The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
G ü ltig
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
[Entered according to Aot of Congress, In the year 1892, by Wm. B. Dana & Co., In the Offloe of the LibrarianJof Congress, Washington, D. a ]
V O L 54.
N E W Y O K E , A P R IL 2, 1892.
Jfitmndal.
Ifitmwcial.
A M E R IC A N
B an k N ote Com pany,
78
to
86 TRINITY PLACE,
N EW YO RK .
B u s in e s s F o u n d e d 1 7 9 5 .
C orp s rated under L t n of the State of Hew York, ISIS.
R e o rg a n iz e d 187 9 .
E ngravers an d P rinters of
B O N D S , POSTAGE & R EVEN U E S T A M P S ,
L E G A L T E N D E R A N D N A T IO N A L B A N K
N O T E S o f th e U N IT E D 3 T A T E 8 ; an d fo r
F o re ig n G o v e rn m e n ts .
ENGRAVING AND PRINTING,
B A N K N O T E S , SHARE CER TIFICA TE S,BO N D S
F O B GOVERNMENTS AND CORPORATIONS,
D R A F T S, CHECK8, BILLS OF EXCHANGE,
STAM PS, A c., In the finest and most artlstlo style
FR O M STEE L P L A T E S ,
With SPECIAL SAFEGUARDS to PREVEHT COUNTERFEITING.
Special papers manufactured exclusively for
use of die Company.
S A FE TY COLO RS.
SAFETY PAPERS.
W ork Executed In F irep roof Buildings.
LITHOGRAPHIC AHD TYPE PRIHTIHQ.
R A IL W A Y T IC K E T S OF IM PR O V ED S T Y L E S.
Show Cards, Labels, Calendars.
JAMES MACDONOUGH, President.
AUG. D. SHEPARD,
1 ... _ _____
TOURO ROBERTSON, [ VIce*Pre8,dent«THEO. H. FREELAND, S ec’ y and Treat,
JNO. E. CURRIER, Ass’ t S ec’y.
J. K. MYERS. Ass’ t Treat.
John L. Williams & Son,
BANKERS,
AND DEALERS IN
*
*
SOUTHERN INVESTMENTS,
R IC H M O N D , V A .
T r a n s a c t a G e n e r a l B a n k i n g B u s i n e s s . N e g o t ia t e
R eRe 4 M u n i c ip a l Lo a n s , C o r r e s p o n d e n c e I n v it e d
Our M A N U A L
IN V E S T M E N T S
largest work of^the kind published by any Banking house Is
America. Gratis to clients dccorrespondents; toothers, $3 acopy
“ ¿Most elaborate, handsomest and most useful work treating
upon Southern properties which ever came to notice."—Boston
S “ Worth its weight in gold."—Norfolk Landmark.
Recognized as standard authority, and holds a high reputation
Doth in Europe and United States."—Washington Post. 44The
State., cities, railroad., and other properties of the South are
described with a clearness and mlnatonei, of detail of great raiuo
to investors."-3T. Y. Jov/m. of Commerce, il A complete financial
an* industrial record of the Southern States."—.N. O. Times-Dem.
SMsknowof no other work to oompare with this Manual tor these«
tent and variety of Information it contains.’ ’—Money, Lon., » »g -
OF
SOLID
SILVER,
G O R H A M M ’f ’g Go.,
Broadway & 19th St.,
AND 9 MAIDEN LANE.
T H E F O U R T H N A T IO N A L
B A N K O F T H E C IT Y O F N E W
YORK
OFFERS
TO
DE
P O SIT O R S E V E R Y F A C IL IT Y
W H I C H T H E I R BALAN CES,
BUSINESS AN D
R ESPO N SI
B IL IT Y W A R R A N T .
Walter Del Mar & Co.,
Members New Y ork stock Exchange,
75 OLD BROAD STREET,
LONDON, E . C.
M itm n c in X .
A m erican E xchange Bank]
ST. LOU IS, H O .
Capital, - 2 5 0 0 ,0 0 0 1Surplus, - $ 3 0 0 ,0 0 0
P E T E R NICHOLSON, President.
A L Y A H MANSUR, Yice-Prealdent.
_
W A L K E R H IL L , Cashier
this State*1 **m i M M C * to every banking p oint la
Henry Sproul &
78
FOURTH
Co.,
AVENUE,
P IT T S B U R G , P A .
The National Park Bank
o f New York.
MEMBERS OF THI
NEW Y O R K STOCK EXCHANGE.
P H IL A D E L P H IA S T O C K E X C H A N G E .
P I T T S B U R G E X C H A N G E (3 M e m b e r s ).
C ap ital,
Su rplu s,
$ 2 ,0 0 0 ,0 0 0
$ 2 ,8 0 0 ,0 0 0
SUPERIOR COLLECTION FACILITIES.
BUY AND SELL FOREIGN EXCHANGE
E X T E N S IV E S A F E T Y V A U L T S F O R
T H E CONVENIENCE OF D EPO S
IT O R S A N D IN V E S T O R S .’
Entrance only through the Bank. -API
W il l ia m W il so n & Sons , Established 1808.
W il s o n , Co lsto n & Co.,
«
1867.
Wilson, Colston & Co.,
Members o f Baltimore Stock Exchange.
BAN KERS,
2 1 6 E a s t B a ltim o r e S tr e e t, B a lt im o r e .
Investm ent and Miscellaneous Securities a speci
alty, and whole issues handled.
Exceptional facilities fo r dealings In all classes o f
Southern Bonds. Loans on Collateral Securities
negotiated.
R. J. Kimball & Co.,
E b e n e z e r K. W r ig h t , President.
A r t h u r L n a r t , Vice-President.
G i o r g i s . H ic k o k , Cashier.
E d w a r d j . Ba l d w in , A ss’t Cashier.
BANKERS AND BROKERS,
1 6 a n d 18 B r o a d Street, N ew Y o r k .
DIRECTORS.
.M enibers o f the New y ork gtoCk Exchange and o f
the Philadelphia Stock Exchange.
R o b e r t J .K im b a l l . A l f r e d B. L o u n s b e h r t .
A rthur Leary,
Charles Scribner,
Eugene Kelly,
Edward C. H oyt,
Ebeneser K. W right,
Edward E. P oor,
Joseph T. M oore,
W . R ockhill Potts,
Stnyvesant Fish,
A ugust Belmont,
George S. Hart,
Richard Delafleld,
Charles Sternbacb,
W ilson G. B unt,
Francis R . Appleton
William A . Lombard,
150 BRO AD W A Y, NEW Y O R K .
¿T.
NO. 1,397.
Offers fo r sale Choice Bonds and Mortgages.
A S P E C IA L T Y -N E W YORK CITY & COUNTRY
BANK STOCKS,
N e t t in g P u r c h a s e r s 4 t o 1 0 P e r c e n t .
SEND FOR QUOTATIONS.
Eq u ¡table Mortgage Co.
(Established In 1866.}
G. R. Voss,
Commercial Paper,
Bonds,1 Stocks and Investm ent Securities.
608 FIR ST N A T IO N A L B A N K BUILDING,
Omaha, Nebraska.
H . J. TON h e m e b t .
g. l
. B oisse TAIN.
von Hemert & Co.,
BOND
AND
8TO C K
BRO K E RS,
ROANOKE, YA.
S O U T H E R N IN V E S T M E N T S E C U R IT IE S
A SPECIALTY
C a p i t a l a u t h o r i z e d .......................... $ 4 , 0 0 0 , 0 0 0 0 0
P a i d In ( C a s h ) ..................................... 2 , 0 4 9 , 5 5 0 0 0
S u r p l u s & u n d iv id e d p r o f it s .
8 3 0 ,3 9 0 0 7
A s s e t s ................................
1 4 ,0 7 4 ,8 1 3 5 0
BANKERS AND BROKERS,
T h i s c o m p a n y s o li c i t s c o r r e s p o n d e n c e
56 B R O A D W A Y, N. Y .
a b o u t a l l fi r s t - c l a s s I n v e s t m e n t s e c u r i t i e s .
BOSTON OFFICE, 53 STATE ST.
B o y s a n d n e g o tia te s M u n icip a l, R a i l r o a d ,
Members o f the New Y ork and Boston Stock E x
W a t e r , In d u s tr ia l a n d I r r ig a t io n B o n d s .
changes. Private wire between the tw o offices.
Is s u e s Its d e b e n tu re s a n d n e g o tia t e s
Inform ation given in regard to all Boston securi
m o r tg a g e lo a n s .
ties, and quotations furnished.
C H A R L E S N . F O W L E R , P re s id e n t.
CHA8. BENJ. W ILKINSON, Vice-President.
H E N R Y P . CHURCHILL, Vice-President.
B. P. SH AW H A N , Sec. and Treat.
O F F IC E S t
in v e s t m e n t s e c u r it ie s
New York, 808 B ’way.
I Boat., 117 D evonshire St.
Phlla., 4th and Chestnut. Kansas City. Missouri.
London, Knorland.
I Berlin. Gormur*
26 W all St., ypf*' Y«v-h and St. Louis,
Parkinson & Burr,
A.. J. Weil & Co.,
TH E
li
JV O U L1V.
C H R O N IC L E
jBanheics and grawens oi Ifoxxifln % % cIi m x q z >
Drexel, Morgan & Co.,
BARING, MAGOIJN &
WALL STREET, CORNER OF BROAD,
[N E W Y O R K .
C or. o f 6th AChestnut St«. 31 B oulevard Haussmann
P A R IS .
P H IL A D E L P H IA
DOMESTIC AND FOREIGN BANKERS.
Deposits received su bject to
i s
t
e
a
«
eS $ ~ e d
*
s
r
CO.,
1 5 W ALL ST., NEW YORK,
BAN KERS,
SUCCESSORS TO
2 9 William Street, corner Exchange Place,
KIDDER, PEABODY & CO., NEW YORK,
Drexel,Harjes & Co.
Drexel & Co.,
Heidelbach,
Ickelheimer & Co.,
S
ISSUE
Buy and Sell Exchange
on principal European cities.
Issue Commercial and Travelers’ Credits
available in all parts o f the world.
Circular Letters of Credit
for Travelers Abroad
Agents and Attorneys o f
BARING BROTHERS & CO., L i m it e d ,
LONDON.
KIDDER, PEABODY & CO., BOSTON.
available in all parts of the world,
on the
UNION BANK OF LONDON, L’ T’D.
These credits can also be obtained at the
Fifth Avenue Bank, 44th St. and 5th Avo
ers,a v ^ 1 ^ 1e to f a n p a rtaCo fa-he world.
Choice Investment Securities.
attorn eys an d agents o i
' inauth, Nachod & Kühne
n em ri. J. S. M O R G A N & CO .,
HO. 22 OLD BROAD STREET, LONDON.
Brown Brothers & Co.,
P H IL A.
a t w .X
NEW YO RK ,
59 W a ll St.
BOSTON .
B R O W N & SON S, B A L T IM O R E .
S
?
»
Investment
• .
»uaS.onBiu^“riw; Securities.
S a d on'alfpoints^n the United States and Cana
d a and d r a f t s ^
the United States on fo r
eign countries.
t
.
B uy and sell Bills o f Exchange
s e t t e r s
and ma^e cable transfers on
all points. Issue Commercial
j .
and Travelers’ Credits available
C r e d i t .
in all parts o f the world.
NEW YORK.
Orders executed fo r all Investm ent Securities
A ct as agents o f Corporations, and negotiate and
Issue Loans.
J. & J. Stuart & Co.,
TE LEG RA P H IC
LE TTER S OF
CREDIT
D
& COUNTY R A N K ,
“ LIM ITE D .”
MANCHESTER, P A Y A B L E IN LONDON*.
U L S T E R H A N K IN G C O M P A N Y ,
B ELFA ST, IR ELA N D ,
a n d on th e|
SC O TLAN D ,
EDINBURGH AN D BRANCHES.
ALSO
C AB LE TRAN SFERS & LE TTER S OF CREDIT»
ban kers.
AGENTS AND CORRESPONDENTS OP THE
T H E N EW YO RK
Messrs. ROTHSCHILD,
Produce Exchange Bank,
SUCCESSORS TO
JE S U P , PA TO N & CO.,
5 2 W i ll i a m Street, N ew Y o r k .
A Ä nÄ
Ä
C r e d it »
80ld*
P a ris H ou se—-M U N R O E & CO.
Schulz & Ruckgaber,
BAN KERS,
STREET, NEW Y O R K
'C orrespondents o f the.
International Bank of London (Limited),
doh. Boronherg, Geasier A Co., Hamburg.
Bremen Bank, Bremen.?
Marcuard, Krauss de Co., Parle.
: Commercial and Travelers’ Credits.
_____ Cable Transfers.
Bills o f Exchange.
MCountze Brothers,
**
BANKERS,
12 B R O A D W A Y , Equitable Building, N EW YO RK
LETTERS O F C R E D I T A N D C I R C U L A R
;n o t e s
F Issued fo r the use o f travelers in all parts o f the
—orld. Bills drawn on the U nion Bank o f London.
Telegraphic transfers made to London and to
various places In the United States. Deposits re
ceived? subject to check at sight, and interest
allow ed on balances. Governm ent and ° i ^ ^ k o n d s
and investm ent securities bough t and sold on com
m ission.
___________
SWISS UNION BANK,
Schweizerische Union Bank.
S T . G A L L E , (S w itzerla n d ).
s dt o Ä p o ? a Ä
Transacts a general banking business.
R eceives accounts o f banks, bankers and corpora
tions upon favorable terms.
Issues certificates o f deposit bearing Interest.
Solicits m ercantile and personal accounts.
Bills o f exchange drawn on, and cable transfers
made through, T H E CITY BAN K. L im ited
LONDON.
Circular letters o f credit Issued fo r travelers’ use
in foreign cou n tries; also com m ercial credits.
A ccounts- o f foreign bankers received and col
lections in th e U nited States m ade on favorable
terms. A gents In New York o f the
BANCO N ACION AL DE CHILE.
in paying coupons
Ä
S
Ä
Ä
Ä
a
B U FFA LO , N. Y .
d
DRAW on
T H E UNION B AN K OF LONDON,
BRITISH LINEN CO. B A N K LONDON AN D
SCOTLAND.
_____________
J. & W . Seligman & C o.,
BANKERS,
N o. 23 B R O A D S T R E E T ,
N ew Y o r k .
Issue Letters of Credit for Travelers
On SELIGMAN BROTHERS, London.
SELIGMAN A^STETTHEIMS iR, Frankfurt.
i W S o o f f l . D B E R O A C 0J>m sterdam .
A L T M A N ’* }g ^ T H E I M E R .^ e r ll n .
Payable In any part o f Europe, Asia, A frica, A us-
j , g,
j j w v it ,
P res’t.
WM. C. CORNWELL, Cash’ r
Capital......3 3 0 0 ,0 0 0 I Surplus.....3 3 2 5 ,0 0 0
“ This Bank has superior facilities fo r ¡making Col
lections In and out o f the ^ t y o n t i i e ^ b ^ t i n t e r terms, and with careful attention to the best inter
ests o f its correspondents.
Co r r e spo n d e n ts Importers’ A Traders Na
tional Bank and Chemical National i
York Merchants’ Loan A Trust Co., Chicago ■Union
Bank o f Loudon. London
New Orleans Canal &
Banking Company,
N E W O RLEAN S, L A .
Capital.. 3 1 ,0 0 0 ,0 0 0 I Surplus.... 34V5,000
J. C. MORRIS, Pres.
E D W A R D TOBY, Cash,
Co r r e sp o n d e n t s —Nat. City
^ D r a ^ B i u f S f Ekchange and make T^egraphic
Transfers o f Money on Europe and California.
BL w Ä * y ^ , ® k g ® ° Ä c h L i t s ’ Nat. Boston
J. Kennedy Tod & Co.,
R. T . Wilson & Co.,
BANKERS,
NO. 45 WALL STREET, NEW YORK.
Deposits received subject to draft, and Interest
allowed on balances.
OFFER INVESTMENT SECURITIES.
Bonds and Stocks bought and sold on commission
on all American Canadian, British and Dutch
C a p i t a l P a i d Up
1 2 ,0 0 0 ,0 0 0 F r a n c s ,
Transfer o f Stock and Bonds. Payment and co
Solicit A ccounts and A gencies o f Banks and lection o f Dividends, Coupons and Interest W ar
Bankers.
rants. Foreign Exchange and Cable Transfers en
in t e r e s t a l l o w e d o n d e p o s it s .
C ABLE TRANSFERS. LE TTER S OF CREDIT ' Loal en and Parts
Bank of Buffalo,
on
E x ch an ge o u L o n d o n , P a ris, H e rlm
Z u r ic h a n d St. G all.
Ca b l e
ISSUE COMMERCIAL AN D
TRAVELLERS’
CREDITS, B U Y A N D SELL R A IL R O A D
STOCKS, BONDS A N D INVESTMENT SE
CURITIES.
ACT AS FIN AN C IAL
AGENTS FOR CORPORATIONS.
John Paton & Co.,
A broad against Cash or Satisfactory
Guaranty o f Re-paym ent
—1
Buy and Sell Bills of Exchange and
Cable Transfers on all the Prin
cipal European Cities.
L o n d o n , P a r t s , F r a n k f o r t a n d V ie n n a .
Issue Circular Credits fo r travelers available In
all parts o f the world.
ALSO COMMERCIAL CREDITS.
Draw Rills o f Exchange and make Cable Transfers
to^Etoope, W est Indies, Mexico and Callfornla.
E xecute orders io r the purchase and sale o f Invest
m ent Securities.
N o. 4 P o st Office Square, H oston .
Issue Circular Letters o f Credit fo r Travelers’ Use
2 9 W IL L IA M
Banco Nacional de
M exico, M exico, and
Its Branches.
No. 2 3 NASSAU STREET.
M U N R O E & Co.
JOHN
N o. 3 2 N assau Street, N ew Y o r k .
opened a n d pa y m e n t s m a d e b y
54 W A L L STREET, NEW Y O R K '
August Belmont & Co.,
& S M I T H ’ S,
OF
BANKERS
Messrs. Mallet Freres
A C ie, Paris;
AGENTS FO R T H E BAN K OF A U ST R A L A SIA .
BAN KERS, LONDON.
HANK
ON
tran sfers
BILLS OF EXCHANGE ON
N A T IO N A L
Kessler & Co.,
Messrs. Smith, Payne
A Smiths, L ondon
BILLS OF E X
CHANGE
3 3 NASSAU S T R E E T .
M ANCHESTER
LETTERS OF CREDIT
available everywhere.
D RAFTS
•n all parts ot the world.
TRANSFERS
by mall and telegraph.
2 2 AND 24 EXC H A N G E P LA C E ,
BROW N, SHIPLEY & CO., LONDON.
S M IT H , P A Y N E
South W illiam Street. New York.
Maitland, Phelps & Co.,
E xch’s.
Investm ent Securities fo r
custom ers.
R eceive ac
counts o f Banks, Bankers,
BANKERS,
GEOBGE COPPELL.
THOMAS MAITLAND
GERALD L . HOYT, Member o f N. Y. Stock E x.
r > v y i ?.RH AND
COMMISSION MERCHANTS
33 W a ll Street N ew Y o r k .
Staten Island Securities
A S P E C IA L T Y .
G as, R a ilr o a d
a n d E le c t r lo L i g h t C o .
S to c k s.
G EO. B . R 1 F L E Y ,
66 B roadw ay. R o om
8.
TH E
A pril 2, 1852,]
C H R O N IC L E
Hi
<f t a u a d i a u g a t x & s .
^ fin a n c ia l.
Bank of Montreal,
[ESTABLISHED 1818.]
C APIT AL Paid In - - $ 1 3 ,0 0 0 ,0 0 0 Gold
SURPLUS . . . .
$ 6 ,0 0 0 ,0 0 0 Gold
H on . Sir DONALD A . SMITH. President.
E. S. CLOUSTON, General Manager.
NEW YORK OFFICE:
oa. 59 a n d 61 W A L L S T R E E T .
N E W E N GLAN D.
The Union Discount Co.
of London, Limit’d.
FO O T E & FR E N C H ,
89 Cornhill, London, March 3, 1892.
Capital Subscribed...................... $ 6 ,3 0 5 ,0 0 0
3 ,1 5 3 ,5 0 0
Paid up......................................
Reserve Fund...............................
9 7 0 ,0 0 0
$4 S 5 - £ l .
NOTICE IS H E R E B Y GIVEN that th e RATE S
o f INTEREST allowed fo r m oney on deposit are as
follow s:.
WALTER WATSON, 1 *
A l e x ’b L a n g ,
5 Agents.
B uy and sell Sterling ana Continental Exchange
a .d Cable Transfers ; grant Commercial and Travel
ars’ Credits available in any part o f the W orld
1 sue drafts on, and make collections in, Chioago
a d throughout the Dom inion o f Canada.
L o n d on Office, N o. 3 3 A b ch u rch L a n e.
Canadian Bank of Com m erce
Capital and Surplus................... $ 6 ,9 0 0 ,0 0 0
ALEX. LAIRD and WM. CRAY
AT CALL, 1% PER CENT.
AT 3 to 7 D AYS’ NOTICE, 1H PER CENT.
T he Company discounts approved hank and mer
cantile acceptances, receives m oney on deposit at
rates advertised from time to time in the London
Paris and Berlin papers, and grants loans on ap
proved negotiable securities.
CHRISTOPHER R . NUGENT, Manager.
Blake, Boissevain & Co.,
LONDON, E N G LA N D . '
AGENTS,
16 EXCHANGE PLACE, NEW YORK..
Negotiate Railway, State and City loans.
BUY AND HETiTi STERLING EXCHANGE, CABLB Execute orders fo r bonds, Shares, etc* on Com
TRANSFERS. ETC.
mission and transact a general Banking an
Issue Commercial Credits available in all
Commission Business.
parts of the world.
Canadian Currency bought.
D rafts drawn on and Collections m ade at all
points in Canada.
M erchants’ Bank o f Canada
Capital Stock Paid Up...............$ 5 ,7 9 9 ,3 0 0
Reserve Fund...............................$ 3 ,5 1 0 ,0 0 0
Henry Hague and John B. Harris, Jr.,
BUY AN D SELL STERLING EXCHANGE, CABLB
TRAN SFERS, AC
Issue Commercial Credits, Available in
' ./■
' all Parts of the World.
Im perial Bank o f Canada.
CAPITAL (paid up)
$ 1 ,9 0 0 ,0 0 0
S U R P L U S .............................
9 5 0 ,0 0 0
H . S. H OW LAN D, P res’t.
T. R. M E R R ITT, Y .-P .
D. R . W IL K IE , Cashier.
HEAD OFFICE, TORONTO.
Br a n c h e s i n On t a r io .—Essex, Fergus, Galt,
Incorsoli, Niagara Falls, P ort C olbom e, St. Cath
arines, St. Thom as, Sault Ste Marie, W elland,
W oodstock, R at Portage.
T o r o n to .—W ellington Street, Y on ge and Queen
Sts., Yonge and Bloor Sts.
B r a n c h e s in No r t h w e st —W innipeg, Brandon,
Calgary, Portage la Prairie, Prince Albert, Edm on
ton .
Agents in London :
I A gents in New York,
L lo y d ’s Bank, limited. |Ba n k of M o n t r e a l .
C ollections prom ptly made in any part o f Canada.
D ra w ers o t Sterlina: E x ch an ge ,
AGENCY OF THE
B a n k
N
o r t h
NO. 53 W A L L
BROTHERS
&
CO.
5 Nassau Street, N ew Y o r k ,
3 8 State Street. B o sto n , M a ss.,
A D O L P H BO ISSE V A IN & CO.
A m sterd a m , H o lla n d .
The Railway Share Trust
& Agency Company,
LIMITED,
4 Bank B ail dings, London, England,
Subscribed and Paid-up Capital, £ 9 7 1 ,3 0 0
This Company undertakes the negotiation and
issue o f Loans and Capital o f companies on the Lon
don market, and acts as agent fo r approved Railways
or other Corporations in payment o f Interest, Divi
dends, Registration o f Stock, and generally, and also
as Trustee fo r Debenture holders.
A
m e r i c a
STREET.
A . M . T O W N S E N D , A g en t, 5 0 W a ll St.
The Bank o f Australasia.
(Incorporated by R oyal Charter, 1835.)
N o. 4 T h r e a d n e e d le S tr e e t, L o n d o n . '
Paid-up Capital, £1,600,000; R eserve Fund, £800,« 0 ; R eserve Liability o f Proprietors under the
Bharter, £1,600,000.
Letters o f Credit and Drafts issued on any o f the
num eious branches o f the Bank throughout A us
tralia and New Zealand. Bills negotiated or sent
fo r collection. Telegraphio transfers made.
Deposits received In L ondon at interest fo r fixed
periods, on terms which m ay be ascertained on ap
plication.
IPRIDBAUX SELBY, Secretary.
Street,
B o sto n ,
M a ss.
GOVERNMENT BONDS bought and
sold.
RAILROAD BONDS o f conservative
issues constantly on hand.
COMMISSION ORDERS executed in
bonds and stocks.
FOREIGN EXCHANGE bought and
sold.
J
jsh u a
W il b o u b ,
B e n j a m in
. Ja c k s o n .
a
Wilbour, Jackson & Co.,
BAN KERS AN D BROKERS,
N o. 53 W E Y BOSS ET S T R E E T ,
P R O V ID E N C E , R . I.
D ialers in Commercial Paper, Governments and
other first-class Bonds and Securities and Foreign
Exchange.
Private telegraph wire to New Y ork and Boston.
Sheldon & Binney,
BANKERS,
28 Westminster St., Providence, R. I.
Transact a General Banking Business. Dealers in
Stocks, Bonds and Local Securities.
PR IV A T E T E L E G R A P H W IRES TO NEW YO RK
AN D BOSTON.
'
#
Ch a r l e s h . Sh e l d o n , J h. W il l ia m b i n n b t , J r
Noyes & Bridge.
IN V E ST M E N T
BROKERS,
B O STO N S T O C K E X C H A N G E B U IL D IN G ,
53 S T A T E ST R E E T , BOSTON.
Dealers in High Grade Investments.
0 a n d 7 p e r cen t F ir s t M o r t. G o ld B on d s.
Inform ation furnished and first-class corporation
securities sold on commission.
P E NNSYLVANIA,
T homas
b
. Rea.
Sa m ije l R e a .
Rea Bros. & Co.,
115 F o u rth A v en u e, P lttsb u sg , P a
LONDON.
S o l i c i t accounts and agencies o f Banks,^Railways
Corporations, Firms and Individuals upon
favorable terms; also orders fo r the pur
chase and sale o f Bonds, Shares, Ac., Ac.
on the Stock Exchange.
I n t e r e s t allowed on Deposits, subject to 60-days
sight drafts, at Bank o f England rate, and
one per cent below that rate subject to de
mand drafts.
N e g o t i a t e Railway, State and City Loans.
Hong Kong & Shanghai Pierce, Wright & Co.,
B A N K IN G C O R P O R A T IO N .
Paid-up Capital............................. .......$10,000,000 00
Reserve Fund.............................
6,806,596 81
R eserve Liability o f Proprietors......... 10,000,000 00
The Corporation grant D rafts, issue Letters o f
Credit fo r use o f travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore,
Saigon, Manila, H ong Kong, F oochow , A m oy,
Ningpo, Shanghai, H ankow, Yokohama, H iogo,
San Francisco and London.
Congress
Heinemann & Co.,
,
Buy and sell Sterling Exchange and Cable Trans
fers. Issue demand drafts on Scotland and Ireland;
also on Canada, British Columbia and San Fran
cisco.
C I R C U L A R N O T E S issued in Pounds Ster
ling, available in all parts o f the world. C O M
M E R C I A L C R E D I T S I S S U E D for use in
Europe, China, Japan, East and W est Indies and the
Brazils, River Plate, Ac.
Bills collected and other banking business trans
acted.
H . 8TIKEM AN,
) .
F. BROW NFIELD, ( A* entB*
48
C ABLE ADDRESS, P A Y Y , LONDON.
62 Gresham House, E. C.,
OF
r i t i s h
BLAKE
AND
AGENTS,
61 W A L L STREET, NEW Y O R K .
B
S p e c i a l a t t e n t i o n given to the execution o f
orders fo r Securities on the New York, Lon
don and Amsterdam Exchanges, in correspondence with
BANKERS,
53 N ew B ro a d Street,
LONDON, E . C.
A ct as Agents fo r American Banks and Ftnancia
Companies. Collect Foreign Exchange and execute
orders on commission on the London Market.
INTEREST ON DEPOSITS. C ABLE TRANSFERS.
Dennistoun, Cross & C o.,
2 Princes Street, London, E. C.,
E xecu te orders fo r the purchase and sale of
Bonds, Stocks, Ac., on the Stock E xch an ge; receive
accounts and A gencies ot Banks, Railways, Corpo
rations, Firms and individuals upon favorable
term s; Commercial and Travelers’ Credits and
Bills o f Exchange on them are issued by their
A gents and A ttorneys.
MOSLE BROTHERS,
51 E X C H A N G E P L A C E , N E W Y O R K .
STOCKS AND R ONDS.
MEMBERS OF THE
New York, Philadelphia and
Stock Exchanges.
Pittsburg
LOCAL SECURITIES A SPECIAL TY.
N. Holmes & Sons,
BANKERS,
P IT T S B U R G , PENN.
CORRESPONDENTS:
Bank o f New York, N. B. A .
First National Bank o f Philadelphia,
P IT T S B U R G ,
PA.
ESTABLISHED 1871.
Whitney & Stephenson,
BAN KERS AN D BROKERS,
N o. 57 F O U R T H ! A V E N U E .
Oldest Pittsburg members N. Y . Stock Exchange
E. W. Clark & Co.,
BAN KERS A N D BROKERS.
No. 139 South F ourth St.,
P H IL A D E L P H IA .
Fransact a general banking business. A llow
m erest on deposits.
Members o f the Philadelphia and New York
Stock Exchanges, and connected by private wire
with New York.
(THE
ìy
C H R O N IC L E .
V ol .
HVL& JÇroluers in H ex*
B
o o d y
, M
c l e l l a n
Taintor & Holt,
Co.,
a
S T B r o a d w a y , o p p o s it e E x ch a n g e P la c e .
P . O. BOX 117.
No. 11 WaU Street, Cor. New, New York.
TR AN SAC T ▲ G EN ERAL BAN KIN G A N D STOCK
A specialty, including W ater Bonds, Car Trust
Bond# and first-class Bailway Bonds.
Particulars furnished on application.
Private telegraph wires t o P rovidenoe and Boston
a
.
boodt,
hknby t
C. W . m c l e l l a n ,
. Bo o d t .
G. E. TA IN TO R. G. D. L ’H U ILIER . G. H . H OL1
Samuel D. Davis & Co.,
BIA N K E R S3A N D IB RÍO K E R S,
A N D D E A LER S IN INVESTM ENT SECURITIES'
2 E x ch a n g e C ou rt, N. Y .
No. 44 W A L L S T ., M EW Y O R K ,
Members o f .the Consolidated Stock and Petroleum
Exchange.
B e y a n d S e ll R a i l r o a d S t o c k s a n d B e n d s
a t l « 1 6 t h p e r c e n t C o m m is s io n .
Sa m u e l
d.
Da v i s ,
ch as. b . v a n
Member N. V. Stook Exchange
Emerson
No s t r a n d .
& Turnbull,
BANKERS AND BROKERS
8 0 B R O A D W A Y.
8
W ALL
exhcange,
STREET, NEW
YORK.
BONDS.
W. K. B. E m erson ,
R a m sa y T u rnbull
Member N. T. Stook Exchange.
B O N D S .
Simon Borg & Co.,
Carefully com piled list o f choice Investm ent Bonds
furnished upon application.
N o. 2 0 NASSAU S T ., N E W Y O R K ,
Fred H. Smith,
Railroad and Investment Securities.
SEALERS IN ALL KINDS O»
No. 20 Broad Street, New York.
So u t h e r n
STOCKS, BONDS AND PETBOLEÜÄ.
IN V E S T M E N T S E C U R IT IE S .
M A R G IN A CC O U N TS S O L IC IT E D .
1 . 1 6 P e r C e n t C o m m is s io n .
IN TEREST ALLO W ED ON BALANCES.
Correspondence invited.
ESTABLISHED SINCE I860.
Ste w a r t
B ro w n ’s
Sons,
s e c u r it ie s a s p e c ia l t y
Robertson & James,
BO N D and ST O C K B R O K E R S ,
Dealers in Investment Securities,
NO. 7 NASSAU STREET,
(Continental National Bank Building.)
________________N ow Y o r k .
IMemhers New Y ork Stock Exchange,
64 BROADWAY, NEW YORK.
,
3 W a ll Street, N ew Y o rk .
Supply selected Investment bonds few cash or In
xshange fo r marketable securities.
...
E xecute commission orders fo r investors at the
B o c k Exchange or in the open market.
Furnish Information respecting bonds
Gilman Son & Co.,
B AN KERS,
John R . Davis & Co.,
J
BANKERS An d r r o k e r s ,
N o. 1 0 W A L L S T ., N E W Y O R K .
Orders fo r Stocks and Bonds executed at all E x
changes
Especial attention given to supplying high-class
IN V E S T M E N T S E C U R IT IE S .
Securities
W . 8. N elso n
Member N. Y. Stock Exchange.
E m erson M cM il l in .
H e n r y B. W il so n .
Emerson McMillin & Oo.
4 0 W A L L STREET, NEW Y O R K .
Negotiations Conducted for Purchaseand Sale of
Gas, Electric, Water, Street Railway, Coal,
Iron and Industrial Properties.
Securities negotiated only upon personal examina
tion of property.
R o b e r t Go o d b o d y .
A . L. L ee .
G. B. W a t t s , J b
Robert Goodbody & Co.,
3 0 B R O A D S T R E E T , N. Y . ,
81 Pine Street, New York Citi.
COMMISSION
BRO KERS,
IN V E S T M E N T
S E C U R IT IE S .
C. H . HUESTIS
(Member N. Y . Stock E xchange»
L . M. SW AN ,
£ . H . L A D D , JR.,
_ __
General Partners.
C. D. WOOD, Special Partner.
R. A . Lancaster & Co.,
B AN KERS,
N o. 10 W A L E S T R E E T ,
NEW YORK.
DE A LER S IN
INVESTMENT and MISCELLANEOUS
SECURITIES.
Southern Securities a Specialty*
W M . M. H A R R IM A N , Member N. Y . Stock E x ch a n g e
NICHOLAS FISH.
O LIV E R H A R R IM A N . Jr
Harriman & Co.,
N o. 1 2 0 B R O A D W A Y , N E W Y O R K
EQU ITAB LE BUILDING,
EXCH AN GE BUSINESS.
INVESTMENT BONDS A SPECIALTY.
Rolston & Bass,
STOCKS, BONDS A N D MISCELLANEOUS
SECURITIES.
W . H . ROLSTON,
2 0 B ro a d S tr e e t.
W . A L E X . BASS, Jr.
NEW Y O R K .
Members N. Y . Stock Ex.
EDW IN 8. H OOLEY.
P . O. B o x 8.080
W . H. Goadby & Co.,
BAN KERS AND B RO K E RS,
NO.
24
BROAD 8T R EE T‘
N ew
Y ork.
L a M ontagne, Clarke & Co.,
« /u u Q w e e ,
4 4 and 4 6 B roa d w a y , N ew Y o r k .
S. LA M o n t a g n e , J r ., Mem ber N. Y . Stock E xoh
H e r m a n Cl a r k e .
W a l l a c e B. Sm it h .
Private wires to Philadelphia, Pittsburg, S cran,
ton, Reading, WUkesbarre Lancaster and B eth le»
hem . Private wire to Chicago.
BANKERS,
18
WALL
STREET, N EW
Ch a s . d . Ma r v i n .
w . m . K id d e r .
Metropolitan Traction
Stock,
Marquand & Skehan,
Controlling the
BROADW AY
Investment B on ds and Stocks,
CABLE
ROAD
and the principal cross-town horse car lines,
BOUGHT AND SOLD B Y
Dick Brothers & Lawrence,
I
B A N K E R S A N D BROKERS,
YORK.
Investment Securities.
A . M .K id d e r ,
H . J. Mo r se
N EW YO RK
Wood, Huestis & Co.*
B A N K E R S AND B R O K E R S
B A N K E R S AND B R O K E R S,
9 N ew S tr e e t an d 1 4 B r o a d w a y ,
I tTSBELL MARQUAND
JAMES B. SKEHAN
Member N. Y . Stock Exchange.
YORK.
Stocks and Bonds Bought and Sold on
Commission.
INTEREST ALLOWED ON DEPOSITS.
H. G. Campbell & Co.,
16 B R O A D STR E E T, NEW Y O R K .
BROADW AY. NEW
a Specialty.
Established 1865.
H e n r y G. Ca m p b e l l , > Members N. Y . Stock MEMBERS OP NEW YORK STOCK EXCHANGE
j . BORDEN HARRIMAN, >
Exchange.
Allow interest on deposits subject to sight check.
Buy and sell on commission stocks and bonds either
for cash or on margin, and deal in
B A N K E R S AND B R O K E R S,
96
BANKERS AND BROKERS.
NO. 6 2 C E D A R S T R E E T .
In addition to a General Banking Business, Buy
aud bell G overnm ent Bonds and Investm ent Se
curities.
W IL L IA M C. N O Y E S
TR AN SAC T A G E N ERAL BAN KIN G A N D STOCK
Investment
Fahnestock & Co.,
b r o k e r s
TRUST CO’S STOCKS.
Young & Nelson,
T. 8. Y oung , J r .,
b a n k e r s a n d
FINANCIAL
4 6 W a ll Street, N ew Y o rk .
STO C K I B R O K E R S ,
Stocks and bonds bought and sold on com m ission
In small or large lots. A ccoun ts solicited. In fo r
m ation prom ptly given.____________________________
BROOKLYN
A N D DE A LER S IN
ISSUE D A IL Y M A R K E T L E TTE R .
Henry S. Redmond,
AND
D e a l t In b y
BANKERS
Y . Stock
YORK
EXCH AN G E BUSINESS.
Haven & Stout,
mumwtcr n .
NEW
Specialties fo r T w enty Years.
Investment Securities
B a t id
© it® .
BANKERS
BANKERS,
LTV,
30 Broad Street, New York.
Howard Lapsley & Co.,
BANKERS AND BROKERS,
No. 1 Exchange Court
NEW YORK
P r iv a t e W ir e s to B o s to n a n d P h ila d e lp h ia .
H , I. N ic h o l a s ,
J. S. N ic h o l a s
W . C. T a y l o r ,
M. Ma y e r .
Members N. Y . Stock Exchange.
H, I. Nicholas & Co.,
BANKERS
INVESTMENT
AND
BROKERS.
SECURITIES A
8PECIAUTY*>
11 Wall Street, New York.
THE
A p r il 2, 1892.]
c h r o n ic l e :
Q xn & t
Union Trust Company
OF N E W Y O R K ,
80 Broadway, New York.
C A P IT A L . . . .
SU RPLU S- . . .
.
$ 1 ,0 0 0 ,0 0 0
- $ 4 ,0 0 2 ,5 1 8 9 2
Authorized to act as Executor, Administrator,
Guardian. Receiver or Trustee, and is
A L E G A L DEPOSITORY FOR MONEY.
A cts as Trustee o f mortgages o f corporations, and
accepts the transfer agency and registry o f stocks.
A llow s interest on deposits, which may be made at
any time, and withdrawn on five days’ notice, with
Interest fo r the whole time they remain with the
Company.
F or the convenience o f depositors this company
also opens current accounts subject, in accordance
With its rules, to check at sight, and allows interest
r pon the resulting daily balances. Such checks pass
nm ugh the Clearing House.
______
A ttends specially to the M ANAGEM ENT OF
R E A L E STA TE and to the collection and remitance o f rents.
It makes ample provision in its
N E W B U R G LA R AND FIRE PROOF V AU LTS
fo r the safe keeping o f securities placed in its cus
tody, on which it collects and remits income.!
^TRUSTEES.
W m . W hitewright,
H. V an Rennsl’r Kennedy
H enry A . Kent,
James H . Ogilvie,
R . T. W ilson,
James T. W oodward,
W m . F. Russell,
George A . Jarvis,
C. D. W ood ,
C. Vanderbilt,
lam es N. Platt,
A . A . Low,
D. C. Hays,
G. G. Williams
W m . A lex. Duer,
R. G. Remsen,
Charles H. Leland,
Edward Schell,
Edward King,
Amasa J. Parker,
B. B. W esley,
Samuel F. Barger
D. H . McAlpin,
Geo. C. Magoun,
George B. Carhart,
w . Emlen R ooseveltl
Cbauncy M. Depew.
EXECUTIVE COMMITTEE.
W m . Whitewright,
G. G. Williams,
Edward Schell,
E. B. W esley,
Geo. C. Magoun,
C. D. W ood,
D. C. Hays.
James T. Woodward.
E D W A R D KING, President.
CORNELIUS D. W OOD ,! Vice-Presidents
JAM ES H . OGILVIE,
l vice-vresiaenis.
AUGUSTUS W . KE LLE Y, Secretary.
J. V. B. T H A Y E R . Assistant Secretary.
Πjo m im t iije s .
O LD C O L O N Y
United States Trust Co.
OF NEW YORK,
T R U S T C O M P A N Y.
4-5 arid 4 7 Wall S treet.
BO STO N , MASS.
C apital
•
•
$ 1 ,0 0 0 ,0 0 0 00
Surplus, 5 0 0 ,0 0 0 00
Transacts a General Banking Business
INTEREST ALLO W ED ON DEPOSITS,
which may be made at any tim e and withdrawn after
five days’, notice, and will be entitled to interest fo r
the whole time they may remain with the company.
ALLOWS INTEREST ON DAILY BALANCES SUBJECT
Executors, administrators or trustees o f estates,
and w o m e n unaccustomed to the transaction o f
TO CHECK.
business, as well as religious and benevolent institu
TRUSTEE UNDER MORTGAGES. TRANSFER AGEN’J tions, will find this company a convenient depository
fo r money.
REGISTRAR.
“JOHN A . ST E W A R T , President.
GEORGE BLISS, Vice-President.
BOARD OF DIRECTORS.
JAMES S. .CLARK, Second Vice-Pres’t.
T. Jefferson Coolidge, Jr.^President" ,
H E N R Y L. THORNELL, Secretary.
Frederick L. Ames,
John F. Anderson,
LOUIS G. HAMPTON, Assistant Secretary.
John L. Bremer,
Martin Brimmer
T. Jefferson Coolidge,
George F. Fabyan,
TRUSTEES:
George P. Gardner
Francis L. Higginson,
W ilson G. Hunt, Jno. H . Rhoades, Chas. S. Smith,
Henry S. H owe,
W alter Hunnewell,
Daniel D. Lord, A nson P. Stokes, W m. Rockefeller,
William P. Mason
George Von L. Meyer!«
Samuel Sloan,
G eo.H . Warren, A lex. E. Orr,
Laurence Minot,
Richard Olney’
James Low,
W m.H. M acj.Jr.,
George Bliss,
Henry R. Reed,
Lucius M. Sargent,
W m. W . Phelps, W m .L ibbey,
W m. D. Sloane
Nathaniel Thayer
John I. W ater bury!
D. Willis James, John C. Brown, G. H. Schwab,
Stephen M. W eld,
H enry C. W eston
John A . Stewart, Edward Cooper, Frank Lyman,
Erastus Corning. W . B ’y’d Cutting. Geo. F. Vietor,
T. JEFFERSON COOLIDGE, JR.,
vVm. W aldorf Astor.
C. 8 TUCKERMAN,
President.
Secretary
New York Guaranty &
Indemnity Co.,
59 C E D A R S T R E E T , N E W Y O R K ,
M u tu a l Life B u ild in g ,
C A P IT A L ,
SU R PLU S, -
-
-
$3,000,000
$300,000
Knickerbocker Trust
Company,
TRAN SACTS A GEN ERAL BAN KIN G AN D
TRUST COMPANY BUSINESS, AND SOLICITS
T H E ACCOUNTS OF CORPORATIONS, FIRMS
A N D INDIVIDUALS.
INTEREST A LLOW ED ON DEPOSITS.
2 3 4 FIFTH ATE., COR. 27T H STREET.
EDWIN PACKARD. President.
ADRIAN ISELIK, Jr., Vice-President.
GEO. R . TURNBULL, 2d Vice-President.
H ENRY A. M URRAY, Treas. and Sec.
J. NELSON BORLAND, Assist. Secretary
Branch office, 18 W all St. and S Nassau St.
CAPITAL AND SURPLUS, - 8 1 ,0 0 0 ,0 0 0
DESIGNATED L E G A L DEPOSITORY.
A cts as E xecutor or Administrator o f Estates and
as Guardian, Receiver, Registrar, Transfer and
Financial A gent fe r States, Cities, Towns, Railroads
and other corporations.
JOHN P. TOWNSEND, President.
CHARLES T. B AR N EY, Vice-President.
JOSEPH T. BROWN, 2d Vice-President.
DIRECTORS t
Joseph S. Auerbach,
John S. Tilney,
H arry B. Hollins,
E . V . Loew,
Jacob Hays,';
H enry F. Dimock
Charles T. Barney,
John P . Townsend!
A . Foster Higgins,
Charles F. Watson,
R obert G. Remsen,
David H. King, Jr, |
H enry W . T. Mall,
Frederick G. Bourne
A ndrew H . Sands,
R obert Mac! ay
James H . Breslin,
C. Lawrence Perkins,
Gen. George J. Magee,
Edward W ood,
L Townsend Burden.
W m . H . Beadleston.
A lfred L. W hite.
F R E D ’K L. ELDRIDGE, Secretary.
________ J. H E N R Y TOWNSEND. Assist. Secretary.
The Nassau Trust Co,
101 Broadway, Brooklyn, N. Y ,
C A P I T A L .......... ............................$ 5 0 0 ,0 0 0
Deposits received subject to check at sight, and
Interest allowed on the resulting daily balances.
Certificates o f deposits issued for tim e deposits,
o n which s p e c i a l r a t e s will be allowed.
Interest commences from date of deposit.
Authorized by law to act as Executor, Adminis
trator, Committee, Guardian, Trustee, Receiver.
Fiscal and Transfer A gent and as Registrar or
Stocks and Bonds; Is a legal depository lor
Trust Funds and fo r m oneys paid into court.
Loans made on approved collaterals.
Checks on this Company are payable through the
New Y ork Clearing House.
A . D. W HEELOCK, President.
JO H N ^RU SLO ^,
} V ice-Prest’s.
O. F. RICHARDSON, Secretary.
W m . Dick,
A. D. Baird
Darwin R. J ames,
E . B. Tuttle,
J o h n Truslow,
Dltmas Jewell,
F . W . W urster,
TRUSTEES t
Bernard Peters,
W m . E. Hörwill,
J. B. V oorhees,
A , D. W heelock,
W m. F. Garrison,
Jno. T. W illetts,
Chas. H. Russell,
John Loughran,
Edward T. Hulst,
Jno.McLaughlin,
A . M. Suydam,
W m.E. W heelock
O. F. Richardson,
Henry Seibert.
St. Louis Trust Co.,
CORNER 4th AND LOCUST STREETS
St. Louis, Mo.
Capital and Surplus, DIRECTORS!
DIRECTORS.
Samuel D. Babcock,
Augustus D. Juilliard,
Frederic Cromwell,
Richard A . McCurdy,
Josiah M. Fiske,
Edwin Packard,
W alter R. Gillette,
H enry H . Rogers,
R obert Goelet,
H enry W . Smith,
George Griswold Haven, H . M cK. Twombly,
Oliver Harriman,
Frederick W . Vanderbilt,
Charles R. Henderson,
William C. W hitney,
Adrian lselin, Jr.,
J. H ood W right.
EXECUTIVE COMMITTEE.
Samuel D. Babcock,
Richard A . McCurdy
Frederic Cromwell,
Edwin Packard,
George Griswold Haven, H . McK. Twombly,
Augustus D. Juilliard,
H enry H . Rogers.
Manhattan
Trust
Co.
Corner of Wall and Nassau Sts., N. Y.
CAPITAL, . .
8 1 ,0 0 0 ,0 0 0
DIRECTORS
F. O. French, N. Y .
R. J. Cross, N. Y .
H. L. Higginson, Boston.
August Belmont, N. Y .
E. D. Randolph, N. Y .
H. O. N orthcote, N. Y .
C. C. Baldwin, N. Y .
Chas. F. TagTN. Y
John Kean, Jr., N. J.
H . W . Cannon, N. Y .
John R. FordTN. Y.
T. J. Coolidge, jr., Bos.
James O. Sheldon, N. Y .
A . 8. Rosenbaum, N. Y .
John N. A Griswold, N. T ,
Sam’l R. Shipley.P h ila.
R . T. W ilson, N. Y.
J. L W aterbury, N. Y
F. O. French, President.
J. I. W aterbury, V.-Pres
A . T. French, Secretary and Treasurer.
a l l o w s In t e r e s t o n d e p o s it s ,
exe
cutes
TRUSTS OF E V E R Y DESCRIPTION
R EG ISTR AR AN D TR AN SFER A GHENT
H A N D -B O O K
¿O F/
Railroad Securities.
1892.
For the use of Bankers
Mississippi Valley Trust and Brokers with their
Company,
Customers.
30 3 North 4 th Street,
ST. LOUIS, M ISSO UR I.
I T IS ISSU ED T O B A N K E R S AN D
B R O K E R S (N O T LESS T H A N 2 5
8 2 0 0 ,0 0 0 deposited with State Officer to C O PIES TO ONE A R D R E S S ), W I T H
protect trust liabilities.
T H E IR
BU SIN ESS C AR D S
LET
A G EN ERAL TRUST COMPANY BUSINESS.
T E R E D IN G IL T ON T H E F R O N T
Allow s Interest on Deposits.
Authorized to act as Executor, Guardian, Receiver,
C O V E R , F O R U SE W I T H T H E I R
Trustee, &c. Manages Estates. Collects Rents.
Becom es Surety on all kinds o f Court Bonds.
T E R M S G IV E N ON
Has Safety Deposit Vaults; a Savings Department. C U STO M ER S.
INVESTMENT SECURITIES A SPECIALTY.
A P P L IC A T IO N .
Capital.............................................8 1 ,5 0 0 ,0 0 0
UNDER STATE SUPERVISION.
DIRECTORS!
Charles Clark,
L. G. McNair,
Chas. H . Bailey;
Thos. T. Turner, John D. Perry, F. W . Paramore,
W m . F. Nolker,
John Scullin,
Geo. H. Goddard,
T. O’Reilly, M. D., B. F. Hammett, James Campbell,
Sam’l M. Kennard, S. E. Hoffman, August Genner,
Aug. B. Ewing,
D. W . Caruth, Julius S. W alsh,
S. R . Francis.
B. F. Hobart. Williamson Bacon,
OFFICERS:
J u l iu s S. W a l s h , President.
JOHN D . P e r r y , 1st Vice-President.
J o h n Sc u l l in , 2d Vice-President.
B r e c k in r id g e J ones , Secretary.
-
I
Single copies are sold to subscribers
o f th e
C h ro n ic le” at 75 eents eaeh
a n d to a ll oth ers at $1 each.
8 3 ,0 0 0 ,0 0 0
•John T. Davis,
A lvah Mansur,
Daniel Catlin,
Edward S. Rowse,
Sam’l W . Fordyce,
Jno. A . Scudder,
A dolphus Busch.
Edward C. Simmons,
H e n r y C. Haarstick,
Edwin O. Stanard,
W m . L. H ase,
J. C. Van Blarcom,
Ohas. D. McLure,
Thos. H . West,
Edwards Whitaker.
T H O S . H . W EST, President.''
JOHN D. FILLE T, Secretary.
A . C. S TE W A R T, Counsel.
A llow s Interest on Deposits. Executes Trusts o f
■•very Description. A cts as Registrar and Transfer
Agent, Ac
CAPITAL AND SURPLUS - 8 9 ,7 5 0 ,0 0 0
This company is a legal depository fo r moneys
paid into court, and is authorized to act as guardian
Metropolitan Trust Co.
37 a n d 39 W a ll Street. N ew Y o r k .
Paid-Up Capital.................... ...8 1 ,0 0 0 ,0 0 0
Surplus...........................................
70 0 ,0 0 0
Designated as a legal depository by order o f
Supreme Court. R eceive deposits o f m oney on in
terest, act as fiscal or transfer agent, or trustee fo r
corporations, and accept and execute any legal trusts
from persons or corporations, on as favorable terms
as other similar companies.
Thom as Hillhouse, Pres. Fred ’k D. Tappen, V.-Pres
0 . M. Jesup, 2d V.-Pres. Beverly Chew, Secretary.
George D Coanav. A ssistsn Secretary,},
W I L L I A M B . D A N A & C O .,
1 0 2 W illia m Street, N ew Y o r k .
Robert Koons & Co.,
STOCK BROKERS,
4 3 2 L ib ra ry Street, P h ila d e lp h ia .
Issue and mail upon application bi-m onthly q uo
tations o f inactive stocks and bonds, and w eekly
quotations o f all financial com panies o f Phila.
C orrespondence solicited.
vi
TH E
C H R O N IC L E
[V ol . LIV,
% u sn x K u t& .
I n s u r a n c e .
O F F IC E O F T H E
A i » t s r e c . 3 1 , 1 8 9 1 ......$ 6 ,7 3 7 ,9 8 8227
Su rplu s..................................
6 4 9 ,0 4 1 .0 5
fin a n c ia l.
1892.
1850.
The United States Life
A T L A N T IC M U T U A L
Insurance Co
IN T H E C IT Y OF N E W Y O R K .
Insurance Company,
The Security Mortgage &
Trust Company
OF DALLAS, TEXAS.
Capital Paid la...................... 6 5 0 0 ,0 0 0 00
Assets Dec. 3 1 , 1S91, over $2 ,099 ,91 1 6 9
NEW INSURANCE WBI1TEN.
1888.............*6,335,605 50 11890.............. f 11,955,157
1 8 8 » !!!.!....
00 11891............. 14,101,664
GEO. H. BURFORD President.
New Y ork , January 25th, 1892.
The Trustees, in conformity with the Charter
of the Company, submit the following state
ment of its affairs on 31st day of Deoember,
1891.
Premiums on Marine Bisks from
1st January, 1891, to 31st
December, 1891....................... $3,862,687 97
Prem’ms on Policies not marked
off 1st January, 1891..........
1,394,177 87
Total Marine Premiums....... $5,256,865 84
Premiums marked off from 1st
January, 1891, to 31st De
cember, 1 8 9 1 ......................... $3,784,723 36
Losses paid during the same
P e r io d ................. - ...........$1,836,325 11
C. P. FR AL E IG H ,
A . W H E E L W R IG H T ,
Secretary.
Assistant Secretary
WM. T . STANDEN, Actuary.
The tw o m ost popular plans o f L IFE INSUR
ANCE are the CONTINUABLE TERM POLICY
which gives to the insured the greatest possible
amount o f indem nity in the even t o f death at the
ow est possible present cash outlay; and the
GU ARAN TEED INCOME POLICY,which embraces
every valuable feature o f investm ent insurance,
and which, in the event o f adversity overtaking
the insured, may he used as 'C O L L A T E R A L SE
CURITY FOR A LOAN to the extent o f the full
legal reserve value thereof, in accordance with the
terms and conditions o f these policies.
Good Agents, desiring to represent the Company
eke invited to address J . 8 . G A F F N E Y , Super
Intendent o f Agencies, at Hom e Office.
U N ION M U T U A L
Life Insurance Company,
Returns of Premi
ums andExpenses.$784,790 57
P O R T I.A N D , M A IN S .
The Company has the following Assets, vis.:
United States and State of New
York Stock, City, Bank and
other Stocks............................. $7,567,155 00
Loans secured by Stocks and
otherwise.................................. 2,009,100 00
Beal Estate and Claims due the
Company, estimated at............ 1,083,400 36
Premium Notes and Bills Re
ceivable.....................................
1,425,030 93
Cash in Bank.................
193,895 88
JOHN B. D e w
INCORPORATED 1848.
it t ,
President.
The increasing tendency o f the public to patronize
the sm a l l e r and m ore c o n s e r v a t iv e o f the L ife
Insurance companies o f the country had its effect
upon the business o f the Union Mutual L ife Insur
ance Company in 1891, which was one o f the best in
the Company’s history.
Parties desiring to negotiate fo r agencies are in
vited to address the H om e Office, or any Manager of
the Company, fo r further information.
The Mutual Benefit
LIFE INSURANCE CO., NEW AR K, N. J.
.$12,278,58217
Amount.
SIX PER CENT INTEREST on the outstand
ing certificates of profits will be paid to the
holders thereof, or their legal representatives,
on and after Tuesday, the 2d of February next.
THE OUTSTANDING CERTIFICATES of
the issue of 1887 will be redeemed and paid to
the holders thereof, or their legal representa
tives, on and after Tuesday, the 2d of Febru
ary next, from which date all interest thereon
will cease. The certificates to be produced at
the time of payment and canceled.
A DIVIDEND OF FORTY PER CENT is
declared on the net earned premiums of the
Company for the year ending 31st December,
1891, for which certificates will be issued on
and after Tuesday, the 3d of May next.
By order of the Board,
J . H . C H A P M A N , Secretary.
TRUSTEES:
J. D. Jones,
Charles H. Marshall,
W. H. H. Moore,
Charles D. Leverich,
A. A. Raven,
Edward Floyd Jones,
Joseph H. Chapman, George H. Macy,
James Low,
Lawrence Turnure,
Wm. Sturgis,
Waldron P. Brown,
Benjamin H. Field,
Anson W. Hard,
James G. De Forest, Isaac Bell,
William Degroot,
N. Denton Smith,
■William H. Webb,
Thomas Maitland,
Horace Gray,
George L. Nichols,
William E. Dodge,
Gustav Amsinck,
George Bliss,
Joseph Agostini,
John L. Biker,
George W. Campbell,
C. A. Hand, .
Vernon H. Brown,
John D. Hewlett,
Christian de Thomsen,
Charles P. Burdett,
Leander N. Lovell.
Henry E. Hawley,
JOHN D. JONES, President.
W. H. H. MOORE, Vice-President.
A. A. RAVEN, 2d Vice-President.
AMZI D O D D , ............................... President
Assets (Market Values), Jan. 1,1892.. . .$48,930 278 06
Liabilities (N.Y. and Mass. Standard).. 45,384,486 00
3urplus......................................... .............. 3,545,792 05
3nrplus, by form er N. Y. Standard,
(Am . E x . 4)6 per cent Reserve).......... 6,137,600 05
POLICIES ABSOLUTELY NON-FOE FEITABLE AFTSB
SECOND YEAR.
IN c a se o f l a p s e the Policy is c o n tin u ed in force
as long as Its value will pay for; or, if preferred, t
Paid-up p olicy fo r its full value is issued in exchange.
A fter the second year Policies are in c o n t e st a b l e ,
except as against Intentional fra u d ; and all restric
tions as to residence, travel or occupation are removed.
Ca s h l o a n s are made to the extent o f 50 per cent
of the reserve value, where valid assignments o f th<
policies can be made as collateral security.
L osses paid Immediately upon com pletion and ap
proval o f proof».
North British
& Mercantile Ins
Co
OF
LONDON AND E D IN B U R G H .
SAM. P. BLAGDEN, Manager.
WM. A. FRANCIS, Assistant Manager
R. H. WASS, General Agent.
W . R. ECKER, Assistant Gen. Agent
H. M. JACKSON, Secretary.
OFFICERS.
J. T . T R E Z E V A N T , President.
J. T. D A R G A N , 1st V ice-President.
J. C. O’CONNOR, 2d V ice-President.
GU Y SUM PTER, 3d V ice-President.
W . W . RODGERS, Secretary.
E. M, REARDON , Treasurer.
B A R R O W , W A D E , G U TH R IE & CO., o f New York,
A uditors.
DIRECTORS.
J. C. O’Co n n o r , President City National Bank.
J. T. T r e z e v a n t , A ssociate Manager S. W . Dep’t
F ire A ssociation o f Philadelphia.
J. T. D a r g a n , V ice-President.
Sa m P . Co c h r a n , A ssociate Manager S. W . Dep’t
A m erican Fire Ins. Co. o f Philadelphia.
T. L. Ma r s a l i s , President Dallas Land & Loan Co.
GUY Su m p t e r , Capitalist, (Late A ss’t-Treasurer
Texas & Pacific Railway Company.)
A l e x . Sa n g e r , o f Sanger Bros., W holesale and
Retail Dry Goods.
T. S. M il l e h , o f Leake, Shepard & Miller, A tto r
neys at Law.
D. E. G r e e r , A ttorney.
Advisory Committee of Stockholders,
Philadelphia.
I. J. W IST A R , Chairman.
George W . Blabon,
George F. Tyler,
J. N. H utchinson,
George De B. Keim,
George M. Troutm an,
John J. Zeigler.
Six p ercen t 5-year Gold Mortgages o n Texas city
and country properties.
A lso 6 per cent 10-year Gold Debentures based on
such m ortgages, interest and principal payable
either in New York, Baltimore, Philadelphia or
London.
_
Collect claims o f all kinds anywhere in Texas o r
the Southwest.
Make sales, pay taxes, collect rents, and deal la
select Municipal and Corporation Bonds.
A ct las Trustee, E xecutor, Adm inistrator, Guar
dian, R eceiver and Financial A gent fo r Estates,
Cities, Railroads, etc.
Stocks and B on ds o f the N ew
ark Passenger and R ap id Transit
Street R a ilw a y Companies
D E A L T IN B Y
J. S. R 1PPEL,
7 C lin ton Street, N ew a rk , N. J .
Wm. G. Hopper & Co.,
2 8 SOUTH TH IRD ST., PH ILA,
Stocks and Bonds bought and sold on Com
mission fo r Cash, or carried on favorable terms.
Interest allowed on balances. Correspondence
solicited.
W. T. IRWIN.
FRANK ELLIS.
F. H. BALLMANN
Irwin, Ellis & Ballmann,
SUCCESSORS TO
Morehead, Irwin & Co.,
SO.
Stock, Bond and Note Brokers,
51
WEST
TH IRD
STREET,
CINCINNATI, OHIO.
W M . FRANKLIN~ H A L L ,
BOOKS
ACCOUNTANT AUDITED
New form s designed fo r books o f ac< ount.
Settlement of Insolvent Estate*.
U. S. BRANCH OFFICE,
418 Exchange Building, 63 State Street B oston.
No. 54 W IL L IA M ST., N. Y .
ESTABLISH ED 1855]
W IL L IA M H E N R Y CH AN DLER &
W A L D R O N S H A P L E IG H ,
E u g e n e K . C o le ,
S T A T IO N E R AN D P R I N T E R ,
Chemical Engineers anc
Consulting Chem sts.
f Supplies Banks, Bankers, Stock Brokers and C or.
porations with com plete outfits o f A ccoun t Books
and Stationary.
| y New concerns . organising, will have their
orders prom ptly executed.
Chemical Industries Investigated, New Processes
Examined. Plans and Specifications of W orks Fur
nished. A lso Yearly Contracts fo r Consultations.
No. 1 W IL L IA M S T R E E T .
Rooms 97 & 9S, 8 « Broadway, New York.
Wm. Fisher & Sons,
BANKERS AN D BROKERS,
23 South Street,
BALTIM OR E:, MD,
fU A N O V E R SQUARE.)__________
Investment Securities
BOUGHT AND SOLD B Y
A. E. HACHFIELD,
7 P IN E S T R E E T , N E W Y O R K .
TH E
A p r il 2 , 18W8.J
V ll
C H R O N IC L E
Iptm ticiuX ,
%o tcxzstf gltyijtteaflg» See
^ u tiio u s .
Richard V. H a rrie tts Co,
Henry W. Donald, Auctioneer.
REGULAR AUCTION SALE
OP
Stocks and Bonds,
TUESDAY, April 5, at 12:30 P. M.
A t the Real-Estate Exchange & A uction Room,
Nos. 59 to 65 Liberty St.
(E xecutor’s Sale. Estate o f J. S. Cooley, deceased.)
152 shares Celluloid Co., $100 each.
(For account o f whom it may concern.)
50 shares National Bank o f Commerce, $100 each.
10 shares Continental Trust Co., $100 each.
100 shares National Broadway Bank, $25 each.
50 shares Bank o f New York, $100 each.
47 shares Bowery Bank, $100 each.
40 shares Bank o f the State o f New York, $100 each.
100 shares National Butchers’ & Drovers’ Bank, $100
rP H E I N T E R E S T A * D D I V 'D E N D S ON
L the follow ing bonds and
KAm
the banking house o f Messrs. W INSLOW , LA N IE R
& Co., NoTl7 Nassau Street, New York City, on and
after April 1,1892.
Atlas Engine W orks,
First Mortgage 6s.
Grand Rapid s & Ind. R R. Co.,
First Mortgage 7s. Ungtd.
.
First Mortgage 7s. Ungtd. ex-Land Grant,
Grand Haven, Mich.,
Funding 5s.
Hancock County, Ind.,
Gravel Road 6s.
Indiana State,
_
, „ ,
Reg. Refunding Bonds 3 per cents.
Pueblo, Col.,
Municipal 6s.
„
_
Pittsburg Ft. W ayne & Chicago R ’y Co.,
First Mortgage 7s, Series D.
Second Mortgage 7s, Series K.
Third Mortgage 7s, Interest,
Special Stock, Quarterly Div., 1M per cent.
A P R IL 5.
Pittsburg Ft. W ayne & Chicago RR. Co.,
Guaranteed Stock, Quarterly Div., 1M per cent.
A P R IL 19.
Randolph County, Ind.,
Gravel Road 6s.
11 shares Corn Exchange Bank, $100 each.
100 shares National Citizens’ Bank, $25 each.
5 shares National City Bank. $100 each.
. 25 shares Importers’ & Traders’ National
$100 each.
70 shares Merchants’ Exchange National Bank,
$50 each.
10 shares National Park Bank, $100 each.
$89,000 Monterey & Mexican G ulf RR. Co. 1st m ort
gage 5 per cent Geld Bonds, due 1938.
Interest May and November. November
1 ,1891,coupons attached (hypothecated.)
$35,000 Monterey & Mexican Gulf R R. Co. 1st Mort
gage 5 per cent Gold Bonds, due 1938.
Interest May and November. > o v . 1
1891, coupons attached (hypothecated.)
$10,000 Morris & Essex RR. Co. 1st Mortgage 7 per
cent Bonds, due 1914. Interest May and
November.
$10,000 Alabama *‘B ” 5 per cent Bonds, due 1906.
$10,000 Alabama Funding 4 per cent Bonds, due
1920.
Richmond & West Point
Terminal Railway 6c
Warehouse Co.
TO T H E H O L D E R S O F S E C U R IT IE S O F
T H E R IC H M O N D & W E S T P O IN T T E R
M IN A L
F IC E O P T H E
OF COMPANY,
23 B
N
SOU TH ERN m C IF lC
B u il d in g ),
28th, 1892.
Coupons due April 1 from the following bonds
will be paid on and after that date at this office g
Southern Pacific RR. Co. o f Cal. 1st Mtge. 6 per cent.
Southern Pacific o f Cal. 1st Mtge. 5 per cent.
Southern Pacific Branch R’y Co. 1st Mtge. 0.
Northern R ’y 1st Mtge. 5s.
Central Pacific RR. Co. Land Bonds, ext. 5 per cent.
Central Pac. RR. Co. 1st Mtge. (San Joaquin Br.) 6.
Central Pac. R R. Co. 6 per cent Gold Bonds o f 1939.
Morgan’s La. &Tex. RR. & SS. Co. 1st Mtge. 7.
New York Texas & Mexican RR. Co. 1st Mtge 4.
H ouston Texas Central Cons. 6 per cent.
H ouston Texas Central General 4 per cent.
H ouston Texas Central Debentures 6 per cent.
Houston Texas Central Debentures 4 per cent.
TIM OTH Y HOPKINS, Treasurer.
Lists at auctioneers’, 71 and 73 Liberty St.
N. B.—Sales should be received by noon on Friday
to get the benefit o f advertising in this paper.
STO CK S and BONDS
A t Auction.
The undersigned hold R EG U LA R W EEKLY
AUCTION SALES o f all classes o f
STOCKS AND BONDS
ON
EVERY W EDN ESDAY.
A D R IA N II. M U L L E R & SON,
r o a d St . (M i' ls
e w Y o r k , March
R R . CO.
• P h il a d e l p h i a , March 80th, 1892.
N otice is hereby given that the Board o f Directors
has declared on the preferred stock o f this Company
a dividend o f one and one-h alf dollars per snare
out o f the surplus incom e o f the Company, payable
at the office o f the Treasurer, on and after April
2«th, 1892, to the stockholders as registered at 3
o’clock P. M. on April I6th, 1892.
The transfer books will be closed from 3 o ’clock,
P. M., a p ill 16th, 1892, until 9 o ’clock, A . M.-, May
0th, 1892.
A j_ H E M PH ILL,
Secretary.
N O. 1 P I N E S T R E E T , N E W Y O R K .
N O T IC E
TO
HOLDERS
COUNTY,
NEBRASKA,
TY
OF
GAGE
COUN
BONDS.
W h e r e a s . The County o f Gage, State o f Nebras
ka, on the first day o f January, A . D., 1892, did duly
ana legally issue fifty (50) Coupon Refunding Bonds,
denominated Series “ A ,” o f one thousand ($1,000)
dollars each, numbered consecutively from one to
fifty inclusive. Said bonds payable to bearer on the
first day o f July, A . D. 1912, with interest at the
rate o f five per cent per annum, payable semi-annu
ally ; issued fo r the purpose o f refunding one series
o f Bonds heretofore issued and dated the first day
o f July, A . D. 1871, for the sum o f fifty thousand
($50,000) dollars, and accruing and unpaid interest,
and issued to the Omaha & Southwestern Railroad
Company to aid in the construction o f said railroad
into said County o f Gage.
T h e r e f o r e , Notice is hereby given to all o f the
holders o f the series o f Fifty Bonds o f one thousand
($1,000) dollars each, numbered consecutively, from
one to fifty inclusive, and now past due, issued here. tofore by the ( ounty o f Gage, State o f Nebraska,
and dated the first day o f July, A . D. 1871, to the
Omaha & Southwestern Railroad Company as afore
said; and that you shall present the same fo r ex
change and substitution at KoUKTZK BROTH
ERS. Bankers, 120 Broadway, New York City, on
or before the 29th day o f A pril, A . D. 1892.
The Board o f Supervisors o f Gage County,
[S e a l .]
•
Nebraska.
A tte s t:
By A L E X A N D E R G R A H AM ,
A . G. KEIM,
Chairman o f the Board o f
County Clerk.
County Supervisors.
SO U T H E R N
California Securities
OF TH E HIGHEST C H ARACTER.
V P e r C en t D eb en tu re B on d s.
8 P e r C ent G u a ra n te e d M o rtg a g e s.
rp H E M IC H IG A N C E N T R A L
JL
RAILR O A D COMPANY,
T r e a s .’ s Office , g r a n d Ce n t r a l St a t io n ,
Ne w Y o r k . March 28,1892.
The STOCK TRAN SFER BOOKS o f this company
will b e closed at TW EL V E o ’clock noon on SAT
U R D A Y , the SECOND day o f April (fo r the pur
poses o f the next annual meeting o f the stock
holders) and will be reopened on the m orning o f
FR ID A Y , the SIXTH day o f M A Y next.
,
H ENRY P R A T T , Treasurer.
Gallatin National Bank.
N e w Y o r k , March 30,1892.
N ew Y o r k , A p r il 2 ,1 8 9 2 »
F R E D E R IC P . O L C O T T ,
O L IV E R H . P A Y N E ,
F R E D E R It K D . TA P P E N ,
W IL L IA M H . P E R K IN S ,
H IN R Y BUDGE,
H . C. FA H N E STO C K ,
J. KENNEDY TOD,
Committee.
GEORGE S. ELLIS, Secretary.
54 W all Street, New York.
Green Bay Winona & St.
Paul Railroad Co.
n o t ic e .
H olders o f the Stock and Bonds o f the Green Bay
W inona & St. Paul Railroad Company are requested
to sign Agreem ent o f Reorganization, dated 24th day
o f February, 1892, and to deposit their holdings with
T he Farmers’ Loan & Trust Company, fo r which
negotiable receipts will be given.
. ':
Application will immediately be made to list the
reorganization certificates o f deposit on the Stock
Exchange.
; VIL* A v .
A ll bond and stockholders who have not signed the
said agreement, or who shall fail to deposit their
bonds and stock on or before the 8th day o f April,
1892, shall then fo rfe it any right to com e in under
said agreement except by the express permission o
the committee, and on such terms as it may im pose.
Copies o f agreement may he had at the office o f the
Secretary, Mills Building, New Y ork City, or any
member o f the Committee.
H E R B E R T B. TURNER,
M . T A Y L O B FYNE,
J O S E P H W A L K E R , JR ..
Secretary.
dividend o f 5 per cent, and an extra dividend o f 1
per cent, out o f the earnings o f the past six months,
payable on and after April 6, prox.
The transfer books will rem ain closed until that
late.
rP H E
I
A R T H U R W . SHERMAN, Cashier.
YORK
C H IC A G O & S T .
LOUIS R AIL R O A D CO.
Gr a n » C e n t r a l D e p o t , N e w Y o r k .
The TR AN SFER BOOKS o f this Company will be
closed at 3 o ’clock P. M. on MONDAY, A P R IL 4,
1892, preparatory to tbe AN ; U AL MEETING o f the
STOCKHOLDERS, to b e h e ld May 4, and will be re
opened on Saturday, May 7,1892.
F
A L L Y N COX, Secretary.
Rochester Railway Co. Stock and Bonds.
Buffalo Railway Co. S t o c k and Bonds.
Syracuse Con. st. R’y Stock and Bonds.
Milwaukee St. Co. R’y Stock and Bonds.
Grand Rapids Street R’y 1st 6s.
United Electric R’y Nash. Consol. 6s.
D E A L T IN B Y
NEW
&
ERN R A IL W A Y COMPANY.
M
Coupons due April 1 prox., from H urley
il w a u k e e l a k e
s h o r e
w i sr-
& O tonagon bonds o f this company, and also the following
Hurley & Ontonagon bonds drawn by the Trustees
fo r redemption on April 1 prox., in accordance with
the terms o f the mortgage, will be paid on and after
that date at the office o f the company, 52 Wall St.,
N«w York. The drawn bonds are Nos. 8, 22, 23, 28,
37, 39, 45, 57, 80, 94, 98, 99, lo3, lu 4 ,127, 141, 162,107,
SAMUEL H. BARROWS, 34 New Sr.
Jos. C. Platt, C. E.,
CONSULTING E N G IN E E R ,
W A T E R -F O R D , N. Y .
Examinations and Reports for Investors.
W ANTED:
Hunt’s Merchants’ Magazine.
A
60 B R O A D W A Y , N E W Y O R K
A n invaluable financial daily ; $5 a year. Sample copy
free. DOW , JONES & CO., Publishers, 41 Broad St.
W AREH OU SE
The directors o f this bank have this day declared a
W . R, T . Johnston,
TBE WALL STREET JOURNAL.
&
Copies of the 1 lan ot Reorganization may
be had at the office of the Central Trust
Company of New York.
n ilE IT
N ORTH ERN R A IL W A Y
CO.
VjT
40 AND 42 W A L L STREET,
March 23,1892.
The Board o f Directors o f this Company have de
clared a quarterly dividend o f ONE AND ONEQU A RTE R PE R CENT on the| Preferred Stock, pay
able at this office on and after May 2,1892, to stock
holders o f record on that date.
For the purpose o f this dividend, and also fo r the
purposes o f the bond subscription referred to in the
circular o f President Hill to the shareholders, dated
March 22,1892, the stock transfer books will be closed
at 3 P. M. April 25 and reopened at lü A . M. May 3,
1892.
E. T. NICHOLS, Secretary.
J^O R F O L K & W ESTERN
R A IL W A Y
COM PANY.
T h e C e n t r a l T r u s t C o m p a n y C e r t if ic a t e s
w h i c h a r e b e in g i s s u e d i n e x c h a n g e f o r t h e
s e c u r i t i e s d e p o s it e d u n d e r t h e p l a n o f r e o r
g a n i z a t i o n H A V E B E E N L I S T E D ON T H E
NEW YORK. STOCK EXCHANGE.
T h e C o m m it t e e d e s i r e t o im p r e s s u p o n y o u
t h e im p o r t a n c e o f d e p o s it in g y o u r s e c u r i t i e s
f o r t h w i t h , s o t h a t t h e r e m a y b e n o d e la y i n
d e c la r in g th e p la n e ffe c tiv e .
T h e h o ld e r s o f th e s e c u r itie s o f th e a u x i l i
a ry c o r p o r a t io n s a r e In v i ed to c o -o p e r a t e
a n d b e co m e p a r t ie s to th e p la n t o p r e s e r v e
t h e i n t e g r it y o f t h i s l a r g e s y s te m o l R a i l
r o a d s , t h e d i s i n t e g r a t i o n o f w h ic h w o u l d
p r o v e d is a s tr o u s to su ch s e cu ritie s .
rp H E C A S H IE R O F A N A T IO N A L B A N K
A in Michigan desires to place a limited amount o f
high-grade 6 per cent gold farm loans.
Address CASHIER,
care Co m m e r c ia l a n d F in a n c ia l Ch r o n ic l e .
COM PLETE
SET.
Address, giving prise,
W I L L I A M B . D A N A & CO.,
1 0 * William Street, New York.
vili
TH E
l^ hiauciaX .
"W.
C H R O N IC L E .
fp t o w c ia l.
___________ '
IY o l . LIV.
Ifitn m c fe d .
St. Paul Minneapolis & The St. Paul Minneapolis &
$ 3 0 0 ,0 0 0
Manitoba Railway Co.
Manitoba Railway Go’s Chicago & Eastern Illinois
FIRST MORTGAGE 7 PER CENT FIRST MORTGAGE SINKING FUND
Railroad Company
LAND GRANT GOLD RONDS.
In view of the large and continuing
sales of lands covered by the above mort
gage and the probable further calls of the
above bonds to result therefrom, this
company offers to holders thereof the
privilege of exchanging the same, dollar
for dollar, for its Consolidated Mortgage
per cent Gold Bonds.
This Company will pay on First Mortv
gage Bonds so exchanged a premium of
five per cent in cash—the same premium
7 PER CENT LAND GRANT
GOLD BONDS.
In conform ity with the provisions o f the Mortgage
Deed o f Trust securing the above Bonds, we, the
undersigned Trustees, hereby give notice that 135
Bonds o f $ 100 each, 25 Bonds o f $500 each, and 474
Bonds o f $1,000 each, o f the numbers specified be
low, were this day, in our presence, fairly and with
out preference or discrimination, designated by lot
fo r redemption at 105 per cent and accrued in
terest, payable out o f the m oneys pledged to us
from proceeds o f sales o f land, and now available
fo r that purpose. The Bonds so drawn will be paid
on presentation at the office o f J. KENNEDY TOD
& CO., Nos. 45 and 47 W all Street, New Y o r k ; and
the holders th ereof are hereby notified that they
should be presented on or before 1ST D AY OF
M A V , 1 8 9 2 , as from that date interest will cease to
at which they may be redeemed by oper accrue thereon.
ation of the mortgage.
Interest will be
adjusted to the date of such exchange or
in case of called bonds to the maturity of
their call, and any resulting balance will
be paid in cash.
Holders of First Mortgage Bonds desir
ing to make this exchange will present
their bonds at the Company’s office, No.
40 W all Street, New York, in sums of
$1 ,000 or multiples thereof.
Nos.
9
10
55
57
72
84
90
109
110
136
162
187
191
192
198
213
226
242
245
307
The issuance of Consolidated Mortgage
Bonds is limited to $50,000,000, and bonds
thereof can be issued only to take up
prior liens or on new mileage at specified
rates.
The mortgage covers all property
of the Company, including terminals, in
Minnesota, North and South Dakota,
about 2,450 miles.
This offer will remain open until Janu
ary 1, 1893.
THE
ST.
PAUL
MINNEAPOLIS
&
MANITOBA RAILW AY CO.,
SAMUEL HILL, President.
C IT Y OF N E W A R K ,
MEW
JERSEY,
Water Works 4s,
»U B
1922.
INTEREST P A Y A B L E FEB. A N D
AUGUST.
EXEM PT FROM TA X A T IO N IN N E W A R K .
Price 100 and accrued interest.
Marquand & Skehan,
BANKERS,
16 BROAD STREET, NEW YO R K .
Charles T . Wing & Co.,
BONDS,
1 8 W A L L STREET, NEW Y O R K .
Frank E. W in«,
Henry A . Glaeelord.
Edward N. Gibbs, Special.
3)2
379
886
390
441
473
600
516
529
531
575
683
595
607
627
635
642
647
652
673
691
1069
697
1086
705
1105
766
1158
792
1158
797
1178
815
1181
833
1190
876
1197
881
1218
922
1224
925 . 1232
931
1234
954
1.43
988
1258
996
1265
1046
1282
1058
1301
1061
1304
1317
1320
1324
1329
1348
1350
1354
1385
1410
1417
1429
1467
1480
1495
150S
1536
1542
1560
1565
1588
1598
1607
1623
1643
1660
1663
1664
1671
1672
1708
1761
1771
1784
1785
1789
1815
1840
1856
1862
1870
1910
1926
1954
1967
1985
1998
2022
2028
2037
2094
2102
2126
2127
2133
2145
2161
2176
Ü5 BONDS AT $500 EACH.
Nos.
Nos.
Nos.
Nos.
Nos.
6
80
135
277
366
7
83
139
280
366
K. The Consolidated Mortgage Bonds ma
ture July 1, 1933. Interest is payable
January and July. These bonds contain
no provision fo r compulsory retirement
before maturity.
135 BONDS AT $ 1 00 EACH.
Nos. Nos. Nos. Nos. Nos.
JYos.
. 8
38
62
Nos.
14
22
24
25
35
40
43
49
51
67
69
70
76
89
91
104
107
112
131
162
172
176
185
193
197
225
235
271
292
327
433
444
453
503
565
669
686
601
607
632
669
672
681
689
693
703
704
725
733
742
745
759
779
783
785
813
816
846
875
890
898
902
919
929
934
989
1002
1007
89
109
118
147
171
236
295
302
308
371
388
400
474 BONDS AT $1,000 EACH.
Nos. Nos. Nos.
Nos.
Noe. Nos.
1018
1028
1035
1068
1071
1081
1085
1091
1100
1103
1112
1164
1177
1178
1187
1191
1197
1198
1208
1213
1218
1307
1353
1356
1358
1379
1396
1403
1408
1454
1465
1473
1475
1489
1495
1496
1513
1529
1592
1595
1661
1669
1679
1705
1710
1715
1732
1740
1790
1814
1828
1847
1894
1899
1903
1941
1998
2025
2030
2043
2059
2078
2080
2111
2114
2126
2127
2154
2157
2179
2225
2229
2271
2273
2282
2295
2305
2306
2326
2327
2362
2395
2409
2469
£526
2552
2569
2577
2587
2596
2645
2688
2703
2719
2744
2746
2761
2769
2777
2783
2788
2805
2810
2879
2892
2907
2909
2926
2928
2992
2997
3007
8012
3027
3033
3049
3054
3064
3089
3125
3137
3170
3175
3213
3254
3276
3280
3282
3292
3304
3305
3311
3320
3322
3325
3344
8348
3367
8385
8405
3440
8485
3492
3540
3544
3586
8596
3603
3654
3655
3683
3688
3693
3740
3774
3786
3795
3805
3829
3830
3831
3842
3892
3932
8940
3954
3966
3983
4008
4020
4045
4068
4073
4117
4169
4184
4219
4228
4229
4257
4258
4265
4277
4289
4302
4303
4309
4313
4337
4340
4345
4347
4349
4369
4393
4404
4426
4456
4466
4528
4558
4637
4639
4674
4675
4692
4718
4747
4783
4793
4810
4811
4813
4814
4823
4841
4855
4864
4877
4888
4903
4910
4924
4937
4944
4959
4965
4967
4979
4984
4985
5018
5048
5068
5071
5105
5lo8
6124
5134
5147
5149
5166
5174
5192
5221
5238
5273
5275
5292
5301
5-05
5310
5336
5345
5363
5382
5385
5395
6420
5452
5455
6471
5473
6490
5495
5498
5501
6530
5537
5540
5542
5561
5583
6598
5616
5620
5623
5644
5647
5654
5670
5684
5715
5747
5756
5802
5811
£833
5845
6856
5876
5908
5919
5920
5967
5972
5992
6018
6029
6044
6052
6106
6113
6151
6193
6196
6204
6228
6233
6250
6255
6289
6325
6335
6^67
6369
6413
6421
6442
6451
6470
6481
6482
6511
6513
6531
6555
6565
6568
6598
6613
6619
6622
6628
6631
6642
6683
6691
6696
6700
6714
6741
6753
6754
6759
6764
6779
6781
6784
6802
6819
6827
6839
6853
6862
6863
6865
6872
6891
6894
6901
6902
6951
6963
6975
7040
7053
7061
7065
7121
7124
7125
7154
7176
7213
7220
7227
7230
7236
7251
7272
7278
7802
7318
7334
7364
7884
7405
7413
7418
7429
7433
7434
7446
7i51
7457
7471
7477
7478
7496
7507
7515
7516
7621
7666
7579
JOHN ».KENNEDY. )
J. A . ROOSEVELT, > TrU8tees*
N. Y., Feb. 3, 1892.
DRAWING NUMBER 12.
GENERAL CONSOLIDATED AND 1ST
MORT. 5 PER CENT BONDS,
Due Nov. 1, 19 37. Interest May and Nov.
LISTED ON TH E N. Y . STOCK EXCHANGE.
Coupon Bonds, with Provision fo r Registration.
Interest payable at Central Trust Co., N .Y .,
and Globe National Bank, Boston.
T H E EARNINGS OF T H E CHICAGO & EAST
ERN ILLINOIS R A IL R O A D COMPANY FOR TH E
P A ST Y E A R W E R E AS FO LLO W S:
N et e a rn in g s.............................................
I n t e r e s t..,.............................. ...$769,«04
Rentals and taxes................ .
313,584
$1,769,637
T otal charges........................................
Surplus...............................
$1,083,488
$6 86 .1 49
6 per cent on $4,830,700 preferred stock.
289,842
Balance fo r $7,746,000 com m on stock,
equals CM per c e n t...........................
$396,307
The preferred stock o f this company has paid
regular 6 per cent dividends fo r a number o f years,
For further details and price apply
to
Hollister & Babcock,
Union Trust Co. Building, 8 0 Broadway.
A New Coal Field and
Timber District.
The OHIO EXTENSION of the NORFOLK &
WESTERN RAILROAD penetrates one of the
most valuable coal and timber districts in the
United States. The line of this extension is
193 miles in length, from Coal Grove, Ohio,
via Kenova, W. Va.f to Elkhom, W. Va., of
which 54 miles to Dunlow, W. Va., is now
opened for business and the entire line is under
construction and will be completed early in the
fall of 18 92. It passes through virgin country
abounding in gas, splint, oannel, steam, coking
and domestio coals and fire-clay; chestnut-oak,
white-oak, beech and poplar timber. Those
looking for advantageous sites for the location
of saw-mills or tanneries and establishments
for the manufacture of furniture, wagons, agri
cultural implements, wood-pulp, fire-brick or
manufactured iron articles, should Investigate
the resources of this new field. The new town
of Kenova, W. Va., offers many advantages for
the location of manufacturing establishments,
also the territory 'opened up by the Norfolk &
Western Railroad on the north hank of the Ohio
River, between Kenova, W. Va., and Ports
mouth, Ohio. For the manufacture of finished
iron articles the district offers unequaled ad
vantages, with supply of coal and Pocahontas
coke on short hauls, and with the blast fur
naces of the Ironton, Hanging Rook and Ash
land district in close proximity. Favorable
freight rates made upon raw materials to all
manufacturing establishment on this line.
For further information as to freight rates,
maps, names of parties to whom application
should be made for coal leases, &c., apnly to
JOHN J. ARCH ER,
Dlv. Freight Agent, Columbus, Ohio.
Or
CHAS. G. EDDY,
Vice-President, Roanoke, Va.
Henry S. Redmond,
BANKER AND BROKER,
48 W A L L S T R E E T , N E W Y O R K .
Nember New York Stock Exchange.
INVESTMENT BONDS A SPECIALTY.
Commission orders on the New York Stock E x
change executed and accounts opened upon favor
able terms.
April list o f Boni?s for sale furnished
upon application.
HUNT’S
MERCHANTS’
M AG A ¿INE,
§ U w ÿ )W * ï,
REPRESENTING- THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES^
E n te r e d a c c o r d in g t o A c t o f C on g ress, In t h e y e a r 1 8 9 2 , b y W m . B . D a m a & C o ., In th e o ffice o f t h e L ib ra ria n o f C o n g re ss , W a s h in g to n , D . C .]
NO. 1,397.!
S A T U R D A Y , A P R IL 2, 1892.
VO L. 54.
%lte ©hrmticle.
Terms o f Subscription—Payable in A dvance:
F o r O n e Y e a r ....................................................................................
F o r S ix M o n t h s ......................................... ......................................
E u ro p e a n S u b scrip tio n (in c lu d in g p o s t a g e )............- - i l » 0
E u ro p e a n S u b scrip tion S ix M on th s (in c lu d in g p o s t a g e ) .
6 75
A n n u a l S u b scrip tio n i n L o n d o n (in c lu d in g p o s t a g e ) . . . . £2 8s.
S ix M os.
do.
do.
do.
. . . . * 1 9s.
T h e I n v e s t o r s ’ S u p p l e m e n t o f 1 6 0 p a g e s is iss u e d e v e r y o th e r
m o n th , o n th e la s t S a tu rd a y s o f J a n ., M a rch , M a y , J u ly , S ept, an d
N o v ., a n d fu r n is h e d w ith o u t e x t r a ch a r g e to a ll su b scr ib e rs o f th e
C h r o n ic l e .
£‘'-¡3+
.
.
,
T h e St a t e a n d C i t y S u p p l e m e n t o f 184 p a g e s is a lso g iv e n t o e v e r y
yearly su b scr ib e r o f th e C h r o n ic l e .
..
.
F ile c o v e r s are s o ld a t 5 0 c e n ts e a ch , a n d t o n e w su b scr ib e rs f o r a
y e a r o n e file c o v e r is su p p lie d w ith o u t c h a r g e ; p o s ta g e o n th e sam e is
In the week of 1891 with which comparison is made Good
Friday fell, and on account of its observance to some extent aa
a holiday a decline in clearings occurred.
Taking the
figures as they stand, however, the current year’s aggregate
exhibits an increase of 25‘6 per cent, and outside of New York
the gain reaches 18’4 per cent. Contrasted with corresponding
period in 1890 the excess is 12 per cent.
Week Ending March 26.
1892.
1891.
P . Cent
Week End’g Mar. 19
1892.
P.Oent.
+31-0 715,492,233
+18-T
New York ....................... 646,042,503 493,232,133
Sales of—
(556,239) (+220-8)
(1,600,842) (+69.4)
(Stocks.......... . .shares.) (1.784,515)
(274,100) (+135-6)
(930,300) (+122-2
(645,900)
I Cotton................ bales.)
(Oram............. bushels.) (51,366,462) (84,618.800) (-3 9 3) (40,257,665) (-18-9)
(416,000) (+183-7)
(432,000) (+83"1)
(Petroleum........... bbls.) (1,180,000)
84,503,169
. 4,799,600
1,768,971
1,179,146
1,191,673
1,225,231
987,234
607,991
414,019
74,815.607
4,709,900
1,647,666
998,136
927,500
1,094,933
950,:-'80
708,877
339,552
96,677,037
73,453,012
14,060,211
12,432,776
7,718,363
1,651,894
1,256,505
825,099
834,530
241,500
T otal Middle.
Chicago...........
Cincinnati.......
M ilw aukee....
Detroit...........
Cleveland.......
Columbus........
Indianapolis...
P eoria..............
Grand Rapids.
L e x in g t o n .....
+12-9
+1-9
+7-4
+ 18 1
+28-5
+ 119
+39
-14-2
+21-9
89,269,266
4,983,900
1,815,7921
1,218,287
1,385,193
1,324,610
1,070,130
742,936
396,648
86,192,551
-4-12-2
103,206,652
+7-0
49,179,557
11,135,400
11,027,075
6,728,456
1,398,129
1,185.627
711,053
772,858
169,700
+49 4
+ 26 4
+12-7
+14.71
+ 182
+6 0
+16-0
+80
-t4 2
72,263,709
13,436,794
15,038.207
7,405,853
1,916,020
1,422,954
1,029,931
898,239
247,800
+12-1
+12-4
+12-1
-0 -5
+19-0
+6-5
+36-2
+5-1
+23-8
112,493,890
82,307,855
+ 36 7
113,659,567
+1?+
85,570,368
12,190,300
5,407,379
5.699.499
4,680,679
2.975.500
1,869,796
2,004,700
906,560
409,312
69.406,400
10,895,250
4,718,717
5,133,788
4,420,998
2,734,700
1,706,974
1,681,352
960,265
341,701
+23-3
+11-9
+14-0
+ 11 0
+5-9
+8-8
+95
+19-2
-6 -6
+19-8
94,579,178
13,231,150
6,084,345
6,370,756
5,435,532
3,229,200
1,748,000
1,738,504
856,992
405,000
J +17-3
. +6-8
+22-9
-f-20‘3
84-25-8
+14-2
T otal Middle Western.
121,714,123
133,678,657
+16-2
11,727,925
1,667,117
1,581,919
913,645
941,104
739,554
102,000,145
£t
14,690,858
2,027,702
1,441,955
993,034
1,019,330
663,882
+19-3
San Francisco..........
Percent. Portland...................
Salt Lake C ity........
+16"7 Seattle......................
+16-2 Tacom a........ ...........
Los A n geles.. . . . . . . .
-3 - 8
T otal Pacific.
—3 9
+12-8 Kansas City.
- 1 - 3 Minneapolis.
St. P aul........
—24-9 Omaha..........
Denver..........
+13-3 Duluth......... .
+15-2 St. J o sep h ...
Sioux C ity....
+13-6 Des M oines..
W ichita........
+26-6 L incoln.........
T o p e k a ..,...
+16-0
T otal Other W estern.
-20-:
-17-8
+97
—8 0
—7-7
+11-4
15,598,779
1,798,914
1,646,711
918,422
900,000
677,296
-8-X
—5-1
+36-0
—3-4
- 8 -7
^ 12 *7
17,571,264
20,836,761
-15-7
21,540,122
8,452,265
6,045,828
4,204.349
5,147,062
4,787,159
1,736,610
1,605,048
1,076,641
805,293
538,492
500,000
356,023
7,653,887
4,177,122
3,068,810
3,618,601
3,956,871
1,462,142
1,120,266
957,341
738,218
483,159
448,640
332,714
+10-4
+44-7
+37-0
+41-1
+21-0
+18-8
+43-3
+12-6
+91
+10-3
+11-4
+7-0
8,088,534
7,110,075
4,723,751
4,747,792
4,740,510
1,700,000
1,741,051
987,288
842,501
572,372
671,630
357,305
35,254,770
28,052,771
+22-1
36,188,821
+18-8
20,248,492
The full details of clearings for the week covered by the St. L ouis.......
9,642.922
New Orleans.
6,243,869
above statement will be given next Saturday. W e cannot, of Louisville......
1,836,224
G a lveston ....
course, furnish them to-day, hank clearings being made up by Memphis.......
*,537,835
1,304,212
H ouston........
the various clearing houses at noon on Saturday, and hence in N ashville.......
1.682,829
857,810
orfolk..........
the above the last twenty-four hours o f the week have to be N
987,015
Dallas.............
566,961
Fort
W
o
rth
..
in all cases estimated, as we go to press Friday night. Below Birmingham..
589,043
500,000
aco..............
are our usual detailed figures for the previous week, that is W
480,000
Chattanooga.
1,331,857
Savannah*..
.
covering the returns for the period ending with Saturday
1,049,832
Atlanta*........
noon March 26, with the comparative totals in 1891.
48,177,212
T otal S ou th ern ...
The total for the week shows a falling off from March 19 of
lj078,230,799
T otal all. . .............
nearly ninety-seven millions of dollars and all but twenty132(188,296
Outside N ew Y ork.
seven and a-half millions of it at New York. Speculation has
9,778,971
Montreal*..
1,208,655
been slightly more active on the New York Stock Exchange, H alifax*....
5,235,486
Toronto*...
and the dealings in grain have been of heavier volume than in : Hamilton*.
559,727
the preceding week..
- * Not included In totals.
19,594,326
7,891,814
6,196,403
2,364,453
2,214,237
1,462.852
1,726,518
907,888
816.099
772,152
706,535
518.719
446.100
+3-3
+22-2
+0-8
—22-3
+ 69 3
—10-»
—2-5
—5 5
+20*9
—26-6
—10-6
—3-6
+7-6
21,934,641
10,653,686
6,182,129'
2,282,891
3,922,286
1,873,955
1,698,510
908,165
1,020,000
486,255
574,565
432,007
410,000
1,539,027
1,303,958
-1 7 -6
—15-2
+30-1
+T-2
—17-4
—2-S
—8-2
-3 5 -2
-2 8 -4
—WO
-1 4 *
+6-3
^ S u b s crip tio n s w ill b e c o n tin u e d u n til d e fin ite ly o r d e r e d s to p p e d . T h e
p u b lish e rs c a n n o t b e r e s p o n s ib le f o r re m itta n c e s u n le ss m a d e b y d ra fts
o r P o s t O ffice m o n e y o rd e rs .
Terms o f Advertising—(P er inch space).
O n e t im e .....................................$ 3 50 T h re e M on th s (13 t im e s ). .$ 2 5 00
(26 “
) . . 4 3 00
fOne M o n th
( 4 t im e s ).. 1 1 0 0 S ix M on th s
) . . 5 8 00
T w o M o n th s
(8 “
) . 18 0 0 T w e lv e M on th s (5 2 “
L on d on A g en ts:
M essrs. E d w a r d s A S m it h , 1 D r a p e r s ’ G a rd e n s, E . C ., w ill ta k e sube r ip tio n s a n d a d v e rtise m e n ts, a n d s u p p ly s in g le c o p ie s o f th e p a p e r at
( W I L L I A M B . B A N A & C o ., P u b lis h e r s ,
WILLIAM B. DANA, j
1 0 i w i l l i a m S tre e t, N E W Y O R K .
JOHN G. FLOYD.
£
POST OFFICE B OX 9 5 8 .
CLEARING HOUSE RETURNS .
^ T h e following table, made up by telegraph, etc., indicate»
that the total bank clearings of all the clearing houses o f the
United States for the week ending to-day, April 2, have
been $1,167,534,209, against $1,078,230,799 last week and
$1,006,500,052 the corresponding week last year.
Week Ending April 2.
CLEARINGS.
Returns by Telegraph.
1892.
1891.
N ow Y o r k ...................................
B oston ..........................................
P hiladelphia....... .......................
B altim ore.............................. .
C h ic a g o ......................................
S t. L ou is.....................................
N e w O rlea n s..............................
$552,172,931
68,927,395
53,745,970
10,974,977
71,792,000
16,943,367
7,272,858
$472,983,027
59,327,083
55,897,505
11.426,148
63,640,000
17,164,976
9,680,439
Seven cities, 5 d a y s ...........
O ther cities, 5 d a y s . . . . . . . . . . . .
$781,829,498
150,096,218
$690,119.178
130,267,923
T otal all cities, 5 d a y s .....
1 d a y ................
$931,925,716
235,608,493
$820,387,101
186,112,951
Dotal all cities fo r w e e k ...
$1,167,531,209
$1,006,500,052
All cities,
Boston...........
Providence....
H artford........
Mew H aven...
Springfield....
W orcester....
Portland.........
L ow ell........... .
New Bedford,
T otal New England.
Philadelphia.............
Pittsburg...................
Baltimore..................
Buffalo.......................
W ashington..............
R ochester..................
Syracuse....................
W ilm ington..............
Binghamton..............
+7-2
—2-0
+10-0
+9-A
+18-0
+10-8
-t-O-S
+18-9
+5-8
j
4-.+11-5
+20-9
+8*2
4-3*2
52,395,090
+•08
858,239,313
+ 2 5 6 1.175,131.142
+16-4
365,007,180
+18-4
469,938,009
+10*5
7,692,386
839,726
+27-1
-t+3-9
0,633,282
031,418
5,902,169
918,065
+ 1V 8
—14-9
45,617,097
TH E
54 0
C H R O N IC L E ,
THE
STATE AW® CITY ® £f AWTWTEWT.
See pages 571, 5 7 2 , 5 7 3 , 574 and 575 for our State
and City Department to-day.
Among many other items of
news we give to-day the full detailed statements of the bonded
debt, etc., of Boston and Lynn, Mass., the debts of each city
having been revised to date.
A ll advertisements with relation to State and City Bonds
will likewise be found on the same and following pages._____
A n ew edition of the
“
STATE A S *
CITY S U P P i-E W E S T ,
revised to as near the day of publication as possible, will be
issued early in the month of May.
TE E F IN A N C IA L
SITUATION.
No very important events have occurred during the
week. The Bering Sea controversy with Great Bri
tain has taken a very pacific turn, and the United
States Senate has unanimously ratified the Treaty of
Arbitration. The effort to bring the Silver Bill up again
for early consideration in the House of Representatives
lias not been crowned with success. On the other
hand, in the Senate notice has been given by Senator
Stewart of his intention to call up next Monday the
Free Silver bill now on the Senate calendar. Foreign
exchange rates continue to rule high, but the only gold
taken for export has been $600,000 engaged for ship
ment to morrow. Trade remains very quiet,as is natural
tinder existing circumstances. This is an era of low
prices. Many leading commodities, like iron, cotton,
silver, wool, &c., are selling at or near the lowest fig
ures ever reached. Such a state of things may be
favorable to consumers, but is not very satisfactory to
producers, and necessitates a complete readjustment of
•old relations and conditions in many industries. The
process is now going on, and acts for the time being as
a disturbing element in the industrial and commercial
world. When the readjustment has been completed,
business we may suppose will resume its normal course.
O f late weeks, to the other unfavorable features there
has been added a marked decline in the price of wheat,
which, however, seems to have served to stimulate
exports again on a considerable scale.
Circumstances like these invest with more than ordi
nary interest and importanee the record of mercantile
failures for the current year to date. We have obtained
from Messrs. R. G. Dun & Co. their statement of fail
ures for the three months to the 1st of April, and it is
very gratifying to note that the comparison is on the
whole more favorable than was supposed likely. This ap
pears especially noteworthy since, as already said, prices
have ruled very low, besides which two important sec
tions of the country— namely the South and the Pacific
Coast—have been experiencing considerable depression
in their trade and industries. Of course the presence
o f these influences is reflected in greater or smaller
degree in the list of failures; the point of chief
importance however is that in the aggregate the disas
ters have been less both in number and in amount of
liabilities than in the first quarter of last year. That
is to say, there were altogether 3,384 failures the present
year in the three months, against 3,545 in the three
months of 1891, while the total of liabilities was nearly
three million dollars less, or $39,284,349, against $42,167,631. In Canada also there is a diminution both in
number and liabilities, only 559 traders having failed
[You. LTV.
in 1892 for $5,754,872, against 575 for $6,048,234 in
1891. Here is a comparison for the United States by
geographical divisions.
,— Quarter ending—. ,— Quarter ending s
March 31,1892.
March 31,1891.
No. o f Amount o f
No. o f Amount o f
Failures. Liabilities. Failures. Liabilities.
Eastern States........................... 379
$4,749,943
354 $3,880,298
Middle States............................. 769
11,825,957
801 11,070,001
Southern States.......................1,032
10,860,345
900 10,526,077
Western States........................... 917
9,688,704 1,074 14,578,255
Pacific States and Territories. 2S7
2,159,400
416
2,113,000
•
States and Territories.
Total......................................3,384 $39,284,349 3,545 $42,167,631
Dom. of Canada & Newfdland 559 $5,754,872
575 $6,048,234
Two sections here attract particular notice by reason
of the results disclosed. We refer to the South and the
West. In the Southern States the amount of failures
was large last year at $10,526,077 ,* this year there
has been a slight further increase to $10,860,345, and
the number of disasters has increased from 900 to 1,032.
Considering, however, how trying the situation has
been in that part of the country, this is better than
expected, and shows that the South is standing the
strain well. Quite in contrast with the exhibit for the
Southern States is that of the Western States. There
the large crops raised last year and the prosperity of the
farming interest, are reflected in a decline in the num
ber of failures from 1,074 to 917 and in liabilities from
$14,578,255 to only $9,688,704. It is quite a surprise
to find that the Pacific States also show smaller failures
287 against 416— though the liabilities are a trifle
larger at $2,159,400 against $2,113,000. The Middle
States likewise show failures smaller in number but
heavier in liabilities, indicating more large failures;
and the Eastern States record an increase in both num
ber and liabilities— the former being up from 354 to 379
and the latter from $3,880,298 to $4,749,943.
There are few new features in the market for money.
On call, as represented by bankers’ balances, the rate
still remains at 11 to 2 per cent, with the average
close to the latter figure. Renewals are made at 2 per
cent, and banks and trust companies quote 2 to 21. One
of the leading trust companies sought a few days ago
to place $1,000,000 in the open market at 11 per cent,
but it was unable to loan more than $200,000, which is an
indication of a light inquiry easily satisfied at the Stock
Exchange. Time loans are more freely offered, and
now brokers are employed to seek borrowers. The de
mand is not large, and no urgent inquiry is looked for
while the stock market remains in its present state.
The offerings are by institutions other than banks in
and out of the city, and collaterals are now accepted
which would, under other conditions of the market, be
taken with some hesitation. Rates remain at 3 per
cent for 30 to 60 days, 31 for ninety days to four
months, and 4 for five to six months. There is a
good demand for commercial paper from every quarter,
and the supply of first-class names is light, but is ex
pected to increase shortly because of the making of
paper with which to settle for January purchases.
Rates are 3 f to 4 per cent for 60 to 90 day endorsed
bills receivable, 4 to 41 for four months’ commission
house names, and 41 to 51 for good single names hav
ing from four to six months to run.
The European markets have been without note
worthy developments this week. In London on Mon
day there was a fall in bar silver to 39d. per ounce, and
the market was demoralized, but it has since grown
steadier, with some recovery in price, the close yester
day being Id. higher, at 39£d.
The cable reports dis
counts of 60 to 90-day bank bills in London l i @ l £
per cent. The open ^market rate at Paris is ¡I f ; at
TH E
A pbil 2, 1892.]
C H R O N IC L E .
Berlin it is also I f , and at Frankfort it is I f per cent.
The Bank of England gained £211,000 bullion during
the week. This, as we are advised by special cable to
ns, was due to imports of £334,000 from a broad (prin
cipally from Portugal and the Argentine Republic), to
exports of £50,000 to various miscellaneous points, and
to shipments of £73,000 to the interior of Great
Britain. The Bank of France reports a gain of £210,640 gold, and, since the last return, the Bank of Ger
many shows an increase of about £288,000 of this
metal.
Foreign exchange has been dull and firm at un
changed figures this week. There seems to be a steady
flow hither of American securities from all parts of
Europe in all sorts of lots, indicating the marketing of
holdings of investors. The market is insufficiently
supplied with commercial bills, and the arbitrage opera
tions for the week have increased the inquiry for drafts.
The market closed firm yesterday at 4 87 for sixty-day
and 4 89 for short. Rates for actual business were 4 86f
to 4 86f for long, 4 87f to 4 88£ for short, 4 88£ to 4 88f
for cable transfers, 4 85£ to 4 85f for prime and 4 85£
to 4 85-| for documentary commercial bills. Messrs.
Lazard Freres have engaged $600,000 gold coin for
shipment by the La Touraine to-day.
While stock speculation in March naturally fell off
after the excitement and activity in February occa
sioned by the Reading deal, transactions were never
theless on a fairly large scale and greatly in excess of a
year ago, as is proved by the aggregates we have pre
pared for the month. We find that altogether 8,933,946
shares of stock were sold in the listed and unlisted
departments in March, against 11,434,111 shares in
February, but as against only 3,646,978 shares in
March last year. The market value of the share sales
the present year was 484 million dollars, against only
about 195 millions last year. Below is our usual com
parative statement.
SALES OF STOCKS AT THE NEW YORK STOCK EXCHANGE.
1802.
Month. Number
of Shares.
1891.
Values.
Par.
$
933,019,100
916,071,600
773,129,890
Actual.
Number
of Shares,
t
Value«.
Par.
Actual.
t
510,138,550
318,301,625
348,087,315
$
268,489,862
175,663,847
195,297,053
ls t q r 30,360,100 2,652,220,590 1,588,859,10^*2,511,661 1,206,530.520
639,150,762
J a n .... 9,992,013
F e b .... 11,434,111
March. 8,933,946
533,383,777 5,618,789
571,380,617 3,275,894
481,094,977 3,616,978
How much more active the market has been in 1892
than in 1891 is evident from the fact that the sales for
the three months have reached 30,360,100 shares
against only 12,541,661 shares for the three months of
1891, and the market values 1,588 million dollars,
against only 639 millions.
We referred last week to the strikingly good returns
of gross and net earnings for February made by the
Pennsylvania and the Reading. This week we have some
other returns distinguished in the same way, more par
ticularly from the Northwest, where the conditions
have been very favorable to the roads. The Burling
ton & Quincy is the first to attract notice, and in that
case the improvement over last year is represented by
very large figures, there having been an increase of no
less than $830,481 in gross earnings and an increase of
$475,366 in net earnings. For the two months of the
calendar year the gain is $1,509,450 in gross and
$800,206 in net. The St. Paul also has very large
gains, February gross receipts having being added to
in the sum of $425,110 and the net in the amount of
$171,327. For the eight months since the first of last July
y—the beginning of the fiscal year—gross receipts haye
541
increased $3,256,445 and net $1,760,934. The Chicago
& Northwestern and the St. Paul & Omaha are iu the
same section, but do not make monthly reports of net
earnings. Their gross receipts, however, indicate very
marked improvement, as in the other cases—the North
west recording a gain of $558,342 and the Omaha a
gain of $180,352.
The Erie for February increased its gross receipts$224,220, but as this was attended by an augmentation
of $253,595 in expenses, net fell off $29,375. For the
five months from July 1 to February 29 this road has
enlarged its gross $833,445, while the net shows a de
crease of $7,827. The Cleveland Cincinnati Chicago 6b
St. Louis has an increase in net for February of $14,512
and for the eight months of $162,228. The Denver &
Rio Grande has a strikingly good statement for the
month, gross being up from $556,215 to $701,993 and
net from $150,271 to $305,684. The Rio Grande West
ern has an increase of $8,966 in gross and a decrease of
$568 in net. Among the Southern roads, Louisville &
Nashville has $254,875 increase in gross and
$95,477 in net, Chesapeake & Ohio $82,061 increase
in gross and $18,914 in. net, and the Norfolk &
Western $144,378 in gross and $35,025 in net. The
Canadian Pacific reports net of $402,160, against $336,820; the Atchison (with the 'Frisco) $733,953, against
$702,978; the Buffalo Rochester & Pittsburg $60,668,
against $39,724; the Kansas City Fort Scott & Mem
phis $104,525, against $93,837; the Kansas City Mem
phis & Birmingham $31,644, against $11,332; the
Savannah Americus & Montgomery $12,932, against
$16,572; and the Iowa Central $41,613, against $64,735.
The stock market this week has been depressed and
lower, with the tone heavy. Richmond & West Point
Terminal securities have been weak on persistent rumors
of disagreements and difficulties attending the reorgan
ization, and New York & New England has been sold
down on reports that the New Haven, now that it has
acquired the Stonington, would discontinue through
arrangements to Boston over the New England. Various
other properties have also been pressed for sale— among
them Missouri Pacific, Atchison, Reading and Northern
Pacific—and yesterday the whole list evinced a pro*
nounced downward tendency on the announcement of
an engagement of gold for export. About the only
noteworthy exception to the weakness during the week
has been Manhattan Elevated, which has advanced
several points.
The following gives the week's movements of money
to and from the interior by the New York banks.
Received by Shipped by
N.T. Banks. N. V. Banks.
Week Endino April 1, 1892.
Net Interior
Movement
fifnirt___________ _______ _______ , . . .
$1,603,000
200,000
$2,660,000 L oss. $967,000
125,000 L oss.
225,000
T otal gold and lega l ten d ers___
$1,893,000
$3,085,000 IiO88.$l,193,0<iO
Result with Sub-Treasury operations.
Week Endino April 1,1892.
Into
Banks.
Banks* Interior m ovem ent, as a bove
$1,893,000
11,600,000
Out of
Banks.
Net Change in
Bank Holdings.
$3,085,000 I.oss.$l,192,000
15,800,000 Loss. 1,200,000
T otal gold and lega l te n d e r s ___ $16,493,000 $18,885,000 L oss $2,392,000
Bullion holdings of European banks.
March 31,1892.
Bank of
Gold.
Silver.
£
£
■ngland........ 25,903,039
France........... 56,283,713 50,952,118
G erm a n y ..,. 37,000,500 12,333,500
5.185.000 16.736,000
A nst.-H u n’y.
Netherlands.. 8.178.000 6,831,000
Nat. B ’lglum . 2,865,333 1,182,667
April 3, 1891.
Total.
Gold.
£
Silver.
Total.
£
£
£
25,903,039 22,259,081
22,259,084
107,235,881 48,677,000 19.783.000 98.166.000
19.331.000 27,881,333 13,940,667 41.822.000
22.221.000 6,126,000 16.518.000 21,944,000)
10,009,000 4.211.000 5.636.000 9.847.000
1.298,000 2.998.000 1.199.000 4.497.000
Tot.this week 130,715,585 86,285,315 219,000,900 111,152,117 87,876,667 198.839,084
Tot. prev. w ’k 130,033,077 88,071,056 218,101,132 113,764,918 88,081,333 201,846,301.
542
TH E
C H R O N IC L E .
LVol LIV,
very few passengers have been carried.
Still, the
opening of that route illustrates plainly the moving
purpose of the New England interests, and the spirit
Whatever may he the outcome of the move in other which. has long dominated them. For the New Haven
respects, the leasing of the New York Providence & to have remained passive under these circumstances,
Boston (or Stonington Line) by the New York New where events have demonstrated that the Stonington
Haven & Hartford must certainly he regarded as an line, one of its most important connections, could be
advantageous step for the New Haven. Both properties obtained on entirely satisfactory terms, would have
are in excellent condition, both have been well man looked very much like supineness on the part of the
aged, both have an old, established business, both are officials.
In a sense the New England and the New Haven are
enjoying great prosperity, and both have been paying
10 per cent dividends for many years. The stock of inter-dependent— that is, each has what the other lacks.
The New Haven is without a line of its own to Boston
the Providence & Boston,
moreover, is small
85,000,000— and then also the two roads are natural but has a line to New York. The New England is with
connecting lines and their interests are identical. Thus out a line to New York but has a line to Boston. Thus
the risks involved in the assumption of the lease are re each is in position to supply the other’s deficiency.
duced to a minimum; in fact, as far as the past is any Moreover, the New England and New Haven together
guide to the future, the risks are practically nil. The form the shortest all-rail route between New York and
transaction is very different from one where heavy or Boston, thus furnishing a strong reason why the two
burdensome liabilities are assumed, or where the should work in harmony. The New Haven, however,,
property taken over has a poor or indifferent record, has this advantage over the New England, that while
and where it is a question whether the lessee, even the latter has to rely exclusively on the New Haven
under good management, can make it earn the rental to get into New York, the New Haven to reach
or dividends guaranteed. It is difficult to conceive, Boston has the choice of two other lines be
however, of the New Haven management undertaking sides the New England, namely the Stonington
and the Boston & Albany. The situation, how
a lease of the latter description.
Ilf Apart from considerations of this nature the acquisi ever, would be different if we suppose the
tion of the Providence & Boston will materially Stonington as well as the New England in antagonistic
In that contingency there would have been
strengthen the position of the New Haven, and is a hands.
left
only
the
Boston & Albany— forming the longest of
clever piece of strategy— all the more clever because
the
three
routes—
for the New Haven to depend o n .
secured as we have seen on terms that suggest little
Of
course
the
Stonington’s
interests, as already said,
likelihood of loss. The action is quite generally con
all
lay
in
the
direction
of
an
alliance with the New
strued as inimical to the New York & New England,
and as implying hostility to that interest, and indeed Haven, and it is difficult to imagine it affiliating with
one of the officials of the New Haven Road has been any other line, but so long as the road was independent
quoted as having made utterances somewhat to that the New Haven could not exercise effective or com
effect. But it is unnecessary to put that construction plete control over it, and if by any chance its managers
on the move. The act may, we think, be viewed as in should have ranged themselves on the side of the New
tended primarily to place the New Haven in position England or the road should have passed under its domi
to give full protection to its interests should occasion nation the New Haven might have been deprived of the
arise demanding such a course. The effect ought to freedom of action it now enjoys. Through the acquisition
be to diminish the danger of an actual conflict in mak of the Stonington, the New Haven avoids embarrass
ing it evident that the New Haven is well prepared to ment of that kind, and gains besides other advantages.
The Consolidated after reaching the City of New
meet active antagonism on the part of the New Eng
Haven,
as is known, branches out in three directions,
land. It does not follow that because it has added to
one
branch
giving connection with the Boston &
its possessions in that way, the New Haven will pursue
a hostile course or seek to provoke a conflict. But if Albany at Springfield, the other giving connection via
the New England should carry out its threat to build the Air Line with the New England at Willimantic,
an independent, line the New Haven will find control of and the third connecting with the Stonington at New
London, this latter being called the Shore Line because
the Stonington a distinct advantage.
It is to be remembered that for years it has been the it skirts the shore of the Sound. As the Stonington
object of the New England to secure its own entrance runs to Providence the acquisition of that line extends
into New York and thus dispense with the use of the the Shore Line branch of the New Haven on to Provi
New Haven line. No secret has been made of this; dence, and the New Haven at the same time gets posses
each succeeding management has dwelt upon the sup sion of the Providence & Worcester, which is leased to
posed advantages to result from such a step and the Stonington and which runs from Providence to
expressed its determination to proceed with the work. Worcester. It does not of course get an entrance into
This determination under the recent change of control Boston, but it seems improbable that any difficulty
fleems to have become more pronounced than before, should arise regarding the use of the Old Colony for
and it is not unnatural that the New Haven therefore that purpose, the same as heretofore, the arrangement
should want further to fortify its own position— strong being evidently profitable to the Old Colony and there
though that position already was. Moreover, the New being no object or motive to inspire its discontinuance.
Up to the present time the New Haven has not dis
England, in connection with its allied lines, inaugu
criminated
against any of the three routes. It has
rated a new route to Boston— we mean the Long
used
them
all
nearly impartially. This is especially true
Island route—a short time ago. To be sure, the time by
as
regards
time,
since the time is the same by all the
this route is so much longer than that by any of
routes.
We
have
said that the route via Middletown
the New Haven routes, while at the same time there
and
Willimantic
over
the New England is the shortest
are other objections to it, that the competition thus
of
the
three.
The
distance
in that way between N ew
far has not amounted to much, it being admitted that
THE N E W HA VEN’ S LEASE OF THE
PR O VID EN CE & BOSTON.
A
p r il
2, 1892. J
TH E
C H R O N IC L E
543
the first half of 1891, as prepared by Mr. James
M. Swank, the General Manager of the Iron $
Steel Association, and commending him for his prompt
work, we pointed out that the English statistics for the
calendar year 1890 had only just then been.published.
This year the statistics appeared in the English trade
papers of the 4th of March. Even then, however, the
English statement was fully a month behind that of the
United States covering the same period, for Mr. Swank’s
figures indicating the make of iron in this country dur
ing 1891 were given out before the end of January,
being analyzed by us in our issue of January 30. In
one particular, however, the English statement has an
advantage, for it reports the production of steel as well
as iron, while no report on the steel production of the
Hour.
Route.
Time.
United States has yet been made public, though the out
9 a . m .................... Boston & Albany........................................................ 6*2hours.
6 1« hour*. put of steel rails has been announced.
10 A. M....... ............Btonington.......................
The delay is
11 a . M.................... Boston & Albany....................
6*2 hours.
12 M........................ New England via Hartford.................
6 1« hours. exceptional, and is explained by Mr. Swank as due to
1 p. m .................... Btonington..............................
. . . . 6*2 hours.
*2 p. M.................... Btonington............................................................... ..O1« hours.
the work involved in getting out the new directory of
3 p. m ....................New England via Willimantio...................... .6 hours.
4 p. M....................Boston & Albany...................
6 hours. the Association.
5 p . m ....................Btonington......................
6 hours.
The first important fact which the statistics disclose
* Buns from New York only.
is
that in 1891, as in 1890, the United States made
There is a fast train every hour, it will be seen, from
9 o’ clock in the morning till 5 o’clock in the afternoon. more pig iron than the United Kingdom, so that this
The trains run both ways, too, at all the hours— that country retains its position as the heaviest iron-produc
is, start from both Boston and New York— with the ing country of the world—a distinction so long enjoyed
exception of the 2 o’clock train, which runs from New by the mother country. Nor is the difference in favor
York only. Leaving that out, there are eight fast of the United States small; it amounts to fully a mil
trains, of which 3 run over the Boston & Albany, 3 lion tons— in exact figures 1,051,374 tons. In other
over the Stonington and 2 over the New England, one words, while the production of the United States was
of the latter via Hartford and the other via Middletown 8,279,870 tons, that of Great Britain was only 7,228,and Willimantic. Of the very fast trains—that is 496 tons. In this the tons are taken at the gross
those that cover the distance in just six hours—there weight of 2,240 lbs. That is the way they are always
are three, one by each of the routes. There are of stated on the other side, and in the present article we
/Course also other and slower trains, and in these the shall adopt the same basis, instead of giving the results
New England has its share; and the night train via the in the conventional ton of 2,000 lbs. In the year pre
ceding— 1890—the United States had a still greater
Harlem Biver likewise runs over the New England.
As already intimated, the acquisition of the Stoning excess over the United Kingdom, our output having
ton does not necessarily imply a change in the existing been 9,202,703 tons, while Great Britain’s was 7,875,130
arrangements. With the Stonington a New Haven tons, a difference-of 1,327,573 tons, against an excess
possession, it is easy to see that the inclination would for the late year, as we have seen, of 1,051,374 tons.
he to favor that route over the others. Still, it is not Thus there was a falling off in the production of both
certain that such a policy would be the best one to countries, but while the United States lost 922,833
pursue, and doubtless as far as the New Englaud is con tons Great Britain lost only 646,634 tons.
Another interesting circumstance which appears
cerned much will depend on the attitude of that road
itself. We need hardly say that if the running time from an examination of the statistics, is that not only
between the two cities should be further reduced, it in Great Britain and the United States, but also in
would be a great boon. But the fact is equally clear Germany and France, was there a falling off in pro
that the public convenience will be promoted by having duction in 1891 as compared with 1890. This, how
a choice of routes as at present, and this consideration ever, is natural, and was to be expected, seeing that
we may suppose will have much weight with the New some of the depressing influences at work in that year
affecting industrial interests were very general in their
Haven management. We should think too that
would be to the mutual advantage of both the New nature and extended to all the leading European coun
Haven and the New England to continue their joint tries. Of course, alongside of either the United States
or Great Britain, Germany and France are comparatively
train service.
small producers, both together making less iron annually
P IG IPOJŸ PRODUCTION IN THE LEADIN G than either one of the first two. The falling off from
PRODUCING COUNTRIES.
1891 in those cases has also been small—both relatively
The fact that the rate of pig iron production in the and absolutely— Germany having lost 111,006 tons and
United States, according to the furnace returns, is now France but 43,011 tons. We have prepared the follow
the largest ever reached, and that as a consequence ing interesting statement to show the production in
prices for iron are extremely depressed, lends additional each of the four countries in each year since 1880.
PIG IKON PRODUCTION OP LEADING COUNTRIES.
interest to the statistics showing the course of iron pro
Metric t’n s o f2204Ibs.>---- Tone o f 2240 Ibs.,— Total— ,
Germany.
France.
G. Britain.
U. States.
4 Oountr’s.
duction in recent years in the leading producing coun
1880 .7,749,233
3,835,191
2,729,038
1,725,293
16,038,755
2,914,009
4,144,254
1,899,861
-8,144,449
17,102,573
tries. We have the figures now for 1891 for Great 1881.
3,380,806
4,623,323
1882.
-8,580,680
2,039,067
18,629,876
Britain, the United States, Germany and France 1883.
3,469,719
4,595,510
-8,529,300
2,067,387
18,661,916
3,600,612
4,097,868
1,855,247
1884.
-7,811,727
17,365,454
which together furnish the bulk of the world’s annual 1885.
4,044,526
3,687,433
-7,415,469
1,630,648
16,778,076
1886.
-7,009,754
5,683,329
3,528,658
1,516,574
17,738,315
output of iron. The English statistics are unusually 1887.
6,417,148
-7,559,518
4,023,953
1,567,622
19,568,241
1888.
-7,998,969
4,229,481
6,489,738
20,401,540
1,683,349
early the present time. Last July, in reviewing the 1889.
-8,322,824
7,603,642
4,387,504
22,036.450
1,722,480
1890.
-7,875,130
9,202,703
23,603,054
4,563,025
1,962,196
statement of iron production in the United States for 1891-7,228,496 8,279,870 4,452,019 1,919,185 21,879,570
York and Boston is about 313 miles. The New Haven
likewise connects with the New England at Hartford,
and by that route the distance between the two pities is
227 miles. By the Shore Line the distance is about
229 miles and by the Boston & Albany via Springfield about 234 miles. Thus the difference between
the longest and the shortest route is over 20 miles,
which on a total distance of only a little over 200 miles
is considerable. Trains, however, as already said, are
run at the same aggregate time over all the routes. We
are referring to the fast trains, which cover the distance
either in six hours or in 6^ hours. We have made up
from the Official Guide the following table to show all
the fast trains of this kind and the routes over which
they run.
544
TH E
C H R O N IC L E .
fVoL. LTV.
Taking the four countries as a whole we see that as well as men of all nationalities, joining in a common
aggregate production increased from 16,038,755 tons cause, and with unity of purpose seeking to relieve a
in 1880 to 23,603,054 tons in 1890, but fell off to large portion of their fellow men from this great evil.
21,879,570 tons in 1891. The decrease in that year
It was a cause of rejoicing to many when it became
was thus nearly I f million tons, but followed a rise of known in 1890 that the British East Africa Company
over 7£ million tons in the ten years preceding. More contemplated the construction of a railroad from Lake
over, almost the whole of the gain was made during Victoria Nyanza to the sea; and this feeling was
the last five years of the decade, for even as late as heightened when towards the close of that year Lord
1885 the total output of the four countries was only Salisbury called the attention of the British Treasury
16,778,076 tons, as against 23,603,054 tons for 1890 to the subject, and pointed out some of the considerations
and 21,879,570 tons for 1891. The gain was uninter which made it fitting that the Imperial Government
rupted from 1885 on, year by year, till 1891. The should bear some part of the expense of opening up the
fact should not be overlooked, however, that 1885 was country included in the British sphere of influence.
a year of low totals, thus furnishing a good basis for It is impossible for any one who has made any earnest
the subsequent rise. In fact, between 1883 and 1885 attempt to familiarize himself with the geographical
there had been a falling off in the output of almost two characteristics of equatorial Africa, and with the slave
million tons, in which falling off all the countries trade, as the slave trade has been conducted, not to feel
except Germany participated.
convinced that of all possible instrumentalities capable
Most interesting of all is it to note the changes which of being used in giving effect to the purposes of the
have occurred in the relative positions of the four anti-slavery associations, a Continental railroad from
countries. In 1880 nearly one-half of the total output the great lake to the Indian Ocean would be the most
was furnished by Great Britain. In 1891 that country effectual.
had not quite one-third of the aggregate. On the
At the back of the great lakes the population is
other hand the United States which in 1880 had less enormous, and it is more or les3 directly interested in
than one-quarter of the total, for 1891 had about the traffic in slaves. Drawing its supplies from the
three-eighths of the whole. Great Britain's output interior, it finds an outlet at the coast. A t present
in 1891 was actually 520,737 tons less than in 1880, the British Government guards the coast with cruisers.
eleven years before. The output of the United States But where there i3 so much temptation offered in the
in the same interval increased from 3,835,191 tons to no shape of rich returns, cruisers are not equal to human
less than 8,279,870 tons— that is was considerably more daring and resource, united with high intelligence.
than doubled. It is not difficult to explain the change. This, however, is not all. If it were possible to estab
Our output of iron is consumed at home, but in Great lish an effectual blockade the slave trade would con
Britain a very large proportion of the production is tinue to flourish in the interior. Between the lakes
exported, much of it in finished forms. Now, as is and the coast there is a vast expanse of ter*
well known, the conditions in foreign countries of late ritory where men are the only beasts of burden,
years have not been favorable to large exports of the tsetse fly making the use of horses or mules impos
British iron and steel. The Argentine Republic and sible. The cheapest way to get men is to kidnap and
South American countries generally have been having make slaves of them. It is thus manifest that a mere
a hard time of it commercially and financially. In blockade, looking only to the exportation of slaves,
some of the other countries which draw supplies from which, after all, is the smallest part of the traffic,
Great Britain the conditions have been no better. More will accomplish but little in the direction intended—
over, the exports to the United States have also been the extinction of the slave trade. There are but two
very greatly reduced during the last few years. In methods by which anything like satisfactory success
1891 we imported, all told, of all kinds of iron and can be achieved. One is to establish military posts in
steel, including tin plates, only 557,766 tons. In 1887 the interior, on a scale of sufficient magnitude and in
our imports were not far from 1,800,000 tons, indicat sufficient number, whose business it should be to stop
ing a falling off as between that year and 1891 of 1£ all caravans. The other is to construct railroads, which
million tons, the most of which loss we may safely would effectually supersede the caravan trade. With
assume fell on Great Britain. The same fact likewise railroads connecting the lake regions with the East
shows what has aided the United States in disposing Coast, the caravans in which, as we have seen, men play
of its steadily enlarging production— part of the in the part of beasts of burden, would cease to be lucra
crease went to supplant foreign supplies. It will be ob tive.
The destruction of the caravan trade would
served that Germany also has very largely increased its prove the death of slavery.
output, though not to the same degree as the United
As it was a source of joy when it became known that
States. As against 2,729,038 tons in 1880, that coun the Salisbury Government were not only well disposed
try in 1891 had an output of 4,452,019 tons and in 1890 toward the railroad enterprise contemplated by the
4,563,025 tons.
In France there has been no material British East Africa Company, but proposed to recom
advance, the total at 1,919,185 tons for 1891 comparing mend that Parliament grant pecuniary aid, so was it a
with 1,725,293 tons for 1880.
disappointment when the proposal was so roughly voted
down in the House of Commons, soon after the opening
of the present session. There are some signs that not
THE VICTORIA N Y A N Z A R AILR O A D AN D
a few have repented giving that vote. At the time, in
THE SLA VE TRADE.
deed, it was believed that the Government proposal to
It is fair, we think, to say that all civilized peoples lend a helping hand in the construction and mainten
are more or less deeply interested in the suppression ance of the Victoria Nyanza railroad was opposed not
o f the African slave trade. Not in modern times has any so much on its own merits as because the Lib
great public movement had a more uniting influence in erals wished to feel their strength. The opposition
the matter of religion; and the spectacle has been wit was not based on any objection to the railroad
nessed of men of all sections of the Christian Church; in itself considered, but on the ground that
TH E
A p r i l 3, 1892.]
C H R O N IC L E .
645
although the British East Africa Co. cfmld not be 1890 but 38,863 bales. For the seven months the
wholly dissociated in its work from the duties and aggregate net reaches 1,053,328bales, again over 1890aims of the Imperial Government it partook largely of ’ 91 of 153,440 bales, and compared with the previous
the character of a private and commercial enterprise. year the increase is 218,954 bales. Presented in our
The Government money, it was claimed, was to go to usual form the results for the past three seasons are as
the aid of men already r ic h ; and the object was follows :
OVERLAND FROM SEPTEMBER I TO APRIL 1.
to make rich men richer. A calmer and more intel
1391-92. 1890-91. 183 9 -9 0.
ligent view of the situation now prevails. It is felt and
Amount
shipped—
admitted that the British Government is under some
Via St. Louis............................................. 5 5 8 ,1 1 7 5 2 7 ,2 8 6 4 7 6 ,6 2 6
special obligations in the matter. By the General Act
Via Cairo...................................... ............ 3 2 1 ,9 8 9 2 6 3 ,8 5 3 2 9 5 ,4 1 8
8 4 ,5 1 1
5 8 ,3 6 9
Via Hannibal............................. .............. 1 5 5 ,6 4 7
of the Slave Trade Conference, Great Britain is bound
3 4 ,0 1 1
2 5 ,4 7 6
2 0 ,1 7 5
Via Evansville................................... ...»
to co-operate actively by land and by sea in putting down
1 7 4 ,6 5 6
1 8 4 ,2 0 9
1 1 0 ,3 5 2
Via Louisville ............................... ........
1 6 0 ,1 3 7
1 2 3 ,5 9 7
1 9 4 ,3 5 2
Via Cincinnati ........................................
the slave trade; and she is expected, among other
Via other routes....................................... 1 3 3 ,1 8 3 1 2 3 ,9 6 5 1 4 4 ,3 0 2
things, to establish military posts and to construct rail Shipped to mills, not included above...
9 ,0 5 4
9 ,4 8 7
8 ,0 7 4
roads. The reaction acquires force from the feeling
Total gross overland......................... 1 ,5 1 0 ,6 i 7 1 ,3 7 8 ,4 9 1 1 ,3 0 7 ,0 6 8
which prevails among a large section of the clergy, and
Deduet—
the religious public generally.
3 2 2 ,7 4 0
2 9 2 ,2 8 3
3 2 1 ,1 2 0
Overland to New York, Boston, &c—
5 7 ,0 6 1
1 0 3 ,7 6 1
5 2 ,6 1 5
Surveys have already been made of part of the ground Between interior towns . . . . . . . . . . . . . . .
2 ,9 0 9
1 ,8 4 2
Galveston, inland and local mills........
from Mombasa to Lake Victoria Nyanza ; and papers New Orleans, inland and local mUls...
1 0 ,6 3 4
2 5 ,5 4 5
1 8 ,5 7 5
4 2 ,6 1 6
3 7 ,7 1 1
3 9 ,1 3 2
estimating the probable cost were a few days ago sub Mobile, inland and local mills...............
1 ,1 0 3
1 ,2 8 8
275
Savannah, inland and local mills.........
mitted to Parliament.
It has been very clearly Charleston, inland and local mills.......
6,451
9 ,5 2 3
1 2 ,2 8 5
1,0 4 6
706
853
demonstrated that the Government would be a gainer in N. Carol’ a ports, inland and local mills.
9 ,9 1 8
1 5 ,7 9 5
2 1 ,4 6 9
a pecuniary sense by encouraging the building of the Virginia ports, inland and looal mills..
4 7 8 ,6 0 3
4 7 3 ,2 9 4
4 5 7 ,3 5 9
Total to be deducted........................
railroad. It costs £100,000 per annum to maintain the
8 3 4 ,3 7 4
8 9 9 ,8 8 8
1 ,0 5 3 ,3 2 8
Leaving
total
net
overland*.........
.
cruisers which now guard the East African Coast. It
‘ This total Includes shipments to Canada toy rail, which sine®
would cost less to establish and maintain a cordon of September 1 in 1891-92 amounted to 54,589 bales, in 1890-91 were
48,234 bales and in 1889-90 were 43,128 bales.
military posts.
It is estimated that it would
RECEIPTS, EXPORTS A N D SPINNERS’ TAK IN G S.'
be cheaper still to help build and maintain
R eceipt at the ports for the month have been 376,400
the proposed railroad.
The presumption is that
bales, ag. iust 427,702 bales in 1891 and 213,697 bales
reason will come in this case to the aid of
in 1890. The aggregate for the seven months is con
humanity, and that the surveys will be com
sequently 240,819 bales greater than for the same
pleted and the railroad built. Among the causes which
period last year, and 915,553 bales ahead of 1889-90.
operate to make the railroad a necessity in the early
The outward movement of cotton has been quite free
future is the promising condition of things in Uganda.
in March this year, the total foreign shipments having
A report submitted by Captain Lugard, showing how
been 440,634 bales, which compares with 438,940 bales
great a work is going on in that region— civilization
and 412,160 bales respectively in the two previous
and commercial progress going hand in hand— has
years. For the season to date therefore there is a small
made a deep impression on the country at large, enlist
increase over a year ago, but contrasted with 1889-90
ing the sympathy of such a man as Sir William Har- the gain reaches 405,950 bales. Our usual table of
cou rt; and there is good reason for believing that
receipts, exports and stocks is as follows :
interest as well as duty will prove helpful to the Vic
Receipts Receipts EXPORTS SINCE SEPT. 1 1891, TO—
toria Nyanza Railroad enterprise. Without a doubt, Movement from since since
Stocks
Sept. 1.1891, to
Total. April 1,
it will be a great day for Africa when that railroad is Aprii 1,1892. Sept. 1 Sept. 1 Great France. Conti
1892.
nent.
1891.
built.
________________
COTTON ■CONSUMPTION AND OVERLAND
MOVEMENT TO A P R IL 1.
As our weekly statements of overland receipts, &c.,
have indicated, the movement of cotton in March has
been on a fairly liberal scale. The returns for the full
month have now been received by telegraph, and from
them the subjoined statements covering the period from
September 1 to March 31 have been compiled. The
amount brought into sight during the month through
the overland movement and the ports and interior towns
reaches 431,016 bales, or a little less than in the similar
period of 1891. There is now visible of the current
crop 8,348,547 bales, against 7,866,588 bales at the same
date last year.
1890.
Galveston.......... 1,036,015 931,086
23,593
32,079
El Paso, &c ...
New Orleans. .. 2,286,359 1,879,860
Mobile................ 247,101 270,065
42,774
24,316
Savannah.......... 935,840 1,027,788
Brunswick, &c. 160,571 175,124
Charleston......... 442,982 451,143
687
1,483
Port Royal,&c.
W ilm ington...... 153,285 181,794
3,744
2,340
Washingt’n.&c
N orfolk.............. 468,217 577,332
W est P oin t___ 295,390 316,016
87,611
43,001
Newp’tNews,&o.
80,668 112,595
New Y o r k ..........
107,099
89,671
48,035
68,993
Baltimore...........
41,982
65,980
Philadelphia,&c.
Total 1891-92.. 6,501,719
Britain*
627,052
76,627
786,834
37,866
448,236
175,926
98.947
160,030
80,197
4,849
5,550
61,671
137,011
83,970
21,322
343,580
198,771
73,255
14,990
2,821,225
7,900
5,272
26,611
6,679
83,100 786,779
29,875
29,875
514,613 1,749,683
37,806
369,558
23,938
167,124
477,434
103,796
832,704
57,838
3,428
45,500
46,487
108,158
15,150
31,428
12,383
176,309
96,353
26,594
518,824
207,938
175,242
15,698
37,485
7,585
865
406,591
15,000
33,293
12,540
271,311
148,633
9,167
95,308
708
38,718
611,921 1,410,137 4,843,283 1,067,493
Total 1890-91..
6,260,900 2,729,034
501,370 1,573,107 4,803,511
072,187
Total 1889-90..
5,586.166 2,565,756
455,428 1,416,149 4,437,333
373,327
* Great Britain exports include to the Channel.
Using the facts disclosed by the foregoing statements
we shall find that the portion of the crop which has
The gross shipments overland have been greater dur reached a market through the outports and overland,
ing the month than in the like period of either 1891 or and the Southern consumption since September 1,
1890, reaching 149,550 bales, against 114,875 bales and this year and the two previous years, is as follows;_____
88,258 bales respectively. The season’s total is now
1891-92. 1890-91. 1889-90.
132,196 bales more than that of a year ago and 203,019
6,501,719
6,2P0,900 5,586,166
at the ports to April 1 __ bales.
bales in excess of 1889-90. The month’s net records a Receipts
Net shipments overland during same time 1,053,328 899,888 834,374
much heavier ratio of increase over the preceding two
Total reoeipts.........- ...................bales. 7,555,047 7,160,788 6,420,540
years than is the case in the gross, having been 100,116 8outhem consumption since September 1 449,000 412,000 383,000
Total to April 1.......................... bales. 8,004,047 7,572,788 6,803,540
bales, whereas, last year it was only 47,829 bales and in
OVERLAND MOVEMENT TO A PR IL 1.
TH E
546
C H R O N IC L E .
The amount of cotton marketed since September 1 in
1891-92 is thus seen to be 431,259 bales more than in
1890-91 and 1,200,507 bales greater than in 1889-90. To
determine the portion which has gone into the hands of
Northern spinners during the same period we hare
prepared the following:
Total receipts to April 1,1892, as above......................bales. 8,004,047
Stock on band commencement oi year (Sept. 1,1891)—
At Northern p o r t s ............................ 142,160
At Southern ports......... ................
86,524— 228,684
2,768— 231,452
A t Northern interior markets.............................
SSf Total supply to April 1,1892........................... .................. ..8,235,499
Of this supply there has been exported
to foreign ports since Sept. 1,1891.-4,843,283
Less foreign cotton included.............
17,408—4,825,875
54,589
Sent to Canada direct from W est.....................
Burnt North and South..........................................
3,108
Stock on hand end of month (April 1,1892)—
467,424
At Northern p o rts ................. .
At Southern ports . . . . . . . . . . . . __ . . . . . 600,069—1,067,493
At Northern interior markets.............................
11,877—5,962,942
Total takings by spinners since Sept. 1 ,1 8 9 1 ..................... 2,272,557
449,000
Taken by Southern spinners......................................................
Taken by Northern spinners since Sept. 1,1 89 1 ............bales 1,823,557
Taken by Northern spinners same time in 1890-91................ 1,704,539
Increase in takings by Northern spinners this year... .bales.
119,018
The above indicates that Northern spinners had up
to April 1 taken 1,823,557 bales, an increase over
the corresponding period of 1890-91 of 119,018 bales
and a gain over the same period of 1889-90 of 203,838
bales.
AMOUNT OF CROP NOW IN SIGHT.
In the foregoing we have the number of bales which
has already been marketed this year and the two
previous seasons. An additional fact of interest is
the total of the crop which was in sight on April 1,
compared with previous years, and this is shown in the
following :________ __________________________________
1891-92.
1890-91.
1889-90
Total marketed, as above....bales.
Interior stocks in excess of Sept. 1.
8,004,047
344,500
7,572,788
293,800
6,803,540
115,000
Total in sight....................bales.
8,348,547
7,866,588
6,918,540
This indicates that the movement up to April 1
of the present year is 481,959 bales more than in 1890-91
and 1,430,007 bales greater than in 1889-90.
fPAs it will interest the reader to see what has come
into sight each month of the season during this and
previous years, we have prepared the following, which
shows the movement for the last four seasons.
Months.
1891-92.
1890-91.
1889-90.
September...........
October................
November............
December............
January...........
February.............
March..................
826,932
2,026,205
1,927,880
1,622,475
752,027
759,012
434,016
860,274
1,723,759
1,615,981
1,645,229
965,463
620,551
435,331
655,770
1,623,648
1,633,028
1,568.921
770,523
470,625
196,025
Total 7 months.
Balance season..
8,348,547
7,866,588
788,930
6,918,540
395,186
Total crop........
8,655,518
7,313 726
W EIGHT OF BALES.
Same
Same
Seven months tending April 1,1892. peri’d in peri’d in
1890-91. 1889-90.
Number o f
Bales.
Weight in
Pounds.
1,118,094
2,286,359
247,101
1,120,727
444,465
806,608
155,625
1,825,068
582,761,774
1,132,387,886
123,056,298
542,566,355
216,610,018
397,149,581
76,965,900
919,834,272
521*21
495-28
498*00
484*12
487*35
492*37
494*56
504 00
530*51
499 81
508 00
494*28
489 62
49107
49410
507 60
524*40
494*91
497*00
486*33
480 00
485*65
48805
501-41
Total........... 8,004.047
* Including Florida.
3,991,332,084
498 63
502 81
496 82
Texas...............
Louisiana.........
Alabama..........
Georgia*...........
Bouth Carolina.
Virginia..........
North Carolina.
Tennessee, Ao..
It will be noticed that the movement up to April 1
shows a decrease in the average weight as compared
with the same period of last year, the average this
year being 498*66 lbs. per bale, against 502*81 lbs. per
bale for the same time in 1890-91 and 496*82 lbs. in
1889-90.
D RY GOODS TRADE IN M ARCH.
Business at first hands has been irregular, and to a
considerable number of agents and manufacturers by
no means satisfactory. The demand showed a falling
off in various directions under the influence of un
favorable weather, heavy snow-storms and bad roads
checking the distributing movement materially. In
staple cottons the difference between popular makes
and other brands has been clearly defined under these
conditions, the former continuing well sold and steady
in price, the latter increasing in supply, with a down
ward tendency. Although agents have made no revi
sion of quotations, such cottons as three-yard Southern
brown sheetings may be marked down fully £c. per
yard from last month's nominal prices, while Eastern
makes of the same weight are in favor of buyers.
Bleached shirtings were irregular also, apart from the
leading tickets. Wide sheetings and colored cottons
we]l sold ahead and firm. Prints and ginghams ruled
quiet at first hands. The jobbing trade compares un
favorably with February, bad weather being responsible
for a smaller trade than had been counted upon. The
month closes with evidences of an over-supply of me
dium price dress ginghams, the largest drive of the
year being in progress in these during the last three
days, a standard 8c. make being sold at 6£c. per yard.
Print cloths are quoted at 3 1-16c. per yard for 64x64s
throughout the month, an interim quotation of 3£c.
claimed by most manufacturers being disputed by
printers. There are few complaints on the score of
collections, and these complaints, as before, are con
fined to Southern sections.
1892.
Q Oott’n Print- Sheetlow
ing ings.
3
3 mid- cloths, standdling. 64r64 ard.
l..
2..
3.
4..
1888-89.
5»
6..
430,209
7..
1,502,289
8 ..
1,512,609
9..
1,540,816
10
766,566 1 1 ....
519,603
2 ..
342,451 113..
14..
6,614,543
320,539 15..
16..
6,935,082 17..
18..
19..
T o furnish a more exact measure of the receipts up to
April 1 we give below our usual table of the weight of
bales. We give for comparison the figures for the
same tim« in the two previous years.
Average Average Average
Weight. Weight. Weight.
[VOL. LI Vi
65s
6%
60s
ti5«!
6916
3*06
3*06
3*06
3*06
3*06
6*16
3*06
306
3*06
3 06
3 06
3*06
64°
6 I3
6^3
67ie
6%
65le
63s
63s
630
2 1 ..
630
638
23..
24..
25..
26..
27..
28..
29..
63s
65ie
65le
3*06
3*06
3*06
3*06
3*06
3*06
3*06
3*06
3*06
3*06
3*06
3*06
6%
63t
6\
6\
6^
. . . 8. . .
6%
6%
6^
6%
...S ...
6V
6%
6*
6\
6%
6%
. . . 8. . .
63i
6\
6\
6%
6%
1891.
Lancaster
ginghams.
S’th’n Oott’n,Print- Sheet- Laning ings. caster
3 -yd. low
sheet- mid- cloths, stand- Qingings. dling.fi 4x64 ard. hams.
714
714
734
714
734
53a
5ia
5ia
5ia
5*a
734
734
734
734
734
734
5ia
5ia
5ia
5ia
5ia
5ia
734
734
734
734
734
734
5ia
5>a
5ia
5ia
53fl
53a
714
734
5ia
5ia
5ia
5ia
53*
53a
734
734
734
86ia
3*00
3*00
3*00
3*00
3*00
3*00
87lfl
830
830
She
87,a
8 ia
3*00
2*97
2*97
2*97
2*97
2*97
8 ia
8 ia
8 >a
8 ia
8716
8716
2*97
2*97
2*97
2*97
2*97
2*97
8718
2*97
2*97
2*97
2-97
2*97
2-97
83a
8eia
8816
®b16
87lft
87is
8716
...S...
734
734
734
734
734
734
. . . 8. . .
7
7
7
7
7
7
734
734
734
734
7
7
7
7
7
7
734
7H
734
734
734
734
7
7
7
7
7
7
734
734
7
7
7
7
7
7
734
714
. . . 8 .. .
. . . 8 .. .
714
S’th’n
3-yd.sheet
ings.
614
614
614
634
614
634
634
614
614
634
6 I4
614
6*4
634
634
614
6*4
6 I4
6*4
634
614
6%
734
734
87,(5
734
.. S...
63?
5ia
3*06 6 \
734
734
87j.a
634
734
6*4
3*06 6 %
53#
3*96 6 %
87is 2*97 734
7
30.. 634
734
5ia
634
871# 2*97 734
3*06
7
31.. 6i*
5ia
7*4
614
The above prices are—For cotton, low middling uplands at New York;
for printing cloths, manufacturers’ net prices: for sheetings, agents’
prices, which are subjeot to an average disoount of 5 per cent, except
when otherwise stated: Southern sheetings net.
0 816
6*
R E V IE W OF PR ICES I N MARCH—STOCKS,
GOVERNM ENT BONDS A N D FO R E IG N
EXCHANGE.
The following table shows the highest and lowest
prices of railway and miscellaneous stocks at the N. Y .
Stock Exchange during the month of March, 1892.
A
p r il
STERLING EXCHANGE (POSTED BATES) FOR MARCH,
RAILROAD AND MISCELLANEOUS STOCKS.
B ailroads .
Low. High.
Oreg. 8 h. L. & U. N ..
Albany Susqueh’na.. 160 160
Atchison Top. & S.Fe.
3 6 i8 40*3 Peo. Decat. & E’ville.
Atlantic & Pacific.. . .
4 ia
4 * Peoria & E astern . . . .
951* 101% Phila. & Read, certa.
Balt. & Ohio...........
P. C. C. & St. L .........
95
96
Benef. Int. certs.......
Do
pref.
Balt. & Ohio 8 . W. pf.
4%
514
Pittai». Ft. W. & Chic.
Belle. & 8 o. ill. pref. 130 130
Do
spécial..
351 * 411*
Buff. Boch. & Pittsb.
79% 8314 Pitta. & W. pf. tr. reo..
Do
pref..........
49
Burl. C. Bap. & Nor..
5 0 ie R nsaelær & S a ra ...
Riclimond Terminal.
861* 90
Canadian Pacific.......
Do.
tr. reo___
601* 6418
Canada Southern.......
Do
pref..
Central of N. Jersey.. 1361* 144
301* 3434 Rio Grande Weatern.
Central Pacific___.. .
Do
Dref.
Ches.&0.,Vot.Tr.cert.
2314 2 6 m
60
621* Rome Water & Ogd..
Do
do 1st pref.
41
4 3 1* St. Jos. & Gd. Island.
Do
do 2d pref.
St. L. Alt. & T. H .. .
Chicago <fc Alton____ 1 4 4 147
Do
pref..
Chic. Burl. & Quincy. 1 0 4 % 1 08 %
St.L. &S. F. 1st pref.
*82
Do
rights.. •65
St.
Louis
Southw.......
621* 65
Chic. & East 111........
Do
pref..
9 9 % 1 02 %
Do
pref..
Chic. Mil. & St. Paul.
7 5 78 8 1 % 8t. Paul & Duluth —
Do
pref..
Do
pref.. 1221* 128 7e
Ohic. & Northwest... II.714 1217* St. Paul Minn. & Man.
South Carolina..........
Do
p re f.. 144 145
85
9078 Southern Pacific Co .
Chic. & Bock Island..
46
501* Texas & Pacific........
Chic. St. P. Minn. A O .
Do
pref.. 1141a 1171* Tol. Ann A. & No. M.
69% 731* Toledo & Ohio Cent..
Cl. Cin. Chic. & St. L.
Do
pref..
98
99
Do
pref.
Cleveland & Pitts ... 150 1551* ♦Tol.Peoria & West’n
291* 3 1 % ‘ Toi. St. L. &K. C ...
Col. Hock. VaL&Tol.
* Do
pref..
68 % 7 1
Do p f . subs. pd.
Delaware & Hudson. 137 145% Union Pacific............
Union Pac. D. .<&G ...
Del. Lack. & Western xl5 6 % 166
Wabash............. ........
Den. & Rio Grande...
1778 19
Do
pref..
Do
pref
51i* 54
W arren .....................
Des Moines & Ft. D ..
5%
7
*Dul. S. S. & Atl.......
6
6 % Wheel. &L. Erie........
Do
pref.
* Do
pref.. 14
15
E.Tenn.Ya. & Ga. By.
5%
7% Wisconsin Cent. Co..
E xpress.
Do
1st pref. 45
45
Adams........................
Do
2d pref. 15
20
Evansv. & Terre H .. 124 129% American...................
Flint&Pere Marq’ te.
26
28% United States............
Wells, Fargo <fc Co—
Do
pref.. 80
87
C o a l a n d M in in g .
Great North’n, pref.. 129 142
Green Bay W.& St. P.
10% 11% Colorado Coal & Iron
Houston & Tex.Cent.
3%
4% Col. & Hock. C. & I ..
Illinois Central.......... 104% 107% Consolidation Coal .
Maryland Coal:.........
do leasd. lines 90
91
Iowa C entral...........
11% 13% Minnesota Iron........
Ontario Silver Min..
Do
pref.. 48% 54
Quicksilver Mining..
Keokuk & D. M. p f..
9
14
Do
pref..
Kings. & Pem............
15
15
Lake Erie &West’n ..
25
26% Robinson Mining . . .
Do
pref.. 74% 76% Standard Mining......
Lake Shore................ 125% 140% Tenn. Coal <&Iron ... .
Do
pref.
Long Island...............
99 103
V a r io u s .
Louisville & Nashv..
71% 75%
Louisv.N. Alb.& Ch..
24% 26% *Amer. B’k Note Co..
Am. Cotton Oil Co....
Lou. St. L. & T e x ....
19
24
Do
pref..
Mahoning Coal pref.. 110 112
Manhattan consol.... 112% 121% American Dist. Tel.,
Memphis & Charles..
45
54% '¿ m . Sugar Refin.Co.
‘ Do
pref..
Mexican Central.......
19% 25
Mexican Nat certs..
3%
3% Amer. Tel. & Cable...
Amer. Tob. Co., pref.
Michigan Central.... 107% 117
Minneapolis & St. L ..
8 % 1 0 % Brant-wick Co...........
Chicago Gas Comp’y.
Do
pref..
18
24
Do
rights .
Mo. Kan. & T exas...
15% 18%
Do
pref..........
27% 30% Chic. Junction R y ...
Missouri Pacific........
59% 63% Cit’nb’ Gas of B’klyn
Mobile & Ohio............
38
40
Commercial Cable...
Morris & Essex......... 144% 147% Consolidated Gas Co.
Nash. Chatt. & St. L ..
85
87
Dis. & Cat. Feed. Co.
Edison Gen. Electric.
*Newpt.News&M.V.
12
12
Do
tr. reo.
N. Y. Cent. & Hud. R . 113% 119%
N. Y. Chic. & St. Louis 18 %
21 % Laclede Gas, St. L ...
Do
1st pref.
76
80%
Do
p ref..
Do
2d pref.
39
43% Manhattan Beach...
N. Y. & H arlem ....... 250 253
National Cordage....
N. Y. Lack. & West... 109% 111
Do
pref..
N. Y. Lake Erie & W.
29% 33% ‘ National Lead Trust
Do
pref.
73
77% * National Lead Co...
N. Y. & New England 45% 59
* Do
pref..
N. Y. & Nor. pref___
16% 18
National Linseed OiL
N. Y. N. H. & Hart. 225 230
N. Y. Ont. & W est....
Do
1 st pref .
18% 2 1 %
*N. Y. Pa. & O M o ....
Do
2d pref..
%
%
1
* Do
pref.
1 % North American Co..
N. Y. Susq. & W est...
1 2 % 14% Oregon Improvem’ t..
54% 60
Do
pref..
Pacific Mail...............
Norfolk & Western...
14% 14% ‘ Pipe Line Trust.......
Do
pref..
49
50% ‘ Poemi Tel.-CableCo.
Northern Pacific.......
2 1 % 237r Pullman Palace Car.
60% 68 % Silver bullion certs..
Do
pref..
2 2 % 2 ~% Texas Pac. Land Tr.
OMo & Mississippi...
2 2 % 37% Western Union Tel..
Ohio Southern..........
Oregon Ky.&Nav.Co.
85% 90
R a il r o a d s .
Low. High.
25% 29
19
20 %
13
11
52% 59%
25% 26%
62% 63%
153 154
142 143
42
40
170 171%
10 % 16%
10 % 10 %
59% 78
37
39%
74
70
110% 110%
9%
9
38
33
128 128
77% 79
9
8
18%
16
42% 44%
103% 104%
113 114%
1
37%
10
2%
40%
11%
24
49
84
25%
50
84
20%
21
22
21%
30
44
19%
31%
47%
22%
1 2% 13%
27% 30%
142 142
32% 37%
74
77%
16% 18%
145 147
117 118%
46% 51
144% 146%
32% 37%
15% 16%
28% 28%
27
27
82
78
43% 45
3%
4
16
20
•45
•49
1-30 1-30
43
50%
97% 106
45%
35%
68
60
84%
94
80%
97%
9%
72%
45%
37%
72%
63
101%
997s
82
98 78
13
77%
•01 100
73%
76
101
102%
10 1
102
102
151%
111%
44%
96%
96%
18%
57%
4
91%
105
19
31
81
31
40
155%
113
50%
99%
98%
20 %
57%
4
99%
108%
19%
33%
83%
32
43%
103
13% 16%
24
24
35
37%
52% 60
54
54
189 195
85% 91%
14
15%
87% 89%
* Unlisted.)
RANGE OF GOVERNMENT BONDS IN MARCH.
4%*, 1891,
4s, 1907,
Ireg., exl.'S/'i p.e.
reg.
Opening__ *100
116%
Highest__ ‘ 100
116%
Low est....... *100
116
Closing----- ‘ 100
116%.
4s, 1907,
coup.
117%
117%
117%
117%
5s, e. ’ 98,
reg.
*116
*1 1 0 %
*116
*116
6 s, e. ’99
reg
*118%
*119%
*118
*119
The following highest and lowest prices are from actual
sales at the New York Stock Exchange:
RANGE OF STATE BONDS IN MARCH.
Low.
Alabama Class A ....... 103
Do
Do C ___ 96
Louisa.con ,4s stamp’d 85%
N. Carolina 1919 6 s.. 125
Consol. 4s..............
97%
Spee.taxtr receipts.
5
2%
Bo. Car. non-fund 6 s.
High.
Low. ■High.
103% Tenn. new setti 6 s . .. 107 107
10 1%
95
5 s ................ .
10 1
85%
3 s ............................
69% 70%
125
3s small................... 70
70
98% Virginia 6 s deL bonds.
9
9
5
6 s def. trust rec’pts.
8%
8%
2%
7%
6 s do do stamp’d
7%
The daily posted rates for 60 days and demand sterling
exchange in March are given below.
517
T HF, C H R O N IC L E .
2, 1892 J
Mar.
60
dayt.
1 . . . . 4 86 -%
2 . . . . 4 86 -%
8 . . . . 4 86 %
4 .... 4 8 6 %
5___
6....
7 ..
8 . . ..
9
IO___
I I ....
12 ....
......... S
4 36 ..
-%
4 86 -%
4 86 -%
4 86 -%
4 86 %
4 86 %
De
mand.
4 88%-9
4 88 %
4 88 %
4 88 %
4 88 %
4 88 -%
4 88 -%
4 88 -%
4 88 -%
4 83%
4 88 %
ffiX o a e ta r ff
Mar.
1 3 ...
14...
15...
16...
17...
18...
1 9 ..
20 . .
2 1 ...
2 2 ...
2 3 ...
24 ...
60
day».
De
mand.
........ .8.
4 86 % 4 88 %
4 8 6 % 4 88 %
4 86 % 4 88 %
4 86 % 4 88 %
4 8 6 % 4 88 %
4 86 %
. 4 88 %
......... 8 .
4 86%-7 4 88%-9
4 86%-7 4 88%-9
4 89
4 87
4 89
4 87
1892.
Mar.
60
days.
De
mand.
2 5 ....
2 6 ....
2 7 ....
2 8 ....
2 9 ....
30 ...
3 1 ....
4 87
4 87
......... S.
4 87
4 87
4 87
4 87
4 89
4 89
. . . . aaM
4 89
4 89
4 89
4 89
Open.
High..
Low..
/Last..
4 86 -%
4 87
4 86
4 87
4 88%-9
4 89
4 88
4 89
% n Q lis 1 x j j i w
g
[ F r o m o u r o w n c o r r e s p o n d e n t .]
L o n d o n , Saturday, March 19, 1892.
The money market has been very quiet throughout the
week, the rate o f discount in the open market being 1% per
cent. Both coin and notes continue to flow back from the cir
culation in large amounts. The demand for gold for abroad has
ceased and trade and speculation are d u ll; therefore the sup
ply in the market is very large and the Bank of England is
exceptionally strong. The reserve is not far short of ¥1%
millions sterling, and the coin and bullion considerably exceed
25% millions sterling.
The price of silver has fallen to 41%d. per oz., and the market
is quite lifeless. Although the Indian money market ie
decidedly easier, and the Indian exchanges are much lower,
still the demand for remittances is strong. On Wednesday
the applications for India council bills and telegraphic trans
fers were between five and six times larger than the amount
offered for tender, but the average price obtained only slightly
exceeded Is. 3%d. per rupee.
With the defeat o f the attempt to transfer the business of
Messrs, de Murrieta & Co. to the South American and Mexi
can Trust by the opposition of the Imperial Ottoman Bank,
a new valuation of the assets of the company was under
taken. When debentures of the nominal amount of a
million sterling were created last year, it was arranged that if
the assets at any time fell below two millions sterling—that is,
twice the amount of the debentures—a receiver might be ap
pointed. The result of the new valuation was to show that
the assets had fallen below the amount, and on Wednesday
morning the Debentures’ Corporation, holding a part of the
debentures, applied for the appointment of two receivers and
was supported by the Trustees’ and Executors’ Corporation as
trustee for the debenture holders. As Messrs, de Murrieta did
not oppose, the application was at once granted. The decision
has been welcomed in the city as a great relief. For nearly
two years the affairs of this once great house have been troub
ling the markets. The .members of the fir m made extraord
inary efforts to keep themselves afloat, and they succeeded
for a longer time than the well-informed thought possible.
Fortunately the final result has been fully discounted, and the
public has not been in the least alarmed—the hope, indeed, is
very general now that we shall see a revival of confidence, as
the liquidation of this house ends the acute stage of the crisis
through which we have been passing. Still, the event has
caused a pause in business, as every one desires to see how it
may be regarded by the public at home and abroad before
committing himself to new risks.
The dulness has been accentuated by the coal crisis. About
400.000 men have stopped work, of whom, roughly, about
100.000 are in Durham. The Durham miners are resisting a
demand by the employers for a reduction of wages, and their
strike will probably continue for some time longer. But the
stoppage in the Midland counties is to end to-night, the
Miners’ Federation having decided on Thursday that the ob
ject aimed at has been attained. Further, the failure of
Messrs. Giinzburg—a great Jewish banking firm of St. Peters
burg and Paris—with liabilities amounting to nearly a million
and a half sterling, has depressed the Continental bourses. In
consequence of all this there has been scarcely any business
on the Stock Exchange; but quotations have been well main
tained, except in the inter-bourse department, in which there
is a general fall. Argentine securities, on the other hand,
have risen generally, and though the American market has
been very dull, it has been fairly well supported.
The Union Bank of Australia, Limited, has taken over the
business of the Bank of South Australia Limited ; there is, how
ever, to be no increase in the capital of the Union Bank. In the
middle of last year the Bank of South Australia had to write off
548
TH E
C H R O N IC L E ,
the whole of its reserve fund, to write down the capital by £6
per share, and to apply the whole of its profits for the half-year
to the covering of losses. As the Union Bank is not to increase
its capital it is inferred that the Bank o f South Australia has
in fact nothing to sell, and therefore has to receive nothing.
The announcement helps to relieve the market, as for a consid
erable time fears respecting the Bank of South Australia have
existed.
A t the half-yearly meeting of the Bank of England on
Thursday the Governor, Mr. Lidderdale, repeated the assur
ance so often given by him that, if there are no political
disturbances in Argentina or Uruguay in his opinion the
Baring liquidation will be completed without any loss to the
guarantors. On the 31st of October, 1890, the Baring liabili
ties amounted to about 22 millions sterling. Acceptances and
payments since then raised the total to 30% millions sterling.
On the other hand nearly 23% millions sterling had been
paid"off on the last day of February, reducing the liabilities
to a little over 7 millions sterling, and since then other assets
have been realized to the amount of £400,000. On the last
day of February the liabilities to the public amounted to only
£89,000. By the sales since they have been paid off and the
debt due to the Bank of England has been reduced nearly to
6% millions. As Argentine securities have risen in value and
there is now a freer market, the Governor hopes that the
liquidation will proceed more rapidly in the future. It is
reported, indeed, that since the meeting another sale of a
million sterling has been effected.
The following return shows the position of the Bank of
England, the Bank rate of discount, the pi’ice of consols, & c,t
compared with the last three years :
1892.
1891.
1890.
1889.
March 18. March 19. March 20
£
£
£
£
24,654,420 23,804,210 23,148,475 23.095.250
10,575,235 12,929,774 10,280,204 12,577,062
27,539,971 29,080,213 23,285,787 23,822,181
10,785,121 11,339,231 13,795,615 15,499,861
28,377,555 83,237,592 20,967,729 24,030,666
17,416,619 16,117,085 17,407,049 15,449,320
25,621,039 83,471,295 24,105,524 22,354,570
45%
38 3-16
51%
42%
3
3
4
3
95%
96 11-16
97 1 16
93
142,032.000 153,359,000 165,216,000 161,356,000
March 16.
C ircu la tion ...................................
P u b lic deposits.. .........................
Other d e p o sits .............................
Governm ent securities..............
Other seourltles............................
R e s e r v e ........................................
Coin and bullion...........................
P rop , assets to liabilities, psr ct.
Bank rate................ . ...per ct.
Consols 294 per ce n t....................
Clearing-House returns ............
W h eat..............q rs .
Flour, equal to qrs.
M aise................. qrs.
This week. •Lati week.
2,920,000 2,708,500
535,000
470,000
438,000
376.QQO
1891.
1,946,000
425,000
315,000
1890
2,428,500
315,000
769,000
E n s lls h F in a n c ia l m a rk e ts—Pep Gable.
The daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending April 1:
London.
Sat.
Silver, per ox ...................d
Consols,new, 2 % per cts.
do for account........
Fr’ch rentes (in Parislfr.
D . 8 . 4s of 1907.............
Canadian Pacific............
Chic. Mil. A St. Paul___
Illinois Central...............
Lake Shore.....................
Louisville & Nashville..
Mexican Central 4s.......
N. Y. Central A Hudson.
N. Y. Lake Erie A West’n
do
2 d cons...........
Norfolk A Western, pref.
NorthernPaciflo pref...
Pennsylvania..................
Philadelphia A Reading.
Onion Pacific..................
Wabash pref.................
Mon.
Tues.
Wed.
40716 39
95%
9508
951316 9 5 n ie
96-25
96-4712
121
12 1
39%
9508
9 5 ii 16
96-25
39%
95%
95%
96-57%
903s
79
108%
136%
75%
72%
118%
32%
109%
50%
62%
56%
29%
46%
29%
90%
7808
108%
136
74%
72%
118%
32
109%
50%
63%
56%
29%
46%
28%
90%
78%
108%
136
74%
72%
118%
32
109%
50%
63%
56%
29%
46%
28%
90
78%
107%
135%
74%
72%
1117
30%
109
50%
62%
56%
29%
45%
28%
121
Thurs.
121
39%
96
96%
96-80
Fri.
39%
PfiiT.
90li«
96-92%
121
121
90%
78%
107%
136
74%
72%
117
31%
109
50%
63%
56
29%
45%
28%
90%
78%
107
135%
73%
72%
116%
31
109
50%
62%
56%
28%
45%
29%
©ammcrciitl invi I^isccllauccnts %txos
I m po rts a n d E x p o r t s f o r t h e W e e k . — The following are
the imports at New York for ths week ending (for dry goods )
March 24 and for the week ending (for general tnerchaaii'se)
March 25; also totals since the beginning of the first week in
January.
FOREIGN IMPORTS AT NEW YORK.
For Week.
1889.
Dry Goods.......
Gen’l mer’dise.
1890.
$2,466,983
5,654,345
$2,098,053
6,713,557
3891.
1892,
$2,786,878
8,070,101
$1,933,025
7,715,467
Total..........
$8,121,328
$8,811,610 $10,856,979
$9,648,492
Since Jan. 1.
Dry Goods....... $39,176,027 $42,521,768 $36,620,498 $34,612,294
Gen’l mer’dise.
79,749,750
77,631,506
91,322,022
97,227,264
Total 12 weeks. $118,925,777 $120,153,274 $127,942,520 $131,839,558
The imports of dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statement o f the exports (exclusive %f
ipecie) from the port of New York to foreign ports for the
week ending March 29 and from January 1 to date :
EXPORTS PROM NEW YORK POR THE WEEK.
1889.
*Mareh 13.
Messrs. Pixley & Abell write as follows under date o f Mar. 17:
[ f o u LIV,
For the w eek..
Prev. reported.
1890.
$6.813,504
73,668,643
$5,971,873
77,779,219
1891.
1892.
$8,511,745
74,127,964
$7,078,785
91,043,196
There appears no sign of abatement in the gold demand, and
tn ela ige arrivals recently to hand have all been sold for the Conti Total 12 weeks. $80,482,147 $83,751.092 $82.639.709 $93,121,981
nent. No movements of importance have taken place at the Bank of
The following table shows the exports and imports of specie
-England, and sovereigns, value £85,000, have been received, while
£20,0o0 has been withdrawn. Arrivals: West Indies, £34,000; chili. at the port of Nevr York for the week ending March 23 and
SStPisI0« China and Japan, £124,000; India, £19,000; Buenos Avres since Jan. 1, 1892, and for the corresponding periods in 1831
£38,000; Natal, £37,000; New York, £150,000; total, £404,500.
Silver—With the sale of the silver per “ Liguria,” from Cnili, came a and 1890:
EXPORTS AND IMPORTS OP SPECIE AT NEW YORK.
decline of figA to 41 %d., and since then the market has been quiet and
inactive, and is without change to-day. India has been the chief
Exports.
Imports.
£
Arri val s: New York, £27,000; West Thdies, £23,000; Chili,
Gold.
£89,000; Australia, £4,000; total, £143,000.
’
’
Week.
Since
Jan.
1.
Week.
Since Jan. 1
Mexican Dollars—These coin are now only worth about melting
value, and there has been but little business in them recently. Arrived Great Britain............
$
2
,3
3
7
,9
9
4
$ 2 8 ,7 2 5
per Atrato,” £5,000; New York, £20,000.
$ 6 4 4 ,1 6 4
4 ,1 5 9 ,1 5 1
Germany................ .
3 ,7 8 0 ,0 0 0
’
7 0 9 ,0 0 0
The quotations for bullion are reported as follow s:
West Indies...............
$ 3 8 7 ,4 8 5
5 ,5 1 7 ,6 6 1
2 ,2 2 5
6 4 ,9 6 7
M
exico......................
4
,0
0
0
1 0 ,8 9 4
1
,0
5
0
gold.
SILVER.
1 3 0 ,6 0 0
4 0 3 ,6 0 0
4 7 ,5 0 9
2 0 9 ,6 4 6
London Standard. March 17. Marchio. London Standard. Mar. 17. Mar. 10. South America..........
All ether countries..
2 ,1 1 0
1 1 6 ,6 7 6
s. d.
». d.
d.
d.
Total
1
8
9
2
............
$
5
1
8
,0
8
5
$
1
2
,0
4
3
,2
5
5
$
5
,3
5 9 ,0 5 9
$
6
9
7
,6
5
8
B ar gold, fine. ...o z .
77 10% 77 11
Bar sliv er........... os; 41%
41%
Total 1 8 9 1 ............
8 5 3 ,6 1 8
9 ,4 9 0 ,2 6 3
1 ,4 1 9 ,4 8 0
1 95 ,97 8
B ar gold, contalu’g
Bar silver, contain
Total 1 8 9 0 ............
2 4 ,7 1 0
2 ,0 1 5 ,8 9 5
3 ,2 2 1 ,0 3 9
1 6 6 ,3 8 8
SO dwts. silver. ,o*.
Bpan. doubloons .os .
8. A m .doubloons.os.
77 11%
77 11%
ing 5 grs. gold. .os.
Cake silver..........oz.
Mexican dols...... o z .
44%
40
41%
44%
40%
The following shows the imports of cereal produce into the
United Kingdom during the first twenty-eight weeks of the
season compared with previous seasons:
IMPOSTS.
1891-02.
1890-91.
1889-90.
1888-89
Wheat................. cwt. 39,178,175 29,717,71* 28,715,696 33,770.8*2
Barley......................... 12,618,387 12,673,753 10,018,593 11,953,662
Oats.............................. 7.780,117 7,078,382
7,077,306
8,873,772
Beas............................. 1,799,770 1,076,502
1,035,971
1,165,912
Beans........................... 2,043,342 1,787,456
1,975,110
1,674,939
Indian corn................ 13,754,412 14,432,795 18,502,454 14,353,698
Flour............................. 10,205,08s 8,300,287
9,390,947
8,179,352
Supplies available for consumption (exclusive o f stocks
September 1):
ob
,
_
„ ^
1891-92.
1890-91.
1889-90.
1888-89
unportsofwheat.owt.39,178,175 29,717,718 28,715,696 33 770 892
8,300,287
9.390.94T 8 179*352
Imports of flour........ 10,205,088
Bales o f home-grown.18 ,387,630 22,424,107 28,544,780 20 596 784
......................67,770,893 60,442,112 66,651,423
.
IT ,
1891-92.
1890-91.
1889-90.
Aver, price wheat week.32s. l i d . 33s. 2 d.
29s. l i d .
Average price, season..35s. lOd. 32s. 3d.
30«. Od.
The following shows the quantities o f wheat,
maize afloat to the United Kingdom:
Silver.
Exports.
Week.
Great Britain............
France........................
$ 2 9 9 ,8 7 8
West Indies...............
Mexico........................
South A m erica........
All other countries..
1 8 9 ,9 5 0
Total 1 8 9 3 ............
Total 1 8 9 1 ............
Total 1 8 9 0 ..........
Since Jan. 1.
Imports.
Week.
Since Jan. 1.
695
$ 4 ,5 0 2 ,7 8 0
3 2 6 ,9 1 0
500
4 0 7 ,2 4 9
429
5 0 7 ,5 0 0
1 0 ,4 4 0
$ 6 ,3 5 6
188
4 0 ,1 1 3
595
6 6 ,9 2 3
2 1 ,7 5 5
1 5 3 ,9 6 6
4 ,0 7 9
$ 4 9 0 .5 2 3
7 5 ,1 2 0
8 8 4 ,2 2 3
$ 5 ,7 5 5 ,8 0 8
4 ,4 3 4 ,9 9 4
6 ,3 9 7 ,1 0 4
$ 4 7 ,2 5 2
3 4 ,2 2 5
3 ,6 5 0
$ 3 3 9 ,5 2 3
4 9 7 ,9 7 »
3 6 5 ,6 8 6
$ 9 2 ,8 0 0
Of the above imports for the week in 1892 $7,588 were
American gold coin and $400 American silver coin. Of the
exports during the same time $130,600 were American gold
coin.
—The St. Paul Minneapolis & Manitoba RR. Company call
the attention of holders of the 1st mortgage 7 per cent land
grant gold bonds to the privilege offered them of exchanging
the same, dollar for dollar, for its 4 per cent gold bonds. The
62,547,028 company will pay on first mortgage bonds so exchanged a
1888-89
premium of 5 per cent in cash—the premium at which they
30 s 2 d
may be redeemed under the mortgage. Holders desiring to
3is* 7 d
this exchange will present their bonds in sums of $1,000
flour and make
and multiples thereof at the company’s office in this city.
This offer will remain open till Jan. 1,1893
TH E
A pbil 2 1862. j
C H R O N IC L E .
649”
The movement of breadstuffs to market is indicated in the
statement below, prepared by us from the figures o f the New
York Produce Exchange.
We first give the receipts at
Western lake and river ports, arranged so as to present the
comparative movement for the week ending March 26, 1892,
and since August 1, for each o f the last three years*_________
—'Attention is drawn to the city of Newark (N. J.) Water
Works 4s, due in 1922, offered in the C h r o n ic l e by Messrs,
Marquand & Skehan.______ _______________________________
Barley.
Receipts at— flowr.
Oats.
Ry*.
Wheat.
Oom.
BM*.19«Ib Bush.OOlbr Bush. 66 lb Bush.39 Ibt Bui 5.43 Ih B i. WVi
People's, (B ro o k ly n )____ _ 84
B rooklyn G as-L ight....... . 118 120
Citiaens’ G a s -L ig h t........... 101% 102%' W illia m s b u rg ..................... 125
107
M etropoli oan( B rook ly n ).. 102
Consolidated G a s ... ........ . u ï % 112
M unicipal—B onds, 7s.......
Jersey C ity & H o b o k e n ..
133
Metropolitan—B o n d s ....... n r 111'* F ulton M u n icip a l....... .
B onds, 6 s . . . . . . ................ 102
Mutual (N . V .) ....... .......... 135
145
100 102
B onds, 6 s ....... .................. 106
Nassau (B ro o k ly n )............ 138
S o r ip .............. . . . j............. 100
Milwaukee.
Duluth.......
Minneapolis.
Toledo.......
Detroit.. .
Cleveland....
Bt. Louis...
Peoria.........
Tot.wk. 42
Same wk.’«i
Same wk.’90
Since Aug. 1.
1891-92.....
1890-91......
1889-90....
1,879,310
70,180
1,371,593
91,000
3,400
2,985
6,904
36,946
3,000
419,369
221.300
1,101,170
1,559,320
72.609
75.875
35,016
181,972
26,000
431,200
48,513
15,826
616,975
310,200
4,700
50,243
41,264
217,425
170,00
229,019
185,739
216,437
3,897,622
1,763,038
1,523,587
3,372,234
1.776.228
5,739,155
129.134
46,650
•••»
1,919,325 '
1,610,913
1,414,677
323,645
160,800
49,028
12,200
1,700
38,664
6.5501
51,600
39,600
4,400
••
603
19,615
11,000
625,559
329,201
434,811
97,081
129,018
61,942
8,374,977 179,430.943 87,639,221 73.113,988 27,263 521 13.332,678
7,371,182 84,936,852 63,532,392 64,425,068 23,859,993 3,532.914
< 4,693,621
8,046,596 94,571,799 120,371.292 58,618,80)1 21,340,86•
The export« f rum wue several seaooara ports lor cue
ending March 26 18S2 are shown in the annexed statement:
Exports
from —
Wheat.
Oom.
New York
Boston...
Bu*h.
551,542
136,946
45,473
Bush.
471,895
53,667
Fhiladel.
Baltim’re
207,220
N. Newa..
Rtohm’d .
5 6 ,7 6 0
3 8 9 ,5 0 2
25.638
398,241
815.647
195,349
176,348
Oats.
Bye.
Peas.
Bbls.
77,853
49,451
4,644
Bush.
22,585
25,692
23,733
Bush.
19,873
10,523
Bush.
13,037
10,076
20,663
4,917
108,979
5,492
2,769
905
254,105
72,915
270,349
1,251
Flour.
8,571
32,206
Bid.
G A S C O M P A N IE S .
A sk .1
Bid. A sk
87
109
105 X
134
107
160
Anction Sales—Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction.
By Messrs. R. Y. Harnett & Co.:
Shares.
3 Home Ins. Co...............144
10 Martha Iron Co............)
10 Oil Petroleum c o ..........I ■
20 N. J. Oil Co................ f * 1-0
400 Rosa Clara Lead C o.... j
5 Manufaet’rs’ & B’lders’
Fire Ins. C o ............. 99%
40 Eleventh Ward Bank..281
16 Germania Fire Ins. Co.167
1,000 Col. & East. Coal C o..$300
50 Southern Nat. Bank
(stamped, 4 p. o. due).100
76 Mechanics’ Nat. Bank..189%
100 U. S. Trust Co..................786%
123 Joliet & Chic. RR. Co__ 159%
100 La. & Mo. River RR.gua. 130%
10 La. & Mo. Rlv. RR. pref. 21%
4 La. & Mo. Riv. RR. com. 8%
50 Kans. City St. L. & Chic.
RR. pref........................124%
1,820 North Clear Creek Gold
& Sil.M’gCo.of Col.$10 ea..$3
Bonds.
$8,000 RR. Equip. Co. 6s,
1894, series A ¿2................ 97*%
$1,000 Croton water main
stock of the city o f N. Y.,
1900, 7s, M&N.....................129%
$1,000 Additional new Cro
ton aqueduct stock of the
city of N. Y., 1900,7s,W&N.129
$32,000 Co1. & East. Coal Co.
25
1st 6s, 1909...................
$5,000 Fidelity Loan & Trust
Co. (of Sioux City, la.) 6s,
1899, Series RR A&O........ 90%
$12,000 2d Ave, RR. gen.oon.
5s, 1909, M&N..................... 104*%
$10,0.0 Chic St. L. & N, O.
RR. Co. (Memp. Div.) 1st,
4s, 1951 ...........................r. 92%
$5,000 Staten Island Rapid
Transit RR. 1st, 6s, 1913..113%
By Messrs. Adrian H. Muller & Sons:
Tot.week. 1,387,443 2,136,785
S’me time
1 8 9 1 ... 446,502 572,373
71,173
43,776
37,215
The visible supply of grain, comprising the stocks m granary
at the principal points of accumulation at lake and seaboard
ports, March 26, 1892:
Wheat,
Corn,
Oats,
I n »tore at—
bush.
bush.
bush.
New York.......... . 2,076,000 1,568,000 919,000
....................
Do a floa t.....
101,000
Albany....................................
16,000
43,000
Buffalo................. 1,037,000
43,000
28,000
CMoago............... 9,974,000 2,170,000 892.000
Do
a float.... 1,185,000 1,386,000 165.000
Milwaukee..........
346.000
11,000
9,000
D u lu th ............... 11,233,000
..............................
Do a float....
401,000
............
............
T oled o................. 1,289,000 1,093,000 122,000
Detroit.................
248,000
28,000
42,000
Do afloat.......
303.000
..............................
O s w e g o .............
30,000
..............................
Bt. Louis.............
999,000 2,729,000 171,000
Do afloat...
84,000
140,000
........
Cincinnati..........
7,000
2,000
87,000
Boston.................
247,000
39,000 154.000
Toronto*.............
155,000
............
9,000
Montreal.............
581,000
1,000 394,000
Philadelphia.......
630,000
732,000 449,000
Peoria.................
27,000
278,000
90,000
Indianapolis.......
13,000
22,000
86,000
Kansas City.......
389,000
87,000
12,000
Baltimore. . . . . . .
844,000 1,334,000 172,000
Minneapolis........ 8,788,000
118,000
14,000
On Mississippi...
307,000
357,000
33,000
On canal & river.
..................................................
Tot. Mar. 26.’92.
Tot. Mar. 19,’92
Tot. Mar. 28,’91.
Tot. Mar. 29,’90.
Tot. Mar. 30,’89.
N. ¥. and B rooklyn Gas Securities—Brokers’ Quotations,
G A S C O M P A N IE S .
Bye,
Bar'ey,
bush.
but*..
490.000 114,000
16.000 30,000
5,000
3,000
116.000 142,000
510.000
72,000
142.000
54,000
43.000 160,000
98.000
30.000
.......... .
40,000
............
2,000
25,000
61,000
” 2,000
6.000
............
38,000
135,000
17,000
139,000
87,000
ï i ’ÔÔÔ
ïi',000
9.000
............
6 .0 0 0
............ .
158,000
............
......
4,000
* Toronto—Last week’ s stacks ; this week’s not received
—The card of the Bank of Buffalo will be found in the ad
vertising columns of the C h r o n ic l e . M r. W m. C. Cornwell,
the cashier of this bank, well known as a thoughtful writer
on banking subjects, in a letter to the Chicago Inter-Ocean
makes a strong argument in favor of commercial assets as the
highest form of security for note circulation, and as a good
substitute for Government bonds as a basis for national bank
circulation.
He says: “ The experience of all time declares and proves
that commercial assets, the representatives of these products,
are the highest form of security for note circulation.
“ Notes issued by properly capitalized and inspected banks
to the extent of a proportion (possibly in the future the
whole) of their paid-up capital and made a first lien
upon their assets, have behind them the only true scien
tific basis for circulation in a country like ours—
the basis being the product of the energy, the
muscle and the brain of our people. Trade con
sists in the exchange o f these products. Banks are
the natural facilitators of such exchange. They hold, in
short bills receivable, the paper representatives of the prod
ucts themselves. As by the increase of products trade in
creases, so scientifically and naturally there is provided in an
increase of assets a larger basis for note circulation. The
means, then, to move the crops, that operation which is the
great annual financial gastrodynia of this country, is furnished
by the crops themselves. What better basis for bank notes
can be created than these quick assets?
Bonds.
$10,000 Chesapeake Gas Co.
1st 6s, 1900, J&D...............108%
$9,000 (4ty of N. Y. 5s, con.
reg. stock, red. after 1908,
M&N...............................123 & tnfr
$2,500 N. Y. City «s oonsol.
gld.stk.,reg.’96,M&N. I l l % & int»
$8,000 N Y. C. 6s, bdge.bd8.,
reg. 1905. M&N........ i30*% & int»
$1,000 Brooklyn City 6s, Per
manent Water Loan, reg.
1896, J&J..................11038 & int»
$10,000 Bklyn. City 6s, Per
manent Water Loan, reg.
1899, J&J..................11738 & int.
$5,000 Bklvn. City 6s, Per
manent Water Loan. reg.
1902, J&J..................123 % & int.
$6,000 Bklyn. City Pub. Park
bds , reg. 1924, J& J... 150 & int*
$3,000 State of S. 1\ 6s, cons.
’ 93. J&J, Jan.,’77, coup. on. 2
$800 Balt. & Ohio Southw.
RR. 2d pref., ino. bond....... 28%
$16,000 Balt. & Ohio Southw.
RR. 3d pref. ino. b on d s.... 9
$250 Cent. Gas L. Co. of N.Y.
6s, certificates, M&N....... 101%
$4,000 Brooklyn Heights RR,
1st, 5s, 1941, A&O.............. 9978
$5,OoO Grand River Coal &
Coke Co. 1st, 6s,1919,A&O. 70%
$aixMixg and ffiimncial.
Spencer Trask & Co.,
17,000
41,297,000 12,154,090 2,891,000 1,702,000 1,094,000
41,143,000 12,272,000 3,972,000 1,733,000 1,171,000
22,745,683 2,988,040 2,808,921 471,069 1.328,224
27,114,093 20,204,636 4,537,005 1,405,289 1,351 057
29,439,23116,831,835 7,187,768 1,547,889 1,348,144
Shares.
11 Central Gas L.Co.of N.Y. 86
100 Dona Maria Mining Co.
$10 each............... 10c. per sh.
200 Standard Consold. Min
ing Co.............$1 37% per sh.
100 Bulwer consol, min. .45c.p. sh.
3,065 Jos. Kuntze Brewing
- Co.......................... $10 per sh.
1 N.Y. Law Institute, dated
April 5.1865............. ...$125
50 Nat. Broadway Bank,...277%
100 Phenix Nat. Bank...........127%
50 John B. Stetson Co. 8 per
cent preferred stock__ 98
40 Peter Cooper Fire Ins.Co.133%
50 Mechanics’ Nat B an k.... 187
17 importers’ & Traders*
Nat. Bank...................... 612
45 State Trust Co................. 195
50 Nat. Bank of Commerce. 187%
5 Eppens,S.&WeimannCo.l08%
Bonds.
$14,000 Albemarle & Ches.
Canal Co. 7s, 1909, J & J .... 100%
$9.000 Tex. & N. O. RR. Co.
(Sabine Div.) 1st 6s, 1912,
M&S ............................. .....100%
$10,000 Binghamton St. Ry.
Ist20-yr. 6s, 1910, A&O... 95
$10,000 Col, & Tol. RR. Co. of
Ohio, 1st 30 yr. sink. fd. 7s,
1905, F&A........................... 118%
BAN KERS,
N os. 1 6 a n d 18 B ro a d Street, N ew Y o r k C ity.
2 0 Congress Street, B o sto n .
A L B A N Y N. Y.
PROVIDENCE, R . I.
Direct Private Wire to Each Office.
All «lassas o f Securities Bought and Sold on Commission. Spacial attention
given to INVESTMENT SECURITIES.
LIBERTY NATIONAL BANK,
Central Building, 143 Liberty Street. New Y ark.
CAPITAL,
.
$ 5 0 0 ,0 0 0
ACCOUNTS OF BANKS, BAN KERS AND MERCHANTS SOLICITED.
H ENRY C. TIN K E R President.
H E N R Y GRAVES, Vice-President.
JAM ES CHRISTIE, Cashier.
DIRECTORS.
H EN RY C. TIN KER,
H EN RY GRAVES,
GEO. F. B AK ER ,
J. R. M A XW E L L .
H . O. FAHNESTOCK.
HON. G. A . HOBART*
J. A . G A R L A N D '
E. F. C. YOUNG,
W M . RUNKLE,
DUMONT CLARKE,
JNO. H . STARIN,
THE MERCANTILE NATIONAL BANK
OF T H E C IT Y OF NEW Y O R K ,
No. 101 B roa d w a y.
$ 1 ,0 0 0 ,0 0 9 I Surplus & P rofits, $ 1 ,0 3 9 ,0 0 0
Capital,
W ILLIAM P. ST. JOHN, President. |FR ED ERICK B. SCHENCK, Cashier.
JAM ES V . LO TT, Assistant Cashier.
___________________ACCOUNTS SOLICITED. __________________ |
THIRD NATIONAL BANK
OF T H E
Capital,
-
C IT Y O F N E W Y O R K .
-
-
-
-
$ 1 ,0 0 0 ,0 0 0
JB. W O O D W A R D ................ ...............President.
H EN RY CH APIN , J b . . .......... Cashier I J. FR ED ’ K S W E A S Y ....A sst.C ash ier
| Accounts solicited and careful attention to the interests of Depositors
I guaranteed.
650
TH E
S h e
§ 5 a tih m ’
C H R O N IC LE .
d a * * !!* .
D IVID EN D S.
Name o f Company.
When
Per
Cent. Payable.
Boohs Closed.
(Days inclusive.)
R a ilr o a d s .
to ---------Berkshire (quar.).........................
1% April 1
t o ---------2% April 1
Boston & Providence (quar.)___
t o --------European & North American___
2% April 1
Evansville & Terre Haute iquar.) *5
April 15 Apr. 6 to Apr. 15
to
2
New York A New Eng. (pref.)
3% May
Norfolk & Western pref...............
April
29 Apr. 17 to May 5
1%
— t ò ---------Panama..........................................
2
Mar. 28
— t o ---------Pitts. Ft. W. & C. guar, (quar.)..
1% April 5
— t o ---------Do
do spec. guar, (quar.)
1% April 1
L0 to May 1
2
Rio Gr. Western pref. (quar.)___j 1% May
B a n k s, .
Gallatin National..........................
— to April 5
I } April 6Do
do
(extra)............
April 15 Apr. 8 to Apr. 15
Produce Exchange............... .......
3
M iscellan eou s.
— t o ---------Domestic S. Mach. com. (quar.)..
2ia April 1
— t o ---------1
Do
do
pref. (quar.).
1% May
Joumeay & Burnham pr. (quar.)
2
April 1
* In general mortgage bonds.
W A L L STREET, F R ID A Y , APR IL 1, 1 8 9 2 -5 P. M.
The Money Market and Financial Situation.—There
is much lethargy in W all Street just at present, arid
the Stock, Board lists show sales that look like a midsummer
business. This is not unusual about this time in the spring,
just prior to the opening o f navigation and before the
crop prospects have taken definite shape, but there are this
year one or two important matters pending which have some
influence on the general market—such, for instance, as the
Richmond Terminal plan and, to a less extent, the status of
Reading affairs.
There are very few railroads in default now, and it is re
markable how the dead things have been cleaned up within a
few years past, leaving the railroad situation tolerably free
from the .incubus of overhanging insolvencies and pending
foreclosures. If the Richmond Terminal plan -is successfully
carried through it will remove the principal weak spot among
railroads that'yet threatens our market. The general reduc
tion of first charges in railroad reorganizations, and the issuing
of income bonds or preferred stocks in the place of bonds car
rying, obligatory interest, have done much in the past few
years to render comparatively safe those weaker railroads
whose position was always a menace so long as they were
overloaded with excessive fixed charges.
In the future, what our railroads need is to have enough
freedom from legislative interference to be allowed to earn a
fair return on the capital invested in them. An influential
Southern newspaper, the Atlanta Constitution, in commenthag editorially upon the Central Georgia Railroad litiga
tion, says: “ It is a duty we owe to our State to warn
conservative people that if investments in this kind of prop
erty are to be treated by our legislatures, courts and news
papers as if they had no rights, and are to be administered as
if they were simply contributions to the public, there will be
very soon an end to the matter. Only a few years ago Georgia
was granting State aid to build railroads in this State. This
was sadly abused, and we now confront a condition of State
aid to destroy railroads about as unwisely used as the former
plan. The hero of the day is a man who can trump up any
kind of a suit to embarrass a railroad and put it in the hands
of a receiver. Plenty of briefless barristers will rally around
him and play before the court simply for ‘gate money.’ In
the end Georgia is the loser in all these cases.”
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 1% to 2 per cent,
the average being a little less than 2 p. c. To-day rates on call
were 1% to 2 p. c. Commercial paper is quoted at 3%@4% per
cent.
The Bank of England weekly statement on Thursday showed
an increase in bullion of £211,000, and the percentage of reserve
to liabilities was 40‘45, against 43‘82 last week; the discount
rate remains unchanged at 3 per cent. The Bank of France
shows an increase of 5,266,000 francs in gold and 2,980,000
francs in silver.
“ The New York Clearing-House banks in their statement of
March 26 showed an increase in the reserve held of $760,900
and a surplus over the required reserve of $18,007,425, against
$16,199,700 the previous week.
(V ol .
MV.
Posted rates of leading bankers are as follows:
April 1.
Sixty Days.
Prime hankers’ sterling bills on London..
Prime com mercial...... ............................ .
Documentary commercial........ '................
Paris bankers (francs)............. .............. .
Amsterdam (guilders) bankers..................
Frankfort or Bremen (reichmarks)b’nker8
4 87
Demand.
4 89
4 85%®4 85%
4 85’4®4 85ia
5 1818®5 171« 5 16%®5 158«
401*16 ® 40% 40*8® 4017-ia
95%®953a
95i3®9538
The following were the rates of domestic exchange on New
York at the undermentioned cities to-day: Savannah, buying,
par ; selling % premium; Charleston, buying par, selling %
premium; New Orleans, bank, $1 50 per $1,000 premium;
commercial, 50c. premium ; St. Louis, 25c. per $1,000
premium; Chicago, 25c. per $1,000 discount.
United States Bonds.—Quotations are as follow s:
Interest Mar.
Periods 26.
Mar.
28.
Mar.
29.
Mar.
30.
2 s ,...................... reg. Q.-Mch. *100 *100 *100 *100
4s, 19 0 7... ........ reg. Q .-Jan. *115% *115% *115% 116%
is , 1907...........coup. Q.-Jan. *116% *117 *116% 117%
6s, cur’cy,’ 95___reg. J. & J. *109 *109 *109 *109
6s, cur’cy,’ 96___reg. J. & J. *111 *111 *111 *111
6s, cur’cy,’97___reg. J. & J. *113 *113 *113 *113
6s, cur’cy,’ 98___reg. J. * J. *116 *116 *116 *116
6s, cur’cy,’ 99___reg. J. & J. *119 *119 *119 *119
*TMsis the price bid at the morning board : no sale was
Mar.
31.
April
*100
*116
*117%
*109
*111
*113
*116
*119
man*.
*100
*116
116%
*109
*111
*113
*116
*119
Government Purchases of Silver.—The Government pur
chases of silver the past week are shown by the following
statement, there having been no purchases until Friday.
Ounces
offered.
Previously reported............
March 28............. ...............
“
30...............................
April 1..............."i..............
*Local purchases................
455,000
Ounces
purchased.
Price paid.
$ ........
$ ........
$ ........
325,000 $0-8750
$ ........
®
@
®
®
®
$ ......
$ ........
$ .........
$0-8758
$ .........
*Total In month to date.. 455,000
325,000 $0-8750 ® $0-8758
*The local purchases of each weeh are not reported till Monday o f
the following week.
State and R ailroad Bonds.—State bonds are very dull, and
the only sales at the Board include $19,000 Tenri. settlt. 5s at
101-101% ; $6,000 settlt. 33 at 70 ; $5,000 Ya. defd. tr. recpts.,
stmpd.f at 7%.
Railroad bonds have been comparatively dull in the general
list, and the only special activity has bean in the Richmond^
Terminal 5s, which sold pretty freely at declining prices down
to 58% this morning and closing at 57%. The Trust receipts
for both 6s and 5s have been listed at the Stock Exchange,
bat have not yet sold. The various April bonds are selling
to-day ex-coupon, and their real values are now better shown
in the quotations—thus Tenn. Coal 6s at 92, Louis. New
Albany & Chicago 6s at 99%, Oregon Improvement consol.
5s at 67%, Chicago & Northern Pacific 5s at 77, and
other April bonds similarly at their actual values, ex-interest.
Atchison incomes have been more active this wees at lower
prices and close to-day at 58. Reading incomes have had a
moderate business with prices very fairly maintained until to
day, when they were weaker ; the company is proceeding as
if its new leases were to be sustained, and the change of Le
high Valley terminals in New York is one of the latest pro
ceedings in the way of improving facilities and cutting down
expenses. The bonds and stock are also supported by the
good reports of earnings to date.
Railroad and Miscellaneous Stocks.—The stock market
has been very dull, with few points of general interest, and
having to-day a decidedly weak tone. This period of the year is
always one of uncertainty as to the coming season, but from
this time forward the condition of growing crops here and
abroad will have much to do with the course of the stock
market. It is known that the quantity of wheat and corn in
farmers’ hands is yet large, and the earnings of some of those
railroads which depend much upon the traffic in these cereals
are showing well—the Burlington & Quincy and the St. Paul
being prominent in this class. There seems to be promise of
a good general business this spring, particularly in those
quarters of the West which have had good profits out of the
crops of 1891; but in the South it is known that trade is very
dull owing to the depression in cotton, which yet remains near
its lowest figures. The traffic in fertilizers on the railroads is
notably curtailed.
The movements in particular stocks have had less controll
ing influence than usual, and the feeling has been rather
1892.
Differen’sfrom
1891.
1890.
apathetic and weak throughout, ending to-day with a marked
March 26.
Prev. week.
March 28.
March 29.
decline in New England to 41% under free sales and rumors
$
$
$
$
60,910,100 60,862,700 of aggressive action by the N. Y. New Haven & Hartford,
Capital................. 60,372,700
Surplus................ 66,704,400
63.351.600 57,868,600 though it is always difficult to account for the movements of
Loans and disc’ts 490,435,300 Dec.4,224,400 410.493.200 404,577,600 this erratic stock. Reading sold off 1% points and closed at
5,600,300 I n c .
35,900
3.662,300 54%. Atchison has sold off about 3 points this week, and
Circulation.........
3,501,100
Net deposits........ 530.120.700 Dec.4,187,300 415,464,600 412,033,000
Specie. ................ 101.218.700 Inc. 1,477,500 77.736.600 83,004,000 no doubt the stock and incomes will now depend much on the
Legal tenders... . 49,818,900 Dec. 716,600 34.571.600 24,335,900 net earnings reported each month, and the February state
Reserve held___ 150,537,600 In c. 760,900 112.308.200 107,339,900 ment is looked for. Richmond Terminal is about steady at
Legal reserve___ 132,530,175 Dec. 1,046,825 103,866,150 103,008,250 10%, and the Trust receipts have been listed on the Stock
Exchange; there were on Thursday entirely false reports of
Surplus reserve 18,007,425|lnc .1,807,725
8,442,050
4,331,650
dissension, apparently circulated to prejudice the standing of
Foreign Fxchange.—The market for sterling exchange has the securities.
been very dull throughout the week, but with a firm tone and
Sugar has been comparatively active, but the terms of pur
very little change in actual quotations. Actual rates for ex chase of the Philadelphia concerns have not yet been officially
change are: Bankers’ sixty days sterling, 4 86% (§4 86%; de announced. Silver bullion certificates, after declining, are a.
mand, 4 87%@4 88%; cables, 4 88%@4 88%.
1 trifle better at 87%.
TH E
A pril 2,1892. J
551
C H R O N IC L E .
NEW YORK STOCK EXCHANGE—A C T IV E STOCKS for week ending •APRIL 1, and since JAN. 1, 1892.
HIGHEST AND LOWEST PRICES
STOCKS.
Saturday,
March 26.
Monday,
March 28.
Tuesday, Wednesday, Thursday,
March 29. March 30.
March 31.
Friday,
April 1.
Sales
of the
Week,
Shares.
Range of sales in 1892.
Lowest.
Highest
A c t iv e R R , S t o c k s .
35% 36% 70,038 35% Apr 1 46% Jan. 4
36% 37
36% 37
37
38
37% 3814 37% 38
Atchison Top. & Santa Fe—
4% Feb. 19 5% Jan. 2
*4% 4%
*4% 4%
75
4% 4%
*4% 4%
*4% 4%
*4% 4%
Atlantic & Pacific..................
9838 1,550 95% Mar. 4) 101% Mar. 12
98
98%
98%
97%
97%
98
98
98% 99
99
99
86%
Mar. 22 94% Jan. 12
Baltimore & Ohio................ ^
*88
88%
89
600
88 % *88
88% 88% 8 8 % 883s *88
*88
89
Canadian Pacific................
60%
60% 60% 60
7,035 58% Jan. 19 64% Mar. 5
61% 61% 61% 60% 61% 60% 61
Canada Southern.................... 61
111%
Jan. 19 145 Feb. 29
136%
136%
138 138
3,980
136% 139
138%139
Central of New Jersey............ 140 140% 138% 139
31
300 30% Mar. 21 35 Jan. 4
30% 30% *30% 31% *30
*30% ........ *30% ___
23
Apr.
1 28 Jan. 14
Central Pacific........................ *30%
23
23%
5,322
23% 23% 23% 23%
24% 23% 24
Chesapeake & O., vot. tr. cert. 24% 245s 24
60
,60
60
60
623 59 Jan. 9 64% Jan. 10
60
60
60
60
*59
62
*60
62
43% Feb. 17
38%
Jan.
9
Do do
1st pref—
40%
41%
1,292
41
41% *41 ........ *41% 42%
42% 41% 42
D o do
2d pref........ *42
146 146 *147 L50
130 139 Feb. 4 146% Mar. 7
145 150
146 146 *145 148
110%
Jan. 28
Chicago & A lto n ..................... ‘146 148
107% 1083s 107% 108% 34,438 103% Feb. 24
107
106% 107% 106% 108
Chicago Burlington & Quincy. 1065s 107% 1065s
100 62% Mar. 28 70 Jan. 2
62% 62% *62 ........ *62% ........ *6 2 % ........ *62%
104
Feb. 11
Chicago & Eastern Illinois— *62% . ...
98
98
21 98 Jan. 20
1 0 0 1 0 0 % ......... 100
......... 100
Do
pref. *............... 100 ‘ .............. 100
7578 76% 1.02,199 75% Mar. 30 83% Jan. 7
765s 77% 75% 76% 763s 77
76%
77%
76%
77%
128%
Mar.
5
Chicago Milwaukee & St. Paul.
122% 122%
4,065 120% Jan. 19
123% 123% 124 124% 123 123% 122% 123
121% Mar. 5
Do
pref. 124 124
119% 120% 119% 119% 1193a 119% 118% 119% 18,302 114% Jan. 19 145%
1193a
1
2
0
%
119%
120
Jan. 28
Chicago & Northwestern.......
142 142
79 141% Jan. 12
143% 143% 142 142
Do
pref. 142 142
85% 55,811 85 Mar. 30 94% Jan. 7
85% 86% 85
86
86% 87% 855a 8634 85
Chicago Rock Island &Pacific. x87% 88% ‘ 46
44 Jan. 19 50% Jan. 29
46
46%
47
47
4,120
46
47%
46%
46%
46%
Chicago St. Paul Minn. & Om. 46% 46% ‘114 118 *114 118
108% Jan. 20 117% Mar. 5
114 118 *114 L17
115 118
Do
pref. *114 117
4,400 69% Apr. 1 75 Jan. 7
70% 69% 70% 69% 69% 69% 69%
70% 70
Cleve. Cincin. Chic. & St. L ... 70% 70% 70
98
98
155 95 Jan. 15 99 Mar. 7
98
98
99
99
Do
pref.
30% 29% 29%
1,630 29% Jan. 19 33% Feb. 18
29% 29% 30
295s 29% 29% 30
Columbus Hocking Yal. & Tol. 29% 29% 141
145% Mar. 1
13938
140
4,792 122% Jan.
140 140% 139% 141% 139% 141
141
Feb. 29
Delaware & Hudson............... 142 142% 158 1593a
158% 158% 157% 159 xl563sl57% 155% 156% 12,290 138% Jan. 19 167%
19% Jan. 2
Delaware Lackawanna &West 159 159
16%
Feb.
4
*17
18
.
200
*17% 18% 17% 18
*17% 18
18
18
54 Mar. 9
Denver & Rio Grande ...
45
Jan.
8
51%
52%
52%
52%
6,138
52
52%
52%
53
53
Do
pref. 5278 52% 52%
5% Mar. 31 9% Jan. 7
5%
5%
5% 5%
1,120
5% 5%
*5% 6
5%
6
6
6
East Tennessee Va. & Ga
40 Mar. 24 51% Jan. 11
*35
45
*35
45
*40
*40
50
50
*40
50
50
Do
1st pref. *40
14%
Jan. 2 20 Feb. 29
*14
16
*14
16
315
13
*14% 15% 13
15
15
15% 15
Do
2d pref.
1,100 x ll9 % Jan.15 129% Mar. 10
128 128% 127% 127% 127% 127% *125 130
127% 128
Evansville & Terre H au te.... 127 127
134 134% *134%136
1,340 119 Jan. 22 142 Mar. 17
133 137
131 132
130 131
132 135
Great Northern, pref......
835 104 Apr. 1 110 Jan. 5
104% 104% 104% 104% 104 104
105 105
105
105
105%106
Illinois Central................
12
700 11% Mar. 28 15% Jan. 4
11 % 11 % 11% 11% * 11 % 11 % * 11% 11 % *11
*11% -12%
Iowa Central...................
*44
47
*45
48
120 46 Jan. 2 56% Feb. 13
48
49 % 48% 48% *45
49% *48
Do
pref. *48
25%
25
4,300 2Q% Jan. 19 27 Feb. 25
25% 26% 253s 25% *25% 26
25% 25% 26
25
Lake Erie & W estern__
75
75%
75%
75%
2,135 69% Jan. 5 78% Feb. 19
75
75% 75% 75%
*74% 75
Do
pref. *74% 76
132% 132% 130% 1323s 19,810 120 Jan. 19 140% Mar. 5
133% 132%133
Lake Shore & Mich. Southern 132 133% 132% 1333s 132%
*101%
103
210 95 Jan. 18 103 Mar. 7
101% 101 % 102 102
101 103
101% 103
84% Jan. 2
Long Island.............................
72% 71% 72% 71% 72% 71% 723s 70,206 71% Apr. 1 31
73% 74% 71»4 7338 72
Jan. 7
Louisville & N ashville...___
24
24%
2,500 24 Apr. 1
24% 24% 24% 25% 24% 24% 24% 24% 243s 24% 119 120%
Louisv. New Alb. & Chicago..
121% Mar. 31
104
Jan.
2
119
12138
27,996
115%
119%
1143s
118
114
1145s
Manhattan Elevated, consol.. 113 114%
116
Mar. 7
104
Jan.
20
110
n
o
228
109% 109% 108% 108% ‘ 109 111
Michigan Central..................... 110 111 ‘1 1 0 111
92% Jan. 6 94 Feb. 1
*94
*94 .......
*94 ...
*94
94 ___
135
Jan. 28
Milwaukee Lake Sh. & West.. *94
128%
Feb.
24
*130
‘ 130 .......
130 ...
130
130
Do
pref. 130
8 Feb. 25 10% Jan. 7
10% 1 0 %
11
400
*10
10 % *10
11
10% 10% 10% 1034 *10
Minneapolis & St. Louis........
24
Jan.
7
18
Mar.
5
*21%
23
500
22
2 2 % *21% 24
*22
24
Do
pref. 23% 23% *22% 24
16% 16% *15% 16%
260 15% Mar. 29 20% Jan. 13
15% 15% *15% 16
17
*16% 17% *16
Missouri Kansas & Texas —
33%
Jan.
13
27% 2734
1.649 27% Apr. 1
27% 27% 27% 28
28
28
28
Do
pref. 28% 28% 28
58% 59% 34,690 58% Apr. 1 65% Jan. 4
60% 61% 60% 61% 59% 6158 59% 60%
Missouri Pacific.......................
37% 37%
905 34% Jan. 27 42% Jan. 2
38
38
38%
38%
*38%
39
38%
38%
39
39
Mobile &Ohio..........................
*85
89
89
100 85 Mar. 29 90 Jan. 14
*85
*85
89
85'
85
*85
87
88
’ Nashv. Chattanooga&St.Louis *85
4,707 112% Jan. 19 119% Mar. 5
1143g L14%: 1141 113% 114
New York Central & Hudson. 115 115% 115% 115% 11438 114% 113%
18% Mar. 31 22% Jan.
18%
18%
18%'
1.650
18 77
18% 18% 18% 18%
New York Chic. & St. Louis .. *18% 19% 18% 19
75 Feb. 5 81% Jan.
*73
*73
77
*73
77
*74
77
77
77
Do
1st pref. *73
38 Apr. 1 45 Jan.
38
38
39
400
39% 39% 39
40
40
41
41% *40
Do
2d pref. *40
29% Apr. 1 34% Jan.
30%
29%
303s
30%
98,765
29%
30%
3130
30%
31%
31%
New York Lake Erie & West’n 31% 32
72%
73%
73
73
2,679 70% Jan. 19 77% Mar.
73
74
74
73% 73% 73
74
Do
pref. 74
59 Mar.
45% 47% 4 l 78 45% 178,422 41% Apr. 1 230
48
47% 493s 47
50
New York & New England.... 49% 50% 49
Mar. 30
*230
34 224 Jan. 15
231
230 230
¡28 228 *228
New York New Hav. & Hart. ‘227 230
7,895 18% Feb. 5 23% Feb. U
18% 18% 18% 19% 18% 19
New York Ontario & Western 19% 19% 19% 19% 18% 19% 12
14%
Feb
15
10%
Jan.
4
12%
12%
1,986
% 12 %
13
13
13
■New York Susquekan. &West. *1234 13% 13
57% 57%
59
555 41% Jan. 2 60 Mar. 14
*58
*57% 59
58
58
58
Do
pref. 57% 57% 58
18
Jan.
4
14%
Feb.
25
*14%
14%
*14% 14% *14% 15
Norfolk & Western.................. ‘ 14% 14% ‘ 14% 1434 *14% 15
49%
*49
"2 7 5 49 Feb. 1 56 Jan. 4
*48% 49%
49
49
‘49
50
50
Do
pref. *49
26%
Jan.
2
21%
Mar.
25
22
22
3,796
22
2238 21 % 22
215s 22% 21% 21% 22
Northern Pacific.....................
60% Mar. 26 72% Jan. 2
60% 61%
Do
pref. 60% 613s 60% 62% 60% 62% 60% 613s 61
24 Jan. 5
21
Feb.
11
*21% 23
* 20 %
Ohio & Mississippi................
40
*35
1,500 19 Jan. 12 37% Mar. 23
32% 33%
33
*31
32
31
30
30
Ohio Southern.......................
88% 88%
168 85 Jan. 20 91% Jan. 28
88
85% 85% *85
87
87
89
‘
85
*85
89
Oregon R’y & Navigation Co
308 25% Mar. 28 33% Jan. 4
Oregon 8h. Line&Utah North 263s 263? 25% 25% 2578 25 % *23% 26% *18% 19
18% 18%
510 18% Apr. 1 22% Jan. 4
19
19
Peoria Decatur & Evansville, *19% 20% 19% 19% *19% 20
38 Jan. 19 65 Feb. H
56%
54%
58,910
56
577
57% 56% 58
Phila. &Read„ vot. trust, cert. 57% 58% 57% 58% 57
25%
325 25% Mar. 26 30% Jan. 5
251 *23
25 • 25% 25% 25% 25% *23
Pittsburg Cinn. Chic. & St. L. 25% 25% 25
60 Apr. 1 67% Jan. 5
60
61%
242
62%
*60% 62
62
*61
Do
pref. *61% 64% 62% 63
39% Jan. 4 43 Jan. 7
*38% 41
41
*39
*39
41
*39
40
38
39
Pitts. & W est, pref. tr. certs.
10% Mar. 28 17% Feb. 12
11
10%
78,390
1034 11
1 0 % 113s
10% 11% 11% 12
12%
Richmond &WestP’t Terminal 11
60% 62
9,214 59% Mar. 30 79 Feb. 16
60% 62
59% 62
60
63% 60 34 64
Do
fl pref. 60% 65
37 Mar. 2 41 Jan. 5
Rio Grande Western...............
iö<j| 68 Feb. 26 74 Mar. 11
72% 72%
Do
pref.
5 110 Jan. 19 112% Jan. 4
111 % 111 % '110% 111
1 10 111
1 1 0 1 1 1 % 110 % 111
Rome Watertown &Ogdensb. 110 % 111
11% Jan.
7% 7%
1,410 7% Apr.
*8
8
8
*8
9
8%
8%
8%
8
8t. Louis Southwestern........
15%
16%
830
16 Mar. 30 22% Jan.
16%
16% *16
*16% 17% 16
17
Do
pref. *17% 17% 17
48% Jan.
■42%
43
915
42
Mar.
26
*42%
43
42%
42%
42
42% 42% 42% 42% 42%
St. Paul & Duluth................. .
105
1 5 2 103 Jan. 19 106% Feb.
104 104% ‘ 103 105 ‘104
Do
pref, 103 104% *103 104% 103 104% %12
112
113
530 112 Feb. 25 116% Jan.
112 112
113
112 % 112%
St. Paul Minn. & Manitoba.., 113 113% 113 113
37% 2,510 37% Mar. 21 41% Jan.
3738 375s 373a 373g 37% 37% 37% 37% 37% 37% 37%
Southern Pacific Co’. .............
805 9% Feb. 10 14% Jan.
10 % 10 % 10% 10%
1 0% 10%
* 10 % 10 %
10
10
10 % 10 %
Texas & Pacific.....................
277a Feb.
23
850 23 Apr.
24% 23
24
24% *23% 24% *23
25
24% 24% *24
Toledo Ann Arbor & N. Mich
*48
52
„I 46 Jan. 28 52% Feb. 13
52
*49
*49
52
*48
52
*49
52
52
Toledo & Ohio Central.......... . *49
*80
85
j 83 Jan. 12 88 Feb. H
86
*83
*83
86
*83
86
86
*83
86
Do
pref *83
44% 43% 44%' 21,462 43% Apr. 1 50% Jan.
45% 44% 45% 44% 44% 44
455a 45% 45
Union P acific.........................
20 I
950 19% Mar. 31 25 Jan.
19% 19% *19
19% 20
21
20 % *20
20 % 20 % 20
Union Pacific Denver & Gulf
1,381 11% Apr. 1 15% Jan.
12 % ; 11% 12
12 % 12 % -1 2
12% 12% 1238 12 %
Wabash..................................... *12% 13
26% 27% 10,570 26% Apr. 1 33% Jan.
Do
pref. 28% 28% 27% 28% 27% 28% 27% 27% 27% 27%'
4,100 32% Mar. 19 40% Jan.
33% 32% 33%
Wheeling & Lake Erie............ 33% 33% 333s 33% 33% 33%! 33% 33% 32%
1,893 73% Apr. 1 80% Jan.
74% 73% 74%
75% 7 4 58 753g 74% 74% 74% 74% 74
Do
pref. 75
16%
16%
400 16% Mar. 29 21% Jan.
16% 16%
17
Wisconsin Central Co............. *16% 17% *16% 17% 16% 16% *16
m is c e lla n e o u s S t o c k s .
32% Jan. 19 37% Mar. 14
5,581
36% 37%
36% 365g 36% 36% 36% 36% 36% 36% 36% 37%, 72
American Cotton Oil Co........
3,704 63% Jan. 19 73 Apr. 1
73
71% 71% 72%
71
713a 71
71
71% 71% 71
Do
pref.
78% Jan. 19 101% Mar. 23
92%
95%
108,783
97% 100% 98% 99% 97% 98% 96% 98% 95% 98% 95
Am. Sugar Ref. C o ..................
96%
4,449 90 Jan. 19 99% Mar. 23
97%
98% 98% 97% 98% 97% 98% 97% 97% 97
Do
pref.
Feb. 12
75% 75% 75% 74% 75% 17,515 71% Jan. 2 81%
75% 75% 76% 75
Chicago Gas Co., trust rec’ts. 75% 763s 75
30% 32%
4.245 30% Apr. 1 39% Jan. 11
35% 35% 35% 35% 32% 35% 32% 33% 33% 33% 111
Colorado Coal & Iron. ..........
114%
Feb. 6
102
Jan.
15
111%
1,340
111% 111% l l t % 111% 111 111 %
Consolidated Gas Co............... 1113s 111 % 111 112
47
48 I 30,507 44% Mar. 9 67% Jan. 7
50% 48% 49% 47% 48% 47% 47% 47% 48% *96%
Distilling & Cattle Feed’g Co. 49
104
Fet> 5
88%
Jan.
15
98
.........
98
*97% 98% *97% 98% *97
*97% 99
Edison General Electrio........ *97% 99
98% 99% 97% 98% 26,091 92% Feb. 13 99% Jan. 7
98% 99% 98% 98% 98% 993s 98% 985|
National Cordage C o .............
114%
Feb. 3
100
Jan.
4
107% 108% 108 108 I 2,901
Do
pref. 107% 108% 108 108% 108 108% 107 108
923 30% Mar. 24 39 Jan. 4
31% 31% 32% 31% 32% 32% 32%|
31% 31% 31% 31% 31
National Lead Co....................
86%
Feb.
11
797 81 Mar. 24
81
81% 81% 82% 81% 81%!
82
Do
pref. 82% 82% 81% 81% 81
14% 13% 14% 5,385 13% Mar. 24 1878 Jan. 4
14% 13% 14% 14
1438 14% 14
14% 14
North American Co................
29%
Jan.
4
24 Mar. 25
*23
27
*23
27
*23
26
26
*23
*23
27
Oregon Improvement C o ....... *23% 26
35%! 3,290 35 Mar. 28 40% Jan. 4
*35
35% 35
35
35% 35
35% 35
35% 35% 35
Pacific M a il.............................
56% 56% 438,000 52% Mar. 24 64% Jan. 12
55
55% 54% 55% 55
54% 55% 55
55
56
Pipe Line Certificates § ..........
531 184 Jan. 4 195 Mar. 22
193 193 ‘ 191 195 I
192 192 *191 194
Pullman Palace Car Co.......... 192 192% 193 193
87% 87% 460,000 85% Mar. 28 95% Jan. 4
86
%
86
%
86
%
8
6
%
85%
85%
85% 87% 85% 86
Silver Bullion Certificates__
44% 44%; 8,030 40% Jan. 19 50% Mar. 10
45% 46% 44% 46% 43% 44*a 44% 45% 44% 45
Tennessee Coal & I r o n ..........
92 Feb. 23 106 Mar. 15
110
Do
pref. *104 110 *104 110 *104 110 *104 110 ‘ 104; 1 1 0 *104
87%
9,548 82 Jan. 19). 89% Mar. 17
87% 87% 87% 87% 87
87% 87% 87% 87% 87% 88
Western Union Telegraph —
rThese are the prices bid and asked; no sale made
§ Prices from both Exchanges, x E x dividend.
552
TH E
C H R O N IC LE ,
(V
NEW YORK STOCK EXCHANGE PRICES (Continue»!^ -IN A C T IV E STOCKS.
April 1.
I n a c t iv e S t o c k s
HIndicates unlisted.
Bid.
Ask.
Range (sales) in 1891.
Highest.
Lowest.
April 1.
I n a c t iv e S t o c k s .
ITIndicates unlisted.
Bid.
Ask.
SECURITIES.
165 185
Special tax, Class 1.............
3
1
7
Consolidated 4 a.................. 1910 97
105
6 s....................................
1910 120
85% 87% Rhode Island—6 s, cou „Ì893--1894 103
104 .......d South Carolina- 6 s, non-fund.1888
2
New York City Bank Statement for the week ending March
26.1892, is as follows. We omit two ciphers(00) in all cases.
Capital. Surplus
Bank o f N ew Y o r k ...
Manhattan Co........
Merchants’ ..................
M echanics’................
A m erica........................
Phenix..........................
C ity..............................
Tradesm en’s ...............
Chem ical.......................
Merchants’ Exchange
Gallatin N ational.. ..
B utchers’ & D rovers’ .
M echanics’ & Traders
G reenwich....................
Leatnei M anufact’rs.
Seventh N ational.......
State o f N ew Y o r k ....
Am erican E xch an geC o m m e r c e .............
B roadw ay,....... ............
M erca n tile...................
P a c i fi c ........................
R ep u b lic.......................
C h a th a m ....................
Peoples’ ........................
N orth A m erica............
H a n o v e r .....................
L iving..........................
Citizens’ . . . . ............
N a s s a u ... ... ._____. . .
M arket & F u lton .......
S t. N icholas.................
S hoe & Leather...........
Corn E xchange...........
Continental...............
O rien ta l....................
Im porters’ & Traders’
P ark............................ .
B ast R iv e r .... . . . . . .
Fourth N a tio n a l......
Central N ational......
Second N ational.........
N inth N ational...........
F irst National........ .
Third N ational..........
N . Y. N at’l Exchange
B o w e ry .........................
N ew Y ork C o u n ty ....
Germ an-A m erican. . . .
Chase N ational...........
F ifth A ven u e..............
German E x ch a n g e ....
G erm ania..___ _____
U nited States..............
L in c o ln ......................
G arfield.......... . . . . . . . . 1
F ifth N a tion a l..___ I*
Bank o f the M etrop ...
W est S id e ..................
Seaboard......................
Sixth N ational.___ .. .
W estern N ational___
•trat National.B’kiyri
Southern N ational....
T t s a l...,
2 , 000,0
2.050.0
2,000,0
2,000,0
3.000.
1 000 0
1 000,0
750.0
300.0
600.0
1 , 000,0
300.0
400.0
200.0
600,0
300.0
1.200.0
5.000.
5.000.
., .
. .
1 000
1, 000,0
422,7
1.500.0
450.0
200.0
700.0
1 000,0
500.0
600.0
500.0
750.0
500.0
600.0
1,000,0
1,000.0
300.0
1.600.0
2,000,0
250.0
3.200.0
2 , 000,0
300.0
750.0
500.0
1.000.
300.0
250.0
200.G
750.0
500.0
100.0
200,0
,
Bid.
9
1.933.0
1.647.4
976.2
1.948.6
2.101.7
0
461.7
2,530,9
184.1
6.723.7
139.3
1.561.5
303.2
421.2
167.0
548,9
68,3
506.4
2.213.3
0
3,437,2
0
1.643.5
0
1.035.0
438.5
950.1
IS!
684.7
l’l ì ì i
440.1
264.1
781.0
119.8
246.5
1.229.4
277.6
414.0
6.416.8
M û :!
1.747.6
520.2
434.5
180.9
7.066.6
57,5
C
153.8
501.0
570.6
283.5
1.033.5
890.1
569.2
515.7
664.8
400,0
406.2
314.8
665.6
257,4
189.2
344.8
170.6
785.9
Loans.
Specie.
*$
9
15.310.0
10.581.0
7.703.2
10 .022.0
17.691.5
6.051.0
15,396,9
2,600,0
4.853.0
1.538.8
1.665.0
2.602.9
630.0
4.289.6
569.0
6.540.6
3.914.3
499.3
6,162.8 1, 121,2
1.815.0
279.9
2.405.0
260.0
1.157.0
190.4
3.340.1
836.9
1.554.7
356.5
3.308.3
239.4
18 , 872.0 2.806.0
21.258.6 2.089.5
6.710.8 1,215,4
9.626.6 1.977.9
2.793.2
261.5
13,943,2 1,806,2
6.431.2 1,036,3
2.218.6
308.7
5.347.4
901.0
18.393.7 5.242.2
3.171.0
496.9
2.987.2
645.4
3.102.1
186.8
4.259.4
723.0
2.199.8
116.3
3.150.0
399.0
8.608.3 2,048,1
5.658.8 1.580.6
2.190.0
133.1
28,129.0 6.846.0
28.037.8 7.661.3
1.138.4
225.5
22,919,7 5.499.7
8.703.0 2.485.0
5.134.0 1.268.0
812.6
5,837,1
4.978.7
569.3
1.552.7
173.6
2.843.0
628,0
2.915.3
910.0
2.952.0
447.2
15,209,4 3,631.0
6.370.9 1.283.7
2.873.3
190.0
2.941.9
391.7
is t i
Legai». Deposits.
9
1.500.0
1.106.0
1.253.2
645.0
2,080,8
971.0
1.130.0
164.7
2.987.7
782.4
618.0
192.9
280,0
112.5
220.7
76,4
427.6
2.059.0
2.143.7
238.8
1.138.8
622.8
2.401.7
1.190.4
360.4
496.3
1.206.9
340.9
227.8
453.6
408.3
372.5
690.0
226.0
192.5
310.7
2.818.0
2.382.5
100.8
1.500.3
9
15.700.0
13.860.0
8,554;8
8.963.0
18,427.9
6.114.0
17.680.7
3.143.3
26.919.0
4,712,6
5.770.3
1,856,9
2.410.0
1.124.5
3.206.6
1.640.2
2.671.1
16.742.0
16.754.3
5.024.2
10.848.8
3.307.8
16.106.8
7.281.9
3.038.2
5.811.3
21.289.8
3.220.0
3.161.8
3.293.0
4.396.7
2.360.4
3.838.0
8.482.3
6.898.4
2.020.0
30.812.0
33.901.8
1,013,1
25.091.6
926,0 10.731.0
244.0
6.045.0
270.1
3.658.5
1.760.3 29.992.4
787.8
5.220.3
319,7
1.609.6
150.0
3.054.0
170.0
3.511.1
259.0
2.796.4
1.728.3 18.687.7
219.0
6.864.1
786.1
3.463,3
303.6
3.314.6
134.3
7.968.1
228 6
6’ *?9,8
281,C
185.9
f:ie i)?
630,5
6.522.7
205.0
2.496.0
772.0
6.476.0
177.0
1.430.0
1.954.8 13.633.0
353.0
4.487.0
223.3
1.680.9
Ask.
Lowest.
Highest.
175
164 Jam 171% Mar.
9 Jam
9% Jan.
45
32% Feb. 33 Mar.
150 128 Mar. 132 Jam
76% Jam 79 Mar.
'" ¿ i *
1 Mar.
4% Jam
17% Jam 22 Mar.
26 Feb.
8% Jam
38% Feb. 38% Feb.
146
47
144 Feb.
43 Feb.
116 Feb.
82
80 Jam
98*% 96 Jan.
10
9% Mar.
73% Mar.
80 % Jam
103
94% Jan.
15 Jam
148 Jan.
26 Feb.
18 Apr.
60
57% Mar.
25
20 Feb.
26
23% Feb.
79
76 Jam
20
1 8 7 b Jam
31
27 Jau.
44
35 Feb.
11
10% Jan
42% Feb.
275 Feb.
114 Feb.
56
37 Jam
41*
3% Mar.
19
16 Mar.
14 Feb.
49
46% Mar.
140 Jau.
NEW YORK STOCK EXCHANGE PRICES.—STATE BONDS A P R IL
1 0 1 % 103% New York—6 s, loan............... 1893 100
104 107
North Carolina—6 s, old........
30
92%
Funding act......._________ _ionn 10
94
96
New bonds, J. <fc J ___1892-1898
20
8
15
Chatham RR........................
2
Banne {sales) in 1892
Bid. Ask
Rensselaer & Saratoga..............100 170
.10 0
St. Joseph & Grand Island....... io o
.100 158 165 160 Feb. 165 Feb. St. Louis Alton & T. H ..............100 35
......................
.100 93
97
Do
pref.............100 141
.100 138 150 125 Jau. 130 Jan. St. L. & San Fran. 1st pref....... 100 * 76
.100 100
102 Jan. South Carolina...........................lo o * 2
100 32
34
31 Jan. 32 Jam Toledo Peoria & Western!!....... 100 21
100 Î 36
363s 35% Mar. 43% Jan. Toledo St. Louis & K. C ityü.......... l 21%
Preferred.
791* 80% 78% Feb.
83% Mar. Virginia Midland....................... io o
.100 50
36 Jan.
50% Mar.
m i s c e lla n e o u s S t o c k s .
13
17
Adams Express...........................i o o 144
5
.100
8
77s Jan. American Bank Note Col!............... 45
7% Jan.
50 150 153 150 Jan. 155% Mar. American Express.................... 100 J117
.100
Am. Telegraph & Cable............ 100 811*
100
6
7
8% Jau. American Tobacco C o.,pref... 100 t 98
5% Mar.
Preferred.
13
18
19% Jan. 20 Jam Brunswick Company.............. 100 * 9
51*
6%
7% Jan. Chic June. Ry. <6 Stock Yards. 100
6 Mar.
134* 15
14 Feb. 1673 Jan.
Preferred................................ .100
.100 «........ ____
25 Jan. 28% Mar. Citizens’ Gas of Brooklyn....... 1100 Î102%
Rrt M ar.
.100 1 85
Columbus & Hocking Coal___ .100
100
6%
7%
7 Jan.
7 Jam Commercial Cable......................100 1155
10%
.100 10
12% Jam Consol. Coal of Maryland.........100
9% Feb.
3
.100
6
4% Mar. Laclede Gas................................io o Î 18
3% Mar.
.100 92
90 Mar. 96 Jam
Do
pref.......................1 0 0
50
13
.100 10
12 Jan. 14 Jam Lehigh & Wilke«. Coall!..................
20
* 3%
6
Maryland Coal...........................100 24
Preferred.
12
13%
9 Mar. 14 Mar. Minnesota Iron...........................100 78
.100
20% Feb.
21 Feb. National Lead Certs. 1!.............. 100 19is
National Linseed Oil Co............ 100
.100 } 22%
National Starch Mfg. C o..........100 4Ó"
91 Ì0Ó
77% Feb. 77% Feb. New Central Coal....................... 100
9
110 115 100 Feb. 112 Mar. Ontario Silver Mining...............100 : 4.4%
. 25
Pennsylvania Coal.................... 50 270
P. Lorillard Co. pref................. 100
Postal Telegraph—Cable!!......... .
54
100
108*% Jan. I l l Feb. Quicksilver Mining.................... 100
3i*
.100 16% 18
16% Feb. 26 Jam
Preferred..................................io o 16
12
15
11 Mar. 15% Jau. Texas Paciflo Land Trust......... 100
.100 |153
152% Feb. 154% Jam
U. S. Express..............................100 44
50 ........ ........ ................... ................... Wells, Fargo Express................ 100 Ì1421*
* No price Friday; latest price this week
SECURITIES.
LTV,
(* Indicates actual sales.)
R a ilro a d Stocks«
Alabama & V ickburglf....J»
Alabama—Class A, 4 to 5 ....... 1906
Class B, 5s............................. 1906
Class C, 4s..............................1906
Currency funding 4s............1920
Arkansas—6s,fund.Hol. 1899-1900
do. Non-Holford
7s, Arkansas Central R R ............
Louisiana—7s, cons................. 1914
Stamped 4s...............................
Missouri—Fund.............1894-1895
ol,
150 Jam
45% Mar.
118% Feb.
82% Jam
993s Feb.
14% Feb.
79% Jan
83 Feb.
103 Apr.
18% Jan.
155 % Mar.
28% Mar.
2 4 7 b Jam
64 Jam
25 Feb.
27 Mar.
82 Jam
21 Jam
32 Feb.
46% Feb.
11% Feb.
45% Jam
275 Feb.
118 Jam
54 Mar.
4 Jam
22% Jan.
15% Mar.
54 Jan.
146% Mar.
1.
SECURITIES.
Bid.
Ask.
S.C. (cont.)—Brown consol.6s.1893 93
97
Tennessee—6s, old........ 1892-1898
62 __
Comiromise, 3-4-5-6s......... 1912 72 __
New settlement, 6s..............1913 106 108
7
5 s .............................................1913 99 101%
7
3 s ............................................ 1913 69% 70%
98
Virginia—6s, old...............................
123
6s, consolidated bonds................
6s, consolidated, 2d series, rects. ......
2%
" 8’ *
6s, deferred, t’ st rec’ts, stan pe 1
New York City, Boston and Philadelphia Banks :
Capital dc
Surplus. Loans. Specie. LiCgalt. Deposits,t Oire.’l’n Clearimps.
9
N. York.”
9
9
$
$
$
9
Feb. 27 ... 125.380.6 480.880.0 1078143 62.140.1 531,938,8 5,465,6 631.021.2
Mar. 5 . . . 125.380.6 488.675.3 1044798 50.207.1 533,578,7 5.598.0 770.624.2
“
1 2 .... 126.926.9 492.934.0 1004558 48,731,8 531.876.6 5.571.1 770,622.0
“
1 9 . ... 126.926.9 494,659,7 99,741,2 50,035,5 534,308,0 5,564,4 715.492.2
B 2 6 . ... 127,077,1 490.435.3 1012187 49,318,0 530.120.7 5,600,3 646,012,5
B oston .
Mar. l a . . . . 64.642.9 161,180,3 10.318.1 5,599,6 144,832,8 4,258,1 87,535,3
“
1 9 .... 64.642.9 160.361.7 10.342.1 6.632.2 144,792.0 4,267,5 89.269.2
“
2 0 .... 64.042.9 159.445.7 10,328,9 5.505.2 143,717,5 4,243,0 84.503.2
Phila.*
Mar. 1 2 .... 35.793.7 99.583.0
36.179.0
108.557.0 3.308.0 66.650.3
*• 1 9 .... 35.793.7 99.945.0
30.265.0
109.973.0 3.374.0 72.263.3
“
2 8 .... 35.793.7 99.812.0
36.318.0
109,6u3,0 3.377.0 73,453,0
* We omit two ciphers in all these figures. t Including, fo r B oston and P hllaB an ks .
ielDhia. the item " due to other banks.
City Railroad Securities—Brokers’ Quotations,
A tlantic A v „ B ’k ly n .S t’k.
Gen. M .,5a, 1 90 9 ...A & O
Bl’ck er St. & F ui. F. —Stk.
1st m ort., 7a., 1900-, J& J
Br’ dw ay fi 7 th A v .--S t’k ..
1st m ort., 5s, 1804 .J& D
2d m o r t , 5a, 1914. ..J & J
8 ’w ay 1st, 5a, g u .......’ 24
2nd 5a, int. as ren t., ’05.
Brooklyn C ity—S to ck .......
B ’klyn cro8 8 t’n 5 a., 1908
B kn.C’y & N ’ n 5 s,1938 J& J
Central Crosstown—S t’ k ..
1st m o r t , 6s, 1922.M & N
Cent. P k .N .& E .R iv .—Stk.
Consola.7a, 1902 ...J & D
üry D k.E .B .& B at’ y—Stk.
1st m ort., 7s, 1893.. J& D
108
100
27
113
195
104
103
104
92
x 176
109
101
135
115
123
116
118
100
112
108
29
116
200
Dry D ock E . B ’y & B.—
S c r ip . . . .............. ..............
Eighth A v .—S tock.............
E ig h th A v.—Scrip, 6s, 1914
423 & G r’nd St. F ’ry —Stk.
1st m ort., 7a, 1893. A&O
42d St. Manh.& S t.N .A ve.
1C6
1st m o r t , 6s, 1910.. M&S
2d M „ in e o m e ,6 a ....J & J
H oust.W .S t.& P .F ’y —Stk.
no
1st m ort., 7a, 1 8 9 4 ..J&J
102
N iuth A v e ............................
_____ Se iond A v e .—S to c k ..........
117
1st m ort., 5a, 1909.M &N
125
Sixth A v e .—S t o c k ... ........
120
Third A v e .—S t o c k ............
120
1st M ., 5a, 1937.......J&J
103 Twenty-third St.—S to c k ..
1st m ort. 7a, 1893.......
100
225
105
250
103
48
110
50
200
100
125
103
103
210
21-0
110
240
102
102
109
1C5
50
112
53
107M
135
106
106
113
104*
Bank Stock List—Latest prices of bank stocks this week.
BAN KS.
B id. A sk.
206
Am. E x c h ... 155
B o w e ry ........ 305
B roa d w a y... 275
Butcha’ & D r. 182
C en tra l......... 132
425
C hath am ___ 415
C hem ical___ 4400
C itv............... 475
200,0
Citizens’ ....... 155
6,8(0,9
600,0
C olum bia----- 250
6.340.5 $ 8 3
800,0
C om m erce... 187
200,0
1
.110.8
C on tin en tal. 128
150.0
360.9
Corn E x c h ... 252
800.0
960.3
D e p o sit........ 115
2)297)o 468.0
200.0
East R iv e r .. 150
4.747.0
600.0
602.0
l l t h W a rd ... 200
1.612.0
200,0
227.0
Fifth A v e ___ 2000
2 .100.0
11.753.9 1.589.3
F ifth.............. 320
800.0
4,172.0
989.0
2500
122.8 1.973.8
1.000.0
228.9
First N ., S. I . 100
14th S tr e e t- 170
60,372,7*66,704,4)490,436,3 1012187)49,318,9 530.120,7 F ou rth ______ 197
BANKS.
Garfield........
1 '7
312
German A m .
280
German E x .
G e rm a n ia ....
190
......... G reenw ich...
4800
500
165
....
190
135
260
.....
--TWV
_____
.....
H ud. R iv e r ..
1m. & T ra d ’s’
Ir v in g ............
L ea th er M is ’
L in c o ln _____
M anhattan...
H a rket& Ful
M ech a n ics’ ..
M ’ch s’& T rs ’.
M e rca n tile...
M erchants’ . .
M erch’ts E x .
M etropolitan
B id.
310
400
122
335
330
150
345
145
605
le 3
240
400
180
187
182
220
152
125
A sk.
BANKS.
2AO~
360
620
192
260
.
225
191
220
N .Y . County.
N .Y .N a t.E x .
N in th ............
19th W a r d ..
N. A m erica..
P a r k ___ ____
P eople’s . . . . . .
P h e n ix ..—
P xoduce E x .
R e p u b lic . . . .
S econd ___ . . .
Seventh.........
155
St. N ich ola s.
130
State o f N .Y .
10 »4 12% T h ir d ............
M t. M orris — 250
300
......... N assau.......... 165
Bid. A ik .
Uni i d States
W est 8 k ie .._
605
130
no
160
165
«2Î25
190
310
200
124
123
170
174
325
125
150
122
112
100
107
200
119
225
650
1Ï5
325
m r
130
180
180
_^
i«o~
rio“
105
224**
TH E
A p r il 2, 1892.]
553
C H R O N IC L E .
BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES,
Sales
of the
Week,
Shares.
a m P rices
Share Prices — n o t Per C entnm
rices.
Active Stocks,
f Indicates unlisted
A-tch. T. & 8 . Fe (Boston). 100
Atlantic & Pao.
“
100
Baltimore & Ohio (Balt.).100
1 st preferred
“
100
2 d preferred
“
100
Boston & Albany tBoston) .100
Boston & LoweU
“
100
Boston & Maine
“
100
Central o f Mass.
“
100
Preferred
“
100
Chic.Bur.&Quin.
“
100
Chile. Mil. & St.P. (Phil.).100
Chic. & W. Mich. (Boston).100
Cleve. & Canton
“
100
Preferred....
“
100
Fitchburg pref.
“
100
FI. & Pere Marq.
“
100
Preferred
“
100
Hunt. & Br. Top. (Phila ) . 50
Preferred
“
50
Lehigh Valley
“
50
Maine Central (Boston) .100
Mexican Central
“
100
N. Y. & N. Eng.
!*■
100
Preferred___
“
100
Northern Central (Balt.). 50
Northern Pacific (Phila.). 100
Preferred
“
100
ld Colony.. . . (Boston). 100
ennsyl vania.. (Phila.). 50
Philadel. & Efle.
“
50
Phila. & Reading
“
50
Summit Branch (Boston). 50
Union Pacifio
g
100
United Cos. of N. J. (Phila.) 100
WcsternN. Y. &.¥&(Phila.; . 100
?
N n scellan eon s Stocks.
Am. Sug’rRefln. U(Boston) . . . .
Preferred........
“
Bell Telephone..
”
100
Bost. & Montana
“
25
Butte & Boston..
“
25
Calumet & Hecla
“
25
Canton Co.......... (Balt.). 100
O tnsolidated Gas
“
100
Brie Telephone (Boston). 100
Lamson Store Ser. “
50
Lehi’h Coal&Nav 'Phil.j 50
N.Eng. Telephone (Bnst’n) 100
North American. (Phil.). 100
Themson-H’n El. .(Bost’n) 25
Preferred.._____
“
25
. West EndLand..
“
. ...
* Bid and asked prices:
Inactive Stocks.
Saturday,
March 26.
38
38%
* 4 % .........
. . . . . . 100
T20
203%
174%
170
*16
341«
125
203%
174%
170
17
3413
Monday,
March 28.
March 29.
37
3 7 % 38
4%
4% 4%
98% 98% 98%
*130
130 138
120 125
203
203
203
174
174 174
169% 169% 169
*16
17
*16
34
35
*34
107%
1 0 6 % 107
77%
76% 77
107 1071e
76% 77
*51
53
*51
*5%
* 51«
5*8
*19
*19
87
87
87
*26
*27
*85 ......... *84%
33
*321« 33
*52
*51
38
4%
100
138
125
203
174
169%
17
34
107*8
77%
53
*5%
*19
87
87% 87
28
28
85% *8 4 % 8 5%
3 3 % 33%
33
53% . 5 3 % 53%
56*8 5 7
5 7 % "5714 "56*8 57%
117
1 17
115 115
114 114
18% 18% 18*8 18*8
18*8 19
47% 49
49
49*e
49*8 501«
99
101
102 102
102 103
* 68 % ...........
'........ 69%
5 *8
March 30.
Thursday,
March 31.
36% 37
36% 37
4%
4%
*98 100
........138
Friday,
April 1 .
*120
203 203
174 174
170 170
*16
17
*33% 34%
107% 108%
76% 76%
55
51
*5% ........
*19
86 % 87
*26% 28
85
85% 85% 85
*3 3 % ........ *33%
53
63
53
53
57
57% 56% 57
115 115
18% 18% 18% 18%
45% 47%
47
48
93% 99
99 100
*120
1..........
2 2 % 21*8
21 % 2 2 % 22
60% 61% 60*8 61% 61
6 0 % 6 2%
172
173 173
172% 173
1 7 2 % 1 73
54*8
54*8 55
54% 55
54*8 55
39%
39%
39%
39% 39%
*39
39*8
281x6 28*8 27%
28% 29
2 8 9ie 28*8
*5
*5
5
5
44% 44
44% 44% 44
45
45
224%
224 224
223 224
*223 2 2 4
8%
*8 % 8 %
8%
9
8%
*..........
98 100% 98% 99%
98%
98% 98*8 98
205 206
205% 206
42%
42% 42*8 42
15
*15% 15% 15
270 270
'270 275
*66 % 76
*68% ....
52% 52% 52% 52%
46
46 *........ 45%
15% 15% 15% 15%
*54
54% 53% 54
*51% ....
*52
14>4 14%
14% "l4%
53% 58%
59
59
28% 28*8 28% 28%
19% 19% 19% 19%
no sale was made.
98% 95*8 98%
97% 99% 97
97*8 98% 97% 97% 97% 97*8
195 197%
192 194
H92 205
43
42% 43
41
41% 42
14% 14% 15% 15% *14% 15%
268 268
267 268
267 269
76
67% 67% *
*67
72
53%
53
53% 53
52% 53
45
45
45
45
46
46
*15%
*........
16
15% 15%
53% 53% 53% 53%
53% 54
52
52
51% 51% *5 1 % ___
14% 14%
14
14% 14% 14
*58% 58*8 58% 58*8 58% 58%
2834 28% 28% 28% 28% 28%
19% 19
19%
19% 19% 19
iE x dividen d and rights
Bid.
2 1 % 22
Ask.
21*8 2 2 %
Inactive stocks.
Bid.
122
22
62
173
55
39%
23*16
44%
225
8%
6 84 Jan. 6 100% Mar. 15
130 Jan. 1 2 !135 Feb. 15
116 Jan. 18 j¡120% Mar. 9
184 199 Jan. 8 209 Mar. 9
1 6 3 173 Jan. 5 175% Feb. 4
42 159 Jan. 28 172% Mar. 21
16 Jan. 4 18 Jan. 8
53 33 Jan. 2 38 Jan. 9
103*8
Feb. 24 110% Jan. 28
12,601
4,000 76 Mar. 30 83% Jan. 7
2,020 48 Feb. 25 55 Mar. 31
8 Feb. 1 2
5% Feb. 17
19 Feb. 20 23 Jan. 4
380 81% Jau. 19 88 % Mar. 7
25 Feb. 29 28% Mar. 25
194 75% Feb. 13 86 % Jan. 16
234 25% Jan. 27 34% Mar. 3
192 46% Jan. 21 54% Mar. 3
1,377 50% Jan. 13 62% Feb. 11
202 112 Mar. 14 117 Jan. 16
2,530 18% Apr. 1 24% Jan. 4
33,935 4 1 * 8 Apr. 1 58% Mar. 3
1,929 97 Feb. 25 114% Jan. 9
.68 Jan. 19 69% Mar. 16
5,726 *21% Mar. 25 26% Jan. 5
25,671 60% Mar. 26 72% Jan. 2
162 164% Jan. 5 173 Mar. 3
5,924 54% Mar. 9 57% Jan. 2
350 32 Jan. 29 40% Mar. 3
127,503 193le Jan. 19 34% Feb. 11
7 Feb. 15
5 Mar. 29
450
6,879 44 Mar. 31 50% Jan. 4
63 x223%Mar 24 226% Feb 27
8 Jan. 19 10% Feb. 18
320
92% 95*8 39,63
4,571
94*8 96%
193 195
778
3,534
*42% 42%
535
15% 15%
170
268 268
10
*67
70
2,283
53% 53%
335
45
45
178
*15%
978
53% 53%
20
*51%
1,065
14%
14
621
58% 58%
825
28% 28%
3,845
19
19%
Ask.
12
Thom.Europ. E.WeldH (Boston) 100 10
Prices o f April 1.
4
Water Power.................
“ 100
“
50 28% 2834
91 Westing. El. tr. reo.1I
Atlanta & Charlotte (Balt.) .100 88
B o n d s —B o s to n .
Boston & Providence {Boston). 100 249
At.Top.&8.F.100-yr.4g.,1989, J&J § 81% 81*8
Camden & Atantio pf. (Phila.). 50 27
57% 57*8
100 -year income 5 g., 1989.Sept.
9
8%
“
50
C a ta w issa ..............
Burl. & Mo. River Exempt 6 s, J&J
62
1st preferred........
f*
50
117
Non-exempt 6 s............1918, J&J j j j i ï è
61%
2d preferred..........
“
50
Plain 4s....................... 1910, J&J
Central Ohio............. (Balt.). 50 53
i Ö 3%
Chic. Burl. & Nor. 1st 5,1926, A&O
Chari. Col. & Augusta
“
100 10
2d mort. 6 s .................1918, J&D J __ ftp 103%
Connecticut & Pass. (Boston). 100 118%
Debenture 6 s..............1896, J&D §101 103
Connecticut R iver...
“
100 x231 235
Chic. Burl. & Quincy 4 s . .1922, F&A 5 91
Delaware & Bound Br.(P7wla.).100
Iowa Division 4s.......1919, A&O 1 92
Har.Ports.Mt.Joy&L.
“
50 80
Chic.&W.Mich. gen. 5s, 1921, J&D $ 97% 98
45
Kan. C’y Ft. S. & Mem. (Boston). 100
95%
Consol, of Vermont, 58.1913, J&J 1 95
Preferred....................
“ 100 105 115
21 % Current River, 1st, 5s..1927, A&O
K. City Mem. & Birm.
“
100
69 Det. Lans. & Nor’n M. 7s. 1907, J &J
Little Schuylkill....... (Phila.). 50
Eastern 1st mort. 6 g „ 1906, M&S & Ì 23" 123%
Manchester & Law.. (Boston). 100
1 ree.Elk. &M.V.,lst, 6S.1933, A&O
Maryland Central___
(Balt.) 50
Unstamped 1st, 6s— 1933, A&O
70
Mine Hill & S. Haven (Phila.). 50 69
NesquehoningVal....
“
50 52% 53% K.C. C.&Spring.,1st,5g.,1925,A&O 120
K. C. F. S. & M. con. 6 s, 1928, M&N § Ì 07 107%
Northern N. H__ . . . . (Boston). 100
K.C. Mem. & Bir.,1st,5s,1927, M&S 5......... 61
North Pennsylvania. (Phila.). 50 84%
K.
C. St. Jo. &C. B., 7 s..1907, J&J
Oregon Short L in e ...(Boston). 100 25% 26
97
L. Rock & Ft. S., 1 st, 7s.. 1905, J&J
Parkersburg.............
(Balt.) 50
109
Louis.,Ev.&St.L.,1st,6g.l926,A&O
Pennsylvania & N.W. (Phila.) 50 48
2m., 2— 6 g ................ 1936, A&O
Baleigh & Gaston___
(Balt.) 100
93
Mar. H. & Ont., 6 s...... 1925, A&O
4%
Rutland....................... (Boston). 100
Exten. 6 s . . . . . .......... 1023, J&D §106
Preferred............. .
100 68
l
Mexican Central, 4 g. ..1911, J&J 69
Seaboard & Roanoke. (Balt.) 100 100 108
35%
1st consol.incomes, 3 g, non-cuin l 35
1 st preferred.......... .
*•
100
2d consol, incomes, 3s, non-cum § ......... 18%
West End..................... (Boston). 50 73% 74
6119
%
N.
Y.
&
N.Eng,,
1st,
7s,
1905,
J&J
85%
Preferred........... .
“
50
112
1 st mort. 6 s .............. -1805« J&J S U O
West Jersey.................(Phila.). 50 59
2d mort. 6 s ............... 1902, F&A §104 104%
West Jersey & Atlan.
“
50
2d mort., scaled, 5s...1902, F&A
18
Western Maryland..
(1
. 50 16
Ogden. & L. C.,Con.6s.l920,A&0§
Wilm. Col. & Augusta
100 1 1 0 115
\......... .........
Inc. .................................... ...
100 115 120
Wilmingt’n& Weldon
Rutland,
1st, 6 s........... 1902, M&N
16% 17%
Wisconsin Central.,.. (Bo
.10 0
2d, 5s.................-....... 1898,F&A § 100% .........
40
42
Preferred........... .
100
Worc’st.Nash.&Roch.
B on d s.—P h iladelp hia - ,
100
Allegheny Val.,7 3 lOs, 1896, J&J 109%
MISCELLANEOUS,
i Ö 5%
1
. 25
1 % Atlantic City 1st 5s, g., 1919, M&N|
1 2 % Belvidere Del., 1st, 6 s ..1902, J&Dj l l a
Atlantic Mining........
25 12
Catawissa, M., 7s........1900, F&A 116%
. 25 75
City Passenger R R ...
77
. 50 27% 28% Char.Cin.&Chic.lst5g, 1947, Q—Jj . . . .
Boston Land.............
10
6
6 % Clearfield & Jeff., 1st, 6s'.1927, J&J 118
Connecting, 6 s........ 1900-04, M&S —
10
10 % 11
Centennial Mining...
25 1 2 % 13 Del. & B’d Br’k, 1st, 7 s.1905,F&A1 127
Fort Wayne Electric if
Franklin Mining.......
25 15
15% Easton & Am. lstM .,5s.l920,M &N 109
Frenchm’n’s Bay L’nd
5
(5%
5% Elmir. & Wilm., 1st, 6s.1910, J&J. 120
Hunt. & Br’d Top, Con. 5s.’95, A&O 103%
Huron Mining............
25
Lehigh Nav. 4%s.........1914, Q—J 109
Illinois Steel ............
72
100
2d 6 s, gold................ 1897, J&D 110 % 111%
Ï4%
Kearsarge Mining... .
25 13%
101%
General mort. 4%s, g.l924,Q —F
1 1 2 114
Lehigh
Valley, 1st 6 s ...1898, J&D 113% 113%
.ioo
2 d 7s....................
1910, M&S 133 134%
100 200
Preferred guar. 10Consol. 6 ............
1923, J&D 129
. 25 31% 32%
North Penn. 1st, 7s. ...1896, M&N! 113
100 192
Pullman Palace Car..
Gen.
M.
7s..........
.........1903,
J&J 128
25
Quincy Mining..........
Pennsylvania gen. 6 s, T..1910, Var 133
Tamarack Mining-... .
25 168 173
Consol.
6s.
c
______
1905.
Vnr'121% 122%
Thomson Ele. WeldV.
100
1 Last price this week
1 Unlisted. § And accrued interest*
I
98%
135
203 203
174 174
*169% 170
17
“ 16
34%
*33
107% 103%
76% 76%
53% 54
*
5*8
*Ï9”
86 % 87
*........ 28%
85%
85
*33% 34
54
*53
56% 57
*114
18% 18%
41*8 45
98
97
70
*69
60-*4 61% 60% 62%
172% 172% 172% 173
54*8 55
54*8 55
*39% 4 0
*39% 40
28i3ie 29% 28% 29
*5
45%
45 58 45*s 45
223% 223%
........224
8%
*8 %
838
8%
21% 22%
Highest.
Lowest.
35% 36% 58,131 35% Apr. 1 46% Jan. 4
4 Mar. 9
5*s Jan. / 5
815
*4%
*97% 98% *98
*133
203 203
173 174
170 170
*16
17
34% 34%
107 108
76
76%
*50
53
* 5 % ........
*19 ........
87
87
Range of sales in 1892.
78% Jan.
90% Jan.
192 Mar.
31 Feb.
13% Feb.
253 Feb.
60% Jan.
43 Jan.
43% Jan.
14% Feb.
48% Jan.
50% Feb.
14 Mar.
49*8 Jan.
26% Jan.
16% Jan.
101% Mar. 24
100 Mar. 25
210 Jan. 15
45% Mar.
17% Jan.
281 Mar.
67% Mar.
53% Mar.
47 Jan.
17 Jan.
55% Feb.
53 Feb.
18% Jan.
62% Feb.
29% Feb.
20 Mar.
23
5
21
30
30
7
4
15
29
2
9
9
14
Bid. Ask.
Bonds,
......
Penna. Consol. 5s, r ........1919, Var I l l
•rnmmn
Collat. Tr. 4% g ..........1913, J&D 109
Pa. & N. Y. Canal, 7s... 1906, J&D 125
114
Consol. 5s....................1939, A&O
Perkiomen, 1st ser., 5s. 1918, Q—J 105
...» a*.
Pnila.& Erie gen. M. 5g.,1920, A&O 1 1 2
99%
99
Gen. mort., 4 g .......... 1920, A&O
86%
Phila & Read, new 4 g., 1958, J&J 86
73%
73%
1st pref. income, 5 g, 1958, Feb 1
2d pref. income, 5 g, 1958, Feb. 1 64% 65
3d pref.income, 5 g, 1958.Feb. 1 54% 55
2 d, 7 s............. "............ 1893, A&O tl06%
Consoi. mort. 7s----- - 1911, J&D 131% 132
Consol, mort. 6 g ....... J&D
ImprovementM. 6 g., 1897, A&O U07
Con. M.,5 ,g.,stamped,1922,M&N 104%
Phil. Wilm. & Balt., 4 s .1917, A&O f 98
Pitts. C. & St. L., 7 s ....1900, F&A 116 116%
67
Po’keepsie Bridge, 6 g-193b, F&A
Schuyl.R.E.Side.lst 5 g.1935, J&D 107% ....... .
106%
Steub en. &Ind., 1st m., 5s. 1914, J& J 106
United N. J., 6 g ........... D w S -£^9 103*« 105%
Warren & Frank.,1st,7s,1896,F&A 105% ........
B on d s.—B a ltim ore. __ _ . T
Atlanta & Chari., 1st 7s, 1907, J&J 115 117
95
Income 6 s.................. I960» A&O 90
Baltimore & Ohio 4g., 193o, A&O ‘ 99% 100
Pitts. & Conn., 5 g . . -1925, F&A
Staten Island, 2d, 5 g.1926, J&J
Bal.&Ohio S.W.,lst,4%g.l990, J&J 103% 104%
97%
CapeF.&Yad.,Ser.A.,6g.l9 L6 , J&D 97
97%
96
Series B., 6 g ...............
97%
96
Series C., 6 g ...............
100
Cent. Ohio, 4% g ............1930,
Chari. Col.&Aug. ls t7 s .l8 9 o , J&J 103 103%
Ga. Car. & Nor. 1st 5 g ..l9 2 9 , J&J 103% 104
North. Cent. 6 s ............... 1900, J&J 113 1114
6
s
.
•1904j J&J 117 119
Series A, 5s..................1926, J&J 109% 110
4 %s
1925, A&O .........
Oxf. &Clark. ,int. gu. ,6 g.1937,M&N
Piedm.& Cum.,1st, 5 g.1911, F&A 98 100
Pitts. & Connells. 1st 7s. 1898, J&J 114 114%
Virginia Mid., 1st 6 s ...1906, M&S 113 115
2d Series, 6 s.................1911 M&S 1 1 0 % 1 1 2
3d Series, 6 s............... 191b> M&S 100 108%
80
4th Series, 3-4-5s.......1921, M&S 70
5th Series, 5s..............1926, M&S 100 100 %.
108
107%
West Va. C. & P. 1st, 6 g.1911, J&J 107 %
90
West’* N.C. Consol. 6 g 1914, J&J
Wilm. Col. & Aug., 6 s..1910, J&D 118 119%
MISCELLANEOUS.
Baltimore—City H all6s.l900, Q—J
Funding 6 s .................. 1900, Q—J
West .viaryl’d RR. 6 s.. 1902, J&J
Water 5s.................... 1916, M&N
Funding 5s................. 1916, M&N
Exchange 3%s............ 1930, J&J
Virginia (State) 3s, new. 1932, J&J
Chesapeake Gas, 6 s.......1900, J&D
Consol. Gas, 6 s ............1 9 1 0 , J&D
5 3 ............
....1 9 3 9 , J&J
Equitable Gas. 6 s ........ 1913, A&O
!
115
115% 116 %
117 120
127 .......
ioi.% 102 T
72% 72%
108% 109%
113% 114
10 0 % 10 0 %
107 1109
107
TH E
55*
C H R O N IC L E .
[V ol. U V ,
NEW YORK STOCK EXCHANGE PRICES (Continued).—A C T IV E BONDS A PR IL 1, AND FOR YEAR 1S 92.
CloPng Range (sales) in 1892.
R a il r o a d
and
M is c e l . B o n l s .
Intanai Price
Period, Apr. 1
Lowest.
Highest.
R a il r o a d
IOlos’ ng Range (tales) in 1892.
axd
M is c e l . B o n d s . Interisti Price
Period.ÌApr. ;
Lowest. I Highest.
Mobile A Ohio—New, 6 g.,1927 J A D 116 b. 112 Feb.
Amer. Cotton Oil, deb., 8 g.1900 Q - F 109% 107% Jan. 111% Jan.
General mortgage, 4 s ...1938 M A S 61%b. 61% Mar.
81% Feb. 84 Jan.
At.Top. AS.F.—100-yr., 4 g . 1989 J & J 8278
Nash. Ch. A St.L.—1st, 7s. 1913 J A J 127 b. 126% Jan.
57% Apr. 66% Jan.
100-year incom e,5g.......1989 Sept. 58
74
Jan.
Con., 5 g . ......................... 1928 A A O 100 b. 103% Jan.
717sb. 71% Mar.
Atl. & Pac.—Saar, 4 g ___1937
N.Y. Central—Extend., 5s.1893 M A N 10358b. 101% Jan.
W.D. inc., 6 s .. . . .........1 9 1 0 J & J 12 b. 12 Feb. 14% Jan.
1st, coupon, 7s................. 1903 J A J 126 b. 123% Jan.
Brookl’ n Elevat’ d 1st, 6, g . 1924 A & O 115 b. I l l Jan. 118 Mar.
Deben.,5s, coup., 1884.. 1904 M A S 108 b. 107% Mar.
105% Jan. 108 Mar.
Can. South.—1st guar., 5s 1908 J & J 108
N. Y. A Harlem—7s,reg.l900 M A N 122 b. 120% Jan.
2d, 5s................................. 1913 M A S 100% 100 Mar. 10478 Feb.
R. W. A Ogd.—Con., 5s.. 1922 A A O 112% 112% Jan.
71%b. 71% Mar. 85 Feb.
Cent. Ga.—S A W. 1st con.5s,’ 29
95 Jan.
Central of N. J.—Cons., 7s. 1899 Q—J *116 b. 115 Jan. 117% Mar. N. Y. Chic. A St. L.—4 g ...l9 3 7 A A O 96
N.
Y. Elevated—7s..............1906 J A J 113% 112 Jan.
123%
Mar.
M
A
N
122
b.
120
Jan.
Consol., 7s....................... 1902
N. Y. Lack. A W.—1st, 6 s.. 1921 J A J 12738b. 125 Jan.
General mortgage, 5 g..l9 8 7 J & J 112% 109% Jan. 1123s Feb.
Construction, 5s..............1923 F A A 1101« a. 110 Jan.
Leh.AW.B., con.,7s, asYd. 1900 Q—K 110 b. 109% Jan. 111% Feb.
do. m ortga gees........ 1912 M «fe N 98%b. 94 Jan. 101% Mar. N.Y.L.E.AW.—lst,oon.,7g.l920 M A S 13514 b. 134% Mar.
108
Feb.
Long
Dock, 7 s ............... 1893 J A D 105 i«b. 04% Jan.
J
&
J
107%a.
105%
Jan.
Am . Dock A Imp., 5s---- 1921
Consol., 6 g .................... 1935 A A O 117 b. 119% Jan.
Central Pa ciflc—Gold, 6s.. 1898 J & J 110 b. 109% Jan. 111% Mar.
119
Feb.
2d
consol.,
6 g ................. 1969 J A D 107
A
&
O
115%
Jan.
117
a.
06% Jan.
Ohes. & Ohio—Mort., 6 g.,1911
N. Y. Ont. A W.—1st, 6 g..l9 1 4 M A S 110%b. 1 0 78 Mar.
1st consol., 5 g ................. 1939 M A N 104% 103% Jan. 106 Jan.
78
Jan.
Consol.
1st,
5 g ............... 1939 J A D * 104 i«b. 100 Jan.
J
&
J
76
b.
76
Jan.
B.AA.D iv.,lstcon.,2-4g.l989
A J 104%b. 103 Jan.
do 2d con., 4 g . . . 1989 J & J 78 b. 75% Jan. 79% Mar. N. Y.Sus. AW.—1st ref., 5 g.1937
Midland of N. J., 6 g ___1910
A O 115i«b. 116% Jan.
Chic. Burl. & Q.—Con.,7s.1903 J & J 123% 121% Jan. 123% Mar.
Norf. A W.—100-year, 5 g.1990
A J 94%a. 95 Jan.
Debenture, 5s...................1913 M& N 103% 101 Jan. 103% Apr.
Md. AWash. D iv.-lst,5 g.1941
A J 92%a. 91 Feb.
Convertible 5s................. 1903 M A e 110% 107% Mar. 114 Jan.
North.Pac.—1st,coup., 6g. 1921
A J 11738b. 115 Jan.
Denver Division, 4s.......1922 F & A 91 %b. 91% Feb. 915s Feb
General, 2d, coup., 6 g..l9 3 3 A AO* 115i4b. 112% Jan.
88% Mar. 91% Feb.
Nebraska Extension, 4s.1927 M & N 89%
General^ 3d, coup., 6 g..l9 3 7
A D llO ie 107% Jan.
Chic. & E. 111.—1st,s.f.,6s. 1907 J & D 115 b. 112% Jan. 115% Mar.
A
&
O
Consol, mort., 5 g ............1989
121 a. 122 Jan. 122% Jan.
A D 76%b. 76 Mar.
Consol., 6 g....................... 1934
Chic. A N.P.—1st, 5 g ...l9 4 0
A O 77
97 Jan. 102% Mar.
77 Apr.
General consol. 1st, 5s.. 1937 M & N 1 0 1 %
Cbicago&Erie—1st,4-5 g .11182 M A N 102%b. 97% Jan. 102% Mar. North. Pac. A Mon.—6 g ... 1938 M A S 9678a. 97% Mar.
North. Pac. Ter. Co.—6 g..l9 3 3 J A J 106 b. 105 Jan.
Income, 5s....................... 1982 Oct’b’r 51 %a. 48 Jan. 53% Feb.
&
Ohio AMiss.—Cons, s.f.,7s. 1898
A J 112 b. 111 Jan.
86 Jan. 91 Feb.
89%
Chic. Gas L. &C.—Ist,5 g .l9 3 7
Consol., 7s....................... 1898
A J 112 b. 110 Mar.
128 a. 125% Jan. 128% Mar.
Chic. Mil. &St.P.—Con.7s.1905
A
114%b. 112% Jan. 115 Mar. Ohio Southern—1st, 6 g..,1921 J A D 111
106 Jan.
1st, Southwest Div., 6s. 1909
A
General mort., 4 g ..........1921 M A N 621«
113% Jan. 117% Mar.
117
62 Jan.
1st, So. Min. Div., 6s___1910
A J I08%b. 106 Jan. 108% Mar. Omaha A St. Louis—4 g .. 1937
A J 58 b.
1st,Ch.&Pac.W.Div., 5s.1921
Oregon Imp. Co. 1st, 6 g.1910
& J 103 b. 100% Jan. 102% Feb.
A D 103 b. 101 % Jan.
Chic. AM o.Riv.Div., 5s.1926
Consol., 5 g ......................1939
A
106 b. 103 Jan. 106 Mar.
A O 6719
6578 Jan.
Wis. A Minn. Div., 5 g.,1921
A
A J 111
107 b. 103 Jan. 106 Mar. Ore.R.ANav Co.—1st,6 g .1909
10978 Jan.
Terminal, 5 g .................. 1914
A
A D 90 b. 94 Jan.
Consol., 5 g ....................... 1925
89 a. 86% Jan. 89 Feb.
Gen. M., 4g., series A ...1989
A J 106 Ssb. 105 5g Jan.
Pa. Co.—4*2 g., coupon___1921
Mil. A Nor.—1st, con., 68.1913 J & D 114 b. 111% Jan. 114 Feb.
Peo. Dec. AEvansv.—6 g.,1920
AJ* I05%b. 105% Mar.
Chic. & N. W.—Consol., 7s.. 1915 Q -F 138 b. 137 Feb. 140 Jan.
J
&
D
Evansville
Div.,
6g___1920
126
Mar.
M
A
S *102 a. 02 Mar.
126 b. 123% Jan.
Coupon, gold*, 7s..............1902
2d mort., 5 g .................... 1926 M A N 72i«a. 69% Jan.
Sinking fund, 6s..............1929 A A O 117 a. 116 Jan. 120 Mar.
Phila.
A
Read.—Gen.,
4
g.1958
A
J 86 I4
A
A
O
109%
Feb.
106%b. 108 Jan.
83% Jan.
Sinking fund, 5s..............1929
73%
1st pref. income, 5 g .......1958 Feb.
105% Jan. 107% Feb.
69% Feb.
Sinking fund deben„ 5s.1933 M A N
M
&
N
64%
107
Mar.
2d pref. income, 5 g .......1958 Feb.
’ 107 a. 104% Feb.
53% Feb.
25-year debenture, 5 ___ 1909
3d pref. income, 5 g .......1958 Feb.
55
37 Jan.
Extension, 4s.................. 1926 F & A *96%b. 96 Jan. 100% Jan.
Pittsburg A Western—4 g.1917 J &, J 82
80% Jan.
96 Mar. 99% Feb.
Chic. Peo. & St. Louis—5 g.1928 M A S 98%
Chic. B.I. & Pac.—6s, coup. 1917 J & J 124%b. 121 Jan. 1255s Mar. Rich ADanv.—Con., 6 g ..l9 1 5 J & J .06 b. 105% Mar.
Consol.,5 g ....................... 1936 A & O 75i«b. 78 Mar.
Extension and col.,5 s...1934 J A J 102% 1013s Jan. 1Ö3 Feb.
Rich.AW.P.Ter.-Trust,6g.l897 F & A 90
89 Mar.
30-year debent. 5s..........1931 M A S 95%b. 95 Jan. 98% Feb.
Con. 1st A col. trust, 5 g.1914 M & S 5713
57% Apr.
Chic. St.L. APitt. -Con.,5g.1932 A A O *106 b. 105 Jan. 105% Feb.
76% Jan.
Chic. St. P. M. A O.—6s.. . . 1930 J A D 12158b. 120 Feb. 121% Mar. Rio G. Western—1st, 4 g.,1939 J A J 79
Cleveland & Canton—5 .. .1917 J A J 88 b. 88 Jan. 93% Mar. St. Jo. A Gr. Island—6 g..'1925 M A N 96 b. 95 Jan.
St. L. Alt. A T. H.—1st, 78.1894 J & J .07 b. 107% Mar.
C. C. C. A I.—Consol., 7 g.1914 J A D 132 b. 128% Jan. 130 Jan.
General consol., 6 g .......1934 J A J 122 a. 118% Jan. 122% Mar. St. L. A IronMt.—Is t7 s ...l8 9 2 F A A .0 l78 101 Feb.
2d, 7 g .............................. 1897 M A N 09 b. 108 Jan.
83 Feb.
C.C. C. ASt.L—Peo. & E. 4s. 1940 A A O 79 %b. 80 Jan.
Cairo Ark. A Texas, 7 g ..l8 9 7 J & D 05 b. 105 JanIncome, 4s....................... 1990 April. 31%a. 30% Jan. 34% Feb.
Gen. R’y A land gr.,5g..l931 A & O 85 a. 85 Feb.
Col. Coal & Iron—6 g ........ 1900 F A A 100 b. 100% Mar. 103% Jan.
St.L. A San Fr.—6 g.,Cl.B,1906 M A N .14 b. 112 Jan.
70 Mar. 74 Jan.
Col. Midland—Con., 4 g..,1940 F A A 70%
6 g., Class C.................... 1906 M A N l14 b. 112. Jan.
87% Jan. 92% Feb.
CoLH.Yal.&Tol.—Con.,5g.l931 M A S 88
General mort., 6 g .......... 1931 J A J 109 b. 106% Jan.
General, 6 g ......................1904 J A D 96%a. 93 Jan. 97 Mar.
116%
Jan.
70% Feb.
St.
L. So. West.—1st, 4s, g. .1989 M A N 711«
M
A
N
118
118 Mar.
Denver & Rio G.—1st, 7 g.1900
2d, 4s, g., incom e............1989 J A J 33 a. 32% Mar.
77% Jan.
1st consol., 4 g . . . . ...........1936 J A J 81%
81% Mar.
N
L18i«b.
M
A
116%
Jan.
S.P.M.&M.—Dak.
Ex.,
6
g.1910
Det.B. CityA Alpena—6 g .1913 J A J 78 b. 70 Jan. 80 Feb.
1st consol., 6 g ................ 1933 J & J 120 b, 118% Jan.
Det. Mac.& M.—L’dgrants. 1911 A A O 37
37 Mar. 42% Jan.
J
J
99%b.
97
Jan.
do
reduced to 4% g - - 95 Jan. 100% Mar.
Dul. A Iron Range—5s___1937 A A O
87% Jan.
Montana Extension, 4 g.1937 .1 & D 88
95 Mar. 97% Mar.
Dul. So. Sh. & Atl.—5 g .. . . 1937 J A J 97
J
&
r65%b.
J
San A. A Aran. P.—1st, 6 g. 1916
65% Feb.
E. Tenn.V &G.—Con., 5 g .l9 5 6 M A N 90 b. 90 Mar. 100 Feb.
1st, 6 g ..............................1926 J & J '65%b. 61 Jan.
Knoxville A Ohio, 6 g ...l9 2 5 J A J 100 a. 100 Mar. 108 Jan.
Seattle L.S.AE.—1st,gu. 6.1931 F & A 90%a. 92 Feb.
Eliz. Lex. ABigSan.—6 g.1902 M A S 82 b. 81 Mar. 92 Jan.
* 105i«b. 107% Jan.
So. Car.—1st, 6 g.,ex coup.1920
Ft. W. A Denv. City—6 g.,1921 J A D 101%
98% Jan. 102 Jan.
Income, 6s............
1931
13 b. 16 Feb.
Gal.H.ASan An.-W.Div.lst,5 g. M A N 97%b. 9638 Jan. 98% Mar.
So. Pac., Ariz.—6 g .......1909-10 J A J 104 b. 101 Feb.
Han. & St. Jos.—Cons., 6s.1911 M A S 115 b. 115% Mar. 1185a Feb.
So. Pacific,Cal.—6 g . . . . 1905-12 A A O 113 b. 112% Jan.
Illinois Central—4 g ..........1952 A A O 98 b. 96% Jan. 102% Feb.
1st, consol., gold, 5 g ___1938 A & O 100 b. 99% Mar.
Int. A Gt. No.—1st, 6 g___1919 M A N *129 b. 118 Jan. 129 Mar.
So. Pacific, N. M.—6 g ........ 1911 J & J 104%b. 101% Jan.
Coupon, 6 g., trust rec..l9 0 9 M A S
76 Jan. 82 Jan.
Tenn. C. I. ARy.—Ten. D., 1st, 6g A A O 92 b. 89 Feb.
Iowa Central—1st, 5 g .......1938 J A D 92 b. 89% Jan. 96 Feb.
Kentucky Central—4 g ___1987 J A J 83%b. 81 Jan. 84% Mar.
Birm.Div., 6 g .......... ....19 1 7 J & J 94 %a. 91 Jan.
J & D 831«
Tex. A Pac.—1st, 5 g ........
77% Feb.
Kings Co. El.—1st, 5 g ___1925 J A J 98%a. 97% Feb. 100 Jan.
March. 3138
27 Feb.
Laclede Gas—1st, 5 g . . . . . . 1919 Q - F
80%b. 80 Mar. 84% Jan.
M A N 101 a. 99% Mar.
Toi. A. A. A N. M.—
Lake Erie & West.—5 g ___1937 J AJ* 110%b. 107% Jan. I l l Feb.
L. Shore—Con. cp., 1st, 7s.1900 J A J 121 b. 120 Jan. 122 Mar. Tol.A. A. A Gr. Tr.- -6 g ___1921 J & J 110 b. 110 Mar.
J A J 105 %b. 102% Jan.
Consol, coup.,2d,7s.......1903 J A D 123%b. 121% Feb. 124 Mar.
J A J 7938b. 77 Jan.
LongIsl’ d—1st, con., 5 g ..l9 3 1 Q - J *115 a. 114 Feb. 115 Feb.
Tol. Peo. A West.—4 g.
J & D 95%
91 Jan.
General mortgage, 4 g. .1938 J A D 93 %b. 91 Jan. 94% Feb.
Tol. St. L. A Kan. C.—6
J & J l lli« b . 11038 Jan.
Union P a c i f i c i g ........
Louis. & Nash.—Cons., 7s.1898 A A O I l l b. 114 Jan. 115 Feb.
M
A
S
10638b. 106 Mar.
N.O. A Mob. 1st, 6 g .......1930 J A J 120
117% Jan. 120 Apr.
M & N 73
70% Jan.
do.
2d, 6 g ........ 1930 J A J 107 b. 108 Jan. 110 Jan.
F A A 965s
95% Jan.
General, 6 g ......................1930 J A D 115 b. 115% Jan. 116% Mar.
M A N 110%b. 109 Feb.
Unified, 4 g ...................... 1940 J A J 80%a. 78% Jan.
Kan. Pac-D en.D iv.-6 g
80 34 Jan.
M & N 112 b. 108% Jan.
1st consol., 6 g .............
Nash.Fl. ASh.—1 st gtd.5 g ’37 F A A 98 b. 98 Feb. 101 Jan.
F & A 105 b. 105 Feb.
Louis. N.A. ACh.—1st, 6s. 1910 J A J *111 b. 10878 Jan. I l l Feb.
A & O 7878
78 % Apr.
Consol., 6 g ......................1916 A A O 99%b. 100% Jan. 103 Feb.
J & D 75
75 Mur.
Louis. St. L. & Texas—6 g. 1917 F A A 92%
87% Jan. 963a Jan.
Union Elevated—6 g . . . . . . 193’ M A N 114 b. 110 Jan.
Metro. Elevated—1st, 6 g.1908 J A J 117 b. 113% Jan. 1185a Feb.
2d, 6b.................................1899 M A N 109
105% Jan. 109% Mar. Virginia Mid.—Gen. m.,5s, 193( M A N 79 a. 78 Jan.
do
stamped guar M & N 79%a. 80 Mar.
Mich. Cent.—1st,con., 7 s ..1902 M A N 124
121% Jan. 124 Apr.
iM & N 105% 103% Jan.
Consol., 5s ......................1902 M A N 107 b. 106% Feb. 107 Jan.
79% Mar.
F A A 81%
MU.LakeSh.&W.—1st,6 g .1921 M A N 126
123 Jan. 126 Apr.
J & J 40 b. 42 Feb.
Exten. & Imp., 5 g ........ 1929 F A A 106 a. 104% Mar. 108% Jan.
J & J 103% 101% Jan.
M. K. A T.—1st 4s, g ........ 1990 J A D 81%
79% Jan. 81% Feb.
99 * Jan.
J & J LOII3
2d 4s, g ............................ 1990 F A A 50%
West. N. Y. A Pa.46% Jan. 54% Jan.
A & 0 32%b. 32 Feb.
Mo. Pacific—1st, con., 6 g.1920 M A N 108 b. 107 Jan. 108% Mar.
J
&
L
02
%b,
100%
Jan.
8d,7s................................. 1906 M A N 115 b. 112% Jan. 116 Jan.
J
J A J 91%b. 90 Mar.
Pac. of Mo.—1st, ex., 4 g. 1938 F A A 98 b. 97 Mar. 100 Jan.
36
Mar.
'30 b
2d extended 5 s........... 1938 J A J 105 %b. 1023s Jan. 106 Feb.
Note—“ b ” indicates price bid ; “ a ” price ashed; the Range is made up from actual sales only.
* Latest price this week.
116% Feb.
677e Jan.
129 Feb.
106 Feb
105 Mar.
126 Mar.
110 Feb.
122% Feb.
115 Feb.
99 Feb.
114 Feb.
127% Mar.
110 Jan.
138% Feb.
05% Mar.
121 Feb.
107% Mar.
116 Jan.
105 Mar.
1053s Mar.
119 Mar.
95 Jan.
95 Jan.
118% Mar.
116% Mar.
110% Apr.
80% Jan.
82 Feb.
103 Feb.
108% Mar.
11278 Feb.
112% Feb.
111 Mar.
6678 Mar.
104% Feb.
71% Jan.
111% Mar.
96 Feb.
107% Feb.
110 Feb.
108 Jan.
71% Mar.
90 Feb.
79 Feb.
72 Feb.
67 Feb.
84 Feb.
112 Jan.
85 Feb.
100 Feb.
72% Feb.
7938 Mar.
100 Mar.
10838 Jan.
1043s ja n
109% Feb.
109 Mar.
86% Mar.
114% Mar.
113% Feb.
110 Jan.
72% Jan.
37% Jan.
119 Mar.
121 Jan.
99% Mar.
89% Mar.
66% Mar.
66 Mar.
95% Feb.
108% Mar.
22 Jan.
105% Mar.
1 I 6 Mar.
102 Mar.
1053g Mar.
96 Mar.
95% Mar.
84 Jan.
34% Mar.
104 Feb.
110 Mar.
106 Feb.
79% Mar.
97% Feb.
1123s Feb.
110% Feb.
74% J an.
100 Jan.
111 Feb.
112 Mar.
108 Jan.
83% Feb.
77% Jan.
114% Mar.
85 Feb.
87 Feb.
106 Feb.
85 Jan.
50 Jan.
104 Feb.
101% Mar.
353s Feb.
104 Feb.
93% Jan.
42% Jan.
NEW YORK STOCK EXCHANGE PRICES—(Continued).—INACTIVE BONDS—A P R IL 1.
SECURITIES.
Bid.
Ask.
SECURITIES.
B. A O. S. W., 1st, g ., 4 % s . ..l 9 9 0
Mon. Riv., 1st g., g. 5s.. . . . 1 91 9
Railroad Bonds.
Oent’lOhio Reor.—1st, 4 % s .l9 3 0
( Stock Exchange Priees.)
Ak.A Ch.Junc.—I s t ,g ,5 s ,g u .l9 3 0
Alabama Mid.—Ist, g., 6 s __ 1928
90
Bost. H. Tun. A W.—Deb. 5 s . 1913
Atlantic A Danv,—Ist g., 6s..1917
Brooklyn Elevated—2d, 3-5S .T 915
Atl. A Pac.—2d W. D., gu. 6s,. 1907
72% Bufi. Roch. A Pitts.—Gen., ö s .1 9 3 7
Balt.. A Ohio—Ist, 6s, Park B.1919 115
Roch. A Pitts.—1st, 6s....... 1921
6s, gold................... ............. 1925 '109%
do
Consolidat’d ls t,6 s.l9 2 2
Cons. mort., g o li. 5 s .......... 1988
Burl Ced. Rap. A No.—1st, 5s. 1906
* no price Friday; these are the latest quotationsjmade this week
Bid. Ask.
100%
104
99
90%
100%
118
116%
102%
SECURITIES.
Bid.
1043s Burl. Ced. Rap. A No.—(Contin’d)—
Consol. A collât, trust, 5 s ... 1 9 3 4 93*%
Minn. A St. L .^ ls t, 7s, g u .. 1 92 7
106
Iowa C. A West.—1st,7 s ... .1 9 0 9 *98
100
Ced. Rap. I. F. A N., 1st, 6S.1920 *100
1st, 5s.................................1921
101% C. Ohio—Col. ACin.M.lst,4%s.l939
Cent. RR. A Bank.—Col. g.5s.l937 81
Chat. Rome A Col.—Gtd g.5s.l937
118
Cent, of N. J.—Conv. deb., 6s. 1908
Ask.
97
95
95
90
TH E
A pril % 1892; J
C H R O N ltJL ft
555
NEW YORK STOCK EXCHANGE PRICES.—IN ACTIVE BONDS—Í Continued)—APRIL 1.
SECURITIES.
Bid.
Ask.
0«literal Pacific—Gold bds, 6s, 1895 106%
Gold bonds, 6s......................1896 108
Gold bonds, 6s......................1897 108% 110
Ban Joaquin Br., 6s..............1900 106?«
Mort. gold 5s......................... 1939 931«
Land grant, 5s, g ................. 1900 103
West. Pacific—BondB, 6s___1899 110
No Railway (Cal.)—1st, 6s. 1907
50.year 5s...........................1938 99
Ohes. & O.—Pur. M. fund, 6s. 1898 111
6s, gold, series A .................. 1908 1141s 1171«
105
Ghee. 0. & So. West.—1st 6s, g.1911
77
2d, 6s...................................... 1911
'Chicago & Alton—1st, 7s.......1893 103 is
120
Sinking fund, 6s.................. 1903
Louis. & Mo. River—1st, 7S.1900 1161« 117
2d, 7s..............
1900 115
Bt. L. Jacks. & Chic.—lst,7s.l894 1071« 109*«
1st, guar. (564), 7s............ 1894 1071«
Miss.R. Bridge—1st, s. f., 6S.1912 103
Chic. Burl. & Nor.—Deb. 6 s ...1896
Chic. Burling. & Q.—5s, s. f..l9 0 1 *1043i
Iowa Div.—Sink, fund, 5 s..1919 10414
Sinking fund, 4s.................1919 92%
Plain, 4s................................. 1921
•Chic & Indiana Coal—1st 5s. 1936 1021«
•«hi. Mil. & St. P.—1st,8s,P.D. 1898 118
2d, 7 3-10s, P. D .................. 1898 122
1st, 7s, $ g., R. D .................. 1902 127 130
123
1st, LaCrosse Division, 7s. 1893
1st, I. & M., 7s......................1897 122 124
1st, I. & D., 7s......................1899 124
lst,C . & M., 7s......................1903 *127 128
1st, I. & D. Extension, 7 s ... 1908 126
1st, La C. & Dav., 5s........... 1919 104 106
1st, H. & D., 7s.................... 1910 123 127
1st, H. & D., 5s.................... 1910 102 104
Chicago & Paoiflo Div., 6s.. 1910 118
Mineral Point Div. 5s.......... 1910 103
C. & L. Sup. Div., 5s............ 1921 1031«
117
Fargo & South., 6s, Assu.. .1924
Inc. conv. sink, fund, 5s___1916
Dakota & Gt. South., 5 s ....1916 1031«
(Mil. & Nor. main line—6 s.. .1910 113
dnic.&N.W.—30 year deb. 5s, 1921
Escanaba & L. S. 1st, 6 s ....1901 107
Des M. & Minn.—1st, 7 s .... 1907 125
Iowa Midland—1st, 8s........ 1900
Peninsula—1st, co n v .,7 s ...1898 125
Chic. & Milwaukee—1st, 7s. 1898 116
Win. & St. P.—2d, 7s............ 1907
Mil. & Mad.—1st, 6s............1905 112
Ott. C. F. & St. P.—1st, 5S..1909 1041«
Northern 111.—1st, 5s.......... 1910 1041«
©.R.I.&P.-D.M.&F. D. 1st 48.1905 *75
521«
1st, 2%s.............................. 1905
Extension, 4s.................... 1905
Keokuk & Des M.—1st, 5s.. 1923 *10016
Ohio. St. P. & Minn.—1st,6 s...1918 *1231«
St. Paul & S. C.—1st, 6s.......1919 *124
Ohio. & W. Ind.—1st, s. f., 6S.1919
General mortgage, 6s..........1932
Oin Ham. & D.—Con. s. f., s.1905
2d, gold, 4%s.........................1937 *92%
n. Jack. <fe Mac.—1st, g., 5s.1936
ev. Ak. & Col.—Eq. & 2d 6s. 1930 *89
O.O.C. & St. L., Cairo div.—4s, 1939 *90
91%
St. Lou. Div.—1stcol.ts’t4s, g. 1990 90
Bpring.&Col.Div.—lst.g. 4s. 1940
WhiteW.Val.Div.—lst,g. 4s. 1940
91
Cin. Wab. &M.Div.—lst,g. 4s. 1991 90
96
•Oin. I. St. L. & C.—lst,g.,4s.l936 94
Cdnsol, 6s..............................1920
Cin.San.&Cl—Con.lst,g.5s, 1928 107%
GL.Col. Cin. & Ind.—1st, 7s,s.f.l899 117
Consol, sink, fund, 7s..........1914
Oleve. & Mah. V.—Gold, 5 s ... 1938 105
Colorado Midland—1st, g., 6S.1936 109% 111
Columbia & Green.—1st, 6s.. .1916
2d, 6s......................................1926
©el. Lack. & W.—Convert. 7s,1892
........
Mortgage 7s........ ................. 1907 Í3Í%
a. Bing. & N. Y.—1st, 78.1906
142
rris & Essex—1st, 7s___1914 141
Bonds, 7s............................ 1900 114
7s of 1871...........................1901 120
1st, con., guar., 7 s............1915 139%
•DeL & Hud. Can.—Coupon 7s,1894 107%
Pa. Div., coup., 7s............... 1917
142
Albany & Susq.—1st, gu.,7s.l906 127%
1st, cons., guar., 6s..........1906 117
Rens. & Sar.—1st, coup., 78.1921 143 145
Denver City Cable—1st, 6 s ...1908
99%
Denv. & R. G.—Imp.,g., 5 s ...1928 *78 __
"IS. Tenn. Va. & Ga.—1st, 7s... 1900 109%
Divisional 5s.........................1930 95 101%
1st ext., gold, 5 s ..................1937 *63
73
Eq. & Imp., g., 5s................... 1938
Mobile & Birm.—1st, g.,5 s..1937
Alabama Central—1st 6s... 1918
106
'Erie—1st, extended, 7s.......... 1897 113
2d, extended, 5s....................1919 116 121
3d, extended, 4%s.................1923 107
4th, extended, 5s.................. 1920 112 113*4
5th, extended, 4s.................. 1928 102»«
Reorg., 1st lien, 6s...............1908
114
B. N. Y. & E.—1st, 7s...........1916 Í35
N.Y. L. E. &W.—Col.tr.,6S.1922 * ..... 113
Funded coup., 5s.................1969
93%
Buff. & S. w.—Mortg. 6s___1908
Jefferson—1st, go. g. 5 s ___1909 102
Coal & RR.—6s..................... 1922
Evans. & T.H.—1st,cons.,6s.. 1921
125
Mt. Vernon—1st 6 s ............. 1923 *112%
Sul. Co. Branch—1st, g., 5 s.1930
-Evans. & Indian.—1st, cons..1926
Flint & P. Marq.—Mort., 6 s .. .1920! i l 6
1st con. gold, 5s....................1939 100
Port Huron—1st, 5 s ............1839i*104 105
Fla. Cen & Pen.—1st g. 5s__ 1918! *99
Ft Worth & R. G.—1st g., 5s.»1928! ___
74
Gal. Har. & San Ant.—1st, 6s.1910; ___
»Gal. H. & 8. A.—2d mort., 7s.. 1905:*___ 104*
West. Div., 2d 6s..................1931 . . . .
S
K
SECURITIES.
Ask.
78
82%
Ga. So. & Fla.—1st, g. 6 s........ 1927
Grand Rap. «kind.—Gen. 5 s.. 1924 76
Green B. W. & St. P.—1 st 6 s..1911
37
2 d income, all subs, p a id ..........
Housatonic—Cons, g old 5 s.... 1937 103%i
N. Haven&Derby, Cons.5s..l918 103 ld è
Hous. &T. C.—Waco & N. 7S..1903 125
105
1st g., 5s (int. gtd)............... 1937
Cons. g. 6 s (int. gtd)............1912 *Í0Í%
62%
62
Gen. g. 4s. (int. gtd)..............1921
Debent. 6 s, prin. & int. gtd.1897 85
72
Debent. 4s, prin. & int. gtd.1897
105
Illinois Central—1st, g., 4 s ...1951
1st, gold, 3% s....................... 1951 93*8
Springf. Div.—Coup., 6 s---- 1898 108
Middle Div.—Reg., 5s..........1921 112
C. St. L.& N . O.—Ten. 1., 7s.1897 '112%
1st, consol., 7s....................1897 112*«
2d, 6 s...................................1907
Gold, 5s, coupon............... 1951 113% 115%
95
Memp. Div., 1st g. 4s.......1951
Dub. & S. C —2d Div., 7 s ...1894 100 106
89%
Ced. Falls & Minn.—1st, 7s..1907 *83
Ind. D. & Spr.—1st 7s, ex. cp.1906 120 121
76%
Kanawha & Mich.—Mort. 4s. 1990 75
Kan. C.Wyan.&N.W.—1 st, 5s.1938
Lake Erie & West.—2d g., 5s.1941 9678 97%
L. 8h. & M. 80.—C. P .& A —7S.1892 105 . . . .
Buff. & Er.—New bonds, 7s.1898 113%
Det. M. & T.—1st, 7s............ 1906 125
Lake Shore—Div. bonds, 7s. 1899 115 117
Mahon’g Coal R R .-ls t , 5 s. 1934 103 112
Kal. All. & G. R.—1st gu. 5S.1938 106
LehighV.,N.Y.—1st gu.g.4%s.l940 102%
Lehigh Y.Term.—1st gu 5s,g. 1941 107% 109
96
1iltclif. Car.& West.—1st 6 s. g. 1916
IiOng Island—1st, 7 s ............... 1898 117% 118
N. Y. & R’ way B.—1st, g. 5s. 1927 1 0 1 .
32
2d mortg., in c.................... 1927 20
Smithtown&Pt.Jeff—1st,7s 1901 105
Louis.Evans.& St. L.—Con.5s.1939 82% 85
111
Louis.&Nash.—Cecil. Br, 78.1907
E. H. & Nash.—1st 6 s, g ..,.1 9 l9 112
Pensacola Division, 6 s........ 1920 105
St. Louis Division, 1st, 6 s.. .1921 115
2d, 3s.................................. 1980 60
Leb. Branch Extension .. .1893
Nashv. & Decatur—1st, 7s.. 1900 113% 118
S. f., 6 s.—S. & N. Ala.............1910 *103
10-40, gold, 6 s......................1924
5 0 -year 5s, g.,....................... 1937 102 105%
Pens. & At.—1st, 6 s, gold ... 1921 103 105
Collat. trust, 5s, g ............... 1931 *102% 103%
80
Lou.N.Alb.&Ch.—Gen.m.g.5s.l940
85%
Lou. N. O. & Tex.—1st, 4 s ....1934
2d mort., 5 s .......................... 1934
Louis. St. L. & Tex.—2d g, 6 s .. 1917
Manhattan Ry.—Cons. 4s.......1990
100
Memphis & Chari.—6 s, gold.. 1924
1st con. Tenn lien, 7s.......... 1915
Mexican National—1st, g., 6 s. 1927
2d, income, 6 s, “ A” ..............1917
Michigan Central—6 s..............1909
Coupon, 5s............................. 1931
* 101
105
Mil. L. S.&W.—Conv. deb., 5 s.1907 *
120%
Ashland Division—1st, 6 s ..1925 120%
111
Incomes................................
Minu.& St. L.—1st, g. 7s.........1927 118
*115
Iowa Extension, 1st, 7s....... 1909
73
2d mortg., 7s.........................1891 *71
Southwest Ext.—1st, 7s....... 1910 *105
Pacific Ext.—1st, 6 s ............ 1921 *100 110
Impr. & equipment, 6 s.........1922 70
Minn. & Pac.—1st mortg., 5s
Minn.S. Ste. M. & Atl.—1st, 5s
Minn.St.P.&S.S.M—lstc.g.4s.l938 *85
76
M0.K.&T.—K.C.&P., 1 st, 4'8 ,g . 1990 *
89
Dal. & Waco—1st, 5s, gu..,.1940 75
90
Missouri Pacific—Trust 5 s ... 1917 ★
82%
St.L.&I. M.~Ark.Br.,1st, 78.1895 106 108
Mobile & Ohio—1st ext., 6s... 1927 *113 114%
St. L. & Cairo—4s, guar.......1931
Morgan’ s La. & T.—1st, 6 s ....1920 109%
1st, 7s........................ -.......... .1918 119%
112
Nash. Chat. & St. L.—2d, 6s.. 1901
New Orleans & Gulf—1st, 6s .1926
'104
N. O. &. No. E.—Pr. 1.. g., 6s.. 1915
N. Y. Cent.—Deb. g. 4s.......... 1905 100
102
N. J. Juno—Guar. 1st, 4 s ...1986
101%
Beech Creek—1st, gold, 4s. .1936
108
N. Y. N. H. & H.—1st, reg. 4 s.1903
N. Y. & Northern—1st, g., 5s.1927 '108
2d, 4s......................................1927 63
83
N. Y. Susq. & West.—2d, 4% s.l937 81
88
Gen. mort., 5s, g .................. 1940 87
North’n Pacific—Divid’d scrip ext. 103
105
James River Val.—1st, 6s...1936
100
Spokane & Pal.—1st, 6s.......1936
St.Paul & N. P.—Gen., 6s.. 1923 118 123
Helena&RedM’n—lst,g., 6s. 1937
102
Duluth&Manitoba—lst,g.6sl936
100
Dul.&Man Dak.Div.—Ist6s.l937
Cœur d’Alene—1st, 6s, gold. 1916
103
Gen. 1st, g., 6s.................... 1938
Cent. Washington—1st,g.,6s.l938 '100
97%
ïoo*
Norf. & Southern—1st, g., 5s.1941
Norfolk & West.—General, 6s.1931 '120
New River, 1st, 6 s ............... 1932 115
Imp. & Ext., 6s..................... 1934 '111
Adjustment M., 7s............... 1924
Equipment, 5s....................... 1908
Clinch Val. 1st 5s.................1957 93%
Scioto Val. & N. E.—1st, 4s,.1990 79 38
Ohio & Miss—2d consol. 7 s ... 1911 116% 1165s
Spring. Div.—ls t7 s ...............1905 112
General 5 s ............................ 1932 ‘ 98
97%
Ohio River RR.—1st, 5s..........1936 *95
Gen, g .,5 s......................
1937
9Ó
Oreg. Ry&Nav.—Col.tr. g. .5s. 1919
Ponn. RR.-P.C. &8. L.-lst,c. ,7s. 1900
139
Pitts. Ft. W. & C.—1st, 7s...1915:
*aNo pric-* Fridav; these are tne latest quotations made Gils ween.
Bid.
SECURITIES.
Bid.
Ask.
Pitts. Ft. W. & C.—2d, 7 s ... 1912
3d 7 s . .. . . . . .
1912 129 130
Clev. & P.—Cons., s. fd., 7s.1900 122%
Gen. 4%s, g „ “ A” ............ 1942 100
St. L. V. & T. H.—1st, 6 s., 78.1897 111%
2d, 7s.................................. 1898 *100 —
2d, guar., 7s....................... 1898
Peo.&E.-Ind.B.&W.-lst,pf.7s.l900 114
Ohio Ind.&W.—lstp ref.5 s..l9 3 8
Peoria & Pek. Union—1st, 6 s .1921 110
2 d mortg., 4%s......................1921
Pitts.C.C&St.L.—Con.g.4%sA1940
Pitts. Cleve. & Tol.—1st, 6 s ...1922 *ÍÍ2 115
Pitts. & L. Er.—2d g. 5s, “ A” . 1928 106
Pitts. Me. K. & Y.—1st 6 s.......1932
97
Pitts. Painsv. <fc F.—1st, 5 s ...1916
Pitts. Shen. & L .E .-ls t,g .,5 s .l9 4 0
Rich. & Danv.—Debenture 6s.1927 87
Equip. M. s. f., g., 5s............ 1909
Atl. & Char.—1st, pref., 7 s ..1897 *102 . . . . . .
do.
Income, 6 s-----1900
Rich.&W.Pt.Term.—6 s, ’ 97, tr. rec. 89
Col. trust 5s, 1914, tr. rec.......... . 58
Rio Gr. Junct.,1st,guar.,g.,5s.l938
Rio Grande So.—1st, g., 5 s ...1940 86%)
38%
St. Jos. <fc Gr. Is.—2d in c........ 1925
Kan. C. & Omaha—1st, 5 s ..1927
St. L. A. & T.H—2d pref. 7s.. 1894 1045s 105%
2d m.ino. 7s...........................1894 103
Dividend bonds.................... 1894 65 '66**
Bellev. & So. I l l —1st, 8S...X896 111
Bellev. & Car.—1st, 6 s......... 1923 '108 110
Chi.St.L.&Pad.—1st, gd.g.5s 1917 '100
"si"
St. Louis So.—1st, gd. g. 4s. 1931
do
2 d incom e,5s.1931
Car. & Shawt.—1st g. 4s---- 1932 *78
St.Lou.&SFr.—2d 6 s,g., cl. A .1906 114
Equip., 7 s .............................1895 100
General 5s..............................1931 95
1st, trust, gold, 5s.................1987 *83
75
Consol, guar., 4 s . .. ,............ 1990 69
Kan. City & S.—1st, 63, g ...l0 1 6
'103
Ft. S. & V. B.Bg. -1st, 6 s ... 1910
St. Paul & Duluth—1st, 5s. ...1931 '104
2d mortgage 5s..................... 1917 105
St. Paul Minn & M.—1st, 7s.. 1909
2d mort. , 6 s . . . . ......................1909 115’
Minneap. Union—1st, 6 s . .. .1922
Mont. Cen.—1st, guar., 6 s.. 1937 'Í16% 117
1st guar. g. 5s........................1937 '102% 103
East. Minn., 1st div. 1st 5s.1908 '102
97%
San Fran. & N. P.—1st, g., 5S.1919
Sav. Amer. & Montg.—1st 6s.1919 74%
South Carolina—2d, 6 s.......... 1931
So. Pac. Coast—1st, guar.,4s. 1937
Ter.RR. As’n of St.L.- Ist,4%s.l939
Texas Central—1st, s. f., 7 s ... 1909
1st mortgage, 7s.................. 1911
Texas &New Orleans—1st,7s. 1905 110
Sabine Division, 1st, 6 s .......1912 103
Tex. & Pac., E. Div.—1st, 6s.1905 100 ___
115
Third Avenue (N.Y).—1st 5s, 1937
92
93%
Tol. A. A. & Cad.—6 s............1 9 1 7
90
Tol. A. A. & Mt. PL—6 s.......... 1919
Tol. A. A. & N. M.—5s, g........ 1940
Ulster & Del.—1st, con.,6 .,5s. 1928 100
Union Paoiflo—1st, 6 s............. 1896 107
1st, 6 s...................................1 8 9 7 108% _rp.n
1st, 6 s . . . ................................1898 110
Collateral Trust, 6 s..............1908 101 102%
Collateral Trust, 5s..............1907 85
Kansas Pacific—1st 6 s, g ...l8 9 5 106%
1st, 6 s, g ............................. 1896 108%
wm
C. Br. U. P.-*-F. c., 7s..........1895 100
85
Atch. Col. & Pac.—1st, 6 s...1905 84
Atch. J. Co. & W.—1st, 6 s... 1905
U. P. Lin. & Col.—1st,g., 5s. 1918 *75
Oreg.S.L.&U.N.,col.trst.,5s.l919 *75
81
Utah & North.—1st, 7s........ 1908 '106 108
Gold, 5s...............................1926 *85
Utah Southern—Gen., 7 s ...1909 '104 106
Extern, 1st, 7s.................. 1909 '104 105
Valley R’y Co. of O.—Con. 6s.1921
Wabash—No. Missou—1st, 7s.1895 107% ___
St.L.K.C.&N.—R.E.&RR.7S.1895 104% 3.04%,
St.Charles Br’ge—1st,6 s.. .1908 104 .........
West. Va. C. & Pitts.—1st, 6 s. 1911
Wheel.&L.E—1st. 5s, gold ... 1926 103
94
Extension & Imp, g., 5s.......1930
M is e e lla n e o u s B o m i s .
Amer. Water Works—1st 6 s ..1907
1st cons. 5s, g ....................... 1907
Cahaba Coal Min.—1st g. 7s.. 1907 108 112
Chio.Jun.&S.Yds.—Col.t.g,5s,19l5
Colorado Fuel—Gen. 6 s ........ 1919 102
Col. & Hock. Coal &I.—6 s ,g ..1917 97
Consol’n Coal—Convert. 6 s...1897 i 103%
Cons. Gas Co., Chic.-lstgu.5s.1936 84
Denv. C.Wat.Wks.—Gen.g. 58.1910
Det.Un.Depot&Stn—1st g. 4s.l938
Edison Elec. 111. Co.—1st, 5 s.1910
99=8
Equitable G. & F.—1st 6 s.......1905
Henderson Bridge—1st g. 6 s. 1931 106
Hoboken Land & Imp.—g. 5s. 1910
Mutual Union Teleg’h—6 s, g.1911 107
Nation’! Starch Mfg.—1st, 6s,1920 102 103
Northwestern Telegraph—7«, 1904 103%
People’ s Gas & Coke ( 1st g.6s,1904 105% ____ 9
101
Co., Chicago........ > 2d g. 6s,1904
__ ,,
Peoria Water Co.—6 s, g..........1919 102
Pleas. Valley Coal—1st g. 6 s. 1920 97% 101
Proctor& Gamble—1st,g.,6 s.1940
117%
West. Union Tel.—7 s ... 1875-1900
Wheel.L.E.&P.Coal—lst,g.5s.l919
85
83
U n listed. B o n d s ,
95
Ala.&Vicks.-Consofc5g.,1921.A&0 92
Vicks. & Merid.,lst 6 s, 1921.A&0 99 102
Atlanta & Chari.—1st 7s,1907.J&J 117 121
Comstock Tun.—Inc.4s, 1919.M&N 21
25
Georgia Pac.—1st 6 s, 1922__ J&J
99
98
59
Consol. 5 g., 1923................. A&O
14
Income 5s ..................................
12
73
Little R.&Mem.—1st 5g,1937.M&S 72
Mem.&Charl.—Cods.7 g..l915. J&J 112 118
556
TH E
C H R O N IC L E
R o ad s.
AND
Railroad
% n h lliQ z n tz ,
The I n v e s to r s ’ S u p p l e m e n t , a pamphlet o f 150 pages,
contains extended tables o f the Stocks and Bonds o f Rail
roads, and other Companies, with remarks and statistics con
cerning the income, financial status, etc., o f each Company.
I t is published on the last Saturday o f every other month—
viz., January, March, May, July, September and November,
and is furnished without extra charge to all regular sub
scribers o f the C h r o n ic l e .
- The General Quotations o f Stocks and Bonds, occupying
six pages of the C h r o n ic l e , are published on the t l iS r d
S a tu rd a y o f each month.
RAILROAD EARNINGS.
Latest Earnings Reported.
R oads .
Week or Mo
Allegheny Val.. February.
AtCh.T. &B. Fe. 3d wk Mch
JHail ow ned... 3d wk Mch
Total system. 3d wk Mch
B tL.& SanF.. 3d wk Mch
H alf owned.. 3d wk Mch
Tot.8.L.&S.F. 3d wk Mch
Agg. total .. 3d wk Mch
Atlanta & Char.* January...
Atlanta & Flor’ a December.
Atlanta AW .Pt. February..
B.&O.EastLines February..
Western Lines February..
T o ta l.......... February..
Bal.&O.Southw. 3d wk Mch
Bath & Ham’nds January...
Bir. & Atlantic. February..
Bir.Sh.&Tenn.R January...
Buff. Roch. A*Pitt 3d wk Mch
Bnr.C.Rap.&N. 3d wk Mch
Oamden &Atl. January...
Canadian Pacific 3d wk Mch
Op.F’r&Yad.Val December.
Ci^.Cuih.G&Ch. J anuary...
Cat1. Midland... January...
Central of N. J.. December.
Central Pacifl o.. November.
Central of S.C.. January...
Char.Cin. &Chic February..
Charlest’n & Say January...
Char. Sum.& No. February..
Oheraw. & Dari. J anuary...
Cheraw. & Salish January...
CJhes. & Ohio.... 3d wk Mch
Ches.O. & 8. W. December.
Chic. Bur. & No. January...
Chic. Burl. & Q. February..
Chic.* East. 111. 3d wk Mch
Chicago & Erie. J anuary...
Chic.Mil. & St.P. 3d wk Mch
Chic. &N’thw’n. February.
Ohlo.Feo.&S.L.t 3d wk Mch
Chic.R’kI.&P... February.
Ohio. St.P. &K. (j. 2d wk Mch
Ohio.St.P.M.&O. February..
Ohio. & W. Mien. 3d wk Mch
Cln.Oa. A Ports. February..
Cin. Jaok & Mac. 3d wk Mch
Oln.N. O .&T.P. 3d wk Mch
Ala. Qt. South. 3d wk Mch
N. Orl. & N. E. 3d wk Mch
Ala & Vicksb. 3d wk Mch
Vicas. Sh. &P. 3d wk Mch
Erlanger Syst. 3d wk Mch
Otnn.Northw’n. February..
O n. Ports. & V.. February..
Col. & Maysv. February..
On.Wab.&Mich. February..
Oev.Akron&Coi 3d wkMch
Clev. & Canton.. December.
CUJin.Ch.&B.L 3d wk Mch
Peo. &. East’n. 3d wk Mch
O e v . & Marietta February..
Color. Midland.. 3d wk Mch
Col. H. V. & Tol. February..
Ool.Shawnee&H 3d wk Mch
Colusa & Lake.. February,.
Conn. R iver___ February..
Current River.. 3d wk Mch
Denv. & Rio Or. 3d wk Mch
Des M. No. & W February..
Det.Bay C.&Alp February..
Det.Lans’ g & No 3d wk Mch
Duluth P.S.&Ati 3d wk Mch
Duluth & Winn. February..
E.Tenn. Va. &Ga. 3d wk Mch
Elgin Jol.&East. February..
Filiz.Lex.&B.S..- January...
Evans.&Ind’plis 3d wk Mch
Evansv. & T. H. 3d wk Mch
Fitchburg.......... January..'
Flint. & P. Mara. 3d wk Mch
Florence............ January...
Flor. Cent.* P. December.
Ft.W . & Rio Gr. 2d wkMch
Oa. Car’la & No. January...
Georgia RR...... February..
Geo. So. <fcFla.. February..
Georget’n&W’i. January...
Gr.Rap. & Ind.. 3d wk Mch
Cin.R.AFt. W. 3d wk Men
Other lines. ..I 3d wk Mch
Total all lines. 3d w Mch
Grand Trunk... WkMar.26
Ohio AsGr.Tr. Wk Mar. 19
Jan. 1 to Latest Date.
1891-2.
1890-1.
1891-2. I 1890-1.
193,008
537,425
29,436
566,862
116,956
28,872
145,827
712,689
60,560
15,593
47,728
1,385,211
479,848
1,865,059
48,480
1,438
3,304
19,055
46,910
93,466
33,676
349,000
42,590
2,646
4,169
1,155,408
1,401,127
8,812
13,500
62,864
16,721
6,468
1,797
145,467
202,781
150.077
3,068,385
86,601
238,056
617,926
2,266,183
25,739
1,321,438
86,583
637,598
34,315
4,274
13,254
66,741
27,706
18,755
10,069
7,823
131,094
1,588
16,559
1,016
60,887,
17.971
55,838
248.077
35,121
23,781
34,162
222,366
10.972
1,550
84,073
2,171
154,500
33,635
29,611
21,029
40,537
10,717
123,091
62,953
41,596
7,032
24,101
531,240
69,488
2,964
177,488
6,253
12.164
145,340
63,138
4,109
49,639
9,818
4,631
64,088
393,437
81.967
$
175,484
575,138
31,404
606,543
119,062
30,813
149.875
756,418
80,481
14,503
40,846
1.305.020
404.000
1.709.020
45.554
1,634
4,211
16,251
49,315
69,889
40,246
341.000
46,103
3,618
6,769
1,176,896
1,390,900
11,265
14,197
77,415
10.843
13,464
3,153
148,174
209,932
164,800
2,237.904
86,286
188.876
507,268
1,707,841
21,243
1,022,872
82,732
457,246
29.555
3,702
14,858
75,573
33,338
17,332
11,388
10,064
147,695
2,116
13,472
860
43,414
16,643
54,110
252.265
33,255
21,577
35,209
180,574
8,214
1,930
73,989
2,659
138.000
25,819
42,351
19,907
27,576
5,398
143,931
49,666
60,740
6,852
23,174
536,067
64,822
6,105
143,124
3,224
11,320
179,170
59,785
4,030
44,792
9,068
4,136
57,995
390,531
77,293
$
$
*
370,566
373,500
6.454.626 6,035,645
348,973
329.623
7.009.220 6,409.847
1,351,347 1,280,308
342,070
322.886
1,689,811 1,610,347
8,699,030 8,020,193
60,560
80,481
119,530
130.783
84,607
93,558
2,920,622 2,751,005
989,545
861,468
3,910,167 3,612,473
. 564,527
487,716
1,438
1,634
6,059
9,864
19,055
16,251
608,197
519,722
916,857
742,765
33,676
40,246
4,127,471 3,690,715
583,357
555,209
2,646
3,618
4,169
6,769
14,201,767 13,663,726
15,504,798 14,683,529
,
8,812
11,365
27,112
24,639
62,864
77,415
29.721
21,380
6,468
13,464
1,797
3,153
1,861,249 1,722,259
2,339,016 2,161,684
150,077
164,800
6,077,184 4,567,734
843,085
812,474
238,056
188.876
6.566,680 5,260,028
4,502.885 3,601,247
277,140
216,529
2,613,983 2,120,359
898,287
700,825
1.267.627
942,982
361,227
317,198
8,816
8,203
141,481
167,645
908,671
907,933
406,436
403.877
272,802
249,928
145,853
140,373
136,192
139,485
1,870,044 1,841,596
3,069
3.687
31,065
30,146
1,787
1,531
113,044
87,489
188,772
186,416
718,558
581,013
2.832.221 2,789,163
379,988
331,180
49,416
51,629
420,534
410,160
469,965
389,872
135,202
89,190
2,975
3,671
162,224
155,954
31,862
33,580
1,879,335 1,594,843
63,911
* 47,433
58,690
89,273
231,951
229.509
381,020
320,680
21,345
10,782
1,599,546 1,830,110
128,799
95,963
41,596
60,740
76,358
70,471
256,653
246,211
531,240
536,067
708,886
664,262
2,964'
6,105
1,497,306 1,212,437
55,339
40,129
12,164
11,320
262,091
372,258
123,838
123,159
4,109
4,030
503.660
470,244
99,562
93,947
46,274
45,775
649,496
609,965
4,222,321 4,067,993
830,705
806.886
[V
Latest Earnings Reported
Week or Mo
Gr. Tr.—(Con.)—
Det.Gr.H & M. WkMar.19
Great North’n —
St. P. M. Ac M. February..
East, o f Minn. February..
Montana Cent. February..
Tot. system. February..
Gulf & Chicago. February..
Hoiisatonic....... January...
Humest’n &Shen February..
Hutch.&South’n February..
Illinois Centr’l . . February..
Ind.Dec.&West. February..
In. AsGt.North’ n 3d wk Mch
Jlnteroc. (Mex.) WkMar.12
Iowa Central... 3d wk Mch
Iron Railw ay... February..
J’k’nv.T.&K.W. February..
Ranawha&Mich 2d wk Mch
Kan. C. Cl. AsSp. 3d wk Mch
K.C.F.S. AsMem. 3d wk Mch
K.
C.Mem.
3d&Bir.
wk Mch
Keokuk Ac West. 3d wk Mch
L. Erie All. As So February..
L. Erie Ac West . 3d wk Mch
Lehigh* Hud.. February.
L. Rock Ac Mem. 3d wk Mch
Long Island___ 3d wk Mch
Louis. AcMo.Riv. December.
Louis.Ev.&St.L. 3d wk Mch
Louisv. &Nashv. 3d wk Mch
Louis. N. A * Ch. 3d wk Mch
Louisv.N.O. &T. 3d wk Mch
Lou. St.L.*Tex. 3d wk Mch
Lynchb. &Dur’m January...
Memphis & Chas 3d wk Mch
{Mexican Cent... 3d wk Mch
{Mex. National. 3d wk Mch
{Mexican R’ way Wk Feb. 27
Mil.L.Sh.&West 4th wk Dec
Milwaukee &No 3d wk Mch
Mineral Range.. February..
Minneap. &St.L. February..
M. St.P. &S.S.M. February .
Mo.Kan.&Tex.ft 3d wk Mch
Mo.Pac. &IronM 3d wk Mch
Mobile & Birm .. November.
M obile* Ohio.. February..
Monterey&M. G. February..
Nash.Ch.&StL.c Iebruary..
N. Jersey &N.Y. December.
New Orl. & So’n February..
N. Y. C.& H .R .. February..
RomeW. & Og. February..
Tot. both rds. February..
N. Y. L. E. & W. February..
N. Y. Pa. & Ohio January...
N. Y .& N .E ng.. December.
N. Y. & North’n. February..
N. Y.Ont & W.. 3d wk Mch
N.Y. Susq.& W.. February..
Norf. & South’n. January...
Norfolk* West.. 3d wk Mch
N’theast’n (S. C.) January...
North’n Central. February..
Northern Pacific 3d wk Mch
Wis. Ct. Lines. 3d wk Mch
N.P.& W.Cent. 3d wk Mch
Ohio & Miss....... 3d wk Mch
Ohio River........ 3d wk Mch
Ohio Southern.. February..
Omaha & St. L.. J anuary...
Oregon Imp. Co. January...
Pennsylvania .. February..
PeonaDec.&Ev. 3d wk Mch
Petersburg....... January...
Phila. & Erie... January...
Phila. & Read’g. February..
Coal&IronCo. February..
TotalbothCos. February..
Pitts. Mar. & Ch. February..
Pitt.Shen.*L.E. December.
Pittsb. & West’n January...
Pitts.Clev.&T. January...
Pitts.Pain.&F. January...
Total system 3d wk Mch
Pitt.Young.*A. February..
Pt. R oy a l* Aug. January...
Pt.Roy.&W.Car. January...
Pres.*Ariz.Cen. December.
Quincy O.&K.C. February..
Rioh.&Danvilie. January...
Vir. Midland.. January...
Char. Col.&Au. January...
Col. & Greenv. January...
West. No. Car. January...
Georgia P a c.. J anuary...
Wash.O.* W.. January...
Ashv. & Spart January...
Total Sys’m. 3d wk Mch
Rich. & Petersb. January...
Rio Gr’de South. 3d wk Mch
Rio Gr. West... 3d wk Mch
Sag.Tuscola&H. February.
St.li. A.&T.H.B’e 3d wk Mch
St.L.Southw’rn. 3d wkMch
8t.Paul&Durtb February..
8. Fran.&N.Pao 2d w k Mch
Sav. Am. & Mon. February.
Sav.Fla. * West. December
Siiverton.......... February..
Sioux C ity* No . February,
South Bound... i anuary...
South Carolina. February.
So. Pacific Co.—
Gal.Har.&S.A. January..
Louis’a West.. J anuary...
Morgan’ sL&T. January...
N .Y .T.& M ex January...
Sex. & N. Orl January...
Atlantic sys.cf. January,.
Pacific system January...
Total of all.. January...
Bo Pao. RR.—
Coast Div. (Cal; December
tto. Div. (Cal.) December
Arizona D iv.. December
1891-2.
23,733
1890-1.
$
21,451
868,609 534,337
57,906
40.614
86,531
81,075
1,013,045 656,026
3,529
3,099
102,537 106,113
13,000
12,247
7.332
4,925
1,526.082 1,408,310
37;468
33,232
54,644
62,684
40.200
41,371
39,456
2,383
2,628
91,263
90,820
5,744
5,083
4,339
5,588
84,851
88,192
17,482
24,503
8,39±
7.344
6,398
4.809
64,402
60,2i2
31,135
27,654
9,214
12,309
63,829
61,231
38,293
30,2 8
28,876
24,593
353,070 352,455
56,994
50,406
57,581
65,n 70
8,949
8,003
10,789
10,591
22,470
28,169
132,867 123,348
84,487
81,786
67,326
93,011
72,118
64,495
29,701
29,417
10,100
8,227
150,832 112,373
190.000 135,511
131,748 147,148
430.000 412,000
30,240
28,844
304,478 287,095
87,041
74,698
434,707 292,523
24,268
21,345
11.288
12,261
3.208,234 2,732,996
297,181 287,389
3,505.415 3,020,385
2,278,623 2,054,103
533 998 499.438
500,014 482,779
39,832
32,742
52,014
53,803
113,851 101,535
29,896
172,783 189,472
62,544
86,811
576.044 473,580
403,732 408,228
89,219
92,490
432,951 500,718
87,021
90,483
12,425
12,053
53,736
44,263
52,048
?3,626
295,778 308,361
5,207,097 4,739,320
16,801
16,624
37,559
43,147
359,675 352,602
1,788,774 1,470,917
1,778,028 1,145,647
3,566,802 2,616,564
'3,159
3,138
30,794
22,815
91,819 107,049
29,371
38,047
15,116
15.589
38,758
36,532
88,063
50,574
21,206
43,875
19,306
46,903
9,567
11,088
24,647
19,670
432.900 526,900
141,500 183.300
68.500
95,700
71,600
90,900
82,500
63.500
182.900 168.300
9,900
9,720
14,OoO
11,700
263,970 291.480
25,368
24,243
2,567
10,546
39.200
42,400
6 ,8 8 0
6.762
26,230
26,750
60,444
77,276
132,623
95,140
10.579
12,303
41,354
36,164
315,691 359,044
3.763
nil
31,846
33,0u0
10.500
156,800 176,916
ol.
Lit.
Jan. 1 to Latest Date.
1891-2,
$
235,890
1890-1.
222,142
1,667,554 1,189,199
81,257
119,988
179,274
183.606
1,971,147 1,449.730
6,457
6,008
106,113
102,537
25,979
27,800
11,335
13,479
3,030,914 2,924,492
73,447
81,661
153,799
734,348
430,704
4,685
177,41 8
62.243
65,209
1,118,688
264 903
90,884
12.501
732.017
58,327
152.136
653,169
480.298
239.582
4,532,131
591.103
893.680
144,380
10,789
337,769
1,610,919
875.363
519.057
3,527,714
325.776
20,400
277,757
415,285
1,673,836
5,582,178
256.364
586,404
164,934
832,585
293,892
24,430
6,272,585
554,691
6,827,275
4,465,193
533,998
6,229,030
75,279
567,490
227,783
29,986
2,021,633
62,544
1,125,954
4,233,610
1,031,748
5,265,358
965,639
126,826
117,397
52,048
295,778
10,226,»3i
192,359
37,559
359,675
3.515,988
3,310,069
6,826,057
6,261
337,440
94,819
,38,047
15,116
463,809
167,032
21,206
19,306
139,443
49,604
432.900
141,500
68.500
71,6u0
63.500
182.900
9,720
11,700
2,919,210
24.243
111,841
450.137
14,154
314,308
919.057
254.025
132,066
69,200
3,288,862
6,230
68,089
10.500
271,390
375,681
5,931
169,985
54,161
68,868
999,500
267,080
82,283
10,410
655,449
59,455
169,959
625,304
415,213
302,244
4,191,986
525,762
866,649
94,923
10,591
378,049
1,483,429
919,065
670,322
3,848,568
334,148
18,132
222,079
286,185
1,763,097
5,089,673
243,060
610,180
148,103
650,236
265,400
¿0,276
5,740,848
598.374
6,339,222
4,226,682
499,438
6,029,127
65,967
556.374
216,623
1,846,897
86,811
969,142
4,398,391
968,301
5,366,692
904,463
122,506
96,083
33,626
308,361
10,051,795
187,711
43,147
352,602
3,183,007
2,589,408
5,772,415
6,805
262,295
107,049
29,371
15,589
408,901
109,382
43,875
46.903
134,595
42,150
526,900
183.300
95.700
90.900
82,500
168.300
9,900
14,000
3,132,710
25.368
31.904
453,218
13,195
306,843
902,745
185,839
121,307
82.701
3,038,473
10,788
65,795
354,662
341,165
359,427
359,427 341,165
87,088
96,668
87,088
96,668
605,234
473,898
473,898 605,234
14,326
18,530
18,530
14,326
124,915
132,668
132,668 124,915
1,099,432 1,18)2,218 1,099,432 1,182,218
2,417,000 2,670,973 2,417,000 2,670,973
3,516,431 3,853,191 3,516,431 3,853,191
170,154
646,594
156,969
149,380 2,345,665 2,389,048
456,854 6,934,159 6,407,422
150,385 2,028.6b9 2,000,594
A pril 3, 1892.]
Roads.
TH E
Latest Earnings Reported.
Week or Mo 1891-92.
So.Pac.RR.- Con
$
New Mex. Div. December.
78,492
Spar. Un. A Col January...
8.C08
Staten Isl. R. T. February..
56.869
BtonyCLACMt.. January...
1,107
Summit Branch. February.. 104,051
Lykens Valley February..
73,533
Tot’l both Co’ s February.. 177,584
Tenn. Midland.. February..
15,758
Texas A Pacific 3d wk Moh 102,967
Tex.8.Va)AN.W. February..
4,355
SOL A. A. A N. M February..
75,793
SoL Col. A Cin. 3d wk Mch
5,375
Sol.A Ohio Cent. 3d wk Mch
21,«14
Sol.P. A West.. 3d wk Moh
22,998
Sol. St. L.&K.C. 3d wk Mch
40,198
Tel. & So. Haven January...
1,532
Ulster <k Del___ January...
20,030
Union Paoifle—
Or.S.L. AU.N. January... 483,748
Or.By.AN.Co. January... 284,819
Un.Pao.D.AG. January... 443.044
24,576
Bt.Jo.AG’dIsl. 3d wk Mch
Alloth. lines.. January... 1,742,244
Tot.U.P.8 ys. January... 3,050,468
Oent.Br.AL.L. January... 115,501
Tot. cont’led January... 3,165,969
91,220
Montana Un.. January...
2.082
Leav.Top. & 8. January...
3.015
Man. Al. A Bur. January...
96,317
Joint, own’d,.. January...
Grand total. January... 3,214,128
13,556
Vermont Valley February..
Wabash.............. 3d wk Mch 266,000
Wab. Chest. AW. O ctober...
7,431
West Jersey...... January...
83.869
81,752
W.V.Cen.APitts. February..
22,761
West Vir.<fcPitts. October...
Western o i Ala. February..
45,931
West.N.Y. A Pa. 3d wk Moh
61,400
Wheeling A L. E. 3d wk Moh
25,184
Wil. Col. A Ang. January ..
70,327
Wrightsv.ATen. February..
5,876
C H R O N IC L E
Jan. 1 to Latest Date
1890-91
1891-92.
S
it
632,663
473,857
389,060
16,181
1,480,370
3,025.792
44,714
3,070,506
84.607
2.108
3.026
89,741
3,115,377
12,030
236,000
7,088
93,089
82,124
12,550
51,029
63,800
23,065
107,122
8,730
483,748
284,819
443,044
244,993
1,742,244
3,050,468
115,501
3,165,969
91,220
2,082
3,015
96,317
3,214,128
25,859
2,994,010
57,073
83,869
163,028
161,059
85,753
702,953
265,769
70,327
ll,3 u 3
73,362 1,049,260
14.050
8,608
112,259
57,128
1.107
1,107
91,872
196,174
63,786
147.649
155,657
343,823
12,628
28,418
102,606 1,424,517
3,195
7,945
70.054
154,114
6,173
63,837
26,396
283,928
17.607
232,758
32,667
442,003
1,713
1,532
19,665
20,080
632,663
473,857
389,060
152,463
1.480,370
3,025,792
44.717
3,070,506
84,607
2.108
3,026
89,741
3,115,377
24,525
2,650,483
51,782
93,089
173,900
93,038
112,560
721,750
244,245
107,122
17,830
Latest Gross Earnings by Weeks.—The latest weekly
earnings in the foregoing table are separately summed up as
follows:
For the third week of March the returns have been rather
irregular—probably because of unfavorable meteorological
influences, and the gain on the 87 roads which contribute re
turns to the statement below is therefore only $ 100, 959, or
1*52 per cent.
1892.
1891.
Increase.
$
?
Prev’ly report’d (27roads) 3,770.478 3,572,845
Atcbison Top. A S. F e ...
537,425
575,133
Roads j ’tly owned 13..
29,436
31,404
St. Louis A 8 . Fran........
116,956
119,062
Roads j’tly owned 1a.
28,872
30,813
Burlington C. R. A N o...
93,466
69,889
Chicago A East. Illinois .
86.601
86,286
‘ Chicago A Grand Trumr.
81.967
77,293
Chicago A West Michigan
34,315
29,555
Cin. Jackson AMaokinaw
13.254
14,858
Cin.N.O. AT.Pao.(5 roads)
131.094
147,695
Cleveland Akron A Col.. .•
17,971
16,643
Cleve. Cin. Chic. A St. L.
248,077
252,265
Peoria A Eastern..........
35,121
33,255
Colorado Midland........ ..
34.162
35,209
Col. Shawnee A Hocking.
10,972
8,214
Current River..................
2,171
2,659
‘ Detroit Gr. H. A M il.... ~ 23.733
21.451
Detroit Lans. A Northern
21,029
19,907
East TennesseeVa. A Ga..
123.091
143,931
Evansv. A Indianapolis.
7,032
6,852
Evansv. A Terre Haute..
24,101
23,174
Flint A Pere Marquette..
69,488
64.822
Grand Rapids A Indiana.
49.639
44,792
Cincinnati R. A Ft. W
9,818 .
9,068
Other lines..................
4,631
4,136
Int. A Gt. Northern___
54,644
62,684
Iowa Central. ..............
41,371
39,456
Kansas City Clin. A Spr..
4,339
5,588
Kan. City Ft. 8 . A Mem...'
84.851
88,192
Kansas C. Mem. A Birm. *
17,482
24,503
Keokuk A Western..........
8,391
7,344
Lake Erie A W estern....
64,402
60.242
Little Rock A Memphis..
9,214
12,309
Louisv. Evansv. A St. L ..
28,876
24,593
Louisville A Nashville...
353,070
352,455
Louis. N. Albany A Chic.
56,994
50,400
Memphis A Charleston...
22,470
28,169
New York Ont. A W est...
52.014
53,803
Norfolk A Western.........
172,783
189,472
Ohio A Mississippi..........
87,021
90,483
Ohio River........................
12,425
12,053
Peoria Decatur A Evansv.
16,801.
16,624
Bich. A Danv. (8 roads)..
263,970
291,430
Bio Grande Southern___
10,546
2,567
St. Joseph A Gr. Island..
24,576
16,181
St. L. Alt. A T. H. Brcnes.
26,230
26,750
St. Louis Southwestern.
60,444
77,276
Toledo Peoria A Western
22,998
17,607
Western N. Y. A Penn..
61,400
63,800
$
242,331
Total (87 roads)........... 7,162,212 7,055,253
Vet increase (1*52 p. e.)..
* For week ending March 19.
337,850
106,959
23,577
315
4,674
4,760
1,328
1,866
2,758
2,232
Decrease
Í
44.748
37,713
1.968
2,106
1,941
1,604
16,601
4,188
1,047
483
1,12 2
180
927
4,666
4,847
750
495
1,915
i,047
4,160
4,283
615
6,583
372
177
7,979
8,396
5,391
20,840
8,040
1.249
3,341
7,021
3,095
5,699
1.789
16,639
3,462
27,510
520
16,832
2,400
230,891
The following will furnish a comparison of the weekly re*
suits for a series o f weeks past.
WEEKLY GROSS EARNINGS.
.— I n c r e a s e ^
Period and number o f roads 1891.
1890.
Amount.
included.
$
$
g
$
P .tt.
3d week o f Deo. (85 roads). 8,175,305 7,624,962
550,343 7*22
1,030,951 4th week of Deo. (90 roads). 10,926,422 10,187.477
738,945
7-25
14.056
1892.
1891.
112,267 1st week of Jan. (80 roads). 6,498,987 6.066,871
432,116 7*12
1.107 2d week of Jan. (81 roads). 6,697,316 6,372,434
324,882 5*10
205,759 3d week of Jan. (87 roads). 6,595,301 6 .7 7 5____
.H45 do.180.344 2 66
6,775.845
138,572 4th week of Jan. (87 roads). 9,671,460 9,639,270
32,190 0*33
344.329 1st week of Feb. (87 roads). 7,225,963 6,511,412
714,551 10-97
30.057 2d week of Feb. (88 roads). 7,390,049 6,880,676
509.373
7*40
1,447,665 3d week of Feb. (87 roads). 7,292,175 6,839.270
452,905 6-62
6,348 4th week of Feb. (87 roads). 8,484,252 6,962,259 1,521,993 21-86
144.310 1 st week of Mch. (87 roads). 7,362,194 6,596,050
766.144 11-62
67,738 2d week of Mch. (87 roads). 7,347,363 6,830,163
517,200 7-57
275.839 3d week of Moh. (87 roads). 7,162,212 7,055,253
108,959
1-52
196,980
335,356
Net Earnings M onthly to Latest Dates.—The table fol
1,713 lowing shows the net earnings reported this week. A full
19,665
1890-91.
* Figures cover only that part of mileage located in South Carolina
t Earnings given are on whole Jacksonville Southeastern System
b Kansas City A Paoifle lnoluded in both years, c Western A Atlan
tic Included in 1892, but not In 1891.
d Inoludes earnings from fer
ries, etc,, not given separately, i Mexican ourrenov.
3if week o f March .
557
detailed statement, including all roads from which monthly
returns can be obtained, is given once a month In these
columns, and the latest statement of this kind will be found
in the C h r o n ic l e of March 19, The next will appear in the
issue of April 28.
1Vet Earnings
Gross Earnings.---- ,
Roads.
1892.
1891.
1892.
1891.
Atoh. Top. A 8 . Fe.—
8
$
$
$
Total Atch. sys.-b.Feb. 2,622,018 2,217.129
543,882
519,543
Jan. 1 to Feb. 2 9 ... 5,242,613 4,690,977 1,058,602 1.058,254
July 1 to Feb. 29...24,732,438 22,636,279 7,576,382 6,232,704
Tot. S.L.AS.F.Sys.bFeb.
639,250
569.112
190,091
183,434
Jan. 1 to Feb. 2 9 ... 1,238,783 1,182,358
339.815
853,607
July 1 to Feb. 2 9 ... 6,069,619 5,749,035 2,330,573 2,107,486
Atch. A San Fran. bFeb. 3,261,268 2,786,241
733,953
702,978
Jan. 1 to Feb. 2 9 ... 6,481,396 5,873,335 1,898,417 1,411,862
July 1 to Feb. 29...30,802,057 28,385,315 9,906.955 8,340,194
Buff. Roob. A Plttsb.Feb.
230,399
180,355
60,668
39,724
Jan. 1 to Feb. 2 9 ...
467,290
371,777
3 26.854
75,882
Julv 1 to Feb. 2 9 ... 1,960,926 1,598,207
613,928
404,197
Canadian Paoifle.a..Feb. 1,456,369 1,338,494
402.160
836.821
Jan. 1 to Feb. 2 9 ... 3,065,471 2,703,715
934,312
666,516
Chesai>eakeAOhio.a.Feb.
705,135
623,073
175.886
156,971
Jan. 1 to Feb. 2 9 ... 1.408,876 1,277,737
330,856
309,736
July 1 to Feb. 2 9 ... 6,210,901 5,389,405 1,633,954 1,461,670
Chic. Burl. A Quin.b.Feb. 8,068,385 2,237,904 1,082,986
607,520
Jan. 1 to Feb. 2 9 ... 6,077,184 4,567,734 2,022,474 1,222,269
Ohio. Mil. A St.PaulaFeb. 2,304,102 1,873,992
583,923
412,598
Jan. 1 to Feb. 2 9 ... 4,725.019 3,825,188 1.263.445
931,512
July 1 to Feb. 29...22,278,055 19,021,609 8,322,345 6,561,411
Olev.Cin. C. A 8t. L. .aFeb. 1,042,975
986,595
283,011
268.499
Jan. 1 to Feb. 2 9 ... 2,088,361 2,083,492
560,035
562,566
July 1 to Feb. 29 .. 9,400,573 8,950,305 2,808,162 2,645,984
701,993
Denv. A R. GrandebFeb.
556,215
305,684
150,271
Jan. 1 to Feb. 2 9 ... 1,428,335 1,207,843
615,243
330,124
Julv 1 to Feb. 2 9 ... 6,046,755 6,192,776 2.616.446 2,473,580
150,262
Iowa Central.b........ Feb.
146,059
41,614
64,735
Jan. 1 to Feb. 2 9 ...
824,218
273,400
91,357
92,977
July 1 to Feb. 2 9 ... 1,348,970 1,211,466
436,667
391,290
Kan.C. Ft.8. AMem.aFeb.
420,344
374,229
104,525
93,837
842,080
741,353
Jan. 1 to Feb. 2 9 ...
201,955
186,563
Julv 1 to Feb. 2 9 ... 3,423,356 3,212,992 1,041,349
910,618
Kan.C. Mem. A Bir.aFeb.
106,282
94,385
31,644
11,332
2 5,769
Jan. 1 to Feb. 2 9 ...
201,190
50,459
38,636
July 1 to Feb. 2 9 ...
855,299
833,785
212,919
219,017
Louisv. A Nashville bFeb. 1,784,656 1,529,781
690,710
595,233
Jan. 1 to Feb. 2 9 ... 3,366,240 3,120,296 1,13 <,862 1,181,091
July 1 to Feb. 2 9 ... 14,427,413 13,154,672 5,151,329 4,974,860
Mexican National ...F eb.
321,813
338,273
97.496
104,675
Jan. 1 to Feb. 2 9 ...
644,526
683,874
184,345
195.499
N.Y.L.E.AWestern.cFeb. 2,278,623 2,054,403 *653,767 •’688,142
Jan. 1 to Feb. 2 9 ... 4,465,193 4,226,682 1,113,004 1,265,394
Oct. 1 to Feb. 29...12,664,925 11,831,479 ‘ 3,825,423 *3,833,250
770,012
Norfolk A West’ n. a . Feb.
625,634
204,503
169,478
Jan. 1 to Feb. 2 9 ... 1.470.954 1.321,137
372,258
357,480
576,044
Northern Central.b.Feb.
473,580
185,383
131.921
969,142
Jan. 1 to Feb. 2 9 ... 1.125.954
263,773
318,319
162,361
153,395
Rio Grande West’n .bFeb.
45,501
46,069
345,637
Jan. 1 to Feb. 2 9 ...
351,368
99,683
114,953
July 1 to Feb. 2 9 ... 1,791,672 1,551,021
625,663
689.545
113,631
St. L.A.A T.H.bchs.b.Jan.
113,736
50,216
44,756
36,164
41,354
Sav. Am. A M ont...Feb.
12,932
16,572
69,200
82,701
Jan. 1 to Feb. 2 9 ...
23,393
33,462
338,811
342,314
July 1 to Feb. 2 9 ...
130,070
153,214
Whitebr’ st Fuel Co...Feb.
8,102
9,068
Jan. 1 to Feb. 2 9 ...
23,810
18,474
July 1 to Feb. 2 9 ...
80.978
100,803
—January 1 to December 31.
Hancock A Calum et1891.
1890.
Gross earnings...........
175,926
139,901
Operating expenses..
104,180
83,600
Net earnings..........
Mineral R a n g eGross earnings.......... .
Operating expenses..
71,746
56,301
146,505
74,949
125,469
62,803
Net earnings...........
71,556
62,666
a Net earnings here given are after deduoting taxes.
b Net earnings here given are before deduotiug taxes.
c Net earnings are here given after deduoting taxes on property.
* After deduotiug proportion due roads operated on a peroentag*
basis, net in February 1892, was $451,728, against $5o9,238 la 1 8 9 1 ;
and Ootober 1 to February 29 $2,720,870, against $2,764,756.
Interest Charges and Surplus.—The following roads, in
addition to their gross and net earnings given above, also
report charges for interest, &c., with the surplus or deficit
above or below those charges.
-Inter't, rentals, die.-Bal. o f Net Earns.—*
1892.
1891.
1892.
1891.
£
Roads.
$
Chic. Burl. A Quin...Feb.
810,000
795,186
272,886 df. 187,666
Jan. 1 to Feb. 2 9 ... 1,620,000 1,590,373
402 475 df.368,103
Kan. C. Ft. 8. A M ..Feb.
89,933
88,376
14,592
5,462
July 1 to Feb. 2 9 ...
723,555
713,629
317,794
196,936
Kan. City Mem. ABir. Feb.
36,533
35,671 def.4,890 def.24,340
July 1 to Feb. 2 9 ...
290,542
284,418 def.77,624 def.65,401
TH E
558
C H R O N IC L E .
ANN U AL REPORTS.
[ T o l . L IV ,
Earnings—
Passenger.................
Freight.....................
Mall, express, & c...
Chicago B urlington & Quincy RR.
(F o r the year ending December 8 1 ,18Wt.^
Total gross earns..
The annual report of President Perkins will be found at Oper. exp. and taxes
length on another page, together with valuable statistics and
Net earnings........
the balance sheet as of December 31,1891. The report has come P.c.of op.exp.toearn
to hand too late for analysis this week, but editorial com
ments will be made in the next issue of the C h r o n ic l e .
The comparative statistics for four years, compiled for the
Receipts—
Net earnings....... ...
C h r o n ic l e , are as follows :
HOAD.
Mis. ow’ d * Id..
Mis op’d j ’ntly
Total oper’ted
1888.
4,757
160
1889.
4,969
171
1890.
5,059
157
1891.
5,167
157
4,917
5,140
5,216
5,324
OPERATIONS AND FISCAL RESULTS.
1889.
1890.
1891.
Operations—
1888.
Tons car. one m...................1» 752,248,595 1,978,896,694 1,804,977,505
268,778,494
292,535,186
289,343,493
yass.car.one m.*
............
$
$
$
- Earnings—
$
6,369,646
6,729,809
6,223,510
Passenger.......... 6,146,121
18,843,104
18,369,821
18,190,818
Freight...............15,484,035
2,513,217
2,816,497
2,363,985
Mail,express,&o. 2,159,011
27,916,127
Tot. gross eam.23,789,167
26,778,313 27,725,967
18,549,257
Op. exp.&taxes.l8,882,460
17,690,547 18,749,699
Net earnings.. 4,906,707
P. c. of oper. exp.
to earnings....
79*37
9,087,766
66*06
8,976,268
____
67*62
9,366,870
„„
66*45
* Not including those carried free.
INCOME ACCOUNT.
1888.
Receipts—
$
Net earnings............. 4,906,707
169,601
From investm’ts, &c.
408,555
NetB.&M. I’d grants.
1889.
$
9,037,766
672,863
291,443
Total income. . . . . 5,484,863 10,052,072
Disbursements—
192,119
193,709
Rentals paid— . —
Interest on debt........ 5,111,527 5,425,611
3,055,704
D ividends.................. 3,819,578
(4 p. e.)
(5 p. 0.)
Rate of dividends—
744,472
691,474
Car’d to sink’gfu n d ..
1890.
$
8,976,268
806,035
178,455
1891.
$
9,366)870
1,371,627
156,848
9,960,758 10,895,345
206,078
5,491,992
3,819,630
(5 p. c.)
745,492
230,280
5,817,266
3,246,686
(4^4 p. c )
764,839
9,417,906 10,263,192 10,059,071
Total disbursements. 9,816,288
Balance................... df.4,331,425 sur.634,166 df.302,434 sur.836,274
GENERAL BALANCE AT CLOSE OF TEAR.
1888.
1889.
1890.
1891.
$
$
$
$
Assets—
RR., equip., &c........ 175,337,126 179,710,300 184,176,431 187,817,475
Stocks &hds. owned. 27,467,685 27,678,280 31,142,013 32,961,805
3,180,538
7,040,316
3,671,187
Current accounts... 4,620,430
1,698,440
1,000,353
1,304,280
Materials, fuel, &o.. 2,579,791
2,816,763
2,863,821
2,275,818
Cash on hand........... 2,498,365
14,577,407
13,813,937
11,766,512
12,786,780
Sinking funds..........
Total................... 224,269,909 231,383,782 236,777,826 242,354,341
Liabilities—
Stock, common........ 76,393,505 76,394,505 76,394,505 76,394,905
Bonds....................... 92,753,708 100,479,508 106,739,202 109,711,200
Land grant sink. fd.
7,462,116 7,903,276
8,376,735 8,763,820
Other sinking funds.
7,358,297 8,407,015 9,471,154 10,584,838
Contingent liabilit’s.
6,912,281 6,366,781
4,720,281 4,720,281
Renewal fund.......... 9,000,000
9,000,000
9,000,000 9,000,000
Miscellaneous____
7,006,832
4,665,616
4,375,936 t4,456,969
Profit and lo s s ........ 6,466,469
6,616,214
6,451,582 6,637,623
Income account....... 10,916,701 11,550,867 11,248,431 12,084,705
Total................. 224,269,909 231,383,782 236,777,826 242,354,341
* Includes Han. & St. Jos., Kan. C. St. Jos. & C. B., Chic. Bur. & No.
Chio. B. & K. C., St. L. K. & No.W., and others.
t In 1891 made up as follows: Interest due and accrued, $1,340,787;
unpaid vouchers and pay-rolls, $1,277,533; ourrent accounts, $1,340,787.
Chicago St. P aul Minneapolis & Omaha Railway.
(F o r the year ending December 31, 1891.^
The annual report remarks that the passenger earnings were
$1,956,981, an increase of 16*69 per cent. The total number of
passengers carried was 1,635,543, an increase of 16*36 per cen t;
the number of passengers carried one mile was 77,858,044, an
increase of 13*58 per cent, and the average rate per passenger
per mile was 2*514 cents. The freight earnings were $5,718,281,
an increase of 18*01 per cent. The total number of tons of
freight carried was 3,047,500, an increase of 0*36 per c e n t; the
number of tons of freight carried one mile was 509,884,886, an
increase of 5*92 per cent, and the average rate per ton per
mile was 1*121 cents.
In the land department there were 110,231 acres sold dur
ing the year, leaving 496,962 acres unsold December 31, 1891.
The net receipts of the West Wisconsin, North Wisconsin and
Superior grants for the fiscal year were $468,728, being
amounts received for lands sold, payments on notes and con
tracts, interest, etc., less the expenses of the land department,
taxes, etc. The balance of bills receivable and land contracts
now held by the company is $1,100,103.
The following statistics for four years have been compiled
in the usual form for the C h r o n ic l e .
OPERATIONS AND FISCAL RESULTS.
1390.
1891.
1889.
1888.
1,394
1,482
1,394
1,394
Miles operated..........
Operations—
1,418,920
1,405,587
1,635,543
Passengers carried.. 1,364,740
Passenger mileage.. 66,525,293 67,202,316 68,546,399 77,858,044
2*48
cts.
2*52
cts.
2*45
cts.
2*51 cts,
Rate per pass, per m.
3,036,456
3,047,500
Freiglit (tons) carr’d 2,475,222 2,480,534
Freiglit (tons) mil’ge.396,310,425 411,451,034 481,397,895 509,884,886
•Av. rate per ton p.m . 1*13 cts.
1*07 cts.
i* 0 icts.
1*12 cts
1888.
$
1,647,948
4,447,586
315,605
1889.
$
1,687,909
4,405,450
324,499
1890.
$
1,677,130
4,845,392
325,798
1891.
$
1,956,982
5,718,281
346,04»
6,411,137
4,648,158
6,417,858
4,484,412
6,848,320
4,788,569
8,021,312
5,446,114
1,762,979
72*50
1,933,446
69*88
2,059,751
69*92
2,575,198
6790
1890.
$
2,059,751
450,715
*136,069
1891.
SB
2,575,198
468,728
............
INCOME ACCOUNT.
Net from land grants
Other receipts........
1888.
$
1,762,979
506,062
. . .........
1889.
$
1,933,446
561,426
............
Total in com e....
2,269,041
2,494,872
2,646,535
3,043,926
N ^ ren ta isp a id .. . . .
Net interest on debt.
Div. on pref. stock..
Rate of dividend....
Loss on prop, roads.
81,265
1,309,733
450,272
(4)
10,010
81,035
1,323,614
450,272
(4)
9,609
85,422
1,280,228
450,272
(4)
7,309
89,021
1,346,827
562,840
(5)
16,973
Tot. disbursements
Balance, surplus....
1,851,280
417,761
1,864,530
630,342
1,823,231
823,301
2,015,660
1,028,266
* This is, **old amount from Superior grant.”
GENERAL BALANCE DECEMBER 31.
1890.
1891.
yj gggfef
£
^
21,403,293 21,403,293
Common stock and scrip.........................
Preferred stock and scrip.................................. 12,646,833 12,646,833
Funded debt......................................................... 23,502,979 24,248,556
Interest on bonds......................
262,651
271,654^
508,116
503,820
Vouchers and pay-rolls.................................
Dividends.............................................................
225,160
337,714
Taxes...................................................................
212,053
259,006
Miscellaneous................... .........................................................
90,849"
6,636,185
7,664,443
Income account......................................
Total assets.................................................... 65,397,270 67,426,180
Liabilities—
Road and equipment.......................................... 58,132,456 58,941,367
Bonds and stocks owned..................................
4,571,301
4,620,876
172,000
173,125Minn. Eastern Railway.....................................
S. 8. M. & S. bonds guaranteed..............................................
400,000
Advances to proprietary roads........................
823,945
897,607
Cash on hand.......................................'.............
1,027,804
1,773,981
Materials and fuel.........................................
656,121
618,450
Miscellaneous..... ........................................ .1 ...
13,643
772
Total liabilities.......... ..................................
65,397,270 67,426,180
Lake Erie & Western Railroad.
(F o r the year ending Dec. 81,1891. J
The annual report of Hon. Calvin S. Brice, President, says i
“ In September, 1891, your board contracted with Messrs.
Vermilye & Co. for the sale of $1,500,000 second mortgage five
per cent bonds at 85 per cent and accrued interest, out of the
proceeds of which the following appropriations were made by
the board : For cars, $844,000 ; for locomotives, $112,000 ; for
betterments, steel rails, fastenings and ballast, $200,000; for
passenger coaches, $60,000 ; for additional terminal facilities
and bridge betterments, $50,000 ; making a total of $1,266,000.
Only $650,000 of these bonds, however, were actually delivered
on said contract during the year, and that amount accordingly
appears in the statement of funded debt and balance sheet of
the company.”
*
*
*
‘ ‘ The business of the year shows an increased volume of
traffic, both local and through. The freight traffic shows an
increase of 8*80 per cent in tonnage; the earnings an increase
of 6*57 per cent.” . *
*
*
“ Quarterly dividends of one per cent upon the preferred stock
have been continued during the year, leaving a handsome
surplus to be carried forward into the new year, and it is the
purpose of the board to increase the rate of dividends tostockholders whenever the necessities and requirements of the
company in the matter o f further betterments and equipment
and improvements shall have been met to such an extent as
shall insure the safe and profitable operation of the road, and
the ability of the company to maintain its dividends at such
increased rate.
“ The income account, after charging to it all disbursements
for improvemerts, interest on mortgage bonds, rentals, taxes •
and dividends, shows a net gain for the year of $238,949.” * *
“ It has been the policy of the board of directors to preserve and
care for the legitimate traffic and business lying withiD the
territory traversed by the road, and aiding and extending the
local business therein, rather than to increase its volume of
through business, which, while swelling the gross receipts,,
mast necessarily be done at low rates and at a correspondingly
greater cost to the property.”
The operations, earnings and charges have been compiled
for the C h r o n ic l e as follows (including the Fort Wayne Cin
cinnati & Louisville in 1890 and 1891):
OPERATIONS AND FISCAL RESULTS.
1891.
725
th _
P a ss e n g e rs c a r r ie d ..
1,005,881 1,005,959
1,185,431 1,373,815
Passenger mileage.. 26,154,028 26,314,387 30,353,729 35,234,283
R a t e p e r pass. p. m .
2*38 c t s .
2*46 c t s .
2*46 cts.
2*43 c t s F r ’ g h t (to n s ) m o v e d .
1,167,315 1,396,354
1,719,888 1,871,172
F r ’ e h t (tons) mil’ge.160,731,024 220,440,237^268,320,847 272,185,140
A v . rate p. t o n p . m .
0*88 c t s .
0*715 c t s .
0*677 o t s .
07 5 0 c t s .
Earnings—
$
^
$
$
Mw ___
P a s s e n g e r . . . . ..........
631,660
673,483
830,961
886,778
F r e i g h t .........................
1,266,099 1,575,246
1,915,805 2,041,570
Mail) e x p r e s s , &C ___
270,030
268,872
327,672
344,998
Dec. 3 1..
Operations—
M ile s o p e r .
Total earnings.. . . .
1888.
589
2,167,789
1889.
589
2,517,60
1890.
722
13,074,438
3,273,355
TH E
A p r il 2, 1892. |
Operating expenses—
Maintenance o f way.
Cars A motive power
Transp’t’n expenses.
General, rental of
tracks, taxes, & c..
Total.......................
Net earnings............
1888.
$
298,015
209,426
740,536
211,7*1
1,459,728
708,061
1889.
$
295,684
219,641
859,499
1890.
$
362,495
256,768
1,030,262
C H R O N IC LE .
1891.
$
347,066
275,305
1,047,347
246,472
295,761
310,808
1,621,296
896,305
1,945,286
1,129,152
1,980,526
1,292,829
INCOME ACCOUNT.
Net earnings............
Deduct—
Interest on bond s...
Div. on pref. stock..
Rate o f dividend....
Betterments............
Total....................
Surplus.....................
1888.
<£
708,061
1889.
$
896,305
1890.
$
1,129,152
1891.
$
1,292,829
296,000
............
............
302,077
296,000
118,400
(I p . ct.)
441,201
332,750
473,600
(4 p. ct.)
223,256
363,771
473,600
(4 p. ct.)
216,509
598,077
109,984
855,601
40,704
1,029,606
99,546
1,053,880
238,949
American Bell Telephone Co.
( For the ^year ending Dec. 31, 1891.^
The annual report of Mr. John E. Hudson, President, states
that reports received from the various companies operating
exchanges and lines throughout the United States show a
satisfactory growth of the business and an activity, which
was never more marked than at present, in making exten
sions and improvements of plant. While the net gain o f 13,086 subscribers during 1891 is somewhat less than that o f the
preceding year, which is due in some measure to the severe and
destructive sleet storms which visited several States in the
early months of the year, it is still well above the average of
the past seven years, and a large part of the increase repre
sents subscribers for metallic circuit stations.
The exchange statistics show that more than half of the
increased mileage of exchange wire is in the form of under
ground conductors. There are now in operation 70,000 miles
of underground wire, which is more than one-fourth of the
entire exchange mileage in the country. The entire expendi
ture during 1891, reported by licensees, for new lines and
equipment, was $4,847,317 and for Cost of land and buildings
$800,793. The construction work of the “ Long Line” Com
pany—the American Telephone & Telegraph Company—in
the completion and extension of its system, has included the
building of a pole line from Pittsburg to Harrisburg, a line
westward from Pittsburg to Cleveland by the way of New
Castle, and other wires. It is the intention during the course
of the current year to fill the gap between Cleveland,
Ohio, and Hammond, Illinois, which last named place is al
ready connected by the long lines with Chicago, thus giving
through service between Boston, New York and Chicago.
The following is a comparative statement of earnings, ex
penses and income for four years, compiled for the
C h r o n ic l e :
EARNINGS AND EXPENSES.
1888.
1890.
1891.
1889.
Earnings—
$
$
$
$
Rental of telephones....... .2,453,279 2,657,362 2,913,369 3,127,783
Dividends.......................... .1,213,857 1,230,500 1,256,274 1,320,646
Ex. Terr’l and branch lines
78,711
82,557
89,473
91,281
Telegraph commission...
21,165
22,367
26,492
27,845
Interest............................. .
43,964
90,467
77,448
145,160
7,640
7,954
Real estate and m iscell..
23,292
12,235
559
have affected business conditions quite adversely. He says:
‘ W e have seized the present opportunity to adjust the stock
accounts which have been running for ten years to the basis
of present low values, and while the process is unpleasant and
shows badly on its face, careful consideration will convince
you that the figures submitted are more encouraging than
they appear, and will result in better returns the present fiscal
year. In this connection I wish to note that it has been the
effort of your management to improve the general financial
condition of your company, and while in the last annual re
port the unpaid vouchers and pay-rolls amounted to $545,420,
the present report only shows a liability of $182,410 for these
items.”
A t to coal and coke, the various improvements looking to
the development and increased capacity necessary to fill the
orders of the company promptly and economically have been
continued throughout the year just passed, with the result
that the increased product at the mines is sufficient to meet
all demands for some time to come.
“ In the early portion of the year the business of the rail
roads was extremely light and their fuel requirements propor
tionately sm all; and besides, the coal market in Kansas and
Nebraska was a good deal demoralized.” * *
“ It must not be lost sight of that our iron and steel plant
was practically idle during the year, and the large amount of
fuel which this plant consumes not being required, particu
larly during that portion of the year when there is little de
mand for fuel for commercial purposes, the average cost of
production was necessarily increased over the previous year.
The increase of 60,936 tons of coal in our commercial business
and 7,099 tons of coke, and an increase in earnings of $69,833
in the coal department, is worthy of note.” * * *
“ The output of the iron and steel department during the
past year was extremely limited for two causes—one being
that the railroads penetrating our State, and to whom we
largely sell our product, were, by reason of the Baring panic
and financial disturbances resulting therefrom, prevented
from purchasing their usual quota of rails and from completing
any increased mileage.” * * * “ Then the management having
prepared plans involving the enlargement and increase of its
furnace capacity, the introduction of new and modern ma
chinery in the rail mill, and other improvements o f an impor
tant character,” * * “ availed themselves of the opportunities
afforded by the conditions existing during the past year,and the
work undertaken is about completed, with the advantage of
having purchased the machinery and materials upon very
advantageous terms.” .
The sales of real estate for the year under review, although
not so great as for the previous year, are regarded as satisfac
tory considering the financial disturbances at the end of the
previous year. The real estate transactions, although more
limited in number, were upon a basis of full prices, and the
speculators in real estate are holding their properties with
great confidence. The widespread excitement over rich dis
coveries of gold and silver at various points in Colorado has
attracted a large influx of residents, and values will be
correspondingly increased.
The following comparative statement of earnings and in
come account does not include sales of real estate :
EABNINGS AND EXPENSES.
Total............................ .3,865,119 4,044,704 4,375,291 4,736,007
Expenses........................... .1,480,913 1,385,966 1,505,873 1,609,187
Net earnings..... .............. .2,414,206 2,658,738 2,869,418
3,126,820
INCOME ACCOUNT.
1888.
Receipts—
$
Net earnings..................... .2,414,206
Other receipts............. ..... .
22,258
1890.
1889.
$
$
2,658,738 2,869,418
3,150
1891.
$
3,126,820
Total............................ 2,769,490
431,898 1,923,691
162,867
INCOME ACCOUNT.
Total............................ .2,436,464 2,661,888 2,869,418 3,126,820
■Disbursements—
Regular dividends........... .1,192,152 1,238,913 1,463,913 1,725,000
Extra dividends.............. . 597,726
600,000
750,000
900,000
Depreciation reserve....... . 646,586
700,000
501,820
655,505
Total..............................2,436,464
Surplus................................ . . . . ___
2,538,913 2,869,418 3,126,820
122,975
LEDGER BALANCE DECEMBER 31.
Debit—
1890.
1891.
Telephones........................................................... $919,274
$979,117
Real estate...... .............
744,333
933,131
33,180,409
Stocks...........................................
32,740,580
Merchandise and machinery............................
9,932
8,885
3,192,913
Bills and accounts receivable.......................... 2,034,280
Cash and deposits...................
187,935
655,823
Total.......... ................................................... $36,636,336
Credit—
Capital stock...................................................... $12,500,000
Debenture bonds, 1888.................................... 2 ,000,000
Bills and accounts payable............................. *1,334,636
Patent account (profit and loss)..................... 10,516,544
Profit and loss........................................
5,645,131
Reserve..................... . ........................................ 2,489,012
Surplus................................
2,151,011
Coal and coke departm’t.
Iron and steel departm’t.
*Real estate department.
Miscellaneous earnings..
1890.----------- . ,----------- 1891----------- ,
. Gross
Net
Gross
Net
Earnings. Earnings. Earnings. Earnings.
$
s
$
$
1,201,965
248,734 1,240,579
149,621
1,351,751 loss 13,321
568,9321oss 77,092
29,812
6,240
30,059
10,770
185,715
185,715
84,368
84,098
$38,950,278
$15,000,000
2 , 000,000
t848,909
10,274,813
5,688,567
2,986,877
2,151,012
Net earnings............ ..............
Income from investments, prem ,&c.
108,896
14,481
1890.
$
431,898
68,727
1891.
$
162,867
84,009
T o ta l.......................................
Less interest on bonds......................
Less premium on bonds..................
Interest, discount and exchange...,
Taxes and insurance..........................
Items to profit and loss.....................
~123,377
209,940
1,421
15,636
44,108
45,089
500,625
209,940
2,842
2,416
34,076
11,365
246,876
209,940
1,476
.........
.........
3,269
Total...............................................
316,194
Surplus........................................... df. 192,817
Royalties earned and credited to
several accounts, included in
operating expenses
.............
58,722
260,639
239,986
214,685
32,191
61,192
94,410
1889.
*This does not include sales of real estate, which in 1890 amounted
to $1,023,583 and in 1891 to $349,694.
GENERAL IN V E ST M E N T N E W S .
American B ell Telephone.—The annual meeting of the Bell
Tel. Co. was held at the company’s offices in Boston. The
Total.
$36,636,336 $38,950,278 stockholders voted to increase the capital from $15,000,000 to
*$375,000 is dividend payable Jan. 15, 1891, to stockholders of $17,000,000 to be issued at par to present holders in the
record Dec. 31,1890.
proportion of one new share for six now held.
f $450,000 is dividend payable Jan. 15, 1892, to stockholders of
Central R ailroad o f Georgia.—The arguments on the suit
record Dec. 31,1891.
to declare void the lease of this road to the Georgia Pacific of
Colorado Coal & Iron Co.
the Danville system, and to appoint a receiver, were continued
(F o r the year ending Dec. 31, 1891.^
in the U. S. Circuit Court at Macon before judges Speer
The annual report of the President, Mr. E. J. Berwind, says and Pardee. The Richmond Terminal Company owns
that the extraordinary circumstances existing during the 42,200 shares (out of a total of 75,000) o f Georgia Central
autumn of 1890, and the financial stringency during that time, stock, which is deposited with the Central Trust Company as
560
TH E
C H R O N IC L E
security for the Terminal 5 per cent bonds. The Georgia Court
takes the ground that the stock held by the Richmond Ter
minal Company is not entitled to a voice in the management
o f the Central RR. because it represents a competing interest,
The Constitution of the State o f Georgia says: “ The Gene
ral Assembly of this State shall have no power to authorize
any corporation to buy shares of stock in any other corpora
tion in this State or elsewhere, or to make any contract or
agreement whatever with anv such corporation which may
have the effect, or he intended to have the effect, to defeat
or lessen competition in their respective businesses, or to en
courage monopoly, and all such contracts and agreements
shall be illegal and void.”
The following is the important part of the opinion bearing
upon the question of voting upon the Central stock:
And it further appearing to the Court that 42,200 shares of the stock
o f the said .Central Railroad & Banking Company of Georgia is carried
on the list of stockholders of said Cen.ral Railroad & Banking Com
pany ot 'Georgia in the name of the Central Trust Company of New
York, 1:.e voting power of ti e same being, however, exercised hy the
Bioh-ff.ud & West Point Termm 1 Railway & Warehouse Company,
arC 11 s been so exercised by said last-mentioned company since Janur r . 888. and it further appearing to the Court that the acquisition
:
holding of said J2.200 shares as above set forth, the same consti
tuting a majority of tne stock of the Central Railroad & Banking
ompany of Gcorsria, for the purpose of keeping perpetual control of
the same, was and is in violation of the Constitution and of the laws of
the State of Georgia: and it further appearing that the present
directors of the Central Railroad & Banking Company of Georgia
were elected at an election in which the vote of said 42,200 shares of
stock controlled. It Is therefore ordered and adjudged:
1. That said Central Railroad & Banking Company of Georgia and
its directors are enjoined and prohibited pendente lite from allowing
the said Central Trust Company of New York, or the said Richmond &
West Point Terminal Railway & Warehouse Company, or any other
railroad company competing with the Central Railroad of Georgia that
may, pending this order, acquire ownership of said stock, from voting
said 42,200 shares of the stock of said Central Railroad & Banking
Company of Georgia, or any part thereof, at any election or meeting at
which the holders of the stock of the said Central Railroad & Bank
ing Company of Georgia are entitled to vote under their charter.
It is further ordered that E P. Alexander, Joseph Hull, E. P. How
ell, James Swann. J. K. Barnett, A. Vetsburg, Charles H. Phinizy, H.
T. Inman, George J. Mills, Henry R. Jackson and U. B. Harrold be
and they are hei eby appointed receivers of this Court of the railroad
property and assets of the said Central Railroad & Banking Com
pany of Georgia, to take charge of the same and to operate said Cen
tral Railroad with the usual powers granted to receivers of railroads
until there can be a reorganization of said board of directors of said
Central Railroad & B nking Company of Georgia under and in pur
suance of the provisions of the charter of the said Central Railroad
& Banking Company of Georgia, and of the order of this Court here
inafter made, and to turn over said rail oad and said property and
assets to said newly-elected board of directors when the same shall be
oganized as aforesaid upon the further order of the Court.
It is further ordered that said directors herein appointed receiv
ers as aforesaid shall have and exercise in the operation of said rail
road and in the conduct of the ordinary business of said company, all
the powers belonging to the directors of said company, under its
charter and in accordance with the said charter and by-laws of said
company not inconsistent with this order nor the possession of said
property by this Court, and that as directors o f said company they shall
have the power to elect a President, and to fill any vacancy or vacan
cies in their number in the same manner as provided for the filling of
vacancies which may occur by resignation or otherwise in the hoard,
under the charter, but shall not pledge or dispose of any of the securi
ties of said company to raise money; without the approval of the Court,
except in the regular course of business.
It is further ordered that an election for directors of the Central
Railroad & Banking Company of Georgia shall be held at the prin
cipal office of the company, in the city of Savannah, on May 16,1892,
at such hours as may be fixed by the charter and by-laws of the com
pany for such election, and that at said election no votes shall he
received In behalf of the 42,200 shares of stock standing in the name
of the Central Trust Company of New York and alleged in the bill to be
contro’ led by the Richmond & West Point Terminal Railway & Ware
house r ompany unless upon a bona flda transfer of the same, approved
by this Court, and that the directors elected hy the stockholders at
such election shall upon their qualification constitute the board of
directors of the Central Railroad & Banking Company of Georgia
until the next election.
It is further ordered that the receivers herein appointed shall also
take possession of and operate all the property and assets of the
Ocean Steamship Company of Savannah, the New England & Savan
nah Steamship Company, the Savannah & Western Railroad Company
and the Montgomery & Eufaula Railway Company, in the same man
ner as is above provided for as a part of the assets and system of the
Central Railroad & Banking Company of Georgia.
It is further ordered that the costs of this suit, exclusive of counsel
fees, shall be advanced by the receivers, the ultimate liabilities for the
same to he hereafter determined.
The question of counsel fees for the complainants’ solicitor is not
passed on at this time.
D o n A . P a r d e e , Circuit Judge,
E m o r y Sp e e r , District Judge.
[YOL. U V ,
no desire to expend the $3,000,000 or $4,000,000 required to
raise its tracks, and only does so because of the imperative or
der o f the general Government that the company’s bridge
over the Harlem River must be raised twenty-four feet above
high water. It prepared a plan to meet these requirements
o f the Government, by which the rise should begin at One
Hundred and Twenty-Fifth Street, with an open iron work
structure on to the elevated bridge. The Harlem people
wanted the company to extend this structure from One Hun
dred and Twenty-Fifth Street to One Hundred and Sixth
Street for their benefit. They said that it would open a
number o f streets, and make Fourth Avenue a boulevard 140
feet wide by filling in the cut which is at present occupied
by the railroad. They urged that if the railway company
would consent to pay one-half of the additional expense, the
city would pay the other half, the improvement being
entirely for the benefit o f the city, and giving no advantage
whatever to the railway company. The structure from One
Hundred and Twenty-Fifth Street to One Hundred and Sixth
Sstreet, which is wholly useless for railway purposes, would
cost about $1,500,000 more than the structure required from
One Hundred and Twenty-Fifth Street to enable the railway
to get on to the bridge ordered by the Government.”
In regard to the passage of trains over Harlem River and
the relative importance of the navigation of that waterway
as compared with the travel over it by rail, Mr. Depew said:
“ The Harlem Canal is constructed and the railway is ordered
to raise its bridge and the city is ordered to raise its bridges,
which will cost from $10,000,000 to $20,000,000. Property
owners along the lines of the structures elevated suffer in
convenience or damage upon the theory that the inferior com
merce must yield to the superior commerce—that is, that the
commerce which crosses the Harlem River by the city bridges
and the railway bridges must yield to the more valuable
traffic which is carried on the vessels on the Harlem.
“ Nothing tests a theory like a direct illustration. One day
last summer the drawbridge over the Harlem River was open
for thirty minutes at the busiest hour of the day for the rail
way. This backed up trains on the Hudson River Road as far
as Croton, on the Harlem as far as White Plains and on the
New Haven as far as Greenwich, or about 100 miles together.
When the draw was closed, the pressure of so many trains
entering or seeking to enter the Grand Central caused a
further delay of about thirty minutes owing to the necessity
of taking cars out to Mott Haven to relieve the yards. On
these trains were about 25,000 people, of whom 20,000 were
merchants, clerks, professional men, artisans, mechanics and
laborers going to their business in ihe city. They all suffered
a loss, and in the aggregate it amounted to a great deal. __ I
was curious to know what was the value of the superior
commerce which took an hour out of the day of 20,000 busy
men, and found that it was a tug pulling a barge, the sole
freight upon which was one calf and a barrel o f apples.”
New York New Haven & Hartford—N. Y. Providence &
Boston.—The first named company has made a contract to
lease the latter, commonly known as the Stonington Railroad.
The terms have not been given out officially, but it is re
ported from New Haven, on apparently good authority, that
it is a one-year temporary lease and provides that the
New York New Haven & Hartford Road shall pay the Sto
nington Company a dividend equalling that paid its own
stockholders. This is to be followed by a sixty-vear lease, the
New York New Haven & Hartford Company to pay the
Stonington stockholders 6 per cent, but with the important
option given to the Stonington stockholders that they may at
any time during the sixty years exchange their stock, share
for share, for the stock of the New York New Haven &
Hartford Company. Under the laws of the State of Con
necticut it is understood that no railroad can lease another
for a period of more than twelve months without obtaining
the consent of the stockholders of the two roads. There
fore the agreement made now is only for a lease for a year,
but upon the ratification of the directors’ action by the stock
holders the lease will be made for a long period of years.
New York Stock Exchange—New Securities Listed.—The
following were listed this week:
R ic h m o n d & W e s t P o in t T e r m in a l R a i l w a y & W a r e h o u s e Co.—
—Mr. H. M. Comer of Savannah, President of the Southbound Trust Company receipts for six per cent gold trust bonds, five per cent
Railroad, has been elected President of the Georgia Central in first consolidated mortgage collateral trust gold bonds, and preferred
and common stock.
place of Gen. Alexander, resigned.
Ohio & Mississippi.—Judge Creighton, in the Sangammon
Delaware & Hudson.—At a meeting of the Delaware & County (111.) Circuit Court, rendered a decision March 28 in
Hudson directors, Messrs. Alexander E. Orr and O. P. C. Bill the Ohio & Mississippi Railroad case.
ings were elected members o f the board to fill existing
Last January quo warranto proceedings were begun in the
vacancies. Mr. Orr enters the board as a representative of Circuit Court to oust James H. Smith, Edward Whittaker and
the David Dows estate, which is one of the largest holders of Edward H. R. Green from the board of directors of the Ohio
the company’s securities. Mr. Billings is a brother of the late & Mississippi Railroad Company and seat in their places
Frederick Billings, who was a large holder of D. & H. se Messrs. McKim, Fahnestock and Walsh. The latter gentlemen
curities, and was a director of the road at the time of his death. were declared elected at a meeting of the stockholders in Cin
N. Y. Central Bridge.—A Tribune reporter received from cinnati November 19,1891, and represented those stockholders
President Depew a statement of the real plans and purposes favoring the alliance with the Baltimore & Ohio Railway.
pf the company quite different from those given in press dis At the election about three-fourths of the stock was cast for
patches from A lban y:
McKim, Fahnestock and Walsh, and about one-fourth for
“ The telegraphic dispatch from Albany,” said Mr. Depew, Smith, Whittaker and Green. The board of directors, how
“ to the effect that the measure providing for the raising of the ever, refused to recognize the election or to admit the former
tracks of the New York Central and the Harlem roads to enable gentlemen to seats in the board. Their contention was that
them to get on to the bridge at the Harlem River is a part of a the election wat illegal; that the stock which was held in
scheme to build a double-deck railway, the lower part to per England and which was cast for McKim, Fahnestock and
form the service of the through line, and the upper part foi Walsh was registered in the name of the owners thereof; that
suburban travel, is erroneous. Such a scheme has never been these trustees had no legal power to vote this stock, and that
contemplated by the company. The New York Central has the trustees had formed a plan by which the O. & M. Railway
A p ä il 2, 18£2,]
TH E
C H R O N IC L E
561
was to be practically turned over to the B. & O. Railroad
Company in violation of the laws o f Illinois and of the charter
I& e p o u ts
m%&
$ 0 C ttm £ tx t0 .
of the O. & M. Company. It was also insisted, on behalf of
the defendants, that no stockholder can, under the law, trans
fer his power of voting to a third person and yet retain the
CHICAGO BURLINGTON & QUINCY RR.
beneficial interests.
The other side to the controversy contended that the English
THIRTY-EIGHTH ANNUAL REPORT.
stockholders never had assigned or transferred to anyone the
power of voting on their stock, but that such transfer was
C h ic a g o , January 1, 1892.
only to trustees, who were the agents or proxies of the real
owners. It was also contended that the trustees did not aot To the Stockholders o f the Chicago Burlington & Quincy
Railroad C o.:
under the'control of the B. & O. Co., but upon their own judg
Your Directors submit the following report of the operations
ment and with reference to the interest of their principals.
The present decision was rendered upon the demurrer to of the Company for the year ending December 31, 1891:
the defendants’ pleas. The N. Y. World dispatch states that
EARNINGS AND EXPENSES.
the Court sustained the demurrer for the following reasons:
The Gross Earnings of the Company, including all leased
1. That the stock was well registered in the name of the trustees, roads and branches, have been:
they being the owners of the legal title and that such registration was
sufficient.
„
. . .
, ,,
2. That the transfer of their stook by the English shareholders to
trustees of their own was in no sense illegal.
3. That the intention of the trustees or their principals with respect
to the future could not work a forfeiture of their right to vote.
4. That in order to work a forfeiture of the right; to vote, it must be
shown that the stockholders transferred their shares or their right to
vote for some consideration personal to themselves, or to some party
adverse to their own icompany; or at least placed the power of voting
their stock beyond their own control. In order to produce so serious a
result there must be a complete severance of the beneficial interest
from the power of voting.
From Freight....................................$18,369,821
24
From Passengers............................ . . ....... 6,729,809 45
From Mail, Express and Miscellaneous..
2,816,497 09
----------------------$27,916,127 78
The Operating Expenses and Charges have
been as follows:
Operating Expenses
. . . . . ...............;. .$17,334,827 971
Taxes................................................. 1,214,429
56j
Rent of Tracks and D ep ots..........
230,280
54
Interest on Bonds............................ 5,817,266
Ó81
Sinking Funds..................................
764,838
73J
---------------------- 25,361,642 88
The defendants took time to determine what their future
Leaving Net Earnings................................................ .. $2,554,484 90
course will be.
Add for Dividends and Interest on
Pittsburg Cincinnati Chicago & St. Louis.—In advance of
Securities of Controlled Roads............. $1,308,099 77
the annual report for the year ending December 31, 1891, the Other Interest and Income.......................
63,527 15
---------------------- 1,371,626 92
C h r o n ic l e has been favored with the following summary:
1891.
1890.
Gross earnings.............. ..............$14,895,591 $15,452,932
Op. expenses and taxes.............U0,939,808
11,465,483
Detrease.
$557,341
525,680
Net earnings................................. $3,955,782
$3,987,444
$31,661
Adding other income for 1891, namely $6,163, makes
total net earnings for 1891............................................... $3,961,946
Deduct for interest on bonds, rental, etc............................ 3,024,914
Net profit for 1891.
Net profit for 1890.
$937,031
674,974
Increase in 1891........................ ......... —........... — ...................
$262,057
[This net profit of $674,974 in 1890 was made after deducting
rentals, expenses of leased lines, &c., and it is presumed, that
the balance of 1891 is made on the same basis, the gain of the
latter year being mainly in these items.]
Out of above net profit for 1891 of $937,031 was paid
cash dividends on preferred stock No. 1 of 1 per
cent for quarter ending Dec. 31, 1890, and No.
2 for six months ending June 30,1891, amounting in
the aggregate to $669,574, leaving net sur. for 1891 of
Deduct amount paid in settlement of sundry old accounts
$267,457
114,844
Leaves......................... ........................... .............................
Add balance to credit of profit and loss Dec. 31 1890........
$152,613
487,220
Balance to credit of profit and loss Dec. 31,1891...............
Out o f which was paid on March 21,1892, dividend So. 3
of 2 per cent on pref. stock, for 6 mos. end’ g Deo. 31, ’ 91
$639,340
Balance........................... ...............................................
$192,448
September 15,1891,1 per c e n t...............
December 15,1891, l ^ per cent.............
763,926 00
954,907 50
---------------------
3,246,685 50
Surplus...........................................................................
$679,426 32
Net Receipts of B. & M. R, RR. in Nebraska Land
Department for the year...............................................
$156,847 93
1891 COMPARED WITH 1890.
Gross Earnings from Operating in 1891................................. $27,916,127 78
Gross Earnings from Operating in 1890........ . ................. 27,725,966 74
Increase in 1891.............................. ^.............................
$190,16104
Expenses and Charges in 1891............................................$25,381,642 88
Expenses and Charges in 1890............................................ 25,193,261 85
417,392
Richm ond Terminal.—The Governing Committee of the
Stock Exchange has listed the receipts issued by the Central
Trust Company for securities deposited with it under the plan
for the reorganization of the Richmond & West Point Ter
minal Railway & Warehouse Company. These receipts are
for the 6 per cent consolidated trust bonds, the 5 per cent
first mortgage collateral trust gold bends and the preferred
and common stocks of the Terminal Company.
General Samuel Thoma* in denying a false report in print
that he was hostile to the Terminal plan, says for Senator
Brice and himself : “ W e are doing all we can to support the
efforts of the committee and are in hearty accord with all
they have done. W e have deposited all our securities and
cannot too earnestly urge others to do the same immediately,
if possible. The loss to all classes of holders of bonds and
stocks of the Richmond Terminal Company by failure on their
part to endorse this plan and deposit their securities, with the
confusion, depreciation and legal complications that may
follow, would be so great that self-interest ought to arouse
them to act without delay.
“ The Olcott plan has been formulated and presented to the
street by business men of the highest character, with no per
sonal interest in any class of securities, and solely with the
view of fairness to all classes. A failure will not injure the
committee, but it will do irreparable damage to the people
who hold these bonds and stocks. W e are among the largest
subscribers to the bankers’ syndicate, and we have cheerfully
supported all the changes in the official positions of the Rich
mond Terminal Company.”
Western Unión Telegraph—Union Pacific.—Justice Brew
er, of the United States Supreme Court, pitting as a judge for
the Circuit Court embracing the District of Nebraska, has
rendered a decision in the suit brought by the United States
against the Western Union Telegraph Company and the Union
Pacific Railway Company to have declared illegal and an
nulled the contract between the Western Union and the Union
Pacific by which the former operates the telegrah line along
the line of the railroad. The decision is in favor of the United
States, sets aside the contract of 1881 between the two compa
nies, and directs the. Union Pacific henceforth to operate its
own telegraph line by its own agents and not through the in
strumentality of the Western Union.
$3,926,111 *82
Dividends have been paid on $76,392,800 of
Capital Stock as follows:
Increase in 1891.......................... -.................................
$168,381 03
Net Earnings in 1891..................................... .................... . $2,554,484 90
Net Earnings in 1890.;.................................. ...................... 2,532,704 89
Increase in 1891........................................................ .
$21,780 01
Percentage of Operating Expenses (including Taxes) to
Gross Earnings in 1891....................................................
Percentage of Operating Expenses (including Taxes) to
Gross Earnings in 1890...................................................
66‘45
67’62
Decrease in 1891............................................................ ..............
,V17
Total number of Passengers carried one mile in 1891,
exclusive of Free Mileage...................... .........................
In 1890..................................................... ..............................
289,343,493
292,535,186
Decrease in 1891.............................................................
3,191,693
Gross Earnings from Passengers in 1891........................ $6,729,809 45
Gross Earnings from Passengers in 1890......................... 6,369,645 59
Increase in 1891............................- ......................... .
$360,163 86
Number of Tons of Freight carried one mile in 18 9 1... 1,804,977,505
In 1890................................................................................... 1,978,896,694
Decrease in 1891............................. ............................... 173,919,189
Gross Receipts from Freight in 1891................................$18,369,821 24
Gross Receipts from Freight in 1890 ........................... 18,843,104 14
Decrease in 1891........ ....................................................
$473,282 90
CAPITAL STOCK.
The Capital Stock of the Chicago Burlington & Quinóy
Railroad Company at the date of the last report
w as__ ............... . .................. ....................... ............... . $76,392,600 00
Issued during the year on account of C. B. A Q. RR. 5
per cent bonds of 1903 converted..................................
400 00
Total Capital Stock C. B. A Q. RR. Co. Dec. 3 1,1891.. $76,393,000 00
Capital Stook of the Burlington A Missouri River Rail
road Company (Iowa) December 3 1 ,1 8 9 1 ...... . . . . . .
1,905 00
Aggregate of Capital Stock on Deo. 3 1 ,1 8 9 1 ............ $76,394,905 00
FUNDED DEBT.
The Funded Debt of this Company at the date of last re
port, including contingent liabilities for its branch roads,
w a s............ . . . .7 . .............................................................. $111,459,482 70
There have been issued during the year Bonds
as follows:
C. B. A Q. Consolidated
Mortgage 7 per cent
Bonds of 190», so ld ...$502,000 00
C. B. A. Q. 4 per cent
Bonds of 1927 (Nebras Extension), sold. 3,252,000 00
------------------ $3,754,000 00
($3,754,000 00 $111,459,482 70
562
TH E
C H R O N IC L E ,
rvoL . L r v .
-
Brought forw ard. . . . . . . . . . . . . . . . . . ..... ......... .
$ 11 1 , 439 ,4 82 70
The reductions during the
year have been as follows :
O. B. & Q. Scrip issued in
exchange for H. & St. J.
R. R. Stock, purchased
and canceled........ ..........
Purchased for Sinking
Funds and Canceled:
C. B. & Q. 5 per cent Bonds
Of 1895 (A. K. & D. M. R.
R .)..................
C. B. & Q. 4 per cent Bonds
o f 1919 (Iowa Division).
C. B. & Q. 4 per cent Bonds
o f 1927 (Nebraska Ex
tension).............................
B. & M. R. RR (lowa)Land
Grant 7 per cent Bonds
Of 1893......................
Converted into Stock:
C. B. & Q. 5 per cent Bonds
o f 1903..............................
$1 86
S3
Brought forward.
$*<??,7<?947
For Viaduct», Chicago...... .............................. $13,09166
For New Interlocking Systems and Pneu
matic Signals...........................................
1,27500
For New Sidetracks................................
12,84844
For Miscellaneous Construction.......................
5,84755
$522,862 12
On the Chicago Burlington & Quincy
Railroad and Branches in Iowa :
For Land and Right of Way...........................
For New Sidetracks. ...................................
$3,217 88
520 19
3,738 07
18,000 00
On the Burlington & Missouri River
Railroad in Nebraska and Branches :
213,000 00
For New Sidetracks............. .......................... $44,573 36
For Land and Right of Way...........................
19,552 96
For New Buildings and Water Works..........
26,323 74
For New Fences.......................... ..................... 18.015 82
For Nebraska City Bridge..............................
12,600 00
For New Viaduct, Omaha.............. ...............
10,674 80
For New Telegraph Lines..............................
89,077 48
80,115 02
For New Shops, Havelock.............................
For Miscellaneous Construction....................
39,568 41
327,000 00
223,600 00
400 00
290,501 59
$782,001 86
$817,101 78
Net Increase of Funded Debt during the year............
2,971,998 14
Total Funded Debt December 31,1891.....................
$114,431,480 84
Whole amount of Stock and Bonds Dec. 3 1 1 8 9 1 ....
$190,826,385 84
On Account of New Lines in Ne
braska, So. Dakota and Wyoming, as
follows :
I n Neb raska.
Republican Valley & Wyoming Railroad—
From Beverly to Palisade..........................
LENGTH OF ROAD.
The number of miles of Road owned and leased by the
Company, including all Branches, on Dec. 31, 1890,
was.......................... -'..'.
................................ 5,O59O321000 miles.
Add for mileage leased and operated jointly with
other Companies, and Roads for which a fixed
yearly rental is paid...................................................
157®*51000 miles.
$61,456 61
I n So u t h D a k o t a .
Grand Island & Wyoming Central RR.—
Branch, from Edgem’ntto Dead wood, com
pleted from Hill City to D eadw ood....... 849,862 88
Branch from Minnekahta to Hot Springs. 195,895 05
I n W y o m in g .
Total number o f miles operated by the Company De
cember 31,1890, as stated in last Annual Report. 5,2165Vi1000nailes.
There have been added during the year:
Grand Island & Northern Wyoming RR.—
From Merino Northwest, completed to
Gillette....................................................... 636,222 29
I n Nebraska.
An Extension of the Republican
Valley & Wyoming Railroad
from Beverly westward to Pali,
sade, completed and opened for
business December 22, 1891..
1,743,436 83
Add for excess of Discount over Premium on Bonds
issued, less Discount on Bonds purchased for Sinking
Funds and Canceled..... ........ ............................................
85io1000 m iles.
I n W y o m in g .
An Extension of the Grand Island
& Northern Wyoming R R „
from Merino westward to Gil
lette, completed and opened for
business August 12, 1891........
321,475 65
Total Construction................... .................................. $2,882,014 26
EQUIPMENT.
The cost of equipment added during the year
was............................................................................... *...........
478 9 0 1000 m ile s .
I n So u t h D a k o t a .
A Branch of the Grand Island A
Wyoming Central RR. from
Edgemont northerly to Deadwood. Completed and opened
for business to Dead wood J an.
28, 1 8 9 1 .................. ................
A Branch of the Grand Island &
Wyoming Central RR., from
Minnekahta eastward to Hot
Springs. Completed and open
ed for business July 3 ,1 8 9 1 ...
$2,560,538 61
759,029 83
Total Construction and Equipment.......................... $3,641,044 09
There have been added to the Equipment during the yea r:
Engines..................................
23 IBaggage, Mail & Exp. Cars..
4
Pass’ger & Combinat’ n Cars.
9 Box and Cattle C a r s .........
944
Dining Cars...........................
2 |Platform and Coal Cars.......
200
The Equipment at the end of the year is as follows:
9
Engines.................................
750 Wreoking Cars.....................
Pass’ ger & Combinat’n Cars.
386 Box and Cattle Cars............ 21,962
Baggage, Mail & Exp. Cars..
145 Platform and Coal Cara....... 5,967
Dining Cars...........................
8 Pile Drivers ..........................
5
Officers’ and Pay Cars........
11 Hand Cars ............................ 1,447
Way Cars...............................
376 Rubble and Iron Car».......... 1,077
Boarding Cars.......................
15
465 401000 m ile s
133401000 miles.
I lfl 2801000miles.
D educt.
'Mile age from Bar stow, 111. Miles.
to Coal Mines at Cleve
land, 111.........................2357^00
From Tower Junction,Col.
to the 8tone Quarries at
Tower, Col........... ......... 3 ‘ 00. noo
And from Mitchell, Col.,
to the Mitchell Coal
M ines..............................2iio1000
(All of this mileage is now
operated only as side
track) ........................ .................. 8 i6 "1000 miles.
-------------------------- 108ii3100o miles.
GENERAL REMARKS.
The actual length of road in operation December 311891
was 5,324 miles, against 5,216 miles December 31 1890—an in
crease of 108 miles.
The average number of miles operated by the Chicago Bur
lington & Quincy Railroad Company in 1891 was 5,285, against
5,160 tbe year before. The gross earnings per mile of road
operated were $1,282 14 in 1891, against $5,373 25 in 1890.
The operating expenses, including taxes, per mile in 1891
were $3,509 79, against $3,633 66 in 1890. The percentage of
Total number of miles operated
operating expenses, including taxes, to gross earnings in
by the Company Dec, 31,1891..... ............................5,324690iooo miles. 1891 was 66’45, against 67 '62 per cent in 1890.
D iv id e d a s F o l l o w s :
The comparisons given previously show that while the tons
Number of miles o f Road owned
moved one mile have decreased 8 79-100 per cent as com
and leased by the Company,
including all Branches_______ 5,167i461000 miles.
pared with 1890, freight earnings have decreased only 2 51-100
Mileage leased and o p e r a t e d
per cent. Passengers carried one mile have decreased 109-100
jointly with other Companies,
per cent, while passenger earnings have increased 5 65-100
and Roads for which a fixed
yearly rental is paid................. 1575451000 miles. 5,3246901000 miles. per cent. Operating expenses have decreased 1 17-100 per
cent.
Average number of miles operated during 1891...... 5,28 47701000 miles.
The properties controlled by this company whose opera
LENGTH OF SECOND TRACK.
No Second Track has been built during the year. The num tions and mileage are not embraced in this report consist of
1,112 miles of standard-gauge railroad and 169 miles of nar
ber of miles of Second Track on Dec. 31, l§9ljj was—
row-gauge railroad owned, and 87 miles of standard-gauge
In Illinois.................................
2037o100 miles.
; In Iowa................. .................
8810]a)miles.
leased and operated jointly with other companies.
In Nebraska.............................
4 ;&ioo miles.
They earned, gross, for the year 1891:
Total.............................. ........
LENGTH OF THIRD TRACK.
29660100 miles.
From Freight.................................................... $4,645,32744
From Passengers......................................
1,803,85522
From Mail, Express and Miscellaneous.. 987,064 84
--------------------$7,436,247 50
No Third Track has been built during the year. The num
The Operating Expenses and Charges
ber of miles of Third Track on Dec. 31, 1891,
was........... .—
............ .................................
2970100 mile».
have been as follow s:
(All in Illinois )
CONSTRUCTION.
There has been expended for Construction during the year,
on the Chicago Burlington & Quincy Railroad and Branches
in Illinois :
For Lend and Right of Way..........................$302,500 40
For New Buildings................................... ......
13,040 65
For Burlington Bridge 1 ................................ 174.258 42
1 The expenditure on account of Burlington Bridge is the excess in
cost of a double-track bridge over tbe cost of replacing the old bridge.
- The work will be completed early in 1592.
Operating Expenses.............................. .......$ 4 ,6 0 7 ,5 5 2 56
T axes............................- ..............................
151,672 57
Rent of Tracks and Depots............................
204,62894
Sinking funds.............................................
21,00000
Interest on Bonds not owned by the C. B.
& Q. RR. Co............. ................................. 1,138,118 28
Interest on Debt owned by the C. B. &
Q. RR. Co..................... .........................
$6,122,972 35
354,118 19 6,477,090 54
Leaving Net Earnings.......................... ..............
$959,156 96
A p r il
2, 1892. J
TH E
C H R O N IC L E .
Brought forward........... ............................................. $959,156 96
Add fo r :
.
Interest and Exchange ............................. .....................
Net Receipts of H. & St. J. HR. Land Department....... .
^
,
.
, . , ,
,
$12,592 35
29,528 49
$1,001,277 80
Uut of which have been paid :
Dividends on Stock..............................................................
954,015 68
Surplus for the year.............. ...................................
$47,262 12
Out of the above amounts paid for Interest and Dividends,
the Chicago Burlington & Quincy Railroad Company received,
for interest on securities heid by it, $354,118 19, and for divi
dends on stocks, $953,981 58, which are included in the item
“ Dividends and interest on the Securities of Controlled
Roads ” in this report.
Tlie total debt of all these properties outstanding not owned
by the Chicago Burlington & Quincy Railroad Company De
cember 31, 1891, was $16,887,000.
It will be seen that, owing to the abundant crops of 1891,
we were able to earn something over the dividends for the
year, which amounted, however, to only 4J£ per cent on the
capital of the Company. The arrangements made among the
railroads for the maintenance of rates have helped to prevent
serious reductions, but such arrangements are uncertain and
far from satisfactory, owing to the bad effects of the InterState Commerce Law, which have been frequently referred to
and discussed in our annual reports.
If the country and the cities continue to grow in population
and business, it is in spite of unwise laws, not because of
them; but as most persons do not and cannot take the time for
any careful and connected investigation of the subject, this
prosperity, which is the result of other causes, and which
would be greater if no such laws were enacted, is often
thought to be directly due to them. It is as certain that na
tional and State interference by statute with the natural laws
of commerce must bear bad fruit as it is that, in the long run
the natural laws will prevail.
For further details relating to the affairs of the Company,
reference is made to the Reports of the Treasurer and Land
Commissioner.
By order of the Board of Directors,
CHARLES E. PERKINS,
•
______ '
President.
GENERAL ACCOUNT.
Th e
C h ic a g o B u r l in g t o n & Q u in c y R a il r o a d
Co m p a n y
G e n e r a l A c c o u n t D e c e m b e r 31, 1891.
DEBIT.
Capital stock—
763,926 shares C. B. & Q. stock, reportedDec. 31. 1890.......
4 shares C. B. & Q. stock, issued for 5
per cent bonds of 1903 converted..
$76,392,600 00
400 00
$76,393,000 00
B. & M. R. RR, (Iowa) stock, amount
Dec. 31, 1891.....................................
Funded debt—
C. B. & Q. 7 per cent bonds, payable
Jan. 1 , 1896....... ................ ............
C. B. & Q. consolidated mortgage 7
per cent bends,payable July 1,1903
C. B. & Q. Sinking Fund 5 per cent
bonds, payable June 1,1895, issued
for the Albia Knoxville & Des
Moines R R ...........................................
Less amount purchased for Sinking
Fund and canceled.............................
C. B. & Q. Sinking Fund 5 per cent
Bonds, payable Oct. 1, 1901, issued
for the St. Louis Rock Island & Chicago R R ...............................................
Less amount purchased for Sinking
Fund and canceled............................
C. B, & Q. Iowa Division Mortgage
Sinking Fund 5 per cent Bonds, payable October 1,1919.........................
Less amount purchased for Sinking
Fund and canceled.............................
C. B. & Q. Iowa Division Mortgage
Sinking Fund 4 per cent Bonds, payable October 1,1919..........................
Less amount purchased for Sinking
Fund and canceled.............................
1,905 00
$76,394,905 00
$547,500 00
17,500,000 00
B. & M. R. RR. in Nebraska Consoli
dated Mortgage Sinking Fund 6 per
cent Bonds, payable July 1 ,1 9 1 8 ...
B. & M. R. RR. in Nebraska Sinking
Fund 4 per cent Bonds, payable
January 1, 1910. issued for Atohison & Nebraska RR. Stock................
Republican Valley* RR. Mortgage
Sinking Fund 6 per cent Bonds, pay
able July l, 1919.................................
563
$Q2,12Ó,200 oo
$ 66,000 00
12,894,000 00
3.347.000 00
1.078.000 00
$109,711,200 OO
Total Stock and Funded Debt..................... ............$186,106,105 00
Contingent Liabilities fo r Braneh Boads :
Ottawa Oswego & Fox River Valley RR. 8 per cent
Bonds, payable July 1 ,1 90 0 .....................................
* i 076 OOO nn
Omaha & Southwestern RR. 8 per cent Bonds, pay,w u v
able June 1 1896................... .................................... .
aro 00o nn
Nebraska Railway 7 per cent Bonds, payable October
’
1,A8 9 6 .. . . . . . . . . — .. ............................. ..................
349 OOO Ort
Atchison & Nebraska RR. 7 per cent Bonds, payable
’
...................................... .
^ io s oon no
March 1,1908.
Atchison & Nebraska RR. 6 per cent Bonds, payable
’
’
December l , 1927 (1st Mortgage on Rulo Bridge
and 2d Mortgage on Railroad).........................
901 280 « a
Lincoln & Northwestern RR. Sinking Fund 7 per
’
cent Bonds, payable January 1, 1910.....................
600 000 00
$4,720,280 84
Coupon Interest unpaid (including $1,204,442 50 due
January 1 ,1 8 9 2 ).....................................................
$1,340,786 75
Unpaid Vouchers and Pay Rolls,............................
1,277,533 28
Sundry current accounts.......................... ...............
1,838,648 93
$4,456,968 96
Profit and Loss.......................... ......................................... $6,637.622 80
Rehewal Fund.................................. .......................... J " .
$9,000,000 00
Income Account........................................................
$12,084,705 39
Sinking Funds, showing the total o f payments to and
accretions o f Sinking Funds for—
C. B. & Q. 5 per cent Bonds, account of A. K. & D. M.
RR. Bonds......................................................J.............
$359,368 30
C. B. & Q. 5 per cent Bonds, account of St. L R. I &
C.RR. Bonds..................................................................
1,102,304 21
C. B & Q. 4 and 5 per cent Bonds (Iowa Division)".".". .* 2,213,463 43
C. B. & Q. 4 per cent Bonds of 1921 (B. & S. W. Ry.)
535,456 40
C. B. & Q. 4 per cent Bonds 1922 (Denver Extension)
973,663 74
C. B. & Q. 4 per cent Bonds of 1927 (Nebraska Ex
tension) .......... ...............................................................
991,299 87
B. & M. R. RR. (Iowa) Land Grant Bonds..
8,763,820 47
B. & M. R. RR. in Nebraska 6 per cent Bonds of 1918
3,043,802 75
B. & M. B. RR, in Nebraska 4 per cent Bonds of 1910
(A. &N. R R .)............. .................................... ....
1,044,773 14
Republican Valley RR. 6 per cent Bonds of 1919!?!!
224,105 93
Lincoln & North Western RR. 7 per cent Bonds of
1910.................................................................................
96,600 30
$19,348.658 54
$242,354,341 53
CKEDIT.
Construction Accounts—
Amount of Construction and Equipment reported
Dec. 31,1890.................................................................$112,511,861 63
Amount expended for Construction on Main Line
$538,417 54
in 1891.......................................... .
Amount expended for Equipment in
1891.....................................................
759,029 83
---------------------1,297,447 37
„ ,
,
$113,809,309 00
Cost o f Branch Roads—
Cost of Branch Construction reported Dec. 31,1890. $71,664,569 49
Amount expended for Construction on Branches in
1891....................................V..........................................
2,343,596 72
$462,000 00
$74,008,166 21
Cost of Investments in Chicago & Iow a ; Hannibal &
St. Joseph; Kansas City St Joseph & Council
Bluffs; Chicago Burlington & Kansas City; St.
330,000 00
Louis Keokuk & North Western; Humeston & Shen
andoah; Chicago Burlington & Northern; and
other Railroad Securities............................................. $30,751 958 89
$2,500,000 00
Sundry Investments.. . : ^................................................. $2,208,846 74
Materials on hand for future use.................................. $1,000,352 65
184,000 00
Trustees o f Sinking Funds, showing the cost o f uncanceled
- 2,316,000 00
securities held in Sinking Funds for—
C. B. & Q. 5 per cent bonds of 1895.............................
$229.848 86
C. B. & Q. 5 per cent Bonds of 1 9 0 1 ...........................
927 266 95
3,000,000 00
C. B. & Q. 4 per cent Bonds of 1921............................
535Í456 40
C. B. & Q. 4 per cent Bonds o f 1922.............
973,663 74
108,000 00
B. & M. R. RR. (Iowa) Land Grant Bonds..................
7,501,889 06
2.892.000 00
B. & M. R. RR. in Neb. 6 per cent B onds......... , .......
3,043,802 75
B. & M. R. RR. in Neb. 4 per cent Bonds.....................
1,044,773 14
Republican Valley RR. 6 per cent Bonds....................
224,105 93
10,591,000 00
Lincoln & Northwestern RR. 7 per cent Bonds..........
96,6QyfikÄ0^
2,225,100 00
„
, accounts—
,
$ 14 ,577 ^ 87
8.366.000 00 Current
-*r!13 a
Sundry available securities.........................................
$356,8Sa-38
Sundry Aocounts and Bills Receivable.................. .
2,823,6494)5'
Cash in Treasury.......................... ...................................
2,816,763 48
4.300.000 00
13 2,000 00
C. B. & Q. Sinking Fund 4 per eent
Bonds, payable Sept, l, 1921, issued
for the Burlington <& Southwestern
R y .......................................................
C. B. & Q. Sinking Fund 4 per cent
Bonds, payable February 1 , 1922
(Denver Extension)..........................
C. B. & Q. 5 per cent Bonds, payable
May 1, 1913, issued for Hannibal &
St. Joseph RR. Stock.........................
C. B. & Q. Nebraska Extension Mort
gage Sinking Fund 4 per cent
Bonds, payable May 1, 1927.......... 28,652,000 00
Less amount purchased for Sinking
Fund and canceled............................. 1,087,000 00
C. B. <& Q. Convertible 5 per cent
Bonds, payable September 1,1903..
Less amount converted into Stock___
7,639,200 00
400 00
B. & M. R. RR. (Iowa) Land Grant
Mortgage Sinking Fund 7 per cent
Bonds, payable October 1,1893.......
Less amount purchased for Sinking
Fund and canceled............................
5,058,350 00
in
Brought forward............. ...................
B. & M. R. r r . (Iowa) Convertible" 8
^»er^cent Bonds, payable July l ,
1,155,450 00
$5,997,30091
7.968.000 00
$242,354,341 53
9,000,000 00
— Mr. A . Mi. Townsend, the New Y ork agent o f the H on g
K on g & Shanghai Banking Corporation, has received a cop y
o f the last report for the half-year ending Decem ber 31,1891,
w hich shows a profit for the six months o f $819,874, out o f
27,565,000 00 w hich the usual dividend o f £ 1 10s. per share is paid, and a
balance o f $30,996 is carried forw ard to the credit o f this
year’s profit and loss account. The reserve fund remain« the
7,638,800 00 same, viz., $6,300*000.
—Messrs. Hollister & Babcock offer in the advertising col
umns o f this issue $300,000 Chicago & Eastern Illinois gen
eral consolidated fives. This road earns a large surplus 9ver
3,902,900 00 its charges and pays dividends on its preferred stock.
TH E
561
3
|T OK* 1 1 7 .
C H R O N IC L E ,
Pue ©ommmial firnes.
Th e Mo v e m e n t
C O T T O N .
F r i d a y , P. M., April 1, 1892.
o f t h e C r o p , as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 68,599 bales,
F r i d a y N ig h t , A p r il 1, 1892.
against 65,188 bales last week and 92,186 bales the previous
The weather has continued spring-like and the navigation week, making the total-receipts since the 1st of Sept., 1891,
of the great lakes has been partially resumed. The recent 6,512,111 bales, against 6,297,099 bales for the same period of
189U-91, showing an increase since Sept. 1.1891, of 215,012 bales.
décline in wheat was followed by large purchases for export
Wed. Thur». Fri.
Tue».
Total.
Mon.
Sat.
Receipt» at—
at the West. A diplomatic complication between the United
440 2,276
8,975
806 1,770 2,434
States Government and Great Britain over the seal fisheries Galveston........ 1,249
.........
......
25
202
177
......
El Paso, &o...
has been put in train of adjustment.
5,004 3,973 10,125 1,887 28,171
The following is a comparative statement o f stocks of New Orleans... 4,085 3,097
460
133
l ‘,728
61
235
420
419
Mobile...............
leading articles of merchandise at dates given:_________ ____ F lorid a ............
<
COMMERCIAL
EPITOME.
1892.
April I.
Pork......................................bbls.
L a rd .....................
--tea.
Tobacco, dom estic. . . . . . . . hhds.
Tobacco, foreign .... .....b a les.
Coffee, R io...........................bags.
Coffee, other................... ...bags.
Coffee, Java, & o... . . . . . . . .mats.
S u g a r ..............................hhds.
Bugar.................................boxes.
Sugar............................ bags, &c.
Melado...............................hhds.
Molasses, foreign ..............hhds.
Molasses, domestic ........b b ls .
Hides...................................... No.
Cotton....... ...................bales.
R o s in .............: .............. ...bbls.
Spirits turpentine............ .bbls.
bbls.
Tar............................
Rice, E. I .............................bags.
Rice, domestic................... pkgs.
Linseed................................bags.
Saltpetre............................. bags.
Jute b u t t s .....................bales.
Manila h em p.... ............. bales.
Sisal hemp...................— bales.
piour................ bbls. and sacks.
24.574
30,009
16,868
38.500
130,440
98.571
13,566
812
Noue.
210,142
None.
None.
8,000
344,200
405,688
25,807
591
3,514
12,200
2,500
None.
15.500
57.500
None.
3,136
222,400
1892.
March 1.
24,321
43,011
16,859
32,824
124,951
58,331
21,961
105
None.
89,722
None.
125
13.000
360,300
384,950
25,275
876
1,704
18.500
2,000
None.
13.500
20.000
None.
2,230
235,800
1891.
April 1.
10,813
66,363
22 ,2c 4
38,379
68,825
72,525
55,218
1,135
None
171,658
None.
390
21,000
539.100
149,745
16.000
1,980
1,400
33,480
4,405
3,900
16,500
72.000
2,707
22,100
235,050
829
Savannah........
Brunsw’k, <feo.
Charleston.......
Port Royal,&o
Wilmington.
WaSh’gton,&e
Norfolk.........
West P oin t...
N’w p'tN ’SjAc,
New York........
B oston............ .
Baltim ore........
Pttiladelph’a.&o
1,655
Totals this week
9.492
1,001
1,132
.........
662
470
264
36»
176
200
79
63
269
597
827
606
858
940
552
459
222
614
575
186
454
269
......
.........
105
189
105
158
7.974 11,101
1,360
732
103
2
117
1,632
219
1,317
1,183
598
311
135
2,432
604
1,130
1,019
104
G alveston...
8,975 1,088,291
32,104
El Paso,&o.
202
New Orleans. 28,171 2,288,246
1,728 247,561
Mobile..........
24,316
Florida........
7,609 937,472
Savannah...
951 160,790
Brans., dec.
1,868 442,982
Charleston..
1,483
2
P. Royal,&o
670 153,320
Wilmington.
D AILY CLOSING PRICES OF LARD FUTURES.
2,340
Waah’tn.&c
F ri.
Mon. Tue». Wed. Thur.
Sat.
4,953 469,347
6-52
6-58 Norfolk........
6-53
6-60
6-60
May delivery............ ....0 . 6-51
4,804 296,409
U‘ 7U
6-63
West Point
6-62
6-72
6-70
6 65
July delivery.._____
6-79
6G9
6-69
6-80
43,105
678
702
August delivery---- ___0.
NwptN.,&c
80,668
1,340
In other “ provisions” there is scarcely a change, except New York__
1,591 107,264
Boston.........
some advance in pickled hams and shoulders.
70,355
3,794
Baltimore...
66,058
Coffee on the spot has been dull and values have declined; Phil’del’a, &o 1,239
10,093 936,651
23,643
50
33,032 1,888,646
3,611 271,206
42,774
70
12,170 1,033,025
1,561 175,698
10,087 454,665
687
1,037 182,126
3,744
6,541 581,159
5,276 318,015
88,006
612
5,818 115,882
90,363
2,277
48,140
105
42,669
1,769
Rib is quoted at 14^c. for No. 7. Mild grades have been
quiet but steady; good Cucuta is quoted at 21^c. The specu
lation in contracts has been fairly active, but at declining
prices, owing to unloading by “ longs,” stimulated by weaker
European and Brazilian markets and to the dulness of the spot
market. To-day the market was dull and easier under weak
European advices. The close was steady, with sellers as fol
lows:
Receipt» to
April 1.
"T a rd on the spot has been fairly active at times and is
rather firmer at the close, though quiet, at 6 @ 6 ’05c. for prime
City, 6-60c. for prime Western and 6 -95c. for refined for the
Continent. The speculation in contracts has been fairly
active, but at feverishly unsettled prices, a smart rally taking
place tc-day, in sympathy with the dearer corn ¡markets and
smaller receipts of swine at Western points.
4,953
4,804
702
1,340
1,501
3,794
1,239
165
1,362
78
9,871 19,769 10,392 68,599
1890-91.
Thi» Since Sep.
Week. 1,1890.
—a decline of 35(§60 points for the week.
Raw sugars have been fairly active, but at a further decline
in prices, closing at 2% c. for fair refining muscovado and 8^ c .
for [centrifugals, 96 deg. test. Refined sugars have bees in
fair demand and steady; crushed is quoted at 5@5%c. and
granulated at 4% '§4^ 0. The boiling grade of molasses has
been quiet but steady at ii% c . for 50 deg. test. At the tea
sale on Wednesday the offerings were moderately large, but
prices were generally steady.
Kentucky tobacco has met with a fair inquiry, and stocks
of, low grades are a good . deal reduced. Seed leaf more ac
tive, with sales for the week 1,900 cases, as follows: 700 cases
1890 crop, Wisconsin Havana, 12@14^c.; 650 cases 1890 crop,
Pennsylvania Havana, 13%@ 40c.; 250 cases 1890 crop, State
Havana, 14@25c.; 150 cases 1890 crop, Pennsylvania seed,
12%@14c., and 150 cases sundries, 6^ @ 35c.; also 750 bales
Havana, 70c.(§$1 15, and 250 bales Sumatra, $2 25@3 25.
Of metals, Straits tin has been dull and unsettled, but the
close is steady at 19 90c. Ingot copper has been more freely
offered, under which prices have lost part of the late advance,
closing at 11-90c. for Lake. Domestic lead is firmer, but quiet
at 4*25c. Pig iron more active at full prices.
Refined petroleum is quoted at 6’20c. in bbls., 7-50c. in cases
and 3-70c. in bulk; naphtha, 5c.; crude, .5‘40c. in bbls. and
:2*90c. in bulk. Crude certificates closed at 56J£c. Spirits tur
pentine is firmer at 38}^c. Rosins are quiet at $1 37^@$1 40
for strained. Hops have sold more freely at rather better
prices.SiWool is dull.
35
For comparison we give the following table showing the
week’s total receipts, the total since September 1, 1891, and
the stock to-night, compared with last year.
1891-92.
Thi» Since Sep.
Week. 1,1891.
O ct................. 1200o.
April.......... .. 12 90c. I July................. 12-20c.
M a y ................ 12’65o. A ug................. 12’20c. N o v ................ 12'OUe’
June.. . . . . . . . . 12"30o. I Sep t..... . . . . . . 12'lOc. D eo.................. 12-OOc'
7,609
951
1,868
2
670
Total*........
68,599 6,512.111
Stock.
1892.
1891.
38,471
40,026
861,753
23,762
292,742
30,584
56,170
3,647
45,587
4.7,729
974
87,108
14,814
6,621
38,112
7,799
407,031
11,500
33,293
12,618
14,191
3,923
2
153,265
8,500
6,791
3,829
94,109 6,297,099 1,054,557
648,539
In order that comparison may be made with other years, we
Receipts at—
1891.
1892
1889.
1890.
1883.
1887.
Savannah...
Charl’st’n.&c
Wilm’gt’n,&e
Norfolk........
W’t Point, &c
All others...
9,177
28,171
1,723
7,609
1,870
670
4,953
5,506
8,915
10,143
33,032
3,611
12,170
10,087
1,037
6,541
5,888
11,600
3,076
16,790
374
2,524
870
127
2,308
2,054
6,254
5,349
11,532
1,565
4,340
1,076
855
2,043
7,246
12,495
3,461
12,740
466
4,313
1,663
244
1,797
3,375
11,504
309
14 547
619
1,221
909
252
4,143
1,308
0,600
JoLthisweek
68,599
94,109
34,377
46,500
39.563
20,308
Galv’ston.&c
New Orleans
Since Sept. 1. 6512,111 6297.099 5.609,0.38 5273,337 5133,600 5070,191
The exports for the week ending this evening reach a total
of 110,192 bales, of which 46,411 were to Great Britain, 25,021
to France and 38,780 to the rest o f the Continent. Below are
Export*
from—
From Sept. 1,1891, to Apr. 1,1892. (
Week Ending April 1.
Exported to—
Exported to—
Conti
Great I
Total
Conti
Great
France
Total.
nent.
Brit'n. France nent. Week. Britain.
12,611 6,472 4,214 22.297
New Orleans.. 18,953 18,200 12,631 49,901
Savannah ......
Brunswick . . ..
C harleston....
W ilm ington...
.......
4,400
4,400
3,291
3,291
1,233
1,233
W est P o in t...
N’portNws, &c
New Y ork .......
615
3,673
9,231
.......
1,289
5,073
9,091
Philadelp’a,&c
T otal...........
T otal, 1800-91
195
615
9,935
9,231
9,091
195
46,411 25,021 38,760 1110,192
48.2701
627,052 76,627 112,975 816,654
794,677 443,236 517,497 1,760,410
87,866
37.868
175,926 30,197 274,011 480,134
103,796
98,947 4,849
160,030 5,550 167,124 332,704
46,487 108,153
61,671
31,426 176,339
137,011 7,900
96,353
12,383
83,970
27,209
21,937 6,872
618,824
343.580 26,611 148,633
213,985
9,167
204,798
95,308 176,242
73,255 6,679
15,698
1
708
14,990
2,835,710 611,931 |l,415,721 4,563,352
6,146 40,5081 94,924 2,757,642 501,707 11,601,104 4,86«.45 S
TH E
A p r il 2 , 1592. ]
C H R O N IC L E
«
OW®»
G^SP?
Hr
3 2.5
0 3.2.®1
w
£r*3
O
C
ft
®
C
P
S
o
®
»
® ®,§ 2 * © OD P*
®
« fB a
B OB'* ET S’®-° 2
B CD*
T*WC> « w Sm
»
S rK
■p*r
I oK
>
1
>
tr
» ••
V
-P
t
d
;
co
0 : «
p:
crq• o
®®
0? . te
St I
0»
03
9
^ In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
eleared, at the ports named. W e add similar figures fox
New York, which are prepared for our special use by Messrs,
Carey, Yale & Lambert. 24 Beaver Street.
On Shipboard, not cleared—fo r
April 1 at—
Other CoastGreat
Britain. France. Foreign noise.
18,956
1,424
None.
Nono.
None.
5,000
4.800
12,000
6.296 ,27,065
6,931
None.
2,500
None.
5,000
None.
None. .None.
2,816
None.
6.250
400
9,000
None.
7,514
3,038
1,200
300
None.
3.000
None.
None.
59,831
11,393
3,700
5,300
None.
10,816
11,450
21,000
301,922
27,078
52.470
40,287
23,762
27.296
395,581
62,671
Total 18 9 2...
42,150
6,696 59,502 15,052
123,490
931,067
Total 1891...
Total-1890...
66,050
23,000
5 ,lf0 47,561
2.072 21.547
13,621 132,332
56,834
7,155
516,207
293.304
New O rleans...
Galveston........
Savannah.........
Charleston.. ..
M obile..............
Norfolk.............
New Y ork........
Other p o r ts ....
The speculation in cotton for futuro delivery at this marke t
has been dull for the week under review, with prices declin _
ing, yet fluctuating. Neither party seemed very confident o f
its position, and proceeded cautiously, reversing action at
short intervals, and for verj slight causes. Operators for a
rise were discouraged by the large stocks and the weak ac
counts from Lancashire. On the other hand, the low prices
made those favoring a decline act cautiously. Still, these
showed early in the week more courage than their opponents.
Following an advance on Saturday to 6 92c. for August, they
forced a gradual decline, until on Thursday that month
sold at 6 70c. * The crop movement was swollen by
receipts at New Orleans much in excess of esti
mates. The weather at the South was
generally
reported good, but with indications at the close of a storm.
To-day, with a better report from Liverpool, there was an ad
vance, owing to the marked reductions in stocks at interior
towns, showing that cotton is being taken off the market with
much freedom. Cotton on the spot was quoted down l-16c
on Monday, again making “ the lowest figures of the season.’
The close was quiet but steady at 6 11- 16c. for middling up
lands.
The total sales for forward delivery for the week are 410,100
bales. For immediate delivery the total sales foot up this week
2,126 bales, including 400 for export, 1,726 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—March 26 to April 1.
Ordinary.............................<pib.
Strict Ordinary........................
Good Ordinary...........................
Strict Good Ordinary................
Low Middling............. ...............
Strict Low Middling..................
Middling......................................
Good Middling..... .................. .
Strict Good M iddling...........
Middling Fair.............................
Fair..............................................
GULF.
Th.
Sat. M o n T n e s W e d
UPLANDS.
4^16
4*0
4 hi
41*16 i f t .
56»
»
5i»i„ 57s
6*4
6*4
6^
6*2
f6 o16
%
6**16 6**16
7
7'
l i 16 7*4
7*4
10
7*3
i6
770
7*»!«
8*4
8316 8*16
Sat. ITIo il T u e 8
&
5916
57s
6*4
6 *«
6**16
7
7*4
7*316
8316
F r i.
46ie
4**16
» 916
578
6*4
4*16
4**16
5*16
570
7
7*4
Zi3*®
8*16
7
7*4
7**16
8*16
F r i.
6*4
6 **
6*2
6**16 6***6
W e d T il .
Ordinary............................. ffib . 4hi
c j 1*® 4**16
Strict Ordinary........................... 51«
0*18 f 1®
Good Ordinary........................... 6
5*°16
i®
6*4
S ;riot Good Ordinary................. G'ie 6*4
650
Low M id dlin g.......................... g i i « 6 °s
670
Btrict Low Middling.................. G1o16 678
Middling...................................... 7is
7*16 71!«
730
Good Middling............................ 7 71S 730
75?
Strict Good Middling................ 71*16 758
Middling Fair............................. 8*4
83*6 8*16
8*0
Fair..............................................
8916 8»16
S a t. M o il T u e »
STAINED.
4**16
5*16
5*616
6*4
6*8
67s
7*16
730
750
8*16
8»16
W ed
4**16
5*16
5*°16
6*4
6*8
678
7*16
730
7*8
8*16
8916
Th.
4**16
5*16
51E-1«
6*4
650
Ö7S
7*1«
730
730
8*16
8916
F r i.
3*3*6 3*3lfl
Good Ordinary............ . . . . V lb. 3 7s
Btriot Good O rdin ary.............. 4*0
cl*® 4716
530
5*16
Low M iddling................ ..........
6*4
Middling...................................... 6&1« 6*4
MARKET AND SALES.
3**16
4 ’l6
^*®
«*4
3*3ia
4*16
5*16
6*4
3**16
4*16
5*16
6*4
•ALBS o r SPOT AMD TEAMSIT.
Saturday
Monday..
Tuesday..
Wed’da y.
Thursday
F rid a y...
D u ll.................
Quiet at *16 dec.
D u ll...................
D u ll...................
DuU...................
D u ll...................
T ota l...
f T h e Sales and
Ex
port.
40Ó
Oon- Spec- Transump. ut’t’n rtt. Total.
880
127
64
79
122
454
400 1,726
P r ic e s o f F u t u r e s
fa llo w in g co m p re h e n s iv e t a b le :
K>°"
O____
©___
:
£o>
1
»o
'■"te
I ®©
r:
©©©©
«
ài
vi s*■
©CO
I Od
© °W
CiCi
10
CD
O
©
® o
©
880
127
64
79
522
454
Salta o f
Futura.
41,600
100,000
50.000
70,100
88,400
60.000
ft ft i
a l:
1
C•
i1
©
te -IteO
I$
I®
05 I
<JC *4
ft
£-<S!
05
Od Od
Od
* © rfà- V'V’i®©
O
K ite
»te
©© % 9 9
V'O’i
tete
©
o ®
** ceco
I
00
©© © © ©©o©
&x© tlx v>vi ® vi
Ite Ite
ÒÓÉ5
^
i ® i® :
Cl
OS Oi w 05
Q CD
A
Cl
te
©© ¡5
-1 -3
2
©t-»to*<
I ®p:
CdOdOOd
©© ¡5
Vi© ^
1 » .« :
to
obQD® QD
to
©©
©ó
►
©©'
©VI
®
•►CO r
1
te
© ffi
© c ®
MF-
©
O
ffi© <]
00
©9 Zi a ©
©Vi
er. vi 2 -3 -3
i
I ®p:
»«: II
©
, ©c
< ©©o© 99©©
,©
c©
1 © w © W©^©
Cd Od
ro
te
99 ^
CD ®
® © 2 -3 » ® 00
©-3 ^ #-©»-►< C© ^
1e»:
©
S»«* ^
o© ®
© » **
i ft®:
CO
-4-40-4
^ M0 0
OM CO
<1^1
ct>
4
coco ►
t ®
I a»«®:
ite
©©©©
'©
l ®.^:
© 00® OD
© MW ©
©ffi
»-3
►
2
COVI ite*’
I ®^>:
Od Cd O Od
0505 ^
©6b ®
«Ite **
1« « :
Ol
0505C 05
®©^cö
IteM 00
(te
il
©© ®
©©to'*
I e r©1:
Od Od
te
ffi©
©© ®
1
9*?©*?
©o o
O
te
05 05
5
0505
CC©
v ie i «
®
^
:
ü ®
®
- i »
i « r :
^
05<J005
05 0 5 0 0 5
-J ©
<
© ««
®
w ©
**
« * > :
•a
-h -3 © ©
t c ó ° ò
CJ«tO
ui
Ò Ó ^ lÒ
OC O
CO
Ó Ó ® ®
► tei
CD
00
-1-3 ^
©©
©© 2*■* o©
ite© 2
p
i« :
I al»!
to
-3-30-3 -3-30-3
©O® © ©Ó®©
O© ©
©©
I9
^
©
N
99
Cj OdOCÄ
<109 C
► Ci 3) ^ © a
©© ■
< -d-q o -i^i 2I
-3 -3
2
©Vi
MOlte’’ Ite Ite
I ®-3;
I ®w
«:
I ®.®:
CN
*
Cd
Q
O
d
ffi
©
o
©
^
1009 M
te
©© 5 » » 5 ©©
CD^ ® ocob ® obob
o © ^ Ite^ ** -i-i
1
1® r:
i 1 «:
05
05
CO
CdOOO) 005005 o o OOI
ODob® ob 0D©®0D obob^Oü
MO o Cno M oco 00
CftOCJ
«5
CO
M Cnm ^
i® :
-4 I 0-4
© tei ®te
05
M
>
n»
©
00-3
OdOl
Oddi
OdV
édd
01
(►
*
w© 2^
I e «•:
C»
CjiV>ö Oi V'©ÖÄ
IO »fa
© ©
l • « :
M
05 O O 05
-I©
©©
•^dOi M
I eP :
I ®i°:
©©©© © 9 ©©
O
;
I 0 .^:
I
i 05^:
CO
ffi© c ffi Od Od O Od
I
VI
Cd G%
Od Od
Od Od
to
p ^ s fs
•It?
:.®£B
l
. a©
I «5*:
I ® r:
tea
© a© © © © o©
m
O
fi©»|te
CO MMUB Wte-w
itete CD
to t e © • is
VI te
W
CD VI
to
CO
te.
► 9 9 ^te- ©© te- epej 5
9 9 5 a.©. •
< yi Jx ® V iv i ®<
if^ 2 CCto s-“12-* to to ►* O C I-14 ©©
wco 2^
©-1
*-*o
S© oo
5 »P 3
©
99^
9 9
C&CO
Iö :
te*
© . ©ffi
9® < 9 9 £
WW ® cèco ®
wto p -4-3 **
©©
te w
© o,
itev*
»4
:
© . :
CO » '
00
1 i •
©
. |(XH-te
©9 ¡5 9 9
*4
I ®:
00
CVTJgpgS'a&e
CD O ® 3
a
g-SSg*
p
<< CP®CD-CD P*
SO S $ £
WÒ
ft* p-rg1 ci 8 *
iSO!. •
K)
50 »
p:
s
a
PM
? 1
»4
:
.
H
Q*t>i» o
o 3.2.5
©
14
10
1
5
-h -i
c ©
c c
M t e * ® te*
© -©
1«
®
**
:
10
te
te
-3-3 ¡4 -3-3 ¡5 *?*? 5
te*to 2
te
*
©
2
®
°
2
—
3© ^ CO© ** ©O P
i «„H:
-i
I ö.^:
©
I ® »:
©
-3-JO-3
t ò t ;® »
©P-*_©
te
►
-4-4 £ -4-4 ¡J -4-4 5 •? | <
tete ® tete ® lite ® © 1 ®
j cu ^ « © *
IteIte “ —
i ® «:
i
i « i 5:
I ft *®:
Od
CO
O
05
-4-40-4 -4-10-4
-4-40-4
telò® te tete®H kòte^te CCÙ CC
CnM 05 0000 05 MCO 00 c o ©
(>
l? -4-4 •
-4-4 ►
4 1
11
1 <
®
a>
1 © COtó o
IteIte »4
I®
-3-30-3 -3-30-3
tei
II
II
®; :
I®
d:
I1
®®
II
• Includes sales in September, 1891, for September, 19,«00; Beptember-Ootober, for October. 344.200; September-November, for Novem
ber, 619,000: September-December, for December, 1,067,300; Septeaber-January, for January, 3,997,200; September-February, for Febru
ary, 1,739,800.
The following exchanges have been made during the week:
•10 pd. to exch. 100 Sept, for Oot.
•50 pd. to exch. 3,000 Aug. for J an.
•12 pd. to exeb. 100 April s. n. for
May
•09 pd! to exob. 100 May for June.
*09 pd. to exob. 200 July for Aug.
-45 pd. to exch. 200 May for Oet.
26 pd. to exob. 100 May for Aug.
*45 pd. to exch. 500 May for Oot.
*28 pd. to exeb. 2,800 Aug. for Nov.
-38 pd. to exob. 1,000 Aug. for Deo.
T he V isible Supply of Cotton to-night, as made up by cable
and telegraph, is as follows. The Continental stocks,^ as well as
those for Great Britain and the afloat are this week’s returns,
and consequently all the European figures are brought d o w n
2,126 410,100
....
40 Thursday evening. But to make the totals the complete
a r e s h o w n b y lb e figures for to-night (Apr. 1), we add the item of exports fr o m
the Lnited States, including in it the exports of Friday o n ly .
••••
••••
?$
|f
B *o®
• -4©>*
H
*—»-j 05©
CD O fb P j
£2*©0Bp
£
"" w o -
O -JO n P ®s®
®3
3 ài» 3 3®-®»
Mo* v -ioc®
B ¡te® ®
p
3 -4 0 - 2
J.O
Ó®?
Ù®
3» U)00O
li
The total sales o f cotton on the spot and for future delivery
•ach day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows at a glance how the market closed on
same days.
SPOT MAEKET
CLOSED.
<12.
►
»z
» CD
Leaving
Stock.
Total.
665
TH E
666
C H R O N IC L E
1892.
1891.
1890.
»took at Liverpool.........bales. 1,731,000 1,179,000 1,158,000
Stock at L o n d o n ............. 17,000
16,500
15,000
1889.
860,000
15,000
Total Great Britain stock. 1,751,000 1,195,500 1,171,000
4.000
4.000
3,400
Stock at Hamburg.. : ...............
Stock at Brem en............. ........ 151.000 184.000 140.000
7.000
19.000
28,000
Stock at Amsterdam................
300
300
300
Stock at R o tterd a m .............
5.000
8.000
5.000
Stock at Antwerp..................
374.000 223.000 158.000
Stock at H avre........ ........... .
4.000
6,000
9.000
Stock at Marseilles........ ..
90,000
86,000 103.000
Stock at Barcelona........ .
7.000
9,000
18,000
Stock a tG în oa .........................
5.000
19.000
17,000
Stock at Trieste................... . .
875.000
Total Continental stocks........
420,300
265,400
Total European stocks.. .. 2,442,700 1,770,800 1,591,300
India cotton afloat ior Europe. 145,000 256,000 360,000
Am er.cott’nafloatfor Europe. 360,000 324,000 232,000
Egypt,Brazil,&c.,afltforE’r’pe - 31,000
33,000
22,000
Stock in United States ports ... 1,054,557 648,539 350,138
Stookin U. S. interior tow ns.. 390,444 298,375 125,444
United States exports to-day.
21,07.6
li,4 6 1
14,407
258,009
330,000
22,000
548,107
158,594
10,008
691,700
575,300
2,000
31,000
19.000
400
10,090
130.000
3,000
56.000
6,990
8,900
Total visible supply.......... 4,444,777 3,342,175 2,695,289 2, 467,109
Of the above, the totals of Americanand other descriptions are as folio wf;
JKm.p.rrr.nr,._
Liverpool s to c k .........b a le s . 1,466,000 882,000 911,000 665,000
531,000 458,000 346,000 181,000
Oontinentalstocks..................
American afloat for E u rop e.... 360,000 324,000 232,000 330,000
United States stock................. 1,054,557 648,539 350,138 548,107
United Statesinteriorstocks.. 390,444 298,375 125,444 158,594
United States exports to-day.
21,076
11,461
14,407
10,008
Q u o t a t io n s
[VOL. L IV ,
for
M id d l in g C o t t o n
at
O t h e r M a r k e t s .—
Below we give closing quotations of middling cotton at South
ern and other principal cotton markets for each day of the week:
Week ending
April 1.
CLOSING QUOTATIONS FO B MIDDLING COTTON ON—
Satur.
Galveston...
67ie
6k
New Orleans
Mobile..........
6k
Savannah...
6Bie
Charleston..
6k
Wilmington.
6k
6k
Norfolk........
Boston........
6k
Baltimore...
6k
Philadelphia
7
Augusta. . . . 638®7ie
Memphis....
6*16
6*8
8t. Louis___
Cincinnati..
6 78
Louisville...
7
67ie
638
6k
6k
6^4
6k
6k
6U16
6®8
7
63ft
6*16
Sit16
678
7
6718
638
6k
6k
BM;
6k
6k
6“ ie
6k
7
63s
6*16
6*16
678
7
6716
63a
6k
6Bie
6k
6k
6k
6k
6k
7
638
6*16
6*16
670
.7
Fri,
Wednes.
Tues.
Mon.
67ia
6%
6k
6k
6k
6k
6k
6U16
6«8
7
6 k ® Bie
65ie
6’ ie
6k
7
6?i«
0*8
6k
6k
6k
6k
6k
61116
6*8
7
6 k ® 6i8
es16
65i8
6k
7
The closing quotations to-day (Friday) at other important
Southern markets were as follows:
Atlanta............
6 k Little R o ck . . . .
6
N ew b erry......
6
Columbus, Ga.
6
M ontgom ery..
6 k Raleigb.......... .
6k
Columbus,Miss
5 k N ashville........
6k
Selma
—.
6k
Eufaula.. . . .....
6
N a t c h e z .......
63xe S h revep ort....
6
R e c e ip t s F r o m t h e P l a n t a t io n s .— The following table
indicates the actual movement each week from the plantations!
The figures do not include overland receipts nor Southern
consumption; they are simply a statement o f the weekly
Total American..................3,873,077 2,622,375 1,978,939 1,892,709
movement from the plantations of that part o f the crop which
Mast Indian, Brazil, Ac.—
'•
_
Liverpool stock.. . . . . . . . . . . . . . . 263,000
297,000 245,000 195,000 finally reaches the market through the outports.
London stock............................
17,000
16,500
15,000
15,000
Oontinentalstocks................ .
India afloat for Europe.......... .
Egypt, Brazil, &o., afloat........
110,700
145,000
31,000
117,300
256,000
33,000
74,300
360,000
22,000
84,400
258,000
22,000
Total East India, <fcc...'.... 571,700 719,800 716,300 574,400
Total American.................. 3,873,077 2,622,375 1,978,989 1,892,709
Total visible s u p p ly ....... 4,444,777 3,342,175 2,695,289 2,467,109
Prioe Mid. Upl., Liverpool___
3916<1.
4 7sd.
6kd.
5kd.
PrloeMid. Upl., New Y o rk ....
6U i6o.
9c.
llk e c .
10kc.
jgg- The imports into Continental ports this week have been
65,000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 1,102,602 bales as compared with the same date
of 1891, an increase of 1,749,488 bales as compared with the
corresponding date of 1890 and an increase of 1,977,668 bales
as compared with 1889.
A t t h e I n t e r io r T o w n s the movement—that is the receipts
for the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period o f 1890-91—is set out in detail in the
fo 11owing statement.
Week
Receipt» at the Port». St’k at Interior Towns. Rec’pts from Plant’m .
Ending—
1890. 1891. 1892. 1890. 1891. 1892. 1890. 1891. 1892.
Feb. 28......
Mch. 4.......
“
11......
« 18......
“ 25......
April 1.......
86,008
63,561
54,735
33,5*7
41,065
34,877
126,896 142,663
112,679 119,758
87,541 93,396
92,675 92.186
100,803 65,186
94.109 68.599
240,659
214,007
188,972
163,977
139,973
125.444
410,667
896,427
373,228
347,014
319,369
298,376
522,746
499,067
479,393
453,893
426,662
390,444
67,546
36,902
29,700
16,562
14,061
19,848
O v e r l a n d M o v e m en t
fo r the
W
e e k a n d s in ce
M M WM tO W
1 0 0 ^ 0 5 05
fcOtOtOlO^tOn-COMCOMCOtO
TFeefc.
t£ O M! fcOWC*CD^M©CDtvMCtfWCDaccM^©MM(X>(X)©v|©fcOM
© M M MOO 1005^4© W © M M CDCDOOOD 00 fcOM M M CD©CD © M
Shipped—
Via St. Louis................................
Via Cairo......................................
Via Hannihal...............................
Via Evansville............................
Via Louisville..............................
Via Cincinnati........... .................
Via other routes, <&o...................
O
1305
H*
<1 H*
H> J?
l»*.rfk.tO|U|HWW»lH‘ WtOH‘ WO;H‘ OOt®Wl'Oeo<l®W-3lHtO®Wa5'V|<l S a
c o t H c o c o c o cd
p to w e e p p m t H p p p p ^ © p © © i s h >w o t cd
M
S
>•c*
© ’© b i w a oiH 'w T o w < 5 0 0 1 0 © cc © to w 0 0 coTp. w ^ b s l o c o l o w c o w T ^iwa-jaocoai-tcoi^MCo —c»ww<iip.toi-‘OocoaQocoacD<iiP»-QD
C O r - h - 'iP -C O Q O C D O O t O M 'lW C O t O H O O W t -W O t O ^ C D lf^ C D C D t o a W
M
M-Q
< 1 cd t o h h
H*
pH *
w to
to
' o w c o m to to h o w w os to w to G5Q0 co rfa. h * ih
to
W
H
W
to £. ©
m coTh
t-toiHCDcoiB‘ Owco^<iatowooH‘ Wit-at*Ha-jwiH(HcoaoDcoH‘
W © C 0 X 0 0 0 D O 0 D -lt0 » 3 C 0 © C 5 © C 0 W t0 l-‘ C 0 3 0 t0 t0 © l-‘ W -5 < lt 0 -'lW
©
‘ to
OJ<H WH rf^pp; to H*p ppwP>J)®b5H WpwpptHO
O mTh 05© to ao© • tow-« toTn05© © 7-1-i w w <ib>® © onWÎHgo
sÄ-S-3
ri
Ns a
10
COtO <1 <3 tO © M M -si
© © M C D M M M M *O C O
W ^QOQOW W ©©
O r -iM ^ t Û M O W O W O C C O W C D 0 îM M C C i-(0 O
CDGO0)00 O M
05
•^© tO fcO W CD © © CD W W «© © W Sn<X >© © ©W W CD ©<lfcO © ©W © Q O CO
1890-91.
CD
CO 05
M
05
M
tO
»^ CO CO 05 <1 to 05 M CO CO M O to to ay to W to
<3 00 M CO rfx 00 00 05 <100 O»
© © 05 05 M M 05 M to M M <J >-* tO tO © M 05 X> M 05 <3 00 05 M O 00 05 © © O
©~C0Q0<1©WV©WM^M©M©C©0©©©©M©Vm <j1o©© W
t0MQ0C005 05O5Üt00C0MMO05C0CDOO<37Dt0<l05CDl^^lOOt0Oi0>
*-.ia0©CD©©©t0*-M©©fc0W©fc0W©M©O^t0©©©^^CDC0M
M p
M
p p
H
p f j —•CO
MM
561,338 119,667
4,205
322,703
155,715
34,076
985
175,015
5,619
2,106
123,695
1,498
142,959
Since
Sept. 1.
538,313
266,027
84,511
25,793
185,866
161,657
133,219
459,852 17,111
485,236
Leaving total net overland*.. -16,777 1,055,649 ' 16,969
* Including movement by rail to Canada.
t Revised.
910,180
14,749
1891-92.
52
*©05tOOo'Vj'm ©VCO<1M ,'c>05CO05
fcO©'©© tOÜlV
OCD05C000t005^F^C0t0C0t005C0^ 0500©CD<3tf^Mtf^M^3OWC0O05
O 00 <3 00 CO M CO tO CD© <3 © <3 ^ ^ 3 00 CO tf^CO © 0 0 CDCD 00 M fi* M M
to
©
p © M ^M pp
00p
<1 I« ga
pW CO rf=‘OOHOiHi M;
© Ol 05 Ol ©CO *000
0 5 < lt 0 jK M GÖ' © m I o • 00 • © m : VülCDtO^IOOCO
tOM©a5©tOlOM^QO^JMCHOl05GO
©<IOC©COQOWCO©;
w*
WMO5MGDQb0WÜi. ©•
M0500Q0OiMt0OC0fc005CP^3t0)frC0
* Louisville figures “ net ” iu both years,
i Last year’s figures revised.
The above totals show that the interior stocks have decreased
during the week 36,218 bales, and are to-night 02,069 bales
more than at the same period last year. The receipts at all the
towns have been 13,278 bales less than the same week last
year, and since Sept. 1 they are 163,559 bales more than for the
same time in 1890-91.
TFeefc.
The foregoing shows that the week’s net overland movement
this year has been 16,777 bales, against 16,969 bales for the same
week in 1891, and that for the season to date the aggregate net
overland exhibits an increase over a year ago o f 115,469 bales.
r? O
ft
0 1
M
11,356
7,096
1,094
412
7,108
3,026
1,434
Since
Sept. 1.
Total gross overland............... 31,526 1,515,501 34,080 1,395,416
Deduct shipments—
9,969 297,054
7,964 324,345
Overland to N. Y., Boston, &o..
3,248 104,481
2,132
57,586
Between Interior tow n s............
3,894
77,921
83,701
4,653
Inland, &o., from South............
Total to he deducted...............
COCOOtO’-'-JOOlHCO; WWCD-4WWCOCD©-DH©WtOCDCOI-‘ GOWtOCO
tO ^ O tH tH -JM -J C O - CCtf>-tOCO©W©f-WCO©iHC5C5WCO(H®-q©CO
S e p t . 1.—
We give below a statement showing the overland movement
for the week and since September 1. As the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
the principal matters of interest are given. This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the week ending Apr. 1
and since Sept. 1 in the last two years are as follows:
1891-92.
CAfcOCO1
116,659
06,079
78,728
66,686
87,957
32,381
The above statement shows: 1 .—That the total receipts from
the plantations since September 1,1891, are 6,846,626 bales; in
1890-91 were 6,580,904 bales; in 1889-90 were 5,719,912 bales.
2.—That, although the receipts at the outports the past week
were 68,599 bales, the actual movement from plantations was
only 82,381 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the week were 73,115 bales and for 1890 they were
19,848 bales.
April 1.
§ ^
117,726
98,339
64,343
66,461
78,158
73,115
In Sight and Spinners’
Takings.
Receipts at ports to April 1........
Net overland to April 1...............
Southern consumption to Apr. 1.
Week.
1890-91.
Since
Sept. 1.
Week.
Since
Sept. 1.
68,599 6,512,111 94,109 6,297,099
16,777 1,055,642 16,969 910,180
14,000 450,00C 11,000 419,000
Total marketed............ .......... 99,376 8,017,760 122,078 7,626,279
Interior Btocks in excess.............. *36,218 334,510 *20,994 283,805
Came Into sight during week.
Total in sight April 1 . . . .......
63,158
8,352,27;
.......... .
101,084
....... 7,910,084
North’n spinners tak’gs to Apr. 1l| •....... ll,829,21:L
* Decrease during week.
....... 1,717,244
It will be seen by the above that there has come into sight
during the week 63,158 bales, against 101,084 bales_ for^ the
same week of 1891, and that the increase in amount in sight
to-night as compared with last year is 442,191 bales. | ,-$M sdl
A p r il 2 , 1892.J
TH E
C H R O N IC L E .
W e a t h e r R e p o r t s b y T e l e g r a p h .— Our telegraphic ad
vices from the South to-night indicate that the weather has
been quite satisfactory as a rule, and that preparations for the
next crop have made good progress.
Galveston, Texas.—It has been showery on one day of the
week, the precipitation reaching three hundredths of an inch.
The thermometer has averaged 64, ranging from 55 to 72.
During the month of March the rainfall reached one inch and
forty-five hundredths.
Palestine, Texas.-—Contrary to expectations, fruit was not
entirely killed by the frost, and a fair crop will be made.
Corn and cotton planting are both progressing well. The
weather has been dry all the week. The thermometer has
ranged from 42 to 84, averaging 63. March rainfall three
inches and twenty-nine hundredths.
Huntsville, Texas.—Planting is active. Fruit promises a
moderate yield. Rain has fallen on one day of the week, to
the extent of forty-five hundredths of an inch. Average
thermometer 63, highest 83 and lowest 43. March rainfall one
inch and ninety-three hundredths.
Dallas, Texas.—Corn and cotton planting are going ahead.
Notwithstanding the fact that the thermometer last week fell
below freezing everywhere in the State, it now seems that
fruit was not entirely killed anywhere. A moderate yield
will result even in this section that suffered most, and many
sections will make a full crop. There has been hard and wel
come rain on four days of the week, the rainfall reaching one
inch and sixty-nine hundredths. The thermometer has aver
aged 53, the highest being 70 and the lowest 36. The rainfall
during the month of March reached four inches and seventythree hundredths.
San Antonio, Texas.—It now appears that fruit was not
badly hurt by the cold weather. Planting is active. There
has been no rain all the week. The thermometer has aver
aged 65, ranging from 44 to 86. During the month of March
the rainfall reached one inch and fifty-eight hundredths.
Luling, Texas.—It has been showery on one day of the
week, the rainfall reaching five hundredths of an inch. The
thermometer has ranged from 46 to 79, averaging 62. March
rainfall, seventy-six hundredths of an inch.
Columbia, Texas.—Planting is active. There have been
good showers on three days during the week, the rainfall
reaching fifty hundredths of an inch. Average temperature
65, highest 82, lowest 48. During the month of March the
rainfall reached one inch and seventy-four hundredths.
Cuero, Texas.—Planting is being pushed. Strange as it
may seem, fruit was not killed by last week’s cold. Rain
has fallen on three days of the week, to the extent of twentytwo hundredths of an inch. The thermometer has averaged
62, the highest being 75 and the lowest 49. The rainfall dur
ing the month of March reached one inch and forty-eight
hundredths.
? \Brenham, Texas.—Planting is making rapid progress. The
damage to fruit by cold weather was not so great as supposed.
W e have had showers during the week to the extent of twenty
hundredths of an inch. The thermometer has averaged 64,
ranging from 42 to 85. March rainfall two inches and fortytwo hundredths.
Belton, Texas.—Crop preparations are advancing. Rain has
fallen on one day of the week, the precipitation reaching forty
hundredths of an inch. The thermo meter has ranged from
41 to 88, averaging 64. March rainfall one inch and twenty
hundredths.
Weatherford, Texas.—Planting is active. There has been
good rain on two days of the week, the precipitation reaching
eighty-five hundredths of an inch. Average thermometer 58,
highest 79 and lowest 38. March rainfall two inches and
eighty-eight hundredths.
. New Orleans, Louisiana.—W e have had rain during the.
week to the extent of one inch and forty-seven hundredths.
The thermometer has averaged 65.
Shreveport, Louisiana.—W e have had 'rain on two days
during the week, the rainfall reaching four hundredths of an
inch. The thermometer has averaged 61, ranging from 43 to
83.
Columbus, Mississippi.—It has rained on three days of the
week, the precipitation reaching one inch and nineteen hun
dredths. The weather is now clear and cool. The thermom
eter has range 1 from 18 to 81, averaging 63. March rainfall
six inches and ninety-six hundredths.
Leland, Mississippi.—It has rained during the week, the
rainfall reaching thirty-two hundredths of an inch. Average
thermometer 59-4, highest 79 and lowest 45.
Little Rock, Arkansas.—Light showers have fallen on two
days of the week and it is showery now. The precipitation
reached eighteen hnndredths of an inch. The thermometer
has averaged 59, ranging from 42 to 81.
Helena, Arkansas.—Farm work is progressing. There has
been one shower the past week, the rainfall reaching fortyseven hundredths of an inch. The thermometer has ranged
from 40 to 78, averaging 50. During the month of March the
precipitation reached four inches and forty-eight hundredths,
on seven days.
Memphis, Tennessee.—The weather has been warm and
spring-like, and corn-planting and plowing for cotton are ac
tive. It has rained on two days of the week, the precipitation
reaching thirty-four hundredths of an inch. Average ther
mometer 61, highest 81'3 and lowest 45*8. March rainfall four
inches and five hundredths, on ten days.
Nashville, Tennessee.—W e have bad rain on five days of the
week, the rainfall reaching twenty-four hundredths of an
567
inch. The thermometer has averaged 55, the highest being 80
and the lowest 36.
Mobile, Alabama.—Planting preparations are well advanced.
There has been general rain on* two days of the week, the
precipitation reaching thirty-seven hundredths of an inch.
The thermometer has averaged 64, ranging from 49 to 77.
March rainfall eight inches and fifty-two hundredths.
Montgomery, Alabam a— There has been no rain during the
week. The State Department of Agriculture report that to
date this year the value of fertilizers sold has been $41,118,
against $56,688 for 1890-91 and $48,693 for 1889-90. The ther
mometer has ranged from 48 to 82, averaging 65. March
rainfall eleven inches and eighty-nine hundredths.
*
Selma, Alabama.—W e have had rain on one day of the
week, the rainfall reaching four inches. Average thermome
ter 64, highest 80 and lowest 47.
Auburn, Alabama.—Telegram not received.
Madison, Florida. —Telegram not received.
Columbus, Georgia.—There has been rain on three days of
the week, the precipitation being fifty-four hundredths of an
inch. The thermometer has ranged from 45 to 78, averaging
64.
Savannah, Georgia.—W e have had rain on two days during
the week to the extent of three inches and twenty-eight hun- dredths. Average thermometer 61, highest 83 and lowest 45.
Augusta, Georgia.—W e had rain on four days early in the
week, but the weather is now clear and pleasant. The rain
fall reached twenty-five hundredths of an inch. The ther
mometer has averaged 57, the highest being 79 and the lowest
43. During the month of March the rainfall reached four
inches and fifty-five hundredths.
Charleston, South Carolina.—It has rained on three days of
the week, the rainfall being two inches and one hundredth.
The thermometer has averaged 59, ranging from 48 to 76.
Stateburg, South Carolina.—Rain has fallen on four days
during the week to the extent of two inches and seventy-nine
hundredths. The thermometer has ranged from 44 to 70j aver
aging 53*8.
Wilson, North Carolina.—There has been rain on two days
of the week, the rainfall reaching forty-nine hundredths of
an inch. Average* thermometer 53, highest 70 and lowest 34.
The following statement we have also received by telegraph
showing the height of the rivers at the points named at 3
o’clock March 31, 1892, and April 2, 1891.
Mch. 81, ’92. Apr. 2, ’ 91.
Feet.
Feet.
11-8
15-8
23-8
33-7
28-4
24-3
15-9
16-1
32-4
48-1
Sew Orleans___
Memphis............
Nashville..........
Shreveport........
Vicksburg..........
India Cotton Movement from all F orts.—The receipts
and shipments o f cotton at Bombay have been as follows for
the week and year, bringing the figures down to March 31.
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
Shipments since Sept. 1.
Shipments this week.
Great Conti
Great Conti
Brit’n. nent. Total. Britain nent. ' Total.
4,000
13.000
12.000
15,000
27.000
87.000
104000
58.000
31.000
100000
116000
73.000
24.000
53.000
181,000
207,000
246.000
441.000
590.000
520.000
270.000
494.000
771.000
727.000
Receipts.
This
Since
Week. Sept. 1.
65.000 750,000
74.000 1,226,000
91.000 1,282,00a
72.000 1,148.00
According to the foregoing Bombay appears to show
a decrease compared with last year in the week’s receipts o f
9,000 bales and a decrease in the shipments of 69,000 bales, and
the shipments since Sept. 1 show a decrease of 224,000 bales.
The movement at Calcutta, Madras, and other India ports for
the last reported week and since the 1st of September, for tw o
ears, has been as follows. “ Other ports” cover Ceylon,
uticorin, Kurrachee and Coconada.
i
Shipments for the week.
Great
Britain.
Conti
nent.
Total.
Shipments since Sept, 1,
Great
Britain. Continent.
Calcutta—
1891-92...
1890- 91...
Madras—
1891- 92...
........
1890- 91...
All others—
189192...
189091...
Total.
4.000
7.000
21,000
30.000
25.000
37.000
; 17,000
17.000
12.000
13.000
29.000
30.000
21.000
21,000
44.000
41.000
65.000
62.000
42.000
45.000
77.000
84.000
119.000
129.000
Total all—
189192...
1890-91...
The above totals for the week show that the movement from
the ports other than Bombay i s ----- bales------ than the same
week last year. For the whole of India, therefore, the total
shipments since September 1,1891, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM ALL IN D IA.
1891-92.
1890-91.
1889-90.
Shipments
to a lt Europe
from —
This
week.
Since
Sept. 1.
Bombay...........
All other ports.
31,000
270.000 100,000
119.000
494.000 116,000
129.000
5,000
771.000
170.000
Total.........
31,000
389,0u5|l00,000
623,000 121,000
941,000
This
week.
Since
Sept. 1.
This
week.
Since
Sept. 1.,
TH E
£68
C H R O N IC L E .
A l e x a n d r ia R e c e ip t s a n d S h ip m e n t s .— Through arrange
ments we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
«re the receipts and shipments for the past week and for the
corresponding week o f the previous two years.
Alexandria, Egypt,
March 80.
Becelpts (cantars*). . . .
This w eek ....
Since Sept. 1.
Exports (bales)—
To Liverpool........
To Continent..........
1891-92.
1890-91.
1889-90.
45,000
4,569,000
Since
This
week. Sept. 1.
40,000
3,883,000
This
Sines
week. Sept. 1.
15,000
3,093,000
Sines
This
week. Sept. 1.
4.000 291.000
6.000 172.000
2,000 257,OOo!
5,000 171,000j
6,000 241.000
2,000 130.000
Total Europe......... 10,000 463,000
* A cantar Is 98 pounds.
7,000 428,OOOi 8,000 371,000
This statement shows that the receipts for the week ending
Mch. 30 were 45,000 cantars and the shipments to all Europe
10,000 bales.
Manchester Market .—Our report received by cable to-nigh t
from Manchester states that the market continues easy for both
yarns and shirtings, in consequence of bad Indian accounts.
W e give the prices for to-day below and leave those for
previous weeks of this and last year for comparison:
1892.
32s Cop.
Twist.
1891.
8 ’ 4 Ihs.
Shirtings.
d.
d. s. d. s.
Fb. 26 6818'®7;,i 0 5 lia ® 6
Mch.4 6*8 ®7*e 5 1 ®6
“ 11 61xe ®71ie 5 0*u®6
5
« 18 òH’kj©7
4 lic it e
M 25 516ie®7
4
11 0 6
57e
tytßiQ
Apr. 1
d.
7
6
5
4*2
4
3
Oolt’n
Mid. 32« Oop.
JJplds Twist.
d.
d.
|“ 16 778
3% 7«8
f « i s 738
73s
3=8 7»8
3916 733
d.
©8*9
«8
©7%
©7%
©7,%
0 7%
Oott'n
Mid.
TJpld
8% lbs.
Shirtings.
s. d. s. d.
6 1^97 2
6 0 07 0
5 11 ©6 11
5 11 0 6 11
5 11 0 6 11
5 11 0 6 11
d.
47a
41^18
4151C
41Bla
4 7s
4 ,t _
LVol ULY.
Arrivals tills week are about 9,000 bales in excess of the previous
week’s figures, but as compared with what came to haud during the
corresponding week of last season there is a failing off of 23,000 bales.
In the up country markets arrivals show a slight falling off this week.
Some 3,000 bales of Broach came to hand during the week, as against
12,000 at the same time last year, this scanty supply, in face of the
large stocks of seed cotton already in the villages, being entirely caused
by cultivators hitherto persistently keeping back th ir seed cotton from
the ginning factories. There seems to be, however, more disposition
now to send in the seed cotton to the gins, and arrivals should soon
materially increase. Bhownuggur crop is now secure, but in some
parts of the Dhollera districts picking has onlv just commenced and
samples are generally good. A small parcel of new saw-ginned Dharwar came to hand, and the quality is satisfactory.
The Bombay Company’s cotton report of the same date
says:
Although a considerable quantity of Broach is ready for ginning it
has been held back till quite lately by the cultivators. It s now, how
ever. arriving more freely, and the quality, especially as regards staple,
is better than last year. It has not been possible as yet to ha ara an
estimate of the probable shipments from Bombay for ihe present season, which at present promise to be smaller than have been made for
some years. A feature ot the exports is the large amount of cotton
shipped to Japan, for which a considerable business has been done
lately.
The final report of the Bombay Government on the cotton
crop in the Presidency, made up to February 5, is as follows:
The area under cotton is less than last year by 11 per cent, and less
than the average area by 7 per cent. Whilst Gujarat has complained
of excessive rain, and Sind of late, and irregular inundations, the dis
tricts of the South Deccan and Karnatak report that the rain was late
and the downfall insufficient. In Gujarat, it is estimated, there will be
an increase of 43,000 bales. The out-turn is estimated as follows, in
bales of clean cotton of 400 pounds each: British districts, 388,213
bales; native districts, 327,472 bales, or a total of 715,685 bales.
As regards British districts the yield is about 161« per cent below last
year. The report »ays: *•Prices have at the same time gone down, and
export prospects are not favorable.”
T he Exports of Cotton from New Y ork this week show a
decrease compared with last week, the total reaching: 9 , 88*
bales, against 18,265 bales last week. Below we give our
usual table, showing the exports o f cotton from New Y o rk ,
and the direction, for each o f the last four weeks; also the
total exports and direction since Sept. 1,1891, and in the last
column the total for the same period o f the previous year.
Overland Movement, & c., to A pril 1.—In our editorial
BXPOBT8 OF COTTON (BAXES) FROM NEW YORK SINCE SEPT. 1, 1891.
columns to-day will be found our regular statement of
TFeefc Ending—
Same
Total
period
overland movement, receipts, exports, spinners’ takings, &c.,
exported to—
since
March March March April
previous
SepL 1.
brought down to April 1.
11.
18.
25,
1.
year.
J ute B utts, B agging, &c.—Owing to the high juries and Liverpool................. 4,786 7,739 11,740 1.474 286,769 313.165
646 2,099
scarcity of jute butts, manufacturers are not offering their Other British ports.. 2,447 1,561
56,811
41,747
bagging. Quotations are nominally 6% c. for
lbs., 7c. fo r
T o t . t o G t . B k it ’ n . 7,233 9,300 12,386 3,573 343,580 354,912
1
2 lbs. and 7^ c. for %% lbs. Jute butts are firm but quiet at
2%® 2}£c. for paper grades and 2%@3c. for bagging quality.
Havre......................... 1,291 1,270 1,617 1,039
26,361
31,183
250
Other French ports.. ........
250
402
........
Domestic Exports op Cotton Manufactures.—Through
T o t a l F r e n c h . . . . 1,291 1,270 1,617 1,289
26,611
31,585
the courtesy of Mr. S. G. Brock, Chief o f . the Bureau of
Statistics, we have received this week a statement showing the Brem en.............
438 2,055
28,579
995 1,373
25,358
exports of domestic cotton manufactures for February and for
C50
700
SOU
43,747
40,402
216 1,024 1,699
48,875
806
the eight months ended Feb. 29, 1892, with like figures for the
Other p o...............
r ts
55,781
corresponding periods of the previous year, and give them
121,201 121,541
T o t . t o N o . E u r o p e 2,701 1,589 2,162 4,404
below:
Quantities of Manufactures of Cot Month endino Feb. 29. 8 mos. ending Feb. 29.
ton (colored and uncolored)
1891.
1892.
1891-92.
exported to—
1860-91.
Un ted K ingdom .....................yards
G e r m a n y .................................. *
Other countries in E urope....
British North A m erica.......... **
M e x ic o ....................................
“
Central A merican States and
British Honduras................
“
Puerto R ic o ..............................
Santo E om irg o ........................
Other West indies..................
Argentine R epublic................
‘
“
United States o f C olom bia...
Other countries in S. A m erica
“
“
British India and East Indies
Other countries in Asia and
Oceanica.................................
“
“
Other countries........................
“
T otal yards o f above.......
"
“
Total values o f above................
Value per yard................ ‘........ ........
Values of other Manufactures o;
Cotton exported to—
United K ingdom ...............................
Germany..............................................
F rance.................................................
Other countries in Europe.............
British North A m erica.....................
M exico.................................................
Central American States & British
Honduras........................................
Santo D om ingo.................................
Other W est Indies...........................
A rgentine R epublic..........................
United States o f Colombia.............
Other countries in So. A m erica....
British possessions in Australasia
Other countries in Asia and
Other countries.................................
Total value of other manufac
tures of....................................
Aggregate value of all cotton goods
E
ast
I n d ia
Cro p
664,061
15.826
117,878
46,643
558,403
5.526.012
210.76»
1,676.260
468.763
5,859,018
6,076,476
380,972
1,234.549
2x8,336
4.890,435
414.988
22,497
91.020
50,2>3
924,241
123.660
1,012,390
426,061
2.378,999
5,355,880
685,366 5,714,754 5,650,699
13,196
285,356
203,192
14,87!
353,081
250,801
57,971
612,554
454,196
560,656 6,489,735 9,928,259
30,401
1,218,49«
933.K37
196.026 4,860.227 4,751.357
402,975 3,563,964 8.138,130
1,505,733 10,947.747 13,105,171
7.617.496 38.163.596 38.828,998
947.828 3,953,669 4,204.577
507,819
1,003,672
106,768
66.328
1.163.820
581,062
4,118,132
8.059.256
6,349,823
2,587.502
5,363,678
4,879.140
13.820.979 14,997.009 116,632.512 106,159,165
$810,414 $1,050,750 $7,209,355 $7,370.634
$*0586
$•0701
$'0618
$•0694
$7,067
8,451
1,250
681
67.726
10,989
$26,375
2,264
25
177
50,549
11,655
$114,387
48.095
4,892
10,669
504.523
106,482
$181,444
16,719
1.408
34,195
282.865
116,187
3.857
9.579
525
35
2,393
2,547
5,292
2,377
3,899
9,974
5,101
2,800
200
427
2,847
540
2,042
3.042
3,804
2,454
59,205
45,318
3.725
8.600
29,972
6,686
48,531
23.277
33,265
71,485
54,543
27,450
3,774
1,467
32,346
5.624
28 145
36.773
27.660
36,664
19.920
335
1,729
23,027
293
2,465
214.824
6,38«
7,987
194,477
7.103
11,500
$140.186 $1,343,309 $1,009.344
$158,120
$068.543 $1.190.945 $8.552.664 $8.469.078
P ro s pe c t s .- —The
Jtessrs. Gaddum, Bythell & Co.’s
jFsbruary 27:
659,255
10,421
49,859
23,192
410,561
following is from
report* dated Bombay
469
200
Spain, Italy, &o........
All other....................
120
2,078
200
100
26,008
1,424
34,681
313
T o t a l S p a i n , &c ..
120
2,278
100
669
27,432
34,994
G r a n d T o t a l . . . . 11,345 14,437 16,265
9,985
518,824
543,032
T he F ollowing are thè G ross R eoeipts of Gotton a t
New York, Boston, Pailadelphia and Baltimore fo r thè paet
week, and since September 1,1891.
NBW Y o r k .
Receipt*
from—
This
S ince
week. Sept.l.
N. Orleans, 10,213
5.984
T e x a s........
Savannah. 4,202
M obile.......
F lorida......
703
So. Carol’a.
18
tfo.C arol’a.
668
V irg in ia ...
Northn pts
1,340
Tenn., A c.,
1,030
F ore ig n ....
BO STON .
This
Nine*
week. Sept. 1.
343,813
289,984
233,716
6,197
5,008
96,690
30,232
141,312
00
80,608
13,428
43
5,607
2,177
50
45,259
349,855
105,073
3,377
This year 23,772 1,262,123
9,852
36.070 1,127,469
9.794
Last yea r..
1,975
P h il a d e l p h ’a
B a l t im o r e .
' Since
week. Sept. 1
Since
week. Sept. 1.
This
............
............
5,802
69,265
This
3,490
........
............
70,852
.........
............
••.a..
1,185
............
.......... .
8,311
5,740
64,869
353
6$,531
........
572.429
1,185
84,722
7,000
251,464
492.743
1,021
59,933
7,869
212.37»
............
3,103
••••••••
67V
113,37*
S h ip p in g N e w s . — The exports o f cotton from the United
States the past week, as per latest m a il returns, have reached
100,812 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph and published in
the C h r o n ic l e last Friday. With regard to New Y ork w e
include the manifests o f all vessels cleared up to Thursday.
Total haler.
1,474
1,227
N e w T o b k —T o Liverpool, per steamer Horrox, 1,474...............
To Hull, per steamers Hindoo, 477....Sikh. 7 5 0 ............... .
To London, per steamers Ebro, 176....Montana, 2 4 6 ....
Spain, 450.................................................................................
To Hevre, per steamer La Bretagne, 1,039..............................
To Marseilles, per steamer Chandernagor, 250..................... .
To Bremen, par steamers Aller, 2 9 6 ....Darmstadt, 1,267
....T rave, 4 9 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
To Hamburg, per steamers Russia, 40O....8uevia, 2 5 0 ......
To Rotterdam, per steamer Veendam, 100..............................
To Antwerp, per steamers Gerona, l,234 ,...Pennland, 365.
To oenoa, per steamer Po, 469...... .................................... .
To Yokohama, per steamer Port Philip, 200.......................
872
1,039
250
2,055
650
100
1,599
469
2QQ
A
p r il
TH E
2, 1892.1
C H R O N IC L E
Total bales'
Ne w O r l e a n s — T o Liverpool, p e r steamers Engineer, 5 ,1 5 0 ....
Floridian, 6,179....Francisca, 5,900....O rion, 6 ,0 50 ...,
Pallas, 4,600............................................................................. 27,879
To Havre, per steamers Bendo, 9,750....Bentala, 7 ,6 6 5 ....
per bark Navigatore, 1,870...................................... .
19,285
550
To Bouen, per steamer Banmoor, 550............................ .
To Bremen, per steamer Southgarth, 3,640 ............................ 3,640
To Hamburg, p«r steamer Cheruskia, 3,300............................ 3,300
2,413
To Antwerp, per steamer Incharran, 2,413........
To Barcelona, per steamer Pio IX .. 3,550 .............................. 3,550
To Genoa, per steamers Bonnington, 4,953....P io IX ., 2,050 7,003
G a l v e s t o n —To Bremen, per steamer Moorgate, 5,882...............
5,882
To Hamburg, per steamer Tangier, 372 ............. ...................
372
B runswick —To Liverpool,persteamer Lancaster, 4 ,8 7 3 ....... 4,873
N o r f o l k —To Liverpool, per steamer Madrid, 2,673....................
2,673
N e w p o r t N e w s —T o Liverpool, per steamer B on a , 1.199 . . . . . .
1,199
B oston—To Liverpool, per steamers Columbian, 908__ Lake
Nepigon, 578. ...Palestine, 38 ....Homan, 453. ...Venetian,
2.733........................................................................................... 4,710
To Yarmouth, per steamer Yarmouth, 1 2 5 ...........................
125
B a l t im o r e —To London, per steamer Memphis, 1 ,7 0 0 . . . . . . . . ..
1,700
To Antwerp, per steamer Otranto, 1 ,5 0 0 ................. .......... 1,500
P h il a d e l p h i a —To Liverpool, per steamer British Prinoess, 223
223
Total ..................................................................................... ....100,812
The particulars o f these shipments, arranged in our usual
fo rm , are as follow s:
New York.
N. Orleans.
Galveston.
Brunswick.
Norfolk__
N’ p’t News
Boston . . . .
Baltimore.
Fhiladelp’a
RotterTokoHull Havre Bremen dam <&Baree- Kama <t
Liver- «6 Lon and <£ Ham- Ant- Iona <£ Tarpool. don. Rouen. burg. werp. Qenoa. mouth. Total.
469
1.474 2,099 1,289 2,705 1,699
200
9,935
19,835 6.940 2,413 10,553
67,620
27,879
6,254 . . . . . . . . . . . . __. . .
6,254
...... ...... ......
4,873
4,873
...... ...... ......
2,673
2,673 __
.
.
.
.
.
.
.
.
.
.
.
.
___
.
.
.
.
.
.
1,199
1,199
_
......
125
4,835
4,710
___
....
1,500
1,700
3,200
223
223 ......... . . . . . . ........ ........ ......... . . . . . .
T o ta l. . . . 43,031 3,799 21,12415,899 5,612 11,022
325 100,812
F elow w e add the olearanoes this w eek o f vessels carryin g
cotton from United States ports, bringing ou r data d ow n to
th e latest dates:
G a l v e s t o n — To
Liverpool—March 2 9 -Steamers Bita, 5,174; Windsor,
7,437.
To Havre—March 25—Steamer Empress, 5,472.
To Bremen—March 3 0 —Steamer Oakdene, 3,739.
BTaw O r l e a n s —To Liverpool-Maroh 29—Steamer Astronomer, 5,350
.......March 30—Steamer Governor, 5 ,7 6 0 .....April 1—Steamer
Louisiana, 7,800.
To Havre—March 28—Steamer Montevidean, 7 ,2 8 7 ....March 3 0 Steamer Ealing, 5,025___March 31—Steamer Bencroy, 5,948.
To Bremen—March 28—Steamer Ithamo, 1 ,5 8 7 ....April 1—Steamer
Creole, 3,489.
To Hamburg—Maroh 2 8 —Steamer Avonmore, 1,850.
To Barcelona, & o.- Maroh 31—Steamer Sicilia, 6,370.
C h a r l e s t o n —To St. Petersburg—March 26 -B ark Vivax, 3,291.
8AVANNAH—To St. Petersburg-March 31—Bark Cinsto, 1,700.
N o r f o l k —To Liverpool-M arch 28—Steamer Bona, 1,233.
B oston—To Liverpool—March 22 —Steamer Philadelphian, 2 ,3 52 ....
March 25—Steamer Catalonia, 2,597
March 26—Steamer Lake
Superior, 3,428.......Maroh 28—Steamer Norseman, 852.
To Pubnico, N. 8.—March 31—Schooner Pleasantville, 2.
B a l t im o r e —To Bremen—Maroh 24—Steamer Karlsruhe, 3 ,7 8 2 .....
March 30—Steamer Stuttgart, 4,444.
To Hamburg—March 26—Steamer Virginia, 865.
P h i l a d e l p h i a —To Liverpool—Maroh 29—Steamer Lord Gough, 195.
569
The tone o f the Liverpool market for spots and futures each
day of the week ending April 1, and the daily closing prices
of spot cotton, have been as follows:
Saturday Monday. Tuesday. Wednes. Thursday. Friday.
Spot.
Market, {
1 :4 5 F. m .$
Fair
bus inest
doing.
M id.U pl'dS-
3l l ie
Sales. . . . . . .
Speo. &exp.
8 ,0 0 0
1 ,0 0 0
Moderate Barely Quiet but Moderate
demand. supported steady.
demand.
3%
8 ,0 0 0
1 ,5 0 0
Futures.
at Easy at
Market, \ Steady
1-64 d e.
2-64 de
1 :4 5 P. M .)
Market, )
4 P. M. }
3%
3%
Dnll b ut
steady.
3»ia
3*u
7 ,0 0 0
1 ,0 0 0
8 ,0 0 0
1 ,5 0 0
7 ,0 0 0
1 ,5 0 0
7 .0 0 0
1 .0 0 0
oline.
cline.
Steady at
1-64 @2-84
advance.
Steady.
Easy at
2-64 de
cline.
Quiet at
1-64 d e .
cline.
Steady.
Barely
steady.
Steady.
Easy.
Steady.
Steady.
The opening, highest, low est and closing prices o f futures a t
Liverpool fo r each day are given below . Prices are on th e
basis o f Uplands, L ow M iddling clause, unless otherwise stated :
£sp* The prices are given in pence and 64?A.
3 63-64d., and 4 01 means 4 1-64(2.
Sat., M ch. 2 6 .
Mch.-April.
April-May..
May-June..
June-July...
July-Aug...
August......
September..
Sept.-Oct...
Oct.-Nov....
Nov.-Dee...
Thus : 3 63 means
Mon., M ch. ¿ 8 .
T aos.. M ch. 2 9 .
Open High LOW. Olos. Open High Low. Olos. Open High Low. Olos
d.
d.
<1.
d.
d.
d.
d.
d.
d.
d.
d. d.
3 40 3 40 8 40 3 40 3 36 3 86 3 35 3 35 3 34 3 35 334 3 35
3 40 3 40 8 40 3 40 3 36 3 36 3 35 3 35 334 3 35 3 34 3 35
3 40 3 41 3 40 3 41 8 36 3 36 3 35 3 36 3 34 835 3 34 3 35
8 43 3 44 3 43 3 44 3 39 3 39 3 38 3 39 3 37 8 38 3 37 338
3 46 3 40 3 46 3 46 3 42 3 42 3 41 3 42 3 40 3 41 3 40 3 41
3 49 8 49 3 49 3 49 3 45 3 45 3 44 3 44 3 43 3 44 3 43 3 44
3 62 3 52 8 52 3 52 3 48 3 48 3 47 3 47 3 45 3 47 345 3 47
3 65 3 55 3 55 3 55 3 50 3 50 3 50 3 50 3 48 3 49 348 8 49
3 65 3 55 3 56 3 55 3 50 3 50 3 60 3 50 3 48 3 49 3 48 3 49
8 57 3 68 3 67 3 58 3 62 3 53 3 52 3 53 3 51 3 52 3 51 3 52
3 60 3 60 3 60 3 60 3 55 3 55 3 65 3 55 3 58 3 65 3 53 3 65
W ed., M ch. 3 0 .
T h urs., Mch. 31.
F r i., A pr. i .
Open High LOW. Olos. Open High Low. Olos. Open High Low. Olos.
Mch.-April.
April-May..
May-June..
June-July...
July-Aug...
August.....
September..
Sept.-Oct...
Oct.-Nov....
Nov.-Dee...
d.
3 32
3 33
3 33
3 36
3 3»
342
3 45
3 48
3 48
3 50
3 53
d.
d.
d.
dÍ
8 32
3 32
8 35
3 37
3 40
3 43
3 46
3 48
3 48
35L
3 34
3 34
3 36
3 39
312
3 45
3 47
3 47
3 50
3 52
3 32
3 32
3 35
3 37
3 40
3 43
3 46
3 46
3 48
3 61
3 34
3 31
3 36
3 39
3 42
3 45
S 47
8 47
3 50
3 52
B R E A D S T U F F
S.
d.
3 36
3 36
3 86
8 39
3 42
3 45
3 4Ö
3 50
3 50
3 53
3 56
d.
3 37
3 37
3 37
3 40
3 42
3 45
8 48
3 51
3 51
3 54
3 56
d.
3 35
3 35
3 35
3 38
3 40
3 43
3 46
3 49
3 49
3 51
3 54
d.
335
3 35
3 25
3 38
3 41
3 43
3 46
3 49
3 49
3 52
3 54
d.
3 32
3 32
3 32
3 35
3 37
3 40
3 43
8 46
3 46
3 49
3 51
d.
3 32
3 33
3 33
3 36
3 39
3 42
3 45
848
3 48
3 50
3 63
d.
3 32
3 32
3 32
3 35
3 37
3 40
3 43
3 46
3 46
3 49
3 51
B elow w e give a ll new s received to date o f disasters to
vessels carryin g cotton from U nited States ports, & c.
E i d e r , steamer (Ger.), from New York for Bremen, which went ashore
on Atherfleld Ledge, Isle of Wight, January 31, was hauled off
March 29, and towed to Southampton.
B unic, steamer (Br ), at Liverpool, from New York. A Are broke out
on steamer Bunic March 25, but was soon extinguished with
slight damage.
L e h m k u h l , ship (Nor.), Thomsen, from Savannah f o r Nordkoping,
arrived at Gravesend March 25 with stem and bows damaged and
leaking at the rate of six inches an hour. She had been in collision
with the Bougemont, which vessel had bulwarks, rails, bridges,
in! Tff rigging and two boats damaged.
Cotton freights the past w eek have been as follow s:
Satur.
Mon.
Tues.
Wednes. Thurs.
Fri.
Liverpool, steam d.
%
901
%
%
%®96i %®964
....
....
Do
bifl...(L
....
....
....
....
Havre, steam ...d. %®B32 %®s32 %®b;-;2 %®B32 %®B32
%
....
Do
............d.
1 ....
....
....
....
....
Bremen, steam. ,d.
S16
®16
®18
S18
®16
S16
....
Do indirect..«?.
....
Hamburg,steam.d.
s16
®I6
®16
®16
S16
®16
....
Do
. . . . ..d.
••••
....
« ...
Amst’d’m, steam.«?.
40*
40*
40*
40*
40*
40*
....
....
___
In direct..........d.
....
Reval, steam___d. 732®932 732® % 732® % 732® % 732® *4 7S2® %
Do
.......... ...d .
....
....
....
....
Barcelona,steam «?.
%
%
%
%
.%
%
Genoa, steam...«?.
782
732
732
732
732
782
Trieste, steam ... d. 1564-1764 1564-1764 1564-1764 1B64_l764 1564_ l - 64 1B0 4 -1704
Antwerp, steam.d. % ® 964
964
964
964
964
904
* Cents, per 100 lbs.
L iverpool .—By cable from Liverpool we have the follow ing
atatement of the week’s sales, stocks. &c., at that port:
Mch. 11. Mch. 18. Mch. 25.
April 1.
Bales of the week............bales.
49.000
49.000
66,000
50.000
O f which exporters to o k ....
3.000
3,400
2,600
1,900
Of which speculators took..
14.000
13,800
23,100
15,700
Bales American.........................
44.000
46.000
60,000
46.000
Actual export............................
7.000
5,000
9,000
5,000
Forwarded................ ...............
68.000
62.000
68,000
59.000
Total stock—Estimated.......... 1.719.000 1.735.000 1.741.000 1.734.000
Of which American—Estim’d 1.469.000 1.487.000 1.478.000 1.466.000
Total import of the week........
84.000
83.000
89.000
57.000
Of which American...............
69.000
76.000
61.000
42.000
Amount afloat..........................
157.000 137.000 115.000 130.000
& O f which American............... 145.000 120.000 105.000 115.000
F r i d a y , April 1,1892,
The market fo r flour and meal show ed early in the w eek
a good degree o f activity and some steadiness in values, on
the basis o f the recent reductions in figures, but in the course
o f W ednesday becam e very dull, and becam e quite depressed
in tone, w ith values m ore or less reduced, as w ell as irregular
and unsettled, ow in g to low er prices made fo r wheat, w ith
the coarser grains losing part o f the late advance. To-day
the market was steadier at the close, w ith a fair and general
demand, prom pted by the better grain markets.
The wheat m arket made a show o f strength on Tuesday,
ow in g to the closing o f a leading * bear” account at the W est,
and a material decrease in the quantity on passage fo r
Europe, w ith rum ors o f less favorable crop prospects. But
on W ednesday there was renew ed pressure to sail, and on
Thursday values quite broke dow n, under the cessation o f
export orders and favorable weather fo r the next crop, both
in Europe and at the W est. There is a scarcity o f wheat on
the spot, and No. 2 red w inter for prom pt delivery has
brought 8 @ 8 ^ c . per bu. over the price for May delivery.
Shippers were early in the week large buyers at the W est,
and a part o f their purchases w ill com e forw ard by rail in
April. A fter the severe weather o f March it cannot be ex
pected that the Erie Canal w ill be open for navigation m uch
before the 1st o f May. To-day a low er opening was follow ed
by an active and buoyant m arket fo r futures, w ith a fair spot
business at fu ll prices.
D AILY CLOSING PRICES OF NO. 2 RED W INTER W HEAT.
*
Sat.
Mon.
April delivery... . . . . . . . o. 954* 9438
May d e liv e ry ..... . . . . . . 0. 92%
91%
90%
89%
June delivery___. . . . . . . 0.
July d e liv e r y ...........o .
91
89%
August delivery............o.
90%
89%
September delivery___o.
90
88%
Deoember delivery.....o. 93
....
Tues.
95
92
90%
90%
89%
89
91%
Wed.
Thura. Fri.
94
923s
94
9J% 90%
91%
89% 88%
89%.
89% 88%
89%
88% 88
89%
88% 87%
88%
90% 89%
90%
Indian corn show ed a good degree o f strength fo r contracts
till Thursday, w hen there was a sharp decline, partly fron t
sym pathy w ith wheat and ow in g partly to the fu ll m ovem en t
o f the crop. Corn on the spot was scarce and dearer, but th e
higher prices materially curtailed business. To-day thft
market for futures recovered yesterday’s decline and there
was an active export business in spot corn at full prices.
D A ILY CLOSING PRICES OP NO. 2 MIXED CORN.
Sal.
Aprildelivery.................. «• 48
May d e liv e r y ............... o. 46%
June delivery................ o. 45%
July delivery.. . . . . . . 0.
45%
Mon.
48
47
453s
4578
Tues.
48M
47%
45%
46%
Wed.
483s
47
45%
46
Thurs.
47»*
Fri48Ja
44%
45
44 8
453s
Oats, which had advanced on the report that a large quan
tity had been taken for export, have latterly been quite de
pressed, and to-day did not share in the improvement for
wheat and corn; yet mixed grades were partially dearer.
D AILY CLOSING PRICES OP NO. 2 M IXED OATS.
Sal.
April delivery..................c. 34%
May delivery...... . ...o .
34%
June delivery...................c. 34
July delivery................... c. 33%
Mon.
34%
34%
34%
34
Tues.
35%
34%
34%
34%
Bye has been dull but closes steady,
nominal.
The following are closing quotations :
Wed.
34%
34%
f4
33%
Thurs.
34 %
34%
33%
33%
Fri.
34%
34%
34%
33%
Barley is entirely
FLOUR.
F in e.................V bin. $2 50®$3 oo Patent, w in te r ....... $4 50®$4 75
Superfine............. .... 2 90® 3 15 City mills extra s..... 4 70® 4 80
Extra, No. 2 . . . . . . . . 3 1 5 ® 3 4 0 Rye flour, superfine.. 4 00® 4 30
Fine.. . . . . . . . . . . . . . . 3 50® 3 /5
Extra, No. 1 .............. S 35® 4 00
Clears____ . . . . . . . . . . 4 10® 4 55 Com meal—
Western, <&c.. . . . . . . 2 80 ® 2 90
Straights................... 4 40® 4 65
Brandywine........... 3 00 ® ---P aten t,sp rin g........ 4 6 0 a 4 7o
[Wheat flour in sacks sells at prices below those for barrels.]
Com, per bush.—
o.
o.
West’n m ixed.......
85 ®1 03
Steamer No 2........
99 ®1 00%
West’n yellow ..
85 ® 1 02
Western white . . . .
90 ®1 00
®
36
Rye
“
34
Western, per bush.
37 ®
a 41
8tate
and Jersey..
35%
34%®
Barley—No.2W est’n.
37 ® 38
State, 2 row ed .
State, 6 rowed.......
46
48
47
50
88
88
67
53
65
p r F o r ta b le s u s u a lly g iv e n h e r e see p a g e 5 4 9 .
T H E DRY GOODS TR A D E .
New Y ork,
Friday P. M., April 1,1892.
208
166
133
981
54
26
299
77
273
734
95
1,281
529
34,762
3,960
3,057
268
3,609
737
2,160
8,486
465
2,101
....
62.807
3,600
4,617
....
59,314
12,855
4,617
72,169
The value of the New York exports since January 1 have
been $3,205,577 in 1892 against $3,192,700 in 1891.
For brown sheetings the demand has been chiefly for
weights lighter than 4-yard make for converting or cutting
purposes, 4-yard and heavier lines moving slowly on current
m .uest. Prices are* steady for the former but irregular for
tl.e latter, with quiet dealings in a number of quarters. The
e; ^ort dtmand was spasmodic for both sheetings and drills.
Im p o rta tio n s o f D ry G o o d s.
<*eoMCo«
05«
#.OiHbOCO
Ö0Ö
00 O CD O CD
« « 0 5 0001
O'CO
00 CO
0
0<1
05 CO
03 O' CDCDCD
C O M * C i'*
-|CO*OiOO
05 00
o*co
CD00
to
to*.
*«
05.00
<1-1
O'CD
*H-^COCO
*<i*coto
*05*—
105
MM 0*01
ai
O'CO
D' 01
O'C«D««-J
2,503,324
1,879,046
2,400,124
968,085
434,190
119
114
2,755
125
66,407
2,101
Total.
* From New England mill points direct.
None.
The importations o f dry goods at this port for the week
ending March 31,1892, and since Jan. 1, and the same facta
for the corresponding periods o f last vear are as follows:
2
g
g
3
2
H 2
P
fS g M g
g32E9^§
2 SP £§■= 3
» 9ef IfirflS
O
to :
H go
©•
o:
g
m:
0:
__
T o ta l................. .......
Ohina, via Vancouver....
Week. Since Jan. 1
,
21,000
F o r e ig n D r y G oods .— Current demand continues quiet
for both staples and specialties for im m ediate consum ption,
and in seasonable fancies in dres3 fabrics, silks, velvets and
plushes there is a general disposition to encourage buyers,
w ith some reductions in prices; these are not openly quoted,
and are made w hen they w ill do most good. For autum n
trade im portation orders are n ow being taken, and in somelines o f worsted dress goods prices are being quoted even
under those ruling last autumn-season, or about the low est
on record. Linens are in better m ovem ent this week, and a
steady business has been done in ribbons, gloves and h igh er
priced hosiery.
112,800
111,252
121,990
45.287
39,432
1891.
1,332
491
31,491
2,282
2,673
3,902
4,593
1,244
1,804
12,187
808
301
12
21
75
150
1890.
March 29.
325,000
< JM M M
M 00 « * CO
H O lC C H *
t*
■§ ^
«coo«oo
1
Great B r it a in ...............
Other European..............
Ohina.. . . . . . . . . . . . . . . . . . . . . .
India....................................
Arabia....................
Africa............... .............. —
West I n d i e s ....................
M exico....... .......... ...............
Central A m e r ic a ............
South America................ .
Other c o u n tr ie s.............
Week. Since Jan. 1.
1891.
March 28.
397.000
192.000
None.
3 4 6 ,0 0 0
589,600
Total stock ( p ie c e s ) .............. None.
D om estic W o o l e n s .—Agents report another week of quiet
8,184,769! I
28,325
261,126 30,753,144
Y o r k to M a r c h 29.
1892.
Stock o f Print Cloths—
March 26.
Held by Providence manufacturers. None.
Fall River manufacturers---- . . . . . . . None.
Outside speculators (e s t ).............
None.
430,761
1,886,654
Weather conditions during the greater part of the week
have shown a material improvement, but the general move
ment of merchandise in country districts is still retarded by
bad reads. This is reflected in a continued quiet demand
for dry goods, both at first hands and with jobbers. Buyers
have been in but moderate atteudance and their operations,
with few exceptions, have again been of a conservative char
acter. Agents report jobbers operating sparingly in brown
and bleached cottons, the movement in the former being
largely dependent upon the requirements of converters aqd
cutters, who have paid most attention to light-weight makes,
while the latter were in evidence mainly through deliveries
on previous contracts. The tone o f the market is without
material change. Popular goods continue steady with few
signs of accumulating, while other brands are in favor of
buyers and slow. The former, as remarked in previous re
ports, are pi actically independent of the influence of the mar
ket for raw cotton, while the latter are so situated as to give
this considerable weight. Jobbers have been disappointed by
the poor show the trade of this and adjacent States has made
during the week and in various directions the cutting proc
ess, which heralds the close of the season, is being indulged
in; while two important drives referred to below in prints
and ginghams are evidence of agents unloading at reduced
prices also. Reports of the retail trade here and in the large
Western cities are better this week than for some time past,
so that the month just entered upon may bring forward a
considerable amount of duplicating business. Collections are
still reported in good shape in most directions.
D o m estic C otton G o o d s .—The exports o f cotton goods
from this port for the week ending March 29 were 2,101
packages, valued at $153,287, their destination being to the
points specified in the table below:
1892.
Bleached shirtings are still sold ahead on prominent tickets,,
but there is visible evidence of unsold stocks in other makes.
W ide sheetings, flat-fold cambrics, silesias, and most colored
cottons, are steadv, with good deliveries on account of back
orders. Colored 'table damasks are in short supply, and asteady business is passing in quilts, cotton flannels, etc.
Prints are slow at first hands, and the duplicating demand
for ginghams has proved somewhat disappointing. In the
jobbing trade the chief features have been a drive in War
wick dress ginghams at 6 ^ c. per yard, regular price 8c., and
in a line of 6c. prints at 4}£c. per yard, both of these being
balances o f agents’ stock s'in the particular makes. Print
cloths are firm at 3 l-16c. per yard for 64x64s, both Fall River
and Providence being still bare of stocks, 56x60s being quoted
at 2%c. per yard.
business in men’s-wear woolens and worsteds. With the finer
wt ather of the past few days there has been some duplicating
calls for small parcels of specialties in spring weights and a
further demand of light proportions for heavier makes. In
worsteds the higher priced lines have done best, medium and
low-priced stuffs being passed over for woolen makes from
$1 75 per yard down. While the situation is of a mixed char
acter it is generally understood that mills are better supplied
50
with orders in the aggregate than at the corresponding date
48%
last year. The moderate number of cancellations is still &
51
54
favorable feature. Overcoatings and cloakings were in fair
demand, but satinets, cotton-warps and mix- d fabrics con
90
tinue inactive. In dress goods agents are taking orders fo r
90
the fall trade and making a promising beginning, although
68
55
up to the present time prices are somewhat indefinite. F ew
67
agents anticipate a higher raage of values; most of them look
for steady prices, but there are others evidently prepared to
make concessions should business in their specialties drag"
even a little.
G R A IN .
Wheat—
Bpring, per bush...
Red winter No. 2 ..
Red winter............
White.....................
Oats—M ixed..$ bu.
White.....................
No. 2 m ix e d .......
No. 2 white............
New
V ol. LTV.
T H P, C H R O N IC L E .
57 0
OOOiCOMCD
r- <J * C005
<1M
MO
t o o t o t o to
* 0 * 0*
«*
MCOCDGOCO
*050100°
CD«M05<1
0 0 * * 0 5 <1
CDCO* 05 O
05 O'
<
100
-J M
O '«
05* « 0 0 « 0 l 0 5
00<l
^ O © **
•*4CO O CM00 05 CO
00*
-J M
0-1
005
M05MC0*
►-»O'»*««
cocoo«o
CO05
O'CD
CDO'
CC<1*MQ0
to 1 X CO
to I vl J«
o««*<i
0 - 1 COCOM
<1 « « « M
€000^05
COrfs.OiVcO
0501—J O M
<1000 c o o
* * 0 0105
CO0 0 1 0 5 «
0 5 «««M &
CO<105 «CO
OOOlloOCO
COCDGO« M
CO01« « «
«M M MM
MCOMCO*
O' * CO«J 05
00 I 00 CD
*M «C 0C D
« 0 5 's! 0 5 «
« C 0 < !O «
*««M
—« M
*r- O05M-J#*
CDQ. Q 05 CD
<1C0 <1000 0000
005
M ««*
PJ-*
« « 0 5 COCO
OQOOl « «
O ip 5*< lC 03 9
W<1COMO
* O M *<l
« « m* «
a 05 *4C CO
*«05 COto
CO0 0 0 0 5 -J
M O —1OC0
COCO-J COCO
0 «0 5 0 < 1
Pr^PPP*0
M O O 05M
^J-1*00 00
< 1 0 0 0 COQO
to<1fcOp <1
0<1
QDOl
00 05 I
-1 CO j
O O»
00 05 I
I
O^
Ol-IMOM
«COOOCOO!
en CD- 1 - 1 0
<1 CO05 CD05
©if^toœo
©<KOHW
MMM«
««Üi<J<!
% O»©
ih. jg
GOiP-lAO©
-J. O 0 *0 «
0505000*
0 0 4 0 01-1
*005001
O lM O O O
Üi
„
lOOMO-J«
1 g
* 8“ feu1
r i
**
0
01§ :
<045
A p r i l 3, 18S2.J
TH E
C H E O N IC LE .
TERMS OF SUBSCRIPTION.
LOANS—
When Due.
S e w e r a g e B o n d s — (Cont.)—
S^s, J & J,100,000___July 1,1905
S^s, J& J, 50,000___ Jan. 1,1906
3*28, A&O,359,000___ Oct. 1,1906
3:>2S, J & J,500,000___July 1,1919
3s, J& J, 309,000___July 1,1905
S t o n y B r o o k , &c., I m p . B o n d s —
4s, A&O, $ 5 00,000....Oct. 1,1917
C o m m e rc ia l a n d F in a n c ia l C H R O N I C L E con
St r e e t , E t c ., B o n d s —
tains 4 0 to 6 4 pages published every week.
6s, A&O, $549,000___ Apr. 1, 1892
6s, J&J,
367,000....J u ly 1,1892
S tate a n d City S u p p lem en t of C H R O N I C L E con 6s, A&O, 4 0 0 ,0 0 0 ....Oct. 1,1892
6s, J &J, 848,500___Jan. 1,1893
tains 1 8 4 pages published several times each year.
6s, A&O, 405,000__Apr. 1,1893
In v e sto rs’ S u p p lem en t of C H R O N IC L E (a Cyclo
pedia of Railroad Securities) contains 1 6 0 pages published
every other month.
Subscription to CHRONICLE for one year $ 1 0 .0 0 ,
which includes every issue of both S u p p l e m e n t s .
T h e p u rp o se o f this State a n d City D e p a r tm e n t
is to furnish our subscribers with a weekly addition to and
continuation of the S t a t e a n d C i t y S u p p l e m e n t . In other
words, with the new facts we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
shall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
S t a t e a n d C i t y S u p p l e m e n t to as near the current date as
possible. Hence if every Subscriber will note in his S u p p l e
m e n t on the page designated at the head o f each item
reference to the page where the item in the C h r o n ic l e can
be found, he will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts.
TH E
OUTSTANDING BONDS OF BOSTON
AN D LYN N .
W e give this week financial reports for the cities of
Boston and Lynn, Mass. Both statements contain the
latest official figures of debt, assets and tax valuation
and in each case tables are given showing the details of
each bonded loan outstanding at the present date.
The net debt of Boston has been increased $4,082,
778 since the year 1881, and during the same period
the increase in assessed valuation of real and personal
property has been $260,976,675.
6s, J&J,
7,000__July, 1893
6s, A& 0,^ 2 ,0 00 .... Oct., 1893
6s, J&J, 1,527,000....Jan. 1, 1894
6s, A&O,
8 1 ,0 0 0 ....Apr. 1, 1894
6s, J&J,
408,000_July 1,1894
6s, J&J,
186,000_Jan. 1,1895
5 g,J&J, £ 5 0 4 ,6 0 0 ....July 1,1899
4s,A&O, $259,000...Apr. 1,1892
4s, J&J,
115,000...July 1,1892
4s, J&J,
25,000...July 1,1896
4s, A&O, 435,000___Oct. 1,1911
S^s, J&J, 624,000___July 1,1896
3s, J&J,
146,000_Jan. 1,1896
3s, A&O,
213.000_Apr. 1,1896
3s, J&J,
175,000_July 1,1896
3s, A&O,55,000 .. . Oct. 1, 1896
W ater D ebt—
Cochituate W a terOs, J & J , $500,000___ Dec.12,1897
6s, J& J ,
450,000_J’nel6,1898
6s, A&O, 5 4 0 ,0 0 0 ....Oot. 3,1898
6s, A&O, 250,000.... Apr.27,1899
6s, J& J , 625,000___Jan. 1,1901
6s, A&O, 688,000___Apr. 1,1901
6s, J& J, 330,000___July 1, 1901
6s, J & J , 100,000___July 1, 1902
6s, A&O, 905,000___Apr. 1, 1903
6s, J& J ,
8,000___Jan. 1,1904
6s, A&O, 38,000___Apr. 1,1904
6s, J& J, 161,0 0 0 ....Jan. 1,1905
6s, A&O, 142,700___Apr. 1,1905
6s, J& J,
44,000___July 1,1905
6s, A&O,
6 ,0 0 0 ....Oct. 1,1905
6s, J & J ,
82,550___Jan. 1,1906
6s, A&O,
8 ,7 5 0 ....Apr., 1906
6s, A&O,
4 ,0 0 0 ....Oct.,
1906
6s, J& J,
8,000___Jan., 1907
6s, A&O,
5,000....A pr., 1907
6s, J& J,
1,000___July, 1907
5g, A&O, £399,500___Oct. 1,1902
5g, A&O, $552,000....Apr. 1,1906
5g, A&O,1,000,000
Oct. 1,1905
5g, A&O,2,000,000... .Oct. 1, 1906
5s, A&O,
1,000___Oct. 1,1907
5s, A&O,
12,000___Apr., 1908
4*2g, A&O, 268,000.... Oct. 1,1909
4s, A&O, 588,000___Apr. 1,1908
571
|
LOANS—
When Due.
W a t e r D e b t — (Cont.)—
Cochituate Water— ------4s, J& J,
82,000. ...J u ly 1,1909
4s, A&O, 280,000....A pr. 1,1910
4s, A&O, 324,000.... Apr. 1,1912
4s, J &J, i n ,0 0 0 .... July 1 1913
4s, A&O, 3 3 6 ,0 0 0 ....Oct. 1 1913
4s, J&J, 466,000.... Jan. 1 1914
i 8’
18,500....Apr. 1,1914
4s, A&O’
1 6 ,0 0 0 ....Oot. 1, 1914
f a>J & J» 50,000---- Jan. 1,1915
4s, A&O, 145,700___Apr. l ! 1915
4s, A&O,
23,000---- Oct. 1, 1915
4s, J& J ,
58,000___Jan. 1,1916
4s, A&O, 128,500---- Apr. 1,1916
4s, A&O, 286,300___Oct. 1,1916
4s, J & J ,
21,000___Jan., 1917
4s, A&O. 161,000....Apr., 1917
4s, J &J,
7,000... .July 1,1917
4s, A&O, 160,7 0 0 ....Oct. 1, 1917
4s, J & J , 20,000... .Jan., 1918
4s, A&O,
6,300___Apr., 1918
4s, A&O, 100,000__ Oct. 1, 1918
4s, A&O, 200,000___Apr. 1, 1919
4s, A&O, 300,000___Oct. 1,1919
4s, A&O, 3 8 4 ,0 0 0 ....Oct. 1,1920
4s, A&O, 100,000___Apr. 1, 1921
4s, A&O,
3 ,5 0 0 ....Oct. 1,1921
4s, J& J, 100,000___Jan. 1,1922
3*28, A&O, 50,000___Apr. 1,1915
3*28, A&O; 5 0 ,0 0 0 ....Oct. 1,1915
3*28, J & J,100,000
Jan. 1,1916
3^28, J& J, 7 5 ,0 0 0 ....July, 1916
3*28, A&O, 25,000__Oct.,
1916
S^s, A&O,275,000__ Apr. 1,1917
3*28, J & J ,100,000....July 1, 1918
3^28, M&N,130,000... .Nov.30,1919
3*28, A&O,145,000___Oct. 1, 1919
3^8, J & J ,220,000___Jan. 1.1920
3s, A&O, 200,000___Apr. 1 1917
M y s t ic W a t e r B on ds —
6s, J& J, $ 4 2 ,0 0 0 ....July 1, 1892
6s, J& J ,
39,000___July 1,1893
5s, A&O,
6,000__ Oct. 1,1893
5s, A&O, 102,000___Apr. 1,1894
4s, A&O,
3,000___Apr., 1898
4s, A&O,
15,000___Oct. 1,1913
3 *28, A&O, 6 0 ,0 0 0 ....Oct. 1,1896
3 *28, A&O, 50,000__ Oct.,
1897
3*2S, A&O,130,000....Apr. 1,1916
S^s, A&O, 35,000... .Apr. 1,1896
Su f f o l k Co u n t y D e b t .
Court House B o n d s 48, A&O, $ 700,000....Oct. 1 , 19l8
3^8, A&O,800,000 ....Oot. 1,1919
3*28, A&O,800,000
Apr. 1,1937
3^8. J & J,100,000.. ..July 1,1938
3s, A&O, 748,000__ Oct. 1,1892
($17,000 due yearly) to Oct. 1,1935
M is c e l l a n e o u s B o n d s —
4 s,J & J , $ 5 9 ,0 0 0 ....Jan., 1899
INTER EST—W HERE PAY A B L E—Interest on the sterling loans is
aid by Baring Brothers & Co., l’t’d, in London, on other issues by City
Treasurer in Boston.
T O T A L DEBT, NET DEBT, Et c .—The subjoined statement shows
Boston's total debt, and the items of which it is made up, and the sink
ing fund held by the city against the same, on the first; of May 1890 and
1891 and on February 11892.
Feb. 1 1892.
May 11891.
May 11890.
City debt proper.................. $35,829,223
$35,298,206
$33,506,821
Cochituate
water
debt........
16,423,774
16,267,774
15,696,274
B O S T O N , M A S S . Mr. Nathan Mathews, Jr., is still Mayor of Mystic water debt...............
482,000
690.000
839.000
this city. The county of Suffolk, in which Boston is situated contains Charlestown debt................
57,000
352.000
592.000
............
also the city of Chelsea and the towns of Revere and Winthrop. Bos West Roxbury debt.............
25,000
50,000
3,212,000
3,229,000
3,246,000
ton, however, receives aU the county income, pays all the county County debt.......... .............
expenses, owns the county buildings, and is responsible for the county
Tot. fund, debt (inclusive
debt, which amounted on February 11892 to $3,212,000. The details
of water debt)............... $56,003,997
$55,861,980
$53,930,095
24,139,995
22,505,598
of this county debt are included in the following flnannin.1 report for Sinking funds....................... 25,483,737
the city.
Net debt on dates named.$30,520,260
$31,721,985
$31,424,496
„L O A N S When Due.
P a r k C o n s t r u c t io n —
B r id g e B o n d s—
The following table shows the amount of the gross funded debt»
4s, J&J, $450,000...Jan. 1,1918
6s, J&J, $223,000... Jan. 1,1894 4s, A&O,
sinking funds and the net debt for the last twelve years:
5.000.
.. Apr., 1918
4s. J&J,
100,000... Jan. 1,1893 4s, J&J,
5.000. .. July, 1918 Years.
Gross Debt.
Sinking Funds.
Net Debt.
4s, A&O, 300,000. .Oct. 1,1893 4s, A&O,
40,000... Oct., 1918 1892.......................$56,003,997 00
$25,483,737 00
$30,520,260 00
4s, J&J,
90,000...Jan. 1,1912 4s, J&J,
488,500... Jan. 1,1919 1891..................... 55,861,980 00
24,139,995
00
31,721,985 00
3*¿8,A&O, 250,000...Oct. 1,1917 4s, A&O,
8.000. ..Apr., 1919 1890...................... 53,930,095 22
22,505,598 72
31,424,496 50
B u r n t D i s t r ic t B o n d s —
4s, J&J,
3 .5 00 ..
.July, 19191889...................... 49,920,475 25
21,820,646 70
28,099,828 55
6s, J&J, $528,500...July 1,1894 4s, J&J,
439.500.. . Jan. 1,1920 1888..............
48,993,803 45
21,287,254 76
27,706,548 69
6s, A&O, 176,000...Oct. 1,1894 4s, J&J,
16.400.. . July, 1920 1887..............
46,799,962 72
19.946,810 94
26,853,151 78
5Sjg A&O,£989,800... Apr. 1,1893 4s, A&O,
44.100.. . Oct., 1920 1886...................... 43,628,322 04
18,409,433
51
25,218,888 53
C h a r l e s t o w n D e b t , assumed.
31*8,. J&J 500,000... Jan. 1, 1937 1885...................... 42,962,180 02
18,022,484 25
24,939,695 77
6s, J&J, $51,000.. .July 1,1893
P ublic P ark L oan of 1891—
1884...................... 43,185,669 07
16,476,871 22
26,708,797 85
Gen eral Ten Y e a r L o an —
4s, J&J, $500,000___Jan. 1,1921 1883...................... 41,184,358 12
16,156,795 43
25,027,562 69
4s, J&J, $1,185,000...Jan. 1,1899 4s, J&D, 700,000___ June 1,1923 1882...........
40,079,312
04
15,633,229.37
24,446,082
67
L i b r a r y B on ds—
P a r k L an ds—
40,949,332 18
14,511,849 19
26,437,482 99
4s, A&O, $49,000...Apr, 1,1893 3*2, J&J,$400,000___July 1,1917 1881...........
4s, J&J,
50,000.. .July 1,1893 3*2, J&J, 600,000___Jan. 1,1920
BORROWING POW ER.—The city’s borrowing power March 11892
4s, A&O,
80,00 0 ...Oct. 1,1893
School H ouses & Sites , 1891—
4s, J&J,
25,000...Jan. 1,1896 4s, A&O, $500,000__ Apr. 1,1911 is shown in the following statement:
4s, J&J, , 25,000...July 1,1896
Total debt, city and county.......... .................................... $57,058,997 35
Se w e r a g e B o n d s —
4s, A&O, 390,000...Oct. 1,1896 6s, A&O, $30,000__ Oct. 1,1897
Less special loans (outside of liinit)........$6,650,000 00
J
4s, J&J,
297,000...July 1, 1900 5s, A&O, 145.000. .. . Oct. 1,1897
do county loans (outside of limit). . . . .. 2,400,000 00
4s, A&O,
14,000...Oct., 1900 5s, A&O, 32.000. ... Apr. 1,1899
do Cochituate and Mystic water debt.. 17,005,773 98
4s, A&O,
189,900...J a n /1,1901 5s, A&O,
17.000. ... Apr. 1,1900
3*28, J&J, 500,000...July 1,1899 5s, A&O,
18.000. ... Oct. 1,1900 Total deductions............................................................. 26,055,773 98
L o n g I s l a n d P o o r H o u se —
4s, A&O, 100.000. ... Oct. 1,1897
4s, J&J
$70,000.. .Jan. 1,1895 4s, A&O,. 100,000.... Oct. 1, 1898 Total debt less above deductions........................ .............. $31,003,223 37
3^8, J&J,
80,000...Jan. 1,1896 4s, J & J ,1,000.000....Jan. 1,1899 Sinking funds, less $7,761,462 61 held for loans deducted
“ M is c e l l a n e o u s ” L o a n s —
as above (water loans, e t c .) ........................................... 17,701,683 83
4s,A&O,l,250;000. ..Apr. 1,1900
4s, A&O, $409,500...Oct., 1896 4s, J & J ,
2 4 ,0 0 0 ....Jan. 1,1901
4s, J&J,
574,000.. .Jan. 1,1900 4s, A&O,
Net debt, excluding debts outside of lim it................$13,301,539 54
5 ,0 00 .... Apr. 1,1901
4s, A&O,
670,000... Oct. 1,1900 4s, A&O,
10.000. ... Oct. 1,1901
4s, J&J,
460,000...Jan. 1,1901 4s, J& J,
8.000. ... Jan. 1,1902 Two per cent on $790,036,144 (average valuation for
3*28, J&J, 500,000...July 1,1899 4s, A&O, 317.000 _Apr. 1,1902
five years, less abatements).............................................$15,800 183 34
3*28,A&O,1,037,000.. .Oct. 1,1899 4s, A&O, 627.500.. .. Oct. 1,1902 Net debt, as above...................................... .......................... 13,301,539 54
P a r k B o n d s—
4s, A&O,
2
2.500..
..
Jan.
1,1903
4s, J&J, $100,000.. .July 1, 1892 4s, A&O, 500.000. ... Apr. 1,1903 Right to borrow March 11892, under chapter 178 acts
4s, A&O, 200,000...Oct. 1,1900 4s, A&O, 251.000 -Oct. 1, 1903
4s, J&J,
343,000...Jan. 1,1913 4s, J& J, 500.000. ... Jan. 1,1904 o f l8 8 5 ...... ............... ............................. ........................... $2,499,183 34
Bonds to the amount of $346,500 inside of the debt limit have been
4s, A&O
913,000...Apr. 1, 1913 4s, J& J,
97.000. ... July 1,1904
4s, J&J,
500,000...Jan., 1914 4s, J& J,
50,000___Oct. a, 1904 authorized, but are not yet issued.
4s, A&O,
75,000.. .Apr. 1,1914 4s, J& J,
50.000. .. .Jan. 1,1905
3*38,A&O, 20,000... Apr. 1,1916 4s, A&O,
51.500.. . . 0 .t. 1,1906 ASSESSED VALUATION.—The city’s assessed valuation of real
3ifl8,A&0, 55,000...Oct. 1,1916 4s, A&O, 337.000. .. . Oct. 1,1911 estate and personal property and tax rate, at different periods, have
A&O, 29,000...Oct. 1,1915 4s, J&J, 100.000. .. . Jan. 1,1912 been as follow s:
TH E
572
iV oi* LIV.
C H R O N IC L E .
TACOMA'S FINANCES.
W e received last week a special report from the Con
troller of Tacoma, Washington. From his statement we
learn that the city’s total debt on March 15 1892 was
$1,122,365 30, of which $550,000 is bonded. The sinking fund
assets on the same date were $226,092 22, leaving a net debt
of $896,266 08. The assessed valuation of real estate in Tacoma
for the year 1892 is $39,955,293; of personal property $4,945,162; total assessed valuation $44,900,455. Property is assessed
at about 65 per cent of its actual value. The tax rate for this
year has not yet been made up.
L.YNN , Iff A S S .—Mr. E. Knowlton Fogg is still Mayor oi this
With the report the following interesting letter was re
city, which is situated in Essex County
Lynn pays to the sinking fund yearly an amount of money sufficient, ceived, which we publish in full:
Real
Personal
Total
Vfiftrs
Estate
Pr ottertv.
Valuation, per
,ouu.
1 8 9 1 ..
. . . . . . $650,238,375 $204^27,700
$855,066,075^ $12'60
18 9 0 .............. 619,990,275
202,051,525
8£2,041,800
13 30
18 8 9 .............. 593,799,975
201,633,769
795,433,744
12 90
1 8 8 8 ..
.... 563,013,275
201,439,273
764,452,548
13 40
1887............. 547,171,175
200,471,342
^ ,6 4 2 ,5 1 7
13 40
18 8 6 ............. 517,503,275
193,118,060
£10,621,335
12 70
1880
437,370,100
202,092,395
639,462,495
15 20
1 8 7 0 ..
. .. 365,593,100
218,496,300
584,089,400
15-30
The tax rate in 1891 included the State tax $0-54 per $1,000, the
county tax, $0-56; the city tax proper, $11-50; total per fl>OQ0j
$12-60.
PO PU LATIO N .—In 1890 population was 448,477; in 1880 it was
362,839; in 1870 it was 250,526.
with the accumulations of interest on the sinking fund investments, to
pay off the entire debt at maturity.
S e w e r L o a n — (Continued)LOANS—
When Due.
3 *28, M&N,$9,000, r...Nov. 1,1894
E n g in e H o u s e 3*28,
J&D, 15,000, r...June 1,1895
48, M&N, $4,500, r ___Nov. 1,1892
St r e e t I m p r o v e m e n t *—
($1,500 yearly) to Nov. 1,1894
4s,
A&O,$125,000,
r..A pr. 1,1920
4s, J&J, $8,000, r . .. .July 1,1898
4s, J&J, 15,000, r . .. .July 1,1901 4s, A&O, 10-,000, r..O ct. 1,1921
F ir e A p pa r a tu s L oan-
W a t e r L oan-
48, J&J, $11,000, r . .. .July 1,1900 68, J&J,$100,000, o..July 1,1894
6s, J&J, 50 ,000, c..Jan. 1,1896
M u n i c ip a l L o a n —
----50,000, c..Jan. 1,1899
6s, J&J, $50,000, r . .. .July 1,1892 5s, J&J,
6s, A&O, 70,000, C___Apr. 1,1895 5s, J&J, 50.000, c..Jan. 1,1900
6s, A&O, 220,000, c&r.Apr. 1,1896 5s, J&J, 50.000, c..Jan. 1,1901
5s, M&N, 20,000....... Nov.19,1894 5s, J&J, 200,000, c-J a n . 1,1905
5s, M&N, 10,000....... Nov.19,1895 4s, F&A, 13,400, r..Feb. 1,1893
5s, A&O, 75,000,c ....O ct. 1,1897 4s, A&O, 10.000, r..A pr. 1,1900
8.000, r..Mar. 1,1903
4s, M&S,
P a r k L oan48, J&J, $30,000, c ___July 1,1919 4s, J&J, 150,000___Jan. 1,1905
4s, A&O, 6,000, r . .. .Oct. 1,1919 4s, M&N, 20.000, r..Nov. 1,1913
4s, A&O, 20,000,r....A p r. 1,1920 4s, M&S, 50.000, r..Mar. 1,1914
4s, A&O, 5,000, r . .. .O ct..l, 1920 4s, J&D, 20.000, r..D eo. 1,1914
4s, M&S, 10.000, r..Sept. 1,1916
P o l ic e St a t io n L o a n —
9.000, r..Oct. 1,1916
4s, J&J, $46,000, r . ... July 1,1899 4s, A&O,
7.500, r..July 1,1917
4s, J&J,
8,000, r . .. .July 1,1900 4s, J&J,
5.000,
r..Aug. 1,1917
4s,
F&A,
S c h o o l H o u se L o a n 2.000, r..O ct. 1,1917
48, J&D,$23,400, r . .. .June 1,1892 4s, A&O,
6.500,
r..Nov. 1,1917
4s,
M&N,
($3,900 due y’rly) to June 1,1897
4s, A&O, $18,000.......Oct. 1,1893 4s, A&O, 15.000, r..A pr. 1,1918
10.000,
r..J u n e l, 1918
4s,
J&D,
4s, M&N, 2,500, r . .. .N ov.l’ 91-’94
J&J, 85,000,c&r.July 1,1918
4s, M&S, 5,000, r....S ept. 1,1898 „
4s,
A&O,
100,000,
e&r.Apr.
1,1919
4s, A&O, 11,000, r ---- Apr. 1,1899
4s, A&O, 4,000, r . .. .Apr. 1,1900 4s, J&J, 75,000, r..July 1,1919
4s,
J&J,
35,000,
r..Jan.
1,1920
4s, A&O, 55,000, r ___Apr. 1,1901
4s,*A&O, 60,000,c....A p r. 1,1909 4s, A&O, 150,000, r..A pr. 1,1920
4s,
A&O,
50,000,
r.
.Apr.
1,1921
4s,*A&0, 50,000, r . .. .Oct. 1,1910
4s,*A&0,140,000____ Apr. 1,1911 4s, A&O, 25,000, r . .Oct. 1,1921
4 s ,........ . 5 0 ,0 0 0 ................ 1922
Se w e r L o a n —
4s, M&N, $21,000, r...N ov. 1,1897 3%s, F&A, 25,800, r..Feb. 1,1893
4s, J&J, 30,000, r...July 1,1904 3%s, M&N, 2,000, r . .May 1,1893
4s, M&S, 25,000, r...Sept. 1,1905 3%s, M&N, 10,000, r..M ay 1,1894
4s, J&J, 100,000, r...July 1,1906 3%s, M&N, 7,300, r.-M ay 1,1904
4s, M&N, 20,000, r...N ov. 1,1906 3%s, M&N, 31,000, r..Nov. 1,1913
4s, M&S, 10,000, r .. .Sept. 1,1907 3%s, J&D, 6,000, r..D eo. 1,1915
4s, F&A, 10,000, r ... Aug. 1,1908 3*28, M&N, 71,500, r..M ay 1,1905
4s, M&S, 10,000, r ... Sept. 1,1908 3^28, J&D, 5,000, r..D eo. 1,1905
4s, M&N, 10,000, r... Nov. 1,1908 3 *28, A&O, 2,000, r..A pr. 1,1916
‘ 4s, J&J, 10,000, r...Jan. 1,1909 3 ^28, M&N, 24,500, r..M ay 1,1916
- 4s,*A&O, 100,000, r.-.Apr. 1,1909 312s, J&D, 3,500, r. .June 1,1917
4s, J&J, 35,000, r... July 1,1910 313s, F&A, 6,500, r..Feb. 1,1917
M is c e l l a n e o u s B on ds —
4s, A&O, 10,000, r...O ct. 1,1910
4s, J&J, 10,000,r...Jan. 1,1911 4s, A&O, $30,000, r . . .Oct. 1,1900
4s,
A&O, 30,000, r...O ct. 1,1901
4s, A&O, 50,000,r...A pr. 1,1911
3%s, J&J, 10,000, r...July 1,1904
(c) coupon, (r) registered.
.
, ,,
.
* The loans marked thus (*)in th e above table are a ^ h om sft by
special acts of Legislature in excess of the city_s legal debt limit. The
total amount of outstanding bonds thus authorized is $485,000.
PAR VALUE O FIBO N D S.—The bonds are in pieces of $500 to
$2,500 each.
INTEREST—W H ERE PAYABLE.—Coupons are payable at the
Bank of the Republic, Boston, or at the City Treasurer’s office, L ynn ;
other interest is payable by City Treasurer only.
T O T A L DEBT, SINKING FUNDS, E T C -T h e subjoined state
ment shows Lynn’s total municipal debt, the sinking fund held by the
oity against the same, the water debt, and the city’s floating debt, on
the 20th of December of each of the last three years.
1891.
1890.
1889
Funded debt (excl. of water)...$1,661,400
$1,324,300
$1,206,700
295,614
224,641
353,235
Sinking funds............................;
C o n t r o l l e r ’ s O f f ic e ,
>
T a c o m a , W a s h ., March 15th, 1892. )
William B. Dana & Co., New York, N .Y .
G en t l em e n :—The city o f Tacoma (Old Tacoma) effected
its first organization June 9th 1874, under the provisions of
an -Act entitled “ An A ct to provide for the incorporation of
Towns,” approved November 29 1871, and was incorporated
by a special act of the Legislature passed November 12 1875.
The city of New Tacoma was also organized under the provisions oi the act of November 12 1871, and was incorporated
February 2 1880. City Government conferred by Legislative
Act passed November 5, 1881.
,
The cities of New and Old Tacoma were consolidated under
the name of Tacoma by Legislative A ct passed November 28
1883, which went into effect in January 1884.
.
The city of Tacoma was incorporated under Legislative
Act passed February 4th 1886.
On March 24 1890 the Legislature passed an act entitled
An Act to provide for the government of cities haying a
population of 20,000 or more inhabitants and declaring an
emergency to exist.”
, „ .
. , , ,
June 10 1890 election held and 15 freeholders elected to
fra m e city ch arter.
,
|
,
, ,
October 18 1890 election held and charter adopted.
TAmendments to charter will be submitted to people at the
April 1892 election unless this Supreme Court, before which
the question is to be argued in a day or two, should decide
that the notice given to people by advertisement of such
amendments was irregular.]
April 17 1891 special election held and city limits ex
tended as now existing.
.
T
The estimated population of the city January 1892 was
46,000.
.
.
. , ..
The provisions contained in city charter concerning indebt
edness are as follow s:
, ,
, .
“ Sec. 90. T he c it y m a y b o rro w m o n e y to b e u sed f o r
strictly m u n icip a l purposes, an d m a y in cu r indebtednesss in
oth er w a ys fo r said purposes, b u t it shall n o t fo r a n y pu rpose
b e co m e in debted in m an ner to an a m ou n t e x ce e d in g on e a n d
on e-h a lf per cen tu m o f the ta x ab le p rop erty in th e c it y w ith
ou t the assent o f th ree-fifths o f the voters in the c it y v o tin g
at an election to b e held fo r that pu rpose, n or in cases re q u ir
in g su ch assent shall th e total indebtedness o f th e c ity at a n y
tim e e x ce e d five per cen tu m o n th e va lu e o f th e ta x ab le prop*
erty in th e c ity , to be ascertain ed b y the last assessm ent m a d e
f o r c ity purposes, p r ov id ed th at the c ity , w ith su ch assent,
m a y b ecom e in deb ted in a la rge a m ou n t, n ot e x ce e d in g five
per cen tu m addition al, fo r th e pu rpose o f su p p lyin g the c it y
a n d its inhabitants w ith w a ter, a rtificial lig h t and sew er3,
w hen th e w ork s fo r su p p lyin g su ch w a ter, lig h t a n d sew ers
are owned and controlled by the city.”
.
“ Sec. 91. To secure any existing indebtedness of the city,
or indebtedness about to be incurred, the city may, by ordi
nance, authorize the issuance of the bonds of the city there
for, and pledge the faith and property of the city for the pay
ment of such bonds, and direct the time and manner of the
payment of both principal and interest thereof, and may from
time to time authorize the refunding of any indebtedness of the
Net debt on Dec. 20th..............$1,365,786
$1,099,659
$853,465 city. No bonds shall be sold until they have been advertised
Water debt (additional)............$1,677,500
$1,612,500 for sale at least thirty days preceding the day of sale, nor
Floating debt (additional).......
mo
e o o ^ ’onn
Total municipal debt................$3,329,400
$3,051,000
$2,944,200 shall any bonds of the city be sold for less than par and ac
The funded debt as given above for 1891 includes loans to the amount crued interest, or for a longer time than twenty years.
. of $485,000 in excess of debt limit and issued under authority of
special acts of Legislature.
The sinking fund receives yearly an amount sufficient, with accumulationsof interest, to pay debt at maturity.
C ITY PR O PERTY AND W A T E R W O RK S.—The city property,
consisting of real estate, school buildings and public parks, amounts
t 0 $1,417,650. Total cost of water works to Jan. 1,1892, was $2,010,999. The earnings of the water works for 1891 were $150,081; ex
penses of operation and maintenance, $32,024; interest on water
loan, $81,251; total, $113,275; leaving a balance of $36,806, which
was transferred to the water loan sinking fund.
ASSESSED VALUATION.—The city’ s assessed valuation and tax
rate have been as follows, real estate being taken <( at about threefourths cash value.”
.
„ ,
__
................ Personal
Rate o f Tax
Y ea rsReal Estate.
Property.
Total, per $1,000.
1891 ................ $32,395,172
$12,371,700
$44,766,872- $14-60
1890
.. 29|390,332
11,340,046
40,730,378
1500
1889 *
27,575,936
12,448,931
40,024,867
14-20
1888...............
26,342,939
6,881,141
33,224,080
18-60
1880............... . 17,913,543
5,470,192
23,383,735
17-60
1870"
14,277,212
6,649,903
20,927,115
17‘20
PO PU LATIO N .—In 1890 population was 55,727; in 1880 it was
38,274; in 1870 it was 28,233.
R p sn ectfu llv
K esp ecttu iiy,
FRED. T. TAYLOR,
C on troller.
San Antonio’s Financial Condition.—A report has been
widely circulated to the effect that the city of San Antonio»
Texas, is in a bankrupt condition. The only basis for the re
port seems to be the fact that owing to an amendment in the
city’s charter making the end of the fiscal year three monthslater than it has formerly been, the time for the collection of
taxes has been correspondingly postponed and a temporary
difficulty in meeting the current expenses has been the natural
result. The taxes will all be paid in by June 1 1892, and w e
are informed that the. city will then have funds sufficient to
meet all its current liabilities and have a balance left in the
treasury.
_
A report received this week from City Treasurer Fred.
Herff, Jr., shows that the city’s total bonded debt is $1,223,500
and the assessed valuation in 1891 was $30,755,485. The debt,.
A p r i l s , 1892.]
TH E
C H R O N IC L E .
573
Hannibal, M issouri.—(State and City Supplement, page
it is stated, is less than one-half the amount allowed the city
120.)—An issue of $20,000 o f additional electric light bonds is
by law. .
contemplated by this city. The money thus raised will be
County Securities in Colorado.—The Supreme Court of used to increase the present capacity of the plant. The total
the United States has recently rendered a decision vs. Chaffee debt of the city is at present $96,800.
Huntington, W. Va.—(State and City Supplement, page
County, Colorado, which compels that county to pay a series
160.)—This city has sold its 30-year 6 per cent paving bonds to
of bonds which the county had attempted to repudiate. Judge N. W . Harris & Co., of New York. The amount of the issue
Riner, of the United States Circuit Court of Colorado, has also is $50,000, and the bonds mature on March 1 1922.
recently handed down a decision in the case of H. H. Dudley,
Joplin, Mo.—School bonds to the amount of $20,000 have
a capitalist of New Hampshire, vs. Custer County, compelling been sold to W. J. Hayes & Sons, of Cleveland, O. The issue
bears interest at the rate of 6 per cent and matures in twenty
said county to pay their warrants.
It is stated that about $1,000,000 worth of such securities are years with an option of call after ten years.
Kosciusko County, Indiana.—(State and City Supple
owned in New York and New England, and the holders are
forming an association with a view of taking united action ment, page 94.)—Mr. John N. Runyan, Treasurer of Kos
ciusko County, writes us that $20,000 o f the County Court
to enforce their speedy payment.
House bonds will be called and paid off this year. The
Pennsylvania’s Finances.—The annual report o f State amount at present outstanding is $80,000.
Leavenworth, Kansas.—(State and City Supplement
Treasurer Henry K. Boyer is out for the fiscal year ending
November 30 1891. The total receipts for the year were $13,- page 133.)—On April 5th an election will be held in this city
for the purpose of voting on the question of issuing $30,000 o f
907,161 74, and the total expenditures $10,453,952 64, leaving a 5 per cent 30-year bonds. The proceeds of the issue will be
balance on December 1 of $6,979,854 55. During the year used for buying terminal facilities for the new bridge across
loans were redeemed to the amount of $2,538,352. The total the Missouri River, City Treasurer Henry Jansen writes ua
public debt on December 1 1891 was $9,811,568 and the sink that the proposition will be carried by a large majority.
New Bedford, Mass.—(State and City Supplement, page
ing funds held assets amounting to $6,764,483. From Novem
ber 30 1891 to March 1 1892 loans to the amount of $1,444,800 29.)—Bids were opened in this city on March 23 for $50,000 of
4 per cent improvement bonds due April 1 1902, and for
were redeemed, making the total amount redeemed since No $100,000 of 4 per cent sewer bonds payable April 11912. Both
vember 30 1890 $3,983,152.
issues were awarded to Messrs. Chamberlain, Burdett & Co.
of Boston, Mass., the price paid for the twenty-year bonds
Mount Yernon, N. Y.—(S t a t e a n d C i t v S u p p l e m e n t , page being 105-76 and for the ten-year bonds 103-15. Twelve other
54.)—An election was held in the village of Mount Vernon, bids were received for these loans, ranging from 105*03 to
Westchester County, on Monday, March 21, to decide on the 102*47 for the sewer bonds and from 103-10 to 101-39 for the im
question of incorporating as a city. Much interest was taken provement bonds.
New York City.—(State and City Supplement, page 54.)
in the vote, and the result showed a large majority in favor of
Comptroller Myers has been authorized by the Commissioners
the proposition. A later report states that the bill authorizing of the Sinking Fund to sell dock bonds to the amount of
incorporation has been signed by Governor Flower.
$1,500,000.
Niagara Falls, N. Y.—Niagara Falls sewer bonds to the
amount of $100,000 were sold at 125.
Ottumwa, Iowa.—(State and City Supplement, page 117.)
B o n d P ro p o sa ls a n d N e g o tia tio n s.—W e have re —Ottumwa has recently sold $110,000 of 5 per cent Court
ceived through the week the following notices of bonds House bonds.
Oregon.—(State and City Supplement, page 150.)—The
recently negotiated and bonds offered and to be offered for outstanding warrants of the State of Oregon indorsed on or
sale.
before September 18 1891 will be paid on presentation at the
Apalachicola, Fla.—An election will be held in Apalachi office of the State Treasurer. No interest will be paid on
cola on April 5 to vote on the question o f issuing $12,000 of these warrants after March 19.
Portsmouth, N. H.—(State and City Supplement, page
twenty-year bonds to bear interest at a rate not higher than 8
16.)—On March 30 $150,000 of 4 per cent 20-year water bonds
per cent.
Baltimore, Md.—(S t a t e a n d C i t y S u p p l e m e n t , page 80.)— of this city were awarded to Blake Bros, of Boston, Mass., at:
The bill authorizing Baltimore to issue $6,000,000 of bonds has 102*97. Other bids were as follows: R. 1 . Day & Co. bid
102*328; Spencer Trask & Co. bid 102 03; George A. Fernald
been signed by the Governor.
6 Co., 102*07; Brewster, Cobb & Estabrook, 102-59, and W .
Cambridge, Md.—A bill authorizing this city to issue J. Hayes & Son, 101-77.
$50,000 of water bonds is now before the Maryland Legislature.
Redlands,JCalifornia.—Proposals will be received until
Carrollton, Ga.—An election will be held in Carrollton on April 27 1892 by the Board of Trustees of the city of Redlands
April 18 to decide on the question of issuing water bonds to for $100,000 of 6 per cent bonds dated May 1 1892 and matur
the amount of $25,000.
ing at the rate of $5,000 yearly thereafter. Interest and prin
l ’ allas County, Tex.—The Court House and bridge bonds of cipal will be payable in gold at the Chase National Bank of"
this county issued prior to the year 1891 will be paid on pres New York.
entation.
Rouses’ P oint, N. Y.—A bill has been signed by Governor
Dayton, Ohio.— (S t a t e a n d C i t y S u p p l e m e n t , page 87.)— Flower authorizing the Water Commissioners of Rouses’ Point
This city has recently sold $295,000 of 6 per cent paving bonds. to issue additional bonds for the purpose of extending the
It is reported that the price paid for $180,000 of the loan was water mains.
109-50.
Sandusky, Ohio.—(State and City Supplement, page 90.>
Dover, N. H . —(S t a t e a n d C i t y S u p p l e m e n t , page 15.)— —Bids will be received at the office of the City Clerk until
Bids were opened on March 29 for 4 per cent City Hall bonds April 23 1892 for the purchase of $43,000 of 5 per cent bonds
to the amount of $181,000, and the loan was awarded to E. H. dated May 1 1892 and falling due part yearly until May 1
Rollins & Sons of Concord, N. H., at 102-77. The other of 1911. The total debt o f thé city, including the new issue, is
fers received were as follows: Messrs. Jones & Faile of $424,000 ; sinking fund, $8,751 ; tax valuation, $7,000,000.
New York, bid 100*05; R. L. Day & Co., of Boston, bid 101-53;
Spalding County, Ga.—This county has voted to issue 6 per
Spencer Trask & Co., of Boston, bid 101-776; Brewster, Cobb cent bonds to the amount of $10 ,000.
& Estabrook, of Boston, bid 101-80; Blake Bros. & Co., of
Suffolk, Va.—A bill is before the Virginia Legislature
Boston, bid 102-46; George A. Fernald & Co., of Boston, bid
102-575, and W . J. Hayes & Co., of Boston, bid 102-63 for authorizing Suffolk to issue bonds to the amount of $25,000.
Tecumseh, Mich.—The people have voted to bond the
$111,000 of the bonds maturing in April 1912. City Treasurer
Isaac F. Abbott writes us that he considers the sale very cred village for $35,000.
itable to the city’s financial condition.
Texas.—(State and City Supplement, page 179.)—The
Elmira, N. Y.—(S t a t e a n d C i t y S u p p l e m e n t , page 51.)— seven per cent revenue deficiency bonds of this State issued
A bill has been introduced in the New York Legislature in 1871 and maturing April 1 1892 will be paid on presentation
amending the law of this year which authorized the city of at the Bank of New York or at the State Treasury, Austin,
Elmira to issue redemption bonds, by increasing the amount Tex. The amount of this issue outstanding is $467,000.
to be issued from $235,000 to $300,000.
Utah T erritory.—(State and City Supplement, page 143.>
Fait haven, W ashington.—The city of Fairhaven offers for —The 1892 Legislature has authorized this Territory to in
sale $75,000 of 6 per cent 20-year gold bonds, interest to be crease its permanent debt by the amount of $250,000. No
payable semi-annually in New York. These bonds are part of bonds have as yet been sold.
an issue of $250,000 authorized May 6 1891 and to bear the
Waco, Tex.—(State and City Supplement, page 182.)—A
date of July 1 1891. Bids will be received until May 25 1892. ordinance has been passed by the Common Council of WacoF all River, Mass.—(S t a t e a n d C i t y S u p p l e m e n t , page 25.) authorizing an issue of 6 per cent 30-year bonds to refund th o
—The four per cent sewer bonds of this city offered for sale on railroad aid bonds of the city, which matured Nov. 1 1891 but
March 28 to the amount of $50,000 were awarded to the have not yet been paid. The amount of these bonds out
standing is $42,000.
Worcester County Institution of Savings at 102*81.
Wayne County, Ohio.—This county recently sold bonds t o
Guthrie, Oklahoma.—Water bonds to the amount of $50,000
the amount of $85,000 at a premium of $1,200. Since the salehave been sold at 88.
j
574
TH E
C H R O N IC L E .
[VOL. LTV.
a suit has been instituted in the Supreme Court to decide on
TOTAL DEBT, SINKING FUND, Et c .—The subjoined statement
the constitutionality of the act under which the bonds were shows Rockland’s total funded debt, total assets, and the floating debt,
issued.
on the ninth day of February of each of the last two years.
1892.
1891.
Wilmington, Del.—(S t a t e a n d C i t y S u p p l e m e n t , page „ . . . i
$779,100
funded debt............................................. .........$731,900
79.)—Proposals were opened in the office of Joseph K. Adams, Total
Total assets........................
468,970
509,482
City Treasurer, on March 29 for $200,000 of street and sewer
Net debt on February 9........................................ $262,930 $269,618
improvement bonds. The loan was awarded to the Equitable
$89,961
Guarantee Sc Trust Company at par, bonds to bear interest at Floating debt (additional).......................................... $91,259
The
floating debt includes certificates of deposit bearing interest at
the rate of 4 per cent per annum. Other bids were received
as follows : Elliott Johnson & Co. bid 102’13, bonds to bear in the rate of 3 per cent and payable on demand, $87,357.
AVAILABLE ASSETS.—The city’s total assets, as given above, con
terest at the rate of
per c e n t; the Security Trust & Safe
sist of Penobscot Shore Line Railroad 1st mortgage 4 per cent bonds,
Deposit Co. bid 101 at 4^£ per cent and 94 at 4 per cent.
W hite Plains, N. Y.—A bill has been signed by Governor | due August, 1921, $401,000; uncollected taxes, cash on hand, etc.
Flower authorizing the village of White Plains to issue bonds $67,970.
for purchasing fire apparatus.
TA X FREE. A ll bonds of the city of Rockland are exempt from
taxation.
S T A T E AND C ITY DEBT CHANGES.
W e subjoin reports as to municipal debts received since the
publication last week o f our S t a t e a n d C i t y D e p a r t
m ent.
Some of these reports are wholly new and others cover
terns of information additional to those given in the S u p p l e
m e n t , and of interest to investors.
ASSESSED VALUATION.—The city’s assessed valuation (about
the same as cash value) and tax rate have been as follows for a series
of years:
Real
Personal
Total
Rate o f Tax
Years.
Estate.
Property.
Valuation, per $1,000.
1 8 9 1 ...,.........$2,964,681
$1,613,904
$4,578,585
$22-50
1890............... 2,889,011
1,444,893
4,333,904
22-50
1886....................................
3,788,780
22-50
POPULATION.—In 1890 population was 8,174; in 1880 it was
7,599 ; in 1870 it was 7,074.
Maine—Rockland — (S t a t e a n d C i t y S u p p l e m e n t , page 12 •
New Hampshire—Keene.— (S t a t e a n d C i t y S u p p l e m e n t ,
Mr. E. A. Butler is still Mayor of this city. The following repage 15.) Mr. H. Kimball still holds the office of Mayor. The
port of debt, assets and valuation contains detailed information
following statement of Keene’s debt and resources has been
furnished us this week by Leander Weeks, City Treasurer.
corrected to the present date.
Rockland is in Knox County.
This city is the county seat of Cheshire County.
LOANS—
When Due. I C i t y B o n d s (Continued)—
Ci t y B o n d s —
4s, J&J, $7,400........... July 1,1898
4s, M&N, $4,300.......... May 1,1892 4s, J&J, 35,500........... July 1,1900
4s, J&J,
84,100....... July 1,1892 4s, J&J,280,500...........July 1,1911
4s, J&J, 4 0 ,1 0 0 ......July 1,1893
Subject to call after July 1,1891
4s, J&J, 49,500....... July 1,1894
K n o x & L in c o l n R R . L o a n —
4s, J&J,
37,500....... July 1,1895 6s, J&J, $34,000......... July 1,1892
4s, J&J, 6 5 ,0 0 0 ......July 1,1896
(Part yearly) to July 1,1899
4s, J&J,
59,200....... July 1,1897 6s, F&A, $35,100........ Feb. 1,1902
INTEREST on all issues of bonds Is payable at the office of the
City Treasurer in Rockland.
N E W LOANS.
V IR G IN IA DEBT.
NOTICE.
T he u n d esign ed Bondholders’ C m mlttee hereby
g iv e notice that they have effected a settlement o f
th e debt o f the State o f Virginia, under the Bond
holders’ A greem ent o f May 12,1890, and the “ Plan :
and ^Proposition ” o f Nov. 28, 1890, and that the
DEPOSITARIES, viz.:
LOANS—
When Due.
W a t e r B on dsR a il r o a d A id B o n d s—
68, J&J, $9,000.......July
4s, J&J, $150,000..., July 1,1894 6s, J&J, 5,500....... July
($15,000 yearly) to July 1,1903 6s, A&O, 10,000....... Oct.
4s, J&J, $10,000,.......July 1,1904 5s, J&J, 35,000....... Jan.
Se w e r B o n d s4s, A&O, 5,000.......Apr.
48, J&J, $60,000...... July 1,1905 4s, A&O, 40,000...... Apr.
($15,000 yearly) to July 1,1908
($10,000 yearly) to Apr.
4s, J&J, $10,000........ July 1,1909 3128, J&J, $7 ,00 0 .... .Jan.
3i«s, J&J, 3 0 ,0 0 0 .....Jan.
($10,000 yearly) to Jan.
N E W LOANS.
N EW
OF NEW Y O R K .
Brown, Shipley & Company
$ 5 0 0 ,0 0 0
City of Spokane, Wash.,
$ 100,000
2 0 -Y E A R
Town of Johnston, R. I.
G O L D 4s ,
A t , 102 1-4 and Interest,
COUPON OR REGISTERED.
OF LONDON.
The Mercantile Trnst & Deposit Co.
OF RICHMOND.
W IL L RECEIVE FURTHER DEPOSITS
O F THE OBLIGATIONS OF THE STATE
FOR A LIM ITED PERIOD WITHOUT
PENALTY.
Penalties which have been collected will
he returned upon appplicatlon.
A copy of the Virginia Statute has been
Hied with each depositary.
The Commission of Distribution will take
notion after the books of the Committee are
closed in accordance with the terms of the
■“ Plan and Proposition” of Nov. 28, 18 90.
NEW YO R K , March 12, 1892.
FREDERIC P. OLCOTT,.:
CHARLES D. D ICKEY, J r„
W IL L IA M L . BULL,
HUGH R. GARDEN,
HENRY BUDGF,
JOHN G ILL,
Bondholders’ Committee.
■G. S. ELLIS, Secretary,
Johnston is a suburb o f Providence, from which
Population a b o u t ................................................... 10,000
Assessed valuation over..................................16,000,000
Entire d eb t......................................................... 260,000
Loan is secured by a Sinking Fund.
T ax rate 80 cents on $100.
5 NASSAU S T R E E T , N E W Y O R K .
2 6 S T A T E S T R E E T , ROSTON.
FISHER
GOLD BONDS.
Interest and principal payable in gold coin o f pres
ent standard o f weight and fineness.
W e com m end this loan as a desirable investment
fo r trust money.
P rice and particulars on application.
FARSON, LEACH & C O .,
CHICAGO,
73 Dearborn Street.
NEW YO R K ,
2 W all Street.
GRADE
M U N IC IP A L B O ND S,
Netting the Investor from 4 per cent to 6
per cent. W rite for Circular.
E. H. Rollins & Sons,
C O N C O R D , N. H .
&
SH AW .
BANKERS,
Dealers in MUNICIPAL BONDS.
Street Railway Bonds and other high grade in
vestments.
143 Superior S t .^
7 E xch an ge
10 W ALL STREET,
P la c e .
NEW YORK.
B a ltim o r e , M a ry la n d ,
Cable Address, “ KEN N ETH .”
DEALERS IN
Lamprecht Bros. & Co.,
M U N IC IP A L
BONDS
Issues o f Corporations Possessing
Strong Municipal Franchises.
EXECUTED
BANKERS,
MUNICIPAL
AND IN THE
CASH ORDERS
BANKERS AND COMMISSION MBBOHANTB
CENT
Blake Brothers & Co., W. J. Hayes & Sons,
64 W all Street, Ne wYork.
T H O M A S B R A N C H & C O ,,
6 PER
H IG H
OF BALTIMORE. bity it gets its water supply.
The Planters’ National Bank
F IN A N C IA L.
LO A N
DUE FEBRUARY, 1912,
Central Trust Company
1,1892
1,1893
1,1896
1,1899
1,1913
1,1914
1, 1917
1,1910
1,1911
1,1913
ON THE
^¿BALTIMORE STOCK EXCHANGE.
MERCHANTS’ NATIONAL BANK,
BONDS.1
C leveland, O b lò , P erry-P a yn e B ’ ld ’ ff
B o s to n , M a ss., 53 State [Street.
N ew Y o r k , 11 W a l l Street*
CITY AND C O U N T Y
BONUS.
BOUGHT AND SOLD.
R IC H M O N D , V I R G I N I A .
R IC H M O N D , V I R G I N I A .
Collections made on aU Southern points on beet
Circulars and information on funding the debts o? terms;
prompt
returns.
Virginia and North Carolina free of oost; one-elghtl
15 W a ll Street, NEW Y O R K .
JOHN P. BRANCH, President.
per oent charged for funding. Southern Rallroa*
and State and City Bonds bought and sold.
CHICAGO.
J o h n f . G l e n n , Caah’r. F b e d . R. S c o t t . Vloe-Pres BOSTON
N. W. H A R R IS & C O .,
A p r il 2, 1892. J
TH E
C H R O N IC L E .
INTEREST on aU issues is payable at the City Treasury, and on the
water 4 per cents also in Boston.
DEBT, SINKING FUNDS, Et c .—The subjoined state*
ment shows Keene’s total municipal debt and the sinking funds held by
the city against the same, on the first of January of each of the last
three years.
1892.
1891.
1890.
Total funded d e b t ...............
$375,500
$331,800
$343,800
Sinking funds....................................... 41^248
39,453
38,788
Net debt on January 1 .................$334,252
$292,347
Water debt (included above)............... $145,500
$101,800
The sinking fund has received yearly about $10,000.
$305,012
$113,800
C ITY P R O P E R T Y .—The city owns, its water works, valued at
$200,000. They are more than self supporting. The railroad loan
were a gratuity to the Manchester & Keene HR., and are not offset by
any railroad securities in the hands of the city.
ASSESSED VALUATION.—The city’s assessed valuation and ta r
rate have been as foHows:
Total Assessed
Rate o f Tax
Amount
Valuation.
p er $1,000.
Raised.
1891-*--.................................$6,051,111
$12-50
$84,153
1890...........................
6,117,404
13-00
82,186
1889....................................
6,096,732
12 0 0
81,688
1888..........................
6,089,996 12-00
80,105
1880...................................... 5,757,752
60,758
4,676,117
1 8 7 5 ............................
67,354
In addition to the tax rate as above given there was in 1891 in'the
Union School District a tax of $0-95 and in the Town School District a
tax o f $0-80 per $1,000.
PO PULATION.—In 1890 population was 7,446; in 1880 It was
6,784; in 1870 it was 5,971.
Massachusetts, Everett.—(State and City Supplement,
page 25.) The subjoined financial statement has been received
675
Everçtt is situated in Middlesex County.
.. LOANS—
When Due.
„ LOANS-
A ssum ed D e b t
op
M alden-
78, J&J, $26,000___Jan. 27, 1894
T O T A L DEBT, ETC.-Everett’s total bonded debt on March 1
1892, was $250,000; floating debt, $93,500; total debt, $343,500 (of
which $150,000 for w ater); sinking fund assets, $56,000; net debt
®287,500.
ASSESSED VALUATION.—The assessed valuation in 1891 of real
estate was $8,317,600; of personal property, $463,250; total assessed
valuation, $8,780,850. Property is assessed at a fair cash value The
tax rate (per $1,000) for State, county, town and school purposes was
$14*50.
POPULATION .—The population according to United States Census
m 1890 was 11,068; in 1880 it was 4,159; in 1870 it was 2 220 A c
cording to local authority the population in 1891 was 1 2 ,4 7 1 .
California, Mendocino County.— (State
and
City Supple »
page 148.) County Treasurer D. M. Gibson has sent ua
the following detailed debt statement for 1892.
County seat is Ukiah.
ment,
from Nathan Nichols, Town Treasurer, and it shows the de
LOANS—
When Due.
u il d in g B o n d s —
tails of Everett’s debt, assets and valuation on March 1, 1892. 9s,B J&D,
$20,000...........¡¿.Past due
Co u n t y B o n d s —
Mr. Nichols also writes that the town has applied to the Leg
$68,000........Jan. 1, 1901
islature for a charter and will probably become a city on Jan 4s,R oJ&J,
a d B on ds1, 1898.
88, Jan. 1, $11,500...Jan. 1, 1897
8s, Jan. 1, 12,500...Jan. 1, 1894
CHICAGO.
When Due*
Sch o o l H o u se N o tes—
5s, M&S, $23,500... Sept. 8,1892
Ce m e t e r y N o t e s —
due y’rly) to Sept. 8,1901
5s, J&D, $2,000...... Dec. 22,1896 fs($2»350
, J&D, $12,000...June 25,1892
4s, J&J, 9,000......... July
1,1892 ($3,000
due y’rly) to June 25,1895
(Part yearly) to July 1,1895 4s,
J&D, $1,000....... June 25,1896
F i r e E n g in e , E t c ., N o t e s —
Se w e r B on ds—
5s, M&S, 4,000----Sept. 1,1892 4s, J&J, $50,000....... Jan. 1,1911
($1,000 due y’rly) to Sept. 1,1895 4s, J&J, 50,000....... July 1,1911
M u n i c ip a l L o a n s —
W a t e r B on ds—
5s, M&S, $10,000—
extended 6s, J&J, $50,000........July 1,1892
5s, J&D, $6,000......Dec. 7,1892 4s, J&J, $100,000...July 1, 1921
on the water bonds and sewer bonds is payable at the
Winthrop National Bank, Boston.
CHICAGO.
Interest is paid in Ukiah.
Total debt 1 8 9 2 ......... $112,000
Tax valuation 1 8 9 0 .... 1 1 ,033,605
State and county tax
$17-50
- (per $1,000)..........
Population in 1890 was.......17,612
Population in 1880 was.......12,800
CHICACO.
Title Guarantee & Trust The Jennings Trust Co., The Merchants’ Loan &
Company
18 5 D E A R B O R N ST*, C H IC A G O .
Trust Company,
OF
C H IC A G O ,
92, 94 & 96 WASHINGTON STREET.
CAPITAL, PAID UP, - SU R PLU S,....................
BANK
$500,000
C H IC A G O .
$25,000 Corner Dearborn and W ashington Streets»
NEGOTIATES GROUND RENTS In the City Of
ESTABLISHED 1 8 57 .
Chicago. Takes entire charge of estates. Acts as
agent for the registration and transfer of bonds and Surplus andduniiVided pi‘ Vflt»V..8 j ’ Sop’,QQu
stocks and the payment of coupons. Interest and
GUARANTEES TITLES TO REAL ESTATE.
dividends. Authorized by law to receive and execute J. W. DOANE, President.
$ 3 ,5 0 0 ,0 0 0
Offers investors in real estate securities trusts of every character from courts, corporations
protection afforded by no other system of and individuals. A legal depository for court and ORSON SMITH, SecondVice-T?Jrfdi£tPreB,de“ t
trust funds.
doing business.
F. N. W I L D E R ^ 8? » NriiC
e?.ShlerINTEREST ALLOWED ON DEPOSITS of money,
Is authorized by law to act as Registrar of Stocks
and Bonds, Executor, Receiver and Trustee for which may be made at any time and withdrawn after MARSHALL FIELl£C8L
DO A.NE
C. H. MCCORMICK
*P. L. YOB.
five days’ notice, or at a fixed date.
Estates, Syndicates, Individuals and Corporations.
JOHN DR K O VE li,
GEO.
M. PULLMAN.
Trust moneys and trust securities kept separate
TRUST FUNDS AND TRUST INVESTMENTS ALBERT KEEP.
A. H. BURLEY.
TYRRELL,
from the assets of the Company.
E. T. WATKINS,
are kept separate and apart from the assets of the JOHN
LAMBERT
TREE,
Company.
■ o-R eoN fS ifS *“ “ •■■a ™
CORRESPONDENCE SOLICITED.
Capital, paid-up........................... $ 1 ,6 0 0 ,0 0 0
Undivided earnings, including
surplus..........................................
220,000
Deposited with State Auditor. .
200,000
DIRECTORS.
Banking in all its Branches Transacted«
OFFICERS:
AZEL F. HATCH,
CHAS H. HULBURD,
Foreign exchange bought an sold.
GWYNN GARNETT, President.
M. W. KERWIN,
ANDREW C. LAUSTEN
. Credit and Commeroia.
A. H. SELLERS, Vice-President.
SAAC N. PERRY,
MAURICE ROSENFELD
ARCHIBALD A. STEWART, Secretary.
J. G. ORCHARD, Mgr Foreign Dept.
SAMUEL D. WARD,;
CHAS. R. LARRABEE, Treasurer J. R. WALSH,
OTTO YOUNG.
DIRECTORS:
A. O. SLAUGHTER, Member N. Y. Stock Exchange
Gwvnn Garnett,
Chas. W. Drew,
OFFICERS.
W. D. Kerfoot,
John P. Wilson,
WM, Y. BAKER, Member Chicago Stock Exchange
George C. Walker,
Edson Keith,
J.
R.
WALSH,
President.
John G. ShortaU,
Geo. M. Bogue.
ISAAC
N.
PERRY,
Vice-President.
John DeKoven,
a . H. Sellers.
Samuel B. Chase.
SAMUEL D. WARD, Treasurer.
BANKERS,
. LYMAN A. WALTON, Cashier.
COUNSEL:
W. C. Goudy,
FRANKLIN HATHEWAY. Secretary
John P. Wilson,
1 1 1-11 3 LA SALLE STREET,
A. W. Green,
A. M. Pence,
J.5B. BReese, Member New York Stock Exchange
C H IC A G O , I L L S .
D. M. Cummings, Member Chicago Stock Exchange
Chicago Securities Bought and Sold.
A . O. Slaughter 6c Co.,
Illinois Trust 6c Savings
Bank.
C H IC A G O , I L L .
CAPITAL AND SURPLUS. - $ 3 ,250 ,00 0
I N T E R E S T A L L O W E D O N D E P O S IT S .
This Bank is directly under the jurisdiction and
Illinois, is a LE G A L
DEPOSITORY fo r Court M odbys, and is aiithftriypd
to act as TRUSTEE. E X E C U T o S RECEIVER and
ASSIGNEE fo r ESTATES, IN DIV ID U ALS a£d
CORPORATIONS.
u w m u u A L S ana
OFFICERS:
John J Mitchell, President.
John B. Drake, Vice-President.
W m . H . Mitchell, Second Vice-President,
Wto. 11. Reid, Third Vice—I-rpsidi>nt
James S. Gibbs, Cash’r. B. af. Chattell, A s " t Cash“ r.'
DIRECTO RS:
John McCaffery,
John B. Drake,
L . Z. Leiter,
W m . H . Reid,
W m . H. Mitchell,
J ohn J. Mitchell,
W m . G. Hibbard,
J. C. McMullin,
D. B. Shipman,
J . Ogden Armour,
fata.
Frederick T. Haskell.
Breese & Cummings,
BANKERS AND BROKERS,
111 A N D 113 M O N ROE S T R E E T ,
Herman Schaffner 6c Co.
BANKERS,
CHICAGO
Securities listed in New York, Boston or Chicago
carried on conservative margins.
Union National Bank,
C H IC A G O .
P a id -u p Capital.
Surplus,
$ 2, 000,000
7 c 0 ,0 0 0
A regular Banking Business Transacted. A ccounts
or Ranks and Bankers, Mercantile and Manufacturing
t irms or Corporations, received on favorable terms.
Foreign Exchange Bought and Sold. Commercial
and Travelers’ Credits, available m a il parts o f the
glc>be, Issued. Telegraphic Transfers made with all
principal European and Dom estic Points. United
itates and other first-class Investment Bonds dealt in.
. CORRESPONDENCE SOLICITED.
COMMERCIAL PAPER
S.
W . Cor. D earborn & M a d iso n S ts.,
C H IC A G O , I L L .
Henry C. Hackney,
115 DEARBORN STREET,
C H IC A G O .
H IG H GRADE
IN V E S T M E N T
S E C U R IT IE S ,
Paying 8 per cent and 12 per cent for sale
TH E
MISCELLANEOUS.
ST. LOUIS.
8am’l a. Gaylord,
Jno. H. Blessing.
6% INVESTMENTS 6%
Gaylord, Blessing & Co.,
FIRST MORTGAGE GOLD BONDS,
Amounts $ 5 00 to $ 1 0 ,0 0 0 .
B A N K E R S AND B R O K E R S ,
GOLD DEBENTURE BONDS,
S T . L O U IS .
5 , 7 and 10 Years,
W ESTERN SECURITIES A N D
HIGH
GRADE
MUNICIPAL
BONDS
A TLA N T IC TRUST CO., N EW YORK, TRUSTEE^
A m o u n t s $ 1 0 0 t o $ 1 ,0 0 0 ,
A F E W CHOICE
A SPECIALTY.
Ed w a r d s W h i t a k e r .
Ch a r l e s H o d g m a n
Whitaker & Hodgman,
7
PER CENT FIRST MORTGAGES.
W rite fo r Description.
Lombard Investment Co.
3 0 0 North. F o u rth Street,
150 B RO AD W AY, NEW YO R K .
S T . L O U IS .
Union Loan & Trust Co
Geo. M. Huston & Co.
SIOUX CITY, IOWA.
BOND AND S T O C K DEALERS.
CAPITAL, Paid Up in Cash....$ 1 ,0 0 0 ,0 0 0
SURPLUS......................................
1 7 5 ,0 0 0
3 0 5 F IN E S T R E E T , ST. LO U IS, M O.
SOUTHERN.
Investments in the South,
Exchange Banking &
Trust Company,
CHARLESTON S. C.,
Transacts a General Banking and Trust
Business. Savings Department. Interest
Allowed on Deposits.
Investments made (at nsnal rates o f commission)
n safe and reliable Interest-paying Southern secuittles, and 1st mortgage loans on Improved city and
tow n real estate. Correspondence solicted as to all
Southern nvestments. Being within easy reach
o f all parts o f the South thorough and careful Inves
tigation can be made o f intended investments or
purchases.
OFFICERS.
INCORPORATED 1885.
DEALERS IN HIGH GRADE COM
MERCIAL PAPER,
\
a
nnuDly
which
it always
has on hand for
iu rv j ofgale
at Current
K-ate».
MUNICIPAL, CORPORATION AND
SCHOOL BONDS.
No Stronger Loan and Trust Company in
the West. Correspondence Solicited.
GEO. L . JOY, Pres.
A . S, GARRET SON, Vlce-Pres.
E. R. SM ITH, Sec’ y.
Prompt Attention Given to Collections.
bonds!
in v e s t m e n t
6X Per Cent 10 -1 5 year First Mortgage
Gold Bonds.
TRUSTEE—THE STATE TRUST CO.,
No. 50 W a ll Street, New York City.
PA RTIC U LAR S UPON APPLICATION .
The Gurley Investment
Company,
DENVER,
COEO.
C apital a n d Surplus,
-
$ 5 0 0 ,0 0 0
GEO. B , EDW ARDS, President.
P. N. PICKENS. Cashier.
H. C. W HILDEN, Secretary and Treasurer.
J. LA M B PE RRY, Solicitor.
SM YTHE & LEE, General Counsel.
The Colorado Mining
Investment Company,
DIRECTORS.
A. S. J. P e r r y , o f Johnston, Crews & Co., wholesale
41 W A L L S T R E E T , N E W F O R K ,
dry goods.
W i l l i a m M. b i r d , o f W m . M. Bird & Co., wholesale
paints and oils.
' *
’ '
J a m e s A l l a n , o f James A lla n -« Co., jewelers.
J . H . F. K o e n i g , with Knoop, Frerlchs & Co., cotton
exporters.
_ . , . Sb
■
G eo . B. E d w a r d s , Pres. Electric Light & Power Co
Davenport & Co.,
B AN K ER S
AND
RICHMOND,
!V A .
T. Spencer Turner,
Mortgage Loans
IN
F R A N C IS
S M IT H
&
The American
Manufacturing Company
„
_ 5 1 1 2 W a ln u t St., St. L o u is, M o
Offices j j g ¿ ¿ l g E xch an ge P lace, N . Y
this l a r g e s t w o r k e r s o f f i b r e ht t h e w o r l i *
M anufacturers o f
AN D OF
B A G G IN G F O R COTTON.
In addition to m ills at St. Louis and rCharlestOB
nave ju st com pleted at Greenpoint,#B rooklyn, the
largest, best equipped and best located
CORDAGE
AND ALL KINDS OF
COTTON CANYAS FELTING DUCK,
C AR COVERING, BAGGING,
RAVENS DUCK, SAIL TW INES, *0.,
ON TARIO ” SEAMLESS BAGS.
“ A W N IN G ” STRIPES.
A lso, a g e n t s
UNITED STATES BUNTING CO.
A full supply, all W idths and Colors, always
-Stock,
No. 109 D ia n e Street.
President,
Cashier,
Vice-President
W . B. BLACKWELL. H . O, FlSHBACK. EDMUND RICE.
General Banking Business Transacted.
Special Attention to Collections.
Merchants’ Nat’l Bank,
PORTLAND, OREGON.
Paid Capital.................................. $1 ,0 0 0 ,0 0 0
|. LOEW ENBERG, Pres. JAS. STEEL, Vlce-Pres.
I. A . MACRUM, Cashier.
SELLS SIGHT EXCH AN G E
AN D T E L E
GR A PH IC TRAN SFERS, and ISSUES LETTERS
o f CRBDIT available thronghout the United States
D R A W S BILLS OF EXCH AN G E on London,
Liverpool, Dublin, Paris, Berlin, F rankfort-on -th eMaln, and all the principal cities o f E u rop e; also on
^COLLECTIONS M ADE o n all accessible points.
SAN FRANCISCO.
The First National Bank
O F S A N F R A N C IS C O , CAL<.
UNITED STATES DEPO SITA RY .
CAPITAL,
SURPLUS,
-
$ 1 ,5 0 0 ,0 0 0
$ 7 5 0 ,0 0 0
S. G. M u r p h y , President. E. D. M o r g a n , Cashier
J a m e s M o f f i t t , V .-P res. G. W . K l i n e , A sst. Cash
GENERAL BAN KIN G BUSINESS.
ACCOUNTS SOLICITED.
Seattle, Washington.
10 Per Cent City and County Warrants,
9 Per Cent First Mortgage Loans.
8 Per Cent School Bonds.
CORRESPONDENCE S M A R T E D .
The L. H. Griffith Realty &
Banking Company.
MISCELLANEOUS.
Send fo Lists.
G E O . A . L E W I S & C O ., B a n k e r s ,
132 LA SALLE STREET, CHICAGO.
CO .,
SAN ANTONIO, TEXA S.
B r in c k e r h o ff, T u r n e r & C o.,
C O T T O N SA IL DUCK
Paid-up Capital............................... $ 2 0 0 ,0 0 0
Surplus................................................ $125,000
NO COMMISSIONS charged borrower or lender unti
loans have proven good.
CORDAGE
M AN U FAC TU RE R A N D D E A L E R IN
First National Bapk in the City,
T A C O M A , W A S H IN G T O N .
SECURE BANK VAULTS.
TEXAS.
SUCCESSOR TO
J
Tacoma National Bank,
Bought and Sold.
BAN KERS AN D BROKERS,
Private wires connecting with W ashington, Baitim o ie , Philadelphia, New York, Boston and Chicago.
New York Correspondents : Messrs. M oore a
Schley and Prince & Whitely
CORRESPONDENCE SOLICITED.
DIVIDEND-PAYING MINING
SECURITIES._______
ESTABLISHED, 1860.
St a t e B a n k B u i l d i n g ,
W A S H IN G T O N .
PAID-UP CAPITAL $2 00 ,0 00 .
6 Per Cent Bank Certificates Issued.
8 Per Cent Gold Mortgages.'
10 Per Cent City, County, State Warrants.
DEALERS IN
R IC H M O N D , V IR G IN IA .
C. W. Branch & Co.,
Commercial Bank,
TACOM A,
A M E S B U IL D IN G , BOSTON, M A SS.
B R O K E R S,
Correspondence solicited and inform ation furnished about Southern State, Municipal and Rail
road Investm ent Securities.
¡¡¡¿¿¿j _
_
New York Reference—CHAS. M. FR Y , Esq., Prasl
d ent Bank o f New York, N. B. A .
PACIFIC COAST.
G r a t t a n H . W h e e l e r . P re s . A . B r i d g m a n , Cash.
BOND AND STOCK BROKERS,
W e buy and sell outright all W estern
Municipal Bonds and Stocks. W a
chee fully furnish full and reliable in
form ation concerning any W estern se
curity without charge. .Monthly quo
tation circular mailed to all applicants.
New Issu -s o f municipal bonds wanted.
fVoL. L IV ,
C H R O N IC L E ,
AND
R A G G IN G
M IL L
IN A N Y COUNTRY.
ATLANTIC MUTUAL INS. CO. SCRIP
*
GENUINE
WELDED CHROME STEEL AND IRON
In Round and Flat Bars, and 5-ply Plates and Angle
FOR SAFES, V AU LTS, Ac.
, ,
Cannot be Sawed, Cut, or Drilled, and positively
Burglar-Proof.
CH R O M E STEEL W O R K S ,
SoloMan’f’erslntheU.S.
B RO OKLYN. N. Y?
JOSEPH GILLOTT’S
STEEL PENS.
GOLD MEDAL,
188&
THOROUGH CIPHER CODE.
Secresy D evice Perfect: CopiousJBlanks: Handy Size
($1.50 each.) ($3.00 pair.) ($15.00 doz.)
GET IT FROM
Dealt in by!
PUBLISHERS,
AUG USTUS F L O Y D ,
BURNZ & CO.
2 4 Clinton PI.
32 FINE STREET, NEW YO R K .
PARIS EXPOSITION,
THE M 08T PERFECT OF PENA
C. D lK J lii
or
5th Floor,
33 W all St.
TH E
A pbil 2, 1892.]
lx
C H R O N IC L E .
SECOND EDITION.
THE
FINANCIAL REVIEW.
1892.
(ANNUAL)
A TEAR BOOK OF FINANCIAL INFORMATION (275 PAGES).
C O N T E N T S .
R e t r o s p e c t o f 1 8 9 1 ....................................... •••........................................................................................................... ••............
C le a r in g s a n d S p e c u l a t io n in ..........................................................................................................••............ .....................
B u s in e s s fa ilu r e s in 1 8 9 1 .............................................................................................. ..........................................................
B a n k i n g a n d F i n a n c i a l .......................................................... ................................................. .......................................•.*■•**
Report of U. S. Secretary of Treasury.............................................................. ...................................................................
Reports of Comptroller of the Currency and o f the United States Mint..................... ................. ..................... .
„
New York City Bank Movements.............................................................................. ••••••....................................................
Great Britain in 1891—Commercial and Financial Review...................................................................................................
T r a d e a n d C o m m e r c e —Commerce of the United States;................ . . . . ' . ................... ...................................................... .
Comparative Prices of Merchandise, 1860, 1879 and 1888—1892................................................. •••..................................
Values of Exports and Imports of the United States and the Trade Balance for 30 years, 1862-1891.....................
Exports of Leading Articles o f Domestic Produce for Four Years.....................................................................................
Imports of Leading Articles of Merchandise for Four Years....... ........................................ ..
...................••••
Values of Imports and Exports of the United States for the calendar years 1890 and 1891...........................................
T h e M o n e y M a r k e t —Review of the Market—Currency and Silver Status................................... .....................................
Prices of Call Loans and Commercial Paper, 1884-1891....... .................... .........................................................................
B o l d a n d S ilv e r —Production of the United States in 1891....... ...................................... .......... • ................... ...................
Product of Gold in Australasian Colonies.......................... ......................................................................... ..........................
World’s Gold Production since 1870... . . . . . . . . . . . .................................................................; . . . . . ...............................
World’s Silver Production since 1870..............................................•••............................................................................... .
F o r e ig n e x c h a n g e —Prices in New York, 1876-1891........................... ................................................................................
In v e s tm e n ts a n d S p e c u l a t i o n . . . . .................J...................... ......................................................... ........................ .
Compound-Interest Table, Showing the Accumulation of Money in a Series of Years. . ‘ .........................................
Table Showing the Rate Per Cent Realized on Stocks Purchased at Different Prices.................. .................. .............
Stock Speculation in New Y ork....................... ............................................. •............................................................. .
U n ite d S ta tes D e b t a n d S e c u r itie s —Debt of the United States, 1793-1891....................................................................
Highest and Lowest Prices of United States Bonds, monthly, 1860-1891.............................................................. .
S ta te S e c u r itie s —Highest and Lowest Quotations of State Securities, 1860-1891.............. ...................................................
R a i l r o a d s a n d T l i e i r S e c u r itie s —Railroad Statistics for the United States............................................ . .................
Railroad Earnings in 1890 and 1891.....'....................................................... •• ................................. . •••...................... .
Highest and Lowest Prices of Railroad Bonds in New York, monthly, for five years, 1887-1891.................................
New York Stock Market, five years, 1887-1891...................•• • .............................. .............................................................
Highest and Lowest Prices of Railroad and Miscellaneous Stocks in New York, monthly, 1887-1891........................ ..
Highest and Lowest Prices of Railroad Bonds in Boston, monthly, in 1891........................................................................
Highest and Lowest Prices of Railroad Stocks in Boston, monthly, in 1891........................................................................
Highest and Lowest Prices of Bonds in Philadelphia, monthly, in 1891...................*................................... - .................
Highest and Lowest Prices of Stocks in Philadelphia, monthly, in 1891.......................... ...................................... ••
Highest and Lowest Prices of Railroad Bonds in Baltimore, monthly, in 1891............................................. .....................
Highest and Lowest Prices of Railroad Stocks in Baltimore, monthly, in 1891...................................................................
R e p o r t s o f T r u s t C o m p a n ie s In N e w Y o r k a n d B r o o k l y n .................................................................................
T h e I n v e s t o r s ’ S u p p l e m e n t ........... ................................... ................... . * ......................... •- .......... ; ............... ...............
Article Showing Dividends for Seven Years on Railroad Stocks in New York, Boston, Philadelphia and Baltimore...
Railroad Stocks and Bonds—Description and Financial Condition of Companies, with Earnings, Maps, & c. . . . . . .
N . Y. & Brooklyn Trust C o m p a n i e s ......................... ................................. . ..............................................................
New York Bank Stock Table.......................... ..
......... ............................................................................................. .
New York Insurance Stock List......... ................................................................................... *** ......................................... •*
City Horse Railroad Stocks and Bonds.................................................................................................. . *........... ........... ••*■
New York and Brooklyn Gas Companies’ Stocks and Bonds....................................... •..................................... ..................
Railroad Gross Earnings by months for Four Years Past on Leading R oads............................................ ........................
Price of the Review, bound in cloth,
To Subscribers of the Chronicle,
WILLIAM
-
-
B. DANA
102 W IL L IA M
NEW
-
& CO.,
STR EET
YORK.
"
-
“
-
Publishers,
"
-
- $2 00
150
THE CHRONICLE,
(fiottati.
(fiottati.
W OODW ARD
& S T IL L M A N ,
Members o f N . Y . Stock and Produce Exchanges.
IN M A N , SW A N N & Co
COTTON MERCHANTS?
YORK.
M ew Y o r k .
COTTON OF ATT, GRADES SUITABLE TO
WANTS OF AMERICAN SPINNERS.
iu k
,
st e r n
A Co.,
.Le h m a n , D ttrr a Co .,
. New Orleans, L a.
‘ Montgomery, A la .;
LEHMAN
T
o Si m i s s i o
^
BROS.,
m e r c h a n ts
,
MERCHANTS,
16 to 6 2 W illia m Street, N ew Y o r k .
COTTOM
STRAU SS A CO.,
Manchester, and at prlndpal Cotton Centres
on the Continent.
STR A U SS
COTTON
& C O .,
MERCHANTS
4 8 BROWN’ S BUILDINGS.
L IV E R P O O L .
Special attention given to correspondence with In
terior Cotton Merchants and Buyers for the pur
chase and sale o f Cotton both on spot and for future
delivery.
Crenshaw & Wisner,
16 A 18 E x c h a n g e P la c e, N ew Y o r k .
C O M M ISSIO N M E R C H A N T S .
Members o f the Cotton, Coffee and Produce Exch’s.
A G E N C Y OF
THE HAXALL CRENSHAW CO.,
RICHM OND, Y A .
Standard Brands o f Flour for Shipment to W arm
.Climates always on hand.
SULPHUR MINES COMPANY
OF V IR G IN IA .
High-Grade Pyrites, free from Arsenic.
Hopkins, Dwight 6c Co.,
COTTON. COTTONSEED
COMMISSION MERCHANTS,
K a o n i Oit. C o tto n E x c h a n g e B u i ld i n g .
N EW YORK
Luolns Hopkins Sm ith.
Samuel Hopkins.
Bliss, Fabyan 6c Co.,
N E W Y O R K , B O STO N , P H IL A D E L P H IA
fob
AND
L e a d in g B r a n d s
and B L E A C H E D
S H IR T IN G
and S H E E T IN G S ,
P R I N T S , D E N I M S , T I C K S , D U C K S , & 0.
T o w e l s , Q u i lt s , W h i t e G o o d s a n d H o s i e r y
DriUs, Sheetings, <tc„ Tor Export Trade.
at the N E W Y O R K PRODUCE E X C H A N G E and
the CHICAGO B O A R D OF T R A D E .
Geo. Copeland 6c Co.,
BRO KERS,
1S4 P R A H L S T R E E T , N E W Y O R K .
HIGH G R A D E I N V E S T M E N T E
Members of New York and Boston Stock Exchangee
Hubbard, Price 6c Co.,
COTTON E X C H A N G E B UILD IN G,
NEW YO R K .
General Commission Merchants.
Members New York Cotton Exchange, New York
Produce Exchange, New York Coffee Exchange,
Chicago Board o f Trade.
Orders executed on any o f the above Exchanges,
also for purchase and sale o f cotton for future de
livery in New Orleans and Liverpool. Liberal ad
vances made on cotton consignments.
P R I C E , R E I D Ac C O .,
N o r fo lk , V a .
P R I C E , R E I D dc A D A M S , L i m i t e d .
C h a r le s to n , S . C .
Execute orders for cotton for foreign and domestlo
shipment.
J. O. B lobs .
The Short Electric Rail-it
way Company.
G eo . h . Ch u b c h , Spedai
J. O. BLOSS & CO .,
COTTON
2 2
MERCHANTS,
W illia m
NEW
Street,
YORK.
W. D. Rountree 6c Co.,
Cearless,Single Reduction
AND
Double Reduction Motors.
SLOW SPEED, MULTIPOLAR RAIL
COMMISSION M ER CH ANTS,
C O T TO N E X C H A N G E B U IL D IN G , N E W
Y O R K , and N O R F O L K , V A .
WAY DYNAMOS.
COTTON, COFFEE, G R A IN , PROVISIONS A N D
STOCKS.
Orders executed in New York, Chicago & Liverpool
LINE APPLIANCES FOR COMPLETE
OVERHEAD CONSTRUCTION.
Geo. H . McFadden 6cBro.
COTTON
M E R C H A N T S,
CLEYELAND,
OHIO.
PH I1« i D E L P H I i i
F R E D R R IO Z E R E G i & CO.
Way land Trask 6c Co.*
B A N K E R S AND B R O K E R S ,
Fifth Avenue Hotel,
M a d iso n Square, N E W Y O R K .
The largest, best-appointed and most liberally
managed hotel in the d ty , with the most central
and delightful location.
HITCHCOCK. D A R L IN G A CO.
Ma s s a s oi t H o u s e ,
S P R IN G F IE L D ,
M ASS.
T H E B EST-A PP O IN TE D H OUSE IN W E S T E R N
N E W EN G LA N D .
Convenient for the tourist or business man. Near
Union Depot.
W . IV . « H A F I R .
Cahoone & Wescott,
Members New York Stock Exchange,
COTTON
MASS.
P R O V IS IO N S
Live rpo o l correspondents,
SO U TH ER N PRODUCE
S e l l in g A g e n t s
BOSTON,
O IL
AND
' Gustavus C. Hopkins.
I .Charles D. Miller.
BANKERS AND BROKERS1
C O F F E E
at the N E W Y O R K COFFEE E X C H A N G E , and
G R A IN
Orders executed on th e abore Exchanges as well
M In NeW Orleans. Chicago and foreign markets.
F, H. Prince 6c C o.,
E X E C U T E ORDERS FO R F U T U R E D E L IV E R Y
at the N E W T O R E , LIV ER PO O L A N D N E W OR
L E A N S COTTON E X C H A N G E S . A lso orders for
New Y ork.
BROWN
COMMISSION
NEW YORK.
MEMBERSÎ.OF THE STOCK, COTTON, COF
FEE AND PRODUCE EXCHANGES,
Dealers In investm ent stocks and bonds.
Personal attention given at the N . Y . Stock Ex
change for the purchase and sale on commission or
stocks and bonds for cash or on margin.
Interest allowed on deposits, subject to draft a t
sight.
Henry Hentz 6c Co.,
No. 40 Exchange Place,
STRAU SS A CO.,
Barannah and
New Orleans.
W . T . Hatch 6c Sons,
14 Nassau Street, New York.
16 TO 22 WILLIAM STREET,
Lh
fin a n c ia l.
Walter T. Hatch,
H enry Prescott Hatch,
Arthur Melvin Hatch ’
M ERCH ANTS
SEW
[VOL. LTV,
18 W A L L S T R E E T .
Government and Investment Bonds.
Stocks and Bonds Bought and Sold on Commission.
18 W a ll Street, N ew Y o r k .
Transact a general banking business, Including
the purchase and sale on commission o f securltie
dealt in at the New York Stock Exchange.
W ay lan d Tra sk ,
A lfred
th xod o rk
n.
Ba l d w i n ,
R a n k in .
Hatch 6c Foote,
7 PINE STREET, NE,W YORK.
IN V E S T M E N T
S E C U R IT IE S
E. D. Shepard 6c Co.,
SUCCESSORS
TO
AUG. T. POST, Banker,
D R E X E L B U I L D I N G , B R O A D S T ., N . V
State, County and City Bonds.
@FedFRASER