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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jun 28, 1905
Page
10
Profit taking dominated the session as stock gains stalled after earlier speculation revival. Dealers shifted bets to new leaders while foreign demand and gold movements influenced the market, with Dow components facing mixed results and a cautious outlook for a sustained advance.
The New York consolidated market rose early on favorable foreign news but turned lower in the afternoon as traders booked profits on last week’s gains. Diversified equities showed varied moves with some sharp declines in select issues and overall trading active, total about 102,060 shares.
The United States Mining Company declares a dividend of seventy five cents per share payable July 15 1905 to stockholders of record at close of business July 1 1905. Transfer books close 12 m July 1 and reopen 10 a m July 10 1905. KF W Batchelder Treasurer.
Copper Range led a puzzling market day with uneven buying and selling. Osceola and Tamarack dividends were discussed while new mill and mine developments and stock moves across Antrim and allied concerns shaped cautious speculation.
Chicago June 27. Wet weather in the Northwest boosts wheat outlook with July up 1o 1% and a 2% gain in corn receipts. Oats rise 4% while provisions hold steady as selling pressures fade and late-session buying supports the market.
Ennis and Stoppani report a weak early trade turning strong as corn rises and buyers enter. Wheat closes near session top with expectations of further gains due to unsettled weather and buying by longs amid urgent short-cover demand.
The market note lists total sales including listed stocks 30 257 shares bonds 34000 unlisted stocks 9231 shares rights 411 and indicates a paid assessment. The fragment outlines a dividend related assessment and security categories observed in the report.
Wallace Moore eight of near the railroad spotted an opened switch on the Tyrone division line between Sand Ridge and Osceola. He stood on the track and waved his hat as the northbound passenger train approached, successfully stopping the 128 aboard to avert a possible wreck and loss of life.
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