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Lowell Daily Courier in Lowell, Massachusetts

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This newspaper page contains 31 articles. Subscribers can read the full text of each article.

Newspaper

Lowell Daily Courier

Location

Lowell, Massachusetts, United States of America

Date

Jun 03, 1905

Page

7

Stock Market Irregular At Close On Saturday Noon

Moderate trading on the Boston stock exchange ended with generally lower quotations. U S Mining fell to 28 percent, Greene Consolidated to 24 percent, while Bingham advanced to 295 percent. In New York Amalgamated Copper rose to 83 percent as prices softened to last night’s level amid a dull close.

Boston Stock Exchange U. S Greene Consolidated Bingham New York Amalgamated Copper

Stock Market Mixed Early. Gains After Reading Demand

New York trading opened with small advances in Amalgamated Copper and Metropolitan Street Railway but overall prices fell across markets. U S Steel preferred dropped about 1 percent while St Paul and Union Pacific led railroad declines. Smelting slid as demand later revived for Reading and large orders lifted several issues before prices eased from intraday highs.

New York Amalgamated Copper Metropolitan Street Railway U. S. Steel St. Paul and Union Pacific Reading St. Paul

Cotton Futures Opened Easy in New York Market

Futures opened easy with June at 7.80 bid and July 8.03, later closing steady. August through March traded 8.00 to 8.31 with multiple months recorded. Spot market quiet with middling uplands at 8.50 and middling gulf at 8.75. no sales reported.

New York Uplands Gulf

Wall Street churn and mine and rail news of the week

The weekly bank statement shows declines in loans deposits specie and ex US deposits, with a surplus reserve of 6.05 million. Short interest is high on Wall Street as Amalgamated is anticipated. May copper output hits record for Shannon Copper Company and Penn railroad earns more gross while net declines. State Street declares a 2.50 dividend. Union Pacific adds 90 pound steel rail. United Fruit admits absorbing Atlantic Fruit. Montana Coal & Coke reports favorable coal supplies and strong coke demand. R. G. Dun notes active staple markets and cotton hedging pressure as prices rise.

Amalgamated

Copper Range assets rise as market eyeing rally signals

A May 1 financial statement shows Copper Range Consolidated assets at 40.83 million with Baltic, Copper Range and Trimountain holdings valued at 36.92 million. Debts total 0.1 million, deposits 0.99 million, suspense 0.61 million, and profit 0.73 million. Analysts foresee a short-covering rally as large holders widen positions and bears face pressure.

Copper Range Consolidated Co State House Baltic Copper Range Trimountain

Market Letter on Steel and Rail Stocks

Our Market Letter for this week reviews the situation surrounding U S Steel Atchison and Union Pacific. Mailed free upon application from the Lowell Office Telegram Blog. Tel 127027 Central St F W Mills Manager.

U. S. Steel Atchison Union Pacific Lowell Central St

Bad Break in Philadelphia Utility Stocks

In Philadelphia on June 3 a stock rout hit utilities amid political fears. United Gas Improvement tumbled from 95% to 92, Philadelphia Rapid Transit slid to 26, Union Traction to 58% from 62, and Philadelphia Electric fell from 12 to 8 a share.

Philadelphia Philadelphia Stock Exchange United Gas Improvement Philadelphia Rapid Transit Company Union Traction Company Philadelphia Electric Company

Duke seeks absolute divorce in New York action

Brodie L. Duke files for absolute divorce against Mrs. Alice Webb Duke, with papers served in New York on June 3. The couple’s December marriage sparked sensational litigation. other probate actions have been abandoned by a family member, and trustees now hold Duke's property. The divorce suit rests on statutory grounds.

New York Brodie L. Duke Alice Webb Duke Duke

Collection of Tribal Tax Causes Trouble

Washington dispatches report trouble over tribal tax collection in Muskogee Indian Territory. Secretary Hitchcock says no troop call and that the matter rests with the Department of Justice, with Interior ready to assist as needed.

Washington Hitchcock Muskogee I. T Associated Press Department of Justice Interior Department

Pelham Postmaster Appointed in New Hampshire

Washington June 3 The fourth class postmasters named today include New Hampshire Pelham where Harry H Atwood is appointed to the post. Massachusetts South Barre also receives a postmaster George H Elwell.

Washington Massachusetts South Barre George H. Elwell New Hampshire Pelham Harry H. Atwood

Bluebeard Hoch Scheduled for June 23 Execution

Chicago June 3 Judge Kersten set June 23 as the date Hoch alias Bluebeard, who was sentenced to hang, is to die. The order confirms the execution timing.

Bluebeard Hoch Chicago Johann Hoch Kersten

Locomotive Test Explodes Wounding Two at Glace Bay

In Glace Bay Nova Scotia a test run at the Dominion Coal Company shops today exploded injuring two men. Jonathan Tutty was thrown about 100 feet but survived with a fractured skull and other injuries. Albert McKenzie also suffered serious hurt.

Glace Bay N. S Dominion Coal Company Jonathan Tutty Albert McKenzie

Bequest Planned by Leather Merchant Rhoades Will

The late Lyman F. Rhoades of Roxbury left a 100000 dollar charitable bequest to be chosen by executors. His will, filed in Suffolk county probate court, notes an estate valued at about 750000 dollars.

Boston Lyman F. Rhoades Roxbury Suffolk County C. £.Rounsevel Nashua Willow Spring Water Co Wm. C. Walker J. B. Richardson G. G. J. Mills D. Gerow Bailey’s Drug Tel P. O Lowell

Agawam Distillery Robbery Suspects Sought After Cash Loss

In Agawam on June 3 three men believed to be the same trio seen around the village last week robbed the distillery. They escaped with about $140, including $75 in pennies, and authorities seek suspects as police investigate.

Agawam

Equitable leaders seek unity over life insurance future

The Equitable's James W. Alexander and James H. Hyde agreed to set aside differences and cooperate on Equitable matters focusing on life insurance. They reportedly consider Robert T. Lincoln as the best candidate for board chairman, though confirmation remained unclear.

Mr. Mills James W. Alexander James H. Hyde Equitable Wall Street Robert T. Lincoln

Frick Committee Report Criticizes Equitable Leadership

Liberal excerpts publish the 38 page Frick committee report to Equitable Life directors. It urges radical management changes, condemns excessive salaries and expenses, and calls for careful investments and clear moral accountability. President Alexander defends himself against Hyde charges while syndicate deals show mixed outcomes and potential gains offset by breaches of propriety.

New York Equitable Life Assurance Society Frick James W. Alexander Hyde Alexander Alxander

Depew comments on Frick report and resignations

Senator Chauncey M. Depew spoke on the Equitable meeting held yesterday. He said adoption of the investigating panel's report would imply universal agreement with its contents, which he argued was impossible due to the plan attacking the deferred dividend policy. He cited composite causes for the Frick Harriman and Bliss resignations and did not anticipate further resignations.

New York Chauncey M. Depew The Equitable Messrs Frick Harriman Bliss

Equitable officers defended after Frick committee findings

Mr Depew defended the society's officers and argued the Equitable had gained money, grown assets and increased surplus in five years. He said resignations could be disruptive and disputed the Frick committee figures, insisting the surplus is over 80 million dollars and that Mr Frick acted with utmost conscientiousness.

Mr. Depew Maddox Depew Equitable Frick Frick-Harriman

Three Russian ships flee to Manila under flag of surrender

The Bedovi bearing Admiral Rosestvensky and staff surrendered after damage and lack of coal. Japanese escort to Sasebo, with an armed guard on board to prevent recapture. The other ship fled, while the third escaped earlier as the group crossed rough seas aboard the Sazanami and Akashi convoy.

Red Cross Rosestvensky Rojestvensky Sazanmi Bedovi Akashi Sasebo

Togo lists ships that escaped after battle

Admiral Togo reports the Russian vessels not sunk or captured include the protected cruisers Oleg Aurora Izumrud and Almaz, plus three transports two destroyers and a tow boat. The Oleg and Aurora were seen on fire and may have escaped. Izumrud reportedly blew up after running aground in Vladimir Bay. Almaz reached Vladivostok.

Tokio Togo Ural Kamcchatka Irtessim Oleg Aurora Izumrud Almaz St. Petersburg Vladimir Bay Vladivostok

Ammunition Gone as Nebogatoff Surrenders

In St. Petersburg on June 8 officials announced that ammunition on Nebogatoff’s ships was exhausted at surrender, a condition allowing surrender under Russian naval rules. Many naval men believed the ships should have been sunk. Mutiny rumors persist, though the admiralty cites no solid evidence. after Madagascar mutinies, some sailors were shot by orders of Admiral Rojestvensky.

St. Petersburg Nebogatoff Admiralty Madagascar Rojestvensky

Thirty naval commanders take part in battle at sea

Tokio June 3 Third naval commanders participated in the battle of the Japan sea. Vice Admiral Togo as commander in chief led the first squadron, Vice Admiral Kamimura led the second, and Rear Admiral Kataoka led the third. Chiefs of staff were Admiral Eto Captain Fujy and Captain Saito. Squadron division commanders were Vice Admirals Dewa Uru and Mitsu, with Captains Yamada Shimamura Taketomi and Kokura.

Tokio Japan Sea Togo Kamimura Kataoka Eto Fujy Saito Dewa Uru Mitsu Yamada Shimamura Taketomi Kokura

Admiral Rojestvensky Resting After Injury

Tokio June 3 reports Vice Admiral Rojestvensky resting well with no dangerous symptoms and expected speedy recovery. Officers aboard the battleship Orel have declined to accept parole and have been granted another day to deliberate the question.

Tokio Rojestvensky Orel

Battle costs Russia about seventy three and a half million

St. Petersburg report from June 3 notes the press chorus for convoking a semsky Sobor to voice the people’s war wishes continues. Even radical papers join in the discussion as the public mood weighs on policy.

St. Petersburg Semsky Sobor

Russia Faces Heavy Losses in Sea of Japan War

The St. Petersburg Gazette estimates Russia’s financial loss from the battle of the Sea of Japan at 73.5 million dollars, reflecting a substantial economic impact alongside military setbacks.

St. Petersburg Russia

Japanese Celebrate Sea of Japan Victory Parade in Honolulu

Honolulu observed the sea of Japan naval victory with a torchlight and lantern procession last night. About four thousand Japanese residents joined the parade through the city streets.

Honolulu Sea of Japan

Survivors describe Japanese tactics sinking of Oslyabya at Nagasaki

Survivors state that Japanese maneuvers drove part of the Russian fleet under fort fire on Tsu islands, sinking the battleship Oslyabya. Russian ships, split by torpedo attacks and lack of lights, aimed only to reach Vladivostok. ammo was scarce and marksmanship poor.

Nagasaki Tsu Islands Oslabya Vladivostok

Missionary Yachts Collide in Portland Harbor

In Portland Maine on June 3 the 30000 vessel Coronet used by Rev Frank W Sandford and the Wanderer collided. Both ships held many of Sandford’s followers aboard and no sinking occurred. Coronet sustained damaged davits rail and rigging while Wanderer remained undamaged. The Coronet had provisions and supplies for a voyage to the Mediterranean and Southern Europe.

Portland Mediterranean Europe Holy Ghost Us Society of Shiloh Frank W. Sandford Wanderer Maine Sandford

Welsh Colliery Combine Talks in Swansea Meeting

Representatives from 24 anthracite collieries met in Swansea on June 3 to study opening negotiations with other owners for forming an anthracite combine with a capital of 1000000 dollars.

Swansea Wales

Death of Rev. Thomas Richey Emeritus Prof at Seminary

New York June 3 Reverend Thomas Richey D D emeritus professor of ecclesiastical history at the general theological seminary died today aged 74 years.

New York Thomas Richey General Theological Seminary

Health and Strength Belief in Holister's Tea Ad

A vintage advertisement asks readers if they feel weak or in pain and promotes Hol lister's Rocky Mountain Tea priced at 5c. The short copy mentions El lingwood & Co as the seller, reflecting old time medicinal sales language and branding.

Hollister Ellingwood & Co

Also Mentioned on This Page

New York Market Clearing House Heinze Greene Consolidated Copper Company Pennsylvania State Street Exchange Nebraska United Fruit Company Atlantic Fruit Company Shannon Copper Company President White Montana Coal & Coke R. G. Dun & Co Bright, Sears & Co Merrimack St Union Bank C. N New York Stock Exchange Mass Alecht Ss. Guild, Banter Curtis & Sederquist Bears Henry Clews & Co United States Corey, Milliken & Co Boston Market Arch Prd B&o Ee Eees Ches & Ohio Chi & Gt W CFI See E Eee St Paul Rock Island D&h Seeees Erie RR Erie Ist Pf Int Paper Int L&n Eeeeee St Ry Mo Pac StLé& S&s Pfd Tenn C & I Tex & Pac UN Pac See U S Steel U S U S Leather Bé&A Isle Royal Corey, Milliken & Go Bankers and Brokers State Street U. S. Mining Curtis Sederquist Bankers New York Consolidated Stock Exchange F. W. Mills Mgr Congress St Broadway Osceola Stereo Quincy Shannon Trinity Utah AT & T Michigan H. H Atwood Frick Committee Sen. Depew Manila Admiral Rojestvensky Adams Appleton Bank Nicholas G. Norcross Insurance Central Street Thorndike St Wallis Smith Lowell Polish CO 247 Market Street C. B. Coburn Co Market St Lull & Hartford Welsh Colliery Combine DR. Richey Wamesit National Bank Cvccscsceer Ewe U.S Oso Cscvesoeesieceesnes Liabilitiues National Bank Grope Sances Srtea Total State Mippiesex Ss. I. C B. Haus H. Haynes Wm. H. Wieet Lord Talbot London Edmund Talbot House of Commons Chichester the Treasury
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