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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Dec 02, 1904
Page
10
Wall Street opened higher with a broadly firm tone yet activity remained muted over the session. Strong spots appeared in high grade stocks and copper shares, while overall indices softened late amid light offerings and renewed profit taking.
Boston resident Harry C. Rodman reports years of kidney trouble and hospital stays followed by rapid improvement after using Doan's Kidney Pills. He praises the remedy and urges others to remember the name and buy from local dealers. Foster Milburn Co. of Buffalo is the sole U.S. agent. price 50 cents.
New York trading ends with an irregular, active session as more sellers than buyers dominate. Despite Dec 1 loan settlements, call money cooled from 4 percent, while quotes list moves in Amalgamated Copper, Amer Sugar, Arch Top, Brooklyn Rapid, Chicago Milwaukee Saint Paul, Colorado Fuel Hershey, Metro, Missouri Pacific, Pennsylvania, Reading, Union Pacific, and US Steel securities with varied highs and lows.
The Westinchouse Electric & Manufacturing Co in New York on November 29 1904 declared a quarterly dividend of 234 percent on the Preferred Assenting and Non-assenting stocks. The dividend is payable January 10 1905 to stockholders of record December 28 1904. Transfer books close December 28 1904 and reopen January 11 1905. Treasurer W Siemon signed the notice.
Chicago activity ends with a barely steady close after Argentina’s bright harvest weather. May wheat slips 1 8 to 1 4 cents, corn down 1 8, oats slightly lower, and provisions off 2 1 2 to 10 cents.
Chicago grain men report a choppy session with an initial advance in wheat on Argentine harvest concerns and dry winter belt weather. Profit taking trimmed gains as locals and NW buyers stepped back, while corn stayed steady and oats eased on scattered buying.
The Boston Market records aFix dividend and first and second instalments paid. It lists total sales across listed stocks 75 448 shares bonds 65 000 unlisted stocks 52 109 shares and rights 2131 in a concise financial summary.
Closing bond figures show U S and various rail, utility, and local issues trading with mixed gains and losses. Notable entries include U S 4s around 104 percent, Mexico and Atlantic lines near 103 percent, and Erie and Reading issues near 102 to 105 percent, reflecting press volatility.
Police report fresh clues in the Mrs Brigham murder case near Leicester. A new witness is identified while the search focuses on Ovide Chapdelaine and a second man connected to the meadow pond scene. John Riley to be brought from jail to aid investigation.
Dec 1 William Barclay Parsons chief engineer of the Rapid Transit Commission resigns his post. He led the city subway construction efforts and plans to devote his life to Panama Canal work as a canal commission member.
Georg Henschel lectured on his diary’s intimate notes about Johannes Brahms at Jordan Hall. The reading memoir offered fresh insights into Brahms life before his major works, presented in a conversational, informal style before a sizeable Boston audience.
Copper markets surge on rising prices and heavy buying by Chinese bidders. Phelps Dodge warns a 10 percent production increase over the next year is needed to avoid a famine, while shares in Amalgamated and other major producers jump.
Max Henry Newman spoke to the Lindsay Club of St. Paul’s Church Tremont Street on Boys Clubs Their Purpose and Their Aim. After the address Rev Edward Tilotson gave remarks at a parish room collation noting the club’s namesake Rev John S Lindsay and his interest in boys.
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