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xmm
HUNT'S MERCHANTS' MAGAZINE.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.

SATURDAY, APRIL

v('L 60.

19,

NO.

1890.

1,295.

York is very satisfactory considering the rather small volume
of speculative transactions on the Stock Exchange. The dealings in grain on the Produce Exchange were very heavy dur-

Terms

ing the week.

of Sabscription— Payable in AdTanee:

For One Year (Including postage)
$10 20
do.
6 10
For Six Months
European Subscription (includins: postage)
11 50
European Subscription Six Mouths (iuclndiuf; postage).
6 75

Annual Subscription

in

London (including postage)

£2

8s.

«1 9s.
These prices include the Investors' Shpflement, of 150 pajrcs.
Issued once in two months, and furnished without extra charge to
Six Mos.

do.

do.

do.

subscribers of the Chro.nicle.
A. file cover is furnished at 50 cents; postage on the game is 18
Volumes bound for subscribers at $1 00.
Subscriptions will be continued until deUnltely ordered stopped. Tlie
publlsbera cannot be responsible for remittances unless made by drafts
or I'ost OIHce money orders.

cents.

Terms of Advertlsins:.
Advertisements ordered for loss than one month, In the Commercial
Financial Chrosicle, are published at 25 cents per line e.ach in.sertion. When orders are definitely given for one month or longer, a liberal discount is allowed, and the net prices maybe obtained on application at the olBce. The lowest rates on penuauent cards delinltely ordered for one year are 8 cents per line each insertion, makin;: H^SH for
one inch space one year. Space is measured in agate type— 11 lines to
the inch.

Instituting comparison with the corresponding week a year
ago, we fin<rthat there is a loss at New York of 9'7 per cent, a
result due to the decreased transactions in stocks in the current year. The total for all other cities records an excess of 10
per cent, and aside from Los Angeles and San Francisco there
In fact many cities exhibit heavy
are no important losses.
percentages of increase, Buffalo leading in this respect with
147 per cent, followed by Tacoma, 130-3
Dallas. 101
Fort
Worth, 96'3; Washington, 85'5; Lexington, 68-3; Sioux City,
64'4; Milwaukee, 61 '8
Denver, 54-3; Galveston, 50'8, and
Memphis, 45'3 per cent.
;

;

Week Bndino April

*

London Agents

Messrs. Edwards & Smith, 1 Drapers' Gardens, E. C, will take sub
BorlpUons and advertisements and supply single copies of the paper at

DANA &

Co., Piibllsbcrs,
r.iK» (WH.fclAIW B.
10* William SIreel,
tttSn a. FiTiTiV
JOHN r FLOYD. ^^
p^gj, Qekice BOX 958
f

wniiiH n

NEW YORK.

On page

;

Week End's -4prtr5

12.

.Sttif «

008.165,693

-97

(67S.tflfi)
(l«'.i,200)

(1.6-e.381)
(539,400)

(-59-5;

shares.)

(Cotton

6aif».)

....

bushels.) (123.75»,126i
bbls.)
(3,048.000)

(Ora<n
(Pttroteum

(—84

4)

(60.78f.,441) (+103-8'
(5,54;i,0UO) (-51-9)

—5-2

HprlnRfield

Worcester
Portland
Lowell
New Bedford.

1,08)1,463

852,1S9
435,894

-1-5
+10-1
-16-8

107.836,324

112,882,586

-4-3

96.692,004

—10-1

71,40^,704

65,382,877
13,481,560
12.24 e.053

+9-2
+18-9
+24-5

65,774,868
12.6->1,749|

-17-6
+10-8
-0-8

+ I4;-0
+8J5
—33

6,7«5.61Bi
1,756,197

-+52-3

87S.176

+8-0

16.7- 6.1.71

18.247,194
6.4U2.60I
2.191.754

2816,809
1,1-^7,9:1

+123

—93

Byrucutie

765,553

t3 1,042
7U;,D23

112,632,510

96,485,175

+18

74,055.813
11,9^9.400
6,1H»,074
5.52).U52
4.&8U,1HH
2,517,800

64.918,078
ll.2U3.M5o
8,830.000
2.512,01 10

+02

I,'i5-J,5i«

743.808

l,88u.40o
l,47«.4«a
69i,221

+250

108,814,381

93,948,806

+15-.

13.P 14.955

15,8S0,495
»2n,618
844.978

—12-4
—20-6
+120-2

Total Middle.

1,4SI,V7^

Grand Kapids.

1889.

Total Middle Western

Percent.

San Francisco..
Los AnKeles

856.032
75W,588
2,042,099
1,282.883

. .

New York

$D«S.881,832
*88,0O0,OOO
02,207,267
12,314,497

Boston
PhlladelphU
Baltimore
Chicago
8t. Lonls
New Orleans

Total
All

all cities,

18,440,278
7,475,418

cities, 1

6 days.

day

-IS

Tacoma

-^3

Seattle*

Portland*

-(-19-2

4411

16,330,555

Total Pacific.

-flO-8
-)-24'l

-H13-4

$819,3'i8,2!>2

8799,44C727

4-2-5

121,418,211

100,416,200

-h20S)

«940,746,603
184,316,211

$899,856,927
117,500,011

-^4o
456-9

31,12»,06i!,7U

1,017,356,088

Omaha

9,4K6,624
5.070.02S
3.918,446
4.753.494

Denver

62,000,000

Seven cities, 5 days
Other cities, Sdays

$576,305,785
85,147,637
62,196,968
8,709,174
55,954,000
14,867,580
6,259,683

6,435^(1

Daluth
Joseph

1.750.488
1,445,568
834,837
822,844
871,022
564,3; 2

Kansas City
Minneapolis....
Paul

.....

St.

Wichua
Sioux City

Des Moines

all cities for

•Partly eetlmated.

week...

Lincoln

Total Other Western.

The full details of clearings for the week covered by the 8t. Lonls
New Orleans..
above statement will be given next Saturday. We cannot, of Loaisvtlie
course, furnish them to-day, bank clearings being made up by Memphis.. ••..,
Richmond
the various clearing houses at noon on Saturday, and hence in Oa'Teston
Dallas
the above the last twenty-four hours of the week have to be Fort Worth...
in all cases estimated, as we go to press Friday night. Below Norfolk
I.exinKton.....
are our usual detailed figures for the pre-vious week, that is Cha'tannoifa.
covering the returns for the period ending with Saturday Nasliville*
Birmingham*..
noon April 12, with the comparative totals in 1889.
The results in the various cities, as will be noticed by the Total SoQthem....
subjoined statement, are as a rule quite favorable.
Each sec- Total all
tion except the Pacific exhibits some gain over the preceding
New fork.
week or the week ending March 29, and the total at New OntsldeIncluded In totals.
* Not

-4-0

4.658.ti00
2,070,1-02
1,2-^,4881
1,195.0401
1,0«9,62»1
1,2J0,101|
83'),338

650,032

14.430.846'

732,116i

-10-2
+1-5
+0-3
-3-1

-09
+28-8
—0-4
+13-7

-t-57

96,253,442

-113

+14-1
+7-0

69,603,640
12,304,6M,

+19-6

4-81-8

6,011,6761

4.3-13.4'K

+27

8.o88,57s

+85-2

5.(72.659
4,U98J407
8,119,600

+16-8
+6-1
+88-7

7

2

+4-3
—1-7

2,1>!0,145.

+-4-2

-f6-8

+225

749,441

+8-6
+31-4

104,570.001

+16-7

17,376,283
686.131
7V9,485

+3-7
-25-8
+100-6

l,5.'j«,683

2,066.8401
l,I96,ltlS!

17,062,C89
9,226,03'

4,055,545
4,018,677
4.05S.773
8,525.438
1,704.487
l,ls7,8K8
718,468
600,644

410-5

St.

Topeka.
Total

-n-2

717.816
388,935

—18
+16 B
+13 3

»o:i.B:)8

The following table, made up bj' telegraph, etc. (as fully ChlosKO
explained on this page in our issue of October 26 and previous Ctnclnnati
numbers), indicates that the total bank clearings of all the Milwaukee....
Detroit
clearing houses of the United States for the week ending to- Cleveland
day, April 19, have been 11,135,063,714, against $1,061,535,638 Columbas
IiidUnupolls...
last week and §1,017,356,938 the corresponding week last year. PeorlA

1890.

84,00;.-64l

1.0>17,195

4,8l(8.»C0
2.1()8.0»1

Wilmington, Del.

19.

-192

100.125,857
4,976.100
1,863,475
1,240,557
1,157,949
1,147,612

94.871.280

Hirtfnrd
New Haven....

—

Wetk Endlnj AprU

I

(491.188)1 (-65-3)
(IIU.IOO) (+26-4)
(87,127,000)1 (+20-1)
(7,440,000) (+33-1)

1.40D.&02
1.300,417
1,040.348

HoBton
i*rovidence....

548 will be found the detailed returns, by States, of
the National banks, under the Comptroller's call of Feb. 38,
Total New England.
1390, kindly furnished us by the Cotnptroller of the Currency.
Philadelphia
Pi-evious returns were published those for Dec. 11, 1889, in PitcaburK
the Chronicle of March 1, 1890, page 308; those for July 13, Bal'lmnre
Buffalo'
1889, in the issue of Sept. 7, on page 397.
Wa-hinpton

Clearings.
Returns by TeUsrapK

*
574.228,097

o/—

tatoelu

all

CLEARING ROUSE RETURNS.

{P.OmU

P. Cent
630,243,035

Sew Tork

— 10-1
+2-6
+26-0
-2-5
+17-1

+542
-f«-7

+21-7
+ 16 9
+64-4

+25

8

18,864,809:

+4-8

10,142,855'
3.121,236
3,»17,3I0:
4,951,173'
5,964,8591
1.700,000
1,390,084
766,0281
976,3501

+14-8

8IO,0»8
532,386

—20-1
-8-7

-(•26-8

-f62-*

-3-0
+14-8
-f5-8

+55-5
+96-4
-0-9
-16-7

383,»00

634,313
56a,H70
330,813

86,113.067

30,418,861

+15'4

34,064,941

-t-tS-e

28,601,770
«,69S,4«i
7,013.480
8,463,407
2,180,960
1.437,800
1,268,017
1,073,644
721,743
639,433
620,600
2,107,482
907,494

18.101,627
8,030,372
6.294 437
2,384,185
2,144 520
953,8k2
625,806
516.611
679,240
S2>,443
476,800

+30-4
+8-6
+11-4
-f4&3
—u-e
+50-8
+101-1
+107-8
+6-3

21,906,789
7,787,064
8.324.886

+81-6
-81-8

+0-3

+ 18-0

+683

+80-6

873,0631

8,198,8971
2.161,163
1,245, 868i
1,096,087!
1,015,949;
698,153]

639,433
696.800:
1,059,257|

807,651

-1-4-8

-86-8
+2-6
+30-4
+36-0
+88-8
-7-5
468-3
+83-8

THE CHRONICLR

634

[Vol. I*

money on deposit to 1^ per cent on call and \\ per cent
on three to seven days' notice. These -figures indicate how material the change has been, as similar rates
on deposits the first of the year were 4 and 4^ per cent.
The Bank of England continues to accumulate bullion.
This week it reports a gain of £242,000; a special cable
to us states that this was made up by an import principally from Brazil and France of £354,000, by a receipt
from the interior of Great Britain of £5,000, and by an
for

THE FINANCIAL SITUATION.
Our money market has changed but little during the
week. It seems to be in a waiting condition, not so
very unlike that of the stock market. There are
lenders who appear to have the impression that from
this time rates will gradually improve.
On the other
hand it is a fact that money now goes begging for
time engagements, lenders seeking borrowers, being
willing even to accept good mixed collateral, whereas a
short time ago the same class were very strict and discriminating with regard to the security when making

At Paris the
and at Berlin and Frank-

export to Portugal, &c., of £117,000.

open market rate
fort

it is

is

2 J per cent

3 per cent.

Our foreign exchange market has reversed the
They tendency which it showed last week; then it was
figures do not show a very large change.
have gained by the interior movement, but have strong and advancing, this week it has been dull
lost a part of the gain by the Treasury takings.
We and heavy and has declined. The chief influences
venture to think however that the figures when made operating since last Friday have been offerings of a
public to-day will show a larger increase in reserve little more than £300,000 drawn to pay for an industhan our statement indicates, owing to more than trial enterprise in which London capital has been
the average deposits of currency over the counters invested and offerings against purchases of stocks. The
of the banks during the week under review for the demand, too, has been light and in the opinion of some
reasons we gave in our last.
The future of the mar- bankers it is likely to continue light for a time, though

As

selections.

to

the

reserve

of

the

banks,

our

ket is hid in mystery, the possible action of Congress they look for a renewal of mercantile inquiry soon.
with regard to silver being an unknown quantity of On Monday there was a reduction to 4-86 for long and
large possibilities.
No one in the present state of the 4 "88 for short by Kidder, Peabody & Co.; on
controversy can tell what its action will be, and even if Tuesday the Bank of British North America dropped
one could, the effect of that action on the money to the same rate and on Wednesday all drawers posted
market might still be in doubt, since so much depends these figures. On Thursday there was a slight reaction
upon continued and undisturbed confidence. Aside in the rates for actual business due to the absorption of
from that influence the outlook seems to us favorable the block of bills above mentioned. Buying of stocks
for accumulations of currency at this centre and easier by the arbitrage houses for European account has been
Of course if this should continue, the
rates, unless stock operations should materially increase. pretty liberal.
The supply of call money has been ample notwith- supply of exchange would remain ample.
Bearing upon the course of foreign exchange, the
standing bank reserves are so low. Four of the larger
institutions last week held $2,072,700 surplus, while state of our foreign trade continues to have much interthe banks as a whole reported only 1452,400. These est. While at this season of the year the merchandise
facts make sufiiciently clear how very short the greater exports are of course not of such heavy proportions as
number of the members of the Clearing House must during the autumn months, they are yet keeping up to

have been.
this

is

But there is nothing in that idea now, for pretty large figures, and the improvement as compared
when currency collects here, and with the corresponding psriod of the year preceding is as

the season

though at the moment the supply may be short the noteworthy as before. Mr. Sidney G. Brock, the Chief of
presumption is it will not continue so. The range for the Bureau of Statistics at Washington, has this week
call money at the Stock Exchange has been 6 and issued the preliminary statements, showing the exports of
2 per cent, there being a gradual decline towards breadstuffs, provisions, live stock, cotton and petroleum
It is found that the
the close, making the average for the week 4 per during the month of Mjrch.
cent, though the renewal rate has been 4| per cent. value of the cotton shipments was nearly five million
That rate, too (4^ per cent), was the minimum at dollars less than last year and the petroleum shipments
the banks and trust companies.
For time loans, over a million dollars less; bat such has been the inas already indicated, the inquiry has been light, crease in the exports of breadstuffs and provisions that
and the offerings of money in excess of the de- the total for all tha staples m3ntioaed stands over 2^
mand, though there is no disposition to lend on very million dollars larger than for March, 1889, which is
short time; the rates are 4^ per cent for four months the more striking since last year the increase had been
and 5 per cent for five to six months. More inquiry is no less than 14^ million dollars. Here is our usnaj
noted for commercial paper, and the demand from out
is very good, while some of our city banks and
other institutions are buying freely. The supply is

of town

only

table.

KXPOBTS OF BREJlDSTUFrA, PROVISIONS. COTTON Am) PETROLEUM.
Bxportt
from U.S.

Eates are a shade easier, being 5 per cent
Qunntities,.
for sixty to ninety-day endorsed bills receivablt,
5i@6 Wheat.bu8h.
per cent for four months acceptances, and 6@7 per Flour... bbls.
Wheat.. bu.
cent for good single names having from four to six
Com. ..bush.
fair.

months

to run.

Money
Europe.

Tot. bush..

continues to tend towards lower rates

The Bank

on Thursday to
changed from 4

3

3^ per cent only oh April 10. By
cable, discounts of sixty to ninety-day bank bills in
London are now reported at If per cent, and the
Union Discount Company of London reports to us that
thej have this week reduced the rates of interest allowed
to

Months.

Corn

&

flour

meal

Rye
Oats ftmeal.
Barley

March.

9 Montha.

March,

i

9 Months,

57,106,877

41.P11.197

4,313,680

8,980,216;

2,840,936
689,006

36,546.926

1.151,287

6,896,472

944,679

9.218,436

10.023.524

82,352,304

6,851,483

88,693,070

8,664,738
2,115,666

98,689.839

13,218,292

67,681,050
46,911,434

23,271,816 151,045,374

t

Wh't *

\

4,8i8,732

in

England minimum was reduced
per cent from 3^ per cent, it being
of

1887-88.

1889-80.

March.

9,278,193
5,418,078
136,391

678,616
55,043

76,910,614
29.578,013
678,165
2,589,71'

661,968

S,204,451

14,055,934 114,492,484

»
88,810,416

7,904,398

$
91,066,657

3,734,614

3,661,517

1,278,184

10,448,466

14,360

72,869
398,404
811,741

1,829
12,478
84,819

26,085
212,258
267,516

36,369
14,0:t0

Br*d8tnlfo..

15,566,Z19 110,414,467

9,686,482' 91,744,947

12,895,935 117,494,401
21,196,357 230,(05,774

10,111.5801 83,618.188
26,0S9,028 205,731,394

38,331,062

4,088,9691 87,528,938

Tot, valni.

52.554,162 196,945,704

49.924,047 418,623,465

* Inoludlnff cattle

and hogs

In

»

t
5,836,329

ProvislonB •.
Cotton
PetroPm.&o.

2,895,851

18,664,368

10,680,402 117,154,205

,

aQ montha and years.

9,281,653 101,995,977
6,458,805 73,522,184
15.838,485 190,884,848
4,255,441

35,709,670

36,632,384 401,912,529

Apbil

19,

THE

1890.J

CHROlNiCLE.

While the aggregate for March, 1890, is thus r)2|
million dollars, for March, 1889, it was less than 50

535
The more

was very strong.

serious

the situation, the

stronger will this determination become.

The

attitude

and for March, 1888, but 35f millions. Tliat of some of the roads in refusing to agree to an advance
indicates forcibly the great improvement which as tlie in rates, saying they were done with temporary arrangeresult of good crops has occurred in our merchandise ments, to be made one day and broken the next, that they
For the nine months wanted a strong and lasting agreement this attitude is
exports during the last two years.
It is not a bad sign, but a
current fiscal year the aggregate is about 497 suggestive and significant.
of the
It indicates that the controlling powers
million dollars, while in the corresponding period of good sign.
the previous year it was only 418^ million dollars, and realize that makeshifts and temporary expedients no
Some of our readers longer answer, that something better, stronger and
in 1887-8 not quite 403 millions.
We may be sure that
like to have the results for each month separately, and more comprehensive is required.
millions,

—

accordingly we give the following.

efforts are

freight
«8e-90. Breadthi Iff. Provitione.

\

Cotton.

Oili.

Total.

*

$

1

9
July...

August.
Sept ....
October

Nov
Dec
Jan ....

$

iP

4,600,906'
2,916,310
13,998,406; 6,431,4641
3,517,835
ll,537.893i 4,578,668' 17,907,778
12,499,322 4,al6,794| 45,348,540

9,806,9-15

14,943,685

13,302,776
9,864.800
11,494,073
10,033,430
14,067,326
11.558,620
14,640.278
15,566.219

11,787,502
11,123,739
12,869,274
12,818,645
12,895.935

4,184,196
4,493,868
3,090,0fi7

47,555,038
41,925,676
28,869,103
21,439,137
21,196,357

32,297,846
37,310,481
43,909,139
74,258,729
73,580,166
74,«10.609
56,387,064
52.037.508
52,554,162

now being made

and

passenger

to that end.

agents

It

true

is

are giving utterance

But these agents
to extremely gloomy predictions.
cannot
regarded
be
as
representing
anybody
but themselves.
While they aro disputing and
fighting, the responsible heads of the corporations
may be hard at work to bring about an adjustment. Afc
all events, that is what we might expect them to do, in

known disposition. And such a policy is
on by the stockholding interest and by the
Total 110.414.467 117,494,401 38,331,062'230,705,774 496,945,704 banking interest identified with the various properties.
With, then, presidents, stockholders and bankers all of
'88-89. JirettdsivT^
Provisions.
Oils.
Oolton.
lotal.
one mind, the final result should not be doubtful. Of
9
$
?
9
9
July....
7,904,452
9,771,937 4,143,042
5,447,016 27,266,417 course those who expect a settlement in a day will be
August. 12,106,726
9,331,059 4.824,139
2,853,327 29,118,251
disappointed.
The problem is too large and too comSept
7,805,572! 4,002,374
12,758,169
8,999,288 33.565,403
plicated for that.
In the nature of things many diffiOctober 11,704.940
7,535,277 4,937,876 31,632,519 55,910,612
Nor
8,264,411
6,947,6?1 4.361,040 38,929,210 58,502,292 culties will be encountered.
But there can be but one
Deo
10,242,778 10,657,181, 3,565,769 42,579.617 67,045,345
outcome in the end, and that a favorable one.
Jau .... 10,833,224 12,096,383 4,098,260 27,394,239 54,422,106
Feb
8,293,765
9,258,566 3,509.479! 21,807,152 42,868,962
We give on another page a statement kindly furMarch
9,636,482 10,111,580 4,086,959 26,089,026 49,924,047
nished us by Mr. E. S. Lacey, Comptroller of the CurTotal
91,744.047 83,518,186 37,528,938 205,731,394 418,523,465
rency, showing the condition of the national banking
An interesting feature of this tabulation is that it system of the United States on February 28, 1890, as
shows that provisions is the only item recording a gain indicated by the Comptroller's call of that date.
for every month.
Referring to the first table given, we Comparing the figures given in that statement
Feb
March

.

3,139,448
2,895.651

view of their
also insisted

It.

i

.

find that provisions also has the largest

amount

of gain

with

those

many

similar

in

previous

statements,

the surface the situation of railroad affairs in the
West has undergone no improvement during the week.

but
none more interesting, we think, than the gradual
growth and expansion of the system and the increase
There are now 3,383
in the number of
banks.
(February
year
ago
banks
included
a
26,
there
were 3,169 banks, so that in a
1889,)
period of twelve months there has been a net addition of 214 banks.
The capital represented has in the
same time increased just about 30 million dollars, or
from $596,569,331 to $626,598,200, and from this it is

On

evident that the

for the

nine months, both as compared with last year

and the year

before, the increase over

1889

million dollars and over 1888 44 million dollars.
likewise shows greatly enlarged totals, but

being

.34

Cotton

the gain

is

not quite equal to that in provisions. This is important because while cotton will now for some months be a
diminishing factor, provisions will probably remain as

prominent

as before.

On

the contrary, what changes have occurred have been

interesting

results

are

revealed,

;

new banks,

as heretofore, are chiefly

There has small institutions in the more remote sections of the
been no settlement of the passenger rate difficulties, but country, where banking facilities are most needed.
rather further decided cuts.
In freight matters the During the last eight years that is, since March 11,
effort to restore rates between certain points has failed, 1882
the number of banks has increased from 2,187
and instead we have definite notices of reductions by to 3,383, and the capital from 469 million dollars to
the Alton in tariffs between Chicago and Kansas City 626 million dollars. In this interval the cash money
and between Kansas City and Chicago, which reduc- holdings of the banks have expanded nearly 101 miltions the other lines of course are obliged to follow. lion dollars, or from $176,062,683 to $276,927,740.
There was a meeting of the members of the Inter-State Evidently the national banking system is meeting a
Railway .\ssociation to act on the proposal to change want in the community, however Western politicians
the form of the organization, but the attendance was so may declaim against it.
slim and unsatisfactory that nothing could be done.
Notwithstanding the unfavorable developments in the
All this is very discouraging, it must be admitted. Wes'-'irn rate
market this
stock
situation,
the
It is the more discouraging since there was great confi- week has been strong and higher, and transactions have
dence in an early and complete settlement. We can- also been on a larger scale than before. Dispatches
not, however, resist the feeling that in the present from the seat of trouble in the West have been so
instance surface indications are misleading.
The situ- lugubrious, and so uniformly of the one tenor, as
ation is not as bad as it is pictured, but is certainly to suggest that they were being colored for effect.
bad enough. It is becoming serious and threatening. Aside from that, however, operators are all looking
But in that fact we think we have promise of an early forward to the passage of some measure of silver
solution.
We stated last week that among the leading inflation by Congress, and this they argue will
in the direction of greater demoralization.

—

—

.

officials

the determination to bring about a settlement

cause a general appreciation of values.

Silver bnl-

THE CHRONICLE.

536
lion certificates have absorbed

[Vol.. L.

some speculative attention eling its currency. As Canada is smaller than the
United States in extent, population and wealth, some

on the Exchange, and have- sharply advanced in price.
The price of silver in London has also risen. As regards other features of the situation, money has been

among

us

that

in

may

hesitate in looking for helpful thought

And

direction.

yet, granting this difference,

its
easy both here and in London, the tone of foreign ex- there is in that no reason why we should reject
change has weakened, removing fears of gold shipments ideas. The very fact of less wealth makes short roads
And if Canfor the present, and returns of railroad earnings have for attaining wealth more tempting.

claimed ada, with its large natural resources needing developof its Governthat the anthracite coal trade is giving signs of improve- ment, and with a disposition on the part
shares have ment to extend all the aid it can in hastening forward
ment, and on the strength of this the coal
in
been made an especially prominent feature in the pres- internal improvements, so manifestly displayed
stockholders' meeting of the East building canals and railroads if Canada ivith such need
ent advance. At a
It is also

continued almost uniformly favorable.

—

Georgia Railroad this week, the and with such a disposition refuses to adopt our new plans
Tennessee Virginia
the directors in purchasing the Cincinnati for creating wealth, that ought to incline us to be a little
action of
New Orleans & Texas Pacific and the Alabama Great less positive in our course, or to examine our neighSouthern was ratified; the details of the " deal " will bor's currency methods and ascertain wherein our
methods are the better. Printing presses and patent
be found on other page in our railroad department.

&

Forty-five
following gives the week's movements of money to paper are just as cheap there as here.
pence for silver bullion nets them just as large a
and from the interior by the New York banks.
seignorage on a seventy-five cent dollar as it does us.

The

Week Eniino April

N.Y. Banla.

Bimks

Ket Interior
Movement.

$1,340,000 Gain. $2,261,000

$1,340,000 Gain. $2,251,000

$3,591,000

the Sub-Treasury operations the result

Ending AprU

Net Chivge in
B(tnk Holdinfjs.

Out of
Banks.

Into

18, 1889.

Banks.

is.

Banks Interior Movement, as above' $3,591,000 $1,310,000 Gain. $2,261,000
600,000

10,700,000 Loss.

10,100,000

Sub-Treasury operations

Total eold and legal tenders.... '$1.%691.000 $12,040,000 Gain. $l,6ol,00i)

The

following table indicates the

amount

of

bullion

in the principal European banks this week, and at the
corresponding date last year.
April 18, 1889.

April 17, 1890.

Banks

Why
bor

is it,

oj
Gold.

Silver.

Toteil.

Gold.

Silver.

lotal.

£

S

X
Ensland

23,628,,'i81

23,361,289

22,351,289

France.

50,447,000 60,316,000
27.511,200' 13,755.000
6,503.000 16,240.000

40,342,000 49,440,000
31,039,000 15,.530,000

89,782,000
46,559,000

5,440,000 15,638.000

21,074,000

5,744,000

5,064,000^ 6,893.000

11,956,000

1,376,000

2.777,000, 1,.388,000

4.165,000

Germany
Aust.-Hung'y.
Netherlands...
Nat. Belgium

4,067.000J

2,752,000

Tot. this week m,508,68i;87,431,800 201,940,181 107,019,289 88,888.000 195,887,289
Tot, prey, W'k.'ll3,713,85a 87,303,866 201,016.524! 107,203,803.88,764,6071195,968.470

CANADA'S

NEW CURRENCY

SYSTEM.

If we may judge from the many kinds of currency
biUs which have been brought before Congress during
the current session, our people are developing marvelous

We have long
been called a nation of inventors, but heretofore that term
has been understood as applying to a certain proficiency
ingenuity in that department of finance.

then, that this young, needy, active neigh-

— our rival

monopoly

Total gohl and legal tPPdera.

W«k

JV.F.

$3,591,000

Cnrrency.
Gold

With

Shipped by

Received by

18, 1890.

We
that

in

industrial

enterprise

—leaves ua

the

?

have perhaps gone a

Canada has

be claimed,

is

left

not strictly

the United States, has a

too far in implying
monopoly. That, it may
Canada, as well as
true.

little

us this

Government note

circulation.

was fixed in 1880 at 20 million dollars, and
during 1889 the average amount outstanding was 15
Its limit

But at that point the similarity
Canada has a reserve requirement fixed by
law at 35 per cent, and its currency is not legal tender.
These two features make the difference, bet ween Canada's
Government currency and our o«vn greenbacks, radical.
million dollars.

ceases, for

We keep a reserve, to be sure, but not because there is
any statute which distinctly requires it, but because
our Treasury Department has hitherto always claimed
that it was njcessary and that the obligation was
implied in the Eesumption Act. But as a reserve is a
part of both systems at present, it may with some
reason be urged that the difference between a statutory
direction and a Treasury Department regulation has
proved in practice to be unimportant. Passing that
point, therefore, we come to a distinction which all
We refer to the legal
will admit to be substantial.
tender feature, which, as we take it, is a type of the
antagonism existing between the method of the United
States and the method of Canada as disclosed all the
way through the legislation of each. Canada's Government notes circulate at par everywhere in the Dominion because they are supported by a Government
promise to pay, backed up by an actual reserve which
The United States,
ensures their quick redemption.

and suggestiveness displayed respecting the useful arts;
whether the talent can fairly have any such narrow
signification hereafter is questionable.
There have the richer nation in fact a nation that boasts of its
been we think introduced this session into one or the power and wealth as ao other nation on earth does,
other House of Congress six or eight distinct silver and whose credit is certainly as good as any other
currency inventions, one hybrid measure that is a puts on its notes the Government fiat of legal tender,
mixturt of gold and silver, not less than a good half as if the Government needed that help to keep up the
dozen bank note devices, and several greenback propo- credit of these promises to pay.
sals of varying limits, the highest reaching 800 million
The only other paper issue the Dominion of Canada
dollars.
All of these measures disclose a common authorizes is the bank note. Just now Parliament is
thought, being based upon the notion that wealth is engaged in
All
perfecting a new banking law.
developed by an abundance of currency, and all but one Canadian bank charters were extended in 1880 for ten
of them assume further that to make the currency years.
This year provision is being made for another
most efficient its intrinsic value must be less than the ten years extension, and in pursuance of that purpose
Government fiat which is attached.
the Finance Minister has introduced the banking
But we did not mean to write about America's inven- measure referred to. We are not interested to-day in

—

We have a near neighbor on the nortli any of its provisions except those which relate to
engaged in a similar work that is, engaged in remod- currency. The other changes are with a few exceptions

tions to-day.

—

April

THE CHRONICLE.

19, 1860.]

not very material, but the proposals with regard to
bank notes will repay examination. In the system
which has been deyised the aim of the Government has

637

stock, as security.
is

A point

the limit of issue.

that we should wish changed

That

is

now

fixed to accord with

" the unimpaired paid-up capital." Notwithstanding
the note and (3) this permission, the Dominion has never had afloat over
been (1) to obtain perfect security for
to provide a method for keeping the issues at par in all about 35 million dollars of bank notes, although the
Heretofore bank currency paid-up bank capital was, according to the February
parts of the Dominion.
of the section of country in which the bank returns, $64,500,395, which would indicate that even
outside
had its office was subject to a discount. Such a state with no redemption except at the centres of issue the
It is a hindrance to wants of commerce have fixed its own limit. Still a curof things is clearly unendurable.
The only recourse a rency which is devised with the purpose and expectatrade and a loss to individuals.
person had wishing to travel outside of the district in tion of its free circulation in every Province and of its
which his business was situated was to convert his being kept at par in every portion of the Dominion
money into Dominion notes. Such a conversion was needs to cultivate the confidence of the people even by
not always easily managed, although any one who was an apparent excess of caution. Perhaps if the Governgetting a payment from a bank had a right to require ment stamp were put on each note as a guaranty against
sixty dollars of the amount to be paid in small over issue, that would be sufficient, for with active redemption the amount afloat would be strictly regulated
Dominion notes.
Whether this situation will be cured under the new by the needs of commerce.
As to the security under the law for this 35 millions of
law can only be definitely determined after it is tried
and the banks hare been in operation under it for a time. notes, the note-holder has a first lien on all the banks'
The method adopted consists mainly in the requirement assets, not even the Government deposits being exempt.
that each bank shall ensure the payment of its notes The total of these assets was in February last $346,289,This provision 761 add to this an amount equal to the capital and we
at par in every part of the Dominion.
seems to mean, if literally construed, that each bank have $310,850,156 as the security against 35 million dolmust keep a redemption fund at so many points that lars liability. In the Dominion the liability of each stockthe requirement would prove to be quite a tax on its holder to double the amount of his stock is no unmean;

resources.

Probably

it is

the intention that the Gov- ing phrase.

A

certified list of shareholders

with the

by designating residence and number of each holder must be made
the redemption cities, and that only the chief centres up by the bank and transmitted every year to the
of trade shall be named; that would appear to be all Minister of Finance, and any person who has transsufficient.
It is generally assumed that what keeps ferred his shares within one month before the comNational bank notes in the United States at par every- mencement of the suspension by the bank is held liable
where is that they are based upon United States bonds, just the same as if the transfer had not been made.
their redemption at their face value being thus put There would seem to be very little chance for skulking
beyond question whatever may happen to the bank. among these stockholders so long as such a GovernWe do not wholly agree with this view. Any security ment record exists. In connection with this provision
which made the note safe would be equally effective we would also recall the requirement which the banks
whether it was Government bonds or bank assets. are under to make reports monthly and oftener if called
Besides, those who attribute so much importance to for, with severe penalties for false statements; and in
the bond feature, as a means for keeping the notes at par, addition to these the audit system by shareholders
fail to give enough weight to other provisions of the proposed in the new statute, the law providing that a
National Banking Act, foremost among which is the copy of their report shall also be lodged with the
section which requires every national banking associa- Finance Minister and Receiver- General.
tion in the whole country " to take and receive at par
One defect which has been disclosed by experience
" for any debt or liability to it, any and all notes or will also be cured by the present legislation. In the
" bills issued by any lawfully organized national bank- event of the failure of a bank the notes which were in
" ing association." While this requirement exists each circulation though good and finally redeemed, have often
national bank becomes a kind of redemption agent for been outstanding and unpaid for a long time, and somethe bills of every other national bank.
We make this times until final liquidation. In such a case they depresuggestion for the benefit of our Canadian friends. As ciate and the scattered holders suffer. To cure this defect
they are seeking to attain a like position in all parts of the Government proposes that a certain percentage of
the Dominion for their bank currency it is worth con- the average circulation of the banks (2^ per cent the
sidering whether this feature could not be safely first year and 5 per cent thereafter) shall be paid into a
adopted.
general fund to be called the "Bank Circulation
Evidently such a section as that cited would be Redemption Fund," which fund shall be held to redeem
objectionable and hazardous in any general law if the any of the notes of suspended banks with interest from
note which the law created was not a safe obligation. date of suspension, which remain outstanding two
It is only because we think absolute security for the months after suspension.
With this provision therecurrency may be attained by the method the Dominion fore in force, and with the notes a first lien on all the
Government adopts that we venture to throw out this assets including the double liability of the stockholder,
hint. Their method is, however, quite unlike ours in- and with redemption established at every commercial
deed the system is formed on a wholly different theory, centre, there appears no good reason for mistrusting the
and yet in the main the plan is in harmony satisfactory working of Canada's new currency system.
with the better thought prevailing in banking
Let us draw a single contrast in conclusion. The
circles
in this and other American
cities.
Its United States, plethoric with wealth, literally throwpurpose is to let
commerce provide
its
own ing away its surplus by millions, cannot apparently
currency, so the Government grants the authority and afford to issue any kind of currency which is self supthen in case it is used, holds the bank, all its assets, a porting. Even its Government paper must have " legal

ernment

shall

interpret the provision

;

guarantee fund, and the stock holder in double his tender " written across

its

back, and

its

silver dollar

THE CHRONICLE.

538

Vou

could not be kept in circulation at

No doubt

Government

the banks from their embarrassing position.

ing question

is

shall not be

whether our Government

dam up

forced by statute to

from the mines

all had it not the
Indeed to-day the burn-

a float.

as

fiat

the entire outflow of silver

so as to support the sinking fortunes of

payment

there

is

urgent need for legislation

L.

to relieve-

The

rapid

of the national debt, the gradual extinction

—

of State bonds,
processes which are not to any great
degree offset by the growth in the local debts of New

—

another York State, are depriving these institutions of all
currency adequate means for the investment of their growing
arrangements. It has far less wealth and yet finds no deposits. Even in 1881 the Bank Superintendent for
needs for "fiats," and no necessity for appropriations or that year, referring to this matter, said that although,
any other Government support. It simply authorizes a the savings bank assets of this State were $443,047,444,
currency in touch with commerce, and leaves the cur- the total amount of securities in which they could

Just across the border

this artiflcial system.

and smaller nation engaged

rency and commerce

in revising

is

its

adjust themselves to each invest a part from real estate mortgages was

to

United states securities

other.

State securities

SA VINGS

BANK INVESTMENTS AND THE

BILL BEFORE THE
At Albany

ASSEMBLY.

N. Y.

week the Assembly voted

to advance
extending the investment
Measures having a similiar obfield of savings banks.
ject have for many years occupied the time of our legisIndeed, in 1883 a very questionable bill aulators.
thorizing savings banks to invest in bonds and in
"other good securities" (excepting bills of exchange,
promissory notes, &c.), passed the legislature with
this

to a third reading the bill

scarcely

any opposition.

Except for the energetic acfrom the

tion of Superintendent Paine in pi'ocuring

:

$1,613,591,768
134,239,83S
207,742,881

Municipal securities
Total

$1,955,574,487

This was the condition as it existed over nine years
ago.
Since then there has indeed been a considerable
increase in the number of municipal securities which
may legally be held by the banks through new issues
and through the admission to the ranks of legal investments of school district bonds and other obligations ;
but how insignificant is this increase when compared
with the decrease in the same interval of over 1810, 000,000 (more than 50 per cent) in United States bonds, a
decrease that has also been accompanied by an increase
of over 173 millions in the total assets of the banks.
But the real hardship to which the savings banks of

banks a protest which resulted in the Governor's withholding his signature, that bill would have become a this

State, as distinguished

from similar institutions in
is more obvious when we

other States, are subjected

law.

But notwithstanding these annual attempts looking consider the
towards a revision of this feature of the statute, the
investment limit stands to-day substantially the same as
fixed by the general savings bank enactment of 1875.
The section of the existing law covering that matter
authorizes (in addition to bonds and mortgages on un-

encumbered

real estate situated in the State) that these

associations

may

invest their deposits in interest-bearing

obligations (1) of the United States, (2) of New York
State, (3) of any State in the Union that has not

within ten years defaulted in the payment of any portion of its debt, and (4) of any city, county, town or
school district of the State.

Viewed alongside

amendment seems

of

this

meagre

list

the limit of savings bank investments

the proposed

By

a decided innovation.

its

terms,

ments

inevitable result of limiting their

the securities that

to

we have named.

majority of these securities are in wide demand.

invest-

The
They

in our own State
but for trust funds and for safe investment everywhere.
The prices at which they are quoted are consequently
yield
to the
investor is very
so high that the
small.
Government bonds net not much over 2 per
cent, most State bonds only about 2f per cent, while
New York City has 2^ per cent bonds that sell above
par, and Brooklyn and Buffalo each have 3 per cent bonds
In 1888
that are quoted at or about the same figure.
the average rate of interest which the savings banks of
the State allowed on deposits was about 3J per cent.
Even this rate it is claimed cannot be long maintained
unless some relief from the existing bondage as regards
are sought not only for trust funds

extended
as to include bonds of any city having 50,000 inhabi- investments is afforded.
tants in the States of Maine, New Hampshire, Vermont,
In view of these facts, what shall we say of the
Massachusetts, Rhode Island, Connecticut, New Jersey, amendment ? A press dispatch to one of the daily
Pennsylvania, Ohio, Illinois, Wisconsin, Michigan, Mis- papers calls it "the dangerous bill of Mr. Rhodes,"
souri or Colorado. But while doing this it provides that etci
On what grounds it can justly be termed dangerno investments shall be made in the securities of any ous we fail to understand. By the amendment, the
city whose total net indebtedness exceeds 10 per cent of United States census or the last State census next prethe valuation of its taxable property, or in the securities ceding the date of the investment, is to determine
of any city which either itself has defaulted or which is what cities have the>required population.
From these
situated in a State that has defaulted in the payment of sources accordingly we have compiled a list of the cities
any part of the principal or interest of its debt within to which as we believe the amendment would at once
ten years next preceding such investment.
As addi- apply. We give this list below, placing opposite the
tional safeguards the amendment provides that the sum names in each case the approximate return to the
which a savings bank may employ in the purchase of investor from the bonds of that city. Cincinnati and
bonds of these cities shall not exceed in the aggregate Jersey City are excluded, as their debts exceed the 10
2o per cent of the bank's assets, and in the bonds of any per cent limit.
Kate per etnt
one city 3| per cent of the bank's assets
V
furthermore
umich
which
bonds net to
bonds net to
it restricts the purchase of the bonds of any one city to
Name of city—
inveetor.
invettor.
Xame of city—
2'8 New Haven
S^a
5 per cent of the city's funded debt and interdicts the Philadelphia
338
3 % Lowell
Chicago
3% rt'orce»t«r
3%
buying of bonds issued by cities out of New York State Boston
so

is

'

"

;

Louis
Cleveland
Pittsburg

3O1J

St.

to aid in the construction of railroads.

Concerning this amendment two thoughts naturally Newark.N.
Detroit
first, is a change in the law called Mllwaulcee

suggest themselves,
for,

and,

second,

39i

Toledo
Patersou
FaU River

Providence

3 ^g

Camden, N. J

AUeghany

4

—

is

the

bill

presented too liberal.

Cambridge

3% Kansas City
3% Columbus
J

S's

3^

3%
3%
3%
4^8

4

3%
3^

Apbel

THE CHKONICLE.

19, 1890.]

Who would be disposed to say that our savings
banks could not with perfect safety be allowed to
have an aggregate of 25 per cent of their assets
in the bonds of the cities here represented.
The
good credit of the cities appears from the higli
The bonds
prices at which their securities sell.
of no one of them net to the investor more than
about 4| per cent, the bonds of all but three yield
less than 4 per cent, and of several others only 3^
per cent or less. Especially safe would such investments seem, if, as the law provides, only 2^ per cent of
a bank's assets can be put into the securities of any city,
and only 5 per cent of a city's funded debt can be held
by any one bank. If we include in our list the cities
for which no census has been taken since 1880, but
whose population is estimated now to exceed 50,000
inhabitants, our remarks would require little if any

639

New England are a legal investment,
5,000 inhabitants only being required and the debt
limit being put at 5 per cent of valuation.
The
tion to those in

Connecticut law names specifically seventeen cities not
Now England whose bonds may be held, and permits
the purchase also of certain railroad bonds, bank stock,
etc.
In New Jersey, too, the banks can hold certain
in

railroad bonds.

These instances are

sufficient to

show what latitude

given to savings banks in making investments in

is

In this State we would rather see the
too widely drawn.
But the
income of savings banks affects the welfare of a large
number of people, and a continued narrow policy with
reference to this matter of investments may prove very
unfortunate and harmful.

other States.

too closely than

lines

modification, the cities so situated being Bridgeport,
TELEGRAPH.
Conn., whosebondsnet 3^per cent Dayton, 0., netting
One of our New York morning contemporaries,
4 per cent; Denver, Col., netting 3f per cent Grand
always on the alert to secure useful facts and informaRapids, Mich., netting 4f per cent ; Hartford, Conn.,

NEWS BY

;

;

netting 3| per cent ; Lynn, Mass., netting 3f per cent
Hoboken, N. J., netting 3 4-5 per cent Reading, Penii.,
;

netting 4 per cent

cent

;

ton,

N.

A

St..

Scranton, Penn., netting 3| per
Joseph, Mo., netting 4 per cent ; and Tren-

J., netting

;

4 per cent.

committee by the presidents of a large number of savings banks who are desirous of having the bill passed states that $600,000,000
is the estimated amount which within the next seventeen
years will have to be invested or reinvested by the
savings banks of the State.
If this estimate proves
correct, the limit now fixed will have to be further
enlarged within a brief period.
The total gross funded
debt of all the cities mentioned above is only about 1230,000,000, and much of this is either in the sinking fund
or too closely held ever to come on the market.
The
new issues by these cities, or by other cities which
during the next fifteen or twenty years will attain the
necessary population to bring their bonds within the
amendment, can not on the most generous estimate be
placed at more than a fraction of the sum which the
banks will be obliged to invest during the same time.
New York State has of late years been highly conservative in the matter of savings bank investments, and
such a policy is commendable. It is interesting, howcircular presented to the

tion for its readers, publishes the following interesting

and important item.
[BY TELEGRAPH.]
Boston, April 10, 1890.— A. statement, apparently official, la published here to-day showing that the amount of the Union Pacific's
bonds coming due within the next nine years Is $88,240,512. If funded
at five i>er cent the annual saving will be ¥1,186,665, and at four per

No new bond Issues are in contemplation.
enterprise and ingenuity reflected in the above

cent $2,069,070.

The

To have secured a statement
" was of course a more than ordinarily good piece of luck.
To have presented it, however, to its readers with the least possible delay through
will

be duly appreciated.

" apparently

the

official

medium

of the

telegraph

—that

showed genuine

enterprise and a true

conception of the functions of a
newspaper.
We do not deny the importance of the
facts contained in the dispatch.
At the same time
they affect us in rather a curious manner.
They bring
before us an interesting train of reminiscences.
recall a period

which

if

They

not very remote, yet seems long

Our mind runs back some twelve or thirMonths to the time when it was our own aim
to bring to public notice this question of maturing
bonds and the possibility of renewing them at lower
rates of interest.
To be sure, our inquiry was general,
covering all roads and not any particular one, but that
since past.

teen

did not prevent us from giving full details for the

Union Pacific and all other companies.
Looking back ove»our files for last year, we find that in
as stated in a little manual prepared by the Mavthe Investors' Supplement of March 30, 1889, almost
erick
National Bank of Boston, may purchase,
besides
other securities, the bonds of any New two and a half pages were devoted to a tabular preEngland city whose net indebtedness does not ex- sentation of the facts with regard to maturing high-rate
In the Chronicle of the same date there was
ceed 5 per cent of its valuation, and the bonds of bonds.
cities which are situated in eight other States, provided an article commenting at length on the facts thus
these cities have a population of more than 20,000 brought out, and in this article the case of the Union

ever, to note that in Massachusetts the savings banks,
.

inhabitants and a net debt not exceeding 5 per cent of
valuation.
They may also buy first mortgage bonds of
certain

New England

allowable

here.

railroads,

The

laws

of

and other
the

securities not

State

of

Maine

Pacific

was

specifically

Supplement

mentioned.

The figures in the
Union Pacific

so far as they relate to the

were as below.

f
Name.

Bmids,

'—Savingifrefnndtd-\

Principal. Alb per et. A-tipereU
s due.
permit investments in bonds of any New England
Union Pao.—lst mort.. 6 1896-9 27,147,000
271,470
542,940
county, town or city, and in bonds of cities (having not
2dmort. (U. S. Gov.). 6 1896-9 27,236,512
272,365
544,730
3d mort. sink. fund... 8
1893
13,920,000
417,600
556,800
less than 10,000 inhabitants), situated in any one of
Omaha bridge bonds. 8 1896
1,293,000
38,790
51,720
Kan. Pac. IstE. Div.. 6
1895
2,240,000
22,400
44,800
fourteen States out of New England
also, in county
Do Iflt Mid. Div.. 6 1896
4,063,000
40,630
81,260
Do 2d m.(U.8.Q.). 6 1895-7 6,393,000
63,030
126,060
bonds of the same States if the counties have over
Do l8t Deny ex. 6 1899
6,038,000
60,380
120,760
20,000 inhabitants and if the bonds were not issued for
88,240,512 1,186,665 2,069,070
account of railroads; but the debt of such city or
Of course, the fact that the totals here given and
county must not, except in case of St. Louis, exceed 5 those in the dispatch
above are identical, does not
per cent of valuation. This State likewise allows the signify much-»-it is
only a mere coincidence, liable to
purchase of certain railroad stocks and bonds. In happen to any one engaged in that kind of
work. So,
Vermont the bonds of cities in fourteen States in addi- too, the circumstanoe that the figures are not strictly
;

V)hcn

THE CHRONICLE

540

[Vou

L.

—

time being subject to the source of their information. Many others, however,
changes in debt which have occurred during the last follow the opposite policy, and take pains not to idenWe would not charge tify us in any way with the matter takeu from us with
year may be passed lightly by.
our contemporary's correspondent, or his informant, great regularity every week.
We fear our contemporaries of the latter class do not
with having consulted our last year's files. Doubtless
he was not aware we had published such an article. quite comprehend what such a policy frequently leads to.
Perhaps he did not even know that we existed at all. On a given Saturday they will find in the Chronicle
Long experience has taught us that some of our most an article, or an item, or a table, which their judgment
The next week or
enthusiastic admirers, in using material prepared by us, tells them has considerable value.
that there is such a journal as eyen the very next day they transfer it to their own colnot infrequently forget
umns, with unimportant variations. Those who have
the Chronicle.
Besides, is not the information in this case stated to not seen our paper imagine that the matter was original
be "apparently official," and is not that evidence of its with the journal quoting it rather than with us, and
independent origin? We suppose the author of the the result is that work belonging exclusively to us is
"apparently official" statement started his compila- passed around as the product of some other man's brain.
Such things un- Clearly the effect is to place our well-meaning contemtion about the same time we did ours.
If such of them as are so
fortunately happen very often, but as there is con- poraries in a false position.
siderable red tape connected with everything "official" careful not to offend our modesty and reserve by a
it would naturally take a long time to complete his mention of our name, will only reflect on the embarrassstatement, and hence it was delayed till thirteen months ment which they themselves are being put to in this
after the appearance of our own statement.
We regret, way, they may be inclined to change their policy. We
however, that this Boston compiler should have been put promise them not to become proud or vain if they do.
correct for the present

—

to the expense of a special telegram.

With a

little

might have been avoided.
While on this subject we cannot refrain from expressing to our journalistic friends, both amateur and professional, acknowledgments for the kind and thoughtful
way in which so many of them treat us. They use the matter
appearing in the Chronicle facts, figures, ideas, and
everything else with the utmost freedom and liberality.
Not only that, but after having taken an item or statement directly from the Chronicle, they very often
publish it again later on as a "special" from one of
their numerous correspondents at points more or less
remote from New York. To be sure, they do not mention our name in connection with the extracts, and a
person inclined to divine evil motives might imagine

NET EARNINGS IN FEBRUARY.

foresight that

—

—

improvement in the February net earnings on
is of rather moderate proportions,
it is not because railroad business in the aggregate was
unsatisfactory, but because special circumstances and
If the

the roads as a whole

tended to make results less favorable
than they otherwise would have been.
Before dwelling on these features of the exhibit,
however, we wish to call the attention of our readers
to a new departure which we make this week in the
special conditions

publication of the returns of net earnings for the separate roads.
We have always given these returns in our

department each week as soon as
having so published them we did not
For
that this reflected a desire to appropriate other people's repeat them in subsequent numbers of our paper.
work and palm it off as their own. On the contrary, it the convenience of our readers we have now determined
is doubtless merely further evidence of their delicate and to furnish a complete statement once a month (in
thoughtful consideration.
They fear to offend" our the week in which we publish this article on
modesty by giving too great prominence to the source net earnings) of all the roads making monthly reIn this statement the
of their information, and at the same time they wish to ports of their operations.
regular earnings
issued,

but

guard against a too frequent repetition of our name roads are arranged in simple alphabetical order, and
lest their own usefulness might thereby become im- we give not only the results for the month and the
paired.

Though we

are thankful to all such friends for their

extreme solicitude, we are inclined to differ with them
as to the effect on us of giving our journal proper
credit for its work. We do not at all think such marks
of attention would "spoil" us.
We spend considerable

money and

not a

little effort

calendar year, but also the results for the fiscal year
where the fiscal year differs from the calendar year.

The statement,

besides embracing the roads

the basis of the aggregates in the

which form

present article, in-

cludes also those roads which though not yet having reported for the month under review, have reported for

on the matter appearing a previous month. In other words,

it is

a complete pre-

Chronicle, and sometimes we cannot resist a sentation of all roads making returns, with the latest
feeling that due acknowledgment of that fact by all figures obtainable in each case. If therefore any of our
our contemporaries in culling from us, instead of by the readers wish to refer frbm the totals by groups of roads
few who always pursue that course (among which latter as given in this article to the results for the individual
must be included the journal from which the extract roads, they have only to consult the statement in quesIt is
given at the beginning of this article has been taken), tion, appearing this time on pages 557 and 558.
our efforts,
might not be unwelcome.
If we were disposed to spec- significant of the way in which, through
ify, we might refer to our figures of railroad earnings, the list has been extended, that to publish a full stategross and net, which have always cost us so much labor, ment of gross and net earnings of this kind now
not to speak of the expense connected therewith, and requires over a page and a half of our space— nearly
which on their appearance in the Chronicle are so four columns of solid figures.
freely taken and repeated by various different publicaWe have stated that the improvement in net earnings
tions throughout the country.
But the earnings de- for February is of rather moderate proportions. In expartment stands by no means alone in this respect. The act figures, the gain over the same month last year
same appreciative regard is shown for all other depart- reaches $803,598, or about 7i per cent, the number of
ments of our paper. As already intimated, not a few roads included being 115. In January the gain had
of our contemporaries openly and boldly proclaim the been $1,554,376, or 14-30 per cent, the number of roads
in the

THE

,April 10, 1890.]

The

CHIIONICI.R

summary

541

In the South also «ome of the roads suffered fronx
bad weather. The decrease in net on the Norfolk &
Western is doubtless to be explained in that way, as
Jan .ItcFtb. 38.
Februarv.
traffic on the New River division was entirely suspended
lis roadt.)
lUSroodfJ
for five days in the last week of the month by storms,
1889.
1890.
IncrtaH,
IncrtaK.
1889.
1890.
which caused washouts. Floods and high water in the
t
t
*
t
t
*
7,080.993
8,808,116 87,606,593 80,625,600
Gross eam's 48,062,809 89,251,693
Ohio and Mississippi rivers likewise exercised adverse
4,709,-.Hl
8,004,618 63,501,993 58,702,412
Oper. exp... 31,.'il0,180 28,314,671
Not only that, but the cot803,598 24,104,600 21,823,188' 2,381,412 effects in certain sections.
Net eam's 11,743,620 10,940,022
ton movement was decidedly smaller than a year ago in
A glance at this table makes it evident that net remost parts of the South. Nevertheless, Southern roads
sults for February show smaller improvement than for
as a whole are able to show improved net over a year
January, simply by reason of one fact heavier expenses.
$113,503, or 6 per
ago, though the gain is not large
The gain in the February gross ($3,808,116) is larger
cent.
The roads reporting losses in this section are the
than the gain in the January gross, which was $3,500,450,
losses also are generand this notwithstanding that February was a smaller most of them small lines, and the
There is one exception,
ally quite light in amount.
month. It is rather singular that as far as net is
namely the Central of Georgia, which falls 191,474 beconcerned, our February statement has for several
shown only comparatively small changes. hind. But as this loss is made on a gain of $56,601 in
years now
The fact has no special significance, but it is worth men- gross earnings, the augmentation of $148,075 in extioning nevertheless.
Thus in February, 1887, 57 roads penses evidently reflects, as heretofore, very heavy outhad together only $143,339 increase; in February, lays for betterments and improvements. The decrease
of $12,151 in net on the Georgia Railroad & Banking
1888, 74 roads had '$-288,985 increase; in 1889 the inCompany follows from the same circumstance, $19,827
crease was $5G5,070 on 95 roads, and for the present
having been spent in the month for new steel rails and
year the increase, as already stated, is $803,598 on 115
included being 114.

ering February and the

following

first

is

a

cov-

two months of the year.

I

—

—

^

roads.

With reference

new freight cars.
The two roads last mentioned do not stand alone ia
for 1888, as
There is the
the heavy outlays for the purposes named.
our monthly

to the increase in 1888, that,

though small, was really very favorable;
be remembered, was a very poor year,
summaries showing losses all through that year except Pennsylvania, which with $429,935 increase in gross
in February.
Below we give the February aggregates has only $3,689 increase in net. Such a result can only
be explained by very liberal outlays of the character inin full back to 1887.
dicated.
And that is a circumstance that must be
Qross Eurniiig^.
Net &aminQa
borne in mind in interpreting the February results.
February.
Tear
Increate or
Tear
Year
Year
Increase or For evidently with the Pacific roads excluded, and also
will

Otvsn.

1887 (57 roads)..
1888 (74 roads)..
1889 (95 roads)..
1890 (115 roads).

The

Preced'o.

%

t

Oiven.

Decr'aie,
I

24,938,460 22,676,811
30,809,304'28,197,57l

38,225 49l[37,158,829
43,082,809 39,254,893

+ 2.260.849
+ 2,611,793
+ 1,086,885

+ 8,808,110

Preced'Q.

$

»

7,406,993
8,878,661

7,283,664

8,687,676

10,328,140; 9,763,079
ll,743,62o!l0.940,022

Decrease,

a few other special roads like the Central of Georgia
(
+ 143,329 and the Pennsylvania, which, as we see, have been spend+ 288,985
+ 506,070 ing freely for improvements, the showing for the month

+ 803.598 would be greatly improved.

Evidently, also,

large increase in expenses the present year in allowance for these factors, the result even as

February

in part the result of the unfavorable

weather
conditions prevailing both in that month and in the
month preceding in certain sections of the country.
The winter west of the Rocky Mountains was unusually
severe, and railroad operations there were conducted
under great disadvantages. The Central Pacific suffered
from snow blockades in both January and February,
and the expense of removing those blockades was very
heavy.
In Oregon and Washington Territory the interruptions seem to have come chiefly in January, but the
extra outlays entailed thereby could not be confined to
that month, and hence expenses for February pretty
is

is

very

much

making
it

stands

better than appears on the surface.

This conclusion

is

further enforced

when we look

the results for some of the different groups.

at

Probably

there has been greater anxiety with regard to the out-

come" on the roads west of Chicago than with regard to
the result for any section.

It

is

there that the recent

have occurred (those between Chicago
and St. Paul having gone into effect on February 17th),
and it is there that the most lack of harmony prevails.
Yet the February results as a whole in that section are not unsatisfactory, the Northwestern group
showing an increase in net earnings of. $298,416
rate reductions

show the effects of the same influence. Even or 25 per cent. The returns are rather irregular, it
further south on the Pacific Coast, in California, the must be admitted, five lines (out of fourteen) reporting
weather was unfavorable, there having been a great diminished net namely the Cedar Falls & Minnesota,
many rainy days.
the Dubuque & Sioux City, the Minneapolis & St.
It is because of these conditions that the Pacific Louis, the "Soo" Road, and the Quincy Omaha & Kangroup of roads makes such a poor exhibit, the loss in sas City but these, it will be seen, include none of the
generally

—

—

net as compared with the same month last year reach- large systems.
Both the Burlington & Quincy and the
ing $319,234, and this, too, after a loss by the same Milwaukee & St. Paul show very respectable gains.
group in the corresponding month last year. The The Iowa Central also reports greatly improved totals,

Southern Pacific has been the chief

sufferer,

having and the Wisconsin Central has net of $04,492 in
February, 1890, against only $25,593 in February,

sustained a decrease in net of $310,341 (whole system),
and the falling off would have been still greater except
for

an increase on some of the

system.

The Union

lines in its

" Atlantic "

show a
slight increase ($35,262), but that comes entirely from
the eastern end of the system from the lines in Kansas and Nebraska
the Oregon Navigation and the
Oregon Short Line both reporting losses. As to the
Canadian Pacific and the Northern Pacific, the one has
a small increase and the other a small loss.

—

Pacific lines as a whole

—

'

1889.

In the Southwest there has been less difficulty with
regard to rates, and there being a very heavy corn crop

market the roads couposing that group make
any others. The gain
is $329,203, or 37 per cent.
The Atchison is especially,
distinguished for its heavy gain ($265,637), but the St.
Louis & San Francisco also shows a large increase
($63,987), and the Denver Texas & Fort Worth and the

moving

to

relatively a better exhibit Uian

THE CHRONICLE

642

rvou

L.

Denver & Rio Grande likewise record improvement. If
IMPORTS AND EXPORTS OF GOLD
the Kansas and Nebraska lines of the Union Pacific
SILVER
SAN FRANCISCO.
were included in this group, the exhibit would be still
Through the courtesy of the Collector of Customs at San
more striking, for the Central Branch U. P. and the
Francisco, we have this week received the returns of imports
St. Joseph & Grand Island, as well as the various minor
and exports of gold and silver through that port for the month
It is
lines in the Union Pacific system, all show gains.
of March, and they are given in the subjoined statement in

AND

AT

proper to say, however, that there are three roads in the conjunction with the figures for previous months of the fiscal
Southwestern group which have lost in net, namely year 1889-90. The aggregate imports of specie in March were
the Rio Grande Western, the Little Rock & Memphis and smaller than for any month since the beginning of the fiscal
the Kansas City Fort Scott & Memphis, the first two year, being only $370,606, of which $98,045 were gold and $172,561 silver. These supplies came from Victoria and miscellaonly in very small amounts.
neous sources. The gold exports reached a smaller total than
The trunk line group does not show as large a ratio in any month since July, 1889, and included $50,000 to Honolulu,
of increase in net as some other groups, but there is not $13,275 to China, $4,000 to Central America and $765 to Smgaa single road that fails to share in the improvement, pore. The silver exports were $534,565, made up of $494,065
while the returns of the Erie, the Cleveland Cincinnati Mexican dollars to China, $40,000 Mexican to Japan and $500
in nickels to Honolulu. The exhibit for March and the nine
Chicago & St. Louis and the Baltimore & Ohio are
months is as follows
conspicuously good. The result for the Middle Western
IMPORTS OF OOU> AND SILVER AT SAN FRANCISCO.
The loss follows almost
roads is somewhat misleading.
:

entirely

The

from a heavy decrease on the

wfew

other roads, ith but

Among the coal
of New Jersey and

Illinois Central.

exceptions, have done

well.

roads there

tral

the

is

the rest report gains.

all

1889-90.

Bullion

10,741
5,274

July

August
September

.

We

have already referred to the Southern roads, but October
November.
the Chesapeake & Ohio, Cincinnati New Orleans & December...
Texas Pacific, Louisville & Nashville and the Rich- January ....
mond & Danville deserve special mention for the extent February.
Marob
In the Eastern and Middle group the
of their gains.
.

.

Rome Watertown & Ogdensburg is

SILVER.

Coin.

48,117
5?,858
64,563
69,837
180,499 2,295,941
129,020 235,752'
61,277 1,045,982
37,314 632,705
39,040
75,1 17|
11.688 122,191
16,937
98,045

Total.

Bultion.

Coin.

Tolaf.

a loss by the Cen-

Summit Branch and Lykens

Valley, but the Reading and

GOLD.

Months.

.

!,115,442

106,732
984,705
595,391
36,077
110,502
81,108

183,612
218,274
202,456
159,561
237,263
203,196
205,986
213,823
153,701

244,383
241,260
297,687
272,351
260,302
240,073
227,306
232,272
172,561

Total 9 mos. '4,045,972 588.455 4,634,4271:410.323 1.777,872 2.188,195

distinguished in the

EXPORTS OF GOLD AND SILVER FROM SAN FRANCISCO.

same way.
SILVER.

GOLD.

MONTHS.
1889-90.

Net Eamingt.

GroBS Baminaj.

Coin.

iBui'n

Total.

Coin.

BulUor.

Tola'.

February,
1890.

1889.

1890.

»

Trunk

t
12,620.608 11,266,820
2,256,700
2,042,674
5,867.692
6,274,808
3,961,772
3,459,379
8,023,521
7,824,199
5,014,234
5,205,228
2,785,652
2,876,468
1,429,814' 1,216,769
303,818
289,360

lines. ..(10)

Middle West'n (111
Northwestern. .(14)
Southwestern. .(7)
Pacific sy8t'm8(20)

Southern

r'ds.. (31)

Coal comp'niest*)'
Bast'n & Mlddl(9,

Mexican road.. .(1)
Total, 115 roads.

t
3.407,453

667,337
1,596,742
1,216,651
1,609,132

1.894,950

939.776
368.465
53.116

Inc. or Dec.

1889.

t
3,112,817
698,967
1,298,326
887,448
1,928,366
1,781,447
885,744
280,823

-f

*

P.C.
9
8
25
37
17

i
294,636

-41,630
+298,116
+329,203
-319,234
+113,503

6

+54,03l|
-) 87,642

—12,969

68,084

6
31
19

43,062,809

39,264,693

11,743.620

10,940,022

26,003,242
4,325,932

23,175,027

6.997.639
1.244.754

5,865,348
1,342,760

+1,132.291

4,003,827

-98.006

10,144,651

August

.

.

September.
October. ..

November.
December..

January

. .

February.

.

March

20,806
115,433
68,690
342,162
216,944
82,734
179,915
72,328
68,040;

$
410
1,356

460
3,640
1,636
2,824

410

9
21,216
800,858
116,789 1,072,692
69,150
532,370
345,802
893,117
218,580 1,435,890
690,432
85,558
561,625
179,915
203,468
72,738
534,565
68,040

500,1C0 1,301,018
910,892 1,983,584
420,300
952,670
726,700 1,619,817
644,000 2,079,890
732,300 1,422,733
756,125
194,500
203,468
534,565

mos. 1,167.052 1073ti 1,177,788 6,723,017 4,128,852 10,853,869

19
8

11,253,329

July

.33

-.

803,598 7-35

Tot. 9

Jan.ltoMch.l.

Trunk

lines.. .(101

Middle West'n.(13)
Northwestem..(13)
Southwestern. (7)
Pacific syst'ms (20)

3.258,867

2;440,505

+ 818.352

8,157,293

7,176,630

2,643,481

1,795,588

15,951,419
12,443,239

16,231,433

2,953.848

3,852,966

10,886,26£

4,230,640

3,872,713

Coal eomp'nle8(9)
Eastern & Mld.iO)

5,904,828

5,091,724

1,980,209

2.147.268

2,530,16;

Mexican roads. .(I)

635,913

576,98

759,141
136,133

696.264
109.789

+747,893
-899,119
+557,827
—167,057
+162,887
+26,344

80,625,60'

24,104,600

Southern

r'dB..(31)

2,931,400;
j

Total, 113 roads

87.606,593

i8
27

21

21,823,188 +2,281,412 10-45

KOTfi.— Included under the he^d op—
Trunk

tines.

B. & O., East of Ohio.
B. &0.. Westof Ohio.
Clev. Ctn. Chic.

Grand Trunk of
Chic.

&

St. L.

Ciinacia.

& Gd. Trunk.

Det. Gd. U&v. A Mil.
N. y. L. E. & West.

Ohio & MlBsslsalpt.
Pennsylvana.

Wabaeb

(codsoI, system.)

Middle Western.
ChJc. & V* eat Mich.
Cleveland Akron A Col.
Cleveland A Canton.
Det. Bay City A Alpena.
Det. Lung. & Nor.
Flint & Here Mnrq.
Illinois Central.

Ind. Dec.

& West.

Lake Erie & Western.
Piits. Vounjis. & Ash.*
Toledo Col. & Cm. »

& Ohio Central.
Tol. & O. C. Extension.
Tol. Peoria & vv.
Toledo

Sorthwestem.
Cedar Ealls & Minn.
Chic.
Cblc.
Chic.
Chic.

Burl. & Nurth.
Burl. A Quincy.
Mil. i St pau).
3t. Paul A K. C*

Dubuque & Sioux Cif.
Green Bay W.&
Iowa Ctntral.

et. Paul.

Keokuk & Western.
Minn. St St. Lmtlf*.
Minn. St. Paul AS S. M.
guincy 'Jmahii A K. C.
t. Paul &
TVisconsin

*

Hu utb.
C ntrul.

For the month onlr.

Southwestern.
Ga. Southern and Fla.
Atch.Topeha & Santa Fe. Jack. Tampa A K. VV.
Denver & Rio Grande.
Kentucky Central.
Den er Te-tas & Ft. W.
Louisville A Nashville.
'

Kan. C. F'. S.
Little Koek &

& Mem.

Mt mphls.
Rio Grandft Western.
St. Louia & San Fran.

Prescolt & Ariz. Cent.
San. Fran. & Nrrth. Pac.
So. Pac.— Pac. System.
Gal.Har. &S. A.
Louis. Western.
Morgan's Ija. & T.
>'. Y. Tex. & Mex.
Texas A New Orleans.
Union Pacitic—
Ore. Sh. L. A Utah Nor,
Oregon Hy & Nav. Co.
St.

Joseph AGrana

Nash. Chat. A St. Louis.
Orleans A Gulf.
Norfolk A Western.

New

Ohio Kiver.
Petersburg.

Pacific Systems.

Canadian Pacific.
Northern Paciflc.
Oregon Improvem't Co.

[si.

leaver feadville & G.
Rest of U. P. system.

Richmond &

Danville.
Virginia Midland.
Char. Col. A Aug.
Columbia A Greenville.
West. North Carolina.

Wash.

O.

&

VV.

Ash. A Spar.
Georgia Paciflc.
Rich, A Petersburg.

Shenandoah Vulley.
Wrightsv. A Tennille.
Coal Companies.
Buff. Roch. A Pitts.

New Jersey.
A RfadiDK.
Cleveland A tiA.

Central of
Phiia.
PittJ>.
Pi ts.

Painesvitle

A

F.

Pittsburg A Western.
Central Branch.
Summit Branch.
tana Union.
Lykens Valley.
Leaven. Top. & Soothw.
Western N. Y. A Penn.
Man. Alma & Burl.
Eastern A Middle.
Southern Roads.
AlleKoeny Valley.
Atlantic A D«nv.
Baltimore A Potomac.
Cape Fear A Yad. Val.

Mm

Central of t^eorgta.

Ches. & Ohiw.
Cbe-. Ohio A Southwest.

Camdnn A

Atlantic.

New York A Niuthern.
N. Y. Ontario A West.

Northern Central.
N. O. A Tex Pac.
Rome Watertown A Ogd.
Orl. A Northeast.
Alu^ama A Vick-burg. Siaten Island.
West Jersey.
Vlcki^burg Sh. A Pac.

cm.

New

EUz. Lex.

A

Big -a- dy.

Georgia RH. AB'kg ro.

^fexicnn lioad.

Mexican National.

[From our own correspondent.]

42
23
15

London, Saturday, April

5, 1890,

Wednesday afternoon the outside market was very
poorly supplied with funds and had to borrow largely from
the Bank of England. The India Council on Monday and
Tuesday called in much of the money which it had lent to

Up

to

the bill brokers and disccunt houses, and so did several banks
and leading financial houses. The rate of interest in the open
market therefore ranged from about SJ^ to 4 per cent. The
Bank of England charged from 4 to 4}^ per cent. Yet the

discount was steadily declining. On Wednesday
afternoon, however, the supply in the market was suddenly
increased by the Government paying for consols which had
been bought for the sinking fund and by the Bank of England
repaying loans it had raised upon consols. Bill brokers and
rate of

discount houses were therefore able to repay large sums to
the Bank of England, and the rate for short loans fell sharply
to 2J^^ per cent, the rate of discount declining at the same
time to about 2J4 per cent.
The general expectation is that we shall have a considerable
period of easy money after Easter. The payment of the
interest on the national debt, the purchases for the sinking

payment of the Bank of England dividend, the
repayment by the Bank of money borrowed on consols and
the transfers from the Government to the County Councils
will add largely to the supply in the market. Further, the
fear entertained that gold will be shipped to New York has
disappeared, while gold instead of going to Bueno.'. Ayres is
coming back from that city. To put down the premium on
gold the Argentine Finance Minister sold large amounts of the
metal during the past couple of months, and almost as soon
fund, the

Apbil

19,

THE CHRONICLE.

U90.]

as it was delivered it was shipped to Europe. Part of the
gold has gone into the Bank of England and part has been
taken to Berlin, and therefore it is hoped that there will be no

withdrawals from the Bank for Berlin.
But while all this is true, it must not be forgotten, on the
other side, that the outside market owes to the Bank an
amount equal to the interest, payable next week, on the
that the outflow of coin and notes for the
national debt
and
internal circulation in a few weeks will be very large
that gold shipments may begin at any moment, for though
gold is now coming from Buenos Ay res it may be taken back,
and certainly will be taken back, if the Argentine Government can raise a loan in Europe or can dispose of state rail;

;

does not seem probable therefore
will be either so plentiful or so cheap as the

ways

or other property.

that

money

It

market generally expects.
The price of silver continues firm at 48^d. peroz., and
there has been a sharp rise in Mexican dollars, the demand
coming from China, this being the active season there.
During the financial year ended on Monday night the India
Council realized from the sale of its bills and telegraphic
transfers £15,474.496, or £784,000 more than had been estimated for in the Budget twelve months ago, and the average
price obtained was 3-16 of a penny per rupee higher than the
Budget estimate. In the new financial year the estimate is
that the sales will realize a trifle under 15 millions sterling,
is to say, nearly half a million sterling less than in the
past financial year, and the price expected to be obtained is
the same as the average for the past year. The action of the
Council will probably largely depend upon whether the price of
silver is maintained or not. If the price is high, and conse-

that

—

quently the bills can be sold advantageously, no doubt the
Council will sell freely otherwise it will sell sparingly. If
the price is to depend mainly upon the Indian demand, it is
not likely to be maintained, for in the ten months ended with
January last the value of the imports into India, including
merchandise, treasure and Cauncil bills, was somewhat over
86J^ crores of rupees, while the value of the exports was but
a little over 84 crores of rupees. The balance against India
was thus nearly 2% crores of rupees or, at Is. 5d. per rupee,
;

not far short of 2 millions sterling.
During the financial year ended on Monday night the total
revenue collected by the Government of the United Kingdom
was £94,489,836. Out of this, however, £5,185,530 have to be
handed over to the local authorities, leaving the imperial
revenue £89,304,816. Roughly, therefore, the Chancellor of
the Exchequer has received 3J^ millions more than he estimated twelve months ago. The expenditure is a trifle under
the estimate of the Budget, and consequently he has a realized surplus of fully 3J^ millions sterling. For the new year
the expenditure apparently will be a trifle over 86>i millions
The expenditure on the Army, Navy and Civil
sterling.
Service is known; the permanent charge of the debt is also
known. The only point on which any doubt arises is as to
what are called the "Other Consolidated Fund Charges," which
may vary by a few hundreds of thousands of pounds. Possibly, too, the Chancellor of the Exchequer may add something for the 4 millions sterling he is about to lay out in building and repairing barracks. Apparently the expenditure will
not be more than 86^ millions, while the revenue may fairly
be estimated at 90J^ millions sterling, unless the Chancellor of
the Exchequer has any reason for wishing to keep down his

carried on.

(43

Still

funded, and

it

a large part of the floating debt

is

beUeved that an attempt

lias

will be

Egyptian governments for the conversion of the Egyptian
Preference debt are going on satisfactorily, and preparations
are being made for converting a part. of the Turkish debt. If
speculation becomes active in Paris, and if prices are raised
considerably, there may be a return of confidence in this
market and business may become larger.
But it is diflicult to see how there can be sustained activity.
Many believe that there must be a collapse in the Argentine
Republic, that Brazilian securities of all kinds must decline
further, and that there must be a liquidation of the bad

still

business accumulated in Germany.
Besides this it is known
that the grettt financial bouses here and upon the Continent,
the syndicates, the trust companies and the large operators,
are heavily loaded with stocks which the public have refused

and in addition to this all prices are exceedingly high.
Egyptian unified bonds this week have been quoted higher
than ever before. Lastly, and not less serious than any of
these facts, is the renewed uneasiness inspired by the removal
of Prince Bismarck. The world had come to the conclusion
that he would maintain the peace as long as he lived. Now
that he is no longer at the helm nobody knows what may
happen. People have become accustomed to expect surprises
from the German Emperor, and they are growing nervous
resi)ecting him.
The dock strike in Liverpool has at last been settled, but
strikes on a smaller scale are going on all over the country,
and the miners of Durham, who only a couple of weeks ago
accepted an advance of 5 per cent from the mine owners,
have put forward a fresh demand for a large advance. It is
hardly thought probable, however, that a strike wiU occur.
to buy,

rise in the price of coal and in wages and
the recent wild speculation in pig iron are adversely affecting
the manufacturing branches of the iron and steel trades.
Even pig iron makers complain that at present prices they are

Meantime the great

losing

money and in many

cases they are closing their works.

manufacturing branches that the pinch
is felt.
The manufacturers say that they cannot reduce their
quotations, and their customers insist that they wiU not buy at

But

it is

chiefly in the

current prices. In shipbuilding the paucity of new orders-is
as marked as ever almost, although March was not quite as
bad a month as January and February. It is reported, however, from the Clyde that while in the first quarter of last

new

vessels ordered amounted to 80,000 tons, in the
months of this year they have not amounted to
much more than 15,000 tons. The falling off is of course the
result of over-building in the past two years, which has

year the
first

three

brought about a great fall in freights. In its turn the lessened demand for shipbuilding is injuriously affecting the iron

and steel trades.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols,

compared with the

1888.

£

£

£

24.931,370

24.493,960

U.169,211
2o.8M.103

12,359,055

24,601.746
13,347.163
23,795,372

24,762,870
8,202,209

£
,..

Otlier securities

24,505,603

25,019,301

23.962,306

Keserve

16,354,011

14,338,906

1.1,447,155

estimate as low as possible.
The Committee of the Stock Exchange decided upon closing

Coinand

bullion
Prop, assets to llabiUtlos. per ct.

23,835,381

22,930356

21,818.900

HH

sm

perct.

Consequently from last Thursday
the Exchange to-day.
evening till next Tuesday morning no business can be done.
With this prospect before them it was not likely that operators

Consols
Clearing-House returns

4
9715-18

new

risks to

any large extent, and

there-

fore business has continued very inactive all through the
week; yet undoubtedly there has been a better tone, prices in

almost every department being higher than last week. As we
have said, however, this is not due to increased business.
The selling from Berlin has once more come to an end, and it
The great
is hoped now that the crisis is over for the present.
banks of the Continent have combined to support the market,
and if no political accident happens, the expectation is that
until midsummer at all events the Bourse will pull through
satisfactorily.
In Paris preparations were being made for an
active campaign after Easter, but the retirement of Prince
Bismarck has created a very uneasy feeling there, and it is
doubtful now whether a very fictive speculation can be

Bankrate

1887.

1889.

1890.

Circulation
Public deposits
Other deposits
Government securities

<S:c.,

last three years:

24,089,888
15,710,396

in

made

voluntarily to convert the 4J^ per cents. It is announced,
too, that the negotiations between the French and the

16.770,925

would engage

be

to

181,793,000

18,210,712

361-18

25,058.014
14,434,661
21,465,331
15,224,609
24,237,479

4SX

2

3

109,651,000

128,392.000

a

9»H
180,059,000

The following shows the imports

of cereal produce into the

United Kingdom during the thirty weeks of the season compared with previous seasons:
IMPORTS.
1888-89.
35,886,118
12,541,404
Barley
9.093,124
Oats
1.214,488
..
l,12-<.»22
Peas
1,904,009
2,041,118
Beans""".'.'..'
20,657,595 :5,7S0,715
Inrtlancorn
8,598,7410,200,961
Flo,^
1888-89.
1889-90.
30j. 2d.
Aver, price wheat week.298. 9(1.
3l8. 6d.
Av. price wheat Bcason. 293. lid.

Wheat

1889-90.
owt. 30,357,399
10,419,436
7,622,304

1887 88.

1886-87.

26.937,165
11,213,364

29,808,586
12,070,628
8,310.349
1,447.807
8.534,107
15,539,818
10,110,589

9.210.7!)3
2,05-<,674

1„564,778
12,715.984
10,823,320
1887-88.
30*.
30s.

3d.
2d.

1886-87.
338.
328.

3d.

7d.

EuglUli Financial Markets— Per Cable.
The daily closing quotations for securities, &c., at London,
ending
are reported by cable as foUows for the week
April 18;

THE CHRONICLE.

t1544
Hon.

Silver, per oz

441a

45

Consols, new

?1>

98

— Attention

Tues.

4414

9f3,g

London.

Sat.

d.
2^ perota.
tor account
981i«
Fr'oh rentes (in Parle) fr. 89-22's

do

45%
»8%

8910

98Bl8
9838

89 05

89221s 3015

106

106

106

l(i6

106

124%

U. 8. 4>s»of 1891
D. B. 48 of 1907
Canadian PaolUc

124«i

124%

124%

124%

75%

691s

7514
701a
II8I4

74%

74
Chlo. Mil. & St. Paul.... 09 3e
niinols Central
118
110
Lake Shore

118
110

iouisvllle & Nashville.. 8GI9
73 14
Mexican Central 48
N.Y. Central & Hudson. lOO's
N.Y. Lake Erif & West'n 2 IBs
do.
2<1 cons
103
Norfolk A Western, pret Gl's

110%
87%

8:II»

731a

55 '4
201a

611a

61%

757o

75'8

551a

20=8

& Readlnx.

55 '8
21
65 !«
31

56%

64

61%

20%
65%

301a

Cnlou Pacitic
Wabash, pref

7408
11018
25 le

25 14
103 Ifl

75%

55%

Fhlladelphia

74
IIOI4

25 >a
103 14
63 14

103
62
75 14

1181a
110>«
87=8
75I8

110%
87%

87%

73''a

244t

751a

70%
llii%

UOis

110

Northern Pacific, pref..
Fennsylvania

761*

70 14
II8I4
11034

3018

31

llOfis

2514
1031a

103%

61%

761a
56»B

21%

2ll8
651a
3114

65 la
3113

Imports and Exports for the Week.— The imports of
compared with those of the preoeding week, show
a decrease in both dry goods and general merchandise.
The total imports were $9,877,536, against $12,060,396
the preceding week and $8,811,610 two weeks previous. The
exports for the week ended April 13 amounted to $8,050,497,
against $5,393,334 last week and $3,971,873 two weeks previous.
The following are the imports at New York for the week
ending (for dry goods) April 10 and for the week ending (for

last week,

general merchandise) April 11; also totals since the beginning
of the first week in January.
FOREIGN IMPORTS AT NEW TORK.
For Week.

1887.

Dry Goortg

188s.

1889.

1890.

$2,436,895
9,944,663

Total
Since Jan. 1.
Dry Goorta
Oen'lmer'dise..

$2,847,061
8,352,252

$2,294,985
5,471,109

$2,328,344
7,549,182

$12,381,558

Qen'lmei'dise..

$11,229,313

$7,766,094

$9,877,526

*42, 190,1 55

845,065,880
101,778,991

95,7k3,508

Total 15 weefes. «1 37.973,6'

f47,849,493
102,525,641

$50,260,612
99,139,626

$146,844,871 $150,375,134 $149,400,238

In our report of the dry goods trade will be found the imports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending April 15 and from January 1 to date:
EXPORTS FROM

NEW YORK FOR THE WEEK.

1887.

1883.

For the week....
Prev. reported..

«.5,:!21,104

Total, 15 wBBks.

$n8.006.034

$85,79

),(^87

1890.

$6,491,684
96,221,160

$6,050,497

*102,712,844

$99,424,102

93,373,li05

The following table shows the exports and imports of specie
at the port of New York for the week ending April 12 and
since January 1, 1890, and for the corresponding periods in
1889 and 1888:
EXPORTS AND IMPORTS OF SPECIE AT
Exporlt.

Week.

Import$.

SUt^Jan.X.

Week.

$1,200

$50,979
5,000

$158',64"6

3'74,508

l,7'66',i99

202,650
4,118

AU other countries.
Total 1890
Total 1889
Total 1888

802,078
23,290

"4,560

$2,649,146
7,739,111
4,368,578

$369,974
180,906
200,412

$3,824,143
2,142,439
3,509,816

182,6o6
.

$5=.7,T0S
.

793,263
268,200

Since Jan.\.

$150,582

1,600

ExporU.

JmporU,

Great Britain
France

West Indies
Mexico
South America

AU

$546,275
..

""400

1.

Week.

$9,733

$79,843

32',972

"6,558

1,351
9,773
90.272

1,000

156,, 99

$546,675
575,220
310,577

$7,834,370
o,36i,293
3,645,324

135.037
52,: 24
93,044

$17,911
12,579
1,231

—Attention is called to the loan offered by the Doran &
"Wright Company, Limited, of this city, of the County of
Allegheny, State of Pennsylvania, bearing SJ^ per cent interest.
These bonds are registered 5-20 bonds and are issued to
retire balance of "riot" bonds issued in 1881, and are free from
taxation. The total debt of the countv January 1, 1890, was
$4,641,681, while the assessed valuation'was $368,227,838, with
a population of a half million people. These bonds are recommended by them as investments for executors, trustees,
savings institutions, &c., and will be awarded to the highest
bidder. Bids will be received by the Doran & Wright Company to April 80, 1890, for all or any portion of $650,000 of
these securities. Particulars will be found in their advertisement.

the

—

—A

attention.

— Messrs.
umns

Joseph Walker

&

to-day to holders of

Sons give notice in our colthe Green Bay Winona & St.

Paul income bonds and stock, that, as fiscal agents, in accordance with the plan presented under date of July 15, 1889, the
subscription under second call is payable on the "2l8t of April,
1890, at the Farmers' Loan & Trust Co., ti'ustee, this city.
At a directors' meeting of the International Loan & Trust
Co., of Kansas City, Mr. J. S. Chick resigned, as President,
and Mr. G. F. Putnam was elected to fill the vacancy. Mr.

—

Putnam went to Kansas City from New England in 1882, and
became connected with the company in 1887. He has successively filled the offices of General Manager and Treasurer.
Messrs. John H. Davis & Co., whose advertisement appears in another column to-day, offer to their clients, free of
thoroughly equipped bureau of information for
determining the values of all kinds of railroad and other

cliarge, their

mortgage bonds. Parties desiring to
avail themselves at once of this offer.

buy or

sell securities

can

—The time for the deposit

of Cameron Iron Coal Company
under the plan and agreement dated March 26, 1890,
lodged with the Central Trust Company, is extended to and
including May 1, 1890.
The regular quarterly dividend of \% per cent on the
capital stock of the St. Paul Minneapolis & Manitoba will
be paid May 1.
securities

— Messrs.

selected

list

Reed

&

Flagg offer in to-day's CHRONICLE a
and bonds for investment.

of railway stocks

i§i«iUlU0

and

^iwitttclitl

TO IKTESTORS.
$650,000

COUNTY OF ALLEGHE.VY

(State of Pennsylvania)
3>a Per Cent.

Reslstered Bonds, 5-20,

1

NEW YOKK FUND8.
FREE FROM TAXATION.
IN

$4,641,681 14
Total debt of County Jan. 1, 1890
Assessed Valu.ation
$268,227,828 00
500,000
Population
These bonds are Issued to retire balance ot Riot Bonds, and are in
every way a desirable FIRS't-CLASS SECDEirY.
Bids will be received outU May 1. Partioulivrs on application.

$467,044
484,9-6
574,233

""620

of

;

Since Jan.\.

$7,602,987
19,000
32,612

.,

other oountriea...

Total 1890
Total 1889
Total 18-8

Since Jan.

$193,000

INTEEEST PAYABLE SE.VII-ANNUAXLY, APRIL AND.OCTOBER

BilvcT

Week.

of

already first class connections with the Erie Railway. It is
proposed to extend this line on the north to Stanley, where it
will connect with the Northern Central Railway
thence to
Geneva, where connection will be made with the New York
Central and Lehigh Valley railways, a distance of about 30
miles, while on the west it is intended to run to HomellsvUle, a
distance of 18 mUes, connecting there with the New York Lake
Erie & Western tor points South and West, thus making it
an important system. These bonds are now offered for the
first time on a basis that will net the investor six per cent.
Since railway enterprises in the State of New York are regarded as among the most desirable, investors will doubtl'^s
find this an issue to meet their approbation upon examination
of its real merits. The Farmers' Loan & Trust Company, this
city, are the trustees of the mortgage.
Buyers and sellers of foreign exchange, cable transfers,
also" commercial credits available in all parts of the world,
should notice the card of the Merchant's Bank of Canada in
the columns of the Chronicle. This bank has a paid-up capital of $3,229,200, with a reserve fund of $2,135,000.
Messrs.
Henry Hague and John B. Harris, Jr., are the agents of the
bank in this city, where they are well and favorably known.
limited issue of Flint & Pere Marquette Railway Company's bonds are offered in the Chronicle columns to-day by
the First National Bank of New York and Messrs. Fahnestoek
& Co. These bonds are offered for the present at 105 and
accrued interest, and as the earnings of the company show a
steady increase bond buyers will no doubt give them their

2,402.226
890,0>e
79.102
4.842
57,927
239,408

Geirmany

West Indlea
Mexico
South America

issue

—

NEW TORK.

tlold.

Great Britain

the

to

—

1889.

$5,096,621
80,094,066

82,744,930

called

is

Kanona & Prattsburg Railway Company bonds, offered in this
city by the well-known firm of Jones & Faile, invest9314
ment bankers. These are first mortgage 5 per cent fifty-year
98 MS
89121a bonds, interest payable in New York in January and July," and
106
are issued at about $16,000 to the mile.
The road is situated
124%
in this State, and is now in successful operation from Kanona
76 '8
to Prattsburg, running through a fine valley, and having
70%
4fil8

46>fl

985is

98^"

98S,«

[Vol. L.

DORAN & WHIGHT COMPANY,
NO. 10 WALL STREET.

Spencee Trask &

lilmtted,

Co.,

BANKERS.
N08. 16 and 18 Broad Street,
ALBANY, N. Y.: SARATOGA, N. Y:

New

Ifork City.
PROViDISXCE, K. L:

TRANSACT A GENERAL B.4NKING BUSINESS.
AU classes of Sccuritlos Bought and Sold on Coramlsslou. Special
attention Riven to Investment Securities. Direct wire vo each olUo*
and to Philadelphia, Boston and Chicago.
I^"

FIVE PER CENT 60-YEAR GOLD BON DS OF

THE

" Kanona & Pratteburgh" RR. Co., 6 per cent 40-yeir bonds of the
" Valley of Ohio" RR. Co. and choice municipal and corporation bonds
paying from 3 "^ to 6 per cent nel, are offered and recommended as desirable income investmentsby Mesers. Jones & Faile, In vestment Bankers
135 Broadway, N. Y.

APRIL

THE CHRONICLR

19, 1890.J

gelling %(S)14 premium; St. Louis, 70c. per $1,000 premium;
Chicago, 25c. per $1,000 premium.
The poiited rates of leading bankers for foreign exchange are

ghje ganluers' (^nztttt.
DIVIDENDS!

as follows

Tlie following dividends liave recently been announced

When
Payable.

{Days tnelv$ive.)

1

Paclflc (quar.)

May

1

Fire luauranee.
American

Ou dem.

Bank.

April 30

April 20 to April 22

& Cattle Feed,

Aprir22toMay

(guar.)

WALL

to

18,

1890-3

P.

1

this

I

—

were fours.
The statement for this week

|l,599,600

*ii

week, notwithstanding tiie unsettled rates on
West. The further reduction in the Bank of England rate is
a good feature, and if the very easy money in London encourages a renewed interest in American securities, as now
seems quite possible, it may protect us from an export of gold
and at the same time help our stock and bond markets by the
There seem to be
increased demand for foreign account.

why

((fuilders)

M.

railroads in the

reasons

4 88

95_a 95 >el03 ^h s 95 %
Quotations for Government bonds
LiPlti-d States Bonds.
remain unchanged, and the market has been firm in tone. The
purchases by the Treasury this week were $3,008,3.50, of which

The Money Alarket and Financial Situation.—There has
been a much stronger feeUng in Stock Exchange circles tliis

many

Demand.

Frankfort or lirpmcn (relchmarkfl)

April 16 to

IQIscellaneciti**
(monthly) .

May
2^ May
STREET, FRIDAY, April

Auiaterdam

April 16 to
•

Day:

5 18^> 5 ISig 5 in>435 10°B
40<|„«40>4
i03H&Vy>,m

Purls (francs)

3*25 X May

Holland Truat

Sixty

4 86
Prime bankers' sterling bills on London.
4 84 *4 84I4
Prime commeroiaV
4 83%«4 84
Docnmcuiary commercial

Bookf Oloied.

Cent.

Railroadfi t
KortliemN. H

Distil.

April 18.

J^

Name of Company.

515

gatardar

^S.OOO

...

Monday

238,000

Tawdar-...
Wedn'sdsr.

ToUl.

The

.

..

»403.750

14,000

1403.750

Periodt

88.460
9,000
801.190

9,000
301,190
IS.OOC

103)^

16.000
751.800

751,200

April

Ui
188
183
122
128

as follows

April April April

14.

12.

poM

1.699.600 $1,599,600

Board have been

Interetl April

and under the present outlook it is one of the supporting influences that may be counted upon as probable rather
active,

t4'4e,800

86,490

103«
103H

closing prices at the N. Y.

1007.

128

M8«,800

lOSii

12S,900

290

14.000
188,500

Thnriday..
rrldar

OenU due

Oferinte. Pwrch'ee. Prleee

I03«
103«

(23,000
836,000

:

« Per

ISBl.

Oferinot. Pureh'a. Price* paid.

demand should again become more

than otherwise.
In our home market the question of actual values and possible dividends is much more discussed and made a basis of
operations than it was in some former periods. Then, the attitude of certain heavy operators or the possibility of a speculative boom were the main points talked about: but at the
present time we think that the earnings of tlie different properties and the dividend prospects of each one are more seriously weighed than ever before, and if this is true it is a
healthy indication. Dividends must finally be the touch-stone
by which stocks are to be judged, while speculative moves and
combinations on a large scale frequently end in heavy losses to
outsiders, and hence in an ultimate damage to stock business
in general. We saw enough of this with the " Trusts " during

Per OenU tut

as follows

is

15.

16.

17.

;

AprU
18.

reg. Q.-Mch. •10313 *103i2 *103>.2 *103>2 *103ia *103ia

4128, 1891
4>ss, 1891
49, 1907

coup |a.-Mch. • lOa'^' 103^ 'U)3^ *103i2M03i3!*103'a
122'8*122 "122
122 l*122
reg. Q.-Jan •122
122 ^122 !*122 1*122 '122
».coup.lQ.^an. -122
48,1907
116 1-116 *116 'llO *116
rog. J. & J. •116
cur'oy.'95
68,
.

1

I

I

6s,
68,
68,
6s,

reg.|J.

our'cy,'96

&

J,

*118»8

reg. J. & J, *121
reg. J. i 3. •124

cur'o.v.'97

I

II8I3 •11813 •ll-<i« *118is *118»9
121 |'12l ,*121 *121 1*121

1'^a.i
''124
'124 i'124 *124
reg.J. & 3. •12613*12612 *126J2 126I9 *126i*l*126'«
bid at the moming board no sale was made.
This is the price
State and Railroad Bonds. Business in State bonds at the
Exchange continues limited, but the transactions have been at
good prices, as follows $20,000 Tenn. sett. 5s at lOl® 10414',
$21,000 sett. 3s at 74(375, and $3,800 sett. 3s (small) at 71>^@
721^; $10,000 No. Car. 6s, 1919, at 125, $7,500 consol. 4s at MJ-^
fa 97 and $1,D00 special tax trust rects at 4}.ii; $1,000 So. Car. 6s
1889.
Bro\vn consols at 102%; $1,000 Va. 6b def. tr. rects. at 7%, and
The business in bonds has much improved lately the Board $5,000 Ala. cur. fund. 4s at 108.
lists show large sales, and many bonds have advanced conRailroad bonds are in good demand, with the tendency of
siderably. This is a favorable condition of affairs at all times. prices still upward, several issues having made large adcomparison of prices for the various Exchange member- vances during the week. The most prominent in point of acships this month and in April, 1889, is given below.
Penn. 2ds, which rose from 33 on
tivity were the West. N. Y.
EXCHANGE HEMBliRSiriPS
Saturday last to 38 on Wednesdays, closing to-day at 37; the
Pitts, stock it is presumed will affect
deal in Buff. Roch.
April
jt pril,
Exchange.
Den. City
P. Road. Fort Worth
favorably the W. N. Y.
1889.
1890.
Ists and Atl.
Pac. incomes have also been active and adN'^w Yoik Ptock ExchaDKe
$21,000 $20,000 vancing, the former to 109 to-day; dies.
Ohio consol. 69
SeTT York ConBolidatcd Stock & Petroleum Excb.
700
275
active
New York t roiluce ExclianRC
1.1
900 close at 1031^. Rio Grande Western Ists have been
Tex. new genNew York Cotton Kxcliaiige
850
630 and advancing, closing at 73)^. Mo. Kan.
New York Coffee Kxcliange
625
500 eral 43 (trust rects.) were quite active Thursday and to-day at
New York Real Estate Exchange & Auction Boom..
*1,200
1,200
West. ext. 5s were active to-day,
13,0li0 75%-'i6}4, and the M. L. S.
Boston Stock Exoliange
11,000
Philadelphia Stock Exchange
,950 2,500 bid closing at lOSi^.
Ciiica?-o Board of Trade
1,300!
1,075
Railroad and Miscellaneous Stocks.—Although the rail-

cur'oj ,'98
cur' jy ,'93

1*124

*

;

—

:

;

A

&

&

&

&

&

&

.

&

&

road situation at the West remains in an unsatisfactory conthough Irregular during the past week, have
had a strong undertone. The grangers (notably Rock Island),
the D. L. & W., Missouri Pacific and Union Pacific furnished the bulk of the business, with some help from Col.
With but few exceptions, prices all
C. & Iron and Pac. Mail.
along the list show advances, and in many ca.ses quite substantial ones. Lackawanna, on active transactions, has advanced to 139% from 135^ last Friday, and Mr. S. V. White is
again reported as a bull in this stock; D. & H. and Cent. N.,.^.
also gained several points on signs of a better spring and summer trade in anthracite coal. The buying of Col.Coal & Iron was
the total surplus being $453,400, against 11,443,475, the pre- reported to be for inside parties, and it went to 52I2 Thursday,
a gain of 61^ per cent from last Friday. The advance to 41i^
vious week.
in Pac. Mad, on a good business, was said to be on rumored
1890.
negotiations with the Nor. Pac. RR. for a trans-Pacific line to
Differen'sfrom
1889.
1888.
April 12.
trtv. week.
Apra 13. April 14.
run from Tacoma; it closes at 40^. Oregon Nav. advanced to
102 Thursday, from 971.^ last week, reported to be on coverCapital
61,062, 700
....
60,762 .700; 50,513, 00 ing by shorts. Manhattan El., on the negotiation of the conSurplus
600;
58,249,
....
53,452 .700' 58,92K ,400 solidated bonds, advanced to 112, closing at 111, and U. S. ExLouuK and disc'ts 406,608, 700 Dec.l, 449,000 417,446 ,300 367. 2S( ,80P
press, which reached its lowest point ou Monday (70) since the
Circulation
3.H71, OOO Dec.
47,1(10
4.273,.100
7,737,,400
break, closes to-day at 73}^. The Ches. & Ohio stocks were
Net deposits
410.23S, 800 Dec.l, 330,500, 434.143,,800
4.430. 700
Bpeeie
80.101, 600 Dec.l, 755,100' 81.234,,500 372.946, 000 features to-day and very strong.
The Western National bank
Jjegal tender.s
22,907, 500 luc
430.900 33.367,,000 31.532, 100 stock has been remarkably active since Messrs. Depew, WhitKeserve hold
103.012, lOODec.l, 324,200; 114,601,,500'l04,47-', 100 ney and Hyde went into the directory, and clo.ses strong at 110.
Legal reserve
102,559, ,700;Deo. 334,1251 108,535,,950 93,607,.675
In the Trusts no business of importance was transacted until
Surplus reserve
452.400 Dec. 990,0751 6,065,55o! 10.870.425 Thursday, when dealings in Sugar (which on Wednesday agfregated only 5,250 shares) footed up 33.468 shares, at 60 to
Foreisru Kxchange. Few bills have been offering and the
6Jg. and the activity was continued to-day, the price rising
market has been quiet. The Bank of England rate has been to 685^. Lead also was more active to-day. .The closing
reduced to S per cent, and the easy money in London is stimurices were
Sugar 68i^, Pipe Lines 84/^, Lead 18i^; against
lating the demand for American securities. Posted rates are S
To-day Chicago
2?8. 801^ and 17>8 respectively last Fi-iday.
*

Nominal.

open market rates for call loans dvuing the week on
stock and bond collaterals have ranged from 3 to 6 per cent,
\»th 4 per cent as a fair average. Prime commercial paper is
quoted at 5)^(0 6 p. c.
The Banlc of England weekly statement on Thursday showed
a gain in specie of £242,000, and the percentage of reserve to
liabilities was 45'30, against 43-90 last week; the discount rate
was reduced to 3 per cent. The Bank of France gained 5,475,000 francs in gold and 675,000 francs in silver.
The New York Clearing House banks in their statement of
April 12 showed a decrease in the surplus reserve of ?990,075,
Tlie

dition, stocks,

—

:

now

4 86 and 4 88. On actual business rates are as follows,
Bankers' 60 days' sterling, 4 85,a4 SSJ^; demand, 4 87(*
4 871^; cable,^, 4 87ii^@4 87i.^.
The foUowmg were the rates cf domestic exchange on New
York at the under-mentioned cities to-day: Savannah, buying
par, sclhng \i'a% premium
New Orleans, commercial,
7oc. premium; bank, $1 premium; Charleston, buying par.
viz.:

;

Gas was quite active, closing at 48%.
The new rule regarding full commissions in the unlisted
department went into effect on Thursday.
A feature at the Exchange this week was the re-appearance
of silver bullion certs., $20,000 of which sold on Wednesday
at lOOM-Ja'. $10,000 on Thursday at 102 and $60,000 to-day at

'

THE CHROJNlOLK

646
STOCKS-PRICES AT

N. Y.

[Vol.

APAIL

STOCK EXCHANOE FOB WEEK ENDING

18,

HIGHEST AND LOWEST PRICES
STOCKS.

BaturdaT.
April 12.

Active HK. Stock*.
Atohlsoii Top. & Santa Fe

37%

*71i2
54>4

Canadiau Pacific
Cauada SoutUern

3714
7212
54'4

Tuesday,

Wednesday,

Thursday,

AprU

April 15.

April 16.

April 17.

Friday,
April 18.

37% 38>4 37%
73% 74% 74%
54% 54% 55
118 120 120

37% 38%

38% 3814 38%
74% 7414 75
55
54% 54%
119 119
120% xll9%119%
•31
31
31
31% '30% 31% •31
31% '31
31%
22% 22% 22% 22% 22% 22% 23
23% 23% 24
'59
58% 58% 60% 62
61
59
59
61% 62%
•39% 41
4II4
'38=8 41
•39% 41
40
40% 42%
37%

38ie

*72i8

72%
54% 55

73 14 73 14
55
55
11914120

II712II8
Central otNew Jersey
*3ui2 31
Central Pacific
22% 22I2
Ohesapealie &0.—Vot.Tr.cert.
60
Do
do Ist pref.. *59
pref... *3Sia 41
Do
do 2d
Chicago Bnrlinftton & Qulncy. 103% 104>« 1041s 1051* 105% 106% 104% 105%
36I4 36I4 •36
37
34
3oh 35^ 34
Chicaeo & Eastern Illinois.
'84
85
85% 85%
80^ 84
86
85
pref.
Do
C7I2 68%
6678 67%
68% 69% 6>i4 68%
CblcaRO Milwauifce & S t. Paul.
II314 II314II314 113 113%
pref. '1127e 11314 113
Do
111 IIII4 110%111
lioie 110% IIOI4III
Chicago & Northwestern
14214
pref. 14114142% 14112 I4II2 141%142i4 142
Do
90%
89
89% 89% 90% 90% 9114 90
Chicago Rocklsland&Paclflc.
15 1618 15 16 14 15 16%
Cliicaeo St. Louis & Pittsburg' *15i2 17
*48i2 51
48 50
47
47
48
48
pref.
Do
•31
'32
•32
•301-2 32
33
33
33
Chicago St. Paul Mm. & Oui.
93I2 9312 '93
*94
'94%
pref.
Do

106

105

10512

.

36% 3H% 35

.

85

.

<Ss

. .

-8%

& Ga

East Tennessee Va.

Do
Do

8%

8%

8%

'72
74
74
22% •22
23
II5I3 II514II5I4
*17l6 17«8
17% 17%
Lake Erie & Western
6318 6318
63
63%
Do
pref
IO714 107%
Lake Shore & Mich. Southern 107 107
8'
86
86
87
Long Island
8312 8414
84% 85%
Ii0uisville& Nashville
41% 43%
43
*4I
Louis. New Alb. & Chicago . .
Manhatiau Elevated, conso!.. IO7I2 107=8 107% 109%
*97
97I2I 97
98
Michigan Central
95
92% 92%
Ullwaukee Lake Sh. & West. *91
pref. '1081s IO912 109 '4 109 14
Do
7% 7%
Hiss. Kan. & Texas, trust rec.
8
69% 70=8 70% 71%
Mlssouri PaeWc
*14
11 16
15
Mobile* Ohio
Mashv.Cliattanooga&St. Louis
103% 103%
New York Central & Hudson. 107 107 14 I0714 107%
16% I714 16 "a 17
Hew York Chic. & St. Louis. . '69I2
7014 '70
7014
Do
Ist pref.
3912 3912
Do
39
2d pref.
39
Few York Lake Erie & West'n 23% 2418 24% 24%
Ist pref.
2d pref.

'721-2

8%
72% 72%
'8%

Do

22

22

114

Illinois Central

115

Do

pref.

Norfolk AWestern

Do

pref

Northern Paciflc

Do

Ohio & Mississippi
Oregon Sh. L. & Utah North..
Oregon &Trans-Contluental..
Peoria Decatur AEvansville.
Phila.& Head. Vot. Trust. Cert.
Bichmondifc WestP't Terminal

Do

45

pref.

45 14

17% 17%
7

27
19
58%
3012
7318

pref

85

109
98

7
28
20
5912
3OI2

•19

28
20

59% 59%
30% 30%
73%

19
*44

44%

46I4

37 14

37%

20 14 2014 '20% 21
4014
40 14 40%
40

20% 21
7Si2

7812

•41% 43% 42
IO914 10'J% 109% 109
44

•7%

*7%

71 14

71% 72%
14

21% 21%
79
79%

& Paclllc
Ann Arbor&

N.

Union Pacihc

19 %
38
62 14
12

M

Wabash
Wabash, preferred
Wheeling & Lake Erie

Do
do
pref.
Wisconsin Central Co
iniscellaiieoiiD Stocks.
Chicago Gas Trust
Colorado Coal & Iron
Commercial Cable Co
Consolidated Gas Co
Delaware & Hudson Canal...
Edison General Electric
Oregon Improvement Co

Do

Oregon R'y

&

pref.

Navigation Co.

Paciflc Mail

Do

&

Iron

do
pref.
Western Union Telegraph

Trust Stocks,
Amer.

29

(Unlisted.).
Cot. Oil Trust receipts.
& Cattle F. Trust..

627f

12

25%
35 14

72%
29%

'96

61

28 14
19

46

7I4

29 14 28
*19
20

59% 59%
31

98

8II4

26
40

17

Sugar Refineries Co

17%
81%

62% 63

813%

Express Stocks.
Adams
American

114

United States
Wells. Fareo & Co

-73

Inactive Stocks.
American Telegraph & Cable.
Atlantic

&

Paciflc

Chicago* Alton
Columtms & Hocking Coal ...
Evansville & Terre Haute
Flint & Pere m arquette
New York New Hav. <k Hart
Quicksilver Mining Co

Do

do
Bio Grande Western

Do

Bt.

148

Louis Ark.

& Texas.

pref.
pref.

140

5

26

26

'38% 39

17% 17%
61% 83%
6314

6414

153- 150 153
116 ^114 116
77
70
72
145 140- 145
8514
6

•1914

46% 47
3714 37%
21
22%
40% 41
2II4 21%

78%

47

63%

37%
21% 21%
40% 41
21 14
•108
•16
*37

5%

33% 33%
111

152

I214

26%

I214
26I4

35%
73% 73%
29% 29%
3514

30 14

46I4

46%
49% 52
102

44

4%

•43

*2%

44

19"

88

86%

42
110% 110% 112
98
98
98
•93
95
95

102

97% 97%

101
*44
•96

100

42%
•3

60

61

•19

47
37 14
21

7%

7%

31

29
20
60
31

74

74%

29
'19

60

19

20
46% 47
37% 38

20
47

37%
21%
40% 41%
21% 21%

21
41

21%
41%

21% 22
79% 79%

•78% 80

IO8I4I68I4

110
17
37

•16%

36%

88% 88%
33% 33%
111

61

46% 47%
18% 18%

73% 71%

....

38

il2" il2%

II

35%
19% 19%
37% 37%

3514

3514

36

12% 12%
26%
35% 35%
73% 73%
29% 29%

20
20%
37% 3;
63% 63%
•1214 12%
26% 26%
35% 35%
73% 74%
29% 29%

46% 47%
51 14 52%

47% 48%
51% 52%

63 14

64

26

101% 102 14 101% 102%

97% 97%

'100

46
99

•97

39

17% 17%
82% 83

63% 64%

152

154
116
74
145

97% 97%

6%
13I%131%

119
34
250

118

6

22% 22
•33

230
•6I4

37%

35

18

I8I4
I

Texas & Paciflc Land Trust.. '18
•17
'18
20
19
* These are the prices bid and asked; no sale made at the Board.

44

23
118
3414

253
7
37

18%
44
3

3

18
§

90 7

216

30

Mar.

37% Feb.
101% Feb.
836 26% Feb.
505 70

Feb.

66% Mar.

74,223

253 112% Apr.
8,-^67 107
Feb.
510 140 Feb.

377 114
17

Feb.
Feb.

62

Mar.

104%

Jan.

1,400
5,816
9,333

561

86 Mar.
82 14 Feb.
10 37 Jan.
8,441 100 Jan.
435 92 Mar.
110 91% Mar.
575 108 Apr.

36.503

102

97

41%
82 14

82

66%'

72% 72%
140

145

8214

26I4
•38

39

155
116

.26%

112
99
101
117

130
22

117
•33

250

6%

134

22%
119
31
252

•6% 6%
37% 37%
18 14

I8I4

44 14 44%

2%

3

23%

5,680

200 59
13,335
1,810

84

66%
150
111

131

155
116
145

6%

134

22% 24%
119

119

33% 33%
'250

-6%

36

19

19

254
7

38

18% 18%
44% 45%
314

Feb.

1

31
3
8
29

10

8

Feb.

I

18 14 Jau. 27
71% Jan. 6
39% Mar. 21
27% Jan. 29
65 14 Jau. 29
4914 Feb. 1

Mar.

19% Mar.
500 59% Apr.
Jau.

71% Mar.
1914 Apr.

43

56
39

4
9
25
29
28

27
28
28

2
Mar. 25

Jan.

23% Apr. 2

43 14 Feb.

7

23% Jan. 29
80

108%
19
11!

39%
96%

18 31%
12 115
51 36
12,

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

22%
38%
68%
14
29%
36% Mar.
74% Apr.
36% Jau.

8

14

26
26
8

13
9
18
27

24
28
27
27
18
18
10

41% Mar. 13 48% Apr. 18
3914 Jan. 2 52% Apr. 17

25,605
37,590

150 101%
3,360 92
2,720 147
80 92%
405 43%
58 90

97%
36%

2,530
30.310

225 187

43%

5,455
6,148

7

31

108% Mar. 14

2014 Jan.

Apr.
Jan.
Jan.
Feb.

7 103

Jau.

8

97% Jan. 22
215314 Jan. 10
2:

1106

Mar. 12, 48
Mar. 3 97
Apr. 11 102
Feb. 27 41%
Feb. 28 193
Mar. 17 89
Mar. 18 119

x81%Mar. 20 85%

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

25
28
14
17

17
16
7

27
29

1,895

11,770

15 150 Mar. 19 156 Jan. 31
85'll3i4Jan. 4 116% Feb. 8
Apr. 14] 90 Jan. 31
Jan. 7 144 Feb. 7

l,375i 70
'135

314

3,170

246
2,720
1.100
2,510

306

Mar

7 87 Jan. 27
27
6% Apr. 18
129 Mar. 6 135 Jau. 24
13 Jan. 10 24% Apr. 18
96 Jan. 17120 Apr. 2
23% Mar. lit 33% Mar. 24
244% Jan. 10 252 Feb. 4

84

85

6%

104

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

Feb.
33% Jan.
16% Jan.
35% Jan.
20 Feb.
500 76 Jan.
210 104 Feb.
Jan.
1201 16
1,000 36% Jan.
110 87% Feb.
500 31% Jan.
400 110 Apr.
3,960 2rf%Mar.
3.355 19% Apr
3,200 30% Jan.
62,759 61% Apr.
900 12 Feb.
5,000 25 Apr
3,700 30 14 Jan.
4,005 67 Feb.
3,525 28 Feb.

1

28
13

18% Jan. 2S

7% Jan.
31% Jan.
22% Jan.
63% Jau.
33% Jan.
76% Jan.
22% Jan.

2,284
9,245
2,475
29,725
27,119

6

4

Apr. 3
Jan. 23
Jan. 23

925
6% Mar.
130 27 Feb.
30

18

Apr 18

1714 Mar.

754

25

76 14 Jau. 27

4314 Jan.

4,577

2
9
9
27
27
27
28
13
27
3
4
26
26
27
27
29
13

24 Feb. 21 3214 Jan. 4
300 36i4Mar. 4 41% Jan. 28
16% Feb. 21 22% Jan. 27
85I4 2,f7d.ooo\ 79% Apr. 8,108i4Jan. 21
68% 71,789, 50 Jan. 10 7OI4 Mar. 21

73% 74%
140

12%

3

4

39

17% 18%

85
6I4

102
106
16
70
36

200 96

I

150
116

4II4

191

49% 51%

51%
100%

17% 18
82% 84%'
65

102%

40%

I89I4 '189

26% 26%

38

100

101

100
102

100
070
400
190
400

1890.

lfi7% Jan,
35 Jan.
27% Jan.
65% Jan.
45% Jan.
108% Jan.
37% Jan.
88 Jan.
71 14 Jan.
117% Mar.
112% Jan.
14314 Jan.
98% Jan.
I8I4 Feb.
53 Feb.
35 Jan.
97% Jan.
73% Jan.
100 Mar.
23% Jan.
139% Apr.
17 Jau.
51% Feb.
36% Jan.
10 Jan.
74 Feb.
24 Feb.
120 Jan.
I914 Feb.
68 Jan.
108% Apr.
91% Jan.
9II4 Jan.
54% Mar.

Feb.

58

1,

Apr. 3
Jan. 15
56 14 Jan. 23

Mar.

22%

5,749
3,332
1,500
27,336

1890.

39%
77%

% Mar.

1

52% Feb.
115% Feb.

4% Feb.

6

Feb. 25j

430 35% Feb. l|
520 15% Feb. 27,
1,770 40 Mar. 3
400
3 Mar. 4
100 18% Apr. 9

'18% 19%
from both Exchanges, x E^ dividend.

19%

Prices

'100

102

45% 45% •41% 46

8514

6
130

44
4

24% 24%

24%

19

102

26% 26%
•38

8514

*5%

30% Jan.

27,245
1,440
2,150

1,

Highest.

109% 109% 109%
•7%
410
8
9
7% Apr.
53,850 69% Apr.
71% 71% 71% 72
13 15
200 13 Jan.
14% 14%

152% 152% 152% 152% 152% 152%

149
115% 115% 116
71
72
72
140 144
140

129% 131
129% 133
130
•21% 22% 22
22% 22%
120
114 120
117%
32% 33 14 3414 33%
252 249 252
250
*6% 714
7
7
7
37
37
37
37% 37%
*18
19
17% 17% 18

3

112

33% 35%
19% 19%
37% 38
63 14 63%

38
64

26
26%
38% 39
17% 17%
82 14 83%
63% 64

•115
32
'249

43

65

107%

7%

108
17
37

•88%

12%
26% 26%
35% 35%
72% 74

'98

21%

•78% 80

80

1214

30

20
47

3714

19% 19%
38

8514
'514

17%

109

100 100% 100% 101% 102
39% 39% 40% 40% 41% 40
40% 41
190% 189 191
189% isr9% I8914
189 191
47% 49
50
50
50
48% 50% 48
100%
100 100
81% 81% 82
82
81% 81% 81% 82

26

38

97
100

116

42

20
59% 60 14
30% 3II4 31 14

30%
73% 73%

31

73% 74

45

95
99

92

44

46%
18%
7 '4
7% 7%
29%
29% 28

20
59% 60

102

97
99

15

97%

24% 24% 24%
60% 60% •60
46% 45%
18
18% 18

24% 24%

45% 46
45% 46%
47% 50
49% 50%
101% 102>4 101% 102%
'96
96% 96% 97
96% 97%
151 15II4 150 152
151% 152%
101% 102% 102 102
102
46
46
45
45% '45% 45%
44^8

National Lead Trust
Pipe Line Certificates^

Distillers'

19% 19%
38%
63%
12% 12%
25% 26
35% 35%
72% 72%
29% 29%
38
63

142 14

100 104
103% 100 104 •100 104
IO7I4IO7I4 107 14 IO714 107 IO7I4 107 IO714
•16% ...
•16% I714 16% 17
17
17%
*70
70% 70
70% 70
70% 70% 70%
•39
-39% 40
•39% 40
...
39% 39%

45% 47 14

102

39
189
47

Pullman Palace Car Co
Tennessee Coal

2518
3514
721s

I914

38%

142 14 142

>100

. .

Tol.

71%

13

14

KomeWatertown&Ogdensb'g 107% 107% 108% 108% '107%
I714 I7I4 '16% 18
'17% 18%
Bt. Louis & San Francisco
Do
37
37
•36% 38
pref.
37
37
Do
Ist pref.
88% 88% '88% 90
•88% 89%
Bt. Paul & Duluth, com
33% 33% 33% 33%
Bt. Paul Minn. & Manitoba
110 110
111% '111 112
111
34I2 3473
Southern Pacitic Co
35% 35% 35%
35
Texas

9

9

20

45%

lll%llli4

IIII4
14

90% 91%
•15% 16%

115 116
11514 II514 115
17 14 17 14
1714 I714
17%
'63 14 63%
63% 64% 64 14
107% I0714 107% 107 14 107% 107%
88I4 87%
89
87% •87
88
85% 84% 85
85
85% 8514

46% 46%
17% 18% 18% 18%
7 7%
7
7

73 14 73%
*19
20

36% 37

22%

45 14 46%
28

111
142

118

.'17% 98
98
'93
'92% 95
95
109 109% 109 110

61

pref.

Kew York & New England
New York Ontario & West
New York Susquehan. & West.

87%

42

37
86

68% 69
68% 68%
113 113% 112% 112%

17% 17%
63% 63%
107 14

105%

Lowest.

Shares.

90% 91% 71,256 88% Feb.
15% 15%
100 15% Jan.
"48
46 50
115 43% Jan.
50
'32
33
100 31 Mar.
32% 32%
95
95
95% 96%
170 92 Feb.
72 14 72 14 72% 72% 72 14 72%
4,056 66% Feb.
98% 98% '98% 99
'98% 99
1,785 96 Feb.
•21
'21% 23
22% 22% 23
2,605 13% Jan.
136% 138
137% 13914 139 139% 147,777 .xl34% Apr.
15% 16% I614 I6I4 '15% I6I4 2,608 14% Apr.
4KI4 48%
48I4
48% 4S% -48
1,300 45 Mar.
32% 32% 32% 3314 3314 33% 3,318 30% Mar.
*8% 8%
240
8% 8%
8% 8%
8% Apr.
"72% 74
•72% 74
7212 72%
600 67 Jan.
22 23 22 22% •22 23
20 14 Jan.

72 14
70% 7II4 71% 72% 72
CSeTe. Cincln. Chic. & St. L.
-98I4 99
9Sh!
98
99
pref. •98
Do
22
22% 22
22 14
ColumbusHockingVal. &T0I. 21% 22
Delaware Lackawanna West 13518 13538 135%136i4 136 137%
•14% 15% 15
15
15% 15%
Denver & Eio Grande
46I4 46 14
47 14 47 14
pref. *45% 4«08
Do
31 12 32
32% 32% 32% 32%
assented
Den V. Tex. ic Ft.

W

84

8514

Week,

1,3

JAN.

Range Since Jan.

Sales
of the

Monday.
14.

AND SINCE

Ii,

7% Jan. 4

39% Feb 7
19% Jau. 13
45% Apr. 18
7% Jan. S
2314 Jan. 27

Apbil

THE CHRONICLK

19, 18S0.J

INACTIYE STOCKS—4taotations
!

Buff.R..bPittf<.
pref.
do.

I

&

Mahon'gC. R'y

Denv. 4 Rio. Or
Des M. & Ft. D.
DesM.&F.D.pf
G.BayW.AStrp

-

pref.

Milw. & North.
Minn. & Ht. L.
do
pref.
26»a

9
16

87
63

RjJLROAD AND MlSCEC. B0KD9.

70

I

'

91

;

I

do

AtTop.&e.Fe.-100-y'r 48,1989
1989
lOO-year Income 58
Atl. & fac— W. U. inc., 6s, 1910

85»9

85%

60

61

la^ib.

16)3

1

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

93%
90% Jan. 94% Jan.
& C—Ist, g,58,1937 93%
& St. P.—Con. 78, 1905 127 b. 127'4b. 124=8 Jan. 12-% Mar.
114

Chic. Gas. L.
Cliic. Mil.

Ist, Southwest Div.— 68, 1909. 114 b.
Ist, So. Miu. Div.— 68, 1910 .. 114's
1st, Ch.& Pac.W.Dlv.- 58,1921 106%
Chic. .SiMo.Riv. Div.—5s, 1926 10214b.
Wis. <fc Minn. Div.— 5s, 1921 .. 10314b.
104 b.
Terminal 58,1914
Consol. 78, 191o. 14214b.
N.
Chic.
12712b.
gold, 7s, 1902
Coupon,
Sinking fuud 6s, 1929
106 isb.
Sinking f uud 5a, 19 29
Sinking tiiud ileUeut. 5s, 1933 110 b.
106 b.
debenture 5s, 1909
25-year
99 b.
Extention 4s, 1926

&

W.—

L.— Gld.5s, 1928

II313 Mar.
113 Jan.
10712b. 105 13 Jan.
10214b. 102 14 Jan.
IO3I2
103 Jan.
104 b. 103 Mar.
142 b. 142 Feb.
b.

114%

1934

t

I

•

!

j

1

Louis.St.L.iSt Tex.,l3t g.Os. 1 91
98
Metro. Elevated— 1st, 6s, 1908.. 115

2d, 6s, 1899

97%b.

b

I15I2I).
lib lOS-iib.

108
Mich. Conf.— 1st, con., 7s, 1902. 12712b 12712b.
Consol., ,73, 1902
llli2b
Mil.LakeSh.& W.— lst,Os, 1921 122% i-is'b!
Couv. debenture, 5s, 1907
100 b. looiab.
Extcu. Imp. .s.f.,59, 1929... 10113b, 102 12
MUw. <k North.— .M. L., 68, 1910. 111
11118b.
Ist, Con., 68, 1913
ilOisb, 'II013
Mo.K.&T.— COii.,6s.l920, tr.rcc. 75
75
Consol., 5s, 1920, trust rec
6-1 14
64
,Si

Con.,

7.1,

1904-5-6

Mo. Pacllic— 1st, con.,
3d,7H, 1906
Pac. of

115'4
68,

2dmort.,7.s. 1891
Mobile & Ohio— New, 68. 1927.. 115 b.
General mort., 48, 1938
57isb.
letter

a.
b.
b.

12113a. 117

Mo.— 1st, ext., 4s, 1938 99 la

Note— The

U5I2

1920 11112b 112

"b"

99
58I3

Indicates price

113 Jan.
IO912 Jan.

105 12 Jan.

131

8OI4

Mar.
Feb.
Apr.

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

Jan.
Jan.
Feb.
Apr.
Jan.
Jan.
Apr.
Feb.
War.
Jan.
Apr.
Apr.
Feb.
Feb.
Feb.
Mar.
Jan.
Feb.
Feb.
Jau.
Jau.
Jan.
Feb.
Jau.
Apr.
Jau.
Jan.

11534 Mar.
Feb.
Jan.
Feb.
Feb.

111%

66

Jail.

Jan.'

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

Mar.
Feb.

110% Jan. II513 .\pr.
109% Jan. 112i3Mar.
II412 Jan. 115 Jau.
98% Jan. ,10113 Jau.
IOI14 Jan
:03
Mar.
115% Jan. I117 Apr.
5714 Jan.
6513 Jan.

bi<f,

Aino Miscel.

Bonds

2»a'

and "a" price anked;

ApMl

|

Range

ijn-.18

Lowett.

&

& W.—

N.Y. L.E. At W.— l8t,con.78,192o 133 b. 133 b.
11014b, 110 b.
Long Dock, 78,1893
12013b, 120 lab.
Consol. 68, 1935
101
101
2d consol. 6s, 1969
111%
N. Y. Out. & W.— 1st, 6s, 1914.. lUie
97 b, 9714
Consol. 1st, g. 5s, 1939
97%
N. Y.Siis.&W.— 1st ref 58, 1937 97
.

,

113

114
95%b.

b.

95%b
116
Ill

II6I4

b.

111

11114b.

HI

b.
b.

193e 108
No. Pac. Ter. Co.— 1st, 6s, 1933. 110 b.
Ohio Ind. & West.- Ist, 5s, rec. 82
Ohio & Miss.- Consol., 7s, 1898. 115%b.
Ohio Soutuern— 1st, 6s, 1921 ...
5H3
2d, income, 6s, 1921

109
110

b.
b.

. .

North Pac.&Mon.— 1

st, 6s,

8113a.
115i«b.

108
53

b.
a.

L.— 1st, 48, 1937.. 10913a.
Oregon Imp. Co.— 1st, 68, 1910. 10413 104%b.
Ore. H. &Nav. Co.— 1st, 68, lOOb 109%b. 10913
St.

.

Rio G. Western— l8t, 48.

..

.1939

103 %a.
107
109 b.
105 b.
105
73 a.

lOliab.

IO714

110%a.
105
70

a.

8478
6814

84»a

67 14
48
41 a.

48%
40
8OI3

81
117
87

117
8712a,

b.

99
80

9913

79 13

b,

73I3

72%

10813a. 108%b
Jos. & Gr. IsL— 1st, 68,1925. 107 b. 105 b,
St. L. Alt. & T. H.-lst, 7s, 1894 llli«b, 111 b,
lOSiab. 10914a,
2d, mort ,pref., 78, 1894

R.W.&Ogd.— Con.,ext,58, 1922
St.

89%
Bt.L.Ark.&Tex.— l8t,6s,exeoup. ^8l3
24 b. 24
2d, 68,1936
:.
105 a.
St. L. A- Iron Mt.— Ist, 7s, 1892. 104%
108%b. 10912a,
2d mort., 78, 1897
Cairo & Fulton— 1st, 7s, 1891. 101 14
101 b,
Cairo Ark. & Tex.— lst,78,1897 106 a, 106 a.
88ia
Gen. R'y & laud gr., 5s, 1931. 88
St. L. & San Fr.— 6s, CI. A, 1901, 113 b, 1131a
113ieb I1412
6s, Class B, 1906...'
113 b. 11313b,
68, Class C, 1906
General mort., 6s, 1931
Ill b. ,111 b,
8. P.M. & M.— Dak.Ext.,68, 1911. 120 b 120 b.
Ist consol., 6s, 1933
118 b il7 0,
Do
reduced to 4138 ... 101 b lOliab,
89iab. 89 b.
Montana Ext. 1st, 48, 1937
85 b.
San A.&Arau. P.—] st,g.,6s,191l.
1st, gold, 6s 1926
87%a. 86 b,
Slieu. val.— 1st, 7s, 1909, Tr. rec. 122 b. 122 b,
General 6s, 1921, Trust rec... 5313b. 54
80. Car.- Ist, 68, 1920, ex coup.
8 b.
9
Income, 68, 1931
80. Pac, Ariz.— lst,6s, 1909-10. 106 14b. 10713
lll%b. lll%b.
So. Pac, Cal.— 1st, 6s, 1905-12..
1st, consol., gold, 53, 1938...
100 b. IOOI4
107 b 107 b.
So. Pac, N. M.— 1st, 6s, 1911
Teun. C. I. & Ry.— Ten. D., 1st, 6s 96 b. 96 b.
too a. 100 a.
Birm. Div., 1st, 68, 1917
Tex. & Pac— Isf, gold, 59, 2000 92
92%
3713
38%
2d, gold, income. Ss, 200«0
Tol. A. A. & N. M.— Ist, 68, 1924 106 b. 106 13
108 b.
Tol. A. A.& Gr. Tr.— lst,6s, 1921
b.
I'ol. & Ohio Cent.— 1st, 5s, 1935 i'o'j' b. 103
Tol. Pco. & West.— Ist, 4s, 1917.. 77iab. 78 b.
. .

1

Tol.St.L.

&Kau.C.— l8t,63.1916

Union Pacittc— 1st,

1899
Sinking fund, 8s, 1893 ...
Kansas Pacidc— Ist, 68, 1895
1st, 69, 1896
Denver Div.— 6s, 1899
1st con.soI.,6a. 1919
Oreg. SUortLine- lst,6s, 1922
Or.S.L.AiUtahN.- Coa.5s,191i)
Union Eleva.— 1st, gu. 6s, 1937
Virginia Mid.— Gen. m., 5s, 1936
do
stamped guai
Wabash— Ist, gold, 5s, 1939
2d mort., gold, 58, 1939
Debent. M., series B, 1939 ...
West Shore— Guar., 4s
6s,

iieiab. iVti "b.
II2I3
11212b.
1 I0%b. 110i2b.

112

11213

114i«b. 11412b.

116

117%
93
109 14

I

1,3

109

861a

'

87
104

b.

81

b.
a.

47

b.

11113b.

11413

8613

88

b.

104%

81%
50

a.

105% 10534
98 b.
West. N. Y. & Pa.-lst, 5, 1937.; 98
2d mort., 3g., 58c.,1927
33 b. 37
Tel.— Col. tr., 5s, 1938 lOOisb. 100 b.
West. Un.
Wheel. * Lake E.— Ist. 58. 1926 10212b. 102i2b.
100%
Wis. Cent. Co.— 1st, g., 58,1937. 100
Income,
all

5s,

1937

60

59

20
1«
.

>

800

1, 18901.

tinee Jan. \.

f.,

Midland of N. J.— 1st, 6s, 1910
Norf. & W.—l 00-year 58... 1990
North. Pac.— Ist, coup., 68, 1921
General, 2d, coup., 1933
General, 3d, coup. Os, 1937

29

.

101 b. 101 Jan.
6», 1911.
132 b. 13214 Jan.
.Nash. Ch.
St. L.— 1st, 7s, 1913
107 Hib. 106% Jan.
Nash.Ch.& St.L.- Con. 58, 1928
N. \. Ceutral— Extend., 58, 1893 104 b. 10413b. 10314 Jan.
N. Y. C. & H.— 1st, op., 7s, 1903 130 b. 130 b. 130 >4 Jan.
Dob'nt're, 58,coup., '84, 1904 1 1 OTsa.
110 Mar.
N. Y.& Harlem— lst,78,reg., 1900 127 b. 127 b. 125 13 Jan.
93I3 Jan.
N. Y. Chic. &. St. L.— 1st, 4s, 193" 9414b 94
114% 115 b. 113 Mar.
N. Y. Elevated— 1st, 7s, li)06.
I34I3
N. Y. Lack.
I3212 Jan.
Ist, 6s, 1921 13413
110 b 110 b. llli3Fcb
Construction, 5s, 1923

Mutual Un. Tel.— 8.

Consol., 58, 1925
Oregon i Transcon'l— 68, 1922.
Feun. Co.— 413S, coupon, 1921..
Peo.Dec. &Evaus.— l8t,6s, 1920
Evansv. Div.— 1st, 6s, 1920.
2d mort., 58, 1927
Phlla. & Read.- Gen. 48, 1958..
1st pref. income 5s, 1958
2d pref. income 5s, 1958
3d pref. income 5s, 1958
Pittsb. & West.— 1st, g., 48, 191".
Rich. AiDauv.— Con.,6s, 1915..
Consol. gold, 58, 1936
Rich.A W.P. Ter.— Trust 68, 1897
Con. lst& col. trust, 5s, 1914

106
104% .Tan. 110
II412 Jan. 119
9534 Apr. 105
92 Mar. 104 13
9714 Feb. 101
112 Jan. II6I2
105'9 Feb. 108 12
126 Jan. 128
Ill J.in. IIII3
121 Feb. 123 14
lOO's Apr. 104%
101
Jan. 105 14
110i4Feb. IIII2
108 '3 Feb. 11013
7212 Jan
76
6II2 Jan

Railboao

Jan.
Jan.

Mar.

Mln'K.i'

Laclede Ub«..
Mary'd. Coal.! 12
Minn. Iron....
81
Ontario Silver' 44
Penn. Coal
•MO
Ph.Nat.Qa«Co.
PostalTel.Co.l

Olonng.

Fell.

Fob.
Feb.
Apr.
Feb.
Apr.

Homes.

STOCK EXCHANGE. AND RANGE SINCE JAN.

105

99 Mar. 100
35 Mar. 38
9613
92 Jan.
lOSisJan. IO6I4
IO8I3 Jan. 112
9012 Apr. Iu4
103 12 Feb. 109
93 14 Feb.
95
lllOs, Jan. 120
77 14
7419 Jan.
117% Mar 121
100 13 Apr. 10214
10914 Jan. 112
7314 Jan.
77
85 Jan.
87%
83% Apr. 85
103% Mar. 105
81
Mar. 87
109 Apr. 112
124 Jan. 126
123% Jan. 125 12
115% Mar. II714
95% Apr. 99
115 Jan. 1191s Mar.
11514 Jan. II8I2 Mar.
106 Jan. 1101.2 Feb.
113 Jan. 114i2Mar.

—
C—

*

103%

Is

7612 Jan.

Coal.

Omaha &

Jan. 106
100 Jan. 104 12
120 12 Feb. 122 13
92 Apr.
97
132i2Mar. 135
II714 Fob. 120
103 Mar. 108
73 Mar. 79
73 Mar. 77
II8I2 Jan. 119

104

Cameron

pref

do.

54

ICababaCoal...

Jan.
Feb.
102^8 Feb.

117
108

144
Mar. 128
Apr. 117
106 12 IO6I4 Apr. H0«2
112 a 109 Jan. 112
108 lib. 105% Jan. IO8I2
99 b. 96 Jan. 100
91%b. 94 %a. 9113 Jan.
95 14

105 %b. 105%
Extension &
Ch.St.L.& Pitt.— l3t,cou.5s,1932 102 b. 102 b.
-Cou.6s,1930 122 b. 121 b.
Cliic.St. P. M. >teO.
92 b.
Cleve. & Canton— Ist, 58, 1917.
0. C. C. & I.— Consol. 78. 1914..
119 b. 120 b.
General consol. 68.1934
Col. Coal & Iron— l8t 6s, 1900.. 104 %a. 10312b.
Col. H. Val. &Tol.— Con. 58, 1931 77 a. 7612
7712a. 77
General gold, 6s, 1904
121 a.
Denver & Rio Gr.— 1st, 78, 1900
80
79=8
Ist consol. 4s, 1936
Det. B. U. c& Alp.— l8t.g.,68, 1913 99 a. 99 a.
Det. Mac. & M.— Ld.gr.3i2s, 1911 35 b. 36I3
Dul. 80. Sb.& Atl.— g., 5s, 1937. 95 %b. 95 %b.
106 b.
E. Teun. V. & G.—Con., 5s, 195b 105%
110 b.
Knoxv.&O l8t,6s,gold,1925
96 b.
EUz. Lex. &B1g8an.—6s, 1902. 9613
Ist, 6s, 1921 107 13 il09
Ft. W. & Denv.
Gal H.&SanAnt.— W.Div.lst,58 94 b.
Gulf Col. & San. Fo— Ist, 78,1909 117 b 117 b.
Gold, 69, 1923
76 b 78 b
Han. & St. Jos.— Cons. 6s, 1911 117 b. 117 b.
Illinois Central— 4s
1952 100 b. lOOWab.
Int. ii Gt. No.-lst, 68, gold, 1919 IIOI3 ;110'4
7514b. 76 a.
Coiu)on,6s, 1909
86i2b. 87 b.
Iowa Ceutral— Ist 5s, 1938
8412
Kentucky Cent.— Gold 4, 1987.
84%
Kings Co.El.— Ist.ser. A, 5s,1925 104 3eb. lO-liab.
82 12
Laclede Ga.-i- Ist, 5s
1919 82
L. Eric & West.— 1st, g., OS, 1937 109 b. 109 b.
Lake8hore.-Cou.cp.,lst,7s,1900 126 a. 125 b.
Consol. coup.. 2d, 78, 1903
125 b. 125 b.
Long Islaud— 1st, con., Ss, 1931
117 b.
General mort., 48, 1938
96 b.
95%
Louisv. & NasUv.— Con., 7s, 1898 11513b. 11512b.
& Mob.— Ist, 6s, 1930 llSisb. llSiaa.
N. O.
2d, 6s, 1930
do.
E. H. &N.— Ist, 68, 1919...
iViiii). ii'iiib.
General, OS, 1930
115% 111513
Bonds, 6s, 1922
Trust
11038b. 110912a.
50-year 5s, 1937
108 a.
CoUat. trust 5s, 1931
105 b.|
Louis. N. A. &Ch.— 1st, 68, 1910
115 b.
'9713'
Consol., gold. Us, 1916
98
Louis. South., Ist g. 6s. .1917 90 a, 90 a.
col. 5s,

114% Jan.

12713b. 126
11312b. 114

CUic. Pco. & St.
Chic. K. I. & Pac.— 6s,coup.,1917 12912b. 12912b. 12914 Jan.

34

1.

78 ^ib.
108%b. 109
97 %b. 98'3
97 Mar. 100
119%b 120
11913 Apr. 122
127 b. 127 b. I2412 Jan. 128
111% llOUJan. 112
111>3
H3»2b. 113%b. 113 Mar. 116
106 a. 103 Jan. 105
1912
do. Mortgage, 5s,
IO7I3 Jan. 110
Am. Dock & Imp., os, 1921
112 Jan. 116% Mar.
I14»eb. 114%
Ceutral Pacitlc— Gold 6s, 1898
100 b. 100 14 IOOI4 Apr. 102 '8 Mar.
Land grant 6s, 1890
I.
11513 Jan. 118
Feb.
69,1911
Cbex. i£ Ohio.— Mort.
100 Mar. 102 13 Apr.
10138b. 102 14
Ist consol. 58. 1939
69 13 Mar. 71 '8 Apr.
711a
1989 71'a
R. & A. Div.,l8t cou.,2-4,
70 a. 70%
6713 Apr.
7114 Apr.
2d eon., 3-4, 1989
Ches. O. &So. \V.-63, 1911--.. 109 b. 110 b. 108 Mar. II3I2 Jan.
Jan. I2712 Mar.
Cbic. Burl. & Q.— Con. 7, 1903. 126>3b. 126i«b. 126
10514b. 104
10558
Feb. 105% Apr.
Debenture 58, 1913
94 h.
92^8 Feb.
9.5
Jan.
Denver Division, 48, 1922 ...
93 %b. 94
92 Jan.
9414 Apr.
Nebraska Extension 48, 1927
117 b. II6I3 Feb. 118 Jan.
Chic. & E. 111.— 1st, s. f., 6s, 1907 117
116 b. 116 b. 116 Apr. 121>aJan.
Consol. 68, 1934
97 lab. 95 Feb. 100 Jan.
General consol. Ist, 5s, 1937.. 98%
;. • -..--Guar., 48, 1937
Can South.— l8t guar., os, 1908
•••
2d, 58, 1913
Ceutral of N. ,T.— Cons. 7s, 1899
Convert. 78. 1902
General mort., 53, 1987
Leb.& W.B.. ooii. 78, 1900,aa'nt

1:4

23
100
100
10

Hack'ns'kWat.

I

Aik.

I

olorado FueL

Cons<)l.(JoalC<i.

I

Highest.

8318 Mar.
85%
5419 Feb
61
12 Jan.
IOI2
70 12 Feb. 79
107 Jan. 110

T5%

N. T.

tinee Jan.

Loicesl,

76

29
36

26

•

OhioInd.&W'n

Range

Apl- 11 Apr.lS

Bid.
'I<

PittH.&W.tr.re
Pltts.&W.pretl

4%
OH

K.& Tex*

N. Y.&Nor.pf.

LATEST PRICES OF ACTITE BONDS AT
Oloting.

Ask.

Bid.
ReoTis. & 8ara. 184'«'
Hicli.&All.tr.r.
21

pref.
18
OliioSoiitlicrn. * 13>s
Pitts. Ft. \V.&C,*152

Miss.

*14''8

M.H.<feO.,pref.
Mem. A, Chas...

Indicates actual sales.)

6»4 RioGr West.. *
18%
38
43
15>a St.L.AltiT.H.
do.
pref. 110
120
9
Ml. BuL C'erts. •102»8 102%
27
62
70
Tol. & O. Cent.
7
do.
pref.
78
79
22
13% Tol. Peor. &W.
46
47>9
Va. Midland...

S't

13

!

'115

Mar.H.& Out'n

55

gia'

pref.

do.

(*

Ask.

19% 20

•

1

9

&Femb

Mex. Central..

5

25 1«
3
7
14
65

pref.
do
Keck. <& Des M.

Kings.

Pltts.ini..

BONDS

97

do.

Burl.C.R.&No.
Cedar F. i M.

Bid.

II

3

Hour.

Iowa Cent

08.AirLine,pf

CI.

& Tex. C.

Ill.C.leascdl's.

Alb'ny & Susq.
feU.&So. III. pf

oontlnned.

Ask.

Bid.

Ask.

547

Bigheel,

I

10313 Apr.
133 Jan,
1

1014 Mar.

I0413 Ai r.
1311a Mar.
112 Feb.
127''8 Jan97 Jan.

115

Jan

13413 Feb
Ill's Feb.
136 Mar. 13913 Jaa
IO8I3 Jan. 110i4Mar.
120 Jan. 122i2Jaii.
98% Mar. 102 13 Jan
1 10% Mar.
113% Feb.
96 Mar. 98 Jaa
96 13 Apr.
99 Jan.
113 Apr. 118 Feb.
95 Mar. 96% Mar.
113% Jan. 116i4Apr.
110% Apr. II413 Feb.
109 14 Jan. IIII2 Apr.
104 14 Mar. 108i« Apr.
106 Jan. 111% Apr.
82 Apr.
81>a Feb.
11408 Feb. lift Apr.
108 Jan. 110 Mar.
45 Mar. 55 Jan.
76I3 Jan.
7313 Jan.
101 la Jan. 10413 Apr.
109 Feb. 113 Jan.
102 Apr. 104 le Mar.
103% Jan. IO713 Apr.
108% Jan. 110i4Mar.
101 Jan. 109 Apr.
100 Mar. 1061s Mar.
66 Mar. 73 Apr,
87 Jan.
8013 Mar.
62 Mar. 8OI2 Jan.
43 13 Mar.
54% Jan.
36 Mar. 49 Jan.
82% Jan.
80 Feb.
11513 Jan. 117% Mar.
87% Apr. 91i4Feb.
9812 Mar. 103 Jan.
77 Mar. SmFeb.
731? Apr.
Og'^s Mar.
107% Apr. 112i4Mar.
104% Jan. 107% Apr.
IIOI2 Jan. 112i4Mar.
J 06
Mar. 1 1 1 Jan.
86 12 Mar.
91 Jan.
29 Jan.
2313 Mar
104 Feb. 108 Jan.
107 Mar. IO914 Feb.
IOOI2 Jan. 101% Feb.
102-% Jan. 105 13 Mar.
92% Mar.
88 Jan.
112i4Feb. 11313 Apr.
112i3Jan. II4I2 Apr.
112% Mar. 1 14 Apr.
109 14 Feb. 112 Jan.
117'8 Feb. 1 20 Mar.
115% Jan. 120 Jan.
ItO Feb. 10218 Feb.
90 Apr.
861s Jan.
87% Feb.
85 Jan.
85% Jan. 89 Feb.

113%Jan. 122

Mar.

55 Mar.
Jan.
99 Feb.
Jau.
713 Jan.
9 Jan.
105% Feb. IO713 Apr.
112 Apr. 115 Jan.
100 Is Apr. 103% Mar.
107 Jan. 107 Sh .Mar.
97 Jan. 104-% Jan.
98% Jan. 10313 Jan.
90% Jan. 92'8 Feb.
37i.i Apr.
4078 Feb.
105 Jan. 10713 Jan.
107 Jan. II012 Jan.
102 Jan. 104 Apr.
78 Mar.
76 Jan.
98 Feb. 101 Jait.
115 Jan. 1181a Mar
112i« Mar. 1161s Feb.
110% Mar. 112 Jan.
110 Jan. 11313 Mar.
113 Jan. 117% Mar
114% Jan. 118 Mar.
112% Mar. II6I4 Jan.
92% Apr. 9514 Jan.
107 Mar. IO914 Apr.
48

96

85
87
102

Mar.
Mar.

87i3Feb.
88I3 Jan.

Jan. 104% Apr.

80 14 Feb.
86% Jan.
47 Mar. 53 Jan.
104 14 Jan. 105% Apt

92 14 Jan.
98% Apr.
38 Apr.
29 Jan.
99 Mar. 1021s Jan.
1024 Apr. 10313 Jan.
96'8 Jan.

100%

55 13 Mar.

69

other prices and the range are from actual sale.

Apr,^

Jm

THE CHRONICLE.

648

(Vou

ABSTRACT FROM REPORTS OF THE NATIONAL BANKS MADE TO THE OOJIPTROLLER FEBRUARY
DepotiU.

£•5

^

51

* Boston
S Maep othpr
U

Connecticut...

I

TotalDlv.No.l

f

46
6

• Albany

3 N. York, other
« New Jersey...
a PhiliKtelphla..
Epittsburjt
H Penna., other
I Total Dlv.No.2

•;66

14.12.-i,3o0

V3,72a,000

25

10.620.0(

34.697.350
748 168,316,390
•J(i8

la
18

38
9

Maryland, oth.
Washington

1

:io

Virginia
Virginia.

20

I TotalDlv.No.3

131

North Carolina
South Carolina

29
14
27
12

Florida

$

. .

9
H

Orfenns..

146

Texas

8

t Arkans.i.s

Y

Louisville

..

Kentucky, oth.
Tennessee
I Total Dlv.No.4

j

1

f

..

.

13
9

Illinois, other.

Detroit
Miohlg'n.other

101

« Milwaukee....

3

.

8

...

Indiana
Chicago

8

60

^

Wl8Con8ln,oth.
L TotalDlv.No.5
r

Iowa

g

Minnesota
Louis
St.Jo.iKaa.C.

•J

Kansas

i,

S

St.

137
58
7
13

49

Missouri, oth'r

169

• Omaha

8

Nebraskn.oth.
North Dakoia.
South Dakota.
I Total Div.No.6

to
•"

f

111-

26
36
612

Nevada

2

S
S

San Francisco.

* Oregon

2
35
32

2

Washington...
Total Dlv.No.7

40

I

Calilornla.oth.

Arizona
•{ Colorado
• Idaho

1

',

42
8

i Montana
New Mexico..
A Utah
2 Wyoming

21
9

t Total Dlv.No.8

98

'^

8
9

4,614,513
6,979,314
45,758,635

1,045,0>

4,114,000
1,140,000
3,125,000
640,000
17,020.400
1,200,000
4,560,610
10,340,650
8.262,350

6.7f. 0.000
24,800,000
12.712,000
16,300,000
14,641.000
4,400,000
11,314,600
8.) 0.000
5,247,5U0
105 91&,1'

10,945,6.0
14,395,000
8,450,000
8,450,000
3.521.100
12,993,550
3,500,000
8,048,000
1,617,780
2,362,300
74,283,380
•

282,000
2,500,000
5,851,400
4,085,000
ld,3d8,40u

100,000
5.200.000
450,000
2,815,000
975,000
1,400,000
1,225,000
12,165,000

b8ti,213

143.9-4,009

344.238

lO2.J0.;,408
36,038.1.57

227,792,849
254,740,599
6,496,^07

87,593,3/ 8

907,466
4,069,500
1,123,124
747,000
60,000
1,729.300

4,o74,912
22,207,660
7,464,213

372.119
111,62.,

974,937
55,00u

W.uvO

5.870,1.1/

1

3,626,731
7,743,658

I,S16,570
14,891,583

112,696,983

2,736,59i;
16,91)5,071

;

419,843
5.5,000

520,860
22B.ao2
739.412
1.312,614
345,640
4,604.433

15,953,2.^9

2,169.500
1,180,000
6.313,472
3,885,340

2,-07.M>0
282.000
806,704
1,011,521
747,243
1,236,941
474,654
105,178
319,787
168.475

18,92!),743

15,701,96;
48,619,301
30,258,947
51,748,456
39.494,122

6,800,60.1

4,952,340
575,000
2,670,739
475,000
1,5J 0.064
30,558,055

9,9ri5.016

25.499,426
5,024,716
16.819,945
262,061.639

2,970.210
2,731,746
950,000
1,021,500
638,593
1,922,486
485.000
1.395, 4h4

7.499. -.403

23,003,319
28,375,434
17.571,432

198,259
95H.727
225,000
1,037,953

14,972,0:i9

6,732,982
18,3ci4,56o
8.81s',478

4,07,703

3,640,505
136,689,069

103,000
725,000
l,224,8i9
614,879
1,107,300
3,774,708

581,653
885,764

12,075, 04
3,143,813

564,900
13,0sr,6^2

2^2,371
4,169,727

rma

.

1440 3013

221,«42
22,557,746
1,216,082
10,099,227
2,149,215
4,404,460
2,055,927
43,604 ,5n9

1,106,606
68,8.52

196,416
150.<00
171,184
1,693.058

NAI'IUNAL, U,\iMC8

r

Afii'o Mill's.

Mil's Mil's

MU's

8-1

914

37-6

291

-3

2-a

1-6

-8

-5

2

•8

•5

-3

7

2,339,482
1,923,962
9,807,577
1,726.981

31,50^724

917.446
2.2-6,533
626,319

1,461, ItO

923,239
1,134,022

4,589,>;6->

661,065

27,909,859
39,103,079
21,b92,.75
22,.^ 60,101
7,326,250
24,109,383
11,027,622
18,611,980
3,450,9n5
4.330,477

4-4

231

-5

4-4

-3

5.936, .562

2,169,56ri

166,830
818,898
26.1,6; 4

•.iS-5

2 J -3

»,00.
44.Z00
210,409
122,688i

144,681
5i!9,986

139,047|

14,105
107,013
43.2^9
37 709
15,403

59,330
1,430
115,860

4,ul8,97-.i

Kbl.-ifclfCVfc;

337,7:19

89.1,838

580
ii.232
30,614
35,„00
77:926
23,603
19 328
11,88.

723
6 600
7.1369,

69
1

1,600

59.042
231,600
76,053
139,798
5.38.093

16.000
1.163,858
103,955

591.643
74.329
71,316
28.711
2.052.312
95,331,60

2

ANU TUrALH.

(Jll'lKS.

oa

MU'a Mil's MW
4-6 31-7 18-7 41 11-0

15-1!

1

•4

-3

-3

4

2

1

-5

3

•i)

•7

•4

1

•4

12

•1

2-H

1-8

3-1

1-4

31

•3

•1

e

•1

-8

•3

•9

•7

1-0

•2

11

i-s

2

10

•1

i-i
3-1

-4

-I

i-s

-2

11

•5

•4

7

•8

30

•2

1-8

-B

•8

•S

9-4
•7

15-B

7-2

3-8

3-3

•7

•1

-3

(I

1-7

•7

•1

•2

-3

3-1

49-8

•4

3-7
1-7
1-5

33

-3

-9

31

•8

4
6

•3

8
•«

S

4-8

1-3

4

-6

3-tt

15-0

41

3-2

1-3

•8

33

1-1

•8

1-0

•S

•4

•2

•2

11-0

740

1-7

1-5

•2

•8

•6

-1

•1

1

31
I

S

11-B

•i

1-8

-7

540-7 13-3

i4rs

3
IS

9
3

Mil's Mil's

-1

«

l-O
2-3

•4

•1

2-3

-8

11

11

a-4
4-4

-4

.Mil's

5'i
•I

1
•4

-2

•8

4-3

•6
li

•1

•2

57-6 44-8

3,427,362
1,145,000
3,233,541
2,121,376
8,313,292
1,999,053

1,285,423
774,891
3,304,702
1,429,232
361,323
1,191,322
897,652
458,205
162,244
53.77.>
11, 6,^4
200,221
1.503,8 19 1,512,.. ^5 10,065.215

71

6-4 12-a ll-b 23-e 18-S

•4

3»

3,8i>2,813

6n,470
253.373
3o5,w97
23,1(9
50,175 1,024,165
lo9.733
253,-57
25,7.50
81,030
229,783
9, ,434
13,81b
115,792
51,815
112,214
6.033
45,. 19

»j

2-2

aiie

47.J.633

1,166

940,639
422,886
557,243
2,470,36. 2,14 ,9do 23,063.430

MU's

10

Totals.,

76,760
2K,566
797,112
111,82j

273,919
478,646
809,899
290,389
581,674
271,260
2,287,906
122.578

7,953
8,255

244,110

102,364 289,j80
1 1,000
90,3 4
75,36!i
549.344
349,789 101,937
423,69- 1,379,13!.
382.784 100,145
92,424
153,338
237,269
54,853
3,00(1
25.549
28.68'.
133,875

Mil's Mil's Mil's Mil's Mill

4

1-8

1(1,767

964,119

181,766
2,164,914
299,2(3
661,178
95,492
687.530
268,196
4.358 341

^s

90

ctfs.

68.923
251,467
12,364
59,320

147,623
82.312
4^,221
837,988
2., 390
72,936
568,033
41,479
113.319
218.710
79,004 1,171,741
2,26o,06J 1,977,091 11,737,502

20.860
2.1-0
31,610

715
715.038

653.551
891,010
8.248.991

?<s

3K

SO

6u,6;4
494.4ti4

1,2j3|

1,31

4,057,115
2,558,927
41,279,141

6&9.t8.-J

36,000
26,750
3,650
35,070
101,470

46.063
1,859,806

....

V. S.

1,905,840

37,198
l,0nl,586
2,251,790
1, •330,4 62
1.375.326

173,115
19,332,9-4
981,261
12,003,173

of deposit...
National bank notes
Clearing House exch's.
Doe from U. 8. Treas.
Other resources

Legal tender notes

283,280
6.950
22,690
15,000
12,550
23,420
1,000

250.21.

180,444,52.1

of IMK

1-0
4-3
1-2

60

58,44u
21,350

l,2lK,15ii

688,910
979,771
558,915
159,345
158,289
7,844,»88

9..»,135

127,330
211,213
68,589
166,612
141,225
219,268
83,817

1111.630

^•69,997
17,313,0"3
316,(33,3..- 20,4:-i4,7:i9

13,191,9.1-

30,992,338

5d,4Sl
137,552
100,3i2
40,450
5,769
124.514
33,964»9.10B|

532,500
28U,000
154,510
3,2U8,10o
192,970
50,710
28,970
180,000
13,730
4,752,120

71,700,283
41,309.881

l,709,S03

4,2i4,o^o 18,360,213
423,354
2,433
353,5011 3,218,288
410,867 2,216,847
782.411 5,189,832
184,531. 2.214,620
402,574 3.633.534
79ri.609
3,155.5j2 0,367,04.. 35.297,719

250
600

641,53.1

275,506
172,744
195,643
4.351,229

35,76S
663,703
287,016
507,136
241,418

781,650
70,000
51,480
13,350
3,063,780

404.081

59,273,733

81.148
25.992
19,669
881.048
301.0688.928
252,973

1,844,978.433 83,269.657 71,442,860 12.07 ..560147610

3-8
2-4
6-7

11

25,479,'i5i'
18, 475,^90

dcpi'tit.

62.1, "82

8,950
2,086,980
51,370

38,030
2,320
32,620
7,500
£92,180
8,320
265,900
27,630
38,620
41,140
135,550
1,290,660

of

»

9

1,295,751 l,i>50,B2ii

^1

4-7
5-0

•i-D

21,905,696
13J,494.3:i

14,209,804
9,273,184
11,893.772
41.248.069

1,309, i03

8

3-3

3,115,137
ll,S9;i,54r
20.4 j2 003

472,5rt7

37,462.621

3^

Loans
Bonda for circulation..
Other U. 8. bonds
Stocks, bonds, &c
Dae from banks
Beal estate
Quid coin
Gold Treasury cert's.
Qold Clear. House ctfs.
BtlTer coin and certlfl's

48,7.50

207,282
56,010
813,477
57.:U4
253,643
425.963
3 .6.708
3,015.260

5,245.0811

b38,H43
115,112

1

224,514

33,'i87.243

82,781

12,112,rt82

232,6C0
507.500
246,500
3,143,194

43,3

2,861,939
7,943,743
2,635,099
12,234,886
1,594,239

6i6,229

3,502,099
13,655,375
7,941,568

562,0..0

154,. 09
95,297
238.452

5.480,686
9,530.0<io

2.50,897

25,000
1,431,444
138,150

289,342
129,507
101,641
253,606
205,031
1,876,757

t.8.l84.192

363,131 \
150,622
197.878
222,530

l,a70.63)
28,052,889
2,802.607
4,490,082
12.685,80b

13,j>,827

761,80:i

4,800..->»1

1,723.685

4.572,638

968,427
340,500
1,653,625
134,927
3,410,929
277,000
1,0 8,466
2.462,390

3,IH0,0<4 1,188,2,-0
;i21,160
1,056,022
6,620.672 1,461,280
1,652.667
933,040
3,335. 13ii
366,490
31,218,177 54,393,050

5,503,000
29,072,411
8,507, 39i
6,372,223
429,3a0
13,499,245

45.i,0U

4,157,8. 2
7,393. 15t

1

Cities, &o.

MiU's

1

16.5,i'00

9,56., 045

VOTALS FOR RESBaVE

Mill's.

40,579,7r4
91,452,489
37,017,910
93.202, 93
683,708.33

81:^,007
547,;i9l

t93,124
11,647,688
4,148,7H4
60,003,426

493,2^.8

105,:<28,l*-5

359,770

44.461,601
81,060,114
30,841,351

6,7.

BOl.350,775 15 O.U,7a7 49,769,-00
8,147,078
331,849
350,000

7,6ul,720

»t'ATE.MENT Of

Beaources.

374.5.~4.4::6

397,114

599,674,851

94,4^^1.021

6,9(0
5,123,500
311,810
116,880
249,220
5.821,080

9
110,662
99,337
76,936
189.999
467,224
121,449
227,144

6,070

3.-0,525

47,4.2,940

Leg.tendfri

Treasury <tU.S.ctft.
certijlc'les

$

3,S71,130
2,172,839
373,2-9
1,317,441
8,901,495

28, 1890.

Silver
Silver.

593,788
253,460

10.974,20-<
13.2ii6.367

4,031,887
220,8 J7
1,231,724

34.071,639
1.230,5o0
11,577.396
5.922,938
12,045,803
5.380.002
13.859,311
h4,087,611

9.132,168

$

20,60.5,3,17

153,222
1,676,723
3,811,422

Gold
Treasury

eertiftcates. cerUflcatea

9

for U.S... 3.383 626.598.200 201,433,604 1.479 9s6,i 27 32.472.5

1[otaJ

and

Bold

dis~

oterdrafU.)

161,720
370,550
218,756

30,.502,7«b

633,714
846,500

2,<;20,000

111

14,58O,:i70

1,124,36
144,175

8,</00,000

203
100
20
168

Ohio, other

l,754.3;-3

13,592,322

3.776.000

10
66
48
412 59,448,Oii0

ClniSlnnatl....

* Cleveland

a
ig
m
E

$

11,279,794
6,41 0,712
6,676,609
95.1^8,869
62,153,99d
15.530,08b

2,688,672
1,P49,051

2,42 6.000
l.'98,COO

H!

^ MlflsisRintii

g New
»

2,133,985
11,913.260
3,209,700
1,879,745
252.000
4,146,300
1.906,000
25,440,9JC

1!)

Georgia

f

34,642.690

45

Dlst. Col., oth

West

49,0.50,1100
1,5.50.000

92

f Delaware
* Baltlruoro

«
IS
S
E
^

11.010.000
6,330,000
7,285,000
51,^40,000
45,117.500

49
56
:02
60 20,284,0.50
84 23.924.370
5M0 165 690,920

New York City

Other.

$

$
78

Maine

(£

counts. (Incl'u gold 0. H.

Individual.

>£,§

f

Loam

SurpUit.

Oapilal.

1800.

U

-3

•8

131 26-»

17-B 44-5 28-8 122-3 22:

91 392 311

71

19-1

81
3-S

LiahiUties.

profits

6-5

491
341
140

Circulation....
Dae to depositors
l^ue to banks

a-7

Capital stock

SI

Bttrplus fund...,

13-«1

Undivided

Other

33- 10-6 11-e
12-0 5-4 4-1

•1

2-

l-.-i

1-1

3-7

•3

2-3

1-3

-7

S6'l 258-7

6-7

81-9 31-4 33-6

40H 1809

liabili ties

Totals

1-6
1-2

3-4

24

•e
-

l-TTi-fi

-6

13-3 14»-3

7-B

4-4

1

1-9
•7

4-6

8-»
3-2

6-8

1-1

-5

-4

•9

-8

-9

5

2
4
97

17-3

•2

30

-1

578

3-1
1-7

44-9 131

-1

12

4-4

-S
•6

8-4

71

1-5

3-5

•e

10

-9

•1

•5

1

•6

•a

-7

•4

•3

-3

-3

-1

5-4 17-8 13-1
1-9 110 10-2

-B

3-2 31-2 16-0
3-B 10-2 3.1

4

IB
6

4

53
44

4

14-ft •iS-fl|1!i2-l

10-4
5-8

392 3Vl

-1

•1

•8

-1

3-9
1-4

9-7

3-8

4.8

1-1

-1

-1

33-2

6366
304-4

2

.1

1«^

"7-1 19-1

l.589 9 37>03-3

85-8
l-i3U
1.5 fi 4
434-S

APhiL

THE CHRONICLR

19, UflO.]

5t9

GENERAL QUOTATIONS OF STOCKS AND BONDS.
represont tUo par oBnt valun, wli^tevrir the pirimy bs; aflur qii itatioQ? ira frjq leitlr nuide p)rM»re.
JhefoUwin^aimroi'Uaonaareoft.mmBl, viz.: ' H " f .i- lu >•;,,' i{,. • s'.- ror < .i.l; "< I," for giiriiWvl; '-eal ." tif ea l).-JJd;
" 1. )?.," for land jtrant.
lor consolidated- " oonv." (or convertible; "9. f.," for stnklai? sunil;
Quotations in New York are to Tnuriiday ; from Other oltlec, to late mall dates.
OiintAfinnaln

New York

•'

Sabscrlben will coafsr a favor by slvlax notice of nay error dUoovered In the«e <tnotatloaa.

0mTED States Bonds.

Bid.

DMTEU STATES BONOS.
re^..Q—

*>48, 1891
4><s, 1891
48, 1907
4a, 1907

6—

1-J

Currency,
Currency,
Currency,
«», Currency,

1896
1R97
1898
1899

J&J
J&J 121

reg
reg

126'*

J&J

reg

8TATB SECURITIES.

Alabama—Class "A," 4

"B," 5s, 1906
Class"C," 4s, 1906
Currency funding 49, 1920
Class

6s,

fund

,

J&J

noii-Holford

& Ft. 8.isaue,1900. A & O
Memphis* L.R., 1899. A & O

&J

New,

reg. orcoup.,38,

1910

Bufifalo,

Water
Water

4

DlSt.Col.— Ooni.3-658,1924,op.F&A

121%

Ponding 58, 1899
J&J
Perm. Imp. 6b, guar., 1891 ..J&J
Perm. Imp. 78, 1891
J&J
Wash.— Pund.loan(Cong.)6B,g.,'92
Fund. loan(Leg.;68,g.,1902Var
Market stock, 78, lf»92
Water stock, 78, 1901....
do
78,1903
Florida—Consol. gold 68
J & J
Oeorgla-7s, gold bonds, 1890.Q—
J&J
4>s8, 1915

113

118

103 >«
104
104

1<.4>«

1:4

Iionlslana— Consol. 78, 1914. ..J&J
Stamped 4 per cent
Maine— New 38

Maryland- 38,

gold,

J&J

1900

93% 96H

102
106

M&8 illlia
1897
Michigan— 7e, 1890
M&N 103
Minnesota^ Adj. 4ifl8, 1912, 10-30. SlOO
Missouri— 68, 1890
J & J 100
Asylum or University 1892 .J & J 102
Fund, bonds, 1894-95
J&J 110
Hew Hampshire— 58, 1892
J&J J 102
War loan, 68, 1894
J&J 108H
War loan, 68, 1905
J&J 128
Hew Jersey—68, 1897-1902.. .J&J
6s. exempt, 1896
J&J
Haw York— 68. gold, 1892 ...A&O 109
A&O 109
68, gold, 1893
35
No.Carolina— 68, old, 1886-'98.J&J
200
68 N. C. RR., 1883-5
lao
68
do
7 coupons off ...A&O
10
68,fundlHgactof 1866 1900.J&J
«8, new bonds, 1892-8
J&J 20

13

1031a

,

.

J&J

RR

A&O

A&O
F&A

1912

110
130
113

96%

trust receipts
Tax-rec'vable coups., from cons'ls
Do
from 10-408.

New38(Rlddleberger).1932.J&J
I0-40s,cp.&reg.,3to5,19l9.j&j
Consol. coupon,

do

new

42

GITV SECt;KiriES.

Va'

O.- 78, 1894

1900
1907

J&J
J&J

1900
Improvement,
Detroit. Mioh.—7s, 1894
68, W. L., 1906
3ias, 1911

F&A
J&J
F&A

6s, gold.
5s. 1900
4s. 1905

19,2S...

F&A
J&D
J&D
88

7%
x65

23
66 14
35

..

§

1903

Louisville, Ky.-78,
6s, 1897
10'40B, 58, 1920
48,

Var

J&J
W, L.M&N

new
Newark—4s, 1906

Minn.—48, 1912

Porohaser also pays acoraecllatereat.

100
118

101% 102
121 14 12514
99 100 1«
111
lOS
116
L16
119

Mass.—68,

A&O

1-20

120
121
•

137
120
113
lis
104
A&O
101
Var.
1892.. .A&U 101% lc5
A&O 118 113
A&O 105 107
J&D 101 102

M&N

Var
Var

IJti

lit: la

111
113
102
100

2d, oonsol. 5s

^.

119
110
104
92
72
53
92ia

65

127i« 130
,121
Consol. mort.,63,1901), guar. A&O
Ulegh. Vai.— Gen. M., 73-108- J&.l ill [iii'a
A&O el24 1127
lalmort., 78. 1910
A&o 36>9)
(aoome. 7s. end., 1894
S-iBgl 83Ta
Atch.T. &S. Fe-new48, 1989, J&J

New

60i«l

Incomis, 19S9

Landgrant,78,

g.,

4ia8. 19'iO

60^

93

931a

1900 ....A&O

J&D

A&O
M&.-J
A&O

CoUateralTrust. 5s. 1937...F«A
Guar. td. 69, notos, 1891... MJtN
Califor. So. -Ist 6s, g.,l->26.J&l

Chic. &St. L.— 1st 68, 191.^..M&3
Chic. San.Fe & Cai.— Ist 3». reo

85

GulfCol.& S.Fe., lst,7s, rr.reeJ&J

100

1161a

69. 1923, Tru..t rec ..A.ttU
South. Kansas, lat 5s. 1926 .M&3
Aol. &Charl.— Istpf. 7s, 1397.
1st, 78, 1907
Inuome. 6s, 1900

Gold

5s,

101

Ub'y &Su8q.— Cons. 78, 1906. guar,

JiJ
J&J

J4.I

80
lis

113>a 115

Sinking fund, 69, 1911
58, 1909 (1st mort.)
58, plain bonds, 19-20

Alabama.—

—

102

KAI1.KUAD BONOS.

4ia8, 191215
48, 1J13-17

4-58, funded, laOO
Montgomery, Ala. 69

121

loUdlioa

A&O

58.1905
48. 1905
SHis. 1905

Mlnueapulis, Minn. -@8, 1892. J.tD
78, 1901
J&J

Mobile,

Paul.

Worcester,

1907..

Milwaukee, Wis. —Water78,'02. J&J
Water 48, 1906-7
J&J

120

1081*1110

88,1893-94
68,1899
58.1b93-1913
48. 1913

1911
68,

1121a 1\3."

K-718 108>«

1071a 103

78,1903, water loan
Toledo, O.— 7-308, KR., 1900.

J&J
88, 1905
Lynn, Mass.- Water loan, 68,'94. J&J
J&J
Water loan, 68, '96
M&N
5s, 1905
Macon. Ga.— fis, 1909
Manchester, N.U.- -6s, 1894.. J&J
J.teJ.
6s, 1902
Memplus. Tenn.— C,>mp.
Tax Disc, 6s, 1913
TaxDlst.Cs, 1915

llO
122
125
lot
107

106
103
Savannah- F'd 5s. con8.1909.Q—
Mass.— 68, 1905. .A&O 1291a 131

lom

Lowell, Mass.—68, 1890,
Lynchburg, Va.— 69, 1901-4. ..J&J

48,

129"

m"

Vai-

M&.V

1923

122

(Bonds of companies consoVtedyoUt
be/outut under the consol' d name-)
Ala.Gt. Southern- l8t,6s,1908J&J ell6
Debenture 6s, gold, 1906.. .F&A eioa
109»«
J&D el02
Gen'i mort. 3s. 1927
120
89
AlabanaMidland-lst.6s. 1928...
N. O. T. &o. 1st deb. 6s, 1907. e 70
Ala.
J&D]e 49
•iddebent. 6b. 1907
109
Ala.&V^loksb.-C .ns. 5e,1921.AAO. H9
101
Vicksb.&Mer. -Ist.Os. 1921.A&0| 98
lol

Long Island City, N. Y— Water.7a..

22

J&D
M&S

1894

Springtield,

.58,
M&N
do
Houston, Tex.— 68
101
Coiuprjmise 53, 1918
95
Indianapolis, Ind.-"D" 7-3,'99. J&J 110
68,1897....
J&J 106
Jersey City— Water 7s, 1902. ..Var
Water 68, 1907
J«J
Fuudlng68, 1909
F&A
Hudson County 58, 1905
M&S
Hudson County, 68, 1905
J&J

Hudson County 78, 1894.. ..J«0
BayonneCity, 78, long
J&J
Kansas City, Mo.— 88, 1896... Var
M&N
7s, 1898
Lawrence, Mass.— 6b, 1894. ..A& O
A&O
66% 68.1900

M&

Price nomlniil; no late traosaotlona.

1

J&D

1898
1901

llSia

J&J 137
J&J 121

4ias, 1916
5s. 1915
69, 1904
78, 1898
8s. Ib97

Hartford, Conn.—63, 1897
J&J (110
10-25 year8,4ia8, 18^0-1903. J&J 100
Hoboken, N. J.-78, 1892
A&O
6s,

112
130
130

Vai
1.898..A&0

3-658, 1907
St.L.Co^6s,1905
8t.

J&D

1920

120

110
125
125

iOO
L12
35
1181$
73
New adjustment, 48..
113
J&J 117
Richmond, Va,— 68, 1914
102
J&J 137
88, 1909
115
J&J 111
5s, 1921 & 1922
107
100
48, 1920
Water,1903 .. 139
Rochester, N. Y.— 78,
F&A
4s. 1912
F&A 112
8t. Joseph, Mo.— 68, 1903
F&A 99%
Comp'mise 48, 1901
Var 115
St. Loula. Mo.— 6s, 1899

.

Improvement

—

....J&.I
Petersburg, Va. 68...
J&.1
88
88, special tax
Philadelphia, Pa.— 68,1895.... JA.1

191K
Rahway, N. J.— Old 78

6
Elizabeth. N. J.— New 43,1922 J&J
&71S Evansville, lud.,oomprom. 4s,1912
1251a Fitohburg, Mass.- 6».'91, W.L. J&J
101
Galveston, Tex.-8»,1893-1909.M&S
58,

12*8"

103ifi 10.1

4ia8, 1899
3139, gold,

J&D

Texas— 88, 1904

in

119

1901
1908

Providence, B.I.—68,g.,1900... J&J
69, gold, 1900, water loan.. J & J

1902. J&J
Vaj

6b,
58, Street

11&

J.&J H331S 136
§116

long

69, igoi-.-i-e

I

M&N
AAO
M&.S

1920

103
120
132

135
126
103
J&D 109
13314
J&J 120
Portland,Me.— 6s, B R. Aid, 1907M&S 123
J&J 102
48, funded, 1912
Portsmouth, N,H.—6s. '93.RR. .!&.! 106
Poughkeepsie. N. Y.—78,waterlon» 140

Water,

12Jis 123

'78,

78, 1912
78, water, reg. Aop.,
4s, 1915
68, Consol., 1904 reg

Var

30-508, sink, fund, 1931.
30-508, silk, fund, 1930.
Hamilton County 48...

5b,

Albany, W.Y.— 7s. 1910-16. ..M&N S140
68, 1915 to 1919
M&N 5 120
48, 1920 to 1930
M&N 5102
Allegheny, Pa.—5B,op., 'a7-97.Var. 100
106
4'ss, coup., 1885-1901
Var. 100
105
48, coup., 1901
Var. 103
Allegheny Co., 5s, op., i913.J&J 100 103
100 101
4b, riot loan, 5-108
100 101
4b, riot lonn, 10-208
103
48, refunded, 5-20s. 1891-1906... 102
48. Court House, 190^, reg.. J&J 104
106
Atlanta, Ga.— 81, 1902
J&J 115 120
Water 78, 1901
J&J 114
68, 1895-6
J&J 104
58, 1911-15
J&J 102
4>a8, 1916
J4J 100 105
Augusta, Me.— 6s, 1905, Fund .J&J U19 121
Auguata, Ga.— 78, l»00-2
Var 110
68, 1905
JiV.I
107
Bultimore— 68, consol., 1890.. Q—
l(,0l8
6s, Purk. 1890
IOOI4
(4—
68, bounty, 1893
g
107
6s, bounty, exempt, 1893.. M & 8
107
5s, water, 1894
M,kN 106 14
68, 1900
Q— 122
*

6s,
48.

—

J.—78, 1900

Patorson, N.

M&N

1906

1908, City Hall

Dallas,

30

nou-fundable

Orange, N.J.

Vai

4s, April,

Var

M&N
A&O
A&O 5113

Pittsburg, Pa.-53, 1913

1905....'.

68,
5s,

AAO

Va.- 68, 1914
88, Water, 1901
5s, 1916
Norwich, Ot.— 58, 1907
78, 1905
Norfolk,

106%

ColumbtiB, Ga.—76
5s
Covington. Ky.—7-30s,1892
48, 1927, new

Rhode Isl'd— 69,1893-4, coup. J &J 111
3<>8
8 outh Carolina— 6s,Non-IancC, 1888
4
Brown consols
102
104 H
Tennessee— 68, unfunded
67
Compromise bonds,3-4.5-6s, 1912 78 1....
Settlement, 6s, 1913
108
lOi)
10314 101 !«
Settlement, 58, 1913
Settlement, 38, 1913
74% 751a
Texas— 68, 1892
M&S
7s, gold, 1890-1910
M&8
78, gold, 1904
J&J
Virginia— 68, old, 1886-'95...J & Jl 50
68, new bonds, 1866
J & J 50
68, consols, 1905. ex-ooup
45
J&J 40
69, oonsol.; 2d series
J&J 50
6s, deferred bonus

Do

gold,

Exempt

1907

New2i«8

101 la

1903
1909

Funded debt

6

4

7s,
68,
68,
48,
4s,
48,
58,

Cleveland,
1021*

41a

Penna.— 5s,new,reg.,'92-1902.F&A
48, reg.,

3s.

Cincinnati, O. -7-308, 1902 ...J&J

107
102
108

58, gold,

6s, Chatham
68, special tax,class 1,1898-9A&(J
Trust oertiflcaies
48, new, COU8., 1910
J & J
6s, 1919

J&.I

4s, l!'04

1898

48. 1906
3i«8. 1904
3i«9, 1901,

A&O
M&S

1898-9

5s,

gold,

M&N
J&J
M&N
M&S
M&N
M&N

1901

5.^,

J&J

Cook Co. 7s, 1892
Cook Co. 58, 1899
Cook Co. 4148, 1900
West Chicago 58, 1300
Lincoln Park 7s, 1895
West Park 78, 1890
South Park 68, 1899

110

i05

J&J
Ha8sacbusetts-5s,gold, 1891. .A&O ;oi
gold, 1894
J&J 107
58,

69, 1900
6s. gold,
5s, 1908

68,1895
4ia8, 1900
3-65e, 1902

100% 10138

8-658, 1899

5«
Cods. Ss, 1923,ezt. Crossmin. J&J
J&l'
59, 1934
MAv
N.Y. Clty-78, 1900

ex< mpt, 1906-13

N.Y.— ,B. 1924-5

V«

New Orleans, La. — Premium

A&O

05

1910

1906

N. Haven— Park,3i«p.o.,20.508. J&J

J&J
Wa'erSias, 1905
F&A
Wa'erSs, 1916
Cambridge, Ma88.-Water68,'86.J&.l
J&J
City 68, 1'j04
Vm
Water 3V, 1911
Charleston, 8.C.—Conv.7s,'97. A &0
J&J
Conv. 48, 1909
Chicago, [11.— 7s, 1892-99

4100
•5100

105
131
134
Sill

3a, If

New 3s,

4

&O

Conneotlo*t-New,rg.,3iss,1903.JJIrJ

Water

4
4

78,L.R.P.B.&N.O.,1900.A&O
78,Ml88.0. & R.Riv.,1900.A&O
78, Ark. Central RR.,1900.A
78, Levee of 1871, 1900. ...J

15

4

78, L. R.
78,

.OS's

10
130

.

6s.

Brooklyn, N. Y.— Park7s, 1924. J&.I
J&.I
Bridge 78. 1924
J&J
Park Hs, 1924
J.«J
Bridge 58, 1919
Biidge4s. 1926
J&J

118

U!3i>

Vai

A&O

N. Brunswick.N.J.— 78,w«ter,190i

Var
V-r

Water 59. gold, 1906
Water 48, 1917
WaterSias, 1917

107%

Arkan.— 6b, fund.. '99. Boltorrt J&J

3ia8,

Boston, Mass.— Water 68,1906 .Vki

107
110

to 5, 1906..

1905

New Bedford.Mass.-68,1909.A&<

Me.— 6s, railroad aid, "98.

Belfast,

Va
Va

78, 1895
7s, .4qiieduct.

J&J

4138,1907

1909
68,1910
58,

124%

.1

1'.'4

reg.. ..J&J

CiTT Securities.

A8k.

Newark— 1>«9, 1896

6s, West. Md. RR., 1902.... J&J
103»s 104
M&K
58, 1916
1031s 104
I2214
122
48,1920
122
I2214 Bangor, Me.— Water.Cs, 1905. J&J
116
E. & N. A. RR. 68, 1894
J&J
Vai
Bath, .Me.— 68, 1902
118>s

reK.

68,
68,
68,

Bid.

Baltimore— (Continued) -

ooup-.Q—
coup.

City Seocrities.

Ask.

881a

112
101

90

ebiLaadon.

A«U
A&O

K Coupons on alaoe 1863.

76 14

109%
120
103

122>«

THE CHRONICLE.

550

[Vol. L.

GENERAL QUOTATIONS OP STOCKS AND BONDS— Continukd.
For Kxplaoatlona S«e Note* at Head of PIrst Paxe of Qnotatioas.
Railroad Bonim.

Bid.

A%t AFlorlda— l«t, 68. lfl3B..M*N:^
Atlantic City— Irt.Ss.g.,' 919. M*N
Atlan. A Dan.— Istjj. 6s,lin7.A&0
Atlantic* Pao.-l8t4R. 1937. .J<tJ
W.D., Buar.,g, 9.f.68.1907.M&9
A&O
W. D. InooiHua, 1910
Central Div., Ist, 68, IK91..MAN
InconiPB, 68, ^l>n^5ll^lul., 1922.
Land gr. Incrm' s, cnm., 1901..
BallJmore & Olilo -48, 1 935. . A&O
i>arker8burK Br., 68, 1919... A AO
F&A
6«KOld, 1925
2(1

.

OoDSol.

eoM

.18,

F&A

1988

JAD
A&O

1927

A

AAO

101
117i«

no
iri5" 115

el07

109
107

'

Var.

MAN

1903

Boston A Maine— 78, 1893
JAJ
78,1894
JAJ
ImproTement 4s, 1E05
FA.V
Do
48,1937
FAA
Boat. A Providence— 78, 1893. JAJ
48, 1918
J&J
Boet.A Revere B'h— l8t,68.'97. JAJ
Bradford Bord. A K.— 1st, 68, 1932

Bradf.Eld.A Cuba— l8t.6s,1932JAJ
Brooklyn Ele.— 1st, 6«, 1924.. A&O
Zdmortg, 58, 1915
JAJ
Union Kl.— Ist, 6s, 1937. ...M&N
Bnfl.Brad.AP.— Oen.M.7s,'96.JAJ
Bofl.N.Y.AErle— Ist. 78. 1916.JAD
Buff.Rocli. A Pittsb.- Gen.Se, 1»37
Rocb. AP.. Ist, 68, 1921.. ..FAA

115
115

99% 100 •«
70

126
90

Neb.RR,

lat,78,

1918

JlOiia 101%

113

JAJ
JAJ

AAO
1896. J&D

1896

Cm. A 8. W., Ist, 8s,
lU. Grand Tr., Ist. 88. '9O...AA0!
Ott. Osw. A Fox R., 8s, 1900. J&J

no
113

26
UO

lloij 110^

89

9o

10856 109

103
139 >«
J7
118
118
118
99 "i

Chic. Mil.

&

Paul—

St.

M.ASc.P.lst, 88, P.D.,1898. FAA
P. D., 2d M., 7 3-108, 1898.. FAA
R.D., Ist, $, gold, 7s, 1902 ..JAJ
JAJ
La. C, Ist M., 78,1893
I. AM., Ist M., 78,1897
J&J
Pa. & Dak., Ist M., 78, 1899. J&J
Chlo. A Mil., l8t M.,7a, 1903.J&J

1910

JAD 133%

Consol. mort., 78, 1914

09

J&J

& Pac. Div. 68, 1910 ...J&J
West Div., 58,1921. J&J
Cblo. A Mo. Riv. 58, 1926.... J&J
Mineral Pt. Div., 58, 1910... J&J
Chic. A L. Sup. L>iv., 5s, 1921J&J

Chic.

do

1021s

M&N

l8t7a,gold, 190i>

loa%
Impr., g., 58, 1928
J&D
Wi8.&Minn.Oiv.,5s, 1921. ..J&J
104% DeaM. & F.D.— Guar. 49,1905. J&.i
Terminal os, g., 1914
J&J 11
lat mort., guar., 2iss, 1905.. JAJ
Dubuque Div., Ist, 68, 1920. J&J 5111% 112
87i« 9014
lat M., on Ext.,guar. 48,190.5JAJ
Wis. Val. Div., l8t, 68, 1920. J&J 5104's 105
Mlnn.ASt L,.l8t78,g'd,19.7 J&li 104
Det. B. G. A Alp..l8t,6s.l9l3 J&J
Fargo ASouth.- 68.a88.1924.J&J
Iowa C. A W., 1st, 78, 1909 M&S 90
Det.G.Haven&Mil.— Equlp.6s,1918
JA3
Inc. conv. 8. F. os, 1916
Rap.I.F.A N.,l8t,68.1920.AAO
94
100
Con. M,, guar. 6a, 1918
AAO
Dak. & Gt. So. 5s, 1916
JAJ
do
1st, 5s, 1921
AAO
Gen. g. 4s. ser. A., 1989
J«J 96>4 96% Det. L, & North.— Ist, 7s, 1907, J&J
Oallfor. Pao.— Ist M.,4i«8,]912 JAJ 105
108
143 14314
Gr.Kap,L.& D„ l8t,58,1927.M&8
Chlc.A Northw.-Con. 78,1915.6—
8dM..68, g.,endC. Pac, '9 1. JAJ
Det, Muck,& M.— Ld. gr. 3%8, 8. A.
Consol., gold, 78, cp., 1902. .JAD 127i«
8d M. (guar. C. P.), 68, 1905. JAJ
Sinking fund, 6s, 1929
AAO 113% 115 Dub,&S, City— l8t.2dDiv..'94. J&J
do
do
38, 1905. JAJ
do
58,1929
A&O lu6=8 106% DuI,ithAlronR.— Iat,58,l937 A&O
_
Oamden A Atl.— 1st, 7e, g.,'93..JAJ
Duluth 8. 8U. & Atl— 58,1937.JA J
debent., 5s,1933.M&N 110
do
2d mort., 68, 189.*
Dunk.A.V.A P.— lat,7a,g„1900J&D
AAO
25-yr8. deb. 58, 19o9
M&N 108
Consol. 6s. 1911
E,Ten,Va,&Ga.— l8t,78, 1900. J&J
JA.'
Exten. bds. 48, 1926
F&A 18 99
Camden A Burl. Co., fa, 1897.F& A 111
J&J
Divisional, 58, 1930
Escan.&L.Sup., Ist, 68, 1901.JAJ 113
Canada 8o.—lst 68, guar., 1908,JAJ 109 1091a
MAN
Consol. 58, g., 1956
Des M.AMinn'8,lst.7s,1907.FAA
2d mort., 58, 1913
J&D
M&8 98 95I4 Iowa Mid., 1st M., 8a, 1900. AAO 126%
lat Ext., gold, 5a, 1937
93
Cape F. AYad.V.,Ist.H8,8or.A,l»16 104 lO.'S
Equip. & imp., g., os, 1938. .MAS
Peninaula, 1st, couv.,78,'98.M&S 12J
l8t68, ser.B, 1916
J.&J.- IO2I9 103 •«
Mobile & Birin., ist, 58,1937.J&J
Chic. A Mil., Ist M. ,7s, '98. .J&J 119%
Ist 6b, series
JAJ 103 104
Wlnona&St.Pet.- 2d78,1907M&N
Knoiv. & Ohio,l8t, 6s, 1925. JAJ
Carolina Ceut.—l8t,6s,g.. 1920. J&J
I06
JAJ 117
Mil. A Mad., Ist, 6s, 1905. .M.&8.
Ala. Cent., lat, 6a, 1918
Oatawlssa- Mort., 78, 1 90O. .F&A
123
Ott. C. F. & St. P., 58, 1909.. M&S
East. & W. Ky., Ala. -lat, 6s, 1926
Oadar F. & Mln.— ist, 7s, 1907.J&J 67 19
5
I0d% Eaatem,Ma8S.— 6s, g.,1906. .MAS
North, nis., Ist, 5s, 1910.... M&8
Oent. of Ga.— l8t,con8.,7s,'93.JAJ
ll9
Madison Ext., 1st, 7s, 1911. A&O
Easton & Amboy-M.,5s,1920M&N
Collat'l trust 5s, 1»37
102
M&N
Menominee Ext.,l8t,78,1911 J&D
Elizab,Lex,& Big S.- 68, 1902, M&S
Sav.AWeBt.. 1 st. guar., 1929 M&H
95
Elmira&W'mspt— Ist 68,1910.JAJ
Northweat.Un., l8t,7s, 1917. MAS*
Col. &West(rr,l6t, 66 1911.JAJ
118
AAO
Chic. ATomah.— lst,68,'05.M&N
58, 2S62
Cent, of N. J.— Ist cons. 78,'99.Q-J 1191a 120
103
Cedar R. & Mo.— 1st, 78, '91. F&A
Erie A Plttsb,— 2d, 7a, 1890. .AAO
Convert, mort. 78, 1902. .. MAN 12Bia 128
131
JAJ
M&N
Cons, mort,, 7a,1898
Ist mort., 78, 1916
Cfcnveit. debent. 6s, li 08..MA^ 117
A&O
120
Equipment, 78, 1900..
2d mort., 78, 1909. guar.. .J&D o
Gen, mort., 5s, 1987
112
ll»8
J&J
Evaus.AInd.- lst,guar.,g.,6a,1924
8. C.&Pac, lat, Gs, 1898..J&J ^107
Leh. A WU.— Con. 78,g.,1900,a88.Q 113% li4
JAJ
122%
Frem. Elk.A Mo.V.— da,1933A&0
lat, con., 1926
Mortgage Ss, 1912
1-/1% Evaua.A T,H,,lst con.,68,1921,JAJ
M&N
106
do
do
Unstamped..
Am. Dk.& Imp. Co.,5s,1921.J&J
110
94% Mt. Vernon— Ist, 6s, g,,1923AAO
Cllic.Peo.& St.L.-Gu. 5s,1928.MAS
03i.t. Ohio— 1st M.. 68, 1890.. M&f 100 14
130
Evan8V,T,H.&Chi.— lat. tia, g,1900 101
Chic. K.I.& Pac— 68,1917,ooup J&J lz9
Reorg.cons. lsT,4i2S, 19iJ0.MAS 100
tll9ll
Fitchbur«-5a, 1899-1903.... Var. SlOo
Chicago A South vsestern
-08Lt. Pac— 1st, 68, gold, 1895.J&J iim
M&N'fl09
Exten. Aool. 58, 1934
58,1908
J&J 104
1st, 68, gold, 1896
AAO JllO.,
J&J nils
Ohio. St. L. & P.— Con. 5s, 1932. A&O 1U4
6a, 1897
l8t, 68, gold, 1897
A&O 1O9:;
J&J 113 114
Chic A Gt. East., Ist, 78, 93-'95. 105
78,1894
1st, 68, gold, 18U8
MAS 5101
JAJ 114% ;l.,i4
123
Col.&Ind. C.,l8tM.,78,1904.J&J U20
4%a, 1897
B Joaquin, Ist M.,6s, g.l900.A&O liO 113
AAo ^ 97
1907
49,
do
2d M.78,1904.M&N J115
Cal.A Or,- 8, ries B., 6s,£,'92 J AJ 100
Bost.H.T, & West,, deb. 59, 1913,
Un.& Logan8p.,l8t,78, 1905.A&O 5118
Land grant M., Os, g., 1890.A&O 100 14
Flint & P, Marq,— M, 68. 1920. A&O 120
Cin. & Cliio. A. L., 78, 1890 F&A 5100
Mort., (told, 5s, 1939
MANl 107%
A&O 100 1021;; Chic. St. P. & Kansas City.—
lat, con,, gold, Sa. 1939
West. Pacif., 1st, 68, g., '99. .JAJ 114
99
87
l8t,g,5a,1936
Fla. C. & Pen,— lat, g.,5s,l9l8.JJ!J
J&. )e 85
Central of So. Car. Ist 68,1921.JAJ 101
"
105
84
lat, 68, 1921 loTa
b7
Minn. & N.W.lst, 5s,1931.. J&J. e j^^j
Ft. Worth & Denv.
_
. „
_
Cliarles.Cm.AC.l6tg.5s,1947.0-J
122
lst,68,g. 1910,
Gal.Har.&SanAnt.—
ClucSt.P.Min.&Om.— Cou. 68, 1930
i)nM'l'teCol.&A.-CoU8.,78,'95.j&J
J&D 9J
Ch.St.P.A Minn. l8l.6s,1918M&N liO
2d mort,, 7s, 1905
2d mort., 7s, 1910
94%
AAO' 116 120
Ncrth Wise Ist, 63, 1930.. .J&J.
West. Div, lat, 5a, 1931., ..M&N
Consol., g.i.d, 68, 1933
J&J 108 ifi lU91s
Gal,Houa,AHen.— lat,5a,1913A&0 72
St. Paul&B.Clty, l3t6s,1919.A&0 122 >s
Cliartlers- Ist, 78, 1901
A&O n,-is 120 Chic.A W.Ind.—S.fd. 6», 1919 MANl
J&J
Georgia— 6a, 1910
CJ»es.AOhlo.— Pur.money fd.,68'yb 1143|, 114'»!
Generalmort., 68, 1932
Q—
Georgia Pacltto— lat, 6s, 1922. J&J 113%
Series A, 6s, 1908
AAO ll5>s 118 Chic. & W. Mloh.— 58, 1921 ...J&D 9i^ 94% Cou. 2d mort., 5a, g, 1923. ..A&O
Mortgage lis, 1911
AAO
\&0
118
Cin. &Balt.— l8t, 7s, 1900
Con. income, 68, g., 1923
J&J 11114
C.AO. Hy, lat58, 1939
M&N loisii
Cin. Oeorg. & Poats.— 68, 1901 A&O
Ga.CaroL&No.— l8t,5a,g.,1929.J&J 103
1st Consol R A A.i-4.1989 J&J
'.3
71
95
Cin. Ham. ADayt.— Consol.SsAAO ,106%
Ga. So. & Fla.- Ist bs, g, 1927. JAJ
2d(ouBol. R. A A. 3-4.1989 J4J
6ais 70
Consols. F., 7s, 1905
lir.Kap. A Ind.— lat, l.g., g'd, 78, g. 5117
A&O 12,
Chies. O. & B.W.-M.68, 1911. .FAA no
112
Consol. mort., 68, 1905
1st M.,78, l.g., gold.not guar. AAO
A&O ,11614
Zdmort., 68, 1911
5l07
FAA t2is
»7ia 98
21 mort., gold, 4I2S 1937. J&J
Ex land grant, lat 78, '99
Che8hire--6s, 1896-98
M&S
J *J SlOsH 109
Oln. H. A 1., l8t M., 78, 1903.JAJ II914 120
General 5a, 1924
Chlo. A Alton- Isl M., 78, '93. .JAJ 109
no C.I.St. L.
Mutikfg.m Div. fa, 1926. ..J&J.. elul
Ist g. Is, 1936,Q—
100
Sterling mort., 68, g., 1903.. J&J el20
122
Con. 6s. 1920
)11U
Ur. Bay Wlnoua & St. Piiid.—
Sinking fund, 6s, g., 1903.. .MAN I2II4I
FAA
Cin.Alndianap., l8t.,78, '92. JAD
106%
1st, OS, 1911, cuupan oil
Luniis'a&Mo.R.,l8t,78,1900K&A 118
2d M.. 78, 1892
2d,mcome8, 1911
JAJ 1103 107
2d,7s, 1900M&N 118
Indianap. C. AL., 7a, 1897..FAA'5n5
=..,
dan. & St. Jo.- Con. 68, 191 1 M&S
V,
flfcL.Jaek8'v.AC..l8i,7s,'94.A&0 109 14
Cln.Laf.&C— l8t,7s,g.l901.M<soi4il7
Kan. C. A Cam., 10s, 1892 J&J HO8
do lstguar.(564).78,'94A&0 109 14
Cln.Jack.aMac— lBt,58,1936. J&D 70
75
Harrieb'g P.,&c l8t.,48,1913.J&J|
do 2dM. (360), 78, '98. .J&J 113 isL.
Cin, Leo, A Nor.— lat, bo, 1916JA.I 100
lOl
dare. A Conn. West.— 58,1903.J&J HOO
do 2d guar. (188) 78,'98.J&J Il3ia
Cin.Rlch. AChlc— lat, 78, 'OS.J&j'Si 10
111% dousatonic- Cons. 58, 1937. .M&N] 107
Mlss.Riv.biidife. lHt..8.f..6».191-.i l(i4
Cin. Rich, A F. W.— l8t,7a,1921J&l)'nl5
•Io'8t.E.&W. Tex.— lst,78,'98.M&Nl 63
117
* Price nominal uo aietiaugaotlona.
Coupon o.t.
t In Amsterdan-.
« In Londor.
J Purohaaer also pays socruc4 mterear.
Consol., 1st «8,

JAD

1922

Butt.& Southwest.— 68. 1908. .J.&J
Bnil. C. R. A N.— l8t.58,1906. JAD
Cons.lat Acol. tr., 58.1934. A&O

93
92

—

Hast. &Dak.Ex.lst,78,1910.J&J
58,

15

Trust rec

.

Consol.. 78, 1905
J&J
Ist M., I. & D. Ext., 78, 1908JAJ
Ist M.,68, S'thwest Div.l909J&J
Ist M., 5s. La 0. & Dav.l919J&J
J&J
So. Minn. Ist 68,1910

do

8s, 193],

JAJ
109 >«
Cons. S. F., 7a, 1914.
119
113% 119
JAJ
Gen. con. 68, 1934
107 "a' 108
Belief. A Ind. M., 78, 1899. ..JAJ 114
89!^ 90
Cleve. A Mah.Val,-G. Ss, 1938J&J
,110
112
Clev,&P.-Con8.8.F.,78,1900M&N izs'
,116
117
4th Mort., 68,1892
J&J
,100% 101
Colorado Mid.— lat, 6s. 1936. .J&D
|120i« Columbia & Gr.— Ist, 68, 1916. J&J
1-20
1 00 la 100%
2d mort,, 6a, 1923
A&O
Co:.& O.IVIld.- 1st, 68, 1914. ...J&J
1241a 1.5
107'4 107i« Colum.Hook.V. A T.— Con.5a,193
117
Gen. 68 gold, 1904
JAD
116 117i»
Col. AHook.V.- l8tM.,78,'97.AAO
9:is 9sii
do
2d M., 78, 1892. JA.T
116
97 It 98
CoL &Toledo—lst7s, 1905. .F&A
106
do
2d mort., 1900. M&S
Ohlo&W.Va.,l8t,8.f.,7a,l9iOM&N
112
C!ol.Springf.&C.— 1st, 78,1901. M&8
1231s'.
118
Col. & Xenla— lat M., 78,1390.M&S
ic'sii
12;jia 12418 Conn. APaaaump.- M,,7a,'93,AAO
119
111
Connecting (Phila,)— Ist, Os ..MAS
89%
II7I4 119
Consol.RR.of Vt., lat, 5s, 1913,J&J
109%
9^"°
119 >« 121
Dayton & Mich,— Con, 5r,1911 .JAJ
125
Dayton A Union— Ist, 78, 1909J&D Jl?5.
I2714 128
Dayt.& West,— lstM„68,1905,J&J ills'*
123%
127 «
1st mort,, 78, 1905
J&J
11438 115' Delaware Mort., Os, guar., "95 .J&J
Del.& Bound B'k— lat, 78,1905FA A
103 'a
11438 115
Del, A Hud.- Ist.rfg. 78, 1891 JAJ
1231s
lat, Exten,, 78,1891
M&N
lli%
lo3
Cuupnn 78, 1891
AAO
116
lat. M,, Pa,Div.,78, 191....7M&S
lo7
Del.Lack.& W.— Conv.78,1892 J&D
102 14 102%
Mort. 7s, 1907
M&8
1021s 104 14 Den. A R, G — 1st con. 48, 1936.J&J

51

Quinoy& Wars'w, l8t,88,'90.J&J
Atoh'n & Neb.— 1st, 78. 1908 M&s(
Repub. Val., Ist, 68, 1919. ..J&J
llUa Chlo. & East ni.— Ist mort. 68, 1907
107
l8t. con., 68, gold, 1934 .... A&O
IO4I4
Gen. con., Ist, Ss, 1937
M&N
111
Ch. A 1. Coal R'y, IstSs. 1936 J&J
105 >« CMC. & Gr. Trunk- 1st, 63., 1900..

m

Income

.

105 1*

103
103%
107
08
107>a 108
no 111
1U3
IU4
lOBi^ 107
IO914
1041a 106

H12

Cons, 68, non-ex.,
48, (Neb.), 1910

36%

12
107 "» iro
Clearf. A Jeff.-lst, 6a, 1927 .JAJ 116
95!||
96
Clev. Akron & Col.— lst,6a,1926J&J t*103
9319 95
M&S •97
G^n. M., g., 58, 1927
92
90 1» 91is Cleve. ACanton-lst, Ss. 1917.JAJ
9l'8 94
1939J&J 90
C.CC.AS'.L.- C. Div., 49,
Sill's 112
Clev.Col.Cin.AInd.— l8l78,'99MAN 121%

105^

Bnr.A Mo.(Neb.), lst,6R.1918.JAJ

124I1

A«0

107
BelTldere Del.— l»t,68,o.,1902.JAI) 116
Cons. 48, 1927
FAA 101
B08ton A Albany— 78, 1892... F&A lOS"*
68,1895
JAJ 111
B08t. Cono. & Mon.— V>n8. 78, 1893 1061s
Oonsol. mort., 6», 1893
AAO 1<;4
Impiovement es, 1911
J&J llOia
Bostos&Lowell- 78, 1892. ..AAO 105 )«
1896
6«,
JAJ 112
ta, 1899
JAJ 110
4ia8,

1913
MAN
Iowa Div. 8. F.58. 1919
AAO
AAO
Iowa Div.. 48, 1919
FAA
Denver Div., 4s, 1922
MAS
48, plain bonds. 1921
Neb. Kxt., 48, 1927
MAN
Plain, 78, 1896
J&J
Bonds, 58, 1895
J&I)
Bur. & Mo. R., I'd M., 7s,'93.A&0
58, debenture.

I8t, tunnel, 68. g., g'a, 1911. JAJ
Beech Creek— 1 st.g'ld, 48, 1936,J AJ
Ist, 7s, 1893
Bell's
JAJ
Consul., 68, 1913

48,1905-6-7

,

102
101

104%

,

el05
Sterling, its, 1933
Bait. A Pot'o— I8t, 68,g.,1911A&0

Gap—

Clnn.Sand.A Clev.— 6a, 1900.. FAA UOl
JAD 5100
2d mort., 78, 1890

F&A

2d. 68, 1923

Bid. Aak.

RaILBOAD BOMDt.

Ask.

11314
JAJ
Consol. mort., 5s, 1928
Ohio. Burl.& Nor.— 5b, 1926. .AAO 103
J&D51021* 102% Cin, ASp.- 78, C.C.C, I. 1901.A AO
rd. fs, 1918
77>s 78>«
78, guar,, L.S.A M.S., 1902. .AAO
JADi l"2is 1' 3
Debent. 68. 1896
1S><
FAA 510614 107 <31n. Wash.AB.— l8t,4%s-68, Tr. rec.
Equipment 79. 1903
2d mort., 5s, 1931 Trust leo. JAJ
100
(nilc. B.AQ.— Cons., 78. 1903. .JAJ 1261s 127
1051*
3d, g., 38-48. 1931, Tr. rec. .FAA
fund, 1901
58. sinking

Rlv. E;a8tSlde58, 193.i 106^
MAS el 07 109
Sterllni;, 68, 1895
Sterling. 68, g., 1902
MAS ell5 117
et22 124
BterUnir, 68, K., 1910
eterlinii, 88.

Bid.

ChlcA Atlantic- l8t, 68,1920.MAN
105

BohuyUlU

MAN

BXItSOAD BONDS.

Ask.

56%

a

96%
i'l9%

.

118
1C6

109%
111

""

no

101%

97%
99
122

|

I

C—

.

107%

.

100
74
113^8

81%

i

29

.

i

103%

I

i

117

96
loa

AC—

.

.

.

92%,

il3%

_

.

,

,

||

110
110

I

108%
'

Apbil

THE CHllONICLK

19, l&fiO.]

551

GEXBRAL QUOTATIONS OF STOCKS AND BONDS—Costinobd,
For Bxplanatlon* See Note* mt Mead of Plr«t Pa'te or Quotatlone.

112

H.& Tex.Oen— 1 Bt

7». Tr. rco. .1891
West.UIV., 1st, 78,Tr.rec.'91.I&J
Waco A N. W., l»t, 7s,K.,1901.J&J
rec.A&O
3d mala 88, 1913, Tr
Gen. iiiort. 68, 1925, Tr. reo.A&O

Bailboad Bomob.

ABk

Bid.

RA.ILBOAO BONDS.

Bid.

An(lroscog.& Ken., 68, 1890-01.. il00i« 101
109
Leads & Farm'gt'n, Os, 1896. J AJ 108
108
Portl.& K..Cona. M., 6s, '!i5.AA0 107
106
Debenture. 68, 10-20h. 1905. FAA 101
105
Mar'ta&N.Ga.-l8t.68,K.,l911.JAJ 102
Hunt. & Br.Top-l8l,78,'90..A&O lOl"*
'92 ll04\ 105
Marq'tteHo.&O.— Mar.*0.,8s,
F&A
2A mort., 7s, if., 1895
100
MA8 103 10)S
68, 1908
A&O
Cons. 3d M. 58, 1895
107'!.
68,1923 (extension)
JAD 100 101
Illinois Cen.— )Ht,K0ld,48,1951.J&J
68, 1925(Marq A West.).
AAO ll04% 105
Gold, 3is8, 1951.
J&J "aih 92
Col. tr.. (told. 48, 1952
AAO 100 >< 10U% Memph.A Chan.— l8t,7H, 1915.JAJ 124
2d mort., 7s, extended, 1915.JAJ 124
SpringMeM Dlv., 68, 1898. .J&J
Ist oonsol. 78, 1915
JAJ 116 VJO
Middle Dlv. reg. 58, 1921... F&A 112>S
108
1st. eons.. Tenn, llen,7s,1916 JAJ 124
Bterlln*?, 8. F., 58, (;., 1903..AtfeO el06
107
Gold, 68, 1924
JAJ
8terlinK,)teu. M.,6s, g., 1895.A&0 elOS
J&D ellO 112 Mdtrop'u Elev.— iBt, 68, 1908, JAJ i'l'SS! 117
Bterlln.^. 58.1905
MAN 108 •« 116"
2d 68, 1899
Olil0.8t.&N.O.-r.l'n,78,'97.M&N
119 120^ Metloan Cent.- Prlor.5s,1939.J&J ):108
1st oon.78. 1897
Consol. 48, 1911
JAJ ] 70\ 71
J&K
2d, 68, 1907
37i« 38
1st con. Inc. Ss, 1939
July
J&n
68, 1951, gold
96i<
2314 23'*
2d oiin. Inc. 3s, 1939
Julv
Mem. Dlv.. Ut 4s. g., 1951J&D
83
88
Old Istmjrt. 78, 1911
JaJ
Ac&O
Cnd. D. & W.— Gold, 58,1947...
Mexican Nat.— Ist, 6s, 1927. .JAD 93
2dm. Inc. 5s, 1948
J&J
51
2d M.,8er. A,lnc.,6s.l917...MA8 46
Ind. Deo.ASp.— l8t,78,1906.A&0l
13
10
2d M., Ser. B.tuc.,68,1917.. April
Ind'poUs & St.L— l8t,78, 1919. Var.
VIloUlKan Central—
Ind'apoUsAVln.— l8t,78,1908.FAA

105
112
76 %

1

W\

iim

;

!

2d mort..

68,

(?.,

»tuar.,1900.McfeN

& Gt.North.— l8t.«s.l919.M&N
2d coup. 6s, 1909, Trust reo.M&8
Iowa i>nt.— 1st «t.,.5s, 19a8..JAD 8e>i
I'a Falls & 8. C— l8t,78,1917.A&0 (127
Jacksonv. 8. E.—l8t, 68.1010. .J&J
'940^
Cll. P.&St.U,l8t.6s.«.,l!)28.M&8
96
Utch'ld C.& W., lst.68,1916.J&J

U0>«

Int.

7B
87»8

130

Louisville & St. L., 58, 192 7. A&O
lefferson— l8t5s,K. Erie,1909.A&O
Mad.&Ind.— l8t,7a,1906.A&O

2d mort.,

78, 1910
J&J
da, 1936
C. Clinton
8pr.— l8t,58,192E
Pleas. Hill
Soto, 1st, 78, 1907
Kansas C. Lawr. So. Ist, 6s. 1909

J&J

&

Kan.

os,

1927.M&8

l,akeSlioi'e.oon8.,op., Ist, 78. J&J
do ocinB.,cp.,2d,7s, 1903. .J&D

5s,

100 Is
101
•83
124

FAA 100

1907

JAD
78, 1927. J&D

1st, conaol. 6s, 1913

106

Wlnn'p. & St. L.— 1st,
1st M., Iowa City& W., I909.J&D
J&J
2d mort., 78,1891
South we8t.Ext.,l8t,78,1910.J&D
Pacific Ext., lat, 68, 1921.. A&O

Imp. &Equip.

I^keE.&West.— lst,g.,58,1937J&J 10938
Laie Hbore & Mlob. So.—
&A8li.,new78, 1892. .A&O
Baff.& E., new bd8,M.,78.'98.A&0
D6t.Mon.& Tol.,lst,78,1906.F&A
Dividend bonds, 7s, 1899. ..A&O

122

1931
102
...JAJ
Mort<age 48, 1940
J.L.&Sag.Cons.l8tM,88,'91.MAS
es,l891
MAS 101 Og
do
JoUetA N.Ind..l8t,78 (guar.M.C.) 118

Conv.deb.

K.0.8t.Jo8.AC.B.— M.78,1907. J&J
Nodaway Val., 1 st, 78.1 920. J&IJ
K.C.F.8e.&Mem.-l8t,6s,1928.M&N
Current River, 1st. OS. 1927. A&O
K.C.Ft.8cott& G.— l8t.78.1908 J&D
Kan.C.W}-.&N.W.-l8t5s.l93 5.J&J
Ken. Cent. Ry.— Gold 48, 198T.J&J
Kwkuk&DesM.—lst,5s,1923.A&0
KlngsCo. El.-8r.A.,Ss, 1923..J&J
2d mort .=18. 1938
A&O
Fulton El. IstM. 58. 1929. .M&S
Kings. & Pemb.— 1st, 68,1912 J&J
Ca. P.

ill's 113

MAS
M&S

68. 1909
5a. coup.,

106
118
130
1181c

125

125 >i

Mahon. Coal RR.lst,58,1934.J&J
i"l7
Lehigh Val.— 1st, 6s, 1898. ...J&D
8d mort., 78, 1910
M&S ISSHi iss-'a
139
Qen. M., 6s, «., 1923reg
J&D

68,

:

JAJ

1922

3d mortgage,

7a,

:

:

55
88
92

90
94

761s
731s

74 13

& Flu.

.H&N

Ist 6»,191 1.

lioa'v.Ev.&St.l^l8t.68.l926.A&0 ,
E. R. &E. Div.. l9t, 6s,l921.J&J 5 101
H. T. C.&C.l8t68,g., 1927. A&O 6100
Consol. 58, 1939
J&J 80
Louis. & Nash —Cons. Ist, 78 189S 1153e
OeolUan Br., 78, 1907
M&8
S. O. & MobUe. Ist 68, 1930. J&J
do
20, 68, 1930. ...J&J
E. H. A N., 1st 68, 1919
J&D
Senl mort., 68, 1930
J&D
Lon'v.C.A Lex.— lst,78,'97 ..J&J
2d mort., 78, 1907
A&O
Louis. Cln. & Lex., 6s. 1931. M&N
Mem.A 0.,8tl., M.,78, g.,1901J&D
M.&Clarksv..8fg,68,g..l902 F&A

99i«

1891
J&J 103
Ver'8 Vy.Inrl.AW.l8t53.l926J&J
Leroy & C. Val., l8t,58.l926.JAJ ^
99
Car. Br.. Ist 63, g. 1893.... A&O
Moblle& O.— Ist, g'd, 6a, 1927. J& D 115
Qlat Extension 68, 1927

112
1211s
99ii

78.

68ifl

72
42
77
114
123

123
115

!iii.ANo.Ala.,8. F. 6s, 1903M&N
Trwt bonds. 6s, 1922
(J—
Ten-forty 68. 1924
M&N
60-year gold. 5s. 1937
Pensa. & Atl.— l8t,6s,gu,'21.F&A

M&N
107 •»
M&N
A&O «U3

gold. 58, 19J1
S. AN. Al. s. f. 68, 1910....
B.&». Al. Cimsol. 58. 1936. .F&A

Na8h.F.&8.1stgd. g.53,l9o7.F&A
X.'B7.N.A.&Chlo.— lst.68,1910.J&J
Con. mon. 68, 1916
A&O
Ind'ap. Dlv., 68 gold, 1911. .FjeA
BeattyvlileExt. istds, 1919.J&J
Loulsv.Bo.- I8t68,g. 5917. M.&S.
do
Extension, 68. ..J&J
Lo'lev.N.O.&Tex.- lst.4s, 1934M &8

2d mort.,

inc., 58,

M&S

lu34

LoulB.St.L.&r.— 1 8t 68,g.l917.F&A
Maine Cent.— Mori. 78, 1898. .J&J
Lxten. bonds, 68, g., 1900.. .A&O'
Cons. 78, 1912
A&O
'flloee nominal: no late IrauaaotluDs.
.

113

60
80

147
10 lis 103
126ia 128

1905
MAS
Nort'k&Peter8b.,2d,88, '93.J&.1
80. Side, Va., ext. 5-68
1900
do
2dM.,ext. 5-6s ...1900
do
3dM..68, '96-190O.J&J
V».ATenn.,4thM.,8s, 1900.J&J
do
extende<158,1900.J&.I
100-year mort. 58, 1990
J&J
North. Pac. Coast latOa
MAN
North Penn.- l8t,78, 1896. ...M&N
Gen. mort., 7a, 1903
J&J
M&S
Debenture 68, 1905

Debenture

I191*

93i«

100%

6.1,

1

11

68, 1900
Con. mort., 68, g., coup., 1900.J&J
Mort. bda., 5s, 1926, serlesA J&J
series B
do

Cons. M. 68., 1904
Con. mort, stg. 6s,

Union RR.— 1st,

117is

130%
126
124
ia5>«

110
991s

1904... J&J

109

6s, end. Cant.,'95

Pac— Gen.lst, 68, 1921.J&J 116ie
Gen. land gr., 2d. 6a, 1933.. .A&O HI
Gen. land gr., 3d, 6s. 1937...JAD 111%
Dividend scrip ext. 68, 1907.J&J IO8I4

North.

Pen D'Oretlle
68.

Dlv., 68, 19 19..

119
12L

110
110

J&J
g.,

126

95%

A&O

2d mort.,

114

102

102
102
123
loj

121
111

116%
iii%

M&S

M&N

1919

Riv. Val.— i8t,g.,6s,'36J&J
Spokane A Pal.,l8t 68, 1936.M&N

St.P.&Nor.Pac.gen.68,1923.F&A
Helena* Red Mt.l8t,6i, 1937 .M&8
Dul. & Man.. 1st, 6h, 1936. .J&J
Dak. Exr., Ist, s.f. 68, 1937.J&D
No.Pac.& Mon., l8t,6s. 1938. M&S
.

106is

118
100
107
106

107%
102%
109

108%
108%

IO8I4
112
Coeurd'Al.,lst,g., 68, 1916.M&S --.
do Gen. Istg., 68, 1938.. .A&O, lOJ
Cent.Wash'o, Ist g.69.1938.\I&S 104 if
111%
North. Pac.Ter. Co. -lst,68.'33.J&J
100%
N. W. Nor. Car. Ist 68. 1938. .A&O ,100
Norw'h &Wor.— Itt M.,6a.'97..M »8 ^ 1 12 114
Ogd.&L.Ch.— Cons., 68, 1920. A&O 103

HO

Income, 68, 1920
Ohio L & W.— 1st pfd.5a,l938..Q.>I

19% 20

S2'a
1st OS, 1938, reorg. oert
Q-J
53
2d 5s, 1938, rerog. oert
Q-J
60
Istaoc. int. cert
25
2d aoc. int. cert
1'8
Ind. Bl.&W.— 1st, pf.,78, 1900.
1 15 Ohio Mlsa.—Con8.,8.fd.78,'98 J&J
Cona. mort., 78, 1898
J&J 115%
2d oonsol. mort., 7a, 1911. ..A&O 122
113
lat.Springf. Dlv., 78, 1905..
lat gen . 5s, 1932
J&D e 97
Ohio & N. W.— 1st 68, 1936.... J&J

65
64
28

123
142
% 115%
&
107
115%
Nashua & Lowell-6a, g., '93. F&A
F&A {luvij 109
5s, 1900
M&N
Nash.Chat.&S.L.- lat,7a,1913.J&J iS^i* 133
115
99
2d mort.. 6s, 1901
J&J
75
Consolidated gold 5s. 1928. .A&O 10?i»
Ohio River RR.— Ist. 5s, 1936. J&D 100
Natchez Jack. & Col.— Ist, 68, 1912
Geo. gold, 5s, 1937
AAO »0
New Hiiven & L)erby-Con.5a,l918
Ohio Southern— lat 68, 1921 .JAD 103 109%
N.J. Junction, 1st, 48, 1986. .FAA 100 103
64
2d Income. 6a. 1921
N. J. & N.Y.-lst, 68, 1910. ..MAN 100
Gen. M. 48, 192 1
M&.V 61
63%
N. J. Southern— l8t, 6a, 1899. .JAJ 101
80
80
Old Colony— 6b, 1897
FAA 5113% 114
N. O. •& Gulf.— lat, 68, 1926. .MAN
68, 1895
J&D 5110 111
N. O. A Northeast. -Prior 1.6B.1915
118
78. 1894
M&S §112 112%
N. Y, A Can.-£ M., 6a, g., 1904.M&N !ll6
4%8, 1904
A&O 5lu7% 109
N.Y.C.& Hud.Riv.— Ext'dSe. MAN 1041a 104%
4%s, 1397
J&D }105 106
_
J&J ISO's 131
lat coup. 78, 1903
4s, 1938
J&J §10614 108
Debenture 58, 1884 1904. ..M&S lllifl
123
B. C. F. & N. B., 58, 1910 ..J&J 51141s 116
Sterllngmort., 68, g., 1903... J&J !l21
9ii8
94
N. Bedford RR., 78, 1894.. J&J 5H0
111
N.Y.Chlc.A St. L.— l8t.4s,1937. A&O
115
Omaha&St. L.— 1st, 4s, 1937. .J&J 76ii 76%
N. Y. Elevated.— Ist. 78, 1906.JAJ
„
34
Orange Belt— IstM., 38, 1907.. J&J
63
80
31
N. Y. &Greenw'dL.-l8tM.lno. 68
8
Oreg.&Cal.— I8t58, 1927
J&J el02 104
61*
2d mortgage Income, 68
Oreg.Ry.&Nav.— 1st 68, 19O0.J&J iOj^ 109%
127
N.Y.&Harlem— 78,coup.,1900.MAN 134I4 128
131>«
CjusoI. mort. 3s, 1923
103
J&D
N.Y. Laok.A W.— lst.68, 1921.JAJ
...F&A Ho 1X21S Oregon&Trausoont.— 6s,1922MA.N 107% 107%
2nd, 58, guar., 1923
Osw.&Kome— lstM.,78,1915.M&N 125
Western—
N. Y. Lake Erie &
M&N 119H 20 Ox.ACiari.— Ist, p.&l.gu. 68.M&.V
lat M., ext. 7a, 1897
1st intereat guar., 68 1937. .MjeN
2d mort. extended,58,1919.M&S Ho"* 116
Panama— aterl'gM., 7a. g. '97.A&0 el05 107
3d M. extended, 4 His, 1923.. M&S 108
Subsidy bonda, 68, 1910
116
MjiN elu3 los
4th M.,extended, 5s, 1920..A&0 114
Penn.RK.— Gen.M,68,op.,191o.JAJ 130 130%
5th M, extended, 48, 1928. J&D lo3
C0U8. M., 68,cp.,'05.J. 15 & D. 13
122%
Istcons. M.,78, (?.. 1920
M&S 133 136 >s
138
CoUateral trust, 4%s, 1913. .JAL>
103
let CODS, fund coup.,78,1920 M&S el'>4
Oonsol. 5s, cp., 1919
1 10
M&S 113
Reorganlzat'u 1st lieu, 6s, 1908
Equip. Tr. Is, serl !8 A
100
LoDg Dock mort., 7s, 1893 .J&D 1 10 llOis
Phuu. Co., 6s, coup., 1907..(i.— J 105%
con. g., 6s. 19J3 ..AAO 12JI4
do
110^
New 2d oons.Oa, 1969
J&D 100% 101 Is Penn. Co. l8t M.,4%8, 1921. .JAJ
Peuu.AN.Y.Can.— l8t.78,'96.J&D I16>t
Collateral Tr. 6s. 1922
M&N
Ist uiort.,78, 19J6
Funded couuou 58, 1969
JAD 87
J&D 1^8
|10«
Gold iacome bonds, 68, 1977 .... e 70
80
A&O
A RK. oonso.. 48. 1939
...«
85
N.Y. &L. Br'ch- I8t,5s, 1931. JAD Il2i4
Pa. P. & Boit.— Ist, 63, 1939 .J&J
N. Y. K. H. & H.lat r. 4s,1903.J&l> lOJij
pen<.& AtlanU o-lst.68,t92 1.F&A 107i«!lO3^
iPiuchaser also pays accrued interest.
([Ouu^un ^4.
eln Loudon.
t la 4u)8(er4a'9<
140
«106

•

.

tr.,

A West.-Gen., 68, 1931.M4N 120ifl
l8t6a, 1932
A&O 113^

NewRlver

Impr. & Exten., 68. 1934. ...F&A 110
AdJu.4tmont 78, 1924
Q.— M. 112
Ei|ulpmont, 58, 1908
Jtn 1*95%
99'^
Cliucli V. D., Jst 58, 1957.. ..M&S

. .

Pensaoola Dlv.,l8t,6s,1920..MvtS
tt. Louis Dlv.. Ist, Us, 1921 .M&S
do
2d., 38., 1980. M&S
aaah. &Dec., 1st 7s, 1900... J&j

Col.

Norf.

James

,

City

HH

Mo. Dlv.

117

57

2d m.,6s, 1902
F&A 5106% 107
'.i;.16s (scaled- 5p.o.tlU'92).FAA {l"4
N.Y.Pa.&0.-lst, lno.,aco.7s.l905 « 33i« "33%
do
prior llen.lnc.ac.,68,1895 el05
108
Dsferred Inr. Warrants
15%
t
Equip. Trust., 5s,1908
M&N e 97 99
4
6
2d mort. Inc., 5s. 1910
e
8
Sdmort. Inc., 58, 1915
«
2
N.Y. Phil. & Nor.— Ist, 1923 ..J&J 109
A&O
"ii"
Income 68, 1933
N. Y., Prov. * Boston 78, 1899. J&J
N.Y.Susq. & W.-Deb. 68, '97.F&A
l8t refund., 58,1937
J&J 07H 97%
80
F&A 73
2d mort., 4isa, 1937
MidI'dof N. J.-lst,68,1910.A*O 113
N.Y.Tex.&Mex-l8t48, lOl^.AAOe
Newb'g D.itcn.& Coau.— luoB.1977 ....

100

1

111~

66»8

111

Consol. 58, g., 1939
97«;
JAD 97
N. Y. * N. Eng.— 1st, 78, 1905.J&J 5125
12&>i
lat M., 6a, 1905
J&J }115% 116

J.OU

M&3
Trust, eokl, os, 1917
Pac.of Mo.,lstex.g.48,1938.F&A
2d

75%

6411
63
11538 115 >«

M&N
M&N

1906

76
93

65 1»
85
98

51

ABk.

110

UOis Northern Cent.— 4isa, 1925. .A&O 1U3

9U% 100

Mlan'p. A Pac, 1st, 58, 1936. .JAJ
Minn.S.Ste. M. & Atl.-l8t,5s,1926
Mo. Kan. & Texas, new 48. cert.Consolid^t'd 68,1920. Pr.reo. J&D
Consolidated 5a,1920Tr.reo. J&D
ConKOlidated 78, 1904-5-6..F&A
1st, 6s. g., 1899. (U. P. S. Br.)J&J
Han. & C. Mo., Ist 78, g.,'90.M&N
Mo. Pac—Consol. 68, 1920...

9ci
Utohf. Car.& West, Istg. 69.'16J&J
li. Miami— Renewal 58.1912. .M&N
114
li. Rock & Ft.S.— Ist, 78. 1905..J&J siooie ibo la
71
little R.& Mem.-l8t,58,1937.M&3
70
Long Island— l8tM.. 7s, 1898.M&N 12U^
Gen mort., 48, 1938...
MAS
let oonsol. 5s, 1931
Q— 117
1st preferred debentures
Gen. M. 48, 1938
97
J&D
2d pri-f. debentures
N. Y. &R'y B'ch, st g.58,1927.M&8 ibo"
St. L.& Cairo— 4s, guar.. 1931.J&J
2d mort. Inc., 1927
8
Morg'n's La.&Tex.,l8t,68,1920J&J
H.Y.& Man. Beach. l8t78,'97,J&J
Ist mort., 78, 1918
A&O
N. Y. B. & M. B..Ut con. 58, 1935
Morris & Essex— lat, 7a, 1914 M&N
Brook. A Mon., Ist 6s, 19 11. F&A
F&A
2d mort, 78, 1891
l8t 5s, 1911
M&8
Conv. bonds, 78, 1900
J&J
2d, 58, 1938
J&D
General mort., 78, 1901
A&O
8mith.& Pt.Jeff.,l8t.7B,1901M&8
J&D
Conaol. mort., 7a, 1915

«,. lel.

Bid.

N.Y. A NortU.-lst g.5e,192r.AAO
2d gold IH. 1927
N. Y.Ont.A W.-l«t.g., 68, 19UMA4

Ext. & Imp. 8. f. g. 58, 1929. .FAA 100^
Northea8t.,8.C.— lat M.,88,'99,M.tS
J&J 116
Mich. Dlv., Ist, 6s, 1924
M&S'
2d mort.. 8s. 1899
Ashland Div., Ist 69, 1925. .MAS US'* lUi«
Consol. gold, 68, 1933. .......J&J
.MAN 103hi
Incomes, 6a, 1911
ioT' Northern, Cal.— lat, 6a, 1907. .J&J
P.E. &Gr. Tr'k, lat, guar.. 6a.
St.
Concol. 58, 1938
A&O
Mil. A No.— Ist, 68, 1910.... JAD ill'

&De
&

Kan.C.M.&B.-l8t,

127

Det, AB. C, lat 8.s, in 'S
Air Line, lat M., 88, 1890. ..MAN {ibo
98
Midd. Un. A Wat.Oap— l«t,58,1911
79
2d 5a. quar. N. Y. 8. & W., 1396.
Mll.L.Sh.&We8t.— l8t68,1921.MAN I2314

left.

Kanawha & O.— 1st

MAN
MAN

Consol.. 78, 1902
Consol. 59, 1902

Railroad Bonds.

ABk.

M»lne Central- -(Continued) —

.

THE CHROMICLR

652

[Vol.

L-

GENERAL QUOTATIONS OF STOCKS AND BONDS— CoNTiNaao.
For Bxplanatlona
Bailkoad Bonds.
Peo. Dec.

& Ev.— 1st.

68,

Bid.

1920

MAN

2(lniortB»Re. .5b, 1926
Evaii8\ine Dlv.,]8t 68,1920.McS!H

PeklL

J»eo.<8t

2d mort

.

Ur

1

MAN

1921
eer. 5b,

1918

1

67

A&O
J&D
certs. 48, 1922
Trust
M&N
Pied. & Cumb.— l8t, 68, 1911. F&A
Pine Creek- 68, 1932
J&D
Pltt8b.C.& St.I...— Ist, 7s. 1900.F& A
1900
1910

Plttsb.Cl.&Tol.— l8t,6B, 1922.A&0
Plttsb.&Con'Usv.— l8tM.7s,'98.J&J
Bterllng cons. M. 6s, g., guar. J&J
Plttsb.Ft.W. &C.-let,7s,1912 Var
2d mort., 7s, 1912
J&J
8dmort.,78,1912
A&O
Plttsb. June, let 68, 1922
J&J
Httsb. &l.!ilieE.-2d,5s, 1928....
Plttsb.

1

115
el^O

144i«

118

IIOI4

132 >s

105
102
8478
6778

48
'45

& West.— Isi,

120
113
liS^j

131
142
120

5

98
<*0i«

107
—
112
Portl-nd&Ogb'g— lst6s,g.,1900J&J Jl 16
PortEoyal&Aug.— lBt,68,'99.J&J 106

Incomemort.,

6s,

1899

J&J

Prov.& Worces.— l8tfe,1897.A*0
E»lelgh & Gaston— 88, 18^8.,. J&J
Ben.&S'toga— 18178,1921 oou.M&N
Klch. &Dnnv.-Con., 6s,1890.M&N
General mort., 6s, 1915
J&J
Debenture, 68, 1927
A&O
Con. mort. guld, 6s, 1936... A&C>
Eyulp. M. 6. f. 5s, 1909
M&S

104

119

1*9
102
116>s'll7

102
87
85
109

M&N

19C0

104 %
98

5

Blob. & l-etcrsb., 68, 1916. ...M&N
Blob. York R. * VYies., lat 88, 1 894
6a,

117

1*9514

PortB.Gt.F.&Cin.-4>sfl,l9.'}7.J&D
Pres. &A1IZ.C.— l8tg.68,1916.J&J
2dinc. bs, 1916
J&J

2dmort.,

81>3

M&N

& Ash.-

1^*3

Eloh. & West Pt.Ter., <!s, 1897. F&A
Con. col. trust. 1st, Ss, 1914 MAS

87 >»
88

110
105

99
79

79 i*
731,
''3
IlloGraLdeWist.,38t4s,1939 J&J
90
Xtome & CarroUt.— l8t, 6s. g., 1916
BomeWat'n&o.— S.P.,7s,1891.J&D
2d mort., 7s, 1892
J&J
Consol., extended 5e, 1922. A&O 108k lOf ^
Bntlanu— Ist M., 68, 1902. ...MAN 1107^ 111
Equipment, 2d 58. Ip98
F&A 5
t.Jo. & Gr. Isl'd— lst,guar.68,1925. 105
108>s
50
4^
Sd mort.. Incomes, 5s, 1925
85
t6
Kan. C. &0m. let 5s, 1927. .J&J
Bt.L.Alt.&T.H.— l8t M., 78, '94. J&J HI
IO9I4
2d mort., pref., 78,1894
F&A
Sdlncome, 7s, 1894
M&N 107
SO
Div. bonds, 1894

H4

BeUev.&8.IU.,l8t,8.F.8s,'96.A&0
Bellev.A Ciir.. lat 68, 1923. .J&D '05
Ch.St.l/.* Pad.,l8t,g., Be, 1917.. 100
81
Bt. L. Siuib., Isr, 48, 1H31..M&8
do 2d, income .^B, 1931 ..M&S 44
Carb. &8bMW.,!6tg.4s,1932.M&S
80
Bt.L.Ark.& Tex. IstTrUbt Keeeipts

2d mort..
Bt.

L.&Cblc— ]8tcon.H8,1927.J&J
& Iron Mt.— l8t,78,'92..F&A

Bt. L.

8d mort.,

78, g.,

83

10458 "105"
lob^a IU9I4
107!>8 106 38

M&N

1897

101

89%
23% 24

F&A

68, 1!<36

Ark. Br. 1. gr.,M., 7b, g., '95.J&D
CRiro& Ful.,lst,l.g.,78,g.,'91.J&J lol
106
Cairo Ark. &T.,lsi,7s,g.,'97.J&D
Gen. con. r'y &1. g., 58,1931A&Oi S»H
Bt.L.&S.Fr.— 2d6a,cl.A.iy06.M&Nl 113
2d M., 68, class B, 1906
M&N 113»s
2d M., t s, claflB C, 1906
M&N 113

letm. Mo. AW. 68, 1919 ...F&a'cUO
Equipment 78. 1895
J&D lolls
General mort.. 68, 1931
General iiiort.,58, 1931

Bt.L.K.&8<i.W. -1st 68.

ivio

J&J 111
J&J

let trust, g.,58, 1987
A&O
Kan. 0. & »w.. l8t,b8.g.,191ti..J&J 90
yt.S.A V.B.Bd.,]st,6s, 1910.A&O 101

1916M&8

Kansas Mid.— l8t, 4», 1937. J&D
Salem & AikaLSas- 6s.

Bt. Louis
61. L. W.

9<i

9a
t

96

& W., 68, 1919
M&S tioa»4
117
Bt.I..Vand.&T.H.-lstM.,78,'97.J&J 114

M&N 107
M&N 109
It 9
ad nrort., 6s, 1917
A&O 102i«
Bt.P.Minn.A Man.— 1st 78,1909 J&J 112%
2d 68, 1909
A&O 117
Dak. Ext., 68. 1910
M&N 120
2d mort.,

78,

1898

Sd,78, guar., 1898

& Dolutb- Ist, 58, 1931. F&A

Bt. P.

l8t concol. 68, 1933
J&J
Itt coiifol., reduced to 4i«8..J&J

Eaet'u,MiLn.,lRt,K..5s.l90M.AAO 100
BanAnt.&.A.Pa88.,l8t.«8,1916.J&J
8.-5

^

*

Ist.«-B.HI26.J&J

Price nonunal.

i

12:4

117
10l>4

Montana Eii.. let, 4s, 1937. J&l)
Mlnn'8 U'u, iBt, 6s, 1922
J&J 114
Montana Cent.— lat. bs,1937J&J 116

SUJk

Bid.

99
8anF.AN.P.-l8t,SR,g.,1919...J*J
Sundusky Manaf.&N.— 1st, 7s,1909 5117
lav. Fl. & W.— Ist, 68, 1934. .A&O JHO

Bailboad Bonds.

Aek.

101
120
112
113
At. & Gulf, con. 78, 1897 .... J&J llOH
120
80. Ga. &Fla.— let,7s,l899.M&N 116
2d. 78,1899
M&N 110 114
Sclot.V.&N.E -l8t.g.,48,1989.M&N
Seaboard &Roan.—68, 1916.. F&A
J&J
58, coup., 1926

Bid.

Wheellng&

L. Erie— let.Ss,... 1926 102>s
Wheel. Div., let, 6s, 1928 ...J&J e 99
Exteus and Imp. 5s, 1930..F.ti:A
Wilm. Col.
Aug., 68, 1910 ..J&D 119

Wilm.

A
A No.— 1st. 58,

HTUnjiDgton

1907-27. JAD

Ask.

104%
101

106

AWeldon

117
58, 1935
J&J
1121a
Winona&S. W.— l8t,63.g.,l 928.AAO
92I3 Wlscpn. Cent.Co.— letS8l937.J&J 100%
S 90
105
59% 60 le
Incomes, non-cum., oe, 1937
8ham.V.& Potts.-78,cou. 1901J&J 123
^TC. Nash. & R.— 5s, •93-'95. Var. §103 105
104
123
•iaenan. Val. 1st. 7s, Tr. rec.J&J 122
Nash. A Booh., guar., 5s.'94.A AO J 103
General M., 68.1921 Tr. rec.A&O
53% 55
Incomes, 6e, 1923
20
RAII.ROAD STOCKS. Par.
ahreve. & Hous.— lat. 68, gu., 1914
10
II
65
Ala. Gt. South.— A., 6s, pref.,.*10
4
5
lodas Bay& So.— lBt,5s,g.,1924J&J
98>8
JJIO
B, common
46'
ZI4
2
9o. Cen. (N.Y.)— Consol. mort., 58
Ala. N. O. & Pac, &c. A, pref.flO
9o. Carollna^l8tM.,68,1920..A&O
H
97
B, def £10
do
do
Do
Ex April, '89 coup. A&O 98^ 991s Alaba u a & Vicksburg
30
371a
170
50
2d mort., 68, 1931
....
..100 160
J&J
Albany A Snsqueh., Guar., 7.
Income 68, 1931
9
37% 38
8
Atchison Topeka & Santa Fe..l00
3o. Pac.Ariz.— 181,68,1909-10. J&J loo's
HO
93
Atlanta & Charlotte Air Line ..100
30 P»o.Cal.-lst,6s,g.,1905-12A&O lliss
100 107 110
Atlanta & West Point
Gifi
6;*
let con. g, 5s, 1938
A&O, 100
100
Atlantic & Paclflc
So. Pac. Coast— Ibt gu., g., 48, 1937
Augusta A Savannah, leased . .100 140 145
99%
M.— I8t, 68, 1911 .J&J 107
So. Pac. N.
100 98
Baltimore A Ohio
Spok.Falls&N.- let6a,g.,1939.J&J 5I'
00
do
l8tpref.,6....1O0 126
.State L. &8ul.-l8t68, 1899...J&J J 1 08 112
100 115
2d, pref
do
Slat. Isi. R.Tr.—lst68,K..1913.A&0 114
115
100 105
BeUeviUe A So. lU., pref
2d mort guar. Ss, g., 1926 ..J&J
100 217 217%
Boston A Albany
Steuben. & Ind., Ist 5s, 1914. .J&J 108
100 137 138
Boston Con. & Mont., pref
8anb.Haz.AW-B.— l8t,58,1928M&N
100 174 174%
103H Boston A Lowell
2d mort., 68, 1938, reg
100 231 232
M&N
981s Boston A Maine
Snnb. &Lewi8town, Ts, 1896.. J&J iia^
Boston A N. Y. Air-Line, pref ..100 103
Suep. B. & Erie June— Ist 78, 1900 }111
100 259 260
Boston A Providence
Sy r. Bing. AN. Y.—con8ol.7B.'06 A &0 laO"!)
Boston Revere BeachA Lynn. .100 150 155
41
TerreH & Ind.— let, 7s, 1893 A&O 106
100 38
Brooklyn Elevated
Cuneol. mcirt., 58, 1925
100
J*J 103»«
27 Is
BuUalo Rochester A Plttsb
86
Terre H. & Log'pt.— lst,gu.,6s J&J
100 80
99
pref
do
35
Ist and 2d, 6s, 1913
J&J 98
Burlington C. BapidsA North. .100
28
47 ig
Tex. Cent.-lst,8k.fd.,7s,1909M&N
100
California Pacitlc
10
17%
let mort., 7s, 1911
100
M&N 461s
California Southern.,
17
Texas & New Orleans— lBt,78. F&A
50
Camden & Atlantic
Sabine Div., Ist, 6s. 1912. ..M&S 105
50
do
do
Pref
T«. & P. -East.D.lst 6s,1905.M&8 107% 1081s Canada Southern
100 54% 55
92i« Canadian Paciflo
74%
let gold. 6s, 2t00
100 74
J&D 92
2d gold inc.,5e, i^OOO
Mch 3 9, 38
50
Catawisea
8
Third Avenue let 5s. 193V
50
J&J 113 114
do
let pref
57
Tol. A. A.&Cad.— lst,6s,1917.M&^ IOJI4 101
50
do
2dpref
ft
rol. A. A.* Gr.T.— 1st ,68,1921 .J&J
108 1« 110
100
Cedar Falls & Minnesota
3
126
A. A.&M.P.— lat, 68,1916. M&S
Tol.
100 123
Central of Georgia
r.)i.A.Ar.&N.-M.— l8t,68,1924.M&N 10634
100
16% 17
Central Massachusetts
38%
Tol. &ObtoCeut.— l8t, ,58, gu.l93f. 103% 104
pref... 100
do
38
Tol. A O. C. Ext.-lBt, 58, g., 1938.
90
100 119%
Central of New Jersey
52
Marietta Min., 1st, 6s, g., 1915..
93 100
50 50
Central Ohio
78I4
Tol.PeoriBAW.— lst.48,1917....J&J
78
50 55
do
Pref
31%
Tol St.L.&K.C.,l8t,6s,1916...J&D
100 31
97
Central Pacific
United Co'eN.J- Gen.6s.l908.M&S
50
Central of So. Car
57
gen. 48, 1923
do
F&A si07i«
100
20
Charlotte Col. & Aug
do
gen. 4a, 1929
MAS 5107 108 Chesap'ke A Ohio Vot. Tr. cert. 1 00 22% 23%
60%
sterling do
68,1894
60
M&S ao6 108
do 1st pref. 100
do
41
do
6s, 1901
M&S ell8 120
do
do 2d pref. 100 39
Union Pacilic—
100 110 110%
Cheshire, pref
1st, 68, g. 1896
100 130 134
J&J 111 Ob
Chicago A Alton
let, 68. 1897
100
pref
J&J I1314 1131*
do
7'
8%
1st, 6s, 1»98
J&J II514 116% Chic & Atlantic, Benef. Trust reets,
40%
1st, 6s, 1«99
40
J&J iiek 118
Chicago Burlington & North.. 100
Sink. F., 88, 1893
M&S 11218
Chicago Burlington A Quluoy..lOO lOi 105%
36%
Cm. Bridge, sterl.88,g.,'96.A&0 ell2 118
100 36
Chicago & East. Illinois
Collateral trust, 6s, 1908
pref
100
8t% 85%
J&J 1071s
do
Collateral trust, 5a, 1907
68% b8o»
J&D 98
Chicago Milwaukee & St. Paul.lOo
UJ%
Collateral trust ms, 918. -M&N
pref., 7.100 113
85
do
881s
Kans. Pac, 1st, 68, 1895
100 111
F&A 110i«
Chicago & North Weetem
IIII3
do l8t M.. 68, 1896
Pref., 7.. 100 141% i42%
J&D
do
100 90 H 90%
do Den. Ext., 6a,lS-99.M&N II4IS
Chicago Rock Island & Fao
100
15% 16%
do let cons. M.,68,1919M&N 116 117i» Chic. St. Louis & Pitts
50
Cen.Br.U.P— A.&P.P.6s,'95M&N lOeifl
pref
100
48
do
33
Fund, coupon 7s, 1895 ...M&N 105
32
Chic. St. P. Minn. A Cm., com. .100
9II4
A toh.CoI. & P.,l6t,6s,19056.—
95
pref.. 100
91
do
36%
At.J.Co.& W..l8t,«s.l905.Q,—
100 36
92's Chicago A West Michigan
U. P. Lin. A C, 1 et.g.,5s'18A&0
Cin. Hamilton A Davton
100 104 108%
991s lol
77%
Oregon 8h< rt-L. & U. N. Conaol
92% 927t Cinciuuati N. O. & Tex. Pac. ...100 74
Oregon 8bort-L., 68. 1922 .. F&A 114 115
Cln. Sandusky & Cleveland
50 126% 26%
Utab So., gen., 78. 1909
1
Cincinnaii & Springtield
50
J&J 113
do Ext,lat,78,1909J&J 1121s 115
2%
Cln. Wash. & Bait. Trust rec... 100
Utah ANor.— let M.78,1908.JAJ
pref.. 100
4% 5%
do
Gold 5s, 1926
J&J UO
Cleveland Akron & Col
100 t 31%
S%
Ucina ABl'k R.— Mort.,78."91.J&.l 5101
9
100
Cleveland & Canton
Valley of Obio— Con. 6e, 1921. M&S
105
Pref.. 100
23% 24
do
do
72%
Ver. & MaBB.— Guar. .58, 1903 M&A 510714 107% Cleve. Cin. Chic. & St. L
100 72
VickBb. 8h. & Pac. -Prior lien, 6i>. el 10
pref
112
luO 98% 99
do
do
Virginia .vlld -Ist 8er,6s,1906.M&8
120
50 157
Clev. & Pittsburgh, guar., 7
30
aa series, 68, 1911
M&S il5" II6I2 Columbia A Greenville,ptei....lOO 22
,
22%
3d series, 68, 1916
1^8% Col. Hock. Val. A Tol...
100 21
M&H
4tli series, 3-4-5a, 1921
50
1»% 20
M&S 75
Col. Spiingf. & Cin
Stbaeriea, 5s, 1926
50 180 200
MAS 9>^^ lul Columbus A Xenia, guar., 8
152
General 5s, 1936
50 loO
M&N 85 861s Concord A Montreal
rto
guarani eel, stamped
OH
bv
Concord A Port9mouth,guar.,7 100 140 150
Wabash- let gold 5s, 1939. ..MAN 101% 1041a Connecticut & Passuiupsic
iOO llSij 11»
2dgi.ld5s, 1939
100 221 223
F&A 811s 61% Connecticut River
46
44
Dib. uiort series A, 1939... J AJ
100
Consol. of Vermont, pref
30
Deb. mort., eei lea B. 1939. ..J&J
49 14 50. Current River
loO
St.L.K.C.&N. (r.eat.A R.),7s.M&S IU912
319. .50
76
Dayton & MicMgan, guar.,
do St. Cha's Bridge 6s, 1908
110
do
Prel., guar., 8.50 174% 176
175
do No. Mo., lat, 1895...J&.1 11638
100
Delaware A Bound Brook
Warren (N.J.)— 2d, 78, 1900 ..A&O
IOC 152% 152%
DelawareA Hudson
West Chester— Con. 7», 1891.. A&O 102 is
138% 1383b
50
Delaware Lack. A Western
14
11
W. Jersey & At. 1st aM.,6s1910M&8 106
100
Uelaware A Now England
16%
16
West Jersey -Ist, 6s, 1896
100
J&J Its 113
Denv. & Kio Gr.
49
48
let mort., 7s, 1899
pref. 100
do
A&O laO
do
West Shore— Guar. 4s, 2361. J&J 10538 105% Den.Tex.& Ft.W ,6tmp.assent,-100
3;;% 33
WestVa C.&Pitt8.—let,0s, 1911 J&J lOa 10 a
100
5
6%
DesM. A Ft. Dodge
25
West'n Ala.— 2d, 8s, guar.'90.A&O 100
18
Prei........ 100
do
do
West.Maryl'd— 3d en.,6s, 1900.J&J
11978' Detroit ^ay City & Alpena. ...100
8t
West. N.Y.&Penn—lst.5B. 1937 J&J
9fi« 9.^14 Uet. Hills. & South west
100
•,id ra., 38 g.— 5e se. 1927... A&O
2C
loo
36is 0714' Dot. Lao. & Northern.
Warren &FraLk., lst,7s,'96F&A 108
35
Pref
lOo
25
do
do
W'nNo.Carolina-l8t,78,lS90.M&N 100
100
Duluth So.ShoreAAtl
6% 6
Consol. 6s, 1914
21
Pref.. .100
IS
do
96
do
J&J 94
West'nPenn.— let M., 6s, '93. .A&O 103 105
8%
100
Eaet Tenn. Va. AGa. By
83b
Pitts. Br., 1st M., 68, '96
1st pref
111
100 72% 74
do do
J&J
22e?
GoM 4s. '28
do ^dpref
100
22
J&D lOOia
do
Sinking Fund 78,

g.,

1896.. ..J&J

.

.

McK.& Y.— lBt,6s,l932.J&J 115

Y.

of Flrat Paye of Qaotatloos.

.

142ia

48. 1917. J&J
l8t,58, 1927.
Ashtahula&Pitts. 1st 68. 1908.

Plttsb.

1«

cHO

Head

103
106
1C6
130
3eat.I..8.& E.— lst,gold,68,'31.F&A
113 1< 1ham.8un.&Lew.— li>t,5s,'12M&N

5IO8H1 110
109 14
5119

Pltte.Pain.&F.— l8t,g.,c8,l916J&J
Pitts.

71

Q-J 102

2d8eile8 .58.1918
Q.— J elOO
PeterebiirK -Class A, 68, 1926. J&J
A<tO
C3a«»B,6B, 1926
PUla.cS? E.-Gen.guar.,68,g.,'20.J&J el28
General 5b, 191!0
A&O
General 4e, 1920
A&O IfO
Bunb. AlSiie— l8t, 78, 1897..A&0 life's
Phila. & Read'g— l8t, 68, 1910.JcS!j 122
A&O 10»^
2d, 78,1893
Con8ol.M.,78.1911,reg.&op.J&r 131^
J&T liiO>«
Conaol. mort., 6s, 1911
Improvement mort., 68, '97. A&O elU3
Cons. 58, l8t8erleB,1922....M&N elO!78
•-..
Deferred income 6s
Kew gen. mort., J8, 1958. ...J&J 84H
67
letpref. inc.'is, gold, 1958. ...F
2dpref. Inc., 58, gold, 1958... .F 47
Sdpref. Inc., 58, >!Old, 1958. ...F
8d pref., Inc., hB, convertible.. .F 40
PhUa.Wll. ABalt.—68, 1892. .A&O 5
68,
Ss,

70
105

-1 Bt,68,1921.Q-F

.

4i«e,

Perklomen— l8t

109

Notes at

Railboad Bonds

Ask.

107
68

JA.7

!«ee

8s<%

8712

tnrcbaser also pAysaocrued

.

1

,

Interest,

e

In London

||

CouponoS. » Prloa per share.

I

Tn Amsterdam.

,

April

TBDE CHRONICLE.

19, 1880.]

aaND3RA.L Q[JOTA.Tia-VS

0\P

SrojiCS

553

AlW BOXDS—GosTiNUBD.

Por BTPlfcnatlon« ^ee Note* nt Hwn< or Plr«t Pa-te or Qaotatlon*.
BAiLROAD STOCKS.

Bid.

Ask.

HlSOEUANEOUS.

OoahaASt. L

Bid.

Ask.

HlSOBLLAIIBOUS.

A F.

Bid.

Ask.

HlSOBLLAHEOUS.

Bid.

Ask.

am

95
96
Suffiir R<'llnerl<8' Oo..
64 s^
16U>4 169^ Om.&St. L., pref.. 100
'lairkODs'k Wat. Ist, Sb 104
TELi':<;itAPH.
117
\iH
Oreg. K'y A N-.V 100 lOm lOlHi Hend'n Brldge68,133t 109%
liAnit-ricau IJl»lrlct.lO0
109 1< 110
48»» 47i« Iron Steamboat i-o. 6s
80
Or. i.!.. A Utah N.I 00
lAiuer. Tel. A (Jable. lOO'x 85
87
15
3 7 >• 37 '9 La>.ledeGas,8t.LI>.t^s
14
iregon Trau8-( ;ont 100
81% 82i«. Cent. A So. Am. Cable! .. 160 49
Pennsylvania RR. .50 » 63''e 54
121>4 I25i4i!0omiiier ICableColOO 101 ij i02ir
Market8t.Cable«8,'13
45'«
70 ...
Penn. A Northwest. 50
71
Frankllu
MHXw'llL.G.priorl.,68
70
100
25
85
219
4
117 11
Peosaoola A Atlan.lOO
Gold A Stook
Income.
lool
21% Vfut. Un.Tel.,68, MAN 102 103 1« .Mexican
Fttohburjf, Pref ...100
bO% 91
21
^eorla Deo. A Ev..lOO
lOO; 200
210
Flint & Pere Marq. i OO
67
33
100 65
Petersburg
New tng. Tel. 68.180.* 104% 1051b Norihwent. Kmr....ft0 80
33
do
9819 100
24
Pacllln A Atlantic
65"
=»hlla. AErle
50* 32
prpf .inr
N. O. Pac. laud grants
68
»1 30
133
Fla.Cen.& Peu.V.T.Cer
Phil. Germ. A Nor.. 50
PoHtal Tel. A Cable...
V.iV.Tel. 78,1904 JAJ 102 >«
28
3»
iO^ 41
do 1st pref.cum. 100
Phlla. A Read. cert-.W
South'n A Atlantic. 25
Or. Tmp.,let. 6s. 1910 104°8 105
80
Piiila. A Trent. in.. 100 »230
Western Union
do2di)f.n"n-rum.lOO
82*4
Comol58,1939AAO 90
100 82
83ij 64
Georgia Piielllc...lO(i
PMIa. WIlm.A Balt.50
Ocean 88.C0., Ist guar.
Ga.RK.i.feB'liKCo.100
19
Itts. Cln. A 8t. L..50
Pa. Steel, Ist. bs. 1917 103
100 216 217
103>a American Bell
Gr. RaiildsA Ind .100
Pitts. A ConneU'e..60
Erie
People's G. A. C. Chic.
100 40
40 >•
Gt. North. By. pref..
153
Pltt8.Ft.W.AC.,guar.7 151
Hudson River,
Ut, OS, 1904, MAN.
39
43
Gr.B. W.ASt. P...100
105
9H>«
2il. 6s
Mexican
Pitts. Junot..tfrm'1.50 «100
10 l-.iOo 103o
do
Pref... 100
Pitts.Va. A Chi.ries.SO
Phila.Co. l8t.68,18S8 106 >«
N. Y. A Now Jersey.
90
92
Har.Por.Mt.J.&L..50
24
29
Pitts. A Western.. .50
Puughk'sleB'go, 1 st,6s.
8U
Sew England
100
49% 40i«
34
36
Housatoiiic pref
Pref...'i0
do
Tropical
10
9t. I-. Bridge A Tun—
750,
8O0.
Hous. & Tex. Cent. KiO
137
Pltt8.Toung8.AAsh. 50
Ist, 78, g, 19 28. A AO el32
ELECTRIC
HttntlDR. ABr.Top.SO
pref
do
50
S.ifq. Gobi, as. 191
LIGHT, d^c.
iSOis Tenu.C.Al.— T'nnD.68
do
130
96
97
Brush, Bait
Port.Saoo APorts.lsd
100
Pref.50
30
12i«
minoia Central... IOC
BIr. Dlv. 1st, 6s, 1917
99
99% Brush F.leo. Light. ..50
P.>rt Royal A Augusta
do leased l.,4p.c 100
153
Brush lUumiuut'g 100
PLirt«.Gt.F.A Cou.lOo 151
Union Tdegr mh ..
W.
Iowa Central
185
Consolidated
Ksns. A Saratoga. 100 170
I)i',l).7s,'75-1HU0MAN 1161a
loo
100
65
65
do
20
Edison (kn. Elec.lOC 101% 102
D.!b.78,'84-1900MAN 115
Pref. 100
Rich. A AUeg., cert
Jeft.M.&lnd.,l'd.loo
99 •« IOOI4 E lisou Trust
Rich. F. A P., com. 100
--.
Col. Tr.,5s, 1'138.JAJ
80
82>».
Kanawha & Ohio
Edison Illuminat..lO0 x75
Whiteb'st Fuel- O., 6b
Rlohmoud A P'b'g.lOO 101 108
80
Ft Wayne Elec.0.>..25
RIoh.AW. P.Ter..lOO 21% 21»8 iWyo. Val. Coal Ist 68. 100
ist pref.
14% 16
„ do
80
Jullen Electric Co....
Kan.C.Ft.e.&viem.lOoi: 68
do Pref ...100 78 "s
tllSO>ijt.ANEOCS
Kan.C.Ft.8.&G.pf.l00 ISo"*
Do Traction Co ..
Rlohmoud York R.AC. 95 loo
STOCKS.
4%
Kan.U.Meiu.A hlr.liO
44
40
'"
Spanish-Amer. L. A P.
18^ IS^) Amer. Bank Note Co.. 42
Rio Grande West. .100
59"
il'* 44 'si Aspiuwail Land
Kan.C.CruiSp'd.loO
8
8^ Thoai.H. Eleo.Co...25 58
10
do
pref. 100
Kan. City & Omaha..
do
6% 6%
pref. .25
Boston Land
10
25% 2fr
Rome W. A Ogd... 100 108 110
Kent uoky O. iit. ... 1 00
618
Ta 8 Boston Water Power.
6%
do T.SeoSer.C.lO
16% 17
Ritland
100
Keokuk & Dos M..1(jO
4=8
4%
do
do Ser.D
72% 74 Brookllne (Mass.)L'd5
Pref., 7.. 100
do
7% 8
28I4 281a Thom.-H. InteroatlOO
do
10
pref.. 100
Brunswick Co
St. Jos.AG'd fslUlOO
Keokuk 4 West'n .100
7'*
103
pref.. 100
t
do
Cambria Iron
50
St. Louis A Cairo
50^ Them. Welding Co.lOO 240 250
Klngst'n&Pembr'keSO
45
39
Canton Co. (Bait.). 100
S .LoulsAlt.AT.H.lOO
utkeErle & W....100
47 14
do Europ.W.Co.lCO 116 117
120
do
Pref.lOO 110
Chatters Val.Gas.lOO
do
U.S. Electric Co.. 100
35
2\
Pref. 100
Ooi). K,-in. C.S. & B..25
4»
L. Ark.A TexaslOO
, „^
I>.8h. &Mlch.8o..lOOi i>"-«
18ii Contlnent'l C .n.Alrap.
U. 8. Illuiulnat.Co.lOO
45
5517
Louis A San Fr. 100
l*lilgh Valley
50i» Sl'^e
Westinglioiise El. L.50
19
18
ex-divideud.
42% 44
do Pref.... 100 37
do
lilttlo Miami...... 50 160H
10
5
CO'S
Cov.ACIn.Brldge.lOO
do Istpref.lOO 88»a 90
Uttle Roek AFt.8
Am. Loan A Trust.lOO 115 118
2u0
5
pref.. 190
do
St. L.Van. Al'.H
IJttle Sohu'k'l
100 400
3% 3% Atlantic
50 «
8:. PaulADuluth.lOO
East Boaton Land,
5i«
I<oug Island
5>4 Brooklyn Trust ...100 4.0
Pref.lOO
Bay Ld.
Frenchman's
do
50
I<ou. Evaus.&St. L.100
Central
100 1050
112
8i,.P..Miiin. AMan.lOO 111
Haekensauk V^ter, 25 100
do.
Farmers' Loan A Tr.25 700
Pref.lOO
pre'., 25 100
do
Scioto Val. AN. E.. 100
Lonlsv. & Na9hy..l00
Franklin
100 20 ^
Henderson Bridge Co. 108 110
Seab'dA RoauokelOO
Holland
100 220
Loul8v.N.A..vClilc.l00
92
91
100
lUiuols Steel
100
Smth Carolina
Louis. 8t L.ATex.lOO
Knickerbocker
100 16S
80
Iron Steamboat. ..100
Southern Pac. Co . 100 35 "a 36
Ix)ui8vllle South-n loO
Long Island
100 180
135 Joliel Steel
IOO
9'west.,Oa.,g'd, 7.100 131
Mahoning Coal RR.50
411 .Manhattan
30 125
0^ 7 Keeley Motor
iumniit Branch. Pa. ,"50
do
.Mercantile
...10 J 270
Pref 50
51s
Mauh'tt'n B'ch Co. 100
Sunb'ry A Lewist'u.' » 56
Ualne Central
Metropolitan. .. ..100 •247%
2
9
90
Maverick Laud.... 10
loo
Torre H. A Ind'nap.SO
Man. & Law'ce
100 153 lUO
l»°e 19% .Maxwell Land Grant.
9 a .Vas.sau
9
100 ^16
Texas APaclllo...lOO
Manhattan, con... 100 107
N. Y. Life A Trust.lOO 698
19
17
37 >« 38
Mex. Nat. onstiiict'n
rol. Ann Arhor A N.M
Marq. H. &Ont...l00
70
50c. I25c. N. Y.Security A Tr. 100 178
60
Mt. De8. AE.S.Laud.5.
rol. A Ohio Cent'l.lOO
"8
Peoples', Brooklyn
79
175
Pref.. 100
Pref.lOO
N.E.Mtg.Seeur.lBost.,
do
801a
„ do
54" State
Msssawlppi
IOO 133 195
60
16 >« 16% Kf. Y. Loan A (rapi't...
100
Tol. Peor. A West. lOi)
Memph.d: Charl....25
100 680
Union
Northwest Equip. 100
Tol.St.L.A K.Clty.. 100
Mexican Central ..100
100 801
United States
27
pref.. 100
do
Oregon Improve. .100 441a 46
Mexican Nat., Tr. rt-o.
Washington
100 175
232 •«
07 100
do
pref
100
0. N.J.BR AC. Co. 100 232
Mex. Nat. Couetr. Co.
40 « 401a N.Y. A;
100 63=8 03% Paclflo Mail 88. Co.lOO
Onion Paoitlo
Mloiugan Cent.. ..100
Kits,
150
Black RIv. 100 135
Penusylv. Steel. ..100 200
UtlcaA
MU. Lake 8. &W..100
(See Local Securitiesin
62
65
Vt.A MaS8.,r8ed.6.100 138 138 Wi Phila. Co. Nat. Gas. 50
do
47 »« Pnnf,'h. Bridge ....100
Chko.nici.e each w'h,
46
11
14
pref. 100
Virginia Midland .100
Milwaukee* Nor. 100
12>4 12'a Pullm'nPalaoe CarlOO 189
except third of month)
191
100
Wabash RU
Mine Hill * 8. H.... 50
2iia 25
laH 26 s San Diego Land.
UAS STOt'KS.
pref.. loo
do
Mlnneap. <fe St. L..li)0
Bait. Consol. Gas, Yew
49 Is 491*
111
St.Louls B'dge,l8tpref el09
Warr'u(N.J.),l's'd,7.50
50
Bay State
2i)% 24>*.
Pref... 100
81%
(Bust.)... 50
e53
55
2d pref. cert
100
West En I
m>.
Si,
Mlsso'i Kan.& Tex.loo
Brookllne, Mass. 100 119% 120 85% St. Louis Tun. RR.IOO el07 10.»
do. pref. (Bos.) 50
Pfd.certs.wheniss'd
Brooklyn, L. I.
2'Z
56
75
80
St. Louis Transfer Co.
50
Weet Jersey
Trust Rcc
25 115 120
714
Brooklyn
43
South'n Cotton OH Ct.
i^est Jersey A Atl. .5ii
Missouri Paoido."io6
20 68
13
Citizens'
70
18
131a Tox.APao. L'dTr.lOO
los
Vestern ftlaryland.50
MobUe&Ohlo.... loo
Fulton Municip.lOO 125
£8
8%
lUuion ferry Co... 100 200
West. N.Y.& Peun.lOu
Morgan's La.&Tex.lOO
3di« Un. St'k Yds. Co. Chic.
Metropolitan... 100 101
105
35H
100
Wheel. A L. E
Morris &K'x,gu.,7.5u
73>4 7.i% Warner Palace Car Co. 135
25 120
Nassau
i"*
pref. 100
139
do
Kashv.Chat.A 8t. L.25
10
1U4
115
241* 24%
People's
84
87
West End Land (Bost.)
Wll. Columbia.V A.lOO
gasUua j!lx)well..ioo 192 195
21ie
50 122 125
Williamsburg
la*
iW'estingh.Air Br'ke.Su 111
114
Wilmington A Nor.. 50
H'squeliouini! Vall'ySO » 55
Mass. .100 199 200
117
Cambridge,
ICOAt. & ITtlNING
.Vllm. A WeUlou, 7.100
Sew Jersey A N.Y.ltO
22 1«
Charle8t'u.S.O.,Qa8.25
291a 30
STOCKS, N.V.
if isconsin Cent. Co LOO
do
100 110 115
63
65 (Ameriuau Coal Co.. 25
Chelsea, Mass
pref..l<iO
Pref. 100
do
New Jersey Southern.
46% 46)lt
Chicago Gas Trust.lOO
Uababa Coal
100 54
Wor.Nash.A Roch.lOO 124% 125
New London & Norm
Clndn. G. A Coke.lOo 305% 206%
3
Cameron Ir.ACoallOJ
21a
CAN At. BONOS.
£-^.Cent.& il.RW.ioo 107 108
25
41% 43
80
East Boston ...,
..
77
Colorado Coal A 1. 100
5ls
Clies.ADel.-lst. r>8,'16
Hartford, Ct., G. L..25
28% 30
81
79
•J'.Ch.&at.L.newloo 10^ 17
Colorado Fuel
100
Ohes. AO. 6s
J&J 20
do
105
211* 221a .Jamaica PI'n.Ma.'.slOO 160
l8t pref. 100
110>4 Col. AHock.C.AI.lOO
lO
Lehigh Nnv.- liss.'ll
23
Jersey City Gas Light. 170
25
Consol.Coalof Md.lOO
_^2. .„ 2d pref. 100
RR. 68, reg., '97.Q-F 113
"•!;•* Harlem
9
Jersey C. A Uobok'u 2u
107
10
Humestake Min'g.lOtJ
50
Conv 68,g.rg.'94A>IAS
30 1< 31
144
Lawrence, Mass. .100 141
Illiaois Coal A Coke
£-i-fa«k.jKWe8t...lOO
68,g.,op.Arg..'97JAD ll4is ll5
II.Y.L.£rle<SE West. 100
132
Louiaville Gas Light. 131
24
27
LeulgU A Wilkesu.Coal
Cons.M.,191178jAD 130 >i
100 215 2bO
Lowell
_ „ , do
Pref.lOO
.vlarsUall Cou.Coal.lOO
108
Gre'n.Tr.78,'92.l.i!A 103
W. Y. & N. England loo
12
14% Lynn, Mas8.,Q. L..100 160 155
Maryland Coal
100
LeU.C.AN.,4Hl9,19i4 103
125
80
.Maid. A Melrose.. .100 120
58
100
83
Pref.lOO
60% MInu. Iron Co
Penn. Os, coup., 1910
r »»'?? Hartf.lOO
g-^- W
42%
Memphis Gas
8
10
New Central Coal 100
CAN At. STOCKS.
H. Y.& North. pref. 100
N.Y.APerryC.ALlOO
N. Orleans Gas L.lOO 102% io3>*
Chesapeake A Del.. 50
H.Y. Out. at West. .100
45
Ontario Sll. Min'g.loo "iY
New York CityDel. A Hud.— See RRs.
K.Y.Phil. A Norf. 100
85
95
50
Central
51% 52 Peunsylvania Coal. 50 280 300
Lehigh Navigatiou..oO
100
97% 98
80
Quicksilver Mln'g.lOo
6% Consolidated
Morris, guar., 4
100
B.Y.8u8q.& WesfnlOO
100 117 120
Equitable
do
Pref.lOO
Sbht 38>a
do pt.,guar.lO..100 <202
do
100 110 112
Tenu.CoalAIrunColoo
48% 50
Mutual
Pref.lOO
iTtI»iC>L,L..lNKOVS
H. News&.MlsB.Val.Co
so85
pref.lOO
9S 103
Standard Ua9,pt. 100
do
BONOS.
Horf.AWest,, com.lOo
Whltebr'st F'.iclCo. 100
A Wat'u..lOO 169% l/a
Newton
Amer. BeUl'el. 7s,'98. §112 11214
do
u:Xl*ilKSS ST'CKS
Pittsburg Gas Co. -.50
pref. loo
Am. Water W. 08.1907 1071a 108
HO. Pennsylvania. .50
75
70
Adama
100 150 155
Portland, Me., G. L.5o
.\m. 8S., 6b, '96..AAO 10014
16
Hortheru Central... 50
100 114 116
St. Louis, Laclede. 100
Uirmlug. Equip. Co. 63. 1031a 103% Amerloau
Northeastern...
pref..
'98 iOO
1O0I4 United States
70
do
100
74
St.
Bost. A Mout., 78,
North'n N. Uamp.lOo
100 113% 114
Wells, Fargo A Co.lOO 140
145
Salem, Mass
90% ai
Bo8t. Uu.GasTr. 0.58.
Sorth'n Pac., com loo
56% 57.
STOCKS.
Sau Francisco Oas
74% 75
2d, 5s, 1939.... JAJ
4&
Am.Cot. Oil. I'r.rec 100
26
Pref.lOO
Cahaba Coal, lst,78,'07 110
26% Wa.sh'tou Cltv G. L.20 44
„ do
Horw.oi Worcesujr.iuo
itllMNU STOCKS}
15
Chlc.G.L.AC.l8t,5«,'37
933e 93% AmericanCattie
Ogd. A L. Champ. 1(10
|Am. Pig Iron War'nts
(N. Y. A SAN. FRAN.)
17
Col.CoalA Iron— Ist.Os 104
•75
Ohio Ind.iSt We8t..reot
Ciucago Gas
46% 46% Adams Cons...,
C.AH. C.AIr.,63 1917 98
do
.,
fref..reor
30
lOistillers' A Cattle F..
38
39 |Aiua.dor
C'msl'ci Tuu.lslluo 4
•03
Ohio it Mies
lOlia Linseed Oil
48% 50 American Flag
100
»./
Con. Gas., Bait. icon.os
100 1^40do
mil! National Lead
Pref. 100 e 82
17* 17% Alice
J«J
68, 1910
l^30 125
Oalo Southern
100
iPipe Line Certltluates
827,
100
13
lo3
83
lAlta Montana
lo
OoD. Co'*l et>nv'.f^8'iJ7,
005
Old Colony
moi 17; i^ I7H
Astoria
DenC.Cablels'OslOOa: luO"* 101% 8f in.lar.lOil.
....i 165
166
sQuutatlous per share.
- • iin, uuiumal; no late trausaotlons.
e In Lundou.
Purchaser also pays accrued interest.
^

East Pennsylvania. .^O
Sasteru (MasR.) ..100
do
Prer.lOO
Eastern In N. H. 100
Ellz. Lex. & Blp S.IOO
Elinlra& Wiimp't 50
do
Pref
60
Evansvllle A T. H 50

«

55

100

Eq. O.

Ohio. lst,68

]

..

.

.

TELEPHONE.

.

I

4%

TRUST

.

'

BU>KLVN
HOUSE

.

W

. .

I

.

.

'

.

.

—

HA

.

,

TRUST

.

.

I

|

.

THE

6d4

CHrtONl(}LE

SUPPLEMENTARY.
Foreign and Domestic Commercial and Miscellaaeous In"
formation; also Comparative Port Receipts and Daily Crop
Movement and Gross Receipts of Cotton.

The

London, Saturday, April
for money have been as follows:

rates

Banh

IiOndon

Trade

BilU.

Bills.

Payments.

"
"
"
"
"

Disc't H'at

1,982,029
2.396,899
2,068,433
2,3*0,176
2,200,940
2,196,415

14
15
16
17
38

Ooin

Coin,

Currency.

Cert's.

$

2,248,813 102,285,634
2,486,157 162,332,291
3,303.18111162.402,696
2,144.123 162,456,405
2,697,846 162,494,fl01
2,575,90 r 162,559,021

10,'?04,550

4,458,273
4,396,724
4.3o5,451
4,413,207
4,429,734
4,4»2,633

10,730,184
P,516,4'i9

9.551,017
9,999,088
9,493,076!

Joint

a-a^<j~

Web. 28

4

Moh. 1 Hi

SH9-3«5-

14

23:^®

-

2Jia

4H95~

- itm -

SHt

e&

4

man

3

88
4

a -3

-4

s.

Mar.

2.

2a.

2}4m-m
2Hm-2H

as the

3>i®4

2hi

2«.a3«

2H

2i4\iiU-2H

tables a daily

.4pHi

London Standard.

d.

2.

Mar.

29.

d.

d.

»

Bar sliver
oz.
Bar silver, contain-

43%

43 13-16

77 10

ing 5gr8. gold. oz.

41«

44 3 18

47 5-18

47M
i2H

<t.

».

Bar
Bar

gold, fine.... oz. 17 a
gold, contain'g
80dwt8.silTer.oz. 77 10

77

Comparative Poet Receipts and Daily Caop Movement

!H
2%

,3ii-au

SILVBa.

AprU

15,456,026

—A comparison of tha port movement by weeks is not accurate

3«®4

3«®4

GOLD.

13,185,392

3

Messrs. Pixley & Abell write as follows:
Gold— Gold birs have been wanted for India, and a sood amount i'
cxpei ted to g>. There have been large arrivals from South America.
and all the Argentine gold coin has readily bten sold tor Germany.
The Bunk has purchased daring the week iB413,000. Arrivals from
West Indies iJUl.OOJ; Buenis Ayres, S.33i,(]00; Natal, «-.i8,i)00;
total, «467,0C0.
Silver— The price of silver has been very steadily maintained at iS'^sd,
•Ini e last week, and the market Is very strong, there having been good
Inquiry for India. Arrivals from West ladles, £39,00J; New York,
443.OO0; Chili, «3J,'I00; total. £107,000.
Mexican Dollars— Tliese coins are quoted 42''8d. nearest. About
*10,000 have arrived since our last.
_The quotations for bullion are reported as follows:

Condon Standard.

Total

3

@- 3 « - 3M®4 SM®4
m® -\2H® - 2?«® - 8M«4 3!i®4
3H® -t2«® - m* - 2-Ji®S9i

SI

Apr.

Rtceipts.

April 12

Four
Four
Six
Three
Six
Stock At 7 to 14
Months Months Months Months Months Months Banks. Call. Days.

'•

Balances.
Date.

$

Three

"
"

United States SubTreasury.— The following table shows
the receipts and payments at the .Sub-Treasury in this city, as
well as the balances in the same, for each day of the week.

1890.

5,

Interest allowed
for deposits by

Open marlul rates.

[Vol. L.

weeks

the month.

io different years

do not end on the same day of

We have consequently added to our other standing

and monthly statement, that the reader may
constantly have before him the data for seeing the exact relativ^

movement
Sept.

the years named.
The movements sine®
and in previous years, have been as follows:

for

1889,

1.

Tear Beginning September

Monihlj/
eceipts.

1888.

1889.

1887.

1886.

1.

1885.

1884.

Sept'mb'r 561,710 332,017 654,776 359,203 385,642 345,445
October. 1,325,358 1,133,016 1,213,404 1,034,450 1,055,524 1,090,385
Novemb'r 1,257,520 1,159,063 1,178,4361 1,197,259 1,083,552 1,122,164
Decemb'r 1,116,928 1,103,713 963,584|l,164,886 1,069,920 1,104,211

700,909
410,044
213,697

January
February
March. ..

527,570
311,274
225,042

718.091
461,201
330,510

644,681
404,272
258,332

543,393
414,056
233,645

475,757
261,449
163,503

Total .... 5,536,166 5,237,611 5,104,086 5,035,803 4,836,332 4,562,911
Pero'tageof tot. portj
91-10
91-65
89-62
95-51
94-41
receipts March 31
1

Bpan.doubloons.oz.
Am.doubloons.oz.

i^ake

6

silver

Mexican dola

—

oz.
oz-

42Ji

The Bank rate of discount and open market rates at the
«hief Continental cities now and for the previous three weeks
have been as follows
:

^prii

March

4.

March

28.

March

21.

Bates oj
Interent at

Bank

Open

Bank

Rate.

Market

Bate.

Paris
Berlin

3

Frankfort
Hamburg.......

4

2«
SH
3H

4

m

Amsterdam

2ii

Brnssela

3

Madrid
Vienna

4

a
4

4

Open Bank
Open
Market Bate. Market

m

2

S'A
4

4

8J<

3
4

4
4

4

i%
an

Sti

2H

2«

3

8%
2«
2H

4

4

4

3)i

3
4
4

2H
2H

2\4

2}i
4

3W

4

&H
9%

6H
s«

5)4

s«

SH

3>4

6«
s«

3M
6«
s«

3«
2M

4

3

4
4

4

5^
SM

5«
3X

3>^

DOMESTIC.
National Banks.—The following national banks have
recently been organized
4,281— The Citizen's National Bank of Lawrencebureh.Tnd
:

S.'iO.nno,

Edward D. Moore, President; WllUam

Capital,

D. H. Hunter.

Cashier.

4,282— Tlie (jhambPrlain National Bank. South Dakota. Capital,
$50,000. E. B. Hart, President; J. W. Orcutt. Cashier.
4,283— The Silver Bow National Bank of Butte City. Montana. Capital,
$100,000. William W. McCrackin, President; Fayette Harrington, Cashier.

4,284— The Central National Bank of Junction City, Kansas. Capital
Sumner W. Pierce, President C. H. Trott, C ishler'
if L00,( 00.
Auction Sales. The following were recently sold at auction
by Messrs. Adrian H. MuUer & Son

—

:

Sh%res,

Shares.

20 Leath'r Mauuf act'rs' Nat.
Bank
.2,52
!.•> 23d Ward Bank
101

8 Lackaw. Iron & Coal Co. 205
40 Staud'rd While Lead Man.
Co., $100 each
$10 per s"].
100 Western Nat'lBank....99-«9i«
54 Jersey City Gas L't Co
170
35 Hanover Nat'l B'k .351-3.52
100 Drapr-rManufactur'gCo.,
28 4th National Bank
168'4
pref
75
60 3d .Vational Bank
12214
Bonds.
10 Nat'l Bank of Commerce 21013 $9,500 Conn. West. EB.,l8's 18
.

40 Merch'nts' i-xch.Nat.Bk.12o

20 American Exch. Nat Bk. 164^4

$1,000

N

18 Home Ins. Co
30 Standard Fire

144

Ins. Co
105
Paoillc Fire Ins. Co
171
Greenwich Fire Ins. Co. .190

180
40
215 Holland Trust Co
215
22 U.S. Trustee
800^4-801
95 Farmers' Loan & Trst Co.7l6
10 Central Trust Co
1,260
40 Amer. Loan & Tr.ist Co.llS
666 ManhattanTru8tCo.l30-130i4
245 N.Y. & N.K. EB. Co
45'8
100 Brooklyn C'y & Newtown
EK. Co
75
SCO OhioSouthernEK.Co.... lo»4
3715 Cincin. Jackson* Mack.
RE. Co ,pref
9
25 Ciucln. Jackson & Mack.
EK. Co., common
5
€6 Del. & Hudson Canal Co 1 52is
77 Pa Coal Co
2HOI4-29S
50 Melropiditan Imp. Co. of
N.Y. (limited)
81
150 Staud'rd OU Tru9t.l66V166's

.

Y. Slate Gs, Canal

Sto.k, 1 !391
J&J .104%&int.
of N. Y. 7s, Consol.,

«0 CoDtiu'ut'lNat,Bk.l40'^-141ifl $500 City
200 North Elver Ins. Co
80
1896

J4D.118&lnt.

$5,000 Colum. Indlanap Cent.
Eailway, l6t,78, 1904.J&J.122''8
$15,000 Cleveland & Canton
EE ^st. 5g, 1917
J&J. 91
$2,000 SodiLS Bay & Southern
KE., 1st, 5s, 1924
J&J.
$7,000 Broartway & 7th Ave.
EK. Ist, 5s, 1904..J&D 107&lnt.
$3,iOO Manhatt'n Beach Imp.

4 ...
5...
6....

8.

7....

"
"
"
"
"

6,683
3,387
3,819
2,314
4,672
1,249

8

—

.

" 9...
" 10...
" 11....
" 12....
" 13...
" 14....
" 15....

8.

60

$3,000 U I. City & Flushing
EE., 1st, 6s, 1911... MiNillSJfl
$3.0(10 Toledo St. L. & Kansas
City EE., 1st, fs

97

$116,000 Ohio Southern EE.
6s, incnme, 1921
52
$1,100 State of Virginia De5i«

ferred uertiflcate

$416 70 Western N. Y. & Pa. )
KR., 2d M incouieb'd scrip „„$150 Western N.Y. & Pa. BE. f *'"
,

scrip

1886

1885-86.

87.

" 16....
" 17....
" 13....

S.

5,080
5,147

6,251
8,732
4,271
4,452
5,805
5,018

1884-85.

S.

S.

5,126
8,093
4,922
4,143

4,499
9,766
4,387

4,494
7,740
3,933
3,262
4,7.32

4,729
5,624
4,570
2,188
6,375
1,728

S.

5,516
6,805
3,997
5,155
11,705
4,295

7,210
1,415
1,943
3,019
14,275

4,188

S.

6.102
6,222
3,361

S.

S.

7,114
7,792
7,167
6,608
8,324
6,466

8.

3,846
4,182
2,674
3,386
3,351
1,885
8.

5,050
5,994
5,329
1,830
S.

3,111
4,998
2,829
2,415
6,625
4,449

8.

13,512

S.

3,676
5,340
2.610
2.986
4,662
2,008

8,358

7,596
9.223
17,785
6,016

4,089

S.

5,661,-:i9 5,340,323 5,179,517 5,097,792 4,960,915 4,626,826
Total
Peroentag e of total
.

92-45
95-81
96-26
91-93
96-87
port rec' ptsApr.18
* 8,130 bales added as correction of receipts since September 1,

This statement shows that the receipts since Sept. 1 up to
to-night are now 321,398 bales more than they were to the same
day of the month in 1889 and 483,202 bales more than they
add to the
were to the same day of the month in 1888.
table the percentages of total port receipts which had been
received to April 18 in each of the years named.

We

The Following are the CJeoss Receipts op Cotton at
Mew York, Boston, Philadelphia and Baltimore for the past
iveek,

and since September

N«w York.
Since
This
week. Sept.l.

9m

1909

8,038
5,335
6,951
5,107
10,295
7,229

4,736
7,721
3,863
6,552
2,695

Apr. 1....
" 2....
" 3...

.

Co., 7s,

1887-88.

1889-90. 1888-89.

To.Mh.31 5,586,166 5,23 7,611 5,104,086 5,035,803 4,836,332 4.562,914

4

4

_

Market

3

4

Copenhagen....

Open

Bate.

2%

4

Bt. Petersburg.

Bank

This statement shows that up to March 31 the receipts
at the ports this year were 348,5.55 bales more than in
1888-89 and 483,080 bales more than at the same time in 1887-88.
By adding to the totals to March 31 the daily receipts since
that time we shall be able to reach an exact comparison of
the movement for the different years.

1,

1889.

BOSTON.

Philadblph'a

BALTIlfOBX.

59,734

410

Sept.l.

Sept.l.

9,672

752

41,947

6

1.443

Since

rhil
week.

3,564
10,077

Sept.l.

This
week.

This
week.

4,897

1,855
72,822

Since
j

Sine*

4,386

207,814

S,14fl

8S9.S5'i

1,641

286,382

3)0
822

17,074
8Q,068

"io.Carol'a.

5

Virginia...

800

8,078
60.788

9

-iortbn pt8
renn., &c..
rorelgn....

203

4,904

32.428
215,789

280
455

110,440
6.165

640

67,738

8,005

69,058
285

1,023

84,604

11,610 1,187,8-8

6396

405,699

3,115

82,828

6.8S3

200,423

1B,31S 1,420,941

9,956

443.157

1,611

81,719

6,173

269,495

'<,

Orleans.

Fexas
^aTannah

aoMle
Horlda
io. Carol'a.

|

J

This rear
Last 7ear

.

A PHIL

IHE CHRONICLE.

U80.]

19,

the week ending

New York Citj Bank Statement for

We omit two ciphers

13, 1890, is as follows.

(00)

655

April

%nvitstmtnt

in all caset.

AKD

Banks.

2.000.0
2.050.0
2.OOO.0
2.000.0
3.000,0
1,000,0
1.000.0
l.OOO.O
300,0
600,0
1,000,0
300,0
200,0
200,0
600,0
300,0
1,200,0
5,000,0
6,000,0
1,000,0
1,000,0
422,7
1,600,0

Muihattui Co
Merchants*
Mechaiiioa'............

Amerlra
Pheiilx
City
.,

Otaemtoal
MerohHnt'H* Rxch'nge
Ballatln National
Batchers' & Drovers'.

Maohanlcs' A Traders

Leather Mannfaot'rs.
Seventh National

New

State of

York...

American Exchange..

Oommeroe
Broadway
MeroauUle
Paoiflo

Shoe A Leather
Corn Exchange
Continental.

A Traders'

ll,'2.-.3.2

6,062,9
10«,5
1,4H0,7

22,468.2

282,9
214.4

1,9.^2.0
2.i<60,0

118.7
664,4
6«,2
47 7, B

1,267.8
3.128.4
1.291.3

4,>93.0
10,134,2
3,8.'>H.4

4,064.0

6(14,9

124.0
130.7
499,6
3(X).3

147,0
3,144,0
1,847,3
014,4
1,515.9

3.00.S.8
17,78e.(l

18.040.1
6. 7 ^ 0.2
7,767.7
2,815,0

833.9
376,2
897,0
641,1
260,3
499.4

130,0
672,0
81,3
606.8
446,7
821,2
93,8
463,0
101,9
225,8
20,3
246,1
418,0

1,819.0
278,4
8,581,8
700,8
e66,l

1,770.C

1,77S,1
8,234,2
1,578,8

3.i8,4

9,32,0

2,673,2
769,4
312,9

4.686.3

681,8

13,76'2.1

4,»01,9

51.S.0

3,067,0
2,746.2
2,977.9

657,0
817,1
402,3

4,366

92.<,8

1.130.9

384.9
4.610,6
2,272.5
99.3
122.9
1.535,9
538,2
262,3
316,9
3,189,1
285,5
134,3

6,347,8
4.307.1
2,100.0
21,.' 17.7

175.7
173.0
176.4
144.3
95.0
330,0
231,0
669,0
337,3
1 398,1
401,8
127,1
85,6
1,115,3
224,0
54,0
311.8

260,0
3,200,0
2,000,0
300,0
750,0
500,0
1,010,0
300,0
250.0

Central \atloiaL
...

.

^ ational

NaUonal

Third National

Exchange
Bowery
New York County
N. V. Nat'l

750,0
600,0
100.0
200,0
200.0
500.0

.

Avenae
German Exchange...
Fifth

UnlteJ !4tate«

300.0'

Barfleld

PUth National
Auikof theMetrop..
West Side

200.0
150,0
300,0
200,0

geahoari!

SOO.Oi

Sixth National
W'-sr.ern oJanonal
FlTet Natlonal,B'klyn

ll,lia,.'i

5,732,4
•2,28r>.rt

200,0
S,500.0l
300,0,

183,3
531,0
724,1
587,6
179,6
4,1»4,6

1,818.7
2,8r,0,0

•274,0

200,1,

Oerman- American....
Chase National
,.

8,942.1
2,095.9
3,230.0
1,189.9
2,-; 15,6
1.23».7
2,593,8
14,937,0
11,7h1,3
4,682,7
8,376,8
2,954,6
11,911,0
6,809,6
2,980,1
4,757,8
16,418,5
8,173,0
2,934,2
3,4-8.2
4.618.8
1,700 1
3.607,0

258,8
781,4
283,8

290,2

261.2
398.3
195.6
699.4
206.0
231.7

'.!40,0

SecojdNiUonU.

4,49-2,0

1,376.6

1.323.4

],600,f2,000,(1

Park
North River
East River
Fourth Natlon»l
Ninth

1.782,9
546,2
2,422,4

600,0
600.0
760,0
600,0
600,0

St. Nicholas...

Vlrsi

1,76:1,0

5.'289,0

20,3.59,0
2,14.5,4

1,190,8
17,286,7
6,909,0
4,153,0
6.427.7

107,8
205,0
3,643,6
2,187,0
1,219,0
1,195,4

2-2,297,4

4,7i;8,4

7,580,5
1,430.7

1,708,5

4517,2

409,2
231.8

2,70.5.8

2.7n2.1
10.031.4
4,551.7
2,983,6
2,581.0
4,793,9
3,171,9
3,293.5
1,752,2
4,412,6
2,180.0
3,606.0
1.170,4

77-i.O

737.8
468.7
394.6
612.0
287.1
308.8
281,4
512,3
231,5
143.9
381,0

37,0
161,0
186,0

776,9
792,0
302.4

108,1
782,1
134,7
630.3
330,3
51,0
236,6
274,9
179,9

1,05'2,6

293,8i

419,0
f45,0
144,9

231,0
575,0
128,1
483,8
144,8

2,218,0
1,117,2
180,9
134,8
1,172,2

8470,0

1,809,7

4,'209,0

175,7
7iO,0

a,08o,l
21,603,1
23,720,3
2,291,1
1,071,6
17,530,1
7,903,0
4.991,0
5.894.9
21,644.1
8,496,3
1,308,0
2,856,0
3,147,6
2,486,1
ll,7Ui,9
4,936.2
3,368,5

716.5

•2,92-2,1

3,630,7
3,575,4
4,004,1
1,922.9
6.413.0
2,369,0
4,52-2,0
1,00-2,1

7,250,0
4,000,0

I

It is published on the lout Saturday of every
month—vfz-, January, March, May, July, September
and November, and 'is furnished without extra charge to
all regular subscribers of the Chbomcle.
Extra copies

Companies.
other

are sold to subscribers of the Chronicle at 50 cents «aoh
to others at |1 per copy.
The Oeneral Quotations of Stocks and Bonds, occupying
Hx pages of the Chronicle, are now published on th»
third Saturday of each month.

and

RAILROAD EARNINGS.
Eamingi

Latett

61.062,7 68,249.6 400.608,7
Capital dC|
SuTvlut.

Banks.
N. York.

Mch.
'•

AprU
••

$

Week or Ho
Allegheny Val. February
Annlston & Atl. March

AnnlstonA Cln. March
Atch.T.&8. Fe. Ist wk Apr
Half owned

.

Total system
Atlanta Si Char.
Atlanta & Flor'a
Atlanta AW.Pt
Atl.

i DauvUIe.

1st

wk Apr

1st wk

5

..

..
.

12...

Boalon.*
Mch. 29...

AprU
'•

5

..

12...

••

Apr

February
.Miirch

CleaHno*.

95,107,0
35,793,7, 95,384,0
35,793,7 S5,85j,0

i

$

36.^293

vlarch
.March

3.519,7 711,688,6
3.637,5 627,255,5
3,66-2,3 672,873.4
3,718,' 574.228.0
410,-238,8 3,671,0 830,'242,0

4,713,5 127,459,9 2,822,6
4,126,6 128,194,7 2,874,0
4,265,0 l'„9,793,8 2,876,0

23,316,0
23,230.0

83,486,1
84,001,8
94,871,3

91,138,0 2,137,0
91,152,0 2,137,0
93,609,0 2,13-2.0

24,l-97.0

62,203,1
65,774.4
71,496,7

New York— Monthly Statement.— In
addition to the tables on another page, made up from weekly
returns, we give the following figures for the full months,
also issued by our New York Custom House. The firtt state
ment covers the total imports of merchandise,
IMPORTS INTO KBW YORK.
Foreign Trade of

39.000

Western Lines March

1889-90.

1888-89.

Dry
0ood$.

Merchan-

Dry

lotal.

Gwnii.

Mee.

ntat.

Merehan(Uee.

449,556

Central of N. J
B'ebruary
Central Paclflc.. li'ebriiary
Central of S.C. February

& Chic February
Cliarlest'u & Sav February

.

Char.Sum.&No. February
Chat.R'rae&Col. March
Cliatt'n'KaUni'u .Vlarch
Cheraw. &Dai'l. February

.

Che8.&Ohlo.... -•d wk Apr.
CUes.O. &8. W. 3 wks Mch
Cues. & r.«noir February
.

ChicA Atlantic. 1st wk Apr
Chio. Burl. & No February
.

Chic. Burl. & Q* February
East. 111. 2d wk Apr.
Chic.MU.&St.P. 2d wk Apr.
Chic&N'thw'n. February
Chic, .fe Oh. Riv .March
ChicPeo.&St.L. January.
.

ChicA

.

.

Chlc.8t.P.&K.C. Istwk Apr
Chi0.St.P.M.&O. February .
Chio.

& W.Mich.

Ist

wk Apr

Ciii.Ga.& Porta. -March

&Mal- Ist wk Apr

& N. E.
Ala.&ViclC3b.
Vicks. 8h. & P.

wk Apr
wk Apr

1st wk
1st wjc
1st wk
Erlanger Syst. 1st wk

Apr
Apr
Apr
Apr

1,416

1,464
9,993
40,889
13.911
30,u30

236,53;,

224,'262

19,942
34,100
5,757

Cin.Wab.&Mich. March

45.908.187

ll,740,4a,s

26,315,506

38,055,931

CleT.Akron.feCol Ist wk Apr
Clev. & Canton.. February .

Ciu. 8ei.

37,873,88.'

10,199,332

26,80>',740

87,0f 8,072

46,8S»,171

10,184,013

35,066,212

43,2-29,

31,388.204

40,233,571

e,9i'5,.364

28,09-<,144

33,083,503

December.

10,578,808

3\M9,mi

42,246,178

8,ie'-,713

41,226,09.;

January..

16,566,805

29,747,151

46,813,958

18,9h4,160

33,057,380
31,612.567

15,795,270

27,922,927

43.71«.197il lS,7»8,9fl8

3l',359,290

44,15S,'258

28,8; 5,1 1»

44,lt5,Sia

20,514,392

42,310,910

March

15,570,193

1

ToUl... 112.7l7.6B8

BXPOB'TS

12,786,553

.-2.5

47,638.'; 17

!882,t00.687 398,548,349 ll0»,755,565 2(8.385,626 S70,081,l-;7

FBOM NEW YORK.

At trew

York.

Montk.
lt89-90.

I

1888-89.

23.394,1371 22,810.7691

Tuly

13.787,330

August

31,544,187' 24Ji58.528|
28,8B6,r0i: 24,51.6,407

August
September

13,331.502

13,854,71-2

12.016.108

13,134.964

October

12.308.038

11.069.'4»

November
December

—

Jauaary
February. »

27,717.301

27,951,H67|

25,51B,574

& Ciu. Mid..
Colusa & Lake.
Col.

1st

wk Apr

.March

Oay.Ft.W.&Ch.. March
Denv. & Rio Gr. 2dwk Apr.
Ueu.Te.x.AF.W. .March
Det.Bay C.&Ali) 1st wk Apr
DuluthS.S.&Atl 2d wk Apr.
E.Tonn.Va.&Ga. January...
Knoxv. &Ohio January...
Total system. 1st wk Apr
miz.Lex.ka.S... February
Evau8.<&lud'I)li^ 2d wk Apr.
Evansv. & T. H. 2d wk Apr.
Fitchburg
Februaiy
Flint.&P.Marq Istwk Apr
Flor. Ccnt.& P. 1st wk Apr
.

July

31,841,191

CI.Clu.Ch.&S.L Istwk Apr
Clev. & Marietta March
Color. Midland. Istwk Apr

Dct.LaneV&No Istwk Apr

CUSTOMS BECEIFTS.

Total Merehandiae.

September....
October

715,408 658,807
821,702 843,608
881,031 965,17
13,556
11,.576
54,781
49,278
11,903
61,574
74,677
6,242
3,193
26,000
18,947
7,793
8,332
10,283
8,868
137,389
94,256
110,560 110,54s
6,626
6.375
40,557
39,678
160,940 149,203
2,589,410 2,412.332
49,500
50,900
460.000 431,847
1,790.914 1,560,879
5,367
5,698
31,844
25,124
82.975
49,780
451,975 429,173
28.493
28,974
3.684
4,960
11,541
10,3^3
71,440
61,119
30,670
30,786
16,722
12,129
8,401
8,948
7,703
6,750
135,052 119,616
5,270
47,101
15,838
32,537

t4.H4,638

*

(

24,P8S,015
S?,274,670

.

391,28.-.

& Moo. March

41,402,425

.

36,769
24,028

Cinn.Northw'n. .March
27,4.34,405

8,897,369

Total

.

t
13,968,020

8,809,501

March

.

t
48,131,41»

November

_

.

Vermont WkApr. 5

t
36.082,098

October....

February

.

12,885,86-

September

6,395

.

»
12.062.320
11.79).629

July
August..

432,539
29,473
462,012
130.959

—

N. Orl.

General

7,497
9,899

1,961,450 1,721,843
Bal.&O.Southw. Ist wk Apr • 49,567
35,394
Bait. & Poi<,m.i.<' February .
121,519 113,774
Beech Creek
81,274
February .
67,157
Bir.Selma&N.O. March
1,600
1,509
Sdft.Roch.i I'iti 2dwk Avr.
36,303
35,863
Bdr.C.Rap.&N. 4th wk Mch
71,657
66,072
Burl. & Northw. March
2,986
4,109
Burl. & Western .March
4,134
3,945
Camden & Atl. February
37,612
29,126
Cunadian Paeifie '2d wk Apr. 282,000 263,000
Cp.F'r&Yad.Val March
48,352
35,606

Cin.N.O. <feT.P. 1st
Ala. Gt. South. 1st

I

General

162,609

March

Total

Ciu. Jaclt.

Mont*.

November

11,178.009

14,159,594

9,60ri,8i8

.

Ft.Mad.&N'w'n .\iari-h
Ft.W.Cln. &h.. February
Ga. Car'la & No. February
Ga. RR. ctB.Co. Fehi-iiary
Geo. So. AFIa.. .March
Qr. Rap. Alud.. latwkApr
Ciu. K. it Ft. W. Istwk Apr
.
.

37,910,631

26,242,020!

December..
January
February

2S,186,a5»

28.8o9,835i

.March

32,3(9,9)81 28.88'l,9S8

26,506,491' 30,156,144

262,695.038 2.%.935.720l

Total

..

10,997,981)

10,9<' 2,999

1B,223,83:<

i4,O31,7S0

18,88H,«l.j

13,984.011

12,569,417

13,42S,0U4

11».1B5.826 U8.080.731

Jatt. 1 to

Other lines.
Total

..

all lines.

IstwkAnr
wk Apr

1st

1,642
44,157
148,500
238,707
10,005
21,937
27,31
60'2.174

53.519
108,821
51,642
4.912
17.740
444.804
63,555
•24.582

1,604
24,008
5.290
160.916
51.232
49,549
7.492
5.658
62,699

Lateit Dot*

1890.

1889.

9

v^i

Char.Cin.

410,454,0
411.135.1
412,033,0
411,575,3

6,795
9,898
548,082
36.437
584,519
154,068
8,463

1889.

64,105
Pac. 2d wk Apr.
49,866
1,511,903 1,330,558
B.<&0.£a8tLlnes .March
Atlantic

Coutr'l

9.132.8
9,038.7
9.066.9

35,793,7

5...
12...

iT-'l-t,

9

9

64,885,4 152,836,1
84,885,4 153,154.0
64.685,4 152.366,9

Philn.Mch. •29...

AprU

DevosHi.

1890.

*
175,396

.

Lf^aie.

Specie.

118,731.3 404,682,1 78.470,3 25,194,0
118,731,3 403,531.2 81,4811,3 24,794,9
118,731.3 404.577,6 >'3,004,0 24.335,9
U9.312.3 409.057,7 81,859.7 22.i7d,6
"
119,312,3 406,608,7|E0,l04,6i22,90-

16...

22
29

••

Loans,

Seporled.

KOADS.

Cen.KR.& Bs.Co February
Total

Itttjelligjctijcje.

TTie Investors' Supplembnt, a pamphlet of 150 pag«t,
contains extended tables of the Funded Debt of States and
ities and of the Stocks and Bonds of Railroads and other

5.29.),2
4,*-46,l

603 3
488

214,7
490,0
671,6
397,4

2, .5 65,0

^mlvo^A

»
10,210,0
9,706,0
7,261,2
7,547.0
11,119.8
4,448,0
9,620,5
1,695.0
24,792.5

349,1
441,1
18<,3
328.8

1.000,0
500,0

Pulton

OrlentaL
Imiwrters'

7.I6.S,6
9.0O8.:>

Otpctitl.

•
450.0
889,0
498,6
384,0

300,0

North Amerloa.
Hanover
--...-...

4

•
2.110,0
1,144,0
1,462.0
1,494,0
2,400,5

10.970,0
10,116,0

1,641,6
1,309,1
8«P,2

460,0
200.0
700.0

,..„..

Peoples'

Market

Ltoalt.

1,000,0
1,000,0

Bepabllc

Chatham

Sptcit.

•

BankofNewTork...

Tradesmen's..

Loant

CavitaL Surpliu.

(UOi i>m4t(«l.)

358,913
21,200
32,013
7,149,315
401,200

331,678
23,17»
26,074
5,807,188
398,641

7,5.50.515

6,'205,820

329,004
264,007
29.046
21,913
131,559
126,066
109,580
68,910
800,205
798.179
4,305.798 3,682.962
1.249,564 1,097.935
5,555,362 4,780.897
605,091
538,77
255,618
229,47
155,545
141,67„
5,640
4,743
479,940
5.54,919
739,390
650,014
10,654
14,156
12,570
12,063
73,095
65,167
3,533,149 3,395,607
132,652
102,367
1,589,375 1,349,502
1,715,676 1,888,527
1,743,100 2,049,943
25,511
22,204
•

20,266
148.576
9.936
88.500
23,220
20,217
2,002,673
439.753
1

'2,787

686,721
279,940
5,306,820
818,876
6,618,-557

3,648,587
16,--'29

31,844
1,125,732
940,781

354.185
11,385

123,566
5,718
51,027
22,079
17,799
1.495,519
444,784
13,516
578.506
307.881
4.876.958
743.746
6,241.920
3,174,124
19,825
25,124
706,008
795,807
345,73!2

12,692
1 43.223
946,567
506,438
491,543
304,706
289,778
179,073
159.515
171,533
154.992
2,241.076 2,042,425
4,779
3,026
146,'244

1,079,326

18,828

3'.',367

122,6-23

22,377
28,206
5,943
1,418
36,985

198,673
67,106
3,174,870
56,363
419,477
84.385
4,822
121.401

110,801
170,441
58,181
3,021,112
58,563
4(U,066
87,469
4,174
114,839

1.30,000

•2.016.819

1,910,277

202,429
8,359
19,891
25,149
467,635
43,006

731.507
147.326
284.180
402.850
602.174
53.319
1.796.204
113,640
65,770
253,538
893.019
837.235
352.*48
5,273
47.811
10,701

529,329
134.503
260,590

100,"360

64,011
5,339
15,885

393,312
48,947
25,735
'.',040

20,264
4,693
157,217
21 .942

45.512
8.119
4.408

58.039

368,'221

151,581
632,575
111,057
50,703
794,335

330,.')90

467,635
43,006
1,626,615
138,370
75,-294

234,604
818,481
659.083
330,^98
5,555
41,326
7,696
342,918
53,585
566.339
115.943
53,007
7.16.178

THK CHRONICLR

556
Eamingt

Latett

Reported.

Jan. 1

to Latett

Date

Week or Mo

1890,

1890.

1889.

IWeekorU

1889,

Co.-

So. Pacific
Oliio iSiGr.Tr

Wk.Aprl2
WkApr. 5

376.584
73,165

Det.Gr.H.MSS

Apr. 5

20.6'Jl

349.428
66,949
20.273

27.975
4,203
100,755
11,700

3,637
70,309
9,320

..

Wk

W. & St.P. February
Gulf & Chicago. March
Housatonic
February

•Or. B.

"Hume8t'n&!5Vicn .March ...
Xll.Cen.(Ill.&So.i March....

158.369
105,401
33,524
140.01)0

Jowa

(Jeutral... Istwk Apr
Iron Railway... March
J'k'uv.T.ifeK.W;, February
Kauawba& Ohlc Istwk Apr
.Kan. C. CI. ifeSp Ithwk Mch

25,755
3.537
62.142

.

5,461
9,632

&Mem. IthwkMch
X-CMem. &Bir. Ist wk Apr
K.C. Wv. &N.W February

118,234
18,854
47,800
81.477

<K.C.t>e.

March

Keokuk & Wcst.

Knox.

1st -wk

ti.

Rook

Lons

Apr

6.087
3,005
11,584

1st wk Apr
February

& Pem.

Lincoln
ti. Erie All. & So
L. Erie& West..
iLeliigUA Hud.,
cSi

5.6'J5

Mil roll

1st

wk Apr

43.184
26,925
8,728
220,19
33,532
23.832
354.305
45.499
1,108
52.233
27,382
29,566
5,177
35,162
124,411

.March

&Mem. IthwkMoh
March

I.slaud

January.
2d wk Apr.

tiOuis.&Mo.Riv.
touis.Ev.&St.L.
IjoUisv.&NasUv.
J>>ul8.N.A&01i.
Louis. N.A&Cor
Louisv.N.O. &T.

.

Istwk Apr
2d-wk Apt
.March

4thwkMch

Lou.St.L.&Tex. M arch
tiOUiST. Soutli'u Febiuary
l,ynclil).&Dur'n) .March

wk Apr
2d wk Apr.
1st wk Apr

MemphiK & Clias

1st

IMexleauCent...
|Mcx. National
.

146,632
154,728

1,256,131 1,217,989

Ind.Dec.&West. .March
Intcroc'uic (Mx) March

Kentucky Cent

18,9il6

1,090,730 1,063,261
7,032
8,146

Cedar F.&Min. March
Dul). &bio'xC. March
Iowa lines
Marih
March
Total all

KluKst'D

Xamingt Be/ported.

[Mtett

Jan.

1 to Latett Dail.

Roads.

BOAD9.

"Brand Trunk.

IVOL. L,

f.7.748

jMexican K'way \VkMch.2.i

26,403
91,875
22,864
4,155
64,658
4,509
6,614
107,203
14,782
30.690
&3.087
5,914
3.003
11.253
5,096
42,397
18,422
12,138
201.736
28,355
21„S75
310,305
41,302
1,039
63,893
10.443
27,345

483
30.338
122.661
61,937
80.739
62.549
21.923
8.609
109.536

5,253,878 5.0'.il.035
882,715
999,907
253,190
268.977
38,124
51,213
11,597
11,838
156,638
201.951
35.200
30,957
3,429,053 3,288,218
21,142
17,644
390,188
446,027
463,671
411,330
3,893,724 3,699,548
1(10.124
95,440
388,402
2 13.732
421,805
385,361
9,633
12,573
133,771
121.775
70,128
66,390
96.971
64,354
1,168.224 1,129,451
341,084
271,965
99,100
57,120
225.018
216.371
93.201
83,869
36.896
41,771
23.198
22,984
14,787
15,471
677,341
638.530
71,115
54,547
149,347
164,338
606.617
554,916
33,532
28,355
295,779
315,510
4,942,353 4,532,118
598,698
600,171
2,917
2,712
826,169
690,672
85,889
62,526
59,872
14,628
492,426
498,822
1,941,0,59 1,681,486
1,023.394
969,434
965,076 1,071,950
818,011
707,291
386,3eo
303,359
22,974
21,721
.329,061
286,098
489,215
325,227
1,781,873 1,461,827
786,361
818,313
91,400
859,083
859.546
8,384
7,676
123,2.30
117,151
35,592
30,170

79,0i4
65.798
31.500
7,620
123,000
Jlluncap.&St.I-. Marclf.
130.408 "130.370
M.8t.P. &S.8.M. March.
554,152 512,613
arch.
-Mo. Kan. & Tex.
246,771
Mobile & Ohio
.March.
257,052
38,000
Montercv&M.G .March.
271,182 290,839
Nash.Ch.&Sf.l- .March.
2,0^0
1.844
Mat. Red R. & T. March.
60,249
53,531
Kew Brunswick. February
17,419
H.Jer.seyAN.Y. February
14,466
9.697
11,345
M. Loudou Nor. Wk Apr. 5
11.003
13,906
New on. & Gulf March
2.946.523 2,861,599
N. Y. C. & H. R. March
2,056.487 1,711,177
-If. Y. L. E. & W. February
538,659 437,049
:H. Y. Pa. & Ohio February
399,005 385,713
N. Y.&N.Eu!?.. February
45,573
43.665
H. Y. & North'u. March
33,832
35,119
:H. Y.Ont. &W.. 2 j wk Apr.
81,470
85,953
;K.Y. Susq. & W.. February
109,659
iNortolk <fe West Istwk Apr 137.912
61,130
irtheast'n (S. C.) February
70,591
494,682 435,191
Worth'n Ceuti'al. February
Mortbern Paeitlc 2d wk Apr. 431,710 387,922
8,621
9,771
Ogd. & Lake Ch Wk Apr. "
21,351
25,302
Obiolnd. & \V.. IthwkFeb
81,475
Ohio&Mi.ss
82,884
1 St wk Apr
16,102
'Ohio&Nortbw.. .March
14,332
70i
889
Col. ife Maysv. March
10,144
11,201
Ohio River
2d wk Apr,
42,854
50,980
Oliio Southern.. March
3,398
4,764
Ohio Val. olKy. IthwkMch
33,61)1
54.536
Omaha & 8t. 1/ February
298,986 305,057
Oregon Imp. Co. February
JPennsylvauia
February 4,851.091 4,421,156
12,500
.feoriaDec.&Ev 2d wk Apr.
12.797
42,296
•Petersburg .... February
45,708
& Erie.. February
295,730 284,782
Phila.
*hila. & Read'g February 1,313,632 1,161.161
101,435
93.830
pittsb. & West'u February
37.693
30,485
Pitts.Clev.&T. February
17.7()0
12,710
Pjtta.Pain.&F.lFebruary
Total system 2d wk Apr.
43,763
42.6J0J
Ash. February
58,070
95,441
Pitts. Y. &
33,060
45,901
Pt. Royal & Aug. February
42,2311
PtRoy.&W.Car.ti euiuary
47,093
9,874'
Pres.&Arii.Cen. February
7.137
21,594
Quincy 0.& K.C. March
19,750
Klcli.&Dauville. .Vlarch
440,008 439.126
Vlr. Midland. iMarch
183,027 170.709
76.331
Char.Col.&Au. March
84,514
75,226
81.412
•CoL AGrceuv. March
88.639
75.401
West. No. Car. J.March
-Georgia Pac ..i March
141,400 108,715
Wash.0..t\V.. March
9,147
8,684
i&jsh V. & Spart. March
11,166
10,936
Total Sys'm.i 1st wk Apr 248,125 333,0 UO
23.364
27.806
Blob. & Petersh. February
Kio Gr. West.. Istwk Apr
22.315
18.000
4,300
Borne & Decatur .March.
8,200
333,128 267,335
Rome W. & Ugd. March...
Bag.TuscolaiVH. .March
7,885
8,694
15,8-24
BuL.A..<SiT.Lr.B's Istwk Apr
20.398
53.052
48,623
St.L. Ark.&Tex. 2dwk Apr.
4,384
8tL.DosM.<feN. March
7,230
95,327
107,500
fit L.& San Frail. 2d wk Apr.
83,144
Bt.Paul.il)urtli .March
108,511
gtP.Min.iMau. March
673.610 642,553
14,981
29,993
East, of Minn. March
70,98'
66,175
MoutanaCeut.. >farch
Total Sys'm. March
774,590 723,708
22,280
a.Ant.&Ar.Pi^s. Istwk Apr
27,422
11,331
13,114
8. JYan.&N.Pac. Istwk Apr
14,744
22,391
Sav. Am. itMon.i March
it E. 2d wk Apr.
6.900
4,310
Seattle T,. 8.
55.625
55,297
Scioto Val.iVN.E. -March
.March....
100.000
70,000
8Uenau<loah Val
126,316
South Carolina February
149,161
eo. Pacific Co.—
Oal.ilar.&S.A. February
285,588 287,115
Loaiie'a West.. February
80,026
71,696i

Mll.L.Sb.&Wesi 2d wk Apr,
Milwaukee <feNo iJdwk Apr.
Jtineralllange
March.

•

.

.

.

.
.

.

.

.

.

.

.
.

.
.

'

.
.

,

37,209
8,.=. 73,781
4,212.272
1,123,301
833,412
122,812

495,027
190,419
1,558,285
152,313
l,053.i01
4,970,999

245,428
1,053,203
45.302
1,916

155,749
133,904
45,992
104,79'

576,384

40,882
8,033,479
3,635.468
896.451

.

.

.

.

1

.

.
.

Tex. & N. Orl. February
Atlantic sys'ni [February
Paciflc sj'stcui February
Total of all iFcbriiary
.

?o. Pac.

.

402,084
8,112
110,932
879,939
2,077,984 2,268,685
2,979,952 3,148,623

.

.

.
.

129,102
449,580

.

.

150,241
74,259
11,850
52,585

.
.
.

Summit Branch. March
Lykens Valley March
Tal.& CoosaVal. March
Tenn. Midland- March

68,1.50

67,036
6,678
16,349
132,651
20,219
6,954
25,090
7,626
17,415
26,480
2,020

.

Texas & PaciUc. 2d wk Apr.
Tol. A A..fe N. M. 2d wk Apr.
Tol. Col.

&

2dwk

Cin..

Apr.

rol.& Ohio Cent. 2d wk Apr.
Tol.&O.Cen.Ex. February
.

&

Istwk Apr

West..
Tol. P.
K.C.
Tol. St. L.
Tol. &So. Haven.

2d wk Apr.

&

Union Paciflc—

847,301
17,718
237,392

829,783
24,916
318.145
1.967,044
4,146,322
6,113,366

March

136,664
461,018
159,815
78,479
11,583
51,565
92,128
70,535
5,931

15,086
112,113
18,974
4,754
20,341
7,751
16,098
14,760
1,715

1,882,039
4,781,357
6,663,395

S. L.

271,369
961,109
332,839
165,702
20,267
145,315
311,182
222.487
15,173
44.668
1,948,011 1,706,087
255,905
325,330
64,235
82,816
275,662
336,130
14,677
15,896
233,085
240,211
236,399
416,626
4,594
5,500
245,542
885.571
297,038
147,720
23,787
152.619
184,644
165,930
19,617
50,441

I

& U. N. February

401,009 400,142
222,663 257,430
Or.Ry.&N.Co.lFebruary
22,934
32,633
St.Jo.&O'dlsl. Istwk Apr
52,310
63,253
Den.Lead.&G.|February
All oth. lines. February 1,583,663 1,360,343
Or.

1889.

RK.—

No. Div. (Cal.) 'February
So. Div. (Cal.) February
Arizona Div.. February
New Mex. Div. February
Spar. Un. & Col. February
Btatcu I. Kap.T. March

.
.

.

.

.

'

2,375,774 2,159,058
55,586
95,606
Tot. cont'led February . 2,471,380 2,214,644
59,586
55,515
Montana Un.. February
2,037
2,18
Leav.Top. & 8. February
2,577
2,883
Man.Al.jc Bui-.jFebruary
i2 February
32,100
30,292
Joint.own'fi.
Grand total.! February •2,501,673 2,246,744
11,306
12,501
Vermont Valley [Februar.v
Wabash
2d wk Apr. 232,700; 216,100
44,742
39,379
Western of Ala. March
92,825!
76,548
February
West Jersey
61,020
69,3771
W.V.Cen.&Pitts. January...
56,1001
67,400
Wfst.N.Y. & Pa. 2dwk Apr.
16,971
22,730
Wheeling* L. E. 2d wk Apr.
88,830'
99,333
Wil. Col. & A"g. February .
67,912
103,104
Wi.scnnsin Cent. Istwk Apr
5,732
7,358
Wrights V. & Ten. February

Tot.U.P.Sys.lFebruary
Cent.Br.&L.L. [February

.
.

.
.

1

.

.

.

734,052
348,912
388,202
132,928
3,079.534
4.523.785
204.522
4,728,307
115,901
4,784
5,572
63,128
4,791,435
24,171
3,628,397
151,852
186,192
69,377

920,444
299,180
207, 140
1,138.050
14,983

new lines controlled, formerly reported

*

Including

t

Mexjcan currency.

fl

Main

860,996
522.425
294,633
109,326
2,821,497
4,490,955
113,169
4,604,124
121,604
4,935
5,327
65,933
4,670,058
23.722
3,171,616
152,291

159,507
61,020
819,851
342,879
176,753
889,505
11,869

separately,

Line.

Latest Hross Earnings by Weeks.— The latest weekly earnthe foregoing table are separately summed up as follows:
The preliminary statement for the second -week of April
comprises 33 roads, and .shows 11-15 per cent gain over last
inprs in

year.

123,1.52
415.4'24

184.718
1,316,385
132,067
899,940
4,806,690

229,344
999,225
42,306
2,383
133,871
137,584
28,67
72.541
603.693

9,993,402
195,641
88,769
623,542
2,880,362

8,949,902
200,079
84,967
543,352
2,634,463
216,949
204,132
70,328
69,192
33.291
35,702
577,2641
574,801

78 920|

62.472
84,244
80,985
17,614
31,799
61,731
55,485
1,379,276 1,344.735
516,679
447,973
256,394
240,896
218,576
266,049
225,196
232,829
344,004
488,071
21,957
35,323
30,17 7
32,022
3,437,134 3,014,146
55.042
47,451
350,684
329,383
25,850
12,500
902,075
723,570
18,860
20,862
300,970
2;;0,003
1,040,879
852,485
19,483
13,374
1,646,516 1,480,583
273,108
215,497
1.628,101 1,418,996
95,677
50,986
203,004
156,185
1,926,783 1,026,167
375,623
263,205
132,919
144.470
65,743
47.031
88,349
61.655
153,555
154.278
278,307
180.100
291,445
260,904

619,798
174,402

»
383.414
10.440
142.500
901,968

I

Morgan'.sL&T. February

N.Y.T.&Mex. February

1889.

798,284

.

.

1890.

1890.

613,075
166,552

2d week of

1890.

April.

Atlantic * Pacific
Buffalo Roch. & Pitts.

49.866
36,863
263.000
94.256
49.500
431,847
130.00J
25,149
5,339
15,885
319,428
21,375
41,302
122,661
62,649
21,923
32,833
387,922
10.144
12.500
42.620
48.623
95,322
4,310
112.113
18.974
4.754
20.341
14,760
216,100
56,100
16,971

.

.

Canadian Paciflc
Chesapeake & Ohio
Chicago & East. Illinois
Chicago Mil. & St. Paul..
Denver <t Rio Grande
Dulntb S. 8. <fe Atlantic.
Evans. & Indianap
Evans. & Terre Haute
Grand Trunk of Canada.
Louisv. Evansv. & St. L.
.

. .

.

Louisv. N. Alb.

& Chic.

.

Mexican Central
Milwaukee L.Sh.& West..
Milwaukee & Northern ..
New York Out. & West.
.

Northern Paciflc
Ohio River
Peoria Dec. & Evans
Pittsburg A. Western
St. Louis Ark. & Texas
St. Louis Oi San Francisco.
. .

Seattle L. 8. & Eastern
Texas & Pacific

..

Toledo Ann A.& No.Mich.
Toledo Col. & Cincinnati.
Toledo & Ohio Central.
Toledo St. L. & Kan. City.
Wabash (consol. system)
Western N. Y. & Penn.
Wheeling & Lake Erie...
.

3,128,080

Total (32 roads)

1889.

2,814,329

Net increase illlSp. c)
*

14,239

440
19.000
43.133
7.400
28.153
18,500
2,162

427
1,8.55

27,156
2,457
4,197
1.750
3.249
9.577
2.287
33,788
1,057

297
1.143
3.429
12,178
2.590
20.538
1.275
2,200
4,749
11.720
16,600
11,300
5.759

314,178
313,751

1.427

For week ending Ajuil 12.

For the first week of April the gain reaches 11-87 per cent
on 86 reads.
ls<

1890.

week of April.

Prev'ly report'd (35 roads)

& I'd roads
Bait. & Ohio Southw
'Central Vermont
At. Top. AS. F.

Chicago & (ii-and Trunk.
Chicago St. P. & K. City.
Chicago & West Mich

Cin.N.O.&T.P. (Sroads).
Cleveland Akron & Co!
.

Cleye. Cin. Chic.

* St. L

.

Colorado Midland

& cm. Midland
Detroit Bay C. & Alpena.
Detroit Lans. & North..
» Detroit Gr. H. & Mil...
Col

9
3.247.992
548.082
49.567
54.781
73,165
82.975
28,493
135,052
15,838
236,535
34.100
5.757
10.005

Decrease.

1889.

$
2.985.839
43-2.539

35.394
49.278
66.949
49.780
28.974
119.616
13.911

224.262
28.206

274,934
115.543
14,173
5,503
6,216
33,195

12,781

481
15,436
1,927
12,'373

5,894

186

21 .937

5,943
8,358
19.891

1,646
2,046

20,621

20.273

348

April

THE CHRONICLK

19, 1890.J

1st toeeh

1890.

of April.

East TenneesBe Va.

9

A Ga.

108.821 ,

Flint <fe Pore Marquette.
Florida t'eiit.& Peninsula.
Grand Rapids & Indiana.
Cincinnati R.&Ft.W...

Other

SS..").-)?

24.5H2
49..54<)

7,492
5.658
5,461
18,854
6,087
3.005
43.184

lines

Kanawha A Ohio
KauHas C. Mem. ii Birin.
Kcokulc& Western
Kintrston & Pembroke..
JLialte Krio & Western

Increase.

1889.

$

i,i53

4,037

627
1,250

952
4.072

Total '86 roads)

5,984,270

5,349,393

354.30.^

Ohio

82.884
40.812
248.125
22.315
32.633
20.398
27.422

35.162
67.748
9,697

.

A Mi.ssissippl
Pittsliurir A Western
Rich.
I>anv. (8 roads)

A

9.771

.

Klo Grande Western

A Gr. Island..
San Antonio A Ar. Pass..
San Francisco A No. Pao.
Toledo Peoria A Western.
St. Josepli

St L.Alt,

AT. H. Brches.

11.331
17,415

Net increase '11-87 p. c.)
* For wee k ending April

598
787
43.940
4,824
5.811
1,648
1,150
1,409

15,125
4.315
9,«99
4,574
6,142

July

1,783

21,065

5.

—

OroKi Eamxngs.
1890.
1889.

,

Allegheny Valley... Feb.
Jan. 1
Atch. Top.
Jan. 1
July 1

.

175,390
162,609
358,913
331,678
2,095,493 1,756,165
4,268,758 3,590,929
19,270,760

to Feb. 28...

AS. Fe..Feb.

to Fea. 28...
to Feb. 28...
Roads jointly owned:—
Feb.
Atchison's half
Jan. 1 to Feb. 28...
July 1 to Feb. 28.

125,820
231,717
937,374

.

Whole system

108,817
253,228

Feb. 2,221,313 1,864,973
Jan. 1 to Feb. 28... 4,500,475 3,844,148
July 1 to Feb. 28... 20,208,135 18,988,221
23,382
36,000
Atlantic A Danville. Feb.
44,882
Jan. 1 to Feb. 28...
70,580

.

Net Earninu'.
1890.
1889.

70,873
136,708
633,019
1,306,432
6,921,191

.

66,895
138,276
396,150
774,739

15,391 det. 13,307
24,331 def 4,042
9,'.,980

648,410
1,330,766
7,017,171
16,600
32,080

382,773
770,697
5,066,103
10,756
21,156

Baltimore A OhioLines Ea.stOhioRiv.Mch 1,511,903 1,33 558
492.200
421,418
Jan. Ito.Moh. 31... 4.305.798 3,682,1902 1 ,305,759 1,039,368
Oct. 1 toMch. 31... 9,195,529 7,598 522 3,20(1,117 2,318,7.59
LinesWestOhioRiv.Mch
8". 269
449.550
391, 285
66,479
Jan. 1 toMcU. 31... 1.249,564 1,097 935
179.875
89,430
Oct, 1 toMch. 31... 2,702,757 2,401 08
564,851
368,047
Total System
Mch. 1,961,459 1,721, 43
572,469
487,897
5,555,362 4,780, 897 1,485,634 1,128,798
Jan. Ito .Moh. 31.
Oct. Ito Mch.31... 11, 898,280 9,999, 30 3,770,971 2,686,800
Bait. A O. South w... Jan.
188,.521
179, 906
61,180
50,169
Bjlt. & Potomac.... Feb.
121,519
113, 74
23,511
19,882
Jan. 1 to Feb. 28...
255,618
229. 475
57,567
52,774
Buff. Roch. A Pitts.. Feb.
144,511
147, 489
55.636
.37,194
Jan. 1 to Feb. 28...
262,277
330 876
82,218
94.213
Oct, 1 to Feb 28...
759,499
900, 997
224,228
3ul,766
Camden A Atlantic. Feb.
37,612
29, 126
def. 476 def. 5,210
Jan. 1 to Feb. 28...
73,095
65, 167 def. 16.067 def. 15,149
Canadian PaciBc
Feb.
886,008
844,,046
162.449
150,544
Jan, 1 to Feb. 28... 1,857,149 1,741,,984
351,253
301,507
CapeFr. &Yad.Val..Moli.
48.352
35, 607
20,317
17,800
Jan. 1 to Mch. 31...
132,6.32
102,,367
59,876
51,43,>
April 1 to Mch. 31...
428,667
347,,636
191,804
102,398
Ccnt.RR. AB.Co.Ga.Feb.
715.408
658 ,807
1 17,042
208,516
Jan. 1 to Feb. 23... I,5f9,375 1,349,,502
428,596
439,217
July 1 to Fob. 28... 6,220,456 5,472,,708 1,913.090 2,029,141
Cent, of New Jersey.Feb.
821,702
843,,608
269,145
331,450
Jan. 1 to F^b. 28... 1,715,676 1,888, 527
610,542
802,944
Central Faclflc
Feb
88 1 .031
965,.176
2,484
250.559
Jan. Ito Feb. 28... 1.743, 1(X) 2,049;,943
56,290
443,16.)
Chesapeake A Ohio. Feb.
575,000
425,,000
123,000
75,000
Jan. 1 to Feb. 28... 1.160,000
868,,000
224,000
170.000
July 1 to Feb. 28... 4,695,235 3,561,,818 1,317.696
783.206
t'hes. Ohio A South. Fob.
150,200
163,,910
53,816
71,960
Jan. 1 to Feb. 28...
329,198
334 ,230
120,478
147,501
Chicigo A Atlantic. Jan.
230,313
169 ,651
56.145
7,479
Chic. Burl. A North. Feb.
160,940
149 ,203
72,214
52,671
Jan. 1 to Feb. 28...
279,940
307 ,831
101,949
103,082
Chic.Burl.A Qulney'.Feb. 2.589,410 2,412 ,332
789,096
627.855
Jan. 1 to Feb. 28... 5,306,820 4,876 ,958 1,74-1, 884 1.237,805
Chic. Mil. A St. Paul.Feb. 1.793.146 1,676 008
442,551
395.072
Jan. 1 to Feb. 28... 3,587.557 3,332 ,518
895,795
789,241
July 1 to Feb. 28... 18,378,857 17,646 158 6,816,448 6,40J,69.:
Chic. St. P. A K. City.Feb
3 12,369
212 858
49,477
48,853
Chic. A West Mich.. .Feb.
103,666
98 718
35,851
13,320
Jan. 1 to Feb. 28..
201.926
196 ,561
57.600
31,466
Cin. N. O. ATex. Pac.Feb.
327,096
263 .257
109.000
74,000
Jan. 1 to Feb. 28...
686,387
582 .635
237,000
195,000
July 1 to Feb. 28... 2,875,417 2,489 .867 1.136,000
852,333
New Orl. A N'east.Feb.
93.107
88. 132
24,000
18.788
Jan. I to Feb. 28...
197,826
188 ,940
59.000
49,0!»3
July 1 to Feb. 28...
770,362
683 ,142
22:.',000
161,093
Alal)ama A Vick.s.Fcb.
50,118'
48 .475
11,000
17,000
Jan. 1 to Feb. 28...
118,436
105 ,328
34,000
42.000
July 1 to Feb. 28...
465,004
391 ,553
145,000
139,000
.

,

R. Grande. Feb.
528,128
Jan. I to Feb. 28... l,134,iil9

DenverTcx.

A Ft. W.Feb.

Jan. 1 to

roads making returns will be brought together liere once a
month in the week in which we publish our monthly article on
Soadt.

32,537
07,106
320,235
880,328

Jan. 1 to Feb. 28...
July 1 to Feb. 28...
Clev.Cln.Chlc.A8t L.Feb.
Jan. 1 to Feb. 28... 1,837,601
July 1 to Feb. 28... 8,343,595
Clev. A Marietta
19,209
Jan.

1 to

1

'.

:.'

J...

Jan. 1 to Feb. 28...
Det. Laus. A North .Feb.
Jan. 1 to Feb. 28...
.

East Tenn. Va. A Ga.Jan
July 1 to Jan. 31...
Jan.
Knoxv. A Ohio
July 1 to Jan. 31...
Total system
Jan.
July 1 to Jan. 31...
Eliz. I.ex. A BiK San. Feb.
Jan. 1 to Feb. 28...
Flint

A

Pere Marq..Feb.

Jan.
Gi).

—yet Earnings
1890.

$

,.

1880.

1

218,200
492,800

50,690
104,320
438,915
49,012
1<H),884

489,900
30.030
58,1«1
2.52,915

11,000
30,000
150,000
13,506
25,42 L
134,991
7,606
13,895
99.310

»

841,434

285,860

1,712,647
7,721,407
19,740

001,174
2,921,772
3,616
175,881
391,876
43.000

407,077
1,069,669
158,001

16,000
28,000
132,O0a
1 1,821
14,922

,

94,171
8,.5<!2

15,272

77,43*
241,980
4^8,846
2,582,760
3,117
156,258

313,659
7,180
21,770

1 1 8.(M)0
326,900
1,614,533
609,739
34-1,241
51.331
41,347
29,201
20,055
90,821
80,262
46,346
37,957
82,500
75,760
19.352
9,H(Kf
160,400
152,187
i7.r,in
33,906
602,174
467,635
268,460
130,370
3,830,214 3,165,083 1,637,352 l,044,30e
53,519
43,006
20,376
15,894
356,024
305,931
127,645
120,78«
655.693
510,641
288,836
146,274
4,186.268 3,471,014 1,764,997 1,165,098
54.642
64,01
.19,941
21,910
113,640
138,370
40.325
39,567
252,454
171,507
70,462
39,6 1»
480,565
373,569
123,430
87,70«.
160,916
157,217
153,403
65,554
368,224
342,948
151,750
16l,77»-^
48,439
19,023
18,077
9,702
100,352
33,643
37,293
16,322^;

Veb. 28... 2,06rf,14(i

Bay City A Al.Feb..

Det.

1.317
35,1U2

655,942
631,877

A Canton. Feb.

Denver A
1.808

1889
«

.

Cleveland

143

Net Earnings Monthly to Lafe-t Dutes.— The following
shows the gross and net earnings to latest dates of all railroads
furnishing monthly statements. The compilation includes
every road from which tee can get returns of this character.
It is our intention to bring this compilation forward in its
present complete form every month hereafter, say about the
20th of the month.
We shall of course continue to publish the
early returns Jrom week to week, as soon as issued, the
the same as now, but for the convenience of our readers all the
net earnings.

1890

N. O. A T. r.—iCnnt. )Vlcks. 8b. 4 Pac.Feb.
51.001
Jan. 1 to Feb. 28...
117,.576
July 1 to Feb. 28...
486.44'i
Clev. Akron A Col... Feb.
57,793
Jan. 1 to Fel>. 28...
117,281
July 1 to Feb. 28...
519,174

Cin

8,461
14,608

4,.^09

103,104

Nashville...
Charleston.
Mexican National
•Now London Northern..
'Oprdensburj? A LakeCh.

9

»

100,360
48.947
25,735
45,512
8,119
4.408

Wisconsin Centi-al

A

Memphis A

-Qratt Earnltifn.

Decretue.
Rottdi.

14,782
5,944
3,603
42.397
310,365
30,338
01.937
11,345
8,621
81.475
42,620
233,000
18.000
22.934
15.824
22.280
13.114
16.098
67,912

Louisville

667

to Feb. 28...

RR. ABk. Cot. .Feb.

Jan. 1 to Fob. 28...
Ga. Southern A Fla. Feb.
Jan. 1 to Feb. 28...

;

S.

£

Jan. 1 to Feb. 28...

275,835
574,396

Chic. A Grand Tr..Feb.
Jan. 1 to Feb. 28.
Det. Gr. H. A Mil. .Feb.
Jan. 1 to Feb. 28...

.57,436

,50,566

120,135
15.620
32,305

102,698
13,474
29,173

Gland Trunk of Cau.Feb.

202„374
546,559

£
55,186
120.804
11,245
25,050
1,338
2,423

$

49,737.
108,854
9,696
21,041

738
2,23«

8

>

27,975
A St.P.Feb.
18,,966
6,118
415
Jan. 1 to Feb. 28
38, 124
9,768
654
51,2U
Mch. 1,090,730 1,063, 261
Illinois Central
;2?0,498
:355,628
Jan. 1 to Mch. 31. 3,429,053 3,288, 218
;906,019 :i, 197,486
July 1 to Mch. 31 11,174,134 9,659, 101 :4,002,866 :3,469,17rt
8,,146
Cedar Falls A M..Mch.
7,032
def. 6,782
def. 9.5ft
17,644
Jan. 1 to .vich. 31...
21, 142 def. 17,592 def. 4.261
70,264
July 1 to Mch 31...
73; 342 dot 47,195 def. 12,133
158,369
146, 582
48,819
Dub. A Sioux C.Mch.
45,920
446,027
390, 188
73.374
Jan. Ito .Mch. 31...
81,697
July 1 to Mch. 31... 1,479,669 1.364, 528 11396,915 11301,351
165,401
154 ,728
Total Iowa lines.. Mch.
42,037
44,97»
463,671
411, 330
Jan. 1 to oh. 31...
.55,782
77,436
July Ito Mch. 31... 1,.549,933 1,437 ,870
349,720
289,218
29.,574
Ind. Dec. A Western. Feb.
38,502
5,609
16,294
Jan. 1 to Feb. 28...
61,916
73,721
8,964
27.490
Feb.
Iowa Central
136,522
128,656
60,912
42,258
258,290
245,317
Jan. 1 to Feb. 28...
86,959
64,S74
J ack.Tampa A K. W.5 Feb
62,142
64,658
27,290
26.506
133,771
121,775
Jan. 1 to Feb. 28...
62,110
45,083
Kan. C. Ft. 8. A Mem Feb
362,400
388,740
86,811
134,86.'»
to Feb. 28...
772,426
Jan. 1
771,470
200,036
2:}6,54t»
July 1 to Feb. 28... 3,359,070 3,084,461 1,105,591 l.(>67,02<i
Feb
72,159
65,436
29,725
26,077.
Kent ucky Central
143,541
134,284
57,753
Jan. 1 to Feb. 28...
44,»*y
11,77«
25,566
Keokuk A Western.. Feb.
28.080
9,265
19,477'
52,125
26,886
Jan. 1 to Feb. 28...
60,406
202,3^1
77,161
196,115
84.948
Lake Eiie A Wesfu.Feb.
414,198
388.775
162,894
1.55,945
Jan. 1 t« Feb. 28...
19,353
63,620
20,9Ci»
Little Rock A Mem Feb
51,894
,
46,294
111,537
116,338
•46.599
Jan. 1 to Feb. 28...
517,52-2
Louisv. A Nashville. Feb. 1.496,846 1,346,528
588,980
Jan. 1 to Feb. 28... 3,068,173 2.745,375 1,202,703 1,077,2»'
July 1 to Feb. 28... 12,787,330 11,052,631 5,257,091 4,291 ,91 0^
Louis. N.O. A Texas. Jan
375,005
256,609
143,815
81.034 g
38.790'
102,520
46.368
Memphis A Cha'st'n Jan
172,514
969,746
371,841
203,823
July 1 to Jan. 31.. 1,09U,958
Jan
587,045
516,672
218,139
241,406
Mexican Central
289.350
53,115
Mexican National . Feb
303,816
66,084
576.987
to Feb. 28..
635,913
136,133
Jan. 1
109.789 •(
Louis. ..Feb
27.994
Minn. A St.
101,276
93,172
32,320
176,562
Jan. 1 to Feb. 28..
206,061
60.739
50,858
July! to Feb. 28.. 1,062,618
915,701
388,766
288^499
Miun.St.P. AS.S.M Feb
153,110
101,782
25.086
31!, -n8:
Jan. 1 to Feb. 28.. .
358,807
194,857
111.474
54,80r
Nash, nhatt. ASt. L.-J.Mch
271,182
290,839
o86,423
115,6ia
to Mch. 31.. .
Jan. 1
859.083
859,546
326,025
353.798
July 1 to Mch. 31.. . 2,099,908 2,494.810 1,085.269 1.036.125 New Brunswick
Feb,
60,249
58.531
6,424
17,254
Jan. 1 to Feb. 28...
123,230
117,151
23,108
30.7a&^
July 1 to Feb. 28..,
624,359
584,282
190,018
170,lSt

Green Bay W.

. .

.

. . .

.

.

.

.

. .

.

'

.

New

Orloan-s

A Gulf .Feb

11,520

11,517

Jan. 1 to Feb. 28...
26,206
26.976
N. Y. L. E. A Wesfn.Feb 2,056.487 1,711.177
Jan. 1 to Feb. 28... 4,212,272 3,035.468
Oct. 1 to Feb. 28... 11,684,306 10.599,885
N. Y. A New EnKl'd.,Tan.
434.407
41 2.573
July 1 to Jan. 31... 3,485,804 3,310.864
N. Y. A Northern. . .Feb.
38.521
38,367
Jan. 1 to Feb. 28...
79,147
77,579
Oct. 1 to Feb. 28...
219,741
N. Y. Oat. A Wesfn.Feb,
133,035
1 13,423
Jan. 1 to Feb. 28...
255,653
225,838
Oct. 1 to Fob. 28...
725,258
628,286
Norfolk A Western.. Feb.
438,294
403.019
Jan. 1 to Feb. 28...
955,389
801.084
Northern Central
494.6SL'
Feb
435,191
Jan. 1 to Feb. 28... 1,053,8^1
899,940
.

1,016
3,218

707,995

lor
def.403
582,476

1 .320.464
3.955,904
128.245
1,317,307
2,633
5,501
21,265
14,674
25.446

1.125,003
3.631,775
96,407
1,198,83T
3,771
7,358

9.-..070

48,205
133,886
244,565
122,270
271,788

126,034
318.411
113.084
308,483

7,506
12.605

668
.

Soads.

Orm$ Eaminas.
1890.
•6

,

,

1889.

Jan. 1 to Feb. 28... 2,460,308 2,376,557
July 1 to Feb. 28... 15,115,674 12,997,498
Ohio & Mississippi.. Feb.
303,368
289,265
Jan. 1 to Feb. 28...
623,136
608,187
July 1 to Feb. 28... 2,877,423 2,736,653
Ohio Klver
Feb.
42,951
33,918
Jan. 1 to Feb. 28...
91,636
72,011
Oregon Imp. Co
Feb.
298,986
305,057
Jan. 1 to Feb. 28...
576,384
603,693
Dec. 1 to Feb. 28...
907,027
939,276
Pennsylvania
..Feb. 4,851,091 4,421,156
Jan. 1 to Feb. 28... 9,993,402 8,949,902
Petersburg
Feb.
45,708
42,296
Jan. 1 to Feb. 28...
84,967
88,769
July 1 to Feb. 28...
275,896
303,756
Philadelphia* Erie. Feb.
284,782
295,730
Jan. 1 to Feb. 28...
623,542
543,352
Phlla. & Beading.. ..Feb. 1.313,632 1,161,161
Jan. 1 to Feb. 28... 2,880,362 2,624,463
Dec. 1 to Feb. 28... 4,535,304 4,024,975
Pittsburg* West'n.Feb.
101,425
93,820
Jan. 1 to Feb. 28 ..
216,949
204,132
July 1 to Feb. 28...
941,086
898,508
Pitts. Cleve. ATol. Feb.
37,693
30,485
Jan. 1 to Feb. 28...
70,328
69,192
July 1 toB'eb. 28...
317,734
331,889
Pitts. Paines. & F.Feb.
17,760
12,710
Jan. 1 to Feb. 28...
35,702
33,291
Julyl toFeb. 28...
178,655
202,137
^'otalsystem
Feb.
156,879
137,015
Jan. 1 to Feb. 28...
322,980
306,614
July 1 to Feb. 28... 1,437,475 1,432,534
Pitts. Youngs.&Ash. Feb.
95,441
58,070
Pr'scott& Ariz. Cent. Feb.
67,137
9,874
Jan. 1 to Feb. 28...
17,614
21,799
Quin. Omaha & K.C.Feb.
17,709
20,005
Jan. 1 to Feb. 28...
35,735
40,138
Klchm'd&Danville.Mch.
440,008
439,126
Jan. 1 to Mch. 31... 1,379,276 1,244,735
July 1 to Meh. 31... 4i051,081 3,644,950
Virginia Midland. Mch.
183,027
170,709
Jan. 1 to Mch. 31...
516,679
447,973
JiUy 1 toMch. 31... 1,709,207 1,436,802
Char. Col & Aug. Mch.
81,514
76,331
Jan. 1 to Mch. 31...
256,394
240,896
July 1 to Mch. 31...
731,673
729,820
Columb.&Green^.Mch.
81,412
75,226
Jan. 1 to Mch. 31...
266,049
218,576
July 1 to Mch. 31...
695,455
572,331
West No. Carolina. Mch.
81,172
88,639
Jan. 1 to Mch. 31...
230,967
232,829
July 1 to Mch. 31...
658,317
594,126
Georgia Paclflc.Mch.
141,400
108,715
Jan. 1 to Mch. 31...
488,071
344,004
July 1 to Mch. 31... 1,359,963 1,048,835
Wash.Ohio&West Mch.
8,684
9,147
Jan. 1 to Mch. 31...
25,322
21,957
July 1 to Mch. 31...
100.813
91,392
Ash.&Spartanbg.Mch.
10,936
11,166
Jan. 1 to Mch. 31...
32,022
30,177
July I to Mch. 31...
98,450
93,679
Total of aU
Mch. 1,031,153
979,059
Jan. 1 to Mch. 31... 3,194,780 2,781,146
July 1 to Mch. 31... 9,404,958 8,211,934
Rich. & Petersburg. Feb.
27,806
23,364
Jan. 1 to Feb. 28...
55,042
47,4.51
July 1 to Feb. 28...
203,970
181,744
Bio Grande Wcst'n.Feb.
99,454
95.833
Jan. 1 to Feb. 28...
216,279
217,733
July 1 to Feb. 28... 1,052,068
983,318
Eome Water. &Ogd. Mch. 333,128
267,335
Jan. 1 to Mth. 31...
902,075
723,570
Oct. 1 to Mch. 31... 1,880,728 1,604,518
St.L.Alt.&r.H.bchs.Jan.
97,440
78,603
•8t.L.&8anFr'ncisco Feb.
480,383
401,135
Jan. 1 to Feb. 28...
029,157
830,372
St. Paul&Duluth...Feb.
77,354
72,234
Jan. 1 to Feb. 28...
164,597
132,353
July 1 to Feb. 28...
954,704
San Fran. & No.Pac.Feb.
c36,565
44,595
Jan. 1 to Feb. 28...
72,035
88,014
July 1 to Feb. 28...
495,339
480,612
Shenandoah Valley. Feb.
86,692
57,378
Jan. 1 to Feb. 28...
178,307
110,100
•

Jan. 1 to Feb. 28...
Ix)uisiana West'n.Feb.
Jan. 1 to Feb. 28...

Jforgan'sLa.&Tex.Feb.
Jan. 1 to Feb. 28...
If. Y.

Texas &Mex. Feb.

Jan. 1 to Feb. 28 . . .

Tex. ANewOrl'ns.Feb.
Jan. 1 to Feb. 28...
Total Atlantic sys. Feb.
Jan. 1 to Feb. 28...
Tet.Paciflcsy8teni.Feb.
Jan. 1 to Feb. 28...
Total of all
Feb.
Jan. 1 to Feb. 28...

Bonthem

Pacific

285,588
619,798
80,026
174,402
383,414
829,783
10,440
24,91

287,115
613,075
71,696
166,552
402,084
847,301
8,112
17,7 1 8

142,.500
110,932
318,145
237,392
901,968
879,939
1,967,044 1,882,039
2,077,984 2,268,685
4,146,322 4,781,3.57
2,979,952 3,148,623
6,113,366 6,663,395

S
382,940
666,172
6,541,022
75,488
148,042
949,063
17,109
38,330
15,594
7,688
24,732
1,395,131
2,701,177
19,866

11,422
68,558
4,506
8,319
52,116
53,767
112,407
536,585
40,575
63,863
10,899
4,864
8,968
172,077
612,959
1,7.57,876

59,246
144,205
604,569
30,660
96,338
258,312
28,126
113,836
272,464
29,664
82,384;
18I,.527

def. 3,976

129,102

Jan. 1 to Feb. 28...
Southern Division. Feb.
Jan. 1 to Feb. 28...
Arizona Division.. Feb.
Jan. 1 to Feb. 28...
Hew Mexico Div.. Feb.
Jan. 1 to Feb. 28...

245,-542

Statenl.BapidTian.Feb.
Jan. 1 to Feb. 28...
1 to Feb. 28...

885,.571

136,664
271,369
461,018
961,109

150,241

1.59,815

449,580

297,038
74,259
147,720

332,839
78,479
165,702
48,418
43,808
100,034* 93,750
271,214
263,035

1890.
tit

Summit Branch

5,l-'3,708

8,241

— Ornss EamingK.

Roadt.

427,485
766,682

41,487
116,927
55,187
141,144
465,802
1,069,559
1,735,059
41,019
92,665
415,911

Vol. L.

$

64,571
150,803
762,744
13,167
25,914
13,541
1,141
1,373
1,391,442
2,472,238
12,423
32,701
75,938
88,327
126,791
403,984
1,028,346
1,592,681
34,758
75,565
359,782
2,190
4,496
82,945
def.461
4,012
76,904
36.487
84,073
519,632
12,460
6.204
14,289
7,349
12,946
197,135
552,298
1,58J,530
70,868
147,033
525,255

I

Jan. 1 to Feb. 28...
June 1 to Feb. 28...
I

Toledo & Ohio Cent Feb.
Jan. 1 to Feb. 28...
July 1 to Feb. 28...
Tol. &OhioC.exten..Feb.
Jan. 1 to Feb. 28...
Tol. Peoria & West. Feb.

i

I

(

.

Jan. 1 to Feb. 28...

July 1 to Feb. 28...

Union PacificOregon 8.L. &tJ.N.Feb
Jan. 1 to Feb. 28...
Ore. By. & N. Co.d. Feb.
Jan. 1 to Feb. 28...
St. Jos.

.

Montana Union

Feb.
Jan. 1 to Feb. 28...
Leav. Top.& S. W..Feb.
Jan. 1 to Feb. 28...
Man. Alma & Bur. .Feb.
Jan. 1 to Feb 28...

10,160
10,401
153,510
122,108
7,365
3,208
19,643 def. 34,338

29,839
29,826
87,199
93,821
41,933
21,407
91,596
72,211
103,389
111,641
246,454
261,249
def. 7,426 def. 6,546
def 1 1 ,048 def. 16,551
60,449
19,000
140,794
53,207
228,184
175,329
554,995
463,937
225,249
588,346
526,197 1,169,769
4.53;433
763,674
1,081,192 1,633,705
.

38,056
42,607
60,229
81,836
108,342
111,187
186,562
232,259
53,916
44,790
101,698
97,404
27,637
27,872
56,030
58,334
5,535
2,496
2,240 def. 1,608
25,508
24,968

30,292
63,128
2,.501,673

Jan. 1 to Feb. 28... 4,791,435
Feb.
986,839
Jan. 1 to Feb. 28... 2,108,748
July 1 to Feb. 28... 9,381,439
West. N. Y. & Penn. Feb.
251,872
Jan. 1 to Feb. 28...
508,144
Oct. 1 to Feb. 28... 1,412,082
Feb.
92,825
West Jersey
Jan. 1 to Feb. 2S. .
186,192
Jan.
69,377
West Va. Central
Wheeling & L. Erie. Jan.
82,859
July 1 to Jan. 31...
572,988
320,054
Wisconsin Central . Feb
645,633
Jan. 1 to Feb. 28...
JiUy 1 to Feb. 28... 3.131.074
7,358
Wrigh ts V. & TennlUe. Feb
14,983
Jan. 1 to Feb. 28...
July 1 to Feb. 28...
59,810
.

.

1889.
Q>

72,457
142,355
73,356
304,128
2.57,430 def.l 6,477
8,906
522,425def.ll7,134
39,497
26,741
88,834
35,633
45,241
176,710
90,359
52,310 def. 21,507 def. 14,670
109,326 def. 56,095 def. 42,478
400,161
1,360,343
501,407
875,432
805,103
2,821,497
2,159,058
571,514
563,493
4,490,955
865,917 1,151,491
55,586
34,732
10,389
113,169
83,076
19,976
606,246
2,214,644
573,881
4,604,124
948,993 1,171,467
59,586 def. 9,203 def. 14,075
121,604 di f. 99,048 det. 42,218
2,037 def. 2,799 def. 3,324
4,935 def. 6,026 def. 5,170
2,577
773
376
5,327
1,410
1,160
32,100 def. 5,614 def. 8,512
65,933 def. 51,832 def 23,114
2,246,744
600,632
.565,370
4,670,058
897,160 1,148,353
918,982
242,215
234,284
356,902
1,817,619
572,232
8,695,821 2,849,007 2,048,693
222,947
33,627
73,828
470,237
141, .579
81,021
1,317,421
390,052
299,194
11,323
76,548
19,193
159,507
11,937 det. 11,8.55
61,020
21,728
17,740
73,044
30,980
28,277
196,949
520,-599
228,024
234,531
94,492
25,593
491,165
174,157
66,915
2,646.428 1,202,978
780.002
714
2,082
5,732
2,531
11,869
5,958
51,311
24,985
10,706

* Includes controlled roads.
t There was expended $19,827 for
rails and new freight cars in Feb., 1890, which is deducted
Net earnings are stated over and above outr
from net earnings.
J
lays for improvements, &c.
IT $116,850 exjiended for permanent
Improvements for the nine month-', against $107,223 last .tear, both
u Operating excharged to capital account.
5 Main line only.
penses include if21,203 paid for transferring freight via Guthrie on account of destruction of two spans of Johusonville bridge by a cyclone
6 Teu days' loss of business caused by washFebruary 23, 1890.
outs in February, 1890.
c Eleven wet days in February, 1890,
rf Earnings include the rail lines
against fair weather last year.
only, and not the water routes.

new steel

I

i

•

I

ANNUAL REPORTS.
Ann Arbor & North Michigan Railway.

Toledo

December 31, 1889.^
M. Ashley, remarks in his report that

('For the year ending

cdef .4,164

def. 8,686

63,253
132,928
1,583,663
3,079,534
2,375,774
4,523,785
95,606
204,522
2,471,380
4,728,307
55,515
115,901
2,187
4,784
2,883
5,572

Feb.

334,1.56

7,802
7,680

Eaminai'.—'^

ffi

400,142
860,996

Wabash

53,694
239,959
681
110
def. 1,552 def.2,010
19,837
21,630
2,017
879
5..597
dof.723
11,217
15,376
318,495
372,180

336,487
115,675
257,740
657,089
26,763
157,365

y^t

1890.

92,123 def.1,748 def.2,094
311,182 def. 23,110
44,394
70,535
3,947 def. 13,564
222,487 def.10,786 def.3,383
13,228
2,280
4,105.
16,960
10,726
6,741
35,700
19,873
15,968
158,906
102,861
64,069
36,-64
77.173
27,169
1.58,629
49,735
73,610
798,604
381,771
25.5,191
7,751
3,706
3,939
14,677
7,870
7,338
77,712
20,919
25,135
145,724
35,419
39,542
144,652
622,324
154,419

228,3.58

Jan 1 to Feb. 28...
Grand total
Feb.

96,.558

333,036
160,028
387,334
852,639
43,632
220,352
405,747
10,848
23,553
299,468

r

Wnes jointly owned—
One-half

233,413
34,677
58,176
115,018
10,780
60,950
207,821

1,005,765
2,988,150
11,715
20,207
53,948
28,031
72,158

&Gd. Isl.-.Feb.

Jan. 1 to Feb. 28...
Den. Lead. & Gun. Feb.
Jan. 1 to Feb. 28...
All other lines
Feb.
Jan. 1 to Feb. 28...
Tot. Un. Pac. Sys.. Feb.
Jan. 1 to Feb. 28...
Cent, Br. & L. L...Feb.
Jan. 1 to Feb. 28...
Total controlled. . Feb.
Jan. 1 to Feb. 28...

(li

401,009
734,052
222,663
348,912
105,186

Tennessee Midland. Jan.
Toledo Col. & Cincin.Feb.

,

,

1889.

68,150
184,644
67,036
165,930
16,492
22,924
43,993
208,383
88,090
183,890
913,694
7,626
15,896
77,919
149,619
641,245

. .

25,.599

1,107,461
3,345,759
9,701
17,647
59,817
22,844
45,762

Mch.

Jan. 1 to Mch. 31
I.ykens Vallev... Mch.
Jan. 1 to Mch. 31...

93,483
287,108
32,132

EK.—

Coast (No'th'n)Div.Feb.

Oct

We/ Earniniia.
1889.
1890.

St

Northern Pacific ...Feb. 1,282,908 1,193,159

Southern Pacific Co.—
Gal. Har. &S. Ant.Feb.

THE CHEOKIGLE
—

The President, Mr.

J.

the expenses incident to the operations of new mileage,
improvements in terminals and side tracks made necessary
by the increasing volume of traffic, the further improvements
in the machine shops at Owasso, have caused comparatively
larger expenses for the year 1889 than any previous year, to
wit, 67 33-100 per cent.
" The earnings for the first three months this year indicate
gross earnings of $1,450,000, and net earnings of $250,000,
after paying all' expenses and fixed charges. While this
result might justify the payment of a 4 per cent dividend, it
has been decided to continue the present policy of liberal
expenditures for betterments and improvements in the expectation that regular 5 per cent dividends can be safely paid in
*
*
1891 and thereafter regularly continued."
"The character of the traffic has also changed, the north (53
per cent) being
per cent) and south-bound loaded cars (47
nearly equal, and the actual tonnage, calculated on miles,
moved 60 per cent north and 40 per cent south-bound, which
fact will produce better net results in the future than the past
five years have shown, when the tonnage averaged 75 per
cent north and 25 per cent south-bound.
" The Toledo Ann Arbor & Lake Michigan Railway soon to be
consolidated with this compauy. lias been completed toa jimction with tlie Manistee & North Eastern and the Frankfort &
South Eastern railways, with this which company, operating
the Lake Michigan Road, has recently perfected favorable
The region traversed by these three
traffic arrangements.
railways, all tributary to the Ann Arbor Road, is one of the

—

t%\t

..

April

THE CHRONICLE.

19, 1890. J

A

559

number
and hard-timber regions in the world.
of first-class saw mills have been erected on the main line and
spm-s, and, by June 1 of 1890, increased quantities of lumber
will begin to move on these mills over the entire length of
the Ann Arbor Road, and add largely to the company's
revenue." » » *
" The railway from Durand, via Saginaw and Bay City, to
Saginaw Bay, now known as the Cincinnati Saginaw

plan of reorganization of said property. The diminution of
O. Railway Co. first preferred stock arisea
$182,454 in C.
from an adjustment in the accounting with said companyunder the lease.
The assets and liabilities of the company December 81,
1889, were as follows:
O.

AG.

Mackinaw, has been completed, and has already become a
valuable feeder to this company, and a revenue from that
source is expected during this and succeeding years." * *
" Two parlor cars, 5 locomotives and 360 freight cars were
added to the equipment during the year, and payment for the
same made by the sale at par of $350,000 first mortgage bonds

(;.

dc

0.

&

finest pine

&

•

held in the Treasury.
" The surplus of the bonds thus sold was applied to the
reduction of the floating debt, which has become nominal
only, the credits and debits nearly balancing. Consolidated 5
per cent 50-year bonds, to the amount of $10,000,000, have
been authorized, (1) to provide for and to retire the divisional
bond now outstanding, viz. $5,040,000 and (2) to provide
the means of completing its system, as eight out of eleven
directors may from time to time order, at a rate not exceeding $18,000 per mile for new road constructed or acquired."
The comparative statistics for four years, compiled in the
ujual form for the Chronicle are as follows
OPERATIONS AND FISCAL BEgULTS.
:

;

&

ASSETS.

Railway, first r referred stock
O. Railway, Fef otid iireferred stock
O. Railway, M>nuuon stoik

E L. Ali. 8.
O. O.
S. W.
C. O. AS. W.

4

$244,739
1,526,000
3,137,340

RR Co.. capital nock
RR common stocks
KB Co., preferred stock

1.0.55,500

5,708,700
8,511,800
1,879
128,736
112,920
45,293
16,166
124,211
13,237
25,943
2,403
1,058,662
4,514
2,257
139,931
27,726
26,276
198,695

,

Cash, general ollioe
•'
loral otHces
Femittanci s in transit
Agents and conductors
Hills receiVBble
Sundry road" and persons
U. 8. Post Ofllce Do|iaitii)ciit

Unadjusted open accounts

&

C.
O. Railway Co
C. O.
8. W. KR. <:o

E. L.

Troy

&

&

B. 8.

KB. Co

4 Tipton vlUo RR. Co

Louisville Union passenger station
l.ouisTllle real cttate

Stocks and bonds, other companies
Stock of supplies on hand
Total

$17,112,735

:

18S6.

1837.

1888.

1889.

126

Average mileage

479

234

i!50

Operatioons—

..$13,692,100

Due on vouchers and pay

21.(-90
rolls

"

Pass-gets carrlfd, No..
Pass, carried one mile.

110,202
152,479
2,781,029 5,017,029
Freight (tone) carried.
389.824
539,093
Freight (tons) one mile 18,678,333 27,870, 1 63

Earn ings—

Freight
Passengers
Mail, express,

LIABILITIES.

Capital stock Issued
"
'•
scrip

194,137
e,564,26S
652.939
39,524,777

$206,400

Total earnings

$308,547

75,.525

I33,9.';0

$411,389
172,937

98,326

&0

93,275

10.^,253

$o35,752
342,606

$3-0,Vi51

Oper.cxpenfes&taxea

222,094

244,346
8,136,491

863.776
61,8»8,550

$656,297
22«,^34
131,476

$687,579 $1,014,307
4"3,S92
686,205

Xet earnings

$158,157
1886.

If87.

Net earnings
Interest on debt

1888.

1S89.

$158,157
145,600

$193,146
184,800

$254,187
2je,80O

$8,346

$17,387

$33,302

,

&E

;

Total

404,218
4,s76
42,660
182,340
32,767
59,262
1,267,664
39.088
4,144
6<,696
1,302,025
$17,112,735

$328,102
294,800

$12,557

" State and munlelpal taxes
Coupons £. T. bonds due and not pre.sented.
Coupons mortgage bonds due and presented
Due sundry road% aud persons
Unadjusted o|ien accounts
Loai s aiid notes
Rentals Louisville property
H.
Railway Co
Income account
Balance

$193,146
INCOME ACCOUNT.

Surplus for year

. .

$254,187

GENERAL BALANCE DECEMBER

$328,102

31.

Aueli—

1886.
1887.
1888.
1889.
$6,942,132 $7,809,788 $10,305,'544 $9,932,101
374.969
397,683
699,914
867,2:13
4i),911
14,504
42,703
24.721
t""!*
36,555
31,749
38,702
17.519
Accounts of agents.&c.
135,134
166,494
175.942
227,'.92

Constriic'.lon

Equipment
Materials and supplies

Total

$7,502,294 $8,50?, 117 $11,244,823 $11,08.'',016

Liabilitiet—
Capital 8tooK

Funded debt
Bills

and ace unts....

Cartrcsts

$1,040,000 $4,040,000 $5,300,000 $5,300,000
2,860,000 3,780,000
5,040.000
5,040,000
251,819
359,979
4:6,917
371,598
122,749
92,364
224,446
267,269
180,612
180,612
1^0,612
47,114
55,162
72,818
106,149

GENERAL INVESTMENT NEWS.
Allegheny Tallc.— In Philadelphia it is reported that the
between the holders of the 7 per cent income bonds
of the Allegheny Valley Raih-oad and the Pennsylvania Railroad, endorser of the bonds, is likely to be settled at an early
day, and that the Allegheny Valley will be sold and bought in
by the Pennsylvania Railroad and reorganized. The last
named corporation will then take up all outstanding income
7s, giving in return therefor and all accrued interest, 3 per
cent preferred stock of the new comany. It will issue a $20,000,000 4 per cent loan with which to take up other outstanding
bonds of the Allegheny Valley Railroad, amounting to about
$16,000,000, and apply the remainder to betterments.
litigation

—

Atlantic Avenue Elevated (Brooklyn). The capital stock
new Atlantic Avenue Elevated Railroad Company has
been subscribed and oflliccrs elected. Of the 10,000 shares
aca Total
$7,502,294 $8,508,417 $11,241,823 $11,085,016 Austin Corbin took 2,4.58 shares, J. Rogers Maxwell, 2,448,
Henry W. Maxwell 2,447, and Henry Craves 2,447, making
Pltlsbnrg Cincinnati & St. Louis.
9,800 shares held by the leading members of the Long Island
^For the year ending December 31, 1889.^
Railroad Combany. The rest of the stcok was taken in tenshare blocks. Five per cent of the capital stock of $1,000,000
In advance of the pamphlet report the Chronicle has been was paid in. The following directors were
chosen: Austin
furnished with the figures for the year 1889, which are com- Corbin, J. Rogers Maxwell,
Henry W. Maxwell, Henry Graves,
pared below with previous yaars.
William B. Kendall, James D. Campbell, WiUiam G. Wheeler,
1886.
1887.
1888.
1889.
Daniel Lord, Elizur B. Hmsdale, George S. Edgell, Benjamin
Total gross earnings. $4,752,596 $i,808,378 $5,388,547 $5,874,192
Norton, Frederick W. Dunton and Edwin H. Atkins. They
Op. exp. and taxes... 3,130,690
4,017,219
4,193,011
4,189,932
elecled these officers: Austin Corbin, President; J. Rogers
Net earnings
$1,621,906 $1,791,159 $1,195,536 $1,684,260 Maxwell, Vice-President.

Due J. M. Ashley
Income account

....

of the

,

P.c.of op.ex.toearn's.

65'87

69-16

77'81

71-33

INCOME ACCOUNT.
Reeeiplt-

1886.

1887.
Netearnings
.^1,621, 903 $1,791,159
Rentals and interest.
4,074
5,778

1888.
$1,195,536
5,318

1889.

432,897

654,955

431,566

$1,684,260
:< 236
66o|719

$2,059,777

$2,451,892

$1,632^420

$2,248,215

Rentalspaid . ..
$931,518
Interest on fund, debt
646,990
Other interest
133,101
Loss ou St L.V.& T.H.
Miscellaneous
14,172

$938,683
646,99 J
150,054

$914,853
616,990
147,092
18 739

$962,848

Net from l-sed

roads..

Total Income
Diaburtemerits

—

Total

113,217

$1,725,784 $1,848,944
sur.333,993 sur.602,948

Batance

..."

821990
177 315
ill!!!!!

$1,727,674 $1,962,153
def. 95,254 8ur.2tf-,0G2

Newport News & Mississippi Valley Company.
("For the year ending

December 31, 1889.^
of Mr. C. P. Huntington, President, states that of
the $1,590,800 C.
O. Railway Co. 6 per cent bonds of 1918
and $143,173 C.
O. Railway Co. second preferred stock
reported on hand at the close of the year 1888, $04,800 of said
bonds and $5,832 of said stock were returned to the original
owners. Certificates representing $81,000 of the capital stock
of this company which had been issued against said bonds and
stock, were returned and canceled, thus reducing the total
amount of the capital stock outstanding by that amount.
The remaining $1,526,000 6 per cent bonds of 1918 were exchanged for an equal amount of second preferred stock, and

The report

&
&

the remaming $137,340 second preferred stock was exchanged
for an equal amount of common stock, in accordance with the

—

Baltimore & Ohio. In Baltimore the Board of Directors
met April 16, and the usual dividend of 5 per cent was declared on the stock of the Washington branch on the business
of the branch for the six months ended March 31. No dividend was declared on the common stock. In presenting to the
Board the result of the business for the six month-, the President stated that, while it was gratifying as an evidence of the
satisfactory condition of the company's business, he desired to
remind the board of the large expenditures now being made
and required to be made for some time to come in improving the
efficiency of the various departments of the company; that in
the last six months,in addition to the regular exfienses and fixed
charges, the company had expended nearly $1,500,000 in construction and betterments (many of them permanent), including the acquisition of property and the payment for real estate
axiquired and used for several years, but heretofore in litigation.
The income of the company, as far as it would go, has
been used in these expenditures. For some time to come large
expenditures must in like manner continue to be made, in
order to place the system in theefBcientcondition necessary to
conduct its affairs economically.
For the six montlis of the
fiscal year thus far elapsed, October 1 to AprU 1, the earnings
for 1889-80 (March, 1890, approximated) compared with the
same months of the fiscal year 1888-89 as follows: Gross earnings, 1889, $9,999,730; 1890, $11,898,286; increase, $1,898,556;
net earnings, 1889, $2,686,806; 1890, $3,770,971; increase,
$1,084,16.5.

Boston

& Maine—Easlern.—The

for the Boston
their directors

terms of consolidation

& Maine and Eastern have been agreed upon by

and stockholders.

Meetings have been called to

THE CHRONlCLHi

560

[Vol, r.

approve this action. Meetings of the directors of the Boston & Cinn. Extension collat. trust bonds, issued jointly by the East
Maine, the Eastern and the Conway were held in Boston April Tennessee and the Richmond & Danville companies, and
guaranteed principal and interest by the Richmond Terminal
17, and their stockholders will meet on May 8 to approve or disapprove the terms agreed upon. The rejxjrts of the different Company, which bonds will be secured by deposit with the
directors agreed upon the proposed union upon a basis of Central Trust Company of the shares purchased as above,
$210 for Boston & Maine stock, $152 for the Eastern and §152 50 namely about $1,700,000 of " A " shares and $3,915,050 of " B "
for the Conway Road. The present Eastern stock, of which shares of the Ala. Great Southern, limited, and also $510,000
there are 31,496 shares, will become a Boston & Maine first pre- of the Cin. N. O. & T. P. stock, purchased as above stated by
ferred stock, entitled to dividends of 6 per cent per annum. the East Tennessee Company; these bonds have already been
The income to be derived from dividends on the shares
J'-The present capital stock of the Boston & Maine is 70.000 sold.
-shares, Eastern common, 49,976 shares, and Conway, 9,579 thus purchased is estimated at $235,000 per year, and the intershares; a total of 131,479 shares. There are 5,000 shares of est on the bonds issued will be $300,000, but the East Tenn.
the stock of the Conway Road in the treasury of the Eastern, officials estimate that by economies in management, particu"which will become the property of the consolidated road, as larly around Chattanooga, Bessemer and the Knoxville coal
well as the stock of the Maine Central and several other roads region, the East Tennessee will gain $150,000 a year addi•

'

.

at present

owned by the Boston.

Bnifalo Rochester & Pittsburg.— A most important negoti-ation in the bituminous coal trade was announced this week
in the purchase by a syndicate of a controlling interest in the
This transaction
Buffalo Rochester & Pittsburg Railroad.
will, it is expected, terminate the rale war for lake business
which has been going on for five years and has affected in
some degree the revenues of every soft coal road east of the
Allegheny Mountains.
Adrian IseUn, the New York banker, has exercised absolute
control over the B. R. & P. for years by virtue of the ownership of ^,500,000 out of $6,000,000 of preferred stock and
$2,000,000 out of $6,000,000 common stock. There has been a
constant struggle for tonnage between his road and the Westem New York & Pennsylvania, with the result that freight
rates have delined alarmingly. In 1889, when the feeling was
more bitter than usual, the rate from the minss in Western
Pennsylvania to Buffalo was cut from $riO to 74 cents, and
the business became absolutely unprofitable. On some freight
the rate was only three mills a ton a mile, which did not
pay the cost of moving the tonnage. The roads hauled an immense amount of coal to the lakes at these low rates, and this
glut of coal depressed the price so that there has been little or

no money

in the trade for either the railroad company or the
producer.
Mr. Iselin still retains a large interest, but has sold a sufficient
amount to give the control to the syndicate, headed by Messrs.
Bell, Lewis & Yates of Buffalo.
Tlie control of the Rochester
Coal & Iron Company goes with the railroad stock, the railroad company owning the stock of the coal company. This
gives gives the syndicate in connection with the mining interests of Bell, Lewis & Yates some 30,000 acres of coal lands in
Jefferson County, Penn., having an aggregate output in the
year 1889 of coal and coke of 2,700,000 tons, and making the
concern the largest producers of bituminous coal in the
United States. The change of management will occur on
May 1. The changes in the Board required by the transfer of
control have not been arranged. It is believed, however, that

tional.

The road actually acquired includes the Cin. Southern and
Alabama Great Southern between Cincinnati and Meridian,
Miss., about 631 miles. As to the rest of the so-called Erlanger roads, owned by the Ala. New Orleans & Texas Pacific
Junction Company, and reaching from Meridian to New Orleans and Meridian west to Shreveport, a close working contract has been made by which the roads wiU all be under the
East Tenn. management for traffic purposes only, withont
financial responsibility on the part of the latter company
for obligations of any of the roads, except as above men-

tioned.

Nashville Chattanooga & St. Loni«.— The gross and net
earnings and charges for March, and for the nine months of
the fiscal year, were as follows:
March.
^-Julylto MarehSl.-^
1889.
1890.
18888^.
1889-90.
$290,8-i9 $271,182 $2,494,810 $2,699,908
Gross eamiiiKB
.

Operating expenses

Net earnings
and taxes
Improvements
Interest

,

175,223

184,759

$81,172
$34,444

Surplus

—

1,614,639

$86,423 $1,036,121
$72,990 $653,529
6,918
47,919

$115,616
$72,298
8,874

1,458,686

$1,085,270
$654,296
60,041

$701,448
$331,676

$714,337
$370,933

$79,933
$8,485

—

Fitchbnrg Troy & Boston. Among the recent decisions
by the New York Court of Appeals was one of much
interest to the bondholders of the consolidated mortgage of
1874 of the Troy & Boston Railroad Company.
The suit in which the decision is rendered is that of Charles
W. Tillinghast against the Troy & Boston Railroad Company.
In 1887 the Troy & Boston was absorbed by the Fitchburg
RaUroad Company. The mortgage of 1874 was for $1,500,000,
due July 1, 1924, and the bonds paid 7 per cent. It was

agreed that the Fitchburg should devote $1,500,000-4 per cent
twenty-year debenture bonds to the payment of the consolited 7 per cent, mortgage of the Troy & Boston. To this the
consolidated bondholders objected. The Fitchburg people then
Messrs. Peckham, Roosevelt, Brown and Tod will remain in began an action in the Supreme Court in Rensselaer County
the Board. Adrian Iselin, Jr., will resign the presidency in to foreclose the mortgage. The ground for the suit was a
favor of A. G. Yates, of the piu:chasing syndicate, but will default in the payment of some small claims which, by the
terms of the mortgage, it was claimed the Troy & Boston had
remain a director.
One of the first results of the deal will be an advance in bound itself to pay. The plaintiff in the action was Tillingfreight rates. The lake coal trade year begins with May, and hast, one of the trustees of the mortgage. The other trustee
freig't rates are always made in that month. All the roads would not join in the suit. In this action Mr. Plum beexcept the Rochester & Pittsburg have favored an advance in came the defendant, and his counsel made an applirates, and now that this road is controlled by parties inter- cation Lefore Judge Ingalls, of Troy, to liave the foreclosure
ested in putting rates up, an advance is regarded as certain.
proceedings stopped. Judge Ingalls denied the motion, but
the General Term reversed his decision; Judge Learned, who
Chicago St Paul & Kansas City.— The President, Mr. A. B. wrote the opinion, saying that no case had been made out for
Stickney, says that the earnings of this road increased during the plaintiff for forcing the bondholders to take payment of
1889 §1,127,875, and this large increase was almost entirely their bonds before they were due. This decision of the Genfrom local stations, its earnings between St. Paul, Minneapolis eral Term the Court of Appeals now affirms, ordering a
and Minnesota Transfer to and from Chicago, where the gi-eat stay of tlie foreclosure proceedings, and, in the opinion of the
competition exists, having in fact slightly fallen off. The lawyers for Mr. Plum, practically ending the suit,
earnings of one local station, which occupies ground that was
Flint & Pere Marquette. The following is a statement of
a farm five years ago, amounted to the sum of $171,663. The
increase in earnings for the first three months of 1890 has been the earnings, expenses and charges for the month of February
$386,549, or at the rate of $1,546,199 for the year, very largely and the two months to February 28:
^Jan. 1 to Feb. 28.-s
Februaru
from the same source local stations.

—

—

East Tennessfe Tlrginla

.

& Georgia— Erlanger System.—

At Knoxville, Tenn., April 15, the meeting of East Tennessee
stockholders was held, and over 75 per cent of the stock was
represented. A vote was passed giving the directors full
power to make the proposed agreement for the acquisition of
a part of the Erlanger system of roads and to issue the $6,000,000 bonds therefor; also in their discretion to hold or to dispose
of the Memphis & Charleston stock owned by the East Tennessee Company.
Pursuant to the authority granted, the East Tennessee directors have completed the deal with the Erlanger people on the
terms following The East Tennessee pu:-chases 51 per cent
(34,000 shares of £10 each) of the preferred or " A " shares, and
51 per cent (78,301 shares of £10 each) of the common or " B'
shares of the English company, known as the Alabama Great
Southern, limited, which owns all the stock of the Alabama
Great Southern Railroad, and this latter company has in its
treasury lO^JlOO shares of the Cincinnati New Orleans & Texas
Pacific, which holds the lease of the Cincinnati Southern Road
and owns all its equipment and terminals. The East Tennessee also purchases 5,100 additional shares of the Cincinnati New
Orleans & Texas Pacific stock, and thus controls a maioritv of
its capital stock of $3,000,000.
There has been made an issue of .$6,000,000 of collateral
trust 5 per.cent bonds, known as the East Tenn. Va. & Ga.
:

188

$252,455
181,9t»3

k8.j,863

$39,619
30,406

$70,462
44,662

$87,707 $123,430
58,951
88,490

$9,213

$25,800

$28,756

Net earnings
Interest charges

.

188 •.
$171,508
131,889

Gross earnings
Operating expenses
v...

Surplus.

1890.

».

$373,5

1890.

$480,565
357,135

$34,940

—

Linseed Oil Trnst. The National Linseed Oil Trust as a
trust has ceased to exist, and in its place stands the National
Linseed Oil Company. The property of the new company
consists of forty-nine oil mills, forty elevators ranging from
720,000 bushels downward, and a line of tank cars. The old
trustees were elected directors, with Mr Eustou President,
and Mr. McCulloh .Secretary and Treasurer. After the change
47 was bid for the stock on the Chicago Stock Exchange,
thougli no sale was then made.

—

Hanliattaii Elevated. Messrs. Drexel, Morgan & Co. offer,
and interest from April 1, $6,000,000 of Manhattan Railway Consolidated 4 per cent 100-jear gold bonds. These
bonds are part of an issue limited to $40,000,000 against tlie
whole elevated railway system, and are secured by a joint
mortgage of the propertv of the Manhattan and Metropolitan
companies. Of the $40,000,000 provided for, $26,648,000 are
reserved to take up New York Elevated and Metropolitan
bonds and the bond certificates of Manhattan. The bonds
offered are part of the amount appropriated for the payment
at 96

April

THE CHRONICLK

19, 1890.J

of land damages, the acquisition of real estate, payment of
floating debt, and further development of the property. The
statement of Manhattan business for the year ended September 30 has been published in the Chronicle and Investors'
Supplement. For the six months Oct. 1, 1889, to April 1,
1890. the earnings show a further increase, viz.
Oneralmp
Ezptnst»
Tfet
Qrou
and l'ax<».
Enrningt.
Earning;
$3»3.4n4
$141,272
$834,766
October. 1889
42.5,171
38,074
808.245
November, 1889
44H,666
SS1.6H1
831,327
Deoemlier, 1S89
457,303
332,730
790.003
January, 1800
1890
Maroh, 1890

4 ;5,772
463,608

735,'.;39

Fobni.-jry,

812,905

299,407
349,297

561

COMMERCIAL EPITOME.
Friday Nioht, April 18, 1890.
uneasiness have been caused in commercial circles by a bill that is before Congress imposing prohibitory taxes upon dealings in "futures" covering all the
leading articles of domestic merchandise.
The measure
appears to have a stronger support than usual, and a commit-

Some excitement and

tee of

our Cotton Exchange went to Washington to oppose

ita

The new Tariff bill was reported to the House of
Representatives on Wednesday, so amended as to provide for
free sugar, with a bounty to domestic growers, and for free
anrplus for six montbg applicable to dividends on $26.$1,366,410 hides. The speculation in wheat was very excited early in
OuO.OOO stock
the week, and prices made a material advance; but subseOresftnlan. In pursuance of a decree of the United States quently the market became calmer and part of the advance
was sold at Salem, Ore., was lost. Other Western staples symimthized with wheat to
Circuit Court of Oregon, this road
April 4, R. Koeliler, Manager of the Oregon Division of the some extent, and there was at Chicago a 'comer" in pork.
Southern Pacific Company, being the purchaser at $1,000,000. The weather has been spring-like, jpving an impulse to seaThis gives a formal title to the road, wnich was purchased by sonable trade. The lower Mississippi continues very high, but
C. .P. Huntington and his associates some time ago.
there is fair prospect of an early abatement of the flood. An
Oregon & Trans-Continental. A syndicate has been formed extraordinary sand storm, not unlike those occurring in the
which will underwrite a proposition to offer an exchange to deserts of the Old World, is reported to have swept over a
considerable portion of the Northwest, damaging large areas
the holders of the $9,413,000 collateral trust bonds upon
of autumn-sown wheat. The cotton speculation has at times
equitable terms, and it is expected that a very large proporbeen more active at advancing prices.
tion of the holders will accept the exchange. The syndicate
Lard on the spot advanced smartly, selling yesterday as
will take the bonds which are not thus disposed of and furnish
6'90@6-92i^c. for prime Western, but to-day the close
the amount necessary to pay off those who do not elect to high as
make the exchange. The company has the right to pay off the was at 6'2.5c. for prime city, 6'80(a6'85c. for prime
bonds at any interest period upon three weeks' prior notice. Western, and 6-55@7'15c. for refined to the Contment.
That notice not having been given, the bonds cannot now be The speculation in lard for future delivery is at improving
called until November 1, but it is expected that long before values. Yesterday the market was quite buoyant, with sales
that time the great majority of the bonds will have been ex- at 6'87c. for May and 7'16c. for October; but selling to realize
changed in accordance with the terms offered by the syndi- profits caused a decline to-day, the transactions aggregating^
5,250 tcs. at 6-82c. down to 6-78c. for May, 6-94(U6-90c. for
cate.
July and 7'06c. for September.
Philadelphia & Reading Pcnnsylranin.— In Philadelphia,
DAILT CLOSING PRICES OF LARD FIITtTRI 8.
April 14, suit was begun by the Philadelphia & Reading RailWfd.
Sal.
Mf/n.
TueK.
Thtir.
Fi i.
6-75
6-77
road Company against the Pennsylvania RR. Company by filing Maydellverv
6(!7
671
o.
6 89
6 77
6-74:
6-84
6-95
Juneddlviry
672
c.
G-81
6-fi5
a bill in equity in the Court of Common Pleas. By this action
6-81
6-80
6-88
6-97
Jnly delivery
6 84
6-91
o.
the Reading Company seeks to compel the Pennsylvania Rail- AuRUSt delivery
6-94
6-85
6-95
7-06
6'P4
6-98
c.
road Company to surrender for cancellation an agreement September delivery
6-91
6-99
7-00
7-12
7-02
693
c.
6-99
7'05
7-16
6.94
o.
695
705
made between these two companies in reference to a division October delivery
of coal traffic, and to restrain Mr. Walker from acting as refPork is decidedly higher, in response to the Chicago market,
«ree under the agreement.
where a speculative " corner
on Saturday last, advanced
By the agreement, in consideration that the Pennsylvania nominal prices $3@ $4 per bbl. To-day the demand was more
Railroad would not antagonize the Reading, the latter was to freely met at $13 75ra §14 25 for new mess. $10 75 <t>$ll 25 for
supply the Pennsylvania's Sohulkill Valley Railroad 1.000,000 extra prime and $13@$16 for clear back. Beef is firmer at
tons of antliracite traffic annually for ten years. Only 600,000 $l(a $7 25 for extra mess, $7 25@$8 for packet and ?13@$15 for
tons have been so supplied, and the Pennsylvania Railroad city extra India
mess. Beef hams are steady at $146$14 2.5
•claims damages, and has appointed Mr. Walker, who is Chair- per bbl.
man of the Inter-State Railway Association, to arbitrate the
Cut meats are also dearer, and the sales to-day embraced
case. To stop this arbitration the Reading began the present 30,000 lbs. picked bellies,
12@ 10 lbs. average at 5^'^a 6c. and
jsuit.
at the West 150,000 lbs. green hams at 85^(i!8^c., and 750 teg.
St. Lnais Arkansas & Texas.—The two committees having sweet pickled hams at S^gc. for June, OJ^c. for July, and 9?8C.
agreed upon a plan, as announced last week, the Olcott Reor- for August and the close is firm at 9^(al0c. for pickled
ganization Committee gives notice of an extension of time for hams; 5Jg@6c. for do. shoulders and 53^@6J4'c. for bellies;
the deposit without penalty of all classes of securities with smoked shoulders 6%@7c. and smoked hams lOji^'rtllc. Talthe Central Trust Company to May 1, inclusive. The Merteus low easier and more active at 4 7-16c. Stearine quoted at Ifi
Committee, in view of the compromise with the Olcott Com- 07fgC. and oleomargerine at 5fg((i5%c. Butter active Elgin
Total
$4,812,575
Interest on bonds and rentals

$2,672,652

$2,139,723
773,bl3

passage.

—

'

—

—

'

;

;

;

mittee, urge holders of securities deposited with the Farmers'
Loan
Trust Company to transfer them under the Olcott
plan. The assessment on the stock is reduced to $8 50 per
share, for which the depositor receives $10 in new 4 per cent

&

second mortgage income certificates. The assessment on the
6 per cent second mortgage gold certificates is reduced to 3)^
per cent, for which the depositor receives 5 per cent in
:second mortgage incomes. Those depositors who have paid 5
per cent will have IJ^ per cent refunded by the Central Trust
Company. The rights of subscription are extended to May
1.

The reorganization agreement cuts

off

from

all benefits

security-holders who fail to deposit their securities within the
fixed limit of time. Holders of outstanding 6 per cent first
mortgage gold certificate coupons can collect their face value
and interest at 4 per cent per annum to May 1 upon surrender
of coupons to the committee. Full particulars are given in

the advertisement.
In St. Louis, April 14, attorneys representing the Mercantile
Trust Company, of New York, trustee of the St. L. A.'^& T.
second mortgage, filed a bUl of complaint in equity in the
United States Circuit Com-t, asking for the foreclosure of the
second mortgage bonds and an order of sale of the road. It
is understood here that this proceeding will not be carried on
in opposition to the plan of reorganization now accepted by
the joint committees, and the road wiU possibly be foreclosed
under both mortgages.

—

Sonth Pennsylvania. The persons interestedl'in the purchase of this road met at George S. Baer's oflfice, in Reading,
Pa., and reorganized the company. The new name adopted
was South Pennsylvania Railway Company. The capital was
fixed at $30,000,000. The following are the ofllcers and Board
of Directors elected: George F. Baer, President; Francis Lynde
Stetson, F. S. Bangs, Charles MacVeagh, James N. Mohr.
Jefferson Snyder and Frank C. Smink. The other officers of
the company will be elected by the directors at their first
meeting, which will be held shortly.

19^26c.; other creameries 12igl9c. Cheese firm; State factory full cream, 10@lli^c.
Coffee on the spot has declined to 18fa!l8}^c. for No. 7 Rio,
owing to the dtill European markets, and firm offers made
from Rio on a lower basis. The business to-day was unimportant, either in Rio or mild grades. The speculation in
Rio options opened to-day at some advance on better foreign
advices, but speculation was sluggish, and the close was barely
steady, with sellers as follows :
16-600. November.
15-950.
Mar
17-0,'Sc.
Angast
June
lS'90c.
16-85c. September
16'43o. December
July
16-75C. October
16-25c. January
15'85a.
a decline for the week of 45@ 50 points.
Raw sugars are again dearer at 5c. for fair refining Cuba
Muscovado, and 5}4c. for Centrifugal, 96 deg. test, with sales
including Muscovado, 87 deg. test, at 4 13-16c., and a cargo of
Centrifugal, 96 deg. test, at 3 3-16c., c. and f. Refined sugars
are firm and fairly active at 7L^o. for Standard Crushed.
Molasses steady at 21i^c. for 50 deg. test.
Tlie tea sale
on Wednesday went off at steady to firm prices, although the
offering was a fairly large one.
Kentucky tobacco sold to the extent of 300 hhds. mainly
for export at full prices. Seed leaf has been more active and
sales for the week are 1,525 cases.
On the Metal Exchange Straits tin is unsettled, closing with
buyers at 19J!:^c. for prompt and early delivery. Ingot Copper
is nominal at 14-20c. for Lake. Domestic Lead is dull at 3'8oc.
Pig Iron neglected and nominal. A Philadelphia report says
one of the shipyards closed an order for plate at 2 '050. for iron
and about $2 25 for steel, delivered
Refined Petroleum in barrels advanced to-day to 7*15c.; cases
I

I

—

I

I

Crude
9-20o.; naphtha 7-50c. ; crude in barrels 7 -SOc.
Spirits Turpencertificates are doing better and closed at 85c.
Rosins
tine declined and closes at 40i^c., the market dull.
have met with a good demand, and are firmer at $1 35(91 31^
for strained. Tar is firmer at $2 50. Wool is duU. Hops in.

quoted

better

demand.

THE CHRONICLE.

562
C

[Vou L,

OT TON.

In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
Friday. P. M.. AprU 18. 1890.
the ports named.
We
The Movement of the Crop, as indicated by our telegrams cleared, at which are prepared for ouradd similar figures for
New York,
special use by Messrs.
from the South to-night, is given below. For the week ending Carey, Yale & Lambert. 24 Beaver Street.
this evening the total receipts have reached 20,981 bales,
against 33,570 bales last week and 34,377 bales the previous
On Shipboard, not cleared—for
week, making the total receipts since the Ist of Sept., 1889, April
Leaeing
at—
18,

6,661,719 bales, against 5,353,733 bales for the same period of
1888-9, showing an increase since Sept. 1, 1889, of 308 ,996 bales.

Seeeipttat—

Galveston
El Paso,

Hew

Mon.

Sat.

88
Jko.

Wed.

Tuet.

1,301

JV>.

TKuri.

8

46

87

Total.

420
355
135
300
281
65
37

1,950

.

410

4,078

516

1,013

5

77

1

122

1,552
8

344

Orleans...

441

244

221

10

Mobile
Florida

Savannah
Bruna'w'k, &o.

124

Charleston
Port EoyaI,&c

121

20

92

225

4

8

6

12

349
824

50
254

23
54

654
234

131

200
106

80
171

106

51

1,415!

1,943

348
300

Wilmington

West
I

Point...

York

Boston
Baltimore

44

Phila<lelpli'a,&c

52

Totals this week

1,2 49

11

7,210,

1889-90.

ThU

April 18.

Week.

Galveston
El Paso,&c.
. .

New Orleans.
Mobile
Florida

Savannah.

..

Brun3.,&c.
Charleston ..
P.Roya1,&c

Wilmington
Wash'tn,&c
.

Norfolk

Since Sep.
1, 1889.

1,950 •831,253
23,212
7,924 1,895,848
348 238,677
300
31,372
1,550 *920,087
65 161,450

619

31.5,525

46

1,833
132,241
3,749

1,943
1,570

Boston

1,010

Baltimore. ..
Phll-dera,&c

2.658

394,177
320,611
55,373
110,611
68.748
84,936
72,016

20,981

719

West Point.
NwptN.,&c

New York.

..

Totals

286
280
432

T/iU
Week.

547
432

1,010

60

2,389

2,658

3,019

6,145l

'20.981

286
280

432

1890.

1889.

1,050
7,924

348

Savannah.

..

Charrot'n.&c
Wilm'gt'n,&c
Norfolk

W't Point, &c
All others
Tot. this week

1,943
1,856
4,745

1,560
6,258
9,740

20,981

38,922

27,980

Great
ContiBHt'n. Frante nent.

Galveston...
New Orleans

9.BS6

4,987

54
199

S4

Mobile

BaTannah

382

4,674
14,222

1885.

6,681

704

12,356
1,184
7,174
3,590

6,671

43,960

Norfolk

West

306.770 84.656
855.943 3;i».795

Continent.

576
20
920
1,963
4,406
19,102

N'port Nws, 4c

New York

6,578

Boston

1,188

Baltimore......

8,133
2,182

PhlladeIp'a,&o
Total.
Total. 188S-89..

28,644
3«,755

2,088
1.168

4.683

7,816

2182
(1,040

9,443

30.226

343.821

24.244

14,287
163,152
32.988

217,330
154,034

87,756
24,020

S6.S74
430.418

8,9S3

Point...

132,814

123.725
57.083
28,301

93
2,814
1,674

Total.

182,110 47a.5»)
518.414 1,714,162

51.284
79,161

.

Wilmington.

The

forward delivery for the week are 497,000
For immediate delivery the total sales foot up this week
4,050 bales, including 2,208 for export, 1,842 for consumption,
for speculation, and
in transit. Of the above
bales
were to arrive. The following are the official quotations for
each day of the past week April 12 to April 18.
total sales for

SI. 193

2,103

—

—

44.789
527,100
1

UPLANDS.

Sat.

^ lb.

Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary
Low Middling
Strict Low Middling
Middling
Good Middling
Strict Good Middling
Middling Pair

44,027 2,641,066 469,325 1,456.598 4,565.988
57.744 2.573 835 371,943 1.280.634 4ls2a,402

9

non Xnes Wed

Tb. FrI.

9%

9

9>s
9»18
97l«
106,8 107,8
10% lO'a
11-*16 11^18
11'16 11»18
11=8 11%

958
98,8
99,6
107,6 ilO'i- IOI9
10%
ICg 10^8 10i6,e
11»,8
116,8 116,8 11%
11^,6
H»,6 |119|6 11=8
11»9
11% 11% 1113,g
ll's
Ifs 12
12
jl2
121,8
121i« I2I18 123,8 123,8 1123,8 I2I4
I12I3
I2I2
12=8 12»8 !1258 12U,g
113
13ie
13
13'« 1I3I6
IS^ig
97i8
105,8

Fair

GULF.

Sat.

Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary
Low Middling
Strict Low Middling
Middling
Good Middling
Strict Good Middling
Middling Fair

93,8
9>;8
9=8
9%
IOI2
10>a |10=8
1016,, 10is,e'lli,8

1138
11=8

'

nion Tnes

93,8
9=8

f) lb.

Wed Tb.
96,8

9%
10=8

9%

9%
9iai(i

11%

|11»2

ll>a

10=8 lOilis
11'18 III9
IIJ2

11=8

11%

11%

11%

111,.

lllJ,ft

1113,6 lH3l6lll6,e 1116,8 lH6l8[12
121,8 121,8 123,8 12'l8 123,, [12H

I2I4
1214
12%
121116 1211,81213,
133i« 133,8 Il33,a

Fair

STAINED.

Sat. nion

Good Ordinary
Strict Good OrdinasT

8%

Low Middling

8%
9%
106,8

Middling

11%

105,8
lllg

!p lb.

9%

123&
12% 127,e
1213,8 1213], 12''8
130i» 136,8 ;i3%

Tne« Wed Tb. Frl.
87s
912
10J,8
11=4

8^8
912

10,8
ll^t

8''s

9Ja
107,
|11'4

99l8
101a
116,8

MARKET AND SALES.
The total sales and future deliveries 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.
8AI.es

17,179

238,682
112,149
265,086
178.054
36,370
602,087
120,530
109.850
30,401

—

—

3,447

5.994
5,003
1,436

153,062
102,e»a

.

529,954

The speculation in cotton for future delivery at this market
became more active on Saturday last, with prices making
some improvement, but it was not until Tuesday that there
was any decided advance. Then the highest figures for this
crop were 15@18 points above the closing bids of the previous Friday. The small crop movement and the more active
spot business at Liverpool were the chief elements of strength,
bringing in buyers to cover contracts, among whom were
former bulls, who had turned bears on general principles
when spot cotton in this market touched ll^c. But with the
higher prices of Tuesday came agitation on 'Change regarding
the Butterworth bill. Dealings in the later options were
much restricted, and prices of all were unsettled. On Thursday
Ellison's figures were published and were regarded as showing

415

542

44,':89
.

Brunswick...
Charleston

8,536

bales.

Total
Great
Week. Britain France

14,721

20,626

clcsing at 11 13-16c.

Since Sept.l. 5061,719 5352.723 5190,084'5107,013 4998,889 4643,940
The exports for the week ending this evening reach a total
of 44,027 bales, of which 28,544 were to Great Britain,
6,040
to France and 9,443 to the rest of the Continent. ' Below
are
the exports for the week, and since September 1, 1889.
Week Ending AprU 11.
From Sept. 1. 1889. to Apr. 11, 1890
Exported to—
Exporte d to—
Exports

frwn—

!

7,470

139
160
309
584

57
3,980
2,163
2,934

12,258

16,174

1,009

878
256

|

more freely met and some business was done for export. Today there was a further advance of 1-1 6c., middling uplands

164

619
46

28,564

800 20,409 17,1081

2,527

1886.

3,081
3,180

1,020

5,316

2,230
4,953

2,910

406,528-

5,450
2,000

5,826

472,8 29

1,550

&45,403

66,301
69,614

600
None.

800

3,907

299,6901

316

54,282

1,000

14,366

38,922 5,352,723

710

4,419

None.
None.

10,442

11,666
229,612
7,271
7,432
17,017

12,219

None.
None.

1,177
8,500
11,450
7,000

75,511
10.585
1,907
9,642
2,718
7,674
117,521
19,850

149,289
8,228

128,971
7,000
2,339
11,813

1887.

23,355
None.
2,000

500
800
472

98,866
10,585

1889.

657,635
478
20,610
12,219 1,636,047
710 207,312
391
26,858
2,910 801,427
120 132,589
870 367,676
8
14,694
251 151,021
5
4,368
1,560 477,526
2,542 402,389
3,716 131,148
4,417 117,328
1,950
89,556
863
66,139
1,969
48,370

1,974
10,295

1,647

None.

12,125

3,913

1888.

4,391

New York
Other ports

Total.

3,895

1890.

give below the totals at leading ports for six seasons.
Seceipts at-

70.5

7,500
5,400
5,000

1,500
None.

Stock.

Kite.

a pretty full supply of cotton for the remainder of the season,
and caused a decline in prices for this crop.
There was more
doing for September and the summer months. To-day, however, there was renewed buoyancy.
Liverpool advanced,
evidently affected by the rise in silver and its influence
upon Manchester, and the close here was firm, at
about the best prices of the day.
The next crop
did
not fully share in
the advance for this crop,
but there was a good business for September, although
advices from Texas of good stands already made in that State
rendered it probable that large quantities of the new crop will
be marketed early. Cotton on the spot advanced l-16c. on Saturday and %c. on Tuesday. At the advance the demand was

8t<vsk.

* Added as correction of receipts since Sept.
1, at Galveston 829 bales
and at Savannah 7.301 bales.
In order that comparison may be made with other years, we

Galv'8ton,&o
New Orleans
Mobile

Galveston
Norfolk

27,984
28,194

1,943
1,570

Since Sep.
1, 1888.

420 19,614
None.

Ooatir

None.
None.
None.
None.
None.

20,279

689
204
286

1888-89.

to

Savannah

Total 1889...
Total 1888...

For comparison we give the following table showing the
week's total receipts, the total since September 1, 1889. and
the stock tonight, compared with last year.
Reeeiptt

None.
None.
None.

..

Total 1890...

46

N'wp'tN's,&c.

Hew

..

Other
Foreign

France.

1,674

Orleans...

65
619

Wasli'gton,i&o

Norfolk

New

Mobi.e
Charleston

1,550

11

178

7,924

Great

Britain.

SPOT MAKKET
CLOSED.

Export.

Sat.. Steady at l,e ad.

Mon. Steady
Tues. Firm at

Wed. Steady

1,618

% adv

Thur. Easier
Frl...

Firm at

Total

The dally

I18

adv.

I

I

340
250
2,208

deliveries giyen

OF SPOT AND TRAKSIT.
Oon- Spec-\Transump. uVVn\ tit.

744
207
311
174
177
229

Total.

2,362

207
311
174
517
479

jyiiv-

Salet.

eritn.

61.100
74,700
85,800
84,400
76.600
114,400

1,842
4,050 497,000
above are actually delivered the day

previous to that on which they are reported.

April

THE CHKONICLE.

19, 1890.]

The Sales and Prices of Futures

are

shown by the

following comprehensive table:

5B3

The Visible Supply of Cotton to-night, aa made up by cable
4nd telegraph, is as follows. The Continental 8t<K;k«, as well as
those for Great Britain and the afloat are this week's retumn,
and consequently all the European figures are brought down
to Thursday evening.
But to make the totals the completft'
figures for to-night (April 18), we add the item of exports from
the United States, including in it the exports of Friday only.
Stock at Liverpool
Stuck at London

bales 1,1

1890.
1 2.000
16,000

1889.

1887.

873,000
22.000

998,000
14,000

871,000
2.000
33,000
15,000

Total Great Britain stock. 1,128,000
Stock at Hamburg
4,000
Stock at Bremen
126,000
Stock at Amsterdam
8,000
Block at Rotterdam
300
Stock at Antwerp
5,000
Slock at Havre
193,000
Slock at Marseilles
4.000
Stock at Barcelona
91,000

1888.

864,000
7,000

895.000 1,012,000
3,000
4,600
4«(,300
51,100
19,000
27,000

500

400
700

300

5,000
3,000

12,000
120.000
5.000
76,000
13,000
12,000

186,000
3.000
66,000
6,000
5.000

1,100
251,000
2.000
52,000
6.000
12,000

439.300

288,500

337,400

407,100

StockatGenoa
Stock at Trieste
Total Continental stocks

Total European stocks.. .. 1,567,300 1,159,500 1,23-2,400 1,419,100
Indiacotton afloat for Europe.
347,000 28.3,000 2'.'0.000 312,000

AnuT.cotfiialloattorEuropc.

215,000
25.000
472,829
90.355
5,500

197,000
21.000
299,690

Kuypt.Brazil.A.c.afltforE'r'pe
Stock in United States ports..
Stock in U. 8. interior towns..
United States exports to-day.

82,.350

20,308

206,000
55.0O0

232,000
6O,000
455,446
87,922
10,357

599.56><
205,-.!56

700

Total visible supply
2.534.648 2,281.184 2,518,924 2,576,828
Of the above, tae totals of American and other descriptions are a' follows:
A mericiin—
Liverpool stock
bales 858,000 693,000 64.5,000 820,000

353,000
197.000
299,690
82.350

Co,itinentalstocks.,.
American afloat for Europe...

United States stock
United States iutcriorstooks..
Culled States exports to-day.
Total American
£o9i Jtniian, Brazitt
Livf-rpool stock

dte.

20,30-<

—

254,000
16,000
86.300
347,000
21,000

Continental stocks
India afloat tor Europe
Egypt, Brazil, &c., afloat

&c

700

10,357

87,9'22

228,000
22.000

171,000
7,000
86,500
283,000
25,000

178,000
14.000
107,100
312,000
60,000

11»',400

220,000
55,000

724.300- 572.500 643.400 671,100
1,810,348 1,708,684 1,875,524 1,905,725

Total visible supply
Price Mid. Upl., Liverpool

PriceMld.Upi.,

300.000
232.000
455.146

1,810,348 1,708,684 1,875,524 1,905,725

Loudoustock

Total East India,
Total American

21H.0O0
206,000
599.568
205,256

202,000
215.000
472,829
90,335
5,500

2,534,648 2,281,194 2,518,924 2,576,825
56 d.
6>,,d.
6d.
5»(,d.
.

New York....

lliSitC.

10i3u,c.

10°8a.

93jc.

li^~ The imports into Continental ports this week have been
130,000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 253,484 bales as compared with the same date
of 1839, an increase of 15,734 bales as compared with the
corresponding date of 1888 and a decrease of 42,177 bales
as compared with 1887.

At the Interior Towns the movement—that

the receipts

is

and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
for the week,

corresponding period of 1888-89
following statement.

»

M-

—

is set

CCCiHM

-'

•

cdootc&oa- Oitt-^a.
(Out

*fcC3Mif*IC.t-Ca:tt*^^
tc

M

rOK.<l*fc|b.X
00 oo 03

^ to X OS

os^osw

^Mo:;

cctvO.
>s

10
MO

M to M

M I— M
if^k

1^.

C^ieDM^c;»COl

cc

ro

— c: MODC

« -C * — X « 1^ CO O

100 June for July.
100 May for Aug.
200 Aug. for May.
100 April for May.
600 Nov. for Sepi

•04 pd. to exch. 300 April tor June.
-04 pd. to exch. 100 April toi May.
•04 pd. to exch. 200 Aug. for J une.
•02 pd. to exch. 500 Aug. for June.

(]£»

odsM^cocokooscDeD

o;cDai

Mfca

1

1--

•t-WCTMi-'o:;

U so

tF^ *J<

•>

1

X

^ 00 CM CR 00 <l -^l CO

,

exch.
exch.
eich.
exch.
exoh.

If

COCC(X)

The following exchanges have been made during the week:
01 pd. to
•01 pd. to
•04 pd. to
•04 pd. to
•69 pd. to

MOS

l^-OHt-'

CO

CCCJt

OtlcOi

O

c

M*

OC^ QD O to U< O O:

ciL^too: w^DOt

03 -^ *• »Ci
OD tS CC CO
CD •^

irt
^

ccoocc^^a

OJ 0»

*

^OC

./.

to'<i'coi^a>»»co

V O O CD
I-*

jf,

KlCnOttOOOCCUtCOCOlb--

^-^h*mh*co:

WMM

ff.

oacooiOif^aDMCCcn^^to

CO.

QD OS ..l(Cw--®0 <!>**•;

oooco-i.

II

IW ^ w at ^ M
®
w:c wi

*- c; OT

WH;
mowo<<imm;

o<i

oaoscu;

01

cw to

M H*. MiJi-M 01 tOM
ccwm^imcmosmcoosm—

•

-.at

MOi

<»»1

Includes sales in September, 1889, tor September, 147,600: Septem
ber-October, for October, 640,600; September-November, for November,
636,200; SeptPiuber-Deccmbcr, for December, 957,20o; September,
January, tor January, 1,570,100; September-February, for February,
1,125,100; September-March, for March, 2,236.900.
^p* We have Included in the above table, and shall continue each
week to give, the average price of futures each day for each month. It
will be found under each day following the abbreviation " Aver." The
average for each month for the week Is also given at bottom of table.
Transferable Orders— Saturday, ll'65c.; Monday, ll'65c.: Tuesday.
11
1-70C.; Wednesday, ll-75c.; Thursday, ll-70c.; Friday 1 1 -800.

*5

lb.

tOQDOsoscctoovatoaocsi^cnif-coMtO'^

MWI-';

to

MO

i^qdc^iqdccIiOos-.)

t-i

coMK-arf^toccio^^.CO

out in detail in the

M
-

CCi.r-

i

-"tD

J>'

• 188;t

roi-i'Alestine.
I

li

years are

'*

toe

*.cnxoc

fevCCOlt

QLXO-

sooDoa
1

•

O^

s-S-3
CJi

MM

en
kOM)£>>
-q *.
*.
~ -0 «T OJ 10 C. Ci
-

WX

XO M

j«CCSOOX w

13S9lig(ire3 9reforf>erer8burg,yA«
k Tk'e year estimated.

net.*'

THE CHRONICLE

•H4

[Vol. L,

dredths of an inch. Prospects are quite favorable. Thethermometer has ranged from 58 to 86, averaging 78.
Luling. Texas. Dry weather has prevailed all the week.
Rain is needed, but not badly. Many farmers have finished
planting. Average thermometer 72, highest 86. lowest 58.
volumbia, Texas. Planting is active. No rain has fallen
during the week. The thermometer has averaged 64, the
Quotations foe Middling Cotton at Other Markets.— highest being 83 and the lowest 46.
In the table below we give the closing quotations of middling
Bjunham, Texas. It has been showery on one day of the
cotton at Southern and other principal cotton markets for each week, the rainfall reaching four hundredths of an inch. Plantday of the past week:
are needing rain, but nothing is
ing is progressing well.
suffering as yet. The thermometer has ranged from 47 to 87,
QDOTATIONS FOR MtDDLINO COTTON ON—
CI.OSING
Week enriina
averaging, 67.
April 18.
have had rain on one day of
Fri.
Thurt.
New Orleans, Louisiana.
Tuei.
Wednei.
Mon.
Satur.
the week, the rainfall reaching one inch and eighty-six hun11
11
10'5,g
11
1015,6
1016,6
Galveston...
dredths. The thermometer has averaged 62.
III4
11^
Ills
113,6
New Orleans lUis
H"*
Shreveport, Louisiana. Rainfall for the week, twenty-seven
11
11
11
11
lOioje
Mobile
lO'e
11%
11%
lUis
11
lUio
hundredths of an insh. The thermometer has ranged from
SaTannali
10i»ie
11
11
11
11
lO'e
Charleston.
ICrt
53 to 86, averaging 69.
11
11
11
11
11
TV'JlmlDgton
10%
Leland, Mississippi. The week's precipitation has been
in*
Ills
113,6
113,8
Ills
11
Norfolk
The thermometer has
n'8
ll^s
1158
111»16
sixty-three hundredths of an inch.
Boston
iiVn«
1138«l2
11=8
11%
lllfl
llifl
115s
Baltimore...
averaged 69-3, the highest being 83, and the lowest 53.
lllJ-1.
lli»,e
ii'Jie
ll'3l«
Philadelphia 11%
have had rain on one day of
Coiiimbus, Mississippi.
Ills
11% 14 11 , ®l4
11
11%
11
Augtista.. ..
the week, to the extent of one inch and sixteen hundredths.
Ills
11^.,
11%
ll'is
11
Memphis
lUie
113,6
113,6
11%
11
11%
11
Bt. Louis
Average thermometer 62. highest 80, lowest 40.
III4
1138
11 14
III4
1114
ilie
Cincinnati
Vicksburg, Mississippi. It has rained on one day of the
III4
11'4
Ills
Ills
11%
Louisville. ..
11%
week to the extent of sixty hundredths of an inch. Average
(Friday) at other important thermometer 62, highest 79, lowest 51.
The closing quotations to-day
Southern markets were as follows:
Meridian, Mississippi. Light rain has fallen on one day of
Riiloigh
11% the week. Planting is progressing well and cotton is up in
11
10% Little Eock
Atlanta
11
10=8 Rome
10% Montgomery .
Columbus, Ga.
10% some localities.
11% Belma
Columbus, Miss
10% Nashville
Little Rock, Arkansas.— It has rained on three days of the
Shre veport
lO'e
lO'a Natchez
£ufaula
past week, interfering with planting operations. The rainReceipts From the Plantations. The following table fall reached one inch and thirty-two hundredths. Weather
indicates the actual movement each week from the plantations. now cloudy. The thermometer has averaged 63, the highest
The figures do not include overland receipts nor Southern being 83, and the lowest 46.
consumption; they are simply a statement of the weekly
Helena, Arkansas. There have been two heavy showers
movement from the plantations of that part of the crop which durihg the week, the precipitation reaching three inches and
finally reaches the market through the outports.
ten hundredths. The rain has helped farmers. The river is
falling rapidly. Lands above the White river will be dry in
Keceiptj ot the Port*. St'lf at Inttrior Towns. Rec*pts from Flaw 'n«.
Wtik
ten days, but below will be under much longer. The therSftdiriQmometer has averaged 64, ranging from 50 to 77.
1890.
ISSS.
18«0.
1889.
1889.
Ib88.
1188.
1880.
1689.
Memphis, Tennessee.— Uadn on Hve days of the week has deMoh. 14.... 47,333 80.028 51,735 281.870 215,270 17o.<l4fl 29,695 49,291 33.406
layed farm work, but the weather is now clearing. The rain•'
S-.S
81,273 38.547 276.960 195,628 154,456 30,470 64,631 17.S57
21
The
fall reached two inches and twenty-two-hundredths.
'
ss.spe 51 .57 J 41.065 262.-.S7 I75,83.f 128,127 19.17:1 81,678 14,763

The above totals show that tlie old interior stocks have
decreased during the week 7,169 bales, and are to-night 8,005
bales less than at the same perioa last year. The receipts at
the same towns have been 2,383 bales less than the same
week last year, and since Sept. 1 the receipts at all the towns
are 24.483 bales more than for the same time in 1888-89.

—

—

—

We

—We

—

. .

—

H?

mv

—

—We
—

.

—

.

—

—

Apr.
"
••

88
4

11.

39.563
..

IR

4B,500

40,407

34,377 24B 536 148,217 119,02
23,57i> ^:^5,785 128,779 8>9,0>6

26,362

28,604
27.S8I1

!\->.9i2'

20.i)Rl 217.271 102,888

90,352

9,491

The above statement shows:

1.

19,084

H,733 20,669
13,031

25.246
3,549
12,228

—That the total receipts from

the plantations since September

1, 1889, are 5,739,.527 bales; in
1888-89 were .1.440,236 bales; in 1887-88 were .1,383,530 bales.
2.
That, although the receipts at the outports the past week
were 20,981 bales, the actual movement from plantations was
only 12,228 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 13,031 bales and for 1888 they were

—

9,491 bales.

Amount of Cotton in
we give the receipts from

Sight April

18.

—In the table below

plantations in another form, and add
them the net overland movement to April 1, and also the
takings by Southern spinners to the same date, so as to give
substantially the amount of cotton now in sight.
to

1889-90.

1888-89.

1886-87

1887-88.

Becelpts at the ports to Apr.lS 5,661,719,5,352,72315,190,081 5,107,013
Interior stocks ou April 18 In
87,513 193,446
59,016
77,808
excess of September 1

one and three-tenths feet below extreme highwater
It is expected that the fall will be rapid
falling.
next week. The thermometer has ranged from 46 to 83, averaging 64.
We have had rain on four days of the
isiashville, Tennessee.
week, the precipitation reaching one inch and seventy hundredths. Average thermometer 61, highest 79, lowest 37.
Mobile, ylZabarwo.— Planting is making good progress. Rain
has fallen on one day of the week, the rainfall reaching fortyeight-hundredths of an inch. The thermometer has averaged
68, the highest being 83, and the lowest 48.
Montgomery, Alabama. Rain has fallen on one day of the
week to the extent of thirty hundredths of an inch. Planting:
The thermometer has averaged 60,
is progressing well.
ranging from 40 to 86.
Selma,Alabama. There has been rain on onedayof the week,,
the precipitation reaching sixty-one hundredths of an inch.
The thermometer has ranged from 50 to 81, averaging 69.
Auburn, Alabama. Telegram not received.
Madison, Florida. There has been no rain all the week.
The thermometer has averaged 65, the highest being 86 and
river

is

mark and

—

—

—

—
—

the lowest 41.

Columbus, Oeorgia.—lt has rained on one day of the week,
the rainfall reaching twenty-nine hundredths of an inch. The
thermometer has averaged 70, ranging from 54 to 82.
Savannah, Oeorgia.—lt has rained very lightly on three
the week, the precipitation reachmg only one
Total In sight April 18.
6,956,901 6,659,788 6,587,654 6,189,454 days of
hundredth of an inch. The thermometer has ranged from
Northern spinners takings to
46 to 88, averaging 77.
AprU 18
1,633,216 1,638.108 l,532,006!l,431 ,913
Augusta, Georgia.—Tue weather has been cool during the
It will be seen by the above that the increase in amount in sight week, with light rain pn three days to the extent of twentyto-night, as compared with last year, is 297,215 bales, the exccKS as
Planting is general, and at some
six hundredths of an inch.
compared with 1887-88 is 369,447 bales and the gain over 1886-87
points cotton is uj? and farmers are chopping out. Average
reaches 767,417 bales.
thermometer 63, highest 89, lowest 39.
Weather Reports by Telegraph. Reports to us by teleCharleston, South Carolina. Rain has fallen on two days
graph to-night indicate that in general the weather has been the week, to the extent of one inch and fifty hundredths.
favorable during the week. The upper part of the river has The thermomet^er has averaged 66, tlxe highest being 84, and
lowest 48.
fallen materially, and, except on overflowed lands, planting the
Stateburg, South Carolina.— It has rained on one night of
is, as a rule, making good progress.
the week, the rainfall reaching seventy-five hundredtlis of an
Oalveston, Texas. The weather has been dry all the week. inch. Frost on one morning. The thermometer has averaged
Tot. receipts from plantat'ns 5,739,527 5,440,236 5,383,530 5,166,059
834,374 843,550 855,124 720,395
Net overland to April 1
Southern consumpt'u to Apr. 1 383,000 376,000 349,000 303,000

I

I

I

•

—

—

—

The thermometer has ranged from
Palestine, Texas.

Planting

is

—There

but rain would be of benefit.
highest 86, lowest 52.

active,

thermometer

64,

65 to 76, averaging 70.
has been no rain all the week.

—

Average

Huntsville, Texas. Farm work is making good progress,
but the soil is beginning to require moisture, of which there
has been none the past week. The thermometer has averaged
66, the highest being 88 and the lowest 44.
Dallas, Texas. The weather has been dry all the week and
planting is progressing satisfactorily. The thermometer has
averaged 70, ranging from 40 to 89.
San Antonio, Texas.— We have had one shower during the
week, but need more. The rainfall reached twenty-hun-

—

62-6,

ranging from 41 to

85-7.

Wilson, North Carolina.— B.ain has fallen on two days of
the week to the extent of one uich and sixty-six hundredths.
The thermometer has ranged from 37 to 86, averaging 60.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3
o'clock April 17, 1890, and April 18, 1889.

New Orleans
Mempliis
Nashville
Shreveport

Vicksburg
'

Above low-water mark
Above low-water mark.
Above low-water mark.
Above low-water mark
Above low-water mark.

Note.—Reports are now made In

feet

and tenths.

April

THE CHRONICLK

19, i»uO.J

India. Cotton Movement from all Foets.—The receipto
And shipments of cotton at Bombay have been as follows for
the week and year, bringinji; the tiRuros down to April 17.

BOMBAY KECBIFTS AMD 8HIPMEMT8 FOB FOUR YBABk
SMpme>U$

Shipme nt! linee Jan.

thii veek.

Xtar Qreai

OonttBrltn. neni.

Oonlinent.

Qreal
Britain

Tolat.

14,<K)l),-2>',0IK).l2,(l(K),12l,()(>(),:i;il,OOO

1887|37,0()ol2J,O(JO,01,000ll58,OO0i3lj5,00O

According to the foregoing, Bombay appears to show
an increase compared with last year in the week's receipts of
26,000 bales, and a decrease in shipments of 0,000 bales, and
the shipments since January 1 show a decrease of 16,000 bales.
The movement at Calcutta, Madras, and other India ports for
the last reported week and since the 1st of January, for two

"Other ports" cover Ceylon,
and Ooconada.

years, has been as follows.

Tuticorin. Kurrachee

SMpmentt for
Great

ShipmfnU

weih.

Ih.e

Oreul

Oimti-

\

Brttain.\

Total.

tient.

since

January

Oontine?U.

Britain.

1,000

October I to April

1,873.000

Average weight of balec.lbs
rcklnga In puonds

473

all

69,000
62,000

5,000
2,000

13,000
23,000

2,000

o.om;
7,000

4,000
2,000

.5,000

8.000

38,000
52.000

3,000

..

Ihe ports

107.000
106,000

69,000
54,000

For the whole of India, therefore, the total
shipments since January 1, 1890, and for the corresponding
last year.

two previous

years, are as follows:

EXPORTS TO EUROPE FROM ALL INDIA.
1890.

Shipments
Europe

1889.

S lue

This
week.

Jan.

41,000
3,000
44,OOo!

to alt

from—
Bombay

11 otber ports.
Total

,..

8-'57,927,OuO

This
week.

Since
Jan. 1.

This
week.

743.000 47,000
107.000

761,000

42.000
2,000

452.000

852.000

867,0001 44,000

568.000

I.

47,000

lOO.OOOj

Since

Jan.

1.

116,0t>0

—

Alexcndria. Eqypt.
April 16.

1889-90.

Oct. 1 to April 1.
Bales of 400 lbs. each,
000» omitted.

1888-89.

9,000
3,112,000
This
week.

lept.

1.

ThU
week.

4.000
2,847,000

ThU

Since
Sept.

Sinu

meek.

1.

Sept

1.

1,000 244,000
3,000 140,000;

2,000 215.000
3,000 135,000

2,000 228,000
2,000| 142,000

4,000 384,000l

5,000 350,000

A oautar is 98 pounds.
This statement shows that the receipts for the week ending
April 16 were 9,000 cantars and the shipments to all Europe
*

4,000 bales.

Manchester Market.—Our report received by cable to-nigbt
from Manchester states that the market is strong for both
yarns and shirtings. The demand for both yai-us and cloth
continues good. We give tlie prices for to-day below, and
leave those for previous weeks of this and last year for
comparison:
1890.

Twist.

219,
419,

338,
292,

361,
320,

699,
612,

295,
2S5,

343,
304,

638.
559.

46,

41,
340,

87,
738,

40,
331,

39,

79,

398,

333,

669,

444,
308,

381.
320,

625,
628,

371,
300,

377,
304,

748,
604,

136,
442,

61,

197,
960,

71.
403,

73,

518,

454,

144,
857,

578,
385,

579,
400,

1,157,

474,
375,

5'27,

380,

1.001,
755,

Spinners' stock Jan. 1
Takings in January..

193,
398,

179,
506,

372,
904,

99,
425.

147,
546,

246,
971.

Total supply
Consuinp. Jan., 4 wks.

591,
308,

685,
324,

1,276,

521,
308,

693,
316,

1,217,

Spinners' stock Feb. 1
Takings in February

283,
317,

3t>l,

614.

4.'i4.

771,

216,
334,

377,
380,

593.
714.

600,
308,

815.
324,

1,415,

550,
308,

757,
316,

1,307.

632,

292,
377,

491,
421,

783,
801,

242,
409,

441,
432,

683.
861.

669,
385,

913,
403,

1.581,

r51,
385,

893,
393.

1,544,

:90,

284.

MO.

794.

266.

493,

764,

Total supply
Oct., 1

wks.

Spinners' stock Nov.

1

Takings in November
Total supply

Consomp. Nov., 4 wks.
Spinners' stock Deo.

1

d.

d.

A.

9.

d.

d.

:-<

6^
6ifl

Ois

6%

d.

8 "4

Oct. 1 to

Sales of

Mid.
Uplds

d.

d.

:3.

715,6®8'i86

®7
»7

715,gS8Ti^ 6
7l»,ga8',, 6
8'ie ®8'i«!6

a7
67

7i5i8a8'i

8',«48iln;6

87

a7

1»3
1»3
l>a
lia
3Hi

d.
3iiifl

51I16

5".e
513,g

6

for bagging hag

our last and prices are quoted steady at flir^c.
e^c. for 13^ lbs., 7}^c. for 2 lbs and 8i<^c. for
standard grades. A moderate inquiry is reported for jute
butts, with a steadier feeling.
For paper grades the quotations are l-!i5;a l%c., and bagging qualities are i^(S.2}4c.
fair since

1

632,

April

400

lbs.

624.

624,

780,

1888-89.

1889-90.

1.

each.

Oreat

Ooati-

Britaii-

nent.

236,
4,637.

52.
2,145.

167.
2,346.

219,
4,491,

2.603,
2,093.

4,873,
4,079,

2,197,
1,931,

2,513.
2,015.

4.710,
3,£46,

510,

794.

266,

498,

764,

Oreat
Britain

Continent.

Total.

55,
2,215.

181.
2.422

Supply
2.270
Oonsumptl'n 26 weeks 1,986.

Spinners' stock Oct.
Takings Co April 1..

Spinners' stock Apr.

1

1

281.

Total,

Weekly Consumption,
00< omitted.

InOoCober

In
Cotfr.
Ihs.

Sh iriings.

Jute Butts, Baqoing, &c.— The demand
IJ4 lbs.,

52,

The comparison with last year is made in ire striking by
biiogiog together the above totals and adding the average
weekly consumption up to this time for tha two ye .rs.

January

In February
In March
*

Nominal.
" 21 85,„a8n]^
Nominal.
" 28
2
<r7 3
Apr. 85,6a8ll,e6 2 S7 3
" 11 85 a»8ii,,;G 2 'a7 3
lSi3^iaa811.«G 3 *7 3

Total.

167,
176,

November
In December

1889.

Ootfn
Mid. 32> Oop.
Twisi.
Uplds

Mti.l4 SiiaaSiin

nenl.

243,

In

32f Oop.

Oonti-

236,
463,

4,000370,000

8I4 U>s.
Shirtings.

Total.

Oreat
Britain.

nent.

180,

000» omitted.

Total Europe

Conti-

181,

Exports (bales)—

To Liverpool
To Continent

Great

55,

Total supply
CouBuuip. Mar., 5 wkh

1887-Sb.

2,000
2,704,000

Since

1888-89.

1889-90.

283,

spinners' stock Oct 1.
Takings In October. .

Spinners' stock Apr.

Receipts (cantars*)
This week....
Siuce Sept. 1

3,923,000

457-0
456
938,511,000 1,796.438,000

According to the above, the average weight of the delivaries
Oreat Britain is 473 pounds per bale this seison, as;aia8t
The jatinental
460 pounds during the same time last season.
deliveries average 457 pounds, against 458 pounds UJt year,
and for the whole of Europe the deliveries average 464-5

Alexandria Receipts and Shipments. Through arrange'
Total supply
liave made with Messrs. Da vies, Beuaclii & Co., of
Liverpool and Alexandria, we now receive a weekly cable of Consump. Feb., 4 wks.
the movements of cotton at Alexandi-ia, Egypt. The "following
Spiuuers' stock Mob, 1
are the receipts and shipments for the past week and for the
Takings in March
corresponding week of the |)revious two years.

for

460

1888.

ments we

been

.lbs

In

37,000

totals for the

periods of the

2,058,000

1,865,000

.1i«le«

iveraKe welKlit ol bale*
CakiuKS In pounds

Total supply
Oongnmp. Dec, 5 wks.

29.0OC1

week show that the movement from
other than Bombay is 3,000 liales more than the same

The above

457

For 1888-89.
Taldngs by splnnera

Jonsump.
.•

3,993.000
461-5
968,840.000 1,854.760,000
2,120.000

TaUngs in December.

16,000
11,000

-

1890
1889

week

855,929,000

Britain.

1890
1889
AU others1890
1889

TotM.

Oontinenl.

For 1889-90.
Caking* by apinner*. . .bale*

Madras—

Total

OretU Britain.

1.

Total.

49,000
38,000

20,000
24,000

1,000

been received and we give them for comparison. The spinaen'
takinKS in actual bales and pounds have been as follows:

pounde, against 457 9 pounds. Our dispatch also jjives the full
movement for this year and last year in bales of 400 pounds.

1.

Caloutta -

1890
1889

BVBOPEAN CJXTON CONSUMPTION FOB Aphil 1.— We have
received to-day, by cable, Mr. Ellison's cotton figures brought
down to April 1. The revisad totals for laBt year have aUio

Since
Jan. 1.

Thi*
^eek.

745,0OO'99,OOO 1,123,000
76 1 ,000'73.000, 1,OSO.O<H)
452,000 f)7,000 703,000
523,000,85.0001 85o,0U0

1890 25,000 16.000 41,000 107,OO0!548.O0O
1889 17,O0ol30.00'V47.000|22:).00O;5:t.-<,<)»0
1888

Rteeiplt.

1.

Total.

665

•76.0

77,0
77,0
77,0
77,0
';7.0

sa.o
SO.U
80,0
81,0
81,0
81,0

15«,0
157.0
157,0
158,0
168,0
158,0

•76,0
75,0
75,0
77,0
77,0
77.0

76,0
76,)
76,0
79,0
79.0

151,0
151,0
151,0
156,0
156,0
156,0

7i»,0

Average as given by Mr. Ellison; deduction made from month's

total

on accuuut of stoppage of spindles.

The foregoing shows that the weekly consumption

is

now

158,000 bales of 400 pounds each, against 156,000 bales of like
weights at the corre,''ponding time last year.
The total
spinners' s'ocks in Great Britain ani on the Continent have
itcreastd 11,000 baits during the month and are now 30,000
bales in excess of the same date last season.
Mr. Ellison also gave an estimate of the prospective supply
and consumption for the remainder of the season (March 31 bo
September 30), which, compared with the results for the like
are
period of the two previous years, is as follows.
mdebted to Messrs. Hubbard, Rice
Co. ftr the figures, as

&

our cable did not give them:

We

THE CHRONIC LF.

666
Import March 31

(o Sept.

1890.

30.

American

855,000
1,170,000
200,000

East Indian
eundries
Totallmport, bales of 400 Iba
Btook tn ports March 31, 40 ) lbs
Btook In mills March 31, 400 lbs

219,000

295,000

2,225.000 2.490,000
2.344,000 2,644,000
1,810,000 1,316.000
764.000
794,000

2.207,000

4,724,000
3,893,000

4,548,000
3,828,000

840,000
236,000

831,000
238,000

720,000
215,00 J

Total supplT

Consumpaon, 26 weeks
Stocks at

P'-rts

1,UO,000

1888.
1,131,000
781,000

4,948,000
4,108,000

Total

Of which

1899.
1,131,000

and mUls Sept. 30.

at mills

3,S!)^,000

1,417.000

828,000

475.000
595.000
446,000
527,000
6,935,000 7.017,000
He adds that upon the basis of a crop of 7,200.000 bales.
Europe should take 4.830,000 and America 2,370,000.
Leavlnglnportg, bales of 400 lbs., 604,000
540,000
Leaving in ports, actual bales
7,200,000
Basis of American crop

Sales for Future Delivery— the Proposed Bill at
Washington. The various Exchanges throughout the country

—

dealing in agricultural products have been greatly disturbed
by a bill, very radical in its character, introduced in the
House of Representatives by Mr. Butterworth of Ohio. The
bill defining
measure is entitled
options and 'futures,'
and imposing special taxes on dealers therein and for other
purposes." Under the broad provisions of this measure dealers
in options or futures in all farm products or hog products are required to payannuallyataxof $1,000, and also pay "the further
sum of five cents per pound for each and every pound of cotton
or of pork, lard or other hog products, and the sum of twenty
cents per bushel for each and every bushel of any of the other
articles mentioned in the act." Every person engaged in the
option or future business is required to make application in
writing to the Collector of Internal Revenue of the district in
which such business is situated, and to pay to such collector
|1,000 and give a bond for $5,000, with two or more sureties for
faithful compliance with the act. A certificate is then to be
issued authorizing the applicant to be a dealer in " options " or

"A

'

"futures" forthe psriod of one year.
vided that

Furthermore

it is

pro-

and complete returns under oath be made to the
The penalty attached for entering into
any contract defined by the bill without having a certificate
cate,

and

full

collector each week.

is,

"The

bill, If passed, would also do great injury to the buyer for exhe should receive an offer from Europe for 1,000 bales of cotton
subject to an Immediate reply, and although he may feel conUdent that
he could execute the order within a few days, he Is prevented from
flc?eptlng the offer without subjecting himself to a tax of 5c. a pound.
The foreign bankers ia New York are fully aware of ihe advantages of
selling cotton for tuture delivery. Nearly all th<< cotton that is shipped
to Liverpool Is Immediately sold against In that market, which mattes
the risk of the bill buyer here very small: whereas, prior to the inauguration of the future delivery business, the bankers ran great risk
of a heavy decline In merchandise before the bills they bought ma-

port.

besides the regularly prescribed tax, not less than §1,000 nor

If

tured."

Mr. S. Gruner, also of the committee, who followed Mr.
Hentz, said he had been greatly surprised that at Washington
the feeling should apparently be so strongly in favor of the
passage of the bill. Remarks were also made by Messrs.
Bloss, Rosenfeld, Ide and Fielding, and before the meeting
adjourned the Secretary read a petition which has been presented at Washington as representing the sentiments of the
banks and bankers of the city. The petition requests the
Chairman of the Committee on Agriculture to use his influence in having the bill re-committed, so that the respective
interests may have an opportunity of presenting their objections.

The following resolutions were unanimously adopted by the
members of the Exchange:
Wherew, The Committee on Agrlcultnre has reported favorably to

'

contracts shall be in writing and signed in dupli"

all

[Vol. L.

Housed

Representatives of the Flfty-flr.-t Congress Bill No. 5,353,
as the Butterworth bill, levying a t»x on purchases and sales
on cotton and all hog products, of Bve cent* per
pound, and on wheat, corn, oats, barley and other grains of twenty
cents per bushel, and
Whereas, Should th's bill become a law its effect upon the commerce
of this eouutry would be seriously damaging, and the risk attending
Ihe carrying on of business in these srtlcles, by merchants and bank-

the

known

fur future delivery,

and
ers, would be very much enhanced
Wliereas. The only reason for tlio proposal of this legislation is amistaken idea that the far rers and planters will thereby be benefitted, on
the theory that the prices they will be able to realize for their products
will be greater than is now the case, and that because these articles are
dealt in by speculators the Influence of supply and demanded Is
;

destroyed; and
Whereas, In this era of tlectricity and steam any legislation tending
to restrict or hamper commerce, upon the fan if nl theory that its effect
can only be in one direction, and that for the benefit of the producer, is
Utopian and chimerical
Resolved, That

ttie

New York

Cotton Exchange views with concern

the tendency of lei:islato-8 in Coogre's to enajt laws which, under
cover of the r.iising of revenue, are tn the interest of one class of citizens as against another, and which wd cannot but think are based uimn
a prejudiei-jl understanding of the system they seek to condemn.
uesolved. That it is the opirion of the New York Cotton Exchange,
apart from the damage the psssing of the Butterworth bill would inflict
upon them, that the damage that would actrue to commerce in these
articles would b^ incalculal>le.
Resolved, Tuat the New York Cotton Exchange hereby enters Its
SDlemn protest against the passage of this bill by Coniiress, or of the
passagBOf any other bill of similar purport, believing that its effect
woula be pernic ious and In the highest degree detrlmsntal to the interests it is Intended to benefit.

Rfsotvert, That the New York Cotton Exchange incontrovertibly
The same penalty
maintains f at the prices of comraoilities can be permanently regulated
attaches to the making of fraudulent returns, and in addition bv no other Infiuence than that of supply and demand, and that supply
aiid demand are the
imprisonment for from thirty days to six months may be im- ducers, consumers orunderlying basis of all trading, whether by prospeculators.

more than

|5,000 for each

and every

offense.

Resolved,

posed.

Very naturally a measure
fail to call forth

so radical in character could not

earnest protects everywhere.

and Cotton Exchanges

The Produce

of the city have already presented an

emphatic dissent to the measure in the House through Mr.
Cummings, of New York. They do not object to the portions of
the bill referring to options, but a decided stated is taken, and
with reason, against the taxing of sales' for future delivery.
The system is as necessary to the consumer as to the producer.
The members of the New York Cotton Exchange held a
meeting on Tuesday to further express their views. The
President, Mr. J. H. Parker, in calling the meeting to order,
pointed out the critical condition in which the cotton and
other mercantile Exchanges of the country would be placed it
the bill passed, and stated that the tax proposed, based on the
business of the Exchange, would reach between five and six

hundred millions

of dollars per year,

or nearly twice the

one year's cotton yield.
Mr. Hentz, one of
the committee who went to Washington, spoke quite at length
with regard to the measure. He stated that every business
man sympathizes fully witli section 1 of the bill, which is
meant to prohibit dealings in puts, calls and straddles, and
said that none of the members of the Cotton Exchange dealt
in them.
Mr. Hentz further remarked that many people
outside of the Exchange do not understand tliat the contracts
we deal in contemplate actual delivery of the stuff, and that
it is not betting or wagering in any respect for a decline or an
advance in prices. If the bill is passed, he believed it would
bring about great complications in trade. In explanation of
the nature of the business done at the Exchange, Mr. Hentz
total value of

said:
" It 1a a well known fact that rainy of onr Eastern railU bargain for
the delivery of c: tton for their future wants by buying futures' contracts, and the system enables them to mak^ contra ts ah-ad lor the
delivery of thlr product, and thereby rei)rt>'rs their businrss safe.
Many op-^rator.;! in the South, who make) eon' rac-s forthe future delivery
of otton to the Northern iiiills. Imy future delivery in N,^w York to
'hedge' these transaotions. Wh-n they buy the eottim and sh'p it to
the mills, they sell what they purchased in New York. This rendirs
their baoini'Ss safe.
If they h ivo to pay any advanee for the cotton,
the advance in futures' in New Yurk w.uild CTrespond; lience. they
practica'ly run no risk In the business, and if the market should decline
after the acci ptance of these olTers from the mills, a. corresponding
decline would take p'aoo in New York. They are sal islied to work for a
smiill commission, in oonseijuence of being able to make the trai saction
with safety to themselves.
'

•

and mailed

That a copy of these resolut'ons be furnished to the press
to each representative in Congress.

—

The High Water. Advices to-night indicate that while
the Mississippi River contihues at a very high stage south of
the mouth of the Yazoo River, a gradual fall is taking place
above that point. There have been a few breaks in the levees
reported this week, but all of them have been in Louisiana and
none of them of a serious character. Back water from the
Nita crevasse has flooded the tracks of the Illinois Central
Railroad for a considerable distance, stopping traffic in and
out of New Orleans over that road. The Federal Government
has been requested to aid in checking and closing the break,
and it is believed that the request will be acceded to.
dispatch to tlie New Orleans Picayune from Greenville,
Miss.. April 12, stated that:
AH of the upper streams a^e now going down satisfactorily, bat there
would be a vastly better feelinv if Helena marked five feet, lower than
It Is unavoidable but n 'turai that the extent and limits
it shows to-day.
of the overfiow damage should haveb e.i misstated aud exaggerated
during the past thirty days Now that it has, without more excessive

A

rainfii is, reached i's maximum, it la proper to stale the facts somewhat
lu detail. Exoej.t sou h of Lake Bol ver, between Deer Creek and the
InlH8iallof Ihe delta was overr,ver, the Ijury Is cireums ribed.
flowed cxcepc strips of land mostly in its southern parr alo-g the river

front and Deer Creek and the plantations between Rattlesnake Bayou
at d the river and those ar jund Lake Was'iingtjui in Washington
County. The eoudi ion this year Is not comparuble with that. The
entire Yazoo and Sunfliwer counties are free tr,)iu overflow except in
Sunfluwer. where the B gue enters. None of Yazoo, Holmes, Leflore,
Tiillahatchie or Coahoma are overflowed nor exceeding a fourth of
Tu ica, Qui'inanor Bolivar. Iss iqueua and Sharkey are worse overflowed th<n in 188'.?, also that portion of Washing on between Deer
Creek and the rivjr, but all beyond the creek the latter county has
far ra 're land not under wa'er than in 1«*>2.
Where it is overllowedthedamas-'e is less than if It were beyond the
creek, where the lanrl is lower aud uinre luaccessibii to relief, bur, being
more under observation an overestim ited extent follows. lu 183^ the
far more serious overflow was remote In Its regions of great injury.
Recent iuforinatiou from the hack country reports planting as being
pushed on a'l lands net Inundated. The back water is fal lug in both
Ihe B'lgue and Black bay lU basins. Here It is about on a staud. The
main course of the floods dnwu Klaek bayou to the w. sr, tnsieadof the
east of Deer en ek. is unprecedente I. This was from the location of the
breaks, four 01 t of the six in the delta being in one loc dity, and all
emptyinu into Bl.ack bayou. They occurred at the point of greatest
str .in. the upper part of the s c ion of the river which is levef d on both
siiles. the entrance to a funnel.
Th- re are two reasons for a oomparatlvely rapid decline in he back
ter. The hack delta is empty of oveiflow, and that in the front part
will not be g( rged at the Yazoo, as lu 18s'.i. Tlien. while some of the
cre\'as3es are wide, none are in levees of the first magnitude.
The depth of the inflow of the breaits is greatly misunderstocd. The
invaiiable washout at the point where the levee giv s way has been
commoiilv reported In the dispatch accounts as the depth of the Inflow.
The true depth is of course that of the water as It rested against the
levee before breaking.

w

April 1%

THE CHRONICLE.

1690.1

Shipping News.

—The

exports of cotton from the

States the past week, as per latest
50,759 bales.

H«w York—To Liverpool, per
... La«gell,

mail returns, have

Optn Bith Laa

The Que

1.33«... Miijeallc. 1,115...

d.

n, 1,211

1.0H2
1,053

254
100
1,529

500
250

&prtl-Mar..|a08

MaT-Jnne..|6ia a

IS

—

0|i«n

8 18
a 80
8 21
8 21

231

3,108
1.067
3.930
2.183

1,471

231
7,284

Wednet.

2,750

50.759

m.

7Aur(.

'.4

7,
f4

e.

Bremen, steam

Do

^8

e.

sail

e.

.

•9

indirect.*.

Hunborg, steam.e.

'is'

^is

Do via

Indlreotc.
Amafd'm, steam.e.

Do

50*

so-

50'

50*

50-

50*

4

H

I4

"is

»ie

Indirect.. d.

Beval. steam

Do

d.

sail

"4

"IS

sis"

143935

'4»»S3
*.')2

Antwerp, steam d.
* Per 100 lbs.

^.12

°32

^^32

3

LiVBBPOOL.— By cable from Liverpool we have the following
statement of the week's

sales, stocks,
ifar<;/i2S

Bales of the

week

54,000
Of which exporters took
3,000
Of which speculators took...
2,000
Bales American ........
...
46,000
Aotnal export
4,000
Forwarded
62,000
Total stock— Estimated
1,115,000
Of which American— Eatlm'd 873,000
Total import of the week
100,000
Of vhlch American
69,000
Amount aOoat
..--....,....
190,000
.."
Of which American
95.000
' Loss
15,000 bales Egyptian.
bales

at that port.

<S;c.,

April

i.

46,000
3,000
3,000
37,000
4,000]

53.000

1156000
911,000
113,000
83,000
134,000
60,000

April 11 April 18

24,000
2,000
20,000
6,000
62.000
1,149,000
910,000
60,000
52,000
165,000
53.000

91,000
5,000
6,000
67,000
9,000
83,000
1,112,000
858,000
56,000
25,000
170,000
45,000

The tone of the Liverpool market for spots and futures each
day of the week ending April 18, and the daily closing price?
of spot cotton, have been as follows:
^pot.

Market,
1:45

p. M.

Saturday Xonday. Fuetday.
Rarden'i?
tendencj,

Wedne$. rA«r*d'y.

Fl»rden*K Ext. busl

More
demand.

tendency at d*^arer
fttte-i.

Mld.Upl'd8.
Sales
Bpeo.

k exp.

61s

7,000
1,0(0

63,8

63ie

12,000
1,500

12,000
1,500

614

15.000
3 000

Steady
but
quieter.

6>4

Friday.

September. 8 10

6=10

12.000
1,500

14.000

Qnlet at
T.e4 do-

Steady at

1,000

d.

Market
1:45 p
'.i

Market,

4

p.

M.

ranee.

Firm at

ai

partially
1-84 adT.

Firm.
.'.I'a^'J.

Steady.

partially
t.ei

8te«.y.

adv.

Steady.

d.

«.

6 17
a IB

6 IB

8%

a 18

8 18

6U
618
818
618

aia

ttia

614
614
618

6 18

8 18

6 16

»W

880 881
BM) BBI

860
680

6 47

8 47
8 47

S61
BBI
648
548

6 47

]

I

5 48
B 48

Vrl.,

Apr. 18.

d.

i.

all

a IS
a IB

8 14

8 17
19

8 18

818 817

8 16

a 20
6 21
8 21
8 10
8 20

8 18
8 18

8 18
8 19

a
8
8
8
H

20
20
18
10

8 14

8 20
8 18
8 18

sei
8 81 6e3
Oct.-NoT..., SBl 5 53 SSI BBS
NoT.-Dec... S48 8 90 B48 8 60
Sept.-Pct...

Deo.- Jan..

8 48

ollne.

Steady.

partially
l-et

adT.

Qnlet.

The opening, highest, lowest and closing prices of futures at
Liiverpool for each day are given below.
Prices arc on the
oasis of u plands, Lo w Middling clause, unless otherwise stated

Low. CHo:\Opti Bitk iMft. Oa*.

d.

8 49

8 48

£81
8 82
S 49
8 48

8 40

a 10
8 20

d.

8 14

820 820
'

8 18
8 18
SI<I

'

'

8 62
8 49
8 40

8 18
8 18
6 81
5 62
8 49
8 48

d.

d.

d.

d.

8 18
«I8 818 817
a IS 618 8 18 817
8 17
62J 690 8 20
8 10
8 22 8 21 689
8 20] ass 6 93 693
820 8 93 8 21 628
8 18
891 6Sl2 8 21
8 18 6 99 689 8 91
8 81
8 as 8 to 6 63
8 52
8 84 8 84 884'
8 49
B 81 B SI 8 81
8 4* !bS0 SBl B BO

6 18

618
880
ata
688
684
628
688
8 68

I

'

'

I

'

'

'

!

I

'

'

'

884
8 81
6 81

I
I

I

I

I

BREADSTUFF S.
Frudat. p. M.. April 18, 1890.

The market for fliur was comparatively quiet for the first
half of the week under review. There was a disposition to
advance prices which shut out export orders and put a check
upon local trade. Still there was soma improvement in business from the purchases for home consumption, but it was
not until yesterday that shippers could operate to any extent,
and then they obtained concessions in values which however
did not call for any marked reduction in quotations. To day
the market was steadier but trade was moderate.
The wheat speculation was active and excited early in the
week. There was a severe contest between the bulls and
bears for the control of the market. There were no very
strong influences in operation, but rumors and reports regarding crop prospects and foreign advices were made to serve
the purpose in hand. The squeeze of the "shorts" was at timTa
quite severe; but on Tuesday, in the later dealings, sales to
realize caused a smart decline.
There has been more doing
for export, and yesterday's transactions embraced No. 2 Milwaukee fpring at 89%(o., to a rive, and No. 2 red winter at
f. o.

To-day there was renewed buoyancy,

b.

especially in the later dealings and for the early months,
owing to the continued brisk buying for export, shippers
taking 224,000 bushels, including No. 2 red winter at 97@
97i<c. delivered.

Indian corn futures were variable throughout the week. Supbut a demand to cover contracts gave at times
the advantage to sellers. The improve mant is more decided in
parcels on the spot than for future delivery, and this difference caused at the close an abatement of the buving for
export, which was quite large early in the week. White and
yellow grades are entirely nominal.
Rye is firmer, and yesterday there was a large business for
export. Barley has been more active at full or hardening
prices, but the close is quiet.
DAILY OUiSaiQ PBI0E8 OF HO. 2 BED WIKTBS WHIAT.
Sat.
Hon.
Tuti. Wed.
Frt.
Thuri.
plies are large,

May delivery

0.
0.
o.
c.
0.

June dpllvery
July delivery

August delivery
September delivery

91

93-9

fiO^s

93 '9

92^
Q\\

Ouia

89 %

92%
SO"!)

9319
92'8
9lia

SOM

90

9134

93%
9238
90'9
S9ie

8913
9154
eg"*
90
89
December delivery
93 '9
92>9
c.
91»4
9214
913e
DAILY OLOBINO PSI0B8 OP NO. 2 MIXED OORIf
8at.
Hon.
Tuet.
Wed.
Thur$.
Maydellvery
40''8
0. 39?4
39'9
40
4018
June delivery
0. 40
41
39\
<o
sy'a
July delivery
0. 4o's
4033
i\H
40%
401s
DAILY OLOSDIO PSIOBS OF NO, 2 MIXBD OATS
Sal.
Man.
Tuet.
Wed. TKuri.
30J9
Maydellvery
30i«
0.
2958
30
ZB^s
June delivery
o. 29'9
2919
29
29%
29'i

Pine

ji...^ bbl.

Siiperllne

Extra. No. 2

Kxfa,No.

1

Clears

Sralghts
Piteut, spring

9478
93>s

91\

89''3

89»8
91''8

Frt.

4014
4019
4OS9
Fri.

30%
29^

PLODK.
90»$2 30 Patent, winter
$4 608$5 10
2'J5a 2 55 City shipping, extras. 4 40a 4 50
2 65« 3 05 Uye Hour, superfine.. 3 009 3 15
3 159 3 80
Fine
2759 285
3 40a 4 10 Com meal4 10a 4 90
Western, 4o
2 35» 2 40
4 753 5 50
Brandy wine. ....... 2 45* ....

$1

Future*.

steady at Steady

818

ail

815 818
819 8 18

8 20
5 83

Good
business
duina.

d.

6^0
Ans.-Sept.. 818 810
...

95@95J^c,,

d.

Baroelona,steam d.
O^noa, steam .. .d.
Trieste, steam... d.

a<th L»w.i OlM. Open BiQi

817

late dellv'y.d.

Do

I

d.

a 19 814 «l«
ai« a It 8I«
a IB aia 6 IB
8 18 8 18 618
a 18 819 6 18

Than,, Apr. 17.

a 19
8 50

Cotton freights the past week have been as follows:

Havre, steam

ail
8 18
a 18

Wcdnea., Apr.ltf.

'.

Do

8 11
8 IS
8 16

S48

Get .-Nov.
5 49 B 49
Not.. Dec... a 48 B 47
Doc-Jan... Bia 8 48

June-July
July-Auff

50,759
particulars of these shipments, arranged in our usual
form, are as follows:
AnISantander,
SlornaBremen werp <t
Malaga
Liver- way it
<t Ham- Ooptn- Baret- A Ctn
Hull, Havre, burg, hagen, lona. Amer.
ttool.
Total.
Hew York. 7,481 1,092 1,053
354 2,029
250
50 12.309
K. Orleans
4,4!4 6.227
4,604
1.757 1,501) 18.543
Galveston..
2,229
2,'.;29
Savannah
5,277 1,200
6.477

Tuei.

I

ail

S 48

a 14

a la
8 18

2,257

ls

aia

8 14
a 18 laid
a 18 8 17
8 14 8 IB

4.

10

8 10
8 12

8 49
8 47

'

a 14

8 IB
6 19

Total

Hon.

812

8 18
a IS
a 14

5SS S 98 B

April
April-May..
May- June.,

The

Satur.

8 11
8 13
8 IS

8 14
8 13

a 14

I

Aamut.

Lo'd Clive, 1,302
To Antwerp, per steamer .Switzerland. 231
...

Liverpool, steam d.

811 8

S 49
S 48

14

2,469
1,171

Gracia,l,920

2,260

em
8 10

8 10

4.

d.

814 a IB 8 14 8 16
BBS BBS BBS BBS
S4W S4» B49 B49
B48 8 47 B48 8 17
6 48 B48 3 48 8 48

14

la

1,667

To Bremen, per steamer Rhe'n, 1,471
Philadelphia— To Liverpool, per steamers Pennsylvania, 955

8,653

(

8 1.9
8 12

d.

3.108

1,053

'

15

d.

de Larranaga, 2,617

7,319

Opmatfl

'M». OlM.

d.

6)1

It

September.' a 14

5,277
1,200

Liverpool. i)€r steamers Bostonian, 920
Cephaloi.ia, 620... Norseman, 127
Baltimore— Jo Liverpool, per steamers Euskaro, 548

Total.... 21.435

d.

450

BosTON—To

3.108
1.667
2,468
2,257

4.

eia
811
814
BBS

Auff.-Sept..

1,757
1,500
1,779

Bavann.vh— To Barcelona, per steamer Orbo.5,277.
To Baiitander, per barlf EnKelbrekt, 1.200
Newport News— To LWerpoiil, per steamers Bercroy, 491

Philadelp'a

Ta»e., Apr. IS,

per

bark Ccmsuelo, 300

News

j

14

8
«
a
8

'

Sept.-Oct...!

4,454
8,227
4,004

e 10

6 14
Jnne-Jaly
Jaly-Anff ., aii
a ts
Auffost

51'

To Malaga, per steamer Cristobal Colon, 1,500
Galvkston— To Bremen, per steamer Creole, 1,779
To HambnrK, pertuamer Galveston. 450

ITp't

Apr. I4>

Optn Bift

Tlor.

d.

It.

er9 aio 800 810

April
7,*»(1

...".

To Stornaway, per steamer Moorish Prince, 6.227
To Bremen, per s'eamer Scotland, 4.604
To Barcelima, per steamer Cristobal Colon, 1,467

Boston
Baltimore

Itlasn

Total 6aici

steamers City of Chicago, 2.270

I

Ramon

wni.. Apr. 12.

Unit«»(^

rearheil

Umbrla, 471... WyonjinK. 1.078
To Hull, per steamer Galileo. 1,092
To Havre, per steamer La Bretagne, 1,053
To Bremen, per steamer lilder, 254
To Hnml)urif. per steamer Gellert, 100
Til Antwerp, (ler steamer WaesUiud, 1.529
To openhagen. per steamr Polurla, 500
To Barcelona, perstcumer BurgiinfUa, 250
To C-utnil America, per steamer Colon, .50
Kbw Orleans— To Llveroool, per steamers Floridlan, 1,600....
Historian, 2,954

687

ORAin.

Wheat—

e.

Sprtng, per bush...
Spring No. 2
„
.
Red winter No. 2 ..
.

85
89

Red winter
White

96
80
85

West'n mixed

37

Com-

Weafn mixed No.2. 42
Western yellow
Western white

40
40

0.

8

«
»
9
9

1

03
92
9714

98
98
41
4314

44
44

Rye—
Western.. 11 bu
State and Jersey

Oata-Mlxed
White
No. 2 mixed
No. 2 white

Barley2-rowed State
4-rowed State

Canada

e.
. .

e.

54
5919
54
60
31 • 34
33ia» 18
33 9 3318
34i4«

3518

» 51
9 56
62 • 70

48
53

THE (HKONICLE.

568

Exports of Breadstuffs for March, 1889, and
MSD FOR Nike Mokibs of the Fiscal Year 1889-90.

The exports from the several seaboard ports for the week
wlinK April 13, 1890, are shown in the annexed statement

1890,

Jfarch.

inaittitfBxvt

Com,

Wheat,

from—

1890.

[Vol. L.

Fhmr,

Nine Months.

1889.

Qu'ntiMM

Value.

iju'ntities

Fal««

JlewYork
t
90,341

New York

88,9^6

.,,

177,189
10,219

23.229

Boston

6,109

17,868

. ,

30,649
46,315

Other ous. diBts.i

13,276
13,638

26,684

55,043

26,684

14,930

1,209,714

661,958

1,124,941

2,601,210
768,762
3p6,2H6
1,701,407

1,170.705
350,672
183.177

19..i84,85B
4.9118.213

2,217,71-9

1,026.140

551
528,523

239.860

8,851.996
16,830,085
11,855.761
27,965
6,574,191

8,553.416
2,258.307
3.447.710
0.964.68
5.213.129

5,341,415

8,201,451

3,6.-5,663

68,693,070

6,790
7,517

20,105
17,803

111,0.'5

750
95
68

305,410
241,686
3,663
31,003
861

1,216,51

13,218,,29a
Total, com...
Corn-meal bbU.
.

New York

'.4,684

Boston
Phtladelptala....
!,224

,7

P^.

oust, diets.*
Other ous. dlsts.t

31
24

ll,5l'S

27

Baltimore
New Orleans

'

1.632,761

518,106

39.375

New York

l,25i

9,039

2.1
3;,65o

86,418

48,851

266,015

671,741

4,105

5,199,200

I0,04'

144,t.8.i

'

Baltimore

'

:'3.07'8

22,64

322

96

24

9,583

4.644
:o,0oo

6,27
11,518

New Orleans...
Pac. oust, dials.*

3,938
117,073
3,2:8

10
2.476
4,208

1,795,811

143.310

5'),9S2

101.163

118,206

10,8 '.4!

37,

Other cus. diets.-^

1,647,151
4a,90l

10,9.3
488,051

IB

6.458.226

2,019,479

2.^80.585
9.70S,40<
520.06(
8,957,141

36.',675
10 ,551
116,5:>4

ibi.

ll',65«

I

New York

21,3271

Philadelphia...

Baltimore
New Orleans
Pao. oust, ditits.*
Other cus. dists.-f-

3l0,4,9

6.502;

U,162

1.122,875
777,600
126,880
1,367,717

Boston

:i83,240

11,349

2,68b

41,418

3
258

50
8,600
1,2,9,790

V6

itJ9,

"7,528l
12

47,212

1,71;

88

78,000
1,361,090

171

5,6011

28,525

2,387
30,771

17,88S,»91

570,238

14,350

1,016,673

571,103

lii,733

11,754
7,89S

'09.581

87,837

136,43-

25.045

24,977

21,371

New York

;77,5e>-

111,40

4,683,512

Tutal, ontmeal..
iZl/e, bush.

1,6,566

Boston
Philadelphia,..
2,398
46,051

4,11b

Baltimore

New Orleans.

89,oS!i

.

Pac. cust. dists.*

Other cus.distp.i
133,391

24,977

1,321,211

1,158135

602,031

674, 322

.275,180

66,799
142,603
800,162

69,378
l;8,155
658,229

4'.',J5u

20,,900

,309,273

8,50a
4,000
J.01&,2-0

178, 281
,436

,392,8115

230,08

Total, rye

Wheat,

Boston
Philadelphia. ..

Baltimore

New Orleans

—

27,!i81

617,100
Ic

2ii,14'

2,55a,7H
71,007

1.960,467
Bi,845

Total, wheat
Wheat-flour, bbh

l,812,7c2

S.9j«,«39

,l.'5s

2,629,6.9

888,51)6
ite,8ia
77.'i3»

1,581,020

240,060

1,1P5,832

47a.904

75.3')i

426,1>J6

82><,302

391.401
7.593
135.450
72.093

3,028.639
32,J92

13.7,5
161,327

62,762
"

1.151,287

,681,094

New York
Boston

Philadelphia

Baltimore
New Orleans
Pac, eust, dists.*
Other cu8.di8t8.+
Total,wheat-flu'

i,5«:

2,84.

,^5,',2fl

1,21'

7,

,77S,61

41,911,19;

W6i)

lii.615

373.699

69.899
16.172

691.373
86,306

8.252.110
916.710
597.280
2,312,209
30,896
1,205,»71
871,110

6.339.-54

6S9.00e

3,306,690

8,986,210

5184)0

1

8'.807|

466,13? 2,437,502

182,031|

329,224

73,540

123,698

310,616 1,423,917

114,062'

2,074

15

26,631

468

S'me time
1889...

supply of grain, comprising the stocks in granary
it the principal points of accumulation at lake and seaboard
jorts, and in transit by water, April 13, 1890:

The

visible

Com,

brtth,

31,500

.

;.

Mtlwaiikee.

Diluth

Do

afloat

Toledo
Detroit

,

Oswego
Louis.

St.

Do afloat
Ciioiiinatl

,

doston
Corouto

,

viontreal
Phlladelplila
Peoria.

IndianapoUa
Baltimore
xOnneapolis
at.

Pan

On

Mississippi.

On Lakes

bush,

489,305
10.100
58.400
85.500
15!),IS9
10,750
8,699,166 1,379,914
1,303,770

1,93.5,038

A'.bany
Biffalo

Oats,

buth,

Wheat,

in store at—

NjwYork
Do adoat.

630.088
4,125,766
774,1(8
1,743
901,215 1,237,110
5,893,027
73,000
24,791
803,870
486,766
333,919
^7,227
7,602
40,000
10,000
823,240
37,654
1,008,823
47,1>9
86,044
2,000
7,000
20.000
39,895
179,052
78 516
5,393
169,071
173,063
67,708 1' 5,941
64,251 2,373,463 101,925
5.032
72,166
5,863
33,293
1,500 141,223
123,342
332.112 1,372,096
74,721
201,727
7,497,379
.......
295,000
66,855
148,210
222,705
1,669,139 3,519,376 459,197

buth,

38,269
20.000
41,000
15.013
638,695
81,423

Barley
buth
132,674

14.450
171,834
210.879
136,302

9,339

1,753
7,308
85,000
15.646

6,000
13,177
9,291
51,671

66,6b6
10,973
113,841
83,291

45,028

2,651

14,184
2,980

.

....

..

17,C35
....

.

...

337,656

Tot. Apr. 12,';j0. 26,14-, 639 20,525,781 4,488,850 1,340,31U 1,052,602
To., Apl. 5.'90 26,^15,733 21,412,707 4,504,662 1,375,791 1,176.309
rot. Apl. H,'89. 27,773.722 16.245.187 6,858, 2J0 1,518.958 1,05J,713
Tot Apl 14,'88. 32,979,657 8.323.546 3,457,939 323,830 1,346,873
358,398 792,044
Tjt, Apl. 16,'87. 50,613,183 20,032,093 4,279,775

1,228,8.'3

14,

di&ta.
cus.dists.-t

Pac. cust.

Other

Tot. week.

friud.

New York

5,454
20,236
103,008

57,415

CUoago

10,530

S

Total, oats

106,861

11,BT2

Philadelphia....

18,.5I'4

2.420,526

'4.'2l6

76,661

Boston

1

18,852

16,2*i

:,!;2»

Total, corn-meal
Oats, buah.

734.7^5

942,98.^

21,000

5'',540

376,918
395,913

28,904,272

31,112

257,M1

3,175,712 l.Mb.'lM
Baltimore
3,979,461 1,256,59"
New Orleans
1,05P
1,607
Pac. oust, dists.'
220,277
608,674
Other ous. diste.t

Oatmeal,

8.000
106,761
20,230i

92.226
17,942
5,173

.

250

Philadelphia....

10,014

Bu*K

Buth.

Sf.News..
EUoluu'd

iVSl

15,920

1

Com. busK

Boston

On'na.

S.

2,694,
5(i7.S07
8,22(i,73»

Total, barley....

New Fork

9P,.59«

Baltlm're

9,295
9
534,273

24
949,859
64,555

572,016

11,9 J7

PUladel

Philadelphia..

Baltimore.
New Orleans,.
Pac. cu8t. dlst«.»

316,171

Boston...
Portland.
Uontreal.

ituantitiev

(

Peal.

Bye,

Oatt,

Buth,
271, 95l!
7,053
50,220

Bblg,

BlIKll,

869.

8,321,,.S83
606,,420
1,099,,831
4,531,,172
1.428, 3-2
17,166. 928
1,411,^15

31,516.163
14.581.917
4.K91I.29J
2..1.>.8..'1

12.093.5;i9

42.364.451

1 15.561
4.853,380
3,276.929

THE DRY GOODS TRADE.
NEW YOEK,

Friday P. M.. AprU 18, 1890.

in the wholesale branches of the dry goods trade
opened quiiit the past v. eek, but fi(.e spring-like weather gave
a decided impetus to the di mand for (.onsumpt'on here and

Busimss

wide sections of ihe country, and there was a freer demand
lor reaesortmentfc of spring and summer goods at the hands
of jobbirs towards the close of the period under review.
Business in commission and ituporting circles failed to realize

in

and yet there was a fair reorder demand from
some of the Western and Southwestern markets, and not a
few of these orders were accompanied by encouraging reports
regarding the trade outlook. Reorders from the South were
expectation.",

Ibtala.

New York
Boston

4,551.607
834.501

Philadelphia....

I,6e5.9.j6

2,945,921
806,230
247,601
1,790,509
1,044,301
2,452,814
349,103

).930.0W2

Baltimore
New Orleans ...
Pac. cust. dists.*
Other Gus.dists.-i

1,866.. 03

2,498,183
729,117

34.117.934
8.169,3.

2

7,291,181

23,o0l.3U
8.877.551
2-'.63l,4E4

7,425,533

9,6J6,482
.... l.i.566.219
110,411,387
Grand total.
Value of exports from Pacific districts for the month of March, 1890
»46.783 Willamette, Oregon
»266,091
Oregon, Oregon
•

.

—

:

Pugetsouad.Wash'n Terrify. 221.120
1,963,906
Total
San Francisco, California
t Value of exports from other customs districts
$3,270
78,063
59,713

Braioa, Te.tas,:
Detroit, Michigan

Huron, Michigan

i

for the

Portlaul,

Me

month of Djc.

1SS9 :
tl77,7«l
12,302

aichmoud, Va
1

New Haven, Cjnn

Total

Newport News, Va

-

12,198,183

1

100,00i

$729,117

|

NOTB.—This statement Includes ahou', 97 per cent of the entire exports of the
named from all ports of the country.
The movement of breadstuffs to market is indicated in tht
tatement below, prepared by us from the figures of the New
first give the receipts at West
York Produce Exchange.
em lake and river ports, arranged so as to present the com
parauve movemeni lor lae weeK enoing April la, ic »u, anc
since August 1, 1889, for each of the last three veara:
Articles

disappoinuDg ia volume, floods in the Mississippi Valley having been a serious detriment to business. The statement of

and retire from business.
Domestic Cotton Goods.— The exports of cotton goods
from this port for the week ending April 15 were 1,956

liquidate

packages, valued at $130,787, their destination being to the
points specified in the table below:

Nbw York to April 15.
Great Britain

China
BtceipU at—

nour.

Com.

Oats.

BarUy.

Bblt.ivem Bwai,eoih Bu»k.58lb Buth.SZlb> BlM)l.48 U.
Ohloago
MUwaukee...

Dolath

102,991

108,223

49,516
19,343

59.403
224.800
478.720
38,136
32.483
24,475
92,786

Minneapolis,

Toledo

973

Detroit,.

.

Oleyeland.
8t.LoalB
Peorta

.

..

3,617
5,960
26,021

1,279,099
12,760

660,638
72,03"

11,518

Ry,

50

Arabia
Africa

.... ...........
.-..-.
.....

362

.

24.343
8.700

54,600

8,32 i

510
56
49
735

Other countries

.

857,611

121
15

.......... ....

26,651

..

154.872

*

Week, Since Jan,

India

Bti. 56 Uti

907
19,155
10,120
130,500
233,000

1889.

1890,

We

Wheat.

&

Co, was presented to their creditors in the
F. Plummer
forepart of the week, audit was a most unsatisfactory exhibit,
though by no means unexpected. The Citizens' National
Bank has determined to exact their full claim (|30,000) against
the jobbing house of Harbiuson & Loder, and at this writing
to
it seems probable that the latter concern will be compelled

John

1,498
521
7,916
1,276
2,433
1,247
6,118

1,

Week, Since Jan. 1.

7

564
14,665
2,175
1,^04
1,442
4,817
1,162
1,567
11,202
1,132

56
"iso

688

33

1,697

566

9,974
1,004

2,840

130
281

31

623

.

Total

25,180

1,650

12,500

21,109
798,110
166.2J0

210,113
159,363
258,018

1,065,803

2,838,6£4

1,183,IWI

303,70(1

913,792

1,596,7 ;i

1,176,157

217,531

45.920
29.792

1,730,647

834,810

1,012,101

327,301

20,777

3,663.478
7,018,73i

99,911,714 139,833,507
77,412,359 87,620,653

62,699,il3

22,512,145

60,839,880

23,312,1)2

4,810,119
4,239.190

8 78-91

«fl

'i\

1

18,118

701

29,25-1

•

CUna, via Vancouver

8.800

23,40i

2.750

Total

l.f56
4,018

34,372
1 1,<- 58

1,272
6,580

42f,873

5,974

45,430

7.152

68,863

25,990

Prom New England mill points direct.
The value of the New York exports since January

•

Tot.wk.

Same
Same

'90.

»k.'89.

wk.'88.

Since Aug, 1.
1889-90....
188S-S9....

1887-W

1

)1««'4

m

«7.-<

21

53-?irt"»

H4«'

flOH 9M*-

"48

'>«l

1

have

been |3,039,995 in 1890, against $3,515,336 in 1889.
There was an irregular demand for staple cotton goods by
package buyers, and the jobbing trade was only moderate.
The market has presented few new features of special inThe export demand for brown cottons and demins
terest.

Apbil

THE CHRONICLK

19. 18U0.J

fi69

Importation* of Drr Gooda.
The Importations of dry goods at this port for the rreek
moderate ending April 17, 1890, and since Jan. 1, and the same faots

was more active, and the former are firmly held, while some
makes of the latter (which have been selling below their
actual valuH for some time past), have been slightly advanced

by manufacturers agi^nts. Bleached goods were in
request, with most relative activity in fine and medium grades.
Cotton flannels con inued in fair demand, and there was a
steady business in wide sheetings, corset jeans, satteens,
domets and fine fancy woven shirtings. Prints ruled qui*t in
first bands, and there was an irregular demand for sateens
and woven wash fabrics. Print cloths were in moderate demand and prices remained steady on the basis of 8 6- 16c. for
64x64s and 2;^c. for SGxCOs.
1889.

1890.

372,000
24,000
None.
12,000

Fall River luanufaotHi'ers
Providence speculators

Ontolde speculators

(est)

Uli.iOO

None.
3,000

108.000

Total stock (pieces)

1888.
April li.
20,000
10,000
None.
5,000

A pHl 13.
3S,000

A.pril 12.

Stock of Print OColhi—

Hem by Provlrtenoe manuTers

for the corresponding periods of last year are as follows

60,000

10
to

(0

specialties, as dress goods, &c ,were placed for later delivery.
The retail trade was acive, but stocks in the hands of leading
retailers are ample for the pursuance of current trade, and

there was no general demand for reassortments at the hands
Embroideries, ribbons, &c., were
of impoiters or jobbers.
somewhat freely distributed thi ough the auction rooms, but
at relatively lo^ prices.

&

IN

DUCK

took.

BUpply,

all

No. 109

Crenshaw
16

&

OikKUte
oootova

Mt-*

UM
to

ts

it^QD

tocxeoaM
icto«o--

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a^H^M

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to

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oao
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w

tat.
ccto

u

t-^KkiUlOi

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OC

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'-ooaorfk

I

l^tuawcial.

&

&

New

Co.,

John

L.

and

sale

Hsnbt

BuixAao,

Bullard

&

H.

Whulib.

'

Wheeler,

MAIDEN LANE,
NEW YORK.
Cotton and Bas;f1ng ConunlMion
Merchants.
iniPOKTERH UP IRON COTTON TIES.
119

Co.,

TH E

York..

Orders for Spot Cotton and Futures prompt!
executed.

Financial Review.

li

Street.

G^o. Copeland
184

&;

Co.,

(ANNUAL.)

P^ARL STREET, NEW VORK.

Dyott

and Prodnoa Bzob'i

S3

AGENCY OF

THE HAXALL CRENSHAW
RICUMONU, VA.

CO.,

ORIENT GUANO MANUFACT'G
L.

A.

CARS,

FASTENINGS,
SWITCHES,
SEC'CRITIES NEGOTIATED.
CONTRACTS TAKEN.

CO.

SULrULK MINES COMPANS
OF VIRGINIA.

from Arsenlo.

E8TABLISUEO

&

BELUNO A0CNT8 FOB LKADINO BtUJIDg
SHOWN and BLEACHED HUIRTIN<<
uad HUKKTINUS,]
PRINTS, DENIMS, TICKS, DDCK8, AO.
Towrlsi <(uilie. White Gaode and HoaterT
DrihM, Untettngs, ttc, for fxport TraiU.

OF

FINANCIAL

INFORMATION

Price of thn Review, bonnd In cloth. - S!2
Sabecrtbera,

RAILS,

I.

Bliss, Fabyan
Co.,
NEW YORK, B08TUN, PHILADELPHIA

Year OqoIz

Company,

WALI. STREET, NBUT YORK

Standard Superphosphates.

Pyrites, free

&

LOCOMOTIVES.

Standard Brands of Flour for Shipment to Wart
Climates always ou haad.,j

High Grade

to

OJW -

CD 01

a a. CO u ^1

c: o: Ol

totoooito

fcOMM
J-

OtOlPxtittO

to

(OH
>-o

couiQL

aco

H

-4-pf toio
W'^OiOStO

cw

u-^*,0>o

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I

h'W
^*cto

u
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rroi

I

en^MtOD

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M
CO
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M

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3)(n

oo

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cc^kcoV

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CC

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00 VJl**^--q
»—

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t-»

K- to OC

btCDCOCRrf*

<xi(^ccaco

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18 £xcliaii(Ee Place. Neiv York

ORIENT,

gx »j c: to '^

ib-O-sj^ CD
Kiao

H

id

OOTTON BBOKSBS,

&
Coffee

Oai^K

HMW

HOD

Special attention given to the purchase
of Cotton for future delivery.

comaiissioiv mckcha^nts,
Members Of the Cotton,

M».5^r0

H

OS

ote
MtO

Wisner,

Daane

00
it>

0>0!«.ifci-

u

13S Pearl Street,

Widths and Colors, alvajs

cc

bseooDccH

OOITON BKOKBB8,

ALSO, AOKNT8

«•

1

>-oa»Oi^

aC'ir-ou
10

Dennis Perkins

ONITED 8TATEH BUNTING CO.
A taU

-]tOW-)

<io

t-

COTTON EXCUANGE BriLDING,
New Vork.

STRIPES,

mxoVm
a CO w

OMMHte

tOi-

*-ooapw

COMMISSION MERCHANTS,

ASO ALL HINDS OK
COTTON CANVAS FELTING DUCK
CAR COVERING, BAGGING
RATBN8 DUCK, SAIL TWINES, *0..
"ONTARIO" SEAMLESS BAGS

AWNING "

W.

G-o

Turner

SAIL

»lCi

to

^invmcinl.

MANUFA0TURBR8 AND DEALEHS

"

CCt"<OCOCO

MTo

CC
CD

Co.,

COTTON

^

u
^I

tttO

—

Domestic Woolen Goods. The demand for heavy clothing woolens at first hands was strictly moderate the paft
week. Yet there was a very fair movement on account of
back orders. Prices for heavy cassimfxes, worsted suitings
and overcoatirg8_ruled6teady,8nd the mills have been running
so closely on orders for many months past that stocks
are by co means redundant. Union and cotton warp cassimerts were in fair request, and more attention was bestowed
upon fine allw ol descriptions, but transactions averaged
Worsted suitings, trouserings and diagonal overcoatlight.
ings continued in irregular c'emand and steady in price.
Cloakingp, stockinets and Jersey cloths were take.i in fair
quantities by the manufacturing trade, and desirable makes
Doeskin- jeans were in better
are steadily held by agents.
demand through the medium of order8, and while satinets
ruled quiet, as regards new business, there was a very fair
movement in leading makes on account of former transacFall dress goods were more sought after by largt- buytions.
ers, but seasonable fabrics ruled quiet, and there was a light
business in flannels and blankets.
Foreign Dry Goods.— As a whole the market for impor ted
goods was quiet, but some very fair orders for certain faU

Brinckerhoff,

to

M

K*-

35,000

financial.

M

^ib
<cw
to*.
tow

to

Eagrene
STATIMNRR

t

1SB6.

SappilM Baaks, Uanlttrt, 8tock Brokani aua ooi p
with oomplaui oaulu of Aoooont ttooki a 4

r&tioiis

%W New ooQMroi orffanliiiu wUl bsv« tUclr ore «?

orumpUy exeoated.

Ho.

1

STREET,

(HANOTBB SQDABBI.

00
SO

tic

li. €ole,
ND PRINTKR.

WILLIAffl

•••••!

To Chronicle

WILLIAM
102

B.

DAW A &

CO.,

PUBLISHERS,
Trilllam .>>treet. New Tork.

JOSEPH GILLOTT'S

STEEL PENS.
GOLD MEDAL,

PARIS exposition, 1889.

THE MOST PEBF>'6T OF PENS.

THE CHRONICLE.

570

[Vol. L.

'^xnst &ottipnnizs.

"gvu&t ^amp^xnits.

Union Trust Company Manhattan
NEW YORK.

OF

78 Broadway,

cor.

-

-

-

^jigss.?"!!

F. O. French. N. Y.
B.J. Cross, N. T.
H. L. Hlgginson, Boston.

Aoo«pts the transfer agency and reglBtry of stocks,
And acu as Trustee of mortKages of corporations.
Allows Interest on deposits, wbloh may be made
at any time, and withdrawn on five days' notice,
with Interest for the whole tlmethey remain with
h0 oompany.
For the convenience of depositors this oompany
Also opens current accounts subject. In accordance
with Its rules, to check at sight, and allows Interest
noon the resulting dally balances. Such checks pass
through the Clearing House.

August Belmont,

U
A LEGAL DKP08IT0RT FOR MONET.

TRUSTEES:

James M. McLean,
Ambrose 0. Klngsland,
James H. OglWle.
James T. Woodward,

Henry A. Kent,

B. T. Wilson,
Wm. F. Russell,
0. D. Wood,

H.Frothlngham,".
George A. Jarrls,!
C. Vanderbllt,
A. A. Low,
G. G. Williams.
I.

James N. PlattJ
D. C. Hays.

Wm. Alex. Duer,
Charles H. Leland.
Mward King

Kemsen,
Edward gcheU,

R. G.

. B. Wesley,
D. H. MoAlpln^

Amasa J.

Parker,
Samuel F. Barger.

«eorge B. Carhart,.
Geo. C. Magoun,
Ohiancey M. Depew,
fiUVan RennsePr Kennedy, W. Bmlen HooaeTelt,!

KXKCCTIVB COMMITTEE:

Wm. Whltewrlght,

Q. G. Wll.lams,
E. B. Wesley.
C. D. Wood,
8eo. C. Magoun,
A. C. Klngsland.
D. 0. Hays*^
KINO, President.
JAMBS M. MrLKAN, First Vloe-Prest.

James McLean,

EDWARD

A

O.

JAMES U. OGILVIE, Second Vloe-Pres't'
aONALDSON, Secretary.
A. W. KELLBY Assistant Secretary.

Jr.,

Henry

.

I

A. 8. llosenbaum, N. Y.
Bam'! R. ShlpleyiPhlla.
R. T. Wilson. N. Y.
J. I. Waterbnry, N. T.
H. O. Noithoote, N. T.

a legal depository for moneys
paid Into court, and is uutborlied to act as guardian

company.
Executors, administrators, or trustees of estates,
WOMEN unaccustomed t the transaction of
business, as well as religious and benevolent institutions, will find this company a convenient depository for money,
JOHN A. STEWART, President.
GEORGE BLISS. Vice-President.
JAMES S. CLARK, Second Vice-Pres't.

and

>

(

..

_

.

H. B. Lawrence. W.B'y'dCutting,

HENRY

ILOUIS

L. THORNBLL, i-ecretary.
G. HAMPTiiN, Assistant Secretary.

Holland Trust Company,
Mo. 7 Wall Street, New York.
Capital and Surplus Fund
Si, €00,000
Allows Interest on deposits; and interest on balances of active accounts of merchants and others.
Transacts a general banking business.
Lends money on promissory note, with New York
or Brooklyn appraised real estate tlrst mortgage,
with title guarantee policy, as collateral security.
Acts as Executor. Trustee and Guardian, under
wills, for the fixed statutory charges; also as Registrar, Trustee, Transfer and Financial Agent for
States, Cities, Railroads, Towns, and other corporations, and for Heal Estate Mortgages with Coupon
Bonds In New York Brooklyn, and elsewhere.
t OUeots Rents, Coupons and Dividends.
Ifegotlates State. City, R'y and Corporation loans.

ITBUSTEES;
Barrett A.

Tan

Allen.

Benjamin F. Vosburgh,
Warner Van Norden,
James B. Van Woert,

Van Nostrand,
John R. Planten,
Henry W. Bookstaver,
O,

Robert B. Roosevelt,
Tunis G. Bergen,
Geo. M. Van Hoesen,
William Dowd,

I

U.9.4percent[ 81,000,000

i

I

John Van Voorhts,
W. W. Van Voorhls,
Geo.

W. Van

Slclen,

Augustus Van Wyck,
Jotnam Goodnow,
I

1

I

Joseph S. ?tout,
C. W. Uutchluson,
Charles P. Ualy,
Daniel A. Heala.

ROBERT B. ROOSEVELT, President
JOHN D. VERMBULE, Vice-President.
GEO. W.

VAN

8ICLKN, Secretary.

Metropolitan Trust Co.,
87 and 39

AVmll Street,

Fald-Up Capital

New York.

81,000,000
^.
.T
«i«-Z,3gO
Designated as a legal depository by order of
Bnpreme Court. Receive deposits of money on

Bonds at par. ;
(
$2.'2<tO,OO0 00
Capital and Surplus
INTEREST Al.l.OWBIi OS DiP03lTS.

THOMAS

CHARLES M. JJISUP, led Vice-PresldenU
BBTEKLY CUiiW Secretary

A. Backer,

John King,
E..N.Gibbs,Norwtoh,COIUU
William T. Booth,

Edward

Daniel S. Lamout,
Aug. Kountze,

Uhl,

John G. McCullough,

Loomis L. White,

JOHN

LAM80N. Secretary.

L.

wnich may be made subject to check at sight or

returnable at fixed dates.
Cbeclie pass through New York Clearing-House.
Is a safe depository for funds awaiting invest-

The Nassau Trust Co.

ment

OF THE CITV OF BROOKLYN.

Authorized by special charter to act as executor,
trustee, administrator, Kuardian, committee, receiver, or in any other position of trust.
Is a designated depository for Court moneys.
Acts as registrar ur transfer agent of stock and
bonds, and as trustee for railroad or other corporation moitgages.
Execute orders iu V. 8. Bonds and other Invest-

New York
101 Broaaway, Brooklyn, N. Y.

Organized under the laws of the State of

CAPITAL

RIPLEY B0PK8, President.
ROSS CUBRAN. Secretary.
FREDE. C. COLTON. Asst. Sec.
TRUSTEES.

J AS.

;

Ripley Ropes,

Abram B. BayilB,
H. W. Maxwell,
J.J. Pierrepont,
C. M. Pratt.

Wm. H. Male.

E. F. Knowltnn.

Telephone, 990 Willlamaburg.

Qeo.G. Reynolds.

WUEELOCK, President.
WILLIAM UICK,
„.
p,a,'t«
JOHN TKUSLCW, » '<:e-"^e« ".
O. F. RICHARDSON, Seoretarr
TRtSTKKlSi
T.A. Havemeyer, C. D. Wood
Wm. Dick,
F. W. Wurster.
Wm. H. Male,
A. D. Balrd.
Darwin R.James, Bernard Peters, Low. M. Palmef 1
Wm. B. Horwtll, Joseph F.KnappT
H. H. Rogers,
Geo. H. Prentiss, Joel F. Freeman,
B. B. Tuttle,
John Truslow, Jno. T. Willetts, Wm. F.Garrison,
A. D.

THE

I

1

WASHINGTON
TRUST COMPANY
of the citt of new york.
Stewart Building,
-

DAVID

-

~
-

-

CAPITAL
SURPLUS

-

Broadway.

280

.
-

.

.

Thos.F.Rowiand, Chas. H Russell, A. D. Wheeloek
Ditmas Jewell. John Louvhran. Edwd. T. Hulat.

S500,000

.
-

8t£30,000

CHARLES

M. MORRISON.

CLARK

Provident Life

F.
Vice-President.
Secretary.

L. T. Powell,
George L. Pease,
Wm. H. Hall.

Incorporated Third Mo.,

ns.

performance of which its capital and
surplus fund furnish ample security.
All trust funds and tovestraentsare kept separate
apart from the assets of the company
and
The income of parties residing abroad careful
collected and duly remitted.
SAM'L R. SHIPLEY, President.
T. WI8TAR BROWN, Vice-President.

ASA

Trust & Savings
Bank,
CHICAGO, IL.L,.
Sl,!'«00,OaO

S.

SKCONl) TEAB.
Ik cabi or lapse the Policy is continued in roBCl

Glbbs, Cashier.

DIRKCTORS
John B. Drake,
Wm. H. Held,
John J. Mitchell,
Wm. G. Hibbard,

John

:

L. Z. Leiter,
H. Mitchell,

Wm.

George

Sttirges,

Koch

&

Co..

SOUTHERN SECURITIES

Negrotiators of First Mortgra^e Loans,

2,603 Soutli Halatead Street,

ILiLUirOIS.

Manning,

State, Municipal and Railway Bonds and Uoapoii
ought and sold at best market ratee. InTestorsor
(laleri wishing to buy or sell are Invited to comman;tu with ns.
Member of the KewYork Slock Bzcbanse.

BAIWKERS.

CHICAGO,

B.

BANKBB ANB BRU&KU.

J.C. McMulUn.

Schaar,

N. J.

POLICIS8 ABSOLUTELY NON-FORrBlTABLK AFTEB

President.

James

NEWARK,

as long as its value will pay for; or. If preferred, a
Paid-up policy for its full value Is issued in exchange.
After the second year Policies are iscontestabi,!,
except as against intentioral fraud; and all reatrictioru at to Teeidtnc€, travel or occupation are removed.
Cash loans are madeto the extent of 50 per cent
of the reserve value, where valid assifcnaiente of the
policies can be made as collateral 6ecur.,.y.
Losses paid immediately upon completion and ap*
proval of proofs.

H. Mitchell, Second Vioe.Pr««ldent'

John McCaffery,

CO.,

President.
Assets (Market Values), Jan. 1, 1890....»45,23C,963 29
Liabilities (N.Y". and Mass. standard).. 41,t'28,628 28
Surplus
3,408,385 03
Surplus, by former N. Y. Standard,
8,836,038 03
(Am. Ex. 4}< per cent Reserve)

Dralie. Vice-President.

Wm.

Vice-President and Actnary

AMZI DODD,

ASSIGNEE lor ESTATES, INDIVIDUALS and
CORPORATIONS.
OFFICERS
J. Mitchell.

WING

LIFE INSURANCE

This Bank is directly under the Jurisdiction and
sunervision of the State of Illinois, is a LEGAL
DEPOSITORY for Court Moneys, and is authorised
to actas TKUSTKE, EXKCUTOB, RECKIVBR and

John B.

S.

The Mutual Benefit

Illinois

John

1

faithful

provisions of its Charter this Company U
authorized to receive deposits on time, or subject
to check through the New York Clearing-Uouse
allow interest on daily balances, and special ratei
on deposits remaining a specifled time; issue cer
tiflcatesot deposit; act as Executor, Administrator.
Guardian, Trustee, Receiver, Fiscal and Transfer
Agent, and Registrar of stocks and bonds, and do
any and all other business usually dune by Truat
C ompanies of responsibility and standing.

-

1866

$1,000,000
ASSETS, 922,696,592 98
INSURES LIVES, GRANTS ANNUITIES, BHCEIVES MONEY ON DEPOSIT, returnable on
demand, or on which interest is allowed, and Is
empowered by law to act as EXECUTOR, ADMIN.
ISTRATOR, TRUSTEE, GUARDIAN, ASSIGNBB
COMMITTEE, RECEIVER, AGENT, etc., Vorthe

Charles F. Clark,
Theo. A, Havemeyer,
Beth E. Thomas,
Lucius K. Wilmerdlng.
Georne A. Monison,
Joseph C. Baldwin.

AND suapLus,

i:2d,

CAPITAL

By the

CAi'iTAL,

Trust Co,

(CHARTER PERPETUAL

Patrick Farrelly,

George E. Hamlin,
P. C. Lounsbury,

Waldo Hutch

&

1

OF PHILADELPHIA.

TRUSTEE S:

Joseph F. Knapp.
David M. Morrisou,
Henry H. Rogers,
Charles U. Russeii,
George H. Prentiss.
Joet F. Freeman,

$600,000.

Deposits received on time or subject to check.
Interest allowed on daily balances, and speeiat
rates on depoiits for a specitied time.
Authorized by law to act as Executor, Adminls*
trator. Guardian, Trustee, Receiver, Fiscal an4
Transfer Agent and as Registrar of Stocks and
Bonds is a legal depository for Trust Funds, and
for moneys paid into court.
Accounts of Religious and Benevolent Instltn
tlons. Societies and individuals BOlicited.
Checks on this Company are paid through the
New York Clearing House.

ment securities.

Hnrplas

Uiterest, 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.
HlLLUOUSK, President.
FREDERICK D. TAPPBN, Vice-President.

Vioe-Pr«»t.

Stuart G. Nelson,
M. C. D. Borden,

00

INTEREST ALLOWED ON DEPOSITS.

William Remsen,
John D. Vermeuie,

L.

C.C.Baldwin,

entirely invested

FRANCIS H. PAGE,

Wm. D. Sloane,
James Low,
George Bliss,
Wm. W. Phelps, Wm. Libbey,
G H. Schwab,
D. Willis James, John C. Brown, Frank Lyman
John A. Stewart, Edward Cooper, Geo. F. Vietor.

1st Vioe-Pres't

STRONG, d

Wm. A. Booth,
Wm. H. TUllnghast,
Wm. H. Beers,
Wm. L. Scott, Erie, Pa.

Corner JUontaffue and Clinton Streets.

CAPITAL- On

President.

Daniel D. Lord, Anson P.Stokes,' Alex. E. Orr,
Samuel Sloan,
Geo. H. Warren, 'Wm. H. Macy.Jr.,
_ __
_

WM.

The Brooklyn Trust Co.,

TRUSTEES:
Wilson G. Hunt, Erastu9(?orning, Chas. S. Smith,
Clinton Gilbert, Jno.H. Rhoa(les,'Wm. Rockefeller,

Pres't.

H. APPLBTON,

TRUSTEES.
ALLOWS INTEREST ON DEPOSITS. EXEJae. J. Hill, St. Paal,Uina
S. Falrchlld,
CUTES TRUSTS OF EVERY DESCRIPTION. Chas. H. Appleton,
Hudson Uoagland,
Wm.
Roswell P. Flower,
Wm. L. Strong,
REGISTRAR AND TRANSFER AGENT
James StlUman,
Wm. F, Buckley,

or trustee.

1NTBRB=T 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

FAIRCHILD,

S.

This Company is a le^al depository for Court and
Trust funds. Allows Interest on deposits. Acts as
Executor, Trustee, Administrator, Guardian, and
Receiver. Takes entire charge oi^ Real and Per.
Acts as Refrister and Transfer
sonal Estates.
Agent of all Stocks and Bonds.

J. I. Waterbnry, V.-Pres.
F. O. French, President.
C. W. Hasklns, Secretary. A. T. French, Treasurer.

John T. Martin,
Josiah O. Low,
OF NEW YORK,
Alex. M. White, Fred. Cromwell,
John P. Rolfe,
A. A. Low.
4-5 and 47 Wall Street.
Mich'lCbauncey, H'v K. Sheldon.
CAPITA!, AND SURPLUS, - SS,000,000 Wm. B.Kendall. :: D.Wood.
Is

CHARLES
WM.

T. J. Coolldge. Jr., Bos.

Ex. Norton, N. T.

....

8i;aPL,i;8

N.Y.James O. Sheldon, N.Y.

Cbicaca

Field.

United States Trust Co.

Thi« company

«1,000,U0« 00
INVESTED IN UNITED STATES BONDS.
9300,000 00

H. W. Cannon, N. T.
John B. Ford.N T

E. D. Randolph, N. Y.
C. C. Baldwin, N. Y.
Chas. F. TagrN. Y.

....

CAPITAL

DIBBCTORS:

to aot ai Bxecator, Administrator
Snardlan, Recelrer, orTmatee, and

Security and

Trust Company,
46 WALL STREET.

•1,000,000

CAPITAL,,

3,637,160

Antbomed

Wm. Whltewrlght,

New York

Trust Co.
NEW YORK.

ST.,

Rector St,N.T.

...

CAPITAL,

SDRPLW,

WALL

No. 10

A 8FKC1ALTT.
I

NO. 14

WnU

Street,

New Verk

ultjr