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In 1878 to forestall financial ruin Osgood joined with the Hurd and Houghton firm to form Houghton, Osgood and Company. A fire destroyed the inventory of this newly formed company in 1879. Osgood started up again in 1880 This new company went out of business in 1885.
The firm published a number of periodicals- Atlantic Monthly, Our Young Folks, Every Saturday- as well as numerous first editions including books by Bret Harte, Ralph Waldo Emerson, Oliver Wendell Holmes. Many of these latter authors were originally published by Ticknor and Fields.
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