Oil and Cotton Markets Show Mixed Yet Steady Trends
Rigid market snapshots show oil fields near Boyd and Armstrong yielding eight barrels per hour and rising to 160 barrels per hour, while Pittsboro crude remains weak. Cotton futures close steady to weak with 205,000 bales traded. Upland prices hover around 10 to 11 cents, London and Manchester reports note feeble demand and steady prices amid a cautious trade climate.
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Connors No 2
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the Guardian
Eastern Exchange
India
China
New York Stock Market Opens With Firm Tone
Money in good supply at 1 percent on call and prime mercantile paper 419 6 for silver 107. Foreign exchange firm at 4s1 45% for long and at 485 48544 for short sight. Governments steady. State bonds quiet. Railways irregular. At the open the market was firm with prices up 4% to 5%. Delaware and Hudson broke to 82% before midday. Lackawanna rose from 1014 to 103 amid firmer tone, then faced higher supply and slower lending.
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Dali
Heavy wheat shipments strain Duluth elevator capacity
A St Paul report notes Manitoba, Duluth and Northern Pacific wheat shipments have been heavy for weeks. Elevators at Duluth with about 6 million bushels capacity are nearing full, forcing temporary storage plans. Remaining space ~1.25 million bushels. ~700,000 more bushels needed. Manitoba and Duluth carloads and road shipments are listed, with Manitoba ordering no more wheat to Duluth.
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St. Paul
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Minneapolis
Suit Against the New Haven and Hartford Rail Directors
In Hartford Conn on December 12 Henry L Goodwin of East Hartford sued the New York New Haven and Hartford railroad directors to seek accountability for stock purchases in the New Haven and Northampton line. Defendants moved for non suit citing no September appearance. Judge reserved ruling. Also notes a Baltimore and Ohio quarrel settled and a Wabash quarterly report showing receipts of 7 052 million and disbursements of 7 138 million for three months ending November 30.
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Utah
New York
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Wartford, Conn
Henry L. Goodwin
East Hartford
New Haven and Hartford Railroad
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Ohio
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George 8S. Morrison
Baring Bros
F.P. Dimpfle
Baltimore
T. H. Garrett
Edward Higgins
Wabash
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Wabash Railroad
United States Court
Cattlemen Leader Urges Policy At St Louis Convention
Brisbin, vice president and chairman of the national executive committee of cattle men, explains the aims of the St Louis convention. He says free ranges are no longer practical and a majority of U S cattle men favor private grass lands, a Texas cattle trail and an animal industry bill. He notes one sixth of west of the Missouri river cattle are English owned or controlled, feeding on American lands and driving Americans from the business. The letter appeals to the public and Congress to shield American growers from foreign capital and to favor cheap beef for home use.
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Brisbin
St. Louis
United States
Missouri River
People
Congress
Supreme Judicial Court Case Against Boston and Albany Rail Road
In a December 12 session Judge Field heard the Attorney General’s equity suit to void stock distributions to Albany shares issued under 1882 acts and repeal related certificates. The commonwealth seeks to reclaim bonds and ensure compliance with chapter 61 resolve. H. N. Shepard represents the commonwealth. A. L. Soule defends the railroad.
MENTIONED IN THIS ARTICLE
Boston and Albany Railroad
Iit
Commonwealth
Lise
H. N. Shepard
A. L. Soule
Superior Court Dockets Include Damages From Bay Horse Case
In Suffolk First Session Judge Gardner presided No 986 John J Dewey vs George S Jones for damages from conversion of a bay horse express wagon top buggy and brewery stock at Salem verdict for plaintiff 125 573 Hesseltine represented plaintiff and Pickering Butterworth for defendant No 1326 Julia Collins vs City of Boston tort for personal injuries from a sidewalk fall December 3 1882 West Third Street South Boston ice defect trial continued. J A McGeough for plaintiff R W Nason for defendants Second Session before Judge Staples No 1767 Michael Kiernan vs George T Hitchings suit for 20360 for board and aid verdict for defendant B Kiernan for plaintiff T E Barry for defendant No 1777 Mary Greagan vs George E Jacobs administrator action to recover 3850 for board lodging and nursing rendered Mary Dorset intestate defence general denial J A Maxwell for plaintiff E B Goodell for defendant
MENTIONED IN THIS ARTICLE
John J. Dewey
George S.jones
Salem
S. Hesseltine
J. F. Pickering
A. F. Butterworth
Julia Collins
City of
Boston
West Third Street
South Boston
J. A. McGeough
R. W. Nason
Michael Kiernan
Geo. T. Hitchings
Board
P. B. Kiernan
T. E. Barry
Mary Greagan
George E. Jacobs
Mary Dorsey
J. A. Maxwell
E. B. Goodell
Superior Court Roundup Sentences in Breakings and Other Cases
Dec 12 session before Judge Blodgett with multiple pleas and sentences. Daniel Kihn convicted of breaking and entering with intent to rape. sentenced to house of correction for three years. John Murray and Clarissa Hollana pleaded guilty to adultery. sentenced to house of correction for five and six months respectively. Coffey robbery charge not pressed. Quinlan pleaded guilty to attempting a prisoner rescue. placed on probation. Turner guilty of larceny. eight months. Marshall on probation for receiving stolen goods and surrendered for 15 months. Miller alias Myers pleaded guilty to breaking and entering. sentenced to state prison for six years. O Hara pleaded guilty to breaking and entering. two years. Flynn on trial for assault on an officer. Dugan found not guilty of larceny from the person.
MENTIONED IN THIS ARTICLE
Daniel Kihn
House of Correction
John Murray
Clarissa Hollana
James Coffey
John Quinlan
Thomas Turner
William Marshall
Mr. Savage
John Miller
Myers
James O’hara
John Flynn
Cornelius Dugan
Motion for receiver in San Pedro and Canon del Agua case
In Hartford on December 12 Judge Beardsley heard a stockholders lawsuit from Jeremiah M. Watson of Boston seeking a temporary restraining order and the appointment of a receiver for the San Pedro and Canon del Agua Mining Company. A hearing was scheduled for Friday next week.
MENTIONED IN THIS ARTICLE
San Pedro and Canon del Agua Mining Company
Hartford
Conn
Superior Court
Beardsley
Connecticut
Massachusetts
New York
Jeremiah M. Watson
Boston
Cigar Makers Face Strike Over Wage Cut in Philadelphia
About 100 workers employed by J Portuondo have decided to strike over a $2 per 1000 cigars wage reduction after consulting with the Cigar Makers International union. The action will take effect tonight as workers walk out en masse.
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Philadelphia
J. Portuondo
Cigar Makers International Union
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