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Medford Historical Society Papers, Volume 29., Development of the business section of West Medford. (search)
tmore-Usher home in 1814. This new house with its stable was shaded by many trees, enlarged in 1871, and was enclosed by a massive front fence. In May, 1870, only one little one-story building stoOber in December, 1870. This was the extent of business operations then. In the winter of 1870-71 Mr. Usher had the roof of that one-story building (in which the post office had once been) raised up and another story built in, with stairs, outside, to it. In the spring of 1871 Charles W. Macy opened in it a little store, notions, newspapers, etc. Mr. Usher had built a small two-story house er small store and upper room beside Macy's, into which a house painter came. In the summer of 1871 Mr. Usher branched out some more, building in the intervening lot next the old house a one-story s in marked contrast to the old two-wheeled hose carriage housed in Daniel Richardson's stable in 1871. But we remember that Spot pond water had but then just come, and that all the gas we had was of
authority of the same, That his Excellency, the Governor, be and is hereby authorized and required to issue. in the name of the State. Bonds or Stock to be countersigned by the Comptroller General, for the amount of four hundred thousand dollars. bearing interest at the rate of 6 per cent. per annum, payable semiannually at the Treasury of the State and redeemable thereat; that is to say, two hundred thousand dollars on the first day of January, which will be in the year of our Lord one thousand eight hundred and seventy-one, and two hundred thousand dollars on the first day of January, which will be in the year of our Lord one thousand eight hundred and seventy six. Sec. 2. That the faith of the State is hereby pledged for the punctual payment of the interest on said Bonds or Stocks, and for the redemption of the principal of the same when it shall become due. Sec. 3. That all money arising from the sale of said Bonds or Stock shall be placed in the Treasury, subject to the d
rices. The animation is most marked in the State stocks and Illinois Central chares, while the general list presents few features of interest. The opening of the Illinois Central transfer books to-day gives rise to no remarkable fluctuations in this stock, and the deliveries of the day are made with considerable ease. The list of Government securities show no material changes.--the registered bonds of 1881 sold at 86, which we believe is the lowes' point yet touched. The fives of 1874 and 1871 are comparatively firm. Money is in fair demand at 5 per cent. On call. The rates for paper remain very uncertain and nominal.--foreign exchange closed dull at 105@105 ½ for sterling, 5.37 ½@5.32 ½ for France. The Board of Brokers hold no second session this afternoon, they adjourning over to participate in the reception of the Seventh Regiment. the following gis the statement of the imports of foreign dry goods at the port of New York for the week and since January 1, compared with t
. Dale, is on the eve of leaving for Kansas and Nebraska, on business connected with that Bureau. The Government has no official advices that other than half-breeds from the Indian Territory west of the Mississippi have entered the Confederate military service. Financial and Commercial. The New York stock market continued dull on Tuesday, and Government stocks without any change of importance. $12,000 U. States 6's 1881, coupon, sold at 87 ½a88; 3,000 6's 1867 at 86 ¾a87; 5,000 5's 1871, reg., at 80; 2,000 5's 1865 at 86; and 11,000 Treasury 6 per cent. notes at 96a96¼. In State bonds there was but little business done; the principal operations being some $84,000 Missouri 6's at 44¼a44Ȃ 22,000 Tennessee 6's at 45 7/8a45¾; and 6,000 Virginia 6's, at 53a54. On Wednesday, Virginia 6's advanced ½ at first board, closing at 53 ½; Tennessee 6's declined 1 ¼, and North Carolina 6's ¾. The New York Herald, of Wednesday morning, says: Stocks continued extremely dul
Financial and Commercial. Since our last report specie has gone up considerably. We now quote $15 as the buying, and $16 as the selling price for gold. Sliver is bought by the brokers at $12, and sold at $13. Bank Notes.--Southern bank notes are bought by the brokers at $2.75, and sold at $3. Bonds and Stocks.--At the auction sale of Lancaster & Co., on Wednesday, bonds and stocks commanded the following figures: Confederate 8 per cent. coupons, 1881, 114; do., 1871, 112; registered bonds, 1868-'9, 110; convertibles, 113 to 115; 15 million loan coupons, 190; do. registered bonds, 152½ to 155; Virginia registered bonds, 1891-'94, 253; do., 1890, 255; do., 1887, 257; registered bonds, past-due, 197 to 198, North Carolina 8's, coupons' 235; city of Richmond 6's, 246; Lynchburg coupon bonds, 255; Norfolk bonds, registered, 165 to 166; Alexandria coupon bonds, 255; Va. and Tenn. railroad bonds, second mortgage, 242; Va. Central railroad bonds, second mortgage, 245; Va. Cen
ew regiments have been organized at Cincinnati for the field. Fifty thousand dollars in 7.30 United States bonds was presented to Admiral Farragut by his friends in New York on Saturday. The Board of Supervisors of the city and county of New York have resolved to raise four millions of dollars to pay the thousand-dollar bounty, to prevent a draft. The debt of Vermont amounts to $1,640,845, or $5.21 for each person in the State. The debt is principally funded, and is payable in 1871, 1874 and 1897. The model of a colossal statue of the late Major-General Berry is on exhibition in Portland, Maine. This is said to be the first statue of the kind ever attempted in Maine. The New England railroad companies are beginning to use wood again on account of the high price of coal. Not one-half the usual amount of lumber will be cut this winter on the Aroos-took or St. John rivers, in Maine. Supplies and labor are so high that operatives generally concede that noth
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