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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jan 06, 1905
Page
10
The January market opened weak with little public participation and dull dealings amid rumors of railroad moves. Amalgamated Copper advanced as coal stocks led gains. bond prices were broad but uneven. money remained easy and the NY exchanges showed a marginal net rise.
Daniel Newman 23 of Portland Street Cambridge, poor and hungry, allegedly borrowed an overcoat from Jacob Sandler pawnshop at 184 Merrimac Street. He was arrested shortly after and arraignment set for larceny. The coat valued at $10.
American Telephones and Telegraph Co declares a dividend of one and a half dollars per share plus an extra of three quarters of a dollar per share. The payment date is Monday January 16 1905 to stockholders of record at the close of business December 31 2004. Transfer books close January 2 to January 14 1905 inclusive. William R Driver treasurer.
Copper Range stood out as a strong copper issue with a robust buying mood, rising to 69 percent from 70 after opening today. Other miners like Daly West Elm River Greene and Isle Royale gained modestly while Mass Michigan Mohawk Old Dominion Parrott Shannon Trinity and Winona slipped slightly.
A report states a bond issue is being considered to fund construction and equipment for an extension. Edwin G. Heath is referenced in connection with the proposal.
Ex dividend noted. First instalment paid. Total sales include listed stocks 28 582 shares bonds 81800 unlisted stocks 18 1389 shares.
Closing bond prices yesterday versus Wednesday show U S rf 2s around 104.5, U S 4s near 105, Mexico Cen 4s at 75, Reading gen 4s 101, Penn 3s about 104, and several rail and industrial issues trading firm. Notable levels include Atch g’s 108, N Y Cg 99, and US Steel 92.
In New York on January 5 irregular dealings dominated by professional traders who favored the short side while some support appeared at concessions. Amalgamated Copper surged over 2 percent from its low and the anthracite coal group showed strength as dividend prospects for Erle were reiterated. The market closed steady with irregular net changes and total U S Steel and related issues showing varied results.
Chicago January 5 wheat ends weaker as lower cables and good winter wheat prospects offset bullish flour outlook. May wheat down 1 4 to 3 8 cents while corn oats and provisions slip. Opened firm on Northwest cash strength but Liverpool prices and US winter wheat condition tempered gains.
Ennis and Stoppani report narrow price moves in May wheat with a bearish outlook advising sales. Corn shows widespread liquidation and heavy selling while oats fall sharply as the market struggles with limited buying power and nervous trading.
Bangor and Aroostook Railroad announces semi annual dividends of 14 per cent. Rogers Locomotive Works issues quarterly preferred dividends at 1 per cent and common at 139 per cent on February 1. Worcester Railways and Investment Co. pays 2 dollars per share on February 1. National Licorice Co. declares 1 per cent common dividend on January 10.
American singer Belle Cole died in London at 5 30 this morning after an illness reported yesterday. She was born in Chautauqua New York about 45 years ago and gained fame as Madame Cole during her career.
In New York on January 5 Edna May was granted a divorce from Fred Titus after he offered no defense. A parade of theatrical witnesses testified for May with Mona Desmond named among them. Rumors linked Edna May with British playwright A E W Mason as the case unfolded in court.
Ellis P. Nutter an expert accountant and Riverside Press bookkeeper filed a Middlesex Superior Court petition to void his marriage to Josephine McArthur O'Brien alleging fraud and mental incapacity during a November 1896 New York wedding. He claims she induced him while he was mentally disabled and has since vanished. He says she has allegedly wed several men for money.
The Republican State committee met and debated the defeat of ex Governor Bates for over two hours. A conference with Boston Republicans aims to reduce the Democratic majority and redeem the state. Major Talbot presided as officers discussed causes, while reorganizing city committees for the fall campaign. Thomas Talbot was named chairman with H H Atherton Jr as secretary and Joseph N Peterson as treasurer.
Mrs. Mary McKenna of the West End died at her home 19 Revere Street after a brief illness. A well known resident she was active in Catholic societies and charitable work.
A Ward 22 Republican committee meeting last evening organized for the year. Officers chosen include Chairman George W. Lorey Secretary Ray P. Eles Treasurer Charles Dow. The group discussed ward matters and outlined plans for a vigorous campaign next year.
New York January 5 The Northern Securities case will be taken to the United States Supreme Court on a writ of certiorari by E H Harriman and allied interests according to W D Guthrie counsel for the Harriman faction The writ would be requested as soon as the court reconvenes It is expected to stay and halt the distribution of Northern Pacific stock held by the Great Northern company pending the decision
The Daughters of Charity Club will meet Tuesday at 2 30 with Miss Florence Bunting at Stratford road Winchester. Visiting committee chaired by Mrs Edgar M Young will meet at 2 30 on the following day with Mrs S S Dale of Hunting ton avenue. Under the patronage of the literary and entertainment committee An Italian Afternoon With Social Tea with Signor Robert Vini and other artists will be held this month.
The Jamaica Plain Tuesday Club meets Tuesday under the art department chair Miss Annie W. Seaverns. Miss Mary Crease Sears will discuss bookbinding with illustrated examples of old and modern techniques. The Shakespeare class meets Monday and the French class Wednesday.
The Mendelssohn Club formed to present a concert soon with Osbourne McConathy of Chelsea schools as director. The group rehearses for a program featuring an orchestra and noted soloists to accompany the chorus.
Encampment Hall in Dorchester hosted the installation of St. Peter's Court 18 officers by D. H. C. R. Thomas W. O'Rourke with Americus Court staff. John W. Brown led the marshal. Major John J. Leonard and Denis D. Driscoll served on the committee. Dorchester and Boston courts attended the ceremony followed by music and a collation.
The Executive Council approved buying land in Brewster on Cape Cod for a permanent leprosy detainment house. The State board struggles with care for the lone case, initially mulling Tewksbury, prompting Brewster protests. A hearing is set at the State House before the State Board of Charity.
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