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This newspaper page contains 10 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Aug 30, 1911
Page
10
The piece explains how crop output drives purchasing power, solvency, trade balance, rail earnings, and raw material supply. It highlights corn as least influential, wheat as most immediate, and cotton as pivotal for exports, noting booms like 1907 partly stemmed from crop success and farmer finances.
Total sales New York 462 900 shares Boston 24079 shares. Greatest gain New York U S Realty 2 to 69 greatest loss Wells Fargo Express 214 to 150. Prices moved irregularly as traders faced weak opening and late indecision.
Corbin Copper Chief Consolidated First National Rhode Island Coal and Bay State Gas led yesterday's curb market session with firm prices. The full curb list showed fluctuations across securities and commodities, with notable activity in energy and metal listings.
The Flora A Kimball arrived from Cabo Rojo Puerto Rico after 26 days at sea and berthed at Prison Point. The Admiral Dewey was found undamaged after grounding near Georges Island and will dock for drydocking on return from Jamaica. The Rhine tows from anchorage but delays due to wind. The Arabic and Bohemian face delays. the Franconia reaches Queens town after Atlantic crossing. Imports and exports show weekly gains over 1910 figures.
Local market traders report moderate volume with mixed results as gains and losses appear. Investors eye copper stocks such as Butte Coalition East Butte Calumet & Arizona and North Butte while Lake stocks and Dow issues dip. Brokers disagree on copper outlook with caution urged for buyers while some see potential for long term gains.
The Boston Market notes stock and bond movements with total sales and prior close. It argues that crop shrinkage this year may cause distress yet agricultural success can spark expansion, suggesting crops heavily influence business trends and financial history since 1899.
Dividend payments announced for today include ex dividend status at Quincy Mining and US Steel with a payable amount of 13 4 per cent. The notices indicate shareholder actions and payment timing for these firms.
N J Miller reports Attorney General Wickersham has sent dissolution papers of the United States Steel Corporation to President Taft. The Stanley committee plans to push the steel investigation when it reconvenes. Early signs suggest steel scrutiny will be intense while other market notes touch brokerage firm failure and extensions on tobacco stock deposits. The Eureka shaft will be abandoned and the Corbin concentrator begins Bonanza ore processing with intermittent operation.
Stormy weather and heavy dogfish catches reduced fish receipts at T Wharf. Nine vessels arrived, including Tecumseh with 85 swordfish and Fanny Reed with 81. Seven trawlers delivered haddock, cod, hake, pollock and cask totaling large weights while prices hovered. A Norwegian steamer Vincenzo di Giorgio arrived from Baracoa with 18,500 bushels of salt and Cuban youths onboard to study in New York.
The almanac lists arrivals and clears of numerous steamers schooners and tugs, with routes including Cuba Norfolk Philadelphia Boston and Halifax. Several barges towing operations noted, plus ships sailing to Newburyport Providence and Newport News.
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