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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

May 16, 1891

Page

6

Watering Boston Streets Debate at City Hall Hearing

The Joint Committee on Watering Streets heard Alderman Rust and colleagues discuss city ownership of street watering. Speakers argued costs, health impacts from dust, and comparisons to Brookline Cambridge, with estimates ranging from $800,000 to over $1,000,000 to water all streets.

City Hall Rust Lee Lewis Farmer Ailen Lyon Chiles H. Dill Boston Brookline Cambridge J. Collins Warren H. J. Barnes Beacon Street O. Newt Washington Tremont J. L. Potter J. L H. K. Potter

Money and Stocks Show Dull Market on May 16 1891

The morning notes report no change in the local monetary scene. Clearing House settlements stay at 5 percent, New York funds at 10 to 15 cents per $1000 discount, and rates for call money near 4 to 5 percent with time money 5 to 7 percent. Exchange totals fall year over year in Boston and New York, with gold shipments and silver holdings noted. Atchison earnings for March drop by 144,777, while St Louis and San Francisco and Colorado Midland post declines. Crop reports show dry weather hurting oats and favorable corn planting conditions in some regions. The stock market remains dull amid foreign concerns and limited public interest.

Boston New York Europe Sub-Treasury Aeree Imperial Bank of Germany Wall Street Havemeyers Buenos Ayers Bank of Montreal London Louisville & Nashville St. Paul Atchison Wallstreet Bears Prime Wisconsin Red River Valley San Francisco Michigan St. Louis Colorado Midland Atchison, Topeka & Santa FE ST. Louis & San Fancisco S.eeeses Inc Union Pacific Gould St. Louis & San Francisco Magoun The Legal Department Messrs Kimball & Eastman State of Missouri First Preferred Atchison Company St. Louis & San Francisco Company Kimball Eastman Venner and Westinghouse Scrip Thomson-Houston Irving A. Evans & Co Detroit Street Railway Motor Department Philip Armour Mexico Diaz Cleveland & Canton Railroad Ohio Osceola Cheshire Railroad Treasury Eastern Development Company Cox, Heath Kansas City Fortscott Memphis Clinton & Springfield Ogdensburg Lake Champlain Ing Other Inc Bbeoe Bates Ince Et Totalnet Ess del. & d K. G East Tenn Erie Northern Green Bay Central Kans Lnee W Do Ince Atla., & Pac. Inc Line Island Ebia Aeue U G Louis.& Nash Butte & Bos Louis. &A C. B B.&q Minn W. M. Eeeer Pac St. la SUN K. C. Ft Wits K.C.M Hais Do Ist Inc N. Ky N. Am Rutland N. Y Ohio & Miss West S. F W.cen Rock Island Reading Kich. & W. B Bost Aib St. Pau Maine Mass C. M St. P Cleve Canton Everee St. L Fitchburg Sil Texas Pacific Flint P. M Nh. Y U. P Gulf Old Colony Sss Ener Eeee Land and Summit Saeevee Attle Union Pac Brunswick Con. Gas Seer PATO Set SEN Allone Nat'l Cord. Co Atlantic Bonanza Mont Oregon Pacific Mail Enee Cal. & Hec Tenn Franklin United States Huron Orar W. Union Kearsarge Shearer Quincy P. Ist Santa Fe Tamarack N. W Anniston City Aspinwall Boston W.P Loi Imp Doug Boylston Street G m W Brookline Cambridge Field Campobello St. le Clier East Franklin Park French Bay Gouldsvoro T.g Ca U. Pac Sullivan W. Shore Toneka West Enn Winter Harbor Eeenee Winthrop Eear Sree Wollaston Jc Col. Coal Crown Point Hocking Coal Belcher Yellow Jacket Bell Ontario di Ale Co New England Phon Toy Eneree Saad Elec. Weld Oak

Union Pacific earnings show east heavy burden, west gains

Union Pacific earnings for March show eastern divisions underperform while western segments post gains amid snow and washouts. The article notes prior 1890 losses on Oregon Short Line and Navigation, with first quarter 1891 improving, projecting a path to self-sustainment and potential bond value recovery, alongside commentary on Atchison and St Louis & San Francisco litigation and market sentiment.

Massachusetts Franchise Debate on Street Railways Time Frame

The Massachusetts House debated the bill extending street railway franchises for thirty years with opposition from the Nationalist Club of Boston and critics arguing it overtaxes travelers and binds future policy. Debates referenced compensation demands, rapid transit considerations, and motions to refer the bill to a future General Court. Letters from George Fred Williams and other figures were read, and related topographical survey and foreign cooperative banking measures were discussed.

Massachusettes House Boston Kittredge Commonwealth West End Railway Dewey Ladd Rapid Transit Commission Quincy Wilson

Parade of the Boston School Regiment Draws 1600 Boys

The annual parade of the Boston School Regiment yesterday saw about 1600 boys from English High Latin Roxbury Dorchester Charlestown and East Boston High schools march to the Common. The line formed in battalions, with a parade order including mounted police and cadet bands. After a review by city officials and a brigade dress parade the battalions dispersed for home.

Boston School Roxbury Dorchester Charlestown West Roxbury Brighton East Boston Boston Latin School Carleton E. Noyes B. L Morton A. Aldrich Baldwin J. Thomas Baldwin Acter Joseph Robbins A. C. White Ergeant E. DeWolf Wales W. F. Patten E. F. Damon C. D. Sawyer J. H. Edmonds Pelligent Drum Corps A. Henderson, Jr A. E. Wellington East Boston G. S. Holmes H.G. Hamlet E. Arthur Baldwin Robert A. Sleeper Josiah Bon George C. Hollister Tremont Congress Milk Broad State Washington School Beacon Charles Streets Tremont Street Broad Street Matthews State House Russell Emery

Massachusetts Association Meeting Plans World’s Fair Representation

A special Massachusetts State Board of Trade meeting chaired by Charles E. Adams admitted Fall River and Fitchburg boards. Borden and Low were elected vice presidents and executive council members. A committee to portray mercantile interests at the Chicago World’s Fair was named, along with a nine member panel to arrange a statewide trade banquet and fall meeting.

Massachusetts State Board of Trade Charles E. Adams Boards of Trade Fall River Fitchburg Thomas Borden Fail River Board of Trade Arthur H. Low Fitchburg Board State Board Oil Trade Association William James Goulding Thomas J. Borden Thomas Saunders Massachusetts Senate Adams F. W. Breed Chicago Boards of Trade and Business Organizations

New England Woman's Press Association to discuss Indians

The Parker House meeting on May 20 will feature an Indian vision presentation. Miss Mary Dewey of the Massachusetts Indian Association will read a paper and Frank Wood will report for the Boston Indian Committee. Marion A. Mc Brive will summarize national work, with Lizzie Morrison offering readings and music.

New England Woman’s Press Association Parker House Mary Dewey Massachusetts Indian Association Boston Frank Wood Marion A. McBrive Lizzie Morrison

Global Money and Banking Note May 15

London market quotes show Consols at 94 15-16 with 32 percent on firsts for Canada Pacific and Illinois Central at 101 percent. New York and Buenos Aires report premium gold at 290 percent. Berlin's Imperial Bank raises discount rate to 4 percent.

London New York Pennsylvania Ohio Canada Pacific Erie Illinois Central New York Central Reading Berlin Imperial Bank of Germany Buenos Ayres

New York Financial Market Ends Day With Broad Weakness

Money on call remained easy with rates near 3 percent and 60 day sterling bills around 4.84 to 4.89. Stocks opened slightly lower, rallied briefly mainly in coal stocks and Industrials, then drifted to mixed or lower levels. Delaware & Hudson led gains while Delaware & Hudson and Cordage stood out with notable movements. Overall, the day closed dull, barely steady, with most stocks off from opening and gold shipments weighing on prices. The bond market was quiet and prices stayed near dull levels.

New York Prime Mercantile Sterling Exchange Delaware & Hudson

New York Stock Sales Report Today

New York stock sales totaled 202 400 shares, compared with 242 700 yesterday and 300 600 on Wednesday. The report lists the principal stocks with their highest and lowest prices of the day.

Elow

Fall River Stocks Face Quiet Market Slump

Fall River May 15 stock market remains very quiet with prices drifting lower. Dividend yielding shares attract little interest and the plan to erect a second Hargraves mill may be delayed if conditions do not improve. G M Hoffords & Co report the following list.

Fall River Faur River Hargraves G. M. Hoffords & Co

Water Works Bonds Offer Safe Yields at 5 to 6 Percent

Investors urged to buy water works bonds secured by established properties in growing cities. Income described as permanent and steadily increasing, unaffected by strikes or adverse conditions. Also offered at par the 7 percent preferred stock of a major water utility.

United States

Also Mentioned on This Page

U. P. Matters Central Branch St. Joseph & Grand Island Oregon Short Line Oregon Railway Navigation Navigation Company Navigation Co Short Line Postox & MonTana Moving Co Consolidated Adjustable Shoe Co Calumet & HecLa Pave Telegraph & Telephone Londonderry Lithia Spring Water Co Lancaster Mills George Fred Williams Topographical Survey Commission Foreign Co-Operative Banks McEttrick George Fred. Williams Senate House of Representatives Land and Harbor Commission of the Willam E. Russkul Wardwell Haverhill Thayer Worcester Massachusetts Southwick Essex Reade Suffolk Alden Plymouth Algonquin Club Champlin Frederick W. Bliss McNary J. Stopford Charles Francis Adams Newton Fernald Everett Stopford House Boston School Regiment Massachusetts Association Boston Stock Exchange Alta Seer Oeer Mt. Diablo Best & Belcher Uphitisccecsccesso Bodie Potosi Sava Con Cala Sierra Nevada Union Con Gould & Curry Utah Seeee Hale & Norcross Cscceees Tae Jacke NEW York Financial NEW York Stock Sales Alt T. H Atenson Wwc Saleg Chace Mills King Philip Mills Weetamoe Mills Newton, Mass R. L. Day & CO Exchange Place F. W. Preacott & Co Devonshire Street Lewes Sug Eauiy Wall ST Congress Sr AGO May-Mazeppa Bates-Hunter San Miguel Con Mazeppa Qoc Dunes Colorado Mining Investment Co JAS, Gilfillan Treas Ames Building Albion Little Portland F. W. Prescott & Co Eastern Electric Cable Co Thomson-Houston Electric Co Thomson Houston Electric Co Ft. Wayne Electric Co Westinghouse Electric Co European Welding Co Detroit Electric Commonwealth OF Massachus Selts Charles F. Richardson Court Square John B. Fitzpatrick Clarence F Hare Ssoston Fred H. Seavey Baer Essenger Massachucu Nuliucl Middlesex Wille. Harding Framingham of Middlesex Harding & Co Frederick M. Esty Commonwealth OF Massachl Wsetts County OF Suffolk P. & J. Fonseca & Bros Bosi Onward Cigar Makers’ Co-Operative Association Elijah George Commonwealth OF Massachiny Sette Sufolk Court OF Lnsolyin Charles T Price T. Frank Noonan State St Curry & Hanmer Charles F. Dowse Water Harcourt Amory
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