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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Mar 12, 1907
Page
10
Wall Street notes a strengthening mood as liquidation eases and prices rise after a higher opening. Traders see improved sentiment more from falling selling pressure than fresh demand, with a lighter market volume and lessening gloom guiding a tentative upward shift. The call money market also showed easier tone.
Stock prices snapped back from early declines as short covering and new buying in both New York and London accounts dominated trading. Amalgamated and Reading led gains while readings in Union Pacific, Pennsylvania and Southern Pacific rallied. labor news from Butte and a London gold shipment supported the tone. The day closed steady with the average up for 25 leaders, while money on call stood around 4 1/2 percent.
The Boston Market reports activity with ex-dividend and ex-rights status. Total listed stock sales reach 650 552 shares, bonds amount to $31 500, unlisted stock 15 312 shares, and rights 206.
A majority of curb issues recovered in price today with light overall volume. Nevada Utah weakened 6% to 5% on a large block for sale but later recovered fractionally, while Rosario held a 20 point gain from last week due to a valuable ore body strike. Demand for Superior Pittsburg Davis Daly and Greene Cananea was solid but not heavy. Raven moved up with prices rising about 2% as buyers remained active.
Bingham Utah has returned to Salt Lake from an inspection trip to the property. He reports a new strike on the 10 foot level with three feet of ore exposed. Assays show values as high as 6 percent copper and 3 percent lead. Soule.
Mrs. Lilla Wiles Wyman coaches a Spanish ballet and a passele for the annual Hasty Pudding show. Harvard 07 alumnus Ralph Flint will dance the solo and has authored part of the mystic with Mr. Valentine. First dress rehearsal set for March 14 at the Cambridge clubhouse.
Brookline residents fear another mad dog scare as dog owners muzzle pets. The Brookline Medical Society plans to issue guidance on rabies prevention. Last Friday 14 year old Philip Russell was bitten by Topsy the sheep tender at Brookline Country Club. veterinarians tested the dog for rabies, with results not yet known.
President Roosevelt will sign an order returning about 30 000 000 acres of lands recently withdrawn as coal lands to the public domain. Secretary Garfield is finalizing details and expects to present the measure for signature tomorrow. The land forms part of a larger withdrawal totaling 64 000 000 acres.
Mrs Lovicia Tenney Cox aged 108 years and 2 months died in Harrington after a pneumonia attack. Born January 12, 1799 in Columbia, she moved to Harrington at 25 and lived there in the same house until death. Known as Aunt Lovicia, she was regarded as New England's oldest woman.
Mrs Lucretia Bradley Hubbell aged 86 died in Norwich Connecticut after a short illness. She was the first woman to ascend in a balloon in the United States, making the 1865 ascent at Easton Pennsylvania. Her long balloon career included a gas bag explosion at about three miles that she survived with a parachute landing.
Hirch Spector a 60 year old immigrant sentenced by Judge Lowell to 60 days in Suffolk House of Correction for perjury before immigration commissioners. He cried as he was led from the courtroom. He claimed his cousin 20 was his wife and her brother his son. the ages raised doubts and he was arrested. The cousin and her brother are legally admitted and will not be deported.
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