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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jan 19, 1900
Page
6
Heavy liquidation hit the markets with London easing as Bank of England rate cuts soothed sentiment and New York late afternoon selling intensified. Sugar prices tumbled from 119 3 8 to 114 1 4 as traders blamed Con solidated Exchange shorts led by J Overton Paine and C M Dodge.
State Trust Company notes liquidation continues locally for houses with large coal and coke stock collateral. Dominion Coal and New England Gas and Coke report strong business and no securities tied to loans. Boston & Montana declares a quarterly dividend of 8 per share payable Feb 20 to stockholders of record Jan 25, with total dividends reaching 1,672,507. Market activity includes notable moves in Old Dominion Montana Arcadian Butte & Boston and other listed securities and curb market strength for Little Tiger and Bay State Gas.
The report covers eleven thousand dollars in stocks and eleven thousand nine hundred forty five unlisted shares and sixteen thousand three hundred seventy five shares. Sales are reported by Wilson W. Fay & Co of No. 7 State Street.
In Boston, Navy quotes list highest and lowest sales and closing bid and asked prices for bonds. The report notes total sales at 65 040 dollars for unlisted bonds and tax rights amid daily market activity.
Messrs Howard Crosby & Co report Liverpool wheat opened quiet and lower and closed lower amid a recovery in American markets. Chicago prices fell 4 cents from night close as sentiment stayed bearish. Local selling by Northwestern and St Louis interests dominated, while commission men led the selling and professionals bought. Northwest receipts numbered 817 cars, versus 824 a year ago and 485 last week.
The Boston Caledonian Club plans a Burns Night at Mechanics Hall next Thursday evening. Chief Munro and committees have arranged a grand display with Scottish dress, a full Scots Guards presence, and a spectacular grand march led by Chief Munro. Governor’s staff, Mayor Hart, and a Fusiliers delegation will attend.
James I Rooney of 9 Austin Street Charlestown worked at Fort Warren fell while running down an embankment striking his head on a concrete walk. He was brought to City Hospital by the police boat Guardian. His skull was trepanned last night and he is in serious condition. His correct name is James Sullivan.
New developments in the Miller Franklin Syndicate case name a lawyer, a woman, and another man as participants. Chief Devery notes a stenographer, an ex judge, and a satchel containing money linked to Miller. The lawyer Ammon and ex Judge Co De Wolf are identified with offices and witnesses ready for the grand jury.
G Milton Bell faced charges of obtaining goods from JL Edward Bidel of the Quincey House and appeared before Judge Dewey. The Municipal Court discharged Bell during Wednesday proceedings.
Alfred Bicknell says the association plans a trade school funded by the Shattuck income about 900 dollars. Horace H. Watson, William R. Young, and Mrs. C. P. Bachelder will direct the effort in Boston and Pawtucket. A separate testimonial praises Dr Williams Pink Pills for Pale People for nerve and stomach issues and notes success for the writer and her husband after strokes.
The Boston Trade School will open in the Mechanics Building basement within nine or ten months serving three classes with about twenty pupils each at an annual cost near eight thousand dollars. It will expand to cover multiple trades such as bricklaying plastering plumbing electrical carpentry painting blacksmithing printing sign painting sheet metal and drawing and will issue certificates on completion to aid job placement.
Thirteen crew members of the Gloucester fishing schooner Commonwealth arrived in this city yesterday morning. They had been brought from Yarmouth N S to port on the steamer Boston by the United States consul at Shelburne. On January 1 off Cape Sable the schooner was dismasted in a fierce gale and saved by jury mast. The next day the gale eased and Mondego towed her toward Shelburne where she was abandoned to the underwriters.
Paris January 18 The Court of Appeal reversed a lower court ruling awarding 100 000 francs to Mrs Rosal widow of P Rosal cabin passenger who perished in the La Bourgogne disaster off Sable Island July 4 1898 It held the crash not the fault of Compagnie Generale Transatlantique nor Commander Deloncle
A bill to abolish state supervised compulsory piloting north of Chesapeake Bay and shift to local steam vessel inspectors faces strong opposition from pilots and allies. The article also notes a busy harbor scene with fish unloads, ship movements, and various captains amid a period of low grain shipments.
Government quarantine rules aim to curb plague spread with focus on coffee shipments. Experts say beans themselves remain unlikely carriers while roasting heat neutralizes germs. Detention of goods and transport disruptions in plague areas drive higher coffee prices amid possible further rises.
In Four River Mills area stockholders of Linegraves Parker Peabody and Victoria mills, led by agent treasurer Seth A Borden, consider consolidating holdings through stock exchange to simplify finances as seven mills require unified oversight. directors may meet in February.
The Scots Charitable Society held its annual meeting at Youngs Hotel, with reports from the secretary treasurer relief committee and the women’s auxiliary. John S Loudon reported a permanent fund of several thousand dollars and aid provided to nearly 200 people for lodgings board and transportation. New officers elected include George D Wemyss president Duncan B Russell vice president John IT Lou ion treasurer John Ballantyne secretary Rev George Lorimby D chaplain Dr Robert John physician James Stewart R I M and P Patterson relief committee and David M Balfour trustee cemetery land James B Hill and P H Lawson auditors.
The Jan 18 notice lists Massachusetts pension adjustments from the June 4 issue. Changes include original pensions for Wheelock Boston and Foxwell Boston dead, increases for Eleaser Cole Campello and Francis Osborn Brockton, and reissues and widows’ pensions for Lattle Foxwell Chelsea and Sara Roberts Boston. Also mentions Lafayette Proper Jonville and Lorenzo Hodsdon Posto adjustments and accruals for Sarah Steer Malden.
The Sunday Post report on counterfeiter Davis claimed a furniture dealer seized goods from his former home with $15 balance due. Investigators found the items stayed with Davis through trial and sentencing and were later returned to the store, with the landlord arranging removal.
New York hosts a French ball with Paine Memorial Hall Boston set for tonight. Advance ticket sales are strong with surprises planned. A concert runs from 9 to 10 PM, dancing until 4 AM. Grand march at 2 AM features calcium effects and leading Boston artists.
A delighted Boston audience enjoyed the performances of Zingoro and Soga by Japanese players who have been in the city for weeks. The show will be repeated this afternoon. Before the matinee Mme Sada Yaeco and Mr Otto Kawakami hosted a reception in the theatre lobby.
The East Boston Hebrew Education Club appointed a twenty five member committee for its fourth annual Pallay to be held January 31 at Webster Hall. Jacob W Miller chairs the committee with Abraham Alpert as secretary Louis Miller as treasurer and Louis A Ginsberg Charles Berman Joseph Miller and Max Lepinsky as trustees. Proceeds support the naturalization fund of the alumni.
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