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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Sep 06, 1905
Page
8
Whiting reports a sharp rebound in the stock market with heavy short covering and suspected bull pool support. London buying and a strong Reading stock lead the gains as Amalgamated and Smelters rise while copper shares show mixed strength.
Boston financier Thomas W. Lawson declares a plan to publish his remedy to crash copper prices and harm the System. He says a public pool will reveal vast profits to attract world attention and will target Amalgamated and American Smelters. He closes the pool to small investors and promises a simultaneous announcement in America and Europe.
Trading on State Street opened with strength as stocks rose before easing after noon. Canadian Pacific gained 5 points, Reading Common 4 1/2, and Smelters 3 1/2, with Allouez and Lake shares adding gains. A broker notes limited floating stock and predicts continued uptrend despite a cautious near-term tone. Simultaneous reports cover Baltic land deals, Boston Consol remains profitable, Utah Copper restraining suit, and Copper Range mine results with August profits and August copper output improving.
The Boston Market records show assessment paid and instalment due. Total sales include listed stocks 25 681 shares bonds 49 500 unlisted stocks 11 102 shares rights 1859.
United States Reduction and Refining Company declares a quarterly dividend of 1 percent on preferred shares payable October 1. The motion notes it as a standard distribution for investors and confirms the payout schedule.
Harry Goldstein seven died after falling fifty feet from a fire escape at his home 121 Salem Street North End He stood on the escape while friends flew kites lost balance struck his head on the brick sidewalk and died shortly after arriving at the hospital.
A 19 member Boston firemen exhibition will show hose, ladders, net and line use in York Pennsylvania at 10 am in the drill yard. The Vigilant Fire Brigade of York hosts the visitors and Chief Cheswell hosts the day with Captain Alfred J. Porter in charge. An inspection of the Boston department is planned as part of the events.
SHIOREO GRAIN QUOTATIONS show wheat prices with September at around 79% and December near 81%. Corn and oats display mixed moves, with calls cited for December wheat and a cautious, firmer tone overall. Ennis and Stoppani note Argentina damage and lighter domestic stocks, predicting stronger moves and higher old September corn prices later in the month.
James H. Brown aged 14 son of James D. Brown banker of New York City was rescued from drowning Labor Day evening at 7 by Senator David D. Leahy of East Springfield Street while bathing at the L street bath house in South Boston. Brown and a friend were swimming when he exhausted and sank. Leahy swam to the scene, dived for him, and the lad was revived after a half hour. He was taken to Young's Hotel where the family is registered.
The Waltham Gas and Electric Light Company breaks ground on a new power house described as one of the largest outside Boston. The 150 by 100 foot, 35 foot high fireproof building aims for completion and full operation by January 1, 1906.
The Metropolitan Park Commission filed equity suits in Superior Court against landowners including Hiram A. Raddin and John H. Kelly to compel removal of wooden buildings near Revere Beach, alleging violations of agreements restricting structures within 125 feet of the boulevard and costing under $3500. An order of notice sets return in October.
News of the marriage of Harry Raymond Low son of Hon. Emery M. Low and Miss Bertha Morton daughter of Mrs. L. F. Pitts, occurred in Denver Colorado yesterday. Low a mining engineer at Cripple Creek will reside with his bride there.
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