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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jun 21, 1899
Page
6
The market opens with mixed New York activity as a Federal Steel dividend injunction sparks early trading. Dominion Coal faces a sharp drop on disaster news while Amalgamated Copper and Lamson Consolidated show merger and dividend developments. Elm River and Baltic mill plans signal ongoing mining and industrial activity.
The Boston Little Circle Zinc Co organized May 4 1899 earned over 20 percent annual net after adding the Sacred Nugget mine. It owns 160 acres in fee simple with four acres of proven zinc lands at Oronogo Missouri and operates two producing mines with royalties from five others. Monthly net income exceeds 13 704 dollars, yielding over 80 000 dollars yearly for development. A limited stock offering is now available.
The notice outlines a stock priced at 9.00 per share until July 1st when it advances to par and further increases are possible. It plans listing on the Boston Stock Exchange with 1 percent monthly dividends to holders of record on the 25th, and delivery of certificates upon payment. Applications must include checks to fiscal agents, with forms mailed or available at their office.
Fragmentary OCR text shows numbers and percentages with unclear context. No identifiable people, organizations, or places are readable to form a coherent item.
In a June 29 1896 Castle Island incident the City of Boston was ruled not liable after Judge Aiken in Superior Court found the city not responsible for the accident on the gangway to Castle Island. Plaintiffs McDowell Washburn and Cole seek 20000 each. suit against Public Park Boat Service Company continues.
The United States, via special counsel John C. Cowin, files in the United States Circuit Court to recover part of a 3,588,085 debt with interest from the Kansas Pacific Railway Company. It credits the company with 6,303,000 received by the United States on Feb 16, 1898 from a judicial sale to satisfy subsidy mortgage bonds.
James Dowd and Thomas Logue of Lawrence were found guilty by a East Cambridge Superior Criminal Court jury of felonious assault and robbery in a February 11 Lowell incident. The victim was John B R Cover, a Lowell merchant with a store on Shattuck Street.
The United States training ship Chesapeake was launched at Bath Iron Works. Miss Elise Bradford christened the vessel with champagne. Built for naval academy training, the 175 by 87 foot steel ship carries 180 cadets and sails for rigging and sea duty at Charlestown Navy Yard.
The Bay State Gas Company of Delaware led by President J Edward Addicks accuses Dominion Coal and New England Gas & Coke of manipulating Boston gas investors with subsidized papers, misleading ads, and questionable contracts. It asserts prior service and timely payments were halted after forcible control, harming consumers and investor confidence.
Dominion Coal officials say property damage at the Caledonia mine is minor and lives lost were fewer than initial reports. They report Everett plant producing about 400 tons of coke daily with orders solidly in hand, and deny harm to the company’s business prospects or securities despite recent disaster stories.
Directors cite proof of over fifty thousand dollars paid to newspapers by involved parties and contend articles are their creation not media or editorial output. They recount statements by Henry M. Whitney and Thomas W. Lawson on Boston gas finances and warn of a looming receiver for the Boston gas companies and dividend cuts amid a broader battle over the New England Gas and Coke Company.
Winthrop High School held its graduation in Assembly Hall despite a heavy thunderstorm. Notable events included Mendelssohn choir pieces and speeches by Eunice Burgess Belcher and Hon. John W. Bates. Diploma presentations were made by RB. W. Clisby.
Chief Inspector Watts received a telegram from Inspector Michael Morris Sey dated Seattle stating the Washington Supreme Court has decided in favor of requisition for John F. E. Foye and William E. Baker, two fugitives under indictment in this county on criminal charges.
Mary Kershaw, already serving 18 months at South Boston House of Correction for shoplifting, received an additional six months credit on one of eight Lowell counts. She pleaded guilty in Middlesex Criminal Court at East Cambridge, with the extra term to be served after her current sentence ends.
The funeral for Mrs Frankie D Leve was held Saturday afternoon at her Wilmington home on Shawsheen avenue. Interment followed at Wildwood Cemetery. She was wife of Charles Leve director of the Grand Opera House orchestra and had been the pianist there for years. Prior to that she played for the Denman Thompson company and was well known in musical circles.
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