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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jul 10, 1910
Page
11
Worcester and Malden, Massachusetts, invite bids for temporary loans of 150000 and 100000 respectively, due dates in 1910. Kuhn Loeb & Co. report agreement with Westinghouse Electric to renew 4 million of secured notes at 6 percent for three years from August 1, with 2 million to be paid from treasury funds.
New York bond notices report Sioux and Grand Central dividends payable in July. Sioux will pay four cents a share on July 2, books closing July 15, total distributions near 752,842 after this payout. Grand Central pays six cents on July 15, with books closing July 10, pushing total dividends to 1,557,500. Ore shipments list Opohongo through Iron King among 181 total units. Captain Duncan MacVichie oversees Nevada-Douglas mine expansions at Yerington with new shaft house and caving-method ore extraction. Nevada Copper Belt railroad reaches Smith Valley, eight miles from Nevada-Douglas. Victoria Consolidated Mining plans capital and name change, broadening capitalization from 250,000 to 700,000 shares. Little Bell reports March 1 to May 21 receipts of 56,165.19 cash, 14,675.83 ore sales, 1,743.25 boarding, with 35,684.25 expenses and 37,231.98 cash on hand. road bans hinder shipments. Beck Tunnel reports over 100,000 debt and rising costs. possible mine closure unless 100 level results show improvement. Nevada Hills appoints Wingfield as president. directors add Davis, Burton, Webber, Knox, Kirby, Hodson. capitalization increased to 1,250,000 shares to acquire Fairview Eagle and install a milling plant.
Mascot Oil plans to boost output from 80 000 to 100 000 barrels monthly as No 25 seeks larger yields at about 2500 feet. Imperial Oil pays a 5 per share dividend lifting total to 2 500 000 on 500 000 capital. Union reports three new gushers on Sage lease near Maricopa with No 6 drilling itself in. Midway Mt Diablo Oil buys property for 1 500 000 with earnest money and 240 000 later, royalty stream of about 8 000 barrels monthly. Eagle Creek No 8 yields 2 000 barrels daily, halting Santa Fe flows. No 2 remains 500 600 bpd. California Midway buys 60 acres for 60 000. Paula Oil contracts 800 000 barrels to Standard Oil at hoe per barrel and holds 160 acres in Santa Paula canyon. H Ambsen buys land near Coalinga for 60 000. A 2 gravity well in Grimes Canyon yields 50 bpd. price 1 to 1 25 in LA. oil flows to Union Oil.
Reports from Salt Lake City indicate during the regular quarterly meetings on Friday an item labeled Bronx Consolidated drew attention. The documentation appears partial and fragmented from the July 9 issue, with details unclear due to OCR errors.
The Houghton and Dutton Company team defeated R. H. Macy & Co. of New York 8 to 2 at the National League grounds in its 12th straight win. A large parade preceded the game with over 2,000 attendees, including all firm employees. Morey pitched superbly, fanning 18 and yielding five singles. Reardon led with four hits. Donovan and Houghton also starred, with Houghton hitting a home run. A return game is slated for New York on August 27.
Market opinions from Miller and Co Pettigrew Bright and Cor J S Bache Co Henry Clews and Co discuss a cautious outlook. They note a lower market now, potential gains from buying, rising public interest, and gradual recovery as government reports influence sentiment.
Analysts see stocks and bonds priced below value as crop-linked conditions erode confidence. Some expect a speculative recovery with a shift to safer, rising markets, while others warn bear pressure may rebound once confidence returns and money remains low. Liquidity-driven liquidation may end with a broad market cover and renewed public buying.
Thirty demonstrators largely Polish Lithuanian and Hungarian workers caused an indefinite shutdown of Havemeyer and Elder refinery of the American Sugar Refining Company. The strike seeks shorter hours and higher pay, with 100 drivers refusing to work and Superintendent Poole announcing a full closing until the 20 trouble makers are replaced.
Miss Caroline Atwood of Boston, a Fox Buonamist School teacher, secretly married Edgar Kahari, Brunswick High School principal, more than six months ago. The couple, wed in New Bedford during Christmas vacation, kept the event quiet as Mrs Kahari studied in Europe.
James O'Brien, 40, father of ten children aged up to 21, was killed in Westboro on July 9 after stepping from one train’s path and directly in front of another. He worked as a laborer and left a large family.
George W. Tufts former cashier of Rockport National Bank was moved from Charles street jail to Rockport by Deputy Marshal James Ruhl to straighten the bank books An auditor has failed to disclose the exact shortage and Tufts is expected to identify dates of alleged shortages to clarify the amount
A rumor spread that Thompson's Spa sought dissolution of its corporation. The article explains owner C S Eaton sought private business status, with the court petition noting all debts paid and property transferred. Located at 219 ton street, the spa serves downtown business clientele and is well known in New England.
Montreal Street Railway Company declares a quarterly dividend of 2.1 to 2 percent payable August 1. International Steam Pump Company posts a quarterly dividend with 1.5 percent on preferred shares due August 1. Books close July 20 and reopen August 2. Minor notes indicate unsettled text and potential listing errors in the source.
Representatives of more than two percent of the Scottish Clans in Greater Boston met at Harmony Hall to announce a Labor Day picnic at Caledonian Grove. Prizes totaling 31200 will be split among firsts seconds and thirds across events. Officers named include J A MacKenzie president William Payne vice president William Stewart secretary James Grant treasurer and Wim J Graham.
Anastasia W L Sullivan of 86 Ellery Street Cambridge becomes the youngest woman dentist in Massachusetts and the only female to pass the State Board in the past year. A Tufts Dental School graduate she earned cum laude and ranked third in her class, the lone female through most of her three years. She is daughter of Mr and Mrs Dennis Sullivan and was salutatorian in 1907 before entering Tufts.
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