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JHE, mmtk AND HUNT'S MERCHANTS' MAGAZINE. THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES. ift^PRESENTING YOL. NEW 42. YORK, APRIL ^tttaiicial. ^inatijcial. ^itiattcial. OEO. STiiROES, AMERICAN - DIAMONDS. Bank Note Company, 78 TO 86 TRINITY PLACE, NEW Bu»ltic»ii UroTTMimr-l uwdr YORK. & Alfred H. Smith Founded 179&. Co., IMPORTERS, New Torhi IS&S. Kcorieuttizcd 18T9. rf Slate of Ijiiri 182 Broadvaj, Cor. John Street. Fngraveks and Printers of 30NDS, POSTAGE & REVENUE STAMPS, .ECAL TENDER AMD NATIONAL BANK 40TES of the UNITED STATES; and for ENGRAVING AND PRINTING, lASK NOTES, SHARK CEUTIF1CATE8, BONBS OB GO\EU.N"ME.\TS AM> COltPOUATIOSTS, >R.\FTS, ('HE(.KS, HILLS OP KXCHANeE, lu the flnesc FHOM »TE£L let SPIII.II. und most artlstlo PL.VTES, SAH;(^IARDS to PRFVKXT C Btyle OryTKBrEITIKd Sprrlsl papi'FN cinnufiirtiinKl ovrlaiilvplf Tor use or till} i'unipnnr. GORHAM MTg Co., SIIiTERSMITIIS, BROADWAY AND NINETEENTH ST. SAFETY PAPERS. AFETY COLORS. AND Work Kxecuted In Fireproof Hulldlnffn. UTHOORAPHIC AND TYPE PRINTINO. MAIDEN LANE. 9 : iSA P. Potter, Pres't. J. w. Work, Cashier. iaverick National Bank, BOSTON. APITAL, I^RPLl $400,000 400,000 S, Bros. B ANKBB8, inililirArKEE, WIS. In any part of the country at lowest rates. Accounts of Bunks, Merchants and others solicited. . Himrls .-md .s. II. inrt (Sold Government ; Members N.T. and Philadelphia Stock Bxehanges. H. Taylor L. W. 73 t Eichanno unsfera on the Union ii Private wire to Investment Securities. New York.Baltlmore and other places . for libera Neiv York Stock Kxchange. INKER dc WESTON, BANKERS AND BROKERS. a EXCHANGE COURT, Nevr York. HT -' C. Tinker. Member N. y. Stock Exoh. SSELA EH & Co., No. 25 NASSAU ST., NEW YORK. P. 0. BOX \,<H. Transact a general banking business. Including the pnrchnso and sale of securities listed at the New Fork Stock Exchange, or In the open market. i..ans(lale Boardman, YORK, 80 BROADWAY & 5 NEW 8T llOV, N. Y., No. 17 FIRST STREET. Kich xe membershlpi private wire-, all facilities Yorfc Stock Exchange. PINE STREET, 38 CORRESPONDENCE SOLICITED. & Gaboon e Wescott, 18 Wall Street, E.vecute Orders in all NEW YORK New York, on Securities Listed STOCK EXCHANGE. . Special Attention given to Correspondence Solicited. Government, State, County. City and Railroad bonds constantly on hand for sale or exchange, and particular attention given to the subject of inrest mcnts for institutions and trust funds. & Floyd, BROKERS, STOCK Walsh BROAD STREET, NEW YORK. NicoLt Flotd. Jb JAMES W. Walsh, Jr., Member N. T. Stock Exchange. & Buttrick Elb'man, ""' 18 Wall Street, New York, PIRST-ri,ASS BONDS FOR INVESTMENT A SPECI.HiTY. ^ Investors wishing to Buy or Sell jirc Invited to call or correspond. Buy and Sell on Commission for Cash, or on Margin all Stocks Si Bonds dealt in ui the N. Y. Stock Bxcb. R. J. Noa. 1 & Kimball (EstabUshed Co., In 1886.) BANKERS AND BROKERS, & 1 8 Broad Street, Neiv York. 6 We have published a new pocket edition of oar annual "List of Stocks and Bonds at the New York Stuck Exchange." Sent free on application. Both of ourflrmareMEMBEHSof theN. Y.STOCK EiCHA.vog. Robert J. subject to check at sight and allow Interest on dally balances. No. 26 Members of the New Oickikson, BItOKBR IN ALL KINDS OF INVESTMENT BONDS. MISCELLANEOUS SECURITIES! AND DEFAULTED BONDS. (IS Years' Ai-rREn B. Loussbebt Kimball. C. Receive deposits WESTUN STOCK BROKER. •V S. Ives BANKERS, Investment or Correspondttuco Soltclted .. Henry :.)n. SeliStoc^ f. Sts., William Kobisom Adams & Kellogg, Walcott, Government & other luTestnient Bonds Deposits received subject to check at sUht, and Interest allowed on daily balance*. Stocks, Bonds, &c.. bought and sold on commlaslon In Phlladelphluand other cities. Particular attention given to Intormatlon regardlnsc BANKERS AND 1JROKER3, & 80 Broadway, Nemr York. 'tid Co., PHILADELPHIA. .ew York stock Exchange. drewSj & BANKERS Cor. Tblrd and Chestuat Secarilies on Commission. NKS. made and loans negotiated. Dividends and interest collected. Deposits received subject to Draft. Interest allowed. Investment securities a speclaltr. We Issue a Financial Report weekly. Securities. Collections Refer to— Merchants' National Bunk and Bank of North AmerMerchants' National, ChlcaKo; Mavica, New York erick National, Boston. & 2 Excliaugo Court, Nenr York. Co., stocks and Bonds bonght and sold on Commission. Orders received In Mining Stocks, and In Unlisted Co., COIaLECTIONS made sold Robison, ioyd- Jones BANKKRS AND BROKERS, & C. Walcott Albert Pearce, & Houghton S. '. pent Bonds at par. pledged by its stockholders the protection of its customers. Said bonds for an pledged as above instead of being held by the Bank as H part of its iegjvl surplus, to avoid what we think unjust and excessive local taxation. Frank "Unts of Bunks and Bankers soltclted. Collections made tipon favorable terms. Government Bonds bousht and Asst. Cash Capital, $200,000. Snrplna, $50,000. This Bank holds In addition 11,000,000 U 8.4 per Jos. C. MIAVAV TKKKTS OF IMPHOVED STTI^BO. Sbow C'Brds, LubeU, Culcndurs. BLANK BOOKS OF EVERY DESCRIPTION ALBERT G. GOODALL, Preiident VICE-PRESIDENTS t A. D. SHEPARD, i. MACDONOUGH, W. M. SMILLIE, TOURO ROBERTSON. THEO. H. FREELAND. Sect'y and Treat. W. GOOKIN. V. . BANKERS AND BROKERS, No. 24 Pine Street, New York. Transact a General Banklngr Bnslnegg. 1 TAMPS, Ac, Pres'. North-Western Nat'l Bank, CHICAGO, ILLINOIS. J. Covernments. -'oreign NO. 1,084 1886. 3, Turner, J. Membership In the N.Y. Stock Exotaaiige.) BANKER AND BROKER, 16 & 18 BROAD ST., NEW YORK. Traniaoua general Banking business, Including the purchase and sale of stocks and hoods for oaah or on nianrtp. . .^ Asiel & ' Co., AND BROKERS, BANKERSEXCUANOE PLACE. No. 61 E ASISI. E.ABiiii. M.SlUOMAxa ^~8. FRANKENHEIMER, Members N. y. Stock Kxohange. L. THE CHKOJNICLK. u l^oyjeifltt lagcfoattflg iix grawjeics of Morgan Drexel, & l)rexel,Harjes & Co 8. fers to, Co., Boston. AND BROWN & AI.EXANDER SONS Exchange IRELAND, FBANCK ON ORKAT BRITAIN ANDHOLLAND *' SWITZBKLGIUM, Y - GKKmIn DENMARK. KBLAND, NORWAY, SWEDEN AND AUSTRALIA. une Commercial & Trairelers' Credits Sell Bills of Bny and Exchange on, and make Cable TransEngland, France and Germany. Payable in any part of Europe, Asia, Africa, Ausand America. ^ ,n >,.« Draw Bills of Exchange and make Telegraphic Transfers of Money on Eurore and CallfornlA. , John Paton & Co., SUCCESSORS TO JESUP, PATON & CO., IN STEBLINQ, 62 Trilllam Street, Agency of Accounts and Telegrapliic Trannfers of Money Arms and Between tills Country and Europe. OF UKAFTS drawn MAKECOLI^ECTIONS United States and Canada, ALL PARTS OF THE WORLD, ON ^avm Son, London. gtXovtflarjCB. & Hajden Dickinson, INVESTMENT BANKER?, DENVER, . . . • . COLORADO. We have on hand and for sale tirst-cluss County and School Bonds and other choice securities. We especially recommend to conservative Investffrs our RKA Ij MSTATE liOANSon Improved City and Farm Properties. These have been made by us after rigid investigation of title and values, and can be trans* ferred at unco. CX)rrcspondence solicited. Uigheat references East and West. THE >VESTERN Farm Mortgage Corporations, individuals received upon favorable terms. Dividends and interest collected and remitted. Act as agents for corporations in paying coupons Co., LAWRENCE, KANSAS, New York. Bi.nks, & Messrs. C. J. Hainbro ^eMr York. Issue Letters of Credit for Trarelers, On SELIGMAN BROTHERS. London. SELIG.MAN FREUKS .S ('IE, Paris. SELHi.MAN A .^TElTHEhVlBR, Kriinklurt. ALSBERG GOLDBERG, AniBterdam. ALTMAN & STBTTIIIEMER, Berlin, Available In any part of the world, in FKANCS for and Guadaloupe, and in dollars lor ue in Martinique use in this and adjacent countries. make ISSUE COMMERCIAL CREDITS, AVAILABLH IN BANKERS, BROAD STREET tralia BALTIMORE. Place, BUY AND DRAW BILLS OF E.XCHANGH, MAKE CABLE TRANSFERS, ISSUE THAVBL. Bills of No. 23 Co., FOREION BANKERS. & W. Seligman & Co., J. MORGAN & STREET, NKW YORK. BRS' CREDITS. AND THEIK COKKESPONDENTS. Draw Attornets and Agents of & CO., nessrs. J. S. Ho. 22 OLD BROAD 8TREET, LONDON. PhJIa. fort o\m. M. deHolhBchild, Esq., Vienna. Exchange Cor. & soK & in all parts of the World, throuch Securities received subject to Draft. commission Interest a lowed on bo^l^Md Credits, npDOaiU ForelKn Kxchiiniie. Commercial Travelers, Circular Letters lor cfble Transfers. available in all parts ol the w orld. Brothers NEW lORK. Ickelheimer 29 W^ILLIAM Sodh. London. Meaars. N. M. RothNcliild " de KotliKchild Bros., l'nri». " 91. A. de RalhBehild Sc Sons, Frank- PARIS, j PHII.ADEI.PHIA DOMESTIC AND rOREION BANKERS. Brown Co., Heidelbach, Noa. 19 A: 21 NaNMan Street. ISSUK TRAA'ELKRS' CREDITS, available Haussmann. Cor. of 6th & Chestnut Sts. 31 Boulevard T>ono.<ita ^grU. gjlcw BANKERS, NEW YOKK. Co., & Co., August Belmont VAI-L STREET. CORNER OF BROAD, K^Drexel & [Vol. XLIl. Offers to investors the best securities in the market. FIRST MORTGAGE FARMS. IA)AN8 UPON IMHROVBD Interest and principal paid on day of ma* New York. Funds promptly placed. Large experience. No losses. Send for circular, references and dividends; also as transfer agents. sample forms. F. M. PERKINS, President; J. T. ind in points all abroad on Bonds, stoclis and securities bought and sold on WAttNB, Vioe-Prest.i L. U. PERIilNS, Socretarj and ol drafts drawn in the U nited States on commission, at the Stock E.\change or elsewhere. loreiKn countries; Transfers bought and CHAS. W. GILLKTT. Treas.; N. F. HART. Auditor and Cable Exchange Sterling SHIPLEY sold. and their London house, Messrs. BROWN, accounts ol American hanks, firms A CO receive DRAW ON and individuals, upon lavorable terms. THE UNION BANK OF LONDON BRITISH LINEN CO. BANK, LONDON AND In Sums of $100 and Upwards on InStuart SCOTLAND. J. and Ohio Lands. turity in Farm Mortgages & & J 33 "NASSAU BILLS OF Co., STREET. Maitland, Phelps EXCHANGE ON & Co., BACKERS &. SMITH'S, SMITH, PAYNELONDON BANKERS, diana 8AFBB. ALWAYS PROMPTLY PAID. SOTHINO '^' SEND FOR PAMPHLET. JOS. A. inOORE, '>4 East Market St. . Indlaiiapolls, Ind - AKD MANCHESTER & COUNTY BANK, COMMISSION MERCHANTS, "LIMITED," MANCHESTER, PAYABLE IN LONDON; 22 ULSTER BANKING COMPANY, BELFAST, IRELAND; AND ON THE HATIONAIi BANK OF EDLNBUBGH ANT) SCOTI.4NI>, BRANCHES; New John Munroe of exchange, letters of credit, telegraphic transfers of money Kennedy Tod. Co., 32 NaBsan Street, New Yoi k. JKo. 4 Post omce Square, Boston. Circular Letters of Credit lorTrave. Abroad against Cash or Satisfactory Guaranty ol Re-payment, r»' Use Bxcbanse on liOndon, Paris, Berlin and Znrlcb. CBEDITS OPENED AND PATMENTS MABB BY CABLX. Paris Honse— MUNROE J. H. O. NORTHCOTK. & tto. &. CO. J. Co. SVILLtAM STREET, Offer luTestment Securities. Buy and sell bonds, stocits and securities in all American. Canadian, British and Dutch markets on commission. Collect dividends, coupons and foreign and Inland Drafts. Sell Bills of Exchange on * CO., MEI.VI1,T,F., KVANS C. J. IIAMBKO A: SON, KBATSS UOTTINGUEK dc CO., niAKCIIARD, Si, 1 jl.URMU«. -oNDON. } CO., Jp. mrg. ji-Aitio. Kidder, Peabody Loudon. Hamburg. & Act as Agents for Banks, Bankers and Railroad Companies. Issue commercial credits, also foreign and domestic travelers' letters of credit In pounds sterling & dollars. Bessrs. Jolin Bercnberg, Gossler dc Co. nessrs. niarcuard, Krauss & Co., Paris AX-EXANDER BARINO. Member N. Y. Stock Eich'ge BANKERS. Ruckgaber, BANKERS S9 TFIIitlAM STREET, NEW YORK corhesponui:nts of the Xnternatioiiiil Bank of London Arc, <tc. Kennedy Tod No. 63 & (Ijlnilted), York. bili.s ALSO, Schulz 24 Exchanee Place, ON MEXICO, CUBA, AKLB TRANSFERS AND LETTERS OF CREDIT. iMne & Co., Members of the New York Stock Kxchange. Dealers in foreign exchange, GtovERNMBNT 113 Devonshire Street, Boston. Messrs. BARING BROS. & CO., London KxchauKO. Canadian Bank of Commerce. H. »a,0OO,ooo. GOADBY & JOI (O. I>OAN Author- of Minneapcilis, Minn. ized capital, (f-^.two.ooo. Paid up Real Eslat« capital, ?200,0o0. MortRaftes worth from two to four times the amount of mortgage, neltinn investors 6 to 8 per ct. Guaranteed by Co. Interest payable at our Banking House. 8% 7% 6% of Emcapital metsburir, Iowa, Incorporated with a of S.'iUO.OtIO, with branches at Huron .tnd .vlltchell, Dakota, ulTer first Mc.rtgaBe Farm Loans III Iowa, Minn.. Dakota, and Neb., both Principal anil InterestGiiarnnleed. Also 6 per cent DiiPunturc Bonds " Company), ruunlDK ID years, se(obligations of the uompauy;, cured by Mortgage loans deposited with the Ncrnemand Issues ranllle Trust Co., N. V. It also Certificates of Deposit at 5 per cent interest. Write for pamphlet and references ifoiiie Oflice, Emmctsbarn, Iowa. E. 8. Ormsby, Fres., 150 ^ag»nu St., N. «. The American Investment Company, paid-up SELECT FIRST MORTGAGES. We§tci n Property On Improving cash value treble upwa ds of I'Oan, with present guaranteeld affording 7 to 8 per cent income; also Business Notes of established merchants of Minnemonths, abso.iitely secure. apotof AinnltiK a to affordimtVto § per cent, in advance, "^f"'-.'-"^"?; MacBanliofColnmcrco. Minneapolis; r, San. I R.dealer Lean, Banker, 43 bichant-e I'lace, New York, approved Investments, to whom apply for particin and Mort. ^ttjctifltt J>alcB. Subplub, B. E. T AGENTS, $2,100,000. WALKER, « EXCHANGE PIjACE, NE^T YORK STERLING EXCHANGE, CABLE BUY AND SELLTRANSt'ERS, ETC. HSUB COMMEUCnAr, CREDITS' AYAILABLB IS ALL PARTS OF TUB WORLD. STOCKS BROTHERS, KOCNTZE BANKERS, 120 Broadway, Equitable "iiilrtlng. New York IiETTERS OF CREDIT AND CIKClTIiAR NOTES Issued for the use of travelers in all parts of the world. Bills ilrawn on the Union Bank of London. Telepraphic transfers made to London and to various places in the United States. Deposits received sutJect to check at slKht, and Interest allowed on ba'ances. Government and other bonds and InrestmeLt seoorltieB bought and sold ob commission. and BONDS At Auction. COirmERCIAI. CREDITS, Circular Credits for Travelers. AND OTUICU INVESTMENT BONDS. STKULING hOANd A SPEClAL.Tr. 64 Wall St. and 62 Greene St., N.T. Cable Transpf.rs and Bills of Exchanqb on Buy and sell on commiBaton, for investment or on Great Britain and tub Continent. margin, all securities dealt In at the New York Stock J. NORTIIWESTEUN GUARANTY "'s.™H. BAKER, Dealer in Real Estate ga«es. Minneapolis. Minn. ATTORNETB AND AGENTS OF Unger & Co., BANKBRS AND BROKBRS, Chas. Capital, COJtiPANT, CARPENTEU. Cable Transfers. Bills of Ezotaange. \ W.E^TERN GUARANTEE LOAN NKIJEB. Banklnc House ol Truy.N. Y. Jk ReorKanlied Established l?5Si4. Eastern Hepn'sentativeg 1S68. of the . & FOREIGN BANKERS, Nassau Street, New York, Commercial and Travelers' Credits. NORTH- The Undersigned hold SALES REGULAR AUCTION Ol all classes of BONDS, STOCKS AND ON WEDNESDAYS AND SATURDAYS. ADRIAN H. No. 12 & MIJ1.1.ER PINE STREET, SOM, NEW YORK. KQUITADT.E BFIiniNO I ^^ ANY IF YOU WANT TO BUY OK SKLL BONDS OH iBTSORCAI.I^SON STOCKS call on, lor, or send to, telein-aph write to. il. W. KOSK.MlAl'.ll, I'lace. Nfjv » orif, 54 Excbnnue caU " New bl7." ZZ »»- — rrelephone 1 April THE CHKONICLF. 1886.] 8, m gaufeera nxta gygfeerg iu S^jcw ^i>v% JAMU h. OBuam oaklmt, C. BTBI. Whitilt, MATNABD Taintor IliNur H. Oi>i>OB, WiuihlnKton, D. 0. Wm. II. TKAVKKH, Spoi.!!!! Partner. Prince & Whitely, NKW YOUK. BitOADWAV, No. 64 Bnf Aod sell Ave, Now York. 180 Fifth RD 1 vr» n»irxH i on oomnilsfllnn oluM* of ull UAllroad BeOttrttleitiiiRo <}ruln und i'rovlslonn. I'hIlmielpbiB, PrlTsle Telexrtii>h wlrrx m ton. Baltlmure, Wiuihluittun, HrlUKeport, BoMon and I'lttsburv. & Gorham, Turner Wllmlnii- Mew Usven. Co., KANKERS AND BKOKEKS, nilU BnlldluK, 35 Wall St., New York Branch House. Union Square. Oflice at Everett ACSTIN G. G0KIIA.U. Memliir C11A8. C. N0111.B. A." J. ClIA.S. W. TUKNKR, N. Y. & Kohn Stock Kxoh. Co., BANKBKS AND IlKOKEKS. 19 Broad St., N. V., Itlllla Biilldlnc, & Holt, BANKKRfl, No. 3 NEW YORK. WALE, STREET, TRANSACT a OENKKAI, IIANKINO business. DKI'OSITS received and l.NTKUKST allowed on balances. But and sell QOVKHNMBNT, MDNICIPAIj and KAIl.KOAI> Securities. Private taloKrapb wires to ProrlMBoeand Boston. O. K. TAINTOB. GBO. U. HOLT. Geo. K. & H. Dewing BAIVKERS A IV York. DBALER8 IN first-class inrVESTlWElVTS. Buy and change. ought and & Hamilton BANKKUS AND Bishop, NEW TORK. (Membera New York Stock Exchange.) Aooountsof Banks, Bankers and others reoelred. A strictly CommlBalon Business In the purchase and sale of stocks and bonds. PriTate Teleirraph Wire to Albany, Troy, SyraoQAe, Bocbester, L'ticH, Baffalo, Cleveland and Chfcafio. Draw on City Bank of London in amoants to salt. Bp 3Clal atteciMon k JTen to Securities for InTeatment. SirCCK8S0H8 TO P" ^VOOD A DAVIS. securities Execute orders \ ork Stock CHARLM F. COX Member N. T. Stock Ezehanco. & Carolin Cox, Stewart Brown's Sons, stock brokers, 64 Broadway dc 19 Now St., New York & Oilman, Son Frid. a. Brown. P. Brows. Walston H. Brown & Bros BAIVKERS, NO. 30 NASSAU 8TRKBT, VEVr YORK. & Rolston No. «3 In addition to a General Banking Business, Buy and Sell Oovernment Bonds and Investment SecurlUes. John H. Davis No. 17 1VAI.I. ST., & Co., NEW YORK. DBALBR3 IN AU. KINDS OF Ballroad and Inrestment Secnritlesi BOUTHERM BKCtTRITIEg A SPECIALTT. & Co., Ifo. & H. Latham !•; Investors wishing to buy or sell are invited to eaB or correspond. Prompt and personal atteatloo s1t«d to all orders. John STREET, BOKO AND STOCK BROKER, Dealer In InTestment Secnrities, No. 7 NASSAU STREET, (Ck>ntinental National Bank Building), NeTV York. W. H. Goadby & Co., BANKEBB AND BROKER8, No. 34 BROAD STREET, Neiv York. CAL.DWEL.L,, IFASHBVRN & A SPECIALTY. catu with us. \1o,T^npr of thp BANKERS AND BR0KKB8. S TPALI. STREET. Transact a Bener!\l Banking Business, Incluaing the Sale of all Securities dealt In at the E""^^..'!;"'' Mew York Stock Uxchange. Intareat allowed en deposit* subject to sight draft SlS*.*'-^^^'"- Lawseno Oau. i. xgmiHNO. uwim Wasu C. ntm.N, N. y. stock Kxctu^m Now H. FT(*r>anm. Vrtrir St^,Mr H. B. H0LLIN8. F. A. YZN AOA. FRAXK C. BOLUHI & B. Hollins 74 dG No. Co. BANKERS, 18 TY L A L STREET, New York. Transact a General Banking Business, Including the purchase and sale of STOCKS and BONDS for cash or on margin. Bdj and Investment Seenrltles. p. O. BOX 2,647. WATLAND TRASK. H. J. MORSI. Sell A. M. KIDDXB. W. C. Hill. Co., BROADWAY. 5 Vanderbllt Ave., connected by 1 private wire. Connected by private wire with B. W. Clark A Co.* and HIU A Kennedy, Philadelphia. Office, Fred. H. Smith, BANKEB & BROKER^ No. 30 BROAD ST., NE1¥ \'ORK. Twenty years' experience In Railroad Bonda. Fartics de»innK to buy or sell Uncurrent Bunda wli. plea.se cunimunicate. Stocka bouKbt in Fractional Ix>ts or otbenrlse. either for Cash ur on Margin. F. H. Smith. \ Members Consolidated S. W. SuiTB. ( Petroleum Bxchanae. Thompson & 16 4c Stock and New York. Richard^ BANKHR 18 Broad 8treet« 8 , New Yortc. (Next door to the Stock Kxchanire.) Members of the N. Y. Stock and PrnUuce Exch*iic«s BANKERS, DejKjslta received, subject to check. Interest Al- lowed thereon. Stocks, bonds, frraln, provisions acd petroleum boQKht and sold on c^^mmlssion for cash 8 Uroadwny, cor. ExcbaoKO Place. N. F. or on maTKln. Direct tetCKraphlc commnnlcatlOtt with the Cblcafto Board of Trade. Branch Ofllrc, -^tt I<n Salle St.. Chicago, TRANSACT A OKNEHAI, HANKING BUSINKSS, INCLUDING TllK 1>LU( llASK AND SALK OF STOCKS AND BONDS K)K CASH OK ON MARChrystie GIN. BUY AND SKLI, INVESTMKNT SECURITIES. INTERKST ALLOWED ON DEPOSITS BANKERS, SUBJECT TO CUECK AT SIGUT. Nos. 33 A 35 Nassau St., New York. P. O. Box 447. D. A. BOODT. C. W. MoLBLLAN. Receive deiwsiH aud consignments of Bullion. Reussn Lkland. Deal In Investment Securities and toreign IDC- & Janney, chango and invite correspondence. Particular attention given to information TO^VIXSEND, No. Cltr» State. Municipal and Hallway Bonds and Conposa bought and sold at best market rates. Inveatoraor dealers wishing to buy or sell are Invited to commnal* Branch Colambis Correspondence Solicited. New York SOUTHERN SECURITIES Members New York Stock Exchange. NEW YORK. Bonds and ForetKn Kxcbange. Manning, BANKERS AND BROKERS, Co., Cltj, Connty, State, Railroad, District of B. BANKER AND BROKER. No. 14 Wall Street, UNITED BANK BDILDINO, 2 TVAI-I, . BSTIBLT CHIW. AND Dealer In Miscellaneons Seenrltiea^ MILLS BDILDING (3d Floor,) Rooms 25 A 28. 33 WALL, STREKlP.,.) STATE AND CITY BONDS OF GEORGIA, ALSO SBCURITIKS OF THE CENTRAL KK. & BAJ«KINQ CO. OF OBOKOIA A S1'F.CIALTY. NEW YORK. John uoward Latham. Frkdkrice w. Pibbt J. Chew, A. Dutenhofer, Bass, ST., BOXIML SWAJ^ Commission. Sold L, Robertson, J. Correspondence Solicited. Quotations cbeerfullT furnished Wm. n. Rolston. W. Axxx. BA8S, Jr, Member N. T. stock Excb'se. Member Chicago stock Kxcta'ce. NASSAU the Ifaw BROKER CEDAR STREET. BROAD STREET, NEW YORK. STOCKS, BONDS AND mSCEIiliANEOUS SECURITIES Simon Borg & JAS. D. SIMONS, Y. Stock kxohange. Y. Prodaoe Rxehang^ Ko. 20 Wo. 17 listed at : Member N. Member N. Co., MMUln. Wauitos H. Brown. HiBBXBT For Sale 3 EzchanKeConrtac63 BroadwayjN.Ti stocks, Bonds and I". S Government SeoulUM Uought and on BANKERS, Bankers Jc Gommlaslon Stock Brokera BANKEBS AND BBOKEBS. No. 56 BROADWAY, Do a atrlctly CommlHidon Business In Branch OfSce. 315 Madison At., cor. 42d St., New York STOCKS, BONDS and GRAIN, Deposits received subject to check at sigbt, and With Private Wires to CHICAGO, BALTI.MORB, Interest allowed on daily balances. Ail Stocks and PHILADBLPUIA and Intermediate Points. New Beourlties dealt in at the York Stock Kxchanxe linnght and sold on Commission, for Cash or upon in ail Kxirhiiiige. FlHST-<,'l,A98 llAILKOAII FlHflT MOKTOAOI C. U. UUKSTIS. L. M. OKORGE C. WOOD. STOCK BROKERS, Interest atlowed on balances. WM. V. CABOLIJI, Co., NEW YORK. BANKERS AND BROKERS. Simons nROKTCRS, PINE STREET. No. 85 PINE STREET. 81 Transact a Ueueral liankln? liuitinesg, Forolsn Kxchanfie, Bonds, Btooks and Mlsoellaneous securities buuKht and sold on commission. Jn-ius A. Kohn, Datib ochs. Mokitz Orns, Memb.N.T. stock Bxch. Memb. N.Y. Stock Ex & Wood, Huestis New York. sold. on Commission, for cash or on marwln, New York Stock mi^ ^^ Interest allowed on dally balance*. All dep<,sltB subject to check at sight. Particular attent ion to orders by mall or talacraa. Son, Stocks and Bonds B,.uKht and S<ild on Commission Accounts received iinil Interest allowed on balances which ulay be checked for at sight. Iowa Loan 4 Trust Co. « per cent Debentures sell securities dealt In at the all BROKERS, I) No. 18 Wall Street, Sons, Sistare's 16 A 18 Broad Street, New York, 131 South Third Street, Fhilndelphia. Connected by Private Wire with main ufflca. New O. D. l.limi.IlSR. IIIKAM pnWlNO. Cr.AKK DUWINO. F.T.BONTKCOU (Member of New York Stock Exchanifo.) ©itjj. recaramc Investment Securities. BANKERS, & Co., UNITED BANK BUII,DINO, Howard Lapsley AND BROKERS, TYall Street, corner Broadnrajr. BT00K8, BONDS <t OOUitEROIAL PAPER. Stocks and Bonds bought and sold on commission at New York stock Exchange. Advance* made on bodiuH psp«r ana otiier seouritlef. BANKERS No. 11 WTALIi ST.,> York, PKITATB WIBB TO BOSTOll. _ (Uortlmei BoUdlng.) New ' THE CHRONICLE. if ©atiajtliatt anil Wxtisn Bank of Montreal. - SMITHUtS, 0. F. W. NSW TORK OFFIOB, ) Bw Kiohange, Franca and Cable Tranafen; grant Commercial and Travelers' Credits Tallable in any part of the world; issue drafts on and make collections in, Cljioago and throughout th^ and iOll Sterling LONDOIV. Office, No. 33 Abebnrcli Lane. Merchants' Bank $5,725,000 Paid Up. $1,375,000 Katl. ANDREW AliLAN, ANDEBSON, „, „ Esq ROBERT Capital, • • Eeserre, (LIMITED). President, Vice-President, GEORGE HAO0K, General Manager. i. H. PliUMMBB, Assistant General Manager BANKERS: LONDON, ENG.— The Clydesdale Bank (Limited.) NEW YORK— The Bank of New York, N.B.A. The New York Agency buys and sells Sterling ) JOHN B. HARRIS, JK., ...„,„ Agents, Loans of approved Railways, negotiates and or Registration of Stocks in London, or otherwise. Bank British Iss CIKCULAB NOTES of the parts CREDITS ISSUED LONDON & BANK SURPLUS, H. 8. - • • ....... HOWLAND, Pres't. D. R. ^1, 600,000 ^480,000 WILKIB, Cashier HEAD OFFICE, TORONTO. BRANCHES: St. Catharines, Port Coibome, St. Thomas, Ingeraoi; Welland. F'ergus, Wood8tock,Wlnnioeg, Man., Brandon, Mnn., Essex Centre, Niagara Falls and Gait, Ont. & Sterling Exchange. Dealers in American Currency Agents in London Lloyd's, Barnetfs & Bosanqnei's Bank. limited, ; «i Lombard Street. I | I v w. nf51 o» M^Jr^H, "-^^fo w.n afJS?'^' Wall Street. ™ *„a«*-i«i,j— Promptest attention paid to eol]ectionai)ayable In any part of Canada. Approved Canadian business paper dlaconnted at the Head OfSce on reaaonable terms, and proceeds remitted by draft on New York, Gzowski & Buchan, STOCK AND EXCHANGE RROKERS, TOKONTO, CANADA. Stocks and Bonds, Sterling Exchange, Drafts on York, oought and sold at CORRBNT PRICES. "»^'^''- New COLLECTIONS MADE. ESTABLISBBD Bank of 4 Australasia, (Incorporated by Royal Charter, 18S5.) Tbreadneedle St., liondon, England Paid-up Capital £1,800,000 Reserve Fund, - - - . - CIAS 770,000 Letters of Credit and Drafts Issued on any of the ntunerous branches of the bank throughout Australia and New Zealand. BlllB negotiated or sent for eoUeotlon. Telegraphic transfers made. -Ji*'!?'"" "eelved in London at Interest for fixed transfer to the colonies ESJjPi??:.'" t°^ which may be ascertained on application. on t«rm« PBIOBAUX SblbY. Beoretarj. ST. STOCKS AND GAS SECVRIT[£S, Capita fully paid up.7,20S,925 Guilders ($2,881,576-) KeserveFund fll3,092.58Ji " ($365,837-) HEAD BROAD AND 1861. OFFICE, AffltSTERDAlTI. Street Railroad Stocks and Boiid» BBAIUCHES: ASD ALL KINDS or Loudon—B. W. BLIJDENSTEIN & CO., No. 55 & t>6 Threadneedle St., E. C BROOKLYjW secvritubs Rotterdam—De DEALT WissEL-en-EFFECTENBANE. Almeloo— LEDEBOER & IN. 8KH GAS QUOTATIONS IN THIS fAPKU. Enscbede-B. W. BLIJDENSTEIN, jK. CO. Transact a general Banking and CommissiOD Business In Bills, Stocks, Shares, Coupons, <to, Geo. h. Prentiss. W. d. Prentiss. W. W. Member N.Y.Stock Bxoh. Walsh John B. McGeorge, NEW YORK CORRESPONDENTS: No. 20 BROAD STREET, Messrs. KNACTH, NACHOD & KUHNE INVESTMENT SECURITIES AND THE COMMERCIAL PAPER, MauhattanvUle & St. Nicliolas Avenue and other City Railway 42d Anglo- Californian Bank St. Securities Dealt in. (LIMITED). LONDON, Head Office, 3 Angel Court. SAN FRANCISCO Office, 422 California St. NE^V YORK Agents, J. & W. Selignjau & Co. BOSTON Con-esi)ond'ts, Massachusetts N. FOREICN. 18 SOS IIIONTAGUB ST., filROOK<LVM. J Imperial Bank of Canada. OAPITAIi (paldnp), B. W. BLIJDENfSTEIN & CO., AinSTERDAin, . HOIiltAND. Agents. H. STIKBMAN. STAIVTOIV, AND Bankvereeniging, ed in Pounds Sterling world. 003I>1EKfor use in Europe, CIAL. China, Japan and the East and West Indies. Also, in name of BK.iZII.lAN Limited, available in the Brazils. River Plate, &c. Bills collected and other banking business tranS' " D. A. McTAVISH, ( .„„„,. acted. all S. Geo. H. Prentiss & Co., No. 49 WALL ST., NEW VORK» De Twentsche Chicago. available in JOSEPH .k GRAND ISLAND SCRIPSKANSAS & NEBRASKA Bonds and Scrip. BOUGHT AND SOLD BY ST 16 STREET. Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland, also on Canada, British Columbia, San Francisco and sell Sterling Stock and Scrip. Bonds, Certiflcates and Scrip. London. North America, No. 52 TTAI-Ii Buy and Common OHIO CENTKAL (RIVER DIVISION), jr. Cable Addreas-PATT, OF and Common. COLUMBUS HOOKIKG VALLEY & TOLEDO Loans on the London Market, acts as Agent for payments of Interest on Loans, Dividends on Ohio Central First Mortgage, Preferred Railways and other Corporations, either in the tnatter of AGENOY OF THE & Toledo 1 . MpJ^ci^l %nvitst%ix^xxt$. 61 fVall Street. HENRY HAGOE. Shanghai . This Company undertakes the business of Trustee issues ITIass. Paid-up Capital *7,500,000 Reserve Fuiid 4,400,000 Reserve for KquaHzation of Dividends. 400,000 Reserve Liability of Proprietors 7,500,000 The Corporation grant Drafts, issue Letters of Credit for use of Travelers, and negotiate or collect Bills payable at Bombay, Calcutta, SinRapore, Saigon, Capital Paid Up, £971,360 Sterling. to CO., New York Manila, Hong Kontr, Foochow, Amoy, NiUKPO, Shanghai. Hankow, Vokohama, Hiogo, San Francisco and London. A, M. TOWNSEND, Aaent, 47 William St, BITII.DINGS Ex- change, Cable Transfers, Issues credits available in all parts of the world, makes collections in Canada and elsewhere, and issues drafts payable at any of the otBces of the bank In Caniida. Every description of foreign banking business undertaken, New York Agency, No. BANK LONDON, ENftlAND. HEAD OFFICE, MONTREAL. 18 TTall Street, BANKING LCORPORATION. • 4 Correspondents, BROTHERS & Hong Kong & THE No. New York and Bostox BLiAKi: 28 State Street, Boston, Railway Share Trust Co. OF CANADA. Solicit accounts and agencies of Banks, Railways, Corporations, Arms and individuals, upon favorable terms also orders for the purchase and sale of Bonds, Shores, &c., &c., on Commission on the Stock Exchange. Negotiate Railway, State and City loans. drafts. Negotitite Railway, State and City Loans. Dominion of Canat^a Iiondon Co., ; favorable terms; also orders for the puichase and sale of Bonds, Shares, &c., Ac. on the Stock Kxchange. Interest allowed on Deposits, subject to 60-days sight drafts, at Bank of England rate, and one-percent below that rate subject to demand & LOXDOIW, F»rOL,AKD. Solicit accounts and agencies of Banks, Hallways Corporations, Firms and Individuals upon 61 IFALIi STREET. WALTBB WATSON, A „ent8. & Nos. 69 Blake, Boissevain Co., 62 Gresham Honse, E. C, President. BUCHANAN, Seneral Manager. J. %mihcvs. FOREIOK. & Heinemann ¥13,000,000, Gold ¥6,000,000, Gold - 'gvixiks ixu& FOREIOSf. CANADIAIV. OAPITAI., BVRPIiUS, [TOL. XLII, Authorized Capital, Paid-up Capital, Reserve Fund, - - - - - - $6,000,000 1,500,000 400,000 Transact a general basking business. Issue Commercial credits and Billsof Exchange, available In all parts of the world. Collections and orders for Bonds, stocks, etc., executed upon the most favorable terms. FRED'KF. LOW, Managers. IGNATZ BTBINHAKT, tMnr,»,ro~ f P. N. LILIBNTHAL.'Cashler. & 787. THE NEM^ YORK Bk. ...... L. de Steiger TELEPHONE CALL " NEW," Co., BANKERS. FRANKFORTON-MAIN, C^EBMANT. Moist Letter Copying Book. (Patented November 28th. 1878.) UNIFORM COPIES. SAVES TIME. NO WATER. NO BRUSH. ALWAYS READY. E. L. 59 FARGO, Sole Manufacturer, BEEKMAN ST., NEW YORK. In the use of " This Book," the great annoyance o! water, brushes, cloths, &c., is done away with— the book is ready at ali times to copy any n umber of letters at once. I'arties using same pronounce it the very thing they want; the copies arc clear, distinct and uniform. Price* Reduced. Send for Price List'- ' AraiL THE (IHKONICLE. 1886.] 3, %mhs IJ^antLgyg &xxt of |ltcw ^avla. attfi NEW BANKS. HB.MOOkKDLIM. A.W.HIU. l,onOWlCTtJ.HII.t„ Ktildent. Vlcfl-Pre*^ Cashier. TBB Gate City National Bank ENCiLANU BANKERS. No. 4 BxclianBe Place, KooM No. Siirplns, - - \' ' guj^ 1 active and PniLADELPHIA BANKERS. WII.LIAU money alwari In aire oa a trial. Is C. Buffalo, CAPITAL, N. Y. P. A. Pres't. PHILADELPHIA. Members of the Phllnilelphln Cable Transfers, Bills of Wiley, Cashier BBOIUAKIX. BANKERS AND STOCK BROKBRS, Atleution to Collections. Kins r-CI.ASS FACILITIES, .N'ationjil Park Bank Speciiil York Corresponderit.s.— The and Seventh Wai-d Natiouul Bank. President. j > 8TATB BANK, I Incorporated 1875. { C. T. Walker, Cashier. German National Bank, LITTLE KOCK, ARKANSAS. - $300,000 business In onr line. N. Y. COKRK8PONDEXTS.— ImoDrters' A Traders National Bank and National Bank of the Republic Gapltml (Paid in) - - Prompt attention Riven to a all National Bank, WlLitllNGTON, N. OoUeetlons made on all MERCHANTS' NATIONAL BANE, RIGHinOND, VIRGINIA, I t,I I Collections made on all Southern points on best ; John F. JOHN P. BRANCH, President. Gunk. Cash. Fred. R, Scott, Vlce-Pres't BRANCH TU09IAS and RICHMOND, VIRGINIA. XEW ENGLAND BANKERS. DBALEK a Correspondence solicited and Information & Robert Garrett fnr- A Co. Sons, BANKERS, No. 7 SOUTH STREET, BALTIMORE, TRANSACT A OENBBAL DOMBSTIO AND FOREIGN BANKINO BUSINESS. Wm. & Fisher BANKERS, And Dealers See , my quotations Atlanta Sc €Iiarlotte A. L. R'jr BondOa nemplils & Cbarlestou RR. Bouds. niempbis Sc Little Itock RIt. Bonds. Carolina Cent<^l RR. Bonds. North Carolina State 6s. Birmingham ISD,, Have Western Union wires in their offices, by means of which immediate communication can be bad with all commercial points in the country. Especial attention given to purchase and sale of Virginia Consols, Ten-forties, Deferred and all Issues of the State, and to all classes of Southern State, City and Ruilway Securities. Correspondence so- Ro. 86 BOSTON. ItKWBWRH OF TUB NEW YORK BOSTON BTOCK EX0HANOB8. AJSCD A. and United State* Bonds. Co., SUPERIOR STREET, CLEVELAND, OHIO. No. 137 Transact a jzencral banking; business, and DEAL IN TOWN, COUNTY AND CITY BONDS. Hats and prices furnished on application. Write us If you wish to buy or sell. Refer, by permission, to Society for Savinus, SavinKs X Trust Co. and National Banks of Cleveland, Ohio. Wilbour, Jackson & Co., BANKERS AND BROKBRS i% WEVBOSSET S Chas. H. Potter & Co., b«r In Conunerotal Paper, anUclau Bonds and '•xobange. Privat« Telttgrapb Swan 180 I. QoTenunmt rand Secorltlef and Forel«a Wtr« to New Tork and Boston BANKRRS & Barrett, AND B BO KERB, iTIiddle Street, ponri.AND, mAiNE. alers In Got. FOR SALE— STOCKS BY P. Wintringhnm, 36 Pine County, City and R»1IStocks, *c. iios constantly on hand k : St., N. Y. NnteTelephoneCall ••2ajJohn." BANKS. Shs. 10 America. 13 Bowery. 15 Central. 10 Commercial. IShs. 60 12 60 70 15 7 IlASK.w. Manhattan. New CITYRR, ,Shs. 34 Bl. St. F. V. 1100 Cent. Crosst. * York. NInet'nth W'd 100C.P..N.A B. R. Park. lOD.D.B.B.AB. 50 Second Ave. 20 Fourth. Republic 25 Irvlni;. St. Nicholas. »0 Third Ave. 100 Atlantic Ave 100 Madison Sq. 25 Third. 'ginHUchxl. Mr. Uenry ESTABLISHED P. F. W. Smith has been added to the Pur- Committee appointed under the plan of reorganisation formulated by Messrs. Frank C. HoUlna Chairman, Calvin S. Brico and Clarence Cary, Committee on ReorBanizjition. Holders of the securities of the road Interested la settlins the property wlthout.expenslve delays are requested to at once deposit their bonds and to aflix their signatures to the agreement, which will be found at the office of the Central Trust Company and with the undersigned, constituting the Purchasing Committee. FRANK C. HOLLINS (H. B. nolllns Sc Co.) W. S.MITH (Mntual Life Ins. Co.) WILLl.VM A. KKADIVermilyeACo.) CLARKNCt! CARY (Cnry A Whltrldge.) chasing? 11 COPTHAU. COITBT, LONDON, E. C, 1st January, 1880. Keleher & Co., OLIVE STREET, ST. LOUIS, Dealers In IVestern Secarltles. SOS Defanlted Bonds of Missouri, Kansas and Illinois s Specialty. Oood Investment SeooiiUw, paying from four to eight per cent, for sale. ( wohavethisday commencedtocarryons (saBanking and Commission business at the sliOTe address, in co-partnership, under the style of eriU BLAKE, BOISSEVAIN * 1871, > WE BEG TO ACttOAINT TOV THAT SPKCIAl.TIES: TOWN. COUNTY AND CITV BONDS, LAKE SUPERIOR IRON MINING STOCKS. AND STREET RAlI-itOAJ) SECURITIES MB. H. J. DiLANOT METER firm by procuration. CO. wlU sign for 0«» STANTON BLAKB. A. A. H. B0I8SBTAIN, r. B HI.AKH. NOTICE. .p^X?S.t7TotJM^'Sb.'SflSSS^r^/SiJ George Eustis & BANKERS, <!, roiii OKirubIs Invt OLETELAND, OHIO. T R2B B T, PROVIDENCE, R. i>MU6n €0., UKNKY INVESTMENT BANKERS, Joshua WiLBOtjii, Charles h. Sheldon Jb Benjamin A.J AOKHON, Wiluah Binnet, Jr. LANCASTER & 4 IVall Street. LAKE ERIE & WESTERN RAILROAD & AI.BO, D«aler« In mnnlelpal. State, Railroad ' licited. Lamprecht Bros. Estabrook, BANKERS, BANKBRS, CONGRESS STREET, . _ BOUOHT AND SOLD 32 SOUTH STREET, BALTIinORE, C7tr, Ala., 7s. And miscellaneous Secarltles. Sons, Securities, of Trust and Telegraph Stocks and Daily indicator. In Saturday's Evening Post In GoTernmentii, Stocks Oppoeira 8bco\d St STOCKS, Stocks, Iiisuranco Stocks. Br R. Cobb & O YES, IN TEEEORAPU Bank W^ESTERN BANKERS. Brewster, IV NASSAU STREET, No. 21 SOUTHERN SBCUBITIBS alsned. Ni 7. Correspondents— McElm Brothers BANKKUS AND COMMISSION MBBCHANTS. Circulars and information on fundinK the debts of Virginia and North Carolina free of cost; oneelgbth per cent charucd for funding. Southern Railroad and State and City Bonds bought and sold. and Ms. E. HAGHFIELD, No. BH Pine Street. C AV»i:. specialty. and luveatmeut CO., A, ALBERT BALTIinORE. INVESTMENT prompt returns. terms Ists Bcloto Valley first Mortgage Bonds. Southern Securities. CITY RAILWAY STOCKS, Wilson, Colston & Co., GS^^S STOCKZS, BANKERS AND BROKERS, CO.'S STOCKS, TRUST Baltimore (Members of Stock ExchaoKc), C. parts of the United States IV ANTED s New Bonds and Scrip. Rome Watertown A OgdensburK Oswexo & Rome Ists. BAL.TI9IORE BANKERS. A. K. WAI.EIB, Cashier B. BuKBcrss, Prest. First PHILADEl.PniA. Tork. fiOUeUT AND SOLD. SOUTH THIRD STREET, No. 134 New Street, Investment Securities Elizabeth City KOBHRT M. JABHET, C, DUIillAIff, N. J. O. Fletcher, Stock Jos. M. Shoemaker & Co. The Bank of Durham, New New Tork and Fixchange uitf Letters of Credit. JOa. M. Thla bank has superior faollltles for ra lUiui oollaetlonaon all accessible points In the U; Ited States, Liberal terms extended to Canada and Uuropa. aooonnta of bankers and merchants. ComikSPOKUENTS.— New York, Netliial 8no« s Laather Bank: Union Bank of I>oni!cn. BuiCKWEix, 4 Broaa CHESTNUT STREET, No. 437 BE Y & KIRK, TO Gerlach, Kxchunues. $300,000 BUFFALO, Pay BOUGHT AND SOLD BY BANKERS AND BROKERS, Josiailikwitt, V.Ptw COlUiWBLL, ('Hshler. Pres. Bank of & Narr FKlirldiials. Kruwifit: city ;uiii 8H»UMAK8..)iw«Tr, T. PREPERRED MEMBER or BOSTON HTOCK HXOHANOB. and remitted for. InTOHtment of Idle and demand. Our rates rendonabte. W. OominON AND <, . . < Ill (.uc RAILROAD 9300,000 00 - AcroMntfl of nttnk". M*»rohftntB, CorporatlonB oicuod. In.r Ohio Central BOSTON, MASS. Vttignatcd DepotUory of the Vniled Slatet. and & Toledo Samuel G. Studley, COMMISSION STOCK BROKER, ATLANTA, GEORGIA. Oapllal jlpccial fnvtstmtnta. CINCINNATI. OHIO. Co., Ko'rB10S°BU8IN«»8 OF HIS MCBU^ 0i.-'?HH PBOVINCB OIC CP>" TH K V&ERO YCUINA EMPIRE OF RUSSELL CO., 60 WaU St., IT. r. & . : THE CHRONICLE. 1 §ivi&m&Sf Stttjeyjest, q^HE ISTEKEST AND DIVIDENDS are payable at -L on the following bonds and stocks LANIER thebanklnshouseof Messrs. WINSLOW. Streets, New & CO., corner of Nassau and Cedar 1886: York City, on and after April 1, Indiana— Atlas Engine Works, Indianapolis, Co.Railroad A^ayton C.nj;'n^it^H-X» First Cons,lidated MortBage Ts. Ks. First Ci,n8oll,1ated Mortgage First Consolida ed Mortgage Ss. CcCk)luinbus * Uocklng Valley Ilailroad First Mortgage 7s. (.0.- Dayton & Michigan Railroad Tbird Mortgage is. „ ., „ ^ „„ Grand Rapids & ndlana Railroad Co.- THE COMMITTEE FOR THE Union Pacific Railway THE REORO.\NIZATIO.\ OF TUE Co. Land Grant Bonds. Buffalo New York & Boston, April 1, 188«. of this Company, hereany by offers to purchase, on or before June SO, 1886, its Land Grant or all of the outstanding issue of at prices, llowing Seven Per Cent Bonds at the f, which the holder realizes only three per cent per The undersigned, on behalf maturity if he keeps his bonds until 104, flat, exBonds due and payable April 1, 1887, at from April I, cent at 3 per interest coupon, and annum First Mortgiige S">^?'"'%°h%^, l'^ 7s. First Mortgage Bx. Land Grant Grand Haven, Mich.— Funding 53. Indiana Sta'e— Registered Refunding due and payable Oct. 1, 1888, at 100'^, flat, excoupon, and Interest at 8 per cunt from April ., School 5s. „„ Municinal 8s, Series Ha. Pittsburg F?rt Wayn- & Chicago D. series First .Mortgage 7s, series RaUway Co.- K. m per cent Special Si'rf.^irDfvfdend Indiaua— Stocl. Stafford 'I'ownship, School 7s. APRIL After June 30, 1886, the following prices Co.— 10. Johnson County, Indiana63. Louisville & ,5. Bath County, KentuckyCompromise 78. Centre Township, Indiana- Mills Room 17, New Sew Building, li."^ PlaM, „, Plane, York. Charleston COMPANY RAILROAD CENERAE MORTGAGE PER CENT GOLD BONDS, PER CENT GOLD SIX 1916, DUE 95 83. ISIiAND KAIIiHOAD COMP'T. 32. of Directors have this day declared a nuarterly dividend of ONE Per Cent upon the capital The transfer books ?tock, payable May 1, 1886. close April 10 and re-open May 3. GRAVES, Treasurer. April 1, 1886. The Board HKNRY above price without right to advance the further notice is reserved. The A1.1.EY, DOWD & -0 FOR AND ACCRUED INTEREST, From January 1. 1886. Colfax, Indiana- 1924, Interest January and July, Principal and Interest payable in U. S. Gold Coin. A LIMITED AMOUNT FOB SALE AT Bedford. IndianaMunicipal 6!«. & Memphis Coupons Payable April and October. White County, Indiana— Gravel Road 6s. ^pj^jj^^ DIVIDKNI) NO. SKLIG.UAN, N. , ADRIAN THOMP, 62 Exchange Boom 17. New York. ,„ „ ^ A. MARCUS, Secretary, 53 Exchange T. Albany Chicago CONSOLIDATED BONDS OF ^pjuL16. LONG ISAAC New 6 School 7s. Richland Township, Indianaschool 73. Municipal A.,4» Trea.urer. Termillion County, IndlanUr— ^p^n^ , „ „ « New York, N. B. Plnladelpliia. M. FRY. Bank of CUAULKWall Street. New York. Holders are requested. In making tenders, to state which of the above-named series their bonds belong, and sliould address their offers to the hiaotlice. No. 41 Kquaable Building, at undersigned Boston or to JAMES M. HAM, Assistant Treasurer. 40 Wall Street,^ew^ork.^^^^^^^p APRIL H. 63. be and from the undersigaed. CAlMi SCIICRZ, Chairman, 52 E,xchange Place, Uo.im l7, .New Vork. CLA llENi:K 11. CliARK, SO South Third Street, SDCcltically to White County, IndianaGravel Road 65. County will depositaries UQ-i. ilat, Brad's due and payable April 1, 1f89 at ex-coupon, and interest at 3 per cent from April 1, Pittsburg Fort Wayne * Chicago Railway Stock. Qilaneriy Dividend IH per cent Kegular APRIL requests holders to deposit their securities and u. sessment at once with the Bank of New York, w. BA., 48 Wall St., New York, or with the Fid.-iity lasuranee Trust & Safe Deposit Co., in Ph ladclphla. Plans of reorganization are obtainalile from tbe exC^lTdiV^r^'d *ya£J^Xpril 1, ias7, at 103, flixt18-6. April 1, c UD n, and interest at 3 per o-nt from exBonds due and payable Oct 1, 188». at iOS>», flat, coupon, and interest at 3 per cent from April 1, 2. Hamilton County, Indiana— Gravel Koad 6s. ^-^^^^ ^ Gravel Road Philadelphia RAILROAD COMPANX BOTd.^'dueand payable April 1, 1,'-S9, at 111-40 tlat ex-coupon, and interest at 3 per cent from April 1, . <s, : bS . 3}is. Indianapolis, Indiana- Second Mortgage ^itt^ncial. ^ittancial. Sec. n [Vol, X' SA'.E BY CHAS. M. WHITNEY & 21 NASSAU STREET. CO., FIELD, BROADWAY. JAMESON, S:»IITH & COTTIXG, Galveston Harrisburg BROAD STREET. & 83 'ginnnciixX. East Tennessee Virginia & Georgia RR. Co. is herebt given that Notice: Central Trust Company of New \ ork will re- the ceive the INCO.MK liONDS of the East Tennessee Virginia & Georgia Railroad Company, and issue its temporHry re(:olpts therefor, on and after liKlUAY, ENTRANCE Chairman 3t Committee, Real Estate Debentures 6 Per Cent Interest. 10 Years' Time. A first -class security, made on correct principles by some of the best mortgnge companies in the counPamphlet Price, par and accrued Interest. try. JOHN ROCKWELL, sent on application. 20 Nassau Street, New York. E. S. Bailey, PINB STREET, No. 11 IN B O IV I> DEAlilN'OS IN INSURANCE STOCKS A SPECIALTY. Gash paid at once for the above securities ; or they will be sold CD commission at seller's option. H. L. Grant, Ho. 146 BROADIVAir, 1,.^ , . NEWCOMBE & B. I. NO. 6 BROAD Fifth Trust Company, madison Square, (INCORPORATED 45 miLK ST., BOSTON. CAPITAL, SURPLUS, By the 1879.) $500,000 125,000 • HOTEL, and Uelightf Ul I-'^|,tig°^cOCK, TRUST DEPARTMENT, for the acceptance of trusts created by Will or other wise, and the care and management of property ana estates. , DIRECTORS. WILLIAM WCRAFO, WILLIAM CLAFUN, JOHN GOLUTUW^ Jj CHAKLES MARSH, A COLL.N8, WILLIAM A. HASKELL, PATRICK OltAlIAM, JOHN M. JOHN C. PAIGE, WILLIAM T. PARKER, THO.MAS F. TISMPLB. WARRBN B. POTTER. JOHN M. GRAHAM, HENRT L. JETTE TT, Pres't. Sec'y. , & DARLING & G. B. JOaS Q. MOORB. W. K. KITCHEN. & Moore provisions of the charter, stockholders are amount equal to capital stooa. Legal Depository for Corporations, Administrators Executors, Trustees, Guardians, and Courts ot l..aw INTEREST ALLOWED ON DEPOSITS, subject lo check, or payable at specifled dates. Trustees under llortgagea of Railroad and other Corporations, and KIscal Agents for the payment ul Bonds, foup<jns. Dividends, Ac. NEW YORK. The Largest Best Appointed and Most Liberally Managed Hotel in the City, with the Most Central CO. SCKUT Schley, BANKERS AND BROKERS, liable for an additional Transact a General Banking Business CO., .STREET. Avenue International KKW YORK. Co., CITt BAILBOAD STOCKS & BONDS R. T. Wilson BOUOBT AND SOLD. BAKKEES AND COMMISSION MERCHANTS % ExcUanse Court, New York. Bm QaoUttona of City BaUroadg In thli paper. . DUE 1905. A LIMITED AMOUNT FOB SALE BY g>. PINE STREET, 6>3 SECOND MORTGAGE 7 PER CENT GOLD BONDS, BROKERS AND DEAI.ER8 1888, The assessment of fSO per bond will not be payable until the committee is read v to deliver the sectirthe Itles of the new company on the completion of F. P. OLCOTT, reorganization. San Antonio Railway, Flagg, Buncan Building, Cor. Nassau & Pine Sts, The option to deposit the Consolidated 5 Per Cent Bonds of the Bast Tennessee Virginia & Georgia Railroad Company expired on March IS. Of the entire issue of $14,671,000, bonds to the amount of tl4,074,00O have been deposited. THE20TH KKUltUAKY, & Reed NEW VOKK, BROAD STREET, Connected with 26 BllANCQ OFFICES ?JwKllSt 14 So 3d 141W t St N Y. St., I-hiik. , Wash-3. I. A.EVAN8S.0O., Boston. E. L. BUKWSTEK&CO., Chi^O HfBBABU& K.vUMEK,llarUil Private Wire Connections. and Miscellaneous 8e^ Buy and sell Stocks, Bonds Excliange-s. also Urain ana ourtlies on New York Board of Trade^ Chicago on ""provisions & Spencer Trask Bankers, Nos, 16 AND 18 Co., Begad Stekkt, Iransact a General Banking Busintsi Branch Offices: iJonnecUd by PrivaU Wiret. Philadelphia, 133 South Third Slreefc Albany, N. Y., 65 State Street. Providence, R. I., 13 Westminster SUP Saratoga N. Y., Grand Union Hotd. , : : . . finmhi HUNT'S MERCHANTS' MAGAZINE, aEPRESENTINa THE I>rDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNTTBa) STATUai SATURDAY, APRIL VOL. 42 CONTENTS. On the Boston Stock 190,548 shares THE OHRONirLE. NO. 1,084 1886. 3, and Exchange the week's operations reached and .$3,332,920 bonds, against 31,020 shares 407 Clearing-Honac Returns The Plmwctftl flit nation 40d Ki'jitiirnR iif tliu Union PacKlo The DebiStatement for March, $1,903,005 bonds last year. 1880 416 Importa and Exports for FebWttk EnMnt Xarch 27. ruary and for tlie Two and 410 R<'l>ort Twelve Moutlia Kudnif? with The Advance in Tnink-Line 1888. 1885. Per Cent. February in 1886 and la^S. 416 Rates — Its Progrcus and Efffcta 412 Monetary and Commercial 1633,711,343 (437,109,556 New York f66'4 EnKliab News Cotton Consumption und Over417 SolM o/— land MoviMucnt lo April I... 413 Commercial and Hiscellaneoua (2,887,764) (1,7*8,980) f-(-48-7) (St<>c;it<....«)karw.} Financial Kevlcw of IVlarcli... 414 News 418 (+83-6) (490,400; Unlt<d (Cotton Treasuiy State- 8iatcii ment (267,300) balei.) New York, N. Y., as second class maU matter. Post Ollioe, tlie puliU.shris c;iiinot bo responsible tor remittances unless or Post Ollicc Money Ordi-rs. A ueat tllf cover made by (86,342,000) (52,488.000) (-30-8) (34,845,000 -(•89-1 (*5.328.:)26 -rS8-0 -I-25-1 4,025.800 +10-6 -1-159 1.8(J«.85.. +25-8 -1-10-4 1,088,618 +01 -l-Sl-6 861.625 799,875 + 18-4 726,1110 -6-B +21-8 +8-7 -^545 430,8.;2 +10 +370 (84,815,953 +30-1 +SICO +4-8 i'ortlaud 7->9.ooa Worcester 730,627 708,085 425,988 (62,880,628 2,994,500 1,247,066 793,015 704,932 562.155 698,110 275,775 182.005,853 169,858.211 153,707,403 6,993,178 -(-25-3 (69.186,727 +7-5 -9-2 «,7Sl,7ti6 lfl,7J9,7«3 (42,872,783 6,502,255 11,863,585 t71, 480,359 (61,228,623 -1-16-7 142,203.002 8.072,700 8,319,112 2,779,873 (33,771.613 7,266,230 2,792, 404 2,03 i, 199 1.022,151 1,080,540 1,423.256 +18-9 +86-8 -0-8 +27-6 8,083.487 173,30.3.999 furnished at 50 cents; postage on the Volumes bound for subscribers at $1 00. cents. is . 3,748,500 l,414,9a8 . 677,814 Lowell Total N. England Philadelphia.... Pittsburg Baltimore . Total Diddle.. Chicago Dratts ClDClnnatt Milwaukee same is 18 Detroit Office* in Englaud. iDdlanapoHs CoMMEKOiAL and Fina.nciai, CnRONtOLE in London Cleveland la wltli McJssrs. Edwakds Smith, 1 Drapers' Gardens, E. C. where subcriptioiis and ailvertiscmonts will be taken at the regular rates, and Columbus TUeollicc of the .... 1,816.862 <fe inrle copies of the paper supplied at Is. each. xbeotliceof the Chronicle in Liverpool is at B15, wniiAM WII.I.JA.M R K. niNi IJVNA. > WH.E,IA.n B. DAiy.4 4: toax ^ Q. KLuri>. ^g ^ gj Exchange Buildings Co., Publlsliera- ,,r|i|,a,„ street, Post Office; Bo-x NEW YORK. 958. CLEARING HOUSE RETURNS. character, a March 20 of |20,613,287. falling off from the While at some points there is 1,778,367 6*1,721 1,191,740 745,838 Omaha...Denver* 2,413,176 8,313.135 2,174,548 -16-2 +11-0 (64,031.763 (52,428,196 (13.050,486 730.267 (13,879,517 699,790 8,788,946 St. LoDls St. Joseph 8,072,852 Orleans period of last year the exhibit is exceedingly satisfactory, there being an excess in the aggregate of 45'4 per cent, in which all but five cities participate, New York, Lowell, Boston, Columbus and Detroit leading in percentage of increase, while the only important decline has been at Peoria. As showing the relation the present year's figures bear to those for previous years, we have prepared the following We$k Mar. m. New Yoric Otliers 1888. 1883. 1884. 1883. t»t2.T26,3gi $848.36!t.l45 683,711,843 437,169,555 »(M»,42B,174 elO,83i,70S tS29,835,797 (250.015,091 rai.193,500 $239,093,409 »2aO,787.S5a +8»S 878,14 -10-5 +71-3 (64.t'69,988 —4-8 (12,551,869 +17< -81 (31.999.643 +7-7 (8,843,482 +2r3 (10,483.338 +1B-9 (64H.383,145 +45-4 (»22,J^I3.I07 +41-» (811.193.590 +22-6 (^9,9t<6'.U21 +2!i'a 723,28: 7,061.070 4,187.678 4,677.746 1.047,804 +9-7 +1»» +i-a -M4-« -Hiro 1,361,707 and New Orleans last year embrace only Good Friday having fallen in the week. Five Dav BiuUng ApHl 2. S D'vs Bnd't Ifor. M 598,867,»8>l 1886. New York Saia of stock New arising through operations other than (375,593.574 (1.580.000) (638.677) 84.047.960 43.75 1.600 8.963.388 46,480,005 81,048,964 (skt.) , ToMlall I -M17 (+186 8) +89-7 HO-0 N»w York 1880. +52-4 (8,SM,S0 4 (-f«7 7) ei,I49.30-i +38-« +SS-8 -7-7 +»;•« -8-3 +1S-4 45,459.00:< +7^ 0351.1885,470.(XXl 6.781,668 +20^e 0,808,937 (70«,475.836 48.268.880 (518,383,43. 40,640.443 -hsia +18-8 1731.782.191 (752.742.217 663.003374 +36-1 f PerOtKt (68a,7«iy8»4 +10-4 -0-1 +242 (IT7.4IU.S00 220 379.4211 jfiaumaied on tue uaalsof tun ituA weeUj retonu. Owtntrtw * Percent. 8.207,90» 84,880,180 11,600.800 4.793,700 38,I29,"00 10.648.60S Orleans... Total. ...„ Balanoe. Conairr* 1885. (S82,382.78S Boston. New York Stock Exchange share transactions record a further increase during the week, and cover a market value of «1T3,053,0(I0, against $105,403,000 for the week of 1885. The stock exhibit a gain of 49-1 per cent. 1,681,889 l,044.7»t delphia, Baltimore four days. parison with 1883 discloses a gain of 13-6 per cent. Further- Pblladelphla.. Baitlnora more, it will be noticed that in each instance the cities outside Chleaco of New York exhibit a fair excess. St. Loots New York 8,048.111 -2-2 +38-4 -8-6 +18-1 8,893,664 For the five days ending with this (Friday) evening, the exchanges, as received by telegraph, record a decline from the previous five days in the total of |34,373,427. In comparison with the corresponding period of 1885 there is an increase ia the whole country of 36'1 per cent, while outside of New York the gain reaches 24'2 per cent. The figures for Boston, Phila- The above statement shows that, contrasted with 1884, there is an increase in the whole country of 11 per cent, while com- exchanges at + 1»'0 2,960.72.1 +5-4 is in — +18-0 »,088.;60 +22-1 1,178,665 most instances slight, and generally the result of local inten Francisco (10,497,231 fluences as, for example, the strike on the Missouri Pacific ToUIall (942,726.394 system, which has effected to some extent all the cities in the OaUlde New York (269,016,031 Southern c'ivision. In comparison with the corresponding * Not Included in total. (41.550.637 (29,430,049 3.471,132 3,218,384 (31,019,845 -10^ +260 1,504,250 3,832,658 4,038,234 1,495.848 Tots] Sonthem.. 11,837.832 (77,896,286 +4-4 +19-3 +4-7 +26-5 -8-2 Kansas Clt7 a Qalveston* (-H-1) <-361) 3,958,508 LoniBvllIe Memphis figures of the previous weelr, the decline +250 +Ul Peoria New in the total record a gain over the returns for -W7 +-49-2 Total Western.. For the week under review the exchanges are of a favorable (+««-4) (854,600 '+ias-n IPetroimm-bbU.) SprliKfleld Terms of Snbscription— Payable in Advance For One Ye ir (Includlnj; jiostage) $10 20 ForSix Monttia do 6 10 European Subscription tincliltliu*? postage) 11 28 Annual aiibscriptiou in London (iucliidlni; postage^ £2 7u, do Six Mos. do do «l8s. Tlieso prices iuelude the Investors' Supplement, issued once in two Boutlis, and furnislied without extra charge to subscribers of the Chroniclk. SubiioripMons will bo continued until definitely ordered stopped. The (2,400,138; (28,875,000, Uutford New Haven ] fsri (-88) Boston Entered at PfOMU (39,472,000) ProTldenoe... ( (663,148,0)« Mar. M'. (30,1123.01)0) . publisTied in EnMni 1888. (.Orain. .tnuheU) 416 Thb Commercial and Financiai, Chroxicle is New York every Saturday morning. fVcek 10,i-83,4«) +4T« _t6J + 414 vaiMttjUfH riir? . THE CHRONICLE. 408 [Vol. XUI. and breadslulls have been more freely offered while a is that bills which were originally bought past for investment through fear that our currency would the money in change material no been has There silver payments on the week. As far as represented by bankers' balances the ex- be deranged by forced treme rates have been 1^ and 5 per cent very little, part of the Government, are now being marketed, however, has been put out at either extreme, the average and there is no disposition shown to renew purbeing about 3 per cent. In commercial paper the conditions chases of sterling for the same purpose. If it were our city banks are practically out not for this latter fact and the uncertainty as to are as last reported on the supply of bills that source may afford, the present of the market, but Eastern institutions having money decline in exchange could hardly be more than tempo choicest in the investing it by employing deposit here are rary. This is plainly evident from an examination of the been have bank at Call loans ofiered. paper class of current foreign trade movement, interpreted in the light made at 3 per cent and a few at a little better rates. Last Saturday's return of our Clearing House banks of past facts. The Bureau of Statistics has this week ; THE FINANCIAL SITUATION. noticeable fact ; ; reflected a liquidation of loans, caused in good part by the issued through the movement of gold to Europe and of currency and specie to the West, added to the small gain in the Treasury holdings. These movements resulted in a loss of about 1 1 millions in deposits and of declining reserves, $7,408,800 in cash, bringing the surplus reserves down to $12,797,150, almost the wnole of which is now carried by four banks, the others being either below or not far from the limit of 25 per cent. Yet notwithstanding these changes and conditions the outlook at the moment is, an easier mar- money in ket for the near future it appears month on the merchandise movement a balance against us of $4,719,000, there being only one other February since 1879 (in 1882 when the adverse balance was $2,220,000), when the month's trade statement was not favorable. Below we give the record for the first two months for eight years. FOBBION TRADE MOVEMENT OF THE CNITED STATES— (OOOs omittel). MKBCHANDI8E. Gold. Excess Ttar. Exports, Imports- of gold skipments are not if by which statement for February, Its that there was that Ex- Imports. Export). ports. SILTBR. Exctts IBXMM -„ Ex- of ports. Imports. pol.l"'-'ports. j This prospect renewed. disbursements of Thursday the for the check as the week to a outflow of currency to the west, and to the closes in the large due is first of the April, the quarterly interest day. being $7,377,508 latter per cents and on the four $10,000,000 for the third bond matured on that with Treasury beginning call Should of this year, which there be any return i8r9. in the week, but exhibit the be made up on rising will averages. Discounts of now quoted 60-day to 3 months bills in London are 1^ per cent, the unsettled political and financial situation there serving to keep business and speculation at almost at a standstill. foreign politics are causing no little Both domestic and embarrassment. The long negotiations and disputes with regard to a ment settle- 55.208 11,789 59,957| » » 2.210 1,888 598 322 512 561 +49 3,20l| 3,201 920 795 486 226 150 589 815 1,192 55,M8^ 4,309 1,120| 789 1,085 408 35 Total... l!i6,9M 110,856 16,098 1,280 376 884 2,312 1,874 438 SO 951 968 428 770 1,907 1,196 59,409 64,829 Total... 124,238 1880. 1,318' of the difierences in southwestern 1 Jan Feb 1881. to and divide 45,285 28,794 4»,780 19,974 4,740 679 271 4,710 308 1,377] 1,728: Total... 141,813 93,04548,788 5,319 301 5,018' 3,103 .. 1882. ; we cannot time being, after the first shock was passed, see that the net result of a European war to our would be harmful; certainly the demand for our ; ; 1 1 1,134 489 102 7,«31 *6,762 1.552! 534 631 1,848 921 5.745 1,803 7,333 +3,730 3,734: 1,165 2,569 56,97]'33,409 56,30l|lO,554 1,310 291 34 746 1.276' Total... 147,235 1 1 3,272, 33,983 1,601 6.636 Tot«l... 135,237,109.022 26,215 Total 64,021 56,807 56,9511 121,528 115,783 .. 7,965 58,827 *2,220 1,032' 2,182 1883. 80,880 66,855 Jan Feb 2,518 895 +455: 1,424; 988! 1,623 438 780 821 3,942 l,88lj 2,061 525 422 154 3,411 371 +2,989 2,314 2,849 1,163 878 1,151 1.473 947 3,565 +2,018 4,883 2,039 2,624 1,446 1,838 629 252 2,229 2,507 1,004 3,082 881 4,738 2,097; 2,039 j 1884. Jan Feb 73,990' 54,31^19,679 61,247 54.711: 1889. 1 80.633 53,940 42,221 38,312 42,028 11,912 2,075 ToUl... 134,473 84.249 50,224 3,903 Jan Feb l,093i 1 1,138 1,503 1886. 57,9S3 51,961 Jan Fob * 47,409 10,574 56.883 4,710 109,947 104.092 3,R55i 1,701 086 2,582 5.654 +870 +4,688 2,907 1.992 1,023 1,147 1,884 2.692 8.236 +5,514 4.89U 2,170 2,729 Excess of imports. t 845 Excess of exports. other circumstances beiag such as ordinarily prevail. This brings up the question as to the supply and effect of bills which may come on the market from those who origin ally bought for investment. On that point all - that can is that for the four months ending with the February the merchandise balance (including products other than cotton could not fail to be increased. silver as merchandise) was $72,774,703, so that after The tendency of the foreigo exchange market has deducting the net import of gold in the same four months been slightly downward all the week, although some of considerable (8J millions) there would appear to be a the bankers advanced their posted rates on Tuesday fund to draw from if the holders are so disposed. but there seemed to be very little justification for the We only have in these recurring peculiarities of the movement and the rates were reduced on the following foreign exchange market constant suggestion of the disday. A better supply of bills from various sources is the turbance in the mon )y currents the issue of silver dollars present report. Bankers have been drawing against has caused. Whil our exports continuad large and the arbitrage transactions commercial drafts against cotton balance in our fav large, foreign exchange (instead of industries 1 1 Of course the trade of February is no longer an influnew and very exciting election appearing to be almost a ence on the exchange market, but there seems no reason necessity now. Of course England's trade cannot prosper for supposing that it does not foreshadow the condition under such circumstances. These conditions also may during subsequent months. That being the case, more together have considerable influence upon our affairs, for gold would necessarily go out during April and May, yet for the < { i disturb her so greatly during the next few months, a the industrial depression in Great Britain has already been a serious injury to our cotton trade, while war in Europe would introduce wider uncertainties still and 1 ) 74,079 67,734 Total... domestic questions which threaten I 1 j Europe have given afEairs a somewhat warlike appearance within a few days, But of more intimate concern to Great Britain are her own 66,997! t 82 Jan Feb apparent in this week's bank exhibit, as they began so late 68,88955,349 t +71 development of business activity in the sections to which The Government disbursements will not be it has gone. has lately 33,515 25.894 35,374 29,435 $ 275 137 i 348 115 Jan Feb Jan Feb. the currency which $ 1 1,911 been sent to the interior, of course that would tend in the same direction; but in that matter very much depends upon the flow of * be first said of . . April 8, THE CHRONKJLE. ] 409 up just about weak and isolated but let the enforcement of that idea reflecting tbftt finally point, and in January exporting gold be attempted where the public can bring its influence to the specie while now that these conditions are bear, and it has no chance of succesa and ought not to harebegan to go out reversed and the trade balance is running decidedly against It ia not only a mean weapon, but it is, aa we have said, only us, foreign exchange drops below the export figure. The available against the weakest employers, thoae whom of secret lies wholly in the Government operations and its all others it ia the interest of labor to encourage and prochanged position. So long as any fear remained about tect, for it is through this class alone that all employeea the ability of the Treasury to hold on in the course it had who would be employers must reach the higher and begun, e.xchange for investment was in demand, and that stronger position. demand has lessoned as the fear has lessened. Now A matter that is for the moment exercising an onset, that several bond payments have been made, and still the tling effect, is the lack of harmony among our Western condition by ruling low) kept ; ; flow of the diilerent kinds undisturbed and in of currency into the Treasury managers, more particularly those having lines railroad Omaha and Chicago and St. Paul' beginning to report a Minor differences have occurred from time to time giving marketing of the bills which cover these old investments- evidence of a good deal of friction, but they have usually The Treasury statements issued with the first of April are been adjusted before any serious harm had been done. It seems Last week the dissolution of the Northwestern Traffic the most satisfactory exhibits we have yet had. is the gold balance held there fact increasing, bankers as we see i^ between Chicago and are that the net gold on hand has increased about 7 millions Association, to take effect April 1, because of the inability during March and on April 1 reached 151^ million dollars, of the roads to reach an agreement on a certain point in against 136 million dollars on the first of February when dispute, was announced and was hardly to be regarded as We bring for the first bond call of this year matured. ward our usual table which affords the explanation for these results, or we might say marks the road by which they have been reached. MONTIILT KEOEtPTS OP CUSTOMS DUTIES AT NEW YORK. PAYMEST8 MADE IN— lees-se. ffoW. j V. S. XoUt. Oold Oertlflcates saver Certifc'a. Amount. P. a.; i mount. P. ct! AmounU P. Ct Amoitnt. P. a. « 1889. t 1 9 * Januarr...' 119.000 1-2 S.l!56,000 81-6 2,739,000 26-6 4.179,000 40-6 February.. 84.000 0-8 3.6b7,000 85-4 8,201,000 31-5 3,378,0001 32-3 March 77.000 0'7 8,821,000 25-0 4,488,000 3.888,000 84-5 Aprtl 90.000 60.000 0-9 1,048,000 19-5 3,813,000 39-8 38-3 4,120,000 41-3 0-7 1,780,000 18-8 4,087,000 42-9 3,665,000 3;-6 Jane 8e,Cll0 0-7 3.211.000| 33-3 8,138,000 82-5 3,210,000 333 July 93,000 0-8 5.508.000 46-6 8,790,000 23-8 86.000 81,000 0-6 4.848.000 38-2 28-8 6,017,000' 47-4 1,716,000 130 0-7 3.139,000 25-8 1,190.000 9-8 86.000 80.600 71,000 0-8 8.T4 70-8 1,216,000 11-3 .Wl 600 1,173,000 135 1,337,000 13-5 May AMOst .... September. October. . November. December.. , O'S 0-7 i 1 1 3,408,000 1 7,718,000 1.811.C00 18-8 2.478,000 28-5 7.623.000 4.968.000 2,468,0001 24-9 6.025,000 i January February . March 65.B00 49.000 71,S0O 0-6 0-4 on 3,301,000 311 3,821,000 03-5 1,614.000 14-8 5,537,000 47-4 3.063.000 48-4 1.027,000 8-8 7.261,000 38-4 3,i>78,000 31-5 1,161000 0-2 [ ' was supposed that this would Indeed, a meeting of managers was held to avoid such a result, and it was thought a week at least that object bad been that for attained, when suddenly on Thursday came the news that rates of freight' were down to 10 cents per 100 lbs. between Chicago and St. Paul and points beyond in Montana and Idaho on first, second and third-class business, and to 8 cents on fourth and fifth class, said to be a reduction of from 7 to 50 cents, depending upon the class. This is certainly a bold and decisive move and looks as if it had been made with the idea of bringing patters to an issue at once, and avoid a long period of disturbance. Of course, the trouble grows out of the multiplication of roads in that section of the country, and the consequent The labor troubles so general throughout the country have in some important districts assumed somewhat quieter and more settled conditions during the week On the Southwestern system of railroads the strike wa^ supposed to have been wholly closed on Thursday, but now there seems to be a hitch in the settlement, and the employees refuse as yet to go to work again, not being guided by the wiser counsels of the superior officers of it not result in a break in rates. easy so the point of not be will It adjustment, of experience Another new competition. of increase be 1 1S80. But a favorable sign. and Eastern our entirely lost may yet therefore we not think that managers on that on Western men. illustration of the effects of the multiplication of lines, as we have once before stated, is seen in the present Trans-Continental conflict, and here rates have got which makes the reports that an early imminent seem exceedingly probable. We do not see how the roads could go further in their efforts to secure passengers, except by offering to pay them for the down to a figure settlement is The manprivilege of being conveyed over their lines. were connected. As agers of the different companies appear to be heartily siek we explained last week, the strike was obviously an error of the fight, and it is understood that concessions by all the men having no grievance for a basis to prolong it or interests have been made in the interest of peace. At any to extend it, as some of the hot-headed leaders still pro. rate, Mr. Huntington is reported as talking very conthe organization with which they ; mere evidence of desperation sure to end quickly fidently of the prospects of an adjustment of the dispute, most embarrassing retreat. Mr. Powderly, and late accounts have it that the whole thing is as good " Grand Master Workman," was wise enough to see as fixed up. this, so he opened the way gracefully to retire, In the matter of the coal problem rather unfavorable but because the men who have been injuring the rumors have been current, but we do not attach any great property of the railroad will not be taken back the others importance to them. Occasional hitches may occur, and refuse to go to work. They will have to yield in the end, the percentages to be allotted to each interest may bo however, for such a movement can have no result but loss more diflficult to fix than at first supposed, but at the and failure. On the other band, at Uohoes, where 8.000 worst this can only temporarily defer the object sought. men left their work for a specific object, it is now reported Mr. Gowen appears to have dropped out of view as a that they attained what they sought and the factories facte r of consequence in the coal situation at least he pose, is in a — up on Thursday, having granted a 12 per cent has in the making of the combination, and the parties advance in the wages of the operatives. In most other interested are laying their plans without regard to him. sections there is but little change in the situation. Yet We may rest assured that in this industry determined efforts these instances ought to serve to illustrate what can and to give effect to the principle of a fair remuneration on capiwhat cannot be done. On a small scale, " a boycott," as it tal will be made. These rumors have however had some instarted is called (the principle roads), can succeed, at issue on the (Jould system of simply because the party attacked is market during the week. that the market responds much more readily fluence in the stock Still it is to true good news THE CHRONICLE. 410 Thursday of than to bad news, and the announcement on and the Southwest the in strike the of up the breaking [Vol. XLII. FEATURES OF THE UNION PACIFIQ REPORTIn difficulty, prospect of a settlement of the Trans- Continental than influences had comparatively more effect as favoring 1885 accounts, as published its this week, the Union makes a better showing than the public had been from the monthly returns issued during the Pacific led to expect Northwest and the precipitation of a war of rates in the Tlie report is merely a preliminary progress of the year. in the coal hitch a the rumors mentioned with regard to statement to be supplemented in about a month by a strong arrangements. Union Pacific has been one of the complete and voluminous account of the year's operations page) another on (reviewed specialties, the annual report but the leading facts and figures for the year are so making a notably good exhibit, and the monthly returns well summarized that it really affords as much informaPeoria Decatur & for February also being favorable. tion as most companies furnish in their full reports, and on the Evansville stock and incomes have moved upward as much as the Union Pacific itself was accustomed to announcement of closer relations with the Evansville & give its shareholders, till the succession of the new been Terra Haute. But in a word, the whole market has moreover, are accounts, very The management. of periods occasional There have been 'i^ther firm. clearly stated, and are reinforced by comments and otherwise weakness, as happened yesterday afternoon, but explanations that add materially to the value of the maintained. prices have been pretty well statement. The following statement, prepared from returns colAs is known, there was a great increase of expenses of lected by U8, shows the week's receipts and shipments during the year, and there has been much curiosity to gold and currency by the New York banks. know how the increase was brought about. Looking at — — Wtek eiidiiio April Set Inltrlor Movement, Beceived by 2, 1886. n. r. Cmxenoy. Gold Biiiiiis. t682,0O0 «. 475,000 Losa.. ;793.000 |«82.000 tl,475.000 Loss »793.000 the report entirely Total KOld apd legal tendera.. . we find an explanation on the very in the fact that the increase on the auxiliary first page seen to have been almost is lines. Further on, a detaOed statement of the expenses of each branch and division The above shows the actual changes m the bank holdings of gold and currency caused by this movement to and from the interior. In addition to that movement the banks fol- showing that the increase on these auxiliary lines occurred almost exclusively on two of them -the Oregon Short Line and the Utah & Northern, due in the one case have gained $3,000,000 through the operations of the Sub- to the opening of a through connection with the Oregon Adding this item to the above, we have the Navigation, necessitating increased train service, and in Treasury. following, which should indicate the total gain to the New the other case to the fact that the condition of the Utah York Clearing House banks of gold and currency for the & Northern road and rolling stock had in previous week covered by the bank statement to be issued to-day. years been allowed to deteriorate. As to tlie gross earnings, As the statement, however, is made up on average?, and it is shown that the increase reported is the net result of a the gain by the Treasury is based on the payments of the small loss on the Union Pacific proper and a somewhat last two days (for interest and called bonds), it is lows, not likely larger gain on the auxiliary lines; the total gain that the exhibit will be as favorable as here shown. Week tndint Afrit 2, Into Banla. 1886. Banks' Interior Movement, aa above I682.000 » 1,475.000 6.000,000 Total gold and legal tenders.... llO,8Si,000 The Bank of England bullion. This Loss.. reports a loss this 1793,000 which caused a considerable Gain.. 3,000,000 ^"oTsioOo" OalD week of to the interior. The Bank loss to the Kansas Pacific, Rock Springs with regard to and the labor that an explanations kind of are just the These £85,536 coal. troubles at (2.207,00b iavestor in the property needs. represents £72,000 received from abroad and £157,536 sent would have been greater, we are told, except for the constant decrease in rates, the diminution in the receipts from through business, the failure of the winter wheat crop in Kansas, OutofBanla. Net Change in Bank Holdings . 9,600,000 — of An France interesting statement is also given of the relative from local business, gained 14,410,000 francs gold and 3,585,000 francs silver amount of earnings from through and which it appears that local business actually according to The following indicates the amount of bullion in the during the year, while through busiprincipal European banks this week and at the correspond- increased $2,222,456 ing date ness (including Pacific Coast business) last year. April Bold. 1, April 1886. eoid. Silver. 2, ISi-S. Silver. I Bank of England ..... Bank ot France Bank of Qermany. ... 22,451.463 25,662,90 i 51,217,026 44.268,059 40,298.6S0 42,469,078 18 695,829 16,579,321 12.431,250 15,193.750 Total tbls week Xotal previous week 92,364,323 60,847.380 78,392,836 57,662.828 91,873,465 60.703,973 7^,932,430 57.774,160 , . $1,803,830. total of Wi'h * fell off $23,119,622 of freight and passenger earnings for the year, no less than $17,661,221 was derived from local and only $5,458,401 from through business. Of a the fierce business, it is war now not at all in progress on transcontinental improbable that the earnings frop through business the present year will show a further decrease, but in any event it is gratifying to note that the the business which must afford the greatest local business — — $210,235 through the Sub-Treas- margin of profit to the company is steadily increasing, ilry for domestic bullion during the week, and the Assist Mr. Adams makes the pertinent remark that while the ant Treasurer received the following from the Custom decrease in the through business must soon stop, there is House. no apparent reason why the increase in the local business The Assay Office paid - Oontitting Dale. Dutia. dold. Mar.26. " " " 27. 29. 30. 8342,286 372,700 450,371 565,910 366,089 367,273 91 89 10 05 24 $2,000 2,000 500 2,000 8,030 4,500 of— U.S. Oold Kotei. Oerti/W$. $223,000 150,000 251,000 289,000 160,000 $34,000 200.000 135,000 204,000 191,000 115,000 As should not go on indefinitely. Silver Oer- regards rates, we proper the average is notice that on the Union Hflcatet. mile, which is only per 1-49 ton per cents now down to $34,000 than the St. Paul more a cent hundredths of twenty-one 20,000 60,000 71.000 33,000 41,000 Pacific reahzed in the same year. In 1881 the rate was 1-98 showing a decline of 25 per cent in four years. On April 1. 43 202,00. the auxiliary lines of course, running as they do, many, of Total *f ,494,661 62 $19,030 tl,275.000 $932,000 $264 009 them, through sparsely settled and comparatively undeIncluded in the above payments were 17,000 in silver veloped regions, the rate is much higher, but on these t,l^o coin, chiefly standard dollars. decline has been even more pronounced, the average rata , " 31. cents, [ — April 8, l-fflB. THE CHIIONICLE. i per ton per milo being 'l-">0 cents in 1885, agaiust as niucli as 5 "0 cents iu 1881. With . reference to the financial results for the year, we have already said that they are l)elter than expected this fur the reason that under the large decrease of a million dollars in net earnings, it was supposed there would be a corresponding decrease year's operations, whereas now it in the surplus is on the found that the same is only trifling. The explanation is, that the income from investments outside of the system decrease in the 411 $1,861,445; a year before on the 30th of June, 1884, it it bad Ijeen $4,154,401, aod waa at much as $7,816,882. months of the new Tiiua in the 18 been reduced nearly six million directi jn the debt In dollars. the bM same interval the funded indebtedoesa of the system (whole system not Union Pacific proper alone) was reduced from $14S,546,460 to $146,936,408, or $1,610,052, so that in this period of a year and a half these two species — were diminished over 7^ million dollars. the__full measure of the improve- of indebtedness And this does not show 1884 to $1,382,811 in 1885, the decrease in net increased fro.n $406,416 in ment, for in the same period 100 miles of road were added to the system. The effect of this reduction of debt earnings, so that the surplus for 1885 is $2,551,191 and of certain financial readjustments is shown in a table The latter figure has been in the report before us, according to which it appears that against $'.',679,264 for 1884. changed somewhat from that reported a year ago, the while on June 30, 1884, the annual interest on funded amount derived from Kansas Pacific land sales having and floating debt was $6,709,473, on December 31, 1885, Wen taken out, in order to make the basis of comparison it was only $6,289,177, or $420,296 less. the same in the two years. These land sales, under Mr. In speaking about the company's affairs, one other point Adams' management, it will be remembered, are being is worth bringing out, namely the increased importance or $976,39."), and this has offset applied to the purchase and cancellation of the consolidated bonds of the Kansas Pacific, purchased during 1885. ais in Had $1,222,000 having been so this been added to income former years, the surplus for 1885 would have been rimost $3,800,000, instead of $2,551,191 as on the new But taking the latter figure, it represents over 4 per cent on the company's stock of $60,868, 500. In arriving at this surplus every item of charge against income appears to have been allowed for, including the Government requirement. This latter, in 1885, as in 1884 and some other years, fell short of the amount of interest paid by the Government on the company's subsidy indebtedness, and if we were therefore to deduct the interest actually paid, rather than the requirement under the law the surplus would be reduced $828,318, against which, however, even in that case, might be counted the increment of the fund in the Treasury, which appears to have been $139,969. On the other hand and against the basis. that the auxiliary or non-subsidized lines are assuming in the road's operations and earnings and income. It is a common error to imagine that these auxiliary lines have and that the Union Pacific has not failed of their purpose, derived the benefits expected from them. And yet we have seen above that the local business is growing larger and through business larger, while the To what ishinp; in significance. else, if yearly dimia-. is not to the construc- new lines, is the first of these changes attributOf course, the company has had to assume large obligations on their behalf, and the burden at one time seemed a very heavy one, but the auxiliary system is certainly contributing an increasing proportion of the company's earnings. Here is a table, prepared by us from the present and past reports, bringing out that fact. tion of the able ? Union Pac. Proper, 1885. 1,832 Miles end ol year. 1884. 1883 1882. 1881. 1880. 1,N82 1,831 1.821 1,621 1,821 t i » * « Gross earninKS.... 17,455,032 17,837,061 21,002,542 22,823,884 24,258,817 22,456,185 9,050,355 8,895,151 10,3JM,511 10,-27.04« 12.480.343 10.543.120 l^xpenses & taxes I propriety of such a course, the item of should be remembered that it funds sinking (company's own bonds), which was taken out before finding the surplus of $2,551,191 given, and which item by many companies is not at all charged against income, would alone add nearly 1 per cent to the percentage for stock, the contribu tion for that purpose having been $593,605. »,104,8r7 Net earnlD^ 8.941,910 10,648,001 12,096,836 11,778.474 11,910,016 Auxiliary Lirus. Miles end of year. 2.887 2,641 2,435 2,121 Gross earnings.... 8,470,140 7,820,229 7,713,598 8,719.991 4,885,870 7,107,380 5,972,964 5,544,861 4,514,912 3,369,737 2,791.23s 1,576,810 1,362,774 1,847,265 2,168,737 2,205,079 1,506,133 1,814,419 4,910 4,476 4,258 t * » Expenses k taxes Net earniuRS.... Then, too. Hiles end of year. 1.033 i it* IThole Sustem. one must consider that the surplus is irrespective of the income from land sales, which by not 'a few roads is treated the same as the revenue from operations, and made a part of regular income account, but which the Union Pacific 1,478 « 3,290 3.042 S.SSi » Gross eamlrgs.... 25,925,17J 25,857,290 28,716.140 29,543,875 29.124,687 25.848,.r?3 KxpenAes & taxes. 16,157,721 14,868,116 15,899,402 15.241,961 15,840,0-*0 12,121.930 8,767.451 10,789,176 12.816.73.8! 14,301.914 18.2««.eOTl 18.124.434 Net earnings... Thus while the gross earnings of the Union Pacific applies to debt reduction and like purposes. We have already stated that during 1885 $1,222,000 of Kansas proper h ave been steadily and heavily declining since Pacific consol. bonds were purchased and cancelled, but this 1881 the reduction since that year reaching over $6,800,the gross earnings of the auxiliary lines have been 18 only a part of the Union Pacific's income from land 000 Bales, for we see that altogether 1,433,999 acres were sold as steadily rising, though of course under an increase in in 1885, bringing to the company over four million dollars mileage, so that now they form about one-third of the Of course this could not have been all cash total earnings of the system. Ttie difference as compared ($4,040,387). — — It illustrates, however, the strength of the c impany's with say 1880 is strikingly shown in the fact that in 1880 the complications arising out of the road's relations to the out of $25,246,373 earnings for the system, only $2,791/ 238 came from the branches, whereas in 1885 out of $25,- Government, and the 925,172 posiiion in that regard, Tue truth is, that were difficulty of getting it not for Congress to deal $8,470,140 came from the true that the net earnings of the branches earning--, total with the matter in a fair and reasonable way, the condition and prospects of the Union Pacific to-day would be very branches. favorable indeed. standing the gain in gross earnings, but that follows from the augmentation of expenses resulting from the increase The use that has been made of the company's large income, as well as the care with which the finances of the property have been administerel under the present management, maybe seen by a reference to the changes in the funded and floating debt. The net floating debt on tl.e 3l8t of Ddcember, 1885 (after deducting only such items from the gross debt as are properly deduotable), was but It is have greatly declined during the of mileage at last two years, notwith- and from the enlarged amount of business done Even as it is, however, these rates. show a very fair amount of net earnings. should be remembered that the object of their greatly reduced auxiliary lines Besides, it construction was not so operations as it was much to secure profit on their own to increase the profit of the older por- THE CHRONICLE. 412 by furnishing tion of the system, consequently increased with it sources of new feeders and Under traffic. the pressure of competition the earnings of the original system we have seen have fallen off heavily, notwithstanding the rendered by the new feeders; but what would be the aid had these feeders not been supplied ? Or in other words, what would the decline in earnings have been in that event ? Except for the branch system, the Union Pacific would be limited almost exclusively to through and competitive business, for which so many lines are now fighting and on which the margin condition of things to-day, down of profit has been cut been turned into a positive close to nothing, if it has not loss. THE ADVANCE IN" TRUNK-LINE RATES— ITS PROGRESS AND EFFECTS New York to cases to get a [Vol. XLH. Chicago (previously that had sufficed in many round trip ticket). On the 1st of December, however, an advance to full $20 was made, the rate for the east-bound trip, Chicago to New York, being placed All this time the immigrant rate remained at the unprecedented figure of $1 New York to Chicago. After a prolonged discussion as to whether the new rate should at $17. be $13 or should be $8, and the completion of the preliminaries for a Clearing House, the rate was finally fixed at on $7 the opening of said Clearing House, but that did not happen till the 14ch of January in the present year. After this the advance in live stock and dressed beef rates did not come till the 1st of March, as already said, and this week we have the restoration of the old $20 rate on passengers, first-class, Chicago to New York. In view of the prom- It is probable that in this week (April $20 for first-class in that trunk the advance of passenger fares inent part that this re-establishing of profitable rates has between Chicago and New York to played in our railroad and industrial system, we recapituand $17 for second class, the final step late briefly here the several events that mark the progress 1) restoration of rates settlement line which had of last origin in the its summer has been taken. New York and Chicago the official tariff has been $20 since the 1st of December, but in fixing the east-bound rate at the same figure various diffiaulties have Between been encountered which have delayed till the present time actual enforcement. its As the work which the managers do has thus set out to been practically completed, it will be of some use to note the various steps in the process, and their gradual development. Such a retrospect is the more timely that there is some talk This grain. now — of again latter, reducing rates on east-bound however, if it should be carried out, of the peace era among the trunk lines. Oct. 1.—Advance in east-bound rates to the Imsis ol 20 cents per 100 lbs. on grain, Chicago to New York - in .September the roads had taken business at 10 and 12 cents. Oct. 5.—Advance in west-liound rates from 40 cents per lOO lbs. to 60 cents on (irst-class freight, New York to Clilcago. Nov. 18.—Advance in westbound rates to a basis of 75 cents per 100 lbs. on first-class freight, New York to Cbioago. Nov. 23.— Advance iu east-bound freight rates to 25 cents on grain, Chicago to New York. Dec. 1.— Passenger rates advanced to $20, New York to Chicago, (against $14, to which an advance had been made Aug. 22), and to $17, Chioaeo to New Y'ork. Jan. 14.— Immigrant rate of $7 to Chicago put In force, against $1 which had so long prevailed. March 1.— Advance in rate on live cattle from 25 cents per 100 lbs. to 35 cents, and on dressed beef from 43is cents to 65 cents, Chi- cago to New York. would not signify a slipping way of the benefits of the April 1— Passenger rates, Chicago to New York, raised to a basis of $20, first-class, and $17 second-class. peace compact, but simply an effort of the managers to "While thus it is clear that by the 1st of December the put the roads in position to compete with the water lines on the opening of navigation. It is simply a question as advances of greatest importance, as far as results are concerned, were made, it is no less true that the advances to whether it is better to compete for a share of such busi- the lake and canal route, and thus accept a since then are also important, and this brings out the point of chief interest, namely the gradual manner in lower rate on the whole body cf trafiic, namely that which which the benefits from this new policy have been secured, the roads would get anyway and that which otherwise for it is only with the opening of the present month that would go to the water carriers, or whether it is ness with better to maintain the present rate and take what traffic can be got But this is a minor matter. Eeturning to a consideration of the mode in which the advance in rates has been carried on, of course the passenger schedules were not the only source of difficulty. In the case of freight rates equal time for the completion of the necessary preliminary negotiations was consumed. To show this, we need only say but a month since the "war'^ rates on dressed beef and live stock were replaced by a new and higher that it is schedule, which latter move, as is known, provoked more controversy than all the other moves combined. The work of restoration began by the advance, Oct. 1, in the eastbound tariff on grain to 20 cents per 100 lbs. New York, the trunk-line this at that rate. this species of freight Chicago to having been taken at as roads enjoy in full these benefits. circumstance which gives significance to It is the improving character of the exhibits of earnings as they have come to hand from month to month. The latest month for which we have returns is February, before the advance in live stock and dressed beef rates went into and in this month the gain over the previous year in both gross and net earnings has continued very marked. "We gave the Pennsylvania exhibit for February last week, effect, and commented upon the fact that the gain for that month was the largest yet reported, and that since last October it had been growing heavier each succeeding month. This week we have the Erie statement for the same month, and though there is not the same relative increase as before, yet the showing is very satisfactory. We have thought it worth while to bring together the figures of increase low as 10 cents in the month preceding. Four days later, on October 5, came the advance in west bound for each month for these two roads, and here is the result. rates from 40 cents per 100 lbs 1st Of course, in part the gains are the result of the improved class to 60 cents per 100 business outlook, but in the main they are the result of and the higher rates in force. Over a month then elapsed before the next INCREASE OVEK PREVIOUS YEAR. practical step followed. But on November 18 the westbound rate was further advanced to a basis of Pennsylvania. Erit. 75 cents— the highest figure that had prevailed Oro9s. Net. Orois. Net. in the more recent years. Then, on November 23, 5 cents more t * * per 100 lbs October 88,873 13,111 112.791 46.668 was added to the east-bound rate 20,602 140.B74 (grain as a basis^' November 209,188 122,149 December 277,854 262,971 S02.R02 making it 25 cents. While this was 165,017 going on, through January 144,014 •39,033 131 670 218,161 pMsenger rates continued pretty 4;3,775 437,118 179,862 96.780 well demoralized, though on August 22 the official 827,.TK Total 814,738 1,020,D04 M2.ie4 tariff had been fixed at $U lbs. These two moves constituted the first earliest step. * Decrease. — April On 3. THE OHROKICLE. 1886.J the Pennsylvania steadily developed the only break in the amount the February, in till was over $ movement being On the weather in January. 100,000, that occasioned by the Erie the last two have shown some alight falling should be remembered that the increase has of it off the months of increase, but it earnings in these Erie's respectively the same for The years. 413 total for the month of the two preceding seven monthf records an increase over the corresponding periods of 1884-85 and 1883-84, in the former insunce of 273,418 bales and in the latter of 21 1,214 bales. Foreign exports have been more free than during March of 1885 but fall 45,107 bales below the figures for 1884. In the total for the season to date the two months are always small and consequently the gain must be expected to be of like character, further that decrease from last year is therefore tile result on that road a year ago was not particularly reaching now only 111,820 bales. baci — certainly and then much than on the Pennsylvania less so present year's figures Erie has a large coal tonnage on which also the the rates this year can not have been good. OVERLAND MOVEMENT TO APRIL By we telegraph Mtvmm/Hrvm S«pt. 1,1888 1, w 1886. down of cotton to the first 1. overland during the month has been of larger proportions thaa during February notwithstanding the strike on the Southwestern sys. tem of railroads. The gross shipments for the month has been 103,666 bales, and exhibit an increase over March, 1885, of 15,305 bales. In comparison with the corresponding month of 1884 there Ortat rratwe. Britain' Sept.l, 18S4. 1, 654,291 449.267 781 10.036 Indlanola, Ao>. Netr Orleana.... 1,007,949 1,461.328 Mobile 231.014 286.201 Florida 49,750 75.906 7SS.707 15.018 462.887 12.899 93.735 7,320 499.750 245.713 698.787 Brunswick, Ao. OVERLAND MOVEMENT TO APRIL KXP0BT8 8IX0C SIFT. Sept. OalTeston of April. The movement Receipts Receipts t*nc« since 1888. today to compile our usual movement, receipts, exports, &c., for another month, bringing the figures of the in the is Charleston. Port Raral,&c. Wilmington Moreh'd C, Sie. Norfolk West Polnt,4a New York PhlladelpblB,dto. 37.623 a decline of 7,583 For the seven months of the season there very heavy excess over either 1884-85 or 1883-84 bales. a is ; in OonUnmt. 220,903 16,545 598,869 38,369 259,&tl 97.IM5 77.614 78,523 ^prill.. Toua. 810,971 88,0>» 844,084 1,200.504 38,869 mjno 8,292 288,646 308,948 mfisa 10,"«97 UB,663 280,874 sijim 23,184 66,880 «4W s 6,271 42.666 93,033 9,585 536.889 272.657 61.934 77.976 88.223 4,'i.839 TOAodks 506.641 49,99 J Baltimore. 1, IflSS, 9.703 176.692 2,828 4,819 188,830 it.TW 34.299 315,786 28,103 16.941 143.119 51,240 487,008 98,817 806,774 1,635 20,727 97.27B 26,«7C 39.756 Total 1886«:... 4,836,332 is falling off exports to Great Britain, the Continental total being con- ApHl 1. are able statements of overland the pronounced, feature siderably in excess of former seasons. CONSUMPTION AND COTTON that is less A 1,011 81.061 34.927 J 4,354 1. 818.4971 0,810 80,875 03.428 39,281 18,881 835.801 1.108,601 3.268,809 870,875 Total 1884-86.... 4.362.914 2.108.132i 311.155 916,432 3,8*l,7l» 686,141 Total 188M4.... 4..^93.n8 2.092,650 410,5)8 820.769 3,328.883 718,974 * Great Britain exports Inolnde to the Channel. fact the present total is larger than for the facts any previous year. that the portion of the crop Using the same period in March reaches 65,511 we shall find by the foregoing statements, which has reached bales, the gain over last year being 11,111 bales and over a market through the outports and overland, and the two years ago 253 bales. The total for the season to Southern consumption since September 1, this year and date records an increase over a year ago of 126,463 bales, the two previous years, is as follows. and contrasted with 1883-84 the gain is over 156,000 1885-86. 1884-S5. 1883-84. bales. Our usual table of details is as follows The net for disclosed I I : OVERLAND FKOH SEPTEMBER TO APBIL 1 Receipts at the porta to April balcs.U, 836,332 4,562,914 4,595.118 Net shipments overland during same time 682,64Si 556,182 526,328 1. 1 I Total receipts 1885-86. Btnce September 1 Shipped— From St. Louis Over Illinois Central Over Cairo »& Vincennea Over the Mississippi River, above St. L. Over Evans ville A Terre Haute Over Jefferson ville Mad. * Indianapolis Over Ohio <t Mississippi Branch Over Louisville Cluclnnati & Lexington Beoelpts at Cincinnati by Ohio River Beoeipta at Cincinnati by Cin. Soath'ru Over other routes Shipped to mills, not Included above. Total gross overland Dedftet— Receipts overland at N.Y., Boston,<&c. Shipments between (or South from) Western Interior towns Shiomentt inland and SmMiern Spinners' Takings {not olhencise deducted) 1884-85. 1883-84 Oalveston 349,695 160,672 73,448 15,933 39,175 33,045 16,454 60.039 58,881 90,266 83,821 9,927 248,892 131,815 150,110 15,050 33,432 39.087 15,987 37,620 31,700 65,057 69,343 4,715 263,749 49,033 156,108 75,967 21,163 42,333 59,651 53,101 17,892 71,823 56,739 6,103 991,356 812,828 873,670 221,478 206,135 292,751 57,117 50,738 43,536 Savannah 100 5,783 10,825 878' Charleston 6,429 North Carolina porta 1,002' Virginia ports 4,963 4,492 11,857 1,107 5,638 1,268 5,411 108 8,627 1,160 73 987 Total to be deducted 308,711 286,646 347,342 lieavtog total net overland* 6^2,64! 556,182! 626,328 AND SPINNERS' TAKlJfOS. As our weekly statements have shown, the receipts at the ports during March have been liberal, considering it is so late in the bales, against season, 163,503 is 253,000 217,000 and reach a bales and total of 283,645 241,514 bales 236,000 of cotton marketed since September 1 in thus seen to be 435,881 bales more than in 1884-85 and 414,531 bales more than To determine the in 1883-84. portion which has gone into the hands of Northern spinners during the same period, we have prepared the following. Total reoelpta to April 1, 1886, as above bales. 5,771,977 Stock on hand commencement of year (Sept. 1, 1885)— At Northern ports 103,225 At Southern ports 21,314 —129,539 At Northern Interior 2,882— 132,421 markets Total supply to April 1,1886 5,904,398 Of this supply there has been exported to foreign ports since Sept. 1, 1885.3,252,899 Less foreign cotton included. . . bales. 2,949-3.249,950 Bent to Canada direct from West 30,103 Stock on hand end of At Northern ports At Southern ports At Northern month Interior 2,514 (April 1, 1886)—. bales. 361,190 509,185— 870,375 markets 12,749-4,165,697 Total takings by spinners since September Taken by Southern spinners 1, 1885. .bales The above April by Northern spinners this year... indicates that Northern spinners taken an 1,738,701 253,000 Taken by Northern spinners since September 1, 1885 Taken by Northern spinners same time in 1884-85 Increase in takings shipments to Canada by rail, which since B«nt^,h»l f^ VL*^'?*^?®»«no""'e'l to 30,109 bales. In 1884-5 were •'»».<«u 16.725 h2F™?i'H^ ales and inS'So'o^?^** 1883-1 were 15,a47 bales. RECEIPTS, EXPORTS The amount 1885-86 1. I>ale«.l5,771.977 5,338,096 5,357,446 Burnt North and South 236 ,.'", Mobile Southern consumption since September Total to April 1 Jtom— New Orleans bales. 5,518,977 5,119,096 5,121,446 increase 1,485.701 1.163,901 821,800 had up to over the 1,485,701 corresponding period of 1884-85 of 321,800 bales and an increase over the same time of 1883-84 of 203,356 bales. 1 bales, AMOUNT OF CROP NOW IN SIOHT. In the foregoing we have the number of bales which has already been marketed this year and the two prpvioua seasons. An additional fact of interest is the total of the ... TflE CHRONICLE. ^14 crop -wlncli was on April sight in previous years. above the stock remaining compared with by adding to the 1, "We reach that point towns, less stock held by them at the beginning of the In this manner we find the result for three years season. on April to 1 be as follows. 1885-86. 1884-85. 1883-84, bales. Total marketed, as above Interior stocks In excess of Sept. 1 5,771.977 329,000 5,336,096 136,000 5,357,446 38,000 bales. 6,100,977 5,472,096 5,445,446 — Total in siKht This indicates that the movement up to April 1 of is 628,881 bales more than in 1884-85 and 655,531 bales more than in 1883-84. As it will interest the reader to see what has come into and previous sight each month of the season during shows the which the following, years, we have prepared this movement Marcli Total 7 months. four seasons. 1882-3. 1883-1. 1835-6. 1884-5. 485,552 1,360,870 1,443.433 1,488,532 541,793 479,591 301,156 413,836 1,309,111 1,390,902 1,360,404 513,187 291,753 192,903 450,047 1,325,716 1,317,773 1,264,816 453,985 370,337 262,772 6,100,977 5,472,096 5,445,446 Months. September October November. December. January February . 402,336 1,130,761 1,402,932 1,435,006 803,565 664,834 518,540 I To more exact meMure furnish a April 1, we give below of the receipts table weight of bales. "We give for comparison the the same time in the two previous seasons. Number of Alabama Georgia* eonth Carolina. Virginia Korth Carolina. Tennessee, <&c.. Total * of 8% 3-19 3-iO 3-20 8*1 8% .8.. 8% 3-20 3-22 81iif 3-22 811], 3-23 811,6 3-23 8l'u 3-23 U.. 6H 034 317 12., 13.. 14., 15., 16., 17.. 18., 19., 20., 21., 22., 23., 3-23 3-23 3-23 8lii 3-23 8% 813j6 3-23 813 322 813l6 3-20 3-19 24. 8«i 319 25., 8liv 26. 27. 28. 29. 30. 31. Bill, 8lli, 3-19 3-19 3-17 634 6% 6% 6% 634 B34 6% 8, Sl'ie , S., 811,8 3-17 811 313 8n;« 3 13 3-13 3-13 3-13 3 13 ll'ie' 11 10iB,e lOTs lO's 10:6,6 6% 6^ OH 6% 313 3-10 3-10 3-10 11 309 11 11 11 3-09 3-1 >9 3-09 714 6!^ tow iiig 10»» 3-4G i'lTia'" 3-46 3-41 3-37 3-37 3-37 3-37 Sheetings, .8... I0i« 10% 10-9 10^2 .. '-'h 714 714 714 714 Yh 714 7% 7>4 714 7'4 ...8.. 6\ i"i'" 6% 11 6% 1015, 6% 1015, 6\ 10% 6\ Pri7il- 1 !« «... . ll i'o'i5,e 7>4 714 7'4 714 a... .. 634 8... 6\ l'i6 iHiB ni,8 lUie 3-12 3-12 3-:2 3-13 3-13 3-13 OoU'n stand- mid- elinhs. standard. dling. t;4jcU4 ard. .8... ll's ll'ie 3-09 3-OJ 2 03 "vV 308 ^M 3-Oi 714 3-1.8 S. 74 lOiSia 3-07 1013,6 3-07 714 ioij IOI2 lOig 10 la 108,8 lO^lfl 'in" 7V, 714 7^ 714 7^ 8... 3-37 3-36 3-37 3-37 3-37 3-33 ..8... 7>4 714 7>4 7I4 7'4 3-38 3-41 7V 7>4 344 7"4 ion;* 3-4,4 10\ 10% 3-14 3-14 7H 714 7H i"0"58" 1011,6 1011 . 8... 7H ibis;, Vi," 714 11 13,. 7>4 3-44 3-44 1013,6 3-50 3-50 lO-^a 3-50 11 IH16 3-50 ..8... 111 i« 3-50 7H 7>4 7>4 7H -^ The abovepricesare— For cotton, low raidiilin? upland at New York, for prlutlng oloti, iiuiQufiictui-er.v pi-loes; for sliaetinis, agenW prices wMcli are subject to an average dlscounnt of 5 per cent. FINANCIAL REVIEW OF MARCH. The month of March was dull up the other were not calculated the figures for Satne Same 1886. peri'd in peri'd in 1884-85. 1883-84. Weight in Pounds. Average Average Average Weight. Weight. 655,072 1,607,949 234,014 803,565 465,736 745,463 103,055 1,157,123 338,632,920 775,031,413 117,475,028 389,994,201 221,736,910 354,020,379 48,126,685 568,147.393 516-91 482-00 502-00 485-33 514-57 477-50 498-00 469-63 466-20 467-00 491-00 465 20 489-00 478-13 494-00 4G8-00 467-10 472-93 470-40 494-00 5,771,977 2,313,164,934 487-38 48006 482-72 Bales. Xexafl .......... lioalslana 1, 3-19 3-17 87l6 1884. Sheetings, and unsatisfactory. The exports of gold on the one hand and railroad strikes on our usual Seven Months Ending April w 1.. 2.. 3.. 4.. 5.. 6.. 7.. 8.. 9.. 6,407,994 WEIGHT OF BALES. to March. 1885. CotVn Print- Shtet- OoU'n Printlow ingSf low mid- cloths. stand- mid- eloths, dling. 61x04 ard. dling. 64x64 10.. the present year for the last 1886. date at the interior at that [Vol. XLIl. 47610 47490 47000 Weight. 5 9-81 make the commercial on the Texas & Pacific and Missouri Pacific had a bad eSect on the trade of the large sections of country adjacent to those lines, and as world feel buoyant. to Ttie strikes they lasted for over three weeks, the paralysis of business during that time was severe. The exports of gold from New York during March amounted to about $9,200,000, of which a large part went to France. The condition of our export trade which permitted this large shipment of gold was not at all gratifying, and the Government report of U. S. exports and imports in February (published late in March) showed that the way had been prepared for this gold export by an excess of merchandise imports over exports in that month of $4,718,720 against an excess of exports in February, 1885, of $11,912,789, being a difEerence against Including Florida. be noticed that the movement up to April 1 the United States in February, 1886, of $16,631,509. ehows an increase in the average weight as compared with The money market was but little influenced by the the same period of the last two years, the average this declining bank surplus, although that surplus ran down year being 487 -38 lbs. per bale, against 480-06 lbs. per bale from $25,937,775 on Feb. 27 to $12,797,150 on March 27. for the same time in 1884-85 and 482-72 lbs. per Dale in The rates for call loans hardened slightly, and some1883-84. times reached 5 per cent, but the usual range was from THE COTTON GOODS TRADE IN MARCH. 1^ to 4 per cent for call loans to stock borrowers. The jobbing trade in staple cotton goods was active The stock market had little animation, and prices natIt will during the greater part of the month at New York, large aggregate sales having been made in package and assorted lots by leading jobbers. The demand at first hands has been spasmodic and irregular, operations on the part of Southwestern buyers having been materially checked by Brown railroad labor troubles. sheetings and drills ruled quiet in agents' hands, and bleached goods were only in moderate demand; but some large orders for cottons flan nels were placed for next done colored season, and a fair business was urally la the drooped under the influences prevailing. Early the DrexelMorgan syndicate announced that month Mr. Corbin had joined with them. The Western Union Telegraph dividend of \^ per cent for April was declared payable in scrip, and the quarter's net income was estimated at $906,000, or about $300,000 under the same The Trans-(yontinental war and reducquarter of 1885. tion of of the rates to California took place in the second week and this, together with the railroad remained throughout the month as the principal month, Print cloths have slightly strikes, but values of other staple cottons cause for depression in the stock market. The Philadelremain fairly steady. The advancing tendency of the mar- phia & Reading plan of reorganization was issued by the ket for certain kinds of staple goods has, however, been syndicate in the last week of March; a combination of the temporarily checked by the recent lull in the demand by anthracite coal coxpanies was partially effected, with an in declined in cottons. price, •wholesale buyers. print cloths in At the close of the hands turers reached about 460,000 pieces, on February 28, March the stocks of ai^reement to limit the production in 1886 to 33,500,000 and manufac- tons. "When the termination of the strik es was believed against 450,000 pieces to be assured, just at the close of the month, there was a of speculators and 1,580,000 pieces March 31, 1885. better feeling, bu there wai no buoyancy; and a cutting . of . April THE CHRONICLK IS60. 3, against the stocks of the roads engaged in fclfruary. Foreign exchange was strong, and the high rates perthe export of gold above mentioned. Towards mitted the close rates weakened and gold exports fell oS. The following summary shows the condition of the New York City Clearing- House banks, rates of foreign exchange and prices of leading securities and articles of merchandise, about the 1st of April 1884, 1885 and 1880. STATIBTIOAL HUMMART ON OB ABOUT APBtL I, 1884, 1885 ANb 1886. •• . ;, ; 1886, A iwi r 348.293.700 300,981,210 3^n,0,*)S.600 «(i,9a(i,oco 104,752,800 7!l.084,(iOO . 8i>eolo Circulation 10.e>99.700 ii,j:t:i,so(i 7,9-i9,t>oO 31K,709.»00 35:),U:',90o 3SO,'2(U,tiO0 27,40.5.0i)(; 32,029,900 28,778,700 86,677,480 8^.8«0.97.") 95,066.150 94,101,900 136,782.7t0 107,863,300 ,....., Legal tenilnrg Legal reserve Reserve held 68 25 Dcnv. O. 8 *213 *30 tloiiHt. A Tex. Cent.. tlllnoUi Central 141 Do L'sed Llne4p.o K. A Ilk. AW Surplus reserve $ United 3», 7,724,450 4a5 49d. 4ti'8 l>a«3ia 4 851a 100% 100 option U. 8 rt'!.'ifltor<>d. 136^ 113\ Gs.ciimiiu'y, 189S 4>a8, 18i»l,coui>on 4s of 1907, ctmpou Railroatf aioeks II214 1211a 12i:U — Central A Hud. Riv. Eric (N. Y. L. E. & W.) I^ke Shore <fe Mich. Southern. Miohi.u'an Central Clniau'ii Kiick Islaud <& Pacillc New York 118 Illui.tis (_'(uitr;».l 129!% Nortliwesteru. cora. A: St. Paul, com. l>elawai-e Lack. <fe Western ... Central of New Jersey lltjia ,\: Chicago .Milw. 10238 2()i4 82^1 57 113 d-4ia 12,1 I2518 9tl8 139 14 10738 Si's 70 85=8 8518 A 86\ 4^1 4>s(, llarch. 6s, opi'n Our., 1891, 1907, coup. eouf. U. S. 1898, reg. 4 las, March. 3s, 4s, 1891, 1907, eoup. eoup. reg. 6s, opl'n Our., 8. if. rtg. 1898, li7H l2Ti X... I2718 11258 12714 100''8 1120b reg. 12714 lOO'a 127% 13. 14. 13158 126% 24.. 25.. 26.. 27.. 28.. 29.. 30.. 31.. .8. 112»f ..S... 1121* 1261a 11213 H2ia I26I4 ..8... 11238 11238 I26»s lOlia 1121s 126''8 11258 127 127 i«j Open. High. Low.. 112 CI08. . 18.. 1126^1 The following X1258 I2714 lOO^a 112=8 12718 101 la Hl!>. 125% 1 00 '8 11212 126^9 lOlia 1345e 13459 13459 13458 . February. ~ Low' Biah- Closing Closing Railroads. Jan. 30. Albany ikSusiineh'a. IIU ^tcbison est, 144"8 Fe 88% P.i(itlc... Bost.AN.Y.AlrL. pf. 7 '8 Atlantic r.>ii.,st S. A Burl. Cedar R. & No. Canadian Parlllo '70% ,Caiia<la Southern Cedar Falls & .Mlnu. '42 li •H & Ohio Do Istpref. Do 2d pref. Chee Do ^cBurl.* 10% 181a 157 Quincv. 61 421a 181a -12 " pref. 70 'I. I3 vhloaeoijk Alton } 100>« 11 1713 441a 4014 Central Iowa 17 Central of N. Jersey. 45 -Central Piicillc 431* 12 140 160 5137 Mil. ,S St. Paul. 9iia 915g ^o P™f- 12114 1211a '-^ Ohio. * Northwest ... 1 o7 1^ 1 07 % Do pref. *136 13.=.% die. A Rock Island.. 128 127ia IS-jia OUo. ^ Chlo. St. L. Do Chlo. St.P. Do A *1 Plttsb. pref. pref. CIn. Hamil.ADaj'ton CIn. Iud.8l. L. CIn. San. A C.ev Clev. Col. Cin. Ind. Clev. A Pitt«b.,guar. Cyl. A Qrweuv., pref. Col. H'>ck.Val. A Tol. i'clooi bid. 12''8 30 38 101 teb. 27. 143 Low- Hia^ est. est. 13711 lit 93 90 '^ 7'8 100 14, 70 66 70" 714 97 66 5313 146>a 54 147 42 "Si" I 31 14 Pilojs aiSe 1. 67% 631a 30% 443g 14 12% I413 20 56 12 21 I5I4 144 160 •17 54I8 4218 •10% •19 *I3ia 142 •155 13 20 58% 5313 150 45 66% 40 14 •12 19 57I8 49 43 14 41 141a lOia 140 154 Ilia I914 14 143 160 79 34 4313 150 42 35% 27 381a » K^-llvidend. 10.) 80 im 17% 13% 142 IO719 U •27 39 101 % 3.^ 55 152 42 47 »B 3214 4l>8 41 127>3 127i^» Gtlls 52% 33 63 1 19 20-'» 47 30 47 50% 28''8 pref. A St. If InneaDoUs L.. prol. A Texas Mo. Kans. .. .Missouri Paoitlo 111% IO9I8 A Ohio A Essex Nashv. Chatt. ASt. L. •13»« N. Y. Cent. .v.Y.Chto. IO514 14 134 47 105 48 8% 20 28^9 6368 41% 61% 37% loie *9 2713' 27 26% 29% 29 1978 8% 6 s% 7% 26»8 61% 58 23% 2 25% 18% 30 13 33% 18% I4713 27 148 162 163 20% 22% 7% 34% 3% 33 7% 29 40 91 30 46 95 77% 76 "3% Pittsb.. •42" •90 20% 49% 43 5 •45 49 107 8% (102% 7»8 17% 20% l8% •7 20% 23% 21% 10% 28% 25% 6% 25% 23% 53% 1% 15s •24% 22 17% 13% •20 22 25 •20% 16 2l5g 23 148 140 161 5 75 31% 8% 10 '4 29% 27 60 17% 15% 26 22 32% 22% 27% 22 24% 31 150 140 163 5 80 36 •29 •40 4 25 3J 5 31 •.40 94 94 •3% 56 2 2G% 30 34% to% 31% 61 37% 211 8 2S 22 16 57 30% 21% II3 35 67% 66% 17% e-i 12% 18% 15 104% 107 2358 28% "26% *r8% 57% RlohmondA West Pt. ••••«• 75 4% 210 24 '77 pref. "27% 18% Rensselaer A Sar.. . . Rich.AAl. st'k. tr. ct. Riitmiinid fe Danville ,ic •18 18% 2018 21^8 •93 21% 37% 40 46 8% 210 special Koclie.-iLcr 17 2»i% A E'ville. . 105 Tg §9:»% 1858 30% Borne Water. A Ogd.. 8t. L. Alton A T. H 19% 19% 15^8 •18 28 31 5129% 5128>4 00% 16% 40% 25% •48 58 '8 A Reading A 21% 104 51% 6% a% 10% 213% 220 38 32 125 IH 33 5t 91a 36 206 Plttsb.Ft.W.AC.suar Do 4S>3 107 »3 18 5313 41 W 32% 2«''9 2958 28°a 113% 109% HOU% 111 lioei* 16% •ll 14% 14% •12 138 136% 139% 2438 208 Ohio Central Ohio A Mississippi. .. Ohio Southern Oregon Short Line .. OrcKou A Trans-Con. Phlla. 37% 102 A Western.. Peo. Decat. 19% 8i8 "245^ pref. Do ». Y. SNewEnsl'd. N. Y. N. H. A Hartrrd N. Y.Ontario AW... N. Y. Susq. AWest.. pref... Do 32'4 44% 21% 21% 23% •21% IS 21% -18 4658 •45% Do pref. 45% 45 42 45 42% •102% Do lat pref. 100% 100% 105 97% 103% 101 40% 39 St. P, ADuluth 42% 41% 40% 56% 52'* 102 Do pref. 101 109% •103 105% 111% ^107% 114 St. Paul Minn. A Man 115 118% 118 112% 11858 Scioto Valley 9% 10% 8. Francisco. Do t 16 14 15 13 12% 47% 13% 54% 51% Bankers' A 18% 18% 20% Mer. Tel. 35 3 35 ^2 145 102 62% 122 ^13 23% Uomestake Alining Maryland Coal II 28 20 11% *6% Min ^20 pref, 150 108 66 15% 25% 31% 21 35 35 2% 7 7 21 23% A Iron Variocts. 2% 35 115 ....... 143 113 145 145 105% 10134 106% 103 '65 6 25 12 •6% •22 i 119 14% Tenn, 'oil Canton Company 16 «>• 17 73% 567 22 16% 15% 11% 11% 16 11% 17% 38% 12% 47% 73% 532% 125% 124 12% ^22 Central Coal... 75 70 5h ^22% 66 124 •62'a '118 16% 24% 13% 23% 17% 27% 23 17 23 11 10 12 '•'16% 13% •10% 6% 22 38 18% •26 6% 22% '20% 60 42 59% 59% 59% 109% 106% 110% 110% 102 102% 111 103% 90% 5102 93% 106% 101% 91 23% 31% 23% 29 21% 30 §97% 102% 100% 104% 103 §93% 104 58% 51% 59% 51% 49 57% 49 132 13778 133% 129 134 13 1 % 133 60 Consolidated Gas Co. Del. A Hud. Canal. . Orecon Improv. Co.. Oreg'n R'y A Nav.Co. . PaoittoMatl PiiUmau Palace Car. prices bid. 15 9 18% 115 Colorado Coal A Iron Consolidation Coal.. Do 13 51% •2% 3 38% 11 41% 30 Commercial Tel. Co Mexican Tel. Co Western Uuion Express. New 30% 12% 49 9% "9% "li" "9% pref. Tklegraph. American Dist. Tel I Prices asked. 5 Ex-dlvldend. BAXKBB8' BTERLINO BXCHANOB (FOSTED K4TE8) rOB MABCU. 1886. §119% ft3Sia >126 86»8 92 42% 75 ' 13334 58818 27 12% 92 12% 9<% 142% 139% 99% 100 •99 21% 2858 24% 7 8% 12% 79% 88% 88% 94% 90% 3i% 43% 89% .TO CJuicksilvur S3 10 137»8 12913 137% 95=8 9i7« 5-*''8 9^58 124% *123i3 §imia 125 111% 10J% 1041a 11019 1411a I41I3 SU5I4 142 131 12958 112418 130 914 141a •12 13 35 32 26 <a 34 42 14 39% 35% 41 14 105% 10314 97 lOlia 31>3 *i 4638 I3a-'a '.:'.": 31 99 70 6358 431a '.'.'...'. 3413 914 I414 44% Olos'ff itar. 45% 105U ACh A ' 1 ig '30 3314 lOOia Mlnn.AO. (St. 138 7l59 Coal and Mining. Cameron Coal — Jfarcft-.— . 140 )I0 ^22 13 '62 show the lowest, highest and 70% closing prices of railway and miscellaneous stocks at the New York Stock Exchange durinsi the mouths of Adams 148 American 102% February and March. United States 63 (Veils, Fargo A Co.... 121 KANOB OP STOCKS IN FEnnnAKY AND MARCH. table will t32 35 73 27 A Cha'ston Michigan (Antral Mllw. L. Sh. A West. MouiiiliiB Virginia 5'idiand.... Wab. St. L. APaoiflo, ..8, IS.. 16.. f aSTg K% 213>4 25 69% 3713 South Carolina RR.. Southern Pai iflo Co, Texas A PacMo Union Pacitio 11233 126 14 20 8 '217 17 8t. L. 125'8 81 181b Do 125% 1113, 23. 127 14 10., 11.. 12.. 17 19.. 20.. 21.. 22.. 21 12.'>is . 1. 2. 3. 4. 6. 6. 7. 8. 9. 90% 39% 36 124% Id 78 Manhattan Beach Co. pref... Northern Pacitio pref, Do XX 3s, 41% 6% fi Niiilsvllle Nashr.. IaiiiIbv.N. A. AChlo. Manhattan, conflol... D.) Uerehanilise— Cotton, Middl'g Uplands. f) lb. 1118 ll'^ie 93l8 Wool, American 33939 § B). 33 341 3.51a Iron, Anicr. piK, No. l..^ ton. 20 50a'2l ,'50 I8 00®18 5t, 18 00® 19 50 Steel rails at mills 33 25 2GO0a2ti 50 34 00o)„'4 50 Wheat. No. '2 red win.^ busli l.Oi'4, 90 92ifia94Hi 48''8'»49i4 Com, West. mix. No. '2.§ bush 46 34714 Pork, mess 17 371a » bbl. 13 00 313 25 10 50 s 10 75 Petroleum pipe line oertllic's 94^ 81 721a CLO8IKO PRICKS OP aoVKRNMKNT SECDBTriKS IN MARCH, 1886. 7 10 K4 iHland l..onK Norfolk 126% 48% 106!^ 11:3 2513 7 12 8538 1 3 <« A Hud. R. A St.Louis. pref. Do v,Y. Lack. A West .. S. Y. Lake Erie A W. 126 8918 1239 6018 114 IOK'8 91 IOOI3 2858 .Morris 100^1 I3413 1121a 133 143 >3 97ifl 25% A West Mobile 4 87 M3B% DCS Moines l.,ake lOriu Do 3I994 50ii:„d. 4 88 12,797,150 1«1^ 435 Honits— i^dtien Chica;.;o 48,421,726 217 29^8 32 ' 3% ei* 20 80 25 <« 22 8 217 St. P. War. at 133% 128% 16% 24% 94' est 87 4«4 8 BHIf oiot-a Ul<lh. 63 20 Harlem Do Monei/, Kxchange, Silver— Call loans Prinio jmper. sixty days Silver in lA>n(li>n. per oz Prlmi; sti'rluiK I>ill8, 80 days.. 3 e>e .\.T. II... UikeSlioio Tork Oily Bank*— Loane and olgoouiita. y«io « ^20 Win.A II I'll lil.>, 22% 7''8 .tHlas.. V Un Oa. pn>f, • Line- 63 v.. -.1/arrA.- . tth.Vl. ft. 13.^% 127 122<V. 15 17% 21% 251a tnl. 119<^ 23 .1'!.. .k .-^i't'ix Kast Tenn. Va. LouiMl. 11914 17 ,i'm. mmIs Imimiiiif IndlanaRI. 1889. 1884. Clntln tng 30. Jim Rvrt.noAn*. it. I ilciKwltft 415 out of Chicago worked rates >>y tho >forthwestern roads Net 9 ., . If or. 1.... 2.... 3.... 4.... 5.... 6.... 7.... 8.... 60 De- day: mand. Jfar. 4 90 4 90 13.... 14.... 15.... 16.... 17.... 4 4 4 4 88% 88% 83% 38% 4 83 4 83 4 4 4 4 90 90 90 90 8 4 88 490 9 . 4 88 10... 4 88 11.... 4 83 4 90 4 90 89%-90 4 88 8913-90 12.... 60 day: Detnand. 4 83 89%-90 8. 4 83 Uar. ... .... 25.... 26.... 60 day*. 4 87 4 87 39%-90 27.... 4 87 89%-90 28.... 3».... 4 87 4 90 30.... 4 37% 490 4 90 31.... 4 87 4 90 4 83 4 83 4 83 19.... 4 38 20.... 4 83 . ... 8. 21 22.... 87%-83 89%-90 Range High 4 88% 23... 4 87% 4*9% Low. 4 87 21... 4 87% 4 89% 18... 1 Jit, mand. 489 48» 489 4 8ii% 488 4 90 4 89 . . . , THE CHRONICLE. 416 The following statement for March, from the office of the was issued tliis week. It is based upon the actual returns from Assistant Treasurers, depositaries and sujperin. tendents of mints and assay offices, and shows the condition of theU. 8. Treasury March 31; we give the figur es for February Treasurer, [Vol, XLII, DBBT BEARING NO INTEREST. UNITED STATES TREASURY STATEMENT. Old demand notes Legal-tendernotes $57,025 346,681,016. Certificates of deposit 18,785,000 Less amount held in Treasurer's cash Gold 810,000- certificates MAHCH Assets and FBBBtTABT 81, 1886. Assets Salaneea. and lAabUities. Uabttttles. 18-2,900,437 183,314,744 66,486,344 88, 1886. £alaneM. 46,797,927122,532,996 Less amount held in Treasurer's cash Fractional currency Less amount estimated as lost or destroyed.. 32,410,5758.875,934- Aggregate of debt bearing no Interest. 59,264,730 {Ami) — 242,155,167 137,573,570 46,797,927 Certiflc's, net. {JjiahilUy) 90,775.643 Total gold Certificates Issued Certificates on liand RECAPlTDIiATION. Interest. 171,805,906 2,612,988 122,533,096 32,410,575 — 12,765,000 840,000 Certiflc's, net. {Liability) 11,025,000 47,197,292 15,305,000 385,000 interest due, unpaid Accrued interest due, unpaid Acc'dint., Pac. BR.b'ds andint..(I,i<v6th't|/) Fract'l cur'cy redeemed One notes &L two Int.cti'cks Debt and yr. 32,277,292 1,637.362 14,bl3,623 •i8'i,5»»,tlS a78,»ao,ara 8,282,61:3 4,258.465 207,3S4 1,189 84,660 989,353 69.800 648.235 17,407,066 8,780 15,007,883 1,189 62,253 78,010 inter'st.(vl8stft) 66,033 79,199 D'bt&int.net(I>ia6(/it]/) 14,928,864 261,886 28,068,791 9,861 212,126 {Liability) 28,658,930 37,703,238 Balances. .(Liability) 206,188,119 2a6,6'J2,068 76,381,099 ra,'.i9s,'j04 515,844 28.822,63)- 581.326 28,811,037 105,719,08! 101,640,587 . — (Asset) Assets not available- Minor coin Subsidiary silver coin... Aggregate net Asset TBE DEBT STA TEMENT FOR MARCH, of business on the last 1886. day of March, April 1, 1886, according to the 1885. Amount Registered. OutstaudiTni. Coupon. $ 174,092,100 174,098,100 200.313.400 49,686,800 608,331,100 129,419,700 250,000,000 737,750,800 •64,628,512 215,050 14,000,000 •64,623,612 , J.&J. . Aggregate.. • 2,362,000 1 1,047,360,112 179,106,300 1.240.681.462 mature Jan. »4,380,000 Feb. 1, Due &Unpaid. t Q.-M. pension Jan. Int. Total. Option. Q.-F. Pacific RRs... J.&J. Interest. 17,754 559,168 t 870,460 937,500 910,715 7,377,508 58,063 2,160 105,000 969,352 84.659 1,570,351 10,261,971 Nov. 1. 1895; »3,680,000 Jan 1 1896 ; ; 8640,000 1896 ; $9,712,000 Jan. 1, 1897 ; «20,004,9o2 Jan. 1, 1898 $14 004 560 i 18, 1895 ' 1, 1,432,080,119 14.(87,884 The Bureau of Statistics has issued its detailed statement commerce of the country for the month of February, and the two and twelve months ended with Feb. 38, : Forthe2 Forthei2 Moiiths ended Months ended Feb. 28. Feb. 28. $51,102,423 $107,806,647 $649,599, ,630 2.140.135| 14.123 944 861,507 Foreign $51,963.93.1 $109.946,7>2,$«63.7li3, 574 56,682,650 104.091.832 607,711, ,701 $5,851,960; $j6,01 1,873 Excess of exports over imports 4,718,720 Excess of imports over exports $52,785,723 $131,800,523 $732,971 763 1885.—Exports— Domestic 2,ij72,483j 15,631, 438 1,154,69.) Foreign Total $53,940,4.2 $134,473,006 $748,603 ,201 81,248,304 604.489, 440 4'2.027,633 Imports Excess of exports over imports $11,912,789 $50,224, 'ZOa, $141,1 13,761 Excess of imports over exports GOI.O AND SILVER— COIN AND Bni.LION. $3,098,053 $11,883,,446 •S4,;i56.236 1886. -Exports- Gola— uoin 4,68' ,590 2,137,930 Foreign 1.298,073 $5,ti54,ii09 Total $8,235,983 $16,571 036 Silver— Dotu... $3,625,616 $18,445 ,203 $1,420,629 1,273,797 14,998 643 Foreign 571,867 Total $4,899,413 $33,443 846 $1,992,496 Total exports $7,616,805 $13,135,396 $50,014 .882 $986,384 $2,692,225 $22,374 648 Imports— Gold 17,S43 740 2,1(9,648 1,146,907 Silver $4,861,873 $40,218 388 Total $i, 133,291 $8,273,523 $9,796, 494 Excess of exports over imports $5,513,514 Excess of imports over exports ,088 $261,737 $33,084 $92,.533 1885.— Exports— Gold— Dom. 7,381 ,389 2,820,417 1,553,295 Foreign $3,082,151 $40,465,'47? Total.... $1,635,8 J8 $3,551,481 $18,429, 270 $1,027,712 Silver— Dom. 11,'207 175 1,181,628 579,770 Foreign $4,73 J, 109 $29,636, 445 Total $^,507,482 $7,818,263 $70,101, 922 84,113,310 Total exports $3,962,888 $30,972,,828 $1,887,965 Imports— Gold 15,5(52, 636 2,097,149 1,004.079 Silver $6,060,037 $16,535 ,464 $2,B9.i,044 Total $1,758,226 $23,566,,458 1,251,268 Excess of exjwrts over imports Excess of import.s over exports TOTAI, MERCUANUISB AND COIN AND BULLION. 1886.- Exports— Domeslio $56,879,288 $117,530,316 $679,928, 279 33,810, 177 5,551,862 Foreign 2,731,447 Total $59,610,735 $123,082,178 $713,738, 456 $.58,815,941 $I03,9.'>3,705 $647,930, 089 Imports 794,794 $14,l'.iS,473,$ 65,808 367 Excess of exports over imports Excess of imports over exports 1885.-:Exports— Domestic $54,795,968 $135,613,741 $784,485, 121 34.2'JO, 002 6.677.528 Foreign 3,287,764 42,291,269 $818,705, 123 Total $58,003,732 $14,919,677 $90,308,841 $r,51,034.90A Imports Excess of exports over import8'$i3, 164,055 $51,982, i28,$ 167,680,219 Excess of imports over exports^ . INTERB3T-BBABING DEBT. 8s, 1,417.«92,235 , The following is the official statement of the public debt aa it appears from the books and Treasurer's returns at the close 4s 1907. Q.-J. 4s refdg.oertfs. Q.-J. 1,494,873,335. 76,381.009 Total 88,280 Total {Uahnity) Int.on D.Col.b'ds pd {Asset) 1891. Total debt, less available cash Items. 153,900,148 495,136 3,568,051 8« . Imports Treasurer's transfer ch'ks and drafts outstanding. Treasurer U. ri., agent for paying Int. on D.Col.bds 4}i5 546,517,71'J Net cash In the Treasury 1886,—Exports— Domest io 10,558 Inter't 6,056,012— 646,617,717 1,792,587,044 rj,036,4l9 1,804,603,46* Total debt .$810,230,128 Less cash items available for reduction of the debt. 100,000,000 $310,230,128; Less reserve held lor redemption of U. S. notes For the month of February. 160,18?,157 demption account Redemption & exchange account P'V'ble ... 11,985,000 MERCHANDISE. 3,778,618 20,822,157 redemptionaccount Issue. 90,776,643 90,188,421 as follows Fractional silver coin re- Character of ... 10,958,328 8,323,972 new form adopted Gold certificates ... 109,924 160,224,118 Net balance ... 49,:5S.868 cess of redemp. .{Asset) Net Te9'rvQs.{LiabUity) Post OfHce dep't account. Net 346,738,641 Legal tender notes. &e. Certificates of deposit... of the foreign 100,000,000 . * 61,623,518-1,840,681,462 11,832.383 1,852,513,785 5,367,865 204,095 5,571,060 IMPORTS AND EXPORTS FOR FEBR UARY AND SOR THE TWO AND TWELVE MONTHS ENDING WITH FEBRUARY IN urn AND 1885. 17,842.032 Redemp. res'r.(Lirt6tii(i/) Nat. Bank notes in pro- Disburs'g OflBcers' bai'ces. Undistrib'd assets of fail'd National bunks Currency and minor coin . De«rease of debt during the month p'd. & coupons p'd . Debt, less cash in the Treasury, April 1, 1886. Debt, less cash in the Treasury, Mar. 1, 18S6. 1.662,507 Res've for red. U.S. notes. Fund iield for redemp. of notes of Nat. Banks Fund^lield for redemp. of Nat. gold blink notes Five p. c. f nd for redemp. of Nat. Banknotes p. ct. . 14,920,000 1,545,692 9,292,619 5,367,8«5 204,096 2,7o0 Matured debt Inter't on matured debt Debt bearing no interest Int. on Pac. RR. bonds BR. bonds, 6 ... 30,289,486 216,409 13,834,138 . — Pacific 86,028,058 86,849,668 cr.s.notes in treas. Balauces (Asset) PcTBLic Debt and Int.— Debt ... . 88,390,818 {UabUity) "g0,122,481 Net silver in treas y [Asset) 42,214,485 D. States notes Net Total. .... Debt on which int. has ceased Debt bearing no interest- 174,418.874 123,288,476 34,837,660 (Aiitt) 176,972,089 National Bank notes Deposits in Nat. Banks. , i $ 1 2,271,101 Certificates issued Certificates on liand $ 250.000.000 737.760,800 ... 174,092,100 315,050 Refunding certificates, 4s.. Navy Pension fund, 3s. ...1 14,000,000 144,164,038 Certiflc's, net. , t 4s Ss 105,637,060 stand'rd 174,7110,985 Certificates issued Certificates on hand debt— *Hs 151,379,524 BuUion Total silver Interest-bearing 249.801,088 139,308,060 38,671,010 Net golH in treasury. SixVER— Dollars, 6,956.01Z $546,517,717 Principal. Bullion 90,182,421 15.331,916 1 Gold— Coin. 11,925,000' 137,573,570 Less amount held in Treasurer's cash Silver certificates comparison: 28, for . . 1899. DBBT ON WHICH INTBBB8T HAS CBA8BD SINCE MATOBITY. Aggregateof debt on which Interest hasteased since maturity merest due and unpaid thereon, $204,095. ia $5,367 865 | ' 1 ' The following statement has also been issued, showing, by the values of merchandise imported into, and exported from, the United States during the principal customs districts, ... April 1 THE CHRONICLE. 1886.] 3, Tuonth of February, 1H36, and during the eight months eniled with February in both 1880 and 1H85; also the total stock of goods roiuaiuing in tlie (Jutted StiCea warehouses at the end of the period. 1886. mdlna 8 tnonthM Imporli. Balttmoro.Md.j BanKiir, Me... Bonufort, S. C. BoHtiin..Vtiui8.. I 977.H;» 7.h;» Export!, 92,810 8,640,264 45,(102 79,924 20.52,-1,8,12 84,(MI,85S 145,913 133,7)1(1 S 72,80 32.612 SU.nim' 34.04(},423j 33,108,207 625,1811 490,908 84,187,83.) 43,601.172 Brail's do San- Brunswiek.Utt. BumiloCk.N.V; 449.H03 Cbuiiipln. N.Y' itA.oa-i «fl.54H Charlosln.S.Ci .S.242 785 2.^350 34,140 1,151,138 4,217,360 3,861.993 1.081,118 858.018 6,910,7^3 1,296.731 l,««I,22i 870.057 l.S5i,80B 118.888 209,394 Duluih, Minn. 1,403 Galvi'!<t'n,Tex! Iliinm, Mich.. Key West. 215,008 308.205 9S354 7,o;l3,r>8t Chlci«...lll.... Betrcili, Mioh. Flii. 32.10.1 li)8.317 92S,801 401,881 8a,133 50.0AS «u,r)»2 3(1.078 10,07 i 1,7S»,.S.'52 710.559 1,644,239 418,770 404.727 55»,733 5«;),459 114,0871 5.277,5116 513.814 911.969 293,877 915,n33 672,520 818.099 231,841 1,018.981 13,479, 139 17,; 10.001 1 .783,3:)0 4,0:18,913 1,.871(.(110 2,881,5;? 1 1,0(2,51) 11,728,898 ,578,7116 15,490,413 5,455.33; 192,442 649,6011 6,314,81.3 220.435 1.811,201 1.817.2.38 44.7161 2,339.913 .4(1^1 »,oai 58,152,4:19 0i,91,>),272 Now Oirns.I..a 895.e.o! 8,SH 1.0111 5.17l.,'J72 Yiirk.N.V 'a8.»»t,74l !2,314,»al 274,402.847 2ol,0'.l2,9.*i: 210,898,091 234.487,191 42,U871 58,831 170,0'ia uo 2,llil,79i 2,719,(138: Niagara. N.Y.. 121,721! 113.7.-.6, 8,172,0891 13,891,235 98fl,34S NurfcJik. Va... wfim' •.12,47i I, i; 8,001 l,8il3,939 140,0119 21,309 llOSU OroKon.OreB..! 2.1S5,458 1,3«'1,418] 1,061,202 t,S8'l,0U9 184,223 110,-2tu' 0»woi?a'ie,N^Y 4.6:<a,103i 1,115,599 1,014,618 4,M3,!t83l 7,777 Oawego. N.Y.. 42,022' 589,763 231,810 1,112,89) 181.492 8,171 Paso del N.,Tx 269.775! 373,947 325 994 337.267 27,010 15,416 Paasam'dy.Me I,271,4n8! 19.4ii:i 41,993 1.107,2.'i0 1 281.3 i") Kl.Tai Penaacola.Kla. Philadel'a, Pa. 3 095,819 2,0J7,B89' a3,45J,869 17,82!i,I!14 22.1157,0821 21,631,951 603,408 2,296.3281 2,721,913 8l».4r>8 608.410 33,958 Portland, Me.. 168,1188 1.500,610! 1,980.415 515, ^OSi 142,01131 PugetS'd.W'n 9,27.} 2,32(1,2118' Z,40:i.i79 in,ioo IB, -.98 244,128 1,537 Rlchmund, Va 24o,«70! 90,038 90,0« 327,418 2B.479 6,881 Salurla. Tei.. 8ftn FraiL.t'al. 3,(I9S.306 3,284,490 23,290.70) 22,274,078 19,<' 83,508 27,718.191 503.085 17,4s7,338 19.8)6.786 S49.8BS 73,4731 1.191,5441 fiavannah, Oa. 1'21,157 3,667,800 922.012 3,9J4.880 312,697 VerraOQt, V't. 114,a89i 554.0.'5i 221. ,333 3,935,3 '3 8,212.836 2«7,J9S WUIaiuette.Or 54,065 100.081 3.591.S20 3,892.124 878,l87| 181.248 Wllml'g'n, N.C 33,010, 74,656 1.609.083 2.859,235 D8,143 388,368 Yorktown, Va. 14,498 Mlnn's'u.MInn; Mobile. AU... SM 747..'«7, ( Now i I ! AU other CUHtoiua dlstricta and ports 952.034 277.5.SS which has the 7,448.342' 7,891,809 3.187.860 4,540,308 for the trade proopect. community, if carried out in a proper spirit. The high railway charges have always been serious ofasiaolea to cantile The rates flxed for the conreyanoe of goods have been (K>nBiderably in advance of those on Continental and American lines, with the result that the indtuh tries of some districts have been very injurioiuly affected. Bat then the cost of construction here is so very much heavier thaa abroad that high tariffs are necessary to insure a fair return At the same time it may be reasonwould not be a wiser policy, even for the railroads themselves, to be content with a smaller return in the immediate future and trust to the development of trade to bring about a gradual and permanent improveon the capital expended. ably questioned whether Bemainiua KemainliiK $26,739,236 in warehouse Fobruivr.y 2^. 1886 In wii»oliousc February 28. 188.5 .$38,058.4,49 BATES OF EXCHANGE AT LONDON AND ON LONDON AT LATEST DATES. MXOHAneB AT LONDON-Mar. Orv- BaH. Time. Amsterdam. 3moa. 12-2»4 «12-2% Amsterdam. Sight. 120(1) Wl2-lifl HamborK.. 3 m08. 20-54 »20-.'>7 .. 20.>4 »20-57 BerUn Frankfort... ** Vluima .( Trieste *' Antwerp .. ,. . St. Pet«r8b'g Paris Paris Genoa .. 20-54 12-70 12-70 25-35 24 Short. 25-15 Time. Sou. Mar. 18 Short. 1205 Mar. 20-42 20-42 2»-42 12-57 Short. iMar. Mar, '(*12-72i9 Mar. •»12-72i« Mar. »25-10 Mar. 823''3 Hbort. 25-20 24I32 25-16 Mar. IS 3moa. 46-50 Mar, 3 mo8. 111-00 Mar, Fel. t'rs Mar. Mar. Mar. Mar. 80 days 4 mos. 4mo8. Mar a25-22is Mar. 3mo8. 25-32 ij1825-37 Ij «. 25-4719 925-5214 Madrid •' It 45^ 945°g 45^ 34558 .( 521 ,«52 Constant'ple Calcutta New York... Latest Date. ®20-o7 Cadiz Ltebon Alexandria Bombay JSXOHANeK ON LOlfDOH. 19 Dem'd " Is. 61i«d. Is. eiiftd. Is. 529.i2d. Is. .".iSiad. it ment, rather than by imposing high charges to stifle or conany given centre, and possibly compel its ultimate migration to the sea-coast in order to escape so When the question comes to be severe a handicapping. thoroughly examined, it is to be hoped that it will be left in the hands of practical men, and that the legal element will not be too thoroughly represented. The financial influences now bearing upon trade are of a somewhat uncertain character. There is no scarcity of money^ nor is the commercial demand at all brisk; but the bullion movements have of late been of sufficient importance to tract the industry of attract attention, the |58,682,650l61.983.930l4l0.9)-,35e 380.753,9!;4l461 ,860.738 540,328,919 Totals under the guidance of a Oovernment the nation, the (wttor will it b« real support of the development of trade. 496,2'in S'i.33l, 28, 1886. 7,H48,S7i 6,(03,230 5,28(1,074 nb. 1886. 1886. 3.«o; 8 months ftuH»g 2« Jfrll. POUTS. political affaln are Mr. Mundella'H bill for the better regulation of railways and canals should not be unprolitlc of good results to the mer- BXPOBTS, Customs Dis- Fkbkuabv. 417 Bank and bring the an advance in more prominent notice. possibility of rate at an early date into Omitting altogether what would be the effect of carrying oat Mr. Gladstone's policy of settling the Irish land question b^ the creation of soma £200,000,000 of consols, as not having yet entered the domain of practical politics, we have to consider what will be the influence of the introduction of the new French loan. Although a large portion of the £60,000,000 will be absorbed in consolidating existing liabilities, an important sum will remain to be raised which may lead to some Liberal remittances have rather free bullion movements. of late been coming to hand from Nev*- York, but they will not be of much use in satisfying a French demand, should it The Bank of England has already been denuded of its arise. supply of French coin, and a fall of 2 or 8 centimes in the exchange might lead to the withdrawal of bars for Paris. We could not contemplate such an efflux with indifference. Our stock of gold is rather under £22,500,000, and it would be wiser to retain it at about its present level than permit anydecided reduction and afterwards be compelled to adopt extraordinary measures to re-attract the metal. The initiag tion, therefore, of a strong inquirj for gold on Continental account should be quickly followed by a rise in the Bank rate. The Bank of England weekly return shows some important The liabilities are distinctly heavier than those shown in the return published a week ago. Public deposits [From oar own oorresuondent.] have been augmented to the extent of £1,031,031 by the London, Saturday, March 20, 1886, revenue collections, which are invariably depressed during nothing The week has not been an uneventful one, and yet Bpecial has occurred to vary the aspect of trade. We must the closing days of March, and there is at the same time an HouK Kong. BhanKhal.... acknowledge, however, that there prevailing. The volume is a less 4-87'4 3s. 37ail. 48. 7^d. confident feeling of business remains contracted ; but it is thought that the prolonged severity of the season will account for the check to operations, besides bringing the distress in certain branches of industry more prominently before public notice. When spring is fairly upon us and atmospheric obstructions have been removed, we shall at least be better able to estimate what our real situation is, and what has been the loss from this exceptional winter. But, unfortunately, while that hindrance is passing away we are threatened with other troubles, and these of a political character. The difference of opinion amongst the Cabinet respecting Mr. Gladstone's Irish p ilicy may bring about a serious disruption, which cannot fail to have an unsettling It is by no means a sound argument to advance that such an unsettlement will be merely transient. Until confidence is thoroughly restored a really brisk trade cannot influence. be established, and the longer this is delayed the greater will be the inclination of commprce to run in proper channels and proportionately greater will be the difficulty of recovering any portion of business thus temporarily lost, owing to the rapid growth of foreign competition. The sooner, therefore, home changes. increase of £2,924,196 in private deposits. the account " other securities" have been On the other side ot augmented £4,000,- Floating balances have apparently been increased from The decrease in bullion was only precautionary motives. £116,005, and the loss in reserve only £50,455; but owing to the marked increase in liabilities the proportion of reserve to 120. has been materially reduced, namely, from 46-48 to The present ameunt of the reserve is £14,585,000, or about £3,685,000 less than at this time last year; the year ago stock of bullion is £22,455,000, or £3,400,000 less. at this time the Bank rate was reduced from 4 to 3>^ per cent. The rates for money have been as follows : liabilities 41-17 per cent. A Jnttrett Open marlut rata. ttUomd for depoiit* kt BankBUlM. Tradt Bttlt. London JMnt Dfe-tWt moek At TtaU Stz Thru F»yr four atx OfM. Oast. Itonttu Mone»u Months Montha Mont A > ItonOu Banlu. Thru F«b. 13 8 " 19 2 " 26 8 Mar. B 2 • 12 2 " 19 2 imni i}<»l« m-i - 2 <aaH 2^*3 1M91M t«»2« 2M»SM 1M«- m» - 1 «1M !«• - IM«2 2 «2M 2Ma>N 1«« 1M«S a «SM a)«(»3 1M«- 1H9 1»»!«(»- 1«* - 15«» - 1M<2 2 «2X aMiaa 2«*2« 9«»8 l'(» — !«•• - 2 la - IM IX-IX 1 M 1 -I 1 1 IH-lit I IX-IX IV-lX 1 . : THE CHRONICLE. »418 The following return shows the position of the Bank of England, the Banlj rate of discount, t'le price of consols, the price of middling upland cotton and wheat, and the Bankers' Clearing House return compared with the three previous years: 1886, 1885. £ * Otoonlatlon.exclucllng 1883 1884. S £ ,. 7-day A other bUls,. 23,619.605 23,342,545 24,023,165 24,774,665 9,738,870 12,351,401 12,945,357 10,156,225 PubUo depoBlta 25,493,828 24,783,.'i74 22,982,337 22.93><,070 OtherdepositB 13,381.623 Govemm't securities. 14,560,349 14,651,^01 12.453.083 24,697,681 24,567.616 22,701,003 21,981,178 Other securities Kes've of notes & coin 14,585,426 18,270,442 16,979,269 13,596,059 Coin and bullion in both departmentB.. 22,455.091 25,862,987 25,252,434 Prqport'n of reserve 49p, 41-17p.c. 2 p. c. 100n,(d. pliabilities Bank rate Consols 47 c. 3 y'aP-p- 22,620,724 p. 0, p. o. lonsifd. „?8'4d, o 3 p. f 102d. 40''8 p, 428. 2(1. 37s. 7d. 3ls. 4rt. 29.'<. 9d. Eng. wheat, av. price 5d. 538d, 4i«d. 5=8d. Mid. Upland cotton.. 9%fi flssd. OMA. S^d. No. 40 mule twist.... OleM'K-Houseret'n "134,098,000 123,496,000 123,916,000 147,294,000 Messrs. Pixley bullion : : & Abell write as follows on the state of the market erioration of prospects, owing to continuous cloudy weather '" '' in a good deal of rust. which "" has resulted At the end of Jan uary slight falls of rain occurred in the southern and eastern districts; but these were not of so much harm as the cloudy ~ ' weather, which preceded and followed them. In no district from which returns have been received is more than an average outturn anticipated, and the estimates from the southern districts range between 9 and 13 annas. The export trade has declined, and prices — show signs of rising. " Berars Estimated acreage under wheat quite up to the average, which is 807,305 acres. Rain in December gave promise of an excellent crop, but in January came cloudy weather, and this, as usual, caused a blight to "attack wheat, and that, under rrigation, has specially suffered. In seven taluks a full average crop is expected, and in the remaining fifteen taluks the estimates are from 12 to 14 annas. The crop will soon be ready for reaping." The following return shows the extent of the imports of cereal produce into the United Kingdom during the first twenty-eight weeks of the season, the sales of home-grown produce, the average prices reached, and other items, compared with last season : been a strong demand since our last for gold, for pain, Franee, Holland and India, and although the arrivals have been of importance, only the sovereiens to hand, amounting to £6H,000, have been sent into the Bank; the balance, together with £497,000 -withdrawn from that establishment, has been exported. We have received «100,0C0 from New York, £50,000 from the Cape. £32,000 from Australia and £^,«00 from India; total, £190,000. The P. & O. steamer has taken £20,000 to the East, and the Galileo £50,000 to Buenos fjGold— There XLH. [Vol. IMPORTS. lias glider— The price improved to 46%fl. from our last quotation of 46%d., owing to a small order on English Mint account coming on an almost bare market, which price was afterwards maintained by a demanrl on Spanish account: owing, however, to the small allotment by the India Council yesteiday, the rate has given way, and we give 40i3i(i<l. as tills day's quotation. The only arrival during the week has Ixen obuut $50,000 from New York. The P. & O. steamer baa taken $19,000 to Mexican dollars have remained steady during the week atl5%d.,at which rate about £105,000 per Oaxaca and Ville de Brest was sold. The quotations for bullion are reported as follows: SILVER. GOLD. Ixmdan Standard. Mor ». 18. Mar. a. t. m Bar gold, flne.. oz. 77 Bar gold, contain^ SOdwts. Bllver.oi. 77 11 77 11. London Standard, a. Barallver 9 oz. Jfar. 18. Mar. 11 a. a. 1885-6. 1884-5. 1883-4. 1882-3 25,8S3,002 30.512,717 34,930,201 9,715,198 10.345,6Uf> 10,238,150 5,4 18,080 5,722,833 6,791.206 7,836,902 l,0s>i,039 1,075.381 990,171 1,219.690 Beans 1,827,462 1,958,3^0 1,433,(149 1,398.411 Indian com. 14,359,857 12,0 >5,233 11.8«0,442 8,647,917 7,44ii,747 Flour 8,763,877 8,373,631 9.415,800 Supplies available for consumption in twenty-eight weeks Wheat ....owt. 26,489,496 Barley Oats Peas 7,267,321 (exclusive of stocks on September 1) 1 Total.... 58,997.886 34,930,201 9,415,800 23,755,472 64,031,950 68,101,473 1882-83. 46 IS-U IngSgrs. gold..oz. 47 8-1! Cake silver ...oz. BOH Mexican dol8...oz. iSH Bpan, 8,Am.(loubloons.oz. 60,736,335 1883-84. 30,512,717 8,373,691 25,195,512 The following shows the quantities of wheat, barley and oats disposed of in the leading markets of England and Wales during the first twenty-eight weeks of the season, together with the average prices realized, compared with last season Bar sllrer.contaln77 lOJi doubloons. oz. 188485. 88.5-86 Imports of wheat, owt.26,189.496 25,863.002 Imports of flour 7,446,747 8,763,877 dales of home-grown. .25,061,643 26,109,456 1885-86. 47« Sates. ibH 1883-84. 1884-85. 60 7-16 Av'ge Price *»^- f^& ^^ Sales. s. d. The grain trade has not developed any fresh feature. With Wheat, qrs............ ,747,217 30 4 1.820.267 32 5 1.756.552 39 4 2,6J6,09i 9 32 29 8 2,706.457 31 9 2.816.363 the change in the weather, the hardening tendency has been Oats 289,565 18 9l 321,616 19 8 243.725 19 8 relieved, and wheat at the finish was not eo strong as at the BnsilHli Piuaacial aameiH— fer Vable. opening. Notwithstanding the very backward condition of The daily closing quotations for securities, &c., at London all agricultural operations, the market has never lost its handare reported by cable as follows for the week ending April 2: d. ». ». d. 1 to-mouth character. All attempts to infuse speculative life into it have signally failed, doubtless in great mea-^ure being due to a want of confidence in the power of holders to retain their grain. Deliveries of home-grown produce have of late been above the average, and have decidedly exceeded those for the corresponding period of last year. Foreign importations for the past week rather looked up, being 680,895 cwts. of wheat, against 459,200 cwts. last year. The markets in consequence have been better supplied, and this fact, assisted by the change in the weather and the fall reported at New York, have helped to check the improving tendency. It is some satisfaction though only a poor one to know that the imperial average price of wheat has recovered from its lowest point. A week ago it was only 39s. per qufirter, but for the week ending March 13 the returns showed 29. 9d. per quarter. Although values, judged from a statistical standpoint, ought to improve, the chances of their doing so in any decided manner in the early future are very faint. The Revenue and Agricultural Department of the Indian Government has issued the following report, dated February 18, on the prospects of the wheat crop in the Bombay Presi- — — dency "Scind Jjontion. 67=8 ... 9138 stock 2578 142% minols Central Pennsylvania... •^4'e Philadelphia & Reading 103 'e Hew YorV Central Canadian Pacltlo. ... Ohio. Mil. iSrle, Guzerat — Corrected area for Ahmedahad iio.OUO which brings up thn whole area of Guzerat to average; crop generally hejiltlty; no rust in Broach as was feared, but smut Deccan Revised area 1,100.000 is prevalent in Ahmedahad. acres, or 300,000 acres above average, but rust is reported from insufficiency of moi^t all districts, though nowhere severe ure in pa-ts of Khandeish. Karnatic Area 47,5,000 acres, as — ; — against 350,000 acres average condition of crop very gooi, in spite of prevalency of rust. The type of rust this season is not severe, and present bright, clear weather, will probably enable the crop to recover." ; Hon. Wed. Tties. 6-i 90% 05 14 55 26^8 14/34 55 12% 12>4 10413 I2ia 1105 lO.'il^ 46Uie x90 142% FH. Thurs. 10 3, „ 100»18 I'.OT,, 100 14 1003i„ 1009i, S0-42>s S0-2j% 80-50 114=9 11458 114% 12:73 128 128% 67'. 68 68 "8 26I4 26 3i 143 I 4R% 46% 91% 92% ASt. Paul..., common 4611,8 1005,8 1007,8 80-55 1141a 12838 6758 S938 27 18 26-78 142% 14219 55 14 55 1238 IO5I4 105 1258 GPommcrclal and J^aiscellaweaxts ^cwa — Government Revenue. Through the courtesy of the Secretary of the Tr- asury, we are enabled to place before our readers to-dav the details of Government receipts for the month of March. From previous returns we obtain the figures for previous months, and in that manner complete the statement since the beginning of the fiscal year for 1885-86 and 1884-85. OOOs Omitted, — Area returns incomplete, crop reported heiltbyand promising. . I : acres, Sat. niver, peroz <* 46% 46% Vinsols tor money 100»,e 1005,6 Jonsols for atrount. 1009|a 1(1(15,„ Pr'oh rente»(lu Paris) fr 80-.'=.O 80H5 0. 8. 4i«soriS91 11 58 0.8. 48 of 1907 1277e 127''s Cua- Inttr'l MUc'ls toms. Revive iknttrc's $ July i I6.ai9 8,501 % Total. 2,047 I 28,767 August 17,-.; 9,071 1,704 28,aM September. October 17,52-.J 10,446 S.003 29,971 17,816 11,953 1.5«6 »0,8S4 NoTO'itber 13,057 9,2r,0 8.074 25,381 December 14.486 9,603 1,729 20,75s January February 14,409 7,904 2,6:19 24.MS2 16,171 li',17" 8,270 9,595 1,631 Muroh 2.:w5 85 84,093 ll',.',97 Total 9 mtmths.. 144,! 89 Cus- Inter'l toms. Refl'iif i 17,451 t 8,668 Total. Sources t 8,165 18,114 17,662 9,506 9,987 1,630 18,759 11,728 11,558 10,167 2,112 8,862 9,455 1,822 14,546 i4,oue 8.668 1.990 26,972 8,1<90 l,9-i7 » 1,0,1 l,5,^9e 8,8110 i37.10U 81,031 ;4' — 3,417 1,646 1,5-^5 t 29,274 31,867 29,229 28,038 22.238 22,8:« 26,108 2S,01S 26,311 10.204 287,408 Bonds Ueld by National Banks, The following interestThe Department haa also issued the following reports, dated ing statement, furnished by the Comptroller of the Currency, amount of each class of bonds held against national Februaiy 17 and February 19, respectively, on the prospects of shows the bank circulation and to secure public moneys in national bank the wheat crops in the Central Provinces and in the Berars We gave the statement for March 1 depositories on April 1. " Central Provinces Returns have been received from only in Chronicle of March 6, page 293, and by referring to that twelve out of seventeen districts they indicate a decided det- the changes made during the mouth can be seen. : — ; Apbil 1 : . U. S. BoiuIm Dt»eriplion of Boiult. 8«, 4*9 |H-r BelU April 2,2i7,0ii0 4 per cents Total. The followinK 18 a staUtinent of the ezportu (exolualTe o from the l.'"!l "'Now York to foreign ports __ for Ui« week ending March iW, 1886, and from January 1 to date" dMur»- Total Held. $122,691,750 3.565.000 40,243,350 120,000 Otiiits to 3.II85.000 1883. 1884 I 1H85 1880 5:,4!10.3,10 8.I8S.00O 114.2l6,.5.'iO 12,2,404, 5.%0 $is,-<:)n,ooo .f!28i<.716,6,\0 «308 516,6.0 in Leoal Tejjdeiis and National Bank Notes to April 1. Tlie Comi>troUpr of the Currency has furnished uh the r»Ilo\vinK, slion-in}; the amounts of mUioual bank nuten March 1, together with the amounts outstanuinff April 1, and the increase or <lecresi.se during the month; also the change* in legal tenders held for the redemption of baak notes up to — 1 •zpuaxn rsoM Haw roan roa thh itkbk *130,')flil.7.^C' Ohanoes April 419 specie) Cireulatton. $S:iTr,,ooo tin 1888, 1, Bank Publle DepntiU in Bunkg. Aot July 12,1883.. Ckiri'ouuy : . THE CHRONICLE. 1866,] 8, . . . ' For the week . $1,63H,427 61.747,729 $,(,824,232 ::,i:oo,i74 $1.21111,444 »84,483.205' »68.380,li\B $78.030,«0« $60.489,788 $5.75'h,.;0!) . Prev, raportnd 73,724,886 . Total 19 weeks. The following Hhows the oxports and importu of iipeci* at the port <jf New York for the week ending Mar. 37. and since Jan, 1, 18fc6, and for the correspondinK *^ periods in l«8 and 1884: table ZPOBTS kSD IltPOHTS )r sraoiB at hbw tokk. : \atiintttl Itank Snitg— Aiuoiiiii (,iiiHiiitiilliii: .vfjtri'b 1, Ainoiiiii isKUi'd iliii'iiiK Mii-cIi Auioiiiit rvtlit'tl during MnrcU Auimiut outstanding April txporlt. Imports. aoui. 1886. $317,748,371 $1,340,990 3,195,883 1, 1886' 1,854,893 Week. ireat Britain ........... '''ranoe... $31,%891.478 ... Wetk. $.501,990 »6,70.'),098 532.900 6,233, .'.HO 99,305 323'36o 665,589 2,771,838 268,1^49 6,381 27,0"h0 li',676 lenuany Since Jan.1. ' 98,357 1.127,813 321,316 717.098 349,209 10,553 105,06$ S,2»6 $1,358,190 116,786,317 29,0^2 3,676.169 2,694,787 13,568,790 $386,295 $2,410,885 15.284 4,627.68.5 169,176 325,007 •Vest luilles Leoal Tentler yolrji— Anioiini on deposit rr> redeem national bank uolis Miiti'li 1,183:> Ani«>iMit drp(i>it('d during March Amount re-Usued ii b'uk notes retlr'd In Mar. Since Jan. 1 \Iezloo $51,698,884 jonth America UI other oonntrles... $7,e8<).707 2,893,413 Tatal 1886 Total 1886 Total 1884 1.787,294 Amount on deposit to redeem national Imuk notes April 1. 1886 $56,486,178 Silver. * Circulation of national sold banks, not included above, $340,049, According to the above, the amount of legal tenders on deposit April 1 if ith the Treasurer of the United States to redeem national bank notes was $o(>,48f),178. The portion of this deposit made (1) by lianks becoming insolvent, (2) by banks going into voluntary liquidation, and (3) by banks reducing or retiring their circulation, was as follows on the first of each of the last five months: Depotitt by- Dtc. Jan. 1. Feb. 1. 1. March Aprd 1. 1. $ 896,836 Insolvent bks .596.210 850.206 792,066 874,036 Liquid'lV bks 12,77s.O10 11.973.»69 11,586,237 11,148,232 11,453,829 Bedui 'K und'rj act of 1871*27.951,121 29,73-i,607 34.152,988 39,758..5.S6 44,158,313 Total • 141,325,341 42,600,412 46,539.431 51.6a8,881 56,486,178 Act of June 20, 1S74, aud July of March, 1886. Denomination. Value. 6 EaglfM Hart eaeles jouth America Ul other countries. ThreiMlDllars... SnarttT eagles oUarH . Three MonlTia of 1886. Total gold Btaitdard dollars Hall dollarH SUBiter dollars 66 47 41 201 40 179 1,690,362 10,111,497 7,800,360 7,800,360 1801 3t^0 90 360 ISO 90 360 360 360 36| 609,060 60,9C6 2,601,440 2,600,686 8,410,140 7,861,536 1,374 1,374 1,374 69 1,374 1,374 1,374 69 14 124i 4.122 124 6.218.O;.0 10.104,624 17,977.157 4,! 41 22 3,226.054 I 41 14 luruKTs AND EXPOHTS FOR TUB WEEK.— The imports of laet week, (compared with those of the preceding week, show a de.rpm<e in both dry iroods and general merchandise. The total imports were ^7.213,189, against $9,196,390 the preoeaing week and )|8.8!)7,357 two weeks previous. The export ~ for the week ended Marc 30 amounted to 4,2(50,411, agai' st 16,115,6.32 last week and 5,419,846 two weeks previous. Tli. following are the imports at -New York for the week ending (for dry goods) Mnr. 25, and for the week ending (for genera inerclmiulise) Mar. 26; also totals since the beginning of the ftm >A Date. 569,719 291,088 3,9,:6,528 47,000 110.009 8,980 4,074,006 $55,290 34,8S3 05,260 276,911 1,246,479 $349,22S " " 29 30 " 31 Payments. Coin. jOoin Cert's. a 854,875 128.141,418 o! $ 9«7,460 1,294,791 1,282,262 1,207,848 April 1 1.134. 248 •• 2 4,375.631 .. 10,282,240 Ourrenej/: jtt 1,015,767, 128.10S>,0«3 l,462,n:t4 12-^.038,396 822.790 I28.0o2,789 1,63 1 ,994 128.01^,238 4.654.987|127.974,92l! 49,264,S20 4H,530,600 49,478,630 19,658.930 4y.73.^.0 10 49,840.330 13,190,945 13,23ti.544 13,178,909 13,:!,59.275 J12 S0i,969 10,442,947 12.488.640 .... ......... ' Includes $258,000 gold certlticates taken oit of t ash, called to the card of Mr. J, P. Wintrin^ham in to-day's Chronicle, in which a revised list of quotations for insurance, bank and gas stocks is given be also sends us a copy of his circular, which he mails to parties wishing a weekly list of specialties in these lines. is — Anction iSales. The following were sold at auction week by Messrs Adrian H. MuUer & Son, 13 Pine Street this Shares. SAore*. 150 Merchants' Nat, Bk.,N,Y,133'4 150 Eqnitai.le Gas Light Co. 158i«-'s ofN. Y. ex. div 19 8tei ling Fire Ins. Co oSHi 5 N. V Cuncert Co, (Limited) *10 $ sh. 12 Ri. hniirad Co. Gas Light. 82 60 Kleeeker Streei & Fulton Ferry KR Co 30 65 Drv Uoik E ihi Broadway 151 & Batteiv KR. Co 20 l>mg iHland 8afe l)c|iOsit 80i« 15 Prov. & Stoii'ton 88. Co 170 10 Bank of the State ot N.Y.128 42 Yonkers GaH-Lliilit Co 46 8 City Fire Ins. Co 'OU. S FireluM. Co 10 Couimercial Fire Ins. Co 30 2H Howanl Ins o.. ol.l stk. 60 50 Cent al frum Co 390>a 10 K E^it. Exch. A. Au. tion Room (I.imtieil) 102<a 10 Union Ferry C 168 10 R. Est. £AOb. & Anction 100 Room (Llmitid) 60 Bank of Amerl a ...168% 3 N. Y. Conceit Co. (Lim- , i . ited) $6 VsK IcS lOPaeiUcFire Ins. Co 4 Fourth Nat. Ba. k 130 16 Hamilton Fir lux. Co.. .Ill . N. Y. Eqnital>le Ins. Co..l«5'a 10 Eagle hire Ins. Co 251 10 Mercantile Fir.' In". Co.. 63 14S 2 Niagara Fire Ins. Co lOAmrilcau Fire lus. Co... 156 117 137 273 Farmers' Loan & Trust. lOi-lO 3l S.-eoll.l Av. RR. (N) ...199»8-% !•• 2,500 8t Jo-ieph I>-ad Co. ot St. Francis Co., Mo 73 ganUiag and ^iuanjciaX. t^k in January W^fJc. l)r> '*<i«Mi8...... G«nM iner'dlse.. Total Sinrr ./rin, Total 12 1883, 1884. lnh5 *2,77,s.2'i5 $2,10,5,084 $2,027.31 6,496,221 •9,271.506 6,606,18 ' $8,711.2 4 5.509816 $7,537,134 1, Dr)' UiK)dH Qen'l ui, r'dise. iVMeli<i. $37,058,257 73.915.629 $3 I.6<9.=,(Jm 73.46 ;,9«8 m l".97'.88'i|«lo-.l 1^.5fif' «27,-70.725 60,110.156 «7,S-i0.88 United States Governmeut aud other desirable SECURITIES 18^6 POB INTESTORS. $1,635.-16 5.5 7 373 $7,213 3 Is;* ,010825 b9,36!i,4 1,l '101.4 ll>,238 report of the dry g.HXls trade Will be found the of dry goods for one week later. li, ..UI pona $3,508,965 17.5,588 9,792 18,201 12 33,527 Receipts. Mar. 27 FOBBIOM IMPOSTS *T ItBW TOBK. /or $267.3.50 43 29'.2'8,5 ; 3.617,260 Total minor 39',iV4 $...... Of the above imports for the week in 1886, fo,048 were A.merican gold coin and $6,041 American silver coin. Of the exports during the same time |1,500 were American gold com and $4,300 American silver coin. United (ttates Sub-Treasury.—The following table showa the receipts and payments at the Sub-Treasury in this city, ae well as the balances in the same, for each day of the past week : — Attention 2,600,360 One cent i',700 . Total 1886 Total 1885 Total 1884 * 2,600,360 Five cents Three eents Total coinage 31 332,847 1 357,192 620,492 UueS Total silver.. 1.031,020 2,585,83ft 179 $ 11.250 81,103 Pieces. 120 103.102 517,167 22 16 134,,507 Vest Indies Xezloo Total Double eagles.. $3,209,464 6,700 1.350 2,600 Balances. : Pieces. $256,000 ierman 12, 1832. Coinage by United States Mints.— Tlie following statement, kindly furnished us by the Director of the Mint, shows the coinage at the Mints of the United States during the month of March and for the three months of 1886 JfO)i(A ^reaiUritaln ^ranoe. ....... ....... iii. and luiiids It.sted on the Sew York Stock Etcii m ,'o eiitht on cniiiniiH.Hiiin foi- ca^h. Ueiiiwii aeeounis leeeived aud interest allowed on monthly li*Ul) All ntocks and .<old sobjeol to draft at xlght. HARVET PISK 88 Nassaot STBEirr, & Naw SONS, York. . ghz ^ The following Railroads. Cent. Payable. 2^ rpg. stock (quar.ii do Do Slnux Citv & Paclflc, pret United New Jersey (qaar.). i jMasa 1\ 3 >« 2>a 3 Banks. Gallatin National JAprll Insurance. North River ! April 6 Apiil to Apr. 14 11 to May 2 1 1 to April 5 of the strike on the Southwestern Gould railroads by an agreement to arbitrate. This is good, not only in the particular case involved, but also as a precedent since each solution of labor troubles through arbitration is a step in the right direction and leads toward an ultimate principle of arbitration on — This will finally commend itself to reasettled basis. sonable men in this country as the fairest and most practicable method of adjusting those inevitable disagreements between employers and employed, which must from time to time come some up, as long as the world goes on and the question of work and •wages continues to be with most people the engrossing subject of existence. The stock market is naturally dull, as spring trade is not particularly active, and the outlook in several of the markets The grain and for staple products is just now quite uncertain. flour trade has been on what seemed to be bottom prices, and the main question in the immediate future will concern the next crop in this country and the demands of England and Europe during the coming year. Cotton will also be much influenced by the course of afiairs in the next eight weeks, during which time the extent of last year's surplus will be more surely determined, and the temper of Liverpool as to buying may be more clearly developed. The petroleum market •would also appear to be near bottom prices, as a decline to TO cents for crude oil seems to be all that is warranted, even admitting the increased production that is expected in the fields. Altogether, our markets throughout are on a basis of low prices, so that any considerable change ought to be towards a higher range, and therefore beneficial to present holders; although this should not be interpreted as indicating the expectation of a speedy or large rise in any of the speculative mentioned. The open market rates for call loans during the week on stock and bond collaterals have ranged at li@5 per cent, and to-day at 2i@3 per cent. Prime commercial paper is quoted ai 3J@5 per cent. The Bank of England weekly statement on Thursday showed a loss in specie of £8.5,536, and the percentage of reserve to liabilities was 39}, against 41 3-10 last week; the discount rate remains unchanged at 2 per cent. The Bank of France gained 14,410,000 francs in gold and 3,585,000 francs in silver. The New York Clearing Hotise banks, in their statement of March 37, showed a decrease in surplus reserve of |4,615,(i50, the total surplus being $12,797,150, against |17,412,800 the previous week. The following table shows the changes from the previous week and a comparison with the two preceding years in the averages of the ^ew York Clearing House banks. articles 1885. Uarch 1884. 23. March 29. Itoansanddls. $356,058,600 Dec.«3,6'i(),700 $500,981,200 $34«,293,7no ------- 66,990,900 Bpeole 79,084,BOu Dec. 5,084, 01 ^04.7,^2,800 7,989,t'0n Inc. Circulation... 173,500 10,899.700 14,3d3.8no Net deposits. 380,-264.0 l)eo.ll,17'2,600 3,'i:<,443.9u0 346,709,800 Legal lieuders. 28,778,70U Deo. -J, 324,300 32,029. 9J0 27,405,000 Lefial reserve $95,066,150 Dec $2,793,150 $d8. 360.975 $86,677,450 Beserve held 107,863,300 Doc. 7,4U8,800 136,782,700 91,401,900 Borplna $12,797.150 Dec.$4,61.5,650 $48,421,725) $7,724,450 Exchange.— Sterling exchange has been uniformly dull all the week, with no feature except a temporary hardening of rates on Tuesday, when posted rates were advanced \ cent, •which was lost again on Wednesday. The continued low rates preclude the probability of further gold shipments for the present. To-day the rates on actual business were as follows, •viz Bankers'60 days' sterling, 4 86i@4 86i; demand, 4 88i®4 88^. Cables, 4 88J@4 88}. Commercial bills were 4 84i@4 85. Continental biUs were: Francs, 5 16j@5 17i and 5 14|@5 15 • reichmarks, 95^@95i and 95J@9e; guilders, 40}@40} and 40i@40|. The following were the xortat tlie rates of domestic uader-menttoned cities in gold for various coins: —The following are quotations "' — Sovereigns April 10 April 3 to April 9 IHffer'ncesfr'm Previous Week. Demand, Sixty Days. 2. 1 STREET, FRIDAY, April a-5 P. Itt. The Money Market and Financial Situation.— The most encouraging event of the week has been the termination 1886. : Primebankers'sterllng billson London.. 4 87 4 89 Prime corameroial 4 85ia»4 85% Daonmentaryoommeroial 4 8.5 34 85»4 PartB(francB) 5 171935 16''gl5 15 ®5 14SS Amsterdam (guilders) 4038*40718 409,8® 40e8 Frankfort or Bremen (relchmarks) 953e>»95'« 95%a95'^e Coins. WALL March 27. discount. rates of leading I)anker8 are as follows {Day inclutive.) April 15 April It April 1 April May April 1 1 April C April 5 April April 10 April 7 ! The Bookt Cloud, When , 25@40 Chicago, Per $2 50 G«or>ria (ciuar.l 1 Long Island (qaar.) I'a New Lnndim So. (quar.) 1% Pitts. Ft.W.& Chic, speoial (quar.): Vermont* ; IVIDBNDS. European & North Auietlean XLit premium selling J premium; Charleston, buying par, selling 1-1C@J premium Boston, 17@20 premium; New Orleans, commercial, 25 discount, bank, $1 50 premium; St. Louis, par; dlrldead'* have reoently been announced: Ifame of Company. [Vol. J ilpaukcrs^J^aiettc. ,„,.„„,. new : THE CHRONICLR 420 _ 2 . . exchange on to-day: Savannah, New ®$4 89 $4 Napoleons 3 X X Belcbmarks. 4 XOuilders 3 Hpan'hDoabloon8.15 Met. Doubloons.. 15 86 86 74 96 55 55 Fina gold bars Fin» silver bars .. Dimes* i« dimes. 99i«<» 1 — « « ® 4 00 Oi^e D. I par. - 99%® par. — 95 — 80% — — '7314a — 74 Peruvian sols English sliver .... 4 80 ® 1 86 U. 8. trade doUar; — 82 a — 85 — — Do uucommerc'l. — Mexican ®15 65 ®15 65 parS^prem Ol''i<t 99 \9 93 ® 80 a 79>«a silver Hs and 'as. Five francs 3 90 4 80 8. dollars.. siiverdnllarh par. — United States Bond<;. Government bonds have been modand generally strong in tone, the 4s being espec- erately active ially so. The closing prices at the N. Y. Board have been as follows 1S91 ...reg.Q.-Mar. 4138,1891 4s, 1907 ...res. Q.-Jan. 4»«8, 3s, 68. 6s, 68, 6s, 68. • 29. 27. 30. 31 1. 11214*11214 "1121,1 11219I 1121a 11214 11238' 11238 11238 1121s *ll2'2*112ia *125i4*l25>4 12.1 1«! 12.5 'fli 12638 126ie :26i4*126i4 126 •a 12b''8*xl26 1261s MOO'a '100% lOlls'101'4 •xuos^ •101 •126%i'127 127 i*127 •127 14 •I2714 *129 •129 •1291s *129 •129 •1291a | Q -Mar. .coup. 48,1907 : March\Mareh March Varch April April Interest Periods. 1 1 .coup. Q. -Jan. option D. 8. ..reg g.-Feb. our'cy, '95. ..res. J. & J. our'cy, '96. ..reg.'J. & J. our'cy, '97 ..reg.l.(. & J 'ISm '1311s *131!i8 *131l4 •13119 •13158 •134 19 •13413 cur'oy, '98. ..reg.'J. & J. n34i9n31is »134%/1S4 cur'cy, '99. ..re?.'J. & J.i>136is|*136isn36'>8i'136 •IStjifl •1361s This 1 Is the price bid at the morning board: no sale was made. and Railroad Bonds. — State bonds have been com- State paratively dull during the past week, and transactions have been restricted to the following |46,000 Louisiana consol. 43 at 72}-74; $60,000 Arkansas 7s, various issues, at 20-25; $5,000 Virginia 6s deferred at 9J; $40,000 do. trust receipts : at 9i-}; $1,000 South Carolina 6s, non-fundable, at 6}; $1,000 Missouri 6s, 1887, at 103i; $4,000 North Carolina Os, 1919, at 118-i; $5,000 do., special tax, at 10. Railroad bonds have been only moderately active, on some days the dealings being quite dull. Prices have ruled strong, however, and while there have been no conspicuous advances, a generally higher range than last week is noticeable. The closing prices and range of a few leading bonds are annexed Closing. Name Jf«r.26 Apr. N. Y. L. E.& West.— 87% 2d consol. 6s,ex. Jane,'96,cp f nnd. cp. 5s Do do West Shore, guar. 4s Canada Southern, Ist guar. Ss 91 10213 "105 86% do 2d 58 Do Mo Kaus. & Texas, gen. 5s 77-'8 90''8 gen. 69 do Do consol. 78.. •II313 do Do lO.j Gulf Vol. & Santa Fe, gold 68 97 Northern Paeiflc. 2d, coup.. 6s . R me Waterfn & Of,'d.,con. Texas & Paeitlc, Rios, Cs, cp. Do * do Bid price inc. ; Range since Jan. 1, '86, of Bond. no A land gr. 88I3 90I3 1021-2 106 87 79 93 13 115 104 95 .is. 92''8 93I3 oflF. 5'-' 53 39 7s 37% Lowest. 76'8 7714 10114 IO314 Jan. Jan. Jan. Jan. 84 Jan. 75 Jan. 88 Jan. 113 Mar. 86% Jan. 9112 Jan. 871s Jan. 45ifl Jau. 361s Jan. Highest 92 Mar. 96i4Mar. 104 Jan. 108 Feb. 93 13 Feb. 83 Feb. 96 Feb. 118 Jan. 106 Mar. 9Si4Mar. 97 .Mar. un's Feb. 42 Feb. sale. — Railroad and Miscellaneous Stocks. The past week has been a very dull and uneventful one in the stock market, business being very restricted in volume, and fluctuations The course of prices has again been slight and unimportant. largely influenced by the changing aspect as to the railroad strikes, the tone of the market being irregular as a rule, though tending upward. The market has been halting, on account of the uncertainty in regard to the outcome of the strike and the general dulness now prevailing, and transactions have been left mostly to room traders. A generally better feeling than last week has prevailed, however, and most stocks record an improvement, on account of the practical termination of the Southwestern strikes by agreement to arbitrate. A significant fact, too, is that on some of the lines at least freight is said to be moving as usual. Other features have been less important, though they have The coal stocks, after ruling strong early in the week, were depressed at one time by the failure of the presidents to announce the percentages to be allotted the companies partial recovery has since taken place, in symrespectively. pathy with the improving tone of the market. Union Pacific has been a feature, advancing considerably on the favorable exhibit of the annual reptwt, which shows a handsome surplus over all fixed charges. Late in the week rumors were revived of an early settlement of the Trans- Continental differences, under which Pacific Mail was advanced and the whole market improved to some extent; and subsequent reports on Friday said that the officials had ap)iroached near to an adjustment at had their effect. A their Thursday's meeting, and had assented to have Mr. Fink as The cutting of freight rates arbitrator in case of arbitration. from Chicago by the leading Northwestern lines was a depress- buymg ing influence for those stocks. — . . . . Apbil 8, THE CHRONICLR 1886.J 421 NEW ¥OBK STOCK EXCHAXQE PRICES FOB WEEK ENDING APRIL 'J, AND SINCE HIOHI8T AND LOWBVT PBtCES. Batorday, Mar. 27. Monday, Mar. 2B. Tuaaday, Mar. 30. 30% 40^ soag Active Hit. Stocks. eUVt 6G38 38(^ 3I)>« 48>4 40>4 rnoltio ruiiii'ln .Simt lii>rii'. Jorney C<Miiiiil cif Cculnil Piiilllc Now AOblo CbesoiK'uke Do Do Istpref. .. 2apret 60 4014 sole 48 41 41 •0 10»a 16>a IQij 40% 41 10% 11 Itfia 12 12 41 10 17 17 lOTg 11 16>a •11 1-12 Alton 133 1331c 134 >a 8718 8814 87 % ClilcuKO Milwaukee A St. Piuil. 120 prcf. •118 1191a 119% 1)0 ig 107 10658 106 103^ Chloago A Northwestern ISH^ 139 14 ... prof •13.5 Do Ohionco Rock Islnnd A Pacltto. Xi2.1>sl24>£ 1261a 1271a OHl 11 CillcstoSt. Loulg A Pittslmr},' *27 30 pri'f. 1)0 3«»8 3736 37% 38 14 Clbloaffo St. Paul Minn. A Oiii 90^8 100 14 99 100 prfJ. Do 47 14 48 47 4G Clevplnnd CoI.Cln. A Inillauap. 32I4 Sg 3214 33ie 31 Ooluml)iif< lloiUInu Val. ATol. 128% 12978 Delawaii' .ackii wanna A Weal 127»a 129 Clik'iiKo 133 We 86% •118 105T8 139 •125i« 11 •27 373? 99 13 46% Lone [aland Now A Cliioago... Manliattau tllovatodiOOUgol.. MentpliiH A (Tliarleatou All). Do 10»a •22 •139 80 78 10>a IOI4 IOI4 5H pref. ATexas AOUio Na'ihr. Chattanooga ASt. Louis » 5T8 Do prcf. . . A 24 >s 1014 Hi's 8258 10% 89% 90 sg^g 341a 241a 10% 81% pret Do pref Ohio Central Ohio A Mississippi Ohio Sout hern Oresoii isiiort Line OreKon A I rau«-( ontlnental. Peoria neoatnr Evans ville.... Philadelphia A Reading Richniiind Roohester A Pittshiirir. 8t. Lonis A San Fraueiaeo Do Do •42 li 43 14 7014 18 43 Do pref Paul Mlnneap. A Manitoba Southern Paclllc Co 8t. Texas A Paelllo Onion PaclHc , Wabaah St.Louln A Paelllo.. OoloradiiCoal A Iron PaelticMail , Pullman Palace Car Co Western Union Telegraph , Kxpreas Stock*. Adams , American United States Wells. Fartro Inactive Storks. ^^u><iuehaiina Atchison T(ip(lia A Santa Atlantic Pacilic A Do Qulek.silver Do Homeaiake Mining Maryland Coal Co Central Coal Tenneaacc Conl A Iron 119% 119% •118% 22 268 6 lOij 21% 22 22 2»8 51s 781s •5% lOia •26 30 141a 39% 35 129 9 28ifi 2818 24% 2438 25 53ifl 55 54% 551a 158 158 23''8 25I4 27 17% 18 241a 253e 's'iia siia 2313 4514 7 519 9% 43 28I4 lOOg 10% 10% 10 25 241a 7 15 12% 83 8214 90 901a 91 91 39% 4OI4 1758 17', 43 43 7% 758 2638 59 59 60% 80% 33% 34% 18 18% 1858 7 215g 7 •7 21% 21''8 67% 18% 43% 27% 103% '45% 101% 7% 7% 2636 2568 .39% 15% 15% 26 60% 60% 34% 34% I8I4 I8I4 7% 7% 34 •1758 7 •21% 21% 22 •9 9% 10 28% 28% 28% 29 28 241a 54'8 2468 2514 2538 25% 53 56 38 55% I514 •23 1514 •1% 23% 27% 26% 26% 18 20^8 lO^a 2214 241a 25''g 23% 2438 26% 28% 21% 22% 24 24% 76 76% 32 13 32% •31% 32%! 32% 32% 9 32 32 28I4 261a 9^8 7% 22 14 10 14 15 22 •18 •42 14 1238 81% 90% 38% 68% 68=8 18% 18% 44 45% 28% 28% 714 15% 15% 314 24 128% 128% 127 14% 15% 25T8 •1768 23 12% 13% 83% 12 245e 151a 9=8 559 82 231a 151a 21 2% 6 82% 2318 •19 2% Si's 1014 42 14 43% •21% 22 28 14 28% IO6I4 107 107 107 12 15 •45 •4514 48 48 102% 102% 10238 103% 32% 33 14 514 I.. I 1,'jo: 514 21 43 I 314 •18 42% 99% 101 51 ij 51% 109%! 107% 116 ! 11%1 37% 11% 4ti'8; 4658 37^ 9 •18% 20 9% •17 2538 3658 .35% 1% 1% 24 2258 13% 22 27% 2858 2238 24 27% 22% 24% 23 77% 77% 30% 3238 •3% 3% 5% 21 •18 42% •I214 2358 78 30 •19 21 43% 42 101 101 101 101 32 14 32% 33% 3158 109 '4 109% 109 II714 II714 116 38 14 3834 39% 39% I214 11% 48% 9% 48 10 19 9% 10 49% 11% 48% 10 ij 19 18 1214 9% 14.0001 OMMar. 26% Mar. 35% Mar. 118 138 138 8 14 10 145% 146 !«145 105% 103%! 106 148 63 122 <U 122 63 118 I'llS 9058 90581 •8 8%| 10(i I 8% 07 16% '11 16%l 15 •12 17 "15" -II 16% •16 8% 8%, 14%l -11 •le 19 160 I 154 7 213% 213%' 21314213% 215 18% 18%! .... 213 18 38 38 67% 68 37 67 137% 137% "•4" •20% 39 67 ; 66% 66%] 63 69 138% 138% 6% "•4 6% •4 7 •20% 32 •20 22% 5 •36 39 93 40 16 16% 17 28 16 •23 17 •10 •11 8% 8% I I •20% 22 •23 145 15 13 "10 •11 40 1668 28 17 16% 16% 23 •10 11% 12% •11% 41 41 28 13 13 41 1638 •26 ' *27 39 •4 20% 48 144 147 103%; 64 122 260 101% Z-^i. • 8%| These are the prloeo bid and asked; no ss'e was made at the Board 41% 41% 42 f Lower prloe 1,100 eb. '"1 in. Mar, leb. 12 ; 2 3 l.-i Mar. 2 Feb. 17 Jan. S 13% 33% .Ian. 5 42% Feb 16 Jan. 18 27% Mar. 12 Fob. 8 Jan. 2 111 Jan. 18 108% Fob. 13 Feb. 23' 31% Jan. 1411.30 Feb. Jan. 28 106%JI«r. Feb. Jan. 13: 66 Miir. 26 123% Fob. 7% 97 Mar. 29 101 1 1 Feb. 13 20 160 ^05 13 , 7 22 16 2S 1 9 9 12 12 26 15 9% Jan. 5 iMur 23 .3 29 60%. 6 5 2 137% Fob. 1 144% Feb. 20 S7%Jan. IM 93% Jan. 14 100 215" Mar. Mar. 21 lOSij Jan. Feb. 23 67 Jan. Miir. 23 137''s Feb. Mar. 24 73% Jan. 15 J.in. 29 14% .Mar. 2 Mar. 24 22 % Jan. 5 25 154 .Mar. 29 160 Feb. 17 5 .Mar. 28; 146% Jan. 11 132 310 213% Mar. 31 2J0 Mar. 9 275 17 Fob. 21 21% Mar. 6 400 22 Jan. 2S| 40 .Mar. 16 1,900 .30% Jan. l.S 6il.% Apr. 2 63 132 '4 Jan. 9 139% Mar. 10 6% .Mar. U H Jan. 6 Fob. 9 23% Jan. 13 21 Mar. 30 7% Feb. 17 5 10 200 38% Jan. 4 46 Feb. 3 86 Jan. 5i 93 Feb. 16 Jan. 12 Mur. 100 6.712 100 100 1,771 Is 62% 25 119 ' •10% 12% •10% 12% •10% 13 •10% 12% 11% 11% •10% 12% 42 . i 40 •16 16% 16 '23 •24% 28 1638 9 — 16 28 .li.n. Jan. 6 IVb. 18 0.-,% Fob. 16 97 .Mnr. 2.665 43% Mar. 24; 60 Jan. 2 32 10,351 27 Mar. 24I 38% Fob. 17 126% 308,280 113 Jan. 10jl:!3% Feb. 13 14% Jan. 22 20% Jan. 2 23 700 21% Jan. 18 26 Jan. 7 2% 4,990 238 Mar, 6% Jan. 2 11% Jan. 2 5% 1,100 5 Mar. 84% 5,323 67% Jan. 81% Afr. 2 1938 Jan. 23% Feb. 1 1238 Mar. 16 10% 1,307 8 Jan. 36 .Ian, 6 25 Mar. 143% Feb. 140% 1,080 138 Mar. 28% Jan. 24% 6,670 21% Mar. 18% Jan. 13% 6,623 8% Mar. 8238 199,770 70% Mar. 90% Feb. 91% Mar. 91 1,530 80 Jan. 39% 24,100 36% Jan. 23 45% Jan. 100 32 Mar. 25 41 Feb. 127% 9,054 120 Jan. 2 129% Mar. 31 32 600 30 Jan. 10 3s % Jan. 4 24 7634 Jan. 2 68% 2,330l 645gMar. 24 22% Jan. 4 16% Mar. 18% 1.320 -45 1,830 40% Mar. 24 51% Jan. 4 28% 32.»i02 2338 Mar. 24 32% Jan. 2 105 8,119 100% Mar. 24 114% Jan. 11 17 Jan. 5 14 Feb. 50 Jan. 7 48 200 46 Jan. 107% Feb. 13 102% 47,735 9935 Mar. 10 Jan. 5 7% 3,550 4% Mar. 23 Jan. S 3,025 12% Mar. 28% Feb. 17 26% 83,670 23 Jan. 64 Mar. 3 60% 1,600 50% Jan. 43% Jan. 28 34% 14,063 30% Mar. 411 17% Mar. 21% Jan. 4 8% Jan. 7% 3,358 6 Feb. 24 Feb. 22 G,028 17%.Ian. 8 Mar. 11% Jan. 10 310 30% Jan. 28% 1,400 23 Jan. 29 Jan. 2358 4,356 23% Mar. 61% Jan. 56% 102,353 53% Mar. 2 Feb. 550 1% Jan. 1% 26% Mar. 23 1,825 21 Jan. 19 Jan. 650 13% Mar. 26 Mar. 200 21% Jan. 3434 Jan. Mnr. 2838 70,212 23 24 Apr. 10 Mar. 44,065 23% 24% 39,781 18% Feb. 5; 31 Mar. 75 1 82% Jan. 14 Mar. 600 78 31% 1,000 30 Mar. 24' 38 Feb. 2 338 Jan. 16 5 Feb. 15 15 Mar. 24; 2334 Jan. 25 21% 4834 Mar. 24i Jan. 7 100 42 44 245 97% Jan. 271 105 Feb. 9 101 is; 56% .Mar 16 5238 8,170 37 Jan. 735 99% Jan. 26 1 1 1 % Mar. 16 11'*% 25. 19 Feb. 411 106% Jan. 11 40%| 3,430 30% Mar. 17, 40% Apr. 2 1458 Jan. 2 11%' 10.515 10% Jan. 81 50 161,311 44% Mar. 2l| 36% Jan. 2 Jan. 2 9 Mar. 12% 10 2,109 548 17% Jan. 25 22 5g Jan. 2 18% 100 97 213 39 63 143 106 151 36% 38% 66 66% •4 I 148 147 103% 103%| 103% -62% 61% •62 63 64 '118 122 120 1* •119 143 106 1 6, 'o:»| ; 148 106 03 121 1:11 'Jl! i 24I4 24% 243g 25 24 21% 25% 24 24% 3,234 22 24% 25% 24 1,977 98% 109% 110% 109% 110% 109% 109% 1071a 1071a 108%109i4l 100 13 10238 102% 103%! IOOI4 101% 101 14 1023a 1011.llOl''6 100 10138 29,113 87% 1.200 21% 2414 24I4I 23% 2334 22% 23 9014 98I4 98% 2,330 93% 96% 9314 91)38 9(j%! 97% 97% 9758 9.8%l 96 .^.0% 5158 50 14 50^8 51 5138 .33 32% 5438 285.790 49 50 503s 51 403 .29 132 133 130 130 132 132 133 133 130%130%i 131 131 66 66 '8 66% 6738 63% 6(i%| 66% 6738 6658 67%! 64% 06% 91,132 62% 145 105 Miir, 19 32% 31% 128% 123 80 2578 28I4 2438 54I8 Fnh. 17' 0«i4.rnn. 14 808 14% Mar. 24 21% 13% BOO 10% Mar. 211 ll-.'i 13% 143 100 130% J"" 134 14 133% 133% 0,305 129% Mai 8858 86% 87»8 217,968 85% Mar 119% 119 119 603 118% Mar 106 '4 107 108 60,205 104% Mar. 139 138% 139 700I135 Jan. !- II. 127 127 127 860 124% Mar. 27 131 80 141a 251a 98 100 100% 99% 98 5II3 5238 5158 50 31 IOC la 108 109 109 108 1141a I14I2 11513 11358 116 36 14 36 13 3714 36% 35 III4 1158 11% 12%l 11% 45 le 46 45% 47 43% 18 ... 2% 2% 67% 68% 701a •III3 •45 lOlia 102 14 8 I6I4 2818 2313 2714 66% 11% •17 •13 391s 40 la •33 35 I28I4 129 13 24I8 104% 106 103 28 prof. Virginia .Midland Cameron Coal Oonsi'lidatidii Coal 87% SHls 4214 •11 III4 19 39 43% 40 24 , prof 18 139% 139% 139% 139-% 140% 34 14 25 Tg 2658 59 '8 601a 3313 3414 1758 17% 154 MlningCo III4 30 14 48 1 17% 17% 22»8 9 137% 140 Do 1880, 1, BIglMMl Loweal. Bbarea. 106%' 1(16% 1071a 106% 139 139 1381* 139 126is| 126 120 •185 •10% 12% 11% 11% 11 11 11 •27 •27 •27 32 32 32 32 39 'j 39% 38 14 39% 38 3814 39>a 101% 102 101 101% 991a 100 14 101 48 '4 49 47 47»8 48 47% 48 70 223a 151 Rlcb.A Alleg., stock trusi ctfs. Bt. Louis Alton ATcrre Uautc. llifl M7ia 871a 1191s 18 7% •13 prcf. A Essex 41 66*4 40 '4 12 13% 112 142 •140 133 la. 1.13% 134 U 133% 7014 7% 14 A West 49% 1138 0658 I39I3 2368 21I4 11 11 8II4 32 91 91 1281a 126 7H 7% 21% 22% 7% A Minnesota Lake Shore * 33I4 171a Fe Cenrral Iowa. Cliiiaiio A Alton, prcf Cli veland A Plltaburg H,arlom Man lun tan Beaob Co New 60 32I3 I713 N.Y'. .\ir-Line, pref Cellar Falls Morris 60 •02 A Co Albany A Mil. 25% 19 Consolidated (;aa Co Delaware A Hudaon Canal... Oregon Iniprovenicnt (.'o Oregon Railway A Nav. Co... ,fc 2514 91a Do pref BHnoellancons Stocks. Bo.sfn •13% 141a •19 •42 8t.PaulA Duluth Ilia 8314 27 '8 2756 27=8 2838 106i« 108 1041a 105 •Ills 15 •46 46ifl 46% 46% *3 prcf Ist pref 1^4% 41 nij 17% 13 13% 161a 1. 40% 39% 32 66Sa Danville..; .V RiehniM A West P'ntTerminal 25 90 '4 90 14 3958 40 126% 127 Western Do Northern PaciHo •91a •25 . New York Lake Erie A West'ii. Do pref. New York A New Enelaua New Y'orkOutarioA western. New Y'ork Suaq. A Western Do pref. 258 •5% 27 New York Central A Hudson. lOlM 102 102 7I4 New Yoik Chic. A St. Louis. 6 61s Norfolk Bmi|« since Jan. Week, Friday, Apr. i. 66% 40% 48% 50% 41% 42% 66 Ig 67 1« 139% I39I3 139% 1391a 24 34's I2519 22 3 6 78 S^e Apr. 32 311a 311s 32% I2714 128 5g 128 129 (125% 23 I714 17% Misaoiirl Pacilto Mobile *7«ia 66>3 MiolHKan Central Ulunoapolla A St. Louis Misaonri Kanaaa - 5% 39 LonlsvllIcA Naahvillo Lonla. *22 3 'i^S^T' 32I4 I A KioOramle Do A ijdiHnu'Ut paid Eaet Tt'nncsauu Va. A Ua pref. Do EvansvlUe A Torre Haute.... Fort W.irlh A Denver City Oroen Kay Wluuua ASt. Paul. Hourtton A Toxas (.'eutral niinolK Ceutral Indiana KloonilnKt'n A West'D Lake lOrlc A We.storu Lake Hhoro A Mlcb. Southern. Denver Tbnnday, 66% 38% 48% 41 -138 HurliimtonAQulnoy 132 A ClilcnKO 188«. 1, of tbe STOCKS. CiuiiKliikii flitiM JAN. ex-dlvl lend. 17% Mnr. 10 Jan. Jan. 31% 23 Mar. Mar. 16% Mar. 2I| 15% Mar. 25 50 1 Feb. 16 Jan. 6 Feb. 16 Feb. 15 Mar. 1 ... . . . . . THE CHRONICLR 422 RAILROAD EARNINGS. and the totals from Jan. 1 to The statement includes the gross latest date are given below. earnings of all railroads from*which returns can be obtained. Jan. 1 to Latest Date. Latest Eaminge Reported. The latest railroad earnings KOADS. WeekorMo 1886, 1885. & 8. F.. January .. Potomac February.. Best. H. T. * W. 3(1 wk Moll 862,203 1,115,698 93,841 93,806 8.807 12,890 43,300 46,900 Buff.N.Y.it I'liil. 3(1 wk Meli 21,574 2,5,206 Buff. Eocli.A.Pitt 3(1 wk Mcli 59,340 5,5,482 Bur.Ce(l.R..S:No. 3(1 wk Mcli 92,000 Canadian Pacittc 3(1 wk Mch 128,000 31,603 20,299 Central Iowa... 3(1 wk Mch 261,169 292,910 Chesap. & Ohio. January 55,641 59,278 EUz.Lex.&B.S. January 117,266 115,518 Chee. O. & 8. W. January Chicago & Alton 3(1 wk Mch 144.115 159,504 Chic. Burl, tfe Q, January .. 1,386,721 1,992,484 40,447 37,787 Chlo. <fe Kast. 111. 3(1 wk Mch 468,000 469,595 Chic. Mil. (feSt.P. 3(1 wk Mch 463,300 439,100 Chic. & Nortliw. 3d wk Mch Ch.8t.P.Miii..tO. 3(1 wk Mob 118,100 106,400 22,713 28,198 Chlo. lit W. Micb. 3d wU Mch 49,240 54,323 Cln.Ind.St.L.&C. 3d wk Mch 47,307 52,337 Cln. N. O. A T.P. 3d wk Mch 21,748 20,980 Ala. Gt. South. 3d wk Mob 10,665 14,364 N. Orl. & N. E 3d wk Mcb 9,424 8,040 Vioksl). cfe Mer. 3d wk Mch 8,635 6,393 yicks. Hh. ii P. 3d wk .M(m 33,674 44,458 Cln.Wasli.& Bait 3 wk Mcli 9,242 9,.W8 Clev.Akron.tCol 3d wk Mch 156,954 138,419 Col. Hock.V.&T. IVbiuary. 13,489 13.393 Danbury vk Nor. F(.l>Miary. 10,778 8,920 Day. & frontou 2 wksFob DeuT. & Rio Gr 4i h wkMch 172,660 158,540 62,015 Denv. & R. G. W. February.. 61,080 7.811 7,904 Des. Mo. & Ft.D. 3d wk .Mch 20,661 Det.Lans'g.<tNo.;3d wk Mch 20,782 E.Tenn. Va.&Ga. February 341,386 311,894 Evansv. k T. H.jSd wk Mch 14,840 17,206 46.261 33,469 Flint & P. Marq. 3d wk Mch Flor. R'way & N. 3d wk J.in, 24,581 20,0! 24,519 Ft. Worth & Den. February. 25,932 Grand Trunk ... Wk Mcb 20 3 11, ,593 262,889 Gulf Col. &8. Fe. Februarv 141,535 85,708 IU.Cent.(lll.&8o) 3d wk Mch 205,800 236,711 Cedar F.&Min.|3d wk ,Mch 3,200 2,365 Dub.&Sioux C 3d wk Men 21,800 20,774 la. Falls & S.C. l3d wk Mch 14,400 13,820 Tot. Iowa lines 3d wk Mcli 39,400 36,959 Total all lines 3d wk Mch 215,200 273,670 Ind. Bloom. .feW. 3d wk Mch 50,001 60,222 Ind. Dec & .Spr. Fcbruaiy 29,401 31,998 K.C.Ft.S..kGulf. 3d wk Mch 54,545 49,828 Kan. C. Bp. & M. 3d wk Mch 31,037 35,736 Kan. C. CI. & Sp. 3d wk Mch 4,677 I,.Rk.&Ft.Siuith January .. 43,921 52,966 I,.Rk.M.Kiv.,feT. January 30,022 33,642 Long (inland 4tb wkMch 50,469 48,143 La. & Mo. River. January 35,740 45,163 Louis.Ev.&St.L. 3 wkH Mch 61,632 38,993 IX)ulRV.& Nashv. 3d wk Mch 246,485 284,935 Lotiisv.N.O. &T. February 137,820 98,443 Maine Central January . 187,12^ 183,194 Mar.Hougli.ife 0.[3d wk Mch 6,417 4,190 Mem. & diaries. February. 100,231 101,147 •Mexican C'ent'l.]3d wk Mch 81,000 84,798 *Mex.N.,all lines February, 122,777 136,536 Mll.l,.8b.&\Vest 4tli WkMch 55,255 33,410 Milwaukee ii No 3d wk Mch 12,950 12.869 Mlnn'ap. &St.L. January .. 73,695 122,562 Mobile & Ohio.. February. 147,570 164,494 Nash.Ch. &St.L. February. 184,652 174,919 N. Y. City & No. .Mcb 11-20 15,879 10,.595 IN.Y.L.Brie&W. February. 1,247,475 1,139,740 N. Y. Pa. & O Feliruary.. 447,075 341,007 N. Y. & New Eng. I'cbruary 270,924 226,097 N. Y. Out. & W. 3d wk M(;h 34,270 t2 1,991 H.Y.8us(i.& West ^Febru.ary. 74,382 0S,.503 Norfolk Si West 3 wks Mcb. 194,542 144,489 Nortbcrn Ccut'l. 'February. 430.961 389.049 Northern PaciUc! February.. 594,240 569,964 Ohio it Miss iFcliruarV.. 274,430 267,879 Ohio 8outlicrn.. February.. 43,979 43,541 Oregon Imp. Co. .lanuarr .. 193,022 233,124 Oreg. R. & y. Co. 3d wk Mch 84,769 74,996 Oregon Short h. January 113,2.50 101,418 Pennsylvania. February. 3,549,475 3,075.700 Peoria Dec.&Ev. 3d wk Mch 12,J3S 13.,501 Phiia. ik Erie Februiiry 233,026 208,200 Phila. & Reading Febru.iry. 1,949,243 1,794,645 Do C. A Iron February.. 726,776 969,622 Klohm'd &Danv.; February. 350,400 309,8901 Ch. Col. A: .Vug. Feb.uiiry. 86,400 81,093 Coluiiiliia.vGr. Keiiruary.. 70,3111 79,300 Georgia Pac. IVbrua- y. 52,69ll 63,864 Va. Midland .. I'cbi nary. 99,588 97,905 West. No. Car February.. 41,922; 33,016 133,746i 114,393 Bonie Wat. it Og. lanuary Bt. Jo. <fe Gd. Isl. 3d wk Mch 28,0911 33,196 Bt.L.Alton.tT.H.|3d wk .Mch 20,135 26,047 Do Blanches. !3(1 wk Mch 16.2901 15.816 8t.b.<SiSan.Fran. 3d wk Mcli' 87.766' 91,898 St.PauliDuluth 3d wk MchI 16,1971 13,790; et.P.Min..vMan Feliruary. 423,000 395,217 Bcioto Valley i'^^bruary,. 31,405 Boutli Carolina.. February. 120,034 121,494 Atch. T. Bait. <& I I . . . . i . . . i . 1886. Gal.Har.&S.A January , .. G.W.Tex APaci January liOuis'a West.' January Morgan's I.&T lanuary .. N. k'. Tex. .t M. January .. Tex. .v N. (jrl.i lanuary .. Tot. At. System! January .. Texas A Paeitlo UthwkFeb Tex. .t St. Louis 3d wk Mch _ 199,347 6,649 51,321 211,097 383,229! 346,363 39,828! 11,730 82.70.) '6.V.675 [Vol. XLll. New York City Banks.—The following statement shows the condition of the Associated Banks of New York City for the week ending March 27, 1886: Average Bonka. Loans anA 1885. > 1,115,698 192(313 82,809 Hanbattan Go Merchants* Mechanics* ...... % 11.878 10.208 7.437 9.092 286, 523 226.256 616,230 America Phenii 11.2(i2 2.6.52 Oi)0 550,690 1,319,358 264,976 261,169 59,278 117,266 1,117,341 269,535 292,910 55.641 115,518 1,557,541 1,386,721 1,692,321 1,992.484 370,57^J 347,744 4,223,315 4,279,683 4,358,000 4,2(!5,907 1,055, 6»;: 263,625 544,996 567,248 255,084 147,3,50 118,723 103.282 421,487 95.507 327,325 28,642 32,030 1,322,305 127,064 75,457 933,.595 215,552 523,708 53i).529 268,517 169,821 103,476 77,763 415,585 92,263 325,257 27,649 29,486 1,292,111 129,656 76,440 217,094! 198,975 663,418; 739,779 150,294 142,845 440,694 380,801 69,499 67,531 50,416 47,237 3,076,073 2,926,772 293,728 178,005 2,238,749 2,489,227 29,478 21,396 178,214 170,559 116,338 121,5.50 324,080 313,505 2,562,829 2,802,732 527,798 507,481 67,997 59,888 487,319 583,191 282,060 409,614 40,145 43,921 52,966 30,022 33.642 484,976 465,201 35,740 45.163 165,847 142.294 2,879.112 3,142,397 297,568 197.740 187,127 183.194 07,665 51.966 221,398 242,513 833,475' 848,406 245,010 263.198 339,588 247,139 120,943 114.632 73,0951 122,562 314,375 366.173 370,171 359.905 102,369 77.588 2,501,587 2,190,214 8.55,131 730,667 539,189 456,517 (225,738 303,868 156,032 139,170 635,238 570,025 831,084 793,265 1,074,570 1,123,546 548,610 568,179 88,769 88,650 193,022 233,124 765,030 631,314 113,250 101.418 6,971,011 6,333.222 137,639 158.719 451,856 430.217 4,004,826 3,641,011 1,611,136! 1,814,411 628,927 149,908 63.5,543 122,259 191,632 161,587 142,654 109,998 203.909 •76.111 ()6,s81 123.746 247,086 114,393 255,980 270,748 178,831 871,104 179,558 857,342 133,014i 245,084' 166,728 842,236 188,039 834,176 95,140 214,429 199,347 6,649 51,321 383,229 11,730 82.703 241,106 New York '6.5,07.5 734,978 662,363 734.97-s 662.363 112,416 99,561 861,773 736,073 34,092 23.221 304.248 218,180 Tol. A. A. cS» N. M,Febru.irv.. 21,694 17,129 Dnion PaoitlK... Fcbiuary.. 1,635,140 1,563,949 3.0'G3;169 3,2"38',898 Wab. 8t. h. & P.;3d wk Mch 2 -'0,9 11 224,612 2,600,9291 2,645,.5t4 JWegt Jeisey... February.. 64,026 50,914 132,5201 127,065 WiseoiisinCe nt'l 2d wk Mch 24.9.34 28.235 231.«.53i 24S.S24 Mexican (Mirrency '1 v'"^'°^' ?.' ***' Shore trains south of CornwaU no longer included J rsoi iiicludlng earnings of New York PenuBylvaula & Ohio road. % And branohee, 000 000 80O 000 000 Seventh Ward State of N. Y Americ'n Exoh'ge. Commerce Broadway 19 1,071.600: 2..U4.0O0 260,000 4.20c 493.000 ?l)5,5aO ltf:(.800 12.870,81)0 2. 170. < 00 97.!, 700 100 10,,817,400 90,000 .2- 1.694.700 611, 500 2[ 8.000 23.8ii2.300 3.4-(9,50O 271,000 834.9)0 101.200 101.100 878,100 221.600 184.000 253.100 4.198.200 1,882.800 M4.500 2:)7,400 302.500 277.900 SO.OOO 474.000 1.478(100 1,578,900 583.000 604,100 IHO.OOO 292.200 4S».400 IHH.OOO 302,800 629 000 328.800 278,500 339.400 349,000 .403.900 .160.500 ,216.900 Republic 4.27'.t,,Sl)0 7.11,800 Peoples* l,76i,,100 106,400 42S.800 North America Irving Cltlzena' ...... Nassau Market . 3.2 Po . 89.000 ;,8J0,900 703.100 624,100 344,800 674,200 240.400 600 1,905 000 Nicholas shoe & Leather.. St. 62-1.100 .4 .S.841,.100 10.013,,100 2.8:H,,1100 2.737,,500 2,6 >5 ,800 ... Hanover Com Exchange 5.673 ,1110; 7»7,()00 7!»1.800 Continental oriental Iraporters'A Trad. 4.7r8,,300 802,500 ;.930 .000 SOti.OOO 3.1S4,,000 20,792 ,0001 4 .0I8.OOO 21.2IW .8001 4 .747.000 170.000 1,1)72, OOOi 214.300 1,221, 1001 Park North River East River Paurth National.. 17. SOD, 000: 9,036, 000 First National . Third National ... N. Y. Nat. Exch.. German-.Vraeric'n. Chase National... Uermania ... 1 Seaboard 1,407,,300i 2,03H. •00! Sixth National.... 1.62i),,900^ 341,000 Total 26>i,000 271,000 488.300 152.900 118.900 974,500 45,000 222,500 180.000 182.000 36,000 45.000 390,000 178,100 221,500 180,000 45.000 4'ii,ti00 45.000 109,600 4,'208,300 2,001,000 1 6.000 11-0,000 356.058,800 79.081.600 28,778.700 380.264,600 7,989,600 totals for several Specie. \L. Ten-iera. $ S Dec! 2 339,720, 800' 94,019,500 ' 19 337.574, 300 92,8 18.100 •• 26 336,938, 300 90,938,200 Jan. 2 339,909, 800 ,89,721.11)11 " 9 339,87 3, 700 93,082.100 " 16 338.34 .900 97,072,-JOn " 23 .138,897, 700 98,284,300 " SO 337.934, 700 1002127011 Feb. 6 339.392, 000 !l9,147,201l " 13 344.628, 400 98.103,000 " 20, 318.103, 800 9 7.000,7(10 Boston Banks. weeks past: Depoaite. Oirculation Agg. Ciear'gs $ $ 29, 009, 300 37.8,121, 800 10,082,,500 28, 303, •illll 377,502, 000 10.003, 700 27, .'12, 7oo; 373.953, 000 9,9'24, Kill 200 31, 117, 700 33, 419, 400 31, ,287, 400 33, ,432, 100 33, ,507, 600 33, ,382, 000 33, 407, 700 SI 157, 200 ,603, 700 1H4, 700 ,103, 000 2,8, ,80,8, Feb.27! 349,077, (lOOj 92.343.01)0 Mar. 6 354,,33.^, 900 8'i.732,000 " 13 368,888, ,i00 87.203.000 " 20 359,685, ,.<00 81,109.100 " 27 356.058, 80lH 79.08 (,800 ,778, too; 378,939 300 383.397, 000 389.90.', 600 3,-9.832, 700 389.951, 700 390.304, 900 390,080, 800 3*5.0;)1, 100 390,232, 100 393,299, 600 3.)5.374, 800 391,137, 200 380,281, 800 751,110,421 811.5113.673 838.731,152 9,979, 800 808.087,197 9.851, 800 716.037.817 9.804, 000 832.5!l7.285 9.890, 4001722. 308,330 9.,399, Olio 018.188.909 8,844, 300 778 938.451 i 8,01», 900l 711,70 1.958 8.185.,700 8"3, 189.847 8.860, 100 570.3.(9,180 7,882,,311(1 874, '207,589 7,090,,500'5S1, 309,879 7,818,,100,032.118,086 7,989, 000,083.711,343 — Following are the totals of the Boston banks: Loaiu. Specie. $ $ Dec.l2 151.450, 100 •• 19 151.110, 000 •• 26 153.(113 900 10 430,000 28«.30O 98,300 217,000 185,700 133,200 1,830.700 XdOaru. 1886. 212,200 216.100 133,100 458.500 180.000 301.900 264,800 ;,926.20f. The following are 1886. 5-3,200 3'i6,10O ,02('.800 3/1. iOO 3'<7.3O0 West Side 1,040,1100 6,402,3)0 21.001.300 6,382,300 1,10D.900 2.221.800 2,580.900 2.615-800 4.409.000 3,913,900 2,800.600 2,650.000 4,620.100 2.721.900 1,747,400 1,617.400 ,027.000 394,800 45,000 2,104,300 4,370,700 11,841,600 3,093,000 3,122.300 3.212,700 3.020,200 1,791 200 3.685.000 4.944.500 5.442.200 2.061.100 23,188,000 26,284,100 1.974.000 1.033.100 18.000,600 9,945.000 238.000 523.400 354.500 319.100 , 3,2^6 ,800 2.7'22,800 6.8H9.100 4.73t<,800 499.1100 l.lJS.OilO 101.6 810,100 46.000 45,000 3.4B9.000 7,350.100 457, (.100 ()!I5,300 4.3;<3, 300 •-•,092, s.ool 1.462, i)OC l,17i:. 30C| United States Lincoln Oarlield Fifth National.... B*k of the Metrop.. 3.600.500 16.167,000 15.3111.400 188.000 128,S0O 1.285.600 955,300 270,000 2.n.l00 2,24 1, 900 2,233, HOO (German Exoh'nge. 2,600 472,500 13,400 1,I'29.700 •2.143.800 3(56.000 3.541, .00 3.569, 000 Avenue 1.183.400 3.137.600 233.000 2S7.000 555.000 303.000 1,088.000 410.400 67.800 536,100 201,000 1.68'J.OOO 13i.;<l)0 ,212,51)0 »12.f.00 807.»i10 6,7()0,,200 1.201 .000 2.354 200; 2.014 400 2.820 0>0 Bowery N. Y. County Fifth 3 ,23 i.300 2 .l'2li.000 3, '.07 000; 1 ,091,000 5,726 •J 00 1 ,137.-,i00 030.100 20.141 800 Central National.. Second National.. Ninth National... 9.048,2,)0 152,200 1.878.000 MM 1)83, 8.150,000 (110.500 Chatham Paciflo t5,000 s.a'/s.ioo 76!,'.200 8,499,,100 «,7»S,,500 ,600 6,776, UOO Mercantile 10,631,000 2-13,000 3.0U1,,»00 B,54l.,600 1.79,').,800 1,610.,000 l.O.iu,,200 3,33.j.,300 1.125,.200 3.733,.400 :7,^b3,.000 Leather Mannt'ra. n. 403.000 424,000 317.(100 2.0 2 2.,400 1.120.,20" Gallatin National.. Butchers'* Drov.. Mechanics' & Tr.. (-Greenwich t I 823,000; S35.O00 e,D42 2)0 33-). ClrcuUf Uon, other t>i,m u. a. .2v:;.oou ,4411.400 Tradesmen's Pulton Chemical Merchants* Exch. 17 Xet DepoHtM S ,218.000 .955,000 ,593.000 City I I ,718.600 10, 110.4001 lo! ,371.000, '.",,456,000 ; 53.893 ,600 153.703, 200 10, 810,000 ,991.100 153.702, 500 163.831, lOOfU 302.900 154.050, 200111. 201,100! 151,494. 8(l0!ll. 284,001)! 151,740, 400 11. 287,100 " 20 155.474, ,300 11 ()t)8,500, Feh.2; 135,201, 900 11. 015,500; 982,90111 Mar, 6 164 .879, 400 • 13 ;i55.S7l, 500 991.2(111; •'* 783.600 20 155.551, 9011 " 078.0001 6 151.-,;87, .00 Jan. 2 •• 9 " 18 •' 23 " 30 Feb. 6 " 13 L. Tender!.' $ Deposit).' iCireulation' Agg. Clear'gt $ I $ 2:10,300 111,257, 900;21, 141.600 181,100 112.832, 300 21, 271.800 000 21, 131.600 113.82S, 900 21, 13'<,200 113,010, 900 21, 203,000 111. '200, 800 21 096,901) 1!4,231, 300 ''20 ;773,1()0 U3.53G, 200 20, 0^9,300 H(ll,.iOll 115.952, 700 20, 231,000 3 -(1.100 1 15.793, 400 19, 013.200 8-7,Ol)0| 115.728, 000,19. 502.200 OtS.'.'OOl l;5.9»7, 900 19, 139,200 352.700! 111,638, 100 19, 152.200 !88.800! 115,271, 300! 19, 220,500 309,7(11); 114,592, 100 19, 170,100 121.^00 111,971, 1 00! ID, 055,800 247,900 781.400 632,900 015,900 715,000 790,700 Philadelphia Banks. -The II '2.840, 84.19P,954 81 908.842 60.363,360 81,647.295 97,218,116 85,137.869 8-.'.888.606 77,04t.736 8».3I0.18« 77,198,186 78.330.248 07.279.057 83,823,182 76.111.838 76.328.3'2« 73.303.990 totals of the Philadelphia banks areas follows: 211,097 39,828 346,363 . Amount of— Legal Tenderi. 8peeU. DUcowits. 862,203 194,897 114,425 Bc.Pac.Ciuiiir}-- ' . 1888. Loans iLiw/ut Money. jDeposits.' Oircutafkm. *<». Cltar'gi $ Deo. 12.. 19. 26.... Jan. 2.... 9.... 16... 23.... »0.... Feb. 6.... 13... • 20... Feb. 27.... Mar. •• •• " 6.-.. 13.... 20.... 87.... 'luciaULiiif 27.720.300 27. 073.100 28,372,200 27,079.800 84,965,900 86,088,000 81,751,600 83,'272,6O0 85.837.000 82,90-2,20l> 85,620.800 28,007, 00 27,-10.100 85,306.760 82,652,300 84.719,100 27.105.000 82,776,2 81,170.800 27,101,100 83,114,000 27.178.100 84,382,300 83,503.700 84.762,000 27.901,100 81.085,700 83,218,100 27. 6. li^. 1)00 83.3;7.1U0 27.038.100 84,984.700 83.631.600 •.:0.'4 1,800 81,750.500 83,231.300 21.591.500 85.701.300 83.770.H00 85,815,700 2(),388.»«0 84.299.100 81,461.900 84,90 ',1()(! I •23,171.000 tne itvai 'ait« 10 oiixvt oanks." 82.673.700 83,198,100 83,749,500 i 1 I , ' I I 7.421.300 7.113.500 7,39'2,300 7,38^2,500 7,366.100 7,347,000 7,331,500 7,313.600 7.223.500 7.081,300 6.a75.0O0 6.931,500 8.243,6»0 6,'238.500 6.291.500 6.352,00(9 52.875,79» 54.187.428 18,126,089 47.151.313 80.687,028 53,817.65a 63.627.841 48,903,228 60,028,603 48,691.961 57.621.1»9 13.311,393 03,605 959 51,180.246 5 ,138.726 53.707.402 M APML 8, 1 t II THE CHRONICLE. 1886.) 423 GENERAL QUOTATIONS OP STOCKS AND BONDS. m otnor qii<it>tll»a9 are rroqunaclr mwls por Ihara. ky »a In Nuw York rnpreaoiit tlio par cent raliiA, «rli t'.i)vnr tlis i>itr '•>!," f.ir in >ft«*<i); "jr.," forgnld; " K'll," (or giuntaCaoil ; ''euJ.."iorieoiurMd Tlio fiilliwliiualibrevlatloua iininfton iwoil, viz.: for Hlnklcnj fii "1. forUurt Krunt. "s. f.," i.l: it.,'* loroonsolliliitwl; "oouv.," for o.mvnrtll)lrt Quutatious lu Saw York are to TUnrailay from otlier oltlwn, to latn mall dlttM. Qiincitiliiii'* : ; " oom.. ; ; »nb«crlber» <glll eonpgr > Onitkh 9TATKS Bonds. mvor by gtvlaa dUcorered In the»g Qnot«Hoii«. Bid. CITV 8KCURITIK8. Ask. Bid. notion of any error Alleglieny, I'li.— 5«.op.. '834>7..V«r. 100 ITNITKD STATES BUNDSc 4'««,cmip.. l885-l6oi Var. 100 112»s 4»««.1H91 ""f--S~5J}ll2Hi ?^ Var.lloo 4a, coup., 1901 0OUP..Q— M 4>S8, 1891 '"O l-'»} Alleglieny Co., Sa, 19Xa.J&J§! cp., ren...Q-J is, 1907 100 48, riot loan, 5-108 coup.. .Q—J 126 X 4s, 1907 100 X01>9 do looji 48, 10-20a roK..Q.-F. 88, opili.n U. 8 101 do 10-208 68, reK....J&J 127>4 68, Currency, 1895 49, refunded, .5-208, 1891-1D06.... 102 reg....J&J 129 6a, Currency, IHlKi 114 Atlanta, Ga.—7s re)t....J<StJ 131 "a 68, Currency. 1897 113 Do. 8s l&J 134,^ reg e», Currency, 1S98 114 Watei"worka rev' ...J&J ISC'fl 68, Currency. 1899 103 Me.— nmn..F<kAI Augusta, 68, 1887, SKVURiriKS. srATB Varlouc 108 A.lal.ania-t!las8 "A," 3 to 5, 1906... 100»« 102>s Augusta, Ga— 7s 115 110 " Auatiu. 'texas 10.5 lOs OlHSit B," 5s, 1906 100 Baltimore — 99 ClHfls-C," 4», 1906 iim lis. consol., 1890 J & J 105 6s. 10-20, 1900 111 11 's 68, Bait. & O. loan, 1890. A-rkansas-Gs. funrtcd, 1899 ..J &, J 10 lim: Park. Q— 1890 20 68, 78, L. H. &Ft. S.l89ue.l900.A&O MAP 6s, bounty, 1893 20 78, Meiuplils * U R., 1899.. A & 6s, do exempt, 1893... 20 78,1-. R.P.B.AN.O., 1900..A &0 J&J 116 58, water, 1894 78.Miss.O. &R. Riv.,1900..A &0 20 J&J 130 68, 1900 Tt ''^ 7s, Ark. Contriil RK.. 1900.A &0 68, West. Md. RR., 1902 .... J&J 129 JiJ 2ht » 78, lycveeof 1871, 1900 132 1« M&N '93-95.' 1916 58, Oalirornia— 6s, civil bonds, lO.i J&J 115 48, 1920 Connecticut— .=)», 1897 110 Bangor, Me.— RB.,1890-'94.Var.l 6s. J&J 103 New, reg., 3ia8, 1904 J&JI 123 68, water, 1905 100 New. rex. or coup., 38, 1910 68, E.& N.A. Railroad, 1894. .J&Jt 112 J&J' Delaware— 68 68, B. & Piacataiiuis RR.,'99.A&OI 118 District of Columbia— ..„, Varl 103 F&A 119>«|119J« Bath, Me.— 68, railroad aid Cons. S-O.-is, 1921, ooup 102 Ili'i8;lly's 5a, 1897, municipal 3-65S, 1924, retr < 104 '98.. Belfast. Me.— 68. railroad aid, J&JI 11> FundinK 5s, 1899 Perm. imp. 6s, guar., 1891. ..JiStJt Ill's no's Boetou..Maaa.— 6a,our,long,1905VaH 135 Var. 120% J&Jt|H8H) 120 68, currency, 1894 Perm. imp. 78, 1891 — M&N 1 Fund. lo;in(Leg.)68,E.. 1902Varlil29 119 132 Market stock, 7s, 1»92 Water stock, 7s, 1901 do 78,1903 Florida—Oonsol. gold 6s Steorgla— 6s, 1886 7a, new bonds, 1386 102 78, endorsed, 11^86 78, gold bonds, 1890 8s, '76, '86 Kansas— 78, long Brooklyn, N.Y. -78, 1890 6s, Water, 1891 6a, Water, 1899 Ga, Park, 1921 7s, Park, 1915 132>s * Jt 113 F<&A|100i(i J & J 102 J Q—J HO 103 103 112 12 Var. 58, gold, loug 4ias, 1908 48, currency, long 7a, Bridge, 1902 7a, Bridge, 1920 78, Kinga Co., 1888 6a, Kings Co., 1886 5 A&O 115 J&J 103 117 114 130 145 152 140 ln2 Bid. CiTr Sboi'kitim. LoulaWlle, Ky.-78, long datea. Var.l 123 '•'H4 7b, short dates Var lO-i>» 114% V»r.(!l09is lllia 69, long "" I 101 101 101 101 103 Oh, short Var.l 58,1890-1900 , MAN Lowell, Maaa.—6B,1890,W. L.M.tVl LyncUbiirg, Va.—68 J & J 8g J A J 103 Lynn, Mass.—68, 1887 FAAl Water loan, 6«, 1894 J*.I Water loan, 6a, 1896 J&J 88,1905 MikNI Macon, Ga.— 7g „ Manohe8ter,N.H.-6e, 1894.. ..J&JI 118 6a, 1902 TH J&J 128. 106 115 120 M M&S Wa8ii.-Fund.loan(Coug.)68,g.,'92f|ll5J4 lie's Aak. 106 105 119 130 104'a 109 Moinphla.Ten.—Tax.Dlat.ShelbyCo .»2. 9»„ Milwaukee, WIb.— 58, 1891... J & Dl 7b, 1896-1901 Var.t 7s, water, 1902 JAJI Mobile, Ala.— 3-4-59, funded.. Montgomery, Ala.— New 38 . .J & J 4s, 1911 131 135 M&N 5a, new Nashville, 6a, long Tenn.— 68, short Newark— 58, II214 long long ..Var.l long Var.l Var.l water, long New Bedford,.Ma9s.— 68, 1909. A&OI 104 A.&O 5s, 1900, Water r>oan 106 N. Brun8Wiok,£!. J.—78, various...! 136 68 121 New Orleans, La.— Premium bonds. 12514 Var. Consolidated 68, 1892 117 Newport, Ky.— Water bonds 7-308 109 New York City— 5s, 1908 118 6s, 1887 124 6a, 7a, 78, II2I4 lJ8's 10314 I 1 116 99 HO 115 130 loe 12« 138 119 134 143 136 1896 1901 1890 1896 78,1901 68, 68, 7s. 7s, 131 143 141 155 111 Newton—68, 1905, water loan. .J&J J&.I 58, 1905, water loan 103 104 Norfolk, Va.—68,reg.stk,'78-85.. J&J 106 128 115 118 Var. 1890-93 Var.t 8s, coup., Butlalo. N. Y.— 7s,1895 Louisiana— New con. 7s, 128 .....Var.t 131 88, water, 1901 Stamped 4 percent 78, water, long 119 115 55. A&OI M&Sf Norwich, Ct.-5s, 1907 bonds, Park, 1926 Baby F&A 52 6s, 33, 18S6 J.&J 144 Maine— 48, 1888 F&A 101 lOlij Camliridge, Ma.sa.— 58, 1889. ..A&OI 1031a 1041s 7a, 1905 115 121 t 1191s no's long loan N. water J&J Orange, J.— 78, War debt* assumed, 6s, '89. A& 01 I09>s 6a, 1394. 106 J&J U2is 1231s Oawego, N. Y.— 78, 1837-8-9 Maryland— 6a, exempt, 1887. ..J&J 6a, 1396, water loan Vai 124 125 J&J 132 134 Paterson, N. J.—78, long J&J 109 68, Hcspltal, 1837-91 63, 1904, city bonds 116 120 Charleston, 8.C.—6a.8t'k.'76-98..Q-J h8 6s, long... 68, 1890 Q—J:107 109 <5s, long.. 6e, 1890 Q—J106 78, tire loan bonds, 1890....J & J 23 102 >s 104 110 4139, long 8-658, 1897 7a, non-tax bouda J&Jil09 no 88 J&J 108 Peterab'jTg, Va.— 68 Massacliusetts-5s, gold, lS91.A&O|109ifl UOifi 4s. non-taxable... J&J 120 8s J&J1 116H lltfis Chelsea. Mass.- 6a, 1 897.water loanl 121 123 88, gold, 1894 120 1161s 118 M&S 120 121 Chicago, 01.-78,1892-99 88, special tax 58, KOld, 1897 113 *». old, »i,,^.w**«i reg. J&J 108 Pa.— 68, v,»»i, wo, Mlohigan— 7a, 1890 Philadelphia, luiaiinipuia., x M&N 112 68. 1895 107 over. J&J Minnesota— New 419S, 1912 ..J & J IO214 106 4isa, 1900 if" 68, new, reg., due 1895 & 102 99% Var'syrs.'"" Missouri—63, 1886 3-659, 1902 J & J 101 a, new I16i« Funding bonds, 1894-95 ....J & j;il6 Pittsburg, Pa.—48, coup., lOlS.JAJ.ij-y^ Cook Co. 78, 1892 J&J.|1}3 115 1081s Long bouda, '89-90 J &J,110 Cook Co. 58, 1899 5a, reg. and coup., 1913 117 IO714 10758 ^»>"Asylum or University, 1892. J & J 112 CookCo. 4148, 1900...'. 69. gold, reg , .,5 103 1.J Hannibal & St. Jo., 1886.... J & J IO3I2 73, wivter reg.Aop.,'93-'98...A&0. If^ West Chicago 58. 1390 103" 107is do do 1837 Liucolu Park 7a, 1395 J&Jll03>i 53, Refunded, 1910 f" no 1908 New Hampshire—58,1892 do 4s, J&J;103 108 >a Weat Park 78. 1390 IJI? lOiTg 107 115 War loan, 68, 1892-1894 South Park 6a, 1899 Portland, Me.— Os, Mun., 1895.Var.l|114 J& J 116 120 M&S 124is 125 Warloan, 68, 1901-1905 68. railroad aid, 1907 M&Ni 114 J& j|l29'a 131 Cincinnati, O.—68, 1897 1 13 114 134% l3-ii4 Portsmouth, N.H.— 68, '93,RR. J&J Sew Jersey— 6s, 1897-1902... J&J" 126 7-308,1902 68. exempt. 1896 J&JI 101 »4 102 J&J* 118 Poiiahkeepale. N. Y.— 7s, water .... 48 llJl* Sew York— 68, gold, reg., '87. ..J&J 103 Southern BR. 7-30s, 1906. ..J&Jt 134% 135i4i Providence, R.I.—5s,g., 1900.. .J AJ 128 M&Nt 1221s 123 1£ 6i, gold. 1900. water loan. ..J A J 68, gold, coup., 1887 6a, g., 1906 J & J 103 do 6b gold, 1891 113 Cur. Os, 1909... .F&A I2^1s Richmond, Va.— 68, 1884-1914. J&J 1231a do J&J 143 66, gold, 1892 112 fd. 5.3, 1910M&Nt 1121a 88,1380-1909 Sk§. do J&J 109 1031s 104 68, gold, 1893 115 Hamilton Co.. 43 58, 1914-15 lOl 103 •••• j.Carollna—68. old, 1886-'98..J&J Var. Hi 105 7a, 1837 Cleveland.O.— 48 Var. no 6a, NC. RR., 1683-5 A&O 121 125 Rnohester, N.Y.—6s 7a. 1894, funded debt J& J H 170 137 Jt i27Ja & J 6s, 1903 do 170 .M&S water. 1231s 78, 7s, 1396, canal 68 do 7ooupon8off Var 123 12'> Rockland, Me.—68, '89-99, RR.. F&A I02>s J&j 140 68, 1898. 80 1901 102 Comii'mlse 48, 68 do Mo.— 7 coupons off Var. 1031s 3t. Joseph, A&Oil40 5a, 1337-89 Var. 102 15 68, funding act of 1866 1900 J&J 12 Var. 100 Columbua, Ga.— 78 St. Louis. Mo.— 6s, short 115 6b, do 15 117 1868,1898A&0' 12 Covington. Ky 7-30s, long 68, 1892 X'""-|}A7i. loyiiiuw ...Var. 103 6«. new bonds, 1892-8 53 lonir J&J 22 7-303, short I10i« 58' lO^fo . '-.Var. lOJia 104>« 68 do O' 22 Water Worka, 13:)0... 101>« J&U.t 103 109 6s, Chatham ER 112 A&O, 9 43; 1905........ Dallas, Texaa— 33, 1904 A&O 120 123 no 115 6s, special tax, class 1, 1898-9 A&u| 8t.L.Co.-6s,gold, 1905 9* 10a, 1893-96 100 105 68, do cla88 2 Curi-ency, 7a, 1887-'88....Var.. 104 A&OI Water, 6a. 1900 |108 6a, do W'n N. C. RR.A&O Var.t 120 Detroit, Mich.— 78, loug at. Paul. Minn.— 68, long do 68, Wil. C. &R.. A&Oi Var.l 126 7a, long 78, water, long ;;--|t1s 95ij V"'' new, cons., 1910 48, 75 J & Jl 941s 88. 1839-96 Elizabeth, N. J.— New 4a. 1912. J&J 71 J.,2 128 68.1919 131 US 3alem. Mass.— 6s, long, W.L. A&OI. 128 Fall River, Ma38.-U3, 1904... F& Al 130 J&'t 11* 118 OhloOs, 1886 J & j!l03 kP&AI 108 no .58, 1901, W.L 5s, 1394, gold Var. Penna.— 58,new. reg., '92-1902. F&A 119 F&A« 115 117 San Frandsoo— 7s, soliool .58, 1909 48, leg., 1391-1904 no 112 Fltohbiirg.Mass.- 6».'91,W.L..J&JI in 6s, gold, loug 48, reg., 1912 F& A 1171s 119 Galveaton.Tex.- 8.^,1893-1909.M&S 103 105 Savannah fundeil 58. consols Rhode lal'd— 6s, 1893-1, coup. .J &J 120 |. J&D 95 lOJ loiuerville, Mass.—59, 1895. .A&Ot ,5s, 1920 A&OI South Carolina— 63, Act of March I 103 115 OS, 1905 Hartford. Ct.— City 08, var. dates 6l8 23.1869. Nou-f unliable, 18S8.. S 121 121 •iprinirtleld, Maas.- 6s, 1905. .A&Ol Capitol, untax. Gs A&OI Brown consols Hartford Town mn, untax 10 i 103>s UOis 1 102 7a, 1903, water loan lenneasee— 68, unfunded 59 Haverhill, Mass. -69, 1889... A&OI 100 Is 107 Is Toledo. 0.-7-303, RR., 1900..M & S Var.t Coriiproiiiise bonds, 3-4-5-68, 1912 67 69 14 Hibokeii, N. J.— is, long 111 113 89, 13!)3-94 BetMemcnt. :i8 72 71 115 Vaaliinaton, D.C.— o«« Dial, of Col. 117 6a, long Texas— 6.1. 1892 M&SI 112 114 122 Vilmiugtou, N.G.—6s 124 7s, long 78, gold, 1892-1910 M&.8f'125 35 40 Houston, Tex.— IO3 88. irold. eou. on -.•;:i,, ,, 78, gold. 1904 Jj£jri33 140 35 Vorcoater. Ma99.-6», 1892...AAOt!llt'a 115% 40 6s, funded.... .\&0 n 3 130 Vermont— Ga, 1890 .. .... 59 101)1 J ADilOim 111 lndiauapoU3,lud.— 7-30s,'93-9, J&JI no ^^^^'^^'^^ 110 Virginia—6.3. old, 1386-'95. ...J & J 44 !l;l9o.5 :::::::;:: 108 Jersey City— Os, water, long, 1895.. 106 B»\ps. ds, new bouda, 1336-1895... J & J 44 J&J 117 119 78, water, 1899-1902 lea •OM^ •umsolul 6s, consols. 1905. e.K-couB eamaaiiiea (Boiul.i of J&J 55 Impi'ovomint, 1891-'94....Var. 109 112 78, 68.etinsoi.,2d.seriea T&Jilll J&J 60 be founl unJer the coiuul'd name.) 78, Bergen, toag 114 1903! 11^ mort.. Ist 6«. de;tirred bouits Southern9'« 19i).5 .19, 11 Gt. 112 Ala. Ms.?! 9\ Hudso.i 'ounty Tax -receivable coupa., f rom eons'ls Vlb'y & 3u8ii.-l9t M., 79, '88.. .J&J 103>4 47 J&J 122 Hudson Comity. 6.3, 190> isa" ..... in06,guiir..A&0 7a, 1)0 mort., Conaol. from IO-4OS. 19 79. )l J..«l)ill3 iVd Hudson County Pundinit bonds. 3a. 1 13 2 Couaol. mort... -tslSO !. guir. AAO li> J &J 65% J&l!ll2 BayonneCity, Ta, long I'iO 73-109. .J&J .M.. fJen. Val.— Gl-rv itKCUKITIBS. 12018 llleith. Lawrence, Masa.— 63, 1834...A& Ol|l20 AAO 112 Albany, N. Y.— 68, long.... Varloosii 115 East.fXten. M., 79.1910 ...\.&0'lJ9 1131 68, iOOO "8 long '0 'lO'i fnn....«. 79. ell.. 131t 129 Long lalandCitv, V.Y— War.T.7< '!> Price nominal: no late txauaaotioas. t Purchaser also pays aoorued Intereai. ( lu London. } Pirt being redeemed. H Cou^oaa ou aiuoe 'di^'ji AiO J&J 129 13o 1914.. J&J 85 73% 7378 no M&N — j — i , 1 i I 1 i I I J&J A&O A&O t I A&OV — A& A&O F&A , RIILKOAO m I ' j : | W) i I ' II F P J — J F THE CHRONICLE. '4U [Vol. XLH. GENERAL QUOTATIONS OP STOCKS AND BONDS—Coxtinued. For Explanations See Notes at Hoad of First Pase of Quotations. Atcn.Top.A S.Fe— l8t,7s,g.,'99. J&J A&O lASdirrant, 78, (?., 1902 J&D BiiikiDgfiu)rt,68, 1911 Quaranteed 78, 1909 J&J&A&O A&O 6b, 1909 (Istmort.) M&a 68, plain bonds, 1920 A&O 4148, 1920 FlorenceA ElDor'ao,lat.78.A&0 K.C.Toneka&W., Ist M.,78,g.J&J income 78 A&O do . Kailkoad Bonds. Ask. Bid. Bxn-ROAD Bonds. Bid. 1st M., guar, 4is«-68, 1931. i'ie" J&J Gai>— let, 7s, 1893 r&A 1905 A&O (is, 1913 BelvldereDel.— lst,6s,c.,1902.J&I! B'&A 3d mort .68, 1887 Boston & Albany—7s, 1892.. .F&A J&J 6b, 1895 Boat. Ccno.& Mon.— 8.F., 68,'89.J&J 1893 A&O mort., 7b, Consol. A&O Consol nioit.,6», 1893 Boat. Hart,& E.— Ist, 78, 1900. J&J J&J Ist mort., 7s, guar A&O Boston & Lowell— 78, '92 J&J 68. 1896 J&J New 6b, 1899 Boston & Maine—78, 1893-94, J&J Providence— 78, 1893. J&J B08t. & B08t.& Revere B'li—lst,68.'97. J&J &K.— lst,68, 1P32 BradfoidBorrt. Bradf.EUi.A Cuba— Ist.Gs. 1932 J&J Bklyn Batli&C.L-lst,6s,1912.F&A Brooklyn Elevated— Ist mortg Zdniortg Bufl. Brad.& P.— Gen.M.78,'96.J&J Buft.N.y.&Eiie— l8t. 7s, 1916.J&D Bufl.N.Y.& Ph.— l8t,68,g.,1921.J&J 2d mortgage, 78, g., 1908... Q—M 5l&S Gen. M., 6s, 19i:4 Buff.PiU8b.& We8t.-6s,l 921 A&O Pitts. Titusv.& B.— 78, 1 89BF&A Oil Creek, Ist M., 68, 19 12. A&O Union & Titusv., 1st, 78,'90. J&J WaiTen& Fr'kln,l8t,78,'9t>F&A 100 120 lolls 1118% 119 illuis 119% IO314 il03 II414 1114 110714 1071* 33I4 33 tll8 118's II914 1191s ll:ii4 1112 11221s 1231-1 1123 1231s 11191* 10 10 lOlTs 10218 7o 105 411s 100 , J&D . M&N Fund, coupon 78, 1895 MAN Atch.& Pike's P'k,l8t. 68, e.M&N 45 103 40 38 105 105 ij 87% lOd (SO 130 122 12i> 112 lOSk iisis 100 112 70 114 114 . liuuda, l)k.& Imp. Co.. 58,1921. J&J Leh.& Wilke8b.Coal.inc.,'88,M&N Consol., 78,gold,1900.ass'd.Q-M Cent. Ohio— Ist M.. 6s, 1890..M&8 Cent. Pac— lst,6s,gold,'9.5-98.J&J B. Joaquin,! St M., 68, g.l900. A&O Cal. & Oregon, l8t,6s, g.,'88.J&J do aeries B, da, 1892 Cal.&Or. C.P.bond8,68,g.,'92 J&J Land erant M., 6e, g., 1890. A&O West. Pacif., lat, 6a, g., '99. .J&J Charl'teCol.&A.— Con8.,78,'95.J&J Series A, 1908 to, gold. ser.B.int.def 1908. . A&O M&N .MAN & Cons. 75 J&D 68, & J&J 128 J&J 101 Ind. M., 78, 1899... JAJ Clev. A Pitts.—4th M., 68, 1892. JAJ Consol. 8. P., 78, 1900 Belief. 135% 136 tl04 M&N 1914 1934 S. F., 78. Gen. eon. M&N 10b Clev.&M. Val.— Ist, 78.g.,'93.F&A Columbia & Gr.— Ist. 6s, 1916. J&J 108 1091* 2d mort., 6s, 1926 A&O 11014 no's Col. Hock. Val. A ToL— Consol. 5a moij 110 OS's 1001s 98 95 941s tll:j llsia 1 21 1110 2II1 112 110 130 131 mis iiyifl 99 871s "sfse Col. AHock.V.- lstM.,78,'97.AAn 1113 do 2d M., 7s, 1892. JAJ tl04 Col. A Toledo— Ist mort. bonds .. till tl02 do 2d mort OhloAW.Va.,lat,s.f.,78,1910MAN no7is 1211a Col. Spriugf.A 1961s nois C— 1st. 78,1901. MAP no noifl 97 118 i24 1 . , . . . . . 1 I . C— , 95 100 90 UIH UO''e 1081* li9 lUis 115 lii8 103 104 109 111 104 111 1131s 117 1131s no 2d mort., 7s, 1910 J&J 111 Cheraw&Darl.- l8tM.,88,'88.A&0 106 2d mort., 78 102 Cbes. & Ohio— Pur. money fd.,18n8 felKt*.Jl'rict: 78% M&N 1908 Am. Ist, 7s... . Atch.Col.&Pac.,l8t,6s,l!»05Q.— 10414 103 Atch.J.Co.&W..lst,«s,]905.Ci,— Cent, of Ga.— lst.cons.,78,'93.J&J 113 Certiflcatei" of imtebtedacsa. ('a.. Cent. Iowa— New lat., 7a , '99. J&J } 109 Is Inc. bonds," debt cert8.", 78,A&0 no Eastern Dlv., lat, (is, 1912. .A&O 68 me. Div. let, Ge, 1912 A&O 16 Oent'l of N. J.— Ist .M,7s,lS90,F&A 113 7b, conv, 1902, asaeuted M&N Consol. M .78, 1 8i)9, aeeciited.Q— 112 Adjustuicut bonda. 78, 1903M&N 110 Conv. delicn. 6e, 1908 M&N 78 Income Hock. V, Col. A Xenia— Ist M., 78,1390.MAS 1109 14 Conn. APassump.— M.,78, '93. A&O tll»% 120 1116 Masaawippi, g., 6a, gold, '89 J&J U031S 104 1123 10 Conn. West.— lat M., 7s, 1900. J&J 20 I1314 Connecting (Phila.)— 1st, Ga ..M&S 121 I23I8 ni. Grand Tr., lat. 88. '90... A&O 113 tllOis 111 8I.I4 8.'(.1889. Conaol.RK.of 83% lat, Vt.. lat, J& 5a, 1913.,r&J Dixon Peo.& H., Cuml). A Pcun.— lst6a,'i)l....MAS 104 105 Ott. Osw. & Fox R., 88, 1900. J&J 1 1291s 130 103 2d mort. 6a, 1888, M. & N.. 105 Quincy& Wars'w, Ist. 8b, '90.J&J 1112 114 itch'n & Neb.— l8t,7s,1907 M&S 11261s 1271a Cumiieil.Val.— l8tM.,8s.l904.A&O 102 14 1021s Dayton & Mich.— Consol. 5a 'hie. Burl. & Nor.— 5s. 1926 J&J tl09 109% 23 25 3d inort., 78, 1888, now 2d. A&O tl05i5 Chic. & Can. So.— 1st, 78, 1902 AAC Chic Kau. City & Wesi'u.— lat. 58. IO4I4 104% Dayt.& West.— lat M.,68, 1905.J&J (112 122 iBtmort., 7s, 1905 J&J 1221s Chic. & East 111.— 1 st mort. 68, 1907 Delawai'e— Mort 68, guar. ,'95 J&J Income bonds, 1907 1141* Del. & Bound B'k- l8t,7s,1905F&A 131 A&O 134 1st, con., 6a. gold. 1934 95 Del.Lack.& W.— Couv.78,1892 J&D Chic & Gr. Trunk— 1st mort., 1900 190 Mort. 78. 1907 M&8 i'26is Chic.& Mich.L.Sh.- lst,88,'89.M&S IIO9I9 111 Den.&RioG.— l8t,7s, g.,1900.M&N 1171s 120 Chic. Mil. & St. Paul— lstcouaol.mort.,78, 1910 J&J 9319 P. du C. Div., lat, 8s, 1898. F&A 135 127% General mort., 5s, 1913 A&O P. D.,2d M.,7 3-10s, 1898,.F&A Deuv.&R. G.W.-lat, 6s, lOll.M&S 77 "is" J&J 132 133 l8t, 9, gold, 7s, 1902 90 J&J 1221a H:3i« Denv.S.P.& Pac— lst,7s.l905 M&N 85 La. C, IstM., 78,1893 86 Des M. & Ft. D.— lat, 68, 1905. J&J J&J 125 I. &M., lat M., 78,1807 I26I4 35 do incomes I'a. & Dak., lat M., 7s, 1899. J&J 84 lat mort.. 6a, on e.xtenaion Haat. & Dak., Ist M.,7s, 1910.J&J li7 130 134 D,)t.&Ii.C.lst,8a.e,n.M.C.1902M&N 118 120 Chic. & Mil., Ist M.,78, 1903.J&J 131 134 Det.G. Haven AMil.—E(piip.6s,1918 )109 111 1st mort., consol., 78. 1905. .J&J 132 132 Con. M., 5% till '84, after 6<- 1918 :109 111 lat M., I. & D. Ext., 78, 1908JAJ 131 120 Det. L. & North.— 1st, 78, 1907. J&J tl'23% 124 lat M.,6s, S'thwest Div.l909J&J 119 Det. Maok.& M.— 1st. 68,1921. A&O 65 l8t M., 5s. La C. & Dav.l919J&,T 106 la 107 Lard grant 3ia8. S. A., 1911 80. Minn. Ist 68,1910 .T&J Utile 35 Chic. A Pac. Div. 68. 1 910 .J&J 120 1231s Dub. & Diik.— Ist .M., 6s, 1919. J&J do West. Oiv., 58,1921. J&J 105% 106 14 Duh.&S. City— l8t,2dDiv..'94.J&J Dunk.A.V.& P.-lst,78,g..l900J&D no Mineral Pt. Div., 5s, 1910...JAJ East Penn.— l8t M.,78, 1888. M&S 110 Chic. & L. Sup. Div.. 58, 1921J&J ids Wia. & Minu. Div., 5s. 1 92 1 J&J 105 106 14 E.Tenn.Va.&Ga.— l6t,7s,1900JAJ 120 80 Tenuinla 58, 1914 1st mort., consol., 58, 1030 ..JAJ J&J 1041s 0514 do Dulmque I>iv., lat. 68. 1920.J&J 1181s 119 ex coup'a 9 to 12... 721s lO'a 2018 108 6s, Income, 1931 Wis. Val. Div., Ist, 1920. J&J 1071s 68, Divisional. 5s, 1930 Fargo & South.- 6s, ai-s. 1 92 1 J&J 119 121 JAJ 1031$ 100 142 Tcnn. Chif.&N.W.-Cousol., 78,1915.0— E. A Ga., l8t,68,'83-86.J&J 1421a E.Tcnn.& Va..end.,68. 1886. M&N liO Consol., gold, 78, cp., 1902. ..f&O i'36' Ala. Cent., lat, 68, 19M J&J 97 do do reg J&D Eastoni, Mass.— 68, g.,1906. .M.fc.s (123 128 ifl Sinking fund, 6a, 1929 A&O 121 M&S 110 Sterling delia., 6a, g.. 1906.. U20 124 do 56,1929 A&O I0918 Eliz. City & Nor.— S.F. deb.,6s.A&0 debeut., 5s,1933.M&S 109 do Istmort., (is, 1920 M&S 2.5-yrs. deb. w, 19u9 M&N 107i» 1O8 lOlia Elizab. l.ex.& Big 8.— 6a, 1902. M&S 100 Eacan.&L Sup., lat, 6a, 1901.J&J US Elmira&W'mapt— 1st 6s,l910.J&J 121 125 Des M.& Miun'8,lst.7s.l907.FAA 136 A&O 1091a Iowa Mid., Ist M., 88, 1900. A&O 135 58, perpetual Erie & Pittsb.— 2d, now lat J&J 105 Peninsula, 1st, conv., 7s, '98. .M&S 125 J&J 1110 Cons, mort,, 78, 1898 Chic. A Mil., lat M., 7s, '98..JAJ 125 A&O 100 Equipment, 78, 1900 Mil. A Mad., 1st, Oa, 1905. .M.&S. 115 Madison Ext., Ist, 7s. 1911. AAO tl32 Evanav. A Crawf.- lat, 7«, '87. JAJ 100 Evans. A Ind.— l8t,guar.,g.,68,l924 100 Menominee Ext.,lst,7s,1911 J&D tl32 lis Norlhwest.Un., l8t.7s 1917. M&.i UH3 Evaiis.A T.H.,lst con.,6B,192l,J&J 114 A&O lOtfis Mr. Vernon— Ist, 6s Winona & St. Pet.— l8t.78,-'87 J A J 104% 105 1135 Evansv.T.H.&Chi.— lat, 68, g.M&N 101 do 2d IM. ,7s. 1907. M&N AAO 1112% 113 Fitchburs- 5s, 1899 Ott. C. F. & St. P., !ia. 1909. .M&S idi 109 A&O fll4 115 North. Ills., 1st, 58, 1910.. ..MAS lo8 58, 1900-01-02 A&O (1201s 121 Chic.K.I.&Pac— Us,19l7,ooup J&J 132 68, 1897 A&O fl23ls 1-24 78,1894 68, 1917, reg J&J 132 112 Exten. & col. 58. 19:14 Flint & P. Marq.- M. 68,1920. A&O 116 J&J Hollv W. & M., 1st, 88, 1901. J&J Chic&S.W.,l8t,7s,giii\r..'99.M&N 109 Ft. -Madi.son&N. W., 1st 78. g., 1905 Ohic. &8t.Limi8— IstOs, 1915,M&S 89 90 Ft.Wdi th A Denv. 1st, 6s. 1921 Chic. St. L. &P.— Ist, .'.s. 1M32.A&0 95 120 Cliie. & Gt. East., Ist, 78, 93-'95 100 Frem't KIk'nA Mo.V.— 68,1933A&0 (118 Uustainptd.. 1115 do do C0I.& Ind. C, Ist M., 7a, 1904. J&J tl2.' 115 Gal.Har.&S.A.- lat,6s,g.,1910F&A do 2d M.7s,1904.M&N 107 J.feD i'ls' II9I3 2d mort.. 7s. 1905 Un.A Loganap.,l8t,7.s, 1905.A&O till 981s 104 no Cln. A Chic. A, L., 18SI!-'90 West. Oiv. l8t, 5s, 1931. ...M&N 2d, 68, 1931. ..J&J Chie.St.P.Min.&Oiu.- Con. 68, 1930 122 do A&O 71 75 Gal.Hou8.& Hen.— lst,58 0h.8t.P.& Minn. lat,0s.l918M&N lino's l&J I31ifl 1883-90 Georgia— 7s, North Wise Ist 6s, 1930 J&J J&J 105 107 128 St. Paul&S.City, lst68,1919.AAO 6s, 1>89 120 Georgia Paeitlc-lat, 68, 1022. J&J 110 110% Chic. ATomah.— 6a 118 47 115 Chic.& W.Iud.— S.fd. 6s, 1919 M&N 113 2d mort 125 112 Generalmort Os, 1932 ... Q—M no Gr.Rap. & Ind.— lat, l.g., g'd, 7a, g. 1123 lat M.,78, l.g., gold.uot giiar. AAO tll5 Cin. Ham. &Dayt.— Consol.Se AAO tl09 1091a 100 Ex land grant. Ist 78, '99 Consol. mort., 7s, 1905 A&O 11261a M&S 80 Consol. 5.S, 1924, do 811s 6s, 190.5 A&O III6I4 117 98 l8t,6s,l91l.F.&A Gr.B'yW.ASt.P.— Cin. H. A L, 1st M., 7s. 1903.JAJ (116 117 ie" 3914 40 45 2d, incomes, 1911 Cin. A Eastern— l.st. 7s, 1896 JAJ Gulf Col. & 8. Fe— 1st, 78,1909 JAJ 124 1< 124% 26 2d mort., 78, 1900 AAO 1031s 1 03 'a 2d, 6s, gold. 1923 Consol., gold. 6s, 1912 5 tnoi* 111 Han. & St. Jo.- Con. 68,1911.. M&S 119 Cln. I. St. L. & Chic— Con. 68, 1920 Housatonic- Ist M.. 78. 1885. F&A Cin.A Indiana, l.st M.,7s.'92.J&D tllO H2 "85" 90 do Ho'at.E.&W. Tex.— lat,78,'98.M&N 2dM..78.'a7-92.J&.l tlo5 J&J rndiimapolisC. &L., 78of' 97.. 116 2d, 6s, 1913 tll5 105 m.,7a,guar.l891 5103»B Ind'apolis & Cin., 1st, 7s,'88.-\&0 tl05 106% a.& Tex.Cen— lat 100 Ifl Cin.Laf.&Ch.— lst,7a.g.,1901.M&S 1116 Weat. Div., lat, 78, g., 1891.. T&J 497 Waco & N. W., lat, 78,g.,1903.J&J }J00 Cln. Northern.- lat, 68, gold, 19.;0, 40 35 A&O Cons, mort., 88, 1912 Cin. Rich. &Chic.— lat. 7s, '95. J&J 1113 A&O "Kri"' 57 114 Cin. Rich. & F. W.— Ist, 7s, g... J&U 1113 Gen. mort. 68, 1921 Cln. Sand'ky & CI.— Os, 1900. .F&A IIO3I4 IO3I3 aunt. & Br. Top-l8t, 78, '90.. A&O lOdis 11214 FA-A 112 7a, 1887 extended 2d mort., 78, g., 1895 M&S 103 105 99ii AAO .T«.n'i 105V) lo.-.i« Cona 3c) M. 58. 1895 . 40 35 40 OedarF.&Min.— Ist, 78, 1907. J&J 1171s Cedar E.& Mo.— lat, 78, '91... F&A tin 112 Istmort., 78, 1916 iM&N 128% 129 2d mort.. 78, 1909. quar Cent. Br. U. Pac. IstB, 68, '95 & 73 40 20 100 115 . 1361s Bufl.& Southwest.— 6s, 1008.. J.&J Bnr. C. K.& N.— l8t,58,new,'06.J&Ii 109% 110i« Cons.lst &C0I. tr., 58.1934. A&O 1061s IO7I4 loO Minn. & St. L.. l8'. 78, guar. J&D 110 C.Eap.I.F.&N.,l8t,68, 1020. A&O do Ist, 58, 1921. ...A&O Oallfor. Pac— lat M.,78, g.,'87. J&J 100 95 2d M.. 6s, g.,end C. Pac. '89.J&J go 3d M. (guar. C. P.), 68, 1905. J&J 50 do do 38, 1905. J&J 40 39 CallforniaSo.— lat, 6a, 1922. ..J&J (Xunden & Atl.— l8t,78, g., '93. .J&J 2d mort., 68, 1904 A&O ili' Cona. ta, 1911 J&J Clam.& Bur. Co.— lat M., 68,'97.F&A Canada So.— lat M.,guar.,1908,J&J lOf »8 105% 2dmort., 58, 1913 M&S OarolinaCeut.- l8t,68,g.,1920.J&J 2d. inc.. 6s. 1915 A&O Oatawl88a-Mort.,7s, 1900.. .FAA Ask. 1051s 106 Bait. Short L., lat, 78, 1900.. J&J aev. Col. C. I.— lat, 78, '99. Consol. mort., 78, 1914 C— Ist, 6e, C01180I. M&N 2d mort., 58. 1931 J&J 3d mort., gold. 3s-4s, 1931. .F&A Income 5s. 1931 Scioto . Bell's Bid. Cin.&Sp.— 7s,C.(!.C.AI.,1901.A&O llli» 78, guar., L.S.& M.S.. 1901. .AAO 116 1141a Ciu. Washinuton & Bait M&N 1112 114 St.!.. Jack8'v.& C, let,7B,'9 1. A&O do l8tguar.(564).78,'94A&0 K.Mex.&8o.Pao.,lBt,7B,1909 A&O 1127'* 127% do 2dM. (360), 7a, '98.. J&J 1261s Pueblo & Ark.V., Ist, 78, g.,1903. 11251s do 2dguar.(188)78,'98.J&J Bonora, let, Tb. 1910, guar.. J&J 1021s 1031s 115 Atlantic— l8t, 68,1920.M&N 1113 Ch1c.& Wlc)ilta&8.W.,l8t,78,g.igua..l90'2 F&A 2d. 6a, 1923 125 12514 l8t,7B Atlanta & Cliarlotte Air li 107 B. & Q.— Cons., 7s, 1903.J&J 107 (Mc. --• Income, 68 J&D 85^ 871s Bonds, 58, 1895 "*.tlantlc& Pac. -Ist 68, 1910.. J&J A&O 21'8 58.1901 J&J 21 Incomes. 1910 M&N 96 58, debenture, 1913 Central Division, old, 6b A&O 76 58, 1919, Iowa Div new tie do A&O 21 do 13 48,1919, do Land Incomes, 1901. 1922 F&A Div., Denver A&O 107 1071s 48, Baltimore & Ohio -New 4 b M&S no's 4s, plain bonds, 1921 F&A 68 gold, 19:!5 Bur. & Mo. K., I'd M., 78,'93.AAO J&D {111 113 Bterlmg, 58, 1927 Conv. 8s.'94 ser.J&J do M&S (112 114 Bterling, 68, 1895 Bur.&Mo.(Neb.),l8t,6H,1918.J&J BterUng mort., 68, g., 1902. .M&S il21 123 128 do Cons, 6s, noii-cx..J&J do 68, g., 1910.M&N .'126 do 48, (Neb.), 1910... J&J Parkersburg Br., 68, 1919... A&O 117 120 do Neb.RK,l8t,7a,'96A&0 1911 .J&J Pot'c— l8t, 68, s., Bftlt.& do 0in.& S.W.,l8t.88,J&D I8t. tunnel, 6s, g., g'd, 1911. A&O 1221a Raii-road Bonds. 103 97 A&O. I126i« 127 Ches. &01iio-6s. 1911 112414 124% CUea.O. &8.W.— M. 5-68, 1911. F&A J&J tl09i4 toy la' Cheahire— 68, 1896-98 125 1122 CUic. &Alton— IstM., 7e, '93..J&.I Sterling mort., 68, g., 1903. .J&J 11041;; 105 llOOis 101 Bds. Kan. C. line,68,g., 1903. M&N Miss.Kiv.Bridge, l8t.,8.f.,6a,1912 IIOIJ4 101% 115 Louis'a& Mo.B.,lst,78,1900F&A 2d, 78, 1900 do 1127 Ja 129 mo Ask. §79 uumuuu; uu late tiaiiBaotloiu, . . 'W I 120% lis 791a 1 t Purohaser also paya aucrued Interest. I In London, i Ooupou oft. MJJ APKit- THE CHRONICLE. 1886. J 8, MJ J 4Q5 QB:^BIIAL gUOTATKi.VS OP rfr()0K3 A.VD BONDS—OoOTiNaBD. Por BspUaatlona Sea Mote* at Head of VIrat Pasa of 4|Hot«tli>«a. Btd. Railroad Bonos. 111. • JAJ Int. guld. 48, 11)51 111 DIv. re«. 58, 1021.. BterlliiK, a. K, f,», «., 1SW3..A&0 IH'.^ UlS JAI) tlU 8torllni.'.«iMi.M..08,K.,1895.A&O Storlliii.-. .".H. IOC'S JAU M&N JiD ISI07 Ten. Men, 78, 1897 68, lOftl, gold MlB8. l>u..2(l luort., 88 do do 2dM.,88,s)0,otf8.A&0 2dinori.dplit....AAO Ind. Bl.&W.— l8t, i)f.,78, l8tiuon.,.')-0. 1909 1900J&J A*0 A40 2d mort ,.>-«, 1909 £no<mu>, 1921 Eai<t.lMv..l8t mort. 68,1921. JAD . ASp.— l8t, 7e, 1906.AJfcO 1911 JAJ luort., 08, New 1st mort. 68. iii' 113 ItO MAN 1899 Mlch.CVnt.-ConBol., 78, 116% C01180I. 58, 1 902 1902MAN MAN MAN 117% lis 112 340 38 8>« 71 71 23 130 llOlt iBt M. on Air Lino, 8a, IBQO.JAJ 111! 1110 Air Line, lat M.. 8s, guar... Gd. Rlv. v., iBt 8a, gu»r.,'86.JAJ 1100 MAS MAS MAS 6s. 1909 58. coup., 1931 58, reg., 1931 KalamazooAS. n..l st.Ss.'eO.MAN tl09>a oo^ 37 ••••, 2( >« 6a, Invomes Debenture 10«, 1890-9.1 AAO •cnlp 10«. 1889 JAJ Mexican Nat.— l»t, 6a, 1013 ..AAO J.L.A8itg.Nortb Kxt.,88,'90.MAN do Cons.lat.M.,8B,'91.MAS 1117% do 69,1891 MAS t. Jollet A N. Ind., 1st, 7a (guar.M.C.) 120 Mich. A Ohio-lat, 6.-, 1923 ...MAN 95 Midd. Un. A Wat Uap-lstiuort 55 2d mort. .'8, quar. N.Y. 8. A W. M11.L.8 A W.— lstM..6s.l921.MAN II7I8 Mich. Dlv., lat, 6a. 1024.. ...JAJ 114 Aahlautt Dlv., lat 6a, ti«23..MAS 113 102 2d, liK-onin, 1906,Tr Co. oert.JAJ 2d JAJ xloan Cent.— l»t. 7a, 1911. .JAJ Scaled 49, 1911 JAJ l'.i3 116 100 tlOl 112 112 120 100 90 N.O..I»ck.A(it..V.,l»t,88,'86J&J 2d M 123 120 Hi.AN O.-lst con. 78, 181)7. 2il, tm, Ind. Ueu. 110 lu4 29 >« funded Ind'iuilm.V .'^t.L.— l8t.78, lOlO.Var. I112'« Railioad Bono*. Bid. letrop'n Elev.— lat, 0«, 1908. F&A MliIiTli' Clili' Railroad Bondi. Alk. 120 Cent.— l«t M.riilc.A 8pr.'98JAJ 1 !,<>• 41 39 8% 72 VorTk AW.—<len'l M.,6s,1931 MAN 73 New River lat Oa, 1932 AAO 23 14 Imnr. A Exten., 6a. 1934. ...KAA 133 Adjustment 7b, 1924 O.— M. Ill's NorrkAPetereb.,2d,8a, '93.J/kJ iim South Side, Va.,lBt,8s,'84-'90.JAJ no's do 2d M., ext.,1899JAJ 101 do 3d M., 6s,'8S-'gO.JAJ 100 Va.A TeoD.. 4th M.,8s, igflO.JA.1 109 do extended 5s,lB00.JAJ North Carolina— M.. 8s, 1888. MAN 110>s North Penn.-2d.7s. 1800....MAN Gen. mort., 78, 1903 JAJ il3 New loan, 6s, reg., 1005 MAS Northeaat.^.C— 1st M.,8s,'99,MA8 2d mort.. 8s, 1899 MAfl Nortbero, Cal.— 1st, es, 1907.. JAJ Northern Cent.— 4>s per cent.. JAJ 3d mort., 6a, 1900 AAO H7is Con, mort., 6s, g., coup., 1900.JAJ 08, g., reg., 1900 AAO 132 lnd'ftpolis.v Vln.— l8t,7B,1908.KAA 2d uiort.. 68, K., Kimr., 1900.MAN ! HO 114 119 Int.AUt.Nortli.— l8t,68,1019.MANi 117's 9,S 100 lat. Incomes Coup. 6s, 1909 MA8i SSig 89 102 104 St. P. E. A Gr. Tr'k, 1 at, guar., 69 Ionia A Uinalng— l8t8a.'89. ..JA.I tin's 112>« 106 Mil. A No.— Ist, 6s, 1910.... JAD 100 Iowa (It VA Weat.— 1 8t,7e,1909M A81 10313 lat, 68. 1884 1913 JAD raFallsASiouxC— l8t,78,'99AAOifl31i« i31% 136 93 Mlnn'p. A St. L.— Ist M., 1927. JAD i'33 Jefferson -llawl'y Br. 78, '87. .JAJ 124 lat M.. Iowa CityA W., 1909.JAD lat mort.. 78, 1889 JAJ 103 2diuort., 78, 1891 JAJ 100 Jefl. Mad. A rnd.— l8t,78,1906.AAO tlli% a.'>% Southwest. Ext., lst,78,1910.JAD 110 2d mort., 78, 1910 JAJ 117% U8% PaclHc Kxt., l«t. 69, 1921.. AAO 109 Junction (PUU.)— I8t,4>a8.1907 JAJ no 981s 99 2d mort., 68, 1900 Imp. A Eijuip. 6s. V.fZi JA.I AAO 116 102 Kau.C. nilut'n ASpriUKlleld— 18,5« 105 10a >« Minn. A N. W.— Ist, 58. 1934. .JAJ 101 119 1^:2 K.C.Ft.ScottAG.— l.'it.T.t.lOOSJAI) Ills 1181s Mlss.A Tenn.— l8t M., 8b, series "A" Pleas. UiU A L)e Soto, Ist, 7s.l907 tug's 130 88, serie8"B" JAJ 105 Is 107 Kansas C. Lawr. A So. 1st, On. 1900 )113>s 114 Mo.K. AT.-Con8.a8a..l904-6.FAA 114% 115 126 Consoiid,iled 6a, 1920 K.C.St.Jo8.AC.B.—M. 78,1907. JA.I I12.'i JAD 93 14 93=8 Consolidated 5a, 19'JO K.C.Spr.A.Mcm.— let.«8,19'23.MAS 110 no's JAD 7958 "Ws Kentucky Central— Os. 1911. ..JAJ lat. 6s. g., 1899. (U. P. 8. Br.lJAJ Stumped Js, 19U Boonev'eB'ge,78.guar,1906.MAN JAJ fii 115 KeokukADeaM.— lst.5e,Kuar.AA0 108>s Han. A C. Mo., Ist 7s, g.,'90.MAN Knosv. A Ohio Ist. 68, 19v:.'>. ..JAJ 911s Mo.Pac— lat mort.,6s,gld,'88, FAA lOl'g lO.". 93 94% liJIrle A West'u— l8l,68,1919.FAA Consol. 6e, 1920 MAN 111 Ill's 114 24 Inoome, 78, 1899 2d mort., 78, 1891 JAJ 85 80 Sandusky Dlv., 68, 1919 .. ..FAA Car. B., lat mort., 6s, g. '93..AAO 15 30 do income, 1920 3d mortgage, 78, 1906 MAN 123 La/. Bl.A Mun.,l8t, 68,1919. MAN "39' loo's Income, 78, 1892 MAS "55' 60 40 do income, 78, 1899. Mobile A O.— Ist pref. debentures. 35 Lake Shore A Micb. So.— 2d pref. debenturea 35 CI. P. AA8li.,new78, 1892. .AAO 120 3d pref. debentures 30 130 Bufl. A E., new bds, M.,7a,'98.AA<) 4th pref. debentures Butr. A State L., 78, 1880.... JA.I New mortgage, 6a. 1927 JAD II3I4 120 Det.Mon.ATol.,l8t,78,1900.FAA Collateral trust Ga. 1892 ....JAJ Kalamazoo Al.AOr.R.,l8t,S9. JAJ 106 1st extension 68, 1927 Q— lOJis Eal.A .'iihoolcraft, Ist, 8s.'87.JAJ Morg'n'sLa.ATex.,l3t,68,1920JAJ 111 1-20 119 Kal.A Wli. PlKeon,lst.78,'90..JAJ Ist mort., 7s, 1918 AAO 14514 147 Dividend bonds, 7e. 18P9...AAO 12J Morris A Essex— 1st, 78, 1914 MScH 114 :3iit IkS.A M. S., cons., cp., l8t,73.JAJ 130 2d mort, 78, 1891 FAA 129J9 do con8.,reg.,l8t,7s,1900.Q— Bonds, 78, 1900 JAJ Vio 126 do cone., cp., 2d,78, ia03..JAlJ 1;!3>4 124 AAO 127 1 2a Is General mort., 7s, 1901 do con8.,reg..2d, 78,1903. JAl) 123 JAD 1J4 135 Consol. mort., 7s, 1915 Mahoning Coal RR. 1st. 5b. JAJ i'o'i' Nashua A Low.—6s, g., 1893. FAA 111 Ill's 112 111 Lawrence— Ist mort., 7s,1895.FAA 58, 1900 Lenigh Val.— let,68,coup., '98. JAl) 125 Nash v.Ch.A 8t.L.— 1 st, 78,1913 JAJ 129 1st mort., 68, refi.. 1898 JAl) 125 JAJ 2d mort., 68, 1901 141 2d mort., 78, 1910 MAS Nashv.A Oecatur-lst,7s,1900.JAJ f Gen. M., s. f., 68, g.,1923....JAIi i36" 136% Natchez Jack. A Col.— 1st, 78. 1910 L, Miami— Renewal 58,1912.. MAN 109 Newark A N. Y.— lat, 78, 1837.JAJ 104 L.RocKAFt.S.— lat,l.gr.,78'95.JAJ H6H 117 New'kS'setAS.- lat.78,g.,'89.MAN 100 Long Island- Ist M.. 78, 1898.MAN N'burghAN.Y.- Ist M. 78,1888.JAJ loo 100 Istconsol. 58, 1931 Q— New Jersey A N. Y^.— 1st mort 98 South Side, Ist, 78, 1887 MAa tioi N. J. Southern— Ist M.,new 68.JAJ 114 Newtown A Fl., 1st, 7s, 1891 N.Y. A Can.-£ M.. 69, g., 1904.MAN 112 « ULCliyJi Flushing— 1st, 69.1911 108 cert. Y.Cen.AH.-Dobt ex.SsMAN N Lon'v.C.A Lex.— l8t,78,'97 JA.I(e\) 115 116 JAJ 137 1371s Mort., 78, coup., 1903 2d mort., 78. 1907 AAO 115>4 116 JAJ 137 Mort., 78, reg., 1903 Louisville A NashvilleMAS 109 110 Debenture 58, 1901 Consol. lat, 7s, 1898 127 i2i>s: 1903. Sterlingmort., 69. g.. ..JAJ tl2.i CecUian Br., 78, 1907 MA8 105 107 New York Ccutral-(ia, 1887. JAD 10588 Louisville loan, 68, '86-'87..AAO 94 N.Y.ChicA 8t.L.-l«t,U8,1921.JAD Leb.-Knoxv. 68, 1931 731s MAS MAS 2d 6s, 1923 Louis. Cln. A l^x.,68. 1931. MAN Oil* N.Y.CityA No.-Gcn'l,68,1910MAN Mem.A 0.,8tl., M.,78, g.,1901 JAli ;i20 122 el's Tru.at Co. receipts M.ACIarksv.,st'g,08.g.,1902 FAA ;ll6 119 N. Y. Elevated.— 1.St .M., 1906.JAJ 125 K, O. A .Mobile. Ist 68. 1930. JAJ 1031s 1041s N. Y. A Greenw'd L.— 1st M. Inc. 6s 26 do 2(1,6.a, 1930 ...JAJ 5 91 2d mortgage income Pensacola Dlv. ,l8l,6s, 1920.. MA8 90 90 >s Ji.Y.AHarleiu— 79,coup.,1900..MAN ISBHl 138 Bt. Loula Dlv.. iBt, 6s, 1921 131 109% N.Y. Lack. A W.-lst.Os, 1921. JAJ MAS 2d., 38„ 1980. MAS 52 FAA lO^is 109 14 „ do 2nd, 58. guar., l'.)J3 Sash. A Dec, lat 78, 1900. ..JAj 118 i'2'2" N.Y. L.E.A W.— l,st.78,'97,ext.MAN 127 E. H. A .\., lat 63, 1919 JAD 116 1181s •2d mort. exten., 5a, 1919 ...MAS 11516 Gen'l mort., 69, 1930 JAD 107 107 14 3d mort. ex. 4is9. 1923 .MAS 109% Bo.ANo.Ala., S. F. 68, lOlOAAO' loo's 4th mort., ext.. Sa, 1920 AAO ll3ii lat luort,, sinking fund, 8s .. .. 106 110 5th mort, 78, 1888 ,IAD 108 isj 109 Trust houds. 68, 1922 Q— 1021s li3 lat cons. M., 78, g..l920 MAS 133 134 Ten-forty Os. 19;;4 Man 90 91I9 New 2d cons. fia. 1969 JAD Pensa. A Atl.— l8t,6s,gu,'21.FAA 87 90 ex June. '86, coup 88% 89I4 do L'BV.N.A.AChic— l8t,(j8,1910. JAJ 109 110 106 Collateral Tr. 6m. 1922 MAX Gen. mort. 6», 1914 AAO JAD Fund. 58, 1969 lo'lav.N.O.ATex.-l8t,58,1931.MAS 90% 130 >a lat COD4. fiindcoiip.,7B,1920MA6 Maine Cent.— Mort. 78, 1898. ..JAJ (121 123 JAD 2d COD J. f 'd cp. .".a, 1 969 Exteii. bonds, 68, g., 1900. AAO HI 113 Reorgunizut'n lat lien, 6s, 1908 Cons. 78,1912 AAO 130 132 Gold income bonila. 69, 1977 Androscog.A Ken., 68, 1891. FAA ilOO 108 Long Dock mort., 7s, 1893. .JAD 118 118% Leeds A Farm'gt'n, 68, 1896.JAJ 111 113 con. g., tia, 19J5 ..AAO 1 1 do Portl. A K.,Coii8. M., 68, '95.AAO 112 114 130 (f.Y.A y.Eng.— 1st .M., 78, 1905JAJ 128 Debenture, 68, 10-20 106 108 morl., 68, lOO.". JAJ 119 I '20 lat 76i« Man.Beacli Imp .ilm.,7s, 1909,MAS FAA 10-< 108 »s 2d mort., 6a, 1'.I02 N. Y. A Man. Beach. 1st 7s,'97,JAJ 92 FAA 88 •2d, 68 (scaled to ;ia) Marq'ttello.A O.— Mar.AO.,88, '92 lie's 117 N. Y. N. H. A H.lst r. 4a,1903.JAD IIOI9 tl2is 68, 1908 MASi 107 100 N.Y.Ont.AW.--lat.g.,K9,I9l4.MAl lOJ's 101 ea, 192:) (extension) JAD 102 103 N.Y.Pa.A O.— lat, iiic.,acc.7a, 1905 ;41 42 68, 1925 (Mary. A West.). ...JAR 110 971s 98 prior lien, ino.ao.,d-6B,'95 tl05 do Mem.AUR'ek— lat miirt.,88, 1907. 110 113 2dmort.lnc Ill's 12>s Memiib.A Charl.- l8t,7s, 191,5.JAJ 124 6 15 3d inort. ino 2d mort., 7s. extended JAJi 124 76 L'sed L.rental t r'af73,Tni8.oer.78 174 lat consol. 78, 1915 J&j' 117 119 8s, 55 1876.. JAJ (50 West. ext. oertifa, iBt. cons.. Tenn. lien, 7a,1915 JAJ' 1^5 35 do do 78, guar. Erie j.'SO [t l'^7 . . I , • ' I ' ' Price nomlBal; no late transaoUons. t Forobaaer also pays acorued interest. Bid. N.Y.Prov.AB'n-(Jen.7». 1809.JAJ N.Y.Siiao. A W.-lat,6s. lOll.JAJ I)Kb«iitiirr» 6a 1807 FAA MidI'dof N. J.-Iat.na.iniO.AAO N. Y. Wooil.A Rock , 2d Ino. 1912. { Mort. bda., 58, JAJ 1926, seriesA iSfi 851* S64 eii* Io« 107 >i 109 105 107>a 80 00 87'! 112 88^ tlOS »105 itao 106 1271* 130 132 113 130 130 113 1081* 124 122ii uo>a 118 ion's 108 series B Con. mort, atg. Oa, g., 1904... JAJ Northern, N.J.— lat M.,6a,'88.JA.I 1100 North. Pac, P. D'O Dlv.— 68, ."WAS fl03 do MAN Mo. Dlv. 69. 1919 Gen'l 1. g.. lat, 68, 1921 JAJ Gen'l I. g., Ist, ea, reg JA.I Gen. land gr.,'2d, 68. 1933... 102 105 1104 114% AAO 0;% 114''s 115 95 North. PrtC.Ter. Co. -l8t,6s,'33.JAJ 105 105 \ JaniPS RIv.Val.— ;8t,g.,68,'36JAJ 103 Norw'hAWoro'r— 1st mT, 6b.'97.JAJ tl20>s 121 Oitd'nsb'gA l.,.Cb.— lat M.68,'»7,JAJ 1104% IO314 ainking fund, 88,1890 MAP 1109 112 Cohsol. ,6s, 1920 AAO 96 Income, 3b A 681920 Ohio Cen.— Rlv. Div., Ist, 6s.. 1922 do Income, 69, 1922 30 8 1 OhloAMlss.- Cons. S.F.78,'98.JAJ Cons, mort., 7b, '98 JAJ 118 2d mort., 78, 1911 AAO Ist gen , 59, JAD 1932 lstmort.,8pringr.Div.,l905 MAN Ohio Southern— lat 68, 1921... JAD 2d Income, 69, 1921 31 12^ 2 123 118 9« 96 H'S% 104 35 36 FAA I12li« 122 JAD lllh% 119 Old Colony— 68, 1897 68, 1895 78, 1894 4is9, 1897 M&B JAD 1122% 123 112 Bo8t.C. A Fitcbb ,l8t,7s,'89-90JAJ 1111 B. C. F. A N. B., 58, 1910 ..JAJ 113% N. Betlford RR., 7s, 1894 JAJ tl2lis Oreg.ACal.— Istes, 1921 JAJ (105 2d mort., 78 . 112t« lllia 1141a 1231a 107 OrcgonATranscont.- 68,1922MAN '97^8 Va" Osw.ARome— lat M., 7s, 1915.MA> 1124 Panama— Sterl'K M.. 78. g. '97.AAO Jll3 115" 98 Sinking fund sub., 68, 1910. MAN Subsidy bonds, Eng. issue, 68... llOi ibs" 40 ParisADec't'r— lstM..7s,g..'92.JAJ 135 Penn.RK.-«en.M,69,cp..l910Q— Gen'l mort., 6s, reg., 1910. .AAO 134 126 Cons, mort., 68, reg., 1905. .Q— do 69. coup., 1905. .JAD 126 Collateral trust, 4138, 1913.. JAD 102 JAD 112 Consol. 5s, 1919 no's 112 Penn. Co., 69, reg., 1907. ...Q.— l8tM.,4i38, 1921.JAJ lOJM 106\ do Penn.A N.Y.Can.- 1st. 7s, '96. JAD 121 •• l8t mort., 78, 1906 JAD Pensacola A Atlantic- Ist m..FAA Peo. Dec. A Ev.— 1st, 68, 1920. JAJ Incomes, 1920 Evansville Dlv.,lst 68,1920.MA8 income, 1920. do Peo.A Pekln Tin.- l8t,68,1921.(^F AAt 89 109 59 101 190 Cons, raort.. 69. 1913, sterling .. JAJ 110% Petersburg -Class A, 1926 AAO 109 Clasa B, 1926 108 JAJ Phila. A Erie-2d M., 78, 1888. Gen. M.. guar., 6s, g., 1920. .JAJ 1125 120 l8tM.,78,'97.AAO SunburvAErie, Phila. A Read.— Ist, 6s, 1010. JAJ AAO 2d, 79, '93 113 o9<s| 107% 107J9 60 100 110 109 127 125 129 iizo" 25 JAJ Debenture fis, 1893 Consol.M.,78.19ll.reg.Aop.JAD 1'28 180 JAD 118 Consol. mort., 68, 1911 107 Improvement mort., 6s, '97. AAO JAJ 1(:0<« Gen'l molt., 68, 1909 30 JAJ Convertible, 78, 1893 MAN 70 75 Cons. 53, lat series 33 FA.\ Cons. 5s, 2d aeries 65 JAJ Conv. a<y. scrip 30 35 Scrip for 6 deferred "s coui>on8 10 8 Deferred income Income mort., cons. 78, '96, JAD 25 CoalA I.. guar.,78,'92.ex-op.MAS PhUa. Wll. A Bait.—«8, 1892.. AAO 1107 100 AAO 115 116 68, 1900 JAD tI07>s 100 58, 1910 JAJ 101% 103 Trust ceru., 48, 1921 65 71 PIttab.Bradf.A d.— lst,68l911AAO 122i« PIttab.C.A St.U— lst,7a,1900.FA.4 AAO 2d mort., 7s, 1913 Pltt8b.CI.ATol.-l9t, 6s, 1922. AAO PIttsb.ACon'lUv.— latM.7B,'98.J.W 130 Sterling oona. M.,68,g.,giu»r.JAJ tl'28 Plttsb.Ft.W. A C.-lst,7B,1912 Var 144 JA.I 1401s 141* 2d mort., 7s, 1912 AAO 135 lst,69,1932.JAJ PIttsb. .McK.A Y PIttab. J; West.— Ut mort Portl'iid.^Os'b'g -lal68.g.,l900JAJ Vt. div.. 1st iT..6s,g.,189l..MAN Port Royal A Aui;. -l8t,6a, '99. JAJ JAJ Income mort.. l^. 1899 65 100 35 103 35 3dinort.,7s.l9l2 In Loudon* — V Coupon off. 40 F J . .) THE CHRONICLE. 426 [Vol. XLSl. GENERAL QUOTATIONS OF STOCKS AND BONDS— Contixitbd. For Explaaatlons See Notes at Head of First Pa^e of Quotations. Railroad Bonds. Ask. RAILROAD Stocks. 71 & Bl'k R.—Mort, 78, '91. J&J Ver. & Mass.— Guar, os, 1903 M&N /loksb. & Mer.— New 1st mort 107 113% 114 95 94 109 110 112 106 2d mort 3d mort., Income /a.Midland-l8t ser.,6s,1906.M&8 M&S 2d series, 6s, 1911 M&S 3d series, 5-6s, 1916 M&S 4th series, 3-1-.58, 1921 5th series, 58, 1926 M&S Bid. Een.&S'toga—lst 78,1921 oou.M&N 146 Kich'd&Allegli— l8t,78, 1920. J& J Trust Oo. receipts M&N 2dmort., 68, 1916 Rich'd & Dauv.— Con.,6s,'90..M&N J&J General mort., 68, 1915 A&O Deljemure, 6s, 1927 AA-i Piedmont Br., 88, 1888Elch. Fred. & Potomac— 68,ext.J&J J&J Mort,78, :L881-90.. Bloh. & Petersb., 8s,'84^'86...A&0 1915 J>Jew mort., 7s, Elchmond York 2d mort., 68 Bocli.& Pitts., BXv. & Clies., M&N 8s. . M<SiN 1921...F&A 106 Incomes, cumulative Wabash— 1st, 128 118 100»2 1021a J&D 115 110 112 Income, 1921 BomeWat'n&O.—8.F.,78,1891.J&1> 115 il7ia l8t, 6s. Consol. l8t, 6s, ] 922 do 2d mort., 1892 58,1922 1932 78, Consol., 1st ex. J&J 109 A&O 92 52 9i 521* Income Ts, Butlana— Ist M., 6s, 1902. ...M&N 11091^ 109% 90 F&A Equipment, 2d mort., 5s Bt. Jo. & Gr. lel'd— lst.guar.68.1925. 109 60 60 ig 2d mort.. Incomes, .5s, 1925 8t.L.Alt.&T.H.— Ist M., 7s, '94.J&J 117 2d mort., pref 78, 1894 .... F&A 112 ...M&N 105 2d Income, 78, 1894 .. DiT. bonds, 1891 Bellev.&S.Ill.,l8t,S.F.8s.'96.A&0 Bellcv.& Car.. Ist 6s, 1923. .J&D Bid. F&A Q— F&A F&A Cons. mort.. 7s,1907.oon Ist. St.L. div.,V8, Gt West, 1889 Ill.,l8t, 78, '88 2d, 7s, '93.... M&N do Q'ncy &To!.. lst.7a.'90 ...M&N Han. 50 ext., 7s. '90, ex. A&O Mort, 7s, 1879-1909 2d mort., 7s, ext. 1893, ex. .M&N Equipment 78, 1883 M&N J&D Gen., 6s, 1920 Chic. Div., 58, 1910 gold J&J Havana Div., 63, 1910 J&J Indianap. Div., 6s, 19K1 ....J&D Detroit Div.. 68, 1921 J&J Quinoy Mo.& P.,l8t,6s, «aar.l909 Cali-oDlv.. 58,1931 J&J m.& & Naples, 8.1a., 118 111 114 1st M&N Ist, 78, '88. fi8, F&A 1912 8tL.K.C. &N. (r.e8t& R.),78.M&S 1Y3 do Om.Div.,lst7s,1919.A&0 1151s do Clar. Br., 68, 1919.. F&A Bt. Louis & I. Mt.— l8t,78. '92,F&A M&N 1181s 2d mort., 7s, K., 1897... do No. Mo., 1st, 1895. ..J&J Ark. Br. 1. gr., M., 78, g., '95.J&D 114 do St Clia's Bridge 6s, 1908 Cairo Ark. & T.,lst,7s,g.,'97.J&D 114 Wab. Fund. 1907- Var. 78. F&A Various6s F&A Cairo & Ful., lst,l.g.,7s,g.,'91. J&J 109'e 110 do 93>2 W.St. L. & P.-IowaD.68. 1921M&8 93 Gen. oon. r'y & 1. g., 5S.1931A&0 Trust Co. receipts Bt.L.& S.Fran.— 2d, cl.A,1906M&N 110 class B, 1906 M&N M&N do claesC, 1906 Bouth Pacific.- Ist M, 1888 .J&J Kan. C. &Sw., lst,6s,g., 1916.. J&J 2d M., Pierre C. & O. Ist, 6s F&A J&D J&J F&A M&8 Equipment 78. 1895 General mort.. 68, 1931 Trust bonds, 68, Iflao St. L. W. & W., 68, 1919 8t.L.Vand.&T.H.-l8tM.,7s,'97.J&J 11014 96'fl 103 105 103 3n 120 102 110 2d, 7s,guar., '98 Bt. P. & Dulutli— 1st, 58, 1931. F&A IU8 8t.P.Mlnn.& Man.— l8t 78,1909 J&J 1121a 2d 6s, 1909 A&O 118>s Dak. Ext.. 68. 1910 M&N 1st consol. 6a, 1933 J&J 12114 Minn's U'n, lot, 68, 1922 ....J&J 116 Bt. P.& Nor. Pac— lst,68, 1923.F&A tll3 Bandusky Mausf.&N.- l8t, 78,1902 tll6 Bav.B'l.&W.-At.&G.,con.78,'97.J&J 119 S.Ga.& Fla., Ist M. 7s, 1899, M&N tll9 90 Boioto Val.— Ist, 7s, slnk'g fd.J&J 2d mort, 78, sink'g fd A&O 60 Consol. 7s, 1910 J&J 55 Bhenandoan Val. l8t,78,1909.J&J General mort., 6s, 1921 A&O 28 Bloux 0. & Pac, 1st M., 68,'98.J&J lOHis Bodng Bay& So.— lst,58,g.,1924 J&J 100 Is Bo. Carolina— IstM., 68,1920. .A&O 108 2d mort, 68, 1931 J&J Income 6s, 1931 26% Bo. Cen. (N.Y.)— Consol. mort., 58.. 5'J 8o.Pae,Cal.—l8t,6s,g., 1905-12 A&O IO6I2 Bo. Pao.,Ariz.—lst, 68,1909-10. J&J 104 Bo. Pac. N. M.— I8t, 68, 1911 .J&J IO314 8outliwe8tern(Ga.)— Conv.,7s,188« Staten Isl. Rapid Trans.- Ist mort. 112 Bummit Br.— Isc. 78, 1903 J&J 103 Bnnb.Haz.&W-B.— l8t,58,1928M&N 106% 2d mort, 68, 1938 M&N Bnsp.B.&ErleJunc— 1st M.,78 tllO Byr.Blng.&N.Y.— con801.78,'06A&0 Tex. Cent. -l8t,sk.M.,78,1909M&N 711s Ist mort., 7s, 1911 M&N 71»a Texas & New Orleans— lst,7e. F&A Bablne Div., 1st, 6s. 1912. ..M&S 105 Texas & Pac— 1st, 68, g.l905 M&S Consol. mort., 68, gold, 1905. J&D 75 Inc. and land gr., reg., 1915. July 39 2d mort., 78, 1898 M&N M&N l8t (Rio Or. Div.), 6s, 1930.. F&A do ex Aug. coup. Gen'l mort.& term'l tis,lao.iA&0 N.O.Pac, Ist 6s, gold, 1920.J&J lexas&St. Louis— l8t,6s,1910 J&D Land grant, incomes, 1920 Mo. & Ark. DlT., 1st 68... 1911 Tol.A.Ar.&N.M.— lst,68,1921.M&N Tol.A.A. AGr.T., l8t,68,191il.J&J ToL Cln. & St Louis— 1st mort.. .. Income Tol.Del'8& B.— Istmain, 6s, 1910 do main line, ino, 68, 1910 T0I.& Ohio Cent— 1st Ss, gu.l935 Tol. P. & Beg. Om. 88, 1893 M&S M&S Bridge, sterl. 88, g., '96.A&0 OoUateral trust 68, 1908 J&J do 5s, 1907.... J&D Kans. Pac, Ist, 6s, 1895. ...F&A do IstM., 68, 1896 J&D do Deny. Div., 68 M&N do 1st cons. M.,68,1919 M&N Oregon Short-L., 68, 1922 .. F&A "y?? Cen.— Ist M.. 6a, g.,1890. J&J Utah 80., gen. M. 78, 1909... J&J ao extens'n,lst7s.l»09J&.T * A'est'nPenn.- 1st M., 68, '93.. A&O J&J Pitts. Br., lat M., 68, '96 121 65 75 33 110 Wheeling & L.Erie— lat. 6s, g., 1910 Wichita & Western- l8t6s....J&J Wilm. Columbia & Augusta, 6s Wil.& Weldon—S. F., 5s, g., '96. J&J vVlscouain Cent— lat 8er., 5s, 1909 2d series, 78, 1909, if earned Wis. Vallev— 1st, 7s, 1909 J&J W ore'r & Nashua— 58, '93-95 Var. Nash. & Rooh.. guar.. 58, '94. A&O . . RAII^ROAD STOCKS. Ala. Gt. Par South.— Lim., A., 6s,pref.. 88 Lim., B, 2714 Ala. N. O. com & Pac, &c., prel do do def . . Susqueh., Guar., 7. ..100 Allegheny Valley 50 Atchison Col. & Pacific Atchison Topeka & Santa Fe. .100 Atlanta & Cliarlotte Air Line 107% Albany & 116 105 Atlantic & Pacific lOi) . . 961a We8t.,l8t 7s, 1917.. .(J— Cam. & Amb.,mort. 6s. '89.M&N Union Pacific --l8t,6s,g. ,'96-'99 J&J Land Grant, 78, 1887-9 A&O 123 A&O latmort, 78, 1899 A&O Consol. mort, 6s. 1909 J&J West Shore guar. 48 Weat'n Ala.— Isc M., 88, '88. ..A&O A&O 2d mort, 88, guar., '90 *'n Maryl'd— End,l8t,68,1890.J&J latmort., 6s, 1890 J&J End.,2dmort, 6s, 1893 J&J 2d mort, pref., 68, 1895 J&J 2d, end. Wash. Co., 68, 1890 J&J 3d, end., 6a, 1900 J&J W'uNo.Oiirolina-l8t7s,1890.M&N Consol. 6s, 1911 J&J iugusta & Savannah, leased. .100 102% Baltimore & Ohio 100 ' do Ist pref., 6 100 l36 do 2d, oref Washington Branch 100 Parkersburg Branch 100 Boston & Albany 100 106 Boat. Con. & Montreal., new. ..100 do Pref., 6... 100 78 Boston Hoosac Tun. & Western 3914 Boston & Lowell 100 59 Boston & Maine 100 5314 5314 Boston & N. Y. Air-Line, pref Boston & Providence 100 6214 63 Boston Revere Boach & Lynn. 100 72 Brooklj-n Elevated., new 71s Brooklyn & Montauk 100 42 do 100 Pref 83I3 861a Buff'. N. Y. & Erie, leased 100 101 198 Bufi'aloN. Y. & Philadelphia... 50 do do Pref... 50 Burlington C. Rapids & Nortll.. 100 Trust Co. receipts United Co'sN.J.—Cons.,63,'94.A&0 Sterling mort., 6s, 1894 M&S tU3 do 68,1901 M&8|U'-20 Sink. F., 88, 1893 SVarreu (N.J.)— 2d, 78, 1900 ..A&O W. Jersey & At. 1st M.,6sl910M&8 1051a West Jersey -1st, 68, 1896 J&J 109'^8 111 105 Cairo & Vlncennea, pref California Pacific 9714 Camden & Atlantic do Pref Railroad Stocks. 96 112 80 113 Cliieago& Alton Chicago & Atlantic Chicago Burlington & Qiuncy..l00 10 15 Chipago & Canada Southern 121 Chicago & East Illinoia 118 117 Chicago & Grand Tnmlt 105 Chicago Milwaukee & St. Paul.KK) 67 70 do pref., 7. loo 103 104 Chicago * North Western 100 do 731s 75 Pref., 7.. 100 115 Chicago Rock Island & Pao 100 85 Chic St Louis & Pitts 100 104 lei's do pref 100 Chic. St. P. Minn. &Om.,com..l00 55 56 do .100 pref. 891s Chicago* West Michigan 100 Cln. Blamllton & Dayton 100 do Pref 89 Cin. Indianap. St. Louie & CliiclOO 80 Cineinuati & Milford Cincinnati N. O. & Tex. Pac 100 96 Cln. Sandusky & Cleveland 50 IOSI4 119 do Pref., 6.50 112 114 Cin. Washington & Bait 100 10418 105 do pref.. 100 95 Oler. Col. Cin. & Indianapolis.. 100 Cleveland & Canton 100 do do Pref.. 1121a 111. Clev. & Pittstiurgh, guar., 7 50 95 97 Columbus & Xenia, guar., 8 50 Col. Hock. Val. & Tol 100 114 Columbia & GreenvUle,pref 100 103 Concord 50 Concord & Portainoutb,guar.,7 100 Connecticut & Passumpsio 1 00 Connecticut River 1 00 Danbury & Norwalk 50 120 Dayton & Michigan, guar., 3%.. 50 1081s do Pref., guar, 8.50 lis Delaware & Bound Brook 100 1281s Delaware Lack. & Western 50 116 Denver & New Orleans 10239 102% Denver & Rio Grande 100 106 110 Trust Co. receipts.. do 109 Denver & Rio Grande Western 102 104 Des Moines & Fort Dodge 100 103 Pref.. do do 100 Det. Lansing & Northern, com .100 1031s 104 do Pref. 100 do 1031s 104 Dubuque & Sioux City 100 120 East 'Tenneasee Virginia & Ga.lOO do Pref. do 901s 93% Eastern (Mass.) 100 IIS-^B Eastern in N. 100 115 Eel River 100 Elizabeth Lex. & Big Sandy 100 106% 107 Elmlra & Wllliamaport, 5 50 118 119 do JPref.,7..50 109 113 Erie & Pittaburg, guar., 7 50 86 90 Evansvllle & Terre Haute 50 43% 44% Fitchburg 100 125% 127 Flint & Pere Marquette 109 111 do do Pref 109 111 Fort Wayne & Jackson do do Pret Fort Worth & Denver C 100 9 8 Galv. Harriab. & San Antonio 3 12 Georgia Pacific 3 !2% Georgia Railroad & Bank'g Co. 100 1 Grand Rapids & Indiana t% 138 138 Grand River Valley, guar.. 5.. 100 Green Bay Winona & St Paul.. 100 Pref.... 100 do 89=8 89% Harrisburg P. Mt. J.& L., guar., 7.50 92 91 Houston & Texas Central 100 8I4 Huntingdon & Broad Top 8 50 do do Pref... 50 165 170 nilnola Central 100 135 Leased line, 4 p. c 100 do 128 Indiana Bloomington & West'n 100 230 Indian. Decatur & 8p., com 6 7 do do Pref... 100 189% 190 Iowa Falls & Sioux City 100 10 15 Jeft'v. Mad. & Ind'p's, leased.. 100 98I4 98% Joliet& Chicago, guar., 7 100 Kansas City Ft Scott & Gulf... 100 127 128 pref.. 100 do do 192% 193 Kans. City Springf.& Memphis 97 97 Kan. City Clinton & Sprlngf Id. 1 00 189% 190 100 Kentucky Central 127% 128 100 Keokult & Des Moines 29% 100 Lake Erie & Western 10 100 Lake Shore & Mich. So 35 50 Lehigh Valley 100 Little Rock& FortSmith 43s Little Miami, leased, 8 guar.. .. 50 50 8% Little Schuylkill, leased, 7 55% 65 50 Long Island 100 Louisiana & Mo. Riv. Com 87 4 .50 & Canada Southern . . Purchaser also pays accrued interest 42 38 40% 88% 118% 119% 107% 10738 133's 140 125 16' 7 19 7 14 27 105 76% 77 8s% 96 11% 45 15 48 4% 50 5 22 23 151 151 160 32 43 108 118 90 32I4 lOAH 90% 181% 183 62 155 148 150 126I4 126% 21% 22% li% 17 4 8 10 70 108 6J 75 109 70 2% 2=8 51, 8158 101 ) 6 82 101% 45 62 107 78 80 122% 123 18% 19 92 93 20 20 10 175 7 12' 11 10% 16% 26 12 25 I39J4 139% 99 24 24% 70 80 120 80 130 56 45 6 12 82 5 57 71 85 135 58 48 12% 82% 57% 36% 37 159% 160 i 80 89 90 16% 44 39% 40 Pref Chai-leston Metropolitan Elevated Mexican Central Mexican National 33 33 100 114% 115% 100 200 202 18% 18% 100 128 ..100 27% 82% 100 100 25 100 100 do pref 100 Michigan Central 51 Michigan & Ohio 60 Pref do 41% Midland of New Jersey 100 35% Mil. Lake Shore & Weat 11% do Fret.. ..100 do 100 18% Milwaukee & Northern .50 11 Mine Hill&S. H. leawd 32 128% 28 S3 34 7% 7% 4% 28 52 55 14 33 11 17% 134 J 16>4 51% 55 1 2% 3% 7% 67% 79 48% 49 41 39% 100 Ohio. 100 Manhattan Beach Co Memphis & 32 3914 101% 101% 50% 112% 15% " do 27 40 56% ManhattKU R'y, consolidated 14% Marq. Houghton & Out 11 127 10% 12% Pref, 4038 Macon & Augusta 66% 68% Maine Central 17% Manchester & Lawrence 60 88 8S , . & Naahville New Albany & 7 2 H Louisville Louisville 98 143 133% 134 . 50 Ask 5% 90 do 1171s Canadian Pacific t Bid. 97 100 100 140 Cheshire, pref , 100 100 115 Catawissa 50 123 do lat pref 50 IIOI4 UOis do 2d pref 50 II6H1 117 Cedar Falls & Minnesota lOu lOJia Central of Georgia 100 1171a 119 Central Iowa 100 do laturef 100 ;i23" 128 do 2dp"ref 100 Central Maasachusetta 100 do pref. 100 Central of New Jersey 100 112 114 Central Ohio .50 USifl 115 do Pref 50 104 Central Pacific 100 lOlifl 102 Charlotte Col. & Aug 100 90 94 Chesapeake & Ohio, common 100 90 do Ist pref... 100 85 88 do 2d pref.... 100 Price nominal no late tranaat ; tlons. Ask Jtloa In London. § (Juotations per share. U 20 37 39 66% 68 i 64 Coupon off. % . April J . 5 . THE CHRONICLE. 8, 1886.] 427 GEMKR.VL QUOTATIONS OP STOCKS AND BONDS— Continobo. Par BzpUnatlooa Ha» Note* at Hamt af rirM Pac* of Qactatloaa. Railroad Stocks. A do Pref 100 . . . vVll. 17 40 19 VlHOonsiu Ceutral . 26°8| Pref do K»ii.JiTox.l(H) . Voro'terANashua. 100 100 >« 107 12 IS 137>« 140 irii.,7.r>o 45 14 48 V St. L.25 160 .11.. 100 150 Ml.sKoiirl I»a<'lllo..-100 Caesap. , N Conu ... .i.Jk do du Kew Jersey A New Pref. Jersi^v Coiitliyni. 2i iHl Ptt.D.cp.,78,.MAS I.ehigh Navigation- . do Pref. 100 B.Y.AN.EnKlaud.KX) do Pri'f.lOO N.Y.N H.& H.»rtf.lOOi N.Y.Ont.A West. 100] K. Y. Peim. AOIilo do 7»fl 15% 15 Oons.M.,19il78jAD I'enn.— (i«. ooup., 1910 Uifl^ 20 ^ 20 17% 68,imi>.,cp.,'80MAN 6s,btAear,1913MAN 7s,btAcar,1915MAN iusq.— 6s,cp.,191'jJA,l 78. coup., 1902.. JAJ ... Pref. B.Y. Prov. & Host. 100 N.Y. 8us(|. & Wcitcrn. do Pref. N.Y. West Shore &B.. Korf.&\Vc8t„ eom.lOO pref. 100 do 7 CANAL STOCKS. 21% 22 Del. 2!)8 28>4 28% 77 No. Peuiis)"lvauta..50 Northern Central ... 50 'Vsifl NortU'n N. Uanip. 100 126 25 >s Nonh'n Pac, coin. 100 25 PrelMOO 55's 56% do Norw.A Worcester. 100 17a 180 18 20 OKd. & 1.. Champ. 100 Ikl 100 1% Ohio Central Morris, guar., j 2% A do Pref.... Pltt8.Ft.W.&C.,t'iiar.7 Pltt8biir« i.t Western.. Port.Saco APort.f ,!9d 6 Port Royal Sc Aujjusta Ports. Gt.F.<S: Con. lOo Prov. & Worc'ster.lOO Bens. & Saratoga. 100 Bloh. & Alleg., stock. F.& P., com. 100 Bloh. do do Rich. A: West Point RlcUmoud York K.&O. Rochester & Pitts. 100 Borne W. A Ogd. 100 Rutland 100 do Pref., 7. .100 %t. Joseph A O'd fsl'd et.Louts Alt. A T. H. 100 . do . 31'-2 32I3 95 3H 25 36 \ Pref. 100 San Fr. 100 ioston Water Power.. Jrookliue (Mass.)L'd5 JantouCo. (Bait. 1.100 'nv. A Cin. Bridge, pf. Keeley Motor Javerick Land A Pacittc 100 A St.L. in Texas do in .Mo. A Ark. Tol. Cin. A St. Louis .. Xol. A Ohio Central... do Pref. U.N.J. RR AC. Co. 100 Teixas Texsfi . . . Hampshire Land 25 V,Y.ATex.L<l.,Lim. 50 Land scrip Vo. Riv., cons. 100 p.o. )regon Improvement Jresjim Ry.AN.Co.lOO 30 43 91 tJolon Pacitlo 100 Utah Central lOO Vt.A Mass.. I'sed.e. 100 Tloksb. A Meridian ... I2ie 12318 14 16 Paeilic Mail 88. Co. 100 ?ullin'n Palace CarlOO "36 218 137 3 COAL & iniNING STOCKS, N.V. Cauioron C.»al 50 C*nt..Arizona Mln.lOO Colorado Coal A T.lOO Consol.Coal of Md. 100 Homestake Miu'g.lOO .Maryland Coal 100 New Central Coal .. Ontario Sil. Miu'g.lOO Pennsylvania Coal. 50 Quicksilver Mln'g.lOO do pref EXPRESS ST'CKS 100 9i«, 17 un I TEL'PH STOCKS AND BU.\DS. Ain.-r. Uist. Tel .. American Anii^riean 19 125 lOO! United States 100| Wells. Fargo A Co. lOOi 100 Tel. A Cable Rapid 16 Atlantic A Pacidc at'k 1014 Bank's A Merch'ts. 100 41a 16 r pref. cortirtcates Louis Tunnel RR. It. Louis Transfer Co ''taud. Water Meter.. Onion St'k Yds.ATr.Co 14o. Adams 22^ American 49% 6iaj Westch. A Phlla.. pf.50' 50' "54" West Jersey WestJerwv.* Atlantic ' 48 Frio* aoudnoi 2d St. I 136 _ Warr'n(N.J.),lVd,7.50 Louis B'dge, 1st pref i 49>4 do pref... Irglnla .\ridland W»b. St. L. A Pac. 100 do Pref. 100 St. 319 !2o. 10 f.E.Mtg.Secur.lBost., 18 Louis A, 21 do Pref....lOOi 42)4 43>s 99 do Istpref.lOO 102 8 St. L. Van. & 1. H 52 Bt. Foul A Uuluth.lOO 52's! do Pre MOO 107 "i 1091a Bt. P..Minn. & Man. 100 114 116 Boloto Valley 6 Beab'd &. Roanoke 100 do Guar.. 100 South Carolina 100 So. A No. Al.ibama... 2 So. Paciflc Co 36 100 361a B'weet., oa., g'd, 7.100 BjT. Ring. A N. Y.lOO »«« 10 Summit Branch, Pa. .50 Xerre H. & Ind'uap.50 Texas A N. O 100 Bt. 05 67 120 45 Di>ll)e.ir 50 50 Globe . lom 101 Ist mortgiige Reoeivera' certs General mortgage... Baltimore A Ohio C.nt. .fe .80. Am. Cable late nansaotlons. 78 187 •a i'56% 'soas ,|New York 1 311a Alice 32" Alta Montana Amie A Penn 10 90o. 95 i j Dunkin Eureka Consol Father De Smet A T(ilo.lO lifli 100 125 t A 107 \ 738 O'e! 108 128 145 120 100 480 100 370 lOn 480 A BU'KLYN HOUSE BUS. 1'8 30 114 200 Broadway A 7th Av... Ist mort., 5s, 1901.. 100 2d mort.. 58, 1914... 100 B'way Suif., gii. 5b,'21 100 Guar., 58. 1905 j 2 100 250. Purchaser also pays aoorued Interest. 100 20 10 Little Chief Little Pitts 50 112 A Silv.lOO 125 Mexican G. Navalo Ophir 100 10 100 Potosi 500 Sappahauock Bed Elephant 1 10 50 2^0O 2^0O 35 118 235 •60 2^25 •08 •25 •20 •22 •35 •75 •60 •12 1 Standard Union C(niaol 100 100 •80 •40 .50 •30 •50 8pring Valley 100 •10 •30 •14 •06 •85 •lO •25 105 •60 BOSTON MINING STOCKS.; 1 AUouez 25 10«» 10^ 25 Mlantio 6 Brunsw'k .Antimony. Calumet A Heota...25 330 231 jQuincy Ridge 10 25 50 25 25 25 25 25 25 25 25 Tmiar*nk 25 Catalpa Silver Central Copper Falls Franklin ; Huron {Minnesota National Osceola Pewabis . . . t •70 •HO •50 li5 •10 Robinson Consol.. . . . . 2 80 10 ' . 100 2-.10 Lead ville Consol Brooklyn City 1st niort., 5s, 1902. Brooklyn Croastown. 50c. 100 Horn Silver Lvirosse 205' 221 106 110 163 175 112 105 1st mart., 78, 18S8. BnshwickAv. (Bklyu.) 162 167 27I11 165 Central Croastown... 160 23 23 115 120 4Si^!k Ist mort., 68, 1922. yd"*: 138 Ht2i Central Pk.N A E.Riv. 5l3a ''^' Consol. M., 78, 1902 122" 125 133 131 135 Christopher A 1 0th St. 130 109 ;107 110 116 Bonds, 7s, 1898 53 ;51 1:10 DryDk.E.B.A Battery 113 tllO 115 '93 112 Ist .M., consol. 78, 75 70 106 109 Scrip 63, 1914 140, 12c, 240 260 Eighth Avenue 158 166 107 110 Scrip 6a, 1914 42d* Grand St. F'y. 245 260 112 117 Ist mort., 7s, 1893. 16;'i 16 40 38 42d8t.Man.ASt.N.Av 109 110 25" Ist mort.. 6s '2i% 6't 2.1 50 Inc., 6s ... 2lia 28 Houat.W.at.A Pav. F'y 155 158 17 17 116 113 Istmort., 7a, 1891.. 10>a 13 140 135 r.i'2 Ninth Avenue lOifl Second Avenue 200 '204 29 29 108 Ist mort., 58, 1910.. 106 105 OousuL 78, 1888 7 4 210 220 Sixth Avenue 20 22 >a 115 Ist mort., 7s, 1890.. 110 31i> 320 Third Avenue 113 145 14S Ist mort., 78, 1890.. 111 Twenty-Third St. 250 255 105 la 106 6"> 114 62 1st mort.. 7», 1893.. 112 119 122 CAS STOCKS. Bait. Consjl. Gas 46% 47 Boston Gasliglit 500 8*5 375 3nia 40 East Boaton 25 R)xhu!T 100 199% 200 64 la 67 iouth Boston 100 no 115 Broi>kline, .Mass. 55 100 ii3>a 114 45 155% 3 Cambridge, Mass. 100 155 i OheUea, Mass 100 103 103 la Dorchester, .Mass 100 1071a 103 135 Jatnaioa Prn,Ma88t00 132 142 Lawrence, Mass... 100 111 Lowell 100 19.1 191 95 •30 1-13 •05 31erra Nevada Silver Cliff 5'a 7i« BleeokerSt.A Fult.F'y 1st mort.. 7s. 1900.. 7 4 61 3l2 60 190 •.%5 100 100 Gould A Curry 8.. 100 Green Mountaiu 10 Hale A Norcross. .100 Iron Silver ,N.Y. 5 l-SO •S8 94 210 223 •40 100 100 .. Independenoe 101 225 350 400 Trust. 100 United states •52 Goodshaw 13 Union •04 Gold Stripe United States N.Y. Life 133 100 100 lOU Daft Edison Edison Illuminating.. Telegr. 1022 Ellison Isolated Swan Inciiudesoent... IO8I9 inaii ^, Sawyor-Manu lU. Co.. " lOi) Bodle Consol. Electric Light. I. ELGCTKIC LIGHT STOCKS. I. Belle Isle Caledonia B. H Consol. Califomla.lOO Chrysolite 50 Ohollar 100 Consol. Paclflo 100 Crown Point 100 hW. •25 •03 100 Bulwer 1 100 Brush Brush IUuminat')jlOO irt'j 10 Basslck Beobtel Southern Bell Southern N. England. 10 Tropical 116 100 Barcelona ilPeoples ! 140 GOLD4l:SIL\''BK raiNING .STOCKiti (N. Y. A SAN. FRAN.) N. Y. Stale Overland. 9 ill 160 I 114 New England Now York A N.J "a 1. N. Orleans G.L. ..100 101 la 10« 62 Portland, .Me., O.L.50 «8 9t. Ivouls G. L 50 }27.) Laclede, St. I.«uls.lOO S90 92 45 50 OaroiKlelet.St.IxmlsSO 271b San Kraii'-iseo G. L.. 1 Wash't<m (;ityG. L.20 38% 39 100 .Metropolitan .Mexican .Molecular 40 V < 27 14 15M 30 100 60 50 N.Y. 100 110 E.,.,,, ...... .\;. Y 158 Mutual of N. Y....100 137 6718, 122 Tennessee Hudson River 15 ..- i>bok'n"20 156 Krie STOCKS, 25 6 26 5>s Mouth'u A Atlantic. '25 Western Unlm....l00 1(1. J l>a 18 - f. 25 40 12 Company— Vmer. BaukNotcCo.. Vspinwall Land 10 Soston Laud 10 150 90 I 'IISC'LL.ANROCS 77I11 KJl U mort. b'd» lOiist "46" H. L. Bridge A Tun— l8t. 78,g.. 1929.AAO tl31 ttO I: 70 Co I 9 Richmond & P'b'g.lOO :.ible QQi.,' United 8Ute8 Ul. Co.. 1910, J.AD, * TKtJST C«.'S 1reg.R.A N.lst.Os.JAJ II2I3 '-13 STOCKS, N.V. il06 Debenture 7s, 1887. Loan A frust.lOO Am. Con. 58 1925 J.AD.. 106%il07i4 Brooklyn irust 25 100 reuu.C.Ar.,o.>n.6fl 100 Central 93 South Pitts, let, 6a.. Farmers' Loan A Tr.25 'ullm'n Palace Car— Kniokorboeker 3d series, 83,'87FAA llO5isU06 100 Long Island 4th do 83,'92FAA tU5i,t 116 100 .Mercantile Deb'ut're,78,'88-AAO 110514, lOJia Metropolitan Stlg, 78,ff..l885 AAO N. Y. Guar. A Ind..lOO 66 133 Guar. 7.1001 145 do 6 91 1st, 6a . Blohmoud c&Dauv.lOO V ... 131>j 9lia American B.U ...100 .\mor. Speaking... 100 Colombia A Pan.. .100 CiimerTel. Bell ... 75 JAJ 102 itanposa— 7s,'86 Or. Imp. 15 5 77I3 120 I MAS ,. M .V N TELKiMIONE STOCKS. I 5s, 5 yeai-s i, 78. 19 68.... :;antou(Balt.)— £68,K., Hend'uBi-ldge0s,l93l , Mo. Ti^l., 1st BONDS. Un. RR.Ist, end.,68. do 2d,end. 68,g.MAN Col.CoalA Iron— let. 6s Cov.ACin.Bge. 58,3-5y tiUI \t..lr..u.. HHi . Gas Light Moit.68,g., 1904 Af 87 69 H» I1..IOO 120 137 UISC'LL.ANKOCJS 124 >« 65 130 100 102 iMl.l.l Aak. UO il5' 120 do pf.,guar.l0..100 iso' 50 50 do pref. 50 do dusquehanna 50 Salt. 4 124 4 98 100 Vu. Tel, ''•'n 0»... Pennsylvania JchuylklU Nav 23 21 100 Pref. 100 do 15% 15% Ohio Southern 100 100 lei^fl 165 Old Colony ii>fl 100 ;ii OreKon& Calif 22 do Pref... 100 to. 22 22 Oregon Short Line 2779 23 Oregon Traus-Coiit Oswuito .t Syr., guar.. 122 Panama 100 Peuii.sylvania RK. .50i { 5J>i 53%! 7 Penf^aoola & Atlantic. Peoria Dec. & Ev..lO0l 223g 22 "si 60 62 Petersburg lOOl Fhlla. A lirle 50; 5 21 24i« 24 >s Phlla. & Reading... 50 13 do Pref. ...50 i 12 66 !« 67 Phlla. Wiliu.& Balt.SOi & 100 33 lal l>el. Ohlo&Miss Pttt«. Ciu. St. L..50i Flttg. Con., I'aed.SO A Hudson Uiv. Icaaod, 8..50 Ijehigh Navigation.. 50 10 9 !0H 88 iiion I897.q-M 101% 73 2d M. ,6s, 1907.. JAJ 40 Mort. 68, cp., '95 JAJ 1838 101 Bid. 102 1« 1C3 ..23 look. es l8t".M.,<>8, 34 >3 122 34>4 121 iL/nn. .Mass., O.L.. 100 29 SchuvlkillNav.— 5!)i« HUOKLLARBOm. 40 125 68,K..cp.Arg..'97JAI> 213 10.^ 28 124 18 4ii!«, 1914 .....Q— 112% 120 RK. (is, reg.. '97.1J-F Cony 6a,g.rg.'9lMA.S iii" H.Klv.lOO 102;* 102 >s N.Y.CUlo.&8t.I-...l'iO Pret.lOO do K. Y. 4 nailBiii ....^0 M.Y.L.A-\V..Kiiur.5.100 K.Y.L.Krle.V West 100 A«k. 30 100 ISigl A H,— 78. 'yLJA.! Istext., 1891..M.\iN Couii. 78. 1891. A AO l>ei. Bid. T0I. Co. 1.50 A Delaware— Isl mort., 6». '86 J.l-J N. Loml.&North'iilOO N.Y.tkiiil..fe >l hes.AO.— (is, '70.0. -J ly. prel N. Y. .. do Ml«"»f,ljk!»»O0». 11 lil ll4>a 116 CANAL BUNDS. 100 Mi>l>ilc>,v Oliiii Columbia A Aug AWeldoii.7.100 ATllm. 43 A8k. Bid. Western Maryland.. I'ON'i'INL'KU. at. L..100 UluncHi). Mli««i>'l MiSOELLANKOUa. A<k. Bid. NTOrKN. Kit. In London. 300. 10 "13 2% 3S«b IS 13% 2% 500. 1 13 1* 2 16 SO 81 3 3.)0. 8O0. 94 97 Am. Linen Amory (N. 100 Amoskeag 20.'>5 628 100 2J8 BIANIIF.VCT'INO .STOCKS. (Fall Biv.) 100 H.) (N.H.) 1000 Andro.scog'n (Me. 1.100 Appleton (Mass.). 1000 .Atlantic (.Ma.S8.)...100 Barnaby (Fall Riv.) Barnard Mfg. (P. R.).. 100 Bates (Mo.l Boott Cot. (Mass.) 1000 Border City .Mfg. (F.R.) Boston Co. (Mass.) 1000 100 Bostini Belting Bost. Chaoe Duck (Jfa93.)7(X) (Fall Riv.) .100 ChicoiMie (.Mass.) ..100 Cocheco (N.H.).. ..500 Collins Co. (Conn.). .10 Oontlnenta'. .Me.). 100 Cres't Mills (F. R.) 100 Crystal Spr. Bl.lF.B.). Darol Mills (F. B.) 100 no 800 97% 120 1440 105 10 '>0 156 795 Franklin (.Me.).... 100 100 I (}uotollo> 100 125 14S 110 10« 157 300 90 112 114 530 350 8 8 63 64 6ft 87 Dougl's Axe (HiM8)100 Dwigbt (Mass.). ..500 595 68 100 (Mass.)... Everett Fall BIT. IrooW. .100 Machine Co.. 100 F.R. F. R. Merino Co... 100 Flint Mills (F. R.) 111 815 102% 103 68 90' 600\ 70 109 75 96% 97 par shaia. 5 ' THE CHRONICLE. 428 fVOL. XOI. GENERAL QUOTATIONS OF STOCKS AND BONDS—Concluded. For EKpIaaatIon« See Mining Stocks. Bid. Gl'be Y.Mills(F.E.)100 Gran1re(F.R.)....1000 105 Great Falls (N. H.)100 Hamilton (Mass.) 1000 Hartf. Carpet (Ct.)lOO 100 Hill (Me) Del. DiT.— 68. '98.J&J Holyolfe W.Power. 100 Jackson (N. H.)..1000 King Philip (F. R.) 100 400 Ijacoma(Me) Lancaster M.(N.H)400 2250 Security 205 71 200 1050 Traders' 7.06(1 Tremont 105 Onion Washington Webster 445 200 350 PaoiHo (Mass.)... 1000 1612 Pepperell(Me.) 500 1070 (F. R.)...100 Rich. Bord'u(F.R.) 100 Robeson (F. Riv.) 1000 Sagamore (F. Riv.) 100 Salmon Fall8(N.n.)300 285 M Sandw.Glas8(Ma8S.)80 Shove (PallKiv.). 100 Sialic (Pall Riv.).. 100 Stafford (Fall Riv.) 100 Starn Mills (N.n.)lOOO 1030 Tecumseh (F. R.).100 Thomdlkc(Mas8.)1000 860 TreraontAS.(?.I.a83)100 110 Troy C. <s W.(F.R.I 500 Union C.Mr. (F.K.) 100 193 Wampanoag(F.R.) 100 120 Weed Sew. M'e Weetaraoe 3 (Ct.)25 R.)100 Wlllim'tic Linen(Ct)25 York Co. BANK (P. 46 750 850 (Me.) Siiftolk 206 5 75 Newmarket Wa8liingt'n(Mas8.)100 100 100 100 100 100 100 100 100 state Third Nat NarraKau8'tt(F.R,)100 Nashua (N. H.)....500 450 Nanmkeag (Mas8.)103 92 N. E. Glass (Mass.)375 x80 Pocasset 100 100 100 esH 6BH lUawnint. 640 3hoe& Leather. ...100 630 2U0 70 Metacomet Middlesex Stocks. leoond Nat 450 585 85 L'rel Lake Mills (F.R.) Lawrence (Ma88.)1000 1495' 1500 790 780 690 Lowell (Mass) Lowell Bleacliery.200 237 240 Lowell Macli. Shop. 500 855 875 76»2 Lyman M. (Mass.). 100 70 Manchester (N.H.) 100 133 136 960 1000 950 Mass. Cotton 85 Mechanics' (F. R.) 100 115 Merchants' (F. R.) 100 Merriuiack(Mas9)1000 1400 1410 (F.R.) .100 (Mass.). 100 BANK Ask. !Vote« at 210 HO 4 55 93 85 355 1615 1075 50 65 110 290 53 85 65 105 1040 90 880 111 7.50 199 130 3ifl 60 50 855 STOCKS. Baltimore. Bank of Baltimore 100 140 Bank of Commerce. 15 15 Head of Bid. Ask. 151 177 120 99 122 114 98 ICO 111 141 132 106 153 180 122 100 124 116 mo 101 113 143 133 108 Brooklyn 128 310 140 300 130 115 128 50 200 100 200 100 50 40 50 60 100 Brooklyn First National Fulton aty National Commercial Long Island Manufacturers' Mechanics' Nassau 150 120 210 210 Cbarleston. B'kof Cha8.(NBA)100 10414 First Nat. Chas.. .100 200 People's National. 100 195 Clilcago. 100 140 Chicago Nat Oomnicrcial Nat. 100 145 Continental Nat... 100 120 100 210 First National Hide and Leather.lOO 140 .Merchants' Nat.. .100 360 Metropolitan Nat. 10' 150 . . Na'. Bk. of Amer..l00 Nat. B'kof rillnois.lOd Northwestera Nat. 100 Union NAtional... .10(1 On.Stock Y'ds Nat.lOO Cincinnati. 98 140 Citizens' National Commercial Bank 256' 1«5 First National Fourth Natumal German National 98 iVo" 130 Merchants' National.. 1341s 135' 105 Metropolitan Nat Nat. Lat. & Bk. of Com. 26715 90 CJueen City National.. Second Nat ional Farmers' B'k of Md 30 Farmers' & Morch. .40 Farmcrs'&Planter8'25 . German American Howard 60 ] Marine 30 Meclianics' 10 Merchants' 100 National Exch'ge. 100 People's 25 Second National ..100 Third National.... 100 Union 75 Western 20 191s 1231s 20 34 561s 4514 I60" 165 125 Third National 127 107 Union Nat 108 Western German Bank 220 Hartford. ^tnaNat 100 si's Blackstone Boston Nat Boylston Broadway Bunker Hill Central City Columbian Commerce Commonwealth ...100 Continental 100 100 EUot 100 Everett loc Exchange 100 Faneuil Hall IOC First National 100 First Ward 100 Fourth National.. 100 Freeraans' 100 Globe 100 Hamilton 100 gido* Leather... 100 oward loo Lincoln loo Eagle Manufacturers'.. .100 Market 100 Market(Brighton).100 Massachusetts 250 Maverick 100 Mechanics' (So. B.)100 Merchandise 100 Merchants' 100 Metropolitan 100 Monument 100 Mt. Vernon lOO New England gorth North America Old Boston People's Redemption Bepubllo 5?je!-e. Jtockland b . iloeuouinal; Bank City 100 100 100 100 100 100 100 100 100 100 100 Nat of LouisvilielOO 32 13 Citizens' National. 10( Boston.lf Atlantic Atlas American Nat 100 Hartford Nat 100 112 Mercantile Nat 100 Ills Satlonal Exchange. 50 38 40 100 1318 131s PUcenix Nat State 100 133 United States 100 122 20 liOUisTllIe. 201s 150 B'nk of Com luerce 106 Bank of Kentucky 100 101 135 137 1,!3 in 114 115 121 129 120 128 100 187 105 1L4 130 121 116 117 112 124 98 120 133 207 117 109 105 100 124 118 115 104 100 100 133 102 220 127 100 142 110 210 136 100 147 100 132 100 105 50 61 100 156 loO 123 100 137 100 124 loo 133 18U 107 115 132 123 118 118 113 126 100 122 134 210 119 HI :o7 lOJ 125 119 116 106 :oi 100 la 135 103 223 129 101 143 111 213 138 150 131 106 62 158 125 139 126 135 Nat 105 65 134 100 200 70 102' 115 118 1541s 1551.) 81 121 100 1191s 120 Is 97 98 109 114 Falls City TobaocolOO Farmers' of Ky ...100 Farinera' & Drov..lOO First Nat 100 German Ins. Co. 'a. 100 Qennan German 101 162 100 79 120 100 National. 100 Kentucky Nat 100 Louisv. Banking Co.40 .Masonic 100 Merchants' Nat. ..100 Northern of Ky ...100 People'8 Bank loo's 160 120 132 110 138 220 105 ',06 100 110 Security 100 157 Third National .... 100 127 Western 100 112 112 162 12U Nenr Orleans. Banking.. 100 13251 137 100 45 47 100 132 100 141) iXo' lx)ui,siana Nat.. .. 100 I15I2 118 <te Citizens' Germania Nat HiberniaNat II7I4 120 .^Ictropolitan Mutual Nat New Orleans 100 lltiis Nat.. 100 310 People's State Nat Union Nat 50 50 52 100 99 14 100 100 lOi 1031s Neiv Ifork. .America 100 166 American Excli'gelOO 133 Broadway 25 275 Butchers'* Drover825 1521s Ceutral National.. 100 119 Chase National 100 150 Chatham 25 tl7ii Chemical 100 2800 City 100 260 Citizens 25 115 Commerce 100 167 Continental 100 110 Corn Exchange ...100 184 East River 25 115 Eleventh Ward 25 110 First National 100 lOnO nolate ttangaotlons. } Last price this week. 170 285 160 122 .. .. lOS 160 47 112 1S5 155 160 I '23 175 140 115 ITIe. 26 Nat 100 Merchants' Nat. ..10 25 137 1121s 85 Nat. Bk of VIrginialOOi Planters' Nat 100 1371s Stale Bank of Va.lOO 106 St. Lonis. B'kof Coiiiuicrc,e..lOO Coinmcrclai 100 Contimntal 100 100 Piaiikliu Fourth National ..100 rnternational 100 Meclianics' 100 Merchants' Nat ...100 St. Louis National. 100 Third National 100 San Francisco. AnKto-Califoriila Bank of California First Nat. Gold.... 100 Paoitlc 45 5 310 135 160 235 90 115 101 125 106 55% 164 222 150 FIRE INSllU'CE STOCKS. Baltimore. Associate Firemen's. Baltimore Fire Ins. 10 Firemen's Insur'ce .18 Howard Fire 5 Maryland Fire 10 Merchants' Mutual. 50 118 10 18518 National PIre 7h 31 20 71s 4 65 41s Boston. P. cfe M. .100 124 100 145 Boston KJnotation per share. || 98 xl27 xl80 185 33 112 135 3Big 116 140 95 104 103 x90 North American ..100 xlOl Prescott 100 xlOO Shoe & Leather. ..100 85 Washington 98 100 Cincinnati. Amazon(new stock) 20 20 25 Citizens' 20 Commercial 25 Eagle KM) Enterprise 20 Eureka 20 Fidelity 100 Firemen's 20 Germania 20 Globe 20 Merchants'* Manuf 20 Miami Valley 50 National 100 Security 100 Washington 20 Western 25 Hartford, «tua Fire 1.50 306 90 100 85 90 150 115 210 100 55 180 100 50 170 97 1.50 "95' 100 105 100 185 75 145 85 130 175 125 170 Conn loO 100 100 100 100 100 50 237 115 285 135 80 185 96 239 118 295 140 83 190 105 Commercial Union. £5 16 Guardian 50 65 Imperial Fire 25 153 161 Connecticut Hartford National Orient Phosnlx I.ondon, First AmericKn 100" 99 130 Steam Boiler J Columbian 100 102 108 63 65 Commercial Nat 50 33 Ooinmonwoalth Nat 50 35 69 Consolidation Nat.. 30 70 Com Exchange Nat. 50 621s Eighth Nat 100 270 FirstNat 100 218 232 Farmers'&Mech.N.lOO 158 l(i0 Girard National 94 40 93 Kensington Nat. 95 50 90 112 Mauufact'r'rs'Nat.lOO no 131 Mechanics' Nat.... 100 128 135 140 Merchants' Nat 54 56 Nat. B'k Commerce. 50 Nat.B'kGcrmant'n-50 1(0 135 Nat.B'kN. Liberties .50 170 175 Nat. B'k Republic. 100 125 L21 National Security. 100 120 115 Ninth Nat. Bank. Penn National 50 73 People's 100 175 245 Philadelphia Nat. .100 228 Second Nat 100 124 98 105 Seventh Nat 100 Sixth Nat 100 120 125 Southwark Nat 50 120 ,125 Spring Garden 100 102 105 110 1115 Ttinth Niit. Bank Third Nat 100 110 115 80 Union Nat 50 70 Western Nat 50 10^ 100 West Philadelphia.lOO 115 120 Bant Ask. 97 Cincinnati 325 City Bid. Aurora B'k of N. America 100 318 Centennial Nat 100 140 Central National.. 100 300 l^ity National ,50 Portlandj Insurance Stocks. Boylston 100 Dwelling House. ..100 Eliot 100 Firemen's 100 Manufacturers'. ..100 Mass. Mutual 100 Mercantile F. & M.lOO Neptune P. & M. lOO . . .... 130 Richmond, Va 125 Ask. 130 125 1105 201 Cumberland Nat.. .40 49 CanalNat 100 167 CascoNat 100 148 FirstNat 100 118 13*12 Merchants' Nat 75 121 National Traders'. 100 140 137 123 Canal 101 135 1U2 IJtf Second Nat 157 145 105 121 150 . "95" First Farmers'.. 100 Bid. 100 1271s 30 no Fifth Avenue 100 375 Gallatin National ...50 190 Garfleld 100 145 German American. .75 105 Germania 100 165 Greenwich 25 105 Hanover 100 145 Importers' & Tr-..100 270 Irving 50 1331* Leather Manuft8..100 172 Manhattan 50 [155 Market 100 150 Mechanics' 25 15714 Mechanics' & Tr.. .25 115 Mercantile 100 124 Merchants' 50 !132 Merchants' Exoh'ge50 103 Metropolitan 100 441s Nassau 50 125 New York 100 195 N. Y. Nat. Exch'gelOO 109 New York County. 100 200 . . Philadelphia. Cincinuafi .National... Franklin & Bank Stocks. Fourth National. Fulton 150 Pacific 50 150 Park 100 120 "s People's 25 220 Phenix 20 Republic 100 Second National. .IOC Seventh Ward 100 Shoe & I^eather 1371s 140 100 1.-6 9t.NicIiola8 100 600 Statoof N. Y 100 150 Tradesmen's 40 200 215 United States Nat.lOO Hr8t Nat. of Bait. .lOd 132 Com. Pa^e or Qaotations. Ninth National. ...100 ;120 North America 70 120 North River 30 115 Oriental 25 175 115 120 70 50 75 Charter Oak Nat.. 100 134 140 60 City 100 62 47 13 50 Oonneoticut River 50 Far. & Mech. Nat. 100 110 112 10 Citizens' First Engt;, Lancashire F. & L. ,25 Loudon As8.Corp.12is & I»nd. &Globe.2 North'u Fire * Life ..5 North Brit. & Mor. 8% Liv. Queen Fire & Life.. .1 Royal Insurance 3 Nenr Orleans. Crescent Mutual i actors' and Traders'. Firemen's 17 67 4S 5I4 54 28 48 35 56 29 50 36 2' 3 33 34 52>i 80 85 65ifl Germania 120 100 13 105 271.2 29 Hibernia Home Hope I0319 Lafayette Merchants' Mutual ... Mechanics' & Traders New Orleans Ins. A.S8'n New Orleans Ins. Co . "76" 65 54 110 60 112 2II4 37 39 People's Sun Mutual : 130 Teutonla 1221s flew Ifork. American 50 American Exoh...lOO Bowery 25 Broadway 25 Brooklyn 17 Citizens' 20 City 70 150 95 140 165 175 115 115 100 115 50 30 100 210 51 40 245 169 100 83 150 30 75 150 .50 109 123 17 86 German-American 100 235 142 Germania 50 124 Glolie 50 108 Greenwich.. ..:. ...25 2i)0 145 100 Guardian 70 Hamilton 15 108 Hanover 50 125 100 130 Home 107 Howard 40 70 Jefferson 30 117 Kings Co. (B'kiyn) .20 '.Lis Knickerbocker 30 85 Lafayette (B'kiyn) .50 83 Long Isl'd (B'kiyn). 50 85 JIanuf. & Buililers'lOO 1C8 100 Mech. & Traders'... 25 35 Mechanics' (B'klyn)50 75 Mercantile 50 53 Merchants' 50 110 Moutauk (B'kiyn).. 50 90 Nassau (B'kiyn).... 50 145 56^ National 37% 85 35 leo N. Y. Equitable 136" New York Fire.... 100 70 170 Nia,gara 50 145 North River 25 103 Pacific 25 160 Park 100 100 Peter Cooper 20 150 50 100 32I4 People's Phenix (B'kiyn) .....5<i 135 22 Rutgers' 25 115 S-s Standard 50 95 100 65 Star 10(1 50 Sterling 25 110 Stuj'vesant.,.. 25 133 United States 10 120 127 Westchester 4: WilUaiiubarg City. .50 230 155 100 145 175 190 125 120 123 35 215 251 Clinton (Commercial Continental Eagle Empire City Excliange Parragnt Firemen's Assessment paid. H All ex-divldend 90 100 115 93 260 128 115 225 75 112 130 135 75 123 225 90 88 95 113 45 80 63 115 100 150 90 I 166 75 153 110 166 105 160 110 140 125 104 70 60 115 138 125 240 : Aran, a, THE (CHRONICLE. 18M.J %mat3tmtnt York; Y.irk; Neb.; David Dowg, New York; Andrew n. Green, New Colgate IToyt, New York; H. H. Callsway, Omaha, Orenville M. Dodge, Council BlufTn, Iowa; Jam« A, John .Sharp, .Salt Lake City. Hiilwlituted for Mr. Mahlon D. Spanlding of Boston. Mr. Kiddle, of Ohicago, decliaed a re-election and Mr. CJolgate Hoyt of New York was c-hoeen. The newlyelected board of directors assembled and re-elected the old Kiimrill, John The Investors' SUPPLEMKNT contain* a complete exhibit of Funded Debt oj States and Cities and oj the Stoi:ks and Bonds of Railroads and oiher Companies. It is published the ttie last Saturday of every other month—viz., February, April, June, August, October and December, and is furntshed without extra charge to allreyular subscribers of the CURONICLK. Extra copies are sold to subscribers of the Chronicle at SO cents each, and to others than subscribers atfi per copy. on ANNUAL REPORTS. Union 429 P. HprinKfield, board of The Ma»<.; SpauMing was officers. annual report preeented by Mr. Adams in advance found at length on another page. The statistics are generally for the whole syntem, including auxiliary lines, and the net result of the year was a surplua income of $2.r),5),l90 over all annual charges, against a similar surplus of $2,679,363 for 1884. Operations ^>r three yean have l>een as below brief of the full report will be : 1883. .MIli'B opprftioil Doe. 31 l'H8.''<!nKor8 c irrlcid oiiii lullo Paoiflc. {For the year ending December 31, 1888.) The preliminary annual report of President Adame, as submitted at the stocliholders' meeting in Boston, will be found on a subsequent page. At tlie annual meeting in Boston about 400,0n0 shares were represented. In regard to the Denver & South Park Brand), Mr. Adams said that the outlook for this important division wiia most promising, for while the earnings had 1894. 4,251) ...184.180.603 AveruKe ratupnriinsd. po-mlle. 343 ct«. 'Tons freigbt carried oueiullo. 890.74 1, 196 Average rate per ton pcrmUe.. 2-05 ots. 188S. 4,819 4.476 185,721'746 3-27 ots. 922,270,648 906.711,171 IHOcti. 1-74 ot«. 180.071,991 3-u7 eta, Not InoladlDg company's freight. comparison of the condensed balance sheet for three as follows: eENEBAI. BALANCE AT CLOBB OF BACH TEAR. * A is 1883. 1884. yean 1885. AiteU— $ $ « decreased $329,437 in the last year, compared witli 18S4, still Road, equlp't, &o 157.3in,640 158,918,607 150,208,919 the expenses had decreased $480,574. In reply to questions, KiiK'kB una bonds owned, cost 33,GC7,-!27 37,499,325 30,23 ',.'527 ^fimclliineoua luvestments 2-<3,t43 6'.!0,640 680,891 Mr. Adau\s also said Adviin.es 5,6t.'i.7l5 4,797,936 3,415,280 "Since I took charge of t+ie affairs of the company a short Miitcilals. fuol. &c 2,5 7.364 l,1i0.<i.2 1,683,432 time ago, my sole otiject has been to place it upon a sound Diiivtr KxDcnslon sink'K fund. V!8U,000 522,430 407,000 financi^ and business basis, and to do this it was necessary to TriiBt h percent smK'Kfund 70,410 Bonils andstoeks hold <t50 In trust. 3,210, 8.2 15.20 J 3,215,250 devote tlie entire surplus to the liquidation of just claims Land department assets 9,214,104 I5,6d4,-203 18,159,-^90 against the company. The Trans-Continental war which I have tried hard to prevent, and the growing competition Total 212,259,943 222,333,523 226,^7t),500 from rival roads, have, you know, badly reduced our receipts Liabilities— .Stock 60,868, 500 60,863.500 60.86 ^..500 from through business, by taking from us a large share of debt 84,506, ,.-132 81.».'>7,632 84.173,285 But the building up of the Fiiiided traffic once entirely our own. United States subsidy bonds 33.5:<9, 512 83,53H,512 33,519,512 West and the necessities of the day have so increased our Acei-iicd inr. on subsidy bonds. i:<,86'< ,041 15,321,738 15,1(;7,214 3,482, H56 3,237,607 11,861,145 local busmess that, if an equitable understinding can be made Flontiiig debt accrued not due 795, ,!U5 781,671 774,104 wiih the Government, 1 hope to be able to talk with the Intcres't income General (protlt and less) 17,692 ,810 17,837,150 110,493,284 stockholders in reference to the subject of dividends within a Income u«ed for i-lnk')? fund... 1,7,^1 ,488 2,383.029 2,976,634 comparatively short time." Land and trust income 5,714, 639 14,180,742 18.611,134 In speaking of the relations of the Government and the Total liabilities 21^259,943 222,333,523 2-26,279,509 President said company, the that the present policy of the Government 'vas embarrassing and co obstacle he had tAfter deducting deficit of U. S. requirements, as compared witli experienced in reorganizing the road caused him half as much acciui'd Int. ri--t on U. S. bonds Feti. 1. l-iSO. to date. $916,704 due to U.S. under Thurman Act, paid April anxiety and trouble as the hampering restrictions caused by 16,:!<otiu(.'lu(liug 1890. the unjust interference by the Government. He said that the Thurman Act had not worked as its framer intended, and as Chicago St. Paul Minneapolis k Omalia. lone as it remaimd in effect it would be a continual draw(For the year ending Dec. 81, 1885.) back and embarrassment to the company. The bill now being The The stock and bond acceunt remains nnchanged. prepared by the Senate, whieh the public believed to be one of the company's preparation, neither he nor any officer or statistics of trafiSc and the income and led^ter account are represenitative oi the company had been allowed to see, and if shown at length in the tables below. A summary of increase he only knew what its contents were he would be well in the net results of the year 1885 is as follows pleased, as he coukl then decide on some definite policy for Increaseln road earnings f 29,878 70,870 the future. What the company wanted was to be treated Increafie in net la«id reeelpts 79.440 Saving In operating and fixed charges, Ao wcactly as any other creditor of the Government, and be permitted to discharge its obligations by the ordinary system $130,188 Total net increase of annual payments. The percentage of operating expenses to earnings, including In regard to losses on the branch roads Mr. Adams stated taxes, was 6a 99-100, against 69 26-100 per cent in 1884. that he only knew of one road that was operated at a serious In the land department the number of acres sold during the loss (presumably the Denver South Park & P.), and it was year 1885, as shown by the report of the Land Commissioner, provided for by an account current, which was kept open until was 121,045-91 acres, for $516,951. Number of acres of land it settled itself, aa it was the hope and belief of the directors remaining unsold at the close of the year, 837,079 acres. that where a, road lost money one year the loss would be Cash collected on account of lands sold and payments on oiTset by a gain during the next. exisilng contracts, interest, &e.. Included in income aoMr. Win. A. Rust offered two motions approving of the list $766,438 count, wag of investments made by the directors during the past year, Less expenses of the department, taxes, iSeo 41,443 and also approving all other acts of the board. President $721,995 Adams read and explained in detail all the new investments, Leaving balamce of net receipts amounting to several millions. They comprised, in the main, The amount of bills receivable and land contracts now held simply changes in name or form of old investments, made by the company for the lands sold is $3,295,848. necessary by reorganizations of the railroads and other interests The following statistics for four years have been compiled in mvolved. There was nothing in the way of new construction the uraal form for the Chronicle : and essentially new placing of funds. Perhaps the only item OFEaATIONS AND FISCAL RESVL-rS. of special interest : referred to was one of $97,000 invested in stock of the Credit Mobilier of America. Mr. Adams explained that it was necessary for the Union Pacific to obtain a controlling interest in this stock aa a matter of self protection. decision of court some time ago sustained a claim of 12,000,000 by the Credit Mobilier against the Union Pacific, which, with interest, amounted to $4,000,000. But with the last purchase made of Credit Mobilier stock by the road, at about $20 |)er share, the Union Pacific practically controls all tiie Credit Mobilier stock. One or two stockholders raised the point that it would be well to change the time of holding the annual meeting to the last Wednesday in April instead of the last Wednesday in March, in order that the annual report might be in the hands of the stockholders before they met. It was finally voted to request the directors to take the necessary steps for changing the date of the annual meeting, if no legal or other valid objection interferred. The balloting resulted in the choice of the following directors: Charles Francis Adams, Jr., Boston; Frederick L. Ames. Boston E isha Atkins, Boston; Ezra H. Baker, Boston; F. Go. don Dexter, Boston; John P. Spauldini?, Bos- A ; ton; Henry H. Cook, New York; Sidney Dillon, New 1882. 1,150 MUes operated; 1883. 1,280 1884. 1,318 18S9. 1,340 Oiterations PaescnKcrs carried.. Passenger mileage.. Kate V pass. $ mUe Fr'ght (I'ns) moved. Fr'ght (fns) mfleage Ave. rate f tonkin. Earnings— 821.4.^6 850,716 63,755,630 57.330,.593 2-45 cts. a-.^8 cts. 904.795 68,674,281 2-45 cts. 1,015,133 47,504,486 2-7.T Ota. 2.00.3,HO2 2,089,«40 1,748.912 75,821,581 2 08.673,709 329.795,473 330,863.003 1-27 ots. 1-25 cts. 1-43 ot«. 1-26 oU. 1,94(;,<I31 2 $ $ $ « 1,30.5,61S Mall, express, dU3.... 1,311,217 3,478,624 172,361 1,470,558 3,843,948 200,778 1,430,711 4,132,530 221,000 4,255.393 253,897 Tot. gross earnings Oper'g expens.&txs. 4.962,202 3,240,787 6.51?'.284 3,023,827 5,784,931 4,007,022 5.814,810 3,721,191 Net earnings 1,721,415 65-31 1,891,457 65-70 1,777,909 60-26 2,093,699 Passenger Freight P.O. of op. ex. to earn. 63-M tncoME Accomrr. 1882. ReeetpU— $ 1883. $ 1884. 9 1886. $ 1-20,866 1,891.467 547.777 163,623 1,777,909 6»1.12S 212,221 2,093.699 721,995 33.235 2,389,106 2,592,857 2,641,295 2,848,889 Net earnings Net from XKxul grants Other receipts 1,721.415 646,825 Total Income.... : THE CHRONICLE. 430 DisMirsemenU 1684. IS'o. $ 49,174 1,320,146 787,976 H2,9?2 1,334,324 675,4U8 1883. 1982. — ¥„ $ 3o,d64 1,222,371 770,47b 27,736 1,134,751 735,397 Bentalspald Interest on debt DiT. on pief. stock.. Bate of dividenU .... Loss on prop, roads. (6) (7) (7) (7) S 12,524 13,065 12,,i5b 2,035,238 763,651 470,894 GENERAL BALANCE AT CLOSE OF EACH FISCAL YEAE. 1,897,8^5 Tot-dlsbursem'ts 401,221 Balance surplus 2,040,767 552,090 2,170,361 1883. 1884. 1882. $ EB.,liM(;8. capt.,&c. 8tk8.& bds wn'd,cost Advances & accts. rcTble. Mateiials, fuel, &0.. Casli on liand Bills $ $ 47,0" 0,138 1,018,741 ].12S,804 1354,928 49,993,541 1,017,426 453.986 72-',3-l3 595,463 1,155,239 75,0C0 75,000 4,727 Winn.Ka-t.b'ds (su.). Miscellaneous items. 50,877,826 52,09 1,2 '8 1,158,77'2 59i,399 4 27,8-7 4«1,091 t478,821 138'»,375 850,9ri3 1885. t36'^.490 576,723 2,211,3-0 7S,000 690,106 l,o5-.',184 75,000 rvoL. xLii. Boston Hoosac Tunnel & Western.— The case of Quincy A. Vinal, as administrator of the estate of Wm. L. Burt, vs. The Continental Construction & Improvement Company, the plaintiff claiming damages for $1,.500,000 for an alleged breach of contract made in 1881, has been in progress at Utica since the 36th ult., in the U. S. District Court, before Judge Coxe. The suit was dismisst^d on Thursday, with costs. Mathew Hale, of Albany, aud E. W. Paige of Schenectady, appeared for the plaintiff, and Butler, Stillman Hubbard, of NewYork, and E. D. M-ithews, of Utica, for the defendant. & Chicago & Great Southern.— At Indiinapolis, March 37, the Chicago & Great Southern Railroad was sold under decree of foreclosure by Master Commissioner Fishbacfe to Henry H. Porter, of Chicago, the only bidder, for $501,111. Mr. Porter represents the bondholders. The issue of bonds amounts to $1,300,000, The road runs from Chicago to the Brazil Block coal fields. Cli'Tcland & May 5, Marietta,—-This road will be sold at Columunder a decree of forecl «ure granted by the 8,559.660 United States Circuit Court. The purchaser will be required 18,573.233 18,55!',760 18,5,59,660 Stock, common 11,259,933 11,259,9 3 to pay $10,000 cash at the time of sale and such additi 10,7.= 9,933 11,259,933 Stock, preferred mal 19,50;).488 21,086.620 22,339,970 22,339,97u Bonded debt amount in cash as the Cjurt may direct, the balance to be 3 ',460 16,230 Bills payable, 75,000 payable in bonds at their pro rata value. The road extends 75,000 75,000 75.000 Minn.East.bds. iKn.i. 2n4.935 from Mirietta, O., 258,348 2H,074 234,0i4 aecnied int. Coup. to Canal Dover. 99 miles. By the last state632,410 5110,345 .087,069 768,229 Voclirs.,pay-r'll8.&-c. 337,704 ment the funded debt was $1,000,000 in fir.-,t-mortgage bonds. 197,000 197,533 188,523 Dividends 2,123,7.i4 2,8s7.40.5 1,652,861 1,100,769 Income acct.balance Denver Aspen & Grand Junction.— This road is projected by parties in the interest of the Denver & Rio Grande RiilThe route has been surveyed from Red Cliff on the D. Total liabUitles. 51,241,684 53,679,080 55,314,100 56,317,047 way. R. G. RR. down the valley of the Eagle River to Glen& receivable bills department Md $1,369,961 land December 31, 1882, t wood Springs and thence southeasterly to Aspen, 105 miles. not men in tbis balance sheet; 1883, $2,206,493; 188*, *2,473,59,J; The road will open up a coal and silver mining region con1885, $2,295,846. American Bell Telephone. struction will begin at once. (For the year ending December 31, 1885.) Denver & Rio Grande— Denver & Rio Grande Western.— It is now announced that the troubles between the Denver & The annual report, just issued, says " The year ending December 31, 1885, has not been marked Rio Graniie and the Denver & Rio Grande Western railways by the increase in business of previous years but although have b en finally settled. The Denver & Rio Grande withthere has been a loss of subscribers in exchanges at certain draws all suits and claims against the Denver & Rio Grande points, on the whole, the licensed companies have more than Western and the Western Construction Company, and these held their own, the total number of subscribers showing an companies withdraw all suits against the Denver & Rio increase of 2,969, and of telephones in use of 4,460, during the Grande, The Denver & Rio Grande Western is to be given year. The following is a comparative statement of earnings rolling stock to the amount of the car trust certificates it now holds, and sufficient for its current business. The guaranty of and expenses the Denver & Rio Grande Western by the Denver & Rio EARNINGS, EXPENSES, &C. 1885. 1834. Gi ande may be canceled by the bondholders who choose to 51,211,684 Total assets Liabilities — 56,347,047 55,314,100 53,679,080 bus, O., ) <!t ; : ; : Eental of telephones Sal 8 of inslruuients and supplies Dividends Commission from extra-Territorial and branch lines Commission from telegraph business $1,956,413 7,232 475,401 .2,026.39^ 69,136 13,236 48,503 355 75.878 15,388 39,812 8,260 $2,570,281 841,331 $2,765,8^4 972,688 $1,729,049 58,560 SI ,793, 190 $1,787,609 $1,809,096 Interest Miscellaneous Total Expenses 2.676 597,4!;9 NeteaminKS Miscellaneous items to surplus account ... Total 16,800 INCOME ACCOUNT, 1885. Surplus account December 31, 1884 Netearnlngs 1885 Mtscellaueous items Ket'uKar dividends in 1885 $1,057,112 1,793,196 16,800$1,170,192 Extra diviclende in 1385 392,044 Beserved for depreciation of instruments. 100,75^- $2,867,108 - 1,C62,9S8 Surplusaccount December 31, 1885 $1,204,120 LEDGER BALANCES DECEMBER Deblms. Telephones $590,722 Stocks 22,611,859 Meich'dise & machln'y 18,962 Bills and accounts receivable 450,131 Cash and deposits 997,728 31, 1885. Cretliton. Capital stock $9, ,802,100 . Bills ite acc'ts payable* Patent account (profit and Profit loss) aud 5^2,985 9, loss Reserves Surplus .593,755 337.895 20S.5t7 1, 204,120 3, $24,669,404 'Of amount $294,063 is the dividend payable Jan. rtockholders of record Dec 31, 1885. this $24, 669, 101 15 1886, to take the additional security of the riilling stock (the rental of which amounts to about three-fourths of one per cent on the bonded debt) in lieu of ihe guaranty. circular will be issued shortly giving the details of the seitlement. The Denver & Rio Grande Western Company's plan of last A August is in force and will remain unchanged. The first coupons from the coupon certificates issued under the plan, due March Ist, have been paid as presented on and since that date. The Denver & Rio Grande's decree of foreclosure is expected to be obtained within a few weeks, either in April or early in May, as all opposition has been withdrawn. East Tennessee Virginia & Georgia.— A suit has been be^un in the Suoreme Court, Chambers, by Georae K. and William H. M. Sistare and*Haro!d Clemens, "against the reorganization committee of the East Tennessee Virttinia & Georgia R-iilroad Company, the Central Trust Company, trustee under all the mortgages of thw company, and others. Judge Donohue granted an order i-uiiimonin< the defendants to give testimony before him on April 6 so iliat the plaintiffs can frame their complaint. The suit is supported by the committte of income bondholders and stookhold rs who are opposed to the plan of reorganization now under way, and according to which a foreclosure is to be had under the consolidated mortgage. Mr. Wm. H, Niles is the attorney for the plaintiffs. Mr, Calvin S. Brice said that the suit was one by dissatisfied stockholders against the reorganization committee, t tie other defendants being made parties as a itter of formality. All of the mortgase bondholders practically had .-igreed to the" plan and deposited their bonds. The suit was design-d to secure a reduction of the assessments on the income bonds m and stock. The gross and net earnings by months, reported for the GENERAL INVESTMENT NEWS. Geeomole, areas follows press dispatch from Mobile, (rross Earnings. 2fet Earnings. 1881-5. 1884-5. "Based upon a proposition by a New 188.1-6. 188.5-6. $2,12 1,343 $2,i27,459 $855,0:. 9 $ 8 ',413 York syndicate, T. G. Bush left here two weeks ago, carrying July 1 to Deo. 31 3-24,032 Jaoaary 103.944 427,885 100,281 a power of attorney of the Mobile stockholders of the Ala February lli,878 311,894 341.386 l-,iO,274 bama Grand Trunk to sell the road. Mr. Bush returned to-day TotalSmos and will make a favorable report to the effect that the syndi$2,869,122 $2,892,877 $1,067,201 $1,:04.731 cate will purchase and will complete the road from Moljile to Louisville & Nasliviile.— The gross and net earnings, by the Wamor coal fields, 350 miles. The road was built about months, are as follows March 39, said , pushed further than Japan, Ala.. . Topeka & Santa Fe—Gnlf Colorado & Santa January announced that arrangements are practically con- February cluded for a control of the Gulf road by the Atchison. It is stated that a circular will be issued npxt w^ek giving particulars of the new arrangements between the tw companies, and the basis of the new rights to the stockhoMers of the Atchison in connection with the construction of the link between the Atchison system and its new w-ssession Tina link will be some 375 to 300 mil^-g long, will cost $5,000 OOo" and will give the Atchison a short line into Texas as well'as a l^ulf of Mexico outl-t, which will enable it to compete with the Sunset route by water and rail. i Gi'oss 1885-6. July 1 to Dec, 31. Atclii8on is . , . : twelve- years ago, but never a branch of sixty miles, Fe.—It — : Alabama Grand Trnnk.— A Ala,, Total for 8 mo8. Eamiyigs. s 1,019.266 1884-5. $7,106,2'iO 1,170,74* 1,083, <03 $8.»35,7ii5 $9,360,277 $6,836,178 l,050,0.:i > ^ Net Earnings. 1885-6. 1884-5. $3, 1 8. 58 $2,68 i,530 371.813 1 456,980 33<,8H 4-i4,s58 $3,415,187 $3.tf79,9S4 During the eight months in 1885-6 $199,540 were spent in construction, and not deducted here from liCt. Mempliis & Charleston.— The gross and net earnings for February and for eight months from July 1 have been : , Ftbruuru aro«B earniuKS Operating expenses Netearnlngs ^.luiy 1 to Feb. 2«.^ 188.5-sri. 1884-85. $49,922 86,046 $101,147 84,1.2 617,827 $l.cil' ,0!»4 79 .',023 $i;0,l8j $16,695 $j02,095 $221,072 1886. $10^231 885. : : Afkil THE CHRONICLE. 8, 1886.J 431 Mexican Ci'iitrol.— The Mexican Plnanoier Rtatea that the thooe who do ho to my for them an iide<|uate pric«t. It la oor neBDUiiions of the Mexican Central Corporation with tlie intention to allow all of the holdern of the first serica flTea, to Oovcrnment are ttill pendinR, and we have had thin weeli the join our coinbinatinn who, on or liefore the 15th dar of Maj, • ISHII, shall inform im (>r their defiire »> to do." • • authoritiitivi) denial on tlie part of the DUirio OJJlnial of the The board of managers of the i'hiladelphia & Reading Railminor tiiat any delinilivo arrnngetneut with tlie hevernl railwuv coinpanips has yet been made by the Minister of road Coiii|>any, under NIr. Gowen's leadership, have adopted a From our information we should doubt very roKoliiti'in tliat the plan for the reotKanizatlon of the comTiiblif" WorkH. ii'd by a committee, of which Mr. John B. Uarrett ia much tlie resumption of Bubeidy payments, even in part, " is hereby rejected by the company." 1, before January, \»S1, and we a^ree with those who oppose ine result of the joint ojierations of the PhdadelreKiiniin);, unless there is a substantial surety of continuiiij^ Company the pay lilt tits regularly until tlu> obliRation of the Treasury is iihla & Reading Railroad and Coal A Iron of Febriuiry, the tliird month of the extinKuisheil. To resume and sotm be compelled to abandon in the month (including very serious blow year Central New on the fiscal Jersey liailroad, inflict a leased), pavniciits would be to The duty of the was a decrease of $88,240 in gross earnings and a decrease of nalioiial credit— a most dioa'^trous event. Government is to husband its resources and get itself in $:{8,IM)1 in net. compared with February, 188.5. For the three condition to meet its obligations as soon as circumstances will months from Dec. 1 there wa-s an Increase in 188.5-0 of $7^)7,042 in gross earnings and $264,005 in net, compared with the same permit. —Jioston Jotirnal. —Gross and net earnings for January 1885 and 1880 have period in 1881-5. been Gross Rfceiplt. -> ffel lUetipU. 1886. 1«8V 1885-6. 1H84-5. 1885 U. 188t-n. $3ie,874 $3)8.9^1 December flroHit AikrnlnflrH $3,937,787 91.I10.M33 $3,390,384 $871,457 _207£2o j^mtj January 2.B69.943 El^e.r» ..*;::::::: 2.601.15.5 54 2,5.19 806,084 — — . $109,344 Nctenrnlngs 2,676,017 2,764,266 Total 3 ninntlm.... $9.58.3,747 $8,840,803 February $137,753 New York Lake Erie & Western.— The statement of gross and net earnings for five months of the current ftscil year is given lielow, by months, and the gross earnings inc-lude 68 Sjrcentof the earnings of the New York PennsylvHnia & ,St. :.. New York Lake Orott Jiaminfi». 1884-85. , , Jfel , $1.9S0,648 November 1.912..'>-2H 609,t'74 515,360 302,308 4S7,S?.'> 3.'S0,343 1,'472,8'^7 l.J70,3''S 1.531.604 1.551,4H6 I.S15.443 1,371,024 Total 5 months... $S.849,151 $7,823,647 Deoenilier Jamiarv February... New York & New England. —The for the iiscal years 1881-8.5 and 188.5-96, Gross I . October Kovcinber DBCfiuiwr Jaimiii V February Total 5 monllis. & 170,038 235,827 $2,434,639 $1,872,475 . Xet Earnings 1885-6. 18^4-5. . 309,743 3!1.010 268,265 270,924 $155,725 129,183 84.992 93,932 68.304 57,020 49.722 73,495 $1,499,913 $1,256,721 $560,241 $354,251 —The 31^ ^Jan. \ 18S0. 1884. to Feb. 28.-^ 1885. $166,375 95,070 $170,908 11^,098 $282,771 $130,780 $71,305 $32,000 Louis & Cairo — At. work $1,400,000 worth of new bonds will be issued. The Ohio stockholders also ratified a contract with the Mobile Riilroad Company to operate the road for 45 years from Jan. Mobile which now Ohio, By this arrangement the 1 last. has its northern terminus at Cairo, secures a route to St. Louis. Cairo txmds are guaranteed by the agreeThe new St. Louis Ohio to pay the former a rental of 25 per ment of Mobile Cairo road, but the cent of the gross receipts of the St. Louis rent is in no event to tie less than $165,000 per annum. & $105,710 96,10'! to Dec. this . $300,734 254,121 239,019 230.420 220,097 1 Chicago, April 1, the stockholders of the 8t. Louis & Cairo Railroad Company met and elected the following directors; J. A. Horsey and Gabriel Morton of New York, Charles Hamilton of St. Louis, Thomas M. Logan of Murphysborough, F. Brown of Cairo and William Ritchie of Chicago. It was voted to change the road from nirrow to standard gauge and to lay 161 miles of new steel rails. To do by months.are as follows: 18-*4-5. gross and net earnings and for two months, Jan. $790,144 659.364 St. and net earnings gross 'ntngs 188,5-6. $33(<.nfi5 33-.',587 600.075 $2,014,097 $755,494 Gross earDln«!S OperatiDK expenses.... 472.723 Net eamlntrs 18S4-85. $627,142 m. May Ih85. Kaminpt. lSK5-8e. $674,410 .102,074 $2,278,992 : ^8 & $l,H67.b57 1,703,338 188S-8t>. October Erie , —The Joseph & Orniid Island. for eight months, May 1 to Dec. 81, 1 to Feb. 28, were as follows hio, leased line, the other 32 per cent of the earnings of that line bein« paid ss rental. The net earnings are correct as showing' the actual results to the Weeiern Company. . & & & & and net earnings for FebSouthern Telegraph.— The sale of this company's lines were as follows February. ^2 w. Jan. 1 (o Feb 25.— under foreclosure, wiiich was to have been made in RichISS.'i. 1886. 1885 1886. mond, Va., March 27, has been postponed by order of the $440,695 $425,535 United Slates Circuit Court on petition of Mr. J. B. Pace. $22:.788 $196,281 Gros."! earnliKW v5(>,-269 123.475 278,697 Opcr.oxpcD.'A taxes... 137,457 The postponement is until further order by the Court. $72,SC6 $175,266 Netoarnincs $84,331 $161,998 Toledo Cincinnati & St. Louis. The reorganizers of this Northern Pnciflc. The gross and net earnings thus far in company are foriuiog new oorporati ms in Ohio, Indiana and 1884-8-5 1885-86, months, are as follows, years and by the fiscal Illinois, and these three will afterward be consolidated into reported for the Chronicle one. The company in Indiana is the Bluffton Koko.no and Gross Earnings. Ifet Earnings. Southwestern mentioned last week, and dispatches from 1885-6. 1884-5. 1885-6. 1884-5. new company in $6,627,719 $3,640,931 $3,359,568 Springfield, 111., March 30, say that the Jnlyl to Dec. 31. $6,743,269 Norfolk Western. ruary, and since Jan. 1, gross 1886 and 1885, : , . — — : , . 480.330 594,240 January February 553,r,82 3'i.052 113.0.18 369,964 182,708 168.009 Total 8 months. Land amount Oliio $7,817,839 $7,751,265 $3,853,741 $3,610,585 sales for the sam'! period in 1885-6, 358,105 acres; of sales, including town lots, $978,420. & Mississippi. —The gross ruary and two months to Feb. . Februari/. 1886. OrosB earalni.'s OperaUiiKexpeusea Net onrnines and net earnings 38, were as , 1885. . follows Jan. I for Feb- : to 1886. Feb. 28. . 1885. $274,430 218,799 $267,879 246,151 $548,610 432.129 $568,179 473, 54J $55,631 $21,723 $116,431 $95,637 Louis, with is called the Tol>^do Charleston & St. the following directors S. H. Kneeland, J. M. Quigley and R. G. IngersoU, of New York W. R. Patton and A. H. Chapman, o' Charleston. In Ohio the corporation will be tlie Toledo Dupont Illinois : ; & Western. Trans-Continental Pool.— In regard to reports that a settlement had been leached, Vice-President C. P. Huntington, of the Central Pacific, said, when asked about the matter on Thuraday "Mr. Adnms, of the Union Pacific, Mr. Crocker, of the Southern Pacific, iat. Strong, of the Atihi-on Topeka Santa Fe, and' myself, had a brief conference to-day, when tne situation was discussed. Everything went along pleasantly, and though nothing definite was arrived at I presume the matter is nearer a settlement than it tias t)een." : & Philadelphia & Reading.— Messrs. Drexel & Co., in Philadelphia, give notice that in accordance with the terms of their agreement with the Board of Reconstruction Trustees of the Union Paciflc— The Treasurer offers to purchase, before Phil.id Iphia & Reading Riilroad Company, they are now outstanding land-grant 7 per cent reodv to receive deiwsit j of the general mortgage 6 per cent June 30, any or all of the which the holder realizes only and 7 per cent bonds of the said company, and issue therefor bonds at the following prices, at maturity, viz. temporary receipts, to to be exchanged for engraved certiti- 8 per cent per annum, if he keeps his bonds until Bonds due and payable .\prll 1, 1887, at 104 flat, ex coupon, and intercates as soon as the same can be prepared. These terupurary 1, 1886. and engraved certificates bear interest at the rate of 4 per o^iit est at 3 pur Oriiit from /^piii flat, ex coupon, and lilf Boudi4 iuul payable i>ot. 1, 1833, at 109 per annum for three years from January 1, 1886, payable semi- terest at due ccut from April lier 1, 1886. 3 >fl. flat, ex coupon, and —Messrs. Joseph Wharton and William H. Kemble, a com- interest at 3 per ueut nom mittee of the Reading consol. 5 per cent mortgage bondholders After June 30, 1886, the following prices wOI be paid untQ have issued an announcement to the holders of the first series Sept. 80, 1886: five pt-r cent bonds of the Philadelphia & Reading Railroad Bonds due and payable April 1, 1887, at 103, flat, ex coupon, and Companv, in which they say " Being of the opinion, which interest at 3 per eem from April 1, 1886. is shared by others whom we represent, constituting with ourBonds duo und piyaiilo let. 1, 1888. at 108«», n.»t,exooupon. an* IS^B. Interent at per April selves the holders of a majority of the issued first series lives, 3 cent fnnn 1. . Bonds due and pa> aiiie Aiirll I, 1M89, at HO'4, flat, ex eoupon, aB4 that the plan of reorganization which has been forinulatm by Interest at 3 per ooui from April 1, 1886. the Comniittee of Reorganization of the Philadelphia & Reading Railroad Company is one which fails utterly to recognize —The gross and net earnings for February, and from Jan. 1 or to secure our rights, we have determined not to accept it, to Feb. 28, nave been as follows and have formed an organization intended to secure to ourJan. 1 to feb. 28. February. 1885. 1»86. 18S5. selves the verT valuable properties upon which we now hold 1886. $1,63 140 $1,563,949 $3,064,169 $3,ajS3»f nnquestionably the first lien, and to compel a sftle of other Grogs eamtnim li,371,834 2.458,617 I.l8.!,<ln7 \i;iH7;H64 taxes properties upon which those Ijonds are aUo a lien, in such Ooer. cxiiea. m;mner as will enable ua either to purchase them, or to oblige $8t>73T4 •«04,d62 $360,882 $447,276 HetearuluKS annually. Bonos due ami payable 18s9. at 111'40, April 1, 1886. Aiirii 1, : : , . — . THE CHRONICLK 432 THE UNION To the Directors and StocTtholders of tht [Vol. XLH. PACIFIC RAII.WAY COMPANY. Union Pacifio Railway Co: company for the year 1883 is now in course of preparation. It has been found and the voluminous tables which accompany it, in time for presentation in a printed form A preliminary statement, covering all important points in that report, inst. at the annual stockholders' meeting on the Slst presented. now is and prepared, has, therefore, been ,„ the year 1834, are shown in the following table The financial results of the year 1885, as compared with GENTLEMBN-The detailed report of this impossible to complete the report, . . , : Tear ending Dee. 31, 1884. Tear ending Dec. 31, 1835. Earnings— Union Paolllc... $17,837,080 38 7,820,229 53 $17,455,031 51 8,470,140 10 Auxiliary Lines. Total $25,925,171 61 Expenses— Union Paoiflo... $25,657,290 41 $8,560,621 24 6,690,358 29 Aaxiliary tines Total $8,424,925 23 5,589,535 17 15,250,979 53 Surplus— Union Paclflo $9,412,135 65 2,230,694 36 58,894,410 27 1,779,781 81 Auxiliary Lines. Total 14,014,460 40 $10,6r4,192 08 laxtt— Union Paclflo..., $470,226 24 383,423 56 $489,733 96 417,007 43 Auxiliary Lines. Total $11,642,830 01 906,741 39 Net Earnings— Union Pacific $3,041,909 41 1,817,265 80 $8,404,678 31 1,362,774 33 Auxiliary Lines. Total 853,654 80 Income from Investments outside of tie System Proceeds Miscellaneous Land Sales Profits on Investments, Premiums, &c Eeeeived from Trustees Kansas Pacific Consolidated Mortgage on $9,767,450 69 $10,789,176 21 1,382,911 12 10,335 90 406,416 47 7,455 26 66,474 63 207,110 00 itcoountof Interest * $11,518,936 tn $11,367,707 71 Total tnoome. 249,415 00 EXFIWDITUBE. Interest onBAids Discount and Interest „ Liosses on Investments, Premiums, &o Sinking Pond Reqairements, Company's Bonds Lines Interest on Bonds of Auxiliary Land Taxes and Land Expenses, Union Division Loss in operating Leavenworth Topeka A, Southwestern Bailroad, 1883 and 1884 Total Expenditure $5,836,267 05 356,138 12 93.945 69 $5,397,070 69 366,077 76 CO 591,540 00 1,213.0)6 00 84,837 73 5118.605 1,191,010 00 39,920 13 21,578 02 8arplu8 Income Less United States Requirements : Total Surplus Income. 7,632,46101 7,652,562 18 $3,735,243 70 1,184,053 05 $3,866,374 39 1,187,110 49 $2,531,190 65 $2,679,263 90 * The amount actually recetred from the trustees of the Kansas Paiifio Consolidated Mortgage in 1381 was $ 349,415. Of this $400,000 was derived from sales of land, aad, under the terms of the mortgage, paid over to the company to meet aooruing interest on the mortgage bonds. For purposes of comparison, this amount, therefore, is omittei in the above table, as the prjoeelsot Che sale of lands beloni;ing to the Kansas Paoiflc land grant during the past year have, by the advice and with the consent of the directors, not be in paid over to the company tomeet Interest, but have been applied to the purchase and cancellation of consolidated mortgage bonds. Of those bonds. $l,2Z2,000 were lioughtand oaneeled with this money during the year 1833. Had the land grant money been paid over to the company to be applied to the Interest on the Kansas Pacifio oonsolidated bonds during the past year as la 1834, the surplus revenue of the company for 1883 would have teen in the neighborhood of $3,800,000, instead of $2,55 1, 190 65 as above. Daring the year the miles of operated road increased from 4,476'51 on December 81, 1884, to 4,519 53 on December 31, 1885, or "96 per cent. The total train mileage increased from 12,176,007 to 13,343,721, or 1-38 per cent. The tonnage carried one mile increased from 984,871,475 to 1,111,315,839, or 13-84 par cent. The passengers carried one mile increased from 185,721,745 180 per cent. the gross earnings of the system for 1885 increased over the gross earnings for 1884 in the sum of $367,881'20, the (jperating expenses increased in stilllarger ratio, so that the result of the year's business was a decrease of $1,031, 734 '53, equivalent to 9 '47 per cent in the net earnings. to 189,071,991, or WhUe The small comparative Ist, increase in gross earnings Constant reduction in rates, as is shown was due to various causes, in the following tables. among which may be specially mentioned AVERAOB BATB FEB PASSEKGER, FBR HTUI. Union PaeiSo Ann iliary Lines Union Paoiflc iII"i'".*!I.'.'!."r."!II!*III.'".'!II!!!I! System AVEBAOE BATE FEfi tJnlon Pacific System 1882. 1883. 1884. 1885. Cents. Cents. Cents. Cents. 3-34 5-30 3-29 4'77 3-12 4-68 2-90 4-36 413 3-60 3-58 3-43 327 307 2-75 TON PER MILE OK FBBIOHT, EXOLnDIMO COMPAKT FRKIOHT. . Union Pacific Auxdiary Lines 1881. Cents. • m„l"r.!'!'.l'.."" lli."Il!Ill!^I 1881. lb82. 1883. 1884. 1885. Cents. I -98 Cents. Cents. Cents. Cents. 1-89 1'73 5-70 4-50 3'66 1.51 3 07 1-49 2-60 2*23 2-21 2-05 i-sn 1-74 ; Aprii, THE CHRONICLE. 1886.] 8, 433] 3d, Diminished receipts from through business, both freight and passenger, which the inoreaaed receipts from local frelghto and iMisaengers liail to lualte good. The respective deoreane iind inoreaseare shown in the following tables; while the decrease must soon stop, tliere is no apparent reason why the increase should not go on indefinitely. I'ASSIKOBB ANU raaiOBT BAKlflilaS, JSoeal Su§i)u*t, Coal. Tear. ing raeine Vuatl 'I 917,661,231 60 16,438,765 94 1886. 1884. TotaU. Butlna: I 96.46H.400 64 7,262.230 90 r<i3,119,023 14 12,700,096 and a decrease in through business of $l,803,830-83. The increase more than made good the decrease in through business. ail increase in local business of |3,323,4o5-50, has, sum by the of 1418,090*34, 90 in local busineai TUB NUMnEH OF lASSENOBKS OAKHIED ONE MILE. Tear, 1885 1881 Local Business, Through Sutituti. 12S.61A 40fi 114.553.190 60,46e,68ff . TolaU. 189,071,091 186,721,743 71,168,856 an increase in local business of 14,063,316, and a decrease in through business of 10,711,970, NUMBER OF TONS OF FRBIOBT CARRIBD ONE Tins Tear. Lccal Busineai. Through Butinetf. 760.199,994 605,993,420 230,211, 1''7 316,277,268 1885 1884 in local business, including coal, of 160,S06,574, an increase MILE. and a decrease in through, including Total*. 996.711,171 922,270,638 Pacific Coast business, of 86,066,091. The 3d, Pacific of at 4tb, the year. failure of the 1885 wheat crop in Kansas ; this entailed, as compared with 1884, a loss of traffic to the Kansas le.ast |.300,000. The disturbance in the coal traffic of the company, caused by labor troubles at Rock Springs, in the closing months of The loss thus occasioned cannot be definitely ascertained but it has l>een estimated, by those most competent to ; than |350,000. In a statement of August 13, covering the first half of the fiscal year, copies of which were sent to the stockholders, & heavy increase in operating expenses in May and June was attributed to the fact, that, " tlie work of renewing the track, heretofore done during the autumn months, has this year been done during the months of May, June, July and August. Last year the work of renewal was done almost wholly after the 1st of September. The increase of operating expenses, already noticed in May and June, will unquestionably be continued in July and August, causing the returns of those months to compare unfavorably with the returns of the same months in previous years. Nevertheless, the annual work of renewal will then be done, and the road and motive power wiU be ready to handle the heavy volume of traffic which always comes during the lait six months of the year. The stockholders, therefore, should know in advance that the increased operating expenses and consequent decreased net earnings during the months from May to August inclusive, of this year, will not necessarily imply any unfavorable results for the year, as a whole." The expectation thus held out, of reduced expenses during the latter months of the year, was not realized, and the total cost of operation for 1885 exceeded that of 1884 by $1,330,000, or 8'83 per cent the operating expenses, excluding taxes, in 1885, amounting to 38'83 per ceat of the gross earnings, as compared with 54-63 per cent in 1884. This increase was partly due to changes in the method of book-keeping, but mainly to other causes. As will be seen in the following table, it was confined to what is known as the Idaho division of the system that is, the Utah & Northern and Oregon Short Line roads. The increase of operating expenses, exclusive of taxes, on these two 'roads, aggregated $1,110,000 out of a total increase, for the whole system, of $1,336,000. Excluding the two roads named, the remainder of the system was operated in 1885 at an increased cost of only $136,000 over the cost of 1884. The increase of expenses on the Oregon Short Line was due to the fact that, early in the year, a through connection was made between the Short Line and the road of the Oregon Railway & Navigation Co. This necessitated an increase of over 80 per cent in the Oregon Short Line train service. The increased expenses of the Utah & Northern were due to the condition of tliat road and its rolling stock, which had, during previous years and under other local management, been allowed to deteriorate to a serious extent. Under these circumstances, road and motive power were necessarily subjected to an unprecedented tonnage movement at low rates during the closing months of the year. They proved unequal to the emergency and between September 1 and December 81, the cost of operation increased from $403,440 03 in 1884 to $643,111 83 in 1883. The following is a comparative statement of expenses of each line composing the Union Pacific system in 1885 form an opinion, at not less ; ; and 1884: Xante of Road. Kaiiflart Division Leavenworth Itranch Cliejeune Division Total Union Padflc Omaha A Ropuhiicau Valley Omaha Nlobiai-a & black Hills Denver .Sail Kcho A Park UtiJi A (,'lty .Vi.rtluin 437.034 29 112.572 19 907.662 12 1,427,516 91 81.231 77 59.605 44 1,077,249 18 690.253 i4 39,807 37 52.612 56 11S.782 16 70.778 00 40,741 05 77,.530 45 9.565 63 352,190 05 12,836 46 15,235 63 143,277 45 18,537 54 53,172 52 Denver*: Bonlder Valley Golden Boulder A Caribou Kanaaa Ci-ntral Geor«etown Hreckcnrldgo .• A Leadville. Montana Liiramie Sorth Park A Paclflo Denver A Middle Park Total Union Pacific and Branches 63 82 82 19 57 16 05 60 01 09 53 91,936 39.738 69,917 18,916 36 290,237 70 39 10j,753 32 8,625 78 6,078 56 lfi.724 ^ 1 $15,260,979 13 $14,014,460 40 9 i.'ds'i 74 131,109 73 158,.587 Solomon 82 29 72 $131,507 51 1,587 24 682 90 $135,696 01 1,102,342 78,155 65,922 1,701,020 1,182,873 45,140 40,134 Oregon siron I.lne Salt Lake A Westorti 40 $8,421,925 23 9(>0,834 64 Park A Pacific Lake <Sc PaoiHo $5,521,008 2,307.807 76.407 459,701 $8,560,621 24 .580,311 . Soutli Greeloy 91 06 19 08 Dtereaie. Inereate. 1884. 1885. $5,655,515 2,369,395 77,090 458,620 6,'3i7 s4 •>...• 326.204 30 3,075 95 38 623,771 01 486.620 33 5,332 79 13,'4'77 39,805 41 21,153 01 i.ooa 96 7,612 98 9,350' e's 93 03,517 69 2,625 78 6,075 66 Oi ........ 3."887 «l,236Jit9 IS • ......•• . — : . THE CHRONICLE. 434 The balance sheets for the year ending Dec. 31, 1884, and [Vol. XLII. for that ending Dec. 31, 1885, were as follows:— Tear 1885. $90,760,582 50 6,587,297 50 December 31, 1385. Liabilities. December 31, 1884. Decrease. $60,868,500 00 $60,868,500 00 Capital Stock Fiindttl Debt i,-:-^- ••/;' Loss Aiuoimts lit Id in tlie Kansas Pacific ConTrust Mortgage suUdatod $38,757,147 50 Land and Trust Income Less Defiolt of United States Requirements 1,451,215 30 157.523 97 1,376.251 13 14,566 b7 $12.''32,847 4i 2,976,633 78 18,641,133 70 $3,344,281 2' 593.605 00 4,460,392 14 $84,250,614 90 $8,398,278' 41 as. Accrued Interest on Umtedi States Bonds, Feb. 1, 18a0, to Date compared $2,012,370 72 2,169,>-91 69 15,167,214 03 1, 161,443 40 774,103 95 General Income Income used for Sinking Funds. $25,852-,S36 49 $2,215,002 50 $36,1 IP, 110 30 20,950.Si>6 27 Income Accounts: — $9,288,566 15 2,;i83,028'8 14,180,741 56 $212,167 50 81,957,682 50 33.539,512 00 84,173,285 00 33,539.512 00 United States Six per cent Ciirrencj' Bondg^ Interest oil United States Bonds Less AmouQts repaid by tlie Company 15,32-1,73^00 3, '237,696 53 Floating Debt* 7b8,070 82 Interest accrued not yet due.. $84,105,739 58 18,7frl,001 58 $2,003,435 00 6,799,465 00 -witli 2,139,563 49 6=8 348 19 32,111,05141 $7,709,930 22 21,401,12119 ,$226,279,509 29 $3,945,985 75 $222,333,523 54 ASSETS. $155,064,327 00 Cost of Road and Fixtures 1.792,43103 Construciion Expenditures since Consolidat'n 2,388,626 06 Equipment Expenditures since Consolidation 53,531 t6 Omaha Bridge Improvement $154,959,896 IT l,74ii,<i48 07 2,212,6B2 80 $104,430 fi3 46,j85 96 17.^,Wd3 -. 53,581 86 $158,918,607 04 $159,298,918 05 $380,311 91 — InTestmentt Bon'is and Stocks of other Enilro.i*! Companies $38,364,172 45 Bonds mill .Sioeks nf Steamship, Coal aadj other Companies, and Township and Pi©869,354 31 i. cinet Bonds Bonds iind Stocks of Railroad and other (.•cm-l Consolipanics held in the Kansas Pacific 3,215,250 ool. dated Mortgage Trust 680,^90 63 . Miscellaneous Investments Advances to Auxiliary compiinles payable In 3,415,280 50 Bonds and Stocks $36,746,790 64 752,534 9s $1,617,381 116,819 I 3,215,200 00 620,639 87 50 f0,2c0 I 4,797,935 85 $1,382,655 35 46,133,101 34 407,000 001 Bonds and Funds held Sinking Fund In 46,514,947 89 $411,846 55 522,490 25 70,440 37 1,683,4^2 02 18,159,289 81 $115,480 25 70,-l40 37 462,sl9 81 2,505,086 80 Denver Gxtession, 'Trust Five per cent Sinking Fund 1,220,612 21 Fuel, Material and Stores on hand 15,654,202 95!Land Contracts, Land Cash, etc l$226.279,509 29; $3,945,985 75 $222,333,523,541 Not including $916,704 02 due to the U. S. under Tliurman Act, Dec. 31, 1884, and paid under decision of the Court, Apiil 16, 1885. If this amount had been included In the balance sheet for Dec. 31, 1884, the decrease in the floating debt would have been $2,292,955 15 The following table shows the condition of the funded and floating debt of the entire Union Pacific Byatem, its mile:^,' &c., on June 30, 1884, and December 31, 1884, and December 31, 1885, respectively : * June Total Funded Debt Net Floating Debt , Total Funded and Floating Debts Siiles of ...... of $144,788,958 53 2,147,450 00 $148,546,460 37 6,900,177 95 $148,116,535 00 3.237,696 53 $146,936,408 53 1,861,415 40 $155,446,638 b2 $151,354,231 63 $148,797,t!53 93 Road Accounting, therefore, the bonds and other changes between June 30, 1884, and December 31, securities of the 1885. December 31, 1885. $141,649,017 50 3,467,487 50 road Debt per Mile December 31, 18e4. 30, 1884. $146,588,427 87 1,95h,032 50 4,419 4,476 4,519 $35,170 51 $33,811 59 $32,923 52 company held have been a3 follows in its own treasury as bonds issued, the : Decrease in Funded Debt. Decrease in Floating Debt $1,810,051 84 6,0t 8.732 55 . Total Decrease in debt.. Increase in Miles of $6,648,734 89 Road 100 Decrease in Debt per Mile of Road. $2.246 99 The following is a detailed statement of the floating debt 1884, and December 31, 1885, with increase and decrease of the company, as it stood upon June 30, 1834, December 31, : June 30, 1884. Dee.'31, 1884. J>f<!. 31,1885. Dee. 31, 1885, compared teilh Dee. 31, 1884. Increase 1885. Dtcrease 1885. Liahilities, Bills P.iyal)le Accounts Payable , Pay-rolls and Vouchers Dividends Unpaid Coupons Unpaid CallcdBouds ..,..,.,..... .. ..., , ... s . Totals $4,115,000 00 48.1,079 48 2,828,075 25 71,878 02 $1,593,769 30 1,995,570 00 $7,205,533 14 2.512.423 57 1,969,996 52 »-3,S84 77 1,276,182 90 32,000 00 $6,:0S,769 30 21,000 00 60,000 00 $13,110,020 90 $11,300,594 73 $8,811,050 65 90 76 $725,887 15 2,313,918 60 $12,924 25 15 39 3,909,799 50 29i,i3iVi $6,209,842 95 $8.d68,898 20 $6,919,605 25 $l,119,292'lS $6,900,177 95 $3,237,6f;6 53 $1,861,445 40 $1,376,251 13 916 704 02 916,701 02 SI 861.445 40 $2,292,955^1-5 2,47H,(i49 48 1,«9 1,004 28 78,648 77 l,J28,a23 90 l,26.'!,itl7 $ $1,137,070 97 6,770 75 65,505 00 90 29,000 00 $2,493,544 08 ASSETS. Cash Company's Stocks and Bonds Sinking Fimd in Hands of Trustees Bills and Accounts Receivable ^ Add amount due to the United States under the Thurman and other Acts. . K«tl>e1>t — $1,192,070 2,072,353 32,000 2,913,419 86 09 00 00 $7-*J^,881 97 $712,962 3,578,159 159,110 3,618,665 tP4..154 400 55 ^'ninM 916,704 02 Aprii- 3, THE (JHRONICLE. 1886.] 485 and Accounts Payable of the company, which constitute Its real iatere«t-bearln,{ unfund'd debt, have been the year and a half since June 30, 1894, by thu Hum of $">, 149,877 98. DurinK the same pirlod the interesibeaririK funded d«l>t has been decreased by the 8UU1 of $1,610,05184. The decrease in the intorest-bcaring floating debt has not conseiiuonily been accompanied by a corresponding increase of flxed charges oa aooount of the funded debt. (Jn the contrary, as appears from the following table, notwithstanding the fact thit lOD miles of additional ro id hare bsen built and paid for, the annual interest obligation on account of fundml debt has, since June 1, 1881, been reduced $139,570 while that «n the unfunded debt has, during the sams time, been likewise reduced $29J,7jS 6i malciag a total permanenc redaction of annual obligations on account of interest of $430,305 62. Tills re.9ult has been accomplished through the operation of the sinking funds, through the purchase and cancellation of bonds with money derived from land grant sales, and largely through ranous financial re-adjustments and the paymeat of The Billa decroased <liirin« ; ; debt out of surplus income. The following is a statement of the annual interest obligations of the companies composing the Uaion those obligations stood on June 80, 18S4, and December 31, 1885 1884. lutoreat on Kiinded DeM. Juno 30. 1894 Dkul'ct Interest on Bonds in Kansas Paclflo Consolidated Trust. P.iciflo «8,n3?.310 00 , 200,(KX> $6,208,790 stood June 30, 1894, at Average Rate of 5'40 per cent. It 00 00 117,520 00 «e,St26,3IO Deduct interest on Bonds owned by tbe Company Total Intkbest on Fdndkd Debt Interest on FloaUngDcbt, as system, as : OO S00 693 01 Total $6,709,473 04 1835. $6,427,760 00 206.000 OO Funded Debt, Dec. 31. 1883 DEDCCTlnterest onBondsinKansaaPacific Consolidated Trust Interest on .Deduct $6,221,700 00 142,540 00 on Bonds owned by the Company Interest Total Imtbsest on Funded Debt Interest on Floating Debt as it $6,079,2^0 Total OO 200,957 42 stood Dec. 31, 1885, at Average Rate of 4'92 per cent. $6,2e9,177 42 , Decrease of Annu.il Interest Obligations on Funded Debt.. Decrease of Annual Interest Obligations on Floating Debt. $129,570 00 290,725 02 Net Decrease. $420.295 ^2 During the year 1885 the St. Joseph & Grand Island Riilroad Co. has bsen organized through the consolidation of the & Western Railroad Co., the Hastings & Grand Island Riilroad Co., and the St. Joseph Bridge Building Co. Under this re-organization the Union Pacific received $3,985,000 of the first mortgage 6 per cent bonds of the new company, $17,000 of income bonds, and 33,015 shares of its capital stock. At the market prices ruling on the 31st of December last,tbeee securities represented a value of $5,000,000. There is no reason why the first mortgage bonds above referred to should not be sold at an early day, and the capital heretofore locked up in them applied to other purposes. Meanwhile up to the present time, and pending the result of negotiations in regard to the ownership of the St. Joseph & Grand Island road, which are still going on, it has been thought prudent to retain control of its securities. The first mortgage bonds constitute another available cash asset in the treasury of t'le csmpany, having a present market value of $4,300,000, The land sales of the company during the year ending December 31, 1835, were as follows St. Joseph : Proeeeat. Acres. Union Division - $1,223,227 »7 2,817,159 68 743,704 18 690,291 91 - 1,433.<»99 Total $4,040,387 63 09 a statement of the sinking fund of the Union Pacific Railway Co., established under the in the Treasury of the United States, on the dates specified The following is Tburman Act, : 31,1834. Dec. 31, 1835. $3,^40,9 7158 788,173 43 176.985 46 $4,267,361 3^ 1,421,714 46 31«.93t 94 $726,392 75 633,.541 03 139,969 48 $4,506,130 47 $6,006,033 73 $1,499,903 26 $966,450 00 32,6 )0 00 361,000 00 $960,4-0 00 3,547,650 00 361,000 00 3,515,000 00 $1,360,100 00 $4,875,100 00 $3,5l5,0i;0 00 172,990 44 2,973,040 03 918.439 44 182.494 29 775,449 00 $1,506.130 47 $6,n06.033 73 I>ee. Amoimt withheld of the .Siukiug Cash piiia bv for Transportation Services, Fund tiiC ... , and carried - . Fund .. ..... Total United States 3 per cent Bonds United Slates 4 per cent Bonds United Slates 6 percent Bonds ... ...... Total Baliuice in Che Sinliing Total Decrease. to the Credit . Company Interest collected on bonds held in the Sinking Increase. Fund uninvested • $ $2,790,5 ib"74 S1,499,<103 26 The company now has in the hands of the trustee under the Union Pacific land grant mortgage an uninvested balance of Tuij money can be applied only to thi parchue ani cincallation of laal grant bonds, of which $3,706,000 are now outstanding. After the maturity and payment of this issue of bonds, the balance of the fund will be applied to the extinguishment of the sinking fund bonds, of which $14,483,000 are outstanding. The trustee of the land grant mortgage has purchased all the bonds which have been offered, on the basis of 3-5 per cent interest to maturity. As the remaining bonds outstanding cannot be purchased upon these t.'rms, the above balance, $3,194,475 63, is held by the trustee, in accordance with the terms of the land grant mortgage, on deposit in trust companies, where it draws interest at the rate of 3 per cent. As seen in the foregoing table, t'le company also has $5,833,539 44 invested in United States bonds, in the " Tburman Act " sinking fund, upon which it receives, at the present market price of the securities in which the fund is by law invested, a return of 3"3 per cent per annun. It accordingly appears, that taking the securities in the Thurman Act sinking fund at their market value ($">,93i,3^ 3 35\ and including the uninvested balance of the sinking fund ($183,494 39) as well as the funds held by the trustee of t le land grant mortgage ($3,194,475 63), the Union Pacific Railway Co. has now no leas than $9,300,353 17, which under the op3ratioii of law, or the terms of mortgage, is so locked up as to return to it an income of only 2-1 per cent jer annum. It may fairly be questioned whether any other corporation in the country occupies a 3,194,475 63. position of equal hardship. • j -ii u^ be For furtlier and detailed information, the stockholders are referred to the annual report which, it is believed, will ready for publication on or before tLe Ist of l.'ay. BOSTO.M, March 39, 188('. F. ADAMS, Jr., PresL^ei^. , CHARLES : ; . THE CHRONICLE. 436 ^Jxt [V<}L. XLII. COTTON. ^ommtxcml %xmts. Friday, P. M., April 2, 1886. as indicated by our telegrams from the South to-night, is given below. For the week ending this evening (April 2), the total receipts have reached 59,095 bales, against 64.328 bales last week, 57,743 bales the previous The Movement of the Crop, COMMERCIAL EPITOME. Friday Night, April 2, 1886. on the Southwestern railroads (notwithstanding week and 62,129 bales three weeks since; making the total the apparent halt in the arrangements reported to-day, and receipts since the 1st of September, 1885, 4,850,597 against many other less important labor troubles, are believed to have 4,579,287 bales for the same period of 1884-85,bales, showing an been practically ended iu the past week, and althought there increase since September 1, 1885, of 371,310 bales. are numerous disputes still pending, circumstances promise Receipts at— the early removal of nearly all the obstacles to the progress Sal. Hon. Tuet. Wed. Thurt. FH. Total. of trade and manufactures which these causes liave raised. Galveston 483 1,094 1,294 105 950 654 4,580 The losses have been severe, and the outcome of the season's Indianoia, Ac. business is greatly impaired; but a lesson has been learned New Orleans... 5.228 3,855 3,358 1,865 509 2.164 16,989 which, in a measure, promises security for the future if not 98 842 5 323 17 254 1,537 indemnity for the past. The weather has continued spring- Mobile Florida 15 15 like in nearly all section?, but heavy rains have caused local The strike floods in many States, obstructing railway transportation, and doing other damage, but apparently inflicting no serious injury upon crop prospects. The following is a statement of the stocks of leading articles of domestic and foreign merchandise at dates given 1886. March Pork Beef tea. 23.405 13,229 401 443 831 tcs. 55,466 29,933 51,857 219,137 80,779 68,200 16,358 None. 776,000 39,103 30,266 50,585 231,100 54.400 109,500 18,442 None. 961,000 32.114 18.890 47.109 118,542 84,650 40,000 44.532 None. 300 lihds. 100 740 bbls No, bales bbls 5,000 276,000 288,651 27,976 bbls. bbls. 1,147 1,837 4,000 4,750 bags. ba.gB. mats. hhds. boxes. bags, &c. hhd Hides Cotton Bosln Spirits turpentine Tar Kloe, E. I Rice, domestic Xiinseed Saltpetre Jute butts bags. bbls. and Kanila hemp Sisal hemp 1. 24,529 hhds. Molasses, foreign Molasses, domestic 1885. April bbls. bales. Sugar Sugar Sugar Melado 1886. April 1. bWa. and Ijard Tobacco, domestlo Tobacco, foreign Coffee, Rio Coffee, other Coffee, Java, &c 1. tcs. 1,582 3,500 231,500 301.754 22,763 506 1.488 1.000 1.200 bags. bags. 15.000 10,.500 12,8.50 bales. bales. bales. 43,100 22,835 22,282 14.100 44.100 25,823 24,238 905,Si(0 Savannah Charleston Pt. Royal, &o. Wilmington.... Moreh'd 0.,&o Norfolk 2,047 747 1,002 2C2 819 1,452 J, 3 37 .292 523 384 147 46 26 88 151 1,328 3,875 1,365 61 1,328 1,244 1,535 740 94 897 500 245 444 700 272 663 113 2,061 220 96 750 WestPolnt.&o New York Boston Baltimore Philadelp'a, Ac. Totals this 8 week 10,538 15,305 11,811 For comparison 2,000 113.400 343,437 36,987 1.488 1,272 11,2G0 1.900 5,000 12.250 65,300 12,156 27,704 which still exist to a free export to the Continent. To-day the market was stronger, closing this afternoon at 625c. for April, 6-26c. for May, 6-31c. for June, 6-37c. for July, 6'43c. for August and 6-50c. for September. Lird on the spot closes quiet this afternoon at 6'15c. for prime city, 6'22>^@6-27J^c. for prime to choice Western and 6'50{a6'55o. for ref ned for the Continent. Pork has declined 25c. perbbl., andcutmeats are }^c. per lb. off, but the close was more active and steady old mess pork $9 50@|9 75, and pickled bellies i}^@5}4c. Butter and cheese have ruled very firm, owing to light supplies. Tallow has declined to the very low price of 43^c. per lb. Rio coffee on the spot has been quiet but firm, and fair cargoes are quoted at 8j|^c., but options, though less depressed, have ruled very dull, but are firm, with sellers this afternoon at 7103. for April, 7-05c. for May. 7c. for June, 7-05c. for September, 705c. for October and 7-10o. for December. Mild grades have been more active and the turn dearer, on favorable foreign advices. Raw sugars have been tending upward, and a good business has been done at better prices, and the close is firm at 4^c. for fair refining Cuba and 5 9 16c. for obstacles ; centrifugal, 96 deg. test. Refined sugars are more firmly held and fairly active. Molasses has also ruled firmer, and a large business was done to-day, including ten cargoes of Cuba at 18^@19c. for 50 deg. test, closing at 19c. Kentucky tobacco has sold to the extent of 300 hhds., of wh\ch 100 for export; leaf is steady at 7}4@VS}4o., the latter figure for fine heavy; but lugs are easier at 5@ 7c. for the whole range. Seed leaf reflects a freer movement, and prices are steady. Sales for the week are 1,100 cases as follows- 220 cases 1881 crop, Pennsylvania, 8}4@12}4o.; 180 cases 1883 crop, Pennsylvania, 8@10c.; 200 cases 1S84 crop, Pennsylvania Havana seed, 9@llc.; 200 cases 1884 crop, Wisconsin Havana, ll@12Kc.; 200 cases 1884 crop, State Havana, 8^4® 15c., and 100 cases 1884 crop. New England Havana seed 11@ 29o.; also 300 bales Havana, 60o.@ $130 and 150 bales Sumatra. |1 30@|1 65. Spirits turpentine has fluctuated widely, selling down to 40c. on the spot and SOi^c. for May, but to-day there was a sharp recovery, the stocks being very small, and the close on the spot was at 47c. bid. Rosins are also rather dearer at 07i^@ Jl 12^ for common to good strained. Crude petro- 1 leum certificates have further declined under the dulness of exports and the liberal flow of the wells, closing this afternoon at crude in bbls. quoted at 6i^@6s«'c.'nbt.l8 7i^c. and in cases, naphtha, n^@n%c.; 8%@9J^c.; 8^0. '^A^l^ yoean freights have been only moderately ''active. Grain ^°'' ''^*"" *'"* petroleum charters 951 131 802 98 , 7,176 6,075 131 6,230 124 846 25 320 30 25 217 79 101 282 42 2,479 1.484 3,356 2,979 3,708 4,499 9.765 59,095 9,527 3,349 624 we give the following table showing the week's total receipts, the total since Sept. 1 , 1 885, and the stock to-night, and the same items for the corresponding periods of last year. 763 783 1885-36. Seeeiptt to ThU April. 2. New Orleans. MobUt Florida Savannah Br'8w'k,&o. Charleston... W.Point.&c. New York... Boston Baltimore ... PhUadel'a,&o Total 1884-85. Sitiee Sep. Week. Galveston ... Ind'nola,&o The speculation in lard has been at times quite active, and Pt.KoyaI,«SM! Wamlngton.. some large transactions were made in parcels on the spot M'headC.&c yet the turn of prices early in the week was strongly downward under the free offerings that were made, and the Norfolk ire dffflcuUto&t'"''*®"* 1,126 Brunsw'k, Ac. 1885. 1, 4,580 655,895 781 ThU Stock. Since Sep. 1, 1884. Week. 1886. 920 16,939 1,610,622 1,537 234.285 15 49.765 0,075 739.950 131 15,149 5,230 454,167 121 12.997 846 95,916 25 7.315 9,527 501,502 3,349 216,037 624 50,095 3,356 88.825 2,979 48,117 3,708 39,149 419,992 CI 10.697 12,682 1,468,870 809 226,684 57 75.963 2,444 700.228 10 9.718 851 506,962 9 6.280 128 93,129 3 9,590 3,528 538,663 537 273.191 2,041 62,435 716 78,149 543 26,513 2,767 42,220 59,095 4.850.597 28.111 4,579,287 1885. 33,164 18,359 299,358 36,408 207,105 18,613 2 2 35,359 20,717 47,910 101 8,424 4,923 1,395 35,544 11.826 309,291 6,310 30,951 22,416 350,934 6,310 14,828 8,813 851,740 667,326 In order that comparison may be made with other years, give below the totals at leading ports for six seasons. Receipts at— 1886. 1885. AU others.... 4,580 16.989 1,537 6,075 5,354 871 9,527 3.349 10,813 rot. this w'k. 59,095 Oalvest'n,i&a. New Orleans. Mobile Savannah.... Charl'st'n. Wilm'gt'n, &o &o Norfolk W. Point. &o. 1884. 981 1883. 2,389 9,842 1,181 2,251 2,912 12,682 809 2,444 860 1882. 11,423 25,990 1,473 7,007 4,812 4,553 8,533 1,661 5,513 2,903 we 1881. 8,548 34,922 2,972 6,817 7,409 133 519 1,251 703 493 3,528 9,720 2,620 14,412 4,890 2,586 13,122 7,758 6,137 2,864 2,368 12,765 15.793 28,111 37,091 78,703 44,467 85,696 537 984 Since Sept. 1. 4850,597 4579.287 4619,661 5408,490 4335.107 5176,322 (Jalveston includes Indianoia; Charleston includes Port Ro.val. Ao.} Wilmington includes MoieU'd aty,&c.; West Point includes City Point,&o The exports for the week ending this evening reach a total of 77,389 bales, of which 34,760 were to Great Britain, 17,241 to France and 35,333 to the rest of the Continent. Below are the exports for the week and since September 1, 1885. Week Endtnt April Exvorted to— Exportt frotn- Oreat SHVn. rrance Continent. 2. Jbtal From 1. 1885. to Apr. Exported to— Sept. Great Week. Britain. France 1.937 220,9 D3 ~ia,545 12,936 41,143 696.919 273,541 8S,S59 Savannah 8,701 3.704 97.045 Charleston .... Wilmington... S,'J15 S.WS 1.390 11,621 2,815 9.190 745 63 3.311 77,814 42.668 181.2S3 34,299 318.243 97,276 81,081 84,927 aalTe«ton New 1,937 Orleans.. 113Se 16.821 Mobile Continent. 2, 1886. Total. 73.523 310,971 347,982 1.218,446 88.859 Florida. Sorfollt West 10,234 Point... New York S,955 48D Boston Baltimore... PhlladeIp'a,*o . 2.596 2,6K 31,760 17,241 25.383 Total 1884-85 38,228 6.969 9.112 8,'!05 2,828 288.646 187.408 28,184 5.709 28.123 143.3l!9 1,839 81.172 6.2S2 19,297 16,941 I.Oll 4.851 893,943 281.319 85,850 189,320 51,340 489.785 9S.817 101,188 89.281 77.389 1.820,895 319.724 1.118.629 S.283.91S 48 809 2.12T.4''B 3),S.I2i 916.5.12 3.3»8.l2a ; April THE 1886.] 8, HROJNICLE. ( 437 In n<ltlition to above exports, our tele^raras to-night also ^ive oa the following nniountH of cotton on shiplioard, not clearcil, at the portH nuined. We add similar llguroB for New York, which are prt«i)ured for our Bjiecial use by Meears. Carey, Yale & Laml)ort, 89 Broad Stroet. f On aMpboard, not cleared—for Al'HIL 2, Ltatins AT- Oreat BHbxin. Mew Orleans OocuU 20,437 NoDO. 11,000 4,730 None. 72.522 216,836 3.00 32..'.0'i 1,200 1,200 1,J35 19.000 ^':,no 4,00(1 4.4(i« ;;]..(.!) 2„'>b9 9.546 12,000 Block. Xotat. M)Ut. 27,783 3,000 l!),5(i3 ."^..^OO 1,300 Bavniiiiiili i'..'.00 300 921 None. 5,030 None. None. None. None. None. 800 Noue. None. 63,350 20,863 35,658 11,083 31.975 22,088 11.817 17,149 17,375 5.8S0 t:6,82t 21.688 14.ti5l 76,103 Moli11« New None. a.'Jio .... ^i.il^7 i'.hOO Y.'ik Other iwrts Total 1886. Total 1885 Total 1884 Tho speculation 2,500 2H.I fift fill fill M ^^{Z'Zn Charleston GalvoHtou.. Norfolk m ; B: o : b: r : '.IH 2."..!ll<f< 5..100 aO.iOJ 130,934 720,808 05 613,039 600..' in oclton for future delivery at this market the week under review. Down to the close of Tuff day's liufirets the full receipts at the ports and dull foreign tdvices ditccuraged operations for the rise, but values received such flrong tpeculalive support that the bears were not fice sellers, and the tone was simply weakly variable. On Wednetday the bulls took fresh courage from a better Liverpool report and from the heavy rains at the South, wl ich bad cauttd llcods, interrupting railroad transportation and tlirtatening to seriously delay planting operations. The upward turn continued till about noon of Thursday, when a rect very of 18(3 15 points from the closing figures of Tuesday bad been realized. Then came a slight reaction, under a weak Liverpool report, which prompted sales to realize profits, under which the early advance was lost. To-day was a repetition of yesterday's market, an early advance on a better report from Manchester having been lost toward the close. Notice's for delivery on April contracts were freely issued during the closing days of March, but they were mostly stopped, and the stock in this market begins to accumulate, showing confidence among leading commission houses and proving an element of strength. Cotton on the spot has been quiet, but quotation were yesterday advanced l-16c. To-day the market was quiet and steady at 9 3-lCc. for middling uplands. The total sales for forward delivery for the week are 896,900 For immediate delivery the total sales foot up this week bales. 1,980 bales, including 277 for export, 1,703 for consumption, for speculation and in transit. Of the above, bales were to arrive. The following are the ofiBcial quotations for each day of the past week. has It en c.( nij Biativcly dull for 1 — — W^^rt o, April UPLANDS. JHon Tnes ,„ Sat. 2. | 6H Ordln'.T.51b BtrlctOrd.. Good Ord.. etr.G'dOrd LowMiddV BtrL'wMia Middling... Bood Mid Btr.G'dMld . BtrtotOrd.. Good Ord.. G'd Ord Low Jlldd'g Btr.L'wJlldi MlddUnx... Good Mid.. e-fl 1 611,(1 611,8 616i« 6io,fl 7i« 7ifl 7''e 7''fl 8',e SSie 81I18 816,, yig 99,8 8h» 86,8 6>i 61618 778 86,8 811,8 816. 9% 97, BM.<i'd.Mld ?.> Mldd'g Fair 1014 Fair 11078 1 1 ' W 8">" »»,(! 9''8 O's i lOH lOH Ws lO^e 8^ »6l« 9:41 lin,6 111 Tb. Frl. Wed 6»18 611,8 718 8", 6 81a 878 9i« j fi« 7 ZL^i8 838 8\ flifl 9>« 9*16 84 8 llll« »^ 7Js 8i8 §li« 810 87e 9I9 96,8 6»,8 I 816,( t 1 1 ; iim Sat. 65,8 66,8 7 7 7 Ii'l8 8«ia 713i„l 713,6 8«io 8'>16 MARKET AND 66i« »A ai Frl. 6H l> 8i8 73,6 8»]6 89,« 816,8 93,6 93e 913,8 8% 8li„ S'ii' 938 913,8 10% 10% 11% 10% 10% 11% mom Tnea Wed Tb. STAINED. Ctood Ordinary ^Jlb, Btrict Good Ordinary........ 8' 18 lO'lB 101,6 107,6 107 lujs ii'lS Tb. Frl. W^ed Tb. 6% 6% 6% 1 ' 611 18 7i« S'e 9i« 96,8 9^6 9^ 101,8 107" I ;" 8 '8 91; ''8 81618 .. 9 9 Oha 93,8 939 938 S'.'« 968 9% 913,8 913i6 9% 9l6l« 916,8 101,6 10% 10>8 llOiia 106, „ 106,8 107,8 101a 10 "a |107i8 lOli 19 10'6l8 111,8 LowMlddllue MlddUng 611,8 7i« 81,6 fl4 7ifl 81,8 9% e Men Taes he 81,8 S»i K'b 101,8 lOlfl 111 J S 61 7V S'le 101,6 101,8 lOT, 107 Sat. 6II18 H>i 8 '8 91S 9^16 f>< 8->9 9ifl TEXAS. Mon Tnea OiSi.i Wed Ordln'y.iflfc OH 1 NEW ORLEANS. Sat. 779 85|« 811,6 816,8 918 9»,8 9'e Mldd'icFairlO»4 Fair Iio'e Btr. — 6618 6% 8«,e 71,8 778 8»8 Frl. 638 71,8 77e 8=8 SALES. The total sales and future deliveries each day during the w©ek are indicated in the following statement. For the convenience of the reader we also add a column which shows at a glance how the market closed on same days. SPOT MARKET CLOSED. Bat.. SAXES or SPOT AND THAMBIT. .ElOon- Spee- Tran- „ port. lump'ul't'n Qiiict 277 Kasy Thurs Firm at imadv.. Frl.. Quiet .... .... .... .... .... TetaL 277 1.703' Mon . Tnes. EiiHler Wed Steady . The , 1 361 158 305 266 321 289 lit. '".'. I'.'.'. ^lal- 641 158 305 266 321 289 .... — daJly deliveries given above are aetiully 011 whlcti t.ttoy are report«d. p:evlouB ?o that FUTUKES. . Bala. Deiiv trie$. 92,800 75,400 43.200 63.000 100 100 7.J.0O0 49.500 4,300 1,980 396,900 delivered the 4,500 day Thb Salrs and Prices of Futithes are shown by the followiQK comprt'hensive table. In the statement will l)e found the daily market, the prices of sales for each month each day, and the closing bids, in addition to the daily and total sales. m Septemt>er, 1885, for Hepcember. 1J0.200 ; Septem* Inoiuaes saies ber-Ootober. for October, 301.700; September-November, for November, 416,400; Setember-December, for December, fl28.200; Septemberjanuary, for January, 2,004,200; September-February, for February, 1,370.090. __ _. Transferable Orders—Saturday, 9'05o.; Monday, 9-050.; Tneadaf, Thursday, 9-15o.; Friday, 915o. Short Notices for April— Tuesday, 9'00»9-03o. 9-050.; Wednesday, 9-I5o.; The following exchanges have been mad» during the week: •22 pd. to exch. 100 April s. n. lat 33 pd. to exoU. 200 April for July •27 pd. to oxch. • 3 pd. to exch. •41 pd. to exch. •13 pd. to exch. •1 1 pd. to exch. •33 iMl. to exch. •41 pd. to exch. •1 1 pd. to exch. •27 pd. to exch. Of pd to exch. 1 1,500 May for Aug. 30ii Apr. for Miiy. 200 April for Aug. l.iiOo Apr. for .'May. 100 April lor .May .MK) April lor July. 60 J April for Aug. 100 May for Juno. loO May for Aug. 2ii0 Nov. for Oct. 500 April 8. n. for regular, even. •II lid. to exoh. 3,000 May for June. •17 pd. to exch. loO Juno for Aug. for June. pd. to exoh. 500 April for Mar. pd. to exch. 1.000 Apr. fttr Mar •06 lul. to cich. 300 Jan. for Sept. •04 p<l. to ejch. 500 Nov for Maj. •10 iid. to eich. 100 April for Ma^. •09 pd. to exi^h. 4(X) April for May. •08 pd. to exch. 1,500 .\pr. for M^iy. '27 pd. to exch. 2,.M)0 Dec. for Aug •28 pd. to exoh. 100 M^y 'or Aug. •01 pd to ezob. 500 May for Dec. Ot pd. to ezeh. 100 Jan. for Sept. •11 pd. to exch. 100 May for Jim*. ' 1 10 ,. * THE C^HRONICLE. 488 • The Visible SrvPL? of Cotton lo-night, as made up by caole and telegraph, is as follows. The Continental stocks, as well as retvinh, those for Great Britain and the afloat, are this week's and consequently all the European figures are brought dowi' complett to Thursday evening. Rut to make the totals the exports trcn figures for to-night (April 2;, we add the item of tho United Stateb. incJuchng in it the exports of Friday only. the i 1883. 1884. VS85. 713.000 1,008,000 1,060,0 JO l,012.oOO 18S6. Btook at Llrerpool t>»les Total Great Britain stock 69.000 36,000 2.'.00) Btootcat London . Btock at Hamburg Btook at Bremen Stock at Amsterdam Btook at Rotterdam Stock at Antwerp Stock at Havre Btook at MarseUleB Btook at Barcelona Stock at Genoa Btook at Trieste 5,0 00 ^^'nnn 7,000 4,000 211,000 5,000 60,000 10,000 5,000 1.100 133,000 4,900 57,000 S,700 6,500 350,100 391,400 422,200 2 87,300 1 IHOOOO ifil'nnn ^^M?S 7,000 ^®9',,XA 5,000 fj'9^ 14,000 Total Continental stocks ,400 TotalEuropeanstooks ..-.1,085,100 1,435,<IOO 1.551,200 1,363.000 327,000 240,000 168,000 185,000 516,000 296,000 212,000 292,000 India cotton afloat tor Europe, Amer'n cott'n afloat for Eur'pe 41,000 689,142 114,859 12,000 12,000 667,326 135,057 8,000 10.000 851.740 Egypt,Brazll,&c.,aflt for E'r'pe Btook In United States ports .. Stock In U. 8. interior towns.. United States exports to-day . 3U,7«3 23.256 33.000 822,450 !;3I,650 16,500 . 2,758,859 2,637,733 2.944,201 3 309,600 Total visible supply 8OI the above, tUe totals of American and other descriptions are as follow Ameruan— bales Liverpool stock Continental stocks afloat for Europe. .. United States stock United States interior stocks.. Uaited States exports to-day . American . 8.000 748,000 IbS.OOO 516,000 822,450 231,650 16,500 __,_ 261,000 69,000 95.200 240,000 41,000 220,000 36,000 101,400 168,000 12,000 186,000 22,000 8^.100 185,000 10,000 Egypt. Brazil, *c.. afloat 2C4 500 63,2)0 104,300 327,000 33,000 709,200 792,000 540,400 489,100 2.269,759 2.097.383 2,235.001 2,517,600 &0 2,758,859 2.637,783 2,944,201 3.309.600 Total visible supply 6d. e^\. 5'\f,A. 5d. Price Mid. UdI.. Liverpool loc. llSieC ll^ieo. 9SiaC. PriceMid.Upl., New York.... ^F" The imports into Continental ports this week have been 93,000 bales. The above figures indicate an inerease in the cotton in sight to-night of 131,076 bales as compared with the same date of 1885, a decrease of 185,343 bales as compsjed with the corresponding date of 1884 and a decrease of 550,741 bales as compared with 1883. At the Interior Towns the movement that is the receipts for the week and since Sept. 1, the shipments for the week, and the stocks to-night, and the same items for the corresponding — period of 1884-85 — is set out in detail in the following statement. o 7 E E wO Bl ^ .-- c o P ^ q t3 E3 Coj X M "O "l a "ci IC ** to : Q p OD OC P tP £ o r IPi^i Galveston New ... Orleans. Savannah. ! M I- M ^- qd o -; '^ tf^ 3. f-* o; (-• «-CiO®C« cc i^t^; >-• J^ t*^ i(>. >8» 'cD O 1 cV-o-.'^oy" Fri. S^'s S'^a 878 8!>S 8=8 Hi^ 8=8 H'h H6r H'r 8=8 8=8 8=8 878 8=8 8'8 9>4 S=8 8=s 8=8 8'8 8=8 8-8 914 9l« 9^16 8=8 81116 5 '8 8=8 8=8 ^=8 8=8 8=8 8 '9 8=8 8 '8 914 .. Norfolk Boston Baltimore 9M 9% 9^ Wifl M^f 91,6 8=8 Siiie 8ii,a S's 8=8 Philadelphia. A^ugusta 9\e Memphis 8% 8% 8 '8 8=8 811,8 H'r 85« 858 Louis Bt. Cincinnati . . Louisville Receipts from the Plantations. 8U,8 8 '8 8=8 8 '8 914 9% 9% 97i« 8=8 a^iB 8=8 8"ie 8\ 8% 8% 8H 8-e 8=8 H'8 8=8 8'8 8=8 —The followmg table indicates the actual movement each week from the plantations. The figures do not include overland receipts nor Southern consumption; they are simply a statement of the weekly movement from the plantations of that part of the crop which finally reaches the market through the outports. Week ReceipU at EtMnt— tlie 1884. 1M5. .. W.4S7 Mch. 5... 68,720 50,312 56,866 " 12... 49.876 42,635 " 19 86 Apr. 2 " Ports. Ist'k at Interior Tbtimt. Bec'ptt from PlarU'tu, 1886. 1885. 1884. 1886. 210,182 443.606 9i,887J2J7,285 68,223^205,477 42,581 62.180| 181,1:4 32.885[ 57.743|l60,8C9 28,'^10 64.328 14',236 1881. I 19,302J 1885. 83,563 39,563 199,17i) 442,408 16.035 181,132 421,7S6 28.-13' 21,534 t70.155J892.732 158,173 338,302 19,030 Sl.Bll 1 1886. 87,303 68,025 11,457 21,608| 2-<,7!9 16,880' 29,998 . K,8S4 .. 37.n9ll 2-'.lll' 69.0115'l25.39l 114.998 335,''i03' 2l.24n' 11.934' 86,3')6 ' — The above statement shows 1. That the total receipts from the plantations since September 1, 1885, are 5,170,410 bales; in 1884-85 were 4,707,070 bales; in 1883-84 were 4,695,899 bales. 2. That, although the receipts at the outports the past week were 59,09,5 bales, the actual movement from plantations was only 30,360 bales, the balance being taken from the stocks at the interior towns. Last year the receipts from the plantations for the same week were 14,934 bales and for 1884 they were 31,349 bales. Amount of Cotton in Sianr April 3.—In the table belc-w we 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, so as to give substanti^y the amount of cotton now in sight. — 1885-86. 1884-85. 1883-84. 1882-83. Receipts at the ports to Apr. 2. 4,850.597 4,579,237 4.619.661 5,108,490 Interior stocks on April 2 In 76,238 240,667 319,813 127,783 excess of Septemhcr 1 Tot. receipts from planta'tns 5,170,110 4,707,070 4,695,839 5,649,157 6-2,645 556,182 526,a28 572,324 1 253,000 217,000 2313,000 24J,000 Net overland to Api il 1 Southern oonsumpt'n to Apr. 6,IC6,055 5,480,252 5.458.227 6.401,481 -•'8 w* t O'XQC® — CO rf- 'C O O b. OCif>- :C 33 O • iC^-i^tO-sJCOODODrf^ WW is is 6Ai,8i8 bales and the decrease from 355,126 bales. Weather Reports by Telkqraph. —A heavy rain-storm CCWCOOlCn — (tkWM-^ K> tC H- <I — iJ" -q y< f-^MC^^-ipMtC^-^iWXiWtCCDtfi « Vice** -j o fc »— i^ o o ta'wcr tf-'cc -i to O'coII! Od^tOXXMQO'iO' tO**-JCCCD^^^ ' Thurs. 87., as comiiared with 18S3-84 COM Ob Wednes. S'^S It win be seen by the above that the Increase in amount in sl^ht to-night, as compared with last year, is 625,803 bale-', the Increase I «fc . Wilmington Tues, 858 8=8 8 '8 858 8 '8 9^4 .. Charleston Mon. Satur Mobile 1882-83 K-! (tk CLOSING QDOTATIOSS FOR MIDULINO COTTON ON- Week ending April i. Northern spinners' takings to 1.487,461 1,17.5,585 1.298.752 1.451.826 Aptil2 K H to W M Wow we give the closing quotations of middling cotton at Southern and other principal cotton markets for each ilay of the past week. Total in sight April 2 SB* aOdf^-^Hf^-Oi *4 QUOTATIONS FOR MIDDLING COTTON AT OTHER MARKETS.— ii the table Feb. 26 2.269.759 2,097,383 2,235,001 2.517.600 Total American Xatt Indian, Brazil, Ac— Uverpool stock london stock Continental stocks India afloat for Europe Total East India. Total American. 1 796,000 327,000 296,000 669,142 114,859 12,000 788,000 287,000 212,000 667,326 135,057 527,000 264,000 292,000 851,740 311 ,763 23,256 XUI. bales more than at the same period last year. The receipts at the same towns have been 6,237 bales 7nore than thp same week last year, and since September 1 the receipts at all the towns are 573.556 bales more than for the same timi: iu 1884-5, 63,200 735.000 1,044.000 1,129,030 1,075 700 3,20U 3,800 6,000 4,100 40,300 69,000 54,000 41,^00 29,0C0 53,000 0^,000 29,000 2,600 1,000 500 500 [Vol. ha* 10 Si ? with a marked change in temperature passed over a large portion of the South during the early part of the week, being especially severe in the Southwest, and causing floods in some In consequence planting operations h ive been temsections. porarily interfered with. At ofier points, however, gojd progress has been made with farm work. Galveston, Texas.— It has rained on one day of the week, the rainfall reaching twenty-four hundredths of an inch. The thermometer has averaged 61, the highest being 70 an 1 the lowest 38. The rainfall during the month of March reached four inches and fifteen hundredths. Indianola, Texas. We have had rain on one day of the week, the rainfall reaching two hundredths of an inch. Corn — coming up well, and cotton-planting makes good progress. The thermometer has ranged from 40 to 78, averaging 63. During the month of March the rainfall reached four inches and ninety-two hundredths C" M OJ OS 00 05 OtSOp-twrCKJOi^CJ, 01 W O 00 0, 1^ CD ao — uowQo OC0^^l0CdO0Q^0305O3I^^Cd0DCD^Q Palestine, lexas.—lt has rained on one day of the week, the rainfall reaching one inch and fifty-two hundredths. ^1 There has been killing frost and ice on two nights of the 05i^tnCO*.C00500'.CO' OC^ttJtcVwVl week. Good progress is being made in planting cotton. The * This year's figures thermometer has averaged 54, ranging from 33 to 75. Rainestimated. The above totals show that the old interior stocko have fall for the monti of March fivj inohej and fifty-seven a c M -q OS — c; x *. 0> ifi. cc #- I** Oit^wso>oortoo:o>i»-i^O'0'C»viecGDa3 is tjt aecrfated ^uiw* the vei^k 23,468 b»le9 and aie to-night 176,706 hundredth', .: ' ArniL THE CHRONICLE. 3, 1886,1 New OrUann, Lnnisiana.— It the we.'k, has rained on Ave day* of and forly hun- rea-hinsc three inches tiiermoiueter lias iivera^ed 63. tlio riiiif.-U Tne dreillhi. S'ir-oii> irt, /^)'<(«Ji'»'i.— T.'ln;?ratn not received. Ctlitn'>-ii, Misniisi/ipi.—Vfahiwe ha I raia on four day.^ of thj vveeV, the raiiifill rewhla^ ^iv^n iinhji ill t-vj h'j iPla'Uina; propiraUorn are eKteuily biok^.ir I, Tiie drelths. therm>in>'er hi^ raiiuiel frotn3) lo75 av Ta^inj; 51. Darin.? vn;h the rainfall reacheJ ni.ie iachej and the monih of M forty-oii;ht hundredths. Leland. .tf/sv/sv/ppi.—Telegram not received. Rode Arlcaiiiai. — Velef(ra'n not received. Heleni, Arlcan1^^>.— It has rainmi on five days of the week, the rainfall reachinsf two inches and ninety-one hundredths. Killfng fro^t on two nights. There are indications of overflowon the l.wlands. The therminieter has averaged 4S, tlie highest bt'ins; (iS and the lowest 30. Memphis, I'enwisiiee.— It ha-s rained on six days of the week, tlie rainfall reaching two inches and fifty-nine hundredths. Corn plantinjj has made (rood progress. The thermometer has riinged from 33 to 67>5. It rained on eleven days in March, anrl the rainfall reached three inches. Tlio thermomtter averaged 49, the highest being 81 and the lowest La-t week we had no rain and good progress was made 27. with farm work. Average thermomtter 57, highest 79 and JyUtle lowest 3(J. Tenne.wee.— We have had rain on six days of the week, the rainfall reaching four inches and nine hundredths. Tlie thermometer has averaged 48, ranging from 33 Na.ihoille, to 01. Shlpinrnit IKU Tear rfrml OnnH-^ 43 to 73. I flrrnf „..,.., ' OohHI IMS . rsAaa. M$ettpU, I _ Tnin. TUtt I Tear. ' 9:*- 1,000 J.OOO f.ooo 17,000 i ?.7I.0f0 •/in.ooo 44)I.OOO '.OfiO 522,000 -',000 ^000 Aooording to the foregoing, B<mii>ay appears to ahOw an Increase compared with lant year in the week's reoolptBiof 12,U0(: hales, and a dearease in shipments of 18,000 bales, and the shipments since January 1 she wan fnoreojts of 88,000 b«lea. The movement at Calcutta, Madras and other India porta for the last reported week and since the Ist of January, for two years, has been as follows. "Other ports" cover Ceylon, Tuticorin, Kurrachee and Coconada. Bhijymtnli for Ihe week. Sreat Continent. Britain. Oaloatta— 1886 188S 6,000 OUpmemti ttnet Jmnuuy t. | Oreai Britain. ^OonHnent.] 26,000 30,200 .1,000 1,000 •.?,0>)0 1886 1885 otbers— 1886 1885 1 I Total. »,000 TokU. 17,000 8,800 42,000 ap,ooo 20,000 18,500 12,000 6,600 32,000 £2,000 47,000 4H.700 29.000 16,300 76,000 6.%0OO Madras— 2,000 4,000 '4(000 All 1,000 600 5,000 3.000 l.fiOO 1,500 aU- 1886 IS't'S 5,000 4,- 00 The above totals for the week show that the movement from he ports other than Bombay is 500 bales mcrt than same sveek last year. For the whole of India, therefore, the total shipments since January 1, 1886, and for the corresponding periods of the two previous years, are as follows: BXPORTS TO EBROPB FROM AU, INDIA. 1886. Shipments Europe from — to all Sombay — nmntmm voa rooa BMpmtnlt Mne* Jan. aito | itfflU. — — wwt ' rotil Mobile, Alabama.— It has been showery on two days and has rained severely on three days, but as the week closes the weather lia.s turned favorable. The rainfall reached seven inches and ninety-nine hundredths. It is claimed that much damage h:vs been done by overflow. Planting delayed. Average thermometer 60, highest 69 and lowest 40. During the month of llarch the rainfall reached fourteen inches and sixty-two hundredths, Montgomery, Alabama. Telegram nrt received. Selma, Alabama. It has rained constantly on two days of the week, the rainfall reaching eight inches and twenty-five hundredths. The thermometer has averaged 61, ranging from 439 aoMBAr taouim 1885. 1884. Thie week. Since Jan. I. Thi$ week. Jan. 16,000 5,000 337,000 76,000 31.000 4,500 249.000 65,000 ThU Sine* 1. week. 69.0001 Binee Jan. \. Auburn, Alabama. There has been too much rain. We Ill otber ports. 5.000 110,000 have had an unusually severe storm on four days, but as the Total 21.000 413.000 38,500 314,000 74,000 556,000 week closes there is a favorable change in the weather. We have had killing frost but no serious damage done. The Alexandria Receipts and Shipments.— Through arrangethermometer has ranged from 36 to 71, averaging 58, and the ments we have made with Messrs. Davies, Benaclu & Co., of rainfall reached five inches and ninety-one hundredths. Liverpool and Alexandria, we now receive a weekly cable of Madiion, Florida. Telegram not received. the movements of cotton at Alexandria, Egypt. The following Macon, Georgia. It has rained severely on three days of are the receipts and shipments for the past week and for the the week. Planted lands have been badly washed, and the oorresponding week of the previous two years. water courses are higher than ever before known. Alexandria, Egypt, Columbus, Ueoryia. It has rained severely on two days of 1881-35. 1885-86. 1883-84. March 31. the week, the rainfall reaching five inches and twenty-four hundredths. The thermometer has averaged 56, the highest Beoelpta (oantars*)— being 63 and the lowest 43. Rainfall during the month of 4,000 34,000 TUB week i2.etoo 2,907,000 3,304,000 Since Sept. 1 2,CO9,Q0O March ten inches and ninety-one hundredths. Savannah, Georgia. We have had rain on four days of Ihie Since ThU Since Thie Since week. Sept. 1. week. Sept. 1. vieek. Sept. 1. the week, the rainfall reaching forty-one hundredths of an inch. The thermometer has ranged from 47 to 77, averExports (bales)— aging 65. l.OCO 281.000 4.000225,000 4.000 211,000 To Liverpool . .... 5,000 138,000 1,000 154,000 Augusta. Georgia. We had heavy rain on three days in 2,000j 112,000 To C!ontlnent .... the early part of the week, but the latter portion has been 9.000 349,000 2.000 435.000 6.000 337.00O Total Europe clear and pleasant. The rainfall reached five inches and fiftyA cautar U 9» We. eight iiundredths. The rivers have been very high and there This statement shows that the receipts for the week ending is a general inundation of low lands in this section. The thermometer has averaged 59, ranging from 37 to 83. During tlie March 31 were 4,000 cantars and the shipments to all Europe month of March the rainfall reached seven inches and forty- 9,000 bales. * two hundredths. Overland Movement, &c., to April 1.—In our editorial Atlanta, Georgia. Telegram not received. columns to-day will be found our regular statement of overAlbany, Georgia.— Riin fell on four days in the early part exports, spinners' takings, &c., of the vvtek. but the latter portion has been clear and pleasant. land movement, receipts, The rainfall reached one inch and ninety-five hundredths. brought down to April 1. The thermometer has average i 63, the highest being 80 and Norfolk's Bank Failure.— A correspondent at Norfolk, the lowest 39. Va., writes us as follows under date of April 1 Charleston, South Carolina. It his rained on four days "Referring to your valued issue of April 4, 1885, Vol. 40, 2d of the week, the rainfall reaching seventy-one hundredths of an inch. The thermometer has averaged"6Lt, ranging from 43 col., page 404, speaking of the 'collapse' of the Exchange National, I am gratified to be able to inform you that our comStatebnrg, South Carolina.— It has rained lightly on one munity has in a great measure recovered from that severe day and heavily on two days, the storm of Wednesday morn- experience, and confidence is quite fully restored. Our receipts acknowledged short crops in North ing being unusually severe. The rainfall reached three of cotton, considering the Carolinas, are about 500,000 bales—a very fair comand South inches and sixty-six hundredths. The thermometer has parison indeed, all things considered. ranged from 40 to 77, averaging 59-7. " While our direct exports are not so great as last vear, yet Wilson, North Caroiuia.— Telegram not received. The following statement we have also received by telegraph, my record shows that 97,070 bales have been shipi)ea abroad showing the height of the rivers at the points named at 3 o'clock on through bills of lading, via Boston, New York, Philadelphia and Baltimore; these shipments do not appear to the credit April 1, 1886, and April 2. 1885. of our exports, being counted as exports at the port where — 44<!,00O — — 1 — — — — Ayr. Hew Feel. Orleang* Memphis NanhvlUe ohreveport Vlckahurg * Al)ove low-water mark. Above low-water mark. Above low-water luaik. Above low-water-iuark. Above low-w»tiT-ni»rk fl , '86. Inch. *. 27 40 4 16 2a 1 1 cleared. Apr. 2 Feel. 3 17 7 ia 31 Inch 1 2 4 Now mark reported above low-war^r mark, tusCead ot Ooluw luisa-waic* as prior to October 30, 1885. India C!otton Movement from all Ports.— The receipts and shipments of cotton at Bombay have been as follows for the week and year, bringing the figures down to April 1, " In conversation with the Manager of our Clearing House morning, he said fully ' f 600,000 banking capital had been invested here and in Portsmoth since April la^t, and that real estate was commanding full figures, with fair Inqniry. Considerable building is going on, and our transportation lines are steadily adding to their equipment. " From the foregoing short summary you will readUy see that Norfolk's business interests are steadily improving, and that our disastrous financial experience of April, 1885, has been in a great meisure overcome and ths confi Unce of out people fully restored." this . . THE CHRONICLE. 440 — East India Crop. In their cotton report, dated Bombay, February 26, Messrs. Wallace & Co. remarked Receipts of cottou continue to show an increase over last year's figures. This was expected, however, as this year's Oomrawutcee crop, : which the bullc of arrivals consists, isi larger thaa last year. Small Broach and Dholleras have also come to hand. The former is of of lots of better color, being whiter, with almost total absence of a yellowish tinge, than has been obtained for many years; but as usual in rtrst ariivals, is a little deficient in staple. The DhoUeras are satisfactory, both as regards appearance and staple, and large supplies are expected this season. Eespecting exports from January 1 to June 30, the general opinion here favors about 900.000 bales, but with some improvement in prices, this figure would no doubt be exceeded. From Messrs. Gadduni, Bythell Co.'s report of like date, & we have the following The shipments to Europe : this week have been on a comparatively week for " February large scale, in consequence of this being the last shipment:" and although our receipts amount to 50,698 bales, or 10,500 bales more than last week, the stocks of cotton here actually show a decrease compared with this day week. The depressed state of the European and American markets, combined with the absence of demand here, has, howevtr, caused holders to oe more anxious te jiart wi'h their stocks, and there are now willing sellers of nearly all descriptions of cotton, both ready and forward, at a reduction of iisd. to «%-3d. per lb. from our last quotations, but there have been very few purchases made during the week, most of the cotton exported this week having been either bought up-country for shipment or been received against previous contracts. Receipts in the Oomra and Dhollera districts show hardly any increase compared with last week, the harvesting of the wheat and seed crops having retarded supplies; but larger receipts are expected about a fortnight hence. The ciuality of the cotton received at the Oomra markets continues to improve, and all grades are now procurable in rair quantity, from " fully-good fair " up to ' fully-good." Broach ie coming in more freely, 5.016 bales of this growth having been received here this week, and the quality continues satisfactory. Favorable accounts have been received from the DharWar, Western and "Tinnevelly districts, and large crops are still anticipated. [Vol. XLII. This statement shows that the receipts since Sept. 1 up to to-night are now 376,639 bales more than tboy were to the same day of the month in 1885 and 244,365 bales more than they were to the same day of the month in 1884. add to the table the percentages of total port receipts which had been received to April 3 in each of the years named. We Jute Butts, Bagging, &c.— There has been a moderate for bagging since our last, aad considerable stock baa been taken for consumption. Buyers are looking round for any cheap parcels that may be offered, but there is not much call to accept less disposition been sales of some 7,000 than quoted The Exports of Cotton from New York this week show an compared with last week, the total reaching 9,190 bales, against 8,488 bales last week. Below give our usual table, sho-wing the exports of cotton from York, and their increase we New direction, for each of the last four weeks; also the total exports and directions since September 1 , 1885, and in the last column the total for the same period of the previous year. Exports of CoTroK<B.<.LB») yaoH Naw York siwcb Sept. 1, 1885. Comparative Port Receipts and Daily Crop Movement. —A comparison of the port movement by weeks not accurate as the weeks in different years do not end on the same day of the month. We have consequently added to our other standing tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relative movement for the years named. The movement since September 1, 1885, and in previous years, has been as follows. Tear Beginning September MontMv Beceiptt. 1885. 1884. 1883. 1882. Bept'mb'i 383,642 345,443 343,812 326,636 October. 1,055,524 1,090,383 1,046,092 980,584 ovemb'j 1,033,552 1,122,164 1,030,380 1,094,697 Deoemb'i 1,069,920 1,104,211 1,059,653 1,112,536 January 543,393 475,75'; 487,729 752,827 February 414,656 261,44! 385,939 595,59f March... 283,645 163,503 241,514 482,772 "Week 11. Tot.Fb.28 Mch.l.... " 2.... " " 3.... " " 6.... " " 7.... " " " ,552,687 8,473 13,276 9,250 8,514 15,102 5,792 4.... 6.... B. 8." 13,081 12,745 7,939 8,352 14,220 8,790 9.... 10.... 11.... " 12... •' 13.... " U.... " 15.... " 8. 11,491 9.622 8,165 7,108 12.567 8,330 16.... « 17.... " 18.... •• 19.... " SO.... "21.... "22.... " 23.... " 24.... "25.... " 26.... •• 8. 12,926 12,023 8,755 6,857 15,437 10,538 27.... " 28... 8. " 29.... •• 30.... •' 31.... 15,305 11,811 1,176 4, 399,411 8. 10,707 10,336 6,318 7,118 12,98( 6,929 8. 11,436 5.139 5,009 4,891 10,177 5,207 8. 8,898 6,173 2,487 3,338 7,782 3,801 8. 3,538 5,382 4,840 5,930 5,299 3,177 8. 4,030 4,531 Tot.Mr.31 4,836,332 4,562,914 Apr. 1... 4,499 5,030 " 2... 9,766 5,994 Total ,353,604 11,840 8. 11,144 11,606 8,443 7,494 18,193 8,128 8. 8.342 8,610 7,207 19,724 11,589 4,568 8. 7,958 8,358 4,946 6,917 9.888 8,795 8. 8,923 7,437 5,657 6,556 16,643 4,872 8. 7,676 B. 26,858 22,876 16.430 13,081 25,693 13,932 B. 19,421 16,729 24,551 12,952 23,596 12,548 8. 15,988 17,877 18,444 12,175 28,050 10,001 1881. 777 463 540 CotaltoObgat Britain 14,575 6,661 6,64S 5,935 318,243 319,494 Havre Other Frenohporta C02 446 730 20 27.423 31,436 400 700 1,587 lOTAL FRBNOH 602 446 730 420 28,123 33,023 Bremen 593 l,2n0 Otherports. 2,178 606 260 550 300 516 ... 266 970 24,842 43,599 58,547 24,657 38,174 52,582 429,777 458,478 853,195 968,31S 974,041 1,006,501 996,807 1,020,802 487,727 571,701 291,99C 572,728 257,09r 476,582 1E81-82 6,519 7,625 10,803 6,913 8. 13,485 8,582 11,056 6,673 12,033 5,009 8. 10,207 10,900 1C,289 7,077 13,072 9,411 8. 8. 13,242 8,840 10,090 8,894 11,439 9,262 15,605 12,970 11,244 15,087 22,089 15,888 9,391 10,800 7,763 7,058 9,761 B. 1880-31. ,598,528 20,473 12,465 16,505 22,115 21,006 8. 23,948 21,435 18.576 19,011 28,130 17,256 8. 25,282 19,161 13.192 14,900 18.406 15,917 8. 17,571 13,407 8,052 22,353 16.390 12,074 8. 17,355 13,286 10,111 10,169 ,595,118 5,345,670 4,290,640 5,075,110 6,344 B. 6,612 15.516 5,770 8,096 B. 10,903 4,850,597 4,573,958 4,606,232 5,353,766 4,297,252 5,101,529 95-96 94-97 88-94 6.108 1880. Fwoentage of total port reo'pta Apr. 2 1. 5,955 2=1.251319,223 36,9-J2! 30,271 6,190 1. .,862,898 4,033,541 14,588 24,228 19,886 25. 13,798 Hamburg 91-02 86-84 ),15o 1.149 TOTALTO North. Europe 3,414 2,399 1,110 2,815 126,988 115,413 Spain, Op'rto,Qlbralt'r,&c A.11 other Total Bpaih, &c . "356 "149 350 149 week, and since September 1882-83. 18. Total period since Iprevi'ut Sept. 1. year. Liverpool OtherBrttlsb ports. This statement shows that up to Moh. 31 the receipts at the ports this year were 373,418 bales more than in 1884-85 and 241,314 bales more than at the same time in 1883-84. By adding to the above totals to March 81 the daily receipts since that time, we shall be able to reach an exact comparison of the movement for the different years. • 1883-84. Same March April ilarch March Grand Total 1884-85. ending— I Exporled to— is Total 4,836,332 4,562,914 4,595,118 5,345,670 4,290,640 5,07.5,110 Pero'tage of tot. port receipts Mch. 31.. 95-51 94-73 88-80 90-89 86- iO 1885-86. There have figures. various grades, at 6'4'c. for iy2. lb., 6;»^c. for 1% Iba., TJ^c. for 2 lb. and 8,14'c. for standard grades, and these figures will still buy, though some dealers are asking a fraction more. Butts are ojly called for in a small way, and the market is rather easy. For paper grades the quotations are l:'-.i@ljgc., with the lower price accepted for 500 bales. Baggiug is about as last, 3@3,'4C. The stock on spot is 44,000 bales, which with 251,357 bales on the way, give a visible supply of 895,357 bales, against 337,9C4 bales the same time last year. rolls, 18.8411 9,655' 8,438 3.402 12,979 2,588 9,784 16,381 12,372 9,190 489,735 510,302 The Following are the Gross Receipts of Cotton at New York, Boston, Philadelphia and Baltimore for the pa8t 1, 1885. Nkw York. Philadklph'a Baltimorx. BeeeipU ' from— New Sept. 1. 6,e05 Orleans. Texas Savannah. Since Thit week. 6.094 2,830 .. 224.761 293.765 192,783 Mobile 7 Florida 8,718 800 21.461 Virginia 2,052 158,641 624 316 Foreign Since Sept. 1. Thi» meek. Since Sept. 1. i ! TM» week. I Since Sept. 1. 10.408 13,878' 1.050 56,576 1,848 3,048 ie,4l-J 80. Carolina. No. Carolina.. North'n ports Tennes9ee,&c Thi» week. 11,219 1.545 40,631 5,523 15,585 6,705 1,200 5S,915 51,602 1,-298 4.379 60,707 50,047 3,709 79,101 146 13,403 2,027 71,866 39,722 35,061 2,013 This year.. 28,152 1,083,905 11,895 330.148 456 Last yoar.- 12.tt5.' 1,0,^4,116 3,443 344.038 3.flS7 104.583 4.218 174,472 759 188.814 86,5501 — Shipping News. The exports of cotton from the United atetes the past week, as per latest mail returns, have reached So far as the Southern ports are concerned, these 63,846 bales. are the same exports reported by telegraph, and published in With regard to New York we the Chronicle last Friday. Include the manifests of all vessels cleared up to Thursday night of this week. Total bale*. Liverpool, per steamers City of Chicago. 1 ,464 Republic. 797 Servla, 1,796 Spain 1,660 5,955 Skw York—To Nevada. 238 To Havre, per steamer Amerique, 20 To Bordeaux, per steamer Chateau Latlte, 400 To Bremen, per Btcamer Main, 516 To Hamburg, per steamers Khaetla, 1,000 Suevia, 50 Wandrahm, 100 To Antwerp, per steamer Waesland, 799 To Copenhagen, per steamer Gelser. 100 To Croustiiilt, iier steamer Crystal. 250 SBW ORLEANS—To Liverpool, per steamers Callfornian. '.i!.595 -. 20 400 516 1.150 799 100 250 ....taribbean, 2,474. ...Guido. 7,281.. ..Norfolk, 3,234.... San Juan, 5,li()2 Elise, 3.204 To Havre, per ships Arklow, 5,316 To Reval, per bark Marts August, 1.973 bark Trieste, per Orsola, To 4 80 Savannah- To Cronstadt, per nark Julie. 2,900 Upland Oharleston- To Liverpool, per bark Scolla, 2,523 Upland Galveston—To Liverpool, per barks J. H. McLaren, '2,I>07 Merse.v. 2,230 Norfolk— To Queen of the Fleet, 4.589 Balti.more— To Antwerp, per steamer City of Truro. 650 KanBoston— To Liverpool, per steamers Catalonia, 3,542 sas, Liverpool, per bark 2,320 To Halifax, per steamer Linn O'Deo, 205 To Yarmouth, per steamer Dominion, 69 Total „ - 20,646 8.520 1.973 480 2.900 2.525 4,737 4,589 650 5,86-2 '205 69 62,346 — Apbu. , a . : . THE CHRONIOLR 8, 1886.] The partloulan of these ahipmenta, arranged In our usual form, are aa foUowH: .1 Harre Brtmen Livtr- S.KAS 42) N. Orlesna. 20,046 SAVUIMUth,. 8,920 York. Oalviwum Ham- <t burg, l.OUd ileimx. pool, New Bor- it nlierrp anil Keval li Genoa Ilalifax Co/ien- Oronand li Tarhaiien. tladt. Tri.ttt. mouth. ToUU. 8B9 240 2,825 4,737 4,580 , Norfolk.... Baltimore.. 660 Boston 6^0 274 6,136 274 62,310 5,S62 ToUl... 44.3U 8.910 1,519 l.OOli 480 5,123 Below w^e add the clearances this week of yessels carrying cotton from United States ports, brinj<ing our data down to the latest dates: Gai.vkston-Foi- Mvcrpool— Mftrch 27— Bark Roma, 1,937. Kew Oki.kans— For LlTornool Marcli 20— Steamer Nnsmyth, 2,817 • 29— Stoaiiior Murcli . For Antwerp— March 23— Steamer Zeeland, 53. Below we give all news received to date of disasters to vessels carrying cotton from United States ports, &c. Darlington, rteamer (Br.), before reported. The steamer Trinidad, which arrived at Now York from Hcriniida, March 2.5. brouglit 100 bales of cotton ex wiecked steamer Darlington. The steamship Benhope will take cargo for the Darlington. Bebtiia. balk ((Jer.). Koster. from New Orleans, Jan. 29, for Bremen, wa< seen March 9, hit. 20 N.. Ion. 51 30 W., with loss of fore and main masts. She had Jurymasts rigged, and was heading for the ^'^ <•" »*»«'» 'n pone* and .Gr^f** aS-MA. and S 01 nuant 5 l-04(f. «ai. Mch. 0|Mn Bith March E. T, G.. bark (Br)— A Board of Survey. held Slarch 20, on bark E. T. G., before reported on Arc at New Orleans, reported that little damage was sustained by the vessel. The bark ha't seven feet of water in her lower hold, which was pumped out by the crew. Her damajted cargo of cotton was discharged at New Orleans, and on March 27 commenced reloading for Liverpool. Ligbtning struuk the E. T. (4. again on the 2ytb, and the Are was extinguished by the captain without damage. Cotton freights the past week have been as follows: Satur. JTon. Tut*. Wednet. Thurg. Fri »«« »a ».4 964 »64 964 •« ..*• .--. "ss 1>39 "sa d. BaU...d. Havre, steam e. "32 -.-, .--, 1'S3 "32 e. .—• ..-, .... .-.. — Bremen, steam. .e. "sa 'isa »32 "32 "32 "32 ..-. . ... ... Do gall Do eaU....c. .... .— Hamburg, steam.o. »32«i>ie »32»'l8 Do sall....e. Amst'd'm, steani.e. Do 8all...o. .... 32 Beva), steam.. ..(f. Do sail Genoa, steam c. Trieste, steam... e. * 32V Per 100 32V 32Jfl* 321a' ...a ••• .... .... 's» ^38 ^3S '32 ^32 H H '16'»''S2 "4 8iea''33 8f< 321a* 732 .... .--. Antwerp, steam. .e. .... .... -* c. Baroelona.stoam.e. — . ^^16 »32®''l6 932«'*16 9323^10 ^3fl ... V »iea»8 9l6®=8 '18*732 ^10^'' 9l6®»8 Olea^i 3i6l»732 'l6®'32 H ^ "4 M H 9<.4 »U 9*4 964 964 lbs. — Liverpool. By cable from Liverpool, we have the following statement of the week's sales, stocks, &c., at that port. We add previous weeks for comparison. March 12 March Bales of the week bales. Of which exporters took Of which speculators took.. Sales American Actual e.^port Forwarded Total stock— Estimated Of wnich American— Estlm'd Total impiTt of the week Of which American Amonnt ......... 60.000 3.000 4,000 48,000 2,000 11,000 671,00t> 495,000 42,000 38.0011 ..lloat 20S.0O( Of which American 196.000 The tone 19. JlforcA 26. 62,000 2,000 3,000 53,000 4,000 9.000 677,000 492,000 73,000 57,000 262,000 194.000 66,000 2,0C0 5,000 51,000 April 2 57,OtJ0 3.000 4,000 4i,000 4.000 6,000 12,000 710,000 522.000 106,000 88,000 238,000 144.000 18,000 713,000 627,000 77,000 61,000 209.0CO 126 0«o Uverpool market for spots and futures each day of the week ending Aprils, and the daily closing prices Of spot cotton, have been as follows: of the Saturday Monday. TuMday, Bpot. ITednct, TAurtd'y. Market, it, ( 12:30 p..u.\ Quiet. BtesdT. Dull. Steady. Hid. Upl'ds 4l6,a 4Hiie 5 5 4"l6 ICld.Orl'ns. 4l6i9 6 5 3>16 7.000 1,000 10,000 2,000 7,000 Dnil. Bteadr. Sales Byec.&exp. Market, 5 p. M. < 5 500 10,000 2,000 Quiet at 1-<M de- FrtdO: Good Fully Inquiry. malnt'ncd 12.000 2.500 5 5I|6 10,000 1,000 i. 4 87 4 87 4 87 4 67 4&7 487 4 57 4 57 4 57 487 4 67 4&tt 4S9 490 489 ids 4 62 4BS 4(tt BOO 800 600 600 SOS 3 08 8 03 603 t04 804 604 6 04 Aprtl-May.. May^une... 8opt-Oet.... 8 01 The opening, Easy. Bareir steady. highest, lowest Jjiverpool for each day of the 8 01 8 01 5 01 M. mmk* 4 aS TSM., Mch. a*. OPM Low. Olm. 4. 468 468 488 488 *M 460 460 4«S 488 6 01 SOI 604 604 805 608 502 soa 4U Wednss., Mch. 3t. d.' 4 67 4 61 4 67 604 487 467 469 461 600 608 804 8 01 6 01 iK 480 4a« BOO 8 03 Lorn. OlM. 4. 4 466 46« 466 468 480 48S 4. d. 4«« 4Mi4ea 468 4M 4B6 488 488 4ftS 468[488 488 4 81 4 81 480 48a 483 488 801 B02 BOI BOS BOS BOS 600 BOO 600 l-«4 ad- Qoiet. vance. Steady. and closing pnoee of futures at week are given below. These FrI., OIOI. Opan BUh Zmo. Olot. d. d. d. d. d. d. d. 4 87 4 68 April April-May.. May-Jooe... Jane-July.. July-Aug... Aug.-Sopt .. September.. d. 487 488 487 488 4 57 4 68 4 60 480 480 4 60 4 82 488 4 62 4 63 800 5 01 6 00 8 01 8 03 SOS 6 03 SOS 804 8 05 504 5 08 Sept.-Oct... 8 01 Oot.-NOT.... 4 62 BOI BOS BOO 8 02 4 62 6 01 4 62 5 02 4 62 0pm BWk d. 460 480 48» 489 460 460 480 489 4 62 4 62 4 62 462 5 01 6 01 800 600 803 6 03 5 02 608 5 06 5 06 5 07 6 04 6 04 6 01 6 05 Apr. IMD. out. d. 4. 4. 460 460 469 600 808 4IM 480 480 480 6 06 8 08 8 09 6 01 6 01 806 5 0.1 803 8 08 608 460 460 46S 500 502 60S SOS soe 6 01 6 01 5 05 607 606 608 603 SOS 5 01 600 600 !l. 4 82 4 82 800 800 60S 802 5 05 BREADSTUFFS. FiilUAT, F. H., April 2. 1880. The heavy rains streams, and there in the Northwest have swollen the mill- is, in consequence, a large increase in tha production of flour and meal in that section, promising an early increase in supplies at the seaboard, and a natural desire to effect prompt sales and keep 8tock^ low. At the same time the weather has been unfavorable to trade. Piices have therefore in soma cases favored buyers, but there has been much irregularity. The close is quiet. The wheat market has been quite unsettled. The speculation in futures was moderately active most of the time, but the mirket lacked exciting or dominating influence. The most important feature of the week's operations was the large business on Tuesday in spring wheat for export and home milling about 250,000 bush, having been purchased on that day and on the previous evening. This gave an impulss to the speculation for the rise, but as the foreign market continued spiritless and supplies showed little diminution, the movement was not sustained, and values fell off. Tlie reports of the war-like attitude of Greece caused renewed strength, especially this morning but more peaceful advices caused a — ; weak closing, OAILT OLOSIKO PBICGS OF NO. 2 BGD WINTEB WHEAT. Wed. Thuri. Man. Tuet. Fri. Sat. 93 >3 In elevator 93 >« 94 U3 93 93i>8 9278 Anril deUvery 93 92\ 92^ O'A^ — 5fay delivery 94^8 Jane deUvery 9'i July delivery 95's August delivery December delivery SB's 945R 9438 93% 95 9438 9438 91^8 go's 95!>s 94% 94^ 9.M8 9319 100^ 9j>3 100% 93=8 94'» 9338 94 Vt 94 Tg 91% 94'a 94 la 99% 99>a Indian corn has been somewhat depressed by the free offerings and the coraparitively small export movement. This is prompt and early delivery. The somewhat steadier. Today there was no important change, and but little interest was shown in especially true of pircels for distant futures have been the market. OAILT CLOSINO PBICSS OF SO. 2 MIXED UOBS. Sat. Jfon. 46 '4 In clcviilor. A I Ki- -ry AUKUiit delivery 46 »4 47 ig 4818 47 4738 47 "4 Tuet. 46^4 Wtd. Thurs. Fri. 46>4 ten 46^8 47I4 4738 iOH 46% 46 46 «4 46 4«7, 47-8 48«4 4'J's 47 .... 4STg 47', Ojts have been fairly active, but at prices which show unusually wide fluctuations. A decline was followed by the renewal, to a fair extent, of purchases for export, which gave holders more confidence, and to-day there was a smart advance in both spots and future. DAILY OLOSINO PBICBS OF HO. 2 OAT8. April delivery Maydallvery Juno delivery Baroly steady. Thnrs., Apr. I. Optl aui\ Low. Sal. Firm at Steady. cline. Quiet. auu. Optn *. fSitiirct. Market, >t. 12:3»p, Lmc il. March-Apr. 4BT Jan»-Jaly.. July-Aug... AuK.-Bept.. September.. n«B.. Moh. !ir. a. Azores. Isle of Jane (Br.), at Nassau, on March 23, was loading cotton ex wrecked bark Cyclone, for New York. She would take about 600 bales, wot and dry. Do Mlhi, Ihmi 4 Ctclonk, bark.— Schooner Uverpool, steam Middling clause, nnlMS otherwise stated. Marcli 30,— Bark Bobus, FlorlUiaii, For Havre-March 26 -Sbip Scotia. 2,918. For Bremen— Miircli 27— Steamer Chancellor, 4.579. For Bareelonn— .'tliinli 21)— Steamer Cristobal Colon. 4,459. eAVANSAii— For Bremen— .March 27— Steamer West Cumberland, 3,704. HoHFoi.K— For Liverpool- March 'J7— Steamer Satiirntnn, 5,643. Bai.timoki;— For Liverpool— ,MHrch 26— Steamer Mcntmore, 2,596. Piiii.Ai>Bi.i'MIA— For Liverpool— March 23— Steamer Illinois, 1,590 March 30— Steamer Lord March iO- Steamer British Princess, 1,062 OouKta, Low prloM are on the basis of Uplands, 0,190 31.010 2.900 2,525 4,787 4,589 480 1,973 2,900 441 Bo's 3608 3608 iron. TlUM. Wtd. 7%urt. FrI. 36% 36% 3t,H 36% 36% 86% 3a % 36>t 36% 36% 36 >4 36% demand and is steady. Barley is 36>a 3610 36<« Rye has met with a fair Mixed and inferior parcels have been closing out at low and irregular prices, and the season draws to a close unsettled. - . - .. " THE CHRONICLE. 412 Barley malt shows more steadiness in the hands of maltsters, but parcels coming forward on consignment find a slow market. The following are the closing quotations: 303 3 20 Bonth'ncom. ftxtrag.. 3 609 4 00 $J 00 » 3 50 2 75a 3 nO Southern supers Baperflne Spring wheat extras. 3 20® 3 83 Southern OaKers'and 4 159 5 00 family brands Minn clear au'lBtra't. 4 loa 5 10 Winter ahlpp'.^ e-ttras. 8 35» 4 00 Bye flour, superllne.. 3 209 3 45 Winter XX cb XXX.. 4 159 5 15 Corn meal 2 40 9 2 80 4 .509 5 50 Western, &o Patents Brandy wine, *o.... 2 80 9 2 85 3 609 5 00 City BWpptugex 9\>hl. $2 Fine R/e—Western 9102 State and Canada... 94 9 95 Oats— Mixed White 93 9 94k Wheat 85 Bprlng,per bngli. BprlngNo.2 Bed winter, N o. 2 Bed winter 80 85 43 46 44 Whit* Com—West, mixed West. mix. No. 2. West, white West, vellow White Southern.. t 91 No. 2 mixed No. 2 white 111 98 48 61 9 64 9 35 9 39 » 36389 40 9 Bils.iaeibs Chicago Milwaukee... Toledo Detroit Cleveland . 6t. Louis. Sush.60ns Buth.SaWs 05.68S b7,230 4,534 2,a33 3,358 10,094 1,223 . ... Pooria 146,779 65,052 3 1.5 JO 2s,932 7.930 Duluth 11.813 14.100 78.<il9 6.230 131,930 Same wk. 144.643 '64 1.371.924 b03.5S8 4U3.B54 3.114.801 633.005 892.481 2.010.855 1,309,999 7,913 23.510 1888-88. ,. 5.058.112 .. 6.S91.20(< 47,008.975 86.819,906 0,3»S,810 . 13.800 6.500 339.352 335.391 284,464 Eichm'd Wheat Com ias5. .. 41.433.0:7 18.137.35; 2,434.485 41.5J0.417 14.81b.871 4,0^5.456 15.216,383 6,074 801 I88S-34 2,28j,130 188.-S3. 2,705,192 16.998,3!»5 5,037,8"i2 25,7S.^,337 9.765.679 3.321.623 404,872 10,321,710 1,959,28J 516,131 4.955,913 20,842 017 9,155.580 1,777.0J2 826,718 22.413 035 9.916.230 3,518,176 545.826 33.759,212 43,624,319 37,557,325 41,619,660 bush. 3,268.641 Eye Total grain.... Below are the rail 5,-J2'!.387 shipments from Western lake and riv.-i ports for four years: 1886. 1884. Week Mar. 29. .bblB. 169.312 215,151 223,308 214,605 .baflh. :2ia,U26 215,026 420.715 420,715 846.210 846,210 1,806,326 l,6ri3,23J 869,139 l,l8i,S8^ 1 i8,025 116,797 36,869 157,583 245.170 4J9,547 6:14,109 Barley........ 266,595 32,829 Eye Total 1,618,166 3,301,274 endiyig - Flour, Wheat, bbls. Mar.27,'86 178.551 Mar.20,'86 204.868 Mar.l3,'86 211,117 Mar. 6,'86 lo3.028 4 w. Corn, bush bush. 215.0J6 647.115 214,699 865.630 261.849 1,521,942 231,204 2,221,854 Week Mar. SI 652,636 2.039,481 80,431 22,859 22,936 130,527 43,356 20,313 Wheal. Ftour. week to— 18?5 1836. Week, Mar. Bbls 27l61,236 ports for last four Bar lei, 103. 5Si 1.172 8,12 W. Indl.w 13.8 >6 5.)> Brit, col's Ol;h.o'n't8 4,52i 5,131 11.915 Total... 80.481 basii. bufih. WUk. 2;. Ifu)-. 28. Hii'h. 7i>5.868 8Si.4i;4 12,839 5.333 'v. n, 2.359 6.444 600 4,793 130.327 10,158 619,939 2,039,481 1,677,222 652,636 Wluat. Ilowr. Mar. 18S5-88. 1884-85. Aug. 23 (.0 Mar. 27. to AtlQ. 2i Mar. 28. Bbl: mir. '> trt 18S5-38 AUQ. 24 .4U9. 25(,(. Mar. 27. ' 1 1S84-81. Mar 28. 18S4-85. Aug.iSUt Mar. 28. ' 27. Hu>>l. 2.429,419 8.667,889 7.W4,029 17.842.497 24,53S.» '3 20.220.555 Condnent ... S. &C. Am... West Indies. 73.2:17 15,963.384 H.OJI.11,'4 8.0J4.976 2.95-1 43,344 71)1,H33 1,000 2i'2 14i B-it.Cil'nies 840,<03 257.3)2 441.903 499.183 340.229 4,17i*.413 5.53.H73 810,785 2 i 1. 398 49,-23 4911.406 Total 4,111 23 1B.2J9 49,3-.3 18,32,1 8.920.288 6.238.089 12.406.934 Oih. c 'UQtr's 61.428 3) 7 4 148| 23.071: 33,67S422 74.57? 29.513.017 89,722.138 The visible supply of grain, comprising the stocKs m granary at the principal points of accumulation at Latfe unA fi«a.lioard ports, and in transit by rail and water, March 37. 1H,S6 ; Jn store at— tfewYorK Do ailoat A. bany , l>0 afloat M'lwauttrte Do afliat Dalath Oo 2.022,026 2,456.733 131,000 1,501.3.0 149,090 271.228 429.-93 63-.3i3 liaoiauatl iston T irout)> B Montreal -07,!*62 36,98.1 Panl..... Down Mississippi 56.000 4,973 8.2 '0 16.6,Jj 500,482 230 403 23.6)0 13 1<.6,035 H2 859 16 8', 5 23 5,700 569 9.6 o 16. 09 191.416 20.000 2,011.483 40.000 173,551 67 2.30) 169.5.0 125.516 293.996 47.650 173.924 11 15.0. 1- l.-48,331 1.378 520, ^66 S.3t/0 63.=., 7 3.632 57.003 48,769 75,0' 2,971 3t. 75.300 56.500 83,00) 113.7.39 63:. .'117 Piiiladelphla 38,'r.5 bush. 12,1.731 80.-i21 853.308 124..021 afloat. ijDUlS Barley baSh. bush. bush. 4,260.692 260,400 494,500 •26,000 23.000 2,248,317 83,933 347.205 13.I)!I1.130 3,435,704 305.765 3,226,666 3.324.926 556 163,500 6.0)4,965 Toledo 3!.. OaU, Corn, Wheat, bush. 6,343.836 Birtalo 110 afloat iloaK" 23,410 32.829 n Binfi Bwt)>. Ua.Kin^zdom 266,^95 2tu,'9l 177,528 biish. " . '83 bbls. bush. IM85-86. 2,765,020 1884-8.5. 3.534,412 1883-44. 3,09^,344 188---33. 4,054,215 2.601,553 31.521.100 8.124,601 2,031,874 108,571 8.0^7.713 30.456.922 8.443,218 1.776.412 4.100.762 13.801,193 13,627..",99 4.ii46.404 6,167,7»0 1, '32. 343 1,332, S.'i3 262,810 679,205 247,437 Total grain.... 44,393,999 49,032,107 28,259,912 Eye Mar i^c5 1 k. Bush. B'fh 452.561 1,285.431 192.535 740,088 1 PMurla 269.461 298.437 1.S78.038 826,825 147.370 7.024 317.411 617,66i 2,8o4,ol8 90..14J 9tJ,So3 25.219 The total receipts at the same ports for the period from De. 21, 1885, to March 27, 1886, compare as follows for four years: garley We 8,5 9 234.-'29 77 33.6)0 39,137 1,050 7 «. 2 1,579.411 674,838 5,317,883 1,043,000 87;635 o6,000 25.417 152,766 3,792 85,900 147,500 760.564 Total weeic Corn gats li 6 By adding this week's movement to our previous rotals w e have the following statement of exports this season and last tudtanapoUs Kansas Oity Baltimore .... Minneapolis . . Wheat Bush. 386.38 J 266,250 Bbls. Tot Mar. 27. '86. 49,771.300 lot. Mar. 20. '86. 50.533. 463 T.t Mar. -'8. •-'5' 43,«'i0.972 Tot. Mar. 29, '81* 23.580,89-) Tot. Mar. 31, 83*22.631,615 '* ,. 25,00-i,509 46,981,203 545. eOi 1 039,704 577 2 1.0.^3.609 16.73.3,518 2.491, 4«9 bS'l.l.ii 1. -01.824 9,533.233 3.08.1.182 17,773,877 5.021, 4)3 2.24S'i04 1,317,340 17.733,'249 4,329,782 l,910,Bo3 1.489,870 16.797.073 2,580.929 • Minneapolis and St Paul not included. THE GOODS TRA3 D:iy .'. Flour Week. 44,261 6,357 l',4Sl OlWBRO 5.756.5612.933.912 872,877 131.8i)5 9,251,215 4,567.023 72l,2(-;2 179.7 il The receipts of flour and gram at the seaboard ports for the week ended March 27, 1886, follow: Ftour, Wheal, Corn, Oats, Barley, Sue. At— bbls. bush. bush. bush. bush. bush NewYork 94,111 58.300 343,3^0 473.100 106,165 5.1U4 Boston 84,020 49,747 233.864 184.633 9,825 45i) Portland Montreal 6.P90 26.475 600 3,350 1,470 FhUadelpUa... 22.797 93,000 92.400 109,i'00 23,2i>0 Baltimore 40,357 50,11:6 C;7,t50 1».'.76 6.180 Kichmond 3,620 14,639 26,107 27.729 New Orleans 17,566 150 501, i95 10,237 week the lidd Corn. 18H5. Week. Mar. 28 Mar. 27. 23. AC. Am an.KlnK. Contin'ut 8. 561,83;' 922, 778 <lw'ks'85.1,055.833 1.537, 537 Cor. 1886 Week. Mar. 27. l>ncrolt Oats, 690,134 745.047 771,294 732,4 i7 We Exports for l,l.iO,.i6S 153.5.8 43,174 3,972,211 The rail and lake shipments from same weeks were: Week l-fSi Week Mar. 2i. „ Wheat.. .,_.. Com.... „.,.. Oats 1885. Week Mar. 27. Flour..«. i;827 619.939 1,677,222 71,173 1884-35 3,097,233 Oats Barley 529 :::::: 54.299 The comparative shipments of flour and grain from the same March 27, 1886, inclusive, for foui ports from Dec. 21, 1885, to years, show as follows: 1885-36 Flour bblB. 2,301,861 366,421 301,546 . 23.013 67,939.499 44,220,'Sll 12,477 3,330 season: 1.100 «'<,900.171 59.231.189,' 84.803.23S Bash. 10,459 9.100 4.200 Since July 2« 1884-85. 2.3 >7 Bush VfontreHl. 1883-88. 59i3,45l' 26,320 Peas. P8,'J45 S. Orl'ns. 4U!J. 24 175.273 153.832 Tot., Baltim're 162,220 Tot. wk. '86 Same wk. 'S5 18fS-Sl. 137,Vo"i 77,4.50 .'•hllartel.. Bush. 12,067 200 10,592 Bbls. 4i;.0!8 Bye. Hi/e. 233.180 42.806 18,000 61,095 Boston. .. Portland N. News. Oats. The destination of these exports is as below. corresponding period of last year for comparison 418.191 2.823] Flour. Bush. Bush. 3-U.373 1,187,641 22,471 210 18.H21 63,342 77.000 New York Bmh.iaibsItuthSeib B<isli.32 Ibn 899.532 15,000 45,468 33,566 31.680 218.220 131,510 119,034; 41.0571 Barley. Oalt, Corn. 37=8 il'4 We Com. Wheal. from- Total w'k. BarleyA7^ Ungraded Canada.. 80 91 00 Barley Slalt- State... 72 9 85 43 Wheat. Exports 8'me time 44 Flour. The exports from the several seaboard ports for tHe week 37, 1886, are shown in the annexed statement: ending March 63 66 38 45 48 93 9110 City 49 53 Canada 90 910) 44 48 Western Yellow Bouthem. 65 9 83 The movement of breadstufls to marKet is indicated in the statements below, prepared by us from the figures of the Nen first give the receipts at Western York Produce Exchange. lake and river ports, arranged so as to present the comparative movement for the week ending March 27, 1886, and since July 26 for each of the last three years: BtaivU at— [Vou XLII. New York, Friday, P. M., April 2 Business in commission and importiag circlen l?86. 'vhs only moderate the past week, owing in a measure to tne .ontinuance of railroad labor troubles in the Southwest t.e greater part of the time, and because of floods and "w.i.>h outs" in b^'en a some sections of the South. There reported of tn« account on better feeling the past few days ' V^s, end Western and Southsettlement of the railr^'' has, western jobbers havea,'!). markets. The jobbing ti come howev-r, Ireer shippers to interior ade was adversely affected in the ) Apsil , THE CHRONICLE. 1880..! 3, ; ' 44^ InipertaUoBS of »rr <l«o4«« i*> \ht 'i-^\ week by heavy rainetorms, but since tixen the Importations of dry good* at this port for tfa« ««»k The propitious for the distriweather haa become spring-like and ending April (, 1886, and sinoe Jan. 1, and the samo facta for are again moving in fair bution of eeasonable goods, which fore pai of the t quantities, ' : though there lias beeiji a natural reaction from the the oorreepondln^ perioda are as follows: witnessed in this branch of the trade. The week was a peremptory auction sale of S.nOO pieces corkscrew worsted suitings, the production of the activity lately feature of the Woolen Company. The sale attract e J a large of buyers— mostly wholesale clothing manufaclur^rs —and the entire olleting was disposed of in very fehort time— The prices obtained were quite s itisfactory forty-six minutes. (though leaving a fcant margin of profit to the mili^), the Raritaii i company ^ - -J c: CD goods having brought within TJ^ per cent of the figures at which th-y could have been bought privately. The tone of the general market continues steady, but prints and print cloths are somewhat easier, and in buyers' favox. DoJiESTic Cotton Goods. The exports of cotton goods from this port for the week ending March 30 were 3,013 packages and the principal shipments were 517 packages to Brazil, 470 to Great Britain, 191 to Sinto Domingo, ISO to Mexico, 16) to British West Indies, 133 to U. S. of Colombia, etc. There was a fclightly improved demand for colored cottons by peitsonal selection, and through the medium of orders, and 1 -I cc 'r ews vo ii*^ fj>»o 01 Oi u r- ro *. ^: - I OD QOO brown Stocks last Saturday and for the same date of the three previous yeirs were a? below : (J4x64a and 2%c. for 56x60ii. 2!eh. 27, 886. Stock of Pritil Cloths I'y Pr rovidraceniaiiufrs. 113,000 70,000 Fall Kiver mauufacturfrs . PtoviitrncespeeulHtors .... 2.58,000 1=.,000 OulsUte speculators (est.) .. Held Xeh. 1884. 1- 83. ISV.OOI SOO.OOO 281.000 73,000 130,000 1?4 00(» 29, CO ^ S v> O — J- W J> X ;)' CW-I 4- go ooxocoo "• CO O' ifc CO :0 OX c; c. — y> *i 'O -I — OS to "to CUO J" » <i o Ift-N-O "..: Ct ^-^ -J QDO -O M 'J O O 50 -^I I (x»o (XCO I e: 1 a V OD tOJD 1 QOM Oi-ji at© I at OS fO at ' CO I h-^ M0> ( 05M I au a 01 -0 -jicecoM ^ C. M O tCi(^-JO-.~l -> cogs o u o ac ^ I f I 01 *J cacoMOO I a ' , c o> ? o q: (xco OXW-JOl 00^ I 33.^.000 7 "^,000 to no o: (D t3 co-j; coo (liieoee) ?. c: C:co -Jito -Jt CPrfkXCO -J QDO IB' a c» K CC rO to *. CO O* (OOtOGDCl -X" ^ X ti CO CO to X 01 O I ' cot«)i-'c»'a> 10*-'0,->0* I OOrC I I toccaooi3i : I si:! ~ 01 ,.-01 cox ViboiJ'M CO <^ to coo C^ Mr* CO to biCO^ J0 31 coo II " 01 CO 1^01:3 1 — -I -* M W^D — CO *-too rog to -J OCOO OS "- o 1001 I.* 724,000 456,000 1,184,000 741,000 Prints ruled quiet, aside from a few specialties in which there was a fair movement, but a fairly good business was Total stock »* *J COX Meh.S1, ifeh. 28, 1885. 40?,0rO 440.000 324,000 325,000 W^ OS -JO -109 sheetings continued quiet ia first hand j, and transactions in bleached shirtings, wide sheetings and corset jeans averaged light. Cotton flannels have met with a fair share of attention from large buyers, and some makes are largely sold ahead for future delivery. P/int cloths were in modarac; demand, but prices tove recadeJ to 3i-^c. for «-• O C/.1H — prices ruled steady; but 3 I4CV1UX O O' « OlO*» -•^ woe CO *l *- O CO 'cowco*-co^ done in seersuckers, ginghams, foulards, chambrays, etc., and printed lawns were distributed in liberal quantities, as were Receipts ot Leading Articles orDo.-nestU Prodace. certain makes of fancy cotton dress goods, as yarn-dyed The following table, based upon daily reports made to the; brocadts, etc. Cjtton hosiery and spring underweir were New York Produce Exchange, shows the receipts of leadingmore active in movement than demand, large deliveries articles of domestic produce in New York from Jan, 1 ""'' to^ having been made on account of back orders, while new March 30, in 1886 and 1885 business was liglit and irregular. Same time Since Jan. 1, Domestic; Woolen Goods. -The market for clothing woolens precio's year. : — has not shown 1886. much animation, the mijority of wholesale clothiers having already supplied their immediate wants. There was, however, a fair demand in a small way, and the favorable result of the auction sale aluded to above has tended to impart more confidence in values. Fancy cassimeres and worsted coatings were in steady request, but purchases w<;re chiefly of a hand-to-mouth character, and moderate in th's aggregate amount. Some duplicate orders for overcoatings were placei with the mill agents, and leading mikes are so closely sold up that prices remain bteady. Sitinet;3 and K'ntucky jeans ruled quiet in first hands as regards new basiness, but fair deliveries were made in execution of back orders, and values are well maintained. Cloakings were quiet, owing t strikes among the cloak operatives, and Jersey cloths and stockinettes continued sluggish. Flannels and blankets were in moderate demand at firm prices, and carpets were fairly active some quarters. Seasonable makes of all-wool and worsted dress goods, ladies' cloths, tricots, &c., were distributed in fair quantities, and some good orders for fall makes were in placed future delivery) with manufacturers' agents, Heavy underwear and wool hosiery continued to meet with a good deal of attention, and a fair business was done in this (for Ashes Beans Breadstuffs— Flour, wheat Coi'nmesil Oats Barley Peas Cotton Cotton seed Flaxseed Grass seed Hides Hides goods, wash fabrics, white goods, linens, embroideri«'8, laces, &o. having been moved in fair quantities by the principal , Clothing woolens were mostly quiet, and there was only a moderate call for hosiery and fabric gloves. jobbers. ools. bbls. 949,295 69,958 668.142 19.954 12,467,772 3,712,145 2,167,009 75,415 323,202 3H.869 1,338,389 54,(3S 2,282,674 1 15.885 10,220.978 5,014,872 1,804,752 63.573 38C,119 17,796 1,684 26,167 husj b»85»•''JjJl*- .obis. oil hagsbags. -Pif HS 1 .....bbls. 30,753 ^"^^ Hops '>?J'^- = sides. Lead Molasses Molasses Naval Stores— Turpeutiue, crude Turpentine, spirits , opis. bpjs, b^ls. Jbls. bbls. Ro.sln Tar Pitch Oil cako Oil, lard 56,942 4,721 34d '""'S- 33,194 44,019 __ 21.828 9,437 184,970 221,855 187,546 228,899 117,765 69,593 28,377 23,047 14.701 2,741 64.867 10,144 200.459 2*9,633 198.864 128.605 116,343 50,784 2l,ieT 20.40e 52,202 3,376 . Pf88 PkB* Porli l'f«*- Pj8«' PW' bbls. ten. .So. I. . ThUow... . & bbis. ''eg! - ..boxes .slabs. „. ^ P*?*^>SS* ^^ .pfcg"' A cases. TobiLoeo.... ... ... 109 14,651 59,218 5,914 122,804 1,456 ?»"»• Provisions— 23,633 41» "bV" whale I'eanuts Whiskey Wool 1,332 l'Z,068 SO.Me* 17,16* 19.327 617,578 87,734 122,f38 1,672 P»KS. Tobacco.. 33,6f.2 14.101 19,507 11,845 30,329 690,296 50,407 -.-•?"• Leather — 27,593 hush, Foreign Dby Goods were for the most part quiet in first demand by jobbers and large retailers having been vtTifa lii-d:::::::::.;" governed by actual requirements, which were neither numer.....~ Lard ous nor important in the aggregate. The jobbing trade was Hogs, dressed Rice unfavorably affected by rainy weather, which rendered Spelter re-assortments on the part of many retailers unnecessary; but Sleiirine Sugar a fair distribution was made under the circumstances dress SuRar.. .SuSar „ hands, the 692 30,3-i8 hcsi Com Beef Cutmeats Butter Cheese connection. 619 bbls. bu«h. hush. Wheat Eye Oil, I>bl8. ..bales. 78 1,326 13,994 31,35a 20,832 56.220 7,286 416 4,335 ll,670 a»,890 25,038 81,098 16,998 THE CflKONlCLK 444 %CQVil ^UtiC^B, flOinilllSSIONEIR'S SAI.E OF THE defendants. Consolidated cause. In equity. Notice is hereby given, that pursuant to, and by authority of a decree entered in the above entitled Cause by the Circuit Court of the United States fo the Eastern District of Missouri on the sixth, by the Circuit Court of the United States for the Southem District of Illinois on the eighth, by the Circuit Court of the United States for the District of Id_ diana on the ninth, by the Circuit Courts for the Northern District of Ohio, Western Division, for the Eastern District of Michigan, and the Southern District of Iowa, Eastern Division, on the twelfth day of January, 18£6, as modified by the supplemental decree of said Court for the Eastern District of Missouri, 01 date March fifth, 1386, I. Edmund TAllen, Commissioner, will, on MONDAY. THE 26Tn DAY OF APRIL. 1880. at the east door of the United States Court House, the City of St. Louis, in the State on Eighth Street, of Missouri, between the liours of 10 A. M.and4P M., sell at public auction, to the highest bidder, without redemption, and as directed in said decree, modifled as aforesaid, the premises and property, described as follows, to-wit -All the right of way and railroad of the said Wa- m • Louis & Pacific Railway Company, extendmg from the City of Toledo, in the fctate of Ohio^ through the State of Indiana, Into the Stale of Illinois to Meredosia. with branch to Naples and East Hanntbal, from Meredosia to Camp Point, in the State of Illinois, with branch from Clayton to the Mississippi River at Hamilton, and with branch from Decatur to East St. Louis And, also extendii g from St, Louis, in the State of Missouri, to Kansas City, Mo., with extension from Moberly, Mo., to the State line of Iowa, and a branch from Sylisbury. Mo., to Glasgow Mo.; that portion of the Clarinda & St, Louis Railway m Iho State of Missouri, the Peoria Pekin & Jacksonville Railroad, the Springfield & Northwestern Railroad, the Braidwood Branch, the Madison County Itailroad, the Detroit Butler & St. Louis Railway- the Chicago & Paducah Railway, the Chicago & Strawn Railway, the Council Bluffs & St. Louis Railroad, extending Irom Pattonsburg to the Iowa State line: together with all theoraba' kments, bash St. bridges. turn<mta, sidetracks, buildings and structures, water tiinks and fixtures. shi>ps. engine and other houses, depots, turn t;ibles, engines, cars, matoolsferry and other bnats. depot chinery, real estate pertaining thereto r^r belonging forounds, said company at any of the terminals thereof, rights, interests franchises, and property, and every other tning appurtenant to said railroad or used in connection therewith, together with all rents, issues, profits, credits and ehoses in action accruing from said railroad and appurtenances: and also the real estate taken in the name of James F. How, as trustee for said company in Marlon County. la., in Chicago, 111.. St. Joseph. .Mo., and St. Louis, Mo.; the riaht of use of the bridge over the Missouri River at Kansas City. Mo.; right to use certain tracksund terminal facilities in Cook County, Illinois, and in Chi&igo, 111; right to use certain tracks and terminal facilities owned by the Peoria & Pekln Union Railway Company in llliuois. riaht to use certain tracksund depot tacillties in the Union depot in Kansas City. Mo.; right to use certain tracks and depot facilities in the Union depot at Hannibal, Mo riRht to use certain tracks and depot facilities in the Union depot at St. Joseph, Mo.; rieht to use certain tracks and depot facilities in the Union deput at Deright to use certain tracks extondtroit. Michigan intt from Claytcm to Quiocy, Illinois, and certain depot and station houses m said last-named citv; , an interest in the elevator company at Council Bluffs. I'.wa; richt to use and buy 3(J0 coal cars acquired from the National Rolling Stock Conipanv November 23. '1883. Certain real estate with provements thereon and terniinai privileges in Irn- Bur- lington, Iowa, beinii lots 13.13a 14, 15. ifla Id 17 18. ltt.20, il, 22. 23, 2t, in the original plat of ihe City of Burlington. Iowa, and also .easehold interestsin the foIIowiiiK railways and properties, to wit In the BooneCount y & Booneville Railway: St. Louis Ottumwa & Cedar Rapids Railway, St. Josuph i St' Louis Railway; the Brunswirl: & Chillicothe Riii'way. St. Louis Council Bluifs & Omaha Kailw\v the Council BluITi & St Luuts Railway evtending from the Iowa State lino to Council BlutTs the Eel River Railway* the Humeston A Shen-in. doah Railroad; that portiim of the Clarinda &. St Louis Railway in the State of Iowa; the Des Moines & St, Louis Railroad. St. Loula Jersev ville & Springfield Railroad; the Attica Covington & Southern Rtilroad. Champaign & South eastern Railroad, the bridge over the MissiP Bippl River at St. Louis, with tunnel and terminal riantainsaid city; the bridge over the Mississinnt Riverut Hannibal. Missouri; also all the proDertv rights. Interests and choses In action ucouired hv said Wabash Comi)any IJlcrticcs* S^flat ^property of the WABASH ST. LOUIS & PACIFIC RAILWAY COMPANY. The Central Trust Company of New Y^ork and James Cheney, complaiaants, against the Wabash St. Louis & Pacific Railway Company and others, utter June!. ISbO whether herelnbefora described or not. e.\cept such as are by said decree expressly excepted from ita oueration; also certain lands and lots adjacent to the lines of railroad aforesaid in Missouri. Illinois Ohio. Indiana. Iowa, and particularly described in thereportof theMpecial master bearing date Dp" cember29 1M5 and filed in this cause, the title of which landsund lots has been acquired by there ceiverslnsaidcauseln the name of James F Hnw Trustee; and also all the rlKht title and interest o^ thosaldWaba.h St. Louis & Pacific Ra/lwayCom pany In and to »16,000 Unhm Bridge C(.nipanv bondill.342.000 Humeston & Shenandoah RaiT?o"id Com' nan y first murtwage 7 percent, bonds- «I OOOOOO Vabash St. L..uis& Pacific Railway Company ten era! mortgage H per cent bonds; *400,000 Wabash Railway Company mortgage 7 per cent honri«7»f 187U, »f99.000 Wabash St. Louis & Pac"flc Railwav tomnany-Detroii Division-fl per cent bonds; 248XK) Qulncy Mlssfturi & PaMflc Railroad income bonds; .»l.7n,000 Toledo Peoria CimDanV & VVe?f •rn Itailroad Companv first preferred inc me bond^ >728,OOOTo!odoPeoriii& NVestornlSiroad^^mpany second preferred incomebonds. 13.401 shares Toledo Peoria & Western Railroad Company; iOshares St. Joseph Union Depot; 210 shares Union Depot Company of Kansas Citv. vio.; IOshares Hannibal Union Depot Company; 5,0^7 shares lies Moines Northwestern Railway Company: 2,214 shares Havana Rantoul ttailroad Company; 9.996 shares Des &, Eastern Moines & SVi Louis Railroad Company; 20,127 United States Trust Co. OJ^.V^TT TORE. 49 WAIiL STREET. Capital shares Hiiflieston S:, Shenandoah Railroad Company: ai.ijai 96-100 shares Mi.-souri Iowa & Nebraska Railway Company; 9,C0O shares St. Louis Jerseyville & Springfield Uailroad Company; 2.030 shares Clarinda & St. Louii Railroad Company, 14.246 shares Quincv Missouri & Pacific Railroad Company; 5,3H0 sliares St. Louis Ottumwa & Cediir Rapids Railway Company: 1 1,080 t-liares Council BlulTs & St. Louis Railway Company; 7,281 eharos St. Louis Council Bluff's & Omaha Railroad Company: 4.332 shares Brunswick & Chiilicotho Railroad Companv; 2,687 shares Centreville Monivia & Albia Railroad Company; 750 shares Attica CovliiKton & Southern Railway Company; 1,665 shares American Refriger ator Transit Company of Illinois: 00 shares Union Bridge Company of Toledo, o,: 17 shares ."^t. Louis County Railroad Company; 4.9i)4 shares Peoria & Pekin Union Railway Company; 9.tf»9 shares Chicago &AVestern Indiana liailroad Company; 12.500 shares St. Louis Bridge Company common stock; 1,160 shares St. Louis & Mississippi Valley Transportation Company; steamers now on Luke Erie, known as the "Russell Sauc." "John C. Gault." "A. L. Hopkins" and "' Morley;" 15 locomotives Wabash St. Louis New York & & Pacific Itailway trustee. INTEREST ALLOWED ON DEPOSITS, which may be made at any time, and withdrawn after five days' notice, and will be entitled to interest for the whole time they may remain with the company. Executors, administrators, or trustees of estates, and females unaccustomed to the transaction of business, as well as religious and benevolent institutions, will find this company a convenient depository for money. JOHN A. STEWART. President. WILLIAM H.MACY, Vice-President. JAMES S. CLARK. Second Vice-Pres't H Dan. TRUSTEES: W. W. Phelps. Arnold, Thomas Slocomb, Charles E. Bill. Wilson G. Hunt, Wm. H. Macy, Clinton Gilbert, Daniel D. Lord, D. Willis James, John J. Astor, John A. Stewart, S. M. Buck'gham H. E. I^awrence, Samuel Sloan, James Low. John H.Rhoades, Anson P. Stokes, Robt.B. Minturn, Geo. H. Warren, Geo. Bliss, ( William Libbey, Isaac N. Phelps. John C. Brown, Erastus Corning, Edward Cooper, B. Chittenden, W.Bay'rdCutting S. Chas. S. Smith. ^ 1 ^ HENRY LOUIS L. THORNELL, Secretary. G. HAMPTON. Assistant Gecretary. Union Trust Company luts 1, 2. 3, 4, 5, OF NE^V ¥ORK, 73 Broadway, cor. Rector St., N. Y, CAPITAL, SURPLUS, A LEGAL DEPOSITORY FOR MONEY Accepts the transfer agency Allows interest on deposits, whicii may be made at anytime, and withdrawn on Ave days' notice, with Interest for the whole time they remain with the company. For the convenience of depositors this company also opens current accounts subject, in accordance with Its rules, to check at slglit. and allows interest upon the resulting dailv balances. Such checks pass through the Clearing House. TRUSTEES: Wm. WhitBwright, Henry A. Kent, R. T. Wilson, Wm. F. Russell. C. D. Wood. James 21. Jame« M. McLean, Ambrose C. Kingsland. James H. Ouilvie, S. T. Fairchild. I. H. Frothingham. George A. Jarvls, Piatt, D. C. Hays, C. Vanderbilt, James Forsyth, George Cab-jt Ward, Edward Kinrf, A. A. Low, E. B. Wesley. n. U. McAlpin. Georae B. C^arhart, Henry Stokes, J. B. G. G. Williams, R. G. Remsen, Johnston, Edward Araasa Schell. J. Parker, Samuel F. Barger, Robert Lenox Kennedy, Geo. C. Mauoun. EXECUTIVE COMMITTEE Wm. Whitewright, James J. B. M McLean, Johnston, : G. G. Williams, E. B. Wesley, C. D. Wood, D. C. Hnys. EDWARD KING, President. JAMES M. MCLEAN, First Vice-Pres't, JAMES H.OGILVIE, Second Vice-Pres't. A. O. RONALDSON, Secretary. ; The Union Trust 611 Co., AND 613 CHESTNUT STREET. PHIIiADELiPHIA. $1,000,000 Authorised Capital 600.000 Paid-up Capital Acts as Executor. Administrator. Assisnee. etc., &nd executes trusts of every description linown to the law. , .. , Ail trust assets kept separate from those of tho m Company. Burgiar-Proof Safes to rent at |5 to |60 per annum. Wlils kept in Vaults without charge. Bonds, Stocks and other valualjles taken uader guarantee. Paintings. Statuary, Bronzes, etc., kept in Fire- Proof Vaults. Money received on deposit at Interest. Pres't. JOHN O. RBAniNO.V.-Pres't. 8. STOKKS, Treasurer & Secretary. D. R. PATTERSON, Trust Officer. DIHECTOR8.— James I-ong, Alfred S. Gillett, Joseph Wright, Dr. Charles P. Turner, William S. Price, John T. Monroe, W.J. Nead, Thomas K. Patton, John G. Reading. Wm. H. Lucas. D. llayns Agnew. M. D., Jos. I. Keefc, Robert Patterson, TlieodorC. Engel, Jacob Nayior, Thos. G. Hood, Edward L. Perkins, PHILADELPHIA; Samuel Kiddie, Ole.v Riddle, Pa.; Dr. George W. Relly. Harkisbubg, Pa.; J. Simpson Africa, HtTNTiNGDON; Henry S. Eckert, Reading: Edmund S. Doty, Mifflintow.v; W. W. H. Davis, DOYLESTOWNi K. B. Monaghan, WEST Chesteb; Chas. W. Cooper, AujurrowN. JAS. LONG. MAHLON m Commissioner. androgi.-itry of stocks, and acts as Trustee of mortgi^es of corporations. ; EDMUND $1,000,000 $3,000,000 - Authorized to act as Executor. Administrator, Guardian, Receiver, or Trustee, and is ( m $6,000,000 a legal depository for moneys paid into court, and is authorized to act as guardian or is Company Pacific Car Trust Association; 6 in block 9 Sprintter & Fox addition to the City of Chicago, Illinois; part of lot32oftho Assessors' division of the northwest quarter, and west half of the northeast rinatter of section 32, township 39 north, range 14 east, of tiie third principal meridian inCnok County, Illinois, the (ifleto which real e-tate above ment ioned is in Solon Hum All plireys in trust for ilio i-ui i Wabash company. of wliicli property s mi^ro particularly and specifically described in said decree, reference to whicli Is hereby made fur a more full and perfect description thereof, and of the several parts thereof and of the Interest of the Wabash St. Louis & PaAnd said property cific Railway Company therein. will be sold subject to the terms and according to the provisions of said decree, modified as aforesaid, and subject to the prior liens ot mnrtaat'Gs. deeds of trust, judgments <lecrees, ic-isos and cimfracts in said decree siiecifically set f nt h.except t he lien of t he mortgages referred to in said decree as the " general mortgage" executed to the Central 1 rust Company of New York and James Cheney, as trustees, and the " collateral trust mortgage" executed to the Meicantile trust Company of New York as trustee, under which mortgages, to-wit. said general moitwageand collateral irust mortgage, said sale Is made. The branches or pnrtionsof thellnesof railroad or property aforesaid embraced In and covered by said general mortgage in which said Wabash Railway Company has only a leaseholder conditional title, may be sold separately from the other property covered by said ra')rtiiage. if request for such separate sale be made by ihe holders of a majority of the bonds securea by said general moitgage. Unleps such requfst bo throuirh their committee. made the Commissioner will first offer for ealeallthe right, title and interest of said Wabash Company in and to the lines of railroad as aforesaid, with all thi. franchises, ntihts, interest and property, real and personal, uertaining thereto, and all rights of way, equipments, structures, shops, tools, machinery and materials properly belonKim: or appurtenant topaid lines and each of them HavtnK, subject to the approval of said courts, accepted the highest bid received for the property covered by said general mortgage, if sold as an entirety, or the highest bids therefor. If sold eeparately, by request, as aforesaid, said Commissioner will next offer for sale the property embraced in the collateral trust mortuage in the order foUowinK First, the bonds, stocks and choses in action second, the ears, rolling stock and equipment, third, tlie steamers; fourth, the real estate or terminal interests mi Cook Ciuinty. Illinois, described in said instrument, and nf.ite the hitdiest bid received for each lot 8ep;trately and will ihen offer all of said properties embraced in said collateral trust mortgage for sale to«ei tier, and accept, subject to the approval of said courts, the liitihest bids made lorsaid tots or parcels of property and securities when offered separatelv, or the highest hid for ail faid property when otler'ed together, accuniinjz as the one method or the other shall produce the largest sum In the aggregate. Before any bid for any property sold under said decree shall be conditiimally accepted, as iiforesaid, by said Commissioner, the person orperfions making such bid will be required t<i denoslt with said Commissioner, or subject to his order the Third National B:ink the City of St. Louis, a turn in cash equal to 10 percent of the whole amount of said bid, when the amount of such bid shall bo more than §100,000. and 20 percent on all bids below that sum. In case any such bid shall be rejected by said courts, the deposits so made shall beieturned to the bidder, but In case any such bid sliull be accepted by thesaidcourts, and the party making the same shall fail to comply with all the conditions of sale, and all orders of ihe said courts made or to be made in respect thereto, .n accordance with the provisions of said decree, the sum so deposited shall be forfeited, and applied as said court shall order. Whenever any bid shall be accepted and approved by said courts the party making the same ehull deposit in such depository as the courts shall direct such additional cash payraentustho -Id courts may require find make oUCh turther cash deposits as may be ordered by the said courts. After the purchasers at such sale shall havemadesuch cash payments nssaid courts shall order they shall have the right to discharge iheremainder of I heir respective bids by the use of said general mortgage and collateral trust bonds at such valuation as shall be equivalent to the distributive share applicable thereto it the whole sum bid had been paid cash. Said courts willretalQ control over said properties and jurisdiction over the purchasers thereof at 8aid sale and of all persona taking said property through or under said purchasers, until all court costs and expenses, all the e-xpenses of the receivership, all the claims and demands that have been or may be allowed against said property orany part thereof or the receivers of said courts by orders thereof shall be fully paid and discharged. For more specific statement of the rights and property to be sold, as aforesaid, and the terms and conditions of said sale, reference Is hereby made to the decrees in this behalf entered in the several courts as hereinbefore stated. T. ALLEN, and the and Surplus, This company manufactured by the RboMo Island Locomotive Works; 13 passenger cars manufaf-tured by Barney. Smith A Cp.; 5 baggai'e cars manufactuieil by Barney, Smith & Co.; 1,210 freight cars manufactured by Barnev, Smith & Co.: certain rolling stock mentioned and described in certain agreements between the XLIL [Vol. Metropolitan Trust Co., Mills Building, 35 Wall St., New Yorh. $1,000,000. PAID UP CAPITA!., legal Depository by order of Su- Designated as a preme Court. Receive deposits act as fiscal or jf money on Interest, transfer agent, or trustee for corporar and accept and execute any legal trusts from persons or corporations on as favorable terms aa oUier Bimilar companies. „„„„„ .^ ,. . HII.LHOUSB, President, tions, THOMAS - TAPPBN, Vice-President. 1''RKI)i'',UIC D. WAl.TtJR J. BRITTI V, Seciutary. : Aprii, THE 3, 1880.J ^vust (S^ompvtnUe, (^ammivciixl or dlTldonda, reoelTe miiko pnrcOHae and rojil estato, fill reirtfltry ritiil »!!> .>r aeourlllea. uiiu itiatltutlona, and persona > II ..^Loi' transaction of business, will and convenient depository /ormuncy. HII'I.IOV l(()^E^». President. BUMUNI) VV. COKUJSS, Vloe-Pres't. TUU.S'rKlCS. B. K. KriDwIUin, IlenrT K Sbeldoa Joslah O. I-ow, ni,,t ; & BrooUyn, N. Y. Thia Company la Buthorlied br apeolnl chiirt«r to net an rocolTur, truateo, gaardlan, ezocutor or odmlnlntnitur. t^alo or .nanajrement of It can urt fw *i t} AIM. .M. White. .lohn T. .Martin. C.D.Wood, Krod. Crmuwoll, Wm. H. Male, A. A. Low, John 1'. Kolfe, Klpley Uopoa. Alex. McCno, Abram B. Uaylla, Mloh. Chauncey, B. W. Corlloa. Wis. B. Kendall, U. B. I'lurrepont, Ja& Kuaa CDuuAif, SecTttarr. ®avda. Co., COTTON SAILDUCK And CANVAS, rEI,TINO UUCK, CAB COVHKINO, BAQOINU, RAVICNB OUCK.BAIL TWINBB. *C., "ONTARIO" bBAMLBBB BAGS, "AWNINO Also, BTBIPBia, Aneota full tnpply, all New PIIII..1I>EI.FHIA. IHttS. Widtha and Colore, alwsya CO. In atoek Fabyan & Co., York, Bostoii, Philadelphia, dBLUNQ AGENTS FOR LEADING BRANDS CAPITAI. HBOWN CEH'" PRINTS, DENIMS, TICKS. DUCK8, Ao. Towela, anllta, White Goods dc Hosiery Drillt, Sheetings, <««.. for Kxoort Trade »1,000,000 ASSETS fll5,621,«30 63. INSnitKS TIVKS, CHANTS A.VNUITIRS, BB- )^IT. return?iblo on dolUowotl. tnid is empoiT ' miierf. -i. ADMINISTllAASSIUNKK, COM- I'OI!. I T(i: : VN. ivaii, AUKXT, etc., for the faithof which Its capital and surplus Mli ful furni SAMT, BLEACMEB SHIRTINU AND SHEETINGS, dc France. From 1 Pter (new) 4a. North lU.er, f.K.ti.f Mnrt«n »t TrsTeler. by lhl> line nrold both trnnill br Knultah '>'»»""'<>rt« xf orinMtnu ilie cbtnnel .*?!.*"i? I.. N'; Kern I>« ble<l.Weil.. -I ApniT. 7A. M. W«d.. A[>nl H. I P.W. illlnuterlvo. Wed.. April 81.7 A.M. H'I\(.i;rmmn. Boyor Wwl.. April SH. I I'.M. Tho ii«xt miiliiiK „t LA NOKMA.NufH, IM Kena. * i l''^ I- .Vliiy la. 1 1'. M. Pttic* or l*AH8AaK(lnolDdln(twlne):— To HsTre— FIntOKbIn, lluOHndMO; leonnd cabin, tm); iteer. aae. tta^lnoludlns wine, bedding and uUnilli. Return tiokeu atTerrredDeedrataa. Cbeokaon Banqae Tranaatlantlqne, Barreand Par<a,1ii amonntatoialt. Special Train n-om Havr. Co Pari.. The Cpmpa«nle Qenerale Tranntlantlana dellTcra at lt« offloe io New York tpeolal train tIckeU rrom UHTre to Parit. Bacttase cheeked thniuxh to Pari* without examination at llarre, proTlded paHeogare have the eame dellTered at the Companr'a doek la New York, Pier 43 North RiTer. foot of Morton St., at leaat two honra before the departure of a ataamOT. I.OOIS DB BBBIAIf, Acemt, No. 6 BonrlInK Gr«.n. ^ttovntvis. ^ublti:atl0tts. i-ule security. Alirnisf lutuisand Investments are kept 8epftr.ite and anart from the assets of the company. The Income of parties residing abroad carefully oolleoted and duly remitted. V UENERAL TRANsTaTLANTIC CO. NEW TOIIK and MAVHK. bloc, UNITED STATES BVNTING 4 L. netween kinda of all OOTTON TBB (I'llARTKR PKUPBTUAr,.) 09f Direct Line to No. 109 Dnajie Street. Incoroorated Third Mo.. 22d, Jlteamsbt^s. Manafaotnrera and Dealers la Provident Life&TrustCo Bliss, OF fa Brinckerhoff, Turner The Brooklyn Trust Co. Cor. of MontaguoiClliitou »t«., (;HR,0NI(U.E. William W. Porter, Littell's Living Age. Attorney and Counsellor at No. 02.3 WALNUT STREET, LIVINO K. Sl[|PI,Eir, Prosidont. ^TN 1886 THE -^ AGE enters upon WISTAK BROWN. Vice-President. ASA a. WING. Vice-President and Actuary, T. t its cess. 'g^liiauclal (£^ompsinUs, PhUadelpbla, Pa. forty- third year. bavioK met with continuous commendation and suc- A WEEKLY MAGAZINE, dives fifty -two numbers of sixty-four patfes each, or more Law Corporation, Transportation and Commercial Law. KKIfEiiENCES:—The Trust Companies. The Natlona Banks and Railroad Comcnnieoin Philadelphia, and the Judges of any of theCburLS. it JBonds of Sixi-etysh.ip. IfO OTBER BUSmJSSS. The Guarantee Co. OF NORTH AMERICA. Cash Capital Assets and Resources Deposit with Insurance Department Presidam: BIB AlKI. T. Qalt. $300,000 830,000 ..,.,.,., i!40,C00 Vice-President: IIon. Jas. Fekribb, Managing Dlreotor: l^clW NO. Ill Edwabd Rawlings, YORK OFFICE BROADWAY. TO.MPKINS, Secretary. N«w York Dikectors—Joseph W. Drezel, A. L. HopltiDs. U. Victor NewcomD. John Paton, Daniel Torrance. iCtlw. V. Winslow, Kraatus Wlman, F, P. D. J. Olcottaiid J. E. Pulsford. FIDELITY Nos, 214 & 218 CASUALTY A. CO. BROADWAY, NEW YORK. Cash Capital, t350.000, Invested In U. S. Gov't Bonds. ^00,000 deposited with the N. Y. Isn. Dep't, for the protection of i^olicy-holders. Assets, January lat, 18b5, $512,02(1 11. OlOclals of BanKs, Railroads and Express Companies, ManaKers. Secretaries, and Clerks of Public Companies, Institutions and Commercial firms, can obtain BONDS OF StJRBTYSHIP this Company at moderate charges. The bonds of this Company are accepted by from t*te courts of the various States CA8VAI.XV DEPARTnENT. Policies i.ssncd afrainst accidents causing death or totally disabling injuries. Full Information as to details, rates, Ac, can bo obtained at head olfice, or of Company's Agents. WM. Jl. llicHAiiDS, Prest. John M. Cha.ve, Sec'y ROB'T J. lIiLi.As, Ass't Secretary. Qeo. T. Hone O. O. Wllllama, DIRECTORS: David Dows, W. O. Ik)w, A. 9. Barnes, Charles Dennis, J.8.T.atranahan,H. A. Uurlbut, Alex. Mitchell, A. B. Hull. J. D. Vermi'.ve, S. B. Chittenden. Geo. 8. Coe. M. Richarda. Wm DOnOLASa GllKBN, a. e, batimaji, Memb. N. Y.Cotton Exch. Memb.N.Y. Stock Kxoh. W. W. DtTDLEY. CREES; & BATEIHAar, bankers and brokers. Stocks, Oottok. Griis, Fobeiok Corner VTall and New Kxchauoi, Streets. Prlvat* Wlrea to WaahlnKton, D. C, Baltlmorf, Bos>/)n, Philadelphia and Chlcaoo. FOR SALE. Chronicle Volumes SINGE 18T0. than coyery. Poetry. Scientific. BioKraphical, Historical and Political Information, from the entire b<)dy of KorelKU Periodical Literature. It is therefore Invaluable to every American reader, as the only satisfactorily fresh and COMPLETE compilation of an indispensable current literature— wwius^ensable because it embraces the productions of the possessing these volumes aince 1870 baa hand for convenient reference a complete and reliable financial history of the period. Parties having the more recent volumes can obtain from the pub llsbera moat of the earlier volumea, or complete aet can be fumlahed. 79 it 81 WILUAM ATLANTA, GEORGIA. PRACTICES IN ALL THB CX)DRT8. Oorporalion and CommfeUU Law a Bpteially. W Refers to Judges Stephen J. Field and 3. Supreme Court, Washington, D C. Woods n. t0 IXtsc«IIawejotts. BAGGING. branches of Literature, Science, Politics and Art. "It is not too much to say that with The Livt^jq Age one commands the whole field of current literary activity; and it has never been so briKht, so comprehensive, so diversiflod Id interest as it is to-day." WARREN, JONES & GRATZ —Bmioii Traveller. "It has now for many years held the first place of all our serial publications." * * "There is nothing noteworthy in science, art. literature, biography, philosophy or rellKion, that cannot be found in it." * * *^It contains nearly all the good literature of the time-"— Tfte Churchman, A'eio York. "Nearly the whole world of authors and writers appejir in it in their best moods." • • "The reader is kept well abreast of the current thought of the dauufaoturere' Agents (or the sale of Jute Bagging ixue."—Iloston Joitr»uif. ^*It maybe truthfully and cordially said that it never offers a dry or valueless pttge."— A'ciw York Tfihune. .. " It enables its readers to keep fwiry abreast of the best thought and literature of Civillzatton. "—Chrto^ turn Advocate, Vitt-i<l>ur<jh. " Biography, flctlun, science, criticism, hlatory, poetry, travels, whutever men are interested i6, all are found here."— Tft/' Watchmrtfi, Voston. " Through its pages alone it is posslW© to be as well informed in current literature as by the perusal ST. "In IMP0RTES8 OF BSTABlISHED STATIONER ANB PRINTER. Supplies Banks. Bankers. Stock Brokers and Cc-po rations with complete outflts of Account Books and Q^Ah 4 o n er T ^IT" Newconcems organUinff will haTe tbetr order promptly executed. 1 No. Living age."— Zfoii's WILLIAIH STREET* (HANOVER SQUARE.) Churchman, San Fr'incisco. has bfcomo inilispensable."—y. Y. Observer. "The best publiratHni we kuow in the world"— Morning Star, VViluun.J'jii, N. C. Published WKKKi.v at ^m u year, free of postage: or, for $10 50. Thk Living Agk and any one of the American $4 Monthlies ^or Uaroer's VVeeklu or Jiaz^ir) wlU be sent for a year, post paid ; or, for $\) 50, The LITINO A.QB and the St. Nicholas. Addre^st. It l^lTTBLIi * Revised. BOND B0<': vestors regarding Copies can be had ' WELDED CHROME STEEL AND IRON and Angles Ao. Cannot be Sawed. Cut or Drilled, and praotloaUr In Round and Flat Bars, and 5 ply Plates FOR 8AFE8, VAULTS, Burirlar- Pmof. CHROME STEEL Circulars Free. «VORKS, BROOKLYN, N. T. GO., Boston. THE FIFTH EDITION Of our SECURE BANK VAULTS. Herald, Boston. "It furnishes a complete compilation of ao Indispensable literature."— t'hicaao Evtniug Journal. "It saves not only time but money."— Paci^ " 1 list World. " In subscribing for it. our readers will secure more for their investment than in any other way of wbioh we are cognizant."— /'J ittt Churchmatt, Davenport. " 'Toming once a week, it gives, while yet fresh, tho productions of the foremost writers of the day."— Montreal Gmette* " « "No man will One cannot read everything." be behind the literature of the times who reads The 1856. Eugrene R. Cole, fact, riodical !iterature."-»"undrtH iichoot Times, Philadelphia. " Foremost of the eclectic periodicals."— jV, Y, LOUIS, Mo. IRON COTTON TIE»;^ of monlhiiea. "—Pftda. ttiifiUrer, a reader needs no more than this one publication to beep him well abreast of English pe- of a long ik' informatlrn for In- rids, ! Im iio%v ready. ion. Bankers DANA & CO., eULD, BAR15ULK & SWORDS,Now York. No. 10 Pine Street, 8TKEET, NEW TOBK, Will remove about .Vprll Otto No. l»;W'ail Street. WILLIAiTI B. A. Angier, E. Attorney and Counselor at Law, ABLEST LIVING WRITERS In all Any oflBce at A QUARTER THOUSAND THKEJS AND double-column octavo pasea of reading matter yeurty. It presents in an inexpensive form, .considering its great iimuunt of matter, with frashnesa, owing to its weekly issue, and with a completeness nowhere else attempted. The beat Essays. Reviews. Criticisms. Irieriul and Short Stories. Sketches of Travel and Dis- JOSEPH CI LL0TT5I C STEEL PENS Soto Br All DEALERSlHTOuoBotnrlHE WO RLD GOLD MEOAL PARIS EXP0SITION-ia7a. . THE CHKONICLE Tib XLU. IV OL. WAxblic^tious, THE Stock and Bond Prices Financial Review. IN BOSTON, (ANNUAL.) 18S 6- PHILADELPHIA A YEAR BOOK OF AND BALTIMORE. FINANCIAL INFORMATION FOB Bankers, 18T6-18S5. Stock Brokers, Merchants, Investors. A Record CONTENTS! of prices in the above-named cities, Betroapect of 1885. mercaatUe Fallares. Banking; and FinancialUnited States— National intended as supplementary to past and future Bank FlKorea and Currency Movements. New York Cltv—Bank Returns, of our Annual Book, the issues &o. liOndon—Money Market and Bank Returns Commercial— United States— Foreign Commerce, Trade Balance, D. S. Exports and Imports ol Leading Articles. London— Review o' year. FINANCIAL EEVIEW. Bank Returns, &o. Money Market- Tiie and Prices of Call Loans and Commercial Paper since 1878. Influences, Cold and SilverProduction, Consumption, Exports and Imports of Gold and Silver in the United States and abroad. Poreign Excbange— Market and Prices in New York, 1870-1885, This prices little volume contains the monthly from 1876 to 1885, inclusive, in Boston inclusive, highest and lowest and Bond prices from 1881 and Philadelphia; and prices from 1881 Stock to 1885, to 1885 in is intended Investments and Specnlatlon— Compound Interest Table, Baltimore Showing Accu- mulations ol Money In a Series of Years. Table Sliowing the Rate Per Cent Realized on Securities to be used as supplementary to past and future issues of our Purchased at different prioee (without regard to date of maturity.) Stock Speculation in New York. the In the Debt of the United States, 1791-1883. 8. Annual Book, FINANCIAL REVIEW. United States Debt and Securities— Prices of U. This Record of prices in the above-named markets REVIEW for 1887 the prices of the Boston, Philadelphia and Bonds, 1860-1885. State Debts and Securities— State Debts and Immunity from Prosecution Baltimore markets will be published for the Prices of State Securities, 1860-1885. for one year only (1886 ), first time, but they will be given as the record for previous years is contained in Railroads and tlieir SecuritiesRailroad Statistics of the United States Railroad Earnings. Prices of Railroad Bonds, 1881-1885. this book. The New York Stock Market, 1881-1885. Prices of Railroad Stocks, 1881-1885. Price ol the Kevlew. bonnd In cloth, - ----- Price, bovxnd. in doth, To 82 00 Subscribers of the Chronicle, ^1 550. 1 OO, To Chronicle Snbseribers (one copy oaly)l 00 Postage (when sent by Mall) WIIXIAn - q[» tf' 81 B. .... DANA &, lO WILLIAM CO., PUBLISHERS, VUUam Street. New Tork I *e B. it 81 DANA WiUlam «& CO., street, New Publishers, York] Apwl THE CHEONICLE. 8, 18WJ.J \x SttBttvitnce. liusnraucje. THE MUTUAL NEWLIFE OFFICE OF THE INSURANCE ATLANTIC CO. YORK. OF MoCURDY, R. A. President. ORGANIZED APRIL Assets, January a3, 1836. oonfonnlty to the Charter of the Comtiany, siibiult tht^ following Statement of lt« ftfl'ulrs ou Ibo 3Vfit December, 1885: Premiums on Mariuc Rialisfroui Ist January, 1S83, to Slat $3,856,618 66 Deocuiber, 1885 ott Ist $5,196,143 120 76 Income The United $776,712 42 (OROANIZKD IN 861, 262 0. P. T. H. BR08NAN, President. Fralkigh, Seo'y. A. Wheilwbight, Ass't Sec. cluding Tontine and Limited (NonPorfeitlng) Tontine. all others, the Insurance remaining in full force during the grace. Absolute security, combined with the largest liberality, assures the popularity and success of this company. GOOD AGENTS, desiring to represent the Company, are invited to address J. S. GAFFNSY, Superintendent of Agencies, at Home Office. Is mutual^'benefit LIFE INSURANCE COMPANY, NEWARK, Secrettu-f. • - . $38,615,31tf C. A. Hand, John D. Hewlett, William H. Webb, harles P. Burdett, dmond W. PollcieH H Non-ForfeltaUe AbHoliiteljr in exchange. „ „ After the third year Policies are incontestable, except as against intentional fraud and aU rettrio- Alexander (UL to travel or net- ii pat ion are . of 50 per cent of tiie reserve value, where valid assii. aients of the Policies can be made as collateral secur. v. Losses paid immediately upon completion and ap proviii of proofs. Leverich, John L. Riker, N. Denton Smith, kiabine: Bliss, AVGVSTA, OEOROIA. Kntire attention griven to purchase of William D. Morgan, Isaac Bell, Edward Floyd-Jonea, INSURANCE COMPANT, 42 Houses- 141 WALL STRBBT, NEW YOKK. D. JONES. President. . i talAss.tS Janiiaryl.lSSfl I ( I ST., & Co., NEW YORK. COTTOIV. Ck>nBlfniuient8 of Cotton. Contracts for Future Delivery ot Cotton booglit and sold on eommiaslon. Advanoea made on WALTER & KROHN, 53 COTTON BROKJEKS, BEAVER STREET, NEW VORBL btD. Kino. 00 00 H. CL.ISBY A. CO., p-rncnASB oNtT OS ORnitRS roK A roMMiKa-os 71 96 171 2.252 69 W.lltVl.NG COMES, President. Wainwhuiiii Hahi.ie. V.P. See. ff«"Thl8Coniiianvi8SuesCeTliacatC9 of Insurance. io>r->s payable in l.o.vnON.at Its Bankers, Messrs. BLOWN. SHIPI/K Y.ACO. JOHN nONTGOnSBT, ALA. $189,565 United States Soourlties B»nltStocli8..f .Ni^w VorkCity Banks.... 102,037 Cliv sndotlicr t^Kuksand Bonds, Loans Bunks S42,S53 and Cash lu Premium Notes, Cash Premloms, Be-in77,486 su'inceand othoi Claims Thomas Maltland. PBARI. COTTON BUYERS, AS8BT8. Anson W. Hard, COTTON for 8PINNEI1S and BXPORTiBRS. CoRKitspom>KNC« Solicited, Rkpsbknces.— National Bank of AQirusta, Oa Henry Uentz A Co., Commission Merchants, New York; William B. Dana A (;o.. Proprietors CoMJUBCIAI. A FiiJANCiAL CHBONICLX. and Other New York F. Hoffmann, COTTON BROKER AND AGENT am> inland insurance 38 "tlK »K I.A BOVRSR. MtVRB. COMMERCIAL MUTUAL Henry E. Haw'ey, & TO OBDBB >iow<i. uiadcto the exto Cash loax.s are CO., Cargill, COTTON BROKERS, ; lions Jones, NORFOLK. VA. . John Elliott, James G. De Forest, ICHARLES DENNIS, Vlce-Pr«8ldenL W. H. H. MOORE, 2d Vlce-Prea't. A. A. RAVEN, 3d Vice-President, 50 its value will pay for; or. If preferred, a Paid-up policy for Its full value is issued in Corllea, JOHN & STREET, NBUT YORK. KVRK, FARRAR A 32 FORCE as long as Charles Marshall, Frederick H. Cossitt, William Bryce, George 5,-111.241 AlXer Second Ifear. IN CASE OF LAPSE the Policy is continued Adoli)h Lemoyne, D and lalvo Liverpool. Liberal advances made on Cotton conshmnientf. Special attention given to orders for ountractafor future delivery of Cotton. 35.857,827 70 2.737.481 02 Surplus (New York Standard) : Robert B. Mlntum, Charles Farrar 132 PEARI, President. - Surplus.... I New York and Henry M. Taber J N. - Assets (Msrliet Values) l.iabilltiea(4percent Ueserre) Bei\]amin H. Field, Josiah O. Low, Thomas B Coddlngton, William Degroot, Horace Gray, William E. Dodge, William H. Maey, In on Anzi DODD, Sturgis, Bpeelal attention crtTen to the pnrohase One month's grace allowed In the payment of Premiums on Tontine Policies, and ten days* grace declared on the net earned premiums of the Company, for the year ending 31st December, 1885, for which certlflcates will be issued on •nd after Tuesday, the 4th of May next. By order of the Board, Wm. Cotton fixcbanffe BnlldlnS) Neiv Tork Future CoQtracU All Policies issued by this Company are nrDiSPUTyears. All Death Claims paid wrrHOiTT oisconsT as soon as satisfactory proofs have been received. This Company issues all forms of Insurance, In- THE T It r S XiE K S Cotton Commission Merchants, 1850.) & 263 Broadway, New York. ABLE after three holders thereof, or their legal representatives, after Tuesday, the 2d of February next. OUTSTANDING CERTIFICATES of the issue of 18S1 will be redeemed and paid to the holders thereof, or their legal representatives, on and after Tuesday, the 2d of February neali from which date all interest thereon wil] oease. The certlflcates to be produced at the time of payment and canceled. CHAPMAN, & Co., sively. on and A DIVIDEND OF FORTY PER CENT Robert Tannahill Oko. H. Bt7RFORD. Actaarr. ing certlflcates of profits will be paid to the A. A. Raven, 1H5<'. 9 All the profits belODg to the Polior-holders exclu- SIX PER CENT INTEREST on the outstand- James Low, IN States Life Insurance Co. THB CITV OF NK^V YORK. IN 228,897 88 J. D, Jones, Charles Dennis, W. H. H. Moore, KSTABMSllKO Cotton. $12,740,326 46 H. cunibinea the protective feature of life Infiuranott with the lnvo8tment featnro of the end'^wment fiolicy, while it avoidH the expense attendinR the atter by the ordinary method. Ad tmpruvement hjui alito been added to thin new form or p Itcy within the year, which tiiveo the assured the option at the end oif the period of taking the endowment In caah or of contlnuinfT the in.surance for a much larger amount without any further payment of premium. independent nf the cnriditioii of health at the time. AND MAKES Bank J, IIKNHY STOKES. President. From PhiindelvhUi Inquirer. Jan. W), IftlM. The iiBTT plan or the Manhattan Ltfe IfMorMKMI Company continues to meet t\u> |>oi>ul»r favor. It PROMPT PAYMENT OF CLAIMS. The Company has the following Assets, viz.: United States and State ot New York Stock, fity. Bank and $9,034,685 00 other Stocks Loans secured by Stocks and 1,438,600 00 otherwise Real Estate and Claims due the 530,000 00 Company, estimated at Premium Notes and Bills Keceivable 1,508,143 53 in $58,161,925 10,483,617 16,003,480 1885 INDISPUTABLE ASSURANCES $1,915,020 67 Amount 1, in 1884 Paid to Policyholders during Iast25year8 81,072,486 THE SOCIETY ISSUES the same Returns ot Premiums and Expenses Cash January Assets, off Losses paid during period The Company is stronir, reliable and poiralar; and luaas • rarletr of policies mlted to the dlAarant olrcomstancw of tosarers. MANHATTAN BROADWAY, WEW YORK. Surplus at 4 per cent from 1st January, 1835, to 3l8t Decem$3,770,094 30 ber, 1885 Premiums marked $103,876,178 51 - Blaine Non-Porfeltare Lair, LOSBBa PAID PROMPTLY AND WITUOUT DISCOUNT. IIVSURA^CE C09IPA1VT, LIFE ASISVKANCE SOCIETY, LIFE 158 & 158 BEOADWAY. NEW YORK- 1,339,525 10 Total Marine Premiums 14, 1842. The EQUITABLE notmarked January, 1385 - I)tl9. Aicanla for circular* Its explaining Bates Lower than otfur Companies. The Trustees, In Premlumson PORTLAND, MAINE. JOHN B. DB WITT, President. OIUlANI/.tU Mutual Insurance Co., Policies Company Life Insurance Writa to the Company or ISaVES SYERT DESORIPTIOH OF LIFEdiENDO WMENT POLICIES NEW YORK, UNION MUTUAL Chronicle Numbers WAXTEO. 96T, »70, 97f, 970, 981, and Jane, 18S4, Supplement. Ten CanU for «a«li of ttaa abor* paid at Un omce. THE CHRONICLE. Stillman, INMAN,SWANN&Co NEW YOKK. MADH ON ACCEPTABLE COTTON MERCHANTS, SECURITIES. ePICIAL ArMNTION TO 0RDBB8 FOB CONTRAOTS JOB FUTUBB DKLIVBBT OV COTTON. Personal attention given at the EXCHANGES to the purchase and sale of STOCKS and BONDS foj cash or on margin. DEPOSITS RECEIVED— subject to check at alght NEW Cotton, Coffee, in G. E. Staengleii, BUIIiDING, NEW YORK, NEW ORLEANS, YORK. AGENT FOB New York & COTTON COMPANY OF STUTTaART. C O T T OM NOW YORK, LIVERPOOL AND NEW ORLEANS COTTON EXCHANGES. Also orders for •t the COFFEE NEW YORK COFFEE EXCHANGE, G. COBBBSPONDKKTS John LEHMAN EXCHANGE PLACE, KSMBEB8 OF THE OOTTOff, COFFEE AKD PKODUOE EXCHANGES. 204 & H. wheeler. Wheeler, NEW CHtrRCH STRKX!! & Gwynn, New York. GRAVIER ST., New Orleans, La. $4,000,000 00 Liabilities unpaid losses for and re-insurance fund Not Surplus Assets Jan. SPBCiAt Attention Given to the Execution OF I, 2,057,776 2^ 3,202,320 41 1886 o. $9,260,096 66 16 and 18 Exchange Place, COMMISSION MERCHANTS, COTTON EXCHANGE, John C. Graham York, & Co., Cotton Commission Mercliants, No. 19 SOUTJH WILLIAM STREET York. 8ELMA, ALA.; MONTGOMERY, ALA. Buyers of Cotton for a Commission Orders for Future Contracts executed In New York NEW YORK. B. F. Geo. Copeland & Co., COTTON BROKERS, PEARL STREET. NBT^ YORK COMMISSION MERCHANTS, LIVERPOOL, Receive consignments of Cotton and other Produce, and execute orders at the Exchanges in Liverpool. Represented in New York at the office of SAM'L PEARL STREET. SPECIAL ATTENTION TO COTTON FUTURES FELLOWES, JOHNSON & TILESTON, COTTON, STOCKS, RONDS, &c., S5 WILLIAM 8TBEBT, NEW YOBK. Futures" ezecnted at N. Y. Cotton Kzob D. BABCOCK 82 Nassau Street, Price, Reid New York. & Co., & Cominission Merchants NORFOLK, VA. Cotton Brokers Mercantile Correspondence LONDON AND EDINBITROH. S. Branch Statement Invested and Cash Fire Assets & COTTON BROKERS, Street, New York. promptly 1, 1886. JS,301,747 6 $1,153,063 85 179,379 97 44,748 4S .1,884,555 ST t3,301,747 al Losses paid in U. U. 8. S. in 18 years . .Si S,'i1 0,33'i 01 Bkancii OrricE, 54 Wili^iam CHAS. E. WHITE, SAM. P. St., N. T. BLAGDEJf, Managers. JAS. F. DUDLEY, Supt. of Agenolea. Commercial Union Assurance Co.^limiied, of london. OFFICE: Co., 135 Pearl Orders for Spot Cotton and Futures executed Jan. LIABILITIES.: Reserve for Unearned Premiums Reserve for Unpaid Losses Other Liabilities solicttea. Dennis Perkins Co. Ins. U. Liberal advances made on Cotton consignments. Special attention given to the sale of cotton to arrive or In transit for both foreign and domestic markt.ts. ARent. British Net Hurplus IT 'Water Street, WAI.DRON & TAINTER. COTTON MERCHANTS, anij Liverpool. BABCOCK&CO. ^^ land Liverpool. ALEXANDER, OF ORDiraS FOB FtJTUKK CONTBAOTS HXKCtJTBD IN New Yobk New York St., North & Co., & COTTON new JAS. A. Hopkins. Lucnrs Hopkins Smith Ceables d. millxb. COMMISSION MERCHANTS Post butldino. No. 3 Cortlandt ORDERS FOB FUTITRE CONTRACTS. Hopkins, Dwight AND In " Company OF HARTFORD. Capital OusTAvrrs Olden MTNA Mohr, Hanemann& Co., ST., 186 14,342.430 SS President. WM. B. CROWELL. Vice-President. PHILANDER SHAW, Secretary. WM. CHARTERS, Assistant Secretary. FRANCIS P. BURKE. Seo'y Local Dep't. YORK. . No. 97 STEPHEN CROW^ELL, Insurance COTTON FACTORS 1B4 2,390,985 387,827 87 640,981 18 St, : New K Reserve for unearned premiums Reserve for unpaid losses Netsurplus CONTRACTS OF COTTON. Neir York. Fielding 195 Broadway, New Yort City. Company lat Day of Jan., 1885. CASH CAPITAL |1,000,000 00 Advances made on Cotton Consignments and Special Attention given to purchase and sale of FUTURE i' uivi, PEARL N. Y. 1840. statement of ALSO 123 Orders executed at the Cotton Exchanges In New York and Liverpool, and advances made on Cotton and other produce consigned to us, or to our correagondents in Liverpool Messrs. L. Rosenheim ons and A Stern & Co.; In London, Messrs. B. New- PBAPL STREET, Ofttce, (FOR BALING COTTON). No. 40 A Co. and Pro Phenix Insurance Co. OF BROOKLYN, BACM2IN6 AND IRON TIES, ooinniissiON iuerchants. gasa also for Grain EstablUhed On Tontine Building) COTTON COMMISSION MERCHANTS BRO'S, Cotton AND Factors UP-TOWN office. No. Henbt BtrLLABD. Co., Montgomery Ala. Orleans, La. .l. Bullard i Lehman, Ditrb & it, NEW YORK. Messrs. Smith, Edwards & Co., Cotton Brokers, Liverpool. Jas. Lea McLean, New Orleans. LiHMAN, Stern & Co., Co., WARE SCHROEDER. COTTON COMMISSION MERCHANTS, Cotton Exchange Building, and CHICAGO BOARD OF TRADE. & Schroeder Successors to and NEW YORK PRODUCE EXCHANGE New ; York. COTTON BROKERS, No. 113 Pald-Up Capital, E. M. 6,000,000. GRAEN AND PROVISIOBIS the and Liverpool New James F. Wenman & Co., Authorized Capital, R. M. 20,000,000. Co., 8 Sontb WllUam St., Tiew York, XBCDTB ORDERS FOR FUTURE DELIVERY the NEW YOKK. ST., Orders for future delivery of Cotton executed In New York visions In City. COMMISSION MERCHANTS, t PEARL No. 123 Gram and Petroleum Bought and Henry Hentz at the Bloss, COMMISSION MERCHANTS, Co., Bold for Cash, or carried on Margin, on the various Exchanges npon balances. interest Special attention paid to INVESTMENTS and accounts of COUNTRY BANKERS. York. Gwathmey & COMMISSION MERCHANTS, COTTON EXCH&^NGE Sons, BRANCH OFFIOBS 5tsUs 132 Chapel /fJ?"5f,''JS""S,*'' 'Si ^•' St., Neir Haven OF SPINNERS, 0F7EBED ON TBBM8 TO SCTT. & P. Hateli. BANKERS, 14 NASSAU STREET, NEW YORK. —with Wew COTTON, ALL OBADSS, SUITABLE TO WANTS 1886. Arthur M. Katth. W. T. Hatch & Post Bnildiug, 16 & 18 Exchange Flaee R. Macready Htnry Walter T. Hateh. Nath'l W. T. Hatch. MERCHANTS, LOA.NS 3, l^isceHatitows. ®0ttX»U. ®0tt0tt. Woodward & [April Cor. Pine & Williarn Sis New York,