Wall Street Advances As Stocks Rise In Quiet Trade
General stock prices lifted today in a steady, unexcited market with scarce supply. Buying aimed at year end positions and anticipated January demand, keeping bonds firm and the money market easy.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Dec 30, 1904
Page
8
General stock prices lifted today in a steady, unexcited market with scarce supply. Buying aimed at year end positions and anticipated January demand, keeping bonds firm and the money market easy.
Ennis and Stoppani report Wheat declines after a government crop estimate tops expectations with Dec May and July contracts showing varied highs and lows. Corn and Oats trade dull to firm with notable copper stock gains and widespread market optimism on copper prices and Osceola dividends amid a busy financial day in Boston and New York markets.
The Boston Market reports an ex-dividend status with total sales across listed stocks of 67 564 shares bonds totaling 35000 and unlisted stocks 27545 shares reflecting market activity for the period.
Chicago December 29 world wheat supplies fell unexpectedly aiding gains. May wheat rose fractionally while corn and oats held steady and provisions slipped about two to three quarters of a cent.
Riley, after regaining consciousness, said he and a friend planned to end their misfortune by death by own action and traveled to New York for that aim. Mrs. Weed rushed from Brookline to the city, disputing the suicide theory. Riley remains in the hospital awaiting arraignment on the charge of attempting death by own action.
The text notes one of the Lewisohn daughters and identifies Mr. Henry as a large stockholder in the Boston Consolidated Company. It adds that when the Utah Consolidated Company was an English corporation Mr. Henry served as an English director of that company. Edwin G. Heath.
The New York stock market rose today with widespread gains and a buoyant finish. Amalgamated Copper led a broad advance with several leaders like Copper St Paul Union Pacific and US Steel at day’s highs.
A list of upcoming dividend payments shows Osceola Consolidated Mining Company at 2 dollars per share semiannual on Jan 27, El Paso Electric Company at 2 dollars per share for preferred on Jan 0, E W Bliss Company with quarterly 244 percent common and 2 percent preferred on Jan 3, Delaware Lackawanna & Western R R Company at 1% quarterly, Nova Scotia Steel and Coal Company at 2 percent preferred on Jan 13, Manufacturers' Light & Heat Company at 14 January.
Field Marshal Lord Roberts argues in the January issue that Britain must build a large reserve and train all able-bodied men from youth to shoot and follow orders. He notes South Africa war lessons, calls for more mounted troops, and cites a massive new gun program costing 17.5 million dollars to be delivered in 20 months.
Captain Remington announces no crowding in aisles at the State House for Governor Douglas inauguration next Thursday. State House tickets will be issued with 25 seats for staff, plus seating plans for Bates and Douglas staffs. Total inauguration seating capacity is 804 across House floor galleries sides and aisles.
The State Board of Health asks continuation of water tests at Roberts reservation in Waltham for a few days to determine water quality and the rainfall effect. Officials are anxious about water quality and extend the tests to reach a definite assessment.
A committee led by ex-Governor John D. Long called at the State House to present a letter signed by 173 prominent men inviting Governor Bates to accept a public dinner after his term. Long spoke in the executive chamber and Bates promised a reply later, moved by the remarks.
Harry W. Osborne was adjudged sane by Dr Putnam of Chelsea after a drunkenness charge in Chelsea court. He was convicted and sentenced to 30 days in the House of Correction, with an appeal to the January term of the Superior Court. He is identified as the husband of the woman whose body was found in the harbor last Thursday.
New York December 29 H. H. Rogers who was at his office yesterday for the first time in a week is not in the best of health according to several of his personal friends.
The Puritan of the Fall River line broke its port paddle wheel near Pleas ant View Rhode Island as a high sea drove ice. The vessel anchored near shore while 400 passengers waited. With tugs and nearby ships assisting, the ship proceeded to New London and planned repairs to continue to New York. About 100 passengers disembarked, others stayed aboard.
The State Department announced appointments in the diplomatic and consular service. James Jeffrey Roche becomes consul at Genoa Italy. James Johnston is appointed consul-general at Hankou China. William H. Bishop named consul at Palermo. Hugh Baugh named student interpreter at the American legation at Pekin.
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