New York Gains But Boston Loses
Wall Street shows uneven moves with steel shares weak and Realty declines. Atchison and St Paul rail results frame broader activity as copper and mining stocks slip in a dull broad market.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Sep 12, 1903
Page
10
Wall Street shows uneven moves with steel shares weak and Realty declines. Atchison and St Paul rail results frame broader activity as copper and mining stocks slip in a dull broad market.
The Atchison Topeka Santa Fe Railway reports 63.6 million total income for the year, up 3.39 million, but net income falls to 13.9 million after fixed charges. Dividends 9.79 million and 3 million in improvements reduce surplus. year ends with 826 thousand dollars in profit after allocations. Treasury cash totals 10.96 million with 3.06 million in securities.
Today and tomorrow offer final opportunities this season for the trip to Plymouth on the steamer Governor Andrew. The vessel leaves Rowe's wharf at 10 a.m. and returns from Boston around 6 p.m. Under favorable weather, sailing to Plymouth is particularly delightful this season.
Rear Admiral Silas Casey retires after half a century of service. Captain Charles J. Barclay of New Bedford succeeds as a general flag officer. Casey, Rhode Island born, served in the Niagara Wissahickon and Fort Fisher actions and led the Corean expedition battalion at Fort McKee.
R G Dun and Company reports increased weekly business across many sectors despite a holiday. Stores benefited from favorable weather and rising retail trade, while railway earnings rose 91 percent from last year. Imports and exports show mixed changes, and jobbing demand remains strong in leather and certain goods, with caution in cotton goods.
The W. I. Douglas Shoe Company opens a new Boston retail outlet at 631 Washington street in the Hotel Cecil property. The remodelled store features quartered oak trim, hardwood floors, handsome ma hogany exterior, and displays a Brockton factory photograph with W L Douglas image. The chain now operates 65 retail stores nationwide.
The last Bay line trips from Boston to Provincetown are set. The Cape Cod steamer offers a four hour sail each way, covering 104 miles round trip. Depart from Bay line wharf 400 Atlantic Avenue daily at 9 a.m. Sundays 9:30. See advertisement for final sailing date.
The text notes American aims in Central and South American affairs and praises Captain Barclay who succeeds the previous leader. It mentions his fine Civil War record, command of the monitor Amphitrite during the Spanish American War, and that he personally raised the first American flag over Porto Rico.
In Concord, 11-year-old Thomas Curley son of State reformatory officer was charged with setting fire to L F Fowler’s barn at Concord Junction. The blaze damaged about $20000, spreading to Association Hall destroying both structures. Judge Keyes held him for Middlesex grand jury with $1000 bail posted by his father.
The Globe Theatre at Washington and Beach streets prepares for a formal Monday opening featuring James K. Hackett and his company in Louis Evan Shipman’s John Ermine of the Yellowstone, based on Frederic Regington’s frontier novel. Attendance will be large with Boston society and many from New York expected.
Weather permitting, Bass Point and Nahant Grand Harbor offer sailing events with fishing dinners and steamers from Union. Schedules show boats at 9:30 A M 2:20 P M for Bass Point and 8:80 A M 2:20 6:00 7:20 P M for Nahant with fares Adults 265 and children 16. Agent G C Sheldon 106 Washington St Boston.
Boston observers discuss the return of Marie Costeau s silk flag made for President Roosevelt. Manager Magee invited her to display the two and a half by one and a quarter yard emblem in a Grand Opera House box, inviting public curiosity and a formal note of thanks.
Today offers a chance to join a trip to Hough’s Neck departing from Snow’s Arch wharf before summer ends. The ride promises a scenic outing for local residents seeking a day by the water.
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