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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 10, 1905

Page

7

Stock Market Advances After Settlement In Equitable Life Dispute

Saturday noon report shows a revived stock market led by gains across sectors after news of a settlement in the Equitable Life dispute. Prices rose 1 to 11 percent early, with Metropolitan Street Railway up 3 points amid brisk trading and strong bank reserves. London’s holiday reduced demand but expected crop data and squeeze on short positions buoyed sentiment. Boston followed New York’s strength.

Equitable Life London Metropolitan Street Railway Boston New York

Market Opens Higher as Equitable Life Stimulus Lifts Stocks

New York traders saw prompt buying after the Equitable Life settlement, with many issues advancing at the open. Metropolitan Street Railway rose about 2 to 4 percent, along with Union Pacific, Canadian Pacific, N Y Central and others, while profit taking trimmed gains later before strong close. Futures opened steady as the market remained firm despite dull demand, with spot cotton quiet at middling uplands and gulf prices.

New York Equitable Life Settlement Metropolitan Street Railway St. Paul Union Pacific Canadian Pacific Louisville & Nashville Reading Northern Pacific New York Central Atchison, Brooklyn Transit Metropolitan Securities, Smelting U.S. Steel Preferred Amalgamated Copper New—York Uplands Gulf

New York Market News Shows Mixed Bank Clearing Trends

The weekly clearing house banks report loan and deposit declines of 11.76 million and 12.64 million respectively, while circulation and legal tenders rise. Specie gains 946 thousand, surplus reserve up 3.78 million. Ex U S deposits rise 13.01 million. United Fruit profits praised as market rallies amid dog days vibe. Boston Exchange closed June 17. Dun’s Review notes steady manufacturing activity. Equitable viewed as strong bull feature. crops expected in government report.

New York Clearing House U.S

Market mood amid crops and Equitable fight fades

The report notes April ore production and costs, amid broader forecasts of a bumper wheat yield. It cites market outlooks on the Equitable Life settlement, Japan’s finance, China trade, and looming crop-moving money needs, with analysts predicting gradual improvement and stable conditions ahead.

Hayden, Stone & Co Faces Mixed Market Outlook

The firm notes excellent business but modest speculative value. Internationally Russia and Japan peace prospects bolster markets while domestic politics loom uncertain. Crop outlook weak overall though winter wheat may be strong. Money market firm yet bank position in New York not ideal, with possible tightening of loan rates in coming weeks.

Hayden, Stone & Co Russia Japan New York

Hollister's Rocky Mountain Tea Claims Quick Turnaround

Advertisement touts Hollister's Rocky Mountain Tea as a cure for indigestion constipation liver and kidney troubles promising relief regardless of illness duration. Product priced at 35 cents from Ellingwood & Co.

Hollister Ellingwood & Co

Spring Water From Granite Ledge Thronged by Health Board

The water lies unseen beneath a granite ledge and never contacts air until surfaced in sterilized grace packages. Massachusetts State Board of Health proclaims El-Azhar the premier spring water in the Common- market.

State Board of Health Massachusetts El-Azhar

Peace Talks Shift to Manchuria as Quarrel Persists

Report from page one indicates Japan and Russia will discuss terms of peace in Manchuria where fighting has occurred. Diplomats believe the quarrel should be settled there beyond outside influence. Britain may restrain its ally and push moderate terms Russia can accept. An armistice is effectively in place awaiting plenipotentiary names and meeting place to formalize.

Henry Clews & Co Treasury Manchuria Russia Japan Great Britain

Plenipotentiaries to Meet in Washington for Peace Talks

Washington June 10 from an authoritative source it has been practically determined that the plenipotentiaries of Japan and Russia for peace terms will hold their sessions in Washington.

Washington Japan Russia

Radical Russian Press Opposes Peace Move

In St. Petersburg June 10 85 p m radical papers, long agitating for peace, pivot to denouncing surrender of position on the Pacific and indemnity. They warn only the people should decide, while Vladivostok, indemnity and war’s end shape the crisis and govern ment tolerance of hard words. Russia’s labor and professional leagues threaten strikes and self defence if the government yields. M Witte warned no internal crisis during war, but a crisis after its end.

St. Petersburg Russia Pacific Vladivostok League of Professional Leagues Moscow Hey M. Witte Committee of Minister Associated Press

President Roosevelt praised in Germany for peace message

Berlin reports the Roosevelt peace appeal to Russia and Japan is seen as admirable in spirit and hopeful for early peace. The Russian emperor aided the form, and Russia appears ready for accord while Japan’s stance may delay terms. The view holds Roosevelt uniquely trusted to broker negotiations without broad distrust.

Berlin Roosevelt Russia Japan Foreign Office Nicholas United States

England Follows Roosevelt Note on Russia Japan Talks

London reports strong interest in President Roosevelt's note aimed at direct talks between Japan and Russia. Britain offers cordial support, though not a party to negotiations, and officials praise the diplomat handling of the effort. Japan seeks indemnity terms, with lenient treatment urged by the United States. Russia’s concessions and territorial losses loom as key issues.

London Roosevelt Japan Russia United States Jtar

Fire Devastates Williamsburg Casket Works and Nearby Buildings

A major blaze swept through the New York and Brooklyn Casket Company factory in Williamsburg Brooklyn injuring worker William Sheehan who leaped into a life net then fell to the sidewalk breaking his leg and sustaining internal injuries. The fire destroyed or damaged most buildings in a block between Wythe and Kent avenues and South Ninth and South Tenth streets displacing about ninety families. Total loss estimated at 300000 with 210000 from the casket factory.

New York New York and Brooklyn Casket Company Williamsburg Brooklyn Wm. Vogel Wythe and Kent Avenues South Ninth South Tenth Streets Casket Company

Analysts dispute Japanese indemnity estimate after 16 months’ fighting

Observers say Japan may demand around 1.09 billion dollars as indemnity, the cost of 16 months of combat. Others view the figure as inflated, arguing a nearer 600 million dollars is more realistic.

Japanese Stock Market Buoyant After Upward Drift

Tokio June 10 3 p m reports a lively upward trend in the stock market since yesterday afternoon with continued price appreciation this morning. The afternoon session was postponed two hours due to heavy transactions in the morning. Three torpedo boat destroyers will be launched at Yokosuka on Saturday June 17.

Tokio Yokosuka

Bodri's Captain Tells His Story From Shanghai

A long dispatch from Rear Admiral Reitzenstein dated Shanghai June 6 reports the Bodri commander’s account of the Sea of Japan actions. The Bodri towed to Shanghai after taking 79 sailors from the sinking Blestinschy, ran low on fuel, and was left at Shanghai to avoid loss as Kamimura’s squadron approached the Sadle islands. The Bodri and rescued crew claim Japan destroyed two battleships Mikasa and Shikishima type, plus an armored cruiser and three cruisers.

St. Petersburg Reitzenstein Ministry of Marine Shanghai Bodri Sea of Japan Blestinschy Enquist Koneling Kamimura Saddle Islands

General Linevitch Inspects His Troops

Tokio reports General Linevitch at Fengwha, directing troops to strengthen the Chanchun Kirin line for a Japanese attack. Russian reconnaissance has improved but remains cautious and predictable, allowing the Japanese to anticipate moves and limit gains.

General Linevitch Tokio Linevitch Fengwha Chanchun-Kirin

Keane Charged With False Oath In Cambridge Case

Cambridge June 10 John Keane of East Cambridge arrested on charges of taking a false oath and signing a false certificate as part of a Middlesex county grand jury indictment of 15 men. James A Montgomery, Cambridge parks chief and ex state representative, was arrested last night. Both, Democrats. Bond set at $1000 in each case. Montgomery posted bond, Keane yet to post as of 3 PM.

Cambridge John Keane East Cambridge Keane Middlesex County Grand James A. Montgomery Montgomery

Prompt action saved dozen lives in Boston blaze

In Boston on June 10 a pedestrian action prevented a tragedy in the North End as a four story brick building was set alight and an attempt to bury it occurred. Occupants were awakened by smoke and flame on the ground floor. A child escaped with police and firemen assistance. Fire started by kindlings placed in a baby carriage on the ground floor. Monetary loss was small.

Boston North End

Banker Bigelow to plead guilty in banking case

Milwaukee June 10 Former Banker Frank G Bigelow will appear in U S district court this afternoon to plead guilty to a violation of federal banking laws and face sentencing. The announcement was made by U S District Attorney H K Butterfield.

Milwaukee Wis U. S H. K. Butterfield Frank G. Bigelow United States District Court

Granulated sugar cut price at tea store

We Wish to Inform the public and our many patrons that we have cut the price of granulated sugar. Sixteen pounds for $1, delivered free to our tea and coffee customers. Tea store, 68 Merrimack street.

Merrimack Street

Firebrand Filipino Shot Ends Samar Campaign Threat

Washington received a cablegram from Manila reporting Brig. Gen. Carter’s forces surprised a Pulajanes camp at Pulajanes near Catubig on June 4. Daguhob, a Pulajan chief, and 40 others were killed, six captured. only two Canadians? no, two Americans wounded. Armaments and records taken. Daguhob’s death ends key resistance on Samar as operations continue with civil authorities.

Washington Corbin Manila Wm. H. Carter Cromwell Stacey Philippine Pulajanes Catubig Daguhob Pulajan Samar

Bazaar to Aid Hospital Continues with Committee Heads

The hospital fundraiser continues with leaders named for each department. Chairmen include Miss Eliza G. Simpson for the bazaar, Mrs. Jeanie Rodger heading the Art Gallery, and Miss Nellie L. Sladen directing the Palmist booth. Tea Room and Supper Room also list respective chairs and assistants.

Eliza G. Simpson Bertha Greene Cora A. Abbott Nellie M. Sullivan Jeanie Rodger Lillian E. McKewin Mary Curtin Lottie McElroy Nellie L. Sladen Margaret MacLauchlan Josephine EB. Cummiskey Leslie Coggeshall Edna Adams Lulu M. Lambert Dora Coote

Foley's Kidney Cure Promoted For Kidney Disorders

A compact testimonial style notice claims smoking in a powder magazine is deadly and neglect of kidney disorders is riskier. It advertises Foley's Kidney Cure as a quick fix for slight disorders and a cure for Bright's disease and diabetes, urging readers to start treatment promptly from Falls & Burkinshaw and Ellingwood & Co.

Foley Bright Falls & Burkinshaw A. E. Storey & Co Davis Square Ellingwood & Co

New York New Haven and Hartford Railroad Timetable Change

On and after October 8 trains will depart Lowell Middlesex Street Depot for Taunton New Bedford Newport Providence Pawtucket Marlboro South Framingham and a station at 710 1122 am and 622 pm. Connections at South Framingham with Boston and Albany for Worcester Springfield Albany and the West and at Concord Junction with Boston and Maine. The 622 pm train links with the New York City bound express. Sundays include extra South Framingham service. End of notice by O M Gilts Pard General Superintendent.

Merrimack Street Depot Lowell Sollows Boston Middle-ex Street A. m Weap Lawrence and Haverhill Iol Lawrer Reaving Boreton Western Salem Mass Newburyport Amesbury Portsmouth Waverhill Bridge Hampton North Hampes York Beach K. R Exeter Dover Rochester Alton Bar Somersworth N. H Saco Old Orchard Portland Lewiston Augusta Bath Waterville Fortanger Belfast Skowhegan Rockland Bangor St. John N. B Halifax Montreal Quebec Eastport Woburn Winchester Southern Division Ayer Junction Amherst Milford and Wilton Greenfield Peterboro Bennington Hillsboro Keene and Way Nashua Manchester Concord Franklin Lebanon White River Junction Warner Bradford Sunapee Newport Claremont Claremont Junction St. Johnsbury Lyndonville Wells River Montpelier Essex Junction Burlington St. Albans St. Johns Vermont Boston Air Line Quebec Express Plymouth Sherbrooke Wakefield Junction Saturda wVia Western Division Bedford Wilmington D. J. Flanders Vicket H. C. Taft Middlesex Street Taunton New Bedford Providence Pawtucket Marlboro South Framingham South Fr Ringham Boston & Albany R. R Worcester Springfield Albany Concord Junction Boston & Maine R. R New York Peace Wa Bas Endall Gen Pass

Also Mentioned on This Page

New York Market United [Fruit Boston Stock Exchange Dun Equitable Curtis Sederquist Bankers New York Consolidated Stock Exchange Missouri, Kansas Texas Central St F. W. Mills Mgr Congress St. Boston Broadway Bright, Sears & Co Merrimack St Union Bank C. N Boston Stock Exchanger New York Stock Exchange Boston Consolidated Morton New York, New Haven & Hartford Railroad Company United Shoe Machinery China James W. Cunningham James H. Childs Kuhn, Loeb & Co Henry Clews England Saco & Pettee Machine Shops R. G. Dun & Co J. S. Bache & Co Corey, Milliken Bankers and Brokers State Street Brooklyn Rapid Transit Amalgamated Centennial Frank W. Howe Bankers & Brokers Howe Elk J. F. Oliver & Co N. Y New York Consolidated Stock Exchange Rcbert S.guild Banke Boston Market Atchison Atch B&o BR & O del & Hud Erie Inter Paper L&wn St Ry. Tere Mis Pac MK & T MK & T Pfd Nat Lead Nyc NYC.& W Penn Pee Gas Sl&s Pfd Tenn Coal Tex & Pac Union Pac S Steel Www Iu Tel B&a Adventure Allouez Atlantic Anaconda Bingham Cal & Hec Centennial Isle Royale Michigan Old Dom Shannon Greene Con Trinity Sees Utah Ween Ee Wolverine Woo!pf AT & T Maess Gas Pureoxia FD. Muan & Sox Bridge ST Germany Will A. W. BI Bank Gidg Shattuck St Nova Scotia Cape Prince Edward Newfoundlt Breton Island Awa Union Wharf Hawkesbury Charlottetown A. W. Perry Transportation American Continent Yellowstope National Park Great Shoshone Falls Columbia River Mount Hood Big Trees California Yosemite Lucia Great Salt Lake Lewis & Clark Portland, Oregon Willard Massey N.E.F P.A Washington St Glasgow Londonderry Henderson Brothers Oree Murphy Applet N Cunard Queenston n—Liverpoot Saxonta Cunard 6. 38. Co., Ltd State Chas P. Sumner Grand Union Hotel Grand Central Station Lynn Cadets Boston & Maine Railroad New York, New Haven & Hartford Railroad Fast Inn Service ST. Louis Minneapolis Chicago D. J. Flanders, Gen'l Pas. and Tkt. Agt Eastern Steamship Company Maine Maritime Provinces Penobscot Bay River Bar Harbor Mount Desert Calvin Austin V. P Gen’s A. BH. Hanscom G. P T. A Ster’s Wharf
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