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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
May 08, 1899
Page
6
A seasoned investor argues the copper sector will sustain high profits as world demand remains robust. He recalls past forecasts for Butte, Boston & Montana, Calumet & Hecla, and copper prices, warning about industry-wide “modern finance” risks and urging caution against overhyped plays while asserting copper stocks offer solid returns for long-term investors.
A trader explains how copper fortunes shift from belief copper stocks are risky to viewing them as stable 8 to 12 percent earners. He outlines Amalgamated Copper Company with 75 million capital, assets worth over 120 million, and projected annual earnings of 4 million plus potential silver-driven gains. He argues the stock will rise beyond 110, urging investors to hold and buy cautiously, noting over 130 000 shares left and pending final payments.
The writer urges buying Anaconda and Parrot at current prices, predicts rising values and larger dividends, and expects minority shares to be bought by Amalgamated at fair prices. He also recommends Butte and Montana stock, noting exchange ratios and future stock value, and recalls past guarantees to holders for profits.
In Boston on May 8 1899 the speaker urges purchasing Arcadian and Isle Royale. Both are forecast to enter large producer ranks and likely consolidate on terms raising values well above current selling price. Market raids on copper are criticized as temporary disturbances in a foundational industry.
Mrs. Louise Ordway, 42, vanished from her Boston home at midnight after tending illness while husband, W H Ordway of 10 Howard Street, was out for supper. A bag of oranges was left at the outer door and only her jacket and bonnet missing. police alerted and stations to be notified.
Cardinal Gibbons denounces the divorce and remarriage of a New York society woman as a crime against Christ during a Cathedral sermon on church unity in Baltimore May 7. The remark targets Mrs Sloane Sloane conduct.
Forty nine seamen from the Olympia and fifty five from the Baltimore plus other ships will be discharged and paid off at the navy yard tomorrow after long service or renewed enlistment terms. Transport Thomas brings fifty five cabin passengers including Fifth United States Volunteers under Colonel H H Sargent and heads to Camp Meade after quarantine.
Coloradans receive a pledge from Governor Thomas that within days he will press recall actions if President McKinley and the War Secretary ignore his appeals. He argues under the constitution volunteers may lay down arms and return home, even if risking court martial.
At a meeting of deputy superintendents and police captains led by Superintendent Hidridge, officials planned a banquet for retiring chairman General Martin. Captain Irish later said Martin preferred a present instead of the banquet and authorized a committee to report possible gift ideas this week.
The annual memorial service of Theo dore Winthrop Post 35 CG A R of Chelsea was held at Grand Army Hall with about 500 attendees. Present were Congressman Ernest W. Roberts Mayor Seth J. Littlefield Commander Alonzo W. Fuller and Post Commander Henry T. Holmes, along with city officials and invited guests amid black-draped flags and floral decorations.
Angus McPhee ten years old of 388 West Second street was struck by a bicycle ridden by Joseph Boardman sixteen years old of 8 West Third street while playing near his home. McPhee's right leg broke near the ankle yesterday afternoon about five o clock.
Division 43 A O H held a largely attended meeting in St James Hall with President John B Higgins in the chair. A special meeting was set for May 14 at 8 PM to discuss important divisional business and a Glasgow affair involving Archbishop Lyre and Dr. Maguire drew strong disapproval. A report from Station 14 says two young men, 13 dollars stolen, across Lake Street crossing in Brighton. The youths, described as 14 year old Frenchmen, jostled the victim with one in front and one behind.
Sales reported by Wilson W Fay & Co include items such as Boot and Shoe Sole, Boston Whiter Power, Geyser Mining and United Fuel Gas Generator with prices noted. The list shows varied commodities and companies like Mexican Telephone and Geyser Mining with small to mid range figures.
In Suffolk Superior Court Civil Docket, First Jury Session lists numerous cases across various defendants including Boston entities and rail lines. The record enumerates plaintiffs and defendants such as Dana, Wilson, Boggan, Mackenzie, Holloran, Kelly, O Brien, Flanagan, Gibbs, Thost, Connelly, Park, Costello, Shield, Venning, Pattison, Dubinsky, Quigley, Gillis, Kelliher, Reid, Boston Gas Co, and many others with associated case numbers and parties. The Second and Third Jury Sessions, presided by Sherman and Braley respectively, continue the docket with additional civil actions, divorces, and contested lists.
Superior Court Middlesex notes an injury claim by Ambrose Lupien against the town over an alleged unsafe Main Street condition. Defense is a general denial. Trial proceedings include counsel Tirrell for the plaintiff and Cooney for the defendant. Additional case references listed.
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