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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Nov 11, 1908
Page
10
Boston New York Philadelphia and Chicago stock exchanges show Lee Higginson and Co active in transactions across major markets with members noted.
Total sales New York 1 656 400 shares Boston 100 986 shares Most active issue in New York Reading 277 400 shares Most active issue in Boston Steel common 10 123 shares Greatest gain in New York list Delaware Lackawanna and Western 93 4 to 574 3 4 Greatest loss in New York list Brooklyn Union Gas 2 to 137 Greatest gain in Boston list Edison Electric 21 2 to 250 Greatest loss in Boston list Mohawk 1 to 71 Call money In New York 2 per cent Boston 2 to 21 2 per cent Time money In New York 3 to 4 per cent Boston 3 to 412 per cent
State Street Nov 10 reports a strong market led by Union Pacific and Southern Pacific as traders rally on Harriman holding company rumors. Stocks like Reading Northern Pacific and steel issues push to new highs. closing tone remains firm with broad buying and profit taking.
Reports from the copper industry detail Calumet & Hecla and Michigan Copper Company gains underground at Calico lode. Exploratory work at Arcadian paused until after a director meeting. New York stocks and possible listings include Rotary Ring on the Boston Exchange and Colonial Mines on the Boston Curb.
The Boston Market from November 10 records the course of stock and bond prices along with total daily sales. The table presents market movements, price changes, and volume, reflecting the day’s activity across major securities.
The Boston curb market on Doane Street November 10 sees heavy totals with prices holding firm. Arizona Smelters dominate activity rising to 31 cents then retreating to 26 cents while First National, Davis Daly, Bay State Gas, and Rotary Ring show around 83 4, 4, 11 8, and 17 2 respectively as the list closes steady.
Dividend announcements list Light & Power Co issuing a 2 percent term, with books closing November 20 and reopening December 1. Quaker Oats Co declares quarterly 14 percent preferred and 11 4 percent common with respective record dates. Other firms including Snowstorm Mining and North Pennsylvania R R Co announce monthly and quarterly disbursements with specified record dates and closings.
Senator Elmer Stevens of Somerville declares he will remain in the race for Massachusetts Senate president, risking a split in the opposition to Senator James F. Shaw. Lodge and Crane fear a Stevens persistence could boost Shaw’s chances and upset their strategy.
Washington hears the first Ways and Means hearing on the Dingley tariff revision. Schedule A covers chemical oil and paints with over 1 percent duties, and most interests favor maintaining current rates. The House committee reviews proposed adjustments with limited backing beyond a few exceptions.
Yesterday Spalding of Cambridge sent a withdrawal letter to Senator Treadway promising to back his Berkshire presidential bid. Crane and Lodge favor Treadway while Worcester’s Elmer Potter vows to stay in the race against the Republican machine. Shaw continues to press on.
Tremont Temple hosts a concert of English Scotch and Irish songs tonight featuring George W. Shepard the closing solo with Auld Lang Syne. The program includes the Flint Quartet of Boston and other renowned musicians. Ballads of Burns Weaver Titts and Barrie plus more will headline this highly anticipated musical program.
Newburyport reports the death of Dr. Herman Cooper of Amesbury a renowned physician and surgeon in eastern Massachusetts and New Hampshire He was a Dartmouth College graduate and founder of the Amesbury Hospital Association The notice lists his age as 419 and highlights his prominent career in the region.
Grain quotes from the Chicago Board of Trade show mixed activity across Wheat Corn and Oats with bid and ask ranges. December and May futures display varied highs and lows while July contracts fluctuate on a range of fractional cents per bushel.
The committee saw few requests for rate increases while many urged keeping the present schedule. Albert Plaut urged lower tariffs, calling the Wilson bill antiquated, and N. B. Arnold said varnish makers are satisfied with current terms. Dr. Springer requested 3.2 cents per pound for prussiate of soda and a 30 percent ad valorem on tetrachloride of tin, noting the latter would be prohibitive to boost profits. Sessions resume tomorrow.
The United States Court of Appeals denied the Attorney General's rehearing petition in the Standard Oil case. The ruling reverses Wanamaker's remand for retrial and leaves intact the large rebating fine challenged by the government. Attorney General Bonaparte plans to seek Supreme Court review.
Mrs. Teru Yano Utsunomiya, a Japanese wife set to renounce paganism and join the First Presbyterian Church, was found dead in the cellar with a deep knife wound to the throat. Husband Yano Utsunomiya has been arrested, though police say no direct evidence ties him to the crime.
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