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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Sep 28, 1899
Page
6
Stock market recap notes Utah Consolidated’s potential to double in six months as insiders push buys. Arcadian is described as financially sound with no upcoming assessments. Bear pressure on Arcadian blamed on rumors while Baltic and copper shares show strength amid holiday trading.
Since May the Verde junior copper concern has located two fractional claims and expanded tunnels and roads at the Verde mine. The lower tunnel now shows 8.72 percent copper in the last 12 feet, prompting a stock price rise to ten dollars per share on October 3 while seven fifty per share holds until then. Prospectus and fall information available on request.
Cripple Creek reports indicate opening another high grade ore vein on Tenderfoot Hill near Hoosier area. Boston Cripple Creek Company holds 1500 feet north of Hoosier with a shaft 60 feet deep yielding about two ounces per ton and a black tellurium value. Main shaft near 300 feet deep, crosscuts planned, and development traces lead to possible rich ore body. float previously suggested value up to 43000 dollars per ton. Boston syndicate backing company with strong steam plant, manager Bodfish notes six years in Colorado Springs, with June start after litigation cleared. Market notes cover bonds, oil, and broker opinions on mining shares and copper plays.
At Boston on September 27 the exchange reported the day’s highest and lowest sales along with the closing bid and asked prices. The report summarizes price activity across listed securities for investors tracking market movements.
Hon Daniel Russell announces nominees Nelrose Savings Bank Melrose Mass Wholesale Merchant Lowell Mass A G Goss Boston Mass M Superintendent C
Extract from Francis A. La Grave former Missouri mine inspector notes the property was examined and purchased on his advice. He concludes the mine is a good one and should be developed further as indicated in his report.
Subscription books open September 27 and close October 2 for the first block of 7000 shares at six dollars per share. Fifty percent due on application, balance on call after thirty days. Applications filled in order of receipt and may be rejected. No allotments. books close when fully subscribed. Boston listing planned. offices at 60 State St rooms 401 and 402.
Early returns show Bates ahead by 300 votes at noon and still rising. Supporters say Bates will secure the nomination by a large margin, avoiding a close convention contest and its potential evils.
Ex dividend assessments recorded with total sales bonds 105400 unlisted bonds 2000 stocks 16814 shares and unlisted stocks 9956 shares. Wheat futures opened steady in Liverpool and Chicago with short covering as prices rose. Northwest receipts show 947 cars vs 882 last week and 1238 year ago. Boston & Albany announces autumn excursion to New York October 3 for five dollars via Berkshire Hills and Hudson River.
The Boston and Albany line announces an excursion to New York via Albany and Hudson River with return by the Fall River line on October 3. Tickets priced at six dollars.
An advertisement touts Doan's Ointment as safe for delicate skin and effective against eczema and other skin complaints. It claims quick relief with no harm to children and notes the product is available at drug stores for 50 cents.
In Somerville caucuses Representative Frank E. Huntress won the senatorial nomination over William H. Hodgkins. Ward 2 and 4 backed Huntress, with Arlington and Belmont also favorable. Horace C. White defeated Charles F. Wilds by one vote. Ward 3 saw William L. Barber 446 to 283 for Charles L. Underhill. Ward 4 backed Ball for Representative, while Ward 2 supported Frank E. Fitts and Finch Tarbox, with Luce seeking renomination last year. A petition sought delaying caucus vote release to three months. Voter enrollment exceeded prior caucuses. Some new enrollees reportedly include Democrats.
The article describes a contested caucus where the Innes group controlled the rail with warden and many inspectors, while Guild and Dyar had limited representation. They claim 28 extra caucus officers were requested by law but only one was chosen, not officially notified, delaying certification. Warden then appointed substitutes from present staff, alleged to favor Bates and Innes.
Delegates from 25,000,000 Presbyterians gathered at New York Avenue Church for the first session of the Pan-Presbyterian Alliance in Washington. The ten day meeting is purely advisory with 125 delegates reporting arrival to Rev. Dr. G D Matthews.
Generals MacArthur Wheaton and Wheeler with four regiments and a battery pushed forward at daybreak toward Porac about eight miles northwest of Bacolor in Pampanga province, as reported from Manila September 2.
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