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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jun 16, 1909
Page
10
Prices fall in sugar with trading led by American Sugar common declines in New York and Boston. Reading and Amalgamated are most active in their markets while Wheeling & Lake Erieist preferred rises. Call money and time money swing with mixed gains and losses across New York and Boston.
The trading day closed weak as rumours of government action against American Sugar and a $10 million settlement for the Pennsylvania Sugar case weighed on prices. Amalgamated, Sugar, Reading and others fell while Steel and Northern Pacific slid. volume on the local board was light and buyers steadied only at lower levels. Nipissing and La Rose declared dividends while New England banks moved to resize capital.
The Central Building Trust at 70 State Street calls stockholders to meet Monday June 21 at 50 Congress Street to decide whether to authorize subscribing and paying funds to keep the Boston Stock Exchange near State Street and set the amount and conditions.
Boston June 15 market notes few strong features with Southwestern Development and China showing small shifts around 30 cents to 8. Davis Daly slips from 6 to 5 5-8 while Helvetia holds near 6. Willet and Eclipse Oil trade about 27 and 18 cents. A detailed curb list lists stocks such as Ahmeek and Amal Nevada with narrow moves.
A dense listing of bonds and yields from major ratings categories. Includes US Treasury and corporate issues from Pacific 4s to Atchison gen 4s and Western Maryland 4s, with various coupons and prices cited. Mentions specific issuers such as Japan, Union Pacific, Reading, and Westinghouse, among others.
The Railroad Commission approves 50 year 4 percent bonds for Boston and Northern Street Railway and for Old Colony Street Railway for additions and improvements. Brockton issues a 100000 temporary loan to Edgerly and Crocker. Pittsfeld funds a 50000 loan to Blake Bros. State Treasurer negotiates a nine month loan at about 4 percent in anticipation of 1 million insane hospital bonds next spring. Major banks join to include International Banking Corporation in Chinese railway loan syndicate.
Books Close Cut. and East Ill. common and pfd. Kansas City, Ft. Scott & Mem. pfd. Atchison common and pfd. Books Open National Lead common. Bordens Condensed Milk pfd. Old Dominion of New Jersey. Old Dominion of Maine, Laclede Gas Light common and pfd. Meetings Mexico Consolidated Copper. Quicksilver Mining Co.
A roundup of declared dividends across firms including American Telephone and Telegraph, International Paper, Boston Wharf, Standard Coupler, Baldwin Company, New York New Haven & Hartford Railroad, Nipissing Mines, Ta Kose Consolidated Mines, La Rose Consolidated Mines, Teft Weller, Huntington Chambers Trust, International Nickel, Buffalo Mines, Jersey Central Railroad and Corn Products Refining. Details cover payout rates, payment dates, and stock record dates with notes on books closings.
Mrs. George W. Douglass wife of Rev. George W. Douglass millionaire clergyman of Tuxedo New York was arrested in Lenox this afternoon on overspeeding charges. She registered at the Aspinwall Hotel and later at the Curtis Hotel and claimed the speedometer read 13 miles an hour while officials say the car traveled about 40 miles an hour. She posted cash bail to appear in court tomorrow morning for the charge.
A kerosene-filled bottle was thrown through a window of Mayor William R. Niven's home in Bellefontaine Ohio early today. The mayor was away at the time and firefighters quickly put out the fire.
The Wright aeroplane to be used in the Fort Myer engagements this month was shipped today, packed in eight boxes.
At its quarterly session in New York the American Federation of Labor backed creating an international federation of labor while preserving each nation’s union autonomy. The move aims to protect wage workers’ rights and interests with President Samuel Gompers chairing. Henry W. Perham named arbitrator between the International Association of Car Workers and the Brotherhood of Railway Car Men to pursue amalgamation.
A 1909 class day address delivered by the student president is recalled as part of the Simmons-1915 program highlighting phrases like Shapelier Lightlier Statelier and the enduring role of women in the school.
Miss Louise Andrews of Brookline presides as class day speakers at Sim mons College Back Bay campus. The event featured the airing of a future for the class, a humorous class will, and exchanges of ivy, lanterns, and the class spade.
Northampton June 15 The largest class ever graduated from Smith College 3827 girls received diplomas today from President Seelve. The exercises were in Assembly Hall with an oration by Rev Dr George A Gordon of the Old South Congregational Church Boston.
Lucipo Bergrone, 72, inmate at the Home of the Little Sisters of the Poor in Somerville, fell from a fifth story window yesterday afternoon and died instantly. He was known as a man of mystery, well educated and a keen reader, and reportedly fell while leaning out of the window.
Three Boston boys were prize winners at Highland Military Academy activities in Worcester. Dorchester’s Thomas Frances Curley won second prize in A Company, Hyde Park’s Brooks Light took first prize in BR Company, and Cambridge’s Russell Buffum earned second prize in BR Company.
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