Market Breaks Deep Amid Amalgamated Selloff and Copper Drop
Tuesday trading saw the worst day since last September as heavy selling hit Amalgamated stock, reportedly tied to Standard Oil sources, with a broad market decline. Copper fears and bank liquidity worries persisted, while Sugar and several rail and mining issues also fell. calls for a near-term rally on copper losses persisted amid chatter of war-time dividend pauses and insider selling.
MENTIONED IN THIS ARTICLE
Standard Oil
Amalgamated
Boston
New York
Bears
St. Paul
Poff
Chicago& Northwestern
Delaware & Lackawanna
Louisville & Nashville
Missouri Pacific
Wall Street
Dividend Declared by Treasurer William R Driver
A dividend of 1.50 per share will be paid on Saturday November 15 1902 to stockholders of record at close of business on Friday October 31 1902. Transfer books closed from Saturday November 1 to Friday November 14 1902 both days inclusive. William R Driver Treasurer.
MENTIONED IN THIS ARTICLE
W.l.douglas
W. L. Douglas
New York
Boston
Douglas
Lyte
W. L. Douglas Shoe Co
William’ R. Driver
Boston Market Figures Reported On Trading Day
Boston markets reported today the highest and lowest sale prices along with the closing bid and asked values. The figures reflect trading activity across leading securities and indicate market sentiment for the session. Companies and prices cited come from the latest summarized quotations.
MENTIONED IN THIS ARTICLE
Boston
T&s F
Nl Steel
FS & M
KCG, M & B Inc
United Fruit
Western T & T
OOO
Chelsea Man Slashed in Street Fight
Chelsea police arrested Benjamin F. Hall of Malden, 61, janitor at St. Pauls Episcopal Church, on assault with intent to kill charges after he allegedly slashed James F. Burnham four times in a Chelsea street fight Monday night. Burnham, cut four times, required three stitches. condition listed as favorable.
MENTIONED IN THIS ARTICLE
Chelsea
Benjamin F. Hall
Malden
James F. Burnham
Burnham
Hall
St. Paul's Episcopal Church
Malen
Archbishops to Discuss Catholic Matters Today
Archbishop Williams leaves Boston for Washington to attend the annual meeting of the United States archbishops at Catholic University. Topics include electing a new president of the university and whether the American church should stay under Rome or seek an independent leadership under the Pope, plus the Vatican ruling against the Christian Brothers as teachers of classics.
MENTIONED IN THIS ARTICLE
Archbishop Williams
Boston
Washington
United States
Catholic University
Nestor
Cardinal Gibbons
New England
Rome
Congregation For the Propagation of the Faith
Vatican
Christian Brothers
Along the Water Front cargo ships depart for Liverpool from East Boston
Leyland liner Devonian sails from Grand Junction docks at 6 30 am bound for Liverpool, followed an hour later by the Merion from Hoosac Tunnel docks. Both carry extensive cargoes of wheat corn provisions cotton cattle apples lumber flour hay and more. Other vessels, arrivals, dock conditions and upcoming Ivernia call are noted as harbor activity shifts.
MENTIONED IN THIS ARTICLE
East Boston
Charlestown
Liverpool
Leyland
Devonian
McConkey
Grand Junction Docks
Dominion
Meriyn
Thompson
Hoosac Tunnel
Queenstown
Merion
T Wharf
Dawson City
Ruth M. Martin
Philomena Manter
Sadie Nunan
Charles W. Parker
Nickerson
Haddock
Ella Frances
Rockland
Maine
New York
City Island
E.S. Booth
George Bray
Leyland Line
Quebec
London
St. Lawrence
Vancouver
Naples
Winthrop
Chelsea
Jacksonville
Jackaway
Boston
Nordhavet
Newcastle
Eng
Castelmoor
St. Oswald
Bird Island Flats
Llanthony Abbey
Maylands
New England
Ursula Bright
Grand Junction
Planet
Mars
Oakmore
Blue Cross
Florida
Pectan
Winifredian
Victorian
Cunard
Ivernia
Thomas Stephens
John Pritchard
Lucania
Stephens
Servia
Etruria
Catalonia
Seccombe
United States
Navy Yard Dry Dock
Cephalonia
Thene
Vimeira
Nicaragua
Chile
George H. Lubee
Morris Lubee
Oxner & Story
Essex
Mel McLain
Gloucester
Emily Cooney
E. A. Rich & Co
THE
Landsman
Bankers Warn of Perils as US Financial Strain Grows
The 28th annual American Bankers Association meeting opened in Tulane Hall New Orleans with over 1000 attendees. Comptroller Ridgely warned of overextended traffic and facilities, noting double growth in clearing house transactions and rising bank assets while cautioning about inflationary pressure and the need to curtail volume or increase capacity to avert disaster. Secretary Branch reported 6354 members and $67,800 annual income with a net 973 membership gain.
MENTIONED IN THIS ARTICLE
New Orleans
American Bankers’ Association
Tulane Hall
Herrick
Wall Street
Broad
Connecticut
United States
Ridgely
Treasury Department
J. R. Branch
F. 8
Grace Church choir to stage My Own Adolphus at Hunnewell Club
Grace Church Grace Church New ton presents an original musical comedy My Own Adolphus at the Hunnewell Club on Friday night November 14. A. O. Clark wrote the book and lyrics H R Pratt composed the music with Grace Church organist. The cast includes Penniman-Penning Charles Sladen Hardy Allcaps Draper Cylinda Keyes Alice Sampson Jonah Thornside Harry Hickox Adolphus Mills W O Harrington Laurice Pendenais Cora Davis Whittier Longmellow A O Clark Erasmus Jackson Farnsworth Colins.
MENTIONED IN THIS ARTICLE
Grace Church
Newton
Hunnewell Club
Adolphus
A. O. Clark
H. R. Pratt
Penn Penniman-Penning
Charles N. Sladen
Hardy Allcaps
Charles H. Draper
Cylinda Keyes
Alice Sampson
Jonah Thornside
Harry Hickox
Adolphus Mills
W. O. Harrington
Laurice Pendenais
Cora
Davis
G. Whittier Longmellow
Erasmus Jackson
Farnsworth Colins
Ellen Hodge and G W W Brewster wed in Boston ceremony
In Washington on November 11, Ellen M Hodge married Dr G W W Brewster of Boston at the Church of the Covenant with Rev Dr Hamlin officiating. A wedding breakfast followed at the bride's mother's home with close relatives from Philadelphia Baltimore Boston and the groom's mother and brother from Boston.
MENTIONED IN THIS ARTICLE
Washington
Ellen M. Hodge
G. W. W. Brewster
Boston
Church of the Covenant
Hamlin
John, Wanamaker
Philadelphia
Baltimore
Soston
Shipping News Mini Almanac for November 12
The column lists sun and moon times, tides, and day length, followed by arrivals of steamers and schooners with cargoes such as coal nitrate of soda mahogany and cedar. It notes sailed and cleared vessels including Devonian and Admiral Farragut with ports of call like Liverpool Port Antonio Norfolk and Savannah.
MENTIONED IN THIS ARTICLE
Keenum
Davies
Barry
Wales
Nordhaver
Dan
Olsen
Shields
Eng
State of Maine
Thompson
St. John
N. B
Eastport
Portland
H. M. Whitney
Baker
New York
Howard
Nickerson
Baltimore
Norfolk
Dingley
Dennison
City of
Levose
Comeau
Belleveau Cove
N. S
Vv. T. H
Delap
Bridgewater
Agnes Muay
Kerrigan
Eugenie, Wallace
Millbridge
Astral
Fenton
Philadelphia
Valley Forge
Tilton
Gilberton
Lorberry
Plymouth
Mass
Schuylkill
Bangor
Devonian
Liverpool
Merion
dCo
Whittemore Elected President of Boston Fire Underwriters
B B Whittemore was elected president at the Boston Board of Fire Underwriters annual meeting on Kilby street marking the board’s 20th anniversary. The report covered 8838 inspections with 7216 good 1500 fair 122 bad. 3128 buildings improved. 28 fires with $1550.12 losses. 400 buildings with alarms. 15 sprinkler fires costing $2833.17. $12,545.26 loss at 537 Albany Street. finances shown with $2545.28 on hand.
MENTIONED IN THIS ARTICLE
B. B. Whittemore
Boston Board of Fire Underwriters
Kilby Street
Albany Street
Howes
Carpenter
Maritime Towage and Coastal Vessels Sailed From Philadelphia
A listing of vessels and tug operations bound for Bangor Plymouth and coal ports. Reported movements include barkentine Stephen G. Hart towing barges New York Knickerbocker from Philadelphia to various ports near Bangor and Plymouth. Tug Hokenudauqua sails from Nantasket Roads towing barges Buffet Beverly and Bizarre toward Perth Amboy.
MENTIONED IN THIS ARTICLE
Azores
Genoa
Naples
Boston
Yarmouth
N. C
Alderney
Louisburg
C. B
Juniata
Baltimore
Norfolk
James Woolley
Lorberry
Philadelphia
Plymouth
Mass
Charles F. Tuttle
Rachel W. Stevens
Old Point
Marcuerite
R. W. Hopkins
Wilmington
Nantasket Roads
Perth Amboy
Buffet
Beverly
Bizarre
Plan to get American cotton to Manchester
An important gathering convened by the Cotton Spinners Federation in Manchester was attended by all the bankers of Manchester. The meeting discussed securing American cotton supplies and coordinating efforts, signaling a concerted push to ensure steady imports amid supply concerns.
MENTIONED IN THIS ARTICLE
Manchester
Cotton Spinners Federation
Prominent Officials Named in Local Finance Panel
Borne Howes serves as secretary and treasurer with James Bruerton EB Brush G O Rus Sell Thomas L Obrion Samuel B Reed and H J Ide listed among the local finance committee members amid ongoing governance actions.
Plan to improve cotton trade links between America and Lancashire
Local cotton interests met to discuss a proposal from an American syndicate to overhaul handling and transport of raw cotton from American fields to Lancashire looms. Colonel Calhoun introduced the delegates, Daniel Leroy Dresser outlined the plan, which received hearty endorsement. Promoters aim to build large warehouses and terminals at Manchester and launch a direct steamship line using the Manchester Ship Canal in cooperation with a U S system.
MENTIONED IN THIS ARTICLE
America
Colonel Calhoun
Daniel Leroy Dresser
Manchester
Manchester Ship Canal
United States
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W L. Douglas
W. L
Brockton, Mass
W. L. Douglas Shoe Co Capital
Une Nuui
rvuuTiNg
Goodyear West
Iolyasv Space
Brockton
Samh
W. L. Douglas Shoes
Igecities
Uin
Gotham
Calumet
Centennial
Mohawk
Dominion Coal
United States Oil
American Agricultural Chemical
Lissina
Homspah Mining
Samuel Newhouse
Tonopah
New
Keene
Europe
Bay State
Bald Butte
Eclipse Oil
Heath
Phenix Mining
Pullman Coeeeee
Quincy Bridge
Rhode Island
Santa Fe Mining
Cnenads Mining
Swift & Co Setae
Tamarack Mining
Trinity Mining
Union Pacificc
United Copper
United Fruit Eee
United Ve Ma
US Yoal & Ol
LG US Steel
Utah
Victoria Min
Western Tel & Tel
Winona Mining
Wyandot Mining
Pressed Steel
Republic Steel O
Ogar
Tern
Coal & Iron Nnted States
Ewer
United States Steel Eeee Western Union
NEW England Telephone and Telegraph. Company
Boston Stock
NEW York Stock Exchange
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Allouez Mining
Am Ag Chemical
ROY Ke
Tel & Tel
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LD & S
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Brooklyn Rap
Cal & Hecla
Hl Centennial
Cumber Tel & el
Dom Coal
Pt Pom Tran & Steel
Fast
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Edison
Gaty & Elec
Guanajuato
Isle Royale
Atchison
Baltimore & Ohio
Canadian Pacific
Chesapeake & Ohio
Chicago & Alton
Chi & Northwestern
St Touls
Colorado Southern
Delaware & Hudson
del, Lack & West Eee
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Manhattan L
Kan & Tex
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Continental
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Lptacautiobad Power
Ener
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Ener Ee
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Shipping News
Chickering
Benjamin B. Whittemore