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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 09, 1884

Page

3

Financial Markets and Railroads Face Foreclosures and Reorganizations

Boston reports money market activity with banks discounting good paper at 5 to 6 percent and brokers offering 4 to 6 percent. Railroads face foreclosures as Western lines strain under debt, mergers rising. Union Pacific weakness and Grand Trunk negotiations raise investor caution. brokered bond sales totalled over 115,000 dollars with mixed results across rail and mining stocks.

Boston Far West The Salt Lake Tribune Southern Pacific Atchison and Santa Fe Atlantic and Pacific Atchison, Topeka and Santa Fe Chicago, Burlington and Quincy Chicago Adams and Riddle Grand Trunk Lake Shore Michigan Central Fink Union Pacific Adams Toledo Cincinnati St. Louis Iron Railroad Company of Ohio Iron Railway Company Congress Street William Robinson George W. Morse Enos C.soule Herbert Steward Moses W. Richardson Louisiana and Missouri River

Co operative Bank to Declare 34 Percent Dividend

The Co operative bank New Bedford will declare a semi annual dividend of 34 percent on July 15. The bank earned 64 percent per annum the first two years of its existence. The earnings for the year ending this month are 7 percent.

Co-operative Bank New Bedford

New York Market Ends Strong After Broad Rally

A brisk session saw stocks rise with ledgers firming as early declines drew buyers. Major gains across Jersey Central New York Central and Lake Shore helped push prices to near day’s highs while volume reached 347600 shares. A Louisville and Nashville directorate change and a five member committee proposal followed the market surge.

Wheat crop estimates and trade figures from Washington

The agricultural department pegs this year’s wheat crop at about 485 million bushels. New York dry goods imports for the week total 3.233 million dollars, with 2.924 million marketed. Year to date imports are 75.042 million, versus 77.775 million last year, while marketed goods stand at 71.954 million, below last year’s 75.950 million. Philadelphia coal shows little recovery. anthracite production to Aug 1, 1884 reached 19.166 million tons, up from 17.315 million last year. Last week’s production was 0.871 million tons, with 21 weeks remaining in the year. If the pace continues, annual output could reach 34 million tons, far exceeding demand, or bear’s estimate of 28 million would require reduced mine activity. Cattle disease spreads in the west. Wyoming declares quarantine on southern and eastern borders. Texas fever cases appear in Lancaster, Pa., prompting state quarantine. Iowa faces a fatal cattle disease outbreak. veterinary investigation underway. Commercial exchange notes 32 header cars inspected with varied grain consignments including No 2 red wheat and No 1 rye among others.

Washington Agricultural Department New York Philadelphia Pennsylvania Gov. Hale Wyoming Lancaster Iowa Commercial Exchange Chicago Milwaukee Toledo St. Louis Ilwaukee St Louis Olige Canada West Canada Vermont Franklin County Franklin Co Mass Western Choice Liverpool Cape Nyack North Carolina Kentucky York State Norfolk Russia Long Island Jersey Ristol Ferry Java Maracaibo Rio Rangoon Patna New Orleans Cienfuegos Barbadoes Porto Rico Messina Palermo Valencia Aspinwall Jamaica Baracoa Cincinnati Pittsburg Anchor Oil Company Boor & Gartian Smith & Beecher Uplands Orleans Rochester Niagara Falls International Bridge Company Niagara Falls Suspension Bridge Company Great Western Railroad Company Grand Trunk Great Western Railroad Nova Scotia Bar Harbor Alpha Yarmouth N. S Joseph R. Kinnery United States Maine Central and Eastern Railroad Payson Tucker Eastern and Maine Central Railroad Jackson Lucius Tuttle W.F. Berry W. B. Bacon Fitchburg Europe England Judge Chipman Hartford John W. Newton Clark New England Maj Newton Plainfield W. A. Cromwell, Jr Vanderbilt Fitchburg Railroad Company Buffalo Keystone Angora Michigan Central Boston Hoosac Tunnel Charles Brown Chicago, Milwaukee and St. Paul Madison Wis National Educational Association of New England St. Paul Association Kilbourn City Lake Superior Minneapolis Denver Rio Grande Salt Lake Alaska Oregon California Flambsau Club Kansas City Albany Sandwich Watson West Shore Smith New York Central Erie Baltimore Ohio Pennsylvania Central Fitchburre

CORN AND OATS MARKETS HIGHLIGHT MIXED RECEIPTS

Grain markets show light trading with mostly nominal prices. Corn receipts across Chicago Milwaukee and Toledo vary, with highs for quality and firm prices on high grades. Oats supply ample, bid and offer gaps persist on No 2 White and extra white grades.

Trade totals show mixed U S port receipts and exports

Net receipts at all United States ports reach 2 308 4 686 for the period with total receipts to date 4 756 119 5 927 893. Exports during the week 16 537 16 384 with total exports to date 8 797 112 4 632 196. Stocks at all United States 4 interior towns 10 959 25 680 and at Liverpool 827 000 922 000. Market tone mix: firm at Louisville and Wilmington, steady in New York Philadelphia and St Louis, dull or nominal elsewhere with prices 14 off at Galveston Memphis New Orleans.

Western Choice Boston Western Chicago Cincinnati St. Louis New York Tierces Western Steam Tierces City Steam Continent South America Union Stock United States Liverpool Louisville Wilmington Philadelphia Memphis New Orleans Savannah Galveston Mobile Norfolk

London and Liverpool financial report Aug 8 markets

Currency and bond prices steady with US and British issues listed. Bank of England bullion withdrawal noted at £50,000. Liverpool and London grain markets report lighter breadstuffs, mixed wheat and corn prices, and quieter Paris markets. Weather in England and Europe described as fine.

London Alantic Great Western Erie New York Central Iinois Central Pennsylvania Reading St Paul Common Bank of England Liverpool California Beerbohm Merchants’ Exchange Mark Lane Paris Liverpoo England

Foreign Exports From Hayti and Charottetown Goods

Export list from Hayti aboard Brig Mary Celeste includes 101611 feet lumber 100 cases kerosene oil 50000 shingles 34 Q41 feet spruce scantlings. secret from Annapolis via Digby with flour meal paint books lemons and other items. Annie Simpson schooner ships roofing cement shovels waste kerosene oil buggies flour 325 bbis. Bessie Williams schooner carries flour and meal.

Annapolis Digby Charlottetown Pei Annie Simpson Barrington Bessie Williams

Receipts of Staple Products by Railroads in 19th Century Trade

Receipts detail vast freight transfers across multiple railroads including Boston and Albany Grand Junction Providence Old Colony New York and New England Eastern Fitchburg Lowell Maine Peabody Salem and other lines. Quantities cover wool flour cornmeal corn malt bran butter cheese eggs bacon lard tallow leather hides skins beef beans oats and more.

Boston and Albany Railroad Grand Junction Railroad Providence Railroad Old Colony Railroad New York and New England Railroad Eastern Railroad Fitchburg Railroad Lowell Railroad Maine Railroad Peabody, Salem

Staple Receipts at Port Compared With Last Year

The table shows total receipts of principal staples at this port from all shipment points, including in transit, for August 8 compared with the same day last year, outlining changes in volume and value by commodity and origin.

Rik

Comparative Table of Weekly Receipts August 8 1884 1883

A crowded comparative table lists weekly receipts across commodities such as cotton coffee sugar flour oats molasses butter cheese eggs and meats for 1884 and 1883. It enumerates barrels sacks bbls and other units with many figures reflecting year over year changes. The entry reads like archival market data with numerous line items and totals.

Higgins's Band Plans Aug 4 Concert Schedule

Higgins's band will play Sunday afternoon August 4 starting at 4 o'clock. The program includes Grand march Dahn Post 2, Overture Crown of Diamonds by Auber, Concel Wa lez, Cornet solo Lizzie Polka by Hartman, Selection Post Dahlgren Drama, Overture Merry Wives of Windsor, Irish Patrol by Blayden, Bolero Sicilian Vespers by Verdi, Waltz Ye Olden Times by Post, and Here and International medley Here and. Conducted by C Higgins with Corps.

Nicolin Blayden Sqzpeavcen Cersees Gung Eee Menke Ee Ae Idasanse

A Suit Against Great Western Reaches Rochester Hearing

A Rochester hearing in the Niagara Falls bridge case against the Great Western railroad company ends without evidence. The suit seeks value for free annual passes and use of bridge floors under a perpetual lease, a dispute tied to a $50,000 payment and ongoing rail connections.

Lamson Sues Bennett over Invention Claims and Injunction

Court records show Wm S Lamson seeks to annul assignments of a cash railways invention arguing fraud and prior record with the patent office. An injunction previously granted was reinstated after Bennett filed a preliminary statement. proceedings now hinge on patent office actions and an interference case with Continental Cash Car Co. lawyers listed for both sides.

Wm. S. Lamson Geo W. Bennett Lamson Bennett Clark Continental Cash Car Company Maryland Patent Office Wm. Gaston E. C. Gilman and Phillips New York

Honor to the Dead Arctic Expedition Remains Arrive

The Thetis Bear and Alert arrived at harbor. A large crowd collected at Governor's Island as bodies from the Arctic expedition were landed and placed in hospital. Names and home towns listed for the fallen, with arrangements for burial and transport to final resting places. Further reception plans announced for Lieut Greely in Newburyport with parades, ceremonies, and fireworks.

New York Thetis Bear Alert Old Castle William Governor’s Island Lincoln Sheridan Capt. Reilly Gen. Hancock Catalpa Fillebrown Dispatch Minnesota Hitchcock James E. Lockwood Annapolis Peck United States H. H. Lockwood Fred. F. Kislingbury Rochester N. Y Israel Kalamazoo Mich David C. Ralston Howard Knox County Ohio David Linn Philadelphes William Cross Washington, D. C Joseph Ellison Pottsville William Whistler Delhi William A. Ellis Clyde Charlies B. Henry Troop E Fifth Cavalry Roderick R. Scneider National Cemetery Cypress Hills Navy Yard Henry Schneider Cypress Hill Germany

Record of midwestern and eastern business failures in a week

US and Canada business failures totaled 232 this week, down from 261 last week, with nearly half from western and Pacific states. Notable insolvencies include Altman, Dernel man & Fuchs of Boston seeking creditors meeting August 1, George F. Wallis & Co. jewelry liabilities around 65.37, Read Bros. & Co. shirt makers facing 30 to 40 thousand in liabilities, and various firms in Baltimore Philadelphia and Providence entering receiverships or settlements.

R. G. Dun & Co United States Canada Western Pacific Texas Altman, Dernelman & Fuchs Broad Street Sherman House Tlo Snsend George F. Wallis & Co Summer Street Boston J. Henry Sears & Co State Street Bel John H. Dane The India Mutual Insurance Company Nelson A. Baker A. F. Crowell Dennis Jay J. Read Miner Wansley No. 87 Market Street Read Bros. & Co John Roberts Read Theodore Thomas Exposition Building Read & Stanwood Major Block Burley & Usher Stonelam Bacon & Packer John F. Murphy Bunker Hill Street Charlestown George Blanchard & Co Portland O. F. Hall Gill Providence Cotton Lining Agency Providence KR. I Jacob F. Frost Lynn Salem Thomas M. Pattison & Co Baltimore Howard D. Thomas & Co Philadelphia Richard H. Forestal & Co A. R. Padden Ug.ll New York Supreme Court Edward Yards Jr., & Co Sallie Carr Shaw Charles G. Shaw Pauline Goldman Bernard Chicago Ill Sheriff Delaware Silver Mining Company Virginia City Nev Astoria Union Canning Company Columbia River

Tragedy At Connor Station In Shenandoah

A Shenandoah group crossing the Philadelphia and Reading track at Connor station was struck by a locomotive. Mr Dixon, his wife, one child, and Mr Cuff were killed instantly. the driver and an infant survived in a wagon. The carriage and horses were destroyed as the party was returning from a reunion.

Shenandoah Dixon Cuff Philadelphia and Reading Connor Station

Senator Baldwin Makes First Street Appearance Since Accident

Suburban short notes report Senator Baldwin of Lynn was seen on the street Friday for the first time since his accident. The Middlesex agricultural fair will move from Concord to the trotting park at Waltham ash and Rumford halls. William Nute, tied to cargo thefts across Chelsea Saugus and Malden, was arrested at West Ossipee New Hampshire. In Cambridge court William Campbell was held in 300 for assault with a knife on William F. Simpson for the October term. The judge in the Lew L Currier death case found the railway company not responsible for the July 14 1884 crash.

Baldwin Lynn Middlesex Agricultural Fair Concord Waltham Ash Rumford William Nute Chelsea Saugus Malden West Ossipee N. H Cambridge Court William Campbell William F. Simpson Lew. L. Currier Eastern Accient

Also Mentioned on This Page

Boston Post Finance and Trade Sterling Reichsmarks Cecenivankeseassongnetcsarevacses Inc Springfield Atlantic and Little Rock Fort Smith Marquette, Houghton Ontonagon Mexican Central Maine New York and Boston Stock Exchange Boston Mining Stock Exchange Soardh Hig St. Lo At&Ps W Tron R Inc Ny&ne Nm&sp BR & N C Sonora Ee Railroads A.T F. Ao At& Pac Weere Boston & Alb & Maine KaCy 5 & M Lou & McRiot Rutland Gs Ly Ommena Ifing Mame Rizh Atch Santa Fe Aidic Wesenes Oe Bowman Dive Breece Iron Boston Land Brunswick Herth Durango Decatur DunFin Erie Tel Eureka McKay & Bigelow Heel Mascot Bevseceses Vy Oscooia. Aeenerseerenene Csosssseee Cecereveee Ie Richardson, Hill & Co No. 40 Water Street B. Y. M. Caristian Union Union Hall Boylston Street Samuel J. Barrows Christian Register Byron A. Robinson Jabez L. Robinson New C. Ll. Venner & Co Devonshire St Auzswir NEW York Financial Prime Mercantile Shorts Western Union Pacific Mail Northwest Lackawanna Bears Jersey Central Kansas Northern Pacific Texas Pacific Louisville and Nashville John J. Carter F. O. Carley F. W. Foote J. S. Rogers J. D. Probst E. Norton H. Clark Pease Beie TS Express Oregon Nsw Sassenceeee Alten Terre Haute Cowessenrees ISG Palace Boston Air Seaareb Sur Mosacocasy Rich Canada Pacific Central Iowa Rock Island Chicago & Alton Aerneevocsens St. Pa St. Pa Mica Civapes Oveonel 0% & Que. Chi. St. L. &Ogass 82 Louis & Pa Sar Chi St. Cin Fort Pwayne S. P. Minn Hannibal St Jose Harlem Houston Bloom Creesses Shee Union Tel Nash Chat Norfolk & W VU Loewen Saet Pac Cal Lata Tex. Pac L. Eicikeesee Snavenees Del Burl States x Aeeteee Sa Eeerts Wabash St L & Pac Sme Wells Fargo Bbc Seule Kane District Colum Bos Hart & Erie Bau Tau Tata Caledonia Sierra Nevada Cen. Pac P’k & Pac Markest St L City Mills Southern Detroit York P.c St L's Great Britain Commercial Gotton Henry A Cooke Charles C Gilyard Hannah Robbins Gould—Park Wrentham George W Porter Frederick F Gould North Abington Sarah Park Joynt—Barnes J J Lewis J J Joynt M Annette Barnes Bidwell Florinda P John H Bidwell Burbank Burbank Hotel Pittsfield Sarah Burbank Bell New York City Edward D Bell Bancroft Auburndale Mary U James H and Elizabeth Bancroft Cash Beachmont William E Cash Coe South Boston Ann Cassidy Doolittle Levi Doolittle Sane Roxbury Frank Dolan Ars Garvey Margaret M Garvey Johnson Boston Harbor Victor Johnson Keith William Frederick Wood Charlies Fann Framingham Mass Sophia Wilson Railroad Matters Cyrus W. Field New York Elevated Railroad Company Burlington Alton Northw Omaha Huntingtons Central Pacific Oregon Navigation Lake Erie West Peoria Dec Ohio Central Louisville and Aeee Metropolitan Manhattan Court Record Supreme Judicial Court Colburn Newburyport Greely Flambeaux Gov. Robinson Chandler Selley Coffin Emory Lalies Lieut Central Court Parmenter Edmund Brown Florence Carr Myer McCuller Bernard Tague John Longue House of Correction James Davis Laura Webber Nellie Jordan Reformatory Davidarshall House of Industry Mary D. O’donahoe John C. Hayes Robert W. Sullivan Henry A. Frye Cornelius O Brien Superior William O’brien Roxbury Court Thomas Carroll Stamford Ben Hawthorn Altman, Demelman & Fuchs Commodore Garrison Dr. Pierce Ayer P. R. Rogcers Needmore,Brown Co Ind J.T. Haxes Mexia Ayer’s J. C. Ayer & Co Lowell America Pond Pond’s Extract CO Fifth Avenue Humphreys BR. H A.A Mange Humphrey Humphreys Homeopathic Med. CO Fulton Street Fulton Stee Ee Ark Gosteters Tomach Cogees Commonwealth Jos A. Willard Attes Massachusetts Suffolk Superior Court A. D Chares H. Morgan Frank Morgan Essex Copartners Beals & Morgan Samuel Lion Michael Lion State of Louisiana Lion Brothers Jos, A. Willard Edwin VA. Wadleigh Commonwealth of Massachusetts Probate Court Mary E. Munro Alexander M. Munro Horace Wentworth Joan W. McKux Esquire Elijan George Register John Killeen Otis M. Shaw Joan W. McKin Elijah George John McGuckian Peter Fay Jane McGuckian Board OF Police Commissioners Pemberton Square Mary A. Doherty Cambridge Street Thomas L. Jenks Police Commissioners Coleman Bailey Second Athens Streets Swan Street Police Commissioners’ Office Owen Mullen Tremont Lagrange Street Af Police Commissioners’ Office John J. Gallagher East Second Street Police Commissionees Martin D.sheedy Eighth Street Grace M. Walsh West Third Street Cushman EE En Police Commissioners Kenneth J. Mackenzie East Newton Street Harrison Avenue Alexander McLeod Chelsea Street E. B Thor Orrick Catherine Hallahan Havre Street John J. Henry & Fegan Devonshire Streets Boots and Shoes J. W. Bradley & CO John C. Wilmerding Falls OF Schuylkill” Brand John Dobson Messrs Wilson & Bradbury Wilmerding, Hoguet & CO White Street N. Ys Will Gell On Rossmore Fairview Columbia Paragon Schuylkill N. B A. S. Richards & CO Reade Street Bedford Street A. P. Taber Shoe and Leather Exchange Fall River Line Ohn C. Wilmerding White St Townsend & Fargis Leonard Street Samuel Bunting’s Lippincott Plarket Street RK. L. Daw & CO Merchants’ Exchange Building Exchange Place Ily A. M State National Bank North National Bank Highland Street Railway Co Boston & Xbury Mill Corporation National Bank Lyman Mills Cheshire Railroad Portland, Saco & Portsmouth & R Boston Marine Insurance Co Cambridge RR Co American Electric and Muminating Co Worcester Shawmut National Bank Boston and Maine R Maine Central RR St Louis County Boston and Maine RR Fort Scott and Gulf RR Ana Berkshire National Bank of North Adams Maas National Car Co Eepston Bakes Go Steam Cotton Co Peabody Ills of South Boston Gas Light Co Rutland Railroad Southern Ohio Coal & Tron Co Kim"hares Do Hill Manufacturing Co Old Colony RR City of Providence City Hall Portsmouth St Paul Wisconsin Tremont, Elk & Missour, Val Connorion Valley Third National Bank Framingham National Bank American Electric and Aluminating.Co Bath Lawrence & Southern Islmes Milwaukee & St Paul Hoosac Tunnel Dock and Elevator Co State of Missouri RR L Rancis Hen W & CO Femakers Exskarce McKay and Bigelow Ascoctalon Arkecuesvuny Town Lot Co Ipa Mil Metropolitan Rro Co Cambridge R. R Co Manufacturers’ Insurance Co Hartford Fire Insurance Co Eighland Street E Co Fremont Elkhorn Missouri Valley R R American Electric and Diuminating Co American Electric and Illuminating Co Boston Athenaeum Naumkeag National Bank Boston and Maine Railroad National Sl Grand Bank of Marblehead First National Bank Wobirna American Electric and Marquette, Houghton and Onionagon Yale and Towne Foxbury Mill Corporation Om Diego En — Auso Lot Co Bverett Mills Douglas Axe Co Hamilton Woollen Mills Lancaster Mills Shoe and Leather National Bank Chapman Valve Manufacturing Co Chapman Valve Mfg Co First National Bank of Blackstone National Bank Globe National Bank State Nationa Suffolk National Bank Marquette Houghton London & Northern Indianapolis City of Columbus Atlantic & Pacific Boston Chair Manufacturing Co Nashawannuck Manufacturing Co Ocean National Bank of Newburyport Manufacturers Insurance Co Chicago and Eastern Illinois RR Saco Marquette, Houghton & Ontonagon RR Melitan City of Cowley, Sumner & Ft Smith RR Arch LG Burlington and Missouri Burlington and Quincy Pueblo and Arkansas Valley New Mexico Atchison, Topesa Santa Fe Plain Missouri River Chicago, Burington Quincy Marquette, Houghton & Ontonagon Houghton & Qatonagon Gs Lehigh Joseph F. Dean Hazelton Bpampkin & Stove Cumrland Sidney Tirrell LL & CO Federal St Chas W. Sawye Read Aucion Bee City Square Morigagret Daniel E. Chase Somerville Charlestown Five Cents Savings Bank County of Middlesex Medford Street Ezekiel Byam Said Byam Arthur W. Benson Mystic River Powers Edmands Chase James Dana Charles D. Elliott Middlesex Sc. Dist John P. Tarbell National National Home D. W.S. Hartford Conn Central Branch Montgomery County Northwestern Milwaukee County W. B. Franklin Board of Managers WM. C. Oodman J. G. Freeman Kilby Street J. Stacey Read Washington Sts WESZ Park Row Albert Howe & Co Brighton John Nston Osgood Chaar Street Horatio Harris & CO
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