Wall Street flurry tests nerves but avoids full panic
New York May 17 1881 The brief wall street flurry drew broker failures and alarm yet did not reach a real panic. The piece argues cautious bank policy and expansion to weather the strain, noting notable speculators and past crises from 1857 to 1881. O. D. Ashley signs the commentary.
Reminiscences of Black Friday Prices in 1873 Panic
New York May 14. Since the 1873 panic the Stock Exchange faced renewed tremors as a heavy run hit the Second National Bank and several major brokerages suspended. By 1 PM declines ranged up to 10.44 percent with many stocks plunging, while early buying offered a brief uptick before more failures, including Donnell Lawson Simpson, Hotchkiss Burnham, and Charles M Bayard. Total daily volume reached about 607000 shares.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Grant & Ward
Marine
Second National Bank
Metropolitan
Garfield
Eno
Metropolitan Bank
Spiit
Cas
Jay Cooke
Stock Exchange
Exchange
The
Goffe & Randell
Nelson Robinson & Co
O. M. Bogart & Co
F C. Williams
Hatch & Foote
Metropolitan National Bank
President Hatch
Hatch
Missouri Pacific
St. Paul
Northern Pacific
Canada Southern
Louisville& Nashville
Union Pacific
Central Pacific
Pacific Mail
Lackawanna
Burlington & Quincy
Cleveland
Columbus
Michigan Central
Omaha
Peices
Donnell, Lawson & Simpson
Hotchkiss & Burnham
Charles M. Bayard
Philadelphia
Burlington
Cedar Rapids & Northern
Wall Street Takes Pulse After Mixed Day of Trading
Growing confidence appears in New York markets as stocks open high, dip, then close at day’s peak. Banks face strain from Newark Savings Bank stoppage while demand from cash buyers and abroad remains brisk. Decline in United States Express stock sparks fears of Marine Bank fund lockups, yet overall tone ends calm.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Hardy & Sons
Newark Savings Bank
Fisk & Hatch
Sage
Norman
United States Express
Stock Exchange
Marine Bank
O. D. Ashley
The Generous Gifts of President Seney of the Metropolitan
George I. Seney, president of the Metropolitan National Bank born in Astoria on May 12 1826, is praised for philanthropy. His gifts exceed 1.48 million dollars to Wesleyan University the Long Island Historical Society the Seney Hospital and other institutions. He explains trusteeship and his belief that giving during life ensures correct use of funds.
MENTIONED IN THIS ARTICLE
Seney
Metropolitan
George I. Seney
Metropolitan National Bank
Astoria
L. I
United States Navy
James Nicholson
Federal Congress
Sepey
Wesleyan University
Middletown
Conn
University of the Use of New York
Long Island Historical Society
Seney Hospital
Brooklyn
Industrial School For
Brooklyn Eye and Ear Infirmary
Brooklyn Library
Senate hears calls for bank reform after Ward scandal
Washington May 19 Senate proceedings centered on the need to curb speculative banking. Senator Morgan urged a finance committee investigation into New York bank failures, criticizing Grant Ward tied maneuvers. Some members supported probing actions while others urged caution amid broader market wobble.
MENTIONED IN THIS ARTICLE
Washington
Cameron
Wisconsin
Senate
Sherman
Joint Committee On the Library
Senor Saviati
Venice
President Garfield
Library of Congress
Logan
Judiciary Committee
Bil
Morgan
Committee On Finance
New York
Morrill
Finance Committee
Marine Bank
Grant & Ward
Metropolis
Ward
Wall Street
Congress
Secretary of the Treasury
Federal Treasury
United States
My. Morrill
Mirine Bank
Bayard
Republicans Defeat English for Congress in Indiana Contested Seat
Washington May 14 The House committee on elections reports in favor of seating Mr English over Peele in the Indiana contest. Evidence shows fraudulent voting methods, manipulated ballots, and misprinted spring back tickets used to tally votes and scratch names. The committee concludes English won by twelve votes and should occupy the seat.
MENTIONED IN THIS ARTICLE
Washington
Converse
Ohio
Committee On Elections
English
Indiana
Peele
Indianapolis
Congress
Brown
Thousand Petitions Back Lovering Pension Bill Before Pensions Committee
Washington May 14. E B Loring M B Kittredge and Oliver Dunn for the John A Anderson Post 15 G A R of Boston presented about 1000 petitions from Grand Army posts across the states in support of the Lovering Bill. They expect 3000 more. Loring urged universal pensioning as practical relief and noted the average veteran age now 49. Dunn described the organization as an effective lobby for reform.
MENTIONED IN THIS ARTICLE
Washington
Messrs
E. B. Loring
M. B. Kittredge
Oliver Dunn
John A. Anderson
Boston
House Committee On
Union
Lovering
New York
Pennsylvania
Kansas
Indiana
Mlinois
Tuwa
Loring
Chatham Street
Dunn
Abolish English Mission Debate Marks Impeachment Talk
May 14 report from a congressional session where lawmakers debated the consular and diplomatics appropri ation bill. Critics assailed ministers, with Mr Robinson denouncing diplomacy as vanity and proposing replacing Lowell with Sackville West. Aimed at abolishing missions, the body rejected the amendment and adjourned at 4 50 p.m.
MENTIONED IN THIS ARTICLE
Wasureotron
House
Llammond
Gato
Messrs. Cannon
Follett
Hitt
Robinson
New Yorke
Lowell
London
Sackville West
Court of
Massachusetts
Parerapas
Robnson
New York
England
Mr. Robinson
Rose
Morbile Railway Disaster in Pennsylvania Kills Four Men
A west-bound freight collided with a gravel train near Connellsville Pennsylvania on May 14. Twelve to twenty laborers aboard the gravel train were killed or injured as flames engulfed overturned cars. Names of the dead include John Neville John Ward John Carey and John Hughes. A full inquiry was ordered.
MENTIONED IN THIS ARTICLE
Connellsville
Penn
Baltimore & Ohio
Speer Sand Works
Pittsburg
Olio Pyle Falls
John Neville
John Ward
John Carey
John Hughes
Fat Cassidy
Shay
Man fires on wedding prank mob in Poquomoc Ridge
Adrian C Hewitt of Pequoton bridge, near New London, defies wedding eve cigars tradition and shoots at an approaching mob wielding shotguns. Eight men are wounded, none seriously, as the crowd bombards Hewitt's house. The village doctor treats buckshot injuries overnight, and Hewitt later offers cigars to visitors who refuse.
MENTIONED IN THIS ARTICLE
Norwich
Adrian C. Hewitt
Pequonnoe Bridge
New London
Poquomoc Ridge
Hewitt
Baptist Church
Mr. Hewitt
Man Aims to Buy New York City for a Grand Pleasure Garden
Benjamin Wallace, a long time soap maker with an estate valued at about $227,000, has been declared of sound mind by a Supreme Court commission. He disappeared last month, wandered to Cavarsie beach, announced he had bought the island, and tried to dispossess a fisherman. He was later found in Brooklyn and sent to Bloomingdale asylum, where he proposed purchasing property and transforming the island into a vast pleasure garden. His condition includes a plan to build ten story flats and to own half of New York, with a shift to comic singing and a desire to shed his identity as Wallace the soap man.
MENTIONED IN THIS ARTICLE
Keene
Woodward
Northwestern
Jacob Little
Arsa
Stock Exchange
Spa
Little
New York
Supreme Court
Benjamin Wallace
Bloomingdale Asylum
Wallace
Cincinnati
Thad
St. Louis
City
North Vernon
Cabby
Adam Rogers
Portland
Waterford
Srelana
Mather Browne
Rogers
Carrick
Hickley
Caulfield
Hinckley
Rovers
Suir
Newfoundland
Two Visions and a Nightmare Haunt Cincinnati Case
A Cincinnati Enquirer account recounts two uncanny cases linking dreams to real tragedy. A woman, pleading with a physician, describes a dream of her child harmed in Cincinnati, while a later case in Ireland details a man who dreamt of a murder and later foiled or witnessed it through events at Portland and Carrick, culminating in a murder conviction. The piece preserves the era's fascination with occult visions and their perceived link to fate.
Dream and dress details in murder trial reveal town talk
In court Hickley described the victim’s clothing with precision while Caulfield pressed Rogers about his keen notice of two strangers at the public house. Rogers grew uneasy, but yielded the backstory of a dream guiding his testimony, corroborated by Father Browne who noted the dream’s townwide talk before the murder. The presiding judge was Sir George Caulfield, Lord Chief Justice.
MENTIONED IN THIS ARTICLE
Hickley
Caulfield
Rogers
Father Browne
Thade
Gecege Caulfield
Eneli
Equal Terms in Franco Chinese Treaty Stir French Ministry
Despatch from Paris reports England presses for equal commercial rights in China under the French Chinese treaty. France reportedly secures monopoly in Quanghi Quang-Tung and Yunnan while Jules Ferry argues the clause indemnifies losses in Tonguin and Auram. Diplomats say France may resist Granville demand for parity. Ferry instructs Admiral Lesapes to confirm the treaty at Tientsin.
MENTIONED IN THIS ARTICLE
London
Paris
England
China
France
Quanghi
Quang-Tung
Yunnan
M. Jules Ferry
Tonguin
Auram
Marl Granville
McFerry
Lesapes
Tientsin
Train Collision Near New Galileo Injures Several
Alliance C railroad passenger train collided head on with a freight about three miles west of New Galileo at 5 10 PM destroying engines and cars. Several passengers and crew were seriously injured including Jacob Castiner and Express Messenger McFarland with head wounds, and Freight Engineer Pontefract with a head cut.
MENTIONED IN THIS ARTICLE
Alliance
Pittsburg
Fort Wayne & Chicago
New Galileo
Galileo
Jacob Castiner
Passeneee
Express
McFarland
Beltz
Morrow
Frank Agis
Pontefract
Oysters Grow on Trees Shelter Poquonoe Fever Plague
Scarlet fever rages at Poquonoe seven miles from New London with Tillotson children affected. Authorities bar entry and exit at the Tillotson house and deny medicine or nurse access. Connecticut Humane Society to visit. prior case linked fever to oyster brush on the Poquonoe river. G F Raymond, owner of oyster beds, previously awarded 5000 damages by the Legislature.
MENTIONED IN THIS ARTICLE
New London
Poquenoe
Tillotson
Connecticut Humane Society
Poquonoe
Poquonoe River
State Board of Health
G. IF. Raymond
Starved in their dory near Banquereau
The Gloucester schooner Gertie E Foster found a dory on Banquereau May 4 with two dead young fishermen, ages about 22 and 18, who likely starved after eating raw fish. One body carried a conk shell, compass, and the name Ricland Horare. They were buried at sea after salvage.
MENTIONED IN THIS ARTICLE
Gertle E. Foster
Rosa d Erina Weds Professor Ven tum Viscount de St Croix
New York on May 19 reports Rosa d Erina Rosa O Toole prima donna and organist of the Catholic church of the Holy Innocents married to Professor G R Ven tum Viscount de St Croix. The wedding drew a great crowd at the church. The groom teaches French and music at St Louis College attached to the church. His family holds county seats in France and in Jersey.
MENTIONED IN THIS ARTICLE
New York
Or egon Beats Records On Record Run From Queenstown
The Guion steamer Or egon arrived in New York after a fast voyage from Queenstown to Sandy Hook in 6 days 15 hours and 6 minutes, beating all existing records except her own best time of 6 days 10 hours 1 minute.
MENTIONED IN THIS ARTICLE
New York
Oregon
Queenstown
Sandy Hook
Two for Tilden, Two for Butler. Ward 4 delegates named
In Dovar New Hampshire May 44 the Democratic caucus chose four delegates for state and district conventions: Joshua L. Foster, Thomas J. Smith, Michael R. Kennedy, and Michael Killoren. Two favor Tilden and two support Butler.
MENTIONED IN THIS ARTICLE
Tilden
Butler
Dovar
N. H
Ward 4
Joshua L. Foster
Thomas J. Smith
Michael R. Kennedy
Michael Killoren
Winthrops Prize Cranks and the Return of Tom Coffin
In Winthrop Maine near Lake Maranacook two odd men drive town chatter. Tom Coffin returns after years away seeming rich from Western gold and buys a grand house, firing furnishings and converting the estate while villagers recall his debts and ill deeds. Uncle Bragdon, famed cider drinker, runs a woodwork job that ends with him owing the widow 350 dollars in cider payments.
MENTIONED IN THIS ARTICLE
Abe
Winthrop
Tom Cain
Pard
Tom
Coffin
Squire Colin
Gorky
Norvals
Abu
Michigan
Chicago
Sud
Tom Coffin
Eee
Earl
Uncle Bragdon
Uncle Graydon
Kennebec County
Bragdon
Knights of Honor elect officers in Chicago convocation
The Knights of Honor convocation in Chicago elected Supreme Lodge officers led by Supreme dictator General Frank D. Sloat of Connecticut and vice-dictator L. A. Gratz of Tennessee. St. Louis chosen as permanent abode for the Supreme Lodge. Salaries set for the year: dictator 2500, reporter 3600, treasurer 3600.
MENTIONED IN THIS ARTICLE
Supreme Lodge
St. Louis
Ita
Chicago
Knights of Honor
Frank D. Sloat
Connecticut
L. A. Gratz
Tennessee
M. C. Crawford
Illinois
B. F. Nelson
J. W. Braugh
Missouri
P. OC. Carleton
North Carolina
George W. Holland
South Carolina
E. J. Davenport
Minnesota
Wis Wilson
Ohio
G.S. Woodman
Maine
John T. Milburn
Kentucky
H. N. Carpenter
Nebraska
Supreme
Supreme Reporter
Woman Tries Death by Gas Over Pet Dog Love
Chicago tale details Mrs. Julia Colson locking a hall to trap gas as she plans suicide to spare her dog, which had bitten a child. Thomas Colson and his son found the apartment filled with escaping gas. a note on a collar box explained the motive and the planned killing of the dog. Dr. Rose hopes for recovery.
MENTIONED IN THIS ARTICLE
Chicago
Thomas Colson
State Street
Colson
Fauil SA Dee
Julia Colson
Indian Style League Boys Run Off To Farm Camp
Milwaukee May 17 four ward school boys formed a violent league and armed with knives and revolvers fled west to a farm two miles from the city. They built a camp and planned to stay several days before continuing. A farmer locked them in a barn and notified the sheriff.
MENTIONED IN THIS ARTICLE
Milwaukee
Fourth Ward
Also Mentioned on This Page
Grant & Ward and Marine Bank
Daniel Drew
Mr. Drew
Daniel Groesbeck
John M. Tobin
Commodore Vandervilt
Anthony W. Morse
Caitle
Enry Keep
W. R. Travers
Jay Gould
Russell Sage
H. F. Clark
L. T. Hoyt
C. J. Osborn
Addison Camminck
Henry M. Smith
Augustus Schell
D. Ashley
Foi
Catrle
Lovering Wiso
Pensions Committee
Ricmelieu
Buck
New York City
Island
Between
Cincinnati Enquirer
Louisville
Ind
Mer
Gordon
Carmo
Khartoum
Nile
Solletter Webb
Mayo
Oxonian
Lonpoy
Oxonians
Herr Liebknecht
Sam Ward
Paorgola
Fort Wayne
Gloucester
Denver
Col
Coeur d’Alene
Howell & Co
Spokane Falls
W. T
Howell
General C. C. Howell
Eagle
Here
Milwaukee Serenes
Rich Tom Coffin
Banoor
Maranacook
Ibut
Kerridge
Jehu
Jep