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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Nov 12, 1898
Page
10
R G Dun and Company reports trade in October reached record heights, with exports and domestic figures surging. The note highlights sound money in Congress, strong export demand, high production and shipyard orders, and continued price pressures in cotton and wool markets amid a large weekly stock picture.
Bradstreet reports that despite election influence and bad weather, general trade remains solid with bank clearings and railroad earnings up. Pig iron inquiries rise, October production gains noted, steel demand cautious with some price cuts. Export demand remains the mainstay across industries as the cereal and cotton markets hold steady.
Markets show uneven activity with dry goods and clothing affected by poor weather and the election holiday while industrial activity remains widespread. Steel rail demand in Chicago is high but prices are not quoted, with potential 50,000 tons ready if settled. Wheat and corn exports steady week over week, and overall rail earnings for 99 systems rise 9 percent year over year. Bank clearings in Canada rise 8 percent from last week.
Justice Lawrence orders sheriff to arrest Andrew Carnegie after he failed to appear before Special Commissioner Henry Winthrop Gray to testify on his qualifications as a juror. The warrant, issued Nov 11, will be executed promptly by Sheriff Dunn.
Knights Templars of Boston Commandery and their ladies filled Keith's orchestra seats to watch a Pittsburg filmed parade. The crowd applauded the marching members shown on the screen and included George Griffiths Edwin Boyden John Waldren Herbert Boyden John McGaw Charles Parmlee F Bussell Bowker Almy Frederick Briggs Milk Hubley Bottle Savary Rice Davis Morris Pope Dr. Paul Bechtel and Lt. Gleason among others.
The Treasury Bureau of Statistics reports a $113 million drop in imports and a $128 million rise in exports for the nine months ending September 30, 1898. Sales rose across Europe Asia and other regions despite tariff tensions and regulatory concerns. France Germany and the United Kingdom saw notable gains in exports, while fruit, bacon, and lard exports to several markets increased.
The class of 1900 at Boston University Law School held its first meeting to elect officers. John J. O Connor nominated Tim Francis Coakley for president and criticized last year’s ward machines. Coakley won on the first ballot. other officers named were Farnsworth, Hewitt, and Bossidy. Franklin Coakley noted as a Dartmouth honor student.
General Fitzhugh Lee arrived in Savannah and assumed command of the Seventh Army Corps. He was accompanied by Virginia Governor J Hoge Tyler and staff, with several ladies in the party including the governor’s wife and daughter and General Lee’s daughters. The party was greeted by the Fourth Virginia Regiment and later reviewed at the hotel.
Chauncey I Filey once powerful St Louis Republican boss is expelled from the Merchants League Club for campaigning against the ticket he bolted. He founded the club and led a break from party leaders over spoils. Several bolters were also expelled.
A Boston druggist advertises a South American Nervine Tonic as a permanent cure for stomach weakness and indigestion. The copy claims rapid relief from the first dose and universal applicability, noting safety and pleasant use. Sold by Geo. C. Goodwin Co., druggists, Hanover Street, Boston, Mass.
The article lists the company capital stock and surplus funds and names executives including William Claflin Robert Morse James Phillips Jr John Graham Lyman Nichols William Crapo Patrick Collins Thomas Temple Alonzo Burbank John Hogg and officers eel W Murray Crane Albert Houghton Aaron Weld J H Woodbury Oliver Mink Edward Burdett as Superintendent of Vaults.
A Washington dispatch contrasts Navy and War Departments, praising centralized paymaster leadership for rapid provisioning. It notes bases at Key West Mare Island and Norfolk ready for 8000 to 9000 men, plus swift replenishment for the Asiatic fleet after Manila Bay. The piece argues Navy efficiency under centralized responsibility outpaces War Department fragmentation.
The People's Temple on Columbus avenue and Berkeley street hosts 10:20 a.m. and 7:30 p.m. sermons by Pastor James Boyd Brady on The Near Approach of the Prince of Peace and The Forces That Form the Highest Style of Man. Miss Charlotte Hanlon and Miss Maitie Edwards sing, with lectures and travel reflections via stereopticon. Tremont Temple pastor Rev. George C. Lorimer preaches at 10:30 a.m. on The World's Indebtedness to the Jew. Sunday school at 12:15, temperance ves3.
An 19th century advert extols Dr Bull's Cough Syrup as a wonderful remedy for incipient consumption. The passage markets the product to readers seeking early treatment and relief from cough and related symptoms.
City Solicitor Babson signals possible ongoing fights over Franklin fund administration after Supreme Court ruling finding Boston the trustee. Judges Hearings in Higginson v Turner discussed trustee charges as orig inal trustees seek allowance. decision deferred.
Friday market activity shows one of the biggest days in years with New York trading totaling 766,127 shares and Boston 109,474 shares. Bay State Gas jumps to 27 16 while Arnold mines and Standard Oil signals dominate close. a New Haven bulletin notes 2 per share dividends and mixed rail and mining results across Montana and Michigan.
Official report from the Boston Stock Exchange lists the day’s highest and lowest prices, along with closing figures and bid and asked prices.
Judge Stevens ruled for John Healey treasurer of Local Assembly 7576 Knights of Labor finding the contested funds belonged to the assembly. Patrick McKenzie president of the Park Employees Union alleged conspiracy to wreck the local. court held those who voted the $2 did not have a claim after surrendering membership.
Six of the men tied to the Great Northern coast train hold up near Fergus Falls were captured in Moorhead by Chief Murphy. They carried revolvers, burglars tools, dark lanterns and dynamite. About $200 was found with the group. The Great Northern Express Co offered a 3500 reward for arrests and conviction.
In Kirksville Missouri thieves entered the Kirksville Savings Bank and stole about $14,000 in government bonds owned by president Samuel Reed. They took roughly $18,000 in gold and greenbacks, left $2,000 to $3,000 in silver, and overlooked $2,400 in the vault.
The missing schooner Holland of the Curtis tow was brought in today by the tug Thompson. The mate, James W. Green of Buffalo, N. Y., was washed overboard and drowned while the Holland rode out the gale. The Reid remained at anchor about six miles from Fort Gratiot Light.
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