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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jul 30, 1910
Page
10
The latest trading session shows price advances fading as markets cooled after two days of strength. New York and Boston volume remained modest with notable moves in Steel common and Amalgamated issues, while dividend chatter fueled cautious sentiment about further declines.
A. S. Fuller of Boston & Ontario Silver Mines travels through Cobalt and nearby towns as Daly West and Daly Judge reach an agreement to finish the Ontario drain tunnel to its endline and permit continuation from Daly West ground through Daly Judge property, while market data on bonds and securities is reported from Boston.
Lawrence mass awards a 150000 temporary loan to Old Colony Trust at 5.5 percent discount. Beverly awards 85000 four percent schoolhouse bonds with annual redemptions, EK Rollins & Sons bid for Middletown airline bonds at par. State Treasurer borrows 1 million private rate. Rochester awards 549000 water notes with varied coupons and premiums. Schenectady places 300000 four and a half percent school bonds with Leach. Woonsocket invites bids for 280000 temporary loan. NYSE lists 4 percent railroad bonds and Allegheny Valley railway bonds from major issuers.
Hood Rubber Co and others announce quarterly dividends to stockholders with record dates in late July. Canadian Cement reports 1.54 percent preferred and notes a cautious consumer response. Wheat and corn export totals for the week and four weeks ending July 28 show declines from last year. Canada’s trade softened by a Grand Trunk strike. Northwest regions hold steady amid mid summer calm. weekly business failures total 198, with varied year over year comparisons.
Local market activity wavered as North Butte Amalgamated and Utah Copper opened firm only to drift with the broader market. The copper sector faced uncertainty as producers continue large scale output amid unstable metal prices and lingering market tension.
Assessment No 3 of five cents per share was levied by the board on June 30 1910 payable to Windsor Trust Co or Gideon Snyder in Salt Lake City. Unpaid stock by August 17 1910 becomes delinquent and will be sold at public auction on October 10 1910 to cover the delinquent assessment and sale costs. Gideon Snyder secretary Salt Lake City Utah.
A fragment notes a cash payment per share for a stake of 100000 shares with confidentiality and mentions an attorney and The Post. The readable words indicate a corporate deal or copper company context, but details are incomplete.
Edwin F Atkins of this city has been elected president of Westinghouse Electric and Manufacturing Company succeeding George Westinghouse. The Atlas Portland Cement Company of New York has paid its common stock dividend on 12 500 000 stock and holds a contract to supply cement for the Panama Canal project. Thomas S Dee of Paine Webber & Co leaves for a month in the Lake district. Nevada Douglas pays 50 000 on the Ludwig property bought in 1907 for 500 000 with 150 000 remaining as deferred payments. Nevada Copper Belt railroad progresses toward completion. Miami Copper Company lays off 150 workers as underground work slows. live oak site reports three bhurn grills on the property. No ore yet found. Oneco holes No 1 and 9 reach depths of 1241 and 599 feet respectively with no major discoveries.
Bay State Gas, Ely Central and Majestic led yesterday's curb market activity with price gains after initial declines. Calaveras Copper hit a fresh high at 101-2 as overall curb list fluctuated, with Ely Central and Majestic closing firmer despite earlier drops.
Dun's weekly review argues the business situation is stronger than Wall Street mood suggests. It notes stronger bank reserves, reduced overextension in syndicates, and improving dry goods markets with more buyers. Prices firm for wool, worsted, prints, bleached cottons, and staples, while footwear and hides show mixed but steadier demand.
Bradstreet's July report notes overall quiet trade with conservatism in wholesaling and distribution. Some bright spots appear in finished iron and steel, copper, certain cotton goods, and woolens as raw material prices rise. Demand from manufacturers for automobile material wanes while money tightens. loan contraction concentrates in the East.
Distillers Securities 12 per cent, Goldfield Consolidated 50 cents, U S Rubber 1st preferred, U S Rubber 2a preferred 12 per cent, Lehigh Valley 23 per cent, meeting Missouri Kansas Texas special, Davis Daly books open ex dividend, Amalgamated Copper New York Ohio West com Nipe Bay preferred, Norfolk and Western preferred, Pullman, Sears Roebuck common, U S Motor preferred.
The Bingville Bugle Newton Newkirk rural comedy drama continues at American Music Hall drawing capacity crowds and extending for another week. Lindsay Morison stock company presents the piece while The Man's Game at Majestic Theatre closes with Miss Charlotte Hunt in a suffrage drama. A dramatic version of Carmen is slated for next week with Miss Hunt leading, and Colonial Theatre reopens Monday with Three Million Dollars featuring Juliett May Boley Louis Simon and Mark Smith. Anatole Friedland music and David Kemper lyrics highlight the new show. Keith's bills Frank Lalor in Back to Earth along with Bird Millman and other acts. Henry W. Savage to open with The Merry Widow at Majestic on Aug 8. The Globe offers a full amusements slate today with Kennedy Mack and top acts plus new pictures.
A roundup of Sunday worship services from Baptist, Congregational, Christian Science, Methodist, and other denominations. Listings include Tremont Temple Baptist, Warren Avenue Baptist, Dudley Street Baptist, Ruggles Street Baptist, First Baptist Commonwealth Avenue, Christian Scientist First Church, Park Street and Union Congregational, People's Temple, First Methodist Temple Street, Open Air Y M A Norumbega, New Thought Forum, International Bible Students Association, Christadelphians, Universalist Ballon Hall. Details note times, speakers, sermon topics and featured soloists.
Mansfield brothers emerge as a real hit on the Bowdoin Square Theatre bill while Austin and Stones Museum advertises the last summer show today. Norumbega Park presents the final performance of The Girl and the Man with Ilugh Fay and Elsie Mynne in lead roles this afternoon and evening.
Boston 1915 movement to stage two swimming meets at Dewey beach Charlestown and at North End park and three track meets at Marcella street First street and North Brighton playgrounds this afternoon. Last year Marcella street athletes coached by Fred L. O'Brien won the city title and many of them return to challenge.
The All Stars from the banking district seek a firm amateur team for an out of town game this afternoon. Contact T. F. Mc Devitt at Tel. Main 61 before noon.
A digest of multiple spiritualist gatherings across Boston and suburbs announcing Sunday and evening services. Notables include Nellie Carlton Grover and Drs Frank Johnson and George Clark hosting sessions at Dwight Hall and Tremont Street venues, with circles for messages healing and readings and various mediums listed.
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