A Savings Bank at Pawtucket under a cloud
Suspensions hit the Reading Savings Bank in St. Albans and Vermont. Failures ripple from New York to regional lenders as authorities move to halt operations.
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 26 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jan 26, 1878
Page
2
Suspensions hit the Reading Savings Bank in St. Albans and Vermont. Failures ripple from New York to regional lenders as authorities move to halt operations.
At Berlin Massachusetts a two story shoe factory owned by Achille Bodoean was destroyed by fire at 3:30 this morning. The building measured sixty by thirty feet and the shop produced about 180 pairs daily. Loss estimated at 10000 with 4000 for building 5000 for machinery and 1000 for stock. Cause unknown.
Three ships towed to sea near the Heads, the King Philip going ashore as heavy rollers break over the bar. Western Shore, King Pinko, and Don Nicholas anchored in breakers. a gale drives a heavy sea. Fate of King Philip's crew unclear. vessels are in ballast and prone to breakup. Pope & Talbot owned the 1189 ton King Philip.
Philadelphia report notes price rises for February with lamp broken and egg at 250, stove 275, chestnut 235 dollars. The Board of Control of the great coal companies signed a binding agreement to uphold the combination contract. Monthly quotas for January February and March were agreed but not publicly released.
The Port of Boston Surveyorship contest ended with Gen. Underwood nominated for another term. Friends of Gen. Cogswell withdrew after strong push, noting Underwood’s faithful service and gallantry in the war. Simmons’s stance unclear as he did not engage. Taxes on Banks: Tipton bill in House repeals tax sections 407 to 417, dismissing chapter 8 taxes on banks. bill referred to Banking and Currency Committee.
A spirited house discussion considered reducing the tax, highlighting the damage to business interests caused by delay. Both sides argued but no vote was taken.
In Banks Washington on January 25 the Senate briefly discussed and postponed the bill to remit taxes on insolvent savings banks. Mr Rollins proposed an amendment extending exemptions to certain tax exempt banks with no capital stock and deposits, with clarification that new deposits would not be exempt. Rollins stated the amendment had been prepared by the Internal Revenue office and sent to him.
Tom Scott's Texas Pacific scheme faced close scrutiny before the House Committee on Pacific Railroads with Scott and allies present. Storrs urged a rival line from the Colorado river to the Rio Grande, seeking no subsidy, while Scott demands 17 500 per mile. A temperance advocate, Francis Murphy, arrived in Washington after a notable past involving Rep Frye.
The Senate resumed debate on Conkling’s amendment to make the Matthews resolution joint rather than concurrent. The amendment was rejected 22 to 39. Various pairs and sickness-induced pairings affected expected votes. Edmunds and Morrill amendments were considered and rejected, Matthews accepted, and the preamble adopted. The proceedings then moved to the Bland Silver Bill.
The Springfield based will states an insurance policy totaling 25000 dollars with 10000 to Mrs Bowles and 5000 to Miss Alathea Easter, remainder to Samuel Bowles Jr and Charles Allen of Boston as trustees and executors. They are directed to pay debts, maintain a family home, and divide remaining assets equitably without bond requirements. Policies include 10000 New York Life, 10000 Mutual Life of New York, and 5000 Massachusetts Mutual of Springfield.
Mark Tucker, commercial agent for Hartford provision dealer H. J. Johnson, disappeared with an estimated 3000 to 5000 dollars. He solvently handled collections for two or three months. A young woman from Arnold's Station is named among Tucker's victims. Tucker’s family ties and possible flight to England with two brothers are noted as context.
Edward J. Hoppins was acquitted in the murder of Philip Proudfit for the July Sterling Valley killing after Proudfit had seduced Hoppins's sister and insulted him. Half an hour after the verdict Hoppins wed the planned bride from last October. Proudfit's uncle, who aided him after the blow, died suddenly today.
Reports from Constantinople and Cologne indicate the Porte accepted Russian terms yesterday, with officials signaling peace is virtually concluded though details remain secret. Safvet Pasha informed Layard the conditions were to be kept confidential until the treaty is signed, while rumors of Russian advance on Gallipoli persist.
Intense excitement grips London as a cabinet crisis unfolds amid a ministerial resignation opposed to war. Debates rise in the House of Lords with Beaconsfield making statements as the nation watches closely.
New York dispatch reports Mr Y Thomas Lord and his bride at center of a lunacy inquiry over the aged husband. Counsel Charles O Conor signals defences tied to alleged undue influence by Mrs Hicks. Separate items note a Boston search for Miss Lillie C Kempton, post office construction cracks, a fatal horse collision on Jerome Avenue, and plans for gold and greenback banking within Clearing House.
The January levee in Concord honored the fire brigade for quelling a Wednesday night blaze. Citizens, Mayor Pillsbury, and city officials attended a grand march led by officials. James R. Hill presented supper tickets to the firemen as Major Baker hosted at the Phenix Hotel. The event closed as the finest affair of the season.
In Augusta on January 25 the Senate noted the State Temperance Convention petition for stricter liquor controls. Reports covered rail, tax, and legal matters, including suspension of certain acts, and Sunday excursion train prohibitions. The House discussed the Druggists bill amid remonstrances, with various committee reports on auctions, savings banks, railroad guard requirements, bushel bean weight, and a Presque Isle to eastern Maine railroad charter. Adjournments set for Monday afternoon.
A meeting of railroad officials is planned in Boston soon to settle freight difficulties. The Secretary of War and army officers discredit reports that Sitting Bull has begun a war movement.
Good sleighing in Maine as Hon Bion Bradbury is elected President of Cumberland Bar. F O Beal leases Bangor House. Major Taker retires. Legislature opposes forbidding Sunday railroad excursions. In Lewiston Supreme Court indictments against Mr and Mrs mb. Lamb pleads not guilty, Mrs Lamb guilty to procuring abortion. Ferguson vs Goodwin verdict awards 200 damages for fireworks injury. Portland debate over bank directors as officers. Treasury opinion: directors are not officers. officers are President, Vice President, and Cashier.
Purchase money paid for Star Island passes title to Mr Rymes. At Portsmouth orders resume work on the United States steamer Ticonderoga. Grand Lodge of Knights of Pythias meets in Manchester on Thursday February 7.
A Vermont snapshot reports Rev. N W Alger of Passumpsie ill. Myra Daniels dies in South Woodbury from corrosive poison. Willard Bogue’s Glover farm buildings burn. Mrs O M Perkins settles at West Concord Universalist Church. Luther Kittredge injured in sleigh accident near St Johnsbury. Newport Y M C A elects officers led by Camp Lunt Gilman Field. Des Joseph Stevens resigns East Hardwick chorister post after 44 years. Dr A C Sherwin of Sharon suffers skull fracture in sleigh incident. Moxley editor C Hyde takes Montpelier Argus and Patriot post. a Corinth boy dies after being knocked down. Wimmet the man who fell with a team on ice near East Middlebury may recover. Edward Tatro murder details discussed in jail with no remorse shown earlier, then grief shown, statements to counsel undisclosed.
The Springfield professional baseball effort reports £600 of the $1500 goal secured. Henry J. L. Blanchard of Savoy shooting fame was Friday sentenced by the Superior Court to six years in the State Prison. A negro arsonist in Williams town received five years for burning a barn after the owner refused lodging. Worcester Agricultural Society invites New England Society to its September fair and plans to raise funds from £600 to $10,000. The Greenfield Gazette backs S. O. Lamb as successor to the late Mr Brainard as trial justice. County financials show Barnstable receipts $24,620.75, expenditures $26,238.23, balance $467.942. A Lowell court fines William F. Day $200 for a liquor tax offense, with future similar penalties warned. The Lowell City Council elects Sullivan Ward Overseer of the Poor and considers free library. Wyman's Exchange safety inspection authorized. Hydrophobia death of Ashbel Buckland noted. An accidental blank cartridge injures Corp. Wheeler in Lawrence. Private Kennedy blamed for explosive mishap. Captain Dolan to investigate.
James H. Leary died and Thomas Cowen is believed to be fatally injured after falling through the ice on the Woonasquatucket river Friday evening. The Providence region felt a severe shock from a massive Stump Oir Reservoir blast in Pawtucket with powder barrels involved. The House passed a resolution favoring early specie payment resumption and opposing unlimited silver coinage. Railroad data show passenger and tonnage changes. Butler Hospital reports finances and patient figures for 1877. Amos C. Barstow elected President for the ensuing year.
A Special Joint Committee of the General Assembly completed its inquiry into the recent bond abstraction and double funding. The report blames former Treasurer Joseph Mayo Jr and his subordinate for a $35,500 loss and urges legal action on Mayo’s official bond to recover the defalcation.
A list of ships and their routes dated January 25 includes at Toston the City of Valparaiso from Valparaiso via Aineviaco. at New York Glasgow from Indiana. J. B. Walker from Mediterranean. Memnon from New York. America from New York to Southampton. City of Houston from Galveston. Baltic from Liverpool. Havana City of New York from New York. and Lake Champlain from Portland and other departures, all dated January 25. The brief notices reflect maritime movements with multiple origin and destination pairs across Atlantic and Caribbean routes.
An old advertisement fragment extols Sozoponr as a pure breath purifier and dentally protective vegetable compound praised by users. It includes a quoted testimonial about Dean Gray Jr. of Westfield Mass. and references to Wistar's Balsam with prices. It also mentions Putnam's hot forged horse shoe nails and endorsements from Robert Bonner and Bupp Doble, plus a stock broker recommendation from Alex Frothingham & Co.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.