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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jan 03, 1905
Page
10
The speaker claims to hold large Amalgamated stock and predicts that truthful ads will destabilize prices. He asserts recent advertisements caused mixed market moves and warns against panic while promising to sell holdings when prudent.
A speaker urges investors to dump inflated stocks before the system and speculators unload again. He cites massive selling on Wall Street, record stock holdings by the exchange, and a flood of false statements aimed at luring the public back to ruinous investments.
A statement rejects claims of collusion with bear raiders and stock speculators. The speaker asserts devotion to a public undertaking, vows to continue publishing the story Frenzied Finance in Everybody's Magazine, and warns publishers would persevere if he is harmed.
An editor warns readers of a projected stock market panic linked to large January disbursements and the so-called System. He urges investors to withdraw from risky stocks, move dividends to local banks, and avoid bonds tied to the System until they can verify independence and safety.
A summary of 1904 market gains led by United States Steel and Amalgamated. Railroad stocks rose sharply with a 29% net advance. industrials up 18%. Outlook for 1905 sees promising industrial conditions, a mixed speculative setup, a strong bull influence, easy money, and cautious bears led by a noted Boston trader.
Rome January 2 Canadian Finance Minister Fielding attended the beatification in St Peter's and noted the Pope's presence in the procession. He will depart for Vienna then London before returning home.
Operating expenses total 8,631,553.08 with major items for general, maintenance, and equipment. Earnings from operation amount to 12,391,358.07 including passengers, track use, rentals, advertising, and interest income.
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