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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jul 07, 1910

Page

14

Prices of Stocks Range Widely Across Markets

Total sales in New York reached 919,500 shares and Boston 38,215. In New York the Steel common led activity with 230,600 shares, while Boston saw Amalgamated Copper as the most active with 7,908 shares. Notable gains and losses appear in United Investment preferred in New York, up to 53, and Pittsburg Coal preferred down to 64. In Boston Union Pacific rose to 15874 and Calumet & Hecla fell to 501. Year to date totals show New York at 100,102,900 and Boston at 5,966,551 shares, with last year’s corresponding periods at 102,007,200 and 6,991,445. Call money stood at 2.34% in New York and 3-4% in Boston, while time money was 3.4-4.19% in New York and 4-5% in Boston.

New York Boston Steel Common Amalgamated Copper N. Y United Investment Pfd Pittsburg Coal Union Pacific Calumet & Hecla Time Money Am CO Smelt & R Sm & R Vf Smelt Pf Hols T«& S Fr Ésfe Ealt Ohio Bklyn RT Bklyn U Gas Can Pacific M&s P Soocm & SP S&s L L & W Steere Central Mackay Pf Tee Wo Mer Marine Pf Minn & SL Nevada Cood Ché& Stl NH & H Nyo&w Nor & West Nor Am Phila Co Pitts Coal Pitts Coal Pf Lewes Pullman Raes Ry St Spg Ewee Rock Island Texas Land Texas Pacific Third Ave Tolly & Light TSS L&w Nae US Rubber U S Steel Tee Bel West Maryland Westinghouse West Union Tere Oy Wele See W& E Wis Central

Market swings as activity and weakness clash among leaders

Yesterday's market opened active and weak with many leading issues breaking records low while St Paul and Northern Pacific held firm. Large stop loss orders and margin calls spurred broad selling then a midday rebound followed by profit taking. Steel, Union Pacific and Reading hit year lows. Hawley stocks face dividend concerns amid hedge selling. Market sentiment steadied near day end as averages clung to near prior closes with mixed outlook for a sustained rise.

St. Paul Northern Pacific Bears Steel Common Union Pacific Reading Hawley Des Moines Fort Dodge Chicago & Alton Steel Corporation Iron Age

Local Market Slumps Hit Copper Stocks to New Year Lows

The local market shows broad price weakness as liqui dation spreads through groups led by copper shares. Granby drops 11 to 29, Calumet & Hecla 19 to 500, Wolverine 3 to 105, United Copper common 31-8 to 41-4, Tennessee Copper 27-8 to 22, Amalgamated 21-4 to 571-8, and Lake Copper 23-8 to 421-2, with several hitting new yearly lows. The industry and other lists show similar weakness, though Sugar stocks, Shoe Machinery and Steel common rebound as notable performers.

New York Granby Calumet & Hecla Wolverine United Copper Tennessee Copper Lake Copper

New Arcadian finds promising copper and diamond drill tests

Gossip of the Street reports Arcadian’s mid southeast quarter discovery in section 17 with shallow overburden and trenching to bedrock within 100 feet. First National copper stock trades near $3, valuing in cash at $7 a share, while Wyandot relocates a diamond drill to section 16 amid signs of a healthy copper lode and renewed exploration around the No. 11 shaft.

New Arcadian Section 17 Wyandot No. 11

Mining notes and market moves from Calaveras to Boston

Telegraphic advices report Union mine north drift 10 feet and south drift 10 feet with ore samples averaging 9 per cent copper. Liberty Trust elects J Henry Miley as assistant treasurer. Angus Mackay of Montreal travels to Boston to discuss the Vulture mine’s new 1600 pound stamp mill and cyanide annex enabling 40 stamps and 125 tons daily. Boston market shows heavy losses in several major mills and banks. The Chief Consolidated posts over $20,000 in June with development shipments surpassing $61,000.

Calaveras North Drift South Drift Chief Consolidated Angus R. Mackay Montreal Canada Vulture Wickenburg Arizona Boston Mackay

Boston curb market yields mixed gains and losses

Local curb market yesterday saw South Lake and Massachusetts Coal lead with gains as South Lake rose from 51-4 to 65-8 and Massachusetts Coal recovered from 43 to 38 then closed at 42. Calaveras hit $9, National Mining Exploration and others key issues, Yukon Gold dropped to 315-16, the lowest in years, with full fluctuations detailed.

South Lake Massachusetts Coal Calaveras National Mining Exploration Boston

Massachusetts Gas Companies Declares 1 Percent Dividend

A dividend of 1 percent has been declared on the Common Shares of the Massachusetts Gas Companies, payable August 1, 1910, to stock holders of record July 16, 1910. Wallace S. Draper, Treasurer.

Massachusetts Gas Companies Wallace §S. Draper

Municipal Loans Awarded in New England Bids

North Attleboro awards 340000 temporary loan to Bond & Goodwin at 4.12 percent discount maturing December 1. Lowell bidders also Bond & Goodwin for 100000 loan at 4.06 percent discount, maturing November 8, 1910. Lowell also grants 700000 loan to F S Moseley at 4.34 percent discount plus 38 premium, maturing July 7, 1911. Malden seeks bids by July 12 for sewerage, surface drainage, brick sidewalks, and new streets bonds dated June 1, 1910. Manchester awards 50000 temporary loan to Bond & Goodwin at 4.34 percent discount, maturing December 14.

North Attleboro Mass Bond & Goodwin Lowell Malden Manchester N. H

Dynamite found above Harriman road in Goshen

In Goshen New York a dynamite cartridge dangled from a tree limb above a road used by the Harriman cars from Arden to the station and Arden Farms. The device was suspended by twine and there is no explanation for the alarming act. The Harriman family has long been popular in Orange County.

Goshen N.Y Harriman Arden Mouse Arden Farms E. H. Harriman Orange County

Love and sentiment across relatives and strangers

Mildred Champagne answers a reader on whether affection can exist without sentiment toward relatives. The letter explores whether lack of feeling toward kin reflects the relative or the person, and cites the proverb about choosing friends over family to illustrate diverging ties of blood and heart.

Miss Champagne

A Dear Miss Champagne Letter From Newton

A correspondent scolds a newspaper columnist, accusing her of vanity and insincerity toward men and three-year acquaintances. The message warns about harming women with bravado and presses for a printed reply in the Boston Post, seeking frank guidance from the columnist.

Dividend Declarations From Multiple Firms This Quarter

American Light and Traction declares quarterly cash 2 percent to common stock with record July 16 for August 1 payment and 4 percent to preferred with record July 16 for August 1. Tremont and Suffolk Mills, semiannual 2 percent to stock with record July 5 for August 15. Daly West Mining 30 cents quarterly to stock with record July 11 for July 20. Commonwealth Trust quarterly 1144 percent to stock with record July 6 for July 15. Brooklyn City R R quarterly to stock with record July 5 for July 15.

American Light & Traction Company Tremont & Suffolk Mills Corporation Daly West Mining Company Commonwealth Trust Company Brooklyn City R. R. Co

Calendar for Today Ex-Dividend Associated Merchants

Ex-dividend dated today for Associated Merchants 1st and 2nd preferred stock prompts investors to note the corporate action. Shareholders should review the ex-dividend status and any payment implications as noted in the market calendar.

Associated Merchants

Inaugurate New Phone System With Quick Salem Links

Beginning today a no delay telephone toll call system will connect Salem Beverly Marblehead with Boston. The system speeds connections from Metropolitan Boston exchanges to the three towns and back, letting subscribers talk nearly as fast as a local call. Users treat the call as if dialing a neighbor, remaining on the line until connected or reported by the operator.

Salem Beverly Marblehead Boston Main Back Bay Fort Hill Haymarket Oxford Richmond Tremont

Heinze to Testify in 300000 Suit in Massachusetts Courts

F Augustus Heinze, due back from Europe, will be placed on the stand in a lengthy suit against A D F Adams and other brokers and money lenders. The case, begun last October and before Master F Rockwood Hall, involves about 300000. Heinze’s counsel agreed to produce him as a witness upon his arrival.

F. Augustus Heinze Europe Massachusetts A. D. F. Adams F. Rockwood Hall Heinze

Among the Churches of Greater Boston

The Rev. Edmund S. Rousmaniere will be a candidate for bishop of Rhode Island at a September convention, facing Rev. George McClelland Fiske in an opposing bid. Bishop William A. Quayle will address the Boston District Epworth League tonight at 7:30. Rev. Charles N. Field sails for Europe, with summer services led by Rev. Albert E. Torey. The Boston Evangelical Alliance opens the first open air service of the season in Lynn near Hougaton square led by Rev. Charles Schaffer and Edward W. Naftzgar.

Edmund S. Rousmaniere D. D St. Paul's Episcopal Church Boston Rhode Island George McClelland Fiske St. Stephen’s Church Providence William A. Quayle Epworth League First Methodist Episcopal Church Temple Street State House Charles N. Field Order of St. John the Evangelist America Bowdoin Street Europe Albert E. Torey Lynn Boston Evangelical Alliance Hougaton Square Charles Schaffer Edward W. Naftzgar

Boston Theatre Season Closes With Mixed Ends This Saturday

Summer stage up and down Broadway closes at Shubert Theatre Saturday evening. At Majestic Miss Charlotte Hunt’s Hast Lynne. Park Theatre ends 27 weeks of The Man From Home with a vacation. Tremont hosts Carter de Haven and The Girl in the Taxi. American Music Halls previews The Battle. Keiths features Four Old Fiddlers and Royal Geisha Girls. Burlesque at Waldron's Casino with A Trip to Reno and Slumming. Billy Chase gains crowd at Bowdoin Square. King Philip steamer sails for fishing grounds. Paragon Park hosts La Diva Venus. Norumbega Park offers Boys and Girls shows daily. Bass Point steamers busy. Cape Cod runs daily at 9 for Provincetown.

Broadway Shubert Theatre Majestic Theatre Charlotte Hunt Lynne Boston Park Theatre William Hodge Carter de Haven Tremont Theatre Keith's Theatre Bowdoin Square Paragon Park Norumbega Park Bass Point Cape Cod Atlantic Avenue Provincetown

Sir Char Haringe Elevated to Peer in London

Sir Charles Hardinge, named viceroy of India succeeding the Earl of Minto, has been elevated to the peerage. The official announcement came after the June 10 notification.

London Charles Hardinge India Earl of Minto

Roosevelt Presses Primary Reform In Outlook Editorial

Ex-President Roosevelt writes on reform of primary rules in New York in a signed Outlook article. He engages with Governor Hughes, the New York Legislature, and calls for changes to the system.

Roosevelt New York Hughes

Direct primary nominations defended by New York observer

A New York figure argues that direct popular primaries advance democracy and party accountability. He notes broad public support among wise opinion, with critics overreaching reform outcomes, and urges preserving party leadership while empowering voters to influence candidates and leadership choices.

Mrs Magness to Receive Income From Estate Share

Washington July 6 Mrs man Magness will receive only the income from her one sixth share in the $1,000,000 estate of her mother Hannah D Gorman widow of Senator Arthur Pue Gorman of Maryland The National Savings & Trust Company will hold her portion during her lifetime and if she leaves a child or children the estate goes to them Ada Gor husband for deser-

Washington Man Magness Navy Hannah D. Gorman Arthur Pue Gorman Maryland National Savings & Trust Company Ada Gor Deser

Also Mentioned on This Page

William E. Soule Eaae Ory Clearing House Toston Clearings Tasten Sub-Treasury St Tees Pei Alee Ealy Los Atchison Wee Bos & Albany Bos Elevated Bos & Lowell Union Pees Eis Elm River Franklin Granby See Shannonese Superior Tennessee Trinity Sete Utah Consol Mergenthaler Pullman Co Eevee Ees Reece Fd Reece ButtHole Seattle Torrington United Fruit United Shoe Ma Do Prestew Ae Ayers US Steel Te Aee Do Pref Amalgamated Am Ag Chem Ise Kuu Am Zinc Batopilas Min Boston Corbin Butte Ballak Se Ae East Butte Thy Tm Giroux Hancock Indiana Oy Isle Royale Miami Lake Kerr Lake North Lake Ojibway Oh Fly Or Ray Gonsol South Utah Sip & Bos Super & Pitts Swift & Co U_S Smelting A. le Apex Wee Wee Lake Shore NY O& W Nor & W Nor Pac Ist Phila & Reidings Pitts L & Sfrr San An Tex & Pae el Ry Lon Inc Union Wabash Eee Pew News Butte Coal Chicago Subway Cobalt Central Carissa Eee Davis Daly Ely Central Giroux Seeresese Greene Cananea Goldfield Jang Oi .Eee Wees la Rose Man ‘Trans Mays Oil Miami Copper Mines Co of Am Ney U &5 Salt Lake Chicago Charles A. Stoneham & Co State Street Beck Tunnel Bullock Carisaa Colorado Columbus Crown Point Daly Judge Grand Central King William Ee Rees Lower Mammoth Little Bellewan Mountain Lake Mason Valley Nevada Hills Uncle Sam Dee Corp Ee Rawhide Coalition Rawhide Queen Fairview Eagle Trinity Place Boston- Colorado Goldfield Consolidated Nevada Davis-Daly Maritime A. H. MacKenzie & CO State St Rhodene Eewy & Power Mansfield Coil & Power James SZ First National Copper Massachusetts Cotton Mills First National Bank Boston & Chelsea Street Railroad The Liberty Trust Company J. Henry Miley Midway Northern Maricopa Oil California F. E. Bancroft &€& Co Doane St United States Securities Co Court Sq BIG Gusher Algomah Amer Arizpe Bay State Gas Bohemia Boston Ely Cactus “Ee Calaveras Hee Ely Consol First National Au Humboldt Inspiration Larsinie McKinley Majestic Sa Eae Oo Py Mason V Mines Co Mollie Gibson Douglas Ohio Copper Ray Central South Lake Gy Willett Yukon Wertiert Yuma C. H. Farnham State Harry E. Jacobs & Co Devonshire St NEW York Bonds Grandler Bros Mi. Street Adams Express Co Allegheny & Western Allis Chalmers Hide & Leather I Cony Ao P E & W Va Ogy ABS Ee Bethielder Steel Bs Stooklyn Teather Cen Pacific Ist Ohio DSF M & St P St P & M Indos Midland South Ist del & Find Fund D& RG Erie FS & M E & West I. & Nash Mo Pace Harrimans Mildred Champagne Newton Boston Post Greater Boston Hardinge New York State
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