Stock Market Signals Liquidation and Weak Opening
The market opened with uncertainty on Saturday noon August 2 as traders anticipated an unfavorable bank statement. Trading was narrow with light volume. Copper shares in Boston declined while St. Louis and San Francisco weakened. Rock Island officials faced investment concerns amid Governor Cummins' probe.Closing was dull and heavy due to poor bank data.
MENTIONED IN THIS ARTICLE
New York
London
Rock Island
Cummins
St. Louis
San Francisco
Boston Market Report Shows Broad Declines
The Boston market opened weak with Wolverine dropping to 56, a four point decline, and Centennial slipping to 17 before a late recovery. Sellers dominated with little buying interest as Cochiti traded at 90 cents and Dominion Steel fell nearly two points but recovered by close. Western Yes. preferred held at 102.
MENTIONED IN THIS ARTICLE
Boston
Wolverine
Centennial
Dominion Steel
Western
Stock Market Opens Irregularly in New York
New York August 2 The stock market opened irregular with minor moves across many issues. Amalgamated 66 5 16, Atchison 9 1 4, Atchison preferred 101 1 4, Canadian Pacific 13 6 1 4, Erie 38 1 2, Manhattan 13 6 4, Missouri Pacific 118 1 2, Norfolk & Western 65, Pennsylvania 159 1 2, Reading second preferred 73 1 4, Sugar 13 1 2, Southern 39 1 4, Southern Pacific 68 1 4, Union Pacific 107, Steel 39 1 2, Steel preferred 89 1 2. By 10 10 a m market was nearly idle with few changes. General Electric up a point and Manhattan 4, St Louis and San Francisco down 1 4.
MENTIONED IN THIS ARTICLE
New York
Amalgamated
Atchison
Canadian Pacific
Erie
Manhattan
Missouri Pacific
Norfolk & Western
Pennsylvania
Reading
Sugar
Southern
Southern Pacific
Union Pacific
Steel
General Electric
St. Louis
San Francisco
Bright, Sears & Co
Amer. Sug. Ref. Co
Atchison Pfa
Brooklyn Rap
Ohio
Chicago & Alton
Chic
Gt. West
R. I. & Pace
Erie Rail
Eat
Ill. Central
Gen. Electric
Metropolitan
M.k.&t
M.K.& T. Pfd
New York Central
N.y.0.&w
Penn. Railroad
U. Tel
Unclear Economic Figures From New York Aug 2
Data shows failures opening firm with fluctuating rates listed by month from August to March. Notable figures include 8.21 in August and 7.86 in September with several months at 7.69. The text ends abruptly with missing February value.
MENTIONED IN THIS ARTICLE
New York
Southern Pacific and market notes on early financing
The report notes Southern Pacific’s rumors of early financing are likely false. It cites a small possible bond collateral issue as premature. New York bank data show declines in reserves, rises in loans, deposits, and circulation. Other items cover textile demand, wage lines, and anticipated political agitation affecting Wall Street.
MENTIONED IN THIS ARTICLE
Southern Pacific
New York
Massachusetts Bond Notes and Stock Info Summary
Renfrew Mfg Co Adams Mass offers 5 percent first mortgage bonds non taxable in Massachusetts Vaughn Machine Co Peabody Mass lists 7 percent preferred stock Gulf and Ship Island R R Co first 5s Buffalo and Susquehanna 4 percent paid stock Full particulars available in August circular sent from New York address Cedar St New York JCKinson York Stock Exchange 28 State St Boston
MENTIONED IN THIS ARTICLE
Renfrew Mfg. Co
Adams
Mass
Massachusetts
Vaughn Machine Co
Peabody
Gulf and Ship Island
Investment Market Nods To July Lull And Bond Demand
The market shows a midsummer lull with steady buying of bonds and dividend stocks by permanent holders. Prime four percent railroad bonds of good quality are absorbed with modest price gains while copper shares strengthen and Amalgamated Copper improves. Regional notes mention possible Tamirak and Arcadia mine force reductions, Isle Royale shaft work winding down, and Girardville residents urging President Roosevelt to support a strike. An official from Rock Island Co. dismisses fears of Iowa state incorporation challenges, citing lawful papers and legal adequacy.
MENTIONED IN THIS ARTICLE
Ises
Amalgamated Copper
Salmon Couple to Return Home After Visit
Mr and Mrs H W Salmon of Chattanooga Georgia have spent several weeks in the city and will return home on Monday.
MENTIONED IN THIS ARTICLE
H. W. Salmon
Chattahoochie, Georgia
Dover Races At Granite State Park Open Next Tuesday
Dover New Hampshire hosts what organizers expect to be the best meeting at Granite State Park with three races daily and a musical band between heats. Manager Christie has secured excursion rates on all railroads, and favorable weather is anticipated for fast racing.
MENTIONED IN THIS ARTICLE
Dover
N. H
Granite State Park
Christie
Man with Tobacco Stained Teeth Shows Odd Vanity
A man with tobacco stained teeth and lips maintains immaculate nails spending a dollar weekly on manicuring, a striking contrast that amuses observers.
Five women fired upon marauders and two Italians held
Fall River August 1. Antoine Seiscent and Nichola J Paola will be heard in district court Monday for assault on Mrs W Irving Nichols. Nichols who lives with her family near New Boston road shot at two men in her apple orchard when they refused to leave and insulted her. Police rounded up the two Italians after Mrs Nichols identified them. authorities praised her readiness and police vigilance.
MENTIONED IN THIS ARTICLE
Fall River
Antoine Seiscent
Nichola J. Paola
W. Irving Nichols
Nichols
Union Mills
Jefferson Borden
New England
Ellen Herbert
New Boston Road
Europe
Katipunan Network in Tayabas Province Exposed
Manila reports a large Katipunan group uncovered in Tayabas province with police seizing headquarters and records. Six prisoners were captured and one man killed as natives fled. Cavite constabulary engagements dispersed bands led by Felizardo and Montallon. bandit Capt Bamagon was killed and Felizardo fled, leaving horses.
MENTIONED IN THIS ARTICLE
Manila
Tayabas
Cavite
Felizardo
Montallon
Bamagon
Philadelphia Mills Resume After Weavers Strike
Philadelphia Aug 1 The dispute involving 1300 rug weavers and manufacturers is settled. Mills will reopen with old hands on Monday. Weavers had accepted a 5 percent wage increase but demanded a non union worker be discharged. The non union employee resigned and the strike ended.
MENTIONED IN THIS ARTICLE
Philadelphia
National Guard General Order Praises Shenandoah Troops
Shenandoah Pa Aug 1 The following general order from National guard headquarters commends the officers and men of the several commands in camp for prompt response to the call for duty and rapid concentration. It says their services are most commendable and will strengthen public confidence in the brigade’s efficiency and reliability. It stresses utmost care and observance of duties.
MENTIONED IN THIS ARTICLE
Shenandoah
National Guard
Olympian junketers in Berne present Swiss plan
President Zemp of Switzerland met Olympian delegates Judge John B. Payne Laverne W. Noyes and Henry J. Farber Jr of Chicago to hear plans for the Olympian games. He showed interest asking questions and pledged to recognize the games in the Official Journal and support official participation.
MENTIONED IN THIS ARTICLE
Berne
Switzerland
Zemp
John B. Payne
Laverne W. Noyes
Henry J. Farber, Jr
Chicago
Furber
Gloucester Fish Industry Ties Up as Strike Hits Wages
Gloucester Aug 1 The fish skinners cutters and dressers strike cripples the citys chief industry for the first time in its history. About 500 men are involved with work halted at lofts as 25 non union men join the union. Pinkham and Foster are declared a union shop and returning workers are authorized.
MENTIONED IN THIS ARTICLE
Gloucester
Armory Hall
Str.ke
Pinkham & Foster
Lost notes threaten holders across multiple states
Notes issued by Joseph H. Bauland Co Sioux City Pelletier Dry Goods Co Columbus Dry Goods Co Fair Co People’s Store Co Stewart Dry Goods Co and endorsed by H B Claflin Co went missing between Boston and Lowell on July 1902. Dates range June to July 1902 with amounts totaling several thousand dollars. payment stopped and cautions issued against negotiating the notes.
MENTIONED IN THIS ARTICLE
Boston
Lowell
Mass
Pelletier Dry Goods Co
Sioux City
Columbus Dry Goods Co
Columbus
The
Fair Co
Cincinnati
Stewart Dry Goods Co
Louisville
H. B. Claflin Co
N. Y
Blake Bros and Co Boston address listing
Blake Bros and Co located at 28 State St Boston. The item notes the business presence in the city with a street address emphasis for locating offices or services.
MENTIONED IN THIS ARTICLE
Blake Bros. & CO
State St
Boston
President's Picnic at Sagamore Hill Transacts Public Business
President Roosevelt conducted public business at Sagamore Hill for the first weekday session of his return from vacation. No visitors were received. Mrs Roosevelt and Mr Roosevelt left for an all day outing. Miss Alice Roosevelt departed for Newport to stay with Miss Helen Cutting, daughter of Mr and Mrs Robert Fulton Cutting of New York.
MENTIONED IN THIS ARTICLE
Oyster Bay
N. Y
Sagamore Hill
Roosevelt
Alice
Newport
Helen Cutting
Robert Fulton Cutting
New York
Cummins to Act on Rock Island Incorporation
Des Moines Aug 1 Governors Cummins will investigate the right of the Chicago Rock Island and Pacific railway to incorporate under Iowa law and will order the attorney general to file action to invalidate the incorporation papers filed yesterday if a violation is found.
MENTIONED IN THIS ARTICLE
Des Moines
Cummins
Chicago, Rock Island and Pacific Railway
Treaty talks risk hitch over Mackay tariff plan
A Shanghai dispatch reports a serious hitch between Sir James T. Mackay and Chinese treaty commissioners. The dispute threatens to interrupt negotiations on adopting Mackay's tariff revision scheme for China.
MENTIONED IN THIS ARTICLE
London
Shanghai
James T. Mackay
Will of Lord Pauncefote Proven in London
The will of the late Lord Pauncefote British ambassador to the United States has been proved. The estate is valued at £63,700 or about $318,500.
MENTIONED IN THIS ARTICLE
Haven & Stout
United States Steel
Nowas Colorado Fuel
Gates
Osgood
London
Lord Pauncefote
United States
First ascent of active Mayon Volcano reached crater
A party of soldiers succeeded in ascending the active Mayon Volcano in the Philippines. The climb took twenty hours to reach the crater and marked the second ascent ever recorded of the volcano.
MENTIONED IN THIS ARTICLE
Manila
So’dirs
Mayon
Fire Destroys Capital Granite Plant in Graniteville
A fire in Graniteville Vermont at dawn destroyed the Capital Granite company plant including the engine house and boilers. Estimated loss runs to seven thousand dollars as firefighters battled the blaze from Barre. The cause is under investigation by local authorities.
Deaf educator Charles Kerney ends life in Decatur
Charles Kerney, a renowned deaf mute educator, shot himself in Decatur Illinois, with ill health given as the cause. The incident occurred on August 1 as Kerney faced declining health and public attention for his work in education of the deaf and dumb.
MENTIONED IN THIS ARTICLE
Decatur, Ill
Charles Kerney
Phillipps Named Governor of Paragua Island
Manila reports Captain William A. Philipps of the Tenth Infantry has been appointed governor of Paragua Island. The announcement elevates a seasoned military officer to civil administration duties on the island amid ongoing regional duties.
MENTIONED IN THIS ARTICLE
Manila
William A. Philipps
Tenth Infantry
Paragua
Chelmsford Special Town Meeting on Heating System
Chelmsford will hold a special town meeting at Centre town hall on Monday evening August 11 at 8 o clock to decide actions for a better heating system at the town hall North village and to build a basement large enough for installation.
MENTIONED IN THIS ARTICLE
Centre Town Hall
Town Hall
North Village
North Acton
Paul Dutton
Edward J. Robbins
Mary B. Bartlett
Christina Ashworth
Ocean Park
BK. W. Sweetser
Hosmer Sweetser
Lowell
E. S. Hosmer
Fred W. Jenness
St. John
N. B
Summerside
Chelmsford
Outing Train To Newport From Lowell Area For $1.25
The New York, New Haven and Hartford railroad offers a Friday August 8 excursion from Lowell Chelmsford and Concord Junction by special train to Newport and return. Round trip tickets are $1.25. Newport is praised for scenery estates and natural beauty with ample transport options within the city at reasonable expense.
MENTIONED IN THIS ARTICLE
New York, New Haven and Hartford Railroad
Lowell, Chelmsford
Concord Junction
Newport
Remedy Claim Box Text For Laxative Bromo Quinine
A newspaper item notes an advertising claim stating that the Laxative Bromo Quinine Tablets cure a cold in one day for 25 cents and requires this name to appear on every genuine box.
Col Lynch Goes On Trial For High Treason In London
Colonel Arthur Lynch, Nationalist MP, arraigned at Bow Street on high treason charges linked to the Boer war. He testified he went to South Africa under contract with the Paris Journal and planned brief stays, denying any mission from Leyds. Lynch was remanded after his statement. Redmond and other Nationalist leaders visited him in prison.
MENTIONED IN THIS ARTICLE
London
Arthur Lynch
Prliament
Bow Street
Lynch
South Africa
Paris Journal
Century Magazine
Collier’s Weekly
Dr. Leyds
Leyds
Transvaal
Coloel Lynch
W. H. K. Redmond
Armours Complete Purchase of Hammond Packers in Big Consolidation
Chicago reports formal announcement that Armour interests acquire the Hammond packing companies and join with Swift and Morris into a securities holding company of about 150 million dollars. Plan envisages stock exchange for the three major packs with wide underwriting to public. Ogden Armour to remain in Europe six weeks. Meeker to run new holdings. final consolidation hoped within months.
MENTIONED IN THIS ARTICLE
Chicago
Hammond Packing Companies
Armour Interests
Anglo-American
Fowler
Swift Company
Omaha Packing Company
Armours
Packers’ Combination
Securities
Armour, Swift and Morris
Union
Combine
Cudahy
Schwarzchild &Sulzberger
New Securities Company
Swift & Co
Swifts
Morris
Hammond Companies
Ogden Armour
Europe
J. P. Lyman
G. H. Hammond Company
J. Ogden Armour
Mr. Vogel
Hammond Company
Hammond Packing Company
Old International Packing Company
Embezzling Boston Lawyer Van Derlip Arrested
Willard C. Van Derlip a Boston lawyer in charge of the Emerson estate for 16 years confessed embezzlement. Authorities say losses reached around 200000 dollars with bonds and real estate diverted. He was arrested after a 10 day grace period expired and arraigned on larceny charges.
MENTIONED IN THIS ARTICLE
Boston
Willard C. van Derlip
George B. Emerson
Bishop
Thornton Lothrop
Judge Lowell
Lowell
United States Circuit Court
van Derlip
John Lowell
William D. Sohier
Emerson
Colonel Sohier
Messrs
Fohier
Cottage City
Sohler
Berwick Park
Southend
Lowells
Houghton and
Harris
Northern Pacific
Great Northern
Sohier
Premier conference debates tariff and shipping questions
London officials report the colonial premiers conference resumes discussion on tariff and shipping topics. The final meeting is anticipated for August 8, with proceedings likely to be published for Parliament as a blue book.
MENTIONED IN THIS ARTICLE
London
Torpedo Boat Grampus Launched in San Francisco
San Francisco reports the torpedo boat Grampus, built by the Union Tron works, was successfully launched last night marking a notable addition to the naval fleet.
MENTIONED IN THIS ARTICLE
San Francisco
Cal
Grampus
Union Tron Works
Dr Thomas Electric Oil Promises Instant Pain Relief
An old farm health claim asserts accidents are frequent and pain from cuts stings and bruises is relieved instantly by Dr Thomas Electric Oil and suggests it is essential for safety on the farm.
MENTIONED IN THIS ARTICLE
Thomas
Also Mentioned on This Page
Stock Market
Boston Market
New York Market
Cochiti
R. G. Dun & Co
Henry Clews & Co
Wall Street
Philip R. Hovey
Investment Securities
State Street
Spencer Stask & Co
Pine St
New York Stock Exchange
Fisk & Ff
New
Cedar ST
Jckinson, York Stock Exchange
State ST. Buston
Houghton
Mich
Arcadia
Isle Royale
Girardville, Pa
Rosevelt
Bi,& Austsdeecneess
Chicago Junction
Mex
Eee
O Mining
Ay Adventure
Atlantic
Bingham
Cochitl
Ocean MO
Hecla
Dom. Steel
Enee
Osceola
Tamarack
Utah
Winona
A. Tel. & Tel. Co
Tel
Amer. Wool
Elec
Swift Packing Co
Amer. Smelting Co
Western Tel
Courier
Ning
J. P. S&s. Gobin
W. S. Millar
Olympian Junketers
Fish Scale
Wen
Joseph H. Bauland Co
Brooklyn
People’s Store Co
Tacoma
Wash
Rock Island Road
Graniteville
Haient & Freese
E. W. Grove
Courier-Citizen Job Print
Middle Street
Col. Lynch
Century
Bate
Attorneys At Law
Nicholas G. Norcross
Insurance
Central Street
Lowell Mass
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