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H UNT’S

MERCHANTS’

¡§k

MAGAZINE,

iS U w iS p a p i* ,

REPRESENTING TH E IN D U ST R IA L AN D COMMERCIAL IN TERESTS OP TH E U N ITE D STATES.
[Entered according to A ct o f Congress, In the year 1892, b y W m . B. D an a & Co., in the Office o f the Librarian o f Congress, W ashington, D. O.]

V O L . 54.

N E W Y O R K , A P R IL 16, 1892.

Uhumcial.

ITitrattciaX,______

Ifiu a ix tia X .

A M E R IC A N
Bank Note Company,
78 TO 86 TRINITY PLACE,

American Exchange Bank,

SO LID

S IL V E R .

G O R H A M M ’f ’g Co.,

NEW YO RK .
B u sin e ss F o u n d e d 1 7 9 5 .
Incorporated under Law . o f the State of New York,

1856«

R e o r g a n iz e d 1 8 7 9 .

Broadway & 19th St.,

E n g r a v e r s a n d P r in t e r s ok

BONDS, POSTAGE & R EVENUE S TA M P S ,
L E G A L TE N D E R A N D N A T IO N A L B A N K
N O T E S o f th e U N IT E D 3 T A T E S ; and fo r
F o re ig n G o ve rn m e n ts .
EN GRAVING AND PRINTING,

The National Park Bank
o f New York.

ST. LOUIS, MO.
C a p ita l, - 2 5 0 0 ,0 0 0 I S u rp lu s, . $ 3 0 0 ,0 0 0
PETER NICHOLSON, President.
AL Y AH MANSUR, Vice-President.
_
_„
WALKER HILL, Cashier
_ w e send items d i r e c t to every banking point in
this State_____________________________

Henry Sproul &

AND 9 MAIDEN LANE.

B A N E N O T E S , S H A R E C E R T IF I C A T E S , B O N D S
F O R G O V E R N M E N T S A N D C O R P O R A T IO N S ,
D R A F T S , C H E C K S, B IL L S O F E X C H A N G E ,
S T A M P S , «fee., in t h e finest a n d m oot a r tis tic style
FR O M STEEL PLATES,

Special papers manufactured exclusively for
use of the Company.

SAFETY PAPERS.

W o r k E x e cu te d In F ir e p r o o f B u ild in g s .

LITHOGRAPHIC AND TYPE PRINTING.
R A I L W A Y T I C K E T S O F I M P R O V E D S T Y LE S .
S h ow Cards, L a b e ls , Calendars.

John L. Williams & Son,
1

B A NDEALERS R S,
K E IN
AN D

.

S u r p lu s ,

.

.

-

-

$ 2 ,8 0 0 ,0 0 0

Our

MANUAL OF IN VESTM ENTS

largest w ork o f the kind pu blished b y an y B anking house in
A m erica. G ratis to clients <k correspon d en ts; tooth ers, $3 a cop y
“ Most elaborate, handsomest and most useful work treating
upon Southern properties which ever came to notice.” —Boston
H erald. \ “ Worth its weight in gold.” —N orfolk Landm ark.
“ Recognised as standard authority, and holds a high reputation
both in Europe and United States.” — W ashington P ost. “ The
States, oities, railroads, and other properties o f the South are
described with a clearness and minuteness of detail o f great value
to investors.” —N. Y. Jowm . o f Commerce. “ A oomplete financial
and industrial record o f the Southern States.” —N. 0 . Times-Dem.
“ We know o f no other work to oompare with this Manual for the ex*
and variety at information it contains.” —Jfoney, Lon.. In n ,

T H E FO U R TH NATIONAL
B A N K OF T H E C IT Y OF N E W
YORK
OFFERS
TO
DE­
POSITORS E V E R Y FA C ILITY
W H IC H T H E IR BALANCES,
BUSINESS AND RESPONSI­
B IL IT Y W A R R A N T .

Walter Del Mar & Co.,
Members New York Stock Exchange.

75 OLD BROAD STREET,
LONDON, E. C.




MEMBERS OF THE

NEW Y O R K STOCK EXCH ANGE.
P H IL A D E L P H IA ST O C K E X C H A N G E

Charles T . Wing & Co.,

SU PER IO R COLLECTION FA CILITIE S.

BONDS,

B U Y AN D SELL FOREIGN E XC H AN G E.
18

W ALL

STREET, NEW

YORK.

E X T E N S IV E S A F E T Y V A U L T S F O R
T H E C O N V E N IE N C E O F D E P O S ­
IT O R S A N D IN V E S T O R S .
E g 3 Entrance on ly through the Bank. J R I
President.
A rth ur Lb a r y , Vice-President.
Ghobgk S. H ickok , Cashier.
E dw ard j . Ba ld w in , Ass’t Cashier.
Eben ezk b

K. W

b ig h t ,

DIRECTORS.
Arthur Leary,
Charles Scribner,
Edward C. Hoyt,
Eugene Kelly,
Ebenecer K. Wright,
Edward E. Poor,
W. Rockhill Potts,
Joseph T. Moore,
August Belmont,
Stuyvesant Fish,
Richard Delafleld,
George S. Hart,
Wilson G. Hunt,
Charles Sternbach,
Francis R. Appleton

William A . Lombard,
150 B R O A D W A Y , NEW Y O R K .
Offers for sale Choice Bonds and Mortgages.
A SPECIALTY—
NEW YORK CITY & COUNTRY

BANK

STOCKS,

-Netting P u r c h a s e r s 4 to 1 0 P e r C ent.
SEND FOR QUOTATIONS.

Four Years’ Growth.
The business of this Company was established in
1878 and was incorporated in 1884. In 1887 the accu­
mulated surplus was distributed and capital increas­
ed to ¥2,000,000, half paid. A r e g u la r d iv id e n d o f
ten p e r cen t p e r an nu m h a s been p a id sin ce
th e o r g a n iz a t io n o f the com p an y, and its
respective annual statements have shown capital,
surplus and undivided profits and assets as follows:
A ssets.
C a p ita l.
S u rp lu s.
¥50,850*52
18V7............*1,000,000
¥2,214,374*87
1888
1,000,000
115,444*72
4,035,945*52
1889
1,000,000
237,945*85
7,803,722*02
1890
1,000,000
396,716*85
11,168,685*04
1891
2,049,000
830,396*67
14,074,863*58
Send f o r v a lu a b le b o o k ab ou t in v estm en ts.
. . . .

R IC H M O N D , VA.

A V E N U E ,

$ 2 ,0 0 0 ,0 0 0

SOUTH ERN INVESTM ENTS,
T r a n s a c t a G e n e r a l B a n k in g B u s in e s s . N e g o t ia t e
R .R . & M u n i c i p a l L o a n s . C o r r e s p o n d e n c e I n v i t e o .

F O Ü B T H

P I T T S B U R G E X C H A N G E (3 M em b ers).
C a p ita l,

JAMES MACDONOUGH, President.
AUG. D. SHEPARD,
) Vice.PreSldents
TOURO ROBERTSON, T *
Presldent#'
THEO. H. FREELAND, Sec’y and Treat.
JNO. E. CURRIER, Ass’t Sec’y.
J. K. MYERS, Ass’t Treas.

78

Co.,

PITTSBUR G , PA.

Tilth SPECIAL SAFEGUARDS to PREVENT COUNTERFEITING.

S A F E TY COLORS.

N O . 1,399.

équitable Mortgage Co.
2 0 8 B r o a d w a y . N ew Y o r k .
4 th & C hestnu t S ts..
17 D e v o n s h ir e St.»
BOSTON.
P H IL A D E L P H IA .

P ra n k E . W in g ,
H e n r y A . G la s s fo r d .
E d w a r d N. G ib b s, S p e c ia l.

G. R . Voss,

Commercial Paper,
Bonds, Stocks and Investment Securities.
608 FIRST NATIONAL BANK BUILDING,

Omaha, Nebraska.
H. J. TON H xmxrt .

G. L. B oisskvain .

von Hemert & Co.,
BOND AND

STO CK B R O K E R S ,

ROANOKE, VA.
S O U T H E R N IN V E S T M E N T S E C U R IT IE S

A SPECIALTY!
INVESTMENT BONDS A SPECIALTY.

Rolston & Bass,
STOCKS, BONDS AND MISCELLANEOUS! :
SECURITIES.
W. H. ROLSTON,
2 0 B r o a d S tre e t.
W. ALEX. BASS, Jr.
NEW Y O R K .
Members N. Y. Stock Ex.
EDWIN S. HOOLEY.
P. O. Box 3,0¥8

W. H. Goadby & Co..
B A N K E R S AND B R O K E R S ,

N O . 24 B R O A D S T R E E T .
N ew Y o r k .

A . J . Weil & Co.,
IN VE STM EN T SECUR ITIES,
36 Wall St., New York and St. Louis.

ifTOL. LlV,

T H E C H R O N IC L E

Il

©nuatliatx fatlhs,

latthsts and framers of Jfsrjetgtt ^xtìmm*

Bank of Montreal,

Drexel, Morgan & Co.,
W A L L STREET, CORNER OF BROAD,
NEW YO RK .

Drexel & Co.,

[ESTABLISHED 1818.]

B A R I N G , M A G O U N & C O .,
1 5 WALL ST., NEW YORK,
SU CC E SSOR S T O

Drexel,Harjes & Co.

KIDDER, PEABODY & CO., NEW YORK,

Cor. o f 6th A Chestnut Sts. 31 Boulevard Haussmann

Buy and Sell Exchange
on principal European cities.
Issue Commercial and Travelers’ Credits
available in all parts of the world.

P A R IS .

P H IL A D E L P H IA

DOMESTIC A N D FOREION BANKERS.
Deposits received subject to Draft. Securities
bought and sold on commission. Interest allowed
on Deposits, Foreign Exchange, Commercial Cred­
its, Cable Transfers, Circular Letters for Travel­
ers, available in all parts o f the world.

Agents and Attorneys of
BARING BROTHERS & CO., L im it e d ,
LONDON.
KIDDER, PEABODY & CO., BOSTON.
Choice Investment Securities.

ATTORNEYS A N D AGENTS O Ï

M e s s r s . J . S . M O R G A N & C O .,
Ho. 22 OLD B ROAD STREET, LONDON.

Brown Brothers & Co., August Belmont 6c Co.,
BOSTON.
NEW Y O R K ,
P H IL A .

5 9 W a l l S t,

b r o w n & SONS, B A LTIM ORE.
CONNECTED B Y PRIVATE W IRE.

a t .nt Y -

George Coppell ,
T homas Ma it l a n d
Gerald L. H oyt , Member o f N. Y. Stock Ex.

Maitland, Phelps & Co.,
22 AND 24 E XCH AN G E P LA C E ,

NEW Y O R K .

5 2 W il l i a m S tre e t, N e w Y o r k ,
Accounts and Agency of Banks, Corporations
firms and individuals received upon favorable terms.
Dividends and interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends; also as transfer agents.
Bonds, Stocks and Securities bought and sold on
commission at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and
sold.
D R A W ON

THE UNION BANK OF LONDON,
BRITISH LINEN CO. BANK LONDON AND
SCOTLAND.
Orders executed for all investment Securities
A ct as agents o f Corporations, and negotiate and
Issue Loans.

J . 6c W. Seligman 6cCo.,

BILLS OF EX­
CHANGE
TELEGRAPHIC
TRANSFERS
LETTERS OF
CREDIT

►
ON

Messrs. Smith, Payne
A Smiths, London
Messrs. Mallet Freres
A Cie, Paris;
Banoo National de
Mexico, Mexico, and
I its Branches.

AGXNT8 FOR THE BANK OF AUSTRALASIA.

J. Kennedy Tod 6c Co.,

L o n d o n O ff ic e , N o . 2 2 A b c h u r c h L a n e .

C a p ita l an d S u r p lu s .....................8 6 ,9 0 0 ,0 0 0

J E S U P , P A T O N & CO.,

in all parts o f the world.

BROWN, SHIPLEY & CO., LONDON.

Buy and sell Sterling ana Continental Exchange
a id Cable Transfers; grant Commercial and Travel­
ers’ Credits available In any part of the World
Issue drafts on, and make collections In, Chioago
a m throughout the Dominion o f Canada.

Canadian Bank of Commerce

John Paton 6c Co.,

Credit.

N E W FORK OFFICE:
N o s. 59 a n d 61 W A L L S T R E E T . '
WALTER WATSON, \ Aotmta
ALEX’R LANG,
J Agent«.

BANKERS,
N o. 2 3 N A S S A U S T R E E T .

M e ssrs. R O T H S C H I L D ,
L o n d on , P a r is , F r a n k fo r t a n d V ien n a .
Investment Securaies^for I n V C S t m C D - t
Issue Circular Credits for travelers available in
an .tom era.
cnstomers. Receive acReceive ae
all parts of the world.
counts o f Banks, Bankers,
Corporations, Firms and In- Q p _ l i r 1
„„
ALSO COMMERCIAL CREDITS.
dividuals, on favorable O C C U X l L l C o .
Draw Bills of Exchange and make Cable Transfers
terms. Collect drafts drawn
to Europe, West Indies, Mexico and California.
abroad on all points In the United States and Cana­ Execute orders for the purchase and sale of Invest­
da, and drafts drawn in tbe United States on for­ ment Securities.
eign countries.
Buy and sell Bills of Exchange
and make cable transfers on
all points. Issue Commercial
J
SUCCESSORS TO
and Travelers’ Credits available

of

Son. Sir DONALD A. SMITH, President.
E. S. CLOUSTON, General Manager.

AGENTS AND CORRESPONDENTS OP THE

Members N. Y., Phila. and Baltimore stock Exch’s.

Letters

C A P I T A L P a id In - - 8 1 » , 0 0 0 ,0 0 0 G o ld
SURPLUS . . . .
8 6 ,0 0 0 ,0 0 0 G o ld

BANKERS,
N o. 23 B R O A D S T R E E T ,
N ew Y o rk .

Issue Letters of Credit for Travelers
On SELIGMAN BROTHERS, London.
SELIGMAN FRERES & C IE -Parts.
SELIGMAN & STETTHEIMER, Frankfurt.
AL8BERG, GOLDBERG & CO., Amsterdam.
ALTMAN & STETTHEIMER, Berlin.
Payable In any part of Europe, Asia, Africa, Aus­
tralia and America.
.
_ ,
,.
Draw Bills of Exchange and make Telegraphlo
Transfers of Money on Europe and California.

ALEX. LAIRD and WM. QRAY
AGENTS,
16 E XC H AN G E PLACE, N EW Y O R K .
BUY AND SELL STERLING EXCHANGE, CABLE
TRANSFERS, BTC.
Iesu e C om m ercia l C r e d its a v a ila b le In a ll
p a r ts o l tb e w o r ld .
Canadian Currency bought,
.
. „
Drafts drawn on and Collections made at all
points in Canada.

Merchants' Bank of Canada
C a p ita l S to c k P a id U p...............8 3 ,7 9 9 ,2 6 0
R e s e r v e F u n d .......................... .
8 2 ,5 1 0 ,0 0 9

Henry Hague and John B. Harris, Jr.,
61

W ALL

AGENTS,
STR E E T, NEW

YORK.

BUY AND SELL STERLING EXCHANGE, CABLE
TRANSFERS, AC
[«■ a e C o m m e rcia l C red its, A v a ila b le In
a ll P a r ts o f tb e W o r ld .

Imperial Bank of Canada.

„ . — —. * i
I
- __ V
dH ,9 0 0 ,014441
8 1 DAA 4 0 0
C A P I T A L (p a id up)
_ U ___________
9 5 0 ,0 0 1 »
S RPLU S
H. 8. HOWLAND, Pres’t. T. R. MERRITT, V.-P.
D. R. WILKIE, Cashier.
H E A D O F F IC E , T O R O N T O B ranches in On ta r io .—Essex, Fergus, Galt,
Ingersoll, Niagara Falls, Port Colbome, St. Cath­
arines, St. Thomas. Sault Ste Marie, Welland,
Woodstock, Rat Portage.
„
_„
Toronto .—Wellington Street, Yonge and Queen
its., Yonge and Bloor Sts.
_
Branches in N orthwest —Winnipeg, Brandon,
Calgary, Portage la Prairie, Prince Albert, Edmont0DAgents in London:
I Agents in New York,
Lloyd’s Bank, limited. |Ba n k o r Montreal .
Collections promptly made in any part o f Canada.
D r a w e r s o f S te r lln s E x c h a n g e .
AGENCY

OF TH E

BAN KERS,

Knauth, Nachod & KiUme,

B a n k

NO. 45 W A L L STREET, NEW Y O R K .

BANKERS,

Deposits received subject to draft, and interest
allowed on balances.

B ritish N o r th A m erica ,

5 South William Street, New York.

N o. 52 W A L L S T R E E T .
Buy and sell Sterling Exchange and Cable Trans­
fers. Issue demand drafts on Scotland and Ireland;
also onXlanada, British Columbia and San Fran­

OFFER INVESTMENT SECURITIES.
Bonds and Stocks bought and sold on commission
on all American Canadian, British and Dutch
markets.
Transfer of Stock and Bonds. Payment and col' lection of Dividends, Coupons and Interest War­
rants. Foreign Exchange and Cable Transfers on
London and Paris.

J ohn

M

unroe

6c

C

o .,

N o . 8 2 N a ss a u S tre e t, N e w Y o r k .

L E T T E R S OF C R E D IT
a v a ila b le e v e r y w h e r e .
DRAFTS
e n a ll p a rts o l t b e w o r ld .
TRANSFERS
by m a ll an d t e le g r a p h .

Kessler 6c Co.,
BANKERS
54 W A L L STRE E T, NEW Y O R K *

Buy and Sell Bills of Exchange and
Cable Transfers on all the Prin­
cipal European Cities.

N o . 4 P o s t O ffic e S q u a r e , B o s t o n .
Issue Circular Letters o f Credit for Travelers’ Use
Abroad against Cash or Satisfactory
Guaranty o f Re-payment
ISSUE COMMERCIAL AND TRAVELLERS
CREDITS, BUY AND 8ELL RAILROAD
E x c h a n g e o n L o u d o n , P a r is , B e r lin ,
STOCKS, BONDS AND INVESTMENT SE­
Z u r i c h a n d S t. G a l l .
CURITIES. ACT AS FINANCIAL
CREDITS OPENED A N D PAYM ENTS M A D E B Y CABLE
AGENTS FOR CORPORATIONS.
P a r i s H o u s e —M U N R O E & C O .

Schulz 6c Ruckgaber,
BANKERS,
* 9 W IL L IA M S T R E E T , N EW Y O R K ,
Correspondents o f the
in te r n a tio n a l B a n k e f L o n d o n (L im ited)'
j o b . B e r e n b e r g , G e s s le r A C o ., H a m bu rg,
B rem en B a n k , B re m e n .
M a r c n a r d , Krauet» de C o., P a r is .
Commercial and Travelers’ Credits.
Sills o f Exchange.
C&Wô Transftri#




Kountze Brothers,
BANKER 8,
120 BROADWAY, Equitable Building, NEW YORK
Le t t e r s o f c r e d i t a n d c i r c u l a r
N O TE S
Issued for the use o f travelers in all parts o f the
world. Bills drawn on the Union Bank of London.
Telegraphic transfers made to London ana to
various places in the United States. Deposits re­
ceived, subject to check at sight, and interest
allowed on balances. Government and other bonds
and investment securities bought and sold on com*
mission.

OF

c e S **C U L A R N O T E S issued in Pounds Ster­
ling. available in all parts of the world. C O M ­
M E R C I A L C R E D I T S IS S U E D for use in
Europe, China, Japan, East and West Indies and the
Brazils, River Plate, &c.
.
. .
_ , __
Bills collected and other banking bnsiness trans­
acted.
H. STIKEMAN,
l Avent*
F. BROWNFIELD. 1 Ag6nM‘

Hong Kong & Shanghai
B A N K IN G

C O R P O R A T IO N .

Reserve
00
Reserve Liability o f Proprietors........ 10,000,000 00
The Corporation grant Drafts, issue Letters o f
Credit for use o f travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore,
Saigon, Manila, Hong Kong, Foochow, Amoy,
Ningpo, Shanghai, Hankow, Yokohama, Hiogo,
San Francisco and London.
A . ML. T O W N S E N D , A g e n t , 5 0 W a l l S t,

The Bank of Australasia.
(Incorporated by Royal Charter, 1636.)
N o. 4 T h r e a d n e e d le S tr e e t, L o n d o n ,
Paid-up Capital, £1,600,000: Reserve Fund, £800,900; Reserve Liability o f Proprietors under the
3harter, £1,600,000.
. ,,
Letters of Credit and Drafts issued on any o f the
aumeions branches o f the Bank throughout Aus­
tralia and New Zealand. Bills negotiated or sent
for collection. Telegraphic transfers made.
Deposits received in London at interest for flxea
periods, on term* wbloh may he ascertained on ap­
plication.
PBIDHAUX SELBY, Secretary.

A pril 10, 1893,]

THE

C H R O N IC L E

lii

ISatifcs.

fftftx ig tx .

fin a n c ia l.

THE NEW YORK

N E W ENGLAND.
The Union Discount C o .1
Produce Exchange Bank,
of London, Limit’d, j Transacts a general banking business.
FO O TE 8c F R E N C H ,
Receives accounts o f banks, bankers and corpora­
j

89 Comhill, London, April 7, 1892. 1 tions upon favorable terms.
C a p ita l (S u bscribed.........................I (j,3 0 3 .0 < i0 i Issues certificates o f deposit bearing interest.
r a i d u p . . „ .......................................... 3 ,1 5 2 .5 0 0 j Solicits mercantile and personal accounts.
R e s e r v e F u n d ..................................
9 7 0 ,0 0 0
Bills o f exchange drawn on, and cable transfer*
«4 8 5 -£ l.
made through, THE CITY BANK, Limited
NOTICE IS HEREBY GIVEN that the RATB8 LONDON.
Circular letters of credit issued for travelers’ use
o f INTEREST allowed for money on deposit are as
in foreign countries; also commercial credits.
follows:
Acoounts o f foreign bankers received and ooL
A T C A L L , H P E R CEN T.
lections in the United States made on favorable
A T S to 7 D A Y S ’ N O T IC E , 1 P E R C E N T .
terms. Agents in New York o f the
The Company discounts approved bank and mer
BANCO NACIONAL DB CHILE.
oanttie acceptances, receives money on deposit at
rates advertised from time to time in the London
Paris and Berlin papers, and grants loans on ap­
proved negotiable securities.
B U F F A L O , N. Y .
C H R I S T O P H E R R . N U G E N T , M a n a g e r.

Bank of Buffalo,

S. 8. Jew ett , Pres’t.

Blake, Boissevain & Co.,
LONDON, E M G L A m
N e g o tia te Railway, State and City loans.
E x e cu te orders for bonds. Shares, etc., on Com
mission and transact a general Banking an
Commission Business.
S p e cia l a tte n tio n given to the execution o f
orders for Securities on the New York, Lon­
don and Amsterdam Exchanges, in corres­
pondence with

BLAKE

BROTHERS

& CO.

5 N a s s a u S tre e t, N e w Y o r k ,
2 8 S t a t e S t r e e t . B o s t o n , M a s s .,

New Orleans Canal 8c
Banking Company,
N E W ORLEAN S, LA .
C a p ita l...8 1 .9 0 0 ,0 0 0 I S u r p lu s ....8 4 7 5 ,0 0 0
J. C. MORRIS, Pres.
EDWARD TOBY, Cash,
Correspondents —Nat. City Bank, Nat. Bank of
Commerce, New York. Boatmen’s Bank, St. Louis.
N. W. Nat Bank, Chicago. Merchants’ Nat. Boston

ADOLPH BOISSEVAIN A CO.

SW ISS U N IO N B A N K ,

A m s te rd a m , H o lla n d .

Schweizerische Union Bank.

The Railway Share Trust
8c Agency Company,

S T . G A L L E , (S w itz e r la n d ).
C a p ita l P a id Up
1 2 ,0 0 0 ,0 0 0 F ra n ce,
Solicit Aoconnts and Agencies o f Banks and
Bankers.
INTEREST ALLOWED ON DEPOSITS.
CABLE TRANSFERS. LETTERS O F CREDIT

LIMITED,
S u b scr ib e d a n d P a id -u p C a p ita l, £ 9 7 1 , 3 0 0
This Company undertakes the negotiation and
issue of Loans and Capital o f companies on the Lon*
don market, and acts as agent for approved Railways
or other Corporations in payment o f Interest, Divi­
dends, Registration of Stock, and generally, and also
as Trustee for Debenture bolders.
CABLE ADDRESS, PAVY, LONDON.

Heinemann & Co.,
62 Gresham House, E. C.,

LONDON.
S o lic it accounts and agencies o f Banks, IRallways
Corporations, Firms and Individuals upon
favorable terms; also orders for the pur
chase and sale o f Bonds, Shares, &c., &c.
on the Stock Exchange.
In te r e s t allowed on Deposits, subject to 60-days
sight drafts, at Bank o f England rate, and
one per cent below that rate subject to de­
mand drafts.
N eg otia te Railway, State and City Loans.

Pierce, Wright 8c Co.,
S3 N e w

B road

S tre e t,

LONDON, E. C.
Act as Agents for American Banks and Finanoia
Companies. Collect Foreign Exchange and execute
orders on commission on the London Market.
INTEREST ON DEPOSITS. CABLE TRANSFERS.

Dennistoun, Cross 8c C o.,
2 Princes Street, London, E.C.,
Execute orders for the purchase and sale of
Bonds, Stocks, &o., on the Stook Exchange; receive
accounts and Agencies ot Banks, Railways, Corpo­
rations, Firms and Individuals upon favorable
terme; Commercial and Travelers’ Credits and
Bills o f Exchange on them are issued by their
Agents and Attorneys.

MOSLE BR O TH ER S,
0 2 S E X C H A N G E P L A C E , N E W Y O R K ..




C on gress

S tre e t,

B oston ,

w « « .,

GOVERNMENT BONDS bought and
sold.
RAILROAD BONDS o f conservative
issues constantly on hand.
COMMISSION ORDERS executed in
bonds and stocks.
FOREIGN EXCHANGE bought and
sold.

W h . C. Cornw ell , Cash'!

C a p ita l,. . „ 8 3 0 0 , 0 0 0 I S u rp lu s......8 3 2 5 ,0 0 0
This Bank has superior facilities for ¡making Col
lections in and out of the city on the most libera
terms, and with careful attention to the best inter­
ests o f its correspondents.
Correspondents Importers’ & Traders’ Na­
tional Bank and Chemical National Bank, New
York Merchants’ Loan & Trust Co„ Chicago; Union
Bank o f London. London

AND

A Bank Buildings, London, England,

BANKERS,

48

Commercial Bank,
TACOMA, W ASHINGTON.
P A I D -U P C A P I T A L 8 2 0 0 ,0 0 0 .
6 P e r C ent B a n k C ertifica tes Issu e d .
8 P e r C ent G old M o rtg a g es.'1
1 0 P e r C ent C ity, C ounty, S ta te W a r ra n ts .
CORRESPONDENCE SOLICITED.
Gr a t t a n H. W heeler . Pres. A. B rid g m a n , Cash.

Tacoma National Bank,
First National Bank in the City,

TACOMA, WASHINGTON.
P a id -u p C a p ita l............. ................... 8 2 0 0 ,0 0 0
S u rp lu s................... ................................8 1 2 5 ,0 0 0
President,
Cashier,
Vice-President
W . B. Blac kw ell . H. 0 , Fish b a ck . Edm und Rice .

G e n e ra l B a n k in g B u sin ess T ra n s a cte d .
S p e cia l A tten tion to C o lle ctio n s .

Merchants’ Nat’l Bank,
P O R TL A N D , OREGON.
P a id C a p ita l.................................... 8 1 ,0 0 0 ,0 0 0
J. LOEWENBERG, Pres. JAS. STEEL, Vice-Pres.
I. A. MACRUM, Cashier.
SELL8 SIGHT EXCHANGE AND TELE­
GRAPHIC TRANSFERS, and ISSUES LETTERS
o f CREDIT available throughout the United States
DRAWS BILLS OF EXCHANGE on London,
Liverpool, Dublin, Paris, Berlin, Frankfort-on-theMain, and all the principal cities of Europe; also on

J osHUA W ile our .

Benjamin A. Jackson

Wilbour, Jackson & Co.,
BANKERS AND BROKERS.
NO. 5 2 W H Y B O S S F T S T R E E T ,

PROVIDENCE, R . I.
Dealers in Commercial Paper, Governments and
other first-class Ronds and Securities and Foreign
Kxchange.
Private telegraph wire to New York and Boston.

Sheldon 8c Binney,
BAN K ERS,

28 Westminster St., Providence, R. 1.
Transact a General Banking Business. Dealers in
Stocks, Bonds and Local Securities.
PRIVATE TELEGRAPH WIRES TO NEW YORK
AND BOSTON.
Ch arles H. Sheldon , Jr .

W illiam B in n x t , Jr

Noyes 8c Bridge,
INVESTMENT B R O K E R S,
B O S T O N S T O C K E X C H A N G E B U IL D IN G ,
5 3 S T A T E S T R E E T , B O ST O N .

Dealers in High Grade Investments.
6 mul 7 p e r cen t F irs t M o rt. G o ld B anda.
Information furnished and first-class corporation
securities sold on commission.

PENNSYLVANIA
T homas B. Re a .

Sa m u e l Re a .

Rea Bros. 6c Co.,
115

F o u rth

A v e n u e , P itts b u r g ,

Pa.

STOCKS AND BONDS.
MEMBERS OF THE
N ew Y o r k , P h ila d e lp h ia a n d
S to ck E x ch a n ges .

P ltteb u rg

LOCAL SECURITIES A SPECIALTY.

N . Holmes & Sons,
BAN KERS,

P ITTSB U R G , PENN.
CORRESPONDENTS:
Bank o f New York, N. B. A.
First National Bank of Philadelphia,

^COLLECTIONS MADE on all accessible points.

SAN FRANCISCO.

P IT T S B U R G , P A .
ESTABLISHED 1871.

The First National Bank Whitney 8c Stephenson*
OF SAN FRANCISCO, CAE.
UNITED STATES DEPOSITARY.
C A P IT A L ,
8 1 ,5 0 0 ,0 0 0
SU RPLU S.
8 7 5 0 ,0 0 0
S. G. Muh ph y , President. E. D. M o r g a n , Cashier
J a m e s Moffett, Y.-Pres. G. W. K l i n e , Asst. Cash
G E N E R A L B A N K I N G B U S IN E S S .
A C C O U N TS S O L IC IT E D .

MERCHANTS’ NATIONAL* BANK,
R IC H M O N D , V IR G IN IA .
Collections made on all Southern points on best
terms; prompt returns.
JOHN P. BRANCH. President.
I o Mk f . Glenn , Cash’r. Fred . r . Scott. Vtee-Pres

BANKERS AND BROKERS,
N o. 57 F O U R T H A V E N U E .
Oldest Pittsburg members N. Y. Stook Exchange

E. W. Clark & Co.,
BANKERS AND BROKERS.

^

No. 13d South Fourth St.,
P H IL A D E L P H IA .
Transact a general banking business. Allow
interest on deposits.
Members of the Philadelphia and New York
Stock Exchanges, and connected by private wins
with New York.'

THE CHRONICLE.

It

YOb LTV,

Hankers and Hrckers in gjfaem Iftncfe tMtfl.
B o o d y , M cLELLAN

&

NEW

Taintor & Holt,

Co.,

SV B r o a d w a y , o p p o s ite E x ch a n g e P la ce »
P. O. BOX 447.

No. 11 Wall Street, Cor. New, New York.

Investment Securities

T R U S T C O ’S S T O C K S .

TRANSACT A GENERAL BANKING AND STOCK
EXCHANGE BUSINESS.

A. specialty, Including Water Bonds, Car Trust
Bonds and first-class Ballway Bonds.
Particulars furnished on application.
DAVID A . BOODT,
C. W . MCLBLLAN,
H k n b y T. B o o d t .

Specialties for Twenty Years.

Private telegraph wires to Providence and Boston
G.

D e a lt In b y

W I L L I A M C. N O Y E S

E. TAINTOR. G. D. L ’HUILIER. G. H. HOLT.

96

Samuel D. Davis & Co.,

Haven & Stout,

BANKERS

B A N K E R S A ND B R O K E R S ,
2 E x c h a n g e C o u r t , N . IT.

No. 44 W A L L ST., AIEW YO R K ,

an d S e ll R a ilr o a d S to ck s a n d B ond s
a t 1 - 1 6 th p e r cen t C om m ission .

SAMT7BL D. DAVIS.
CHAS. B. VAN NOSTRANQ.
Member N. Y. Stock Exchange

Emerson

&

Turnbull,

BANKERS AND BROKERS
80 B R O A D W A Y .

M em ber n.

8

W ALL

Y. S t o c k E x h c a n g e ,
STREET, NEW Y O R K .

BONDS.
W. K. B. E m e r s o n ,
R a m s a y T urnbull
Member N. Y. Stock Exchange.

No. 20 Broad Street, New York.
IN V E S T M E N T S E C U R I T I E S .
M A R G IN A C C O U N TS S O L IC IT E D .
1 - 1 6 P e r C ent C om m ission .
INTEREST ALLOWED ON BALANCES.
Correspondence Invited.
ESTABLISHED SINCE 1868.

Stewart B rown ’ s Sons,
Members New York Stock Exchange,

Southern

Stocks and bonds bought and sold on commission
in small or large lots. Acoounts solicited. Infor­
mation promptly given.

Fahnestock & Co.,
B A N K E R S AND B R O K E R S ,

3 W a ll Street, New York.

securities a specialty

Robertson & James,
Dealers in Investment Securities,
No. 7 NASSAU STREET,
(Continental National Bank Building,)
_________________ N e w Y o r k , _______ _________

Gilman Son & Co.,
B A R K E R S,

la addition to a General Banking Business, Buy
Mid hell Government Bonds and Investment Seturitles.

John H. Davis & Co.,

DEALERS IN

N o . 1 0 W A L L S T ., N E W Y O R K .
Orders for Stocks and Bonds executed at all Bxhangea
Especial attention given to supplying high-class
IN V E S T M E N T S E C U R IT IE S .

B A N K E R S AND B R O K E R S ,
9 N ew S tr e e t an d 7 4 B r o a d w a y ,
NEW YORK

,Marquand & Skehan,
B A N K E R S AND B R O K E R S ,

Investment Bonds and Stocks,
B R O A D STREET, NEW Y O R K .
SKEHAN

Southern Securities a Specialty
WM. M. HARRIMAN, Member N. Y. Stock Exchange
NICHOLAS FISH.
OLIVER HARRIMAN. J r,

Harriman & C o ,
No. 120 B R O A D W A Y , N E W Y O D K ,
EQUITABLE BUILDING,

46 W a ll Street, New York.
Investment Securities a Specialty.
T. S. YOUNG, JR.,
W. 8. NELSON
Member N. Y. Stock Bxohange.
Emerson McMillin .

Emerson McMillin

&

Oo.

Robert Goodbody & Co.,
3 0 B R O A D S T R E E T , N. Y .,

B A N K E R S AND B R O K E R S
S to c k s a n d B o n d s B o u g h t a n d S o ld eu
C om m ission .
INTEREST ALLOWED ON DBP08ITB.

BANKERS,
18

W ALL

R . J . Kimball & Co.,
(Established In 1866.)
BANKERS AND BROKERS,

Hen ry B. W ilson .

STREET,

NEW

YORK.

E sta b lish e d 1 8 6 3 .
H iinky G. Cam pbel l , 1 Members N. Y. Stock MEMBERS OP NEW YOBK STOCK EXCHANGE
B orden H arrtman , >
Exchange.
Allow Interest on deposits subject to sight check.
Buy and sell on commission stocks and bonds oitnor
for cash or on margin, and deal in

H. G. Campbell & Co.,

INVESTMENT and MISCELLANEOUS
SECURITIES.

BANKERS AND BROKERS.

BANKERS AND BROKERS,




No. 10 W A L L STR EBT,
NEW YOR K.

TRANSACT A GENERAL BANKING AND STOCK
EXCHANGE BUSINESS.

NO. 62 C E D A R S T R E E T .

JAMES B

BANKERS,

Young & Nelson,

4 0 W A U Ii ST R E E T , N EW Y O R K .
Supply selected investment bonds for cash or hi
Negotiations Conducted for Purchase and Sale of
exchange for marketable securities.
Execute commission orders for Investors at the G a s, E le c tr ic, W a te r , S treet R a ilw a y , C oa l,
Stock Exchange or In the open market.
I r o n an d In d u s tr ia l P ro p e r tie s .
Famish information respecting bonds
Securities negotiated only upon personal examina­
tion of property.______________________________
R obert Goodbody . A. L. L ee. G. b . w a t t s , Jr

Stock Exchange

R . A . Lancaster & Co.,

or

BOND & STOCK. BR O K E R S,

STOCK B R O K E R S ,

64 BROADWAY, NEW YORK,

BROKERS,

IN V E S T M E N T S E C U R IT IE S .
C. H. HUESTIS
(Member N. Y. Stock Exchange)
L. M. SWAN,
E. H. LADD, JR.,
General Partners.
C. D. WOOD, Special Partner.

Railroad and Investment Securities,

STOCKS, BONDS AND PETROLEUM.

ARQUAND

C O M M IS S IO N

N o . 2 0 N A S S A U S T ., N S W Y O R K ,
DEALERS in all kinds

Fred H. Smith,

YORK.

31 Pine Street, New York City.

Simon Borg & Co.,

B O N D S .
Carefully compiled list o f choice Investment Bonds
urnlshed upon application.

NEW

AND DEALERS IN

ISSUE DAILY MARKET LETTER.

Henry S. Redmond,

BROADW AY.

Wood, Huestis & Co.^

AND DEALERS IN INVESTMENT SECURITIES

the Consolidated Stock and Petroleum
Exchange.

AND B R O O K L Y N

FINANCIAL

BANKERS

BANKERS,

YORK

1 6 a n d 1 8 D r o a d S tr e e t, N e w Y o r k .
Members of the New York Stock Exchange and o f
the Philadelphia Stock Exchange.
R o b e r t J. r u n m j , .

Chas . D. Ma r v in ,
w . M. K lddbr .

Metropolitan Traction
Stock,
Controlling the

BROADW AY

CABLE

ROAD

3 0 B r o a d S tr e e t. N ew 1Y o r k .

B . L ou n sbehsry.

B A N K E R S AND B R O K E R S .
36 B R O A D W A Y , N. V .
B O S T O N O F F IC E , 3 3 S T A T E S T .
Members of the New York and Boston Stock Ex­
changes. Private wire between the two offices.
Information given in regard to all Boston secnrl
ties, and quotations furnished

La Montagne, Clarke & Co.,
BANKERS AND BROKERS,
4 4 and 4 6 Broadw ay, New Y ork ,
8. LA M o n t a g n e , Jr ., Member N. Y. Stock Exoh
H erman Cl a r k e .
W allace B. Smith .
Private wires to Philadelphia, Pittsburg, Scran­
ton, Beading, Wilkesbarre Lancaster and Bethle­
hem. Private wire to Chicago.

Howard Lapsley & Co.,
B AN KERS A N D B R O K E R S,

No. 1 Exchange Court,
NEW YORK.
P r iv a t e W ir e s to B o s to n a n d P h ila d e lp h ia .
H, I. Nicholas ,
J. S. Nicholas
W. C. TAYLOR,
M. MAYER.
Members N. Y. Stock Exchange.

H, I. Nicholas & Co.,

and the principal cross-town horse car lines,
B O U G H T AND SOLD B Y

Dick Brothers & Lawrence,

lfred

Parkinson & Burr,

Investment Securities.
A. M. Kidder ,
H. J. Morse

A

B A N K E R S AND
INVESTMENT

I

BROKERS.

SECURITIES A SPECIALTY

11 Wall Street, New York.

A p r il

16, 1892.]

TH E

c h r o n ic l e

£ * t t ß l

Union Trust Company
OF N E W Y O R K ,

80 Broadway, New York.
C A P IT A L
. . . . .
$ 1 ,0 0 0 .0 0 0
SU RPLUS. . .
. $ 4 ,0 0 2 ,5 1 8 9 2
Authorized to act as Executor, Administrator,
Guardian, Receiver or Trustee, and is
A LEGAL DEPOSITORY FOR MONET.
Acts as Trustee o f mortgages o f corporations, and
accepts the transfer agency and registry of stocks.
Allows interest on deposits, which may be made at
any time, and withdrawn on five days’ notice, with
Interest for the whole time they remain with the
company.
For the convenience o f depositors this company
also opens current accounts subject, in accordance
wuh its rules, to check at sight, and allows interest
upon the resulting daily balances. Such checks pass
through the Clearing House.
Attends specially to the MANAGEMENT OF
REAL ESTATE and to the collection and remitaneeof rents.
it makes ample provision in its
_____
NEW BURGLAR AND FIRE PROOF VAULTS
for the safe keeping o f securities placed in its cus­
tody, on which it collects and remits income.!
TRUSTEES.
Wm. Whitewright,
H. Van Rennsl’r Kennedy
Henry A. Kent,
James H. Ogilvie,
R. T. Wilson,
,
James T. Woodward,
Wm. F. Russell,
George A. Jarvis,
C. D. Wood,
C. Vanderbilt,
James N. Platt,
A. A. Low,
D. C. Hays,
G. G. Williams
Wm. Alex. Duer,
R. G. Remsen,
Charles H. Leland,
Edward Schell,
Edward King,
Amasa J. Parker,
E. B. Wesley,
Samuel F. Barger
D. H. McAlpin,
Geo. C. Magoun,
George B. Carhart,
W. Emlen Roosevelt!
Chauncy M. Depew.
EXECUTIVE COMMITTEE.
Wm. Whitewright,
G. G. Williams,
Edward Schell,
E. B. Wesley,
Geo. C. Magoun,
C. D. W ood,
D. C. Hays,
James T. Woodward.
EDWARD KING, President.
CORNELIUS D. WOOD, { Vice-Presidents
i vice-presidents.
JAMES H. OGILVIE,
AUGUSTUS W. KELLEY, Secretary.
_______ J. V. B. THAYER. Assistant Secretary.

Knickerbocker Trust
Company,
3 3 4 F IF T H A V E „ CO R . 3 7 T H S T R E E T .
Branch office, 18 Wall St. and 3 Nassau St.
C A P I T A L A N D S U R P L U S , - $ 1 ,0 0 0 ,0 0 0
DESIGNATED LEGAL DEPOSITORY.
Acts as Executor or Administrator o f Estates and
as Guardian, Receiver, Registrar, Transfer and
Financial Agent fer States, Cities, Towns, Railroads
and other corporations.
JOHN P. TOWNSEND, President.
CHARLES T. BARNEY, Vice-President.
JOSEPH T. BROWN, 2d Vice-President.
D IR E C T O R S i
Joseph S. Auerbach,
John S. Tilney,
Harry B. Hollins,
B. V. Loew,
Jacob Hays,'
Henry F. Dlmock
Charles T. Barney,
John P. Townsend
A. Foster Higgins,
Charles F. Watson,
Robert G. Remsen,
David H. King, Jr,
Henry W. T. Mali,
Frederick G. Bourne
Andrew H. Sands,
Robert Maclay
James H. Breslin,
C. Lawrence Perkins,
Gen. George J. Magee,
BdwardWood,
L Townsend Burden.
Wm. H. Beadleston.
Alfred L. White.
FRED’K L. ELDRIDGE, Secretary.
J. HENRY TOWNSEND. Assist. Secretary.

The Nassau Trust Co.
1 0 1 B r o a d w a y , B r o o k ly n , N . Y*
C A P I T A L ......................................... $ 5 0 0 ,0 0 0
Deposits received subject to check at sight, and
In te re st a llo w e d on the resulting daily balances.
Certificates o f deposits issued for time deposits,
on which sp e cia l r a t e s will be allowed.
I n te r e s t com m en ces fro m d a te o f d ep osit.
Authorized by law to act as Executor, Adminis­
trator, Committee, Guardian, Trustee, Receiver.
Fiscal and Transfer Agent and as Registrar of
Stocks and Bonds; is a le g a l d e p o sita r y fo r
T r u s t F u n ds and for moneys paid into court.
Loans made on approved collaterals.
Checks on 'this Company are payable through the
New York Clearing House.
A. D. WHEELOCK, President.
r
JOHN^RUSLO vf, * } Vice-Prest’s.
O. F. RICHARDSON, Secretary.
TRU STEES *
Wm. Dick,
Bernard Peters, John Loughran,
A. D. Baird
Wm. E. Horwill, Edward T. Hulst,
Darwin R. J ames, J. B. Voorhees, Jno.McLaughlin,
E. B. Tuttle,
A, D. Wheelock, A. M. Suydam,
John Truslow,
Wm. F. Garrison, Wm.E. Wheelock
Ditmas Jewell,
Jno. T. Willetts, O. F. Richardson,
F. W. Wurster, Chas. H. Russell, Henry Seibert.

St. Louis Trust Co.,
C O R N E R 4 th A N D L O C U S T

STREETS

St. Louis, Mo.
C a p ita l a n d S u rp lu s, .
- $ 3 ,0 0 0 ,0 0 0
D IR E C T O R S t
John T. Davis,
Alvah Mansur,
Daniel Catlin,
Edward S. Rowse,
Sam’l W. Fordyce,
Jno. A. Scudder,
Adolphus Busch,
Edward C. Simmons,
Henry C. Haarstick,
Edwin O. Stanard,
Wm. L. Hase,
J. C. Van Blarcom,
Chas. D. McLure,
Thos. H. West,
Edwards Whitaker.
THOS. H. WEST, President.'"
JOHN D. FILLEY, Secretary.
A. C. STEWART, CounseL
Allows Interest on Deposits. Executes Trusts o f
•very Description. Acts as Registrar and Transfer
Agent, Ac




;

Œ û m p a t ïije s .

O LD C O LO N Y
T R U ST CO M PANY
BOSTON, HASS.
C a p ita l
S u r p lu s ,

-

-

-

-

$ 1 ,0 0 0 ,0 0 0 00
5 0 0 ,0 0 0 0 0

T ra n s a cts a G e n e ra l B a n k in g B usin essALLOWS INTEREST ON D A IL Y BALANCES SUBJECT
TO CHECK.
TRUSTEE UNDER MORTGAGES. TRANSFER AGEN'i
REGISTRAR.

BOARD OF DIRECTORS.
T. Jefferson Coolidge, J r ..President’ '
Frederick L. Ames,
John F. Anderson,
John L. Bremer,
Martin Brimmer
T. Jefferson Coolidge,
George F. Fabyan,
George P. Gardner
Francis L. Higginson,
Henry 8. Howe,
Walter Hunnewell,
William P. Mason
George Von L. Meyer
Laurence Minot,
Richard Olney*
Henry R. Reed,
Lucius M. Sargent,
Nathaniel Thayer
John I. Waterbury j
Stephen M. Weld,
Henry C. Weston
T. JE FFER SON COOLIDGE, JR .,
President.
C. S TUCKERM AN,
Secretary

New York Guaranty &
Indemnity Co.,

United States Trust Co.
OF NEW YORK,

45 and 47 Wall Street.
C A P I T A L A N D S U R P L U S , - $ 9 ,7 5 0 ,0 0 0
This company is a legal depository for moneys
paid Into court, and is authorized to act as guardian
INTEREST ALLOWED ON DEPOSITS,
which may be made at any time and withdrawn after
five days’ notice, and will be entitled to interest for
the whole time they may remain with the company.
Executors, administrators or trustees of estates,
and w o m e n unaccustomed to the transaction o f
business, as well as religious and benevolent institu­
tions, will find this company a convenient depository
for money.
IJOHN A. STEWART, President.
GEORGE BLISS, Vice-President.
JAMES S. CLARK, Second Vice-Pres’t.
HENRY L. THORNELL, Secretary.
LOUIS G. HAMPTON, Assistant Secretary.
TRUSTEES:
Wilson G. Hunt, Jno. H. Rhoades, Chas. S. Smith,
Daniel D. Lord, Anson P. Stokes, W m.Rockefeller,
Samuel Sloan,
Geo.H. Warren, Alex. E. Orr,
James Low,
Wm.H. Macy,Jr„
George Bliss,
Wm. W. Phelps, Wm. Libbey,
Wm. D. Sloane
D. Willis James, John C. -Brown, G. H. Schwab,
John A. Stewart, Edward Cooper, Frank Lyman,
Erastus Corning, W. B’y’d Cutting.,.
Geo. F. Vietor,
Wm. Waldorf Astor,

Manhattan

Trust

Co.

Corner o f Wall and Nassau Sts., N. Y.

C A P I T A L , . » . . . . . . . $ 1 ,0 0 0 ,0 0 9
DIRECTORS
F. O. French, N. Y.
H. W. Cannon, N. Y.
59 C E D A R S T R E E T , N E W Y O R K ,
R. J. Cross. N. Y.
John R. Ford; N. Y.
H. L. Higginson, Boston, T. J. Coolidge, jr.. Bos.
M u t u a l L ife B u ild in g .
August Belmont, N. Y.
James O. Sheldon, N. Y.
A. S. Rosenbaum, N. Y.
CAPITAL,
$2,000,000 E. D. Randolph, N. Y.
H. O. Northcote, N. Y.
John N. A Griswold, N. Y .
C. C. Baldwin, N. Y.
Sam’l R. Shipley, Phila.
SURPLUS, $500,000 Chas. F. Tag, N. Y
R .T . Wilson, N. Y.
TRANSACTS A GENERAL BANKING AND John Kean, Jr., N. J.
J. I. Waterbury, N. Y
TRUST COMPANY BUSINESS. AND SOLICITS
J. I. Waterbury, V.-Pre*
THE ACCOUNTS OF CORPORATIONS, FIRMS F. O. French, President.
A. T. French, Secretary and Treasurer.
AND INDIVIDUALS.
ALLOWS INTEREST ON DEPOSITS. EXE­
INTEREST ALLOWED ON DEPOSITS.
CUTES TRUSTS OF EVERY DESCRIPTION
E D W IN P A C K A R D . P re s id e n t.
REGISTRAR AND TRANSFER AGENT
A D R I A N I S E L I » ', J r ., V ic e -P re sid e n t.
G E O . R . T U R N B U L L , 3 d V ic e -P re s id e n t.
H E N R Y A . M U R R A Y , T r e a s . a n d Sec.
J . N E LSO N B O R L A N D , A s s is t. S e c r e ta r y
DIRECTORS.
Samuel D. Babcock,
Augustus D. Juilliard,
M IN N E A P O L IS , M IN N E S O T A .
Frederic Cromwell,
Richard A. McCurdy,
Josiah M. Fiske,
Edwin Packard,
Walter R. Gillette,
Henry H. Rogers,
CAPITAL, $500,000.
Robert Goelet,
Henry W. Smith,
George Griswold Haven, H. McK. Twombly,
Oliver Harriman,
Frederick W. Vanderbilt,
R e a l E state L o a n s . S a fe ty D e p o sit V a u lts .
Charles R. Henderson,
William C. Whitney,
Adrian lselin, Jr.,
J. Hood Wright.
A cts a s E x e cu to r , T ru s te e an d G u a rd in n .
EXECUTIVE COMMITTEE.
Samuel D. Babcock,
Richard A. McCurdy
DEPOSITORY FOR WILLS.
Frederic Cromwell,
Edwin Packard,
George Griswold Haven, H. McK. Twombly,
Augustus D. Juilliard,
Henry H. Rogers.
P . O . B O X 1 ,0 0 0 .

Minneapolis Trust Co.,

Mississippi Valley Trust
Company,
3 0 3 N o r tli 4 t h S tr e e t,

ST. LOUIS, MISSOURI.

C a b le A d d re ss “ T r u s t ” M in n e a p o lis.
A s s e t s D e c . 3 1 , 1 8 9 1 ....... $ 6 , 7 3 7 , 9 8 8 3 7
6 4 9 ,0 4 1 0 5
S u r p l u s ................ ...................

1850.

1892.

The United States Life
Insurance Co.

C a p ita l............... ......... .................. .$ 1 ,5 0 0 ,0 0 0
UNDER STATE SUPERVISION.
$ 3 0 0 ,0 0 0 d ep osited w ith S ta te O fficer to
p ro te c t tru st lia b ilit ie s .
IN T H E C I T Y O F N E W Y O B K .
A GENERAL TRUST COMPANY BUSINESS.
NEW INSURANCE WHITTEN.
Allows Interest on Deposits.
Authorized to aTt as Executor, Guardian, Receiver, 1 8 8 8 .......... $6,836,665 5011890..............$11,955,157
1889............. 8,463,625 00 11891............. 14,101,654
Trustee, &c. Manages Estates. Collects Rents.
Becomes Surety on all kinds of Court Bonds.
CEO. H. BURFORD President.
Has Safety Deposit Vaults; a Savings Department.
C. P. FRALEIGH,
A . WHEELWRIGHT
INVESTMENT SECURITIES A SPECIALTY.
Secretary.
Assistant Secretary
DIRECTORS:
Charles Clark,
L. G. McNair, Chas. H. Bailey;
WM. T. STANDEN, Actuary.
Thos. T. Turner, John D. Perry, F. W. Paramore,
The two most popular plans of LIFE INSUR­
Wm. F. Nolker,
John Scullin, Geo. H. Goddard,
T. O’Reilly, M. D., B. F. Hammett, James Campbell, ANCE are the CONTINUABLE TERM POLICY
Sam’l M. Kennard, S. E. Hoffman, August Gehner, which gives to the insured the greatest possible
Aug. B. Ewing,
D. W. Caruth, Julius S. Walsh,
S. R. Francis.
B. F. Hobart. Williamson Bacon, amount o f indemnity in the event o f death at th
OFFICERS;
lowest possible present cash outlay; and the
Juliu s S. W a l sh , President.
GUARANTEED INCOME POLICY,which embraces
John d . P e r r y , 1st Vice-President.
John Scullin , 2d Vice-President.
every valuable feature o f Investment insurance,
Breckinridge Jones, Secretary. and which, in the event of adversity overtaking
the insured, may he used as COLLATERAL SE­
CURITY FOR A LOAN to the extent o f the full
legal reserve value thereof, In accordance with the
terms and conditions of these policies.
3 7 a n d 3 9 W a l l S tree t. N e w Y o r k .
Good Agents, desiring to represent the Company
P a id -U p C a p i t a l ..................... ...$ 1 ,0 0 0 .0 0 0 are Invited to address J . 8 . G A F F N E Y , Super­
S u r p lu s ..............................................
7 0 0 ,0 0 0
Designated as a legal depository by order of intendent o f Agencies, at Home Office.
Supreme Court. Receive deposits of money ou In­
terest, act as fiscal or transfer agent, or trustee for
corporations, and accept and execute any legal trusts
from persons or corporations, on as favorable terms
as other similar companies.
Thomas Hlllhouse, Pres. Fred ’k D. Tappen, V.-Pre» BANKERS AND COMMISSION MERCHANTS
C. M. Jesup, 2d Y.-Pres. Beverly Chew, Secretary.
8 3 W a l l S tre e t! N e w Y o r k .
George D Ooanav. Assist on Secretary^ $ E I
S

Metropolitan Trust Co.

R . T . Wilson & Co.,

▼i

TH E

C H R O N IC L E

[ Y o l . LTV

Jusurauce.

HHisjcjellancotis.

% iscellmitana.

O F F IC E O F T H E

J . Spencer Turner,

The Security Mortgage &
Trust Company

J

SUCCESSOR TO

Brlnckerlioff, Turner & Co.,

A T L A N T IC M U TU A L

MANUFACTURER AND DEALER IN

C O T T O N SAIL DUCK
AND i l l KINDS OF

COTTON CANVAS FELTING DUCK,
CAR COVERING, BAGGING,
RAVENS DUCK, SAIL TWINES, *0..
“ ONTARIO ” SEAMLESS BAGS.
“ AWNING” STRIPES.

Insurance Company,

ALSO. A GKNT8

U N IT E D S T A T E S B U N T IN G CO
A full supply, all Widths and Colors, always
took.
N o . 1 0 9 D u a n e S treet.

N e w Y o r k , January 25th, 1892.
The Trustees, In conform ity w ith the Charter
o f the Company, subm it tho follow in g state­
m ent o f its affairs on 31st day o f Deoem bor,
1891.
Prem ium s on Marine Risks from
1st January, 1891, to 31st
Decem ber, 1891........................ $3,802,687 97
Prem’ ms on P olicies n ot m arked
o ff 1st January, 1891................ 1,394,177 87

Bliss, Fabyan & Co.,*
WEW Y O R K , B O ST O N , P H I L A D E L P H I A
Selling A gents f o b L eadin g B rands
3RO W N

an d B L E A C H E D S H I R T I N G
and S H E E T IN G S ,
PRINTS, DENIMS, TICKS, DUCKS, &0.
T o w e ls, Q u ilts, W h ite G o o d s and H o s ie r y
Drill», Sheeting», etc., tor Export Trade.

Total Marine Prem ium s....... $5,256,865 84
Premiums m arked o ff from 1st
January, 1891, to 3lBt D e­
cem ber, 1891........i ................... $3,784,723 36

W IL L IA M H E N R Y C H A N D LE R
W A L D H O N S H 4 P L E IG H ,

Losses paid during the same
P eriod....................................$1,836,325 11

Chemical Engineers and
Consulting Chenrsts.

Returns o f Premi­
ums and E xpenses.$784,790 57

Chemical Industries Investigated, New Processes
Examined. Plans and Specifications ot Works Fur­
nished. Also Yearly Contracts for Consultations.
R o o m s 9 7 & 9 » , 8 u B r o a d w a y , N ew F o r k .

The Company has the follow in g Assets, viz.:
United States and State o f New
Y ork Stock, City, Bank and
other Stocks............................... $7,567,155 00
Loans secured b y Stocks and
otherw ise............................
2,009,100 00
Real Estate and Claims due the
Company, estimated a t ............ 1,083,400 36
Prem ium Notes and B ills Re­
ceivable........................................ 1,425,030 93
Cash in Bank............................
193,895 88
Amount.

&

W M . F R A N K LIN H A L L ,
BOOKS

ACCOUNTANT AUDITED

New forms designed for books of account.
Settlement of Insolvent Estate».
418 Exchange Building, 63 State Street Boston.

Jos. C. Platt, C. E .,

.$12,278,582 17

CONSULTING ENGINEER,
S IX P E R CENT INTEREST on the outstand­
ing certificates o f profits w ill be paid to the
holders thereof, o r their legal representatives,
on and after Tuesday, the 2d o f F ebruary next.

OFFICERS.
J. T. TREZEVANT, President.
J. T. DARGAN, 1st Vice-President.
J. C. O’CONNOR, 2d Vice-President.
GUY SUMPTER, 3d Vice-President.
W. W. RODGERS, Secretary.
E. M. REARDON, Treasurer.
BARROW, WADE, GUTHRIE & CO., o f New York,
Auditors.
DIRECTORS.
J. C. O’Connor , President City National Bank.
J. T. Trezevant , Associate Manager S. W. Dep’t
Fire Association o f Philadelphia.
J. T. D a k g a n , Vice-President.
Sam P. Cochran , Associate Manager S. W. Dep’t
American Fire Ins. Co. o f Philadelphia.
T. L. Mar s a lis , President Dallas Land & Loan Co.
G uv Sumpter , Capitalist, (Late Ass’t-Treasurer
Texas A Pacific Railway Company.);
A lex . San ger , o f Sanger Bros., Wholesale and
Retail Dry Goods.
T. S. MiLLEb, o f Leake, Shepard & Miller, Attor­
neys at Law.
D. E. Greer , Attorney.

Advisory Committee o f Stockholders,
Philadelphia.
I. J. WISTAR, Chairman.
George W. Blabon,
George F. Tyler,
J. N. Hutchinson,
George De B. Keim,
George M. Troutman,
John J. Zeigier.
Six percent 5-year Gold Mortgages on Texas city
and country properties.
Also 6 per cent 10-year Gold Debentures based on
such mortgages, interest and principal payable
either in New York, Baltimore, Philadelphia or
London.
Collect claims of all kinds anywhere in Texas or
the Southwest.
Make sales, pay taxes, collect rents, and deal In
select Municipal and Corporation Bonds.
Act as Trustee, Executor, Administrator, Guar­
dian, Receiver and Financial Agent for Estates,
Cities, Railroads, etc.
W . T. IR W IN .

E x a m in a tio n s a n d R e p o r t s i o r I n v e s t o r s

Hatch & Foote,

FR ANK ELLIS.

F. H . BALLMANN

Irwin, Ellis & Ballmann,
SUCCESSORS TO

Morehead, Irwin & Co.,
Stock, Bond and Note Brokers,

NO.

W A T E R F O R D , N. Y .

TH E OUTSTANDING CERTIFICATES o f
the issue o f 1887 w ill be redeem ed and paid to
the holders thereof, or their legal repre' entatives, on and after Tuesdayrthe 2d o f Febru­
ary next, from w hich date all interest thereon
w ill cease. The certificates to be produced at
the tim e o f paym ent and canceled.

OF DALLAS, TE X A S .
§ 3 0 0 ,0 0 0 0 0
C a p ita l P a id in .......................
A ssets D e c . 3 1 ,1 8 9 1 , o v e r § » ,0 9 9 ,9 1 1 § 8

51

W EST
T H IR D
STREET.
C IN C IN N A T I, O H IO .

W illia m W ilson & Sons, Established 1802.
W ilson , Colston & Co.,
“
1867.

Wilson, Colston & Co.,

7 PINE STREET, NEW YORK.
INVESTMENT SECURITIES

A DIVIDEN D OF F O R TY P E R CENT is
declared on the net earned prem ium s o f the
Company fo r the year ending 31st D ecem ber,
1891, fo r w hich certificates will be issued on
and after Tuesday, the 3d o f M ay next.
B y order o f the Board,

Members of Baltimore Stock Exchange.
BAN KERS.
3 1 6 E a st B a ltim o r e S treet, B a lt im o r e .
Investment and Miscellaneous Securities a sped
alty, and whole issues handled.
Exceptional facilities for dealings In all classes or
Southern Bonds. Loans on Collateral Securities
negotiated.

SOUTHERN

California Securities

J . BE* C H A P M A N , S ecre ta ry.

B o u g h t a n d S o ld .

Send fo

L is ts .

GEO. A. LE W IS & CO., Bankers,

OF THE HIGHEST CHARACTER.
7 P e r C en t D e b en tu re B o n d s.
8 P e r C en t G u a r a n te e d M o r tg a g e s .

1 3 2 L A S A L L E S T R E E T , C H IC A G O .

J. D. Jones,
W. H. H. Moore,
A . A. Raven,
Joseph H. Chapman,
James L ow , .
W m, Sturgis,
Benjam in H. Field,
Jam es G. D e Forest,
William D egroot,
W illiam H. Webb,
H orace Gray,
William E. Dod^e,
George Bliss,
John L. Eiker,
C. A . Hand,
John D. H ewlett,
Charles P. Burdett,
H enry E. Hawley,

Charles H. Marshall,
Charles D. L everich,
E dw ard Floyd Jones,
G eorge H. M acy,
Law rence Turnure,
W aldron P. Brown,
A nson W. Hard,
Isaac Bell,
N. Denton Smith,
Thom as Maitland,
G eorge L. Nichols,
Gustav Am sinck,
Joseph A gostini,
G eorge W. Campbell,
V ernon H. Brown,
Christian de Thomsen,
Leander N. Lovell.

JOH N D. JONES, President.

60 B R O A D W A Y , N E W Y O R K "

Staten Island Securities
A SPECIALTY.

GENUINE
WELDED CHROME STEEL AND IROS
in Round and Flat Bars, and 6-piy Plates and Angle
FOR SAFES, VAULTS, &c.
Cannot be Sawed, Cut, or Drilled, and positively
Burglar-Proof.
CHROM E STEEL W O R K S,
Sole Maa’Pers in the U. S.
B R O O K L Y N , N. Y .

JOSEPH

6ILL0
m

S TE E L PENS.

W. H. H. MOORE, Vice-President.

j

A. A . R A V E N , 2d Vice-President-

•




W. R . T . Johnston,

SECURE BANK VA U LTS ,

TRUSTEES«

GOLD MEDAL,

PARIS

exposition ,

188ft,

THE MOST PERFECT OF PENS.

G a s, R a ilr o a d an d E le c tr ic L ig h t C o.
S to c k s .
GEO. B . R IP L E Y ,

68 B r o a d w a y .

R oom

8.

ESTABLISHED 1866.

E u g e n e R . C o le ,
S T A T IO N E R A N D P R IN T E R .
Supplies Banks, Bankers, Stock Brokers and Cor.
porations with complete outfits o f Account Books
and Stationary.
£5
„» .
New concerns organising will have their
orders promptly executed.

No. I W IL L IA M STR EE T.
'HANOVER SQUARE,)

A p r i l 16, 1892.J

THE

^ n c tia u s.

Richard V. Harnett & Co.
Henry W. Donald, Auctioneer.

C H R O N IC L E

7Ì1

fin a n c ia l.

fin a n c ia l*

N e w Y o r k , April 8,1892.
T o t h e H o ld e r s o f V o t in g T ru stees*
C e r t i fi c a t e s f o r 1 s t a n d 2 d P r e f e r e n c e
S to ck o f th e

Richmond & West Point
E E G U L A R AUCTION SA LE
Chesapeake & Ohio Rail­ Terminal Railway &
OF
way Co.
Warehouse Co.
Stocks and Bonds,
TUESDAY, April 19, at 12:80 P. M.
A.t the Real-Estate Exchange & Auction Room,
Nos. 59 to 66 Liberty 8t.
(By order o f Executors o f Rachel B. Tomlinson.)
75 shares Consolidated Gas Light Co. o f New York,
_
$U 0 each.
80 shares Citizens’ Gas Light Co. of Newark, N. J..
„ _
I 0 each.
83,000 Milwaukee & St. Paul RR. Co. 1st Mortgage
Convertible 7 per cent Bonds, due 1893.
$5,000 Flint & Pere Marquette RR. Co. (Port Huron
Division) 5per centGold Bonds, due 1939.
$3,000 Buffalo & Erie HR. Co. 7 per cent Mortgage
Bonds, due 1898.
$7,500 Street Improvement Bonds offthe Town of
Harrison, N. J., 5 per cent, due 1911.
$5,000 Long Dock Company 7 per cent Mortgage
Bonds, due 1893.
$5,000 Terre Haute & Logansport RR. 0«. 1st Mort­
gage 6 per cent Bonds, due 1910 (guaran­
teed by Terre Haute & Indianapolis RR.
Co.)
$1,000 Central HR. o f New Jersey General Mortgage
6 per cent Gold Bond, due 1987. Regis­
tered.
$2,000 Canada Southern RR. Co. 1st Mortgage 5 per
cent Bonds, due 1908.
(For account o f whom it may concern.)
10 shares Lawyers’ Surety Co., $100 each.
60 shares National Broadway Bank, $26 each.
60 shares Bank of New York, N. B. A., $100 each.
25 shares Bank o f the State of New York. $100 each.
63 shares National Bank of the Republic, $1l0 each.
11 shares Corn Exchange Bank, $100 each.
30 shares Central National Bank, $100 each.
60 shares continental National Bank, $100 each.
26 shares Market & Fulton National Bank, $100
4A shares Farmers’ Loan & Trust Co., $25 each.
70 shares Merchants’ Exchange National Bank,
$50 each.
19 shares Union Trust Co., $100 each.
100 shams Merchants’ National Bank. $50 each.
$2,000 Sta'e o f Texas 5 per cent Bond, due 1909.
$i,"00 City of Atlanta 7 per cent Bonds, due 1899.
$7,100 City of Rome, Ga., 8 per cent Bonds, due 1896.
$5,000 Ohio & Mississippi HR. Co. Consolidated 7 per
cent Bonds, due 1898.
Lists at auctioneers’, 71 and 73 Liberty St.
N. B.—Sales should be received by noon on Friday
to get the benefit o f advertising in this paper.

Holders o f over two-thirds In amount o f each class
o f Chesapeake & Ohio Railway Company stock trust
certificates issued by the undersigned having as­
sented to the creation of the securities outlined in
the plan set forth in said Company’s circular of Jan.
22,1892, said plan has been carried into effect and
securities have been issued and delivered to us to
enable us to proceed with exchanges thereunderHolders o f our certificates for first and second prefer­
ence shares may now exchange them at the office of
Drexel, Morgan & Co., 23 Wall Street, New York
who will make exchanges without delay.
The basis of exchange, as set forth by thé Railway
Company in said circular of January 22,1892, is :
The first preferred stockholders to receive twothirds o f the face value of their stock in its new 4)6
per cent General Mortgage Bonds, bearing Interest
from July 1,1892, and one-third in common, stock
trust certificates. The second preferred stockholders
to receive one-third o f. the face .value of their steel:
in like bonds and two-thirds in common stock trust"
certificates. Fractions will be adjusted by equitable
cash settlements.
The bonds are for $1,000 each, and bear Interest
from March 1,1892, and their recipients, under this
notice, may eh her pay the four months’ interest
(from March 1 to July 1), viz., $15 per bond, in cash,
or the company will detach the September coupon
and pay the interest from July I t o September 1,
viz., $7‘50 per bond In cash.
Pursuant to arrangements made for the purpose,
the Miares of preference stock so exchanged will be
tramferred and placed in trust, being marked “ nonnegotiable,” it being Intended that they shall be so
held until all, or nearly all, the preference shares
shall have been exchanged, when they may be can­
celed, unless it should be decided to cancel them at
an earlier date.
J . P IF R P O N T M O R G A N ,
J "H N CROSBY BROW N,
G E O R G E B L IS S ,
V o tin g T ru s te e s .

ST O C K S and BONDS
A t Auction.
A New Coal Field and
The undersigned hold REGULAR WEEKLY
Timber District.
AUCTION SALES of all glasses o f
STO C K S AND

BONDS

ON
E V E R Y W ED NESDAY.

ADRIAN II. M ULLER &. SON,
NO. 1 PIN E STREET, NEW YORK.
ANNISTON CITY LAND CO.
BUFFALO STREET RAILW AY CO.
ROCHESTER STREET RAILW AY CO.
FLORIDA CENTRAL & PENINSULAR R ’Y CO.
POSTAL TELEGRAPH-CABLE CO.
NEW ORLEANS PACIFIC LAND GRANTS.
D e a lt in b y

Gustavus Maas,
___________ 2 6 B R O A D S T R E E T .

Honsatonie RR. pref’d Stock.
Rochester Railway Co. Mock.
Buffalo Railway Co. Stock.
Milwaukee Street R’y Bonds and Stock.
Tei re Haute A Ind. RR. Bonds and Stock.
Grand Rapids & Indiana RR. Stock.
DEALT IN BY

S A M U E L H. BAR RO W S, 3 4 N e w S t .

Stocks and Bonds o f the New­
ark Passenger and Rapid Transit
Street Railway Companies
DEALT IN BY

J . S. R lP P E L ,
t

C lin to n

S t r e e t , N e w a r k , N . J".

Wm. G. Hopper & Co.,
2 8 S O U T H T H I R D S T ., P H I L A .l
S to c k s and B on d s bought and sold on Com­
mission for Cash, or carried on favorable terms.
I n te r e s t a llo w e d on balances. Correspondence
«ollcited.




The OHIO E XTEN SION o f the N ORFOLK &
W ESTERN R A IL R O A D penetrates one o f the
m ost valuable coal and tim ber districts in the
U nited States. The line o f this extension is
193 m iles in length, from Coal G rove, Ohio,
via K enova, W. Ya., to Elkhorn, W. V a., of
w hich 54 m iles to Dunlow, W. Ya., is now
opened fo r business and the entire line is under
construction and will he com pleted early in the
fa ll o f 18 92. It passes through virgin country
abounding in gas, splint, cannel, steam, coking
and dom estic coals and Are-clay; chestnut-oak,
white-oak, beech and poplar tim ber. Those
looking fo r advantageous sites fo r the location
o f saw-mills o r tanneries and establishments
fo r the m anufacture o f furniture, wagons, agri­
cultural im plem ents, wood-pulp, Are-brick ór
m anufactured iron articles, should investigate
the resources o f this new Aeld. The new tow n
o f K enova, W. Va., offers m any advantages fo r
the location o f m anufacturing establishments,
also the territory opened up b y the N orfolk &
W estern R ailroad on the north hank o f the Ohio
R iver, betw een K enova, W. Va., and Ports­
m outh, Ohio. F or the m anufacture o f Anished
iron articles the district offers unequaled ad­
vantages, w ith supply o f coal and Pocahontas
coke on short hauls, and w ith the blast fur­
naces o f the Ironton, H anging R ook and Ash­
land district in close proxim ity. F avorable
freight rates m ade upon raw materials to all
m anufacturing establishment on this line.
For further inform ation as to freight rates,
maps, nam es o f parties to w hom application
should be m ade fo r coal leases, &c., apnly to
JO H N J . A R C H E R ,
D iv . F r e ig h t A g en t, C olu m bu s, O h io .
Or
CHAS. G. ED D Y,
V ic e -P re s id e n t, R o a n o k e , V a.

TBE WALL STREET JOURNAL.
An invaluable financial daily ; $5 a year. Sample copy
free. DOW, JONES & CO., Publishers, 41 Broad St.

NOTICE.
T h e fo llo w in g s e c u r itie s o f th e R ic h m o n d
«& W e s t P oin t T e rm in a l R a ilw a y ds W a r e ­
h o u se C om pany h a v e been d ep o site d u n d er
th e P la n ot R e o r g a n iz a tio n o f M a rch 1,
1 > 9 2 , lod g ed w ith th e C en tra l T ru s t C om ­
p a n y o f J e w Y o r k , v i z .:
COM M O N S T O C K ....................... $ 4 8 ,3 9 9 ,8 0 0
P R E F E R R E D S T O C K ............... 3 ,0 0 0 ,0 0 0
O P E R C E 'T C O L L A T E R A L
T R U S T B O N D S .......................... 1 ,3 0 0 ,0 0 0
5 P E R CE N T G O L D C O L L A T ­
E R A L T R U S T B O N D S .......
7 ,0 2 0 ,0 0 0
T O T A L .... .'... ...:.... .. ............. 8 3 9 ,9 1 3 ,8 0 0
v S u flicieiit Mtock o f th e F A S T T E N N E SSE E
V IR G IN IA
St G E O R G I A
R A IL W A Y
C O M P A N Y h a s be*-n d e p o site d to m a k e ,
w ith th e s to ck o w n e d b y the R IC H M O N D St
W E S T P O IN T T E K M lN A L R A I L W A Y St
i W A R E H O U S E C O M P A N Y , a m ajority^
U n d erly in g se c u r itie s to a la r g e a m ou n t
h a v e b een d ep osited u n d er th e P la n o f R e ­
o r g a n iz a tio n ,
F O R T H E P U R PO SE OF A L L O W IN G
B A N K E R S A N D B R O K E R ^ T O D E P O S IT
S E C U R I T I E S IN T R A N S I T , T H E C O M ­
M IT T E E H A T E OK* IU E D N o T T O D E ­
T E R M IN E T H E Q U E S T IO N O F AN E X ­
T E N S IO N O F T H E T I M E F O R D E P O S I T ­
IN G U N T IL A F T E R 3 O’ C L O C K P . M .
ON T U E -D A Y , 1 9 T H I N S T ., A N D U N T IL
T H A T T IM E T H E C E N T R A L T R U S T
C O M P A N Y O F N E W Y O R K IS A U T H O R ­
IZ E D T O R E C E IV E D E P O S IT S .
THE CENTRAL TRUST COMPA NY’S certificates,
which are being issued i i exchange for the Rich­
mond & West Point Terminal Railway & Warehouse
Company and East Tennessee Virginia & Georgia
Railway Company securities deposited under the
Plan of Reorganization H A V E BE E N L IS T E D
ON T H E
NEW Y O R K
STOCK E X ­
CHANGE.
T h e r ig h t o f s u b s c rip tio n to th e Ca sh F u n d
offered u n der the p lan to the d e p o s ita r ie s o f
stock an d 3 p er cen t b on d s , w ill be e x te n d e d
to su ch d a te as m ay be a d v e r tis e d b y th e
c om m ittee a fte r A p ril 1 9 th , 1 8 9 2 .
T h e h o ld e r s o f th e s e c u r it ie s o f th e a u x ili­
a r y c o r p o r a t io n s a r e in v it e d to c o -o p e r a te
an d b ecom e p a r tie s to th e p la n to p re s e r v e
th e in te g rity o f th is la r g e system ol R a i l ­
r o a d s , th e d is in te g ra tio n o f w h ic h w o u ld
p r o v e d is a s tr o u s to su ch s e c u r itie s .
■ C op ies o f th e l la n ot R e o r g a n iz a tio n m a y
b e h a d a t th e office o f th e C en tra l T r u s t
C om p a n y o f N e w Y o i k .
N ew Y o r k , A p r il 1 4 ,1 8 9 2 .
F R E D E R IC P . O L C O T T,
O L IV E R H . P A Y N E ,
F R E D E R IC K D. TAPPEN ,
W IL L IA M H . P E R K IN S ,
H E N R Y BUDGE,
H . C. F A H N E S T O C K ,
J . KENNEDY TOD.
C o m m ittee.
GEORGE S. ELLIS, Secretary.
54 Wall Street, New York.

TO

INVESTORS.

The Sunflower Land & Manufacturing Co. offers for
sale 90,000 acres of the finest land in the Mississippi
delta. The soil is the richest loam—unsurpassed for
cotton. It is heavily covered by virgin forest of the
best quality of hard-wood timber. It is all in Sun­
flower County, Miss., convenient to river and rail.
The entire body is offered at a price but little in
advance o f figure at which the timber alone has ju s.
been sold from 16;000 acres of it. For particulars
T. B. TREZEVANT, President,
Memphis, Tenn.
T H E M IC H IG A N C E N T R A L
JL
RAILROAD COMPANY,
T r e a s .’ s O f f i c e , g r a n d C e n t r a l S t a t i o n ,
N e w Y o k e . M a r c h 2 8 ,1 8 9 2 .

The STOCK TRANSFER BOOKS of this company
will be closed at TWELVE o’clock noon on SAT­
URDAY, the SECOND day of April (for the pur­
poses o f the next annual meeting of the stock­
holders) and will be reopened ou the morning of
FRIDAY, the SIXTH day of MAY next,
.HENRY PRATT, Treasurer

THE

vili

C H R O N IC L E /

:a lettesi, gittilleiîJtls, Sec.

ffitratcjcial.
FIRST GENERAL MORTGAGE 5% FORTY YEAR
GOLD BONDS
OF TH E

EVANSVILLE AND RICHMOND R .R .C O .
Principal and Interest absolutely guaranteed by the

Evansville & T erre Haute R . R . Co.
After a thorough investigation of the E vansville & T erre
H a u te R ailroad system, we have contracted for the entire amount
o f these bonds in the treasury of the company.
Price of Bonds and circulars containing detailed information
and map can be obtained upon application, in person or by letter.

HARVEY

F IS K & SO N S,

28 Nassau Street, New York City.
Memoranda o f investment securities fo r sale, mailed to any address on request.

GUARANTEED STOCKS

$ 5 50 ,0 0 0

Y IE L D IN G

FIRST MORTGAGE GOLD 4 1 2 PER

4 3-4 to 5 1-4 Per Cent Net.

CENT RONDS

ALSO

OF TH E

H IG H -G R A D E

•

Fort Street Union Depot Co.

R A IL W A Y BONDS.
FO R SALE B Y

REED

& FLAG G ,

N O . 11 P I N E S T R E E T , N E W Y O R K .

$ 4 0 0 ,0 0 0
C ITY OF

C LEVELA N D , O.,
Water Works 4 1-2 Per
Cent Bonds,
BUB

A P R IL

1,

1902.

P r ic e a n d p a r tic u la r * o n a p p U c a tlo n .

Seasongood & Mayer,
CINCINNATI, OHIO.

A . M. Kidder & Co.,
BAN KERS,
18

W A L L

S T R E E T .

DEALERS IN HIGH-CLASS

IN V E ST M E N T BONDS
AND

GUARANTEED STOCKS.
CIRCULAR ON APPLICATION




|Yol. LI Y

OF D E T R O IT , MICH.
D u e J a n u a r y 1, 1 9 4 1 . In te re st p a y a b le
J a n u a r y an d J u ly .
This Company is controlled by the FLINT & PERK
MARQUETTE RR. CO., WABASH RR. CO., DE­
TROIT LANSING & NORTHERN RR. CO. and
CANADIAN PACIFIC BY. CO. and has acquired the
property for the purpose of giving these companies
adequate accommodations in the City of Detroit. It
is expected that it will be ready for occupancy about
August 1st, 1892.
The property is situated in the heart of the City of
Detroit. The real esi ate alone has cost about $800,000, and the station buildings will cost, when com­
pleted, about $200,000 more.
The cost of the whole property, Including elevated
structure, right of way, tracks, etc., and real estate
and buildings, as above mentioned, all included
under the mortgage, will amount to almost exactly
$2,000,000, of which amount over $1,500,000 has
already been expended.
„
THE ISSUE OF BONDS IS LIMITED TO
9 1 ,0 0 0 .OHO. the balance of the cost being provid­
ed by the Issuance of stock. The bonds are also
secured by a lease of the property FOR 999 YEARS
to the four above-mentioned roads, the lease pro­
viding, as rental, the payment by the lessees of all
repairs, legal expenses, salaries, taxes, etc., and 5 per
cent interest on the total cost of the property.
W e recom m en d th ese bonds a s a c o n s e r ­
v a t iv e in v estm en t fo r T ru st F u n d s.

Kidder, Peabody & Co.,
1 1 3 D E V O N S H I R E S T ., B O S T O N .
T O H O L D E R S OF BONDS
OF THE

Indianapolis Decatur &
Western R ’y Co.
E n g r a v e d c e rtific a te s, liste d b y th e N ew
Y o r k S to ck E x ch a n g e , m ay n o w b e o b ta in e d
fro m th e M e tr o p o lita n T ru s t C om p an y , 3 1
an d 3 9 W a ll S t., in e x c h a n g e fo r th e p rin t­
ed c e rtific a te s issu ed fo r b on d s d e p osited
u n d er T H E A G R E E M E N T F O R R E O R ­
G A N IZ A T IO N ,
B o n d h o ld e r s w h o h a v e n ot y e t d ep osited
t h e ir s e c u r itie s m ay d o so a t an y tim e p r io r
to A p r il 3»*, a fte r w h ic h d a te a p e n a lty o f 5
p e r cen t w i l l b e im p osed u p on b o n d s ou tsta n d id g ; bon ds m ust be d ep osited to p a r tic ­
ip a te in the r e o i g a n iz a tio n . F ir s t m o r t ­
g a g e 5 p er cen t bon ds m ay be d ep osited fr e e ,
S econ d m o rtg a g e bon ds up on p aym en t o f 1
p e r cent, In com e m o rtg a g e bc-nds up on p a y ­
m ent o f 2 p er cen t.
C o p ie s ot th e a g reem en t m ay be h a d on
a p p lrc a tio n to th e T ru s t C om p an y.
T H O M A S B . A T K IN S ,
S e c re ta r y to C om m ittee.

Office o f tb e
N. Y . G U A R A N T Y & 1 » D E M N TT Y CO.
NEW Y ork , April 18,1892.
A dividend of Two Pei Cent has been declared b y
the Edison General Electric Company, and this comiany has been directed to pay the same at its office,,
_Io. 59 Cedar St., New York, on and after May 2,1892,
to the holders of record of its T ru st K e c e ip ts l o r
s to ck o f sa id E d ison G en era l E le c tr ic C om ­
p a n y as they appear on this company’s books at.
the close of ousiness on April 23,1892.
The books of this company for the transfer of it*
Trust Receipts for stock of said Edison General
"lectric Company will be closed April 23, 1892, at 12.
'clock M. and reopened May 3,1892, at 10 o’clock
. M.
The closing of this company’s hooks and the pay­
ment o f dividend in the manner above indicated ara
in pursuance of the direction and determination of
the committee named in the stockholders’ agreement
o f Feb. 9,1892.
H. A. MURRAY, Treasurer.
R A I L W A Y E Q U IP M E N T C O M P A N Y O F
■**.
MINNESOTA.
The Board o f Directors of this Company has de­
clared a dividend of 3 per cent for the six month*
ending April 30th, 1892, payable May 2d to stock­
holders o f record of April 19th, in New York at tha
office of the undersigned and in London at the office
of Messrs. C. J. Hambro & Son.
MAITLAND, PHELPS & CO.,
Transfer Agents, 24 Exchange Place.
o r h e
r a il w
y
co
ALL
Gr e a t 40nAND t42 Wr n 8TKEET, a23,1892. „
March

The Board of Directors of this Company have de­
clared a quarterly dividend o f ONE AND ONEQUARTER PER CENT on tbelPreferred Stock, pay­
able at this office on and after May 2,1892, to stock­
holders of record on that date.
For the purpose of this divider d, and also for the
purposes of the bond subscription referred to in the
circular of President Hill to the shareholders, dated’
March 22,1892, the stock transfer books will be close#
at 3 P. M. April 25 and reopened at 10 A. M. May 3„
1892.
E. T. NICHOLS, Secretary.
T H E n a t io n a l s t a r c h m a n u f a c 1
TURING COMPANY.
Office of the T reasurer , 29 Br o a d w a y , )
New Y ork , April 6,1892.
J
The semi-annual FOUR PER CE '•T dividend due
May 1,1892, on the first preferred stock of this com­
pany will be paid at this office on May 2 to stocktolders o f record at the closing o f the books April
15,1892.
The transfer books will he closed at 3 P. M., April
16, and reopen at 10 o’clock Tuesday morning, May 3.
The coupons due May 1,1892, on i he bonds o f the
National Starch Manufacturing Company will be
jaid on Monday, May 2, upon presentation at the
Chase National Bank, New York.
CHARLES C. BURNS, Treasurer.
J ^ O R F O L K & W E S T E R N R R . CO.
P h il a d e l p h ia , March SOth, 1892.
Notice Is hereby given that the Board o f Director s
has declared on the preferred stock of this Company
a dividend o f one and one-half dollars per share
out of the surplus Income o f the Company, payable
at the office o f t ie Treasurer, on and after April
29th, 1892, to the stockholders as registered at 3
o’clock P. M. on April 16th, 1892.
The transfer books will be closed from 3 o ’clock.
P, M., April 16th, 1892, until 9 o ’clock, A. M., May
6th, 1892.
A. J. HEMPHILL,
Secretary.
T H E N A T IO N A L C O R D A G E C O M P A N Y .
X
New Y o r k , April 5,1892.
The Board o f Directors have this day declared the
regular .quarterly dividend of TWO PER CENT on
the Preferred and TWO AND ONE-HALF PER
CENT on the Common Stock of this Company, pay­
able May 2 next at the transfer office of the Com­
pany, 135 Front St., this city. The books will close
April 15 and reopen May 3 next.
CHARLES DAYIS, Treasurer,
Office o f th e
E D IS O N G E N E R A I. E L E C T R I C CO.,
E d ison B u ild in g , B r o a d St-,
N e w Y o r k , April 1,1892.
To the stockholders o f the Edison General Electriccompany :
The tenth quarterly dividend o f 2 per cent on all
the stock of this company has been declared by the
Board o f Directors, due and payable on May 2,1892,
at the office of this company, to holders of record
April 20,1892.
The transfer books will be closed at 3 o clock P. Mon April 20,1892, and reopened on May 3,1892.
By order of the Board of Directors.
A. MARÇUS, Secretary.

THE CAi ADIAN PACIFIC BAIL’ Ï CO.
N O T IC E T O S H A R E H O L D E R S .
The Eleventh Annual Meeting of the Shareholders
of this Company for the election o f Directors and
the transaction of business generally will be held on
W ed n e sd a y , the 1 1 th d a y o f M a y n ex t,
at the principal office of the Company, at Montreal,
at 12 o’clock noon,
The Meeting will be made special for the purpose
of considering, and of taking such steps as may be
deemed expedient in order to give effect to any legis­
lation by the Parliament of Canada, during its present
Session, authorizing the issue o f additional Consoli­
dated Debenture Stock in exchange for Mortgage
Bonds Of which the principal or interest is guaran­
teed by the Company, and o f authorizing such issue;
such bonds to be held as security for the holders of
Consolidated Debenture Stock.
The Transfer Books o f the Company will close in
Montreal and New York on Saturday, April 30th,
and In London on Tuesday, Aprii 19th, and will be
re-opened on Thursday, May 12.
By order o f the Board,
CHARLES DRINKWATER, Secretary,
Montreat , 6th April, 1892.

REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES*.
E ntered according to A ct o f Congress, in the year 1892, fry W it. B . D a n a & C o., in the office o f the Librarian o f C ongres», W ashington, D. C.]

V O L . 54.

S A T U R D A Y , A P R IL 16, 1892.

e Chronicle,
Terms o f Subscription—Payable in Advance:
F or One Y e a r .......................................................................... . $1® ®®
0 00
F or Six M onths ........................................-•................ .........
E uropean Subscription (including p o s ta g e !...................... 11 50
European Subscription S ix M onths (in clu din g p o sta g e ).
6 75
A nnual Subscription in L ondon (in clu din g p o s t a g e ).... 3 2 8s.
S ix Mos.
do.
do.
do.
. . . . £ 1 9s.
The I nvestors ’ Supplem en t o f 160 pages is issued ev ery other
m onth, on the last Saturdays o f Jan., M arch, M ay, Ju ly, Sept, and
N ov., and fu rn ished w ith ou t e x tra charge to all subscribers o f the
C hronic l b .
The State and C it t S upplem en t o f 184 pages is also g iven to every
yearly subscriber o f the C h ronicle .
File cov ers are sold at 50 cents each, and to n ew subscribers fo r a
year one file cover is supplied w ithout c h a r g e ; posta g e o n the sam e is
1 Subscriptions w ill be continued un til definitely ordered stopped. The
publishers cannot be responsible fo r rem ittances unless m ade b y drafts
• r P ost Office m oney orders.

N O . 1,399.

New York......................
Sales of—
(Stocks............. shares.)
<
Cotton.............. bales.)
1drain............bushels.)
(Petroleum....... .. bbls.)

$
$
764,251,409 634,907,890
(1,701.851)
(2,075,673)
(282,700)
(418.100)
(71,818,850) (59,339,750)
(680,000)
(444,000)
87,199,400
5.042.200
2.383.334
1.541.352
1,251,679
1.218.297
1.263.326
762,588
524,063

95.483.959
6,435.700
2,186,165
1,317,117
1,213,413
1,191.377
1,519,082
721,051
603,301

101,184,239

109,671,165

74,114,892
14.635.967
13.643.882
8.200.251
2,177,969
1,747,266
949,000
942,747
303,300

The following table, made up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses o f the
United States for the week ending to-day, April 16, have
been $1.118,558,028, against $1,221,397,734 last week and
$1,127,819,983 the corresponding week last year. The decline
from last year is due to the partial loss of one day’s exchanges
in consequence of the occurrence o f Good Friday.___________

P. Cent
+22-8

(+220) (1,684,302) (+125-2)
(+479)
(410.100) (+106-4)
(+210) (47,995,500) (-7-8)
(-234) (1,368,000) (+17"tf)

+10-8
+8-4
+0-9
+0-4
-2-8
+22-5
—0'8
-1 1 0
+15*5
—20-7

99,799,876

+168

107,409,930

+8-4

Lexington......................

4,052,600
2.000.000
1,958,735
833,740
636,256

74.264.990
12.259,250
4,482,236
6.28 ¿,936
4,722,651
2,896,300
1.879.924
1,585.874
7*3.000
422,397

+16-7
+229
+260
+0-3
+16-1
+399
+64
+236
J-6-5
+270

8? .359,475
12,738,550
6,899,047
5,644,539
4.805.686
8,376,900
1.688,397
1,927.900
750,000
355,503

+15-2
+4-0
+24*8
—3'8
—2-7
+17*9
—16-4
+11-5
—2-9
—12-1

Total Middle W eitem .

128,547,642

109,569,558

+17-3

124,645,997

+118

San Francisco................

Lo« Angele«................ .

15,129,856
2.167.742
1.922.890
1.060.869
740,546
752,433

16.051.232
1.850,648
1.670.438
1.023,553
842.959
705,725

-5-7
+17-1
+151
+3-7
-1 2 1
+6-6

15,155,871
2.029.779
1.700.000
855.682
707,797
677,855

-25*2
+5"5
+12-6
—23-7
—21*8
—0-2

Week Ending April 16.

21,774,336

22,144,549

-1-7

21,126,984

—200

8.773.457
6.433.749
4.617,508
5.120.892
6.244.4511
1.705.122
1.761,928
1.229,629
1,251,073
551.447
613,453
885,684

9.559.970
6.162,920
3,783,392
3,744,114
4.857,460
1.369.260
1.402,673
1.046.244
923,382
625,073
631,670
403,428

-8 2
+24-6
+219
+ 36 8
+8 0
+24-5
+25-6
+175
+356
+ 60
+15-4
—
4-4

8,031,765
6.201,724
4,804.773
4.532,208
4.366.444
1,520,938
1.519,239
1.10M43
904.546
638.725
614.535
336,055

—12*4

Salt Lake City...............

Per Cent.

$616,255,653
79,P08,327
48,659,521
10,172,191
73,158,000
22,585,450
6,386,589

$565,079,539
81,323,183
56,450,613
11,740,852
67,536,000
17,654,474
9,316,285

Seven cities, 5 days
Other cities, 6 d a y s.....

$857,125,731
125,962,424

$809,099,946
134,863,924

-1 -7
—13-8
—13*4
48-3
+27-9
-31-4 Topeka...........................
Total Other Western..
+5'9
- 6-6

Total all olties, 5 days.
A ll eitles, 1 d a y ...............

$983,088,165
135,469,873

$043,963,870
183,856,116

+4-2
—263

$1,118,558,028

$1,127,819,986

The full details of clearings for the week covered by the
above statement will be given next Saturday. W e cannot, of
course, furnish them tp-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in all cases estimated, as we go to press Friday night. Below
are our usual detailed figures for the previous week, that is
covering the returns for the period ending with Saturday
noon April 9, with the comparative totals in 1891.
It will be observed that there is a gain in the whole country
over the total for the preceding week of nearly seventy
millions of dollars and that the increase over M irch 26 is over
one hundred and forty-three millions. Speculation on the




$
706,037,489

68,584.885
13.029.767
13,706.127
6,881.470
1,856,351
1,620,501
789.653
797,270
237,900

New Y o rk ...
Boston..........
Philadelphia.
Baltim ore....
G h loa go......
8t. L o u is.....
New Orleans

Total aU cities for week...

+10-4

1892.

+20-7
+5 3
4-8-5
+206
+25-1
+•130
+108
+130
+24 7

CLEARING HOUSE RETURNS.

1891.

P. Cent

61.399,182
13,8 >4,931
12.674.220
6,800.909
1.740.911
1.545,861
856,323
834.239
243,300

On page 639 will be found the detailed returns, by States, of
all the national banks, under the Comptroller’s call o f March Binghamton...................
1, 1892, kindly furnished us by the Comptroller of the Cur­ Total Middle............... 110,614,774
rency. Previous returns were published—those for December
86,664,266
2,1891. in the Chronicle of January 30, 1892, page 199 ;
15.072,500
5.646.235
those for September 25,1891, in the issue of November 14, 1891,
6.300,000
on page 708.
5.483.311

1892.

1891.

-8-7
95.766.9U
-7-2
4.996.700
+90
1,691.683
+170
1.272.270
+ 31
1,395.354
+21
1,410.470
-1 6 8
1,205.366
+6-8 • 680,229
415,622
+4-1
- 7 7 109,140,611

Boston............................
Providence....................
Hartford........................
New Haven...................

One tim e ..................................$ 3 50 I Three M onths (13 tim e s )..$25 00
One M onth
(4 tim e s).. 11 00 S ix Months
(26 “ ) . . 43 00
T w o M onths
(8 “
) . 18 00 |T w elve M onths (52 “
) . . 58 00
New Bedford................ .
L on d on A g e n t! t
Messrs. E d w a r d s & Sm it h , 1 Drapers* Gardens, E. C., w ill take subTotal New England.,.
oriptions and advertisem ents, and supply single copies o f the pap er at
^d
Philadelphia..................
( W I L L I A M B . D A N A & C o . , P u b l is h e r s ,
1 0 2 W i l l i a m S tr e e t. N S W Y O R K .
JOHN G. FLOTD.
|
POST OFFICE BOX 958.

Returns by Telegraph.

Week End'g April 2.

Week Ending April 9.
1892.

Total Pacific...............

Terms o f Advertising—(Per inch space).

CLEARINGS.

a

New York Stock Exchange has been more active, and the
dealings in grain at the Produce Exchange have been of much
greater volume.
Compared with the week of 1891 the exhibit is a favorable
one, the increase in the total for all the clearing houses being
14 -9 per cent, while outside of New York the excess reaches
6*8 per cent. The ratio of gain is heavy at Columbus, Omaha,
Des Moines, Lexington and Milwaukee.

+13-1
-10-7
—7-0
+40
+21-5
+33-1
+2-6
—14-8
-8 4 8

*fl5'8
+23-5
+17-1
+0-0

+ iî'î
—8-6

—
8’7
+10-6
+Ì0-7
—5*4

37,689,289

33,312,536

+13-1

35,079,095

+8*8

+60
21,723,516
11.293,095 -1 8 4
+ 06
0.904.206
—74
2.681.956
2.600.291 —16-9
-9-2
1,499,248
+0 2
2.214.372
638.953
+ 03
852.064 +13 8
921.684 —61 2
773.229 -3 2 0
—1-2
546,958
666,000 * - 8 8

20.653,731
9.302.637
7,158.279
2367,581
2.091,820
1,245.315
1300,000
709,670
1.000.000
398,997
560,613
449,224
411.000
1.220.306
1,363,848

+0-5
—19-3
—14*9
—3#
G
—170
—23‘4
-16-0
-21-0

Atlanta*......... ...............

23.036,088
9,218,000
6.946,765
2.483,484
2,159,539
1,361,205
2,217.991
941,451
965,103
450.000
525.482
5(0,126
516.400
1,418.482
1,400,753

Total Southern..........

61,360,«24

63,515,472

48,648,867

-10-4

Total all............. ........ 1,221,421,313 1,062,821,046 +14-9 1,151.988,973
Outside New York........ 457,169^904 427,913,156 ~ + 08 445,951,4*4
10.775.970
9.436,166 +14-2
9,771.855
Montreal*.......................
1,186,766
1,323,417 -10-3
899,829
Halifax*.........................
6,514,017
5,728,402
Toronto*.........................
*11,822)
758,054
* Not Imelma«« ln total«

+14*4

Houston.................

Chattanooga..................

-4 1

—64*9
—243
—22-1
-12-0

....

+3-Ö
+51-9
-s s r

....

616

THE

C H R O N IC L E .

You LIV.

4 to 4-£ for four-months* commission house names, and
4£ to 5£ for good single names having from four to six
months to run.
There are very few features of interest in the Euro*
The price of silver has fallen again
See pages 656, 657, 658, 659 and 660 for our State pean situation.
and City Department to-day. Among many other items of this week, but although the decline has been only
news we give the full detailed statements of the bonded fractional, it indicates an unsettled market in Lon­
debt, assets, valuation, etc., of the cities of Galveston, Tex., don, and it is reported that there has been
selling on New York account.
There is a better
and Richmond and Staunton, Ya.
All advertisements with relation to State and City Bonds feeling in the American department of the Stock Ex­
change, encouraged by the improvement in our market.
will likewise be found on the same and following pages.
Business on the Continental bourses has been light.
The Bank of England maintains its minimum rate o f
A n e w edition of the
discount at 2-| per cent. The cable reports discountsSTATE A1H» CITY S U ffE E W E U T,
of 60 to 90-day bank bilk in London 1 to
per cent.
revised to as near the day of publication as possible, will be At Paris the open market rate is 2, at Berlin 1^ and at
Frankfort 1|- per cent. The Bank of England lost
issued early in the month of May.
£751,000 bullion during the week. This, as we arc
advised by special cable to us, was due to the shipment
THE F IN A N C IA L SITUATION.
of £805,000 to the interior of Great Britain, the export,
- The week has been devoid of important events. As of £210,000 to Russia and the receipt of £264,000^
was remarked last week, though complaints regarding through imports or purchases in the open market.
the state of trade are still frequent, on the whole a The Bank of France gained £425,000 gold, and since:
more hopeful feeling prevails under the belief that the the last report the Bank of Germany shows a decrease
free silver issue has been disposed of and that no of about £135,000 of this metal.
Foreign exchange has been dull and easier this week,,
further action on the question at this session of Con­
gress is likely. The fact that the present effort failed in consequence of a better supply of arbitrage bills and aalsorencourages the hope that with the further enlight lighter demand. The Pennsylvania Railroad Company
enment of the legislative mind the day may come when ’ has sold about $11,000,000 4 i per cent bonds of the
a resolution such as Mr. Hoar is reported to have pre­ Pittsburg Cincinnati Chicago & St. Louis Railroad Com­
sented in the United States Senate this week, on behalf pany to Messrs. Speyer & Co., and other banking firms,
,©f the Boston Merchants* Association, praying for the and it is expected that these will be chiefly disposed of in
repeal of the Silver act of 1890, will be assured of Europe, in which case the market for sterling will b e
seridus consideration and stand some chance of success. affected. On Monday Brown Bros, reduced long sterling:
The folly of the policy of purchasing 54,000,000 ounces to 4 86£ and short to 4 88, while the Bank of British
o f silver a year, and the dangers and evils involved in North America lowered the sixty-day rate to 4 87. On
such a policy, ought to be clear to everyone by this Tuesday Baring, Magoun & Co. reduced long to 4 87"
time. As far as the ordinary trade influences are con­ and short to 4 88£, and no further change was made in
cerned, the fact that prices of many leading commodi­ the market thereafter. The tone was dull yesterday,
ties are very low is of course an unfavorable element with nominal rates 4 86-J- to 4 87 for sixty-day and 4 88
in the situation, necessitating as it does a complete re­ to 4 88£ for sight. Rates for actual business were 4 86£
adjustment of old relations and conditions— a process to 4 86^ for long, 4 87£ to 4 87f for short, 4 87f to
which while it goes on, inevitably unsettles things for 4 88 for cable transfers, 4 85£ to 4 85£ for prime and
the time being. Still that is a matter which will soon 4 85 to 4 85£ for documentary commercial. There
rectify itself, and, besides, it deserves to be noted that have been no exports of gold to Europe during th o
j .
Some recovery in prices has lately taken place in one or week.
Notwithstanding the season for our heaviest exports;
two instances, cotton especially having been firm and
has passed, the export movement Qf our leading staple®,
higher during the week.
The only new feature in the call loan branch of the continues large. The Bureau of Statistics at Wash­
money market this week is a little firmer tone in the ington has this week furnished the preliminary state­
rate at banks and trust companies, some of which have ments of the exports of breads tuffs, provisions, cotton
sought to obtain 2£ per cent, though others still main­ and petroleum for the month of March, and we sum­
tain 2 per cent as the minimum. As represented by marize the results below in our usual form. The value
bankers* balances, the range on call for the week has of the breadstuffs shipments for the month the presentbeen
to 2 per cent, the same as for a long time past. year is found to be over 23 million dollars, against
Renewals are at 2 per cent- There is an abundance of only about 12£ million dollars in the same month last
money offering on time, and where good Stock Ex­ year. While the wheat and flour exports were not a®
change collateral is to be had, lenders are seeking bor­ large as in the best of previous months, the total never­
rowers, and they offer contracts at 2 p er cent for 30 theless reached 15£ million bushels, against about 10^days, 2£ for 60 days, 3 for 90 days to four months, and million bushels in March 1891. The corn exports arc
3£ for five to six months.
But at the same time quite a feature now, the shipments for the month this
where only an ordinary grade of collateral is offered, year having been 11,335,867 bushels, against only
including the industrial stocks, borrowers are obliged 2,741,906 bushels last year. The value of these corn
to seek lenders, and as a rule pay about £ of 1 per cent shipments was $5,836,747, against only $1,762,900.
above these quoted figures. The demand for commer­ The rye exports also continue exceptional, 713,177
cial paper is excellent, and although the supply is in­ bushels, valued at $704,717, having been sent out in
creasing, good names are promptly taken, and paper March 1892, against not a bushel in the corresponding
Aoes not accumulate. Rates continue to be quoted at month last year. The following is our customaryper cent for 60 to 90-day endorsed bills receivable; statement. THE

S W I MW CITY EEf/W M iNT,




THE

A pril 16, 1892.]

C H R O N IC L E .

E XP OR TS OP BREA.D8TUFF8, PROVISIONS, COTTON A N D PE TR O LE U M .

Export»
from U. 8.
Quantities..
Wheat.bush.
Flour...bbls-

1891-92.
March.

9 Months.

8,270,185 124,795,527
1,699,780 11,172,902

1890-91.
March.

9 Months.

4,961,009 30,115,000
1,240,185 8,170,018

1889-90.
March.

9 Months.

4,842,732 41,914,197
1,151,287 8,986,246

Wheat, .bu. 15,475,195 175,073,850 10,541*841 72,880,087 10,023,524 82,352,304
Corn... bush. 11,335,867 56,412,705 2,741,900 23,078,623 13,773,879 69,218,657
Tot. bush.. 20,811,062 231,486,501 13,283,747 96,558,710 23,797,403 151,570,901
Values.
$
$
$
$
$
$
W h’t & flour. 16,258,200 186,170,738 10,489,104 70,767,900 9,278,196 76,910,617
Com & meal. 5,897,641 32,317,202 1,833,158 13,456,716 5,030,083 29,788,020
Rye..............
704,717 9,825,138
203,411
136,391
676,165
Oats & meal
71,802 3,307,236
641,000
21,075
678,510 2,589,717
Barley..........
140,522 1,539,598
283,893
34,133
55,043
661,858
Br’dstuffs.. 23,072,442 233,159,912 12,378,130 85,252,926 15,778,229 110,026,377
Provisions*. 15,198,757 119,293,364 15,003,556 126,948,839 12,896,025 117,321,389
Cotton. ..... 18,832,497 222,050,437 21,713,821 249,039,795 21,190,357 230,720,804
Petrol’m.&c. 3,153,929 33,069,525 3,400,130 39,883,640 2,895,651 38,331,062
Tot. value. 00,257,625 608,173,238 52,495,637 501,125,200 62,760,262 496,999,63
* Including cattle and hoes In all months and years.

As regards the loss here shown in the value of the
petroleum shipments and also the loss in the value of
the cotton exports, the latter reaching almost three
million dollars, it is to be said that the falling off in
both cases is due entirely to lower prices, since actually
we sent out more in quantity than in the month of last
year— that is to say, we exported 50,614,668 gallons of
petroleum, against only 46,673,463 gallons, and 449,816 bales of cotton against 443,523 bales. The loss in
petroleum and cotton values, however, was much
below the gain in breadstuffs values, and hence on the
total of the leading staples there is a gain over March,
1891, of about 7£ million dollars, this total being
$60,257,625, against $52,495,637.
According to the Agricultural Bureau at Washingion the condition of winter wheat is much below that
of a year ago. The général average for the country on
the 1st of April is reported at 81*2, which compares
with 96 9 on the 1st of April last year. In Ohio the
condition is reported at 71 against 98, in Michigan 83
against 93, in Indiana 78 against 99, in Illinois 82
against 97, in Missouri 72 against 96, and in Kansas 77
against 99. In Oregon the condition is given at 98
against 97, and in California at 99 for both years. It
thus appears that the falling off in condition is pretty
general among the leading producing States, but we
think it unwise to lay any great stress on that circum­
stance as indicative of future results. It is too early in
the season to make any definite predictions as to the
final outcome. A very decided improvement is pos­
sible between now and harvest time, and in point of
fâct some improvement, if current accounts are
to be believed, has already taken place since the first of
April. Moreover it should not be overlooked that
several of the State reports make the average for their
States materially higher than the National Bureau
makes it. Kansas is a notable instance, the State
Department giving the average as 85, while the Wash­
ington Department gives it as only 77. Furthermore
as bearing on the probability of an improvement, the
statement of the Agricultural Bureau that “ winter kill­
ing was exceptional or limited to flat and wet areas,” is
very important. Where a low average is the result of
winter killing, as frequently happens, there is of course
little chance of much recovery ; but in this case we are
distinctly informed that there has been little or no
winter killing, a circumstance which, as the Depart­
ment itself admits, renders material recuperation pos­
sible under favoring meterological conditions.
The Iron and Steel Association at Philadelphia,
through Mr. James M. Swank, furnishes a statement of
the stocks of unsold pig iron on hand the 1st of April.
It appears that there Were in the hands of makers or




617

their agents at the date mentioned 718,579 gross tons
of pig iron, and that in addition there were 41,020 tons
in the storage warrant yards, making an aggregate of
759,599 tons of unsold pig, which compares with an
aggregate of 627,233 gross tons the 1st of January, so
that there was an increase of 132,366 tons during
the three months. The Association also finds that the
number of furnaces in blast has decreased iron 313 on
the 1st of January to 279 on the first of April. The
latter fact, Mr. Swank says, would afford much encour­
agement were it not for the increase in stocks; the
two together, he says, plainly indicate that the con­
sumption of pig iron has greatly fallen off during that
period. If Mr. Swank means that consumption has fallen
off as compared with the corresponding period last year,
we hardly think the conclusion justified. It is not merely
the number of furnaces in blast, but their capacity,
that forms the most important element in the problem.
According to the figures prepared by the Iron Age
there was a great increase in the production of iron
between the 1st of January and the 1st of March, and
it is only since the latter date that there has been a
material reduction. The Age made the capacity of
the furnaces in blast January 1 188,082 tons per week
and the capacity March 1 193,902 tons, this latter being
the largest ever reported. For April 1 the capacity is
given as 185,462 tons, or 2,620 tons less per week than
at the beginning of the year. Even at 185,462 tons
per week, however, the production is about 72,000
tons per week larger than on the 1st of April of last
year, when on account of the Connellsville coke
strike the capacity got down to 113,483 tons. Such
figures lend little support to the idea of a falling off in
consumption. Moreover, as regards the increase in
stocks, the Iron Age is authority for the statement
that accumulations are usual at this period of the year.
The Union Pacific statement of gross and net earn­
ings for February was issued yesterday, and on the
whole makes a pretty satisfactory exhibit.
While
there is a loss on the Pacific lines— the Oregon Naviga­
tion and the Oregon Short Line— the Kansas and
Nebraska lines have made heavy gains, so that in the
aggregate there is an increase of $147,391 in gross
earnings and an increase of $123,374 in net. The
Missouri Pacific has also furnished its February return
this week. It shows a gain of $255,083 in gross earn­
ings and a gain of $43,969 in net. The Illinois Cen­
tral is another large company whose return has come
to hand; it has $161,853 gain in gross and $52,182
gain in net. The Louisville New Albany & Chicago
for February reports net of $66,331, against $14,797 ;
the Louisville New Orleans & Texas $87,890, against
$71,820 ; the' New York Ontario & Western $30,709,
against $24,234; the Philadelphia & Erie $105,425,
against $97,250; the Cleveland & Canton $15,706,
against $10,593, and the Mexican Central $169,107,
against $198,384. For March the San Francisco &
North Pacific reports net of $12,416, against $10,554;
the Jacksonville Tampa & Key West $65,108, against
$57,410, and the Nashville Chattanooga & St. Louis
$151,461, against $117,799.
The stock market has developed strength through
the week, and prices as a rule are higher than last
Friday. The anthracite coal stocks have been special
features in the upward movement, being aided by the
advance in coal freights to the Lakes.. The rise has
not been confined to these stocks, however, but has ex­
tended to the general list. There has undoubtedly
been considerable buying to cover short sales, and the

'B lÔ

TH E

C H R O N IC L E .

[VOL. LIV,

same time. If we go back ten years we find that the
number March 11 1882 was only 2,187. The increase
from this figure to 3,711, the present number, certain­
ly represents very noteworthy growth.
Another point to attract attention is the immense
magnitude of the operations of the system. Take the
total of the loans and discounts for instance. This is
now in excess of two thousand million dollars, the
amount for the first of March being reported $2,044,841,291; if we add overdrafts the amount is raised to
$2,058,925,166. On March 4 1887 the aggregate was
only 1,515 million dollars and on March 11 1882 it
was but 1,182 millions. In other Avords, during the
last five years the aggregate has risen over 543 million
dollars and during the last ten years it has risen 876
million dollars. The amount of the deposits falls
Net Interior
Received by Shipped by
Week Badino Aprü 15, 1892.
below that of the loans and yet reaches the enormous
Movement
N.T. Banks. N. T. Banks.
March 4 1887 the
$2,787,000 $2,412,000 Gain. $325,000 aggregate of 1,720 million dollars.
400,000 Loss. 200,000 deposits were 1,225 million dollars, so that this item
200,000
Gold ...I.......................................
Total gold and legal tenders.... $2,937,000 $2,812,000 Gain. ..$125,000 also has risen nearly 500 million dollars in the five
years. In the preceding five years, however, the increase
Result with Sub-Treasury operations.
was much smaller, the aggregate for March 11 1882
Net Change in
Out of
Into
Week Ending April 15, 1892.
having been 1,036 millions, so that while for the ten
Bank Holdings.
. Banks.
Banks.
Banks'interior movement, as above $2,937,000 $2,812,000 Gain. $125,000 years the growth is greater than for the five years it is
14,900,000 13,600,000 Gain. 1,300,000 not so much greater as might be expected—in short the
Total gold and legal tenders — $17,837,000 $18,412,000 Gain $1,425,000 increase is 684 millions for the one period and 495 mil­
The following table indicates the amount of bullion lions for the other. But if in the case of the loans and
in the principal European banks this week, and at the the deposits we are dealing with large aggregates, the
corresponding date last year.
totals representing all the resources of the banks reach
still more imposing proportions, since in addition to
Aprü 16, 1891.
AprU 14, 1892.
Batik of
the amounts due on loans and discounts the assets in
Total.
SUver.
Gold.
Total.
SUver.
Gold.
the way of cash, securities, etc., are very heavy. In
£
£
£
£
£
£
21,308,577 fact, besides the loans there are other items to amount
24,336,804 21,308,577
Nngland........ 24,336,804
France.......... 57,133,742 50,767,943 107,901,685 49.077.000 49.756.000 98.833.000
Germany*... 86,202,750 11.734,250 46.937.000 29.102.000 14.551.000 43.653.000 of nearly 1,400 million dollars, so that the final aggre­
Anst.-Hun’y. 6.478.000 16.738,000 22.216.000 6.427.000 16.585.000 22.012.000 gate of all items for March 1 1892 was as much as
Netherlands.. 8.180.000 6,823,000 10,003,000 4.102.000 5,611,000 9.713.000
Nat. B’lglum * 2,901,333 1,450,667 4,352,000 3,024,667 1,512,333 4.537.000 3,436 million dollars—in exact figures, $3,436,672,358.
Tot.thisweek 128,232,629 87,513,800 215,746,489 112,041,214 88,015,333 200,056,577
The gratifying feature in this growth and extension
Tot. prev.w’k 128,640.454 87.660,141 216,300.595 111,889,859 87,742,000 199,631,859
of the system— a feature too upon which we have
* The division (between g old and sliver) giv en In ou r table o f coin and
before laid stress—is that the growth has occurred
bullion in the Bank o f G erm any and the Bank o f B elgium Is m ade from
the best estimate w e are able to obtain; in neither ease is It olaim ed to chiefly in those sections where new banks and addi­
be accurate, as those banks m ake n o distinction In their weekly returns, tional banking facilities were most needed— that is in
merely reporting the total gold and silver, bu t w e b e liev e th e division
the West and South. A few comparisons will suffice
we m ake Is a close approxim ation.
N o tb .—We r e ce iv e th e fo re g o in g re su ltsw e e k ly b y o a b le, and w h ile not to make this clear.
We will take for purposes of illus­
a ll o f the date giv en at the head o f the colum n, th ey are the r e tu rr s
tration a period not so very far back— say February 14
iisu e d nearest to that date—that is, the latest reported figures.
1888, only four years ago. In the interval since then,
the number of banks has increased from 3,077 to 3,711.
GROWTH AN D M AGN ITU DE OF THE
To show how the increase is distributed among the
N A TIO N A L B A N K IN G SYSTEM.
leading geographical sections of the country we fur­
Elsewhere in this issue we present a full-page abstract nish the subjoined brief recapitulation. In grouping
(in our usual form) of the pational bank returns of the the States under the various sections, we have followed
United States under the call of the first of March, as the same classification as that adopted in our detailed
kindly furnished us by Mr. E. S. Lacey, the Comp­ statement given on a succeeding page, only combining
troller of the Currency. The statement reveals some some of the sections in order to bring out more sharply
interesting features. The first point to attract atten­ the points of contrast. Any one desiring to see j ust
tion is the continued multiplication in the number of what States are grouped under each head can refer to
the hanks. This is a feature to which we have fre­ that statement on page 638.
/------ —----- No. o f B a nk»--------------- >
quently alluded, but it becomes more noteworthy as
In c
Mch. 1 '32. Feb. 1 4 '8 8 .
95
1,279
each new return is received and shows that the number New England and M id d le.............. ....... 1,374
226
440
666
Southern and Southern M iddle....... .........
is still being added to. The net additions latterly have W estern and W estern M idd le......... ......... 1,389
190
1,199
123
159
not been so large as previously, and yet there has been P acific and other W estern.............. ......... 282
634
3,077
steady and uninterrupted growth, and the March re­
T otal.............................................. ......... 3,711
Thus while in the New England and Middle States
turn embraces more banks than were ever before in­
cluded in any statement, the number having risen to there has been an increase of only 95 banks in these
above thirty-seven hundred— 3,711. It is not so long four years, in the Southern and Southern Middle there
since the number first reached three thousand— that is, has been an increase of 226 banks, in the Western and
i t is only about 4£ years, the statement of August 1 Western Middle an increase of 190 banks and in the
J.887 having covered 3,014 banks.
In this interval Pacific and other Western an increase of 123 banks.
therefore nearly 700 banks have been added over and The growth in the remoter sections is especially striking
above those that have gone out of existence during the when considered in relation to the number of banks in

great ease in money is also favorable to operations for a
rise. Still, the market has been by no means active,
and the general public is not taking part in the specu­
lation to any extent. The announcement that the
■ Big F our” had given notice of its intention to with­
“
draw from the Central Traffic Association did not have
any effect on the market. Yesterday being Good Fri­
day the Exchange was closed.
The Central Trust
Company has reported the amount of deposits of Rich­
mond Terminal securities under the reorganization
plan, but deposits will continue to be received until 3
o’clock next Tuesday.
The following statement, made up from return s col­
lected by us, shows the week’s receipts and shipments
of currency and gold by the New York banks.




A pril 16, 18«2.j

THE

C H R O N IC L E

existence at the earlier date, for while in the South the
increase has been from 440 to 666 banks, or oyer 50 per
cent, in the West from 1,199 to 1,389, or 16 per cent,
and in the Pacific States from 159 to 282, or about 80
per cent, in the New England and Middle States the
increase has been only from 1,279 to 1,374, or less than
8 per cent.
Comparing the capital of the hanks the same
characteristics are revealed. Here is a statement show­
ing the changes in that particular in the different sec­
tions.
,------------- National B ank Capital -------------.

Mch. 11 892. Feb. 11 1888 .
$

$

Increase.
$

NewE ngland

and M iddle......... 336,668,220 329,737,505
6,930,715
Southern and Southern M iddle. 101,683,745
72,857,779 28,825,966
W estern and W estern M id d le ... 202,264,145 160,488,980 41,775,165
P acific and other W e s te r n ...... 39,354,000
19,110,000 20,244,000
T o t a l ......................................6 7 9 ,9 7 0 ,1 1 0

582,194,264

97,775,846

Out of an increase roughly of 98 million dollars in
the four years, less than 7 millions has been in the
Eastern section, while in the Western States the in­
crease has been not-far from 42 million dollars, in the
Southern States almost 29 million dollars and in the
Pacific States over 20 million dollars. In the East the
increase has been only from 329 to 336 million dollars,
but in the South the increase has been from 72 to 101
millions, in the West from 160 to 202 millions and in
the Pacific States from 19 to 39 millions.
We may refer to one other item— the deposits. Sub­
joined is a comparison on the same basis of division as
the foregoing.
------------------ Aggregate Deposits --------------------- ,

Mch. 11 892.
$
New England and M iddle
948,373,192
Southern and South. Middle. 179,505,161
W estern and West. M iddle.. 484,039,884
P acific and other W estern..
90,447,716

Feb 14 1888.
Increase.
$
$
731,945,409 216,427,783
132,883,810
46,621.351
326,124,170 157,915.714
61,004,455
29,443,261

T o ta l.................................. 1,702,365,953 1,251,957,844

450,408,109

This shows, perhaps, the most striking result of all.
Considering that the Eastern section embraces such
important financial, centres as New York, Boston and
Philadelphia, and that business at these centres grows
not alone with the expansion of industrial activity in
the East, but also with that in other parts of the
country, a very heavy increase in the deposits of the
banks in this section is natural, and was to be expected.
The fact of chief interest is that outside of the New
England'and Middle States the increase in deposits
of the national banks has been larger than the increase
within those States. That is. to say, with an increase
of 450 million dollars for the whole country the
Eastern section has 216 millions increase and the rest
of the country 234 millions.
Of this latter, the
Western States furnish roughly 158 millions, the
Southern 47 millions and the Pacific 29 mil­
lions. In the Eastern section the total is up
from 732 millions to 948 millions, in the Western
from 326 to 484 millions, in the Southern from 132 to
179 millions and in the Pacific section from 61 to 90
millions. The growth of the national banks in some of
these sections, in number, capital and deposits alike, is
the more noteworthy since in many cases there has
been a coincident growth in the banks organized under
State laws. In an article on the “ Growth of State
Banks ” in our State and City Supplement last
October, we developed that point at length and showed
that in most of the Western States, and notably in Illi­
nois, Wisconsin, Michigan, Minnesota and Iowa, there
had been a very decided increase in recent years in the
number and operations of the State banks. And there
has been a further general increase sincejthea.




«19
LOGAL FINANCES.

The Census Office has issued the first of a series o f
bulletins prepared by Mr. J. K. Upton, the special
agent in charge of the division of wealth, debt and tax­
ation, that will, when completed, be of great interest
and value. The bulletin referred to, No. 162, exhibits
in general and in detail the finances of the State of
Maine. Since it is to be followed, of course, by similar
statements regarding each of the other States, it may be
examined not only with reference to the particular
facts and statistics it contains, but as a model and ex­
ample of the series of which it is the beginning.
We are to have then detailed statements of the
assessed valuation, divided between real and personal
estate, of all cities and towns ; the amount of taxation
levied in 1890 by authority of the State, the counties
and the minor local governments down to the “ plan­
tation/" which is the name given in Maine to a sparsely
settled township having an organization more rude and
primitive than that of the town; the debts restingupon each corporation, municipal, county and State,
together with the purpose for which created in the
case of all except the towns under 2,500 inhabitants,
and the expenditures of each fully classified. There
are also statements showing the rate of interest
on the debt and the time of its maturity. In short,
there seems to be lacking nothing that is necessary for
the statistical study of the finances of the State. An
investor would wish for fuller information before pur­
chasing the securities of the corporations reported upon,
but such information would hardly be expected in a
Government publication. The State of Maine lends
itself readily to the system adopted for several reasons»
In the first place, both real and personal estate areentered for purposes of taxation, and with the excep­
tion of that which cannot be found by assessors it ie
supposed to be returned at its full value. Again, the
local system is simple, in that township limits are in all
eases the same as those of cities and towns. Further­
more, the valuation is made directly by the authority of
the State once in ten years, and thus there is a uniform
system. Were this not the case the valuation figures
might be swelled by the local pride of town assessors, or
diminished by the anxiety of communities to escape the
State taxation. There is no doubt a good reason why
the statistics of Maine appear first— the reason that the
facts can be obtained with comparative ease and pre­
sented with remarkable simplicity.
Turning now to the returns for this one State we
find that the valuation of Maine in 1890 was $309,129,101. The total amount raised by taxation, not in­
cluding licenses, assessments, &c., was $4,922,858*
The total of all ordinary expenditures was $6,133,830.
The aggregate debt of the State and its county and
minor divisions was $15,600,777.
The population
of the State was 661,086. It appears then that th e
average valuation was $467 to each inhabitant, and the
taxes paid were $7 45 per caput, being at the rate o f
1*6 cent on each dollar of assessed valuation. The debt,
amounted to $23 60 for each person. If all the facte
could be obtained the showing would no doubt be more
favorable ; for it is beyond question that a large sum
is always out of the reach of assessors when a valuation
is taken for purposes of taxation. The law exempts a
certain amount of property for each family, for one
thing, and the Bulletin takes note that none of the
deposits in savings banks, which amounted in 1890 te
$44,136,113, are included in thè valuation. Take fu r-

620

THE

C H R O N IC LE .

[VOL. LTV,

ther into account that Government bonds and green­ tive to the summer yachtsman, but inhospitable toward
backs are not taxable, and it will be seen that the the plow and the hoe, in which the coast of Maine
actual value of property in the State is understated, and abounds. Nevertheless, the fisherman-farmer manages
therefore that the average rate of taxation is overstated. to make a living and to pay his taxes, and to lead a not
But even as the case stands it will be seen that the altogether joyless life. Existence may be hard, but it
burden of taxation upon the people of Maine is com­ is not one of grinding poverty. He would be the last
to admit that he was to be pitied.
paratively not heavy.
It appears further that the financial condition of the R AILR O A D GROSS E AR N IN G S I N MARCH
State exhibits a steady improvement. The population
While our March statement of gross earnings does
is nearly stationary. The total increase in ten years
not show such very heavy improvement as the state­
was but 12,000. In the ten years since 1880 the State
ment for the previous month, the exhibit is yet a very
debt proper (bonded and floating, less sinking funds,)
good one and the increase over last year large. In
was reduced from $5,511,871 to $3,470,908. The
February there was a gain of $4,626,468, or 13*43 per
■county debts were $451,809 in the aggregate in 1880
cent, which compared with a gain of only $993,796, or
and $434,346 in 1890. The gross municipal indebted­
2*57 per cent, in January. For March now the increase
ness was $17,192,266 in 1880 and but $11,695,523 in
is $3,504,806, or 8*54 per cent. The month reveals
1890. Moreover, the total levy by all authorities was
only $4,922,858 in 1890 against $5,182,135 in 1880, many of the same characteristics as the months preced­
ing, the Northwestern section of the country presenting
although the valuation increased meanwhile from $235,$78,716 to $309,129,101. Another fact of great inter­ strikingly good returns and the Southern section on
est is that two-fifths of the tax levied by the State, that the whole rather poor returns, though with some note­
is to say one mill on the dollar of valuation each year, worthy exceptions in the latter case. We would par­
ticularly call attention to the large aggregate of mile­
is returned by the State to the cities and towns for the
age covered by our statement, it embracing for the
support of public schools; and that the total amount
present year over ninety-nine thousand miles of road.
actually expended for such schools during the Census
Speaking generally, the leading conditions were not
year, derived from State and municipal taxation, was
quite so favorable as during February. There was an
$1,114,902, or more than one-sixth of the total expendi­
extra working day as compared with last year, arising
ture for all the purposes of government, as given above.
out of the fact that March 1892 had only four Sundays,
It will be evident from the few general facts we have
whereas March 1891 contained five. The grain move­
given in the above that the Bulletin from which they
ment of course was very much heavier in the aggregate
are taken must contain a great deal of statistical mat­
than for 1891, but there was more or less irregularity in
ter. We have not the space for an extended tabular
the movement, and in some sections the receipts actu­
analysis, but cannot close without considering briefly
the situation of the average resident in rural districts ally fell below those of a year ago. There was also a
considerable falling off in the receipts of live hogs and
as indicated in this report. The city man, and the
provisions at Chicago. In the South the gross ship­
man of wealth everywhere, may feel the burden of tax­
ments of cotton overland were in excess of those of last
ation ; but the one gets much more for his taxes than
year, but on the other hand the receipts at the South­
the dweller in the country, and the other may grum­
ern ports did not equal the total for 1891, while on the
ble at the amount of his tax bill, but he only loses a
Atlantic coast there was a marked and very general
part of his income which he can spare without suffer­
falling off. As far as general trade has been an influ­
ing. How is it with the farmer ? Let us take a town
ence in affecting earnings, there can be no doubt that
as an example and see how he fares. The town of
in the South considerable depression prevailed. As for
Edgecomb, in Lincoln County, lies not far from the
other sections, it would appear equally certain that the
historic Pemaquid— the point on the coast which was
heavy grain movement must have proved a great
occupied by the British a century and a half ago, and
stimulus to business activity in the Northwest.
which was captured by a raiding party of French anc.
We have stated that the gain for the month reaches
Indians, sent out from Quebec about that time. It is a
$3,504,806, or 8*54 per cent. Last year the gain was
town of 749 inhabitants— farmers, fishermen and own­
more moderate, being $1,400,746, or 4*21 percent, but
ers of small coasting schooners. It has two or three
the month has shown improved results in every year back
small villages. The total valuation of Edgecomb is
to 1888. For the period from January 1 to March 31
$185,170— a loss of $4,000 in ten years— of which
the gain for 1892 is $9,764,100, or 8*32 per cent, so
$147,152 is real estate and $38,018 personal property.
that the ratio of improvement for the quarter is only a
It has a town debt of $1,080; its debt in
little less than the ratio of increase for March. The
1880 was $7,000. Its total tax levy in 1890 was $3,400,
following furnishes a comparison of the aggregates for a
or about $18 37 on eaoh $1,000 of valuation. The State
series of years—-both for March and the quarter.______
took $428, of which $189 was the tax for the support
Earnings.
Increase
Mileage.
o f public schools, all of which was re-distributed to the
or
Tear
Tear
Tear
Tear
Decrease.'
towns; county taxes were $262, representing the cost
Preceding
Preceding. Given.
Given.
o f administering justice ; all town expenses, which we
Miles.
<
8
Miles.
t
March.
17,955,075 17,747,728 Inc. 207,347
15,971
may safely assume were chiefly very bad repairs of very 1886 ( 63 roads)....... 17,069
28,781,619 21,597,219 Inc. 4,181,370
68,861
61,901
1887 (111 roads).......
bad roads, took $1,710, and the rest, $1,000, was the 1888 (107 roads)....... 63,631
25,183,107 26,108,853 Dec. 925,716
60,521
28,814,317 26,352,166 Inc. 2,492,151
68,265
71,812
amount raised by the town for its own schools. It 1889 (121 roads)....... 81,961
83,326,136 30,555,282 Inc. 2,771,154
79,953
1890 (151 roads).......
31,611,504 33,243,758 Inc. 1,400,710
85,151
seems, then, that aside from the school expenses all 1891 (110 roads)....... 87,817
11,515,382 41,010,576 Inc. 3,504,800
96,599
99,261
the government which this town of 750 inhabitants 1892 (150 roads).......
Jan. 1 to March 31.
needs cost it $2,211, or less than $3 each. The scarcity 1886 ( 63 roads)....... 17,069
18,212,005 47,902,841 Inc. 309,164
15,971
76,995,251 66,147,316 Inc. 10,847,935
68,726
61,763
o f money in such a place certainly makes this seemingly 1887 (110 roads)........ 63,631
72,503,654 69,921,054 Inc. 2,582,600
60,521
1888 (107 roads).......
68,011
82,101,724 76,908,160 Inc. 6,196,564
small tax a real burden, particularly to those whose tax­ 1889 (123 roads)....... 71*058
79,735
96,731,755 86,758,975 Inc. 9,976,780
81,661
1890 (151
able property consists of a homestead— a plain house 1891 (110 roads)....... 87,817
85,151 101,010,682 98,765,617 Inc. 5,245,035
roads).......
96.059 127,185,945 117,121,845 Inc 9,764,10
and some acres of that rugged and sterile land attrac­ 1802 (117 roads)....... 98,724




A pril 16, 1892, J

THE

Among the individual systems the Chicago Mil­
waukee & St. Paul has for March the largest amount
of gain of any road in our tables. The gain is really
of very striking amount, reaching over six hundred
thousand dollars— $609,148. Only second to the St.
Paul is the Great Northern system— also in the North­
west— with a gain of $562,099. The list of large gains
for the month is quite an extensive one, but these two
roads far excel all others, the third in order for amount
of increase being the Missouri Pacific, which, including
the Iron Mountain, has a gain of $226,190.
A
Southern road, the Louisville. & Nashville, stands
fourth, with $203,186 increase.
Then comes the
New York Central with $193,311 increase (taking
the same basis of mileage in both years); after
this come the" Rock Island with $183,524; the
Grand Trunk (including the Chicago & Grand
Trunk anil the Detroit Grand Haven & Milwaukee)
with $138,222; the Nashville Chattanooga & St. Louis
with $112,503, the Western & Atlantic being inoluded
this year but not last; the Wabash with $111,366; the
Northern Pacific with $93,902; the Denver & Rio
Grande with $93,500; the Illinois Central with $80,044;
the Mexican Central with $80,139; the Atchison (in­
cluding the San Francisco) with $78,520; the Big Four
with $75,044, and various others with smaller amounts.
Annexed is a full list of all gains above $30,000 in
amount and also all losses above that figure. The
latter are limited to the Mexican Railway with $72,466 decrease, the East Tennessee with $51,344 de­
crease, and the Richmond & Danville system with
$48,090 decrease.
PRINCIPAL CHANGES IN G R O SS EARNINGS FOR M A R C H .

In crea ses.

IT n crea ses.
Dui. South Shore & A tl.
Chic. St. P. & E . C ity ..
Louis. N. A. & C h ic .....
St. Paul & D uluth....... .
N orfolk & W estern........
F lint < Pere M arquette
fe
Balt. & Ohio Southwest
W isconsin Central.........

$46,400
45,168
42,555
39,363
37,126
30,190
30,148
30,095

Chic. Mil. & St. P aul.. . . $609,148
G reat North’ll (3 roads) * 562,099
Mo. Pac. and Iron M t..
226,190
L ouisville & N ashville..
203,186
N. Y . C. & H. R. (2 r’ds).
193,311
Chic. R. I. & P a c ific .. . .
183,524
tG r.Trun kof Can.(3rds)
138,222
Nash. Chatt. & St. L .. . . *112,503
W abash.............................
111,366
N orthern P aciflo............
93,902
T otal (representing
D en ver < R io G ran de..
fe
93,500
35 road s)................ $3,326,196
Illinois Central......... .
80,444
D ecreases.
M exican Central.............
80,139 tM exican R a ilw a y ......
$72,316
A tch . and San F. (4 rds)
78,520 East Tenn. Va. & G a ...
51,344
C. C. C. < St. L. (2 rd s).
fe
75,044 Rich. <&Danv. (8 r d s )..
48,090
Canadian P acific...........
62,961
Minn. St. P. & S. S. M ..
62,125
T otal
(representing
Burl. Cedar Rap. & No,
58,967
10 r o a d s ).................. $171,750
* In this earnings fo r the present year include the W estern & Atlan­
tic, while those fo r last year do not.
t Four weeks,
J F ive w eeks.

The gains, it will be observed, are found chiefly
among the grain-carrying roads in various parts of the
country, and certainly with many of these roads the
grain movement was an influence of controlling im­
portance. In the Northwest particularly was this the
case— more especially the spring-wheat sections of the
Northwest. Take Duluth for example: for the five
weeks ending April 2 the present year the deliveries of
wheat at that point were 4,145,232 bushels against
only 989,587 bushels in the corresponding five weeks of
last year—that is, this year's movement was over four
times that of last year, the increase being more than
three million bushels. A t Minneapolis also there was a
heavy increase, the receipts this year having been
6,882,410 bushels against only 4,623,640 bushels last
year. Besides this, Chicago had receipts of 2,168,887
bushels for the five weeks, against 1,123,743 bushels,
and Milwaukee receipts of 1,157,316 bushels against
677,712 bushels.
It is rather notable that while the Northwestern points
all show greatly enlarged totals, none of the other
points show any considerable increase, but on the con
trary decreases, some of them. Thus at both Toledo




621

C H R O N IC LE .

and Detroit the receipts were but slightly above those'
for last year, while St. Louis has a total of only 937,031 bushels against 1,178,184 bushels, Cleveland 153,822 bushels against 239,229 bushels, and Peoria 99,500
bushels against 103,500 bushels. The following is
our usual statement giving the grain movement in
detail.
RECEIPTS OF FLOUR AND GRAIN FOR FIT* WEEKS ENDED APRIL 2 AND
SINCE JANUARY 1.
JTottr,
(bbls.)
Chicago—
617,968
5 wks. Mar., 1892.
874,663
6 wks. Mar.. 1891.
Since Jan. 1,1892 1,626,169
Since Jan. 1,1891 1,048,098
MUwaukee—
268,581
5 wks. Mar., 1892.
267,642
6 wks. Mar., 1891.
780,095
Since Jan. 1,1892
810.803
Since Jan. 1,1891
St. Louis—
165,538
5 wks. Mar., 1892.
146,656
6 wks. Mar., 1891.
403,162
Since Jan. 1,1892
325,880
Sinoe Jan. 1,1891
Toledo—
10,500
5 wks. Mar., 1892.
4,456
5 wks. Mar., 1891.
22,605
Since Jan. 1,1892
10,984
Since Jan. 1,1891
Detroit—
17,113
6 wks. Mar., 1892.
17,751
5 wks. Mar., 1891.
41,512
Since Jan. 1,1892
40,845
Since Jan. 1,1891
Cleveland—
30,050
5 wks. Mar., 1892.
6 wks. Mar., 1891.
35,018
76.837
Since Jan. 1,1892
117,801
Since Jan. 1,1891
Peoria—
17,850
5 wks. Mar., 1892.
6 wks. Mar., 1891.
17,100
63,325
Since Jan. 1,1892
43,200
Since Jan. 1,1891
Duluth—

Minneapolis—
5 wks. Mar., 1892.
5 wks. Mar., 1891.
Sinoe Jan. 1,1892
Since Jan. 1,1891

Wheat,
(bush.)

Com,
(bush.)

Oate,
(bush.)

Barley,
(bush.)

Bye,
(buen.)

2,168,887 7,513,509 6,613,893 1,673,108
1,128,743 4,795,965 4,994,028
959,370
6,271.866 15,408,523 14,890,052 4,482,425
2,381,875 11,014,960 11,832,354 3,199,212

298,21»
261,614
855,106
653,63»

1,157,310
677,712
2,750,032
1,415.129

183.360
412.000 604,850
83,140
399.000 433,950
469,990 1.258.000 2,342,575
228.360 1.005.000 1,521,880

85,95*
188,50»
233,79«
400,99«

937,031 3,989,670
881,570 220,500
1,178,181 2,523,336
797,805
158,150
3,203,381 16,399,215 2,807.435 1,081,200
2,106,980 6,068,415 2,098,490
550,400

68,947
48,304
130,305
71,954

202.800
234,190
727,900
367,121

1,422,700
437,320
2,793,300
869,653

21,600
17,291
69,800
85,611

8,700
4,100
17,000
8,800

481,533
467,972
1,037,429
792,975

113,025
126,148
325,064
314,863

154,991
149,753
418,082
344,132

107,009
62,631
309,688
184,759

153,822
239,229
887,719
660,043

62,738
71,485
166,328
362,984

215,118
203,234
517,628
689,739

40,495
46,505
133,941
149,084

85«
1,984
10,314«
4,144

99,500
103.500
242,600
266.500

1,059,200
775,000
1,113,700 1.230.000
4,635,100 2.900.000
3,221,500 2.882.000

104,400
87,600
606.600
336,000

29,70»
25,30»
77,55»
57,30»

4,145,232
989,587
6,874,217
1,859,118

785

16,20»
6.91»
59,40»
12,29»

••
••

6,682,410
4,623,640
10,732,110
11,514,525

Total of all—
5 wks. Mar., 1892. 1,127,600 16,291,531 14,344,197
5 wks. Mar., 1891.
803,286 9,637,757 9,151,093
Since Jan. 1,1892 3,003,705 37,227,154 40,198,120
Since Jan. 1,1891 2,403,611 21,360,706 21,080,735

8,074,072
7,790,671
22,302,997
18,878,111

2,879,062 499,87s
1,752,300
532,63ft
8,973,429 1,300,47*
5,950,135 l,200,2l!,

In addition to the increase in the wheat movement—
amounting at the nine points combined to about 6£
million bushels— it will he seen there was an increase
of over 5 million bushels in the receipts of corn and
also some increase in both oats and barley. Taking
wheat, corn, oats, barley and rye together, the receipts for
the five weeks this year were 42,088,737 bushels, against
only 28,864,457 bushels in the corresponding period
of last year, being an increase of about 13|- million
bushels— equal roughly say to 300,000 tons of freight.
But in this augmentation all the points have not par­
ticipated. We have already alluded to the exceptions
in the case of wheat. The same irregularity is observ­
able in the case of corn and oats. The gain in corn is
found almost entirely at Chicago, St. Louis and Toledo;
Detroit, Cleveland and Peoria all exhibit diminished
receipts. Peoria at the same time suffered a diminution
of nearly half a million bushels in the receipts of oats,
and that point on the whole fared rather badly, its re­
ceipts of all kinds of grain for the five weeks this year
being only 2,127,800 bushels, against 2,560,100 bushels
last year. The loss at this point at a time when the
aggregate grain movement was so Tery much heavier
than a year ago is an important circumstance to he re­
membered in considering the earnings of the roads in
that part of the country.
Chicago has gained on every one of the cereals, and
that makes it desirable to see the movement at that point
by itself. In the following we show the grain receipts
at Chicago for the even month in the last three years,
and also the comparative figures for the first quarter of
the year. The same table likewise gives the compara­
tive receipts of hogs and provisions.

THE

622

C H R O N IC L E

RECEIPTS AT CHICAGO D U RIN G MARCH AND SINCE JA N U A R Y 1 .

March.
1892.
Wheat.bush.
Com...bush.
Oats.. bush.
R ye., .bush.
Barley.bush.

1,981,913
6,763,539
6,057,675
268,943
1,559,610

Total grain 15,634,680
Flour.. bbls.
572,078
Fork. ...bbls.
417
Cutm’ts.lbs. 10,327,938
Lard......lbs.
8,996,502
Live hogs No
632,594

1891.

Since January 1.
1890.

1892.

1890.

1891.

951,079
518,837 5,256,632 2,300,709 1,606,192
4,321,596 10,016,478 15,100,141 10,755,979 21,626,355
4,541,443 3,083,571 14,214,019 11,582,668 10,607,311
580,947
242,969
647,608
877,028
153,888
879,942 1,036,289 4,394,442 3,187,585 3,671,535
10,937,029 14,809,063 39,842.262 28,474,529 38,092,340
320,246
339,830 1,611,907 1,011,713 1,119,577
14,684
4.942
484
4,691
5,545
20,574,250 28,403,878 50,717,299 75,588,123 78,717,315
8,123,341 10,241,283 23,455,956 26,462,922 33,404,755
, 861,902
534,086 2,285,496 2,864,035 1,905,720

The total of the grain receipts at Chicago was thus
about 4,700,000 bushels larger than for the same month
last year and also about 825,000 bushels larger than
for the year before. As regards the corn receipts it is
worth pointing out that though considerably larger
than last year they were much below those of 1890, the
total then having been over 10 million bushels, against
6 f million bushels the present year. In provisions and
live hogs there was this year a pretty general falling off
from last year, the cutmeats receipts being only 10
million pounds against 20 millions, the receipts of lard
less than 4 million pounds against over 8 millions, and
the receipts of hogs 632,594. head against 861,902.
As regards the cotton movement in the South, we
have already stated that there was an increase in the
shipments overland, but a falling off in the aggregate
of receipts at the Southern ports.
The shipments
overland were 149,550 bales against 114,875 bales, and
the receipts at the ports 342,748 bales against 385,280
bales, being in the one case a gain of 34,675 bales and
in the other a loss of 42,532 bales. Some of the
Southern ports, however, show a gain notwithstand­
ing the loss in the aggregate of all the ports. This
applies particularly to the Gulf ports, Galveston and
New Orleans. The Atlantic ports nearly all show
diminished totals. The statement in detail is presented
herewith.
RECEIPTS

OF

COTTON

AT

SOUTHERN

PORTS

IN

M ARCH,

AND

FROM

March.
1892.

Galveston....... . .bales.
El Paso, &c...................
New Orleans...................
Mobile.............................
Florida............................
Savannah........................
Brunswick, &c.............
Charleston.......................
. Port Royal, &c.............
Wilmington....................
Washington, & c..........
Norfolk............................
West Point, &c............

1891.

46,781
39,336
1,461
1,171
156,374 153,435
7,687 15,738
479
415
48,763 65,318
8,764
9,391
14,937 36,542
60
4,977
7,186
78
14
28,769
31,461
23,328 25,278

Since January 1.
1890.
22,416
1,729
72,767
6,979
1,982
20,572
5,434
8,830
31
2,353
2
13,116
16,081

1892.

1891.

233,199
12,778
748,678
54,337
4,247
160,420
41,132
64,501
236
18,933
708
102,148
95,874

179,908 141,462
13,068
16,782
612,287 462,471
78,433 47,026
2,844 11,542
249,329 155,538
40,708 50,212
122,322
36,385
168
435
37,920
18,729
1,279
1,013
171,551 87,945
155,178 101,126

1890.

ol.

m V.

year are based on a much larger mileage. We annex a
six-year comparison for some of the more prominent
Southern roads.
EARNINGS OF SOUTHERN GROUP.
March.

1891.
1890.
1889.
1888.
1887.
*
9
9
9
9
9
Chesapeake & Ohio
681,540 665,660
571,624 489,007 425,593 402,169
Ches.Ohio& S’tbw.
182.161
173,344
154,320
160,681
160,628
162,202
Cln. N.O.& Tex. P.*
698,419 658,373 635,367
674,124
575,941
626,120
E. Tenn.Va. & Ga..
596,802
648,146 +583,960 +509,960 +444,667 +414,382
Louisville & Nash. 1,755,225 1,552,039 1,518,177 1,476,378 1,281,202 1,327,519
Louisv. N.O.& Tex.
277,913
288,260
197,883
230,512 . 182,458 167,058
Memphis & Char..
129,600
123,876
135,231
143,448
124,616 127,816
Mobile & Ohio......
287,431
294,158
245,396
257,052
203,588 189,466
Norfolk & W est!..
729,299 692,173
649,297
668,211 540,142
460,874
Rich. &Danv. syst. 1,071,980 1,120,070 1,060,895
979,059 828,095
778,313
South Carolina__
134,000 153,842
142,756
126,390
119,562
114,068
Total............... 6,514,351 6,413,711 5.917,812 6,510,065 4,866,492 4,660,171
* Entire system. + Not including Mobile & Birmingham and Lonisv. South’n
t Includes Scioto Valley & New Eng. and Shenandoah Valley for all the year«.
1892.

Quite in contrast with the exhibit of Southern roads
is that of Northwestern roads. There the wheat move­
ment, we have seen, was of extraordinary dimensions,
and all the roads reflect the presence of that influence.
While the St. Paul and the Great Northern are especi­
ally distinguished for their very heavy gains— the one
having added $609,148 to its last year’s total and the
other $562,099— the list of gains is extensive and em­
braces all but the Iowa Central and three minor
roads, which report decreases.
The Rock Island
has $183,524 increase, the “ Soo” Road $62,125,
the Burliogton Cedar Rapids & Northern $58,967, the
Duluth South Shore & Atlantic $46,400, the St. Paul
& Kansas City $45,168, tiieSt. Paul & Duluth $39,363,
the Wisconsin Central $30,095, &c. The Burlington
& Quincy, the Northwest and the Omaha do not fur­
nish early preliminary returns, and the Milwaukee Lake
Shore & Western has discontinued making returns al­
together. On the ten roads in the following, earnings
have jumped from $5,698,428 in 1891 to $7,235,293 in
1892.
EARNINGS OF NORTHWESTERN tlNES.
March. ■

JA N U A R Y 1 TO APRIL 1 , 1 8 9 2 , 1 8 9 1 A N D 1 8 9 0 .

Ports.

[Y

Burl. Ced. R. & No.
Chic. Mil. & St.Paul
Chic. R. I. & P ac..
Chic. St. P. & K. C.
Iowa Central.........
Milwaukee & Nor..
Minn. & St. Louis..
St. Paul & Duluth.
St. P. Minn. & Man.
Wis. Central lines.

1892.

1891.

1890.

* 1889.

1888.

1887.

«
*
9
9
1
«
364,538 305,571
370,864
228,259 209,597 286,875
2,741,041 2,131,893 2,077,754 2,019,897 1,930,889 2,212,687
1,403,388 1,219,864 1,5(8,624 1,442,709 1,630,343 «1,342,156
410,276
237,919 185,337
365,108 402,683
112,347
145,993
152,684
138,821 117,180
124,312 133,345
136,002 131,695
133,744
07,396
85,201
85,474
163,560 139,137 130,114
109,536 100,161
162,071
147,834
83,144
189,763
108,471
112,718
92,£81
1,285,990
737,429
673,591
642,552
736,729 679,803
436,671
406,576
396,983
332,447
294,458 342,790

Total............... 7,235,293 5,698,428 5,845,296 5,311,039 5.289,611 5,447,311
* Not Including the lines west of Missouri River.

The Northern Pacific also must have derived great
benefits from the large grain movement, at least at the
T o ta l..................
342,748 385,280 172,291 1,537,191 1,664,985 1,130,666 eastern end of the system.
The road reports a gain of
$93,902, which is in addition to the gain of $30,095 on
It is in the Southern section that most of the de­
The Canadian
creases in earnings are found. We do not know which the Wisconsin Central already noted.
of the eight roads in the Richmond & Danville system Pacific has a gain of $62,961.
EARNINGS OF PACIFIC ROADS.
have losses, but outside of these there are 19 roads that
fall behind, while there are only 10 that run ahead of
March.
1892.
1891.
1890.
1889.
1887
1888.
their totals of last year. In all the other sections com­
$
$
$
9
9
9
Pacific.. 1,573,000 1,510,039 1,238,960 1,210,731
785,843
bined there are 23 roads which have suffered a loss, so Canadian Pacific... 1,871,848 1,777,946 1,676,581 1,626,991 1,043,018 1,030,679
Northern
1,207,176
that altogether there are 42 roads with losses aside Rio Grande West.. 181,000 174,800 120,330 106,537 105,004 84,546
Total................ 3,625,848 3,462,785 3,0S0,871 2,944,262 2,855,198 1,902,068
from the Richmond & Danville lines. Among the roads
Showing losses in the South in addition to the Danville
In the Southwest the returns are very good, though
are the East Tennessee, the Memphis & Charleston, the not so uniformly so as in the Northwest. The roads
Erlanger system, the Louisville New Orleans & Texas, distinguished for heaviest amounts of improvement are
the South Carolina and the Mobile & Ohio. On the the Missouri Pacific $226,190, the Atchison $78,520,
other hand there are also a few Southern roads which the Denver & Rio Grande $93,500 and the St. Joseph
have large gains. Thus the Louisville & Nashville has & Grand Island $25,256. There are 16 roads altogether
an increase of $203,186 and the Nashville Chattanooga & in that section that report increases and 4 that report
St. Louis an increase of $112,503, though it is proper decreases, these latter being minor lines with the ex­
to state that in both cases the earnings for the present ception of the Missouri Kansas & Texas.




THE

April 16, 1892.1

C H R O N IC L E

623
Gross Earnings.

EARNINGS OP SOUTHWESTERN GROUP.
Name o f Road.
March.

1892.

1890.

1891.

1889.

1888.

Í
Atch.T.AS.F* 2,580,478
Den. A Rio Gr681,500
K.C.Ft.S.A M.
423,150
Mo. Kan. A T. +631,399
St. L. Southw.
345,757
564,030
St. L. A San F.
512,815
Texas & Pac.

$
2,499,094
668,000
403,320
+651,655
338,418
528,966
505,454

$
2,625,142
606,584
421,455
+638,981
236,334
488,828
504,457

t
1,954,872
679,608
388,740
512,613
241,167
435,349
500,332

»
1,910,094
611,846
342,227
485,719
202,121
446,435
521,169

5,699,129

5,492,907

5.551,781

4,612,681

4,449.611

Total..........

t
603,376
414,697
697,176
182,869
554,407
522,565

* Whole Atchison system except St. Louis & San Francisco.
+ Kansas City & Pacific included in these years.

In the Middle and Middle Western States out of 62
roads that have contributed returns to our statement
only 11 have decreases and 51 increases. The decreases
are unimportant as a rule. The Wabash has $111,366
gain, the Grand Trunk system $138,222 gain, the
Illinois Central $80,444, the New York Central
{including the Rome Road) $193,311, the Cleveland
Cincinnati Chicago & St. Louis $75,044 and the Louis­
ville New Albany & Chicago $42,555.
TRUNK LINES AND MIDDLE AND MIDDLE WESTERN ROADS.
March.

1892.

1891.

Balt.AO. Southw.
Buff. Roch. A Pitt.
Chicago A Fast. HI.
Chic. A West. Mich.
Cl. Cin.Chic. A St. L
Col. Hock. V.ATol.
Det. Lansing A No.
Byansv.A Terre H.
Flint A P. Marq....
Grand Rap. A Ind.*
Gr. Trunk of Can.t
Lou. Evans. A St.L.
Louis. N.A. A Chic.
N. Y.Cent.AH.R.IT
Ohio A Mississippi.
Pittsburg A West.
St.L.A. AT.H.br’s..
Tol. A Ohio Cent..
Wabash................
West. N. Y. A Pa..

*
215,870
224,730
324,973
165,528
1,115,478
232,775
97,586
103,317
305,174
235,364
1,909,927
126,507
254,058
3,577,284
352,372
186,47!
117,810
104,447
1,131,705
271,000

»
185,722
218,396
327,295
136,791
1,056,609
224.683
93,800
94,221
274,984
262,062
1,802,308
114,942
211,603
3,383,973
348,427
168,716
109,097
115,339
1,023,339
275,016

Total........ .

1890.

1889.

1888.

1887.

t
t
I
$
200,115
162,332
165,534
183,905
166,580
151,072
162,316
160,683
207,367
205,971
263,765
197,888
116,116
133,411 126,155
133,658
1,037,316 1,084,203 +909,937 +983,979
174,185
182,335
212,744
227,607
97,434
77,392
106,331
106,214
79,516
64,053
68,690
72,250
208,474
294,270 236,565
236,973
289,181
212,898
255,086
255,769
1,882,923 1,806,270 1,599,078 1,868,697
98,216
72,221
94,531
92,343
178,269
162,699 204,214
196,689
3,287,198 3,128,934 3,101,270 3,173,931
292,920
309,563
354,708
390,697
175,688
182,947
126,378
169,583
68,985
85,316
74,487
76,562
100,235
78,135
79,658
78,837
1,056,348 922,095 933,404 1,240,429
233,314
284,777
227,983 217,319

11,105,466 10,427,222 10,269,794 .9,585,392 9,009,391 10,071,543

* All lines.
t Five weeks.
* For these years we have added together
d e v . Col. Cin. & Ind., Cin. Ind. St. Louis A Chic, aud Cairo Vincennes & Chic.
T Home Watertown & Ogdens burg Included for all the years.
GROSS EA R N IN G S A N D M ILE A G E IN M ARCH.
Gross Earnings.
Name o f Road.
1892.

1891.

$
$
A tch . T op. & S. F e ... 2,427,836 2,348,685
R ’ds j ’ntly ow n ’d ,1
«.
132,642
150,409
St. L. & San F ran...
564,030
528,966
129,985
R ’ds j ’ tly ow n’n ,1
«.
147,914
Atlanta" & Florida . . .
6,275
8,818
S alt. & Ohio Southw.
215,870
185,722
Birm ’ham & A tlantic
3,244
4,539
Buff. Roch. & P itts...
224,730
218,396
Burl. Ced. Rap.& N o.
364,538
305,571
Canadian P a c ific ...... 1,573.000 1,510,039
Char. Cin. & Chic___
13,000
13,361
Chari. Sumter & N o.
13,535
9,225
Chesapeake & O h io..
681,540
665,660
Ches. O. & S ou th w ...
182,161
173,344
Chic. & East. Illinois.
324,973
327,295
Chic. Milw. & St. P ... 2,741,041 2,131,893
Chic. Peo. & St. Louis
109,468
83,144
Chic. R. Isl. & P a o ... 1,403,388 1,219,864
Chic. St. P. & Kan. C.
410,276
365,108
Chic. & W est M ich ...
165,528
136,791
Cin.Georg. & P o r ts ...
5,007
4,867
55,995
Cin. Jack. & M ack.....
65,698
Cin. N. Orl.& T ex. P . .
342,103
347,302
Ala. Gt. Southern...
141,997
154,837
98,104
N.Orl. & Northeast.
92,300
Ala. & V ick sb u rg ...
48,972
52,774
Vicks.Shrev. & Pac..
42,948
51,206
Cin. N orth w estern ...
1,357
1,218
Cinn. Ports. & V ir ...
18,701
15,968
Col. & M ay sy ille ...
1,255
1,122
Clev. A kron & C ol___
81,513
72,518
Clev. Cin.Ch. & S t.L .. 1,115,478 1,056,609
P eoria & East. D iv.
145,539
129,364
Cleveland & Marietta
27,099
32,711
C olorado M idland___
158,218
163,524
•Col. H ock. Val. & Tol.
232,775
224,682
•Col.Shawnee& H o ck ..
49,634
33,609
Colusa & L ake............
1,613
1,839
Current R iv e r ............
13,651
11,555
D env. & R io G ran de..
661,500
568,000
D es MoinesNo.&West
33,349
27,001
Det. B ay City & A l p ..
32,822
37,274
Det. Lansing & N o r ..
97,586
93,800
Dul. So. Shore & A tl..
169,596
123,196
D uluth & W innipeg..
14,106
8,420
E. Tenn. Va. & G a___
596,802
648,146
E lgin Joliet & E ast..
73,739
58,209
Evans. & In d ia n a p ...
30,023
29,088




M ileage.

Increase or
1892.
Decrease.
+79,151
— 17,767
+ 35,0 64
—17,929
—2,543
+ 30,1 48
—1,295
+ 6 ,3 3 4
+ 58,9 67
+62,961
—361
+ 4,31 0
+ 15,8 80
+ 8,81 7
—2,322
+ 609 ,148
+ 24,3 24
+ 183 ,524
+ 45,1 68
+28,737
+ 140
-9 ,7 0 3
—5,199
—12,840
+ 5,804
—3,802
—8,258
+139
+ 2,73 3
+133
+ 8,99 5
+ 58,8 69
+ 16,175
-5 ,6 1 2
—5,306
+ 8,09 3
+ Í6 .0 2 5
—276
+ 2 ,0 9 6
+ 93,5 00
+ 6,34 8
—4,452
+ 3,78 6
+ 46 ,4 0 0
+ 5,68 6
-5 1 ,3 4 4
+ 15,5 30
*f935

1892.

1887.

1891.

6,540 6,527
587
587
1,328 1,329
536
536
105
105
281
281
22
22
304
304
1,083 1,046
5,731 5,568
175
175
139
79
970
931
398
398
436
436
5,721 5,719
316
316
3,461 3,354
922
922
489
511
42
42
345
345
336
336
295
295
196
196
143
143
170
170
8
8
106
106
19
19
194
194
1,587 1,632
351
351
105
105
350
350
325
327
155
155
22
22
82
82
1,637 1,637
157
157
232
232
323
323
589
589
85
81
1,611 1,611
164
164
153
153

Evansv. & T. H a u te ..
Flint & P ere M arq___
Fort W orth & R io G..
Ga. South. & F lorida.
Gr.Rapids & Indiana.
Cin. Rich. & Ft. W ..
Other lin es...............
fGr. Trunk o f Canada
tChic. & Gr. Trunk..
tDet. Gr. H av. & Mil
Gt. No.—S. P. M. & M.
E astern o f M inn. . .
Montana C entral..
Gulf & C hicago..........
Humeston & Shen ...
Hutchinson ASouth’n
Illinois Central . . . . . .
Ind. D ec. & Western.
Internat’l & Gt. N o ..
fow a Central..............
Iron R ailw ay..............
Jack. Tàm. & K. W ..
Kanawha & M ich ___
Kan. C. Clin. & S p r . . .
Kan. C. Ft. S.& M em ..
Kan. C. Mem. & B ir..
Keokuk & W estern ...
Lake Erie A ll. & S o. . .
Lake Erie & W estern.
Lehigh & Hud. River.
Little R ock & M em ..
Long Islan d................
Louisv. Evans. & St.L
Louisv. & N ashville..
Louis. N. Alb.& C h ic..
Lou. N. Cfrl. & T exas.
Louisv. St. L. & T ex .
Memph. & Char’ ston.
M exican Central.......
M exican National___
{M exican R a ilw a y ...
Milw. & N orth ern .. ..
Mineral R an ge..........
Minn. & St. L ou is—
Minn. St.P.& S.SteM .
Mo. Kans. A T ex.sy s..
Mo. Pac. & Iron M t..
Mobile & Ohio............
Mont. & Mex. G u lf...
Nash. Chatt. & St. L...
N. Orleans & South’ n
N. Y. Cen. & Hud. Riv.
R om e Wat. & Ogd.
N. Y. & N orthern.......
N. Y. Ont. & W e s t....
N orfolk A W estern ...
Northern P a c ific .....
Wise. Cent, lin e s ...
Ohio & M ississippi...
Ohio R iv er..................
Ohio Southern...........
Peo. Dec. & E v a n s v ..
Pitts. M arion & Chic.
Pictsb. Shen. & L. E .
Pittsb. & W estern___
Prescott & Ariz. Cent.
Quin. Omaha & K. C ..
Rich.& Danv(8 roads)
R io Grande South’n.
Rio Grande Western.
Sag. Tuscola & Huron
St. Jos. & Gr. Islan d..
St. L. A lt. & T. H. Brs.
St. Louis Southwes’n.
St. Paul & D uluth___
S'andéi-BV. & Tennille.
San Fran. & No. P a c..
Sav. Amer. & M on t..
S ioux City & N orth ..
South Carolina...........
Stàtèn Isl’d Rap. T r ..
Tennessee M idland..
T exas & P acific..........
Tex. Sab.V.A N orth..
T61. A. A rb.& N . Mich
Tol. Col. & Cinn.........
Tol. & Ohio C en tra l..
Tol. Peo. & W est.......
Toi. St. L. & K. City .
T oledo & So. Haven..
W abash........................
West. N. Y. & P eh n ..
W. Va. Cent. & P itts.
Wheel. & Lake E rie..
W rightsv. & Tennille.
T otal

(1 5 0

roads). .

$
1 0 3 ,3 1 7
3 0 5 ,1 7 4
2 4 ,9 7 3
6 5 ,7 5 9
2 2 1 ,6 4 0
4 2 ,5 2 7
2 1 ,1 9 8
1 ,9 0 9 ,9 2 7
4 1 3 ,0 1 4
1 1 4 ,2 9 3
1 ,2 8 5 ,9 9 0
7 1 ,2 8 5
8 7 ,3 5 5
3 ,0 9 8
1 2 ,5 0 0
4 ,5 2 3
1 ,5 0 5 ,7 7 4
3 6 ,9 2 3
2 8 4 ,9 8 6
1 4 5 ,9 9 3
2 ,6 2 0
1 1 1 ,8 3 2
2 6 ,9 9 2
2 7 ,8 5 2
4 2 3 ,1 5 0
8 8 ,9 0 4
3 5 ,0 5 0
7 ,3 2 6
2 7 2 ,5 6 4
2 8 ,5 4 8
5 2 ,9 7 2
2 4 9 ,1 4 6
1 2 6 ,5 9 7
1 ,7 5 5 ,2 2 5
2 5 4 ,0 5 8
2 7 7 ,9 1 3
5 0 ,9 4 8
1 2 3 ,8 7 6
6 2 5 ,9 2 3
3 3 6 ,8 5 0
2 6 3 ,1 1 9
1 3 6 ,0 0 2

12,000
1 6 3 ,5 6 0
2 3 2 ,0 5 1
6 3 1 .3 9 9
2 ,1 6 9 ,2 4 2
2 8 7 ,4 3 1
7 4 ,5 2 7
4 1 9 ,4 9 8
9 ,9 5 2
3 ,2 7 3 ,4 1 7
3 0 3 ,8 6 7
3 5 ,8 4 5
2 4 4 ,3 8 7
7 2 9 ,2 9 9
1 ,8 7 1 ,8 4 8
4 3 6 ,6 7 1
3 5 2 ,3 7 2
4 8 ,9 0 0
5 6 ,7 4 8
7 1 ,7 2 8
3 ,9 4 4
3 3 ,2 5 7
1 8 6 ,4 7 1
8 ,1 7 6
2 2 ,0 9 2
1 ,0 7 1 ,9 3 0
4 1 ,3 5 5
1 8 1 ,0 0 0
7 ,9 5 5
8 9 ,7 4 9
1 1 7 ,8 1 0
3 4 5 ,7 5 7
1 4 7 ,8 3 4
587
6 0 ,5 3 2
3 5 ,4 8 6
3 4 ,0 0 0
1 3 4 ,0 0 0
6 0 ,2 0 0
1 1 ,8 1 7
5 1 2 ,8 1 5
3 ,7 2 5
9 6 ,1 4 7
2 5 ,7 9 5
1 0 4 ,4 4 7
8 1 ,8 8 9
1 7 2 ,3 6 1
2 ,3 4 3
1 ,1 3 4 ,7 0 5
2 7 1 ,0 0 0
9 3 ,3 3 1
1 0 5 ,6 1 7
6 ,2 0 5

1891.

Mileage.

Increase or
Decrease.

$
9 4 ,2 2 1
2 7 4 ,9 8 4
1 6 ,8 1 6
5 7 ,3 6 9
2 0 0 ,7 4 6
4 1 ,7 9 1
1 9 ,5 2 6
1 ,8 0 2 ,3 0 8
3 8 8 ,0 9 4
1 0 8 ,6 1 0
7 3 7 ,4 2 9
5 2 ,8 0 9
9 2 ,2 9 4
3 ,0 9 9
1 3 ,9 5 7
3 ,9 3 5
1 ,4 2 5 ,3 3 0
3 6 ,5 1 0
2 7 3 ,9 0 5
1 5 2 ,6 8 4
3 ,8 0 3
1 0 3 ,0 6 7
2 6 ,3 4 3
2 7 ,6 7 8
4 0 3 ,3 2 0
9 4 ,7 8 3
3 3 ,0 2 5
6 ,3 6 0
2 5 1 ,4 4 5
3 1 ,8 2 6
4 9 ,3 3 6
2 3 9 ,7 5 6
1 1 4 ,9 4 2
1 ,5 5 2 ,0 3 9
2 1 1 ,5 0 3
2 8 6 ,2 6 0
3 7 ,1 1 7
1 2 9 ,6 0 0
5 4 5 ,7 8 4
3 6 0 ,6 2 3
3 3 5 ,4 3 5
1 3 1 ,6 9 5
1 0 ,2 9 6
1 3 9 ,1 3 7
1 6 9 ,9 2 6
6 5 1 ,6 5 5
1 ,9 4 3 ,0 5 2
2 9 4 ,1 5 8
7 2 ,6 3 7
3 0 6 ,9 9 5
1 1 ,6 1 1
3 ,0 6 1 ,4 3 9
3 2 2 ,5 3 4
3 5 ,2 4 1
2 2 8 ,6 4 5
6 9 2 ,1 7 3
1 ,7 7 7 ,9 4 6
4 0 6 ,5 7 6
3 4 > ,4 2 7
4 8 ,2 1 0
5 2 ,6 7 7
7 2 ,4 7 2
3 ,8 0 8
2 1 ,6 3 8
1 6 8 ,7 1 6
9 ,8 5 4
2 0 ,3 6 9
1 ,1 2 0 ,0 7 0
1 2 ,1 8 4
1 7 4 ,8 0 0
7 ,6 6 2
6 4 .4 9 3
1 0 9 .0 9 7
3 3 6 ,4 1 8
1 0 8 ,4 7 1
735
5 4 ,1 0 3
3 8 ,6 1 3
3 7 ,2 6 3
1 5 3 ,8 4 2
5 7 ,7 7 2
1 5 ,5 9 3
5 0 5 .4 5 4
3 ,6 3 8
9 5 ,7 9 6
2 8 ,8 2 7
1 1 5 ,3 3 9
7 1 .2 8 7
1 4 8 ,7 0 4
2 ,2 6 7
1 ,0 2 3 ,3 3 9
2 7 5 ,0 1 6
8 8 ,4 9 3
9 7 ,3 7 2
7 ,8 9 8

$
+ 9 ,0 9 6
+ 3 0 ,1 9 0
+ 8 ,1 5 7
+ 8 ,3 9 0
+ 2 0 ,8 9 4
+736
+ 1 ,0 7 2
+ 1 0 7 ,6 1 9
+ 2 4 ,9 2 0
+ 5 ,6 8 3
+ 5 4 8 ,5 6 1
+ 1 8 ,4 7 6
— 4 ,9 3 9
—1
-1 ,4 5 7
+588
+ 8 0 ,4 4 4
+413
+ 1 1 ,0 8 1
— 6 ,6 9 1
— 1 ,1 8 3
+ 8 ,7 6 5
+649
+ 174
+ 1 9 ,8 3 0
— 5 ,3 7 9
+ 2 ,0 2 5
+966
+ 2 1 ,1 1 9
— 3 ,2 7 8
+ 3 ,6 3 6
+ 9 ,3 9 0
+ 1 1 ,6 5 5
+ 2 0 3 ,1 3 6
+ 4 2 ,5 5 5
— 8 ,3 4 7
+ 1 3 ,8 3 t
— 5 ,7 2 4
+ 8 0 ,1 3 9
— 2 3 ,7 7 3
— 7 2 ,3 1 6
+ 4 ,3 0 7
+ 1 ,7 0 4
+ 2 4 ,4 2 3
+ 6 2 .1 2 5
— 2 0 ,2 5 6
+ 2 2 6 ,1 9 0
— 6 ,7 2 7
+ 1 ,8 9 0
+ 1 1 2 ,5 0 3
— 1 ,6 5 9
+ 2 1 1 ,9 7 8
— 1 8 ,6 6 7
+604
+ 1 5 ,7 4 2
+ 3 7 ,1 2 6
+ 9 3 ,9 0 2
+ 3 0 ,0 9 5
+ 3 .9 4 5
+690
+ 4 ,0 7 1
— 744
+ 136
+ 1 1 ,5 6 9
+ 1 7 ,7 5 5
— 1 ,6 7 8
+ 1 ,7 2 3
-4 8 ,0 9 0
+ 2 9 ,1 7 1
+ 6 ,2 0 0
+293
+ 2 5 ,2 5 6

+ 8 ,7 1 3
+ 9 ,3 3 9
+ 3 9 ,3 6 3
— 148
+ 6 ,4 2 9
— 3 .1 2 7
— 3 ,2 6 3
— 1 9 ,8 4 2
+ 2 .4 2 8
— 3 ,7 7 6
+ 7 ,3 6 1
+351
— 3 ,0 3 2
— 1 0 ,8 9 2
+ 1 0 ,6 0 2
- t -2 3 ,6 5 7
+76
+ 1 1 1 ,3 6 6
— 4 ,0 1 6
+ 4 ,8 3 8
+ 8 ,2 4 5
— 1 ,6 9 3

1892.

1891.

161
627
144
285
428
86
62
3 ,5 0 5
335
189
3 ,3 5 0
72
260
62
95
82
2 ,3 8 4
152
825
497
20
200
142
163
671
275
148
61
722
90
135
361
373
2 ,8 6 6
537
800
166
330
1 ,8 0 3
1 ,2 1 8
321
362
17
363
805
1 ,6 7 7
5 ,2 7 8
687
390
810
65
1 ,4 6 7
629
61
423
1 ,3 4 1
4 ,3 3 2
867
623
209
140
254
25
154
352
134
3 ,1 5 4
172
512
67
445
242

161
627
113
289
424
86
62
3 ,4 8 7
335
189
3 ,0 2 4
72
192
62
95
82
2 ,8 7 5
152
825
497
20
200
142
163
671
275
148
61
722
90
135
361
373
2 ,2 4 8
537
800
166
330
1 ,5 2 7
1 ,2 1 8
293
362
17
363
805
1 ,8 3 0
5 ,2 4 6
687
296
652
65
1 ,4 6 5
629
61
425
1 ,0 7 7
4 ,1 9 2
867
623
209
140
254
25
83
367
73
134
3 ,1 1 3
50
405
67
445
242

1,222

1,222

250
3
160
190
96

247
3
160
190
96
313
23
135
1 ,4 9 7
38
286
72
235
247
451
37
1 ,9 2 4
640
152
255
35

73

333
23
135
1 ,4 9 7
38
286
72
235
247
451
37
1 ,9 2 1
640
152
255
95

4 4 .5 4 5 ,3 8 2 4 1 ,0 4 0 ,5 7 6 + 3 ,5 0 4 ,8 0 6 9 9 ,2 6 4 9 6 ,5 9 9

i For five weeks ending A pril 2,
t F or fou r weeks ending M arch 26.
GROSS EARNING S FROM JA N U A R Y 1 TO M A RC H 31.
Name o f Road.
Atch. Top. & San. F e . . .
R oads j ’ntly ow n ’d, Lj.
St.Louis & San F r a n ..
R oads i ’n tly ow n’ d ,1 .
«
Balt. & Ohio Southwest.
Birmingham & Atlantic.
Buif. R och. & Pittsburg.
Burl. Ced. Rap. & Nor...
Canadian P acific............
Charleston Cin. & Chic..
Char. Sumter & North’n
Chesapeake & O h io.......
Chicago & East. I l l .......
Chic. Milw. & St. P a u l..
Chic. P eoria & St. Louis
Ciro. R ock Isl. & P a c ...
Chic. St. P .& Kan. City.
Chic. & W est M ichigan.

1892.
$
7,404,958
398,133
1,542,325
390,473
628,235
9,303
692,020
1,032,846
4,638,471
39,720
43,620
2,090,416
930,046
7,466,060
311,985
4,017,371
I,130;577
426,200

1891.
6,812,136
377,935
1,489,279
369,959
541,102
14,403
590,173
823,156
4,213,754
40,473
30,605
1,943,397
902,524
5,957,081
241,064
3,340,223
917;056
368,082

Increase.

D ecrea se

592,822
20.198
53.046
20,514
87,133
5,100
101,847
209,690
424,717
753
13,015
147,019
27,522
1,508,979
70,921
677,148
213,521
53,118

THE

621
Name o f Road.

1892.

1891.

Increase.

CH R O N IC LE.
Decrease.
$

Cin. G èorg. & P o rts.......
Cin. Jackson & M a ck ...
Cin. N.O. & T exas P ac..
A la. Great Southern..
N .O . & N ortheastern..
A labam a & V icksburg.
Vioksb. Shrev. & P a c ..
Cinn. N orth w estern ___
Cinn. P orts. & Virginia.
Columbus & M aysville
Cleve. A kron & C ol.......
Clev. Cin. Chic. & St. L . .
P eoria & E astern.........
Cleve. & M arietta..........
Colorado M idland...........
Col. H ock. Val. & Toledo
Col. Shawnee & H o c k ...
Colusa & Lake.................
Current R iver.................
D en v. & R io G r a n d e ....
D es M oines Nor. & West
I)et. B ay City & A lpen a.
L e t. Lansing & North’ n.
Dui. So. Shore & A t l...
D uluth & W innipeg.......
E astT en n . Va. & Ga . . .
E lgin Joliet & E ast.......
E vansv. & Indianapolis.
E vansv. & T erre H aute.
F lint & P ere M arquette.
F ort W orth & R io G r ...
Ga. Southern & F l a ....
Gr. R apids & In d ia n a ...
Cin.Rich.& Ft.W ayne.
Other lin e s ..............
fG r. Trunk o f Canada..
tChio. & Gr. T ru n k...,
tDet. Gr. H. & M ilw ...
Great Nor. St. P. M.& M
Eastern o f M ...............
M ontana C entral.........
G u lf & C hicago...............
H um eston & Shenand’h
H utch. & S ou th ern .......
Illinois Central.............. .
Indianap. Dec. & W est..
Int. & Great N orth ern ..
Io w a Central...................
Iro n R ailw ay...................
Jacksonv. Tam. & K. W,
Kanawha & M ich ig an ..
Kan. City Clin. & S p r...
Kansas C. Ft. S.& M em ..
Kan. City Mem. & B ir..
K eokuk & W estern.......
L. Erie A lliance & S o ...
Lake Erie & W estern...
Lehigh & H udson R iver
L ittle R ook & Memphis.
L on g Island....................
L ouisv. Evansv. & St. L,
L ouisville & N ashville..
Louisv. N. Alb. & C h ic..
L ouisv. N. Ori. & Texas.
Louisville St. L. & Texas
M emphis & Charleston..
M exican Central............
M exican N ational..........
M exican R ailw ay.........
Milwaukee & N orthern.
M ineral R ange................
M inneapolis & St. Louis
Minn. 8t. P. & 8. Ste. M.
M issouri K. & T ex. sys..
Misso. Pac. & Iron M t..
M obile & O hio.................
M onterey & M ex. G u lf..
Naahv. Chat. & 8t. Louis
N . Orleans & Southern..
N . Y . C en t.* Hud. R i v ..
R om e Water. & O g d ..
N ew Y ork & N orthern.
N .Y . Ontario & W est’n.
N orfolk & W estern.......
N orthern P acific...........
W iscon. Central Lines.
Ohio & M ississippi.........
Ohio R iv e r..............., . . . r
Ohio S o u th e rn ....... ........
P eoria Dec. & E v a n sv..
Pittsb. Marion & C hic..
Pittsb. Shen. & L. Erie..
P ittsburg & W estern . . .
P rescott & A riz. C e n t...
Quincy Omaha & K . C ..
R ich. & Dan. Sys. (8 r’ ds)
R io Grande S o u th e rn ..
R io Grande W estern—
Sag. T uscola & H u ron ..
St. Jos. & Grand Island.
St. L. A lt. & T.H . B r’chs
St. Louis Southwestern.
St. Paul & D u lu th ..........
Sandersv. & T ennille....
San Fran. & No. Paciflo.
Savan. Amer. & M on t..
S ioux City & Northern.
South Carolina................
Staten Island Rap. Tran
Teiiueusee M idland.......
T exas & P acific..............
T ex. Sabine V al. & N .W .
T ol.A nn Arbor &N.Mich
T oledo Columb. « c C in ..
S
T oledo < Ohio C entral..
&
TòledO Peoria & W est’n .
T01. St. L. & Kan. C ity ..
W abash...................... .
W estern N. Y. & P en n ..
W èstV a . Cent. & Pittsb.
W heeling < Lake E r ie ..
&
W rightsville & Tennille

Ì

14,161
160,706
1,030,502
456,236
308,503
163,735
153,829
4,426
49,766
3,042
216,693
3,203,839
430,138
76,515
480,663
702,740
155.431
4,588
36,446
2,089,835
97,260
91,512
273.433
440,489
35,451
1,807,493
203,647
85,930
288,714
803,558
69,010
190,910
581,593
113,806
54,628
4,622,944
1,000,529
282,963
2,953,544
191,273
270,961
9,098
40,300
18,002
4,580,769
118,584
868,301
470,211
7,305
289,250
77.400
77,374
1,265,230
291,673
102,365
19,833
820,262
87,427
169,872
713.222
280,564
5,121,465
685,107
994,681
162,745
385,772
1,846,295
981,376
784,561
375,531
32.400
452,277
654,000
1,879,149
6,381,127
873,835
239,461
1,252,083
34,382
9,546,002
858,557
111.589
663,497
2,200,253
4,877,164
1,186,387
1,044,470
140,173
174.145
213,619
10,352
85,397
524,950
23,140
71,696
3,160,880
124,279
526,637
22,220
273,816
351,452
1,052,400
400,014
1,552
158,187
107,686
102,089
399,075
172,459
40,419
1.605.222
11,670
250,261
72,499
325,264
253,582
492,879
3,350,715
787,053
256,359
300,887
17,508

1,091
13.070
26,592
187,298
2,051
1,032,553
6,465
462,701
22,822
285,681
1,156
162,579
8,272
162,101
479
4,905
3,652
46,114
389
2,653
8,597
208,096
83,738
3,120,101
63,168
366,970
7,825
84,340
6,327
474,336
90,591
612,149
56,514
98,917
972
5,560
1,536
37,982
313,992
1,775,843
22,826
74,434
35,034
126,546
9,940
263,493
78,836
361,653
16,249
19,202
247,963
2,055,456
49,475
154,172
6 ,8 -8
79,042
14,863
273.851
36,463
767,095
18,714
50,296
10,381
180,529
46,943
534,650
7,011
106,795
2,850
51,778
168,982
4,453,962
37,970
962,559
15,696
267,267
1,926,627 1,026,917
57,208
134,065
607
271,568
128
9,226
364
39,936
2,732
15,270
230,947
4,349,822
8,627
109,957
22,162
846,139
44,127
426,084
2,429
9,734
16,198
273,052
7,471
69,929
1,507
78,881
120,557
1,144,673
ÏL 3 4 2
303,015
9,087
93,278
3,063
16,770
89,984
730,278
3,853
91,280
12,496
182,368
23,374
689,848
60,369
340,933
449,130
4,672,335
96.751
588.356
21,991
972,690
53,150
109,595
37,370
423,142
178,612
1,667,683
6 3 .Ì 2 Ì
1,044,497
215,854
1.000.
415
1,204
376,735
3.972
28,428
91,061
361,216
197,889
456,111
94,159
1,973,308
613,083
5,768,044
*30,5*0*3
904.338
18,721
220,740
294,852
957,231
7,505
41,887
743,715
8,802,287
*¿2,35*1
920,908
9,950
101,639
23,023
640,474
186.943
2,013,310
322,902
5.000.
066
81,589
1,104,798
61,865
982,60S
5,616
134,557
25,385
143,760
6,540
2 ‘ >7,079
261
10,613
23.889
61,508
56,929
468,021
49
23,189
9,177
62,519
238*,68*0
3,399,560
87,544
36,735
469
526,168
1.363
20,857
106Ì673
167,143
11,651
339,801
1,033,834
18,566
105,704
294,310
2,308
756
145.339
12,848
121,314
13,628
969
103,058
508,505
109,430
170,039
2,420
45,650
5,231
1,627,132
21,910
9,982
1,688
240,123
10,138
77,583
5,084
314,141
11,123
215,242
38,340
385,T39
107,730
2,962,822
387,893
808,766
21,713
262,393
6,034
23,672
277,215
25,728
8,220

[V ol LIV .

IM PORTS AND E X P O R TS OF GOLD AN D
S ILV E R A T S A N FRANCISCO.
The details of the imports and exports of gold and silver
through the "port of San Francisco for the month of March
have been received this week, and we give them below in con­
junction with the figures for preceding months of the fiscal
year 1891-92. The imports of gold during February were
$110,589 and of silver $238,449, or an aggregate of $349,038.
There have been received during the nine months a total of
$9,368,555 gold and $2,406,512 silver, which compares with
$6,231,560 gold and $3,023,679 silver for 1890-91. The ship­
ments of gold in February were $43,542, all coin, of which
$25,000 went to Honolulu, $5,000 to Central America and $13,542 to China. The exports of silver were $483,267 Mexican
dollars and $106,500 bullion, of which $144,000 coin and $61,500
bullion went to Japan and the remainder to China. For the
nine months the exports of gold have been $749,964 against
$1,217,062 in 1890-91, and $6,661,848 silver has been sent out,
against $4,278,059 in 1890-91. The exhibit for March and the
nine months is as follows :
IMPORTS OP GOLD AND SILVER AT SAN FRANCISCO.
SILVER.

GOLD.
MONTHS.
1891-2.
J u l y .........
A u gu st.. . .
Septem ber
O ctob er...
November.
December.
January...
F ebruary..
M arch.......

Coin.

Coin.

Bullion

Total.

$
67,733
755,198
1,018,285
2,139,136
2,434,892
1,857,430
76,456
91,812
56,513

$
38,468
35,740
119,426
156,433
147,868
276,483
20,101
22,505
54,076

$
106,201
790,938
1,137,711
2,295,569
2,582,760
2,133,913
96,557
114,317
110,589

Bullion.

Total.

$
227,516
183,912
181,048
304,628
234,815
161,083
214,173
217,473 >
219,362 „

$
41,180
146,572
16,471
149,402
23,515
18,587
19,925
27,763
19,087

$
268,690
330,484
1 9 7,51 »
454,030
258,330
179,670
234,098
245,242
238,449

462,50!« 1,944,01( 2,406,512
Tot.9 mos. 8,497,455 8 f ï , 100 9,368,555
EXPORTS OP GOLD AND SILVER FROM SAN FRANCISCO.
SILVER.

GOLD.
MONTHS.

Coin.

B uW n

Total.

Coin.

$
$
580,982
150,163
91,942
819,318
925,234
97,322
583,872
97,035
34,089 1,349,410
68,554
832,516
246,117
85,307
301,263
82,010
483,267
43,542

1891-2.
July..........
A u g u st.. . .
September
O cto b e r...
November.
December.
J a n u a r y ..
February..
M arch.......

$
149,263
91,117
97,322
96,435
32,629
67,814
85,307
82,010
43,542

6*00
1,460
740

Tot.9 mos.

745,439

4,5251 749,964 6,121,979

$
900
825

Bullion.

Total.

$
580,982
859,387
969,531
583,872
110,000 1,459,410
832,516
193,000
439,117
46,000
347,263
106,500
589,767
$

40,069
44,3001

539,869

6,661,848

M in n e s o t a S t a t e B a n k s . —The Superintendent of Banks
of Minnesota has furnished us a statement of the condition o f
State Banks in Minnesota at the close of business on March 1,
1892. From it and from the latest statement of the condition
of national banks—that o f March 1—we have prepared the
following, which gives the results for all the banks in
Minnesota;
M IN N E S O T A .
Number................. ............................

Nat. Banks, Sta'e Banks,
March 1,
March 1,
1892.
1892.
102
66

Total.
168

*26,885,600 $68,227,400
Leans'andSscounts....................................
256,807
137,998
3,738,000
491,654
Stocks, bonds, Ac..........................................
3.246.846
Due from reserve agents.............................
f 5,175,197 14,651,114
2,306,623 {
Due from banks and bankers......................
3,425,303
1,274,172
2,151,131
Banking house, furniture and fixtures......
1,270,154
470,014
800,140
Other real estate.........................................
3,662,465 ) 2,801,640
7,539,358
1,075,253 5
Legaftender notesand certifi’s of deposit.
1,493,124
552,020
941,104
Exchanges for Clearing-House...................
.230,458
236,458
Bills of other banks................ ....................
468,452
224,127
244,325
Current expenses and taxes p a id ...............
196,900
196,960
Premiums on United States bonds.............
506,592
201,520
305,072
Other resources............................................
$38,193,940 $102,009,782
T ota l..................................................... $63,815,842
Liabilities
j oor\ o/\
a
Capital stock paid in.......... .......................... $44.669,200 $8,471,000 $23,140,200
8,093,184
2,576,305
Burplus and undivided profits.....................
6,516,879
1,658,245
Circulation outstanding...............................
1,0 «sos
13,246
4,648
57,813,655
Individual deposits......................................
'¿in I 24,426,289
1,915,297
Due to banks and bankers..........................
o,4U3,&27
793,651
Notes and bills payable...............................
^ ’¿o?
6,750
Other liabilities....... ............ >............ ........ ........
................................................................ $63,815,842 $38,193,940 $102,009,782
~~Vnte —The amount ($2,801,640) under State banks bracketed opposite specie
and legal tender notes is given in reports of State banks as cash on.hand^^

IP tfix e ta r s i C o m m e r c ia l
[From ou r ow n correspondent.]
L o n d o n , Saturday,

S ew s

April 2, 1892.
Up to Thursday evening there was a strong demand for
loans, and the Bank of England did a large business. This
was due partly to the usual requirements at the end of the
quarter, partly to the fact that the joint-stock banks were
T ota l (147 r o a d s )... 127,185,945 117,421,845 11,266,807 1,502,707
.................. 9,764,100
making up their monthly accounts and were unwilling to
N e t in c r e a s e ..................
lend freely, and partly to the fortnightly settlement on the
} To March 26,
t To A p ril 2,




A pril 16, 1892.J

THE

625

C H R O N IC L E .

During the year ended Thursday night there was paid into
Stock Exchange which began on Monday and closed on
Wednesday evening. The accounts open for the rise are the Exchequer on account of the British Government very
shown to have been reduced during the fortnight; but as the nearly 91 millions sterling, and somewhat over 7% millions
joint-stock banks were not free lenders the settlement all the sterling were paid to the local authorities, making the total
same gave rise to a good demand for loans. Th$ expectation receipts of the United Kingdom for the 12 months a little over
now is that the Bank rate will be reduced next Thursday 98% millions sterling, the largest amount ever collected in a
year of peace. The State revenue—that is, excluding the
and that we shall have a long period of easy money. The
only cause apparent at present likely to disturb the market is local authorities receipts—shows an increase of somewhat
over a million and a half sterling over the preceding
the preparations of Austria-Hungary for resuming specie pay­
year, while the total receipts show an increase of con­
ments. It is understood that the bill for carrying the measure
siderably more than 2 millions sterling. On the other
into effect will be introduced on the 26th of this month, and
hand the State expenditure is somewhat less than
that a loan will be issued some time in May. The present
the Budget estimate, and the actual surplus there­
intention is said to be to bring out the loan in either two or
fore is about a million sterling. For the new year, which
three instalments, so that the first issue will be for a com­
began yesterday morning, it is already known that the ex­
paratively small amount; and we are assured that the Austropenditure will be somewhat larger than in the year just
Hungarian Government will take every care possible not to
ended. A t the same time there will be four fewer working
disturb the market by withdrawing too much gold at any one
days; that is to say, there will be only 28 days in February,
time. It is said that the loan will be brought out in Vienna,
there will be two Good Fridays^ and one Easter Monday.
London, Berlin and Amsterdam, but here in London', at all
There will thus be three bank holidays and only 365 days. This
events, the subscriptions are likely to be very small.
will involve a loss to the revenue of about £800,000. On the
The price of silver fell on Monday to 39d. per oz.—about 2d.
same basis o f taxation as for the year just ended, therefore, it
lower than ever it has been before. For a day or two much
apprehension was excited. It is evident that the Indian banks is not probable that the Chancellor of the Exchequer can ex­
have suffered heavily. Their capital raised in this country in pect any considerable surplus for the new year.
The rates for money have been as follow s:
gold and employed in India in silver is greatly depreciated.
Interest allowed
O f course they have been writing down the capital for years,
Open Market Bates.
«
for deposits by
but the fresh fall has caused a further depreciation. Besides,
Trade Bills.
Bank Bills.
Disc't H se
the banks are in the habit of arranging with merchants before­
Joint
a;
£
Stock A t 7 to 14
Six
Three Four
Six
hand for remitting money home from the East at fixed rates,
Three Four
C Months Months Months Months Months Months Banks. Call. Bays.
Q
and the sharp fall of late must have caused heavy losses on these
2 2M-2M
transactions. Then, again, the fall has for the moment disabled Ffih. 20 3 ZK&ZK 2M@ - 2M@ - 2%@3 3 @3% 3 ®3H 1%
1%-1%
1%
3 2 a — 2%@ - 2M@ - 2%@3 2%@3 2%@8
Lancashire from selling in the East, while it enables the Bom­
1%-1%
2M@2%
1%
“ 11 3 1%@ — 1%@ - 2 @ — 2 @2% 2M@2%
1%-1%
1%
bay cotton spinners to underbid Lancashire in the China mar­
“ 18 3 1%3 — 1%@ - 1%@ - 2 @2% 2M@2% 2%@2%
1^ i% -i%
1%
ket. Indeed, small quantities of Bombay cotton yarn have p 26 3 1%@ ~ 2 @ — 2%@ - 2M@2% 2%@2% 2%@S
1^6 l% -l%
1%
1%® - 2 @2% 2M@2% 2%@2%
been offered for sale in Manchester this week. Of course it is April 1 3 1M@ - 1%@ The Bank rate o f discount and open market rates at the
unlikely that a large business of the kind can be carried on
chief Continental cities now and for the previous three weeks
but that sales could at all be effected has made a very bad im
pression. The fall, too, very adversely affects the finances of have been as follows:
Mar. 11.
India. On Wednesday the price of silver recovered to 39% d
Mar. 18.
March 25.
A p rili.
Bates of
per ounce, on Thursday to 39%d. and yesterday to 39% d
Bank Open
Interest at
Bank Open Bank Open Bank Open
per ounce, and as India has begun to buy more freely than
Bate. Market Bate. Markex Bate. Markex Bate. Market
she has been doing of late, a better feeling now prevails.
3
m
3
1M
3
3
m
"i%~
3
The stock markets have been more stagnant than ever, if Paris...............
IM
3
1M
1%
3
3
IK
Berlin...............
8
1M
3
1M
3
possible, during the week. In the American department Hamburg......... 3
1K
i%
3
1%
3
l%
3
3
IK
i%
there has been a sharp fall, due mainly of course to the decline Frankfort........
3
2M
3
2M
3
3
2M
Amsterdam....
2M
3
in New York, but aggravated by the closing of a large bull Brussels ........ 3
2M
3
2M
2%
3
l%
4
3K
4
3%
4
8%
SK
account here on Wednesday. It is said that one enterprising Vienna............. 4
4M
6M
5M
5M
4M
m
4M
operator had very large accounts open for the rise not only in St. Petersburg. 5%
5
5
5
5
5
4M
5
4M
Madrid............
4
4
American railroad securities generally, but also in silver, and Copenhagen__
4
4
4
4
3M
3M
that the market combined to compel him to close his accounts
The quotations for bullion are reported as follow s:
.
^

I
r
r
g

Bar gold, fine... .oz.
Bar gold, contain’g
20 dwts. silver..oz.
Span, doubloons.oz.
S.Am.doubloons.oz.

8. d.
77 9
77 9M

s.
d.
77 9
77 9M

SILVER.

London Standard. Mar. 81 Mar. 24,
Bar silver.......... oz,
Bar silver, contain­
ing 5 grs. gold, -oz
Cake silver......... oz
Mexican dols......oz

d.
39M

_ d.
40 9-10

39%
42%
88M

40 15-16
48%
39 5-16

■ —---

That is one reason why the public is holding aloof from the
market.
An additional reason of course is the crisis
through which we have been passing. Many wealthy firms
¿and large operators have suffered immense losses, and are no
longer able to act on the scale they formerly did; on the con
trary they are compelled to realize on every favorable oppor
tunity securities for which there is a free market. But
•over and above that reason a fear exists that the
¡silver policy of the United States must bring on
trouble. At the same time the great depreciation of silver
together with the heavy fall in cotton, has had so bad an effect
upon Lancashire that people are looking for numerous com­
mercial failures. Furthermore, Indian finance suffers from
the fall in silver, from the drought, and from the relief-works
■expenditure. Then, again, the banking crisis in Australia has
n ot yet come to an end. However, the Associated Banks in
Melbourne have decided to give whatever assistance may be
necessary to all their members, and this assures us against any
serious banking trouble. From Brazil reports come of con
tinued political disturbance, but in Argentina trade is un
doubtedly reviving. Then’also the Pari3 Bourse shows extra­
ordinary strength, and there has been some slight recovery
during the week in inter-bourse securities generally.




GOLD.
London Standard. March 31. MarchZi.

England, the Bank rate of discount, the price o f consols, &c.
compared with the last three years:

1889.
1890.
1891.
1892.
April 3.
April 2.
April 1.
March 30.
£
£
£
£
Circulation................................ 25,540,420 24,873,820 24,931,370 21,493,950
Public deposits............................. 11,486,829 12,666,188 11,169,241 12,359,055
Other deposits ............................ 29,935,737 28,590,959 26,814,163 24,089,888
Government securities............... 10,785,124 11,337,652 15,770,925 15,710,396
Other securities........................... 32,261,176 34,719,876 24,505,603 25,019,301
13,835,264 15,354,011 14,336,906
Reserve...........................
16,812,424
22,930,856
Coin and bullion.......................
25,902,81422,259,084 23,836,381
39%
41M
83%
Prop, assets to liabilities.per ct. 40 7-16
3
4
3
Bank rate........................ per ct.
3
98%
97 15-16
96 9-16
Consols 2% per cent................... 9513-16
100,654,000 181,793,000 180,059,000
Clearing-House returns.. . . . . . . 137,353,000

Messrs. Pixley & Abell write as follows under date of
March 31:
Gold—There has been n o resum ption o f the dem and fo r gold, and the
w hole o f the recen t large arrivals, both in bars and coin, have been
sent into the Bank o f England. The total purchased during the w eek
is £413,000, w hile £6 5,00 0 has been withdrawn. The arrivals from
the Cape again show a great advance com pared w ith the corresponding
periods in the last few years, and are ap p rox im a tely : January to
March, 1890, £3 77,0 00; January to M arch, 1891, £572,000; January
to M arch, 1892, £930,000. A rriv als: W est Indies, £35,00 0; China,
£1 20,0 00; Natal, £160,000; M adeira, £4 ,000 ; Chili, £ 2 ,000 ; tota l,
vao.i non.

626

THE

CH RO N ICLE.

Silver—The low prices last quoted proved to be n ot nearly the bottom
o f the m arket, fo r w hen it becam e know n that the free coinage bill in
the United States had practically been abandoned, a fall took place in
the New Y o rk rate to 85c. per oz., w hich was im m ediately follow ed
here b y a drop to 39d. on the 28th inst. A t this rate there were sellers
both in New Y ork and London, but also a good Indian demand which
m ore than absorbed supply. Since then a reaction has set in, and
to-day the price is 39%d. A rriv als: West Indies, £21,000; Australia,
£3,000; Chili. £58,000; total, £82,000. Shipments to Bom bay, 24th
M arch, £111,628.
M exican Dollars—These coin rem ain at Id. under bar silver, and
there have been no arrivals o f im portance.

[V o l.

The following table shows the exports and imports of specie
at the port of New York for the week ending April 9 and
since Jan, 1,1892, and for the corresponding periods in 1891
and 1890:
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
9
Exports.
Im ports.
Gold.
Week.
Since Jan. 1.
Week.
Since J a n .l
Great B r it a in ..........

The following shows the imports of cereal produce into the F rance.........................
G erm any.....................
United Kingdom during the first thirty weeks of the West In d ies................
M exico.........................
season compared with previous seasons:
South A m erica..........

$14,705

$2,370,282
600,000
3,780,000
5,682,148
6,500
413,300

$96,500

$84,705 $12,852,230
4,093,700 15,103,759
557,709
2,649,146

$101,456
11,010
369,974

67.500
2,500

IMPORTS.
1891-92.
1890-91.
1889-90.
1888-89
W heat.................. owt. 40,807,723 30,885,727 30,357,599 35,886,118
B a rley ........................... 13,196,766 12,960,731 10,419,436 12,541,404
Oats............................... 8,02 s,772
7,565,749
7,622,304 9,093,124
P ea s............................... 1,892,975
1,151,332
1,128,922 1,214,488
B ean s............................ 2,130,366
1,843,021
2,041,118 1,964,009
Indian co rn ............ 15,370,610 15,209,323 20,657,595 15,780,715
F lo u r............................. 11,619,179
9,124,205 10,200,961 8,598,747

All other cou n tries..

Supplies available for consumption (exclusive o f stocks on
September 1):

Great B ritain............
France.........................
Germ any.....................
West Ind ies....... .
M exico.........................
3outh A m e r ic a .........
All other cou n tries..

$620,750

Total 1 8 92...........
Total 1891...........
Total 1890...........

$734.198
316,337
546,675

1891-92.
1890-91.
1889-90.
1888-89
Im p ortsofw heat.cw t.40,807,723 30,885,727 30,357,599 35,886,118
Im ports o f flour.........11,619,179
9,124,205 10,200,961
8,598,747
Bales o f hom e-grow n .19,930,695 23,812,086 30,636,806 22,249,377
71,195,366 66,734,242
1888-89
1889-90.
30s. 2d,
29s. 9d.
31s. 63.
29s. l i d .

T otal....................... 72,357,597 63,822,018
1891-92.
1890-91.
A ver, price w heat week.32s. 8d.
35s. 3d.
A verage price, season ..3 5s. 7d.
32s. 5d.

The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
This week.

1890.
2,381,000
310.500
572,000

1891.
2,311,000
453.000
338.000

L a st week.

W h e a t...................qrs. 2,855,000
F lour, equal to qrs.
407,000
M aize..................... qrs. 429,000

2,887,000
445,000
460,000

E u g l i s l t F i n a n c i a l M a r k e t s — e r C a b le «
'P

The daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending April 15:
Sat.

London.
Silver, per o z .................d
Consols,new, 2% per cts.
do fo r accoun t.........
F r’obrentes (in P aris)fr.
U. 8. 4s o f 1907..............
Canadian P acific............
Chic. Mil. & St. P au l___
Illinois Central................
Lake Shore......................
Louisville & N ashville..
M exican Central 4 s .......
N. Y . C e n tra l* Hudson.
N. Y . Lake Erie & W est’n
do
2d co n s............
N orfolk & W estern, p re f.
Northern Pacific p re f...
Pennsylvania..................
Philadelphia & Reading.
Union P acific...................
W abash p r e f...................

Mon.

39%
39*2
96*16 96%e
96%
96%
96*80 96*87%
121
121
90%
905s
81%
81is
107 At 107%
135% 136
76%
76%
72%
73
1 1 7 % 117%
31*2
32%
109% 109%
505s
5038
61%
62^8
5734
583s
2838
28is
47
46I3
29%
28%

Tues.

Wed.

Thurs.

399t6
96%
96^x6
96*95
121
91%
81%
107%
136%
76%
73
118
31%
109%
50%
63
58%
28%
47
29

39716
96316
96%
96*92%
121
91%
8138
108
136%
76%
73
117%
32%
109%
49%
63
583s
29%
46%
28%

39716
96%
965,6
96*85
121
91%
81%
108
136%
76%

Fri.

|
h
<5 .
Q

73

117%
32%
110
49%
633s
58%
SO
47%
29%

' O
til

©ummerctal and WList&ll&mous Mtms
N a t io n a l

B a n k s .— T h e

following national banks have

recently been organized:
4.718—The Elkins National Bank, Elkins, W. Va. Capital, $50,000.
President, 8. B. E lkins; Cashier, W. J. Arm strong.
4.719—The First National Bank o f W estfield, N. J. Capital, $50,000.
President. A lfred D. Cook ; Cashier, R obert H. Cook.
4.720—The First National Bank o f Lander, W yoming. Capital, $50,000. P re sid e n t,------- ----------; Cashier, Samuel C. Parks, Jr.
4.721—The State National Bank o f Jefferson, Texas. Capital, $50,000.
President, T. J. R o g e r s ; Cashier, J. W. Rainey.
4.722—The First National Bank o f M ount Pleasant, Texas. Capital,
$50,000. President, C. C. C arr; Cashier, W. C. H argrove, Jr.
4,7 23~ T h e City National Bank o f Ardm ore, Indian Territory. Capital,
$50,000. President, F. M. D ou gh erty ; Cashier, H. F. Potts.
I m p o r t s a n d E x p o r t s f o r t h e W e e k . — The

following are
the imports at New York for the week ending (for dry goods)
April 7; and for the week ending (for general merchandise)
April 8; also totals since the beginning of the first week in
January.
FOREIGN IMPORTS AT NEW TORK.
For Week.

1889.

Dry G ood s.......
Gen’l m er’dise.

$2,294,985
5,471,109

Total.........

$7,766,094
$44,475,839
93,905,545

Since Jan. 1.
Dry G ood s.......
Gen’l m er’dise.

1890.
$2,328,344
7,549,182

3 891.

1892.

$2,057,745
6,780,519

$2,454,346
9,946,562

$9,877,526

$8,838,264

$12,400,008

$48,053,967
94,037,229

$40,995,658
105,973,194

$39,737,204
116,840,527

Total 14 weeks. $138,381,384 $142,091,196 $146,968,852 $156,577,731
The imports of dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statement of the exports (exclusive of
•pecie) from the port of New York to foreign ports for the
week ending April 12 and from January 1 to date:
EXPORTS FROM NEW TORK FOR THE WEEK.
1889.

1890.

F o r the w e e k ..
F rev. reported.

$6,491,684
88,018,023

$6,050,497
89,143,426

T ota l 14 weeks.

$94,509,707

$95,193,923




1891.
$7,801,532
88,336,261

1892.
$8,139,233
105,959,253

$96,137,793 $114,098,486

LIV,

Total 1 8 92...........
Total 18 91..........
T ota l 1 8 90...........

2.291
2,665

$5,825,869
1,434,914
3,824,143
Im ports.

Exports.
Silver,
Week.

Since Jan. 1.

$2 8,72 5
4,496,901
86 5,50 0
73 ,767
10,894
230,741
119,341

Week.

Since J a n .l,

$5,916,330
327,160
500
502,647
18,479
507,500
10,440

$500
667

67,434
22,355
169,084
4,746

$7,283,056
5,002,866
7.834,370

$1,167
21,339
17,911

$356,419
534,469
467,044

95,398
18,050

$9 2,80 0

Of the above imports for the week in 1892 $3,473 were
American gold coin and $1,031 American silver coin. Of the
exports during the same time $70,000 were American gold
coin.
New York City Bank Statement for the week ending April
9 1892, is as follows. W e o m it tw o cipher s(00) in all cases.
Ba n k s .
too* omitted.)

'apital. Surplus.

Leant.

9
9
2,000,0 1.933.0
2.050.0 1.647.4
976.2
2,000,0
2,000,0 1.948.6
2.101.7
3.000.
0
461.7
1.000.
0
1,000,0 2.530.9
184.1
750.0
300.0 6.723.7
139.3
600.0
1,000,0 1.561.5
302.2
300.0
421.2
400.0
157.0
200.0
548,9
600,0
68,3
300.0
506.4
1.200.0
2.213.3
5.000.
0
5.000. 3,437,2
0
1,000,0 1.643.5
1,000,0 1.035.0
438.5
422,7
950.1
1.500.0
833.5
450.0
318.7
200.0
684.7
700.0
1,000,0 1.722.9
315.3
500.0
440.1
600.0
264.1
500.0
781.0
750.0
119.8
500.0
246.5
500.0
1,000,0 1.229.4
277.6
1,000,0
414.0
300.0
1.500.0 5.416.8
2,000,0 2,913,7
133.8
250.0
3.200.0 1.747.6
520.2
2,000,0
434.5
300.0
180.9
750.0
500.0 7 066,6
57,5
1,000.0
163.8
300.0

C

14.380.0
Sauk of New Y ork...
Manhattan Co...........
11.351.0
7.912.4
Merchants’ ................
Mechanics’................
9.862.0
America...........
17.516.1
Phenix.......................
5.699.0
15,1*60,3
City...........................
2,903,7
Tradesmen’s ............ .
24,806,4
Chemical.________....
4.193.6
Merchants’ Exchange
5,93 i.3
Gallatin National......
1.850.0
Butchers’ & Drovers’
2.410.0
Mechanics’ & Traders
1.184.6
Greenwich................
3.517.5
Leatnei Mannfact’rs.
1.673.5
seventh National.......
3.577.3
State of New York....
18.795.0
American Exchange..
20.386.6
Commerce..................
6.874.1
Broadway....... ...........
9.588.5
Mercantile.................
3.022.3
P acific......................
14.246.7
Republic.....................
6.414.3
Chatham.....................
2.309.6
Peoples’ ......................
6.755.5
North America...........
18,58d,8
Hanover...... ..............
3.173.0
Irving.........................
3.0*21,3
Citizens’ .....................
3.006.5
Nassau..................
4.223.5
Market & Pulton.......
2.195.4
Bt. Nicholas...............
8.032.0
Shoe & Leather.........
8.728.4
Corn Exchange..........
5.569.3
Continental................
2.216.0
Oriental.................... .
28.538.0
Importers’ & Traders’
28,117,3
Park.......................... .
1.164.3
East R iv e r............
22.559.0
Fourth National......
9.177.0
Central National.......
5.164.0
Second National........
2.807.2
Ninth National..........
29.264.2
First National............
5.086.4
Third National...........
1.586.2
N. Y. Nat’l Exchange
2.940.0
501.0
250.0
Bowery......................
570.6 2.910.0
200.0
New York County___
2.904.7
283.5
750.0
German-American....
500.0 1.033.5 14.467.3
Chase N ation al.......
5.404.6
890.1
Fifth Avenue.............
100.0
569.2 2.918.7
200,0
German Exchange....
2.875.8
515.7
Germania....................
200,0
6.854.0
664.8
500.0
United States.............
400,0 4.954.2
300.0
Lincoln.......................
3.761.5
406.2
200.0
Garfield.......................
314.8
1.879.5
150.0
Fifth National..____
685.6
4 731,9
800.0
Bank of the Metrop...
2.210.0
257.4
200.0
West Side..................
4,733,0
189,2
500.0
Seaboard....................
1 595,0
844.8
200.0
Sixth N ational........
170.6 11,341,9,
Western National___ 2.100.0
4 184,0
785.9
800,0
«ir«t National.B’klyn
1 999,5
122.8
Southern National.... 1,000,0
n oa l

Specie.
3.460.0
4.180.0
1,967,8
1.705.0
2.991.1
1.040.0
4.297.3
560.0
6.463.1
551.6
970.0
255,4
270.0
175.7
388.3
353.1
262.8
2.646.0
3.403.6
1.190.1
1.866.7
174.4
1,515,5
980.2
321.2
795.0
4.875.4
598.9
619.9
260,6
696.4
243.6
496.0
2 339,0
1 549,0
’ 143,9
5 222,0
7*275,6
112.2
5.014.8
2 509,0
1*222,0
’ 913,1
6.192.1
776.1
195.7
535.0
830.0
349.8
4 008,1
1*211,6
181.5
381.0
1 663,0
2 006,8
1 154,8
445,7
1.048.2
316.0
591.0
238.0
1.794.2
938.0
277.0

Legali. Depositi.
9
1.870.0
1.268.0
709.7
912.0
1.536.1
802.0
1.588.0
214.8
2.008.2
561.4
1.016.0
255.8
240.0
111.3
490.8
70,1
461.9
2,300,0
1.901.3
161.3
808.5
405.1
2.751.4
929.7
345.4
560.7
761.8
324.1
310.8
330.8
360.0
355.2
427.0
250.0
179.2
439.2
2 423,0
2 331,2
138.4
1.130.5
838.0
448.0
294.5
1 152,2
750.9
300.3
170.0
235.5
202.0

1 675,4
’441,1
654.5
337,7
164.5
324.4
338.6
158.7
477.7
324.0
763.0
198.0
1.276.6
348.0
141,2

,

$

16,000,O
'
14.112.0
8,673,2
9.114.0
18.094.2
6.218.0
18,724,0*
3,159,9
26.388.0
4.819.0
5.818.0
1.922.1
2.420.0
1,135,53.182.0
1.674.0
2.897.8
16.955.9
16.601.4
5.168.0
10.340.7
3.118.1
16.495.2
7,029,03.100.2
6.201.T
20.633.9
3.310.0
3,350, T
3.157.2
4.177.9
2,374,4
3.630.0
8.963.T
6,671,7
2.180.0
30.080.0
33.512.7
990,0
23,815,1
11,167,0
6 278,0
3.791.9
29.319.5
5.513.9
1,631,6.
3.013.0
3.495.2
2.639.0
18,163,4
6 030,83 392.9
3,285,6»
7 773,9
6>57,54 797,52 046,2
5.624.9
2.382.0
5.404.0
1 438,9
12.121.9
4.416.9
ljö52,0>

. ___ . . . . 60,872,7^6,704,4)490,875,7(1018979145,955,5 528|05e,&

New York City, Boston and Philadelphia Banks :
BANKS.

Capital d
e
Surplus. Loans.

Specie.

Levale. Deposits.t Oirc’Vn Clearing/,

9
$
$
$
$
$
N. Y o r k .*
Mar. 12 — 126.926.9 492.934.0 1004558 48.734.8 531.976.6 5,571,1 770,622,0*
“ 1 9 .... 128.926.9 404.659.7 »9,741,2 50.035.5 534,308,u 5.564.4 715,492,2
“ 2 6 . . . 127.077.1 490,435,3 1012187 49.318.9 530.120.7 5,600,3 646,042,0
April 2 ... 127.077.1 489.725.1 1018045 48,235,3 528.447.4 5.569.0 706,037,5ft
9 .... 127.077.1 490.875.7 1018979 45.955.5 528.056.8 5.707.5 764,254, A
B oston .*
Mar. 2 6 .... 64.642.9 159.445.7 10,329,9 5,505,2 143.717.5 4.243.6 84.503.2
_ 64.642.9 161,050,5 10,305,2 4,941,6 147.924.9 4.267.0 96,766,0*
April 2 _
“
9 .... 64.642.9 161.328.7 10,753,6 4,838,5 148.201.5 4,361,9 87,199,4P h lla .*
36, 19.0
I09,6u3,0 3.377.0 73,453,0
Mar. 2 6 .... 35.793.7 99,812,0
34,4 (>4,0
108.270.0 3.360.0 68.584.2
April ,2 .... 35.793.7 100.056.0
34,7 83.0
r*
9 ... 35.793.7 100.277.0
108.414.0 3.371.0 74,114.9»
* We omit two ciphers in all these figures. + Including, for Boston and Phlla.
delDhia. the item “ due to other banks,”

THE

A p r il 16, 1892.J

C H K O N IC L E

627

—The Northern Pacific Railroad route offers remarkableattractions for spring and summer tourists. There is pubt
lished to-day in the C hronicle , on the page next to the lase
shows the amount of each class of bonds held against national page of advertisements, an article descriptive of this routy
bank circulation and to secure public moneys in national bank entitled the “ World’s Wonderland,” which will well pafcg
depositaries on April 1. W e gave the statement for February every business man for its perusal. The field for investmen q
37 in C hronicle of March 13, page 433, and by referring to in real estate, mining and other industrial enterprises, in th3
cities of the Northern Pacific route from Duluth westward i0
that the changes made during the month can be seen.
also something worth considering by every traveler wh
“ though he is on pleasure bent still has a frugal mind.”

B onds H eld b y N ation al B an k s .— The following interest
in g statement, furnished by the Comptroller of the Currency,

T . S. Bonds H eld A p ril 1 ,1 8 9 2 , to Secure—
T
Description o f Bonds.

Public Deposits
in Banks.

B ank
Circulation.

Total Held.

C urrency 6s.......................

$1,116,000

$11,277,000

$12,393,000

-4 per cents........................
3 per cen ts........................

13,987,500
1,783,000

127,409,450
21,848,350

141,396,950
23,631,350

T ota l............................

$16,8 86,500

$160,534,800

$177,421,300

E xports op B readstufps for M arch , 1893.—The f o l ­
lowing, made up from the statement issued by the Bureau of
Statistics shows the exports o f domestic breadstuffs from
the under-mentioned customs districts of the United States
for the month of March in 1893 and in 1891, and for nine
months of the fiscalyear 1891-92.
March.
Breadstuffs
Exports.

Qu’ntities

1891-92.
1891.

1892.
Vaiate.

Qu’ntities

Nine Months.

Vaiate.

Quantities

Vaiate.

16,912

$
14.S22

185,024

27,917

19,811

1,060,997
10,738

f,064.800
11,718

140,522

44,829

34,133

2,401,906

1,539,598

2,156,954 1,204,520
102,130
195,023
3,225,6d7 1,642,155
3.077,280 1,778,605
1,704,432 901,711
12,208
9,375
404,237
198,245

632,385
171,71e
307,050
713,810
505,2 L
6
11,549
340,178

7,203

$
4,422

2
830

3
473

Pae. oust, dists.*
Other cns. dists.t

224,825

Total, barley......
Corn, bush.
New York..........
Boston...............
Philadelphia......
Baltimore..........
New Orleans......
Pac. cast, dists.*
Other cus. dists.+

232,360

Barley, bush.
New York..........

677,189
20,195
2
23,785

t
420,566
21,237

428,377 17,394,34t 10.800,009
112,079 3,470,072 2,i 26,197
212,819 12,780,545 6,759,494
472.(62 14,835,354 7,729,210
333,753 4,739,501 2,503.147
9,367
89,357
79,673
194,443 3,096,927 1,727,204

Total,corn... ... 11,335,867 5,836,747 2,741,906 1,761,900 56,412,705 31,624,934
Oorrwneal. bbis.
14,325
50,337
New York..........
9,327
113,555
29,739
408,392
5,787
2,003
Boston...............
1,835
41,955
4,748
120,200
350
1,425
Philadelphia......
1,409
4,150
2,348
7,890
2,050
8,035
83,489
B altim ore.........
0,027
18,445
104,151
72
19
New Orleans......
6
10
9c
349
1,900
4,002
Other cus. dists.t
1,418
3,790
18,837
45,294
20,013

21,324

70,258

210,277

092,208

23,400
120

12,680
788

7,915
490

3,625,279
31,021

1,545,515
12,872

350
96
7,284

New Orleans....
Pac. cust. dists.*
Other cus. dists.t

00,894

49,833
244

Total, corn-meal
Oats, bush.
New York..........
Boston...............

150
42
8,440

40
2, Il 9
5,015

29
1.3o3
2,930

2, 34
Ï.74I
40,094
2,541,357

817
22,223
1,013,382

12,673

Total, oats.........
Oatmeal, lbs.
New York..........
Boston...............
Philadelphia......

58,243

27,535

20,681

580,050
004,985
112,800

12,980
22,812
3,384

8,019
141,000
189,70 J

Pac. cost, dists.*
Other cus.dists.t

400
7,SoO
236,840

18
262
4,261

20,035

Total, oatme.%.. 1,608,875
Bye. bush.
496,354

43,717

364,804;

Philadelphia......

49,714
105^020

New Orleans. ...
Pac. cust. dists.*
Other cus.dists.t
Total, rye..........
Wheat, bush.
New York..........
Boston...............
Philadelphia......
Baltimore..........
New Orleans......
Pac. cust. dists.*
Other cus.dists.t

0,816,652

2,823,229

22
2.549,370
4,230 10,942,111
&Q
M 1,513,940

01,007
282,078
42,001

1,065
154,100
810,161

5,025
20,049

9,002 18,420,202

484,007

494,812

5 991,658
150,00t

135,217

150Ì436

935,513
530,97t)

518*,060
2.148Ì304

755

2,083

1,978

2,370,601

713,177

704,717

10,208,585

9,825,138

47,770,281
3,411,04-1
7.096.57O
l8,3ö5,023
13,549,83 t
29,757,650
4,829,123

51,102,504
8,507,679
7,509,927
18,977,095
14,284,429
30,085,291
4,701,330

3,018,015
001,845
274,5u0
1,074.151
1,623,835
1,473,381
209,052

364,970
3,171,747
398,802
535,619
82,983
82,737
281,065
80,879
89,335
1,069,129
103,100
114,047
1,679,561
234,902 223,306
1,484,154 4,043,175 3,507,904
209,052
46,000
46,000

Total, wheat...... 8,276,185 8,500,347 4,961,009 4,462,191 124,725,527 130,278,908
Wheat-flour, bbis
New Y o rk ........
576,977 2,743,522 412,050 1,954,444 3,682,685 17,731.962
Boston...............
224,125 1,057,789
108.125 830,0ob 1,321.129 0,482,709
Philadelphia......
113,784 561,300
85,099 410,489 1,169,35s 5.804,190
Baltimore..........
324,731 1,659,486
232,791 1,221,029 2,427,750 12,005,224
New Orleans......
30,827
140,216
028,015
119,505
2,892
15,071
Pac. cust. dists.*
118.03L
571,567 224,905
980,751 1,827,568 5,900.112
Other cus.dists.t
211,305 1,044,744
113,117 059,103 1,204,258 0,078,920
Tot.,wheat-flour. 1,599,780 7,757,913 1,240,185 0,026,973 11,172,962 55,891,770
Totals.
New York..........
83,053,041
7,685 15i
2,854 417
Boston...............
12!ö88,172
Philadelphia......
20,401,483
Baltimore..........
40,471,879
4Ìò94Ì7?y
New Orleans__
17,935,189
572,291
Pac. cast, dists.*
37,303,588
10,400,257
Other cus.dists.t
1,402,076
900,478
Grand total..
233,159,912
23,072,442
....... 12,378,130
♦Value o f exports from Pacific districts for the month of March, 1892:
San Francisco, California....... 11,486,281 iOregon,Oreg............................. $24,574
Willamette, Oregon................ 887,821 i
------------Puget Sound, Washington....... 826,216 | Total......................................$2,204,422
+ Value o f exports from other customs districts for the month of Mar., 18J2:
Newport News, Va..................$1,337,797 1
Portland..............
$0,080
Huron, Michigan......................
53,853j
------------Detroit, Michigan.....................
52,879 T ota l..................................... $1,462,070
Brazos, Texas...........................
11,987|
Note .—This statement Includes about 88 per cent o f the entire exports o f the
articles named from all ports o f the country.




—Messrs. Kidder, Peabody & Co., Boston, recommend as a
conservative investment for trust funds the 4 ^ per cent gold
bonds issued by the Fort Street Union Depot Co. of Detroit,
Mich. The property is located in the heart of the city and
gives terminal accommodation to several roal3. See details
in advertisement.
—Attention is called to the advertisement in another col­
umn offering for sale 90,000 acres of land in Sunflower County,
Miss. The land, which is located in the Mississippi delta, is
heavily covered with hardwood timber. The entire tract may
be had at a low figure.
—Messrs. Seasongood & Mayer, Cincinnati, offer for sale
$400,000 city of Cleveland, Ohio, water works 4% per cent
bonds. Price and particulars on application.
—Messrs. Blake Bros. & Co. offer City of St. Louis gold
fours, principal and interest payable in London in sterling or
in New York in U. S. gold coin.
—The attention of investors is called to the notice of guar­
anteed stocks and bonds offered by Messrs. Reed & Flagg in
this issue of the Chronicle .
—Parties looking for bond investments will notice the ad­
vertisement of Messrs. A. M. Kidder & Co.
Auction Sales—Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction.
By Messrs. R. V. Harnett & Co. :
Shares.
152 Celluloid C o ..................... . 95
200 J. M. Harding M fg. Co.,
$25 ea ch ........................$10 lot
160 Phénix Nat. B an k .............1241
«
20 Southern Nat. B an k........lOO1
^
14 Western Nat. Bank......... 12338

20
25
50
50
15

S/IC 68*
IV
Ninth Avenue RR. C o ... 128*4
Market & Fulton N st.Bk.225
Nat. Bank o f Commerce. 187^
Nat. Butoh & D rov. B k . . ^ 1
«
Nat. Park B ank................3 2 D «

By Messrs. Adrian H. Muller & Sons:
Shares.
5 B roadw ay Ins. C o...........12 71
«
15 D ry D ock E.B.& Batt.RR. 120*2
5 H olland Trust C o............176
_
40 Peter Cooper Ins. Co_ 133
30 Globe Fire Ins. C o.......... 78%
400 N.Y. & Cuba MailSS. Co. 60
200 Philadelphia C o............... 32
20 Nat. Broadway B an k___ 2 8 1
50 N. Y. Mut’ l Gas Light Co. 138
10 Thurber-W hyland Co.,pf. 98 ^
10 Eppen8, Smith & W ieman
C o ...................................1 1 0
11,000 San Martin MiningCo. $100
Bonds.
$12,000 Vioks. & Merid. RR.
1st 6s, 1921, A. & 0 ..............1 0 0 ^

Bonds.
$10,000 W yom ing V ail. Coal
Co. 1st 6s, 1902, M. & N .. . . 90
$10,000 W ’chester Co. Water
Works Co. 1st 6s,1906,J.&J. 80
$11,000 Internat. & Gt. Nor.
RR. Purchase M onoy 1st 6s,
1919. M. & N .......................... 111
$1.500 Dry © ock E.B. & Batt.
R y. Co. 6 per cent scrip — 103
$30,000 Denver City W ater
W orks Co. gen. 5s, 19 LO,
M.&N. N ov.,’91.coups. on . 25
$1,000 Wash. O & W. R R . 1st
4s, 1924. F. & A .................... 57
$20,000 N.Y. & Mass. R y. 1st
5s, 1 9 37................................... 20

^atxMtxg aticl ffitiaticial.
Spencer Trask

&

Co.,

BANKERS,
N o s. 1 6 a n d 18 B r o a d S tre e t, N e w Y o r k C it j.
2 0 C o n g r e s s S tre e t, B o s t o n .
ALBANY N. V.i
PROVIDENCE, B. I.
Direct Private Wire to Each Office.
All classes of Securities Bouarht and Sold on Commission. Special attention
given to INVESTMENT SECURITIES.
______ _________

LIB ERTY N A T I O N A L BANK,
C e n tra l B n ild in g , 1 4 3 L ib e r ty S tr e e t. N ew Y ork .l
C A P IT A L .
$ 5 0 0 ,0 0 0
ACCOUNTS OF BANKS, BANKERS AND MERCHANTS SOLICITED. 1
HENRY C. TINKER President.
HENRY GRAVES, Vice-President.
JAMES CHRISTIE, Cashier.

DIRECTORS.
HENRY C. TINKER,
HENRY GRAVES,
GEO. F. BAKER,
J. R. MAXWELL,

B. F. C. YOUNG,
WM. RUNKLE,
DUMONT CLARKE,
JNO. H. STARIN.

H. C. FAHNESTOCK,
HON. G. A. HOBART
J. A. GARLAND^
|
«sa

T H E M ER CA NT ILE N A T I O N A L BANK
OF T H E C IT Y OF N EW Y O R K ,
N o. 1 9 1 B r o a d w a y .
C a p ita l,
$ 1 ,0 0 0 ,0 0 0 I S u r p l u s & P r o f l t s ,l $ l ,0 3 0 ,0 0 0
WILLIAM P. ST. JOHN, President. |FREDERICK B. SCHENCK, Cashier
JAME3 V. LOTT, Assistant Cashier.
A C C O U N T S S O L I C IT E D .

THIRD N A T I O N A L BANK
OF T H E C ITY OF N E W Y O R K .
C a p ita l,
$ 1 ,0 0 0 ,0 0 0
JB. WOODWARD.......... .'........'...P resid en t.
HENRY CHAPIN, Jr ............ Cashier I J. FRED’ K 3 WEIA3Y....Asst.Cashier
Accounts solicited and careful attention to the interests, o f D jp o s lt o r
guaranteed. _ j

>

THE

623

The following were the rates of domestic exchange on New
York at the undermentioned cities to-day: Savannah, buying,
p a r; selling % premium; Charleston, buying par, selling %
prem ium ; New Orleans, bank, $1 50 per $1,000 premium ;
commercial, 50c. prem ium ; St. Louis, 50c. per $1,000 pre­
mium ; Chicago, 10c. per $1,000 discount.
United States Bonds.—Quotations are as follow s:

ia æ tie .
DIVIDENDS.
Name o f Company.
R a ilr o a d s .
N ashville Chatt. < St. L. (quar.)
fc
m is c e lla n e o u s .
E dison E lectric Ilium, (q u a r.)...
New Eng. Telephone & Telegraph
N orthw est E quipm ent (quar.)...
Thom son-H oust’nElec.Com . (q’ r.)

P er
Cent.

When
Payable.

B ooks Closed.
(D a ys inclusive.)

1*4

M ay

2 A pril 24 to M ay

3

1*4
75c.
1%
4

M ay
M ay
M ay
M ay

2 A p ril 17 to M ay
14 A pril 1 to M ay
2 A p ril 21 to M ay
14

2
2
2

W A L L S T R E E T , F R I D A Y , A P R IL « 1 5 , 1 S 9 2 —5 P . M .

The Money Market and Financial Situation.—To-day be­
ing Good Friday, all the Exchanges are closed as usual, but
the banks are necessarily kept open, as it is not a legal holiday.
Business closed on Thursday afternoon with a rather cheerful
tone and a stronger feeling at the Stock Exchange.
W e hear nothing more now of gold exports, and it has also
been a good feature that the foreign markets have recently
been buyers rather than sellers of American securities. Dur­
ing the time when London was sending back our stocks and
bonds a few weeks ago, the English correspondent of the
C h r o n i c l e was commenting on the fact that Lancashire cot­
ton spinners were among the chief sellers, and thus the effects
of low cotton and low silver worked in this roundabout way
against our Stock Exchange markets.
Railroad net earnings for February are making a good com­
parison with 1891, but there was one extra day in February
t.hig year. The Union Pacific, Missouri Pacific and Illinois
Central reports for February just to hand all show a moderate
increase in net earnings over the same month last year.
As new points in the railroad situation we have this week
the report that New Y ork Central parties will have a repre­
sentation in the Delaware & Hudson Board (though this re­
port is not confirmed) and the announcement that up to Thurs­
day night more than $50,000,000 of the Richmond Terminal
stocks had been deposited under the Olcott plan, as well as
$8,320,000 of the bonds; This announcement and the better
outlook in Reading affairs were the principal matters of inter­
est at the close of busi ness on Thursday.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 1% to 2 per cent,
the average being a little less than 2 p. c. Thursday rates on

1892.
A pril 9.

Surplus reserve.

Differentsfrom
Prev. week.

1891.
A pril 11.

2 s , ........................r«g . Q.-Mch. *100 *100
4s’, 19 07...............reg. Q .-J a n . 116 *116
11610
4sj 1 9 07............ cou p . 0,.-Jan. *116
6sj our’ cy,’ 95___ reg . J. & J. *109 *109
*111 *111
S s ’ cur’cÿ ,’9 6 ___ reg . J. & J.
6si cu r’cy ,’ 97 ___ reg. J. & J. *113 *113
6s, cur’cy j’ 9 8 ___ reg. J. A J. *116 *116
6s. cu r’cÿ,’ 99___ reg. J. & J. *119 *119
*Tbisis tb e price bid at rue m orn in

1890.
A p ril 12.

$
60,372,700
66.704,400
490,875,700
5,707,500
528,056,800
101,897,900
45,955,500
147,853,400
132,014,200

$
I n c . i , 150,600
I n o . 138,500
D ec. 390,600
In c.
3,400
D ec.2,279,800
Deo.2,276,400
Deo.
97,650

$
60,772,700
63,606,000
413.971.600
3,498,200
416.126.600
76.681.800
32.962.800
109.644.600
104,031,650

$
61,062,700
58.249.600
406.608.700
3,671,000
410,238,800
80.104.600
22,907,500
103,012,100
102.559.700

15,839,200 D eo.2,178,750

5,612,950

452,400

Foreign Exchange.—The market for sterling bills has been
dull most of the time, and after slight fluctuations the rates on
actual business close nearly the same as last week. There is more
inclination on the part o f foreign purchasers to take American
securities, and the cotton trade has also been more hopeful
Actual rates for exchange a re : Bankers’ sixty days sterling
4 86%@4 86%; demand, 4 87%@4 87%; cables, 4 87%@
4 88. Posted rates of leading bankers are as follows:
A pril 15.
P rim e bankers’ sterling büls o n L o n d o n ..
P rim e com m ercia l..................................... .
D ocum entary com m ercial............................
P aris bankers (francs). ..................................
A m sterdam (guilders) bankers...................
F ra n kfort o r Brem en (reichm arkslb’nkers




Sixty Days.

A pril A pril
14.
15.

In terest A pril A pril A pril A pril
13.
12.
11.
Periods
9.

call were 1% to 2 p. c. Commercial paper is quoted at 3%@4
per cent.
The Bank of England weekly statement on Thursday showed
a decrease in bullion of £751,000, and the percentage of reserve
to liabilities was 41 "53, against 40*24 last week; the discoun
rate remains unchanged at 2% per cent. The Bank of France
shows an increase of 10,625,000 francs in gold and a decrease
of 3,700,000 francs in silver.
The New York Clearing-House banks in their statement of
April 9 showed a decrease in the reserve held of $2,276,400
and a surplus over the required reserve of $15,839,200, against
$18,017,950 the previous week.

C apital..................
Surplus.................
Loans and d isc’ts
C ircu lation ..........
N et deposits.........
S p e c ie ...................
L eg a l tenders. . . .
R eserve h e ld ....
L eg a l re se rv e .. . .

[V ol . LIV.

C H R O N IC L E .

Demand.

4 86% ® 4 87 4 88 -34 88ia
4 85*4 3 4 85*9
4 85 0 4 85*4
5 18*S®5 17% 5 1614-35 15%
4018 ® 40318 40“ ie 3 40%
9518®95i4
95% ® 95%

*100
*116
116
*109
*111
*113
*116
*119

*100
*1 1 5 %
115%
*109
*111
*113
*116
*119

*100
*115%
*115%
*109
*111
*113
*116
*119

c8
O
M
Í

Government Purchases of Silver.—The following show s
Ounces
offered.
Previously re p o rte d ............ 2,065,000
A pril 11................................. 440.000
“
13................................. 608.000
«
1 5 .................................
*Local purch ases.................
‘ T otal in m onth to d a te..

Ounces
purchased.

P rice p aid .

1,263,000
290.000
420.000 $0-8648 ® $0*8660

$

2 Ï9 ’ 0’3 Î

.....

® $

.....

. . . -3 $ .........
-3 $

tbe follow in g week.

Coins.—The following are the current quotations in gold for
various coins:
S overeigns...........$ 4 86
N ap oleon s........... 3 86
X X R eichm arks. 4 74
2 5 P e s e ta s .... . . . 4 75
Span. D ou bloons. 15 50
M ex. D ou b loon s.15 50
Fine g old b a r s ... p ar

•®$4 90
a 3 90
-3 4 80
-3 4 85
-315 70
-315 70
-»l* prem .

Fine silv e r b a r s ..
86 ® — 87
F i v e f i a n c s . . . . . . . — 90 ® — 95
M exican d o lla r s .. — 67 - 3 — 69
D o un com m erc’ l ------- ® ----------Peruvian s o l s ..... — 66 ® — 70
E nglish s i lv e r .... 4 80 ® 4 90
U.8. tra d e d olla rs — 68 3 —

State and Railroad B on d s—The sales of State bonds at the
Board have included only $4,000 of Alabama, class “ A ,” a
102%, and $1,500 La. consol. 4s at 81%.
Railroad bonds have shown more animation in the promi­
nent issues, among which the Richmond Terminal fives and
Reading preferred incomes are easily first in point of activity.
The Richmond Terminal plan has been so much progressed as
to strengthen very greatly the Terminal securities, under the
prospect that the plan will become effective, for it has
been said from the start that it might be carried out with­
out the immediate consent of all the holders of underlying
bonds on the several roads. The 5s closed on Thursday at 59
and the 6s at 89%. Reading preferred incomes have again be­
come active, advancing considerably for the second and third
issues, which have been dealt in most largely. The excellent
exhibit of earnings so far this year and the good impression
created by the Reading answer in the Arnot suit have had
much influence; but beyond these matters there is a feel­
ing that whether the recent leases are sustained or not, the
anthracite coal business will be held more closely and the rail­
roads will not compete as sharply as heretofore. The new
Chesapeake & Ohio 4% per cent general mortgage bonds have
come on the list and sold Thursday at,82-82%. There have not
been large sales of other bonds, but prices are generally steady,
and there are indications of rather more confidence among
buyers, which may lead to firmer prices.
Railroad and Miscellaneous Stocks.—The stock market
has been only moderately active since our last report, and
there has been no development of news to cause movements in.
special stocks. There is a better undertone throughout, and
one stock after another makes a quiet advance, apparently
under a greater confidence in its merits. Reading has been a
leader in activity and closed at 59%, with strong buying on
Thursday for the same reasons affecting the income bonds as
mentioned above. The other coal stocks have also been strong,
and the report that N. Y . Central parties will have a
representation in the Del. & Hud. Board (whether correct or
not) has been one of the causes for greater strength in aU the
coal-roads stocks. Erie has been touched by the same influ­
ences, and also Ontario & Western and N. Y . Susquehanna &
Western, as all of these are coal roads to a greater or less
extent. Richmond Terminal stock and trust certificates have
not shared in the activity of the bonds under the improved
prospects for the plan, and the closing price of the stock was
W
The Lake Erie & Western stocks have been stronger,
on a'possible increase in the preferred stock dividend to 5 per
cent a year. American Cotton Oil has been strong, closing at
41%. National Cordage was depressed for a time by a suit o f
an ex-employe in New Jersey to enjoin the payment of d iv i­
dends, but afterward recovered on the president’s denial of
the charges brought. American Sugar has been strong on
its better prospects of controlling the trade since the Phila
dfelphia purchase.

A p r il

THE

16, 18S2.]

629

C H R O N IC L E .

NEW YORK STOCK E X C H A N G E — A C T I F S S T O G K S f o r week ending A P R I L 1 5 , a n d since J A N . 1 , 18f>2.
H IG H E ST AND LOWEST PRICES
STOCKS.

Saturday,
AprU 9.

A c tiv e K it . S to c k s .
363s 373s
A toM son T op. & Santa F e —
4%
*4
A tla n tic & P a cific...................
98% 98%
B altim ore & O hio...................
Canadian P a cific...................... *87*2 88 %
Canada S ou th ern .................... 6034 6118
C entral o f New Jersey............ 137% 138
Central P a cific.......................... •*30% 31ifl
24%
24
Chesapeake & O., v ot. tr. cert.
61% . 61%
Do
do
1st p rêt___
43
43
Do
do
2d p re f........
Chicago & A l t o n ...................... 148 150
108% 109
Chicago Burlington & Quincy.
*6212 64%
Chicago & Eastern Illinois—
Do
p ref. *90 100
79%
Chicago M ilwaukee & St. Paul. 79
Do
p ref. 123 124
Chicago & N o rth w estern ....... 11978 120%
Do
p ref.
87
87
Chicago B ock Island & Pacific.
Chicago St. Paul Minn. & Om. 47% 47%
Do
p ref. *112 116
70% 7 0 78
Cleve. Cincin. Chic. & St. L . ..
Do
p ref.
31% 31%
Colum bus H ocking Yal. & Tol.
Delaware & H u dson ................ 144% 145%
Delaw are Lackawanna &West 159 159%
D en ver & B io G r a n d e ............
52% 5 2 78
Do
p ref.
6%
6%
E ast Tennessee Ya. & G a ..
50
Do
1st p ref. *40
*12
16
Do
2d p ref.
E vansville & Terre H a u t e .... 126% 127%
*136 140
G reat Northern, p re f..........
104% 10 5
Illin ois Central.....................
*10% 12
Io w a Central........................
47
Do
p ref. *44
253s 253a
Lake E rie & W e ste rn .........
76% 76%
Do
p ref.
Lake Shore & Mich. Southern, 13178 132%
L on g Islan d ............................... 101% 10 2%
74% 74%
L ouisville & N ashville............
25% 25%
L ouisv. New A lb. & C hicago..
Manhattan Elevated, consol. 124 125%
110 112
M ichigan Central....................
M ilwaukee Lake Sh. & W est.. *90 .........
Do
p ref. 130 140
10%
M inneapolis & St. L ou is......... *10
Do
p ref. *21% 23
*16% 17%
M issouri Kansas & T exas —
Do
p ref. *28% 29
59% 603s
M issouri P a cific...................
36% 36%
M obile & O hio......................
88
N ashv. Chattanooga&St.Louis *86
114% 114%
New Y ork Central & H udson.
New Y ork Chic. & St. Louis .. *18% 19%
*74
77
Do
1st pref
*38
41%
Do
2d p ref
New Y ork Lake Erie & West’ n 30% 30%
73% 73%
Do
p ref
39% 40%
New Y ork & N ew England
N ew Y ork N ew H av. & Hart 230 240
19% 19%
N ew Y ork Ontario & W estern
12% 12%
New Y ork Susquehan. &West,
57% 57%
Do
pref.
*14
14%
N orfolk & W estern..................
50
50
Do
pref.
22
22
Northern P a c ific ......................
61% 61%
Do
pref.
Ohio & M ississippi...................
35
Ohio S ou th ern .......................... *25
O regon B ’y & N avigation Co. *86% 88
Oregon Sh. L iD e& utah North
19
19
P eoria D ecatur & Evansville,
55
551
Pliila. & Bead., vot. trust, cert.
24% 24%
P ittsburg Cinn. Chic. & St. L.
Do
nref.
41
P itts. & W e s t , pref. tr. certs. *38
11
10
B iohm ond& W estP’tTerm inal
*54
59
Do
pref
B io Grande W estern..............
Do
p ref
Borne W atertown & Ogdensb ‘111 l i l t
*8%
9
8t. Louis S outhw estern....... .
Do
p ref *173s 18
*45
46
Bt. P ani & D uluth...................
Do
p ref. ‘ 103 1041
Bt. P aul Minn. & M a n itoba ... 112 112
Southern P acific C o.................
T exas & P a c ific ........................
T oledo A nn A rbor & N. M ich. *23% 25
53
T oledo & Ohio Central............ *49
85
Do
p re f. ‘ 83
U nion P a c ific .....
..............
21
U nion P acific D enver & G u lf. *20
W a b a s h ..................................... *12% 13
Do
p ref.
W heeling & Lake E rie. . . . . . . .
Do
p re f.
17
17
W isconsin Central Co..............
m is c e lla n e o u s S to c k s .
A m erican Cotton OU C o.........
39
75% 76
Do
p ref.
93%
Am . Sugar B ef. C o ...................
Do
p r e f.
97% 98
C hicago Gas Co., trust re c’ts.
76% 77
C olorado Coal & Iro n ..............
3 1 78
Consolidated Gas Co................ 11 0 %
D istilling & Cattle Feed’ g Co.
46%
E dison General E lectric......... *98%
N ational Cordage Co .............. 101%
Do
p re f. 109
N ational Lead C o.....................
33
33
De
p re f.
8478 85
N orth Am erican C o.................
14
Oregon Im provem ent C o ....... *23% 27
*35% 36%
P a cific M a il...........................
57%
P ipe Line Certificates § ..........
P ullm an Palace Car C o.......... 194 195
86%
Büver Bullion C ertificates.. . .
44%
Tennessee Coal & I r o n ...........
Do
p re f. '102 110
90
89
W estern U nion T elegrap h ___

Monday,
AprU 11.

W ednesday,
A pril 13.

36% 36%
35% 36%
37
*4%
4%
4%
99
98% 98 7s 98% 99
89
88% 887s *88% 89%
*60% 61%
6 0 78 61
61%
1383s 138% 138% 140%
139
31%
*31
24% 24%
24% 24%
24% 24%
62
61
61
61
61% 62
43
43
43
42% 42% *42
148 150
150 150
‘ 148 150
108% 109
1087s 1093s 108% 109
*62% 64% *62% 64% *62% 64%
99
98
98
98
99%
79%
79
78% 79%
"79% 80
123% 123% 123% 123% 123% 123%
120 % 1203s 119%. 120% 120 120%
143 143
86% 87%
86 % 87
86% 87%
47% 47%
47% 47%
47% 48
112 116
*112 116
‘ 112 116
70
70% 71
70 7a 70% 70%
35%
*4%
985s
*88
61
138%

31% 31%
31
31%
145 146% 146% 147%
160 161
159% 160
18
18
18% 18%
523s 523s
52% 52%
5%
5%
6
6
*38
45
*38
50
15
3 5%
*15
17
130 130
130 130
‘ 136 140
‘ 136 140
‘ 105 106
105 105
11
11
*10% 12
......... 46
44
44
2538 25% *25% 25%
76% 7 6 78 7 6 78 7678
132% 133% 132% 1333s
101% 101%
*100 102
743s 75
75
75%
25
25%
25% 25%
123% 125% 121% 124%
110 1 1 0 % ’' 110 111
*90 .........
*94
130 140
*130
L40
*10% 11
10% 10%
22% 23% *22% 23%
16% 16%
*16% 17%
*28% 29
*28% 29
60%
59% 60 %} 60
37
37%
*37% 38
86
88
*86
88
114% 115% 114% 114%
*18% 19%
*18% 20
74% 74%
*73
77
39
39
41%
*39
3 0 78 31%
31%
31
73% 73%
73% 74
38% 39%
38% 40%
'232
*232
19%
1938
19% 19%
12% 12% *12% 12%
58
58
*57% 58
*14% 14% * 1 4 % 1 4 %
49%
49%
50
50
22
22
22
22
613s 6 1 %
61% 62
30
*85%
27%
19%
55%
25
62
*69%
9%
*54%

30
88
28
19%
56%
25
62
40%
10%
59

*22%
27%
*85
*27
19
56
*24
*61
39%
9 7s
55%
38
*70%

24
28%
88
28%
19
56%
26
63
39%
10%
55%
38
72

110% l i l i
111 111
83s
83s
8%
*8%
16%
16%
*17
17%
45
45
45% 45%
105% 105% 1 0 5 1 0 5
112 112% 112% 112%
37%
375s
37% 37%
1 0 3 8 10 3g
10% 10%
*24
25
*23% 25
*48
52
49
49
*81
85
86
*81
4 5 3 8 4 5 78
45% 46%
*19%
21
*20
21
*12% 13% * 1 2 % 1 3
27%
28%
28% 28%
32%
333a
32% 33%
74%
74
74
74%
17
17
16% 16%
39%
76
93%
97%
76%
32
111
46%
*98%
102
109%
33%
84%
14%
*22
35%
58
194
87%
44%
*102
90

3 9 78
76%
94%
97%
77%
33%
113%
46%
100
104%
110%
-3378
85
14%
28
3 5 78
58
195
87%
45%
110
90%)

* These are the prices bid and ask ed ; no sale m ade




Tuesday,
A p ril 12.

39% 40%
76% 77%
9438 95%
97% 97%
76% 77
32
32%
113 114%
46% 47%
*99% 100
103% 104%
110% 11138
33
33
84% 84%
14
14%
*22
27
35% 35%
57
59
194% 194%
86% 86%
45% 45%
'102 110
90% 9 0 78

Thursday,
AprU 14.

Friday,
A p ril 15.

3 6 78 37%
*4%
4%
98% 99%
*89
90
613s 61%
14 078 143
31% 31%
24
24%
62%
62
42 % 43
‘ 148 150
108% 10878
*62% 64%
98% 98%
79% 79%
123% 12378
120 % 120%
86%
*47%

87%
48%

70%

70%

31% 31%
147 149%
160% 163%
52% 52%
5%
5%
45
*35
13% 13%
120 130
136% 139
104% 105
11% 11%

w

o
W
b

p
«

27
*85%
*26
*19
56%
*23%
*61
*38%
9 78
55%

27%
88
28
20
58
25
63
40
10%
57

*85
*26
*19
58%
25%
*61%
*38
10%
57

86
29
19%
59%
25%
64
39
10%
57%

110% H Ì % *110% 111%
9
*8%
9
*8%
*16% 17% *16% 17%
45
45
45
45
‘ 104 105% *103 105%
112% 112% 113% 113%
37% 37 %
37% 37%
10% 10%
10% 10%
24% 24%
24
24
52
*49
52
*48
85
*81
85
*81
46
46%
45% 46
*19% 21
*19% 21
12% 12%
*12% 12%
28% 28%
28%
28
3234 33%
32% 33%
74% 74%
74
74%
17% 17% *17% 18
3 9 78 40%
77
78
95% 97
97% 98%
76% 77%
32% 33
11378 114%
46% 47
*99 100
100% 103
109 110%
33% 34
84% 84%
*14% 14%
*22
27
35% 35%
59%
57
194 194
*86% 86%
44% 45%
*102 110
90% 90%

40%
77%
96%
97%
77%
31%
113%
46%
*100
102%
109%
33%
85
14%
*22
36%
57
193%
*86%
45
*102
90%

§ Prices from both E xchanges,

41%
78%
97%
97%
78%
32%
114
47%
101
104
110
33%
85%
14%
28
36%
58
194
87
45%
110
91%
x E x dividend.

Bales
o f the
Week,
Shares.

B ange o f sales in 1892.
H ighest

Low est.

55,064 3 5 % l p r . 4 46% Jan. 4
5% Jan. 2
4% Apr. 5
8,841 95% Mar. 9 101% Mar. 12
300 86% Mar. 22 94% Jan. 12
1,230 58% Jan. 19 64% Mar. 5
11,699 111% Jan. 19 145 Feb. 29
210 30% Mar. 21 35 . Jan. 4
3,496 23 A p r. 1 28 Jan. 14
1,366 59 Jan. 9 64% Jan. 16
1,526 38% Jan. 9 43% Feb. 17
100 139 Feb. 4 150 A pr. 12
16,720 103% Feb. 24 110% Jan. 28
62% Mar. 28 70 Jan. 2
537 98 Jan. 20 104 Feb. 11
63,360 75% A pr. 2 83% Jan. 7
774 120% Jan. 19 12878 Mar. 5
8,616 11478.1an. 19 12178 Mar. 5
20 141% Jan. 12 145% Jan. 28
g,225 84% Apr. 2 94% Jan. 7
716 44 Jan. 19 5078 Jan. 29
108% Jan. 20 117% Mar. 5
2,506 68% A pr. 2 75 Jan. 7
95 Jan. 15 99 Mar. 7
2,000 29% Jan. 19 33% Feb. 18
1227«J a n . 8 149% Anr. 7
46,370 138% Jan. 19 1
200 1678 Feb. 4 19% Jan. 2
320 45 Jan. 8 54 Mar. 9
9% Jan. 7
5% A pr. 14
1,723
40 Mar. 24 51% Jan. 11
20 Feb. 29
2,446 13 Apr. 7
Apr. 11
2,600 x l l 9 % Jan.15 1
Mar. 17
390 119 Jan. 22 1
_
Jan. 5
710 103% A pr. 6 1 _
15% Jan. 4
600 11 A pr. 2
6 46 Jan. 2 56% Feb. 13
, 20,700 20% Jan. 19 27% A pr. 14
8,460 69% Jan. 5 79 A pr. 14
Mar. 5
12,195 120 Jan. 191
_
Mar.
200 95 Jan. 18 3 _
29,500 71% Apr. 1| 84% Jan.
2,113 2 3 7s A pr. 4| 31 Jan.
15,632 104 Jan. 21
1,345 104 Jan. 20 ___ Mar.
92% Jan. 6 94 F eb.
128% Feb. 24
8 Feb. 25 10% Jan. 7
330
450 18 Mar. 5 24 Jan. 7
105 15% Mar. 29 20% Jan. 13
605 27 Apr. 4 33% Jan. 13
8,466 57% Apr. 2 65% Jan.
205 34% Ján. 27 42% Jan.
85 Mar. 29 90 Jan. 14
5,554 112% Jan. 19 L19% Mar. 5
18% Mar. 31 22% Jan.
160 74% Apr. 12 81% Jan.
350 38 A pr. 1 45 Jan.
49,425 29% Apr. 2 34% Jan.
1,710 70% Ján. 19 77% Mar.
79,340 36% A pr. 6 59 Mar.
75 224 Jan. 15
24,775 18% Feb. 5 23% Feb. 11
960 10% Jan. 4 14% Feb 15
1,290 41% Jan. 2 60 Mar. 14
14% Feb. 25 18 Jan.
Ì.Ò6Ò 49 Feb. 1 56 Jan. 4
1,275 21% Mar. 25 26% Jan. 2
25,675 60% Mar. 26 72% Jan. 2
21 Feb. 11 24 Jan. 5
700 19 Jan. 12 37% Mar. 23
85 Jan. 20 91% Jan. 28
200 25% Mar. 28 33% Jan. 4
300 18% Apr. 1 2 2 78 Jan. 4
254,800 38 Jan. 19 65 Feb. 11
425 23% Apr, 4 30% Jan. 5
433 60 Apr. 1 6738 Jan. 5
100 39% Jan. 4 43 Jan. 7
8% A pr. 6 17% Feb. 12
63
1,953 50 Apr. 6 79 Feb. 16
37 Mar. 2 41 Jan. 5
100
68 Feb. 26 7 4 Mar. 11
120 110 Jan. 19 L12% Jan. 4
7 78 Apr. 1 11% Jan,
100
40 16 Mar. 30 22% Jan,
450 42 Mar. 26 4S78 Jan,
235 103 Jan. 19
2,468 13 2 Feb, 25
1,500 37 Apr. 5 41% Jan.
9% Feb. 10 14% Jan.
590
200 23 A pr. 1 2 7 78 Feb.
100 46 Jan. 28 52% Feb. 13
83 Jan. 12 88 Feb. 11
23,070 42% A pr. 4 50% Jan.
19% Mar. 31 25 Jan.
4GC 11% A pr. 1 15% Jan.
5,45C 26% Apr. 1 33% Jan.
4 ,I l f 32% Mar. 19 40% Jan.
2,06( 73% Apr. 2 80% Jan.
375 16% Mar. 29 21% Jan.
28,476 32%
6,025 63%
44,302 78%
2,325 90
22,175 71%
4.700 30%
10,244 102
14,855 44%
88%
36,94C 92%
10,544 100
l,7 0 i 30%
1,995 81
1,505 13%
24
1,35C 35
179,00C 52%
425 184
96.00C 85%
3,000 40%
92
46,870 82

Jan.
Jan.
Jan.
Jan.
Jan.
Apr.
Jan.
Mar.
Jan.
Feb.
Jan.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Jan.
Mar.
Jan.
Feb.
Jan.

19
19
19
19
2
5
15
9
15
13
4
24
24
24
25
28
21
4
28
19
23
19

41% Apr.
78% Apr.
101 % Mar.
9 9 78 Mar.
81% Feb.
39% Jan.
114% Feb.
67% Jan.
104 Feb.
104% A pr.
114% Feb.
39 Jan.
86 % Feb.
1878 Jan.
29% Jan.
40% Jan.
64% Jan.
195 Mar.
95% Jan.
50% Mar.
106 Mar.
A pr.

14
14
23
23
12
11
6
7
5
12
3
4
11
4
4
4
12
22
4
10
15
14

630

THE

C H R O N IC L E .

[VOL. L IT .

BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES.
S h a re P r ic e s — n o t P e r C e n tu m P r ic e s .

A c tiv e S to c k s ,
f Indicates unlisted
Atch. T. & S. F e (B oston). 100
B altim ore & Ohio (B a lt.).100

2 d preferred

“
100
B oston & A lban y (B oston ). 100
B oston & L ow ell
** ' 100
B oston & M aine
u
100
Oentral o f Mass.
“
100
P referred
“
100
Ohlo.Bur.&Quin.
“
100
Ohio. Mil. & S t.P . (P H I.). 100
Ohio. & W. Mich. (Boston) .100
Ctteve. & Canton
*f
100
“
100
P referred___
F itchburg pref.
“
100
FI. & P ere Marq.
“
100
P referred
“
100
H unt. & Br. Top. (Phila ) . 50
P referred
“
50
L ehigh V alley
“
50
M exican Central
“
100
N. Y . & N. Eng.
“
100
*fl
100
P referred ___
N orthern Central (B a lt.). 50
N orthern P acific (P hila.) .100
P referred
“
100
Old C o lo n y .. . . (B oston ). 100
P enn sylvania.. (P h ila .). 50
Philadel. & E rie.
“
50
Phila. & R eading
“
50

*

M onday,
A p ril 11.

36%
■
*4
*98%

35%

36%

99

99

*99

»
*203
174
169%
*15%
*32%
108%
79
*53%
*5%
19%
87%
*.........
86
34
54
58

204
174
169%
16%
34%
109%
79%
55
6%
19%
87%
28
86
34%
54
58%

12 2

*120

*120

37%
99
138

203 203
*173% 174
169 169
*16
17
34%
*33
10 8 % 1 0 9
79% 79%
*53% 54%
*5%
5%
*19
87% 87%
*
28
85% 86%
33%
33
*53% 54
57% 57%
*1 14.L, 118
*19
39% 40%
97
97
Ÿ
......... 69%
*21% 22%
61% 61%
173 173
56% 57%
* ..
39%
279ie2711i«

45
U nion P acific
• “
100
United C os.of N.J. (Phila.)100 *225
*8%
WeatornN. Y. &Pa (Phila.) . 100
m is c e lla n e o u s S to c k s .
A m .8ug’rRefln.1[ (B oston).......
P referred.........
“
___
B ell T elep h on e..
f*
100
Bost. & M ontana
“
25
Butte & B o sto n ..
**
25
Oalumet & H ecla
“
25
Oanton C o........... (B a lt.).100
Consolidated Gas
“
100
Erie Telephone (Boston) .100
Lam son Store Ser. “
50
Lehi’hC oal& N av 'F h il.j 50
N.Eng. Telephone (Bost’n)lOO
N ortlf A m erican. (P h il.). 100
Thom son-H’n El. .(B ost’n) 25
Preferred........... "
25
W est E nd L a n d ..
“
___
* B id and asked prices;

93%
97%
199
42%
1434
275
*66
53%
46%
*16%
53%
*51%

45

9
94

98
200
43
15
275

59%
28%
39%
no sale

Inactive Stocks.

53%
46%
53%
53
59%
28%
19%
was

Bid.

Ask.

100 201 205
25
32% 33
100 194 195
25
25 170 175
100

§ A nd accrued interest.«




36
4%

36%

36%
4%

100

*99

12 2

203% 204
174 174
169% 169%
15% 15%
33
33
108% 109
79% 79%
*52
55
*5 %
*19
87% 88
*24
28
86%
86
34%
34
*53% 53%
58%
58
*112
38% 18%
38% 39%
95% 96%
*68% 69%
*21%
61% 61%
174 174
57% 57%
39% 40
279ie 281ie

94%
93% 94%
97%
97% 98
198
198 200
42
42% 42%
14%
14% 14%
275
275 275
*.........
72
*67
52%
52% 53%
46
46
46
16% 16%
16%
54%
54% 54%
52%
*52
53
14%
34% 14%
59%
59% 59%
28% 28%
28%
19% 19% *19%
made.

Prices o f A p ril 14.

Preferred guar. 10
“
Osceola M ining______(Boston).
Pullman Palace C ar..
“
Quincy M ining...........
“ s
Tam arack Miniusr___
“
T hom son Ele. WeldV.
“

35%

12 2

*120

203%
174
169%
15%
*32
108%
79%
*52%
5%
19
87%
*27%
86
*34%
*53%
58%
*116
*18%
19
19%
39
40%
37%
95
97
97
*
*68%
69%
22%
22% 22%
61%
61% 61%
173%
173% 173%
56%
57%
57
39%
39% 39%
28%
2 7 iB 28%
i«
*5
45 %
45% 45%
45% 46%
220*2 225*2 226
*225%
*8%
*8%
*8%
8%
8%

85
90
A tlanta & Charlotte {B alt.).100
B oston & P rovidence (Boston). 100 250 253
27
Camden & A ta n ticp f. (Phila.). 50
Gatawissa.......................
“
50
8%
62
1st p referred .........
“
50
2d p r e f e r r e d .......
“
50
61%
59
Oentral O hio................
(Balt.). 50
55
Chari. Col. & Augusta
“
100
Connecticut & Pass. (Poston) .100 ïié% 119%
C onnecticut R iv e r ...
“
100
D elaware & Bound B r.(P/w ?a.).100
H ar.Ports.M t.Joy& L.
“
50
80
Kan. C’y Ft. 8. & Mem. (Boston). 100
45
P re fe rre d .....................
“ 100
115
K. City Mem. & B irm .
“
100
15
21
L ittle Schuylkill....... (Phila.). 50
68
69
M anchester & L a w .. (Boston). 100
M aryland Central___
(Balt.) 50
69% 70
Mine H ill & 8. H aven (Phila.). 50
Nesquehon ing V al___
“
50
52% 53%
Northern N. H ............ (Boston). 100
84%
North P ennsylvania. (Phila.). 50
Oregon Short L in e. . . (Boston) . 100
26% 27%
(Balt.) 50
P arkersburg................
Pennsylvania & N. W . (Phila.) 50
Raleigh & G a s t o n ....
(Balt.) 100
R utlan d.........................(Boston). 100
P referred.................
100
65
68
Beaboard & R oanoke. (Balt.) 100
1st preferred............
“
100
W est E n d ................... . , (Boston). 50
71*2 72
P re fe r r e d ...............
“
50
86 % 8638
59
W est J ersey....... .........(P hila.). SO
W est Jersey & A tlan.
“
50 19%
W estern M aryland..
(Balt.). 50
18%
15
Wilm. Col. & A ugusta
“
100 110
W ilm ingt’n & W eldon
“
1Q0
■ isconsin C entral. . . (Boston). 100
W
17% 17%
Preferred.....................
“ 100
W orc’st.Nash.&Roch.
“
100
MISCELLANEOUS.
A llouez M ining.........(Boston). 25
1
80c,
12%
A tlantic M ining........
“
25 12
City Passenger R R .. . (B alt.). 25
29% 30
B a y State G a s.. . . . . . . (Boston). 50
B oston L and..................
“
10
6
it
Centennial M in in g ...
10
9% 10%
it
12% 12%
25
F ort W ayne ElectricTT
it
Franklin M ining.......
25
15
“
Frenchm ’ n’s B ay L ’nd
5
5%
5%
it
H u ron M ining............
25
it
Illinois Steel ............
100
«
Kearsarge M in in g .. . .
12% 13%
25
(Phila.)
112

V Unlisted.

Tuesday,
A pril 12.

Saturday,
A p ril 9.

W ednesday,
A pril 13.

204
174
169%
I d1
«

33

108%
79 %
55
5%
19
88
28
86
54
58%
19
39%
96
69%
22%
61%
173%
57
39 %
29
45%
226

Thursday,
A p ril 14.
36% 37%
*4%
*99% 100
*1301«
*12 0 % 12 2
204 204
175 175
169% 169%
*15% 16%
*33
34
108% 108%
79% 79%
*52
55
*5 %
19% 19%
88% 89
*24
28
86% 86%
35
35%
53% 54%
58% 58%
118 118
18% 18%
39% 39%
95% 96
*68% 69%
22
22%
61% 62%
173% 174
56% 56%
*39% 40
29 29i31f
*5
45% 46%
*......... 226%
8%
8%

95%
95%
97%
97%
199
199
42
42%
13%
14%
275 *277
72
*65
52
52%
46% *46
16
16%
54%
54%
52%
53
14%
14%
59%
59%
28%
28%
19%
19

97%
96%
98%
97%
199% 199
43
43%
14%
14%
277% *277
73
*68%
53%
53
46
16
*15%
54%
54%
*52%
53
14%
14%
59%
59%
28%
28%
19
18%

Inactive stocks.

Bid.

97%
97%
199%
44
14%
278
72
53%
46
54%
14%
59%
29
18%

Ask.

F riday,
A p ril 15.

Sales
o f the
W eek,
Shares.
27,002

10
10

Jan.
Jan.
Jan.
Jan.
A pr.
Jan.
Feb.
Apr.
Feb.
Feb.
Feb.
Jan.
Feb.
Feb.
Jan.
Jan.
Jan.
Mar
Apr.
Apr.
Apr.
Ján.
Mar.
Mar.
Jan.
Mar.
Jan.
Jan.

12,682 78%
1,249 90%
848 192
3,481 31
6,078 13%
25 253
60%
1,035 43
133 43%
45 14%
2,167 48%
32 50%
850 14
1,410 49%
1,609 26%
3,245 16%

Jan.
Jan.
Mar.
Feb.
Apr.
Feb.
Jan.
Jan.
Jan.
Feb.
Jan.
Feb.
Mar.
Jan.
Jan.
Jan.

6
605
1,659

w

F
y

34% Apr.
4 Mar.
84 Jan.
116
199
173
159
15%
33
103%
75%
48
5%
19
81%
25
75%
25%
46%
50%
115?
18%
36%
94
68
21%
60%
164%
54%
32
193 1«

64
123
470
23
110
1 6,287
6,700

0

R ange o f sales in 1892.
Low est.

355
2,169
426
2,985
50
700
11,499
980
613
7,075
197
12,094
1,034
111,675
3,303
19
30

Highest.

2 46% Jan.

9

4

6 100% Mar. 15
12 135 PVt) 1 5

18 120% Mar. 9
8 209 Mar. 9
5 175% Feb. 4
28 172% Mar. 21
12 18 Jan. 8
2 38 Jan. 9
24 110% Jan. 28
2 83% Jan. 7
25 55 Mar. 31
17
8 Feb. 12
20 23 Jan. 4
19 89 A pr. 14
29 28% Mar. 25
13 87 Apr. 6
27 35% Apr. 14
21 54% Mar. 3
13 62% Feb. 11
1±
2 24% Jan. 4
6 58% Mar. 3
6 114% Jan. 9
19 69% Mar. 16
25 26% Jan. 5
26 72% Jan. 2
5 174 Apr. 12
9 57% Jan. 2
29 40% Mar. 3
19 34% Feb. 11
7 Fftfr 15
42% Apr. 4 50% Jan. 4
x223% M ar 24'226% Feb. 27
8 Jan. 19 10% Feb. 18

Bonds.

18
18
29
5
13
5
4
5
2
8
19
2
24
19
20
29

101%
100
210
45%
17%
281
67%
53%
47
17
55%
53
18%
62%
29%
20

Mar.
Mar.
Jan.
Mar.
Jan.
Mar.
Mar.
A pr.
Ján.
Jan.
Feb.
Feb.
Jan.
Feb.
Feb.
Mar.

24
25
15
23
5
21
30
9
7
4
15
29
2
9
9
14

Bid. Ask.

12
Penna. Consol. 5s, r ........ 1919, Var 111%
Collat. Tr. 4% g ...........1913, J&D 109
28% Pa. & N. Y . Canal, 7 s .. .1906, J&D 125
114
Consol. 5 s..................... 1939, A&O
Bonds—Boston.
_
_
82% 82% Perkiom en, 1st s e r .,5 s .l9 1 8 , Q—J 103%
A t.Top.& 8.F .100-yr.4g.,1989, J&J
100-year incom e 5 g., 1989.Sept.
59% 59% Pnila.& E rie gen. M. 5g.,1920, A&O 112
Burl. & Mo. R iver E x em p t 6s, J&J
Gen. m ort., 4 g ...........1920, A&O 100
117
N on-exem pt 6 s............ 1918, J&J
88 %
107% Phila & Read, new 4 g., 1958, J&J
88
Plain 4 s .......................... 1910, J&J
1st pref. incom e, 5 g, 1958, Feb 1 75% 75%
68 % 68 %
2d pref. incom e, 5 g, 1958, Feb. 1
Chic. Burl. & Nor. 1st 5,1926, A&O 103 103%
3d pref. incom e, 5 g, 1958. Feb. 1 59% 59%
2d m ort. 6 s . . . ............. 1918, J&D 103 103%
Debenture 6 s.............. 1896, J&D
2d, 7 s.................. ..... .1 8 9 3 , A&O 103%
103
Chic. B url.& Quincy 4 s ..19 22,F&A
92
Consol, m ort. 7 s ..........1911, J&D 131%
Iow a D ivision 4 s ....... 1919, A&O
92
Consol, m ort. 6 g ..........1911, J&D
Chic.&W .Mich. gen. 5s, 1921, J&D
Im provem en tM .6 g., 1897, A&O 104
98% 99
Consol, o f Verm ont, 5 s .1913, J&J
C on.M .,5 g.,stam ped,1 9 22,M&N 105
95% 95%
89
Phil. Wilm. & Balt., 4 s .1917, A&O
97
Current R iver, 1st, 5 s ..1927, A&O
Det. Lans. & Nor’n M. 7 s . 1907, J &J
108% Pitts. C. & St. L., 7 s . . . . 1900, F&A 115 116
E astern 1st m ort. 6 g., 1906, M&S
P o’keepsie Bridge, 6 g .1936, F&A
64%
124
Eree.Elk. &M. V .,lst, 6S.1933, A&O 122 122 % S chuyl.R .E .S ide,lst5 g.1935, J&D 108%
S teu ben .& Ind .,lstm .,5s.l914, J&J 106%
U nstam pedlst, 6 s___ 1933, A&O §120
United N. J., 6 g ............. 1894, A&O 103%
K.C. C.& Spring.,1st,5g.,1925,A&O
90
W arren & Frank.,1st,7s,1896,F&A 108%
K. C. F. S. & M. con. 6s, 1928, M&N §107
K.C. Mem. & B ir.,lst,5s,19 27, M&S
61
B o n d s .—B a l t i m o r e . __
Atlanta & Chari., 1st 7s, 1907, J&J 117
K.
C. St. Jo. & C. B ., 7 s .. 1907, J&J
,120
Incom e 6s................... 1900, A&O
96 101
L. R ock & Ft. S., 1st, 7 s .. 1905, J&J
97
95
B altim ore & Ohio 4 g ., 1935, A&O
Louis.,Ev.&St.L.,1st,6g.l926,A & O ¡108% 109
100
P itts. & Conn., 5 g ...l 9 2 5 , F& A
93% 94
2m., 5 - 6 g ................. 1936, 4.&0
Staten Island, 2d, 5 g .1926, J&J
Mar. H. & Ont., 6s....... 1925, A&O 100 %
95
B al.& O h ioS .W .,lst,4% g.l990, J&J 105 105%
E xten. 6 s . . . ................ 1923, J&D ¡ 100 %
M exican Central, 4 g . . .1911, J&J
69% 69% C apeF .& Y ad.,S er.A .,6g.l916, J&D
97
98
Series B ., 6 g . . ............. 1916, J&D
96%
1st consol.incom es, 3 g, non-cum.
35
Series C., 6 g . . . ..... ..1 9 1 6 , J&D
98%
2d consol, incom es, 3s, non-cum .
20
101
Cent, Ohio, 4% g .......................1930,M&S
N. Y . & N.Eng,, 1st, 7s, 1905, J&J il 19 120
Chari. Col.&Aug. 1st 7 s .1895, J&J 103% 104
1st m ort. 6 s..................1905, J&J 111
104
G a.Car. & Nor. 1st 5 g ..l9 2 9 , J&J
2 d m o rt. 6 s ..........„...1 9 0 2 , F&A 104%
North. Cent. 6 s .........;...1 9 0 0 , J& J 112% 114
2d m ort.,scaled , 5 s ... 1902, F&A
6s..................
1904, J&J 117% 120
Ogden. & L. C .,C on .6s.l92 0,A & 0§ ! 105
Series A , 5 s...............1 9 2 6 , J&J 109%
Inc. 6 s.......................................1920
35
4 % s ______
1925, A&O 100
Rutland, 1st, 6 s.........1 9 0 2 , M&N !110
O xf. &Clark. ,int. gu. ,6 g.1937,M&N
2d, 5s........................... 1 8 9 8 ,F&A >100
P iedm .& C um .,1st, 5 g . 1911, F&A
100
,,, Bonds.—Philadel ihia
Pitts. & Connells. 1st 7s. 1898, J&J 114 114%
A llegheny V al.,7 3 10s, 1896, J&J 110%
A tlantic City 1st 5s, g., 1919, M&N 105
Virginia Mid., 1st 6 s . ..1906, M&S 112
2d Series, 6 s...............1 9 1 1 M&S 111 % 112 %
Belvidere Del., 1 s t ,6 s .. 1902, J&D 112
3d Series, 6 s ................1916, M&S
Catawissa, M., 7 s ......... 1900, F&A 116%
108
4th Series, 3-4-5s.......1921, M&S
Char. Cin.& C h ic.lst 5g, 1947, Q—J
65 | 8 0
5th Series, 5 s .............. 1926, M&S
Clearfield & Jeff., 1st, 6 s .1927, J&J 118
100
Connecting. 6 s.........1900-04, M&S
W est Va. C. & P. 1st, 6 g. 1911, J&J
108
West’ s. V.C, Consol. 6 g .19 14, J&J
D el. & B’d B r ’k, 1 s t ,7 s .1 9 0 5 ,F&A 127
Easton & Am . lstM .,5 s.l9 2 0 ,M & N 109
W ilm. Col. & A ug., 6 s .. 1910, J&D
119%
MISCELLANEOUS.
Elmir. & W ilm ., le t, 6 s .1910, J& J. 120
Hunt. & Br’d T o p ,C on .5 s.’95,A&O 101 %
Baltim ore—City H all 6 s. 1900, Q—J
Lehigh N av. 4% s........... 1914, Q—J 109
F u n d in g 6 s.................. 1900, Q—J
2d 6s, g old ....................1897, J&D 111 111 %
W est Maryl’d R R . 6 s .. 1902, J&J
General m ort. 4%s, g .l9 2 4 ,Q —F 10 1 % 101%
W ater 5 s ............ ........1916, M&N
Lehigh V alley, 1st 6 s ...1898, J&D 113%
Funding 5 s............................. 1916,M&N
E xchange 3% s...........1 9 3 0 , J&J 101 % 102
2d 7 s . . . . . ................ ...1 9 1 0 , M&S 133%
Consol. 6 .......................1923, J&D 129% 130
Virginia (State) 3s, n ew . 1932, J&J
71%
North Penn. 1st, 7s___ 1896, M&N 113% 114% Chesapeake Gas, 6 s....... 1900, J&D 108%
Consol. Gas, 6 s..........
1910, J&D 113%
Gen. M „7s..................1 9 0 3 , J&J 129%
5 s ...................................1 9 3 9 , J&J 100
Pennsylvania gen. 6s, r..l9 1 0 , Var 130
O n n a o l. fis. c
_ . 1 0 0 5 . V a r 122
Emiitable Ria«. Ra....... 1013. A&O 107%

Thom.Europ.E.WeldTT (Boston) 100
“
100
W ater P ow er..............
W esting. El. tr. rec.1I
“
50

1 Last price this w eek

10

28

A pbil 16, 1892.]

THE

C H R O N IC L E ,

NEW YORK STOCK EXCHANGE PRICES (Continued).— ACTIVE BONDS
Glos’ng Range (sales) in 1892
Price
Apr. 14
Lowest.
Highest.

R a il r o a d an d M iscel . B onds,

Am er. Cotton Oil, deb., 8 g.1900 Q - F
ALTop.& S.F.—1 0 0 -y r.,4 g .l9 8 9 J & J
100-year in c o m e ,5 g ....... 1989 Sept.
A.tL & P ac.—Guar, 4 g ___ 1937
W.D. inc., 6 s .....................1910
B rookl’n E levat’d 1st, 6, g .1 9 2 4
Can. South.—1st guar., 5s 1908
2d, 5 s.................................. 1913
Cent. Ga.—8 &W . ls t c o n .5 s ,’ 29
Central o f N. J.—C on s.,7 s.1899
Consol., 7 s ........................ 1902
General m ortgage, 5 g ..l 9 8 7
Leh. &W .B., con. ,78, as’d . 1900
do. m ortgage, 58.........1912
A m . D ock & Im p., 5 s . . . . 1921
Central Pacific—G o ld ,6 s.. 1898
Ohes. & Ohio—M ort., 6 g ..l9 1 1
1st c o n so l.,5 g ................. 1939
R .& A .D iv .,lst con .,2-4 g. 1989
_
do
2d con., 4 g . . . 1989
Chic. Burl. & Q.—Con., 7 s .1903
D ebenture, 5 s .................. 1913
C onvertible 5s..................1903
D en ver D ivision, 4 s....... 1922
Nebraska E xtension, 4s. 1927
Chic. & E. 111.—1st,s .f.,6 s .1907
121 a.
Consol., 6 g ........................ 1934
General consol. 1 s t,5 s .. 1937
103%
104%
Chicago & Erie—1st, 4-5 g. 1982
RO
Incom e, 5 s........................ 1982
90%b.
Chic. Gas L. &C.—1st, 5 g.1937
127 b
Chic. Mil. & St. P .—Con.7s. 1905
1st, Southwest Div., 6s. 1909
117* *b'
1st, So. Min. D iv., 6 s___1910
1st, Ch.&Pao. W.Di v., 58.1921
108%
103%b,
Chic. & M o.R iv.D iv., 5 s .1926
Wis. & Minn. D iv., 5 g ..l9 2 1
107% *’
Term inal, 5 g ...................1914
Gen. M ., 4 g., series A . .. 1989
1*1*4%*'
M11.& Nor.—1st, con., 6s.l913
139 b.
Chic. &N.W.—Consol., 7 s .. 1915
Coupon, gold, 7 s...............1902
126 b.
Sinking fund, 6s...............1929
116 b.
Sinking fund, 5s...............1929
0*7%b".
Sinking fund d e b e n - 5 s .1933
107%a.
25-vear debenture, 5 ___ 1909
99
Extension, 4 s...................1926
00
Chic. Peo. & St. Louis—5 g.1928
Chic. R .I. & Pac.—6s, cou p . 1917
126
102 %
E xtension and c o l.,5 s ...1 9 3 4
30-year debent. 5s.......... 1931
96 %b.
Chic. S t.L.& P itt.-Con., 5g. 1932
Chic. St. P. M. & 0 .—6s___ 1930
Cleveland & Canton—5 .. .1917
87 b.
C. C. C. & I .—Consol., 7 g.19 14
132 b.
General consol., 6 g ....... 1934
121 b.
C.C.C.&St.L.—P e o .& E .4 s.l9 4 0
80%
Incom e, 4 s ....... . ...............1990
28 b.
Col. Coal & Iron—6 g .........1900
100%b.
Col. Midland—Con., 4 g .. 1940
70%a.
Col.H.Val.&Tol.—Con., 5 g . 1931
88 %
General, 6 g ...................... 1904
97 a.
Denver & Rio G.—1st, 7 g.1900
118 h
1st consol., 4 g .............. 1936
82 b,
D et.B . City & Alpena—6 g.1913
Det. Mac. & M.—L ’d grants .1911
3*7%a'.
Dul. & Iron Range—5s___1937
97%a.
Dul. So. Sh. & A tl.—5 g ___1937
97
E .T enn .V & G .—Con., 5 g .l9 5 6
92
K n oxville & Ohio, 6 g .. 1925
Eliz. L ex. & B ig San.—6 g .1 9 0 2 ___ ___I........... .
F t. W .& D e n v . City—6 g ..l 9 2 1 J & D 101%
GaLH.&San A n .-W .D iv.lst,5 g. M & N 97%b.
Han. & St. Jos.—Cons., 6s . 1 9 1 1 M & S 116%b.
Illinois Central—4 g ...........1952 A & O
Int. & Gt. No.—1st, 6 g ___ 1919 M & N 126 b.
Coupon, 6 g., trust r e o ..l9 0 9 M & S 76 b.
Iow a Central—1 st, 5 g ....... 1938 J & D (IQ
K entucky Central—4 g ___ 1987 J & J 83 %b.
K ings Co. El.—1st, 5 g ___ 1925 J & J 98%
Laclede Gas—1st, 5 g ___ 19 19 Q - F
81 b.
Lake Erie & West.—5 g ___ 1 937 J & J 110%b.
L . Shore—Con. cp., 1st, 7s. 1900 J & J 122
Consol, coup., 2d, 7 s....... 1903 J & D 122
L ong Isl’ d—1 st, con., 5 g . . 1931 Q - J
General m ortgage, 4 g . 1938 J & D 96 e
Louis. & Nash.—Cons., 7 s .1898 A & O 112%
N.O. & Mob. 1st, 6 g ....... 1930 J & J 120 b.
„ do.
2d, 6 g .........1930 J & J 108
General, 6 g ....................... 1930 1 J & D 115
116% Apr.
Unified, 4 g . . . . ................ 1940 J & J 81
81% Apr.
Nash.Fl.&Sh.—ls t g t d .5 g ’37 F & A 98
101 Jan.
Louis. N.A. & Ch.—1st, 6 s. 1910 J & J 111
112 Apr.
Consol., 6 g ..................... 19 16 _ & „ 100
A
O
103 Feb.
Louis, St. L .& T e x a s—6 g .l9 1 7 jF & A
96% Jan.
Metro. E levated—1st, 6 g . 1908 J & J 117*
118% Feb.
............................ 1899 M & N 108
109% Mar.
Mich. Cent.—1 st,con., 7 s .. 1902 M & N 123%b.
124% Apr.
L onsoL , 5s
.................. 1902 M & N 107%b.
107 Jan.
MLLLakeSh. &W.—1 st,6 g . 1 9 21IM & N 125 b.
127 Apr.
E xten. & Im p., 5 g ,..... 1 9 2 9 F & A 106%
108% Jan.
T,—l8 t 4s>&........ 1990'J & D 81%
81% Feb.
^ d 4 s, e .
..................1990 F & A 50%b.
54% Jan.
“ O. P acific—1st, con., 6 g .1 9 2 0 M & N 109%
109% Apr.
116 Jan.
l a ’J i V i i — T V ...........-.1 906 M & N;115%b.
Pac. o f M o.—1st, e x .,4 g ,1 9 3 8 F & a I .
100 Jan.
2d extended 5s
.1938 J & JH 06%bi
'106 Feb.
N ote —‘ b ” indicates price bid ; “ a ” price ask ed ; the R ange is made

631
A P UTT.

14 , AND FOB YEAR 1892,

„
I
[Glos’ ng a ange (ta les) in 1 8 9 2 ,
R a il r o a d and M iscel . B onds . Infer’«/ P rice ___ —______ ;_________
______________
\Period. \Apr. 14
Lowest. 1 Highest.
Mobile & Ohio—New, 6 g . . 1927 J & D 116 b. 112 Feb. 116% Feb
General m ortgage, 4s. ..1 9 3 8 M & 8 63
6 i% Apr.
67% Jan«'
Nash. Ch. & St.L.—1st, 7 s .1913 J &
128 b .'l2 6 % Jan. 129 F eb
Con., 5 g ............................1928 A & O 104 a. 103% Jan. 106 Feb
N.Y. Central—E xtend., 5s. 1893;M & N 103%b. 101% Jan. 105 M ac;
1st, coupon, 7 s..................1903 J & J 126% d.|123% Jan. 127 A pr..
D eben.,5s, coup., 1 8 84..1 904 M & 8 108%b. 107% Mar. 110 Feb.
N. Y. & Harlem—7 s ,r e g .l9 0 0 M & N 122 b. 120% Jan. 122% Feb.
R. W. & Ogd.—Con., 5 s .. 1922 A & O l l l % b . 112 Apr. 115 F eb N. Y. Chic. & St. L.—4 g . . .1937 A < O 96%
fe
95 Jan.
99 Feb.]
N. Y . Elevated—7s ...............1906 J & J 113 %b. 112 Jan. 114 Feb.
N. Y. Lack. & W.—1st, 6 s.. 1921 J & J
125 Jan. 127% M arConstruction, 5 s...............1923 F & A 110 b. 110 Jan. 110% A p r.
N.Y.L.E.&W .—lst,co n .,7 g .l9 2 0 M & S 136% 134% Mar. 138% F e b Long D ock, 7 s ................. 1893 J & D 105%b. 104% Jan. 305 % A p r.
Consol., 6 g ..................... 1935 A & O 118
117% A pr. 121 Feb.
2d consol., 6 g ..................1969 J & D 107 %b. 106% Jan. 107% Mar.
N. Y. Ont. & W.—1st, 6 g ..l9 1 4 M & 8 I l l
110% Apr. 116 J a n Consol. 1st, 5 g ................ 1939 J & D 104% 100 Jan. 105 Mar.
N. Y. 8 us. &W.—1st ref., 5 g.1937
& J 104%b. 103 Jan. 105% Mar.
Midland o f N .J ., 6 g ___ 1910
& O 115 %b 116% Jan. 119 M arNorf. & W.—100-year, 5 g.19 90
& J 95 a 95 Jan.
95 Jan.
Md.&Wash. D iv.-1 st,5 g.1941
& J 92 %b. 91 Feb.
95 Jan.
North.Pac.—1st,coup., 6 g . 1921
& J 117%b, 115 Jan. 118% Mar.
General, 2d, coup., 6 g ..l9 3 3
& o
112% Apr. 116% M ar.
General, 3d, coup., 6 g ..l9 3 7
& D I10% b 107% .Jan. 110% A pr.
Consol, m ort., 5 g ............. 1989
& D 78%
76 Mar. 80% JanChic. & N .P .—1st, 5 g ...l 9 4 0
& O 77%
76% Apr.
82 Feb.
North. Pac. &M on.—6 g . . . 1938 M & 8 97%b 96 A pr. 103 Feb.
North. Pac. Ter. Co.—6 g .,1 9 3 3 J & J 107 %b 105 Jan. 108% Mar.
Ohio & Miss.—Cons. s.f.,7s .1898 J & J 112%h 111 Jan. 112% F ebConsol., 7 s ........................ 1898 J & J 12%b 110 Mar. 112% F ebOhio Southern—1st, 6 g ...l9 2 1 J & D 110% 106 Jan. 111 Mar.
General m ort., 4 g .......... 1921 M & N 65
62 Jan.
66% MarOmaha & St. Louis—4 g ..1 9 3 7
& J 62 %b, 62% Apr.
62 % A p r.
Oregon Imp. Co. - 1st, 6 g .19 10
& D 101 %b, 101% Jan. 104% Feb.
Consol., 5 g .......................1939
& O 64%
64 Apr.
71% JanO re.R .& N av Co.—1st,6 g . 1909
& J
109% Jan. 111% MarConsol., 5 g ........................ 1925
& D 92 b. 91% Apr.
96 F eb.
Pa. Co.—4% g., cou p on ___1921
& J 106% 105% Jan. 107% F eb.
Peo. Dec. & Evansv.—6 g .. 1920
& J
105% Mar. 110 Feb.
E vansville D iv., 6 g ___ 1920 M & 8
102 Mar. 108 Jan.
2d m ort., 5 g .....................1926 M & N 71
69% Jan.
71% Mar.
Phila. & Read.—Gen., 4 g.19 58 J & J 88
83% Jan.
90 Feb.
1st pref. incom e, 5 g ....... 1958 Feb.
75%
69% Feb.
79 F eb.
2d pref. incom e, 5 g ....... 1958 Feb.
68%
53% Feb.
72 F eb .
3d pref. incom e, 5 g ....... 1958 Feb.
59%
37 Jan.
67 Feb*
Pittsburg & W estern—4 g.1917 J & J 83
80% Jan.
84 F e b .
R ich & D an v.—Con., 6 g . . 1915 J & J 107% 105% Mar. 112 J a n .
C on sol.,5 g ........................ 1936 A & O 76%
77 Apr.
85 Feb.
Rich. &W.P. Ter.-Trust,6 g . 1897 F & A 89%
89 Mar. 100 F e b .Con. 1st & col. trust, 5 g.19 14 M & S 59
52 A pr.
72% Feb.
Rio G. W estern—1st, 4 g .,1 9 3 9 J & J 79%
76% Jan.
80 A pr.
St. Jo. & Gr. Island—6 g ..l9 2 5 M & N 99
95 Jan. 100 M ar.
St. L. A lt. & T. H.—1st. 7s. 1894 J & J 107 b. 107% A pr. 108% Jan.
St. L. & Iron M t.—I s t 7 s ...l8 9 2 F & A 102%b. 101 Feb. 104% Jan.
2d, 7 g .................................1897 M & -N 109%b. 108 Jan. 109% F e b .
Cairo Ark. & Texas, 7 g . .1897 J & D 107% 105 Jan. 109 Mar.
Gen. R ’y & land g r .,5 g ..l9 3 1 A & O 84 b. 83% Apr.
86% M arSt.L. &San Fr.—6 g .,C l.B ,19 06 M & N 113%b. 112 Jan. 115 A p r .
6 g., Class C..................... 1906 M & N 114 b. 112 Jan. 113% Feb.
General m ort., 6 g ...........1931 J & J 109 b. 106% Jan. 110 Jan.
St. L. So. West.—1st, 4s, g . . 1989 M & N 71%
70% Feb.
72% Jan.
2d, 4s, g., in c o m e ............ 1989 J & J 32 %b. 32% Apr.
37% Jan8.P.M.&M.—Dak. E x., 6 g .19 10 M & N 118% 116% Jan,
19 Mar1st consol., 6 g ................. 1933 J & J 120%b 118% Jan. 121 Jan.
do
r e a u c e d t o 4 % g ... J & J 102
97 Jan. 101 A p r.
M ontana E xtension, 4 g.19 37 J & D 87 b, 87% Jan.
89% M ar.
San A . & Aran. P.—1st, 6 g . 1916 J & J 64%b, 65 Apr,
66% Mar.
1st, 6 g .......................... ...1 9 2 6 J & J 64%b. 61 Jan.
66 M ar.
SeattleL.S.&E.—lst.g u . 6.1931 F &
91
90 A pr.
95 % Feb.
So. Car.—1st, 6 g .,e x c o u p .1920
106 b. 106 Apr. 108% Mar.
In com e,6 s..........................1931
16 Feb.
22 Jan.
So. P ac., A riz.—6 g ....... 1909-10 J & J
101 Feb. 105% Mar.
So. Pacific, Cal.—6 g ___ 1905-12 A & O
112% Jan. 116 Mar. "
1st, consol., gold, 5 g ___ 1938 A & O
99% Mar. 102 Mar.
So. Pacific, N. M.—6 g .........1911 J & J 106% 101% Jan.
06% A p r.
Tenn.C. L & R y.—T en.D ., 1st, 6g A & O 92%
89 Feb.
96 M ar.
Birm. D iv., 6 g ................. 1917 J & J 95
9L Jan.
95% M ar.
Tex. & P ac.—1st, 5 g ...........2000 J & D 83%
77% Feb.
84 Jan.
2d, incom e, 5 g ..................2000 March. 31
27 Feb.
34% Mar.
Tol. A. A . & N. M.—6 g .......1924 M & N 101
99 % Mar. 104 Feb.
Tol. A. A. & Gr. Tr.—6 g ___ 1921
& J
110 Mar. 1 1 0 % A pr.
Tol. & Ohio Cent.—5 g ....... 1935
& J 105%b. 102% Jan. ■06 Feb.
Tol. Peo. & W est.—4 g ....... 1917
& J 79%b. 77 Jan.
79% Mar.
Tol. St. L. & Kan. C.—6 g .,1 9 1 6
& D 97
91 Jan.
97% Feb.
Union Pacific—6 g ................1899
& J
110% Jan. 112% Feb.
Sinking fund. 8s................ 1893 M & 8 106%b. 106 Mar. 110% Feb.
Collar, trust 4 % ................ 1918 M & N 73% I 70% Jan.
74% Jan.
Gold 6s, col. trust n otes. 1894 F & A 96%
95% Jan. 100 Jan.
Kan. P ac.-D en . D iv.-6 g .1 8 9 9 M & N 1 1 0 % b .'l0 9 Feb. 111% A p r.
1st consol., 6 g ............... 1919|M & N 112%b. 103% Jan. 113 A p r
Oregon Short Line—6 g ..l9 2 2 F & A 105% ¡105 Feb. 108 Jan.
Or.S.L.&Ut’hN.—Con.5 g.1919 A & O 79%
75 A pr.
83% Feb.
U .P.Den.& G u lf con. 5 g.1939 J < D 75%
&
74% Apr. 77% Jan.
Union Elevated—6 g ......... 1937 M & N 114 b. 110 Jan. 114% A p r.
Virginia Mid.—Gen. m .,5s, 1936 M & N 82 %a. 78 Jan.
85 F e b .
do
stam ped guar.lM & N 80
80 Mar. 87 F eb.
Wabash—1st, 5 g .................. 1939 M & N 106
103% Jan. 106 F e b .
2d m ortgage, 5 g ............ 1 9 3 9 .1F & A 81%
79% Mar. 85 Jan.
D eben t.M ., series B ....... 1939; J & J 44 b. 42 Feb.
50 J a n .
W est Shore—Guar., 4 s .___ 2361 J & J 103% 101% Jan. 104 Feb.
West. N .Y . & P a .—1st, 5 g .19 37 J & J 101 %b. 99 Jan. 102 A p r .
2d m ort., 3 g .,5 s c ...............1927 A & O 32
31% Apr.
35% Feb.
West. Un. Tel.—Col. tr.,5 s .l9 3 8 J & J 104
100% Jan. 104 F eb.
Wis. Cent. Co.—1st, 5 g ...... 19371J < J 92%
fe
90 Mar. 93% Jan.
Incom e, 5 g ........................19371............. 36 a. 36 Mar. 42% Jan
up from actual sales only.
* L atest price this week.

NEW YORK STOCK EXCHANGE PRICES.—STATE BONDS APRIL
SECURITIES.

Bid.

A sk. [

SECURITIES.

Alabamar-Class A , 4 to 5 ....... 1906 102 103%! N ew Y ork —6s, loa n ................. 1893
Class B, 5s...............................1906
107
N orth Carolina—6s, o ld ............J&J
Class C, 4 s ............................... 19Ó6
Funding a c t . . . . . . ..................1900
C urrency fu n d in g 4 s .______ 1920
95
96%
N ew boliids, J. & J . . . .1892-1898
Arkansas—6s,fund.H ol. 1899-1900
Chatham R R ...................................
do. N on-H olford 150
Special ta x , Class 1 ........................
7s, Arkansas Central R R ............
2
Consolidated 4 s .....................1910
Lotusianar—7s, co n s................. 1914 100
6 s................................... ...........1919
Stamped 4 s ......................................
84% ......... Rhode Island—6s, c o u .. 1893-1894
Missouri—Fund..............1894-1895
South Carolina—6s. non-fund. 1888




14.

Bid.

A sk.

—...

......... S.C. (cont.)—B row n consol.6s.1893

*3 %

C om i rom ise, 3 -4 -5 -6 s .........1912
New settlem ent, 6 s .............. 1913
5 s ...............................................1913
3s
1013
Virginia—6s, o ld ................................
6s, consolidated b on d s.................
6s, consolidated, 2d series, rects.
6s, deferred, t’ s t r e c ’ ts, stamped

SECURITIES.

Bid.

Ask«

93~~ 97%62
72
jB
gsS?
69
30

......

8

632

THE
'

C H R O N IC LE .

GENERAL QUOTATIONS OF STOCKS AND

[VOL. L iv

BONDS.

Quotations in N ew Y ork represent the per cent value, w hatever the par m ay b e ; other (Quotations are frequently m ala p ir share.
The follow ing abbreviations are often used, viz.: “ M.” for m ortgage; “ g .” for g old ; ‘ g ’d, fo r guaranteed; “ end.,” for endorsed;
■for consolidated; “ con v .” fo r con v ertible; “ s. f.,” fo r sinking sund; “ 1. g.,” fo r land grant.
Quotations in New Y ork are to T hursday; from other cities, to late m ail dates.
g
f
S u b s c r ib e r s w i l l c o n fe r a f a v o r b y g iv in g n o t ic e o f A n y e r r o r d is c o v e r e d , i n t b e s e Q u o t a t io n s .
B id. A sk
Cit y Se c u r it ie s .
Bid. Ank.
Ci t y s e c u r it ie s .
Bid. Ask.
U n ite d Sta t e s B onds .
126
N. Brunswick, N.J.—7s,water, 1904 110
Boston, Mass.—W ater 6s,1906 .V ar
U N IT E D S T A T E S BO N D S.
116
6s, 1906.......................................Var 105
W ater 5s, gold, 1 9 0 6 .............. Var
2s, op tion U . 8., reg ........ . . . . . Q —M 100
108
N ew H av’n-Park,3*$p.o.20.50s.J&J 94
96
W ater 4s, 1 9 1 7 ........................ Var
4s, 19 07........................... r e g ... Q—J 1151g 116
101
New Orleans, La.— Prem ium 5s . . . 1 5 9% ll60
W ater 3i$s, 1917....................A&O
1151$ 116*2
4s, 1907....................
c o u p .. .Q —J
93
Cons. 6s, 1923,ext. Crossman. J&J 107*$ 108
3 s ..... ...................................... A&O
6s, Currency, 1 8 95....... re g ___ J&J 109
5s, 1 9 3 4 ................................J & D 102% 103*4
B’klyn, N.Y.—B’ge7s, 1915 2 4 .J&J
6s, C urrency, 1 8 9 6 .......r e g ....J & J 111
N.Y. City—7s, 1900..................M&N §124 ..........
Park 6s, 1 9 2 4 .............. ..... .J & J
6s, C urrency, 1 8 97....... re g ___ J&J 113
6 s ,1 9 0 0 ......................... .........M&N §117 .........
Bridge 5s, 1 9 1 9 . . . . . . . ........... J&J
6s, Currency, 1 8 9 8 ....... r e g ....J & J 116
6s, gold, 1 9 0 1 ........
J&J §120 122*a
Bridge 4s, 1 9 2 6 .............. .....J & J
6s, C urrency, 1 8 99....... r e g ....J & J 119
5s, 1908........ .* ..................... M&N §118 122
W ater 3s, 1905.................... .J & J
S T A T E S E C U R IT IE S .
5s, gold, 18 96...........................M&N §106 . . . . . .
102 103% Buffalo, N .Y.—7s, 1 9 24-5 ........ J&J
Alabama—Class “ A ,” 4 to 5 ,1 9 0 6 ..
4s, 19 06.................. ................ M&N §106 .........
W ater 5s, 1 8 9 8 -9 ...----- .....A & O
107
Class “ B ,” 5s, 1906........................
3*$s, 1 9 0 4 i................................M&N §103 . . . . . .
W ater 4s, 1904........................M&S
Class “ C,” 4s, 1 9 0 6 .......................
3s, 1 9 0 7 ..................................... A&O §100 . . . . . .
Water 3 * 2 8 ,1 9 0 5 ...... . . . . . . . J & J
96i$
95
•Currency funding 4s, 1 9 20....... .
Park, 2*$s, 2 0 -4 s .....................M&N § 94
98
W ater 3s, 1 9 1 6 . . . . ..............F & A
A rkan.—6s, fund., ’99.H olford. J&J
Norfolk, V a.—6s, 1 9 1 4 ................ V ar
Cambridge, Mass.-W ater 6s,’ 96. J &J
•6s, fu nd., non-H olford...........J&J 150
8s, Water, 1 9 01.......................M&N 125 126*9
City 6s, 1904............................ J&J
2
7s, L. R. & F t. S.issue,1900.A & O
5s, 1 9 1 6 ............ *................... A&O
W ater 3*$s, 1 9 1 1 .....................Var
2
7s, M emphis & L .R ., 1 8 9 9 .A & O
Norwich, C t —5s, 1 9 0 7 ___ - .. A & O §113*9115
Camden, N. J.—7s. 1 9 0 3 ........ ..J & J
2
7 s,I j. R . P. B. & N. O., 1 9 0 0 .A & O
Omaha, N eb.—P aving 5s, 1905
Charleston, 8.C.—Conv.7s,’9 7 .A & 0
2
7s,M iss.O . & R .R iv .,1 9 0 0 .A & O
5s, 1 9 1 2 ......................................
Conv. 4s, 1 9 0 9 ............. .........J&J
2
7s, A rk. C en tralR R .,190 0.A & O
Orange, N. J.—7s, lo n g .......................§114
Chicago, 111.—7s, 1 8 9 9 ..
Conneotio‘t-N ew,rg.,3^ 8,1903. J&J §100
Paterson, N. J.—7s, 1 9 0 0 .................. §116
118
7s, 1 8 9 5 ........................
New, reg. or coup., 3s, 1 9 1 0 ....... 5100
6s, 1901.............................................. §109
111
4 * , 1900......................
28
Dlst. Col.—Cons.3-65s,1924,op.F&A 112*2 113
4s, 1908.............................................. § .......... 100*9
3-65s, 1902...................
Funding 5s, 1899..................... J&J 106
Petersburg, Va.—6s, lo n g .........J&J 110
4s, 1911........................ .
Wash.—Fund.loan(Cong.)6s,g.,’ 92 101
Philadelphia, P a.—6s,1 8 9 6 ....J & J 111*$
Cook Co. 4*$s, 1900.
Fund. loan (L eg.)6s,g., 1902Var 116
1015s 68,190 4-5 -6.................................J&J
W est Chicago 5s, 1899
M arket stock, 7s, 18 92.................. 102
102
Pittsburg, P a.—5s, 1 9 13...........J&J 116
L incoln P ark 7s, 1895.
W ater stook, 7s, 1901.................... 1211$
126*2 7s, 1912......................................... Var 135
Cincinnati, O .—7 ‘30s, 1902 ...J & J
123
do
7s, 1 9 03....................
131*$ 4s, 1 9 15.......................................J&D 104
7s, 1908......................................Var
Florida—Consol, g old 6 s ....... J & J §108
122
6s, Consol., 1904 r e g .................J& J 118
6s, gold, 1906.........................M&N
G eorgia—4*$s,1915................... J&J llO H 1111$
101
Portland,M e—6s,RR.Ald,1907M &8 §122 124
99 100
..V a r
4s, 1 9 0 5 . . . . . . . ..........
8*$s,1917 to 1936..................J&J
102*2 4s, funded, 1912...........
J&J §101*2 103
4s, 30-50s, sink, fund, 1931. J&J
Indiana—Tem ’y loan, 3*$s, 1 8 9 5 ...
Portland, Ore.—Gold 6S.1920.M&N
5s, 30-50s, sink, fund, 1930. M&N
Refunding, 3*$s, 1 8 95...................
104*$ Portsm outh, N .H .—6s, ’ 93 ,R R . J&J 101% 102*fl
H am ilton County 4s. 1 9 3 7 .........
State House, 3*28,1895.......... .
106
Poughkeepsie. N. Y .—7 s,w ater long 130
Cleveland, O.—7s, 18 94...........A&O
Tem porary loan, 3s, 1 8 9 9 ............
112*$ Providence. R .I.—5s, g .,1 9 0 0 .. .J&J 110*2 i l l ”
6s, 1900..................
M&S
Tem porary int. loan, 3s, 1 8 9 4 ....
117 118
112
6s, gold, 1900, w ater loan . .J & J
5s, 19 07.................................... J&D
Tem porary int. loan, 3s, 1 8 9 2 ...
101
4*$s, 1 8 9 9 .................................J&D 105*$ 106
Funded debt 4s, A pril, 1902. J&J
Tem porary int. loan, 3s, 1893.
99
100
1.........
3*23, gold, 1 9 1 6 .......................M&8
Columbus, Ga.—7 s .....................Var
(School fund refunding, 3s, 1909.
103
Quincy 111.—6s, 1 8 9 8 ......... .J & J 105
5 s........... .............................................
Tem porary loan, 3s, 1899............
45
100*2 Rahway, N. J .—Old 7 s..............
100
Covington. K y.—4 s,1927, new. J&J
Louisiana—C onsol.7s, 1914. ..J& J
80
110
New adjustment, 4 s .................
841$
F&A
5s, 1920..................
Stamped 4 per cent, 1 9 1 4 ....J & J
125*$ Reading, P a .—4s, 1 9 2 0 ........A & O
8s, 1899................................. *..J&J
Maine—New 3s. 1899 1 9 2 9 ....J&D §100
114
112
104
Richm ond, V a.—6s, 1 9 14------ .J&J
100
Dallas, T ex.—5s, St. Im p’m’ t, 1928.
M aryland—3s, gold, 1900.........J&J
103
8s, 1909........................................ J&J 132 134
5s, water, 1920....... .......................
6-65s, 1899............................... J&J 1011$
5s, 1921 & 1 9 2 2 . . . . . . . ........ - J & J 108 110
M assach usetts-^ , gold, 1894. .J& J 104 1041* Dayton, O.—5s, 1895—1906,
98
4s, 1 9 20.............................................
1
1071$ 108
Denver.Col.—Pub. im.4s,1904.M&S
6s, gold, 1897...........................M&S
Rochester, N. If.—7s, W ater,1903 — §132
Duluth, Minn.—4s, 1 9 2 0 ......... J&J
Minnesota—A d j. 4*28,1912.10-30. I 99
mm
ms
105
107 4s, 1912.....................
F&A §101*2 m mt
Detroit, Mich.—7s, 1894...........F&A
M issouri- Asyl’m orU niv’ty , ’ 92. J&J
St. Joseph, Mo.—6s, 1 9 0 3 ....... F&A §102 «•-•Ml
6s, W. L., 1 9 06.........................J&D 121 *2 124
Fund. 6s, 1894-95................... J&J
98
98
....
Comp’m is e 4 s ,1 9 0 1 ........... ..F & A § 96
3*28,1911................................. J&D
Funding 3*2, 5-20s, 1906-8 ..J& J
St. Louis. Mo.—6s, 1 8 9 9 ............ Var
Erie, Pa.—Consol. 7s, 1894 ....J & J
■Tew Hampshire—6s, 1894___ J & J
82
85
6s, gold, 1894.............................
Elizabeth, N. J .—New 4s,1922. J&J
War loan, 6s, 1905................ J & J
5s, 1900.....................................
Evansville, Ind.,com prom . 4s,1912
N ew Y ork—SB. gold, 1 8 9 3 .... A & O
4s, 1905....................................
,
_
35
Fitchburg, Mass.—6s. 05,W .L. .J&J §122 123
Ho.Carolina—6s, old, 1 8 8 6 -’ 98.J& J
3 ‘65s, 19 07.......................................
98*4 99*4
130
Galveston, Tex.-8s,1893-1909.M &S 100 102
6s N. C. RR ., 1883-5.......... J & J
St. L .C o.—68,1905..................A&O §117*$ 119
90
5s, 1920.....................................J&D 100 102
6s
do
7 coupons o ff ...A & O
St. Paul, Minn.—4s, 19 12.——......... § 99 100
10
Gr’nd Rapids, M ich.—5s, 1904.J&J
6s, funding act o f 1 8 6 6 ,1900.J&J
4*23,1916......................................... §105
106
15
W ater, 8s, 1 8 9 5 ............ .........J&D
6s, new bonds, 1892-8............ J&J
5s. 1915............................................. I l f
Harrisburg, Pa.—6s, 1895 ....... J&J
6s, Chatham R R ..................... A&O
6s, 1904............................................. §117
118
W ater 6s, 1 9 0 3 ........................ J&J
6s, special tax,class 1,1898-9A&U
7s, 1 8 98................... - .....................§ 1 1 4 115
H artford, Conn.—6s, 1897....... J&J
Trust certificates............................
San Antonio, T ex.—6s, 1909-19J&J . . . . . . 115
Tow ns, 3s, 1 9 0 9 ..........................
97*4
4s, new , cons , 1910............ J & J
5s, 1920...........................................
98 100
H oboken, N. J.—7s, 1892....... A&O
6s, 1 9 1 9 .................................A & O
Savannah—F 'd 5s, cons.1909 .Q—I 101 103
Im provem ent 6s, 1 8 9 8 ...... J&D
North Dakota bon ds,f’ ded 4s..J& J
Scranton, P a .—4s, 1 8 9 3 .1 9 1 0 .F&A
do
5s, 1901........ M&N
P enn.—5s, new ,reg.,’92-1902..F&A
Sioux City, Io w a —4*28,1899...........§.........
107
Houston, T ex.—6 s . . . . .
4s,reg ., 1912..........................F & A 119 120
Spokane Falls, Wash.—6s.......................—
92
Compromise 5s, 1918
Rhode Isl’ d—6s, 1893-4, co u p .J &J 102
Springfield, Mass.—6s, 1 9 0 5 ..A&O 123 123*2
2
Indianapolis, Ind.— D ” 7-3,’ 99. J&J
“
11$
South Carolina—6s,Non-funcL,1888
78,190 3, w ater loa n ..............A&O 129*2 130
97i$
93
6s, 1 8 9 7 ......................................J&J
B row n consols, 6s, 1893 . . . . J&J
8pringfleld, 0 . - 5 s , 1907.........M&N
122
Jersey City—7s, 1 9 0 5 ................Var
Blue consols. 4*$s, 1 9 28....... J&J
Toledo, O .-7 -3 0 S , R R .,1 9 0 0 .M & N 116*2 117**
109
W ater 6s, 1904.........................J&J
South Dakota 4 *$s, 1897..................
8s, 1893-94.................................V ar 103*2 It 6
62
105*4
W ater 5s, 1 9 1 6 ....................... A&O
Tennessee—6s, unfunded.......... J&J
6s, 1 8 99...................................... V ar 107*$ 108
72
W ater assess.,5s, 1916.........A&O 104 105 *s
Compromise, 3-4-5-68,1912..J& J
5 s , 1 9 U .....................
A&O 105 106
100
Hudson County 5s, 1905___ M&8 104
Settlem ent, 6s, 1913................J&J
4s, 1 9 13.................— ............. Var.
93*4 94
H udson County 7s, 1 8 9 4 ....J& D 105
Settlement, 5s, 1913................J& J
100
Trenton N. J .—4s, 1911...........J&J
116
69
B ayonne City, 7s, lo n g ...........J&J
•Settlement, 3s, 1913................J&J
114
Worcester, Mass.—5s, 1 9 0 5 ...A & O
Kansas City, M o.—7s, 1 8 9 8 .. M&N
T exas—7s, gold, 1904................ J&J 133 137
104
4s, 1905.....................................A&O
SO
4s, 1910.................................... A&O §
V irginia—6s, old, 1886-’9 5 ...J & J
100
3*$s, 1905..................................J&D
30
K n oxville, Tenn., 5s, 19 21..............
6s, new bonds, 1866............ J & J
R A IL R O A D RON DS.
§115 117
43
L aw rence,M ass.—6s, 1900 ...A & O
6s, consols, 1905. ex-coup ___ J&J
(Bonds o f companies consol’ ted are
Leavenworth, Kan.—4s, 1914 .J&J
6s, consol., 2d series................ J&J
ids' generally under the consol’d name.)
Long Island C ity, N .Y —W ater .7 s...
7
6s, deferred bon as...........................
Ala.Gt. Southern—lst,6s,1908J& J e l l 2 115
110
7^
Los Angeles, Cal.—7 s........................
D o trust receipts.................... .
105
Debenture 6s, gold, 1 9 06— .F&A el0 3
121
Louisville, K y .—7s, 1 9 0 3 .......V a r
Tax-reo'vable coups.,from cons’ ls 71*2
98Gen’ l m ort. 5s, 1927 —..........J&D e 96
71ig
6s, 1897......... . ,
Var
Do
from 10-40s.
Ala. M idland—1st, gua. 6s. 19 28...
89*$ 90
73
2 0 ‘40s, 5s, 1 9 20.....................M&N
N ew 3s(R iddleberger), 1932. J & J 72
95
Ala. N. O. T. &o. 1st deb. 6s, 1907. e 93
33
4s, 1923........................
J&J
10-40s, c p .& r e g ., 3 t o 5 ,1919. J&J
43
2d debent. 6s, 1907—. . ------- J&D e 41
25i$ 27
L ow ell 4s, 1 9 0 3 ........................A & O
Consol, coupon, new non -fu n d ...
'Ala. & V ick8b.—Cons. 5s,1921.A&O
88
Lynchburg, V a.—6s, 1 9 0 1 -4 ..-J&J
Vioksb.&Mer. —1st,6s, 1921.A & 0 100
Lynn, M ass.-W aterloan,6s,’94.J&J
C IT Y S E C U R IT IE S .
2d, consol. 5 s....... ...................... .»V 72*2
5s, 19 05.................................... M&N
Albany, N .Y.—6s, 1915-I919.M & N 132
Alb’y& Susq.—Cons. 7s, 1906, guar. 127 130
102
M acon Ga.—6s, 19 09....... .
4s, 1920 to 1 9 3 0 ....................M&N 1
Consol, m ort.,6s,1906, guar.A&O 118*4
Manchester, N. H .—6s, 1 9 0 2 ..J&J
A llegheny, Pa.—5s, op., ’ 87-97. Var. 108
Allegh. Val.—Gen. M., 7 3-10s. J&J 110*2
103
4*$s, coup., 1 9 0 0 ........... .....V a r .
4s, 1 9 1 1 ................ ............ .............
1st m ort., 7s, 1 9 10— . ....... A&O 121*2
Memphis, Tenn.—Comp. 6s, 19 07..
UAllegheny Co.,5s, cp., 1913.J&J 101 103
Incom e,7s. end., 1894. ....A & O
Tax Dist., 6s, 1 9 1 3 ........... ....J & J
4s. Court House, 1908, reg..J& J 103 105
102*2
106*$ Allentown Term .--lsts,4s, 1919.J&J
T a x Dist., 6s, 1915............. ...J & J
3*8s, refunded, 1895, r e g .. ..J & J 100
83*2 835s
Atoh.T. &S. Fe—
new 4s, 1989, J&J
M iddletown, Conn.—3 ‘ 6 5 ,1 9 0 0 ....
Atlanta, Qa.—Water 7s, 1 9 0 4 ..J&J 112 116
59
5938
New incom es, 1989.......................
6s, 1 8 9 5 -6 ................................. J&J 103 103i$ Minneapolis, M inn.—8s, 1892. J&D
122 Guar, fund notes..................... M&N
7s, 1901.....................
J&J 120
6s, 1914-15................................J&J 1021$ I05i$
100
4*28, 1912-15.................................... 104*$ 105*$ Atl. & Chari.—1st p f. 7s, 1897.A&O
4*28,1916.................................. J&J 100 104
116
99
100 1st, 7s, 1907............................
4s, 1915-17.......................................
Augusta, Me.—6s, 1905, Fund .J&J §119 121
103
Incom e, 6s, 1900 ................... A&O 102
Mil waukee.Wis.—W ater 7s,’ 02. J&J
Augusta, Ga.—6s, 1905 ............ J&J 106 111
102
111. & Florida—1st, 6s, 1939. M&N § 98 102
W ater 4s, 1906-7..................... J&J
Baltim ore—6s, bounty, 1893.M & 8 103
91
Atlantic City—1 st,5s,g., 1919.M&N 105 105*2
Mobile, A la.—4-5s, f ’ded, 1906. J&J
6 s, water, 1 8 94......
M&N 102
Allan. & Dan.—1st g. 6s, 1917. A&O
117
M ontgom ery, A la.—6 s ................. .
6s, 19 00..................................... Q—J
72*2 73
Atlantio& P ae.—1st 4s, 1 9 3 7 ..J&J
5s, n ew .........................................—
6s, W est. Md. R R ., 1 9 0 2 .... J&J I I 912
2d W.D., guar.,g, s.f.6s.l907.M &S
125i$ Nashville, Tenn.—6s, 1900....... J&J
6s, 19 16....................................M&N
1 0 ‘s 12
W. D. Incom es, 19 10...........A&O
4s, 1920.....................................Q—J 105
4s, 1 9 1 0 . . . . . . . .
99
C en t.D iv .-In c.,6 s,n on -cu ., 1922
Newark—4s,19u8 ..........
A&O
3*28, 1 9 2 8 ...............................J & J 101 102
12
Land gr. incom es, oum ., 1901
4*28, i9 1 S ......................................... 1 0 4 *$ ........
Bangor, Me.—W ater,6s, 1905. J&J >120 122
100
5s, 1909............................................. 108 ......... Jaitim ore & Ohio —4s, 1 9 3 5 ... A&O
E . & N. A. R R . 6s, 1 8 9 4 ....... J&J >1031$ 105
114*$
Parxersburg Br., 6s, 1919 —.A&O
6s, 1 9 1 0 ...................................... Var 122
Bath, Me.—6s, 1 9 0 2 ... ..............Var >104 106
110 111
5s gold, 19 25................................F&A
101 103
7s, Aqueduct, 1905...................Var 124
- 4*28,1907:.........
J&J >
130 Gomwl. gold 5s, 1 9 8 8 ............ F&A 111
New Bedford,M ass.—6 s ,lu 0 9 . A&O ,128
B elfast, Me.—6s,railroad a id ,’9 8 .. >106ia 108
108 1083a
98*2'100
Schuylkill Riv. East Side 5s, 1935
Birm ingham , A la.—5 g., 1920 A&O
A&O
3*28, 19 10...................
Price nominal.




§ Purchaser also pays accrued interest

e In London.

iJ Coupons on sinoe 1869

Subject to oalL

THE

A pril 16,1892, j

CH R O N IC LE ,

GENERAL QUOTATIONS OP STOCKS AND

633
BONDS— C o n t i n u e d .

F o r E x p la n a t io n s S e e N o te s a t H e a d o f F ir s t P a » « o f Q u o t a t io n s .
R a il r o a d B onds ,

Bid.

Ask.

Baltim ore & Ohio—(Continued)
Sterling, 6s, 1 9 15....................M&S e l0 3 105
113
Sterling, 6s, g., 1 9 02.............. M&S e l l l
Sterling, 6s, g., 1 9 10............ M&N e !2 0 122
Sterling, 5s, 1 9 27....................J&D e l0 6 108
Sterling, 4*9S, 1933...............A&O e l0 6 108
E qu .T r. ser.B,1891 to 1900 -M&N
105
M on.K iv.—1 st gu.g.5s,1919.F& A
Cen. O. -Cons. 1st, 4*ss, 1930. M&S 10 1
Ak.&Ch. Jun. lst,g.,5s,1930.M & N 105 107
B ilt.& O. 8.W.— oin .& B alt.7s,1900 110
105 105*4
N ew 4 ^ 8 , guar. V 1980..........
.
68*3
1st prei. incom e 5 s ..............
30*2
2d do
do
..............
9
8%
8d
do
do
..............
Balt. & P ot’c—1st, 6s, g., 1911 A&O el22 127
126
1st, tunnel, 6s. g., g ’d, 1911. J&J e l2 3
Beech Creek—1st,g’id, 4s,1936, J&J
B elvidere D el.—1st,6s,o,1902. J&I) 112
Cons. 4s, 1927......................... P&A
B oston & A lban y— 3s. 1 8 9 5 ....J&J § . . . .
B oston & L ow ell— 7s, 1895. ..M&S §107*1 107%
6s, 1896..................................... J&J §106 106*3
5s, 1899..................................... J&J §106% 107
4s, 1905-6-7..............................Var. §100 100*3
4i«8, 1903................................M&N §104*s 105*9
B oston & Maine—7s, 1 8 93....... J&J §101*3 102
7s, 1 8 94........
J&J §103*« 104*3
Im provem en t 4s,9 0 5 . . . . . . P&A §100% 101
Do
4s, 93 7.........P&A §101*2 102
Boat. & P rovidence—7s, 18 93.J&J §101% 102*3
4s, 1918..................................... J&J §101*8 108
B ost. R evere & Lynn—6s,’9 7 .. J&J §107*2 108*9
B radford Bord. & K .—1st, 6s, 1932
B radi.E ld.& Cuba—1st,6s,1932J&J
.........
B rooklyn Eie.—1st, 6s, 1 9 2 4 ..A&O i*14%
90%
2 d m o rtg , 5s, 1915....... .........J&J
Union El.—1st, 6s, 1 9 3 7 ....M&N 114 114*9
Brunsw. & W .—1st,4 s ,g .,1938.J&J
Bufi. Brad.& P .—Gen.M.7s,’ 96. J&J 102
Bnft.N.Y.&Erie—1st, 7s, 1916. J&D 135
Buff.Roch. & Pittsb.—Gen.5s, 1937 100 102
R och. & P ., 1st, 6s, 1 9 2 1 ....F&A 118
L18
Consol., 1st 6s, 1 9 22......... J&D
Bufi.& Southwest.—6s, 19 0 8 .. J.&J 105
Burl. C. R. & N.—lst.5 s,19 06.J&D 103 103*9
95
C ons.lst & col. tr., 5s,1 9 3 4 ..A&O
Minn.&St. L. 1st 7s,g’ d ,1927. J&D 12Ò
98
Iow a C. & W., 1st, 7s, 1909.M&S
98
0 . Rap.I.F.& N.,1st,6s,1920. A&O
85
*95”
do
1st, 5s, 1921____ A&O
Callfor. P ac;—1st M., 4*ss,1912 J&J 100 105
99
2d M .. 6s, g., '9 1 ,e x t.a t4*9%. J&J
Sd M. (guar. C. P .), 6s, 1905. J&J 106*3
60
do
do
3s, 1905. J&J
Oamden & A tl.—1st, 7s, g .,’ 93..J&J
Consol. 6s, 1911...................... J&J
Oamden & Burl. Co., 6s, 1897.F& A
Canada So.—1st 5s, guar.,1908, J&J i'07% 108
2d m ort., 5s, 1913..................M&S 100*2
Cape Fear & Yadkin V alley—
1st 6s, Series A , 1916.........J
96*3 98*s
96
1st 6s, ser. B', 1916..............J&D
1st 6s, series O....................... J&D
97
Cape Girard. S. W .con.6s.l908M & 8
92*s 97*3
Carolina Cent.—1st,6s,g., 1920. J&J
105*3
C ataw issa -M ort., 7s, 1 9 0 0 ....F&A i*16%
Cedar F. & Min.—1st, 7s, 1907. J&J
88*4 90
102
Cent, o f Ga.—1st, cons., 7 s ,’ 93. J&J 10 1
Collat’l trust 5s, 1937.......... M&N
84*3 90
Chat. R. &Col.—5s, g., 1 9 3 7 .M&3
*75*'
Sav.&W est., 1st, guar.,1929 M&S ' 73 '
Central o f N ew Jersey—
1st cons. 7s, ’ 99........................ Q-J 115*3
Convert, m ort. 7s, 1902. ...M & N 122
Convert, debent. 6s, 1 9 0 8 ..M&N
Gen. m ort., 5s, 1987............... J&J 111% 111%
Leh.& WU.—Con. 7s,g.,1900,ass.Q 110*2
M ortgage 5s, 19 12___ ....M & N
98
Am. Dk.& Im p. Co., 5s,1921. J&J 106*3 .........
Central P ac.—1st, 6s, g, 1895. J&J 106*3
1st, 6s, gold, 1896................... J&J 107*3 109%
1st, 6s, gold, 1897....................J&J 108*3 109
1st, 6s, gold, 1898................... J&J 109% 111*4
B.
Joaquin, lstM .,6 s,g .l9 0 0 .A & O
108%
Cal.& Or.—Series A ,5 g .,1918. J&J U 0 3
SeriesB ., 6s, £ , ’9 2 ................. j &j e l0 2 105
M ort., gold, 5s, 1939............ A&O
96
Land g. 5s, g., 1900............... A&O
W est. F acif., 1st, 6s, g., ’ 9 9 ..J&J 109
Central o f So. Car. 1st 6s,1921.J&J
Charles.Cin.& C .lstg.5s,1 947.Q —J
Oharl’te CoL&A.—Cons.,7s,’95. J&J Ì03%
2d m ort., 7s, 1 9 1 0 ................. A&O 112 118
Consol., gold, 6s, 1 9 3 3 .........J&J
103*9
Chartiers—1st, 7s, 1901...........A&O
Ches.&Ohio.—Pur.m oney fd .,6 s ’ 9S i ï ï % 113
Series A , 6s, 1908..................A&O 115*8 116*3
M ortgage 6s, 1911................. A&O 114*3
C.
&O. R y, 1st 5s, 1939.M&N
105 iö>*e
General 4*ss, g., 1992.......... M&S
82% 82%
1st Consol. R . & A .2-4.1989. J&J
77% 77*9
do
do
4s, 1 9 8 9 ...J& J
81*4
2d do
do
4s, 1 9 8 9 ...J&J
80
78
Craig Val. 1st 5s, g., 1 9 4 0 ....J&J
Chea. O. & S.W.—M.6s, 1 9 1 1 ..F& A 105 106
2d m ort., 6s, 1911.................. f &A
71*9
Cheshire—6s, 1 8 9 6 -9 8 .............. j & j 107*3 108
4s, 1 9 1 0 .................................... j &j
Chic. & A lton.—1st M., 7s, ’ 93. J&J 103 <
3
Sterling m ort., 6s, g., 1 9 0 3 ..J&J e l l 8
Ï2 0 "
Sinking fund, 6s, g., 1 9 0 3 ...M&N 120
Louis’a & M o .R .,lst, 7s,1900F&A 116*3 116%
do
2d, 7s, 1900 M&N 115
Bt.L. Jacks’v.& C., ls t,7 s k 94. A&O
’
108
do 1st guar. (564) ,7s,’84A & 0 104*3
......
d o 2d M. (360), 7s, ’ 98 . .J& J
d o 2d guar. (188) 7s,’ 98. J&J
M iss.Riv.Bridge, 1st.,s.f.,6s,1912 105
C h e . Burl.& Nor.—5s, 1 9 2 6 ..A& O 103*9
2d, 6s, 1918..............................J&D §103*9 103%
Debent. 6s, 1896..................... J&D §102*4 102*9
Eauipmerit 7a. 1903 .............. F&A (1 04 10«

* Price nominal,

R a il r o a d B onds .

Bid. Ask.

Chic. B. &Q.—C ons.,7s, 1 9 0 3 ..J&J 123%
5s. s.f., 1901............................ A&O 102 %
5s, debenture, 19 13________ M&N 103% 104*4
Iow a D iv. S. F. 5s, 1 9 1 9 ....... A&O 104*3 106
92!% 9 3 * 3
Iow a D iv., 4s, 1 9 1 9 .. ...........A&O
9313 9 4 * 3
D enver D iv., 4s, 1922...........F&A
86*3
4s, plain bonds, 1921............M&S
Neb. E x t., 4s, 1 9 2 7 ...............M&N 90*3 90%
Plain, 7s, 1896.......................: J&J 5106*4 106*3
Bonds, 5s. 1895.......................J&D 5100% 101
Convert, deb. 5s, 1 9 03.........M&S 111*3 112
Bur. & Mo. R ., I’d M., 7s,’93.A & 0 103*3 103%
B ur.& M o.(N eb.),lst,6s,1918.J& J 116% 117
Cons, 6s, non-ex., 1 9 1 8 ....J & J 105 106
87*3 89
4s, (Neb.), 1 9 1 0 .................... J&J
Neb. R R , 1st, 7s, 1896....... A&O 108 109
112 112*3
Om. & 8. W., 1st, 8s, 1896.J&D
Ott. Osw. & F o x R ., 8s, 1900. J&J 119*3 120
A tch ’n & Neb.—1 st,7 s,1908 M&S 122 123
Repub. V al., 1st, 6s, 1 9 1 9 ...J& J 105% 106
Ohio. & East 111.—1st m ort. 6s, 1907 115
)21
1 st,con., 6s, gold, 1934 . . . . A&O
103»a
Gen. con., 1st, 5s, 1 9 3 7 ....... M&N
C h .& I.C o a lR ’y ,ls t 5 s ,1 9 3 6 .. J&J 102 102*4
Chic. & Gr. Trunk—1st, 6s., 19 0 0 .. 105 110*s
Chic. Mil. & St. Paul—
11 8 5 g
M .& St.P .lst, 8s, P .D .,1898. F&A
P. D ., 2d M., 7 3-10s, 1 8 9 8 ..F&A 123*3
R .D ., 1st, $, gold, 7s, 1902 ..J& J 127
La. C., 1st M., 7s, 1893...........J&J 123 124
I. & M., 1st M., 78 ,1897......... J&J 123*4 123%
I ’ a. & D ak., 1st M., 7s, 1899. J&J 124 126
128
Chic. & M il., 1st M .,7s, 1903. J&J 127
Consol., 7s, 1 9 0 5 ..................... J&J 127 128
128*3
1st M., I. & D. E x t., 7s, 1908J&J
1st M .,6s, S’ thwest D iv .l90 9J& J 116 118
1st M., 5s. L a C. & D a v .l9 1 9 J & J 104
So. Minn. 1st 6s, 19 10............ J&J 117 117*s
Hast. & D a k .E x .lst,7 s, 1910. J&J 125
do
5s, 1910.............J&J 103*3 101*3
Chic. & Pac. D iv. 6s, 1910 ...J & J 118 121
d o West. D iv., 5s,1921. J&J 107% ios*e
Chic. & Mo. Riv. 5s, 1926___ J&J 103*s
M ineral P t. D iv., 5s, 1 9 1 0 ...J&J 103
Chic. & L. Sup. D iv., 5s, 1921J&J 103*3
W is.& M in n .D iv .,5 s, 1 9 2 1 ...J&J 108
Term inal 5s, g., 1 9 1 4 .............J&J 107
D ubuque D iv., 1st, 6s, 1920. J&JT 115% 116
Wis. V al. D iv., 1st, 6s, 1920. J&J jlC9*s!110
F argo & S ou th .- 6s, ass.1924. J&J 115 117
Inc. eonv. 8. F. 5s, 1916.........J&J
Dak. & Gt. So. 5s, 19 16.........J&J 1C4 105
89
89*3
Gen. g. 4s, ser. A ., 1989........ J&J
Chicago & N orth w estern Con. 7s, 1 9 15..........................Q—F 139
Consol., gold, 7s, op., 1 9 0 2 ..J&D 126 127
Sinking fund, 6s, 1929 ....... A&O 116 117
do
5 8 ,192 9.A &O
107%
do
debent., 5s,1933.M&N 107*8 107%
107%
25-yrs. deb. 5s, 1909........... .M&N
109%
30-yrs. deb. 5s, 1 9 2 1 ............ A&O
98 100
E xten. bds. 4s, 1926......... F&A15
Escan.&L.Sup., 1st, 6s, 1901.J&J 107
Des M.& Minn’s,1st,7s,1907.F&A 125
Iow a Mid., 1st M., 8s, 1900. A&O 125
Peninsula, 1st, c on v .,7 s,’98.M&S 125
Ohio. & M il., 1st M., 7s, ’9 8 ..J&J 115
Winona&St.Pet.—2d7s,1907M&N 126
1st extension, 7 g., 1916.. J&D § . . . . . .
Mil. & Mad., 1st, 6s, 1 9 0 5 ....M&S 112
Ott. C. F. & St. P., 5s, 1 9 0 9 ..M&S 104*3
North. His., 1st, 5s, 1 9 1 0 ....M&S 105
.........
M adison E x t., 1st, 7s, 19 11.A&O ISO
Menominee E x t.,1st,7s,1911 J&D 131
Northwest.Un., 1st,7s, 1917.M&S 133
120
Chic. & T om ah.—1st,6s,’0 5 .M&N e l l 5
Cedar R. & Mo.—1st, 7s, ’ 9 4 .F&A §104*4 104*9
1st m ort., 7s, 1916............ M&N §135 135*4
2d m ort., 7s, 1909, guar. ..J& D §121 123
S. C.& P ac., 1st, 6s, 1 8 9 8 ..J& J 109
Frem. Elk.& M o .V —6s,1933A&0 §121% 122
do
do
U nstam ped.. §119% 120
Chio.Peo. & St.L.—lst5s,1928.M &8 100 102
»8
Louisville & St. L., 5s, 1927.A&O
Chic.R.I.& Pac.—6s,1917,coup J&J 126
t lll%
Chicago & S ou th w estern .... — .
Exten. & col. 5s, 1 9 3 4 ... .....J & J 103 Ï03%
965s 96%
30 yr. deb., 5s, 1921.............. M&S
Chio.& St. L .—1st 6s, 1 9 1 5 ...M & S
Chic. St. L. & P .—Con.5s,19 32.A&O
Chio. & Gt. East., 1st, 7s, 93-’95.
Col.& Ind. C., 1st M ., 7s, 1904. J &J
do
2d M.7s,1904.M&N
Un.& L ogansp .,lst, 7s, 1905. A&O
Chi.St.P.&K.C.—P r’ ty 5s,1934. J&J
1st, g, 5s, 1936......................... J&J
Minn. & N .W .lst, 5s, 1 9 3 4 ..J& J.
Chic.St.P.Min.&Om.—Con. 6s, 1930
Ch.St.P.& Minn. lst,6s,1918M&N
St. Paul&S.City, 1st 6s,1919.A&O
Chic.& W .Ind.—S.fd. 6s, 1919 M&N
G eneralm ort., 6s, 1 9 3 2 -----Q—M
Chi. &W. Mich.—Gen.5s, 1921.J&D! § 98*4 98*s
_____ leorg. & Ports.—6s, 1901 A&O §..... 95
Cin. Ham. & D ay.—Consol. 5sA & .0 5105*4 105%
Consol. S. F., 7s, 1905.......... A&O 121
Consol, m ort., 6s, 1905.........A&O §115 115*3
96*4 96%
2d m ort., gold, 4 *3 8 ,1 9 3 7 ...J&J
Cin. H. & I., 1st M., 7s, 1903.J&J §116% 117
96
C.I.St. L.&C.—1st g. 4s, 1936,Q—F
Con. 6s, 1920....................................
Iadianap. C. & L., 7s, 1 8 9 7 .-F&A
Cin. Laf .& C.—1st, 7s,g.l901.M & 8
Cin. Leb. & Nor.—1st, 5s, 1916J&J :00 101
Cin. R ich. & Chic.—1st, 7s, ’ 95 . J&J (106
Cin. R ich. & F . W.—1st,7s,1921 J&D 117
Cin.&Sp.—7s, C.C.C.& I ., 1901. A&O 110
7s, guar., L.S.& M.8., 1 9 0 2 ..A&O 110
Clearf. & Jell'.—1st, 6s, 19 2 7 .. .J&J 118
Olev. A kron & Col.—
Gen. M., g., 5s, 1 9 2 7 ............ M&S t 96*s
93
96
Equip tr. & 2d M., 10-40S...F& A
SO
C lev«.& C anton—1st. 5s. 1917..T&.T 87

R a il r o a d B o n ds .
C.C.C.&St.L.—C. D iv., 4s, 1939J&J
St. L. div. 1st,col.tr. 4 s .’9 0 .M&N
C. W.&M. Div. - 1 s t , 4s,g. 1991. J &J
Cinn.8an.& Clev.—6s, 1900.-F&A
Consol. 5s, 1 9 2 8 ......... ..........J&J
P eo. & East. cons. 4s, 1940...........
Incom e 4s, 1990....... .................
Qev.Coi.Cin.& In.—1st 7s,’ 99.M&N
Consol, m ort., 7s, 1 9 1 4 ......J & D
Cons. 8. F ., 7s, 1914................ J&J
Gen. con. 6s, 1 9 3 4 .........
J&J
B elief. & Ind. M., 7s, 1 8 9 9 ...J& J
Cleve. & M ah .V a l—G .5 s, 1933J&J
Cle. & P itts.—Con.s.f..7s,1900M&N
Gen. gu. 4%s, g., “ A ,” 1 9 4 2 .J&J
Colorado Mid.—1st, 6s, 1 9 3 6 .. J&D
Consol, g old ,4 s....................... 1940
Columbia & Gr.—1st, 6s, 19 16. J&J
2d m ort., 6s. 19 23.................. A&O
Col.& C.Mid.—1st,4*3 8,1 939..J&J
Colum. H ock.V . & T .—Con.5s,1931
Gen. 6s gold, 1 9 0 4 .................J&D
Col.& H ock.V .—lstM .,7s,’ 97.A&G
Col. & Toledo—1 st7s,1 9 0 5 ..F&A
do
2d m ort., 1900.M&S
Ohio&W .Va.,lst,s.f.,7s,19iOM &N
Col.Shaw. & H ’k .—1st 5s,1940.J&J
Col. & Western, 1st, 6s, 1 9 1 1 ...J&J
Con.&Mon.—B.C.& M.—Con. 7 s,’ 93
Consol, m ort., 6s, 1893___ A&O
Im provem ent 6s, 1911....... J&J
Conn. & Passump.—M ., 7 s,’ 93.A & 0
C onnecting(P hila.)—1 s t ,6s ..M&S
C onsol.RR .of V t., 1st, 5s, 1913. J&J
D ayton & M ich.—Con. 5s, 1911. J&J
Dayton & Union—1st, 7s, 1909J&D
D a y t.& West.—lstM .,6 s, 1905.J&J
1st m ort., 7s, 1 9 0 5 ..................J&J
Delaware—M ort., 6s,guar.,’ 95. J&J
Del. & Bound B ’k—1st, 7s,1905F&A
Del.&Hud.—Coupon 7s, 1894. A&O
1st, M., Pa.Div.,7s, 1 9 1 7 ....M & S
D el.L. & W.—C on vert.7s,’ 9 2 .. J&D
M ort. 7s, 1 9 0 7 .....................M&S
Den. C ity Cable 1st 6s, 1 9 0 8 .-J&J
Den. & R . G.—1st con. 4s, 1936.J&J
1st 7s,gold, 1 9 00....................M&N
Im pr., g., 5s, 1 9 28............. ...J & D
D esM . & F.D.—Guar. 4s,1905. J&J
1st m ort., guar., 2 * ,1 9 0 5 - J&J
38
1st M., on E xt.,guar. 4s,1905J&J
D et.B . C. & A lp., 1st,6s,1913.. J&J
Det.G.Haven&M il.—Equip.6s,1918
Con. M., guar. 6s, 19 18........ A&O
Det. L. & North.—1st, 7s, 1907. J&J
Gr.Rap.L.& D ., 1st,5s,19 27.M&S
Det. Mack.& M.—Ld. gr. 3*ss, S. A.
Dub.&S. City—1st,2d D iv.,’ 94 . J&J
Duluth& Iron R .—1st,5s,1937. A&O
Duluth S. 8h. & AtL—5s,1937,J& J
Dunk.A .V .& P.—lst,7s,g..l9 00J & D
E. T. Va. & Ga.—1st, 7s, 1 9 0 0 .. J&J
D ivisional, 5s, 1 9 3 0 . . . . . . . . .J&J
Consol. 5s, g., 1 9 5 6 ;............ M&N
Trustl receipts............- .......................
1st E xt., gold, 5s, 1937......... J&D
Equip. & im p ., g., 5s, 1 9 3 8 ..M&S
Cincinnati E xt. —5s., g,1940F&A
M obile & B ir m .,ls t, 5s,1937.J&J
K aox v . & O hio,1st, 6s, 1925. J&J
Ala. Cent., 1st, 6s, 1918.........J&J
E ast.& W .A la.—1st, 6s, reo’ ts.1926
Eastern, Mass.—6s, g .,1906. .M&S
Easton & A m b oy —M.,5s,1920M&N
Elizab.Lex.& B ig S.—6s, 1902.M&S
E lm ira&W ’mspt—1st 6s,1910.J&J
5s, 2 8 62....................................A&O
Erie & P itts.—Con. M., 7s, ’9 8 .J&J
Equipm ent, 7s, 1 9 0 0 ...........A&O
Eureka Springs—1st,6s, 1933.F& A
Evans.& ind .—ls t „ g . ,6s,..........1924
1st, con., guar., 19 26.............J&J
Evans.& T .H .,lst con.,6s,1921, J&J
M t.Vernon—1st, 6s, g.,1923A & 0
Sul. Co. Br. 1st, g. 5s, 19 J0.A& O
Evans. & R ich.—1st 5 g.l928 .M & 8
Evansv.T.H .&Chi.—1st, 6s, g.1900
2d, 6s, gold, 1 9 00....................J&J
Fitchburg—5s, 18 99-1903.......Var.
5s, 1908................................... M&N
6s, 1897................................... A&O
7s, 1894.................................... A&O
4%S, 1897................................. M&S
4s, 1907.................................... A&O
Bost.H .T. & West., deb. 5s, 1913.
Flint & P. Marq.—M. 6s,1920. A&O
1st, con., gold, 5s, 1939....... M&N
P ort Huron Div. 5s, 1 9 39............
Fla. C. & P en.— 1st, g., 5s,1918.J&J
Ft.W orth & D env. C.—1st, 6s, 1921
Ft.W .& Rio G .ls t 5s, g., 1928 J&J
Gal.Har.&SanAnt.—1st,6s,g. 1910.
2d m ort., 7s, 1 9 0 5 . . . . . . . . ...J & D
West. Div. 1st, 5s, 1 9 3 1 ....M & N
Gal.Hous.& Hen.—lst,5s,1 913 A & 0
Georgia—6s, 19 10....................... J&J
Georgia P acific—1st, 6s, 1922. J&J
Con. 2d m ort., 5s, g., 19 23.. .A&O
Con. incom e, 5s, g., 1923 ...A & O
Ga. Carol. &N o.—1st, 5s,g. ,1929. J&J
Ga. So. & F la.—1st 6s, g, 1927 .J&J
Gr. Rap. & Ind.—1st, l.g., g ’ d, 7s, g.
1st M .,7s,l.g., gold,not guar. A&O
General 5s, 19 24................ ..M &S
M uskegon Div. 5s, 1 9 2 6 ...J & J ..
E x. 1st., g , 4*23, 1941......... .
Gr. B ay Win. & S t.P —1st, 6s, 1911
2d, incom es, 1911, all sub. p d .. ..
Gan. & St. Jo.—Con. 6 s ,1911. .M&S
Harrisb’ g P., &o., 1st., 4s,1913. J&J
Hart. & Conn.W est.—5s,1 9 03.J&J
Housatonic—Cons. 5s, 1 9 3 7 ..M&N
Go’st.E.&W. T piT.—1 st.7s.’ 98.M&N

§ Purchaser also pays accrued interest, e In London, | Coupon oi£ f In Amsterdam, 1In Frankfort,
|




B id. Ask.
90
90
91*8
§100
107*«
80*3 81
28
30
117*8
132 135
118

121

122%

105
122*3
109
109*3 111
7 0 78
90 105
75
95
88*s 88%
97
108
117
90
104*3
103
101*3
114

102%
95*3
1C8
114

108
143
131*3
98*3 100
82*4
82
118 119
75
75
52*3
117
117
37*3
102

97*3
99
110
110

100
91
91
62

92 4
92
75

100
93
123
84

123*4
"8 7 “

120

§108

111*3
ib o “
115
123

106

109
108%
105%
101
98
119*3 121
101*9 .... .
102%
iö i* 4 i d i %
74

100
100

104
97*3
75
71
109 110
99%
99
56% 58
13
15
103*4 104
75
tm
m
m
(1 1 4
§110
__^ 82%
98
6 96
100
35
116 116%
104
§ 98
103%

634

THE
U S tfE R A Ii

Q U O T A T I O N 'S

CH RO N ICLE,
OP

STOCKS

AN D

[V ol . LIV,
B O N D S — O o n t in u b d .

F o r E x p la n a t io n s See N otes a t H e a d o f F ir s t P a ? e o f Q u o t a t io n s .
R a il r o a d B onds .

Bid.

Ask.

H ouston & T exas Cent.—
W aco & N .W .,ls t, 7 s,g .,1901. J&J 124 127
l s t g . 8s, 1937.......................... J&J 106 107
2d g. 6s, 1912......... . ...............A&O 100% 10 !%
Debenture Cs, 1897...............A&O
87% 90
Gten.g 4s, 1 9 2 1 .................... A&O
62%
.Debenture 4s, 1 8 9 7 ...............A&O
H im t.&Br. T op—1st, 4s, 1920. A&O
Cons. 3d M. 5s, 1 8 9 5 ............ A&O 101
Illinois Cen.—1st,gold,4s,1951. J&J 105 108
93
Gold, 3%s, 1951....................... J&J
Col. tr., gold. 4s, 1 9 52.........A&O
Springfield D lv., 6s, 1898. .J& J 108
M iddle Dlv. reg. 5s, 1 9 2 1 ... F&A 112
Sterling, 8. F ., 5s, g., 1 9 0 3 ..A&O e l0 6 108
Sterling, gen. M.,6s, g., 1895. A&O el 03 105
.Sterling, 5s. 1905.................... J&D e l0 9 111
Chic.St.&N.O.—T.l’n,7s,’ 97.M&N 112%
1st co n .7 s, 1897......................... 1121«
2d, 6s, 1 9 0 7 .........................J&D
.......
5s, 1951, g o ld ....................... J&D i ’1 5 ’ ’
Mem. D iv., 1st 4s, g., 1951 J&D
93
l a d .D . & W.—G old ,5 s,19 47...A& O
90
2 d m . inc. 5 s, 1 9 4 8 ................ J&J
29%
Ind. Deo.& Sp.—lst,7s,1 906 .A & 0 1*2*0% 12058
I i d ’polis& St.L.—1st,7s, 1919. Yar. §116
nd ’ apoli8& Yin.—1st, 7s,1908.F&A 116
2 d m ort.. 6s, g., guar., 1900. M&N 102
In t. & Gt.North.—lst.6s,1919.M & N 126
Do
coupon o ff...................... 110% 111
2d coup. 6s, 1909, Trust ree.M&S
76
Io w a Cent.— 1st g., 5s, 19 38.. J&D
93%
I'a F a lls & 8. C —lst,7 s,1 9 1 7 .A & 0 §129% 130
Jack.T .A K ey W .,ls t6 g .,1917. J&J 101 103
Jefferson—3 st5s, g. Erie, 1909. A&O
103%
Jeff. Mad.& Ind.—1st, 7s,1906. A&O §113% 115%
_
2d m ort., 7s, 1910................... J&J §120
Kanaw. & Mich., 1st 4 g., 1990.J&J
75
'58%
112
Kansas C. Belt, 1st, 6s, 1 9 1 6 ..J&J 109
Kan. C. Clinton & 8pr.—1st,5s,1925 § 90
93
Pleas. H ill & De Soto, 1st. 7s, 1907 §117 120
K.C.F.Sc.&Mem.--lst,6s,1928.M&N §107 107%
K.C.&M .Ry & Br.l st 5 g, 1929.A&O § 97
97%
95
Current R iver, 1st, 5s. 1927.A & 0 § 90
K.C.Ft.8cott& G.—1st,7s,1908 J&D 112% 113
Kan. C. M. & B . - 1st, 5s, 1927.M &8 § 61
61%
99% 100
~
e<iuip., 6 g., gu., 1903... M&8
§121%
K,
0.8t.Jos.& C .B .—M .7s,1907 J&J 122
N odaw ay Val., le t,7 s. 19 20.J&D §109% 109%
85
Kan. C .W y.& N .W .--lst5s. 1938. J&J e 75
Ken. Cent. R y.—Gold 4s, 1987.J&J
83% 85
K en tu cky Un. 1st M., 5s. 1928.J&J
Keokuk&Des M.—lst.5 s, 1923. A&O
98
Kings Co. E l.-S r . A.,5s, 1925.. J&J
98%
2 d m ort 5s. 1938...................A&O
57
59
Fulton El. 1st M. 5s. 1 9 2 9 ..M&8
86
Kings. & Pemb.—1st, 6s,1912. J&J §105
Lake E.& West.—1st,g .,4«,1937J&.T 110%
* .f £ g .,5 s , 1 9 * 1 ....................... j &j
98%
Lake Shore & M ich. So.—
ra. P. & A sh .,n ew 7s, 1 8 9 2 ..A&O 101%
Buff.& E., new bds,M .,7s,’ 98.A & 0 113
Det.M on.& T ol.,lst,7s,1 906 .F & A 126 128
D ividend bonds, 7s, 1 8 9 9 ...A & O 115 116
Lake Shore, cons., cp., 1 st,7s. J&J
122
do cons., cp., 2d,7s, 1903..J&D 124 125
Mahon. Coal R R .lst,5s,1934.J& J 108
K al.A.& Gr. R.—1st 5s, 1938.J&J 106%
L ehigh Val.—1st, 6s, 1898___ J&D 113%
Con. M ste r lin g , 6 g., 1897.. .J&D e l0 5
107
2d m ort., 7s, 1910..................M&8 133 134%
_ Con. M., 6s, g., 1923 r e g ....... J&D 129%
4*28, g., 1940,reo.gu. 102%
f f k - V . Ter.—1St,g.gu.5s. 1941. A&O 108 109
IJtchf. Car.& West,, ls t g .6 s ,’ 16J&J
95
96
L . Miami—Renewal 5s,1 9 1 2 ..M&N § m % 112%
4s F t.S.—1st, 7s, 1905..J&J § 96% 97
Little R.& Mem.—lst,5s,1937.M & 8
72
74
L ong Island—1st M., 7s, 1898.M&N 115
1st consol. 5s, 1931............ Q—J
113%
Gen. M. 4s, 1938..............
j &d
96
N .Y .& R ’y B ’ch, 1 stg.5s,1927.M &S
2d m ort. inc., 1927
S 20% 30%
N.Y.& Man. B each, 1st 7s,’ 97, J&J 100
.»• Y . B. & M. B .,ls t con. 5s, 1935 ICO
Brook. & Mon., 1st 6s, 1 9 1 1 .M&S
119
1st 5s, 1 9 1 1 ......................... M&8 108
J&D 103
2d, 5s, 1938..................
Smith. & P t. J eff.,lst.7 s,l 901M&8
L. I. City & Flu. 1st 6s,191 l.M & N
1*0® V.EV.& St.L—1st,6s, 1926. A&O 109% i ‘1 0
E. R. & E. D iv., 1st, 6s,1921.J&J §106 106%
2d m ort., 2-6s, g., 1 9 3 6 .... .
§ 93% 94
H. T. C.& C. l s i 6s,g., 19 27.A & 0 § 98 100
Consol. 5s, 1939...............
j &j
83%
Louisv.& N ashv.—C ons.lst,7s,i898 112% 113 1
OecUian Br., 7s, 1907............ M&8 103
« . O. & Mobile. 1st 6s, 1930. J&J 120 120
do
2d, 6s, 1 9 3 0 ....J& J 108 110
fflE. H. & N., 1st 6s, 1919....... J&D 113%
Gen’l m ort., 6s, 1 9 3 0 ...........J&D 115
i i ^ o ’v .C .* L ex.—1st,7s,’97" .‘.J&J 108 108%
M 2d m ort., 7s, 1907...............A&O §122 123
f l * 6“ - * 0 .,stl., M.,7s, g., 1901 J&D e l l 6
120
I JK.&Clarksv..8t’g,6s,g.,1902 F&A e106 110
V ffen sacola D iv .,1st,6s,1920..M&8 107
1 /y t.L o u is D iv.. 1st, 6s, 1921. .M&S 116
VS S id o
2d., 3 s„ 1 9 80.M&S
60
\ « a s h . & D ec., 1st 7s, 1 9 0 0 .. . j & j 114 Ü 7
t* S o .& N °.A la.,S . F. 6s, 1903M&N e l l l
113
[¿T en-forty 6s. 1 9 2 4 .................M&N 102%
^ »0 -year gold, 5s, 1937......... M&N 103
I V n ifie d 4 s , g .,1 9 4 0 ...............J & J
81
82
105%
fei
& AU— lst,6s,gu ,’ 21.F&A 103
5s, 1 9 d l........M&N 102% 103%
4_B. & N. A l. s. f. 6s, 1 9 1 0 ....A&O 100
Consol. 5s, 1936................. F&A
93
95
t £ * & £ • ^ • letg d . g.5s, 1937.F&A
98
100
LSV.N.A.& Chic.—1st,68,1910. J&J 111
¿.C on . m ort. 6s, 1 9 1 6 ............... a &O
100
General m. g. 5s, 1940......... M&N
I n d a p . Div., 6s gold, 1 9 1 1 ..F&A
1*0 iSV.N.O.&Tex.—lst.4s,1934M &8 85 .....

R a il r o a d B onds .

* P rice nominal. § Purchaser also pays accrued interest,




3id .

Ask.

L. N. O. &T.—2dm .,inc., 5 s,1934M&S
91
Louis.St.L.&T.—1 st 6s,g.l917.F & A
93
65
Louisville Southern 5 s .......... .J& J
Macon & Nor.—1st 4 % s ,1 9 9 0 .M&S
Manhat. El., consol. 4s, 1 9 90.A&O
82
Bond, scrip, 4s e x t . . . ...........A&O
1173g
Metrrop’n El.—1st, 6s, 1 9 0 8 ..J&J
2d 6s, 1899.......................... M&N
103%
N .Y .E leva ted —1st. 7s, 1906. J&J
115
MaineCent.—Mort. 7s, 1 8 9 8 ... J&J
112
E xten. bonds, 6s, g., 1 9 0 0 ...A&O
Cons. 7s, 1912.........................A&O
137k!
107*4
Cons. 4%s, 19 12......................A&O
106
Leeds & Farm’g t’n, 6s, 1896.J&J
104 %
P ortl. & K.,Cons. M., 6s, ’ 05.A&O
Debenture, 6s, 10-20s. 1 9 05.F&A
103
Maric.&Phoenix—1st 6s,1919.M&N
io o %
85
Mar’ta& N. Ga. - lst,6 s,g ., 1911. J&J
25
Consol., 6 g., 1937............ ;...J & J
35
Marq’ tte Ho.& O.—M ar.& 0.,8s, ’ 92 §100 100%
6s, 1908..................................... M&S §102 102%
6s, 1923 (extension).............. J&D §100% 101
6s, 1925 (Marq & W est.). A&O §101% 102
Memph.& Chari.—1st,7s, 1915. J&J 118
2d m ort., 7s, extended, 1915. J&J 118
1st consol. 7s, 1915................. J&J 113% 115
1st, cons.. Tenn. lien, 7s, 1915 J&J 117 119
G old, 6s, 1 9 2 4 ...........................J&J
2d 6s, 1899.......................... M&N
Mex. Cent.—Consol. 4s, 1911.. J&J *69% *69%
1st con. inc. 3s, 1939............July § 35
35^4
2d con. inc. 3s, 1939.............. Julv § 18
19
Old 1st m ort. 7s, 19 11.......... J&J
Mexican Nat.—1st, 6s, 1 9 2 7 ..J&D
2d M.,Ser. A ,in c.,6 s,1 9 1 7 ...M&S
2d M.. Ser. B, inc.,6s, 19 17.. April
Mich. Cen.—Consol., 7s, 1902.M&N 123% 124%
Consol. 5s, 1 9 02..................... M&N 107%
6s, 1909..................
M&S
5s, coup., 1931......................... M&S 111
99%
M ortgage 4s, 1 9 4 0 .................. J&J
J. L. & Sag.—1st ext. 5 s ....... 1901 103% 105
116 .........
J oliet & N .In d .,lst,7s (guar.M C.)
Det. & B. C., 1st 8s, l » o 2 ..M &N
95 100
Midd. Un. & W at.Gap—1st,5s,1911
80
2d 5s. guar. N. Y . S. & W., 1896.
125
Mil. Lake Sh.&W .—6s, 1 9 2 1 ..M&N
Conv. deb. 5s, 1907...............F&A 102%
E xt. & Imp. s. f. g. 5s, 1 9 2 9 ..F&A ...... 106%
Mich. D iv., 1st, 6s, 1924....... J&J 120 124
A shland D iv., 1st 6s, 1 9 2 5 ..M&S 120%
112
Incom es, 6s, 1 9 1 1 .............. M&N
St. P .E . & G r. T r’k, 1st, guar., 6s. 111 115
MU. & N o —1st, 6 s ,1 9 1 0 ....J & D 113% 114
1st, consol. 6s, 1913.............. J&D 114
Minn’p. & St. L.—1st, 7 s,1927. J&D 118%
1st M., Iow a City& W., 1909. J&D 115
71
2d m ort., 7s, 1 8 91....................J&J
Southwest. E x t.,ls t,7 s,1 9 1 0 .J &D 105
100
P acific Ext., 1st, 6s, 1 9 2 1 .. A&O
69
Im p. & Equip. 6s, 1922...........J&J
Minn’p. & P ac., 1st, 5s, 1 9 3 6 ..J&J e 90 100
Minn. S. Ste. M. & A tl.—1st,4s,1926
96
Consol. 4s, 1938.......................J & I e 94
8 1 k 813Q
M o.Kan.&T.—1st, g ., 4s,1990. J&D
50% 505s
2d, g. 4s, 1 9 9 0 ....................... F&A
75%
Kans. C. & Pac. 1st 4s. g . F&A
90
Dal. &Waoo lst,gu.,5s,!940.M & N
109
Mo. P ac.—Consol. 6s, 1 9 2 0 ...M&N
3d m ortgage, 7s, 1 9 06.........M&N 115%
90
Trust gold, 5s, 19 17...............M&S
80% 82
Col. trust, 5s. 1920................ F&A
L exin gton D iv., 5, 1920.......F&A t l0 4
97*2 98*4
P a c.of M o.,lstex.g.4s,19 38.F & A
2d 7s, 1 8 91............................J&J 106%
V er’ sV y.Ind.& W .lst5s,i926M & S Î 99
L eroy & C. Val., 1st,5s, 1926.J&J
Car. Br., 1 s t , 6s, g. 1 8 9 3 ....A&O
8t. L .l’ aMt.&So.—1st,7s, ’ 92.F&A
2d mort., 7s, g., 1897........... M&N 109% I I I
Ark. Br. 1. gr., M., 7s, g., ’ 95. J&D 10 6 % 107%
Cairo Ark. & T .,1st,7s,g.,’97.J&D 107%
84
84%
Gen. con. r’y & 1. g., 5s,1931A & 0
M obile & O.—1st, g ’d, 6s, 1927. J&D 116 116%
1st E xtension 6s, 1927.........Q—J 110% 112%
62% 63
Gen m ort.. 4s, 1938...............M&8
St.L.& Cairo—4s, guar., 1931. J&J
Mont. & E uf aula, 1st 6s, 19 09.. J&J 101 102
M org’n’ 8La.& T ex.,lst,68,1920J& J 110%
123%
142
Morris & E ssex—1st, 7s, 1914 M&N
Conv. bonds, 7s, 1900............ J&J 114
General m ort., 7s, 1 9 01....... A&O 121 123
139 140
102
Nashua & L ow ell—6s, g . , ’9 3 .F&A §101
5s, 1900.....................................F&A §104 106
128 129
Nash.Chat.&S.L.—1st,78,1913. J&J
112
2d m ort., 6s, 1901....................J&J
Consolidated gold 5s, 1928.. A&O 104
New Haven & ¡»erby—C on.5s,1918 §100 102
New H aven & N ., 1st 7s,1899,.J& J I 16 U S
Consol. 6s, 1909......................A&O 120%
101
N. J. Junction, 1st, 4s, 1 9 8 6 ..F& A
N. J. & N .Y .—1st, 6s, 1910.. .M&N 10Ó
N, J.S ou.—1st, 6s, 1899 int.gu.J&J ......... 107
N. O. & Northeast.—P rior 1.68.1915
N. Y. & Can.—£ M., 6s, g., 1904.M&N el 15 117
N.Y.C.& H ud.R iv.—JExt’d 5 s . M&N 103% 103%
«
1st coup. 7s, 1903..........
J&J 12 61
Debenture 5s, 1884 1 9 0 4 ...M &S 10 8 % 109
do
5s, 18 89-1904...M &S 107%
do
4s, 1890-1905 . . . J&D 103 105
120
S te ilin g m ort., 6s, g., 1 9 0 3 ...J& J e l l 8
9ó%
N. i .(_hie.& St.L.—1st,4s,1937.A&O
N. * . & Greenw’d L .—1st M. inc. 6s
2 * m ortgage incom e, 6 s................
N. / &Hariein—7s,coup.,1900.M&N 123
L29
N. i. Laok.& W.—1st, 6s, 19 21.J&J
d, 5s, guar., 1923............... F&A 110
N Y . Lake Erie & Western—
1st M „ ext. 7s, 18 97...........M & N 113% 116%
2d m ort, extended,5s, 19 19.M&S 116
3d M. extended, 4 % s ,19 23..M&S 107% i 03
e la London.

R a il r o a d B onds .

Bid.

Ask.

N. Y . Lake Erie & West.—(Cnnt’d.)
4th M., extended, 5s, 1 9 2 0 .. A&O
115
5th M., extended, 4s, 1928.J& D 102 1031«
1st cons. M., 7s, g.,19 20....... M&S 136 1361«
1st cons, fund coup.,7s,1920 M&S 130 135
R eorganizat’n 1st lien, 6s, 1908
115
L ong D ock m ort., 7s, 1 8 9 3 .. J&D 105 «s 106
L on g D ock con. g., 6s, 1935 A&O 117
New 2d cons.6s, 1 9 6 9 ...........J&D 107% 1071«
Collateral Tr. 6s, 1 9 22......... M&N
113
92
Funded coupon 5s, 1 9 69___J&D
941«
G old incom e bonds, 6s, 1977 ___
Chic. & Erie 1st 4-5s g. 1982.M&N 104 104%
Incom e 5s, 19 82.........................
51% 52
C oal& R R . 1st, gu.,6s,19 22. M&N
N.Y. & L. B r’ch— 1st, 5s, 19 31.J&D
N. Y. N. H. & H .ls t r . 4s,1903.J&D
1*08
N.Y.&North’n —
1st g .5s,1927. A&O 105%
63
2d gold 4s, 1 9 27.............................
65
N .Y.O nt.& W .—l8t.g .,6s,191 4M & * 111
Consol. 5s, g., 1939................ J&D 104% 105
N. Y. & N. Eng.—1st, 7s, 1 9 05.J&J 119 119%
1st M., 6s, 1905....................... J&J 111 111%
§104 104%
2d m.,6s, 1902.................
F&A
N. Y. Pa. & O.—Prior Uen, 6s, 1895 el0 4 108
do
1st 7s. 1 9 05.............. e 34% 35%
5%
2d m ort, inc., 5s, 1910................. e 4%
3d m ort, inc., 5s, 1915......... „ ........ e 1%
2%
Equin. Trust., 5s,19 08.........M&N e 98 100
N.Y. Phil. & Nor.—1st, 1923 ..J& J 109 110
Incom e 6s, 1933..................... A&O
38
N. Y.. Prov. & B oston 7s, 1899. J&J
N .Y .S .& W .-lst refnd.,5s,1937.J&J 104% 105
82
2d m ort., 4%s, 1 9 3 7 ...............F&A
87%
Gen. m . 5s, g, 1940.............. F&A
M idl’d o f N. J .—1st,6s. 1910. A&n 115% 116
97% 100
Norf.&Soutb.— ! st g., 5s,194l.M & N
Newb’ g Dutch.& Conn.— Tnos. 1977
Norf. & West.—Gen., 6s. 1931.M&N 120
New R iver 1st 6s, 1 9 32........A&O 115
Im pr. & Exten., 6s. 1934___ F&A 111
Adjustm ent 7s, 1924.........Q.—M.
E quipm ent, 5s, 1 9 0 8 ...........J feD
94%
Clinch V. D., 1st 5s, 1 9 5 7 ....M&S
Mfcryl. & Washington D iv. 1st g.
92% 93
5s, 1 9 4 1 .................................J&J
Debenture 6s, 1 9 05...............M&S
N orf’ k & P e te rsb .,2 d ,8 s, ’9 3 .J&J i*03*‘
So. Side, Va., ext. 5-6s...........1900 100 .........
do
2d M .,ext. 5-6s ...1 9 0 0 100
do
3d M.. 6s, ’ 96-1900.J&J 100
Va.& Tenn., 4th M .,8s, 1900. J&J 120%
do
extended 5s,1900. J&J 100
*95*’
100-year m ort. 5s, 1 9 9 0 ....... J&J
North. Pac. Coast 1st 6 s .........M&N *1*02%
113 114%
North Penn.—1st,7s, 18 96....M & N
Gen. m ort., 7s, 1 9 0 3 .............. J&J 129
Debenture 6s, 1 9 05................ M&S
Northeast.,8.C.—1st M .,8s,’ 99,M&S 115
2d m ort.. 8s, 1 8 99 ..................M&S 114
C onsol, gold, 6s, 1933............J&J 105 107
Northern, Cal.—1st, 6s, 1 9 0 7 .. J&J 108 110
Consol. 5s, 1938......................A&O 100
Northern Cent.—4%s, 1925. .A&O 102
2d m ort., 6 8 ,1 9 0 0 .. . . . . ____A&O
Con. m o rt.,6s, g .,oou p ., 1900.J&J 113%
M ort, bds., 5s, 1926, seriesA J&J 109%
do
series B ....... ................ 108%
119
Cons. M. 6s., 1904....................J&J
109%
Con. m ort, stg. 6s, g .,1 9 0 4 ...J& J
*1*02
Union R R .—1st, 6s, end. Cant.,’95
Northern P ac.—Gen., 6s. 1921.J&J 117% 118%
Gen. land g r.,2 d , 6s, 1 9 3 3 ...A&O 112%
Gen. land gr., 3d, 6s, 1937...J& D 110%
78%
L. G. con., g. 5s, 1989 .........J&D
Dividend scrip ext. 6s, 1907.J&J 103 —
Pen D ’Oreille D iv., 6s, 1919.. M&S 101%
Mo. D iv. 6s, 1 9 1 9 ..................M&N 105
101
97
James R iv.V al.— lst,g.,6s,’36J&J
97
Spokane & P al.,1st 6s, 1936.M&N
Helena& R ed M t.lst,6s, 1937M&S
Dul. & Man., 1st, 6s, 1 9 3 6 ...J&J 101% 103%
101
Dak. Ext., 1st, s.f. 6s, 1937.J&D
N o.Pac.& M on., 1st,6s, 19 38.M&S 97% 98
Coeur d’ AL, 1st, g-, 6s, 1916.M&S
ib ö “
do Gen. 1st g., 6s, 1938. ..A & O
Cent.Wash’n, 1st g ,6s.l9 38. M&S 100%
77%
77
Ch. & N o. Pac. con. 5 g. 1940. A&O
North.P. Ter. C o.—1st, 6s. ’ 33.J&J 107%
N. W. Gr. Trunk 1st. 6s, 1910 .J&J 107
93
85
N. W. Nor. Car. 1st 6s, 1 9 3 8 ..A&O
Norw’h& W or.—ls t M .,6 s .’ 97..M&S §107 109
Ogd.& L.Cham.—
Cons.6s,1920. A&O 105 105%
33
30
Incom e, 6s, 1920...........................
Ohio I. & W.—1st p fd .5 s,l9 3 8 .. Q-J
Ind. Bl. & W.—1st, p i.,7 s. 1900.
O. & Miss.—Cons., s.f., 7s,1898. J&J 112% U 4
Cons, m ort., 7s, 18 98---------J&J 112% 114
2d consol, m ort., 7s, 1 9 1 1 ...A&O 115% 116%
lst.S pringf. D iv., 7s, 1 9 0 5 ..M&N 113%
98,
1st gen., 5s, 1 9 3 2 ................ .J.&D
102
Ohio R iver R R .—1st, 5s, 1936. J&D
Gen. gold, 5s, 1937.................A&O
Ohio Southern—1st 6s, 1 9 2 1 ...J& D 110 110%
64% 65
Gen. M. 4s, 1921.................... M&S
Ohio V alley—Gen. M.,5 g .,1936. J&J
Old Colony—6s, 1 8 97................ F&A §108 108%
6s, 1895.....................................J&D §lü5 106
7s, 1 8 9 4 ....................
M&S §105% 106
4%s, 1904..........
..A & O §106 106%
103%
4% s, 1 8 97................................. J&D §103
4s, 19 38...................
J&J §101% 102%
B. C. F. & N. B., 5s, 1910 ..J& J §113% 114
N. B edford R R ., 7s, 1894 ..J&J §104% 105
62%
Omaha & St. L .—1st, 4s, 1937.. J&J
Orange Belt—IstM ., 5s, 1 9 0 7 ..J&J
O reg.& C al.—1st 5s, 1927......... J&J
Oreg. R ’y & Nav.—1st os, 1909.J&J 110% L ll%
94
92
Consol, m ort. 5s, 1925 ......J & D
85
Collateral trust : S, 1 9 1 9 ....M & i
Osw.&Rome—IstM ., 7s, 1915.M&N 130
Too**
Ox.&Oiark.— 1st, p.& i. gu. 6s.M&S
1st interest guar., 6s 1937..M&N .............. 100

| Coupon off. t In Amsterdam, i In Frankfort, Germany.
j

THE

A pril 16, 1892.]

GENERAL QUOTATIONS OF STOCKS AND
F o r E x p la n a t io n s See ¡Notes a t H e a d
R a il r o a d B onds .

Bid. Ask.
108
li. 4

«Panama—Sterl’g M ., 7s. g. ’ 97.A & 0 e l0 6
Subsidy bonds, 6s, 1 9 1o___MAN e l 02
P en n .R R .—Gen.M, 6s, c, 1910. J&J 130
Cons. M., 6 s ,c p .,’ 05.J. 15 & D . 15 122
Collateral trust, 4% s, 1 9 1 3 ..J& D 109
Consol. 5s, ep., 1 9 1 9 . . . . ___ M&S 111%
Equip. Tr. 4s, series A ..........Q—F
P enn. Co., 6s, coup., 1 9 0 7 ..0 .—J 104 *3
Penn. Co. 1st M .,4% s,1921,r.J& J 106 hi io;
-Penn.& N.Y.Can.—1st. 7s, ’ 96. J&D 110
1st m ort., 7s, 1906..................J&D 125
100
& R R . consol. 4s, 1939...........A&O
Penn. & N. W.—5s, 1930...........J&J 103%
P a. P. & Host.—1st, 6s, 1 9 3 9 ..J&J
107
"Peo. Dec. & E v .—1st, 6s, 19 2 0 .J&J
71
2d m ortgage, 5s, 1926.......... M&N
104
E vansville D iv .,lst 6s.1920.M&S
P eo .& P e k in U r . —
lst,6s;1921.Q —F 112
70
2d m ort.. 4%s, 1921............. M&N
Perkiom en—1st ser. 5s, 1918 Q —
J
2d series 5s, 1918.................Q.—J
Petersburg -C lass A , 5s, 1926. J&J 104
Class B , 6s, 1926....................A&O 106
Phila.& E .-O en.guar.,6s,g.,’ 20. J&J 128
General 5s, 1920..................A & O 111 %
99%
General 4s, 1920.................... A&O
Sunb. & Erie—1st, 7s, 1897.. A&O 113
P h il. &Reading—1st,. 6s, 19 1 0 .J&J 125
2d, 7s,18 93..............
A&O 103 hi
Consol.M .,7s,1911, reg.& c p . J&D 1311a
"Consol, m ort., 6s, 19 11.........J&D
Im provem ent m o rt.,6s, '9 7 .A&O 104
Cons. 5s, 1st series, 1 9 2 2 ....M&N 104%
D eferred incom e 6s.............. .........
fc7h> 83%
N ew gen. m ort., 4s, 1958___J&J
75% 76%
1st pref. inc., 5s, gold, 1958___F
68 % 68 %
2 d p re f. inc., 5s, gold, 1958___ F
59% 59%
3d pref. inc., 5s, gold, 1958___ F
61% 62%
3d pref., inc., 5s, co n v e rtib le ...F
Term. 5s, gold, guar., 1941.Q.—F
•Phila. Wil. & Balt.—6s, 1 8 9 2 ..A&O 100 100%
6s, 1900....................................A&O 108 109
5s, 1 9 1 0 ..................
J&D 104 106
Trust certs. 4s, 1922............ M&N
98
Pied. & Cumb.—1st, 5s, 1 9 1 1 .F&A .......
iPlt.C.C.&St.L.coD.4%s v,1940A & 0
PittSb.O.&St.L.—1st, 7s. 1900.F& A ......... ï i é ”
P ittsb.^i.& T ol.—1st, 6s, 1922. A&O
Pittsb.& C on’llsv.—lstM .7s,’ 98.J&J 113% 114%
Sterling cons. M. 6s, g., guar .J&J e l2 6 128
Pittsb.Ft.W . & C .—1st,7 s ,1912 Var 142 146
140
2d m ort., 7s, 1 9 12.................. V ar
'3 d m ort., 7s, 1912....................A&O 130
Pittsb. Juno. 1st 6s, 1 9 22.........J&J 116 117
Pittsb. & Lake E.—2d,5s, 1928 A&O 107% 109
Pittsb. M cK,& Y.—1st,6s,1932.J&J 125
97%
P itts.Pain.& F.—lst,g.,cs,1916J& J
Pitts. Shen.& L. E .ls t 5s,1940. A&O
P ittsb. & West.—1st, 4s, 19 17.J&J
82% 83
Pitts. Y . & Ash.—1st,5s, 1927.M&N 106
Ashtabula & Pitts.—1st 6s, 1908. 110
P ortl’nd&Ogb’g—lst6s,g.,1900J& J 5113% 114
P ort R oyal & Aug.—1st, 6s, ’99.J& J
Incom e m ort., 6s, 1 8 9 9 .........J&J 110
Ports.Gt. F. & Con.—4*38,1937. J&D 5105 105%
Pres. & A riz.C .—1 s t g.6s,1916.J&J
2d inc. 6s, 1916.......................J&J
P ro v .& Worces.—1st 6s,1897. A&O 107% 109
R aleigh & Gaston—8s, 1 8 9 8 ...J & J 116% 117%
Ren.& 8’toga—1st 78,1921 oou.M&N 145
Rich.& Dan.—Gen.m., 6s, 1915 J&J 107% 108
Debenture, 6s, 1927...............A&O 91
Con. m ort, gold, 5s, 1 9 3 6 ...A & O
88
Equip. M. s. f. 5s, 1 9 0 9 .........M&S
Wash. O. & W 1st gu.4s,’24.F&A
RiCh.Fr. &P.—Cons.4 %s ,1940. A&O
Rich. & Petersb., 6s, 1915___M&N 115
Rich. Y ork R. & Ches., 1st 8s, 1894 103
2d m ort., 6s, 1900.................,M&N
100
Rich. & W estP t.Ter., 6s, 1897. F&A
89
89%
Trust receipts..............................
89
90
58% 58%
Con. col. trust, 1st, 5s, 1914.M&S
Trust receipts...................... .......
58% 58%
79% 79%
R io Grande West., 1st 4 s,1939. J&J
R io Gr’de June. 1st gu.5s,1939. J&D
10
91
R io Gr. South.—1st, 5s, 1940.J&J
86%
R om e & Carrollt.—1st, os, g., 1916
100
R om e W.&O.—Con., ex. 5 s,’22 . A&O 111% 112%
Rutland—1st M., 6s, 1902___ M&N 109% 109%
E quipm ent, 2d 5s, 1898........F&A 5100 % 10 0 %
« t . Jo. & Gr. Isl’d—1st,guar.6s,1925.
99
2d m ort., incom es, 5s, 1925.........
36
Kan. C. & Om. 1st 5s, 1 9 2 7 ..J&J
80%
St. L. A lt. & T.H. 1st M., 7s, ’ 94.Var 107
2d m ort., pref., 7s, 1 8 94......... Var 104%
2d incom e, 7s, 1894...............M&N 105 107%
Div. bonds, 1 8 9 4 .....................
65
66
:B ellev.& 8.Ill.,lst,S .F .8s,’96.A&<) 110 %
Bellev.& Car., 1st 6s, 1 9 2 3 ..J&D 108 110
Si1 ? 1 |:‘ & P »d .,l8 t,g ., 5s, 1917..
, B t.L South., 1st, 4s, 1 9 3 1 ..M&S
do 2d, incom e 5s, 1931 ..M&S
80
Carb. & 8h aw .,lstg.4s,1932.M & 8
Bt.L. So. W. 1st,g ..4 s, 1 9 8 9 ...M&N
71% 72
2d, g., inc. 4s, 1989................. J&J
32% 33
cl.A , 1906. M&N 114
2d M., 6s, class B, 1906....... M&N 113% 116
2d M., 6s, class C, 1 9 0 6 ....M &N 114
1st m. Mo. & W. 6s, 1 9 1 9 ... F&A e l0 4
114
Equipment 7s. 1895............... J&D 100
General m ort.. 6 8 ,1 9 3 1 ......J & J 109
General m ort., 5s, 1931.........J&J
96
1st trust, g., 5s, 1987............A&O
80
Con. gu. 4s, g ., 1990.............. a &O 69
71
Kan.C . &8vv., 1st,6s,g.,1916..J&J
105
•Ft.8.& V.B.Bd.,1 st,6s, 1910.A&O
St.L.K.&So.W. -1 st 6s, 1916M&S
103
Kansas Mid.—1st, 4s, 1937. J&D
St. Louis Salem & A rkansas—
5s t 92
St. L. W. & W., 6s, 19 19....... M&S tl0 9
fit. jü. V. & T. H.—1st M., 7s, ’ 97. J&J 111
2d m ort., 7s, 1 8 9 8 . . . . ......... M&N 105
2d. 7s. guar., 1898................ M&N 108
Vcioo nommai.




635

C H R O N IC L E .

R a il r o a d B onds

BO ^DS— C o n t i n u e d .

o f F ir s t P a g e o f Q u o ta tio n s .
Bid.

Ask.

R a il r o a d and Misc e l . B on ds .

Bid.

Ask.

St P. & Duluth—1st, 5s, 19 3 1 .F&A 1C5
Wabash—Continued.
Deb. m ort., series B, 1 9 3 9 ...J & J
44
2d m ort.. 5s, 1917..................A&O 103 104%
45%
Det. & Chic. E xt.,lst,g ..l9 4 1 .J & J
8t P.Minn.& Man.—1st 7s,1909 J&J 109
St.L.K.C. &N. (r.est.&R.),7s.M&8 105 106
2d 6s, 1909.............................. A&O 115
do St. Cha’s Bridge 6s, 1908 107
Dak. E xt.. 6s. 1 9 1 0 .............. M&N 11 «%
do No. Mo., 1st, 1 8 9 5 .. .J&J 107%
1st consol. 6s, 1933 .............. J&J 120%
West Chester—Con. 7s, 1 8 9 1 ..A&O
1st consol.,reduced to 4%s ..J& J 101 102
88
W. Jersey & At. 1st M .,6sl910M &8
87
Montana E xt., 1st, 48, 1937.J&D
_
West Jersey—1st, 6s, 1 8 9 6 ....... J&J 106
Pac. E xt., 1st 4s, £ , 1940— J&J
122
1st M.,7s, 18 99........................ A&O
Minn’s U’n, 1st, 6s, 1 9 2 2 -----J&J 113
117
West Shore—Guar. 4s, 2 3 6 1 .. .J&J 103% 103%
Montana Cent.— 1st. 6s, 1937J&J
West V a. C. &Pitts.—1st, 6s, 1911J &J 107 108
1st, guar., g , 5s, 1 9 3 7 ....... J&J 103%
99%
West. V a.& °itts.—ls t 5 s ,1990. A&O
East’n, Minn., lst,g .,5s,1908. A&O
121
123
St.P.&No.Pac. — en .6s.l923.F & A
G
West.Maryl’ d—3d en.,6s, 1900. J&J 114 H __,
64%
4an Aut.& A.Pass.,lst,6s,1916.J& J
West. N.Y.&Penn—lst.5s, 1937J&J 101%
32
64%
35
2d m., 3s g.—5s sc. 1927___A&O
1st. 68 ,192 6..............................J&J
97%
Warren & Frank., lst,7 s,’ 96 F & A 107
SanF.& N.P.— 1st,5s,g.,1 9 1 9 ...J&J
86
120
93
3andusky Mansf. & N.—1st, 7s,1909 117
W’n No.Car--Con.6s,guar.l914.J&J
Sav.Am . & MoD.con.,6,g.,1919.J&J 74% 75% West’nPenn.—1st M., 6s, ’ 9 3 ..A&O 100
Sav. FI. & W.—1st, 6s, 1 9 3 4 ..A&O 109% 110%
P itts. B r., 1st M., 6s, ’ 9 6 ....... J&J 106
Gold 4s, 1928............................J&D
At. & Gulf, con. 7s, 1897 ....J & J 109
—
Wheeling & L. Erie—1st,5s,...1 9 2 6 104
So. Ga. & Fla.—1st, 7s, 1899. M&N 108
105
2d. 7s, 1899.........................M&N 105
Wheel. D iv., 1st, 5s, 1 9 2 8 ___ J&J
94%
81
Sciot.V.&N.E.-lst,g.,4s,1989.M &Nj 80
Extens. and Imp. 5s, 1 9 3 0 ..F& A
Ì l8
106
Seaboard & R oan ,--6s, 1 9 1 6 ..F&A
Wilm. Col. & A ug., 6s, 1910 ..J& D
104% Wilm. & W eldon—7s, g., 1 8 9 6 .. J&J 112
5s, coup., 1 9 2 6 ................. . J&J
91
90
3eat.L.S.& E.—lst,gold,6s,’31.F&A
5s, 1 9 35..................................... J&J 111%
80
■iham. Sun.& Lew.—1st, 5s,’ 12 M&N
Winona&S.W.—1st,63,g .,1928. A&O 75
91
92%
31iam.V.& Potts.—7s, cou. 1901J&J
Wiscon. Cent.Co.—1st,5s 1937.J&J
_ 36
So. Cen. (N.Y.)—Consol, mort., 5 s.. " 20 “ 3 0 ”
Incom es, non-eum., 5s, 1937....... _
108
9o. Carolina—1st M.,6s,1 9 2 0 .. A&O 106
Wore. Nash. & R.—5s, '9 3 -’95 . Var. §10 0 % 101
102
2d m ort., 6s, 1931................. J&J
Nash. & R och., g u a r..5 s.’ 94.A & 0 §101
13
In«orae 6s. 1 9 3 1 ......... ...................
M IS iO E IiL A N E O U S B O N D S .
16
Crrts. o f deposit..........................
Amer. B ellTeleph’e — 1 8 98.F&A §113% 114
7s,
So. Pao.,Ariz.—1st,6s,1909-10.J&J 104
......... Am. Cot. Oil—M. g. 8s, 1 9 9 0 ..Q F 110%
Am.WaterW ’sCo.—1st 6s,1907. J&J
So P a c.C a l.-lst,6 s,g .,1905-12 A&O 113
1st con. gold 5s, 1907............ J"&I
1st con, g, 5s, 1938............... A&O
Amer. Steamship—6s, 1 8 9 6 ...A & O 104
So. Pac. Branch—6s, 1937___ A&O 104% 106
So. Pac. Coast—1st gu., g., 4s, 1937 104%
Booneville Rridge 7s, 1 9 06...M \iN
So. Pac.. N. M.—1st, 6s, 1911 .J&J 104%
Boston & Montana—7s, 1 8 9 8 ..J&J § 101 % 102
100
Spok.Falls &N.—1st 6s,g.,1939. J&J
Bost. Un. Gas—5s, 1939. r.rec.J&J y 90
§100
OahabaC’ lM in.—1st g. 7s,1907. J&J 108 112
State L. & Sul.—1st 6s, 1 8 9 9 ...J& J
62
65
Ches. & Del.Can.—1st 5s, 1916. J&J
Stat. Isl. R. Tr.—lst6 s,g .,1913. A&O
2d mort. guar. 5s, g., 1 9 2 6 ...J&J
Ches. & Ohio Canal—6s . . . ___ J&J
90% 91
Steuben. & Ind., 1st 5s, 1 9 1 4 ..J&J 106
Chic. Gas L. & C .- g . 5s, 1 9 3 7 ..J&J
94% 94%
Chic. June. col. g. 5s, 1 9 1 5 ___J & f
Snnb.Haz.&W-B.—lst.5s,1928M&N 106
93
98% Colorado Coal & I—6s, 1900. ..F & A 100%
2d m ort., 6s, 1938, reg....... M&N
97
Col.&Hook.C’l& L
’n—g.6s,1917. J&J
Sunb. & L ew istow n, J a, 1 8 9 6 ..J&J 107
18
19
111 114% Comst’ k Tun.—1st in. 4s,1 9 19.M&N
112 % 114
Consol. Gas, Balt;.—6s, 1910. .J&J
Syr.Bing.&N.Y.—oonsol.7s,’06A&O
99%
86%
Syracuse S t. R ’y .—1st, 5 s,19 20. J &J § 84
Oonsol. 5s, 1939 ..................... J&J
107
103
Consolid. Coal—Conv. 6s,1897.J&J
Terre H & Ind.—1st, 7s, 1893 A & O I103
104%
Denv.Clty W ater Co. 5s,g.’ lo.M &N
100
Denver Con. Gas 1 st 6s, g . . . 1911
EdisonE lec. 111. Co.—lsts. 5 s .. 1 9 1 0
97% 99%
Eq.G’s&F.,Chic—ls tg .6 s ,1905. J&J
Tex. Cent.—lst,sk.fd.,7s,1909M & N
1st m ort., 7s, 1911................M&N
......... Gr’d R .C l.& C —1st g.6s,1919 A&O 106%
Henderson Bridge—6s, 1931. .M&S
Texas & New Orleans—1st,7s.F& A
103
Hoboken L. & Imp. 5s, 1910..M&N
100
Icniianapolis Gas 1st 6s,U 20.M & N 100 102
82
83% 84
Iron Steamboat Co.—6s. 1901. J&J
30% 31
Laclede Gas, St. L .—5s, 1919.. Q—F [81
109%
Third A venue 1st 5s, 1937.......J&J 112 113% Lehigh C. &N av.—M.4 %s,1914. Q—J
1ÍÓ%
93
92
Tol. A . A.& Cad.—1st,6s, 1917
R R . 6s, 1897........................... Q—F 109
Tol. A . A .& G r.T .—lst,6s,1921.J& J 110%
Convert. 6s, 18 94....................M&S 102
M ort. 6s, 1897...................15 J&D 110% i í i %
Tol. A. A.&M .P.—1st,6s, 1916. M&S
101
Consol, m ort. 7s, 1 9 11.........J.&D 132%
Tol.A.Ar.&N.M.—lst,6s,1924.M & N
87%
Gen. m ort. 4% s, 1 9 2 4 .......... Q—F 101% i o i %
1st consol. 5s, g. 1940............J&J
......
Tol. & Ohio Cent.—1st, 5s, gu.1935 105% 105% Man.Boh H .L gen.4sg.1940 .M&N 48
Min’p ’sS t. R ’y 1st con.5s. 1919 J&J
Tol. & O. C. E x t.—1st, 5s, g., 1938. § .........
95
Mut. Un. T el.—Skg. f d. 6s,1911. M&N 108
D o do guar............................... § 90
’3
Nat.St’rchM f.C o.-lst,g.6s,’20 M&N 102% i'0
100
M arietta Min., 1st, 6s, g., 19 15..
New Eng. Telephone, 6s,1899. A&O ¿102% 103%
Tol.Peoria&W.—1st,4s,1 9 1 7 ....J&J "7938
S 18
22
97
Tol. S t.L .& K .C .,lst,6s,1916...J& D
97% New Orleans Pac.—Land grants...
N .Y .& O at.L’ d— 1stg. 6 s ,ln l0 F&A
Troy & Boston 1st 7s, 1 9 2 4 ...J& J §•
91
Ulster & Del. con., 5 ,1 9 2 8 ___J&D 100
N.Y. & Perry C. & I. 1st g.Cs, 1920.
Northw’n Telegraph—7 s,1904 J&J
United Co’ sN .J—Gen.6s,1901.M&S §114
Ocean SS. Co.—5s, 1920...................
101
do
gen.
4s,1923.F &A
Oregon Im p. Co —1st 6s, 1910. J&D 101% 103%
&S
do
gen.
4s,1929.M105%
64% 65
Consol. 5s, 1939.................A & O
sterling do
6s, 1894....... M&S el03%
65
70
Penn. Canal—6s, 19 10...............J&J
do
6 s ,1 9 0 1 .........M&S 117
Penn. Steel—1st 5s, 1917____M&N
Union P acific—1st, 6s, g, 1896.J&J 107
People’s G.&C.Ch,-1st,6, g .’04.M&N 103
. 1st, 6s, 1897..............................J&J 108h
2d
do
1 9 0 4 ............... J&D 100 101%
1st, 6s, 1 8 9 8 ...,.............
J&J 110 %
Peoria Water Co. 6s, g.,.19 19.M&N 102
1st, 6s, 1899..............................J&J 111%
Pleas. Val. Coal I s t 6 s g .l9 4 ‘>.M&N 97% 101
Sink. F., 8s, 1893.................... M&S
64
66
Po’k’psie Bridge—1st 6s, 1936 F&A
114
Om. Bridge, sterl. 8s, g., ’ 96.A&O e l l l
Proctor & Gam ble 1st 6s, 1904___
Collateral trust, 6s, 1 9 0 8 ___ J&J 101
..... St.L.B'dge&Tun.—Ist7s,1928. A&O
Collateral trust, 5s, 1907___ J&D
91% 92%
Collateral trust 4 % s,1 9 1 8 ..M&N
72% 74 % ' Tenn.C. I.&R.—T .d v .ls t6 s ,’ 17 A&O
94% 95%
Bir. div. 1st con. 6s, i y i 7 . . . J&J
Gold t's col. t’st notes, 1894.F&A
96 % 98%
W’n U n.—Deb. 7s, 1875-1900.M&N 115 118
Equipm ent Trust 5 s.............A & O t 95%
Deben. 7s, 18 84-1900.......... M&N
Kans. P ac., 1st, 6s, 1895___ F&A 106
Collat. trust cur. 5s, 193«. ...J & J 103% 104
do 1 s t M., 6s, 1 8 9 6 ..-...J& D 106%
68
70
W oodst’ck Iron—l8tg.6s, 19 LO.J&J
do Den. E xt., 6s,1899.M&N 110%
do 1st cons. M .,6s,1919 M&N 112% 113% S T O C K S —R A I L R O A D , Par.
9%
Ala. Gt. South.— A ., 6s, p r e f,,.£ 1 0 e 8%
Oen. Br.U.P— A.&P. P.6s,’ 95 M&N
3%
B, com m on_____ ____________ £ 10 e 2%
Fund, coupon 7s, 1895 ...M & N 103
1%
84% ......... Ala. N. O. & P ac., &o., A , p re f.£ 1 0 e 1%
Atoh.Col. & P .,lst,6s,1905Q .—F
%
do
do
B, d ei.. £ 1 0 e " %
At.J.Co.& W .,lst,6s,1905.Q ,—F
Alabama & V icksburg............
73
U.P. Lin. & C., lst,g .,5 s’ 18A & 0
7934 A lb a n y * au sq u eh .,G u a r.,7 . . . 100 158 165
Oregon Short-L. & U. N. Consol..
77
37% 37%
A tchison Topeka & Santa F e .. 100
77
80
Collat. Trust 5s, 1 9 1 9 .....M & S
87% 91
Oregon Short-L., 6s. 1922 .. F&A 105
105% Atlanta & Charlotte A ir Line ..1 0 0
Atlanta & West P oint....... ..1 0 0
Utah So., gen., 7s, 19 09.........J&J 105
106
4%
4%
do E x t, 1st,7s,1909 J&J 101 105% Atlantic & P acific........................ 100
Augusta & Savannah, leased . . . 100
Utah & Nor.— 1st M. 7s,1908.J&J
98% 99%
B altim ore & Ohio......................... 100
Gold 5s, 1 9 2 6 ....................... J&J
99
95
B enef. Int. C e r t s . . . . . . . . . . . ..1 0 0
75
U.P.Den.&Gulf c o n .,5 .g ,1939. J&D
76
135
U. &B1. R .—Con. 4s, g, 19 22..J&J lo 2
do
1st pref. , 6 ....................... 100
10.1%
do
2d, p re f.............................100 120
Utica Clin.& B ing.lst 5 ,1 9 3 9 ...J&J 109
5%
4%
Balt. & O. S. W.—p r e f............... 10 J
Valley of Ohio—Con. 6s, 1921.M&S
Ver. & Mass.—Guar. 5s, 190 J.M&N i o é " 107* ‘ Beech Creek, guar...................... 50
150
Belleville & So. 111., p r e f.. . . . . . loO i i ó
Vicksb. Sh. & P a c .— rior lien, 6 s ..
P
Va. Midl’ d.—lstse r.,6 s, 1 9 0 6 .M&S I l i " i l i * * Boston & A lbany..............
100 203% 204
2d series, 6s, 1911........
M&S 111% 112
Boston & L o w e ll.......................... 100 173% 174
169%
Boston & M aiue............................ 100 169
3d series, 6s, 1 9 1 6 ................. M&S 100 108
L47
85
4th series, 3-4-5s, 1921.........M&S
do
do P r e f...................100 146
5th series, 5s, 1926..............M & S
Boston & N. Y. Air-Line, p re f..lO u 100
99 100
82% Boston & P rovidence.................. 100 250 252
General 5s, 1936.............
M&N
Boston R evere B each & L y n n .. 100 140 142
do
guaranteed, stam ped___ _
81
34
W a b a s h -ls t gold 5s, 1939. .M&N 105% 106
BrookLyn E le v a t e d ................... 100 32
39
2d gold 5s, 1939................ ...F & A
81%l 81% Buffalo R ochester & P ittsb....... 100
38

§ F rohaser also pays accrued interest, e in Loo lo a

II Oo^Poaotf.

s Price pec sti*ce.

t

la Amsterdam

4 lu Francfort.

THE

636

C H R O N IC L E .

[Voi« UV,

GENERAL QUOTATION'S OF STOCKS AND BONDS— C ontinued
P o r E x p la n a t io n * See N o te s a t H e a d o f F ir s t P a g e o f Q u o t a t io n s .
R a il r o a d Stocks .
Buff. Roch. & P .,pf .100
B. C. R. & N o r th ..l0 0
California P acific. 100

Bid.
801«
50
13

Ask.
82%
17

R a il r o a d Stocks .

Bld.

Ask.

M iscel . Sto ck s .

B id.

Ask.

20

1 1 % 12 %
South. Cal. p ref,...100
50
38
37
75% Southern Pao. C o.,1 0 0
75
g
25% 25% S’west., Ga., g’ d, 7 .1 00
6
22 Summit Branch,P a .50 8 5
2 1%
Louis. 8t. L.«Ss Tex.100
do
1 st p f..5 0 « 6Ì ’ 62
Sunb’ry « sLew ist’ n.50 5___ . . . . . . .
S
4
Louisville South’n.100
61
do
2 d p r e f-.5 0
Terre H. « s In d ’nap.50
S
97 105
99 10 1
Texas «S P a c iflo . . . 100
s
1 0 % 10%
70
do “
P r e f..50 110 120
Cent, o f G eorg ia... 100
Toi. A nn A rbor < N.M
ft
23% 25
15% 16
Vfaine C en tral___ 100 114 117
Central M ass......... 100
Toi. < Ohio Cent’1.100
ft
49
52
Vlan. «S Law ’c e ___ 100 229% 230
s
do
p re f. 100 321« 33
do
P re f.,.100
85
81
Cent, o f N .J ........... 100 14.1*4 141% Manhattan, c o n ...l0 0 123% 123%
Toi. Peor. «S W est. 100
s
21
8 56
59
Yfarq. H. « s O n t.. .100
S
15
20% 21%
*do
P r e f..100
90 ......... T ol.S t.L .* K. City.. 100
do
P r e f ...50 s ......... 60
do
pref.. 100
30% 31
31% M assawippi...........100 117 118
31
Central P aciflo___ 100
U. N .J .R R «SsC. Co.lOû 225%
Union P a c ifie .... .100
4ô% 46
21
15
Mexican Central ..1 00
Char. Col. & A u g ..100
. . . ......... Un. P ac. Den. < G. 100
ft
24% MexicanNat., T.R .100
19% 2 1
Ches. & O.-Vot. Tr. cer 24
Utica < Black R iv. 100 145 160
ft
Michigan C ent___ 100 109% 1 1 1
do
1 st p f .100 61% 62
Vt.«Ss M ass.,l’sed, 6.100 x l4 0 141
42% 43% Mil. Lake S. «S W ..1 0 0
90
s
d o 2 d p re f. 100
Virginia M idland.. 100
148 150
130 140
W abash R R .......... 100
70
Mine TTin « s 8 . H. .50 s 69
S *
12
12 %
do
p r e f ..100
ft
23% 28%
10 % 1 1
Ohio.Bur. & Quin. 100 108% 108% Minneap < S t.L ...1 0 0
62% 64%
22 % 23% W arr’n(N .J.),l’s’d,7.50 142 . . . . . .
do
P r e f... 100
Chic. & East. Ill .100
16% 17% W est E nd (B ost.)...5 0 8 74
98
74%
99
Mo. Kan. «S T ..............
s
do
p re f. 100
do. p ref. (Bos.) 50 « 83
do
p re f . . .10 0
28% 29
86%
Chit. Mil. & St. P .1 0 0
79% 79%
123% 123% Missouri P acific__100
60% West Jersey ............. 50 8 59
60
West Jersey « s A tL . .50 a 19
S
37
120 12 0 % M obile «S O h io....... 100
s
Western M aryland.50 « 15
20
. . . . . . West. N.Y.dt P enn. 100 8 8%
1 1 % 12% Morris & E ’x , gu.,7.50
Chic. & Nor. P a c ..l0 0
Wheel. « s L .E ....... 100
S
87
88
87% Nashv.Chat.«Ss 8t. L.25
32% 33%
Chic. R. I. & Pao..lOO
8¿
do
p r ê t 100
74
74%
C.St.P.M .& O .,com l 00 47% 48% Nash. «ft Decatur. ..2 5 '
Wil. Columbia « s A .l 00 110
S
116
Nashua « sLoweU. .100 203 204
S
do
p re f. IOC 1 1 2
W ilm ington « s N o r..50
S
248
N au ga tu ck ......... ..1 0 0 «246
53% 55
Chic. & West Mich.lÓC
S
N’sqüehoning V all’ySO 8 52% 53% Wilm. « sW eldon, 7.100 115
Cin. Ham. & D ay 10t 130
W inona < So.WestlOO
ft
63
61
New H ’n « sN o rth ..l0 0 s 87% 89
S
6
C inc.N .O .* T.P aó. 1Ó0
7%
Wisconsin Cent. ColOO
New London N or.. 100 140
Cin. Sand. < C.pf 50 x57
fe
58
17% 18
Cincin. «ft Spring____
do
P ref. 100
N.Y.Cent.«Ss H .R iv.100 114% 114%
40 • 41
Wor.Nash.<& R o c h .100 120 120%
18% 20
Glevel. Ah. «ft Col. 100 t 28% 28% N.Y.Ch.«SsSt.L.newlOO
5%
6
do
1 st p re f .100 75
76
C O A L & M IN IN G
19
20
do
2 d p r e f .100 38
40
S T O C K S , N .Y .
do
p re f .100
American Qnâl . . . . . . 2ft 87
Clev. C. C. & at. t. i no
ft
70
70% N. Y. < Harlem ....5 0
91
1
Cameron Ir.«fc Coal 100
N.Y.Lack.«SsWest...lOO
2
CL & P itt. fguar., 7. ftp 153 154
N.Y.L.Erie«Ss West. 100
S
31% 31% Colorado Coal « s 1.100
32% 32%
74% Colorado F u el,p f.. 100
do
Pref.100
73
95
31% N. Y. «S N .England.100
s
39% 39% Col. « sHock.C. & 1 .100
S
Col. H. Vai. < ToLJLOO 31
fe
75
do
Pref.100
96
Pref.subs.2 d ins’ p ’ d 72
95
Consol.Coal o f Md.lOO
27
29
CoL& Xen.,gu..fe 2K"50 180 181% N .Y. N H.«Ss Hartf.lCO 235 245
Hom estake Min’g .100
14
11
N.Y.«SsNorth.,com.lOO
Lehigh & Wilkesb.Coal
Con. & Montreal—
20
25
do
p ref .100
17% M aryland Coal___100
17
24
26
CI.I (B.C.&M. p f .100 137 138
N .Y. Ont. «SsWest.. 100
19% 19% Minnesota Ir o n ....1 00
76
Class IY . (Cone.) 100 187% 188
78
1
9
11
180 182
N. Y . Pa. < O ...............
ft
do
p re f.........
119% 119%
1%
38
42
%
N. Y . Phil. « s N orf.100
S
10
8
Pennsylvania C oal.50 280 320
Connecticut R iv e rì 00 230 231
40% N. Y . P rov. < Bost.100
ft
4
Cons, o f V t.f p rof 100 40
3%
7% 15
N .Y. 8nsq.«Ss West’nlOO
do
p ref .100
12 % 12 %
21
C irrent R iv e r .. IT. ÌCÒ
17
do
P ref.100
Tenn.Coal«SsIronColOO
58
D anbury «S NorwTk.50 * 53% 54
s
57
44% 45%
N. News «SsMiss.Val.Co 11% 13%
r
<6
do
p ref .100 10 2
U&y, & M ich., gu*. 50
U0
Norf.«ft W est,, corn.100
14%
14
E L E C T R IC
- , do p f.,g u ., 8.50 175
do
p re f .100
50% 50%
L IG H T , & e.
Delaware A Hud Too 148 148% No. P en n sy lv a n ia ..50
68
Del. Lack. < West. 50 163% 163% Northern C entral. . . 50 S......... 69
fe
Con. Éleo. Storage.......
N ortheastern.......... 50 8 48
10
50
Edison G en. E lec .100 ÏOO 10 1
Del. «ft New E n g ...100
140% Edison E l. Co. o f N.Y.
17% 18% S o rti er n N. H ....... 100 HO
D env. «S R io G r,...1 00
s
81% 82
52% 52% North’n P ac., 00m . 100
“
“ “ Bklyn.
22%
22*
do
p ref. 100
6
8
do
P ref.100
Edis’n Phon.ToyM f.Co.
Dea M. «S Ft. D ’ge 100
s
61% 62
%
13
Norw.«fe W orcester .100 172 173
18
Ft. W ayne Eleo. Co..25 s 12% 12%
_
do
p ref. 100
4
7
6
8
89% 90
Ohio « sM iss....... 7 .100
S
2 2 % 24 'North Amer. Phon. Co.
Det. Hills. «S S. W .100
s
6
8
6
10
do
P ref.100
Spanish-Amer. L. « s P.
S
Det. Lan. < North.100
&
26
28
33
37
Ohio Southern....... 100
Thom.-H. E leo.C o...25 8 59% 59%
25
30
do
p ref .100
6 % 7% Old C olony............ 100 173 174
Duluth S. S «S A tl.100
s
do
p r e f.. 25 8 28% 28%
15% 16
Om.«Ss St. L ..............100
2 % 3%
do T.88C.Ser.O.10 8 8%
do
p re f .100
8%
5%
6
do
do S er.D ... « 7%
do.
p re f___ 100
E . Tenn. Va. «SGa.100
7
8
7%
35
45
Oreg. R ’y & N a v .. 100
85
86
13% 14% Or. 8.L . «S Utah N. 100
s
26
do
p re f.. 100
29
Pennsylvania R R . .50 s 57
East P ennsylvania.50 s ......... 57
55
60
57% Thom. W elding Co.100
11
do Europ.W.Co.100
Eastern in N. H ...1 0 0
71% 72
Penn. «S N orthwest. 50 8 43
s
10
Ellz. Lex. «S B ig S 100
s
Pensacola «S Atlan.100
s
U. 8 . Illuminât.Co.100
25
40
Eimira«Ss W ’msp’ t . . 5 Ò « 48
Peoria Dec. & E v ..l0 0
19
19% Westinghouse Eleo. L. 8 .........
2 »%
do
Pref..
fto
1 0 % 14
s 28
Petersburg............ 100
129
E vansville «ft T. H 50
86
88
« 43% 45
F itchburg............. Too
19
20
Phila. « s E r ie ...........50 8 39% 40%
S
GAS STOCKS.
do ~ P ref . 1 no
87% 88
Phil. Germ. « s N o r ..50
S
52
Fliut «ft P ere Marq. 1 00
27% 28% Phila. «S Read. cert. 50 58% 58% B ay State................. 50 8 29% 30
s
86
86%
117% 118
Fla.Cen.«fcP. -V .T .C er.
10 " Phila. Wilm.«Ss B alt. 50 8 61%
B rooklyn. L. I.—
7
80
Pitts. Cin. 0. «SsSt.L . 100
B rooklyn......... ...2 5 113 115
d o 1 st pref.cum . 100
24
25
do
p re f .100
Citizens’ ................ 20 1 0 1
105
d o 2 dpf.non-oum.ÌOÒ 38
61% 64
Fulton Munioip.lOO 130 133
6%
s
Georgia P a ciflo ... 100
7% Pitts. «S Conneil’e ..5 0 « 8
10
Ga. RR. « sB ’kg Co.100 178 181
S
Pitts.Ft.W.<& C.,guar.7 154 155
M etropolitan. . . . 100 102 105
5
137
Gr. Rapids & in d .100
7% Pitts. J unct............ 50 s 28% 30
139 139% Pitts.M .K.& Yough 50 120
85
87
s 45
G r.B . W .& S tT P '.iÒ O
8 % 10 H
125
47
do
P ref...lÓ Ò
Pitts. «S W e ste rn ...50
s
193 195
¿9
¿8
Har.Por.Mt.J.<SsL 50 s 80
21
H a rtf’d& C t. West.iÒÒ 30
32% Pitts.Youngs.«SsAsh.50 « 33
Chartiers V a lley .. 100 s 9
9%
40
Housatonio p re f.. 100
46
do
p r e f___ 50 8 55
108 1 1 0
Hous. «ft Tex.Cent. 100
3%
5
Port. Saco « sP orts. 100 128 129
S
Chic. Gas tr. r e c ... 100
77% 77 %
Hunting. « s B r.T op .50 S 34% 34% Port R oyal & Augusta
S
Cinoin. G. < Coke. 100 193 193%
ft
14
do
P re f.50 * 53% 54
Prov. « s S pring___100
S
60
Hliuols Central
1O 104% 105%
O
249 1$ 250
40
41
92
32
170 175
11
12
Rieh. F. & P .,com . 100 120 124
Io w a Centrai. .“ . . 100
1.
Indianapolis, I n d ..50
99 100
do
P ref TOO 43
140 145
46
105
I7 5
Iow a F.«Ss Sioux City
10% 1030
Kan. & Mich. certs.I..
do P re f— 100
10
13
57
58 V Jersey C.«ft H obok’n 2 0
J eft.M .«feIn d .,rd 100
02
Í33% 135
33
127 12715
Kan.C.Ft.S.«ftMem.l00 35
45
37
Kan.C.Ft.S.«ftG.pf.ìÒÒ 108 112
do
p ref.1 0 0
70*2 72
L o w e l l ....... ......... 100 247*a 250

Canada Southern. 100
Ca ìadian P acific. .100

61
89

61%
90

do
Pref.100
Louisv. < N a s h v ..l0 0
ft

Kan.C.Cl’n «S Sp’d .100
s
8
4
13
R u tla n d ..................100
4% Maid. & M elrose.. .100 136
K entucky Cent.. . . 1 O
O 40
do
P ref., 7..100
68
50
68%
K eokuk «S Des M ..10 0
s
St. Jos.«Ss G ’d Isl’ d.100
97%
do
p r e f.. 100
S t.LouisAlt. < T. H. 100
ft
35
40
F eokuk «S West’n . . 100
s
m
145 150
Kiugst’ a«SsPembr’ke5 0
!Sfe.L.<SsS.F.l9t pref.100
77
145
9
Lake E rie «S W ....1 0 0
s
27
S
27% [St. L. « s So’ w e st... 100
8%
138
do
P ref.100
78% 79 1
do
P ref.100
16% 17%
Standard Gas,pf.100
85
____ Newton «S Wafc’ü-.IOO 150
I«. Sh. A Mich. 80 .. 100 133 133% l'Sii. L. Van. « s T. H .100 ......... 1
S
i

ha»* Price nominal*




Misoel . St o c k s .

Bid. Ask.

S
58% Sb. Paul « s D u lu th .100 44% 45% Phila. Co. Nat. G as. 50
32
Lehigh V alley .........50 « 58
105% Pitstburg Gas C O ...50 s 74
Do
do
P f.100 103
Little M iam i............ 50 170% 171%
76
ft
P ortlan d, M e., G. L.50
s 67% 68 % St.P.M inn. < M an .100 113 114
U ttle Schu’k’l .........50
75
80
St.Louis, L aclede 100
2 OI4 2 1
1 0 1 103 Shore Line..............100 «170

^Purchaser also pays accrued interest.

Salem, M ass...........100
San Francisco G a s . . . .
Wash’ ton C ity G. L .2 0

85
67%
44

N .Y . & B R ’ K L Y N
HORSE B B S,
Local Securities in
C h r o n i c l e each week
except 3d o f month.
TELEGRAPH.
Amer. Tel.«ft Cable.100
83
Cent. «ft So. A m . Cable 130
CommerT Cable ColOO 155
Franklin________ TOO 25
Gold & S tock....... 100
99
M exican..................100 205
Northwest, guar___50
97
Pacific & A tla n tic___
55

57

90
44%

140
160

33
10 2

215

10 1

75
5ft

Western U nion___ 100
90% 91
TELEPHONE.
American B eH ....100 a 198% 199
E rie......................... 100
46
46 %
Hudson R iv er.....IC O
M ex ica n ...................10 i ’fto 1 *10
New E ngland....... 100
Tropical.....................10
T R U S T CO»S
Am. Loan «ft Trust. 100
A tlantic.................. 100
Brooklyn Trust ...1 0 0
Central....................100
Continental . . . . . . . 1 0 0
Farmers’ Loan & Tr.25
F ra n k lin ............... 100
H o lla n d .................100
Kings C oun ty....... 100
Knickerbocker ....1 0 0
M a n h a tta n ............. 30
M etropolitan. . . ..1 0 0
N a s s a u ..... . . . ....1 0 0
N. Y . L ife < T ru st.100
fe
N .Y.Security «ft Tr.100
Peoples’ .BrooklynlOO
Real E state L.«feT.100
United States.........100
M IS C E L L A N E O U S
STOCKS AN D
TRU STS.
Adams E x p re ss... 100
Am. Bank Note C o..50
Am. Cotton Oil. ...1 0 0
do
p re f .100
Am erican E x près. 100
Amer. S ug.R ef, Co.........
do
p ref.........
Am. T obacco Co., p ref
A spinw all L a n d ....10
Boston L and............ 10
Boston W ater P o w e r ..
Brookline (M ass.)L’d 5
Brunswick Co....... 100
Canton Co. (B a lt.).100
C. J. R’ y ’ s U. St’k Yds
do P r e f . . . . ......... 100
Olaflin Co................ 100
d o ls t pref.non-c .100
do 2 d p ref.non -o .100
Con. Kan. C.S. «ft R .,25
Continent’ l Cun.&inap.
Diet. &C. Feed. Co.100
East B oston Land. —
Frenchm an’s B ay L d.
H ackensack Water, 25
do
pref., 25
Henderson Bridge. 100
Illinois S te e l. . . . . . 100
Iron Steam boat.-.1 0 0
Keeley M otor....... 50
Lam son Store Ser. .50
Lehigh Coal «ftNav. 50
Lon.<feN.Y.L.<ftI.Co..50
Manh’ tt’n B ’ch Co.100
M averick Land— 10
M etropol. T ract’n.. 100
Mex. Nat. uonstruct’n
Morris Can., gu. 4 .1 00
do p f.,g u .l0 .100
Mt. Des. &E.S.Land_5.
Nat. Cordage......... .
do
P r e f .....
National Lead C o .......
do
p r e f...........
Nat. Linseed Oil C o...
Nat. Starch M. C o.100

Qß

52%
35c.
x32ft
480
1150
700
230
178
203
170

200

115
290
275
148
700
190
240
155
ISO
740
760
175

53
45 0 .
10
1 2 50
145
730
255
2o5
180

220
300
290
197%
205
77 ft
780

145 149
46
48
40% 40%
78
77
117 120
97% 97%
97% 98
98% 99
s 9% 10
6%
s 3
3%
6%
s 6%
9
10
72
67
72
74
81
79
10 2 % 106

100

f —-T-- 10 0%

s
s

47%
6%
5%
____ _

47%
6%
6 ,

108% 109

11
2

14
4
16%
« 51% 54 %
...... ......
4
7
2% 3
s 16

112

16%

18%

200
......
7% c.
80.
103% 103%
109 110
33% 33 %
84% 85%
31
30
41
42 %
103
2d P ref......... ............ 103%
N. V. Loan «ft Impr’t . ..
43
40
N. Y . <&6Cexas L a n d ...
North AmerieanColOO

14%

14%

28
Oregon Im p rov e.. 100
22
Pacifie Mail SS. Co.lOo
35% 36%
98% Penneylv. S te e l... 100 8 ......... 143
P. Loriilard Co.pL.100
90
114
150
I P ref. 8 p. c. cuïn. 100 103
87 IPullm’n P ala ce CarlOO 194 195
'San Diego Land.. . . . . . 8 16% 17
155
138

$ Quotations dollars per share. e

In London.

THE

A pril 16, 1892.]

637

C H R O N IC L E

GENERAL QUOTATIONS OP STOCKS AND

BONDS— C o n c l u d e d .

F o r E x p l a n a t i o n see N o te * a t H e a d o f F ir s t P a g e o f Q u o t a t io n s .
M iscellaneous St ’ k s . Bid.

Ask.

Manueact ’ g Sto ck s . Bid.

Ask.

B a n k Stocks .

Bid.

Ask.

I nsurance Sto ck s .

Bid.

As?.

Third N ation a l....1 0 0 100%
S(
N ew m arket.......... 500 342% 345
8t.L ouis B ’d g e ,lstp r e f e l0 9 112
182
Tradesmen’ s . . . . . . . . 40 107
no
s
Osborn Mills(F.R.)lOO 107
54
2d pref. ce rt.......100 e 51
United States Nat. 100
112
Pacific (M ass.)... 1000 16S0 1632 24
St. Louis Tun. R R .1 0 0 e l0 9
Western National. 100 123
115
ibou t.............. 100
65
Pepperell (M e.)___ 500 1300 L305 Vf
St. Louis Transfer Co.
CO
C h ic a g o .
West Side................100
120
166
Pocasset (F. R .)... 100
Standard Oil Tr’ t.1 0 0 164
142 145
98
A
Rich. Bord’n (F.R.) 100
S outh'n CottonOil.lOO
116
P h ila d e lp h ia .^
80
A
Robeson (F. Riv.) 1000
T exas P acific Coal___
285
Bank of No. Amer. 100
C
Sagamore (F.Riv.).lOO . . . . . . 116
T ex . & Pac. L ’d T r.l 00
110
300 320
Chestnut St. N at.. 100
C
8alm onFalls(N .H.)300 232% 235
47
45
U. 8. E x p r e s s .... .100
59%
160 162
Commercial N a t ...,50
107
C
.46
Sbove (Fall R iv .). 100
W ells Fargo E x p .. 100 143
230
345 365
First National....... 100
60
F
Slade (Fall R iv ). 100
W est E nd Land (Bost.) I 19%
150
112 120
Fourth St. Nat’l . . . 100
F
Stafford (Fall R iv.)100 115 119
13
11
W est’ n Union Beef Co.
97
160
Girard N ational___40
Stark Miils (N.H.)iOOO 1210 1225 H
M IN IN G STOCKS^
500
Kensington Nat’l .. .50
105
M
Tecumseh ( F. R .). 100
<N. Y . & SAN. FRAN.)
91%
200 220
Manufact’rs’ N at.. 100
1165 I
V
95
Thorndike(Mass.)1000 1160
Adam s Cons..........
100
144
Mechanics’ Nat’l.. 100
N
Tremont &S. ( Mass) 100 117 118
A m erican F lag___
270 3ÖÖ" Nat.Bk. N.Liberties.50 166
222
N
! U nion C.M f. (F.R.)IOO . . . . . .
•60
A lice ........................
85
895
Penn National.........50
105
N
W ampanoag (F.R.) 100
A lta M ontana........ 100
225
Philadelphia Nat’l. 100
160 165
‘V
oi
45
55
L
Wasbingt’n (Mass.)lOO
A s t o r i a ................
Seventh National. 100
103 108
•03
B a rcelon a ..............
103
Western N ational..50
C in c in n a t i.
42
•10
Weetamoe (F. R .j 100 40
B elle Isle................ 100
118
28% A
27
•70 VPillim’tio Linen Co.25
•50
B elm on t............
235 237%
St. L o u is .
2-00
Y ork Co. (M e .)... .750 1050 1055 C
B est & B elcher___
110 120
Amer. E x ch a n g e ...50 180 190
•45
B o d ie ....................... 100
117 122
Nat. Bank o f Com. 100 146
F
•25
R A N K STOCKS.
B reece....................
93% 95
C om m ercial...........100 475 500
F
•45
R a ltim o r e .
B u lw er.................... 100
265 268
Continental Nat’l . 100 110 112
1-05
Bank o f B altim ore 100 145% ......... E
Caledonia B. H ___100
245 250
F ra n k lin . . . . . . . . . . 1 0 0 350
17% E
Consol. California. 100
197 200
Fourth N ation al..100 240
•13; Citizens’ ................. ..1 0
C
19% 20
Con. Im perial___ _
118 121
International ..... 1 0 0 125
io n
•90
132
5
C hollar.................... 100
139% 140
Laclede N ational..100 118 119
•15
45
Chrysolite___ *..........50
335 340
M echanics.............. 100 212 216
60
h
•12
Farmers’ & Merch ..4 0
Com stock Tunnel st’k.
138 140
__ 48
Merchants’ Nat’L .1 0 0 132%
3 ‘7ó
C
Farmers’ &Planters’ 25
Consol. Cal. & V a ........
375 395
St. Louis National. 100 125 130
ion 118 ......... g
•50
Crown Point.......... 100
162 164
Third N a tion a l....1 0 0 118% 119%
2-05
115
...... 1
D eadw ood terra...........
310
10
10% V
....1
D enver City Con.........
S a n F r a n c is c o ,
..3 0
33
D unkin....................... .
70
75'
Anglo-Calif ornian.......
N e w O rlea n s.
13
..1 0
E l Christo..............
*40
115% 120
Bank o f C aliforn ia .... 266
146
.100
E u’ka Con............... 100
2*00
15% First Nat’lG o ld ... 100 174%
15%
131
.100
Father D e S m e t....100
’20
170
170
P acific.....................
Ç..100
......... C
..2 0
18
F re e la n d ............................. ....
85
87
........ (
TOO 180
Gould&Curry s.30.100
1 ’Oj)
213 219% F I R E I N S U R ’ C E
.100
99
C
H ale & N o r cr o ss..l0 0
1 ‘00
205
STOCKS.
82
I
..7 5
H orn Silver...................
3 00
H a rtfo r d , C o n n .
36% I
0 W e s t e r n . ........ ..2 0
Iro n Silver................ 20
165 175
1
.¿Etna F i r e .. .. ........100 255 258
Iron H ill.......................
*19
.100 106 108% C onn ecticut...........100, 126 %
.100 138% 139
Kings. &Pembr’ke Iron
H artford........ ...... .100 342
.100 710
7 A tlas....... ............. .100 122 122% 1
L acrosse....................10
114
N ation a l................. 100 141
. 50
.100 100 100% ]
L e a d v ille C o n so l....lO
”1°
93
94
105% 107
Orient...................... 100
9 Boston National. .100 110 110% S
L ittle Chief..............50
‘24
P h oen ix ..................100 196 198
.100 160
.100 128 128% g
M e x ic a n .................100
1 ’30
10% Steam B o ile r ...........50 104
.100 135 ......... 1
M o n o .....................
125% 126%
•15
) Bunker H ill.......... 100 203 206
M ou lton ................
340
N ew Y o rk .
100 142 145
•05
N a v a jo ................... 100
55
65
A lliance................1000
95%
•10
100 95
N orth Belle I s le ..
A m erican..................50 120 140
107%
2-25
N e w Y o r k :.
. C olum bian........... ,100 107
O p h ir ........................ 10
80
Bow ery......................,25 75
210
i Commerce......... . .100 127% 129
Oriental < M iller.......
fe
Broadway.................25 123 127
154
‘ ‘•43
98 100
) C om m ercial......... .100
Phoenix o f A rizon a .. .
105 110
Citizens’ ....................20
1-40
. C om m onw ealth.. .100 190 190% :
P lym outh....................
70
75
Commonwealth ...1 0 0
270
.100 129 131
P otosi...................... 10O
C ontinen tal...........100 225 235
.100 103% 105
thanock............ 1
E a g le ....................... 40 200 215
132
129
.100 127%
son C o n so l.... 50
'40
65
80
Empire C ity...........100
„ 1 0 0 100 101
l'OO
Savage.......... ................
85 100
Farragut....................50
425
.100 140% 140%
Sierra N evada....... 100
1'25
German-American 100 280 290
0 F a n e u il'lla ll. . . . 100 139 139%
Standard.................100
1*40
Germania....... ..........50 165 175
.100
„10G 242 247
U nion Consol.........100
4‘ 10
78% 80
G lobe........................5 0
100 129 131
U tah......... .....................
Greenw ich................ 25 110 140
250
. Fourth National. .100 120 122
Y ellow Jacket..............
‘96
60
75
H a m ilto n ................15
Freeman’ s .......... 10(1 100 100%
B O ST O N M IN IN G .
H anover............ ....5 0 125 135
130
G lobe.................... .100 100 100%
(See Page 6 3 0 .)
H om e....................... 100 135 143
H am ilton............ .100 119 120
M A N U F A C T ’ IN G .
Kings Co. (B’k ly n ).20 160 170
104
Hide & L ea th er. .100 125% 126
A m . Linen (F.Riv)..100
50
55
Lafayette (B’k ly n ).50
A m ory (N .H .)....... 100 134% 135
Howard............... .100 116 116%
75
90
Manuf. & Builders’ 100
.100 107 103
Am oskeag (N.H.) 1000 2117JÓ 212C) L in c o ln ...........
Nassau (B rook lyn ).50 135 145
Fifth A venue.........100
147 150
.100 102% 104
M anufacturers’ .
A ndrosoog’n (Me.).100
60
70
N a t io n a l..............37%
A ppleton (Mass.). 1000 600 625
M arket................. .100 100 100%
N iag ara.....................50 125 135
97
First National....... 100
841« 85
Market (Brighton). 100 95
Atlantic (Mass.). . . 100
70
75
North R iver . . . . . . . . 2 5
First Nat. o f Staten Id
. Massachusetts .. ..IOC 101% 102
B arnaby (Fall R iv .)... 125
P acific........................25 135 145
85
Mechanics’ .......... ..IOC 129 130
B arnard M fg. (F .R .)..
Peter C o o p e r ...........20 133 140
196
Bates (M e.)............ 100 Ì371« 138
Merchants’ . . . . . . ..IOC 153 153%
P henix (B’k ly n )....5 0 135 140
Gallatin National ..5 0
97
95
5 M e tro p o lita n .... ,10(
B oott Cot. (Mass.) 1000 1360
Rutgers......... ........... 25 108 120
400
Border City Mfg. (F.R.) 133
% M onum ent.......... ..IOC 235 240
80
95
S tu y v e s a n t ........... 25
122
German A m erican ..75
5 Mt. Y ern on ......... ..IOC 135% 137
B oston Co. (Mass.) 1000 1070
United States...........25 120 130
German ExchangelOO
B oston B elting___100 2091« 210
New E n g la n d . . . . .IOC 160 161
W estchester....... .. 10 160 175
105
N orth................... ..IOC 140 140% G erm ania___ _ ....1 0 0
Bost. Duck (Mass.)700
Williamsburg C ity ..5 0 310 330
G reenwich..............2 5
Chace (Fall tUver) .100
. North Am erica.. ..1 0 ( 127% 128
Hanover.............. ..1 0 0 345 350
90
Old B oston......... ..IOC 119% 120
Chicopee (M ass.).. 100 89
M A R I N E IN S U R .
Hudson R iv er....... 100
380
..IOC 161 163
Cocheco (N.±±.)___500 377%
People’ s ...............
ANCE S C R IP .
Collins Co. (Conn.)lOO 98% 99?% R e d e m p tio n ..... ..IOC 130 130% Im porters’ & T r . ..l 0 0
A tlantic M utual........
Irvin g........................ 50
Continental (M e.).100
IS 1 19
«
R e p u b lic............. ..IOC 160 161
100 100%
1888..........................
Leather Manuf ts.. 100
40
Cres’ t Mills (F.R.). 100
Revere................. ..IOC 105 109
1889
................ 101 101 %
Lincoln................ ..1 0 0 400
Crystal Spr. Bl. (F.R.)
.. R ockland ............ ..IOC 156 158
101% 102
18 90
............................................................
Manhattan . . . . . . . . . 5 0 180
95* Second National. ..IOC 197 198
D avol Mills (F.R.).IOO
102
103
1 8 91
................
225
Market & F u lton .. 100
830
..10c 220
D w ight (M ass.)___500 825
1892
102 % 103%
Mechanics’................25 187
Shawmut............ ..100 125% 126
Edwards (Me.) ...1 0 0 115% 116
10
+Comm’ci Mut. i 873-82
5
Mechanics’ & T r ....2 5
97% 98
Shoe & Leather. ,.1 0 (
E verett (M ass.)..N ew
88% 89
Mercantile. ....¡ ....1 0 0 220
105
F lint Mills (F .R .).100
South E n d .......... ..IOC 100 101
Merchants’ .............5 0
Franklin (M e.)....1 0 0 1011« 103
State.................... ..IOC 123 125
P R IC E S O F E X C H A N G E
Merchants’ E x ch ’ e.50 125
120 Suffolk.................. IOC 107 109
G i’be Y.Mills (F.R.) 100 115
M E M R E R S H IP S .
12
7
245
Granite (F R .).........100
Third N ational. . ..1 0 ( 111 111% M etropolitan......... 100|
N. Y. S tock ................... $21,000 ask.
M etropolis.............. 100
99% 100
GreatFalls (N.H.) .100 115*’
% Traders’ .......... ..IOC
Last sale..................... 20,000
Mount Morris ..... 1 0 0 275 300*
Hamilton (Mass.) 1000 1045
0 T re m o n t............ ..IOC 109% 110
N.Y.ConsoLSt’k & Pet.
230 ask.
Murray H i l l ............. 50
H artf. Carpet (Ct.)100
98 100
U nion................... ..1 0 ( 141% 142
Last sale, A pril 1 1 ..
225
H ill (M e.)................100
60
61
W ash in g ton .... ..IOC 117 117% N a s s a u ................... 50
950 ask.
N. Y. P ro d u c e ..............
..IOC 100 100% New Y o r k .. . . . . . . .100 230 240
H olyoke W. P ow er. 100 300
Last sale, A p ril 2 . . .
900
New Y ork County.100 605 650
Jackson (N. H .).-10 00 1000
0 W in th r o p ........... ..IOC 113% 115
N. Y. C otton................. 450b. 500a.
N.Y.N at.E xch’nge 100
K ing Philip (F .R .).100
%
B r o o k ly n •
Last sale, A pril 9 .. .
475
115
175 . . . . . . Ninth National___ 100
Laconia (M e.).___ 400 6021« 605
B edford...............
N. Y. Coffee................... 225b. 275a.
Nineteenth W ard. 100
Lanoast’r M. (N. H .) 400 630 640
B roadw ay........... ..IOC 140
Last sale, A pril 1 . . .
250
North A m erioa....... 70
L ’rel Lake Mills (F.R.)
..IOC 170
107
N. Y. M etal...................
40 ask.
Lawrence (Mass.) 1000 Î5ÔÔ* 150>5 City N a tio n a l....
O rien tal................ ..2 5
5C 400 417
Last sale....................
L ow ell (M ass.)___690 652»« 660
P a c ific .....................50
...6C 1 163
R ’l Est. Ex. & Auc. R ’m
Park. . . . . . . . ----- 100
L ow ell B leachery.100 10.i% 103
..IOC 140
Last sale............
1,060
LowellM ach.Shop. 500 650 655
People’s . . . . . . . . . . . . . v 5 290
First N a tio n a l.. ..IOC 500 520
Boston S to c k ....... ....... 17.500 bid.
Lym an M. (M ass.).100
P henix............ ......... 20
69%
...4< • 200
Last sale, A p ril 8 . . . 17.500
Manchester (N.H.) 100 141
Produce ExchangelOO
..1 0 ( 140
Philadelphia S tock___ 2500b 2550a
Mass. C o t t o n ___ 1000 1035
Republic..................100
. IOC 153
Last sale.....................
2,509
M echanics’ (F. R.) 100
S eaboard................ 100 174 180
..IOC 142
97
Chio. B oard o f T ra de..
M erchants’ (F. R.) 100 ....... .
3C 200
Second N ational... 100
Last sale, A pril 1 . . .
__5( 275
1,150
Merrimack(Mass) lOoO H 2 o
Seventh National .100 125
M iddlesex (Mass.). 100 1 i 1 %
Chicago S to c k ...
’ 250
Shoe & Leather ...1 0 0
Last s a le ,.........
805
Nashua (N. H .)___ 500 5171«
,.1 0 ( 275
St. N icholas...........100 120
Pittsb. Pet. St’k & Met. 500b. 510a
Naumkeag (Mass.) 100 110%
State o f N. Y ......... 100 114 120
North Side.......... 10< .......

^

* Prices nominal,




t B oston bank quotations are all ex-dividend, s P rice per share— o t p er cen t, i 75 per cent paid in cash.
n

638

THE

C H R O N IC L E

[YOU LTV,

AB STR A C T FROM REPO RTS OF TH E N A TIO N AL BANKS M ADE TO TH E COM PTROLLER M A RC H 1, 18 M .
Deposits.
[1892.

©§

Capital.

Surplus.

f
*0
ft
S

M aine......... .
N. Hampshire.
V erm on t.........
B oston.............
Masp., o t h e r ..
R hode Island.
C onn ecticut...
I Total D Iv.N o.l

79
52
50
55
209
59
84
5b8

f New Y ork City
1 Brooklyn
A lb a n y .. , __
S N. York, other
2 New J e rse y ...
B Philadelphia..
• P ittsb u rg .......
B Penna., o t h e r .
1 Total D iv.N o .2

49
5
6
264
95
41
26
300
786

f D e la w a re.......
2 B a ltim o re . . . .
M aryland, oth.
W ashington...
g Dist. Col., oth.
M V irginia..........
gg W est Virginia.
I T otalD iv.N o.3

157

it
11.002.500
2,677,271
6.130.000
1,693,763
7.210.000
1,873,600
52,400,000 13,924,915
45.602.500 15,354,425
20,277,050
4,722,522
23.274,370
7,540,375
165.896,420 47,786,871
4y ,800,000 39,588,277
1.352.000
2.003.000
1.550.000
1.300.000
32,944,060 10,514,447
14,318,350
6,600,400
22.450.000 13,446,303
10.900.000
6,414,557
37.457,390 16,137,432
70,771,800 96,004,416
2,133,985
13,243,260
3,556,700
2.575.000
252,000
4,586,300
2.626.000
28,973,245

961,636
4,423,900
1,290.725
1,115,000
100,000

2,323,200
634,267
10,848,728

301,112,07s
12,860,903
7,119,116
91,535,344
49,578,281
97,218,515
33,465,642
99,482.589
692,372.468
4,267,624
24,143,891
9,316,441
9,760,898
852,520
14,087,113
5,796.394
6 s ,224,881

L oans & d is­
counts. (In el’g
overd ra fts.)
$
20,473,441
11,220,254
13,824,772
152,165,178
106,058,586
35,632.224
48,902,426
388.276.x81

Gold and
Cold
gold O.H. Treasury
certificates. certificates
it
702,041
67,040
268,381
27,730
349,120
16,735
3,581,967 5,787,890
2,586,097
194,690
457,834
198,920
1,605,551
355,190
9,550,991 6,648,195
1,546,416 363,926.949 11,918,329 70,144,740
100,915
8,938,438
143,476
496,350
50,000
8,257,306
352,766
376,500
566,502
98,295,970 3,308,662
660,150
265,403
49,095,491 1,177,449
367.600
210,925
93,237,605 9,518,439 3,022,270
298,308
36,666,833 2,239,335
589.600
362,146 102,170.326 4.004.600
465,310
3.400,615 76 0 .5 s8 .9 l8 32,6t>3.u56 76,122,520
49,417
5,400,270
130,957
14,300
210,894
29,596,463 1,080,874 1,385,050
50,600
9,319,511
380,901
67,220
104,992
7,555.759
156,515 1,116,070
548,127
65,796
132,000
679*173
15,923,687
476,308
63,880
50,001
6.634,098
273,467
25.063
1,144,476
74,977,915 2,564,818 2,803 58s
¡99,39
5.962,428
208,945
2,730
195,691
5,445,126
134,86^
150
91,605
9,628,207
323,994
58,430
97,034
4,091,299
55,690
2,010
95,661
7,368,415
360.282
62,880
2,459,628
60,748
10,340
13,530,400
169,267
519,760
1,930,401
38,733
15,810
316,658
44,530,715 1,511,789
130,190
101,007
3,124,780
43,210
26,160
330,000
11,446,549
334,688
31,700
731,832
20,452,363
493,808
46,880
301,688.
22,573,209
536,708
145.220
2,360,578 162.543.520 4,272,729 l,0 5 2 ,2 o0
895,829
27,954 486
565,743
700.000
93,911
20,828 396
869,571
264.000
531,382
67,580!,060 2,765,515
166,920
540,884
35,407 ,847 2,176,599
435,910
295,346
92,243 773 3,053,623 5,741,860
879,220
53,312 137 2,377,835
432,130
396,56
16,347, 170
826,298
36,600
98,724
33,206, 952 1,313,644
37,990
314,945
5,047, 303
702,840
120.000
141.006
22,796 109 1,246,571
51,620
4,192.814 374,724 233 25,898.239 7,987,030

Other.
$
181,860
12,279,292
220,471
7,441,587
98,166
8,009,476
277,422
105,489,764
109,065
70,676,469
106,836
18,335,882
246,080
33.768.264
256,000.724 1,239,900

Ind ivid u al.

S ilver.
it
96,099
124,721
81,543
224,809
584 377
145,104
250,140
1,506,793

Silver
Treasury
certifie’tes
$
'
82,561
51,421
26,436
1,621,531
437,388
178,960
292.528
2,699,84o

Leg. tend r e
A U. S. ctfs.
o f deposit.
$
251,135
173,291
239,796
5,242,376
1,742,638549,155’
706,785*
8,905,171

5 8 s,215 ô ^ ô O .'tz l 40.309,253
46,205 188,451
728,65528.401
79,488
411,901
556,929 296,144 2,710,889*
322,072 490,066 2,179,514=
553,624 2,182,112 9,197,706
228,532 460,039 2,002,720'
881.580 678,105 3,691,212;
3.205,558 1003482o 61.231,850
65,159
87,7*2
165,171
143,262 769,750 3,501,488
98,436 148,314
321,742:
37,884 401,368
570,4857,424
29,455
4 8 ,4 6 7
152,949
85,950
671,236
53,562
53,868
42 3,99 2
558.676 1,576,427 5,702,581
7s ,083
7,619
234,351
129,091
43,281
275,780208,104 275,340
606,178
67,83
25,453
368,314
199,359
76,881
324,447
60,349
25,931
201,135
231,474 901,669 1,490,71594,562
87,651
100,899
9 1 9 ,0 ,3 348.164 3,778,698
34,944
35.827
134,511
31,677
36,356
602,673
92,370
42,683
531,228
268.763 134,344 1,124,3202,4l5,65r 2,044,199 9,773,249
94,498 642,260 2,738,716
97,401
69,500 1,2 72,5 00
549,913 180,399 3,379,107
353,249 195,384 2,153,292:
429,022 1,950.638 11,455,901
438,333 224,156 1,971,551
123,505
97,015 1,1 57,3 51
239,594
94,255
836,591
36,287
8,448
398,938
158,593
74,536
611,791
2,520.69 o 3 ,5 3 6 ,5 s ! 25,975.738
21,547
15,320
175,695
303,591 106,436 1,335,05393,921
19,309
156,508
74,981
19,900
564,401
112,465
22,83«
354,349
42,367 2,115,315 2,326,286
32,308
56,558
285,262
225,896 134,720 1,005,464
89,766
34,224
354,659
207,217
111,159 1,0 7 1 ,9 5 0
155,668
51,836
473,486
136,757
86,332
507,491
39,283 • 25,425
24 4,24 8
43.618
23,397
262,275
l,5 7 y ,3 s. 2,82*,7.)i 9,117.130
4,687
409
837
31,090
5,000
6,580
186,461
17,591
188,811
123,087
20,215
46,585
163,788
51, *10
146,286
509,113
94,415
3 8 9,09 8
5,421
27,452
279,041
37,733 1,465, ISO13,997
7,093
62, 994
125,118
65,791
634,025
33,166
1,797
77,833
7,835
19.497
35,009
90,315
19,356
87,740
20,121
3,315
40,734
575.014 154.582 2,430,917




Total
United
States.

Total
Other
Cities.

' St. Louis.

j Detroit.

Chicago.

Cleveland, j

w
Orleans

I

Total
Reserve
Cities.

i

Omaha.

22
2.496.000
719,159
4,043,010
14
1.623.000
875,500
3.485.939
32
4.466.000
1,229,294
6,415,191
19
1.365.000
217.000
4,506,594
31
4.364.000
1,011,182
6,082,705
13
1.165.000
425.550
2,239,647
10
3.625.000
1,858,000
15,508,091
11
810,000
209,924
2,007,022
211 25,416,600
4,623,117
31,815,633
10
1.600.000
460.000
2,284,058
10
4,901,500
1,141,300
5,049,607
71 10,457,900
2,862,469
12,189,030
55 10.420,500
2,222,979
15,653,723
509 72,710,500 17,855,474 l l l ,2 s 0 ,2 8 o
13
C incinnati___
y ,100,000
2.535.000
21,221,071
10
C le v e la n d . . . .
8.050.000
1.735.000
18,140,026
215 26,591,800
9 Ohio, other . . .
7,049,271
58,631,064
Indiana........... 106 13.020.000
4,520,015
34.176,943
22 21.900.000
pj C hicago...........
9,707,500
68,077,232
182 16.548.000
E Illinois, other.
5,849,851
53,942,519
• D etroit............
8
4.400.000
631.000
10,602,400
98 10,858,270
tg M ichig’n.other
3,179,688
29,632,792
3
• M ilwaukee___
850,000
475.000
5,423,887
* W isconsin,oth. 71 6.325,100 1,837,365 23.299,956
L Total Div.N o.5 728 117.643,170 37,519,690 323,147,890
4
Des M oin es...
700,000
310,300
1,413,560
1,993,639
78,413
5,680
Iow a, o th e r ...
149 13,286,575
2,925,675
28,963,912
161,169
35,316.853 1,302,581
123,605
5
4.800.000
1,288,000
9,337,863
13,210,006 1,780,074
463,553
35,900
6
4.500.000
637,500
8,734,639
St. P aul______
50,134
11,631,940
671,035
10,000
55
5.869,200
1,082,562
14,752,363
48,768
, M inneapolis...
16,588,725
807,259
14,790
9 10,700,000
1,503.000
18,621,664
250,000
28,409,765 1,461,777 1,629,210
L M innesota,oth
4
2 , 000,000
197.000
3,422,378
g St. L o u is.........
49,519
5,112,818
116,475
59,590
10
6.800.000
960.000
10,042,467
3 St. Joseph.......
91,740
16,318,070 1,033,182
165,830
59
4.690.000
745,282
9,107,060
£ Kansas C ity... 146
10,222,915
296,498
16,930
12.807,100
1,749,469
20,109,789
400,821
* « Missouri, oth’r 9 4,000,000
23,608,923
967,330
56,580
529,200
8,861,912
K a n sa s............ 131
444,826
10,749,000 1,820,516
21,000
9,493,100
1,641,973
17,250,413
Om aha............
852,030
22,130,879
20,870
33
2.315.000
480,269
5,669,407
Nebraska, oth.
5,976,286
206,580
24,750
41
2.660.000
626,470
4,604,517
4 9 7 0 ,8 5 0
North Dakota.
169,248
246.964
14.490
661 84,620,975 14,676,700 160,891,994 2,129.7 <3
South Dakota.
206.2y0,674 11,640,714 2,199.2*5
Total Div.N o.6
282,000
128,000
360,747
720,975
54,88v
2.500.000
925,000
3,632,219
f N e v a d a ...........
104,976
6,232,126 1.483,575
5.515.000
1,463,772
13,238,172
2 San Francisco.
192,383
13,843,546 1,756.572
262,870
4.415.000
828,893
9,097,429
S California,oth.
580,751
11,631,733 1,166,253
1,660
7.020.000
1,670,632
12.814,779
8 Oregon............
40,282
15,275 867 1.624,948
35,930
145 19,732,000
J W ashington...
5,016,2y7
39,143.346
918.342
47.704.24; 6 , 086.228
300.41-0
(. Total Div.N o.7
200,000
34,150
369.606
2 3 0 ,3 0 4
69,935
8.700.000
2,097,497
26,399.524
f A rizo n a ...........
480,675
25,511.558 2 ,2 0 ',9 U
57,510
625.000
185,500
1,748,791
£ C olorado........
66,240
195,220
1.480,458
3,080
4.732.000
679,067
14,065,970
• I d a h o ..............
293,087
15,988,256
821,825
82,250
975.000
204,395
2,382,928
2 M on ta n a ........
188,752
2,333.176
146,307
1,810
400.000
10,000
575,563
w New M exico ..
895
488,243
22,407
80
2.790.000
918,800
3,534,943
J Oklah’a & I. T.
147,228
4,898,749
641,988
66,930
1.200.000
232,400
2,227,045
9 U ta h ................
235,176
2,885, h75
240
137 19,622,000
© W y o m in g .....
4,361,809
51.304.370 1,176.87;
53,816,719 4 340,789
211,900
I Total Div.N o.8 3 .7 1 1 679,970.110 234.069 9- 5ll.702.365.s-53 1 R .=> «3 .37 <
2.058.9*3.107 97.017 564
î.870.591) 22054666 123525735
Total fo r IT. S. ..
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Resources. Mill’s. Mill’s. Mil’s Mil’s Mill’s. Mil’s Mil’s Mil’s Mil’s Mil’s Mil’s Mil’s Mill’s. Mil’s MU’s MU’s Mil’s
MU’s MU’s Mil’s Mil’s Mil’s Mil’ns. Mil’ns. Mil’ns.
■Loans........ 1 5 2 2 3 6 3 9 8*9 8-3 9 3 2 3 6 7 29-6 7-6 1 3 5 11-4 28-0 20-8 9 2 2 16-8
5-1 2-0 13-2 11-7 28-4 21-4 10-7 6 2
9 8 1 L 0 7 8 2 ,0 5 9
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Bds for circ.
69
•
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Due fr.banks 38-0 2 9 2 2'1 4 ft 2 3 3 9-6 6 4 1-4 3-9 2-3 8*5 8-2 2 5 9 4 8 2-3
• 3-7 2-5 5 7 7-6 5-5
8
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223
429
2'8 32-8
Real estate..
•
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3-8 3 3 1-6 1 1
'5
•
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‘7 12-5 2 8 2-5 1-8
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Nat.bk notes
•
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12
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•
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•
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•
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Other res’ces
•
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•
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52 T ota ls..... 234*9 6 6 1 S 17-6 15-7 170-6 6 0 s 5 0 0 14-6 2 6 1 1 6 5 49-ê 3 3 9 167-3 25-3 1 0 1 3-8 2 1 9 17-6 47-5 3 6 9 22-0
9 0 1 ,7 1 3 1 ,7 2 4 3 ,4 3 7
Liabilities.
Capital stock 5 2 4 4 9 8 1 3 1-5 22-5 1 0 0 13-2 2-6 3-6 4-9 9 1
•
9
• 4-8 4-5 1 0 7 8-8 4-0 2-5 2 4 3
7
8-1 21-9 4 4
680
437
Surplus fund 1 3 6 3 9 6 2 0 1-8 1 3 4 6 4 4-4 1-1 1-8 1-1 2'5 1-7
97
•
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•
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• 1 6 1-2
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39
58
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Circulation..
4-8
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24
113
Due to dep’rt 1 0 5 8 302-7 1 3 0 7-2 9 7 4 33*7 2 4 m 9 9 1 5 5 5 ‘4 221 18-3 6 8 4 H O 5-7 1-4
9 8 8 8 18-9 13-6 9 8 3 7 8 0 6
9 1 3 1 ,7 1 9
Due to banks 51-2 2 4 8 0
• 5-1 3 9 5 7-8 5-8
5
• 3 7 4-8 1 2 6 4 0 6 3 7 8 4 2 5 1 1 4-7 2-8 1 5 1 12-3 7 3 1-0 4 9 3
2
555
62
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Other liab’s..
•
8
•
1
•
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•
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•
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£
•
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•
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15
13
rpMol.
t* A O r a í 8 1
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1 0-1 S-o 21 -° 1»-« 4*yr 36-9 2 2 -n 9-0 1 7 1 3 1 .7 2 4 3 .4 3 7 1 6 V S «25*5
5
' N orth Carolina
South Carolina
G eorg ia .........
F lo iid a .........
C A la b a m a . . . .
£ M ississippi___
X New O rleans..
5
*• Louisiana, oth
g T e x a s ..............
£ A rk a n sa s.......
■ Louisville .. ..
Kentucky, oth,
Tennessee.......
L Total Div.N o.4

A p r i l 16,1892,1

THE

C H R O N IC L E .

Jwüjestmetxt

ROADS.

lla ilic o a d
The I n v e s t o r s ’ S u p p l e m e n t , a pam phlet o f 150 pages
contains extended tables o f the Stocks and Bonds o f R a il­
roads, and other Com panies, with remarks and statistics con­
cerning the incom e , financial status, etc., o f each Com pany.
I t is published on the last Saturday o f every other month —
v iz ., January, M arch, M a y, Ju ly, September and November,
and is furnished w ithout extra charge to all regular sub­
scribers o f the C h r o n i c l e .
The General Quotations o f Stocks and Bonds, occupying
six pages o f the C h r o n i c l e , are published on the third
Saturday o f each month.

RAILROAD EARNINGS.
Latest E arnings Reported.
Week or Mo

1891-2.

1890-1.

1
$
$
A llegheny V a l.. February.
193,009 175.484
A tcb .T . * 8 . Fe.. 1st wk A pr 610,690 574,334
H a lf o w n e d . . . 1st w k A pr
31,521
34,662
Total system 1st wk A pr 642,211 608,996
St L. & S an F . 1st w k A pr 129.701 113.484
H a lf ow ned. ls t w k A pr
30.921
34,040
Tot.S.L.&S.F, 1st w k A pr 160,622 147,524
A gg. t o t a l . ls t w k A pr 802,833 756,520
A tla n ta * Ob ar. February..
71,263
73,286
Atlanta * Flor’ a M arch.......
6,275
8,818
A tla n ta * W.Pt February..
47,728
40,846
B.&O.EastLines F ebruary.. 1,385,211 1.305.020
W estern Lines February.. 479,848 404.000
Total
February., 1,865,059 1.709.020
Bal.&O. South w l s t w k A pr
42,267
41,720
B a t h * H am ’nds January...
1,634
1,438
Bir. & A tlantic M arch.......
3,244
4,539
Bir.Sh.&Tenn.R February..
18,860
13,509
Buff. Roch. * Pitt ls t w k A p r
52,983
57,470
Bur. C.Rap. &N 4thwk Mar 115,989
80,391
Camden & A tl. F ebruary..
37,354
36,736
Canadian Pacific ls t w k A pr 416.000 391.000
Op.F’r&Yad.Val Decem ber.
42,590
46,103
Car.Cum.Q&Ch, February..
4,013
3.889
Car. M idland... February..
5,433
6,344
Central o f N. J .. Decem ber. 1,155,408 1,176,896
Central P a cific.. November. 1,401,127 1,390,900
Central o f S.C.. F ebruary..
10,698
9,966
Ohar.Cin. AChie M arch.......
13,000
13,361
Oharlest’ n * 8av February..
69,427
82,123
Char. S u m .* No M arch.......
13,535
9.225
Cher aw. & Dari. F ebruary..
9,558
11,574
Cheraw. & Salisb February..
3,037
3,465
Gh.es. & O h io.... ls t w k A pr 141,216 154,902
Ghes. O. & 8. W. M arch.......
182,161 173,344
Chic. Bur. & No February.. 161,496 146,766
Chic. Burl. & Q. February.. 3,068,385 2,237.904
O h io.* East. 111. 1st w k A pr
75,107
76,304
Chicago & Erie. F ebruary.. 235,448 189,363
Ohlo.Mil. & St.P 1st wk A pr 593,879 497,022
Ohio. A N ’ thw’ n. February.. 2,266,183 1,707,841
Chic. Peo. & S. L. t ls t w k A pr
21,478
16.855
C h ic.R ’k l.& P .. March
1,403,388 1,219,864
Chio.St.P.&K.O ls t w k A pr
80,331
83,399
Ohio.St.P.M.&o r ebruary.
637,598 457,246
Ohio. * W. Mien. ls t w k A pr
38,359
29,781
Oln. 6 a . & Ports. March
5,007
4,867
CHn. Jack & Mac. 1st wk Apr
12,318
13.856
Oln.N. O. & T .P. 4th wk Mar 121,831 124,620
Ala. Gt. South. 4 th wkM ar
49,800
58,824
N. Orl. & N. E. 4th wk Mar
35,611
35,753
Ala * Vicksb. 4thwk Mar
17,882
22,206
Vicas. Sh. & P. 4th wk Mar
17,637
22,616
E rlanger Syst. 4th wk Mar 242,761 264,019
d n n .N o rth w ’n. M arch.......
1,357
1,218
Cin. P orts. & V.. M arch.......
18.701
15,968
Col. & M aysv. March .......
1,255
1,122
dn.W ab.& M ich. February..
60,887
43,414
Ole v. Akron&Col 4th wk Mar
27.921
21,680
d e v . & Canton.. February,
46,178
37,656
OLCin.Ch.AS.L, 4thwk Mar 371,618 330,937
Peo. * East’n. 4th wk Mar
46,843
35,790
d e v . * Marietta March
27,099
32,711
Color. M idland.. 1st w k A p r
41,029
34 ,560
Col. H. V. & Tol. M arch.......
232,775 224,682
Ool.Shawnee&H 4thw kM ar
19,395
7,667
Colusa & Lake.,. M arch.......
1,613
1.889
Conn. R iv e r . . . . February..
84,073
73,989
Current R iv e r.. 4th wk Mar
3,384
3,348
D env. * R io G r. l s t w k A pr 148.000 137,400
Des M. No. & W M arch.......
33,349
27,Q0i
Det.Bay €.& A )p March.......
32.822
37,274
Det.Lans’ g & No ls t w k A pr
21,018
22,061
D u lu th S .S .* Ati ls t w k A pr
38,055
31,582
D uluth & Winn. M arch.......
14,106
8,420
E.Tenn.Va.*Ga. 4th wkMar 207,947 225,346
E lgin Jol.*E ast. M arch....... ]
73,739
58,209
Eliz.Lex.& B.S.., January...
41,596
60,740
Evans.& Ind’plit- ls t w k A pr
6,283
5,565
E vansv. & T. H. ls t w k Apr
23,295
20,945
F itchburg.......... February.. 557,332 515,076
Flint. & P. M ara. 4thw k Mar
91,186
91,022
F lore n ce ............ F ebruary..
5.262'
6.436
Flor. C en t.* P . December, 177,488 143,124
F t. W. & R io Gr ith w k Mar
8,883
5,750
Ga. Car’la A No February,.
14,054
12,588
G eorgia R R ....... February,. 145,340 179,170
Geo. So. & F la. M arch.......
65,759
57,369
G eorget’n * W ’ i February.,
4,050
3.323
G r.R ap. & Ind.. ls t w k A pr
47,523
43,977
C in .R .* Ft. W 1st wk A p r
9,017
- 7,668
Other l i n e s ... ls t w k Apr
5,389
4,694
T otal all lines. ls t w k Apr
61,929
56.339
Grand T r u n k ... Wk A pr. 9 384,563 358,914
Ohio & G r.T r. Wk Apr. 2
90.506
76.841




Latest Earnings Reported
Week or Mo

AND

R oads .

639

Jan. 1 to Latest Date.
1891-2.

1 1890-1.

4
1
370,566
8,015,648
429,654
8,445,302
1,672,026
421,394
2,093,420
10,538,722
131,822

A
373,500
7,386,470
412,597
7,799.067
1,602,763
403,999
2,006,762
9,805,829
153,767

84,607
2,920,622
989,545
3,910,167
670,502
1,438
9,303
37,915
745,003
1,032,846
71,030
5,054,471
583,357
6,659
9,602
14,201,767
15,504,798
19,510
39,720
132,291
43,620
16,026
4,834
2,231,632

93,558
2,751,005
861,468
3,612,473
582,822
1,634
14,403
29,760
647,643
823,156
76,982
4,604,754
555,209
7,507
13,113
13,663,726
1 4,683,529
21,231
40,473
159,538
30,605
25,038
6,618
2,098,299

311,573
6.077,184
1,005,153
473,504
8.059,939
4,502,885
333,463
4,017,371
1,210,908
1,267,627
464,559
14,161
173,024
1,030,502
456,236
308,503
163,735
153,829
2,112,805
4,426
49,766
3,042
113,044
216,693
88,780
3,203,839
. 426,831
76,515
521,692
702,740
154,597
4,588
162,224
36,446
2,237,835
97,260
91,512
294,451
478,544
35,451
1,807,493
203,647
41,596
92,213
313,009
1,088,572
803,558
8,226
1,497,306
69,010
26,218
‘ 262,091
190.910
8,159
629,116
122,823
60,017
811,956
5,007,507
3 ,000.529

311,566
4,567,734
978,828
378,239
6,454,103
3,601,247
257,919
3,340,223
1,000,455
942,982
397,863
13,070
201,154
1,032,553
462,701
285,681
162,579
162,101
.2,105,615
4,905
46,114
2,653
87,489
208,096
77,904
3,120,101
366,970
84,340
508,896
612.149
99,917
5,560
155,954
37,982
1,913,243
74,434
126,546
285,554
393,235
19,202
2,055,456
154,172
60,740
84,607
295,796
1,051,143
767,095
12,541
1,212,437
50,296
23,908
372,258
180,529
7,353
578,627
114,463
56,472
. 749,562
4,812,876
962.559

1891-2.

1890-1.

Jan. 1 to Latest Date.
1891-2.

1890-1.

Gr. Tr.—(Con.)—
$
$
9
$
Det.Gr.H AM . Wk A pr. 2
24,199
282,963
22,307
2 6 7 ,2 6 7
Great N orth’n St. P. M. & M . M a r c h .... 1,285,990 737.429 2,953,544 1,926,627
East, o f M inn. M arch___
71,285
52.809
191,273
134,065
M ontana Cent M arch___
87,355
270.961
92,294
271,568
Tot. system . M arch___ 1,444,630 882,531 3,415,778 2,332,261
Gulf * Chicago M arch___
3,098
9,098
3,099
9 ,2 2 8
H ousatonic___ January..
102,537 106,113
102,537
106,118
Humest’ n&Shen M arch___
12,500
40,300
13,957
39,936
Hutch. &8outh’ n M arch___
4,523
3;935
18,002
1 5 ,2 7 »
Illinois Centr’i . . M arch___ 1,505,774 1,425,330 4,580,769 4,349,82%
Ind.Dec. & W est . M arch___
36,923
118,584
36;510
109,957
In. & Gt.North’ n 4th w kM ar 112,672
868,301
92,342
8 4 6 ,1 3 »
tlnteroc. (Mex.) W kMar. 26
42,128
Iow a C entral... 4thw k Mar
29,646
470,211
426,084
29.729
Iron R a ilw a y ... March
2,620
7,305
9,734.
3,803
J’ k’nv.T .& K .W . March
111,832 103,067
289,250
273,052
Kanawha&Micb ls t w k A pr
6,632
84,032
7 5 ,5 3 8
5.607
Kan. C. Cl. & 8p. 4th wkM ar
8,106
77,374
78,881
7,248
K.C.F.8. & Mem. 4th wkM ar 130,542 113.278 1,265,230 1,144,673K.
C.Mem. &wkM ar
291.673
26,765
4th Bir.
303,015
28,704
K e o k u k * West. 4thw k Mar
10,48i.
102,365
93,278
11,001
L. Erie All. & So March
7,326
19.833
1 6 ,7 7 »
6,360
L. Erie & West . ls t w k A pr
55,516
875,773
780,608
50,330
L e h ig h * H u d .. March
28.548
87,427
9 1 ,2 8 »
31,826
L. Rock & M em. 4th wkM ar
17,736
169.872
182,368
12,309
Long Islan d ___ ls t w k Apr
83,745
796,967
767,006
77,158
L ou is.* Mo. Riv. January.,
33,693
33.693
29 ,458
29.459
Loui8.Ev.*St.L. ls tw k A pr
30,318
310.882
3 6 9 ,0 0 »
28,076
Louisv. & N ashv. 1st wk A p r 367,020 350,065 5,488,485 5 ,0 22,4 08
Louis. N. A & Ch. 1st wk A pr
58,298
743.405
6 3 4,19 8
45,842
Louisv.N.O. &T. ls t w k Apr
54,053
52,647 1,048,734 1,025,33T
Lou. St.L.& Tex. ls t w k A pr
11,182
173,927
117,78L
8,195
Lynchb.&Dur’m January...
10,789
10,789
10,591
10,591
Memphis & Chas 4thwk Mar
48,003
335,772
423,143
46,398
{M exican Cent... ls t w k A pr 138,963 125,932 1,985,258 1,793,615
75,603
{Mex. N a tion a l. ls t w k Apr
66,085 1,056,979 1,110,582
{M exican R’ way Wk M ar.26
63,150
784,561 1,000,415
88,349
Mil.L.Sh. & West 4th w k Dec
72,118
64,495 3,527,714 3,848,568
Milwaukee &No 1st w k A p r
32,967
408,152
408.498
31,417
Mineral R ange.. March
12,000
32,400
23,428
10,296
Minneap. &St.L, March
163,560 139,137
452,277
361,216
M.
St.P. &8.S.M,
232,051 169,926
456,111
654,000
March
Mo. Kan. & Tex. b ls t w k Apr 161.788 159,246 2,040,937 2,132,554
Mo.Pac.&IronM 1st wk A pr 407.000 412,000 6,788,127 6,180,044
Mobile & B irin .. November.
30,240
243,060
256,364
28,844
287,431 294,158
Mobile & O h io.. M arch.......
904,338
873,835
220,740
Monterey&M. G. M arch.......
239,461
74.527
72,637
957,231
Nash.Ch.&StL.c M arch.......
419,498 306,995 1,252,083
2 6 5 ,4 0 »
293,892
N. Jersey & N .Y December.
24,268
21,345
New Orl. & So’n M arch.......
41 ,887
34,382
9,952
11,611
N. Y. C.& H .R .. M arch....... 3,273,417 3,061,439 9,546,002 8,802,287
9 2 0,90 8
RomeW . & Og. M arch.......
303,837 322.534
858,557'
Tot. both rds. M a r c h ..... 3,577,284 3,383,973 10,404,559 9,723,195.
N. Y . L. E. & W. F ebruary.. 2,278,623 2,054,403 4,465,193 4,226,682
9 6 7 ,8 6 »
N. Y. Pa. & Ohio F ebruary.. 544,157 468.431 1,078,155
863,821
N. Y .& N .E n g ., February.. 451,186 417,781
885,351
10 1 ,6 3 »
35,845
N. Y. A N orth’n . M arch.......
111.589
35,241
691,514
719,693
58,196 . 51,040
N. Y .O n t & W.. 1st wk A p r
216,623
N.Y. Susq. & W.. February.. 113,851 101.535
227,783
29,986
29.896
Norf. & South’n. Ja n u a ry...
N orfolk& W est.. ls t w k A pr 188,084 173,084 2,388,337 2,186,394
133,141
N’theast’n (8. C.) F ebruary..
70,597
163,607
76,796
969.142
North’ n Central. F ebruary.. 576.044 473,580 1,125,954
Northern Pacific ls t w k A pr 425,818 457,641 5,302,982 5,457,707
96,306 100,287 1,282,693 1,2 0 5 ,0 8 5
Wis. Ct. Lines. ls t w k Apr
N.P.& W.Cent. ls t w k A pr 522,124 557,928 6,585,675 6,6 62,7 92
Ohio & M iss....... ls t w k Apr
84,813
80,110 1,129,283 1,062,715
146,690
Ohio R iv er......... 1st wk Apr
12,625
152,798
12,133
148,760'
174,145
56,748
Ohio Southern.. M arch.......
52,677
60,878
100,295
48,247
Omaha & St. L . . February..
27,252
607,642
551,885
Oregon Im p. Co. February.. 256,107 299,281
Pennsylvania .. February.. 5,207,097 4,739,320 10,226,833 10,051,795
222.143
228,086
14,467
Peoria Dec. &E v. ls t w k Apr
15,064
8 8 ,9 8 »
49,619
Petersburg........ F ebruary..
87,178
45,842
657,590
713,961
Phila. & E r ie ... February.. 354,286 304,988
Phila. * R ead’g . F ebruary.. 1,788,774! 1,470,917 3.515,988 3,183,007
C o a l* Iron Co. F ebruary.. 1,778,028! 1,145,647 3,310,069 2,589,408
TotalbothC os. F ebruary.. 3,566,802 2,616,564 6,826,057 5,772,415
10,613
10,352
3,944
3,808
Pitts. Mar. & Ch. M arch.......
6 1 ,5 0 8
85,397
33,257
21,688
Pitt.8hen.& L.E. M arch.......
1 0 7 ,0 4 »
94,319
94,819 107,049
Pittsb. & West’n January...
29,371
38,047
38,047
29,371
Pitts. Clev.&T. January...
15,589
15,116
15,116
15.589
Pitts. Pain. &F. January...
50 1,848
566,847
41.897
33,827
Total system 1st wk A pr
109,382
167,032
88,063
50.574
P itt.Y ou n g .*A . F ebruary..
93,312
54,677
33,471
49,437
Pt. R o y a l* Aug. February..
94,461
54,089
34,783
47,558
Pt.Roy.&W .Car. F ebruary..
2 3 ,1 8 »
23,140
-9,8541
8,176
Pres.&Ariz.Cen. M arch.......
6 2 ,5 1 »
71,696
22,092
20,369!
Quincy O. & K. C. March
526,900
432.900
Rich.&Danville. January... 432.900 526,900
1 8 3 ,3 0 »
141,500
V ir.M idlan d.. January... 141,500 183.300
68.500 ’ 95,700
95,700
68.500
Char.Col.&Au. Ja n u a ry...
9 0 ,9 0 »
71,600
90,900
71,600
Col. & Greenv. Ja n u a ry...
8 2 ,5 0 »
63.500
82,500
63.500
West. No. Car. Ja n u a ry...
16 8 ,3 0 »
182.900
182.900 168.300
G eorgia P ac .. J anuary...
9 ,9 0 »
9,720
9,900
9,720
Wash.O.& W .. Ja n u a ry...
1 4 ,0 0 »
11,700
14,0u0
A shv. &Spart. Ja n u a ry.., ' 11,700
3,417,835 3,6 8 5 ,5 4 »
T otal Sys’ m. 1 st wk A pr 256,955 286.980
51,943
53,298
26.575
29,055
Rich. & Petersb. February..
40,424
133{888
3,689
9,607
R ioG r’ deSouth, ls t w k A pr
561,168
562,337
35,000
35,700
Rio Gr. W e st... ls t w k Apr
20,857
22,220
7,662
7,955
Sag.Toscola&H. March
362,551
375,503
22,750
24,030
8t.L .A .*T .H .B ’ s ls t w k A pr
64,917 1,121,811 1,098,751
69,411
St.L.Southw’ rn. ls t w k A p r
2 9 4 ,3 1 »
400.014
147,834 108,471
St. Paul & Dul’ tb March
2,808
1,552
735
587
Sandersv. & Ten. M arch
14 5,33 »
158,187
22.576
23,357
S. Fran.&N.Pao. 4tbw kM ar
121,314.
107,686
38,613
35,486
Sav. Am . & Mon. M arch— .
Sav.Fla. & West. December. 315,691 359.044 3,288,862 3,038,473
10,788
6,520
nil.
nil.
S ilv erton ........... M arch.........
103,058
102,089
37,263
34,000
Sioux C it y * N o. M arch.......
40,720
15,442
South B o u n d ... M arch.......
508,505
399,075
134.000 153,842
South Carolina . M arch.......
So. Pacific Co.—
641,078
693,181
Gal.Har.&S.A. February.. 333,754 299,913
15 7,262
187.590
70,174
90,922
Louis’ a W est.. F ebruary..
892,169 1,104,586
Morgan’ sL&T. February.. 418,271 499,352
2 5 ,2 4 »
33,734
10,914
15,204
N. Y .T . & M ex F ebruary..
2 3 7 ,9 8 »
271,815
Tex. * N. Orl. February.. 139,147 Ì13.074
2,111,020 2,183,496
Atlantic sys.d. F ebruary.. 1.011.588 1,001,218
Pacific system F ebru ary .. 2,409,000 2,311,091 4,826,000 4.9 82,0 64
. Total o f a ll.. F ebru ary .. 3.420.588 3,312,369 6,937,019 7,1 6 5 ,5 6 »
So Pac; R R .—
CoastDiv. (Cal/ D ecem ber. 170,154 149,380 2,345,6651 2,389,048
So. Div. (Cal.) D ecem ber. 616,594 456,854 6,934,159. 16 407,422

THE

6'1Ö
Latest E arnings Reported.

R oads .

Week or Mo 1891-92.

1890-91

*
$
S o.P ac.R R .- Con
Arizona D iv .. D ecem ber. 156,969 150,385
73,362
N ew M ex. Diy. Decem ber.
78,492
Spar. Un. & Col. F ebruary..
10,084
12,120
Staten Isl. R. T. M arch .___
57,772
60,200
Stony Cl.&CMt.. F ebruary..
1,241
1,058
91,872
Summit B randi. February.. 104,051
63,786
Lykens Valley February..
73,533
T ot’ l both Co’ s February.. 177,584 155,657
15,593
Tenn. M idland.. M arch.......
11,817
T exas & Pacific ls t w k A pr 114.655 121,898
3,725
3,638
Tex.8.Val&N.W . M aich.......
T o l.A . A .& N . M M arch.......
96,147
95,726
5,697
6,958
ToL Col. & Cin. ls t w k A pr
23,616
25,838
T o l.& Ohio Cent. ls t w k A pr
16,994
16,297
T ol. P. & W est.. ls t w k Apr
33,781
32,735
S ol. St. L. & K.C. ls t w k A pr
2,343
2,267
T ol. & So. Haven M arch.......
22,512
19,624
U lster & D e l___ February..
U nion P acific—
O r.S.L. &U.N. February.. 453,457 544,641
O r.R y.A N. Co. February.. 272,366 347,300
Bn.Pac.D.& G . February., 391.906 371,057
17,542
17,268
St.Jo.& G’d lsl. lstw k A pr
All oth. lin es.. F ebruary.. 1,570,407 1,366,413
Tot.U.P.Sys. February.. 2,782,111 2,682,218
96,047
48,186
Cant.Br.&L.L. February..
Tot. cont’lecl F ebruary.. 2,878,159 2,730,404
91,603
91,409
M ontana U n .. February..
2,204
2,755
L eav.Top. & S. February..
2,704
3.074
M an.Al.& Bur. F ebruary..
96,512
97,238
Join how n’ d ,.. February..
February. 2,926,415 2,779,023
Grand total
13,556
12,030
V erm ont Valley February,
ls t w k Apr 235,000 223,000
W abash.......
93,324
84,719
February.
W est Jersey
88,493
93,331
W.V.Cen.&Pitts. M arch___
45,931
51.029
W estern o f Ala. February.
87,000
84,100
W est.N .Y. & Pa. 4th wk Mar
27,641
25,334
W heeling & L. £ . ls t w k Apr
98,883
75,013
W il. Col. & A ug. February.
6,205
7,898
W rightsv.& T en. ¡March___ i

C H R O N IC LE .

Jan. 1 to Latest Date-

1891-92.

1890-91

*
is
t
2,028,689 2,000,594
1,049,260 1,030,951
26,176
18,692
170,039
172,459
2,165
2,348
205,759
196,174
133,572
147,649
344,329
343,823
45,650
40,419
1,719,877 1,749,030
9,982
11,670
240.123
250,261
84,541
78,196
339,979
318,880
231,539
270,576
417,884
526,6C0
39,289

42,592
937,205
557,185
834,950
291.358
3,312,652
5,832,580
211,549
6,044.128
182,823
4,286
5,719
192,829
6,140,543
25,859
3,585,715
177,193
256.359
85,753
787,053
328,528
145,3401
17,508)

1,177,304
821,157
960,117
184,411
2,846,783
5,708,011
92,900
5,300.911
176,016
4,863
6,100
186,979
5,894,400
24,525
3,185,822
177,808
262,393
112,560
808,766
302,549
206,005
25,723

* Figures co v e r on ly that part o f m ileage located in South
t Earnings given are on w hole Jacksonville Southeastern
b Kansas City & P acific included in both years, c W estern
t ic included in 1892, but n ot in 1891.
d Includes earnings
ries, etc., not given separately, i M exican currency.

Carolina
System .
& A tla n ­
from fe r ­

Latest Gross Earnings by Weeks.—The latest weekly
earnings in the foregoing table are separately summed up as
follows:
The statement for the first week of April shows a moderate
ratio of gain—$270,218, or 4’50 per cent, the number of roads
included being 65.
1st week o f A pril.
A tobison Top. & S. F e ...
Roads i’tly owned 1 ..
2
Roads j’ tly ow ned *3Buffalo R ocb. & P ittsb ...
Chesapeake & O h io .........
Chicago & East. Illinois .
Chicago Milw. & St. Paul.
C hicago Peoria & St. L ...
Chicago St. P. & Kan. C..
Chicago & W est Michigan
Cin. Jackson < Mackinaw
fc
D en ver & R io G ra n d e . . .
D etroit Lans. & Northern
D uluth So. Sh & Atlantic
E vansv. & Indianapolis.
E vansv. & Terre H aute..
Grand Rapids & Indiana.
Cincinnati R . & F t. W ..
*® randTrunk o f Canada.
K anaw ha & M ichigan—
Bake Erie & W estern___
Bouisv. E vansv. & St. L ..
Bouisvillfe & N ash ville...
liouis. N. A lban y & Chic.
L ouisville N, O. & Texas.
B ouisv. St. Louis & Texas
M ilwaukee & N orthern..
M o. Kansas & T exas.......
M e. P acific & I r o n M t ...
N ew Y ork Out. & W e st...
N orfolk & W e ste rn .........
W isconsin Central lines
P eoria & East. Illin ois..
R ich. & D anv. (8 ro a d s)..
R io Grande Southern—
St. Joseph & Gr. Island..
St. L. A lt. & T. H. Brches.
St. Louis Southw estern..
T oledo Col. & Cincinnati.
T oledo & Ohio C en tral...
T oledo P eoria & Western
T oledo St. L. & Kan. City
W heeling & Lake E r ie ...
T o ta l (65 r o a d s ) .... ....
N et increase (4*50 p. c .) ..

1892.

1891,

*
610,690
31,521
129,701
30,921
42,267
52,983
416,000
141,216
75,107
593.879
21,478
80,331
38,359
12.318
41,029
148,000
21,018
38,055
6,283
23,295
47.523
9,017
5,389
384.563
6,632
55,516
83,745
30,318
367,020
58,298
54,053
11,182
138.963
75,603
32,967
161.788
407,000
56.196
188,084
425,818
96,306
84,813
12,625
14,467
41,897
256,955
9,607
35,700
17,542
24,03C
69,411
114,655
5,697
23,616
16,994
33,781
235,000
27,641

$
574,334
34,662
113,484
34,040
41,720
57,470
391,000
154,902
76,304
497,022
16,855
83,399
29,781
13,856
34,560
1371400
22,061
31,582
5,565
20,945
43,977
7,668
4,694
358,914
5,607
50,330
77,158
28,076
350.065
45,842
52,647
8,195
125,932
66,085
31,417
159,246
412,000
51,040
173,084
457,641
100,287
80,110
12,133
15,064
33,827
286,980
3,689
35,000
17,268
22,750
64,917
121,898
6,958
25,838
16,297
32,735
223,000
25,334

6,274,863

6,004,645

* F or w eek ending A p ril 9.




Increase.
$
36,356
. . . . __
16,217
547

Decrease.
$
3,141
3,119
4,487

25,000
13,686
1.197
96,857
4,623
3,068
8,578
6,469
10,600
6,473
718
2,350
3,546
1,349
695
25,649
1,025
5.186
6,587
2,242
16,955
12,456
1,406
2,987
13,031
9,518
1,550
2,542
5,156
15,00u
4,703
492
8,070
5,918
700
274
1,280
4,491

697
1,046
12,000
2,307
383,649
270,218

1,538
1,043

i'ii__

5,000
31,823
3.981
597
30,025

[V ol LIV

For the fourth week of March our final statement covers 92
roads, and shows a gain of 9 05 per cent in the aggregate.
4,th week o f March.

1892.

1891.

$
?
P revT yreport’ d (69roads) 9,341,812 8,495,320
115,389
80,391
B urlington C. R. & N o ...
135,582
129,348
Chicago St. P. & K. C ity.
242.761
264,019
CimN.O. &T.Pao.(5 roads)
27,921
Cleveland A kron & C o l...
21,680
East TennesseeVa.tfc G a..
207,947
225,346
Grand R apids & Indiana.
76,880
64,407
Cincinnati R. & Ft. W ..
13,101
12,850
Other lin es.....................
7,402
6.002
Int. & Gt. N orth ern.........
92,342
112,672
Kanawha & M ich ig a n ....
9,287
8,767
Keokuk & W estern..........
11,001
10,481
Little R ock & M emphis,.
17,736
12,309
Memphis & C harleston...
48,003
46,398
M exican R a ilw a y ............
88,349
63,150
R io Grande S ou th ern ....
4,400
12,438
Rio Grande W estern.......
76,500
72,950
San Francisco & No. Pac.
22,576
23,357
T oledo P eoria & Western.
18,262
20,838
W estern N. Y. & P en n ,.
87,000
84,100
Total (92 r o a d s )....___ 10,647,437
Net increase (9 05 p.c.)

9,764,237

Increase.
$
912,225
35.598
6,234
6,241
12,473
251
1,400
20,330
5,427
1,605
8,038
3,550
781
2,576

Decrease.
$
65,733
21,258
17,399

520
520
25,199

2,900
1,016,729
883.200

133,529

Net Earnings Monthly to Latest Dates.—The table fol­
lowing shows the net earnings reported this week. A full
detailed statement, including all roads from which monthly
returns can be obtained, is given once a month in these
columns, and the latest statement of this kind will be found
in the C h r o n i c l e of March 19. The next will appear in the
issue of April 28.
----- Net Earnings.— Gross Earnings.-— >5
1892.
1891.
1892.
1891.
$
Roads.
$
15/706
10,593
C level. & C anton.. b . Feb.
46,178
37,656
22,433
88,780
29,287
77,904
Jan. 1 to Feb. 2 9 ...
148,012
171,034
412,543
Ju ly 1 to Feb. 2 9 ...
493,299
376,772
428,954
Illinois Central___aF eb. 1,570,163 1,408,310
838,312
775,237
Jan. 1 to Feb. 2 9 ... 3,074,995 2,924,492
13,250,608 12,244,754 3,881,880 3,888,232
57,410
65,108
111.832
103,067
Jack. Tam. & K. W .. .Mar.
138,358
150,293
273,052
Jan. 1 to Mar. 3 1 ...
289,250
183.963
528,822
603,364
269,387
July 1 to Mar. 3 1 ...
14,797
66,331
228,241
184,497
Louisv. N. A lb. & C ,.F eb..
28,476
99,615
431,049
376,853
Jan. 1 to Feb. 2 9 ...
71,820
87,890
Louisv.N .O.& Tex___ Feb. . 366,342
308,718
162,140
196,566
686,430
716,768
Jan. 1 to Feb. 2 9 ...
198,385
169,103
538,129
607,350
M exican Central___.F eb.
380,967
427,497
Jan. 1 to Feb. 2 9 ... 1,220,372 1,121,899
439,616
483,585
M o.Pae. & Iron M t.b F eb ,, 2,137,412 1,882,329
806,768
956,655
Jan. 1 to Feb. 2 9 ... 4,211,885 3,324,992
28,139
86,426
74,698
Mont. < Mex. G u lf.F eb.
fe
............
46,461
148,103
165,164
Jan. 1 to Feb. 2 9 ...
117,799
151,461
N ash.C bat.^St.L.-bM ar.
419,498
306,995
365,390
466,552
957,231
Jan. 1 to Mar. 3 1 ... 1,252,083
Ju ly 1 to Mar. 3 1 ... 4,123,220 3,032,229 1,596,932 1,237,600
24,234
30,709
217,321
200,029
N .Y . Ont.&West’ na.Feb.
55,272
53,696
411,829
419,110
Jan. 1 to Feb. 2 9 ...
424,310
511,628
July 1 to Feb. 2 9 ... 2,092,960 1,838,594
51,377
30,011
256,107
299,281
Oregon Imp. C o .a ...F e b .
93,388
84,738
607,642
551,885
Jan. 1 to Feb. 2 9 ....
*146,346
*950,026 *125,021
Deo. 1 to Feb. 2 9 .... *849,723
97,250
105.425
354.286
304,988
Philadelphia & E rie.Feb.
207,524
193,688
657,590
713,961
Jan." 1 to Feb. 2 9 ...
10,554
12,416
54,103
60,532
San Fran. & N P ac.aM ar:
16,388
18,721
158,187
145,339
Jan. 1 to Mar. 3 1 ...
199,859
241,830
612,738
667,320
Ju ly 1 to Mar. 3 1 ....
16,572
15,932
41,354
39,164
Sav. Am . & M o n t...F eb .
33,462
26,393
82,701
72,200
Jan. 1 to Feb. 2 9 ...
153,214
133,070
342,314
341,811
Ju ly I t o Feb. 2 9 ...
Union Paciflo—
189,693
144,511
544,641
453,457
Oreg. S.L. &U. N ..F e b .
483,025
296,653
937,205 1,177,304
Jan. 1 to Feb. 29.
73,760
5,901
347,300
272,366
Ore. R y. &N . C o ...F e b .
229,950
36,802
821,157
557,185
Tari. 1 to Feb. 29.
54,290
35,558
371,057
391,906
U n.P ao.D .& G ulf.. .F eb.
108,395
137,661
760,117
834,950
Jan. 1 to Feb. 29.
6,652
42,277
52,808
93,975
St. Jos. & Gd. Is l...F e b .
10,978
84,229
102,650
190,588
Jan. 1 to Feb. 29 .
380,724
533,764
A llo th e r lin e s ...... Feb. 1,570,407 1,366,413
846,695
Jan. 1 to Feb. 2 9 .. 3,312,652 2,846,783 1,162,446
686,386
780,743
T o ta lU n .P a c.sy s..F eb . 2,782,111 2,682,218
1,717,791 1,679,043
Jan. 1 to Feb. 2 9 .. 5,832,580 5,708,011
6,273
38,167
48,186
96,047
C en.B r.& L eas,L ...F eh ,
93,585 def.5,898
92,900
211,548
Jan. 1 to Feb. 2 9 ..
692,659
818,910
Total con trolled ...F eb. 2,878,159 2,730,404
Jan. I t o Feb. 2 9 .. 6,044,128 5,800,911 1,811,377 1,673,146
22,804
18,361
91,409
M ontana U nion— Feb.
91,603
34,286
34,600
176,016
Jam 1 to Feb. 2 9 ..
182,823
2,755 d e f.1,424 d e f. 1,078
2,204
Leav. Top. & S. W ..F eb .
4,863 d ef. 3,429 d e f.5,071
4,286
Jan. 1 to Feb. 2 9 ..
d ef 25
def.991
3,074
2,705
Man. Alm a & B u r .. Feb.
6,100 d e f.1,501 d ef.1,471
5,719
Jan. 1 to Feb. 2 9 ..
21,700
15,947
97,238
96,512
Total i’ tly ow n ed..F eb.
27,744
29,700
186,979
192,829
Jan. 1 to Feb. 29.
703,509
826,883
Grand tota l.........Feb. 2,926,415 2,779.023
Jan. 1 to Feb. 29 . 6,140,543 5,894,400 1,826,212 1,687,018

a Net earnings here given are after deducting taxes,
b Net earnings here given are before deducting taxes.

*Correction —In reporting the earnings o f the Oregon Im provem ent
Company last week, the figures fo r the three m onths o f the fiscal year

from Decem ber 1 to February 29 w ere erroneously stated to be for the
7,243
1,261
2,222

period from the l3 t o f last J u ly. We repeat the figures this week
and make the prop er correction in the date.

Interest Charges and Surplus.—The following roads, in
addition to their gross and net earnings given above, also
report charges for interest, &c., with the surplus or deficit
above or below those charges.
r—
Inter’ t, rentals, Ac.—, / Bal. o f Ret Earns.—.
—

113,431
......... —

1892.

Roads.
$
Nash. Ch. & St. L
Mch.
121,423
July 1 to Mar. 3 1 ... 1,030,660

1891.

$
93,170
800,962

1892.

1891.

8
30,038
466,272

24,629
436,638

THE

A p r il 16,18S2. j

C H R O N IC L E '

ANNUAL REPORTS.
Tliomson-Houston Electric Company.
31, 1892.^
A t the animal meeting of the Thomson-Houston Electric
Company at Middletown, Conn., nearly the entire capital stock
was represented in person or by proxy. The following directors
were chosen: H. A. Pevear, C. A. Coffin, B. F. Spinney, J. N.
Smith, 0. H. Newhall, Eugene Griffin, S. Endicott Peabody,
T. Jefferson Coolidge, Jr., C. A. Barton.
The pamphlet report of the Thomson-Houston Electric Com­
pany is for the year ended Jan. 31, 1892. Nothing is said
concerning the consolidation with the Edison General Elecric Company, which is now pending. The first half-year
is reported materially poorer for business than the previous
year. The decrease was some 30 per cent, but this loss was
almost wholly recovered in later months, and there was a
gratifying increase in every department.
The report says: “ The unfilled orders in hand at the present
time, as compared with the same date of last year, are more
than double in amount, and in each of the various departments
of the business the orders received since the 1st of January are
very largely in excess of those of a year ago. The outlook for
the ensuing year is most encouraging. A recapitulation of
the business from the Boston office of the company for the
cast nine years has been: 1883, $426,987; 1884, $700,470; 1885,
$983,996; 1886, $1,405,041 ; 1887, $2,335,594; 1888, $4,435,902;
1889, $8,222,789; 1890, $10,217,661; 1891, $10,304,580.”
The newly-organized lighting companies numbered 118 in
1891 making January 1, 1892, 873. These companies have
in use 100,293 arc lights and about 800,000 incandescent
lights compared with 87,131 arc lights and 616,355 in­
candescent lights January 1, 1891. The number of street
railway companies operating and under contract in­
creased 59 during the year, making 204 in all, employing
altogether nearly 3,000 cars, with an aggregate mileage
of about 2,500 miles. “ Great advance has been made in
the development of electric locomotives for freight and pas­
senger service. The first installation for freight purposes has
lately been very successfully made, and has more than real­
ized all that was expected of it. It is confidently believed
that electric passenger locomotives with a speed of 40 to 50
miles per hour will soon be in successful operation.”
It is explained that the liabilities in the balance-sheet do
not include $500,000 Thomson-Houston collateral trust bonds,
issued in 1889 as an accommodation to the Manhattan Electric
Company of New York, and assumed and secured by that
company. *‘ The Thomson-Houston company has received from
its stockholders from time to time $10,500,000 in actual cash
from subscriptions to its common and preferred stock. The
la 9t issue of common stock, amounting to $1,500,000 at par,
was sold in September, 1890, at 100 per cent premium, yield­
ing to the treasury $3,000,000 in cash. Thus $1,500,000 of the
surplus of the company February 1, 1891 ($6,022,533), is repre­
sented by premium received from the sale of common stock;
the balance by accrued surplus earnings of the company.
The surplus net earnings for the fiscal year just closed, after
deducting $1,236,366 paid during the year as dividends on
common and preferred stock, is $1,524,414, making the total
surplus February 1, 1892, $7,546,947.
“ Prior to March 1,1892, there had been paid to the stockhold­
ers in cash dividends a total of $1,731,131. In addition to this
there had been distributed among the stockholders as a special
dividend $1 ,000,000 of common stock at par, which was taken
from the surplus account of the company April 15, 1889, and
securities of the par value of $2,416,468 were placed in the
hands of trustees for the benefit of the stockholders of the
company October 5,1889. There has also been sold to trustees
for the further benefit of stockholders of the parent company,
stocks and bonds of local companies, classed as ThomsonHouston securities, series A, B and C, from which the share­
holders have realized as profit, in excess of cost to them, an
amount which, added to the present market value o f the
shares, would aggregate $775,000.”
Balance Sheet January 30, 1892.
('F o r the yea r en din g J a n u a ry

ASSETS.

r \M
M
STATEMENT OF SURPLUS ACCOUNT. *

Surplus February 1, 1 8 9 1 .................................... $6,022,533
Incom e fo r year ending January 30, 1892,
after deducting dividends paid during the
y ea r............ ................................................ ........ .
1,524,414
Surplus January 3 0 ,1 8 9 2 ....... .....................

$7 ,5 4 6 ,9 4 7

Burlington Cedar Rapids & Northern RR.
( F o r the yea r en d in g D ec. 31, 1891.^
The annual report of Mr. G. J. Ives, President, remarks
that 1891 was a good year. Large crops of all kinds were
grown along the lines of the railway, which were moved at
fair rates. That the expense of operation has not increased
in like proportion demonstrates what has been often claimed,
that the large proportion of the operating expenses was
fixed, and cannot be materially reduced without injury to the
property, but a large additional amount of business can be
done at a small additional cost for operating expenses, as the
increase of $582,356 in gross earnings was gained at an ex­
pense of only $125,808, or 21*6 per cent. The per cent of
operating expenses for the year was reduced from 75'29 to
67*25 per cent.
There has been added to the equipment during the
year 10 locomotives, 500 box cars, 20 furniture cars, 20
flat cars, 3 coaches, 3 combined baggage and passenger cars,
2 baggage cars and 11 way cars, which, including freight and
fixtures on same, have cost $391,596. The outlook for the
first half of the present year is good. The earnings for Jan­
uary and February have exceeded the earning3 for those
months last year $150,722.
Statistics o f earnings, charges, & c., for four years are com ­
piled for the Chronicle as follow s :
F IS C A L R E SU L T S.

1888.
1,046
Miles operated..............
$
Earnings—
707^379
P assen g er......................
Freight............................ 1,984,535
Mail, express, & o ......... 156,162

1389.
1,046
$
707,127
2,122,374
157,042

1890.
1,046
$
716,484
2,430,457
157,041

1891.
1,083
$
798,708
2,928,628
159,003

Tot. gross earnin gs.. 2,848,076
Oper. exp. and ta x e s.. 2,076,629

2,986,543
2,177,934

3,303,982
2,487,835

3,886,339
2,613,643

771,447
72-91

808,609
72-92

816,147
75-29

1,2 72,6 96
67-25

Net earnings.................
P. c. op. ex. to earnings

IN CO M E ACC OU N T

Receipts—
Net earnin gs.................
Other receip ts..............
Total in com e...........
Disbursements—
Interest on d ebt............
Const’ n, im provem ent,
equipm ent, &c., & c ...

1888.
$
771,447
61,282

1889
$
808,609
96,308

1890.
$
816,147
105,256

1891.
$
1,272,696
24,410

832,729

904,917

921,403

1,297,106

771,130

775,479

778,055

154,128

150,314

632,871

771,130
247,669

1,410,926
925,793
def. 4,390 d ef.H 3 ,8 2 G

925,258
T ot. disbursem ’ ts .. 1,018,799
B alan ce........................ def. 186,070 def. 20,341

Pittsburg & Lake Erie Railroad.
31, 1891,,)
The annual report of President John Newell states that tho
construction of the line from Coraopolis to Aliquipa has been
completed. The construction of the second track from Cora­
opolis to Phillipsburg has been practically completed, and 1;89
miles has been laid north from Wampum. From that point
to New Castle Junction the grading and masonry for second
track are under construction.
On November 21 last your board a u t h o r i z e d the construction
of a second track from New Castle Junction to Carbon. Of
this, 85 miles nave been completed and the road bed is being
prepared for the remainder.
The equipment named in the last annual report as au­
thorized has all been bought and is in use. The resources for
construction, &c., were as follows:
( F o r the yea r en din g D ecem ber

Jan. 1, 1891, surplus bn band and available fo r
construction ou tla y s....................................... - ........... $134,325
Loan effected from tbe L. 8. & M. S. B y. in June
la st..................................................................................... 750,000
T otal available fo r construction fo r tbe y e a r .. .

$881,325

Accounts receivable, less 10 per cent................................ $5,941,163
The construction charges have been as follows :
Notes receivable, less 71 per cent.................................... 1,514,040 For second track and sidings........................................
*
’« 1 «
Cash................. ................................................................ 1,727,276 For right o f w ay and station grounds.............. .........
16,069
Beal estate, about 70 per cent of cost...............................
430,241 For equipm ent................. ................................................
501,843
Machinery and tools, about 60 per cent of cost.................
491,044
Patterns and models...........................
135,000
T ota l................................................................- ............
$844,746
Patents.............. ................... .................................'.........
338,354
Local companies' stocks, 35 per cent of par..................... .
473,586 L eaving balance applicable to construction fo r
tb e year 1892................................................................
$39,579
Local companies’ bonds, 70 per cent of par........................ 1,858,570
Manufacturing companies’ stock, at cost........................... 3,729,195
There has been expended $40,205 in improvements on the
Construction companies’ stock at cost....................
1,210,750 P. Mp.T , Sc Y. property, which amounts were charged to
C
United Securities Co.’s stock at cost..................................
525,420
Consignments...................................................................
32,116 maintenance. The earnings of the company to the amount of
Merchandise inventory, factory....................................... 1,731,481 $383,108 have been applied to reconstruction of parts of the
Merchandise inventory, railway supply department..........
72,593 line
Merchandise inventory, lighting supply depprtment........................... 52,613 on a new location, to filling trestles, rebuilding bridges,
new station houses, &c.
Total........................................................... ; ............ $20,263,447
Earnings and charges for three years were as follows:
L IA B IL IT IE S .

EARNINGS AND EXPENSES.

Common stock.................. . ............................
$6,000,000
1889.
Preferred stock.............
4,000,000
E arnings fr^m —
$
Accounts payable, merchandise.... .................
498,808 Passengers............................................ 383,095
Notes payable, collateral..................................
1,429,486 F reigh t...................................................2,765,180
Notes payable, unsecured................................
587,005 Mail, express, <&c................................. 103,619
Mortgage........................................,........ .
1,200
Guarantee account..........................................
200,000
Total earnings............ ................ 3,251,894
Surplus Feb. 1, 1891.......................................
6,022,533 Operating expenses and ta x es.......2,404,404
Profits for the year................................ ....... $2,760,780
Less dividend paid.......................................... 1,236,366 1,524,414
Net earnings................................. 847,490
Total..........................................................
$20,263,447 P er cent o f expenses to earn in gs.. 73 '93




1890.

1891.
$

544,840

514,445
3,403,180
92,962

3,131,324
81,042

4,010,587
3,062,698

3,757,206
2,830,376

947,889
76 '37

926,830
75*33

B42

TH E

CH RONICLE.

IN CO M E 'A C C O U N T .

1889.
$
-Net e a r n in g s...................................... 847,490
Deduct—
Interest on b o n d s ..............................
Rental P. McK. & Y . R R ......
H a lf profit P. McK. & Y . R R ., paid 1-662,991
L. 8. & M. Bo......................... .
D iv id e n d s........................................... ■ 184,500
*
T o ta l..............................................
S u r p lu s ................................................

1890.
$
947,889

1891.
$
926,830

f 197,998
) 429,228

203,362
469,027

(1 06,1 35
(6$) 212,250

(fif) 240,000

945,611
2.278

919,210
7,620

847,490

6,821

Chicago & West Michigan Railway.
the yea r en din g D ec. 31, 1891.^
The annual report for 1891 says the disproportionate increase
in operating expenses as compared with the increase in gross
eamiDgs is due to large expenditures upon the property, the
increase in the three items of repairs of roadway and track,
renewals of rail and cross-ties alone amounting to $35,000
more than last year. There has been charged to construction
account during the year $12,065 and to equipment account
$80,907.
Upon the Chicago & North Michigan extension work is
rogressing as rapidly as is consistent with good construction.
he equipment has been increased during the year by the ad­
dition of 2 locomotives, 100 box cars and 20 stock cars, but
further additions are necessary to provide for the business
offering.
Of bonded debt $543,000 five per cent mortgage bonds of the
company were issued during the year, and the proceeds used
towards retiring Grand Rapids Newaygo & Lake Shore R. R.
Co. first mortgage eight per cent bonds due July 1, 1891, and
for construction and equipment expenditures. The total issue
o f the five per cent bonds to Dec. 31, 1891, was $5,188,000, or
$10,775 per mile, the authorized limit being $12,000 per mile.
Earnings, expenses and the income account have been com­
piled for the C h r o n i c l e as follow s:
(F o r

?

TS.
/ F IS C A L RESU L1889.
1888.
T o ta l m iles operated....... .
408
408
Earnings—
$
$
P assen ger........................... .. 502,297
495,433
Freightf................................ . 846,351
818,700
M ail, express, & c...............
69,153
60,700

1890.
489
$
517,076
1,028,701
60,642

1891.
481
$
585,963
1,105,851
65,739

Total gross earnings ...1,417,801
O per.expenses and t a x e s .. 1,046,901

1,374,833
1,018,466

1,606,419
1,042,624

1,757,553
1,231,800

Net earnings................. . 370,900
P. 0. o f oper. ex. to ea rn s..
73-34

356,367
74-08

563,795
64-90

525,753
70-Ó9

1890.
$
563,795
6,750

1891.
$
525,753

IN CO M E ACCOU NT.

1888.
Receipts—
$
N et earnings......................... 370,900
Other receip ts....................
3,678
T otal in c o m e ............... . 374,578
Disbursements—
Interest on d eb t................. 234,718
D ividen ds................. . ........ . 123,004
Rate o f dividend................ . (2 p.c.)
M isce lla n e o u s..............
Total disbursem ents.., 357,722
B alan ce, surplus................ .
16,856

1889.
$
356,367
6,946
363,313

570,545

525,753

237,847
123,004
(2 p.c.)

245,816
265,528
(4 p.c.)

272,832
232,337
(3Lj p.e.)
2,319

360,851
2,462

511,344
59,201

507,488
18,265

West Jersey Railroad.
31, 1891. J
The annual report of President Roberts remarks that in
■comparison with the year 1890 there was an increase in gross
earnings of $24,344 and an increase in expenses of $75,060,
resulting in a decrease of net earnings of $50,715, or 10 31-100
per cent.
During the year the Alloway & Quinton Railroad, extend­
ing from Alloway Junction, on the Salem line, to Quinton, a
distance of 4 % miles, was completed and put in use, and it is
expected that the tiaffic from it will fully justify its con­
struction. The roadway, tracks, bridges and buildings of
the company have been materially improved and are in ex­
cellent condition. To the equipment of the road the follow­
ing additions have been made : five passenger cars, two bag­
gage and two cabin cars and thirteen maintenance-of-way
cars.
Comparative statistics for four years, compiled for the
C h r o n i c l e , are as follows:
( F o r the yea r en din g D ec.

F IS C A L RESU LTS.

M iles operated....................
E a rn in g s —
Passengers...........................
F reigh t..................................
M ail, express, & c................

1888.
219
$
955,914
472,085
128,034

Total gross earnings .. 1,556,033
O p . expenses and t a x e s ... 1,054,131
Net earnings.................

501,902

1889.
222
$
953,578
439,051
133,540

1890.
' 222
$
974,999
515,543
143,203

1891.
226
$
991,150
518,154
148,786

1,526,169
1,099,070

1,633,745
1,141,926

1,658,090
1,216,987

427,099

491,819

441,103

1888.
$
501,902
27,348

1889.
.$
427,099
27,973

1890.
$
491,819
31,098

1891.
$
441,103
9Ì895

INCO M E ACCOU NT.

R eceip ts—

N e t earnings...................... .
O ther r e c e ip t s .....................
T ota l in co m e .................
D tsbursem ents —
R entals p aid ...................
Interest on W. Jersey debt
N etearn.ofW . J.&A. HR..&C
D iv id e n d s ............
R ate o f dividend on c o m ..
M iscellaneous...................

529,250

455,072

522,917

31,397
175,174
82,788
138,082
(6hip.c.)
48

30,189
175,174
43,573
148,217
(7 p.c.)

28,400
175,174
42,543
148,217
• (7 p.c.)
5,120

Total disbursem ents...
B alance, surplus..................

427,489
101,761

397,150
57,922

399,454
123,463




|VOL. LIY,

GENERAL INVESTMENT NEW S.
Atchison Topeka & Santa Pe.—Mr. J. W . Reinhart, VicePresident of the Atchison, is quoted as saying: “ The Atchi­
son Company is in thoroughly first-class condition. It has in
its treasury more securities than were shown June 30 last in
the annual report of 1891. It has sold none of its securities
in two years, except $2,500,000 equipment bonds, the annual
interest and sinking funds of which amount to $375,000 for
the first year from January, 1892, and decreasing thereafter.
These charges, of which but one-half, or $187,500, will apply
to the current fiscal year’s income, are expected to be more
than offset by increases in results from coal and other prop­
erties in miscellaneous earnings, aside from the use of the
new equipment. The company has not sold, and has made no
effort to sell, any other equipment bonds. It has financed
successfully the St. Louis & San Francisco Railway Company,
and there is no large railway system of this country iit better
financial or physical condition. Statements to the contrary
are manufactured and should not be noticed by honorable
people.”
Baltimore & Ohio.—This stock has been listed in London
this week in accordance with the understanding reached when
a syndicate took $5,000,000 of the new issue. The board of
directors, it is reported, will next week declare a cash divi­
dend, payable in May. As the fiscal year of the company
will end with June 30 hereafter, instead of September 30, the
first dividend will be for the three months from October 1 to
December 31.
Chesapeake & Ohio.—On another page will be found an
abstract of the new general mortgage for $70,000,000. The
bonds under this mortgage bear 43*2 per cent and do not ma­
ture till March 1 1922, and during that hundred years the
terms of ihe mortgage may be referred to in the volumes of
the Chronicle .
The bonds have just been placed on the Stock Exchange list
and the application to have them listed contains some infor­
mation additional to that given in the mortgage. It is stated
that pursuant to the provisions of the mortgage, the com­
pany has further acquired—
9,670 shares (100 each) o f the capital stock (out o f a total o f 9,940
shares) and an assignment o f all construction obligations o f the Ohio
& B ig Sandy Railroad Company, a line o f standard gauge railw ay ex ­
tending from Ashland, K y., to Richardson, K y., a distance o f 50 miles.
There is no m ortgage debt on this property, and by the assignment o f
all other indebtedness and the shares o f stock as above, the entire title
is practically vested in the Trustees o f the Chesapeake & Ohio m ort­
gage, ex cep t as to the 270 shares o f stock outstanding. I t is estimated
that this p roperty represents a total expenditure fo r construction and
equipm ent o f about $1,800,000 cash. It connects the old Chesapeake
& Onio line w ith its Cincinnati division, and also reaches coal o f ex ­
ceptional quality and nearer to Cincinnati than any other coal on the
Chesapeake & Ohio system The grades o f the Ohio & Big Sandy are
in fa vor o f such traffic, and it is thought that this business can be de­
veloped w ith advantage to the Chesapeake & Ohio.
1,500 shares o f the capital stock and $110,000 bonds (being all the
stock and bonds) o f the K entucky & South A tlantic Railroad Company,
a narrow-gauge line extending from M ount Sterling, K y.. to near
Frenchburg, K y., a distance o f about 19 m iles
$249,574 equipm ent notes (secured b y 6 engines and 345 cars), and
various other obligations o f the Elizabethtow n Lexington & Big Sandy
Railroad, a standard gauge railway, extending from a connection with
the Chesapeake & Ohio Railw ay Company near Catlettsburg, K y., to
L exington, K y., about 130 m iles, o f w hich 21 m iles are leased.

The mortgage has a first lien by way of collateral trust on
all the stocks, bonds, equipment notes and other obligations
above described, all of which have been delivered to the
Trustee, as provided in the mortgage. Purchase of same has
been made by $2,046,000 of the new bonds.
The Chesapeake & Ohio Railway Company has further ar­
ranged to acquire (in exchange for an agreed amount of its
own stock) nearly all the stock of the Elizabethtown Lexing­
ton & Big Sandy Railroad Company. Some of the Elizabeth­
town Lexington & Big Sandy first mortgage bondholders
have refused to accept the terms of exchange, but the Chesa­
peake & Ohio Railway Company expects, in due course, to
bring about a reorganization of the Elizabethtown Lexington
& Big Sandy property, as fully provided in the Chesapeake &
Ohio mortgage, and to subject all its interests therein to the
lien of its said mortgage.
In addition to the above $2,046,000 bonds there have already
been sold $4,000,000 bonds, and on account of such sale there
have been issued—
$1,500,000 bonds for the general purposes of the com pany.
$2 ,000,000 bonds, o f w hich the proceeds have been set aside fo r the
acquisition o f new property and new construction, as provided in the
m ortgage.

It is further proposed to use, as already stated—
$12,667,000 bonds fo r the conversion o f the V otin g Trustees’ Certif­
icates fo r shares o f the preferred Stocks o f the com pany at the rate
............................
of—
2
$ 6 6 23 bonds and $3 313 com m on stock fo r each share o f first p ref­
erence stock ; $3 3 13 bonds and $8623 com m on stock for each share
o f second preference stock.

The Chesapeake & Ohio preference stocks are being rapidly
exchanged for the new 4 % per cent bonds at the office of
Messrs. Drexel, Morgan & Co., over half of them having
been converted in the week since the work o f exchange began.
450,998
Cincinnati Hamilton & Payton.—Notice is given that a
28,400 meeting of the stockholders will be held in Cincinnati on May
175Ì174
. 24,241 9, 1892, for the purpose of voting upon the subject of increas­
150,641 ing the capital stock of the compahv by the addition of forty
thousand shares of common stock of the par value of
5,737
one hundred dollars per share ; said stock to be increased
384,193 for the purpose of constructing a second additional track, e x ­
66,805 tending its line or constructing branches thereof, increasing
/

A

p r il

18, 1892.]

THE

CH RO N ICLE.

its machinery, rolling stock, depots, and for the purpose of
paying off any unfunded or floating debt, or for either or all
the purposes aforesaid. Also for the purpose o f voting on the
subject of authorizing the issue of three million dollars,
par value, of 5 per cent general; mortgage gold bonds,
maturing June 1, 1942, and the execution of a mortgage upon
the personal and real property of the company to secure the
same, and for the transaction of such other business as may
lawfully come before the said meeting. The transfer books of
the common stock will be closed April 28,1892, and re-opened
May 10, 1892.
Delaware & Hudson.—There are reports of a contest at the
coming election, some of the parties connected with the man­
agement desiring to have a larger representation of Vander­
bilt interests in the Board. The precise facts have not been
ascertained, but President Olyphant, o f the Delaware &
Hudson, issued the following circular to stockholders :
To the Stockholders o f the Delaware & Hudson Canal Com pany:
In handing you herewith the usual form o f p ro x y to be used at the
election o f managers, to be held May 40, 1892, the m anagers desire to
inform you that j our stock will be voted fo r a board o f m anagers who
w ill guaraotee in the future, as in the past, an independent adm inis­
tration o f the com pany’s interests, and prevent its great p rop erty from
bein g subordinated to any other corporation.
B y order o f the Board o f Managers o f the Delaware & Hudson
Canal Company.
R . M. Olyphant , President.

The request for proxies is signed by Legrand B. Cannon, W.
H. Tillinghast, B. H. Bristow and John A. Stuart.
Evansville & Richmond.—The Secretary gives notice that
owing to an error in regard to the name of terminals, as printed
in the divisional mortgage bonds of the Evansville & Rich­
mond Railroad, of which $600,000 have been sold, it has been
deemed for the best interest of these bondholders to call iD
these $600,000 of bonds, to exchange them for the new first
general mortgage bonds now being’ sold by Messrs. Harvey
Fisk & Sons. These bonds are issued at the same rate per mile,
and will be exchanged for divisional bonds, dollar for dollar,
by the Farmers’ Loan & Trust Company, on presentation.
—Messrs. Harvey Fisk & Sons, No. 28 Nassau street, are
offering the first general mortgage 5 per cent gold bonds of
this company, due 1931, with the guaranty (by endorsement
on each bond) of the Evansville & Terre Haute Railroad
Company, and have just advanced the price. The
surplus net income of this road above gallj fixed charges
they estimate for the fiscal year ending June 30 1892 as $450,000, against $341,417 in 1890-91, $291,979 in 1889-90, and $372,031 in 1888-89 Dividends paid amount to $180,000 the cur­
rent year, against $165,000 last year and $150,000 in 1889-90.
Indianapolis Decatur & Western.—Engraved certificates
listed by the New York Stock Exchange may now be obtained
from the Metropolitan Trust Co. Bondholders may deposit
their securities under the plan up to April 30, after which a
penalty of 6 per cent will be imposed.
Monterey & Mexican Gulf.—A Mexican banking firm hold­
ing claims to the amount of $20,485 against this company
have sought to enforce payment through the courts in this
city, and on their application Judge Truax appointed a re­
ceiver. As the property is all in Mexico the company is not
much disturbed by this action. Mr. V. A. Wilder, the Treas­
urer, said that the road was only completed last month and it
is now doing a business of $100,000 a month. The money thus
far raised has been used in paying for the equipment and con­
struction of the road. The floating debt of $360,000 will soon
be paid. Within a month a loan of $2,500,000 has been floated
in Brussels and as soon as the money reaches here the debts
will be paid.

New York Stock Exchange—New Securities Listed.—The

following were listed this week:

B altim o re & Ohio R ailro ad .—$ 2,500,000 com m on stock.

HF ulton E levated R ailw ay .—$ -5 8 ,0 0 0 first mort. 5 per cent bonds.
National Starch Man. C o.—$500,000 first m ort. 6 per cent bonds.

i

Chicago B url . & Q uincy RR. - $500,000 consol. 7 per cent bond«.
E ast T ennessee V irginia & G eorgia R ail w ay .—Central Trust Com­
pany certificates o f deposit o f first preferred, second preferred and
oom m on stock, consolidated 5 per cent gold bonds o f 1956 and equip­
m ent and im provem ent 5 per cent gold bonds o f 1938.
Green B av Winona & St. P aul R ailroid .— Farmers’ Loan &
Trust Company certificates o f deposit o f oom mon and preferred stock
and first m ortgage and second m ortgage incom e bonds
L ouisville & Nashville R ailroad .—$500,000 additional Winfield
fifty-year 4 per cent gold bonds.
E quitable G as L ight Co m pany op N e w Y o r k .—$ 1,600,000 first
consolidated 5 per cent gold bonds, being part o f an issue o f $4,000,000.
Colorado Co al & I ron D e v . Co .—$700,000 first m ort. 5 p er cent
gold bonds.
Chesapeake & Ohio R ailway .—$11,091,000 general m ortgage 4*2
per cent gold bonds, issued under the refunding plan.
T he Security corporation .—$4,210,000 consolidated first mort.
6 per ct. gold bonds. [The application in full is given on another page.]

Ohio Southern.—Mr. W . Sully states that nothing has been
done towards extending this road, and the present manage­
ment does not contemplate any extensions. The surplus in
its balance sheet at the close of 1891 was $500,062, and the
statement for several years has been as follows:
1889.
Gross earnings................................. — 4525,657
O perating expenses and t a x e s .... . . . 307,836

1890.
$554,390
292,509

1891.
$590,242
284,562

Net earnin gs.............................. ...$ 2 1 7 ,8 2 1
F ixed oharges.................................. . . . 142,800

$261,881
226,800

$305,680
246,207

Surplus........................................

$59,473
$35,081
C h r o n i c l e of last week
Dec. 1 to March 1 , three

Oregon Improvement Co.—In the

the earnings of this company from
months, were given in the table of net earnings as from July
1 to March 1, and the statement is corrected and reprinted
this week that no reader of the C h r o n i c l e may be misled by




643

it. The error was rather palpable, however, to any person
following the company’s earnings, and particularly as the last
previous statement was reported in the C h r o n i c l e o f March
12, and again on the 19th.
The following is the official statement of earnings by months:
D ecem ber, 1891,
January, 18*2...
February, 1892..

Gross.
$297,838
295,778
256,107

T ota l........................................................................ $849,723

Net.
$4 0,28 2
54.72T
30,011
$125,021

The above statement shows a slight decrease, as compared
with the corresponding three months of 1890-91, but a con­
siderable increase compared with figures of 1889-90. The fall­
ing off in the net earnings for February was occasioned by a
glut of foreign coal in San Francisco, which restricted the
output from the company’s mines near Seattle, and also bv
unusual repairs on the steam collier “ Willamette.”
Philadelphia & Reading.-— In the Arnot case full an­
swers have been filed by the Reading and other companies.
The defense to the suit of the Attorney General of Pennsyl­
vania will probably be nearly the same. The answer is'in
substance—
First—That the lease of the Jersey Central by thePort Reading is an affair of two corporations outside the State
in neither of which is the Reading a stockholder.
Second—That the Reading and Lehigh Valley are not paral­
lel and competing lines within the meaning of the Constitution..
Third—That the charters of the two last-named companies
antedate the new Constitution and give them the leasingpower.
Fourth—That the Legislature has failed to carry into effect
by proper legislation the restrictions against parallel roads;
combining.
Richmond & West P oin t Terminal.—The deposit of securi­
ties with the Central Trust Company was very heavy during the
few days preceding the 14th inst., and many of the large
holders were among those depositing.
The Reorganization Committee applied to the Stock Ex­
change Governors to list the Central Trust Company’s receipts,
for the first and second preferred stock, the common stock the.
five per ¡cent consol, gold bonds, and the improvement and
equipment five per cent bonds of the East Tenn. Va. & Ga.
Railroad Company. The Richmond Terminal Company owns
the following East Tennessee securities: $3,783,209 first pre­
ferred stock, $6,536,000 second preferred stock and $5,800,000
common stock.
The T im es says: “ The presence in the citv o f H. M,
Comer, President of the Georgia Central Railroad,“gave rise ta
the report that negotiations were in progress looking to the
exchange of the 40,000 shares of the Georgia Central stock
held by the Richmond Terminal Company for $7,500,000 of the
terminal five per cent bonds held by the railroad company.
Such a proposition has been under discussion, it is true, but
nothing has yet been accomplished.”
The reorganization plan prepared by the Olcott Committee
has been indorsed by a majority interest of the common and
preferred stock and the 5 per cent collateral trust bonds. The
time originally set for the deposit of securities under thé plan
expired on Thursday the 14th, and at the close of business that
day Secretary Ellis, of the reorganization committee made
the following statement:
Of the common stock, out of $70,000,000, $47,200,000 have
been deposited; of the preferred stock, $3,000,000 out o f
$5,000,000; of the 6 per cent collateral trust bonds, $1,300000 out of $5,500,000; of the 5 per cent collateral trust bonds.
$7,020,000 out of $10,679,000; making a total of $58,520,000 se­
curities out of $91,179,000.
The deposits of East Tennessee Virginia & Georgia stock,
added to the Terminal Company’s holdings, have been suffi­
cient to give the control of a majority.
It is also stated that large amounts of the underlying secu­
rities have been deposited under the terms of the plan, though
no figures have been given out.
The committee decided to extend the time for the deposit o f
securities until next Tuesday, the 19th, at 3 P. M., without
penalty.
‘ The right of subscription to the cash fund offered under
the plan to the depositaries .of stock and 5 per cent bonds
will b eextended to such date as may be advertised by the
committee after April 19, 1892.
The Security Corporation—National Cordage Co.—The
Security Corporation, organized under the laws of the State
of New Jersey, with full powers, has purchased a number of
cordage and binder twine plants, mills and propertv, and ha»
leased the same to the National Cordage Company for a terni
of twenty years from November first, 1891.
It has issued in payment for said properties $6,000,000 of 6
per cent first mortgage consolidated gold bonds due Nov. 1,
1911. secured by a mortgage or deed of trust to the Manhat­
tan Trust Company, as trustee, covering the properties and all
the benefits derived from the lease of the same to the National
Cordage Company.
These bonds have been listed this week on the New Y o rk
Stock Exchange, and on a following page is given the applica­
tion, which describes the several properties acquired,‘ provi­
sions of the lease, and other facts of importance. Of the au­
thorized issue of $6 ,000,000 there are reserved $1,790,000 to.
provide for prior lions; the remainder, $4 ,210 ,000 , is the*
amount listed on the Stock Exchange.
t y F or oth er Investm ent News see P a re 6 4 8 .

THE

644

WzpMte

aM

[701., L1Y.

C H K O N IC L E .

B vtu m zu ts.

CHESAPEAKE & O HIO R AILW AY.
ABSTRACT OF GENERAL MORTGAGE DUE MAR. 1, 1992.
D A T E AND PA RT IE S,

This bon d at the option o f the holder m ay be converted into a regis­
tered bond, secured b y the term s o f the m ortgage hereinbefore recited
and issued as therein provided in sums o f one thousand and ten thou­
sand dollars respectively. This bond shall not becom e obligatory until
authenticated b y the Certificate o f the Central Trust Company o f New
Y ork. Trustee as aforesaid, p rop erly executed.
I n Witness Whereof, The Chesapeake & Ohio R ailw ay Company has
caused its corporate seal to -be hereto affixed and the same to be a t­
tested by the signatures o f its President or one o f its Yiee-Presidents,
and its Secretary, or A ssistant Secretary, and the signature o f its
Treasurer to be engraved on coupons hereto annexed, on the tw en tythird day o f February, 1892.
President.
Secretary.

T h e indenture is made the 23d day of February, 1892,
between the Chesapeake & Ohio Railway Company,
a corporation created under the laws of the States o
Virginia and West Virginia, of the first part, and the Central
Trust Company of New York, and Henry T. Wickham, of
Hanover County, Virginia, Trustees, parties of the second
part.

On the first day o f
The Chesapeake & Ohio R ailw ay
Company w ill pay to bearer tw enty-tw o andi fifty one-hundredths d o l­
lars in gold coin at its agen cy in the city o f New York, being six
m onths, Interest on its G eneral M ortgage fou r and one-half per cent
G old B on d o f 1892, No.

R E C ITA L.

[T rustee’ s Certificate .]

[Coupon. 1

The indenture recites in detail the creation of each of the
The Central Trust Company o f New Y ork hereby certifies that this is
liens prior to this General Mortgage, including the Alleghany one o f a series o f bonds issued under the term s o f a m ortgage o f The
Car Trust, all of these liens being referred to more particularly Chesapeake & Ohio R ailw ay Company, bearing even date therewith,
and therein m ore particularly referred to
hereafter.
.Central T rust Company of New Y ork , T rustee ,
TH E MORTGAGE AND IN CREASE OF STOCK AUTHORIZED.

A t a meeting of the stockholders of the company, duly
called and held on the 23d day of February, 1892, at the office
of the company in Richmond^ Virginia, it was resolved by
the affirmative vote of over two-thirds in amount of the first
■preference stock and over two-thirds in amount of the second
preference stock and over two-thirds in amount of the com­
mon stock that the act of the General Assembly of the btate
of Virginia, entitled u An act to authorize the issue 9* addi­
tional bonds and stock by the Chesapeake & Ohio Railway
Company and defining the purposes to which they may be
applied,” approved the 22d day of December, 1891, be and t e
same is hereby accepted by the stockholders of the Company.
That the act of the General Assembly of the State of Virginia,
entitled “ An act to authorize the Chesapeake & Ohio Railway
Company to construct and acquire branches or extensions,
and to issue its mortgage bonds thereon, or to hold stock in
and guarantee the bonds of corporations owning such branches
or extensions,” approved the 22d day of December, 1891, be,
and the same is hereby accepted by the stockholders of the
company. That the board of directors are hereby authorized
to create a new mortgage to secure an issue of bonds to the
amount of seventy million dollars, to be issued as more tully
set forth below, and additional bonds to be issued from time
to time at a rate not exceeding an average of $25,000 a mile,
for the purpose of double-tracking the lines o f the company,
said bonds to become due on March 1st, 1992, and to bear
interest at the rate of 4 ^ per cent per annum, both principal
and interest payable in gold coin of the United States of the
present standard of weight and fineness.
It was further resolved that the common capital stock ot
the company be increased by an issue not exceeding fifteen
million dollars, and that the board of directors be authorized
to dispose and make use of the said capital stock f or the adiustment of the affairs of the company, and especially for the
exchange or conversion of the present outstanding first and
second preference capital stock of the company, or suy
of its bonded indebtedness, or any obligations guaranteed by
it.

By

Vice-President.

R E G ISTE R E D BONDS.

The registered bonds are issued in denominations of $1,000
and $10 ,000 , and are in form similar to the coupon bonds ,with
the usual provision for transfer on the books,
TH E $70,000,000 BONDS, HOW TO B E USED.

The $70,000,000 bonds above provided for shall be disposed
of as fo llo w s:
$1,500,000 to be issued and certified n ow fo r the purposes o f the cor$^ 2°6 9l!ooo to be reserved and issued hereafter, from tim e to tim e, to
retire the follow in g p rior H ens:—
Bonds issued, or to be issued, secured b y the m ortgage o f
January 1st, 1889, to the Central Trust Company o f
New Y ork, including various prior lien bondB to be retired w ith bonds under this m ortg a g e.................................. $3 0,000,000
Bonds n ow outstanding secured b y m ortgage liens on
96 ,200
property at M anchester, Y a ............................. - ............
Bonds n ow outstanding secured b y the m ortgage o f the
170.000
New R iv er Bridge Company aforesaid............
Bonds now outstanding secured b y m ortgage o f May 29th,
1890, to the Central Trust Company o f N ew Y ork, and
650.000
D ecatur A x te ll........................- - -------- ------------ -- --------- - - - •
Bonds now outstanding secured b y m ortgage o f N ovem ber
400.000
10th, 1890, to the Central Trust Company o f New Yorik.
Equipm ent notes and lease warrants now outstandffig,
1,375,000
also Alleghany Car Trust certificates n ow outstanding..
$32,691,200
*12 667,000 bonds to be reserved and issued hereafter from tim e to
time, as the board o f directors m ay direct, fo r the purpose o f ex ­
changing same fo r shares o f the first p referen ce stock and shares o f
the second preference stock o f the com pany, or certificates o f beneiicial interest therein, on such term s a»s the hoard o f directors m ay

$2*3*142lo()0 bonds to be reserved and issued hereafter from time to
tim e, upon resolutions o f the board o f directors fo r the acquisition or
construction o f branch lines or extensions, within or w ithout the
States o f Virginia and W est V irginia, or fo r the acquisition o f an in­
terest in the stocks or bonds or other obligations o f or p roperty used
b v com panies ow ning such branch lines or extensions, including
Bteamship lines, or fo r the purchase o f rolling stock, or fo r new con­
struction (other than second track), betterm ents, or the purchase o f
additional property upon, along or appurtenant to the lines n ow or
hereafter ow ned or controlled b y the com pany. These bonds can be
issued only to a total o f n ot over $2,000,000 m any one calendar
[FO R M OF COUPON BOND.]
vear, except that $6,000,000 bonds m ay be used, at any tim e or
times, fo r the acquisition o f stocks, bonds, or other obligations of, or
$1000
Ho.
$1000
o f property used, by the Elizabethtow n L exin gton & Big Sandy R ail­
U nited States of A merica .
road Company and the Ohio & B ig Sandy R ailroad Company and
Kentucky & South A tlantic R ailroad Company, or either o f them ,
T he Chesapeake & Ohio R ailw ay Company.
upon such term s as m ay be agreed up on from tim e to time betw een
any or all o f the respective holders thereof and the Chesapeake &
General Mortgage 4 ^ % Gold Bond o f 1892
Ohio R ailway Company.
The Chesapeake & Ohio R ailw ay Company, a corporation existing
A D D IT IO N A L BONDS FOR DOUBLE T R AC K .
un der the laws o f the State o f Virginia and W est Virginia, aeknowlitself to be indebted unto the bearer, fo r value received, in the
A dditional bonds (beyond the $70,000,000) m ay be issued fo r the
sum o f one thousand dollars, in gold coin o f the C oited States, o f the num ose o f double-tracking the lines o f the com pany at a rate not ex ­
■»resent standard o f w eight and fineness, w hich sum the Railway Com- ceeding an average o f tw enty-five thousand dollars p er m ile to be
nanv nromises to pay to the bearer, in like gold coin, on M arch 1,19 9 2 , issued hereafter from tim e to tim e w hen and as the same m ay be rea U t s a -e n c y in the c ity o f New Y ork, with interest thereon fro n the auired fo r the above-m entioned purpose, the terms, conditions and
first dav o f M arch, 1892, at the rate o f four and one-half per cent per nrovisions upon which, and subject to which, they are to be created,
annum Jpavable semi-annually in like gold com , at the said agency on certified b y the Trustee and issued, bein g specifically set out and pro­
the first days o f March and September, in each year, on the surrender vided in the m ortgage. The* issue o f such bonds for double-track is
the annexed coupons as they severally m ature, and w ithout deduc­
tion from eiiher principal or interest o f any taxes w h ich the R ailw ay lim ited to $1,500,000 per year.
rnm nanv mav be required to pay or to retam therefrom b y any present
P R O P E R T Y COVERED B Y THE M ORTGAGE.
or f ^ u r e luw^of e tth e ro f the said States or o f the United States, the
K ailw ay Company hereby agreeingto pay all such taxes. This k o B d is
The indenture conveys to the Trustees all the property, to
one o f an issue o f bonds secured b y and subject |to the terms and con- hold as joint tenants and not tenants in common, and the de
riititvns o f a m ortgage to w hich reference is hereby made* bearing date
the tw \n ty-S ?rd d^ y o f February, A. D. 1892, executed b y the Railw ay scription is condensed as follows :
Com pany to the Central Trust Company o f N ew Y ork and H enry T.
(1)
The entire railroad o f the Chesapeake & Ohio R ailw ay Com
’W ickham, as Trustees fo r the holders o f said bonds, b y the term s o f »a n v exten din g and now in operation from a point on the Join®8
w h ich m ortgage an issue o f bonds to the am ount o f seventy m illion Stiver below R ichm ond, in the State o f V irginia, to a p oint on the Ohio
dollars is authorized, with the right to issue additional bonds over and R iver, in the State o f W est Virginia, and thence to a
o f connec­
ab ove said $ 70 ,000,000, at a rate not exceeding an average o f twenty- tion w ith the E lizabethtow n Lexington & B ig Sandy R ailroad on the
fiv e thousand dollars a m ile fo r the purpose o f double-tracking the west bank o f the B ig Sandy R iver, in the State o f K entucky, together
lines o f the com pany upon terms in said m ortgage particularly set with all that certain extension, being the railroad com m encing at a
forth This bon d is payable without relief from any extension, stay or point upon the main line o f the Chesapeake & Ohio R ailw ay Com pany
'ft»»raisem ent law s n ow existing or that m ay be hereafter enacted; and St or near R ichm ond, in the State o f Virginia, and runnm g dow n the
agreed betw een the said com pany and the holders hereof that no Peninsula to N ew port News, in the State o f V irgim a, and thence to Old
liability hereon shall be enforced against any officer, director or stock- Point Com fort, in said State; and also its H aw k s N est branch» ®*tendboid er o f said com pany, or against the estate o f any such officer, direc
ing from H aw k’ s Nest Station to Anstead, and its Paint Creek Branch,
o r s t o c k h o ld e r ,^ V ir t u e o f any law o f any State whatever, it being extending from Paint Creek southerly about five m iles, w ith all rights,
agreed that such officers, directors and stockholders do not assume easements and appurtenances now held or hereafter acquired, belong­
ing to said prem ises or In any w ay appertaining thereto in clu d in g
“ Id S S « * b o o t , o t t h .B a ilw o ,C o m p ly
herein all leases, contracts and trackage or other rights w h ich the
at its office or agency in the city o f New Y ork, and If so registered it R ailw ay Company n ow holds for the purpose o f reaching the city o
w ill thereafter be transferable only upon the books o f the com pany by W ashington or other points), and also all other extensions, A j i c h e s
the ow ner in person, or b y attorney duly authorized, unless Ike last and other property o f every kind or description ^ k ic h the R ailw ay
p receding transfer shall have been to bearer, and transferability b y Company has constructed, acquired, or m ay hereafter ®°“ B ct o ^
t™
delivery thereby restored, and it shall continue to be susceptible o f apnnire from or bv the use o f the proceeds o f the fou r million six hun­
successive registrations and transfers to bearer at the option o f the dred thousand dollars First Consolidated M ortgage
holders, but such registration shall n ot affect the negotiability o f the reserved under the term s o f said First Consolidated M ortgage fo r
coupons attached hereto.
_____ . j ----- -




A pril 16, 1892.J

THE

CH R O N IC LE.

future needs o f the com pan y, and therein provided to he used fo r the
purchase o f rolling stock, fo r betterm ents, fo r new construction, or the
purchase o f property.
(2) A ll the line o f railw ay form erly o f the R ichm ond & A lleghany
R ailw ay Company extending from the city o f R ichm ond, in the County
o f H enrico, and State o f Virginia, by w ay o f Lynchburg, in the County
o f Campbell, to Buchanan, in the County o f Botetourt, and thence to
C lifton Forge, in the County o f A lle g h a n y ; and all branches and ex­
tensions o f the said railw ay now constructed, includingits North R iver
o r L exin gton Branch, and its Rivanna R iver Branch, and including
also the railroad acquired b y the R ichm ond < A lleghany R ailroad
&
Com pany from the B uchanan & Clifton F orge R ailw ay Company ; and
aH lands, tenements and hereditaments, and all rights, privileges,
franchises and im m unities o f every kind and nature form erly o f the
said R ichm ond & Alleghany R ailw ay Company, including its p roperty
and rights in the city o f Manchester, Va., on the south side o f the Janies
R iver. (But the lien o f this m ortgage on all o f the R ichm ond & A lle­
gheny p roperty is subject to the Chesapeake & Ohio prior m ortgages on
that property dated in 1890 securing ¡£7,000,000 o f bonds, aH bearing
4 per cent after January 1 ,1 8 9 4 , ana m aturing in 1989.)
(3) A ll. the line o f railw ay extending or to exten d from a p oint o f
conn ection w ith the James R iver Division o f the Chesapeake & Ohio
R ailw ay Company at or near Bessemer to N ewcastle, in Craig County,
ah estim ated distance o f tw enty-six miles, m ore or less.
(4) A ll the line o f railw ay extending or to extend from a point of
conn ection w ith the m ain line o f the Chesapeake & Ohio Railw ay Com­
p an y at or near Covington, Va., to H ot Springs, in Bath County, a dis­
tance o f tw enty-four miles, m ore or less.
(5) A ll franchises, rights and privileges, and all bu i’ dings, depots,
stations, warehouses, docks, & c ; also all the locom otives, engines,
cars and other rolling stock, equipm ent, m achinery, instrum ents,
tools, im plem ents and other chattels; and all leaseholds, rights under
leases, or under contracts, covenauts and agreements now held or
hereafter acquired, property, both real and personal, o f every kind and
description, now ow ned or hereafter acquired, fo r use upon or in con­
nection with or fo r the purpose o f the said lines o f railw ay and exten­
sions and branches above described.
. (6) A ll those certain lots or parcels o f land form erly ow ned b y the New
R iv er Bridge Co. and lying in the coun ty o f F ayette, W est V rginia, on
both sides o f said New R iver, on w hich is n ow erected a railroad
b r id g e ; also the said bridge and the tracks, approaches and switches
belonging to the sam e; also all other p roperty o f every description
conveyed b y the N ew R iver Bridge Company to the Chesapeake & Ohio
R ailw ay Company ny deed bearing date the tw enty-fourth day o f Octo­
ber, 1890.
(7) A ll lines o f railway, extensions, branches, stocks, bonds, and
other property o f every kind or description w h ich the R ailw ay Com­
pany m ay hereafter construct or acquire from or b y the use o f the pro­
ceeds o f the $23,142,000 bonds reserved under the term s o f these
presents fo r future needs o f the said Chesapeake & Ohio R ailw ay Com ­
pany, and to be used fo r new acquisitions or construction o f branoa
lines or extensions (subject, how ever, to the right o f the R ailw ay Com­
p any to construct or acquire new lines or stocks or bonds th eieof, and
other property not acquired w ith the proceeds o f said reserved bonds,
and to create m ortgage liens thereon).
(8) A lso, one hundred thousand shares o f $50 each o f the capital
stock o f MayeviUe & Big Sandy Railroad Company and $7,500,000 in
bon ds o f the M aysville & B ig Sandy R ailroad Company, secured b y
m ortgage dated February 1st, 1888, and also fifteen thousand shares
o f $100 each o f the capital stock o f the C ovington & Cincinnati Ele­
vated R ailroad & T ransfer & B ridge Company and $3,500,000 in bonds
o f the Covington & Cincinnati E levated Railroad & Transfer &
Bridge Company, secured b y m ortgage dated the first day o f October,
1887.
WHEN P R IO R LIENS SH A LL B E CANCELED.

Whenever any of the prior bonds above mentioned in this
article are acquired by or for the Railway Company, they
shall not be canceled, but shall be kept as the property of the
Trustees, and shall be stamped with the words “ Not Negotia­
ble, but held in trust for the purpose expressed in the mort­
gage of the Chesapeake & Ohio Railway Company, dated Feb­
ruary 23d, 1892,” and they shall thereupon be deposited with
the said Central Trust Company o f New York, Trustee, to be
held as additional security for the payment of the principal
and interest of the bonds to be issued under this indenture,
until at least ninety-nine per cent of the class of bonds to
which they shall respectively belong shall have been so
acquired and deposited or paid, and thereupon the Trustee
shall cancel and surrender such of said bonds as shall then be
in its possession.
SECURITIES ACQU IRED W ITH PROCEEDS OF BONDS.

The Railway Company covenants that the lines of railway
and property of any company or the stocks, bonds or other
obligations of such company when hereafter acquired by
bonds or the proceeds of the bonds secured by this mortgage,
shall be subject to the lien of this mortgage. And the Railway
Company further covenants that at least a majority in amount
o f the total capital stock of each such company (other than
steamship companies) of which any stock shall be acquired by
the use of bonds secured hereby shall be deposited hereunder
as a first lien thereon, and that all stocks, bonds and. other
obligations so acquired shall be so deposited. And in case
any bonds or other liens be then outstanding on the property
of any such company (other than steamship companies), and
be not deposited hereunder, on in case any bonds or other liens
be outstanding, on any railroads hereafter acquired, the said
Chesapeake & Ohio Railway Company will reserve out of the
$23,142,000 bonds reserved hereunder an amount of such
bonds equal at par to the amount of the bonds or other liens
so outstanding and not deposited hereunder, and the bonds so
reserved shall be used only for the retirement or acquisition
o f at least equal amounts of such bonds or liens.
COUPONS T A X F R E E —COUPONS D E TACH ED NOT A LIEN.

645

which the same originally belonged, except after payment in
full o f the principal of the bonds and all the other coupons
and interest.
PROCEEDINGS IN CASE OF D E FA U LT.

If default shall be made by the Railway Company in the
payment of ^
any interest on the bonds which may at any time
be^outstanding and secured by these presents, or by any of the
prior mortgages of the company hereinbefore recited, and if
such default shall continue for the period of s ix months ; or in
case default shall be made by the company in the payment o f
the principal of any of the bonds as the same shall mature ; or
in case default shall be made by the railway company in the
payment of any tax or assessment lawfully levied, and such
default shall continue for the period of s ix months after writ­
ten notice from the Trustees or from any holder of bonds se­
cured hereby, that such tax or assessment has become due and
payable; or in case the company shall make default in the
due observance and performance of any of its covenants, prom­
ises and agreements herein contained, and either of such de­
faults continues for the period of s ix months after written
notice from the Trustees, or any holder of bonds secured
hereby; then it shall be lawful for said Trustees personally, or
by their agents, to enter into and upon the property, and to
exclude the said Railway Company, its agents and servants
wholly therefrom, and to use and operate, manage and con­
trol said railway for the interests of the holders of the bonds
secured hereby. And the Trustees shall apply the moneys
arising from the operation of the railway, & c., as follows :
In case the principal moneys of the bonds secured hereby
shall not have become due, to the payment of the interest due
on the said bonds outstanding in its order of maturity ratably
to the persons or parties holding the coupons therefor, secured
hereby, without any discrimination or preference between
them ; in case the principal moneys of the said bonds shall
have become due, first, to the payment of interest as afore­
said, and next to the payment of the principal of the bonds,
ratably to the persons or parties holding the same.
P R IN C IP A L M A Y B E D E C L A R E D DUE.

In case default shall be made by the Railway Company in
the payment of any interest on bonds which may at any time
be outstanding, and secured by these presents, and if such de­
fault shall continue for s ix months after maturity, then the
principal of all of said bonds shall thereupon, at the option of
the holders of fifty per cent in amount of said bonds then out­
standing, become and be immediately due and payable. Pro­
vided, however, that if at any time after the principal o f the
said bonds has been so declared due and payable the Railway
Company shall pay all arrears of interest, or said arrears shall
be collected out of the mortgaged property, then the holders
of fifty per cent in amount of the bonds may waive the de­
fault in so far as such default by the action of said fifty per
cent in amount of the bondholders has caused the said bonds
to become due and payable ; but no such action shall extend
to or be taken to affect any subsequent defaults.
TRUSTEES MAY BEIJ*

In case of default by the Railway Company in the payment
of interest or principal of any of these bonds or of the prior
bonds recited in the mortgage, or of any taxes or assessments,
or default in the performance of any of its covenants, and any
such default continues for six months, then and in each such
case of default it shall be lawful for the said Trustees after
entry or without any entry, personally or by their attorneys,
to sell and dispose of all the railway property and premises,,
bonds and stocks, rights, franchises and interests, lands, and
appurtenances at public auction in the city of Richmond, o r
on the premises, or any part thereof, and at such time and
Iupon such terms as may be specified in the notice of sale to be
given as hereinafter provided ; or the Trustees shall upon the
written request of the holders of fifty per cent in amount o f
the bonds then outstanding, and upon proper security and
indemnity, or without such request or security and indemnity
in their own discretion the Trustees may proceed to protect
and enforce the rights of the bondholders under these pres­
ents by suits in equity or at law, in aid of the execution of the
powers herein granted, or for the foreclosure of this mortgage,
or for the enforcement of any other appropriate legal or equit­
able remedy. In the event of any sale, notice of the time and
place, and the terms upon which the same is to be made, shall.
be given by advertisement in one newspaper at that time
published in each of the cities of Richmond and New York,
and in the State of West Virginia, once a week for six suc­
cessive weeks. In case of any sale the whole of said principal
sum shall at once become due and payable if the same shall
not have been previously declared due.
COMPANY W AIV E S

TH E

B E N E FIT

OF

ST A Y

LAWS

In case of any such sale the Railway Company hereby ex ­
pressly waives the benefit of all valuation, stay, appraisement,
or extension laws, and any statutory right to redeem, now ex­
isting, or which may hereafter be in force, in the State or
States wherein the property to be sold under this instrument
or any part therof may at,the time of the sale be situate, or
where the sale may take place.

The'Company covenants to pay the principal and interest of
bonds without deduction of any taxes which by any laws of
the United States or the States of Virginia or West Virginia
may be payable on them, the Company itself paying such taxes.
Upon any purchase or sale of any coupons attached to the
bond?, or any interest on any registered bond, or upon any
loan upon any of said coupons, or interest made on or after
TRUSTEES M A Y AD JO U R N SALE,
the date of maturity of such particular coupons or interest,
such coupons or interest shall'not be deemed to be secured by
The said Trustees may, from time to time, adjourn any sale
this,, indenture unless accompanied by the bond or bonds to to be made under the provisions of this instrument by an-




THE

646

C H R O N IC L E

sale, or for such adjourned sale or sales, and if so adjourning
nouncement made at the time and place appointed for such
such sale may make the same at the time and place to which
he same shall be so adjourned and without further notice
thereof.
W HEN BONDHOLDERS M A Y B R IN G

SUIT.

JT ol. U V ,

sonal, which shall be conveyed in trust to the Trustees,
or in the purchase of bonds hereby secured, which
bonds shall
be
forthwith canceled and
delivered
to the said Trustees; and provided further, that where
in place of such railroad or premises released, the Railway
Company shall have acquired substitutes therefore they shall
be subject to the lien of this mortgage the same as if speci­
fically named herein. The Trustees shall also have full power
to allow the said Railway Company from time to time to dis­
pose of such portion of its machinery, equipments and imple­
ments as may have become unfit for use, provided the same
be replaced by new, which shall be conveyed to the Trustee,
or be otherwise made clearly subject to the operation of these
presents.

No holders of bonds or coupons secured hereby, shall have
the right to institute any suit in equity or in law upon any of
the bonds hereby secured, or for the foreclosure of this inden­
ture or the execution of the trusts thereof, or for the appoint­
ment of a receiver, or for any other remedy, without first
giving notice in writing to the Trustee of the fact that default
has occurred and continued as aforesaid, nor unless the hold­
ers of fifty per cent in amount of the bonds then outstanding
TRUSTEE NOT RESPONSIBLE IN CERTAIN CASES.
shall have made request in writing to the Trustees, and have
The said Trustees shall not be answerable for the default or
afforded them a reasonable opportunity to proceed to exercise
the powers hereinbefore granted, or to institute such action, misconduct of any agent or attorney who may be selected
suit, or proceeding in their own name, and have also offered with reasonable care ; or for anything whatsoever in connec­
to them adequate security and indemnity against the cost, ex­ tion with this trust except misconduct or gross negli­
gence.
penses and liabilities to be incurred therein.
HOLDERS OP A M A JO R IT Y M A Y CONTROL.

CHANGE OP TRUSTEES.

Upon proper indemnity to the Trustees, the holders of a
majority in amount of the bonds then outstanding shall, from
time to time, have the right to direct and control the proceed­
ings for any sale of the premises mortgaged, or for the ap­
pointment of a receiver, or any other proceedings hereunder,
and to instruct the Trustee to continue or discontinue any pro­
ceedings hereunder, or to institute proceedings.
And it is further agreed that at any sale made in pursuance
of the terms of this mortgage the bonds secured hereby and
overdue coupons shall be received in payment of the purchase
money of any property sold as equivalent to so much in
cash.

The said Trustees or any hereafter appointed may resign
and be discharged of the trusts created by these presents by
giving notice in writing to the Railway Company and to the
bondholders by publication, at least twice a week, for six suc­
cessive weeks, in a newspaper published in the cities of Rich­
mond and New York at least thirty days before such resigna­
tion shall take effect, and upon the due execution of the con­
veyance hereinafter required.
And it is further agreed that the Trustees may be removed
at any time by an instrument in writing, under the hands and
seals of a majority in interest of the holders of the bonds then
outstanding, and in case a Trustee should die. or should resign
or be removed, as herein provided, a majority in amount of
holders of the then outstanding bonds shall have the right and
power, by instrument in writing under their hands and seals,
to appoint a new Trustee to fill such vacancy, and until such
appointment be so made by a majority of the bondholders the
board of directors of the Railway Company may appoint a
new Trustee to fill such vacancy for the time being. Should
any vacancy be filled by the company under the foregoing
provision it shall be competent for the circuit judge of the
United States in and for the Fourth Circuit, or tor any other
court of competent jurisdiction, upon the application of a
majority in amount of the bondholders, to annul such appoint­
ment, and to appoint the Trustee nominated by such ma*
jority.
And in case of the resignation or removal of the Central
Trust Company of New York, or of any successor to it, some
other trust company in the City of New York in good standing
shall be appointed (in the manner hereinbefore provided) to
fill the vacancy.

COM PANY M A Y SU RREN D ER P R O P E R T Y TO TRUSTEES
B E FO RE DEFAU LT.

The Company may at any time, when it shall deem it expe­
dient for the better security of the bonds, although there may
not then have occurred any such default as to entitle the said
trustees to enter into possession, surrender and deliver to the
.trustees full possession of the whole, or any part of the said
railway property and other interests hereby conveyed, for any
term, certain or indefinite. The Tiustees upon such surrender
and delivery may, at their option, enter into and upon the
premises, and take possession thereof without prejudice to
their rights at any time subsequently to insist upon and main­
tain such possession.
S A LE OF SECURITIES

OP TH E M A Y SV IL LE

& B IG

SANDY

R A ILR O A D , AN D A L L O TH ER SECU RITIES PLEDGED.

In the event of default being made and continued in the
payment of interest or principal of the bonds issued here­
under, then the Trustees and their successors may sell all the
shares of stock and bonds of the Maysville & Big Sandy Rail­
road Company and Covington & Cincinnati Elevated Rail­
road and Transfer & Bridge Company herein pledged, and
tiny and all other stocks and bonds and other obligations here­
after pledged hereunder, at public sale, at such time and place
as may be fixed for the sale of the mortgaged premises, and
upon like advertisement. But until default is made the Rail­
way Company shall have the right to vote upon ail shares of
stock in the said Maysville & Big Sandy Railroad Company
and the said Bridge Company hereby pledged, and on ail
shares of any other company or companies, hereafter
pledged hereunder, for all purposes not in conflict with the
provisions or purposes of this agreement. And all the said
^amounts of stocks and bonds shall be assigned and delivered
-to the Central Trust Company of New York. Trustee under
this mortgage, but subject always to the prior lien of the said
First Consolidated Mortgage and of the bonds issued and to be
issued thereunder on all the said amounts of the stock and
bonds of the Maysville & Big Sandy Railroad Company and
on 14,790 shares of the stock and all the bonds of said Bridge
'Company, and that the stocks and bonds of other companies
hereafter deposited hereunder shall be assigned and delivered
to the Central Trust Company, Trustee hereunder as aforesaid,
as a first lien thereon.

THE R A IL W A Y COM PANY M AY CHANGE CERTAIN CONTRACTS.

In case it should be deemed expedient on the part of the
Railway Company to make any changes, alterations or substi­
tutions of or for the leases, contracts or trackage rights by which
it now secures the means of reaching Washington, or any
other points, the Board of Directors of the Railway Company
shall have the right to make any such changes, alterations and
substitutions of such leases, contracts or trackage rights, pro­
vision being made at the same time that such modified, altered
or substituted leases, contracts or trackage rights shall become
in the same manner bound by and subject to the terms of this
indenture.
BONDS M UTILATED .

In case any of the bonds issued hereunder shall become
mutilated, it shall be lawful, upon the surrender of such bonds
to the Central Trust Company, or its successor or successors
in the trust, for the Railway Company to issue and the said
Trust Company or its successors to certify, new bonds bearing
the same serial numbers, in lieu, substitution or exchange for
the same.
The indenture is executed as follows :
The Chesapeake & Ohio R ailw ay Company,

W HEN TRUSTEES M A Y R E LE A SE CERTAIN P R O PE R T Y

Article Thirteen says the Trustees shall have full power,
¿in their discretion, and upon the written request of the Rail­
way Company, at any time to release from the lien of this
trust deed any portion or portions of the premises held or
used by said company for the purpose of stations, depots,
Ahops, or other buildings or erections, or other uses not con­
nected with the maintenance and operation of the railway or
any part thereof, or which may have been acquired or held for
the supply of gravel, fuel and other materials which, in the
judgment of the Trustees, shall at the time of such release be
n o longer requisite for use, and likewise any parts of the orig­
inal line of track or roadway, and of the depot grounds, build. ings or accommodations which may have beeen thrown out
■of use, and ceased to form part of the railway at the time of
such release, by reason of straightening or alteration of the line
of the road ; provided always, that the proceeds of any such
sales shall be forthwith invested, with the approval of the
trustees, either in the purchase of other property, real or per-




By
Seal o f
The Chesapeake
& Ohio R ailw ay
Company.

A tte s t:

M. E. INGALLS,
Presidenti.

C. E. Wellfojrd,

Secretary.

The CentralTrust Company o f New Y ork and H enry T. W ickham ,
the Trustees named in the foregoin g indenture o f m ortgage, hereby a c ­
cept the trusts in the said m ortgage declared and provided, and agree
to perform the same.
,
.
Witness the corporate seal o f the Central Trust Com pany o f New
Y ork and the signature and seal o f H enry T. Wickham this tw entythird day o f February, one thousand eight hundred and ninety-two.

Central T rust Company

of

New Y ork ,

By
Seal o f the
Central Trust
Company o f
New York.

G. SHERMAN,
Vice-President.
A ttest :

C. H. P. B abcock ,
Secretary.
H, T. W ICKH AM .

[SEAL]

A pril 16, 18S2.J

THE

C H R O N IC L E

T H E S E C U R IT Y C O R P O R A T IO N .
(P R O P E R T Y ALL LEASED TO N A T IO N A L CORDAGE CO.)

APPLICATION TO NEW YORK STOCK EXCHANGE.
,p. ~
•
•
.
New Y ork , February 10,1892.
nLSecurity Corporation, a corporation duly organized on
4he 23d day of September, 1891, under the laws of the State of
New Jersey, with a cash capital of $350,000, and having its
principal office in the State of New Jersey at No. 802 Broad
Street, Newark, N. J., and its business office at No. 2 Nassau
Street, New York City, hereby makes application for listing
bonds on the New York Stock Exchange as follows:
$6,000,000 Six Per Cent First Mortgage Consolidated Gold
Bonds, issued November 2,1891; matures November 1,1911;
par value of each bond, $1 ,000 ; one issue, and numbered from
1 to 6,000 inclusive. Rate o f interest, six per cent, payable
semi-annuallv on the first days of May and November in each
year at the office of the Manhattan Trust Company, New York.
Privileges of registration at office of said Trust Company’.
Trustee of mortgage, the Manhattan Trust Company, New
York. Sinking Fund payments, the sum of $112,500 on the
first days of May and November in each year. Principal and
interest, as well as Sinking Fund, payable in gold coin.
The bonds are secured by a mortgage or deed of trust to the
Manhattan Trust Company of New York as Trustee, covering
properties purchased from Messrs. L. Waterbury & Co.‘ No­
vember 2, 1891, as per certified copy of contract herewith, and
described as follows:
■

The Boston Cordage Company, South Boston, Mass.
The Standard Cordage Company, South Boston, Mass.

647

November 2 1891, and are subject to the lieu of a certain,
mortgage dated the 1st day of October, 1891, given by said
John C. Furman, Trustee, to the said Field Cordage Company,
to secure the payment of the principal and interest of certain
notes and bonds given by him to the said the Field Cordage
Company, aggregating the sum of $175,000, being a portion of
the purchase price of the premises above described, and pay­
able at intervals during the period of five years from said
date.

The Ohio Cordage Company, Xenia, Ohio.
A certain piece or parcel of land in the city of Xenia, O.
together with all the buildings situate thereon, with the fac­
tories, machinery, tools, patents, patent rights, engines, boilers
and shafting therein, good-will and trade-marks of the said
the Ohio Cordage Company, with the rights, easements, privi­
leges and appurtenances belonging to the said premises or any
part thereof.
The said premises are the same conveyed to the Security
Corporation by John C. Furman, Trustee, by deed dated
November 2, 1891, and are subject to the lien of a certain
mortgage dated October 30. 1891, given by the said John C.
Furman to the said Ohio Cordage Company, to secure the
payment of the principal and interest of certain notes and
bonds given by him to the said the Ohio Cordage Compinv
aggregating the sum of $70,000, being a portion o f the pur­
chase price of the premises above described, and payable at
intervals during the period o f three years from said date.

The Middletown Twine Company, Butler, Ohio.
Certain real estate in the County of Butler, O., together with
all the buildings situate thereon, with the machinery, fac­
tories, engines, boilers and shafting therein, tools, patents,
patent rights, good will and trade marks of the said the Middletown Twine Company, with the rights, easements, privileges
and appurtenances belonging to the said premises, or any part
thereof.
The said premises are the same conveyed to the Security
Corporation by John C. Furman, by deed dated Nov. 2 1891,
and are subject to thg lien o f a certain mortgage dated Oct. 27
1891, given by said John C. Furman to the said the Middletown Twine Company to secure the payment of the principal
and interest of certain notes and bonds given by the said Fur­
man to the said the Middletown Twine Company, aggregat­
ing the sum of $280,000, being a portion of the purchase price
of the premises above described, and payable at intervals dur­
ing a period of five years from said date.

Certain parcels of land in the city of Boston, Mass., to­
gether with all the buildings^ereon, and all the machinery,
fixtures, engines, boilers and shafting therein; and all the real
estate, factories, machinery, tools, patents, patent rights
good-will and trade-marks of the said the Boston Cordage
Company and the Standard Cordage Company, together with
all the rights, easements, privileges and appurtenances be­
longing to the said premises or any part thereof.
The said premises are the same conveyed to the Security
Corporation by John C. Furman by deed, dated November 2 ,
1891, and are subject to a certain deed of trust executed and William Deering & Co., Chicago.
delivered by the B ston Cordage Company to the Old Colony
A certain indenture o f lease dated November 1, 1891, be­
*HfwKn^^PaT j ,-da* -^-uSust 15* 1891, to secure the payment
1
;ed
of $750,000 and interest, in ten equal yearly instalments from tween William Deering & Co. and John C. Furman, Trustee,
date.
wherein and whereby were demised to him certain premises
in the
The Mew Bedford Cordage Company, New Bedford, lying being and situateIllinois, city of Chicago, in the county
of Cook, and State of
together with the cordage and
Mass.
twine factory, plant, building, machinery of said William
Certain tracts of land in the city of New Bedford, Mass, Deering & Co., situated upon the said premises, and which
together with all the buildings thereon, with the machinery are in and by said indenture of lease contracted to be sold and
fixtures, engines, boilers and shafting therein, and all the rea conveyed unto the said lessee and his assigns; and also all the
estate, factories, machinery, tools, patents, patent rights, good good-will, patents and trade-marks of the twine business of
will and trade-marks of the said the New Bedford Cordagi said William Deering & Co. and the distributing powers of
Company, with the rights, easements, privileges and appurte said corporation in selling to retail dealers.
Which, indenture of lease and contract of conveyance were
aances belonging to the said premises or any part thereof.
The said premises are the same conveyed to the Security duly assigned and transferred by the said lessee to the Securi­
Corporation by John C. Furman by deed dated November i ty Corporation by instrument of assignment dated the 2d day
HAfI’ T A arKSUbS
V dQ
o
t0 -he
of a certain mortgage bearini of November, 1891, and is subject to the payment of the sum
¿LoeT^°V 1/ifr
eR
by Jobn & Furman to the saic of $250,000 on or before the expiration of ten years from the
the New Bedford Cordage Company to secure the payment o: 1st day of November, 1891, with interest thereon, payable
the principal and interest of a certain note given by L. Water- semi-annually, and to the performance of each and all the
covenants
agreements in sail lease agreed to be kept and
ifUrL ? A n t0 Khe NeW B-edford Cordage Company for the sun performed andthe lessee therein named and his assigns.
by
of $125,000, being portion of the purchase price of th<
The above properties are leased by the Security Corporation
dat^with
JreSt.eSCribed’ ^
<
payable in one ? ear from saio to the National Cordage Company, a corporation organized
and existing under the laws of the State of New Jersey, for
The Lawrence Rope Works, Brooklyn, N. Y.
the term of twenty years ending November 1, 1911.
The said lease, and all payments thereunder, are assigned by
v A £™r+viU pievil or,Parcel of land in the city of Brooklyn, N.
Ja
J 1 a11 the. buildu
?
mgs situate thereon, with the the Security Corporation to the Manhattan Trust Companv.
?
Sd i l
fix ure«. engines, boilers and shafting therein, Trustee of the bonds.
tb? ,real estate, factories, machinery, tools, patents,
The National Cordage Company, under said lease, pays to
•patent rights, good-will and trade-marks of Charles W the Trustee $180,000, gold, on the 15th day of April and Oc­
Cooper and the Lawrence Rope Works, with the rights, ease­ tober, in each year during the term of twenty years, amount­
ments, privileges and appurtenances belonging to the said ing to $360,000 per annum, the same being the interest on the
premises or any part thereof.
6 6
said six millions of bonds.
The National Cordage Company pays, in addition, to the
W eiIiis^ 3 ar® the same conveyed to the Securitv
?801P and ^ b k -°hf ? ' I ur™an ^ deed dated November 2, Trustee the sum of $112,500, gold, on the 15th day of April and
/
eacb Jear during the term of said lease, amounting
October 2 f i 1 QSbjeCt t0K
the
a certain mortgage dated ^°®nb~r
Conner in6<d891,£ ven by said John
Furman to Charles W. to $225,000 per annum, the same being the sinking fund pay­
a2
ai h l eth e Payment of the principal and interest of ments required to be made under the said mortgage or deed
snrn nfisun
by said Furman to said Cooper for the of trust.
The Security Corporation has no liabilities other than the
o W a r 40’000’ being a P°rtlon of the purchase price of the
vdth^nterest.68’ T * payable on the 31st day of October, 1892, aforesaid $6 ,000,000 of bonds.
The following are Directors of the Security Corporation:
August Belmont, Esq., of Messrs August Belmont & Co.;
The Field Cordage Company, Xenia, Ohio.
Henry W . Cannon, Esq., President Chase National Bank*
land in the city of Xenia, Ohio, together New York; R. J. Cross, Esq., of Messrs. Morton, Bliss & Co.,
with all the buildings situate thereon, with the machinery, New York; T. Jefferson Coolidge, Jr., President Old Colony
r a l U S t e D eS’- boilers and R afting therein, and a ll th e Trust Company, Boston; F. O. French, Esq., President Man­
f e
S
machinery, tools, patents, patent rights, hattan Trust Company, New York; C. A. Griscom, Esq.
n ^
i!-1 l t de' ? iark3 of the said tl?e Field Cordage Com- President International Navigation Company, New YorkfK
P y* , . k. ®- Tights, easements, privileges and appurte- Henry L. Higginson, Esq., of Messrs. Lee, Higginson & Co.’
nances belom^ng to the. said premises or any part thereof.
Boston; E. Q. Keasbey, Esq., of Messrs. A. Q. Keasbey &
Cnrnnr^u
ar?, % same conveyed to the Security bons, Newark,
Mait­
Corporation by John C. Furman, Trustee, by deed dated land, Phelps & N. J.; Thomas Maitland Esq., of Messrs. PresiCo., New York; John J. Mitchell, Esq.,




THE

648

w rr

dent Illinois Trust & Savings Bank, Chicago; E. D. Randolph,
Esq., President Continental National Bank, New York; H. H.
Rogers, Esq., President National Transit Company, New
York; James O. Sheldon, Esq., capitalist, New York; Edwards
Whitaker, Esq., of Messrs. Whitaker & Hodgman, St. Louis,
Mo.; John I. Waterbury, Esq., Vice-President Manhattan
Trust Company, New York.
Officers: President, John I, Waterbury; Vice-President,
James O. Sheldon; Secretary, Clement A. Griscom, Jr.;
Treasurer, Charles H. Smith.
Counsel: John L. Cadwalader, Esq., New York; Hon. A . Q.
Keasbey, Esq., Newark, N. J.
Attorneys: Messrs. Strong & Cadwalader, New York.
Herewith are presented: Certified copy o f appraisement of
the properties purchased by the Security Corporation for the
sum of $6,000,000, which are leased to the National Cordage
Company, and mortgaged, subject to the provisions of said
lease, to the Manhattan Trust Company, as Trustee, to secure
$6 ,000,000 of six per cent bonds, issued for the purchase price
of the properties acquired and mortgaged. Certified eopy of
opinion of Counsel as to the power of the Security Corpora­
tion to purchase manufacturing properties and lease them to
the National Cordage Company, and to mortgage the same,
subject to the provisions of the lease, to secure the issue of
$6,000,000 of bonds. Certified coj>y of opinion of Counsel
that the title to the several properties mortgaged to the Man­
hattan Trust Company, as Trustee, is fully and perfectly
vested in the Security Corporation. Certified copy of con­
tract of purchase with Messrs. L. Waterbury & Co. Six cer­
tified copies of the mortgage and lease and certificate of
Trustee as to record.
Certified copies of the resolutions
authorizing the same. Certificate of Manhattan Trust Com­
pany, acknowledging acceptance of the Trust, and stating
the number and amount of said bonds certified. Certificate
o f Messrs. Strong & Cadwalader and Hon. A. Q. Keasbey, as
to the legality of the issue of said bonds. Sample copy of
bond.
Respectfully submitted,
JAMES O. SHELDON, V i c e -P r e s i d e n t .

.......

S ite © m txraem al jin x e s .
COMMERCIAL

EPITOME.

F r i d a y N i g h t , A p r i l 15, 1892.
To-day is Good Friday, and business on the great Exchanges
is wholly suspended. The weather has been quite wintry in
northern latitudes, and some snow has fallen, but inland nav­
igation has been so far resumed that one hundred grain-laden
vessels left Chicago early in the week. The speculation in
cotton has shown renewed activity, with some further ad
vance in prices. The export movement in breadstuffs has
been curtailed by deficient supplies, and grain has been taken
for Liverpool at a penny a bushel. Destructive overflows o f
local streams have occurred in parts of the South. Besides
damage to property many lives were lost. The religious hoi"
idays have an unfavorable effect upon regular trade, but these
past, better weather may be expected to bring a fair degree of
activity.
Lard on the spot has been rather quiet and prices at the close
show some depression at 5*95<®6c. for prime City, 6,50@6,55c for
prime Western and 6#
673^@ 6*873^0. for refined for the Conti­
nent. The speculation in lard for future delivery was not ac­
tive at any time, but fluctuated to some extent with prices in
the corn market. Yesterday business was dull and the close
slightly easier, after some business at pretty full prices.

N e w Y o r k , A p ril 1 1 ,1 8 9 2 .
S. T. R ussell, E sq.
. . . .
.,
Dear S ir : In order to supply the inform ation desired concerning the
insurance covering the properties ow ned toy the Security Corporation,
an d m ortgaged to this com pany, as Trustee. I toeg to hand you the en­
closed certified copy o f report o f A ppleton Sturgis. Esq., Superinten­
dent, to the President o f the National Cordage Company, in re in­
surance on properties ow ned toy the Security Corporation.
Y ours very truly,
JOHN I. W A T E R B U R Y ,

Y ice-President Manhattan Trust Company.
Copy

T he National Cordage Company , 132 & 134 F ront Street ,
N e w Y ork , A p ril 1 1 ,1 8 9 2 .
J ames M. Waterbury , E sq., President o f the N ational Cordage Com
pany.
Sir: I have the honor to report that the total am ount o f insurance on
the different properties ow ned toy the Security C orporation am ounts at
the present tim e to ¡£3,941,500. This insurance covers on the fo llo w ­
in g risk s: B oston Cordage Company, Standard Cordage Company, New
B ed ford Cordage Company, L aw rence Cordage W orks, M iddletown
Twine Company, Ohio Twine & Cordage Company, Am erican Cord­
age Com pany, Wm. Deering & Company, incorporated.
In addition to the above there is insurance to the exten t o f $909,500 on merchandise contained in these m ills and their respective
Warehouses.
Y ours truly,
(Signed)
APPLETON STURGIS,

Superintendent I nsurance D epartment.

Additional information in regard to the property covered
by the mortgage is filed with the Secretary of the Exchange.
The Committee recommended that $4,210,000 of the abovedescribed $6,000,000 First Consolidated Mortgage Six per Cent
Gold Bonds of 1911, Nos. 1 to 4,210 inclusive, be admitted to
the list, the balance of the issue remaining with the Trust
Company to take up prior liens.
A d o p ted b y the G overn in g C om m ittee A p r il 13,1892.
N. Y. Stock Exchange Clearing House.—The Governing
Committee of the Stock Exchange have approved of a pro­
posed amendment to article 45 of the constitution, providing
for the establishment of a clearing-house upon the lines set
forth in the report of a’ special committee of its members,
consisting of Francis L. Eames and Horace J. Morse. The
amendment will be acted upon by the members of the Ex­
change before the next meeting of the Governing Committee,
and if it meets with the approval of the members the Gov­
ernors will, at that meeting, adopt the necessary rules relative
to the operations of the proposed clearing-house,
Iowa Central.—A statement issued for the eight months,
July 1, 1891, to March 1,1892, shows gross earnings $1,340,734 and net earnings $428,229 ; interest paid and accrued,
$197,200; rentals, $34,040; taxes, $35,428; sundry accounts,
$19,554; balance, net income, $177,129. The net earnings in­
creased $46,542 in the eight months. Checks for the 1 per
cent dividend on preferred stock were mailed with a state­
ment embracing the above points in more detail.
Meriden W aterbury & Connecticut.—Messrs. F. H. Prince
& Co., Boston, have issued a circular to the stockholders of
the Meriden Waterbury & Connecticut River Railroad Comany stating that the owners of the first and second mortgage
onds of the above road have authorized them to offer to
each stockholder of the company the sum of $3 a share for
the stock. This offer is made in order to avoid the necessity
o f foreclosure proceedings usual in such cases, the interest on
the_bonds having been defaulted,




[Vo*.. LIV.

CH R O N IC LE,

D AILY CLOSING PRICES OP LARD FUTURES.

Sat.
May d e liv e r y ............. :..o. 6*53
July delivery....................c. 6-63
August delivery.............. e. 6*71

Mon.
6*?0
661
6 ‘68

Tuet.
6-47
6 58
6-66

Wed.
6 51
6-61
6*69

Thur.
6*50
6-60
6-68

F ri,
-A
§ S'
W'd

The demand for pork has materially subsided, but prices are
pretty well maintained at $9 50@$10 for old mess, $ ll@ $ ll 50
for new mess, $10@$10 50 for extra prime and $12 50@$14 50
for clear. Beef has been quiet; extra mess, $6 50@$7 ; packet,
$8 @ $ 8 50; family, $9 50@$11 50 perbbl.; extra India mess,
$15@ $19 per tierce. Beef hams are quiet at $14@ $14 50 per
bbl. Cut-meats have continued inactive and in some cases
are lower, with sales of pickled bellies, 1 0 @ 1 2 lbs. average, at
5%c. Tallow has been active and closes firm at 4%c. Stearine
is firmer at 7}i@7)£c. in hhds. and tcs. Oleomargarine is
firmer but quiet at 6c. Butter has been unsettled, closing firm
at 18@24c. for creamery. Cheese is weak at 10)^@ll% c. for
State factory, full cream.
Coffee on the spot has been dull and prices are slightly
lower. Rio is quoted at lS % c. for No. 7. Mild grades have
continued dull and quotations are nominal. The speculation
in contracts continues fairly active, and during the early part
of the week prices advanced on decidedly stronger European
advices, which led “ shorts” to cover contracts, but Wednes­
day and yesterday the market declined, under selling by
longs, owing to the dulness of the spot market and a weaker
turn to the European markets. The close was barely steady,
with sellers as follows:
A pril.................12-40o. I J u ly ....................ll-7 0 c . I Oot.....................11*700.
M a y . . . . . . . . . . . 12*15o. A u g .... .. . . . . . ll*7 0 o. I N o v . . . . . . . . . . . ll* 6 5 e .
J u n e .. . . . . . . . . ll*8 0 o. ( S e p t . . . . . . . . . . . ll* 7 0 o . I D e o . . . . . . . . . . . . l l * 6 5 c *

—a decline of 5(310 points for the near-by deliveries, but an
advance of 5@ 15 points for the distant months.
Raw sugars have been in fair demand and steady, closing
at 2% c. for fair refining Muscovado and 3 ^ c. for Centrifugals,
96 degrees test. Refined sugars have been fairly active and
steady. Crushed is quoted at 5@ 5^c. and Granulated at 4 % @
43^ 0 . The boiling grade of molasses has been dull but steady
at llj^ c. for 50-degrees test. A t the tea sale on Wednesday
the offerings were larger and prices were steady, except fo r
Oolong grades, which were lower.
Kentucky tobacco has been quiet, only a limited export de­
mand being reported, but prices are fully supported. Seed
leaf tobacco has shown more activity and the sales for the
week aggregate 1,725 cases, as follows : 500 cases 1890 crop
Wisconsin Havana, 12^@14c.; 175 cases 1891 crop, New Eng­
land Havana, p. t.; 250 cases 1890 crop, Zimmer’s, 12@15c.;
200 cases 1890 crop, State Havana, 13%@25c.; 200 cases 1890
crop, Pennsylvania Havana, 13J^@ 40c.; 150 cases 1890 crop,
Pennsylvania seed, 12^@ 15c., and 150 cases sundries, 6 ^ @
35c.; also 750 bales Havana, 70c. @ $ 1 15, and 225 bales Su­
matra, $2 50@ 3 25.
Of metals, Straits tin is firmer, owing to favorable foreign
advices. The sales on the Metal Exchange were about 200
tons, and the market closed firm at 20*20c. Ingot copper was
dull, and prices show no change, with Lake quoted at ll*95c.
Domestic lead shows some improvement, and closes firm at
4*30c. Pig iron is unchanged; the better prices quoted last
week are maintained.
Refined petroleum is quoted at 6*10c. in bbls.,6'90c. in cases,
and 3;60c. in b u lk ; naphtha, 5c.; crude in bbs., 5*40c., and in
bulk 2*90c.; crude certificates sold to-day at 57@58c., closing
at 57J^c. Spirits turpentine is easier, closing at 36^j@36%c.
Rosins are again firmer at $1 45@$1 50 for strained. W ool is
selling more freely, especially foreign, Hops are a little un­
settled,

A p r il

THE

16, 1892.]
C

O

T T O

N

CH R O N IC LE .

.

F r i d a y , P. M.,
T h e M o v e m e n t o p t h e C r o p , as indicated

April 15, 1892,
by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 63,416 bales,
against 63,958 bales last week and 68,599 bales the previous
week, making the total receipts since the 1st o f Sept., 1891,
6,647,427 bales, against 6,444,042 bales for the same period of
1890-91, showing an increase since Sept. 1,1891, of 203,385 bales.
Receipts at—

Mon.

Sat.

G i l vest o n .........
E l F aso, A c ...
N ew O rle a n s...
M obile................
F lo rid a ..............
S a v a n n a h .........
B runsw ’k, <feo.
C la rie s t o n .......
P o rt R oyal, Ao
W ilm in g t o n ....
W ash’ g ton .A o
N o rfo lk ..............
W est P o in t ...
N ’ w p ’ tN ’ s,Ao.

736

Tues.

521

Wed.

Thurs.

F ri.

620

1,778

1,351

1,716
42

1,493
67
••••..
1,178

......

......

8,303
1
...
523

3,500
335

9,151
376

......

......

......

344

616

155

169
......
561
1,778

B o s t o n ...............
B a ltim o r e .........
Phlladelph’ a,Ac

62
......
279

158
......
695
1,654
.........
483
355
......
255

791
......
751
679
.........
300
315
......
866

978
805
......
410
376

T otals this week

6,756 10,422 15,156

8,758

......

......

......

1,850

1,152

1,302
......
469

......

63

39
230
.........
440
597
......
137

......

......

819

1,122

Total.

232
5,238
97
97
4,310 22,473
157
978
108
108
7,742
1,737
738
738
1,783
160
7
7
1,513
102
..4 ...
766
4,191
816
6,329
436
436
1,193
291
1,536
4,713
4,713
3,341

6.654 14,670

62,416

For comparison we give the following table showing the
week’s total receipts, the total since September 1,1891, and
the stock to-night, compared with last year.
Receipts to
A p ril 15.
G a lv e s to n ...
E l Paso, Ac.
N ew Orleans.
M o b ile..........
F lo r id a .........
S a v a n n a h ...
B runs., Ao.
C h a rle sto n ..
P . R oy a l, A c
W ilm in g ton .
Wash’ tn,Ac
N o r fo lk .........
W est Point.
N w ptN .,A c
N ew Y o r k ...
B o sto n ..........
B a ltim o r e ...
P h il’del’ a, Ao

1891-92.

1890-91.

This Since Sep.
Week. 1 ,1 8 9 1 .
5,238 1,106,190
32,369
97
22,473 2,334,957
978 249,881
24,424
108
7,742 956,998
738 162,407
1,783 446,794
1,491
7
1,513 155,457
2,342
4,191 480,206
6,329 308,946
43,888
436
83,607
1,193
1,536 110,818
76,338
4,713
3,341
70,314

This Since Sep.
Week. 1 ,1 8 9 0 .
9,649
24,536
2,947
8,026
1,984
6,222
22
826
4,940
3,222
987
2,060
3,637
176
2,079

957,344
23,716
1,931,400
277,729
43,183
1,053,630
179,029
469,757
721
184,641
3,744
593,392
325,073
89,520
119,446
97,281
48,729
45,707

Stock.
1892.

1891.

37,503

29,908

250,253
19,885

242,203
28,695

46,484
3,041
40,696

36,407
1,202
26,310

10,513

7,278

31,961
8,593

13,712
4,513
703
151,872
7,800
9,139
9,894

397,390
11,000
35,003
15,972

T o ta ls........ 62,416 6,647,427 71,313 6,444,042 908,294 569,666
N ote .—8,942 bales added as correction o f receip ts at G alveston
sinoe Septem ber 1.

In order that comparison may be made with other years, wf
give below the totals at leading ports for six seasons.
Receipts at—
G alv’ston,A o
N ew Orleans
M obile...........
S a v a n n a h ...
Charl’st’n,Ao
W ilm ’gt’n,A c
N o rfo lk .........
W ’t P oint, Ao
A ll o th e rs. . .
Tot.thisw eek

1892

1891.

5,335
22,473
978
7,742
1,790
1,513
4,191
6,765
11,629
62,416

9,649
24,536
2,947
8,026
6,244
826
4,940
4,209
9,936
71,313

1890.

1889.

1,950
7,924
848
1,550
619
46
1,943
1,856
4,745
20,981

4,391
12,219
710
2,910
878
256
1,560
6,258
9,740
33,922

1888.
1,974
10,295
316
3,081
3,180
57
3,980
2,163
2,934
27,980

1887.
2,230
4,953
164
1,009
139
160
309
534
4,674
14,222

Sinoe Sept. 1 . 6647,427 6444,042 5661,719 5352,723 5190,084 5107.013

The exports for the week ending this evening reach a total
o f 114,777 bales, o f which 61,844 were to Great Britain, 4,020
to France and 48,913 to the rest o f the Continent. Below are
the exports for the week, and since September 1, 1891.
Exports
from—

Week Ending April 15.
From Sept. 1,1891, to Apr. 15,1803.
Exported to—
______
Exported to—
Great
Conti- Total Great
ContiTotal.
Brit’n. France tient. Week. Britain. France nent.

Galveston....
New Orleans. 31,929
Mobile..........
Savannah....
Brunswick ...
Charleston...
Wilmington..
Norfolk.........
West Point..
N’portNws, Ac
New York.
17,813
6,833
Boston.....
6,716
Baltimore.
923
Phlladelp’a,Ao
Total......

61811

Total. 1800-91. 59,691




8,186 8.186
2,616 21,662 58,307
2,800

1,101

2,800

2,808
1,077

2,808
1,077

8,727 28,171
201 7,031
5,152 11,168
923

627,052 76,627 121,161 821,810
811,571 161,185 558,371 1,887,127
37,866
37,886
175,926 30,197 281,611 187,791
98,917 1,819
103,796
160,030 5,550 171,171 839,751
61,671
62,902 111,573
111,311 7,900
31,128 180,639
85,987
12,383
98,370
27,209
21,937 6,272
877,365 28,119 161,611 567,125
218,281
9,571 227,855
83,803 6,929 103,107 193,811
16,775
16,067
708

1,020 18,913 111,777 2,950,822 629,928 1,507,051 6,087,801
1,310' 19,625 77,656 2,883,119 601,567 1,666,305 5,059.321

649

In addition to above exports, our telegrams to-night also
give us the following amounts o f cotton on shipboard, not
cleared, at the ports named. W e add similar figures fo r
New York, which are prepared for our special use by Messrs,
Carey, Yale & Lambert. 24 Beaver Street.
On Shipboard, not cleared—f o r
A p ril 15 at—
New O rlea n s...
G alveston.........
Savannah..........
C h a rleston .. ..
M obile...............
N orfolk..............
New Y o r k .........
Other p o rts ___

Great
Other CoastB ritain. France. Foreign wist.
9,109
3,025
None.
None.
None.
4.500
7.500
12,000

5,265
None.
None.
None.
None.
None.
1,200
None.

18,409
842
2,000
2,000
N one.
3.000
5,350
9.000

Leaving
Stock.

Total.

2,319
2,152
1,100
200
None.
2,200
None.
None.

35,102
6,019
3,100
2,200
None.
9,700
14,050
21,000

215,151
31,484
43,384
38,496
19,885
22,261
383,340
63,122

T otal 1 8 9 2 ...

36,134

6,465

40,601

7,971

91,171

817,123

T otal 1 8 9 1 ...
T otal 1 8 9 0 ...

50,466
20,279

13,506
1,020

23,110
28,564

6,889
4,419

93,971
54,282

475,695
245,408

The speculation in cotton for future delivery at this market
was active at buoyant prices in the course of Saturday and
Monday of this week. The “ b u ll” movement mentioned in
our last continued with much vigor, inducing purchasers to
cover short contracts as well as for the rise. The advance was
favored by a smaller crop movement, destructive floods in the
Eastern Gulf States and more favorable reports from L iver­
pool and Manchester. On Tuesday part of the advance was
lost. There was the natural reaction under selling to realize,
following a pretty smart advance, and operators for the fall
made a severe attack upon the market, believing that there
had been no legitimate basis for the advance. Besides, the
spot market did not show a needed activity. But
those operating
for
higher prices developed nerve
and vigor to which they had long been strangers.
On Wednesday there was a very buoyant opening on a much
stronger report from Liverpool, instead of the decline that had
been expected, and the speculation was quite excited during
the opening hour; but an unsettled feeling was developed and
the close was at some decline from best prices. Yesterday
(Thursday) an early decline was followed by a sharp advance
on a demand to cover contracts. It was understood that one
or two leading operators had covered their short contracts,
Then came renewed weakness, and again a show of strength
in the latest dealings. Cotton on the spot was marked up
3-16c. on Saturday and l-16c. on Monday, and % c . on W ed­
nesday. The demand was not urgent, but offerings were very
small. Yesterday (Thursday) the market was dull a t7 ^ c. for
middling uplands.
The Cotton Exchange adjourned last
evening to Monday morning.
The total sales for forward delivery for the week are 715,700
bales. For immediate delivery the total sales foot up this week
360 bales, including — for export, 360 for consumption,
— for speculation, and — in transit. Of the above — bales
were to arrive. The following are the official quotations for
each day o f the past week—April 9 to April 15.
UPLANDS.

S a t.

Ordinary.............................. $ lb.
Strict O rdinary............................
G ood Ordinary.............................
8trict G ood Ordinary..................
Low M iddling...............................
Strict L ow M iddling...................
M iddling........................................
G ood M iddling.............................
Strict G ood M iddling..............
M iddling P air...............................
F air.................................................

4016

GULP.

S a t.

STAINED.

453

5
51«16 5 7e
6*8
6 3ie
612
6916
63*
61316
61 le 7
74*
7®16
7*2
7»16
8 i 16 8^8
8 716 8*2

4 1° x6

Ordinary...............................$ lb.
Strict O rdinary............................
G ood O rdin ary.............................
Strict G ood O rdin ary..................
Low M iddling...............................
Strict L ow M iddling...................
M iddling........................................
Good M iddling.............................
Strict G ood M iddling..................
M iddling P a ir...............................
F air.................................................

45a
5
5 78

6 78

7%
7°16
75s
7 78
8he
8 i3 16

41 i 6
4 U l6
5»16
6^2

6318

6yie
613le
7
7516
7 916
818
812

T li.

4%
51«
6
65,6
e iiie
615x6
718
7 7xe
711x6
814
8»8

M on T ues W ed

4 is 16 5
5516 53a
6*16 6^4
6*2
6916

S a t.

G ood O rdinary.................... $ lb.
S trict G ood O rdin ary.................
L ow M iddling...............................
M iddling........................................

M on T ues W ed

5
538
61*

*>l°16
7*16
73s
7^16
71616
812
8 7s

518

F r i.

51«

512

6 H 16
71x6
75X6

6 i i 16
71x6
7°16

713x6
81X6
85a
9

713x6
81X6
8=8
9

63a

4 !8
43t
5%
6 916

O
H

85a

512

6Ô
16
6 i° i0
7 316
73s
71116
7 1516
812
8 78

c3

814

T li.

638

712

M on T ues W ed
41«
4%
5%
6 y16

F r i.

43t
51«
6
6 ’ xe
611X6
6l°X6
718
7 7X
6
711x6

712

Th.

414

4 7s
5^
611x6

t»

c3
r3

0

w

F r i.

4H
H oli4 78
53t
day.
611x6

MARKET AND SALES.

The total sales o f cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows at a glance how the market closed on
same days.
SPOT MARKET
CLOSED.
Saturday
M ond ay..
Tuesday..
W ed’d a y .
Thursday
F r id a y ...

Dull at 316 a d v ..
D ull at 1 ,« ad v ..
D u ll ....................
Dull at *8 a d v ...
D u ll ....................

T o ta l...

...... ........ ......

SALES OF SPOT AND TRANSIT.
E x­
p ort.

111'.

Con- Spec- Tran­
sump. u l’ t’n sit. Total.
67
142
78

*73

m i

*78
d a y ..

....

360

—

67
142
78

Sales o f
Futures.

....

83,800
183,700
163.300
162,600
122.300

360

715,700

THE CHRONICLE.

65a
T h e S a l e s a n d P r ic e s o f F u t u r e s
fo llo w in g c o m p r e h e n s iv e t a b le :
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T otal G reat B ritain stock . 1,708,000 1,210,000 1,128,000
3,500
4,000
4,000
Stock at H am burg.....................
151,000 155,000 126,000
Stock at B rem en........................
27,000
10,000
Stock at A m s te r d a m ...............
8,000
300
400
Stock at R otterdam .................
300
5,000
8,000
5,000
Stock at A n tw erp ......................
386,000 237,000 193,000
Stock at H a v re ...........................
9,000
7,000
Stock at M arseilles................
4,000
90,000 120,000
91,000
Stock at B arcelona...................
20,000
11,000
5,000
Stock at G enoa...........................
19,000
18,000
3,000
Stock at T ries te.........................

871,000
2,000
33,000
15,000
500
12,000
120,000
5,000
76,000
13,000
12,000

Total Continental stock s..........

288,300

te
%
HM ®
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t>
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MM OM
tö tö '-’ tö
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570,400

439,300

T otal v isible Bupply........... 4,265,181 3,218,478 2,547,636 2,298,767
Of theabove. thetotais o f A m erican and other d escription s are as follow er
Amer%can—
1,457,000 943,000 858,000 693,000
588,000 445,000 353,000 202,000
American a flo a tfo r E u r o p e ... 373,000 310,000 197,000 245,000
908,294 569,666 299,690 472,829
United States interior stock s.. 347,989 259,773
95,338 107,93&
United States ex p orts to-d ay .
18,098
24,639
20,308
5,500
3,692,381 5
¡,552,078 1,823,336 1
.,726,267

Matt In d ia n , B razil, <£c.Idverpool stock. .................
London s t o c k ..................... .

233,000
18,000
122,800
163,000
36,000

Egypt, B razil, &c., afloat.

251,000
16,000
125,400
241,000
33,000

254,000
16,000
86,300
347,000
21,000

171.00U
7,000
86,500
283,000
25,000.

572,800 666,400 724,300 572,500
3,692,381 2,552,078 1,823,338 1
.,726,267'

5

Ceo 2
DD ■
MQ **
I â®:

710,800

T otal E uropean sto ck s.. .. 2,418,800 1,780,400 1,567,300 1,159,500
163,000 i
241,000 347,000 |
In d iacotton afloat fo r E u rop e. |ÉS
BjM
fi 283,000
Amer, c o tt’n afloatfor E urop e. 373,000 310,000 197,000 245,000
33,000
36,000
21,000
E gypt,B razil,& c.,afltforE ’r ’pe
25,000
908,294 569,666 299,690 472,829
Stock in United States p o r t s ..
Stock in U. 8. interior to w n s.. 347.989 259,773
95,338 107,938
24,639
18,098
20,308
United States ex p orts to-d a y .
5 ,5 00

Q0CDw GO

te
a a ¡5
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1889.
8 6 4 ,0 0 0
7 ,0 0 0

Stoch at L on d on .

o » J do
tO

s.sr.b

1892.
1890.
1891.
1,690,000 1,194,000 1 ,112,000
18,000
16,000
16,000

a re s h o w n b y th e

O ^ odP
S’ a s ®

O CDCDP j
d
H*® SD tt

[ V o t . L1Y ,

Total visible su p p ly ...........4,265,181 3,218,478 2,547,636 2,298,767'
Price Mid. U p l.,L iv e r p o o l....
334d.
4i3lfid.
6>ied.
6d.
PrioeM id. U p l.,N ew Y o r k ....
7*80,
S i°i 60. l l i > 16c.
10i3i6<?.

j® * The imports into Continental ports this week have been
45,000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 1,046,703 bales as compared with the same date»
of 1891, an increase of 1,7.17,545 bales as compared with the
corresponding date of 1890 and an increase of 1,986,414 bales
as compared with 1889.
A t t h e I n t e r i o r T o w n s the movement—that is the receipt»
for the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period o f 1890-91—is set out in detail in the
fo1
'owing statement.
P-55 s e m b r o r r o s z ;JO®
g o z a 2F320.|te
2 -o ^ ® P
2 - — 2 JfO O 8 ® P’r
m
fcrS- ® CD ® o CD
BBS®1
?
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R P'2'10 <
S
p 00 <3 ~ p rc § B ®
P P-p-p b O p <
3
O- 0-C+
k-<; 8
» SP
5 O
e' B -w
• g e rS P g ffg rl H ®> B £ P g £
p S T .1 B o rS"* 3 S i0 Œ
3
n* £ P « p ® •
• $ g P- Q
\JSt HH :
.“ ».CD'
»• er»«»*'
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C‘ O“
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- O m if. moo <1 top 000 <1 a o c H < jc t o t it o a a o
oo't'os'—Q < < O — M O <ioiM oicoa®oocM oto{0>-‘ y atO M <
» D 1 ' !G
-JHOtCOifi-Oltoor. a<QfaOO>-'<Hlf»<IOlf-<Iif‘ MOif-<IOOtOO
O O i - Ü ’ M M t O i O O i H t O -J O O G -ia -lQ O H t -C n O t f .ö i O 'l H M H O O H

I HÍO'.
I^a
HH
O H HM
to<J¡ 'o'if.MQDH H iteHK O to MM to a a t - WH HCCoVtStoli:
wo’ 1 if-© a © o < o > —totcMHt-o<Mo-<jotoGDaHCM©tcacj<
m m ! toaH © M atO M © H t-M aiH o-a© cn<i«<H to© ©<© M G
tftaH

HM

H o w a to ;

w. ^ ^ _ ____________ h ;
cx to * «

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‘ M M M © © ® M ( t e i ! < S O t O < 'i i f - < I to <

10^-01

O-lMMWHCHtO; © atO O © © X tvM © C H © r-© © © lf.H l-‘ H
O-JMMWHCHtO,
©H©MtOC»©G-4' H a o < © o o iff i< iu o io iO !c y i« a a ffit iH

S ci
J?
èS P
T q
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II
S

aa
M-JQCOGHOOGOHOOCXt-'JMQDif.Ü'a©'

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* Includes sales ln Septem ber, 1891, fo r Septem ber, 19,600; Septem "
ber-O ctober, fo r October, 344,200; Septem ber-N ovem ber, fo r N ovem "
ber, 619,000; Septem ber-Deoem ber, fo r D ecem ber, 1,067,300; Septem "
ber-January, fo r January, 3,997,20» > Septem ber-February, fo r Febru"
;
ary, 1,739,800; Septem ber-M arcb, fo r M arch, 3,u22,100.
T h e fo llo w in g e x c h a n g e s h a v e b e e n m a d e d u r in g th e w e e k :
•10 pd. to exoh. 600 July, fo r Aug. •10 pd. to exoh. 1,500 J ’ ne for July.
•10 pd. to exoh. 1,100 M ay for J ’ ne. •19 pd. to exoh. 1,500 M ay fo r J uly.
•20 pd. to exch. 100 June fo r Aug.

T he V isible S u p p l y of C otton to-night, as made up by cable
and telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week’s returns,
and consequently all the European figures are brought down
to Thursday, evening. But to make the totals the complete
figures for to-night (Apr. 15), we add the item of exports from
the Gnited States, including in it the exports of Friday o n lj.




0
0

QD -0 a (D H I - M
© to • - © Sx M cr
to a © © ts os h

a
00
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Ä W to a H U H H © M t O M to M M i t e -J Q Ö H W te 50 00 09*300 OX
a a » ® « ' ® ' 4® ''“ w o > v i(B < t«a p ® p - - a p ® « v ® » p
O
MO XMC H © n ix M©'Ô5a © H H a 00MH a toon00H ©MG
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3» exh A © g o d © a w h © to r- g to to a -

exaex

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© a © © M < i© ©

estocxO'MCxaiH
ite

to

I if. w ite© H UHCOCO
« w com cx
Vi'M'nMlteöo© —M- ite' '©'h io'i-‘"acD- j a m -o g od h to h * -©
D-©<Sc HCXMMG: Ite! Hlte©CXtOMa©tOOHG©M©M<MH
M©aa-5>^Miteto. o - ® aio® Q M G G G ® ocx itea oo> 0 5 0 < i
* Louisville figures “ n e t ” in both years,
t This year’ s figures estimated,
t Last year’ s figures revised.
o w to

O

v
’s O
q

M —I H SX I

The above totals show that the interior stocks have decreased
during the week 20,002 bales, and are to-night 83,206 bales
more than at the same period last year. The receipts at all the
towns have been 9,463 bales less than the same week last
year, and since Sept. 1 they are 157,805 bales more than for the
same time in 1890-91.

A pr il 16, 1892. J

THE

C H R O N IC LE .

651

Q u o t a t i o n s p o r M id d l i n g C o t t o n a t O t h e r M a r k e t s .— flowed its banks, flooding some farm lands in Alabama and
Below we give closing quotations of middling cotton at South­ Mississippi, and at a few points rain has interfered with work.
ern and other principal cotton markets for each day of the week; As a rule, however, planting has made good progress, and in
the lower half o f Texas much cotton has been chopped to a
CLOSING QUOTATIONS FOB MIDDLING COTTON ON—
Week ending
stand.
A p ril 15.
Thurs.
Wednes.
Fri.
Mon.
Tuts.
Satur.
G a lveston , T exa s.—W e have had dry weather all the week.
:
G a lv e sto n ...
613i 6
63
4
6\
638
6»a
Average thermometer 66 , highest 76 and lowest 56.
6i316
J
New Orleans
6*h
6i3ie
6%
6»8
|
6*
M obile...........
658
65s
6^2
6Lj
P a lestin e, T exa s.—There has been no rain all the week. The
6=8
S avan nah. . .
69m
638
6*3
6ia
thermometer has averaged 66 , the highest being 84 and the
6ia@58
!
«3a
6*911*9
C h a rleston ..
63g
630
63«
W ilm ington.
6^
6*4 ^**8
614
614
lowest 48.
c3
N orfolk ........
65s
658
6»8
6ia
6»s
•
H
H u n tsville, T ex a s.—Dry weather has prevailed the past
B oston . . . . . .
7
6%
7
718
O
B a ltim o re ...
6 78
6 78
6 78
65s
6 78
week. The thermometer has averaged 66 , ranging from 48
w
Philadelphia
738
714
7*8
714
714
••
65a
A u g u sta ___
65s
6®if|
to 84.
i
6%
M e m p h is....
6 9ie
689
6918
81116
J
D a lla s, T exa s.—Com has generally been planted, and much
65s
St. L o u is ...
69ie
G\
65s
6 u 16
1
7
7
C in cin n a ti..
7
7
7
has been brought to a stand. Cotton-planting is progressing
J
7
L o u isv ille ...
7
7
7
7
rapidly everywhere in the State, and in the lower half a good
R e c e i p t s F r o m t h e P l a n t a t i o n s . —The following table
indicates the actual movement each week from the plantations. deal has been chopped to a stand. It has been showery on
The figures do not include overland receipts nor Southern one day of the week, the precipitation reaching thirty-two
consumption; they are simply a statement of. the weekly hundredths o f an inch. The thermometer has ranged from 43
movement from the plantations of that part of the crop which to 83, averaging 63.
San A n to n io , T exa s.—W e have had dry weather all of the
finally reaches the market through the outports.
week. Average temperature 71, highest 92 and lowest 50.
D u lin g, T exa s.—The weather has been dry the past week.
St'kat Interior Towns. Rec’pts from PlanVns
Receiptt at the Porte.
Week
Minding—
The thermometer has averaged 70, the highest being 93 and
1880. 1801. 1802. 1890. 1891. 1802. 1890. 1891. 1892.
the lowest 48.
M c h .ll....... 54,"35 87,541 03.396 188,972 373.228 479,393 29,700 64,842 78.722
C olu m bia , T exa s.—There has been no rain all the week.
‘ 18___ 39,547 02,675 02.186 168,977 347,014 453,893 16,562 66,461 66,686 The thermometer has averaged 68 , ranging from 44 to 93.
310,369 426,662 11,061 78,158 37.957
“
25...... 41,005 100,803 65,138 139,973
C u ero, T ex a s.—No rain has fallen the past week. The ther­
April 1 ...... 34,877 04,100 68,569 125,444 298,375 360,414 19,848 73,115 32,381 mometer has ranged from 50 to 92, averaging 71.
4‘
8 ....... 23.570 73,413 63,959 104,787 275,876 367,991 2,913 50.914 41505
B ren h a m , T exa s.—Dry weather has prevailed all the week.
“ 15....... 20.081 71.313 62.416 05.338 259.773 847.989 11532 55.220 42.414
Average thermometer 70, highest 90 and lowest 50.
The above statement shows: 1.—■ hat the total receipts from
T
B elton , T exa s.—W e have had no rain the past week. The
the plantations since September 1,1891, are 6,989,487 bales; is thermometer has averaged 66 , the highest being 88 and the
1890-91 were 6,689,243 bales; in 1889-90 were 5,743,493 bales.
lowest 43.
2.—That, although the receipts at the outports the past week
W ea th erfo rd , T exa s.—Planting of both corn and cotton is
were 62,418 bales, the actual movement from plantations was being actively carried on. W e have had hard but very wel-.
only 42,414 bales, the balance being taken from the stocks at come rain on one day during the week, to the extent of o»e
the interior towns. Last year the receipts from the plantations inch. The thermometer has averaged 65, ranging from 47 to 83.
for the week were 55,220 bales and for 1890 they were
N ew O rlea n s, L o u isia n a .—W e have had rain during the
11,532 bales.
week to the extent of one inch and sixteen hundredths. The
O v e r l a n d M o v e m e n t f o r t h e W e e k a n d s in c e S e p t . 1 .— thermometer has averaged 67.
S h revep ort, L ou isia n a .—It has rained on three days of the
W e give below a statement showing the overland movement
for the week and since September 1. As the returns reach us week,'the precipitation reaching one inch and fifty-six hun­
by telegraph late Friday night it is impossible to enter so dredths. Average thermometer 61, highest 80 and lowest 48.
C olu m bu s, M ississip p i.—We have had rain on three days of
largely into detail as in our regular monthly report, but all
the principal matters of interest are given. This weekly the week, the precipitation reaching eighty-three hundredths
publication is of course supplementary to the more extended of an inch. The thermometer has averaged 57, the highest
monthly statements. The results for the week ending Apr. 15 being 75 and the lowest 39.
L ela n d , M ississip p i.—W e have had rain during the week to
And since Sept. 1 in the last two years are as follows:
the extent of ninety-eight hundredths of an inch. The ther­
1891-92.
1890-91.
mometer has averaged 55-3, ranging from 45 to 76.
A p ril 15.
L ittle B o ck , A rk a n sa s.—The weather the past two weeks
Since .
Since
Week. $ept. 1.
Week. Sept. 1.
has been wet and cold, and farmers are complaining of the
late season and too much rain. It has rained lightly on two
Shipped—
6,031 581.284 t i l , 165 565,055 days o f the past week, the precipitation reaching seventeen
V ia St L ou is............. .
V ia C airo....................
1,818 328,541
3,858 274,071 hundredths of an inch. Average thermometer 53, highest 76,
84,772 lowest 42.
V ia H annibal.............
981 158.378
V ia E vansville...........
186
162
26,546
36,395
H elen a , A rk a n sa s.—There have been light showers on four
V ia Louisville............
3,536 184,873
2,959 191.589
V ia Cincinnati...........
3,289 133,377
1,926 165,624 days of the week, the rainfall reaching ninety-two hundredths
Via other routes, A o.
2,943 14.5,721
917 135,547 of an inch, About the same amount of land will be put in
cotton as last year. Average thermometer 53, highest 75 and
T ota l gross overla n d ..............
18,787 1,563,574 20,987 1,443,204
lowest 42.
D educt shipment»—
M em p h is, T ennessee.—The river is thirty-three feet and fourO verland to N. Y ., B oston, A o.
10,783 341,077
7,952 311,163
B etw een interior t o w n s ...........
313
58,887
987 106,611 tenths on the gauge, or four-tenths of a foot over the danger
In la n d , A c., from South . . . . . . .
1,263
80,134
1,233
87,247 line, and rising. W e had rain on three days of the week, com­
T ota l to be dedu cted............
12,364 480,078 10,222 505,021 pletely stopping farm work, but the weather is now clear. ’
The rainfall reached one inch and thirty-four hundredths. The
L eaving total net overland *..
6,423 1,083.496 10,765 938,183 thermometer has averaged 50, the highest being 74*4 and the
* Includ ing m ovem ent by rail to Canada.
t R evised.
lowest 33*7.
The foregoing shows that the week’s net overland movement
N a sh ville, T ennessee.—It has rained on three days of the
this year has been 6,423 bales, against 10,765 bales for the same week, the precipitation reaching twenty-six hundredths of an
week in 1891, and that for the season to date the aggregate net inch. The thermometer has averaged 52, ranging from 31 to
overland exhibits an increase over a year ago of 150,313 bales. 73.
M obile, A la ba m a .—Planting is progressing finely, except in
1891-92.
1890-91.
some overflowed river sections. There has been rain on three
I n Sight and Spinners'
days the past week, the rainfall reaching eighteen hundredths
Takings.
Since
Since
Week. Sept. 1.
Week. Sept. 1.
of an inch. The thermometer has ranged from 45 to 78, aver­
aging 61.
R eceipts at ports to A pril 15___ _ 62,416 6,647,427 71,313 6,444,042
M on tg om ery, A la b a m a .—The floods are receding very
N et overland to A pril 15..............
6,423 1,088,496 10,765 938,183
Planters are making good
Southern consum ption to A pr. 15 11,000 473,000 10,000 439,000 slowly, but damage is light.
progress. W e have had light rain on three days of the week,
T ota l m arketed......................... 79,839 8,208,923 92,078 7,821,225 the rainfall reaching twenty-three hundredths of an inch.
In terior stocks in ex ce ss............... *20,002 292,060 *16,103 245,203
Average thermometer 63, highest 78 and lowest 47.
Came into sight during w eek. 69,837
S elm a , A la b a m a .—The thermometer has averaged 60, the
75,975
T o ta l in sight A pril 15............
8,066,428 highest being 79 and the lowest 43.
8,500,983
A u b u rn , A la ba m a .—The weather has been chilly and rainy
North’ n spinners tak’gs to Apr. 15
1,771.621
1,877,404
during the week, the precipitation reaching ninety-five
— — --- »
VV AVVVIUUKJ GAUVV U V V V V U Ib V i At W W A
hundredths of an inch. The thermometer has averaged 61*6,
corre ctio n at Galveston.
* Decrease during week.
ranging from 29 to 76.
M a d ison , F lo rid a . —It has rained on one day of the week,
It will be seen by the above that there has come into sight
during the week 59,337 bales, against 75,975 bales for the the rainfall reaching forty-eight hundredths of an inch. The
same week of 1891, and that the increase in amount in sight thermometer has ranged from 40 to 81, averaging 66 .
to-night as compared with last year is 434,555 bales.
C olu m bu s, G eorg ia .—W e have had rain on one day during
the week to the extent of thirty-seven hundredths of an inch.
W e a t h e r R e p o r t s b y T e l e g r a p h . — Reports to us by tele­
Average thermometer 55, highest 69 and lowest 45.
graph this evening indicate that the weather has been fairly
S ava n n a h , G eorg ia .—W e have had rain on three days of
favorable during the week. The Tombigbee River has over­ the week, the rainfall raching twelve hundredths of an inch.




THE

C 52

C H R O N IC L E .

The thermometer has averaged 57, the highest being 74 and
the lowest 42.
A u g u sta , G eorgia .—
-Light frost on Tuesday. Rain has
fallen on two days during the week to the extent of fifty hun­
dredths of an inch. The thermometer has averaged 55, rang­
ing from 36 to 78.
. C h a rleston , S ou th C a rolin a .—Rain has fallen on four days
of the week, the precipitation reaching eight hundredths of
an inch. The thermometer has ranged from 42 to 72, aver­
aging 58.
S ta teb u rg , S ou th C a rolin a .—Frost occurred on two days of
the week, with ice on low grounds, resulting in some damage
to gardens but none to orchards. W e have had rain on two
days, the rainfall reaching one inch and eight hundredths.
Average thermometer 55, highest 76 and lowest 36*5.
W ilso n , JNorth C a rolin a .—There has been rain on two day3
of the week, the precipitation being one inch and fifty hun
dredths. The thermometer has ranged from 32 to 68, aver­
aging 52.
The following statement we have also received by telegraph
showing the height of the rivers at the points named at 8
o’clock April 14, 1892, and April 16, 1891.

fV oL. L TV ,

M a n c h e s t e r M a r k e t . —Our report received by cable to-night
from Manchester states that the market is strong for yarns
and firm for shirtings, in consequence of the stoppage o f
spindles by the lockout. We give the prices for to-day below
and leave chose for previous weeks o f this and last year for
comparison:
1892.
32« Cop.
Twist.
M h .ll
“ 18
“ 25
Apr, 1
.. 8
“ 15

1891.

8*4 lbs.
Shirtings.

d.
d. s. d.
s.
6tie ® 7 i16 5 0Lj® 6
5 i ‘>i6’®7
5 0*3 i 6
51516» 7
41112*6
5 7e o 6 78 4 11 « 6
6
®7
411 ®6
6*8 ©7*8 4 1112*6

d.
5
4*2
4
3
3
4

Oott’n
Mid. 32« Cop.
Twist.
Uplds
d.
d.
g n p 8 73s
3916 7%
358 73a
39ie 73s
35s 73a
3% 73e

d.
® 7%
® 73i
® 7%
® 7%
®73t
®73t

8H lbs.
Shirtings.
s. d.
5 11
511
5 11
5 11
511
511

s. d.
® 6 11
® 6 11
® 6 11
® 6 11
® 6 11
® 611

Cott'n
Mid.
TJpld
d.
41516
41R
18
4 7a
4 7s
4 l8ie
4i3i6

F l o o d s in M i s s i s s i p p i . —W e were without advices from
Columbus, Miss., last Friday, but our correspondent has since
telegraphed us that the Tombigbee River is higher than ever
known before, and that thousands of acres of farm land are
A pr. 14, ’92. Apr. 16, ’ 91. under water. The river, already full, began rising rapidly on
Wednesday morning, April 6, and by Thursday morning all
Feet.
Feet.
N ew O r le a n s ....
15 3
13-8
the low lands were submerged, the river having risen four­
M em phis............
33-8
33-2
teen feet that night. It continued to rise all that day, and
N a s h v ille ...........
15 8
. 28-5
Shreveport.........
14-2
19-3
Friday morning it was seven feet higher than was ever known
V icksburg..........
41-2
47 6
before. There has been great loss o f life and considerable
I n d i a C o t t o n M o v e m e n t f r o m a l l F o r t s . —The receipts destruction of property.
and shipments of cotton at Bombay have been as follows fer
Reports from other points along the river in Alabama an
the week and year, bringing the figures down to April 14.
Mississippi indicate that much land has been overflowed, and
BO M B A Y RECEIPTS AND SHIPMENTS FOR FO UR 1 BARS.
that traffic on the various railroads has been blocked.
Shipment» this week.
Shipment» since Sept '. 1.
Receipt».
S t o p p a g e o f S p i n d l e s i n G r e a t B r i t a i n .— The lockout o f
This
Since
Tear Great Conti­
Great
Conti­
Total.
B rit’n. nent. Total. B ritain nent.
Week. Sept. 1.
cotton spinners declared by the Federation of Master Spinners
*91-2
24.000 24.000 30.000 333.000 363.000 83.000 901.000 nearly two weeks ago began in part April 11, and by Satur­
•90-1 5,000 35.000 40.000 64.000 492.000 556.000 71.000 1,367,00o
»9-90 25.000 16.000 41.000 231.000 646.000 877.000 99.000 1 , 460,00c day it is thought 70,000 operatives will be idle. The cotton
»88-9 17.000 30.000 47.000 245.000 597.000 842.000 73.000 l,2-!8 O' 0 mills in Oldham, Rochdale, Stalybridge, Stockport and other
According to the foregoing Bombay appears to show towns will be subject to the lockout, which is ascribed to
an in crease compared with last year in the week’s receipts of losses in the trade from the fall in silver and from a consider­
12,000 bales and a decrease in the shipments of 16,000 bales, and
the shipments since Sept. 1 show a decrease of 193,000 bales. able decrease in profits on goods exported to India.
The movement at Calcutta, Madras, and other India ports foi
C o m p a r a t iv e Po r t R e c e ip t s a n d D a i l y C r o p M o v e m e n t
the last reported week and since the 1st of September, for twc —
Acomparison of the port movement by weeks is not accurate
years, has been as follows. “ Other ports” cover Ceylon
as the weeks in different years do not end on the same day o f
Tuticorin, Kurrachee and Coconada.
the month. W e have consequently added to our other standing
Shipment» fo r the week.
Shipments since Sept. 1.
cables a daily and monthly statement, that the reader may
Great
Conti­
Great
constantly have before him the data for seeing the exact relative
Total.
Total.
B ritain. nent.
B ritain. Continent.
movement for the years named. The monthly movement8,
C a lc u tta since Sept. 1,1891, and in previous years, have been as folio we.
1891-92...
1,000
5,000
26.000
1,000
21,000
1890-91...
Madras—
1891 92 ..
18 90-91...
A ll others—
1891-92...
1890-91...
T otal all —
18 91-92...
1890-91...

1,000

1,000

2,000

8,000

32,000

40,000

1,000

1,000

17.000
17.000

12,000
14,000

29.000
31.000

Monthly
Receipts.

8,000
1,000
2,u00 . 4,000

4,000
6,000

24.000
23,000

47.000
45,000

71.000
68,000

4,000
3,e o o

5,000
9,000

46,000
48,000

80.000
91,000

126.000
139.000

Sept’ m b’ r 676,823 732,236 561,710 332,017 654,776 3 5 9,20 3
October. 1,532,426 1,365,231 1,325,358 1,133,016 1,213,404 1,034,450
N ovem b’r 1,376,90-t 1,145,416 1,257,520 1,159,063 1,178,436 1,169,979Deoem b’r 1,215,144 1,195,083 1,116,928 1,103,713 963,584 1,1 64,8 86
January
665,162 859,979 700,909 718,091 52 7,57 0 644,681
February
658,855 535,273 410,044 461,201 34 1,27 4 4 0 4 ,2 7 3
M arch. .. 3*6.400 427,702 213,697 330,510 225,042 2 5 8 ,3 3 2

1,000
6,000

Year B eginn ing Septem ber 1.
1891.

1890.

1888.

1889.

1887.

1886.

The above totals for the week show that the movement from
the ports other than Bombay is 4,000 bales less than the same
week last year. For the whole of India, therefore, the total
shipments since September 1, 1891, and for the corresponding r o t a i,.... 6,501,719 6,260,900 5,586,166 5,2 3 7 ,6 1 ! 5,104,086 5,0 35,8 03
Pero’ta g e o f tot. p ort
periods of the two previous years, are as follows:
receipts Moh. 3 1 .

EXPORTS TO EUROPE FROM A L L IN D IA .

1891-92.

1889-90.

1890-91.

Shipments
to all Europe
fr o m —

This
week.

Since
Sept. 1.

This
weeki

Since
Sept. 1.

This
week.

Since
Sept. 1.

B om b ay...........
A ll other ports.

24,000
5,000

363.000
126.000

40,000
9,000

556.000
139.000

41,000
3,000

877.000
176.000

T o ta l.. . . . .

29.000

489.000

49.000

695.000

89-53

94-41

95 06

91-10

94-65

This statement shows that up to March 81 the receip ts at
the ports this year were 240,818 bales more than in lbCf-Ol
and 915,553 bales more than at the same time in 1881-60.
By adding to the totals to March 31 the daily receipts since
that time we shall be able to reach an exact comparison o f
the movement for the different years.

44,000 1.053 000

1891-92.

A l e x a n d r i a R e c e i p t s a n d S h i p m e n t s . —Through

1890-91.

1889-90.

1888-89.

1887-88.

1886-87.

arrange­
ments we have made with Messrs. Davies, Benachi& Co., of To. M b.31 6,501,719 6,260,900 5,536,166 5,237,611 5,104,086 5,035,803
8.
8,038
5,0804,736
10.392
Liverpool and Alexandria, we now receive a weekly cable of Apr. 1 . . . .
9,719
6,254
5,335
5,147
7,721
8.314
13,807
the movements of cotton at Alexandria, Egypt. The following
• 2 ....
*
8,732
8.
6,951
3,863
are the receipts and shipments for the past week and for the
12,673
S.
“
3 ....
4 ,4 9 4
4,271
corresponding week of the previous two years.
6,552
5,107
13,192
7,977
“
4 ....
A lexandria, Egypt,
A p ril 13.

1891-92.

1890-91.

1889-90

30,000
4,637,000

20,000
3.937,000

9,000
3,112.000

This
Since
week. Sept. 1.

This
Since
week. Sept. 1.

This
Since
week. Sept. 1.

4.000 300.000
2.000 184.000

3.000 262,000
8.000 186,000

1,000 244.000
3,000 140.000

T otal E u rop e......... 6,000 434,000 11,000 44S.000
* A oantar is 98 pounds.

4,000 384 000

BecelptB (ca n ta rs* )....
This w e e k ....
Since Sept. 1.

E xports (bales)—
T o L iv e r p o o l. . . . . . . .
T o C ontinent. . ___ __

This statement shows that the receipts for the week, ending
April 13 were 30,000 cantars and the shipments to all Europe
6,000 bales.




“
«
“
“
“
“
“
“
“
“

5 ....
6 ....
7 ....
8 ....
9 ....
1 0 ...
1 1 ...
1 2 ...
1 3 ....
1 4 ....
1 5 ....

19,481
9,219
8,364
10,602
6,756
S.
10,422
15,156
8,758
6,654
*23.612

S.
13,270
16,926
11,003
8,119
10,903
9,622
S.
12,193
16,624
9,393

2,695
S.
6,683
3,387
3,819
2,314
4,672
1,249
8.
7,210
1,415

10,295
7,229
S.
5,516
6,805
3,997
5,155
11,705
4,295
8.
5,126

4,452
5,805
5,018
S.
4,729
5,624
4,570
2,188
6,375
1,728
8.

7,740
3,933:
3,262
4,732
4,188
S.
3,846
4,18 t
2,674
3,386:
3,351

T o t a l. . 16,647,427 6.418,544 5,642,432 5,323,165 5,163,832 5,091,813
'
P ercen tage o f total
95-70
92-17
p ort rec’ pts Apr. 15
95-96
P l-78 I 9 6 0 3
* 8,942 hales added as o c rrection o f

rec< !pts since September 1.

THF.

A pril 16, 1892. J

C H R O N IC LE .

653
a

This sfcatem mt shows chat the receipts since Sept. 1 up to
to-night are now 219,911 bales greater than they were to the
same la y o f the montn in 1891 and 998,093 bales more than
they were to the same day of Che month in 1890. W e add to
the table the percentages o f total port receipts w hich had
been received to April 15 in each o f the years named.
T he E x p o r t s o f C o t t o n from New Y ork this week show a
decrease compared with last week, the total reaching 22,471
bales, against 28,127 bales last week. Below we give our
usual table, showing the exports of cotton from New York,
and the direction, for each of the last four weeks; also the
total exports and direction since Sept. 1, 1891, and in the last
column the total for the same period of the previous year.
■XPOBTSOF COTTON (BA.LBS) FROM NEW YORK SINCE SEPT.
IFeefc E nding—
E xported to—

March A p ril
25
1.

1, 1891.

Total
since
Sept. 1.

A p ril A p ril
S. 1 15.

Same
p eriod
previous
year.

L iverp ool ................... 11,740
646
Other B ritish p o rts..

1.474 13,504 10,910
2,099 2,938 6,433

311.183
66,182

333.325
45.206

T o t . to G t . B r it ’ n . 12,386

3,573 10,442 17,343
i
4 0 11 1,404
1,039
250

377,365

378,531

28,169
230

33,123
402

1,404

28,419

33,525

H a v r e ..........................
Other F rench p o rts..

1,617

T o t a l F rench . . . .

1,617

1,289

B r e m e n ......................
H a m b u rg ....................
Other p o r t s ................

438
700
1,024

2,055
6Ô0
1,699

6 6 3 1 825
1,753
600
5,152 1,427

30,067
46.100
55,454

26,357
40,854
59,568

4,404

401

T o t . to No .E u rope

2,162

7,56 3j 2,852

131,621

126,799

Spain, Ita ly , & c ........
A il o t h e r .....................

100

875
469 1,713
2u0 ' ........ I ..........

28,596
1,424

35,531
409

T o t a l Sp a in , <feo ..

100

669

875

30,020

35,940

9.935 26.127 22,474

567,425

574,795

G r an d T o t a l . . . . 16,265

1,713

T he F o l l o w i n g a r e t h e C r o s s R e c e i p t s o f C o t t o n at
New York, Boston, Philadelphia and Baltimore fo r the patt
w e e k , and since September 1,1891.
N ew VORK.

Beeeipte

This

w
eek.
N. O r le a n s.

BOSTON .

T h is
Since
Since
Sept. 1 . week. Sept. 1 .

6.398
9.043
5,643

362,013
292,763
265,633

F lo r id a ........
S o . C a r o l’ » .
N o .C a r o l’ a.

108
453
56

V i r g i n i a .»
N o r t h n p ts
(Penn., <fco..
F o r e ig n ....

417

6.197
5,116
108,199
30,329
141,970

810

1,193
103

68
83.607
13,531

4.848
2,03 i
436

T e x a s ....»
Savannah.
M o b i l e .....

T h is y e a r

Last

y e a r ..

Ph

i l a d e l p h ’a

B a l t im

ore

.

Since
Thii
T h is
Since
week. Sept. 1 . week. Sept. 1
..S M ...
......

1,860

71,966

175

6,035

3,299

76,614

.......

.• ....

.......

:
46,130
363,649
109,262

8,381
6,223
915

3,583

679
119,819

66,973

1,270

71,625

4,283

23,414 1,309,427

9,975

595,303

1,090

87,622

8,152

263,737

27.83» 1.180.007

15.176

518,051

1,851

64,900

5 .8 t7

223 620

J u t e B u t t s , B a g g i n g , «fee.—The dealings in jute bagging
the'past week have been inconsiderable in quantity, yet of
about the normal volume for the time o f year. Quotations
are 6 ^ c . for 1 % lbs., 7c. for 2 lbs. and 7%c. for 2J¿ lbs.
Nothing of moment has transpired in jute butts, but quotatations are unchanged at 2 % @ 2 % c . for paper grades and
2 % @ 8c. for bagging" quality.
S h i p p i n g N e w s . —The exports o f cotton from the United
States the past week, as per la te st m a il returns, have reacher
101,888 Pales. So far as the Southern ports are concerned, thesi
are the same exports reported by telegraph and published ir
th® C h r o n i c l e last Friday, W ith regard to New York we
i aolude the manifests o f all vessels cleared up to Thursday.
_
Total bale*.
« .s w Y o r k —T o L iverpool, p e r steam ers Connemara, 3 ,4 3 1 ....
Nomadic, 2,326 . . St. Enooh, 2 ,5 7 7 ....8ii-ius, 1 ,6 5 8 ....
W isconsin, 9 1 8 ................................... 10,910
T o H ull, per steamer Colorado. 2.3 0 0 ......................................... 2,3u0
T o London, per steamers Buffalo, 2 ,2 7 8 ....England, 103
...M ic h ig a n . 1,752................. ..................................... .
4,133
1,404
T o H avre, per steam er La Champagne. 1 ,4 0 1 ................... .
T o Bremen, per steamers Lahn, » 9 . . . . Saale, 726 .................
825
T o Hamburg, per steamer Rbaetia, 6 0 0 .......... ........ ..............
600
To Antwerp, per steam r Noordland, 1,4 27.............................
1,427
T o Genoa, per steamer Plata, 875 ................................... . . . .
875
»B W O rleans —T o Liverpool, per steam ers Andean, 2,302 . . .
D iscoverer, 3 ,9 0 0 ....G ra o ia , 7 ,0 JO ...V e sta , 5 ,5 3 0............ 18,732
T o Havre, per steamers Ardangorm , 4,128___ Lassell, 1,400
Paris, 6 .9 54....................... ......................... ...................... .......... 12,482
T o Bremen, per steam er Benwick, 1,050___E ydal Water,
2,863............................................................... ..............................
3 913
To Hamburg, per steamers Baum wall, 4 ,9 5 0 .. .Kairos, 2,792 7,742
To Narva, per ship August. 4,600 ............
............................ 4,600
S avannah —To Barcelona, per steamer Jane Stuart, 4 ,8 0 0 .. .... 4,*00
C harleston —To Norrkoping, per bark Agnes, 1,100 . . .
...
1,100
To Barcelona, per steamer Churrcca, 3,1 39__ . . . . . . . . . . . . . . .
3,1*9
W ilmington —To Gh< nt, per steamer Torgorm. 5 ,3 3 8 .................
5,338
N o r fo l k —To Liverpool, per steamer Pocasaet, 4 ,3 0 0 ................ 4.300
W est P oint —To Liverpool, per steam er Bona, 2 ,0 1 7 ............. .
2,017
B oston —To Liveruooi, per steam ers Lancastrian, 2 ,3 6 4 .....
Pavonia. 1.378............ .................................................................. 3,742
To H alifax, per steamer H alifax, 1 0 1 ....'..",'..".'.".I.'..".*".1 *
101
B altim ore —To Liverpool, per steam ers Polynesian, 1,232 . . .
Sedg^more. 1,605 ..........................................................
. . . . 2,837
T o London, per steamer Massachusetts, 1 , 8 0 0 1 1 1 . " ! . 1 , 8 0 0
To H a vre,p er steamer Nerito. 250 ......... . ...............................
250
T o R otter ram. per steamers Venango. 3 5 0 ___Zaatidam. 5 4 1
891
To Antwerp, per steamers Sorrento. 3 5 0 .... Yesso, 1,106___
1,456
P h il a d e l ph ia —To Liverpool, per steam er Ohio, 1 5 4 . . . . . . . . . . .
154
T o ta l..—. . . . .




The particulars of these shipments, arranged in our usual
'orm , are as follows:
Brem en Other B arce­
S u ll
< S am - North lona < Hali£
&
L iver- <t L on
pool.
don. B a rre, burg. Europe. Genoa. fa x .
Total.
New Y ork . 10,910 6,433 1,404 1,425 1,427
22474
875
_m
N. Orleans. 18,732
47,46912,482 11,655 4,600
......
4,800
Savannah.
4.800
Charleston. __
4,239...................... 1,100 3,139
Wilmlngt’ n ...... . . . . . . ...................... 5,338
5,338
Norfolk . . .
4 ,3 .0
4,300_, ,,
Vest Point 2,017
2.017
__ ,
Boston . . . .
3,843
3,742
101
B altim ore. 2,837 1,800
250 ......... 2,347
7 ,2 3 4
Phlladelp’ a
154 ...... ........................ ...... ......
154
T o ta l. . . . 42,692

8,814

8,233 14,136 13,080 14,812

101 1 0 1 ,8 6 »

Below we add the clearances this week o f vessels carrying
cotton from United States, ports, bringing our data down t o
the latest dates:
G a l v e st o n —To Brem en—April 11 - Steamer Oro, 3,036.

To Narva— oril 1 1 —
A
Steamer Princess, 5,150.
Ne w O rleans —To Liverpool -A p r il 9 -S team er Costa R ican, 7 ,0 0 0 ....
A oril 1 2 -Steam er Architect, 4,150 . . . April 1 1 -S team er P ro­
fessor. 4,500___A pril 1 4 -S tea m ers Hugo, 4,263; Leonora, 5 ,2 0 0 f
W est Indian, 6,151.
To D u n k irk -A p ril 11 - Schooner Wm. J. Lerm ond, 2,616.
To Sc. Petersburg—
April 9 -dream er Orslao 3,0 j O.
To Narva—April 9 —steam er Orslao, 2 .0 JO
T o Vera Cruz -A p r il 8 —
Steamer Vera Cruz, 1.102.'
To B arcelona—
April 8 -Steam er Eastern Prince. 1.150.
To G m o a —A pril 8 -Steam er Eastern Prince, 2,335.
To T r ie s t e -A p r ! 8 -Steam er E « t e r n Pdno*, 1,050.
Charleston —To "Narva -A p ril 8 —Bark Leto, 1.763.
W ilmington —To B rem en—A pril 9 —Brig Dr. Witte, 1,077.
Boston —To L iverpool—A oril 5 —Steamers B istoalan, 1 .7 1 5 ... .Kansas,.
1 .7 0 1 .....A p ril 8 -8 tea m ers A leppo, 177; Virginian, 1 ,9 9 6 .. ...
April' 1 1 - Steamer Ottoman, 1.224.
To Ham burg—
April 9 —
Steamer Kebrwelder, 151.
To Yarmouth - April 8 —
Steamer Y arm outh, 50.
Baltim ore —To L iverpool—April 6 —
Steamer Carthaginian, 1 ,9 0 4 .. ..
A pril 8 - Steamer Rossmore, 2,362.
To Lon Io n —
April 11—Steamer Alexander Elder, 1,450.
To Brem en—A pril 6 —
Steamer Weimar, 4,267.
To H am burg—April 9 —Steamer Bohemia, 935.
T o R otterd a m -A p ril 8 —Stsamer Ohio, 250.
P h ila d e l ph ia —To L iverpool—.April 1 2 —Steamer British F riaoe, 9 2 3 .

Below we give all news received to date o f disasters to
vessels carrying cotton from United States ports, «fee.
Ci t y

o f F it c h b u r g , steamer, o f the Old Colony Steamship Go., plying?
between New York and New Bedford, Mass., arrive l at tbe latter
p o rt:A pril 10, and when the hatches w ire op >ned was fou id to be
on fire. The forw ard saloon and officers’ room w ere gutted, the*
officers losing nearly all their personal effects. The orew ’s quar­
ters on the after part o f this deck were also damaged, anu the
m en lost m uch o f their property. A fter v ery energetic exertloas
the Are was finally subdued after raging tw o hours. The loss o a
cargo will reaoh from $ 15,00) to $2 0 ,0 0 » and o a the steam er
8 10,000. The steamer is insure 1 and it is thought her ca rg o

M a in , steamer (Br.), from New Orleans fo r Liverpool, b ‘f sre reoorted,

w hich caught fire at sea and ran for F ayal, at which place sh e
arrived Maroh 25. was buraing from stem to stern, and tw en ty five cannon balls were fired into her to siuk her. Sue w en t to th e
bottom and the fire was extinguished. The holes were subse­
quently plugged and arrangem eat h td been mu le to save the
remaining cargo, when the steam er suddenly parted forw ard aad
aft of the engine room. The three parts o f the vessel are sinkingdeeper into the sand dally. The cattle s * v e l from h ir have been
sold for £1,281. The wreok wa3 sold fo r £ 1 1 4 aa d the cargofo r £311.
M o n r o v ia , steamer (Br.), from New Orleans, arrived at Bremen Apr 9,
and on the 11th fire broke oat in her hold, and has n ot yet been«
extinguished. She had 2,600 bales o f cotton and 1,4J0 tm s o f
corn on board. H er cargo has been seriously dam ag ed by the fire
and water, She Is being discharged as rapidly as possible.

Cotton freights the past week have been as follows:
W ednes. T hurs.

M on.

Tues.

761

764

7e i

....
's ® 3!«

....

’ «4 ® ^
....
's ® 3! «

Satur.
L iv e rp o o l, stea m d.
764
Do
b id ...d .
*•—
H a vre, s t e a m ... d. 7« 4 ® 's
....
Do
..............d.
B rem en , s te a m ., d. *8® 316
....
D o in d ire ct..d .
H am b u rg,steam ,d .
S16
....
Do
...........d.
A m st’d ’ m ,stea m .d .
35*
....
I n d i r e c t . . . . . . . d.
R eva l, ste a m ___ d.
....
................. d.
Do
B a rce lo n a ,ste a m d.
H
G en oa, s t e a m ...d .
13«4
T rieste, s t e a m ... d.
1564
A n tw erp , ste a m , d . *8®®«!

....

....

S16
....
35*
1 ....
732® H

....

....

39 ® 316
....
8ie

....

35*
....
782® *4

••
••

H
1364
1564
18 ® 96t

1384
1504
'S ® 9«*

....
S16
....
35*
....
ïa a ® 1
*
....
's
15«4
'S ® 9« !

764
....
76 4® 'S
....
'S ® 31«
....
816
....
35*
....

F ri.

t
■
■
k
o>
w

7S"4® *4
....
H
n 6i
16«4
'S ® 9« !

* Cents, per 100 lbs.
L i v e r p o o l . —By

cable from Liverpool we have the follow ing
statement of the week’s sales, stocks, «fee., at that port:
Mch. 25.

A p ril 1.

A p ril 8. A p ril 1 4 .

39.000
50.000
4 0 .0 0 0
66,000
1,900
i> 1.900
2,600
1,4 00
12,100
23,100
15,700
5 ,3 0 0
60.000
46.000
31.000
32 .000
5.000
9,000
6,000
6 .0 0 0
68,000
59,000
49.000
43,000
Total stock—E stim ated___ . . . 1.741.000 1.734.000 * 1673000 1.690.000
Of which Am erican—Estim’d 1.473.000 1.466.000 * 1440000 1.457.000
89.000
57,000
59.000
66 000
61.000
42,000
O f w h ich Am erican............
50,000
58 .0 0 0
115.000 130.000 137.000 110 000
105.000 115.000 120.000
9 0 .0 0 0

Bales o f the w eek ............ bales.
O f which exporters t o o k . . . .
Of w hich speculators to o k ..

* R e -con n tof Rt »ok m ade Saturday, April 2. and figures revised b y
deducting 26,800 bales A m erican and 39 ,9JL bales East la Uaa, &a.

654

THE

CH R O N IC LE .

[V o l.

LIY,

The tone of the Liverpool market tor spots and futures each @56c. afloat. On Tuesday, however, there was a sharp de­
day o f the week ending April 15, and the daily closing prices cline, with the regular trade very dull and the speculation
o f spot cotton, have been as follows:
nearly at a stand. No. 2 mixed o i Wednesday sold at 51c.
delivered and 51%c. f. o. b. next week. Yesterday the
Spot.
Saturday Monday. Tuesday. Wednes. Thursd’y. Friday.
market was rather easier for futures but there was a more
Harden’«
Market, {
Small
Moderate In buyers’ Small
active business for export, including No. 2 mixed at 51c.
demand.

1:45 e . M. j

inquiry.

MlcLUpl’ds.

311x6

3%

B ales....... .
Spec. A exp.

5,000
500

8,000
500

favor.
3%

7,000
500

inquiry.
3%

8,000
1,000

tendency.

DAILY CLOSING PRICES OP NO. 2 MIXED CORN.
Sal.
Mon.
Tués. Wed. Thurs.
April d e liv e r y ...............o. 50% 50
48%
49%
49%
May d e liv e r y ................. o. 48% 4 7 18
467s
47%
47
June d e liv e r y . . . . . . . . . . .o. 45% 45*8
45
45%
45%
July d elivery . . . . . . . . ...o . 46
45%
45%
4 5 7s
45%
August delivery............ o .
46% 45%
45%
46
45%
September d eliv ery .......o............
45% 45%
....................

3%

7,000
1,000

1

O
&

Futures.
Firm at
Easy at Steady at Steady at
M arket, \ Steady at 3-64 @4-64 1-64 @2-64 1-64 de­
1-64 ad­
partially
1:45 p. M.j 1-64 dec. advance. decline.
vance.
cline.

F ri.
J
«
2
y
:

Oats met with a good export demand, and prices fluctuated
within narrower limits. The export business included 75,000
Firm.
Steady.
Firm.
bushels on Monday at 37%(g|S8c. for No. 2 mixed, delivered.
Yesterday the market was dull and lower, with nothing done
The opening, highest, lowest and closing prices o f futures a t for export.
DAILY CLOSING PRICES OP NO. 2 MIXED OATS.
Liverpool for each dav are given below. Prices are on th e
Sat.
Mon.
Tues.
Wed. Thurs.
F ri.
basis of Uplands, Low Middling clause, unless otherwise stated :
Barely
steady.

Quiet but
steady.

M arket, ?
4 P. M. \

CT* The prices arc given in pence and 64iA.
$ 63-64d., and 4 01 means 4 l-6 4 d .
S a t., A p r . 9 .

M o n ., A p r . 1 1 .

T h u s: 3 63 m eans
T u e s ., A p r . 1 2 .

Open High Low. Clos. Open High Low. do». Open High Low. Clot.
ApriL.........
April-May..
May-June..
June-July...
July-Aug...
Aug.-Sept..
September..
Bept.-Oct...
Oct.-Nov....
Nov.-Dec...
Dec.-Jan....

d.
3 42
3 42
3 44
3 46
3 40
3 62
3 56
3 66
3 67
3 60

a.

a.

343
3 43
3 44
3 47
360
3 63
366
3 65
358
3 60

342
3 42
3 44
3 46
840
8 52
3 65
3 55
3 67
3 60

d.
3 43
8 43
8 44
8 47
3 50
3 53
356
3 65
3 58
360

W e d ., A p r . 1 3 .

d.
3 46
3 46
8 47
3 60
3 63
3 66
359
3 69
8 61
400

d.
3 48
3 48
3 50
3 52
8 66
3 68
3 61
8 61
3 63
4 02

d.
8 46
3 46
3 47
8 50
8 53
3 56
3 59
3 50
8 6i
4 00

d.
3 48
3 48
3 50
3 62
3 65
368
3 61
3 61
363
4 02

T h n r s ., A p r . 1 1 .

d.
3 44
3 44
3 46
3 40
3 52
3 54
3 57
3 57
3 60
3 63

d.
3 47
3 47
3 48
8 51
3 54
3 67
3 59
3 59
3 62
4 00

d.
3 44
3 44
3 46
349
3 52
3 54
3 57
3 57
3 60
3 63

d.
3 47
3 47
3 48
3 61
3 54
3 57
3 50
3 59
3 62
4 00

F r i., A p r . 1 5 .

Open High Low. Clos. Open High Low. Clos.
Aprll..........
April-May..
May-June..
June-July...
July-Aug...
Aug.-Sept .
September..
8ept.-Oct...
Oct.-Nov....
Nov.-Dec...
Deo.-Jan....

<.
1
3 48
3 48
3 40
3 52
3 65
368
3 61
3 61
363
4 02

A.
3 40
3 40
3 60
3 53
3 56
3 50
3 62
3 62
400
4 03

a.
3 48
3 48
340
3 62
3 56
358
361
3 61
8 63
4 02

d.
3 40
8 40
3 60
363
8 56
8 59
3 62
3 62
400
4 03

d.
3 48
348
3 40
8 51
364
3 57
3 60
3 60
3 62
4 01

d.
3 50
3 50
3 61
3 53
366
8 60
3 62
8 62
4 00
4 03

d.
3 48
3 48
8 49
8 51
364
3 67
3 60
3 60
8 62
4 01

d.
3 60
3 60
351
3 53
3 56
3 59
3 62
3 62
4 00
4 03

m

The buoyancy and activity in the markets for wheat flour
noted last week culminated on Saturday, and on Monday a
part o f the improvement in values was lost. Bids were re­
duced 10c. per bbl., with buyers showing no great anxiety
to go on, even at the reduced figures. The change was due
to a sharp decline in wheat on Monday, causing a very un­
settled feeling. On Wednesday there was a firmer tone, yet
values remained a good deal unsettled. Yesterday the mar­
ket was dull, and bids were materially reduced, making ohr
quotations w holly nominal,
The wheat market quite broke down on Monday, under un­
favorable cable advices and speculative manipulation in the
interest of operators for lower prices at the West. There was
a further decline on Tuesday, but renewed buoyancy on
Wednesday, owing to the resumption of free buying for ex _
port, shippers taking 144,000 bush., including No. 2 red win
ter at 8c. over the price .of May contracts, No. 2 Chicago at
2@2J£e. over May and No. 2 Northern spring at the prifce for
May. Bad weather for seeding in the Northwest was an ele­
ment of strength, snow having fallen. Yesterday there was
a sharp decline under weak cable advices, but the lower spot
prices led to a large export business. Shippers took 272,000
bush., and the local millers bought 100,000 bush, to arrive in
May.
NO. 2 BED WINTER WHEAT.
Wed. Thurs.
Tues.
Mon.
95
92%
93
94%
92%
91%
90%
91%
90%
89%
91%
90%
90%
90%
89%
91%
90
90%
91%
89%
89%
89%
88%
90%
91%
90%
91%
93

Fri.
;
£
c3
3
O
w
:

Indian corn was decidedly higher early in the week, when
No. 2 mixed, from scarcity, brought 54c. in elevator and 05




36%
35%
34%
34%

35%
34%
34%
3 3 7s

36
35
S4%
34%

35%
34%
34%
33%

J»
>
?
"o
M

Rye has been quiet and nominal. Barley is very dull.
The following are closing quotations:
FLOUR.
F in e ..................Ç bbl. $2 30 ® $ 2 80 Patent, w in t e r ....... $4 55 ® $ 4 85
S up erfine...............
2 75® 3 00 C ity m ills e x t r a s .,... 4 7 0 » 4 80
Extra, No. 2 .............. 3 10® 3 25 K ye flour, superfine.. 4 00 ® 4 40
3 50® 3 75
F in e..................... .
Extra, No. 1
3 4u® 4 05
C lears......... ............ . 4 10® 4 45 Corn m eal—
W estern, A c .. . . . . . . 2 80 ® 2 90
S traigh ts.................. 4 35® 4 65
B r a n d y w in e ........ 3 0 0 ® . . . .
Patent, s p r in g .......
4 55 ® 4 85
[W heat flour in sacks sells at prices below those fo r barrels.]
GRAIN.
C om , per bush.—
o.
o.
W h e a tWest’ n m ix e d . . . . . 48 ® 51
85 ® l 03
Spring, per b u sh ...
Steamer No 2........ 43 % ® 49%
B ed winter No. 2 .. 99 % ® 1 00%
West’ n y e U o w ..... 43 ® 52
R ed w in ter........ . 80 ® 1 02
W estern w h it e . . . . 52 ® 55
W h ite...................... 88 ® 98
Oats—M ix e d ..$ bu. 35% ® 37% R y e W estern, per bush. 88 ® 91
W hite................... . 36 ® 40
State and J ersey .. 88 ® 91
No. 2 m i x e d ....... 36 ® 37
No. 2 white......... . 36% ® 37% B iriey—No. 2 West’n. 67 ® 63
State, 2 row ed . .. 53 ® 55
State, 6 row ed ....... 65 ® 67

The A pril report o f the Statistician o f the Departm ent o f A griculture
makes the average condition o f w inter-wheat on the first o f A pril,
81*2, and that o f rye, 87. The averages o f the p rincipal winter-wheat
States are: Ohio, 71; M ichigan, 83; Indiana, 7 3 ; Illinois, 82;
Missouri, 72, and Kansas, 77.
The averages o f these six is
77, against 97-3 in A p ril o f 1891. It is 97 in New Y ork and
84 in Pennsylvania.
In the States from Delaw are to N orth
Carolina it varies from 79 to 87. but it is 90 to 93 in the Southern belt
east o f the Mississippi, and som ewhat low er w est o f that river. On
the P acific Coast the condition is high. The seeding was generally
late, in the W est especially, and in the Southwest later than tne States
o f the Atlantio Coast. The unfavorable seeding conditions were
drought, difficult plow ing, lum py soil, slow germ ination and an im­
p erfect stand, and they were naturally follow ed b y late and feeble

S'
5
'S

F r id a y , April 15, 1802,

DAILY CLOSING PRICES OP
Sat.
98%
95%
9 3 7e
94
93%
92%
95

36
35%
35%
34%

A g r i c u l t u r a l D e p a r t m e n t R e p o r t . —The report o f the
Department of Agriculture, showing the condition of winter
wheat on April 1, was issued on A pnl 9 as follows:

BREAD S T U F F S .

A pril delivery.............. . .0.
M ay d elivery................. .0.
Ju ne d elivery............... .0.
Ju iy d e liv e r y ................ .0.
August d e liv e r y ............ .0.
Septem ber d e liv e ry .. . . .0.
Decem ber d elivery.___ .c.

April d elivery.................. 0.
May delivery............ . . . . . c .
June delivery.......... . . . . . c .
Ju ly d e liv e r y ............... . . o .

^ T h e plant was therefore generally smaU w hen the w inter set in, and
apparently o f weak vitality, the condition in D ecem ber averaging 8 5 ’3.
The present return is a reduction o f 4*1 points. W inter protection b y
snow was quite general in New Y ork from January till late in March.
In Pennsylvani t the coverin g w as less continuous or general, but was
enjoyed when m ost needed. In M ichigan there w as a fa ir degree o f
protection, especially in the severest weather. In Ohio, Indiana and
Illinois the snow coverin g was not continuous or hea v y in som e
places it was very light ana partial and in others better than fo r years.
In M issouri and Kansas there was still less snow , bu t th«re was some,
protection at the time o f the M arch freezes. It is quite un iform ly report-'
a l that the winter was n ot very severe, and was m m any sections mild.
W inter-killing was exception al or lim ited to flat and w et areas. Some
correspondents note the lu m p / condition o f the soil as m odifyin g the
injury b y freezing. M any correspondents report the crop im proving
in appearance at the date o f the report, and indicate a probability o f
further im provem ent w ith favorable A pril weather. The fa ct that low
oo idition is less the result o f w inter-killing than o f late germ ination
and slow autumn developm ent, renders m aterial recu peration possible
under fa vorin g m eteorological conditions.

The movement of breadstuff a to market is indicated in the
statement below, prepared by us from the figures of the New
York Produce Exchange. W e first give the receipts at
Western lake and river ports, arranged so as to present the
comparative movement for the week ending April 9, 1892,
and since August 1, for each o f the last three years:
Bye.
Oats.
BarleyCorn.
Wheat.
Flour.
»
iiMs.lPeib Bueh.90 lb. Bit*5.561b; Bu*5.S2 ¡6 BushAH ¡5 Bu, 56 l’>
241,097
38,224
920,323
236,032 1,009,534
130,370
14,500
60,000
35,000
13,340
176.700
46,375
Milwaukee...
1,150,334
Ouinth.......
811.760
Minneapolis.
2,200
1,100
1,000
323,000
27,001
1.558
Toledo........
27,155
11,561
........
34,149
36,049
1,448
Jetroit.. .
15.820
5
35,811
10,409
4.582
38, 61
Cleveland....
6,525
12,600
91,435
361,660
108,047
27,406
it. Louis....
4,400
13,800
120,100
15,500
67,200
3,000
P eoria.......
01,754
374,472
204.730 2,610,233 1,821,282 1,221,163
Tot. wk. ’02
58.842
181,405
180,043 1,457,033 1.465,845 1,196,809
iame wk.’oi.
45.920
303,700
210,113 1,065,803 2,858,664 1,183,001
4«m# wk.’O .
O
Since Aug. 1.
1801-02...... 8,785,881 185,035.846 03,566,456 76.085,630 28,202,420 13,472,473
1800-01...... 7.735,101 88,084,903 66,330,580 66,736,470 27,100.225 3,687,114
8.488.254 «6.045.441 127.6fl6.00i 61.153,651 22,483.701 4,800,304
inmuH)....
h
Stit o m e n t o f B x p ir t e ot 8r«a <irta1li fro m U n ited S ta te « P o r t
fo r M a rch a n d th o 9 m on th s to M ch . 9 k , w ilt Iso ioa tfd on » . o » 7 .
Receipts at—

THE

A p r i l 16, 1892.]

C H R O N IC L E .

1 The exports from the several seaboard ports for the week
ending April 9, 1892. are shown in the annexed statement:
Export»
fr o m —

Wheat.

Oorn.

H ou r.

Oat».

B yt.

Bblt.
1)6 .7 5 9
2 0 ,9 -3
1,399

98,690
699,050
318.965
376,801

24,417
32,055
9,363

Tot. week. 1,831,476 2,119,526
S’ me time
1 8 9 1 ...
656,439 433,948

204,976

106,778

210,613

Bush.
21,610
18,766

.........

110,201

40,376

2,312

P h ilad el.
Baltim’re
N. Orl’ ns.
N .N ew s..
Blebrn’d .

Bush.
562,806
131,289
88.957
25,200
141.500
434,455
447,269

Bush.
48,159
28,035
30,584

Buth.
47,801

32,000
30,400

Bush.
617,470
8,544

New York

Peas.

36,306

The visible supply o f grain, comprising the stocks in granary
at the principal points o f accumulation at lake and seaboard
ports, April 9, 1892:
Wheat,
Oorn,
bush.
bvsh.
I n store at—
532,000
New Y ork............. 1,337,000
Do
a f lo a t .....
64,000
22,000
A l b a n y . . . . ......................... .
7,000
B u ffa lo ................
7C0.000
Chicago. . . . . . . . . . 9,321,000 2,526, L00
Do
a flo a t.... 783,000 1,430,000
10,000
M ilw a u k e e .......
379,000
Dalutn ............... 13,430,000
Do
a flo a t.... 401,000
T o le d o .................
785,000 1,063,000
12,000
Detroit..................
497,000
O s w e g o ... .... . . .
25,000
669,000 2,334,000
8t. Louis___ ____
90.000
Do
afloat..........................
5,000
C incinn ati...........
7,000
45.000
B o s t o n ...... . . . . .
265,000
T o r o n t o . .........
150,000
M o n t r e a l.........
606,000
Philadelphia.......
722,000 1,026,000
99.000
Peoria.................
18,000
29.000
Indianapolis. . . . .
11,000
74.000
Kansas C ity.......
378,000
753.000
Baltim ore....... .
660,000
55.000
M inneapolis......... 8,609,< 00
96.000
On M ississippi...
51.000
680.000
On Lakes............. 1,250,000
On canal & river.
....... .
Tot. Apr.
Tot. Apr.
Tot. A pr.
Tot. A pr.
T ot. A pr.

9.’ 92.
2,'92.
11, 91 .
12,’9 0 .
13,'89.

Oat»,
bush.
532,000
32.000
29.000
737,000
103 000
5,000

B ye,
bush.
282,000
30.000
6,000
99.000
433.000
217.000
41.000

99.000
26.000

96.000
29.000

150,000
91.000
113.000
11.000

518.000
363.000
57.000
79.000
32.000
138.000
33.000
13.000
62.000

3,000
37,000
39,000
Ï 3 .0 0 0

1.000

B a rey
bus*.
47.000

20.000
2,000
77.000
67.000
54.000
144,000

36.000
20.000
42,000
70.000
10.000
96.000
93.000
"

8,000

7.000
146,000
4,000
17,000

655

packages, valued at $125,890, their destination being to the
points specified in the table below:»,
(
new

Y o r k to A p r i l 12.

Great B ritain......... ................
Other E u r o p e a n . . . . . . . . . . . . .
China......... ................... ..........
I n d i a . . . . . . . . . . . . . . . . . .............
Arabia......... ......................... .
A frica.............. .............. .........
West Indies......... .................
M exico......... ...............
Central A m e r ic a ...................
South A m erica....................
Other c o u n t r i e s . . . . . . . . . . . . . .

1892.

1891.

Week. Since Jan. 1.

Week. Since Jan. 1

157
8
136
84
11
. .. .

407
24
72
933
33

T ota l......... ........................
China, v ia V an cou ver.........

1,£65

T otal......... ........................

1,865

. . . .

1,709
534
37,574
2,399
3,647
3,902
5,300
1,323
2,159
13,555
1,015

166
20
7,688
42

73.117
3,600

8,554

76.717

8,554

51
160
23
110
218
76
. . . .

1,515
559
42,976
4.252
3,057
570
4,062
811
2,345
8,995
561
69,703
12,855
82,558

* From New England m ill points direct.

The value o f the New York exports since January 1 have
been $3,722,288 in 1892 against $8,712,872 in 1891.
Business in staple cottons has been slow. For brown sheet­
ings and drills there is a quiet export demand, but jobbers
and converters have operated spariagly. Prices are not
quotably changed, but rule irregular. Bleached shirtings
also quiet and irregular.
W ide sheetings, flat-fold
cambrics, silesias and colored cottons generally steady.
Moderate orders have been placed for cotton flannels, prices
o f which are still withheld by agents. White goods are
inactive throughout and difficult to sell. Business in prints
and ginghams is slow at first hands and confined to agents
clearing up odds and ends of regular lines, with a small
business in fresh specialties. In jobbing circles regular
business has ruled indifferent, but fair saUs were made in
“ jobs” in fine dress and other gingham styles. Print cloths
are inactive without change in price from 3 l-16c. for 64x64s,
but the strike referred to above is generally regarded as a
weakening influence.
1892.
Stock o f P rin t Oloths—
A p ril 9.
Held b y Providenoe m anufacturers. None.
34.000
None.

41,178.000 10,338.000 3,223,000 1.496,000 790.000
41,028,000 11,539,000 3,692,000 1,643,000 919,000
22,396,900 2,33 •>,387 2,593,614 456,058 1,010,063
26,118,639 20,525,781 4,488,850 1 ,3 4 ',8 1 6 1,052,602
27,778,722 16,215,187 6,858,290 1,548.958 1,052,713

34,000

1891.
A p ril 11.
410,000
150,000
None.

1890.
A p ril 12.
357,000
24.000
None.

560,000

331,000

2,729,158
2,028,833
2,711,652
.1,096,588
471,320




31,342
301,753

F oreign Dr y Goods.—A fair business has been transacted
in small lots of both staples and novelties for immediate con­
sumption, the sale of the latter being accelerated by conces­
sions in prices on certain lines. Business for autumn deliver­
THE DRY GOODS TRADE.
ies in the form of importation orders has been moderate, not­
N e w Y o r k , Friday P. M., A pril 1 5 ,1 8 9 2 .
withstanding the low prices quoted by agents of foreign
The booking of new engagements by agents during the houses for a number of well-known makes iu dress goods and
week has been reported moderate in the general run of men’s-wear worsteds.
staple cotton goods, and the tone of the market has con­
I m p o r t a t io n s o f D r y G o o d s .
tinued dull and irregular. Weather influences, which prom­
The importations o f dry goods at this port fo r the week
ised favorably last week, changed again to adverse conditions,
and orders from jobbers, both near at hand and at distant ending April 14, 1892, and since Jan. 1, and the same facts
points, were of a restricted character. Delivt ries from the ior the corresponding periods o f last year are as follow s:
ft
2
<
mills were of fair extent, and supplies afforded by these ap­
1
3
pear sufficient to meet the bulk o f accruing requirements. A
« p
a
*9 § M li
feeble effort has been made in some quarters to use the im­
w>ct
O¡0
®!
provement in the price of raw material as a factor in the
0•
©•
©;
goods situation, but buyers are in too indifferent a mood to
o!
©;
Si
0:
Ë
give this a chance of success. On the other hand, the
m 1
1
a:
presence of considerable stocks here and there has a weaken­
B:
ing influence on all but protected productions, and the ten­
•î
a
li
dency of prices has rather been towards a still lower level
M
V
OM
than in an upward direction. The best that can be said on
O05QCC0
PÜ 1M W 05
HMMKM
OH*
M00OCC C
O
0»M
this point is that occasionally Belters have refused bids made
00C C C 00
MM O
H wcm:ow
*
03tS H WA
below prices generally current last week. The local jobbing
M
0 ¡a
3
trade has ruled quiet, business falling short o f last week’s
tOMG tCM I
O
HOi C 030
O
M M CO X G
O
M05O*-CM
total, although stated to be larger than a year ago. The
O C CO «0
CO O
tO G CO &
CO O M
Wp'MOW
oo*- fcO Ô ^ O
OMCoVlo !
C OC
0003 HOCCOtf*
print and print cloth situation is threatened with the disturb­
w o tDCMXCOCM
O G ** 000 ;
O
5
coo <1M»C00C0
o oo coo5 0 m *o
D
M W5 Q
Qtf* 5 I
O k to 03C > *
ing element of a prolonged labor trouble. 1 he engravers
have struck work for a week of 52 hours instead of 58 hours
to
as at present. The men are said to be determined and well
O WtOtOM
*-WtO WM
cnaopKO w
JaM^QOM
organized. An occasional printer has provisionally made the
V ocMOto
'cowVcooi
O C t005 C
M
M
m o
* O
05 tO05M
CKO h- 10H 00C
C M0505C
O
M
concession, but the great majority refuse to accede to the
C 00 oo to cno*Q
O
Q
m >» * o
~xh o
tf* o : oo rf* m
men’s demands. Unless one side or the other yields speedily
C
O
the autumn work, on which engravers ought now to be en­
w-co
ll* X
Vo
oo I f - w o w
gaged, will be in a critical condition.
05W
05 if*©*!0039
05*“ tf*CO**OOt
pM
wwowto
O
P f* 00WC to M
D omestic W oolens.—There has been only a quiet business
C ^O «O05OM
M
J
C M
«C
0 0 0 M tf*M
0£-05 O M
doing in men’s-wear woolens and worsteds during the week.
CC
OM
O
coa M W X O M
CM
O
CM
C
M CO C
tO
The demand for spring styles noticeable in the previous week
has fallen off, and for next season’s deliveries the demand is
*3
T
WMMM
M GO M — 00
©O
:
tO0 C C 00 »
5 MO
waiting upon the receipt of sample pieces which manufac­
COCO WOO 05
-JO
05WCOOM • i *
tOtG05C M »
O
CM05 CO © M
003
turers are now engaged in forwarding. It will take the trade
M .
some little time to get into shape tor duplicating on these, i » i r
f* ÎS
tOtOMWtO
M CO
tO *3
if*
M00C O C
M O a* M g CO to
and in the meantime new business is expected to run light. oo I coco
O C 05 F M «
O
O1
Ü
O |© o
00 §
The situation, so far as manufacturers are concerned, is better
£ ce.g
T 0 O 05M O C
o0
—©taboo
O O h h h
*O
HWWCJ1-*
MH*
co -tx o w
O #* wtoco
to5»
5
than a year ago, as more of them are well under orders now
WIf*IO
S to®
0 5 cm
C Q *4 01to
OC
w a to o rf*
than then, but there is still a considerable contingent by no
to
means well covered for the season’s production. Overcoatings
*>tot: to to
■
t re steady and well sold ahead, and leading makes of cloakings
p c to a to
m
^ W QUtO
M
*3 tO 03
a o o'cob*
»
are in a like favorable position. Doeskins, satinets, cotton -1:0coo 00 03 CO O CO
03 COW
it*
.
tf*C C C C
O MMM
C C OC o
MM O
0
tOMtOG M
O
poo M
M
warps and "unions are. all inactive, and there is only a small O I 0 to H * q W if* * I
business doing in flannels and blankets. Good orders have
HHHtO
CM**M05M
been placed for autumn styles of dress goods in which faricy
C WC W03
O O
co a to 1 H<1000
toV o ^ x
0*
O WtOit*to
weaves predominate.
tf* j 05 M . 00*-to to to
OMtOOH**
TOCOM
cm j 0 5 »
O**05tf**“
O
pCMpOM
O
M ! G 00 j MC C C C
O
D o m e s t ic C o t t o n G o o d s . —The exports o f cotton goods C 0303 H WH C *4
O MMM
C C JdV c
OO
O
00 ! 0 5 M Î tO05<1C 05
00 03 — If*H »4 to W
O
00X C 0505
M
M > M
O
from this port for the week ending April 12 were 1,815 H 1 **<» to If*C *3W
* I* *C 00C
* ■ M O

656

THE

C H R O N IC L E .

State and City Detantment.
TERMS OF SUBSCRIPTION.
Commercial and Financial CHRONICLE con­
tains 4 0 to 6 4 pages published every week.

State and City Supplement of CHRONICLE con­
tains 1 8 4 pages published several times each year.

Investors’ Supplement of CHRONICLE (a Cyclo­
paedia of Railroad Securities) contains 1 6 0 pages published
every other month.
Subscription to CHRONICLE for one year $ 1 0 .0 0 ,
which includes every issue of both S u p p l e m e n t s .

THE INDEBTEDNESS OF GALVESTON, TEX.,
AND RICHMOND AN D STA UNTON, VA.
We give below the detailed reports of municipal in­
debtedness, assets and assessed valuation of the cities
o f Galveston, Tex., and Richmond and Staunton, Ya.
Rach of these statements has been corrected to date by
means of data furnished us this week by city officials.
In the report for the city of Galveston the latest fig­
ures of total debt bear the date of March 1 1892, and
they do not include $250,000 of the newly-authorized 5
per cent loan which has been sold since that time. The
total amount of this new loan authorized is $1,240,000
and the bonds are to run for forty years. The remain­
ing $990,000 will not be offered for sale at present.
We give the Galveston report first, and following it
are the reports for Richmond and Staunton.
GALVESTON, T E X .— Mr. It. L. F ulton is still M ayor o f GaL
veston. This city is the coun ty seat o f G alveston County. The city
has been authorized to issue 5 per cent w ater and street im provem ent
bonds to the am ount o f $1,240,000. A t the present date on ly $250,000
o f this loan has been sold.
G alveston is the cou n ty seat o f G alveston County.
LOANS—
ik e

D

epartm ent

When Due.
B

on d s—

L

im it e d

D

ebt—

5 s, J&D, $349,600.........
1920
Subject to call at city ’ s option.
5s, J&D, $468,800..................... 1925
Subject to call after 1895.
5 s, J&D, $431,000..................... 1928
Subject to call after 1898.

5s, J&D, $5 0,60 0....................1931
Subject to call after 1901.
P u r c h a s e B l o c k 3218s, M&S, $35,000....... 1893 to 1903
($3,500 due each year.)
W

ater

W

orks

& St r e e t I m

p

.—

5s, J&D, $500,000....................1928
Subject to caU after 1908.
5 s , .........$ 2 5 0 ,0 0 0 ..................1932

PA R V A L U E O F B O N D S .—The lim ited debt bonds are $100 and
m ultiples thereof.
I N T E R E S T - W H E R E P A Y A B L E —Interest is p ayable in New Y ork
and Galveston. A ll coupons are ta x receivable.

TO TA L DEBT, SINKING FUNDS, ETC.— The subjoined state­
m ent shows G alveston’ s total bonded and floating debt and the sinking
fu nd held b y the the city, against the same, on the first o f D ecem ber
1890 and the first o f M arch 1892.
Mch. 1 ’92. Dec. 1 ’ 90.
Total bonded debt (including w ater d ebt)..........$1,839,200 $1,887,200
Floating debt (interest accrued, e tc.)..................
49,430
64,768
T otal d ebt............................................................$1,888,630 $1,951,968
Sinking fund, & c.............................................. ....... $416,392
440,419
N et debt....... ........................ ........... . . . . ........ .$1,472,238

$1,511,549

In addition to the sinking fund, as given above the city owns
$622,200 o f w harf com pany stock and $6,930 o f City R ailroad
stock (the incom e o f both pledged to secure its lim ited debt 5
per cent bonds), a water w orks plant valued at $450,000, an electric
lig h t plant and publio m arket valued at $46,180, etc., etc., the total




A SS E SS E D V A L U A T IO N .—The city ’s assessed valuation and t a x
rate have been as fo llo w s :
Pergonal
Total A ss'd City Tax
Year*.
R eal Estate.
Property.
Valuation, p e r $1,000
18 91................................$17,618,035 $5,363,103 $22,981,138 15-00
1 8 90......................
15,970,935 5,062,899 21,033,834 1 5 0 0
4,619,635
20,314,334 1 5 0 0
1 8 89............................... 15,649,695
1881....................................................
............
17,625,862
.........
In addition to the city ta x as above there w as in 1891 a school ta x
o f $2-00 (per $1,000), and a State and cou n ty ta x o f $8-25, making the
tO).al t a x (per $1,000), $25-25.

POPULATION

is to furnish our subscribers with a weekly addition to and
•continuation of the S t a t e a n d C i t y S u p p l e m e n t . In other
words, with the new facts we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
«hall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
S t a t e a n d C i t y S u p p l e m e n t to as near the current date as
possible. Hence if every Subscriber will note in his S u p p l e ­
m e n t on the page designated at the head of each item a
reference to the page where the item in the C h r o n i c l e can
be found, he will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts.

F

value o f its p ublic p rop erty bein g $1,955,560. In 1891-92 the w h arf
com pan y stock yielded $37,332.
The sinking fu nd receives yearly an am ount equal to 2 per cen t o f th©
outstanding bonds. The ordinance respecting the lim ited debt bonds
provided that their sinking fund incom e should be invested in bonds o f
the State o f Texas or in bonds o f the U nited States.
D E B T LIM IT A T IO N .—The city can issue bonds on ly w ith legisla­
tiv e authority and is forbidden to m ake loans fo r railroad aid.

in 1890 w as 29 ,084 ; in 1880 it w as 2 2 ,243 ;

in

1870 it was

The purpose o f this State and City Department

1 0 s ..........................$4,200, past due

[V O L . L I V .

RICHMOND, VA •— Mr. J. T aylor E llyson continues to offi­
ciate as M ayor o f this city, w hich is the coun ty seat o f H enrico County,
The Common Council o f R ichm ond has recen tly been authorized to
issue 4 per cent bonds to the am ount o f $100,000 fo r the new City H all
w hich is now in process o f construction.
B

LOANS—
onded

D

When Due.

ebt—

B

8s, J&J, $161,600........... July, 1904
($20,000 coupon and $141,600 reg.)
8s, A&O, $100,000.......... Oct., 1904
($81,000 coupon and $19,000 reg.)
8s, J&J,
$600 (reg.).Jan., 1906
8s, J&J,
800 (reg.).July, 1906
8s, J&J, 351,200............Jan., 1907
($14,000 coupon and $337,200 reg.)
8s, J&J, $63,500............ July, 1907
($2,000 coupon and $61,500 reg.)
8s, J&J, $28,200 (reg.) .Jan., 1908
8s, J&J, 289,800........... July, 1908
($6,000 coupon and $283,800 reg.)
8s, J&J, $184,000.......... Jan., 1909
($ 2,006 coupon and $182,000 reg.)
6s, J&J, $22,033 (reg.)..Jan., 1893
6s, M&S, 8,950 (resr.)..Mar., 1893
6s, J&J,
300 (reg.) .Ju ly, 1895
6s, J&J,
1,306 (reg.)..Jan., 1900
6s, J&J, 595,935............. Jan., 1904
($7,000 coupon and $588,935 reg.)
6s, J&J, $94,940.............Ju ly, 1904
($39,o60 coupon and $55,946 reg.)
6s, J&J, $51,100.............Jan., 1905
($5,000 coupon and $46,000 reg.)
6s, J&J, $172,720 (reg.).July, 1905
6s, J&J, 261,680 (reg.).Jan., 1906
6s, J&J, 11 0,05 0..........July, 1906
($1,006 coupon and $109,056 reg.)
6s, J&J, $124,760...........Jan., 1907
($4,000 coupon and $120,760 reg.)
6s, J&J, $126,900.......... July, 1967
($15,060 coupon and $111,900 reg.)
6s, J&J, $6,372 (reg.)..Jan., 1968

LOANS—
onded

D

When D u e.

ebt-

68, J& J,$ 7 5 ,2 0 0 ..............Jan., 1909
($1,000 cou p on and $74,206 re g .)
6s, J&J, $9,800 (reg .)..J u ly , 1909
6s, J&J, 66,600 (reg.)..J an ., 1910
68, J&J, 19,900 (reg.)..J an ., 1911
6s, J&J, 12,600 (reg .)..J an ., 1912
6s, J&J,
6,000 (reg .)..J u ly , 1913
6s, J&J, 10,000 (reg.)..J an ., 1914
5s, J&J, 37,006 (reg.)*. Jan., 1916
5s, J&J, 81,006 (reg.)*. Ju ly, 1916
5s, J & J ,201,400 (reg.)*. July, 1917
5s, J&J, 15,600 (reg.)*.Jan. 1918
5s, J&J, 102,600 (reg.)'* .Ju ly, 1918
5s, J&J,'175,500 (reg.)*.Jan., 1919
5s, J&J, 5,500 (reg.)*.Jan., 1920
5s, J & J ,261,700 (reg.)..Jan., 1921
5s, J&J, 38,856 (reg .)..J u ly , 1921
5s, J&J, 140,006 (reg.)..J an ., 1922
5s, J & J ,396,566 (reg .)..J u ly , 1922
5s, A&O, 1,666 (reg.)..O ct., 1923
4s, J&J, 101,066 (reg.)..Jan., 1920
4s, J&J, 175,006 (reg .)..J u ly , 1920
4s, J&J, 128,306 (reg.)..J an ., 1921
4s, J&J, 24,400 (reg .)..J u ly , 1921
4s, J&J,
6,000 (reg.)..J an ., 1922
4s, J&J, 44,025 (reg .)..J u ly , 1922
4s, J & J ,242,006 (reg.)..Jan., 1923
4s, J&J, 52,566 (reg .)..J u ly , 1923
4s, J&J, 127,666 (reg.)..Jan., 1924
4s, J & J ,555,660 (reg .)..J u ly , 1924
4s, J&J, 93,656 (reg.)..Jan., 1925
4s, J&J, 182,150 (reg.).July 1,1925
4s, J&J, 174,450 (reg.) .Jan. 1,1926

The 5 per cent bonds marked thus (*) in the ab ove table are subject
to call ten years after their date o f issue.
PAR VALUE OF BONDS.—The city’s bonds are in multiples o f
$ 100 .

INTEREST is payable in Richmond.
TOTAL DEBT, SINKING FUNDS,

E T C .-T h e subjoined state­
m ent shows Richm ond’ s total funded debt, the sinking fund held b y the
city against the same, and the city ’s floating debt, on the 1st o f F ebru­
ary o f each o f the last three y e a r s :
1892.
1891.
1890.
T otal funded debt.................$6,317,065
$6,059,716
$5,930,491
S in kin gfu n ds....... .
148,802
88,270
88,957
$5,971,446
$5,841,534
N et bonded d e b t ...........$6,168,263
F loating d ebt........................ $232,172
$343,604
$416,165
The total debt in 1889 was $5,660,668.
C IT Y P R O P E R T Y .—The estimated value o f the p rop erty ow ned b y
the city on February 1 ,1 8 9 1 , w as $4,619,034. This includes the w ater
works, valued at $1,500,000; gas works, at $1,000,000.; and m arkets
at $202,000.
D E B T L IM IT A T IO N .—The city ’ s debt is lim ited b y its charter to 18
per cent o f the assessed valuation o f real estate.
A SSE SSE D V A L U A T IO N .—The city ’s assessed valuation and ta x
rate have been as fo llo w s :
Personal
Total Assessed City Tax
Tears.
Real Estate.
P roperty.
Valuation,
per $1,000.
1891.................$40,343,555
$18,229,972
$58,573,527
$14-00
1890................ 35,341,652
16,640,637
51,982,289
14-00
1 8 8 9 ..
..... 34,964,000
16,903,000
51,867,000
14-00
1 8 8 8 ..
. . .. 34,660,000
14,132,000
48,792,000
14-00
1887........
33,970,000
14,360,000
48,330,000
14-00
1886................ 33,518,000
14,576,000
48,094,000
14-00
1885............... 32,348,000
13,752,000
46,200,000
14 00
In 1891 the State ta x per $1,000 was $4-00.
P O P U L A T IO N in 1890 was 81,388; in 1880 it was 6 3 ,6 0 0 ; in 1870
it was 51,038*

ST AUK TON, VA •— W e have received from City Treasurer
A rista H oge a statem ent in detail o f the outstanding bonds o f Staun­
ton, Ya., on A p ril 1 1 8 9 2 , and the follow in g report is corrected to that
date.
Staunton is the coun ty seat o f A ugusta County.
LOANS- •
W h en D u e.
LOANS—
When Due.
Co m

m e r c ia l

L

ig h t

B

on ds-

68, J&J, $1,500 (T. H.
C o .).-....................... .Jan. 1 ,1 8 9 2
Cit y H

all

B

on d s—

6s, J&J, $11,000 (H ). Ju ly
Subject to call after Jan.
6s, J&J, $11,000 (H ).Jan.
Subject to call after Jan.

1, 1908
1, 1894
1,1908*
1, 1896

F

u n d in g

B

ond s—

8s, J&J, $ 1 ,0 0 0 ..........Ju ly
Subject to call after Ju ly
6s, J&J, $19,000(J&J) Ju ly
.. Subject to call after Ju ly
6s, J&J, $4,000t (K .).J u ly
Subject to call after Ju ly
6s, J&J, $8,000 (L .)..J u ly
Subject to call after Ju ly

1, 1906
1 ,1 8 9 1
1, 1911
1 ,1 8 9 1
1, 1912
1, 1892
1, 1913
1 ,1 8 9 3

THE

A p r i l 16,1882, J

LOANS—

When Due.
L and P urch ase B onds —
« s , J&J, $9,000 (E .)--Ju ly 1 ,1 9 0 5
Subject to call after Jan. 1 ,1 8 9 6
€ s, J& J, $1 ,000...........N ov. 6 ,1 8 9 1
€ s, J&J, $2,700 (F .)..J u ly 1, 1905
« 8 , J& J,$14,000(S.F.).July 1 ,1 9 1 0
Subject to call after Jan. 1 ,1 8 9 6
R ed e m p tio n B onds —
Bs, J&J, $ 3 ,6 0 0 t ....... On demand
« 8 , J&J, $ 1 9,50 0t....... N ov. 1 ,1 9 0 6
«8 , J&J, $ 7 ,800.......... July 1, 1909
Subject to call after Ju ly 1 ,1 8 9 9
«8 , J&J, $2,000t (M .).July 1 ,1 9 1 5
Subject to call after Ju ly 1 ,1 8 9 0
■6s, J&J, $3 ,800 t.......... Ju ly 1 ,1 9 2 1
■6s, J&J, 1 ,5 00...........Ju ly 1 ,1 9 2 1
Subject to call after Ju ly 1 ,1 8 9 6
Sch ool B onds —
Bs, J& J,$6,000 (8.B) .July 1 ,1 9 0 7
Subj. to call after N ov. 1 ,1 8 9 7
Bs, J& J,$2,000 (S.B.)July 1 ,1 9 0 7
Subj. to call after Dec. 1 ,1 8 9 7
Bs, J &J,$3,000t (8. B) .July 1 ,1 9 0 7
Subj. to call after Feb. 1 ,1 8 9 8
Bs, J&J, $2,000t(C.S.
B .) ...........................June 1 4 ,1 9 0 8
Subj. to call after June 1 4 ,1 8 9 8
Bs, J&J, $ l,0 0 0 t (C.
8. B .)...................... Aug. 1 1 ,190 8
Subj. to call after Aug. 1 1 ,189 8

C H R 0 N 1 0 I.K

LOANS—

When Due.
Sch ool B onds — (Cont.)—
6s, J &J,$2,000t (8.B ).July 1 ,1 9 0 7
Subj. to call after Apr. 2 0 ,1 8 9 8
68, J&J, $1,000 (C.
8. B .)....................... Ju ly 1 ,1 9 1 8
Subj. to call after N ov. 2 7 ,1 8 9 8
6s, J&J, $3,000 (C.
S. B .) ......................July 1 ,1 9 1 8
Subj. to call after Jan. 1 ,1 8 9 9
6s, J& J, $ 7 ,0 0 0 .... .Ju ly 1 ,1 9 2 1
Subj. to call after Ju ly 1 ,1 8 9 6
Str e e t I m p r o v e m ’ t B onds —
8s, J&J, $900t (B .)..J a n . 2 2 ,1 8 9 4
Subj. to call after Jan. 22, 1889
8s, J&J, $3,400t(B .).Jan. 1 ,1 8 9 5
Subj. to call after Jan. 1 ,1 8 9 0
6s, J&J, $5 ,000......... Ju ly 1 ,1 8 9 2
($1,000 due y ’ ly)toJu ly 1 ,1 8 9 6
6s, J&J, $ 4 3 .0 0 0 .......Ju ly 1, 1921
Subj. to call after Ju ly 1 ,1 8 9 6
6s, J&J, $ 5 ,0 0 0 t....... July 1, 1921
Subj. to call after July 1 ,1 8 9 6
V a l l e y RR. B onds 68, J&J, $100,000(C )July 1, 1904
Subj. to call after Ju ly 1 ,1 8 9 4
W a t e r B onds —
8s, M&N. $8 0,00 0*..N ov. 1 ,1 9 0 5
6s, J&J, $2,200 (B.
A. F .)...................... Ju ly 1 ,1 9 1 0
Subj. to call after Jan. 1 ,1 8 9 1

* The $80,000 "water bon d due N ov. 1 ,1 9 0 5 , is exem pt from tax a­
tion .
t A ll held in tlie sinking fund.

INTEREST is payable in Staunton, ex cep t on the 8 per cen t w ater
bon d, interest on which is payable in B altim ore. The coupons are all
receivab le in paym ent fo r the city taxes and dues.
T O T A L D E B T , SIN KIN G FU N D S, Et c .—The subjoined statem ent
sh ow s Staunton’s total m unicipal debt and the sinking fu nd held by the
o ity against the same, on the 1st o f A p ril o f eaoh o f the last three years.
1892.
1891.
1890.
T ota l funded debt............................... $384,400
$326,400
$324,400
Oinking fu n d s...................................... 105,053
95,640
86,980
Net d ebt......................................... $279,347
$230,760
$237,420
F loatin g d e b t ................... .................. None.
None.
None.
On A p ril 1 1892 the sinking fund held $104,500 o f the c ity ’ s bonds
And it receives yearly 1 per cent o f the city ’ s debt.
C IT Y P R O P E R T Y .—The total value o f all prop erty ow ned b y the
C ity o f Staunton, as assessed b y the com m ission appointed b y the
O ity Council on June 2, 1891, was $281,400, includ ing the w ater
works, valued at $173,000.
D E B T L IM IT A T IO N .—The city ’ s debt is lim ited b y la w to 15 per
ce n t o f the assessed valuation o f real estate and 17 per cent o f personal
property.
A S S E SSE D V A L U A T IO N .—The city ’ s assessed valuation (about 80
p er cent o f cash value) and ta x rale have been as fo llo w s :
Years.
1 8 91......................
1 8 9 0 ................... .
1 8 89........................
1 8 87........................

POPULATION

R eal
Personal
Tot. Assessed Oity Tax
Estate.
Property.
Yalualion. p. $1,000.
$1,996,525 $2,106,455
$4,102,980
$12-50
............
......................
.............
12-50
1,844,034
1,462,927
3,306,961
12-50
1,796,284
1,186,673
2,982,957
12-50
in 1890 was 6,975; in 1880 it was 6,664.

Kansas City’s Bonds.—The citizens of Kansas City decided
by a large majority at an election on April 5th to issue $3,000,000 of 4% per cent gold water bonds. On April 9th a suit was
instituted by a local banker to enjoin the city from issuing
the bonds and to annul all the proceedings which have been
taken in the matter. The recent vote is attacked because no
proclamation was ever issued for the special session of the
Common Council at which the ordinance calling the election
was introduced and passed. It is further held that under the
laws of Missouri such bonds can only be voted at a special
■election, while this vote was taken at a general election. Still
another objection is that a former issue of $2,000,000 still re­
mains uncanceled, so that the new issue would increase the
city’s debt beyond the legal limit.
V irginia.—The Virginia Debt Bondholders’ Committee give
notice that securities will not be received after April 30 1893
by the depositaries, under the agreement of May 12 1890 and
the plan and proposition of November 28 1890. The Commit­
tee of Distribution will take action after the books of the com­
mittee are closed, in accordance with the terms of the plan
and proposition of November 28 1890.

Bond Proposals and Negotiations.—W e have re
ceived through the week the following notices of bonds
recently negotiated and bonds offered and to be offered for
sale.
Alameda, Cal.—(State and City Supplement, page 147.)
— The Alameda Improvement Association has recommended
that the city issue bonds for $500,000, the proceeds of the loan
to be used for laying out a park along the entire bay side of
the peninsula.
Albany, Ga.—The city of Albany will vote April 19 on the
issuance of $i00,000 of 6 per cent water works bonds.
Austin, Texas.—(State and City Supplement, page 179).
The City Board of Public Works has accepted for the city,
subject to ratification by the Council, the offer of the Kansas




657

City Trust Company to purchase $500,000 of the city’s dam
and water works bonds. Tne bid is about equivalent to par.
This makes $1,000,000 of the issue of $1,400,000 of the bonds so
far sold.
Avondale, Ohio.—(State and City Supplement, page 85.)
—Proposals for the purchase of $24,000 of 5 per cent school
bonds will be received by the Board of Education of Avon­
dale until May 7 1893. The bonds will be for $500 each, and
will fail due at the rate of $3,000 per annum, beginning on©
year after their date of issue.
Brigham City, Utah.—An injunction has been issued re­
straining Brigham City from issuing bonds in excess of $24,000. The Court fixed the limit at the above figure, because
that amount would be 4 per cent of the value of taxable
property in the town, which is the statutory limit.
B rooklyn, N. Y —(State and City Supplement, page 48.—
Bids will be received until April 27 for $1,000,000 of 3% per
cent New York Sc Brooklyn Bridge bonds, to mature $100,000
semi-annually on the first of January and July from January
1 1933 to July 1 1927 inclusive. A t the same time $40,000 of
registered New York Sc Brooklyn Bridge bonds, maturing
July 1 1922, will be sold.
Buffalo, N. Y. (State and City Supplement, page 49.)—
»
Comptroller Joseph E. Gavin of the city of Buffalo will re­
ceive proposals until April 18 1892 for the purchase of school
bonds to the amount of $150,000. These bonds will be dated
April 11892, bear interest at the rate of 3% per cent per
annum, and the principal will mature on April 1 1912. The
city’s net debt on April 1 1892 was $11,240,626.
Cleveland, Ohio.—(State and City Supplement, page 85.)
There were thirteen bids for the $400,000 o f 4% per cent water
bonds maturing April 1 1902. The loan was secured by Seasongoo i & Mayer, of Cincinnati, and the bonds will be found
advertised elsewhere in this department.
Etna, Pa.—On April 12th the citizens of Etna voted to in­
crease the borough indebtedness $25,000.
Evansville, Wis.—At a recent election in this village the
proposition to bond for water-works was defeated, but a city
hall loan of $7,000 was authorized. The bonds will bear in­
terest at the rate of 5% per cent and run for 14 years.
Fitchburg, Mass.—(State and City Supplement, page 25.)
—The City Treasurer of Fitchburg has been authorized to issue
30-year 4 per cent bonds to the amount of $300,0 i0.
Flashing, N. Y.—(State and City Supplement, page 51.)
— The new issue of 4 per cent bonds of the village of Flush­
ing to the amount of $20,000 has been sold to Daniel A. Mo­
ran & Co. of New York. The price paid for this loan was
101*77. Bonds mature at the rate of $1,000 per annum, and
interest is payable in April and October.
Fort W orth, Tex.—(State and City Supplement, page
180).—Blair & Co. of New York are the purchasers of the
$65 »,000 of 30-year 6 per cent gold bonds of Fort Worth issued
for water works purposes. The price was 101% and accrued
interest.
Glenwood, Iowa.—Water-works bonds to the amount of
$10,C O have been sold Messrs. Spitzer & Co. o f Boston. The
O
bonds bear interest at the rate of 6 per cent per annum and
run for 15 years. A premium of $61150 was paid for the
loan.
Griffin, Ga.—The people of Griffin have voted to issue
$10,000 of 6 per cent bonds which shall fall due at the rate of
$1,000 per annum from Jan. 1 1907 to Jan. 1 1916, inclusive.
Hackensack, N. J.—The $25,000 of 5 per cent bonds offered
by this town were sold on April 11th at 102-2.
Jacksonville, Fla. (State and City Suppdement, page
171)—A resolution is pending in the Common Council of this
city to call $10,000 of its sanitary improvement bonds, which
fall due January 15, 1898.
Malden, Mass.—(State and City Supplement, page 28.)
—The common council of Malden has voted to issue $20,000
of water bonds and sewer bonds to the amount of $50,000.
New Haven, Conn.—(State and City Supplement, page
42). The Board o f Education of the New Haven City School
District will receive bids until April 29 1892 for a loan of $70,000 in bonds of $1,000 each, dated May 1 1893. The bonds
will bear interest at the rate of 4 oer cent per annum and the
principal will be payable May 1 1924. The selectmen of the
tow n o f N ew H a ven have voted to pay $50,000 o f the 4 per
cent Quinipiac Bridge bonds, which mature in 1902. They
will be immediately called.
North Tonawanda, N. Y.—Village sewer bonds to the
amount of $30,060 have been authorized and will soon be of­
fered for sale.
Ponca, Iow a.—This city has sold water bonds to the amount
of $10,000.
Queens County, N. Y. (State and City Supplement, page
57 .,— Bids will be received until April 29 by the Treasurer o '
Queens County for $100,000 of an authorized issue of $400,000
of 4 per cent gold bonds due May 1 1922. These bonds art
a charge upon the taxable property of the town of Jamaica, &&
and are issued for the purpose of providing a complete system
gof macadamized roads in that town. The assessed valuation
of Jamaica on a basis of 40 per cent is $7,413,000, and the town’s
bonded debt is about $35,000.
Racine, Wis.—(State and City S upplement, page 109).
Messrs. Gay Sc Stanwood, of Boston, were the highest bidders

THE

r 658

V oi . LTV

C H R O N IC LE .

STATE AND CITY DEBT CHANGES.
for the new 5 per cent 20-year loan amounting to $104,000.
The award, however, was not announced.
We subjoin reports as to municipal debts received since the
Beading, Pa.—(S t a t e a n d C i t y S u p p l e m e n t , page 76).— publication last week of our S t a t e a n d C i t y D e p a r t ­
This city has sold $75,000 of water bonds, for which a total
m e n t .' Some of these reports are wholly new and others cover
premium of $2,377 80 was paid.
Richmond, Ya.—'The Finance Committee of the City Coun­ terns of information additional to those given in the S u p p l e ­
cil has been authorized to issue $100,000 of 4 per cent bonds m e n t , and of interest to investors.
for the further construction of the City Hall. See full detailed
Illin o is—Beardstown.— (S t a t e a n d C i t y S u p p l e m e n t ,
statement of the city’s debt elsewhere in this Department.
page 98.)—W e give below a statement of the debt of Beards­
Saginaw, Mich.—(S t a t e a n d City S u p p l e m e n t , page 105.)—
By a vote of 17 to 13, the city council of Saginaw, Mich., town as reported to us this week by Mayor H. M. Schmoldt.
This city is situated in Cass County.
passed a resolution to issue bridge bonds to the amount of
$ 200,000.

Salt Lake City, Utah.— (S t a t e a n d C i t y S u p p l e m e n t ,
page 143.)—The 5 per cent 20-year gold school bonds of bait
la k e City to the amount of $150,000 were sold to Messrs. E.
H. Rollins & Sons, of Concord, N. H., at a premium of $1,041 65.
Saratoga Springs, N. J —(S t a t e a n d C i t y S u p p l e m e n t ,
page 58).—This village has recently sold $55.000 of 4 per cent
village hall bonds at a total premium of $1,412 52. The Legis­
lature has authorized an issue of $80,000 more of these bonds.
Shoshone County, Idaho,—(S t a t e a n d C i t y S u p p l e m e n t ,
page 140.)—A call has been issued by the Board of County
Commissioners of Shoshone County for the 8 per cent funded
debt bonds to the amount of $152,500. These bonds were is­
sued subject to call after April 1 1892, and they will be paid on
May 1 1892 at the office of Kountze Bros, or Farson, Leach
& Co., New York. Interest on the bonds will cease after May
1 1892.
Sing Sing, N. Y.—(S t a t e a n d C i t y S u p p l e m e n t , page 58).
—The issue of bonds for a Sing Sing water supply has been
authorized by the Legislature.
Washington County, Md.—A bill has been introduced in
the Legislature authorizing the Washington County commis­
sioners to issue $10,000 of school bonds of Hagerstown, Md.
W estport, Mo.—At a recent election in Westport a proposi­
tion to issue $10,000 of school bonds was carried by a vote of
460 to 20.

LOANS—
When Due.
R efunding B onds—
5s, J&J, $ 1 05,0 00.. .$5,000 yearly
Interest payable b y State Treasu’r.
B onded debt Mar. 1 ’ 92.$105,000

T ax valuation 1891......... $ 3 51,9 00
Assessm ’t about 15 p. o. act. v alu e.
T otal ta x (per $1,000).............$ 7 ‘43
P opu lation in 1890 w a s......... 4 ,2 2 0
P opulation in 1880 w a s___ ..3 ,1 3 5

Massachusetts—Peabody.—(S t a t e a n d C i t y S u p p l e m e n t ,
page 31). Town Treasurer Nathan H. Poor has sent us a re­
port by which the following statement of debt and assets is
corrected to date.
This town is in Essex County.

LOANS—
'— Interest.— ,
------ -P rin cip a l.
NAME AND PURPOSE.
P. Ot. Payable. When Due. OutstandVg.
$7 5,00 0
T ow n bouse bon ds..................... 4
M & N N ov. 1, 1892
----------1 4 8 ,0 0 0
----T ow n n otes.................................. —
85,000
W ater b o n d s .........................
4
M & N N ov. 1, 1911
(Subject to call after Nov. 1 1896)
INTEREST on the T ow n H ouse and w ater bonds is paid b y B rew s­
ter, Cobb & Estabrook, B oston, Mass.; on the tow n notes at the c ity
treasury.
TO TA L DEBT, E T C .— Total debt Jan. 15 1892 was $3 08,0 00,
including w ater debt o f $1 19,0 00; sinking fu nd assets, $8 2,41 8; net
debt, $225,582. Sinking fund in 1891 received $18,600.
ASSESSED VALUATION.—In 1891 assessed valuation (same aa
actual value) w a s : R eal estate, $4,906,250; personal p rop erty ,
$2,534,950; total, $7,441,200; ta x rate (per $1,000), $15‘60.
POPULATION.—In 1890 population w as 10,158; in 1880 watt
9,028 ; in 1870 w as $7,343.

N E W LO A N S .

N E W LO A N S .

C IT Y OF

V IR G IN IA D E B T .

F IN A N C IA L .
Investments in the South.

Exchange Banking &
Trust Company,

The undersigned Bondholders’ Committee
hereby give n otice that 1-E C U R IT IE S
S T .
L O U I S
W I L L NOT BE RECEIVED B Y T H E DE­
P O S IT A R IE S DN OER TH E BONDH OLD­
CHARLESTON S. CM
E RS’ AG REEM EN T OF M A Y 12, 1 8 9 0,
T ran sacts a G eneral Banking and T rust
AND T H E PLAN AND PRO PO SITIO N OF
NOV. 2 8 , 1 8 0 « . A F T E R A P R IL 30, 18 9 2. Business. Savings Departm ent. Interest
The Commission o f D istribution w ill take A llow ed on Deposits.
D a e N o v e m b e r , 1911.
Investments made (at usual rates of commission)
action a fter the books o f tfie Committee a re
n safe and reliable interest-paying Southern secur­
closed, In accordance w ith the terms o f the ities, and 1st mortgage loans on improved city and
town real estate. Correspondence solicted as to all
P r i n c i p a l a n d I n t e r e s t p a y a b le In Plan and P roposition of Nov. 2 8 , 1 8 9 «.
Southemi nvestments. Being within easy reach
N EW Y O R K , A pril 13, 1892.
of all parts of the South thorough and careful Inves­
tigation can be made of intended Investments or
L o n d o n I n S t e r lin g , o r I n N e w Y o r k
F R E D E R IC P. O LCOTT,
purchases.
C H A R L E S D . D IC K E Y , J r .,
^OFFICERS.
I n U . S. G o ld C o in .
W IL L IA M L . B U L L,
GEO. B. EDWARDS, President."
HUGH B . GARDEN,
P. N. PICKENS. Cashier.
H. C. WHILDEN, Secretary and Treasurer.
H E N R Y BUDGF,
PRICE AND PARTICULARS UPON APPLICA­
J. LAMB PERRY, Solicitor.
JOHN G IL L ,
8MYTHE & LEE, General Counsel.
TION.
Bondholders’ Committee.
DIRECTORS?.
G. S. ELLIS, Secret ry,
A. S. J. P e r r y , o f Johnston, Crews & Co., wholesale
61 Wall ctreet, Ne w York.

GOLD

4Sj

Blake Brothers & Co.,
28

state

:

s t r e e t

,

boston

.

5 N ASSAU S T R E E T , N E W Y O R K .

IN V E S T M E N T

BONDS

P er Cent 1 0 -1 5 yea r F irst M ortgage
G old Bonds.
TR U STE E —
TH E S T A T E T R U S T CO.,
No. 5 0 W a ll Street, New Y o rk City.

6H

PARTICULARS UPON APPLICATION.

The Gurley Investment
Company,
D ENVER, COLO.
C a p ita l a n d S u r p lu s ,

-

$ 5 0 0 ,0 0 0

Seattle, Washington.
1 0 Per Cent City and County W arrants,
9 P er Cent F irst M ortgage Loans.
8 P er Cent School Bonds.
CORRESPONDENCE SOCMITED.

The L. H. Griffith Realty &
Banking Company.




NOTICE TO
H O L D E R S OF
GAGE
COUNTY, N E B R A S K A , COUN­
T Y BiJNDS.

dry goods.
W tlliam M. B i r d , of Wm. M. Bird & Co., wholesale
paints and oils.
J a m e s A l l a n , o f James Allan & Co., jewelers.
J. H. F. K o e n i g , with Knoop, Frerichs & Co., cotton
exporters.
Geo. B. E d w a r d s . Pres. Electric Light & Power Co

W h e r e »s. The County of Gage, State of Nebras­
ka, on the first day of January, A. D., 1892, did duly
ana legally issue fllty (50) Coupon Refunding Bonds,
denominated Series “ A,” of one thousand ($1,000)
dollars each, numbered consecutively from one to
FIRST MORTGAGE GOLD BONDS,
fifty Inclusive. baid bonds payable to bearer on the
Am ounts $ 5 0 « to $10,0U 0.
first day of July, A. D. 1912, with interest at the
rate of five per cent per annum, payable semi-annu­
00LD DEBENTURE BONDS,
ally ; issued for the purpose of refunding one series
of Bonds heretofore issued and dated the first day
5, 7 and 1 « Years.
of July, A. D. 1871, for the sum Of fifty thousand
($50,u00) dollars, and accruing and unpaid interest, ATLANTIC TRUST CO., NEW YORK, TRUSTEE!
and issued to the Omaha & Southwestern Railroad
Company to aid in the construction of said railroad
Am ounts $ 1 « « to $ 1 , « « « .
Into said County of Gage.
,
A FEW CHOICE
T h k k e e o k e , Notice is hereby given to all of the
holders of the series of Fifty Bonds of one thousand
7 PER CENT FIRST MORTGAGES.
($1 ,000) dollars each, numbered consecutively, from
one to fifty inclusive, and now past due, issued here­
Write for Description.
tofore by the county of Gage, State o f Nebraska,
and dated the first day of July, A. D. 1871, to the
Omaha & Southwestern Railroad Company as afore­
said; and that you shall present the same for ex­
change and substitution at K«>U N TZK HR O T H ­
1 5 0 B R O A D W A Y , NEW Y O R K .
E R S . Bankers, 120 Broadway, New York City, on
Or before the 29th day of April, A. D. 1892.
The Board o f Supervisors of Gage County,
[S e a l .]
Nebraska.
Attest:
By ALEXANDER GRAHAM,
A. G. KEIM,
Chairman of the Board of
County Clerk.
County Supervisors.

6 % IN V E S T M E N T S 6 %

Lombard Investment Co*
$ 5 0 ,0 0 0

City Cheyenne, Wyoming,

T H 0 9 1A .» B R A N C H & C o .,

3 9 -Y E A R 6 PE R CENT G OLD W A T E R
AND S E W E R REFU N D IN G BONDS.

BANKERS AND COMMISSION MERCHANTS

Interest and Principal payable in New York City.
Price and particulars on application.

R IC H M O N D , V IR G IN IA .
Circulars and Information on funding the debt! cj
Virginia and North Carolina free o f oost; one-aghtl
per rant charged for funding. Southern Railroaf
and State and City Bond* bought and sold

C. H. W H IT E & CO.,

NEW Y O R K ,
72 «S 7 4 B ’ w a y.
e

TACOM A, W A S H .,
M erchants’ Nat. Bk.' B dg.

A p r il

THE

16, 1892.]

Michigan—Iron Mountain—(S t a t e

and

Cit y Su pple m e n t,

page 104.)—The subjoined debt statement has been received
this week from James Orrison, City Treasurer, and it shows
the details of Iron Mountain’s liabilities on April 1 1892.
This city is in Dickson County.
Total debt Apr. 1 1 8 9 2 .. $81,000
LOANS.
When due.
Sc h o o l B

on d s-

68, Mar. 1, $ 2 7 ,0 0 0 .................1892
(Abt. $3,000 due yearly) to 1902
6s, Mar. 1, $9,000...................... 1802
($1,000 due y e a rly ).......... to 1900
St r

Se

eet and

w e r

B

o n d s—

6s, Jan. 1, $9,000............ ; ___ 1892
($1,000 due y e a rly )......... to 1900
6s, Feb. 1, $6 ,000...................... 1897
6s, Feb. 1 ,1 0 ,0 0 0 ....................... 1902
6s, Feb. 1 ,2 0 ,0 0 0 ....................... 1907
INTEREST on the $9,000 bonds
all others in N ew Y ork City.

Valuation, <tc.
T ax valuation, real.........1,800,000
T ax valuation, personal. 100,000
Total valuation 1892___ 1,900,000
Assessment about % actual value.
State ta x (per $ 1 ,0 0 0 )...
$1*66
County ta x (per $1,000).
8'50
City ta x (per $1,000).......
8'83
A verage school t a x .........
17'66
Population in 1890 w a s.........8,599
P opulation in 1880 w a s...................
is payable at the city tre a su ry ; on

Missouri—Morgan County—(S t a t e

and

C i t y Su p p l e m e n t ,

page 121.)—County Treasurer W . T. Stephens sends us the
following details of Morgan County’s finances on April 1,
1892.
County seat is Versailles.
LOANSWhen due. F loating d eb t................... $10,000
Co m

p r o m is e

—

6s, A pr., $ 2 7 ,5 0 0 „ ....A p r .
Subject to call after A pr.
6s, A ug., $107,700......Aug.
Subject to call after Aug.
Co

u r th o u se

B

7 1899
7 1889
11903
11893

on d s—

6s, A&O, $10,500....... Apr. 1 1 9 0 9
Subject to call after Apr. 1 1 8 9 0
B onded debt A p r .l 1892.$145,700
INTEREST is payable at county

Total debt Apr. 1 1 8 9 .2 .. 155,700
T ax valuation, rea l......... 1,575,878
T ax valuation, personal. 767,135
T otal valuation 1 8 9 2 ... 2,343,013
A ssessm ent is
actual value.
State ta x (per $1 ,000 )..
$2'50
County tax (per $1,000)
lO'OO
4*70
A verage school t a x .........
Population in 1890 w a s....... 12,311
treasury.

New Jersey—Bergen County.—(S t a t e

and

Pennsylvania—Coatesville.—(S t a t e

T otal valuation 1891___ 1,495,555
Assessment is % actual value.
County ta x (per $1,000).........$2’50
City ta x (per $ 1 ,0 0 0 ).............. 6'00
R e p a v in g St r e e t s —
4s, J&J, $19,300. .W ithin 30 years A verage school t a x ................. 6 -00
Total debt Mar. 1 1 8 9 2 .. $96,280 Population in 1890 w a s......... 3,800
T ax valuation, rea l.........1,477,750 Population in 1880 w a s......... 2,766
INTEREST on the refunding bonds is payable b y Townsend, W helen
& Co., P hiladelphia; on the street repairing bonds at the N ational
:
Bank o f Chester Valley, Pa.
WATER W O R K S .—The borough owns its w ater w ork s; cost o f con ­
struction, $60,000.
R

e f u n d in g

B

on d s—

Pennsylvania—Sharon.—(S t a t e a n d C i t y S u p p l e m e n t ,
page 77.)—This report from Sharon has been sent us by A.
McDowell, Borough Treasurer.
Sharon is in Mercer County.
LOANS—
When Due. T otal debt Mar. 7 1 8 9 2 .. $56,500
T ax valuation 18 92......... 2,500,000
Assessment is *2 actual value.
County ta x (per $ 1 ,0 0 0 )..— $ 3 ‘00
City ta x (per $1,000).............. 9 '00
St r e e t I m p o v e m e n t B o n d s —
410s, M&N, $5,000.......Nov. 1 1 8 9 8 A verage school t a x ................. 8 "00
Int. payable at borough treasury P opulation in 1890 w a s.........7,459
O P T I O N A L .—A ll o f the above bonds are subject to call at the option
B

orough bon ds—

5s. M&N, $50,000.........M ay 1 1 9 0 5
5s Nov.,
1,5 00......... Optional

o f the Council.

Pennsylvania, Johnstown.—(S t a t e a n d C i t y S u p p l e m e n t ,
>age 78.)—The following statement of Johnstown’s debt has
>een sent in by City Comptroller John Dowling.
This city is us Fulton County.
Valuation, < c.—
G
LOANS—
When Due.

C i t y Su p p l e ­

Interest payable in Johnstown.
B onded debt Mar. 1 ’92. $184,600
City has no floating debt.
T ax valuation 18 92.. .$11,789,000
O l d B o r o u g h B onds—
s,
, $ 4 4 ,6 0 0 ............................... Assessment is % actual v a lu e ..
T ax rate (per $1,000)..............$ 5 ‘00
R iv e r I m p r o v e m e n t B on d s—
s. M&N, $40,000....... M ay 1 ,1 9 2 1 P opulation in 1890 w a s.......21,805
¿..tVcnl
„*11 9tf,fir M av 1. 1896 Population in 1880 w a s-----, 8,380
H

& B

ig h w a y

r id g e

B

o n d s—

s, J&D, $ 1 0 0 ,0 0 0 ... .June 1 ,1 9 2 1
Subject to call after June 1,1901

T ax valuation, person’l 1,879,529
B o u n t y B o n d s ($500)—
7s, J&J, $ 1 5 6 ,0 0 0 ...................1892 Total valuation 1891.. 19,160,101
($12,000 due yearly) to 1904 Population in 1890 w as...... 47,226
T otal debt Mar. 1 18 92...$ 1 5 6 ,0 0 0 Population in 1880 w as...... 36,786
INTEREST is payable at the Hackensack Bank, H ackensack, N. J.

S T. L O U IS .

SOU TH ER N .

F IS H E R

Su p p l e

4s, J&J, $76,980........................1911
Subject to call after 1901

page 68.)—The following report is corrected to date.
The county seat is Hackensack.
LOANS—
When Due. T ax valuation, real— $17,280,572

8 5 0 0 ,0 0 0

Cit y

and

pnge 72.) —
The following statement contains informa­
tion received this week concerning Coatesville’s debt.
This borough is in Chester County.
17,805
LOANS—
When Due. T ax valuation, personal.

MENT,

m ent,

M IS C E L L A N E O U S .

659

C H R O N IC L E .

SAM’L A. GAYLORD,

&

JNO. H . BLESSING.

SH AW . Gaylord, Blessing & Co.,

City of Spokane, Wash.,

Baltimore, Maryland,

B A N K E R S AND B R O K E R S,

30-YEAR 6 P E R CENT

DEALERS IN

WESTERN SECURITIES AND

GOLD BONDS.
Interest and principal payable in gold coin of pres­
ent standard of weight and fineness.
We commend this loan as a desirable investment
for trust money.
Price and particulars on application.

FA R SO N , L E A C H & CO.,
CHICAGO,
T3 D earborn Street.

M U N IC IP A L B O N D S ,
Netting the In vestor from 4 per cent to 8
per cent. W rite fo r C ircu lar.

E. H. Rollins & Sons,
CONCORD, N. H .

Hayes & Sons,
BANKERS,

Dealers in MUNICIPAL BONDS.

Street Railway Bonds and other high grade In­
vestments.
1 4 3 S u p e r io r S t .,d
jq W A L L STREEX>

7 E x ch a n g e

P lace^

NEW YORK.

Gable Address, “ KENNETH.”

Lamprecht Bros. & Co.,
BANKERS,

MUNICIPAL

BONDS

BONDS.

Issues o f Corporations Possessing
Strong Municipal Franchises.
EXECUTED

Davenport & Co.,
B A N K E R S

AND

B R O K E R S ,

RICHMOND, VIR GINIA.
E S T A B L IS H E D , 1800.
Correspondence solicited and information fur­
nished about Southern State, Municipal and Rail­
road Investment Securities.
___ „
_
New York Reference—CHAS. M. FRY, Esq„ Fresl
dent Bank of New York. N. B. A.

C. W. Branch & Co.,
BANKERS AND BROKERS,
St a t e

b a n k b u il d in g ,

I d W a ll Street, NEW Y O R K .
BOSTON
CH ICAGO.




ST. LOUIS.

Geo. M. Huston & Co.
BOND AND S T O C K DEAL ERS.
W e buy and sell outright all Western
Municipal Bonds and Stocks. W «
»
chee fully furnish full and reliable In­
formation concerning ,any Western se­
curity without charge. Monthly quo­
tation circular mailed to all applicants,
New issues of municipal bonds wanted.
3 0 5 P IN E S T R E E T , S T . L O U IS , M O .

M IS C E L L A N E O U S .

Union Loan & Trust Co
SIOUX C IT Y , IOW A.

R I C H M O N D , [VA.
INCORPORATED 1885.
Private wires connecting with Washington, Balti­
more. Philadelphia, New York, Boston and Chicago. C A P IT A L , P aid Up in C ash....8 1 ,0 0 0 ,0 0 0
New York Correspondents : Messrs. Moore & S U R P L U S........... ...........................
1 7 5 ,0 0 0
Schley and Prince & Whitely

A . Strassburger,
STOCKS & BONDS B R O K E R .

Montgomery, Ala.

N . W. H A R R IS & CO.,

BOND AND ST O C K B R O K E R S ,

B A L T IM O R E STOCK EX CH A N G E .

SOUTHERN INVESTMENT SECURITIES.

B O U G H T AND SOLD.

Ch a r l e s H o d g m a n

Whitaker & Hodgman,

ON TH E

B o s t o n , M a s s ., 5 3 S tate [Street.
N e w Y o r k , 11 W a l l S treet-

BONDS.

A SPECIALTY.

3 0 0 N o r t h F o u r t h S tree t,

CASH O R D ERS

C le v e la n d , O lilo , P e r r y -P a y n e H ’ ld ’ g

CITY AND C O U N TY

HIGH GRADE MUNICIPAL BONDS
Ed w a r d s W h i t a k e r .

AND IN THE

NEW Y O R K ,
2 W a ll Street.

H IG H GRADE

W. J .

M UNICIPAL

ST. LOUIS.

Mortgage Loans
IN

TEXAS.

DEALERS IN HIGH-GRADE COM­
MERCIAL PAPER,

A supply of w hich it alw ays has on hand fo r
sale a( Current R ates.
M U N ICIPAL, CORPO RATIO N AND
SCHOOL BONDS.
No Stronger L oan and Trust Company In
the W est. Correspondence solicited.
GEO. L . J O Y , Pres.
A . » , G ARRETSO N , Y lce-P res.
E. R . SM IT H , Sec’ y.
Prompt Attention Given to Collections.

T H O R O U G H CIPHER CODE^

Secresy Device Perfect: Copious,Blanks: Handy Slse
(8 1 .5 0 each.) (8 3 .0 0 pair.) (8 1 5 .0 0 doas.)
NO COMMISSIONS charged borrower or lender unt!
loans have proven good.

FRANCIS SM ITH & CO.,
SAN ANTONIO, T E X A S .

G E T IT FRO M
P U B L IS H E R S ,

BU R N Z & CO.
8 4 Clinton P i.

or

C. BURNZ,
5th F lo o r,
33 W a ll St,

660

THE

C H R O N IC LE .

[V ol . LTV,

T A X F R E E .—The bonds o f this city are exem pt from taxation.
torand Bapids, Mich.—(S t a t e a n d Ci t y S u p p l e m e n t , page
C I T Y P R O P E R T Y .—The estim ated value o f real estate and per­
104.)—On April 9 bids were opened for 4 % per cent school
sonal prop erty ow ned b y the oity Jan. 1 1 8 9 0 w as $722,128.
bonds to the amount of $113,000. The loan was sold
Pennsylvania—South Bethlehem.—(S t a t e a n d C i t y Sup ­
to Messrs. Blake Bros. & Co., o f Boston, for a premium of
$8,938 30. The good credit of the city is shown by the fact p l e m e n t , page 77.)—The subjoined statement of South Beth­
that there were in all seventeen bids for this loan, the pre­ lehem’s debt, assessed valuation, &c., is corrected to March 1,
miums offered ranging from $1,670 10 to $8,938 30. The bonds 1892, and it furnishes many details which we were unable to
give in our S t a t e a n d C i t y S u p p l e m e n t .
will be issued on June 1 1892 and will mature as follows:
This borough is in Northampton County.
Am ount.
When Due. I $ 2 3 ,0 0 0 ..................................... 1909
$2 5,00 0........................................1906
12,000........................................1910
LOANS—
When Due.
Total debt Mar. 1 1 8 9 2 ... $104,500
25 ,000........................................1908 1 28,000................ . ....................1912
T ax valuation 1891......... 4,486,000
Assessment abt. 66 p. c. act. value.
State ta x (per $1 ,000 )___. . . .$3 50
County ta x ($1,000)............... 2 50
R e d e m p t io n B o n d sB orough ta x (per $1,000)___ 5 50
48, F&A, $69,500........Aug. 1 1916 A verage school t a x ................. 5 50
in t. payable at borough treasury.
P opulation 1890 w as............10,302
O P T IO N A L .—A ll the above bonds are subject to call fifteen years
after date o f issue at the option o f the borough.
P

Pennsylvania—Chambersburg.—(S t a t e a n d C i t y S u p p l e ­
page 72.)—The statement of this borough’s debt, given
below, has been furnished ns by Eldridge J. Black, Treasurer.
Chambersburg is the county seat o f Franklin County.
LOANS—
When Due. W ater debt (included).... $66,000
m ent,

T ax valuation 1892......... 2,102,000
Assessment is % actual value.
State ta x (per $1,000 ).............$4-00
4 ‘3s, J&J, $ 1 0 ,0 0 0 ....Jan. 1 ,1 9 0 5 County ta x (per $1,000)......... 4 -00
B ond ta x (per $1,000 )............ 5*00
W a t e r B on d s—
4*28, J&J, $31,000.......Oct. 1 ,1 9 1 9 B orough ta x (per $1,000)___ 4 ,00
4s, J&J, $ 3 5 ,0 0 0 ... .Jan. 1 ,1 9 2 1 A verage school t a x ................. 8 -00
T otal debt Jan. 20 1892..$122,500 P opulation in 1890 w a s.........7,863
T A X FREE—AH bonds o f this 1 arough are free from local ta x and
th e 4 per cent w ater bonds are exem p t from all taxation.
B

e

orough

,

s

E

B

on d s­

A&O, $46,500___Oct. 1 ,1 9 1 9

l e c t r ic

L

ig h t

B

I

m provem ent

B

on d s—

4s, J&J, $ 1 5 0 ,0 0 0 ... .1901 to 1906
ater

B

St r e e t I m

p

. B

ond s.

o n d s—

Pennsylvania—Altoona.—(S t a t e a n d C i t y S u p p l e m e n t ,
page 71.)—The following report of the city’s debt and valua­
tion in' ludes latest items of information received this week
from Treasurer H. E. Ferguson.
Altoona is in Blair County.
LOANSWhen Due. Net debt Apr. 1 1 8 9 2 ... $433,510
W

erm anent

4s, A&O, $15,000........Apr. 1 1 9 1 9
4s, A&O, 15,000........Apr. 1 1 9 2 0
4s, J&J,
5,000........ Ju ly 1 1 9 2 1

on d s—

4s, J&J, $ 2 5 9 ,0 0 0 ... .1901 to 1906
B onded debt Apr. 1 1 892.$40 9,00 0
Floating debt...................... 30,000
Total d e b t.............
439,000
Sinking fu n d ...............
5,490

T ax valuation, real, ’92.14,000,000
Personal property not assessed.
Assessment abt. 2-3 actual value.
County ta x (per $1,000).........$4 50
City ta x (per $1,000).............. 7 50
A verage school t a x ................. 6 00
Population 1890 w a s............30,337
Population 1880 w a s............ 19,710

C H IC A G O .

Pennsylvania, To k.—(S t a t e a n d C i t y S u p p l e m e n t , page
77.)—W e give below a statement of the finances of this city
on March 1 1892, the new facts having been furnished us this
week by R. H. Shindel, City Treasurer.
York is the county seat of York County.
Interest is p ayable at Y ork, Pa.
LOANS—
When Due.
Valuation, Etc.—
1 1 8 9 4 B onded debt Mar. 1 ’92. $145,000
1904 F loatin g debt.................
6,000
2 1905 Total debt........................
151,000
1907 Sinking fu nd...................
10,000
1908 Net debt M ar, 1 1 8 9 2 ...
141,000
1 1 9 1 0 T ax valuation 1890___ 10,602,366
1 1 9 1 5 Total ta x (per $1,000)............ $9‘50
H ig h w a y & P e r . I m p . B o n d s—
Population in 1890 w as.......20,793
4s, M&S, $27,000......... Mar. 1 1 9 1 7 P opulation in 1880 was....... 13,940
The bonds are all subject to call.
H

4s,
4s,
4s,
4s,
4s,
4s,
4s,

ig h w a y

Im

p

. B

on d s—

Aug., $11,000......... Aug.
J&D, 20,000.........
Nov., 20,000.........Nov.
M&S, 20,000.........
A&O, 20 ,000.........
F&A, 17,000......... Feb.
F&A, 10.000......... Feb.

C IT Y P R O P E R T Y .—The city owns public buildings and available
assets am ounting to $43,543.

C H IC A G O .

C H IC A G O .

Title Guarantee & Trust The Jennings Trust Co., The Merchants’ Loan &
1 8 5 D E A R B O R N S T ., C H I C A G O .
Trust Company,
Company
OF C H I C A G O ,

$500,000
CAPITAL, PAID U P , --------S U R P L U S ,............................. $25,000

BANK
CHICAGO.

9 2 , 9 4 & 9 6 W ASHINGTON S T R E E T .
C orner D earborn and W ashington ¡Streets
Capital, paid -u p........................... $ 1 ,6 0 0 ,0 0 0
E S T A B L ISH E D 1 8 3 7 .
NEGOTIATES GROUND RENTS in the City of
Undivided earnings, including
surplus.............. .................... ....
2 2 0 ,0 0 0 ! Chicago. Takes entire charge of estates. Acts as Capital (p a id in )..........................$ 2 ,0 0 0 ,0 6 0
Deposited w ith State A uditor. .
2 0 0 ,0 0 0 agent for the registration and transfer of bonds and Surplus and undivided pi lilts... 1 ,3 0 0 ,0 0 0
stocks and the payment of coupons, interest and
$ 3 ,3 0 0 ,0 0 0
dividends. Authorized by law to receive and execute
GUARANTEES TITLES TO REAL ESTATE.

trusts o f every character from courts, corporations

J. W. DOANE, President.
P.

VOE. Vice-President

Offers in vestors in rea l estate securities and individuals. A legal depository for court and ORSON SMITH, Second Vice-President.
F. C. OSBORN, Cashier.
protection afforded by no other system o f trust funds.
F. N. WILDER, Assistant Cashier.
doing business.
INTEREST ALLOWED ON DEPOSITS of money,
TR U STE E S.
Is authorized by law to act as Registrar o f Stocks
and Bonds, Executor, Receiver and Trustee for
Estates, Syndicates, Individuals and Corporations.
Trust moneys and trust securities kept separate
from the assets o f the Company.

J .W . DOA.NE,
which may be made at any time and withdrawn after MARSHALL FIELD,
C. H. MCCORMICK,
-------------P. L. YOB.
five days’ notice, or at a fixed date.
JOHN DE KOVEN,
GEO. M. PULLMAN.
A. H. BURLEY,
TRUST FUNDS AND TRUST INVESTMENTS ALBERT KEEP,
E. T. WATKINS,
are kept separate and apart from the assets of the JOHN TYRRELL.
LAMBERT TREE,
ER8KINE M. PHELPS.
Company.
ORSON SMITH.

CORRESPONDENCE SO LIC ITED .
OFFICERS:
GWYNN GARNETT, President.
A. H. SELLERS, Vice-President.
ARCHIBALD A. STEWART, Secretary.
CHAS. R. LARRABEE, Treasurer.
DIRECTORS:
Gwynn Garnett,
Chas. W. Drew,
W. D. Kerfoot,
John P. Wilson,
George C. Walker,
Edson Keith.
John G. Shortall,
Geo. M. Rogue.
John DeKoven,
A. H. Sellers.
Samuel B. Chase,
COUNSEL:
W. C. Goudy,
John P. Wilson,
A. W. Green,
A. M. Pence,

Illinois Trust & Savings
Bank.
CHICAGO, ILL.
C A P IT A L AND SU R P LU S. - $ 3 ,2 3 0 ,0 0 0

DIRECTORS.
AZEL F. HATCH,
CHAS H. HULBURD,
M. W. KERWIN,
ANDREW C. LAUSTEN
8AAC N. PERRY,
MAURICE ROSENFELD
J. R. WALSH,
SAMUEL D. WARD,
OTTO YOUNG.
OFFICERS.
I. R. WALSH, President,
ISAAC N. PERRY, Vice-President.
SAMUEL D. WARD, Treasurer.
LYMAN A. WALTON, Cashier.
FRANKLIN HATHEWAY. Secretary
J . B . B r e e s e , Member New York Stock Exchange
D . M. C u m m i n g s , Member Chicago Stock Exchange

Breese & Cummings,
B A N K E R S AND B R O K E R S ,
111 A N D 113 M O N R O E S T R E B T ,

CHICAGO

Securities listed in New York, Boston or Chicago
carried on conservative margins.

Banking in all its Branches Transacted.
Foreign exchange bought an sold.
Travelers’ Letters o f Credit and Commerola
Credits issued, available in principal cities through­
out the world. Cable transfers made.
J. G. ORCHARD, Mgr Foreign Dept.
A. O. SLAUGHTER, Member N. Y. Stock Exchanga
WM. V. BAKER, Member Chicago Stock Exchange

A . O. Slaughter & Co.,
BANKERS,
1 1 1 -1 1 3 L A S A L L E S T R E E T ,

CHICAGO, ILLS.
Chicago Securities Bought and Sold.

Herman Schaffner & Co.
RANKERS,

COM M ERCIAL PAPER

IN TEREST ALLOW ED ON DEPOSITS.
S . W . C o r. D e a r b o r n & M a d is o n S ts .,
This Bank is directly under the jurisdiction and
supervision o f the State o f Illinois, is a LEGAL
DEPOSITORY for Court Moneys, and is authorized
CHICAGO, ILL.
to act as TRUSTEE. EXECUTOR. RECEIVER and
CHICAGO.
A8SIGNER for ESTATES, INDIVIDUALS and
CORPORATIONS.
P a id -u p C a p ita l.
$ 2 ,0 0 0 ,0 0 0
OFFICERS:
John J Mitchell, President.
S u r p lu s ,
.
.
.
7 **0 ,0 0 0
John B. Drake, Vice-President.
Wm. H. Mitchell, Second Vice-President.
113 D E A R B O R N S T R E E T ,
A regular Banking Business Transacted. Accounts
Wm. H. Reid, Third Vice-President.
James S. Gibbs, Cash’r. B. M. Chattell, Ass’t Cash’r. o f Banks and Bankers, Mercantile and Manufacturing
CHICAGO.
Firms or Corporations, received on favorable terms.
DIRECTORS:
Foreign Exchange Bought and Sold. Commercial
John McCaffery,
John B. Drake,
and Travelers’ Credits, available in all parts of the
H IG H G R A D E
L. Z. 1 eiter,
Wm. H. Reid,
globe, issued. Telegraphic Transfers made with all
Wm, H. Mitchell,
J ohn J. Mitchell,
principal European and Domestic Points. United
Wm. G. Hibbard,
J. C. McMullin,
INVESTMENT SECURITIES,
States and other first-class Investment Bonds dealt in.
D. B. Shipman, J. Ogden Armour,
Frederick T. Haskell.
Paying 8 per cent and 1 2 per cent fo r sale.'
Co r r e s p o n d e n c e s o l ic i t e d .




Union National Bank,

Henry C. Hackney,

A pril 18 is M j

THE

C H R O N IC LE .

T O T H E W ORLD’S W ONDERLAND.
SUMMER TOURS OVER THE NORTHERN PACIFIC RAIL­
ROAD AND WHAT THEY COST.
N o r th e r n P a c if ic R a il r o a d . —
The “ Great N orthw est 1 Thus is
”
the territory ly in g betw een the Great Lakes and P acific Coast com m only
designated. The prosperity and developm ent o i the Northwestern
States has been analogous to the prosperity and developm ent o f the
N orthern P acific Railroad. W ithin the space o f eight years the m ileage
o f this road has been doubled, and, including the W isconsin Central
lines, n o w a p ortion o f the N orthern P acific system under lease, a m ag­
nificent total o f 5,172 m iles is reached. A ll the m ost Im portant sec­
tions o f the N orthwest are penetrated b y its m ain and branch lines,
and so rapid has been the grow th o f the territory through w hich it
passes that tw o through trains are n ow required betw een its eastern
an d w estern term inals fo r the care o f its passenger traffic.
T r a in Se r v ic e an d E quipm ent .—It is perhaps in the excellen ce o f
its train service and equipm ent that the N orthern P acific R ailroad is
m ost fa vorab ly know n to the public at the present time. It has w ell
earned the title o f “ The Dining-Car L in e ;” its Pullm an service is u n ex­
celled ; first and second-class coaches are run on all express trains,
while settlers and holders o f second-class tickets are accom m odated in
the Free Colonist sleepers and Pullm an Tourist sleeping cars, w hich
are new , com fortable and neat. Tw o trains are run daily from St. Paul
and M inneapolis to M ontana and P acific Coast Points, w hich carry
through sleeping-ears from Chicago o v e r both the W isconsin Central
lin e and the C. M. & St. P. Ry.
T he L a k e P a r k R egion o f M innesota .—It is n ot un til the tourist
has passed through St. Paul and M inneapolis, the “ gatew ays” to the
Northwest, and traveled a hundred m iles or so westward, that the
« Lake Park R egion o f M innesota” is reached. Here are lakes that
have not and can n o t be “ fished to death,” where pike, pickerel, bass
and m uscallonge abound. In the fa ll this region is a fam ous hunting
ground fo r winged game. V ery good h otel accom m odations are found
at G lenw ood, Fergus Falls and D etroit, and during the summ er m onths
lo w excursion rates are in effect to these points. North and east o f the
Park R egion is Bituated the forest land o f M innesota, where excellen t
sport is afforded hunters o f deer, m oose, and other large game. In
eastern M innesota there are several good trou t streams.
T h e W h e a t F ields o f D a k o t a .—Traveling w estw ard from the park
region, N orth D akota is soon entered, the scene o f farm ing on a large
scale. F or hours after leaving Fargo, on the eastern borders o f the
State, the train passes through the im m ense w heat fields that have
gained fo r N orih Dakota a w orld-w ide reputation. The Dalrym ple farm
alone contains over 50,000 acres, and a person cannot help being im­
pressed by the large territory it covers, and the am ount o f labor re.
quired to cultivate it. In central Dakota, Jam estow n is reached, then
B ism arck ; n ex t the M issouri R iver is crossed by means o f the m agnifi­
cent iron bridge erected b y the railroad com pany, and the train enters
Mandan.
M ontana : H unting and F ishing .—Several hours after leaving Mandan the train passes Dickinson, thence through the strange land know n
as “ P yram id P ark,” and soon it is in the centre o f the stock-raising
d istrict, w h ich extends far into Central M ontana. A fte r passing into
the M ontana boundary the ground gradually becom es broken; soon
the Y ellow ston e R iver is reached, and the train follow s its course fo r a
considerable distance. Here the fisherman will wish to stop, and in the
Y ellow ston e and neighboring streams—the M adison, Jefferson, Gallatin
and U pper Missouri rivers—he w ill find plenty o f R ocky Mountain trout
and grayling,
A t Livingston the m ountains that have been seen on either side are
brough t close to sight. To the south a pass opens the w ay to Y ellow ­
stone Park. The Snowy, Belt and Crazy m ountains are famous hunt­
in g grounds and abound in grizzly and black bear, elk, m ountain sheep
a n d deer, w hich can be obtained within reasonable distance o f L iving­
ston.
Y ellow stone N atio na l P a r k .—The train leaves Livingston fo r the
P ark early in the m orning. A delightful ride is had along the vallej o f
the Y ellow stone. A t Cinnabar a change is m ade from the train to the
com fortable stages o f the Y ellow ston e Park A ssociation, which takes
the passenger in an hour’ s ride to the M am moth H ot Springs Hotel,
w hich is a very handsom e structure, though on ly one o f the m an y ex
cellent hotels provided fo r the com fort o f tourists at prin cipal places o f
interest. The pink terrace form ations o f the M ammoth H ot Springs
are v ery remarkable. A t Norris Geyser Basin and at U pper and Low er
Geyser Basins are fou nd the geysers. They are the largest in the
w orld, w onderful and bea u tifu l; but the greatest feature o f in teiest in
the Park is the Grand Canyon and Falls o f the Y ellow stone. This canyon
has been described by Rev. T. D e W itt Talm age as “ the peroration o f all
m ajesty and grandeur.” The outlines and colorings o f its w alls are
indescribable. A visit to Y ellow ston e Lake is also fu ll o f interest, and
m any delight in a ride b y horseback over Mt. Washburn, the loftiest
p eak in the Park.
H ele na , L a k e P end d ’ Or e il l e . - A fter regaining the main line and
proceeding westward, Bozem an is soon reached and then Helena.
H ere is located the H otel B roadwater, the finest structure o f the kind
in the State. Situated near the hotel is the natatorium , 300 feet long
b y 180 feet w ide, the w ater fo r which, 1,000,000 gallons daily, com es
from the h ot springs in the vicin ity. F or iheum atism and kindred
com plaints these h ot springs are especially beneficial. Visits should be
m ade to Butte, the greatest m ining cam p on earth, and to A naconda,
where are located the great smelters.
W estward from Helena the tourist passes through the grandest scen­
ery o f the Rockies. F or m iles the train follow s the course o f “ Clark’ s
F ork o f the Columbia,” and in Idaho it skirts fo r 25 m iles the north
shore o f Lake Pend d’Oreille. A m ore beautiful sheet o f w ater than
thin does n ot exist. A t H ope a sm all hotel is located, where tourists




can find fa ir accom m odations. G ood fishing is obtained in the lake and
neighboring streams, and the m ountains that are fou nd in every direo*
tion from this p oint afford all varieties o f large game.
Colu m bia R iv e r and Cascade M ountains .—A fter leaving Idaho
Spokane soon appears in sight. This, a city o f 25,000 people, situated
in the centre o f a rem arkably rich country, is the m etropolis o f eastern
W ashington. F rom Spokane the train proceeds to P asco, where it
crosses the Columbia R iver. A t this p oint the river is rather an unin­
teresting stream, but further dow n, from the Dalles to Its ju n ction with
the W illamette, the scenery is unrivalled. When the passenger reaches
Portland, a side trip, taking a day’ s tim e, w ill enable him to see the
m ost beautiful portions o f the river, w h ich p rob ably affords the grand­
est scenery o f the kind in the w orld. Crossing the Columbia, ascent is
made through the fertile Kittitas and Y akim a valleys to the Cascade
Mountains. This range is pieroed b y the Stampede Tunnel, w ith on e
exception the longest in the U nited States. A fter entering the east
p ortal the train soon begins its descent to the tidew aters o f the Pacific,
passing through the m agnificent forests coverin g the western slope o f
the Cascade R ange and the wonderful hop-fields of w estern W ashington
until it reaches Tacom a, at the head o f P uget Sound.
T acoma and P o rtland .—Tacoma, w ith Seattle a few m iles farther
north and opokane in the eastern part o f the State, com pletes the trio
o f the three m ost w onderful cities o f Washington. T acom a and Seattle
are the larger. They are beautifully situated, w ith m any handsom e
business blocks and residences. F rom T acom a the best view is ob­
tained o f the m ountain o f that name. One n ever tires look in g at its
splendid heights and m ajestlo proportions. I t is one o f the highest
peaks in N orth Am erica. Certainly none more beautiful exists.
The train does n ot stop at Tacoma, b u t proceeds to P ortland, the
oldest o f the large tow ns o f the far Northwest. F ifty thousand are the
number o f her Inhabitants, and. situated in the fa ir W illamette V alley,
w ith Mt. H ood in the distance and the Colum bia R iver but a few m iles
below , she is v ery lovely in all her prosperity.
P uget Sound and A la sk a .—R eturning to Tacom a, the passenger
can board one o f the Alaska steamers, w hich takes him ov er the blue
waters o f the P uget Sound. The banks are abrupt and cov ered with a
heavy growth o f timber. H e sees in the east the lo fty peaks o f the
Cascade Range, and in the w est are the bold outlines o f the Olympio
M ountains. The boat stops at Seattle, P ort Tow nsend and V ictoria,
the last-nam ed city being in Canadian territory. Far to the north,
through the inlai d passage, 1he steamers find their w ay to the Ameri
can possessions in Alaska. This is a trip unlike all others; a sea v o y ­
age without the discom forts o f seasickness. There is nothing m ore
grand than the m agnificent channels o f the inland passage; nothing
m ore w ild or beautiful than the im mense glaciers o f this region; and
there is nothing m ore curious than the tow ns that are visited, with
their native huts and inhabitants. The w hole trip occupies less than
three weeks. The steam er “ Q ueen” m akes the trip in tw elve days.
A ll o f the boats in this service are new ly built and neatly furnished.
Ca l if o r n ia : T he Sh asta R ou te .—California is reached from Tacom a
and Portland over the Shasta Route. The train passes through the
W illam ette V alley, over the Siskiyou Range, b y the fo o t o f Mt. Shasta,
and dow n the Sacramento Valley to San Francisco. This w on derfu l
State has every variety o f clim ate. The beautiful cities o f Los Angeles
and San Diego are situated in the fruit region, w here oranges, pears,
peaches, grapes and fruits o f other kinds are grown to perfection. No
tourist to the P acific Coast should fail to visit California, and no visitor
to C alifornia should fail to take passage one or both w ays ov er the
Northern P acific R ailroad, through the rem arkable country o f the
“ Great Northwest.” !
R ates and A rrangements .—To the L ake P ark R eg ion : Tickets are
on sale at St. Paul and M inneapolis, M ay 1 to Septem ber 30; G lenw ood
$5-25, B attle Lake, $7*50; D etroit Lake, $9-15.
To Yellowstone P a r k : Tickets are on sale at St. Paul, M inneapolis,
Duluth, Tacoma, Seattle and Portland, May 29 to Septem ber 28, at a
rate o f £110, covering all necessary expenses o f the trip, rail and stage
transportation, hotel accom m odations, eto., and a tour o f five days in
the Park. A t Livingston, M ont., the ju n ction o f the m ain line w ith the
Park branch, tickets are on sale at $12-50, coverin g a tour o f one and a
quarter days; at $40, coverin g five and one-quarter days; and $50,
covering six and one-quarter days, and including all p rincipal points
o f interest in the Park. On the $40 and $ l l o tickets all p rin cip al
points o f interest are visited w ith the exception o f Y ellow ston e Lake.
To Montana and Eastern Washington P oin ts: R ound-trip tickets are
on sale during the entire year; from St. Paul, M inneapolis or Duluth to
Bozem an, $55; H elena and Butte, $00; Missoula, $62-50; Spokane,
$70; and M edical Lake, $70. T ickets have lon g lim its and perm it o f
stop-overs. Spokane tickets can be issued returning via the U nion
P acific line, and H elena and Butte tiokets can be issued returning via
either the U nion Paciflo or Great Northern line.
North Pacific Coast and A la s k a : Round-trip tickets are sold from
St, Paul, M inneapolis « r Duluth to Tacom a, Seattle, V ictoria, or P ort­
land at $80 during the entire year. G oing lim it 60 days, return lim it
six months. Stop-over privileges are allow ed. Alaska tickets (includ­
ing all expenses north o f Tacoma) are on sale May 1st to Septem ber
30th at $175. The above tiokets can be issued goin g via N orthern
Pacific; return same route, or via Canadian P acific R ailw ay or Oregon
Short Line.
To C a liforn ia : Tickets are on sale during the entire year to San
Francisco, returning same route, or b y southern lines to Missouri R iver
points at $95; to New Orleans and St. Louis, $101; to St. Paul or Min­
neapolis, via M issouri R iver, $102-90. T ickets are g ood fo r six months
with a going lim it o f six ty days and p erm it o f stop-overs.
Further details in reference to excursion rates are fou nd in the p am ­
phlets : “ A R am ble in W onderland,” “ W onderland, Jr.,” and the Alaska
folder, describing N orthern P acific tours. A ny or all o f these publioa
tions can be secured free on ap plication to any agents o f the railroad,
or to Chas. S. Fee, G. P. and T. A ., N. P. R . R ., St. P aul, Minn,

THE

MERCHANTS

Walter 1. Hatch,
H enry Prescott Hatch,
A rthur Melvin Hatch
Members o f N. Y. Stock and Produce Exchanges.

IN M A N , SW A N N & Co

W. T . Hatch & Sons,

COTTON MERCHANTS?

Dealers In investment stocks and bonds.
Personal attention given at the N. Y. Stoek Exchange for the purchase and sale on commission or
stocks and bonds for cash or on margin.
Interest allowed on deposits, subject to draft at
sight.

14 Nassau Street, New York.

16 T O 22 WILLIAM S TR E E T,
N EW

ffitratucial.

Πo t lm x .

_________________ ( t i o t i t m . _________________

W O O D W A RD
& S T IL L M A N ,

(Yot. UV,

C H R O N IC LE ,

YORK.

New Y o r k .

COTTON OF ATX GRADES SUITABLE TO
WANTS OF AM ERICAN SPINNERS.

I iB h m

an

,

& C o .,

stern

Lehm

New Orleans, La.

an

, Du

rr

A C o.

Montgomery, Ala.

LEHMAN

BROS.,

COMMISSION MERCHANTS,

Henry Hentz & Co.,
COMMISSION

MERCHANTS,

1 6 t o a a W i l l i a m S tree t, N e w Y o r k .
EXECUTE ORDERS FOR FUTURE DELIVERY

No. 40 Exchange Place,£

F. H . Prince & Co.,
BANKERS AND BROKERS

COTTON

(N E W Y O R K ,

at the NEW YORK, LIVERPOOL AND NEW OR­
LEANS COTTON EXCHANGES. Also orders for

MEMBERS OF T H E STOCK, COTTON, COF­

BOSTON,

MASS.

COFFEE

FE E AN D PRODUCE E XCH AN G ES,

at the NEW YORK COFFEE EXCHANGE, and

Ne w Y o r k .
Orders executed on the above Exchanges as well
aa in New Orleans. Chicago and foreign markets.

at the NEW YORK PRODUCE EXCHANGE and
the CHICAGO BOARD OF TRADE.

STRAUSS A CO.,
Savannah and.
New Orleans.

HIHH G RADE I N V E S T M E N T S

GRAIN AND PROVISIONS

Hubbard, Price & Co.,

STRAUSS & CO.,
Manchester, and at princlpal Cotton Centres
on the Continent.

STRA U SS
COTTON

& CO .,

MERCHANTS

4 « B R O W N ’ S B U IL D IN G S ,

LIVER PO OL.
Special attention given to correspondence with In­
terior Cotton Merchants and Buyers for the pur­
chase and sale of Cotton both on spot and for future
delivery.

COTTON EXCHANGE BUILDING,
NEW Y O R K .

General Commission Merchants.
Members New York Cotton Exchange, New York
Produce Exchange, New York Coffee Exchange,
Chicago Board of Trade.'
Orders executed on any of the above Exchanges,
also for purchase and sale of cotton for future de­
livery in New Orleans and Liverpool. Liberal ad­
vances made on cotton consignments.
P R I C E , R E I D & CO.,
N o r fo lk , V a.
P R I C E , R E I D & A D A M S , L im ite d .
C h a rle sto n , S . C.
Execute orders for cotton for foreign and domestio
shipment.
j . O. B loss.

Hopkins, Dwight & Co.,
CO TTO N. COTTO NSEED O IL
AND
SOU TH ERN PRODUCE

COMMISSION

MERCHANTS,

R e a m H'J, C otton E x ch a n g e B u ild in g .
NKW YORK
Gustavus C. Hopkins.
Charles D. Miller.

Lucius Hopkins Smith.
Samuel Hopkins.

Crenshaw & Wisner,
1 6 dt 1 8 E x c h a n g e P la c e , N e w Y o r k .

COMMISSION MERCHANTS.
Members o f the Cotton, Coffee and Produce Exch’s.
AGENCY OF

THE HAXALL CRENSHAW CO.,

Gxo. H . Chubch , Special

J . O. BLOSS & CO .,
COTTON
22

W illia m Street,
NEW Y O R K .

W. D. Rountree & Co.,
COMMISSION MERCHANTS,
C O T T O N E X C H A N G E B U IL D IN G , N E W
Y O R K , and N O R F O L K , V A .
COTTON, COFFEE, GRAIN, PROVISIONS AND
STOCKS.
Orders executed In New York, Chicago & Liverpool

Geo.H.M cFadden&Bro.
O OIXOI

P H IL iD E L P H I A ,
LTVXBPOOL OOBBUFOXDDffl,

SULPHUR MINES COMPANY

Fifth Avenue Hotel,

5 l i a W a l n u t S t ., S t. L o u ie , M o
O m c es ( 1 6 A 1 8 E x c h a n g e P la e e , N . If
T U B LARG EST W O R K E R S OF F IB R E IN X H I WOKLE*

Manufacturers o f

CORDAGE

AND OF
B A G G IN G F O R C O T T O N .
In addition to mills at St. Louis and ’ Charleston
nave just completed at Greenpolnt, Brooklyn, the
largest, best equipped and best located

CORDAGE
AND

BAGGING M ILL
IN ANY COUNTRY.




way Company.
Cearless, Single Reduction
AND

Double Reduction Motors.
SLOW SPEED, MULTIPOLAR RAILWAY DYNAMOS.
LINE APPLIANCES POR COMPLETE
OVERHEAD CONSTRUCTION.

CLEVELAND,

OHIO.

MERCHANTS,

F R E D E R I C Z E R E O A Ac C O .

The American
Manufacturing Company

The Short Electric Rail­

MERCHANTS,

RICHMOND, VA.
Standard Brands of Flour for Shipment to Warm
Climates always on hand.

OF VIRGINIA.
High-Grade Pyrites, free from Arsenic.

Members o f New York and Boston S took Bxohangas

M a d is o n S q u a r e , N E W Y O R K .
The largest, best-appointed and most liberally
managed hotel In the city, with the most central
and delightful location.
HITCHCOCK, DARLING A CO.

Massasoit H o u s e ,
S P R IN G F IE L D , M ASS.
THE BEST-APPOINTED HOUSE IN WESTERN
NEW ENGLAND.
„
Convenient for the tourist or business man. Near
Union Depot.
__ _____ _ ____,
W . H , C H A P IN .

N ew

York

Office,

35

W a ll

S tree t.

Way land Trask & Co.,
BANKERS ANO B R O K E R S,
1 8 W a l l S tree t, N e w Y o r k .
Transact a general banking business, including
the purchase and sale on commission o f seouritle
dealt m at the New York Stock Exchange.
W a y land Tra sk ,
t h x o b o k k Ba l d w i n .
ALVBXD N. RANKIN.

E. D. Shepard & Co.,
SUCCESSORS TO

A U G . T . P O ST, Banker,
D R E X E L B U IL D IN G , B R O A D S T ., N. Y

Cahoone & Wescott,

State, County and City Ronds.

Members New York Stock Exchange,

Geo. Copeland & Co.,

18 W A L L

STREET.

ftOYernment and Investment Bonds.
Stocks and Bonds Bought and Sold on Commission.

COTTON B R OKERS,
129 P E A R L S T R E E T , N E W Y O R K .
Cotton landed at Mills from Southern Markets a
specialty.