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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Mar 03, 1900
Page
10
London markets open weak with American stocks lower. Sugar futures slump to 9 5/8 and close near 8 7/8 after large short selling. Calumet & Hecla announces a $20 per share dividend payable March 30, while other miners and rail stocks show weakness amid bank cash losses and broker activity.
The note reports Howard Crosby & Co listing a fiscal year starting May 1 1899 with 80 per share declared, total dividends 67 860 000, and recent copper stock activity with Amalgamated and others down. It also covers New York 600 per share Third Avenue assessments, Mohawk No 1 shaft down 400 feet with uncertain bonanza, nickel vein discovery, and mixed bets on Erie Telephone and Bay State Gas prices. Norman & Co to dissolve, Elm River mine strike at 60 feet, and Merced ore prospects with Merced stock prospects flagged by Schofield Whicher.
Boston report shows highest and lowest sales with closing bid and asked prices. Ex dividend status noted. Total sales bonds reach 44 672 50 dollars, unlisted bonds 45 000 dollars, stocks 645 shares, unlisted stocks 26 028 shares.
The West storm disrupts statistical news as snow hits the winter wheat belt. Chicago May wheat hits yearly low amid export demand and a gentle drop in prices. Argentine shipments weigh on markets with 2,856,000 bushels for the week, and UK imports rise earlier to 235,000 quarters.
The probate and insolvency committee held a hearing on the animal cruelty act aimed at regulating vivisection. James Jeffrey Roche's petition was presented by Frank Paul. Women in attendance applauded loudly prompting warnings from Chairman Innes. speakers argued for restraint and public oversight of vivisection.
A renowned southern woman known as Princess Olga has a passion for dangerous reptiles including enormous alligators and massive snakes. She plans to display them in a local museum next week and will attempt to subdue a new mammoth alligator during the exhibit.
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