Postal Service Payments To Contractors
The Contract Bureau of the Post Office Department will tomorrow deliver drafts on the United States Treasury totaling nearly three million dollars to contractors or their agents for postal services in the quarter ending today. Cabinet Meeting was attended at noon by Secretaries Fish Delano and Richardson Post master General Creswell and Attorney General Wil. Routine matters only were considered.
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Postal Service
Post Office
United States Treasury
Fish
Delano
Richardson
Creswell
Wil
Administration explains Grant letter on financial reserves use
The administration states legal tender reserves will not be placed to banks' disposal but held to meet public necessity as Treasury transactions show demands. The government says it cannot draw on the reserve except to meet its own obligations, though banks may eventually benefit from such action.
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London
The
Stock Exchange
Mr Grant
Produce Exchange
Grant
Treasury Department
Providence Banks Adopt Liberal Policy Amid Turbulent Clearing House
Adjourned session adopts report urging banks to draw and certify checks through the Clearing House and to pay currency deposits in currency while deposits in coral checks are paid in kind. Providence banks report sound and strong. Philadelphia sees suspensions and resumption news with E W Clark & Co meeting creditors. New York notes commercial friction from Bullock & Sons future outlook. Exeter’s National Granite State Bank suspends currency payments due to lack of Boston bills.
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Times
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Lecture on America urges emigration to Canada or U S
Thomas Hughes spoke at Marlborough on emigrating to North America advising Canada or the United States. He praised British Provinces development and urged readers to consider migration while noting cholera cases aboard a ship bringing in the disease and the ship Lemon loss. Bowles Brothers bankruptcy hearing adjourned to December 23 for negotiations.
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Bowles Brothers & Co
Alleged Bond Forgery Shocks Massawippi Case in Canada
Francis Upton, his son Edward and Thomas Connolly faced Judge Dowling for examination on forging a $1000 bond of the Massawippi Valley Railway Company of Canada. The forged instrument reached Emmons Raymond, president of the Connecticut and Pussumpsic Railway, via Dr S K Lyon who claimed it came from Francis Upton through Edward and Connolly. Connolly admitted possession for six months but offered no clear source. All three were arrested and committed in default of 10,000.
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Connolly
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