The entire business portion of Gilboa, N. Y., comprising twenty-two buildings, was destroyed by fire on the 4th, entailing a loss of about $175,000. Insurance about $50,000.

The Ohio Democrat, New Philadelphia, OH 8 May 1890

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EVERY BUSINESS PLACE DESTROYED.

GILBOA, N. Y., May 4.---This morning a fire broke out in the Arcade, a large wooden building in this village, and quickly spread to adjoining buildings, which were soon enveloped in flames. There being no means of extinguishing fire, the whole village was at the mercy of the flames. The entire business portion of the town was destroyed, twenty-two buildings in all. Not a store is left in the town, and most of the stocks were destroyed. The loss is estimated at from $150,000 to $175,000. There is only a light insurance, estimated at about $50,000.

The New York Times, New York, NY 5 May 1890
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Transcribed by Linda Horton. Thank you, Linda!