Company aims $50 stock price by September 1
A company projects its stock selling at 50 dollars per share by September 1. Management cites planned product launches and market expansion as key drivers of the target price.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jun 23, 1899
Page
6
A company projects its stock selling at 50 dollars per share by September 1. Management cites planned product launches and market expansion as key drivers of the target price.
Shares of the treasury stock of the United States Power Company may be had at $10 a share up to 3 p m Saturday June 24. History repeats itself for investors who missed Bell Telephone. the notice urges action on this Liquid Air stock to avoid a similar regret.
A sleepy market sees London Lazard Freres and Joondon active in Anaconda stock amid thin trading. Reports say heavy gold shipments may go out Saturday while Dominion Coal weakens. Copper and tobacco stocks shift in New York and Boston, with dividends announced and mining news shaping sentiment.
Boston June 22 report lists today’s highest and lowest sales and the closing bid and asked prices for rail reads. Figures include 201 65 54% and 5444 51% with varied market activity.
The Boston and Maine railroad announces the summer schedule effective June 26 with expanded parlor and Pullman service on the Eastern and Western divisions, new sleepers to Greenville and St John, and altered Maine connections. The notice also recounts a public dispute over gas company investments involving Henry M Whitney and Thomas W Lawson, asserting disputed claims and financial details.
The Boston police warn hay and straw dealers to follow a weighing law requiring local weigher inspection of each bale. Shippers are accused of overweight bales sent to Boston. bales must be reweighed in Boston unless the local buyer waives the tag. Twenty two inspectors are appointed by the Mayor and confirmed by the Board of Aldermen, paid 245 cents per ton weighed.
The personally conducted tour travels Gettysburg Blue Mountains Ha gerstown Antietam Shenandoah Caverns of Luray and Virginia hills to Washington. Rate with hotel, cavern admission, carriage drives, etc. is $5. Itinerary by D. N. Bell tourist agent 20 Washington street Boston.
An early 20th century style ad touts a "positive cure" for nervous debility impotence and related issues with an electric belt. It claims no drugs and that the belt works while you sleep and encourages writing or calling for details from Le Roi Electric Appliance Co at 1069 Washington Street.
The Bay State Gas Company of Delaware issues a detailed appeal to stockholders dated June 14, denouncing Dominion Coal Company and New England Gas and Coke Company for alleged manipulation of Boston gas company finances. The statement accuses subsidized Boston papers of bias, cites unpaid interest and large deficiencies, and asserts no prior malfeasance before forcible control changed hands. Led by President J. Edward Addicks, the note promises forthcoming evidence in suits to back its claims.
Dominion Coal officials say property damage at Caledonia mine is small and the company’s Everett plant is producing about 400 tons of coke daily. They downplay recent erroneous reports about the disaster and stress strong securities and continued shipments across New England.
Joseph B. Ager, president of the Maryland State Grange, testified before the Industrial Commission in Washington on June 22. He argued that a farmer trust like Havemeyer’s plan is impracticable due to farmers’ difficulty in holding prices. He labeled colored labor unreliable, citing indolence and indifference, and said the average farmer’s condition is worse than twenty years ago though money exists.
Little Girgle reports new ore shafts at Bakergo acres near Little Circle mines with vast ore bodies and a 700000 dollar potential. The firm expands to 820 acres zinc lands and 103 acres leases while planning November 1909 extension and July start for revenue boosts. Oronogo Mining opens shaft and plant to lift monthly profits by 1200 dollars. Galena Kansas mine adds 5000 dollars monthly from July. Substantial stock offering with 1 percent monthly dividends for holders of record on month end and immediate listing plans on Boston Exchange.
L. W. Youmans testified on agricultural woes and economic policy in the South. He blamed nonresident ownership for abandoned farms and argued silver and tariff barriers hinder progress while praising colored labor as preferable to imported workers. He noted employing 400 to 500 negroes as proof of docile labor.
Paris June 22 Senator Waldeck-Rousseau formed a new French cabinet presenting the list to President Loubet. The lineup includes Delcasse interior Gallifet war De Lanessan marine Monis justice Caillaux finance Millerand commerce Leygues public instruction Decrais colonies Dupuy public works. The move signals Dreyfus case influence on policing politics.
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