The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
HUNT’S
MERCHANTS’
W e e fe ltj
MAGAZINE,
fjiw s p p n ,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OE THE UNITED STATES.
[Entered acoordlng to A ct o f Congress, In the year 1892, b y W m . B. D an a & Co., In the Office o f the Librarian o f Congress, W ashington, D. C .]
N E W Y O K E , A P R IL 23, 1892.
VOL. 54.
IfiiianciaX.
I p im tx tia X .
A M
B an k
Ifiw attJC iaX .
American Exchange Bank.
E R I C A N
N ote C om p a n y ,
78 TO 86 T R IN IT Y PLACE,
SOLID
SILVER.
G O R H A M M ’f ’g Co.,
NEW YORK.
B u sin e ss F o u n d e d 17 95.
Incorporated under Laws o f the State o f New York, 1 85 8.
R e o r g a n iz e d 1 8 79.
E
ngravers a n d
P
r in t e r s
With SPECIAL SAFEGUARDS to PREVENT COUNTERFEITING.
S p ecia l p a pers m a n u fa ctu re d e x clu siv e ly f o r
use o f th e C om p any.
SA FE TY COLORS.
SAFETY P A PE R S.
Work Executed In Fireproof Buildings.
LITHOGRAPHIC AND TYPE PRINTING.
KAIL W AY TICKETS OF IMPROVED STYLES.
Show Cards, Labels, Calendars.
JAMES MACDONOUGH, President.
AUG. D. SHEPARD, ) Vice-Presidents
T0UR0 ROBERTSON, ^v,ce-pre8,tlenWTHEO. H. FREELAND, Sec’y and Treat.
JNO. E. CURRIER, Ass’t Sec’y.
J. K. MYERS. Ass’t Treas.
John L. Williams & Son,
SOUTH ERN
»
O F IN V E S T M E N T S
la rgest w ork o f the kind pu blished by an y B anking house in
A m erica. G ratis to clients <b correspon d en ts; tooth ers, $3 a copy
“ •Most elaborate, handsomest and most useful work treating
upon Southern properties which ever came to notice.” —Boston
H erald.
‘ ‘ Worth its weight in gold.” —N orfolk Landm ark,
“ Recognized as standard authority, and holds a high reputation
both in Europe and United States. ” — W ashington P ost. “ Thf
States, oities, railroads, and other properties o f the South art
described with a clearness and minuteness o f detail o f great vain«
to investors,” —N. T. Journ. o f Commerce. “ A complete financial
and industrial record of the Southern States«”—N. O. Times-Dcm
“ We know o f no other work to oompare with this Manual for the ex
tent and variety o f information it contains.” —M oney, Lon., I i »
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 SITO R S E V E R Y F A C IL IT Y
W H IC 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 .
The National Park Bank
of New York.
AVENU E,
MEMBERS OE THE
N E W Y O R K ST O C K E X C H A N G E .
P H IL A D E L P H IA S T O C K E X C H A N G E
P IT T S B U R G E X C H A N G E (3 Members).
C a p it a l,
$ 2 ,0 0 0 ,0 0 0
S u r p lu s ,
-
$ 2 ,8 0 0 ,0 0 0
Charles T . Wing & Co.,
SU PER IO R COLLECTION F A CILITIE S.
BONDS,
B U Y AND SELL FOREIGN E XC H AN G E.
18
e x t e n s iv e
:
s a fe ty v a u l ts
W ALL
STREET, N EW
YORK.
fo r
T H E C O N V E N IE N C E O F D E P O S
IT O R S A N D IN V E S T O R S .
Frank E. W in g,
Henry A . Glassford.
Edward N. Gibbs, Special.
PftP Entrance only through the Bank. J F 1
Eb enezer K. W right , President.
A r t h u r L b a r y , Vice-President.
Gi o r g i 8. H ick ok , Cashier.
Ed w a r d j . Ba l d w in , Ass’t Cashier.
DIRECTORS.
Arthur Leary,
Charles Scribner,
Edward C. Hoyt,
Eugene Kelly,
Edward B. Poor,
Ebeneser K. Wright,
W. Rockhtll Potts,
Joseph T. Moore,
August Belmont,
Stuyvesant Fish,
Richard Delafleld,
George S. Hart,
Wilson G. Hunt,
Charles Stembaeb,
Francis R. Appleton
William A . Lombard,
150 BROADW AY, NEW Y O R K .
Offers for sale Choice Bonds 'and Mortgages.
A SPECIALTY—NEW YORK CITY & COUNTRY
BANK
STOCKS,
Netting Purchasers 4 to 1 0 P er Cent.
SEND FOR QUOTATIONS.
Four Years’ Growth.
75 OLD BROAD STREET,
Equitable Mortgage Co.
F O U R T H
Co.,
[PITTSBURGH, P A .
Members New York Stock Exchange.
LONDON, E . C.
Henry Sproul &
78
The business o f this Company was established in
1878 and was incorporated in 1881. In 1887 the accu
mulated surplus was distributed and capital increas
ed to $2,000,000, half paid. A r e g u la r d iv id e n d o f
ten p e r ce n t p e r annum b a s been p a id sin ce
th e o r g a n iz a t io n o f the com p an y, and its
respective annual statements have shown capital,
surplus and undivided profits and assets as follows:
C a p ita l.
S u rp lu s.
A ssets.
18S7............$1,000,000
$50,850-52
$2,214,874-87
1888 ........ 1,000,000
115,444-72
4,035,945-52
1889 ........ 1,000,000
237,945-85
7,803,722-02
1890 ........ 1,000,000
396,716-85
11,168,685-04
1891 ........ 2,049,000
830,396-67
14,074,863-58
Send for valuable book about investments.
Walter Del Mar & Co.,
ST. LOU IS, H O .
Capital, . 8 5 0 0 ,0 0 0 1Surplus, - 8 3 0 0 ,0 0 0
PETER NICHOLSON, President.
ALVAH MANSUR, Vice-President.
WALKER HILL, Cashier
We send items d i r e c t to every hanking point in
tins state
AND 9 MAIDEN LANE.
IN V E S T M E N T S ,
R IC H M O N D , VA.
Transact a General Banking Business. Nccotiats
R.R. A Municipal Loans. Correspondence Invited.
Our M A N U A L
Broadway & 19th St.,
of
B O N D S , P O S T A G E * REVENUE S T A M P S ,
LE G A L T E N D E R AN D N A T IO N A L B A N K
NO TE S o f th e UNITED "STATES; an d fo r
F o re ig n G o v e r n m e n ts .
ENGRAVING AND PRINTING,
SANE NOTES, SHARE CERTIFICATES, BONDS
FOR GOVERNMENTS AND CORPORATIONS,
DRAFTS, CHECKS, BILLS OF EXCHANGE,
STAMPS, Ae., in the finest and most artistic style
FROM STEEL PLATES,
BANKERS,
AND DEALERS IN
NO. 1,400.
2 0 8 Broadway« New Y ork.
1 1 7 Devonshire St.,
4th & Chestnut Sts ,
R OSTOV.
P H IL A D E L P H IA .
G. R. Voss,
Commercial Paper,
Bonds, Stocks and Investment Securities.
608 FIRST NATIONAL BANK BUILDING,
Omaha, Nebraska.
W . T . IR W IN .
F R A N K ELLIS.
P. H . BALLM AN N
Irwin, Ellis & Ballmann,
SUCCESSORS TO
Morehead, Irwin & Co.,
Stock, Bond and Note Brokers,
NO.
51
W EST
T H IR D
STREET,
C IN C IN N A T I, O H IO .
INVESTMENT BONDS A SPECIALTY.
Roiston & Bass,
STOCKS, BONDS AND MISCELLANEOUS!!
SECURITIES.
W. H. ROLSTON,
2 0 Broad Street,
W. ALEX. BASS, Jr.
NEW Y O R K .
Members N. Y. Stock Ex.
EDWIN S. HOOLBY.
P. O. Box 3.010
W. H. Goadby & Co.,
B A N K E R S AND B R O K E R S ,
NO. 2 4 BROAD
STREET.
New Y o r k .
A . J. Weil & Co.,
IN VESTM EN T SECURITIES,
36 W a ll St., New York and St. Louis.
TH E
Il
CHRONICLE
rVOL.
©anadian Banks.
JSatxkeus and gvatuers of ^oxtiQn fgsctom gs
Bank of Montreal,
Drexel, Morgan 6c Co.,
[ESTABLISHED 1818.)
B A R IN G , MAGOUN & CO.,
1 5 WALL ST., NEW YORK,
WALL STREET, CORNER OF BROAD,
[N E W Y O R K .
SUCCESSORS TO
D r e x e l,H a ije s & Co.
KIDDER, PEABODY & CO., NEW YORK,
Oor. of 6th 4Chestnut Sts 31 Boulevard Haussmann
P A R IS .
P H IL A D E L P H IA
Buy and Sell Exchange
on principal European cities.
Issue Commercial and Travelers’ Credits
available In all parts of the world.
DOMESTIC A N D FOREION BANKERS.
Deposits received subject to Draft. Securities
boug$LtBand sold on commission. Interest »Lowed
an Deposits Foreign Exchange, Commercial CredIts, CaEte Transfers, Circular Letter* for Travelers, available in all parts o f the world.
Agents and Attorneys of
BARING BROTHERS & CO., Limited,
LONDON.
WIDDER, PEABODY & CO., BOSTON.
* Drexel & Co.,
Choice Investment Securities,
ATTORNEYS AND AGENTS OT
Itteesre. J . S. M O R G A N & C O ,,
Ro. 22 OLD BROAD STREET, LONDON.
C A P IT A L Paid In - * $ 1 2 ,0 0 0 ,0 0 0 Gold
SO,0 0 0 ,0 0 0 Gold
SU R P LU S - - Hon. Sir DONALD A. SMITH, President.
E. S. CLOUSTON, General Manager.
N E W TORE OFFICE:
N o s. 59 a n d 61 W A L L S T R E E T .
WALTER WATSON, l
A l e x ’r L a n g ,
) Agents.
Bay and sell Sterling ana Continental Exchange
a d Cable Transfers; grant Commercial and Travel
ers’ Credits available in any part of the World
issue drafts on, and make collections in, Chicago
,d throughout the Dominion of Canada.
Brown Brothers & Co., August Belmont 6c Co.,
PHILA.
NEW YORK,
BOSTON.
5 9 W a ll St
A LEX. BROWN & SONS, BALTIMORE.
Liv.
L o n d o n Office* N o . 2 2 A b c k u r c k L a n e .
BANKERS,
No. 2 3 NA SSA U S T R E E T .
AGENTS AND CORRESPONDENTS OP T U
CONNECTED B Y P R IV A T E W IR E .
M essrs. R O T H S C H IL D ,
Members N. Y.. Phila. and Baltimore stock Exch’s
London, Paris, Frankfort and Vienna.
Investment Securities for
Issue Circular Credits for travelers available in
customers.
Receive ac
all parts of the world.
counts o f Banks, Bankers, _
, .
ALSO COMMERCIAL CREDITS.
S iv ffu a T n8i n lr^ v o r a ib ^
Draw BUls of Exchange and make Cable Transfers
terms. Collect drafts drawn
to Europe, West Indies, Mexico and California.
abroad on all points In the United States and Cana Execute orders for the purchase and sale of Invest
da, and drafts drawn in the United States on for ment Securities.
eign countries.
t
Bny and sell Bills o f Exchange
b
and make cable transfers on
o f
all points. Issue Commercial
SUCCESSORS TO
—,
j .
and Travelers’ Credits available
JE SU P , P A T O Y & CO.,
V > r e d it.
in all parts o f the world.
Canadian Bank o f Commerce
BROWN, SHIPLEY & CO., LONDON
Henry Hague and John B. H a m s, Jr.,
0
Investment
SeCUHtieS.
Capital and Surplus.................... $ 6 ,9 0 0 ,0 0 0
ALEX, LAIRD and WM. GRAY
AGENTS,
16 E X C H A N G E PLACE , N E W Y O R K .
BUY AND ftRT.T- STERLING EXCHANGE, CABLE
TRANSFERS, ETC.
Issue Commercial Credits available In all
parts of the w orld.
Canadian Currency bought.
Drafts drawn on and Collections made at all
points In Canada.
John Paton & Co.,
Merchants’ Bank of Canada
Capital Stock Paid Up................$ 5 ,7 9 9 ,2 0 0
(¿©serve Fund................................$ 2 ,5 1 0 ,0 0 0
5 2 'W il l ia m S tree t, N e w Y o r k ,
Accounts and Agency of Banks, Corporations
George Coppell,
Thomas Maitland firms and individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Gerald L. H oyt, Member o f N. V. Stock Ex
Act as agents for corporations in paying coupons
and dividends; also as transfer agents.
Bonds, Stocks and Securities bought and sold on
commission at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and
sold.
22 AND 24 E XC H AN G E PLAC E,
DRAW ON
THE UNION BANK OF LONDON,
MEW Y O R K .
BRITISH LINEN CO. BANK LONDON AND
SCOTLAND.
Orders executed for all Investment Securities
A ct as agents o f Corporations, and negotiate and
issue Loans.
Maitland, Phelps 6c Co.
J. & W. Seligman 6cCo.,
BILLS OF EXCHANGE
TELEGRAPHIC
TRANSFERS
LETTERS OF
CREDIT
f Messrs. Smith, Payne
& Smiths, London
Messrs. Mallet Freres
& Cle, Paris;
• ON
Banco Naoional de
Mexico, Mexico, and
[ its Branohes.
AGENTS FOR THE BANK OF AUSTRALASIA,
J. Kennedy Tod 6c Co.
BANKERS,
NO. 2 3 B R O A D S T R E E T ,
N ew Y o rk .
Issue Letters of Credit for Travelers
On SELIGMAN BROTHERS, London.
SELIGMAN FRERES & CIE« Paris.
SELIGMAN & STETTHEIMER, Frankfurt.
ALSBERG, GOLDBERG & CO., Amsterdam.
ALTMAN & STETTHEIMER, Berlin.
Payable In any part o f Europe, Asia, Africa, Aus
tralia and America.
Draw Bills of Exchange and make Telegraphic
Transfers of Money on Europe and California.
BANKERS,
Knauth, Nachod & Kuhne
NO. 45 WALL STREET, NEW YORK.
BANKERS,
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
markets.
,
Transfer of Stock and Bonds. Payment and col
lection of Dividends, Coupons and Interest War
rants. Foreign Exchange and Cable Transfers on
London and Paris.
______ ______
John
M unroe
6c
C o .,
N o . 3 2 N a s s a u S tr e e t, N e w Y o r k .
5 South W illiam
Street, New York
L E T T E R S OF C R E D IT
available everywhere.
DRAFTS
en a ll parts ol the world.
TR AN SFERS
by m ail and telegraph.
Kessler 6c Co.,
BANKERS
54 W A L L STREET, NEW Y O R K
Buy and Sell B ills of Exchange and
N o . 4 P o s t Office S q u a r e , B o s t o n .
Cable Transfers on all the Prin
Issue Circular Letters o f Credit for Travelers’ Use
cipal European Cities.
Abroad against Cash or Satisfactory
Guaranty o f Re-payment
E x c h a n g e o n L o n d o n , P a r is , B e r l in ,
Z u r ic h a n d S t. G a ll.
C R E D IT S O PE N JEDA N D P A Y M E N T S M A D E B Y C A B LE
ISSUE COMMERCIAL AND TRAVELLERS
CREDITS, BUY AND SELL RAILROAD
STOCKS, BONDS AND INVESTMENT SE
CURITIES. ACT AS FINANCIAL
AGENTS FOR CORPORATIONS.
P a r is H o u s e —M U N R O E & CO.
Schulz 6c Ruckgaber,
BANKERS,
I » » "W I L L I A M S T R E E T , N E W Y O R K ,
Correspondents o f the
International Bank o f Louden (Limited),
Job. Berenberg, G essler <fc Co., Ham burg
Bremen Bank, Bremen.
M arcuard, K ra n ss de Co., Paris.
Commercial and Travelers’ Credits.
Bill* o f Exchange.
“— Cable Transfer*.
«1
W ALL
AGENTS,
STREET. NEW
YORK.
3UY AND SELL STERLING EXCHANGE, CABLB
TRANSFERS, &C
Issue Commercial Credits, A vallab lo In
a ll Parts of the W orld .
Imperial Bank of Canada.
C A P IT A L (paid up)
S U R P L U S ...............................
9 5 0 ,0 0 0
H. 8. HOWLAND, Pres’t. T. R. MERRITT, V.-P.
D. R. WILKIE. Cashier.
H E AD OFFICE, TORONTOB r a n c h e s i n O n t a r i o . - E s s o x , Fergus, Galt,
Ingersoll, Niagara Falls, Port Colborne, St. Cath
arines, St. Thomas, Sault Ste Marie, Welland,
Woodstock, Rat Portage.
._
. _____
T oronto .—W ellington Street, Yonge and Queen
Sts.s Yonce and Bloor Sts.
BRA N CH ES IN Nobthwbst —W innipeg, Brandon,
Calgary, Portage la Prairie, Prince Albert, Edmon011Agents in London:
I Agents In New York,
Lloyd’s Bank, limited. I B a n k o r M o n t r e a l .
Collections promptly made in any part o f Canada.
D r a w e r s o t S te r lin g E x c h a n g e .
AGENCY OF THE
B
a
n
k
OF
B r it is h N o r t h A m e r ic a ,
No. 52 W A L L S T R E E T .
Buy and sell Sterling Exchange and Cable Trans
fers Issue demand drafts on Scotland and Ireland
also" on Canada, British Columbia and San Fran*
^ C IR C U L A R NOTES Issued In Pounds Ster
ling. available in all parts of the world. COM M ER C 1A L C R E D IT S ISSUED for use to
Europe, China, Japan, East and West Indies and the
BM lsS’wir^ctedaamd other banking business transg ' f f i S & D . 1 * » “ »•
Hong Kong 6c Shanghai
R A N K IN G
C O R P O R A T IO N .
Paid-up Capital.................................... $1« ® o o o 00
Reserve Fund...... ........................... •••• -.S’SfJn’naA no
Reserve Liability of Proprietors........ 10,000,000 00
The Corporation grant Drafts, issue Letters of
Credit for use of travelers, and negotiate or collect
Bills payable at Bombay, Calcutta. Singapore,
Saigon, Manila, Hong Kong, Foochow, Amoy,
Ningpo, Shanghai, Hankow, Yokohama, Hiogo,
San Francisco and London.
A . Itt. T O W N S E N D , A g e n t , 5 0 W a l l S t.
Kountze Brothers,
The Bank of Australasia.
BANKERS,
120 BROADWAY. Equitable Building, NEW YORK
L E TT E R S OF C R E D IT AND C IR C U L A R
NOTES
Issued for the use of travelers in all parts of the
world. Bills drawn on the Union 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
allowed on balances. Government and other bonds
and investment securities bought and sold on com
mission.
(Incorporated by Royal Charter, 1835.)
No. 4 Tbreadneedle Street, London.
Paid-up Capital, £1,600,000; Reserve Fund, £800,100; Reserve Liability of Proprietors under the
jharter, £1,600,000.
- ..
Letters of Credit and Drafts Issued on any of the
aumeious branches of the Bank throughout Aus
tralia and New Zealand. Bills negotiated or sent
for collection. Telegraphlo transfers made.
Deposits received in London at interest for fixed
oerioda, on terms which m aybe ascertained on appUcation.
PBIDHAUX SELBY. Secretary.
THE
A pril 23, 1812,]
ill
CHRONICLE
'gttXtiQtl.
B a n k s .
f i n a n c i a l .
THE NEW YORK
M E W EN GLAN D.
The Union Discount Co.
Produce Exchange Bank,
of London, Limit’d.
Transacts a general banking business.
FO O TE & F R E N C H ,
Receives accounts o f banks, bankers and corpora
89 Cornhill, London, April 7, 1892.
'Capital Subscribed..................... J (i,3 0 3 )0 o 0
r a id up............................................. 3 ,1 5 3 .5 0 0
Reserve F u n d ......................, ........
9 7 0 ,0 0 0
84 8 5 - £ l .
NOTICE! IS HEREBY GIVEN that the RATES
o f INTEREST allowed for money on deposit are as
follow s:
A T C A L L , % P E R CEN T.
A T 3 to 7 D A Y S ’ NOTICE, 1 P E R CENT.
The Company discounts approved bank and mer
cantile acceptances, receives money on deposit at
rates advertised from time to time in the London
Paris and Berlin papers, and grants loans on ap
proved negotiable securities.
C H R IS T O P H E R R . NUGE NT, M anager.
Blake, Boissevain & Co.,
L O \»O V , E S G L A m
Negotiate Railway, State and City loans.
Execute orders for bonds, Shares, etc., on Com
mission and transact a general Banking an
Commission Business.
Special attention given * to the execution o f
orders for Securities on the New York, London and Amsterdam Exchanges, in corres
pondence with
BLAKE
BROTHERS
&
CO.
5 N a s s a u S tree t, N e w Y o r k ,
3 8 S tate S treet. B o s t o n , M a s s .,
tions upon favorable terms.
Issues certificates o f deposit bearing interest.
Solicits mercantile and personal accounts.
Bills o f exchange drawn on, and cable transfert
made through, THE CITY BANK, Limited
LONDON.
Circular letters of credit issued for travelers’ us#
in foreign countries ; also commercial credits.
Accounts o f foreign bankers received and col
lections in the United States made on favorable
terms. Agents in New York of the
BANCO NACIONAL DB CHILE.
Bank of Buffalo,
B U F F A L O , N. Y .
8. 8. J hwb'FT, Pres’t.
W m. 0. Cornwell , Cash’ i
Capital......8 3 0 0 ,0 0 0 I Surplus...... 8 3 3 5 .0 0 0
This Bank has superior facilities for making Col
lections in and out of the city on the most libera
terms, and with careful attention to the best inter
ests of its correspondents.
Correspondents ¡—Importers’ & Traders’ Na
tional Bank and Chemical National Bank, New
York Merchants’ Loan A Trust Co., Chioago; Union
Bank o f London, London
N E W OBLEANS, LA .
C apital...8 1 ,0 0 0 ,0 0 0 I S u rp lu s....8 4 7 5 .0 0 0
J. C. MORRIS, Pres.
EDWARD TOBY. Cash.
Correspondents —Nat. City Bank, Nat. Bank ol
Commerce, New York. Boatmen’s Bank, St. Louis.
N. W. Nat Bank, Chicago. Merchants’ Nat. Boston
A D O L P H B O ISSEVAIN A CO.
SWISS UNION BAN K ,
A m s t e r d a m . H o ll a n d .
Schweizerische Union Bank.
The Railway Share Trust
& Agency Company,
S T . G A L L E , ( S w itz e r la n d ).
Capital Paid Up
1 3 ,0 0 0 ,0 0 0 Franc«,
Solicit Accounts and Agencies of Banks anl
Bankers.
INTEREST ALLOWED ON DEPOSITS.
CABLE TRAN8FER8. 1.ETTERS OF CREDIT
LIMITED,
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 for approved Railways
or other Corporations in payment o f Interest, Divi
dends, Registration o f Stock, and generally, and also
as Trustee for Debenture holders.
CABLE ADDRESS, PAYY, LONDON.
Heinemann & Co.,
MERCHANTS’ NATIONAL BANK,
R IC H M O N D , V IB G IN IA .
Collections made on all Southern points on best
terms; prompt returns.
JOHN P. BRANCH. President.
Jo h n F. Glenn , Cash’r. Fred . R. Scott. Vice-Pres
B A N K E R S
ANB
B R O K E R S ,
R IC H M O N D , V IR G IN IA .
LONDON.
LONDON, E . C.
Act as Agents for American Banks and Financla
Companies. Collect Foreign Exchange and execute
orders on commission on the London Market.
INTEREST ON DEPOSITS. CABLE TRANSFERS.
Dennistoun, Cross & C o.,
2 Princes Street, London, E. C.,
Execute orders for the purchase and sale ol
Bonds, Stocks, Ac., on the Stock Exchange; receive
accounts and Agencies of 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
Agents and Attornevs.
MOSLE BROTHERS,
5 3 E X C H A N G E P L AC E , N E W Y O R K .
BONDS
M ass«
bought and
RAILROAD BONDS of conservative
issues constantly on hand.
COMMISSION ORDERS executed in
bonds and stocks.
FOREIGN
sold.
EXCHANGE
J JSHUA WlLBOUR.
bought
and
BENJAMIN A. JACKSON
Wilbour, Jackson & Co.,
N o.
BANKERS AND BROKERS,
53 W E Y B O S S E T S T R E E T ,
Dealers in Commercial Paper, Governments and
other first-class Bonds and Securities and Foreign
Exchange.
Private telegraph wire to New York and Boston.
Sheldon & Binney,
BANK ER S,
28 Westminster St., Providence, R. I.
Transact a General Banking Business. Dealers in
Stocks, Bonds and Local Securities.
PRIVATE TELEGRAPH WIRES TO NEW YORK
AND BOSTON.
Ch ar les H. Sheldon , Jr .
W illiam B in n e y , Jr
Noyes & Bridge.
IN V E STM E N T
BROKERS,
BOSTON ST O C K E X C H A N G E BUI l.O IN G ,
3 3 S T A T E S T R E E T , BOSTON.
Dealers in High Grade Investments.
6
and 7 per cent First M ort. Gold Bonds.
Information furnished and first-class corporation
securities sold on commission.
P E VNSYLVANIA,
Sa m u e l R e a .
Rea Bros. & Co.,
Davenport & Co.,
Correspondence solicited and information fur
nished about Southern State, Municipal and Rail
road Investment Securities.
New York Reference—CHAS. M. FRY, Esq., Presi
dent Bank o f New York, N. B. A.
5 3 N e w B ro a d . S tree t,
GOVERNMENT
sold.
B o sto n ,
T homas B. Re a .
ESTABLISHED, 1860.
Pierce, Wright & Co.,
S tree t,
SO U TH E R N .
,62 Gresham House, E. C.,
«licit accounts and agencies o f Banks,IRailway*
Corporations, Firms and Individuals upon
favorable terms; also orders for the pur
chase and sale of Bonds, Shares, Ac., Ac.
on the Stock Exchange.
Interest allowed on Deposits, subject to 60-daya
sight drafts, at Bank o f England rate, and
one per cent below that rate subject to de
mand drafts.
Negotiate Railway, State and City Loans.
C o n g re ss
P R O V ID E N C E , R . I .
New Orleans Canal &
Banking Company,
AND
4 Bank Buildings, London, England,
BANKERS,
48
115
F o u r th
A v e n u e , P it t s b u r g ,
P a.
STOCKS AND BONDS.
MEMBERS OF THE
N ew ^Y ork , Philadelphia and
Stock Exchanges.
Pittsburg
LOCAL SECURITIES A SPECIALTY.
C. W. Branch & Co.,
N. Holmes & Sons,
BANKERS AND BROKERS,
BANKERS,
Sta t e
bank
B u ild in g ,
R I C H M O N D , [VA.
Private wires connecting with Washington, Balti
more, Philadelphia, New York, Boston and Chicago.
New York Correspondents : Messrs. Moore &
Schley and Prince & Whitely
H.
J. YON HEMERT.
G. L. BOISSEVAIN.
von Hemert & Co.,
BOND
A N B STOCK B R O K E R S ,
R O AN O K E, VA.
SOUTHER N INVESTM ENT S E C U R IT IE S
A SPECIALTY
W il l ia m W ilson & Sons, Established 1802.
W ilson , Colston & Co.,
“
1867.
Wilson, Colston & Co.,
Members of Baltimore Stock Exchange.
BAN KERS,
3 1 6 E ast Baltimore Street. Baltim ore.
Investment and Miscellaneous Securities a sped
alty, and whole issues handled.
Exceptional facilities for dealings in all classes of
Southern Bonds. Loans on Collateral Securities
P IT T S B U R G , PENN.
CORRESPONDENTS:
Bank of New York, N. B. A.
Tartar First, National Bank of Philadelphia^
P IT T S B U R G ,
PA.
ESTABLISHED 1871.
Whitney & Stephenson,
BANKERS AND 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.,
BANKERS AND BROKERS
No. 139 South F ourth St.,
P H IL A D E L P H IA .
Transact a general banking business. Allow
lite.'est on deposits.
Members of the Philadelphia and New York
Stock Exchanges, and connected by private .wire
with New York.
TJHEKCHRONICLE.
i?
Voi*, LIV.
S ä n k e t * a n d ftx o U tx » i n H jtxo ^ o x U Œ ii®.
NEW
Taintor & Holt,
B oody , M cLELLAN & Co
ST Broadw ay, opposite Exchange Place.
P. O. BOX 447.
N o .'ll Wall Street, Cor. New, New York.
Investment Securities
TRANSACT A GENERAL BANKING AND STOCK
EXCHANGE BUSINESS.
TRUST CO’S STOCKS.
Specialties for Twenty Years.
A specialty, Including Water Bonds, Car Trust
Private telegraph wires to Providence and Boston
Bondi and first-class Bailway Bonds.
Particulars furnished on application.
G. E. TAINTOR. G. D. L ’HUILIER. G. H. HOLT.
Dated A. boodt ,
C. W. mc L ellan ,
H enry T. B oodt .
Samuel D. Davis & Co.,
Haven & Stout,
AND
BROKERS,
2 E xchange C o u rt, N. Y .
BANKERS
AND DEALERS IN INVESTMENT SECURITIES
Mo. 44 W A L L ST ., NiJEW Y O R K .
the Consolidated Stock and Petroleum
SAMUEL D. DAVIS,
CHAS. B. VAN NOSTRANO ,
Exchange.
Member N. Y. Stock Exchange
and Sell R ailroad Stocks and Bonds
at l -1 6 t h per cent Commission.
Emerson
ISSUE DAILY MARKET LETTER.
& Turnbull,
BANKERS AND BROKERS
80 BROADW AY.
Henry S. Redmond,
8
Member N. Y. Stock Exhcange ,
W A L L STREET, N EW Y O R K .
BONDS.
W. K. B. Emerson,
R a m s a y T urnbull
Member N. Y. Stock Exchange.
Simon Borg & Co.,
B O N D S .
Carefully compiled list of choice Investment Bonds
urnished upon application.
Fred H. Smith,
N o . 2 0 N A S S A U S T ., N E W Y O R K ,
DEALERS IN AT.T. KINDS OP
Railroad
No. 20 Broad Street, New York.
IN VESTM EN T S E C U R IT IE S .
M A R G IN ACCOUNTS SO L IC IT E D .
1 .1 6 P er Cent Commission.
INTEREST ALLOWED ON BALANCES.
Correspondence Invited.
ESTABLISHED SINCE 1868.
B r o w n ’s
Sons,
Members New York Stock Exchange,
STOCK B R O K E R S ,
64 BROADWAY, NEW YORK.
8tockg and bonds bought and sold on commission
in small or large lots. Accounts solicited. Infor
mation promptly given.
Fahnestock & Co.,
B A N K E R S AND B R O K E R S ,
2 W a ll Street, N ew Y o rk .
Robertson & James,
BOYD &
STOCK. B R O K E R S ,
Dealers in Investment Securities,
No. 7 NASSAU STREET,
(Continental National Bank Building,)
_____________
N ew Y ork .
Investment
Securities
Emerson MoMillin .
Henry b . W ilson .
Emerson McMillin & Oo.
30 B R O A D S T R E E T , N. Y .,
John H. Davis & Co.,
BANKERS AND BROKERS,
BANKERS,
18
W ALL
STREET,
NEW
YORK.
Established 1 8 6 5 .
H enry g . Campbell, } Members N. Y. Stock MEMBERS OF NEW YORK STOCK EXCHANGE
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
H. G. Campbell & Co.,
Investment B on ds and Stocks,
16 BROAD STREET, NEW Y O R K .
B ussell
marquand
Jam es
Member N. Y Stock Exchange.
b
Sk e h a n .
YORK.
Wood, Huestis & Co.*
81 Pine Street, New York City.
C O M M IS S IO N
BROKERS,
AND DEALERS IN
IN V E S T M E N T S E C U R IT IE S .
C. H. HUESTIS
(Member N. Y. Stock Exchange)L.
M. SWAN,
E. H. LADD, JR.,
General Partners.
C. D. WOOD, Special Partner.
R. A . Lancaster & Co.,
BANKERS,
Mo. 10 W A L L S T R E B T ,
M EW Y O R K .
DEALERS IN
INVESTMENT and MISCELLANEOUS
SECURITIES.
Southern Securities a Specialty*
WM. M. HARRIMAN, Member N. Y. Stock Exchange
NICHOLAS FISH.
OLIVER HARRIMAN. Jr ,
Harriman & Co.,
No. 120 B R O A D W A Y , N E W Y O R K ,
EQUITABLE BUILDING,
a Specialty.
T. s. Y oung , Jr .,
W. s. Nelsok
Member N. Y. Stock Exchange.
NO. 62 C E D A R S T R E E T .
B A N K E R S AND B R O K E R S ,
NEW
BANKERS AND BROKERS.
B A N K E R S AND B R O K E R S
In addition to a General Banking Business, Buy
and tell Government Bonds and Investment Se Stocks and Bonds Bought and Sold on
curities.
Commission.
INTEREST ALLOWED ON DEPOSITS.
Marquand & Skehan,
BROADW AY,
TRANSACT A GENERAL BANKING AND STOCK
EXCHANGE BUSINESS.
Robert Goodbody & Co.,
B A N K E R S AND B R O K E R S ,
9 New Street and 7 4 Broadw ay,
NEW YORK
96
Young & Nelson,
BANKERS,
N o . 1 0 W A L L S T ., N E W Y O R K .
Orders for Stocks and Bonds executed at all Ex
hangea
Especial attention given to supplying hlgh-clau
IN V E S T M E N T S E C U R IT IE S .
W I L L I A M C. N O Y E S
46 W a ll Street, Mew Y o rk .
4 0 W A L L STR EE T, N E W Y O R K .
Supply selected investment bonds for cash or In
Negotiations Conducted for Purchase and Sale of
exchange for marketable securities.
Execute commission orders for Investors at the Gas, Electric, W ate r, Street R a ilw a y , Coal,
Stock Exchange or in the open market.
Iron and Industrial Properties.
Furnish information respecting bonds
Securities negotiated only upon personal examlnation o f property,________________________________
R obert Goodbody . A. L. L ee . G. B. W atts , Jr
Gilman Son & Co.,
D ealt In by
and Investment Securities,
Southern Securities a Spec ialty
STOCKS, BONDS AND PETROLEUM.
St e w a r t
BROOKLYN
FINANCIAL
BANKERS
BANKERS,
BANKERS
Y O R K . AND
Investment Securities.
A. M. Kid d er ,
H. J. Morse
Ch a s . D. Ma r t in .
W. M. K idder .
Metropolitan Traction
Stock,
Controlling the
BROADW AY
CABLE
ROAD
and the principal cross-town horse car lines,
BO U G H T AND SOLD B Y
Dick Brothers & Lawrence,
3 0 B r o id Street, New Y o r k .
R. J. Kimball & Co.,
(Established in 1866.)
BANKERS AND BROKERS,
1 6 a n d 1 8 B r o a d S tr e e t, N e w Y o r k »
Members of the New York Stock Exchange and of
the Philadelphia Stock Exchange.
Robert J. Kimball. A lfred B.L ounsberry.
Parkinson & Burr,
B A N K E R S AND B R O K E R S ,
5 6 B R O A D W A Y , N. Y .
BOSTON O FFICE , 5 3 S T A T E S T .
Members of the New York and Boston Stock Ex
changes. Private wire between the two offices.
Information given in regard to all Boston secnrl
ties, and quotations furnished
La Montagne, Clarke & Co.,
BANKERS AND BROKERS,
4 4 and 4 6 Broadw ay, New Y ork .
E. LA Montagne, Jr ., Member N. Y. Stock Excb
H erman Clarke .
W allace B. Smith.
Private wires to Philadelphia, Pittsburg, Scran*
ton, Reading, Wllkesbarre Lancaster and Bethle*
hem. Private wire to Chicago.
Howard Lapsley & Co.,
B A N KERS A N D B R O K E R S,
No. 1 Exchange Court,
NEW YORK.
Private W ire s to Boston and Philadelphia*
H L Nicholas,
J. S. Nicholas
W. C. Taylor ,
M. Mayer .
Members N. Y. Stock Exchange.
H. I. Nicholas & C o.,
B A N K E R S AND
INVESTMENT
BROKERS.
SECURITIES A SPECIALITY
11 W all Street, New York.
A p .<i l 23
1882-1
TH E
CH RONICLE
S im s t
Union Trust Company
OF N E W Y O R K ,
80 Broadway, New York.
C A P IT A L
. . . . .
$ 1 ,0 0 0 ,0 0 0
SURPLU S- $ 4 ,0 0 2 ,5 1 8 9 2
Authorized to act as Executor, Administrator,
“Guardian, Receiver or Trustee, and is
A LEGAL DEPOSITORY FOR MONEY.
Acts as Trustee o f mortgages o f corporations, and
'accepts the transfer agency and registry o f stocks.
Allows interest on deposits, which may be made at
any time, and withdrawn on five days’ notice, with
Interest for the whole time they remain with the
company.
For the convenience o f depositors this company
also opens current accounts subject, in accordance
with its rules, to check at sight, and allows interest
upon the resulting daily balances. Such checks pass
throagh the Clearing House.
Attends specially to the MANAGEMENT OF
REAL ESTATE and to the collection and remit•a ice o f rents.
It makes ample provision in its
NEW BURGLAR AND FIRE PROOF VAULTS
for the safe keeping o f securities placed in its cus
“tody, on which it collects and remits incomej
„
TRUSTEES.
Wm. Whitewright,
H. Van Rennsl’r Kennedy
H enryA . Kent,
James H. Ogilvie,
R. T. Wilson,
James T. Woodward,
Wm. F. Russell,
George A. Jarvis,
C. D. Wood,
C. Vanderbilt,
-James N. Piatt,
A. A. Low,
D. C. Hays,
G. G. Williams
Wm. Alex. Duer,
R. G. Remsen,
Charles H. Leland,
Edward Schell,
Edward King,
Amasa J. Parker,
E. B. Wesley,
Samuel F. Barger
® . H. McAlpin,
Geo. C. Magoun,
George B. Carhart,
W. Emlen Roosevelt!
Chauncy M. Depew.
EXECUTIVE COMMITTEE.
•Wm. Whitewright,
G. G. Williams,
Edward Schell,
E. B. Wesley,
Geo. C. Magoun,
C. D. Wood,
D. C. Hays,
James T. Woodward,
EDWARD KING. President.
CORNELIUS D. WOOD,) V1„
JAMES H. OGILVIE,
{ Vice-Presidents.
AUGUSTUS W. KELLEY, Secretary.
________J. V. B. THAYER. Assistant Secretary.
v
C C o m p a tiifB .
O LD C O L O N Y
United States Trust Co,
OP NEW YORK,
T R U S T C O M P A N Y.
4 5 and 47 Wall Street.
BO STO N , HASS.
C A P I T A ^ AND SURPLUS«, - $ 9 ,7 5 0 ,0 0 0
This company is a legal depository for moneys
paid into court, and is authorized to act as guardian
or trustee.
.
.
.
INTEREST ALLOWED ON DEPOSITS,
may be made at any time and withdrawn after
Transacts a General Banking Business Which
five days’ notice, and will be entitled to interest for
AL L O W S INTEREST ON D A I L Y BALAN CES SUBJECT the whole timethey may remain with the company.
Executors, administrators or trustees of estates,
TO CHECK.
and women unaccustomed to the transaction o f
TRUSTEE U N D ER MORTGAGES. T R A N SFE R AGEN’“ business, as well as religious and benevolent institu
tions, will find this company a convenient depository
R E G IST R A R .
for money.
“JOHN A. STEWART, President.
BOARD OF DIRECTORS.
GEORGE BLISS, Vice-President.
JAMES 8. CLARK, Second Vice-Prest.
T. Jefferson Coolidge, Jr.^President^
HENRY 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,
Wilson G. Hunt, Jno. H. Rhoades, Chas. S. Smith,
Henry S. Howe,
Walter Hunnewell,
Daniel D. Lord, Anson P. Stokes, Wm.Rockefeller,
William P. Mason
George Von L. Meyer
Samuel Sloan,
Geo.H. Warren, Alex. E. Orr,
Laurence Minot,
Richard Olney'
James Low,
Wm.H. Macy,Jr„
George Bliss,
Henry R. Reed,
Lucius M. Sargent,
Wm. W. Phelps, Wm. Libbey,
Wm. D. Sloane
Nathaniel Thayer
John I. WaterburyJ
D. Willis James, John C. Brown, G. H. Schwab,
Stephen M. Weld,
Henry C. Weston
John A. Stewart, Edward Cooper, Frank Lyman,
T. JEFFERSON COOLIDGE, JR .,
Erastus Corning, W. B’y’d Cutting...Geo. F. vietor.
Wm. Waldorf Astor.
President.
C. S TUCKERMAN,
Secretary
C a p ita l
S u r p lu s ,
.
.
.
$ 1 ,0 0 0 ,0 0 0 0 0
5 0 0 ,0 0 0 0 0
New York Guaranty &
Indemnity Co.,
59 CED AR S T R E E T , N E W Y O R K ,
M u t u a l L ife B u il d in g .
C A P IT A L ,
SU R PLU S, -
-
-
$2,000,000
$500,000
TRANSACTS A GENERAL BANKING AND
TRUST COMPANY BUSINESS, AND SOLICITS
THE ACCOUNTS OF CORPORATIONS, FIRMS
AND INDIVIDUALS.
INTEREST ALLOWED ON DEPOSITS.
8 3 4 F IF T H A T E ., COR . 3 7 T H S T R E E T .
E D W IN P A C K A R D . President.
Branch office, 18 Wall St. and 8 Nassau St.
-ADRIAN ISE L IN , J r ., Vice-President.
C A P IT A L AND SU R P LU S, - $ 1 ,0 0 0 ,0 0 0
GEO. R . T U R N B U L L , 2d Vice-President.
DESIGNATED LEGAL DEPOSITORY.
r Acts as Executor or Administrator o f Estates and H E N R Y A . M U R R A Y , T reas. and Sec.
« s Guardian, Receiver, Registrar, Transfer and J . NELSON B O R L A N D , A ssist. Secretary
Financial Agent for States, Cities, Towns, Railroads
and other corporations.
DIRECTORS.
JOHN P. TOWNSEND, President.
Samuel D. Babcock,
James N. Jarvie,
CHARLES T. BARNEY. Vice-President.
Frederic Cromwell,
Augustus D. Juilliard,
JOSEPH T. BROWN, 2d Vice-President. Josiah M. Fiske,
Bichard A. McCurdy,
Walter R. Gillette,
Alexander E. Orr,
DIRECTORS^.
Joseph S. Auerbach,
John S.TTilney,
Robert Goelet,
Edwin Packard,
Harry B. Hollins,
E. V. Loew,
George Griswold Haven, Henry H. Rogers,
-Jacob Hays,
Henry F. Dimock
Oliver Harriman,
Henry W. Smith,
Charles T. Barney,
John P. Townsend
R. Somers Hayes,
H. McK. Twombly,
A. Foster Higgins,
Charles F. Watson,
Charles R. Henderson,
Frederick W. Vanderbilt,
Robert G. Remsen,
David H. King, Jr,
Adrian lselin, Jr.,
William C. Whitney,
Henry W. T. Mali,
Frederick G. Bourne
J. Hood Wright.
•Andrew H. Sands,
Robert Mac] av
James H. Breslin,
C. Lawrence Perkins,
EXECUTIVE COMMITTEE.
Gen. George J. Magee,
Edward Wood,
Samuel D. Babcock,
Bichard A. McCurdy
L Townsend Burden.
Wm. H. Beadleston.
Frederic Cromwell,
Edwin Packard,
Alfred L. White.
George Griswold Haven, H. McK. Twombly,
YTRED’K L. ELDRIDGE, Secretary.
Henry ET. Rogers,
J. HENRY TOWNSEND. Assist. Secretary, Augustus D. Juilliard,
Adrian lselin, Jr.
Knickerbocker Trust
Company,
Manhattan
Trust
Co.
Corner of W all and Nassau Sts., N. Y.
C A P IT A L ....................................... $ 1 ,0 0 0 ,0 0 9
DIRECTORS
F. O. French, N. T.
H. W. Cannon, N. V.
R. J. Cross, N. Y.
John R. FordVN. Y.
H. L. Higginson, Boston. T. J. Coolidge, jr., Bos.
August Belmont, N. Y.
James O. Sheldon, N. Y.
E. D. Randolph, N. Y.
A. S. Rosenbaum, N. Y.
H. O. Northcote, N. Y.
John N. A Griswold, N. T.
C. C. Baldwin, N. Y.
Sam’l R. Shipley-Phila.
Chas. F. TagVN. Y
R. T. Wilson, N. Y.
John Kean, Jr., N. J.
J. I. Waterbury, N. Y
F. 0. French, President.
J. I. Waterbury, V.-Pres
A. T. French, Secretary and Treasurer.
ALLOWS INTEREST ON DEPOSITS. EXE
CUTES TRUSTS OF EVERY DESCRIPTION
REGISTRAR AND TRANSFER AGfflJNT
Lehigh & W ilkesbarre
Coal Co.
143 L ib e r t y Street , )
New Y ork , April 18,1892. j
Notice is hereby given that one hundred and
twenty-nine Sterling Mortgage Bonds of this Com
pany, for £200 each, have been drawn and will he
paid, with maturing coupons, on May 1 prox., on
which date all interest thereon will cease.
Bonds numbered as follows will be paid at this
office:
8436
8282
7925
8124
6253
7829
8473
8133
8317
7943
6279
7836
8352
8480
8150
7839
7952
5589
8383
8496
7849
7959
8195
5601
849»
8201
8423
8019
5623
7851
8424
8210
8507
8025
7764
7907
6434
8525
8249
8099
7775
7924
7796
The remaining eighty-six bonds, numbered as
follows:
101 Broadway, Brooklyn, N. IT.
1466
»72
485
. 747
11
233
1477
1077
70
252
496
767
C A P I T A L ......................................... $ 5 0 0 ,0 0 0
1481
1115
782
72
511
335
Deposits received subject to check at sight, and
1487
783
1151
556
115
344
Interest allowed on the resulting daily balances.
1547
1152
795
137
572
346
Certificates o f deposits issued for time deposits,
1548
1158
824
578
138
349
3 0 3 N o r th 4 t h S tree t,
on which special rates will be allowed.
1558
1174
826
695
146
359
Interest commences from date of deposit.
1684
1189
829
597
156
392
Authorized by law to act as Executor, Adminis
ST. LOUIS, m iSSO U R I.
1609
1200
610
841
159
398
trator, Committee, Guardian, Trustee, Receiver,
1617
1273
876
648
160
402
Fiscal and Transfer Agent and as Registrar of Capital................................. ............. $ 1 ,5 0 0 ,0 0 0
1620
1297
S85
653
172
411
•Stocks and Bonds; is a legal depository lor
UNDER STATE SUPERVISION.
1622
1415
898
184
691
443
T ru st Funds and for moneys paid into cour£.
1647
1427
926
699
$ 2 0 0 ,0 0 0 deposited with State Officer to
464
187
Loans made on approved collaterals.
1651
1464
941
735
204
467
protect trust liabilities.
Checks on this Company are payable through the
210
470
New York Clearing House.
A GENERAL TRUST COMPANY BUSINESS.
will be paid at the office o f the fiscal agents o f the
A. D. WHEELOCK, President.
Company, Messrs. L THOMSON, T. BONAR A CO.,
Allows Interest on Deposits.
WILLIAM DICK, )
Authorized to act as Executor, Guardian, Receiver, London.
JOHN TRUSLOW, J Vice-Prest s.
Trustee, &c. Manages Estates. Collects Rents.
W . T. ZELL,
G. F. RICHARDSON. Secretary.
Becomes Surety on all kinds of Court Bonds.
Secretary and Treasurer.
Has Safety Deposit Vaults; a Savings Department.
t r u s t e e s ;!
Wm. Dick,
Bernard Peters, John Loughran,
INVESTMENT SECURITIES A SPECIALTY.
A . D. Baird
Wm. E. Horwill, Edward T. Hulst,
DIRECTORS;
Darwin R. James, J. B. Voorhees, Jno.McLaughlin,
Charles
Clark,
L. G. McNair, Chas. H. Bailey;
R . B. Tuttle,
A. D. Wheelock, A. M. Suydam,
-John Truslow,
Wm. F. Garrison, Wm.E. Wheelock Thos. T. Turner, John D. Perry, F. W. Paramore,
John Scullin,
Geo. H. Goddard,
Ditmas Jewell, Jno. T. Willetts, O. F. Richardson, Wm. F. Nolker,
SIOUX C IT Y , IOW A.
T. O’Reilly, M. D., B. F. Hammett, James Campbell,
4P. W. Wurster, Chas. H. Russell, Henry Seibert.
Sam’l M. Kennard, S. E. Hoffman, August Gehner,
INCORPORATED 1885.
Aug. B. Ewing,
D. W. Caruth, Julius S. Walsh,
~ R. Francis.
B. F. Hobart. Williamson Bacon, C A P IT A L , Paid Up in C ash....$ 1 ,0 0 0 ,0 0 0
OFFICERS:
S U R P L U S ......................................
1 7 5 ,0 0 0
Ju liu s S. W a l sh , President.
-CORNER 4th AND LOCUST S T R E E T S
John D. P e r r y , 1st Vice-President.
DEALERS IN HIGH-GRADE COM
J
ohn Scullin , 2d Vice-President.
St. Louis, Ido.
MERCIAL PAPER,
B reckinridge Jones , Secretary.
C apital and Surplus, .
$ 3 ,0 0 0 ,0 0 0
A supply of which it always has on hand for
sale at Current R ates.
D IR E C T O R S !
»John T. Davis,
Alvah Mansur,
M U N IC IP A L , CORPORATIO N AND
Daniel Catlin,
Edward S. Rowse,
SCHOOL BONDS.
<8am’l W. Fordyce,
Jno. A. Scudder,
Adolphus Busch,
Edward C. Simmons,
3 7 a n d 3 9 W a l l S tree t. N e w Y o r k .
No Stronger Loan and Trust Company In
H enry C. Haarstick,
Edwin O. Stanard,
the
W
e
st.
Correspondence Solicited.
Paid-Up Capital
................. $ 1 ,0 0 0 ,0 0 0
Wm. L. Hase,
J. C. Van Blarcom,
Surplus............................ .................
7 0 0 ,0 0 0
GEO. L . J O Y , Pres.
-Chas. D. McLure,
Thos. H. West,
Designated
as
a
legal
depository
by
order
of
Edwards Whitaker.
A . S , G A R R E T S O N , Vlce-Pres.
Snpreme Court. Receive deposits o f money on in
THOS. H. WEST, President. “
terest, act as fiscal or transfer agent, or trustee for
E . R . S M IT H , Sec’ y.
corporations,
and
accept
and
execute
any
legal
trusts
JOHN D. FILLEY, Secretary.
Prompt Attention Given to Collections.
from persons or corporations, on as favorable terms
A. C. STEWART, Counsel. as other similar companies.
THE W ALL STREET JOURNAL.
Allows Interest on Deposits. Executes Trusts of Thomas Hillhouse, Pres. Fred ’k D. Tappen, V.-Pres
« v e r y Description. Acts as Registrar and Transfer
M. Jesup, 2d V.-Pres. Beverly Chew, Secretary. An invaluable financial daily; 85 Vyear. Sample copy
Agent, Ac
George D Coanev. Assistsu Secretary.
free. DOW, JONES A CO., Publishers, 41 Broad St.
The Nassau Trust Co.
Mississippi Valley Trust
Company,
Union Loan & Trust CoJ
St. Louis Trust Co.,
Metropolitan Trust Co.
TH E
Vi
fta c ia i
CH ROM CLE
[ Y o l . L IV
ffimttïcmL
ffiin w c ia t.
St. Paul Minneapolis & The St. Paul Minneapolis & The St. Paul Minneapolis
& Manitoba Railway
Manitoba Railway Co.
Manitoba Kailwav Co’s
Company’s
FIRST MORTGAGE 7 PER CENT FIRST MORTGAGE SINKING FUND
LAND GRANT GOLD BONDS.
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 Mort
gage Bonds so exchanged a premium of
five per cent in cash— the same premium
at which they m ay be redeemed by oper
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 cal l, 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 a ll Street, New York, in sums of
$1,000 or multiples thereof.
The Consolidated Mortgage Bonds ma
ture July 1, 1933.
January and July.
Interest is payable
These bonds contain
no provision fo r compulsory retirement
before maturity.
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.,
SA M U E L H IL L , President.
THE CANADIAN PACIFIC RAIL’ V CO
NOTICE TO S H A R E H O L D E R S .
The Eleventh Annual Meeting o f the Shareholders
Of this Company for the election o f Directors and
the transaction o f business generally will be held on
W e d n e sd a y , the 1 1 th d a y o f M a y n e x t,
at the principal office of the Company, at Montreal,
at 12 o’clock noon.
The Meeting will be made special for the purpose
o f considering, and of taking such steps as may be
deemed expedient in order to give effect to any legis
lation by the Parliament o f Canada, during its present
Session, authorizing the issue of additional Consoli
dated Debenture Stock in exchange for Mortgage
Bonds o f which the principal or interest is guaran
teed by the Company, and o f authorizing such issue:
such bonds to be held as security for the holders of
Consolidated Debenture Stock.
The Transfer Books of the Company will close in
Montreal and New York on Saturday, April 30th,
and in London on Tuesday, Aprii 19th, and will be
re-opened on Thursday, May 12.
By order o f the Board,
CHARLES DRINKWATER, Secretary.
Montreat , 6th April, 1892.
ALL CLASSES OF RAILW AY STOCKS
AND BONDS
(income producing or not)
INCLUDING
STREET RAILW AY
DEALT IN BY
SAMUEL H. BARROWS, 34 NEW St .
7 PER CENT LAND GRANT
FIRST MORTGAGE SINKING FUND
GOLD BONDS.
7 PER CENT LAND GRANT
In conformity with the provisions of the Mortgage
Deed of Trust securing the above Bonds, we, the
undersigned Trustees, hereby give notice that 135
Bonds of $100 each, 25 Bonds of $500 each, and 474
Bonds of $1,000 each, o f the numbers specified be
low, were this day, in our presence, fairly and with
out preference or discrimination, designated by lot
for redemption at 1 0 5 p er cen t a n d a c c ru e d in
te re st, payable out of the moneys pledged to us
from proceeds of sales of land, and now available
for that purpose. The Bonds so drawn will be paid
on presentation at the office of J. KENNEDY TOD
& CO., Nos. 45 and 47 Wall Street, New York; and
the holders thereof are hereby notified that they
should be presented on or before 1 S T D A Y OF
M A Y , 189!$, as from that date interest will cease to
accrue thereon.
13 5 BONDS A T $ 1 0 0 E A C H .
2. os.
Nos.
Nos.
Nos.
Nos.
Nos.
Nos.
691
312
1069
1317 1588
' 9
1862
697
1086
1320
379
1870
10
1698
705
1105 1324
386
1607
1910
55
756
390
1153
1829 1623
1926
67
792
441
1158 1348
1643
1954
72
797
1178 1350
1967
84
473
1660
815
500
1181
1354
1663
90
1985
833
1190 1385 1664
516
1993
109
1410
876
1197
1671
110
529
2022
881
1672
531
1218 1417
2028
136
922
1224
1429
1708
162
675
2037
925
1232
1467
1761
2094
683
187
931
1480
595
1234
1771
2102
191
1.43
1495
1784
2126
954
192
607
1785
988
1258 1508
2127
627
198
1536
635
996
1265
1789
2133
213
1046
1282 1542
1815
2145
642
226
1301
1840 2161
1058
1560
242
647
1856
652
1061
1304
1565
2176
245
673
307
2 5 BONDS A T $ 5 0 0 E A C H .
Nos.
Nos.
Nos.
Nos.
Ncs.
356
135
277
80
5
280
139
366
83
7
295
371
89
147
8
302
888
109
171
38
400
236
308
118
62
4 7 4 BONDS A T $ 1 ,0 0 0 E A C H .
Nos. Nos.
Nos.
Nos.
Nos.
Nos. N08.
5583
6700
3348 4675
14
1018 2157
6714
2179
3307 4692 5598
1028
22
5616
6721
4718
3385
1035
2225
24
6753
5620
3405 4747
2229
25
1068
6754
5623
3440 4783
1071
2271
85
6759
5644
3485 4793
40
1081
2273
6764
5647
4810
3492
43
1085
2282
6779
5654
4811
3540
49
1091
2295
5670
6781
2305
3544 4813
1100
51
5684
6784
3586 4814
1103
2306
67
5715
6802
1112
2326
8596 4823
69
6819
5747
3603 4841
1164
70
2327
5756
6827
4855
2362
3654
76
1177
6802 . 6839
8655 4864
2395
89
1178
6853
5811
3683 4877
2409
91
1187
6862
5833
3588 4888
1191
2469
104
6863
5845
3693 4903
1197
£526
107
5855
6865
3740 4910
112
1198
2552
5876
6872
3774 4924
131
1208
2569
6891
5908
162
1213
3786 4937
2577
5919
6894
4944
8795
2587
172
1218
5920
6901
8805 4959
1307
2596
175
6902
5967
3829 4965
185
2645
1353
6951
5972
3830 4967
193
1356
2688
5992
6963
3831 4979
2703
197
1358
6018
6975
8842 4984
225
2719
1379
6029
7040
235 1396
2744 3892 4985
6044
7053
5018
3932
271
1403
2740
6052
7061
8940 5048
292
2761
1408
6106
7065
5068
1454
2769 8954
327
6113
7121
433
1465
2777 3966 5071
6151
7124
3983 5105
444
1478
2783
6193
7125
4008 5108
453
1475
2788
7154
4020 5124 6196
503
2805
1489
6204
7176
4045 5134
565
2810
1495
6228
7213
569
2879 4068 5147
1496
6233
7220
5149
586
1513
2892 4073
6250
7227
601
1529
2907 4117 5166
7230
5174 6255
607
1592
2909 4169
7236
5192 6289
632
2926 4184
1595
7251
6325
669
1661
2928 4219 5221
6335
7272
672
1669
2992 4228 6238
6367
7278
5273
4229
661
1679
2997
7302
5275 6369
689
1705
3007 4257
6413
7318
693
1710
8012 4258 5292
6421
7334
4265 5301
703 1715
3027
6442
7364
5305
704
3033 4277
1732
6451
7384
5310
4289
725
1740
3049
6470
7405
5336
4302
733
1790
3054
6481
7413
5345
742
1814
8064 4303
6482
7418
5363
745
3089 4309
1828
7429
6511
5382
759
1847
8125 4313
7433
5385 6513
779
3137 4337
1894
6531
7434
5395
783
3170 4340
1899
6555
7446
5420
785
1903
3175 4345
7)51
5452 6565
813
1941
3213 4347
6568
7457
5455
816
1998
8254 4349
6598
7471
5471
4369
846
2025
3276
6613
7477
5473
875
2030
3280 4393
6619
7478
5490
890
2043
3282 4404
6622
7496
898
2059
3292 4426 5495
7507
5498 6628
902
4456
3304
2078
7515
5501 6631
919
2080
3305 4466
6642
7516
6530
929
2111
3311 4528
6683
7521
6537
934
2114
3320 4558
6691
7566
5540
989
2126 3322 4637
6696
7579
6542
4639
1002
2127
3325
1007
2154
3344 4674
5561
JO H N S .K E N N E D Y .
1 T ru ste e s.
J . A . ROOSEVELT,
N. Y „ Feb. 3, 1892.
DRAWING NUMBER 12.
GOLD BONDS.
In conformity with the provisions of the Mortgage
Deed of Trust securing the above Bonds, we, the un
dersigned Trustees, hereby give notice that 80 Bond»
of $100 each, 22 Bonds of $500 each, and 331 Bonds o f
$1,000 each, of the numbers specified below, were
this day, in our presence, fairly snd without prefer
ence or discrimination, designated by lot for redempi ion at 1 0 5 p e r cen t and a c c ru e d In terest,
payable out o f the moneys pledged to us from pro
ceeds o f sales of land, and now available for that
purpose. The bonds so drawn will be paid on present
ation at the office of J. KENNEDY TOD & CO., Nos#
45 and47 Wall Street, New York; and the holders
thereof are hereby notified that they should be pre
sented on or before 1ST D A Y OF J U L Y , 1891$,
as from that date interest will cease to accrue thereon.
80 BONDS A T $100 B A C H .
Nos.
Nos. Nos. Nos. Nos.
Nos. Nos.
610
934 1257 1676 1919
243
346
17
939 1272 1680 1925
250
874
702
44
950 1807 1687 1940
735
62
385
268
816
972 1314 1727 2012
261
427
63
269
449
824
985 1323 1791 2044
97
461
843 1047 1381 1812 2045.
161
282
1119
1454 1844 2078
476
861
166
287
546
879 1176 1472 1904 2118
173
300
660
883 1245 1649 1906 2169
804
205
930 1252 1674 1912 2200
815
662
224
Nos.
53
78
96
E221BONDS A T
Nos. Nos. Nos.
183
259
10T
262
219
113
242
281
167
$500 B A C H ,
Nos. Nos. Nos.
284
874
317
294
332
883
370
805
Nos.
392:
393
3 3 1 B O N D S A T $ 1 ,0 0 0 B A C H .
Nos. Nos. Nos. Nos. Nos. Nos. Nos. Nos.
37 1006 2103 3076 4147 5113 5975 6846
42 1011 2122 3081 4194 5194 5994 690»
48 1014 2156 3108 4204 5217 6001 6944
82 1042 2168 3116 4262 5240 6035 6981
100 1052 2173 3126 4298 5246 6104 6989
106 1090 2198 3127 4299 5260 6105 6992
110 1098 2256 3132 4358 5356 6136 7072
124 1128 2272 3165 4375 5372 6155 7102
125 1154 2316 3263 4383 5393 6160 7103
147 1169 2358 3266 4390 5411 6195 7144
180 1180 2365 3273 4418 5441 6197 7164
202 1206 2384 „ 3284 4449 5462 6217 7172
228 1210 2405 * 3469 4451 5539 6219 7194
230 1311 2412 3478 4533 5548 6258 7195
256 1322 2423 3513 4547 5564 6295 7205
285 1421 2433 3520 4569 5566 8377 7207
298 1427 2443 3532 4572 5567 6380 7238.
338 1462 2446 3539 4583 5592 6386 7245
344 1476 2451 3606 4605 5594 6393 7246
357 1487 2454 3631 4619 5609 0398 7262
872 1494 2473 8650 4664 5619 6403 7312
385 1512 2489 3658 4667 5636 6429 7322
406 1514 2583 3723 4670 5650 6461 7324
469 1532 2595 3787 4697 5653 6484 7336
505 1580 2632 3806 4739 5691 6503 7842’
514 1659 2642 8818 4741 5693 6508 7345
544 1677 2690 3850 4758 5695 6558 7369
547 1701 2700 3876 4802 5697 6560 7387"
576 1704 2736 3917 4824 5713 6561 7425
583 1734 2757 3944 4830 5720 6648 7462
661 1800 2771 8945 4846 5731 6654 7464
702 1801 2816 3957 4886 5758 6673 7470
728 1803 2843 3963 4896 5764 6681 7472
798 1830 2849 3984 4920 5769 6698 7504
801 1832 2896 3988 4961 5772 6702 7509
821 1863 2920 3995 4995 5775 6722 7526
833 1902 2948 3998 5005 5794 6734 7537
914 1983 2968 4016 6011 5869 6768 7540
960 1999 3009 4032 5016 5902 6803 7560
968 2000 3010 4064 5042 5945 6828 756»
995 2017 3034 4105 5089 5969 6840 757T
997 2100 3075
JO H N S. K E N N E D Y ,
T rustee».
J . A . R O O SE V E L T ,
N e w Y o r k , April 7,1892.
DRAWING NUMBER 13.
TO INVESTORS.
The Sunflower Land & Manufacturing Co. offers fo r
sale 90,000 acres o f the finest land in the Mississippidelta. The soil is the richest loam—unsurpassed for
cotton. It is heavily covered by virgin forest of the
best quality of hard-wood timber. It Is all in Sun
flower County, Miss., convenient to river and rail-.
The entire body is offered at a price but little in.
advance of figure at which the timber alone has just
been sold from 16,000 acres of it. For particularsT. B. TREZEVANT, President,
Memphis, Tenn.
B an k. Trust Co., Guarantee Co.,.
Life and Fire Insurance, Gas, ElectrleLight, Street B a ll w ay and Industrial:
Securities local to Newark
DEALT IN BY
J. S. R IPPE L,
V Clinton Street, Newark, N. J .
A pril 28, 1892.J
S fitfa tx c ia L
Louisville & Nashville
Railroad Co.
GENERAL M O RTGAGE.
This is to certify that 183 General Mortgage Bonds
o f the Louisville & Nashville Railroad Co., numbered
as follows, viz.:
7757
11653
17070
14808
7761
11714
17279
14931
7767
11840
14959
17409
7772
11934
17455
14992
7849
17460
11935
15007
7890
17506
11937
15089
7975
17563
12072
15100
7996
12150
15132
17597
8070
17625
15203
12158
17653
8178
15349
12208
8194
15415
17756
12271
8195
15440
17760
12273
37820
8269
15537
12332
16547
17952
8276
12430
18032
15548
8645
12476
15588
18119
8663
12537
18156
15721
9107
12571
15887
18282
9421
12602
9449
15889
18288
12637
18290
15928
9526
12856
16016
9539
12921
18340
16130
9574
13077
18404
16155
9575
13083
18427
13202
16202
18457
9576
16325
9752
13207
18496
16339
13295
18522
9928
13342
16379
18583
9990
10006
13413
16390
18788
10055
13440
16391
18792
16451
10086
13467
18974
10169
13524
16487
19177
10223
13539
16532
19242
10298
13540
16541
19318
10341
13569
16591
19460
16663
10529
13570
19497
10692
16664
13732
19601
10603
14016
16693
19652
10716
14025
16766
19698
11Ì52
14218
16774
19768
11195
14289
16783
19791
11211
14299
16872
19840
14341
11358
16907
19852
11359
14355
16945
19882
11416
14643
16946
19959
11630
14685
16985
19993
11637
14784
17060
Have this day, Tuesday, March 22,1892, at the office
o f the Central Trust Company o f New York, Trustee,
been designated for redemption at ten per centum
premium on the FIRST DAY OF JUNE, 1892, on
presentation and surrender thereof, with all unmatured coupons of the same, at the office o f the LOUIS
TILLE & NASHVILLE RAILROAD COMPANY,
Equitable Building, 120 Broadway, in the City of
New York.
Interest on said Bonds will cease
on June I, 1892.
C E N T R A L T R U S T CO., OF N E W Y O R K ,
By G. SHERMAN, Vice-President.
L O U IS V IL L E & N A S H V IL L E R R . CO.,
By A. M. QUARRIER, Second Vice-President.
STO CK S and BONDS
A t Auction.
The undersigned hold REGULAR WEEKLY
AUCTION SALES o f all classes of
STOCKS AND BONDS
ON
EVERY W EDNESDAY.
A D R IA N H . M U L L E R A SON,
NO. 1 PIN E STREET. NEW YORK.
_
Office of the
N. Y . G U A R A N T Y «& IN D E M N IT Y CO.
New Y ork , April 13,1892.
A dividend of Two Pei Cent has been declared by
the Edison General Electric Company, and this comany has been directed to pay the same at its office.
To. 59 Cedar St., New York, on and after May 2,1892,
to the holders of record o f its Trust Receipts for
stock ot said Edison General Electric Com
pany. as they appear on this company’s books at
the close of business on April 23,1892.
The books o f this company for the transfer o f its
Trust Receipts for stock of said Edison General
Electric Company will be closed April 23, 1892, at 12
o’clock M. and reopened May 3,1892, at 10 o’clock
A. M.
The closing o f this company’s books and the pay
ment o f dividend in the manner above indicated are
in pursuance o f the direction and determination of
the committee named in the stockholders’ agreement
o f Feb. 9 ,1892.
H. A. MURRAY, Treasurer.
S
THE
CHRONICLE
J fm a tr c ia L
N ew Y ork , April 8,1892.
T o th e H o ld e r s o f V o t i n g T r u s t e e s ’
Certf iicates f o r 1 st a n d 2 d P re fe re n c e
S to c k o f th e
711
R u c t io n s .
Richard V. Harnett & Odd
Henry W. Donald, Auctioneer.
REGULAR AUCTION SALE
OF
Chesapeake & Ohio Rail Stocks and Bonds,
1 UESDAY, April 26, at 12:30 P. M.
way Co.
At the Real-Estate Exchange & Auction Room.
Nos. 59 to 66 Libertv St.
Holders o f over two-thirds in amount o f each class
o f Chesapeake & Ohio Railway Company stock trust
certificates issued by the undersigned having as
sented to the creation of the securities outlined in
the plan set forth in said Company’s circular o f Jan.
22,1892, said plan has been carried into effect and
securities have been issued and delivered to us to
enable us to proceed with exchanges thereunder.
Holders o f our certificates for first and second prefer
ence shares may now exchange them at the office of
Drexel, Morgan &Co., 23 Wall Street, New York,
who will make exchanges without delay.
The basis o f exchange, as set forth by the Railway
Company in said circular of January 22,1892, is :
The first preferred stockholders to receive twothirds o f the face value o f their stock in its new 4^4
per cent General Mortgage Bonds, bearing interest
from July 1,1892, and one-third in common stock
trust certificates. The second preferred stockholders
to receive one-third of the face value o f their stock
in like bonds and two-thirds in common stock trust
certificates. Fractions will be adjusted by equitable
cash settlements.
The bonds are for (1,000 each, and bear interest
from March 1,1892, and their recipients, under this
notice, may either pay the four months’ interest
(from March 1 to July 1), viz., (15 per bond, in cash,
or the company will detach the September coupon
and pay the interest from July 1 to September 1,
viz., (7‘50 per bond in casb.
Pursuant to arrangements made for the purpose,
the shares of preference stock so exchanged will be
transferred and placed in trust, being marked “ nonnegotiable,” it being intended that they shall be so
held until all, or nearly all, the preference shares
shall have been exchanged, when they may be can
celed, unless it should be decided to cancel them at
an earlier date.
J . P IE R P O N T M O RG A N ,
JOHN C R O S B Y B R O W N ,
GEORGE B L IS S ,
Voting Trustees.
Richmond & West Point
Terminal Railway &
Warehouse Co.
NOTICE.
The time for the deposit of all Terminal
secnrities and all classes o f stocks is ex
tended until and Including Monday, M ay 2 ,
1892.
The time for the deposit o f all underlying
bonds is extended until and including F ri
day, M ay 6, 1 8 9 2 .
A F T E R T H E D A T ES A BO V E NAMED
ST O C K S AND SEC U R IT IE S W I L L BE
R E C EIV ED O N LY UPON SUCH T E R M S
A S T H E COM M ITTEE M A Y TH E N IM
POSE.
The right of subscription to the Cash Fund,
offered under the plea to the depositaries of
stock and 5 prr cent bonds, w ill be extended
to such date as may be hereafter advertised
by the committee.
The holders of the secnrities o f the au x ili
ary corporations are invited to co-operate
and become parties to the plan to preserve
the integrity o f this large system of R a il
roads, the disintegration o f which would
prove disastrous to such securities.
Copies of the iJan of Reorganization may
be had at the office of the Central Trust
Company o f New Y o rk .
New Y o r k , April 1 9 ,1 8 9 2 .
F R E D E R IC P . O LCO TT,
O L IV E R H . P A Y N E ,
F R E D E R IC K D . TAPPEN ,
W I L L I A M H . P E R K IN S ,
H E N R Y BUDGE,
H . C. F A H N E ST O C K ,
J . K E N N E D Y TOD,
Committee.
GEORGE S. ELLIS, Secretary.
64 Wall Street, New York.
(By order o f L Edward Simn ons, as Receiver of the
American Loan & Trust Company.)
The following securities to be sold in lots as per list
to be obtained frofa the auctioneer:
(20,000 City Water Co. of Belleville, 111., 2d Mortgage
6 per cent Bonds, due 1906.
600 shares Old Dominion Mining and Ry. Co., (100
(20,000 The Shelbyville Water Co. of Shelbyvilie, 111.,
2d Mortgage 6 per cent Bonds, due 1907.
(56,000 The Kansas Water & I.ight Co. o f Paola,
Kan., 1st Mort. 6per cent Bonds, due 1909.
400 shares Crawfordville Water Works Co. o f Craw
fordsville, Ind., (50 each.
(65,000 The Lower Merion Water Co. o f Lower Me
rlon, Pa., 1st Mortgage 6 per cent Bonds
due 1917.
(68,000 The Creston Water & Light Co. 1st Mort
gage 6 per cent Bonds, due 1913.
(15,000 The Cbillicothe Water & Light Co. o f Chilllcotbe, Mo., 1st Mort. 6 per cent Bonds,
due 1919.
(38,000 Mattoon Gaslight & Coke Co. 1st Mortgage 6
per cent Bonds, due 1906.
(13,000 The Warsaw Water Works Co. o f Warsaw,
Ind., 2d Mort. 6 per cent Bonds, due 1907.
8 shares St. Louis & San Francisco Railway Co.,
1st preferred, (100 each.
(1,000 Texas & Pacific Railway Co. 2d Mortgage 5
per cent bond, due 2000.
1,328 shares the American Graphic Co. of New York,
(100 each.
400 shares Chicago & Canada Southern Railway
Co.. (100 each.
(5,000 Covington & Macon RR. Co. 1st Mtge. 6 per
cent Bonds, due 1915.
(1,000 the Austin Consolidated Coal Co. 1st Mortgage
6 per cent Bonds ((500 each), due 1895.
(1,500 the Ivanhoe Mfg. Co. of Paterson, N. J., 6 per
cetit Bonds ((250 each, due 1899.
315 shares the Saratoga Gas & Electric Light Co.,
(100 each,
(18,000 the Saratoga Gas & Electric Light Co. 1st
Mortgage 6 per cent bonds, due 1907.
(1,200 the Accumulator Co. 1st Mortgage 6 per cent
Bonds, due 1920.
(600 the Accumulator Co. 2d Mortgage “ B ” 6 per
cent Income Gold Bonds.
(10,000 the Accumulator Co. 2d Mortgage “ A ” 6
per cent Income Bonds.
(5,000 the Accumulator Co 2d Mortgage *‘ B ” 6
per cent Income Bonds.
200 shares the Accumulator Co., $100 each.
(630 coupons ((30 each) of the Crawfordsville
Water-Works Co. of Crawfordsville, Ind.,
due April 1,1887.
(630 coupons ((30 each) of the Crawfordsville
Water-Works Co., of Crawfordsville,
Ind., due Oct. 1,1887.
250 shares the City Water Co., of Lawrence, Kan.,
(1< 0 each.
100 shares Oregon Pacific RR. Co., (100 each.!
(3,000 Oregon Pacific RR. Co. 1st Mortgage Land
Grant Sinking Fund 6 per cent Bonds,
due 1900.
20 shares Consumers’ Ice Co., (100 each.
50 shares Chrolithion Mfg. Co., (100 each.
$7.000 Ridgewood Ice Co. 6 per cent Bonds, dated
Dec. 31.1881. due 1902.
100 shares American Electric Mfg. Co., (100 each.
50 shares The Norton Naval Construction & Ship
Building Co., (100 each.
600 shares The Somerset Ranch & Cattle Co., (5
(12.000 The Newport Mining Co. 1st Mortgage 6 per
cent Bonds, due 1902.
(5,000 The Long Beach Construction Co. 1st Mort
gage 6 per cent Bonds, due 1911.
2 shares New York Chicago & St. Louis RR. Co.
1st preferred, (100 each.
12 shares New York Chicago & St. Louis RR. Co.,
common, (100 each.
976 shares The Commercial Telegram Co., pre
ferred, (100 each.
(1,000 Union Pacific RR. Co. Sinking Fund Mort
gage 8 per cent Bond, redeemable Sep
tember, 1893.
225 shares The Commercial Telegram Co., Com
mon, (100 each.
1,524 shares Rome & Decatur RR. Co., 100 each.
(2,000 The Empire Gas & Electric Light Co. of
Huntington, Suffolk County, N. Y., 1st
Mortgage 9 per cent Bonds (500 each)
due 1917.
(7,000 Gila River Irrigation Co. 1st Mortgage 7 per
cent Bonds, due 1917.
402 shares Mattoon Gaslight & Coke Co., (50 each.
Judgment March 5,1892, in N. Y. Court of Common
Pleas, in favor of J. E. Simmons, Re
ceiver, against George H. Mtlls, William
P. Robeson and Albert H. Smith, for
(15,971-43.
Judgment June 27,1888, in N. Y. Supreme Court, in
favor of American Lean & Trust Co.,
against Thomas B. Sturgeon,for (1,016.91.
(Executor’s Sale—Estate of E. J. Jaques, deceased.)
803 shares Pacific National Gold Mining Co. of Gil
pin County, Col., (100 each.
(For account of whom it may concern.)
27 shares National Park Bank, (100 each.
112 shares Cayuga & Susquehanna RR. Co., (30 each
(leased to Delaware Lackawanna & W estern RR, Co. at 9 per cent per annum).
13 shares Fourth National Bank, (100 each.
498 shares Memphis & Charleston RR. Co., (25 each.
20 shares Importers’ & Traders’ National Bank,
(loO each.
5 shares South Brooklyn Steam Engine Works,
(lOOeacb.
25 shares Bank of New York, N. B. A., (100 each.
60 shares Central Forge Works of Whltestone, N.
Y., (100 each.
60 shares American Exchange Nat’l Bank, (100 each.
122 shares Nat’l Butchers’ & Drovers’ Bank, (25 each.
20 shares Southern National Bank, (100 each.
30 shares Ninth National Bank, (100 each.
50 shares Citizens’ National Bank, (100 each.
(5,000 Charleston & Savannah Railway Co. 2d Pre
ferred Income Bonds.
(7,000 City of Elizabeth 4 Per Cent Bonds, due 1922.
(2,000 Lehigh & Wilkesbarre RR. Co. 7 Per Cent
Bonds, due 1900.
(5,000 Morris at Essex RR. Co. 1st Mort. 7 per cent
Bonds, due 1914, interest May and Nov.
Lists at auctioneers’, 71 and 73 Liberty St.
4
ym
THE
CHRONICLE.
Ifitrattjcial.
fftl
^
h
n
y w
n
w
w
^
|V o l . LI 7 .
ffitrattcial.
o
w
O
—
iFirst Mortgage 30 -Y ea r 5 Per Cent Cold Bonds
Kidder, Peabody & Co.,
OF T H E
R o a n o k e & S o u th ern R a ilw a y C o m p an y,
D A T E D M A R C H 1S T , 189-2, AND M A T U R IN G M A R C H 1 S T , 1 9 2 2 .
H a lf-Y e a r ly Interest Coupons, payable the 1st of March and 1st of September at the
Agency o f the Company, in New Y o rk , Philadelphia or Baltim ore.
THE MERCANTILE TRUST & DEPOSIT COMPANY OF BALTIMORE, TRUSTEE.
T o t a l A m o u n t o f M o r tg a g e , §2,041,000.
Coupon Bonds of S i , 0 0 0 each, with privilege o f Registration of Principal at the office
o f the Mercantile Trust & Deposit Company of Baltim or . Both Principal and Interest
payable in U. S. Gold Coin, w ithout deduction for United States, Stale or Municipal T a x .
PRINCIPAL AND INTEREST UNCONDITIONALLY GUARANTEED BY THE
NORFOLK &
WESTERN
RAILROAD CO M PANY.
1 1 3 D E V O N S H I B E S T ., B O S T O N .
OFFER
$75,000 G1TV OP WORCESTER
Registered 4 per cent Bonds.
Due A pril, 1 9 0 5 .
$100,000 EASTERN RR. CO.
First Mortgage Cold 6 per
cent Gold Bonds.
SUCH GUARANTEE BEING ENGRAVED ON EACH BOND.
Due September 1, 1 9 0 6 .
By the last annual report of the Norfolk & West- business men in Baltimore, Philadelphia,
ern Railroad Company, the earnings of the entire Richmond. V a.. and W inston-Salem , N. ff., $25,000 MAINE CENTRAL RR. CO.
property for the fiscal year show the following in now offer to the public $ l,0 4 i0 ,0 0 0 at the
Consolidated Mortgage 7 per
pvice o f 9724 end accrued Interest, payable
creases :
1888.
1889.
1890.
1891.
M ay 2 next, at which time the bonds w ill be
cent Bonds.
Gross Earn
ready for delivery.
ings......... it,899,598 55,597,124 57,561,915 59,188,042
Due A pril 1, 1 9 1 9 .
These bonds are secured by a first mort
Net Income 2,045,109 2,357,920 2,957,225 3,469,920
gage on 1 2 2 ^ miles oi road, running from
S u r p lu s
Roanoke, in Virginia, to W inston- 4alem, $50,000 NEW ENGLAND TELEPHONE
overfixed
In North Carolina, connecting at its South
& TELEGRAPH CO.
charges... 74#,55# 806,655 / , / 43,2*7 i,*>3,7<)0
ern terminus with the Cape Fear & Yadkin
In addition to its fixed charges, the Norfolk &
6 per cent Bonds.
Valley R ailroad and the Northwestern
Western Railroad paid in 1891 A DIVIDEND OF
North Carolina R ailroad, and through
Due April 1 , 1 9 0 7 .
THREE PER CENT ON ITS 510,000,000 PRE
these connections reaching the Richmond &
FERRED STOCK, thus showing the absolute secu
Danville, the Seabonrd & Roanoke and $75,000 FORT STREET UNION DEPOT
rity and value of its guarantee.
the A tlantic Coast Line, thus opening up at
CO., of Detroit, Mich.,
Referring to the above report, the “ Commercial and once a large business with the country
tributary to these connections, and giving
Financial Chronicle,” under date o f April 9th, says:
First Mortgage A 1 2 percent
“ It is always pleasant to take up an annual report the Norfolk & W estern an almost direct
Gold Bonds.
o f thi. Company, for its record o f progress has route South for its coal trade from the
been a marvelous one, and each additional report Pocahontas fields.
Due January 1, 1 9 4 1 .
The
cost
of
the
road
exceeds
Its
mortgage
furnishes new and striking testimony to the fact.
Among the smaller systems, it would be difficult to indebtedness some 8100, 000.
The capital stock of the company is owned
find any with a more noteworthy record o f growth
A L IM IT E D AM O U N T OF
and development—all established, moreover, in a by the Norfolk & W estern Railroad Com
pany.
very few years. And the most encouraging feature
Copies o f the bond, mortgage and lease
is that the growth has been continuous and uninter
rupted, and is still in progress. The late yejar cer may be exam ine>1 at our office.
F1YE PER CENT
W e have carefullylinvestigated the busi
tainly in its general influences was not favorable to
FIRST MORTGAGE GOLD BONDS
Southern roads, since the South has been experienc ness o f this road and the security o f the
Guaranteed Principal and Interest by
ing considerable industrial depression, and the Nor guarantee, and can recommend these bonds
folk & Western could not escape in somi measure as a very desirable investment.
Evansville & Terre Haute RR.Co*
The subscription w ill be opened at the
being adversely affected by that circumstance, and
FOR SALE BY
yet every page o f the report affords evidence of office o f the Mercantile Trust & Deposit
further increase and expansion in business and oper Company o f Baltim ore on the morning o f
ations—an expansion secured, as we have frequently A pril 25th, and close at 3 o’clock on the
SECURITIES,
pointed out, through the steady development of the afternoon o f A pril 27th . Allotments w ill I N V E S T M E N T
road’s traffic and the careful fostering o f local in be made as promptly as possible thereafter.
7 W a l l S tree t, N e w Y o r k .
The right is reserved to reject applica
dustries. The result should prove very gratifying
not only to the owners of the property, but also to tions and to close the subscription earlier rp iIE L A K E E R IE & W E S T E R N R A I L .
the management under whose skilful direction the than said date, and to allot sm aller JL
ROAD COMPANY
A dividend o f one and one-quarter (1M) per cent
system has attained its present dimensions and im amounts than those applied for.
on the preferred stock of this company has been de
Application w ill be made to list these clared out of the net earnings for the quarter ending
portance.”
The undersigned, having disposed o f the bonds on the New Y o rk , Baltim ore and March 31,1892, payable at the office of the company,
No. 80 Broadway, New York, on and after May 16, to
remainder of the issue to a syndicate of .London Stock Exchanges.
holders o f record April 30,1892.
The transfer books of the Preferred Stook will be
closed at noon on Saturday, April 30, and reopened
at 10 o’clock A. M. on Tuesday, May 17,1892.
L. M. SCHWAN, Secretary and Treasurer.
Evansville & Richmond
Herbert A. Eaton,
Mercantile Trust & Deposit Company of Baltimore,
M. E. C O R N E R G E R M A N AND C A L V E R T ST R E E TS.
BALTIMORE, APRIL 18, 1892.
/"'I R E AT N O R TH ER N R A ID W A Y CO.
VJT
40 AND 42 W ALL STREET,
March 23,1892.
The Board of Directors o f this Company have de
clared a quarterly dividend o f ONE AND ONEQUARTER PER CENT on the IPreferred 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 for 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 10 A. M. May 3,
1892.
E. T. NICHOLS, Secretary.
T H E n a t io n a l s t a r c h m a n u f a c -*■
TURING COMPANY.
O f f i c e o f t h e T r e a s u r e r , 29 B r o a d w a y , )
N e w Y o r k , April 6,1892.
>
The semi-annual FOUR PER CE \T dividend due
May 1,1892, on the first preferred stock of this comany will be paid at this office on May 2 to stockolders of record at the closing of the books April
15,1892.
The transfer books will be closed at 3 P. M., April
16, and reopen at 10 o’clock Tuesday morning, May 3.
• The coupons due May 1,1892, on the bonds of the
National Starch Manufacturing Company will be
paid on Monday, May 2, upon presentation at the
Chase National Bank, New York.
CHARLES C. BURNS, Treasurer.
S
JJ^O RFO LK & W E S T E R N R R . CO.
P h i l a d e l p h i a , March 30th, 1892.
Notice is hereby given that the Board o f Director s
has declared on the preferred stock o f this Company
a dividend o f one and one-half dollars per share
out o f the surplus income o f the Company, payable
at the office o f the Treasurer, on and after April
29th, 1892, to the stockholders as registered at 3
O’clock P. M. on April 16tb, 1892.
The transfer books will be closed from 3 o ’clock,
P. M„ April 16th, 1892, until 9 o ’clock, A. M„ May
6th, 1892.
A. J. HEMPHILL,
Secretary.
Office of the
EDISON G E N E R A L E LECTRIC CO.,
Edison Building, Broad St.,
N e w Y o r k , April 1,1892.
To the stockholders o f the Edison General Electric
Company:
The tenth quarterly dividend of 2 per cent on all
the stock of this company has been declared by the
Board o f Directors, due and payable on May 2,1892,
at the office of this company, to holders of record
April 20,1892.
The transfer books will be closed at 3 o’clock P. M.
on April 20,1892, and reopened on May 3,1892.
By order of the Board o f Directors,
A. MARCUS, Secretary.
F IC E OF P U L L M A N ’ S P A L A C E C A R
OFCOMPANY,
CH ICAGO. April 20,1892.
D IV ID EN D NO. 1 0 1 .
The usual quarterly dividend of TWO DOLLARS
per share from net earnings has been declared, pay
able May 16 to stockholders of record at close of
business May 2,1892.
Transfer books close May 2
and reopen May 17,1892.
A. S. WEINSHEIMER,
Secretary.
rpHK W H E E L IN G & L A K E E R IE R A IL *
J.
W AY COMPANY,
NO. 40 W ALL ST., NEW YORK, April 18,1892.
DIVIDEND NO. 17.
A dividend o f one and one-quarter (1M) per cent on
the preferred stock o f this company for the quar
ter ending March 31,1892, has this day been declared,
and will be paid on and after May 16,1892. The
transfer books will close on May 2, at 8 o ’clock
and reopen May 17 at 10 o ’clock A. M.
JA M E S M . H A M , Secretary.
L )U F F A LO R O C H E S T E R & P IT T S B U R G
A)
RAILW AY COMPANY.
A quarterly dividend of lJi (one and one-quarter)
per cent out of net earnings has been declared on the
preferred stock of this Company, payable on May 16
next to stockholders o f record on Friday, May 6, at
the office of the Company, 36 Wall Street, New York.
The transfer books of the preferred Stock o f this
Company will be «dosed on Friday, May 6, at 3 o ’clock
P. M. until 10 o’clock A. M. on Tuesday May 17
next.
J. H. HOCART, Assistant Treasurer.
New Y ork , April 21,1892.
.
, April 5 , 1892.
TThe Board o f DirectorsNhave Ythis day
declared the
h e n a t io n a l c o r d a g e c o m p a n y
ew
ork
regular quarterly dividend of TWO PERCENT on
the Preferred and TWO AND ONE-HALF PER
rJPHE H . B . CL A FE IN COM PANY,
CENT on the Common Stock of this Company, pay
C o r n e r C h u r c h a n d W o r t h S t s ., )
able May 2 next at the transfer office o f the Com
N e w Y o r k C i t y , April 21,1892. $
The quarterly interest on the preferred stocks will pany, 135 Front St., this city. The hooks will close
be paid May 1.
I April 15 and reopen May 3 next.
CHARLES DAVIS, Treasurer,
Transfer books will be closed at 1 P. M. April 23,
and reopen May 2, at 10 A. M.
D. N. FORCE, Treasurer.
T H E M IC H IG A N C E N T R A L
JL
RAILROAD COMPANY,
T r e a s .’s Office , Gr a n d Ce n tr a l St a t io n ,
N e w Y ork , March 28,1892.
The STOCK TRANSFER BOOKS of this company
will be closed at TWELVE o’clock noon on SAT
URDAY, the SECOND day of April (for the pur
poses o f the next annual meeting of the stock
holders) and will be reopened on the morning of
FRIDAY, the SIXTH day of MAY next.
.HENRY PRATT, Treasurer
FOR SALE.
A Banking business, building and fixtures, in one
o f the growing and prosperous towns of Kansas,
having a good line o f deposits and business: no
liabilities. The bills receivable held by the Bank
will be left with the purchaser for collection, or their
payment guaranteed. Good reasons given for sell
ing. Address,
__ __
O T IS T U R N E R ,
New England Building, Kansas City, Mo.
%
W ife ly
§ i w p p * * ,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.,
E ntered according to A ct o f Congress, in the year 1892, b y W m . B. D an a & C o., In the office o f the Librarian o f Congress, W ashington, D. O.]
NO. 1,400
SA T U R D A Y , A P R IL 23, 1892.
YO L. 54.
© t o o u i c lc .
Terms of Subscription—Payable in Advance:
F or One Y e a r ...................................................................... .
F or Six M o n th s..............:
; ............................................. i ? ka
European Subscription (including piistage).......... - — - . l i o o
European Subscription S ix M onths (including p o sta g e ).
6 75
x -■ ~
—j. ; ---- Tin L ondon /(in
in nclu
l n /H
n og- nna+.ao-a\
£ 2 8S.
A nnual
Subscription
din
p o sta g e )..
£ 1 9s.
S ix Mos.
do.
do.
do.
The I n v e s t o r s ’ S u p p l e m e n t o f 160 pages is issued ev ery other
m onth, on the last Saturdays o f Jan., March, M ay, Ju ly, Sept, and
N ov., and fu rn ished w ith ou t e x tra charge to all subscribers o f the
The comparison with 1891 is quite satisfactory, for notwith
standing the fact that last year’s results cover a full business
week the present year’s total records a gain of l ’l per cent in
the whole country and an excess outside of New York of 0’7
per cent. In percentage of increase Omaha leads this week
with 32-2 per cent, and is followed by St. Louis, 26*6, New
Bedford, 22*3, Washington, 21-8, and Lexington, 21*5 per cent.
Week Ending April 16.
1892.
C h r o n ic l e .
New Y o r k ...... ..............
. ,
The S t a t e a n d C i t y S u p p l e m e n t o f 184 pages is also given to every Saies of—
(Stocks...............shares.)
yearly subscriber o f the C h r o n i c l e .
(Cotton................ hales.)
(drain ............. bushels.)
F ile cov ers are sold at 50 cents each, and to new subscribers fo r a
(Petroleum........... bbls.)
year one file cover is supplied w ithout charge > p ostage on the same is
18 cents.
Boston..........
Subscriptions w ill be continued un til definitely ordered stopped. The Providence....
publishers cannot be responsible fo r rem ittances unless m ade b y drafts Hartford........
New Haven...
o r P o st Office m oney orders.
Springfield....
Worcester....
Terms of Advertising—(Per inch space).
Portland........
One tim e ..... ....................... . . $ 3 50 Three M onths (13 tim es). .$25 00 Lowell...........
New Bedford,.
S
ix
M
onths
(26
u
)
..
43
00
One M onth
(4 tim e s).. 1 1 0 0
Total New England.
T w o M onths
(8 “
). 18 00 T w elve M onths (52 “ ) . . 58 00
L ond on A g e n ts:
Philadelphia.
Messrs. E d w a r d s & S m i t h , 1 D rapers’ Gardens, E. C., w ill take sub Pittsburg......
scriptions and advertisem ents, and supply single copies o f the paper at Baltimore....
Buffalo......... .
Is . each.
( W I L L I A M B . D A N A & C o . , P u b lis h e r s , Washington..
Rochester....
W I L L I A M B . D A N A .)
102 W i l l i a m S tre e t^ N E W Y O R K .
Syracuse.......
JOH N G. F L O Y D .
P ost Gf f ic e B o x 9 5 8 .
Wilmington..
Binghamton..
1
94,559,565
5,980,100
1,936,462
1,420,905
1,313,933
1,403,018
1,151,594
832,462
555,810
109,133,849
65,115.218
13,309,390
13,587,592
7,442,078
2,004,595
1,530,844
993,243
833,964
261,300
105,128,224
Chicago............
The following table, made up by telegraph, etc., indicates Cincinnati........
Milwaukee......
that the total bank clearings of all the clearing houses of the Detroit......... '..
Cleveland........
United States for the week ending to-day, April 28, have Columbus.......
Indianapolis...
been $1,229,062,406, against $1,139,987,25 2 last week and Peoria..............
Grand Rapids..
$1,118,806,412 the corresponding week last year.
Lexington.......
87,148,160
14,076,750
5,704,401
6,393,423
5.425,141
8.881.100
2,340,076
1.758,220
920,545
501,943
Week Ending April 23.
C l e a r in g s .
Returns by Telegraph.
1892.
1891.
$617,067,652
75,662,523
75,020,494
13,076,563
75,829,000
20,904,366
8,664,514
$561,060,972
80,878,618
53,502,320
10,490,945
70,962,000
17,044,389
8,042,561
$886,225,112
135,987,498
$801,981,805
127,100,406
Total all cities, 5 days......
$1,022,212,610
206,849,796
$329,082,211
189,724,201
Total aU cities for w eek...
$1,229,062,406
$1,118,806,412
New Orleans . . . . . . _____... . . .
1892.
P. Cent.
$
764,251,409
+1-2
+10-4
(—119
(2,075,673) (+22-0)
(+140-9)
(418,100) +47-9)
(-11-9) (71,818,850) (+21-0)
(+20 7)
(444,000) (-23-4)
—3*5 87,199,400
97,957.884
-8-7
—1-6
5,042,200
6,056,000
-7-2
—28
1,991,290
2,383,334
+9-0
+4-2
1,363,024
1,541,352 +17-0
+6-6
1,251,679
1,232,833
+3-1
1,216,297
1,257,625 +11-6
+2-1
—5-5
1,263,326 —16-8
1,218,864
+3*9
801,078
762,588
+5-8
524,063
454,391 +22*3
+4-1
-2-8 101,184,239
112,333,019
—7'7
—3-5
67,496,675
14,939,979 —10 9
—2-6
13,951,970
+68
6,971,057
1,645,599 +218
-t-3-3
1,481,557
+7*6
923,126
-2-6
907.604
261,000 . +0-1
74,114,892
14,535.967
13,643,382
8,200,251
2,177,969
1,747,266
949,000
942,747
303,300
—32
116,614,774
+16-8
+ 69
+ 30
+20-3
—1*5
+ 9-4
+12-1
+15-6
—1-2
-t-17'7
+21-5
86,664,266
15,072,500
5.646.235
6,300,000
5,483,311
4’,052,600
2,000,000
1,958,735
833,740
536,255
+16-7
-j-22-9
+26-0
+0-3
+16-1
+39-9
+0-4
+23-5
-t-6-5
+27-0
108,578,567
81.521,938
13.667,150
4.741,763
6.692,782
4.958,334
3,463,700 •
2.023,447
1(778,876
782,144
413,050
+20-7
+5-3
+8-5
+20-6
+25-1
+13-0
+10-8
+13-0
424‘7
Total Middle Westem,
128,149,762
120,043,184
-+Ö-7
128,547,642
+17-3
San Francisco..
Per Cent. Portland..........
Salt Lake City.
+ 1 0 0 Seattle.............
Tacoma............
—0*4 Los Angeles....
40-2
Total Pacific.
+24-6
+6-9 Kansas City.
+22-6 Minneapolis.
St. Paul........
+7-7 Omaha.........
D en ver.......
+10-5 Duluth........ .
Joseph...
+ 7 ‘0 St.
Sioux City...
Des
Moines..
+10-0 Wichita.......
+9-0 Lincoln........
Topeka........
+9-9
Total Other Western.
16.001,614
2,169,142
1.997,430
849,626
860,166
681,058
19.046,587
1,878,696
1,740,219
892,715
827,974
699,824
-1 6 0
+15-5
+14-8
-4-8
+3-9
—2-7
15,129.856
2,167,742
1,922.890
1.060,869
740,546
752,433
-5-7
+17-1
+15-1
+3-7.
-12-1
+6-6
22,559,036
25,086,015
-10-1
21,774,336
-1-7
8,867,101
6.375,848
4,561,187
4,883,612
4.948,718
1,689,379
1,597,970
1,004,758
1,109,042
539,921
517,052
332,136
9.040.044
6.080.359
3.833,232
3.693,186
4.553,750
1,577,744
1.434.067
1,069,024
1,012,436
516,596
507,249
328,035
—1-9
+9-8
+18-1
+32*2
8.773.457
6.433,749
4.617,506
5,120,892
5.244.451
1,705,122
1.761,926
1,229,629
1.251,073
551,447
613,453
385,584
-8-3
+24-6
+21-9
436-8
+8-0
+24-5
+25-6
417-5
+35-5
45-0
+15-4
—4A
36,726,724
33,675,722
+ 91
37,683,289
413-1
26,102,424
8,225,889
7,225,884
1,722,472
1,965,402
1,549,371
1,658,554
880,000
980,505
627,082
558.04C
480,925
498,000
1,421,679
1,320,411
20.620,533
10,320,016
7.693.56S
2,105,993
2,425,754
1.699,576
2.043,325
063,685
957.215
972,826
661,126
490.66Í
464,000
+26-6
—20-3
-6-1
—18-2
-18-9
-8-S
-18-6
-8-7
+2-4
—35-5
—15-6
—2-6
+7-3
23.036,088
9.218,000
6.945,755
2.483,484
2.159,539
1.361,205
2.217,991
941,451
965,103
450,000
525,482
510,126
516,400
1,418,482
1,400,753
46-0
—18-4
40-6
““ 7*4
—16-9
■“ 9 2
+ 0‘2
40-3
+13*8
—61'2
—320
“ i'2
—8"8
52,474,548
51,418,274
+2-1
61,360,621
The full details of clearings for the week covered by the
above statement will be given next Saturday. W e cannot, of
course, furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in all cases estimated, as we go to press Friday night. Below
are our usual detailed figures for the previous week, that is
covering the returns for the period ending with Saturday
noon April 16, with the comparative totals in 1891.
The observance of Good Friday as a holiday becomes more
general each succeeding year, and the suspension of business
on that day by the various Exchanges at New York and some
of the other important centres of trade accounts in great
measure for the falling off in the total of clearings in the
current statement from the aggregate for the preceding week.
Week End'g April 9
P. Cent.
$
$ . !
685,815,109 676,820,954
. (1,125,865) (1,278,691)
(297,100)
(715,700)
(65,408,712) (74,255,075)
(232,000)
(280,000)
Total Middle.
CLEARING H 0 U 8 E RETURNS.
1891.
St. Louis......
New Orleans.
Louisville.....
Memphis......
Galveston....
Houston.......
Nashville...;.
Norfolk........
Dallas............
Fort Worth..
Birmingham.
Waco.............
Chattanooga.
Savannah*...
Atlanta*.......
Total Southern...
Total a ll......... .
Outside New York.
1,139,937,252 1,127,955.735
454,172,143 451,134,781
12,705,540
Montreal*..
985,184
Halifax*.,..
4,915,75;
Toronto*...
1
Hamilton*.
* Notincluded in totals.
9.323,393
1,121,701
-
+7-1
+11-4
—6-0
+9-5
+4-5
+1-9
+1-6
+1*1 1,221,421,313
-+0-7 457,169,904
+36-9
—12-S
...
10,775,970
1,180,70E
6.514,0r
«11,82 äi
-4 1
+14-9
+6-8
+14-2
—10*3
THE
T662
CHRONICLE.
TH E
STATE AflB CITY BEfAftTWENT,
See pages 694, 695, 696, 6 9 ?
a n d 6 9 S for our State
and City Department to-day.
All advertisements with relation to State and City Bonds
will likewise be found on the same and following pages.
A n e w e d i t i o n o f tlie
ST A T E AH® CITY S U m E W E K T ,
revised to as near the day of publication as possible, will be
^issued early in the month of May.
THE F IN A N C IA L
SITUATION.
Other than the action of the Pennsylvania Eailroad
with respect to coal freights which we have
remarked upon in a subsequent article, and the rise in
foreign exchange to the gold-exporting point with the
engagement of I f million dollars for shipment to-day,
the events of the week have had no present influence
on the markets. That the Legislature of the State has
adjourned is always to an extent a satisfactory an
nouncement, for business interests can then rest from
the fear of any change in existing laws, a possibility
while the session lasts of more or less disturbing influ
ence.
Before adjourning, however, the Assembly
killed the 5 per cent interest bill, which, so long as it
was pending, could not but be a cause of anxiety;
but it' also killed the Savings Bank Investment bill,
which if enacted would have proved a very wholesome
measure, but was antagonized by some of our leading
city officials, because the city has bonds for sale and
wished to keep the market for savings banks as con
tracted as possible ; that policy is a very narrow one,
and if savings bank depositors would only bestir them
selves and look after their own interests it could not be
long persevered in. One other event should not be
passed by without notice, and that is the close on
Thursday of the voting on the proposed amendment
to the constitution of the New York Stock Exchange,
which amendment authorizes the Governing Committee
to adopt a Clearing-House system for clearing all stock
transactions. As there were only 244 votes polled
against the proposal, and as all not voting are counted
in the affirmative, the amendment has been adopted,
and it is now announced that on Wednesday of the
coming week the Board of Governors will meet and con
sider the subject.
A very amusing incident occurred this week in the
Senate Chamber at Washington. One might easily
suppose that the action taken by that body was a mere
Kindergarten exercise, an object lesson for the purpose
of imparting the rudiments of finance to our silver-pro
ducing States; the only fact that stands in the way of
such an interpretation is that the Senators from those
States are found to have voted in favor of the measure.
It seems that the Territory of Arizona wants to borrow,
and finds that if it agrees to pay in gold it can get the
funds it needs at about 5 per cent, but if it agrees to
pay in “ lawful money” it will have to pay 7 per cent
or more for the loan. Very naturally therefore, al
though the territory produces silver, it desires to put
out gold bonds, and asked the Senate to grant
the authority. When the measure came up for action
one of the silver Senators moved that the word “ gold”
[VOL. L IY .
be struck out and that the words “ lawful money” be
substituted, and the motion was adopted by one or two
majority.; The effect of this action evidently can only
be to present before the eyes of the whole country a
practical demonstration of what this senseless silver
agitation is eosting us by driving capital away.
As Senator Vest said on another occasion, nothing “ is
“ so timid as capital, and to-day this silver question is
“ throwing its pall over all the industries and interests
“ of the people of the United States.” And Mr. Louis
R. Ehrich, of Colorado, stated in his address at Colo
rado Springs in December 1891 that “ the whole coun“ try suffers from it, but Colorado especially. Devel
o p m e n t in this State is temporarily paralyzed. No
“ money comes here for investment. Business is dull.
“ Land attracts no purchasers. We are being injured
“ more every month than a 33 per cent bounty on Col"“ orada silver would benefit us in a year.” These
extracts cover the great truth which the action of the
Senate this week has brought into such prominent
light. By all means, Messrs. Senators, leave the Ari
zona bill as you have passed it. In its present shape
it will make a sound money missionary of every A ri
zona man, and indeed of many other men who know the
difference between paying 5 per cent and 7 per cent
interest for money.
The market for money continues to be abundantly
supplied. Five of the larger banks last week reported
$4,294,700 surplus reserve out of the $15,788,500 held
by all the banks in the association. Money on call, so
far as it is represented by bankers* balances, has loaned
at I f to 2 per cent, and the bulk of the business was at
the last named figure, the lower rate being usually re
corded after the demand for the day had been satisfied.
On time lenders are accepting good mixed security, and
the offerings are liberal not only from the city but from
out of town. The demand is also good, and rates are 2 per
cent for thirty days, 2 f per cent for sixty to ninety days,
3 per cent for four months, 31 per cent for five months
and 4 per cent for six to eight months. On ordinary
collateral, including industrial properties, the rates are
£ of 1 per cent higher than these figures. For com
mercial paper the demand continues good and offerings
are promptly taken, so that there is no accumulation
of names. The supply is gradually increasing, as is
natural at this season, but rates remain unchanged at
3 f per cent for sixty to ninety-day endorsed bills receiv
able, 4 to 4 f per cent for four months commission hous®
names, and 4 f to 5 per cent for good single names hav
ing from four to six months to run.
With the exception of a defalcation amounting to
about 1,700,000 marks by a trusted clerk in the Berlin
branch of the Rothschilds, there has been nothing of
importance occurring in Europe this week. It is offi
cially announced that the new Austro-Hungarian loan
required to provide gold needed for the change in the
currency of the Empire is £30,000,000. The cable
! reports discounts of sixty to ninety day bank bills in
London I f per cent. At Paris the open market rate is
2 f per cent; at Berlin it is I f per cent, and at Frank
fort I f per cent. The Bank of England gained £72,000
bullion during the week. This, as we are advised by
special cable to us, was due to the import of £113,000,
principally from Australia and Portugal, to the export
to Russia of £19,000, and to the shipment of £22,000 to
the interior of Great Britain. The Bank of France
gained £296,000 gold, and the Bank of Germany since
the last report shows a loss of about £108,000 of this
metal.
s
s
\
{
\
1
\
\
(
' \i
\4
A pr il 23, 1892.]
THE
CHRONICLE.
663
Foreign exchange has been dull but firm and higher
this week, influenced by a demand to remit for stocks
sold for European account, which selling has been lib
eral. As a consequence of the rise in rates, gold ex
ports have again been made possible, and yesterday
$1,750,000 was engaged for shipment to Europe. The
market opened on Monday at unchanged figures com
pared with the previous Friday. On the following day
Brown Bros, advanced to 4 87 for long and 4 88^ for
short and the Bank of British North America and the
Bank of Montreal moved up to 4 87i for the former
and 4 89 for the latter. On Wednesday Baring, Magoun & Co. also advanced to the same figures, and on
Thursday Brown Bros, posted the same rates. The
market closed firm yesterday at these quotations.
Rates for actual business were 4 86f to 4 87 for 60-day,
4 88 to 4 88i for sight, 4 88£ to 4 88| for cable trans
fers, 4 86 to 4 86^ for prime and 4 85^ to 4 8of for
documentary commercial bills.
The developments in the anthracite coal world invest
with additional interest the monthly statement of pro
duction, stocks, etc., issued this week by Mr. John H.
Jones, the Chief of the Bureau of Anthracite Coal
Statistics. During March, it appears, the output was
557,390 tons, or over 20 per cent, greater than during
the corresponding month last year. Of this increase
201,057 tons was contributed by the Schuylkill region,
322,698 tons by the Wyoming region, and 33,635 tons
by the Lehigh region. Under such an enlargement of
the output, it would not be surprising to find some
addition to the total of tidewater stocks. On the con
trary these stocks, though still heavy, have fallen off
slightly, the amount reported March 31 1892 being
821,023 tons, against 885,653 tons on tlie 29th of Feb.
ruary. It follows, therefore, that the quantity of coal
disposed of by the companies, or the apparent con
sumption, must have been heavy. In the following we
furnish a comparison between this year and the two
years preceding.
to the fact that in the results disclosed the exhibit is
among the most favorable ever published by us. In
gross earnings the increase over last year is more than 7£
million dollars, an amount previously unexcelled. For
March only a few statements have as yet been received *
two or three of these were alluded to by us last week!
Among those that have come to hand this week there
are the Pittsburg Cincinnati Chicago & St. Louis,
which reports $174,752 increase in gross and $36,050
increase in n e t; the Pittsburg Youngstown & Ashta
bula, with $38,952 increase in gross and $15,030 in
crease in n e t; and the West Virginia Central & Pitts
burg, with $4,838 increase in gross and $1,721 increase
in feet. Most important of all, we have had the return
of the Baltimore & Ohio. This road shows a large gain in
gross— $181,983—but owing to a heavy augmentation in
expenses, caused by large expenditures for improve
ments and betterments, the net earnings indicate a
slight falling off— in amount $17,044. For the six months
since the close of the last fiscal year on September 30,
gross earnings have increased $937,872 while net has
decreased $71,721, there having been an augmentation
in expenses in amount of over a million dollars, occa
sioned mainly as in the other case by heavy outlays for
betterments. It is proper to add that the Baltimore &
Ohio has this week begun the payment of cash diyidends— after a long interregnum. The dividend is
per cent, and is declared out of the earnings of the
three months ending December 31. The Chicago &
Northwestern has furnished its gross earnings for
March, and the gain over last year is very lar^e—~
$468,991.
The stock market this week has been irregular, but
with the tendency of prices downwards. The coal stocks
were strong at first, but on the announcement of the
reduction in anthracite coal rates to the seaboard by
the Pennsylvania a general decline ensued, under which
a drop of several points occurred in Reading and some
of the other coal stocks. Subsequently, there was some
recovery
in these properties. London has evidently
March.
January 1 to March 31.
Anthracite Coal.
been selling stocks quite freely during the week, and
1802.
1891.
1890.
1892.
1891.
1890.
this has tended to depress the general market. New
Stock beginning..
Tons.
Tons.
Tons.
Tons.
Tons.
Tons.
of period.........
885,653
841,682 1,148,380 754,438 535,652 1,026,107 York & New England and Western Union have been
Production.......... 3,072,849 2,515,459 2,105,461 9,099,689
8,031,622 6,244,492 quite strong all through, and Lake Shore at times has
Total supply.. 3,958,502 3,357,141 8,253,841 9,854,121
8,567,274 7,270,599 also evinced considerable strength.
Yesterday North
St’k end of period
821,023 784,587
998,309 821,023 784,587
992,309
Disposed o f.... 3,137,479 2,572,554) 2,261,532 9,033,098
7,782,687 6,278,290 ern Pacific was weak, and the whole market was un
favorably affected by the news of the gold engagements
Thus 3,137,479 tons were apparently disposed of by for to-day’s steamers.
the companies in March 1892, against only 2,572,554
The following gives the week’s movements of money
tons in March 1891, and 2,261,532 tons in March 1890.
Going back to 1889 we find that the consumption then
Received by Shipped by
Week Endino April 22, 1892.
Net Interior
was but 2,041,496 tons. For the first quarter of the
N.Y. Banks. N. Y. Banks.
Movement
year the consumption for 1892 is 9,033,098 tons, against Currency.................................
$3,144,000 $1,605,000 Gain.$1,539,000
450,000
300,000 Gain. 150,000
7,782,687 tons in 1891, 6,278,290 tons in 1890 and Sold..............................................
Total gold and legal tenders.... $3,594,000 $1,905,000 Gain$l,689,000
6,576,627 tons in 1889. In other words, there has
Result with Sub-Treasury operations.
M
been an increase as compared with last year of about
l i million tons, an increase as compared with 1890 of
Into
Week Ending April 22, 1892.
Out of
Net Change in
Banks.
Banks.
Bank Holdings.
over 2 f million tons, and an increase as compared with
Banks’ interior movement, as above $3,594,000 $1,905,000
1889 of about 2£ million tons. Of course a possibility Sub-Treasury operations............... 16,100,000 14,100,000 Gain.$l,689,000
Gain. 2,000,000
Total gold and legal tenders... $19,694,000 $16,005,000 Gaia $3,689,000
always exists that there may have been an increase in
the acculumations of coal at interior storage depots, on
Bullion holdings of European banks.
which point we have no information, but where the
April 21, 1892.
April 23, 1891.
Bank of
apparent consumption records so noteworthy an expan
Gold.
Silver.
Total.
Gold.
Silver.
Total.
sion as in this instance it is safe to assume that there
£
£
£
£
£
£
Bngland........ 24,409,119
24,409,119 21,803,253
21,803,253
has been a decided increase in actual consumption—
57,439,682
49,207,000 49,915,000 99.122.000
and that is always an encouraging circumstance under Germany.. .. 35,095,600 ll,6í'8,500 ¿3,794,000 29,636,667 14,818,333 44.455.000
Aust.-Hun’y. 6.481.000 16,739,000 22,220,000 5.427.000 16,585^000
22.012.000
any condition of the coal trade.
Netherlands.. 3.814.000
On another page we present our review of railroad
gross and net earnings for February, and call attention
6.823.000 10,637,000 3.933.000 5.623.000 9.556.000
2.816.000 1.408.000 4,224,000 3.076.000 1.538.000 4.614.000
Tot.this week 129,045,301 87,577,401 216,622,702 113,082,920 88.479.333
201,562,253
Tot. prev. w’k 128,832.639 87,513,860 215,746,489 112,041,244
88.015.333 200,056,577
Nat. B’lgium.
THE
664
[V ol. LTV.
CHRONICLE.
business dull by checking enterprise, and finally bring
More recently, and
since so much that we asserted has come true, we have
We have received this week an abstract of the often stated that the event had justified our forecast,Director of the Mint’s report on the production of simply because it was such an obvious conclusion when )
gold and silver in 1891, which was sent to^ Congress on we made it, the attempt of Congress being as futile as\
Monday. The report covers the same points it always the effort to block by statute the action of any natural ,
covers— not only the output of the mines of the United law and more harmful than almost any other similar j
States, but of the whole world. The 1891 figures for attempt, because tampering with the basis of all values^
the world ap'pear to be more complete than figures could not fail to he universally disturbing.
We refer to this feature here because the official^
given a year ago for 1890, Mr. Leech having sent this
report to Congress about two months later than the facts now made public by the Mint Bureau disclose in
issue of his previous report, no doubt with the purpose part the workings of our 1890 Silver Bill which we soo f getting fuller facts. There are some interesting clearly forecast. First note the silver product of the;
and instructive deductions which the present exhibits United States, as given in the above statement. A help
authorize and which we shall refer to shortly. We to the interpretation of those figures will be gained if
give first the results of the United States production the reader bears in mind the fact that the new move
of both gold and silver in ounces and in dollars. Simi ment “ in behalf of silver ” which culminated in our
lar figures for previous years we take from former 1890 silver legislation, began in 1888. In the first half
of that year (May 19 1888) the lowest price was
Mint reports.
— Silver Production.—
— Cold Production.— v
recorded for bullion (41fd.) ever reached up to that
Dollars.
F ine Ozs.
U n it e d S ta te s.
Dollars.
F ine Ozs.
40.800.000 31,550,000 time or since until 1892.
To rescue the metal from
1879
................... 38,900,000 1,881,787
39.200.000 30,320,000 this low estate was the stimulus which incited the new
1880
................... 36,000,000 1,741,500
43.000.
000 33,260,000
1881
...................34,700,000 1,678,612
resolve to compel an increase in the Government pur
46.800.000 36,200,000
1 8 82
...................32,500,000 1,572,187
chases of silver. We have not the space to give the
46.200.000 35,730,000
1883
...................30,000,000 1,451,250
details or progress of the agitation to that end in and
48.800.000
37,800,000
1 8 8 4 ........................... 30,800,000 1,489,950
out of Congress. It is sufficient to say that the price
1885
............
31,800,000 1,538,325 51.600.000 39,910,000
of silver which began to rise in 1888 with wide fluctua
50.000.
000
39,440,000
1886
.................. 35,000,000 1,693,125
53.350.000 41,260,000 tions, even touching 44 3-16d. in September 1888,
1887
.................. 33,000,000 1,596,375
59.195.000 45,780,000 averaged 43 3-16d. for 1889 and 47 ll-16d. for 1890,
1888
...................33,175,000 1,604,841
64,646,464
50,000,000
1889
.................. 32,800,000 1,587,000
and 45 l-16d. for 1891, but now has fallen to about
THOUGHTS
SUGGESTED B Y
REPORT.
THE
M IN T disaster to our monetary standard.
70,464,645 54,500,000
1,588,880
33,175,000 1,604,8407 5 ,4 1 6 ,5 «» * «,3 3 0 ,0 0 0
1890
.................. 32,845,000
1 8 91
........
39^d.
During all this period the silver production of the
United States, as will be seen, has been increasing
at an accelerated pace. The total for 1887 was 41,260,000 ounces, in 1888 it was 45,780,000 ounces, and since
that year it has been added to at about the rate of 4£
million ounces a year, until in 1891 it reached 58,330,000 ounces. In other words, we are now producing in
the United States over 17 million ounces of silver more
than we produced in 1887, that is, than we produced
in the year before the new agitation began whic
ended in the adoption by Congress of the 1890 measure
d e s i g n e d to lift silver on to a higher plane of value.
This is the first important fact which will strike the
observer’s attention on a study of the new report of the
Director of our Mint. Another quite similar fact, be
cause it relates to this same subject of production, wil
make it necessary to bring forward the figures showin
the yield of silver in the whole world. Mr. Leech ha
kindly furnished us by telegraph with the details fo
the last three years, and we append them to the state
ment prepared by us two years ago by reducing th
figures in the Mint reports of former years to ounces.
No special interest attaches to the gold product in
the United States. It is a good many yeais now since
any material change in the annual output of that metal
has been reported. Indeed the average for the last ten
years is about 32-^ million dollars* and the 1891 product
did not vary to any important extent from that average.
There is an increase over last year* but it is slight, be
ing only $330,000, due as the Director says in part to
improved processes of treatment and in part to an in
crease in the gold extracted from lead and copper ores.
Mr. Leech gives the net loss of gold in 1891 on the im
port and export movement at $33,888,571; he also states
the value of gold used in the industrial arts at $19,700,000, of which $10,697,679 was new bullion, hut does
not disclose where the balance used in the arts of over
9 million dollars came from; that is how much of it
from coin melted down and how much from old metal.
He states however that the stock of gold in the United
States was $688,665,211 on January 1 1892 against
$704,597,128 on January 1 1891, or a decrease in stock
of $15,931,917; as we lost by export according to his
figures $33,888,571 and produced only $33,175,000 he
has in making up his stock for January 11892 evidently
taken from the old stock $15,218,346 of the amount
($19,700,000) which was absorbed by the. arts—tnat is
$10,697,679 of new bullion and $4,520,667 which would
appear to be the net amount of coin melted down dur
ing 1891.
Dor evident reasons chief interest centres in the
product of silver. Our Government has adopted a pol
icy the object of which is to corner that metal and so
regulate the price of silver bullion in the markets of
the world. Often, while Congress was engaged in for
mulating the measures adopted for this purpose, we
showed that such an attempt was merely striving after
the impossible, and if persevered in would end in a
ltfwer price for silver than had ever been reached, make
S IL V E R P R O D U C T IO N O F T H E W O R L D ( i f l OUHCCS.)
TTnited
O u n c e s . ^States.
Mexico.
South and
Cent. Amer.
20,891,000 9,133,095
A ll other
Countries.
8,491,905
Total
World.
1878
34,960,000
1879
1880
31,550,000
30,320,000
73,476,0
1881
33 260,000
21,402,605
13,534,733 10,692,662 78,390,0
1882
S^OO.OOO
22,610,747
15,012,080 12,647,173 86,470,0
19,459,774 13,534,733
9,705,493
74,250,0
19,459,774
13,534,733 11,476,493 74,791,0
1 8 8 3 -3 5 ,7 3 0 .0 0 0
22,866,967
19,948,687 10,631,346 89,177,0
1884 ..3 7,80 0,00 0
21,079,662
15,308,668 7,408,670 81,597,0
1 8 8 5 -3 9 ,9 1 0 ,0 0 0
24,833,614
16,784,183 10,124,203 91,652,0
1 8 8 6 .-3 9 ,4 4 0 ,0 0 0
25,520,221
17,936,434 10,379,345 93,276,0
1887 -4 1 ,2 6 0 ,0 0 0
29,054,560
15,592,817 10,233,623 96,141,0
1 8 8 8 -4 5 ,7 8 0 ,0 0 0
31,995,370
18,447,846 12,664,784 108,888,0
1889 — 50,000,000
36,772,312
17,142,641 19,290,035 123,204,9
1890
54,500,000
37,400,344
18,430,540 22,501,748 132,832,6
1891 -5 8 ,3 3 0 ,0 0 0
38,671,875
19,728,960 24,134,683 140,865,5
A pril 23, 1892.]
TH E
CHRONICLE.
665
Here we have just the same progressive movement in ■“ States (including his own) will not hereafter be able
the silver output during the last four years from the \“ to act in association with Republicans.” We have
mines of the whole world that has been observed in the just returned from Colorado and California, and while
United States figures, only the increase is larger. That absent have made it an object to acquaint ourselves
is to say, the impulse which our legislation gave to pro with public opinion— and we wish to put by the side of
duction, was an impulse which was felt to a greater or the above notice two statements— (1) that in our opin
less extent in every producing country. Instead of the ion, if the party referred to would turn its back on its
new supply of 1891 being 96,141,000 ounces as it was latest act and eome out openly for sound money it
reported in 1887, the aggregate is found to have been would increase its vote in California, and it would not
140.865.000 ounces, or an increase in four years of net a loss of a single vote in Colorado; and (2) that
44.724.000 ounces. What an amazing growth ! If that though Senator Teller’s standing in his own State is
result fails to change the ideas of any honest man who deservedly high, it is because of his many attainments
has hitherto believed that the United States is able and excellences of character and not because of the
single-handed (that is without the help of other com silver rattle he carries.
mercial nations) to lift the price of silver to its old
equivalent, we cannot help thinking that he is either THE CONTEST BETW E EN READIN G AND
stupid or prejudiced. Even in May 1890 this condi
P E N N SY L VANIA.
tion appeared obvious to those having no interest in
There
can
be
no doubt that the action of the Penn
silver mining* we did not get far from the truth when
sylvania
Railroad
in reducing the rates on anthracite
(speaking of the influence on silver production of the
coal
to
the
seaboard
is significant, and yet its import
measure Congress was about to enact) we not only said
ance
as
a
disturbing
factor in the situation may be
in substance, but also showed that the proposed bill
easily
exaggerated.
As
we look upon the matter, the
would hardly go into operation before over-production
Pennsylvania
has
taken
this
step simply out of a desire
would of itself burst the barriers which legislators were
to
protect
its
interests
and
those
of its patrons. We do
seeking to erect for the purpose of keeping the market
not
believe
that
the
moving
purpose
was to assume or
short of supply and so regulating the value of that
metal. The result of that efEort was in sight then, it is declare hostility against the Reading. In fact we
demonstration now ; furthermore, it is^at this moment doubt whether considerations of that kind would have
equally unquestionable that there never can be any per any weight with the management. It is fair to assume
manent recovery in the price of silver until the Govern however that the action is intended as a notice to ship
ment stops its cornering operations, which are not only pers that the Pennsylvania will undertake to place its
patrons on a basis of equality with those shipping over
of no benefit but an absolute menace to the market.
We will only detain the reader with one more other routes.
As to the circumstances that have led up to the
thought, though this report is a text for many a moral.
present
action, it does not admit of question that many
The thought we have in mind helps further to disclose
of
the
developments
connected with the Reading com
the impotence of the United States acting alone to
bination
have
been
antagonistic
to Pennsylvania inter
rescue silver. Much has been said about increasing our
ests.
But
that
was
inevitable
and
could not well have
Government purchases of bullion. Facts given above
been
avoided.
In
the
coal
trade
the effect of the
most clearly establish the folly of such a course. But
scheme
has
been
to
give
the
Reading
enormous power
the proposal suggests an inquiry— the reach of which
few we think fully apprehend— with respect to the pro and influence. Moreover, its general position has been
portions of the venture which the United States has greatly improved thereby— its credit, prestige and finan
already undertaken for silver. What have we done the cial standing strengthened. The Pennsylvania man
past year towards absorbing the market’ s new supply of agers could hardly be oblivious of this fact, nor of its
that metal? This country’s product in 1891 was, as we general bearing and significance. But the Pennsylva
have seen, 58,330,000 ounces. Mr. Leech tell us that in nia has also sustained some direct loss through the new
1891 the Government bought 54,393,912 ounces, and arrangements, as for instance in the use by the Lehigh
that there was used in the industrial arts of new bullion Valley of the Central of New Jersey line into New
$7,289,073 worth; since the Government purchases are York instead of the Pennsylvania line, which the Lehigh
said to have averaged for the year $0*989,the amount used Valley had previously used.
In regard to the change in the method of fixing rates
in the arts at that rate would be 7,370,142 ounces. In
on
anthracite, which has been the immediate cause of
other words the people of this country took off the mar
the
reduction now announced by the Pennsylvania, it
ket in 1891 a total of 61,764,054 ounces, although our
seems
clear that such change impelled action on the
total production wa^> only 58,330,000 ounces, and yet
part
of
the Pennsylvania.
Since the Reading has
the price declined alLthe year through. Or perhaps it
acquired
control
of
the
Lehigh
Valley and the Central
will be plainer and a little more striking if we put the
problem in its broadest form. That is to say, out of a of New Jersey it has sought to obtain control also of
total new supply of 140,865,000 ounces which the world the product of many of the independent collieries. It
has had in 1891, the United States in its efforts to con has bought up directly the product of several of the
trol price has withdrawn from market 43 85-100 per largest of such collieries, and has been making agree
cent, or a trifle less than 44 per cent of the whole, and ments generally with the independent producers to
je t price has gone down. Could figures be more con carry their coal to market for an agreed percentage of
clusive than these are of the vanity of all action by the selling price at tidewater, the producer to get 60
the United States alone to bolster up the falling silver per cent of such price and the carrier to take the other
40 per cent for its compensation in transporting the
market ?
Senator Teller of Colorado has this week in the coal. The contracts have been usually for a period of
Senate given notice to “ the leaders of the Republican seven years. It has been assumed that the Reading’s
party ” that if more than is now being done is not done object was to obtain complete monopoly of the anthra
hereafter for the silver industry “ four silver-producing cite trade. The action of the Pennsylvania shows that
666
THE
CHRONICLE.
[V ol, M V ,
a monopoly could not in any event be established with proportion the Reading takes under the new contracts)
out the co-operation of that corporation, and we think would make the average freight charge $1 44. The
that the considerations that dictated the adoption of Pennsylvania has arranged a schedule of fixed rates to
the percentage method were of a totally different produce that average. The previous average was $1 70,
nature. The main purpose, we take it, was to con so that there is a reduction of 26 cents a ton.
Some see in this action indications of a serious rate
ciliate the independent shippers by granting rates that
could not but prove more satisfactory to them than war. We cannot view things quite in that light. Of
course no one can affirm definitely just what the final
those previously exacted.
outcome
will be. But as far as matters have gone, we
It will be remembered that some of these independ
cannot
see
that the Pennsylvania has declared war or
ent producers have long claimed that the fixed rates on
anthracite were too high, and entirely unfair to the in given any provocation for war. On the contrary, if
dividual shippers. It was this feeling that induced the facts are as represented it has merely adopted a
the bringing of an action before the Inter-State Com schedule of rates to conform with that already in
merce Commission, a few years ago, against the Lehigh force on the Reading. More than that it was not
Valley, by one of the largest of the individual shippers. required to do; less than that it could not do. We
It was contended that the anthracite companies, being do not believe, either, that the Reading man
both miners and shippers of coal, could afford to stand agers expected any other result. It is inconceivable that
some loss on their mining operations, since they were the Pennsylvania should continue in the coal-carrying
sure of a large profit on the freight received in trans business with an average difference against it on rates
porting the coal. Not so the individual operator. If of 26 cents a ton. It has been reported in some of the
the price at tide-water was such that after deducting paper* that the Reading managers will ignore the action
the railroad charge the remainder was insufficient to of the Pennsylvania. It strikes us there is no occasion
pay the cost of mining the coal, the producer had to to do anything else, since, as already said, if there has
pocket the loss—there was nothing against which the been no mistake in the calculations, rates on the Penn
loss could be offset. It was to overcome this objection, sylvania have simply been placed on a basis of equality
we conceive, and to avoid future complaints from that with those on the Reading. It is true Pennsylvania
source, that the new basis of making rates was adopted. officials have also intimated that should the price of
Entirely apart, however, from such considerations, coal decline sq as to make the freight charges on the 40
the new method, it seems to us, is an eminently fair per cent basis less than $1 44 the Pennsylvania would
one. If the selling price of coal goes up both the ship still further lower its tariff. But as to this, it is only
per and the carrier benefit by the advance; if, on the necessary to remark, what everyone knows, that the
other hand, the price goes down, the carrier bears part tendency of coal prices now is in the other direction.
of the loss or reduction, instead of compelling the The Reading combination was formed not to reduce
miner to assume the whole of it as before, when the prices but to maintain them, and it seems unlikely
carrier exacted a fixed charge for the shipment no that there will be any deviation from this policy..
matter what the price.
It will be remembered that Furthermore, it is important to note that Freight
the scale of wages in some of the regions has long been Agent Joyce states that rates on the Pennsylvania will
fixed in much the same way, the rate being governed not only be reduced with a fall in price, but raised with
by the price received at the mines. Nor is the idea of an advance in price, from which it is very evident that
making the freight charge dependent on the selling the only object is to make the rates correspond with
price of coal a recent or entirely original device. It those on the Reading. The managers of the other
has always been understood that other companies were anthracite companies appear to take the same view of
taking coal on that plan, though the basis of division |the matter, since, according to the press accounts, the
between carrier and producer may have been different presidents of those companies met on Thursday and
agreed not to make any change in existing tariff?.
from that now followed in the Reading contracts.
It will be gathered, from what has been said, that we
But though the method seems fair and above criti
cism, it was of course entirely optional with the Penn see nothing very threatening to the peace of the rail
sylvania management whether to adopt it or not. It road, world in the erents which have occurred. Differ
has been stated that through this method the Reading ences may arise and relations may become strained, but
had secured the product of some large collieries which the interests at stake are too large to permit any general
had formerly shipped over the Pennsylvania. Be that fight. As far as the Pennsylvania is concerned, there
as it may, it is obvious that if by this method a shipper is a very large English ownership in the property, and
obtained more favorable rates than by the old method, that would certainly look with marked disfavor upon a
and which method still governed on the Pennsylvania, rate war. These owners have a vivid recollection of the
it was incumbent and obligatory upon the latter to unfortunate results attending previous rate wars, both
change its rates accordingly if it would retain its busi in the East and in the West. Then also the so-called
ness; otherwise shippers would be to the extent of the banking interest is still powerful among the trunk
difference at a disadvantage with shippers over the lines, and of course also the Reading combination must
Reading, and competition between the two rendered have a strong financial backing, which could hardly
But most important
impossible. In adjusting the rates there were two afford to allow a serious quarrel.
courses open to the Pennsylvania— one was to adopt the of all, the managers on both sides are men of great
percentage method the same as the Reading, the other ability and sound common sense, and know that noth
was to retain the fixed basis of rates but make the ing can'be gained by reckless strife, and that the best
rates conform to those reached under the percentage results will be attained through harmony and co-opera
method. The Pennsylvania managers elected to follow tion. The Reading people have shown themselves to
. ■ Pennsylvania
the latter course. According to General Freight Agent be shrewd, far-seeing persons.
management,
in
enterprise,
energy
and conservatism,
Joyce of that company, the average price of the various
stand
second
to
none
in
the
world.
They will insist
sizes of anthracite at tide-water at the present time is
on
their
rights,
but
will
be
equally
careful
not to in$3 60 per ton, Forty per cent of this (which is the
APfilL 28, 1882.]
-----
— .........—........... ..
THE
CHRONICLE.
Y o lv e t h e g r e a t p r o p e r t y u n d e r t h e i r c h a r g e i n n e e d l e s s
(/loss.
tT IIE CENTRAL OF N E W JE R S E Y REPORT.
)
| The annual report of the Jersey Central, just issued,
/ possesses special interest at this time. The general
r’results of operations for 1891 have already been given
l.b j us, haying been published in our issue of March 5,
'.and these results remain unchanged ; but of course the
/ report furnishes much other information and statistical
/details, all of which at the moment are interesting not
|only on their own account, but possess added value by
reason of the bearing they have on the lease of th®
j property to the Reading and the situation under it.
It is within the knowledge of all how completely
this property has been transformed in recent years—
how it has been raised from a level of bankruptcy and
operation by a Receiver to a plane of prosperity—
how its finances
have been improved — how
its business and traffic have been developed and
extended, and how the road has been advanced to a
dividend-earning capacity under the change. In the
circumstances one is not surprised to learn that
gross earnings from traffic, according to a statement in
the report, exceeded by $527,123 the earnings of the
year preceding and were the largest in the history of
the company. As showing, moreover, the progress
towards higher totals in all departments, it is worth
noting that while a large proportion of the gain was
derived from the coal business, yet there is an increase
in every one of the items of receipts which are separ
ately reported— that is, in passengers, in merchandise
freight, in express, in mail and in miscellaneous.
Of course a large part of the road^s income is derived
from the transportation of anthracite coal, and on that
account the road is denominated an anthracite coal
road. In the late year there was a slight increase in
the tonnage of anthracite, and the company moved
altogether over 71 million tons (7,512,54=4 tons). On
the other hand, the tonnage of merchandise freight,
including bituminous coal, was also large, reaching as
much as 6,627,358 tons. The anthracite coal, however,
was hauled much longer average distances than the
merchandise freight, and hence the former is repre
sented by an aggregate movement of 688,193,670 tons
one mile, and the latter by an aggregate of only 361,247,639 ton-miles. As compared with the year preced
ing, the anthracite coal freight increased 49,015 tons
and the general freight as much as 225,557 tons, the
increase in ton miles being respectively 33,328,291 tons
and 19,206,715 tons. Most pronounced, however, has
been the increase in the number of passengers carried,
which for 1891 was 14,827,506 against 13,716,832 in
1890, the addition in this one year thus having been
over a million— 1,110,674. As the increase in the pas
sengers carried one mile was relatively much smaller,
being only 1,745,384, it follows that the growth must
have been chiefly in the local or short-distance
travel.
• If we extend the comparison further back we find
that the growth in passengers and in merchandise has
been much more pronounced than in anthracite coal—at
least since 1888.
Here is a table we have prepared to
show the volume of each kind of traffic yearly since
1887, and the revenue derived from the same. ' The
operations of the Hew York & Long Branch are not
included for the first two of the years given, but that
¿foes not materially affect the general results. ■
Central
667
of
1891.
1890.
Earnings—
$
$
Passengers.............. 3,145,613
3,095,814
Merchandise freight.
4,111,890 3,955,710
Anthracite coal....... ’ 7,023,290
6,725,696
202,599
192,324
Express....................
U.S. Mail.................
29,173
27,816
Miscellaneous..........
59,638 .
48,174
N. Y. & L. B. propor
tion local earnings.
78,454
80,999
1889.
g
2,742,-ill
3,450,808
7,366,034
187,641
25,270
40,835
Total.................. H,653,687
Expenses and taxes. 8,526,168
13,879,751
7,925,087
New
J
ersey.
14,126,583
8,161,275
66,912
18S8.+ 1887.+
§
g'
2,239,616 2,207,574
3,138,674 3,395,’774
7,50ol653 5,633,729
165,139
’ 80,797
21,499
23,533
88,893
84 267
...........
13,177,473 11,424,674
7.204,068 6,425,772
Net earnings...... 6,127,519
5,965,288
5,954,664
6,973 405 4,998,902
Passengers carried.. 14,827,506 13,716,832 12,645,149 11,461,569 10,664,755
No. one mile.........183,033,969 180,288,535 162,245,006 133,573,635 125,447,733
Tons of merchandise
freight*.................. 6,627,358
6,401,801
6,064,727
4,244,130 4,233,094
Tons one mile........ 381,247,639 342,040,924 280,566,213 259,932,355 272,006,428
T onsofcoal.............. 7,512,544
7,463,529
6,691,802
6,474,715 6,441,322
Tons One mile........ 683,193,670 654,865,379 699,694,231 678,174,762 538,998,756
* Including bituminous coal.
these years.
+ Not Including New York & Long Branch in
In. 1888 we see there was a very|heavy increase in the
anthracite freight, but since then the increase has been
but little over a million tons, while the merchandise
freight increased over 2 J million tons and the number
of passengers over 3£ millions. In the movement one
mile there has been an increase since that year of only
10 millions in anthracite coal but an increase of 101
millions in merchandise and an increase of 48 millions
in passengers. These figures demonstrate that while
the anthracite business still remains very prominent, it
does not form quite so large a proportion of the road*3
total business of all kinds as in the recent past. The fact
is very strikingly revealed in the case of the earnings.
The revenue from the transportation of anthracite coal
in 1891 was actually about half a million dollars less
than the revenue from the same source in 1888, though
the tonnage moved in 1891, as we have seen, was much
heavier. But while gross earnings from coal decreased
half a million the earnings from passengers and from
merchandise freight each increased nearly a million
dollars. In 1888 out of total gross of $13,177,473,
anthracite coal contributed $7,500,653, or about 57 per
cent of the w hole; but in 1891 out of total gross of
$14,653,687 anthracite coal formed only $7,026,290, or
not quite 48 per cent.
As the Central of Hew Jersey accounts do not in
clude the coal mining operations, these being repre
sented by the Lehigh & Wilkesbarre Coal Company
and the Lehigh Coal & navigation, both making sepa
rate reports, there are no such wide fluctuations in in
come, gross and net, as in the case of some of the other
large anthracite companies. The general tendency,
according to the above table, has been upward ; gross
has risen in amount in every year since 1887, and net
has also very greatly improved, though with some un
important variations. The report points out that the
expenditures for 1891 include $163,492 spent for re
newal of bridges and extraordinary repairs. The com
pany paid out in dividends during the year $1,455,430
(the dividends having been 6 f per cent), but over and
above this and all charges there is a surplus on the
operations of the twelve months of $932,014. On the
basis of full 7 per cent dividends (the present rate of
payment) the surplus would have been about $100,000
less. It appears that as in the previous year $428,120
was credited as “ income from investments” ’ for
coupons that matured on Lehigh & Wilkesbarre 7
per cent consolidated mortgage bonds owned by the
Central of Hew Jersey, but the payment of which
coupons was deferred. The transaction we are told
constitutes “ an investment in the 'securities of other
companies/ secured by said mortgage and re-payable
, “ hereafter out of the net income of the Coal Com-
668
THE
CHEONICLE.
“ pany." With this $428,120 eliminated, the surplus
above the 6 f per cent dividends would be about half a
million dollars. Total income from investments was
$844,628, and taking the whole of this out, even then
there would be a small surplus.
The latter calculation has an important bearing, since
under the lease to the Port Reading the Central of New
Jersey is guaranteed 7 per cent dividends apparently on
the traffic operations alone. President Maxwell, in a
supplemental report, refers to this lease, without,
however giving its exact terms. We are told that the
lease secures to the New Jersey Central the 7 per cent
dividends heretofore paid, together with one-half of
the net earnings above 7 per cent up to the maximum
of 10 per cent. %t In addition thereto the Central Railee road Company will continue to receive income from
“ certain real estate and other properties not included in
“ the lease." This income from certain real estate, &c.,
presumably means the whole of the income from invest
ments, though there is no definite statement to that
effect. Such an inference finds support, too, in the lan
guage and phraseology used in referring to the lease,
which is spoken of as a lease of “ your railroads.”
The figures above show that on the 1891 accounts
the 7 per cent dividends could be paid out
of net earnings independent of the income from
- investments, so that the Reading would not be in
volved in loss by reason of the lease. Supposing that
the whole of the $844,628 income from investments is
retained by the lessor company, this would afford
nearly 4 per cent more on the $22,412,000 of Central
stock. Rejecting $428,120 of this income, as represent
ing the unpaid coupons on the Lehigh & Wilkesbarre
bonds, the $416,508 balance of income from invest
ments which was received in the shape of cash would
yield nearly 2 per cent on the stock. The stock was
increased about 3 f million dollars during the year
(raising it to its present total) to take up the floating
debt and provide for other needs of the company, and
the company now has only such current liabilities as
are incidental to the operations of a large corporation.
The total of these current liabilities is not quite 3f
million dollars, while on the other hand the aggregate
of cash, accounts due and bills receivable is more than
five millions.
LV o l . L I V ,
months. The February exhibit is in sharp contrast
to that for January, when the gain in gross amounted
to only $1,146,223, while the net actually recorded a
loss of $881,126.
J
February.
(133 roads.)
1892.
1891.
January 1 to February 29.
(131 roads.)
Increase.
«
«
Gross eam’s 68,187,608 50,808,125
Oper. exp... 41,758.217 37,165,297
Net eam’s 16,429,889 18,640,828
1802.
1891.
Increase, s
9
«
*
$
7,381,481 114,988,317 105,970,950 9,017,387-,
4,592,920 84,096,627 77,110,148 6,986,479
2,788,561 30,891,690 28,860,802 2,030,888
In February of last year there was considerable ir- \
regularity in the returns of the different roads, but i
nevertheless a fair amount of gain in the aggregate,;
both in gross and net ; and in fact there have been
gains in that month for a great many years past. This
will appear by the following :
Tear
Given.
February.
1887 X 67)
1888 ( 74)
1869 ( 95)
1890 (115)
1891 (118)
1892 (133)
t
21,936,460
30,809,864
38,225,494
43,062,809
45,317,064
58,187,606
Jan. 1 to
Feb. 29.
1887 ( 58)
1888 ( 71)
1889 ( 91)
1890 (113)
1891 (118)
1892 (131)
Net Earnings.
Gross Earnings.
Fear and
number
of roads.
Increase or
Tear
Precedimi• Decrease.
Tear
Given.
Tear
Increase or
Preced'g. Decrease.
9
22,675,611
28,197,571
37,158,629
39,251,603
43,481,394
50,806,125
9
+2,200,849
+2,611,793
+1,060.865
+3,808,110
+1,832,070
+7,381,481
9
9
9
7,406,993 7,208,064
+143,380
8,876,601 8,587,670
+ 288,985
10,328,149 0,70.1,070
+ 565,070
11,713,620 10,910,022
+803,598
+ 854,100
12,840,957 11,492,857
10,429,889 13,040,828 +2,788,501
51,528,392 44,638,513
59,990,249 66,828,139
78,961,724 73,094,114
87,606,593 80,525,000
95,191,776 89,424,483
114,988,317 105,970,950
-16,894,879
+3,162,110
+5,867,610
+7,080,093
+5,767,293
+9,017,367
16,843,547
15,782,870
20,650,516
24,104,600
26,266,324
30,891,690
12,363,683
17,173,214
17.600,052
21,828,188
23,837,620
28,800.802
+2,889,804
—1,890,344
+3,050,464
+2,281,412
+2,428,704
+2,030,888
roads or systems. Some of these are of really note
worthy extent, especially in the case of the gross earn
ings. On the Pennsylvania lines east and west of
Pittsburg the improvement in gross amounts to over a
million dollars. On the Reading with the Coal & Iron
Company the increase is almost a million, and on the
Burlington & Quincy it is $830,481. The Atchison
with the San Francisco has $475,027 increase and the
St. Paul $425,110. The Missouri Pacific (including
the Iron Mountain) and the Louisville & Nashville
have each over a quarter of a million increase in gross,
and the Erie and the Baltimore & Ohio have both over
$200,000 gain. There is a whole host of gains below
the latter amount, and the following furnishes a com
plete list of the gains above $30,000, and also all losses
above that figure. It will be observed that there are
N E T EARN IN GS FOR FEBR UARY.
only two such losses, namely that of the Georgia Rail
It has been evident from the first that the statement
road, for $33,830, and that of the Oregon Improvement
of gross and net earnings for February would be a
for $43,174.
remarkably favorable one, and now that the results
P R IN C IP A L CH ANG ES Hi GROSS EARNINGS IN F E B R U A R Y .
fllPPPR sipfii.
are made up they even exceed the most sanguine
In crea ses.
C. C. & St. L. (2 r ’ds>.
$81,639
Penn. East & W est o f
expectations. In the very striking gains by individual Pitts. & Erie (2 r’d s)t$ l,0 1 1 ,4 3 2 Cl.
7 0 ,6 4 «
tiurl. C. R. & North.......
M exican Central............
69,221
Phila.
&
Reading
and
C.
roads and systems, in the large number of such gains,
68 ,037
& Iron Co. (2 road s). . . . 950,238 Northern P acific..........
6 1 ,1 5 «
Burl. & Q uincy....... 830,481 Minn. St. P. & S. S. M ...
in the very heavy aggregate amount of increase, both Clue.
57,624
Atch. and San Fr. (4r’ds).. 475,027 Louis. N. O. & T e x .........
Buff.
R.
&
P
.....................
50,044
Mil. & St. P aul......... 425,110
gross and net, and in the generally favorable character Chio.
49,413
Mo. Pao. and Iron M t___ 255,083 Minn. & St. L ouis..........
C. Ft. Scott & M ..
46,115
of the exhibits in differents parts of the country, the Louisville <& N ash ville... 254,875 Kan.
43,744
N. Y . L. Erie & W estern.. 224,220 Louis. N. A lb. & C .........
Col.
Hook.
Yal.
&
T
o
l...
43.460
Balt.
&
Ohio
(2
road
s)----214,740
statement has very few parallels and ranks among the
42,079
Grand Trunk (3 road s). . . *174,315 Intern at’ 1 & Gt. N orth..
Bal.
&
Ohio
Southw
est.
40,202
Illinois Central................. 161.853
very best ever published by us.
36,490>
Union P acific (9 roa d s)... 147,392 Lake Erie & W e s t e r n ..
35,638
In the gross the increase reaches over 7£ million dol D enver & R io G rande----- 145,778 St. Paul & D uluth.........
, N orfolk & W e s te r n ....... 144,378
T otal (representing
lars— $7,381,481. We do not think we have ever W abash ............................... 143,219
63 roads)................ $7,074,747
1 Nash. O, & St. Louis......... 142,184
before had a monthly statement with so large an Can. P acific........................ 117,875
D ecreases*
$43,174
i Southern Pao. (6 roa d s).. 108,507 Oregon Im p. C o ..............
amount of increase— certainly diligent search fails to . Northern C entral.............. 102,464 G e o rg ia .......................... . . 33,830
! Cin. N. O. & T. P. (5 r’d s). 86.204
reveal one. In ratio the gain is 14‘53 per cent.
In I Ches. & O h io...................... 82,062
T otal (representing
2 roa d s).................
$77,004
the net the increase is not up to the best of previous I W isconsin Central............ 81,805
I
On
the
basis
o
f
$5
to
a
pound.
_
,
months, and yet is very largo, reaching $2,788,561, or 1 t The gross on E astern lines increased $4 6'',77 7 and on W estern
20*44 per cent. Of course the month had an extra day 1 $543,655.
this year, but even allowing for that the showing is an j In the case of. the net, the individual gains, though
extremely favorable one. The following is a summary j not so large, are hardly less noteworthy. Here also the
of the aggregates, both for February and the two ' Pennsylvania heads the list, having an increase of over
THE
A p r il 23, 1892. J
half a million dollars. The Burlington & Quincy
; stands second with an increase but little less than half
§ a million. The Reading, with the Coal & Iron, has
I $253,961 increase, the St. Paul $171,327, the Denver &
Rio Grande $155,413, the Union Pacific $123,374, the
i Northern Pacific $102,396, the Louisville & Nashville
V$95,477, &c., &c. The following is the full list. As
7 in previous months the grain-carrying roads predomi1 nate.
/
P R IN C IP A L CH AN G ES IN
NET
/
In crea ses.
; Penn. E ast & W est o f
Pitts. & E rie (2 roads) t$513,145
Chicago B. & Q u in cy ...
475,366
Phila. & Read, and Coal
<fe Iron f'o (2 r o a d s )..
252,961
Chicago Mil. & St. Paul.
171,327
D en ver & R io G ran de..
155,413
U nion P acific (9 roads).
123,374
N orthern P a c ific ...........
102,396
L ouisville & Nashville .
95,477
Grand Trunk (3 roa d s).
*86,670
South. Pacific (6 roads).
81,787
Canadian P a c ific ...........
65,339
N orthern C entral..........
53,462
Illinois C entral..............
52,182
L ouisv. N. A lb. & Chic.
51,534
Nashv. Chatt. & St. L . i
44,219
EAR N IN G S IN F E B R U A R Y .
I n QTftflSCS,
Mo. Pac. & Iron Mount.
St. Paul & D uluth.........
Minn. & St. L o u i s .........
C.C.C. & St. L. (2 roads).
N orfolk & W estern.......
W isconsin C entral.........
A tch. & S anF. (4 roads)
Inter. & Gt. M o rth e m ..
$43,969
38,742
37,917
36,650
35,025
31,440
30,975
30,290
Total (representing 44
roads)T ..................... $2,609,660
Balt. & Ohio (2 ro a d s)..
G e o rg ia ...........................
$90,635
34,150
T otal (representing 3
r o a d s )....................... $124,785
* On the basis o f $5 to a pound.
. '
t The n et increased $263,962 on Eastern lines and $250,183 on
W estern.
It will he observed that the Baltimore & Ohio has a
loss in net of $90,635 ; this loss follows entirely
from a heavy augmentation in expenses, as the
gross receipts we have already seen increased over
$214,000.
The fact of a large augmentation in ex
penses is also noticeable in the case of many other
roads, and appears quite clearly when we arrange the
roads in groups in our usual manner. Thus, the
trunk line group, though showing $1,916,000 gain in
gross shows only $545,000 gain in net, the South western
group though having over a million gain in gross has
less than $300,000 gain in net, while the anthracite
coal group, with a million gain in gross, has but $271,*
036 gain in net.
But notwithstanding this augmentation in expenses,
the improvement. in net earnings is large and striking,
and moreover the improvement extends to every one of
the groups with the exception of that composed of the
two Mexican roads. For the Northwestern section the
gain in net is nearly 55 per cent, for the anthracite coal
group over 46^- per cent, for the Middle’ States roads
over 34 per cent, for the Southwestern group 21% per
cent, for the Middle Western roads 18 per cent, for the
Southern 16 per cent, for the Pacific group 14 per cent
and for the Trunk lines about 12 per cent.
Northwestern roads were favored by an extraordinarily
large movement of spring wheat, and hence the gain is
o f exceptional magnitude. The Quincy has increased
its net from $607,520 to $1,082,886, and the St. Paul
from $412,596 to $583,923; but the smaller roads have
many of them done relatively even better. Thus on
the St. Paul & Duluth the net is up from $22,000 to
$61,000, on the Minneapolis & St. Louis from $43,000 to
$81,000, on the <( Soo” from $36,000 to $51,000, on the
Burlington Cedar Rapids & Northern from $76,000 to
$105,000, on the Burlington & Northern from $51,000
to $68,000, and on the Wisconsin Central from $87,000
to $119,000. Out of the 15 roads comprised in the
Northwestern section, only three record losses in net,
namely the Iowa Central and two minor lines. Of
course we have no figures for the Northwest, the
Omaha or the Milwaukee Lake Shore & Western, as
these do not furnish monthly statements of net.
In the Southwestern group the gain is not so heavy,
but is participated in by all the roads with the single
exception of the St. Louis & San Francisco. The
Denver & Rio Grande deserves mention for the very
669
CHRONICLE.
favorable character of its exhibit, net this year being
$305,684 against only $150,271 last year. In the Pacific
group one of the lines in the Southern Pacific, as also
several of the lines in the Union Pacific system (more
particularly the Oregon Navigation and the Oregon
Short Line), besides the Oregon Improvement and the
Rio Grande Western, show losses in net. The Union
Pacific system as a whole has $123,374 gain, the
Southern Pacific $81,787, the Northern Pacific $102,396
and the Canadian Pacific $65,339.
Section or
Group .
Net Earnings.
Gross Earnings.
1892.
1891.
1892.
1891.
Ihc. or Dec.
P . O.
Ï
$
February.
$
$
$
+545,954 11-96
Trunk lines..(15) 18,229,392 18,313,068 5,111,803 4,565,849
46-53
3,073,786
+271,036
682,485
853,521
Anthra. coal( 6) 4,076,058
+125,524 34-22
366,814
492,338
Mid. States.(13) 1,677,157 1,450,524
+147,109 18-29
804,358
931,407
Mid. West’n.(22) 3,316,680 2,945,165
4812,117 54-38
Northwest’n(15) 7,304,443 5,079,404 2,305,693 1,493,576
+297,451 21-52
Southwest’n (11) 7,022,948 6,008,005 1,678,982 1,381,531
4358,783
14-18
9,399,230
2,897,959 2,539,176
Pacific Coast (21) 9,815,819
+267,043 16-65
Southern.... (28) 5,815,946 5,060,541 1,871,022 1,603,979
—36,456 12-03
876,402
929,163
303,060
266,604
Mexican......( 2)
Tot., (133) r’ds 58,187,000 50,806,125 16,129,389 13,040,828 +2,788,561 20-44
Jan. 1 to Feb. 29.
Trunk lines..(15)
Anthra. coal ( 6)
Mid. States. (13)
Mid. West’n.(22)
Northwest’n (15)
Southwest’n(ll)
Pacific roads (21)
South’n r’ds.(20)
Mex’n roads.. (2)
+24,960 0-27
9,324,492
4280,405 20-02
1,400,846
738,488 +108,451 14-68
+92,879 5-48
1,095,175
3,127,827 +1,280,087 41-12
4-491,243 17-63
2,787,101
—21,592 0-37
5,885,128
—173,927 5-30
3,278,749
—57,684
9-26
622,996
1
7-04
+2,030,888
30.891.690j
28,860,802
105,970,950
114,988,317
Tot.,.(131 r’ds)
36,057,365
7,816,773
3,274,209
6,567,280
14,591,476
13,900,295
20,138,526
10,717,505
1,864,898
33,958,319
6,745,198
3,042,779
6,103,455
11,583,314
12,561,484
20,049,377
10,121,271
1,805,773
9,349,458
1,081,311
846,939
1,788,054
4,413,914
3,278,344
5,863,530
3,104,822
605,312
N O T E .—INCLUDED U N D E R TH E H E A D OF—
¡Middle Western—(Conc’d). Pacific Coast—(Conc’d).
Trunk Lines.
San. Fran. A North. Pac.
'Illinois Central.
B. & O., East of Ohio.
So. Pac.—Pac. System.
Ind. Decatur A West.
B. A O., West o f Ohio.
Gal. Har. & S. A.
Baltimore AObioSouthw. Iron.
Louis. Western.
Clev. Cin. Chic. & St. L. Lake E. Alliance A So.
Morgan’s La. A T.
Lake Erie A Western.
Peo. & Eastern Div.
N. Y. Tex. A Mex.
Louisv. N. A. A Chic.
Grand Trunk of Can.
Texas A New Orleans.
Pitts. Marion A Chicago.
Chic, & Gd. Trunk.
Union Pacific—
Sag. Tusco. A Huron.
Det. Gd. H. & M.
Ore. Sh. L. A Utah Njor.
N. Y. Lake Erie & West’n. Toledo Col, A Cin.
Oregon Ry. A Nav. Co.
Toledo A Ohio Central.
Ohio A Misssissipi.
Union Pac. Den. A Gulf.
Pennsylv. East o f P. & E- Tol. Peoria A W.
St. Joseph A Grand Isl.
West of Pitts. A Erle.t Toledo & South Haven
All other lines U.P. sys.
Grand Rapids A Ind.
Central Branch U. P.
Northwestern.
Pittsb. Youngs. & Ash.
Montana Union.
Burl. Cedar Rap. & Nor.
Wabash.
Leaven. Top. A Southw.
Chic. Burl. A North.
Man. Alma A Burl.
Chic. Burl. A Quincy.
Anthracite Coal.
Southern Roads.
Chic. Mil. A St. Paul.
N. Y. Ontario & West.
_
Des Moines No. & West. Bir. A Atlantic.
N. Y. Sus. & West.
Bir. Sheff. A Tenn. Riv.
Dul. S.S. & Atl.
Phila. A Reading.
Char. Cin. & Chic.*
Iowa Central.
Coal & Iron Co.
Cheraw A Darlington.
Keokuk & Wes’ ern.
Summit Branch.
Milwaukee A Northern. Ches. A Ohio.
Lykens Valley.
Cues. Ohio & Southwest.
Minn. A St. Louis.
Minn. St. Paul A S. S. M. Cin. N. O. A Tex Pac.
Middle States.
Alabama G’t Southern.
Quincy Omaha A K. C.
Allegheny Valley.
New Orl. & Northeast.
8t. Paul A Duluth.
Buff. Roch. & Pitts.
Alabama A Vicksburg.
Sioux City A Northern.
Camden '& Atlantic.
Vicksburg Sh. & Pac.
Wisconsin Central.
Lehigh & Hudson.
Georgia Railroad.'
New York A Northern.
Ga. Southern & Fla.
Southwestern.
Northern Central.
Atch.Top.& Santa Fe Sys. Gulf & Chicago.
Ohio River.
Jack. Tampa A K. W.
Roads jointly owned
Staten island.
St. L. & San Fran. sys. Kan. City Mem. A Bir.
Stony Clove & C. Mt.
Roads jointly own. ¡4. Louisville A Nashville.
Ulster A Delaware.
Louisville N. O. & Texas.
Colorado Midland.
West Jersey.
Louis. St. Louis & Lex.
Denver A Rio Gr.
West Va. Central & P.
Nash. Chat. A St. Louis.
Western N. Y. A Penn. Int. A Gt. Northern.
New Orleans & Southern.
Kan. C. Ft. 8. A Mem.
Middle Western.
Norfolk A Western.
Mo. Pac. & Iron Mt.
Chic. A vv est Mich.
Petersburg.
Rio Grande Southern.
Cin. Jack. A Mack.
Texas Sabine A Northw Rich. A Petersburg.
Cin. Ports. & Va.
Sav. Amer. A Mont.
Cleveland Akron & Col.
South Carolina.
Pacific Coast.
Cleveland A Canton.
Tenn. Midland.
Canadian Pacific.
Col. H. Val. A Tol.
Wrightsv. A Tennille.
Det. Bay City A Alpena. Northern Pacific.
Mexican Roads.
Oregon Improvem’t Co.
Det. Lans. A Nor.
Mexican Central.
Prescott & Ariz. Cent.
El. Joliet A Eastern.
Rio Grande Western.
Flint A Pere Marq.
* For the month only.
+ We include these Western lines in our table
this time, by taking an estimate for 1891 on which to base the increase reported
for this year.
Particular interest attaches to the Southern group,
and it is gratifying as well as surprising to find im
proved net there. The gain is $267,043, or 16*65 per
cent. Nine out of the twenty-eight roads have losses,
but the amounts are small, barring that of the Georgia
Railroad. The Louisville & Nashville has increased its
net from $595,000 to $690,000, the Nashville Chatta
nooga & St. Louis from $113,000 to>$157,000, the Nor
folk & Western from $169,000 to $204,000, the South
Carolina from $39,000 to $53,000 (this in the face of a
decrease in gross), the Kansas City Memphis & Bir
mingham from $11,000 to $31,000, the Chesapeake &
Ohio from $156,000 to $175,000, the Chesapeake Ohio
& Southwestern from $55,000 to $66,000, the Louisville
New Orleans & Texas from $71,000 to $87,000 and the
Louisville St. Louis & Texas from $11,000 to $19,000J
670
THE
CHRONICLE.
In the anthracite coal group every road reports
enlarged net, though we have no return from the Cen
tral of New Jersey. In the trunk line group the Balti
more & Ohio, the Erie and the Ohio & Mississippi have
suffered a loss in net. Among the thirteen roads in
the Middle States group there are three that have
losses, and among the twenty-two roads in the Middle
Western group eight have sustained a decrease. In the
latter group the Illinois Central and the Louisville New
Albany & Chicago are distinguished for heavy gains,
the first mentioned having an increase of $52,182 and
the New Albany an increase of $51,531. Out of the
whole 133 roads in all the groups 22 make a decrease
in gross and 38 a decrease in net.
[F rom ou r ow n correspondent. J
L o n d o n , Saturday, April 9, 1892.
The directors of the Bank of England on Thursday lowered
their rate of discount from 3 per cent, at which it had stood
since January 21, a period of twelve weeks, to 2 % per cent,
and it is generally expected after a short period there will be
a further reduction to 2 per cent. In the outside market the
rate is barely 1 per cent. Money all over Eurrope is abundant
and ch eap; trade is falling o f f ; speculation, though it has
somewhat revived this week, is still very quiet, and the gold
movement is just now in favor of this country. It is possi
ble, o f course, that Austria-Hungary m ay take gold, as it is
understood that the bill for carrying through resumption will
be introduced on the 26th, and that a loan for about 10 mill
ions sterling will be brought out next month or early in June
in Vienna, London, Berlin and Amsterdam ; but it is not
thought probable that much gold will go to Austria-Hungary ;
indeed, the general expectation is that all required will be ob
tained from India, Australia, South Africa and other quarters.
The price of silver was as high on Monday as 40%d. per
ounce, but it has since been falling every day till yesterday—
% d . on Tuesday, % d . on Wednesday and J^d. on Thursday—
bringing the quotation down to 39%d. per ounce. Yesterday
there was a recovery to 39%d. per ounce.
The opinion of
those best informed in London is that the bottom has been
touched.
Mines all over the world are being closed, and
thereby the production is being reduced. On the other hand,
exports from India and other silver-using countries are beiDg
stimulated, and by and by the demand for those countries is
sure to increase. Furthermore, there is a very strong im
pression that we shall now see a largely-increased consump
tion of silver in the arts.
On the Stock Exchange there has been a very sudden and
very marked change of feeling. Last week there was dis
couragement and even gloom, the fall in silver more particu
larly reviving fears that gold would go to a premium in the
United States. This week the fear has been quite dissipated,
and a more hopeful tone prevails generally. It has been
pointed out that the United States Secretary of the Treasury
has authority, should it be necessary, to sell bonds to any
amount for obtaining gold, and this has produced a good im
pression. Furthermore the confidence displayed in the United
States itself has reacted here, and there has this week been
better buying than for a long time past in the American mar
ket. Brokers say that the buying has been largely for the pub
lic, especially for the public in the North of Eng
land, and
that there
has
also
been
good
Conti
nental buying. Whether the market will continue to
advance depends almost entirely upon New York. Here, al
though there is a better feeling, there is still much want of
courage, and operators therefore will take profits on every
rise of a dollar or two. I f the New York market is discour. aged thereby, this market will entirely lose heart. On the
other hand, if New York remains strong, confidence here will
be strengthened, and after a while there will be a more gen
eral participation than there has been for the past two years.
The best informed are convinced that there is very little
Am erican stock now held by European operators, the floating
supply in the market here being chiefly carried on American
account. I f so, there cannot be much more European selling,
except for the realizing of profits, as said above,
[V ol. L1V,
The market for British securities generally is firm but quiet.
There is hardly anything doing in inter-bourse securities, yet |
the quotations are fairly well maintained. In South American \
securities, and especially in Argentine, there has been )
a further marked rise this week.
On Sunday the A r gentine Government declared martial law and ordered ]
the arrest and deportation of a large number of the (
radical leaders, alleging that a conspiracy has been dis- 1
covered to effect a revolution by means of dynamite. |
The action of the Government is approved in London. It i s /
thought that the election of the Electoral College on Tuesday )
will now pass over smoothly, and that the elder Laenz-Pena 1
will be chosen by an immense majority. A t the same time
all the reports indicate a decided improvement in the trade of
the country.
The Board of Trade returns for March are very unsatisfac
tory. The value of the imports was a little under 36% m il
lions sterling, an increase of not far short of a million and a
half sterling, or about 4 per cent, compared with March of last
year. On the other hand, the value of the British and Irish
exports was only £19,665,000, a decrease of very nearly 2 mil
lions sterling, or about 9 % per cent.
A s there were three
more working days in March of this year than in March of
last year, the export figures seem to point to even a greater
falling-off in our foreign trade than was anticipated. But it
ought to be remembered, on the other hand, that the strike in
the coal trade in Durham and the stoppage of work for a week
throughout the Midland counties very extensively interfered
with business. The real state of trade, therefore, is not quite
as bad as at first sight it would seem. The home trade, at the
same time, continues fairly good. Alm ost all articles subject
to duty have been taken out of bond in larger quantities last
month than in March of last year, and especially there is a
considerable increase in the consumption of foreign spirits and
tobacco, which seems to show that the spending capacity of
the great masses of the people has not fallen off. It is also to
be noted that there is some recovery in the price of wool,
although this is alleged to be due to the speculative action of
syndicates on the Continent.
Some years ago a Bi-metallic League was formed in this
country with a branch in the City of London, but it received
so little support in the city that the branch died out. On
Wednesday a meeting of bankers and merchants interested in
silver was held in the Board room of the new Oriental Bank,
at which it was decided again to form a city branch for the
purpose of urging on the Government bi-metallism.
The
movement, however, is not likely to receive much support in
the city, and has very little chance of success anywhere.
From St. Petersburg it is reported that the Russian Govern
ment is considering a plan for a more friendly commercial
arrangement with Germany. A s yet negotiations have not
been actually opened, but it is understood that they will be
entered upon very soon. The intelligence has made a very
good impression throughout Germany. It has dissipated for
the time being the fears of disturbance arising out of the
massing of troops in Russian Poland, and it has encouraged
some of the greater operators in Berlin to attempt to put up
prices. Trade, however, is very bad in Germany, and is still
falling off, and there are doubts whether a sustained upward
movement is possible as matters stand.
The London County Council, a body created three years
ago, and representing the people of London generally, together
with the Corporation of the City of London, are promoting a
bill in Parliament for enabling the County Council and the
Corporation to buy out the London water companies and sup
plement the present supply from new sources. W ithin a
quarter o f a century the population of the area supplied by
the metropolitan water companies has increased from a little
over 3 % millions to very nearly 5 % millions, and the con
sumption of water now daily is between 90 and 100 million
gallons,
sometimes
rising
as high
as
105 million
gallons.
The
greater part
of
the
water is taken
from the Thames, and experts say that the possible
limit of supply from the Thames is nearly reached.
The matter is exciting a good deal of interest amongst invest
ors, for the ten companies that supply London with water
have an aggregate capital, which at present market quotations
is worth something over 30 millions sterling. Quotations have
been depressed by the action of the County Council. I f we
were to take the average of the past three years, the aggregate
capital would be worth over 33 millions sterling. The money
THE
A pbil 23; 1892.]
CHRONICLE.
interests at stake, therefore, are considerable. There is little
doubt that something must be done to give the population of
London control over the water supply, and to ensure not only
a larger but a purer supply. The fight will be as to the terms
of compensation to the companies.
The following return shows the position of the Bank of
England, &c.
N. Y. and Brooklyn Was Securities— Brokers’ Quotations,
GAS COMPANIES.
1892.
1891.
1890.
1889.
April 6.
April 8.
AprilQ.
April 10.
£
£
£
£
Circulation................................ 26,089,160 24,993,785 24,729,965 24.893,890
Public deposits............................ 7,726,050
8,148,730
7,715,455
9,285,992
Other deposits .... ................... 30,469,011 30,438,384 26,523,851 25,095,446
Government securities............. 11,256,001 11,337,652 15,765,847 15,959,948
Other securities.......................... 29,334,484 31,719,841 21,227,177 21,907,354
R eserve..................................... 15,448,958 13,375,074 15,106,668 14,423,580
Coin and bullion........................ 25,088,118 21,918,859 23,388,633 22,616,470
Prop, assets to liabilities.per ct.
43V
40)4
84V
41«
Bank rate........................ per ct.
3
3
2V*
8Vt
Consols 2SC per cent................... 96 3-16
96 7-16
98 1-16
98V
Clearing-House returns.......... 140,655,000 134,116,000 108,455,000 130,956,000
April 7,1832.
t April 10,1890.
E n g l i s h F i n a n c i a l M a r k e t s —P e r C a b le .
The daily closing quotations for securities, & c., at London
are reported bv cable as follows for the week ending April 22
London.
Mon.
Sat.
Silver, per o z .................d
Consols,new, 2% per cts.
do fo r accoun t.........
F r’ch rentes (in P aris)fr.
U. S. 48 o f 1907..............
Canadian P acific..........
Chic. Mil. & St. P a u l....
Illinois Central................
Lake Shore......................
L ouisville & N ashville..
M exican Central 4 s .......
N. Y . Central & Hudson.
N. Y . Lake Erie & W est’n
do
2d co n s............
N orfolk & W estern, pref.
N orthern P acific p re f...
P ennsylvania...................
Philadelphia & Reading.
Union P acific...................
W abash p r e f...................
Tues.
Wed.
Thurs.
399i6 391316 40
9 6 ’ ie 9 6 3iß 96516
96%
96%
96%
96-77V 96-85 96-75
121
121
121
91%
91
91%
80%
81
81 V
107V 107% 107%
137V
137V 138%
77%
76%
77%
72%;
72%
72%
117% 117% 117V
32%
31 V
31 V
110
109% 110
49%
48%
49%
63
63%
63%
58
57%
57V
31
30
29%
46%
47 V
47%
28%
29 V
28%
M
Fri.
40
965ie
96%
96-75
121
91 V
80%
107%
137%
76%
72 V
117
31%
110
49
62V
57%
29%
47
28%
© x r t m t x e t x ia l unti,
the imports at New York for the week ending (for dry goods)
April 14; and for the week ending (for general merchandise)
April 15; also totals since the beginning of the first week in
January,
F O R E IG N IM P O R T S A T N E W Y O R K .
1889.
1890.
f
1891.
1892.
D ry G ood s.......
Gen’l m er’dise.
$2,191,408
6,891,792
$3,097,927
10,133,441
$1,511,432
12,476,678
$2,280,777
10,501,973
T ota l...........
Since Jan. 1.
D ry G ood s.......
G en’l m er’dise.
$9,083,200
$13,231,368
$13,988,110
$12,782,750
$46,667,247
100,797,337
$51,151,894
104,170,670
$42,507,090
118,449,872
$42,017,981
127,342,500
Total 15 weeks. $147,464,584 $155,322,564 $160,956,962 $169,360,481
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending April 19 and from January 1 to date :
EXPO RTS FROM N E W Y O R K
1889.
F or the w e e k ..
P rev. reported.
F O R THE W E E K .
1890.
$8,082,657
94,509,707
$6,486,215
95,193,923
1891.
1892.
$6,358,970
$7,574,191
96,137,793j 114,098,486
T >taf 15 weeks. $102,592,364 $101,680,139 $102,496,763 $121,672,677
The following table shows the exports and imports of specie
at the port of New York for the week ending April 16 and
since Jan. 1, 1892, and for the corresponding periods in 1891
and 1890:
E X P O R T S A N D IM P O R T S O F S P E C IE A T N E W Y O R K .
Exports.
Gold,
Week.
Great B r it a in ...___
F ra n ce .......................
G erm any...................
W est In d ies..............
M ex ico.......................
South A m erica.. . . , .
A ll ether countries.
T otal 1892.
T otal 1891.
T ota l 1890.
$165,230
55ÌÒ0Ó
Since Jan. 1
$2,370,282
600,000
3,780,000
5,817,378
6,500
468,300
$220,230 $13,072,460
3,432,822 18,536,581
7,500
-------------Exports.
Silver.
Week.
G reat B ritain............
F ra n ce .........................
G erm any.....................
W est In d ie s................
M exico.........................
Bonth A m e r ic a .........
A ll other cou n tries..
$116,400
T ota l 1 8 92...........
T otal 1891...........
T otal 1890...........
Since Jan. 1.
Imports.
Week.
Since Jan. 1
5,070
4,500
$28,725
4,496,901
865,500
79,479
10,894
235,811
123,841
$15,282
38,475
$5,841,151
1,473,389
$5,712
Im ports.
Week.
Since Jan. 1.
$20,439
13,775
19,736
5,520
2,400
$6,032,730
327,160
500
516,422
38,215
513,020
12,840
2,014
$20,439
92,800
34,065
75,577
22,355
169,084
6,760
$157,831
500,831
206,734
$7,440,887
5,503,697
8,041,104
$64,661
2,447
39,943
$421,080
536,916
506,987
Bid. Ask.
Brooklyn Gas-Light........ .
Citizens’ Gas-Light........
Bonds, 5s...................
Consolidated Gas..............
Jersey City & Hoboken..
Metropolitan—B onds.......
Mutual (N. Y .)...........
Bonds, 6s................. .
Nassau (Brooklyn)...........
S crip ................ ..............
112
102
GAS COM PANIES.
115
People’s (B roo k ly n !.......
W illiamsburg. . . . . . . . . . . . .
Bonds, 6s..... ..................
il3 % 114V Metroy oli can( Brooklyn)..
175
Municipal—Bonds, 7s.......
110 112
Pulton M unicipal. . . __...
135
Bonds, 6s........................
100 102
Equitable..........................
138
Bonds, 6 s ........ ..............
100
Bid. Ask
84
125
108
102
128
102
150
106
105
130
107
155
City Railroad Securities— Brokers’ Quotations.
Atlantic A v .,B ’klyn.8t’k.
Gen. M., 5s, 1 9 09...A&O
Bl’cker St. A Pal. P.—Stk.
ls t mort., 7s., 1900-. J&J
Br’dway A 7thAv.~St’ k..
ls t mort., 5s, 1904 .JAD
2d mort., 5s, 1914...JA J
B’way lst, 5s, g u .....’ 24
2nd 5s, int. as rent., ’ 05.
Brooklyn City—S to c k .....
B’klyncrosst’n 5 s., 1908
Bkn.C’yANl’n5s,1938 J AJ
Central Crosstown—St’k ..
ls t mort., 6s,1922.MAN
Cent. Pk.N.A E.Riv.—Stk.
Consols.7s, 1902 ...J A D
Dry Dk.E.B. A Bat’y—Stk.
ls t mort., 7s, 1893.. JAD
108
100
27
113
195
105
102
104
92
x 176
109
102
135
115
122
116
115
100
Dry Dock E. B’y A B.—
S crip ........ ................... .. 101 103
Eighth A y.—Stock........ . 240 !.....
Eighth A t . - S crip, 6s, 1914 105,109
42a A Gr’nd St. F’ry—Stk. 250'____
I ls t mort., 7s, 1893. AAO 100,103
42d St. Manh.A St.N.Ave. 47! 50
ls t mort., 6s, 1910.. MAS 110,112
2d M „ Incom e,6s....JA J 55| 67
Houst. W.St. A P.P’y—Stk. 200 . . . . .
iïô -|
lst mort., 7s, 1894..JAJ 100 107
102 V Ninth A v e .... .............
130 135
Se;ond Ave.—S t o c k ....... 106,108
117
ls t mort., 5s, 1909. MAN 1021105
125
Sixth Ave.—S t o c k ......... 190 200
120 Third Ave.—S to c k ........... 230 240
120
ls t M., 5s, 1937...... JAJ 112 114
101
Twenty-third St.—Stock., 250'........
ls t mort. 7s, 1893.......... 102I1C4
110
103
29
116
200
106
105
106
96
— The Comptroller of the city of Paterson, N. J., will receive
proposals up to and including the 28th inst. for $125,000 City
Hall 5 per cent bonis. Particulars of this offering of bonds
will be found in the advertisement in the State and City De
partment of the C h r o n i c l e .
Auction Sales—Am ong other securities the following, not
regularly dealt in at the Board, were recently sold at auction.
B y Messrs. R. V . Harnett & C o.:
Shares.
Bonds.
Law yers’ Surety C o .........105
$7,500 Street Im p. 5s, Tow n
Nat. B roadw ay B an k___ 280%
o f Harrison, N. J., 1911__100V
B ’k o f the State o f N .Y ..118
$5,000 Terre H. & Logansp’t
Madison Square Bank___ 160
RR. 1st, 6s, 1910, guar...... 1095s
Central Nat. B ank........... 133
$2,000 State o f Tex. 5s,1909.115
Continental Nat. B an k ..,1 3 3 V $1,000 City o f Atlanta 7s,’ 99.112%
M erchants’ E x. Nat. B ’k . 126
$7,100 City o f Rom e, Ga., 8s,
Merchants’ Nat. Bank___ 153 V
1 8 96............ ............................ 102
Bonds.
$5,000 H arlem River & Port$3,000 Mil. & St. P. R R . 1st,
chester R R . 1st, 6s, 1903,
conv. 7s, 1 8 9 3 ....................... 12358
A & O ........................................119
10
50
25
10
30
50
70
100
B y Messrs. Adrian H . Muller & Sons :
I m p o r t s a n d E x p o r t s f o r t h e W e e k . — T h e following are
For Week.
671
34.065
8,143
Shares.
360 Nat. Citizens’ B ank........ 152V
60 Citizens’ Fire Ins. Co
110
106 Rutgers Fire Ins. C o....... 108
150 Kings Co. Fire Ins. C o ... 160V
32 N.Y. B ow ery Fire Ins.Co. 86
200 Butchers & D rovers’ B k.181
23 K nickerbocker Ice C o ... 81
20 U. S. Fire Ins. Co............. 125V
20 D ry D ock E. B. & B. R R .117%
20 W m s'burg Gas Light C0..126V
40 Oriental Bank....................237V
11 N.Y. F loating Dk. $50 ea.
.... $ l 7 V p . s h
1 Memh. N. Y . Prod. E x c.$755
40 O r a n g e C r o s s t o w n &
Bloom field R’ y C o.$ 2 0 0 p. sh.
100 Orange Mt. Land C o.$1 0p . sh.
8 Nat. Park B an k................ 3 2 4 %
33 Amer. E xch. Nat. B a n k ..1 5 6 V
Shares.
6 Fitchburg RR. Co., pref.
(Troy& Bost.cons. issue) 46
6 Oirard Nat. Bk., o f Phila.240
Bonds.
$600 Citizens’ Fire Ins. Co.,
7 per cent certificates.......... 77 V
$2,000 Dry D ock E. B. & B.
R R ., 6 per cent scrip............ 102%
$5,000 D ry D ock E. B. & B.
R R ., cons. 7s, 1893, J& D ...104 %
$2,000 B rooklyn City 7 s, Pub
lic Pk. L’ n, 1915, J& J.l56% & int.
$1,000 Cohoes Co. 6s, 1914,
J& J................................ ..........110
$5,000 Buff. B ’y Co. 1st eons.
5s, 1931................................... 94
$6,000 Syracuse Cons. Street
R ’y Co., ls t , 5s, 1920, J& J. 8SV
MmxkiUQ atxcl ffitxjmcial.
Spencer Trask & -Co.,
•
BANKERS,
N o s. 1 6 a n d 1 8 B r o a d Street« N e w Y o r k C ity .
2 0 C o n g re ss S tree t, B o s t o n .
ALBANY N. Y.1
PROVIDENCE, R. I.
Direct Private Wire to Each Office.
All classes of Securities Bought and Sold on Commission. Special attention
given to IN VESTMENT SECURITIES.
LIBERTY N A TIO N A L
BANK,
Central Building, 1 4 3 L ib e r t y S tr e e t. N ew Y o rk .
C A P IT A L ,
$ 1 0 0 ,0 0 0
ACCOUNTS OP BANKS, BANKERS AND MERCHANTS SOLICITED.
HENRY C. TINKER President.
HENRY GRAVES, Vice-President.
JAMES CHRISTIE, Cashier.
D IR E C T O R S .
HENRY C. TINKER,
E. P. C. YOUNG,
H. C. P AHNESTOCK.
HENRY GRAVES,
WM. RUNKLE,
HON. G. A. HOBART
GEO. P. BAKER,
DUMONT CLARKE,
J. A. GARLANDS
I. R. MAXWELL,
JNO. H. STARIN.
THE M ERC AN TILE N A TIO N A L BANK
OF T H E C IT Y OF N E W Y O R K ,
No. 1 91 Broadw ay.
C a p it a l,
$ 1 ,0 0 0 ,0 0 0 |S u r p l u s * P r o f l t s ,l $ 1 ,0 3 9 ,0 0 0
WILLIAM P. ST. JOHN, President. |FREDERICK B. SCHENCK, Cashier.
JAME3 V. LOTT, Assistant Cashier.
ACCOUNTS S O L IC IT E D .
TH IR D N A TIO N A L
OF T H E
BANK
C IT Y OF N E W Y O R K .
C a p i t a l , ..................................................... $ 1 ,0 0 0 ,0 0 0
JB. WOODWARD...... .....................President.
HENRY CHAPIN, Ja.............Cashier I J. PRED’ K 8W SASY....Asst.Cashle’ .
gtmrOT-teed soUcited and careful attention to the interests of Depositor s
THE
672
[V o l .
CHRONICLE.
u t
,
Posted rates of leading bankers are as follows:
IB a tx k e rs'
(S a x e ttr ,
D I V I D E N D S ,
Name o f Company.
R a ilr o a d * .
Baltim ore & Ohio, com. (quar.).
Do
do W ashington Br
B oston & Maine, com m on..........
Buff. E och. & P ittsb., p f. (quar.)
Lake Erie & W est., pref. (quar.)
W heeling & L. E rie, p f. (quar.).
B an k s.
Germ an E xchange (a n n u al)----N a s s a u ............................... ...........
P acific (quar.)............. .................
T r u s t C o m p a n ie s .
HoUand (quar.).............................
m is c e lla n e o u s .
Pullm an’s Palace Car (q u a r.)...
P er
Cent.
1*4
5
4
1%
1^4
When
Payable.
M ay
M ay
May
May
May
May
Books Closed.
(B a ys inclusive.)
17
to
2
16 A p ril 23 to A pril
7 to May
16
1 to M ay
16
3 to May
16 May
2
2
2
2*2
May
2 A p ril 23 to May
2
'May
16 M av
13
25
16
16
16
to May
to May
to May
M ay
May
May
16
4
2
Bemand.
Sixty Bays.
A p ril 22.
4 89
4 87ia
4 86 ®4 8614
Docum entary com m ercial........... - ............... 4 851404 85%
Paris bankers (francs)................................... 5 17ia®5 1678
401-8 ® 40316
Amsterdam (guilders) b a n k ers.. . . . .
Frankfort or Brem en (reiolimarks) d nkers 9 5 i8® 9514
Prime bankers’ sterling bills on L o n d o n ..
The following were tne rates ot uumesuc exuuauge uu
York at the undermentioned cities to-day: Savannah, buying,
par ; selling % premium ; Charleston, buying par@ 1-16, sell
ing 3-16® % prem iu m ; New Orleans, bank, $150 per $1,000
prem ium ; commercial, 50c. prem ium ; St. Louis, 90c. per
$1,000 prem ium ; Chicago, 80c. per $1,000 premium.
United States Bonds.— Quotations are as follow s:
Interest A pril ^A pril A pril A pril
20.
19.
Periods 16. j 18.
3 to May 16
W A L L S T R E E T , F R I D A Y , A P R I L 3 2 , 1 8 9 3 —5 P* * •
4038 í 407X8
95!3®9558
April
21.
Q.-Mcb. *100 1*100 *100 *100 *100
Q .-J a n . *115121*11513 *115% *11578 *116
Q.-J a n . *115131*11513 11614*116 *116
J. & J. *109 ¡*109 *109 *109 -109
j . & J. *111 *111 *111 *111 *111
J. & J. *113 *113 *113 *113 *113
J. Jk J. 1*116 *116 *116 *116 *116
...r e g . J. & J. )*119 1*119 *119 *119 *119
♦Tbisis t&e price bid at tne m orning b o a r d : no sale was man*-
4s’, Ì 9 0 7 ."
The Money M arket and F in an cial Situation.— The re
newal of gold exports on a moderate scale has given a slight
check to our markets. But this turn of the moment in the
current of the precious metals is of small significance com
pared with the more important matter of an international
conference on silver, with the view of fortifying in some way
the general use of that metal as money.
.
The weather and crop prospects will have much to do with
the course of Western and Southern stocks during the next
A pril
22.
*100
*11578
*11578
*109
*111
*113
*116
*119
Government Purchases o f S ilver.— The following shows
the amount of silver purchased by the Government m April:
Ounces
offered.
Previously reported
April 18...................
3,113.000
554.000
Ounces
purchased.
P n c e p aid.
2,192,031 $0-8620 ® $0-8785
245.000 $0 8690 © $0-8698
543.000 *0-8745 ® $0-8760
few months, and this week we have a hopeful sign in the
648.000
“
20 .................................
595.000 $0-8790 ® $0-8797
941.000
“
2 2 . . . ..............
firmer prices for cotton. Whatever the out-turn of cereals in
321,820 $ ......... ® $ .........
*Local p u rch a ses...
1892 m ay be we yet have much corn and wheat of 1891 to be
3,896,851
[$0-8620 ® $0'8797
5,256,000
*Total in m onth to d a te..
carried, and on some roads this corn will supply freights well
The local purchases o f each week are not reported till M onday o f
the follow in g week.
,
into the fall months.
Coins.— The following are the current quotations m gold for
One of the next subjects to be discussed in the railroad field
will be the Chicago Exposition, and when we reflect that the various coins:
opening of that great Fair will probably take place a year from
this May, its coming influence will soon be used by the bulls
in stocks as a good thing to talk about. I f the railroads do
not increase their expenses too greatly the Fair ought cer
tainly to be a source of considerable profit to many of them.
In this connection the results obtained on the main line and
branches of the Pennsylvania Railroad (963 miles), in 1876 are
of some interest. The passengers carried one mile were in
1875, 160,421,998; in 1876, 288,312,089 ; in 1877, 143,153,521.
The passenger earnings were in 1875 $3,646,673 ; in 1876,
$5,241,068 ; in 1877, $3,239,415. The net profit per passenger
per mile was in 1875 0-682 of a c en t; in 1876, 0-833 ; in 1877,
0-612. The better result in the Centennial year 1876 was se
cured entirely by the smaller cost per passenger, as the gross
receipts per passenger per mile were much less than in 1875
Sovereigns........... $ 4 86
N ap oleon s............ 3 86
X X R e ic b m a r k s . 4 74
25 P esetas............4 75
Span. D ou b loon s.15 50
uu
Mex. D ou b loon s.1 5, 50
Fine g old b a r s ... par
s ilv e r-P-------b a r s ..
8
-----------------® $ 4 90 iFine
® 3 90
iF iv e fia a o s ......... — 90
® 4 80
M exican d o lla r s ..
—
4 85
D o u n oom m erc’ l ------- ®
® 1 5 70
P eruvian so ls...... — 66
® 1 5 70
E nglish silv er . . . 4 80
© l* prem .!U.S. tra d e d olla rs
68
— 8814
u> — « «
69 ® —71
— —® — 70
® 4 90
a
State and Railroad B o n d s.-T h e re have be^ more transnotions in State bonds this week and sales at the Board in
clude $15,000 of Tenn. settl. 3s at 70 to 7 0 % ;
do’ 6s, a*
1 0 7 $ 4 , 0 0 0 Ala. class “ A ” at 101% ; $5,000 N. Car. sp. tax
trust rec. at 3 ; $3,500 N. C. cons. 4s at 97 % ; $5,600 Va. 6s def.
tr. rec., stamped, at 7; $20,500 La. cons. 4s. at 87%-88.
Railroad bonds have met with a better general business,
while the only particularly active bonds among the spécula
tives have been the Reading pref. incomes. These bonds, on
the upward turn made on Monday, with
76% for the firsts, 70 for the seconds and 62% for the thirds,
from which prices there was a quick reaction when the Penn
sylvania Railroad’s reduction in coal rates was known but the
bonds close steady. Prices are generally a trifle firmer
or 1877.
fo?th e lower classes of bonds yielding 5@ 6 per ceut at their
The open market rates for call loans during the week on current figures, and the investment demand seems likely to
stock and bond collaterals have ranged from 1 % to 2 per cent, further assert itself in the next few weeks if nothing occurs to
the average being a little less than 2 p. c. To-day rates on check the present sentiment among bond buyers.
Railroad and Miscellaneous Stocks.— The stock market
call were 1 % to 2 p. c. Commercial paper is quoted at 3 % @ 4 %
has been rather quiet the past few days and without extraor
per cent.
dinary movements in one direction or the other. Early iu the
The Bank of England weekly statement on Thursday showed week Reading became very active and advanced on Monday
an increase in bullion of £72,000, and the percentage of reserve with large transactions, but fell off sharply the next day o
to liabilities was 42-30, against 41-53 last week; the discount the announcement of a reduction in anthracite coal rates y
the Pennsylvania Railroad and rumors of a possible strike by
rate remains unchanged at 2 % per cent. The Bank of France
the Reading employeès. The latter report was denied by th
shows an increase of 7,400,000 francs in gold and 3,525,000 Reading officers and the Pennsylvania s action was explained
francs in silver.
, ,
, , away so far as general reductions m the anthracite trade we
The New York Clearing-House banks in their statement ot i^ o lv e d , and prices o f Reading stock and incomes have parApril 16 showed an increase in the reserve held of $905,600 tiallv recovered. New England stock was active for a time
and a surplus over the required reserve of $15,788,500, against andy rose sharply on purchases attributed to the short
$15,839,200 the previous week.
________________________
interest.
Richmond Terminal stocks and bonds were
d
by
the
appearance of
dissensions among
1890.
1891.
B iff eren) sfrom
some
of
the
members
of
the
committee,
but
1892.
A
p
ril
19.
A p ril 18.
Prev. week.
A pril 16.
have since become steady as the detailed statement of all
securities deposited is frankly published by the Trust Com
$
$
$
$
60,772,700 61,062,700 pany. Northern Pacifies are weaker again under the usual
................
O spitai.................. 60,372,700
58,249,600
63.606.000
................
bear attacks whenever there is a drive against the marked
Surplus................. 66,704,400
L oans and d isc’ts 493,629,400 In c .2,753,700 412,281.900 403.820.500
3,681,200 Western Union has been strong upon the whole, though
3,491,700
5,613,400 Deo.
94,100
C ircu lation ..........
408,884,200
N et deposits......... 531.882.000 In c .3,825,200 414.915.800 79,196,100 trifle lower this morning, and there has evidently been goo
S p e cie ................... 102,969,800 I n c .1,071,900 74,099,800 24,349,400 buying of this stock lately on its general prospects. Atchison
33.949.000
45,789,200
D
ec.
166,300
L eg al tenders___
and St. Paul are the most active among the grangers, and
have sold off a little recently. The winter-wheat condition is
R eserve h e ld .... 148.759.000 In o . 905,600 108.048.800 103.545.500
102,221,050
103,728,950
132,970,500
I
n
c
.
956,300
L egal re se rv e .. . .
considerably below last year and spring-wheat prospeetsnot
1,324,450 yet determined; but of old wheat and core, which make
4,319,850
15,788,500¡Deo.
50,700
Surplus reserve
freights during the coming months, there is yet a large supply
Foreign Exchange.— sterling ums
uecu jjuu*u±j Dnuuf, to be transported. National Cordage has been stronger since
on a dull market. Commercial bills have been in small sup thew
e^k showing made by the plaintiff in the inj«n
^ ju n ctio n
the weak
ply, and the arbitrage bankers have been buyers of bills the suit ; W hisky Trust stronger on the pres_idmt
president s report > Edison
past few davs, indicating sales of stocks for foreign account. General Electric stronger on the passage
the General
A n export of gold amounting to $1,750,000 is reported for
Electric Company’s bill in the New Y ork Legislature. J
.
to-morrow. Actual rates for exchange a r e : Bankers sixty bullion certificates are higher on a better demand for silver n
days sterling, 4 86 % @ 4 87; demand, 4 88@4 88 % ; cables,
London.
4 88 % @ 4 88%.
TH E
A p r il 23, 1892. |
673
CH RONICLE.
NEW YORK STOCK EXCHANGE — A C T I V E STO CK S tor week ending A P R IL 2 2 , and since JA N . 1 , 1 8 9 2 .
H IGH EST AND LOWEST PRICES
STOCKS.
Saturday,
A p ril 16.
Monday,
A p ril 18.
Tuesday,
A p ril 19.
Wednesday,
A pril 20.
Thursday,
A p ril 21.
Friday,
A pril 22.
Sales
o f the
Week,
Shares.
Range o f sales in 1892.
Lowest.
Highest
A c tiv e ISIS. S to c k s .
353g 36% 50,660 353s ¿ p r . 4 46% Jan. 4
36
36%
36
36%
3638 3734 363a 37
37% 37%
Atchison Top. & Santa F e __ _
4 Apr. 21
5 78 Jan. 2
400
*4
4%
4
4%
*4%
434
*4%
4%
*414
4%
4%
*4%
A tlantic & P a cific...................
6,872 95% Mar. 9 101% vi ar. 12
98% 98%
98% 99%
99% 99%
99:% 99 5s 99% 99%
99%
99
Baltim ore & O hio...................
86% Mar. 22 94% Jan. 12
500
*88%
89%
*88%
89%
89%
*88%
89%
89%
Canadian P acific....................... *88% 89% *88*2 90
5.C03 5838 Jan. 19 64% Mar. 5
60 34 61
60% 61
60% 61%
61% 61%
61% 62
61% 62
Canada Southern....... ............
145 Feb. 2 »
10,400
L3734 139
138 139
L42% 141 141% 1 3 8 % 1 4 0 ^ 13834 140
Central o f New Jersey............ x l4 1
410 30% Mar. 21 35 Jan. 4
31%
31% *31
31% *31
31% 31% *31
31% 31%
31
31*2
Central P a cific.........................
1 28 Jan. 14
Apr
3,088
23
38
23%
23
23%
23%
23%
23%
23%
23%
23% 2 3 78
Chesapeake & O., v ot. tr. cert. *23% 24%
147 59 Jan. 9 64%.Jan. 16
*60
62
60
60
*60 ' 62
62
61
6 1 7f_ *61
62% 62%
Do
do
1st p re f___
364 38% Jan. 9 43% Feb. 17
*42
42%
40
43
42
42
41% 42
42
4 2 34
42% 42%
Do
do
2d p r e f........
12 39 Feb. 4 150 Apr. 12
L46 146
4 4 8 150 *145 150 '145 150
150 150
C hicago & A l t o n ................... . *148 150
103% Feb. 24 110% Jan. 28
11,826
L0838
109
108%
108%
109% 108% 109%
Chicago Burlington & Quincy, 109 109% 109% 109% 108%
62% Mar. 28 70 Jan. 2
*62% 64%
64% *62
64%
62
64% *62
64
C hicago & Eastern Illin ois.... *62
98 Jan. 20 104 Feb. 11
837
99%
99%
99
99%
99
99
*98 100
98%
98%
98%
98%
Do
pref.
78% 793s 78% 78% 94,545 75% Apr. 2 8338 Jan. 7
793s 80%
78% 79%
79% 80%
79% 79%
C hicago M ilwaukee & St. P au l
4,092
120%
Jan. 19 128% Mar. 5
L23
123
123%
123%
123% 123% 123 123%
Do
pref. 123% 123% 1 2 3 % 1 2 4
22,927 1 1 4 % .Ian. 19 121% Mar. 5
120% 1213e 120% 121% 120% 12034
C hicago & N o rth w estern ____ 120% 120% 120% 121% 144 144
141% Jan. 12 145% Jan. 28
185
142%
142%
Do
pref. 142% 142%
86
8 6 % 16,781 84% Apr. 2 94% Jan. 7
86% 87
873s 88% 86% 88% 86% 87% 4838
87% 87%
Chicago R ock Island & Pacific,
4834 48
48% 15,400 44 Jan. 19 5 0 78 J an. 29
48
49
48
4938 4838 49%
47% 48
C hicago St. Paul Minn. & Om,
*114%
117
*
881 108% Jan. 20 117% Mar. 5
115%
115%
*115
117
115% 116%
Do
pref. *112 116
70
70
4,417 68% A pr. 2 75 Jan. 7
70% 70%
70% 713s 70% 70%
71
713s
70% 70%
Cleve. Cincin. Chic. & St. L . ..
290 95 Jan. 5 99 Mar. 7
98
98
98%
98%
98% 98%
98
98
Do
pref.
32%
32
323s 32
7,031 29% Jan. 19 33% Feb. 18
323s 32%
32% 32%
32% 32%
31% 32%
Columbus H oekingV al. & Tol,
12278 Jan. 8 149% Apr. 7
9,473
143%
144%
144
143%
145%
146 147%
D elaware & H u dson ............... 147% 148
63,060 133% Jam 19 167% Feb. 29
158% 161% 157% 160%
163% 163% 162 163% 160
*17%
18%
1678 Feb. 4 19% Jan. 2
500
17%
17%
17%
*17%
18
D en ver & R io G r a n d e ............ *17% 18% *17% 18%
513s 513s 4,641 45 Jan. 8 54 Mar. 9
51% 52
52% 52%
51% 52
52% 53
52% 52%
Do
pref.
9% Jan. 7
5 A pr. 18
S*5
6
1,668
5%
5%
5
5
5
5%
5
5%
5%
*5%
E ast Tennessee Va. & G a— .
40 Mfar. 24 51% Jan. 11
*40
50
*40
50
*40
50
*40
50
*40
50
50
*40
Do
1st pref.
20
Feb. 29
13
Apr.
7
*13%
15
506
*13%
15
13%
13%
*13% ' 15
14% 14%
*14% 16
' Do
2d pref.
1,055 x l l 9 % Jan.15 130 Apr. 11
129 129 * 129 130
128 129% 129 129
128 129
E vansville & Terre H a u te .... 128 128
142
Mar. 17
119
Jan.
22
138
138%
105
*139
141
*
138% 13 87 *138 140
Great Northern, p ref............... 139 139 * 139 142
700 103% A pr. 6 110 Jan. 5
105 105%
104% 105
10478 1047s *104 105
105 105 *104% 105
15%
Jan.
4
Illinois C entral......................
11
A
pr.
2
rl
l
%
11%
420
11%
11%
*1134
12
11% 11%
11% 11%
*11% 12
Iow a C e n t r a l...;............
43% 43%
300 43 Apr. 18 56% Feb. 13
*43% 47
43
43
*43
50
43
43
46
Do
pref. *43
27%
Apr.
18
20%
Jan.
19
26
263a
5,645
26% 26%
26% 2 6 s
26
26%
26% 27%
27
27
Lake E rie & W e ste rn ............ .
78% 79%
6,797 69% Jan. 5 80 A pr. 18
78% 79
78
78 7s • 78% 79%
7834 80
78% 79
Do
pref.
134% 1353s 133% 134% 20,765 120 Jan. 19 140% Mar. 5
134% 135
133
135%
1
3
4
%
1
3
6
135%
136%
Lake Shore & Mich. Southern
T
01
102%
150 95 Jam 18 103 M ai.
102
102
*
102
102
100% 100%
L on g Islan d .............................. *101 103
7 4 78 753s 74% 75% 36,126 71% Apr. 1 84% Jan.
75
7434 75%
753s 76
75% 75%
Louisville & N ashville............
2 3 7s A pr. 4 31 Jan.
10,930
27
27%
2638
27
27%
26
%
27%
26% 27%
25% 26%
2,808 ,104 Jan. 2 125% Apr.
124 124% 124% 1253s 124% 1253s
123 123% 123% 12 4% 123% :
3
,3
5
0
1
0
4 Jan. 20 116 Mar.
109%
109%
110
110
111
111
110% 110%
111 111% 111 111%
M ichigan Central..............
9238 Jan. 6 94 Feb.
*90 ......... '90 .........
*90
*90
*90 . . . .
*90
M ilwaukee Lake Sh. & W
128%
Feb. 24 135 Jan. 28
.30
140
*130
140
*
'130
140
*130
140
130 140
*130 140
Do
]
8 Feb. 25 12% A pr. 19
6,500
11% 1134 *11% 12
123s 11% 12U 12 12
11
10% 11
M inneapolis & St. Louis.
2538 Apr. 18
18
Mar.
24
24
4,360
*24
25
24%
2434
25
25^
2538
24
23% 23%
Do
]
15% Mar. 29 20% Jan. 13
*1634 17% *16% 17% *16% 17%
*17
18
18
*16% 17% *17
33% Jan. 13
27
Apr.
28%
28%
800
*28%
29
28% 2 8 1
%
2834 29 I 28% 2 8 7¡
29
29
Do
65% Jan. 4
60
603s 13,481 57% Apr.
60% 617ji) 59% 6 0 7a 60% 60%
61
61%
60% 60%
Missouri P acific.
42% Jan. 2
34%
Jan.
27
■36
950
38
38%
38% 38% *36
3634 38 % 37% 377j
38
*35
Mobile & O h io ...
85 Mar. 29 90 Jan. 14
*86
88
*86
88
88
*86
88
*86
88 I *86
*86 & 88
114% 114%
4,775 112% Jan. 19 119% Mar. 5
114% 115% 115 115
115% 115% 115% 115%
19
19
300 18% Mar. 31 22% Jan. 5
*18
19%
18%
*18
19
19
19
19%
New Y ork Chic. & St. Louis ., *19
75
75
300 74% A pr. 12 81% Jan. 4
75% 75%
*75
75%
75%
77
*75
77
*75
77
Do
1st
45 Jam 4
40
40
750 38 Apr.
40
40 34 39% 40
40
40
40
*39
Do
2d
34% Jan. 2
30% 30% 84,827 29 38 Apr.
3 0 38 31
■
30%
31%
32%
32%
32%
1
32
New Y ork Lake E rie & T
*73
74
3,694 7038 Jan. 19 77% Mar. 5
73% 74
73% 74%
75
753s
74% 75
Do
pref
59 Mar. 3
36%
Apr.
40% 41% 112,715
403s 42
39% 42
37% 39%
New Y ork & N ew E n g la n d .. . 38% 39%
224 Jan. 15 240 A pr. 14
*238 .........* 235 245
235 245 *238 ,
235 245
New Y ork New H av. & Hart *235
23% Feb. 11
183s
Feb.
19% 19% 16,499
19% 20
3 19% 20
20% 21
i
20% 21
14% Feb 15
*12%. 12%
1,110 10% Jan.
*12% 13
13
*12% 13
13
1234 13
. 12% 13
60 Mar. 14
470 41% Jan.
5 6 % 56%
57% 57% *56% 57%
.
58% 58% ||57% 58% *56%
Do
18 Jan. 4
14%
Feb.
25
325
*14
15
*14
15
*14
*14
15
15
14% 14%
.
14% 14%
N orfolk & W estern
261 48% Apr. 16 56 Jan. 4
48%
48% 48% *48
49
49
*48
48%
50
50
x48% 48%
Do
26%
Jan. 2
21%
Mar.
25
22%
22%
l,5
8
ó
22%
22%
B 22% 22%
22% 23
.
22% 22%
N orthern P a c ific ..
60% 61% 57,398 60% Mar. 26 72% Jan. 2
61%
6138 6 1 78 61
62% 62%
. 62% 62%
Do
Jan. 5
24
21
Feb.
11
* 2 2 % 24
*22% 24
Ohio & M ississippi
1,000 19 Jan. 12 37% Mar. 23
*27
30
*25
30
27
*25
30
27
26
27
28
Ohio S ou th ern .......................... ‘ 26
91%
Jan. 28
85
Jan.
20
22
*84
88
*85
88
86
86
*85
87
86% 86%
88
Oregon R ’ y & Navigation Co. *85
400 25% Mar. 28 33% Jan. 4
28
27% 27%
*27
*24
28%
28
28
28
Oregon Sh. Lin
Utah North
22%
Jam 4
18%
Apr.
1,470
19%
20%
19% 19%
20
8 19% 19%
20
20
19% 19%
P eoria D ecatur & Evansville.
57 7s 58% 878,085 38 Jan. 19 65 Feb. 11
57
58%
B 56% 58%
623&
61
59% 61%
Phila. & R ead., vot. trust, cert.
30%
Jan.
5
23%
Apr,
50
24
26
26
*24
26
25% 25% *24
26
*24
26
P ittsburg Cinn. Chic. & St. L . *24
67% Jan. 5
400 60 Apr.
62
64
64
63% 6 3 78 *62
64% *6134 65
63
Do
pref. *61% 64
43
Jan.
7
39%
Jan.
700
39% 40
*39
41
2 *39
41
39%
P itts. & W e s t , pref. tr. certs. ......... 39% *38
17% Feb. 12
10 1038 4.4,690 838 Apr.
i
10% 103s 10% 10%
934 10 %
10% 11%
R ichm ond& W estP ’tTerm inal
79 Feb. 16
1,700 50 Apr.
60
60
60
60
*56
60
56
57
55%
54
58%
59
Do
pref.
41 Jan. 5
37 Mar.
R io Grande W estern................
' ”510 68 Feb. 26 74 Mar. 11
;;;;;;
! "7 2 " ” 7 2 %
Do
p ref. "72% ’ 72%
100 110 Jan. 19 112% Jan. 4
110% 111%
R om e W atertown &Ogdensb. 110% 111% 110%111% 111 111 *110% 111% n í ó % 111%
11% Jam
320
7 78 Apr,
*8%
9%
*8%
9%
9
*8%
9%
9
9
9
*8%
9%
St. Louis Southw estern........
1,370
16 Mar. 30 22% Jan.
*17
18
17
17
8 *17% 18%
18
18
18
17% 17%
Do
p ref.
48%
Jam
Mar.
26
600 42
*44% 45%
45
45
2 *45
45%
45
*44
45%
45
45
St. Paul & D uluth.....................
100 103 Jan. 19 106% Feb.
104% 105%
2 105 105 *104 106
Do
p ref. 104% 105% 104% 105%
116%
Jam
1,530 112 Feb. 25
4 113% 1133s 113% 1133s 113 114
St. Paul Minn. & M a n itoba ... X ll2 3 8 ll2 3 8 112% 11338
41% Jam
1,700 37 A pr
37% 37%
37 38 37%
8 37% 37%
37% 37%
37% 37%
Bouthern P acific C o................
14%
Jam
9% Feb. 10
1,500
1038 10% *10% 10%
8 10% 10%
10% 10%
10% 10%
T exas & P a c ific ........................
972 23 A pr. 1 27% Feb.
24% 24%
24% 24%
■8 25
25
25 % ' 253s 25
25
25
Toledo A nn A rbor & N. M ich
52%
Feb. 13
46 Jan. 28
‘ 48
52
*48
52
*48
52
*49
52
*49
52
49
52
T oledo & Ohio C entral............
83 Jan. 12 88 Feb. 11
*82
85
*82
85
*81% 85
*81% 85
*81% 85
85
81
Do
p ref
24,470 4238 A pr. 4 50% Jan. 4
45% 46
45% 46%
8 45% 46%
46
46% 46%
46%: 46%
Union P a c ific . „
.............
515 19% Mar. 31 25 J an.
*19% 20% *19% 20%
2 *19% 21
20% 20%
20% 20%
U nion P acific D enver & Gulf
15% Jan.
998 11% A pr.
12%
12%
12%
12%
h
12%
12%
12% 12%!
12% 12%
W abash.......................................
33% Jam
26% Apr.
5,034
28% 283s 27% 28%
*
27% 283f
28% 29 I
28% 28%
Do
p ref.
40% Jan.
32%
Mar.
19
5,680
33%
34%
34%
34%
i« 33% 34%
333s 343s
3338 33%
W heeling & Lake E r ie ............
80% Jam
73%
A
pr.
2
3,532
76
763a 75% 76%
>a 75% 763f
75%
74% 77%
74% 74%
Do
p ref.
21% Jam
16%
Mar.
29
200
173s
173s
I73g
173s
% *17
18
*17% 18% *17%
W isconsin Central C o.............. *17% 18
M is c e lla n e o u s S t o c k s .
41%
Apr. 18
32%
Jan.
19
39%
40%
12,342
39%
40%
2 39% 403s
41% 413a 40% 41%
A m erican Cotton Oil C o.........
76% 77%
4,746 63% Jan. 19 78% A pr. 14
763s 76%
76
76%
77
76
77
77%
78
78
Do
pref.
101% Mar. 23
78%
Jam
19
95%
96%
18.548
95%
96%
2 95% 96%
95% 96%
95% 96%
A m . Sugar R ef. C o ...................
98 ! 1,791 90 Jan. 19 99% Mar. 23
97% 97% *97
2 97% 97%
97% 97%
97% 97%
Do
p r e f.
76% 77%' 18,200 71% Jam 2 81% Feb. 12
77% 77%
h 77
77%
78%
78% 783s 78
C hicago Gas Co., trust re c’ts.
1.400 30% Apr. 5 39% Jam 11
*31
33
*31
33
2 32
32
32
32%
31% 31%
C olorado Coal & Iron . . . . . . . .
2,810 102 Jan. 15 114% Feb. 6
8 113% 114% *113% 114% 114 114
113% 1143s 114
Consolidated Gas Co................ 1 1 3 % 1 1 4
48
48% 20,662 44% Mar. 9 67% Jam 7
47% 48%
>8 47
47%
46% 47%
47
47%
D istilling & Cattle Feed’g C o .
220 88% Jan. 15 104 Feb. 5
■101 103
*101% 104
102 102
E dison General E le ctric......... *100% 102
36,066 92% Feb. 13 104% A pr. 12
^ 101% 102*i 102 102% 101% 102
x l0 1 % 1 0 2
100% 102
N ational Cordage Co
100 Jan. 4 114% Feb. 3
1,705
'106% 107
108 108% 107 107
108 109
104 104
D ref.’x l 0 7 107
Do
3,931 30% Mar. 24 39 Jam 4
34% 34%
3 3 78 34%
\
34
34%
34% 353s 34%
34
34%
N ational L ead C o—
81 Mar. 24 86% Feb. 11
3,925
85% 85%
86
86%
% 86
86%
85%
86
86%
853s 85%
p ref.
Do
7,611 13% Mar. 24 18% Jan. 4
14% 14%
15
15
% 14% 15%
14%
14% 14%
14% 15%
N orth Am erican C o..
22%
A pr. 22 29% Jam 4
2
O
1
22% 22%
*22
28
*22
27
27
*22
*22
27
26
Oregon Im provem ent C o ....... *22
5,985 35 Mar. 28 40% Jan. 4
36
36
36%» 36%
36% 37
36% 37%
36% 36%
P acific M a il...............................
52%
Mar. 24 64% Jan. 12
59
59% 154,000
59
59%
% 58% 59%
59
59
59%
58
59%
P ipe Line Certificates § ...........
1,265 184 Jan. 4 195 Mar. 22
% 193 193% 193 193% 193% 193%
193% 194
Pullm an Palace Car C o........... 194 194
______
*87% 88 263,000 85% Mar. 28 95% Jam 4
87% 83
% .8738 87%
*86% 87
86% 87
Silver Bullion Certificates—
46% 46%
8,960 40% Jan. 19| 50% Mar. 1 0
46% 47%
46% 47
46% 47
46% 47%
Tennessee Coal & I r o n ............ 4538 46%
*102 110
100 92 Feb. 23 108 A pr. 21
*102 110
108 108
4 0 2 110
Do
pref.i*102 110 *102 110
82 Jan. 19] 93% A p r. 19
92%
93
I
68,204
% 92% 93?
92% 933s
9238
91
92%
W estern U nion T elegrap h -----! 90% 91
* These are the prices bid and a sk e d ; no sale m ade.
§ Prices from both Exchanges,
x E x dividend.
||Low est is ex dividend.
674
THE
CHRONICLE,
fVoL.
NEW YORK STOCK EXCHANGE PRICES (C ontinue!)—LVACTiFJS STOCKS.
I n a c t iv e
A pril 22.
sto cks
1Í Indicates unlisted.
Bid.
R a ilr o a d S to c k s .
A lbany & Susquehanna.............100
A tlanta & Charlotte A ir LTf___ 100
B elleville & South. 111. p r e f ..,.1 0 0
B oston& N . Y . A ir Line p r e f___ 100
B rooklyn E le v a te d f................... 100
Buffalo R ochester & P itts........100
P re fe rre d ................................... i o o
Burl. Cedar Rapids & N or........100
Cedar Falls & M innesota........... 100
C leveland & P ittsburg.............. 50
Colum bia & Greenville p f ........100
Des Moines & F o rt D od g e........100
P referred..... _........................
Range (sales) in 1891.
Ask.
155
85
145
165
95
152
Feb. 165
160
153
6*3
13
6*4
15
8
18
6%
16
25*3
83*« 86*2
5*3
7
8%
8*3
31*
5
91
Green B ay Win. & St. P a u i" !- 1 0 0
H ouston A Texas C entral.........100
Illinois Central leased lines___100
Kanawha & M ichigan....... ..... 1 0 0
K eokuk & Des M oines..... .........100
P referred ................................... ioo
Louisv. Evans. & St. L o., con s! 100
24
P re fe rr e d ............ . ................. ioo 50
Lonisv. St. Louis & T ex a s........ 100
21*3
M ahoning Coal............................ 50 98
P referred................................... 50 110
Memphis & Charleston.............. 25
M exican N ational....................... 100
M orris & E ssex......................
50
« . Y . Lack. & W estern...............100
*• Y . & N orthern p re f................ 100
16*3
P eoria & E astern.........................100
10
P itts. F t. W ayne A C h iea go... .100 153
R ensselaer & Saratoga___'____ 100 170
R ich m on d Term. tr. re cts........IOO i 10
Do
pref., tr. re cts....... 100 } 59
30
60
23
100
112
Feb.
5% Mar.
19*4 Jan.
6 Mar.
14 Feb.
25 Jan.
80 Mar.
7 Jan.
8*4 Apr.
3*3 Mar.
90 Mar.
10% Apr.
8*« Jan.
20 Jan.
7% Jan.
1678 Jan.
28*s A pr.
87 Mar.
7 Jan.
12*4 Jan.
4% Mar.
96 Jan.
14 Jan.
9 Mar.
20*4 Feb.
14
24
Mar.
A pr.
24 Mar.
14*3 Jan.
77*3 Feb. 100 Apr.
100 Feb. 112*3 Apr.
5 Jan.
148 Apr.
I l l Feb.
26 Jan.
15% Jan.
155 Apr.
175 Apr.
11 Apr.
59 Apr.
3*4 Mar.
143*8 Jan.
107% Apr.
17*3 16*s Apr.
11 Mar.
14
155 152*3 Feb.
175 164 Jan,
9% Apr.
10*6
54 Apr.
(* Indicates actual sales.)
A pril 22.
I n a c t iv e St o c k s .
Bid.
ITIndicates unlisted.
125 Jan. Ì3Ò Jan.
101*s Feb. 102 Jan.
32 Jan.
34
31 Jan.
35*3 Mar. 43*4 Jan.
83*4 Mar.
82*s 78% Feb.
50*8 Mar.
36 Jan.
7 78 Jan.
7 78 Jan.
150 Jan. 155*3 Mar.
32
1 40
81
50
F lint & P ere M arquette............ 100
Highest.
Lowest.
LIV,
St. Joseph & Grand Islan d........100
St. Louis A lton & T. H ...............100
Do
p r e f............. 100
St. L. & San Fran. 1st p re f........100
South C arolina............................ 100
T oledo P eoria & W esternU........100
T oledo St. Louis & K . Cityfl V irginia M idland.........................100
M is c e lla n e o u s S to c k s .
A dam sE xpress............................ 100
A m erican Bank N ote Coif___
A m erican E x press......................ioo
Am. Telegraph A C able............. 100
A m erican T obacco C o .,p r e f ...100
B runsw ick C om pany................. 100
Chic. June. Ry. A Stock Y ards. 100
P referred ..............
ioo
Citizens’ Gas of B rook lyn ......... 100
Columbus A H ockin g C oal........100
Com m ercial Cable.......................100
Consol. Coal o f M aryland..........100
E dison Gen. El., tr. r e c ts ..........100
Laclede G as..................................100
Do
p r e f..........................100
Lehigh A W ilkes. C oalfl.........
M aryland Coal............................ i ö ö
M innesota Ir o n ............................ ioo
National Lead Certs. IT............. IlOO
National Linseed Oil Co.............100
National Stareh M fg. Co........... 100
New Central C oal.........................100
Ontario Silver M ining...............'ioo
Pennsylvania C oal..................... 50
P. L orillard Co. p r e f................ 100
P ostal Telegraph—Cabletf...............
Quicksilver M ining..................... ioo
P referred .................................. ]ioo
Texas P acific Land T ru st........ !l0 0
U. 8. E x press................................100
W ells, F argo E xpress................. 100
Range (sales) in 18S2.
Ask.
Lowest.
Higheit,
9 Jan.
9*2 Jan,
38
42
32*4 Feb.
40 A pr.
145
128 Mar. 150 A pr.
76 ......... 76*s Jan.
79 Mar.
1 Mar.
4*2 Jan.
22
24
17% Jan.
23 A pr.
l 21%
8»a Jan.
26 Feb.
37 A pr.
38*8 Feb.
U 45
46
118
85
96
8
106
155
27
1103*3
i 19*3
55
17
24*2
*
20*4
29
9
38
280
60*s
3*2
17
14
+ 45
143
145*9 143*2 Apr. 150 Jan.
48
43 Feb.
45*2 Mar.
120 116 Feb. 119*2 A pr.
80 Jan.
85 Apr.
98
96 Jan.
993s Feb.
10
9 Apr.
14*2 Feb.
72 A pr.
79%, Jan
80*2 J an.
83 Feb.
107
94*4 Jan. 106 Apr.
15 Jan.
18*4 Jan.
160 148 Jan. 157 Apr.
29
26 Feb.
28*2 Mar.
9638 Apr. 104*2 Apr.
17*4 A p r. 2478 Jan.
60
57** Mar. 64 Jan.
25
25 Feb.
20 Feb.
25*3 23% Feb.
27 Mar.
80
76 Jan.
82 Jan.
20% 1878 Jan.
21 Jan.
31
32 Feb.
27 Jan.
42*3 35 Feb.
46*2 Feb.
10*3 10*4 Jan.
11% Feb.
40*2 37*2 Apr.
45*2 Jan.
275 Feb. 275 Feb.
114 Feb. 118 Jan.
62
54 Miar.
37 Jan.
4
3*9 Mar. ' 4 Jan.
21
16 Mar. 22*4 Jan.
15
15*2 Mar.
137a Apr.
54 Jan.
46*8 44 A pr.
148 140 Jan. 146*2 M a r.
* No price F rid ay; latest price this week
NEW
YORK
SECURITIES.
STOCK
Bid.
Alabama—Class A , 4 to 5 ....... 1906
Class B, 5s...............................1906
Class C, 4 s ............................... 1906
Currency fu nding 4s............ 1920
Arkansas—6s,fund.H ol.1899-1900
do. N on-H olford
78, Arkansas Central R R ............
Louisianar-7s, co n s................. 1914
Stamped 4 s ...............................
M issouri—F und............. 1894-1895
EXCHANGE
Ask.
P R ICE S—STJLr# B O N D S
SECURITIES.
(00« omitted.)
Bank of New Y ork ...
Manhattan C o...........
Merchants’ .................
Mechanics’.................
America......................
Phenix........................
City.............................
Tradesmen’s ..............
Chemical.....................
Merchants’ Exchange
Gallatin N ational.....
Batchers’ A Drovers’.
Mechanics’ A Traders
Greenwich..................
Iieatnei Manufacture.
Seventh National.......
State of New York__
American Exchange..
Commerce..................
Broadway...................
M ercantile..............
Pacific........................
Republic...... .■.............
Chatham ...................
Peoples’ ......................
North America...........
Hanover...... ..............
Irving.....................
Citizens’ . . . . . . ___
N assau .................
Market A Fulton..
St. Nicholas...........
Shoe A Leather....
Com Exchange..........
Continental................
Oriental......................
Importers’ A Traders’
P a r k ..........................
Bast River................
Fourth National........
Central National.......
Second National...
Ninth National__ ....
First National............
Third National...........
N. Y. Nat’l Exchange
Bow ery.......................
New York C ounty....
German-American....
Chase National........
Fifth Avenue...........
German Exchange...
G e r m a n ia .............
United States...........
Lincoln......................
Garfield.....................
Fifth N ational.......
Bank of the Metrop...
West S id e ................
Seaboard.............. .
Sixth National.........
Western National___
Wlrtt National.B’klyn
Southern National..
Ttoal..................
W e om it two ciphers(00) in all cases.
*
2.050.0
2 , 000,0
2,000,0
3.000.
1.000.
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.
. .
,,
9
SECURITIES.
Bid.
1.933.0
1.647.4
976.2
1.948.6
0
2.101.7
461.7
0
2.536.9
184.1
6.723.7
139.3
1.661.5
302.2
421.2
157.0
648,9
68,3
506.4
2.213.3
0
3,437,2
0
1.643.5
1.035.0
433.5
950.1
833.5
318.7
684.7
1.722.9
316.3
440.1
264.1
781.0
119.8
246.5
1.229.4
277.6
414.0
5.416.8
2,913,7
133.8
1.747.6
Loans.
9
15,000,0
11,626,0
8,206,0
9.805.0
17.318.3
5.769.0
15.715.4
2.846.1
24.796.0
3,978,4
5,943,9
1.827.3
2.370.0
1.173.4
3.416.6
1.564.8
3.571.2
18.891.0
21,036,6
6.926.6
9.594.3
2.944.1
14.337.4
6.380.3
2.352.7
6,062,6
18.573.4
3,280,0
2.917.9
2.863.1
4.198.2
2.190.4
3.082.0
9.254.9
5.674.3
2 . 210.0
28.540.0
28.273.4
Specie.
S
2.500.0
4.908.0
2.155.5
1.596.0
2.873.6
1.141.0
4,164,4
602,6
6.691.3
589,3
1.067.1
300.7
286.0
185.1
438.2
367.8
300.8
2.320.0
3.682.1
1,022,9
1.756.3
140.1
1.552.8
1.038.9
345.9
SL3.0
4.595.4
597,4i
623.9
378.2
733.7
225,5
479.0
2.130.1
1 528,1
143.2
5.145.0
7 320,1
123.1
6.106.4
1 940,0
1.245.0
949.8
6.040.9
720.3
173.3
603.0
820.0
378.9
4.540.7
1.240.0
174.2
874.3
1,870,6
1.994.4
1 123,1
465.9
1.082.0
388.0
574.0
225.0
Legale. Deposits.
9
1.300.0
1.329.0
613.0
556.0
1.397.8
1.003.0
855.0
267.7
1.763.5
639.1
954.0
256.2
315.0
164.9
701.9
77,9
377.2
2.022.0
2 .012.6
9
15,000,0
14.907.0
9.067.2
8.571.0
17.710.2
6.469.0
17.587.2
3.203.1
26.473.1
4.724.5
5,901.9
1,965,4
2.450.0
1.187.6
3.338.1
1.712.3
2,810,8
16.292.0
17.709.8
5.211.4
10.617.9
3.402.3
16.197.5
7.193.4
3.318.4
6.142.8
20.374.5
3.447.0
3.367.0
3.078.6
4.371.4
2.289.8
3.797.0
9.082.2
6.818.6
2.183.0
Ask.
97
107*3
101*2
8
New York City, Boston and Philadelphia Banks:
B anks.
Capital. Surplus.
2 , 000,0
A sk.
22.
101*9 103*2 N ew Y ork—6s, lo a n ..................1893 101
S.C. (cont.)—B row n consol.6s. 1893
93
105 107
N orth Carolina—6s, o ld ............JA J
30
Tennessee—6s, old.........1892-1898
62
Funding a c t............................ 1900
10
C om irom ise, 3 4-5 -6 s ......... 1912
72
95
97
N ew bonds, J. A J . . ..1 892-189 8
20
New settlem ent, 6 s ...............1913 107
Chatham R R ....................................
5
15
2
7
5 s ............................................... 1913 100
160 185
Special ta x , Class 1 ........................
2
5
3 s ...............................................1913
70
4
10
Consolidated 4 s ..................... 1910
97% 99
Virginia—6s, o ld .................................
105
6 s . ... BE...................................1919 122 124
6s, consolidated b on d s.................
87
90
R hode Island—6s, c o u .. 1893-1894
6s, consolidated, 2d series, rects.
105
South Carolina—6s, non-fund.1888
1%
l 7s
6s, deferred, t ’ st rec’ ts, stam ped
7
New York City Bank Statement for the week ending April
16,1892, is as follows.
Banks .
Bid.
A P R IL
S . Y o r k .*
Mar. 1 9 ....
“ 2 6 ...
April 2 ...
I
9 ....
“ 16.
R osten.
April 2 __
“
9
“ ie ::;:
P h ils .*
Capitai oc
Surplus. Loans.
$
123,926.9
127.077.1
127.077.1
127.077.1
127.077.1
9
494.659.7
490.435.3
489.725.1
490.875.7
493.629.4
Specie.
9
99,741,2
1012187
1018945
1Û18979
1029698
Legale. Deposited Cirr.’i’n Clearing/.
$
50.035.5
49,318,9
48,235,3
45.955.5
45,789,2
9
534,308,0 5.564.4
530.120.7 5,600,3
528,447,4 5,569,0
528.056.8 5.707.5
531,882,0:5,6.13,4
$
715.492,2
646.042.5
706.037.5
764.254,4
685,815,1
64.642.9 161.050.5 10,305,2 4,941.6 147.921.9 4,267,0 95,766,0
64.642.9 161.328.7 10,753,6 4.838,5 118.201.5.4.361.9 87,199,4
64.642.9 161.526.1 11,018,9 5,3*0,9 151,874,3,4.313,4 94,559,6
April 2 ....
I
9 ...
“ 16—
35.793.7 100.056.0
108.270.013.369.0 68.584.9
34.404.0
35.793.7 100.277.0
74.114.9
108.411.0
3,371/
34.783.0
36.793.7 99,855,0
37.047.0
111.930.0 3,376,0 65,115.2
* We omit two ciphers in all these figures, t Including, for Boston and Phila
l e l D h i a . t h e item “ due to other banks.”
Miscellaneous and Unlisted Bonds.— Stock E x. prices.
M isce lla n e o u s B onds.
M isc e lla n e o u s B and s.
.
Amer. Water Works—1st, 6s.
People’ s Gas A C. 11st g. 6s 103 b.
lstcen s. 5s, g ........ ........ ...
Co., Chicago . . . ) 2d g. 6s. luO b.
Cahaba Coal Mm.—1st g. 7s.. 108 b. Peona Water Co.—6s, g . ...... 102 b.
Ch. Jun. A S.Yds.—Col.t.g.,5s
Pleas. Valley Coal—1st g. 63. 97*ab.
Colorado Fuel—Gen. 6s........ ___
Pro; ter A Gamble—1st,g.,6s.
.
Col. A Hook. Coal A I.—6s, g.
200.0
U 5*'b.
Western Union Teleg’h—7s
Uonsol’n Coal—Convert. 6s . 104 D. Wheel. L.E.AP.Coal-lst,g.5s * 83 b.
700.0
Cons.Gas Co..Chic.—lstgu.5s 87 b.
1,000,0
U nlisted B o n d s..
Denv.C. w at. w ks.—Gen.g.ös
Ala. A Vicks.—Consol, os, g .. 89 b,
500.0
Pet.Un.Dep.AStn.—lstg , 4s.
600.0
100 b.
Edison Elec. 111. Co.—l» t 5s.
500.0
Atlanta A Chari.—1st 7s....... 116 b.
Equitable G. A F.—1st 6s___ ÌÒ0*4a. Comstoek Tunnel—Inc. 4s...
15 b.
750.0
H. nderson Bridge—ls tg . 6s. lu 6 J4b. Geoi gia Pacific—1st 6s .........
99 b.
600.0
,
Hoi;oken Land A Imp.—g.5s.
Consol. 6 g .................... .
57*gb.
500.0
1234p.
Mutual Union Teles;.—6s g .. 113 a.
Income 6s...........................
1,000,0
National Starch Mfg.—1st,6s. 103 a. Little R. A M.—1st 5 g .........
72 b.
1,000,0
Northwestern Telegraph—7s
Mem. A Charleston—Con.7 g.
300.0
1.500.0
30 .628.0
Note.—“ b” indicates orice bid ; “a” orice askkd.
2,000.0
33.878.8
Bank Stock List— Latest prices of bank stocks this week,
250.0
1.031.8
3.200.0
25.678.8
BANKS.
Bid. Ask.
Bid. Ask.
BANKS.
BANKS.
Bid. Ask’
520.2
2 , 000,0
10.977.0
434.5
300.0
6.226.0
312
206 212
238 242
180.9
750.0
3.942.7
_ N.Y. CoHnty. 605, 650
Garfield........ 400
500.0 7 066,6
28.928.1 Am. E x oh ... 166 160
122
308 315
N.Y.Nat.Ex. 130
57,5
1,000.0
5.496.9
280
335
110 120
153.8
300.0
1.605.8
182
330
166
501.0
250.0
3.003.0
133
150
165
57<>,6
200.0
3.602.4
345 35 J
425
225
283.5
750.0
2.837.7
Hud. R iver.. 142
P acifio......... ItO
500.0 1.033.5
18.834.3 Chatham---- 418
P a rk ......... — 315 630
890.1
100.0
5.961.7 Chemical.—. 4400 4800 Im. A Trad’s’ 600 625
450
180 3o0
569.2
200,0
3.412.8
Leather Mfa’ 240 260
515.7
Pheiiix— .... 125 130
200,0
3.327.0 Citizens’ ....... 152
400
250
654.8
125 135
500.0
7.980.0
Manhattan... 180
400,0
R ep u blic___ 170 180
300.0
6.497.1 Commerce... ¡88 192
406.2
Seaboard. . . . 172 . . . . . .
200.0
4.851.2 Continental. 131 135 jMarket A Ful 220 225
¡Mechanics’ .. 188 191
Second___... 325 ...«•a
314.8
150.0
2.087.5 Corn Exch... 250
685.6
Seventh........ 125 . . . . . .
300.0
5,740,1 Deposit........ ........ 115 ¡M’chs’ A T rs’. 180 230
257.4
200.0
2.483.0 East R iver.. . .. . 160 1Mercantile... 220 ______ ShoeALeath. 150 160
151
123
189.2
500.0
5.360.0
844.8
Merch’ts É x. 125 ISO State of N.Y. 115 122
200.0
1.465.0 ¡fifth Ave__ 20u0,
..... Metropolitan 1C
170.6
12
2 .100.0
T h ird ........... 100 105
12.061.3 Fifth............ 320
........
785.9
300,0
Tradesmen’ s.
4.499.0 ¡first............. 2500 . . . . . . Metropolis... .....
122.8
1,000,0
Uni id States 200
Mt. Morris .. 275 300
1.518.0 First N., S. I 108
121 124
170 ........
300
200 /Nassau......... 165
West S ide... 250
60,372,7J66,704,4 493,629.4 1029698/45,789,2 53L882,0 Fourth.
..
5 000
1 000,0
1 000,0
422,7
1.500.0
450.0
264.8
1.177.9
602.2
2.146.6
1.136.0
330.1
631.8
797.6
356.7
234.7
297.2
433.7
343.8
576.0
218.0
167,1
421.5
2.819.0
2 489,7
1. 166.8
165.6
23.048.5
1.424.7
9.541.0
847.0
5.246.0
308.0
2.881.4
335.6
28.851.0
1.335.9
5 120,6
751,4
1.670.0
291.1
2.875.0
160,0
2.991.4
225.3
3.003.6
234.4
14,590,3
1.605,2
6.494.6
264.1
2,891,3
670.7
2.838.6
431.2
6.701.6
225.3
4.966.0
262,0
3.764.6
401.8
1.874.9
191.9
4 715,T
452.3
2 213,0
349.0
4 719,0
756.0
1.588.0
213.0
17,172,9 1,888,0 1,320,5
4.247.0
929.0
388.0
149.1
1.996.7
261.9
TH E
A p r i l 23, 1892.]
CHRONICLE.
675
BOSTON, P H IL A D E L P H IA AND B AL T IM O R E STOCK E X C H A N G E S.
I3F* S h a r e P r ic e s — n o t P e r C e n tu m P r ic e s .
Active Stocks.
If Indicates unlisted
Saturday,
A p ril 16.
M onday,
A p ril 18.
Tuesday,
A pril 19.
W ednesday
A pril 20.
Thursday,
A p ril 21.
Friday,
A p ril 22.
Sales
o f the
W eek,
Shares.
R ange o f sales in 1892.
Low est.
Highest.
A-tch. T. & S. Fe (B oston). 100 37% 37%
36% 37%
36% 37
36%
36% 36%
35% 36% 25,792 3 4 78 Apr.
36
A tlantic & P ac.
“
100
*4%
*4%
5
5
4%
4%
4%
4%
+4% * 5
600
4. Mar.
*99 la 100
Baltim ore & Ohio (B a lt.). 100
99% 100 *
100 *
99% *99
99%
201 84 J an.
*
1st preferred
“
100
*130 138 *130 '
131%
*133
130
Jan.
*
• 2d p referred
“
lo o *
122 *120 122 *120 122
122 *120
116 Jan.
205 205
Boston & A lban y <Boston) . 100 204 204
204% 205
205 205
205 205
205 206
316 199 Jan.
B oston & L ow ell
“
i o o 175 175
*175%
175% 175% *175%
*175%
176 176
42 173 Jan.
B oston & M aine
«
100 169% 169% 16 9 % 1 7 1
170 170% 170 170
169% 170
170 170
915 159 Jan.
Central o f Mass.
"
100
16
16
16
16
‘ 16
17
*16
17
*16
*16
17
17
87 15ia A pr.
P referred
“
ioo 33 33 *33 34
33
33
34
*33
*33
34
33
33
36 33 Jan.
Chic.Bur.& Quin.
“
100 10á78 109% 109 109% 109 109% 108% 109% 108% 109% 108% 108%
4,742 10378 Feb.
Ohio. Mil. & St. P. (P h il.). 100 79% 79%
79% 80%
79% 80
78% 79
78% 79%
78% 78%
6,300 75% Apr.
K
55
54% 55
Chic. & W. Mich. (Boston) . 100
55
55
*54
55
137 48 Feb.
*5%
*5%
Cleve. & Canton
“
100
5%
5%
6
5%
5%
100
5ia Feb.
P r e fe r r e d ....
«
ioo 19% 19% 19% 19% 19% 19% *19 ‘
19% 19% *19
500 19 Feb.
89
90
F itchburg pref.
“
100
88% 89%
89
89% 90
89%
89
89
88% 89
753 81ia Jan.
FI. & P ere Marq.
'<
100
27%
*24% 27% *24
25 Feb.
86
86% 86%
86% *86
P referred
“
100
87
86% 86% *85%
*86
87 “
64 75ia Feb.
36% 36%
36% 37%
H unt. & Br. Top. (Phila ) . 50
35% 36%
37%
37% 37% *36% 37%
1,745 25 !a Jan.
55
55
54% 55 *
P referred
“
50
5478 54%
54% 54% *54
54%
54%
150 46 ia Jan.
58% 59%
59% 59%
59% €0
Lehigh V alley
“
50
57% 58%
58% 58%
58% 58%
8,598 50% Jan.
*
117
117 *117 119 *116
M aine Central (B oston). 100 ’117 118
118 118
118
26 112 Mar.
18% 18%
19
19
18%
M exican Central
“
100
18% 18% *18
18% 18%
750 18% Apr.
18%
N. Y . & N. Eng.
“
100 38% 39%
39% 39%
38% 39%
39% 42
40% 41% 20,272 3 6 78 Apr.
40% 42
95
93
95
95
89 2% 95
P referred ___
“
100
92% 94%
93
95
94
94
1,112 92% Apr.
*
N orthern Central (B a lt.). 50 "68% 69% *68% 69% *69
69%
69% *69
70
68 Jan.
22% 22%
22% 23%
22% 22%
N orthern P acific (P hila .). 100
22% 22%
23
22% 22% *22
3,860 21ia Mar.
62% 62%
62% 62%
62
P referred
“
100
62%
61% 61%
60% 61
61
61%
9,401 60% Mar.
174.lo
174 174% 175 175 *17*1 175
174
Old C o lo n y .. . . (B oston). 100
I 74
33 164ia Jan.
56% 56%
56% 56%
55% 56%
P enn sylvania.. (P h ila .). 50
5 5 % 56%
55% 56
55% 55% 12,775 54ia Mar.
39% 39%
Philadel. & E fie.
“
50
39% 39%
40
39%
39
39
40
40
39
894 32 Jan.
Phila. & R eading
"
50 291310 30% 30 ôiô 31^16 29% 30Hm
23Sj( 29% 289 j6 29316 28 is, ,.29151(; ¡86,441 193 ie Jan.
*5
Summit Branch (B oston). 50
5
5
*5
10
5 Mar.
U nion Pacific
“
100 46% 46%
46% 46%
46% 46%
45% 46%
46% 46%
45% 45%
4,177 42ia A pr.
227% 227% 227L j 227 k *227
United C os.ofN .J.rP A tia.;i00 227 227 *227
*227%
82 x223% M ar
8%
8%
8%
WeatcrnN. Y .& P a fP M a .j .100
8%
*8%
8%
*8%
8%
8%
8%
8%
8%
700
8 Jan.
46% Jan. 4
5% Jan. 5
100% Mar. 15
135 Feb. 15
1201s Mar. 9
209 Mar. 9
176 A pr. 22
172% Mar. 21
18 Jan. 8
38 Jan. 9
l í o s » Jan. 28
83% Jan. 7
55 Mar. 31
8 Feb. 12
23 Jan. 4
90 A pr. 16
28ia Mar. 25
87 A pr. 6
3714 Apr. 19
55 Apr. 18
62% Feb. 11
118 Apr. 14
24% Jan. 4
58% Mar. 3
114% Jan. 9
69% Mar. 16
26% Jan. 5
72% Jan. 2
175 A pr. 19
57% Jan. 2
40% Mar. 3
34% Feb. 11
7 Feb. 15
50% Jan. 4
227% Apr. 19
10% Feb. 18
M is c e lla n e o u s S to c k s .
A m .8ug’rRefln.lJ (Boston) ___
95%
P referred.........
“
___
97%
B ell T elep h on e..
*•
100 199
Bost. A M ontana
“
25
44
B utte & B o sto n ..
“
25
15
Calumet & H ecla
“
25 277
69
Canton Co........... (B a lt.).100
53
Consolidated Gas
“
100
Brie Telephone (Boston) . 100 46
Lam son Store Ser.
“
50
16%
Lehi’h Coal&Nav. 'P h il.) 50 54%
N.Eng. Telephone (Bost'n) 100 53
N orth A m erican. (P h il.). 100 *14%
Them son-H’n E l .. (Bost’n ) 25
59%
Preferred........... «
25
28%
W e s tE n d L a n d ..
M
....
18%
* B id and asked prices;
101% Mar. 24
100 Mar. 25
210 Jan. 15
45% A pr. 18
17% Jan. 5
281 Mar. 21
69 Apr. 16
53% A pr. 9
47 Jan. 7
17 Jan. 4
55% Feb. 15
53 Feb. 29
18% Jan. 2
62% Feb. 9
29%, Feb. 9
20 Mar, 1 4
Inactive Stocks^
95% 96%
96
95% 96%
95%
97% 97%
97%
97% 98
97%
199% 199% 200
199% 201% 201
44%
45
45%
43% 45
44
15
15%
15%
14% 15%
14%
280 280
277
280 280
280
*66
69
78
*66% 75
52% 53
53
53
53%
53%
46% 46%
46
46
46% *46
16%
16
16
16
16
*16
54%
54% 54%
54% 54%
53%
53
53
53
53
53
*53
14%
35
15
15
15%
15
59% 60%
60
60% 61%
61%
29
29
29
29
29
28%
18%
18% 19
18% 18%
19
Bid.
Ask.
Inactive stocks.
96%
95%
96
96%
97
97%
98
98
203% 203 209
205
42%
44%
42% 43
14% 14% *14
14%
280 *270 278 *275
*67
53%
53
53% 53%
46
46%
*15%
*16
54%
54
54
54%
53
53
53
15%
15% 15%
14%
62%
61%
61% 62
29
28%
*28% 29
19%
19
19%
19%
Bid.
Thom.Europ.E.Weld1T (Boston) 100
10
W ater P ow er.................
f* 100
3%
W esting. El. tr. reo.1T
“ 50,30
Ask.
12
96
97%
207%
42%
14%
279
70
53
46%
16%
54%
53
15
62
29
19%
5,975
7858 Jan.
1,882
4,710
3,640
45
10
1,283
270
155
1,695
117
3,490
9,706
964
4,361
192 Mar.
31 Feb.
Ì3 % Apr.
253 Feb.
60% Jan.
43 Jan.
4313 Jan.
14ia Feb.
48 !a Jan.
50% Feb.
14 Mar.
4 9 78 Jan.
26% Jan.
16% Jan.
888 90ia Jan.
Bonds.
Bid. A sk.
113
Penna. Consol. 5s, r .........1919, Var
_
4
Collat. Tr. 4% g ...........1913, J&D 109
A tlanta & Charlotte (Ba
90
0 88
30% Pa. & N. Y. C a n a l,7 s ...1908, J&D 123
9 250 253
Consol. 5s.................... 1939, A&O t ......... 114
Bonds—Boston.
9 27
At.Top.& 8.F.100-yr.4g.,1989, J&J § 82% 82% Perkiom en, 1st ser., 5 s .1918, Q—J 103%
Catawissa...........
)
8%
100-year incom e 5 g., 1989.Sept,
57% 57% Pnila.& E rie gen. M. 5g.,1920, A&O 111% 1
1st p referred.
) 60% 62% Burl. & Mo. R iver E xem pt 6s, J&J 107%
Gen. m ort., 4 g .......... 1920, A&O 100
2d p referred ..
) ......... 62%
N on-exem pt 6s.............1918, J&J
Phila & Read, new 4 g „ 1958, J&J
87
8838
) 55
58
Plain 4 s ......................... 1910, J&J
1st pref. incom e, 5 g, 1958, Feb 1 75%
Cauri. Col. & Augusta
0 10
30
Chic. Burl. & Nor. 1st 5,1926, A&O 4 0 3 % 1033s
2d pref. incom e, 5 g, 1958, Feb. 1 67% 6 7 %
4) m necticut & Pass. (
0 .........
2d m ort. 6 s ..................1918, J&D 103 103%
3d pref. incom e, 5 g, 1958.Feb. 1 59% 59%
C m necticut R iv e r ...
0 .........
Debenture 6s.............. 1896, J&D ¡102 103
2d, 7 s ............................ 1893, A&O 103
- -m
D elaware & Bound Br.i
0 .........
Chic. B url.& Quincy 4 s ..1922, F&A
92%
Consol, m ort. 7 s .........1911, J&D 132%
H ar.Ports.M t.Joy& L.
0 80
Iow a D ivision 4 s........1919, A&O
92%
Consol, m ort. 6 g .........1911, J&D
B an. C’ y Ft. S. & Mem. (.
) ......... 45
Chic.&W .Mich. gen. 5s, 1921, J&D
98% 99
Im provem entM . 6 g., 1897, A&O 104
P re fe rre d .................
) 110 115
Consol, o f Verm ont, 5 s.1913, J&J
95
95%
C on.M .,5 g.,stam ped,1 9 22,M&N
105%
K City Mem. & B irm .
__,„
) 15
18
Current R iver, 1st, 5 s..1927, A&O
90
Phil. Wilm. & Balt., 4 s. 1917, A&O
97
68% Det. Lans. & N or’n M. 7s. 1907, J&J
0 68
108% Pitts. C. & St. L., 7s. ...1 9 0 0 , F&A 116 116%
0 .........
E astern 1st m ort. 6 g., 1906, M&S
123% P o ’keepsie Bridge, 6 g. 1936, F&A
65
M aryland C e n tra l...!
(Balt.)
0 .........
Eree.Elk. &M. V .,lst, 6S.1933, A&O
123
3chu yl.R .E .S ide,lst5 g.1935, J&D IOS1«
Mine H ill & s. H aven (Phila.).
0 70
U nstam pedlst, 6 s___ 1933, A&O 120
Steuben.& Ind.,lstm .,58.1914, J&J 106% __ ,
N esqu eh on in gV al....
»1
0 52% 53% K.C. C.& Spring.,1st,5g.,1925,A&O
United N. J., 6 g .............1894, A&O 102
9 .........
K. C. F. 8. & M. con. 6s, 1928, M&N
W arren & Frank.,1st,7s,1896,F&A
108
9 84%
K.C. Mem. & B ir.,1st,5s,1927, M&S § 51
. B o n d s .—B a lt im o r e .
9 26% 27% K .
C. St. Jo. & C. B ., 7 s.. 1907, J&J123
Atlanta & Chari., 1st 7s, 1907, JfcJ 118 119
9 .........
L. R ock & Ft. 8., 1st, 7 s .. 1905, J&J
95%
95
Incom e 6s................... 1900, A&O
97
) .........
Louis.,Ev.& St.L.,1st,6g.l92 6, A&O
110 B altim ore & Ohio 4 g ., 1935, A&O 99% 100%
Baleigh & G a sto n . . . .
9 .........
2m ., 5—6 g ..................1936, A&O
P itts. & Conn., 5 g ...l9 2 5 , F&A
9
4% Mar. H. & Ont., 6s........1925, A&O
Staten Island, 2d, 5 g .19 26, J&J
P referred.................
9 .........
E xten . 6 s..................... 1923, J&D
IBal.&Ohio S. W .,1st,4% g. 1990, J&J 10 5% '105%
Seaboard & R oanoke.
......... i b i
M exican Central, 4 g . ..1 9 1 1 , J&J
69
69*a| C apeF.&Yad.,Ser.A.,6g.l9L6, J&D
97
98
1st p re fe rr e d .,....... .
9 ........
1st consol.incom es, 3 g, non-cum,
35%
Series B., 6 g ................1916, J&D
96% 9 6 %
9 72% 73
2d consol, incom es, 3s, non-cum,
20 II Series C., 6 g ................ 1916, J&D
69
97
P referred,....................
“
86%
L Y . & N .Eng,, 1st, 7s, 1905, J&J 119%
Cent. Ohio, 4% g ............ 1930, M&S
W est Jersey................(Phila.).
1 58
1st m ort. 6 s ................. 1905, J&J >110 %
Chari. Col.&Aug. 1st 7 s .1895, J&J 1 0 3 % 1 0 4
West Jersey & A tlan.
“
> 19
2d m ort. 6 s ..................1902, F&A
106
Ga. Car. & Nor. 1st 5 g ..l9 2 9 , J&J 103% 104
W estern M aryland..
(Balt.).
16
18
2d m ort., scaled, 5 s ...1902, F&A
North. Cent. 6 s................ 1900, J&J 113% 114
Wilm. Col. & Augusta
“
110
)gden. & L. C., C o n .6 s.l9 2 0 ,A * 0 §
6s.....................................1904, J&J 117 118
W ilm ingt’n& W eldon
“
110
Inc. 6 s ...................................—1920
Series A , 5 s...................1926, J&J 109%
W isconsin C en tral... (Boston)
17% ......... :
4 % s ............................... 1925, A&O
Preferred....................
«
42
43
2d, 5s............................18 9 8 ,F&A |100
Oxf.& Clark.,int.gu.,6 g.l937,M & N
W ore’st.Nash.&Roch.
“
P ied m .& C u m .,lst, 5 g .l9 1 1 , F & A
100
. Bonds.—Philadelphia
M ISCE LLAN EO U S.
110%
Pitts.
& Connells. 1st 7s. 1898, J&J 114% 114%
A llouez M ining.........(Boston)
75o. 1 0 0 1
t ........ 105
Virginia Mid., 1st 6 s . ..1906, M&S 112
«•
A tlantic M ining.........
11
12
;
112
2d Series, 6 s..................1911 M&S 112% 113
City Passenger R r ! . ’ (Ball.)
75
80
(
116%
3d Series, 6 s ................ 1916, M&S 100 108
29% 30
(
4th
Series, 3-4-5s....... 1921, M&S
80
B oston L and..................
“
6
6%! <
119
99% 100
5th Series, 5 s ...............1926, M&S
Centennial M ining.! *
••
10% 11
c
W
est
Va.
C.
&
P.
1st,
6
g.19
11,
J&J
107% 108
F ort W ayne E lectric^
ft
13% 13% 1
25
127
West’ L N.C. Consol. 6 g .19 14, J&J
Franklin M ining___
«
25
15
15% ]
109
W ilm. Col. & A ug., 6 s .. 1910, J&D 118 120
Frenchm ’ n’s B ay L ’nd
“
5
5%
5% I
120
M ISCE LLAN EO U S.
««
H u ron M ining............
......... I
25
101 %
Baltimore—City H a ll6 s.1900, Q—J 115 117
Illinois Steel if............
««
100 71
......... I
109%
F
unding
6 s................... 1900, Q—J 115 115%
Kearsarge M in in g.. . .
«
25
13
13%
2d 6s, g o ld ...................1897, J&D 111
We3t Maryl’d R R . 6 s ..1902, J&J 116
Met. Trac. C o.......... (Phila.)....... t l l 3 %
General m ort. 4%s, g ,19 24,Q —F¡ 101%
W
ater
5
s
................................ 1916,M&N
123 124
Morris Canal guar. 4 . (P hila.).100
___ r
Funding 5 s ............................. 1916,M&N
124
P referred guar. 10“
100 202
2d 7 s ..............................1910, M&S 133%
E
xchange
3%
s.............1930,
J&J
101% 102
Osceola M ining.......... (Boston). 25
31%
Consol. 6 .......................1923, J&D 129%
Virginia (State) 3 s ,n e w .l9 3 2 , J& J
71% 72 %
Pullman Palace C ar..
“
100 193
194% 5forth Penn. 1st, 7 s ....1 8 9 6 , M&N 113%
Chesapeake Gas, 6s....... 1900, J&D 109 109%
Q uincy M ining...........
«*
25
Gen. M. 7 s......... ...........1903, J&J 129
Consol. Gas, 6 s ................ 1910, J&I) 113% 114
Tam arack M in in g ....
“
25 170
L72
E
130
5 s .....................................1939, J&J
Thom son Ele. WeldV.
“
100
Consol. 6s. c
. 1 9 0 5 . V a r 122
lEonitahie Has. 6 s......... 1913, A&O 107
Ï Unlisted. $ A nd aoorued interest^
1 Last prioe this week
Prices o f A p ril 22.
THE
676
CHRONICLE.
I"V o l . LIV,
N EW YORK STOCK EX C H A N G E PR IC E S (Continued).— A C T I V E BONDS A P R IL 2 3 , A N D F O R Y E A R 1 8 9 2 .
Ifllos’ng ' ]lange (sales ) in 1892.
R a il ro ad and Miscel . B onls . - nter’ sl ] Price 1
Highest.
period. / Lpr. 22
Lowest.
Olos’ ng lange ( sale s) in 1892.
R a il r o a d and M iscel . B onds . '.nter’ sl Price
Lowest.
aeriod. i pr. 22
Highest.
1 12 Feb. 1 17 Apr.
Mobile & Ohio—New, 6 g ..l9 2 7 T & D1 L17
l12
107*4 Jan. 1 12 Apr.
Amer. Cotton Oil, deb., 8 g.1900 Q - F
61*3 Apr.
6 7 78 J an.
General m ortgage, 4 s ... 1938 Vf & s 63*3
84 Jan.
& J 83%
81 % Feb.
AfcTop.&S.F.—1 0 0 -y r.,4 g .l9 8 9
r
&
j L28*2b. 3 26% Jan. 129
Feb
Nash.
Ch.
&
St.L.—1st,
7s.
1913
66%
JTan.
5778 Apr.
57*3
100-year incom e, 5 g ....... 1989 Sept.
L02
b.
]
4
&
0
06 Feb
L
O
313
Jan.
1
Con., 5 g . . ..................... ..1 928
73 b. 71*3 Mar. 74 Jan.
AtL. & P a c.—Guar, 4 g ....* 9 3 7
if .& N L03%b. 01% Jan. I 05 Mar
N.Y.
Central—E
xtend.,
5
s
.1893
.
14*4
Jan.
W .D. inc., 6 s . . . . . ............ 1910 r"‘ &* j I I b. 11 Apr.
1st, cou p on ,7 s............ ...1 9 0 3 r & j L26*2b, 3 23*3 Jan. 127 A pr.
B rookl’ n E levat’ d 1st, 6 , g . 1924 4 & o L14*2b. L ll Jan. j 18 Mar.
D eben .,5s, coup., 18 84.. 1904 Vf '& s L08*e
07% Mar. 1 10 Feb.
08 Mar.
& j L07%
105*8 Jan.
Can. South.—1st guar., 5s 1908
N.
Y . & Harlem —7s, reg . 1900 Vf &N* 123 *4b. 20% Jan. 1 22*4 Feb.
2d, 5s.................................. 1913 if & s 101 b. 100 Mar. 1 0478 Feb.
A
&
O
3
Lll*2
R
.
W.
&
Ogd.—Con.,
5
s
..
1922
11*3 Apr. 115 Feb.
85
Feb.
74
71 Apr.
Cent. Ga.—S & W. 1st con.5s,’ 29
95 Jan.
99 Feb.
N. Y. Chic. & St. L.—4 g ...l 9 3 7 A & 0 96*4
Central o f N. J.—C ons.,7s. 1899 Q—J 115 b. 15 Jan. ^L17*3 Mar.
L13*sb.
J
&
J
3
12 Jan. 114 Feb.
N.
Y
.
Elevated—7
s..............1906
Consol., 7 s ........................ 1902 H & N 122 b. L20 Jan. :L23*s Mar.
N. Y . Lack. & W.—1st, 6 s .. 1921 I & j * : L273sb. 25 Jan. 1 27*3 Mar.
1123
b Feb.
I
«S
t
J
L
ll%
b.
109*3
Jan.
General m ortgage, 5 g ..l9 8 7
Construction, 5 s..............1923 F & A 110 b. .10 Jan. 3 10*3 Apr.
109*3 Jan. LI 2 Apr.
Leh.& W .B., con.,7s, asm. 1900 Q—M 112
N.Y.L.E.&W .—lst,co n .,7 g .l9 2 0 M & S 136
L34*4 Mar. 38*3 Feb.
do. m o r t g a g e e s .........191? M & N 98 b 94 Jan.- L01*3 Mar.
L
ong D ock, 7 s ................. 1893 J & D 105 5sb. l04*4 Jan. ' 057s Apr.
Am . D ock & Im p., 5 s-----1921 J & J 107 b. 105*3 Jan. L08 Feb.
Consol., 6 g .....................1935 A & O 118 b. .17*4 Apr. L21 Feb.
LI
1*4
Apr.
J
&
J
109*4
Jan.
111*4
Central Pacific—G o ld ,6 s..1898
03 Apr.
2d consol., 6 g ................. 1969 J & D L07*3b. l06*s Jan.
Ghes. & Ohio—M ort., 6 g ..l9 1 1 A & O LI 6 b. 114*3 A pr. L19 Feb.
16 Jan.
.10% Apr.
N. Y . Ont. & W.—1st, 6 g ..l9 1 4 M & 8 1115s
1st consol., 5 g ................. 1939 M & N 1055s 103*3 Jan. 106 Jan.
L05%
J
&
D
.05
Mar.
.00
Jan.
Consol.
1st,
5
g
................1939
78*8 Apr.
76 Jan.
B .& A .D iv .,lst con.,2-4 g. 1989 J & J 78
055s Apr.
105 b. 103 Jan.
J
&
J
N.
Y.8us.&W.—ls
t
r
e
f.,
5
g.1937
79*s
Mar.
J
&
J
78
a.
75*3
Jan.
do 2d con., 4 g . . . 1989
115
*3b.
119
Mar.
L16
Apr.
A
&
0
Midland
o
f
N.
J.,
6
g
....l
9
1
0
Chic. Burl. & Q.—Con., 7 s .1903 J & J 124 b. 121*3 Jan. L24 Apr.
95 Jan.
Norf. & W.—100-year, 5 g.19 90 J & J 945sa. 95 Jan.
Debenture, 5 s................... 1913 M & N 104*2 101 Jan. 104*2 Apr.
93
a.
95
Jan.
91
Feb.
J
&
J
Md.&Wash.
D
iv
.-ls
t
,5
g.1941
C onvertible 5s..................1903 m & e I I I b. 10778 Mar. 114 Jan.
North.Pac.—1st,coup., 6 g . 1921 J & J L175sb. .15 Jan. 118*3 Mar.
915s Feb
91*3 Feb.
D en ver D ivision, 4 s ....... 1922 F & A 94
L123s
Apr.
16*3
Mar.
A
&
0
General, 2d, coup., 6 g ..l9 3 3
818*3 Mar. 91*4 Feb.
Nebraska E xtension, 4 s .1927 M & N 91
General, 3d, coup., 6 g .,1 9 3 7 J & D 111 a. 107*8 Jan. I l l Apr.
Chic. & E. 111.—I s t,s .f.,6 s .l9 0 7 J & D 116 b. 112*3 Jan. 115*2 Mar.
80%
Jan.
76
Mar.
J
&
D
78%
Consol, m ort., 5 g ............ 1989
Consol., 6 g ........................ 1934 A & 0 123*4 a. 120% Apr. 122*3 Jan.
82 Feb.
76*3 Apr.
Chic. & N .P .—1st, 5 g ...l 9 4 0 A & O 77%
General consol. 1 s t,5 s . .1937 M & N 102 b. 97 Jan. 103*4 Apr.
97*sb.
103
Feb.
96 Apr.
North. Pac. &M on.—6 g . . . 1938 M & S
97*s Jan. 104*4 Apr.
C hicago& E rie—1st, 4-5 g.19 82 M & N 104*3
North. Pac. Ter. Co.—6 g ..l9 3 3 J & J 108 b. 105 Jan. 108*4 Mar.
53% Feb.
48 Jan.
Incom e, 5s........................ 1982 Oct’b ’r
Ohio &Miss.—Cons. s.f.,7s. 1898 J & J 112 b. 111 Jan. 113 Apr.
91*4 Apr.
Chic. G asL . & C — 1s t ,5 g . 1937 J & J 9 0 78b. 86 Jan.
Consol., 7 s ........................ 1898 J & J 112 b. 110 Mar. 112% Feb.
Chic. Mil. & St.P.—Con.7s.1905 J & J 127 b. 125*4 Jan. 128% Mar.
Ohio Southern—1st, 6 g . ..1921 J & D* 110*sb. 106 Jan. 111 Mar.
112*3 Jan. 116*3 Apr.
1st, Southwest D iv., 6 s .1909 J & J 116
6678 Mar.
General m ort., 4 g .......... 1921 M & N 66 a. 62 Jan.
1st, So. Min. D iv., 6s-----1910 J & J *117 b. 113*2 Jan. 117*8 Mar.
62*3 Apr.
Omaha & St. Louis—4 g .. 1937 J & J 62*3b. 62*3 Apr.
1 st,Ch.&Pac. W .Div., 5 s .1921 J & J 1083sb. 106 Jan. 108*4 Mar.
J
&
D
101
*sb.
104*3
Feb.
101*3
Jan.
Oregon
Im
p.
Co.
1st,
6
g.1910
Chio. & M o.R iv.D iv., 5 s .1926 J & J 103*vb. 100*4 Jan. 103% Apr.
64
Apr.
71*4 Jan.
A
&
Ol
64*3
Consol.,
5
g
......................
1939
106%
Apr.
J
&
J
1065sb.
103
Jan.
Wis. & Minn. D iv., 5 g ..l9 2 1
111*3
Mar.
111
b.
10978
Jan.
J
&
Ji
O
re.R
.&
N
av
Co.—I
s
t
,6
g
.l9
0
9
Term inal, 5 g ................. .1914 J & J 106 b. 103 Jan. 107*8 A pr.
96 Feb.
Consol.,5 g ........................ 1925 j & d I 94 b. 91*3 Apr.
89*3 A pr.
Gen. M., 4 g ., series A . . . 1989 J & J 89*sa. 86*4 Jan.
10558
Jan.
107*3
Apr.
J
&
J!
107
b.
Pa. Co.—4*2 g., cou p on ___ 1921
M11.& Nor.—1st, con., 68.1913 J & D 114 b. 111*4 Jan. 115 Apr.
Peo. D ec.& E vansv.—6 g ..l9 2 0 J & J 100 b. 103 Apr. 110 Feb.
Chic. & N. W.—Consol., 7 s .. 1915 Q - F 139 b. 137 Feb. 142 A pr.
108
Jan.
100
Apr.
100
M
&
S
E vansville D iv., 6 g -----1920
Coupon, gold, 7 s.............. 1902 J & D 126*4b. 123*3 Jan. 126*3 Apr.
71*3 Mar.
69*3 Jan.
2d m ort., 5 g .....................1926 M & N 71*3
Sinking fund, 6s .............. 1929 A & 0 116 b. 116 Jan. 120 Mar.
90 Feb.
83*8 Jan.
Phila. & Read.—Gen., 4 g.1958 J & J 87*e
Sinking fund, 5s.............. 1929 A & 0 107*2b. 107*8 Apr. 109*4 Feb.
753s
79 Feb.
Feb.
69*3
Feb.
1st
pref.
incom
e,
5
g
.......
1958
M
&
N
107%
Apr.
107
*3b.
105 A pr.
Sinking fund debeny 5 s .1933
72 Feb.
53%
Feb.
6 6 78b.
2d pref. incom e, 5 g ....... 1958 Feb.
25-year debenture, 5 ___ 1909 M & N 106*4 104*2 Feb. 107 Mar.
67 Feb.
37
Jan.
Feb.
59*4
.......
1958
3d
pref.
incom
e,
5
g
F
&
A
98 b. 96 Jan. 100*3 Jan.
E xtension, 4 s...................1926
84 Feb.
80*4 Jan.
Pittsburg & W estern—4 g.1917 J & J 83*4
Chic. Peo. & St. Louis—5 g.1928 M & 8 101 b. 96 Mar. 101 Apr.
112
Jan.
1067sb.
J
&
J
105*s
Mar.
Rich
&
Danv.—Con.,
6
g
..l9
1
5
Chic. R.I, & Pac.—6s, c o u p .1917 J & J 126*4b. 121 Jan. 126 A pr.
85 Feb.
C on sol.,5g........................ 1936 A & O 7513b. 75 Apr.
E xtension and c o l.,5 s .. .1934 J & J 103*4 10138 Jan. 103*4 Apr.
100
Feb.
F
&
A
88
Apr.
87*3b.
Rich.&W.P.
Ter.-Trust,6
g
.
1897
95 Jan.
98*3 Feb.
30-year debent. 5s.......... 1931 M & S 96%
72% Feb.
52 Apr.
Con. 1st & col. trust, 5 g.1914 M & S 58*2
Chic. St.L. & Pitt.-Con., 5g. 1932 A & 0* 107 *sa. 105 Jan. 106 A pr.
80%
A
pr.
76%
Jan.
J
&
J
80*3
Rio
G.
Western—1st,
4
g
..l9
3
9
120 Feb. 123*3 Apr.
Chic. St. P. M. & 0 .—6 s . . . . 1930 J & D 123
95 Jan. 100 Mar.
St. Jo. & Gt . Island—6 g ..l9 2 5 M & N 99
93*2 Mar.
Cleveland & Canton—5 .. .1917 J & J 88*3b. 88 Jan.
108%
Jan.
107
b.
J
&
J
107*3
Apr.
St.
L.
Alt.
&
T.
H.—1st,
7s.
1894
C. C. C. & I.—Consol., 7 g.1914 J & D *132 b. 128*3 Jan. 132*3 Apr.
St. L. & IronM t.—I s t 7 s .. .1892 F & A 1023s 101 Feb. 104% Jan
General consol., 6 g ....... 1934 J & J 121 b. 118*3 Jan. 122% Mar.
2d, 7 g ................. .............. 1897 M & N 110 b. 108 Jan. 109*3 Feb.
83 Feb.
CLC.C.&St.L.—Peo. & E. 4s. 1940 A & O 80 b. 79% Apr.
Cairo Ark. & Texas, 7 g . .1897 J & D 107 b. 105 Jan. 109 Mar.
34*2
Peb.
A
pril.
2a78a.
30*2
Jan.
Incom e, 4 s ........................ 1990
86*2 Mar.
83% Apr.
Gen. R’y & land g r .,5 g ..l9 3 1 A & O 84*4
Col. Coal & Iron—6 g .........1900 F & A 101 %a. 100*3 Mar. 103*2 Jan.
112 Jan. 115 A pr.
St.L.
& San Fr.—6 g .,C l.B .19 06 M & N 115
74
Jan.
F
&
A
70
Mar.
70%
Col. Midland—C o n .,4 g ...l 9 4 0
114*3
Apr.
112
Jan.
H
4
%
b.
M
&
N
6 g., Class C.....................1906
87*2 Jan. • 92*3 Feb.
Col. H. Val. &Tol.—Con., 5 g . 1931 M & S 90
• General m ort., 6 g ...........1931 J & J 109 b. 106% Jan. 110 Jan.
98 Apr.
93 Jan.
General, 6 g ...................... 1904 J & D 98
72*3
Jan.
M
&
N
70*4
Feb.
71%
St. L. So. West.—1st, 4s, g . . 1989
116% Jan. 118% Apr.
D enver & R io G.—1st, 7 g.1900 M & N 118%
37*4 Jan.
2d, 4s, g., in c o m e ............ 1989 J & J 32%b. 32*4 Apr.
83 A pr.
77% Jan.
1st consol., 4 g ................. 1936 J & J 82*4
119
Mar.
116*3
Jan.
M
&
N
119
b.
S. P.M.&M.—Dak. E x., 6 g.1910
80 Feb.
Det. B. City & Alpena—6 g.1913 J & J *75 b. 70 Jan.
1st consol., 6 g .................1933 J & J 121*3 118*3 Jan. 121*3 Apr.
42*3 Jan.
Det. Mac. & M.—L ’d grants .1911 A & 0 36 b. 36 Apr.
103
A
pr.
97
Jan.
J
&
J
101*3
do
reduced to 4*3 g - - Dul. & Iron Range—5s___ 1937 A & O 96*aa. 95 Jan. 100*4 Mar.
89*4 Mar.
87*4 Jan.
Montana E xtension, 4 g.1937 J & D
95 Mar. 98*3 A pr.
Dul. So. Sh. & A tl.—5 g . . . . 1937 J & J 97*3
66*3
Mar.
65
Apr
San A. &Aran. P.—1st, 6 g . 1916 J & J 64*3b.
90 Mar. 100 Feb.
E . Tenn.V & G .—Con., 5 g . 1956 M & N 92*4
66 Mar.
1st, 6 g ...............................1926 J & J 64*3b. 61 Jan.
K n oxville & Ohio, 6 g ..,1 9 2 5 J A J 100 b. 100 Mar. 108 Jan.
90 Apr. 95*3 Feb.
Seattle L.S.&E.—lst,gu . 6.1931 F & A 93*4
81 Mar. 92 Jan.
Eliz. L ex. & B ig San.—6 g.1902 M & S 87*3
108*3 Mar.
106
Apr.
106
b.
So.
Car.—1st,
6
g
.,e
x
eoup,192(
98*3 Jan. 102 Jan.
F t. W. & D env. City—6 g ..l9 2 1 J & D 101*4
22 Jan.
*12*sb. 14 Apr.
Incom e, 6 s............ ............ 1931
98 % Apr.
Gal.H.&San A n .-W .D iv.lst,5 g M & N 9713b 9638 Jan.
So. Pac., Ariz.—6 g ....... 1909-H J & J 104 b. 101 Feb. 106 Apr.
Han. & St. Jos.—Cons., 6 s .1911 M & S 116*sb 115 Apr. 1185s Feb.
116
Mar.
112*4 Jan.
So. Pacific, Cal.—6 g -----1905-12 A & 0
Illinois Central—4 g ...........1952 A & O '1 0 0 a 96*3 Jan. 102*3 Feb.
1st, consol., gold, 5 g ___ 1938 A & 0 100 b 99*4 Mar. 102 Mar.
Int. & Gt. No.—1st, 6 g ___ 1919 M & N 127*sb L18 Jan. 129 Mar.
So. Pacific, N. M.—6 g ......... 1913 J & J 104*4b 101*s Jan. 106*4 A pr
82 Jan.
Coupon, 6 g., trust r e c ..l9 0 9 M & S 75 b 76 Jan.
96 Mar.
Tenn.C. I. & R y.—T e n .D .,lst, 6ja A & 0 92 b 89 Feb.
96 Feb.
Io w a Central—1st, 5 g ....... 1938 J & D 92 b 89*2 Jan.
95*2 Man
91 Jan.
Birm. D iv.. 6 g ......„ ..........191*3IJ & J 95
845s
A
pr,
84
b
81 Jan.
K entucky Central—4 g ....l 9 8 7 J & J
84 Jan.
J
&
E
77*4
Feb.
83*2b
Tex. & Pac.—1st, 5 g ..J ___ 200(
K ings Co. E l.—1st, 5 g ___ 192S J & J *98*4b 97*3 Feb. 100 Jan.
34*3 Mar.
27
Feb.
March
31
.................
200(
2d,
incom
e,
5
g
80 Mar. 84*4 Jan.
L aclede Gas—1st, 5 g .........1916 Q - F
81*2
104
Feb
M
&
J
S
99*3
Mar.
100*3
Tol. A. A. & N. M.—6 g ....... 1924
Lake Erie & West.—5 g ___ 1937 J & J 111 b 107*4 Jan. 111 Feb.
110*2 Apr.
110
Mar.
J
&
J
110*sb
Tol.A.
A.
&
G
r.T
r.—6
g
.„
.1
9
2
1
L . Shore—Con. cp., 1st, 7S.190C J & J 121*3 120 Jan. 122 Mar.
106
Feb.
>J
&
J
102*3
Jan.
105 *8b
Tol. & Ohio Cent.—5 g ....... 193E
Consol, coup., 2d, 7 s ....... 1903 J & D 124 b 121% Feb. 124*3 A pr.
79% Mar.
77 Jan.
Tol. Peo. & W est.—4 g ....... 191r J & J 793s
L ong Isl’ d—1 st, con., 5 g ..l 9 3 : Q - J *113 b 113*4 Apr. 115 Feb.
97%
Feb.
91
Jan.
Tol. St.L. & Kan. C.—6 g . . l 9 1 j J & I 97*3
96 Apr.
General m ortgage, 4 g,.193S J & D *94*2b 91 Jan.
11038 Jan. 112% Feb.
Union Pacific—6 g . ............. 189' î J & J 112
Louis. & Nash.—Cons., 7s. 1898 A & 0 112*3b 111*4 Apr. 115 Feb.
110*3
Feb.
106
Mar.
106*4b
Sinking fund. 8s................189 1 M &
N.O. & Mob. 1st, 6 g ....... 1931 ) J & J '1 2 0 b 117*2 Jan. 120 A pr.
74*3 Jan.
725sb 70*3 Jan.
Collat. trust 4*3...............191 j M
do.
2d, 6 g .........193C ) J & J 110*sb 108 Jan. 110 Jan.
100
Jan.
95*2 Jan.
Gold 6s, col. tru st notes. 189 I F & i 9658
General, 6 g ...................... 193C J & L 115 b 115*4 Jan. 116*2 Apr.
Kan. P ac.-D en. D iv.-6 g .1 8 9 ) M & I i 111 b 109 Feb. 111*3 Apr.
78 s4 Jan.
81% Apr.
Unified, 4 g .......................194( ) J & J 81
113
Apr.
1st consol., 6 g ............... 191 J M & Î i 112*4b . 108*3 Jan.
Nash.Fl.& Sh.—1 st gtd.5 g .’ 3 ‘ F & A 99 b 98 Feb. 101 Jan.
Oregon Short Line—6 g ..l 9 2 2 F & 21 104*3b . 105 Feb. 108 Jan.
Louis. N.A. & Ch.—1st, 6 s .l9 1 ( ) J & J *110 b 10878 Jan. 112 A pr.
83*3
Feb.
75 Apr.
Or.S^L.&Ut’hN.—Con.5 g.191 9 A & () 79
99 Apr. 103 Feb.
Consol., 6 g ...................... 191( A & C 100*4
77*3 Jan.
74*3 Apr.
U.P.Den.& G ulf con. 5 g.193 9 J & X> 7 5 7s
963s Jan.
87*3 Jan.
Louis. St. L. & Texas—6 g .l 9 1 '1 F & A 91%
110 Jan. 115*4 A pr
7
M
&
1
4
115*4
Union
Elevated—6
g
.........
193
M etro. E levated—1st, 6 g.1900 J & J 117*sb 113*3 Jan. 1185s Feb.
85 Feb
.
78
Jan.
ï
78*ab
6
M
&
I
Virginia Mid.—Gen. m .,5s, 193
2 d ,6 s . . ........................... ..1891 J M & h 108*3 105*4 Jan. 109*3 Mar.
do
stam ped guar . M & 14 78*ab 80 Mar. 87 Feb
Mich. Cent.—1 st,c o n .,7 s ..19012 M & h 124 b . 121*3 Jan. 124*3 Apr.
106*3
Apr.
103*8
Jan.
9
M
&
I
f
106*4
Wabash—1st, 5 g ................. 193
Consol., 5s ...................... 1901 2 M & i 108*3 106% Feb. 108*2 Apr.
79*3 Mar. 85 Jan.
2d m ortgage, 5 g ............ 1939 . F & 14 81*a
M il.Lake Sh. &W.—1st,6 g . 192]1 M & 1 125*sb .1 2 3 Jan. 127 Apr.
50
Jan.
.
42
Feb.
J
41
t
Debent. M., series B ....... 193 9 J &
E xten. & Im p., 5 g .........1921 ) F & AL 107
104*2 Mar. 108% Jan,
101% Jan. 104 Feb.
West Shore—Guar., 4 s ....... 236 1 J & J 104
M. K. & T.—1st 4s, g .........199< ) J & I ) 81*3
81% Apr.
79*3 Jan.
102%
Apr.
.
99
Jan.
J
102
t
West. N. Y. & Pa.—1st, 5 g .19 3 7 J- &
54% Jan.
2d 4s, g ............................. 1991 3 F & 1L 5038b . 46% Jan.
35% Feb
32 t . 31*3 Apr.
2d m ort., 3 g .,5 s c .............. 192 7 A &
M o. Pacific—1st, con., 6 g,192<) M & 1J 109*3b .1 0 7 Jan. 109*2 Apr.
104
F eb
100*8
Jan.
West. Un. Tel.—Col. tr., 5s. 193 8 J & J 103*4
3d, 7 s.................................. 190 3 M & 1! *115 b . 112*3 Jan. 116 Jan.
93*2 Jan.
90 Mar
Wis. Cent. Co.—1st, 5 g ...... 192 7 J & J 92
97 Mar. 100 Jan.
Pao. o f M o.—1st, ex., 4 g . 19313 F & 2l 98
42*s
Jan.
).
36
Mar
Incom e, 5 g ........................193 7 !......... . 30 1
«2d
U O
A t C U Uded
O U O
D
7U O UJ W& Urll05
U W
U .'10238
X V
iJan.
iO U
X107*3
V i T J Apr.
exten
5s
. ....1X931
b
N ote —“ b ” indicates price bid ; “ a ” price ashed; tbe R ange is m a le up from actual sales only.
* Latest price this week.
- .... «
. ^^ .
-- *’----------------------- - ---------
N E W YO R K STOCK E X C H A N G E PR IC E S—jC on tin n eá )— IN A C T IV E BO ND S—A P R IL 2 2 .
SECURITIES.
Bid.
Ask.
SECURITIES.
B.&O.—Mon. Riv., ls t g .,g . 5S.1919
Oent’lO hio R eor.—is t , 4*38.1930
Ak.& Ch.Junc.—Ist,g,5s,gu .l930
Bost. H. Tun. & W .—Deb. 5S.1913
90
Brooklyn Elevated—2d, 3-58.1915
Brunswick & W’n—1st, g. 4s, 1938
Bufl. R och. & Pitts.—Gen., 5S.1937
R och. & Pitts.—1st, 6 s .........1921
do
Consolidat’ d 1st, 6s. 1922
Cons, m ort., g o li, 5s............ 1988
B . & O. S. W., 1st, g., 4%iS...1990
lib’s % Burl Ced. Rap. & No.—1st, 5S.1906
* a o price Friday; these are the latest quota tions.m ade this week
Railroad Bonds.
(Stock Exchange P rices.)
Alabam a M id.—1st, g., 6s ....1 9 2 8
Atlantic & D am .—1st g., 6 s .. 1917
AtL & Pac.—2d W. D., gu. 6 s,.1907
Balt. & Ohio—1st, 6s, Park B .1919 114
Bid. Ask.
ib i"
107
105
100
91*3 95
SECURITIES.
Burl. Ced. Rap.& No.—(Contin’ d)—
Consol. & collat. trust, 5 s ... 1934
Minn. & St. L.—1st, 7s, g u ..l9 2 7
Iowa C. & West.—1 s t,7 s . ... 1909
Ced. Ra,p. I. F. & N., 1st, 6S.1920
Bid.
Ask.
93*3
98
98
85
C.Ohio—Ool. & C in.M .lst,4*23.1939 *
100*3 101
lent. R R . & Bank.—Col. g .5s. 1937 *
120
Chat. Rome& Col.—Gtd g .5 s .l9 3 7
117% 119
.....
103% 104*3 Uent. o f N. J.—Conv. deb., 6s. 1908
1*
i>
) )
»)
......
TH E
A pr il SB, 1893.]
; A M
« t o o k EXCHANGE
677
CHRONICLE.
22.
INACTIVEBONDS-rCknMmedJ-APBIL
P R IC E S.—
NEW
SECURITIES.
Bid.
Ask.
SECURITIES.
Bid.
Ask. .
SECURITIES.
Bid.
Ask.
L22
N
Flint & P . Marq.—M ort., 6 s .. . 1920 119% .0 2 %
97
Spokane & Pal.—1st, 6s...... 1936
Central Pacific—Gold fids, 6s, 1895 106%
1st con. gold, 5 s.....................
St.Paul & N. P.—Gen., 6 s ..1923 119 123
108
L
02
*100%
Gold bonds, 6 s .......................
.......
}9
d
»
Port
H
uron—1st,
5s
Helena&RedM
’n—lst.g
.,
68.1937
G old bonds, 6 s ...................... 1°9 7 109
Fla. CeD & P e n —1st g. 5s ... . 191« . . . . . . 70
Duluth&Manitoba—lst,g .6 sl9 3 6 101 103
Ban Joaquin B r., 6 s .............. 1990 109
101%
Ft Worth & R. G.—1st g., 5S..1928 *
Dul.&Man D ak.Div.—Ist6 s.l9 3 7
L03
M ort. gold 5 s . . . . . . ................1939 *96
Gal. Har. & San A n t
1st, 6s. 1910
Cœur d’A lene—1st, 6s, g o ld .1916
*102 . . . . . .
Land grant, 5s, g . - . . . - - ....... 1909 '100
100
Gal.
H.
&
8.
A
—2d
m
ort.,
7
s
..
1905
Gen.
1st,
g.,
6
s.....................1938
W est. Pacific—Bonds, 6 s .. - -1899 110
West. Div., 2d 6 s .................. 1931
Cent. W ashington—1st,g.,6s.l938 100
77
75
No. R ailw ay (Cal.)—1st, 6s. 1907
100
97%
Ga. So. & F l a —1st, g. 6 s ...-.lorf.
&
Southern—1st,
g.,
5s.
1941
82
h
50.year 5 s ........................... l “ 3S
120
Grand Rap. & Ind.—Gen. 5s. *90 ....... . I<iorfolb & West.—General, 6 s.1931 116% 130
Ches. & O.—Pur. M. fu nd, 6 s .1898 112 113
reen
B.
W.
&
St.
P.—1
st
6
s..
New R iver, 1st, 6 s ................1932
30
6s, gold, series A ................... 1908 115 117
2d incom e, all subs, paid ..
Im p. & E x t., 6s...................... 1934 ‘111
81% 81%
104 —
G eneral, 4%s, g o l d ..............1992
A djustm ent M., 7 s ............... 1924
Craig Valley—1st, g., 5 s— 1940
Equipm ent, 5s........................190«
*124
Ches. G .& S o .W e st—1st 6s, g-1911 104 106
95
Clinch Val. 1st 5 s ....... .- - - 1 9 5 7
LU L L S 06 1 V
1Q Q
75
71
107%
106%
2d, 6 s........................................ 1911
1st g., 5s (int. gtd)............. 196
Scioto Val. & N. E .—1st, 4s,.1990 *81
Oil. V .-G e n .c o n .ls t,g u .g ,58.1938
ïié*
Cons. g. 6s (int. gtd)............i» i .
l>hio & Miss—2d consol. 7 s . . . 1911 ÏÏ2*
61% 62
Chicago & A lton—1st, 7 s ....... 1893 103%
Gen. g. 4s.(int. gtd)......---1 9 ^ ;
Spring.Div.—1st 7s...............1905
120
87%
Sinking fund, 6 s ..............- —1903 116%
98
General 5s..............................*932
*6
8
%
Louis. & Mo. R iver—1st, 7S.1900
Dhio
R iver R R .—1st, 5s.......... 1936 ‘ 97%
107
*106
2d, 7 s .................................... 1900
Illinois Central—Ist, g., 4s ..
iil-fvn
........................ . l y o /
109
*94
St. L. Jacks. & Chic.—1st,7S.1894
95
Ist, gold, 3 % s .....................
’ & Califor.—1st, 5s, g.19 27
3 *108 ......... I
1st, guar. (564), 7 S .....---1 8 9 4
85
80
Springf. D iv.—C o u p .,6 s ...
7&Nav.—Col.tr.
g..5s.l919
106
.........
'
*111
M iss.R. B ridge—1st, s. f., 6s.1912
105
*98
M
iddle
D
iv.—Reg.
,
5
s
.
.
.
.
.
.
Lk.F’ d Subsidy—6s, g. 1910
7 *112% .........
Chic. Burl. & Nor.—1st, 5 s .. . .1926 103
7 *113 ......... : oiiü.a-oR.-P.C.&S.L.-1st,c.,78.1900' ÏS 8%
Debenture 6 s..................... ---1 8 9 o iÖ258
Pitts. Ft. W. & C.—1st, 7 s ... 1912
Chic. Burling. & Q.—5s, s. f .. l 9 0 1
106
105%
1 115 Ï1 6 j] Pitts. Ft. W. & C.—2d, 7S ...1912 ‘ Ì*3*Ó 134
Iow a D iv.—Sink, fund, 5 s ..1919
3^ 7 S...................... . . .......... 1912
Gold, 5s, c o u p o n .
93%
92%
........
i
94%
Sinking fund, 4 s ................. 1919
Clev. & P .—Cons., s. fd ., 7 s .1900 ‘ 1 2 2 %
86 %
4 *102% .........
iPldiin 4-g
Gen. 4^ 9, g., “ A.” .............1942 *109%
7 88% 90
G h io & Indiana Coal—1st 5s -1936 102 102 %
St. L .V.
H.—1st, 6s., 7 s .1897 * 111%
6 1203* .........
•Ghi. Mil. & S t.P .—lst,8s,P .D .1 898 119 120
2d, 7 s .............
1898;
2d, 7 3-10s, P. D ...................1898 123
Ind.D. &W.— 1st 5s, g. ,tr.reo.. 1
130
127
2d, guar., 7 s ................-a - * 4 8 ? ? 100 103%
l s i , 7s, $ g., R .D . . . . . . . . . . . 1 9 0 2
2d, 5s, gold, trust r e ceip ts.. 1! 8 . . . . . . .........
G
d.R
.&
I.E
xt.—1
st,4%s,G.g.
1941
123%
123
1st, La Crosse Division, 7 s .1893
Inc. M. bonds, trust receipts
124
112 |]Peo.& E.-Ind.B. & W .-lst,p f .78.1900 113
1st, L & M., 7 s .......................1897 123 126
Int. &G. N’ n—1 st,6s,g., cou.off.l! 9 H I
Ohio
Ind.&W.—ls
t
p
r
e
f.
5s.
.1938
124%
78%||
1st, L & D ., 7 s .......................1899 127 128% Kanawha & Mich.—Mort. 4s. 1! 0 75
110
8 98% 100 1 Peoria & Pek. Union—1st, 6s .1921
ls t ,C . & M .,7 s .......................1903
70
2d m ortg., 4% s............. ......1 9 4 1
9 * ........ 86%
1st, I. & D. E xtension, 7s. - .1908 128 131
iPitts.C.C&St.L.—C
on.g.4%
sA1940
100
1
9
9
%
1st, La C. & D av., 5 s............ 1919 ‘104%
115
112
Lake Erie & W est.—2d g.,
Pitts. Cleve. & T °L —1st. 6s. . .1922
1st, H. & D ., 7 s .....................1910 ‘ 125% 104%
. Sh. & M. S o —C. P.&A.—7 s. 18922 .......
¡Pitts. & L. Er.—2d g. 5s, “ A .1928 *107% 109
‘ 103%
1st, H. & D .,5 s ............
Buff. & E r.—New bonds, 7 s .18988 ‘ 113 . . . . . . Pitts. Mc. K. & Y .—1st 6 s ..... 1932
121
118
Chicago & P acific D iv., 6 s ..1910
Det. M. & T.—1st, 7 s............1906 125 117
Pitts. Painsv. & F .—1st, 5 s ... 1916 ......... 97
M ineral Point D iv. 5 s......... .1910 103%
Lake Shore—Div. bonds, 7s. 1899 115 112
Pitts. Shen. & L. E .- l s t ,g .,58.1940
109
C. & L. Sup. D iv., 5s............ 1921 '103%
M
ahon’
g
Coal
R
R
.l
s
t
,
5s
.
1934
P itts.Y ’gst’n&A.—1st, 5s,con .l927 106
Fargo & South., 6s, A s s u ...l9 2 4 115 117
..■a«
Kal. A ll. & G. R —1st gu. 5s.l938 109
102 % 103%| Pres. & Ariz. Cent.—1st, 6s, g .l9 1 o
Inc. conv. sink, fund, 5 s-----1916
Lehigh
V.,N
.Y.—1st
gu.g.4%
s.l940
105
2d incom e 6 s ................. - - •1 9 lb
Dakota & Gt. South., 5 s . . . . 1916
91
Lehigh V .T e r m .-ls t gu 5s,g. 1941 108% 109
114%
Rich.
&
Danv.—Debenture
63.1927
114
96
(Mil. & Nor. m ain line—6s. ..1 910
fitchf. Car.& W e st—1st 6s. g-1916
Equip. M. s. f.,g ., 58-r --g --4 § 2 2 ÎÔÔ
CMc.&N.W .—30 year defi. 5s, 1921
L ong Island—1st, 7 s .......... - --1898
Au.. & Char.—1st, pref., 7 s .. 1897
Escanafia & L. S. 1st, 6 s . . . . 1901 107
102
N
.Y
.
&
R
’
way
B.—1
st,g.
5s.
192/
do.
Incom e, 6 s . . . . 1900
125
30%
*20
Des M. & Minn.—1st, 7 s
1997
2d m ortg., in c ..................... 1927
Wash.O.&W.—lst,4s,g u .cy .,1924
100
Iow a Midland—1st, 8 s.........1900
90
N.Y.&Man.Beach.—1st,
7s,
1897
87%
Rich.&W .Pt.Term.—6s, ’ 97, tr. rec.
Peninsula—1st, conv., 7 s . . . 1898 125
58% 58%
N .Y. B.&M. B.—1st con. 5 s,g.l9 35 100
Col. tru st5 s, 1914, tr. r e c .. . . . . . .
119
Chic. & Milwaukee—1st, 7s. 1898 115%
B
rookl’n&Montauk—lst,6
s.l9
1
1
Rio Gr. Junct.,1st,guar.,g.,5s.l938
Win. & St. P.—2d, 7 s............1907 125
865s
1st, 5 s ..............................-- 1 9 1 1
R io Grande So.—1st, g., 5 s ... 1940
MU. & M ad.—1st, 6 s............1905 112
39%
39
Smithtown&Pt.Jeff.—1st,7s 1901 105
St. Jos. & G r . l s . - 2d m e . . . . . .1925
106%
84
Ott. C. F. & St. P .—1st, 5 s .. 1909
80%
Louis.Evans.&
St.
L.—Con.5s
.1939
Kan. C. & Omaha—1st, £8.-1927
Northern 111.—1st, 5 s ...........1910 106
105
Louis. & Nash.—Cecil. Br, 7 s .1907
97% 100
St. L. A . & T .H —2d pref. 7 s .. 1894 104% 107%
-Ch.Peo. &St.L.—C o n .lst,g .5 s.l9 3 9
105
E. H. & Nash.—1st 6s, g . . . . l 9 l 9 114 110
2d m .in c. 7s............................ 109’
C .R .I.& P .-D .M .& F . D. Is t 4 s .l9 0 5
70
65
Pensacola Division, 6 s.........1920 107
D ividend b o n d s ... . . . . . . . - - 1 8 9 4
102 %
1st, 2% s................................1905
St. Louis Division, 1st, 6 s ...1921 116
Bellev. & So. 111.—1st, 8s. ..i8 9 6 110% 110
E xtension, 4 s .....................1905
60%
*108
2d, ....................................... 1980
Bellev.
&
Car.—1st,
6s.
-----1
9
2
3
98
K eokuk & D es M.—1st, 5 s.. 1923
L eb.B ran ch E xtension .. -1893
Chi. St.L. &Pad.—lst,gd.g. 5 s 1917
•Ch.St.P & K .C —5s,g., 1936, st’mpd
Nashv. & Decatur—1 st,7 s ..1900 114 115
St. Louis So.—1st, gd. g. 48.1931
Chic. St. P. & Minn.—1 st,6 s ...1918 124%
S. f.,6s.—S. & N. A la........---191 0 100
do
2d in co m e , 5s. 1931
123%
102%
St. P aul & S. C —1st, 6 s....... 1919 122
10
4
0
,
gold,
6s.....................1924
Car. & Shawt.—1st g. 4 s .. . .1932
Chic. & W. Ind.—1st, s. f., 6s. 1919
50 year 5s, g .,-. ........... •-••■1967 103 105
St.
Louis
&
San
F ran.cisco—
General m ortgage, 6 s.......... 1932
Pens. & At.—1st, 6s, g o ld ... 19^1 103%
2d 6s,g., cl. A ................
1906 114%
Oin Ham. & D.—Con. s. f., s.1905 121
Collat. trust, 5s, g ..............1 9 3 1 102 % 105
E
q
u
ip
.,..
..................................
1090 100
2d, gold, 4 % s..........................1937
95% ......
Lou.N. Alb. &Ch.—Gen.m. g. 5 s. 1940
General
5
s
.
.
.
.
.
.
.
....................193*
Ctn. Jack. <fc M ac.—1st, g., 5 s .1936
*85*
Lou. N. O. & Tex.—1st, 4 s . . . . 1934
1st, trust, gold, 5s..................1987 *80
Olev. Ak. & Col.—Eq. & 2d 6s. 1930
71
2d
m
ort.,
5
s
..........
.....1
9
3
4
Consol, guar., 4 s . . . . . . ......... 1990
G.C.C. & St. L., Cairo div.—4s, 1939 * 9 0 "
Louis. St. L. & Tex.—2d g, 6 s.. 1917
92
Kan. City & S . - l s t , 6s, g- -1 9 1 6
90
St.Lou.D iv.—lstco l.ts’ t4s,g .l99 0
92
Manhattan R y.—Cons. 4s....... 1990
Ft. S. & V .B .B g ^ —ls t , 6 s . .-1910
Spring. &Col.Div.—1st,g. 4s. 1940
ib*r
Manito.S. W.Coloniza’n—5s ,g. 1934
St. Louis K. & S.W.—1st, 68.1916
W hiteW .Val.Div.—1st,g. 4s. 1940
99 100 %
Kansas Midland—1st, 4s, g-1937
90% 91% Memphis & Chari.—6s, g o ld .. 1924 115
Cin.Wafi.&M.Div.—Ist,g.4s.l9 91
109 n o
1st
con.
Tenn
lien,
7
s
.-------1915
St.
Paul
&
Duluth—1
st,5
s
.
.
1931
'9
6
Cin. I. St. L. & C.—lst,g .,4 s.l9 3 6
M exican Cent. Consol.—4s, g.1911
2d m ortgage 5s .. . . . . . . . - - - - - 1 9 ^ / 102% 104%
C o n s o l, 6 s...............................1920
1st, eons, incom e 3s, g.........1939
St. Paul Minn & M.—1st, 7 s .. 190. 110% .........
Cin.San.&Cl —C on.lst,g.5s, 1928 107%
116%
2d,
cons,
incom
e
3s
.
.
.
.
.
.
.
.
1939
2d m ort., 6 s.......... - ••• ........
-OLCol. Cin. & Ind.—1st, 7s,s.f.l8 99 117
M exican National:—1st, g., 6s .1927
Minneap. Union—1st, 6 s . ... 192^
Consol, sink, fund, 7 s ..........1914
40
38
2d, incom e, 6s, “ A ” ..............1917
Mont. Cen.—1st, guar., 6 s .. 1937 il*6% 0 ? “
Oleve. & Mali. V .—Gold, 5 s ... 1938 *105
1041/ 105
M ichigan Central—6s.............. 1909
111
•Colorado Midland—1st, g., 6s.1936
112
111
%
Coupon, 5s.............................. 1961
Columbia & Green.—1st, 6 s. . . 1916
*98
97%
M
ortgage
4
s
..........
San Fran. & N. P.—1st, g., 5S.1919
2d, 6 s...................................... 1926
Mil. L. S.&W.—Conv. deb., 5s. 190/ 102
Sav. Amer. & M ontg.—1st 6 s .1919
Del. Lack. & W.—Convert. 7s,1892 .......
121% 124
Mich.
D
iv.,
1st,
6
8
........
...1
9
2
4
South Carolina—2d, 6 s . . . . . . -1931
Ï3*i%
M ortgage 7 s............................1907
Ashland Division—1st, 6s ..1 925 .120 %
So. Pac. Coast—1st, g ^ r .- 4 s .l9 3 7
Syra. Bing. & N. Y .—1st, 7s. 1906
108
Ter.RR. As’n o f St.L.- Ist,4% s.l939 *94
M orris & E ssex—1st, 7s___ 1914 142 i '43
125
118
Minn.&
St.
L.—1st,
g.
7
s
.........1927
......
Texas Central—1st, s. f., 7S---1909
Bonds, 7 s ..............................1900
115
Iow
a
Extension,
1st,
7s.......
1909
1st m ortgage, 7 s . . . . . . . . . . . . 1 9
7s o f 1871............................ 1901 120
71
-.«■■a
.......
1891i
2d
m
ortg.,
7
s
.
Texas
&
N
ew
Orleans—1st,7
s.
1905
140%
139%
1st, con., guar., 7s............. 1915
Southwest E xt.—1st, 7s....... 1910 107
Sabine Division,. 1st, 6 s . . . . 1912 103 __
D eL & Hud. Can.— Coupon 7s,1894 107% 108
100
*100
P
acific
E
x
t.—1st,
6
s
............1921
Tex.
&
P
ac.,
E.
D
iv.—1st,
63.1905
141%
140%
Pa. D iv., coup., 7 s................ 1917
71%
Im nr. & ecjuipment, o s .. . . . . l y ^
Third Avenue (N.Y).—1st 5s, 1937 110% 115
A lbany & Susq.—1st, gu.,7s.1906 128 130
90
93
92
Minm & P ac.—1st m ortg., Ss.1936
Tol. A. A. & Cad.—6 s .............. 1917
1st, cons., guar., 6 s...........1906 *117% 118
88
M innis. Ste. M. & A tl.—1st, 5s. 1926
Toi. A. A. & Mt. PL—6 s...........1919
Rens. & Sar.—1st, coup., 7S.1921 145
‘ 84
*<
.....
87%
M
inn
St.P.&S.S.M—1
stc.g.4s.
1938
Toi A. A. & N. M.—5s, g .........1940
98% 99% M o K .& T .-K .C .& P .,l8 t,4 s ,g .l9 9 0
D en ver City Cable—1st, 6 s ... 1908
76
102
Ulster & D el.—1st, con .,6.,5 s .1928 101
80%
D en v. & R. G.—Im p .,g ., 5 s . ..1928
108
107%
Dal.
&
W
aco—1st,
5s,
g
u
..,.
1940
Union Pacific—1st, 6s..............1896
E . Tenn. Va. & G a —1 s t ,7 s ... 1900 110%
90
M issouri P a c ific -T ru s t 5 s . ..1917
1st, 6 s ............................ - ........ i» 9 7 108% 109%
Divisional 5s.......................... 1930 100%
82
111 %
i at. n o il. 5s. £ ..............-........ 1920
1 q f fia
................................... l O o u
1st ext., gold, 5 s ...................1937
107%
106
SLU & I. M .-lr k .B r .,ls t,7 s .l8 9 5
Collateral Trust, 6 s..............1908 101 101%
E q. & Im p., g., 5s....................1938
111 112 %
M
obile
&
Ohio—1st
ext.,
6
s...
1927
CoHateral Trust, 5 s . ............1907
M obile & Birm.—1st, g .,5 s .. 1937
St. L. & Cairo—4s, guar....... 1931
Kansas P acific—1st 6s, g- - ] 8 9 o 106
99
A labam a Central—1 s t 6 s . . . 1918
M organ’ s La. & T.—1st, 6s— 1920 110%
1st, 6s, g . . . ......... ................ 1896 108%
Erie—1st, extended, 7 s...........1897 113%
123%
1st
7a
.
.............................
ly
^
o
C. Br. U. P.—F. 0., 7 s ...........1895 103
116
2d, extended, 5s.....................1919
112
Nash.
Chat.
&
St.
L
.2
d
,
6
s
..
1901
A tch. Col. & Pac.—1st, 6 s... 1905 *83
3d, extended, 4% s..................1923 107%
New Orleans & G u lf - l s t , 6s .1926
A tch. J. Co. & W .—1st, 6 s... 1905
4th, extended, 5s................... 1920 111 115
101
U. P. Lin. & Col.—ls t ,g ., 5s. 1918 *77*’ 75%
5th, extended, 4s................... 1928 102 103% N. O. &. No. E .- P r . L, g., 63.-1915 102
N.
Y
.
Cent.—Deb.
g.
4
s
.
.
.
----1905
O reg.8.L .& U .N .,col.trst.,os.l919
1st, con., g., f ’ d, 7 s ...............1920 ‘131%
102
N.
J.
June—Guar.
1st,
4
s
...1
9
8
6
R eorg., 1st lien, 6s................ 1908 112
101% Utah & North.—1st, 7s.........1908
Beech
Creek—1st,
gold,
4
s
..1936
B. N. Y. & E.—1st, 7 s . . ........1916 ‘ 135
Gold, 5 s . . . .
Osw, & Rome—2d, 5s, g.,gu l9L5 100
Utah Southern—Gen. , 7 s . . . 1909 105
N .Y . L. E. & W .—C o l.tr.,6S.1922 113 117
U tica & Bl. Riv. -4 s, g., gu.1922 102 102%
Extern, 1 s t ,7 s . . . . . ----- ---1909 104 105%
Funded coup., 5 s....................1969 93% 94%
107%
uuw
& H.—1st, reg. 4S.1903
Valiev R ’y Co. o f O.—Con. 6 s .1921
Buff. & 8. W.—Mortg. 6s___ 1908
105%
N
*.
Y
.
&
Northern—1st,
g.,
5
s
.1927
W abash -N o. M is s o u -ls t ,7 s .l8 9 5 107% 108%
103%
Jefferson—1st, gu. g. 5 s ___ 1909
60% 63
2d. 4s ......................................1927
St L .K .C .& N .-R .E .& R R .7S.1895 105%
Coal & R R .—6s.......................1922
82
N.
Y
.
Susq.
&
West.—2d,
4
%
s.l9
3
7
St.Charles Br’ ge—lst,6 s. - -1908
100
jEureka Springs—1st, g., 6 s ... 1933
87% 88
Gen. m ort., 5s, g . . . . . . . ........1940
West. Va. C. & ^ t s . - i s t , 6s.l911|
jsvans. & T .H .—1st,c o n s.,6 s..1921 123 123%
N Y T ex. & Mex.—1st,4s,gu.1912
Wheel.&L.E.—1st.
5s, g o l d ...1926 ib’ i%
Mt. V ernon—1st 6 s ...............1923 113%
iNorth’n Pacific—D ivid’d scrip e x t. 103
Sul. Co. Branch—1st, g., 5s. 1930 102
E xtension & Im p, g., 5s.......1930 *95
'103
James
R
iver
Val.—1st,
6
s..
.1936
Evans. & Indian.—1st, c o n s.. 1926 112 113%
F o r M is c e lla n e o u s & U n lis t e d B o n d s -S e e 3d page praoeding.
.No price Friday; these are tne latest quotations m ade this w ee*.
.—
. . .-”
---- «
678
THE
CHRONICLE.
R oads .
[VOL. L1V,
Latest E arnings Reported
W eekorM o
1891-2.
1890-1.
Jan. 1 to Latest Date.
1891-2.
189(3-1.
Gr. Tr.—(Con.)—
$
Det.Gr.H A M. Wk Apr. 9
23,351
21,092
v & z n c z .
306,514
Great N orth’n —
288,259
St. P. M. A M. M arch....... 1,285,990
737,429
2,953,544 1,926,627
East, o f M inn. M arch___ _
71,285
52,809
191,273
M ontana Cent. M arch.......
134,065
The I n v e s t o r s ’ S u p p l e m e n t , a pamphlet o f 150 pages,
87,355
92,2941
270.961
Tot. system . M arch....... 1,444,630
271,568
882,531 3,415,778 2,332,261
contains extended tables o f the Stocks and Bonds o f R a il
Gulf A Chicago. M a r c h .....
3,098
3,099
9,098
H ousatonic____ February.. 116,014
9,226
roads, and other Companies, with remarks and statistics con Humest’nAShen
103,674
218,551
209,787
M arch.......
12,500
13,957
40,300
39,936
m n g the mcome, financial status, etc., o f each Company, Hutch. ASouth’n M arch.......
4,523
3,935
11 inoisC entr’I ..
18.002
15,270
505.7741 4,580,769
I t is published on the last Saturday o f every other m o n th - Ind.Dec.AW est. M arch____ I ,
1,425,330!
4,349,822
M arch____
36,923
36,510
118,584
In.
A
Gt.North’n
109,957
ls t w k Apr
viz. January March, M ay, July, September and November,
58,146
57,619
926,447
ilnteroc. (Mex. M arch___
903,758
184,49
and is furnished without extra charge to all regular sub
Iow a C entral... 2d wk A p r
32,686
33.321
531,760
Iron R a ilw a y ... March
489,058
scribers o f the C h r o n i c l e .
2,620
3,803
7,305
J’ k’n v .T .A K .W . March
9,734
111,832 103,067
289,250
273,052
The General Quotations o f Stocks and Bonds, occupying KanawhaAMich 2d w k A p r
7,015
7.832
91,047
Ran. C. Cl. A 8p . 2d w k A p r
83,368
5,845
5,269
six pages of the C h r o n i c l e , are published on the t M r d K.C.F.S. A Mem. 2d wk Apr
87,682
89,323
82,57
86,127 I ,
427,328
K. C.Mem. A B ir. 4th wkMt
1,310,171
S a t u r d a y o f each month.
26,76
28,704
291.673
Kan.C.WyAN.W March.......
303,015
30,984
23,379
86,679
Keokuk A West. 1st wk Apr
68,119
6,256
7,394
110,593
L. Erie All. A 8o March
100,672
7,326
6,360
19.833
R A IL R O A D E AR N IN G S.
L. Erie A West . 2d w k A pr
16,770
57,773
49,432
934,457
Lehigh A H u d .. M arch___ _
830,040
28.548
31,826
87,427
L. Rock A Mem. ls t w k Apr
91,280
Latest E arnings Reported.
11,071
Jan. 1 to Latest Date
11,2x3
180,943
Long I s la n d .... 2d wk Apr ’ 75,848
193,581
R oads.
73,123
8 7 2 ,8 15
840,129
Louis.AM
o.Riv.
W eekorM o 1891-2.
1890-1.
January
33,693
1891-2. I 1890-1.
29,459
33.693
29,459
Louis.Ev.ASt.L. 2d wtc Apr
27,663
26.737
338,545
395,746
Louisv. A N ashv. 2d w k A p r
$
*
it
378.720
A llegheny V a l.. February..
346,110
5,867,205
5,368,510
Louis. N. A A C h. 2d wk A pr
193,008
175.484
61,566
370,566
A tch. T. A S.F e.. 1st w k A p r
373,500
47,146
804,971
681,344
574,334 8,015.648 7,386,470 Louisv.N.O. AT. 2d wk A pr
58,638
H a lf o w n e d ... ls t w k A p r 610,690
55,237 1,107,372 1,080,574
Lou. St.L. A Tex.
31,521
34,662
429,654
12,244
Total system. 1st wk A pr 642,211
412,597 Lynchb.ADur’m 2d wk Apr,
8,808
186,172
126,599
January...
608,996 8,445,302 7,799,067
10.789
St L. & S a n P .. ls t w k A p r
10,591
10,789
10,591
113.484 1,672,026 1,602,763 Memphis A Chas 2d wkApr,
23,021
H a lf ow n ed.. ls t w k A pr 129.701
27,702
431,570
478,546
{M exican Cent...
30,921
34,040
421,394
403,999 {Mex. N ation al. 2d wk Apr. 145,943 128,941 2,131,201 1,922,566
Tot.S.L.AS.F, ls t w k A pr 160,622
147,524
2d
wk
A
pr
2,093,420
75,852
2,006,762
A gg. t o t a l .. ls t w k A pr
78,728 1,132,531 1,189,310
756,520 10,538,722 9,805,829 {M exican R ’ way Wk A pr. £
62,000
A tlanta <fcChar.* F ebruary.. 802,833
84.738
909,314 1,170,176
Mil.L.Sh. A West 4th w k D ec
71,263
73,286
131,822
72,118
153,767
A tlanta & FI or’ a Marc®.......
64,495 3,527,714 3,848,568
Milwaukee
A
No
6,275
8,818
2d w k Apr
32,054
A tla n ta * W .Pt. February..
30,722
440.552
438,874
M
ineralRange..
47,728
40,846
March
8 4 607
12,000
93", 558
B AO.EastLines M arch....... 1,530,041
10,296
32,400
28,428
1,414,928 4,488,842 4,165,933 Minneap. ABt.L. March
163,560 139,137
Western Lines March.......
452,27
361,216
M.
St.P.
A8.8.M
.
497,123
430,253
March
1,507,189 1,291,721
232,051
T o t a l........... M arch....... 2,027,163
169,926
654,000
456,111
1,845,180 5,996,031 5,457,653 Mo. Kan. A Tex. b 2d w k A pr
176,128 159,246 2,217,065 2,291,800
B al.A 0.8outhw . 2d w kA pr.
Mo.Pac. AlronM
43,974
40,784
747,987
420,000 446,000 7,208,127 6,626,044
623.606 Mobile A O h io.. 2d w k A pr
B a th A H a m ’nde January...
1,438
1,634
M arch___
1,438
287,431 294,158
Bir. & A tlantic. M arch.......
1,634
873,835
904,338
MontereyAM.G.
3,244
4,539
9.306
74,527
14,403 Nash.Ch.AStL.e M arch___
Bir.Sh.ATenn.R February..
72,637
239,691
220.740
18,860
13,509
M arch___
37,915
419.495 306,995 1,252,083
29,760 N.
Buff. R o c h .* Pit 2d W kApr.
957,231
Jersey
A
N
.Y.
59,344
57,470
December
804,34%
24,268
705,113
Bar. C.Rap. &N 1st w k A pr
21,345
293,892
265,400
New Orl. A So’n
70,187
61,424 1,103,033
9,952
Camden & A tl. February.
884,580 N. Y. C.A H. R .. M arch___
11,611
34,382
41,887
37,354
36,736
M a r ch ....
71,030
.273,417 ,061,439 9,546,002 8,802,287
CanadianPacifli 2d w k A p r
76.982
RomeW.
A
Og,
394,000
371,000
M
arch___
5,448,471
303,86
Op. F’r A Y ad. Val Decem ber
4,975,754
322.534
858,557
920,908
Tot.
both
rds.
42,590
46,1
583,357
,577,284 3,383,973 10,404,559 9,723,195
Car. Cum. G &Ch. February,
555.209 N. Y. L. E. A W. M arch___
4,013
3,889
6.659
,278,623 2,054,403 4,465,193
Car. M id la n d ... February.
7.507 N. Y. Pa. A Ohio February.
5,433
6,344
February.. 544,157 468.431 1,078,155 4,226,682
9,602
Central o f N. J .. December
13,113
967,869
1,155,408 1,176,896 14,201,767 13,663,726 N. Y. A N .E n g .. February.
451,186 417,781
Central P acific.. February, 1,005,879
885,351
863,821
N. Y. A North’n . M arch.......
1,017,883
35,845
Central o f 8 .C .. February.
35,241
111,589
101,639
N.
Y
.O
nt
A
W
..
10,698
9,966
2
d
w
k
Apr,
19,510
64,539
Ohar.Cin. AChic M arch___
2Ü
2
3Ï
48,298
784,232
739,810
13,000
13,361
39,720
Oharlest’n A Sav February.
40,473 N.Y. Susq. A W.. February.. 113,851 101.535
227,783
216,623
69,427
Norf.
A
South’n.
82,123
January...
132,291
29,896
159,538
Char. Sum. A No. M arch___
29,986
13,535
A W est.. 2d w kA pr, 200,732 184,737
9.225
43,620
Oheraw. A Dari. February.
30,605 Norfolk
2.589.069 2,371,131
N’theast’n (8. C.) F ebruary..
9.558
11,574
16,026
70,597
Cheraw.A Salisb February.
25,038
76,796
133,141
163,607
3,037
North’n Central. F ebruary.. 576.044 473,580
3,465
4,83^
Ches. A O h io.... 2d w kA pr,
6,618 Northern
969,142
157, <36 154,902 2,389,068
Pacific 2d wk Apr. 414,289 441,755 1,125,954
Ohes. O. A 8. W M arch___
2,253,201
5,697,307
5,899,462
182,161 173,344
Wis. Ct. Lines. 2d wk Apr.
88,741
Chic. Bur. A No. February.
93,410
161.496 146,766
N.P.A W.Cent. 2d w kA pr. 503,030 535,165 1,383,875 1,298,495
3Ïi',573
Chic. Burl. A Q. February.
31 L 566
7,081,183 7,197,957
2,237.904 6.077,184 4,567,734 Ohio A Miss____ 2d w k A p r
82.495
Chic.A East. IB. 2d wk Apr, 3,068,385
83,016 1,211,778 1,145,731
69,160
Ohio
R
iver.........
68,592
2d w k Apr.
1,077,734 1,047,420
13,725
Chicago A E rie. February.
12,133
166,523
158,823
235,448 189,363
473,504
56,748
Ohic.Mil. A St.P. 2d w k Apr
378,239 Ohio Southern.. Mareh.......
52,677
174,145
148,760
560,949 481,865 8,620,888
48,247
Chic. A N ’thw’n. M a r ch .... 2,498,069
27,252
6,935,968 Omaha A St. L .. F ebruary..
100,295
60,878
2,029,078 7,000.954 5,630,325 Oregon Imp. Co. February.. 256,107 299,281
Chio.Peo.A 8.L.i 2d wk A pr
551,885
607,642
20.953
17,613
354,416
Chic. R ’k I.A P ... M arch___ .,403,388
275,532 Pennsylvania .. February.. 207,097 4,739,320 10,226,83s 10,051,795
PeonaD
ec.A
E
v.
1,219,864
2d
wk
A
pr.
4,017,371
15,228
Ohio.8t.P.AK.<j. 2d wk Apr,
3,340,223
16,130
243,314
238,273
77,342
Petersburg........ February..
82,531 1,288,250
49,619
Ohic.St.P.M.AO. February.
45,842
87,178
88,989
637,598 457,246 1,267,627 1,082,986 Phila. A E rie ... February.. 354,286
Chic. A W . Mien. 2d wk Apr,
942,982
304,988
713,961
657,590
38,387
31,428
502,946
Oin.Ga. A Ports. M arch___
429,291 Phila. A R ead ’ g. F ebruary.. 1,788,774 1,470,917 3.515,988 3,183,007
5,007
Coal
A
lronC
o.
4,867
F
ebruary..
14,161
Cin. Jack A Mac. 2d wk Apr.
1,778,028 1,145,647
13,070
2,589,408
11,345
TotalbothCos. F ebruary.. 3,566,802 2,616,564 3.310.069
12,346
182,945
Cin.N. O. A T .P . 1st w k A pr
213,500
6,826,057 5,772,415
69,010
72,001 1,099,512 1,104,554 Pitts. Mar. A Ch. M arch.......
Ala. Gt. South. ls t w k A pr
3,944
3,808
10,352
10,613
29,863
32,957
486,099
N .O rl. A N . E. ls t w k A pr
33.257
495,658 Pitt.Shen. A L.E. M arch.......
21,688
85,397
61,508
19.496
17,184
Pittsb. A West’n January...
327,999
Ala A Vicksb. 1st wk A pr
91,819
302,865
107,049
94,919
107,049
8,714
10,482
Pitts. Clev. AT. January...
172,449
38,047
Vices. Sh. A P . ls t w k A pr
173,061
29,371
38,047
29,371
6,492
Pitts.Pain.AF. January...
8,005
160,321
15,116
Erlanger 8yst. 1st w k Apr 133,575
170,106
15,589
15,116
15,589
140,629 2 ,246,38t 2,246,244
Total system 2d wk Apr,
49,056
Oinn. N orthw ’n . M arch.......
33,827
615,903
535,675
1,357
1,218
P itt.Y oung.A A . M arch.......
4,426
Cin. Ports. A V. M arch.......
98,284
4.905
59,332
266,835
168,714
18.701
15,96
49,766
Col. A M aysv M arch.......
33,471
46,114 Pt. Royal A Aug. February..
49,437
54,677
93,312
1,255
1,122
3,042
34,783
Oin.Wab.AMich M arch.......
2,653 Pt.Roy. A W.Car. February..
47,558
54,089
94,461
66,295
47,228
Pres.AAriz.Cen.
M
arch.......
179,339
Olev. Akron ACo ls t w k A pr
8,176
134,717
9,854
23,140
23,189
18,798
16,854
235.028
d e v . A Canton. F ebruary..
22,092
225,496 Quincy O. A K.C. M arch .___
20,369
71,696
62,519
46,178
37,656
88,780
d .C in .C h .A 8 .L 2d w k A p r. 231,891
77,904 Rich. A Danville January... 432.900 526,900
432.900
526,900
230,729 3,668,818 3,577,670
Vir. Midland.. January...
Peo. A E ast’n. 2 d w k Apr.
141,500
183.300
141,500
183.300
29,186
28,649
Char.Col.AAu.
January...
488.29
Clev. A Marietta M arch.......
68.500
424,420
95,700
68.500
95,700
27,099
32,711
Col. A Greenv January...
76,515
Color. Midland. ls t w k A pr
71,600
84,340
90,900
71,600
90,900
41,029
34,560
West. No. Car J anuary...
521,692
Col. H. T . A Tol. M arch .___ 232,775
63.500
508,896
82,500
63.500
82,500
224,682
Georgia P a c .. J anuary...
702,004
182.900 168.300
Col.8hawneeAH ls t w k A pr
612,149
182.900
168.300
9,155
6,418
Wash.O.A W.. J anuary...
164,586
9.720
Colusa A L ake.. M arch___
105,335
9,720
9,900
9,900
1,613
1,889
Ashv. A Spart January...
4,588
Conn. R i v e f___ F ebruary..
I
I
,
700
5,560
14.000
II,
700 14 ,000
84,073
73,989
Total Sys’ m. 2d w k Apr. 256,455 273.930 3,674,290 3,959,470
162,224
Current R iv e r .. 1st wk Apr
155,954
1,588
2,406
38,034
Denv. A Rio Gr 2d w k A p r
29,055
40,388 Rich. A Petersb, February..
26,575
53,298
51,943
140,000 149,000 2,377,835
Des M. No. A W M arch___
10,872
2,062,243 R io Gr’deSouth. ■2d w kA p r.
3,587
144,728
44,011
33,349
27,001
97,772
Rio Gr. W est... 2d w k A p r.
Det.Bay C.AAJp M arch___
51.500
70,822
45.000
613.837
606,168
34,500
37,274
Sag.TuscolaAH. M arch.......
93,190
Det.Lans’ g A No 2d w k A p r
7,955
126,546
7,662
22,220
20,857
23,607
22,148
318,058
26,710
Duluth P.S. A At, 2d wk A p r
307,702 St.L.A.AT.H.B’s 2d wk A pr
26,300
402,218
3s8,851
36,431
26,535
St.L.Southw’rn. 2d w k Apr.
514.975
D uluth A Winn. M arch.......
70,628
419,770
68,238
1,192,439
1,166,989
14,106
8,420
35,451
147,834 10.» ,471
E.Tenn. Va. AGa 2d wk Apr. 113,327
19,202 St. Paul A Dul’th M arch.......
400,014
294,310
134,275
San Ant. A A .P .. F ebruary.. 107,209 100,145 e 164.715
E lgin Jol. AEast. M arch.......
208,383
73,739
58,209
203,647
154,172 Sandersv. A Ten. M arch.......
587
E l z.Lex.A B .8... Ja n u a ry...
735
1.552
2,308
41,596
60,740
41,596
60,740 S. FTan.AN.Pac ls t w k A pr
11,424
Evans. A Ind’plif 2d w kA pr.
13.022
169,612
158,361
6,348
6,252
98,561
90,859 Sav. Am. A Mon. M arch.......
35,486
E vansv. A T. H. 2d wk Apr.
38,613
107,686
121,314
22,805
21,538
335,814
317,334 Sav.Fla. A West. December. 315,691 359,044 3,288,862 3,038,473
F itchburg.......... Februar>
557,332 515,076
,088,572 1.051,143 S iiverton ........... M arch.......
nil.
nil.
Flint. A P. Maro 2d w k Apr!
6,520
10,788
53,191
60,590
909,467
Sioux City A N o. M a r c h .....
885,607
34,0u0
37,263
F loren ce............ F ebruary..
100,435
103,058
5,262
6.436
8,226
12,541 South B ou n d ... M arch.......
15,442
Ft. W. A R io Gr. 2d w kA pr.
40,720
10,128
7,739
87,466
62,213 South Carolina . M arch.......
134,000 153,842
F t. Worth ADenv February.. 131,871 110,156
399,075
508,505
266,610
241,535 So. Pacific Co.—
Ga. Car’la & No February..
14,054
12,588
26,218
Gal.Har.AS.A. F ebruary.. 333,754 299,913
23,908
G eorgia R R ....... February.. 145,340
693,181
641,078
179,170
262,091
Louis’ a W est.. F ebruary..
Geo; Bo. A Fla.. M arch.......
372,258
90,922
70,174
187,590
157,262
65,759
57,369
190,910
Morgan’ s L AT. February.. 418,271
180,529
G eorge t’n A W ’n February..
499,352
892,169 1,104,586
4,050
3.323
8,159
M.
Y
.T
.A
M
e
x
7,353
Gr. Rap. A Ind;. 2d wk Apr.
February..
15,204
10,914
33,734
25,240
51,203
46,940
680,319
Sex. A N. Orl. F ebruary., 139,147 113,074
625,567
d n .R .A F t. W. 2d wk Apr.
271,815
237,989
9,007
8,825
131,830
Atlantic
sys.ci.
123,288
•Other lin e s. . . 2d w kA p r.
February..
1,011,588
1,001,218
2,111,020
2,183,496
5,232
4,548
65,250
61,020
Pacific system F ebruary.. 2,409,289 2,311,091 4,826,289 4,982,064
T otal all lines. 2d w k A p r.
65,443
60,313
877,399
Total o f a ll.. F ebru ary.. 3,420,876 3,312,369 6,937,3071 7,165,560
809,875
Grand T ru n k ... WkApr. 16 377,322
341,252
5,384,829
5,154,128
So Pao. R R .—
Ohio A G r .T r. Wk A pr. 9
85,626
73,862 1,086,155! 1,036,421
So. D iv. (Cal.) F ebruary.. 534,016 446,284
%Ut
THE
A p r i l 23, 1892.J
Latest Earnings Reported.
R oads .
Week or Mo 1891-92.
1890-91.
«
So. Pac. R R .- Con !
CoastDiv.(Cai) February.. 142,333 116,110
A rizona D iv .. February.. 143,555 153,127
N ew Mex. Div. F ebruary..
76,575
84,531
10,034
12,120
Spar. Un. A Col. February..
60,200
Staten Isl. R . T . M arch___
57,772
1,241
StonyCl.ACM t.. February.
1,053
94,221
Summit Branch. March
117,688
Lykens Valley March
85,118
70,823
T ot’l both Co’ s March
202,806 165,044
Xenn. M idland.. March
15,593
11,817
T exas & Pacific. 2d wk Apr. 108,085 141,617
Tex.S.Va) AN.W. 2d w k A pr
1,259
606
Xol. A , A .A N. M. M arch___
96,147
95,726
6,763
T ol. Col. A Cin. 2d w k A p r.
6,218
29,164
33,201
Xol. A Ohio Cent. 2d w k Apr.
17,112
16,455
S ol. P. & W est.. 2d w kA pr.
34,650
33,548
S ol. St. L. & K.C. 2d wk Apr.
2,343
2,267
T ol.A So. H aven M arch.......
22,512
19,624
U lster & D e l___ F ebruary..
U nion Pacific
O r.B .L .A U .N . F ebruary.. 453,457 544,641
O r.R y.A N . Co. February.. 272,366 347,300
U n.Pac.D.AG . F ebruary.. 391.906 ; 371,057
17,443
16,828
Bt.Jo.AG’ d lsl. 2d wk Apr.
A llo th . lin es.. F ebruary.. 1,570,407 1,366,413
Tot.U.P.Sys. February.. 2,782,111 2,682,218
96,047
48,186
Cent.Br.&L.L. F ebruary..
Tot. cont’led F ebruary.. 2,878,159 2,730,404
91,603
91,409
M ontana U n .. February..
2.204
2,755
Leav.Top. & S. February..
2,704
3.074
Man. A l.A Bur. February..
96,512
97,233
Joint.ow n’d ,.. F ebruary..
Grand total. F ebruary.. 2,926,415 2,779,023
13,556
12,030
V erm ont Valley F ebruary..
W abash.............. 2d w k Apr. 235,000 223,000
93,324
84,719
W est Jersey....... F ebruary..
93,331
88,493
W .V.Cen.APitts. M a r ch .....'
45,931
51,029
W estern o f Ala. F ebruary..
62,100
59,000
W est.N .Y. &Pa. 2d w kA p r.
27,553
25,539
W heeling A L. E.i[2d w kA pr.
98,883
75,013
W il. Col. A A ug. [February..
6.205
7,898
W rights v. <feT en .)IM arch.......
CHRONICLE.
Jan. 1 to Latest Date
1891-92.
1890-91.
9
9
18,692
172,459
2,348
313,862
232,767
546,629
40,419
1,845,937
12,899
250,261
84,414
382,081
287,031
561,310
5,656
42,592
26,176
170,039
2,165
299,980
209,395
509,373
45,650
1,890,647
12,117
240.123
91,304
369,143
248,651
451,432
5,762
39,289
937,205
557,185
834,950
308,801
3,312,652
5,832,580
211,549
6,044.128
182,823
4,286
5,719
192,829
6,140,543
25,859
3,820,715
177,193
256,359
85,753
907,353
356,081
145,340
17,508
1,177,304
821,157
760,117
201,239
2,846,783
5,708,011
92,900
5,800,911
176,016
4,863
6,100
186,979
5,894,400
24,525
3,408,822
177,808
262,393
112,560
929,566
328,038
206,005
25.728
For the second week of April our table comprises 70 roads,
o f which 26 roads have decreases and 44 roads increases. In
the aggregate there is a gain of $201,019, or 3 ‘40 per cent.
Buffalo R och. A P ittsb...
Canadian P acific..............
C hicago A East. Illin o is..
Chicago Milw. A St. Paul.
Chicago Peoria A St. L ...
Chicago St. P. A Kan. C ..
C hicago A W est Michigan
Cin. Jackson A Mackinaw
Cleve. Cin. Chic. A St. L ..
Peoria A E astern..........
D en ver A R io G ra n d e . . .
D etroit Lans. A Northern
D uluth So. Sh A Atlantic
E ast TennesseeV a. A G a..
E vansv. A Indianapolis.
E vansv. A Terre H aute..
F lin t A Pere M arquette..
F t. W orth A R io Grande.
Grand Rapids A Indiana.
C incinnati R. A F t. W ..
* Grand Trunk o f Canada.
Io w a Central.....................
Kan. City Clin. A Spring.
Kan. City Ft. S. A M em ...
Lake E rie A W e ste rn ....
Louisv. E vansv. A St. L ..
Louisville A N a sh ville...
Louis. N. A lbany A Chic.
L ouisville N, O. 'A Texas.
L ouisv. St. Louis A Texas
M emphis A C harleston...
M exican N ational............
M ilwaukee A N orthern..
Mo. Kansas A T exas.......
M o. Pacific A Iron M t...
N ew Y ork Ont. A W e st...
N orthern P acific..............
Wisconsin Central lines
Ohio A M ississippi..........
Ohio R iv e r..........................
P eoria Dec. A E v a n s .___
Rich. A Danv. (8 roa d s)..
Rio Grande Southern___
R io Grande W estern.......
St. Joseph A Gr. Island..
St. L. Alt. A T . H. Brches.
St. Louis Southwestern..
Texas A P a c ific ................
T exas Sab. V. A N. W ___
Toledo Col. A Cincinnati.
Toledo A Ohio C e n tral...
T oledo P eoria A Western
T oledo St. L A Kan. City.
W abash...............................
W estern N. Y . A P e n n ..
W heeling A Lake E r ie ...
T otal (TO ro a d s)............
N et increase (3-40 p, c .) ..
1892.
1891.
$
43,974
59,344
394,000
157,436
69.160
560,949
20,953
77,342
38,387
11.345
231,891
29,186
140.000
23,607
36,431
113,327
6,348
22,805
53,191
10,128
51.203
9.007
5,233
377,322
32,686
5,845
82,577
57,773
75,848
27.663
378,720
61,566
58,638
12,244
23,02 )
145,943
75,852
32,054
176.128
420,000
64.539
200,732
414,289
88,741
82,495
13,725
15.228
49,056
256,455
10,872
51,500
17,443
26,710
70.628
108,085
606
6.218
33,201
16,455
34,650
235,000
62.100
27,553
«>.784
3*190
1,874
57,470
23,000
371,000
2,534
154,902
68,592
568
79,084
481,865
17,613
3,340
82,531
6,959
31,428
12,346
1,162
230,729
28,649
537
149,000
1,459
22.148
9,896
26,535
134,275
96
6,252
1,267
21,538
60,590
2,389
7,739
4,263
46,940
182
8,825
4,548
341,252
36,070
ä s ;* __
33,321
5,269
576
86,127
49,432
8.341
2,725
73,123
926
26,737
346.110
32,610
14,420
47,146
55,237
3,401
8.808
3,436
27.702
128,941
17,002
78,728
30,722
1,332
159.246
16,832
446,000
16,243
4*,296
184,737
15,995
441,755
93,410
83,016
1,592
12,133
16,130
15,229
33,827
273,930
7,285
3,587
6,500
45,000
615
16,828
410
26,300
2,390
68,238
141,617
1,259
.......
6,763
4,037
29,164
17.112
.........
1,102
33,548
12,000
223,000
3.100
59,000 •
2,014
25,539
6,095,408 5,894,389
* F or week ending A p ril 16
Increase.
368,718
201,019
The final statement for the first week of April covers 91
roads, and shows 3 -70 per cent gain in the aggregate.
1st week o f A pril.
* Figures cov er on ly that part o f m ileage located in South Carolina
t Earnings given are on w hole Jacksonville Southeastern System .
b Kansas City & P acific included in both years, e Western A A tlan
tic included in 1892, but n ot in 1891.
d Includes earnings from f s r .
ties, etc., n ot given separately.
1 M exican currency,
e Decrease caused by strike.
2d week o f A pril.
679
Decrease.
9
5,189
1,001
9,000
20,948
7,399
635
3,550
4,681
2,876
26,000
........
27,466
4.669
521
902
17,475
33,532
653
545
657
167,699
......... -
1892.
1891.
9
$
Prev’ly report’ d (65 roads) 6,274,863 6,004,645
Burlington C. R. A N o ...
70,187
61,424
85.626
t Chicago A Grand Trunk.
73,862
133.575
Cin.N.C>. AT.Pao. (5 roads)
140,629
Cleveland A kron & C o l...
18,798
16,854
233,038
226,840
Cleve. Cin. Chic. A St. L.
28.967
28.801
Peoria A Eastern..........
9,155
Col. Shawnee A H ocking.
6,418
2,406
1,588
23.351
' 21,0*2
t Detroit Gr. H. A M il___
Flint A Pere M arquette.
52.718
57,922
Ft. W orth A R io Grande.
8,328
4,178
58,146
57,619
Int. A Gt. N orthern.........
28.863
29,653
4,463
5,173
Kansas City Clin. A Spr..
79,521
Kan. C ity Ft. S. A M em ..
¡79,371
iTfioknlr A W estern...........
6,256
7,394
11.071
11,213
Little R ock A M em phis..
Memphis A C harleston...
22,777
27,702
62,000
84,738
11,424
13,022
San F rancisco A No. Pac.
622
Texas Sab. V. A N. W ----876
Western N. Y. A P en n ..
158,200
61,800
T otal (91 road s)............
Net increase (3'70 p.c.)
7,283,587
7,023,632
Increase.
*
383,649
8,763
11,764
1.944
6,248
166
2,737
2,259
4,150
527
150
Decrease.
9
113,431
7,054
813
5,204
790
710
1,138
142
4.925
22,738
1,598
254
3,600
422,357
259.955
162,402
t For week ending A p ril 9.
Net Earnings M onthly to Latest Dates.— The following
shows the gross and net earnings to latest dates of all railroads
furnishing monthly statements. The compilation includes
every road from which we can get returns of this character,
and in that form is given once a month. Early returns are
published from week to week, as soon as issued, but for the
convenience of our readers all the roads making returns are
brought together here in the week in which we publish our
monthly article on net earnings— say on or about the 20th of
the month. A paragraph mark (*,[) added after the name
of a road indicates that the figures for that road have not pre
viously been given, but appear for the first time in this issue.
----- Net Earnings.------ ,
-Gross Earnings.1892.
1891.
1892.
1891.
$
$
Roads.
$
75,353
63,810
175,484
A llegheny V alley..IfF eb. 193,008
133,957
138,888"
373,500
Jan. 1 to Feb. 2 9 ...
370,576
545,082
536.401
At. T. & S. Fe b ___ HFeb. 2,497,961 2,116,380
Jan. I t o Feb. 2 9 ... 4.977,122 4,463,451 1,054,194 1,087,957
Ju ly 1 to Feb. 2 9 ...2 3 ,5 6 1 ,2 2 8 21,533,364 7,466,056 6,265,947
R ’ds j ’tly ow. (h i)f bF eb.
124,057
100.749 def.1,220 def.16,858
• 4,408 d ef.29,702
227,526
Jan. 1 to Feb. 2 9 ...
265,491
110,328 def.33,240
July 1 to Feb. 2 9 ... 1,171,211 1,102,918
543,862
519,543
T ota lA tch . s y s ..b .F e b . 2,622,018 2,217,129
Jan. 1 to Feb. 2 9 ... 5,242,613 4,690,977 1,058,602 1,053,234
Ju ly 1 to Feb. 2 9 ...2 4 ,7 3 2 ,4 3 8 22,636,279 7,576,382 6,232,704
199,740
190,104
St. L .& S an F r..1fb.F eb.
517,647
471,278
332,943
380,038
960,313
978,295
Jan. 1 to Feb. 2 9 ...
Ju ly 1 to Feb. 2 9 ... 4,921,795 4,670,707 2,200,575 2,117,971
def.13 def.16,306
97,834
121,603
R ’ds j ’ tly ow. (^a) ITbFeb.
6,872 def.26,431
222,045
260,488
Jan. 1 to Feb. 2 9 ...
129,998 def. 10,486
Ju ly 1 to Feb. 2 9 ... 1,147,824 1,078,329
183,434
190,091
569,112
Tot. S.L.&S.F.Sys.bFeb.
639,250
353,607
339,815
Jan. 1 to Feb. 2 9 ... 1,238,783 1,182,358
2,330,573
2,107,486
5,749,035
Ju ly 1 to Feb. 2 9 ... 6,069,619
702,978
733,953
Atch. & San Fran. bFeb. 3,261,268 2,786,241
Jan. 1 to Feb. 2 9 ... 6,481,396 5,873,335 1,398,417 1,411,862
9,906,955
8,340,194
Ju ly 1 to Feb. 2 9 ...3 0 ,8 0 2 ,0 5 7 28,385,315
B altim ore & Ohio—
453,818
414,548
Lines E. Ohio R .blfM ar. 1,530,041 1,414,928
Jan. 1 to Mar. 3 1 ... 4,483,342 4,165,933 1,183,142 1,271,701
Oct. 1 to Mar. j|L... 9,499,016 8,965,323 2,742,854 2,931,443
60,539
82.764
Lines W. o f O.R.bTIMar.
497,123
430,253
178.055
210,722
Jan. 1 to Mar. 3 1 ... 1,507,189 1,291,721
425,490
542,358
Oct. 1 to Mar. 3 1 ... 3,146,865 2,742,686
514,356
497.312
Total'system ___ blfM ar. 2,027,163 1,845,180
Jan. 1 to Mar. 3 1 ... 5,996,031 5,457,653 1,393,863 1,449,755
Get. 1 to Mar. 3 1 ...1 2 ,6 4 5 ,8 8 1 1 1 ,7 0 8 ,0 0 9 3,285,211 3,356,932
54,144
63,877
170,374
210,576
B. & O. S outhw .-H b.Feb.
118,727
149,514
355,380
445,876
Jan. 1 to Feb. 2 9 ...
79 4
609
4,211
3,307
Birm. & A tla n tic..bffF eb.
2,206
209
9,864
6,062
Jan. 1 to Feb. 2 9 ...
16,636
5,932
48,857
29,442
Ju ly 1 to Feb. 2 9 ...
5,593
13,509
7,840
18,860
Bir. Sheff. &Tenn. R bli Feb.
10,095
16,166
29,760
37,915
Jan. 1 to Feb. 2 9 ...
39,724
180,355
60,668
230,399
Buff. R och. A P ittsb .F eb .
75,882
126,854
467,290
371,777
Jan. 1 to Feb. 2 9 ...
404,197
613,928
Ju ly 1 to Feb. 2 9 ... 1.960,926 1,598,207
76,638
105,563
265,851
336,497
Burl. Ced. R . A No. a flFeb.
147,488
208,071
517,585
668,308
Jan. 1 to Feb. 2 9 ...
def.5,294
def.
5,413
36,736
37,354
Camden A Atlan.alTFeb.
76,982 def.29,652 def.19,342
71,030
Jan. 1 to Feb. 2 9 ...
336,821
402,160
Canadian P a cific.a ..F eb . 1,456,369 1,338,494
934.312
666,516
Jan. 1 to Feb. 2 9 ... 3,065,471 2,703,715
393,350
374,291
Central P a c ifie ...bUFeb. 1,005,879 1,017,883
3,225 def. 1,723
13,361
15,416
Char. Cin. AChic...1TFeb.
26,276
2,748
26,555
Jan. 1 to Feb. 2 9 ...
5,5 34
11,574
4,085
9,558
Cheraw&Darl’tonUbFeb.
5,917
16,026
13,468
25,038
Jan. 1 to Feb. 2 9 ...
623,073
175,886
156,971
705,135
ChesapeakeAOhio.a.Feb.
330.856
309,736
Jan. 1 to Feb. 2 9 ... 1,408,876 1,277,737
Ju ly 1 to Feb. 2 9 ... 6,210,901 5,389,405 1,633,954 1,461,670
184,934
185,915
55.475
66,796
Ches.O.& Southw.TTbFeb.
146,766
161,496
51,026
68,545
Chic. Bur. & N orth. b . . Feb.
311,573
311,566
112,500
99.568
Jan. 1 to Feb. 2 9 ...
Chic. B url.& Q u in .b.F eb. 3,068,335 2,237,904 1,082,886
607,520
Jan. 1 to Feb. 2 9 ... 6,077,184 4,567,734 2,022,474 1,222,269
147,807
140,513
C hicago & E. 111....bJan. 311,574
296,820
Ju ly 1 to Jan. 3 1 ... 2,215,634 2,133,909 J 1925,017 1,113.673
THE
6 r 0
CHRONICLE.
/-----Gross E arnings.----- ,,------Net E arnings.-----1892.
1892.
1891.
1891.
Roads.
$
$
$
$
Chic. Mil. & S t.P aulaF eb. 2,304,102 1,878,992
412,596
583,923
931,512
Jan. 1 to Feb. 2 9 ... 4,725,019 3,825,188 1,263,445
Ju ly 1 to Feb. 2 9 ...2 2 ,2 7 8 ,0 5 5 19,021,609 8,322,345 6,561,411
31,960
Chic. & West M ich .aF eb.
143,485
33,332
121,980
Jan. 1 to Feb. 2 9 ...
51,435
260,672
231,291
51,531
Cin. Jack. &Mack..TTFeb.
Jan. 1 to Feb. 2 9 ...
Ju ly 1 to Feb. 2 9 ...
50,831
103,287
480,340
63,078
121,0?'2
494,096
9,717
18,528
123,292
17,548
30,640
127,322
Cin.N.O. &Tex.P.TTaFeb.
368,942
Jan. 1 to Feb. 2 9 ...
688,399
Ju ly 1 to Feb. 2 9 ... 2,975,201
331,702
685,251
3,012,993
107,098
166,876
850,101
93,237
196,459
947,898
47,138
74,312
343,468
27.000
41.000
213,000
12,000
25,000
137,000
19.000
35.000
164.000
212,236
342,188
1,707,569
1,788
1,599
15,307
29.315
166,440
15,706
29,287
171,034
283.011
500,035
2,808,162
41,259
80,002
364,240
6,065
22,304
73|734
232,566
46,033
83,257
373,829
75,959
176,898
305,684
615,243
2,616,446
16,834
24,673
11,451
22,881
17,545
28,588
23,346
45,185
76,345
1,279,126
20,073
37,407
195,169
def.258
72,618
134,063
27,895
49,409
33,338
50,322
272,003
19,717
33,034
189,579
49,694
85,446
&
57,233
114,033
13,142
26,786
3,083
4,547
$
def.700
def.2,166
428,951
775,237
3,881,880
10,468
26,661
96,381
def.16,988
def.22,557
41,614
91,357
437,833
55
194
65,108
150,293
269,387
104,525
201,955
1,041,349
31,644
50,459
212,919
11,750
29,286
52,233
109,516
429,345
18,142
45,004
183,241
11,723
30,729
136,541
16,000
37,589
133,434
191,335
419,297
l,83 0,45 y
def. 1.893
def.2,675
14,760
31,025
158,746
10,593
22,433
148.012
268,499
562,566
2,645,934
19,121
38,997
191,206
9,392
23,613
51,760
210,536
34,318
84,334
421,997
65,464
143,486
150,271
330,124
2,473,580
8,598
13,463
19,877
42,203
23,125
39,771
17,722
48,174
212,030
1,502,381
16,592
27,510
127,017
12,403
46,076
97,5 j 3
14,761
45,055
67,488
145,308
529,242
18,628
35,684
162,339
39,418
88,855
£
42,843
107,277
11,545
28,996
1,736
3,870
$
d ef.3 7 0
def.1,227
376,772
838,312
3,888,232
7,025
19,740
98,342
def.47,278
def.48,087
64,735
92,977
391,290
722
2,131
57,410
138,358
183.963
93,837
186,563
910,618
11,332
38,636
219,017
11,968
26,488
A la. Gt. South’n lfa . Feb.
165,695
148,199
Jan. 1 to Feb. 2 9 ...
314,239
307,864
July 1 to Feb. 2 9 ... 1,329,286 1,343,288
N. O. & N o’east.TTaFeb.
107,843
89,704
Jan. l . t o Feb. 2 9 ...
210,399
193,381
Ju ly 1 to Feb. 2 9 ...
887,677
786,826
A labam a & VickTf aF eb.
59,218
50,636
114,763
Jan. 1 to Feb. 2 9 ...
109,805
Ju ly 1 to Feb. 2 9 ...
508,460
465,078
V icks. Bh.&Pac.aUFeb.
55,758
^51,011
S ^ JJan. 1 to Feb 2 9 ...
110,881
110,895
a* ¡July 1 to Feb. 2 9 ...
487,278
465,385
otal system .. ..alTFeb.
757,456
671,252
Jan. 1 to Feb. 2 9 ... 1,438,681 1,407,196
Ju ly 1 to Feb. 2 9 ... 6,187,902 6,073,570
Cin. Ports. & Vir.TIb.Feb.
16,559
13,472
Jan. 1 to Feb. 2 9 ...
31,065
80,146
C lev.A kron &Col.»TT Feb.
67,428
63,723
Jan. I t o Feb. 2 9 ...
134,717
135,393
July 1 to Feb. 2 9 ...
630,100
592,759
Olevel. & C anton.. b . Feb.
46,178
37,656
Jan. 1 to Feb. 2 9 ...
88,780
77,904
Ju ly 1 to Feb. 2 9 ...
493,299
412,543
d e v . Cin. C.& St. L .. aFeb. 1,042,975
986,595
Jan. 1 to Feb. 2 9 ... 2,088,361 2,063,492
Ju ly 1 to Feb. 29 .. 9,400,573 8,950,305
P eoria & East...aTTFeb.
141,424
116,165
Jan. 1 to Feb. 2 9 ...
284,599
237,606
July 1 to Feb. 2 9 ... 1,270,390 1,020,699
Cleve. & M arietta...Jan.
25,635
30,052
C olorado Fuel C o___Feb.
Jan. 1 to Feb. 2 9 ...
Ju ly 1 to Feb. 2 9 ...
C olorado M idland.b.F eb.
163,101
141,906
Jan. 1 to Feb. 2 9 ...
322,445
310,812
Ju ly 1 to Feb. 2 9 ... 1,386,778 1,291,223
221,630
178,170
Col. H. V. & T ol-.bU F eb.
Jan. 1 to Feb. 2 9 ...
469,229
387,468
701,993
Denv. & R. G randebFeb.
556,215
Jan. 1 to Feb. 2 9 ... 1,428,335 1,207,843
Ju ly 1 to Feb. 2 9 ,.. 6,046,755 6,192,776
D es Mo. No.& West.HFeb.
34,147
22,207
Jan. 1 to Feb. 2 9 ...
64,423
43,821
29,611
D et.B ay City & Al.bU Feb.
42,350
J a n .'l to Feb. 2 9 ...
58,690
89,272
D et. Lans. & North. aFeb.
91,875
83,044
Jan. 1 to Feb. 2 9 .,.
169,893
175,847
D uluth S. 8. & A tl. .HFeb.
114,954
142,208
Jan. 1 to Feb. 2 9 ...
270,893
238,457
765,882
JE.T. Va. & G a...flra..Jan.
589,156
July 1 to Jan. 3 1 ... 4,695,986 5,168,485
64,062
E lgin Joliet & E..alTFeb.
49,665
Jan. 1 to Feb. 2 9 ...
95,962
129,908
Ju ly 1 to Feb. 2 9 ...
547,025
415,673
Eliz. L ex. & B ig S .b Jan.
41,596
60,740
Flint& Pere M arq.a,.Feb.
256,276
226,336
Jan. 1 to Feb. 2 9 ...
498,384
480,301
F t.W ’rth&Den.CitylTFeb.
131,871
110,156
Jan. 1 to Feb. 2 9 ...
266,610
241,535
145,340
179,170
Georgia R R .........-TTaFeb.
Jan. 1 to Feb. 2 9 ...
262,091
372,258
Ju ly 1 to Feb. 2 9 ... 1,152,561 1,358,564
64,451
Ga.South’n &Fla .biIF eb.
■ 59,786
123,160
Jan. 1 to Feb. 2 9 ...
125,151
538,822
July 1 to Feb. 2 9 ...
527,019
Grand Rap. & In d .. ITFeb.
190,518
167,288
Jan. 1 to Feb. 2 9 ...
359,953
333,905
£
£
263,439
Grand Tr’k o f Can. IT Feb.
289,639
Jan. 1 to Feb. 2 9 ...
567,744
582,246
57,541
Chic. & Grand Tr.,1TFeb
62,936
Jan. 1 to Feb. 2 9 ...
128,722
124,881
16,339
D et Gr. H. & MiL.lTFeb.
19,607
Jan. 1 to Feb. 2 9 ...
34,821
37,216
$
3,521
^2,769
G u lf & C hicago.. ITb F e b .
Jan. 1 to F e b .-2 9 ...
6,000
6,127
Illinois Central___aF eb. 1,570,163 1,408,310
Jan. 1 to Feb. 2 9 ... 3,074,995 2,924,492
Ju ly 1 to Feb. 2 9 ... 13,250,608 12,244,754
33,232
Ind. Dec.& W e st.—ITFeb.
37,468
73,447
Jan. 1 to Feb. 2 9 ...
81,661
331,250
Ju ly 1 to Feb. 2 9 ...
360,294
293,718
251,639
Int. & Great Nor...1TFeb
572,234
Jan. 1 to Feb. 2 9 ...
583,315
150,262
146,059
Io w a C e n tra l.b .........Feb
Jan. 1 to Feb. 2 9 ...
324,218
273,400
Ju ly 1 to Feb. 2 9 ... 1,350,337 1,211,466
2,383
2,628
Iron R a ilw a y ....... b ITFeb
Jan. 1 to Feb. 2 9 ...
5,931
4,685
Jack. Tam. & K. W .. .Mar
111,832
303,067
Jan. 1 to Mar. 3 1 ...
273,052
289,250
Ju ly 1 to Mar. 3 1 ...
603,364
528,822
Ean.C. Ft.S.& M em .aFeb.
420,344
374,229
Jan. 1 to Feb. 2 9 ...
741,353
842,080
Ju ly 1 to Feb. 2 9 ... 3,423,356 3,212,992
Kan. C. Mem. & Bir.aFeb
106,282
94,835
Jan. 1 to Feb. 2 9 ...
2"5,7 69
201,190
Ju ly 1 to Feb. 2 9 ...
855,299
833,785
K eoku k &'West’n.bTTFeb
31,850
29,184
Jan. 1 to Feb. 2 9 ..
60,253
69,287
[V ol L1V,
— Gross Earnings.--- ,
1892.
1891.
$
$
6,404
4,809
12,507
10,410
Net Earnings.
1892.
1891.
$
$
1,941
def. 209
3,010
828
L. Erie & W est’n .b lfF eb .
263,325
226,835
102,672
93 ,360
Jan. 1 to Feb. 29 ..
548,604
478,833
220,097
200,583
31,687
Leh.<fc Hud. R iver.H bF eb.
27,653
15,773
8,973
Jan. 1 to Feb. 2 9 ...
58,879
59,454
28,069
17,262
Ju ly 1 to Feb. 2 9 ...
263,834
256,175
125,092
87,895
Louisv.& Nashville bF eb. 1,784,656 1,529,781
690,710
595,233
3,366,240 3,120,296 1 ,1 3 ', 862 1,181,091
14,427,413 13,154,672 5,151,329 4,974,860
Louisv. N. Alb. & C -.F eb..
228.241
184,497
66,331
14,797
Jan. 1 to Feb. 2 9 ...
376,853
431,049
99,615
28,476
Louisv.N. O. & T ex.. b Feb.
366,342
87,890
308,718
71,820
Jan. 1 to Feb. 2 9 ...
716,768
686,430
162,140
196,566
Louisv.8t.L. & Tex.TT/.Febi
19,221
52,721
30,285
11,593
Jan. 1 to Feb. 2 9 ...
41,227
104,883
64,398
25,190
15,693
157,192
Memp. & Charles.a ..J an .
125,286
34,592
Ju ly 1 to Jan. 3 1 ...
262,987
984,686 1,141,308
328,267
169,108
198,385
M exican Centrai.......Feb.
607,350
538,129
Jan. 1 to Feb. 2 9 ... 1,220,372 1,121,899
380,967
427,497
104.675
M exican N a tion a l.. .Feb.
338,273
97.496
321,813
184,345
195,499
Jan. 1 to Feb. 2 9 ...
683,874
644,526
34,569
31,044
Milw. & N o r t h .» ___Feb.
121.962
116,439
48,313
75 ,789
Jan. 1 to Feb. 2 9 ...
245,040
239,529
Ju ly 1 to Feb. 2 9 ... 1,208,228 1,098,152
449,443
421,828
81,737
43.820
Minn. & St. L ouis.a..F eb.
161,792
112,379
222,079
86,766
132,297
Jan. 1 to Feb. 2 9 ...
288,717
595,903
393,141
Ju ly 1 to Feb. 2 9 ... 1,366,477 1,082,358
36,326
135,511
51,428
Minn. St.P.& S.S.M.irFeb..
196,664
89,021
116,430
Jan. 1 to Feb. 2 9 ...
421,949
286,185
483,585
439,616
Mo. Pac. & Iron M t.bF eb., 2,137,412 1,882,329
956,655
806,768
Jan. 1 to Feb. 2 9 .... 4,211,885 3,824,992
28,139
86,426
74,698
Mont. & Mex. Gulf. Feb.
46,461
165,164
148,103
Jan. 1 to Feb. 2 9 ...
117,799
151,461
306,995
Nash.Chat.ASt.L.tbM ar.
419,498
■
466,552
365,390
957,231
Jan. i to Mar. 3 1 ... 1,252,083
4,123,220 3,032,229 1,596,932 1,237,600
12,261 def.1,406 def. 1,229
11,288
def.782
2,355
30,276
24,430
Jan. 1 to Feb. 2 9 ...
■'688,142
*658,767
N.Y.L.E.&W estern. cFeb. 2,278,623 2,054,403
Jau. 1 to Feb. 2 9 ... 4,465,193 4,226,682 1,113,004 1,265,394
Oot. 1 to Feb. 2 9 ...1 2 ,6 6 4 ,9 2 5 11,831,479 *3,825,423-*3,833,250
3.070
5,660
33,073
40,297
N.Y. & Northern.bl) .Feb.
4,147
4,856
66,398
75,744
Jan. 1 to Feb. 2 9 ...
57,997
58,658
315,439
351,018
July 1 to Feb. 2 9 ...
24,234
30,709
217,321
200,029
N .Y . Ont.&West’na.Feb.
55,272
53,696
411,829
419,110
Jan. 1 to Feb. 2 9 ...
424,310
511,628
July 1 to Feb. 2 9 ... 2,092,960 1,838,594
36,045
42,090
101,535
113,851
N. Y . Sus. & W e st.b .F e b .
85,746
92,254
216,623
227,783
Jan. 1 to Feb. 2 9 ...
7,264
29,896
N orfolk & Southern..Jan.
169,478
204,503
625,634
770,012
N orfolk& W est’n .a Feb.
357,480
372,258
Jan. 1 to Feb. 2 9 ... 1,470,954 1,321,137
131.921
185,383
473,580
Northern C en tral.b.F eb.
576,044
263,772
318,319
969,142
Jan. 1 to Feb. 2 9 ... 1,125,954
433,681
536.077
Northern P acific.i[b.F eb. 1,538,018 1,469,981
865.078 1,035,631
Jan. I t o Feb. 2 9 ... 2,985,352 3,222,120
Ju ly 1 to Feb. 2 9 ... 17,236,885 17,669,734 7,220,223 7,554,383
87,619
119,059
Wis. Cent.lines.tfbFeb.
408,307
326,502
193,359
184,456
Jan. 1 to Feb. 2 9 ...
762,157
698,222
Ju ly 1 to Feb. 2 9 ... 3,663,731 3,617,287 1,356,644 1,309,189
521,300
655,137
Tot. both Co.’ s.H bFeb. 1,946,326 1,796.483
Jan. I t o Feb. 2 9 ... 3,747,510 3,920,342 1,049,535 1,228,990
Ju ly 1 to Feb. 2 9 . . . 20,900,616 21,287,022 8,576,869 8,863,573
62,815
61,396
Ohio & M ississippi.aFeb.
332,523
305,965
136,785
140,682
Jan. 1 to Feb. 2 9 ...
692,098
634,178
770,714
819,033
Ju ly I t o Feb. 2 9 ... 2,979,909 2,813,676
10,997
16,384
Ohio R iv e r .b .............Feb.
46,221
35,815
29,397
32.915
Jan. 1 to Feb. 2 9 ...
91.273
86.347
51,377
30,011
Oregon Imp. C o .a ...F e b .
256,107 299,281
93,388
84,738
Jan. 1 to Feb. 2 9 ...
551,885
607,642
146,346
125,021
D ec. 1 to Feb. 2 9 ...
849,723
950,026
Penn, (east P. & E .).F eb . 5,207.097 4,739,320 1,571,931 1,308,969
Jan. 1 to Feb. 2 9 ...1 0 ,2 2 6 ,8 3 8 10,051,795 2,646,483 2,756,188
I n c . 250,183
I n c . 543,655
Lines west o f P.& E .Feb.
In c . 192,357
I n c . 728,593
Jan. 1 to Feb. 2 9 ...
14,839
27,162
45,842
49,619
Petersburg........... all Feb.
29,547
43,391
88,989
87,178
Jan. 1 to Feb. 2 9 ...
120,670
159,603
335,676
325,868
Ju ly 1 to Feb. 2 9 ...
97,250
105.425
304,988
354.286
Philadelphia & E rie.F eb.
207,624
193,688
657,590
713,961
Jan. 1 to Feb. 2 9 ...
581,498
762,806
Phila. & R eading-----Feb. 1,788,774 1,470,917
Jan. 1 to Feb. 2 9 ... 3,515,988 3,183,007 1,505,516 1,310,469
Dec. 1 to Feb. 2 9 ... 5,397,511 4,869,118 2,413,200 2,010,118
Coal & Iron C o....... Feb. 1,778,028 1,145,647 def.35,361 df.107,009
Jan. 1 to Feb. 2 9 . 3,310,069 2,589,408 def.26,100 def.96,191
46,224 def.86,324
D ec. 1 to Feb. 29 . 5,094,492 4,195,784
727,445
474,484
T otal both Co’s — F eb. 3,566,802 2,616,564
1,479,416
1,214,277
5.772,415
Jan. 1 to Feb. 29. 6,826,057
Deo. 1 to Feb. 29.10,492,002 9,064,902 2,459,424 1,923,794
Inc. 36,050
Inc. 174,752
Pitts. C. C. & St. L..ITMar.
I n c . 100,140
In c. 479,141
Jan. 1 to Mar. 3 1 ...
601
778
3,159
3,285
Pitts. Mar.&Chic.TTbFeb.
1,402
65
6,805
6,408
Jan. 1 to Feb. 2 9 ...
32,738
107,049
3,358
94,819
Pittsburg & West, a .. Jan.
38,047
29,371
6,411
def. 33
Pitts.Clev.& T o l.a . Jan.
15,589 def.4,810
216
15,116
Pitts.Paines.& F a . Jan.
32,921
147,982
152,009
4,960
T otal sy ste m .a — Jan.
59,332
16,645
98,284
31,675
Pitts.Youngs. & A.HMar.
266,835
168,714
40,657
85,926
Jan. 1 to Mar. 3 1 ...
1,714 def. 4,924
6,991
4,911
Pres. & Ariz. Cent.liFeb.
14,964
13,335
3.879
def. 823
Jan. 1 to Feb. 3 « . . .
6,750
19.670
9,156
24,647
Quin.Om. & K. C .bflF eh .
49,604
42,150
14,667
18,406
Jan. 1 to Feb. 2 9 ...
29,055
8,790
5,968
Rich. & Petersb’gaUFeb.
26,575
13,820
53,298
13,225
Jan. 1 to Feb. 2 9 ...
51,943
63,512
212,789
54,805
July 1 to Feb. 2 9 ...
208,365
40,757
20,805
6,564
Rio GrandeSouth’n. ITFeb.
12,255
82,894
13,905
24,551
42,619
Jan. 1 to Feb. 2 9 ...
Hoads.
*
L.Erie All.&SouthaTTFeb.
Jan. 1 to Feb. 2 9 ...
— Gross Earnings
1891.
1892.
Roads.
$
153,395
R io Grande W est’ n .b F e b .
162,361
351,368
Jan. 1 to Feb. 2 9 ...
345,637
J u ly 1 to Feb. 2 9 ... 1,791,672 1,551,021
6,762
Sag. Tus. & H uron ajTFeb.
6,9 4 1
13,195
Jan. 1 to Feb. 2 9 ... 14,265
45,501
99,683
689,545
1891.
$
46,069
114.953
625,663
2,0 80
4,347
2,074
2,440
1892.
Roads.
Whitebr’ stF u el C o...F eb .
Jan. 1 to Feb. 2 9 ...
Ju ly 1 to Feb. 2 9 ...
Wrights. & Tenn’le . .ITF eb.
Jan. 1 to Feb. 29 -.
July 1 to Feb. 2 9 ...
-Gross E arnings —
1891.
$
$
5,876
11,303
49,965
8,730
17,830
67,696
189S
$
8,102
23,810
80,978
1,690
3,658
19,000
1891.
$
9,068
18,474
100,803
4,349
9,237
22,737
50,216
44,756
113,736
113,631
~ i Ta paragraph m ark added after the name o f a road indicates that
22,818 the figures fo r that road have n ot previou sly been given, but appear
61,560
St. P aul & Dulutb. b.F e b .
130,778 ■ 95,140
43,849
for
the first tim e in this issue,
101,791
185,839
Jan. 1 to Feb. 2 9 ...
252,180
a Net earnings here given are after deducting taxes.
396.169
548,005
Ju ly 1 to Feb. 2 9 ... 1,333,806 1,059.643
1»
Net earnings here given are before deducting taxes,
10,554
12,416
54,103
San Fran. & N P a c.a M a r
60,532
c Net earnings are here given after deducting taxes on property.
16,388
18,721
145,339
Jan. 1 to Mar. 3 1 ...
158,187
«E
a rn in g s fo r January and Ju ly 1 to.Jan uary 3 1 for both years
199,859
241,830
612,738
J u ly 1 to Mar. 3 1 ...
667,320
include K n oxville & Ohio, L ouisville Southern and M obile & Birming—
16,572
15,932
41,354
Say. Am . & M o n t...F e b .
39,164
33,462
26,398
82,701
% Earnings are on 121 m iles only in both years.
. .
Jan. 1 to Feb. 2 9 ...
72,200
153,214
133,070
342,314
t Figures fo r M arch and Ju ly 1 to date this year include W estern
J u ly I t o Feb. 2 9 ...
341,811
3,234
def.
873
7,025
6,520
S llyerton.................... Jan.
'E x p e n s e s include large am ounts spent fo r m aintenance and re14,396
13,673
31,846
31,346
S ioux City & N or.U bF eb.
(airs, and join t expenses w ith Chicago & W est. Indiana.
29,505
28,162
65,795
66,435
Jan. 1 to Feb. 2 9 ...
HIncluding incom e from ferries, &c.
39,878
53,525
176,916
150,485
South C arolina...bH F eb.
120,759
73,701
354,663
265,075
Interest Charges and Surplus.—The f o l l o w i n g r o a d s , in
Jan. 1 to Feb. 2 9 ...
473,523
398,307
Ju ly 1 to Feb. 2 9 ... : 112,114 1,217,315
a d d itio n t o t h e ir g r o s s a n d n e t e a r n in g s g iv e n a b o v e , also
Southern P acific Co.—
7,482 re p o r t c h a r g e s f o r in t e r e s t, & c ., w i t h t h e s u r p lu s o r deficit
47,647
299,913
333,754
Gal. H ar. &S. Ant. b . Feb.
62,851 a b o v e o r b e lo w t h o s e c h a r g e s .
142,072
641,078
693,181
Jan. 1 to Feb. 2 9 ..
r—Inter’ t, rentals, <tc.—, r-B al. o f Net Earns,
18,711
47,991
70,174
90,922
Louisiana West, b . .Feb.
1891.
1892.
45,498
1891.
94,043
1892.
157,262
187,590
Jan. 1 to Feb. 2 9 ..
$
$
$
174,792
Roads.
90,259
499,352
418,271
M organ’sL a.& T .b-.F eb.
def
6,738
400,032 San. Fr. & No. P ac.-M ar.
17,292 def.4,767
219,402
17,184
892,169 1,104,586
Jan. 1 to Feb. 2 9 ..
44,061
87,149
155,798
154,682
July 1 to Mar. 3 1 ...
3,684 def.4,68'2
10,914
15,204
N .Y .T e x .& M e x .b -.F e b .
20,300
12,900
36,000
8,872 def.5,214 Tenn. Coal & Iron Co.Mar.
36,200
25,240
33,734
Jan. 1 to Feb. 2 9 ..
24,200
42,200
108,000
108,400
37,085
Jan. 1 to Mar. 3 1 ...
58,736
113,074
139,147
T exas & N. O rl.b . .Feb.
— July 1 to Feb. 2 9 — .
74,452
------February,
110,634
237,989
271,815
Jan. 1 to Feb. 2 9 ..
1891-92.
1890-91.
1891.
1892
224,548
250,566
T ot.A tlan tic sys.||bFeb. L,Oil,588 1,001,278
«B
$
565,593 Nor. Pae. & Wis. C e n t .#
581,329
2,111,020 2,183,496
1,796,483 20,900,616 21,287,022
Gross earnings.............. i'gS V ’ Van 1,275,183 12,323,748 12,423,448
803,521
747,751
Ì,409,289 2,311.091
Operating expenses
Jan. 1 to Feb. 2 9 .. - 1,826,289 4,982,064 1,462,521 1,716,988
521,300 8,576,869 8,863,573
972,299
655,137
T otal o f a ll.b 1T-.Feb. Î ,420,876 3,312,369 1,054,086
567,008
246,475 1,233,043
181,950
M iscellaneous in com e..
Jan. 1 to Feb. 29 . <,937,307 7,165,560 2,043,844 2,282,581
25,197
49,891
116,110
142,333
9,490,581
9,809,912
Coast D ivision b.IT Feb.
767,775
837,087
T otal net in com e........
138,952
179,607
446,284
938,224 8,816,189 8,057,217
534,016
1,127,039
Soutb’nDivisionblTFeb.
47,413
27,070
153,127
143,555
Arizona D ivis’n.bTTFeb.
Surplus
or
deficit.
..
.d
f.2
89,952
d
f
.170,449
8ur.993,724sr.1373364
41,146
34,849
84,531
76,575
N ew M exico Div .bITFeb
3,534
2,156
57,128
56,869
Staten I. Rapid Tr. bITFeb.
5,775
8,994
112,267
112^259
AN N U AL R EPOR TS.
Jan. 1 to Feb. 2 9 ...
232,693
240,602
694,631
699,758
Ju ly 1 to Feb. 2 9 ...
def.
352
def.
106
1,058
1,241
Stony Clove&C.M. bITFeb.
Central Railroad of New Jersey.
def. 705
def. 657
2,165
2,348
Jan. 1 to Feb. 2 9 ...
3,369 def.5,909
( For the year ending Dec. 31,1891J
94,221
117,688
Summit B ranch...IfM ar.
SS.SöS11
40,174
299,980
313,862
Jan. 1 to Mar. 3 1 ...
The annual report of Mr. J. Rogers Maxwell, President, is
5,160 def.5,828
70,823
85,118
Lykens V alley. ..ITMar.
260 published at length on another page, together wi h the bal
24,300
209,395
232;767
Jan. 1 to Mar. 3 1 ...
8,529 def.11,737 ance sheet in detail. Mr. Maxwell’s report will be read with
165,044
202,806
T otal both Co’s.-ITMar.
33,812 even more attention than usual, owing to the great interest
64,494
509,373
546,629
Jan. 1 to Mar. 3 1 ..
56,300 attaching to all the companies belonging to the Philadelphia
49,100
Tenn. C oal& I’n Co.HMar.
132,200 & Reading group, and the inclination to study their past earn
150,600
Jan. 1 to Mar. 3 1 ...
1,560 ings and to learn everything about their status.
3,192
12,628
15,517
Tenn. M idland...biTFeb.
7,500
3,488
1 30,057
28,602
The comparative figures have been compiled for the
Jan. 1 to Feb. 2 9 ...
1,225
1,385
3,191
4,355
T ex. Sab.Y. & N. W .ffFeb.
1,632 C h r o n i c l e as fo l l o w s :
2,755
6,344
7,945
Jan. 1 to Feb. 2 9 ...
ROAD AND EQUIPMENT.
10,373
8,161
25,695
24,016
T oledo Col. & Cin.bTTFeb.
1889.
1890.
1891
23,096
14 509
48,756
46,704
Jan. 1 to Feb. 2 9 ...
652
660
66 2
78,683 Miles operated..................................
68,548
209,662
223,034
Ju ly 1 to Feb. 2 9 ...
391
403
403
32,830 L o co m o tiv e s .--.-.................
31,194
93,850
101,362
T oledo & O. C e n t...b F e b .
425
453
.
456
58,107
Passenger, mail aud express cars..
62,476
198,802
220,817
Jan. 1 to Feb. 2 9 ...
33,465
34,199
32,808
343.001 Freight, coal and all other cars*...
370,230
July 1 to Feb. 2 9 ... 1,061,416 1,039,120
21,080
24,881
74,332
83,326
Tol.Peoria& W est, bitFeb.
* Also owns 3 steamboats, 5 ferryboats, 5 tugs, 18 car floats, 1 steam
35,592
51,241
143,954
171,693
Jan. 1 to Feb. 2 9 ...
170.21.1 collier and 1 snow plow .
217,495
633,974
717,789
Ju ly 1 to Feb. 2 9 ...
OPERATIONS AND FISCAL RESULTS.
654
633
1,782
1,781
Tol. & So. H aven.-IT.Feb.
1889.
1890.
1891.
1,104
635
3,495
3,313
__ . 19. fids 149 13.716.832 1 4 ,>«37,506
Jan. 1 to Feb. 2 9 ...
5,361 Passengers carried « ¿ V m il e " - p 5 0 ,5 4 2 ,4 3 8 18 0,2-8,58 5 182,033,969
4,363
19,624
22,512
U lster &DelawarebH Feb.
9,494
5,116
39,289
42,592
Jan. 1 to Feb. 2 9 ...
102,927
95,803
257,259
271.205
July 1 to Feb. 2 9 ...
U nion P acific—
coal (tons!
654,865,379 688,193,670
189,693 Anthracite
144,511
544,641
453,457
A n th ra cite coal (tons) one
Oreg. S. L. <ftU. N .. F eb .
$
483,025
296,653
937.205 1,177,304
Jan. 1 to Feb. 29.
3,145,642
3,095,814
............................... 2,533.173
73,760 P a l s I n g T “
5,901
347,300
272,866
4,111,890
3,9 55,"10
Ore. R y. & N. C o ...F e b .
M
e
rX
n
d
rise
freig
h
t........................
3,365,946
229,950
3e,802
821,157
557,185
7,026,290
6,725.696
Jan. 1 to Feb. 29.
35,558 Anthracite coal............................... 7,i »7 «di
202,599
54,290
192,324
371,057
391,906
U n .P ao.D .& G u lf...F eb.
108,395
29,176
137,661
27,846
760,117
834,950
Jan. 1 to Feb. 29.
72’ ™ *
United States m ail..........................
59,638
48,175
6,652
42,277
52.808
93,975
M
iscellaneous
4U,a
°
St. Jos. & Gd. I s l .. .Feb.
78,454
80,^98
10,978 P ro.of local earns.N.Y.& L .B .R R .
84,229
102,650
190,588
............
Jan. 1 to Feb. 29.
880,724
533,764
14,126,563 14,653,687
A llo th e r lin e s.......Feb. 1,570,407 1,366,413
846,695
Jan. 1 to Feb. 2 9 .. 3,312,652 2,846,783 1,162,446
Operating
exp
nses—
686,386
2,745,368
780,743
2,656,203
Total Un. P a o .s y s .. Feb. 2,782,111 2,682,218
Conducting transportation.......... 2.483.022
2,410,396
2,253.247
Jan. 1 to Feb. 2 9 .. 5,832,580 5,708,011 1,717,791 1,679,043 M otive pow er. - ..................................
’
¿
«
h
»1
*
978,238
9>7,679
6,273 Maintenance of oars.....................
38,167
48,186
007019 1,155.948
- Cen.Br.& L e a s.L ... Feb.
96,047
1,206,114
def.5,898
93,585
92,900
Jan. 1 to Feb. 2 9 ..
211,548
Maintenance o f w a y .......................
294403
309,772
303,399
692,659
818,910
460,062
Total con trolled ...F eb . 2,878,159 2,730,404
420,224
1,673,146
General
expenses.............
374,072
1,811,377
5,800,911
416,219
Jan. 1 to Feb. 2 9 .. 6,044,128
401,576
N. Y. & LoDg Branch D iv is io n .........................
22,804
18,361
91,409
M ontana U nion___Feb.
91,603
34,286
8,526,168
34,600
8,161,276
176,016
Jan. 1 to Feb. 2 9 ..
182,823
T otal..............................................“ ,531,737
6,127,518
5.965,287
2,755 d e f.1,424 d ef. 1,078
2,204
L eav. Top. & S. W .. Feb.
Net earnings.............. —............. 5,965,657
def.
5,071
d
ef.
3,429
4,863
4,286
58*18
Jan. 1 to Feb. 2 9 ..
57*77
55*80
d ef.2 5 Per cent o f op. exp. to earnin gs..
def.991
3,074
2,705
Man. A lm a & Bur. .Feb.
INCOME ACCOUNT.
6,100 d ef. 1,501 d ef. 1,471
5,719
Jan. 1 to Feb. 2 9 ..
1891.
1890.
1889.
21,700
15,947
97,238
98,512
$
Total fitly ow n ed..F eb.
$
27,744
29,700
186,979
192,829
6,127,518
Jan. 1 to Feb. 29.
5,965.288
Netfearntn
g
s.
.
.
.
.
.
.
.
.
.
.
.
........
5
799
238
703,509
844,628
826,883
837,293
Grand to ta l........ Feb. 2,926,415 2,779.023
Income from investm ents....
7ay,¿¿a
52.648
322,753
Jan. 1 to Feb. 29 . 6,140,543 5,894,400 1, 826,212 1,687,018 Premium on bonds sold, «fee..
_
200;815
222,000
944,631
W a b a s h .b ...................Feb. 1,087,850
7,024,794
7,125,334
409,721
444,000
Total in com e.......................
6,764,896
Jan. 1 to Feb. 2 9 ... 2,216,010 1,939,483
Disbursements—
£ QnA
July 1 to Feb. 2 9 ... 10,123,280 8,923,859 2,644,969 2,427,772
1,897,770
1,819.815
10,921
25,420
84,719
Rentals
p
a
id
.............................
2
«2 8 632
W est Jersey &Brs. all F eb.
93,324
2,739,579
2,798,148
4,028 Interest on d eb t.......................
18,263
A o o i 71 q
177.808
Jan. 1 to Feb. 2 9 ...
177,193
1,455,430
1,117,092
28,872
30,593
6% p. 0.
6 p.
88,493
W .Va. Cent. & Pitts. TTM ar.
93,331
R it e of dividend.............................
P<?•c.
88,883
90,635
262,393
Jan. 1 to Mar. 31 . 256,359
6,092,779
5,735,055
65,659
74,337
243,175
Total
disbursem
ents.........
5,554,732
W est.N .Y .& P en.h— Feb. 266,449
149,879
932,015
139,863
533,750
1,390,279
Jan. 1 to Feb. 2 9 ...
516,053
Balance, s u r p lis ..............
1,210,164
767,571
794,133
July 1 to Feb. 2 9 ... 2,483,659 2,420,706
St. L.A.& T .H .bchs.b. Jan.
TTTT7.
! ,6 8 2
nTTDíiTVTíriTT?
GENERAL BALANCE AT CLOSE OP EACH FISCAL YEAR.
1890.
Aacets—
$
1891.
EqmiDmintUiIdinS8’ &° ................. 32,431,733 32,760,662 33,708,401
p W t a t e V & c : : : : : : : ; ; : : : .............. * 3 3 8 5 8 8 12,885,654 12,863,888
2,961,692
6,185,726
13,638,556
3,920,904
550,534
714,418
3,583,918
5 689,238
14,006,714
4,132,675
565,220
913,685
£ t o W / « i c s - t8............................... 70,467,249
S tock, com m on.............................
t o Q„ aa
18,629,200
c K m s ts ebt (do6
45>14;822 45,196,413
239,000
W ages, supplies and due other
’
22.412,000
45,177,822
103,000
Stocks owned, co st..................;
q 117’ 700
B oiids owned, c o s t................... i 3 6 l V 7 fin
Jolas and accounts receivable.......
S h o nonn Hand..........
a c A 1’ &° ........................
'Casn
............
T e m B y V o a n s / . V . ” V . ” V .V .V .V .
2 983 111
569,884
232,624
1,573,463
2 I0 0 0 0 0
■58g?JSSJS««*'X»........ j',i76:o'-9 fU S S
Construction and eq u ip m e n t....
.......
New Y ork office...................................II” ’ !!".*
_ ?|7,194
2.600^442
73,618,145
75,553,739
D etroit Lansing & Northern R ailroad.
('For the year ending December 31, 1891J
'The report says that in the early part of the year 1891 it
ixcam e necessary to add one hundred new freight cars to the
•-equipment of the road, and an agreement was made with a
large holder of the securities of the company to furnish these
cars at their cost of $42,500, upon these terms., viz.: 6 percent
per annum upon the cost of the cars to be paid by the railroad
company, and a sinking fund to be established for payment of
the principal, consisting of the ordinary mileage compensa
tion, with an agreement upon the part of the railroad coraÇbls pinking fund should be made sufficient to pay
'Oil the principal within five years. Later in the year there
were added two first-class passenger cars, two mail and bag? o ? e ? ar?’ ai?d one ba££age and express car, at a cost of $.22,1 'vr " , fundê for which were furnished by the company,
t i i 1f.erriam’ Secretary, says in his report: “ That our
¡stockholders may understand our financial condition, and the
rreasou w hy no dividends aie paid upon the preferred stock,
we would say that although our floating debt, due to advances
îP **v Gr<ihd Rapids Lansing & Detroit Railroad Company,
lias been materially reduced, yet, omitting from our assets the
£ ° “ £ wln s investments which at present are not available,
2,241 shares Sagmaw Valley RR. Co. stock, $6,973; 280 shares
Grand Rapids Lansmg & Detroit RR. Co. stock, $28,000; debt
the Sagmaw Valley & St. Louis RR. Co., $90,463;
od36, ° ? r flo.ating d.ebt January 1,1892, still amount^6(1 to $48,338; acd until that is fully discharged it would not
'geem wise to resume dividends.
It will be noticed from this
statement, as compared with previous reports, that from year
to year we are reducing the floating debt, and by the end of
this year should have it entirely discharged.”
_ The Saginaw Valley & St. Louis Railroad is operated by the
Détroit Lansing & Northern, and a separate account kept of
its earnings. The D. L. & N. has to provide for any failure to
‘f aaa thm lateT® uP0n the S. V . & St. L. bonded debt to May 1,
0900. This deficit to January 1, 1891, amounted to $93,922;
■deficit for the year ending December 31, 1891, $19,149; making
a deficit to Jan. 1, 1892, of $113,072.
An. increased expenditure upon this property as compared
'with last year, due mainly to cost of 400 tons steel rail (none
being laid in 1890) and a loss in gross earnings of $10,110, re
su lted in the deficit of $19,149, as above stated.
Earnings and income for four years, compiled for the
C h r o n i c l e , were as follows :
F IS C A L RESU LTS.
1889.
1890.
324
$
474,225
679,979
65,459
1891.
324
$
527,983
660,270
65,847
.1,041,800
. 720,630
1,131,986
806,924
1,219,663
826,866
1,254,100
878,653
325,062
71-28
392,797
67-79
375,447
70-06
1889.
$
325,062
1890.
$
392,797
375,447
331,774
318,633
316,587
CO
to
57,626
1889.
324
$
461,652
604,887
65,447
»
.
321,170
69-17
INCOME ACCOUNT.
Disbursemen ts-
.
.)
1888.
$
321,170
87,850
T otal disbursem ents . 398,396
-def.77,226
1891.
•$
331,774
318,633
316,587
def.6,712 sur.74,164 sur.58,860
( F or the year ending Dee. 31, 1891. J
1891.
$590,241
284,561
$305,680
M xed ch a rg es........................................
,
1,210, ¡6 4
Earnings—
No annual report is published, but the following figures are
from official sources. The earnings and charges for two years
have been as follows :]
1,313,321
Total lia b ilities........................ 70,467,249
M iles o f road operated.
W m stonad 13 DOW 148 milPS l0Dg’ between Springfield and
'1890.
73,618,145 75,553,739
Gross earnings...................
« ’¡v P / qaa
Operating expen ses................... .V".*.".‘.V” .V 272,174
965,538
1,451,123
598,477
3,532,457
P ro fit and l o s s ....... .......................
A resolution was adopted by the new board setting forth
F
^ ie distinguished services of Messrs.
A ^ d Sully, J. RogersjjMaxwellfand Henry Graves in buildm g up the Ohio Southern property.
a i f1
T o ta l...............................
Surplus..................................
D istillin g
&
$226,800
o .* io
823
$226,800
18,673
17,731
734
..........................$249,647
.......................... $32,569
$263,938
$41,742
Cattle Feeding Company,
(F o r the year ending March 31, 1892.^/
J w ^ i Si<^e/Si S ■¡•ePort
tb*3 company, commonly known as
the Whiskey Trust, states that the most important step taken
of t ^ H ° c a r i y
in the year was the purchase
of the H . H . Shufeldt & Co. distillery and rectifying estabM
H
h - distl] lery
of the Calumet Distffiing
Co., ail situated in and near the city of Chicago. In payment
34
propeJt1®8 *he directors concluded best tone'll the
34,984 shares of the treasury stock at $45 per share, being the
highest market price obtainable at that time. The directors
feel assured that this company was greatly benefitted, and has
S T u r “
anfUllValUe f0F thS OU' lay o c c a s i o n
regretful feature m ay be indirectly ascribed to
? 2 n 311° n of these properties, v iz.: That shortly after
S M r * y 9a? e m} ° P°3se3S1on of the same, some of our
stockholders, under the impression that our position was then
Hr?Lght undue pressure to bear on the directors“
which caused the company to maintain, for some time, a conAhlghr rf price- for its products than either business
prudence or safety against competition would justify. This
influence was supplemented by circulating exaggerated rep o r tso fth e earnings of the company, for the evident purpose
piic,e P? ° ^ r stoc k ; and as a consequence,
this agitation brought about internal dissensions among stock
holders. and newspaper accusations, which culminated in a
special meeting of our board in Chicago on Feb. 3, 1892.” * *
‘ While it has been necessary, on account of our past indis
cretion, to run our business for some time on a smaller mar
gin of profat than would ordinarily have been required such
conservative policy, however, will win in the end, and our
competitors, or those contemplating to become such, must
realize and understand that this company is in the field to
M
U
ifc
protect its trade at all hazards, even
should it become necessary for an indefinite period to put the
prices of our product on such low basis as to earn little or no
profits, and irrespective of the results such course m ay pro
duce m the direction of paying dividends on our stock.” * *
• “ The Government has instituted a suit against this company
m the United States Court at Boston, under the Sherman
Anti-Trust law, causing the indictment of all the officers and
directors. W e are advised, however, by the best legal talent
we have been able to employ that this suit cannot be main
tained by the Government, as neither our organization nor the
manner of conducting our business is antagonistic to or comes
m conflict with said law, or any other law of the land.”
The following is a comparative statement of sales of the
company s product, covering the last four fiscal years, viz. :
Sales
Sales
Sales
Sales
for
for
fo r
fo r
fiscal
fiscal
fiscal
fiscal
year
year
year
year
ending
ending
ending
ending
M arch
March
M arch
M arch
31,
31,
31,
31,
1889 . . .
35 S f-P ill*
1890 . ................... 40*832*220
1891
44*738*171
1892."'.'.'.” I " '. '. i ” ;4 5 )6 6 l’ 717
“ The increase in sales for the past year is not so marked as
the steady growth for the three previous years, which is
chiefly accounted for by the fact that the over-production in
Kentucky whiskies the past two years had the effect of forcing
a large amount of such whiskies on the market during the
past twelve months,” * * | and also to the fact that the
prices of this company’s products were kept too high part of
the year, which enabled outside competitors during such time
to undersell us without loss.” * * “ In the organization of
the American Distributing Company, which was effected last
November, covering the distributing business in the Eastern
territory, this company will be benefitted in the marketing of
its products.”
A summary of the company’s financial statement for the
fiscal year ending March 31, 1892, shows as follows :
Cash and cash assets April 1 ,1 8 9 1 ...................... .................... $2 069 079
„ The annual meeting of this company was held in Spring Earnings from operating plants fo r the fiscal year"endinir ’
’
held, O ., and the following board of directors was elected :
M arch 3 1 ,1 8 9 2 ..............................................................
s 2 466 086
Earnings
from
contracts............
..................................................
’13
7*415
George W . Saul, C. W . Fairbanks, Rush C. Hawkins, J. Lee
E arnin gsfrom rentals.............................................. . I " .. ........
5 577
Humfreyille, S. Beymer, W . M. Barnes, F. A . Barnaby, H
Earnings from in terest........................... .................l*****V>B B pi
50 668
B . Morehead, George H . Frey, H . L. Chapman, John Carlisle
Total receipts.....................................................................
$4,728,827
Judson Harmon, Joseph R. Megrue. The old directors re Dividends paid during fiscal ending M arch 31, 1 8 9 2 ..
$1 890 698
elected are Messrs. C. W . Fairbanks, Rush C. Hawkins, J
Expenses p aid ...............................................................
*'*
*442*306
Lee H um frenUe and H . L. Chapman. The board organized Cash and cash assets on h an d A p ril 1 ,1 8 9 2 .1 . " i l l . . " " ” .* 2 395*822
bJ * be election of Mr. George W . Saul as President, Mr. A l
T ota l......................................................................................
$4,728,827
*9 395 §22
fred Sully having declined a re-election to that office, although Cash and cash assets A pril 1, 1892.......................
Cash
and
cash
assets
A
pril
1,
1
8
91...................
2
06
o’079
m s interests in the corporation are still represented in the new
Surplus earnings fo r the year, after paying dividends and
e x p e n s e s ..............................................................
1----- *
326,743
A pril 23, 1892.]
THE
CH RO N ICLE
The rebates held for the trade are kept as a separate fund
and do not enter into any part of the foregoing financial
statement.
G EN ERAL IN V E S T M E N T N E W S .
B altim ore & Ohio.— The directors of the Baltimore & Ohio
Railroad Company at their meetiag in Baltimore declared a
quarterly dividend of
per cent on the common stock. The
following resolution declaring the dividend was adopted :
“ That a dividend o f 1 ^ per cent he declared on the stock o f the Main
Stem fo r the three m onths ended 31st Decem ber, 1891, payable on and
after the 17th May proxim o, at the Treasurer’ s office, Baltim ore, to the
stockholders o f record at the closing o f the transfer books, and that the
discharge books in Baltimore and New Y ork be closed at 3 P. M. on the
25th A pril and the transfer books at 3 P. M. on the 26th April, both to
rem ain closed until 10 A. M. on M ayl4, 1892. A ll discharged stock
m ust be presented fo r registration in Baltimore or New York before 3
P. M. on A pril 2 6 ,1 8 9 2 .”
A dividend of 5 per cent was also declared on the stock of
the Washington Branch Railroad for the half-year ended
March 31, 1892, payable at the Treasurer’s office in Baltimore
on and after May 2.
,
The Baltimore Sun says: “ It was announced m January
that the President and director* of the Baltimore & Ohio Rail
road Company, with the view of meeting the requirements of
the Inter-State Commerce Law, resolved to make their fiscal
year end on June 30 instead of September 30. A s the last re
port of the company covered the fiscal year ended September
30, 1891, the next report of the company will be for the nine
months ending June 30, 1892, and thereafter the company’s
annual reports will be for the twelve months ending June 30,
and submitted as heretofore at the annual meeting of the
stockholders in November. The dividend of one and onequarter per cent declared on the common stock for the quarter
ended December 81, 1891, enables the company, in respect to
its dividends, to conform to the new fiscal year. It is under
stood that the dividends on the common stock of the company
will be declared and paid hereafter the same as heretofore,
namely, declared in October and paid in November on the
business for the six months ending June 30, and declared in
April and paid in May on the business for the six months end
ing December 31.”
Called Bonds.— The following bonds have been called for
paym en t:
L o u i s v i l l e & N a s h v i l l e RR. Co.— One hundred and
eighty-three general mortgage bonds have been called for
payment June 1, 1892. The numbers, &c., will be found in
our advertising columns.
L e h ig h & W i l k e s b a r r e C o a l C o.— One hundred and
twenty-nine sterling mortgage bonds have been called for
payment May 1 in New York and London. Full particulars
as to places of payment and the numbers drawn are given in
our advertising columns,
S t . P a u l M i n n e a p o l i s & M a n i t o b a .— The twelfth and
thirteenth drawings of the 1st mortgage sinking fund 7 per
cent land grant bonds have been made, and the numbers of
bonds drawn and other information will be found in our
advertising columns. In view of the large sales of lands and
the consequent resulting calls for these bonds, the company
offers to exchange them for the consolidated 4 ^ per cent gold
bonds. The terms of exchange will also be found in our ad
vertising columns.
Charleston Cincinnati & Chicago.—A majority of the
first mortgage bonds and the capital stock of the Charleston
Cincinnati & Chicago Railroad Company having been de
posited under the trust agreement and plan of reorganization
of June 18, 1891, notice is given to holders of bonds and stock
of said company not yet deposited that the 30th inst. has been
fixed as the last day upon which bonds and stock will be re
ceived for deposit.
General Electric Company.— Gov. Flower, at Albany, filed
the following memorandum with his approval of Senate bill
No. 634, entitled “ A n act to incorporate the General Electric
Company:”
T he approval o f this hill m ust n o t be considered as establishing a
precedent fo r future legislation o f this character. The measure is ap
proved because it is claim ed that its objects w ill keep within the State
a corporation w h ich professes to be ready to invest a large amount of
capital, and w hich, w ithout the concessions allow ed b y its proposed
charter, w ould be incorporated under the law s o f New Jersey. The
reduction o f ta x for incorporation from one-eighth o f 1 per cent upon
capital stock to one-twentieth o f 1 per cent is to m ake the ta x uniform
w ith that required by the law o f New Jersey, so fa r as this corporation
is affected.
The other concessions in the bill are m ainly suoh as have_ already
been incorporated in the am endments to the stock coporation law s
w hich are now pending in the Legislature, and w hich seem likely to be
passed before the close o f the session. These indicate a grow ing senti
m ent in fa vor o f less severe restrictions in our corporation laws, to the
end that the investm ent o f capital may be encouraged within the
State. This is in line with the recom m endations o f m y annual m es
sage, and reveals a tendency which, in m y judgm ent, is wise, and Mill
result beneficially to industrial and com m ercial interests.
Boston advices say that now that the General Electric Co.
has become a fixed fact by the signing of the bill by Governor
Flower granting its charter, the General Electric Company
will shortly issue $4,000,000 30-year 5 per cent gold bonds to
retire the floating debts of both the Edison and the ThomsonHouston companies. The bonds will be offered to the stock
holders of the General Electric Co. at 95 and will be converti
ble into General Electric stock at 120.
Macon & A tla n tic.— This road is advertised for sale in connection»with the property of the Macon & Savannah Con
683
struction Company at Macon on May 12. No sale will b&
made unless the amount bid shall aggregate for the whole
property $500,000.
Macon & B irm ingham .— The New York Security & Trust
Co., the trustee for the mortgage, has instituted foreclosure
proceedings. The road is in operation from M icon to *La
Grange, Ga., 97 miles, on which bonds have been issued at
the rate of $20,000 a mile. It is one of the road3 projected by
the Macon Construction Co., which want i i;areceiver’s hand3
in March 1891.
M obile & Ohio.— The questions at issue between the mana
gers of this company and some of it3 stockholders are ques
tions of law, and will in due time be settled by the courts.
The President, Mr. J. C. Clarke, in a circular to the stock and
bond holders concerning the suits in the Chancery Court of
Alabama against the company and the trustees of the deben
tures, states some matters of fact as fo llow s:
The issue* o f debentures under the agreem ent o f Ootober 1st, 13 76,
w hich was consumm ated in 1879. consist o f first, second, third an d
fourth series, am ounting in the aggregate t o ........................... $3,650 ,000
Of which there are now in the sinking fu n d ............................. 1,335,500
$7,314,500
The debentures n ot in possession o f the Farm ers’ L oan &
$6 4,10 0
Trust Company am ount t o ................................................
The debenture* transferred into the name o f and held b y
the Farmers’ L oan A Trust Company fo r the benefit
and seourity o f the fou r per cent general m ortgage
bonds am ount t o :
First series............................................................... ................. *...... $3,964,500
Secend series..................................................................................... 1,799,400
59 2,50 0
Third series............................................................... - .................. .
8 9 4,00 0
F ourth series.............................- ......................................................
Total
,$7,250,400
$7,314,500
“ Thus it will be seen that it is not the $84,100 of debentures
which have not as yet been deposited with the Farmers’ Loan
and Trust Company that prevents the present holders of the
assented stock certificates from voting at stockholders’ meet
ings, but it is the sum of $7,314,500, which must be paid, ac
cording to the provision of the sinking fund created for their
redemption, before the debenture deed of trust can be can
celed, and before the assented stockholders can take_ the vot
ing power of the assented stock out of the hands of the Farm
ers’ Loan and Trust Company.”
*
*
*
•
“ In May, 1888- a t a stockholders’ meeting, duly advertised
and called for that purpose— all of the assented stock and part
of the non-assented stock, and without objection from any
quarter, ratified, confirmed and approved the agreement o f
March 1,1888, the creation of the 4 per cent general mortgage
and the issuance of bonds thereunder, with a provision in said
mortgage that the debentures surrendered m exchange for
general mortgage bonds were not to be canceled, but were t o
be transferred into the name of the Farmers’ Loan & TrustCompany, and kept alive and unimpaired for the benefit and
security of the general mortgage bonds; and upon this expresscondition has the surrender and transfer of debentures in ex
change for general mortgage bonds been made to the amount
of $7,949,600, reduced by the operation of the sinking tund t o
$7,314,500, now held as hereinbefore stated.
“ W ith an authorized capital of $10,000,000, the total amount
of stock issued by the Mobile & Ohio Railroad Company up to
the closing of books on January 27, 1892, was represented b y
76,800 snares standing upon the stock ledger of the company
in the city of Mobile, as follows:
“ 9.3 504 aLorPs in thA nam e nf the President, in trust for the
benefit of the railroad company.
“ 4,120 shares in the name of 1,037 shareholders.
“ 49,086 shares in the name of the Farmers’ Loan & Trust.
Company, attorney in fact.” * * * *
New T o r t Ontario & W estern.— A t a special meeting o f
the stockholders of the New York Ontario & Western Railway
Company on the 20th inst. the recommendation of the board
contained in a circular to the stockholders under date of March
9 to sanction the issue of a general mortgage for $20,000,000
was approved. Out of a possible vote of 600,000 shares there
were 436,895 shares in favor and only 100 shares in opposition.
The new bonds are for 100 years and carry four per cent.
,“ The $4,000,000 sixes now outstanding can^be retired by th e
payment of $4,400,000, and $5,500,000 of the new bonds would
be devoted to this purpose, reducing the annual interest charge
by $20,000. The five per cent mortgage maturing in 1899 is
outstanding to the extent of $5,600,000, and an amount of th e
four per cents requiring the same annual charge for interest
would be set apart to insure the retirement of the fives when
ever it may prove expedient; $7,000,000 of the fours accord
ingly will be retained for this purpose, the result being that
$7,500,000 of the general four per cents will remain in the
treasury, available for present or future requirements o f the
corporation.” ,* * * “ The present needs of the company for
new capital are inconsiderable, comprised chiefly in a modest
addition to its cars and locomotives, the construction of docks
and coal trestles at Cornwall similar to those which the com,pany already has at Weehawken, and some portion of capital
to be available in assisting development of collieries tributary
to the company, largely secured by mortgages or otherwise
upon the properties. It is in contemplation to issue within
the year not exceeding $1,000,000 of the new fours, to be used
from time to time to provide means for the above and sim ilar
purposes, which will entail an additional charge of only
$20,000 per annum, after making allowances for the saving
above shown in the interest on the first mortgage sixes.”
THE
684
CHKONICLE.
Richm ond & W est P o in t T erm in al— I b e securities have
continued to come in freely under the reorganization plan,
and the last statement of amounts deposited, issued on the
19th, showed the following :
B IC H M O N D
T E B M IN J I/.
■Common stock ..................................................................................$56,337,500
Preferred sto ck .......................
3,471.600
S ix per cent collateral trust bonds .........................................
1 ,766,000
F ive per cent gold collateral trust b on d s...............................
7 ,495,000
T otal Term iual Securities...............................................
EAST TENNESSEE VIRGINIA & GEORGIA.
Com m on stock......................................................................... .
S econd preferred.......................................................... - .........
F irst p referred........................................................................
Other stock s............................................................................
UNDERLYING BONDS.
E ast Tennessee 8 ystem .............. ..........................................
B ichm ond & Danville R .R ....................................................
V irginia M idland................................................................
G eorgia Pacific ......................................................................
Do
In com es........................................................
W estern North Carolina........................................................
Columbia & G reenville.......................................................jSp
V arious branch road s...........................................................
$69,070,100
$10,456,500
5,089,600
638.000
1,235,000
435.000
429.000
182.000
472.500
238.500
55.000
55.000
76,500
T ota l deposits.......................................................................... $88,432,700
The time for the deposit of all terminal securities and all
classes of stocks is extended until and including Monday, May
3, 1893. The time for the deposit of all underlying bonds is
extended until and including Friday, May 6, 1893.
St. P au l Minneapolis & Manitoba— Great Northern.—
The 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 consolidated
4 ^ per cent gold bonds, which run to July 1, 1933. The com
pany will pay on first mortgage bonds so exchanged a pre
mium of 5 per cent in cash— the premium at which they may
be redeemed under the mortgage. Holders desiring to make
this exchange will present their bonds in sums of $1,000 and
multiples thereof at the company’s office in this city. This
offer will remain open till Jan. 1, 1893. In the advertising
columns of this issue are given the numbers of 634 of the firsts
drawn for payment on May 1st and 433 more drawn for pay
ment on July 1st. The large sales of lands are making more
frequent the drawings for the cancellation of bonds under
this mortgage.
Savannah Am ericas & Montgomery— On the 31st instant
there was a celebration at Montgomery, A la., over the final
completion of this railroad into the city. Business men took
a lively interest, and speeches were made by the Governor of
the State and by other prominent parties. The road was com
pleted last December, but owing to floods afterward and the
delays occasioned by winter, it has only recently been fully
prepared for business. The company has fine terminals in
Montgomery, said to be the best in that city. Harmonious
relations with the Central Railroad of Georgia have lately
been resumed, and traffic to Savannah is again established.
This railroad has a good lumber traffic in Southern pine
shipped to the Northwest, and delivers its freight to other
roads in Montgomery.
Tennessee M idland.— Notice is given that a meeting of the
stockholders of the Tennessee Midland Railway (recently pur
chased by the the Paducah Tennessee & Alabama) will
be held on May 6 at the office of the company in Memphis,
Tenn., for the purpose of considering and acting upon a
proposition to authorize the cancellation of all outstanding
mortgage bonds of the company, and the mortgages securing
the same, and to authorize the issue in lieu thereof of first
mortgage five per cent coupon bonds at the rate of $11,000 per
mile of main line of road, now completed, and second mort
gage five per cent coupon bonds at the rate of $9,000 per mile
of main line of road now completed, and to authorize the ex
ecution of a mortgage or mortgages securing the same, and
also for considering and acting upon any other business that
may legally come before the meeting.
Y o Jj.
R e p o r t s
¡m c i
LTV.
g o c ttm e w ts .
CENTRAL RAILROAD CO. OF NEW JERSEY.
REPORT FOR TH E Y E A R EN D IN G DEC. 31ST, 1891.
N e w Y o r k , February 5th, 1893.
To the Stockholders o f the Central R R . Co. o f New Jersey :
The Board of Directors submit the following report for the
year ending December 31st, 1891, together with statistical
tables and other information respecting the financial and
physical condition of the Company and its property.
The net surplus revenues of the Company over all operating
expenses, taxes, extraordinary repairs and fixed charges dur
ing the year amounted to $3,387,445 33, as against $3,507,370 13 for 1890, which, however, included $333,753 70 for
receipts from business of previous years, premiums on bonds
sold, adjustment of old claims, etc., while similar items for
1891 amounted to but $53,648 38. Excluding these miscellane
ous items, the revenue from operations and investments for
-1891 exceeds that of the preceding year $150,179 53.
A s in 1890, there is included in the revenue account as In
come from Investments $438,130 for coupons that matured
on Lehigh & Wilkesbarre Coal Company’s 7 per cent Consoli
dated Mortgage Bonds owned by the Company, payment of
which coupons has been deferred, but which constitute an in
vestment in the “ securities of other companies,” secured by
said Mortgage, and repayable hereafter out of the net income
of the Coal Company.
Dividends have been oharged againt the business of the year
at the rate of six per cent per annum for the quarter ending
March 31st and at seven per cent for the quarters ending
June, September and December.
SUMMARY OF EARNINGS AND EXPENSES.
(Including New Y ork & Long Bran oh Division.)
Gross Earnings..................................................................... $14,653,686 80
Operating Expenses and T a x es............................................. 8,526,168 27
Net Earnings...................................................................... $6,127,518 53
Income from Investments:
Revenue from Stocks, Bonds and Real
E state............................................ ..........
Interest on Lehigh & W ilkesbarre Coal
Co. 7 per cent Consolidated M ortgage
B o n d s.......................................... ...........
$416,508 03
428,120 00
844,628 03
Other Income:
Interest on Stock Subscriptions and
m iscellaneous receipts,less bad debts
charged oif, & c . . . . . ...............................
52,648 28
$7,024,794 84
Fixed Charges.
Interest on bonded and other d ebt.........$2,739,579 11
P roportion o f earnings due fo r rentals
under leases o f the Lehigh & Susque
hanna R ailroad and other lin es............ 1,897,770 50
Surplus for the y e a r.............................
D
4,637,349 61
$2,387,445 23
iv id e n d s .
Against the surplus there is chargeable
fo r dividends one and one-half ( l ^ )
per cent on the Capital Stock declared
fo r the quarter ending with M arch,and
one and three-quarters (1%) per cent
each for the quarters ending June,
September and D ecem ber.....................
4
Balance oredited to Profit and Loss A c c o u n t ...........
1,455,430 50
$932,014 73
PASSENGER TRAFFIC.
The passenger traffic shows an increase in receipts of $49,838 54, notwithstanding the temporary loss of certain items of
summer business which contribute largely to the passenger
revenues.
— The first mortgage thirty-year 5 per cent gold bonds of the
Roanoke & Southern Railway Company, principal and interest
M ERCHANDISE FREIG H T.
guaranteed by the Norfolk & Western Railroad Company, are
There was an increase in receipts from the transportation of
offered at 97)*£ and accrued interest by the Mercantile Trust merchandise freight of $156,179 59.
& Deposit Co. of Baltimore. The total amount of the mort
AN THRACITE COAL.
gage is $3,041,000. A portion of the issue has been disposed
The receipts from transportation of anthracite coal exceeded
o f to a syndicate and the remaining $1,000,000 are offered to
the public. The announcement in another column gives par those of the previous year by $300,593 83.
ticulars concerning this loan, and states that the cost of the
SU M M ARY OF TRAFFIC.
road exceeds its mortgage indebtedness some $400,000.
The gross earnings from traffic of all kinds exceeded by
— The Columbia National Bank of Tacoma, Washington, $537,133 44 those of the preceding year, and were the largest
which was organized with a small capital in order to handle in the history of the Company.
the profitable business presented, w ill increase its capital to
OPERATING EXPENSES.
$500,000, and offers a portion of the increase to investors at
Operating expenses, including taxes, for the year show an
103 per share, book value. Funds may be sent direct to the
bank and stock certificates will be forwarded at once. For increase of $364,893 74. The charges to this account include
statements, list of stockholders and further particulars ad expenditures for renewal of bridges and extraordinary repairs
dress Henry Oliver, President, as per advertisement in another to the property, as follows :
column.
Bridges New Jersey Central D iv ision .......... ............................. $78,111 95
** Freehold and A tlantic Highlands D iv is io n .............
5,117 91
— The card of the Minneapolis Trust Company appears in the
“
High Bridge B ranch .....................................................
14,907 36
C h r o n i c l e . It will be noticed that the directors are among
«
Lehigh & Susquehannah D ivision................................
1,199 39
the most prominent men in Minneapolis. The company makes Other con stru ctio n ..................................................................... . 52,424 87
11,730 25
Gas equipm ent fo r passenger coaches ....................................
a feature of negotiating real estate loans.
— The Comptroller of the city of Brooklyn invites pro
$163,491 73
INTEREST AND RENTALS.
posals until 37th inst. for $1,040,000
per cent New York
The interest on bonded and other debt for 1891 shows a
& Brooklyn Bridge bonds. These bonds are exempt from
decrease of $58,569 f 3 from the charges for 1890, while the
taxation. See advertisement in State and City Department.
TH E
A p r i l 28, 1892.j
685
CHRONICLE.
rental charges under leases increased with the traffic $77,955 21, a net increase of $19,885 88. There is included in the
interest charges $84,898 61 for interest on temporary loans
that were paid off early in the ye&r, and which does not now
constitute a charge against the earnings.
The details of charges for interest and rentals that accrued
during the year will be found in the report of the Controller
appended hereto, as also the general balance sheet of the
Company.
R A ILR O A D S AND APPURTENANCES.
Additional Property.
The expenditures for new property, charged to construction
during the year in excess of credits to that account, result in
a net increase of $408,711 04.
N ew Tracks and E xten sion s.....................- .................... .........
F ourth T ra ck ..................................................................................
Sidings and C onn ections..» .............................................. .—
Y ards, Retaining Walls, etc........................................................
Land Purchases and Right o f W ay...........................................
Stations, Freight Houses, Sheds, e tc .......................................
$26,237 67
29, 1 0 ) 3 «
SS
“ ' 95 f f
104,9ob 14
b 7 'J o t o t
Signals and interlocking A pparatus.....................................Coal T restles. . . . . ............................................................... ...........
Engine Houses and Turn Tables................................................
Tracks at Jersey City T erm in a l.................................. '....... - - •
Track Scales..................................................................................
Gas and Oil H o u se s................. .............. . .................................
Bulkheads on Sea Shore ..............................................................
W ater Stations, Wells* Tanks, e t c ....... ....................................
L ow ering Streets at Elizabeth.............................................. .
M iscellaneou s................... . . . — - - •.............. - ........- ................
5,365 75
22,109 40
b,09D 01
JJ, /4 0 90
2,200 /b
„0 non 59
^2,980 bo
*>90i s o
,
1,0 1 / 00
perm anent provision fo r these outlays, it has been determined b y your
D irectors to avail o f their authority to increase the Capital Stock, in
stead o f using any portion o f the $6,404,900 General M ortgage Bonds
reserved in the Treasury.
Stockholders o f record at the close o f business Monday, June 8 ,1 8 9 1 ,
w ill be entitled to subscribe on or before 3 P. M. Mouday, June 15,
1891, fo r new stock at par to the extent o f 20 per cent o f their re
corded ownership, being at the rate o f tw enty new shares at $100 per
share fo r each one hundred old shares.
As this stock w ill be entitled to the quarterly dividend payable Aug,
1, interest at 6 per cent will be charged from May 1.
Subscriptions will be payable as fo llo w s :
25 per cent on June 15th, with interest from May 1st, equal to $100 7 5
for each full share o f new stock.
25 per cent on July 1st, w ith interest from May 1st, equal to $101 00
fo r each fu ll share o f new stock.
25 per cent on July 15th, with interest from May 1st, equal to $101 25
fo r each full share o f new stock.
25 per cent on Aug. 1st, with interest from May 1st, equal to $101 50
fo r each full share o f new stock.
Subscribers m ay anticipate any or all instalm ents upon giving one
day’ s notice to the Treasurer. Temporary negotiable Certificates w in
be issued fo r payments made.
Certificates o f Stock will be ready for delivery m exchange fo r fallpaid Subscription Certificates on and after Monday, July 6th, 1891.
A form o f subscription will be sent each stockholder o f record, June
8tT h erigh t to subscribe m ay be assigned upon form s obtainable at the
office o f the Treasurer.
,
■, ,
Transfer books will be closed on Monday, June 8th, at 3 P. M., and
re-opened on Tuesday, June 16th.
B y Order o f the Board o f Directors,
J. R ogers M a x w e l l , President.
FUNDED DEBT.
The total outstanding funded indebtedness of the Company
(including the last payment of $103,000 due April 1st, 1892,
$4 15,9 517 2
under Car Trust obligations) is now $45,280,822 11, a decrease
DcdUCt~“
lOO/ifiCQ
Land Sold at Jersey C i t y ...........................................................
i z , z 4u t>« of $154,591 36 since the last report.
The payment during the year of $7,000 of 7 per cent First
. $4 03 ,7 1 1 0 4
Mortgage Bonds and $136,000 Car Trust Bonds, together with
the conversion into stock of. $55,000 .Debenture Bonds, for all
The total additions to this account, as compared with that of which 5 per cent bonds had been reserved, has increased the
of last year, amount to $947,739 28. The difference between available balance of General Mortgage 5 Per Cent Bonds in the
this amount and the above-recited additions to the property is treasury from $6,253,900 on January 1st, 1891, to $6,451,900
the result of transferring from Stock and Loan Accounts ex on January 1st, 3892. ’ </ A
penditures on account of proprietary companies for Land and
The difference between the aggregate amounts paid and
Construction in preceding years the sum of $544,028 24.
converted ($198,000) and the reduction in the debt ($154,591 36)
represents an increase of $50,000 in real estate mortgages as
Mileage.
sumed, less $6,591 36 paid during the year.
The mileage operated by the Company has not materially
O f the $50,000,000 General Mortgage 5 Per Cent Bonds,
increased since the last report.
there have been issued (including both registered and coupon
The statement of the miles of road, single tracks, miles of bonds) $34,960,000, leaving a balance of $15,040,000 unissued ;
steel and iron rails, in detail, is appended hereto.
of this amount, bonds are held by the Trustee to cover the
R E A L ESTATE AN D OTHER PROPERTY.
follow ing:
„ $ ¿ ’9 9 ?
The changes during the year in this account have resulted First M ortgage Bonds, 1890, m atured......................................
Coal & Navigation Bonds, 1897....................................
2,310,000
in an increase of $622,225 71, of which $514,521 77 was ex Lehigb
Consolidated M ortgage Bonds, 1899. . ...................................... 3,836,000
pended upon the completion of the 44Central Building ” in Long Branch & Sea Shore Bonds, 1 8 9 9 ...................................
197,000
411,000
New York. The other charges to this account represent ex New Jersey Southern Bonds, 1899.............................................
penditures in connection with the traffic requirements of the Bonds (under Consolidated M ortgage), 1 9 02.......................... 1,167,000
Debenture Bonds, lt>08.....................................................- ..........
5^0,000
Company.
Car Trust Obligations, 1892 — -................. ...............................
103,000
e q u ip m e n t .
The adjustment of the Equipment account from month to
month has been continued. The value of Equipment de
stroyed or sold during the year amounted to $220,963 65, which
exceeded the cost of new equipment by $37,088 47.
The new equipment consists of—
8 New Locom otives ...................................................................
155 New Freight Cars............................................................. .
36 New Freight Oars and 5 Baggage Cars'(built b y Comp’y).
M iscellaneous P rop erty............................................ - .................
/ ¿,uuy oo
23,150 71
10,712 19
$183,925 18
The Equipment account was farther increased by exchanges
and transfer of rolling stock from constituent companies,
which, less adjustment of valuations, add $15,272 36 to the
cost of new equipment, making a net decrease in the Equip
ment acconnts since 1890 of $21,766 11.
SECURITIES OWNED.
The investment in stocks held by the Company has been re
duced on the balance sheet by the transfer to Property account
of the Company’s interests in auxiliary companies to the
amount of $570,419 36. The additions to this account during
the year, less charges against same, were $73,931 25, making
a net reduction of $496,488 11.
Investment in bonds of other companies owned has been in
creased mainly by charging to this account the couponsof the
Lehigh & Wilkesbarre Coal Company’s Consolidated Bonds
that matured during the year, the payment of which has been
deferred.
C A PIT A L STOCK.
Of the $30,000,000 authorized capital, stock of the Company,
there is now outstanding $22,412,000, an increase during the
past year of $3,782,800. O f thi3 amount, $55,000 was issued
through conversion of Convertible Debenture Bonds and
$3,727,800 in pursuance of the following circular :
•
C e n tr a l R a il r o a d C o m p a n y op N e w J e r s e y , 0
CENTRAL BUILDING, 143 LIBERTY STREET,
>
N e w Y o r k , June 2, 1891. 1
To the Stockholders o f The Central P ailroad Company o f New J ersey .
There has been expended daring the past three j ears upon term inal
and other stations, office building, new equipm ent, third ana lourtn
tracks, and fo r bonds and stock in leased lines and connections, ana
other addidons to your property, as stated in the several
reports, the sum o f ...................................................... ........... Vi
o f w h i c h ........................... . . . . ........... ...................................
5,358,56618
has been provided by surplus earnings in excess o f dividends paid, leaving a requirem ent o f .............................. $3 A 14.S99 /y
in addition to the am ount needed during the present year to com plete
the office building, new stations and equipment. In order to m ake
Adjustm ent Bonds, 1903, called fo r p ay m en t........................
10)9 ? 2
South B ranch R. R . Stock called fo r paym ent........................ ........
100
Total reserved........................: * ................................ - ........$ ! ’ ? - ? ’ 19 9
Balance available fo r other purposes............ .............. — . . . . b,4 oi,90O
$15,040,000
O TH ER
INDEBTEDNESS.
The Company has no floating debt other than the liabilities
for wages, supplies, accrued interest and other similar items
inseparable from the current business, aggregating in the
balance sheet $3,729,981 93.
These liabilities are offset and
provided for by cash, supplies, bills receivable, & c., aggregat
ing $5,611,579 90.
B y order of the Board,
J. ROGERS M A X W E L L , President.
SU PPLEM EN TAL REPORT.
The Board of Directors submit the following additional
statement for the information of the stockholders of the
Central Railroad Company of New Jersey.
Before the issue of the foregoing report, and as the result of
negotiations extending through several months, your Board
have concluded a lease and traffic contract, under which your
railroads are now being operated by the Port Reading Railroad
Company and in connection with the Philadelphia & Reading
Railroad system.
,
. ,
nnn
The lease to the Port Reading Railroad Company is for 999
years. It secures to your Company the seven per cent divi
dend heretofore paid, together with one-half of the net
earnings above seven up to the maximum of ten per cent per
annum. Performance of its covenants is guaranteed by the
Philadelphia & Reading Railroad Company, and is further
secured by a deposit of bonds in trust. In addition thereto,
the Central Railroad Company will continue to receive income
from certain real estate and other properties not included in
the lease.
.
This arrangement takes effect in its accounting as of Janu
ary 1, 1892. It is intended to secure for your railroad its
present traffic and its natural growth and development, and
in addition, by the guarantee of common interest, the benefit
of whatever traffic is controlled and influenced by the Reading
system, and is naturally tributary to your road and terminals.
It prevents a diversion of traffic which might otherwise have
resulted from the lease of the Lehigh Valley Railroad by the
Philadelphia & Reading Company.
It is fair to expect, as the further results of this alliance,
with the co-operation of other large coal-producing companies,
f>86
THE
CHRONICLE.
^greater uniform ityin the prices of coal, steadier employment
for the laboring classes in the coal regions, the avoidance of
needless aDd expensive competition between producers and the
establishment of economies which, without undue burden to
consumers, will bring to the stockholders adequate returns for
their capital.
In both the lease and traffic contracts every safeguard has
been provided for the preservation and development of your
property.
The independent organization of the Central Railroad Com
pany will be maintained to discharge its obligations directly
to the stockholders and bondholders as well as to see that the
provisions of the agreement are observed and the maximum
rentals thereby secured.
J. ROGERS M A X W E L L ,
President.
N e w Y or k , April 8,1892.
INCOME
fV O L . L 1 V .
ACCOUNT F O R T H E FISCAL Y E A R
D ECEM BER 31BT, 1891.
E X P E N SE S.
C onducting T ransportation...................... $2,745,367 81
M otive P ow er............................... .» ............. 2,410,396 11
M aintenance o f Cars....... ............................
978,238 07
M aintenance o f W a y ................................... 1,206,114 00
General E x p e n s e s ................. .....................
4 6 0 ,0 6 1 5 9
,
$7,800,177 58
State and L oca l T a x e s................................
309,772 04
$8,109,949 62
416,218 65
New Y ork & L ong Branch D ivision____
Net E arnings..........................................................................
■Cost o f Equipm ent, less d ep red a tion
charged o ff.................................................
Stocks o f other Companies, ow n ed .........
R o n d s o f other Companies, o w n e d .> ,...
’Cash on hand............................................
913,634 63
A ccou n ts due from A gents, Companies,
and Individuals......... ................. . .........\ 1 ,553,424 78
R ills R eceivable and other debts due \
C om pany.................................................... ®5ß79,250 05
M aterials and Supplies..............................
565,22 0^ 4
12,863,888 52
5,689,237 92
14,096,713 74
$8,526,168 27
6.127,518 53
$14,653,686 80
EAB N IN G S.
P assenger..................................................... $2,911,003 01
M erchandise F reigh t................................. 3,995,208 82
A nthracite C o a l.......................
7,004,144 91
E x p r e s s .............
«0 2 ,5 9 9 20
29,173 29
U. 8. Mail .............
M isc e lla n eou s................................
59,637 63
BALAN CE SHEET DECEM BER 31, 1891.
Assets.
R ailroad and appurtenances, including
purchased lin e s....... ................................
$33,708,400 91
O ther Property and R eal E sta te :
Dwelling-houses in P ennsyvania....... .
$10,499 87
10,508 61
B ergen Point W harf...............................
Docks, N ew Y ork C ity.......... ......... .
315,469 50
E ’p ort & N. Y. Ferry Co.’ s lands..........
72,890 00
130 08
M ariners’ H arhor P rop erty ................. .
Summit Hill R R . in P enn sylvania.___
7,508 54
R eal Estate, etc., acquired fo r RR.
purposes......... ........................................ 1,253,940 26
R e a l Estate (N. Y. City and else
w h ere)...................................................... 1,9 1 2 ,9 7 1 0 1
3,583,917 67
ENDING
New Y ork & Long Branch D ivision . . . .
$14,201,766 86
451,919 94 $14,653,686 80
Interest on Funded D eb t............................ $2,739,579 11
Rentals o f Leased Lines......... . .................. 1,897.770 50
Surplus fo r Y e a r ................... ......................................... .
$4,637,349 61
2,387,445 23
$7,024,794 84
Net E a r n in g s............... . ..........................................................
Incom e from Investm ents, including Coupons on $6,116.000 L. & W. Coal Co. 7 per cent Cons. M ortgage
Bonds ($428,120 00), m atured, hut not p aid ................
Other In com e—Interest on stock subscriptions and
m iscellaneous accou n ts.....................................................
$6,127,518 53
844,623 03
52,648 28
$7,024,794 84
STATEMENT OF FUNDED D EBT A N D ACCRUED CH ARGES FOR
/
I N T E R E S T E D R EN TALS D B IN G TH E^YEAR 1891.
5,811*019 90
/
IN D E B T
JE SS.
Outstanding, A ccrued
if5*
Dec. 31,
Charges
Bonds—
-1891.
—
f o r 1891.
$10,000
$75,553,738 6ff Adjust. M ort.........Called fo r p a y ’t. Int. ceased
First M ortg ag e... Due Feb. 1 , ’ 90
4,000
L.C . AN av.g.Loan
Deo. 1 5 .’ 97 6 per cent
2.310.000 $138,600
Liabilities.
Consol M ortgage.
J u ly 1, ’ 99 7 “
“
3.836.000
268,520
C apital S tock ................................................
$22,412,000 00 L .B .& 8 .S . 1st M ..
«
Dec. 1, ’ 99 7 «
197.000
13,790
Adjustm ent Bonds (called fo r payment)
$10,000 00
N ew Jer. So. M ...
Ju ly 15, ’ 99 6 «
«
411.000
24,660
F irst M ortgage Bonds—18n0 (ma
B onds (secured b y
tured)............
4,000 00
Consol. M ort)...
N ov. 1,1 9 0 2 7 « <i
1.167.000
81,690
Lehigh Coal & N avigation Co. Gold
Convert. D eh en ...
M ay 1 ,1 9 0 8 6 “
“
550.000
84,625
B onds—1 8 9 7 ............................................. 2,310,000 00
General Mort........ " July 1 ,1 9 8 7 5 «
*34,960,000 1,748,000
Consolidated Bonds—1899........................ 3,836,000 00
N. Y .& L .B . 1st M.
Dso. 1 ,1 9 3 1 5 «
1.500.000
75,000
L on g Brauch & Sea Shore B ond s—1899.
197,000 00
Real Estate Bonds
New Jersey Southern Bonds—1899.......
411,000 00
and M ortgages..
Sundry dates. 5
232,822
10,655
B on d s (Consolidated M’tge) 1902............ 1,167,000 00
C onvertible Debenture Bonds—1 9 0 8 ...
550,000 00
$45,177,822
G eneral M’ tge R eg’d B onds—1987......... 11,475,000 00
G eneral M’tge Coupon Bonds—’. 98 7___ 23,485,000 00
Car Trusts—
N ew Y ork & Long Branch Bonds—1931 1,500,000 00
Guar. Car T ru st... Due May 1 ,1 8 9 1 6
“
Settled.
1,253
R e a l Estate Bonds and M ortgages.........
232,822 11 4 5 ,177 ,822 11 Central RR. of N.
J. Car Trust....... “ A pr. 1, 1892 6
“
$103,000
8,530
C entral RR. o f N. J. Car Trust—1 8 9 2 ...
103,000 00
Current Cash Liabilities fo r wages and
$103,000
supplies, and balanoes due other com
panies........................................................... $1,313,321 41
Guaranteed by O. RR. o f N. J .—
A m erican Dock & Imp. Co. 1st Mort. 5 per cent
965,538 00
Interest and Rentals d ue..........................
O ther
Indebtedness
and A coru ed
Bonds, $4,987,000, due July 1 ,1 9 2 1 ...........
249,350
Interest ana Discount—
Charges, including ta x e s..................... 1,451,122 52
3,729,981 93
Tem porary Loans, e t c ............................................
84,905
Contingent F und..............................
598,477 47
P rofit and L oss.................................
3,532,457 15
4,130,934 62
Total Funded Debt and Interest
$45,280,822 $2,739,579
$75.553,738 66
■COMPARATIVE STATE I E NT OF EARN IN G S, O PE R ATIN G E X
PENSES AND TRAFFIC .
(Including New Y ork & Lo g Branch Railroad.)
E a rn iig s—
1891.
1890.
Differ •enee.
^P assen ger....... $........... $3,145,612 48 $3,095,813 94 $49,828 54 inc.
M erchandise F reight..
4.111,890 04
3.955,710 45 156,179 59 ino.
A nthracite C o a l........... 7,026,289 78
6,725,695 95 300,593 33 ino.
E x p ress..........................
2 0 2 ,5 9 9 2 0
192,324 20 10,275 00 inc.
U; S. M ail.......................
29.173 29
27,846 03
’ 1,327
26 inc.
M isce lla n e o u s.............
59,637 63
48,174 32 11,463 31 ino.
P ro. o f Local Earnings,
&C..N.Y. & L. B .R R .
7 8 ,4 5 4 3 8
80,998 47
2,544 09 dec.
T otals...................... $14,653,686 80 $14,126,563 36 $527,123 44 inc.
E xp en ses(58-18 p.c.)
(57 77 p.c.)
- Oper. E xp., incl. taxes
a n d N .Y .& L .B . R R .. 8,526,168 27
8,161,275 53 3641892 74 inc.
Net E arnin gs......... $6,127 518 53
$5,965,287 83 $162,230 70 inc.
Traffic and Mileage—
P assen ger Train Miles.
3,553,6 i l
3.430,243
123,373 ino.
•Passengers.....................
14,827,506
13,716,812
1,110,674 inc.
Passengers one m ile ...
182,033,969
180,288,585
1,745,384 Inc.
F reigh t Train M ile s ...
2,492,234
2,307,125
185,109 inc.
T on s Freight (inolud’g
B itum inous Coal) ..
6,627,358
6,401,801
225,557 ino.
T o n s Freight one m ile.
361,247,639
342,040,924 19,206,715 inc.
G oal Train Miles . . . . . .
2,439,794
2,317,078
122,716 ino.
T on s Coal (Anthracite)
7,512,544
7,463,529
49,015 ino.
T ons Coabone m ile ....
688,193,670
654,865,379 33,328,291 inc.
-T ota l Train M iles.........
8,485,649
8,054,451
431,198 inc.
-T ot.um ts (Pass.&Tons)
28,967,403
27,582,162
1,385,246 inc.
-T otal-units one m ü e .. 1,231,475,278 1,177,194,888 54,280,390 ino.
Rentals—
D over & R ockaw ay R R ......................
Ogden Mine R R ............... . . . ..............t:,
Toms River & W aretown R R ...........
Lehigh & Susquehanna R R ................
H ibernia Mine R R ...............................
W ilkesbarre & Scranton R R .......... .
A llentow n Terminal R R ................... .
$^,599
23,000
2,102
1,785,647
12.500
52,420
13.500
$1,897,770
Total A ccrued Charges fo r 1891.............................................$4,637,349
$11,475,000 are registered bonds and $23,485,000 are coupon bonds.
— A recent examination of the books of the Nassau Trust
Company of Brooklyn (whose card appears in the C h r o n i c l e )
by a leading member of its Board of Trustees furnishes the
following satisfactory facts as to its progress and success :
The company began business on June 1, 188S.
To March
31, 1892, nearly four years, the company has made a net
profit of $220,763.
This equals 1 1 per cent ner annum.
The first dividend was paid February 1, 1890, and six per cent
has been paid semi-annually ever since. Total of dividends
thus far paid amounts to $75,000, and the surplus now stands
at $145,763.
— Messrs. Cay & Stanwood, of Boston, offer $400,000 City of
Cleveland
per cent water-works bonds. See advertise
ment.
— Mr. Herbert A . Eaton, of this city, offers in the C h r o n i c l e
to-day a limited amount of Evansville & Richmond 5s first
mortgage gold bonds, guaranteed principal and interest by
the Evansville & Terre Haute Railroad Company.
Attention is called to the list of investment bonds offered
by Messrs. Kidder, Peabody & Co., and published iu another
column of this issue,
THE
A p r il 23, 18S>2.J
CHftONICLE,
© o r a r a m ia l jin x e s .
COMMERCIAL
C O
EPITOME.
The temperature has continued low, but we have had some
bright days, and an abatement o f’ local floods— all tending to
promote internal commerce and general trade. Still, bad
weather and floods continue to be reported to some extent.
Rivalry between great coal companies has been interpreted as
promising cheaper coal for the coming season, but results
thus far are unimportant. W in try weather in the W est of
Europe has caused an active export demand for breadstuffs,
the purchases of wheat here and at the W est exceeding a
million bushels. Cotton continued to advance, but the “ bull”
movement has latterly shown less vigor.
Lard on the spot has been fairly active, but generally at
slightly lower prices. To-day the market was quiet at 5 ‘900.
for prime City, 6 ,473^@ 6,50c. for prime Western and 6'60(g)
6'80c. for refined for the Continent. The speculation in lard
for future delivery has been fitful, closing dull, with figures
showing a slight decline for the week.
D A I L Y CLO SIN G P R IC E S O P L A R D P U ltJ E E S .
M or.
6'50
6'59
6*67
Tuer.
6 ’50
6*57
.......
Wed.
6 ‘46
6'53
6 '60
Thur.
6'45
6 ’54
6'61
T T O
N
.
F r i d a y , P. M ., April 22, 1892.
Ch e M o v e m e n t o f t h e C r o p , as indicated by our telegrams
F r i d a y N i g h t , April 22, 1892.
8ai.
M ay d elivery................... C. 6'52
July delivery................ . . c . 6-61
August d e liv e r y ....___ c. 6 -69
687
Fri.
6 ‘45
6'54
6 '6 I
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 43,207 bales,
against 62,416 bales last week and 63,958 bales the previous
week, making the total receipts since the 1st of Sept., 1891,
6,690,634 bales, against 6,508,775 bales for the same period o f
1890-91, showing an increase since Sept. 1,1891, of 181,881 bales.
Receipts at—
Sat.
G alv eston .........
E l Paso, A c ...
New O rlean s...
M obile................
F lorid a..............
S avan n ah .........
B runsw’k, Ao.
C harleston.......
P ort R oyal,A c
W ilm in g to n ....
Wasfa’ gton ,A c
N orfolk..............
W est P o in t ...
N’w p ’ tN ’Sj&e.
New Y ork .........
B o sto n ...............
B a ltim ore .........
Pailadelph’ a,&c
Totals this week
Mon.
Tues.
Wed.
Fri.
Total.
330
184
2,326
319
3,713.
184
17,356
1,541
331
366
......
196
70
......
392
357
......
72
......
S75
69
.........
850
364
119
3
79
......
826
486
286
5 ,8 9 4
36 4
1 ,2 57
a
83 2
211
324
......
1,160
.......
......
2,316
569
2,845
316
1,008
2,067
866
737
.......
......
......
......
340
120
151
205
......
322
392
.........
231
......
1,016
495
.........
538
223
175
642
82
833
......
4,124
226
934
504
.........
200
193
Thurs.
604
......
4,756
59
654
......
989
22
345
63
305
1,100
.........
484
387
394
6,793
9,074
8,561
4,291
6,821
7,667
..a...
......
3.8 6S
2 ,3 0 a
28
73B2,077“
587
2,20T
43,2 O
Pork has been quiet and prices are barely steady at $9 50@
For comparison we give the follow ing table showing the
$10 for old mess, $11@11 50 for new mess, $10® 10 50 for extra week’s total receipts, the total since September 1, 1891, and
prime and $12 50@14 50 for clear. Beef has varied somewhat, the stock to-night, compared with last year.
requiring some reductions in our figures, but the market re
Stock.
1891-92.
1890-91.
Receipts to
mains quiet; extra mess, $6 25@6 75; packet, $7 25@ 8 ; family,
This Since Sep. This Since Sep.
A p ril 22.
1892.
189L.
$9@ 10 50 per bbl.; extra India mess, $14@18 50 per tierce.
Week. 1 ,1 8 9 1 .
Week. 1 ,1 8 9 0 .
Beef hams have been more active and closed steady at $14@
G a lv e s to n ...
3O,2O0S
3,713 1,109,903
7,039 964,383
36,158
14 50 per bbl. Cut meats have been dull, but late sales in
E l Paso,&c.
23,716
184
32,553
New
Orleans.
clude pickled bellies, medium weights, at 5% (@5% c. and pick17,356 2,352,313 16,122 1,947,522 236,484 223,42D
1,541 251,422
2,569 280,298
26 ,104 .
19,102
led hams 9J^c. Tallow has continued active and closes firm at M obile..........
___ _
24,424
43,211
28
4% c.
Stearine is steady but quiet at 73^<@7%c. in hhds. and F lo rid a .........
S a v a n n a h ...
5,894 962,892
9,761 1,063,391
37 ,949
39,299
tcs. Oleomargarine is firmer but quiet at 6% c. Butter closes
364 162,771
B runs., Ao.
1,237 180,266
2,654
976-“
firm at 18@24c. for creamery. Cheese is firmer at 10% @ C h a rleston ..
1,257 448,051
8,924 478,681
39,080
32 ,054
1,494
88
3
809
12c. for State factory, full cream.
832 156,289
348 184,989
10,489
7 ,4 7 3
Coffee on the spot has continued dull and values have fur W ilm in gton .
2,342
Wash’ tn,A c
3,744
ther declined. Rio is quoted
at 13%c. for No. 7. To-day’s
N o r fo lk .____
3,865 484,071
5,993 599,385
28,999
8 ,1 7 »
sales included Rio No. 6 to arrive at 14%c. Mild grades have
2,303 311,249
W est Point.
2,189 327,262
7,182
3,9 68
been quiet, but steady; good Cucuta is quoted at 21%c. The
44,174
NwptN .j& c
286
987
90,507
533
84,345
738
1,840 121,286 400,364 1 4 1 ,1 5 3
sales to-day included 1,000 mats interior Padang at 25%c. New Y o r k ...
2,077 112,895
4,407 101,688
10,000
7 ,3 00
The speculation in contracts has been dull, but prices have ad B oston __ __
74
587
76,923
48,803
23,042
B a ltim ore...
3,^ 42
vanced in response to stronger European advices. To-day
72,521
3,127
48,834
P hll’del’ a, Ac
2,207
13,006
12,460
there was a further improvement on a reduced estimate of
T otals........ 43,207 6,690,634 64,733 6,508,775 870,859 533^)23
the growing Santos crop. The close was steady, with sellers
In order that comparison may be made with other years, w e
as follows:
give below the totals at leading ports for six seasons.
A p ril......... 12'55e. I J u l y . . . . . . . . . . .
ll'9 5 c.-1 O ct.................. l l -95o
M ay . . . . . . . . . . . 12'40o. A u g.........l l '9 5 o .
N ov...................... 119.no.
J u n e .... ............ 12'05o. I S e p t ..... l l '9 5 o .
I D e c ....................ll-9 5 e .
— an advance of 15@30 points for the week.
Raw sugars have been quiet but steady at 2% c. for fair re
fining Muscovado and 3% c. for centrifugals, 96 deg. test.
Refined sugars have been quiet, and close easy; crushed is
quoted 5@ 5% c . and granulated at 4 % @ 4 % c . The boiling
grade of molasses continues dull and unchanged at l l % c . for
53 deg. tesl. A t the tea sals on Wednesday the offerings were
reduced and prices were steady.
Seed leaf tobacco has had a fair movement, the sales for the
week aggregating 1,450 cases, as follows: 400 cases 1890 crop
Wisconsin Havana, 12@14c.; 300 cases 1890 crop Pennsyl.
Havana, 13%(a42c.; 250 cases 1890 crop Pennsylvania seed,
123^@15c,; 200 cases 1890 crop State Havana, 13 % @ 25c.; 150
cases 1890 crop Zimmers, 13% @ 15 c., and 150 cases sun
dries, 6 % @ 30c.; also 700 bales Havana, 70@$1 15 and 250
bales Sumatra, $2 25@$3 25. Kentucky tobacco has been
more active at full prices for export, the sales amounting to
300 hhds. or more.
Of metals there has been a fair movement in Straits tin and
prices show a further advance to 20'80c. Ingot copper is firm.
It is proposed to limit production, but nothing has been ac
complished in that direction, and Lake is quoted at ll*95c.
Domestic lead is quiet at 4'30c. Pig iron shows no improve
ment in demand nor change in prices.
Refined petroleum is quoted at 6-10c. in bbls., 6'90c. in cases
and 3'60c. in bulk ; naphtha, 5c.; crude in bbls., 5'40c., and
in bulk 2'90c. Crude certificates are very dull, and quoted
nominally at the close at 59c. Spirits turpentine is easier at
85c. Rosins are steady but quieter at $1 45@ $1 50 for strained.
W o o l has rather favored buyers, but is not materially lower.
Hops have been offered more freely and part of the recent
advance is lost.
Receipts at—
1892
1891.
Galv’ston,A e
New Orleans
M obile..........
S a v a n n a h ...
Charl’ st’n,&c
W ilm’gt’n,&t
N orfolk .........
W ’ t P oint, Ac
A ll o th e r s ...
3,897
17,356
3,541
5,894
1,260
832
3,865
2,589
5,973
7,039
16,122 •
2,569
9,761
9,012
348
5,993
3,176
10,713
Tot.thlsweek
43,207
64,733
1890.
1889.
1888.
1887*
1,898
3,811
212
2,157
766
104
1,314
2,337
6,731
5,015
' 9,584
839
2,645
2j229
191
1,546
5,374
8,779
1,262
11,674
500
4,005
2,209
45
4,633
2,742
3,571
183"
7 ,9 2 3
106
2 ,0 9 »
7 0 »66
998
86
2,933.
19,330
36,205
30,641
15,1431
Since Sept. 1. 6690,634 6508,775 5681,049 5388,928 5220,725 51 22,154
The exports for the week ending this evening reach a totaL
of 69,615 bales, of which 27,577 were to Great Britain, 6,468
to France and 35,570 to the rest of the Continent. Below are
the exports for the week, and since September 1, 1891.
Exports
from—
Week Endino April 22.
From Sept. 1.1891, to Avr. 22,1892*
Exported to—
Exported to—
Great
Conti Total Great
Conti
France
France
Total.
Brit’n.
nent. Week. Britain.
nent.
Galveston......
New Orleans.. 4,852
Mobile............
Savannah......
Brunswick ....
Charleston.... ........
Wilmington...
Norfolk.......... 1,009
West Point...
N’portNws, &c
New York...... 13,790
4,959
2,139
Baltimore......
Phlladelp’a.&c
828
627,052 76,627
5,573 15,587 26,012 819,423 469,758
37,866
175,926 30,197
98,947 4,849
160,030 5,550
61,671
1,009 142,320 7,900
4,254 4,254
85,987
21,937 5,272
895 4,921 19,606 391,155 29^314
75 5,034
10,733 12,872
35,917 6,929
828
16,895
121,161 824,840573,958 1,893,13»
281,611
174.171
52,902
31,428
16,6i7
166,562
487,734
103,796
339,751
114,573
181,618
102,624
27,209
587,031
118,849 206,716
708 17,603-
Total........... 27,577 6,468 35,570 69,615 2,978,399 636,396 1,542,621 6,167,419
Total, 1890-91. 57.388 12.250 19,976 89,614 2,915,937 516,817 1,686,278 5,119.032.
688
T H E
In a d d itio n to a b o v e e x p o rts , o u r teleg ra m s to -n ig h t also
g iv e us th e fo llo w in g a m ou n ts o f c o t to n o n sh ip b oa rd , n ot
cle a re d , a t th e ports n a m ed .
W e a d d sim ilar fig u res fo r
N e w Y o r k , w h ic h are p rep a red f o r ou r sp ecia l u se b y M essrs,
O a rey, Y a le & L a m b e rt, 24 B ea v er Street.
Other Coast
Great
B ritain. France. Foreign wise.
Total.
Leaving
Stock.
O ther p o r t s ....
t 6,793
3,306
None.
None.
None.
4,000
3.300
10,000
4,279 20,123
2,077
None.
3.000
None.
3.000
None.
None. None.
2,500
None.
5,200
900
9.000
N one.
1,383
497
1,000
1,100
None.
2,400
None.
None.
32,578
5,880
4,000
4,100
None.
8.900
9,400
19,000
203,906
30,278
35,299
34.980
19,102
20.099
390.964
52,373
T o ta l 1 8 9 2 ...
27,399
5,179
44,900
6,380
83,858
787,001
T ota l 1 8 9 1 ...
T ota l 1 8 9 0 ...
53,028
19,828
7,058
1,878
N ew O rle a n s...
G alv eston .........
Savannah.........
C h a rle sto n .. ..
29,148
20,348
441,153
224.115
93,870
45.803
4,636
3,749
l n e specu lation m uunuu iu i iu iu xc u c u v c ij
o n M on day, the C otton E x ch a n g e h a v in g a d jou rn ed to that
day fro m the p reviou s T h u rsd a y. P rices m a d e an advan ce o f
a fe w points, reced ed p a rtly, a nd closed quiet. The m arket
to o k the sam e cou rse o n T u esday. The dem a n d w as m a in ly
to co v e r con tracts. Parties w h o w ere “ s h o r t” w ere the lead
in g buyers, b u t th ere w as som e b u y in g fo r the rise b y parties
w h o had faith in a fu rth er im p rov em en t in values. There
w e re a ccou n ts o f b a d p la n tin g w ea th er fr o m the Eastern
G u lf States a nd m ost o f the M ississippi V a lle y , and a St. L ou is
pa p er pu blished statem ents fr o m w h ich a decrease o f 20 per
ce n t in th e a crea ge o f th e N orthern B elt w as estim ated. O f
co u rse su ch estim ates at this early date h av e little va lu e, but
as they a cco rd w ith gen era l ex p ecta tion th ey h ave som e
in flu ence.
T h e L iv e rp o o l m a rk et reop ened on W e d n e s
d a y a fte r th e Easter h olid a y, and reported a sm art a dva n ce,
ca u sin g a fu rth er rise w ith us, a nd in th e last h ou r o f that da y
th ere w as a re n e w ed b u o y a n cy on a rep ort that E llison ’s c ir
cu la r estim ated that 8,665,000 bales o f A m e rica n co tto n w ill
b e req u ired this y ea r fo r th e w o r ld ’s con su m p tion . Y esterd a y
th e m a rk et w as v e ry ex cite d and a ctive, b u t closed low er.
L o c a l operators w ere in clin ed to realize profits, a n d th e better
L iv e r p o o l rep ort b rou gh t in ou tside b u y in g , a nd b etw een the
t w o an u nu su ally la rge business w as don e, th e bulls b ein g
fa v o re d b y a sm all cro p m ov em en t an d p a rtia lly dearer spot
m arkets at th e S outh. T o-d a y the op en in g w as v e ry bu oy an t,
A u g u s t risin g to 7 ’50c., o r 15 poin ts u p , in a v ery short tim e,
w ith m u ch e x citem en t. T h e rep ort fr o m L iv e rp o o l grea tly
disappointed the bears and b rou g h t th em in to c o v e r con tra cts.
A t n o o n th e m a rk et w as w ea k er, b u t a fterw a rd s develop ed
fresh strength. C otton on th e spot a d v a n ced l-1 6c. o n T u esday
a nd again o n W e d n esd a y . T o-d a y there w a s a fu rth er a d
v a n ce o f % c ., m id d lin g u plands clo s in g a t 7 % c .
T h e total sales f o r fo rw a rd d e liv e ry fo r th e w eek are 816,900
bales. Kor im m e d ia te d e liv e ry th e tota l sales f o o t u p th is w eek
8,640 bales, in clu d in g — fo r e x p o r t, 3,640 f o r co n su m p tio n ,
- — fo r sp ecu la tion , a n d — in tran sit. O f th e a b ov e —— bales
w e re to a rrive. T h e fo llo w in g a re th e officia l q u ota tion s fo r
e a ch d a y o f th e past w e e k — A p ril 16 to A p r il 22.
UPLAND».
M on T ue« W ed
S a t.
O rdinary...............................ft lb.
S trict O rdinary............................
G ood O rdinary...........................
Strict G ood O rdinary....... .
L o w M iddling...............................
S trict L ow M iddling...................
M iddling........................................
G ood M iddling.............................
Starlet G ood M iddling..................
M iddling F air...............................
F a ir.................................................
4%
5ie
6
65ie
s i«
fi? «
7716
71Î16
SH
8®8
i
3=
c
»
S a t.
GULF.
>■»
«
I?
c•
u
STAINED.
S a t.
G ood O rdin ary....................V lb .
Strict G ood O rdinary.................. H oli
L ow M iddling............................... day.
M iddling........................................
4 78
514
618
6 16
613J0
7116
714
7?16
713i6
83$
8«t
M o il T u e s W e d
518
51«
6%
6 n 16
7 ii«
7^16
71«
71316
8iie
85s
9
O r d in a r y ............. ...............V lb.
S cn o t O rdinary............................
G ood O rdinary.............................
S trict G ood O rdinary..................
L ow M iddling................... .
Strict L ow M iddling...................
M iddling................................... .
G jo d M iddling.............................
S trict G ood M iddling.................
M iddling F a ir...............................
F a i r . . . ............................................
413ie
9 16
fie
638
6%
7
7*16
7ifl
7%
8 16
8II16
53i6
5»16
514
563
61«
63l6 613le
718
7 16
738
7*16
7®16 7«8
7*8
71®16
818
8®16
B ilie 8 %
91 i 6 918
M o il T u e s W e d
.
414
4*8
5%
6U ie
4 5i6 4%
41*16 5
51316 5 78
6%
61»16
T il.
F r i.
478 ;
534
618
6 1.6
613jg
5
538
614
6»16
2 i6ie
7316
738
2 Ì16
714
79ie
71*16 71 16
»»8
81«
83l
8 78
F r i.
T il.
Ißull àt l i « ad v..
Quiet at lie adv.
D u l l ....................
jD ull at is a d v ...
T otal.
—
3,640
III.
....
® ®
® ®
©to
1-0
o
: p■
: g .p i1
:
:! P ' s?
, p : K»
5J—
“ O
.
T
» « et-t>
o r CR^
£9 c+P»
•
h-ÎDiL
•©
g;
g .«H
P*,‘“
:
: p•s
. es: ?
. CR. O . CR. I
g; s
:< §: T
C3 L_4
os
_V <
©H^l
3w os Q % ® o ?
© » a s © tOCRh* ¡5
ß ® ®'<
ɮ5>B
P œ® ® ODO1 B o; g ^ o g S
P 'lo
sr
¿
o
®
ô® ‘
¿ ° ’
en
00
os____
to a>a 5to
o© <
© Ô
©
ÔCO ®
enW ** o o s 14
I ® :
i § :
I«r:
os
to
to
OS-3 0 0 o o c © OSOSOOS
© O ®© c ò c ó ® c ó
OOS OS 00(0 to «.I CO CO OSO OS
to
00 5
oo $
MO ® O © ® P © ©
© « t o ’4 to WtO14 WOH^
i
I s® :
1 ® °°:
to
o o o o
MH®M
qcp v
to
00
%
tô tô
®
to
•?*? ç
►
—h— ©
ìPtoto14
OOHl
1 C
®s°:
O
I
M
S
'S M»
1?
0D© © Pi
fcï*© 0Dp
o o o o
MM®©
toto__O
toWtO*4
i ® r:
00
«sa
pR■
: oI
C
i
a
©
Ski
g. a to
a
» ?
oa s
ô ® ‘
II"
Jnoôi-'!5
fs s f
coco
coo^
Q«
O) Cì
ob ob
CD©1
I®
(
OS . I
coco ®
I a»!®.'
o m m ’c
1 Of
o o o o
© o® o
OU
:
p
g. p >-
O
o o o o
cccô®cô
GOCO O
00 ^
Ó© ®
OHH4
1 « ® : 1 » . t *:
CO
to
oooo oooo
MH>®H i-u O i
*?*? £
00 ®
©O H 4
o ta o
to
b.
P*J %
0 0 <|
i—
1Ha ©
ww 2
wtb ®
QOOH4 ©i|f* *0^ MCCH4 C0O—14 Otf-H*14
I
1 ®.®: 1 ®.®: 1 si® : I ®°°:
to
CO
CR
00
5
00
titô
£
®
OOOO
I O OP
I i£.®eô
-4 -4
CO
yct>
SSec
® o
0
to
O O
5
ecw H ® .
« K to 4
to
<
< 1 H CD4
1 » .« :
K)
<10 0 -1
to c ji® to
OOO
Oi
1
c ô t o ® to
05©
©
oo 5
o? çjl ©
«H H 4
i ir :
o
oooo
wcji®cn
ateo en
00
b»
%
G>0> ®
«C H 4
1 ®.®:
o
oooo
O O <1
rf-lf- ®
tHtf-tO14
I«r;
co
oooo
rfl dt ® ci>
to
00 5
CR©I ©
to-wto14
1 ® .°:
a
oooo
ÜI©®ÎR
©l<l &
>
“i*? <
ô os ®
14
i s.®:
br
<
00 2
eno ^
vit- 1 « , ? :
as
Sta
•Ho o o oo o
o o o o
ò ò ° ò © ô® d s
enas co
OSCO i-
►
OO ■
<
0
0
2
i>co 14
1 ® r: 1 « i* :
o
en
o o o o
o o o o
00
^
©o
2
òbcò®ó
eno
co
0 0
0 0
to
5
ló to
a io
1 ®.
to to c w
to - w
0
i« c ó o fc0
CO to
CO
tò to
•ol CO
oo ►
< oo
CniH ® eôw
OSI-H14 0000
1 ®f®
ta
, OOP
I Ül®t£.
>
©w ®
MHH4
1 ®l®:
, 000
I © w o»
to O
00 5
ôds 2
to© **
>
toto ®
QOO 14
1® *:
oooo
to«i® to
COO CO
toOO <
cii en 2
000 **
1 & p: 1 « r :
en
co
OOOO
o o o o
ò ò ® Ó enen®en
osta © eoo co
00
obô
too
to
to
1
_
©
o o o o
o o o o
ôob®db co c ri
o O . -i
en© ta os© os cor- o
to-
_
*1*1©*1 <1^0*1
t,
eôcô®cô
cno w
►
a
<»eô®oô
i-en co
11
I®
I I C=G
I Io,
►
t
eôeô®oô
co m ©
11
00
wo . '
vos‘
to
00 4
tow
©i CO ®
1 ®.w :
oooo
toto®to
03GC ^
*?*? ç
OllH 2
eneo ’4
I « .» :
en
OOOO
enen® en
© o en
to-
o o % OO ^
© © 2 ©es 2
2 aoao
14 en© **
14
I ®i°:
® i°:
^
0 0 5 0 0 ¡5
côob 2 eòe» ®
wen 14 tata 14
1 « 5 °: 1 %
CO
..
w
côob
00
fcSN
®
© O t o 14
1 ® ‘s :
CD
to-
£c&
I
to
%
to w
®
w t s © 14
! ® f9 ;
©f
>
3
I®
©
o o o o
©en
to
00 %
ôô 2
cnn» **
1 » :
HH
óò® ò ôô® ô
co go oo ©en ta
►
11 3
1 ®: :
►
11 ◄
8
®®
I I
I I
I I
I I
iI
Is
I®
I®
I I
F r i.
4%
5
5 78
613le
41«
* Includes sales in Septem ber, 1891, fo r Septem ber, 19,600; Septem 518
ber-Ootober, fo r Ootober, 344.200; Septem ber-N ovem ber, fo r Novem
6
61516 ber, 6l9,00«i; Septem ber-Decem ber, fo r D ecem ber, 1,067,300; S ep tem ber-January, fo r January, 3 .9 9 7 ,2 0 -; Septem ber-February, fo r F e b r u
ary, L,739,800; September-M arob, for M arch, 3 , j 22,1 oo.
T h e fo llo w in g e x ch a n g e s h a v e been m a d e d u rin g th e w e e k :
Sales o f
Futures.
204
40
275
84
3,037
109.900
106,700
160,600
259,800
179.900
3,640
816,900
The Sales and Prices of Futures are shown by the
following comprehensive table:
: ë -£ >
Spb
: •?: t*
H
S
QhjŒg
© 3.Pi® ^ â e . g.
orçgp®
®p ®5
P*®
a œ-® S
œ
T il.
Con- Spec- Tran
sump. u l’ t’n sit. Total.
.. H oli d a y ..
204
40
275
84
3,037
Saturday|
M on d ay..
¿•P H
538
5%,
6®8
61516
7 “ 16
7«16
7 >
7%
71&16 g ilé
8316 8B16
8%
878
914
918
8ALES OP SPOT AND TRANSIT.
E x
p ort.
0
OP*
514
558
6 1«
61316
MARKET AND SALES.
SPOT MARKET
CLOSED.
H
S
QW S
*—
* £.2
S' t2.2,p< K1
O
H
D
®5®
g. ODO ©
m.® æ'-l
02 Z
Pi
ja P
P OB'* m
m
■e ® T5« o !*•
• C3r-,►5?
<12.
® ff
On Shipboard, not cleared—f o r
A p ril 22 at—
[ Y ol. L IV ,
C H R O N IC L E .
29 pd. to
‘28 pd. to
‘10 pd. to
‘20 pd. to
‘09 pd. to
exch.
exoh.
exch.
exch.
exoh.
300 M ay fo r Aug.
400 June fo r Sept.
600 M ay fo r June.
800 M ay fo r July.
300 Apr. fo r May.
•30 pd. to exch. 1,500 M ay fo r Aug.
•11 pd. to exeb. 700 May for June.
•30 pd. to exch. 1,100 May for Aug.
•32 pd. to exch. 600 May fo r A ug.
The VisibleSupply of Cotton to -n ig h t, as m a d e u p b y ca b le
an d telegra p h , is as fo llo w s . T h e C on tin en ta l stock s, as w e ll as
those f o r G rea t B rita in a n d th e a float a re th is w e e k ’s retu rn s,
a nd con seq u en tly a ll th e E u rop ea n figu res a re b ro u g h t d o w n
o T h u rsd a y even in g . B u t t o m a k e th e tota ls th e co m p le te
figures f o r to -n ig h t (A p r. 22), w e add th e ite m o f e x p o rts fr o m
th e U n ited States, in c lu d in g in it th e e x p o rts o f F r id a y o n ly .
THE
A pr il 23,1882.]
1892.
1891.
1890.
B took at L iv e r p o o l......b a le s . 1,705,000 1,180,000 1,111,000
S tock at L o n d o n ......................
18,000
17,000
12,000
1889.
889,000
12,000
T ota l G reat B ritain sto ck . 1,723,000 1,197,000 1,123,000
4,200
4.000
Stock at H am burg.....................
3,500
Stock at B rem en..........
159,000 163.000 124.000
7.000
19.000
27,000
Btock at Am sterdam .................
300
400
Stock at R otterdam ..................
200
5.000
8.000
Btook at A n tw erp .......................
6,000
Btock at H a vre.....................
412,000 232.000 192.000
4.000
7,000
Btock at M arseilles..................
12,000
94,000
92,000 125.000
Btock at B arcelona..................
5.000
11.000
Stock at G s o a ..........................
20,000
3.000
18,000
Btock at T r ie s te ....................
19,000
901.000
2,400
37,400
16,000
400
T otal Continental s t o c k s ......
750,700
587,400
689
CHRONICLE.
12,000
122.000
5,000
81,000
17.000
10.000
438,500
303,200
T otal E uropean s to ck s.. . . 2,473,700 1,784,400 1,561,500 1,204,200
In d ia co tto n afloat fo r E u rop e.
208,000 240,000 323,000 260,000
Am er, c o tt’n a flo a tfo r E u rop e.
330,000 318,000
182,000 215,000
E gypt,B razil,& c.,afltforE ’r’ pe
35,000
36,000
19,000 17,000
Btook in United States p o r t s ..
870,859 535,023
269,918 445,343
Btook in U. S. interior to w n s ..
320.683 247,381
83 ,s84 84,654
U nited States ex p o rts to -d a y .
10,962
14,634
13,712 18,474
T ota l v isible s u p p l y ....... 4,249,204 3,175,438 2,453,014 2,244,671
O f the above, the totals o f A m erioanand other description s areas follow ?:
A m e ric a n —
_
_ ___
L iverpool sto ck .............. ba les. 1,472,000 931,000 840,000 692,000
Continental stock s..................... 621,000
464,000 344,000 193,000
Am erican afloat fo r E u r o p e ...
330,000 318,000 182.000 215,000
U nited States sto ck ...................
870,859
535,023
269,918 445,343
U nited States in terior sto ck s ..
320,683 247,381
83,884
84,654
U nited States ex p o rts to -d a y .
10,962
14,634
13,712
18,474
T otal Am s r ic a n ................. 3,625,504 2,510,038 1,733,514 1,648,471
Mast In d ia n , B razil, <Ce.—
L iverpool stock. . . . . . . . . . . . . . . 233,000 249.000 271.000 197,000
12,000
17.000
12,000
London stock.,............ ............ .
18,000
94,500 110,200
129,700 123,400
Continental s t o c k s ...................
India afloat fo r E urope............
20 - ,000 240.000 328.000 2b0,000
17,000
36.000
19,000
35,000
E gypt. B razil, &o., afloat.........
jj«*,
~ T"
T otal E ast India, &C........... 623.700 665,400 724,500 596,200
—s; Total A m erican ...................3,625,504 2,510,038 1,733,514 1,648,471
T otal visible su p p ly...........4,249,204 3,175,438 2,458,014 2,244,671
Price Mid. U pl., L iv e r p o o l....
3 7sd.
4% d.
67i6d.
6d
P rice Mid. U p l„ New Y o r k ....
73so.
8 780.
l l 7ec.
lOi&igc
Q u o t a t io n s f o r M id d l in g C o t t o n a t 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 weekj
Week ending
¿azjptvv At2«
G alveston ...
Sew Orleans
Mobile...........
Savannah. . .
Charleston..
Wilmington.
Boston..........
Baltim ore...
Philadelphia
Augusta. . . .
M e m p h is....
3t. L o u i s ....
Cincinnati. .
L ouisville.. .
Closing
Satur.
6%
6%
quotations f o b m id d l in g cotton o n —
Mon.
638
7*8
738
65s
6%
6%
7
7
Wednes.
Tues.
6 isie
61316
6^
658
(J5g ij)
65a
7^8
7
738
6®8
6\
6%
7
7
61516
7
613le
6%
6 7s
6*3
6%
7 316
7 1ie
71a
6=h
6 7s
6l5le
7
7
6 78
61516
6\
6%
6 78
6^3
6%
7^8
7
738
63a
6 1#!«
6 13x6
7
7
Thurs.
F ri.
7
6 79
6 78
6 78 ® 7
6 I3
6 7s
7%
7^8
713
6%
6 l ° la
7
71«
718
71X6
7
6l5ia
6i<>i«®7
6 78 ®7
6 I9
6 78
714
7%
713
6%
7
7
718
7i8
The closing quotations to-day (Friday) at other important
Southern markets were as follow s:
A t l a n t a ..... ...
6H ie Little R o c k . . . .
63t N e w b e r r y ......
6^
Columbus, G a.
65s M ontgom ery. .
6%
R a le ig h ..............
63i
Columbus,M iss 6*8 N a sh v ille........ . 6 ^
S e lm a .................
6
6iaia S h r e v e p o r t ....
67ia
E u f a u la ........ 6U ie N a tc h e z ........ .
R e c e i p t s F r o m t h e P l a n t a t i o n s .— The following table
indicates the actual movement each week from the plantations!
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports.
Receipts at the Ports. St’kat Interior Towns. Rec’pts from Plant’ns,
Week
Bndmo— 1890. 1891. 1892. 1890. 1891. 1892. 1890. 1891. 1892.
M ch .18..... 38,547 92,675 92,186 168,977 347,014 453.893
“ 25...... 41,065 100,803 65,188 139,973 319,369 426.662
April 1...... 34,377 94,109 68,599 125,444 298,375 390,444
8 ....... 28.570 73,413 63,953 104,787 275,876 367,991
“ 15...... 20.981 71,313 62,416 95,338 259,773 347,989
“ 22. ... 19,330 64,733 43,207 83,884 247,381 320,683
16,552
14,061
19,848
2.913
11.532
7.876
66,461
73.158
73,115
50.914
55 220
52.341
66,686
87.957
32,381
41.605
42.414
15,901
Jtgp The imports into Continental ports this week have been
96,000 bales.
The above statement shows: 1.— That the total receipts from
The above figures indicate an increase in the cotton in sight
the plantations since September 1,1891, are 6,955.388 bales; in
to-night of 1,073,766 bales as compared with the same date
1890-91 were 6,741,586 bales; in 1889-90 were 5,751,374 bales.
of 1891, an increase of 1,791,190 bales as compared with the
2.— That, although the receipts at the outports the past week
corresponding date of 1890 and an increase of 2,004,533 bales
v«re 43,207 bales, the actual movement from plantations was
as compared with 1889.
only 15,901 bales, the balance being taken from the stocks at
£ a t t h e I n t e r i o r T o w n s the m ovement— that is the receipts the interior towns. Last year the receipts from the plantations
for the week, and since September 1, the shipments for the for the week were 52,341 bales and for 1890 they were
week and the stocks to-night, and the same items for the 7,876 bales.
corresponding period o f 1890-91— is set out in detail in the
O v e r l a n d M o v e m e n t f o r t h e W e e k a n d s in c e S e p t . 1 .—
fo 11owing statement.
W e give below a statement showing the overland movement
for the week and since September 1. A s 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. 22
••
•©
tf•
and since Sept. 1 in the last two years are as follows:
oo a» W, »•• •
I ••
1891-92.
•
« fra :
0)®
p.
»
A p ril 22.
GO OJkOMSO L k - f c O t O ©
H H W
1 0 1 0 0 0 I
C O it.0 O © O O © i-‘ - 4 lt> - O '.a 0 - i© l- ‘ © © W - 3 l» W a D » 3 C O U < © > -‘ «3
Week.
©i^.©. i-©-^w©cD©w?-~a©'a©®t8W'4i.awif»-©©c»©®koi-‘ l
Shipped—
V ia St. L ou is..................................
V ia C airo........................................
O
to®
M
N H
H
oi
M )U
^
M to r - ® ® M ® bS M M CO-4 to 03 < 1 COœ cn ® “ 5 ®
©WOWaO-OC'rOlOMeO tAO<l<lC0 03a>©<l^lQ0H‘ <l>-‘ tktCIC0®03f-‘
© w «V ibo© ® ® o'»-*©
*■© to © © o ls © -3 to-3 to® ©if^w-Jio
#
*. » © » » ■ » © « - ' I » » * - * © © * © » ©M W -‘» © © © ► - » W © »'*t0W
»»
©W®©if»©©lf^Mt0CDI-*®®-J©©'0©lS.t0i-‘Wi-‘©©00i-,li!
*
£
If», to
©CO to
M
W to
J-*
o».co
toOD-o'©IM-1to VltOtOtOWk-'tOMO'Oh-'CJ’ Co'i^tO© ©*-* £
«w oo
o o ^ © i ( i » ^ © > - ‘ o > i f » œ ® ® ® e o i f i - i M i (» .c ? t o © © © a D ® w i ^
©®w©©i#»t5wwa>ko©-ii-‘ ©aoi?»<iio-3W©^J®if‘»0'.®©©®to
05
HO
H
_
ta COCO ■OffllSMP'lliH
it^ tt-M tO lP »© © ®
bOwot<fwV dh-05O : H M ® ®
©
G
O
h-*
0D
©
GU
I-*
M
00
O
O
tO
©
to
tO
W
<1
to I- * -4 00 ®
0^1 —b0b0000005 0 ; ©wif»w©®©r-'-3oc®ooooii^r •on
o i © © co ©
~mr
OOO^QOOOtCDO*
w, _ L
V ia E vansville..............................
V ia Louisville................................
V ia Cincinnati..............................
V ia other routes, & c....................
T otal gross overla n d ................
Deduct shipments—
Overland to N. Y ., B oston, & o..
B etw een interior t o w n s ............
Inland, &o., from S o u th ............
I
I to
w<i
—w™__
1© to M
w____.
to ©7-* to If» r-. 'MHW! ©tOOOCOO®®-1
00®W -1
-JO 00©!<!©*»• CDto ©It» 03to, © © K»0« 3; »0 tOM
toSwfcObOWOCO^ÜtSw^i^bOODÖ Ö.WCKWCO* OWOt<Jfc3XW(/}
H O
K l« .
©*»WW©®tO©MWW>-J>-l^tO®tOWWi^-4COf-;Ml£-'»®£;S}®g|
13,291
3,572
557
40
1,625
4,546
1,587
Since
Sept. 1.
594.575
332,113
1 8.935
36,435
186,503
137,923
14.7,308
25,218 1,593,792
1890-91.
Week.
17,686
3,848
150
2,011
2,337
1,468
Since
/sept. 1.
572,741
277,919
84.772
26,696
193.600
167,961
137,015
17,500 1.460.704
5,609
798
1,687
346,686
59,665
81,821
9,44 >4
763
1,159
320,611
107,374
88,406
8,094
488,172
11,370
516,391
6.13*
L eaving total net ov erla n d *.. 17,124 1,105.620
* Includ ing m ovem ent by rail to Canada.
t Revised.
944.313
T ota l to he deducted................
The foregoing shows that the week’s net overland m ovem ent
this year has been 17,124 bales, against 6,130 bales for the sam e
week in 1891, and that for the season to date the aggregate net
overland exhibits an increase over a year ago of 161.307 bales.
03 © « CD <1 © V ® V * 9 V 00*©'©GO M M t O tO ® *lO © 7 - * — Oi <1 © © 0 3W ®
« < i ~ ®©©ontoif».ip».if»p-‘ i-‘®toto<iwœt-‘toto®if»-'i-ç;towM-a
tf»£»CD©©©©©JOtOr-tO-JMW-3©-0©GOtOWrOI“itO l^©©l^©®
1891-92.
S ttf
© I
tO ~
® |U © < 1 if» ® CD 00 © tO ® W G r> ® « ® M ® © tO ©
J-* r ”
-1 I «00 ©
©<|00t0r-‘«t00i®©t0^t0©©lf»-©tO©V<®-4lf^©®®ta
<1 1 © W M
W -3
tf»-!-*
to ;
M tO
If» © >-* W M -4 ** ;
a
8-S-3
R eceipts at ports to A pril 2 2 ..
Net overland to A p ril 2 2 .........
Southern consum ption to A pr. 22
W rf^ O O ^ © ©
bo® MCiœcioT-iVT^.©! © w w© os to© op
© -»©W i-‘ if»œ —00'
-3l^®©if»03f--q.-: ö©■; <D03©CDI-1i-*>P»®©lf»!
<i © toaoo © © w © o©tf^Q3©©©o»
© ( t* i( » - ® © - l« f- tO >
tp w
; * Louisville figures “ n e t ” in both years,
t This year’ s figures estimated,
t Last year’ s figures revised.
^ T h e above totals show that the interior stocks have decreased
during the week 27,306 bales, and are to-night 73,302 bales
more than at the same period last year. The receipts at all the
towns have been 6,445 bales less than the same week last
year, and since Sept. 1 they are 152,867 bales more than for the
same time in 1890-91.
I n Sight and Spinners’
Takings.
T otal m ark eted ....................
Interior stacks in ex ce ss..........
Came in to sight during w eek.
T otal in sight A p ril 2 2 .......
Week.
Since
Sept. 1.
43,207 6,690,634
17,124 1,1 5,620
10,000 483,000
1890-91.
Week.
Since
Sept. 1.
64,733 6,508,775
6 , 130 944,313
9,000 448,000
70,331 8,279,254 79,863 7,901,088
* 27,3u6 264,754 *12,302 232,811
43,025
67,471
8,544,008
1,906,006
8,133,899
*
1,784.609
* D ecrease during week.
It will be seen by the above that there has come into sight
during the week 43,025 bales, against 67,471 bales for the
same week of 1891, and that the increase in amount in sight
to-night as compared with last year is 410,109 bales.
6 Í0
THE
CHKONICLE.
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 to-night indicate that in the main the weather has been
favorable during the week and that planting has made good
progress. In some sections of Tennessee, Arkansas and Lou
isiana, however, rain has interfered with work.
Our corre
spondent at Memphis reports the Mississippi River at one foot
and three-tenths above the danger line and states that present
indications point to the highest water on record. In portions
of Texas young crops would be benefited by rain.
Galveston, Texas.— I he weather has been dry all the week.
The thermometer has averaged 66, the highest being 76 and
the lowest 56.
Palestine, Texas.— It has been showery on two days of the
week, the precipitation reaching forty-two hundredths of an
inch. The thermometer has averaged 70, ranging from 54 to
[VOL, L1V,
week to the extent of one hundredth of an inch, The thermometer has averaged 65, ranging from 44 to 85.
Augusta, Georgia.— The weather has been pleasant during
the past week, with light rain on three davs to the extent of
two hundredths of an inch. The thermometer has ranged
from 35 to 85, averaging 61.
6
Charleston, South Carolina.— W e have had rain on three
days of the week, the precipitation reaching twenty-two hunlowest 4 8 f 311 mCb‘
Average thermometer 62, highest 75 and
Stateburg, South Carolina.— A sharp frost occurred on Sat
urday last, but fortunately very little cotton had yet come up.
High wind, with hail, did some local damage on Thursdav
Altogether ram has fallen on four days of the week, to th e
extent of seventy-six hundredths of an inch
The ther
mometer has averaged 69, the highest being 83 and the lowest
W ilson, North Carolina.— It has rained on one day of the
week, the precipitation reaching fifteen hundredths o9 an
,A y erage thermometer 57, highest 82 and lowest 40.
ln e following statement we have also received by telegraph
«howmg the height o f the rivers at the points named at 3
o clock April 21, 1892, and A p ril 23, 1891.
Huntsville, Texas.— There has been no rain the past week.
The thermometer has ranged from 44 to 88, averaging 66.
Dallas, Texas.— Young crops would be benefitted by good
rains everywhere in the State, and in Southwest Texas the
drought is growing serious. No rain has fallen here during
the week. Average thermometer 64, highest 88 and lowest 40.
San Antonio, Texas.— W o have had dry weather all the
week and need rain badly.
The thermometer has averaged
A pr. 21, ’ 92. IA pr. 23, ’91.
78, the highest being 96 and the lowest 60.
Luling, Texas.— The weather has been dry all the week and
Feet.
Feet.
rain is needed. The thermometer has averaged 75. ranging Wew Orleans...........................A b ov e low -w ater m ark.14-9
15-5
Memphis................................. A bov e low -w ater m ark.34-8
from 54 to 96.
» a s
32-6
Nashville ................... A bov e low -w ater m ark.
23-4
12-3
Columbia, Texas.— Dry weather has prevailed all the past ®hr®y®P°rt ............ . .A bov e low -w ater m ark.
20-5
15-4
week, but young crops look promising. The thermometer has V icksburg....... ........... A bov e low -w ater m ark.
44-6
47-3
ranged from 50 to 86, averaging 68.
I n d i a C o t t o n M o v e m e n t f r o m a l l P o r t s .— The receipts
Cuero, Texas.— Rain is badly needed. Average thermom and shipments of cotton at Bombay have been as follows for
eter 76, highest 98 and lowest 58.
the week and year, bringing the figures down to April 21.
Brenham, Texas.— Although rain is needed nothing is suf
BOMBAY RECEIPTS AND SHIPMENTS FOB FOUR TEARS.
fering as yet. Corn is doing well and cotton-planting con
Shipments this week.
tinues. Much cotton has already been chopped to a stand.
Shipments since Sept. 1.
Receipts,
The thermometer has averaged 70, the highest being 90 and Tear Great Conti
Great
Conti
This
Since
Total.
Brit'n. nent.
the lowest 50.
Total.
B ritain nent.
Week. Sept. 1.
Weatherford, Texas.— Young crops look promising. The '91-2
4.000 49.000 53.000 34.000 382.000 418.000 90.000 991,000
weather has been dry all the week. The thermometer has 90-1 2.000 46.000 48.000
66.000 538.000 604.000
averaged 71, ranging from 48 to 94.
’9-90 13.000 59.000 72.000 244.000 705.000 949.000 68.000 1.435.000
96.000 1.556.000
Belton, 1 exas.— Planting and crop work is active. There ’ 88-9 18.000 26.000 44.000 263.000 628.000 886.000 69.000 1.357.000
has been rain on one day of the week, the rainfall reaching
According to the foregoing Bombay appears to show
twenty hundredths of an inch. The thermometer has ranged
reuse compared with last year in the week’s receipts o f
from 46 to 96, averaging 71.
22,000 balea and an increase in the shipments of 5,000 bales, and
New Orleans, Louisiana.— It has rained on one day during the shipments since Sept. 1 show a decrease of 188,000 bales,
the week to the extent of four inches and nine hundredths! Ih® movement at Calcutta, Madras, and other India ports for
Average thermometer 70.
ihe last reported week and since the 1st of September, for tw o
Shreveport, Louisiana.— W e have had rain on one day of years, has been as follows. “ Other ports” cover Ceylon,
the past week, with a precipitation of two inches and ninety- ruticorin, Kurrachee and Coconada.
eight hundredths. The thermometer has averaged 69, the
Shipments fo r the week.
Shipments since Sept, 1.
highest being 88 and the lowest 45.
Columbus, Mississippi.— It has rained on two days of the
Great
Conti
Great
Total.
B ritain. nent.
week, the precipitation reaching seventy-nine hundredths of
Total.
B ritain. Continent.
an inch, th e thermometer has averaged 69, ranging from 38 Calcutta—
to 87.
1891-92...
1,000
2,000
3.000
6,000
23.000
29.000
Leland, Mississippi.— The week’s rainfall has been thirty1890-91...
2,000
2,000
4.000
10,000
34.000
44.000
Madras—
two hundredths of an inch. The thermometer has ranged
1891 92 ..
17.000
12.000
29.000
from 45 to 81, averaging 64‘3.
1890- 91 ... 1,000
1,000
18.000
14.000
32.000
Little Rock, Arkansas.— Have had violent wind all day A ll others—
1891- 9 2 ...
1,000
(Friday), and heavy rains on three dáys of the week, the rain
1,000
25.000
47.000
72.000
2,000
189091 ...
2,000
25.000
45.000
fall reaching three inches and eighty-eight hundredths. A v
70.000
erage thermometer 65, highest 86 and lowest 42.
Total all—
1891- 9 2 ...
2,000
Helena, Arkansas.— Farming operations are backward.
2,000
4.000
48.000
82,000
130.000
1890-91...
5,000
2,000
7.000
53.000
There are indications that there will be an overflow along the
93,000
146.000
Mississippi from the Arkansas River to the Gulf. W e have
The above totals for the week show that the movement from
had one heavy rain during the week, to the extent of two the ports other than Bombay is 3,000 bales less than the same
inches and fifty-nine hundredths. The thermometer has aver week last year. For the whole of India, therefore, the total
aged 66, the highest being 83 and the lowest 44.
shipments since September 1,1891, and for the corresponding
Memphis, Tennessee.— Farm work is suspended and the sea periods of the two previous years, are as follow s:
son late. The river is thirty-four and three tenths feet on the
EXPORTS TO EUROPE FROM ALL INDIA.
gauge, or one foot and three tenths above the danger line, and
1891-92.
1890-91.
one foot and three tenths below extreme high water. Present
1889-90.
Shipments
indications point to the highest water on record. Yalley crops
to a ll Europe
This
Since
This
Since
This
Since
will be late. The weather is now clear and cool, but it has
week.
fr o m —
Sept. 1.
week.
Sept. 1.
week.
Sept. 1.
rained on three days of the week, the precipitation reaching
three inches and fifty-five hundredths, of which three inches B om bay........... 53,000 416.000 48,000 604.000 72,000 94 9.00 0
A ll other ports.
4,000 130.000
7,000 146.000
8,000 18 4.00 0
and nine hundredths on Wednesday. The thermometer has
averaged 63-9, ranging from 41'4 to 86’5.
T ota l.......... 57,000 546,000 55,000 750,000 80,000 1,133,000
Nashville, Tennessee.— It has rained on five days of the
A l e x a n d r i a R e c e i p t s a n d S h i p m e n t s . — Through arrange1
-,
week, the precipitation reaching two inches and ninety-eight
meats we have made with Messrs. Davies, Benachi & Co., o f
hundredths. The thermometer has ranged from 37 to 75
Liverpool and Alexandria, we now receive a weekly cable of
averaging 59.
Mobile, Alabama.— Planting is progressing finely. Rain has the movements of cotton at Alexandria, Egypt. The following
fallen on two days of the week, to the extent of forty-four are the receipts and shipments for the past week and for th e
hundredths of an inch. Average thermometer 66, highest 80
Alexandria, Egypt,
and lowest 44.
1891-92.
1890-91.
A pril 20.
1889-90.
Montgomery, Alabama.— W e have kad no rain during the
week. The thermometer has averaged 64, the highest beine Receipts (cantars*). . . .
This w e e k ....
87 and the lowest 42.
6
13,000
16,000
10,000
Since Sept. 1.
14,588,000
3,971,000
3,122,000
Selma, Alabama.— W e have had rain on one day during the
This
week, the rainfall reaching sixty hundredths of an inch, The
Since
This
Since
This
Since
week. Sept. 1. week. Sept. 1. week. Sept. 1 .
thermometer has averaged 68, ranging from 42 to 85.
Auburn, Alabama.— The weather has been fair during the E xports (bales)—
week, with no rain. The thermometer has ranged from 36 to
To Liverpool t ....... .
5,000 303.000 2,000 267.000 1,000 245.000
To C ontinen ti........... 13,000 207.000 8,000 191.000 1,000 141.000
81, averaging 66*6.
Madison, Florida.— Telegram not received.
T otal E u rop et....... 18,000 510,000 10,000 458,000 2,000 386,000
Columbus, Georgia.— There has been n o rain th e past w eek .
’The th erm om eter has averaged 71, th e h ighest b ein g 79 and
This statement shows that the receipts for the week ending
th e lo w e st 62.
> Savannah, Georgia.— R ain has fa llen o n th ree days o f the April 20 were 13,000 cantars and the shipments to all Europe
18,000 bales,
TH E
A p r i l 23, 1892.J
CH RONICLE
M a n c h e s t e r M a r k e t . — Our report received by cable to-night
from Manchester states that the market continues strong for
yaîns and firm for shirtings. Merchants are buying very
sparingly. W e give the prices for to-day below and leave
those for previous weeks o f this and last year for comparison:
1892.
32* Cop.
Twist.
1891.
814 lbs.
Shirtings.
Oolt'n
Mid. 32* Cop.
Twist.
Vplds
8 I4 lbs.
Shirtings.
Oott’n
Mid.
TJpld
691
S h i p p i n g N e w s . — The exports o f cotton from the United
States the past week, as per latest m a il returns, have reached
112,119 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 i c l e last Friday. W ith regard to N ew Y ork w e
include the manifests o f all vessels cleared up to Thursday,
Ne w Y o r k —T o L iverpool, p er steam ers Arizona, 1 , 8 0 0 ^ ° ^ bales.
Denm aik, 2 ,1 9 3 ....R u n io , 3 ,6 71 ___ St. Regulus, 1,198.""“
Servia, 2 ,4 2 7 ........... . . . . . __ 11 non
s. d. 8. d.
d.
d.
d.
s. d.
s. d.
d.
To Hull, per steamer Martello, 2,0 60.................... 2*060
5 OI3 S 6 412 3»16 73s H r7\ 5 11 ® 6 11
I4is16
To
London, per steamer A m erica, 441..................... ’ 441
4 11Lj ®6 4
338 73a ® 7%
511 ® 611
4 78
T o Havre, per steamer La Gascogne, 895 ................. ...........
«9 5
4 11 « 6 3
5 11 ® 6 11
3916 73a n 7 \
4 78
T o Bremen, per steamers Elbe, 1 5 6 ....Spree, 5 0 0 ......... q^ q
4 11 ® 6 3
30a 73s ® 7% 5 11 ® 6 11
To Hamburg, per steamers Marsala, 2 7 4 ___Slavonia, 600*1
874
4 llia a 6 4
33t 73a ® 7%
4l3xa
511 0 6 1 1
To Rotterdam, per steamer Spaarndam, 3 0 0 ...................
300
5 0 ®6 4
3 78 7 »i6 ® 7 lli6 5 11 ® 6 11
4%
To Antw erp, per steamers A pollo, 2 7 9 ....F rieslan d, 1,562
___ Pennsylvania, 1 5 0 ...................................... ..........................
1 991
A c r e a g e i n T e x a s — C e n s u s . F i g u r e s . — Messrs. Henry
To Barcelona, per steamer Ma*silia, 10 0......... "
’ lOO
To Genoa, per steamer Fulda, 90 0............................... ". *.
900
Hentz & Co. have been in correspondence with the Census
To Naples, per steam er Massilia, 100............................. 1 . . . . . ;
100
Bureau in reference to the acreage under cotton in Texas in Ne w Orleans —T o L iverpool, per steam ers A rchitect, 4,150
-----Costa
Rican,
7,000
...H
u
g
o
,
4
,2
6
3
___
Leonora,
5,200
1889-90 as reported in the Census Bulletin of April 5th. A s
....P r o fe ss o r, 4 ,5 0 0 ....W e stIn d ia n , 6 ,1 51............................ 31,264
a result of their inquiries they state in their circular of last
To Dunkirk, per schooner Wm. J. Lermond, 2,616 . .
..
2 616
To
Bremen, per steamer Rhein, 5 ,0 0 0 ...................
5 000
evening that “ the Census Bureau says it had to some extent
T o Hamburg, per Bteamers Inchlonga, 1,000___ Rhenania,
1,700
............. .
2700
estimate the Texas acreage to prevent further delay in report,
To St. Petersburg, per steamer Orsino. 3 , 0 C 0 . . ....... I 3*000
and it now finds the acreage considerably ahead of the figures
T o Narva, per steamer Orsino, 2,000....... .................
2*000
To Barcelona, per Bteamers Eastern Prince, 1,150. .".“ ju a n
’
given on the 5th inst., but it does not say how m uch.” W e have
Fergas, 4 ,4 0 0 ....p e r bark Antonio Jane, 3 0 0 ............
5 850
heretofore purposely refrained from commenting on the Cen
T o Malaga, per steamer Juan Fergas, 1 ,6 0 0 ............
1 600
To Genoa, per steamer Eastern Prinoe, 2 ,3 3 5 ......
............. 2’ 335
sus Bulletin, as it seemed certain to us that the figures, espec
To Trieste, per steamer Eastern Prinoe, 1 ,0 5 0 ........... .........
1*050
i ’ i 02
T o Vera Cruz, per steamer Vera Cruz, 1 ,1 0 2 ................"*
ially the total of acreage, were incomplete and would neces
G alveston —To Bremen, per steamer Oro, 3 ,0 3 6 ...."...................
3*036
sarily be revised.
To Narva, per steamer Princess, 5,150............
........... 5*150
Savannah —T o Malmo, per bark John Ritson, 1 ,6 5 0 .. . I l l ........... 1*650
J u t e B u t t s , B a g g i n g , & c . — Manufacturers are disposed to
.........
1*150
To Norrkoping, per bark H onor, 1 ,1 5 0 ...................
firmly maintain current quotations for jute bagging and are C harleston —T o Narva, per bark Leto, 1,763.....................1*763
To
Warburg,
per
bark
Velkom
m
en,
1
.0
1
5
......................................1*045
not offering much stock; as a result business has been quiet
W ilmington —To Bremen, per brig Dr. Witte, 1,077
............. 1*077
the past week. Quotations are 6^jC. for 1 % lbs., 7c. for 2 lbs. B oston —To L iverpool, per steam ers A leppo, 177__ Bostonian’
’
and 7% c. for 2J^ lbs. Jute butts are quiet but fairly firm at
1 .7 3 5 ..
. . Kansas, 1,701------- Ottoman, 1 ,2 2 4 ....V irgin ian ,
1
.9
9
6
..
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
g
833
for paper grades and 2 % @ 3 c . for bagging quality.
To Hamburg, per steamer Kehrweider, 1 5 1 . ..............
*151
To
Yarmouth,
per
steam
er
Yarmouth,
5
0
.....................II“
’
I
50
E u r o p e a n C o t t o n C o n s u m p t io n t o A p r i l 1.— W e have
B altim ore —To Liverpool, per steam ers Carthaginian, " i ,904
•^received to-day by cable, Mr. Ellison’s cotton figures brought
___ Rossmore, 2 ,3 6 2 .............................................................
4 266
down to April 1. The revised totals for last year have also
To London, per steamer A lexander Elder, 1,450“ I."..............
1*450
T o Bremen, per steamer Weimar, 4 ,2 6 7 ......... ......... ............. 4 267
been received and we give them for comparison. Spinners’
To
Hamburg,
per
steamer
Bohemia,
9
3
5
..................1.......................935
takings in actual bales and pounds have been as follows:
To Rotterdam, per steamer Ohio, 250 ................. I“ "."“ ."."“ .’
250
P h il a d e l p h ia —To L iverpool, p er steam er British Prince,*923!
923
Great Britain. Continent.
October 1 to A pril 1.
To'al.
T o ta l................................. ...... ............................................................112,119
F o r 1 8 9 1 -9 2 .
The particulars of these shipments, arranged in our usu& 1
1,879,000
Takings b y spinners., .bales
2,030,000
3,909,000 form , are as follows:
493
A verage w eight o f hales.lhs
474
483-1
x i etc* jj.u v r e j a r e m t n U lti& r M e d it6 V m V . Uf*UZ
Takings in pounds . . . . . . . . . .
926,347,000 962,220,000 1,8S8,567,000
Liver- A Lon- A Dun- A S um - North ranean A Yar
•pool.
don. Jdr/c. burg. Europe. Poris. mouth. Total.
F o r 1 8 9 0 -9 1 .
New Y ork . 11,239 2,501
895 1,530 2,291 1,100
19,606
Takings b y spinn ers...bales
2,046,000
2,313,000
4,359,000 N. Orleans. 31,264 ......... 2,616 7.700 5,000 10,835 1,102 58,517
G
alv
eston
.............
.
.
.
.
.
.
.
.........
3,036 5,150 .......................
A verage weight o f bales.lbs.
480
8,186
468
473.6 Savannah .
......
2,800 .......................
2,800
Takings in pounds.................
982,142,000 1,082,741,000 2.064.883.000 Charleston........................... . .........
2,808 .......................
2,808
Wilmingt’ n
.......................
1,077
1,077
According to the above, the average weight of the deliveries Boston . . . . 6,833 .......................
151
50
7,034
in Great Britain is 493 pounds per bale this season, against B altim ore. 4,266 1,450 ......... 5,202
250
11,163
923
480 pounds during the same time last season. The Continental Philadelp’a
923
d.
d.
Mh.18 5l 5ia® 7
“ 25
A pr. 1 5 7s n 6 78
“
86
®7
" 15 6i8 ® 7i8
6 I4 «7 14
deliveries average 474 pounds, against 463 pounds last year,
and for the whole of Europe the deliveries average 483 1
pounds per bale, against 473-8 pounds last season. Our dispatch
also gives the full movement for this year and last year in
bales of 400 pounds.
Oct. 1 to A p ril 1.
Bales o f 400 lbs. each.
000* omitted.
1891-92.
Great
Britatn
1890-91.
Conti
nent.
Total.
Great
Conti
Britain nent.
Spinners’ stock Oct. 1.
148,
Takings to A pril 1___ 2,313,
326,
2,406,
474.
4,719
112,
2,455,
227,
339,
2 706, 5,161,
8 apply.......................... 2,461,
Oonsumpt’n 26 weeks. 2,132,
2,732,
2,262,
5,193,
4,394,
2,567,
2,184,
2,933, 5,500,
2,262, 4,446.
470,
799,
383.
Spinners’ stock Apr. 1
1feeb ly Consumption,
00* omitted.
In O ctober................
In N ovem ber...........
I n D e ce m b e r...........
I n J a n u a ry ..............
In F e b ru a ry ............
In M a rch ................
329.
82,0
82,0
82,0
82,0
82,0
82.0
87,0
87,0
87,0
87,0
87,0
87,0
169,0
169,0
169,0
169,0
169,0
169,0
84,0
84,0
84,0
84,0
84,0
84.0
Total,
671
1,051,
87,0
87,0
87,0
87,0
87,0
87,0
171,0
171,0
171,0
171,0
171,0
171.0
Our cable states that Mr, Ellison has revised his estimate of
consumption on the Continent for previous months of this
season, reducing it from 89,000 bales per week to 87,000 bales.
The foregoing shows that the weekly consumption is
169,000 bales of 400 pounds each, against 171,000 bales of like
weights at the corresponding time last year.
The total
spinners stocks in Great Britain and on the Continent have
increased 139,000 bales during the month, but are now 255,000
bales less than at the same date last year.
W E a s t I n d i a C r o p .— The following is from Messrs. Gaddum,
Bythell & Co.’s report, dated Bombay, March 19:
In the up-country markets there is a falling off in arrivals, ow ing to
m ost o f the markets having been closed on account o f the “ H oli,” a
native festival. P icking still continues in the Dhollera districts, but in
a fortm ght the w hole crop should be secure, as there is plenty o f labor
to conduct picking and ginning operations simultaneously!
T o t a l .... 54,575
3,951
3,511 1 8 ,6 9 6 1 8 ,2 9 9 1 1 ,9 3 5
1,152 112,119
Below we add the clearances this week o f vessels carrying
ootton from United States ports, bringing our data down to
the latest dates:
N sw O rleans —T o L iv e r p o o l-A p ril 2 9 —Steamer E lectrician, 4,827.
To H avre—April 2 0 -S tea m er Ardanmher, 5.573.
T o Brem en—A pril 2 0 -Steam ers Crete, 2,700: Plassey, 5,287
A pril 2 1 - Steamer Forest Holm e, 4,900.
To B arcelona—A pril 2 0 -8 te a m e r Martin Saenz, 2,700.
N o r f o l k — To L iv e r p o o l-A p ril 21—Steamer Bulgarian, 1,009.
West P oint —T o Ghent—A pril 16 —Steamer Carbis Bay, 4,254.
B oston —T o L iverpool—A pril 12—Steamer Georgian, 2,023
A pril 15 —
Steamer Cephalonia, 4 2 3 ...A pril 1 9 —Steamsrs Columbian, 1 ,1 1 4 ;
Rom an. 1,334.
To G la s g o w -A p r il 1 2 —Steamer Bueno3 Ayrean, 10.
To H a lifa x -A p r il 1 6 —Steamer H alifax, 75.
B a l t im o r e —To L iverp ool—A pril 1 6 -S tea m er Mentmore, 840.
To L m Ion—A p ril 18—3teamer British Qu^eu, 1,299.
To B re m e n -A p ril 13—Steamer Gera, 4 ,3 5 i ___A pril 2 0 -S te a m e r
Oldenburg, 4,467.
T o R otterdam —April 1 4 —Steamer Chicago, 105.
To A ntw erp—A pril 1 4 -S tea m er Rialto, 1,802.
P h il a d e l p h ia —T o L iverpool—A pril 1 9 —Steamer Indiana, 828.
Cotton freights the past week have been as follow s:
Satur.
Liverpool, steam d .
Do
b id ...d .
Havre, s t e a m ...d.
Do
............ d.
Bremen, steam ., d.
D o indirect..d.
Hamburg, steam .d.
Do
........... d.
Am st’ d’m,steam.d.
In d ir e c t...........d.
Reval, ste a m ....d .
Do
................ d.
Barcelona,steam d.
Genoa, stea m ...d .
Trieste, stea m ... d.
A ntw erp, steam , d.
:
1
{
{
;
Mon.
Tues.
810
816
* Cents, per 100 lbs.
t
:
i
F ri.
S16
3i«
s33
764'®1e
764®1®
704® *8
964
901
«¡7
904
n 61
“ ¡4
U04
üw
32ia*
32V
32 V
32 V
32ia*
316® l*
316® l4
810® 14
816® ^
810®l4
764'®18
904
is
«8
O
W
:
■
Wednes. Thurs.
1564
1564
1564
l304
l564
1«
1564
f «
1B64
!8
1564
l804
1504
1«
i« ü
1364
1b04
%
THE
692
L i v e r p o o l .— B y cable from Liverpool we have the following
statement of the week’s sales, stocks, «fee., at that port:
A p ril 1.
LV o l . L IY .
CHRONICLE.
A p ril 8. A p ril 14. A p ril 22.
29.000
40.000
39.000
50.000
Sales o f the w eek............ bales.
1,000
1,400
1,900
1,900
O f w h ich exporters t o o k ....
4,100
5,300
12,100
15,700
O f w h ich speculators to o k ..
22.000
32.000
34.000
46.000
Sales A m e rica n ........................
4,000
6,000
6,000
5,000
A ctu al e x p ort.............................
38.000
43.000
49.000
59.000
F orw arded ........................ .
T otal stock—E stim ated........... 1.734.000 * 1673000 1.690.000 1.705.000
1.472.000
1.457.000
O f w hich Am erican—Estim ’ d 1.466.000 *1440000
62.000
66.000
59.000
57.000
T otal im port o f the w eek .........
53,000
58.000
50.000
42.000
O f w h ich A m erican............
115,000
110,000
137.000
130.000
A m ount afloat...................
95,000
90.000
O f which A m e r ic a n .............. 115.000 120.000
" use-count; or stock mane oam ruay,
a, »uu. ugaioo
deducting 28,800 bales A m erican and 39,901 bales East Indian, &o.
The tone o f the Liverpool market for spots and futures each
DAILY CLOSING PRICES OP NO , 2 MIXED CORN.
A pril d e liv e r y ...............o.
M ay d e l i v e r y ...... ........ o.
June d e liv e r y . . . . . . . . . . .c.
Ju ly d e l i v e r y ...... .....o .
August delivery...............o.
Sal.
48%
46%
45
45%
45 %
Mon.
49
46%
45*4
455s
45%
Tues.
49
47%
451«
46
46%
Wed.
49%
47%
45%
46%
4638
Thurs.
49%
473s
45%
46
46%
F ri.
491«
471«
45%
46
46 %
Oats have been decidedly more active, but prices were vari
able and unsettled. Nearly half a million bushels have been
taken for export. The buying for this account was mainly
on Wednesday at 34% @ 35c. for No. 2 mixed in elevator and
36@31c. for No. 2 white in elevator. To-day the market was
DAILY CLOSING PRICES OP NO. 2 MIXED OATS.
Mon.
Sat.
34%
April delivery...................0.
o. 35
33%
May delivery............. . . . . c . 34
33%
June delivery............. ...o . 33%
July d elivery ...............................
■O. 33%
o.333s33%
Tues.
34%
34
33 78
33%
Wed.
35
34%
S4
33%
F ri.
34%
34%
33%
33%
Thurs.
34%
34%
34
33%
Rye is decidedly lower, selling yesterday at 86c. for No. 2
day o f the week ending April 22, and the daily closing prict s delivered and 81}£c. for early arrival, closing to-day nominal
of spot cotton, have been as follow s:
Saturday Monday. Tuesday. Wednes. Thursday. Friday.
Spot.
1:45 P. M. )
>
>
B ales...........
Spec. & exp.
03
Futures.
c
w
Market, \
>
2
c
c
&
w
10,000
1,500
Steady at
3-64 ad
vance.
m .$
Barely
firm.
Market, \
4 p. m. J
Xflu U pclilU g) Ul^UvOtj J.Uvyuou a u u
tr
Quiet.
3%
3%
10,000
1,000
7,000
1,000
313ie
Mid.Upi’ds.
1:45 p.
Fair
business
doing.
Fair
business
doing.
Market, Ì
Firm at Steady at
2-64 de
3-64 ad
cline.
vance.
Barely
steady.
Strong.
^
Liverpool for each day are given below. Prices are on the
basis of Uplands, Low Middling clause, unless otherwise stated :
B P " The, prices are given in pence and 6ith .
T h u s: 3 63 m eans
3 63-64d., and 4 01 means 4 l-64tZ.
Saturday, M onday and Tuesday—A pril 1 6 ,1 8 and 19—H olidays.
W e d ., A p r . 2 0 .
T hurs., A pr. H i .
F rl., A pr. 2 3 .
Open High Low. Olos. Oven High Low. Olos Open High Low. Olos.
d.
d.
d.
April.......... 3 63 3 55 3 53 3 55
April-May.. 3 63 3 55 3 53 8 55
May-June.. 3 53
June-July... 3 56
July-Aug... 3 59
Aug.-Sept . 3 62
September.. 4 00
Sept.-Oct... 4 00
Oct.-Nov.... 4 03
Nov.-Dee... 4 05
3 56
3 59
3 61
4 00
4 02
4 02
4 05
4 07
3 53
3 56
3 59
3 62
4 00
4 00
4 03
4 05
<1 .
d.
d.
3 57
3 57
3 58
3 61
3 63
4 02
4 05
4 05
4 07
410
3 58
3 58
3 58
3 61
4 00
4 03
4 05
4 05
4 08
4 10
3 57
3 57
3 58
3 60
3 63
4 02
4 01
4 04
4 07
4 10
d.
3 66
3 68
3 61
4 00
4 02
4 02
4 05
4 07
d.
358
3 58
3 58
3 61
3 63
4 02
4 01
4 05
4 08
410
d.
3 56
3 56
3 57
3 59
3 62
4 01
4 03
4 03.
4 06
4 09
d.
3 60.
3 60
3 61
3 63
4 02
4 05
4 07
4 07
4 10
412
d.
d.
3 56 s;eo
3 56 3 60
8 57 3 61
3 59 3 63
3 62 4 02
4 01 4 05
4 03 •4 07
4 03 4 07
4 06 410
4 09 412
Dec.-Jan....
and unsettled. Barley is entirely nominal.
The following are closing quotations:
PLOUR.
Patent, w in t e r ....... $4 55®$% 75
F in e .............bbl. $2 25® $2 75
S up erfine.... . . . . . . . . 2 60® 3 00 City mills extras....... 4 70 a 4 80
Extra, No. 2 . . . . . . . . 3 10® 3 25 R ye flour, superfine.. 4 00® 4 3 0
F i n e . . . . . . . . . . . . . . . . 3 50® 3 75
Extra, No. 1 .............. 3 25® 4 00
C le a r s ......................... 4 10® 4 45 Corn meal—
Western, & o.. . . . . . . 2 80 ® 2 9 0
S traigh ts......... .
4 35® 4 65
Brandywine............ 3 0 0 ® . . . .
Patent, spring..........
4 55 ® 4 90
[W heat flour in sacks sells at prices below those fo r barrels.]
GRAIN.
O.
Wheat—
8pring, per b u sh ... 80 ® 1
Red winter No. 2 .. 98 ®
Red w in t e r .......... 80 ® 1
W hite...................... 88 ®
Oats—M ix e d ..$ bu. 34 ®
W h ite ............... .
36 ®
No. 2 m ixed ........... 34% ®
37 ®
No. 2 w hite......... . . 37
F r id a y , A pril 22, 1892,
The markets for flour and meal have been somewhat neg
lected in the past week, and th8 range of prices reflects very
little change.
The free export movement in wheat was
scarcely felt in its product, flour. The higher grades were
pretty well supported by the relative strength of other mar
kets j and “ straights” from winter wheat are not plenty.
But the extreme low grades were notably neglected. To-day
the better grades were held with more firmness, while the
low grades were depressed.
The wheat market has been feverishly variable in tone and
prices. The weather has been bad for spring seeding, espec.
ially in the northwesterly sections of the United States and
in the west of Europe, and the demand for export has been
larger than usual; but ample supplies from the last crop have
held in check the speculation for the rise. To-day there was
a fractional advance on yesterday’s prices, and tbe business
on the spot was large, local millers being liberal buyers, the
sales including No. 3 red winter at 98J^c. delivered, and
choice Toledo red at 9c. over the price of May contracts.
DAILY CLOSING PRICES OP NO. 2 RED WINTER WHEAT.
Sat.
A pril delivery____ . . . . . . 0. 92%
M ay delivery....................o. 90%
June d elivery..................o. 89%
90
Ju ly d e liv e ry ............ .. .c. 90
August d e liv e r y ..............o. 89%
September d elivery.......o. 89
Decem ber delivery. . . . . . c. 91%
Mon.
Tues.
93% 92%
91% 90%
90% 89%
90% 89%
90% 89%
89% 88%
92% 91%
for
varied widely —
Wed.
Thurs.
Fri.
93% 93%
93
90% 90% 90%
89% 89%
90
90%
90% 90
89% 89.% 89%
89
89% 89%
91% 91% 92%
the
— - better
- - — grades,
■— 7
Indian corn has not
which are relatively scarce, but the softer qualities declined
sharply early in the week. No. 3 mixed sold on Tuesday at
44c. afloat, while prime No. 2 brought 50c. These grades
were but recently only 2c. apart.
There has been liberal
export buying, mainly of steamer No. 2, which went to-day
at
in elevator, and 49@49J^c. afloat; also steamer
white sold at 53c. afloat. The speculation to-day was slug
gish, and at the close prices were easier.
50
49%
51
55
statement below, prepared by us from the figures of the New
York Produce Exchange.
W e first give the receipts atWestern lake and river ports, arranged so as to present the
comparative movement for the week ending April 16, 18>2,
and since August 1, for each of the last three years:
Steeipts at—
Wheat.
flo w .
Bbls.lWlb Bush.bOW
Corn.
3ush.S C
Oats
Barley
Rys
lb- Bush.82 Ibi BushAX if' Bu. 56
976,505
4,060
1,168,005
91,000
222,364
72,500
1,610
2,095
6,217
32,291
3,450
170,218
233,650
1,556,890
1,117,500
71,900
55,517
33,767
183,062
17,500
369,500
15,218
3,208
197,165
89,400
........
500
19.315
31,032
' 89,255
191,00
27,085
13,694
6,300
18,000
-9
7,733
6,050
235,968
182,438
223,326
3,395,004
1,299,453
1,182,532
1,655,056
1,797.036
3,535,283
1,590,137
1,277,950
1,519,988
301,543
185,945
488,155
85,759
30,950
62,084
OUlcago........
Milwaukee.
Ouluth......
Minneapolis.
Toledo.........
Jetroit.. .
Cleveland....
■it. Louis......
Pe >ria........
109,405
80,900
Tot. wk. ’f 2
ama wk.’91
'»me wk.'90
39,084
29,580
3,300
9,021,849 188,480,850 94,221,512 77,675,776 28,562,935 13,558,232
7,917,545 89,384,358 68,027,655 68,004,429 27,295,170 3,718,004
8,661,580 93,127,973 130,191,287 62,673,622 22,971,356 4,862,478
1391-92......
1890-91.....
1889-90....
S.
Corn, per bush.—
West’ n m ix e d . . . . . 45 ®
Steamer No 2........ 47 %®
West’n y ellow ....... 47 ®
Western w h ite . . . . 51 ®
R y e—
Western, per hush. 81 ®
State and J ersey.. 81 ®
Barley—No.2W est’n. 67 ®
83
83
63
The movement of breadstuff s to market is indicated in >b e
Since Aug. t.
B R E A D S T U F F
0.
03
99
02
98
36
40
35%
33
The receipts o f flour and grain at the seaboard ports for the
week ended April 16, 1892, fo llow :
F lour,
bbls.
98,355
47,835
7,664
57,481
B a ltim o r e .... 31,213
Richmond .. . 8,675
New O rleans.. 9,933
A t—
New Y o r k ....
Wheat,
bush.
387,750
181,699
32,780
228,248
156,396
8,330
287,093
B ye,
B a rley ,
Oats,
bush.
bush.
bush.
16,475
554,525 102,000
500
1,921
59,613
4,217
48,399
3,200
43,315
6,821
6,000
8,154
¿T oo
37,973
.........
_____________
Corn,
bush.
274,425
62,965
3,120
530,134
264,409
10,240
394,759
Total week 261,156 1,282,294 1,540,052
Oor. w eek ’ 9 1 .299 ,684 330,514 583,036
7 5 7 ,98 411 1,33 8
605,555 29,370
30,196
2,056
Below are the rail shipments of flour and grain from
Western lake and river ports for four years:
1892.
Week
A pril 16.
Flour . . . . . . . . . . . bbls. 341,315
1891.
W eek
A pril 18.
3o6,023
1890.
Week
A p ril 19.
292,124
1889.
Week
A p ril 2 0 .
208,626
W h e a t ...... ...b u s h . 885,233
C orn. . . . . . . .
O a t s ........ .............. 1.187,399
263,142
B a r le y ...... ..............
50,646
» y e ..'.......... ..............
444,089
1,010,630
830,055
123,792
29,800
321,849
1,634,471
1,517,230
181,605
71,113
410,512
220,427
699,360
162,013
63,703
2,443,366
3,726,268
1,546,015
T o t a l. . . . ______ 3.141.228
The exports from the several seaboard ports for the week
ending April 16, 1892, are shown in the annexed statement:
Exports
fr o m —
Wheat.
Oom .
Flour.
Bu»h.
517,021
239,758
33,710
Bush.
235,501
1,000
Bbls.
104,439
39,599
457
Bush.
168,848
75,354
29,656
187,023
94,400
534,787
680,724
342.356
439,670
42,143
80,477
849
41,000
Tot. week. 1,606,699 1,699,251
V w o time
R ii
. 481,244 182,324
267,964
314,888
235.430
3.252
Hew York
B oston ...
Portland.
N orfolk..
Philadel.
Baltim’re
ST. Ori’ns.
tf. N ew s..
Riohm’d .
Oats.
By*.
Bush.
227,429
Peas.
Bush.
2,110
7,276
29,218
72,768
3Ö
300,197
38,604
37,887
TH E
A p r il 23, 1892. J
693
CHRONICLE.
The visible supply of grain, comprising the stocKs in grauat j
and 10-4 bleached at 1 9 ^ c . per yard; other widths at cor
responding prices. Colored cottons of the denim and ticking
order are steady with a fair demand. More business has
B ar ey
transpired in cotton flannels, although in comparison with
but*.
previous season’s orders are backward. Printed specialties
63.000
for summer wear are still being turned out by high-class
20,000
..........
printers and find a ready market; otherwise the demand for
44,000 printed fabrics is slow. Ginghams of all grades are also quiet
72,000
141,000 at first hands. Print cloths are without change on the week,
a fair demand having been met at 3 1-I6c for 64x64s and
other counts on that basis. Most of the engravers are still on
29.000 strike, and it is reported on good authority that certain of the
30.000 leading print works have arranged to import rollers, ready
26.000 engraved, from the other side of the Atlantic.
at the principal points of accumulation at lake and seaboa- d
ports, April 16, 1892:
O om ,
Oat»,
Rye,
bush.
bush.
bush.
505,000 425,000 159,000
g 000
24,000
D o a f lo a t .....
12.000
35,000
8,000
25.000
25,000
33,000
938,000
B u ffa lo .... . . . . . . .
C hicago.............. 8,729,000 1,976,000 412,000 402,000
9,000
5,000
39,000
•388,000
•Milwaukee.. . . . . .
Duluth .............. . 14,728,000
536,000
Do
a flo a t....
85,000
93.000
727,000
432,000
T o led o ................. ,
5,000
21.000
9.000
190,000
D etroit................. ,
20,000
O s w e g o ... .... . . .
1,000
544,000 1,564,000 111,000
*8t. L ouis..............
58,000
53,000
Do
a flo a t...
*46,000
2,000
79,000
2.000
7,000
X flncinnati. . . . . . . ,
13,000
7,000
53,000 104,000
246,000
B o s t o n .... .. . . . . .
11,000
.............
96,000
161,000
T oron to................
39,000
86,000
546.000
622,000
M o n t r e a l.........
828,000 264.000
686,000
P hiladelphia___ _
8,000
13.000
57.000
25.000
18,000
■Peoria................ .
1,000
61.000
29.000
Ind ian ap olis.......
11,000
7,000
18,000
67.000
¿Kansas C i t y .....
385,000
92.000
604.000 121.000
B a lt im o r e ........
829,000
4,000
31.000
31,000
M inneapolis......... 8,501,000
54.000
527.000
On M ississippi...
283.000
54*000
83.000
748,000
2,917,000
O n L a k e s ... ..... 2,865,000
17.000
O n canal & river.................. — ___________________________________________
I n store at—
'NewY o rk ......... —
T ot A or
T ot t o r
T ot A ot
Tot." Anr.
T ot. Apr.
Wheat,
bush.
828,000
56,000
1 6 '9 2 42 056,001 9 ,976,000 3,221,000 1,017,000
9 ’92* 41 178’ 000 10 898,000 3,223,000 1,496,000
18 -91 22 186JL06 2,2381837 21508,477 417,858
19 ’9 0 . 24^513,272 17,855,506 3,820,624 1,046,488
2 0 /8 9 ’ 26,989,678 14,914,963 6,769,297 1,464,850
T H E
D R Y
G OO DS
732,000
790,000
911,175
911,270
939,460
T R A D E .
N e w Y o r k . Friday P. M., A p ril 2 2 ,1 8 9 2 .
1892.
Stock o f P r in t Oloths—
A p ril 16.
Held by Providence m anufacturers. 1,000
Fall R iver m anufacturers___ . . . . . . . 58,000
Outside speculators ( e s t ) .............. .
None.
Total stock ( p i e c e s ) . . . . . . . . . . . . . . 59,000
1891.
A p r il 18.
411.000
189.000
None.
1890.
A p ril 19.
354,000
30,000
None.
600,000
384,000
D o m e s t ic W o o l e n s . — There has been a renewed demand
for small parcels of light-weight woolens and worsteds for
prompt delivery, and as available stocks of these are in mod
erate compass prices have ruled steady. For autumn makes
business is quiet with an irregular request for fancy and
piece-dyed worsteds. Agents are kept busy with the deliveries
of sample pieces and in endeavoring to interest buyers in new
styles which make their appearances from week to week
from mills not yet well under order. Although the fall trade
is so far from being completed there are even now endeavors
made to do business for next spring, but fortunately with
little success. Cheviot suitings and rough-faced overcoatings
for fall have moved fairly well, as have light and heavy
weight satinets, but doeskins and cotton warps are still slow.
Considerable orders have been placed for flannels for fall de
livery, and from present appearances this season is, like last,
to be marked by an absence of the flannel auction sales. A u
tumn styles o f woolen and worsted dress goods are in active
demand, this week’s orders reaching a large total, an impetus
having apparently been given to buying by the advance in
the price of foreign wools and higher quotations for foreign
dress goods.
Foreign Dry Goods.— The most important feature in this
department just mentioned above has been the advance of
from 5 to 10 per cent in the prices of standard woolen and
worsted fabrics for autumn delivery.; The bulk of the im
portation orders was placed before this was made, but a good
impression has been produced on the market. Spot goods of
staple order are without alterations, although moving some
what more freely than of late. Some of the seasonable
specialties are offering at reduced prices and others have
been distributed through the auction rooms.
There has been some increase in the extent of new busi
ness passing at first hands this week, but not sufficient to re
lieve the market from a prevailing appearance o f quietude.
Jobbers’ requirements are still on a very moderate scale in
staple lines of domestics, but converters have placed fair
orders in some quarters and exporters have operated with
rather more freedom. The tone of the market, however, re
m ains without change, and prices ate still irregular in un
protected brands. Evidences of weakness are in fact occa
sionally showing themselves in unexpected places, as by a
■»* cut ” by a leading jobbing house in the price of a prominent
line o f wide sheetings, a class of goods generally believed to
be well sold ahead in all makes. The difference in the con
dition between the best known tickets and the rest of the
m arket is more pronounced than usual, and appears to be
I m p o r t a t i o n s o f JDrv G o o d * .
com e more accentuated as the season progresses, and the re
The importations o f dry goods at this port for the week
sult is that some agents are puzzled to get goods with suffi
flmling April 21, 1892, and since Jan. 1, and the same facta
cient speed to keep pace with the demand for deliveries, while
lor the corresponding periods o f last year are as follows*
others are puzzled to find a demand to keep pace with pro
cm
Gj*
g
g
g
g
»
duction. The first condition is less felt in the market than
sr22£3?
ge» w rtgl
the second, which effectually prevents any advantage being
i s * !!!
£ " . 3 2.5?
Ü
O»et
so
taken of the rise in the price of cotton, The jobbing trade
2»
•1 E- Bl
o•
ha.« been generally quiet, although still reported keeping bet
©
© ::
a
ter than last year; prices outside of leading lines of dress
0 :
fabrics are irregular and in brown and bleached cottons most
B:
•d.
•o •
jobbers are selling under agents’ nominal quotations. Collec
09 i 09
to
M J OH
tions continue in good shape in most sections.
bOCJ»CO© <1
09 M tO tO
If»-to tO
09 tO t9 tO
oc ! ìf»ì^- 09
©CH*4©©
to 09 cn If» CO
IÌ»
O
i
©
0
9
GO**
I
*
! If» ©
0 3 X M 03 ^4
to© © © © 0 3 OS
D o m e s t ic C o t t o n G o o d s . — The exports o f cotton goods |t»
if» ! to to tO if» © X go
to.
09^3
from this port for the week ending April 19 were 2,029
totoif»toto :
If» CO
kUCO
* 3
<!
C
*
C
O
to
M
!
t0|f»<J©O
©M
to 0103 ©00
09© : <
00
COM
69
00^8
©
^
packages, valued at $107,637, their destination being to the
© © j ?. P*p
09 09 tO — rf» ;
o»© M<|CDM0i
<i m
Osco ] to
<109 M X tO I
©if» ODif»-<1
tO M
points specified in the table below:
Ql I*»<1»^X
to c o
C *O tC O © tO
X © 09 © —4
0*00
m Qi1 to©to©c*
ll
1891.
1892
N e w Y o r k to A p r il 19.
Week. Since Jan. 1.
Bouth A m erica_______. . . . . . .
O ther c o u n t r i e s . . . . . . . . . . . . . .
446
39
68
419
109
T o ta l____________ . . . . . . .
China, via V aiujnnyiiT..,,.,
2,029
2,700
M e x ic o ______ __ . . . . . . . . . . . . .
T ota l......... ........................
4,729
37
16
1,182
20b’
1,063
353
116
61
385
51
3,464
6,300
81,446
3,464
© if»
1,552
575
44,158
4,252
3,257
1,633
4,415
927
2,406
9,380
612
73,167
12,855
09
m©
coco
C O C *< ltO < l
^4if»C0^4X
C*rf»>M©©
M tO jO tO
»^MOO*^ 00
©<y»if»©M
<l^-|OC0O9
M © if » 0 9 t 0
CO 03 03 © C*
If» CO0*01 to
<J 03 tO © C3
M < l© tO X
If» © C O C O © «
rf-M <J©
'mqoqoüic*
CO CO
V<l©t009
©M <1"4 © M00
lf»Ol coif»oi©*a
CO ! < U O
M tO M tO 09
CO tO CO if» ©
© 0 0 09 00 09
©© tOlf»MtO|f»
©© c o o t © c o c o
<1© C*WMif»©
<|MMM
C*Mto'tOX
C*<1MCO03
If»09HÜIH
tO00X <J©
C04» MtO
co © 'c o c o '©
<ICOlf»<|M
If»COto toe*
©ìf»
©if»
if»©
va ; v- w
* F rom N ew England m ill points direct.
t O X rf» © X
M CH © tO 03
If» 00 M GO 03
<109 rf»
©CO©»- ©
©ot
09 CO
CO 00
86,022
The value of the New York exports since January 1 ha ve
been $3,839,955 in 1893 against $3,886,488 in 1891.
The demand for brown and bleached cottons has resulted
in somewhat larger sales this week, with prominent makes
freely delivered on account of existing contracts. The
heavier grades of brown sheetings and lower-priced bleached
shirtings are irregular and in favor of buyers. W id e sheet
ings, which have been consistently reported firm and well sold
up do not look so well in face of a decided cut in Lockwood
m akes by the Claflin Co., which sold 10-4 browns at 1 7 ^ c .
<1
135,966
67,115
70,308
41,600
12,336
A fr ic a ........ . . . . . . . . . . . . . . . .
1,872
553
38,174
2,524
3,688
3,902
5,746
1,362
2,227
13,974
1,124
M»4
327,325
1,591,241
163
19
600
125
41
000 01C003
Week. Since Jan. 1
*4 to to <1 if»
to 00
tc^©©©
CO
if»-to
CO©
CO
CO©tO©<|
MOD 1t»x'!f»to<i
© O M© © X to
Q«if» MC*© tO©
li» 09
00 OW
© to©
09 I
©
C*
<100
©CO
If» ©*»
M <1
© if »
Ü» O
09
M M M tO
09©09©<1
—*© COMOs
to©<i©po
<J*-Q0»f»tO
X lf» < ltO M
©00
<1 <109 M **4
09C O M |f» C *
© 03 **4 09
X to X X CO
tO if» 03 M if»
M tO © tO tO
<109 O« © 09
MtOrf»©©«
’S 5 “ is r
3 £
h-a H
'‘•OOiwV©
v | 0 3 © © tO
-4rf»^4©tf»
GO
«
S ?
§
M IO tO tO 09
© tOMW03
If» 03 M tO CJt
MMM09
tO < l
O lV c B O O M
Ü l © I M CO M CO00
<1C0
P<l
©£* '©Vc*C*M
© M I CO© — © 0 0
OiCO » < 1 © ift» © to
03 CO© X ©
<1© 3D©X « 3
x
x r f » t o co
<j©loa»©
© tO C* **4 X
*»G*tO<!»4
H
694
S tate
THE
an d
CHRONICLE.
C ity U e t a n t m e n t .
TERMS OF SUBSCRIPTION.
Com m ercial and Financial C H R O N IC L E con
40 to 64 pages published every week.
tains
State and City Supplement, of C H R O N IC L E con
184 pages published several times each year.
tains
Investors’ Supplement of C H R O N IC LE (a Cyclo
paedia of Railroad Securities) contains 160 pages published
•very other month.
Subscription to CH RONICLE for one year $10.00,
which includes every issue of both S u p p l e m e n t s .
[Voi* U V ,
fund” is not full; if the “ guaranty fund ” is full it
is made equally imperative that the dividends shall be
limited only by the total earnings, and shall be 5 or &
or any other per cent which the earnings permit.
Probably, however, the earnings will not permit in
many cases of a distribution in excess of 4 per cent,
although formerly the general rate has been 5 per cent.
Bank management will no doubt incline to greater con
servatism in the future. The Commissioners in their
late report touch the ruling idea, no doubt, when they
say, “ there is a growing conviction, confirmed by the
“ experience of the immediate past, that more atten
t i o n should be given to strengthening the savings
“ banks by increasing their holdings of high-grade
“ bonds bearing a low rate of interest,” etc.
T h e purpose o f this State and City D epartm ent
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 of each item a
reference to the page where the item in the C h r o n i c l e can
be found, he will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts.
NEW
H AM PSHIRE
SAVIN G S
BANKS.
In our State a n d Cit y S upplement issued last
October we noted the fact that very material amend
ments to the New Hampshire Sayings Bank law, with
the provisions as to investments wholly changed, had
been adopted by the Legislature of the State at its ses
sion in 1891. In the same place we gave in full the
restrictions put upon investments by the new amend
ments, which restrictions are now in force, as the
amended law went into force January 1 1892.
There is one provision of the Statute as it now
stands which neither the banks nor the Bank Commis
sioners approve of, and which no doubt is less con
servative than the old method. The feature we refer
to relates to the distribution of the surplus. Hereto
fore the savings banks were allowed to make a uniform
rate of dividend, having the option to divide any sur
plus earnings over the uniform rate once in two years
and being compelled to divide such surplus every five
years. Now “ whenever the guaranty fund is full” the
bank “ shall divide its net earnings annually.” This
requirement seems to be practically an impossibility
except at the risk of “ the guaranty fund,” for savings
banks cannot at the end of any year be certain that all
their securities are perfectly good. Probably next
year, when the Legislature meets again, this provision
will be changed, as the Bank Commissioners recom
mend that the Statute be restored to the shape it stood
in before it was amended.
There appears to be some misunderstanding with
regard to Hew Hampshire savings bank dividends in
the future. The Statute however is plain. Section 17
reads as follows:. “ Until the guaranty fund of a sav“ ings bank amounts to five per cent of its deposits the
“ bank shall not pay to its depositors a greater rate of
“ interest than four per cent annually. Whenever the
“ guaranty fund is full, it shall divide its net earnings
“ annually.” We do not see that these words leave any
discretion with the bank managers. Pour per cent is
the maximum allowable in all cases where the “ guaranty
A labam a.— (S t a t e a n d C i t y S u p p l e m e n t , page 172.)— It
has been reported in New York that there is an effort on foot
to induce the State of Alabama to recognize its indorsement
on the first mortgage 8 per cent bonds of the old Selma &
G ulf Railroad Company. The report of the State Debt Com
missioners under date of Jan. 24 1876 gives the total amount
of bonds thus endorsed as $640,000. In another part of the
same report it is stated that owing to litigation of an import
ant character, then pending in the Courts, the said Debt Com
missioners declined to make or recommend to the Genera 1
Assembly any provision for the settlement of the endorsed
bonds of this company.
In answer to our inquiry respecting
this matter, State Treasurer John L. Cobbs writes us this week
that so far as his office is advised nothing of recent date has
been done towards the adjustment of these bonds.
A rizon a.— A bill to authorize Arizona to issue bonds to the
amount of $175,000 came up in the United States Senate this
week on the motion of Senator Piatt. The bill provided that
the principal and interest should be paid in gold or its equiva
lent.
Senator Stewart of Nevada immediately moved an
amendment to strike out “ g old ” and substitute “ lawful
m oney.” The amendment was adopted by 28 to 24.
Chicago’s Finances.— Mayor Washburn’s first message to
the Chicago Common Council was read on Monday evening,
April 11, at a regular session of that body. The Mayor states
that the financial condition of the city has been much im
proved during the past fiscal year. The balance in the treasury
to the credit of the city on January 11891 was only $567,555 32, but by careful economy this amount was increased to
$1,968,722 19 on January 1 1892.
W e give below the figures showing the city’s bonded deb t
and sinking funds on January 1 1892, as reported by Mayor
Washburn, and in connection with them are corresponding
figures for the two previous years, which we take from our
Sta t e an d Cit y Su pple m e n t.
Jan. 1 1 8 9 2 .
Total bonded d eb t............. $13,530,722
Sinking fu n d s......................
378,667
Net d ebt..........................$13,152,055
Jan. 1 1 8 9 1 .
$13,545,400
326,642
Jan. 1 1 8 9 0 .
$ 1 3 ,5 5 4 ,9 0 0
3 2 4 ,6 4 6
$13,218,758
$ 1 3 ,2 3 0 ,2 5 4
In addition to the bonded debt as given above there were
outstanding on January 1 1892 water certificates to the
amount of $1,000,000.
The city’s total receipts for the year ending December 31
1891 were $29,550,560, and the total expenditures during the
same period were $28,115,932.
B o n d Proposals and N egotiations.— W e have re
ceived through the week the following notices of bonds
recently negotiated and bonds offered and to be offered for
sale.
Allegheny, P a.— (S t a t e a n d C i t y S u p p l e m e n t , page 71.)
— This city is considering the advisability of issuing bonds fo r
$1,000,000 for street improvements.
A rlin gto n , Ore.— Bonds to the amount of $10,000 have
been voted for water and electric-lighting systems.
Albany, 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 47.)—
On April 20 the city of Albany sold at auction $260,000 of 4
per cent public building bonds and $185,000 of 4 per cent street
improvement bonds. There were present at the sale repre
sentatives of a large number of New York and Albany bank
ing houses, and the bidding was at times decidedly spirited.
The following list of sales is reported to us by City Cham berlain Charles A . Hills :
TH E
A p r i l 23, 1892.]
PUBLIC BUILDING BONDS— 48.
W h en Due.
Sold to—
Ä '
1893
A lban y Savings B an k .......................... • 5*006
1894
1897
5)000
1900
5.000
1901
5.000
1902
5.000
1903
5.000
1904
5.000
1905
5.000
1906
5.000
1907
5.000
1908
5.000
1909
5.000
1910
5.000
1911
5.000
1912
15.000
1912
50.000
191250.000
1912
50,000
1895
5.000
A lban y E xch an ge Sayings B an k—
1896
5.000
«
«
<•
“ __ _
1898
«
«
«
“ ...
5,000
1899
«
a
“
“ ....
5,0Q0
Price.
100%
10118
102U i 6
1043s
10478
105-16
1051316
10511«
106%
107
107016
1071116
1085ie
1081316
10834
1093s
109%
10978
109%
101%
102%
10318
1033s
S T R E E T IM P R O V E M E N T B O N D Si—48.
-
I
«
«
“ ::::
Blake Bros. & Co...................................
L. O. M orrison........................- .............
9 ’o o o
i i ’ qnn
18 000
A lban y E xch an ge Savings B a n k .. . . 18,000
L. O. M orrison.......................................
Blake Bros. & Co...................................
x ’XXx
L -O . M orrison..........................- ........
„
,,
3,000
„
,t
" " " " ' ' " ” ” " 1 .....
3,000
7,000
Blake Bros. & CoV.V.V.V.V.l ..............
A lban y Savings B an k.......................
7 000
ft
A lban y E xchange Savings Bank. - ..
L. O. M orrison................................
7,000
7 ,u w
W hen
N ov.,
1
“
“
“
“
.“
«
“
«
“
“
“
“
«
“
“
“
“
“
B ellefontaine, Ohio.— The city has been authorized to issue
bonds for $25,000 for a municipal electric light plant.
B elm ont County, Ohio.— (S t a t e a n d C i t y S u p p l e m e n t ,
page 85.— Belmont County has been authorized to issue $30,000 turnpike bonds.
Bozeman, Mont.— The City Treasurer of Bozeman, Mont.,
will sell at public auction on May 15 1892, city 4 per cent 1 0 20 year bonds to the amount of $3,000.
<
For further particulars see advertisement elsewhere in this
Department.
B rain t ee, Mass.— (S t a t e a n d C i t y S u p p l e m e n t , page
2 8 .)- The city will issue bonds for $30,000 for an electric-light
ing plant.
Brocton, Mass.— (S t a t e a n d C i t y S u p p l e m e n t , page 23.)—
The Massachusetts Legislature has passed a bill authorizing
the city of Brocton to incur indebtedness beyond the limit
fixed by law, for sewerage purposes.
B rooklyn. 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 48).—
Bids will be received until April 27 for $1,000,000 o f f A P?r
cent New York & Brooklyn Bridge bonds, to mature $100,000
semi-annually on the first of January and July from January
1 1923 to July 1 1927 inclusive. A t the same time $40,000 or
P rice.
registered New York & Brooklyn Bridge bonds, maturing
100’ •’2
100%
July 1 1922, will be sold. See advertisement elsewhere m this
lO H is
Department.
102116
102016
Buffalo 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 49.)—
100%
On A p ril518 bids were opened for $150,000 of 3% per cent
100%
school bonds, maturing April 11912, and the loan was awarded
100% e
10178
to Blake Bros. & Co. at 103*791. The following is a complete
1029] 6
list of the offers received:
T otal................................ .... .........$ 260-000
Sold t o A « q OOO
Blake Bros. & C o ..................................
L. O. M o rriso n ..................... -- - - -------A lban y E xch an ge Savings B a n k .. . .
o,ouu
6 do
CHRONICLE.
Due.
1892
1893
1894
1895
1896
1892
1893
1894
1895
1896
1892
1893
1894
1895
1896
1892
1893
1894
1895
1896
1001-12
1005s
lO H is
1015s
1023ie
100%6
1001%6
1015] 6
IO III16
102%
G. C. P h illip s........... ............................................... 1 » ....................hid 101-68
* » » . an * 0».
D o___________ for $ 5 0 ,0 0 0 ............................................... bid. 101
jgp“ F o r o ilie r p r o p o s a ls see n e x t p a g e .
T o t a l . . . . . . . , . . . . . . - ! . . , - ................ $185,000
N E W LOANS.
N E W LOANS.
N
DE PA R TM EN T OF FIN A N C E,
C O M P T R O L L E R ’ S O F F IC E .
Cit y H a l l , Br o o k l y n , April 14, 1892.
The undersigned will receive sealed proposals at
this office until WEDNESDAY. April 27, 1892, at 12
o’clock noon (at which time they will be opened), ior
t he purchase of the whole or any part of the toiiowi ng loans, viz.:
O
T
I C
E
W e Own and Offer
.
P B O P O SA I.S F O B
New City Hall
Bonds
$ 1,0 0 0 ,0 0 0
OF T H E
Three and One-half Per Cent
CITY OF PATERSON.
New York & Brooklyn
Bridge Bonds.
R E G IS T E R E D .
Authorized by Section 5 of Chapter 128 of the Laws
of 1891, as amended by Chapter 76 of the Laws of
1892.)
$ 1 0 0 ,0 0 0
$ 1 0 0 ,0 0 0
$ 1 0 0 ,0 0 0
$ 1 0 0 ,0 0 0
$ 1 0 0 ,0 0 0
$ 1 0 0 ,0 0 0
$ 1 0 0 ,0 0 0
$ 1 0 0 ,0 0 0
$ 1 0 0 ,0 0 0
$ 1 0 0 ,0 0 0
p a y a b le
p a y a b le
p a y a b le
p a y a b le
p a y a b le
p a y a b le
p a y a b le
p a y a b le
p a y a b le
p a y a b le
Jan u ary 1, 1 9 2 3 .
J u ly 1 , 1 9 2 3 .
Jan u ary 1, 1 92 4 .
J u ly 1 , 1 9 2 4 .
Jan u ary 1, 192 5 .
J u ly 1 , 1 9 2 5 .
January 1, 1926.
J u ly 1 , 1 9 2 6 ,
J a n u a r y 1, 1 9 2 7 .
J u ly 1 , 1 9 2 7 .
Also. $ 1 0 , 0 0 0 Three and One-Half Per Cent
New York & Brooklyn Bridge Bonds, registered
(authorized by Section 4 of Chapter 128 of the Laws
of 1891, as amended by Chapter 76 of the Laws of
1892), payable July 1, 1922, under the provisions of
said acts. All of the above bonds are exempt from
taxation by the City of Brooklyn and County of
^Ptmnent of purchase money to be made April 29,
1892, at which time the bonds will be dated. Interest
payable January and July of each j ear. Proposals
must state the price offered, the description of bonds
desired, and be Indorsed “Proposals for Bonds.” The right is reserved to reject any or all bids not
deemed for the interest of the city.
TH E O D O R E F . JA C K SO N ,
Comptroller.
IN V E S T M E N T
BONDS
P er Cent 1 0 -1 5 year First Mortgage
Hold Bonds.
T R U S T E E -T H E S T A T E T R U S T CO.,
No. 5 0 W a ll Street, New Y o rk City.
PARTICULARS UPON APPLICATION.
Sealed Proposals will be received at the office of
the Comptroller of the City of Paterson, N. J., until
8 o’clock p.m . oh Thursday evening, April 28,1892,
by the Department of Finance of said city, for the
whole or any part of the sum of $125,000—of coupon
bonds of said city of the denomination of $1,000,
dated May 1st, 1892, issued by said city by authority
of the act of Legislature of the State of New Jersey
entitled “ an act to enable cities In this State to fur
nish suitable accommodations for the transaction of
public business and an armory for the use of the
National Guard organized therein,” approved April
15th, 1887, and the supplements thereto. Said bonds
will bear interest at the rate of 5 per cent per an
num, payable semi-annually on the first day of Octo
ber and May of each year, and $10,000 thereof shall
be due May 1st, 1895, and a like amount May 1st of
each successive year thereafter until the whole is
paid.
Each proposal to be sealed and endorsed Pro
posals for new City Hall Bonds of the City of Pater
son,” and enclosed in a second envelope and address
ed to the Comptroller of Paterson, N. J. All proposals
to be accompanied by a certified check for 6 per cent
of the amount of said Bonds, all checks returned to
unsuccessful bidders, and credit therefor on amount
will be given to the successful bidder. The'bonds
will be deliverable on or about the first day of May
1892, at the office of the City Treasurer, Paterson
N. J. The accrued interest, if any, to be paid by the
purchaser. The above bonds are Issued by virtue of
an ordinance of said city entitled, “An ordinance to
provide for the issue of City Hall Bonds of the City
of Paterson.” The committee reserve the right to
reject any or all bids.
JAMES BROWNLEE, Chairman.
CITY AND C O U N TY
B O YD S.
b o u g h t and sold.
The Gurley Investment
Company,
N. W. H A R R IS & C O .,
DENVER,
Capital and Surplus,
COLO.
-
$500,000
1 5 W a l l S tr e e t . N E W Y O R K .
B O ST O N
N E W LOANS.
t Cl I CACO .
$ 4 0 0 ,0 0 0
C L E V E L A N D
4 1-2 Per Cent
WATER WORKS BONDS,
1902.
SEN D F O R B O N » L IS T ,
Gay & Stanwood,
131 Devonshire Street, Boston*
FISHER
&
SH AW .
B a lt im o r e , M a ry la n d ,
DEALERS IN
M U N IC IP A L
BONDS
AND IN THE
issues of
Corporations
Possessing
Strong Municipal Franchises.
C A SH O R D ER S
E X EC U TE D
ON T H E
B A L T IM O R E ST O C K E X C H A N G E .
Mortgage Loans
IN
TEXAS.
NO COMMISSIONS charged borrower or lender untk
loans have proven good.
FRAN CIS S M IT H
& C O .,
SAN A NTONIO, T E X A S .
6Ö6
THE
CHRONICLE.
Mass.— (S t a t e a n d C i t y S u p p l e m e n t , page
. . city of Cambridge bas petitioned the Legislature for
permission to borrow $200,000 outside the legal debt limit, for
park purposes.
[ V ol.
bonds to the amount of $300,000.
1 1922.
LTV,
The loan will mature April
F ran k lin County, Ohio— (State and City Supplement
page 87).— Bids will be received until May 9 1892 for $25,000
of 6 per cent street improvement bonds, which will be dated
January 1 1892, and fall due as follows:
Ohio— (S t a t e a n d C i t y S u p p l e m e n t , page
^ ' ' “T-^-he people of Cincinnati will vote at a coming election
6 queistion Of issuing new water bonds, which have been
fey tbe State Legislature to the amount of’ $2 ,000............................Jmyyi i s 9 3
$ o ,000,000.
Ohio.— (S t a t e a n d C i t y S u p p l e m e n t , page 86.)
City H all bonds to the amount of $825,000, bearing 4 per cent
interest, are offered for sale.
The bonds mature June 1 1911,
and are subject to call at option of the city after June 1 1901.
Bids will be received for this loan by the City Auditor until
M ay 18 1892.
Comanche, T ex.— The city has voted to issue bonds for
municipal improvements.
East Providence Fire D istrict, R . I .— Proposals will be reC8iv6u until April 30 by the Chairman of the Finance Committee of the East Providence Fire District for $200,000 of 4
per cent gold bonds. Interest will be payable in gold on the
first of January and July, and the bonds will fall due as foli ^ SAnl1.5,^ L in J 9?7’ $35\000 in 1917, $50,000 in 1922 and
«
ln l " 9. This fire district comprises about two-thirds
East Providence, and its assessed valuation is
over $4,000,000.
if.®au Claire, W is.— (S t a t e a n d C i t y S u p p l e m e n t , page
lUo)^ The city of Fau Claire has replaced its 7 per cent water
bonds which fell due January 1 1892 by an issue of 4J^ per
•cent refunders to the amount of $30,000. These refunding
bonds have been sold to the Wisconsin State Sinking Fund at
par and accrued interest from January 11892.
W is .— The village hall bonds to the amount of
$7,000 recently authorized by vote of the people are now ofand bids wdl be received for the same until May
15 r b93;
. 6 bonds wil1 bear interest at the rate of 5 K per
cent and will mature $500 yearly beginning with May 1 1893.
Fitchburg, 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.)
*•—Proposals will be received until April 26 for 4 per cent water
$ 3 ,0 0 0 ...........
¿5^ 11898
3.0 00 .........................J u l y l 1894
2 0 0 0 ....” .
jS lv 11 899
2 ,0 0 0 ............................Ju ly 1 1895
3 ,0 0 0 ..........
ju l v 1 1 9 0 0
3.000 .........................July 1 1 8 9 6 . 2 0 0 0 ...” ” 1.............. July 11 9 0 1
2.0 00 ......................... July 1 1 8 9 7
3 , 0 0 0 . . . . . . .......... . . " . " J u l y 1 1 9 0 2
Frem ont, N e b — (State a n d Ci t y S upplement , page 127 )
— W ater works extension bonds to the amount of $30,000 have
been voted by the city.
G alveston'C ounty, T ex.— (State and City Supplement
Pa£ ? I3V )— Bridge bonds of this county to the amount of
$175,000 have been sold at par to Messrs. George M. Huston &
Co. of St. Louis, Mo. The bonds bear 6 per cent interest,
payable annually on the 10th of April at the National Park
Bank of New York, principal payable April 10 1912.
The
county’s total bonded debt on February 1 1892 was $356,640 :
sinking funds, $79,611; net debt, $277,029.
Glen wood, la .— Spitzer & Co., Boston, were the successful
bidders for the Glen wood, la ., $10,000 6 per cent 15-year water
works bonds.
l 0Grand Rapids, Mich.—(State and City Supplement,
[By an error in the composing room of the Chronicle this item ap
peared last week on the wrong page o f the paper. We insert it this
week in its proper position.]
On April 9 bids were opened for 4 % per cent school bonds
of the city of Grand Rapids to the amount of $113,000. The
loan was sold to Messrs. Blake Bros. & Co. of Boston for a
premium of $8,938 30. The good credit of the city is shown
by the fact that there were in all seventeen bids for this loan,
the premiums offered ranging from $1,670 10 to $8,938 30. The
bonds will be issued on June 11892 and will mature as follows:
Amount.
When Due.
$2 5,000.......................................1906
25,000.......................................1908
N E W LOANS.
F IN A N C IA L.
C IT Y OF
V IR G IN IA DEBT.
S T
1L O U I S
GOLD 4s,
D ue Novem ber, 1011.
P r in c ip a l a n d I n te r e s t
p a y a b le l n
L o n d o n I n S te r lin g , o r I n N e w Y o r k
i n U . S. G o ld C o in .
PRICE AND PARTICULARS UPON APPLICA
TION.
page
The undersigned Bondholders’ Committee
hereby give notice, that SEC U R IT IE S
W I L L NOT B E R E CEIV ED B Y T H E DE
P O S IT A R IE S UN DER T H E BO N DH OLD
ERS* A G R E E M E N T OF M A Y 1 2, 1 8 9 0 ,
AND T H E P L A N AND P ROPOSITION OF
NOV. 2 8 , 1 8 9 0 . A F T E R A P R IL 3 0 , 3 8 9 2 .
The Commission o f Distribution w lil take
action after the books o f the Committee are
closed, in accordance w ith the terms o f the
Plan and Proposition of Nov. 2 8 , 1 8 9 0 .
N E W Y O R K , A pril 1 3 , 1 8 9 2 .
F R E D E R IC P. O LCO TT,
C H A R L E S D . D IC K E Y , J r .,
W IL L IA M L . BULL,
H U G H R . G ARDEN,
H E N R Y BUDGE,
JO H N G IL L ,
Bondholders’ Committee.
G. S. ELLIS, Secretary,
64 Wall street. New York.
1909
$23,000...........
12.000 ....................... 1910
28.000 ............. .........1918
FIN A N C IA L.
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 usual rates of commission)
n safe and reliable interest-paying Southern secur
ities, and 1st mortgage loans on improved city and
town real estate. Correspondence solicted as to all
Southern! nvestments. Being within easy reach
of all parts of the South thorough and careful inves
tigation can be made of intended investments or
purchases.
[O F F IC E R S.
GEO. B. EDWARDS, President."
P. N. PICKENS, Cashier.
H. C. WHILDEN, Secretary and Treasurer.
J. LAMB PERr V, Solicitor.
SMYTHE & LEE, General Counsel.
D IR E C T O R S .
A. S. J. Perry , of Johnston, Crews & Co., wholesale
28 S T A T E . S T R E E T , BOSTON.
M U N IC IP A L BONDS,
drygoods.
paints and oils.
JAMBS A llan , of James Allan & Co- Jewelers.
J. H. F. K o e n i g , with Knoop, Frerlchs & Co., cotton
Geo. b . Edwards, Pres. Electric Light & Power Co
& N ASSAU S T R E E T , N E W Y O R K .
Netting the Investor from 4 per cent to <3
per cent. W rite for Circular.
6 % IN V E S T M E N T S 6 %
E. H. Rollins & Sons,
F IR S T MORTGAGE GOLD BONDS,
CONCORD, N. II.
GOLD D E B E N TU R E BONDS,
Blake Brothers & Co.,
City Bonds For Sale.
W tlliam M. Bird , of Wm. M. Bird & Co., wholesale
h ig h
grade
Amounts $ 5 0 0 to $ 1 0 ,0 0 0 .
Notice is hereby given that the City Treasurer will
3 , 7 and 1 0 Years,
«ell at public auction on the 15th day of May. 1892,
ATLANTIC TRUST CO., NEW YORK, TRUSTES
at the door of the City Hall in Bozeman, Montana,
Amonnts $ 1 0 0 to $ 1 ,0 0 0 .
between the hours of 10 A. M. and 4 P. M, to the
BANKERS,
A FEW CHOICE
highest bidder, city bonds to the amount of $3,000,
to hear date of June 1st, 1892, to be redeemable in
Dealers in MUNICIPAL BONDS.
7 P E R CENT F IR S T MORTGAGES.
Street Railway Bonds and other high grade in
ten years and payable in twenty years from date of
Write for Description.
issue, to bear interest at the rate of buc per cent per vestments.
annum, interest coupons payable semi-annually,
** Cleveland. 10 W A L L STREET,
bonds in denomination of $500 each, principal and 7 Exchange Place.
N E W TO R E.
interest payable at the office of the City Treasurer of
ISO B R O A D W A Y , N E W Y O R K .
the City of Bozeman, Montana.
Cable Address, “KENNETH.”
are issu?d under the authority of the
as Pr° vided by their charter and sancQualified voters of the said city at an
011 APril 4th, 1892. These bonds are
Purpose of obtaining money with
*° Purchase a dump ground for the city.
3 0 -Y E A R 6 PER CENT G O LD W A T E R
BANKERS,
Bozeman City (on April 1,
1892), including this issue, is $50,300.
v
AND S E W E R R E F U N D IN G BONDS.
Bozeman has never repudiated any of
Interest and Principal payable in New York City.
M
U
N
I
C
I
P
A
L
B
O
N
D
S
.
R* indebtedness, and there has never been any
Price and particulars on application.
default ln payment of interest.
7
$2^0of*00.d valuation of tte city in 1891 was C le v e la n d , O h io , P e r r y -P a y n e B ’ ld ’ g
B o s t o n , M a s s ., 5 3 S tate [Street.
PHILIP DODSON,
NEW YO R K ,
TA C O M A , W A S H .,
City Treasurer.
[N ew Y o r k , 11 W a l l S tree t.
7 2 & 7 4 B’ w ay. Merchants’ N at. B k . Bdg.
W. J. Hayes & Sons,
Lombard Investment Co,
$ 5 0 ,0 0 0
Lamprecht Bros. & Co., City Cheyenne, Wyoming,
C. H. W H IT E & CO.,
THE
A p r i l 23, 18 92.]
CHRONICLE.
Great F a lls, Mon.— (S t a t e a n d C i t y S u p p l e m e n t , page
-136).— On April 11 1892 it was voted at an election in Great
Falls to issue new city bonds to the amount of $100,000. The
loan will be made up of funding bonds to the amount of $30,000, sewer bonds to the amount of $30,000 and park bonds to
the amount of $40,000. These bonds will probably be adver
tised at an early date.
H enry County, Mo.— (S t a t e a n d C i t y S u p p l e m e n t , page
20).— On April 11 1892 5 per cent 20-year court house bonds
of Henry County, Mo., were sold to Little, Scott & Co , of St.
Louis, Mo. The price paid for this new loan was 103 and
accrued interest.
Jenkintow n, P a .—The town will issue bonds for $30,000 for
macadamizing about three miles of streets.
Kansas City, Mo.— (S t a t e a n d C i t y S u p p l e m e n t , page 120.)
— Kansas City has voted to issue $200,000 of sewer bonds.
K in gs County, 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
52.)— Bids will be received by Henry H . Adam s, Treasurer of
Kings County, until April 28, for $200,000 of 4 per cent regis
tered bonds of the county refunding loan falling due on May
1 1907, $100,000, and on May 1 1908, $100,000. A t the same
time 4 per cent certificates of indebtedness for the erection of
the Thirteenth Regiment Armory will be sold to the amount
of $120,000, maturing $60,000 on May 1 1901 and $60,000 on
May 1 1902, and $300,000 of 4 per cent certificates for the erec
tion of the Fourteenth Regiment Arm ory, falling due at the
rate of $30,000 per annum from May 1 1893 to May 1 1902
inclusive.
Lyons, Col.— The people of Lyons have voted to issue water
works bonds to the amount of $25,000.
Marblehead, Mass.— (S t a t e a n d C i t y S u p p l e m e n t , page
28.)— The town has been authorized to issue $50,000 additional
water bonds.
M artin ’s Ferry, Ohio.— The Council has voted to issue
bonds for $20,000 for an electric light plant.
M ilw aukee, W is.— (S t a t e a n d C i t y S u p p l e m e n t , page 109.)
— The Finance Committee of this city has made a favorable'
report on the ordinances authorizing the issuance of bridge
P A C IF IC COAST.
A Substantial Investment.
8 P E R CENT D IV ID E N D
AND S U R P L U S EACH YEAR.
bonds to the amount of $50,000 and water bonds to the amount
of $50,000. It is expected that the ordinances will pass the
council without opposition.
Melrose, Mass.— (S t a t e a n d C i t y S u p p l e m e n t , page 29.>
— The town has voted to issue $25,000 of additional water
bonds, $14,000 of which will be used for construction.
Monroe County, Mo.— The County Court of Monroe County
has issued a call for numbers 399 to 423, inclusive, of the
county’s 6 per cent bonds issued May 15 1880. These bonds
are for $1,000, and they will be paid at the National Park
Bank of New York on May 15 1892, after which date the in*
terest on said bonds will cease.
Mount A iry, N . C.— On May 2 a vote will be taken on the
issuance of $30,000 of bonds for water works.
New Orleans, La.— (S t a t e a n d C i t y S u p p l e m e n t , page 176.).
— A n Amendment to the Louisiana Constitution authorizing
the City of New Orleans to refund its debt at a lower rate of
interest has been voted by the people.
The city will issue 4
per cent bonds for those falling due at 5, 6 and 7 per cent, and
by this means some $200,000 a year will be saved in interest.
New York, 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 54.)
— The Governor of New York has signed the bill authorizing
New York City to issue $200,000 of bonds for the re-pavement
of Third Avenue, from the Harlem River to East One H un
dred and Seventh Street.
Niles, Ohio.—This city has been authorized to issue bonds
for water works and electric-light plants.
N orfolk, Va.— (S t a t e a n d C i t y S u p p l e m e n t , page 158.)—
The Finance Committee of Norfolk, V a ., have sold the city’s
5 per cent bonds to the amount of $96,500 maturing March 1
1922, and $20,000 maturing Feb. 1 1922.
The price paid in
each case was 101-75 and accrued interest.
Oneonta, N. Y.— Oneonta school bonds to the amount o f
$10,000 have been sold at 101*75.
^
Orange, Mass.— The town has voted to accept act of Legis
lature which gives it authority to issue $125,000 in bonds for
water works.
F o r o t h e r p r o p o s a ls see n e x t p a g e .
P A C IF IC COAST.
M IN N E A P O L IS .
Commercial .Bank,
Minneapolis Trust Co.,
TACOM A, W ASH INGTON.
M IN N E A P O L IS , M IN N E S O T A .
P A ID -U P C A P IT A L $ 2 0 0 ,0 0 0 .
6 Per Cent Bank Certificates Issued.
8 Per Cent Gold Mortgase«.^
10 Per Cent City, County, State W arrants.
R e a l Estate Loans. Safety Deposit Vaults..
Acts as Executor, Trustee and Guardian.
Gb
The Columbia Nat’l Bank-
697
CORRESPONDENCE SOLICITED.
H . W h e e l e r , Pres. A . B r i d g m a n , Cask.
attax
TACOM A,
Tacoma National Bank,
First National Bank in the City,
T A C O M A , W A S H IN G T O N .
P r e s id e n t.
$ 5 0 0 ,0 0 0
City of Spokane, Wash.,
2 0 -Y E A R 6 P E R CENT
GOLD BONDS.
Interest and principal payable In gold coin of pres
ent standard of weight and fineness.
We commend this loan as a desirable investment
for trust money.
Price and particulars on application.
FARSO N, LEACH & CO.,
CH ICA G O ,
7 3 Dearborn Street.
NEW YO R K ,
2 W a ll Street*
DEPOSITORY FOR WILLS.
P . O . B O X 1 ,0 0 0 .
W A S H IN 6T O N ,
o r g a n iz e d w i t h a s m a ll c a p i t a l, In
o r d e r to h a n d le th e p ro fita b le b u s in e s s
p r e s e n te d , w i l l in c r e a s e Its c a p ita l to
$ 5 0 0 ,0 0 0 , a n d o ffe r s a p o r t io n o f th e
in c r e a s e t o in v e s t o r s a t 1 0 2 p e r s h a r e ,
B o o k v a lu e . T h e 2 p e r ce n t p r e m iu m
w i l l he p la c e d t o p r o ^ t a c c o u n t, a n d
c a r r ie d t o s u r p lu s in J u l y n e x t . T h e
B a n k c o n fin e s its o p e r a tio n s s tr ic t ly to
c o m m e r c ia l b u s in e s s .
T h e a v e ra g e e a r n in g s o f th e N a tio n a l
B a n k s i n th e S tate o f W a s h i n g t o n fo r
t h e p a s t five y e a r s w e r e 1 8 p e r c e n t, as
s h o w n b y th e r e p o r t o f tlie^C om p troller
o f th e C u r re n c y f o r 1 8 9 1 .
F u n d s m a y be se n t d ir e c t to th e B a n k ,
a n d s to c k certificate s w i l l he f o r w a r d
e d a t o n c e . F o r s ta te m e n ts , l i s t o f
s t o c k h o ld e r s , a n d f u r t h e r p a r tic u la r s
ad d ress
H E N R I O L IV E R ,
C A P IT A L , $500,000.
S u r p iu L C.a.Plt. ^
President,
W . B. Blackw
|
Cashier,
ell.
H . O,
f is h b a c k
Cable Address “ T ru st” M inneapolis-
DIRECTORS.
Samuel Hill, President; Thomas Lowry, First VicePresident; H. F. Brown, Second Vice-President;
Daniel Bassett, Third Vice-President; Clarkson
Llndley, Secretary and Treasurer; Isaac Atwater,
Jas. J. Hill. R. B. Langdon, A. F. Kelley, W. G.
Northrup, Wm. H. Dunwoody, C. G. Goodrich, Chas.
Vice-President A. Pillsbury, A. H. Linton, P. B. Winston.
. Ed m
und
R
ic e .
General Banking Business Transacted.
Special Attention to Collections.
Merchants’ Nat’l Bank,
P O R T L A N D , OREGON.
Paid C apital.................................... 8 1 ,0 0 0 ,0 0 ©
ST. LO U IS.
SAM’L A. GATLOHD,
JNO. H. BLESSING.
Gaylord, Blessing & Co.,
BANKERS ANB BROKERS,
J. LOEWENBERG, Pres. JAS. STEEL, Vice-Pres.
I. A. MAORUM, Cashier.
ST . LOUIS.
SELLS SIGHT EXCHANGE AND TELE
WESTERN SECURITIES AND
GRAPHIC TRANSFERS, and ISSUES LETTERS
of CREDIT available thronghout the United States HIQH QRADE MUNICIPAL BONDS
DRAWS BILLS OF EXCHANGE on London,
A SPECIALTY.
Liverpool, Dublin, Paris, Berlin, Frankfort-on-theMain, and all the principal cities of Europe; also on
Hong Kong.
Ed w a r d s W h it a k e r .
. Ch a r l e s H o d g m a m
COLLECTIONS MADE on all accessible points.
SAN FRANCISCO.
The First National Bank
OF SAN FRANCISCO, CAL.
UNITED STATES DEPOSITARY.
C A P IT A L ,
S U R P LU S,
.
-
.
-
.
-
$ 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 , Cashler
e s M o f f i t t , V.-Pres. G. W. Kline , Asst. Cash
Jam
G E N E R A L B A N K IN G BU SIN E SS.
ACCOUNTS S O L 1C IT E D .
Seattle, Washington.
1 0 Per Cent City and County W arrants,
9 Per Cent First Mortgage Loans.
8 Per Cent School Bonds.
Whitaker & Hodgman,
BOND AND S T O C K B R O K E R S ,
3 0 0 N o r t h F o u r t h S tree t,
ST. LOUIS.
Geo. M. Huston & Co.
BOND AND S T O C K
DEALERS.
We buy and sell outright all Western
Municipal Bonds and Stocks. We
cheei fully furnish full and reliable in
formation concerning,any Western se
curity without charge. Monthly quo
tation circular mailed to all applicants,
New issues of municipal bonds wanted.
3 0 5 P IN E S T R E E T , S T . L O U IS , M O .
ATLANTIC MUTUAL INS. CO. SCRIP
CORRESPONDENCE SOBMHTED.
D ealt in by)
The L. H. Griffith Realty A
Banking Company.
AUGUSTUS F L O Y D ,
3 2 PIN E S T R E E T , N E W Y O R K ..
TH E
698
CHRONICLE.
(Y ol.
LTV,
Sing Sing, N. Y.— (S t a t e a n d C i t y S u p p l e m e n t , page 58).
Paterson, N. J .— (S t a t e a n d C i t y S u p p l e m e n t , page 67.)—
Bids will be received by the City Comptroller of Paterson, The issue of bonds for a Sing Sing water supply has been aui
N . J., until April 28 1892 for the purchase of $25,000 of 5 per thorized by the Legislature.
cent city hall bonds, falling due at the rate of $10,000 per
Tacoma, W a sh . - ( S t a t e a n d C i t y S u p p l e m e n t , page 152.)—
annum , beginning with May 1 1895.
This city will issue bonds for a municipal electric-light
For further particulars see adverstisement elsewhere in this plant.
Department.
W a lla W a lla , W ash.— A petition is being circulated in favor
Ponca, Neb.— W ater bonds to the amount of $10,000 have of $150,000 of bonds for water works and sewers. The present
been sold.
works are owned by a company.
Queens County, 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
W axahachie, T e x .—Bonds of this city to the amount of
57.— Bids will be received until April 29 by the Treasurer of
Queens County for $100,000 of an authorized issue of $400,000 $21,000 have been sold to Messrs. Farson, Leach Sc Co. of New
o f 4 per cent gold bonds due May 1 1922. These bonds are a York.
charge upon the taxable property o f the town of Jamaica, and
Westwood, Ohio.— Street improvement bonds of the village
are issued for the purpose of providing a complete system of of Westwood to the amount of $10,000 are offered for sale.
macadamized roads in that town. The assessed valuation of The bonds will bear interest at the rate of 6 per cent and the
Jamaica on a basis of 40 per cent is $7,413,000, and the town s principal will mature $1,000 yearly from May 1 1893 to May
bonded debt is about $35,000.
1 1902. Bids will be received until May 11 1892.
Rutherford, N. J.— The town of Rutherford proposes to
W orcester, Mass.— (S t a t e a n d C i t y S u p p l e m e n t , page
issue bonds to the amount of $45,000 for macadamizing high
ways. A recently-appointed committee of twenty has peti 35 ,)_T h e Finance Committee will receive proposals until
tioned that bonds to the amount of $30,000 be issued for a April 26 1892 for the purchase of registered water certificates
bearing interest at the rate of 4 per cent per annum and fall
sewerage system.
ing due April 1 1922.
Saginaw, Mich.— (S t a t e a n d C i t y S u p p l e m e n t , page 105.)
The funded city debt, including water and park loans, out
— The Council has voted to issue bonds for $30,000 to widen standing Jan. 1 1892 amounted to $3.935,000, and the sinking
Genesee Avenue.
funds, at the same date, to $1,293,491 99, showing a net funded
Salt Lake City, Ut a h — (S t a t e a n d C i t y S u p p l e m e n t , page indebtedness of $2,611,508 01. On the same date the water
143.)— The Finance Committee of this city has recommended and park funded debts, both of which are to be omitted in
the acceptance of the bid of Messrs. Blair & Co. of New York escertaining the legal limit of the funded indebtedness of the
for the city’s 5 per cent 20-year improvement bonds to the city, amounted to $1,300,000. The Assessors’ valuation of W or
cester, on the first of May 1891, figured, as provided by law,
amount of $50,000.
Shelby County, Mo.— Proposals will be received by the a£ the “ full and fair cash value” of the property assessed,
Treasurer of Shelby County, Mo., until May 16 1892 for the amounted to $77,764,919—the average valuation during the
purchase of $22,500 of 6 per cent court house bonds. These last three years being $73,254,973. The tax rate for the year
bonds are to be of the denomination of $500, and they will 1891 was $14 60 on each $1,000 of the Assessors’ valuation. The
mature at the rate of $2,500 yearly, beginning one year after present population of Worcester, according to local authority,
is 90,000.
the date of their issue.
______ CH IC AG O .
CH IC A G O .
CHICAG O.
Title Guarantee & Trust The Jennings Trust Co., The Merchants’ Loan &
1 8 5 D E A R B O R N S T ., C H IC A T O .
Trust Company,
Company
OF
C H ICAG O ,
» » , 9 4 & 9 6 W A S H IN G T O N S T R E E T .
Capital, paid-up.............................$ 1 ,6 0 0 ,0 0 0
Undivided earnings, including
surplus.................................. .
2 2 0 ,0 0 0
Deposited with State Auditor. .
2 0 0 ,6 0 0
GUARANTEES TITLES TO REAL ESTATE.
Offers investors in x’eal estate securities
protection afforded by no other system of
doing business.
Is authorized by law to act as Registrar of Stocks
and Bonds, Executor, Receiver and Trustee for
Estates, Syndicates, Individuals and Corporations,
Trust moneys and trust securities kept separate
from the assets of the Company.
C O R R E S P O N D E N C E S O L IC IT E D .
OFFICERS:
GW YNN GARNETT, President.
A. H. SELLERS, Vice-President.
ARCHIBALD A. STEWART, Secretary.
CHAS. R. LARRABEE, Treasurer.
DIRECTORS:
Chas. W . Drew,
Gwynn Garnett,
John P. Wilson,
W . D. Kerfoot,
Edson Keith.
George C. Walker,
Geo. M. Bogue.
John G. Shortall,
A. H . Sellers.
John DeKoven,
Samuel B. Chase,
COUNSEL:
John P. Wilson,
W . C. Goudy,
A. M. Pence,
A. W . Green,
Illinois Trust & Savings
. Bank.
C H IC A G O , IL L .
C A P IT A L AND S U R P L U S, - $ 3 ,2 5 0 ,0 0 0
IN TEREST A LLOW ED ON DEPOSITS.
This Bank is directly under the jurisdiction and
supervision of the State of Illinois, is a LEGAL
DEPOSITORY for Court Moneys, and is autoorized
to act as TRUSTEE. EXECUTOR. RECEIVER and
ASSIGNEE for ESTATES, INDIVIDUALS and
CORPORATIONS.
OFFICERS:
John J Mitchell, President.
John B. Drake, Vice-President.
W m. H . Mitcnell. Second Vice-President.
Wm. H. Reid, Third Vice-President.
James S. Gibbs, Cash’r. B. M. Chattell, Ass’t Cash’r.
DIRECTORS:
John McCaffery,
John B. Drake,
L. Z. Leiter,
Wm. H. Reid,
W m . H. Mitchell,
John J. Mitchell,
Wm. G. Hibbard,
J. C. McMullin,
D. B. Shipman,
J. Ogden Armour,
Frederick T. Haskell.
CAPITAL, PAID U P , --------
$500,000
S U R P L U S ,.................................$25,000
BANK
CH ICAGO .
C o rn er D e a rb o rn and W a s h in g to n S tre e ts
E S T A B L IS H E D 1 8 5 7 .
NEGOTIATES GROUND RENTS in the City of
Chicago. Takes entire charge of estates. Acts as Capital (paid in ).... .................... $ 2 ,0 0 0 ,0 6 0
agent for the registration and transfer of bonds and S u rp lu s an d undivided pi yflts... 1 ,5 0 0 ,0 0 0
stocks and the payment of coupons, interest and
$ 3 ,5 0 0 ,0 0 0
dividends. Authorized by law to receive and execute J. W . DOANE, President.
P.
VOE. Vice-President
trusts of every character from courts, corporations
ORSON SMITH, Second Vice-President.
and individuals. A legal depository for court and
F. C. OSBORN, Cashier.
F. N. WILDER, Assistant Cashier.
trust funds.
INTEREST ALLOWED ON DEPOSITS of money,
TRU STEES.
J. W . DO A.NB,
which may be made at any time and withdrawn after MARSHALL FIELD,
P. L. VOE
C. H . MCCORMICK,
five days’ notice, or at a fixed date.
GEO. M. PULLMAN.
JOHN DE KOVEN,
A. H. BURLEY,
ALBERT
KEEP,
TRUST FUNDS AND TRUST INVESTMENTS
E. T. WATKINS,
JOHN TYRRELL,
are kept separate and apart from the assets of the LAMBERT TREE,
ERSKINE M. PHELPS.
ORSON SMITH.
Company.
DIRECTORS.
CHAS H. HULBURD,
ANDREW C. LAUSTEN
MAURICE ROSENFELD
SAMUEL D. WARD,
YOUNG.
AZEL F. HATCH,
M. W . KERWIN,
SAAC N. PERRY,
J. R. WALSH,
OTTO
Banking in all its Branches Transacted«
Foreign exchangejbought an sold.
Travelers’ Letters of Credit and Commercia.
Credits issued, available in principal cities through«
out the world. C«b'e transfers made.
J. G. ORCHARD, Mgr Foreten Deot.
A. O. SLAUGHTER, Member N. Y . Stock Exchange
W M. V. BAKER, Member Chicago Stock Exchange
OFFICERS.
I. R. W ALSH, President.
ISAAC N. PERRY, Vice-President.
SAMUEL D. W ARD, Treasurer.
LYMAN A. WALTON. Cashier.
FRANKLIN HATH EW AY. Secretary
J. B. B rkesk, Member New York Stock Exchange
D. M. Cummings , Member Chicago Stock Exchange
Breese & Cummings,
B A N K E R S AND B R O K E R S ,
111 A N D 113 E O N R O E S T R E E T ,
CHICAGO
Securities listed in New York, Boston or Chicago
carried on conservative margins.
Union National Bank,
A. O. Slaughter & Co.,
BANKERS,
1 1 1 -1 1 3 L A S A L L E S T R E E T ,
CH IC A G O , IL L S.
Chicago Securities Bought and Sold.
Herman Schaffner & Co.
BANKERS,
CO M M ERCIAL PAPER
S. W , C o r. D e a r b o r n & M a d is o n S t s .,
CH ICA G O , ILL..
CH ICA G O .
P a id -u p C a p ita l.
S u r p lu s ,
-
-
$ 2 ,0 0 0 ,0 0 0
I t 0 ,0 0 0
Henry C. Hackney,
115 DEARBORN STREET,
A regular Banking Business Transacted. Accounts
of Banks and Bankers, Mercantile and Manufacturing
Firms or Corporations, received on favorable terms.
Foreign Exchange Bought and Sold. Commercial
and Travelers’ Credits, available in all parts of the
globe, issued. Telegraphic Transfers made with all
riucipal European and Domestic Points. United
tates and other first-class Investment Bonds dealt in.
IN VESTM EN T S E C U R IT IE S ,
CORRESPONDENCE SOLICITED.
P a y in g 8 p e r cen t an d 1 2 p e r ce n t f o r s a le
CH ICA G O .
H IG H GRADE
A p r il
TH E
23, 1892.]
%nsnxvLUtz.
O F F IC E O F T H E
W
CHRONICLE.
li
J & X is c je lia u r o tfc s
B ttlV x u z o m .
A sse ts D e c . 3 1 , 1 8 9 1 ....... $ 6 ,7 3 7 ,9 8 8 2 7
S u r p lu s .. . . . . . . . . . . . . . . . . . . . .
6 4 9 ,0 4 1 0 5
1850.
A T L A N T IC M U T U A L
ix
1892.
The United States Life
Insurance Co,
IN T H E C I T Y O F N E W Y O R K .
N E W INSU RAN CE W RIT TE N .
Insurance Company,
,$11,955,157
14,101,654
18,335,665 50 11890.
8,463,625 00 11891.
GEO. H. BURFORD President.
N e w Y o r k , January 25th, 1892.
The Trustees, in conform ity with the Charter
o f the Company, subm it the follow in g state
m ent o f its affairs on 31st day o f D ecem ber,
1891.
Prem ium s on Marine Risks from
1st January, 1891, to 31st
D ecem ber, 1891........................ $3,862,687 97
Prem ’ms on P olicies not m arked
o ff 1st January, 1891................ 1,394,177 87
T otal Marine Prem ium s....... $5,256,865 84
Premiums m arked off from 1st
January, 1891, to 31st D e
cem ber, 1 8 9 1 . . . . . . ................. $3,784,723 36
P. FRALEIGH,
A. W HEELWRIGHT
Secretary.
Assistant Secretary
WM. T. 8TANDEN, Actuary.
The two most popular plans of LIFE INSUR
ANCE are the CONTINUABLE TERM POLICY
which gives to the insured the greatest possible
amount of indemnity in the event of death at th
¡owest possible present cash outlay; and the
GUARANTEED INCOME POLIC 7, which embraces
every valuable feature of investment insurance,
and which, in the event of adversity overtaking
the insured, may he used as COLLATERAL SE
CURITY FOR A LOAN to the extent of the full
legal reserve value thereof, in accordance with the
terms and conditions of these policies.
Good Agents, desiring to represent the Company
are invited to address J . 8 . G A F F N E Y , Super
intendent of Agencies, at Home Office.
Bliss, Fabyan 8e Co.,
Losses paid during the same
P eriod ..............................$ 1 ,8 3 6 ,3 2 5 11
* K W Y O R K , BOSTON, P H IL A D E L P H IA
Returns o f Premi
ums an dE xpenses.$784,790 57
BR OW N
The Company has the follow in g Assets, Tin.:
U nited States and State o f New
Y ork Stock, City, Bank and
other Stocks............................... $7,567,155 00
L oans secured b y Stocks and
2,009,100 00
oth erw ise....................................
R eal Estate and Claims due the
Company, estimated at............
1,083,400 36
Prem ium Notes and B ills Re
ceivable..................
1,425,030 93
Cash in Bank.................................
193,895 88
A m ou n t....................................$12,278,582 17
S IX P E R CENT INTEREST on the outstand
in g certificates o f profits w ill be paid to the
holders thereof, or their legal representatives,
on and after Tuesday, the 2d o f February next.
TH E OUTSTANDING CERTIFICATES o f
the issue o f 1887 w ill be redeem ed and paid to
tbe holders thereof, or their legal representa
tives, on and after Tuesday, the 2d o f Febru
ary next, from w hich date all interest thereon
w ill cease. The certificates to be produced at
the tim e o f paym ent and canceled.
A DIVIDEN D OF FO R TY P E R CENT is
declared on the net earned premiums o f the
Com pany fo r the year ending 31st D ecem ber,
1891, fo r w hich certificates will he issued on
and after Tuesday, the 3d o f M ay next.
B y order o f the Board,
Belling A gents for L eading Brands
and B L E A C H E D S H IR T IN G
and SH EETINGS,
PRINTS, DENIMS, TICKS, DUCKS, * 0 .
A New Coal Field and
Timber District.
The OHIO E XTEN SION o f the NORFOLK &
W ESTERN R A IL R O A D penetrates one o f th6
m ost valuable coal and tim ber districts in th«
United States. The line o f this extension Is
193 m iles in length, from Coal G rove, Ohio,
via K enova, W. V a., to Elkhorn, W. Va., o f
w hich 54 m iles to D unlow, W. Va., is now
opened fo r business and the entire line is under
construction and will he com pleted early in the
fa ll o f 1892. I t passes through virgin country
abounding in gas, splint, cannel, steam, coking
and dom estio coals and flre-elay; chestnut-oak,
white-oak, beech and poplar tim ber. Those
looking fo r advantageous sites fo r the location
o f saw-mills or tanneries and establishments
fo r the m anufacture o f furniture, wagons, agri
cultural im plem ents, wood-pulp, fire-brick or
m anufactured iron articles, should investigate
the resources o f this new field. The new tow n
o f K enova, W. V a., offers m any advantages fo r
the location o f m anufacturing establishments,
also the territory opened up by the N orfolk &
W estern R ailroad on the north hank o f the Ohio
R iver, betw een K en ova, W. Va., and Ports
m outh, Ohio. F or the m anufacture o f finished
Iron articles the district offers unequaled ad
vantages, w ith supply o f coal and Pocahontas
coke on short hauls, and w ith the blast fu r
naces o f the Ironton, H anging R ock and Ash
land district in close proxim ity. Favorable
freight rates m ade upon raw m aterials to all
m anufacturing establishm ent on this line.
fow els. Quilts, W h ite Goods and Hosiery
Drills, Sheetings, die., tor Export Trade.
W IL L IA M H E N R Y C H A N D LE R
W A L D R O N S H A P L E IG H ,
&
Chemical Engineers and
Consulting Chemists.
Chemical Industries Investigated, New Processes
Examined. Plans and Specifications of Works Fur
nished. Also Yearly Contracts for Consultations.
Rooms 9 7 & 9 » , So Broadway, New York.
BOOK.
ACCOUNTANT AUDITED
New forms designed for books of account.
418 Exchange Building, 53 State Street Boston.
S E C U R IT IE S
Wm. G. Hopper 6c Co.,
2 8 SO U TH T H IR D S T ., P H IL A ,'
mission for Cash, or carried on favorable terms.
Interest allowed on balances. Correspondence
solicited.
THOM AS BR AN C H & C 9 „
Send fo
Bought and Hold
L ists.
EO . A. L E W IS & CO., B ankers
io*.
T .i
B i T . I .R
ST R E E T. CH ICAG O .
SECURE BANK VAULTS,
BANKERS
AND COMMISSION MERCHANTS
R IC H M O N D , V IR G IN IA .
Circulars and information on funding the debts of
Virginia and North Carolina free of oost; one-eighth
per cent charged for funding. Southern Railroad
und State and Citv Bonds bought and sold
SOUTHERN
California Securities
OF THE HIGHEST CHARACTER.
GENUINE
W ELDED CHROME STEEL AN D I R O i
In Round and Flat Bars, and 6-ply Plates and Angle
FOR SAFES, VAULTS, &c.
_
,
Cannot be Sawed, Cut, or Drilled, and positively
Burglar-Proof.
CHROM E
STEEL
Sole Man’Pers In the U. S.
B R O O K LYN , N. Y.
JOSEPH G I L L O m
STEEL. PENS.
©OLD MEDAL, Paris
7 Per Cent Debenture Bonds.
8 Per Cent Guaranteed M ortgages.
W. R. T . Johnston,
60 B R O A D W A Y , N E W Y O R K
W ORKS)
exposition ,
188&
THE MOST PERFECT OF PEN&
| R . T . Wilson 8c Co.,
W. H. H. MOORE, Vice-President.
| BANKERS AND COMMISSION MERCHANT 8
IN V E ST M E N T
Stocks and Bonds bought and sold on Com
JOH N D. JONES, President.
A. A . R A V E N , 2d Vice-President
7 PINE STREET, NEW YORK.
Settlement of Insolvent Estates.
TRU STEESs
Charles H. Marshall,
Charles D. Leverich,
E dw ard Floyd Jones,
George H. M acy,
L aw rence Turnure,
W aldron P. Brown,
A nson W. Hard,
Isaac Bell,
N. D enton Smith,
Thom as Maitland,
George L. Nichols,
G ustav Am sinck,
Joseph Agostini,
George W. Campbell,
V ernon H. Brown,
Christian de Thomsen,
Leander N. Lovell.
Hatch 6c Foote,
W M . FRAN K LIN HALL,
J . H . C H A P M A N , S ecreta ry.
J. D. Jones,
. W. H. H. Moore,
A . A. Raven,
Josep h H. Chapman,
James Low,
~Wm. Sturgis,
B epjam in H. Field,
Ja m es G. De Forest,
William Degroot,
W illiam H. Webb,
H orace Gray,
W illiam E. Dod^e,
G eorge Bliss,
Joh n L. Riker,
C. A . Hand,
J o h n D. H ewlett,
Charles P. Burdett,
H en ry E. H awley,
For further inform ation aS to freight rates,
m aps, nam es o f parties to w hom application
should be m ade fo r coal leases, &c., apnly to
JO H S J . A R C H E R ,
Div. Freight Agent, Columbus, Ohio.
Or
C H A S . G. E D D Y ,
Vice-President, Roanoke, Va.
¡13 « 1 1 Street N e w Y o r k .
Jos. C. Platt, C. E.,
CONSULTING E N G IN E E R ,
W A T E R F O R D , N. Y .
Exam inations and Reports for Investors.
TH O R O U G H CIPHER CODE.
Secresy Device Perfect: Copious Blanks: Handy Size
(6 1 .5 0 each.) (6 3 .0 0 p air.) (6 1 5 .0 0 doz.)
GET IT FROM
P U B L ISH E R S,
B U R N Z & CO.
124 Clintcn PI.
or
C. B U R N Z,
5th F loor,
3 3 W a ll St
THE
X.
CHRONICLE,
MERCHANTS
16 TO 22 W ILLIAM STREET,
MEW
L IT . 1
[iwrojciat.
©attiro.
© a ttir a .
W OODW ARD
& ST IL L M A N ,
{Y ol.
Walter 1. Hatch,
H enry Prescott Hatch,
' A rthur Melvin Hatch
Members o f N. Y. Stock and Produce Exchangee.
IN M A N , SW A N N & Co
W. T . Hatch & Sons,
14 Nassau Street, New York.
COTTON MERCHANTS*
YORK.
N ew Y o rk .
COTTON OF ALL GRADES SUITABLE TO
Dealers In Investment stocks and bonds.
Personal attention given at the N. Y. Stock E x
change for the purchase and sale on commission ox
stocks and bonds for cash or on margin.
Interest allowed on deposits, subject to draft at
sight.
WANTS OF AM ERICAN SPINNERS.
L N H U A N , STERN ft C o .,
L E H M A N , D U R R ft CO.
New Orleans, La.
Montgomery, Ala.
LEHMAN
BROS.,
C O M M IS S IO N M E R C H A N T S ,
Henry Hentz & Co.,
COMMISSION
1 6 to 2 2 W i l l i a m S tree t, N e w Y o r k .
MEMBERS OF TH E STOCK, COTTON, COF
FE E AN D PRODUCE E XCH AN G ES,
N e w Y o rk .
Orders exeouted on the above Exchanges as well
as in New Orleans, Chicago and foreign markets.
STRAUSS A CO.,
Savannah and
New Orleans.
STRAUSS & CO.,
Manchester, and at princlpal Cotton Centres
on the Continent.
STR AU SS
COTTON
& C O .,
MERCHANTS
4 8 : B R O W N ’ S B U ILD IN G S,
LIVE R PO 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.
COTTON, COTTONSEED O IL
AND
MERCHANTS,
Kaoni S 2 , Cotton Exchange Building.
NEW YORK
Gustavus C. Hopkins.
Charles D. Miller.
Lucius Hopkins Smith.
Samuel Hopkins.
Crenshaw & Wisner,
1 6 & 1 8 E x c h a n g e P la c e , N e w Y o r k .
C O M M IS S IO N M E R C H A N T S .
at the NEW YORK COFFEE EXCHANGE, and
G R A IN
AND
at the NEW YORK PRODUCE EXCHANGE and
the CHICAGO BOARD OF TRADE.
General Commission Merchants.
Members New York Cotton Exchange, New York
Produce Exchange, New York Coffee Exchange,
Chicago Board of Trade.
Orders executed on any of the above Exchanges,
also for purchase and sale of cotton for future de
livery in New Orleans and Liverpool. Liberal ad
vances made on cotton consignments.
P R I C E , R E I D Ac CO.,
N o r fo lk , V a .
P R I C E , R E I D & A D A M S , L im ite d .
C h a rle sto n , S . C.
Execute orders for cotton for foreign and domestic
shipment.
Geo. h . Chubch , Special
J. O. BLOSS & C O .,
C O TTO N
22
W. D. Rountree & Co.,
COMMISSION MERCHANTS,
C O T T O N E X C H A N G E B U IL D IN G , N E W
Y O R K , and N O R F O L K , V A .
COTTON, COFFEE, GRAIN, PROVISIONS AND
STOCKS.
Orders executed in New York, Chicago & Liverpool
Geo. H. McFadden& Bro.
MERCHANTS,
SUCCESSOR TO
MANUFACTURER AND DEALER IN
C O T T O N S A IL DUCK
A N D A L L K IN D S OF
COTTON CANVAS FELTING DUCK,
CAR COVERING, BAGGING,
RAVENS DUCK, SAIL TWINES,
" ONTARIO ” SEAMLESS BAGS,
“ AWNING” STRIPES.
A
lso, a g e n t s
U N IT E D S T A T E S B U N T IN G CO.
A full supply, all Widths and Colors, always
took,
N o . 1 0 9 D u a n e S tree t.
Gearless, Single Reduction
AND
SLOW SPEED, MULTIPOLAR R A IL .
W A Y DYNAMOS.
LINE APPLIANCES FOR COMPLETE.
OVERHEAD CONSTRUCTION.
C L E V E L A N D ,
N ew
P H IL & D E 1P H IA «
LIYMRPOOL COBBISPONDENTS,
J
way Company.
Double Reduction Motors»
W illia m Street,
NEW YORK.
F R E D E R I C Z E R E G A ft CO.
B r i n c k e r h o f f , T u r n e r A C o .,
The Short Electric Rail
M E R C H A N T S ,
RICHMOND, YA.
Standard Brands o f Floor for Shipment to Warm
Climates always on hand.
J. Spencer Turner,
Members o f New Yorkand Boston Stock Exchange#
COTTON EXCHANGE BUILDING,
NEW Y O R K .
THE H A X A L L CRENSHAW CO.,
OF VIRGINIA.
High-Grade Pyrites, free from Arsenlo.
HIGH GRAPE INVESTMENTS
Hubbard, Price & Co.,
COTTON
SULPHUR MINES COMPANY
MASS.
P R O V IS IO N S
Members o f the Cotton, Coffee and Produce Exch’s.
GENCY OF
BOSTON,
C O F F E E
SO U T H E R N PRODUCE
COMMISSION
BANKERS AND BROKERS
G O T T O K
at the NEW YORK, LIVERPOOL AND NEW OR
LEANS COTTON EXCHANGES. Also orders for
j . o . B loss.
Hopkins, Dwight & Co.,
F. H. Prince & Co.j
EXECUTE ORDERS FOR FUTURE DELIVERY
No. 40 Exchange Placed
{N E W Y O R K .
MERCHANTS,
Fifth Avenue Hotel,
H a d iso n S quare, N E W Y O R K .
The largest, best-appointed and most liberally
managed hotel In the city, with the most central
and delightful location.
HITCHCOCK. DARLING ft CO.
Ma s s a s o i t H o u s e ,
S P R IN G F IE L D , M ASS.
THE BEST-APPOINTED HOUSE IN WESTERN
NEW ENGLAND.
Convenient for the tourist or business man. Near
Union Depot.
W . H . C H A P IN .
Y ork
O ffice,
35
O H IO .
W a ll
S tr e e t»
Way land Trask & Co.*
B A N K E R S AMD B R O K E R S ,
1 8 W a l l S tree t, N e w Y o r k .
Transact a general hanking business, including
the purchase and sale on commission o f seonritie
dealt in at the New York Stock Exchange.
W A T LAND T R A SK ,
THEO D O BK B A L D W IN ,
A L F R E D N . R A N K IN .
E. D. Shepard & Co.,,
SUCCESSORS TO
AU G . T . POST, Banker,
D R E X E L B U IL D IN G , B R O A D S T ., N. V
Cahoone & Wescott,
State. Conntv and City Bonds.
Members New York Stock Exchange,
Geo. Copeland & Co.*
18
W ALL
STREET,
Government and Investment
Bonds.
Stocks and Bonds Bought and Sold on Commission.
COTTON BROKERS,
129 P E A R L S T R E E T , N E W Y O R K »
Cotton landed at Mills from Southern Market,
specialty.
@FedFRASER