Boston Loses Grain Provisions and Cotton Exports Trade
Boston suffers a sharp drop in exports led by grain provisions and cotton as steamship rate cuts and railroad shifts favor eastern rivals. The piece analyzes causes including the January flat rate, Grand Trunk and Canadian Pacific rate cuts, dock charges, and altered ship routes, with tables showing May 1901–May 1902 losses by breadstuffs provisions and cotton and city comparisons. It notes longshore wage impact and broader port rankings, and calls for rate adjustments to regain trade by fall.
MENTIONED IN THIS ARTICLE
Boston
Steamship Line
Chicago
Liverpool
Baltimore
Philadelphia
Grand Trunk
Canadian Pacific
Portland
Galveston
Tex
Chamber of Commerce
Boston & Albany
New York
Marth
Montreal
Grand Trunk Railroad
Steamship Lines
First
Interstate Commerce Commission
Erie
Buffalo
Newport News
Manitoba
Vanderbilts
Boston & Albany Road
New York Central
Vanderhbilts
Pennsylvania
New Haven
Hartford
Tidewater
Frank Harriot
Boston & Maine
Lnk
British Transport Service
Cunard Company
Poston
Edwin G. Heath
Sboston
Boston Exports Fall Over Half in May 1901 Trade Decline
Boston’s export trade dropped more than 50 percent in May 1901 from May 1900, driven largely by grain provisions cattle and cotton. Nationally the decline was about 30 percent with breadstuffs provisions and cotton hardest hit. Boston lost roughly two thirds of its grain provision and cotton traffic in May 1901 versus 1900.
MENTIONED IN THIS ARTICLE
Boston
Martin H. Ryan
Longshoremen’s Union 302
Morgan and
Mallory
New York
Baltimore
Philadelphia
New Orleans
Newport News
Portland
Mobile
Francisco
Trans-Oceanic
Country’s Export Totals for April and Prior Ten Months
The report shows total exports for the country in April and summarizes the preceding ten months ending in April. It provides aggregate figures and indicates trends in export activity for the period.
Copper stock market wobble hits copper shares hard
The Evening edition reports a volatile day in Boston and New York markets. Copper stocks led declines with Amalgamated, Copper Range and Centennial slipping while Calumet & Hecla rose amid mixed copper news. Public sentiment shows bears pressuring copper equities despite encouraging development reports.
MENTIONED IN THIS ARTICLE
Boston
New York
Bears
Amalgamated
Centennial
Briigham
Calumet & Hecla
Mass
Mohawk
United States
Two Remarkable Stock Letters Highlight April and Mop Outlooks
The May 21 Ill. Cen. and June 12 Mop letters tout bullish bets with Ill. Cen. seen rising after possible deals and Mop expected to advance despite earnings risks. Readers are urged to buy and hold for profits. The Ginter Grocery Co notes a 2 percent dividend payable to stockholders of record June 21 with July 1 checks.
MENTIONED IN THIS ARTICLE
American Union Oil & Refining
Spindle Top Heights
Sour Lake
Saratoga
Texas
Ill. Cen
Monon
GC. I. S
Southern Railway
Tl. Cen
St. Paul
Union Pacific
American Telephone & Telegraph Co
William R. Driver
Treasure
Boston
Ginter Grocery Company
Mass
Ginter G Company
Geartenn & Cubs
H. B. Duane
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Ight
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E Gas & Coke
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