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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Oct 24, 1910
Page
14
The market in the past week showed heightened activity with rails and industrials advancing to new record highs signaling a stronger recovery from the recent low. Investors rebalanced portfolios as demand rose across sectors.
Analysis notes July weakness and October price recovery. Steel rose to 792 4, near record highs as general trade remained downward with smaller bank clearings and falling commodity prices. Despite long dull periods, technicals suggested an upswing, aided by strong volume and bank-led support keeping a panic from forming.
Harry West formerly of Charlestown left the Marine Hospital Chelsea penniless and with his left hand badly maimed after a whale bite. He recalls the Hatteras whaling incident off the Virginia coast on July 14, where John Murphy was killed and Henry Nelson lost his right arm, while West escaped with a severed hand after the whale surfaced under their boat.
Two small fires in Somerville startled residents in the Italian quarter on Horace street and near Broadway. Firemen arrived as a lamp upset by a family member and a carpenters’ lumber stack caught fire. Total damage estimated at about 825 dollars.
The column notes prices seem attractive for investors with July lows and predict profits when normal conditions return. It warns some railroad issues may never hit those freak prices again while expecting a profitable upswing after declines. It also observes strong Saturday closes and near record volume, suggesting healthier reaction to the recent rally.
A brief listing notes actions affecting stocks and dividends. Minneapolis General Electric announces dividends and subscription options. The piece references fruit stock changes and a calendar note for today.
At P. C. Fish's chicken farm in Kansas City a side line experiments with ostrich eggs. Forty three glossy eggs, as big as cocoa nuts, rest in incubators as six week hatch time looms. Fish notes the chillest incubator corner stays at 103 degrees and eggs must be turned regularly.
Emilia Ippolito of East Boston returns from Naples Royal Conservatory to showcase her soprano in Jordan Hall Wednesday night. She is supported by 30 pieces from the Boston Opera House orchestra under D G Cericola, with George Sykes and Aliseo Masuccci also on the program. Her early graduation from Naples marks her as a notable young talent.
The Bijou Theatre revives In a Japanese Tea House a complete one act operetta with seven trained singers. The program runs Oct 24 29 with showtimes 11 am 1 30 pm 4 pm and 9 pm admission 10 cents morning, 20 cents afternoon and evening. Also features Egypt and the Nile lecture Miss Leroy Indian Love Lyrics readings and Mme Bona the girl with the golden voice.
In Berne on October 23 Switzerland rejected a constitutional amendment establishing proportional representation for the National Council elections. The official tally stood 262000 against and 238000 for the measure, defeating the proposal.
Pomona or chard trees near Dayton Washington yield 120 boxes of first class bellflower apples from two trees, netting $120. With 60 trees per acre at the same rate the farm could earn about $8700 per acre. Additional harvest results are anticipated as the season continues.
Washington reports a proposed reorganization of the San Francisco immigration station with the retirement of Commissioner Hart North. The plan comes from Immigration Commissioner Kefauver and is under review by Secretary Nagel amid charges from regional residents that Chinese, Indians, and others have entered the United States improperly.
Tokyo October 23. The only new feature in the forthcoming budget is an appropriation of 40 million dollars for naval expansion to be paid over six years. The finance minister says the increase is required to maintain peace.
An independent Colored Men’s organization formed at the Tourist Hotel Tremont Street with Dr John B Hall elected president Cyrus C Pritchett vice president Walter H Matthews secretary and Spencer R Riley as executive chair. The club aims to extension political recognition and citizen rights for Ward 18 voters. A luncheon followed adjournment and key locals spoke.
In Brooklyn an Americanized Chinese man known as Klees opened fire in his chop suey restaurant after a dispute over the bill. Albert Bogert, 19, was wounded in the chest and remains in precarious condition while his companion John Smith was lightly hurt. The shooter was arrested.
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