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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Mar 23, 1899
Page
6
Historical mine notes a $1,000,000 share issue aimed at expanding operations. The Vulture mine claims 135,000 tons of ore valued at $5.4 million plus rich veins offering $83 per ton net, with tailings returning $2.35 per ton. Proceeds fund a new 50 year production plan including a 100 stamp mill and Hassayampa water line.
Boston merchants report thirty three bunches of rare red skinned bananas arrived on the Norwegian steamer Simon Dumois from Santo Domingo. Only a fraction of the 5500 bunches in port were red, with buyers snapping up the limited stock at or above one dollar per bunch. Expected shipments from the new plantation will be scarce for at least a year due to Cuban plantation neglect and unrest.
The Boston Paper Trade Association held its 13th annual meeting at the Exchange Club with about fifty attendees. Guests included Charles W. Rantoul Jr of New York and Colin K. Urquhart of New York, editor of Paper, plus Charles D. McKey of Boston. President William T. Barker presided. new officers named include Barker as president and James B. Forsyth as secretary.
A man believed to be John M. Dacey, 27, about 6 feet tall and 200 pounds, with blue eyes and dark clothes and a brown overcoat, was found dead in his room at the Hotel Harrison, 79 Harrison Avenue, yesterday afternoon with the gas still on. He had lodged there about a week. Medical Examiner Draper will view the body today.
Sidney W Winslow serves as president of United Shoe Machinery Co. Nathaniel J Rust leads Jeotencater Mills as president. Edward P Hur is a director at United Shoe Machinery Co. Charles D Lanning is treasurer of San Diego L and T Co.
Sugar remains the pivotal mover in a volatile session with New York edging higher late while Boston tones weaker. Reports cite heavy buying in Boston Elevated amid strong speculative interest as copper stocks wobble, several firms issuing dividends and ore prospects brightening in the Bingham district.
The Boston market report lists the day’s high and low sales with closing bids and asks for bonds. It includes Tehison 4 percent 6 ton and Mo 4s, and notes others like Ny C, B Q, and plain debentures with various prices.
An early 20th century ad touts Dr Bull’s Cough Syrup as economical and effective for colds, claiming each drop provides relief and hints at health benefits without detailed dosage or side effects.
A New England inventor has perfected a warp drawing machine claimed to be simple and efficient. The American Warp-Drawing Machine Company holds all patent rights, and mills are invited to view the device in operation at 18 Postoffice Square, Boston.
The article notes a coming Oyster Trust to be formed in Wall Street New Haven and New Jersey with start capital $5.6 million rising to $10 million. It aims to control oyster beds seed-beds and related gear in Long Island Sound Narragansett Bay and near Long Island. Bay oystermen would join the National Oyster Company with $1 million capital under Virginia leadership. Screw manufacturers also prep to union with $10 million capital.
A U S grand jury returns multiple indictments including Barrows and Clark for embezzlement and letter theft, Hatch and Ransom plead not guilty, several defendants plead guilty to stamps and forged or obscene mail matters, and a 16 year old from Hudson faces charges over rare stamps. In Lexington on March 22 the Arlington Boat Club defeated Newtowne at bowling with a three game total of 23 61.
Massachusetts lawmakers consider a consolidation bill for the citys gas firms led by the eight major Boston companies with Charlestown and East Renton excluded. Commissioner Schaff opposes the plan citing capitalization policy concerns and potential outcomes that could affect rates and service.
A meeting of manufacturers of men s boys and youths shoes who sell directly to retailers formed a national organization to curb abuses in the trade. The discount plan for deliveries after June 1 1899 provides 1 percent cash within 20 days net 60 days with no further discount. Prices subject to advance without notice and the group aims to avoid becoming a trust or corporation.
Six more concerns joined the agreement yesterday bringing the total to fourteen. The new members include Thomas Emerson & Son Wakefield E F Wright Rockland Helmers Bettman Shoe Company Cincinnati J B Lewis Company Boston Arnold Shoe Company North Abington H B Rand Company Manchester and others. A meeting at the Shoe and Leather Exchange is set for April 5 at 2 pm with signers from M A Packard Howard Foster Stacy Adams Brockton George S Keith Brockton L A Crossett North Abington Arnold Shoe J B Lewis Smith Stingleton Hathaway Lowe Harrington Boston J K Nelson Son Shoe Company North Grafton Heywood Booth Shoe Worcester Strong Garfiled Weymouth EB Stetson Co South Weymouth H B Reed Manchester Milford FE Wright Co Rockland and additional firms.
An official list shows upper leather tanners agreeing to turn over their business to the American Hide and Leather Company. The New Jersey incorporated firm would have $60 million capital and include firms such as Alley Bros. & Co., William Becker Leather Co., Bernard & Friedman, Lambeau Leather Co., Hall Haight & Co., and Robson Leather Co. The group covers about 60 percent of U S tanning activity, with 25 million in annual business cited. about twenty one firms have yet to sign, half of them likely to join after plant appraisals.
A march by Volunteers led by General Ballington Booth clashed with Salvation Army members in Chicago. A magic lantern deathbed image of Booth's mother sparked bitterness and Volunteers claim an insult to Booth and officers.
Miss Mildred Louise Hazeltine wed William Otis Bolton at 7:30 p.m. in Chelsea. The Rev. R Perry Bush officiated at the Hazeltine residence with 159 guests. After a reception the couple will reside at 2% John Street Chelsea.
A broad card lists refunds on Greene's Warranted Syrup of Tar for failed cures with a 50 cent bottle and a 25 cent bottle proving satisfactory. Signatories include Emery Souther and many drug firms and traders across Boston addresses, citing a long roster of wholesalers and retailers and “Two Hundred Others.”
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