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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
May 23, 1901
Page
6
The American Linseed Company announces a plan to exchange its stock for Union Lead and Oil Company stock totaling 17 million dollars in capital. Preferred shares receive 48 dollars and common shares 18 dollars in union stock, with deposits due by June 5, 1901, at New York Security and Trust Company or Illinois Trust and Savings Bank.
New York May 20 1901 stockholders of the American Linseed Company endorse a proposed arrangement with Union Lead and Oil Company to exchange their stock for Union Lead and Oil shares. They argue the plan will cut expenses and broaden dividends, urging prompt deposit of stock as two thirds must approve. Signers include Guy G. Orr Frank J. H Y William P. Orr Augustus N. Eddy John L. Severance and others.
Special stockholders meeting called at Convery’s Jersey City office to act on board resolutions to increase capital from 75 million to 155 million and to consider acquisition of shares in Boston Montana Consolidated Copper and Silver Mining and related ventures. Secretary William G. Rockefeller notes action and date.
The New York Stock Exchange showed a quiet forenoon with later buying focused on Erie issues and coal stocks. Wabash rose on reports linked to Delaware, Lackawanna & Western, while Amalgamated Copper and Boston Montana bets spurred gains. Isle Royale and other mining plays fell as traders weighed mill outputs and consolidation risks.
Boston reports today’s trading results with the highest and lowest sales figures and the close bid and asked prices. The data reflects the day’s market activity and price levels across relevant securities.
In Rye on May 2 preliminary rounds of hole medal play crowned Hamilton of the Diztate Golf Club of New Jersey as top scorer. He carded 87 in the morning and 87 in the afternoon for 174 under challenging greens. Seeley of the Week-Burn tied for second at 178 with two 98 rounds. Travis, the amateur champion, was close behind after a 10 on the ninth in the afternoon. McCauley of Lakewood showed improved form as the day progressed.
Roche of the sophomore class defeated Blagdon the freshman champion in a close match 6-4 3-6 3-6 6-3. This afternoon the senior junior final will be played and the tournament is expected to finish by week’s end.
In a Women’s Golf Association team match at Brae-Burn Golf Club West Newton Oak Parkes defeated Brae-Burn 14 up.
In Arlington on May 22 at the Arlington Golf Club a women's nine hole medal play handicap was held. Poor course conditions produced high scores with Mies A. Parker defeating the field to win.
Captain John H. Dunn of the Twenty sixth Regiment was honored at the Quincy House in Boston. Prominent citizens and lawmakers praised his gallant service in the Philippines, as family and friends cheered his return. A diamond ring was presented, and speeches by Congressman Conry and others praised Dunn’s record.
The incident at sea involves the royal visit to the Erin and the damaged vessel. King Edward remains calm and surveys the wreck while Sir Thomas Lipton and Mr. Watson plan on board discussions for future measures. The Clyde exhibition races are postponed.
May 22 Southampton report details a sudden squall as Shamrock II and Shamrock I trialed for a start in the Solent. The Shamrock II’s topmast collapsed, mainmast and gear followed, deck submerged, with King Edward, Sir Thomas Lipton, and others aboard, yet no injuries reported thanks to swift rescue efforts.
Yesterday in Rome King Victor Emmanuel narrowly escaped harm when an elevator misset by an inexperienced servant started to rise to the third floor as he returned to his palace rooms. He jumped back just in time to avoid being crushed during the ascent.
Independence May entry shows New York Yacht Club members discussing the Shamrock accident and possible extensions for Sir Thomas Lipton. Officials say the cup committee met to resolve the Lawson controversy and prepare a public statement on the races slated for mid May 15 to 17 in New York.
At a meeting of the cup committee some men claimed Mr Langon faced souring on the matter. A statement authorized by him said he would agree to arrangements now made. The web announcement will be issued officially by the cup committee next. Saturday will see Independence enter trial races and other events.
Boston yachtsmen discuss sending the Independence to English waters to race the Shamrock I or II if repairs delay in America. If Sir Thomas Lipton cannot bring his challenger here, T W Lawson favors a series of races in English waters, with Independence' readiness to sail across for key matchups.
Sir Thomas Lipton cabled the New York Yacht Club to request a few weeks grace due to Shamrock II’s accident. Commodore Ledyard replied that the club would await Lipton’s further advice before deciding on any extension.
In Bristol R I on May 22 the steel mainmast of the Constitution is being reinforced by adding two back stays anchored to steel bombs with eyebolts just above the gaff hoist.
The Independence mast remains unfixed as work on a Gloucester steamship at the dock stalls progress. Captain Haff expresses slight frustration as another day passes without securing the mast.
The Coopers Union No. 8 executive committee in Boston reports strong backing for an eight hour workday across breweries. Members expect cooperation from breweries, with American Stave and Cooperage Co in East Boston as the remaining holdout.
Captain Edward H. Smith city engineer since 1896 died at his Lynn home from a complication of diseases after an illness. Born in Lynn on July 4 1859 he was a member of the High School class of 1876 and joined the city engineer's office in 1877. Funeral services will be held at the First Baptist Church in Lynn on Friday.
Mourners filled German Catholic Holy Trinity Church yesterday morning for the funeral requiem of Mrs Elizabeth Krim. A Jesuit son served as sub deacon while Rev Father Julz gave a warm address praising her virtues and merits. The choir performed Wie sie so sanft ruhn.
Miss Annie Rubin daughter of Mr and Mrs M Rubin married Henry D Freeman at Concord Hall in a ceremony conducted by Rabbi Jacob Friederman. Maid of honor was Dora Rubin. best man was Freeman’s brother. Bridesmaids Ida Goldberg and Emma Mathews. Flower girls Bessie and Sadie Rubin. They will reside in Somersworth NH after a wedding trip.
Havana May 22 no vote was taken at this afternoon's session of the Cuban constitutional convention on the Piatt amendment.
Miss Martha Is Perkins, longtime Newton Upper Falls teacher, was dropped from next year’s list and placed on the unassigned or substitute list after an early-morning school session. Head Master Charles G. Wetherbee remains at Wade Grammar School, and Newton High’s vacant principalship goes to Charlton D. Miller.
The Linemen's Union claims Boston Elevated Railroad officials refused a personal interview with Thomas Wheeler international president. Strikers at a regular meeting condemned management for alleged unfairness to organized labor. Separate refusals to light venues and meetings under union conditions were noted at Brighton and with Carpenters' Union No 1.
Severe floods from recent rains cause millions in damage in East Tennessee with eight deaths reported. In Virginia news confirms statewide flooding and farm losses at Fermville. North Carolina reports blocked rail lines and no arrivals or departures at Asheville.
Boston citizens packed the Ringling Bros tent for both matinee and evening shows. Society ladies and children joined the enthusiastic audience, amused by clowns and their antics. The prize giraffe drew major curiosity, while a guard kept peanut feeders at bay.
About 400 guests attended the New England and Massachusetts Woman Suffrage associations annual festival and banquet at Fanueil Hall. Miss Sara Cone Bryant presided with notable suffragists at the head table including Henry B. Blackwell. Also present were supportive legislators and national reform figures like William M. Salter and William Dudley Foulke.
The Equitable Water Rate Association held a session at 42 Court Street with ex-Representative B. Brown of Dorchester presiding. Walter L. Sears Dr. E. W. Skinner and Ernest Parker spoke as members noted Alderman Tinkham and Councilman Tee vans showed favorable attitude toward proposed measures. The group sees a plan to tax real estate undeveloped property and heavily taxed apartment owners.
The John Carter Brown Library trustees announce their willfully directed transfer of the library and its $660 000 endowment to Brown University under the late John Nicholas Brown’s will.
The Society of Mayflower Descendants hosted an informal reception and banquet at the Vendome to honor the 180th anniversary of the first Plymouth marriage between Edward Winslow and Susannah Fuller White. Professor A H Munroe of Brown University presided.
The You Men's Congregational Club held its fifth annual ladies night at the Brunswick Hotel. About 100 guests attended the dinner presided by president John 8. Barrows. Music and readings followed with addresses by Alexander McKenzie D. D. and Vose Woodbury.
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