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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Mar 22, 1905
Page
10
Wall Street opened with restrained speculation as prices drifted and demand waned. Profit taking spread, with strength limited to select industrials and railroad equipment stocks amid dividend rumors and earnings news.
New York consolidated market on March 21 showed irregularity with nervous speculation. London higher prices failed to spark gains in New York early, then buying in industrials lifted prices before late selling in Union Pacific St Paul New York Central Steel stocks and traction shares. The closing zone weakened to day’s lows with quotes from W B Smith & Co.
Bond listings show varied prices for U S government issues and corporate issues with many issues steady or down slightly from prior session. Notable entries include U S 4s at 105.14, Atch g’s at 104.97, and Erie p 1 45 at 101.44, with mixed gains and losses across utilities, railroads, and industrials.
Baltic Mining declares dividends of $1 per share on March 22. Guggenheim Exploration pays 13-4 percent quarterly on April 1. Tennessee Coal and Iron Company offers 1 percent quarterly for common stock on May 1. Hecker-Jones-Jewel Milling pays 4 percent preferred on March 31. American Smelting and Refining Company posts quarterly 13-4 percent preferred and 11-4 percent common on April 1 and April 15.
The steamer Spartan ran ashore on the east side of Block Island and was abandoned by Captain Briggs and the crew who stayed aboard to allow wrecking boats to attempt rescue. A brisk hurricane like storm with 60 mph winds and heavy snow drove waves over the vessel, and it is feared the ship will soon break up.
TheBostonMarket records show ex-dividend and ex-rights statuses. Total sales report lists listed stocks 28122 shares bonds 143000 unlisted stocks 19721 rights 3564.
Chicago March 21 higher prices at Liverpool and crop damage reports from the Southwest bolstered the wheat market. May wheat rose to up 1 2, July up 1 4, with May corn and oats down. Provisions fell, bullish sentiment persisted, and primary receipts reached 307,900 bushels.
Colonist tickets from Boston to San Francisco Los Angeles Portland Tacoma Seattle and Pacific coast points priced 49.90 to 54.00 with lower rates from New England. Pullman tourist sleeping cars offered daily and personally conducted at half the standard berth price via direct line or Colorado route. Contact 8S. A. Hutchison manager tourist department Union Pacific Northwestern 300 Washington St Boston.
During the week ending March 19 the New Haven road operated 11 551 passenger trains and 10 495 reached their destination on time, a 91 percent on time record. On the New York division trains are controlled only to Woodlawn, while 865 trains serve Grand Central on the Harlem line and 504 were delayed, 68 percent.
A fierce northeast storm raged at Nantucket with winds up to 60 mph and unusually high tides submerging wharves. The steamship Nantucket made a Woods Hole passage but could not return, stranding many passengers until at least Thursday. Commander Bartlett of the U S S Verbena is also storm bound.
A northeast wind of 39 mph off Cape Cod kept vessels in port as the storm deterred steam and sail. Arrivals included Verona, Herman Winter, Kennebec, C. B. Porter, and City of Gloucester, while ships Ras Bera and Aries sailed for New York and Philadelphia respectively. Many scheduled departures were postponed or anchored until weather moderates.
A Huntington Chamber recital last evening benefited the New England Home for Aged and Blind Deaf Mutes. Performers included Miss Laura Van Kuran soprano, George Y. Kells bass, Miss Edith S. Holden violin, Miss Florence Larrabee piano, and Charles Williams reader, with decor and program notes by A. J. Westby.
The Allan liner Sarmatian from Glasgow to Boston battled 18 days of gales and monstrous seas. Two officers were lost overboard during March 13 hatch work while 167 passengers disembarked at Halifax. The ship suffered deck damage and hospital glass breakage before continuing to Boston.
The United Fruit Company steamer Verona under Captain Oxholm, arriving at Long wharf at 5 yesterday afternoon after a four days and 21 hours voyage from Sosua, San Domingo. The captain reported sighting wreckage, a 20 by 20 foot square obstruction, off 33.55 north and 70 west, described as a dangerous navigation hazard.
Archbishop Williams left Carney Hospital yesterday afternoon and returned to Union Park Street. The operation on his right eye by Dr. Hasket Derby last week was highly successful, allowing him to leave the hospital. He will wear glasses when needed and Dr. Derby will continue care until the full effect fades. His overall health is excellent.
New York reports a man entered by a back door and tried to steal from contractor James E. March, a Republican leader. He aimed for 151000 in railroad bonds, 10000 cash, and 10000 in jewelry. March caught the intruder after a short chase and turned him over to police.
Vorenberg's Winter street store announces a six day sale of fine cut glass with deep, beautifully cut pieces and perfect white color. Prices, claims, and value factors rival those used for diamonds. No refunds or exchanges.
Chicago March 21 Fifteen secret service men guard witnesses who will testify before the special grand jury starting tomorrow investigating the beef trust. Federal officials seek secrecy to prevent contact with reporters or packers agents. U S district attorney C B Morrison warns that speaking to a witness could be contempt of court. Twenty men have qualified as grand jurors with more to report tomorrow.
Washington March 21 In efforts to remedy the smoke nuisance from the battleship Maine it may be decided to cut down her smokestacks If boiler repairs do not eliminate the smoke she will be sent back to a navy yard for further smokestack changes
County President John H. Dillon calls the regular quarterly Suffolk County board meeting of Ancient Order of Hibernians district presidents for Sunday at 2 30 in Jefferson Hall Dover Street corner Albany Street. Merchandise for the quarter will be distributed.
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