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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jul 29, 1907
Page
10
The week ended with efforts by bullish operators to boost confidence in stocks. Talks of Southern Pacific dividends and a strong steel sector, plus easing money rates, influence sentiment. Analysts warn against overextension and note potential money tightening if speculation grows. Copper shares show continued fluctuation as markets lean bullish.
New York July 28 Some rise in speculative interest appeared last week as investors eyed an advance and sentiment improved about the investment outlook, though mixed views persist. The market remained chiefly active in Harriman Pacifics amid unusual action by their operators, with speculation dampened by a disclosed plan to limit future dividends. Bond markets stayed flat while short term railroad notes gained modestly. Money easing suggested temporary relief, likely to reverse as crop financing rises. Copper traded on talk of an Amalgamated Copper Rio Tinto price pact, but buying held back as market steadiness awaited clearer signals.
Fr O'Donnell of St Philip's parish plans an Irish school in every parish to promote spoken Irish. Attendees at the Watertown garden party discussed a fund for parish prize students and a central city school led by practical Irish speakers. The Boston School Committee and Irish community were criticized for not recognizing the language. An appeal will go to the Gaelic League of New England convention in Boston on August 11.
Massachusetts organized labor plans to urge voters this fall to elect Representatives and Senators who will enact laws limiting court injunction powers. Public meetings statewide will showcase injunction decisions and alleged court abuses affecting unions. The A F of L state branch met at Houghs Neck Quincy to prepare arguments for the legislature's recess committee, which will focus on injunction issues next week. D D Driscoll was elected secretary treasurer as agent before the committee recess.
Newsboys' Protective Union elected officers yesterday led by President Thomas J. Mulkern and first vice president Hymen J. Cohen. Second vice president Charles Frasca, recording secretary Maurice H. Zaremsky, financial secretary Abraham Shankman, treasurer Nathan Sodekson, sergeant-at-arms Moses Rubinovitch, auditors Simon Rubinovitch Warren Daly George B. Matthis, and executive board Samuel Sklar D V Mulkern Samuel A. Levine John A. Breslen Benjamin Robrish. The sergeant-at-arms contest was close with three candidates. Standing committees will be appointed at the August meeting. Six new members were admitted as monthly buttons were distributed.
Edward Kelley elected delegate to the international convention of the Wood, Wire and Metal Lathers' Union 72 in Chicago starting Oct. 7. The July membership gain was 62. Various locals including Boston & Maine Freight Handlers 5572 and Freight Clerks 5572 held meetings in Charlestown. O'Connell Assembly 7174 K of L discussed railings on cargo stages and longshoremen safety after a fatal bulk cargo transfer. Ben Franklin Assembly 5665 reported 300 members and $500 treasury with ten new admissions and Amory Grove picnic plans. Park Department Assembly 7576 K of L set a meeting to prepare Old Home Week parade turnout. Brookline town workers organized as a local of the A F of L, with Frank McCarthy instituting the charter. General Teamsters Union 191 voted to parade Labor Day, with Cornelius Shea slated to join. Coal Handlers Assembly 1629 elected officers to meet with coal dealers about the coal heaving line. Water Works Employees' Union arranged for the civic parade. Coal Hoisting Engineers 74 reported a local grievance and formed a committee. Labor Day parade decided.
Preparations are complete for the Old Home Week trade and civic parade in Cambridge scheduled for 2:30 this afternoon. About 6000 participants are expected, including ex-mayors, current and former city council members, Cambridge legislators, military companies, civilians, and local business representatives. The parade forms in East Cambridge, proceeds to Inman Square and Lafayette Square, then to North Cambridge and is reviewed at City Hall by Mayor Wardwell and others.
The Suffolk County Federation of Catholic Societies held its quarterly convention at Knights of St. Rose Hall Worcester Street with about 20 organizations represented. Rev F X Dolan and Henry Wessling reported on the Indianapolis national convention and announced plans for next summer's local national convention. A new associate membership plan was to be presented and Joseph A Ochs was elected to replace Peter Ulrichs as Suffolk board secretary. The national platform, read by Dolan, declares the group non political and aims to shape public opinion on Christian education Sunday observance marriage and home sanctity.
Esther Strumach of 6 Ashland Street alerted residents at 143 Chambers Street to a fire yesterday afternoon. She kicked in a door, smashed glass to reach a fire escape, and led children and others to safety, narrowly escaping with them.
In San Francisco on July 28 the jury in the Louis Glass bribery case against Supervisor Buxton failed to reach a verdict and was discharged this afternoon.
Mrs. Sadie Alexander, mother of 16 year old Ray Alexander, who was severely burned during a July 5 fireworks incident in Winthrop, allowed surgeons at Metcalf Hospital to remove almost 4 square feet of skin and graft it to her daughter s arms, legs, side and back. The operation, deemed remarkable by surgeons, is reported to have saved the girl s life.
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