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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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
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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
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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
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Houston
Bloom
Creesses
Shee
Union Tel
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Chat
Norfolk & W
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Pac
Cal
Lata
Tex. Pac
L. Eicikeesee
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Del
Burl
States x
Aeeteee Sa
Eeerts
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L & Pac
Sme
Wells Fargo
Bbc
Seule Kane District
Colum
Bos Hart & Erie
Bau
Tau
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Caledonia
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Cen. Pac
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Markest
St L
City Mills
Southern
Detroit
York
P.c
St L's
Great Britain
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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
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Pittsfield
Sarah Burbank
Bell
New York City
Edward D Bell
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James H and
Elizabeth Bancroft
Cash
Beachmont
William E Cash
Coe
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Ann Cassidy
Doolittle
Levi Doolittle
Sane
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Margaret M Garvey
Johnson
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William Frederick Wood
Charlies Fann
Framingham Mass
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Hawthorn
Altman, Demelman & Fuchs
Commodore Garrison
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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
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Jos A. Willard
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Chares H. Morgan
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Michael Lion
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Elijan George
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John Killeen
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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
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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
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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