Stock Market Ends Mixed as Peace Prospects Help Close
Monday afternoon trading showed a heavier tone in Boston with limited gains among various stocks. New York activity lagged though sentiment improved with peace talks, lifting rails and steel while Amalgamated eased and Greene Consolidated fell on reduced dividend. coppers remained strong overall.
MENTIONED IN THIS ARTICLE
Boston
Osceola
New York
Metropolitan
Undertone
Amalgamated
Greene Consolidated
Market Opens With Irregular Declines In New York Stocks
New York opening sees pressure to realize profits with wide declines and mixed gains in early trades. Amalgamated Copper Union Pacific Atlantic Coast Line and Metropolitan Street Railway show notable moves as volatility and irregularity dominate the session. By noon trading remains dull with prices near Saturday's close, while a late brisk buy in metals lifts some values and parity is restored by 2 pm with Pacifics and coalers among leading movers.
MENTIONED IN THIS ARTICLE
New York
Atlantic Coast Line
St. Paul
Amalgamated Copper
Union Pacific and Metropolitan Street Railway
Union Pacific
Futures Opened Quiet but Firm in New York
Futures opened quiet but firm with July 8.18, August 8.27, September 8.30 bids and later months up to 8.59. Spot closed quiet with middling uplands at 8.70 and middling gulf at 8.95. no sales reported.
MENTIONED IN THIS ARTICLE
New York
Uplands
Gulf
Money market quotes and exchange balances
Money on call easy at 2 percent. Prime mercantile paper at 3 4 and 4 percent. Exchanges total 138,456,867 dollars with balances of 7,311,019 dollars.
MENTIONED IN THIS ARTICLE
Prime Mercantile
Copper Market Holds Firm With Strong Demand Signals
The copper market shows little change in recent days as producers report strength and buyers fail to secure concessions. Foreign demand remains excellent with oversold London prices likely to rise on cover moves. Domestic consumption stays solid, shipments to China resume at scale, and analysts expect prices to hold firm or advance further into the coming season.
MENTIONED IN THIS ARTICLE
London
China
Market Outlook Turns Bullish Amid Crop Optimism
Amalgamated sentiment turns bullish as crop conditions compare favorably with past seasons. Brokers say worst times are over and dullness fades. Seasonable weather, some rain, and a copper boom for Boston fuel market optimism. N E Cotton Yarn runs near full capacity earning about 800000 dollars yearly. Dominion Iran secures 20000 tons of rails from Intercolonial Railway before year end. Wheeling & Lake Erie plans sale of 2 million dollars of bonds.
MENTIONED IN THIS ARTICLE
Dominion
Iran
Intercolonial Railway
Tarasca Mexico Mine Stock Offered in Lowell Ad
Splendid opportunity to obtain shares in an operating good paying mine. Stock is close held and limited. Contact JOHN W. BILLINGS at P. O. Box 422 Lowell Massachusetts or call Tel. 1032-2 for details.
MENTIONED IN THIS ARTICLE
John W. Billings
P. O. Box
Lowell
Mass
Market and corporate notes from Paterson to New York
The report highlights corporate actions and prospects including United Shoe Machinery Company’s annual meeting in Paterson where the board was re-elected, revised near-term prices, and plans for improvements. It notes Paul Morton’s ambition for orderly reform in Equitable Assurance and confirms the New York New Haven and Hartford Railroad Company’s quarterly 2 percent dividend payable June 30 to stockholders of record June 13. It mentions the Osceola dividend likely at 2.50, Shannon Copper Company projecting 15 million pounds of output with per-share net profit of 1.50 to 2.00, and state investments in municipal bonds by State Treasurer Chapin. It covers Adventure mine May prospects, shaft work on No. 3, and productive Knowlton and Butler veins, while Evergreen disappoints.
MENTIONED IN THIS ARTICLE
The
United Shoe Machinery Company
Paterson
N. J
New York, New Haven and Hartford Railroad Company
Shannon Copper Company
Knowlton
Butler
Copper stock notes and bond share summaries list
Amory Mfg Co 3 per share June 15 Appleton Co 4 p.¢ June 15 Bigelow Carpet Co 2.50 per share July Lee Lowell R R 4 per share uly Boston Maine com 1.75 per share July 1 Chic June Rus U S Y Co pref % p.¢ com 2 p. c. July 1 Copper Range Cons 1 per share July 1 Gen Electric Co 2 per share July 15 Greene Cons Copper 4 p.¢ June 20 Int Paper Co pref 1% pc July 1 Teziutlan Copper 1% p. c. quar ard &% p. c. extra July 1 Un Shoe Machinery pref 1% p. c. com 2 p.c. July 15
MENTIONED IN THIS ARTICLE
Amory Mfg. Co
Appleton Company
Bigelow Carpet Co
Ee & Lowell R. R
Boston & Maine. Com
Rus
P. c
Copper
Gen. Electric Co
Greene
Int. Paper Co
Teziutlan
P. c. Quar
P. c. Extra
UN. Shoe Machinery
P.c
Public Deposits Delayed Second Installment Deadline Extended
The secretary of the treasury announced that the second installment of public deposits from depository banks need not be paid on July 1 and may be made at any time on or before July 15. About 12 million dollars remained unpaid.
MENTIONED IN THIS ARTICLE
Washington
Secretary of the Treasury
Treasury
War Department invites proposals for Philippine railways
Washington June 11 The War Department releases Taft invited proposals for building railways in the Philippines under February's act. Scheme includes tax terms 0.5 percent of gross earnings to the Philippine government and 30 year 4 percent first lien bonds limited to 1.2 million yearly interest. Bids from US or Philippine citizens and corporations. Total mileage about 1133 miles. longest line 260 miles. Possible acquisition of Manila to Daogupan railway.
MENTIONED IN THIS ARTICLE
Washington
War Department
Taft
Philippines
Congress
United States
Manila
Daogupan
Annual Communion for Christian Scientists in Boston
Boston June 11 More than two thousand members from distant towns attended the annual communion at the First Church of Christ Scientist despite requests to stay away. Two identical services were led by Prof Herman Hering with Mrs Ella Williams assisting. A telegram from founder Mary Baker Eddy was read thanking the congregation and urging unity and neighborly love.
MENTIONED IN THIS ARTICLE
Boston
First Church of Christ, Scientist
Christian Science
Herman
Hering
Ella E. Williams
Mary Baker G. Eddy
Schooner Rebecca J. Moulton Rescued From Rocks
The three masted schooner Rebecca J. Moulton, grounded off Pasque Island for over a week, was pulled free by the tug Storm King today and moved to Vineyard Haven. Capt. Wright’s vessel, bound from Savannah to Boston, will sail after temporary repairs. Owned by J. H. Conat & Co. of Boston.
MENTIONED IN THIS ARTICLE
Pasque Island
Rebecca J. Moulton
Wright
Storm King
Vineyard Haven
Savannah
Boston
J. H. Conat & Co
Harvard Crews Leave for Red Top Training Camp
The Harvard Varsity eight and four oared crews headed from Cambridge for Red Top, New London, to train ahead of the June 27 boat race with Yale on the Thames. Seventeen rowers, racing shells, and the launch John Harrard traveled under coach James Wray and expected to row before dark upon arrival.
MENTIONED IN THIS ARTICLE
Cambridge
Harvard
Yale
Thames
Red Top
New London
John Harrard
James Wray
Plans to settle Texas lands with Japanese colonists
The St. Louis and San Francisco railroad plans to develop over 65,000 acres in southwest Texas for Japanese colonization. Rice and garden cultivation will expand across the reservation, attracting Japanese capital and settlers in the fall. The project could spur similar actions by other firms to populate lands along rail lines.
MENTIONED IN THIS ARTICLE
St. Louis
San Francisco
Texas
Russia’s assertion of Europe bulwark and eastward reach
Novoe Vremya editorial stresses Russia as Europe’s shield against a yellow peril and argues Russia must expand eastward to its warm waters. It notes Russia’s conquests on Turkestan and Central Asia and suggests peace with Japan hinges on recognizing Russia as an Asiatic power. The Ga zette reports Pobedonostsev, the procurator general, has recovered and may travel abroad for treatment.
MENTIONED IN THIS ARTICLE
Novoe Vremya
Russia
Europe
Turkestan
Central Asia
Japan
M. Pobedonostself
The
Holy Synod
No Hitch in Peace Plans Confirmed by Russia
St. Petersburg June 12 The Foreign Minister Lamsdorff has notified continental powers that a meeting of plenipotentiaries to discuss terms of peace is assured. Russia awaits Japan’s official favorable reply to Roosevelt’s message and will forward its answer. No evidence supports rumors of Russia seeking only to learn conditions while gaining a stronger Manchurian position.
MENTIONED IN THIS ARTICLE
St. Petersburg
Lamsdorff
Russia
Japan
Roosevelt
Associated Press
Manchuria
England Urges Russia to Accept Peace Terms
London report from June 12 notes no cabinet or ambassadors present for Whitsuntide. Britain supports President Roosevelt's push for peace talks between Russia and Japan and is urging Tokyo to accept the most lenient terms possible. Foreign Office did not comment awaiting Lansdowne.
MENTIONED IN THIS ARTICLE
England
Russia
London
Roosevelt
Japan
Foreign Office
Lansdowne
House of Commons
Witte Leaves St Petersburg for Abroad on Public Business
In St Petersburg on June 12 at 12.25 pm M Witte president of the committee of ministers departs for abroad in two weeks to pursue public business connected with peace negotiations. The move follows signals that Emperor Nicholas may engage if Japan offers a reasonable basis for talks, leveraging his stature as the empire’s strongest statesman.
MENTIONED IN THIS ARTICLE
St. Petersburg
M. Witte
Committee of Ministers
Nicholas
Japan
Japs Occupy Russian Positions in Manchuria
Tokyo reports from Manchurian headquarters that on June 9 to the north of Changtu and surrounding areas Japanese forces drove the enemy from Liangshuichuan and Nanchengtau and occupied positions near Erhshihlipa Sinshgai Tungchiafzu and Hoinglungshan while noting no change in the overall situation.
MENTIONED IN THIS ARTICLE
Tokio
Liangshuichuan
Nanchengtau
Erhshihlipa
Changtu
Sinshgai
Tungchiafzu
Hoinglungshan
Delay changes president plans to meet in Washington
President alters schedule for the trip to Oyster Bay to stay in Washington longer. He will finalize preliminary talks with Russian and Japanese representatives here, bypassing a planned stop after Williams College. The president now leaves Boston late June 28 and arrives in Oyster Bay on June 29 after Harvard events.
MENTIONED IN THIS ARTICLE
Washington
Far East
Oyster Bay
Russia
Japan
Clark University
Worcester
Mass
Williams College
Williamstown
Massachusetts
Harvard
Boston
Attack on Fort Howard Reported as Naval Exercise
Baltimore dispatch describes an early morning attack on Fort Howard with three torpedo boat destroyers reportedly sunk by artillery. Forts Armistead, Carroll, Smallwood, and others opened fire as worden Whipple and two other destroyers were said to be destroyed while one hit a mine.
MENTIONED IN THIS ARTICLE
Dickins
Fort Howard
Worden
Whippie
McDonough
Stewart
Lawrence
Sandy Point
Forts Howard
Smallwood
Armistead
Carroll
Whipple
Texas
Seven Foot Knoll
Bay
Tows
Ward Poole's Island
le Coe
Mayor Dunne Addresses Team Owners Convention
Chicago June 12 The third annual convention of the Team Owners of America opened with Mayor Dunne delivering the welcome. He addressed the teamsters strike and vowed city safety and peace, assuring no need to deploy extraordinary powers at present. Reports from various committees dominated the day’s session.
MENTIONED IN THIS ARTICLE
Chicago
Team Owners of America
Dunne
Teamsters
Cordova's Conviction Stands in New Jersey Case
Justices Dixon and Swayzee dismissed the writ of error sought by Rev. J. Frank Cordova after his conviction for abandonment of his wife. The South River minister, who eloped with Miss Julia Bowne, begins a four year term in state prison.
MENTIONED IN THIS ARTICLE
Trenton
N. J
Dixon and
Swayzee
J. Frank Cordova
South River
Cordova
Julia Bowne
Mont Pelee Uneasy Activity Reported Near Martinique
From Fort de France on June 12, Mont Pelee has shown renewed volcanic activity, stronger than April but not deemed alarming. Officials note ongoing tremors and minor ash emissions with no immediate danger to nearby settlements.
MENTIONED IN THIS ARTICLE
Yort du France
Martinique
Mont Pelee
Dull Country Life Quips From Cleveland Leader
A brief snippet quotes a rural locality line about country life and labor. The speaker contrasts dullness with hard work, noting long hours spent turning the grindstone. The tone reflects a prairie or small town newspaper voice from the era.
MENTIONED IN THIS ARTICLE
Cleveland Leader
Stock Shares Stolen On Way To Boston
In an overnight steamer theft on the Puritan en route to Fall River, H W Comstock reports securities valued at 120000 were taken from an envelope under his pillow after a window was left raised. Comstock notified the steward and police. authorities pursue the thief who fled on an early train.
MENTIONED IN THIS ARTICLE
Boston
Poughkeepsie
Comstock
Fall River
Puritan
H. W. Comstock
Also Mentioned on This Page
New York Market
Money Market
N. E
U. S. Leather
Wheeling & Lake Erie
Mexico
Paul Morton
Mr. Morton
Bigelow
Chapin
John B. Cotton
Oston Market
Atchison
B&o Ween
B & O Pfd
Can Pac
Ches & Ohio
Chi & Gt W
St Paul
Rock
L&n
Manhattan
Met
St Ry
Mis Pac
ME Et
Me&tpfd
Nat Lead
Nyc
Nyo&w
Pac Mail
Penn Rail
People’s Gas
St L &S Pf
Tccé&Él
Tex & Pac
O UN Pac
U S Steel
U S
Wabash Pfd
W U Tel
We&le
Cfistenee
B&a
B&m
Isle Royale
Michigan
Utah
Steaee
U .S
T&t
Wruit
R. R. Colonization Scheme
Chicago Daily News
Frank W. Howe & Company
Bankers & Brokers
Howe Bik
Merrimack
Prescott Sts
J. F Oliver & Co
Broadway
N. Y
New York Consolidated Stock Exchange
Bright, Sears & Co
Merrimack St
Union Bank
C. N
Boston Stock Exchanger
New York Stock Exchange
Dorothy Dodd
Oxfords
F. H. Pearson & Co
Admiral Dickins
Baltimore, Md
Fort Monroe
Army
Navy
Baltimore
Chesapeake Bay
Capes
Mayor Dunne
Dor. A. W. Bur
Shattuck St
Royal
Vienna
Bonn
Haviland & Co
Limoges
Greenwood Broz
Greenwood Bros
Central Street
Chas, Wheeler Tunes
Lowell Polish CO
Market Street
Aibgoyette
Thorndike St
Raymond & Whitcomb
Poland
Spring House
Muskoka Lakes
Niagara Falls
Saguenay
the Adirondacks
Yellowstone Park
Canadian Rockies
Raymond & Whitcomb CO
Washington St
Old Southchurch
Union Square
Chestnut Street
Philadelphia
Sapolio
White Mountain
Thompson Hardware Co
Uptown Hardware Store
W. T. S. Bartlett
Optician
Geo
G. Bogere
Merrimack Street
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