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MAGAZINE,

MERCHANTS’

HUNT’S

DUwtfjnipe*,

$

AND COMMERCIAL INTERESTS OF THE UNITED STATES.
[Entered, according to act of Congress, in the year 1882, by Wh. B. Dana & Co., in the office of the Librarian of Congress, Washington.
RELENTING THE INDUSTRIAL

RE

THE
The Financial Situation
The Railroad Commission Bill
and Civil Service. Reform ...
At. Topeka & Santa F« Report.

Erie’s Purchase of the Cincin¬
nati Hamilton A Dayton

Packing

Pork

for

1882
THE

CHBONrCLE.
Ireland

471

ised

473

Monetary

475

Commercial and Miscellaneous

BANKERS’

477

News

478

GAZETTE.

Railroad

480

THE

English News

New York

and

Q lotations'of Stocks and Bonds

476

475

Foreign Ex¬
change, U.S. Securities, State
N. Y.

Commercial

and

474

Money Market.

and
Railroad Bonds
Stocks
Range in Prices at tlie
8toVk Exchange

Her Troubles—
Legislation Prom¬

and

Further

February was near¬
ly 2J millions, and for March must have been several times
that, while since April came in the heavy imports and small
exports at New York indicate a still less favorable con¬

balance

CONTE NTS.

Summer

481

Local Securities.... 483
Earnings and Bank

Returns
Returns of National Banks....
Investments, and State, City
and Corporation Finances...

484
485

486

4 82

COMMERCIAL TIMES.

496

490 I Breadstufts
490 I Dry Goods

Commercial Epitome
Cotton

497

%\u Chronicle.
The Commercial and Financial

Chronicle is issued every

Satur¬

day morning, with the latest news up to midnight of Friday.
| Entered at tlie Post Office, New York, N. Y., as second-class mail matter. J

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TERMS OF

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subscriptions and advertisements will be taken
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ings, where

WILLIAM B. DANA.

\

JOHN Q. FLOYD.

}

THE

“We have

NO. 879.

SATURDAY, APRIL 29, 1882.

VOL. 34.

no

Build¬
at the

WILLIAM B. DANA Sc 00., Publishers,
79 & 81 William Street, NEW YORK.
Post Office Box 958.

FINANCIAL SITUATION\
decided change to record in the

situation

against the United States for

that Europe,
aside from the purchases of securities, which we are per¬
suaded have not been large, is in a condition to take gold
in considerable amounts from us at any moment, and the
only reason why it has not been taken to a greater
extent is because money is at present a drug in Europe,
and there is nothing to be done with it when it gets there.
While this uncertain condition lasts, the feeling among con¬
servative classes cannot fail to be one of quiet waiting.
Tn the meantime foreign exchange remains just below
the danger line, not justifying shipments, but permitting
them.
Public attention has been mainly directed to the
rates for sterling, and Continental exchanges have, as it
were, escaped notice.
The latter are, however, now closer
to the gold-exporting point than they have been for months.
It is not impossible that some of the foreign bankers may
be compelled shortly to resort to shipments direct to the
Continent, being unable to procure bills for remittance at
A large portion of the goods
sufficiently low rates.
we have been
importing of late has come from the
Continent and hence the demand for remittance in settle¬
ment.
There is very little commercial sterling making,
the supply of bankers’ bills is very light, and easy money
in London has stimulated the demand for long sterling to
such an extent that the market is quite bare of almost
everything of this character.
Thus, the condition of the market being so near the
gold-shipping point, it requires only a very slight demand
to advance it. The rates for sterling have been kept down
only by considerable exertion.
In the latter part of
trade movement. This shows

dition of the

March they were partially depressed by the sale of bills
during the past week.- The business of the country continues
borrowed for the purpose of aiding the stock speculalarge in volume, railroad earnings indicate increasing gross
Since then there has been a
t’on at that time.
totals, crop prospects are still highly favorable and money
moderate
supply from transactions by cable in se¬
is

plentiful; but, on the other hand, the profits of business curities
in general smaller than they were a year ago, living
gin of
expenses have increased by reason of our short crops

are

so

that labor is

somewhat disorganized,

and our foreign

Altogether, there¬
fore, while the feeling is very hopeful as to the future,
there is a decided disposition to await events and not to

trade movement is very

unsatisfactory.

discount them.
A reminder of

the critical

situation of the foreign ex¬

received this week by the export of
gold. Such shipments cannot
cause surprise as long as imports remain so large, for it
is well understood that exports must continue small until
the new crops begin to be marketed. The merchandise

changes has been
250 thousand




dollars of

these
cant.

explained last week, but now

as

profit is so far reduced

the mar¬

that it is probable

transactions in future will be comparatively insignifi¬
A decided renewal therefore of the outflow of gold

is not at all

improbable.

In fact, it would seem a

likely

diminution speedily. So
far as the money market here is concerned, the outflow
could not come at a better moment, for the demand for
loanable funds is small while the supply is large and is
likely to be further replenished by Treasury operations
and the interior movement.
The following table shows
the relative prices in London and New York of bonds

event

unless

our

and stocks at the

imports show

opening each day.

5TZ

1x1 Xi
April 24.

April 25-

Lond'n jv.f.

April 26.

Lond'n N.Y.

Lond'n

N.Y.

April 27.
Lond'n

i;HliUCNll

April 28.
Lond'n Ar.r.

N.Y.

prices* prices. prices.* prices. prices* prices. prices.* prices. prices* price 8.
U.S.4s,c.

121*04

131H 121*64

121&

12104

U.8.3>6s

101-70

102

102

101-79

357r

Erie

2d

con.

93-83

Ill. Cent.

13507

10179

36>fc

37*24

04

93-83

N. Y. C..

12701

135^ 130-40
127*4 128-3.8

Heading

28-42*-

2$ 781

37*4
mt

80-75

136*4

130-46

127**
57*4

12704

*

121%
102%
36*4

03-83

95

130%
120*6

28-00+

57

12127

121M

121-03

121

101-79

102

10192

102

30-26

36«
94*4

04 08

36 20

36 >4

04/8

135 97

136

135.85

94*4
130*4

127 15

120*6

127-89

12714

28*781-

57*6

28-42!

57

Exch’pe,
cables.
*

4-00

As

!

4-90

4-90

Expressed in their New York equivalent.

•+ Reading

>

4-90

4-90

on basis of

$50,

par

value.

[VOL. XXXIV.

being made by the Gowen-Garrett party to get control of
by electing a board of directors, and an election

the road

has been

called for

next week

under

a

law of

the State

which, it is asserted, permits such election to be held, pro¬
a company
fail to call it. This
step, it is feared, will result in litigation, and the affairs o t-+,
the road kept in a state of confusion for some time.
After the break in Central New
Jersey the market
gradually recovered, and it was generally strong until
Wednesday. Then prices fell off in the afternoon, proba¬
bly by reason of the fact that the short interest in the
vided the directors of

continues in abundant supply market had been well closed out, and doubtless the decline
and the prospects are good for the condition
remaining was aided by the publication of the report of the Pennsyl
much the same during future weeks.
On Monday the vania Railroad Company for March, and for three monthsTreasury will commence the disbursement of $3,513,150 ended March 31st. No explanation of. the large increase
for interest on the extended 5s ; on Wednesday a call for in expenses
accompanied the report, ami the exhibit, there¬
$5,000,000 bonds will mature, and on the 10th and. 17th fore, appeared very discouraging. It is claimed, how¬
calls for similar amounts will fall due.
The domestic ever, that it is the custom of the Pennsylvania Rail¬
movement also continues in favor of this centre.
The road to
charge portions of new work to expense
only disturbing influences are the possible gold shipments, account, and that this course has been in
some
which we have already remarked upon, and the action of measure pursued rn the matter
of the new depot at
Congress with regard to bank charters and currency bills. Broad Street, Philadelphia, and for the elevated
Some Congressmen are reported as saying that it is of no road in that
city, &c. ; further, that the open winter has
importance whether the act enabling banks to reorganize allowed a much greater amount of work to be done than
is passed or not, as they have just discovered that banks
usually, so that certain items, of expense that in former
can
reorganize under the law as it now stands. That fact years were distributed over six months have this year been
Comptroller Knox stated very plainly in his report at the distributed over only three. This and the fact that rebates
opening of Congress and everyone except the Congressmen on freight between contract and schedule rates—on the old
who have just discovered it, knew it.
Mr. Randall's reso¬ contracts not yet expired and made during the railroad
lution of inquiry respecting the mode of
proceeding by war—are charged to expenses, give, it is supposed, an
Jffie Second National Bank of Cincinnati is all well enough, explanation for the large increase in the expense account.
though he might have found a bank nearer Washington On Thursday the market was very dull, but in the after¬
that has done the same thing.
noon there was a
recovery in prices, although it was evi¬
But this possibility of making the
change without Con¬ dent that the trading was confined to the Exchange, and
gressional help, does not affect the duty of Congress, and that there was comparatively little outside speculation.
does not affect the question in any way except to the On Friday, the market opened
strong, - but on the an¬
extent that business will thereby be saved from harm even nouncement that some of the
foreign bankers had raised
if the enabling act is not passed.
Many banks will, how¬ the rate for sterling, it became weak, and stocks generally
ever, find it'impossible to reorganize as the law now declined.
stands because they cannot get the requisite assent of the
Domestic exchanges continue in favor of this centre at
stockholders.
For these particularly the enabling act is all points, except Boston, and there the rate is
tending up¬
required, since the people cannot afford to lose any bank¬ ward. The Tieasury operations for the week have re¬
ing capital, and for all the others 'whose charters are sulted in a loss, which is a gain to the banks, of $399,.
expiring it is needed so as to save them trouble and save GS9 97. The following will show, the interior raovethe business of the country from all
possibility of dis¬ ment-.
turbance therefrom.
It is certainly a poor
commentary1
Received.
Receipts at and Shipments from X. F.
Shipped.
on the wisdom of our representatives
that they should thus
$2,033,000
$430,000
haggle over this measure which no one has been able to Currency
Gold
207,000
492,000
find any objection to except the
bugaboo which lies hid
Total
$928,000
$2,290,000

already stated,

money

.

under the word “bank ” in it.

a

better

We trust it will meet with

reception than heretofore when called

up on

Mon¬

this week.

On

day next.
The

stock

market has

been variable

on

the

bonded debt.

This statement

appearing

simultaneously with that made by the receiver to the
Chancellor, representing that the company was in such a
financial

condition

as

to

render

the continuance of the

receivership desirable, induced free sales of
since then the market for it has been

the stock, and

feverish

lower

of

America received

$800,000 gold during
paid out $300,000.
doubtless very nearly re¬

the week fox'tlie associated banks and

Last

Saturday last Central New Jersey was sharply depressed
by the aid of a statement showing that the floating debt of
the company was about 2-\ millions and that the net earn¬
ings during 1881 had no.t been sufficient to meet the
interest

The Bank

week’s bank statement

flected the actual condition of the
this

banks.

fact, the following will give an

Considering
indication of this

week’s return.

-

Into Banks.

Sub-Treasury operations, net...
Interior movement
Gold
’

exported this week

Total

*

,

$399,690,'

Out of Banks

Net Gain.

$39.9,690
1,362,000
t65U,000

$

2,200,000.

928,000

!

'030,000

$2.839.$1,578,000

$1,111,099
exchange

Iiu*liifies $100,000 Kt nt to Canada-, said to be simply an
opera i >n, but an it is a loss to our banks, we deduct it licie.
t Loss.

The Bank of

England reports a gain of £141,000 bullion
than has been recorded for it in two years. during the week. The Bank of France shows an in¬
however, that the statement regarding the crease of 0,400,000 francs gold and of 100,000 francs
floating debt, above referred to, was made up from a silver, and the Bank of Germany since last report has
sworn exhibit which was
prepared for the New Jersey State gained 6,700,000 marks.
The following shows the
amount
of
bullion
in
and
that
does
include
authorities,
it
not
the operations of
the principal European banks this
the company except in that State.
week
and
at
the corresponding date last year.
An effort is now
on

range of prices
It is claimed,




/

a

April 27, 1882.
'

Cold.

Silver.

Gold.

Silver.

£

£

£

£

Total this

see

66.211.292 G7,079,168

week

65,730,542

previous week —

[157,320,008 70,553,608

66,823,916^57,075,605

70,362,550

gold and silver division of the stock of coin of the Bunk
of Germany is merely popular estimate, as the Bank itself gives no
information ou that point.
Tlie above

r

Dayments by the Assay office through the SubTreasury during the week amounted to Si07,073.
The
4ssistant Treasurer received the following from the
Custom House.
The

Consisting ofDuties.

Date.

Gold.

April 21

.

....

It

oo

«

24....

“

25....

“

26

“

27....

...

Total...

47

74

$234,000
119,000
351,000
276,000
231,000
171,000

$2,026.7*0 21

$1,388,000

$332,000
175,346

46
71

52

4,422
415,153
317,973
261,879

52
31

U. S.

Silver

Silver

Notes.

Dollars.

Certificates.

$14,000

■

......

if every one should be able to

be

harmful. We are not arguing now
injustice of such interference with
vested rights, but simply of the
delicacy of the work the
State is undertaking, and hence the need for extreme
carefulness and unquestioned integrity in execution.
Then, again, we all know how intimately our entire
commerce

and railroad

system—one

being the life of the

other—are connected,

and what nice questions would,
therefore, await the decision of a railroad commission
affecting all our material interests. New York Stato in¬
dustries are peculiarly situated in this
respect, presenting
very complex problems for adjustment; the State pro¬
ducer of
food and manufactures, the Western
pro¬
ducer of food, the home consumer and distributer and
foreign shipper,' and added to these, the competition
of rival lines to other cities, have each their
special interests
to be served in the rates
for■,freight to be named, which,
if served, must in some
respects prove adverse or hostile
to the others.
How can these problems be met and
correctly solved, except by men of wide experience and of
unbiased judgment.
And if they are not so treated,
what confusion might not our whole commerce be thrown
into.
This danger is not overdrawn.
Any one who has
studied these questions knows their
nicety and importance.
But notwithstanding the truth of all
this, what is the
-

$82,000

5,000
24,000
22,000

$1,000

6.000

1,003

10,000

1,000

1-46,000
116,000
78,000
80,000

$81,000

$4,000

$553,000

1,000

would

as

very
with reference to the

23,777,427
26,403,253
35,367,115 45,878,918 23,795,755 49,120,608
7,066,750 21,200,250
7.121,000 21,363,000

Bank of England
Bant of Franco
Bank of Germany

Total

lent influence, it seems

April 28,1891.

51,000

reported from Washington that on Monday next the
Secretary of the Treasury will issue a call for the “unpaid*’
6s of 1881. This probably means that the uncalled balance
of the loan of July 17 and August 5, 18G1, amounting to condition of the discussion of
the Railroad Commission bill
about $12,045,300, will be called on that day. The Govern¬ at
Albany ? Is it not evident that the struggle there has de¬
ment bond market was heavy for 4 per cents this week. The
veloped into a political contest simply ? Is not the sole issue
explanation is that speculators in these bondsbeeair.e alarmed now, which side or clique shall have the
naming of the Com¬
at tbe prospect that (Congress would defer action on the bill
missioners so that his party or faction
may use them, and
extending national bank charters and they feared that t his through them the railroads for election
purposes ? Mem¬
would result in a surrender of circulation and the sale of bers of the
Legislature do not hesitate to say this openly
the bonds held as security for notes
including the 4 per in debate, and it is the common gossip of the day, as well
cents.
As the market fell, investment purchases checked
understood among politicians as the wink
they give when
further decline and the tone is now stead v.
they talk about civil service reform. We must con¬
fess that we never expected
anything different and can
THE RAILROAD COMMISSION BILL AND CIVIL
hardly understand how any one could, especially when
SDR VICE REFORM.
the foremost champions of the bill are the
representatives
The squabble—we can dignify it by
no higher title—at of a New York political society which has been more
present in progress at Albany over the Railroad Commis¬
corrupt in its history and less a conservator of tke rights
sion bill, illustrates
very clearly the validity of many of the of the people than any other
organization ever existing
objections we have from time to time urged against any here.
Anti-monopoly is, we suppose, a good enough
legislative action on this -subject.
The existence of rallying cry to be used for party purposes, but when
grievances growing out of railroad operation no one adopted by such a crowd it
ought not to deceive any one
disputes.
A great commercial force, touching in¬ except the very
ignorant, as it has so much the appear¬
dividual interests at so
many points, could not be worked ance of a Ruck caricature.
It is

without friction
to do so.
The

even

with every manager

honestly seeking
only question worth considering is, how¬

ever, whether Government interference will relieve or
embarrass the situation; and in the decision of that
ques¬
tion the
gossip and debate at Albany become very impor¬
tant

revelations.

But what

are

we

understand is meant

to

by putting

railroads under the control of a Government
commission ?
Does it not mean an
arrangement for outside direction of
the two most sensitive
elements in our commercial
organi¬

sation?

If this be true,

and

no one can

dispute it, it is

scarcely necessary to say that the utmost
delicacy in man¬
agement is required to avoid
doing harm. For instance,

we want

it is

money to flow into railroad construction freely ;
doing so now, and we do not desire to arrest the

movement.
toat

purpose

capital

We have

a

vast

we seek to

at our command.

the movements
and

territory to develop, and for

foreign as well as domestic
Clearly, therefore, in regulating

put
u

earnings of capital as applied to railbring to the subject the best talent and
the purest
endeavor we can obtain.
Anything like preju¬
dice or
ignorance, and. worst of all, anything like fraudu¬

roads,

we need to




There are, however, many sincere believers in the
policy
of the State taking charge of railroads—of such we would

ask, do not these discussions and revelations at Albany
help to put this question in'a clearer light ? We have heard
much about the power of railroads in
politics, but, by
confession, here is to be a new arrangement to simply
concentrate that power and thus make it more obedient
to the will of the
party organizer. For working the
machine, it is not necessary that there. should be any
actual corrupt bargain that can be disclosed or traced back
to any officer.
All that is neoessary is for the party col¬
lector to go around among the railroads
pretty much in the
same manner as he does now
through the Custom House.
The employee there, knows the
brevity of his official life
in case he should fail to respond with his
proportion. So
we suppose
the invitation to the railroads would have its
alternative, well understood though not expressed. Our
insurance companies can explain the process more
clearly
perhaps or at least more feelingly than we can. Is any
sincere
advocate of civil service reform willing to
have this new machine put in
operation? It is repre¬
sented that the railroads have in good part withdrawn

wearing out, compelling repairs to be prosecB
great vigor. In fact, no less than 321 miles of track
were renewed with steel during the year; and besides
that
their liberty.
the number of ties was increased, stone ballast was substi¬
But the most serious objection to State interference, at
tuted. where necessary, and cars and locomotives were made
least in New York, is the connection which is thus estab¬
more serviceable.
No wonder,, therefore, that expenses
lished between our most important material interests and

opposition since this new phase in the plan was
developed, thinking it the cheaper device for purchasing

their

were

fast

with

To conduct and manage railroads successfully, appear swelled. The total increase for the year in the
we need practical business talent
of the highest order ; expense account was, as stated above, $3,694,621, and of
this $924,844 represents the increased amount spent for
but the State proposes to appoint men to do it, because
they vote and work politically for certain other men. All repairs of roadway and track, $935,808 the increased

politics.

our

commercial ventures

are

affected

one

way or

another

renewal of track, and $403,356 the increase
in renewals of equipment and motive power,
amount for

making
by railroad regulations, which would not be served but
$2,264,008 in these three items alone. This was entirely
crippled by uniformity ; they are too complex and diverse
A New York City grocer may want regula¬ independent of the five and a-half millions spent for new
for that.
construction and equipment and charged to construction
tions which would wipe out of existence every wholesale
account.
How far these extraordinary expenditures will
grocer in the interior. The New York State producer of
be necessary in the current year, it is of course impossible
wheat and corn would l'ike rates which would throw all
for us to say, but the directors’ report seems to lead to the
the foreign shipments of these articles through Philadel¬
belief that' they will continue large for another yearphia and Baltimore. These and very many other opposing
and it is stated further that the improvements and equip
interests require careful judgment, business familiarity and
ments are far from complete, and that $4,712,500 stock
unquestioned integrity; but we are going to relegate them
sold under circular 55 will be applied to this purpose.
to the realms of politics, not to be settled by commercial
To the year’s net earnings of $4,546,682 there was
men, in the interest of our State’s commerce and of in¬
dividual rights, but to be held in doubt as threats over added $229,837 as “rebate and balance of miscellaneous
railroad officials to extort money for political purposes. accounts,” making the total income $4,776,519, out of
And all this we are called upon to accept at the beck and which was paid $1,803,427 for fixed charges, leaving a
This is equivalent to about 12
bid of Tammany’s high priest under the comfortable 'balance of $2,973,092.
per cent on the amount of capital stock outstanding at the
assurance that it is—anti-monopoly !
beginning of the year and about 6 per cent on the amount
ATCHISON
TuPEKA
SANTA
FE
REPORT
THE
dc
outstanding at the close of the year.' Only 5£ per cent
Probably no recent railroad report furnishes such was paid from the net earnings (including the 1£ percent
decided evidences of growth and progress as that of the paid February 15, 1882) and a surplus of $1,132,072
Atchison Topeka & Santa Fe, just issued.
Considering carried forward. Besides these cash dividends stock*
the character of the country traversed and the rapid holders also received in October last a stock dividend of 50
development which it is undergoing, it was to be expected per cent. • Prior to this stock distribution, dividends had
Now they are at
that the road’s business would steadily increase; but there been at the rate of 8 per cent a year.
the
rate
of
6
per cent.
The following table will show
are very few, we imagine, even among those most sanguine
as to the road's future, who would have ventured to predict
mileage, earnings, stock and debt for eight years past.
that while the company was all the time adding to its
Miles
t Funded
Net
Gross
at End of
Capital
Tear.
mileage and taking in districts capable of affording only a
DM.
Stock.
Year.
Earnings.
Earnings.
light traffic to that mileage, the average earnings per mile
$13,949,000
*

(embracing, of course, this new mile¬
age and tending to diminish average earnings), would, in a
single year, show a rise of $1,185 on every mile of road
operated. Yet this is precisely what the report before us

•on

the entire system

shows.

earnings were $8,556,976, in 1881 $12,584,508, an increase of $4,027,532, or more than 47 per
cent. This illustrates how rapidly the traffic of the system
is developing.
It represents, however, only gross results.
Of course, net results are not equally exhilarating. They are
satisfactory, however, though not what one would be led to
expect fromf the character of the gross exhibit. Includ¬
ing taxes and insurance, in 1880 the road was operated
at 50| per cent of the gross earnings ; in 1881 the percent¬
age was increased to 63-87.
Total expenses rose from
$4,343,205 in 1880 to $8,037,S26 in 1881, or $3,694,621,
leaving net only $332,911 greater ihan in the previous year
The explanation of this large increase in expenses is
found in the fact that a considerable part of the road was
originally constructed with the idea that traffic for some
time to come would be light.
The company was entirely
unprepared for any such business as it is now doing. As
a consequence, portions of the structure have been sub
jected to a greater strain than they were meant to stand/
Rails proved to be too light, ties insufficient, ballast not
strong enough nor deep enough. Cars also and motive
power were unsuited to the purposes they had to serve.
Hence under the heavier traffic, track and equipment
In 1880 gross




1874....
1875....
1870....

1877..:.
1878....
1879....
1880....
1881....

,

$623,050

$8,615,000

2.486,582

743,928
1,188,244

1,167
1,539

2,679,106
3,950,868
6,381,442
8,556,976

1,219,603
1,909,395
3,414,477
4,213,771

8,615,000
8,615,000
8,615,000
8,615,000
12,634,400

1,789

12,584,508

4,546,682

503

$1,250,805

711
711

1,520,358

786
868

13.940.500

14,179,000

14.230.500
14.175.500
14.136.500

15,795,000

24,891,000
47,162,700

Above operating expenses, taxes. &c., but not above
t Not including Pottowatomie bonds or notes payable.

*

••

20.432,000

rentals,

and mileage have
increased largely, stock and debt have also increased, stock
especially. At the end of 1878 only $8,615,000 of stock
was
outstanding. At the end: of 1881 this had been
swelled to over 47 millions.
During 1880 alone $22,271,700 was added, $15,720,900 on account of the stock divi¬
dend, $6,267,400 sold for cash early m the year, and $283,400 in exchange for bonds, &c.
The increase is still going
on. At the time the shareholders were paid the stock divi¬
dend they were also allowed the privilege of subscribing
for new stock for cash to the extent of 15 per cent of their
holdings. The first payment on this 15 per cent increase
was not due until January 9 in the
present year, so the
additional amount does not appear in the table above,
which is of date December 31.
A further increase is
also necessitated by the purchase of the Sonora Railway of
Mexico, made since the close of the fiscal year.
When all this stock has been issued, the total outstand¬
ing will be $56,931,700.
In some of the Boston publica¬
tions the amount is given at $68,000,000 and the same
figure appears on the New York Stock Exchange list,
the above is the correct total as kindly telegraphed to u*
It will be noticed that

while earnings

buu

*

April

THE

29, 1882. |

CHRONICLE.

Geo. L. Goodwin, the Assistant Treasurer, at our
request. Mr. Goodwin further states that one million of
this, on account of the Sonora purchase, will not be issued
till towards the close of the year.
Taking the full amount,
a six per cent dividend would call for $3,415,902.
The
bonded debt given in the table does not include the bonds
of the leased roads, aggregating $11,348,000.
On these
and its own debt the Atchison will have to pay for inter¬
est and sinking funds $1,910,855.
Adding this to the
$3,415,902 for dividends (which is above the amount re¬
quired, because in part calculated on stock not yet issued

"by Mr.

6781

475

Chicago & St. Louis people made a purchase of their own..
Mr. Jewett bought the stock held by the pool, alluded to
last week, and said to aggregate more than twenty thous¬
and shares.

But the Cleveland Columbus Cincinnati

&

Indianapolis held a large block of the same stock (9,199shares) in its treasury, and this, Mr. Vanderbilt, conclud¬
ing he had no further use for, has now, it is announced,
sold to the Seney party, representing the New York
Chicago & St. Louis.
As the capital of the Cincinnati Hamilton & Dayton
consists of 35,000

shares, Mr. Jewett of

course

has

a

clear

calling for dividends) we get a total re¬ majority and will elect the next board of directors.
quired of $5,326,757. The net income for 1881 was But the interest of the Seney party is probably suffi¬
$4,776,519. So that even if expenses should continue as ciently large—they are said to have secured enough ad¬
heavy as last year and the gross earnings be no larger, the ditional outside stock to give them 10,000 shares in
and therefore not

company would fall only $550,238 short of the amount
called for in 1882.
It is almost needless to say, however,
that the gross

earnings are not stationary.

quarter of the year has
crease of $1,044,000.

Only

one-

passed and already there is an in¬

The traffic statistics in the

report are meagre.

Only the

and tons of freight carried is given.
peculiarity in the Atchison’s freight movement is the
large excess of westward shipments over shipments east¬
ward. On the trunk lines, as we all know, quite the con¬
trary is the case, east-bound shipments preponderating
largely. Even on the Atchison the eastward movement
number of passengers
One

exceeded the westward movement as late as 1878, and in

all—to

insure

board.

Should

for

them

representation on the
the New York
Chicago & St. Louis will gain a feeder in advance of the
completion of its line. As said last week, to the Erie the
Cincinnati Hamilton & Dayton is chiefly important as fur¬
nishing an outlet to Cincinnati. The Erie, with its ally
the New York Pennsylvania & Ohio, reaches only to
Dayton, so that the Cincinnati Hamilton & Dayton sup¬
plies the piece of road necessary to reach Cincinnati. But
the Dayton system extends beyond Cincinnati, all the way
on to
Toledo.
The Erie not touching Toledo, to whom
should the traffic carried to that point over the Cincinnati
Hamilton & Dayton be given ?
At present, doubtless
the
Lake
Shore
gets
the greater share of it.
After the
New
York
Chicago & St. Louis is
completed, it would seem optional with Mr. Jewett to
this

be

a

the

case,

previous years it was but little smaller. Since
1878, however, the westward movement has been gaining
rapidly, while the eastward movement has made but slow
progress. Compared with 1878 freight moved east shows deliver the traffic either to that road or to the Lake Shore.
an increase of only 47,383
tons, while freight moved west With a voice in the management of the property it is to be
shows an increase of 508,014 tons.
Shipments east consist presumed that the former will get it. It would seem,
largely of products of the soil, live-stock, etc. Shipments therefore, as if the New York Chicago & St. Louis could
west consist of building materials, supplies, etc., and the derive even greater benefit from the road than the Erie.
great increase here indicates that the demands of the new The Erie secures an outlet to Cincinnati. The New York
settlers are very heavy, and in part, it also, no doubt Chicago & St. Louis secures not only that, but also a hold
reflects the large amount of railroad building taking place on traffic coming to Toledo.
in the Southwest.
It is stated that the Seney party paid $75 a share for
Shipments of lumber are going
forward in large quantities.
On the other hand, the their stock. I f this is correct, then on the face of it they
volume of grain in the east-bound movement is expanding have made a better bargain than did Mr. Jewett, who is
but slowly.
In 1879 and 1880 the crops in Kansas were said to have agreed to pay par for his. But it is to be
poor.
In 1881 they were somew7hat better, but a smaller remembered that Mr. Jewett was buying not only a block
proportion than ordinarily went forward, there being an of stock, but with it a controlling interest in the road,
enlarged local demand. The following table will show which he now possesses. It is reasonable, therefore, to
the passenger and freight figures since 1873.
suppose that before so shrewd a man as the President of
Erie gives the Chicago road the traffic arrangement it
Tons of Freight Moved.
!
Passengers Carried.
Tear.
wants he will exact an equivalent for his greater interest
Total.
Total.
East.
West.
| East.
| West.
and larger cost.
The Cleveland Columbus Cincinnati &
1874
32,248
37,411
79,4.16 106,894
69,659
186,310
1875
72.942
32,877
104.897
40,065
252,383
147,486
Indianapolis bought its stock in May and June, 1880, as a
325,622
60,109
73,618 133,7^7
157,141 168,481
1877
372,083
88,651 165,318 preliminary-to consolidation with the Cincinnati Hamilton
76,667
176,122 195.961
1878
99.690 117,415 217,105
611,Od6
322,808 288,278
& Dayton.
1879
802.121 144,796 169,505 314,301
305,235 496,886
The price paid was $671,186. At $75 the
1880
311,182 642,519
953,701 184,574 196,748 381,322
1881
370,191
796,292 1,166,483 236,966 264,897 501,863
9,199 shares sold would yield $689,925, or a profit of
$18,739 on the original cost, which, with the 2 per cent
ERIE'S PURCHASE OF THE CINCINNATI
dividend received in October, 1880, would stand in lieu of
HAMILTON & DAYTON
the interest on the purchase money.
the two

1.

News received

this

that the New York

week

seems

to

confirm the report

Chicago & St. Louis, as well as the

SUMMER PORK PACKING FOR 1882.
Erie, had secured a foothold in the Cincinnati Hamilton
& Dayton Railroad.
Until late years the period between the 1st of Novem¬
In our article last week we re¬
marked that we had the authority of Mr. Jewett himself ber and the 1st of March was known at the West as the
for stating that the road had not been bought for the “Pork-Packing Season,” in which the slaughter of
joint account of the two companies. This information swine and the preparation of their products for market
was given to us in answer to our
question whether the were actively prosecuted. Very little was done at this
New York Chicago & St. Louis was interested in his pur¬ work in the remainder of the year, and during the sum¬
chase. His answer that that company was not inter¬ mer months the slaughter and packing houses were gene¬
ested in his purchase was strictly correct, for
the fact is rally closed. Recently, however, with the aid of ice and
that, entirely independent of Mr. Jewett, the New York refrigerators, swine have been slaughtered and their me*




476

THE CHRONICLE

«*rr

cured

[VOL. XXXIV.

throughout the summer, and what is known as the so helpless to maintain order
packing” has grown to such proportions as to property secure in Ireland. It

“summer

have

important relation to supplies and values.
The regular season
ending on the 1st of March last
revealed, according to the statement of the Cincinnati
an

resist

taken

and

make

life

and

is

impossible, in fact, to
the Government either
from
restraint imposed upon it or from some mis-

the conviction

legal

some

-

that

grounds of humanity, has failed to mete out suffi.
Current, a total of 5,747,760 swine slaughtered, a cient punishment
to the violators of law.
It i3 probable
decrease of 1,171,096 from the
that
if the ordinary law had been
preceding winter packing
rigorously enforced
season, while the total for twelvemonths to March 1st was at the commencement
of the disturbances, a
Coercion
10,551,449, a decrease of 1,691,905 from the preceding Act might never have been
necessary. -It is certain
year.
Hence the ‘summer packing” in 1881 numbered that under the Coercion Act the
action of the Govern¬
'4,S03; 689 swine, against 5,323,898 in 18S0. The smaller ment towards offenders
has been characterized
by an
packing caused a disproportionate advance in prices. For almost unpardonable
leniency.
the winter of 1881-2 the
gross cost was $7 58 per 100 lbs.,
It was a radical mistake to allow the
leaders of
against $5 80 in the preceding winter.
the
Land League
to
De
assembled in one gaol,
There was during
the early part of the current month with free access to each other, and with
ample
an active
speculation in all this class of products, but more opportunities for communication with
their friends
especially in bacon and lard, based, not so much on the without.
It was
another
radical
mistake not to
reduced production of the winter
packing season just include the Ladies Land League in the act of the
passed, as on the probability of a greatly reduced summer proclamation
putting down the illegal confederacy for
packing for 1S82. Even if the number of swine slaugh¬ which it is now substituted
; for, as the London Tima
tered should prove to be
large, the scarcity and high cost correspondent has very clearly shown, the members of
of corn will, it is claimed
by these speculators, prevent this league under the guise of dispensing
charity have
their'being properly fattened, and that therefore there done immense mischief. It was another
mistake, probably
will be a deficiency in
weight if not in numbers. These as radical as either of the other two, not to make the
Price

.

claims
mer

Our

are

not thus far sustained.

To be

sure

the

sum¬

packing season for 1882 is scarcely more than opened.
figures are no later than April 20, but they show that

only is the number of swine marketed since March
larger than in the corresponding period of
18S1, but their weight is greater.
The number received
at eight points was
504,000 in seven weeks, against 464,000 in the
corresponding period last spring. At Cin¬
cinnati the average
weight is given by the Price Current
at 20 lbs.
per head greater than last year, but actual
figures are not stated.
At other points there are slight
changes which point to an average of about the same
weight.
not

1st

much

The recent increase of the
receipts of corn at West¬
ern markets affords assurance that
swine will continue to be

adequately fed, and
meats
now

current

high prices of lard and

will stimulate their

do not vary

production. Stocks of these
materially from last year. Prices are

cured

Peace Preservation Act
arm
“

thorough as to completely dis¬
population/ In ordinary times persuasion and
reason ” are
good enough ; but in extraordinary
so

the

sweet

times, when the innocent and the law-abiding tremble for
property, and are at the mercy of lawless vaga¬
bonds, more heroic measures are needed. Mr. Gladstone
life and
has

won

for himself

great name ; but unless a vigorous
policy is at once pursued in suppression of disorder, there
is danger that his
high reputation may suffer. If these
a

outrages are allowed to continue, his Government will
provoke not only the indignation of the British people
but the contempt of the world.
It is gratifying to notice a
disposition on the part of the
Government to look facts in the face.

In his

speech of

Wednesday, in which he refused to support the second
reading of the Ilealy and Parnell Land Act Amendment

meats

bill, Mr. Gladstone referred

much

and intimated that it

to

the condition of

Ireland,
might be the duty of the Government,

higher, checking exports as well as home consumption. during the
present session, to ask the consent of Parlia¬
There are, therefore, no
grounds for apprehending any ment to certain measures having for their direct
object
immediate scarcity.
Later in the season, if the assertions the maintenance of
What these measures
peace in Ireland.
regarding the deficiency in the late crop of corn shoula are we are not
directly informed. Tt has been
hinted,
of the next crop should however, by the London Standard,
usually a well-informed
changed. The contingency sheet, that the Government proposes to substitute for the

prove to be true, and the prospects
be bad, the situation would be
mentioned

is, however, too

remote for present consideration.

Coercion Act

large increase of summary jurisdiction
magistrates. This, it is expected, will allow of
more immediate and direct action.
The presumption also
is that there will be a
large liberation of prisoners, some
trials and probably a few wholesome executions.
The
temper of the Gladstone Government, and, indeed, of the
entire British people, will be tested
by the conduct of the
liberated suspects. 'For good or for evil, it seems as if a
crisis had been reached.
If Mr. Gladstone fails, Lord
Salisbury and the Tories are ready to take up the reins.
It is another hopeful
sign of the situation that the Gov¬
ernment and the opposition have
agreed to act in concert
in regard to one
part of the Land bill which it is admitted
is defective. Mr. W. H.
Smith, a member of the Govern¬
vested

ME LAND

AND

HER

TROUBLES—FURTHER

LEGISLATLON PROMISED.
Ireland continues to be

a

,

thorn in the side of the Glad¬

Government, and, indeed, a source of annoyance to
British public.
It is painful to think that
so much
time and energy should have been
spent to
so little
purpose.
No one can doubt the sincerity of Mr.
Gladstone’s intentions, or question the
humanity of his
measures.
But that he has failed, so far at
least, to
pacify the Irish people and to re-establish order, is a fact
stone

the entire

patent to the world.
ever, encourages
more

His speech

the hope that

on

matters

Wednesday, how¬

are

about

to take

a

favorable turn.

a

in

ment under the

administration of Lord Beacoupefield,
h^j
prepared a resolution which provides for extending the
departure is necessary. Mr. Forster has confessed that purchase clauses of the Land
act; and it is understood
the Government has been
disappointed—that neither the that Mr. Gladstone and his associates look favorably on
Land Act nor the Coercion Act has in
healing power this resolution, and that they, will cordially accept the
come up to
expectation. It is lamenteble, indeed, to see services of the
opposition in carrying out practical legisla¬
a
strong Government like that of England apparently tion in the direction intended. Mr. Gladstone in hia
It

seems




now

to

be

generally admitted that

a

new

THE CHRONICLE.

477

Wednesday’s speech makes it sufficiently plain that he is therefore in entertaining the opinion that the season will be
one of fair average abundance.
Apart from the Irish question
well disposed to a reconsideration of the purchase and
which, unfortunately, is one of serious importance, political
The question, he said, affairs will not be disturbed. There is a
arrears clauses of the Land bill.
little bit of bluster
would be approached impartially ; and as desire and between some of the Continental
governments, but the com¬
hope both pointed to a final and satisfactory settlement mercial world has accommodated itself to the frequency of these

suggestions of all qualified persons would be patiently diplomatic discussions, and
listened to. This expected concert of action is all the more portance to them. Taken
the

gratifying that one of the principal features of the
Healy-Parnell Amendment bill was the proposed extension
of the purchase and arrears clauses of the Land act.
Although the amendment bill was defeated, the promise
has been secured that one of its objects will be attended to.
With Mr. Gladstone’s statement Mr. Healy and his friends

professed themselves satisfied.

It will be well if this satis¬

generally shared by the Irish people.
would thus appear that we are on the eve of achange.

faction is
It

Mr. Gladstone

tells

us

that he

sees

in the Irish bill

“

the

fails just

to attach much im¬

now

whole, therefore, the future
with some confidence, and we may
as

a

may be looked forward to
still hope for a continuance of the
progrees which has mani¬
fested itself during the last few years.
The following are the

present quotations for money :
Per cent.
Bank rate

rates—
Per cent.
4 months’ bank bills
2 *3 #2^
6 months’ bank bills
2,a@2r'8
4 <fc 6 mouths’ trade bills. 3
®3 J2

rates—

30 and 00 days’ bills
3 mouths’ bills

The

Open market

3

Open-market

following

are

2^® 2^
2*2 0/2^8

che rates of interest allowed by the joint-

stock banks and discount houses for
Joint-stock banks
Discount houses at call
Do
with notice

deposits:
Per cen t.
2
2

21*

...

On the Stock

Exchange business has been considerably inter¬
gleam of hope on a dark subject.” Let us hope
rupted by the holidays and by the intervention of an account,
that his anticipations will be fully realized.
We agree which has
proved to be a light one. The tone of the markets
with him that compulsion is alien to the spirit of the has on the whole
been good.
The weather having been fine
British Constitution: and we appreciate the. humanity of a favorable holiday traffic on the
railways is confidently looked
his motives; but we must repeat what we have said above, forward to. Additional public companies continue to be intro¬
that if his expectations are not fulfilled, if law and order duced, but they are only of domestic interest.
There has been a fair demand for wheat during the
week,
are not quickly restored, and life and
property again made but
not varied to any important extent.
prices
have
The
secure
in Ireland, he will not be forgiven for further
visible supply in the United States having further diminished*
leniency toward the offenders and a too sparing exercise holders are firm, but millers continue to operate only to
supply
of authority,
if this last effort fails, drastic measures will their actual wants, and decline to pay enhanced terms. There
‘‘first

have

become

a

necessity.

is still

expectation that the European harvests will be
early, and this is naturally exercising considerable influence
pt jo upeta nj! (So mmcvcial guflllslx pciu 6 upon buyers. Should, however, the weather become less pro¬
RATES OF EXCHANGE AT LONDON AND ON LONDON pitious and forcing, and the harvests be delayed in consequence,
AT LATEST DATES.
holders would probably be able to secure some
advantage, as
the stocks of European-grown produce are now much reduced.
EXCHANGE A T LONDON— April 15.
EXCHANGE ON LONDON.
The deliveries of British farmers are still very satisfactorily
Latest
OnTime.
Rate.
Time.
Rate.
Date.
maintained, but it is expected that they will soon fall off con¬
3 mos. 12-4 34 SI2-5
Amsterdam
A pill 15 Short.
12-10
siderably. Liberal imports are still necessary, notwithstanding
Amsterdam
Short. 12 2^ S12-3
that
there has been some increase in the stocks of foreign
3
11108.
2.V55
® 25-60
Antwerp
April 15 Short.
25-30
some

.

.

...

—

Hamburg...

“

Berlin
Frankfort...

i i

i 4

«<

Short.
3 mos.
i i

Madrid
Cadiz
Bilbao
Genoa

•

4

«

4

«

Lisbon
Alexandria
New York...

,

Calcutta

,

4

.

60
60

....

Hong Kong..
Shanghai...,

a
i 4

■

.....

,

25-25
25-26
1205

siioit.

25-80

26-20

S26-25

wheat in granary.
It will be seen from the table of imports of wheat that while
there has been a reduction in the imports of wheat from the
United States of about 3,500,000 cwt., and in those of flour of

20-47
20-47
20-47

25-22^S25-32^ April 15 Short
25-50 S 25"55
April 15 3 inos.
12-10 S12-15
April 15

April 15

1,540,000 cwt., the receipts from Russia have increased from
932,179 cwt. in the first seven months of the season 1880-1 to
4,386,674 cwt. in 1881-2, and from British India from 3,013,307
cwt. to 7,012,092 cwt.
The import from Australia has been

51ss®519is
.

....

....

••

April 15
April 15
April 15

46*2® JOI4
46*2® dOb*
46V®16i4

U

.

5 25’69
S25’(39
S25G9
S18’50
23:i4 ® 23 58

4 4

4 4

:

Bombay

4

»

Copenhagen
St.Petersb’g.
Paris...
Paris
Vienna

<•25-65
25*05
25-05
18 52

d’ys

is. s^ed.
is. 8’ed.

d’ys

....

....

-

—•..

1

jFrorn

our own

April
April
April
April
April
April

12 3 mos.
15 Short.
15 4 mos.
15
15
4i
15
•

i

44

very small, having been only 984,275 cwt.
in seven months last season.
The heavy

97U
864*

against 2,349,085 cwt.
receipts from Russia,
Germany and India have fully compensated the loss as regards

4

Is. 8716d.
Is. 83sd.
3s. 938(1.

the United States and British North America.

5s. 234d.

correspondent.!

London, Saturday, April 15, 1882.

During the past week there has

been a fair demand for
money, and the rates of discount have been rather firm. The

inquiry has been largely in connection with the holidays, which

has led to a considerable circulation of notes and
coin; but the
real position of the market has not

materially changed, and

we

may therefore expect a continuance of easy money for some
weeks to come. General business has
naturally been much in¬

terrupted during the week by the holidays, and, excepting that
fair degree of confidence
prevails, no new feature has manifes!ed itself. The weather has been
decidedly favorable for all
agricultural pursuits and, a genial rain having fallen, farmers
are
looking forward to fully average crops of produce. We
a

have

entered upon the period of the year when quietness
The season for importing large quantities
materials is approaching its termination and merchants

now

usually prevails.
of

raw

are

now

becoming anxious

to

know what

likely to be
the crop
results, and what will be the probable range of
prices for raw materials and for food
during the new
season. There is no reason for
believing that in either depart¬
ment prices will be
higher than they are now’, and as regards
wheat there seems to be some
probability of quotations re¬
ceding even from their present very moderate level. It is ob¬
viously early to arrive at any trustworthy conclusion, but in
mope with but few exceptions the weather
during the last
montiib has been
very propitious, and we are justified




ports for the seven months having been 35,308,231 cwt. against
31,916,535 cwt. in 1880-1. In flour, how’ever, there is a falling
off of 1,700,000 cwt.
The following are the current rates for money at the leading
foreign centres:
"

Bank

<^pen

Bank

rate.
Pr. et.

market.
Pr. et.

Open

rate.
Pr. et.

market.
Pr. ct
4 to
3
6

Paris
Berlin

3*2

314
33s
33s
330
4*2
3%

4

Frankfort

Hamburg

....

Amsterdam
Brussels

.-.

Annexed is

a

5
4

statement

4^2
.

..

4
6

61*3
..

Copenhagen....

5
4

4
4

showing the present position of the

Bank of

England, the Bank rate of discount, the average quota¬
English wheat, the price of consols, of No. 40 mule
twist, fair 2d quality, and the price of middling upland cotton,
and Bankers’ Clearing House return, compared with the three
previous years
1882.

1S81.

£

£

30.125,070

20,767,180

Public deposits
0,102,438
Other deposits
24,448,800
Go vernm’t securities. 13,382,007
Other securities
22.049,270
Kes’veof notes & coin 13,045,245
Coin and bullion in
both departments..

Proportion of
to liabilities
Bank rate

j

Madrid
Vienna
St. Petersburg
Geneva
Genoa

tion for

Circulation

are

The total im¬

Z

£
27.315,125

1879
£

29,421,725

7,051,740

0,208,020

0.543,999

25,949,889

31,824,551

15,739,837

26,371,381
15,917,079

20.002,272

18,607,195

11,518,895

15,907,902

22,331,573
19,031,071

20,220,075 28,283,337

33,610,239

11,900,801

reserve

42-31
..

anf* upland cot,uih!!

JJ°-^ mule

23,420,315

1880.
“

twist—

45s. Id.
0 Sfcd.

3 p. e.
-11s. Id.
(3d.

lOSid.
101 \a.

lOd.
100 lid.

3 p. c.

Clearing House ret’n. 84,2SO,ouo 144,150,000

3 p. c.
43s. 2d.
7<1.
Is. O^d.
99d.

96,937,000

2 p. c.
41s. Od.

(Psrt.
9d.
93 isd.

61,030,000

'478

THE

CHRONICLE.

[VOL.

The

following comparative table shows the increase or de¬
crease in the export trade of the United Kingdom
during the
month of March, and also the three months ending March,
1882. The figures relating to the first eleven countries included
in the list show the extent of the variation of our
export trade
with the Continent of Europe :
* '
Month

end'<j Mar 31,’82. 3

Increase.

most,

end’g Mar. 31 ,’82.

Decrease.

Increase.

£

£

Russia

Belgium

71,873

France

170,646
412,72L
4 7,992
300,291

40,606

547,054

Germany

182,329

Holland

51,185

Turkey

32,098
17,251
11,170
52,089

Spain, Ac

Portugal, <fcc
Italy
Denmark

*88,20 i

Decrease.

'£

1880-81.

United States
Brit. N. America

...

Germany

France
Chili

170,935
248.998

British India

57,352
35,303,231

5,270,077

22,087,988

lo,835,460
1,618,684
2,056,319
8,648

2,986,346
1,639,111
5,993
1,111,846

,

107,426

860

654,265
3.013,307
2,349.085 )
71,397 5 ;

7,012,092
984,275

Australia
Other countries

Ciot.

3,338,003

2,043,876
287,151
2,922
627,252
284,>56

676,176

1878-79.

Cwt.

932,179

18,122,186
1,719,794
1,924,913
4,786

Turkey, Ac
Egypt

1379-80.

Cwt.

4,386,671

132,017

1,798,531
1,136,781

31,916,535

17 ,958
-

984,254

577,579
973,860

35,140,012

27,253,028

Flour.

*242,608

164,233

11,762

From—
Russia

Total

43 d) 61

56,864

Greece, Austria, Roumania, and Sweden

Wheat.

1881-82,
Cwt.

Germany

973,561
146,674

France
United States
Brit. N. America
Other countries

164,417

665,023
130,756
5,192,585
315,575

1,118,085

1,414,101

1,050,645,

6,056,428

7,768,040

6.433,737

3,653,691
...

624,035

583,106

191,720

201,195
2,650.014
186.310

.

4,316,118
255,888

1,215,941

<

ard Norway
United States
British North America.
British Possessions....

37.123

•

*1 /, 3 O t)

India, Ac

305,42*4

Australia

Egypt
China and Hong
Brazil

313,853
185,723
18,463

Japan

87.201

Other small States
Unenumerated

991.002

2,631,1*70

415,900

1,151,600

2,608,318

Less decrease.

756,081

8,502,036
2,047,583

756,031

I* c. en mo. of Mar.

1*99*65*9
247,689

133,638

'1,852,237

*59,3*0*6

Honth.
.

19,131,038

20,983,275

Increase

1.852 237

2,047,583

3 Months.

6,454,453

of March, 1882.

Europe

1,293,375
3,409,804
£6,454,453

During the week ended April 8 the sales of home-grown
in the 150 principal markets of England and Wales
amounted to 34,325 quarters, against 30,433 quarters last year
and 24,643 quarters in 1880; while it is computed that they
were iu the whole kingdom 137,300
quarters, against 121,750
quarters and 98,600 quarters. Since harvest the sales in the
150 principal markets have been 1,412,072 quarters,
against
1,288,570 quarters and 4S£,207 quarters; the estimate for the
whole kingdom being 5,648,300 quarters, against 4,798,300
quarters in the corresponding period of last season and 3,990,250
quarters in 1879-80. Without reckoning the supplies of produce
furnished ex-granary at the commencement of the season, it
is estimated that the following quantities of wheat and flour
have been placed on the British markets since harvest. The
visible supply of wheat iu the United States is also given :
wheat

1881-2.

1880-1.

Sales

of

produce

29,684,805
5,316,056

24,476,000

20,792,550

17,291,000

30,467,500

67,431,361

63,784,907

62,352,928

65,468,361

885,948

947,296

1,236,521

62,898,959

61,405,632

64.231,840

46s. 6d.

42s. Sd.

46s. lOd.

40a. 4d.

bush.12,100,000

21,800,000

23,838,360

18,137.114

:

Result

66,730,9^8

Av’ge price of English

wheat for season (qr).
Visible supply in Unit’d

414,784
363,759
3,97^,083
5,089,168

corn.

Total....

£35,323.040

Baslioli

1879-80.
£20,628,564

£16,832,948
3,401,171
1,781,tot
581,399
561,772
5,340.890

1,918,607

1878-79.

6,264,873

4,613,807
2,8 tl,030
531,542
660,830
4,114,908
5,421,444

£34,764,004

£38,812,125

IVarket

Reports-Per

£13,508.291
2,890,769
2,079,534

323,182
265,905
4.636,305

3,903,082
£27,607,068

Cable.

The daily closing quotations for securities; &c., at London
and for breadstuffs and provisions at Liverpool, are reported
by cable as follows for the week ending April 28:
London.

Silver, per oz
d.
Consols for money
Consols for account
Fr’cli rentes (in Paris) fr.
U. S. 5s ext’u’d into 3*ss
U. S. 412s of 1891
U. S. 4s of 1907
Erie, common stock
Illinois Central

Pennsylvania

Philadelphia & Reading.
New York Central

Fat.

Mon.

Tuts.

Wed.

Thurs.

Fri.

5218

52*8

52*8

52*8

52316

5231#

101916 ior*>16 ;101916 101916 1019,6 10134
ioui]e 1011116 lOUHs 101**16 10U*i6 101\
83*82 Lj 83-87 *a 83*92*2 83-90

1037s
1185s

10378 •' l037s
118*8
1185s
124*8
124*8

124

3658

.

37

138*2

138%

29*3
131*8

29*s
130*4

Sat.

Liverpool.

d.
0
10
5
Wheat, No. 1, wh.
“
10 2
Spring, No. 2...
“
10 7
Winter, West., n
“
Cal. white
“
:o 0
7
0
Oorn, mix., West.
“
Pork, West.mess..^ bbl 81 0
Bacon, long clear, new.. 50 6
Beef, pr. mess, new,$tc. 77 0
Lard, prime West. $ Cwt. 55 9
Cheese. Am. choice, new 63 0
s.

Flour (ex. 8tate..l00 lb. 14

Mon.

103

7s
1185s
124*8

37%
139*2
63%
29*2

138*2
63*2
29*4

13 L

130

37^8

Tues.

83-75
103 7s

following return shows the extent of the imports and
exports of cereal produce into and from the United Kingdom
during the first thirty-three weeks of the season, compared
with the corresponding period in the three previous seasons:

Barley

8,909,433
2,532,425
1,079,560
1,042,129
13,062,506

Oats

Peas...,
Beans
Indian

corn

Flour

5,521,643

1830-1.

1879-30.

1878-9.

34,358,965
8,521,014

38,355,361
10,546,475
5,508,850
1,375,482

29,684 805
7,443,989

5,635.506
1,445.472
1,456,036
19,088,077
8,133,392

15,075,287
6,706,567

6,571,218
971,713
770,311
19,327,939
5,316,056

856,311

1,145,272

16,651

90,346
59,023
23.122

1,659,019

11834

123%
37

138%
62*2
29%
130%

63

29*8
130*8

Wed.

Thurs.

Fri.

d.
8.
d.
8.
8.
d.
14 0
14 0
14 0
10
10 4
10 4
10 4
10
10 0
10 0
10 0
10
10 5
10 5
10 5
10
10 0
10 0
10 2
6 11*2
6 10*2 6 10*2 6 10
81 0
81 0
81 0
81
0
50 6
50
6
30 0
50 6
77 0
77 0
77 0
77 0
55 6
55 0
55 0
55 0
61 0
63 0
61
0
162 0
s.

14

d.
0
5
1
7
0

n.

14

0
3
910
10 4
10 2
6 9
81 0
10

„

0
0
3
6

50
77
55
61

Exports

for the

Week.—The imports

of last

week, compared with those of the preceding week, show an in¬

dry goods and a decrease in general merchandise. The
imports were $11,275,877, against $12,092,416 the pre¬
ceding week and $11,551,470 two weeks previous. The exports
for the week ended April 25 amounted to $6,006,121, against
$5,296,139 last week and $6,161,401 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) - April 20 and for the week ending (for general
merchandise) April 21; also totals since the beginning of first
week in January:
crease

in

FOREIGN IMPORTS AT NEW YORK.

For Week.

1880.

1881.

1882.

$1,785,385
5,687,716

$2,302,469

$1,845,600
6,694,751

$2,560,161

'8,606,373

$7,473,101

$10,908,842

$8,540,411

$11,275,877

$31,976,926

$46,246,575

$39,944,201

66,593,693

111,044,462

90,181,150

48,362,301
112,223,848

$98,570,619 $157,291,037 $130,125,351

$160,586,149

1879.

IMPORTS.

1881-2.
cwt.37,423.71 8

104

118%
123%
36%
138%

total

The

Wheat...

83-85

Commercial antiIXUsccUancousIIexus.
Imports and

of

700,433

Oats.
Peas
Beans
Indian
Flour

1880-81.

£20,023,251
3,535,388

1878-9.

38,355,361
6,706,567

Total
Deduct
exports
wheat and flour

States

1879-80.

31,858,965
8,133,392

home-grown

1881-82.

Wheat

548,341

United States
The whole outer world

Imports of wheat.cwt.37,423,718
Imports of flour
5,521,643

:

£1,202,933

India, Australia, Canada and British Possessions

^

inclusive

53,285,199
59,739,952

Summary of the Three Months’ Increase in British Exports to the 31st
The whole of

following return shows the estimated value of the
cereal produce imported into the United Kingdom
during the
first seven months of the season, viz., from September to
March

Barley

6,454,453

Total Board of Trade returns, 1881
Do
do
1882.....

4,836,596

The

1,090,427
1,069,076

5,294

Kong.

Total

20,606
1,293,375
225,033
344,659

313,937
94,167

Dry goods

Gen’l mer’dise..
Total
Since Jan. 1.

Dry goods
Gen’l mer’dise..

Total 16 weeks

8,715,716

EXPORTS.

Wheat

cwt.

Barley

Oats
Peas
Beans
Indian
Flour

556,640
49,677
21,138

803,183
43,194
466,771
62,524
26,195

85,742
89,772

185,612
82,765

54,507

corn

The

'

610,661

68,030
84,723
26,404
565,465
90,985

7,025
290,814
91,249

following return shows the extent of the imports of
wheat and flour into the United Kingdom
during the first seven
months of the season, compared with the
corresponding period
in the three previous seasons, together with. the countries
whence those supplies were derived:




imports

In our report of the dry goods trade will be found the
of dry goods for one week later.
The following is a statement of the exports (exclusive
.

specie) from the port of New York to foreign ports for
week ending April 25, and from January 1 to date :

.

oi

the

EXPORT8 FROM NEW YORK FOR THE WEEK.

1879.
For the week...

$6,956,903

Prey, reported..

92,050,714

Total 16 weeks

1880.

$8,196,954
100,187,454

1881.

$6,532,692
113,667,375

1882.

$6,0*6,121
94,134,3.0

$99,007,617 $108,384,408 $120,200,067 $100,190,491

April
Thfl

•/the
8ince

THE

29,18b8.]

following table shows the exports and imports of specie
port of New York for the week ending April 22,

and

Jan. 1. 1882 :

EXPORTS AND

IMPORTS OP 8PBCIB AT NEW YORK.
Imports.

Exports.
Gold,

Biitain

Great

Week.

Week.

$.

$10,352,298

•

$104,998
386
232

20,000

Germany

4,818

144,709

95,500
47,700

2,040
1,000

113,641

$5,500 $10,676,998
161,670
24,200
1,54S.596
35,700

$7,858
2 ,713,200

$452,456
26,287,958
1,208,578

Indies

83,226

VIpyIcO

South America..
All other countries
Total 1332.
Total 1881.
Total 1880.
Silver.

Great

Since Jan. 1.

161.500

France

West

Since Jan. 1,

Britain

France

5,500

$163,600

-

Germany
West Indies

5,264

$11,193

$

$3,365,957

869

310,300
3,000

54,505

328,221
236,699
54,577
7,185

7,275

6,642
5,453

Mexico
South America....
All other countries
Total 1882
Total 1881
Total 1880

12,279

100

1,809

$3,679,357
3,700,969

$21,179

100,000

11,580

1,663,278

$163,600

50,881
133,423

$693,249
1,086,417
1,796,858

for the week in 1882, $2,366 were
$6,142 American silver coin. Of the
exports for the same time, $5,500 were American gold coin.
New York & New England.—In Massachusetts a bill before
the Senate providing for the exchange at the rate of $50 per
share of the New York & New England Railroad stock owned
by the State for six per cent second mortgage bonds of the
company, was substituted for the $50 cash bill aDd was ordered
to a third reading. It authorizes the issue of $5,000,000 of this
class of bonds, $1,737,500 of which go to the State in payment
for its stock, the remainder to be applied to double-traoking
and further improvement of the road.
New York Stock Exchange Securities.—The governors of
the Stock Exchange have submitted the following securities to

Of the above imports
American gold coin and

the Board list:

Chicago Milwaukee & St. Paul Railway Company—Addi¬
tional $240,000 of the Mineral Point Division first mortgage 5
per cent bonds on 12 miles of additional road completed ;
$1,360,000 first mortgage forty-year 5 per cent bonds Chicago
& Lake

Superior Division, covering 68 miles of road from

Portage to Madison. Wis.
St. Louis Iron Mountain & Southern

Railway Comparty—Additional $514,000 of the general mortgage 5s, cover¬
ing a branch from Gurdon to Camden.
Chicago & Northwestern Railway Company—Additional
$2,475,000 of the sinking fund,, bonas of 1879, covering 165
miles of

road.
Orleans Pacific

new

Railway Company—Additional
$400,000 first mortgage bonds on 20 miles of new road.
Cincinnati New Orleans & Texas Pacific Railway Comparty—$3,000,000 capital stock in 30,000 shares of $100 each.
The company was organized to lease and operate' the Cincin¬
nati Southern RR. The annual rental is the only fixed charge.
New York Chicago <£ St. Louis Railway Company—Com¬
mon stock,
$28,000,000; preferred stock, $22,000,000, and
$7,500,000 first mortgage 6 per cent bonds. The bonds run
forty years from December 1, 1881. The completed part of
the road extends from Chicago to Black River, Ohio, a dis¬
New

479

CHRONICLE.

them. The railroad was sold
in the interest of certain first
mortgage bondholders, and Gen. R. T. Wilson, of Georgia, was
the purchaser for $1,500,000. Subsequently he sold it at an
advance of $1,000,000 to the East Tennessee Virginia & Georgia
Railroad Company, by which it is still operated. A judgment
has been obtained by the second mortgage bond owners, and the
question of entering a decree for setting aside the sale of two
years ago is to come up at an early date.
A hard fight will be
made in the courts by both parties in interest. George P. West,
of this city, attorney for the holders of the second mortgage
bonds, has just returned from Georgia and addressed the meetr
ing held yesterday. At his suggestion a special committee,
consisting of F. K. Hain, Joseph Rodrigues, G. B. Scranton, C.
W. Kohlsaat and W. C. Noyes, was appointed to confer with
other holders of the company’s bonds and seek concerted

what they claim as rightfully due
two years ago by a foreclosure

action.”
—The cotton trade will notice the card of Messrs. Hopkins,
Dwight & Co., this city, in to-day’s issue of the Chronicle.
This firm is among the largest and oldest cotton commission deal¬
ers on the New York Cotton Exchange, and are well known in all
sections of the South. We understand they pay especial atten¬
tion to orders for future delivery of cotton in either this coun¬
try or Liverpool.
—Attention is called to the New York Chicago & St. Louis
equipment seven per cent bonds olfered for sale by the wellknown house of Reed & Hurlburt of this city.
Auction

Sales.—The following

Messrs. Adrian H. Muller & Son
Shares.
328 Farmers’ Loan & Tr. Co.x400
$5
77 Worcester Railroad
8 N.Y. & Charleston Steam¬

ship Co. and $10 scrip..$30
18 B’klyn & Mon.RR.Co.pref 60
12 B’klj'n <te Moutauk RR.Co 19

Bk’g Co. 70
Lehigh Coal <fc Nav. Co... 78*2
Ridge Ave. Pass. Railway
Co. of Philadelphia
98
Lehigh Valley RR. Co...120*2

33 Morris Canal &
40

16

57
25 Girard Nat, Rk. of Plnla.212*2
33 Huntingdon & Broad Top
Mountain RR. & Coal

Co.,
16

21

common

Broad Top

Huntingdon

& Coal
Co., preferred
41*2
22 West Phila. Pass. R’y Co.208*2
Mountain

RR.

Sehujdkill Nav. Co., pref. 25*2

66
2
67
100
100
50
197
65
11
5
750
800

Schuylkill Nav. Co., com.$12
Lehigh Zinc Co
$6

N. Y. & Harlem RR. Co 203
Pheuix Nat. Bunk
105
Manhattan Gas-Light Co.230*8
Harlem Gas-Light Co
94
N. Y. Gas-Light Co
xl23
Cent. N. J. L’d Impr. Co. 25
T®1. Peoria & War.RR.Co. $3
Montana Gold Mining Co. $2

Taylor Farm

Petroleum

$1

Co

Obligation
Phenix
of
Lead Mining Co. of New
York to issue 250 shares
of stock at $5 per share. $1
45 Bank of Republic
133
109 Manhattan Bank
146
1 N. Y. Society Library
$12*2

6,000 Fletcher Geld & Silver
Minina Co. of Georgetown,
Col.

(Hypothecated.)

were

sold this week by

:

Shares.

3,700 N. Y. & Idaho Gold &
Silver

Mining Co. stock...$20
Honda.

$2,000 Louisville City 7s (aid
Paducah RR.),

Elizal). <fc
duo 1898

110

$2,000 Rahway City 7s, due
1880. July, 1878, coup, oil 22*2
$3,500 Worcester RR. Co. of
Maryland and Virginia
1st 6s,
All
due 1896.

26

coupons on

$1,000 Jersey City 7s, due
1905

112.3s

$1, Miss. *fc Tenn. RR. consol.
113*2
8s, due 1902
$3,000 Bellville & So. Illinois
1st 8s. due 1896
116*2
$2,000 Atlantic & Gulf consol.

7s, due 1897....
111*2.
$3,000 Allegti’y Valley 7310s,
due 1896
121*2
$1,000 Delaware Div. Canal
6s, due 1898
98
$2,000 New Orleans Jackson
& Gt. Northern, 2d series,

8s, due 1890..
115
$2,000 Columbia & Augusta
1st 7s, conv., due 1890...107*2
$2,000 So. Georgia A Florida
1st 7s, due 1^99
115*2
$2,000 Susquehanna Canal
6s, due 1918, guaranteed
by Philadelphia & Read.. 62*2.
$75 Central New Jersey Land
Improvem’t Co. div. scrip 25
$2,000 Memphis 6s compro¬
mise, due 1907.
July,
1879, coupons on
.....
57
$275 State of Indiana Pre¬

$10

...

ferred Special 5 per cent
stock Wab. & Erie Canal.

$2

*

—L

BANKING AND FINANCIAL.

tance of 310 miles.

BONDS.

Philadelphia & Rfading.—The second instalment on the
Reading deferred income bonds was promptly paid by subscri¬
The policy of the Government in making successive calls of
bers.
The proceeds will enable the company to liquidate
bonds
for redemption will render it necessary for many holdersanother portion of its floating debt.
to
re-in
vest, during the coming year, money now lying in safes
—•A London cable states that Mr. Gowen declared to the London
meeting of stockholders on Friday night, April 21st, that the and vaults in the form of old issues of bonds, which have
floating debt of Reading was now $8,000,000, having been ceased, or will soon cease, to bear interest.
reduced by payments of $750,000 out of the company’s income
Government Bonds can be obtained at our

tnd $1,750,000 from deferred income

bond instalments. He
(Growen) asserted that the road would be out of the receivers’
hands by July 1st.
.

in any amount,
for couimissior.

Railroad Construction.—The Railroad Gazette contains

information of the laying of track on new railroads as follows :
Gulf Colorado & Santa Fe.—Extended westward to Lam¬
pasas Springs, Texas, 22 miles.
Missouri Pacific.—Track on the Omaha Extension is laid

at market rates,

office

with no charge

BANKING.

deposit accounts of parties in good standing ;
satisfactory leferencee required from those not already known.
We reoeive

Interest allowed at 3 per

from

Weeping Water, Neb., north by east to Papillion, 27 miles.
New York Susquehanna & Western.—A branch is com¬
pleted from Paterson station into the city of Paterson, N. J.,

average

interest

1 mile.

cent per annum on

monthly balances of $1,000 or over. No
on accounts averaging less than $1,000.
STOCKS.

Saginaw Tuscola & Huron.—Completed from East-Sagi¬
naw, Mich., northeast to Sebewaing, 35 miles.
We do a general commission business in Stocks and Bonds
Gauge, 3 feet.
bharpsville.—Extended from Carbon, Pa., south to Wilming¬ dealt in at the New York Stock Exchange, and other sound
ton Station, 7 miles.
Texas & St. Louis.—Extended from Waco, Texas, south- securities.
Especial attention given to orders by Mail Mid
Olivet, 12 miles. Gauge, 3 feet,
Telegraph from Banks, Bankers and other institu¬
tions and from investors out of the city.
is a total of 104 miles of new railroad, making 1,876
nnies thus far this
year, against 906 miles reported at the cor¬
Our Memoranda of Government Bonds for 1882, containing
responding time in 1881, 1,096 miles in 1880, 391 miles in 1879,
^67 miles in 1878 and 269 miles in 1877.
valuable information on mauv subjects, can be obtained by all
^ Dalton.—The New York Times of April 23 desiring to make investments or to consult its pages for any

Y?e. 8ec°nd mortgage bondholders of the Selma Rome
held a meeting yesterday to perfect arrangeents ?n
forRa^r°ad
further action in the courts of

&TVH
m




Georgia to

recover

purpose
r

FISK

&

HATCH,

§ Nassau Street, New

York*

480

THE CHRONICLE.

kets again become buyers of our stocks and
bonds. Our own
weak stock market lias
probably weakened the demand abroad
and a good healthy tone here would soon

flankers' (iasette.

stimulate

foreign
purchasers, who are always ready with their
money to invest
if not frightened off
by a collapse in prices here.
’
The actual rates
to-day for prime bankers’ 60 days sterling
were 4
863^@4 87 and for demand bills 4 89}£@4 90, with
cable
transfers about 4 90}
Continental bills were firm as follows
Francs 5 17}<@5 16,'J and 5
143g@5 133q; Marks 95R(aft5i/
and 953^@95^8» and Guilders
40} g and 40}£.
'
/4’
In domestic bills New York exchange- was
quoted

DIVIDENDS:
The following dividends have recently been announced:
Name of Company.

Hailroadft.
Atch. Topeka & Santa Fe (quar.).1
Boston & Providence
j
Concord
Lynn «fe Boston
|
Manchester & Lawrence
!
N. Y. Prov. & Boat. (Ston.).
quar.
St. L. Alton & Terre Haute
prof..

Per

When

cent.

Payable.

$1
5

$4
5
O

3

Hanks.

American Exchange National....
Chemical
:
Pulton National
I
German Exchange
J
Nat. Bank State of New York
j
National City.
Union National
Nllseel a^e^us.
i
Pullman’8 Palace Car Co. (quar.).i
NEW

YORK.

3 hi
15
3%
8

3%

May
May

May
May
May
May
May

o

5
O

FRIDA T,

May
April
May
May
May
May
May

May
APRIL,

Books Closed.
( Days inclusive.)

15

April 26 to May 11
April 21 to
rApril 21 to
April 25 to
April 21 to
May
2 to May 10
May
6 to June 5

29
1
1
1
10
20

2

April 26 to May

4

1 April 20 to Majr
1
10 April 29 to May
1 April 26 to April
1 April 26 to April

1

1

15

May

28,

10
SO
30

2 to May

1SS2-5

P.

12}£@20 discount.
Quotations for foreign exchange are as follows, the
outside
prices being the posted rates of leading bankers:
April 28,

7

HI.

3634® 4 83

4

86

4

@4 86%

85%® 4 86
17 hi® 5 16%
40%® 40%
95 %®
9.-3*

SD%®490%

*6%®189
88%
13%
403*3 4(15.
95:H® 96

4 88 ®4
5 143s

United States Bonds.—The fours of 1907, after
advancing
121Jy. have fallen off a fraction, and closed to-day
at
121 Iq.
It had been clearly understood that Secretary 121@
announced lie would call the continued fives, when lie Folger
came to
them, in regular order, beginning with the highest numbers
first, and on this basis many dealings have been made.

among the dullest on record this year
side, we have good accounts of the crop prospects
throughout the country, and the reports of a considerably
increased acreage in many districts, so that the next
harvests
should be large if the weather is even
passably good during the
one

months.

.4
4
4
5

Demand,

to

Exchange have been

next three

Sixty Days.

Prime bankers’ sterling bills on London.
Prime commercial
Documentary commercial
Paris (francs)
Amsterdam (guilders)
Frankfort or Bremen (reiclinmrks)

Tile Money Market and Financial Situation.—The finan¬
cial markets have been undisturbed
by any extraordinary
events since our last report, and some of the
days at the Stock
On the

[VOL. XXXIV.

the
Washington dispatches ’.say
adhered to this 'programme, but has
now

But

that he

has

not

submitted to the
the order in which

On the other

hand, the trunk-line rail¬ Attorney-General the question as to
losing heavily during the first quarter of this those bonds shall be called, thus leaving it uncertain until the
year, if we may take the Pennsylvania Railroad returns and opinion is given, which will probably be on to-morrow or
Monday. The call-.for bonds to be issued on Monday next will
those of the Canada lines as an
approximate indication of what be for about $11,000,000, which will redeem all
the continued
the New York Central, Erie, Lake
Shore, and others, have been sixes of July and August, 1861. The next call, will
begin upon
doing. It is a rather curious comment upon the uncertain and the continued sixes under the act of March 3, 1863, of which
there are outstanding nearly $48,000,000.
mutable position of our
very best railroad stocks that they
The closing prices at the New York Board have
can
vary from 20 to 30 points or more in a single year,
been as
follows:
according to the crop prospects, the condition of the money
roads have lx?en

market, the attitude of

leading operators, etc.

It should turn

out in the course of time that such
stocks as New York Central
& Hudson and
Pennsylvania Railroad should be so certain to
pay their dividends at a regular rate per annum, that
they
would be hardly more variable or
assailable by

speculative

manipulations than

a first-class railroad bond.
Two matters of fact had a rather unfavorable
effect upon
stocks this week, and the first of
these, bearing upon the coal
stocks, was the brief report of the Central Railroad of New
Jersey for 1881, which did not compare'well with 1880. The

other

the

was

Pennsylvania Railroad’s report of

earnings for
March and for the first
quarter of this year, which shows a

heavy loss

its lines west of Pittsburg & Erie, and a .con¬
on its eastern
lines, the total amounting to
$1,636,473 in the first three months of 1882, as compared with
the same period of 1881.
It is worth while to call particular

Interest April
Periods.

6s, continued

at

5s, contini icd
1891
4%h, 1S91
4s, 1907..

at

3 %>..
-.reg.
coup.
--reg.
4s. 1907..
coup.
6s, cur’ey. 1895 --reg.
6s, cur’cy, 1896 ..reg.
6?, cur’ey, 1897 --reg.
6s, cur’cy, 1S98 ..reg.
6s. cur’cv. 1899 .resr
.r-,

on

exchanges.

The money market has been
very easy at 2^2@5 per cent on
call loans with stock
collaterals, and 2 per cent on government
lionds,—the easier rates ruling during the past few
days. On
time loans secured by stocks and bonds the
rates
are
3(<M
per cent for two to four months and 5 per cent for six
while on government bonds the rates are a fractionmonths,
lower.
Prime commercial paper of two to four months sells
at

4}< to

5 per cent.

The Bank of

..

.

*

siderable loss

attention to the fact that out of this total
decrease, $1,041,971
of it was on the western lines.
;
There was a shipment of $250,000
specie on Wednesday, but
for to-morrow’s steamers
nothing is reported.
Some of the
bunkers anticipate further
shipments, but it is quite uncertain,
as the movement of securities has so
much to do with the

3%.'.

J.

22.

April
21.

A

pril

Apr il

25.

26

April April
27.

28.

<fc J. "lOHs

lOlis *10118 101 % *10U4 101%
102
*102
102 % 102
102%
110 *3 *116% *116 H 116% 116
li 0*2 *110% *116 % Tll()% 116%
*
1213j. 121*6 121% *121 % 121
121%
*
12134 121 3; 121 % 121 % 121
121%
*132
*132
*132
*132
*130
*132
*134
*134
*131
*131
*132
*134
*136
*136
*136
*136
*134
‘136
*133
‘138
*138
*138
*136
*138
*140
*110
*140
*140
*138
*140

-Feb. *301%
-Mar. 110%
Q -Mar. *1163*

Q
Q

9 -Jan.

9

X.
.r.
j.
j.
,T.

-Jan.
<fe J.
& J.
ife J.
<k J.
& J.

Tills ia the price bid at the morning board; no sate

wa3 made.

State and Railroad Bonds.—The Tennessee bonds have been

pretty strong while the coquetting between the bondholders
committee, the Governor and the Legislature in regard to the
new
scaling compromise hasjbeen in progress. Virginias have
been depressed by the action of the State Court in
failing to
issue a mandamus to compel the receipt
of coupons for taxes;
the case now goes to the United States
Supreme Court on ap¬
peal. It is said that the cases recently argued in that court
involving the question'of one State’s suing another on its
bonds will be decided very soon, and some of the
low-priced
bonds, such as North Carolina special tax and South Carolina
non-fundable, have shown a little activity on the possibility of

favorable decision.
Railroad bonds are more active on a general investment de¬
mand, but not on speculation. The business is well distributed,
and prices are inclined to be stronger.
a

Railroad and Miscellaneous Stocks.—The stock market
has neither gained nor lost much during the past week, and
the total volume of transactions has been
comparatively moder¬
ate.
There have been no combinations or extraordinary

England weekly statement on Thursday showed
gain in specie of £141,000, and the percentage of reserve to
Liabilities was 44 3-16, against 43 5-16 last week. The discount
in the speculative favorites, and the developments
rate remains at 3
per cent. The Bank of France gained 6,400,000 movements
of fact, as noticed in our remarks above, have been rather
francs gold and 100,000 francs silver.
The New York City
Clearing-House banks in their statement against buoyancy than otherwise. The Pliiladelphia & Read¬
of April 22 showed an increase of
$4,093,400 in their surplus ing instalment on the deferred incomes, due ©n the 25th, is
reserves, the total surplus being $9,049,550,
against $4,956,150 reported to have been generally paid up, and Mr, Gowens
on April 15.
meeting in ‘ London April 21 was reported by cable as a
success.
The following table shows the
From tlii3 time until next July the main talk of the
changes from the previous Street will be on the
week and a comparison with the two
crop prospects, and certainly with every
preceding years:
inducement to agriculturists, furnished by the high prices, to
1882.
cultivate all the acreage possible, we should have a large grain
Differ nces ft''m
1881.
11-80
April 22.
previous week.
April 23.
April 24.
tonnage next season. In the meantime, the roads of the tar
Loans and dis. $309,688,400 Dec.$2,959,800
West, where immigration is heavy and competition is less
$305,717,600 $278,386,200
Specie
64,135,000 Inc. 2,909,400
damaging,
have got the best outlook for the time being. Some
66.804.200
43,983.600
Circulation...
19.366.800 Dec.
notice is drawn to Erie by the number of its new connections
640,200
17.217.400
20.612.800
Net deposits
293.351.400 Inc. 1,998.000 292,653.000 248,896.700 or
alliances, including bargains, either perfected or in negotia¬
Legal tenders.
18.252.400 Ine. 1,683,500
14.413.200
15,432,100
Legal reserve. $73,337,850 Tuc. $499,500 $73,163,230 $62,224,175 tion, for the New England connection at Newburg, the LhiReserve held.
cago line building from Marion, O., the control of the Cin¬
82.387.400 Inc. 4,592,900
81.222.400
01,415,700 cinnati
Hamilton & Dayton, and finally" the possible alhanc
Surplus
$9,049.550| Enc .$4,093,400 $8,059,150 $2,191,525 with the New York Chicago & St. Louis. It is said the Penn¬
sylvania Railroad’s operating expenses are large without re£j^° ’
Foreign Exchange.—Foreign bills have been strong and a and
must include items properly belonging to constructs ,
small amount of specie has been
shipped,
with the prospect of but the company lias issued no such explanation officially.
more soon
following, unless the London and Continental mar¬
At the close
a




«

.

prices

were

weak, led by Lake Shore.

*

*

•

THE CHRONICLE.

29, 1882.)

April

481

KANGE IN PRICES AT THE N. y. STOCK: EXCHANGE FOR THE
DAILY

HIGHEST

STOCKS.

Saturday,
April 22.
RAILROADS.
Albany A Susquehanna
Boston A N. V. Air-Line
Do

135

04

04
80

4734

49*4

Burlington Cellar Rapids A No.

1st

--

Do

71*8

60*2

08*4

89*4

89 °0

112

Dubuque A Sioux City

*83

3534
99 >i

70

70

3730

30*4

37

10030

—

*83
11

1U
19*4

19*4
80
72 >4

70
130

80

72*.i
134*2 134 S
40*4 40*4
27

*82

87

n*4

n

1970

1«

10
*90
*85

86
72 *2

*71

23

103=8 I05:,i

Long Island
Louisiana & Missouri River,...
Louisville A Nashville
Louisville New Albany A Chic.
Manhattan
Dc
1st pref
Manhattan 'each Co
Marietta* ^1 cinnati, 1st pref.
I)o
2d prof.

73

1(
91

81
7c

72*2

136*4 136 34
40*2 41

f2*2

50

Metropolitan Elcsvi ted
Michigan Central
Milwaukee L. Sli. A West., pret
Minneapolis* St. Louis
Do
pref...

..

50
88

90
80 *
48
20
00

293.t
87 *s
124

45*2

40 S

934

9:,4

g-ji.
10 ‘

“

30*2
88 =1

29 7h

807a
1‘>.,

24
1 00

00*4
127

47*4

30'V
837b

23*2-

124

104

01*2

123*4

New Haven * Hart.
Ontario &Western

New
Norfolk* Western
Do

Northern Pacilic

r170

303.

88's

89;ii

00*4

127

oi

01
128*4

Philadelphia * Reading
Pittsburg Ft. Wayne*Chic

3734

Bo

fct. Louis * San Francisco pref.
Bo
pref.
.

..

1st pref.

Bo
pref
St. Paul Miuneap. &
Manitoba.
Texas & Pacific
Toledo Belplios &
Burlington
Union Pacilic
Wabash St. Louis * Pacilic ““

38*2

77*8

i

15

78
16

30

3038

15

71

71

71*8

58

135*2 135*2

L75
20%

*22 *-2

51

123
29

713.4

553.4

5730

Bo

pref.

miscellaneous;

American Bistrict
Telegraph
Canton

C'omiiany

125

125

2834

23 34

51

39*0
78*2

7734
15*4

78 %

38**0
773.1

15*4

15

30

30

71*2

200
28 •‘b
57

28=8

71 *0
200

American
United States

31111111111

Wells, Fargo & Co...!!!!
COAL AND MINING.

Consolidation Coal
Hemestake Mining
Little Pittsburg M
ining
Mariposa Land & Mining
Maryland Coal
Ontario Silver Mining

Pennsylvania Coal
Quicksilver Mining
Standard Consol.
Cameron Coal..

MiSng

Central Arizona

Mining
Beadwood Mining
7.
Excelsior Mininir
New

co^..;

Robinson
Silver CliffMining...
Mining..
Sjorrnont Mining
are




177

i:25**

125

33 %

*103_
105
35
*

*0

24*2

25

00

01'*8

01*2
50

22

Feb. 241

11934 Mar. 13j

109*450

101

34

Mar.

8

Apr. 18(135 34 Jan.
Apr. 281 10
Apr.
Apr. 27 85
Apr.
Feb. ‘>>*<l(»9*.j Jau.
Mar.

07

Mar.

108

Feb.

:

175
Apr.
29 >2 Mar.

217e Mar.

3,2*75

20

Jan.

24

44*4
28 34
6034
1334

Mar.
Mar.
Feb.

583i 'Jan.
41 Ss Apr.
80=4 Apr.
25=0 Jan.
39=4 -Mar.

7830

35*4

3534!

*71*-

15

77*2
13=4
33 Ss

29*2

29*2

50'=8 57 70
*135*4 130*2
21

21

125

27*2
66

*26

30

* ”””

05*4

51

35

*71*2! *71** *71**4

50 34

125*"

7830
14*2

51

05*4

*38

40

*50

51

*80

90

14,307
47,569
4,312
1,000
V

"ido

27

90=4 Mar.
15

1,750

GO

242

190

1.500
99,250

Apr.
Feb.

119*2 119*2
3s ^ 393s

78

11334 119*2
3834 3930

78

*

39

*3834 **3930

39 =8

77*2 78
119
119*2

38=4

39S,

38 34

1234

50 *s

52

78
5230

503a

50*4 50*4
50*2 50*2
103*2 10434 104
101*2

28**

28

51^

29*4
53*4

5130

5214

45

45

44

44

50*2

51

28 7s

3334

39

*121

8130

.39

*125*2

82*2

*18
*2

18*2
2**

*35

35*4

*18

19

*2

2*8

373b

38
125

37*4
125

-140
*94

*74

140
95

75*2

*125*2 128

30*8
*18

*17g

*140

93*4
*74
*127

30*8

30*8

19
2

18*2

13”
58

*11*2
57

1030

16=>»

*10*2

*=4

78

78

25J4 Mar.

8
51 *o Mar. 11
133*2 Feb. 24
17
Mar. 9
110
Mar. 13
2,050 100
Mar. 11
300
24 *s J an. 11
a
20
J an.
i ,6*66 20*2 Mar.
1,800
55
Apr.
34 *2 Mar.
43
Mar. o
7P34 Feb. 24
26
Feb.
420
68
Jan.
1,426 108*2 Jau. 20
310
400
100

3*,6*13

*30

35*4

*35

16

35*4

*1*3**

11*2

13

*11*2
*56

17*2

10

*2*4

2=4

*2*2

*2*4

■'2 *2

*13
*2*2

*0

10

the prices bid ami
asked—no sale

17*2

35*2

*11*2 *11*34'13
*50
59
17*4'3 7*2 *17
17

*35

35*2

-12
*50
15

00
17

2*4

6*2
2 a4

71=8 Jan.
60
05

1,810

38

2,300

13

17,010
20
300

82,038
15
360
125

Feb.
Mar.

102 34 Mar.

37
128
37
122
*2
76 *8

139
90
72 S:
125

Mar.
Jan.

*6

15

234

7

*G

5

made at the Board.

55

81*4
115*2
42*2
89*2

15

38

64*4

96*4
74*4
07

115*4
49
190

Apr.

45 *2 Feb.

Apr.

1

62*4

Jau.
Jan.

161

4*a

93*8 Mar.l

77

92

Mar. 15 149*2 Jan. 10 120
163
97*2 Feb. 2s 62 =J 98
Mar. 8 80*4 Jail. 26 51*2 79
Feb. 24 130*aJau.
142
5 112
Feb. 18

Jan. 11

J

5

0=4 Feb.
27a Apr.

15

Apr. 20
2*4 Jan. 9
Mar.

2
0

14

an.

1=8 Jan.

Jan

30

19=4 Apr.
37

34 Mar. 21

1 *2 Feb.
was

14334

73*4

145

*4 Jan. 17
2

85
39
55
90
26
70

50

50*2
77*2

105*2 131=4
33*4 60

28
Mar. 14 36 7e Jan. 10
15=8 Jau. 17 1934 Fob. 4
1=8 Mar. 1
2*4 M ar.
2
Jan. 25
2 *2 J an.
15
Apr. 13 26 Jan.
33
139
Jau. 10 35*2 Apr.
240
Jan. 17 245
Jan.
"1*66 11*8 Feb. 27 14 *4 Jau.
100
65
Mar. 23 62*4 Jau.
14

174*2

88*2 113=4
41*2 73=8

200
300

1,100

80

Feb. :
53 7a Mar. i
109 *2 Feb. !

Feb.

Mar.

57*4
74=4

142

Feb.:

145

Apr.

37Sj
83
200

122
22
22
39

49=8 Jail. :

27*2 Mar. 28

”'*=4 *'"7S

*0

2=4

59

'1%

18S
2

Mar.
Mar.

31
60

"626

32

Jan.

407eJan.
60*2 Jan.
IOOS2 Jan.
31*2 Mar.

510
100

60

97=4 120

99*2 171

~

Jan.

51

88*8
37 70

50

27 *4 Apr.

92,520

70

61 *8
21
35

127
35

43=4 Jan.

80
123

53

Mar.
Jan.
Feb.
Feb.
Mar.

92

90 *2

32=4

27*4

36*2 Mar.
20

80*2

130*2
52 7e

104*4 190
25=8 43*2
23*2 26*2

Jan.

493, Apr.

2878
52*8

39*2
127
127
*2
*2
82
82 34

'2

51=0 Jan.
17*2 Jan.
II934 Jan.
38*2 Jau.

20,880

38 34

07
137
40
250
203

39=4

18
04
190

76*4 Apr.
Apr.
37=4 Jau.

3438 Mar.
10*2 Feb.
109*4 Apr.

22*424

51*4
10434 1053h

*30
*18

18*2
78

31,313

1U78

142
*140
142
241
141*2
94*2
94
94*4 94*4
9434
75*2 *74Si 75*2 *74*4 75 4
129
120
128
*126
128*2

*1

35*2

57
17

82

18*2
2*8

*35

6*2

*2*2

125

30*8

*14* *

*6
*14

38*4

139*2
383s 39 38

*2

“““

*50

2830
51*4

51

104*8 104*8

'8130 "82% *82** ’*82 7* **8134 *8230

*27*2

111

139
125

440
140*2 *140
142
93 78 93 7(
94
94
*74
76
*74*4
125
*126

50=8

28 34
52 '

*50*2 "56*2

iio" ui"
37

283s

3930
1234

23 *2 Jan.

Jan. 31 200

...

iVo*2 i’li 34 ii’osj iii'*2 iii *8 iii34 iii**iVi30 ii’i *4 ill*
=8
28
23 78
27*2 28

Feb.

9 110*2 Mar.

Feb. 24
Jan. 30

90

v43 >0 Jan.
85
Jan.

"*2 * *52 S! ’ 52=4 * 5*3 *0
387s 39 *41 38=0 39*8

77 7e
14 S

39=4

131
102
155

87 *a Jan.

4.500

52

114*2

353* Jan.
124 *2 Mar.

25*2 25 >2

30

*23*2

3 u *2

80=0 Apr. 2lj 104 *2 Jan.

*5,200 54
S2.924 125
7,815
14=0
3.300
33

*172

‘35 38

58
135
135*2 *135*4 137
21*2 21 '2
20
20

123
125
28 34 2834

12770
15*2

1.300
717

1,210

25*4

*5*6*7s **6*734

58*2

14=8

03

„

151,950

”

.

Adams

30*2

*

.

West.Union Tel., ex-certificates
EXPRESS.

105

15

7130

71*2

51*4

..

Colorado Coal * Iron
Delaware & Hudson Canal.
New York & Texas Land
Oregon Railway * Nav. Co
Pacific Mail
Pullman Palace Car.““““T
butro Tunnel

52*2

02 Ss
120 Ss
c>3

o5

-

23*2
51

52” *

39*4

*2*i"
123
29

25 *2

3830

..

Those

Sy 12734
*4 10

*175

25-0

89=1
25'y

25

02 *.,

15

197*2 197*2 .195*2 198
28*2 28*2
28
28*2
55*2

Rich.* Allegh., stock trust ctfs.
Richmond & Danville
Richmond & West Point
Rochester & Pittsburg
Rome Watertown &
Ogdensb’g
It. Louis Altou * Terre Haute.

central

0 1

30 71
7434

74*2

175
2 5 30

25

105

303e

*50*2 TT* 5*2 *2

50*2

15*2
37

Evansville...

Bo
f$t. Paul A Buluth

2534

51*4
a8

Oregon & Trans-Continental...
Panama, Trust Co. certilicates.

10

*1

88=a

23=4 12334

01

103

175

25-8
38
78

Ohio Southern

.

1

1203.1 127*2

30=8
75*4

75*2

">

89*4

21

i'23” i;i;*'

i23*4 12*3

3730

175

prof

High

’*3*030

70

105

30*4
73*4

253a

..

l)o
pref
Ohio Central
Ohio & Mississippi
Do
pref

Peoria Decatur *

105

353.4
73*4

pref.

.

Low.

li;

30

pref.

Elevated
Lake Erie * West..

Highest.

*4*5*'2

89
79 50

807,
48:V

00*2 007
1204. 128*4

'27%

28

74*2

90*2

32*->

Memphis A Charleston

Missouri Kansas & Texas
Missouri Pacilic.
:
Mobile & Ohio
Morris * Essex
Nashville Chattanooga * St. L.
New V ork Central * Hudson
New York Chic. * St. Louis—

28

45

*90
10

28 *4

I03=y 105=,. ll>27e 105

75*8

*43*2

135

Lowest.

,

135*2 137
40*4 41

28*4

■

*132

Shares.

*7*6*8

70
138

10% 107l
11738 11878
59 70 01=8

*90* \ "o'l'”

80*2

*4

prof

Lake Erie A Western
Lake Shore

134

For Full
Year 1881.

Rauge Since Jan. 1, 1882

Sales of
the Week

i*29*=8

9934 1003e

80
1 1*8
20

*19

*96" *91

Illinois Central
Indiana Bloom’ll A West., now.
Keokuk A Des Moines

New

75

*09” ”73”

85

23

131
129
130*4
140*2 139*2 140
127*2 127*4 12734

TTj TiSs 10=8 11
110-4 113*8 110*4 11734
58% 60'
58;*8 00*2

Do
pref.....
Houston A Texas Central

New
New

*21*2

112% 112*0 11234
12234 122*4 122*4

120*2
128*2
139*2
120*2

135 *2 180*2

’q

21

29*2

130
130
130 34 131

130*2

75

TT! *72'

Green Bay Win. A St. Paul
Hannibal A St. Joseph

130
111

77

10

134

April 28.

JAN. 1, 1882.

130
Jan.
135
Mar.
120
135
32 % J an.
32*4 Jau.
25
30
*3*i6 (50 Jau.
70*4 Feb.
45
71*2
80
72 Sj Apr.
85*a Fob.
09
90
48*2 50*2
50
2*909 44 Feb.
50 *2 Jan.
50
90
100
15
Feb.
23
Mar.
32*2 32*2
10
40*2
100
29 7b Mar.
37 *4 J an.
31
45
07*4 08 34
08*0 09*4
O839 71
199,393 05 Sj Apr.
97*2
Feb.
82
112
*8834 89*2
S
89*2 89*2
89
89*o
4,255
80
Feb.
94 7b Jan.
*20
21
*20
21
80*2 102 7«
20*4 20*4
300
19>o Mar.
26
*29
Jan.
30
*29
20=4 33 7#
30
*29
30
200
27
*4
21
Apr.
21
37=4 Jan.
32=4 48*4
*21*2 23
*21*2 23
233
21
Mar.
130*2 130*2 130
2034Jan.
23
36 7s
1303a *130
13L
412 127*2 Mar. 11
130*2 130*2 130
135Sj
Feb.
127
156
130*4 130
130
2,210 127 *3 Mar. 13 138 Jan.
112
111*8 11230
133*2 182*2
112°8 111*8 112*0
80,058 104 Sj Jau. 4 118*4 Mur.
121*4 121*4
121
101*2 129*4
1217«
3,910 11834 Apr. 14 120
128 a4 12934 i 2*8
Mar.
11G34 140
12830 129=8
00.800 124
Jan.
4 130
Feb.
139*4 140*2 13934 140
117
136
140
140
2,000 130
10
145
Apr.
Feb.
127*4 127 *2 127*4 1277e 127*2 127*2
131*8 147*2
4,002
125*2
18
135
*75
Jau.
Apr.
129
77
148 %
*75
78
*70
78
300
68
Mar. 8 84
Feb.
40
88
36=0 37 *a
30 34 37
30*4 37 S
32,200 29 3* Feb. 23 39 *4 Mar.
99 70 100*4
33*2 51
99 a4 100*2
9934 100*4
23,100 97 Sj Feb. 24 100 34 Mar.
91
49
109*2
49
49
49
300
44
Liar. 9
57 *2 Jau.
41 Ss
* ’7*3** 72
68*4
72
71*2 71*21
1,100
68
18 84
Jau.
Apr.
81
137*2 138
*137*2 138
101=4
*137*2 138
210 133
Jan. 7 138*4 Apr. tt 12? *4 14*
70
Mar. 10 104
Feb.
82
95*8
10'.» 107e
10*2 10*2
2*13*5
9*4 Feb. 13 217a Jan.
11730 118=8 11?34 11834 117=0 119*4
18=4 32 7a
188,940 116*4 Apr. 24 128 *2 Feb.
131
107
5934 61*4
00 7h 62
00*4 61*2
201,175 52% Mar. 14 74 % Jau.
84
84
00
83
113*4
83 *2 85
83
375
82
85
Apr.
70 *2 88
1O70 11*4
Apr.
11*4 11*4
11*0 1130
5,800
10
Feb.
10
Jan.
21
13
19*4 19*2
20
19 70 20*4
20*4
1,500
10 S> Mar.
26*2 Jan.
23
33
000
8
Feb.
16
Jan.
*90** *91** *90
91
**9*d’* 91*
90
Mar.
,110
85
3*5*6“
85*2
80
80*2
80=0 80=6
i'.odd 70 Mar. 2 111 -4 Feb.
Jan.
121
1,000
61
Mar. 11
80
i 3*0 Hi 13*0*2 130 130
Jan.
100
130 Si i3034
1,890
4
12?34
Jan.
40
137=0
Mar.
40
146*2
40 34 40 34
40 >4 40 »4
2,302
36
Mar. 0 4878 Jan.
57*2
15 34 1 5 :>4
15*4 15*4
100
13 4 Feb.
19
Mar.
30*4
20
Mar.
49
Jan.
28
50
28
*28*2 *2*8 =4
2,32*5 27 Apr.
37*4 Jan.
102 >8 1033, 10230 103*2
65=4
101=8 103=0 280,340 101 •Sj A
pr.
120*8 Mar.
135=4
49 >2 Feb.
50
Mar.
63
10
Mar.
24
Mar.
74 *4 75
38
75 S
7434 70 =4
55,075
05
Mar.
100=4 Jan.
110*2
315
57 Sj Apr.
75
J an.
117*2
”4*7"
*4 0** '*47**
17%
820
4 3
Apr.
Feb.
*90
00*8
90
59*2
90
90
90S.
600
90
93 Ss Jan.
Apr.
31
31*2
300
25
Jan.
37
Mar.
2,100
9 ’2 Apr.
15 *2 Jan.
4*2
4*2
JOJ
4
9 S Jan.
Apr.
400
40
Mar.
S2 \. Jan.
T*6” * *9*0 ij *90
90 Ss *90
90 Ss
271
84
Jan.
92
Fob.
79*-j 80 70
79=0 81
79=4 81*a
47,770
77.
Apr. 18 90 J an.
120*2
47*2 47 *2
47
48
] .700
413, Mar.
Jan.
64 78
52 Jan.
5,915
19
Mar. 0
21
30Sa
3.500
59
Fob. 25
01
J an.
70%
20% 30*,, T6” 30
T o * To 3
27,310 20'*0 Mar. 11 39=0 Jail.
54
87;,h 887,
87

09 *2

29*2

35=0 303s
99's 9J7,

East Teimessoo Va. A Ga
Do
pref..

Friday.

April 27.

*131*2

89*2

*20

130

Cleveland Col. Cin. <fc Iml
ClevelandA Pittsburg guar....
Columbia A Greenville, pref....
Columbus Chic. & Ind. Central.
Delaware Lackawanna A West.
Denver A Rio Grande

Do
York
York
Do
York
York

April 20.

135

07*2
89*2

21*2 21*2
128*2 128*2

12934

*74

PRICES.

Wednesday,! Thursday,

49

120*2
1294.
139
125y4 127 *0

Chicago A Northwestern
Do
pref...
Chicago Rock Isl. A Pacific
Chicago St. L. A New Orleans..
Chicago St. Paul Minn. A Ora..
Do
pret.
Cincinnati Sandusky A Clev—

LOWEST

WEEK, AND SINCE

*

89
20 *4
30
23

129 y4
111
120
128 ^
139 *4

pref.

Do

*130

00

*20
*22
G 28^4

pref
pref

Chicago A Alton
Chicago Burlington <fc.Quincy..
Chicago Milwaukee <fc St. Paul.

.

135

88*4
20*4

Chesapeake A Ohio
2d

Tuesday,
April 25.

---

-

Do

*132

AND

....

Canada Southern
Cedar Falls A Minnesota
Central Iowa
Central of New Jersey
Central Tacilic
jjo

Monday,
April 21.

*132

prof...

.

■

9!
20
Jan.
4
Jar.. 28‘
5i
2 *4 Jan.
1 *2 Feb.

0]

18
2

2%
1*2

THE CHRONICLE.

482

RAILROAD BONDS AND MISCELLANEOUS SECURIITE3.

QUOTATIONS OP STATE AND

STATE

AlabamaClass A, 3 to 5,1906
Class A, 2 to 5, small
Class B, 5s, 1906
Class C, 4s, 1906

82 4
99
1024
84 % 85 4
no

6s, 10-20s, 1900

Georgia—6s, 1886
7s, new, 1886
7s, endorsed, 1886

27
23

35
28

21
20
8
100
105

27

Do

1152* 120

7s, gold, 1890

66
60

7s, consol., 1914
7s, small

664

6s,
6s,
6s,
6s,
6s,

109
1104
Ill's

1124
114
1164
107

’87.) 1084

do

New York—
6s, gold, reg.,

1104
1094

Louisiana—

102 4

68, due 1882 or 1883
6s, due 1886
6s, due 1887
6s, due 1888
6s, due 1889 or 1890
1
AsyI’m or Univ., due’92
!
Funding, 1894-’95
Hannibal A St. Jo., ’86.;

Arlranqqq

6s, funded. 1899-1900...
7s, L. Rock A Ft. S. iss.
7s, Memp. A L.Rock RR
7a, L. R.P. B.&N.O. RR
7s, Miss. O. A R. R. RR.
7s, Arkansas Cent. RR.
Connecticut—6s, 1883-4..

Do
Do
Do

Missouri-

......

„

.

.....

La. A Mo.—1st m.. guar.
2d mort., 7s, 1900 .....
St. L. Jack.A Ch.—1 st m
1st, guar. (564), 7s, ’94
2d m. (360), 7s, 1898..

2d, guar. (188), 7s, ’98
Miss.R.Br’ge—lst.s.f. 6s
C. B. AQ.—8 p.e., 1 st m.,*83
Consol mort., 7s, 1903..

6s, sinking fund, 1901..
Iowa Div.—S. F.,5s,l919
Iowa Div.—S.F.,48,1919
C. R.I. A P.—6s,coup.,1917
6s, 1917, registered
Keo. A Des M.—1 st, g.,5s
Central of N.J.—1st in.,’90
1st consol., assented, ’99
Con v., assented, 1902...

Adjustment, 7s, 1903...

80 4

814
45
101
125
101 4

1*204

1154

lot 4

1284)1284
1014

104 4
118
108 c,
113 4>
**

.....

1044
1064 .07 4

110

1st,consol., gold, 7s. 1920
1st, consol., fd.cn.. 7s...
Re..rg., 1st lien, 6s, 1908
Long Dock bonds,7s, ’91
Butt. N.Y.AE.—1st,1911:
N.Y.L. E. AAV.-New 2d,0
2d, consol., fd. cp., 5s.
Buf. A S.W.— M.* 8,190."
Ev. A T. II.—1st cons., Os
Fl’tAP. Marq.—M.6s.1921
Gal. liar. A S.Ant’o—1st, 6s
2d mort., 7s, 1905
G. BayW. A St. P.—1st. 6s
Unit Col. A S. Fe—7s, 1909
Hail. A St. Jos.—8s, conv.

112
112
105
105

86
127
127
104
117
108
111
107

105
1044

2d mort., ext’d 5s, 1919.
3d mort., 7s, 1883
4th mort., ext’d, 5s, 1920
5th mort., ext., 7s, 1888

444

74

74
80

1910

.....

*

106
118
130

584
584

15

3‘65s, 1924
Small bonds

80

Registered
Funding 5s, 1899
small

Do
Do

107
......

9434

94 4

125
......

V. Cent.—Continued—
6s, real estate, 1883
6s, subscription, 1883..
N. V. C. A H.—1st m.,cp.
1st mort., reg., 1903 ..
II uds. R.—7s, 2d, s. f.,’85
Canada So.—1st, int. gu.
Harlem—1st m., 7s, cp..
1st mort., 7s, reg.,190O
N. Y. Elev’d— 1st. 7s. 1906

registered

So.Car.R’y—Continued—

N. Y. Pa. AO.—Pr.l’n,6s,’95

N.Y.C.AN.—Gen.,6s,1910
Eng.—1st, 7s.

N.Y.A New
1 st m., 6s,

103 4
103 4
133

.....

90
103 4
103
104
107
109
84:
85
107
108
107
104
104
III7*. 112
108 4 111
112
115
118
1194

Tex.Cen.—1st,s.f.,7s, 1909 1084 no
90
Tol. Del. A Bur.—Main. 6s
86
1st, Dayt. -Div., 6s, 1910
1st, Ter’l trust, 6s, 1910
7*8*
Vrg. Mid.—M. inc.,6s,192?
78
80
W. St. L. A P.—Gen. m., 6s
82
Chic. Div.—5s, 1910
97
llav. Div.—6s, 1910
'Tol.P.AW.—1st, 7s,1917 107*4
89
Iowa Div.—6s, 1921
Ind’polis Div.—6s, 1921.
Detroit Div.—6s, 1921..
Cairo Div-— 5s, 1931. ...
Wabash—Mort. 7s of ’09
'Tol. A W.—1st, ext., 7s 41114
1st, St. L. Div., 7s,1889 102
2d mort., ext., 7s, ’93.. 1024
Equipm’t bonds,7s, ’83

134*

1334 133 78
111
95 7b
137

110

95a4
...

1164 117

—

55

51
......

1905

884

97
1014 101

Nevada Cent.—1st m., 6s.
N. Pac.—G.l.gr.,lstcon.0s

...

Registered (5s, 1921

86*4

86
103 4 104 4

N. O. Pac.—1st, 6s,g.,1920
Norf. AW.—G.l.m.,6s, 1931
Ohio A Miss.—Consol, s. f.

*9*6
Consol., conv., 7s, 1907
West.—1st, 7s, ’88. 108
2d mort., 7s. 1893 ... 4103
Q. A T.—1st, 7s, 1890
111.AS.I.—1st, 7s, 1882 **97*

1174 1184
117 4 118 4

Consolidated 7s, 1898...
2d consolidated, 7s,1911
1st m., Springfield Div..
Ohio Cent.—1st, 6s, 1920.
1st m., Ter’l Tr., 6s, 1920
1st Miu’l Div.—6s, 1921
Ohio So.—1st M., 6s. 1921.

Gt.

120
122
97

118
120

90

2d, 6s,,1921....

......

N.Y.C.&St.L.—lst6s,1921 x884

1264 127
....

**59'*

District of Columbia—

824

N.

xu44 iuu

.....

100 4

74

934

MISCELLANEOUS SECURITIES.

AND

RONDS

’

6s, gold, series A, l9()8.
6s, gold, ser. B, int. def.
6s, currency, int. def ...
Mortgage, 6s, 1911
Chicago A Alton—1st m..
Income 7s, 1883
Sinking fund, 6s, 1903..
Joliet A Chicago—1st m.

18
18
44

6j3, 1886

r

i02”

10
10

clas8 2
class 3

Do
Do
Consol. 4s,
Small
Ohio—

93
Det.Mack.A Marq.—IstOs t
75
Land grant 3 4s, 8. A...
(Stock Exchaiujt Prices.)
E. T. V a. A (! a.—1 s t7 s, 1900 b 115
Ala. Central—1st, 6s, 1918
754 764
1st cons. 5s
Atcll. T. A S. Fe—4 4.1920
90
97
Divisional 5s. 1930
Atl’e & Pac.—lst.Gs, 1910
Eliz.C. AN.—S.F.,deb.c.6.~
Balt.AO.—1st, 6s, Prk.Br.
94
;oo
484 48 4
1st mortgage, 6s, 1920
Bost. H. A E.—1st mort.. 102
99
1024 Eliz.Lex. A Big S’y.—6s..
Bur. Ced. R.<fe No.—1 st, 5k
Erie—1st mort.. extended. 41284
Minn. A St. L.—1st,7s,gu tl25

C.Rap.Ia.F.A N.—1st,6s
Central Iowa— 1st, 7s, ’99 112
Char. Col. A Aug. -1st, 7s $108
Cheasp. A O. -Pur. ni’v fd.

115

Special tax, class 1, ’98-9

108
109

6s, Act Mar. 23,1869 >
74
non-fundable, 1888.. >1
Brown consol’n 6s, 1893 1024
Tennessee—6s, old, 1892-8
6s, new, 1892-8-1900...7*
57 4
6s, new series, 1914
33
Virginia—6s, old
33
6s, new, 1866
33
6s, new, 1867
85
6s, consol, bonds
61
84
6s, ex-matured coupon..
40
6s, consol., 2d series
14
6s, deferred

Rhode Island—
6s, coupon, 1893-99

Railroad Ronds.

7s

off, J.AJ.
off, A. AO.

Do
A. AO
Chatham RR

gold, coup., 1887
loan, 1883
loan, 1891
loan, 1892
loan, 1893

CllV. ru.X'.iSt I' -.C.—it>l, i K

Iowa C.A West.—1st,

coup,
coup,

Funding act, 1866-1900.
Do
1868-1898.
New bonds, J.AJ., ’92-8

1887.

RAILROAD

A.AO

Ask.

South Carolina—

28
28
135
135
115

old, J. A J.
6s, old, A. A O
No. Carolina RR., J.AJ.

N. Carolina—6s,

Bid.

SECURITIES.

Ask.

Bid.

SECURITIES.

higan6s, 1883
7s, 1890

83

82

BONDS.

Ask.

Bid.

SECURITIES.

Ask.

Bid.

SECURITIES.

[Vol. XXXIV.

Naples—1 st, 7s

Han.A

St.L.K.C.AN.—R.e.,7s
Om. Div.—1st mort., 7s
Clarinda Br.—6s, 1919
St. Chas. Br.—1st, 6s..
No. Missouri—1st, 7s.

.

84

109

1044

166*'

1*02*

1*04**

105

110
100

A Cal.—1 st, 6 s, 1921 193
100
106
Panama—S.F. sub. 6s, 1897
123
106
Peoria Dec. A Ev.—1st, 6s 104
1004 West.U. Tel.—1900, coup. 41194
Evans. Div.,1st, 6s, 1920
1J
6
4
1900. reg
tll934
Pac. RRs.—C.Pac.—G.,6s. 116 4
109
N.W. Telegraph—'7s, 1904
San Joaquin Branch..
107
^
Spring Val. W .W.—1st, 6s
Cal.A Oregon—1st 111..
1094
Oregon RR.ANav.—lst.Gs
105
State Aid bonds,7s,’84 1103
INCOME BONDS.
104 4
107
Laud grant bonds, 6s.
(Interest pagahle if e<trned.)
West. Pac.—Bonds, 6s 111
1
103 ‘v 104 4 Ala. Cent.—Inc. 6s, 1918.
So. Pae.of Cal.—1st, 6s.
Atl. A Pac.—Inc., 1910..
Union Pacific—1st mort. 1174
90
Central of N. J.—1908....
Land grants, 7s, ’87-9. 1112 4 113
1124
120
Chic.St.L.
119
AN. 0.-2(1,1907 4
4
894
Sinking funds, 8s, ’93
45
Col.Chic. AI.C.—Inc.7s,’90
75
Registered 8s, 1893...
|
70
Cent. Ia.—Coup.deb. certs.
105 4
Collateral trust, 6s.
1014!
Chic.St. P.AM.—L.g.mc.Gs
75
Kans. Pac.—1st,6s,’95 110 4 114
1114 112 4 Chic. A E. 111.-Inc., 1907
107
1st m., 6s, 1896
113
111
Des MAFt.D.—1 st, 1 uc.,Gs
81
Den. Div.,6s,ass’d.’99
50
106 4 Det. Mack. A Main.—Inc.
106
1st cons., 6s, 1919...
50
E.T. V a. AO.—Inc.,6s,1931
Ct. Br. U. P.—F.co.,7s,’95 100
Eliz.C. A No.—2d Inc., 1970
9*8
95
A tell.C.A P.-lst,6s,1905

......

Consolidated 6s, 1911...
Hons.AT.C.—1st., l.gr..7s
1st mort., West. Div., 7s
1st mort.,Waco A N., 7s
2d, consol., main line. 8>
2d, Waco A N., 8s, 1915
4..,—.
Gen. mort., 6s, 1921
IIous.E.AW.Tex.—1st, 7s
111.Cent.—Dub. A S. C., 1 st
Dub. A S. C., 2d Div., 7s I07;;.j
112 4
Ced. F. A Minn.—1st m
Ind.Bl.A W.—1st, prof.. 7 s 115
89
1st mort.. 3-4-5-Os, 1909
4734
2d mort., 3-4 5-6s, 1909

O r.ego n

......

.

......

1014 *1*0*2 *4
Leh.AW B.—Con.g’d.as
95
Indianap.D ASpr.—lst,7s 1014
Am. D’k A Im.—5s, 1921
133 4 135
♦
2d, 5s, 1911
C.M. A St. 1\—1st .8s, P. I).
Int.AGt.No.—lst.Gs gold 4
2d 111., 7 3-10. P. D., 1898
*12*7**
1st m.,7s, $ g., R; D.,1902
Coupon, 6s, 1909
Kent’ky Ceil.—M.,6s.1911
1st m., LaC. Div., 1893.. 4120
119
I.ake
Shore A Mich. S.—
1st m;, I. A M., 1897....
125
Mich. So. A N.I. s.fd. 7s 109 4
1st m., I. A D., 1899 .
98
At..lew. Co. AW.—lst.Gs $
41.23
127
Cleve. A 1 ol.—Sink. fd.. 109 4 no
1st m., C. A M., 1903
104
1108
1214 122
Oreg. Short L.—1st 6s..
New bonds, 7s, 1886
Consol. 7s, 1905
1 15
100
Utali So.—Gen., 7s, 1909 105 4
Cleve. P. A Ash - 7s..
2d mort., 7s, 1884
121
123 4;
Extens’11, 1st, 7s, 1909
Butt. A Elio— New bds.
1st. 7s, LA J). Ext.,1908, i 119
108 4
Mo. Pat;.—1st consol., 6s 103-4 105
Bull'. A State Lire- 7s.. 4100
6. W. Div., 1st, (is, 1909.
|
108
3d mortgage, 7s, 1906. 110 4 112
Kal. A W. Pigeon—1st .
1st, 5s, La.A Daw, 1910. 493 ]
107 4
4 *126
108
Pacific of Mo.—1st, 6s..
Det.M.A T.—1 st,7s, 1906 [i 122
1st S. Minn.Div.,0s,ID 10
12*2
4
114
111
117
4120
2d mort., 78, 1891
117 76
Lake Sliore—Div. bonds 'J'
1st m., H. A 1)., 7s, 1910
1004
100
L.
St. L.A S.F.—2d, 6s, cl.A
Consol., coup., 1st., 7s 127 4
Ch.A Pac. Div., 6s, 1910 1094 110
90
94
3-6s, class C, 1906
1st Chic. A P.\V.,5s,1921
Consol., reg., 1st. 7s... 125 4 127
J 944
904
93 41 94
3-6s, class B, 1906
Consol., coup., 2d, 7s.. 125 4 128
Min’l Pt, Div., 5s. 1910.
89
1st, 6s, Peirce C. A O.
Consol., reg., 2d, 7s ... 125 4
C. AL.Sup’r Div.,5s,1921
115
Equipment, 7s, 1895..
C.A N.west.—8.1, 7s, 1885 109
Long Isl. R.— 1st, 7s, 1898
96
98So. Pacific of Mo.—1st in 105 4
1st consol. 5s, 1931
Interest bonds, 7s, 1883
Tex. A Pac.—1st,6s,1905
1184
Louisw.A N.—Cons,7s,’98 118
Consol, bonds, 7s, 1915.., 7*1*3*2 4
95
103
Consol., 6s, 1905
2d mort., 7s, gold, 1883
Extension bonds, 7s, ’85
634 644 .
109
Income A I’d gr., reg.
Cecilian Br’cli—7s, 1907 1 03 *8 1044
1st mort., 7s, 1885
814 81V
96
1st,Rio G.Div.,6s,1936
1284
N.O.AMob.—Ist35s,l 930
Coupon gold, 7s, 1902... 4126
127
Pennsylvania RR—
E. II. A N.—1st, 6s, 1919 tl’oo"
Reg., gold, 7s, 1902
95 4
Pa. Co’s guar. 44s 1st c.
984 99 4
Gen’l mort., 6s, 1930..
Sinking fund, 6s, 1929.. 4 1104 110
1014
Registered, 1921
Pensacola Div—6s, 1920
Sinking fund, reg
Pitt.C. ASt.L.—1st c., 7s
994
St. L. Div.—1st. 6s. 1921 i*o*i“
Sinking fund. 5s, 1929..
50
52
1st reg., 7s, 1900
2d mort., 3s, 1980
Sinking fund, reg
115
2d, 7s, 1913
Nasliv. A Dec.—1st, 7s.
Iowa Midl’nd—1 st in.. 8s 1*3*6“ 132
140
1*0*2
Pitts.Ft.W.ACh.—lstm U39
S.A N.Ala.—S.f.,6s,1910 4
Peninsula—1st m., conv. tl30
il37
2d mort., 7s, 1912
i.2*4“
Leban’n-Knox.—6s,1931 4101
Chicago A Mil.—1st 111.. 4121
3d mort, 7s, 1912
L’isv.Cin. A L.—6s, 1931
Winona A St. P.—1st m. 1094 1094;
4122 4 1234! L. Erie A W.—1st, 6s,1919 101 4 1024
Clev.APittsb.—Cons.,s.f
2d mort.. 7s, 1907
112 4 115
100
4th mort., 6s, 1892
Mil.A Mad.—1st,68,1905
Sandusky Div., 6s, 1919. +
126
104
Col. Ch.A I. C.—1st, cons $120
Laf. Bl.A M.—1st, 6s, 1919 103
C. C. C.A Ind’s—1st,7s,s. f. 4*12*64
2d con., 7s, 1909
126
Louis v.N. A lb. AC.—1st,6s 103 4 1033b
Consol, mort., 7s, 1914.. 4124
125
84
92
1st, Tr’t Co. ctfs., ass’d U12
Manliat.B’ch Co.—7s,1899
C St.L.AN.O.-Teu.lien,7s 118
1183. 121
2d, Tr’t Co. ctfs., ass’d
N. Y.A M.B h—1st,7s,’97
1st m\, con., 7s, 1897
115
1st,Tr’t Co.ctfs.,suppl. 4
C. St, P.M.A O.—Cons., 6s 1024 1024 Marietta A Cin.—1st, 7s..
121
114
St.L.
4 116
V.AT.H.—lst.g., is
1st mort., sterling
C.St.P.AM.—lst,6s,1918
2d mort., 7s, 1898
No. Wise.—1st, 6s, 1930. 4106
Metrop’lit’11 El.—1st, 1908 i'oT* i*02**
92
95
2d 111.. guar., 78,1898.
2d mort., 6s, 1899
St.P.AS.C.—1st, 6s,1919 4110 4 111
904 95
Pits.B’d.AB.—lst.Gs, 1911
Midi.Cent.—Con.,7s, 1902 1274 128
Chic.A E.111.—lst.s.f.,cur.
91
103
1014 102 4 Rome W.AOg.—Con., 1st.
1st mort., 8s, 1882, s. f..
Col.A Green.—1st,6s,1916 102
“8*5** 90
Trust Co. certificates...
90
2d, 6s, 1926
Equipm’nt bonds, 8s,'83
101
Roeh.A Pitt.—1st,6s,1921
no
Del. L. A W.—7s, conv. ’92
6s, 1909
*90
4128
96
98
Rich. A AU’g.—1st,7s,1920
Mort. 7s, 1907
Coupon, 5s, 1931
99 4 100
122
96
9-t
Rich. ADanv.—Cons.g., 6s.
Registered, 5s, 1931....
Syr.Bing.A N.Y.—1st,7s 138 1234
70
69
Debenture 6s, 1927....
106 4
140
Jack. Lan.A S—6s, 1891
Morns A Essex—1st m.
90
Atl. ACh.—1st, p.,7a,1897
41164
Mil. ANo.—1st,4-5-6s,1910
2d mort., 1891
116
102 7fe
Mil. L.S.AW.—1st 63,1921
Inc., 1900
Bonds, 7s, 1900
i*oo 4 i02
Scioto Val.—1st, cons., 7s.
1214
7s of 1871-1901
Minn.ASt.L.—1st 7s, 1927 i 15
St. Louis A 1. Mount.—1st 116-a
1st m.,consol., guar..7s 125
1264
Iowa Ex.—1st, 7s, 1909. 112
:
2d mort., 7s, 1897
109:,4
2d mort., 7s, 1891
Del. All.C.—lstm.,7 s,1884 106
1064
no
Arkansas
Br.—1st
mort.
109^4
1104
1st mort., 7s, 1891
S’tliw. Ex.—1st, 7s,1910
41164
98
98 4
Cairo A Fulton—1st m.. 1094 1104
1st mort., ext., 7s, 1891.
Pac. Ex.—1st, 6s, 1921
108 4 no
81
Cairo
Ark.
A
T.—lstni.
Mo.
K.
A
814
1st mort., coup., 7s, ’94.
7b
T.—Gen.,con., 6s
1164
79
78
116
1st mort., reg., 7s, ’94...
Gen.c.r’yAl.g.,5s,1931..
Cons., assented, 1904-6. 1054 106
63
St.L.Alton A T.H.—1st m. $116
2d mort., income, 1911..
let, Pa. Div., cp.,7s,1917 125
107 4
2d mort., pref., 7s, 1894.
108 4
H. A Cent. Mo.—1st,*90. 108
Reg., 7s, 1917
101
2d mort., income, 7s, ’94 $.
112
Mobile A O.—New m.. 6s.
Alb. A Susq.—1st in., 7s 4 i 1*3 4
120
118
BellevilleAS.
Ill.—lstm.
105
2d mort., <s, 1885
1054
Collar. Trust, 6s, 1892. 4
St.P.Minn.A Man.—1st,7s 110
-ISO
1st, cons., guar.Ts, 1906
Morgan’s La.ATe.x,1st,6s
2d mort.. 6s, 1909
107-8
Nash.Chat. A St.L—1st, 7s lid 4 1164
Bens. A Sar.—1st. coup. 4 ”3*5** 140
Dakota Ext.—6s, 1910
1st moit.,
108*4 i09
i4i35
V.f reg.,
.j 1921
f 1 » ' C/
2d, 6s, 1901..
St. P. A Dul.—1st,5s, 1931
104 4
Denv. A KicGr.— 1st,19001 1144
N. Y. Central—6s, 1883
.
So. Car’a R’v—lst.6s.1920 *98** ‘*9*8 4
111
1st. ■ onso... 7s, 1910| 10641064!
6s. 1887
...

......

*2*3*

......

......

.

......

O’ BayW.ASt.P.—2d,Inc.
1 ml. B1. A West.—111c.,1919

Lehigh A

..

3d
4th

......

.

.....

......

......

......

......

......

......

......

......

......

••••••

483

884
49

Sand’ky Div.—luc., 1920

.

......

7s, ’99

Laf. Bl.AMun.—Inc.7s,’99
Mil. L. S. A W.—Incomes.
Mob.A O.—1st prpf.debou.
2d pref. debentures

...

......

W.B.Coat-1888

Lake K. AW.—Inc.

......

.

70
60

lud s Dec.ASpr’d—2d 111c.
Trust Co. certificates..lilt. A Gt. North.—2d luc.
2d assented, 6s, 1909....

_

90
81

494

pref. debentures
pref. debentures—

N.Y.LakeE.AW.—Ino.Gs.
.Y. P.A O.—1st inc.ae.5-7

Ohio Cent.—Income, 1920
Min’l Div.—Inc. 7s,1921
Oliio So.—2d Inc., 6s,1921

Ogdeusb.AL.C.—Inc. 1920

PeoriaD. A Ev.—Incomes
’
Evausv. Div.— Inc.,1920
Roeh. A Pitts.—Inc., 1921
S. Caro. IVy.—Inc.,6s, 1931
St. Louis I. Mt. A So.—

1st, 7s, pret.. Lilt accum.
2d, 6s, iut. acc’millative

334

36

*2*8

*32*

69
69
42

*7*7*

445

48

90

94
87

20

25

42
90
112

43
100
114
114

St’gl.&R’y—Ser.B.,iuc.’94
Plain Income 6s,

1896..

Sterling Mtn. R’y Inc.,’95
St.L.A.AT.H.—Div. b’nds
Tol.DetA B.—Inc.6s,1910
Dayton Div.—6s, 1910..

Tex.ASt.L.—L.g.,ino.l920

Miscellaneous List.

......

......

.....

.....

......

-

......

.....

AWV

,

.....

.

♦Prices nominal,




1*1*44

f And accrued interest.

.

..

4 No price Friday—these are

..

(Broker's Quotations.)
Va. State—New 10-40s...
Car. Central—1st, 6s, 1920
Cent. Ga.—Consol. 111., 7s.
Stock

110

Chic.St.L. AN.O—os, 1951
Cin.Ind.St. L.A C.—1st,6$

104

Gal. 11. A Hen.—7s,

1*2*6*

g.,1903

Georgia Railroad—7s
6s
Kansas A
2d mort

v*

Neb.—1st mort..

Long Island—1st mort.. .
Meiuph. AChar.—1st, cons.
1st, consol., Tenn. lien..
N. O. A

Jackson—1st, 8s.

8s.
N.Y.AG’uw’d L.—1st,7s,n
Certificate, 2d mort.,

2d mort
St. Joseph A Pac.—1st m.
2d mort
St. Jos. A West’n—Stock.
Tex. A St. L.— 1st, 6s,1910
Western, N. C.—1st, 7s...

latest quotations made thi3 week.

99

107
68
17
115
106
no
109
115
30
8

65
22
11
75

105

i02*
75

125
110
78

iS
112
122
45
12
78
15
82

108

THE

1882. J

April 2d,

CHRONICLE.

New York Local Securities.

Quotations

483
Boston, Philadelphia and Baltimore.

m

Insurance Stock List.

Bnnk Stock List.

No. 7 Pine

Bid

SECURITIES.

[Quotations by E. 8. Bailey, Broker,

Ask.

Cam. * Atl. 1st m. 7b. g., 1893
do
2dm. 03,1904
102*
co
ions.,tip. c
'Cara. * Burlington Co. 6s,’97. 103*
Catawlssa 1st,7s, conv., cp.’82 120
do
chat, in., 10s, ’»8

BOSTON.

I

PRICE.

Companies.
Par.

Marked thus (*) are
not National.

Companies.

PRICE.

Ateh. &

c.
Bui.\ Ask.

Bid.

Ask.

119

Topeka 1st m.7s,...
grent7e 114

do
land
Atlantic & Paeifl *, 6s

Par.

mceme

0

.

.

.

94
30

.

...

..

Boston & Maine 7?
aust-on & AiDitny 7s
6s
do
Boston & Lowell 7s
d •
6s
Boston & Providence 7s
’•url. & Mo., land grant 7s
do
Nebr. 6s
Ex
103
do
Nebr. 6s
do
Nebr. Is.

America*
Am. Exchange
Bowery.

Broadway

Butchers’ A Drov’rs’

Chemical
Citizens’
City
Commerce

Clinton

Columbia
Commercial
Continental
140

,1-0

Eagle

128

Empire City

100
25
25

East ltiver
Eleventh Ward*
Fifth
Fifth Avenue*

Exchange
Earragut

Firemen’s
Firemen’s Trust
!
Franklin & Emp....

100
100
100
100

First

Fourth

Germania*
Greenwich*
Imp. and Traders’...
Irving.^
Island City*
Leuther Manui’trs’.
Manhattan*

Hanover
Hoffman
133
Howard

50
£0

Importers’ & Tr’d’rs

Marine
Market

Irving

105

100
50
100

Jefferson

140
140

148
141

Kings Count y (Bkn.)
Knickerbocker

100

Mechanics’
Mechanics’ Assnc’n.
Mechanics’ & Tr’drs’
Mercantile
Merchants’
Merchants’ Exch’ge

Metropolis*
Metropolitan
Mount Morris*..

Lafayette (Br’klyn).

iro

25
50
25
LOO
50
50
100
100

102

Lenox

iVi

Long Island
Loriliard

130
100

(B’klynl

Manhattan
Mech. & Traders’...
Mechanics’ (B’klyn)..

Murray Hill*

North River* .;.
Oriental*
Pacific*
Park

People’s*

Phenix
Produce*

Republic

St. Nicholas
Seventh Ward
Second
Shoe and Leather...
Sixth
State of New York..
Third
Tradesmen’s
i...
Union..
United States
West Side*

100
100
100
100
100
100
70
30
25
50
100
25
20
50
100
100
100
100
100
100
100
100
40
50
100
100

.

'

'143

New
New
New
New

125

%n

no
no
150
no
130
95

118
120

50
50
50

130
150
15? Mi 159

i04

37*

York Equitable
York Fire
York & Boston.
York City

35
100
100
100
50
25
25
100
20
50
50
50
100
25
50
100
100
25
25
25
10
50

....

Niagara
North River
Pacific
Peter

130
125

135

Cooper
People’s
Phenix
Relief

..

Republic
Ruigers’

120

Standard
Star

Sterling
102
150

105

Stuyvesant
Tradesmen’s
United States
Westchester

Williamsburg City..

Co nr. & Passnmpslc, 7k
C/Vnin. ttnD Va! ey. 7s
1 all o-nla Southern, 69
-Jii-iei n, Mass., 4>i8, new.

Fitchburg RR

10

00
130
100
195
120
185
11'*
140
70
75
NO
115
75
53
125

75
125
115
250

no

•200
120
19»
116
147
80
85

155
125
90
00
f QQ

Inc.

Brooklyn Gas Light Co
C'tizens’ Gas Co (Bklyu)
do
bonds
Harlem

Par.

Amount.

Period

25
20

2,000,000

1,C00

315,000

50
20
50
100
500

1,850.000
750,000
4,000,000

Var.
Var.
A.& O.
F.&A.
J.&J.
J. & J.
M.& S.
F.fc A

....

Manhattan

Metropolitan
do

bonds
V

100

do

bonds

1,000

Nassau, Brooklyn
do

25
Va
100
10

...

scrip

New York

.

People’s (Brooklyn)
Bond?
Bonds

Central

ui

1,000
New

Williamsburg
do

Var.
50
50

York

bonds

1,000

Metroi'Olitan, Brooklyn

100
100

Municipal
do

bonis

Fulton Municipal

...

100

100

1,200,000

2,500,000
1,000,000
5,000.000 Quar.
1,000,000 F.& A.
1,000,000 Var
700,000 M.&N.
4,000,000 VI. &N.
1,000,000 J. & J.
37r ,000 M.&N.
125,000 Var.
400,000 F.& A.
1,000,000 Quar.
1,000,000 A.& O.
1,000,000 M. &N.
3,000,000
750,000 M. &N.
l 50'i,0001
-

*

«

Date.

$

*

....

mortgage
& Seventh Av.—St k
1st mortgage

Broadway

Brooklyn City—Stock
1st mortgage

Broadway (Brooklyn)—Stock

Brooklyn Crosstown.—St’k

.

1st mortgage bonds.
Bushwick Av. (B’klyn)—Stock.

Central Pk. N. & E. uiv— Stock

Consolidated

raort. bonds

Christopher & Tenth

—

St.—Stock
Bonds
Dry Dock E.B.& Bat.t’ry—Stock
1st mortgage, consolidated
..

x....

101

j

x,

900,000 |j. & J.
1,000
004,000 J.&J.
100 2,100,000 Q-J.
1,000 1,500,000 J.&D.
10 2,000,000 Q-F.
1,000
300,000 M.&N.
100
200,000 Q—1.
100
400,000 O—J.
1,000
300,000 Q-J.
100
500,000 J. & J.
100 1,800,000 Q-J.
1,000 1,200,000 J.&D.
100
050,000 F.& A.
1,000
250,000 J. & J.
100 1,200,000 Q-F.
700&C
900,000 J. & D.
100 1,000,000 Q-J.
1,000
203,000 J. & J.
100
748,000 M.&N.
1,000
230,000 A.&O.
100
000,000

Street—Stock.

1st mortgage

100

1,000

This column shows last
dividend




...

'73

'24*

Cln.Saudutky & Clev—

ioj

Concord
Connecticut River
Conn. & PftfsumpBlc
Connetton Valley

.

.

Hampshire)...

Flint & Pore Marq
do
pref
Fort Scott* Gulf, pref

.

.

.

.

•

.

38

7
30

126

127

95*

x

24% ‘j
120

...

do
common.
Iow a Falls & Sioux City
Lltue Rock & Fort Smith
Manchester & Lawrence
Mar. Hough. & Out
Mar. Hough. & Oct., pref..
Nashua* Lov/ell
New York & New England.
Northern of N. Hampshire.
Norwich & Worcester

25
.

"0*

(Mass.)

....

85

...

v

48*

49

60

61

on

000,0001 F. & A.
250,0001 M.& N.J

27*
1112
'148

OK

inno

102

110
180
170
105
125
142
119
100
110

a^.,’^2 170
Apr.. *82 150
1888

i102

2* Jan., ’62 120
2
Apr. ’82 138

Dec.1902 116

7

Feb., ’82! 90
1898

I

'100

Feb., *82 230
June, ’93) 115

119

Apr., ’821200
Jan., ’8i 100

iio

Nov., ’81
Apr., ’9b
N o V.i.904

200
110
65
105
00
i 05
145
103
108
145
250

July. ’94
•Jan., ‘82
Apr., ’85
Nov., ’88
Sept.,’83
Mar., ’82
July, '90; 110

Fe

no
151

Suob. Haz. * W..lst m.,5s,’23.
2dm. 6s, :933
co

97%
t9*
99

.

25

Inc.& 1. gr.,7s 1915
Union & TltuBv. 1st m. 7s. ’90.
United N.J. cons. m. 6s,‘94.
Warren A F. 1st m.7s,’96
West Chester cons. 7s, ’91

eo

West Jersey 6s, deb,,coup.,’8c
do
1st m. 6s, cp.,’96.
114
do
1st m. 7s,’99

12«* 120*
24

‘

‘

‘8;K

i 1 S3
56*

10*

,

stocks, but the date of maturity of bonds.

95

99

PHILADELPHIA.
118

Penna.5s,new, reg.,1892-1902 108

4s,reg., 1^94—1904
115
4s. reg. 1912
103*
co
3%j, »eg., 1J12
Phlla.. 6s, taxed, reg., lfiS2 ’94
122
do
6i,untaxe4.reg.,’;6-’95
do
4s, various
do
do

railroad stocks.t
Allegheny Valley
Buffalo Pitts. & Western....

do

pref

Catawlssa
do
pref
do
new pref.:
Delaware * Bound Brook....
East Pennsylvania
Elmira* Williamsport
do
do
pref..
Har. P. Mt. Joy & Lancaster.

CANAL BONDS.

Ches. A Del.. 1st m., Gs,

1886

88*,

Lehigh Navlga. in.,6s, reg.,’81
do mort. RR., rg .*’97—
do cons.in.7s, rg.,19’’... 118
do Gr’nw’d Tr.78, rg..’92 109
Moms, boat loan, reg., t88;>.

]»“! 119

Pennsylvania 6b,coup., ’.910..

pref.

do

iio

95

Scbuyik. Nav.lst rn.6s.rg.,’97.
do
2d m. 6s, reg., 1907
05
MISCELLANEOUS BONDS.
Penn. Co , 6s. rtg
100*. 107*
do
do 4%«, r^g., 1920 if5% 97

Camden & Atlantic..
ao

IOO

do
cons. 6s, 1909 —
W. Jersey & Ati. 1st vn 8s, cp. 108
Western Penn. HR. 6s,cp.’9a. 108
no
fcs P. B..’9«
do
do
gen.m.7s,cp., 190,

pref...

do

55

55
53

do

co

p.,

19.0

Phll.AR.Coaloilr’u deo.is.az*,
do
deb. 7s. cns.ofi
do mort., 7s, 1892 4

j

BALTIMOHE.

Baltimore bs, 1831, quarterly 104
do
6s,:886, J.&J
I 1«8*
11
Huntingdon* Broad Top...
do
6s, 189t'f quarterly... 117*
)
do
do pref.
do
6s, park, 1890,Q.—M
81
Lehigh Valley
do
i*23
6b, 1893, M.&S
I
do
pref
do
6s,exempt,’4S,M.&S
1
57*
Little Schuylkill
do
0s, 1900, Q-J
02*: 03
Ulnehlll
do
68,1902, J. * J
i 130
55
Nesnuehonlng Valley
122
121
do
5s, 1916, new
Norfo.k & Western, com
132
Norfolk water, 8s
do
do
pref....
RAILROAD STOCKS.
Par
03* 04
North Pennsylvania
200
Balt. A Ohio
100 !95
01*
614a
125
Pennsylvania
co
ist pref
15
l 15*
Philadelphia & Erie
do
2d p,>f
120*
Phlla. Ge*m. & Norristown.. 110
do
Wash. Branch.100
Puna. :'tw own & N. Y
do
Br. .50
Parkersb’g
28%
Pnlladelphla & Read ng
Northern Central
50
Philadelphia* Trenton
Western Maryland
50
PhRa.Wihning. * Baltimore
...50
Central Ohio common.
Pit>b. Cln. & ftt. Louts, com.
Pittsbu g & Connelliyille...
at. Paul* DuluthR.lt. Corn
BAILR'AD uonds.
do
do
pref.
Balt. A Ohio 6s, 1885.A.&0. .. IC5
181
188
United N. J. Companies
N. W. Va. 3d m.,guar.,’85,J&J
WeBt Chester consol, pref
Plttab.* Conneirsv.7s,’98,J'fcJ 123
West Jersey
108
Northern Central 6s, ’85, JAJ
30
West Jersey* Atlantic .....
do
6s, 1900. A.AO. 1*15
110*
CANAL STOCKS.
do 68, gld, 1900, J.&J. 115*
Lehigh Navigation.
38*4 38% Cen. Ohio 6s, 1st ni.,’90,M.& 6. 109
108
Pennsylvania
W. Md. 6s, 1st m.,gr.,’90lJ.*J. 114
Schuyiklli Navigation
1st m., 1890, J. & J....
do
do
pref.
do
13%
2d m.,guar.f J.&J.... 128
RAILROAD BONDS.
100
do
2d m.,pref
do 2d m.,gr. by W.Co.J*J
Allegheny Vai.. 7 3-lOs. 1396.
j 122%
do
6s.
in.,
guar..
J.*
J.
Jo
7s. E. ext., 1910
3d
f120
i 21*
do Inc. 78, end..c.’94. 54*' 54*4 Mar. A Cln. 7s. ’91, F. A A
do
Belvldere Dela. 1st m.,6s,is02. 117 .123
2d, M. * N
93%
do
53
<io
2dm.68.’85.. 118
89,3d,J. *J
114
3dm. 6s, *47.. 100 1
Union RR. 1st, guar.,J. * J..
do
do
C nton endorsed.;
Camden <eAm <
*.o.«.oud,*ss 102
do
Consolidated Gas
#3, coup., ’39 107
Do
bonds
mort. 6s.’ay
Ll5
do
....

...

270
115

75

20

Syra.Gen.* CornV,lst,76,1905
Texas & Rac. 1st m.,6s, g..l905 105*
do
Rio Gr. D v.,1830.
do
cons. in.,6e,g.,1905
98*

...

iio

125

117*
125
i as*

no conv. 7s, R. C., 1893*
7a, coup, off, ’93
Fhll.Wilm &3alt ,4s,Tr.certs 04*
: Pltts.Cln.&St. L. 7s, reg., lSUt
!
do
do
7s, cp., 1M 1*17*
Rittso. Tttusv. & B.,7s,cp..’96
R ch.& Diinv.con?.lilt.0s,1915
Shamokm V.* Pottsv.7s, 1901 110

.

.July, *9<»: 109
*82 145
fMay, ’93110
iFeb

102
82
122

do

"28%

-

*82 200

..

115

.

Jan., ’F2' 24
J’ly.1900 105
Apr., '*2142

June ’84 ;08*(1C4%
*CO
3*Feb., *82
2i5
220
7
3
2
7

,

do

Bid. Ask.

*

’

Sunbury & Erie 1st m.7s, ’97..

148
40
109
137

131H

STATE and city bonds.

I

co

120
105
102
101
125
121
6-, rg., 1905. 119
6s. cp., 1905.
5
reg., 191 j

Phlla. * Erie 2d m. 7s,cp.,’98
do
cons. mort. 6s, 920
do
po
5s,'920
Phi’a. Newt’n & N.Y., 1st, ’9:
Phil.* R. 1st 111.6s,ex.due 1910
do
2d in., 7s, > p..93.
do
cons. m..7s,rg., 1911
do
d >
cp.,1911
do con?.m.6*,g.irtC1911
do lm,).m„6'‘,g„ 0.1891
do gen. in 6
g.,C.l?(R
do )a. i.i.,7s,,oup., 896.
do d b. couo , 1 -93*
( O
do
c up. off, 1893.
do rcrip, 1883

'(57
....

lb2?1l

Wisconsin Central

103
04
7
1898
*05
110
3
Feb., 78 94
95
7
Ja’b, ’82 108
170
5
’82
X230
235
,Apr.,
4
May, *82 x!05
3
105
109
1* Apr., ’82 97
90
1882
104
105
3*
3
’81
;o
8ept.,
55
3* Nov., ’8! 90
95
5
May, ’82 1122 123
3* Jan., ’70 25
30
7
1397
105
107
0
1000 &e 80
90
3
Jan., ’82 ♦ 5
75
'* Feb.. ’82 55
05
0
1000
101
104
’82
50
2* Jan.,
50
6
205
Mar., ’82 200
8
18SS
105
no
...1 05 1100

.

Twenty-third

86%

J 147*

Boston & Maine
Boston & Providence
Chesnire nreierred
Chi •. w W. Michigan

Eastern (New

.

U0*
121*

Pa.*N.Y.C.* RR.78,iayo...
120
do
1906
128
Perklomen 1st 111.6s.coup.,’8i 104* 105

...

Boston & nowel:

Eastern

cons. ill

cons. m.

105

....

Vermont* Massachusetts
Worcester* Nashua

Nov., ’81 100
2* Jan., ’82 02

100

Eighth Avenue—Stock
1st mortgage
42d 8t. & Grand St.
Ferry—St’k
1st mortgage
Central Cross Town—Stock
lBt mortgage
1,000
200,000 M.&N.
Houst.West St.& Pav.F’y—St’k
100
250,000
1st mortgage
500
500,000 J.&J.
Second Avenue—Stock
100 1,199,500 J. & J.
3d mortgage
1,000
150,000 A.&O.
Consol, convertible
1,000 1,050,000 M.&N.
Extension
00&C
M.& S.
200,000
8ixth Avenue—Stock
100
750,000 M.&N.
1st mortgage
1,000
500,000 J. & J.
Third Avenue—Stock
100 2,000,000 Q-F.
1st mortgage
1,000 *,000,000 J.&J.
....

•

80*
107*

Lynn
Tol. Lin. & Sr. Louis

5

do
do
do

104% 104*

AtchDon & Topeka
Boston & Albaiiv
Bo-do 1 C ii. & Fitch

125
200

[Quotations by H. L. Grant, Broker, 145 Broadway.]

Bleecker St. & Fult. Ferry—St’k
1st

....

■♦0

Jersey City & Hoboken

Mituai, N.

....

..

uo

I

Gas Companies.

..

STOCKS.

85

j

.

....

Pueblo & Ark. Valley, 7s
Rutland 69,1st mort
Sonora 7a
Vermont* Mass. RR.,bs.
Vermont & Canada, new 8s.

..

do
Jo : 6s,« p.,19.3
Little Schuylkill, 1st m.7s,’82
N. (). Pac., 1st ill.. 6s, 1920
8-i94 ! North. Penn. 1st 111.68, cp.,’S5
103)4
do
2d m. 7s,cp.,’y6
113
do gen. m. 7s, reg., 1901H&
do gen. m. 7s, cp., 1903.
95
do debentur : .s,reg...
Norf’k c We A.,gen. m., 68.1931
on Creek, 1st 6s, coup., 1 i 12..
Penn»ylv.,gen. m. 6s, rg.,1910
do
gen. in. 6s, cp.. 1910

....

.

87*

•

115
! 08

.
.

5s, 1995....

102* ;

.

...

.

cons. m.

100

Lehigh Valley, 1st,6s,reg., ’9
do
1st, 6s cp.,1898
iVd
do 2 l m. 7s, reg., 1910..
48* j
con.
do
m., 6s,rg.,1923
•

'

Pevere Beach &

[Gas Quotations Dy ueorge H. Prentiss, Broker, 17 Wall Street,

o

Ithaca* Athens 1st g d, <8.,’Ski
Junction 1st mort. 6s, ’82.
do
2d mort. Cs, 19t>0

107

....

Jgdensburg & L. Ch.con.6

ii8

...

...

.

cp

..

50

JU0

..

19O0,r.*

•

104
82
84

..

1 30

Gag aiid City Railroad Stocked and Bonds.

>

....

I-84

..

6s

do
Did Colony, 7s.

.

•

iVo

do
7s.....
Fort Scot* & Gulf 7s
’48
Hurt ford & Erie 7s
K. Lltv Lawrence & 80. 5s...
Khh. City. St. Jo.&C. B. Ts. .
Little R’k & Ft. Smith,7s,1st
85*
Mexican Central, 7s
.New York & New Eng. 6s.
IB?*
do
is
New Mexico & So. Pac. 7s... Ill*

100

120
140
100
20
05
188

,

.

•

...

*8; i%

>.

f

7s.

new

Chart! ers Val., 1st m.7s.C.,l9o,
Connecting 6s, rp. 1900-1904. 115
Delaware in., 6s,reg.*c:».,var
Del. & Bound i“r., ist, 7s. 1905 125
East Penn. 1st mo» t. 7s, ’88
E*»ston
Amboy, 5s 19.0
El.* W’msport, ist .n. 6», 1910
do
Ss.perp
Harrisburg 1st in or* 6s, ’88..
H. & B. T. 1st in. 7s, gold, ’90.

....

.

9a

co

National

Chicago Burl. &Qulr.cv I).E

85
1L0
103
95
70
153
210
05
115

^n

.

....

■iK

85
105
05
112
00
140
150

•

...

.

125
00
112
120
107
152
125
300
70
C22

75
100
57
105
75
130
HO

Merchants’
Mont auk (Brooklyn)
Nassau (Brooklyn)..

•

1-7
195
100
125
15‘*
00
11 0
24 )
235
87

o

....

...

210

25
50
25
100
100
25
50

....

Nassau*
New York
New York County...
N. Y. Nat’l Exch’ge.
Ninth
North America*

97
80
0)
14 i
105
00
110

150
no

1 An

Manufac’rs’& Build.
106

187
140
120
2<0
05
117
145
75

25
100
15
50
50
100
50
50
100
30
20
40
50

Hamilton

100

I

90
225
225
80
ICO
117
85
105
ltd

50

..

100

Hanover

140
105
200
185
l>-5
150
120
135

10

100
100
50

Germun-American.. i
1
Germania
Globe
|
Greenwich
Guardian

30
50
75
100
100
25

Fulton
Gallatin
German American*.1
German Exchange*.

Exchange

Citizen's’
City

100

Continental
Corn Exchange*

50
10()
25
2.5
17
20
70
100
30
50
mo
40
100
30
ro
17

Bowery
Broadway
Brooklyn

25
100
100
25
100
25
100
100

Central
Chase
Chatham

American
American

..

<

...

150
123

10t»
100
100
25

Bid. Ask.

8KOURITIX8.

Street.]

....

...

j....

♦

In default.

t

Per share.

%

484

THE CHRONICLE.

Railroad Earning’S.—The latest railroad earnings and the
totals from January 1 to latest date are given below. The
statement Includes the gross earnings of all railroads from
which returns can be obtained. The columns under the head¬

New York City Banks.—The following statement shows the
condition of the Associated Banks of New York City for
the
week ending at the commencement of business on April 22.
Average

ing ** Jan. 1 to latest date” furnish the gross earniugs from Jan.
1 to, and including, the period mentioned in the second column:
Latest

Roads.

Banks.

or

Mol

Atcb.Top.AS.Fe March
Bost.AN.Y.A.-L. February..

j

....

Buff. Pittsb.AW. March ....!
Bur.Ced.Ii.»teNo. 3d wk Apr.!
Cairo A St. Lmis 2d wk Apr.!
Cent.Br.Un.Pac. 4tli wkM’h;
Central raeilio, March
;
Chesap. A Ohio. March
;

1882.

$

08,885;
1,101,000;
20,342'

19,817

«1,54.4*

51,803
42,054
8,338

4 i

,503;
.059

25 843!

35,004
1,709,037

208,981 i
3 51,598 i

228.481

1,987’,000

Chic. A E;ist. III. 2d \vk Apr.

30,003
47,228

Chic. A Or.Trunk Wk.Apr.15
Chic. Mil A St. P.;3d wk Apr

354,000

February..
Mm\Hough.A O. February.

2dwlc Apr.
March
Marc h

013,544
579,288

70.200

50.090:

12,180;

March

333.938
430,843

245,701

71,07 3

02,320

390.748

41‘4,850
3,011,190
1,014,432

80,287
591.812
27,780

1,105,095

01,000
20,20534,583
195,500

125,970
14,035
10,094
19,238
88,203
118,770
230,916

308,474
089,403
703.109
150.285
oou

400,093
217,439!

15L940
308,858
,405,781'
407,917
3,073,919 3.155,443
274,73 71
247,502
48,242
29,020
2 35,5441
131,081

344,221

‘

1,174,27i'

1,000,000

472,238]

207,710
212,018
398,268

672,029
570,719

477,960;
080,088!

250,073
575,382
February..
404,524
813,582!
829,014
153,633
149,059
February..
318,231
318,550
413,551
February..
382,657
820,919
708.813
Northern Paciflc.3d wk Apr.
125,800
48,820 1,218,960
504,755
Ohio Central
3d wk Apr.
8,340
20,477
266,763
154,750
Oliio Southern.. .2d wk Apr.
7,895
6,424
100,348
Oregon R. AN.Co'March
410,000
313,350 1,084,100
008,308
Pennsylvania
March
3,912,293 3,844,304 10,592.361 10,129,133
Peoria Dec. AEv. 2d wk Apr.
14,783
8,017
214,908
135,630
Philadelp.A Erie March
205,311
285,573
704,284
735,377
Phila.& Reading March
1,010,089 1,600,508 4,403,585 4,250,127
Do Coal A Ir. March
977,631
924,539 2,804,606 2,502,411
Richm.A Danv.. 3 wks Mar 1189,399 tl71,845
705,048
089,809
Rochest’rAPitts 3d wk Apr.
6,177
4,256
80,509
03,876
St. JohnRb.AL.C.-February..
15,854
11,635
29,423
22,387
St. L.Alt. A T.H.j3d wrk Apr.
19,870
30,732
363,437
431,171
Do
(brehs.) 2d wk Apr.
19,520
15,810
226,571
233,388
St.L.Iron Mt.AS. 2d wk Apr.
140,108
129,470 1,884,526 2,092,688
St.L.'ASan Fran. 3d wk Apr.
63,137
57,083
948,219
834,354
St. P. Minn. A M.l3d wk Apr.
108,000 1,770,984 1,044,435
159,200
Scioto Valley...[3d wk Apr.
9,003
6,190
136.302
90,956
South Carolina. February..
126,773
130,719
252,240
238,047
Texas A Pacific.!2d wk Apr
93,038
08,493 1,067,883
998,060
Tol. Del. A Burl. 3d wk Apr.
17,976
11,938
269,525
108,727
Union Pacific... 21 dysApr 1,642,000 1,312,000 7,589,783
5,765,400
Vicksb. AMerid. February..!
43,012
47,090
90,322
{92,516
Vick. Shr.A Pac. January... j
12,166
12,088
12,160
12,088
Va. Midland—February..
80,718
77,534
Wab.St.L.A Pac.|3d wk Apr.
353,030
200,426 4,734,635 3,5i 1,089
West Jersey
52,915
40,545
106.302
[February..
95,094
Wisconsin Cent. |2d wk Apr.
37,050
32,192
342.820
535,602

Importers’ A Tr..
Park
Wall St. Nation’l
North River
East River

Fourth National.
Central Nat
Second Nation’]
Ninth National..
First National..
Third National..
N. Y. Nat. Exch..

Bowery National
N. York County..

Germ’n Amerie’n
Chase National..
Filth Avenue.,

German Exch.

account of

high water, t Freight earniugs
1 Includes $2,674 back mail earnings collected in this
period.

U. S. Sub-Treasury.—The following table shows the
receipts
and payments at the Sab-Treasury in this city, as well as the
balances in the same, tor each day of the past wees:
-

Balances.

Receipts.

««
44
u
41

24.
25.
20.
27.

28.

Total
*

Payments.

$
824,250 84
1,255,257 49

Coin.

Currency.

$

1.330,96-4 12
1,174,24 > 59
790,434 28

925.288 07
954,700 59
919,079 64
*1,909.878 80

034.0--2 25
829,350 94
714,104 75

6,785,455 43

85,840,319 02
80,000,259 89
80,175,018 33
80,220,119 33

86,241.450 50
87,418,110 OJ

3,955.020 07
3,310.087 30
9.857,582 05
3.833,759 99
3,902,151 40
3,9 L7.200 07

5.752,131 75

Includes $1,000,000 gold coin received from
Philadelphia Mint.

Coins.—The
Sovereigns
Napoleons

following are qu nations in gold for various coins:
$4 SI

°£’
@$4 88

3 8 1
X X. Reichmarks. 4 74
X Guilders
3 93

3 87
'8> 4 7S
'2> 4 00

Bpan’hDoubloons.15 50

””—’hys and* *os.
*
Silver
Five francs
Mexican, dollars..
Do uncommere’l.

-a 15 75

English silver

Mex. Doubloons.. 15
Fine silver bars
1
Fine gold bars....
Dimes A
dimes. —




..

a)

50 -©IS 05
\ 4^
1 15
par Tit 34 prem.
99^ 2) par

—

9934<2?

—

93

—

par.
d> -- 95

SS1^

w
88
4 75
PruR. silv. thalers. — 08
8)
U. 8. trade dollars
99*4 w
U. S. silver dollars — 99 3* a>
....

—

—

89^

89
1 83
—
70
— 99
par
—

658,000
152,b00
666,S00
40.000
369.000
83,200

7.258.000
3,014.400
5.607.000
3.062,000

149.600
392.206

1,229,000
13.326.400
3.055,200
2.229.700
1.030.900
1,014.000

4.H3,6o<j
5,017.600

1.095.700

462,700
i". 5,800
331,500
248,100
297.300
204,800
85,100
17?.0(Mi
866,000
285 50<)
302,000
237,400
123,900
92.600
90.50d
180.000
217,000
186.800

2.O2b,60(i

46,400

263.9(>6

1.0OA300

313*00
621.GOO
692,100
112,000

L380,90(

500,000

3,000.000

2,: 07,000

700,000
1,000,000
L520.30C
2,699.000

600,000

1.000,000
500,000

430,700
158,200
478,700
349, OOu

500,000
500,000

G27.UOO

1,000,000
1,000,(k;o
300,000
400,000
1,500,000
2,000,000
•

331,600

3.330.000

845.000

18.515.l-00

(5,099.900

500,000

4,755,400
276.400

240,000
250,000

29.4o0
129.70i

16.635. U*C
7.467.000

3,200,000
2,000,000
300,000
750,000
500,000
1,000,001)
300,000
250,000
200,000
750,000
300,000
100,001)
20 3,00G

1,5 >3,50(1

3,973,600

1,027,700

2,594,900
4,4'-f4.1y<
2.079.100

1,551,500

01.102,703

948 9 0

5.753.300

796.90)

897.100

1,121,000
45,000

5,400

7.750.600

770 200

2,988.500

435,800
2.250,000
268.500

9.943,000
2.12U.O0O
2.449.200

3,900
446.500
416.900

2.349.400
1.83».00t
2.957.0*0

450,000

3.142.900
6.390.600

4,600

763,200

1.926.200
3.921.000

'45.606
1,112.000
45 noo

1.420.200
224,300

16,329.100,

803 lOO
667.0'i0

7.307.000
000

1 0.000

5.718.0JO

595.900

14.781.000
5 350.000

437.000

4 145

269.506

1.260,000
1.603.000
-1,954,600
2.221.700

£23.500

1-30,000

si,too

5 116.100

2,156,7 0
1.663.600
1.714.6«»0
4.130.300

419.6 K)

64.135,000 18,252.400
returns

of previous week

Specie

Inc.

Lenal tenders

Inc.

The

following

are

Loans.
i>

18'^2

“

45,000

9.289.400
4.272.400
2.506.300
3.3:7.500
3.465.800
1.591,000
2.219.600

121.3,' H>

Dec. $2,959,800 | Net deposits

•

731,700
7»2.200
218,800
143.000
2,60*
477.400
29.500

To be increased to $1,030,033.

The deviations from

••

796.000

1/ O1.70C

l,ls2,000
t-85,200

222.000
479.8.J0
73.7 ;0
175,000
158,90('
124 300
227.600
51.700

1.V66
267,000

2.353.600
889.000
3.476.800
9.943.000

169.40G

Loans and discounts

Apl-

360,000

21,739.700
19.419.20C

851,500
1.060.000
753.000
370.000
9(2,500;
500.00U
3,541,51)0
296.O00
650 8 jO
91’.,800
109,500
233,300
191,(3/0
30.810
320.006
1,271.6 )0
360,100
30,300
46,400

5.843.700

199.200
<56,100
66,000

3.911,400
72‘2,00(i

3,461.0;)0
5.923.90C
13.561.000
5.041.700
1.514,700
1,779.800.
1,679.70-

495,000

1.503.400

170.000
,

ft

9,378.000
7.795.000

8.2*5,500

1,176,000

1,036,100

200,000
500,000

Total

989 30C

192,00 •
1,0(9,300
534,500

Germania
U. S. Nat.

Inc. $1,998,000
Dec.
640,203

2,9 9,400 i Circulation
J,6a3,50Ci

the totals for

a, series of
L. Tenders. Deposits.

Specie.
$

follows:

are as

weeks past:

$

Circulation. Aqi. Clear.
ft
ft

*1....312.824.200 57,373,700 15,52-<,100 284,723,400 19,954,700 991,723.771
8....314,403,830 57,654,200 14,743,800 286,31 >,100 20,076.900 886.3.0,091
15....312,648,200 61,223,600 16,568,900 291,353,400 20.0 )7,000 1052.330.824
22... .309,688,400 64,135,000 18, >02,450 293,331,400 19,386,300 900,^73,211

Boston Banks.—The following are
a series of weeks past:

the totals of the Boston

banks for
1881.

Apl.
•

“

.

on

*.
..

728.900

l,i 8.0.000
965,100
978,800
827,000
4,253.000
2.-8,800
298,300
3,401.000
514.800
1-17.000
19,400
451,300
172.100
835,700
1,503,000
3,083,000

450,000
200,000

Citizens’
Nassau
Market
St. Nicholas
Shoe A Leather..
Corn Exchange...
Continental
Oriental
Marine

232,000

273,600
201.200
43,5()0
120.000
186,200
2(4,500
56.200
150.600

tion.

ft

1,8)5.000
2,810.000

505.100

5,000,000
1,000,000
1,000,000
422,700
1,500,000

Metropolitan

ft
415.000

3> 1,000

300,000
800,000

Irvins

..

Traffic cut off from Cairo

1,630.400

5,000,00(i

North America.-.
Hanover

*

4.666.400

600,000

Republic

1,280,387

7.421.000

200,000

Broadway

1,827,264; 1,547,130

9,983.000

600,000
300,000
1,000.000
1,000,000
300,000
200,000

Mercantile
Pacific

People’s

82,500

273,703

Tradesmen’s
Fulton
Chemical.....
Merch’nts’ Exch.
Gallatin Nation’l
Butchers’&l).”ov.
Mechanics’ A Tr.
Greenwich.
Leather Man’f’r;?
8eventh Ward...
State of N. York.
American Kxch
Commerce

Chatham

51,791

1 ’3.000

1,000,000

54-1.974

1,053,213
107,820'
450,718
53,078
738,290

140,000
82,000

City

453,533
121,518

154.795

744,400

2,000,000
2,050,000
2,000,000
2,000,000.
1,200,000
3,000,000
1,000,000

.

1,328,001

449,903
42,789
51,208

152,051
101,005

138,407

525,1 40
221,110) 2,900,002
112,701! 1,455,300
102,094
9,814;
40,067
555,393

51,511
89,097

22,083
108,111
120,803

Tex.|2d wk Apr.

191,005

57,927'

22,800
10,230

3d wk Apr.
2d wk Apr.

307,100

35,551

53.653

Maine Central.

407,501|

04.828

18,215

Long Island
2d wk Apr.
Louisv. A Nashv. 3d wk Apr.

1,927,819
2,342,709
431,247

174,440

24,004
192.105
30,927

24,105
40,000
224,875
135,225

575,410

5,935,384
1,328,201

New York
Manhattan Co...
Merchants
Mechanics’
Union.
America
Phoenix.

....

4.700,702

1,832,405
0,478-|
112,513
220,174
72,490j

537,338
158,033

....

209,158
5,528.409

50.5301

8,105

....

103,122

104.104

34,595

....

2,203,000
40,255
142,576
569,42-1
123,933
192,793

43,305
181,754
832,980

7,833;

222,489
104,897

IIOUS.E.AW.Tex March
Illinois Con.(III.) March
Do
(Iowa) Match
Ind.Bloom.A W. 3d wk Apr.
Int. A Gt. North. 2d wk Apr.
Iowa Central... March
K.C.Ft. S. A Gulf March
K. C. Law. A So. March
L. Erie A West’njlstwk Apt

184,554

3.2 17,000

187,402

0.482
113,335
22,004
200,218

Gr.Bay W.ASt.P. 2<1 wk Apr.
IlannibalASt Jo 3d wk Apr.

$

$ *
190,192

219,948

68,847
80,557

139,414

Erausv. A T. II. March
Flint A P. Murq. 4th wk M’li
Grand Trunk.... Wk.Apr.15
Great Western.. Wk.Apr.2l

4*

depVs
Legal ;
other
Tenders. than
U. S.

Specie.

discounts

1881,

3,-107,507
4.300,370
857,003
103,802

320.452

113,820
3 99.185
208,000
199,507
9,181
70,191

Europ.ANo.Am. February..

1882.

590,780
159,334! 2,117.830
1,03 t,821 3,110,134
33,518
477,390
33,502
204,421 5.457,000

390.711
84,211

j3d wk Apr.

Ch.8t.i\Miu.A0.3d wk Apr.
Chic. A
W..Midi.|February..
Ciu. Ilaiu.A Day.February..
Cin.Iud.St.L.AC. March
Cincinnati South March
Clov.AlmmACol 3d wk Apr.
Col. Hock.V.AT. 2d wk Apr.
Denv. A Rio Or. 3d wk Apr.
Dcs M. A Ft. D.. 2d wk Apr.
Det. Ban. A No.. February..
Dub. A Sioux C. 2d wk Apr
Eastern
February..

Mil. L.Sh. A West
Minn. A St. Louis
Mo. Kan. A
Missouri Pacific.
Mobile A Ohio..
Nash v. Ch. A S t. L
N. Y.A N. Eugl’d
N. Y. Pa. A Ohio
Norfolk A West.
Northern Cent..

$
02,490
902,000

'

Chicago A Alton 3d wk Apr.
Chic. Bur. A Q.. February..! 1,457,300

Chic. A Xorthw.

1881.

amount of

Net

Loans and

Jan. 1 to Latest Date.

Earninys lie ported.

Ala.Gt.Southern [March

April 22.

Capital.

ft

Wed:

*

[Voi. XXilV.

“

•

Loans.
ft

Specie.

Tenders.

ft

148.515,500
148,491,600

5.350.700

10..
17..

147,116.300

5.130.700

2i;.

115,722,000

5,614,500

3,702,700

3..

Deposits.* Circulation. Ago. Clear

ft

3.988.300
3,617.200
3.779,500

5,278,200

87,333.000
87,558,360

86,850,7#)

31.235.500

05.40-8.234
66.030.507
70,8 U.986

86,625,600

31,170 ,200

71,479,982

31.235.500
31,269,100

including the item “ due to other banks.”

Philadelphia Banks*—The totals of the Philadelp hia banks
are as

follows:

1881.

Apl.- 3
••

••

r

*

10
)7.'.
24.

Loans.
ft

L. Tenders.
ft

Deposits.

17.867,272
17,4 77,375
17,933,817
17,893,825

£0.700,963
55,406,998
66,752,9.*!
66,564.184

73,923,148
74.733,368
7 •» ,706,431
74,911,616

*

Agg. Clear

Circulation.

ft

ft

.

45.815.757

10.605.680

52,9)0,531
‘,1 5.793
50,575.140

10,632,896
10,170,980
9,941,375

6

Unlisted Securities.—The following are quoted at 38
Street:
Bid. Asked.
Am. Cable Constr. Co. *2 4
25L3
Am. Railwa}” Imp. Co. *
130
Atl.A f\jlks.,20 p.c.pd
Bost. H. A E., new st’k
1 ^2
1 :h
Do
old
7e
1 *8
BuffN.Y.A Phila. subs. *1 4 4
20
7
Cal. Pacific stock
8
Chic. A Can. So. stock
Do
bonds.
Continental Constr.Co. 50
75

Central Railway Constprjt’n Co.(D. L.W.) 100
Den A R. G..W. sub.ex. 04
Do stock
*23
Do bonds
75 ^
Den.A R.G. unl’dcons. 1020g
Denv. A N. Orleans... 30
Edison Electric L. Co.450
Hud.Riv. Contract Co. 95
InfcSrnat. Imp. Co
CL
Iud.B. A W.,Eas. D.lst 95
Do
income bonds 45
Iud. Dec. A Sp. com...
0
l)o
n. is.,0s,i'uud. xi00h2
Lebanon Springs 1st
Mid.RR. or N.J. stock. 15
Do
A bouds
11
Do
B bonds....
0
x52
Mex. Nat. bonds
Do
stock
12
Mo.Kan.ATex.g.mort. 80
Mutual Un’n Tel. bds. 70
Do
stock.. 21%
National Express
N.Y. A Scranton Cons.x

104
95
-

24
70

103
50
500
100

70

100
00
—

25
13
8
5‘!
13
83
70

25
98

.

Bid.

Asked.

N. Y. Ch. A St. L. pref
Do
com.. 13'**8
Do 1st, ex J’e,’82,cp 88
!*N. Y. Sus. A West..
North River Const. Co. 92H
N. J. Southern
1*4
Do
incomes

137e

88^
14
90
1*2
5

....

89

Oregon Imp. Co.lstex. 87
Do

stock

07

Oreg. Sh.L.subst40 p.c.112
Do subs.
$10,000
bl’ks ex-bds..l00
Do stock
27
Oliio Ceut. Riv.D. Ists. 64. *2
Do
River incomes. 221c
Pens. A Atlantic stock. 30
Do
bds
Pullman’s P.Car rglits.
5
Rie.AAl.AO.Cen. subs.
70 per ceut paid — 85
Rich. A Dan. deb.subs.115
Selma Rome A D.stock
Do
1st M.st’iup
4
Do
2d M.stamp,
4*9
Do
clean..
Do
incomes
1
St. Jo. A West, stock.. 11

Tex.St.L.RR.sb.,50 pd. 85
Tex. A Col. Imp.,30 pd 84
Tol. Cin. A St. L. Ists
stock...

Do

U. S. Electric Light Co
Vicksb. Mer’n cum.st’k
*

Premi

i*n.

New

'

ll-3*
32^2
05
25
40
89

88

12912
-*-*

4*2
—-••••

90
—

12

8

-

v

10*

J

£

March 11,1SS2.

1

Capital.

.»■©

1

1

Deposits.

,Legal tender

•

Loans and
discounts.

Surplus.

Gold.

!

and

i

certificates
of deposit.

$49,236;

$189,221
108,273

Silver.

•

^

Individual.

~7 I
Vermont
Boston

Massachusetts, other...
Rhode Island
Connecticut
Total Division No. 1..
New

York City

Alh:invr

New York, other
New’ Jersey

$9,172,131

85

20,005,o50
25,339,620

55n

$165,185,670

$40.6t)«,030

$162,235,382

50

$51,500,000

7

1,800.000

240

33,355.540
12,395,370
17,358,000

$281,499,052
6,803,591
74,310,853

29,738,006

$20,336,891
l,400,0u0
8,157,273
3,485,835
8.339, i03
3,311,177
7,995,662

19.313,188
57,939,292

348,788

618 $155,996,916

$53,026,441

$527,661,508

$2,267,919

6,017,500
7,701,000
50,450,000
45,227,500

00

32
22
195

Philadelphia
Pittsburg

Pennsylvania, other—

i1

$2,609,210
1.120,211
1,769,755
11,189,876
13.334,455
3,869,619
6,714,910

$10,385,000
4fl
4(
53
191
62

Hampshire

New

Other.

9,950,000

277,069
119,532 !
223,173

$17,516,286
7,728,621
11,200,247
112,407,076
80,109,370
- 28.918,396
43,555,225

$1,099,156 !

$301,435,221

$114,062
288,406

4,007,187
5,308,751
67,432,951
41,328.699
10,178.537
24,806,827

33,463
43.451

$613,290 5
69.534

202,341
223,329

11,715
258,518 !
57,357

l;087,100|

128,696

834.666

$742,366

$7,290,404

1

4.3,690)

660,546!

i

24,441,176
59,839,003
,

1,418,267
387,477

173,507

6,477,341
1,246,679 !

3,377,183
4,090,041

435,690
135,428 i
636,769

2,963,768

1,820,825

|

'

Total Division No. 2..

198,042

4.155.458

$49,852,980 ! $1,223,267 $13,135,892
696,076
508,859|
22,00(
2,277,755
494,572
3,404,747

82,704,(581
29,657,705
58,140,134

202,337

58,1541

S.

126,332
181,117
5,758,229
1.414,078 !
255,167 !

$9,247,991

$237,117,500
8.673,400

658,300

726,858,615
57.976,917

$425,971

TJ.

2,579,016

$63,987,928 $3.121,433 I $27,704,680

$500,577,199

"

Delaware

Baltimore

Maryland, other.
Washington
Dist. of Columbia, other
West

Virginia

_

Total Division No. 3..

14
17

$1,743,985

o.>

2,431,700

5

1,125.000

$526,367
2,586,617
720,022
251,400

1

252,000
3,016,000

60,000

641,942

19

977,500

17

1,736,000

95
15
13
12

North Carolina
South Carolina

Ceorgia

.

$3,714,140
25,139,164
4,094,423

$131,627
914,281
219,415

64,371

1,753,403

154,761

376,879

461,903

9,807,949
2,422,533

9,970,158
3,190,990

51,733
510,156
190,223 j

$21,645,015

$5,583.839'

$43,565,203

$638,113

$48,781,223

$2,172,196 !

$2,501,000

$377,967)

$3,463,301

$190,702

$4,771,338

$188,740

$71,122

$266,525

3,332.556
3,693.860

150,885

3,047,248
3,976,695
301,693

157,737
230.431

121,202
238,829

8,298

5,097

252,115
306,077
49,178

2,044,344
8.977.729

122,962

65,103

263.290

248,121

1,156,701
6S1.110

1,885,000
2,291,000

4,813,579
2,216,929

429,363

509,538
8,673 i
270,350.
910,000!
375,002!

318.885

82,868

100.000

Alabama
New Orleans, La

9

1,408,000

7

2.875,00b

16
2

1,675,000
205,000

43,000!

8

3,151,500

2,635,235

45
27

7,598,900

531,193.
l,377,910i

7,374,143

1

3,555,300

668,919;

8,226,258

156

$27,295,700

$5,500,845!

$46,299,501

11
6
166

$7,100,000
3,700,000
19,898,620
13,233,500
4,550 000

$824,000'

Louisville
Kentucky, other
Tennessee

Total Division No. 4..

Cincinnati
Cleveland

Ohio, other

91
10

Indiana

Chicago
Illinois, other

132
5
77
3
34

Detroit

Michigan, other
Milwaukee

Wisconsin, other
Total Division No. 5..
Iowa

St. Louis
Kansas.
Nebraska

Total Division No. 6..

Colorado

Idaho...:
Montana
New Mexico
Utah

Washington Territory..
Wyoming
Total Division No. 8..

222,279
67,868
563,019

6,882,548

993,241
206,568
14,470
151,712

82,368

11,932,932

280,537

56,603

420.111

248,733

8,513,227

449,808

180,300

711,200

$1,740,9(52

$55,717,289

$2,804,504

$1,234,799

$4,515,437

$31,618,825
7,477,022

$750,000
486,023

$18,910,4 45

$14,273

»39,302,796
23,681,033

383,2(52
75(5,321
39,513
676,121

$328,222
308,74 8
2,320.879
1,400,19 4

237,075
131,712
295,341
60,524
181,706

$2,448,924
960,000
2,9; 0,915
1,930,386

444,791

3,245,000
3,707,398;

31,520,313
35,666,077

764,6551

4,187,672
448,863

10,249,286
41,534,371
28,357,165
34,467,313

175,069
2,813
70.540

62,439
401,014

8,251,776

3.613,105

342,036

30,197

2,226,107
572,240
841,764
547,365

61

69,635

430,345

2,331,101
699,185

30,941,102

31,031
378.099

$20,384,637

$187,482,612

$4,116,003

$203,569,209

82
31

$6,600,000

$1,627,651

$1,094,869|

2,950,000
1,925,000
975,000
960,000

$107,873
435,411
100,435

$16,143,674

0

15,890.831
9,132,295
3,500,570

632,544!
626,015:

310,000:

$1 (>,586,099
12,750,498
5,097,691
3,687,160
2,849,643
4,962,242

255,866
291,786

2,602,245
4,667,272

341,497j

119,525
58,053
42,309
39,257
46,796

$18,500,000j

$4,195.652i

$45,933,933

$1,191,401

$51,942,887

$2,985,729!

$514,102

$4,726,332

$1,220,000
75,000
1,500,000
1,300,000

$528,500i

$9,813,355

$151,715

$6,922,969

$268,978!

$100,485

$785,144

2,443,105
7,738,006
.

650,000

2.640,00 J

„.

1,051,313,
566,028!
402,700

5.090.000

237,960

10,449
186,822

28,765

467,703

1.055,912;
7,007 i

$17,655.060 $1,513,916 $16,511,151

$208,162

195,473:

95,231,

35,723!

$1,371,883
582,184
1,818.000
329,207

337,655
287,403

4,287

7,463

153,470

33,630
100,732
51,366

10,580
32,951
91,900

1.175,440
913,939

516,789

184,206
2,428,766
3,544,124
1,159,368

300,000

307,752!
50,000;

119,771
1.874.780
4.677.780
1,737,440

31

$4,895,000

$1,083.523'

$18,253,126

$690,844

$14,239,733

$2,547,550

$290,500

$928,038

14
1
4

$883,570

$99,0041

$2,060,848
281,195
1,718,829

$79,288

$1,889,313

$85,457

$22,177

$176,885

2,600

485,000

131,971
200,394
69,555

62,982
72,759

11,833
16,227

39,800
95,670
106,133

O

200,000

94,915
1,698.021
949,463
410,551
686,348

1 1,700

6
2

3

225,000

20,000,
65,000
126,162;
125,000
31,000
75,000

$2,538,570

$511,166!

0

Dakota

$3,906,195

$73.353.3311

10

Total Division No. 7..

$124,164 I

66,090

1
1

Oregon

538,601
248,645

7,743,018
19,566,722
3,947,935
7,815,792

17

California, other

82,947

462,203

162

Nevada
San Francisco

10,297,165
4,610,375

3,999,501!

11,410,100

32,240

24,718

7,667,937
17,201.127
4,076,476
9,271,006

18
14
12

Missouri, other

815,000!
4,020.480-

440,005
1.763,512

66,981
48,292
7.840!

2,062,052
240,000
716,551

538

Minnesota

2,323,888
308,817
213,084
106,000

103,924
51,160

Florida

Texas

$167,160

143.483

$41,779

18,253,334

0

Arkansas

$49,903

$3,409,027

11.340.330

32 j

Total for United States. 2.187

100,000

375,000

*

270,000)

22,340

959,791

946,681
515,330

-

248,625
108,143
91,079

670,207

661,049

.

5,064

23,615
4,450
49,782

$61,125

$496,335

1,814
1,410

1

$680.745|

$6,398,848

$481,208

$7,143,723

>

*

$469,410,202 $130,924,139) $1,036,575,078 $12,225,606 $1,182,661,609 $102,081,706 $7,902,405 $66,078,572

COMPARATIVE

STATEMENTS
Oct. 2,
1871.

a t. 3,

1872.

OF

THE

Sep. 12, Oct. 2,
1873.

BANKS

NATIONAL

1874.

Oct. 1,
1875.

Oct.

2,

1876.

FOR

TWELVE
Oct. 2,

Oct. 1,
1877.

Oct. 1,
1878.

2,080
banks.

2,053

2.018

banks.

banks.

1879.

YEARS.
Oct. 1,
1881.

Dee. 31. Ifar.ll
1881.
1882.

2,090

2,132

banks.

battles.

2,164
banks.

Ort. 1.
18?0.

Totals for United States.

Resources.

Loans
Bonds for circulation
Other United States bonds

Stocks, bonds, &c
Due from bank
Real estate

s

1,767

1,919

1,976

2,004

banks.

banks.

banks.

banks.

2,087
banks.

2,089
banks.

2.187
banks.

MHV ns Mill'ns Mill'ns Mill'ns Mill' ns 21 ill' ns Mill'ns 21 ill'ns Mill'ns Mill'ns Mill'ns 2 fill'ns MilC'ns
931-3
834-0
891-9
878-5 1,0410 1,173-8 1,169-2 1,182-7
944-2
954-4
984-7
831-6
877-2
3687
367 3
363*3
3578
337-2
336"8
347-6
357 2
388-3
3*3-3
370-3
3645
382-0
5 i-5
470
44-6
43-6
45-0
95-7
71-2
28-1
47-8
28 0
23 6
27 6
;...
45 8
64-4
62-7
61 9
48-9
39 7
34-4
36-9
33-5
34-5
23-7
27-8
24-5
23*5
201-7
230-8
218-8
213-5
129-9
107-3
138-9
1 28-2
140-9
134-8
144-7
149 5
143 2
47-3
47-4
471
48-0
452
46-7
47-8
42 4
43-1
34-7
38-1
32-3
301
114-3
113 7
1100
4 2 "2
109-3
21 -2
21-4
30 7
22-7
19-9
8-1
13-2
10-2
566
53-2
GO-1
560
64-4
69*2
8 4-2
66-9
76-5
92-4
800
1070
10°1
17-7
2-1*2
19-4
18-2
16-7
15-H
15-6
16-9
10-1
18-5
18-5
14-3
15-8
162 1
1211
189-2
2L7-2
100-0
74-5
82-4
1130
109-7
87-9
100-3
1250
115 2
6-7
7-9
9-4
7-7
20-8
29-2
33-4
32-7
20-0
42-S
48-8
U-7
17-7
17-5
181
170
17-1
10-0
16-5
10-7
20-3
19-6
26-2
26-3
26*0
230
22-1
19-1
24-9
28-7
18-3
10 1
17*3
25'2
'

*

Specie

Legal tender notes
Clearing House exchanges

United States certificates of deposit
United States Treasurer,

Due from

•
.

1,7306 1,755-8 1,830-6 1,877-2 1,882-2 1,827 2 1,741-1 1,767-3 1.868-8 2,105-8 2,353-4 2,381-9 2,309 0

Totals

■

~~

,,

Liabilities.

.

Capital stock
Surplus fund
Undivided profits
Circulation
Due to depositors
Due to banks
Other

„

liabilities

Totals




479-0
110-3
460
335-3
628-9
143-8
11-5

491-0
120-3
54 "5
340-3
640 0
1730
11-5

1.730-6 1,755-3

1.830-6,

458-3

..

.

101-1
42 0
317-4
631-4

171*9
85

493-8
129*0
51

v.

334-2
083-8
175-8
91

504-8
134-4
53 0
319-1
(>79~4
179-7
11-8

499-8
132-2
46-4
292*2

666-2
179-8
10*6

479 5
122*8
44-5
291-9
<>30 4
16L-6
>0-1

1.877-2 1.882-2 1.827-2; 1.711-1

406-2
11 0. 9
44-9
301-9
668*4
105-1
7 0

"

4541
114-8
11 3
313-8

4 57-6
120-5
46-1

730*9
201-2

887-9
207-9
8-5

0-7

317-3

463-8
128*1
53*4
320-2
1.083*1
294-9
11-9

466-2
129-9
5 4-2
325*.-

4 69-4
130-9
60-5
323-9

1,114-7 1.018-s
276*6
150

265*8
9*7

1.767 3 1.808 8 2.105-8 2.358 4 2.381-9 2,309-0

486

THE CHRONICLE.

fVoL. XXXIV.
ROAD AND

Investments

Miles owned &

AND

op’tcd

1878:
1H79.
Operations—
778.461
747,455
Passengers enrried...
Passenger mileage... 28,801,112 31,535,558

The Investors’ Supplement contains a complete exhibit of the
Funded Debt of States and Cities and of the Stocks and Bonds

of Railroads and other Companies. It i* published on the last
Saturday of every other month—viz., February, April, June,
August, October and December, and is furnished without extra
charge to all regular subscribers of the Chronicle. Single copies
are sold at $2 per copy.

Rate per pass. p. mile

2*4 1 ets.

REPORTS.

Pittsburg Cincinnati & St. Louis.
year

in the local and 29,422 tons in the
foreign or competitive tonnage, the gain being mainly in the
movement of coal.
The revenue from the local tonnage
increased $6,413, while that from foreign tonnage decreased
$339,450, owing to the low rates received thereon during the
latter half of the year. The average rate received per ton per
mile was 7 2-10 mills, against 8 4-10 mills in the previous year,
while the average cost shows a slight increase. In the expenses,
however, are included over $200,0C0 disbursed during the year
for permanent improvements to the property.
There were carried 1,017,431 passengers, against 902,454 in
1880, an increase of 114,977, of which 110,110 was in the local
and 4,867 in the through travel. The increased revenue from
passengers, $44,676, was derived entirely from the local travel*

Earnings.
3S»1.

Mails
Bent of R’y.
Bentof other

145,170
22,101

property..

4,340
46,713

1881.
Motive

po’r. 1,255,886

Maintenan’e

118.423

of way....

68,101

Maintenan’e

10,154
2,314

1880.

Cond’g tr’n..$l ,491,639 $1,246,051

of cars....
Gen’l exp’s.

1,030,857
315,486
218,798

Totals...$4,312,668

Totals...$4,953,722 $4,795,771

Ratio of
Net

1,071,267

1,272,678
270.438

209,074

4,069,510

exp.87*06p. ct. 84*86

earn’gs.

$641,053

p. ct.

$726,260

The tonnage transported on the Columbus
Chicago & Indiana
Central Railway was
2,967,149
tons,
against
2,484,321
tons in 1880, an increase of 482,828 tons, of which
178,065 tons
was in the local and 304,763 tons in the
foreign traffic, nearly
one-half of the increase being in coal.

Notwithstanding this
comparatively large gain in tonnage, the revenue shows a very
slight improvement, the rates being much reduced below the
figures of the preceding year.
There were 909,694 passengers carried,
against 814,980 in the
previous year, an increase of 94,714; all in the local travel.
The increase in the local passenger
earnings was $49,755,
offset by a reduction of $21,547 in the
earnings from foreign
passengers.

Daring the

year

there

were

issued of the

common

stock of

(Pittsburg Cincinnati & St. Louis), $107,300,

accordance with the terms of the consolidation
agree¬
ment, in exchange for $1,600 of the common stock of Steubenville
& Indiana Railroad Company, on the basis of two shares for
one,
and for $106,550 of the common stock of Steubenville &
Indiana
Railroad Company reorganized, at
There were also issued
par.
$550 of the first preferred stock of your company in exchange
for a like amount of the preferred stock of Steubenville &
ndiana Railroad Company reorganized.
“ There were issued
$881,000 of first consolidated
m

-

Net

earnings

P.c.of op. ex. to

•

ets.

3,603,123

4,323,407

$
383,028
216,562

$
414,355
377,114

614,230

1,313,804
90,167

1,385,070
114,186

£ 2,023,/20

1,989,607
1,186,763

2.003,501

2,759,740

1,599,562

2,290,725
2,032,682

62 64

55*61

52-93

67*82

2(H).884

1,303.498

86,999

ear’gs

4,069,053
$

121,790

1,309,313

INCOME ACCOUNT. *

1878. ‘

Receipts—
Net earnings
Rentals and interest.
Net from leased roads
All other accounts

1879.

1880.
$

1881.
$

$
1,186,763

1,599,562

2,032,682

24,854

14,022

16,041

449,688
t 461,839

711,466

647,858

532,690

2,123,144

2,325,050
$

2,696,581
$
801,048
842,480
174,944

1,864,673
$
819,464
846,769
181,777

...

Total income
Disbursements—
Rentals paid
Interest on debt
Other interest
Miseellan’s accounts.
Tnt. on C.& M.Val.bds
Loss oil St.L.V.&T.H.

$
828,127

669,790
132,944
283,390
105,000

65,200
38,093

Balance, surplus

$

1,309,313
22.670

Total

2,123,144

821.299

833,625
136,980
105,000
16,144

412,002
2,325,050

105,000

105,000
27,241
170,445
def.
745,868
258,782

2,696,58T

1,864,673

*

Exclusive of Col. Cliic. <fc Ind. Cent.
\ Includes $180,400 bills payable of this company,
canceled and

rendered

by Pennsylvania Co.

sur¬

GENERAL BALANCE AT CLOSE OF EACH FISCAL YEAR.

Assets—

Railroad,equipm’t,&c

RAILWAY.

Expenses.

1880.

Freights ...$3,625,503 $3,521.559
Passengers.. 1,035.566 1,007,358
74,320
Express
67,858

your company

2 38 ets.

1881.

1,017,431
38,504.300

was

COLUMBUS CHICAGO «fc INDIANA CENTRAL

“

2*41 ets.

1880.

902,454
36,303.468

$
398,226

(inel’g taxes)

Total

ending Dec. 31,1881.)
The report of this important company has just been issued,
embracing the usual statistics of many of the Pennsylvania
Company’s Western roads. The figures in the tables below
apply to the Pittsburg Cincinnati & St. Louis proper.
The tonnage transported was 3,297,844 tons, against 3,^99,994 tons in the previous year, an increase of 197,850 tons, of

Miscellaue’s

201

3,176.370

Maint. of way, Ac...
Maint. of equipment.

General

168,428 tons

1881.

201

|

Jotal gross earnings.

Transport'll expenses

which

1880

Freight (tons) moved 2.142,155
2,726,847
3,099,994
3,297.844
Freight (tons) mil’ge.287,757,418 367,377,011 385,153,890 401,946.012
0*79 ets.
$ Av. rate p. ton p. mile
0 72 ets.
0*34 els.
O V‘2 ctfl.
$
Earnings—
$
$
t
701,607
760.841
Passenger
864,419
890,311
Freight
2,270,836
2,613,714
3,217,078
2,884,041
© Sii rMail, express, &c
198,568
241,910
294,701
Opera!ina expenses—

(For the

1879.
201

201

OPERATIONS AND FISCAL RESULTS.

STATE, OITi AND CORPORATION FINANCES.

ANNUAL

EQUIPMENT.

1878.

Stocks owned, cost...
Bonds owned, cost...
Betterm’ts to l’sed r’ds
Bills& aec’ts rec’vable

Materials, fuel, &c.*..

Cash on hand
Add’ns to Cin. S. C.Ry
Profit
loss balance.
Total assets
Liabilities—

Stock, common
Stock, preferred
Bds. (see Supplem’t).
All other dues & acc’ts
Due Little Miami RR.
DueC. C.& I. C. RR..
Cin. Street Conn. bds.

Miscellaneous.

^

Profit & loss balance.

Total liabilities.

.

1878.

1879.

$
19,942,295
57,298
317,855
651,671
1,361,789
517,928
92,312
64,639

$

•

19,942,295
'

58,399
317,855

660,293
1,202,432
541,607
237,543
64,639

1880.

$
19,942,295
58,399
283,000
706,241
1,076,528
625,859
462,183
64,639

291,868

37,504

23,297,655

23,062,567

23,219,144

$
2,508,000
5,929,200
12,497,000
956,898
888,808
184,601
262,500
70,648

$

$
2,508,000
5,929,200
12,497,000
784,754
891,189
184,601
262,500

2,508,000
5,929,200
12,497,000
726,893
888,783
184,601
262,500
65,590

1881.

$

19,979,033
58,399

283,000
835,376
980,133
732,474
297,465

64,639
376,393

64,849

23,606,912
$
12,508,000
t5,929,200

12,617 000
1,118, G36
853,890
184.601

262,500
133,085

97,051
23,297,655

23,062.567

23,219.144

23,606,912

*

Includes supplies March 31, 1875, transferred,
t Of which $379,150 common and $2,950 preferred
is Stenb. & Ind.

stock unconverted.

Chicago St. Paul Minneapolis & Omaha Railway.
(For the year ending December 31,1881.)
The first annual report has just been published of this con¬

solidated

railroad. It is stated that for a portion of the
the St. Paul & Sioux City Railroad was operated as a
separate company, but in May, 1881, it was deeded to the
Chicago St Paul Minneapolis & Omaha Railway Company, and
the operation of the two roads consolidated. For convenience
of future comparisons this
report is made as if this consolida¬
tion had taken effect Jan. 1, 1881, and the
operations of both
roads are included for the whole year 1881. The railroad
year

under construction Dec. 31, 1881, or undertaken to be con¬
structed during 1882, embraced the following: In Wisconsin—
Extension North Wisconsin line to-Lake
Superior, 40 miles;
from Chippewa Falls to Superior City, 141 miles ; total, 181
miles.
In Nebraska—From Emerson to Norfolk^ 47 miles;
grand total, 228 miles. For the construction of the Wisconsin
lines, this company will be entitled to receive under their land
grants 553,600 acres of lands in the counties of Burnett, Ash¬

mortgage
registered bonds in exchange for $702,000 coupon bonds secured
by the same mortgage, and $179,000 Columbus & Newark divi¬
sion bonds.
This makes a total of $3,848,000
registered bonds land, Bayfield and Douglass. The report says : “ By refer¬
issued at the close of the year 1881.
ence to the map it will be seen that the roads which the com¬
There was apparently an increase of
$120,000 in the funded pany new has under construction are not ‘branches’ in the ordi¬
debt of your company; but this was caused
by bringing into the nary sense of the term, but are lines ei( her connecting its system
accounts of the company the
outstanding bonds of the Holli¬ of railway with Lake Superior at important points, where the
day’s Cove Railroad Company for that amount. These bonds Lake
transportation steamers owned by and running in connec¬
were previously held iu a trust secured
by $150,000 first consoli¬ tion with the Eastern trunk lines of railroad receive and
dated mortgage bonds of
Pittsburg Cincinnati & St. Louis deliver cargoes, as well as where a heavy lumber traffic
Railway Company, which, by an arrangement with the trustee, originates,
or joining its present system of railroads with
were delivered to
your company, and the trust closed.
important railways running west, two of them through to the
No change has taken place in the
litigation between your Pacific Coast.” *, * *
company and the Columbus Chicago & Indiana Central Railway
In addition to the railroad
of the company, it is the
Company with reference to the lease of its road by your com¬ owner of 679,812 acres of land property
in Wisconsin, and is entitled to
pany. The bondholders of that company, however, have taken
226,811 acres for railroad already completed and accepted by
steps looking to a foreclosure sale of its property and a reor¬ the
State, and to 326,400 acres for road actually completed, the
ganization of the company, which, should it take place, may certificates of
which, for the purpose of obtaining lands, are
probably lead to some settlement of this long and vexatious not yet filed,
making
a total of 1,233,023 acres earned by the
litigation on a basis satisfactory to all parties.” company up to Dec. 31, 1881. It has., in its treasury land con¬
Comparative statistics for four years, compiled for the tracts and bills receivable for lands
sold, which are believed to
Chronicle, are as follows :
be good, amounting to $1,104,343, all bearing interest.
“

“




“

April

THE CHRONLCLE.

29. 1882.

for operating the road for the past year were
greatly increased in consequence of the extreme fall of snow
S the winter of 1880-1, and the ^resulting floods later;
«

conditions never known before. Daring the winter, the Eastern
Swis (from Elroy to St. Paul) was closed for five days, the
dii sion between St. Paulland St. James, for fifty-seven days;
on

St. James and Sioux

the division between
Aavs and the Nebraska

City for eighty-five

division for ninety days; during all of
which time, in attempts to keep the road open, the expenses
were much greater than they would have been had the weather
Permitted regular operations, and the earnings were practically
Eelhirg I think it is safe to assume that the net earnings
from this phenomenal condition were decreased $600,000.
The mileage of road Dec. 31, 1881, was as follows :
DIVISION.

EASTERN

Elroy to St. Paul
Stillwater brunch..
South Stillwater lire

Miles.
197*6
3*8
4*39
12 21
301
2 74
14*

Falls branch
Meuomonie
“
Eau Claire
Neillsville
“
River

Juuctiou

North Wisconsin

DIVISION.

ST. PAUL

St. Paul to St. Janies
Labe Crystal to Eluiore.

The statistics,
are as

..

Rn(‘.k Rivor

City..

.

the official figures for 1880 and 1881:
1881.

Missouri River transfer..

Covington to Omaha

Wayne

2*25
125*50
15*82
18*

$18,503,200

37,757,350

37,004,400

ceivable, &c
1,393,195— 2,442,562
Railroad, main stem, Newark branch and
Perth Amboy branch
$13,870,469
Jersey City station
1,315,805

1,906,754

FuuJeddebt

Other indebtedness
$3,835,757
Less cash, bills and accounts re¬

Elizabethport station
Station houses, shops, &c

465,058
82 4,850

601,769
450,146
824,850

$17,077,951

$17,029,751

$1,644,515

$3,600,000

$2,148,383
2,370,432
263,910

$1,771,281
1.431,3381,930,453
173,848

$6,594,883

$5,306,970-

$1,111,347

$814,453

Earnings—
Merchandise

1,812,103

Coal

Mail,

express, rents,

&c.

„

Expenses—

615,177

Rolling stock...

2,637,711

Transportation
Noteamings

453,133

3,894,162

$4,364,235

$3,101,748

$2,230,648

$2,115,222

Colorado Coal & Iron Company.

the usual form for The Chronicle,

ROAD AND

1,315,805

601.709

122*
44*

in

$13,837,181

Port Johnston coal station

1,003 32

Total

1880.

$18,503,200

28*

“

(For the year ending Dec. 31,1881.)
The report says

that the year 1881 has been a prosperous
throughout
Colorado.
The influx of new population
979
which set in so largely two years ago has continued unabated.
24
The taxable wealth of the State increased from $73,050,761 in

EQUIPMENT.

1881.

1,003

operated...

125
89

Locomotives
Passenger, mail and express cars.

3,4*8

ears

*10

All other cars

Includes two transfer steamers and three pile drivers.
OPERATIONS AND FISCAL RESULTS.

Operations—
Passengers carried
Passenger mileage.

year

$96,059,985 in 1881—over 31 per cent.
output of coal for 1881 was 350,944 tons, against
221,378 tons in 1880, an increase of 129,566 tons. The shipments
of coke were 47,640 tons, against 26,868 tons in 1880, an increase
of 20,772 tons, or 77 per cent.
For the month of December the
output of coal was 48,581 tons and the shipments of coke 7,680
1880 to

The total

the company sold 437 lots in South
its total sales of real estate for the
and
622,819
38,706,890 year amounted to $121,206. The market value of lots in South
2*43 ets. Pueblo has steadily increased, and at the close of the year
tons.

During the

year

Pueblo for $114,574,

Rate per passenger per

milo

1,470,12:)
207,790,3 >8
1’40 ets.

Freight (tons) moved
Freight (tons) mileage
Average rato per ton per mile
Earnings—

$944,329
2,913,521
101,111

Passenger
Freight
Mail, express, Ac

of the most desirable lots were valued at 200 per cent
advance on the prices ruling in 1880.
The Denver rolling mill, and the company’s foundry and
machine shops at South Pueblo, have been in successful opera¬
tion during the year, and blast furnace No. 1 was blown in
some

September 5th, and has since been steadily producing excellent
pig iron. The company has completed seventy-five workmen’s
houses, a large brick store building, and a three-story brick
$575,037 hotel, and has also laid down a complete system of pipe sew¬
431,4<>1
1,523,348 erage at Bessemer (the name given to the town at the steel
142,484 works), and the converting works, rail mill, puddle mill, nail
103,532 works, etc., are nearly finished.
The company’s :ron mines at
South Arkansas, Hot Springs and Placer have been thoroughly
$2,770,402
1,245,499 opened and developed, and now supply all the ores needed at
$4,021,901

Total gross

earnings
Operating Expenses—

Maintenance of way, &c
Maintenance of equipment

.

Transportation expenses
Taxes
Miscellaneous

are

Capital stock

NEBRASKA DIVISION.

Milts owned

Freight

Miles.
148*
98*
44*

Miles leased

Total miles

.

following

120*

compiled

follows:

SIOUX CITY DIVISION.

St. James to Sionx
Sioux Falls branch
Black Bills
“

Niobrara branch
Norfolk branch to

NORTHERN DIVISION.

*

The

xhe expenses

1ST

.

Total

Net earnings
Per cent of operating expenses to earnings

69*03

the furnace.

EARNINGS AND EXPENSES.

INCOME ACCOUNT.

Receipts—
Net earnings

$1,245,499
504,144

Net from land grants
Other receipts

78,585

.

Total income

The earnings
follows:
Gross earnings,

and operating expenses for the year

were a3

including receipts from interest on bonds,

etc., but not including receipts from sales of real estate... $1,551,940

$1,828,228

Gross

Net earnings
Deduct interest paid on

Divldendsjon pref. stock

$53,059
893,536
(7) 672,737

Total disbursements

$1,619,332

operating

1,148,786

expenses

Disbursements—
Rentals paid
Interest on debt

s

Balance surplus...

208,896

GENERAL BALANCE AT CLOSE OF EACH FISCAL YEAR.

,

Assets—

Railroad, buildings, equipment, Ac
Stocks and bonds owned, cost

Advances
Bills and

acc< unts

Materials, fuel, &c

receivable

Cash on hand
Minn. East, bonds (suar.)
Miscellaneous items

Total

$41,441,154
*3,432,117
250,305
t394,616
445,907
632,496
75,000
4,727

$46,676,322

$103,154
164,538

outstanding bonds

Net surplus for the year
From sales of real estate—cash received
On time notes bearing interest

$93,345

27,800—

$238,615
121,206

The net earnings of the company during the past year from
the coal and coke departments alone amount to $215,203, or
more than sufficient to meet the total annual interest on the
entire $3,500,000

six per cent bonds authorized by the mortgage

of Feb. 1, 1880.
The amount expended for construction
the year, details of which will be found

and equipment during
in the Auditor’s state¬

ment, was.as follows: Coal department, $94,880; coke, $27,916;
iron and steel,

$740,446; iron mines, $87,963; real estate, $206,-

$1,158,107.
has paid off and canceled all
Stock, preferred..
9,848,333 of the $104,300 ten per cent bonds of the Southern Colorado Coal
Funded debt (see Supplement)
17,790,175 & Town
Bills payable
Company, excepting one bond of $500, which has not yet
72,497
Minn. East, bonds (iniar.)
The outstanding coupon certificates of the
75,000 been surrendered.
Coupons and accrued interest.
245,704 bonds of the Central Colorado Improvement Company, amount¬
Vouchers, pay-rolls and taxes.
660,923
Dividends
168,310 ing to $130,335, have been paid, excepting $494 yet unpresented
Income account, balance......
609,547 for payment; of the $1,500,000 bonds of the Central Colorado
Improvement Company, issued under the mortgage of 1872,
Total liabilities
$46,676,322 $470,000 have been exchanged at par for the bonds of the
Colorado Coal & Iron Company, and arrangements have been
St. Paul Union Depot stock, $7G,475; St. Paul & Duluth Railroad
Stock, $<56,512; Chic. St. Paul Miuu. & Om. stock and bonds, $2,599,131. made, through Drexel, Morgan & Co. of New York, by which
Land Department has
$1,104,343 bills receivable not given in this the remaining $1,030,000 of these bonds will either be exchanged
balance sheet.
e
for Colorado Coal & Iron Company bonds, or paid off in cash, at
Central of New Jersey.
or before maturity, and notice thereof has been duly published.
(For the year ending December 31,1881.)
When these exchanges are made, the Colorado Coal & Iron
The only report made for this
company is the brief state¬ Company will have outstanding, as a first and only lien on its
ment filed with the New
Jersey State Comptroller, as required entire properties and works, a total of $3,500,000 of six per cent
by law. The figures are presented below, in comparison with :>onds, on which the annual interest charges will be $210,0 ?0,
the
corresponding figures for 1880. This gives the report for while the annual Interest derived from the $1,040,000 seven per
the lines in New
Jersey only, tut a correspondent of the Even- cent consol bonds of the Denver & Rio Grande Railway Com¬
ing Dost, though not giving his authority, says the gross pany amounts to $72,800, leaving the actual amount to be pro¬
earmngs from all sources in 1879 were $7,100,000 : in 1889, vided annually from the earnings of the company to meet the
359,000,000; in 1881, $11,200,000.
total interest charges, $137,200.
Liabilities—

Stock,

common

*

r




$17,205,833

170; general, $730; total,
“

During the

year

the

company

488

THE CHRONICLE.

fVoL. XXXIV.

“

At the date of this
report (March 15,
steel works at South Pueblo are so

1882,) the iron and

Boston Hoosac Tunnel &
Western.—A report from
N. Y., says that Charles K.
Syracuse
pected to have them in operation in
acting Chief Engineer of
April, and it is reasonable the Boston Hoosac Tunnel &Moore,
to estimate that the net
Western Railroad, stated
earnings to be aerived from the iron and the death of Gen.
that
steel departments of the
Burt, President of the road, would
company will be at the rate of $800,000 fere with the
not inter¬
construction of the road, which' is to
per annum, and that the total net revenue of the
be
company forward to
from all sources,
at once. He was confident that pushed
including sales of real estate, will be from pany wouldcompletion
the com¬
vindicate itself in the courts,
$1,200,000 to $1,300,000 per annum.”
in the
coming
suit
brought by the
The total assets in the balance sheet are
stated at $13,422,121, road, and statedAttorne.y-General to annul the charter of the
that
the
interests associated in the
against which are the bonds of $3,500,000 and stock of
road are
$10,000,000. the New York Construction
Compauy, the London Syndicate
Boston Water Power.
and a company of
capitalists in Boston. Already over
000 has been
$6,000,(For the year ending December 31,
expended
in buying roads, right of
1881.)
way, and in con¬
struction.
During the past year very great
has been made in
the filling of tne lands in and aroundprogress
the Back Bay Park. The
Burlington & Northwestern.—The stockholders
entrance from Beacon Street, the
of the
Burlington
& Northwestern Railway
around
it
and
the
driveway
work on the bridge over the Boston
have
Company
adopted
a
resolution
& Albany Railroad has
favoring the lease or sale of the road to the
Iowa
steadily progressed. The city of Boston has
Central Road, and the formation cf
a new
appropriated known
$202,000, ana the 3oston Water Power
as the
Chicago Burlington & Pacific. corporation, to be
Company
and other
private owners have expended about $80,000, and the whole
Central Iowa.—The
appearance of what was the “ full basin” has been
materially actual earnings of thisfollowing is an official statement of the
changed and improved.
company for January, February and
“
•
•
I
We have no sales of land to
March:
report at present.
Prices
for
land are firm and advancing, and must
1882.
continue to advance in¬
1381.
Increase.
evitably as the filling and improvement in and around Back January
$93,031
$02,929
$30,102
February
Bay Park goes steadily forward. There is no land that can March
90,353
30,037
00,206
(approximate)
90,000
51,207
compete in price with the lands of this
38,428
company,
and
waiting
will only help us to realize better
Totals
.,...$279,385
prices.
$150,2o4 $129,101
Building materials of
all kinds are very
high, and sales that could have been made
Central of New Jersey.—The old board
of directors
have been kept in
abeyance on this account; but it is not an un¬ decided not to call the annual
having
mixed evil, as the
delay in the sale of the land will only secure a new board, the Gowen-Garrettmeeting of stockholders to elect
a higher
party have taken measures to
price for it when the demand arises.
have a meeting held.
Upon the authority of Mr. James E.
The authority asked at the
special meeting of stockholders in Govven, attorney for Franklin B.
-June last ‘to issue one new share
Gowen, it is said that an old
for every ten
exist¬ statute of New Jersey provides that when the directors of a
ing,’ was unanimously given, and 8,583 sharesalready
were issued,
corporation fail to call the annual
making the number now on the books of the
be called by any five stockholders meeting, such meeting can
company
94,416
shares.
by giving a notice of 10 days
The meeting was a
very full one ; 58,950 shares were by public advertisement. Acting
upon these grounds it was
represented, and were all in favor of the
decided that such an advertisement should
proposed increase.
be published convene
With this stock the claims of the
Huntington Avenue trustees, ing a meeting for May 5. Attached to the call
which had existed for ten
were the
signa¬
years, and all other unsecured in¬ tures of Vermilye & Co., E. C.
Stout
Knight,
& Co., F. A.
debtedness,
excepting
the
taxes
for
1881, were settled.” * * * Comly, James S. Stout, W. H.
“
Under some management the
Stevenson, Edward Clark, A. M.
property might have been Kidder & Co., Boody, McLellan & Co., John H. Davis
thrown away or squandered
& Co.,
years ago, in response to the Kennedy, Hutchinson & Co.,
Collis, Davis & Levy. Spencer
clamor and unreason of some of the
bondholders. To-day wit¬ Trask & Co., W. T. Hatch & Son, Marx &
nesses the bonded debt
Co., Leopold, Kahn &
reduced $052,000, all the interest
paid Co., H. Kemp & Co., Albert Putnam, W. F. Proctor, George R.
to December, I860, some
$700,000, and much more since that McKenzie, Alexander T.
date ; and this splendid
Sterling, Groesbeck & Schley and
territory
yet available for the full pay¬ others.
ment of its bonds and
interest, and a very handsome equity for
—The Times says: “The
the stockholders.”
present management were in¬
clined to ridicule the new move of
their opponents, and averred
The assets and liabilities
December 31, 1881, were as follows : that no result could come from
such a meeting
far advanced that it is

ex¬

.

“

“

ASSETS.

720,729 feet of land around the. Park, $2
1.258,043 feet of

$1,453,4*8
1,2^8.0 43

land west of the Park,
$1
1.001,10:3 feet of land east of the
Park, $1
30,327 feet of land on Brookline
avenue, 50 cents
3 i,000 feet of land, “
Reserved Lot,” sold

Avenue trustees

Commonwealth

73,100

45,000 feet of land, Brookline,
33ls cents
33 shares
stock B. W. P.

1,010 shares stock B. W. P.
Cash on hand

1,001,103
15,103
*

Company, $5
Company, $10

EIAMI.ITIES.
2,149 first mortgage bonds
Accrued Interest to April
1, 1832
Dividend No. 10
Dividend No. 17, scrip
(payable without interest
option of the company
New York transfer
agency to April 1, 1882
Taxes for 1881 (about)
Loan with collateral

15.000

the

Ana it

was

insisted that

k

more

than one-half of the stock of the

company would be represented at the

meeting and voted upon
Gowen-Garrett ticket.”
821
Central Ohio.—The stockholders of the
Central Ohio Rail¬
road Company, as
reorganized,
met at Columbus, Ohio, on the
$4,487,370 26th and elected the
following board of directors: Messrs.
Hugh J, -Jewett, of New York, Joseph R. Swan and William
$2,148,000
209,370 Dennison, of Columbus ; Walter B. Brooks and Isaac W. Hall,
of Quincy; David
410
Applegate and David Lee, of Zanesville;
Bradford Dunham, of Newark ;
Joseph W. Jenkins, Joshua G.
20,433
'
Harvey, Robert Garrett and Osman Latrobe, of
3,284
Baltimore, and
W. H.
105

10,400

at

that pro¬
posed. The Gowen-Garrett party, however, insist as
that every¬
thing intended was in the strictest, sense legal. The
Secretary
of the company, it was
said, would be obliged to
at the
meeting on May 5, and bring with him the booksappear
of the com¬
pany showing the stockholders of record entitled
to vote.*

in favor of the

Clements, of Cincinnati.
Chicago & Northwestern.—-When the Chicago & Northwest¬
$2,440,497 ern purchased the Des Moines &
Minneapolis it broadened t]ie
200
gauge from Des Moines to Ames,
leaving the northern end of
the road at the
original gauge. This is now being widened and
$2,440,097
will be extended to a
20,000

33,000

Rent of office to

May 1

GENERAL INVESTMENT NEWS.
Arkansas State Railroad Bonds.—A
test
begun against the Little Rock & Fort Smith

suit has been

Railroad in the
United States Circuit Court at
Little Rock, Ark., to determine
the liability of the railroad
companies for the Arkansas State
bonds issued to aid their
construction and since repudiated
the State.
by
Atlantic & Pacific.—H. C.
Nutt, President of the Atlantic
& Pacific Railroad
Company, says that the

track-laying is
to Canyon Diablo, 311 miles west
of the Rio Grande.
A viaduct is
being built over the canyon 525 feet
feet high, to be
and 254
completed by May 25, at a cost long
of $250,000.
The track will be
pushed west to the Colorado
River, 250 miles,
at the rate of two miles a
day.
One hundred miles of that dis¬
tance is graded, and steel rails
for 200 miles are delivered.
Plans
are just
completed for a bridge across the
Colorado River, to
cost $250,000.
Will also extend the Central
Division 100
miles west from
Vinita, Indian Territory. The President
that the road will
says
expend this year $6,600,000 in
construction.
completed

r

connection with the Toledo & Northwest¬

Branch, and possibly to
Minneapolis and St. Paul.
Cincinnati Hamilton & Dayton.—The stock of this com¬
pany purchased was 30,000 shares. Two-thirds of this interest
was bought
of Cincinnati stockholders. The other third was
an
interest held by Mr. Vanderbilt and
by the controlling
stockholders of the Cleveland Columbus
Cincinnati & Indian¬
apolis Company. Thus Mr. Jewett, of the New York Lake
Erie & Western, acquired above
20,000 shares, and the Seney
party, for the New York Chicago & St. Louis, about
10,000
shares, and they will work in harmony.
Cleveland Mt. Vernon & Delaware.—A
special dispatch to
the Cleveland Leader
reports that in the suit of William Orwell
et al.t against the Cleveland Mt.
Vernon & Delaware Railway,
a decree has been
entered ordering the
payment to the plain¬
tiffs by the
company, within twenty-three days, of $2,120,000,
or the road to be sold
at public
sale*by W. H. Upson, the special
master appointed by the court.
Fitchburg Railroad.—At a
of the stockholders of
the Fitchburg Railroad, the issuemeeting
of $500,000 five per cent bonds
by the directors was assented to. The bonds have already
been sold.
ern

Boston & Albany.—In
Boston, April 26, the adjourned meet¬
Gulf Colorado & Santa Fc.—A
ing of the stockholders of this railroad
was held, to act on
dispatch from Galveston,
the Texas, April 20, said that the
legislative act permitting the Commonwealth
Gulf Colorado & 8anta Fe Rail¬
to
stocks for bonds. The
its road would reach
polls were kept open until exchange
2:30 o’clock, Belton and 276 milesLampasas, a distance of 50 miles north of
and the result was as follows
from Galveston,
: Whole
by the 1st of May. Upon
number of shares
repre- completion of the road to
sented, 89,533 ; yes, 56,773; no, 32,760.
Lampasas
construction upon til's
main line will




be for

a

time

abandoned, and the entire force

or

Ai kil

THE CHRONICLE.

29, 1892. J

laborers concentrated on the branch line
tion from Brenham to Navazota, where
made with the Navazota & Montgomery

under construc¬
connection is to be
Ceutral Road, recent¬
now

ly purchased by the Gulf Colorado & Santa Fe corporation,
ana now in active
operation between the two points indicated
by its name.
It is intended by the company upon consumma¬
tion of this connection at Navazota to press construction

on

the

Montgomery branch southeast into the pineries in that portion
of that State.
Upon completion of this line the work of con¬
struction upon the main line will be resumed from
Lampasas
northwest.
—Messrs. J. S. Kennedy & Co. in New York are
offering
sale a few of the first mortgage 7 per cent gold bonds.

for

*

Houston East & West Texas.—The
statement:

Gross traffic

following is

receipts first tlirce mouths, Oct. 1

to Dec.

Expenses

31, ’SI.. $59,789
26,ssi

-

Neteamiugs first quarter
Gross traffio receipts second three months, Jan. I
31, 1882.

$32. >01
to

March

$51,79'J

Expenses

24,001—27,190

Net

earnings, six months
Total interest charge per year

official

an

$00,095
on

$702,000 bonds

$53,340

Illinois Central—Texas & St. Louis.—It is stated that
the
Illinois Central has made a fifty years
agreement with the
Texas & St. Louis Railway, which latter will be

489

Missouri Pacific.—A
mortgage for $20,184,000 was recorded
Omaha, April 15, in favor of John F. Dillon and Edward
D.
Adams, trustees, on the Missouri Pacific
Road, from Atchison,
Kansas, through Nebraska, and through the counties of
Rich¬
ardson, Nemaha, Otoe and Cass to
Papillion
in
Sarapy
County,
147 miles. The extension has been
connected with the Union
Pacific at Papillion, 20 miles west of
Omaha, thus giving con¬
nection with Omaha from Hiawatha on
the St. Joe. & Western.
From Hiawatha to Atchison is 40
miles, and track-laying has
begun at both ends of that gap. By the middle of June the
road will be completed from Atchison
to Omaha, and then
through trains will be put on between Omaha and St. Louis.
Morris & Essex.—The
first-mortgage real estate purchase
money bonds of this company have appeared on the
market-,
although the issue has not been advertised or
publicly
offered.
They have been issued in payment for real estate and terminal
improvements on the Hudson River in Hoboken and
bought from the New Jersey Shore ImprovementJersey City,
in

The entire issue was made to that
company
secured upon the
cent

property bought.

interest, have thirty

Company.

and the bonas

The bonds

are

bear 4^ per

years to run from Jan. 1,

issued by the Morris & Essex

1882,

are

Company, and guaranteed by the
Western Company—R. R. Gazette.

Delaware Lackawanna &
Newark City Finances.—The Finance
Committee of the
Newark Common Council held a
special meeting to hear a
report from expert Yalden, who has been
investigating the
different departments of the
city government. The report of
expert Yalden showed that the floating debt of the
city Dec.
31, 1881, was $1,214,843, the available assets
$971,655, leaving a
deficiency of $243,188. The bonded debt was $7,776,000, and

completed the
coming fall from Cairo into the heart of Texas, for an exclusive
traffic interchange and for the establishment of a
through line,
including the Illinois Central, the St. Louis Alton & Terre
Haute, for its St. Louis Short Line, and the Texas & St. Louis the Water Board bonds amounted to
$3,240,000 more, making
The latter receives an appropriation of 25 per cent the entire bonded debt- of the city $11,016,000.
railways.
The total
of the entire gross revenue from
through business, which is to amount of the cash and securities in the sinking fund was
be paid iato the Central Trust
Company, as a special guarantee $2,491,418, and the total net indebtedness of the city Jan. 1,
fund, for the payment of the interest on the first
1882, was $8,524,582. The total defalcations of Auditor
Palmer
mortgage and William
bonds issued by the Texas & St. Louis
A. Hall, Chief Clerk in the
Railway Company.
Comptroller’s
office,
amounted to $286,175 as far as discovered
Lehigh Talley.—The Philadelphia North A merican
25.
up
to
April
says During the year 1881 the debt of the
that it is admitted that a new contract between this
city was reauced $354,452.
New York City & Northern.—It is rumored that the
and the New York Lake Erie & Western has been1 company
New
virtually
York
City & Northern Railroad Company is not prepared to
agreed upon. The board of directors have yet to act.
it.
upon
meet the May interest due on its
Under the new contract, it
says: “The Lehigh
outstanding bonds, amounting
secures to
facilities tor distributing its anthracite coal at allValley
$3,685,000, issued under a general mortgage for $4,000,000.
points in the These bonds were issued in 1880, have
West which the Erie system
reaches, or, in other words, a
thirty years to run from
date of

market for 1,009,000 additional tons.
issue, and bearing 6 per cent interest. The road extends
The Erie is to take
freights in the West for direct shipment to Philadelphia, and is from the terminus of the Metropolitan Elevated Railroad at
to enjoy the
Lehigh Valley’s privileges over the North Pennsyl¬ 135th Street to Brewster’s, a distance of fifty-two miles. A
vania between Bethlehem and this
controlling interest in the stock of the company is owned by
city. This arrangement is the
to extend over 50
New York Loan & Improvement
years.”
Company, and although it is
admitted by the managers that the road has not.
earned the
Lehigh & Wilkesbarrc Coal.—This company will pay 3}£ interest falling due
May
1,
yet
it
is
not
that
thought
the lead¬
per cent interest on their income bonds on May 17.
Mr. W. H. ing stockholders well
Tillinghast has been elected President to fill the vacancy'occa¬ A short time ago the permit a default to be made at present.
company prepared and offered for sale a
sioned by the death of Judge
second mortgage on the property of
Larhroxn
$2,000,000, which investors
have declined to take. When this second
Mexican Oriental Interoceanic &
mortgage was pre¬
International.—The
Mexican Oriental Interoceanic & International Railroad
pared, the officials of the company were not ignorant of the fact
Com¬ that the
road was not earning interest upon the
pany, now building a railroad from Laredo to the
first mortgage,
City of
Mexico, has concluded a traffic arrangement with the Wabash or was likely to be able to do so, at least for a long time to
come.
and
of

Southwest system of railroads, which controls over
9,000
reaching from Laredo, Mexico, to Galveston, New

miles of road,

Orleans, Memphis, Cairo, Toledo, Detroit, Chicago, Council
Bluffs, Kansas City, St. Louis and El Paso, by which 25
per
cent of the gross
earnings of all traffic passing over any or all of

these roads, or any part of
them, to and from the Mexican
Oriental Road, is to be placed with the Mercantile
Trust Com¬
pany, of New York, as trustee, to guarantee interest on the
first mortgage
bonds of the Mexican Oriental Interoceanic &
International Railroad Company; this guarantee to last until
the Mexican Oriental Interoceanic &
International Railroad
earns the interest
upon the bonds and 2 per cent on its
capital
stock for five consecutive
years.
Railroad experts estimate that
this 25 per cent of these
earnings of the 9,000 miles of road
will alone pay the
interest on the bonds, which is only $1,500
per mile per year. The
following is the contract placed upon
each bond of the Mexican
Oriental Interoceanic International

Exclusive

the second mortgage, the bonded debt is
mile on a single-track road, and its stock
obligations $48,000 per mile of line.—TV. Y. Indicator.
The following is the board of directors elected in
January,
1882 : R. M. Gallaway, W. R. Garrison, G. J.
Forrest, Arthur
Leary, J. F. De Navarro, A. V. Stout, C. K. Garrison, Lewis
May, A. Hegewisch, J. P. Kennedy, R. C. Livingston, J. F. De
Navarro, Jr., and C. F. Woerishoffer.
Pennsylvania Railroad.—The gross and net earnings in
March, and from January 1 to April 1 in 1881 and 1882,
are specially compiled for‘the
Chronicle in the table below.
In March, 1882, there was an increase of $67,989 in
gross
earnings and a decrease of $383,424 in net earnings. For the
three months there was an increase in 1882 of
$463,232 in gross,
and a decrease of $594,502 in net, earnings.

nearly $80,000

ALL LINES EAST OP PITTSBURG AND
ERIE.

Railroad:

The holder of this bond is
entitled to the benefit of an
agreement dated the 7th
day of March, 1882, between the

Missouri Pacific
Railway

Bt. Louis Iron Mountain* & Company,
Southern
the second part; the Missouri

party of the first part; the
Railway Company, party of
Kansas & Texas Railway Com¬
pany, party of the third party; the Texas Pacific
Company, party of the fourth part; the International &Railway
Great
Northern Railroad Company,
party
of
the
fifth
part;
the
Wabash St. Louis & Pacific
Railway Company, party of the
Mxth part; the Mexican
Oriental Interoceanic & International
Railroad Company, party of the seventh
part; and the Mercan¬
tile Trust
Conpany, of New York, party of the eighth part;
whereby 25 per cent of the gross earnings of the six nr3t-named
corporations, whose aggregate
mileage is 9,065 miles, derived
by said
railway corporations from joint buisness with the
Mexican Oriental Interoceanic & International
Railroad Com¬
pany, shall be paid over
quarterly to the said Mercantile Trust
Company as trustee, as additional security for the prompt
payment of the interest
coupons on this bond as they shall
mature, as provided in said agreement, a
duplicate original of
which is on file with
the said Mercantile Trust
Company of
iNew York, and in
the offices of the
Secretary of State of the
states of Texas,
Missouri, Arkansas and Kansas, and in the
Department of Publie Works in the
Republie*of Mexico.—TV. Y.
Tribune.



.

per

,

January
February

March

..

Total

Gross
1881.

Earnings.

Net
1881.

*

1882.

$3,189,215
3,095,614
3,944,304

.

$10,129,133

$3,373,321
3,306.750
3,912,293

$10,592,364

As to the lines west of

Earnings.

,

1882.

$1,206,861
1,158,104
1,799,226

$1,074,266
1,079,621
1,415,802

$4,164,191

$3,569,689

Pittsburg and Erie, the monthly

reports issued in 1881 and for the current year show the results
below. The company’s report, however, states a loss this
year

against the year 1881 of $995,684.
ALL LINES W'EST OF

Net

Surplus
1881.

January
February
March
Net total

PITTSBURG Ac ERIE.

over

all Liabilities.

Inc.

1882.

Dec. in
1882.

or

$381,539
143,497
441,901

$9,741
Def. 121,307
36,532

Dec..
Dec..
Dec..

$966,937

Def. $75,034

Doc.. $1,041,971

$371,798
264,804

405,369

Yirglnin Bond Cases.—A dispatch from Richmond, Va.,
April 27, says that the Court of Appeals to-day rendered judg¬
ment in the*matter of Antoni against Greenhow, a test case to
ascertain the constitutionality of the act of the General Assem¬
bly, commonly known as “coupon killer,” a measure of the
Tteadjuster party to restrict the reception of coupons for taxes.
Two members of the court were in favor of awarding the man¬
damus asked for and two against it, and under these circum¬

stances the obnoxious law

goes to

is

so

far sustained.

the Supreme Court of the United States.

The

case now

CHRONICLE.

THE

490

[Vol. xxxw.
COTTON.

%\xe (Commercial Tonics.

Friday, P. M.,

April 28, 1882.
The Movement op the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
COMMERCIAL EPITOME.
this evening (April 28), the total receipts have reached 33,606
Friday Night, April 28, 1882.
bales, against 29,800 bales last week, 33.229 bales the previous
week and 44,467 bales three weeks since; making the total
The weather continues unseasonably cold, and there have receipts since the 1st of September, 1881, 4,431,742 bales, against
been local storms and floods, doing some damage, retarding 5,351,348 bales for the same period of 1880-81, showing a decrease
since September 1, 1881 of 920,606 bales
planting operations and the development of crops,—influences
Fri.
Thar 8.
Tues.
Mon.
Wed.
Total.
Sat.
Receipts at—
unfavorable to activity in trade, except as they may stimulate

Labor troubles continue, and fresh strikes have
occurred in manufacturing districts. Still the position in mer¬
cantile circles is not regarded as particularly unfavorable.
There is yet plenty of time for the crops, and the disagreements
regarding labor must soon adjust themselves. Money is very
plenty.
Very little of interest has transpired in provisions during the
past week. Values as a rule have been firm and in instances
higher, but there is a noticeable lack of speculative support.
To-day o’d mess pork was sold on the spot at $17 50@$17 75 ;
new quoted $18 25.
Bacon is firmly held at 10%@llc. for long

speculation.

clear.

Galveston

Indianola, Ac.

Beef hams also very firm at
weaker but

soon

$25@$26 for

new.

recovered and closed firm; Western

on

Florida

Charleston
Pt. Royal, Ac.
Wilmington
Moreh’d C.,Ac

options of contract Western sold at ll-32^@ll,35c. ; June
ll*35@ll*40c. ; July ll‘45@ll*50c.; August 11 55(8)11 57^c. ;
September ll#57/2@ll*62^c.; seller year ll*25@ll'27/^c. The
market closed 5@7/£c. per 100 lbs. higher on all months. Butter
was steadier as the receipts have been lighter.
Cheese rules
firm; medium to fine new State factory 9/£@13c.
choice old 9@12^c.

;

fair to

Tallow fairly active and firm at 7%@8c.

Stearine quiet at ll%c.
Rio coffee has been dull and lower at 9}£c. for fair cargoes;

have been less active, and Turkish prunes have
Raw sugar has been dull at a decline to 7%c.

but closes rather

more

steady.

Receipts since April 1..
Bales since April 1..
Stock April 26. 1882
Stock April 27, 1881

Refined sugar

declined to 6/2C.
for fair refining,
Me l ado.
Bags.
1,078
280,464

IThds.

Boxes.

63.027
42,136
31,802
47,313

2.513

287.260

525

5,132
6,851

373,432

552

1,062,753

294

has declined, owing to the slowness of trade;

crushed closed at 10%c., powdered at 10%@10Mc. and granu¬
lated at 9 ll-16@9/4c., closing firmer at these prices.

Kentucky tobacco has been dull and sales for the week are
only 37b hhds., of which 300 for export, at unchanged prices.
Seed leaf tobacco has been

more

more

steadiness.

Ocean

Baltimore

freight-room has latterly shown

steadiness.

278

....

....

....

260

577

159

....

....

—

30

237

1,108

3

2,689-

....

....

....

300

....

35

201

428

126

433

52

52

843

4,188
1,287
1,092
4,911

....

....

....

1,165

606

697

336

350

318

246

30

1,140

617

992

662

....

....

....

....

....

.

.

•

.

1,287

....

.

148

....

U

78

1,774

428

541

....

....

378

100

....

22

3

149

....

716

....

Philadelp’a, Ac.

233

447

249

814

508

472

2,773

Totals this week

4,853

6,876

5.849

5,587

4,313

6,128

33.606

For comparison, we give the following table showing the week’s
total receipts, the total since Sept. 1,1SS1. and the stocks to-night
and the same items for the corresponding periods of last year.
1880-81.

1881-82.

Receipts to

April 28.
Galveston

This

Since Sep.

This

Week.

1, 1881.

Week.

3,810

409,976

21

13,598

Indianola,Ac.
New Orleans...

7.522 1,146,136

Mobile

2,623

Savannah

Since

Norfolk

627,294
14,960
14,173 1,460,262

City Point, Ac
-

Boston

1,689

....

368,851
20,265

17,821

21,963

825,861
4,855
598,258

29,780

5,086
24,634

13,825

21,178

49,919

350

49

4,248

2,178

3,452

24,071

46

433

133,640

259

114,123

52

253

1,287
1,092

26,185
581,418
184,132
153,897

4,911

200,127

2,780

14,096

2.171

29,770
658,909
203,095
144,001
145,045
34,916

73,084

1,750

50,964

11

4,625

■

5,790
765

3,928

47,729 5,351.348

33,606 4.431,742

Total

77,235

153.681 226,101

428

2.773

Philadelp’a,Ac.

22,822

480,061

Baltimore

1881.

76

1,774

4,188

New York

1S82.

5,961

'

6,964

Royal, Ac.
Wilmington....
M’head C., Ac

Sep.

1, 1880.

2,689

Brunsw’k, Ac*
Pt.

Stock.

253,147
27,048
704,159

3

Florida

......

......

11,050

13,872

......

......

306,162 181,664
9,345 10,535
9,990
22,006

11,028

19,490

618,902 602,689-

Ift order that comparison may be made with other years, we
give below the totals at leading ports tor six seasons.
1881.

1882.

Receipts at—

j
3,831

Galvest’u.Ac.
New Orleans.
Mobile

-

1877.

1878.

1879.

1880.

'

7,522
2,623

1,149

1,089
5,195
1,606
2,979

2,5 40

744

6,037

2.7C8

14,173
1,689
4,625
3,498

12,449

Savannah....

2.689

Charl’st’n, Ac

2,202

Wilm’gt’n, Ac

485

512

A11 others....

5,475
8,779

6,555

Tot. this w’k.

33,606

1,407

1,759
10,893
3,032
1,495
1,612

693

6,177
999
738

2,076

117

299

893

572

3,945

3,623
7,839

2,759-

31,196

16,560

Since Sept. 1. 4431,742 5351,348 4638,867 4317,007 4113,803

3839,63fr

Norfolk, Ac..

-

10,640

6.643

5,199
5,112

47,729

30,858

22,283

.

2,246

Qalvegton includes Indianola: Charleston includes Port Royal, Ac. r
Wilmlagton includes Morehead City, &o.; Norfolk includes City Point, Ae»

ending this evening reach a total

The exports for the week

of 68,189 bales, of which 52,841 were to Great Britain, 11,700 toFrance and 3,648 to rest of the Continent, while the stocks as
made up this evening are now 618,902 bales. Below are the

exports for the week and since September 1, 1881.
Week

Ending April 26.
Exported to—

Export*
Great

■from—

Brit'n. France

Galveston
New Orleans..

3,273
10,300
2,537

1,490

Savannah

Grain tonnage has advances and a better state of affairs exists.
Grain to Liverpool, by steam, taken at l^d. ; cotton 3-32d. ;
flour 2s. 6d.@5s. ; bacon 7s. 6d.@l#s. ; cheese 10s. ; grain to

Charleston

London, by steam, quoted 3/£@4d. ; do. to Glasgow, by steam,
l^@2d, ; do. to Antwerp, by steam, l%d. ; refined petroleum
to Bremen or Antwerp 2s. 6d. ; do. in cases to Shanghai 34c. ;
do, in barrels, from Baltimore to Bremen, 2s. 6d.; do. from
Philadelphia to Elsinore for orders 3s.

Boston




393

613

••••••

9,773
.

.

.

.

.

Wilmington...
Norfolk

Total

nent.

Week.
«

3,273

......

20,133

•

.

.

.

•

2 537
•

•

•

.

...»

1,298

......

21,000

155,695

20,472

53,584
297,457
323,800

1,918

5,901
9,096

124,757
70,428

061

1,073

58,969

52,841

11,700

3,648

Total 1H80-81

29,170

4,266

25,9'6

•uiciuaes exports irum

138,600

432

Total

Philadelp’a,Ac

981

163,940 15,145
589,699 221 ,'•65
28,748
0,313

1,430
2,580
23,770

.......

aee

Baltimore

1,490
1,298
....

8,691
5,001
6,217
1,073

New York

Britain. France

13,299
10,089

......

13,299

Conti¬

Great

Total.

nent.

61,072 245,157
205,468 1,017,032
38,292
3,231

3,900

•

'

......

Exported to—

Conti¬

.

Florida

more

240

192

..

Mobile

Wool is still weak and dull.

21

7,522
2,623'

68

....

3,810*

21
963

•

Boston

....

624

City Point, Ac.
New York

active and sales for the week

aggregate 1,552 cases, as follows, all from the crop of 1880:
800 cases Pennsylvania assorted 10@15c. and wrappers 16@
30c.; 180 cases New England wrappers 13/£@35c.; 622 cases
New York State, mostly fiats, 63£@17}£e.; 350 cases Ohio 4^@
13c.;andl0u cases Wisconsin Havana seed 8@12/£c. There is
but little doing in Havana fillers ; sales 450 baits at 88c.@$1 20.
Naval stores at the close were firmer, paticularly for spirits
turpentine, which was in short supplv and held very firm at the
South; quoted here 60@60/£c. Good strained rosin $2 4736.
Refined petroleum for export quiet at 7%g. Crude certificates
closed better at 76%@76%c., after selling at 76%@76%c.; May
76^c.; June 78%c.; July 81c. iDgofc copper rules steady at 18
@18 %c. for Lake, with a fair business. Hops are held with

....

432

....

....

Norfolk

264

1,130

1,269

2,416

....

19

....

Charleston

mild
grades have sold slowly at prices more or less in buyers’ favor.
Rice has been less active but steady. Tea at the auction sales
has sold at some decline for Oolang and Japan, while green has
ruled steady; at a sale to-day prices were generally steady.
Molasses has been quiet at unchanged prices. Spices have
been dull and generally unchanged.
Foreign dried fruits

1,969
1,233

390

Brunsw’k, Ac.

•pot sold at 11 '37c. ; refined to the Continent 1145c.; May

....

....

Savannah

the

478

....

411

Mobile

Lard opened

328

....

1,11b

New Orleans...

Beef rules strong at $25 <t$27 for extra city India mess.

341

167,194
128,857
8,810
15,840
57,700
4

......

42,296
200

68,189 2,014,577 3:3.536

690,240

391\ 2.37?;904 486,042

974,413

59

Port itoval, &c

3,900
320.793
304,524
63,83*
315,87?
405,330
124,761
113,685

59,162

3,018,353
3,838,35»

exports, oar telegrams to-night also give
as the following amoants of cotton on shipboard, not cleared, at
the ports named. We add similar figures for New York, which
are prepared for oar special use by Messrs. Carey, Yale &
Lambert, 60 Beaver Street.
In addition to above

CD

H

s

g

a

a

B

O*

§31!
® ©

a © a

D

® *

®

g-srg
pd:*

:

OD

.

.

£0 —-

a

Atril

Great
Britain.

13.501
6.700

New Orleans.

.

Galveston..

.

5.

York..
Other ports.
New

2,80o

.

3,000

Total 1881
Total 1880

week

Stock.

3,057

None.
900
755

28,929
7,600
1,010

6,300
1.317

1,600
93

9,400
6,835

None.
250

None.
None.
None.

5,766

1,000

53,610

11,253

75,029

9.812

39

I

d

I

C5

<1
c

fluence in

the

on

same

was a

51,939

less active for

was

demand for home consumption,
'On

prices

were

barely sustained.

To-day
was unchanged, middling uplands closing at 1234c.

The total sales for forward delivery for the week are

For immediate delivery the total sales

bales.

foot

up

461,700

this week

to

were

A.nri

Sat.

Apr
pril 28.

Moil Toes

MonTnes

Sat.

9°i«

P**16

99ie

99i«

Midd’g llla16 111*16

Str.L’w Mid 121i6
Middling... 12i4
Good Mid.. 125s
Str. G’d Mid 12^8
Midd’g Fail* 133q
Fair....
11410

Wed

11^ *16

Strict Ord..
Good Ord..
Str. G’d Ord
Low Midd’g
fJtr.L’wMid

99ie
10*8

10*0

9916
10*0

Good

Total

to to

to to

tv to

to to

ci

coco

coco
05 O'

CD «n|

to to

to to

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to <1 to

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to

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II l?©
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to

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1 *?©
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I

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1278
13*8
13*8

12 7a

12 7s

13*0
13*0

13*0

13*0

1278
13*0
13*0

I43g

143g

143s

1438

Frt.

Til.

Wed

13*0
13^8
1438

Wed

Th.

9i*ie
1030

9**16

9**]6

9**16

9**16

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103s

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11*16

11*16

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1150
115s
12*16 12;*«
125i6 12*16

1030

12*2

1278

13*0

13*a

13*0

13*8

13*0

13*8

13 3q

133s
14*6

135s

135s

1350

135„

135s

135a

143s

l43g

143s

143s

143s

143q

Sat.

9*0
10*6

Mod Tuea Wed

9*6
10*8

9*8
10*6

9*8
10*«

Th.

9*6
10*0

Fri.

9*«
10*8

10*316 10*3ie 10*3i6 10*3i6 10*3lft 10*3i6
111*16 11**16 11**16 H23i6 11**16 11*316

Con-

Spec-

port. sump. ul't'n
230
604

....

Tran¬
Total.
sit.

....

1,414
577
448
576

300
100
210

3,849

610

....

FUTURE8.

Salts.

Deliv¬
eries.

1,414 116,800
2,720 89.300
1,638 95.400
1,493 43,000

300
200
200
200
200
200

9.099 461,700

1,300

1,030

46,900

801

70.300

,

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MARKET AND SALES

CLOSED.

to to

11*16
11*8
12*16

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SPOT MARKET

to to

to

12*2

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to to

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1150
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12\5'S>

TEXAS.

NEW ORLEANS.

or*
bO

00

'

the past week.

UPLANDS.

*?© r*
d©’

to©r*

-4©'

1

CO
to

a

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M M

consumption,
speculation and
in transit. Of the above, — bales
arrive.
The following are the official quotations and

■sales for sach day of

p

a •- b
©<M

to to

I ©-*

9,099 bales, including 4,640 for export, 3,849 for
410 for

P&
P t*wa

d

ODOO^iM
a

K- tO

to

Wednesday the export business was again active.

the market

7

d

re to

1 ©M

482,659

Cotton on the spot early in the week
export, and although there was a fair

g

da
to o ^

togr*

»-*

492,868

day’s advance was lost.

@ Ot

£*m©»
F

o< ox

552,012

and to-day yester¬

.

a •

—

May contracts had, on Tuesday, some in
direction, as well as further strikes in cot¬

further advance, but a dull closing,

to

—

302.812

of the current crop.
On Wednesday, however, it was seen that the notices for May
delivery were generally stopped, and the weather was unsea
sonably cold, stimulating some demand to cover contracts,
which caused a partial recovery in values.
Yesterday there

to
O!

Si
CK

05

to

mills, and increase in the movement

ton

SS-’S

■

SwcxS-

o

13,106

foreign advices, the accumulation of stocks at this point, anc
the favorable progress of the planting season. The expectation

deliveries

£»►

:

—

Bj 3

&

—

speculation in cotton for future delivery opened the
under a feeling of depression, caused by unfavorable

of free

p

r*

©:

O!

15,987

109,821
116,218

—

Qi

tSl

12.815
20.380

■

•

■

•

O

T’-Sob
P
.

00

a

a •

oo

10,221

66,890

5,581
1,117

39,377
30,260

124,752

3,350
4,000

3,354

11,924

12,671

38,941

Total.

None.
None.

66

.

Total...

The

*

Foreign

Coast¬
wise.

None.
None.
None.
None.
None.
300
None.

1,500
5.419

Norfolk

Other

12.371

255

..

Bavaunah..

France.

•

a ©

«

•

Si

Leaving

23, at—

Mobile
Obarleston

►S

Shijiboard, not cleared—for

i3l|

ta

©

to

On

a ad

t2*a ® Cm

g-a

•

o« ‘
d

M

a

©

M

M
1

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! I

I I

I ©

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$

I-*

ot

I ®

©

a

to

I

I

o

;

! o

©

•Includes sales in September, 1881, for September. 314,000: Heptem
ber-October for October. 416,400; September-November for November,

511.200; September December for December, 1,479,100; SeptemberJanuary for January, 4,252,500; September- February for February,

2,230,100; September-MarcU for March, 4,411,100.
Transferable Orders—Saturday, 12*25c.; Monday, 12'25o.; Tuesday,
12 20o.; Wednesday, 12\30c.: Thursday, 12*30c.; Friday, 12’30o.
8uort Notices for April.—Saturday, 12*20c.
Snort Notices for
12*24c.

The following

May.—Thursday, 12*23 @12 30c.; Friday,

exchanges have been made during

42 pd. to exch. 200 May for Aug.
42 pd. to exch. 500 May for Aug.
13 pd. to exch. 3,000 June for July.
26 pd. to exch. 400 Sept, for July.
300 April for May even.
13 pd. to exch. 400 June for July.
01 pd. to exch. 100 May for April.
28 pd. to exch. 400 May for July.

•03
•14
*42
T4
•28
•13
•40
•25

12*22/9

the week:

to exch. 3,000 May for Sept.
to exch. 1<»0 May for June.
to exch. 400 May for Aug.
to exch. 100 May for June.
pd. to exch. 400 May for July.
pd. to exch. 100 May for June.
pd. to exch. 400 May for Aur.
pd. to exch, 500 Nov. for Feb.

pd.
pd.
pd.
pd.

The Visible Supply of Cotton, as made up by cable and
legraph, is as follows. The Continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
The Sales and Prices of Futures are shown by the follow¬ :or the Continent are this week’s returns, and consequently
ing comprehensive table.
In this statement will be found the jrought down to Thursday evening; hence, to make the totals the.
daily market, the prices of sales for each month each day, and complete figures for to-night (Apr. 28), we add the item of exports
the closing bids, in addition to the daily
from the United States, including in it the exports of Friday only.
and total sales.
-

....

The dally deliveries given above are actuaLly
vious to that on which they are reported.




delivered the day pre¬

492

THE CHRONICLE.
1882.

B took at Liverpool
Stock at London.

1881.

053,00O 1,000.000
65,200
42,900

bales.

...

Total Great Britain stock 1 .018.200 1,012.900
Stock at Havre
101.000
131.000
Stock at Marseilles
3,110
4,200
Stock at Barcelona
36,000
22.500
Stock at Ham our#
2,200
7,000
Stock at Bremen
44.300
26,400
Stock at Amsterdam
18.500
42,100
Stock at Rotterdam
,
254
1,770
Stock at Antwerp
1,900
780
Stock at other couti’ntal ports.
0.820
9,850
Total continental ports....

635.000

35,800

54,000

749,800
82,600

689 000

1879.

therefore, a safer conclusion through a comparative statement
like the following. In reply to frequent
inquiries we will add
that these figures, of course,' do not include overland
receipts or
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
out-ports.

160.250

2.410
28.240
3.600

2,000
41.000

4,500

35,900
19,400

RECEIPTS FROM PLANTATIONS.

26.750

43,750

2.100
390

4.750
3.750
10.000

7,900

313.500

182,510

Total Euronean stocks..
1 ,217,394 1,356.400
India cotton alloat tor Europe. 342,000
268.000
Amer’n cotton afloat for Eur’pe 332,000
502,000
3 L ,000
J£gypt.BraziJ,<fec..aflt for E’r’pe
48,000
Stock in United States ports
618,902
602.699
Stock In U. 8. interior ports...
137.206
204.211

ending—

985,750
216,000
105,000

247.000

358,000

..

19,000

296,750

932.3 m)

..

46.000
5^8,877
204.154

368.731
78,962

11,000

100

12,000

Total American

620,000
100,000
382,000

762,000
223,000

512,000
358,000
598.877

137.206

502,000
602.689
204,211

204,151

253.000
405.0C0
368.781
78 902

19,000

12,000

1J .000

100

618.902

London stock
Continental stocks
India afloat for Europe

333,000

238,000

65,200
99,184
382,000

42.900

Egypt, Brazil, «&c., afloat

44

44

—

ponding date of 1880 and

202.000
35.800
43,540
247,000

43,75 ;
216,060

46,000

15,0 0

121.0C0

increase of 731,899 bales

2 £ p ®
C:.® ?T3

o*

S

5

£

g-cMgag

C

P SJ. r">' /—>
"
jc
p * © C- ©e* •
® g; _ *£*

se

®

<

p
o

S 5* **

P

the

‘

21,07 4,028

M

© i-*
>

—-

•* OC

o if* c” to

© CC ©
tv a i-1

10
<»
©
a

Ci
a

:

??p

•

: P

aw

«-*

17,842

CX *0 C m ©

a.

£

*

*

g

<■*•<0

~

~

P

00

Vj

to

-if*
tv

00

M

*-•

If-

a if* M a. Oi **J if*

to

ocuoato^j ©©
M 1
© ©. (X © K)
or e do © © **l ©

©

-

(X

to

2^1

M

W
M U'H M p
I—
© JO © O' On CC
*4 © © W it* ©

CC'I^OMC'ONCOCO'tCWCCUCDr.Ui

w

m

mo
w C'

m

m

M

o-lo -l o*o

W P W P M o O' o

-J

p m oo c -l
c Cl a to o

*-*

03

M

wto

*-

to

c< ci

oc ci oo oc cn m o

ocpc©>—Ctociw-ioc pMCtcoopap

c w c« © -I CD CD c p w

ro ci

•-

63,609 33,509
68.438 27.220

25,255
10,550
12.:i?8

50.628

40,317
32.351

Cotton

of

32,351 bales and for 1880 they

were

in sight

April 28.—In the

table

below

give the receipts from plantations in another form, and
add to them the net overland movement to
April 1, and
also the takings by Southern spinners to the same date, ro as to
give substantially the amount of cotton now in sight. We shall
continue this statement hereafter, bringing
it down to the close
of each week.

1881-82.

Receipts sit the ports to April 28
Interior stocks in excess of Sept. 1

bales.
on

Apr. 28.

receipts from plantations
April 1
Southern consumption to April 1
"Total in sight April 28

1880-81.

4,431,742
112,411

5,351,348

4,514,153
391,173
190,000

5,538,330
452,089
155,000

5,128,620

0,145,419

1S0.982

It will be seen by the above that the decrease in amount
to-niglit, as compared with last year, is 1,010,793 bales.

dredths of

©<icctcw<i w

^laaci-iato^jpi-PPoocct-'cDicw^i
c. -i

i-

47.729

40,091
30.480

insight

t

-i m p c c> c. i c m u w a a

m

O' CD Mti

m pcd to

o. c> oo o:

S.Qo

J- W M ^ 1 -1 rf_
M
£*M tCrf-X © ©
wk c. Vo h oia x* i V ">-bb b oocm
oi©a©caaif*xaoiwoo^i©aaccxa
cc co oo ci k

p a' o m p m c c. ci c m oc to co

VicxmcdWi w

! 45
&

COW
MM
W
*-*p
m o> to ac to w if- to w a m to u< to -i © oi © oi
O«M X

a oo

a

to

Vl QC |f*bl

btca-icctooioxoc

c M P P
P to
C .XXWKC
c c< ci O' p p a

U.

Cl

30.858

31,646

points the rainfall lias been large. Otherwise conditions have
been quite favorable for crop purposes.
Reports are given
below from four additional points in Texas.
Galveston, Texas.—We have had a drizzle on one day of the
past week, the rainfall reaching two hundredths of an inch.
Crops are well enough advanced but are needing rain every¬
where.
Average thermometer 74, highest 82, lowest 66.
Indianola, Texas.—We have had a slight shower on one
day of the past week, the rainfall reaching two hundredths of
an inch.
Rain is wanted.
The thermometer has ranged from
65 to 85, averaging 76.
Dallas, Texas—We have had no rain during the past week.
A good shower would be beneficial to
crops.
The thermometer
has averaged 65, the highest being 95 and the lo west 34.
dj&renham, Texas.—We have liad a shower on one day of
the past week, but not enough to do much
good. Crops are
promising but need moisture.
The thermometer has ranged
from 50 to 96, averaging 73, and the rainfall reached ten hun¬

<

►*!

yo

a i o tc ic to

28

19.032
8.S34
11,101

77,29s
63,957
5-3,136
32,022

Weather Reports by Telegraph.—There lias been rain in
almost every section of the South the past week, and at some

gscsg,

l

-■

60,718

18S2.

54,035 279,831 294,608 233.182
44.167 272.988 277.350 215.044
33.229 250.333 261.519 201 747
20.80 239,175 •241.196 180.281
33 606 220.890 225,620 157 830

Total

~

c

66.579

36.714

Amount

as com

C. ce r ir11 p: 2;

r

38,910

21

Plant’nt.

1881.

we

receipts j
for the week and since Sept. 1, the shipments for che
week, and
the stocks to-night, and the same items for the
corresponding
period of 1880-8L—is set out in detail in the following statement:

-

78.514
85.696

1880.

25,874
31.141

Net overland to

At the Interior Towns the movement—that is

to a ce «-r

37,323

1882.

86.779 371.68: 313.837 380.528 108,085 129.604
72,031 351,707 312.55) 372,454 95,349 145,232
60.160 341.022 817.5&S 362.430 02.310 143.307
51,980 325.216 3.2.458 343,072 62,045 133.801
58.747 311,087 310.232 315,073 50,23) 136,000
57,4-4 300.793 320,500 284,393 39.317 100.468
6l.91o 286.233 309.513 253,618 38,fc59 82,703

tions for the same week
were 12,573 bales.

54.090

sight
compared with the same date of 1881,
bales as compared with the corres¬

pared with 1879.

47.393

T

1881.

That, although the receipts at the out-ports the past week
33,606 bales, the actual movement from plantations was
only 11,161 bales, the balance being taken from the.stocks at
the interior towns.
Last year the receipts from the
planta¬

2 .804.492 2,976.300 2,397,371 2,069.593
6Hud5i&icd.
Oi-htf.l.
0*3 l

an

31

18S0.

2.

as

increase of 407,121

110,85} 133.723
115.307 146.C39
102.090 13U359
78,151 133.031
64.368 149,126
43,011 10 *,200
53,410 93,690

1882.

were

The imports into Continental ports this week have beer?
63,000 bales.
The above figures indicate a decrease in the cotton in

o-nightof 171,808 bales

1881.

SVk atlnterior Towns. Ree'pts from

The above statement shows—1. That the total
receipts from the
plantations since Sept. 1, 1881-82 were 4,544,153 bales; in
1880-81 were 5,538,330 bales; in 1879-80 were 4,844,759
bales.

670.400
574.310
449.750
1.877,108 2.305 900 1,823,031 1,619,843

Total visible supply
Prioe Mid. Upl., Liverpool

....

1830.

14

44

927.384

Total American

c

24

Receipts at the Ports.

514.000

139,000

90,500
268,000
31,000

48,000

Total East India, &c

p

17

il

Apri

*

Liverpool stock

=

10

«!

15.00©

1,877,108 2,305,900 1,823,031 1.619 813

East Indian,Brazil, dc.—

c

17
24

44

Liverpool stock

*

li

M

1»

American—

Continental stocks
American afloat for Europe....
United States stock
United States interior stocks..
United States exports to-day..

10

Mch. 3

Total visible supply
2 .804,492 2 076.300 2.397,371 2,069.593
Of the above, the totals of American and other descriptions are as follow t:

an

We-ek

.

Feb.

109,184

United Btetes exports to-day..

1880.
714,000

[VOL. XXXIV.

~

an

inch.

£

Palestine, Texas.—It has been showery on two days of tlie
past week, the rainfall reaching forty-nine hundredths of an

c P «J

inch.

Crops of all sorts are doing well. Average thermometer
71, highest 86, lowest 56.
Huntsville, Texas.—We have had a good shower on one
day of the past week, but more rain is wanted. Crops are
fairly promising. The thermometer has ranged from 50 to 91,
averaging 71, and the rainfall reached sixty-six hundredths of

to

a*

bi
oo

©

CO

M

*1
to M to©
a©
c if* to -i © -1 JO

to

a p

cn

<j<iawci
h to m c to i-1 «*- oi c.
cc
tc P m p a p go o cc »i cr.
wcicdooh-op <t
to cd
to c >- ci cc ci p w o m ci a a cd c. to

(X ©to e c

CC

m

p

w
00

a

to M

e co co to to a m
too«-i

pa ©QC to MOO
C W © Cl 0C M 00
w to —* i m a C' a

00

.0

00©

'

CfilOWi-iw

w

p

M

M

to

&5

an

cicC'io © © px

w cd p puoc c;-ic-i
© <i *aaciocoo>X'cci—*
to a- a w
ci p p
p to oo © p

p

a ci

a cd

to

p

'

t;

pp

-i

p

p

if>*

pp

c»a da pto*gc»p wwto-i
p *i ex © x -1 ci to w a oo p qdci ci c« on to
© p
c: w oo w a oc to © © x on ci p -4 ci

be

to m to o* c a

K,

©

m tO 05
CC C tO
co or- to © *o © ©

r-»

02

©

i—*

►*

X

C. to © © or

>— m

ro

a- m o- -l

o» rs. © t-»

m i—•

—

m ni

!

i
1

The above totals show that the old interior stocks have
de¬
creased during the week 20,352 bales, and are
to-night 67,005
bales less than at the same period last
year. The receipts at.
the same towns have been 4,936 bales less than the same
week
last year, and since Sept. 1 the
receipts at all the towns are
494,798 bales less than for the same time in 1880-81.

Receipts

from the Plantations.—The
following table is
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the
outports are' some¬
times misleading, as they are made
np more largely one year
than another, at the expense of the interior stocks. We reach




Rain is

•

a

oo go

to to oo c to oo © © *. a on © a
cc c» *oi m Li co c >- be O’ a bo to a cc © © -i oo
a oc c © © O' oi oo co © a m a oac m ud a ©
—

no rain during the past
needed, but prospects are favorable. Planters
are giving increased land to cotton this
year.
The thermome¬
ter has averaged 64, the
highest being 89 and the lowest 39.
Belton, Texas.—It has been showery on ,one day-of the past
week, the rainfall reaching twenty-seven hundredths of an
inch.
Prospects are good as there is no particular suffering
in this section, but
crops would be helped by a good rain.
Average thermometer 72, highest 92, lowest 52.
Luling, Texas.—The weather lias been warm and dry during
the past week.
Rain is desirable, but crops are doing reason¬
ably well. Corn is waist high and cotton lias ten to fourteen
leaves.
Labor is in fair supply and more efficient than here¬

week.

to

©

inch.

Weatherford, Texas.—We have had

i c w

bciowpp

a
©

P

ci c p c p -a

p
ap
a p
© cc c © to a w
-ic P©M©m

V

PM

aap©roccc«tow^iwpocpoo©a©©
o*
c^i o. O’ci ©^t w C'^to to © ©ac 01 to oo m

mcJijcjd

tofore.

New Orleans, Louisiana.— It has rained on two days of the
past week, the rainfall reaching thirty-eight hundredths of an
inch.
The thermometer has averaged 74. •
Shreveport, Louisiana.— The weather during the past week
has been generally fair,.with a storm on the 22d. the rainfall
reaching one inch dncl eighteen hundredths.
The thermo¬
meter has ranged from 53 to 92.

Vicksburg, Mississippi.—Telegram

not received.

April

THE CHRONICLE.

39, 1888.J

Columbus,

Mississippi.—We have had rain

on

three days

of the past week, the rainfall reaching four inches and
twentyThe thermometer has averaged 67, the
nine hundredths.
high¬
est being 86 and the lowest 43.

Little Rockt Arkansas.—Friday,

Sunday and Wednesday
of the past week were cloudy with rain on two
days, and the
remainder of the week has been pleasant and clear until to-day,

winch is bad, with very heavy rain. The. rainfall reached
eighty-six hundredths of an inch. Average thermometer 68,

highest 85, lowest 47.
Memphis, Tennessee.—We have had rain on two days of the
past week, the rainfall reaching one inch and sixty-two hun¬
dredths. The thermometer has ranged from 49 to 88,
averagi ng 66.
Nashville, Tennessee.—It lias rained on four days of the
past week, the rainfall reaching one inch and thirty-efeht
hundredths. Average thermometer 56, highest 84, lowest 49.
Mobile, Alabama.—It lias been showery on two days of the
past week, and the remainder of the week has been pleasant.
The rainfall reached twenty-five hundredths of an inch.
Plant¬
ing is about completed in this vicinity. There is less cotton
and more corn planted this year. The crop is
developing
promisingly. The thermometer has ranged from 56 to 84,
averaging 72. Montgomery, Alabama.—We have had rain on two days
of the past week, the rainfall reaching one inch and nineteen
hundredths. Planting is about completed in this
neighborhood
and we have secured a good stand.
The crop is developing
promisingly. The thermometer lias ranged from 52 to 84,
a
veraging 69.
Selma, Alabama— It has rained on one day of the past
week, and the remainder of the week has been
pleasant, but
variable between clear and cloudy.
The rainfall reached three

inches and fifteen hundredths.

The thermometer has

aver¬

aged 67.
Madison, Florida.—It has rained on three days of the past
week, and the remainder of the week has been pleasant. We
are having too much rain.
The days have been warm, but the

nights have been cold.

Average thermometer 64, highest 68

493

Against this put the following:
Amerioa has shipped less than last
Increase from India and Egypt

Bales.

soason

442,000
46,000

Deficit in total shipments

396,000
Increased consumption to April I,
according to Chronicle and
Ellison
;
*
104,000-

3.'

Actual deficit of stooks and afloat to
Contiuont
500,000
according to Chronicle and Ellison. 220.000
Total
280,000
nereis a discrepancy of 280,000 bales.
How is it to be accounted
for ? Statistics are believed
by some people to be an occult science
which no outsider can
possibly master. I have triod to make this queation as simple as possible.
If I have succeeded, it is plain that
stooks
were either under-estimated
las", or over estimated this, year, or
both.
I would like to have an
explanation as stmple and as easily understood
by plain people as I have made the statement of the
question.

Deduct estimated deficit,

All of the above, if

E. J. Donnell.

understand it rightly, refers to the
Continent solely ; and the intent of it is, we
suppose, to show
that the Continent has consumed
280,000 bales more than it has
received. But before we can
explain the figures we would be
pleased if Mr. Donnell would give us a little information with
regard to the preparation of them.
1. We would like to know how he
makes up the shipments
of American cotton to the Continent?
The Chronicle tables
cannot show it, because
(first) a portion of the shipments to
Great Britain never lands in Great
Britain, but are ordered to
the Continent, and (second) because the
indirect shipments to
we

the Continent do not
appear in the Chronicle table at all. As
the Continent had received on the first
of April 842,050 bales of
American cotton, against 1,044,940 bales at the
same date last
year—or a decrease of

only about 200,000 bales, we should be
pleased to have Mr. Donnell explain to us what his
442,000
bales decrease has to do with the
subject ? or, in other words,
what it

means

?

2.

Why does the above statement omit all mention of the
Macon, Georgia.—We have had an unusually heavy storm shipments to the Continent trem Brazil, West
India, &c., ex¬
during the past week. Below here a heavy cyclone did much cept suoh as appear in the afloat ? Of these
descriptions
there
damage to property, but as the week closes there has been a had been
up to the date mentioned about 80,000 bales.
favorable change in the weather.
Planting is making good
Why shouldjbales of the average of 400 lbs. be indiscrimi¬
progress. Average thermometer 66. highest 82 and lowest 47.
Columbus, Georgia.—It has rained severely on one day of nately mixed with the Egyptian and American
weights if an
the past week, the rainfall
reaching two inches and seventy- accurate result is to be reached ?
mk hundredths.
Average thermometer 77, highest 82 and
Now if Mr. Donnell will furnish us a little
lowest 60.
more
and lowest 69.

Savannah, Georgia.—We have had rain on two days of
the past week, and the balance of the week has been
pleasant.
The thermometer has ranged from 55 to
80, averaging 70, and
t he rainfall reached one inch and
twenty-five hundredths.
Augusta, Georgia.—We had heavy general rain on two
days during the early part of the past week, but the‘latter
portion has been clear and pleasant. The rainfall reached
three inches and twenty-eight hundredths.
Planting is mak¬
ing good progress. Average thermometer 66, highest 84 and
lowest 49.

Atlanta, Georgia.—Telegram not received.
Charleston, South Carolina.—It has rained on two days'
of the past week, the rainfall
reaching one inch and eighty^
two hundredths.
Average thermometer 63, highest 82 and
lowest 51.

light on
points, we shall then be in a position to give him the ex¬
planation he wants, and will very gladly do so.
Jute Butts, Bagging, &c.—There has been
more
activity
during the past week, and considerable business has been done.
The orders are gradually
increasing in size, and buyers are
these

inquiring

freely. The sales aggregate about 5,000 rolls
figures, and sellers are quoting 7%c. for 1% lbs.;
for 1M lbs., 9/£c. for 2 lbs. and
lO^ic. for standard grades.
There is more demand in Boston, and sales
are
reported of
10,000 rolls at 8/4c.for 1% lbs. and 9c. for 2 lbs. Butts do not show
more

at full

any

change, and beyond

ness.

a

small inquiry

we

hear r)f

no

busi¬

The sales aggregate about 1,200 bales at

April 27, 1882, and April 28, 1881.

2%@2%v. for
quality and 2%@3e. for bagging grades. At the close
Jhe market is about st^adjL witli sellers
naming above quota¬

New Orleans

Ellison & Co.’s Circular for April—We have this
week
received Mr. Ellison’s circular dated April
13, and give it

The

following statement we have also received by telegraph,
showing the height of the livers at the points named at 3 o’clock

tions.

Apr. 2 7, ’82. Apr. 28, '81.
Feet.
1

....

Memphis

Nashville

Above low-water mark.

paper

23
7
13
43

Inch.
10
11
2
0
7

Feet.
2
34
13
10
4t

Inch.
G
2

j

below:

Course

of the

Liverpool Market, March 9

April 13.
Our last
report was issued on the 9th ultimo. The market
had been very firm for several
days, chiefly on account of the
New Orleans
reported below high-water mark of 1871 until improvement expected to follow upon the abolition of the
8ept. 9, 1874, when the zero of gauge was changed to
high-water Indian import duties, and a large business of a more or less
mark of April 15 and
16, 1874, which is 6-10ths of a foot above anticipatory character was done both here and in
Manchester.
1371, or 18 feet above low-water mark at that
point.
Prices, which had already gained l-16d. to %d. from the
pre¬
vious lowest
advanced a further l-16d. between the 9th
New York Cotton
Exchange.—One appliexnt lia* been re¬ aud 14th ult. point,
At the bottom of all this, however, bhere was
an
ceived for
membership and he is to be balloted for on next absence of genuine confidence, and after several days
of
hesita¬
Monday. Daring the week the visitors have been as follows:
tion, during which there were fluctuations of from l-32d. to
.fohn Martin, ParK
l-16d., prices fell back to the rates current at the
Texas.
A. Boreli, New Orleans.
opening of
J.:E. Murray, London, England.
the month ; the rates on the 27th nit.
W. H. Kennedy, Mobile.
EiiLx Corput, Georgia.
being about the same as
Edward
L.
Cox,
those
Narfolk,
Vu.
of
the
9th ult. with an occasional decline of
Otro Magnus, St.
Louis.
l-64d. to
J B. Allen, Njrfollc, Va.
Mr. Longnette, New
l-32d. for futures.
Between the 27th, ult. and the 6th
Orleans.
inst. the fluctuations were
quite t-ifling and the fina
Mr. Donnell’s Statistics
—Mr. Donnell, in the New Yrork rates on the 6th inst. were l-16d on the
and l-64d. to
Commercial Bulletin of the 25th inst, asks the Chronicle to 3-64d. lower than those of the 9th ult. Thespot
market wras closed
between Thursday evening (6th) and
explain certain figures made
Tuesday morning (11th)
up from Mr. Ellison’s Circular for tVe Easter
and from our own
holidays.
It
reopened
quiet
but steady. Yester¬
tables as follows :
IireVeport
icksburg

—

Above low-water mark.

7
10
2

l woulil like to
have the
,

on

Chronicle explain the following
discrepancy
statistics, including Mr. Ellison’s estimate
of spinuetV stocks
the Comment:

Visible stocks less than last
year
spinners stocks uioro
than last

..

year

1i

rt,3»°Kal
nna
there

afloat loss than lust
year about
Total deficit
according to Ellison and Chronicle
is




.

77,009

57,000
*

20,000
200,000
220,0( 0

to

day and to-day, with* a good inquiry, prices have gained l-16d
on the
spot and 3-64d for futures ; but at the close there were
sellers at the advance. The absence of
auythinglike buoyaney
in ^Manchester kept speculation in
check; especially as the
belief is gaming ground that there is, and will continue to
be,
a plentiful
supply of cotton for the remainder of the season.
The spot quotations for American and Braxils are
l-16d., and
Egyptians \£d. higher than those of the 9th ult., while Surats
(except Broach and fair and good fine Ooinras) are 1-16 to %d+
lower iu consequence of increased
supplies.

*

principal fluctuations in
the spot and for forward

The following is an account of the
the price of Middling Upland on

delivery during the month. The fractional quotations
44
futures M are given in the 64rhs of a penny

1882.
Mar.
II

«

April

9
14
27
6
13

Afar.

Apr.

Spot.

Apr.

May.

GHie

6 36
6 44
6 38
6 38

OSg

G5^

6
6
6
6
6

611i6

41
48
39
38
42

ifay
J’ne.
6 45

6
6
6
6

53
46
41
44

for

A Jig.

Sept.

July. Aug. Sept.

Oct.

.Tune

6
6
6
6
6

July
6
6
6
6
6

50
57
49
46
49

54"
61
52
51
53

6
7
6
6
6

rvou XXXIV.

CHRONICLE.

THE

494

f8
OO

57
65
57

1882
1881
1880

6 45
6 53
6 45
6 45
6 48

April.

ifay.

June.

July.

August.

160
233
157

110
181
107

90
113
91

50
79
50

90
114
65

..

..

..

•

Total.
500
770
470

The stock in the ports on the 31st March was 869,000 bales.
This item, along with the estimated receipts, gives a total of
1,369,000 bales as the supply available for
The distribution will probably compare as follows
season.
with the figures for the previous years :

the remainder of the

Stock in ports March 31
Manchester Market, Mar. 9 to April 13
ReceiptsMarch 31 to August 31
At the date of our last report the market was Very firm, and
Supply
an active business was going on in anticipation of the improver
Stock in ports August 31
ment in trade and prices which it was expected would result
Deliveries
1
from the abolition of the Indian import duties. No one ap¬

1882.

1881.

869
500

"770

770
470

1,369

Course of the

1880.

S0G

1,576

1,240

212

212

141

1,157

1,364

1,099

229

152

230

peared to know which direction the demand would take in
947
927
1,135
respect of fabrics suitable for the India market, but there was Available for Europe
568
580'
384
a general impression that more business would be done, and
Afloat March 31
that prices would rise. This led to an all-round inquiry for
1,527
1,703
1,311
Total
shipment to the miscellaneous markets of the world, and to some Import of cotton shipped in September in
87,
34
79
activity in the home department. The consequence was a large
time to arrive by tUe 30thof that month..
business and an advance of about %d. per lb. in the medium
1,561
1.390
1,790
Import into Europe March 31 to Sept. 30
counts of yarn, and fully l/£d. per piece in shirtings ; but the
demand was of a more or less anticipatory character, and was
From India we expect 800,000 bales, against 716,000 last year,
soon satisfied.
Then came a pause, and eventually a gradual and 815,000 in the year before ; from the Brazils 200,000,
iving way in prices, until the advance just quoted was lost,
against 142,000 last year ; from Egypt 50,000, against 105,000,
he Eastern markets are immovable, and stocks are burden¬
and from sundries 50,000, against 46,000. These estimates,
some.
There hes been a 44 little short time’’ amongst manufac¬
j)lus
the stocks in Europe, compare as follows :
turers during the past month, but no appreciable effect has
Tot.
Mar.
been produced on prices, and it is felt that a more marked cur¬
Import Mar. 31 Stocks, March 31. 31 Supply,
to Sept. 30.
to Sept. 30.
tailment of production will be necessary before the close of the
The closing prices are about the same as those of a
season.
1882. 1881. 1880. 1882. 1881 1880. 1882. 1881. 1880.
month since, except a rise of %d. per lb in the finer counts of
557 2,077 2,661 2,118
871
687
1,390 1,790 1,561
American
yarn occasioned by the rise in the value of Egyptian cotton.
882
861
67 1,086
145
286
815
716
800
East
India
Movements during the Season October 1 to March 31.
373
475
162
442
142
184
211
291
300
Brazil,Egypt,Ac.
The deliveries to English and Continental spinners during the
Less American

consumption

...

with the figures

first six months of the season compare as follow
for the corresponding period of last season :—

1880-81.

1881-82.

-

1,643,030

786

Bales of 400 lbs.

Continent.

Great Britain.

•

Total
2,490 2,797 2,587 4,115 1,200
Average weight o f balei3

1830-81.

1881-82.

1,423,060

1,462,240

No. of bales..

1.853,740

Av.wglit (lbs)
Tot.wglit(lbs)

438

453

432

439

799,674,120

744,231,590

631,343,200

624,723,340

Bales of 400
lbs

1,999.000

1,860,000

1,580,000

1,561,000

Stocks held by English spinners
Stocks in (ontiuemal d**pots not counted
orrheld by Continenta 1 spinners
Total available supitly. March
Mill stocks all Europe, Sept. 30

Stocks ia ports,

Sept.

Total stocks

in our tables,

31—Sept. 30

3C)
.

Consumption in twenty-six

3,605 3,997 3,373
420

420

410

5,693 4,186 3,540
203

131

172

312

245

194

4,211 4, “62 3,905
800 1,052

139
70S

937 1,317

847

137

265

3,276 3,245 3,059.

weeks

126

Average per week

124

118

of consumption we estimate at 70,000 bales
for Great Britain, and at 58,000 for the Con¬
Last year, throughout the summer months, trade in Lan¬
tinent, against 67,000 to 68,000 for Great Britain, and 54,000 to cashire was good, aud all the mills were fully employed; but
{>5,000 for the Continent twelve months ago.
this year businesses very unsatisfactory, and some curtailment
On the basis of the foregoing estimates, the movements for in
consumption is certain. There has been a little .short time
the twenty-one weeks of this season and last compare as fol¬ already amongst manufacturers, and there will be some amongst
lows, in bales of the uniform weight of 400 lbs.:
spinners by and by. The chances are, therefore, that the rate
of consumption will fall short of our estimate of 126,000 bales
Con/ijicnt.
Great Britain.
of 400 lbs,per week.
On the Continent consumption is likely
1881-82. 1880-81. 1881-82. 1880-31.
to keep well up to the late average, except in Spain, where
112,000 some short time is being worked.
240,000
27,000
25,000
The present rate
of 400 lbs per week

•

■

Surplus stook, Oct.

1

Deliveries to March 31

1,999,000 1,800,000 1,580,000 1.561,000

Supply

2,024,000 1,887,000 1,820,000 1,673,000
1,820,000 1,756,000 1,508,000 1,428,000

Consumption, 20 weeks
Surplus stock

March 31....

204.000

131,000

312,000

245,000

English spinners hold 73,000 bales, and Continental spinners
in¬
(including cotton in interior depots and in minor ports
cluded in our tables) 67,000 bales mure than they held twelve

hot

months ago, the excess on
in Russia and Spain.

the Continent over last year

is chiefly

weeks ended on the 31st March the deliveries
to both English and Continental spinners were much larger
than in the corresponding five weeks of last year, namely for
During the five

Great Britain 394,700

against 296,010, and for

the Continent

323,290 against 292,940.

month has not developed any new features in the
position of the market. People continue to worry themselves
about the size of the American crop, although seven months of
the season have gone by; and in spite of the fact that, the
small American crop notwithstanding, the supply of unconsumed
cotton in the ports and at the mills in the world is larger than
The fact that the present crop is
it was twelve months ago !
much smaller than the rate of consumption is so exclusively
dwelt upon, that the equally important fact that the last crop
was much larger than the rate of consumption is altogether
ignored. By and by it will be seen that the surplus left
from last season will have been sufficient to make up for this
year’s deficiency, so far as tlie wants of the world are con¬
cerned, without decreasing stocks as much as they were

gives particulars
half of the season

The circumstance that our present report
of the European movements for the first

of the prospects of

For the remaining five months of
estimate the port movements as

supply for the

the American season we

follows,-compared with the
for
the
previous
two
seasons,
in 1,000’s of bales :
figures



Comparative Port Receipts and

Daily Crop Movement.—

by weeks is not

comparison of the port movement

A

accurate
of

the weeks in different years do not end on the same day
the month.
We have consequently added to our other standing

as

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

The past

suggests an examination
second half.

experienced during
little while the market will
Al¬
ready some people are putting forth estimates of acreage, but
at this early period such calculations are utterly worthless.
Much ado is being made about the floods in the Mississippi,
but the experience of previous seasons shows that the floods are
more likely to increase than to diminish the crop.

tables

Prospects.

increased last year.

the probability

As to prices, so far as one can see at present,
is that the fluctuations, for at all events some little time to come,
will not materially differ from the range
the past four or five months.
In a
be under the influence of the prospects of the new crop.

a

movement for the years

3ince

named. The movement

each month

September 1,1881, has been as follows:.
Tear

Monthly
Receipts.

1881.

Sept’mh’r
October..
Novemb’r

Deoemb’r
anuary

.

February.
March...

1880.

425,770 458,478
968,318
837,349
951,078 1,006,501
983,440 1,020,802
571,701
543,912
291,992 572,728
257,099 476,582

Beginning September 1.
1878.

1879.

333,643
888,492
942,272
956,464
647,140
447,918
261,913

.

1877.

288,848

98,491

689,264
779,237

578,533
822,493

893,664

900,119

618,727
566,824
303,955

689,610
472,054
340,525

3,901,825
otalyear 4,290,640 5,075,110 4,480,342 4,140,519
Perc’tage of tot. port
reoe'nts Moh. 31

86-40

89-58

89-78

236,868
675,260
901,392
787,769
500,680
449,686
182,937

3,734,592
92-48_

to Mar. 31 the receipts at the
784,470 bales less than in 1880-81
bales less than at the same time in 1879-80. By adding

This statement shows that up

ports this

190,2-2

93T0

1876.

year were

and

totals to Mar. 31 the daily receipts since that time*
we shall be able to reach an exact comparison of the movement
for the different years.
■
to the above

.

1878-79.

1879-80.

1880-81.

1881-92.

1877-78.

5,570

2....

“

3...

7,501

S.

8,298
6,524

“

4..

9,772

23,210
13,035

8,237

9.980

6,338

S.

9,834
6,649
5,114
14,158
5,817

13,656

6,243
5,264
4,717

10,317

S.

“

“

5...

7,018

6...

8...

4,022
9.512
4,170

9....

S.

7-.-.

‘

«
««

10....

“

li..:.

*‘12
“

13;..
14....

**

10,903

S.

15....

9,676

5,156

8.

7,387
6,990

13,867

3,791

11,621

9,905

3,592
7,299
3,879

8,010
11,034
12,369
4,708

7,359
5,696
4,746

6,299

S.

“

16...

“

17....

o,o 13

S.

“

18....

4,039

r

•“

21....

“

22....

3,165
3,899
9,005
4,353

23....

S.

12,886
8,812
14,679
6,714
12,919
6,054

0,-7r

S.

«

19....
20....

•“

24....
■“

26....

5,8 49
5,587

27....

4,313

V 28....

6,123

25....

Total

8.

14,912
'

6,785
11,236
5,491

S.

11,515

5,310
6,862
7,649
6,885

9,724
9,790
4,729
9,816
6,299

8.

9,291

8.

2,563

3,916
5,021

4,026

8.

of

1,561
2,724
4,995
S.

5,923
3,075
7,402
3,064
2,680
1,502

S.

tota‘
90 91

92 58

9672

9407

94-85

This statement shows that the receipts since Sept. 1
up to
to-night are now 908,808 bales less than they were to the same
day of the month in 1881 and 199,021 bales less than they were
to the same day of the month in 1880.
We add to the table
the percentages of total port receipts which had been received to
April 28 in each of the years named.

India Cotton Movement from all Ports.—The figures which
collected for us, and forwarded by cable each Friday, of
the shipments from Calcutta, Madras, Tuticorin, Carwar, &c.,
enable us, in connection with our previously-received report
are now

Bombay, to furnish

readers with

our

a

from
full and compete India

movement for each week.
We first give the Bombay statement
for the week and year, bringing the figures down to April 27.
BOMBAY RECEIPTS AND SHIPMENTS

Shipments this week.
Conti¬
BriVn. nent.

Exports (bales)—
To Liverpool
Total

Shipments

Total.

1882 8,000 31,000 39,000
1881 16,000 40,000 56,000
1880 12,000 37,000 49,000
1879 5,000 25,000 30,000

FOR FOUR YEARS.

since

Great
Britain

Conti¬

465,000
139.000
169.000
114.000

270,000
267,000
229,000
163,000

Jan. 1.

Receipts.
This
Week.

Total.

nent.

735,000 82,000
406,000 67,000
398,000 60,000
2 77,000 44,000

Since
Jan. 1

994,000
634,000
625.000

442,000

According to the foregoing, Bombay appears to show an
receipts of 15,000
bales, and a decrease in shipments of 17,000 bales, and the
shipments since January 1 show an increase of 329,000 bales.
The movement at Calcutta, Madras, Tuticorin, Carwar, &c., for
the same week and years has been as follows.

increase compared with last year in the week’s

CALCUTTA, MADRAS, TUTICORIN, CARWAR, RANGOON

Shipments this week.

1882
1881
1880
1879

AND KURRACHEE.

Great
Britain.

Conti¬
nent.

Total.

21,000
3,000
6,000

7,000

28,000
3,000

3,000

7,000

4,000

9,000
11,000

Great
Britain.

Conti¬

161,000
111,000
121,000
70,000

61,000

Total.

nent.

59,000

222,000
170,000

36,000
49,000

160,000
119,000

EXPORTS TO EUROPE FROM ALL INDIA.

1882.

Shipments

Bombay

Total

This
week.

All other p’rts.

1881.

1880.

39,000

Since
Jan. 1.

This

Since

week.

Jan. 1.

This
week.

Jan. 1.

735,000
222,000

56,000

398.000

3,000

406,000
170,000

49.000

28,000

9,000

160,000

67,000

957,000

59,000

576,000

58,000

558.000

Alexandria
Receipts and Shipments.—Through
have made with Messrs.

we
°*

Alexandria,

S°^n

we now

arrangements

Davies, Benachi & Co., of Liverpool
receive a weekly cable of the movements

Alexanclria, Egypt. The following

and shipments for the
past
of the previous two
years.




Sept. 1.

This
week.

Since

Sept. 1.

163,871

500 225,500
9,161 133.841

1,700 282,450
3,451 169,204

2,700 397.571

9,661 359,341

5,151 451,654

This statement shows that the

receipts for the week ending
6,500 cantars and the shipments to all Europe
2,700 bales.

April 27
were

were

Manchester Market.—Our report received from Manchester

to-night states that the market is slightly busier at the lowest
rates.
We give the prices of to-day below, and leave previous
weeks’ prices for comparison:
1882.
32« Cop.
Twist.
d.
Feb 24
Mch. 3
“
10
“
17
«
24
“
31

1881.

8^4 lbs.

Shirtings.

d.

d.

8.

93831 97s 6
938® 978 6

Oott'n
MU.

d

s.

99i6310‘4
9"l«3 lO^

6
6

7Lt3>3

0

en16

6
6

6
6

0

Apr. 7 9'Lf;@1018
“
14
93saio
“
21
93s@10
“
28 939^10

”3)3

0

65s
6*8

4*237 lO^
4i23>7 9
4i2®7 9

6
6

CotVn
Mid

814 lbs.

Shirtings.

Zfpldi

d.
d.
a.
d.
s.
d.
912 3>10ie 6 101238 27s
9*2 3>103s 6 H)i233 27s
914 3 97s 6 9 3>7 10i«
94 ® 978 6 9 3>7 IOI2
9
3 970 6
71237 9
9
*3 978 6
71237 9
9
3 97s 6
9
@8 0

d.

6*8
6Hi«

6
6
6

97lft®l0 6
9383>10316 6

32* Cop.
1 wist.

Upl ts

3>7 10^
3>7 10*2
3>7 lOLj
7^3)8 0

6^16
612

61116
6ii16

9

OH 18

8»« 3

®

8% 3

97b 6
9*8 6
9-Lj 6

9

3)8

5^37
51237

d.

63s
63s

63i6
63l«
6318
6

Glia

0

6

8I2
8I2

515W
5i»16

!■;

Shipping News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached

79,859 bales.

So far

as

the Southern ports are concerned, these

the same exports reported by telegraph, and published in
the Chronicle last Friday. With regard to New York, we
include the manifests of all vessels cleared up to Wednesday

night of this week:

Total bales.
New York—To Liverpool, per steamers Batavia, 1,340
City
of New York. 587
City of Rome, 1,053
Italy. 2,323
Lake Wiimepeg, 1,333
6,641
To Hull, per steamer Lepanto, 2,050
2.050
To Havre, per steamer Amerique, 966
966
To Bremen, per steamers Braunschweig, 31—Donau, 301.
432
New Orleans—To Liverpool, per steamers Juana. 3,100

Mediator, 3,345

Mt. Pleasant, 4,563...Statesman, 4,179
....Warrior, 2,530
17,917
To Queenstown, per bark Ocean, 2,211
2,241
To Havre, per ship Oasliier, 4.984
4,984
To Bremen, per bark Adolf, 3,253
3,2 *3
To Malaga, per steamer Messieo, 1.605
1,605
To Genoa, per steamer Messieo, 2,247
2,247
Charleston—To Liverpool, per barks Helen Sands, 1,633 Up¬
land
Wacissa. 2,351 Upland and 50 Sea Island
4,03 4
To Reval, per bark Erbrin, 2,025 Upland
2,025
Savannah—To Liverpool, per barks Konoma, 1,52 4 Upland
Pohona, 1,385 Upland and 72 Sea Island
2,981
To B trcelona, per steamer Maria, 2,000 Upland—per bark
Anibal, 1,052 Upland
3,052
Texas—To Liverpool, per
ship Algoma, 4,512
per bark
Orion, 2,364
6,376
To Hremen, per brig Ceres, 976
.
To Vera Cruz, per steamer Whitney, 888
Baltimore—To Liverpool, per steamer Guillermo, 1,143
To Bremen, per steamers Ohio, 1,601
Strassburg, 1,301..
To Rotterdam, per steamer Lord Nelson, 909
Boston—To Liverpool, per steamers Iowa, 5,278—Nova Sco-

tian, 1,459

976
888

1,143
2,902
909

6,737

Liverpool, per steamers Biitish Crown, 3,000
British King, 2,000

Philadelphia—To

Total

The

5,000
79,859

particulars of these shipments, arranged in
follows:

our usual

are as

Barcelona

QueensLiver- town <&
vool.
Hull. Havre,
New York..
N. Orleans.
Charleston.
Savannah..
Texas
Baltimore..
Boston—i.

6,6 41
17,917
4,03 4
2,931
6,876
1,143
6,737

Pliiladelp’a

5,000

Total... 51.329

2,050
2,241

966
4,984

Bremen.

Reval.

432
3,253

& Malago,.

Genoa.

1,605

2.2 47

2,025
3,052

6.033

976

8,740
4,954
6,737
5,000

2,902

„

4,291

5,950

7,563

Total.
10.089
32.247
6.059

2,025

4,657

2.247

79,859
883

Included in the above totals are, from Galveston to Vera Cruz,

bales; from Baltimore to Rotterdam, 909 bales.

Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, etc.:
Juana, steamer (Span ), Gastanasra, from New Orleans, cotton-laden,

Liverpool, while proeeeding down the river. April 22, with a
tug alongside, became unmanageable and collided with the wharf,
staving a hole in her starboard side, abreast of the fore hatch, four
feet above the water’s edge, and returned to her pier aud com¬

Since

This last statement affords a very
interesting comparison of the
total movement for the week
ending April 27, and for the three
years up to date, at all India ports.

and

Sept. 1.

3.199,606

Since

for

Europe

from—

Europe

Shipments since January 1.

The above totals for this week show that the movement from
the ports other than Bombay is 25,000 bales more than same
week last year. For the whole of India, therefore, the total ship¬
ments this week and since Jan. 1,1882, and for the corresponding
weeks and periods of the two previous years, are as follows.

to all

This
week.

A cantar is 98 lbs.

form,
Year.

Since

2,700 233,700

To Continent

*

4,500
2,726,500

are

port reo'ots Apr.28

Tear Great

6,500
2,809.720
This
week.

5,136
2,579
4,682

4,431,712 5,340,550 4,630,763 4,301,313 1,088,126 3,830,146

Percentagea

This week....
Since Sept. 1

S.

9,090
4,948
4,646
3,34«
11,26!
5,5H

7,450

8,677

2,641

1879-80.

1880-81.

’Receipts (cantars*)—

2,794

S.

4,511
3,512

5,140

5,973
4,406
4,484
2,347

7,987
5,557

10,014
6,243

6,260

8.

*1,910

S.

3,378
5,846
5,640

3,083
4,915
3,164

7,629
5,707
6,484

4,350
9,106
4,123

S.

6,277
4,836

S.

8,081
6,566
5,199

6,051

8,250
8,573
6,010
8,044

$,222

5,311

1881-82.

April 27.

1876-77

Xot.Mr.31 4,290,640 5,075,110 4,480,842 4,140,519 3,901,825 3,734,592
15,764
8.
5,922
9,393
35,516
6,612
Apr. 1 -.. •
“

Alexandria, Egypt,

are

the receipts

week and for the coiresponding week

'

menced

unloading.

She

was

repaired and proceeded to

sea on the

24th.

Rochdale, steamer (Br.), Tindall, from Charleston, S. C., Dec. 8, via
Halifax, March 25. with cotton, was discovered to be on fire at
Sebastopol, April 20. All available means were used aud she was
scuttled on the 21st, said to be in 22 feet of water. She was
beached on the 22d, completely gutted forward and partially
flooded. The Are was extinguished on the 23d and the cargo was
being discharged on the 24th in bad order. The vessel has sus¬
tained extensive damages.
Betty, bark (Ger.), frsm Galveston, which arrived at Falmouth on the
17th inst., was in a leaky condition.
Emily Waters, bark (Br.), Sloman, from Galveston, at Liverpool, April
19, had decks swept during the passage, and was making water oa
arrival.
Osmond O’Brien, bark (Br.) Scott, from Norfolk,
20th in tow with loss of anchor and chain.

arrived at Liverpool

f

$

carry what practically amounts to a corner through the next
three months. The crop prospects for winter wheat are favor¬

Tjrknmob, brig (Nor.)

Steamer Ceres (Ger.), arrived at Cowes, April 6,
of cotton ex brig Trenmor
(Nor.), from Charleston for Bremen.
Cotton freights the past week have been
follows:
from Dunkirk, to tranship the cargo

able and the

Mon.

Satur.

Wedncs.

Tues.

Thurs.

seems likely to show some
freights has militated against
the foreign trade somewhat. To-day the market was dull and
slightly lower ; No. 2 red sold at $1 46% for May, $1 46%@
$i 46/4 for June, §1 30% for July and $1 22% for August.
Indian corn has materially declined owing1] to an important
increase in the receipts at Chicago. The decline has been quite
as marked in the West.
The export sales here have neverthe¬
less reached only a moderate aggregate. It is stated that specu¬
lators in the West have been covering their contracts at the
decline while it is also averred that leading operators have
begun to sell the market short in anticipation of a steady
increase in the receipts. To-day the market was dull and
again %@lc. lower; No. 2 mixed sold at 8O(n>80%c. for May,
80c. for June and 80%c for Juljg
Rye has been firmer but not active. Barley has been dull,

Fri.

yield of spring wheat

An advance in

increase.

ocean
„

Overpool, steam d.

•^30

sail... d.

Do

Havre, steam—r.
Do

sail

Bremen, steam,
Do

e.

.

Hamburg, steam.a’.

.

.

11

Amst’d’m, steams.
sail

■*

sail

e.

....

....

....

....

....

510*

5ia'

d13*

310*

510*

....

....

....

....

....

....

....

7

732 9iJ4

732 d 4

....

....

”32*

....

-

”33*

....

”32*

ll32V

.

....

”.32‘

”32*

....

*

Baltic, frteain—d. ~32 d) *4
Do

....

....

....

5l<r”32*

”32*

”32*

”32*

....

,

ll32;

sail...//.

Do

....

....

....

”32*

”33*

332 ® *8

3-jo ® *3

....

1!32*

....

.c.

sail

Do

....

1132*

c.

332'© Iq

a;i2 ® :8

....

”.32*
....

q*
....

3»-© q
....

....

....

Compressed.

Liverpool.—By cable from Liverpool, we have the following
statement of the week's sales, stocks. &c., at that port:

weak
Apr. 14

Apr. 6.
Boles of the week
bales.
Of which exporters took ....
Of which speculators took..
Bales American
Actual export

49,500
6,500
3,800
33,000

50,000
7,000
2.900

35,000
4,100

Forwarded
Total stock -Estimated
Of widen A nericau—Estim’d
Total import of the week
Of whiea American

2.700

11,000
15,000

11,000

907.000

953,000
620,000
123,000
81,000

461,000

586,000
119,000
70,000
504,000

221,000

218.000

.

7.200

560,000
78,000!

571,000
95,000
48,500

14,500

.

Fair
Mod. inq.
Fair
inq.
demand
demind
freely
freely
y lower. supplied. freely met supplied. freely met.
6 ” 16
6• q3
6” m
6” 13
6”io

not,

(

p.m

b

Mid.Upl’d*

qu.)ta-

6 '3

Mio. Orl’nw
SaleR
Spec. A exp

6 *3

078

<j73

S.O >0

10 1>')0

12,000

,090

2,0 )C

2,099

J

Markc*, *
22:39 p.m. )

Quiet.

(
(

Barely
steady.

440,000
187,000

do bakers’
W’is. & Minn, rye mix.
Minn, clear and stra’t
Winter sliipp’gextras.
do XX and XXX...

6

10,090
2,000

Steady.

Wheat—

Dull.

Quiet.

Quiet.

fii'io

Dull
but
st.eart V.

Dull
and
easier.

Steady.

Delivery.

<1.

April
Apr.-May
May-Juue

I

d.

O&o^
...6^4

64i 64 | Juue-July

Apr.-May
May-June

645^

64ie4 July-Aug
G4^ I Aug.-Sept

I

Delivery.

0Pq4
0&4,.4

64! 64 I Aug.-Sept
64i«4 | Sept.-Oct

June-July

...649a4

646f 4
64oe4

Sept.-Oct
May-Juu'1

653y4 I Apr.-May
645^ I May-June
640o4 | June-July

June-July.. 644d4-@4:>64 j April
July-Aug
04\4 I

640(54
64o<i4

o44c4

Wednesday.

April

041*4
64(q4

.

June-Julv

Aug.-Sept..
Sept.-Or t...
May-June

640,u

64q4
640y4

May-Jtme

64464
643C4

..

Aug.-Sept...
Sept.-Oct...

-

045(j4

Thursday.

April

G4l64

Apr.-May.. 041 ,<4 •© 40fi4
.

-

6 4104® 40t4

Juue-July
C4w64@44i54
July-Aug.. 6°o.u@4yft4
Aug.-Sept 604^4 3,5334
.

.

Sept.-Oct...
July-Aug

...

July-Aug...

64564
64H64
644*04

Friday.

April-May.

641,4

May-Juue.

June-July
July-Aug...

645^4
64064

..

Aug-Sept..
Sept.-Oct..

.

.

654

;4

645,54

BREADSTUFF S.
Friday, P. M..

Flour has been

sales

quiet for most grades and

are

some

weakness in

steadily increasing but the

small.

Wheat has advanced several cents

owing to a rise in Chicago,
where the receipts have continued very small. The business
here for export has been trifling and the speculation has sub¬
sided somewhat. There are signs of hesitation among the specu¬
lative element, owing to the uncertainty as to whether heavy
deliveries on the May option will be made at Chicago on the
turn of the month for the purpose of breaking the market, or
whether the clique accredited with the control of the market will




Southern

$7 75 © 9 25
6 85 ® 7 20

bakers’ and

family brands
South’d si: ip’g extras.
Rye flour, superfine..

6 00®
6 25 ®

5 75
6 75

65® 5 15

4

Corn meal—
4 25 ®

Western, &c
Brandywine.
Buckw’t flour, 100lbs.

4 50

1.50® 4 60
....

a

90
95

Boat loads
(Fro >n the

“

©,.

Oats—
60
60
62
61

®
w

62
61

©
u> u)

62

Barley—
Canada No

Canada

82
88

1

1
1
1
1

bright...

State, 4-rowed...

State, 2-rowed...
Barley Malt—

w

©

95

U

90

Canada

©

92

State, 2-rowed...
Sta c, 4-rowed

'©....

©1 17
© 1 IS
©1 15
©

'

1 25
1 00
1 10

:...

..

Nojo York. Pro lure Sxch.inye

16
17
10
Ob

©1 40
'©1 08
'© 1 .15

Weekly.")

Receipts of flour and grain at Western lake and river p*»r?s
April 22, 1882:
Flour,

Wheal,

Corn,

bash.
(6 0 lbs.)

bush.
(56 lbs.)

bush.
bush.
(32 lbs.) (48 lbs.)

718,185

434,222

At—

bbls.
(196 lbs.)

Jhicag®

29 220

81,585

Milwaukee

50,523
1.423
9,931

55,081
187,360
83,205

33,423
1,365

138 936
14,300
8,460

ToledoDetroit
Clcvoliiiid
St. Louis.!”!”
Peoria
Duluth

Total..

--

Same time’31.

32,510
2.95,281
i 9,748

...

4,500
130,338

158,001

...

338.435
331,100

45,165
25,503
89,868

Barley,

Rye,
bush.
(56 lb.-,

47,405. 9,309
43.610
800
7,505

4,925

....

199,499
301,800

32.459
11,000

568,927. 1,738,262 1.1 16,302 142,779
717,163 103.252

799.98b'1,913,533

Total receipts at same ports from
1882, inclusive, for four years :

1,801

17,450
33.548
35,658

Dec. 26, 1831, to April 22,

1881-82.

1880-81.

1879-80.

1878-79.

bbls.

2,424.456

2,7o8,339

1,779,65 7

2,094,118

bUBh.

9,862,215
25,732,635
11,963.82 L

ll,757.5<*3
25,751,094
9,315,370

13,080,451
40,436,966
6,772,232

17,786,224
23,242,793
7,141,091

3.76.5,680
717.180

3,154.193
567,220

1,999,705
081,70 i

1,911.296

F.our

vVheat
Corn
Oats

Oats,

Barley
Rye

914,093

62.980,063
50,990,110
Comparative receipts (crop movement) at same ports from
Angust 1, 1881, to April 22,1832, as • compared with the pre¬
Total grain

....

52.016,761

50,545,412

vious three jears :

April 28, IS'2.

prices has latterly been apparent, holders finding a concession
necessary to business. To-day the market was dull and depres¬
sed, especially for the common grad«3 of spring, which are ob¬
jectionable to both exporters and bakers by reason of their bad
color and the irregular or incomplete grinding and bolting.
The stock of winter wheat flour is

85
00
90

d.

64^4

Tuesday.

April
May-June

Western yellow..
Westeiu white

yellow.
Rye—Car lots

Monday.

April

61V©

Southern

Quiet.

I June-July ..6i4G4®4;i64 I Sept.-Oct

C4,g4 | Aug.-Sept

decidedly

for the week ending

Saturday.
Delivery.

641^ l July-Aug

West. mix. No. 2.

Southern white..

Quiet.

'©144
....

...

•

Du!!.

Patents

Mixed
White..,
No. 2 mixed
No. 2 white

©l 45

120
©148
1 4 (>lo c
135
a 1 12
80
©
82

Red winter
Red winter, No. 2
White
Corn—West, mixed

2,000

Dm.

and

City shipping extras.

\

Spring.per bush. $1 15
135
Spring No. 2..

67h
12,000

'3

12,000
2,000

been active

GRAIN.

,

May-Juue

3 75
3 25 © 4 10
4 00© 5 10
4 25® 5 00
5 25® 0 00
6 75® 7 65
6 25 © 7 50
5 50 © 7 65
5 00 © 5 60
GOO © 7 50

$3 00®

Spring superfine
Spring wheat extras..

Friday.

The actual sales of futures at Liverpool for the sasu > week are given
below. These sales are on lho basis of Uplands, /.«)\v Middling clans.;
unless otherwise stated.

May-June
June-July.
J uly -Aug..

have

FLOUR.

Futures.

Market.
5 P. M.

Oats

F2 isier.but Mod.

Market, (

12:30

Wcdnes. Thursd'y.

Tuesday.

Saturday Monday.

nominal.

No. 2 spring...$ bbl.
No. 2 winter
Winter superfine.....

The tone of the Liverpool market for spots and futures each d iv of the
week ending April ‘23, and the daily closing prices of spot chiton, have
been as follows:

Spot.

and

higher, owing to small receipts; the Western markets have
been excited. Here the market to-day was lower; No. 2
mixed sold at 61/£@62c. for April, 58/2@59c. for May and
56%@57c. for June.
The following are closing quotations :

65,000
11,500

11,000
5,500

40,000

16,000
873,000

422,000
191,000

Amount utlowu.....
Of which Amerioan

76,00(

49,500

15,500
835,000
48,500

Apr. 28

Apr. 21.

1878-79

1881-82.

1880-SI.

1879-80.

Flour

bbls.

5,909,255

6,132,469

4,979,105

4,83S 974

Wheat
Corn
Oats

bash.

34,866,826
81.761.690
27.784.306
11.087,379

64.954,408
86,538,002
30.414,875

71,385,457

81,127,496

73,874.990
63,313,193

20,195.487

23,104,101

11,042.015

9.8 82.14.9

3,381,575

3,029.026

3.504,392

8,933,042
3,871,041

161,884,976

193,003.326

186,075,281

173,116.370

Barley
Rye

.

Total grain...

1

Comparative shipments of flour and grain front the same
from Dec. 26, 1881, to April 22, 1882, inclusive, for four

pons
years:

Flour...
Wheat
Corn
Cats

..bbls.

bush.

1881-82.

1880-81.

1372-80.

2.252,978

2.740,402

1,522,217

1878-79
2,3 31 115

5.666.932

8.105,978
17,109,8" 2
8,471 234

9,053,868

11.477,828

28,317,378

25.416.805

9,306.738
1.715,376
787,988

Barley
Rye

1,682,531

808,163

5.037,854

1,216,3
572,863

15,617,392
5,136,905
1,601.152
616,66:;

180,793
4 1.198,S13
34 479.943
39,933.339
Rail shipments from Western lake and river ports cor the
weeks ended:
Total grain

....

Apbil

39,1882.]

THE
1882.

1881.
Week

1880.

April 23.
174,714

April 24.
90,107

Week

April 22.

bills.

Flour

86,312

CHRONICLE.

1379.
Week
April 20.

Tree*

497

certain kinds of
fancy dress goods, &c., in order to
plus stocks before the close of

move sur¬

the season.

119,023

Domestic Cotton Goods.—The
exports of domestics for the
week ending
1,520,284
509,918 1,090,031
April
24 were 4,416
333,872
packages, 2,052 of which were
429,800
303.5)00
shipped to Great Britain, 1,140 to
Barley....
50,102
08,005
114,639
China, 907 to Africa, 98 to
27,951
33,743
41,073
43,940 United States of Colombia, 50 to
Cuba, &o. The status of the
cotton goeds market has
3,543,249 1,181,504
not
3,017,955^
materially
changed in
Bail and lake shipments from same ports for last
four weeks:
There
was a steady demand at first hands for smallany respect.
Week
Flour,
Wheat,
Corn,
parcels of
Oats,
plain and colored cottons, but
BTirley,
Rye,
entliup—
or,m.
_bush.
bush.
few large
hush.
bush.
hush.
transactions
were
April 22.-.114,825
510,874. 2.150,460
072,087
70,290 89,338 reported, agents having shown no desire to
543,688
Apiil 15...117.260
1,087,750
force
090,130
goods
85,046 34.080 unwilling
upon
April 8... J 01.321
212,805
buyers, and the latter
1,928,119 050,021
95,412 25,077
having manifested very little
191,779
April 1... 110.090
883,740
470,028
disposition
to
107,482 22,113
anticipate future wants. Stocks of
plain cottons
are
Tot., 4 irks. 4
3,458,066
0,950,075 2,489.400 358,836
unusually
light, and the supply of colored
170,009
4 w’ks’81..79-1,128 4,181,415
7.10,,188 2,504,<42
goods is strictly
203.118 209,300 moderate as a rule.
There is
Receipts of Hour and grain at seaboard
consequent^ a firm undertone in
ports for the week the market, and a
probability of slightly improved prices for
'81,062

bush.

1.088,188

572.743
597,324
70.790

143,102

800.381

J

Flour,

Wheat,

74.041

hush.
07,512

Corn,

Oats,

fabrics

some

Barley,

as soon as

buyers

are

prepared to begin operations
in fair demand
GO,900 28,320 at
Boston
and firm
51,100
29,500
3 15-16@le. for
68,500
8,000
400
64x64s,
and
Portland
675
48,308
3%@3 7-16e. for 56x60s, but
9,400
3,200
Montreal
prints, ginghams and cotton dress
11,121
1,250
2,500
goods were generally
Philadelphia... 25,033
05,000
133,550
and
188,800 21,000
quiet,
somewhat unsettled.
Baltimore
20,794
00,800
40,400
32.500
New Orleans... 11,554
1,000
Domestic
173,205
2 4.735
Woolen Goods.—There was
a good
in heavy
steady movement
Total week... 200,573
282.130
clothing
woolens in execution of former
540,759
729,153 90,500 29.720
Cor. week '81.. 282.590 1,947,282 1,455,198
orders, but new
725,000 153,340 10,344 business was restricted in
volume, selections having been
Total receipts at same ports from Dec.
20, I831 to Anril
chiefly confined to small parcels of medium
1882, as compared with the previous three
and fine
years :
r
5 suitings, worsteds and
c&ssimeres,
1881-82.
1830-81.
overcoatings.
For
1879-80.
spring
1878-79.
Flour.... ..bills.
cassimeres,
&e.,
the
3,530,995
demand
at first hands was
4,201,205
2,703,183
3,200,200
comparatively
light,
and the
Wheat......bush.
jobbing trade in such fabrics was
8,110,727
18,693.715
16,178,535
Coni....
25,364.887
adversely
affected
10,343.951
by the
26,312,c 13
41,107,960
Oats......
33.315,904 prevailing cold weather. Prices of
7.067,580
0,808,000
clothing
woolens
are well
5,606,320
5,902,434
Barley..
1,945,0'■0
maintained, and, while stocks of
1,750,948
1,353.100
1,320,102
Rye
light-weight fabrics are strictly
185,103
501,829
351,283
moderate,
987,430
leading mades of heavy goods are under
the control
Total ei rain
or orders for some
27,073,112
54,367,011
time to come.
64,937,204
00,890,757
Kentucky jeans and satinets
Exports from United States seaboard
were slow of
ports for week ending
sale, and there was only a limited
April 22,1882:
call for flannels
aside from dress flannels
for which fair
Flour,
Wheat,
additional
Corn,
Oats,
orders were
From—
Rye,
placed with agents. Worsted dress
hbls.
Peas,
bush.
bush.
bush.
hush.
New York
goods and shawls remained
hush.
45,050
389,089
quiet
and
knit
89,498
underwear
and hosiery were
097 33,0/4
Boston
50,087
14,458
dull. Carpets were
17,040
74,107
fairly active in jobbers hands and
Portland
375
48,308
makes
leading
are so
sold
Philadelphia..
up b}T agents that prices are
2,8*09
closely
35,589
firmly maintained.
Baltimore
Foreign
22,340
Dry
101,510
Goods
19,010
have lacked animation in
120
New Orleans..
the hands ol
importers and the jobbing- trade was
quiet,
because
dullness
of the
of
Total for w’k 119.058
the retail trade,
052,190
182.081
resulting from the unfavorable
817 33.574 17,327
Same time ’81. 157,411
condition
of
the
1,758,890 1,368,413
weather. Fine and medium
1,101.
20,401
plain silks and
Rhadames were in fair
The visible
request and steady in
supply of grain, comprising the stocks in
grade
silks
moved
at the
slowly. Dress goods wfere price, but lowprincipal points of accumulation at lake and granary there was a
sluggish and
seaboard
steady though light demand for linen
ports, and in transit by rail and
and white
water, April 22, 18S2, was as goods, embroideries and laces.
follows:
At—
New York

hhls.

bush.

hush.

115.550
74,05 4

Rye,

hush.

383,918

for tlie

bush.

fall trade.

Print cloths

were

•

*

....

r

Wheal,

In store at—
—

Albany

Duluth
Toledo

hush.

1,533,785
101,988

220,310

11,400

22,500

Buffalo

Chica/')
Milwaukee

Corn,

hy.sh.

New York
Do. afloat (eat.)

117,825

113,220

505.009

3,594,066
1,109,069

1,822,439

781,709
404,100
132,9/7

Detroit

Oswego

40,028

Philadelphia.....

105,170
400,547

338,162
5 79,312

On lake

On canal

425,003

Tot, Apr. 22, ’62..
Do. Apr. 15,’82.. 10,809,4GI
11,200,229
Do. Apr.
8,'82.. 11,732,326
Do. Apr. 1,
’82.. 12,101,735
Do. Mar.
25, ’82.. 12.502,355
Do. Apr.
23,”81..

53,159

137,803
45,300

229,800

Kaiisaa City
Baltina rc
Dowu Mississippi.
On rail...,

131,139
13,171

50,915

06.812
13,293

Indianapolis

4,145

191,708
28,917

18,533

311,423

Peoria

95,000
27.000

124,309
2,331

407,048

14,901

Toronto
Montreal

449,598

19,172

80,000

417,248

Boston

Barley,

Bye.

hush.

42,098
36,009
3.9,514
49,139
50,135

for the

23,302

247,985
109,159

894,020
2.477,257
715,517

37,747
52.937

*

5,883

90,701
120,183
177,258
10,000

74,679

70.704

20.21

15,589

48,265

8.319.520 2.222,247

8.126,325 1,775,252
8.913,448 1.529,799

9,099.05 L 1,682.691

500

101,402

m

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FRIDAY. P. M., April 28, 1882.
The unseasonable
weather that prevailed
week has had a
during the past
depressing influence upon the dry goods ra e,
and

business was
comparatively quiet with package houses an
jobbers alike.
Fair deliveries of
staple cotton an wio en
goods were made
by manufacturers’ agents on account of
on

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tot-*
to **

c

644,084
941,298
772,007
937.183
933.253 983.390
1,080.984 995,941
1,237.262 1,041,599
1,440,075 293.238

consumption in no slight degree. The
tone of the
market has been
steady on the most staple fabrics of
and
domestic
foreign manufacture, but
price concessions were made on

«
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57,743

demand was almost who
iy o a
hand-to-mouth character and
light
in the aggiegate.
0
jobbing trade was mostly
quiet, near-by retailers (who are
anally seen in large numbers
at this
stage of the season) aving been
sparsely represented in the
market, owing to the un¬
favorable condition of the
weather,
which
has checked the de¬
mand for

or

0

Oc.1"-"- co
^ j-vlCOO

27,951
01.382

or

•

<
•

h-4 r-

X© ©c —*

Flax Silk Cot n Wool

.Ylanfcures't Miscelanou Vlanufotres

’
•
•

1—

cc

4;

THE DRY GOODS
TRADE.

current

•

r—

>U.
m

•

1

©

i

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m

5

c;
a

Cot n Wool Total

g;

Cc

5

1

2,e81

70,790

CO

£3

1, and the same facts
follows:

are as

AS

Silk

5

110,599
10, LOO

m

707,887
02,300
25,909

of 1881,

£=

c<

13.243

10,114,982 1.759,102
19,320,832 12,829,188 3,217,537

record, but the

£

*
C p

TTT

14,720

H
0

2,770

12.518

3,712

H

*

^

S'S&MS

882

100.000

Dry Goods.
at this port for the
week

January

corresponding periods

59,000
0,450
288.097
09,041

2,530

of

importations of dry goods
ending April 27, 18S2, and "since

95,056

41,297

Importations

The

hush.

••••--

40,000

8t. Louis

Oats,

bush.

Cl

*

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Iq :o © 10
©©-#.-©•*
-1

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498

Alex. 8.

LOUISIANA.

MONROE,

Attorney.

Solicitor and

Counselor,

FIDELITY & CASUALTY CO.
1375 00)
U. S. Bonds
250*0JO
On deposit with Insurance Department.. 100*000
Officials of Banks, Railroads and Transportation

Companies, Managers, Secretaries and Clerks of
Public Companies, Institutions and Coramere»i
firms, can

Specialty.

31 PINE

BISHOP.

HOWLAND.

M. M.

Co.,

Glazier, Kohn &
NEW

STOCKS AND

BROKERS,
19 NEW STREET,

COMMISSION.

YORK,

AND SOLD ON

in

WIXTRINGHAM,
INSURANCE, BANK STOCKS, &c.

securities bought at the auction
No. 36 PINE STREET,
NEW YORK.

No. 80

BROADWAY, NEW

Buy and Sell on Commission, for
gin, all Securities dealt in at the

Interest
Exchange.
Particular attention

NEW

No.

YORK.

cash or on mar¬
New York Stock

allowed on daily balances.
paid to orders by mail or tele¬

Sc Co.,

BROKERS,

The

Brooklyn Trust Co.

This Company is

YORK,

Bridgeport

Kendall, Henry Sanger, Alex. McCue,
John P. Rolfe,
Chas. R. Marvin. A. A. Low,
E. F. KJiowlton, Abm. B.Baylis, Henry K.Sheldon,
H. E. Pierrepont, Dan’l Chauncey, John T. Martin,

Whitely,

(Branch Office, ISO Fifth Avenue).
All classes of Railway and Mining Stocks bought
and sold on Commission.
Private Telegraph Wires to Philadelphia, Wilming¬

real estate, collect interest or dividends,
registry and transfer hooks, or make
sale of Government and other

TRUSTEES:
Wm. JB.

Alex. M.

White, Joslah O. Low, Edmund
Frederic Cromwell.

Member N.Y. Stock
M. Zimmerman.

(6LLl}fS,pOUDEF ^E^INS,

CINCINNATI, O.:

YORK:

NEW

W. P. Thomas.
W. M. WlLSHIRE.

Ex.

—BARKERS-

Cecil,Zimmerman & Co.
BROKERS,
74 BROADWAY, NEW YORK,
WEST THIRD ST., CINCINNATI,

25

BANKERS AND

O.

Hudson & Co.,

C. I.

NEW YORK
at the “Cumberland,” Broadway and 22d Street.
Buy and sell un commission, for investment or or
margin, all securities dealt iu at the New Yor
EXCHANGE COURT,
Branch Office and

Private Wire

Stock Exchange.
R. R. Lear

Joseph

C. I. Hudson,
t. H
N.Y.Stock Exch.

Member

P. Lloyd.

Curtis.

STREET, NEW

Jackson & Co.,

C. E.

MIDDLETOWN,
sell

STOCKS and BONDS
At Auction.
The

Undersigned hold

REGULAR AUCTION

SALES of all classes

STOCKS

ON

ADRIAN Kl.




7 PINE

on

Me jbettau
& Co,
BANKERS,

Y.

cor. Exchange Place, N.
Branch Office, 128 La Salle St., Chicago.
TRANSACT A GENERAL BACKING BUSINESS,
INCLUDING THE PURCHASE AND SALE OF
STOCKS AND BONDS FOR CASH OR ON MAR¬
GIN. BUY AND SELL INVESTMENT SECURI¬
5N Broadway,

INTEREST ALLOWED

SUBJECT TO CHECK

ON DEPOSITS

AT SIGHT.
447.

P. O. Box

C. w. McLkllan, Jr.
F. G. Saltonstalt,.

D. A. Boody,
Reuben Lei.and,

cAruJUtafCwStet.
cG Co.
No.

BANKERS,
18 WALL STREET,

SATURDAYS.

9U1LLER & SON
STREET, NEW YORK,

New

York.

Transact a General Banking Business,
the purchase and sale of STOCKS and
c tsh or on margin.

including

BONDS for

Buy and

Sell Investment
P

a.M. Kidder,

O. BOX

Securities.

2,647

wayl/nd traik

H J.Mobsi

NASSAU ST., NEW YORK,
ST., PHILADELPHIA,

434 LIBRARY

CHICAGO.
$1,000,000

PORTLAND BLOCK,
-

Capital Stock, -

SECURITIES

INVESTMENT

SOUND

furnished

Private Investors.
CAPITAL FURNISHED OR PROCURED for
Railroad Companies having lines under construc¬
tion, and their Bonds purchased or negotiated.

to

l3oodtp

TIES.

AMERICAN
FINANCE COMP’Y,
5 & 7

DEPOSITS, subject to check.

of

AND BONDS

WEDNESDAYS AND

l^euuy'oRK'

CONN.,

Government, State, Municipal and
Railroad Bonds and Stocks. Investments for Savngs Banks a specialty. Correspondence solicited.
Buy and

paid

W. C.
McKean
Y. Stock Exch’gp

YORK.
Buy and sell—on commission—Government, Rail
way and Miscellaneous Securities. Receive deposit*
subject to check, and allow interest on balances.
WAUL

-

Commission GOVERNMENT
and RAILROAD BONDS and STOCKS, and all
classes of Securities dealt in at the NEW YORK
STOCK EXCHANGE, or all reputable Securities
bought and sold in the OPEN MARKET. LOANS
and COMMERCIAL PAPER negotiated. Interest

Member of N.

Lloyd 8c McKean,

34

fme §t.

Purchase and sell on

W.Corliei

BUNKER, Secretary.

WM. R.

Geo. W. Cecil,

3

authorized by special charter to
executor, or ad¬

act as receiver, trustee, guardian
ministrator.
It can act as agent in the sale or

graph.

69

Clinton sts., Brooklyn, N. Y.

management of
receive
purchase and
securities.
Religious and charitable institutions, and pjrsons
unaccustomed to the transaction of busine-s, will
find this Company a safe and convenient dep .sitory
for money.
CHAS. R. MARVIN, Vice-P es’i.

H. Cruger Oa-kley

Washington, Boston,

that of

Guarantee.

Cor.of Montague &

Maynard C. Eyre.
Logan,
Thayers, Special Partner.

ton, Baltimore,
and New Haven.

STREET.

this Company is solely

The business of

BROADWAY, NEW

64

Vo

YORK OFFICE:

WILLIAM

4T

Where all information and forms may be obtained,
or from the Head Office, Montreal, Canada.

Jas. Whitely,

Harry C.
VV. li.

Prince Sc

BROKERS,

AND

BANKERS

W. N. Walker.

J D. Prince,

200,000
Genernl Manager:
Edward Rawlixcs,

President:
Sir Alex. T. Galt.

New, New York.
INVESTMENT SECURITIES.
Special attention to business of country banks.

sales.

270,000
320,000

.

Deposit at Albany

deposits.

AND

AMERICA.

Cash assets over

St., Cor.

T Wall

Walker,

Rutter Sc

Cash capital

carefully attended to.

BANKERS

P.

Exchange.

OF NORTH

Wall Street

A. H. Brown

C. M. Rctter,
Member of N. Y. Stock

Guarantee Co.

The

securities.
Interest allowed on

GAS,

OFFICERS AND EMPLOYEES HOLD¬
ING POSITIONS OF TRUST.

general banking and brokerage busi¬
Railway Shares and Bonds and Government

Investments

J.

Co.,

Transact a
ness

Alai'

FOR

Day,

No. 45

[Established 1854.]

’

Suretyship

Bonds of

& DAVIS.
Execute orders in all securities listed at the New
York Stock Exchange. For Sale,
First-Class railroad “ 1st Mortgage Bonds.”
GEORGE C. WOOD, C. H. HUESTIS. L. M.SWAN.

Gwynne Sc

D. Vermilye

W. G. Low, David Dows. J.
Mitchell, Wm. M. Richards.

WOOD

YORK.

BONDS BOUGHT

r’

YORK.

TO

SUCCESSORS

BANKERS AND
BROADWAY AND

H. IT.
Richards, Prest. John M. Crane
W. Harvey Lee, Inspector.
Directors—George T. Ilope.G. G. Williams Geo
8. Coe, Charles Dennis, J. S. T. Stranahan A
Hull, A. S. Barnes, S. B. Chittenden, H. A. Hurlbnt

BROKERS,

BANKERS AND

Bonds, etc^
N. Y. Stock Exchange

Railroad, Mining, and other Stocks,
bought and sold on Commission.

MAURIAC, Member

ST., NEW

rates, <fec

application to head office, 187 Broad,

Wm. M,

for investment or on
at the New York Stock

Wall Street.

No. 7

66

8.

y tae
can bn

w ay,

Ruy and sell on commission,
margin, all securities dealt in
Exchange.
'

BANKERS

SYDNEY

STREET, NEW

ROOM

Mauriac Sc Co., Wood, Huestis Sc
AND BROKERS,

E. A.

E. A.

Tinker,

3 u

Company are accepted hv

of the State of New York.
information as to details,

obtained on

BROKERS,

33 BROAD

*11 &

Investment Securities,

Securities a

Southern

Exchange.

STOCK

KINDS OF

DEALER IN ALL

fiailroad and

Y. Stock

Barker Sc

YORK.

STREET, NEW

WALL

8

No.

Member N.

courts
Full

from this Company at

obtain security

moderate charges.
The bonds of this

on

Borg,

S88

Capital invested in

York;.
Practices in the District Circuit and Supreme
Buy
and
sell
on
commlsstan
all
Securities
in
and
State,
Courts of the United States
of the
in at the New York Stock. aiV the New York dealt
Mining
all classes of cases. Has no other business, and de¬
Exchanges. Deposits received and interest allowed
votes his personal attention and all his time exclu¬
balances.
#
sively to his profession. Refers to Bank of Monroe.
Fordyce d. Barker,
Henry C. Tinker

Simon

TORE.

NEW

OF
Asset*

Street, New

3 Pine

Suretyship.

L. R. Bacon Bonds of

H. b. bacon

Clark.

Clark Sc Bacon,
BANKERS AND BROKERS,

W. Farmer,

W.

Financial.

Financial.

Financial.

XXXIV.

| VOL

LE.

THE OH HONK

Corporate and

NEGOTIATIONS conducted for
and Cities, and for Railroad Com¬
panies and other Corporations.
FINANCIAL

Counties, Towns

WILL

CONDUCT THE

FINANCIAL RE-OR¬
and other
the hands of

GANIZATION of Railroad Companies
Corporations whose property is in
Receivers or

Trustees.
AND SELL

WILL BUY

INVESTMENT SECUR¬

Commission.
WILL BUY OR SELL DEFAULTED
convert them into interest-paying
Circulars and other information

ITIES on

BONDS or
investments.
furnished on ap¬

plication.

JOHN C.
JOHN C.
WM. P,

SHORT,

President.

Vice-President.
WATSON, Sec’y and Trea*
NEW.

JohnPondir. Eduard

Mertbns.

Aug.Nathaj.

Pondir Sc Co.,
Stocks, Bonds & Investment Securities,
EXCHANGE PLACE, NEW YORK*
executed on, the London and Europe
-—
20

Orders

Markets.

J. D.
STOCK
NO. 52
Stocks,

Probst & Co.,

AND

BOND

EXCHANGE
railroad

PLACE,

bonds,

BROKER8*
NEW 10RK-

Govern"^3*™