Carpet Wool Duty Sparks Wide Manufacturer Debate in 1889
Letters from George William Bono & Co Mauger & Avery and Arthur T Lyman treasurer Lowell Carpet Co discuss whether the United States should remove the duty on carpet wools The consensus is there is little US carpet wool production and removal would lower costs boost imports and benefit New England without harming national interests
MENTIONED IN THIS ARTICLE
United Question Clubs
George William Bond & Co
Mauger & Avery
Arthur T. Lyman
Lowell Manufacturing Company
Samuel W. Meachum
United States
Mississippi
Boston
New England
Grerce
William Bono & Co
Samuel W. Meachum, Esq
Maucer & Avery
New Mexico
Colorado
Isles
Linccoln
Harrison
The
Lowell Carpet Company
Luston
Business Troubles Reach Several Firms in Boston and New York
The report details Louis Straus of Straus Kinsley & Co and related Boston and Philadelphia wool firms facing financial strain. Partners in related ventures dispute liabilities, with talks of temporary trouble, asset shortfalls, and forthcoming creditor meetings. Also noted are unsettled matters at Union Stone, Douglas Axe, Batcheller shoe makers, and New England Yerma Cotta Lumber pending audits and asset sales.
MENTIONED IN THIS ARTICLE
Louis Straus
New York
Boston
Straus, Kinsley & Co
Federal Street
J. D. Kinsley
J. M. Davis
J. M. Lachlan
W. T. Bishop
Straus
Philadelphia
Mr. Straus
Davis
Kinssey
Shepard & Morse Lumber Company
Hoace
Shepard
Asa French
George W. Hollis
Committee On
Charles H. Tyler
Union Stone Company
Douglas Axe Company
J. Bb. Tait
Laft
Douglas Company
Dana
R. H. Dana & Co
Latt
E. & A. H. Batcheller & Co
Shoe and Leather Exchange
New England Yerra Cotta Lumber Company
Milk Street
Money market and stock summary from Boston and Wall Street
The Money Market notes steady funds with Clearing House rate at 2% and general time loans 4 to 6 percent. New York and Chicago exchanges declined year over year while balances shifted. Bond offerings total 293100, with Atchison and Atlantic & Pacific stock moves, earnings tallies, and Ku paths in Burlington Northern speculation.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Charleston
Savannah
Wall Street
Atchison
Topeka
Manuel
Atlantic & Pacific
Burlington & Quincy
Wall Street News
Chicago, Burlington & Quincey
Forbes
Chicago, Burlington & Northern
Spencer
Baltimore & Ohio
Drexel-Morgan
Harris
Northern Pacific
Chicago, Burlington & Quincy
St. Paul
Northwestern
Burlington & Northern
Pullman Palace Car
Pullman Palace Car Company
Union Pacific
Adams
Union Pacific Road
Lport Worth
Denver
Eastern
Ilinois
Market closes firm after dull session with scattered gains
Financial page notes quiet sterling market with 60 day and demand bills at 4.84 and 4.87 percent and posted at 4.85 4.88 percent. Government and railroad bonds steady. Mixed stock action after noon led by Louisville & Nashville and Richmond & West Point, with Reading showing late strength to 47. The day ends firm but features little overall movement and a modest stock sale total of 154,970 shares.
MENTIONED IN THIS ARTICLE
Prime Mercantile
Sterling Exchange
Louisville & Nashville
Richmond & West Point
Northern Pacific
Missouri Pacific
Reading
The
Stock Exchange
Tnnessee Coal
Jersey Central Reading
Jersey
Tennessee
Railroad hearing at Watertown chooses Pleasant street route
Citizens packed the Town Hall as Newton Electric Street Railway Company asked for tracks along Pleasant street to Waltham rather than Main street. G W Morse represented petitioners. Sherman Hoar spoke for remonstrants. A large signed petition favored Pleasant street while a remonstrance from leading citizens opposed it. The Selectmen will decide later.
MENTIONED IN THIS ARTICLE
Watertown
StEectAu
Waltham
Newton
Pleasant Street
Discharged Convicts Report From Massachusetts Society
The Rev. James De Normandie presided at the quarterly meeting of the executive committee. The report shows 138 discharged convicts advised and assisted during the quarter, with nationalities including American 87 Irish 67 English 12 German 6 Scotch 6 Nova Scotian 9 Norwegian 1 Italian 2 Swede. Ages averaged 33 years 5 months 3 days 23 hours. average sentence 8 years 4 months 2 days 23 hours. 143 married, 95 single. 135 white, 3 colored. 112 intoxicated at arrest, 26 temperate. 86 had prior arrests, 74 resided in Boston at arrest, 24 homes within 25 miles of Boston, 8 homes more than 25 miles away in state, 10 homes in other states, 22 no fixed residence. 30 furnished board, 29 clothing, 16 meals and lodging, 29 conveyance to homes or to seek employment, 26 family stores, 9 tools for trades. 72 from Massachusetts State Prison eras, 66 from various houses of correction in the Commonwealth.
MENTIONED IN THIS ARTICLE
James de Normandie
The
Massachusetts Society
Boston
Massachusetts
Roxbury Carpet Patterns Offered at 85 Cents a Yard
The Roxbury Carpet Company presents its full range of patterns plus many private designs. The complete line is priced at 85 cents per yard. John H Pray, Sons & Co.
MENTIONED IN THIS ARTICLE
Roxbury Carpet Company
John H. Pray, Sons & Co
Money on Call Rates in New York Market
New York markets report money on call was easy with rates ranging from three to six percent. the last loan rate cited stands at an unspecified level as of September 19.
MENTIONED IN THIS ARTICLE
New York
City of
Boston
London and Paris Financial Briefs from Sept 19
London notes Consols at 97 1 2 for money and 97 3 4 for the account. A G W firsts 3 6 4. Canadian Pacific 60 1 4. Erie 29 1 2. Do seconds 10 3 4. Illinois Central 120 4 4. Mexican ordinary 53 1 4. St Paul common 74 3 4. New York Central 111. Mexican Central news 70 1 8. The Stock Exchange to close Saturday for building repairs. Bank of England bullion down 53 000 in the week. reserve ratio 42.62%. Paris Bank of France weekly gold up 3 750 and silver 8 400 000 francs.
MENTIONED IN THIS ARTICLE
Saies
Miguez
Arnold
Acinnuc
Qhiy Bonanza
Mont S
Otly Bal
Hutte
Boston
Alo & Hele
Franklin
Aspinwaall
Boothvay
W. P
Boylstok Street
Brookline
Campovello
Enene
East Hositow
Ces Cco
Newport Lamoine
Payson
Penobscot
San Diego
Sullivan
Topeka
Ees
Dbs
Winthrop
Wollaston
Bsc Bonds
Atchison
Tros
Mai
Cme
Yu At. & Pac
Lk. & Mo
Lst
Do Inc
Kan
C. & Ws. Mich. Hs
Gon. Vt
St. P
D.D
K. C
Fis. & G
KG. Bod. Saks
Kk. C
New
Isex
S. A
Nor
Pac
Soesseedld
Oregon
Texas
Sonora
Doine
Atlantic & FP
Boston & Albany
Boston & Lowell
Lioston & Maine Ee
Pvs
Cseei Eee
Central of Mass
Cs.ees
Rao & New CB
Qenes
Clev
Canton
Fitchburg
Oslo
Oss Flint & P
Scott & Gulf
KO & Sp
Ed ’ Sp. & Mem
Maine
N.Y
N.E
Old Colony
Eecscaves
Rutland Sea
Eernne
Union Pacific
West End
Wisconsin Central
Enee Ee
Bell
Rela Boy
Eastman Car Heater Fellce Aces Ors Lamson Store Serv. Co
Ball Pullman Palace Car Co
Cotton Oil Prust
Pneumatic Tool Co
Gly Burton Stock Car Co
Chi
Boston & Liverpool Co
Coor
Ee Vg North Chi
Eee
Co E
Lucar Refineries
Iene kOuys
Thomson-f Houston
Do Trust
Thomson Elec
Westinghouse
Packie
Air & Pref
A H
St. Thes
Lowa
Del
RG Ee
Fort Wayne
HL Central
Hand
Kings
Pem
Lake Shore
Long Island
Nash
Louis
N. Ar Caee
Seer
Chito
Northwest'n
Coco l
St Lewes
Ois
Ohio & Miss
West
Pittsburg
Rock Island
Rome
Steer
P.M
Texas Pacific
Goo
Olly
Gus Wewereee
Amer
Catile “Trust
Rey Tia Fenn
ASO
St. L
B.& RG
Wisse
P. Cow
I. Pace
Shore
W. Deb
London
Canadian Pacific
Erie
Ilinois Central
Mexican Ordinary
St. Aul
Bank of England
Paris
Bank of France
Snes
Union Pacific Telegraph System Sale Challenged as Fraud
District Attorney Pritchett and Attorney General Miller filed a petition to set aside the Union Pacific sale of its telegraph system from Omaha to Ogden to Western Union, claiming fraud against the government. The suit follows an injunction Western Union earlier sought to stop alleged contract violations, with the United States as intervener.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Pritchett
Miller
Union Pacific Railway
Ogden
Western Union Company
Western Union
Union Pacific
United States
Commercial Market Report Snapshot
Flour shows moderate demand while corn remains dull and oats firm. Rye and rye flour quiet with steady graham flour and firm cornmeal. Oatmeal dull. millseed slow. cottonseed meal nominal. Butter firm. oleomargarine dull. cheese strong. Eggs firmer. beans quiet. potatoes higher. Poultry quiet. hay firm. straw dull. Apples in fair demand. oranges nominal. lemons very firm. bananas steady. Pork firm. lard in good demand. hogs steady. corned beef dull. Fresh beef in fair demand. muttons quiet. limbs unchanged. veals not active. tallow quiet. sugars steady. molasses nominal.
Wool market shows mixed week with price drops and gains
Receipts of domestic wool reached 3258 bales while foreign wool totalled 3958 bales. Total weekly sales stood at 3,258,000 pounds, with domestic 3,158,000 and foreign 100,000. Market notes a buyers’ mood, with substantial lines sold at lower prices, yet some stays firm, especially in western wools, and a slow recovery anticipated as confidence returns.
MENTIONED IN THIS ARTICLE
Ohio
Pennsylvania
Michigan
Territory
Texas
California
Oregon
Eastern
Georgia
Maine
England
Continent
Australia
Delaine
New York
Kentucky
Montana
Montevideo
Sea Island Cotton Crops Reach Record High
The Sea Island crop totaled 44 143 bales versus 39 497 last year, up 4 664. Shipments to Europe 22 710 bales and to Northern mills 20 805. Stock at Charleston and Savannah on Aug 31 stood at 669, up from 147. Average upland weight 497.83, Sea Island 381.44, crop 497.06. The yearly excess over last year makes this the largest crop on record.
MENTIONED IN THIS ARTICLE
Sea Island
Europe
Charleston
Savannah
Also Mentioned on This Page
Abby Pree
Ritchburg
Ogdensburg
Lake Champlain
Rutland
Concord
American Loan &Trust Company
Tamarack
Kearsarge
Calumet & Heeda
Boston & Montana
Thomson-Houston
Crapo
Brackett
Russell
Boston Stock Exchange
Brokers’ Board
Hughest
T. & S. Ferty
GOW Peresks Ace
Rock & Fl.s
Cent, Inc
Nya& N. GS
Ottawa
Oe & IF. BR
Bell Tel.s
Ss. Fe
Bost
N. E
Og. & L. Cham
Pullman Pal
Suiminit
Ss T. &S
HO & Ont
Enon
Wsclbe
Abo UC Arm
Bell Tel
Itignts
Lainson S
San Diego Land
Bnd Land
Kearsarge Mining
S. Fe
Mont
Pallinan Pal
Edison Phone
Miscellaneous Stock Exchange
SALES
Ning Companies
CRS Tino Say
Occidental Parganas Con. C. & Va
Quicksilver
Gly Col
Deal Asa Ee
I Stanislaus
Homestake
Ward
Ontario
Wilson W. Fay & Co
State Street
Harvard Land
Anne Seeee
Chase
McKay Heeling Mach
Don Enrique
Robinson-Foster
Phoenix
Arizona
Cessreeeere
National Telephone
Edison Polyform
Cal
Enone
Best
Velener
Ophir Chollar
Eavere
Etree Crown Point
Sierra Nevad
Reis Ninie
Eureka
Union
Utah
OO Gould & Curry Eeee
Yellow Jacket Ieee Ee Hale & Norcross
Union Pacific Telegraph System
Gilman, Cheney & Co
St Louis
Hutchinson
Farnum, Reardon & Co
Eeee
Gan
Milne
Wheatin
Nor Hard
Northern
City Hall
Mass
City of Boston
Alfred T.turner
City Treasures
Alfred T. Turner
VV. Ee
ARS Boston
Boston Tow Boat Co
Righls
Congress St
Riallo
Devonshire St
F. B. Rogers
Eastern Banking CO
Francis A. Osborn
Merrihew
Alfred B. Shepperson
Great Britain
Moxiug Oneccepwaseas Coeleeee
Kates. Bates
L.cceasse
Canada
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!