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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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Hollister
Ellingwood & Co
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