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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jul 19, 1906
Page
10
Wall Street opened dull and heavy as stocks again faced selling driven by foreign accounts and fears from Russia. Early trading showed stagnation with only a brief rise in Amalgamated Copper tied to dividend hopes, while reports on Standard Oil prosecution influenced sentiment.
New York stocks opened weak on July 18 as rumors of a panic in the Russian Bourse sparked early selling. Major rails and industrials fell while a late short covering limited losses. Amalgamated, St. Paul, Reading, and Union Pacific showed notable declines. overall averages closed lower amid quiet trading and caution ahead of director meetings.
The Boston Market reports the July stock and bond prices with totals. Listed stocks show 15,176 shares traded, rights 1,039, bonds $48,000, unlisted stocks 7,854 shares, with numerous company figures such as Amer Tel & Tel Burlington & Mex Chi B Q New Eng Tel and U S Steel appearing in the session data.
Bay State Gas Company of Delaware wins a court case against H. H. Rogers causing rapid curb activity on Exchange Place. Bay State Gas opens at 9 cents, climbs to 32 cents, ends at 21 cents amid heavy dealings. Raven stock fluctuates then rises 6 cents. Dominion Mining & Smelting and Arizona Commercial gain, with brokers predicting higher figures soon.
Miss Molly Kelley the 22 year old custodian opens the City Point reading room in South Boston after a first day of guiding 100 plus children. The new branch offers 2 to 6 and 7 to 9 pm hours with 1300 volumes and 15 periodicals.
Closing bond prices in New York show a varied performance versus July 17. Key issues include US rf 2s at 1.103 percent, US 8s at 102.14, and Mexico Cen 4s at 75. Markets reflect differing yields and rates across government and corporate issues.
Bethlehem Steel Corp pays 1 percent preferred stock dividend August 1. American Light & Traction declares 1.25 percent preferred and 1 percent common for quarter to June 30, payable August 1, up 4 percent on common last quarter. United States Graphite pays 2.25 percent quarterly on August 6. Vandalia Railroad issues 2 percent semiannual on August 15. American Chicle pays 1 percent monthly on common stock August 20. Western Telephone & Telegraph 2 percent semiannual on August 1. Cambria Steel 1 percent semiannual on August 15. United States Radiator & Poulder pays 1 percent quarterly on July 20. Illinois Central Railway of New York 3 percent semiannual on September 1.
A 29 year old man Martin Gannon living at the Salvation Army barracks on Washington street slipped from an ice car in the Sleeper street freight yards and fell twelve feet injuring himself. He suffered a brain concussion and a badly lacerated left eye and was taken to City Hospital. The National Shoe and Leather Fair will be held in Chicago August 18 to 25 with a special Eastern train via Boston and Maine. A Boston special train will depart Union Station with buffet dining and limited tickets available through Er Gile of Boston.
The Globe hosts a double bill with The Merchant of Venice scene and Our Boys while Cambridge Commandery attends. The Mys terious Mr. Raffles moves to Wonderland with a $100 reward and Alfred Davis prize. Keith's features Cain’s dogs and Toby Claude, with Mrs. Wilson That’s All in New York later. Tolante at Castle Square remains popular as Faust comes next week with Pirates of Penzance Martha Fra Diavolo and Erminie. Harry Bulger’s Man From Now nears 100th performance at Tremont as Gounod Faust and operetta line up.
Heinrich Conried plans bring Puccini to America for a winter season opening in November. The program includes Puccini works La Boheme La Tosca and a new Lady Butterfly production with Strauss Salome. Puccini will not conduct but supervise the staging, aided by a 40000 franc invitation.
With perfect sea weather, the Cape Cod steamer offers a day trip from Bay Line Wharf 400 Atlantic Avenue at 9 am returning for the early trains. Passengers can sail along the harbor to Provincetown, stop to sightsee, dine at a hotel, then return.
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