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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Mar 28, 1906
Page
10
The stock market eased after yesterday’s gains as traders held back and prices drifted. With coal talks at Indianapolis failing to spark outside interest, most first transactions were steady or lower and the list followed Reading’s weakness. Amalgamated Copper led a late rally on news of a dividend cut at Anaconda.
New York stocks showed early optimism then turned cautious as coal operator and miner conference signals created uncertainty. Amalgamated, Union Pacific and Anaconda led gains, while Reading dropped. Final close saw mixed moves with Reading and several names down, Amalgamated and Smelters up. Local copper shares rallied on renewed New York buying before afternoon weakness.
More than 75 members and invited guests of the College of Physicians and Surgeons alumni attended the eighth annual reception and dinner last evening at the Quincy House. Dr Proctor K Browne of Milton served as toastmaster. Officers elected include President Dr Proctor K Browne Vice President John W Cook and Secretary-Treasurer Dr Catherine A Fenelon.
A Boston resident describes severe kidney illness after pneumonia and how Doan’s Kidney Pills from FosterMilburn Co. relieved backache and urinary trouble. She reports relief after taking the pills and advises renewed doses when symptoms return. Sold by all dealers for 50 cents. FosterMilburn Co. sole U.S. agents. Remember the name-Doan’s.
The Boston market report for March 27 lists total sales across listed stocks, rights, unlisted shares and bonds. Listed stocks reached 32,654 shares with 595 rights and 20,717 unlisted shares. bonds totaled $19,500 in sales.
Henry J. Cunningham, a popular Cambridge bachelor, is linked to many groups including the Knights of Columbus and the Hospital Aid Society of the Holy Ghost Hospital for Incurables. He helped found the Cambridge Lodge, B P O E, and led the Democratic city committee for two years. In 1903 he left real estate to become chief of police under Mayor McNamee, serving about a year before returning to business.
President Frederick P. Fish reports 2 five eight seven fifteen Bell telephone stations in operation at end of 1905, a 25 percent rise from 1904. Total wire mileage exceeds 6 043 528 miles with over 1 ¼ million added in 1905. Daily average connections reach 13 911 000, about 4 479 500 000 yearly. Officers total 87 212. Bell subscribers and wire mileage surpass Great Britain and continental Europe combined. Capitalization for the Bell system and AT&T stands at 334 524 583 dollars.
The Mohawk Mining Company reelects directors Joseph E. Gay John R. Stanton William A. Paine J W Hardley and Fred Smith at its annual New York meeting. The 1905 report shows receipts 1 460 587 dollars expenses 916 726 dollars and a total surplus 796 114 dollars with dividends 200 000 dollars and a final balance of 596 114 dollars. The report details 10 812 feet opened 32 410 fathoms stopped 609 291 tons rock hoisted 72 986 tons discarded 12 577 785 pounds milled yielding 9 387 614 pounds refined copper at 16 01 and 14 24 pounds per ton stamped and 15 53 cents copper sales.
The Boston curb market showed a generally lower price range as trading activity slowed. Buyers and sellers faced reduced volume, signaling softer demand amid cautious sentiment on exchange floor activity.
Mate John L. Nehlman of the Robert Graham Dun fell through a hatchway off Pollock Rip while near Vineyard Haven and was taken to the Marine Hospital after arriving from Arroyo, P. R. via Boston.
A new submarine bell for the German government arrived aboard the Kaiser Wilhelm II from New York. S. M. Davidson will install the bell on the Kiel lightship, to be rung by pneumatic pressure, an evolution from the earlier steam version. Germany bought its first bell a year ago and has tested it at Kiel.
A list of banks and companies announcing upcoming dividends with pay dates in April. Boylston National Bank 2 percent semiannual dividend payable April 2. New England National Bank 3 percent payable April 2. Webster & Atlas National Bank 3 percent payable April 2. E W Bliss Company quarterly 2 percent on preferred and 2 1/4 percent on common payable April 2. Illinois Brick 1 1/2 percent quarterly payable April 14. Chicago Pneumatic Tool 1 1/2 percent quarterly payable April 26. Anaconda quarterly 1 1/2 dollars per share, up 25 cents from January. First Ward National Bank 4 percent semiannual payable April date omitted. The People’s National Bank semi- annual. National Union Bank 3 percent semiannual payable April 2. Atlantic National Bank 3 percent semiannual payable April 2.
Nellie Moffit a 15 year old blind girl who ran away from the Perkins Institution for the Blind faced Juvenile Court charges as a stubborn child. Her mother described her as headstrong and disobedient while Nellie pledged not to run away again.
August Auerbach was awarded $10,000 damages after suing the American League for injuries from a batted ball that struck him on the head while watching a game. The ball was a long fly hit by Wyatt Lee of the Senators during last summer’s play in Chicago.
John W. Gates arrived in Birmingham to buy coal and iron mines and a pool formed for a 40000 dollar poker stake. He declined to stay for entertainment and left after saying he would match coins for 40000 a throw if limits did not apply.
The Auxiliary Educational League sues Ada Nutting for $45 value books claimed to be subscribed by her. Nutting says books were misrepresented and delivered in her absence. she returned them and canceled the contract. Judge Luce held E B Hill Company lacked standing to sue for the League. A second suit was filed by the league.
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