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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Feb 21, 1912
Page
13
The article reviews how presidential elections influence stock markets, comparing 1900 1904 1908 and 1896 performance. It notes prior years showed upward gains, explains low points and year end highs, and cautions that fundamental conditions drive future movements beyond politics.
The piece argues two distinct economic periods since 1896, a broad expansion through 1906-07 and a subsequent readjustment, with stock volumes and foreign trade rising overall. It notes wealth growth about 20 percent in a decade, bank clearings up, and cautions that 1912 faces brakes on prosperity such as rail costs, high living costs, and ongoing price pressures from gold production.
Total sales New York 127700 in quiet markets. Boston 25282. Most active NY Steel common 29300. Mayflower Mining 2531 in Boston. YTD Jan 1 1912 NY 15782500. Boston 1715147. Compared with last year NY 18255800. Boston 990857. Largest NY gain Havana Electric prof 738 to 110. loss American Tobacco 2 to 258. Boston gain Calumet & Hecla 5 to 430. loss Rutland R. R.pref 2 to 56. Call money NY 2 1 4 pct. Boston 2 1 2 to 3 pct. Time money NY 2 3 4 to 3 1 4 pct. Boston 3 to 4 1 4 pct.
The stock market stalls with little movement as traders await President Roosevelt's presidential candidacy decision and policy stance. Brokers face rising expenses while old hands recall past bears and speculate on future volatility and stability.
Trading in yesterday's local stocks showed 35 982 shares dealt, with no clear trend. Copper shares Mohawk and Copper Range led gains while Massachusetts Electric and Chemical Common saw mixed moves, and Hast Boston Land faced profit taking as overall activity remained light.
Middlesex Probate Court cites heirs and interested parties to appear on March 8 1912 at Cambridge to show cause why Annie Miller should be granted letters testamentary without bond. Public notice required weekly for three weeks in the Boston Post and via mail to known heirs. Witness Judge Charles J. McIntire. Boston February 19 1912.
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