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Lowell Daily Courier in Lowell, Massachusetts

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Newspaper

Lowell Daily Courier

Location

Lowell, Massachusetts, United States of America

Date

Jun 02, 1905

Page

7

Stock Market Strong at Close on Friday

The Boston market opened steady as New York weakness showed little effect locally. There was robust buying of aluminum and steel shares with arbitrage houses active. Traders remained bearish on general demand but copper shares stayed strong. The Equitable report hung over Wall Street until rumors spread that it would be released. In Boston copper stocks led gains and avoided the New York slump.

Boston New York Allouez Frick Committee Wall Street Equitable

Stock Market Opens Weak As New York Sags

New York June 2 10 10 a m foreign market drops fuel a weak stock opening with losses in St Paul Union Pacific Southern Pacific Canadian Pacific New York Central Ontario Western United States Steel preferred Smelting and Colorado Fuel. By noon a rally tempered losses but gains faded as selling returned. By 2 pm Reading Union Pacific Amalgamated Copper and Metropolitan Street Railway rose modestly while total volume remained light.

New York St. Paul Union Pacific Southern Pacific Canadian Pacific New York Central Ontario & Western United Stes Steel Smieting Colorado Northern Pacific U. S. Steel Reading Amalgamated Copper Amalgamated Copper and Metropolitan Street Railway

Cotton futures open weak with mixed near term prices

In New York on June 2 futures opened weak with contracts for June to February showing mixed quotes from 8.10 to 8.42, while spot market closed 25 points lower at middling uplands 8.50 and middling gulf 8.75. Sales reached 1550 bales.

New York Gulf

May copper and ore production and market activity

May Atlantic output reached 192 tons while Greene Consolidated reported 5,820,000 pounds produced in May. April net earnings rose for Southern Pacific by 516,000 and Chicago and Alton by 33,999, with Union Pacific up 313,191. Copper gains were noted at Ahmeekshaft No 1 as a rich ore sheet emerged. Currency movements showed banks losing 2,529,000 this week amid war fears in the East and Equitable circles. NYSE listing sought for 12,000,000 imperial Japanese government sterling loan of 1911 second series. Union Pacific selling tied to anticipated no dividend at Southern Pacific. copper spot 65 15s 0d, futures 65 18s 9d. May Quincy output 1,220 tons mineral. rock tonnage treated 97,500 tons setting a new monthly mine record aided by Shaft No 8.

Quincy

40 Summer Tours to Eastern Resorts and Beyond

Dates and destinations include Poland Spring Muskoka Lakes Rangeley Moosehead Sorrent o Mount Desert Saratoga Lake George Champlain Adirondack Mountains Wyoming Valley Niagara Falls Montreal Quebec Hudson St. Lawrence Saguenay Rivers Maritime Provinces Gettysburg Yellowstone Pacific Northwest Canadian Rockies Europe Around the World and a global circuits. Rail and steamship tickets available from Raymond Whitcomb Co Boston with descriptive pool for desired trip.

Poland Spring Muskoka Lakes Rangeley Moosehead Lakes Sorrento Mount Desert Saratoga Lakes George Champlain Ausable Chasm Thousand Islands White Green Adirondack Mountains Wyoming Valley Niagara Falls Montreal Quebec Hudson, St. Lawrence Saguenay Maritime Provinces Battlefield Gettysburg Yellowstone Park Pacific Northwest Canadian Rockies Europe

Copper output hits new monthly high for company

May production reached 1,376,000 pounds of refined copper, the largest monthly total in the company’s history. London reported rising visible copper supply in England and France and afloat to June 1 at 17,227 tons, up 344 tons since May 15. Rail earnings reports show broad gains signaling prosperity, with May copper outputs listed for Calumet 3400 tons Tam arack 740 Isle Royale 140 Ahmeek 58 Phoenix 65 Old Dominion 1500 and mineral outputs Osceola 1170 Mohawk 591 Wolverine 509 Mass 120 Adventure 115 Centennial 70. A New York bank connected to Standard Oil bought calls on about 20,000 Amalgamated shares for June. Massachusetts Electric trustees postponed preferred stock dividends for six months, fueling expectations of a 4 percent annual dividend next year.

London England France Calumet Tamarack Isle Royale Ahmeek Phoenix Old Dominion Osceola Mohawk Wolverine Mass Adventure Centennial New York Amalgamated Standard Oil Massachusetts Electric Companies

Boston and Maine Stock Prices Brief

Stock quotes show Boston and Maine at 4 dollars per share on July 3 and a Maine company at 1.75 dollars per share. A Mercury composite notes 2 percent per share, aggregate value listed. Wakefield preferred at 2 percent. overall market movement unclear.

Boston & Lowell R. R A. & Maine. Com Aly Hares BY. & Wakefield, Pref

Cotton Crop Bulletin Sparks Market Jolt On Opening Day

New York and Washington report show US cotton acreage down 11.4 percent to about 28.12 million acres with an average condition of 77.2. Prices fluctuated as July, October and December contracts moved sharply before a New Orleans rally faded.

New York Cotton Exchange New Orleans Washington Department of Agriculture Bureau of Statistics United States

Two Years Sentence in U S Post Office Burglary Case

In Cambridge a federal judge sentenced Frederick A Harrington to two years in Cambridge house of correction for breaking into the U S post office at East Lexington and stealing stamps and money. Others indicted include Frank O Pierce on embezzling a letter, Chas A Gifford with no bill, and James Allen and Wm Brown who pleaded guilty to City Hills post office break in with Allen fined $1 and 15 months, Brown fined $1 and eight months.

Boston Frederick A. Harrington Cambridge Lowell U. S East Lexington U. S. Grand Jury Harrington Frank O. Pierce New York Chas. A. Gifford Westport James Allen Wm. Brown United States Post Office City Hills Franklin Allen House of Correction Dedham Brown Dedham Institution

Despondent wife attempts suicide by gas in New York

In Madison avenue a 35 year old woman, Mrs George A Nesbett, tried to kill herself by gas asphyxiation after her husband left with their two children. She was found unconscious on a bed, a rubber tube connected to a gas jet in her mouth, and is in critical condition at a city hospital. Her friend followed her to the apartment fearing harm.

New York George A. Nesbett Madison Avenue

Scotty Young on Trial for Murder Third Time

In New York on June 2 Lewis Stuyvesant Chanler offered a closing defense for Scotty Young in his third murder trial. He claimed a police conspiracy framed Young and argued detectives chose him at random to appease public demand for accountability. Chanler pressed that the case concerns murder, not burglary, and suggested a policeman may have fired the fatal shot during a pursuit of burglars.

New York Duncan Scotty” Young Geo. Eberhardt Lewis Stuyvesant Chanler Young McGuirk’s Chanler Eberhardt

King Alfonso Visits Military School and Versailles

Paris June 2 King Alfonso and President Loubet visited the military school at St Cyr and the palace at Versailles Then they toured the Aero Club and watched an automobile procession and horse races at the Bois de Boulogne course Tonight the king will attend a performance at the Theatre Francais near the scene of the recent assassination attempt.

Paris Alfonso Loubet St. Cyr Versailles Aero Club Bois de Boulogne Theatre Francais

Bank in Ladysmith to close doors temporarily

The president of the First National Bank of Ladysmith Wisconsin reported to the comptroller that directors unanimously voted to close the bank temporarily. National Bank Examiner Peter R Earling took charge as receiver. A 1905 bank report shows $42,669 owed to depositors and total capital of $83,420.

Washington First National Bank of

Chicago Conference Eyes End of Strike Over Arbitration

In Chicago Mayor Dunne’s office a conference between team owners and teamsters planned to seek a definite decision on arbitration for disputes. Owners threaten decisive action to deliver to struck firms if the teamsters refuse arbitration, potentially widening the strike to about 9000 drivers. The meeting adjourned as Teamsters President Shea testified to a grand jury and will reconvene this afternoon hoping for an agreement.

Chicago Dunne Teamsters Shea Grand Jury

Bowdoin College Ivy Day Highlights and Awards

In Brunswick on Ivy Day the bowdoin junior class held the traditional observance with pleasant weather. The Maine championship baseball game concluded the day’s events, followed by Memorial hall exercises, ivy planting, and the seniors chapel. Henry P. Chapman of Portland received the wooden spoon as the most popular man, and was named captain of the 1905 football team.

Brunswick Bowdoin College Bowdoin Maine Memorial Hall Chas W. Hawkesworth Boston L. Savinger Frederica Del James W. Newell Old Town Harvey G. Winslow Gardiner Henry P. Chapman Portland

Divorces Heard and Contested on Page One

A February Sunday incident near the High Street church saw a man struck in the face by his wife as she testified via interpreter. Polish witness Joseffa Stesz and Robert Hood corroborated the assault. The libel faced nonappearance by contestants. Judge Bond took the case under advisement. Weaver versus Weaver concluded with a decree nisi for the libellee.

High Street Joseffa Stesz Robert Hood Bond Weaver

Four Masted Schooner in Tow After Collision

Vineyard Haven June 2 A four masted schooner believed to be the Sagamore bound from Philadelphia to Boston passed in tow of tug Storm King. Her jibboom was broken and a portion of headgear missing, indicating collision damage. The tug had earlier towed the schooner Thomas W Lawson from Boston past Gayhead and then recovered the Disabled vessel.

Vineyard Haven Sagamore Philadelphia Boston Storm King Bond Thomas W. Lawson Gayhead

Steamers Arrived Boston June 2

Mashona from Calcutta has arrived in Boston on June 2, signaling another beacon in the busy Atlantic steamship season. The vessel reaches port with cargo and passengers awaiting clearance as harbor authorities prepare routine inspections and trade notices.

Boston Calcutta

Old Man Hope Dies of Grief After Bank Heist

New York June 2 James Hope known as Jimmy Hope and Old Man Hope leader of the band that robbed the Manhattan Bank of nearly 3 million in money and securities almost 30 years ago is dead at his home. His wife said he died of a broken heart from publicity about his record. He was born in Philadelphia 69 years ago. Pat Sheedy, a sporting man, stayed at his bedside during his last hours.

New York James_ Hope Jimmy” Hope Hope Manhattan Philadelphia Pat Sheedy

Tragedy as Young Tracy Drowns in Hudson

New York June 2 Thomas Tracy twenty a son and sole supporter of his widowed invalid mother and a younger brother drowned himself in the Hudson river unable to find work or tell his mother he could not provide. The family grieves as the tragedy underscores a harsh life.

New York Thomas Tracy Hudson River Tracy

Women in post office service by country and count

Germany leads with 242000 women in the post and telegraph service while the United States has 239000 female post office assistants. Great Britain employs 184000, France 81000, Austria 59000, and British India 60000. Japan and Russia each use 10000 women.

Germany United States Great Britain France Austria British India Japan Russia

Balance Sheet of Middlesex Bank as of June 2 1905

I F N Chase cashier swears the stated bank assets and liabilities are true to the best knowledge. The balance totals 2676189.28 with assets including loans and discounts 2003018.86, U S bonds 200000.00, stocks 44591.58, due from reserve agents 162471.92, notes of other banks 18903.00, and legal tender 56000.00. redemption fund 10000.00. total resources 2676189.28 and total liabilities 753761.48 verified by notary John J Harvey.

U.S Ie Ie Fix- Lupo Os Co Ccsceccavcocccscossoscee State OF Massachusetts County of Middlesex John F. Sawyer J. F. Sawyer Frederic A. Fisher AntHur G. PoLarp Frederick P. Marble Frank E. Dunpar Cecesscesia Ressens Lawrun Aes Capital Yas Sth ii Geass Jesboadneeeewe Tess Rees Spisiseenak National Bank Nae Ss. I F. N. Chase N Chase John J. Harvey Cras. M, Williams Lees F. Pavitt Wilson W. Canny

Also Mentioned on This Page

New York Market Atlantic Greene Consolidated May Chicago & Alton New York Stock Exchange Bright, Sears & Co Merrimack St Union Bank C. N Boston Stock Exchange Raymond & Whitcomb Raymond & Whitcomb Coo Washinston St Old South Church Am Sugar Atchison Arch Pfd B&o Oe See Ches & Ohio Chi & Gt W St Paul Sees Rock Island del & Hud Dl& W Erie Rail Erie L&n St Ry Mis Pac Mk&t Mk&t Pfd Nat Nyc NYC & W Pac Mail Penn RR So Pac Tenn C & I Tex & Pac UN Pac Sewer US Steel Boston Market B&m Cal & Hec Daly-West Dom Steel Michigan Santa Fe Shannon Trinity Utah Seeee Vu Winona Amer Wool U S AT & T the Cotton Exchange Cotton Crop Bulletin E. Lexington King Alfonso Ladysmith Bank E. D. Shadduck Co Lowell's Middlesex Street IVY Day Gregoire Marine News Union National Bank OF Total Lowell National Bank Courier
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