Bonds Entice Interest Payments on 34 Percent Bonds
Uncle Sam stands ready to pay interest on 34 percent bonds with 99 526 200 outstanding. Newspapers praise the Boston world fair as a likely grand success despite limited prep time.
02 Feb 1883
Page 1
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Feb 02, 1883
Page
1
Uncle Sam stands ready to pay interest on 34 percent bonds with 99 526 200 outstanding. Newspapers praise the Boston world fair as a likely grand success despite limited prep time.
Late London papers recount a major blaze within the city despite four steam engines’ best effort. Capt. Shaw faces severe punishment for loose talk and brag made in Boston and New York.
Twenty men served as managers of the protection meeting in New York last night. Nineteen are directly or heavily invested in business sectors safeguarded by high import duties. They show clear disinterest in tariff reform.
Attendees at Prof Summer’s lecture on The Forgotten Man were surprised to hear no reference to Mr. Hayes. The talk instead extolled the simple honest man who earns by hard work pays debts keeps contracts and educates his children.
The article notes Ash Wednesday falls on February 7 this year and Easter on March 25, marking earlier-than-usual dates through lunar regulation. It mentions moon phase influence and includes commentary on calendar rules and seasonal timing.
The St Louis grand jury recommends a $1000 license fee for each liquor saloon except wine and beer sellers at $500. With 1800 saloons currently, city revenue is about $200000 yearly and proponents say the reform would double revenue while halving the number of saloons.
The Maine Republican state committee elected Mr. F N Dow as chairman, while noting his appointment as collector of customs at Portland. The two roles clash, yet Dow will manage both. The Portland customs house becomes the Republican headquarters, with Dow a skilled organizer and a Flanagan ally. The Brooklyn Eagle predicts an extra Congress to tackle tariff reform, seeing pressure for revision and a chance for the Democrats to mishandle or benefit in 1884.
Washington reports that both Senate and House rejected all Democrat backed amendments to reduce taxation. Discussion centers on steel blooms duties for wagon tires and rails, while acetate of lead tariff reduction fails. A Washington paper accuses the tariff commission of paid puffing and poor west interest, amid broader bills on treasurer audits and agricultural stations.
The Treasury issues the 120th call for redemption of the 5 per cent funded loan of 1881 at 33 percent from Aug 12 1881. It covers $15 600 000 principal and accrued interest due May 1 1883. Registered bonds from various series are listed and interest will be paid with the principal on presentation.
The post office reports alleged fraudulent grain investment schemes in Chicago by firms advertising nationwide. Over 60 days their average daily receipts exceed $1,000 with about 80,000 total since January 1. one firm took in $53,000 in 20 days. No connection to state grain inspections or legitimate trade.
The Framingham and Lowell railroad held its annual stockholders meeting in the district courtroom. Directors elected were S. S. N. Aldrich James W. Clark H A Blood Jacob Nichols D K E Harding John Fletcher Daniel Wetherbee Frank A. Day John H. Buttick Wm. D. Brown Charles F. Cheate S B Rogers N Thayer Jr. The treasurer's report, already published, showed an improved property condition.
Chicago reports that Union Iron and Steel head mortgaged property for 1,000,000 and may suspend operations. A $28,000 confession of judgment levy was placed on the works. Connecticut Mutual Life Insurance holds a 500,000 mortgage. Plant and stock valued at 5,000,000. over 2,000 workers. Mills to close tomorrow. a receiver may be applied for. Banks not expected to be harmed.
TOUrEKA Kan Feb 1 The house joint resolution instructing the attorney general to commence quo warranto proceedings against the Kansas Pacific and Union Pacific railroad companies in regard to their amalgamating passed the senate today.
In Augusta Maine February 1 the senate debated a house bill to restore the salary of the superior court judge for Cumberland County. The bill moved to passage amid discussion of funding and impact on the judiciary.
A morning blaze at pier 36 on the North River, home to the Inman Steamship Company, consumed the pier and most buildings and contents. The iron steamer Egypt, tied at the pier, was damaged beyond repair and towed out, with salvageable parts later. Total loss estimated at $500,000. the pier cost $150,000 last year. Wind from the river helped spare surrounding ships.
Police hunt a gang of thieves who posed as expressmen to abduct Mrs Callariesi’s trunk from No 53 West Twenty eighth Street. The trunk held clothes jewelry worth 1200 dollars a bank book for 5600 dollars and deeds to property locally and elsewhere. At the chamber of commerce meeting Mrs Green widow of John Green donated 57000 dollars to aid merchants in need of honorable but unsuccessful businessmen.
Newburg New York February 1 James G Roe owner of the Glen Ridge house a Cornwall summer resort has made an assignment Edward P Roe author of Barriers Burned Away and brother of James G has also assigned due to heavy endorsing for his brother Liabilities for James G range from 40000 to 50000 while Edward P Roe’s are about half that amount Officials say the embarrassment may be temporary and no official statement has been issued
Sheriff Simpson brought a mangled Mexican prisoner to Denver after a deadly duel near Socorro New Mexico. Two men fought over a girl, locking themselves in a room and attacking with axes. One man severed his rival’s head, while the attacker is grievously wounded and likely to die.
Albany reports that an AG and comptroller request guidance on collecting back taxes from Western Union Telegraph. The company asserts it will contest the suit, claiming summons and complaint were mislaid and no prior notification reached counsel. The legislature was informed today.
In Worcester on February 1 a banquet for the American Poultry Association praised ongoing work to raise the standard. New entrants include Langshans American seabrights wyandottes and rose comb Sieg horns while varieties such as ginger red blue white pale spangled and gray games were dropped.
Worcester Mass February 1 Judge McCafferty received a complimentary banquet with Rev Thomas Griffin presiding and remarks by Judges Staples Thayer Col W S Hopkins J Evarts Greene of the Spy Judge McCafferty and others.
In Winyteld Kansas a mob abducted and hanged Young Cobb from a railroad bridge after he mortally wounded Sheriff Shenneman and had earlier killed a Jefferson county constable. The event occurred early this morning as masked men carried out the extrajudicial execution.
Petersburg Virginia report says Dr. George E Rivers former Virginia legislator and noted physician was arrested by a U S deputy marshal on charges of attempting to buy votes in the recent election.
Rev. Lawrence Walsh forwarded 500 dollars to Bishop Logue in County Donegal Ireland for famine sufferers and 25 dollars from Cincinnati. The contributions were collected by the central council league of Boston.
A Washington dispatch to the Brooklyn Eagle says rumors claim Secretary Frelinghuysen will resign due to ill health and that Senator Windom is named as his potential successor.
A Montgomery resident reports meeting ex-State Treasurer Vincent for breakfast in Nashville Tuesday morning. Vincent said he planned to travel to New York.
In Paris on Feb 1 the chamber of deputies passed Fabre's compromise bill granting the government discretionary power to expel princes. President Fallieres defended cautions against wholesale expulsion, while Gen Thibaudin vowed army loyalty to the republic. Debates included censure of the Prince de Lion and confirmation of the third clause penalties.
A committee of Irish men in London forms to raise a fair trial fund for Irish prisoners charged with conspiracy to murder government officials in Dublin. An appeal will be distributed at Catholic church doors to help oppose spies and informers in testimony. The Press Association notes warrants still out in Ireland against secret-organization members and ongoing crime reports.
In Proyipience Rhode Island the naval court of enquiry led by Captain Ralph Chandler met at the torpedo station Newport on request of Paymaster Stephen Rand Jr. Witnesses testified that Rand certified prices as current when other firms offered lower rates. Capt Selfridge ordered Rand detached pending further testimony as the inquiry continues tomorrow.
The Wint Cheer lodge of Freemasons celebrates 25 years at Music Hall with Lyman Klapp detailing lodge history, C L Woodbury delivering a masonry eulogy, a poem by ex Gov Van Zandt, and A A Stanley’s psalm. Large audience attended. a banquet and ball follow tomorrow night.
A Michigan motion from the lower house to investigate the senatorial contest passed today as the senate considers the bribery charges tied to the race. The resolution directs inquiry into actions related to the contest and potential improper conduct.
Cureaco February 1 Fred Plaisted tonight posted a forfeit of 250 dollars to Ed ward Hanlan of Toronto for a two mile boat race with a turn for 3000.
A steamer and two other ships were wrecked off Lundy island. All crew members perished as rescue was impossible.
Hartford legislative committee on railroads held a hearing on a proposed measure. Details from the session are sparse in the fragment, noting officials and witnesses present in the capital.
In New York on February 1 a crowded Cooper Union mass meeting endorsed American Industry protection. Peter Cooper and William E. Dodge spoke before Hon. William M. Evarts urged tariff policy to aid American labor and shipbuilding, and deter foreign competition. Resolutions backed protection as true American policy and urged tariff reductions aligned with the tariff commission.
Washington dispatch reports Controller Knox ordering suits by Receiver Price of the Pacific National Bank against the directors with stockholders and creditors as plaintiffs. Directors likely to be prosecuted for negligence. Public assets not disclosed to protect creditors. Issue: no specific section in national banking act for such civil suits. may rely on common law gross negligence. Banking act lacks criminal provisions for directors. Receivership shows no payments on assessments. many stockholders ununited, legal battle anticipated. Fees for officials exceed $7,000 for entering and serving 400 plus cases.
Pocket picked on Winter street. $14 wallet taken from Mrs. M A Coleman. John McCarty arrested for defrauding charitable donors. Eugene R Parker reports passing a forged check. locked up. George Cutler charged with larceny and break in at Thomas F Shaw shop. James Winslow 380 charged with gold watch and chain theft. recovered at pawn shop. Catherine Duffy injured after collision with boys on Prince street. arm fracture. Charles Dingwell injured on Fitchburg railway. sent to General hospital. Charles Clark rescued after falling overboard from Alice G Wonsen crew.
Passenger rates on the Fitchburg and Massachusetts Central railroads rise between Boston and Waltham. Single tickets to Waltham jump from 17 to 20 cents, five ride package tickets from 75 to 85 cents, with several intermediate points also raised. Season tickets remain unchanged until April 1 when a new punched season ticket debuts.
A stream of society items and public notices covers figures across business, politics, and culture. Names include Joseph Hickson of Grand Trunk railways, John Boyle O’Reilly of the Pilot, Mrs. Astor aiding western housing, and Rev. George Allen of Worcester. Also noted are Mrs. Emma Drexel’s philanthropy and various appointments, marriages, and lectures reflecting era society.
The Boston Common Council met Thursday night with debates over hiring an expert to audit the water department, awarding extra pay to water workers, and rules on vote counting. Elections produced officers for city messenger and registrar, while a joint committee was set to discuss the Charles River bridge with Cambridge officials.
E A Parks lists a 25 cow herd with ages from two to five years and notes no grain loss from June to November. He sold 7,110 pounds of butter and produced cheese, milk, and cream for the family. He claims weekly butter production exceeds 160 pounds in June and over 200 pounds earlier in the year, attributing the high yield to careful record keeping.
London Truth reports M Duval head of a Chaussee dAntin financial house sent his clerks to Gambettas funeral on Saturday. On Monday morning workers found doors shut and the strong box empty. The police were summoned and Duval had bolted.
On Sunday morning four strangers entered the residence of Mr. M. Duhamel at 227 Sanguinet Street in Montreal. They found Miss Duhamel alone in the house and proceeded with their planned actions in a calm manner.
Six thoroughbred Jersey cows joined the herd at the State college. Maine Senate approved the first liquor law with 13 Democrats 4 Whigs and 1 Free Democrat supporting. 10 Democrats voted against. Irving Thomas of Portland, missing after ice drift, was found with his sled discovered by a search party. A $1,600 bequest to Laconia Public Library was paid by N. B. Gale per the late Hion B. P. Gale. Lumbermen call this winter ideal for timbering. Katahdin steamer is ice-bound at Bucksport narrows, Woodbury sent for assistance. Dover aldermen upheld George W. Nate’s seat dispute with a four-to-zero vote. Wentworth takes seat. Northern Penobscot county lawmen accused in ram traffic. large seizures with whiskey fines. Nathan Richards captured with plunder at Rockland grocer. bound to $500 sureties. 67-year-old, ex-convict. Bowdoin College unusually quiet after sophomore suspension. faculty meetings held and a stand for resolution.
A string of incidents includes Annie Fernald dying after falling from Dover Point bridge and Thomas Donovan killed at Manchester’s Amoskeag plant after a belt accident. Other reports note Nev. Benjamin Dickson’s sudden death at Wolfboro, a broken wooden bridge at West Compton after heavy snow, and James Barker’s suicide attempt at Little Station. Also covered are the New Hampshire Grand Army of the Republic annual session at Lake Village with officers elected, and the Knights of Pythias grand lodge session in Manchester with new officers and the next meeting planned for Portsmouth in February 1885.
A Brownington man spares no effort to attend church, taking his family to a field service with an ox harnessed and pulling the wagon. S. D. Hatch plans a $3 000 000 hotel in Mexico city. Patrick Mason of Waterford faces prosecution for cruelty to animals after leaving 15 sheep out in winter. Rev W J Anderson is ordained at Stowe Congregational church with many Maine clergy in attendance. The Rutland Herald notes widespread drought fears with dry streams and wells risking two weeks of hardship and partial shutdowns of water power plants.
Mrs Harriet Jerome aged 75 dies in a New London house fire on Tuesday. In West Springfield a freight brakeman on the Boston and Albany line, Ww Carroll, is killed Thursday while pulling a coupling pin in the yard.
The Rev John A McCail was ordained and installed as pastor of Memorial Congregational church at Saylesville on Wednesday evening. Newport detectives identify Kate Flynn as the woman responsible for the firebug case, not Kate Judd. Flynn’s aunt Catharine Lane, a respected East Boston resident, is named. reports say she set a Plymouth New Hampshire house fire but fled punishment.
The Worcester clearing house reported January transactions of 4 015 028 dollars, up 352 923 from the same month last year. In Vanderbilt estate claims, Hartford merchants won 11 178 42 allowed and 2 586 14 rejected.
On Thursday Leonard’s gallery held a sale of paintings with modest prices. Notable works included William M. Hunt at 100 dollars, Winslow Homer Bringing Home the Cow at 155, and a Turver sepia drawing at 53. A separate sale at Williams & Everett for W W Phelps’s works drew a good crowd but weak bidding, with many pieces selling well below expected values. top prices included Solitude at 102.50, The RossShire Highlands at 100, Through the Lane at 92.50, Highland Cattle at 64, Paid-Head Cliff Me at 2, Bull’s Head at 60, Coast of York Me at 50, Wood and Stream at 50, and The Old Bridge at 50.
Montgomery place and Chapman place are to be merged into one street from School to Tremont. A name for the new street is sought with public input invited. Col. Elgin Wright, chairman of the street commissioners, requests suggestions from residents including Talbot street supporters.
The notice promotes Hid eas ort as a year round remedy. It promises benefit in winter and summer, claiming both dry and liquid forms work equally well. It suggests a reader should proceed in spring to gain relief, mentioning a forthcoming dinner related motive.
In the senate, petitions seek raise for a district court clerk, and a railroad toll fine relief. Several orders target burial lot record wording, taxation of life insurance, prison improvements, and liens for building materials. The body rejects a plan to make election day a holiday. The session also processes water supply, education funding, and courtroom access bills.
The record lists multiple petitions and motions from towns and senators. Westfield seeks authority to issue new water bonds while Springfield mayor seeks charter changes for school board membership. Legislation considered includes railroad bond approval, theater fire protection, Boston fire marshal, savings bank stock limits, and women’s suffrage registration. Also notes Supreme Court leave for salary preservation after resignation and water supply contracts between towns. Committees report on various inquiries and county tax estimates for 13 counties totals.
The report lists numerous firms with estimated liabilities: New York Shade and Roller Co at Tremont Row Boston about 2875. 8S. P. Irwin & Co Southbridge about 25000. C Brooks & Son Coventry VT failed. Wisher & Delaney Worcester owe about 2500. Louis Lewis Montreal tobacco about 40600 to 50000. Pilon & Co Montreal nearly 100000 liabilities. M. Armstrong & Sons New York about 400000 with 156000 trust funds. A Schienker & Co New Orleans liabilities 264000. Mortgage on J. M. Hamblin & Co. stock Charleston etc upheld. receivers postponed. Willis B Youngman Charlestown creditors’ meeting. Horace K Osborn Boston accepted 20 cents on the dollar. J Henry Hawkins Boston liabilities about 2525. Earle & Co Fall River and others reported failed. Nolan Boston owes about 8875, assets 760. L. L. Hinds & Co Boston failed with 4700 liabilities. Wright Boston about 8000 liabilities. assets 3800 Wallace J. Allen Co. Temple Place.
A Thursday night in Boston featured the final assembly at Horticultural Hall with lavish scarlet draperies evergreen garlands and bright lace. Managers Perkins Jefferson Coolidge Gardner Hunnewell Peabody and Lawrence lauded the event as a popular season capstone.
Curbs on courtesy in Gov. Butler's dealings with the council spark disputes. Hill accepted as reformatory officer before nomination, while eligibility and removal questions arise under statutes. Requisitions for fugitives bypass the attorney general, provoking criticism of streamlined methods over tradition.
The New York Sun notes letters urging Gen. Butler for president in 1884 appear from dissatisfied Republicans or independents rather than old-time Democrats. It argues Butler has yet to prove executive successes as Massachusetts governor and cautions against premature campaign boasting.
Wells Dennie a 14 year old servant for real estate agent William H. Manning was arrested on embezzlement charges. He admitted collecting 123 dollars from a Cambridge street house after being confronted about a five minute discrepancy in his timeline and directed officers to the basement where the money was hidden.
The Right Worthy Grand Lodge of Massachusetts convened Thursday at Odd Fellows’ hall for the regular semi annual session. Nine new members were admitted. Secretary reports 164 subordinate lodges and 27,221 52 paid out in sick benefits. 11,534 members in 18 mutual benefit associations and 116,691 paid to families of deceased members.
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