The Great Failure and Gowen's Iron Empire Downfall
The Philadelphia and Reading Coal and Iron Company collapses after years of debt and monopoly schemes led by Franklin B. Gowen. The 1833 chartered railroad and its coal holdings faced massive losses, with vast land holdings, miles of track, and numerous mines in Pennsylvania, provoking international outcry and warnings on English and American observers about debt and mismanagement.
MENTIONED IN THIS ARTICLE
Philadelphia and Reading Coal and Iron Company
Hope
Franklin B. Gowen
Pennsylvania
Schuylkill
Columbia
Northumberland
Belgium
Suspended Railroad Company
United States
Schuykill Canal
Port Richmond
Philadelphia
Franklin D. Gowen
Laurel Run Improvement Company
Laurel Run Company
Luzerne
Gowen
Coal and Iron Company
Laurel Run
F. A. Hedwig
Pottsville
Reading Railroad Corporation
London World
Bulltonpe
Daily Telegraph
New York Tribune
London
Reading
The Latest Crash The Reading Suspension Details
Philadelphia reports the suspension of the Philadelphia and Reading Company involves a range of 250000 to 600000 dollars plus 500000 needed for interest on consolidated bonds due June 1. Private holders face losses on checks and advances tied to tolls and coal deliveries as discussions suggest coal prices may rise.
MENTIONED IN THIS ARTICLE
Philadelphia
Philadelphia and Reading Company
New York
Bank of America
Manhattan Bankin Institution
Jay Gould
Moses Taylor
Chicago
Burlington and Quincy
Burlington and Missouri River Railroad
Nebraska
Chicago, Burlington and Quincey Railroad Company
Burlington and Missouri
St. Joseph & Council Bluff Railroad Company
Nedoway Valley Railroad
Tarkio Valley Railroad
Chicaao, Burlington & Quincy Railroad Company
Chicago, Burlington & Quincy
Atchison, Topeka & Santa FE
Kansas Ciry, Lawrence & Southern
Labouchere in London and Washington Anecdotes
A Philadelphia Times writer lauds Labouchere as a daring, globe trotting diplomat with sharp wit and a liking for American ways. The piece recounts his Downing Street under the table proposal, his Washington days under Pierce, and clashes with Marcy. It notes his enemies, courage in debates, and charm with American society.
MENTIONED IN THIS ARTICLE
Philadelphia Times
Labouchere
England
Downing Street
Great Britain
Rhine
Washington
Legation
Pierce
Daniel L. Marcy
Marcy
Sir Andrew
Laouchere
Frankfort
Inglishman
Financial Matters in Boston Stocks and Money Market
Boston money and stocks report shows money is abundant with low rates, banks holding excess reserves, and foreign exchange firm. Reading Company suspension and railway notes dominate keeps the market hedge. New York weak then strong, Philadelphia and Reading impact, and outlook projects continued volatility until values align.
MENTIONED IN THIS ARTICLE
StaTe Street
United States
New York
Dusiness
Brokers’ Board
Bears
Philadelphia and Reading Coal and Iron Company
Reading Company
Fhlow
Gowen
Commercial Matters Boston Markets May 22 trade and prices
Boston markets report slow trade with improved tone in some sectors, demand for raw and manufactured goods rising. Apples, beans, boots and shoes, butter, cheese, coffee and tea, corn, cotton, oats, lard, oils, and sugars show varied prices and steady to soft activity. noted are prices for Baldwins, Peas, boot types, creamery butter, white wheat, and Porto Rico sugars amid cautious optimism.
MENTIONED IN THIS ARTICLE
Order
Boston Daily Ghone
Berge
Kid
Goat
Morocco
Button
Congress
New York
Vermont
Franklin County
Choice Dairy
Choice
Maracaibo
Rio Elspa
St Domingo
Nova Scotia
Cumberland
Uplands
Gulf
Lima
Sapan
Vrmont
Canada
Wisconsin
Minnesota
St. Louis
Illinois
Indiana
Ohio
Michigan
Annesota
Choice Bakers
San Francisco
Australia
Melbourne
Sydney
Liverpool
London
Glasgow
Krom
Philadelphia
Haltimore
Alexandria
Georgeco
Flour and grain and cotton market notes from Saturday
Saturday May 22 market updates show flour and meal prices steady across grades. Cotton futures rose 4 to 7 points with May at 11.60c and December at 10.54c. pecans, pork, bacon, lard, beef, and butter prices listed. grain and wheat activity noted with Advancin g wheat prices and various futures.
MENTIONED IN THIS ARTICLE
City Shipine
Southern Bakers
Fami Rands
Southern Ahr
Deceber
Western Dairy
Hetat
Phil
Ege Deary
Market report shows mixed commodity prices and steady sales
The page records noisy commodity quotes with oats soybeans corn and sugar showing firm or quietly steady prices and spot and future bids. It notes sales volumes across grains including 131000 bushels mixed and white oats and 949000 bushels total across exchanges, with varied May June and July delivery terms and weak naval stores and refined petroleum movements.
MENTIONED IN THIS ARTICLE
Stamer
Ste
Aiec
Abu Undand
Harda
Hrtatol
Bateam
Pratn
Cork
Buroleum
Hamburg
Brighton Cattle Market Live Stock Prices and Quotations
Livestock reported for Brighton market shows cattle 4441, sheep and lambs 208, swine 11062, western cattle 4168, eastern cattle 114, veal calves 205, horses 210. Beef cattle live weight prices range from 4 to 5.40 per 100 pounds. trade described as varied with better quality Reeves and rising prices. Veal calves and sheep prices noted with purchases by W Leollans, D Keenan, and G W Hollis among others. western cattle arriving from Maine and Watertown competition noted. Market remarks indicate improving quality and shifting balance between drovers and butchers.
MENTIONED IN THIS ARTICLE
Brighton
Doston Daily Globe
HkiawTon
Massachusetts
Miis
W. Leollans
Jersey
D. Keenan
York State
G. W. Holis
C. Tabby
W. Scofl
Stoke Carry
Sucre
West
G. W. Hollis
E. Farrell
Cars
Stauphter Houes
Watertown
A. N. Monroe
Ma'ne
Northern beef cattle market report from Watertown sale
Prices for dressed beef cattle listed with weights and quality gradings. Notes on activity, buyers, and several sales by Aldrich Johnson Dunn Moulton and Wood Rowly with specific lots of milch cows veal and sheep trading details. Western cattle arrivals and prospect of shipment to foreign markets are mentioned along with prices per hundred weight and per head.
MENTIONED IN THIS ARTICLE
Valencia
Eton
Manila
Buenos Ayres
Montevideo
Serra Leone
Iitre Rios
Concordia
Rio Grande
China
Zanzibar
Adens
Fin Amestic
Southern
Calcutta
Bengal
IKON
Boston Daily Glone
Watertown
Tei
Brichton
Aldrich & Johnson
Dunn & Moulton
W. Gregory
Bein
Slee Ri Tb
M. T. Shackett
Western
Perth
Oalle
Pibh
Wood & Rowly
Avera
Hi. Bardwell
Massachuusetts
M. Flint
Tha
N. Morris
Randolph
Michigan Shores
S. c
Western Fa
Lars Ty Hibs Shores
Gic
Tive Bo
eWolfe & Jones
B.S. Mantings
J. A. Hathaway & Co
J. McFlyne
Gloucester fish market notes heavy week in arrivals
Gloucester reports a busy fishing week with 3 fleets landing vast quantities. Grand Banks contributed about 400,000 pounds of fresh halibut and Western Bank 230,000 pounds codfish, Georges Bank 528,000 pounds codfish, with Shore fishing grounds and others adding hundreds of thousands more. Prices quoted include Georges cod at 4 4 7s per ton, large Western Bank cod at 4 4 4s, and fresh halibut at 4 q05c.
MENTIONED IN THIS ARTICLE
Gloucester
Grand Banks
Banks
Georges
Hyarnis
New Shore
Haddock
Wonderful Popularity of Hop Bitters Gains World Fame
A 1878 testimonial promotes Hop Bitters as the best known curative, claiming rapid building of debilitated systems. Costrados Station, New York, cites a elderly patient recovering mobility after use, with further benefits to the husband and children.
Enthusiastic Endorsement for Hop Bitters from Gotham
Tim Burch of Gotham New Hampshire thanks Hop Bitters for curing his palsy symptoms after four years of tremors and ague. A single bottle steadied his nerves and restored steady handwriting, praising the medicine's honesty and effectiveness and urging continued production.
Duty to Others. Krider praises Hop Bitters recovery
Anoa Maria Krider of Chambersburg 74 or older says health improved after using three bottles of Hop Bitters. She details past weakness cough dyspepsia debility and constipation and claims appetite and bowels improved and cough ceased. Her note cites Oswego Sun reader Ed.
MENTIONED IN THIS ARTICLE
Chambersburg
Anoa Maria Krider
Tobias Krider
Anna M. Krider
Toltas Krider
Hop Bitters
Oswego Sun
A Husband's Testimony on Hop Bitters Cure
A Syracuse woman suffered years of blotches and pimples until Hop Bitters cured her skin. After trying many remedies at high cost with harmful effects, one bottle made her face smooth and healthy, described as a near miracle. The testimonial is attributed to a member of Canadian Parliament.
MENTIONED IN THIS ARTICLE
Syracuse
N. Y
Delevan, Wia
Genta
D. Borex
Augusta Lady Promotes Hop Bitters Cure
A woman from Augusta Maine recounts traveling through Europe seeking health at great cost but finding no relief. She credits her recovery to less than two bottles of Hop Bitters and urges others to stay home to avoid costly journeys.
MENTIONED IN THIS ARTICLE
Europe
Augusta
A Lovely Chaplet of Hop Vines in Blossom
A late fashion report extols hop vines as the prettiest chaplet and a medical review praises Hop Hitters as a general renovator of health. They aid digestion, help food assimilation, and promote healthy function in all organs, with fashion and health both endorsing hops.
Hop Bitters touted as nerve tonic and health restorer
Advertisements praise Hop Bitters as nature's brain and nerve food, claiming it quiets nerves, invigorates the body, cures various diseases, and restores vitality. Letters from Delevan and Monroe cite improvements in age related frailty and kidney issues, while Bradford urges sharing a bottle with sick friends.
MENTIONED IN THIS ARTICLE
Bradford
Penn
Fannin Green
Hop Bitters praised by Evansville patrons
Evansville Wisconsin June 24 1879 local endorsement extols Hop Bitters noting universal satisfaction and numerous cures. The ad claims one person gained eleven pounds after taking a few bottles and credits SMITH IDE with promoting the product.
MENTIONED IN THIS ARTICLE
Evansville
Wis
Smith & Ide
Indigestion Claims Moral Basis for Punishment
A newspaper critique argues juries burdened by moral bias may condemn the innocent, and suggests society might better address crime with medical relief such as Hop Bitters for those on trial rather than lengthy penal servitude.
MENTIONED IN THIS ARTICLE
Adams
Celestial Empire
Hop Bitters praised as cure in 19th century letters
A collage of testimonials from Cleveland to Grenada tout Hop Bitters as a life changing remedy. Letters claim improved color, vitality, and health for mothers, children, and family members after using multiple bottles.
Also Mentioned on This Page
Philadelphia and Reading Railroad
The
Coal Combination
Patisees
America
Charles E. Smith
Mr. Smith
Mr. Gowen
Adolph Borie
McCalmont Brothers
Reading Securities
Smith
Borie
London Times
McGowen
Boston
Truth
M. P
New England
Boston Daily Globe
Mass
Financial Matters
Boston Money and Stocks
Review OF the Week
United States Bonds
U.S
Hartford & Erie
Hartford, Providence & Fishkill Railroad
New York & New England
Hartford & Erie Corporation
Burlington & Missouri
Eastern
Kansas City
Lawrence & Southern
Central Trust Company
Newark, Sr. Louis
Wichita
Kan
Llitty Rock & Fort Smrru
UBRO
Sversceveccae
L& SF
Ste Mming Cos
Aten T
Seeveres
Wil & B
Mentees
Jon & Low
OL Sehe
Atlantic
Kent Walion WO
Bart & EK
Brunsw’ Aa i
Union Pac
Seerese
M. K
Béa
Serereee
Bos & Alvanyl
Hart & aFehs
Nash
Rutiaua Pref
Boston Markets
Rockland
Porto Rico
Eastern Nail Association
Cvs
Elaine
Maine Central
Houston
Bbc
Weynote Hamilton
Maine
Loston
Western Steam
Carolina
Cadiz
Mediterranean
Sas Oehold
Turks Island
Sintrac Bible
Cienfuegos
Sagua
Sumac
Straits
Sicily
NEW York Markets
Watertown Union Live
Gloucester Fish Market
John A. Dodge &Co
Wall Streeft
SuTuwyly_ jas
the Sun
New York City
Costrados Station
W. B. Hathaway, Agt
U. 8. Ex. Co
Gotham
N.H
Tim Burch
Expemenos
Monroe, Mich
Sims
W.L. Carter
Cleveland, O
B. Pope
Plain Dealer Co
Springfield
Til
Mary F. Starr
Grenada
Miss
D. D. Moore
New South
Sandertox
Dean Sir
Fred, Thunsberger
Paulding
Hot Bitters Co
GEO. W, Pottse, Raa