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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Aug 12, 1891

Page

6

Commercial perfidy and ruinous debts haunt Southern merchants

Steven Ryan of Atlanta commanded a vast, fraudulent dry goods operation under John Ryan's Sons. He diverted receipts, secured $40,000 from banker Eugene Kelly, and bought vast inventories to fund a spree of gambled purchases. His collapse left about 400 creditors, mostly Jewish merchants, with liabilities around 1.6 million to 2.5 million, provoking a widespread commercial ruin in the South.

N. S. Times North Steven Ryan Atlanta Ryan South John Ryan Alexander Stewart Steve Schloss Brothers & Co T. C. Campbell Horwitz & Hershfield Schloss Bros. & Co Eugene Kelly Mr. Kelly Kelly Bol Claflin Company H. 4. Claflin Company Kilrain New Orleans Coney Island Phil Daly Long Branch Claflin Company

Unique double monument for living and dead ward leaders in New York

Two rival city politicians, Naval Officer Thomas J. Powers and Magistrate John T. Thompson, share a new Rhode Island granite double monument in Montgomery county. The 25 foot shaft bears both names on opposite fronts with a dais inscribed Friends to Life and a Grand Army of the Republic badge for Powers. Thompson rests on the right, Powers on the left in the future.

N. Y. Times Damon Phythias Thomas J. Powers John T. Thompson Thompson Powers Montgomery County Rhode Island John F. Thompson The Grand Army of the Republic

Balfour Outlines Local Government Ideas for Ireland

Mr A J Balfour Chief Secretary for Ireland spoke at Plymouth outlining local government plans for Ireland. He argued against suspicion of a small home rule pill and warned against councils controlling nonrepresented classes. He favored landowners remaining involved, cautioned on police decentralization, and predicted political shifts as land purchases take effect.

London A. J. Balfour Ireland Plymouth Morley Gladstone Fie England Scotland Rowal Balfour Mr. Balfour Grand Jury Chronicle Trish Times Dupin The Daily Express Express the Express

Tin Plate Wages in Dispute Over Labor Law Policy

The Amalgamated Association of Iron and Steel Workers assails Niedringhaus of St. Louis for seeking to set aside the contract labor law to cut tin plate wages. A spokesman says Niedringhaus aims to pay foreign workers’ prices, admitting he imported workers last May to undermine American workers’ scale. He is accused of denying the McKinley tariff doctrine.

Prrrspurg Amalgamated Association of Iron and Steel Workers Treasury Department Niedringhaus St. Louis William Weihe

Advance in flour in England

London August 11 A Leeds Millers Association meeting decided to raise flour prices by sixpence per ...

England London Leeds Millers’ Association

The Depleted Treasury Importing Delusive Debt Statements

Washington August 8 The Times notes the Tribune reacts to the debt statement as delusive not hiding the truth yet exaggerating assets. It questions the Treasury figure of 155 million available when only about 15 million could be paid, citing pressures and bankers aiding optimistic presentation under hard fiscal times.

N. J. Times Washington The Tribune Times John Jay Knox New York Treasury

Money and Stocks in a Turbulent Market

The Boston money market eased with most loans at 7 percent, some at 6 percent, and funds moving from New York. Clearing House activity showed demand easing, though calls remained easy at 6 percent. Union Pacific and Atchison led declines in the stock market as trading intensified with 10,000 shares shifted, while New York & New England reported another quarterly deficit.

Union Pacific Atchison Boston & Maine Old Colony Boston & Albany Connecticut & Passumpsic N. Y N. E West End Railway Boston & Lowell Bay State Gas Detroit Electric Union P. Sfc New York Union Pacific Securities Sage Gould George Gould Messrs. Drexel, Monge & Co Union Pacite New England New York & New England Railroad Commissioners Cesse Inc Atchison and Richmond

Vagrant Escapes From District Court in Salem

Salem August 11 Joseph Hastings a young man employed by Dr George S Osborne at Peabody has been missing since last Saturday with fears for his safety. A single prisoner Jaimes Stuart of Lawrence stood before the District Court for vagrancy and escaped. A reported deed to Porphery Hall is erroneous though negotiations continue for the Xavier Brothers to buy the Danvers property as a novitiates school.

Salem Srmedlay Joseph Hastings Georges. Osborne Peabody District Court Jaimes Stuart Lawrence Chelsea Savings Bays Danvers

Senators Seek Quorum in Boston Ahead of Newport Sail

After two weeks in Boston trying to secure a Senate Naval Committee quorum Senators Cameron and Butler depart for Newport aboard the flagship of the white squadron. Cameron hopes to summon a meeting in Boston with Senators Hale McPherson and Chandler to press the matter.

Boston New Yorks Senate Naval Committee Cameron Butler Newport Hale McPherson Chandler

Boston Sailor Stabbed Aboard Schooner George Bailey

During a fight aboard the schooner George Bailey moving down the North River last evening Frank Lawson of Boston was stabbed by Edward Brooks who has no home Brooks was arrested and Lawson was taken to hospital

Boston New York George Bailey North River Frank Lawson Edward Brooks Brooks Lawson

Gun contract approved for 1100 high power guns

Washington Aug 11 Acting Secretary Grant of the War Department approved the Board of Ordance and Fortification recommendations that the Bethlehem Iron Company of South Bethlehem Peru receive the contract for 1100 high power guns.

Washington Grant War Department Board of Ordnance and Fortification Bethlehem Iron Company South Bethlehem Peru

Market ends dull as Union Pacific slips and rails drag

A late day selloff pushes Union Pacific from 86 4 to 32 4 while Louisville and Richmond & West Point show weakness. Rail stocks drift, railroad bonds steady overall, and the day closes with little notable movement aside from a broad, featureless trading pattern and a sharp morning rally erased by afternoon declines.

Union Pacific Stock Exchange Richmond & West Point Tennessee Coal Louisville & Nashville

New York Stock Sales Report Today and Prices

Total sales today 143200 shares. Compared with 153600 yesterday and 68900 Saturday. Below are the sales of principal stocks and the highest and lowest prices of Sheba.

Foreign financial reports from London and Berlin update markets

At London on Aug 11 12 30 p m Consols quoted at 96 1 16 for both money and account US 4748 103 New York Pennsylvania Ohio lists 2944 Canadian Pacific 83 38 Erie 1854 Illinois Central 97 Mexican ordinary 32 7142 St Paul New York Central Pennsylva Reading Mexican new 43 7142 Money 4 2 per cent Open market rate for short bills 17 16 three months bills 14 Berlin Imperial Bank of Germany reports a 5 2 million mark rise in specie

Lng Oak Ing Alton Atchison Vulio Den Dei Erie Green Bay Great Northern Illinois Pel Annes L.d Long Island Lake LK Way Lake Shore Lusty Mobile Ubio Pac Bell Tel KRG Saee Minn Lee Aly A Do Inc Cess Seer Ee Nor. Pac GUS Bb Aenee C. B N.Y N. Y N. E U. de St. Ly O Ba&s N. J. Central U.S N.C & Dt West Arn Co N. X A. M Ohio & Miss Rock Island J.C W. P Baer Bost Alby LOW Sur Main Mass Sane Syr Estes Texas Pacific Sean Ca W. Mich O. C. Tees Cleve Canton U, Pacific U.P Do Gulf River Maine Central Wee W.U Ates Trusts Old Colony Pa Ti Union Pac I Express West End Adams Ammerecan F Tales Allone Eee Eeess Wees Atlantic Eeese Eeeess Mont Bronewick Catalpa Huron Oregon National NAPA Sss Pacific Mail Osceola Pal Bos Waee Petroleum Santa F Quincy Tamarack Eeveseee Land Companies Anniston City Aspinwall Moothbay Boston Brookline Campobello Aeee Lm N. Ajo Cutler L. Gs Franklin Park B. C Seer Oro U.N Bay Nahant Ohio Isis Newport D. Léta Payson L. & J. M. Penobscot - Eater San Diego FP. Sullivan Topeka Lowa C Winter Harbor Wee MB Log Oo Log Oo. I Wohabton Crea Tis Ti Tex. P. LG. Ain. Bell Seeeess Mob Tex N.Y.C New England Ween L Sitalu . Pac J.C. In Cer W. Shore Ho & W Nor Reece B. H Col. Coal Jones Heat & Belcher Hocking Coa Sugar R Ontario Detroit Lay State Gas Uoupoloss Wayne Elec Alice Cal & Whom-H Elec Stene Anne London United States New York Pennsylvania Canadian Pacific Illinois Central St. Paul Berlin Imperial Bank of Germany

Money on call and exchange rates steady in New York

Money on call ranges from 142 2 to 2 percent for last loan and closing. Prime mercantile payer at 6%7%. Bar silver at 98%. Sterling exchange quiet but firm with bankers' bills at 4.83 percent for 60 day bills and 4.85 percent for demand. Posted rates show 4.64 to 4.86 percent.

New York Prime Mercantile Sterling Exchange

Also Mentioned on This Page

Steve” Ryan Union Pacific Matters Sub-Treasury Clearing House Comptroller of the Currency Wall Street Richmond Terminal Uie Tennessee Coal and Iron Lake Superior Manitoba Chicago State Street Safe Deposit & Trust Company Milwaukee & ST. Paul Cleveland Cincinnati Denver & Rio Grande Missouri, Kansas & Texas Wheeling & Lake Erie Car & Marve Jan & Moxtana Mintya Co CaLumart & Hota Minina Co Canadian PaciFic RR Cuicaco & Alton RR Cuicaco & West Michigan RR Chicago, Burlington & Quincy Olumbus Hookine Coat & Iron Co Enik Telegraph & Telephone Flint & Pere Marquetie Illinois Central RR A Lake Exige & Western RR Maing Central RR Michigan Lanp & Improvement Co P &H Minwatcher Lark Western RR New England Telephone & Telegraph Co Proctor & Gamble Co Portman’s Salem News Porphery Hall NEW York Stock Sales She Ua Boston Stock Exchange NEW York Financial First Soo Specialty Mfg Corporation Universal Cash Register C.O Advertiser Building F. W. Prescott & Co Devonshire Street Petes Eeeeeee F. W. Preecoik Fastern Electric Cable Co Thomson-Houston Electric Co Wayne Electric Co Shire Ly Westinghouse Trust Seeeereee European Welding Detroit Electric Co Ates Ve Lhomson-Houston Electric Co Boston Safe Deposit, & Trust Co State Street Safe Deposit & &Trust Co C. A. Coffin Ihomson-Houston Electric Company Massachusetts Suffolk Joan M. Plummer Chelsea Court Sanare Shomas Essenger Fir of Dodge & Wade Albert Lodge Alhers Dodge Charles H, Wade Youmon Massaolous Setis Norfolk Margaret Cusen Krookline Sai Thomas J. Cunken Dedham Boston Post Grorck Whith Elanire Jonathan Cobb Register Commonwealth OF Massacmussetys Crealtors Bridget Hearn Bridget Harin Bridget Hearin Westborough Worcester William G. Waitt Joan W. McKis Esquire Elijah Georgy Massachlas Setts Jacob Hall Said County William Minot Rober Minot Charles Hall Oston Joan W. McKim Dudge Elwam George City OF Board OF Street Commissioners Harvest Street Dorchester Dorchester Avenue Boston Street J. W. Morrison Cocseex Goldeck KR. Schlumberger Austria Voslau London Daily Telegraph Brockbaun Saleby & &. Pearce & CO Pearl Street Corner Whitehall Street
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