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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jan 10, 1900
Page
6
The report notes initial gains in market activity followed by a retreat later in the session as traders reassessed early optimism. Analysts cite profit-taking and cautious sentiment ahead of key economic data releases.
Tuesday trading opened dull with South Africa guiding sentiment as Sugar led declines and railroad issues fell to new lows. New York and London money markets ease improved morale abroad but U S securities faced continued selling with forecasts of further weakness unless positive news arrives from Europe.
Mixed market report notes a large company shipping 110,969 cars of manufactured products and employing 15,000 with salaries totaling 7,983,560. It lists asset gains, debt reductions, and a soap factory, plus new electrical machinery at St. Joseph and Chicago plants. Public auction of United Verde Copper Company property fetched 560,000 for reorganization.
Boston stock market figures show today’s highest and lowest sales, along with the closing bid and asked prices. The report lists activity from the Boston Exchange as of January 9.
In Liverpool and Chicago trading opened weak and closed lower amid limited foreign demand. Bradstreet’s weekly stats show a rise in world available wheat and stocks, with U S east of the Rockies down 18 000 bushels and Northwest receipts up as buyers push to meet primary shipments.
The Brigham estate directs residue income to accumulate for land purchase and hospital buildings in Boston to be conveyed to a new corporation. Trustees transition after ten years to The New England Trust Company. Substantial private bequests are listed, with gifts to relatives, servants, and the Boston Emergency Hospital, and the Hollis Street Theatre site not going to the Ancient and Honorable Artillery Company.
The Rev Dr Edward McGlynn’s body lay in state at St Mary’s Church amid a throng of mourners. The casket, in priestly vestments with a chalice, rested on a catafalque and will move to St Stephen’s Church in New York for a solemn requiem Mass. Grover Cleveland sent regrets.
Secretary Long urged stone dry docks over timber for League Island and Mare Island new docks in letters to Senator Hale and acting Chairman Fossa. He emphasized material advantage and urged the change to stone.
Jack Farrall of Willington Del defeated Kid Goulet of Rochester in the eighth of a scheduled twenty round match at the Youngstown Athletic Club Goulet was knocked down by a left swing to the solar plexus in the eighth round.
Tommy West of Brooklyn and Jack Root of Chicago fought six rounds at catch heavy middle weights in Chicago. Root was awarded the decision at the end of the sixth round.
In Chicago Young Griffo of Australia won the decision over Young Kenney despite Kenney weighing at least fifteen pounds over the limit. Griffo dominated all six rounds and pledged to fight any American at 133 pounds for $5000.
Cornell trainers held relay practice in Ithaca as the track team readies for the Boston meet on January 27. Likely runners include Hastings Dollinger Bassett Berry and Torrence.
The Franklin School Association holds its fifteenth annual reunion at United States Hotel on Monday January 16 at 5 30 p m with dinner at 7 p m and a musical and literary program. Mr Curtis Guild will be the guest of the evening.
George F. Hoar argues for a policy in Luzon that blends American aid with restraint, favors Filipino self-government, and criticizes Otis's proclamations as risking war. He invokes McKinley, Dewey, Otis, and Aguinaldo, defending liberty and Massachusetts pride amid calls for independence.
Hoar seeks a national law banning song and insectivorous bird plumage in millinery, echoing Massachusetts restrictions backed by Audubon Society. Boston milliners worry about import bans and altered fashion while debates split shops across the Back Bay and downtown.
Crack amateur and pro racket players contested for laurels at the B A A yesterday afternoon before a large crowd. Pettitt and Standing defeated Shaw and Latham four straight in best four of seven with high energy and notable service. Miles, the English amateur champion, arrives and may play singles against G R Fearing Jr. Friday.
Boston College football team of 1899 attended a banquet at Parker House with Captain Charles J. Kiley and eighteen players among guests. Toasts led by Augustine L. Rafter. Also notes a second annual reunion and ball of Military Division 43 A O H at Historic Hall, Deacon Building with Kelly caterer and Hobbs’s Hibernian Orchestra. The Division 57 A O O H ball is set for Beadreads Hall with Waverly Orchestra. Boston Seaman's Friend Society hosted a sailor dinner and entertainment for about 300 at 287 Hanover Street chapel.
Postmaster Hib bard told Chickatawbut Club that he would devote all his official time to duties. He noted Boston post office growth from 140000 receipts in 1841 to millions in recent years and that one postman delivered all mail in 1846, now over 700. He pledged Washington officials push for frequent prompt merchant delivery and sought friends’ advice for a successful administration.
The will of Hon. L K Baker president of Yarmouth Steamship Co is probated. Estate valued at 150000 dollars with two sons and a daughter as legatees. Widow to receive 60000 dollars income for life. The estate includes a majority of the company shares. Will dated November 1897.
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