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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Mar 31, 1905
Page
10
Wall Street shows a drifting session with low volume and muted turnover amid talk of a proposed stock transfer tax. Traders await April settlements as Japanese bond strength and potential tax law shifts influence sector sentiment and outside exchange activity.
The Boston Market notes aFx-dividend and assessment paid with first installment. Ex-rights listed stocks 27 484 shares bonds 65000 unlisted stocks 8748 shares rights 4927.
Public endorsement from Frank P. Harris of 24 Rutland Square praises Doan's Kidney Pills for curing seven years of backache and dizziness. Harris claims the medicine stopped attacks and restored health. For sale by Foster-Milburn Co. Buffalo NY. price 50 cents. remember the name Doan's.
Superintendent of the Boston and Worcester Street Railway resigns to lead a southeastern Massachusetts rail system. John W. Gates hints at limited activity but expects stock gains by year end. Arthur K. Hunt joins KE. Rollins & Sons with Boston base. Prices listed for several stocks including Arizona Commercial and United Zinc. Greene Copper directors delay dividend due to quorum issues. EDWIN G. HEATH.
List of dividend payments due with pay dates April 1 for several Boston banks including National Exchange Eliot Boylston and Commonwealth Trust Company and four railroads Delaware Lackawanna & Western with quarterly 2 42 percent and 14 percent payments.
Austin reports bills prepared for introduction in both chambers proposing a $15,000 appropriation for the attorney general to investigate trusts. The focus includes the beef and oil combinations and aims to curb perceived monopolistic activity.
The Greene Gold-Silver Company announces the sale of 100000 treasury shares at par ten dollars each to raise funds for expansion. Subscriptions due April 15, 1905, noon, at 24 Broad Street New York. payment plan 5 dollars cash and 5 dollars due July 15 1905.
Excellent weather depressed wheat values with July options dropping at the close. Corn oats and provisions were nearly unchanged as sentiment in the wheat pit remained bearish through most of the session.
Chicago July wheat options saw 87% calls as Ennis and Stoppani report a nervous session with no early direction. They note rough weather failed to materialize, liquidation pushed oats and corn down before a late rally and a belief that the bottom was in, with purchases urged for a turn.
The market opened narrow and uncertain with Toon declines and 80 000 shares sold for London. Delaware Lackawanna & Western stock rose on a 10 percent dividend basis boosting coal shares and aiding late buying. call money eased to 2 1/4 percent but overall sentiment remained cautious with no bull confidence. Quotations supplied by W B Smith & Co.
The President held a hearing for George Borgfeldt & Co. of New York over alleged undervaluation of chinaware imports. He declined to intervene, upholding the Treasury in all points. Secretary Shaw agreed to a new three member board for another Borgfeldt case and pledged to share evidence findings where possible.
Plainfield New Jersey March 30 A M Griffen a town merchant uses Bertillon system on checks. He signs as usual and adds a red ink thumbprint over the corner figures to imprint unique lines. This thumprint method aims to deter forgery and protect both him and his bankers.
The Rev Denis T O Sullivan S J of Boston College spoke at St Marys School Hall North End on Catholic organization. He cited Jesus organizing his apostles and described the Catholic church as a supreme modern organization. He praised the St Vincent de Paul Society founder and the M C O F as forces for good and urged coordinated effort. A program of songs and addresses followed.
At the last meeting Division 48 of A O H announced monthly gatherings will be on the second Sunday each month in John Mitchell Hall at 1165 Tremont Street. The group formerly met in Conant Hall, but growth required larger quarters.
The Civil Engineering Society of Boston held its eighth annual banquet at the Copley Square Hotel with 105 attendees. President H M Nabstedt presided and C Saville acted as toast master. Notable speakers included H S Pritchett MIT Dean N S Shaler Harvard and G B Francis New York.
In the Horse Show building Natutler of Bogton defeats Frank Caldwell of Hartford in a three heat motor paced event. First heat 39.35 seconds second heat 7:29. The winner is said to race Bobby Walthour. In another three heat race Monroe of Memphis defeats Galvin of New York.
The Boston Granite Cutters and Employers reach a working agreement effective Saturday. Outdoor work earns 42 cents per hour, indoor 40 cents, with eight hours for six days and a Saturday half-holiday. Overtime at one and one half, Sunday and holiday work at double time. Apprentices two per gang, three years. No lockouts or strikes during grievance settlement.
Louis D. Brandeis spoke to Boston Machinists Lodge 264 praising labor aims with conservatism and good judgment. He warned that strikes arise from poor organization and urged each worker to belong to a union. The lodge admitted 40 applicants.
A mass meeting for sheet metal workers' helpers is set for Sunday afternoon at Wells Memorial building. Union 17's executive board will organize the helpers, with 60 already signing the charter list. Morse Bros. employees are being thoroughly unionized by Thomas L. Pratt of Boston Plumbers' Union 12. Secretary O. F. Metcalf resigned to open a master plumbing shop in Braintree, Massachusetts, and Crosby was elected recording secretary. A committee will confer with the Boston Rapid Transit Commission to advance union labor on the Washington street tunnel. Stonemasons' Union 7 votes a monthly fine for nonattendees.
Radcliffe and Harvard colleges joined to stage Gilbert and Sullivan's Mikado in Jordan Hall for Radcliffe benefit. Over 500 attendees applauded. encores multiplied and floral gifts flowed. Performers included Mabel Daniels Elizabeth Densmore Emma Noyes and Harvard graduates Batchelder Hills Guild Brown Bryant. Encore showings set for this evening and Saturday afternoon.
Secretary Taft and the congressional party bound for Manila will now sail July 8 instead of July 1 from San Francisco. The delay allows Secretary Root and Senator Warren to attend their sons’ Harvard graduation on June 2 and Taft to receive a honorary doctor of laws degree at Harvard.
The Lafayette equestrian statue by Paul Bartlett will not be finished for the July 4 fete planned by the Lafayette Memorial Commission. The event is postponed to 1906, with the statue to be cast in Washington later this year.
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