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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

May 07, 1891

Page

6

Abolition of Grade Crossings Sparks House Debate

In the House a reconsideration of the grade crossing abolition bill was carried 74 to 66, then the measure was ordered to a third reading amid railroads warning of financial ruin and supporters arguing for protection of public safety and municipal control. The veto from Governor Russell halted passage for now as star chamber hearings and public access debates continued in the session.

State Senate Champlin Sufffolk Pinkerton West Suffolk Boston McDonald Middlesex Raymond Nutter Plymouth Thayer Worcester Smith Coveney Senate Messrs Clark Wyer Yras Bradley Brickett Donovan Crury Eaton Fernard Haggerty Howard Kemp Kimball McNary Provin Iseade Kesteen Southwick Mellen Moriarty Powers Hyde Park Melien Turner Malden Yeas Russell East Bridgewater Acton Supreme Court Mead Vs Commonwealth William E. Russ Star Chamber Boards of Commissions Olmstead Gould Chelsea Republican Party Meade Salem Osborne Poe Boson Wardwell Haverhill Miscellaneous House House Connecticut River Holyoke Chicopee Anderson Cambridge House of Correction East Cambridge Commissioner of Corporations Commissioner’s Office

Rand Avery Directors Face Suit Over Insolvent Dividends

Suffolk County Supreme Court hears a case seeking to make Rand Avery directors pay $7,500 in dividends declared while insolvent. Plaintiffs Joseph W Robbins, Edward Robbins, and Carter Rice & Co demand repayment with interest, naming Rand, Rice, Clapp, King, Lawson, Baldwin and Bradlee as defendants. A second action by W S French targets Rice Kendall & Co for $7,148 in allegedly preferential transfers from Rand Avery amid insolvency.

Suffolk County Supreme Court Rand-Avery Company John C. Rand Alexander H. Rice Charles M. Clapp Moses King Thomas W. Lawson George W. N. Baldwin Charles A. Cotting Nathaniel J. Bradlee Joseph W Edward Robbins Carter, Rice & Co. Corporation Corporation Cotting Bradlee Rand, Rice, Clapp, King, Lawson, Baldwin W. 5. French French Rice

General Devens Ferry Planned for Boston Hoist

Boston will receive a modern ferry, built like New York steamers with two screws at ends instead of side wheels. It will seat about 27 percent more passengers and 20 percent more teams, use 15 percent less fuel, and be 163 feet long with a 57 foot beam and 36 foot 10 inch hull, wood built. Budgeted at sixty thousand dollars, bids will soon be solicited under W. J. Burke supervision.

Boston New York General Devens W. J. Burke H. B. Butler Post

Another Will From Mrs Barnaby Filed in Providence Court

Providence May 6 Another will of the late Mrs Josephine A Barnaby was filed at noon in the Municipal Court It is dated December 4 1889 and witnessed by Daniel R Ballou Edwin Aldrich and Frank H Jackson Its bequests include Florence B Conrad 25000 J B Conrad 25000 Dr T Thatcher Graves 25000 Theresa A Cole 600 Mary A Corrigan 500 Benjamin M Earle 500 Annes 500 George Palmer 500 Elizabeth J Olney 1000 Grace Church 1000 coats to John Post Reynolds Real estate absolutely and in life tenure is bequeathed to relatives and friends

Mary A. Corrigan Benjamin M. Earle Anne Satis George Palmer Elizabeth J. Olney Grace Church Coats John Post Reynolds

Brooklyn Bridge Free Passage Signed by Governor Hill

Albany May 6 Governor Hill signed a bill making the Brooklyn Bridge foot passage free. The action removes tolls for pedestrians, affecting residents and visitors traveling between Manhattan and Brooklyn. Officials say the measure simplifies access and supports urban mobility.

Brooklyn Bridge Albany, N. Y Governor Hill

Money and Stocks Dull Yet Steady In Market Report

The May 7 report notes no change in the local money market with the Clearing House rate steady at 6 percent. New York funds sold at 77.5 cents per $1000 discount to par as money moves to pay drafts. calls for currency and expectations of Comptroller action keep rates firm. It covers foreign exchange, silver, stock market firmness, and corporate results including Lake Shore & Michigan Southern and Boston & Albany, with details on bonds, earnings, and notable rail actions.

Boston Clearing House New York Sub-Treasury London Western Traffic Association Atchison Wailana Fitchburg Railroad Company Messrs. Kidder, Peabody & Co Chicago Boyd Ne Acere Thayer Messrs Brown Bros. & Co Lehigh Valley Railroad Company St. Louis & San Francisco Railroad Company Gould Wall Street Mexican Central Wade Isaac Jackson Tremont Bank Flint & Pere Marquette Railroad Company Treasury Port Huron Detroit Bay City State of Michigan Philadelphia & Erie Chicago & St. Louis Eastern Illinois Kansas City Memphis Birmingham Inc Frost Proof Car Company Eastman Car Heater Company Lake Shore & Michigan Southern Lake Shore & Michigan Southern Railroad

Boston and Maine RR Semi annual 414 pc May 15

Boston and Maine Railroad announces a semi annual issue of 414 shares on May 15. Also notes other securities including Boston and Montana Marine Co quar $1 per share May 0 and Thomson Houston Electric quar $1 per share May 15. Fort Wayne Electric Co 7k per share May 8. Lowell Machine Shop 4 pc. Pullman Car Co 2 pc May 15. Wheeling and Lake Erie RR 1 1/2 pc preferred May 15.

Boston & Maine RR Boston & Montana Marine Co Telegraph & Telephone Fort Wayne Electric Co Lowell Machine Shop Pullman Car Co Thomson-Houston Electric Wheeling & Lake Exik

New York Stocks Rally Amid Active Trading and Cordage Gain

Money on call has been easy with rates near 3 to 4 percent. Sterling bills show steady demand, while government bonds stay dull. The stock market opened irregular, then rose to peak levels with Cordage surging about 3 percent and investors shifting funds from railroad bonds to non indebted industrials. Gold exports totaling 2.5 million dollars today helped depress prices, yet the market closed strong near day’s highs.

New York Prime Mercantile Sterling Exchange Atchison Hocking Valley Louisville Wheeling & Lake Erie Cordage Thurber Whyland & Co H. B. Clatlin

Foreign Financial Reports Market Quotes London and New York

Foreign rate summaries list Consols at 94 15 16 for money and 95 3 16 for account United States 4s at 12242 4s 103 percent New York Pennsylvania Ohio firsts 38 4 Canada Pacific 80 Erie 21 do seconds 10414 Illinois Central 103 Mexican dollars 41 New York Central 105 St Paul common 65 5 Reading 174s Mexican Central news 75 4 2 Money 22 2 2 4 percent Bar silver 44 percent Discount rate open market short and three months bills 3 4 to 3 percent.

Ing Alt T. Bevves Ceva Atchison Pacific Eneee Ic. &Sil Cen Pac Ches Ohio Itl Ast Press Pel. & L Deu. & Kk East ‘Lenn Erie Northern Green Bay Lil Central Kans, & Tex Kings Pemi Lake Shore L. 1 Wey Lane Island M. x Mo. Pac Fa N Nor. Pac Oss Y. Cent HE & H Wee Northwestern N.Y N.E T.l N.J. Jent Tse N. Am A. Meee N. Y Wee Ee Ohio & Miss Ont West Shore Line Eree P., D. & E., 4 200 Tee Seer 21 “ Rock Island Reading W. P li Hee St. Pe Texas Pacific OG. C Paciae U.P D.& Gulf Eee Tisssee N.P Vaick D. C U.N Ft. W St. P P Me K St. P.O Alel Chi Y.C Tex J.C. In Mao W. Shore Wab Istas London United States New York Pennsylvania Canada Pacific Illinois Central New York Central St. Paul Common Mexican

Water Works Securities Offerings With High Yields

A historic notice promotes water company securities boasting permanent income and steady growth. It highlights multiple established properties in growing cities yielding from 57 to 6 percent and offers at par the 7 percent preferred stock of the second largest U S water works company.

United States

May-Mazeppa Company stock sale and ore dividend notice

A stock offer at 125 dollars announces 50 000 shares limited to New York Philadelphia and Boston offices. The May Mazeppa Company also confirms a special dividend in June based on high grade galena ore from shaft No 8. Heavy snows delayed shipments. as weather improves, mine development and ore shipments will rise, with prices expected to advance by midsummer.

New York Philadelphia Boston May- Mazeppa Company Kidder, Peabody & Co Baring, Magoun & Co Cecil Baring Baring Brothers & Co., Limited

Also Mentioned on This Page

Rand-Avery Rice, Kendall & Co Devons Boston & Albany Lake Shore— Frost-Proof Car Company Imperial Bank of Russia Imperial Bank Mexican Central Railway Company Mr. Reynolds Levi C. Wade Oliver Ames Isaac T. Burr Sebastian Camacho Edmund W. Converse Jacob Edwards Edward W. Jackson Levi Z. Leiter Boston & Albany Railroad Company New York Railroad Commissioners Rialto Boston Stock Exchange Bell Tel U.G Seer C B.wq D. L.w N Secon K.C.M B. Bs K.C K. C Clin, Spr K. C.F Do Lst Inc N. KE Union Pacific Do Inc All. & Pac Bost Aldus LOW Maine Essere Northern N. H Old Colony Rutland Union Pac West End Do Tel Ence Wis Ao Pressere Wheel L. E. Allouez Wees Atlantic Bonanza Tamarack Anniston City Aspinneer W.P Boylston Street Brookline Cambridge Field Campobello Cutter East Boston Franklin Park French Bay Gouldsboro Lamoine Maverick Nahant Oes Payson Penobscot San Diego Sullivan Topeka Winter Harbor Winthrop Wollaston Bell SNB New England Tropical, Eeer Erer Ijie Bere NEW York Stock Sales Belcher Hocking Coal Homestake Ophir Ontario Land and Adams Brunswick Del Hud Fargo Nat’l Cord. Co Oregon Apatinie Mail W. Union Isi Icc Pal Cott, Ors Onv M. Sur Bay State Gas Detroit Elec Ft. Wayne Elec Weld NEW York Financial Third Bank Freeman’s Bank Omgb Globe Bank LO & Andover Bank Fitchburg Bank Rollstone Bank Fitchburg Eevee Market Bank Brighton United States Bank Rtchison Kan Hamilton Bank Merrimack Man Co Armory Manufacturing Co Eeeereeerd Great Falls Nanufacturing Franklin Co Lewiston Ogdensbur & Lake Cham R—com Fitchburg i Rev St. Paul Minneapolis Manitoba Wakefield Rattan Co City Johnston Electric Train Signal Co McKay & Bigelow Heel Mach Fort Payne Coal & Iron Maiden & Melrose Gaslight Co Franklin Park Land & Improve. Co Quincy Mining Co Seeeerree Boylston Fire & Marine Ins. Co Lake Superior Lion Co Esse Ceee Akron Sioux City & Pacific Marquette, Hough. & Onton Consolidated Seeee Ester Ogdensburg & L Cham Inc Iowa Central Seer Port & Kennebec R Gs Republican Valley New York & Nfe Kansas Equipment Co Boston Athletic Association C.h.venner & CO Wall ST Congress ST Brown Brothers & 60 Brown, Shipley &C Mexico West Indies Geo. E. Bullard Louis Curtis State Street Fitchburg Railroad Cider, Peabody & Co Massachusetts Corporation Liberty A. Lewis &Co Lasalle ST Colorado Mining Investment Co JAS. Gilfillan Uex-Treas Ames Building F. W. Prescott & Co Devonshires Devonshire Street Fastern Electric Cable Co Thomson-Houston Electric Co Tle Thomson Houston Eectric Co Wayne Electric Co Westinghouse Electric Co European Welding Co Michigan Tait & Harbaugh Butler Building Boston & Maine Railroad American Loan and Trust Company Amos Blanchard omson-Houston Electric Company C. A. Coffin Ommonwealth Massachusetts Suefolk D. Phil Ander Sweet O. P. Sweet & Co O. P. Sweet & Son Court Square Frederick P. Knapp Jonmons Waquehot Thomas Je Smith Jessenger Ieeerfolk. Es Massacausetts William H. Preble Leslie C. Gleason & CO Z c. W. Bingham, Jr Devonsuhire ST Francis H. Peabody Oliver W. Peabody Frank G. Webster Frank E. Peabody Namce George M. Winslow Eastern Development Co., Limited American Loan & Trust Co Thomas Mair Cote Boo Rec Caee St M. & Stark Weat'esr
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