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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jan 27, 1905
Page
8
The market opened on a strong note with gains as foreign and domestic buyers pushed stocks higher. Amalgamated Copper led advances as investors piled into copper shares while Erie securities continued to show strength in a developing railroad deal.
New York stock action opened with prices only modestly higher as selling pressure still limited trading. Erie led demand. Union Pacific and St Paul rose, market closed buoyant at top, with total volume around 209,830 shares across major issues including Amalgamated Copper, Amer Sugar, Reading, and U S Steel.
The Greene Consolidated Copper Company directors declare a four percent dividend on its capital stock payable February 20, 1905 to stockholders of record at noon February 1 1905. Transfer books close noon February 1 1905 reopen February 21 1905. G E Robbins secretary.
A Boston tailor Frank P. Harris testifies that Doan's Kidney Pills cured years of backache and dizziness. The ad notes the pills cost 50 cents and are sold by Foster Milburn Co of Buffalo as U.S. agents with the slogan Remember the name Doan's and take no other.
Edwin G. Heath notes a broker’s view that a 12 point drop leaves tired holders shaken out before the stock may rebound. He recalls this stock as one of three Lawson urged readers to watch near the top, signaling uncertainty about its future prospects.
The Boston Market reports first instalment paid and assessment settled. Total items include listed stocks 981125 shares, bonds 64500 dollars, unlisted stocks 15684 shares, and rights 220 units.
Bond market summary lists closing yields and prices for US Treasuries and corporate issues as of Jan 26 and Jan 25. Key entries include US rf 2s at 104% and 8 rf 28 at 104%, with several railroad and utility issues trading around 100% to 111% and a Cuba 5s cer at 106¼.
Chicago wheat futures rose after reports of dwindling farmer holdings in the Southwest. May options gained about 1 percent, corn up around 4, oats higher by 4 percent, and provisions largely unchanged to 2 cents lower.
Ennis and Stoppani report Chicago grain quotes for May July and Sept wheat oats corn with prices and changes. They note wheat strength after early hesitation, rising activity, and a cautious recommendation to buy on pullbacks, while corn and oats show upward moves aided by short covering and cash house buying.
The Bulletin the Cambridge graduates newspaper supports Harvard merging with MIT. It says the move serves education, not Harvard self interest, and would avoid duplication by having two top technical schools in the same community. It urges overcoming prejudice to achieve cooperation.
New Hampshire Automobile Club plans a well equipped clubhouse at Hampton Beach to serve as headquarters for a new auto racing ground. Officials envision a hard packed beach course over two miles, expandable to four, linking Seabrook Beach for a total of over four miles.
Harvard team overwhelmed Brown 27 to 10 at Hemenway gym. Pryor Brown center stirred the rough play by tackling Snyder Harvard. Reynolds Brown guard left the game in the second half as Harvard guards Snyder Griffiths and Murray starred with Burnham adding a long shot.
Baseball news notes Chesbro praises Tenney as the best first baseman seen by Boston reporters. Cincinnati manager Joe Kelley plans spring duties March 8 in Baltimore area. Charles A. Murphy named assistant secretary of the New York Nationals. Grillo loses American Association presidency to Tebeau. Pearl Holocros touted as a valuable pitcher by Clark Griffith. Harry Davis ready for action for the Athletics after injury. Buffalo loses six players in drafts. Frank Croker killed at Ormond era linked to Lauder signing. Ed Abbaticchio to coach at Washington and Jefferson College. Lachance’s temper shown after a missed shot at Langham, remembered for both baseball and pool skills.
The postponed game between Roxbury Latin and Stone's School to decide the league championship will be held this afternoon at Franklin Field. Both teams miss key leaders due to injuries from practice.
Arrangements are under way for a Boston team to tour the provinces and test mettle against Canadian squads. Brookline High may supply the forward line, while Arlington seeks win impact amid protest over a non regulation rink. Vanderwat speeds in ring at Franklin Field as schoolboy hockey stories stir debate over alleged doping at Ballou and Obigand prep.
This afternoon East Boston High School faces Boston Latin at the East Boston High School Gym. Both teams are described as fast and a great game is expected. The second team game follows.
Pressed Steel Car Company declares a quarterly 1 percent preferred dividend payable February 23. Actuiney Mining Company sets $3 per share dividend date February. Moskeag Manufacturing Company announces a semi annual dividend of $50 per share payable February 1.
A short notice reports a recall of the laxative BromO Quinine product due to safety concerns. Officials urge consumers to stop use and return remaining bottles to the retailer for refunds. No injuries are cited in the readable text.
The Six Little Tailors announce relocation from 295 to 211 Washington Street due to overwhelming patronage. Four New York cutters join to oversee cutting, and the old stock will be sold at half price at the current location as the firm maintains its 25 year reputation for honest dealing.
The Hollis event yesterday afternoon supported the Cambridge Memorial fund. Daughters of the Revolution organized the patriotic benefit, featuring Wright Lorimer in a poet’s portrayal. The programme offered a delightful entertainment for attendees.
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