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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Apr 19, 1901
Page
6
William G. Rockefeller announces in New York on April 15 1901 that the board and major stockholders endorse depositing shares following a letter from Kidder Peabody Co of Boston to the Directors. The banker's letter explains the required action.
Boston letter from Kidder Peabody pending exchange between Butte & Boston and Amalgamated Copper Company. Deposit deadline April 25 at lower office 117 Devonshire Street. Depositors may opt for cash $92.50 per share or withdraw. underwrite option potential pro rata share in Amalgamated stock.
Work on the Boston harbor main channel resumes at a brisk pace with two steam dredging shovels pulling mud at about two tons per minute. Depth now about 27 feet at low water, not enough for some vessels. state funds cover the dredging, while politics delayed larger appropriations.
Plans were completed for the Ancient Orders of Hibernians parade in Lynn on Friday starting at 2 p m from City Hall. About 600 A O H members from Suffolk County and twelve companies will march in divisions led by County President Jarense with Chief Marshal P quiet of mee.
A Washington dispatch reports free trade between the United States and Porto Rico to start July 1. When Porto Rico’s assembly enacts local taxation to fund government needs, the President will proclaim it and duties will cease. The local tax law has begun, with full effect by July 1.
David Balfour, a 56 year member, attends the Scots Charitable Society quarterly meeting at Young's. President D. D. Russell presides as reports from Treasurer John London and others are noted amid routine business.
Boston and Montana Consolidated Copper and Silver Mining Company officers announce a plan via Kidder Peabody to exchange shares with Amalgamated Copper Company. Deposits of 100000 shares are required by April 25 1901 with options including exchange receipts or $375 cash per share, or withdrawal. Directors and major stockholders consent to deposit.
A large turnout of politicians filled the Superior Court for the third session as Judge Richardson presided. The case, brought by Ruben Stein against Aldermen Lomásney and William Berwin to recover money from an alleged oral contract over profits from a city sale in the West End ward room, featured Mayor Hart among the witnesses who summoned the plaintiff. The trial began two days earlier.
Mayor Van Wyck returns the Legislature passed charter to Albany with a veto and twenty three pages of memoranda outlining why New York City rejects it. Assistants Ladd and the Corporation Counsel helped craft the response after over a week of work.
The New York market remained active and irregular with gains in specialities and several miners leading. United States Mining rose as insiders eye a potential 25 to 30 level, while Consolidated Mercur jumped after a 12 1 2 cent quarterly dividend. discussions of consolidations and ore output figures influenced trading.
A long advertisement extols Dr. Pierce's Favorite Prescription as a cure for womanly ills and headaches. It cites testimonials from Miss Jessie Simmons and Mrs P A Graham, touts the product alongside Golden Medical Discovery and Pleasant Pellets, and invites readers to consult by letter at the Invalids' Hotel and Surgical Institute in New York.
The Boston stock market reports subdued trading with prices at or near the day’s lows. Investors show caution as early losses persist and demand remains tepid across sectors.
In New York a note reveals that a man attempted murder and suicide after his parents objected to marrying his partner. The incident left one woman shot and the man dead. Authorities report on the possible motive and sequence of events.
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