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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jan 13, 1900
Page
8
Nimble traders report a strong market after the hoped for Black Friday rally failed to appear. Sugar leads gains with large NY and Boston volumes, while shorts cover and bulls support prices. Bank gains and dividend chatter frame expectations as Montana and other stocks show mixed signals.
The American Bell Telephone Company announces a dividend of three dollars per share and an extra dividend of one and a half dollars per share to stockholders of record at the close of business December 30. The transfer books will close January 1 to January 13, 1900. William R. Driver, Treasurer, Boston. December 20, 1899.
A dividend of two percent on the preferred stock will be paid January 25, 1900 to holders of record at the close of business December 30, 1899. Transfer books close January 1 to January 15, 1900, inclusive. Daniel A Mason, Treasurer.
Company plans dividend payments after preferred stock obligations. Projected net income near 4 million with 600,000 tons iron contracted and plants running ten months, yielding about 2.9 million in surplus earnings. Copper shares dull with limited trading. Utah Consolidated strong on six months earnings and expanded smelter capacity planned. United States Oil faces bear raids despite denial of rumors. Bay State Gas and Navaho moves noted along with other minor price shifts.
Daily report from Boston Stock Exchange lists the highest and lowest sales and the closing bid and asked prices for today.
The report lists ex-dividend notes and totals for securities including bonds totaling 67,410, unlisted bonds 18,000, stocks 11,976 shares and unlisted stocks 16,502 shares as part of US Leather disclosures.
Wheat opened easy, slipping 4e to 6e under Thursday’s close as Argentine shipments rose to 1,216,000 bushels for the week, well above 680,000 last year. Buenos Aires cables mixed with bullish Odessa reports on snowless crops while Argentine visible supply reached 2,760,000 bushels and Bradstreet showed weekly exports at 4,245,026 bushels. St Louis and Minneapolis activity supported prices amid stronger corn and provisions demand. Northwest receipts totaled US2 cars, up from 615 year ago and 529 last week.
The Boston Christian Endeavor Union hosts a farewell at Tremont Temple Chipman Hall Monday at 7 30 p m for Dr F E Clark president and founder who departs with Mrs Clark for an extended trip to Japan China and Korea. Rev G C Lorimer D D Rev A H Plumb D D Rev W R Campbell Rev James J Dunlop and Dr F K E Clark speak with music by a G K Somerby orchestra. All are invited.
The Congregationalists of Boston push a legislative bill to extend the International Institute for Girls in Spain. Founded in Massachusetts, it currently operates in San Sebastian and may relocate anywhere in Spain as set by its board, under the new proposal.
General Corbin announced that Lawton fund subscriptions reached 80 101 dollars, up nearly 5000 since the last report.
Advertisements claim a universal cure for stomach weakness and indigestion. They tout rapid relief from the first dose and imply guaranteed cures, promoting Gu. . GOULWIN Co. as the selling druggist in Boston.
R G Dun weekly review notes the new year opens with cautious business but no drop in consumer power. Prices hold, wages rise, and output in blast furnaces increases while unsold pig iron stocks grow. Textile and cotton goods markets show mixed activity with cautious buying and delayed orders.
In Lexington on January 11 Senator William Goebel denied reports of engagement to Corinne Blackburn daughter of Senator J C S Blackburn. He said he has never married due to being too busy and focused on supporting himself, while Blackburn stated she has not been engaged and has met him only briefly.
Brockton proposes to persuade the Legislature to move the registry of deeds and probate to the shoe city, leaving the jail and the rock in Plymouth. The move sparks a heated fight with Plymouth and surrounding towns, as Brockton aims to become the county seat amid strong local resistance and political maneuvering.
Bradstreet’s summary notes quiet demand but steady price levels, with firmness in pork products, tallow, cottonseed oil, and sugars. Cautious optimism in cotton and wool, strong rail earnings, and 1899 output expected near record highs. December shows modest advance in several commodities and gradual gains across railroads.
The Southern Railway launches the New York and Florida Limited starting January 16 from New York at 12 40 pm for St Augustine arriving 3 35 pm next day. The train offers exclusive sleeping cars dining car and observation cars and runs to St Augustine with detours to Columbia Jacksonville and Tampa. Two additional daily Florida trains U S Fast Mail and New York and Florida Express offer through service to Jacksonville St Augustine Miami and Port Tampa with Pullman cars and dining. Reservations and rates available at the Southern railway office 228 Washington street. George Co Daniels New England passenger agent.
A Boston Clearing House Association meeting authorized the sale of collateral backing clearing house certificates issued to Globe Bank Securities. The securities amount to 3,500,000 dollars and were placed under the committee’s control for disposal.
A well stocked shop for cloaks suits furs skirts and waistwear opens at 170 Tremont Street corner of Mason Street in Boston. Oscar Grosberg invites ladies to inspect the up to date line and offers made to order suits skirts and coats with a focus on quality and elegance.
A new long term lease begins January 1, 1900, for the Broadway Central Hotel to Tilly Haynes, its eight year veteran manager who has rebuilt refurnished reorganized and expanded the property at a cost exceeding a quarter million dollars making it one of New York's largest and most complete hotels.
General Felipe B. Berriozabal, minister of war in Diaz's cabinet, died in Mexico on the evening of January 9. He served as government representative on the board of directors of the Mexican Central Railway Company since its inception, with a break from 1888 to 1886.
Community churches list morning and evening services with sermon topics and speakers. Clergy include Rev. Edward Anderson and Dr. Lorimer at Tremont Temple, Rev. Herbert Johnson at Warren Avenue, and Rev. Gordon at Old South Church. events include hymn concerts, temperance programs, Berea College appeals, and evangelistic meetings with noted choirs and orchestras.
A brass-age calendar of a model described as an American beauty captivates with delicate cheek and arm skin tones, sparkling eyes, rippling hair, and filmy apparel. The artist’s mastery is praised as the calendar becomes a work of art and a display of aesthetic craftsmanship.
An old advertisement promotes Dean's Ointment as a safe cure for eczema and other skin diseases. It claims the product harms no one and is available at drug stores for 50 cents.
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