Stock Market Dull With Small Shifts Across Sectors
The Boston market was quiet with slight losses in some industrials and gains in copper shares. Illinois Central rose about one percent amid old dividend rumors. U.S. Mining fell a point while Massachusetts Electric moved up with system prosperity. The New York exchange was dull and activity limited, bonds irregular, and by 2 p.m. professionals thinned as lower prices prevailed.
MENTIONED IN THIS ARTICLE
Boston
New York
Sheepshead Bay
Illinois Central
New York Exchange
Massachusetts
U. S
Wisconsin Central
Steel Foundries
New York Cotton Futures Open Higher on Futures and Spot Rally
Futures opened easy in New York on June 15 with June at 8.30 and January at 8.66. July 8.56, August 8.37, September 8.42, October 8.52, November 8.58, December 8.62, February 8.72. Spot closed quiet, up 15 points, with middling uplands at 9.10 and middling gulf at 9.85. no sales reported.
MENTIONED IN THIS ARTICLE
New York
Uplands
Gulf
Western Union dip in earnings and bank mergers loom
Short summaries note Western Union earnings dipping as telephone use grows. Boston banks move toward a large merger swallowing three smaller outfits. Massachussets Electrics stock responds to hot weather while Osceola Consolidated Mining directors plan a June 27 dividend meeting. Amalgamated Copper reports strong demand and resists new orders. United Fruit declares a 1 percent quarterly dividend payable July 15 to holders of record June 30. Calumet and Hecla reportedly acquired the Central mine in Keweenaw. No Allouez stock assessments expected this year. Copper exports expected to exceed prior month by 25,000 tons with $100,000 invested in United Copper by Butte residents.
MENTIONED IN THIS ARTICLE
United Fruit Co
Mining News and Market Briefs
The report notes American Woolen plans a 10 to 25 percent price rise this season due to higher wool costs. The Martin Mullen discharged 7306 tons of coal at Copper Range wharf, the largest cargo to Portage Lake. Copper G. M. B. quotes and market notes show little change while Steel preferred volume is questioned. Explorers drill at Clark mine in Keweenaw County under Calumet Hecla option. United States Mining Company shares ratified a 100,000 new stock issue in Portland. Mexican Central Railroad files charter increase to 100 million capital with 21.125 million for property, and 5 million for Mexican Pacific purchases. Greene Consolidated stock plunge follows directors report questioning costs and produced gold value. Col. Greene travels to Mexico.
MENTIONED IN THIS ARTICLE
Martin Mullen
Copper Range Wharf
Portage Ake
United States Mining Company
Portland
Mexican Central Railroad Company
Massachusetts Corporation
Secretary of State
Mexican Pacific Railroad
Greene Consolidated
New York
Greene
Col. Greene
Mexico
All Greece Mourns for Dead Premier
The chamber of deputies adjourned after funeral rites for assassinated Premier M. Dolyannis. King George presided at a cabinet council and ordered ministers to retain posts. no new premier will be appointed before the funeral.
MENTIONED IN THIS ARTICLE
ALL
Greece
Athens
Chamber of Deputies
M. Dolyannis
King George
M. Delyannis
States enact flag protection laws cited at A A R meeting
New legislation to protect the American flag was reported as part of the year’s work at the American Association meeting in New York. Four states North Dakota Idaho Kansas and Wyoming passed new laws. Col Ralph E Prime and General Henry S Peck reported the developments.
MENTIONED IN THIS ARTICLE
New York
American Association
Ralph E. Prime
Henry S. Peck
North Dakota
Idaho
Kansas
Wyoming
Members New York Consolidated Stock Exchange Notice
Market letter this week outlines the current situation and facts for members. Amalgamated Missouri Kansas and Texas mailed free on application. Lowell Office tel and addresses listed for F W Mills manager in Boston and New York trade offices.
MENTIONED IN THIS ARTICLE
J. F. Oliver & Co
Broadway
N. Y
New York Consolidated Stock Exchange
Amalgamated
Missouri
Kansas
Tex
Crop condition improves in New England after rains
Weather bureau reports show substantial improvement in New England crop conditions after widespread rains. Dormant seed sprouting, fields replanted, and potatoes catching up. overall planting near two weeks late but progressing. Hay and pastures revived, fruit prospects steady with apples steady except Baldwins, peaches promising. frost damage limited. CanK er worms and brown tail moths noted, berries damaged by frosts. millet and Hungarian grasses prep underway for large forage acreage.
MENTIONED IN THIS ARTICLE
Weather Bureau
New England
Massachusetts
Faribault Bank President Pleads Not Guilty
Thomas B. Clement former president of the First National Bank of Faribault appeared in U S district court in St Paul on 18 counts, entering not guilty pleas and a demurrer to remaining charges. Trial scheduled for June 21 before Judge Lochren.
International chess tourney third round in Ostend
In Ostend Belgium on June 15 the third round of the international tournament began. After lunch adjournments Janowski defeated Tschigorin and Burn drew with Maroczy, with all other games adjourned to the afternoon session.
MENTIONED IN THIS ARTICLE
Ostend
Belgium
Hadeen
Janowski
Tschigorin
Burn
Maroczy
Hollister's Rocky Mountain Tea Promises Pain Relief
Pain may go by many names such as rheumatism neuralgia lumbago or pleurisy. Hollister's Rocky Mountain Tea claims to drive them away with a remedy sold by Ellingwood & Co at 36 cents in tea or tablets.
MENTIONED IN THIS ARTICLE
Hollister
Rocky Mountain
Ellingwood & Co
Suburban Handicap at Sheepshead Bay Draws Big Crowd
The twenty second Suburban Handicap at Sheepshead Bay features twelve top thoroughbreds including Beldame Delhi and Adbell with a $20,000 purse. Weather is ideal, big turnout expected, and a stacked supporting card precedes the main event.
MENTIONED IN THIS ARTICLE
New York
America
Sheepshead Bay
Beldame
August Belmont
James R. Keene
Brooklyn
Delhi
John BE. Madden
Adbell
Coney Island
Deli
Cairngorm
Delns
Ben Brush
Keene
West
First Mason
Bad News
Alan Dale
Miss Crawford
Graziallo
Jacquin
Ostrich
Mackay Company Shares Change its Corporation Agreement
Boston June 15 shareholders of the Mackay Company voted to modify the trust deed and corporate agreement to add flexibility. Changes include at least five trustees, altered earnings use, quorum and voting rules, quarterly dividend dates, and annual meeting schedule with reports to shareholders. Nine-tenths of $76 million invested were represented.
MENTIONED IN THIS ARTICLE
Boston
Mackay Company
Wm. W. Cook
Kidney Disease Healed After Foley Cure Three Bottles
W L F Yaney of Paducah Kentucky says three top doctors failed to help his severe kidney disease. He found relief from Foley's Kidney Cure with one bottle and permanent cure after three bottles. Falls Burkinshaw and Davis Square firms endorse. Yaas, Cholly, and Miss Sharpe speech snippets appear in note.
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W. L. F.yanéy
Paducah, Hy
Kentucky
Foley
Falls & Burkinshaw
A. & Storey & Co
Davis Square
Ellingwood & Co
Yaas
Cholly
Miss Sharpe
Philadelphia Ledger
Monopoly of the saloons planned in Los Angeles
Initiative petitions will seek to grant a benevolent corporation a monopoly over Los Angeles saloons. The Gothenburg style system would cut saloons from 200 to 75, close residence district outlets, and replace them with coffee clubs while guaranteeing $186,000 yearly revenue to the city and capping profits at six percent. Profits above $210,000 would fund public improvements.
MENTIONED IN THIS ARTICLE
Los Angeles
Cal
Gothenburg
Tig Corporation
Washington selected for peace conference
The piece notes the peace conference for Russia and Japan is unlikely to convene before mid August or later. Arrangements for plenipotentiaries may be completed around July 1 or slightly after, with diplomacy moving slowly due to distance and potential minor delays.
MENTIONED IN THIS ARTICLE
Russia
Japan
Flood of Petitions for a Zemsky Sobor in Russia
June 15 reports from St. Petersburg show Liberal and Constitutionalist papers urging a zemsky sobor to decide peace terms. The Russ and Sviet publish calls that only a people’s assembly can legitimize peace or sustain the war, signaling a political crisis and growing public demand for broad reform.
MENTIONED IN THIS ARTICLE
St. Petersburg
Russ
National Assembly
Committee of Ministers
Zemsky
Russia
Minister Takahira at White House in brief talk
Tokyo reports that Japan's Minister Takahira visited the White House for one hour and twenty five minutes. He declined to reveal details of the discussion with the president. When asked about a peace conference location he said it was a long journey, implying a lengthy decision.
MENTIONED IN THIS ARTICLE
Washington
Takahira
Japan
White House
Austrian view of Japan peace terms outlined
Vienna June 15 observers believe Russia and Japan peace talks may succeed. Japan is thought to demand protectorate over Korea and Manchuria’s return to China, with international control of Eastern China railroads. Port Arthur fortifications likely not to trigger dispute, Sakhalin surrender unlikely, and an indemnity is possible though not definite.
MENTIONED IN THIS ARTICLE
Vienna
Russia
Japan
Korea
Manchuria
China
Port Arthur
Vladivostok
Sakhalin
Japanese Minister Seeks Peace as War Costs Rise
A brief interview quotes the Japanese minister saying Russia could have peace if it truly desires it, while the war's heavy costs provoke public appeals. The exchange highlights diplomatic rhetoric amid ongoing hostilities and domestic pressure.
MENTIONED IN THIS ARTICLE
Russia
Hague Emerges as Likely Peace Conference Site
St Petersburg reports at 2 p m that the meeting place for peace plenipotentiaries has not been fixed though The Hague appears the most likely European site. Two plenipotentiaries per side are expected, with dates to be settled by week’s end. Ambassador Meyer briefed Foreign Minister Lamsdorff and conveyed messages from Washington as negotiations run through Roosevelt, Cassini, and Takahira.
MENTIONED IN THIS ARTICLE
St. Petersburg
Hague
Europe
Meyer
Lamsdorff
Washington
President Roosevelt
Count Cassini
M. Takahira
German steamer Tetartos sunk by Russian cruiser Dun
London reports that the German steamer Tetartos was sunk by the Russian auxiliary cruiser Dun on May 30. The ship was en route from Otaru to Tien Tsin carrying a cargo of wood sleepers.
MENTIONED IN THIS ARTICLE
London
Tetartos
Dun
Lloyds
Otaru
Tien Tsin
Post Office Crooks Placed Under Arrest
Boston dispatch reports three men from New York J H Read John Whitney and James Stewart arrested in Pittsburg Pa on charges of defrauding post offices and raising money order amounts to negotiate in various cities including Boston authorities say this crime spree stretched across multiple post offices with alleged fraudulent acts and forged orders.
MENTIONED IN THIS ARTICLE
Boston
Letherman
Pittsburg
J. H. Read
John Whitney
James Stewart
New York
Rainy Season Begins in Manchuria Reports Say
London dispatch from Moji quotes Daily Telegraph correspondent noting the rainy season has started in Manchuria, mud in the roads is knee deep, yet it will not hinder military operations. Gladdening tidings may come within a few days.
MENTIONED IN THIS ARTICLE
London
Daily Telegraph
Moji
Japan
Manchuria
Canoe Upset Drowns Millinocket Man
Fred Cyr, a young worker for the Great Northern Paper Company, drowned when a canoe overturned near Millinocket on June 13. Several men assisted in dragging for the body as authorities investigated the mishap and searched the area.
MENTIONED IN THIS ARTICLE
Millinocket
Fred Cyr
Great Northern Paper Company
O'Brien Bros Tea Dealers Advertises Fresh Roasts
All grades roasted fresh daily at 227 Central Street. The Always Fresh slogan emphasizes quality coffee offerings from O'Brien Bros Tea Dealers located on Central Street.
MENTIONED IN THIS ARTICLE
O’brien Bros
Central Street
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Osceola Consolidate Mining Company
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Allouez
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Butte
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Howe Blk
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R. L. Day & CO
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Western Tel. & Tel
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International Chess
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O'Neill
Adbellee Ione
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Jacquin Sooo
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Vo Feeeeaes
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Minister Takahira
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Citizen Or Courier
Courier-Citizen CO
Graphophone Dept
Lowell, Mass
Courier
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Courier-Citizen Office
Royal
Bonn
Haviland & Co
Limoges
Greenwood Bros
Mass
Egoyette
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Thorndike St
The
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