The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
i
R E P R E S E N T IN G
T H E
IN D U S T R IA L
A N D
C O M M E R C IA L IN T E R E S T S
O P
T H E
U N IT E D
S T A T E S .
( E n t e r e d , a c c o r d in g t o A c t o f C o n g r e s s , In t h e y e a r 1 8 9 4 , b y W.vi. B . D a s a & C o ., i n t h e o ffle e o f t h e L i b r a r i a n o f C o n g r e s s , W a s h i n g t o n , D . 0 . ]
V O L . 58.
S A T U R D A Y , A P R I L 7, 1894.
j
!£ h e C h r o n i c l e .
102 WILLIAM STRE ET
Wtek Ending Match 31.
March.
p .a .
181®.
ISM,
P.Ct
e w Y o r k ........> .< * 8 ,M l M l :S J M g 'M .H « J
4
{W t t O s o c e .. ■
-
3*8,S<J»,027
17.832.^1
m n n g s e . a ....
W ore«-«t0T....,
fbrUMMt.*. .«*+;.
Fa...
> .« U »
£ > 1 ,7 0 2
.:
5(Sw*B*dford*
T o ta l N.
flstatm rg.
m m fo . . . . . .
W aabi a g u m ..
. •-
*:*2JiS<7,772 -
-
-
i m
-6-7.
■24-71
«i
«
is-o
I4g»904.<945
i9 ,n s .» - ;
18/890.8**
17M >M
1M *M W
Sikkrcm-
. . .. .
•100
m j m j m -67-7
****£ & * ~ s r *
agpxtyus
M I M * * - WQ
■JMM o i i m . .
m .u v
« JH Vjm - ia - i
th m i'& w
tjn < »
m
6,1*2,014
4 0 W 7 j-y«M »
i M U M n -17*4
-j£ t e
-8 5 0
-48-8
-1 * 7
iS W i^ T O ■ ■mri
*0 5
W *L$<8
l i :j
lA.Ot^UU
■20 0
* 0'7
i p t i
•H3*8
-r »
| fM .O U + fl
£»1,»JL710
m u m ,**?
U L o a u ...
t*w O m a n * ...
xm i#rL
KS.KO.tiiS
sitA W w o - I f *
^
^
i m u > s ,u y - 10-2
i m jm M H - « y s
*1,810,205 —20 2
8
..
,
vt*mrnt*,W -36*&f
1 6 .7 P W - i r o
iM U *m
.-.M usuttli-
iMR n m ..
W h a t * . ...
V aco , .............
:'0fi Wt>r%h..,
Bay City
p s * m : O ...........
fSnton..,..
Total MiddieWMt.ru.
^VA>,4WO
2,*H4A0S
< m jm :
0,440,781 ~te-7i
-6 r il
5.7UC-W2 - 2 1 8
6**42,4.02 - r . l
_ i**8i
2y^ 2.36£ -U C *
%n%$m ~v%
% m m >\ - M - t ;
■
100,4 30,X2 4
8H .057
A
1,20*,
478.82JI
6*5/230
im ,040
Salt Lake m r - , . l/oe Aaaelee..........
Helena................. .
i
l
117.605
?t
- i. < S a m «* -* * .. a— ***.*.
—§7 0
■
Total Padfla.....
MM* 0,40© -7*0
lie * * ? & » •J3'3 Sasaaj CStf
fiMMNtOT • m
)ilXlfiM90tla..aa . ... ***#.
—i y t
0ta«h*.....w.*...... ........
s s » ?
. *inro»iriuM&..
8 a « l a * * ..
3,051.. - 1 0 4
tJ»)0. .VT - 3 i
S j w O M - 44-*
4,09Mrt9 - 7 1 t,
iOM pfc ...I
8 £ S
«2 I3
228,177
150.032
Beattie.......
1
-* x n
K S & ? :::
H to tA i p » c » a c
Iforfoin.......
xiairto-a.
T a o o n te ........... . . . . .
®7,mfzm - i 7-71
tS,20t»,733.
tteu a t
ii,« 0 8 jr .9
IM T tsM a
S ; ^ :S A !
* ,r2 »,o io
&,7t«.54*
75?
tvet*,n*> 4-134
- «r 7
W M & lu
19.-,02,7a.- 7 ^
16*0 o,i*w -0*6
ll.CL *.00« 44-5
-0 -8
-8-1
^ :K i
6^-O .«0 h .
-42-1
!^ M 2 7 -6 5 3
.;
:
i 1-otAi ail.
m
sa stss
2.SOL00O
telDOkOOO
l,C«>A 11
3 k S K l . . . .. . . . . . . . . . . . . . .
O e o v e r ........ . . . . . . . a . . . —
DulatlJ.................
at. jo««ph..
M 36J 17
M7.3J2
a io a x c u y ..
L<eU 8i
Dm MoU . . . . . . .......
mm
L in c o ln .... . . . . . . . . . . . .
Wtetatt*.......... . . . . . . . . .
TO09lUSa.. . . . . . . . . . . . . .
F rem on t— ..............
T o ta l Otfecr W M U r n ,.
Z7.lHKi.3IS
St. L o oi*...,....... .........
1 8 .m .T H
7.834.1
W
N ow O r lo a o * ... . . . . . . . . . .
feoniarU!®.,.................
(WWUOT
1.078 «tt>
l,IW t.T «
ii> .n .(!is
daly««W m — ...................
H o iw u m .... . . . . . . . . . . . . .
I t ic h m o n d ..,....................
SftTMUUfe .**• . . . . . . . . . .
M em phi*........... ................
A tlanta ................... . . . .
SaahTUiO..................
e m its ?
881,000
1.06L,Ai8
741.018
D allas........... . ... ......
N o r fo lk ,................
W a c o . . . . . . . . . . . . . . . . . . . . ..
P ort W o r th ............ .........
8! rmlnjrhain. . . . . . . . . . . . .
0«3,762
3S0.7tH
368,388
428 241
JacknonvtUo....... .
178,092
it.l>H4.0v8
T o t a lS o a t fe a n i . . . . . .
T o t a l a l l . . . . . . . . . . . . ..
O o U id a Naw Y o r k ,.
0,400.000
6,328,013
2.7*7,000
l«
770,266
I S w ijT
M o n t r e a l......... .
$ 3 » .v e ? .* e 6 - m
’Not inctnOeO In totals.
0.449.163
6*043.^58
1*005.8*8
520.422
1894.
lt d , *17,0!
P. Cent.
-84-8
-6-8
U K
U .lO S .fS i
8,890,000
i
«
I.US.480
»;o.osu
’■ fe s l
is a a t a
8M .055
82,104,8*3
47.&IS.105
I0.5HIM79
1 0 ,l® .» * i
P
884,100
277*044
tKMfiO
m
m m «3 i
14,377 780
-ii?
-20*3
-2 4 -9
a
-4 0 -7
—14 9
-2 8 9
• fta o
SSS8
5SM13
-9 1
-2 3 1
71.4*0.100
+ !? ?
7S.0dl.541
U H
-3 2 7
;S 8
-17-8
+ 27 3
-20*9
—67*1
4.70+944
8.80 .911
3,017,000
-2 7 * 0
-3 1 * 4
—8*0
T
O
usi
918,444
S
169.3*0
z iff
- 72*1
-2*1.9
10.400/83
4.988.778
6481,1*0
m
K lL iS M 'W
—
£3*1
B,w o 'S *
-22*8
-45*1
-26*7
*
«
*81.041
819,000
9 .« n
m .m
79.1 VI
" h . so« , L i>
2 S S
-0 1 0
—#6*1
-3*0
U K
-31*3
-30*0
-19*3
S 5 &
2.001,1X11
i.s
Isvo
I f
107.45
-17*1
-30*4
-=3Ta
—20*4
10.406.300
3,7.11*358
695.0811
- m
-* « «
+4*9
-6 2 3
-4 0 6
1.148,7*t»
M
Jf
—25*8
#81,134
-if?
-33*8
-4 0 -4
-1 8 5
2,n'...M 6
i S i
i: »
1.131.09 >
-48*9
—13*9
-22*0
—
2*i
U3.&0Z
i« 5 U
30 M M
1M.8HI
37,090,SIS
-S i
iW .SiT
504,204
027.165
A H
—26’ *
90.80*
27,63d,09y
-29*4
82.1*7.870
S t i l . 0-7
e jb o .a o r
-/?1
19,487, UO
-1 3 2
L .1 W 9 1
1,04 0.960
2.0LH,l.f7
1.024,189
-37*4
-3 0 1
811.397
-6 * * 8
+3*0
f | i:r!
ii
L i . ...
1 *20,682
L275 603
1,073.003
856.S5U
750*640
+54*9
+2*7
S I
-12*1
.
HBS
—21*4
-6 2 * 2
St"
5C.IV5.4S6
7S1.ZS7.SM 1.024,957 .SOV
. Y..l,7ll,M»lisri 2.198*?>2.06* - « 3 6*JUn.<»,906 8,021,470^41 - 28H Toronto ......................
Halifax *................
•oaif#a£.
l
45.71S.370
60,701,417 -1
123,0X1.101
H 7.» a,1T » -15-V H am ilton .......................
io fo a s o .
^,182,107 -1
W , S i * S » - 1 3 5 W ln n lp a g e * ....................
m jm m .
littfAX .
ii* 4 > 2 ij
i«SHM.<al - 2 5
‘f e t a l C anada ..
2e?30, ' ■
iLSlS.IM - S i
F e * iw-ble of c l e a r , b * ( « lr « r » * « M e i‘» , » 5S.1.
ssai
8.21.L133
"S i
ladlanajKjiU ..
Granfl HapM*..
W , « » - IS*
fL h s S a a - s t r i
mi.671,805
3,166.077
P o rtla n d ..,
^§***
«ea* City ...i
88,316.174
Ooiambs*...,
Peoria,.,.,...
jw x m - m i
tt/ m & i - m ,
6SSL14-*
Obicaeo....... . . . . ........
CUseimuUi...............
m itia lw ..
- 30-2
m
IS L S
M ^ S
847,
847,486
■2.3.800
863.
Boetieeter................... ...
G m j/ m ■< " »
+ * « I'Taiieitct,
ph(8rt5«wa4........ '
I f t R L * k » City]
I p ftU i* . . . . . . |
i f l f c i i i a ......... . j
m m A .ri*»ie*..
51.373,015
M a M d iw + t i & Oatwttw......
i ,i s * , a n .dot 1.610,141,2 « i j - t r r
aeT»i*a4....
ijm s M i-w r *
U tttfM t %\%
-11*2
t0i.027.M 4
Ii!r.e!.«m!«.-.:.............
Scnwiton - ....... .........
Total Middle.........
u a 4 W .e e e { -M 0
• .
It
•
Tt.im alej -* r a
u .u r f.w —
i t - i : , «
,n i
iS ^ a p t w t - 4 » V
«,..cu..Y4j aw ♦
-1 ? 0
-22*9
—17*1
—*'2
■ ® iS S 7 i*
Waehlnaton.........
- d
-1-8
n& *
3yr»CB»e.,....... .....
«a «
-2 4 1
-7 0
Ki.Ml.SS9
itje n .w
lX.nir’ .M.)
164,607.100 -W O
~ ir o
104>«r.787.;-27>-4
s 9 ,Q fa .«* » L -^ 4
to , u e . m , - 11-6
IM 6 0 .7 7 & M 9 "?
-2 7 0
- 2 ft
taass
1,203,90.4
U .l&$.696?-1***
S . ^ ,W 7 ; - 23*9
IVceh End’s Mat. Si.
(P , CVm.
(-21*2)
C+59 0) ( A t i T . 'i s f !
w
u r i t n ln s t o a ..............
M iM M l ftf8
-m n
»p «u .
:86S,*«4t
raw Hut
Portland...
Fall Hirer.
Lowell.......... ...........
Stew Bedford..............
Total New HtaslaBd.
5»S.>ki.;c>
i.ai,Od;.460j
lord..
w in r n i« 8 » p « i-i
tljS & .tM )
t f e a L t w -+ J 0
„ ........
m s m m r ~ -s A *
“
CS>+~M *
>
*
it
i?«8ftM ooi ~w&
17.311.874 •-19*0
t
- i f f
-M P l!
S ift *
*,a*?,«6s
f
9 .7 m M $
. r - ; . i'
w*Xt tz&m - vtn j
W 7 7 . *m\
6 i.9 * u n
I W
>6
tero S to e * '
• ia x t o A u m .
f a t a l MW 4I«j
' 8 S & ?
S im a
1«U *7> _
S4k01«»0H
fc\S*7.3*l -
........ « iw r « .) |
(Brain............ku*htU.)
« s jk s 5 8
B c«on ........
Providence...
m r « Months.
woa.
Stew York ............. .
® (S t«L .
1S93.
tS M .
--------------------------------------- 1-
F o r t h e m o n t h o f M a r c h a n d t h e t h r e e m o n t h s t h e e x h i b i t is
as fo llo w s :
iswl
The week's total for £ 1cities shows a loss t f 23‘8 p.c. from '98.
.1
N. Y .
C L E A R m O HOUSE RETURNS.
|
N O . 1502.
4 «fS 8 W S 7
-28-8
706,961e50S
-3 0 T
-19*6 3*9,814.474
-23*6
- 10*1
73 0 .6 ^
597,992
+9*4
+37*7
-12*9
10,451,829
-2 6
09L6<W
10,310,090
s s .m #10
^ 0.656
533,173
840,990
13,880,2*1
4 I 4
—30T
THE CHRONICLE.
570
THE
6T *T E
M B
C IT Y B E T M T M S f l T ,
So© p a g e s O i l , 6 1 2 , 6 1 3 a n d 6 1 4 for our State
and City Department.
All advertisements with relation to State and City Bonds
will likewise be found on the same and following pages.
A n e w e d it io n o l t h e
ST A T E AU® CITY S U m E W E D T ,
revised to as near the day of publication as possible, will be
issued April 21.
THE FINANCIAL SITUATION.
The feature of the week has been the failure of the
attempt by the advocates of the Seigniorage Bill to pass
that measure over the veto of the President. It was
brought up in the House of Representatives on Wed
nesday, put to a vote at once, and failed to receive in
the affirmative the requisite two-thirds of that House.
So this last effort to disturb reviving confidence again
has ended in a failure. It is very doubtful whether
any further serious movement will be made by this
Congress to “ do something for silver.” Unquestionably
we shall have many new proposals introduced, for
there are representatives in each House who have no
other way of keeping themselves before the public, but
the inutility of the effort while President Cleveland
remains in office will most likely discourage any organ
ized and persistent consideration.
Other than this event nothing of importance has
transpired this week. Railroad earnings are without any
material change; clearings for March show only a little
improvement, as we have disclosed later on in this
article; yet business activity is no doubt increas
ing slowly. An industrial revival cannot record itself
at once either in the earnings or in the clearings.
New work and new transactions must b3 completed
before the chief results can enter into traffi), and pay
ments on account of the same be made before they can
find expression in banking operations. If there were
large stocks on hand of manufactured products a better
demand would more quickly be noticeable. An un
favorable feature are the strikes which are in progress.
They are not only unfavorable to the growth of business
revival but are every way unfortunate. la th e silk trade
the strike has forced merchants to order goods in large
amount abroad that were to be produced here, and in
the coke district the movement will, if continued, seri
ously interfere with industrial development in that
section which, at the moment it was ordered, looked so
promising. Then, too, what hope can labor have of
ultimate success in a time like this, when demand is
light and fitful and prices of goods so unremunerative,
even if the claim under better business surroundings
were j ust.
There has been no material change in the tendency
of the currency movement to and from this centre,
except that the shipments were larger last week, and
the same is true this week. It is not unlikely that the
items of cash and of deposits cannot be reconciled in
the Clearing House statement to be issued to-day.
This is a feature of all interest-paying periods when the
cash is reduced by the payment for interest, though
deposits are not affected because the coupons and other
vouchers are counted as cash. List week’s bank return
showed a further gain of $4,522,500 surplus reserve,
which then stood at $83,600,150. Loans were decreased
$1,775,700, reflecting calls in preparation for the April
rv o L .
l v iii.
settlements. The deposits showed an increase of $3,278,800, and this item then stood at $547,744 200, or
$103,945,500 in excess of the loans. Tnere was a pay
ment into the Treasury this week of $6,740,000
for the Cherokee land bonds. About half of this amount,
it is said, came from a trust company, presumably cash
out of its vaults, and the remainder from the banks.
There have been no new features in the market
for money on call this week, bankers' balances having
loaned at I f and at 1 per cent, averaging however not
much above 1 per cent, at which the bulk of the
business has been done. Renewals have been at 1 per
cent and banks and trust companies quote 2 per
cent as the minimum, while some obtain 2 f per cent.
Time money is also without change. Lenders offer
liberal terms and they are very indulgent as to the
character of the collateral, so long as it is good, but the
demand even on these terms is very light, and borrowers
apparently feel inclined to rely upon the call loan branch
of the market rather than to make contracts for fixed per
iods. Quotations are 2 per cent for thirty days, 2 f per cent
for sixty days, 5 per cent for four months and 3 per cent
for five to seven months. Commercial paper continues in
good demand for the best names, and the buyers among
the banks are competing with many merchants whose
capital and other funds are idle and seeking invest
ment in paper. The supply of really prime names is lim
ited, and ordinary paper does not meet with ready sale,
as there is still a disposition closely to scrutinize names.
Rates are 3 per cent for sixty to ninety day endorsed
bills receivable, 3 f to 4 per cent for four months com
mission house names aud 4 f to 5 per cent for good
single names having from four to six months to run.
One feature in London this week was a sharp rise in
bar silver to 29f pence per eunce on Wednesday, fol
lowed by a fall on the next day to 28 3-16 pence. The
advance was mainly due to an oversold condition of
the market, caused by sales to arrive, and before the
metal was received there arose an urgent demaud from
the East which compelled re-buying. By the time this
inquiry was satisfied the silver in transit came into the
market and consequently the price fell. The Bank of
England minimum rate of discount remains un
changed at 2 per cent. The cable reports dis
counts of sixty to ninety-day bank bills in London
I f per cent. The open market rate at Paris is 2 f per
cent, at Berlin it is I f per cent and at Frankfort I f per
cent. According to our special cable from London the
Bank of England gained £107,077 bullion during the
week and held at the close of the week £30,897,197. The
Bank of Germany reports a loss since the last return
of 50,041,000 marks, probably due to settlements for
the Austrian loan which was negotiated in Berlin.
Our correspondent in London informs us that the gain
by the Bank of England this week was due to the ship
ment of £276,000 to the interior of Great Britain and
to the import of £383,000, of which £222,000 were
bought in the open market, £102,000 came from Egypt,
£32,000 from Australia and £27,000 from Portugal.
The foreign exchange market has been dull though
firmer this week, but it continues very narrow and
easily influenced. Early in the week about £200,000
of sterling cables were sold by one of the Canadian
banks against a Quebec loan for $3,500,000, negoti
ated in London, and the offerings were promptly ab
sorbed, there being an unsatisfied demand to remit for
interest on securities held in Europe. Tue arbitrage
houses were pretty liberal sellers of stocks and bonds
for European account, and this was accompanied by an
A pril
THE CHK0N1CLE.’
1 , 1894.1
inquiry from them for bills, which kept the market
quite bare for the remainder of the week, and
at the same time there was a fair demand to
remit for sugar and coffee, but a light inquiry was
noticed from other mercantile sources. The recovery
in rates was not uniform, only Brown Bros, advancing
on Tuesday. On the following day Baring, Magoun
& Co. and Lazard Freres moved their rates upward,
and on Thursday the Canadian Bank of Commerce and
Heidelbach, Ickelheimer & Co. posted the higher
figures. The market closed dull and steady on the lat
ter day.
It was then reported that the Bank of
France had reduced its bidding price for American
gold, but the fact is the change was made two months
ago, the Bank now taking American coin on a basis of
899^ fine instead of 900 fine as formerly. Bankers think
it unlikely that any gold will be sent forward in the
near future unless there should be an unexpected
demand lor sterling which cannot otherwise be satis
fied. The following table shows the daily changes in
rates of exchange by leading drawers:
Frf..
M m r. 30,
Brown Bros....
g *
Bart it*.
100 day*.*
Mmtoan & Co. 1 Sisrhu...
Bank Britt*!* ( 6 > days.. m i
*
Wo. America-. f Bight..*. - m
Bank of
j m day*..
%%*
W ed,
A w -*.
SB
mt
ip *
805*
Mom. Tuea*
Apr. 2. Apr. 3.
£*
u* 2*
m*
m
87H
m
£*
ip *
Cmnmihm Baals jtM <$*£*«,
*
of Cowmmm. \Sfirlit.....
Sai4«ib*«i*,tek- $00 day*., mi.
aihmmm & Co ?
.. m
g *
t*s»r<! PrenHu. { 1
B
O
V * g*
P
g*
mu
m
mu
m
w*
w*
2“
m%
m
m
mH
8*
Ik
a o sT iii.r ou sak ito *.
Clmrin#*., IM*|- AS.
BA SK CUEAUrSOS AT LEA.DINO CITIES.
rooo.ooos
omitted.)
New Y o rk ...
Chicago........
Boston,.........
Ttnu-A.
FTL,
Philadelphia
Apr. 5. Apr. 6. 8t. lam ia___
as
San Fran’eo.
so*
Baltim ore...
1’Utsburp ...
MX
C incinnati...
m%
Sew Orieana
m
Kansas City.
875f8
m i
LoulsvIUe...
wTT
Buflalo .......
Mluaeanoll*.
M llwsafeit..
ft*
m
m
D etroit........
mn
m i
Providence..
m
m
O m aha.. . . . .
WH
Gtevslanil...
mu
Denver........
88 for sixty St. Paul.......
The market closed very firm at 4 87$ to 4
day and 4 89 to 4 894 for sight. Rates for actual busi
ness were 4 87 to 4 87| for long, 4 88$ to 4 88$ for
short, 4 884 to 4 88$ for cable transfers, 4 861 to
4 86} for prime and 4 86$ to 4 864 for documentary
bills. The steamship La Bourgogne brongbt on .Mon
day #250,000 in Spanish gold in transit to Cuba.
Bank clearings a r e beginning to make slightly better
comparisons with last year. We have this week prepared
our statement for the month of March, and it shows a
decrease as contrasted with the corresponding month in
1893 of only 30-8 per ceut as against a decrease of 36*9
per cent for February, and a decrease o f 32*2
percent for January. Outside of New York the show,
ing is
even better, the decrease
being
but
216 per cent for March, as against 26*5 per
cent for February and 22*0 per cent for January.
Moreover for March tho comparison is with figures
last year which had shown an increase O T er 1892, while
in February we were comparing with figures which
had shown a d e c r e a s e . Even at New Y ork, where the
ratio o f decrease continues exceptionally large, owing
to the check upon financial enterprises which the de
pression has occasioned, and to the falling off in Stock
Exchange speculation, there is a change for the better,
the decrease for March being only 37 per cent aa
against 43*7 per cent for February.
571
-- ----- -— ...................... .... .................... ..... t -... ......... " .....
..
the last of these is a Southern city, and the mining
centres in the South still show large decreases— B ir
mingham 35*1 per cent, Chattanooga 53*6 per cent,
Nashville 53*1.
Nevertheless, the Southern sec
tion as a whole has done about as well as any,
showing only 19*6 per cent decrease,
which,
does not differ greatly from the decreases shown by the
New England cities or those of the Middle States,
the declines there being respectively 19*7 per cent and
19*0 per cent. For the Middle Western section the
decrease is as much as 24*4 per cent, for the farWestern cities 27*1 per cent and for the Pacific States
26*0 per cent, these sections therefore still suffering
more severely than others. The following furnishes a
comparison of the clearings for four years at a num ber
of the more prominent places, both for March and the
quarter ending with March.
.--------------- Maroh.----------------,
1894. 1993. 1892. 1891.
$
*
S
*
2,019 3,251 3.201 2,146
404
343
443
331
349
433 394 381
212
294
252
323
90
91
99
108
55
07
0?
78
' 60
63
56
64
59
60
83
51
50
02
59
53
47
33
44
45
39
30
49
36
2S
35
29
31
20
*30
33
33
21 *
27
80
*23
40
IS
22
27
22
31
24
28
23
25
22
IS
21
30
17
22
27
IS
24
20
12
22
22
19
20
13
10
20
,— January 1 to Mar.
189-1. 1893. 1892.
8
S
*
5,938 9,879 10,0-17
1,006 1.296 1,107
1,031 1,301 1,211
699
962
970
280
317
295
193
157
193
162
1»5
202
152
184
179
154
192
182
159
129
115
114
139
lie
82
91
106
77
103
99
62
86
92
55
112
83
90
67
79
50
«4
09
60
92
68
77
55
<J8
34
60
63
02
61
38
31.— ,
1891,
$
7,708
973
1.133
802
270
210
176
159
163
103
105
92
90
68
70
69
69
51
61
53
48
T o ta l.........
Other eitic*..
3.553
20 ?
5.132
272
5.008
246
4.028 10,408 15.691 15,480 12,533
208
038
810
736
641
Total a ll...
Outside .v y.
3.700
1.711
5.434
2.1S3
8,311
2.053
4,234 11,040 16,501 16.210
1.7SS 6.108 0.622 6.169
3,174
5,466
We have referred above to the falling off in S tock
Exchange business. There was a little more activity in
March than there had been in February, and yet the sales
for the month aggregated only 4,755,383 shares, against
7,390,694 shares in March last year. It is of course
understood that a large part of the stock dealings on the
Stock Exchange are cleared through the Stock Exchange
Clearing House, and therefore do not figure in the or
dinary bank clearings. But as pointed out on previous
occasions, Stock Exchange business does affect these ban k
clearings notwithstanding the arrangement between
dealers for clearing Exchange transactions, and in this
sense the difference between a large and a small vol
ume of business is very important. The transactions
for each month of the quarter are shown in the fo l
lowing.
o r ft To* IK A T T H E M EW Y O R K HTOCK E X C H A N G E .
WM.
Month.
4*0—
r a h .,..
M arch.
ffum hrr
-a/ ffharts
1893.
Vatutt.
P a r.
78,5*71 310.5#;.2SO
I.TISWSSi * « * , « * , 000
A ctu a l
N u m ber ;
a ! Share,.
Value,.
p„
A ctu a l
t
|
*
»
287^*3.270 ih .s s a .M i' o«4,ssi,e * 5 ¥ 706,048,123
1#MS71,53(! 10,7*3,92#! 888,537,950 506,749,916
281406,7*8 7.390.4M; Ii«7,7«7.100 453,432,872
U t or m « ! s M :l.*W .***.770 T 5s.101.5M 28.717.580 2,518.88(1,875 1,726,830,646
It will be observed that the market value of the sales
in March 1894 was only .281 million dollars, against
MW.
1SSO
,
P .(X
tm .
mbs .
Ip. in
1
453 million dollars in March 1893.
1
i
1
famthry
-.St"®
W H M M K -22'0
There are no important changes to note in railroad
—
tHUi
M.ar«h„
—
-a#-*! 1,7:1
MO.7is.oatj -at * I earnings.
The roads which have thus far reported
1®! oftasm
~4tn
6.021A70JW1! - M 9 1 their figures for the fourth week of March show a
j
As in tho previous month, there are a few pan t* loss in the aggregate of 13*73 per cent. For the third
which are able to show increased clearings as compired week of the month our final statement records a loss of
with 1893 in face of the adverse business conditions. 13*28 per cent.
We shall print next week our usual
They are New Bedford, Binghamton, Indianapolis, monthly statement and review, but have prepared this
Topeka, Fremont and Savannah— six altogether. Only week joreli mini nary aggregates covering the returns .
Mmm.
OttHfimp Uafsfcit stme Tat.
572
THE CHRONICLE.
received tip to the time of going to press. Accord
ing
to these preliminary figures the loss for
the month is 13 *04 per cent. The Denver & Rio Grande
has issued its return of gross and net earnings, for Feb
ruary. The gross has fallen off $188,132, the net $85,635 ; for the eight mouths to February 28th, with a
decrease of $1,991,876 in gross, there is a decrease
of $1,100,896 in net. It is noteworthy that
notwithstanding this heavy loss in net, involving a
contraction of the total of the net nearly 40 per cent,
the company nevertheless has earned its full pro
portion of the charges for the eight months,
with a surplus left
over of $130,243.
The
Mexican Central for February reports an increase of
$87,417 in gross earnings and an increase of $47,473
in net, and for January and February combined an in
crease of $169,972 in gross and of $131,773 in net, the
figures being all stated in Mexican currency. The
Louisville & Nashville has lost $336,441 in gross and
$112,702 in net for the month, and $2,468,506 in
gross and $769,295 in net for the eight months since
the 1st of July. The Oregon Improvement Company
reports for February gross of $261,424 against
$248,215, and net of $35,460 against $24,469 ; the
Minneapolis & St. Louis gross of $125,223 against
$126,375, and net of $49,159 against $37,660 ; the
Mexican International gross of $180,643 against $165,809, and net of $84,298 against $44,633 ; and the Phil
adelphia & Erie gross of $239,640 against $322,573, and
net of $60,264 against $67,547. The Flint &
Pere Marquette has added $5,687 to its gross, while
reducing expenses $45,844, thus producing a gain of
$51,531 in net. For March the Georgia Railroad has
gross of $121,293 against $130,047, and net of $28,050
against $31,607. For January the Columbus Hocking
Valley & Toledo reports a decrease of $91,838 in gross,
offset by a reduction of $45,909 in expenses, leaving
the loss in net $45,929.
The following statement, made up from returns col
lected by us, shows the week’ s receipts and shipments
of currency and gold by the New York banks.
treasury
(Von. LYIII.
reserve
FUR TIIER
BOND
SAFE WITIIOU1
SA LES.
The monthly Treasury figures have even greater in
terest now than at any former period. To be sure the
daily publication serves a certain purpose. But the
fuller and comparative data we are able to prepare the
first of the month are more than ever needed. The
acute distrust which has prevailed was so intimately
connected with the loss in the Government reserve
that now, notwithstanding the loss has been made good,
there can be no return of full confidence until there is
an assurance that the restoration will prove permanent.
Doubt on that point is easily raised because Treasury
disbursements have for so many months been much in
excess of the revenue, and this fact is constantly used
to encourage apprehension by writers, more especially
in Europe, who exaggerate every unfavorable feature.
It is for these reasons highly important
to
know the exact condition of the Treasury from month
to month.
The first fact worthy of notice is that this month’s debt
statement reports the full amount of the Government
five per cents put out to replenish the reserve. On the
first of March the amount reported was $40,831,150.
The total now outstanding of this issue of bonds is
$49,900,000. Since the first of February to the first of
April the interest-bearing debt has increased $49,900,840, or $840 more than the amount of the sales under
the Treasury offer. This further small addition to the
interest-bearing debt is apparent, not real. It has been
brought about by the presentation and redemption of
$1,560 of the old refunding certificates that stand in
the debt statement at their face value but carry 4 per
cent interest since February 26, 1879. This $1,560,
with interest for 15 years, called for $2,496, and as the
certificates are convertible principal and interest into
4 per cent bonds at par, there has been an addition to
the total of that class of bonds of $2,400, the $96
remaining being paid in cash. At the same time the
$1,560 (face value of the certificates) have, of course,
dropped out of the Government statement, so that the
Received by Shipped by
Net Interior
Week Ending Apr. 0,1894.
net addition to the interest-bearing debt is nominally
N. Y. Banks. N. Y. Banks.
Movement.
$7,954,000 $3,291,000 Gain.$4,663,000 $840, or just the amount of interest which was owing
Sold.................................................
900,000
700,000 Gain. 200,000
on the certificates less the $96 paid in cash.
Total gold and legal tenders_
_ $8,854,000 $3,991,000 Gain.$4,863,000
By the sale of $49,900,000 bonds, the Government
With the Sub-Treasury operations the result is as
must have realized the latter part of February about
follows.
58£ million dollars cash, less the purchases settled for
in March, which amounted to about $800,000. We do
Out of
Net Changein
Into
Week ending Apr. 6, 1894.
not know the precise Treasury situation or the relation
Banks.
Banks.
Bank Holdings.
R&nks’interior movement, as above $8,854,000 $3,991,000 Gain.$4.863,000 of ordinary receipts to disbursements just prior to and
14,000,000 16,200,000 Loss. 2,200.000
while the bond proceeds were being deposited. It
Total gold and legal tenders...... $22,854,000 $20,191,000 Gain $2,063,000
was reported that some large payments were deferred
The following table indicates the amount of bullion that month and not settled until after this new money
in the principal European banks.
began to come i n ; at all events the ordinary receipts in
February were smaller than in any month since August
April 5. 1894.
April 6.1893.
Bank of
1893. Taking the facts as they stand in the monthly
Silver.
Total.
Gold.
Gold.
Silver.
Total.
£
£
£
£
£
reports, we find the total cash in sub treasuries and
£
England------ 30,897,197
30,897,197 25.491,018
25,491,018
If to that
France......... 69,176,724 50,902,521 119,979.245 06,543,000 50,990,000 117,533.000 banks on February 1 was $123,763,013.
Germans*— 32,124,750 30,708,250 42,833,000 31,850,260 10,616.750 42.467.000 amount we add the proceeds realized in February from
Anst.-Hung’y 10.272,000 10,296,000 26,568.000 10,434,000 17,475,000 27,909,O( 0
7,918,000 8,2u0,000 16,118.000 7,713,00b 5,852,0(4 13,565,000 the bond sales, the amount of the corresponding item
Spain...........
Netherlands.. 4,335,000 7,09P,000 11,434,000 3,183,000 7,180,000 10,363 000
on March 1 ought to be about 181£ million dollars.
Nat.Belgium* 3,112.607 1,556,333 4,669,000 2,9f 8,000 1,479,000 4,437,000
Tot. this week 157,736,3t8 04,762,104 252,498,442 148,172,268 93.592.750 241,765 018 Instead of that the cash holdings reported at the latter
Tot. prev. w’k 159,585,020 95,054,430 264,640,050 149,592,053 92.403,333 241,995,380 date were $175,771,559, showing a loss in February,
* T ie division (between gold and silver) given in our table of coin
and bullion in the Bank of Germany and the Bank of Belgium is made including deferred payments settled, of about 5J million
from the best estimate we are able to obtain; in neither oase is it dollars.
On the first of April this total of cash holdings
claimed to be accurate, as those banks make no distinction in their
weekly retur ns, merely reporting the total gold and silver, but we was $174,679,392, showing a loss in the item in March of
believe the division we make is a close approximation.
N ote .—We receive the foregoing results weekly by cable, and while $1,092,167, plus $800,000 proceeds of the bond sale
not all of the date given at the head of the column, they are the re
which we reported a month ago was not deposited in
turns issued neatest to that date—that is, the latest reported figures.
APRIL 7, ISM.]
THE CHRONICLE.
573
February. Stated in our usual form, the following the prospective losses in Treasury cash during
gives the situation of the Treasury on the first of each the next three months will not in any event be
sufficient to leave the Secretary without a good working
month since the New Year began.
Iam .1,’94. I'<b. 1.
Hch. 1, '91 Apr. 1, 94. balance above the hundred million reserve.
Should
SAUiws in S u b -T tm m H e s —
t
i
t
}
Net gold com and baltfoa.......... S9.S91.M0
85.flW.17S 108.537,089 108,119,138 the result with reference to the tariff bill be reached by
Ket Oliver coin and bllfflort....... 8,985.881
7.680,013
7,544,767 10,830,360 the first of July, the Customs duties would be almost
Net U. S. TraaMuy twtes_____ 1.191,884
2,315,500 11.913,418 11.533,482
On that point there can he
Net legal tender notes................ 8,OM.2i,2
3,387,190
5,305.153 3,389,000 immediately enlarged.
Net national bans notes............. 13,367,888 14,62*.887 12.840,479 10,758.899
no question.
Stocks of goods are at a minimum.
Set SraeOOnal silver.................. ll.«3S,«7
16,932,847 16,594,888 17.073.38S
Total casta InSutv-Treaa’a.neLl 17,143,013 li» ,372,017 1*0,845,M 159,014,085 No merchant is importing any dutiable article except
W
Amount In national banks......... 15,201,045 15,3W,3SW 11.924,180 15,084,697 to supply a pressing need.
T o that circumstance is
C ash In Banks & Stffi-Treas. 133,314,087 123,703^13 17S.771.553 174,079.393
largely due the extremely small imports now. F or
D e d u c t otter Ilatoimes* net... 11,988.838 39,080,911
37,109,19 1 40,729,307
A c t u a l cash balance-.......... 9037X5M
M ,i»3.0»9 138.efl3.SW5 133,950,035 months after a new hill goes into effect, or in case the
bill is defeated, after that result is established the
• Chiefly “ disbursing officers’ balanoe*.”
In
The foregoing is certainly an encouraging exhibit. imports will he considerably above normal.
It may be said that if we had compared for the considering the future of the Treasury situation that
last two months the “ Actual cash balance " t h e re fact is highly important. It affords added assurance
sult would have been a los3 in March of #4,712,340 and that whatever may he the outcome of tariff legislation,
consequently les3 favorable than shown when using as the promise is that a long time will elapse before
we have done the “ Cash in Banks and Sub-Treasuries.” another bond sale will be required, for Customs
That is true, but it is less favorable simply because duties are now down to I I million dollars; indeed they
disbursing officers’ balances (included in the liabilities have averaged only #10,709,000 for the last six
-deducted) were at the end of March $3,481,128 larger months against $17,526,000 for the same six months
than at the end of February. As that item represents a year ago and #20,217,000 for the calendar year of
-cash still on hand, though charged over to the accounts 1890. Ilcnce in the most unfavorable view which can
o f disbursing officers, our way of presenting the con be taken of the-situation there i3 no reasonable ground
dition is the more accurate. Taking then the state of for the fear that the Treasury will not be able to sustain
the Treasury as it was on the first of April, and judg itself without further recourse to bond sales.
ing the future by the changes which h.ave taken place
since the proceeds of the bond sale were incorporated, WHY LOSSES IN EARN IN GS OF N EW Y O R K
CENTRAL, P E N N SY LV A N IA AND
the situation and outlook are gratifying.
We do not, however, think we are authorized to
E R IE VARY.
assume that no greater loss in the Treasury cash will
The fact is attracting attention that the extent of
occur in xlpril t han occurred in March. The first of April the losses in earnings of the different trunk lines under
an interest payment fell due on the 4 per cents which the unfavorable conditions prevailing varies widely—
-called for about 5| million dollars. That is an extra that some of the roads are faring much better than
disbursement, and other things being equal it would others, the New Y ork Central for instance having
make an additional inroad on the cash holdings in its much smaller decreases, both relatively and absolutely,
full amount. It is possible that the Government reve than the Pennsylvania, and the Erie also having sus
nue may be larger in April than in March. Customs tained heavier losses than the Central. The figures
receipts were small in March; and as business is devel are very interesting. Taking first the month of F eb
oping some improvement may occur, though that is ruary, the latest period for which we have the returns, we
not probable in face of the fact that within two or three find that the New Y ork Central, as compared with the
months the great uncertainties with regard to the tariff corresponding month in 1893, fell behind in its gross
which have been raised by the proposed legislation will earnings only #281,061, or less than 9 per cent, that the
be settled. Internal revenue receipts ought to expand Pennsylvania fell behind #1,124,718, or nearly 23 per
if general trade improves, and yet even that item is Dot cent, and that the Erie suffered a decrease of $553,125,
likely to increase much, for it was quite full in March, or 26 per cent. For January and February combined the
It would seem us If there was better reason for antici showing is of like character, the Central having lost
pating a falling off in disbursements. They were #566,308, or but little over 8 per cent, while the Penn
heavy last month under the head of “ ordinary disburae- sylvania has lost #1,888, L34, or 18 per cent, and the
■ menta,” as well U for pensions.
“
3
Erie #999,353, or 23 per cent. If we take the whole of
There is one item of receipts since the first of April we the eight months from the 1st of last July to the end of
have taken no account of. We refer to the payment to the February, the result is no less str iking. For that period
Government this week of #6,740,000 on account of the the Pennsylvania (in the present analysis we are speak
Cherokee bond purchase by It. T. Wilson & Co. This ing all through only of the so-called lines east of Pitts
money of course is trust money and will be paid out burg and Erie) has lost in gross $5,544,720, or about 12
agaiD. The transaction, as we have on a previous per cent, and the Erie #2,219,387, or 11 per cent, while
occasion mentioned in our State and City Department, the Central has lost only #792,429, or but 2^ per cent.
grows out of a purchase by the Government from the
To a great many persons such wide variations will
Cherokee Nation of certain lands which were thrown appear inexplicable, and it will be argued that the
open to public settlement some time last summer. The Central has been simply gaining at the expense of the
money is held to the credit of the Cherokee Nation other two roads. The conclusion is not warranted, and
and is to be distributed on a per capita basis and may is based on a lack of knowledge of the differences in
continue in the Treasury for some time awaiting distri the character and composition of the traffic of the three
bution among the claimants. But as the fund is simply roads. Those not informed regarding these differences
a trust fund, the money doe3 not affect the questions may think that the traffic conditions are substantially
the same in case of all the trunk lines. The lines
we are discussing.
Aside then from that payment, the foregoing certainly do have some points in common. They
facts and
the
suggestions made indicate that all carry more or les3 through freight between the
574
THE CHRONICLE.
seaboard and the West, and are subject to the
charges in these classes of traffic; a falling off
in the movement of grain, of provisions, of
dry goods, or of numberless other commodities and ar
ticles, will be quickly felt by all of them, even if not in
exactly equal degree. Changes in rates, too, affect all
the lines, and though made to apply only to the through
and competitive traffic, frequently extend to the local
and non-competitive traffic. But while there are
points of similarity like these, there are also marked
points of dissimilarity. These relate more particularly
to the local traffic. Take those two great companies,
the New York Central and the Pennsylvania. Their
local traffic is in the main totally unlike. The one has
its lines in New York State, the other in Pennsylvania.
Both are great manufacturing States and both have a
very large population. But the manufacturing indus
tries are by no means the same in each, and the traffic
which the roads get from such industries is also far
from the same.
In two essential particulars the two States differ very
greatly, that is, in the production of pig iron and the
manufacture of finished forms of iron and steel, and in
the production of coal, both anthracite and bituminous.
In the late calendar year the output of pig iron in
Pennsylvania, after a falling off of over half a million
tons, was 3,643,022 gross tons of 2,240 lbs.; in New
York it was only 191,115 tons—that is, the make of
iron in Pennsylvania was nearly twenty times as great
as that in New York. But this relates simply to the
manufacture of the raw metal, which is only one ele
ment in Pennsylvania’ s supremacy as the greatest iron
and steel producing State in the Union. In the manu
facture of finished iron and steel the same disparity
exists between the products of the two States. Take
Bessemer steel ingots, for instance; Pennsylvania pro
duced 2,034,058 tons of these in 1893 (after a falling
off of over one-third of a million tons from 1892), while
the quantity produced by New York was so small
that in the statistics New York is classed under “ other
States.” Of Bessemer steel rails, Pennsylvania turned
out 639,431 tons, while New York does not appear in
the list at all. Taking all forms of rolled iron and
steel, Pennsylvania was credited in 1892 (the figures for
1893 are not yet available) with 3,302,506 tons as
against only 134,069 tons for New York, or twenty-five
times as much.
These are only a few specimen illustrations, and they
could be almost indefinitely extended. Their bearing
upon the losses of earnings reported by the New York
Central and the Pennsylvania Railroad is easily seen.
The Pennsylvania lines grid-iron the great iron-pro
ducing sections of the Keystone State, and hence the
road [gets the immense traffic— ore, limestone, coal,
coke, raw iron, finished iron, etc.— arising from these in
dustries, in which Pennsylvania holds such a pre
eminence, while the New York Central, being in
another State where these industries are absent or
exist only to a limited extent, is necessarily in great
degree excluded from such traffic. This is a circum
stance which would in any event operate to the disad
vantage of the Pennsylvania Railroad in a period of
such extreme industrial prostration as the country is
now experiencing. It so happens, however, that in the
general business depression the iron and steel trades
have suffered beyond any others. We have many times
referred to the record of the furnaces in blast in illus
tration of the great contraction whic*i has occurred in
these trades. The figures are pertinent at this juncture.
[Von. LYIE.
According to the “ Iron Age” the number of active fur
naces in the country dropped from 251 on May 1,1893,
with a weekly capacity of 181,551 tons, to 114 on October
1, 1893, with a weekly capacity of 73,895 tons—a con
traction of 60 per cent in the output. There has been
some recovery since then, but up to the 1st of Febru
ary the total had not got back to one hundred thou
sand tons, and even on the 1st of March it stood only at
110,166 tons, being 71,385 tons less per week than on
the 1st of May last year, the number of furnaces in
blast beiDg 133 against 251. These figures, as already
stated, cover the whole country, including Pennsyl
vania. In the State of Pennsylvania by itself the
number of active furnaces was reported as 56 on Febru
ary 1, 1894, with a weekly capacity of 53,573 tons, and
63 on March 1, 1894, with a weekly capacity of 61,062
tons, as against 107 furnaces on May 1, 1893, with a
weekly capacity of 86,841 tons. Thus even after the
resumption of work in several furnaces the aggregate
number of active furnaces was but little more than
half what it was the 1st of last May, while the weekly
production was 25,779 tons less (or nearly 30 per cent)
than at that date.
We have stated above that aside from Pennsylvania’s
prominence as an iron and steel manufacturing State,
there was another main particular in which the State
differed from New York, and that was in its large pro
duction of coal. The iron and steel industries of
course consume enormous quantities of coal, but it is
not that alone which makes the coal production heavy.
The State is rich in coal fields, both bituminous and
anthracite, and coal-mining is carried on on a very ex
tensive scale. The State supplies not only its own
local wants, but immense quantities of coal are shipped
out of the State to supply the needs of other sections
for manufacturing and family uses— to the New Eng
land States, to New York, to the West, the North, etc.
Persons not familiar with the subject hardly appreciate
to what prodigious proportions the yearly output of
coal in Pennsylvania has risen. The estimates of the
best authorities fix the yield of coal by the mines of
that State in the calendar year 1893 at over 99,000,000
tons—that is, but little short of one hundred million
tons. In the same twelve months our own State pro
duced not a pound of coal.
With this vast difference in the coal production of
the two States— 100 millions against nothing— with
the manufacturing industries of the New England
States, the Middle States and the Western States, all
of which draw much of their supplies of coal from Penn
sylvania, so greatly paralyzed, thus cutting off a large
part of the customary demand for coal, with the mild
winter operating at the same time to reduce materially
the demand for anthracite for family consumption,
with the iron and steel trades, which are of such con
trolling importance in Pennsylvania, depressed beyond
any others in the country, it can occasion no surprise
that the Pennsylvania Railroad should be suffering
much heavier losses in earnings than the New York
Central with its lines in New York State. Of course,
in the distribution of coal from Pennsylvania to manu
facturing establishments in New York and the New
England States, the New York Central gets a share,
and to that extent it is affected by the falling off in
the coal shipments the same as the Pennsylvania
Railroad.
But the Pennsylvania is the largest coal-carrying
road in the country, and transports at least five or six
times as much coal as the New York Central. In the
A p r i l 7, 1894.]
THE CHRONICLE.
575
year ending Jane 30, 1893, the coal and coke tonnage earnings reflects the depression prevailing in these dis
of the Central amounted to 5,854,456 tons; in the tricts, as also the paralysis of trade everywhere.
year ending June 30, 1892 (this is the latest year for
which we hare the figures at hand in this case), the
Pennsylvania transported over its lines east of Pittsburg
IRON PRODUCTION IN THE UNITED
and Erie of coal and coke no less than 30,271,823 tons.
STATES AND GREAT BRITAIN.
The same striking difference exists in the iron and
The British Iron Trade Association has published its
steel tonnage. The Central in the year ending June annual statement showing the production of pig iron
30, 1893, moved 323,642 tons of iron and other ores in Great Britain during the calendar year 1893. The
and 549,835 tons of pig and bar iron and steel, and figures possess interest because in the United Kingdom,
iron and steel rails, or 873,477 tons together; the as in the United States, the iron trade furnishes
Pennsylvania on the other hand in the year ending somewhat of a gauge to the condition of general trade,
June 30, 1892, moved 2,134,884 tons of ore, and also because the two countries are the leading
2,067,766 tons of pig and bloom iron, 447,337 iron-producing nations of the world. Great Britain
ton3 of iron and steel rails, 1,712,873 tons of yielded first place to the United States a few years ago,
other castings and machinery, and 738,868 tons of bar and it is important to know how its product compares
and sheet metal, making 7,101,728 tons together, with ours, and likewise how the output of the two
against the 873,477 tons moved by the Central, the one countries for 1893 compares with the output of pre
thus being over eight times the amount of the other. vious years.
Combining the coal and the iron and steel tonnage
In both the United States and Great Britain the
we get a total of 37,373,551 tons of these classes of conditions during 1893 were exceptional. In this coun
traffic for the Pennsylvania lines east of Pittsburg and try indeed they were extraordinary, as we know, owing
Erie against only 6,727,933 tons for the New York to the panic and the derangement of all industrial in
Centra], the excess on the side of the Pennsylvania being terests which has followed that event. What effect this
over 30$ million tons. The classes of traffic mentioned state of things has had upon the iron and steel trades
form 31*57 per cent of the Central’s freight tonnage has been often told in these columns, and does not re
and no less than 68*25 per cent of the Pennsylvania’s quire repetition here. Suffice it to say that in no other
tonnage. We think nothing else is needed to show department of .industrial activity has the contraction
why the losses in earning3 of the latter road are both been so pronounced as in this branch of manufacturing,
absolutely and relatively larger than those reported by competent authorities declaring that the decrease in
the New York Central. In fact, under the circum production during the last six months was the largest
stances, any other result would be a decided surprise.
of any semi-annual period of which there is statistical
As to the Erie, its losses in earnings are heavier than record. In the United Kingdom, on the other hand,
the Central's for much the same reason, with this fur there were also some special influences restricting the
ther difference, that the Erie haa an exceedingly large make qf iron. Chief among these was the great coal
tonnage in anthracite coal, the shipments of which strike in the Midland districts, which involved about a
have fallen off so materially the present year on ac quarter of a million miners and lasted for a period of
count of the mild weather. According to the state nearly four months— from the latter part of July to the
ment of the Bureau of Anthracite Coal Statistics the 20th of November. This strike cut off the supplies of
total amount of anthracite sent to market up to March fuel, and not only affected the output of iron but
31 the present year was only 7,383,247 tons, as against caused a very decided stoppage of industrial activity all
9,997,826 tons in the corresponding period last year, through Great Britain.
the decrease thus being 2,614,579 tons, or over 25
In the face of these adverse circumstances we find
per cent. Now consider this fact in its relation to that the United Kingdom produced a somewhat larger
the falling off in earnings by the Erie.
As quantity of iron in 1893 than in 1892, the output being
far as the tonnage in iron and steel is concerned the reported 6,829,841 gross tons of 2,240 lbs., as against
differences between the Erie and the Central are not 6.616.890 tons in 1892. The favorable character o f
important. Bat of coal and coke the Central, as these comparisons, however, is qualified upon a con
already stated, carried in 1892-93 only 5,854,456 tons, sideration of the fact that in 1892 also there had been
while the Erie carried 10,313,410 tons. The Central's a coal strike, but in a different section— we mean the
coal and coke tonnage formed only 27*47 per cent of Durham strike, which lasted for a period of twelve
its entire freight tonnage, while that of the Erie con weeks—that the production in that year fell off over
stituted 59*58 per cent of the whole. Bearing in mind six hundred thousand tons, that in the years preceding
at the same time that the larger part of the Erie’s coal there hail likewise been a falling off, and that the 1892
traffic is anthracite, it becomes evident at once how output was really the smallest of any year since 1879.
greatly the road is being affected by the very decided con Ibis indeed was the subject of gloomy comment in
traction in the anthracite shipments. In a word, the Great Britain at the time, attention being directed to
Erie, besides suffering in its merchandise and general the fact that while the make of iron in 1892 aggregated
traffic from the industrial depression prevailing, is suffer 6.616.890 tons, in 1871 the output had been 6,627,179
ing in addition because of the heavy losses in this special tons and in 1872 6,741,929 tons, so that the country
and largest item of its freight tonnage. We have said
had been set back twenty years. The explanation
nothing regarding the Baltimore A Ohio, another one of the low total however was perfectly obvious.
of the trunk lines which is reporting quite heavy losses Great Britain’s production is not all needed for
in earnings. But the situation of that road compares home use. Quite a large part of it is exported to
quite closely with that of the Pennsylvania- It has a other countries, much of it in finished forms. It so
very heavy tonnage in coal and coke, and its lines happens that trade for a number of years has been
traverse some of the important iron and coal and coke depressed all over the world, and that as a consequence
producing districts of Pennsylvania, Maryland and the demand upon the United Kingdom for iron and
West \ irginia. The diminution in the company's steel fell off very decidedly. Thus in 1889 the British
576
THE CHRONICLE.
[v o l . l v i i i .
. . . . . . . . . .
. .
exports to foreign countries of all kinds of steel were Germany and France; the one shows a small increase in'
4,186.182 tons; in I860, 4,001,430 tons; in 1891, production for 1893, the other a trifling decrease.
3,240,146 tons and in 1892 but 2,739,279 tons, the Here is a very interesting table giving the separate and
falling off in the three years thus being nearly 1| mil aggregate production of these four countries for each
lion tons; in the late year there was a slight improvement, year since 1879.
PIG IIIOX PRODUCTION OF LEADING COUNTRIES.
the exports rising to 2,857,743. Aside from trade de
.— Tons of 2 2 40 Lbs.—■ , Melrteions 0f'12QiU)S.—
,
Total
pression in different parts of the world, the British ex
G Britain.
V. States. Germany
France.
4 Countries.
1830
7 ,749,233 3,835,191 2,729,033
1,725,293 18,033,755
ports, it may be added, have also been reduced through 1831
8 .144,419 4,144.254 2,914,009
1.899,Sol 17,102,573
4,623,323 3,380,806
2,039,067
diminished purchases by the United States, the foreign 1332..........8,586.680 4,595,510 3.463,719 2,067,387 13,629,376
1383..........8,529,300
18,661,916
1884
7 .811,727 4,097,863 3,600,612
1.855,217
17.365,434
product here having been supplanted to a great extent 1885
7 ,415,469 4,014,526 3,687,433
1,630,613
16,778,076
1886
7 ,009,751 5.633,329 3,528,658
1,516,574
17.738,315
by the domestic product. It is to be said as to this 1887
7 ,559,518 6,417,143 4,023,953
1,567,622
19,568,241
7 ,998,909 6,489,738 4,229,431
1,633,349
20.401,540
change, however, that it began much earlier. In 1887 1888
8 ,322,824 7,603,642 4.387,504
1,722,480
22,036,450
1889
7 ,875,130 9,202,703 4,653;451
1,962,196
23,698,480
the United States imported altogether from various 1890
1891
7 ,228,496 8,279,870 4,611,217
1,897,387
22,016,970
6 ,616,890 9,157,000 4,793,003
2,017,258
22,624.151
countries, Great Britain being presumably the chief of 1892
1893
6 ,829,841 7,124,502 4,953,143
2,032,567
20,940,058
these, 1,783,256 tons of iron and steel of all kinds ; in
The aggregate for the four countries for 1893, it will
1888 the quantity imported dropped to 914,940 tons ;
be seen, stands at 20,910,058 tons, as against 22,624,151
in 1889 it fell to 748,550 tons; in 1893 it was only
tons for 1892, the falling off having occurred almost
438,765 tons.
entirely in the United States, the cause of which we
But the important fact regarding Great Britain’ s pig
all understand. Looking back over the years given,
iron production is, that a recovery has begun and that
we find that the annual product of France has re
the 1893 figures indicate an increase over the low total
mained substantially stationary, the output at 2,032,for 1892. In connection with this increase, too, it is
567 tons for 1893 comparing with 2,039,067 tons for
well to bear in mind that there was a further slight
1882; that the production of Great Britain has
decrease in stocks during the year and that these stocks
greatly declined, a fact already pointed o u t; that the
are now down to comparatively small proportions. A
United States notwithstanding the decrease of two
few years ago the stocks were very heavy, much of
million tons in 1S93 still presents a noteworthy record
the iron being held in the warrant stores on speculation.
of progress; but that Germany has on the whole the
On January 1, 1888, the total of stocks in makers’
most even record, showing a slow but steady upward
hands and in the warrant stores was reported at
tendency and comparatively slight fluctuations except
2,616,366 tons and on January 1, 1889, at 2,588,708
in this upward direction, with the output at 4,953,148tons; January 1, 1892, the amount was down to
tons for 1893 comparing with only 3,380,806 tons for
1,232,277 tons, and January 1, 1893, was reported
1882 and but 2,729,038 tons for 1880.
only 872,095 tons; now for January 1, 1894, it is but
Among the four countries, the United States still
868,730 tons, though to the totals for each of these last
stands first in point of production, but it seems likely
three dates about 60,000 tons should be added to
that in 1894 it will again have to yield up that dis
represent the stocks in the hands of one large firm
tinction. In the last six months of 1893 the produc
which has failed to make returns. IVe may say, there
tion of this country was at the rate of only about five
fore, that in the five years from January 1, 1889, there
million tons a year. Conditions here have improved
has been a reduction from 2,588,708 tons to 929,000
somewhat latterly, but business is still very much de
tons. The situation in this respect consequently has
pressed, and we cannot expect that the make of iron the
greatly improved. Notwithstanding the increase in
present year will be very large. On the other hand, Great
the output in 1893 over 1892, most of the separate dis
Britain, as we see, has already slightly improved her
tricts show a diminished production, but these changes
total, and in 1893 ranked but little behind the United
are connected with the strikes in the two years. In
States. Furthermore, the indications are that this1892 the Cleveland district suffered severely from the
improvement is likely to continue in 1894, as homeDurham coal strike, and the make of iron in
trade has very decidedly revived in Great Britain, and
that district was very heavily reduced. In 1893 the
there is evidence too of a change for the better in
make of Cleveland iron again increased—from 1,937,the foreign demand from many quarters, upon which
469 tons to 2,724,184 tons— and all the other districts,
with two exceptions, suffered a decrease by reason of the mother country is so largely dependent.
the strike in the Midlands.
With the product of Great Britain at 6,829,841 tons, THE NEW ASPECT OF THE HUME RULE
Q UESTION.
the amount falls but little behind that of the United
States for the same year, our total being 7,124,502 tons,
It would now appear as if the Rosebery Ministry
there having been, it will be remembered, a decrease were about to settle down to something like work.
from 1892, owing to the panic, of over two million tons. The revelations of the last few days make it plain that
In 1892 the United States produced 9,157,000 tons as efforts to effect some satisfactory settlement of the
against Great Britain’s 6,616,890 tons, and thus had a Home Rule question are not to be discontinued. They
lead of over 24 million tons. For 1893 with the make make it equally plain that the work is to be prosecuted
in the United States reduced to 7,124,502 tons and on different lines, and with a larger and more gener
that in Great Britain increased to 6,829,841 tons, the ous end in view. The scheme is not new in theory
difference in favor of this country is not quite three but it is new so far as its adoption by the Government
hundred thousand tons. If we should allow for the i3 concerned.
changes in stocks, the difference would be reduced to
The hand of the Government was first shown, but
only about 100,000 tons, for while British stocks dur clearly shown, on Monday last, when Sir George Otto
ing the year diminished from 872,095 tons to 868,730 Trevelyan, Secretary for Scotland, moved for leave to
tons, American stocks increased from 535,616 to 707,- introduce a bill creating a Scottish Standing Commit
318 tons. The other principal producing countries, tee composed chiefly of Scottish members, to which
aside from Great Britain and the United States, are all Scottish legislation should in the first instance be
A psil 7, 1894.J
THE CHRONICLE.
submitted. The Committee, as he explained it, was
to consist of all the Scottish members, with fifteen
other members. It was claimed to be a practical not a
partisan measure, and that while it was a measure of jus
tice to a part of the United Kingdom whose interests
had been neglected, one of its principal aims was to
economize the time of the House o f Commons. It
was made plain by some of Sir George's remarks, as
well as by the strictures of Mr. Balfour on the opposite
side, that the bill forms part of a great scheme provid
ing home rule of some sort for each of three king-
577
the new arrangement shall take the form of standing
committees or national or sectional legislatures,
although there is a strong presumption in favor o f
legislatures. It is equally unimportant whether the
Scottish arrangement be completed first, those of E n g
land, Wales and Ireland follow ing; or whether, as
Mr. Balfour wishes it, the Government scheme in’ Its
entirety be submitted to Parliament before it is ap
plied to any o f the nationalities.
These questions may give rise to much discus
sion and lead to much trouble both in and out
io m s.
of Parliament.
N o matter.
What is really im
That the new departure is likely to find favor was
portant in the new departure, as we take the
made even more plain the following day when Mr.
liberty of calling it, is that it promises the intelligent
James Henry Dalziel offered a motion affirming the
solution o f a great question— such a solution as ought to
desirability of establishing a legislature for Scotland to
secure general contentment, and which is full o f
deal purely with Scottish affairs, and when Mr. John
promise of future good, not to Great Britain and Ire
Herbert Lewis moved an amendment that a legislature
land alone but to the widely extended British Empire.
be established for Wales also. A t the time we write it
It avoids anything in the shape of radical revolution ;
is impossible to S3y what will be the immediate result.
and it offers an opportunity for Imperial Union such
Sir George Trevelyan's motion and Mr. Dalziel’s
as has never before existed.
One of the great
motion were both carried, Trevelyan voting for the
difficulties
connected
with
the
first
Home
latter, and thus virtually neutralizing the Government
Rule measure was that it shut Irish legislators out o f
measure; for Scotland cannot have both a Standing
the Imperial Parliament: and one of the most objec
Committee and a National Legislature.
Sir G eorge!
tionable features of the later bill was that it gave
action in voting for the Dalziel measure shows
Irishmen a voice in the Imperial Parliament as well as
that he personally prefers a legislature to a standing
entire eon trolof the Irish Parliament. It was hardly
committee. It almost seems as if the Government
within the region of the possibilities that Englishmen,
motion for a standing committee was intended as a
•Scotsmen and Welshmen should be well pleased to see
feeler ; and it will not be a surprise if the Dalziel
Irishmen securing privileges which were denied to
measure should be adopted by the Government and all
hemselves.
Under the new arrangement, whatever
idea of a standing committee be abandoned.
form it may take on the lines indicated, there will be
Whatever may be the fate of these two tentative
no such inequality.
Each of the nations or sections
measures, it is perfectly manifest that home rule is to
shall have a national or sectional Parliament attending
be poshed and that England, Wales and Scotland are
to national or sectional interests; and the Imperial Par
to be considered and cared for in the new movement,
liament, retaining its present constitution, quickened
as well as Ireland. We do not know that the Irish
probably by some fresh blood, will remain as
people as a whole have any good reason to be dissatis
it is, attending to general and Imperial in
fied. I f home rulers merely wanted the privilege of terests.
taking part in the management of their own affair?, they
will have such privilege under the projected arrange
ment ; and they will not be debarred from the exer CO TTON CO YSUMP TION A NO 0 YEIIL A YD
MOVEMENT TO A P R I L 1.
cise of any of their rights in the Imperial Parliament.
But they will not have privileges peculiar to themselves
The appended aggregates of overland movement,
— privileges denied to Scotsmen, to Welshmen and to receipts, exports, etc,, cover the seven months ending
Englishmen. A good reason, however, is not always a March 31. The total brought into sight during the
necessary condition of discontent; and we have always month has been '185,010 bales against 290,420 bales in
felt that the privilege of taking part in the management 1899 and 43-1,01* bales in 1892. There is now visible
of Irish national affairs did not cover ail an Irish home of the current crop 0,798,625 bales, or 787,840 bale®
ruler desires; that his desires were limited only by more than at the corresponding date a year ago. Tak
national independence; that his ultimate purpose was ings by Northern spinners have differed but slightly
to get rid of those bonds which bind him to England. from those in March of last year, but their aggregate
That purpose, if it existed, will not be furthered by this takings to April 1 are 255,538 bales less than for°the
new movement.
corresponding period of 1892-93.
As has been said above, wo do not attach special im
O V E R L A N D M OVEM ENT TO A P R IL 1 .
portance to the individual measures alluded to. Im
The gross shipments overland have been smaller
portance is due not to the measures themselves
during March than in the like period of either 1893 or
but to the disposition which they reveal on the
1892, reaching only 77,334 bales, against 83,369 bale®
part of the men in power not only t o t to abandon
and 149,550 bales respectively. The season’s total is
Home Buie hut to deal with it in a manner
now 10,007 bales les3 than that of a year ago and 512which will remove its objectionable features, and
905 bales smaller than in 1891-92. The month's not
by giving it a sort of Imperial breadth of character
makes a favorable comparison with the preceding year,
most likely make it more widely acceptable at
having been 50,047 bales, whereas last year it wa3 only
home as well as more interesting abroad. We are
39,274 bales. I’or the seven months the aggregate net
prepared already to take it for granted that there is a
reaches 642,939 bales, a decrease from 1892-93 of 7 0 ,-
determination on the part of
the Government to
583 bales; and compared with the previous year the
treat the different nationalities alike— not to make
falling off is 410,389 bales. Presented in our usual
any invidious distinctions or grant any special
form the results for the past three seasons are 'a®
favors. I t is a matter of smill consequence, whether follows :
THE CHRONICLE.
578
OVERLAND FROM SEPTEMBER 1 TO AFRIL 1.
1892-93.
1893-94.
Amount shipped—
Via 8t. Louis..............................................
Via Cairo.....................................................
Via Hannibal..............................................
Via Evansville......................................
Via Louisville..........................................
Via Cincinnati...........................................
Bblpped to mills, not included above...
Total gross overland.........................
472,844
209,326
13,676
7,186
90,280
92,622
103,852
7,996
364,007
173,534
136,861
13,885
102,829
79,477
128,024
9,262
997,782 1,007,879
Deduct shipments—
Overland to New York, Boston, < o
fe ___
Between interior towns.........................
Galveston, Inland and loeal mills........
New Orleans, Inland and local m ills...
Mobile, Inland and looal mills................
Savannah, inland and local mills..........
Charleston, Inland and local mills.......
N. Carol’a ports, inland and looal mills.
Virginia ports, Inland and local mills..
252,521
21,417
2,806
17,024
12,497
946
8,036
1,008
38,588
Total to be deduoted.........................
Leaving total net overland*.............
Totalreoeipts to April 1,1894, as a b o v e .....................bales. 6,611,825
Stock on hand commencement of year (Sept. 1, 1893j—
At Northern p o r t s ..... .... . . . . . . . . . . . 151,524
1891-92
At Southern p o r ts ..... . . . . . . . . . . . . . . .
91,747— 243,271
At Northern Interior markets...............................
8,747 — 250,018
558,117
Total supply to April 1 ,1 8 9 4 ,... .................................. . . . 6,861,84$
321,989 Of this supply there has been exported
155,617
to foreign ports since Sept, 1,1893.-4,395,804
31,011 Less foreign cotton included___ . . . . . .
22,163 -4,373,641
174,656 Sent to Canada direct from West............................
41,206
123,597 Burnt North and South...........................................
911
133,183 Shook on hand end of month (April 1,1894)—
9,487
At Northern ports.....................bales. 294,0 34
At Southern ports................................. 4 7 7 ,4 2 9 - 771,463
1,510,687
At Northern interior markets...............................
2,692 -5,189,913
220,507
21,027
2,491
10,862
15,802
1,187
10,710
1,913
9,918
322,740
57,061
2,909
18,575
37,711
1,288
6,451
706
9,918
354,843
294,357
457,359
642,939
713,522 1,053,328
* This total includes sliipments to Canada by rail, which since
September 1 in 1893-94amounted to 41.206 bales; in 1892-33 were
39,675 bales and in 1891-92 were 54,589 bales.
RECEIPTS. EXPORTS A N D SPINNERS’ T A K IN G S.
The net receipts at the ports in March have been a
little greater than in the same month of 1893 but
much less than in 1892. The aggregate net receipts at
the outports for the seven months have [been 5.475,886
bales, whereas in 1893 they were 4,566,567 bales and
in 1892 reached 6,501,719 bales. Foreign exports have
reached an aggregate of 365,360 bales, against 332,301
bales last year and 440,634 bales in 1892. For the
season to date the total exports are’971,905 bales more
than a year ago.
— Stocks
Movement from Receipts Receipts EXPORTS SINCE SEPT. 1 1898 TO
since
April 1,
B
erpt. 1,1893, to since
Sept. 1 Sept. 1 Great France. Conti
lotal.
1894.
April 1,1894.
1892. Britain*
nent.
1893.
960,130 998,730
35,538 43.838
Velaaco, &c...
New Orleans. .. 1,740,730 1,403,208
Mobile.............. 183,500 158,114
31,909 27,181
Bavannah......... 699,401 711,079
74,270 140,110
Brunswick, Ac.
Charleston........ 328,409 200,503
425
Port Royal,Ac.
03,254
Wilmington...... 180,573 155,271
499
755
Waahlngt’n.Ac
Norfolk............ 430,074 240,012
West Point__ 225,904 162,474
51,502 18,288
Newp’tNewa.Ac.
08,705 87,889
New York.........
86,529 87,500
51,315 54,148
Baltimore..........
45,972 40,910
Philadelphia,Ac.
Total 1893-94.. 5,475,880
643,200 104,815 101,321 749,342 47,072
31,148 31,148
059,007 370,504 333,429 1,363,000 230,290
820 31,128 20,571
30,308
500
500
111,798 32,097 317,172 461,607 00,309
38,555
2,600
12,855 54,010
832
152,100 10,200 131,015 299,327 40.036
02,257
02,257
08,309
89,355. 157,664
14,208
134,594
70.497
83,578
353,022
203,557
38.540
18,404
2,527,399
350
14,131
5,483
IV ol .LYIII.
11,700 140,041 48,933
19,407 95,964
0,546
30,573
1,900
100,451 527,604 250,304
2,408
105,380 149,415 21,653
4,537 23,941 13,772
547,280 1,321,119 4,395,804
771,403
Total 1892-98..
4,506,507 1,854,244 475,690 1,093,959 3,423,899 823,902
Total 1891-92..
0,501.719 2,821.225
611,921 1,410,137 4,843,283 1,097,493
* Great Britain exports Inolude to the Channe .
Total takings by spinners since September 1, 1893 ....... .
Taken by Southern spinners..........................................................
1,671,9 30
493,000
Taken by Northern spinners since September 1, 1893 ..........
Taken by Northern spinners same time in 1892-3...................
1,178,930
1,434,468
Decrease in takings by Northern spinners this year., .bales.
255,538
The above indicates that Northern spiuners had up
to April 1 taken 1,178,930 bales, a decrease from
the corresponding period of 1892-93 of 255,538 bales
and a loss from the same time of 1891-92 of 644,627
hales.
AMOUNT OF CROP N O W I N SIGHT.
In the foregoing we have the number of bales which
has already been marketed this year and the two
previous seasons. An additional fact of interest is the
total of the crop which was in sight on April 1
compared with [previous years. We reach that point
by adding to the above the stock remaining at that date
at the interior towns less stock held by them at the
beginning of the season. In this manner we find the
result for three years on April 1 to be as follows :
1893-4.
Total in sight.................
1892-93.
1891-92.
6,611,825
186,800
5,761,089
249,696
8,004,047
344,500
6,798,625
Total marketed, as above....bales.
Interior stocks in excess of Sept. 1.
6,010,785
8,348,547
This indicates that the movement up to April 1
of the present year is 787,840 bales more than in 1892-93
and 1,549,922 bales less than in 1891-92.
As it will interest the reader to see what has come
into sight each month of the season during this and
previous years, we have prepared the following, which
shows the movement for the last four seasons.
Months.
1893-94.
1892 93.
1891-92.
September............
October.................
November............
December.............
January...............
February..........
March...................
511,273
1,632,823
1,686,451
1,590.052
737,908
355,108
235,010
522,552
1,465,067
1,467,066
1,290,705
556,371
412,604
296,420
826,932
2,026,205
1,927,880
1,622,475
752,027
759,012
434,016
860,274
1,723,759
1,615,981
1,645,229
965,463
620,551
435,331
Total 7 months.
Balance season...
6,798,625
6,010,785
706,357
8,348,547
690, L60
7,866,588
788,930
Total crop.......
.... -
6,717,142
9,038,707
8,655,518
W EIGH T
1890-91.
OF BALES.
To furnish a more exact measure of the receipts up to
Using the facts disclosed by the foregoing statements, April 1 we give below our usual table of weight of bales.
we shall find that the portion of the crop which has We give for comparison the figures for the same time
reached a market through the outports and overland, in the two previous years.
and the Southern consumption, since September 1 this
Same
Same
year and the two previous years, is as follows.
Seven Months Ending April 1, 1894 peri’d in perVd in
1892-93. 1891-92.
1893-94.
1892-93.
1891-92
Receipts at the ports to April 1___bales. 9,475,886 4,566,c67 6.501,719
Net shipments overland during same time 642,939 713,522 1,053,328
Total receipts............................... bales. 6,118,825 5,2‘ 0.089 7,555,047
Southern consumption since September 1 493,000 481,000 449,000
Total to April 1 ......................... bales 6,611,825 5,761,089 8,(04,047
Number of
Bales.
995,668
Texas...............
Louisiana_____ 1,740,736
188,506
Alabama..........
Georgia*............ 1,005,580
391,663
South Carolina.
714,140
Virginia............
187,072
North Carolina.
Tennessee, &o.. 1,388,460
Weight in
Pounds.
519,201,035
863,474,685
94,064,494
486,871,669
188,738,483
347,429,110
90,913,251
688,495,660
Average Average Average
Weight. Weight. Weight.
521-46
496 04
499-00
484-17
481-89
486-50
485-98
495-87
530-93
497-23
499 0 0
486-38
479 01
483 17
479-31
49601
521-21
495-28
498 00
434-12
487-35
492-37
494-56
504-00
The amount of cotton marketed since September 1
in 1893-94 is thus seen to be 850,736 bales more than in
1892-93 and 1,392,222 bales less than in 1891-92. To
498-66
Total........... 6,611,825 3,279,188,387 495-96 499 02
determine the portion which has gone into the hands of
* Including Florida.
Northern spinners during the same period we have
It will be noticed that the movement up to April 1
prepared the following:
shows a decrease in the average weight as compared
A pril 7, 1894.]
THE CHRONICLE.
with the same period of last year, the average this year
being 495*96 pounds per bale, against 499*02 pounds
per bale for the same time in 1892-93 and 498*66
pounds in 1891-92.
579
panies,” as amended by chapter twelve o f‘the laws of eighteen
hundred and eighty-nine, are amended, to take effect im
mediately, to read as follow s:
Section 831. The term, doing a banking business, as used in
this chapter, means doing any such business as a corporation
may be created to do under article two of the banking law,
THE DRY GOODS TRADE DCRIKG MARCH.
or doing any business which a corporation is authorized by
such article to do. The term foreign banker doing a banking
Under the influence of exceedingly fine weather
business in this State, as used in this chapter, includes :
daring the first half of the month there was a material
1,
Every foreign corporation doing a banking business in
expansion in the demand for seasonable cotton fabrics this State, except a national bank.
3.
Every unincorporated company, partnership or associa
and an improved business also in staple goods. Later tion of two or more individuals organized under or pursuant
developments have proved less favorable. The weather to the laws of another State or country, doing a banking busi
ness in this State,
has daring the past two weeks been cold and fre
3. Every other unincorporated company, partnership or aa
quently wet, and distribution has been more or less sociation of two or more individuals doing a banking business
in this State, if the members thereof, owning more than a
checked in all markets. The results for the month majority interest therein, or entitled to more than one-half
have, nevertheless, gone considerably ahead of the of the profits thereof, or who would, if it were dissolved, be
entitled to
than
record for either January or February this year, and residents ofmore State.one-half the net assets thereof, are not
this
are often reported as making a favorable comparison
4. Every non-resident sf this State doing a banking business
with March last year. These have, however, been in this State, in his own name and right only. Every foreign
banker doing a banking business in this State, and every officer,
gained very often at the expense of values, as there manager, agent, principal or member thereof, shall be liable for
have been persistent efforts on the part of a number the payment tv the State Treasurer, on or before the first day of
February in each year, o f a tax of one half of one per cent on
of houses, some of them of first importance, to clean the amount of such business done in this State by such banker,
up stocks o f both staples and fancies, and very low daring the year ending with the next preceding thirty-first day
of December; which amount shall be ascertained as follows: By
prices have been made to accomplish that object. first computing the daily average for each month of the
Thus irregularity in prices has largely prevailed and is moneys outstanding upon loans, and of all other moneys re
ceived, used or employed by such banker in connection with
still noticeable at the close of the month, although in such business, and by then dividing the aggregate of such
somewhat less degree than at the opening. Print monthly averages by the number of months in which such
banker shall, during such years, have been doing a banking
clotha have proved a strong element, as with large sales business in this State, and the quotient resulting shall be
prices have advanced. In some qualities of brown deemed the amount o f such business.
Section 323. It shall be the duty of every foreign tanker
sheetings, bleached shirtings and finished linings this doing a banking business in this State and of every officer,
has helped sellers to secure here and there a trifling manager, agent, principal, partner or member o f such foreign
banker, to cause a written report to be made to the Comp
improvement in price or terms.
troller, upon blanks to be furnished by the Comptroller, or tn
such other manner as the Comptroller shall direct, on or be
8*.
1893.
fore the first day of February in each year, verified by the
m
Ootfn r ins
tel Lan- \8W n O otfn Print- SKeet- Lan- S'tM'n affidavit of such foreign banker or of such officer, manager or
i
lam
tow
ing
coder O ,,.2_ agent thereof, and stating the amount of State tax which
b»* coMrr 2-yd.
V. mid- J X
•heel- mitt- doth*,
*4(ring- .heel such foreign banker is liable to pay by virtue of this chapter,
Ming. 8A mR
.a .
ing*. dling. flArfH ard. hmm» ingt. and setting forth in detail the daily averages for each month
......
of the year ending on the next preceding thirty-first of De
AOO 7
3
1.. 7J'« 2-75
5
3A
8
7
0q
2.. T . 2-75
5
cember, which forms the basis of computing such tax, and
sq
eq
5
*00
7
7
6
3,9 3 aq
5
5
4 00 7
7
6
s-q
such further or additional information aa to the business of
•L »* . ...
.
.... ..
to o
7
eq
7
6
such foreign banker done in this State, as may be required by
5
7*
Jo e q
5
the Comptroller, For failure or neglect to make such report or
2-75 « q
S:: 7is
a
5
4 00
0
7
7
sq
7 - 2»i« 2*75
:
5
5
4 00
7
7
6
pay any such tax, which any such banker is liable to pay on or
eq
s~ 2*i« 2-75 e q
5
S
sq
4-00 7
0
7
before the first day of February in any year, a penalty of ten
9.
2-75
eq
3
sq
4*00 7
3
7
»l
per cent on the amount of the tax is hereby imposed. If any
10., 7% 2-75 e q
6
5
7
S
S<>1« VOO 7
11., .... ». .«»* . ...a.
AOU 7
such report shall not be made on or before the first day of
7
«
12..
2-75
sq
...8...
eq
s
:
February in any year, or if any such report made shall be un
13- 7 ‘ i* 2-75
4*00 7
oq
sq |»
! sq
7
0
satisfactory to the Comptroller, the Comptroller is authorized
14.. 7>i* 2*75
5
to o
7
7
6
eq
3V
i
15..
to examine, or to cause to be examined by a commissioner
2 75
f4 « 400
eq
S
7
7
6
sq
16.. 71u
2-75
5
7
sq
8*i. 4 iO
7
6
«q
appointed by him for that purpose any foreign banker failing
17.. 7»I# •2-75 e q
4 €0
7
7
6
5
i sq
to make such report, or whose report is unsatisfactory, and
LB
...
.. .8. -, * 7 .
7
0
4*00 8
the officers, manaeer*, agents and employes of such foreign
19- 71 is 2-75
sq
5
j
sq
20- 71,4 2 75
5
1 s » ,« 4-00
7
sq
7
banker; and the books, papers and records of such foreign
6
eq
21.. 7H
2*78 e q
5
s
400
7
7
sq
0
tanker, or other data relating to such business, for the pur
22.. 7%
2-78
5
eq
4'00
7
sq
7
a
pose of ascertaining the amount of the tax which such foreign
23 4*10 7
7
6
24..
banker is liable to pay. For the purpose of such examination
2-78
eq
4*00 7
7
sq
5
6
25.,
3-S7 7
7
0
sq
the Comptroller or such commissioner is authorized to take
26.. 7 q
2-78 « q
sq
'5
..8...
and hear testimony, to hear and receive affidavits, and to take
27.. 7 q
2-79
sq
7
8q
5
3-87
7
sq
e
28,. 7 ‘s
depositions and require the attendance o f witnesses. On
2*78
7
G
eq
sq
5
9*i. 3*87 7
29 - 7%
2-78
5
7
6*4
7
completing -uch examination, it shall be the duty of the
sq
a
8*i« 3-87
7q
2*78
7
6
3
3-S7 7
eq
sq
*s«
Comptroller to fix and determine the amount of such tax, and
1 ? : T *» 2-78
3-87 7
S
7
a
eq
•sq
of the penalty, if any, which such foreign banker is liable to
Tlurabove prfww are—For cotton, low mlildllas npijwula at S ew Y o r* , pay by virtue of this chapter and to settle an account for such
m r v r i n t m clot fa#, nmnutmtnr^m’ a « i pti&m; for «y§a*i*r<l •heatiiijr*
tax and penalty, together with the expenses of such examina
*ca jtin&ham®,>*enw’ price*#, which mre ®abject to *a average discount
tion, against such foreign banker; and such penalty and ex
of 5 per em%; Soathcro sheeting* net.
penses shall be added to the amount o f the tax. Each person
liable for the payment of the tax shall be liable also for the
TAXING FOREIGN BAN KIN G CORPORA payment of the amount of such penalty and expenses. The
amount of any tax, penalty and expenses payable by virtue of
TIONS AND ASSOCIATIONS, ETC.
this chapter may be recovered by the people o f the State
The following bill amending the sections o f the State Bank in an action brought by the Attorney-General at the
ing Law relating to foreign banking corporations, associa instance of the Comptroller; or the "Comptroller may
tions, See., has just been passed and signed by the Governor. issue his warrant under his hand and official « a l,
directed to the sheriff of any county tn the State, command
The amount of the tax is not changed by these amendments ing him to levy upon and sell the goods and chattels, lands
but nearly all other features o f the sections referred to are :
and tenements found within his county of such foreign banker
AN ACT To amend chapter four hundred and nine of the or other person named in such warrant, liable for the payment
laws of eighteen hundred and eighty-two, entitled “ An act of any tax, penalty or expenses by virtue of this chapter, the
to revise the statutes of this State relating to banks, bank amount of each of which shall be specified in such warrant,
together with the interest thereon from the time such tax was
ing and trust companies.”
payable, and cost3 of executing such warrant. Such warrant
The f ’l -pteof the State o f New York, represented in Senate shall be a lien upon and shall bind the personal property of
and Assembly, do enact as follows
each person against whom it shall be issued, from the time an
Section t. Sections three hundred and twenty-one, three actual levy shall be made by virtue thereof, and the sheriff to
hundred and twenty-two and three hundred and twenty-three whom such warrant shall be directed shall proceed upon the
of chapter four hundred and nine of the laws of eighteen same in all respects with the like effect and in the same man
hundred and eighty-two, entitled “ An act to revise the stat ner as prescribed by law in respect to an execution issued
utes of the State relating to banks, banking and trust com against property upon a judgment rendered by a court of
THE CHRONICLE.
580
|VOL. LVIII.
The following highest and lowest prices are from actual
record, and shall be entitled to the same fees and costs for his
services in executing the same, to be collected in same manner. sales at the New York Stock Exchange:
Section 823. Every foreign banker doing a banking busi
RANGE OF STATE BONDS IN MARCH.
ness in this State, and his managers, agents and employes
shall cause to be kept at all times in the office where such Alabama, Class A ___ Low. High. S.C. 20-40 4%s, 1933 Low. High.
99%
98
99% 99%
business is transacted in this State, a full and accurate account
Class B .................... 102% 102% Tenn. new Bettle. 5s. 102
103
3a..............................
76
8
8
o f the moneys used or employed in such business and of the Arlr. fund. 6s, Holford
77*6
3s, email.................
12
11
7s,L. R. P.B.AN.O.
73*4 73*4
deposits therein; and such accounts shall be subject to the in
Va.fd.d«bt, 2-3s, 1991
7s, M. O. & R . R ...
11
58% 59%
11
spection of the Comptroller, or of any clerk designated by him No. Car. 6s. 1919 . . . 124 124%
6s deferred............
7%
7%
to inspect it during business hours of any day on which busi
Sp. tax (West. EE.)
6s did. tr. rec at’d.
6
3%
3%
8
2%
So. Car. non fund. 0s.
2
ness may lawfully be transacted.
The daily posted rates for 60 days and demand sterling
REVIEW OF PRICES IN MARCH—STOCKS, exchange in March are given below, it being understood
that bankers’ actual rates are usually a fraction below the
GOVERNMENT BONDS AND
prices posted.
FOREIGN EXCHANGE.
The following table shows the highest aDd lowest
prices of railway and miscellaneous stocks at the N. Y.
Stock Exchange during the month of March, 1894.
RAILROAD AND MISCELLANEOUS STOOP'S.
Low. High.
R a ilr o a d s .
R a ilr o a d s .
12% 16
Atchison Top. &S.Fe.
Pitts. & West, pref...
Atlantic < Pacific___
fe
1
fe
i% Renss. < Saratoga...
69% 79% Richmond Terminal.
Baltimore & Ohio___
4 *8
R .O .A 8 . W.. pref...
1st assessm’t paid.
4*6
Jlelle & So. 111., pref. 135
135
2d assessing paid..
Bnff. Roch. & Fitts..
20
3d assessm’t paid..
20
Canadian Pacific.......
87
Pref..........................
69%
52% Rome Water & Ogd..
Canada Southern.......
50
Cedar Falls < Minn..
fc
4%
5
St. L. A. & T. H ........
Centraloi N. Jersey.. 114% 117%
Pref..........................
14
17
Central Pacific...........
8t. Louis Soutliw.......
Pref..........................
17% 19%
Ches.AO.,Vnt.Tr.cert.
Chicago & Alton....... 134% 140
St. Paul Minn. & Man.
2% St. Paul < Duluth___
fc
Rights.... ..........
2%
Oiic. Burl. & Quincy.
77
84%
Pref.................
Ghic.dr East I lf , pref.
97
97
Southern Pacific Co ..
59
64% Texas & Pacific......
Ohio. MU. & St. Panl.
123% Tol. Ann A. & No. M.
Pref................. 119
Chic. < Northwest... 104 109
fe
Toledo & Ohio Cent..
Pref.................
Pief ................. 139% 141
67% 71% •Tol. St. L. & K. O__
Chic. * Rock Island..
f
c
36% 40
Cbic.St P.Minn. <feO.
Union Pacitto........
Pref................. 112 115% Union Pac. D. & G ...
CL Cin. Chic. & St. L.
37
41% Wabash................
84% 85%
Pref.................
Pref.................
Col. Hock. VaL&Tol.
18% 20% Wheel. &L. Erie......
P i e f ... ..............
66
66
Pref.................
Delaware & Hudson. 135*4 139% Wisconsin Cent. Co..
Del. Lack. < Western 165% 167%
fe
E xp ress,
Den. A Bio Grande...
10
11% Adams.................
Dea M & Ft. Dodge..
\
*Dul. S. 8. & A ..........
*Pref........................
£.Tenn.,lstpf.,2dpd
do
2dpf.,2dpd
jBvansv. < , Terre H ..
s
Flint < Fere Mara. ..
fe
Pref..........................
-Great North’n, pref..
Gr. B. W.&St.P.tr.ree.
Illinois Central..........
Iowa Central..............
Pref..........................
Kan. & M ich ...........
Lake Erie < West’n ..
fe
Pref.
Lake8hore.................
Long Island.
Louisville & Nastiv..
L. N. Alb. AC.ne w stk.
.Pref........................
Mahoning f oal, pref.
Manhattan consol_
_
.Mexican Central.......
Michigan Central___
Minn, a 8t. L.tr.r* cts.
Pref. trust receipts
Mo. Kan. & Texas...
Pref..........................
Missouri Pacific.........
Mobile & Ohio............
Morris < Essex..........
fe
Nash. Chatt. & 8t. L.
N. Y. Cent. & Hud. R.
N. Y. Chic. & St. Louis
1st pref....................
2d pref....................
Y. &Barlem___
N. Y. Lack. < West’n
fc
N. Y. Lake Erie & W .
Pref..........................
N. Y. & New England
N . Y. N. H. H?.......
N. Y. Ont. < West___
fc
N. Y. 8usq. & W., new
Pref. new ................
Ifforf. & Western.......
Pref..........................
Northern Pacific.......
Pref..........................
Ohio <& ie s ............
M
•Oreg. Ry. <e Nav.......
t
Oreg. 8h. L. & U. N ..
Peo. Dec. & Evansv.
JPhila. & Read...........
P. C. C. & 8t. L ..........
Pref..........................
Pitts. Ft. W.
Chic.
cUnlisted.
5*3
7
Lore.
26
175
%
2%
3%
6%
16
110
23
150
4
8%
104
23
95
23
8
6%
35
75
2
18
5%
6%
13%
12%
46%
7%
High.
2S*s
178
%
3%
5
7%
13
112
23
151*6
5
10
105
25
95
25
1U
10%
35
75
2
22%
150
152
16*4
13%
49%
8
63e
7%
16%
12
5*3
. The range of Government bonds sold at the Stock Exchange
an March was as follows:
RANGE OF GOVERNMENT BONDS IN MARCH.
28
4a,
4s,
58,
5 8,
6*.
ext.
1907,
1907,
1904,
1904,
e.’98,
reo.
reg.
coup.
reg.
CO p.
U
reg.
*96
112 %
114
117*6
117*6 *110
*96
113%
115
117*6
117*6
*111
*95
L ow est.
114
112%
117%
117*6
*110
*96
113%
114*6
117% *110
117*6
* Prices bid—no sales during the month.
Mar.
1
2
3
4
5
6
7
8
9
10
11
12
...
.. .
.. .
...
.. .
...
.. .
...
...
...
..
.
60
days.
De
mand.
4 87%
4 87%
4 87%
..........s.
4 87%-8
4 87%-S
4 88
4 88
4 88
4 88
4 89 *6
4 89 *6
4 89 %
4 P8
4 89*6
...... s.
4 89-%
4 89-*6
4 89*6
4 89*6
4 89%
4 89%
Mar.
60
days.
1 3 ...
1 4 ...
1 5 ...
1 6 ...
1 7 ...
1 8 ...
1 9 ..
2 0 ..
2 1 ...
2 2 ...
2 3 ...
2 4 ...
4 88
4 88
4 88
4 88
4 88
..........8
4 88 .
4 88 .
4 88
4 88
4 88
4 88
De
mand.
4
4
4
4
4
89*6
89%
89%
89*6
89%
4 89*6
4 89*6
4 89*6
4 89%
4 89%
4 89%
Afar.
60
days.
2 5 ....
2 6 ....
2 7 ....
2 8 ....
2 9 ....
3 0 ....
3 1 ....
..........8.
4 87*6-8
4 87%-8
4 87*6-8
1 87*6-8
4 87*6-8
4 87%-3
4
4
4
4
4
4
89-%
89-*6
89-*6
89-%
89-%
89 %
Open.
High..
Low..
Last..
4
4
4
4
4
4
4
4
89-%
89%
89
89-%
De
mand.
87%
88
87*6
87*6-8
National B anks in P ittsburg, Cincinnati, Cleveland,
Detroit, St . P aul , Minneapolis , L ouisville, New Orleans
and W ashington, D. C.—Mr. J. H, Eckels, Comptroller
of the Currency, has furnished us abstracts of the con
dition of the national banks in the above-named cities at the
close of business on Wednesday, February 28. From them
and from previous reports we have prepared the following,
which covers the results for February 28, 1894, and December
19, 1893, and for purposes of comparison the figures for 1893
7*6 (March 6) are given :
United States............
52
55
Wells, Fargo & Co___ 123% 126
C oal & M illin g .
Col. C, & I. Develop..
21
11
Col. Fuel & Iron.......
25*3 26
65
Col. & Hock. C. & I ..
7*6
9%
Pref..........................
30
14*3
30
45 45 qodsoL Coal.............. 31
31
101*3 103
Homestake...............
14*3 14%
5
7% Minnesota Iron......... 45
52
91% 95
New Central C oal....
8*3
8*3
7% 11
Ontario Silver..........
8% 8*3
SO
35*3 Pennsylvania Coal.. 300 300
8
9
Quicksilver..
2%
2%
14% 17%
Pref..........................
17*4 17%
65
69
Tenn. Coal & Iron.. .
28*3 20*4
126% 131
Pref..........................
70
70
90
99
V a r io u s .
46% 51*3 Am. Cotton Oil C o ....
25*3 32*3
8%
9*3
Pref..........................
67
73*s
31*3 33% American Dist. Tel..
36
38
107 107
*Am. Sugar Refln.Co.
80% 200
122% 126%
*Pref.........................
83% 92
6%
7% Amer. ~ & ~ "
Tel. Cable.
F6 88
99% *Amer. Tobacco Co..
93
74*4 83*3
10*3 12*3
P re f........................
94
99
30% 35
Branswick Co............
4
5
13% 15% Chicago Gas Comp’y.
61% 67%
23*3 25%
Dividend scrip....... 1*30 P37
22% k8 % Commercial Cable... 140 145
17
19
Consolidated Gas Co. 126
136%
150*4 153% Die. & Cat. Feed. Co.
24*4 28%
74
74
Edison Elec. HI. Co..
93
99%
98% 1 0 1% EdisonEl. (Bklyn.).. 101
101
15
16
General Electric.......
40*a 45%
69% 71
Keely M t
<
4%
3*4
32
33
16
Laclede Gas, 8t. L ...
17*4
250 260
Pref..........................
63
68
110% 113*3 Manhattan Bch. L’nd
4*s
4*4
“ “ “ “ " Mich.-Peninsular, pf.
16% 1*%
55
55
3 . *4 39*4 Nat. Cord. 2d ass’t pd
15
21%
9% 12%
Pref.. 2d ass’t pd..
31
42%
180*3 195
^National Lead C o...
26*4 39
16
17
*Pref.........................
71% 84%
15% 16% National Linseed....
19
20
43% 46% National Starch.......
10
11
5%
let pref....................
42
45
19
24% North American Co..
4
5%
4%
6*4 Oregon Improv’t Co.
13
17
17% 23%
15% 17*6
16% 16%
80% 82*4
25
30
Pullman Palace Car. 168% 172
7*3 10*3 Tex. Pac. Land Trust
8% 10
4*4
5% U. 8. Rubber Co........
39% 40*6
19% 23%
Pref..........................
84% 88
14
14% ^Western Union Beef.
5%
5%
48
52
Western Union Tel..
84% 87%
151
151
16®8
12
4*6
60
14*6
BANKERS’ STERLING EXCHANGE (POSTED RATES) FOR MARCH. 1894.
6s,
C.’99.
reg.
*113
*114
*113
*113
P IT T S B U R G .
Number............................................... .
Resources—
Loans and discounts, includ’g overdrafts.
Stocks, bonds, &c.......................................
Due from reserve agents...........
Due from banks ana bankers...................
Banking house, furniture and fixtures....
Other real estate and mortgages owned..
Gold coin and certificates..........................
Silver coin and certificates.......................
Legal tender notes and cert’fs of deposit.
Bills of other banks..................................
Exchanges for Clearing-House................
Premiums on U. S. bonds..........................
Other resources..........................................
Feb. 28,
1894.
29
Bet. 19,
1893.
29
Alar. 8,
1893.
26
$35,661,457 $35,383,724 $38,780,255
4,864,004
4,916,632
3,800,678
4,383,981
3,066,539
4,279,722
2,230.218
1,407,540
1,588,990
2,998,090
2,956,363
2,660,048
915,1*9
958,699
958,402
3,366,764
3,271,108
3,330,593
S/4,4a5
885,463
877,078
1.956,908
1,969,763
1.897,853
275,867
283,7u7
182,995
1,373,107
1,406,888
1,478,421
237,829
257,404
151,182
371,730
396,577
291,762
Total..................................................... $59,509,539
$57,162,407 $60,278,579
Liabilities—
Capital stock paid in..............
$11,700,000 $11,700,000 $10,900,000
Burp, and undiv. profits,less exp. & taxes.
8,729,658
8,767,741
8,121,301
Circulation outstanding..............................
2,667,91-8
2,808,948
1,575,310
Dividends unpaid.........................................
62,197
61,257
59,874
Individual deposits..................
30,365,643
28,415,772
32,622.415
O.ther deposits ..........................................
245,281
246,885
262.055
Due to banks and bankers... .............
5,707,387
4,948,980
6,707,624
Other liabilities..........................................
31,435
212,824
30,000
Total..................................................... $59,509,539
CIN CIN N ATI.
Number........................................................
Feb. 28,
1894.
13
$57,162,407 $60,278,579
Dec. 19,
1893.
13
Mar. 6,
1893.
13
Loans and discounts, including ove» irafts. $23,651,608 $22,518,092 $28,396,782
8tocks, bonds, &c...............................
9,288,157
8.528,187
6,928,877
Due from reserve agents........................ ....
4,345,511
4,567,0*2
3,110,878
Due from banks and bankers.......
....
2,850,123
3.039,998
3,276,633
Banking house, furniture and fixtur
.....
378,242
377,897
400.745
Other real estate and mortgages owned ...
46,982
52,923
80,967
Gold coin and certificates.................
.
973,422
1,222.222
1,446,907
Silver coin and certificates .............
..
451,544
452,805
418,836
Legal tender notes and cert’cates of deposit
3,835,779
3,135,267
2,518,814
Bills of other banks....................................
312,388
304.844
253,931
Exchanges for Clearing House...................
200,035
368,366
242,636
Premiums on United States bonds...........
567,009
507,553
419,984
Other resources............................................
285,305
344,810
263,993
Total ..................................................... $47,186,165 $45,419,996 $47,709,983
Liabilities—
Capital stock paid in.......................... $8,700,000
$9,100,000 $9,100,000
3urp.& undiv. profits, less exp. & taxes... .
3,727,660
3,670,519
3,604,075
3,724,400
2,591,230
Circulation outstanding................................ 3,201,760
Dividends unpaid..................
5,230
7,554
3,452
Individual deposits..................................... 18,780,831
18,851,860 20,849,768
Other deposits..............................................
640,460
795,193
745,582
Due to banks and bankers................ 11,533,924
8,676,464
9,853 320
Other liabilities............................................
590,300
588,000
762,600
Total....................................................... $17,180,165
$45,419,990 $47,709,983
Feb. 28,
1894.
11
Dec. 19,
Mar 0,
CLEVELAN D.
1893.
1893.
Number........................................................
11
11
Resources—
Loans and discounts, including overdrafts. $23,811,227 $23,000,878 $26,691,184
Stocks, bonds, &c.......................................... 2,065.513
1,874,013
989,238
Due from reserve agents...................
4,041,771
3.747,212
2,747,652
Due from banks and bankers............. 2,053,500
1,977,451
2,045,766
Banking house, furniture and fixtures.......
610,907
509,500
516,400
_
79,830
00,818
194.713
Other real estate and mortgages owned_
Gold coin and certificates...........................
1,703,100
1,713,625
1,539.397
2*4,335
231,610
190,802
8ilver coin and certificates...............
Legal tender notes and certifl’s of deposit..
911,000
1,065.000
1,089,358
Bills of other banks....................................
103,283
152,794
102,420
Exchanges for Clearing-House...................
174,322
175,903
236,404
Premiums on U. 8. bonds...........................
84,881
57,970
11,000
Other resources..........................................
163,424
198,977
114,285
Total....................................................... $35,937,159
Liabilities—
Capital stock paid in.................................... $9,050,000
3urp. and undiv. profits,less exp. and taxes. 2,523,130
Circulation outstanding..............................
1,125,400
Dividends unpaid.............. ,.........................
592
Individual deposits...................................... 18,728.484
Other deposits.......... ....................................
67,621
Due to banks and bankers...........................
3,549,073
Other liabilities...........................................
892,659
$34,765,751 $36,421,685
Total....................................................... $35,937,159
$34,705,751136,421,686
$9,050,000
2.490,272
1,298,700
898
17,809,580
59,859
2,338,207
1,318,235
$9,050,000
2,489,653
733.500
951
18,233,672
62,374
3,803,718
2,047,817
THE CHRONICLE,
April 7, 1894,J
D E T R O IT .
Manner...•
R&sowrcesrLoans and disco ants, inclading-overdrafts
Stocks, bonds, &c..........
Due from reserve agents.
Dae from banks and bankers
Banking bouse, furniture and fixtures
Other real estate and mortgages owned..
GoJd coin and certificate®......................
Silver coin and certificates!
Legal bender notes and certlfi. o f deposit..
Bills of other banks..............
Exchanges for Clearing-House..
Premiums on United States bonds.
Other resources................... .
..
.....................*
— * ■ • ***
*••
i stock paid In... ......................
Sarp. S uadlr. profits, less exp. k taxes...
t
Circulation outstanding....
Dividends unpaid............
Individual deposits..........
Other deposits ...................
Due to banks and bankers..
Other liabilities..........
Total...........
ST. PAUL.
Number.
IS
Feb. 28,
Dec. 19,
Mar. 6,
N E W O R L E AN S.
1891.
1893.
1893.
9
Number,..,.,.........................................
9
10
Resources—
Loans and discounts, including overdrafts. *12,790.873 *14,104,786 *15,830,18#
Stocks, bonds. Ac..... ...................
3,582,334
3,485,783
4,254,731
Due from reserve agents.,.........................
1,088.512
1.885,274
1,337,469
Due from banks and bankers
......
518,620
1.007,445
949,838
Banking house, furniture and fixtures__ _
666,790
065,385
582,227
Other real estate and mortgages owned....
61,576
01,038
Gold coin and certificates -...................... .
498,078
f e
Silver coin and certificates.......... ...... .....
2,291,070
1,425,47^
M
Legal tender notes and certs, of deposit...
1.310,774
1,059.015
l*7l7,fi*7r
Bills of other banks ....... ......... .
73,216
57.474
90,399Exchanges for Clearing House
.......
i,380,001
1,550,179
2.1.86,246Premiums on U. S. bonds.......... ............ .
75.358
75,062
127.09A
54,525
Other resources..................................... . ..
64.785
82.740
Total..____ ________ ____ _
*25,217,317 *25,740,995 *39,2-27,398.
m m M
Liabilities—
*3,125.000 ?X125,000 *3,625,000'*1,400,000 Capital stock paid, in....... .......... .
c
2,5^0.303 2,035.803
2,501,995787 5urp. S undiv. profits less exps. and taxes.
783,093
78X542
837,1933,282.ul0 Circulation outstanding .........................
10,151
20.972
325 Dividends unpaid..............
17,415"
Individ uai deposits...............
15,678,100 15,190.302 18,784,007
10,0*2.358
Other deposits.........................................................
26*07?
2.890.610
2,7iV<ffi6
*,660,953
7,3143,923 One to banks and bankers.. — ..................
155,060
_____ ________ 401,888_ _ m -5‘ 5 Other lia b ilitie s..............................
Total.................................................. . S»5,2t7,S17 |3S,710.9»I
*23^512^355
itfar. 6,
la®3.
§
$4,100,000
ISKSS
8S
7,490,552
297.708
0.1 U»,754
m ,&oo
m m m
u .m o o o
1,213.877
1,270,ten)
8i & i
5,973.056
218,518
120.128.929 f.21,224,382
Feb. 28,
De% 19,
1894.
1303.
5
5
5
*10,884.518 *11.071,533 111*895,795
lAaggj#?
l,407.3&t>
%M *M l
ijm jm
1.172,771
381,212
320,633
624,HU
734,310
769,819
1*3.723
148,137
2.212,015
3,530,0>
*3
2,070,3 IS
jg r 70s
171474
*9,516
IMM7
14&81&
191*515
33 < 5
>2
69,671
r
t38,08f
t f »M o
88M93
371,36*
.....
p o
17,241
83,187
1^,062
112.347
....................
Lm m & discoant*, including overdrafts,.
Stocks, bonds, Ac ......
_ . ...
_
Bum from reserve m eat*------. . . . . ........
Due from banks and banker#......... ....
Banking house,, furniture and fixtures...*
Other real estate- anti mortgages owned..
Gold coin and certificates.......
Stiver coin and certificates
........
Legal tender notes ana certifs o f deposit.
Bills of other hanks........
.......
S&g?
Exuhaojtea fo r C faartng-H ouse . . . . . . . . . . .
P remiaai* cm p aited States b ond*-. . . . . .
Other reaw ees.......... .......... ..............
iiSffilfe:................ ................,UM
*uefl
Capital stock paid in___ ,...,
Sarp- & *odlv. profit*, less exp. 4 faxes.
Circaiaiioc outstanding.......... . ....... .
Wvldend# unpaid ....a ..,.....,,..,... ....
Individual deposits................................
Other deposits..........................
Due to banks and hankers.
Other llabfUUc*,........
T«t*L..............................................
P
*3.8<>X0OO
t*f«UM7
SfekfiOO
8JK7
8,447,616
138,875
W ,m
*i8.ias.i<5o
M I S 5 E A POL IS.
Humber..__
581
*l8.546r
«15 833,048^*1
83BOO.0OO
X.2^*,727
MM09
2*746
8#®M97
HKi.433
2.73%g$gg
50,00
*1.80X000
2,5,9.13*
366,088
„ *-73$
W 3 ,0 t$
455.41*
551.000
Clearings by Telegraph.—Sales o f Stocks, Bonds, &e
—Stock Exchaugre Clearing Rouse Trausaciions.—The
subjoined statement covering the clearings for the cur
rent week, is usually given on the first page of the C h r o n
icle, but on account of the length of the other tables
is crowded out once a month. The figures are received'
by telegraph from the leading cities. It will be observed
that as compared with the corresponding week of IS9 S
there is a decrease in the aggregate ot 35'0 per cent.
So far as the individual cities are concerned we find that New
York exhibits a decrease of 28-9 per cent and the losses at
other points are, Boston l t d per cent, Philadelphia 5*6 per
cent, Baltimore 10*2 per cent, Chicago 22*8 per cent, New
Orleans 35*9 per cent and St. Louis 20T per cent.
Week Ending April 7.
C u u B ixa s.
JWurtu H Ttutfavh.
Sew Yorfe....
B
<xt!>n..........
rWUdelpWa-.
fleiuroore........ ....................
Chicago—
--------------------St. Lorn*____ _______ . . . . .
Sew Ortoaoe______ _______
18©4,
$457,631, S«!7
78.585.4U7
63,958.762
11,263,422
67.399,302
17,72fif107
6,384,618
1893
$625,833,825
98.73U.310
*7,749,427
12,544,547
81,040,300
22,183,670
9,962.22®
Per Cent.
-26*9
—17*4
- lo - a Loans and discount#, tneiad'g overdraft#.. $i< ',619.756 $11,923
■.
-22*6*.
LMS817
s■K
J .ru
U ii.m i
-2 0 1 :
-724.292
►
—35*9'
i&Mio
i£ M t»
g f
Wf
4.81.582
424.770
l s k «
Seven ettle*. S<l»r»___
$700,832,188
$918,044,314
#*L4eo
-23*7
feu'lr#
76.487
124,798,743
175,108,79*
9 *jm Other ettlea, S «a y»........... .
- 2 8 -7 '
426 a5$
*PA»«d
77
jM U
N Ptr
Total att ettlea. S d *r#...
v&i&t-h
$S2M20,832
f 1,093,15 3, I f S
$m'im
-2 4 5 ■
#40,076 A U cltuw, 1 aay.__________
22 ten
141,918,370
197,058,836
-2 B ;i7^i25
****?vo
4%«8?
52,006
Total all ettiee tor week..
*SC7.a *9,311
*1,280,211,9
-s s r
Total ...
$16,176,768- A7*7WU800 |l§e
eeSJI#
■
A n o t h e r table, our usual monthly detailed statement o£tJapitai stock paid m
. . . . . . . . . . . . . a&jfiaoao I M mmmqi
•M60,0Q8 tra n saction a on the various New York E x c h a n g e s , lias also
fLW* A aadlv. profit# let* exp, and «aau^., 1 fc** j ^
**68$*680l
L vgsiol
Cifcumtloa oataeaiPSing....... I................. % n e m
S1L798
888.768 been crowded off of the first page. The results for the t h r e e
D
ividend#unpaid.,.. . . . . . ........ .... .
fVa
&
880
Ijttdlvtdual depoaita*... . . . .......
‘
a r*V'!s3
months o f the current year are, h o w e v e r , g iv e n b e lo w ami fo r
7M %mt
S^d©,r#I
Otherdepoeita, .
,
.
.
'
4 178©
1*
it* v,y'.
res for 1S'ii.i are also printed.
mMm
^SLR H Sfe**® *»«•'«"...........................
2,06^23
.............. .................. s.«o>i2
Other fiaMiitle#,
ASMS4
Them M th , H H
on M & t,
Three Month*, 1893.
Total,
iGUMS&m $17,760,800 *18,628.: 10
Ptwrfftteo. F or Vatu* f Axt-wti
dMr*& Par Value
Actual U m t ,*
Afar.fi,
Jtoe. 19,
or Qu4tntit%
Value.
L O U IS V IL L E ,
Price* or Quantity.
Vatut. | put*.
1S8 X
C
m»s.
&L717J.W
10
It t-Jvlurriji |7W. lot.654
|
{l72S8»9lsj 08*5,
tsO u» xu4
m
taetud’g uvvr4r#fi< , W M 4M 9
rT J ISi*
$128,^57,000 198,881,170 70*9
71*2
w u m jm *mjsr,e*4 RR. bond*..
«*#«*#. hoe«t#. sto.. , ......
g o** hood, itM Cbdii IMI0.5W 1U-3
fl76,3«W
I197.6UJ 1189
Da#
rm
tnrw a»ia»tx.*....................
e
JS i S
l
8Ut*bOTjd* 4 » ,»«,«» “ *I»«K.1U3. 45*0
t s
•484,721 75*0
***** tram bank* *b4 mnkmn..........
",
$7U$H
iwo.i-tsi
065,4511, inr®
P ’43,<m
\
950,181 Bank,rook.
*123,091 181'A
mum&g hotkm, fum iSF# m*l uxtntm.....
»&
. ■
*«** mtntM & 4 moritemsm owtmtt...
&
T otal.,. i»19W «*® { ITJ7.SSt.OI9' M*4 $2,648,680175] |Ts .’99i ; isj 68'9
S S j&
m,rni
m&ti
M,d mm #o.:i ernttUtoam.......
PMTm.Dbl,
nglktO
1198447* 8014c.
rovi*r mm m li rnttinirmim... ....._
m
_
i.bffi.Orio
1£.653,0 *1 61 I-Hr .
mm,
Cotton,Mt. I&MUNM *3»*.ss»4.t«« |K* 2..
La«*i tender botee ecu* «e«ur»ef •aepcM
itl!
tl,7»4»0| IWU.i«7.«<W tiflYO
Tsttjsm
Ormla.buah. Sia.rW . * ..5 ;x :,:• ;,.err, e .i^ .
!>
mimnt oth^r bank# .
245,$m,4 Jf4 ll'JT.Sit.i'.*.1 :i 7-lrto
)
fef,* 10
m m*
■K ietom tm Omrtag ifouxv,__
M
igm
WMO
8f,474 Tot*! T*loa
i%U4
FTfffiiuTO on If, a tom4m,............. ............
#
I (2,7125(50(737.
imjsm
imxm
,....................
83,199
Ihc transactions of the Stosk Exchange Clearing-House
—
L
$17,647,506 from March 28. down to and including Friday, April 8 , also
.K i w S S i '" ................. .................... ...... U M oi^ k
Capiiai «toek paid m,
the aggregates for January to March, inclusive, in 1831 and
endiv. profit*, teat exp. A utW*. fl.id lje ci |4 401.52*1 *4,901.500 load are given in tabular form below.
Ll5?U5k
L4&XI89
1461,06*
Offiibtion mitataoditiff. 687.000
mi.mo
4(0,040
Ifivideaad* unpaid,,.
Individual, depoan*.
•TOOK SXCHAJK1B OLEXJUNO HOUSE TRAXSACriOHS.
9 ,w ^ w
5 .4 8
H w S B S S T “ ........................... ..........
*4*54S
r-SHare», both
iWJM%
830,000
^ e W t w ifik , .r „i
................
S
uk
zi— Balances, one side.------ . Shteler
2,417.34*
iM tm
Cleared, Total Value, Shares. Value.Shares, Cash, a tea r’A
o i Sw im h S u w ............~ 7,, .......... ......... *
m ug
396,470 ItontA9
%
S
Total.
A.
. 8 *,« 0 .(W.T l# 0
$ua*>iy
mz $18,668,944 ’ $17,647,508 2 lt* )IW Z ,s-t 0 g 4 < ,0 0 3,000,600 210.700.000 3,300 600
6,880
„•• SS* '■oj’js.wi i.s(t.«eo.eoo 2,m,QU) ITS,701,040 0,520 000 4.161
m . m,
Mar, Q
,
Drc. 10,
M y., 1893. 2t,W 1.100 l.esw.ooo.iwt
W A S H IN G T O N . D. U,
s.Tss.lflO 7,080
im t,
a BKM..., 78.2*4-^90 5,I9.UO0.I>«
lmm,
um .
WL700 481.301.000 10.618,000
Ifamber..
n
j*n.. i-su. taau.fw i.«waoo.a0o LW O 60.100.000 2,041,040* 20,070
12
dflO
8.8*0
Fob.. UM. 12.st7.d00 7O4.S0O.«O»
1,035,400
bif.-m .m 1,:W
(5,900
S.nm
$7,601,357 Mar.. 1891. IS.Ol^MO l.Wd.m.WH
ifijp jijt
u ,' a’ “ Xd,**?.nu- !n,a'")'0' ■■■*•""'»*»■ n m m
1,452,100 81.809.ooa OK8.700
6.581
S m reserve tdmtjilZZ'J ................
1,970,071
»tao*.... 48,123,430 2,019,8*1,000 3,64L*00 207.li30.000 5,;M
1.7*8.98*;
-!,(W 18,0000
«44,«76
•
—Shares, both sides,—. r ~— Balances, one s id e .---- , She els
»4 J31
l«
1.06L8S1
1,063961
Cleared, Total Vcdue, Shares, Value Shares. C ash .oieur’ d.
*?ra,t®w *n6 axtnre*..... ..
l ,0S3j ^ j
Vtaer raar estate and mortgagtai owned....
I<W43
7.0O0
aat
coin and iwtifiaate*^,
9
•
90SJ43
wlv«r coin and certificate*.
- mm m
•M 2 6 .. 869,200 33,200,000
ar.
61,000 3.300.000 58.000
>2.078
527^90
30 3
Legal tender n « t » .» n d certV i'of g p i^ a ,.‘ !
W
2 7 .. 471,000 27,000,000
80.900 2.700.000 39.000
S**» of r*ther
277
2 3 .. 491,900 25,500.000
W
81.200 2.500.000 41.100
‘as?
283
....
tm jm r
2 0 .. 577.300 29,200,000
188/S'%
218.87*
55,500 2.600.000 61.200
laa*on u . gv bond*......
296
u jm
u,m?>
111.6*9
3 0 .. 663,800 84,900,000
03,100 3,200,000 50,700
2D9>
SgftJSO
l
178.641
292.837
T o t a l . , , , , ,
Tot. w k.. 2 ,8 7 33 001 85,4 00,0 00 290,700 14,300,000 250,600 1,458iMtfisr,js»
.......................... .
WklastyrO,739,300 238,700,000 412,900 20,300,000 43 1,2 0 0 1 ,2 5 0
CkPitai ft.<k paid
..................
«„ >7*
•
harp, a !irlt« !
Apr. 3 ..x ,o o c ,0 0 0 98,000,000
80.900 4.900.000 110,100
to«?£'5X I.r’'8t*' ">•
>
'Li.i'wrt
arcsliti, r
Util
1.431,
3 2(1'
taiioa.rmtafaikiiijg, ....
*■
* -(%
*‘ 3 ..
800,800 31,100.000
00,600 3.100.000 49.000
SttW
fnit.j t„
2*.5
r " " ' ‘; ‘" ’*
’ \ f.:
t,B
Vt
" 1690,000 33,100.000
68,400 2.800.000 6 2.4-10
7 ' ‘ i -1 4i- r■ ii-A
30 2
fS S lti lW
“
3 ..
04(1,100 29.800.0 >0
Ot»*r depo-itrr....
57,000 2.600.000 67,300
310
r.s.im
Maks m dhsW -'
u
"
77-1,500 39,300,000
73,300 3.300.000 71,900
312
tmmi
, « t e luttunis*...... . .
S
toekv. bond#, Ac.__ ...__....___ _
Due Irma reserve agenta.... ............. ........
Due from bank* and banker* ..... ........ ..
Banking bouse, furniture and fixture*...,.
Other real estate and mortgage* tm-wad....
foW cote and certificate#.. . . . . . . . . . . . . . . . . . .
iilver coin and certificate*.. . . . . .
*#
fill* 4tester nvt** and cert'fa o f mpirnH.,.
Bill# of other bank* .......................... .
Exchange for Clearing-tinea*.
PVemi ansa cm 0 . S, hooda.. .... ... ... ..... ..
Other reseinc©#............... .
Total..
Tot. w k .3.717,400 1110,100,000
w/m im fts.9aa.sta tisfizo,w V klastj r,5,012,100 378,000,000
347,100 16,800,000 301,600 1 ,8 5 1
077,600 49,000,000 003,100 1,60®
THE CHRONICLE.
582
The stocks cleared now are American Cotton Oil common,
American Sugar common, Atchison, Chicago Burlington &
Quincy. Chicago Gas, Chicago Milwaukee & St. Paul com
mon, Chicago & Northwestern, common, Chicago Rock Island
& Pacific, Delaware Lackawanna & Western, Distilling &
Cattle Feeding, General Electric, Lake Shore & Michigan
Southern, Louisville & Nashville, Manhattan, Missouri
Pacific, New York Central, New York & New England, New
York Lake Erie & Western, Northern Pacific preferred,
National Lead common, PhiladelDhia & Reading, Union Pa
cific and Western Union.
|V o l .
L VIII.
T
BONDS ISSUED IN AID OF PACIFIC RAILROAD8.
Name
of Railway.
Int. repaid by Companies.
Interest
Principal
Interest
accrued
paid by By Trans By cash payOut
and not
ts;5p.c.
standing. yet paid. the U. S. portation my
Service. net earnings.
Balance
of Inter1
st
paid by
the D. 8.
$
Cen. Pacific. 25,885,120
Kan. Pacific. 0,303,000
Uni’n Pacific 27,230,512
Cen. Br. U.P. 1,000,000
Wes*- Pacific 1,970,500
3ioux C. & P. 1,028,320
$
$
888,277 39,700,181
94,545 10,100,223
408.548 42,110,838
24,000 2,557,808
29,558 2,909,702
24,425 2,490,139
$
0,998,098
4,240.142
14,104,508
595,002
9,307
215,243
$
$
058,288 32.103,800
5,854.081
438,410 27,513.875
0,927 1,955,880
2,900.335
2,274,890
Totals....... 04,023,512
969,8531
99,934,900
20,223,420
1,103,020 72.002,807
DEBT STATEMENT MARCH 81, 1894.
The following is the official statement of the United
States public debt and of the cash in the Treasury at
the close of business March 31,1894 :
INTEREST-BEARING DEBT.
Title of Loan.
lnVry
t
Pay'le
Amount
Issued.
Amount Outstanding.
Registered.
Coupon.
Total.
4 ^ 8 . F’n’d Loan.1891
Continued at 2 p. c. Q.-M.
4 b, F’ded Loan.. 1907 Q.-J.
4a, ReFd’g Certifio’s. Q.-J.
Bs/JLoan of 1904...... Q.-F.
Aggregate excl’d’g
B’ds to Pac- RR.
$250,000,000 $25,304,500
$25,304,500
740,876,850 489,215,600 £70,399,900 559,015,500
40,012,750
00,930
49,900,000 20,827,450 29,072,550 49,900,000
1
1,080,789,000 585,407,050 99,472,450 034,940,930
DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.
February 28.
March 31^
Funded Loan of 1891. matured September 2,1891.. $559,400 00
$555,600 00
Old debt matured at various dates prior to Janu
ary 1,1861, and other items of debt matured at
various dates subsequent to January 1,1801....... 1,311,620 20
1,308,520 20
F a il u r e s f o r F ir s t Q u a r t e r o f 1894.—The following fig.
ures, prepared from Messrs. R. G. Dun & Co.’s statement show
the number of failures in the United States and Canada during
the quarter ending March 31, 1894. For purposes of compari
son like figures for the corresponding periods of the preceding
year are given :
« Quarter ending— ,— Quarter ending—
■
—
*
March 3 1 , 1884,.
March 31, 1893,
No. of Amount of
No. of
Amount of
Stales and Territories.
Failures. Liabilities. Failures. Liabilities.
New England.............................. 580 $11,976,874 359
$5,103,871
Middle.......................................... 1,122
22,911,471 687
15,918,871
Southern .................................... 875
11,509,266 631
8,260,222
Southwestern............................ 290
2,260,556 296
4,381,035
7,238,588 519
5,969,666
Central......................................... 641
Western........................................ 418
4,889,931 371
5,171,995
Pacific.......................................... 371
3,195,493 834
2,517,545
Aggregate........................... 4,297
Dominion ol Canada...............
656
$63,982,179
3,197
$47,323,205
$5,949,102
474
$4,664,319
Aggregate of debt on which interest has ceased
s’nee maturity........................................................$1,871,020 20
$1,804,120 26 I ^ X m i c t a r y I ( C o m m c v c i a l g u o X i s T t l ^ j C F U s
DEBT BEARING NO INTEREST
Lejral-tender notes................................................................................J346.6S1.01800
IFrom onr own correspondent.)
Old demand notes ..........................................................................
55,647 50
National Bank notes:
L o n d o n , Saturday, March 34, 1894.
Redemption account.........................................
25,957,602 00
Fractional currency.................................................. $15,274,716 42
Short loans have been in extraordinary demand all through
Leas amount estimated as lost or destroyed.......... 8,375.934 O
O
, ----------------------- 6,893,78242 the week. Even in the open market from 1% to 3 par cent has
AngTeuate of debt bearing no interest.................................,.$379,593,047 92
been freely paid, and the Bank of England has made advances
on a large scale at 3 per cent. The demand is purely tempo
rary, caused mainly by the collection of the revenue, which
is now going on very satisfactorily, and it is being stimulated
In the
In
Amount
Classification of Certificates and Notes.
because practically business in the city will be interrupted
Treasury. Circulation Issued.
from Thursday evening till Tuesday morning. Both Friday
$137,310 $70,306,909 $70,444,219
8,755,240 329,447,264 838.202,504 and Monday are Bank holidays, and the Stock Exchange will
300,000 52,720,000 53,080,000 be closed on Saturday as well. But although short loans
11,583,402 141,310,855 152,900,317
have been in much request the rate of discount in the open
Aggregate of certificates....................... $20,830,012 $593,791,028 $014,027,040
market has fallen day by day throughout the week, and is now
RECAPITUL ATION.
little better than 1 per cent for three months’ bank bills. Per
haps, however, the strongest proof of the impression prevailing
March 31,
February 28,
Increase or
Classification of Debt.
in the city that money will be exceptionally cheap for a long
1894.
1804.
Decrease.
time to come is afforded by the fact that on Tuesday the
$
$
$
634,940,930 00 625,872,003 00 I. 9,06S,930 00 Chancellor of the Exchequer offered Treasury bills for a mil
1,864,120 20
1,871,020 20
Debt •n which int. has ceased..
D. 0,900 00 lion sterling, and received applications for very nearly eleven
379,593,047 92 379,612.995 17
Debt bearing no interest.........
D. 19,947 25
times the amount. The whole of the offer taken in
Aggregate of interest and non
interest bearing debt............. 1,010,398,098 IS 1,007,350,015 43 1.9,042,082 75 twelve months’ bills, and the average rate was actually under
Certificate and notes offset by
1% per cent, so that the Government has been able to borrow
an equal amount of cash in
a million sterling for a whole year at less than \% per cent.
614,627,040 00 009,900,007 00 1.4,717,133 00
This is the lowest rate at which a twelve months’ bill has
Aggregate of debt, including
oprtifleates and notes............. 1.631.025,138 18 1,617.205,922 43 1.13,759,215 75 ever hitherto been placed.
Gold is coming into the Bank of England in immense
CASH IN THE TREASURT.
amounts, and the movement is expected to continue for a long
Go«J—Coin....................................................$116,223,423
86
Bars................................................. 00,232,615
77-$17d,456,044 63 time ; indeed there is over half a million sterling to be se
Sliver—Dollars.................................................... 365,807.734 00
Subsidiary coin.................................................. 17,073,267 51
cured within a week or so. The reports from South Africa
Bars................................................................... 127,220,207 38— 510,101,208 89
56,089,659 69
Paper—Legal tender notes (old issue) ..........
are that the output there is increasing largely, and that with
Treaeury notes of 1890....................
11,583.462 00
told certificates.................................................
137,310 00
io the present year it will exceed the production of last year
8,755,240 00
Silver certificates...............................................
Currency certificates......................................
360,0 0 00
by not less than a million sterling and probably by two mil
National bank notes........................................ 10,758.808 6t— 87,684,480 33
O her—Bonds, interest and coupons paid, await
lions. The reports from Western Australia likewise are very
ing reimbursement...................................
207,510
81
favorable. It is said that the mines are turning out richer
Minor coin and fractional currency........
l,26d.7?5
73
O p mils in nat’l bank depositaries—
gen’l acc’t.. 11,310.770 94
3,753,926
40 — 16,538,983 18 than any one suspected until a little while ago. Western Aus
DjO'Orslnii officers’ balances......................
Aggregate.......................................................
$790,780,717 73 tralia produced about £400,0.00 worth of gold last year ; now
it is said that it is producing at the rate of a million sterling a
!*>*' EE
DEMAND LIABILITIES.
<4old certificates................................................... $70,444,219 00
year. Furthermore, it is reported that a new gold field has
Silver certificates.................................................. 338,202,504 00
Oeri ifleates of deposit act June 8,1872 ............... 51.080,000 00
been discovered within about thirty miles of Sydney. On
Treasury notes of 1690........... ............................. 152,900,317 00—$614,627,040 00
Fund for redemp. of uucurrent nat’l bank notes 6,984,622 05
the other hand, the demand for gold, which was so strong
Outstanding chocks and drafts...........................
5,039,6u0 18
Disbursing ofiicers’ balances. ............................. 25,665,606 14
lately on the .part of several great governments, has almost
Agency accounts, & c ...............
4,513,823
63— 42,203,65255
completely ceased. Russia has not taken any from Western
Gold reserve................................. $100,000,000 00
■N cash balance.......................... 83,950,025 18.......................... 133,950,025 18 Europe for a considerable time past; neither France nor
et
Aggregate................................................................................... $790,780,717 73 Germany is importing the m etal; Italy, Spain and Portugal
flash balance in the Treasury February 28,1894........................... $138,662,304 97
Clash balance in the Treasury March 31,1894................................. 133,950,025 18 are parting with i t ; and although Austria-Hungary is prepar
Decrease during the month
$4,712,339 79 ing to complete with very little delay the reform of its curCERTIFICATES AND NOTE3 ISSUED ON DEPOSITS OF COIN AND
LEGAL-TENDER N01E3 AND PURCHASES OF SILVER BULLION.
THE CHRONICLE.
iw i.
vm .
im .
Mch. 28.
McKtS.
Mch. 13.
M
.
£
h
*1.443,706 24,702,62$ 24,703,115
fnbtte deposit*.,
10,013.411 11.^06,086 13,732,013
t7.2S4.337
20,059,858
1JM 0JO
SO 0 10,783,124 11,339,231
Other M
eurRSe,
n jm .o m 28j96,t2? 29*801.020 35,192,609
B *o f ante* usdcorn.,.,, 22,005,70:3 w*mn,79t tr.im .im 14,032,180
aser*
Coin A bullion, both depanat’t 30*«31.713 *7,072,406 2$,66r*,30$ 23*18$,30X
49*
Prop. ?#*erv* egtl*b(tttie* ,p .,
m s-10
43 13-18
$m
3
Ban* rat* .......................twr t a c t .
%
3
2*
09 11-16
m i-i6
0$ 11-10 m u -i0
Clear! on Hops* retnrna......
132,71**009 m tjm jaoo 140,001*900
WM.
Mch, 21.
M
24.33a,015
12.023.4*3
e im p o r ts o f c e r e a l p r o d u c e in to th e
1893.
Ayer. price wheat weeh.21,6, 3d
Average prtoe, season. .26a. 3d,
This week..
1893.
2,880,000
450.000
320.000
422,000
437,000
1892
2,887,000
448,000
386.000
E n g l i s h F i n a n c i a l J l a r h e t s —P e r C a b le .
The daily closing quotations for securities, &e,, at London
ire reported by cable as follows for the week ending April 6 :
Sat.
London.
Tties.
Mon.
Wed.
Ih u rt.
Fr\*
28%
99%
99%
99-50
283ie
100
1001l6 100
99*10 99'27%
72%
66
97%
133%
53%
57%
104%
18%
80
3!l?er, oer o*.................d
0bisiu3,new,2% p er ota.
io for account.........
W ih rentes (In Paris)fr.
r
U. 3. 4s o f 1 9 0 7 ............
Canadian Paoiflo............ 72%
iXH
Onto. MU. & 8t. P a a l—
U inois Central............... 97*4
L%kf> Shore...................... 133%
52%
GooisviHe & Nashville.
‘> ericati Central 4 s ....... 56%
1
X. Y. Central & Hudson 104%
N, Y. Lake Erie AW est'n 19
do
2d eons............ 8d%
Norfolk A Western, pref. . . . .
Northern Paoiflo p ref... 23%
Pennsylvania.................. 52%
Philadelphia* Reading. 11%
Union Paoiflo................... •22%
Wabash p r e f................... 16%
29%
23%
.9 9 % , 99i %e
99%
99%
99-45 99-35
72%
68%
97%
132%
52%
57»a
104%
18%
84%
....
22%
52*%
10%
22
16%
72%
65%
96%
133
53
58
104
13
83%
71%
65%
96%
133
52%
56%
104
17%
83
7108
66%
96%
133
53
56%
104%
18
83%
22%
52%
10%
22^8
17
21%
52%
10%
21%
17
22%
52^
Ills
22%
18%
23%
52%
11%
22%
17
( g jo m m c v c it t t a n t i B X i s c c l L v n c c i u s g|exxrs
C o in a g e b y U n it e d S t a t e s M i n t s .— T he follow in g state
ment, kindly furnished us by the Director o f the Mint, show s
the coinage at the Mints of the United States during the month
of March and the three months of 1SW.
*
JterwminaHon.
Hared.
Piece*.
Three Montht.
Value.
Piece*.
Double eagle*-----. ..
Saglea............ ..
Half eaicleo...............
585,277
2 LOOT
9,011
*
11,705,540
250,070
48,055
Ooarter e a g le*.........
13
32
Value.
1,457,727 29,154,540
54-4,107 5,441,070
10.611
83,055
13
32
Total g o ld . . . . . -----
019,909
12,003,097
Silver Dollar*...........
Half d ollar*..............
Quarter d olla rs___ _
252
668.252
920.252
252
252
334,126
230,063
25
252
2.146.252
1.308.252
252
252
1,073,120
342,063
25
Total silver............
1,589,008
504,460
3,515,008
1,415,468
Five cen t*.................
One cent....................
612.782
70,202
30,038
703
2,736.702
5,510,282
138,838
55,403
8,277,024
192,241
Total m in o r . . . . . . .
683,024
31,341
2.891,940
Total coinage.......
2,018,458 34,078,697
12,599*504
13,810,490 30,286,404
G o v e r n m e n t R e v e n u e a n d E x p e n d i t u r e s . —Through toe
courtesy of the Secretary of the Treasury, we are enabled to
place before our readers to-day the details of Government
receipts and disbursements for ttie mouth of March. From
previous returns we obtain the figures for previous months,
and in that manner complete the statement for the nine
months of the fiscal years 1893-91 and 1892-93.
Be c h e ts (000s omitted).
1896-94.
Cus InUr't
toms. Bw'u*
•
14,634
12,145
1SJW0
11,000
10,219
9.213
12.437
10,389
u.aw
t
120
186
707
1,085
1,089
3.032
2,744
a.lit.
1,085
*
1,533
1.183
544
817
UK
2,141
2,810
828
076
Cus Inter'l N.Bk. M
Rcd’p. UCH Total
tom/. Rw’ue Fund. Srcss
t
91,571
34,033
31,841
Oct.. ..
31,830
Nov-...
28.705
D ....
©C
34,778
Jan......
35.688
Web,.,.
30,010
March..
34,438
9 moM.-10l.016U04.83St 12.450 12,269 235.507 157,845 120,805 9.444 14,830
99
inlf..,.
hns...
$
14,869
10,563
11,486
12,738
12,054
12,448
9,015
11,050
12,60m
1892-93.
100*1 lotal.
SPrce*
i
%
>
81,028 ! 17,205 14,860
24.057 18JBS 14,068
25,290 17,21C 13,738
25,818 10,366 14,151
25,019 14,289 13,051
20,834 17,255 14,743
27.036 80,067 12.004
24,759 10,936 11.317
23,928 ! 19,865 12.931
*
257
55i
43
MS
55
W
O
nw
312
882
i
2,243
1,144
852
768
1,420
2,634
2.810
1,445
1,520
70,145,110
02,241,352
Inly....
Aok. ..
Sept—
Oct.. ..
Nov....
Deo....
fan.....
Pob....
«arcb„
Pm- 1 Instems,
*
17,791
21,042
IMPS
10,667
18,063
10,022
15,157
14*93?
17,518
* ! *
14,758 7,127
11,800 397
10,787: 198
10,840; 2,582
10,880 2.1m
.1.8,7731 281
8,5m i 7,157
11,529 250
X
8,373j 246
1892-98.
M.Bk.
6
418
291
220
496
1,382
95
01
1,178
1,097
1,105
Total.
Ordi
nary.
«
40,094
33,596
25,J»8
30,035:
32.684
30,995
33,488
27,823
32,242
*
16,051
17,632
15,291
14,353
15,854
18,381
18.209
17,050
17,115
» JIM. I60,20il!t07.152 8U07 7.156 285,705 148,026
.
!N.BkPenln‘ Rrt'psi&m. ierutlFund.
1
$
*
14,235 7.048
BIS
18,478 830 641
12,654 247 725
11,082 5,163 093
13.432 305 1,108
14,932 27.3 818
IS.O
SB 7,104 902
13.493 32/
8U
18,889 679 740
2t.6«a
total.
I
37,240
32,081
88,917
31,881
30,740
34.42D
30,253
31,078
32.873
I
1801-92.
1890-91.
40,109,110 30.110.052
10,830,097
8.817,193
1 9 . 185,809 23,174,107
..
Ordi
nary.
r51
1890-91.
30.420.052
12,807.467
7,309,052
1,123,895
1,799,448
14,769,750
8,047,193
Supplies available for consumption (exclusive of stocks on
September 1 ):
97,49 1,823 03,298.186
Last week.
Flour, equal to qra. ? 3 '427>00° i
Vlaize.................. ars.
383,000
1893-91.
1892-93.
4891-92.
Importsofwhsat.cwt.32,120,797 35, .179,815 40.109,410
Barley.. . . . . . . . . . . . . . . X9.579.397 i 0.028.726 12,9 ,'0,651
O a t s .........
— 645.701
-----9.794,291
7,890.690
1,569.377
1,373,213
1,033,058
2,079,737
2,482.388
3.115,898
Indian ©
ora
18,606.947 18,313,231 14,839,721
Hour....... ............ 10.723,246 11,735,020 10,850,007
Total-............... .
1890-1. <
34a, 5 a ,
32s. 4d .
TJlSBtrasEM ESTB ( 0 0 0 * o m i t t e d I
189394.
1893-94.
1892-93.
" “ " a t ................d w t.32,126,787 35.579.015
imports of Boar........ 10,723,348 11.7 jH .020
o f borne-snowi). 14.313,799 13,952,321
1891-2.
33a. Od.
35s. 9d,
W
heat........... tjr*. 1 o , ey aaa i 2.S66.000
•on compared with previous seasons:
ntPOBTS.
.
1892-3.
24a. 9d.
27a. Od,
The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
C C iO i
O O tO
rency, the general belief both in Austria and here in London
is that the whole amount required will be obtained in the
United States. The prospect, therefore, is that money will
continue to accumulate here in London in a most unusual
way. This is undoubtedly helping in the improvement of
trade. It is leading to the expectation that after a while we
shall see the bringing ont of loans and companies re-com
menced upon a very great scale, and that before the year is
out there will be a marked revival of speculation.
The India Council offered as usual on Wednesday 50
lakhs of rupees in bills and telegraphic transfers, but sold
only about 31 lakhs at Is. 1 13-16d. per rupee. On the previ
ous Wednesday it sold the whole 50 lakhs at Is. 1 15-16J, per
rupee. Trade in India is very quiet, owing to the disturbance
caused by the closing of the mints and to the extremely low
prices of produce in Europe. Merchants, therefore, are not
selling bilk, and as the exchange banks cannot obtain mer
chants’ bills easily, they have greatly reduced their demands
for council drafts. The silver market is quiet, although there
U a fairly good demand for China, and the best judges think
that there will be a strong demand for India before very
long. The price fluctuates around 2T*^d. per ounce.
As the Stock Exchange is closed from Thursday evening to
Tuesday morning, there was but little business doing this
week. Still, prices were well maintained, and the feeling
was even more confident than it has been previously. The
extreme cheapness of money leads to the expectation that be
fore long there will be an outburst of speculative activity, and
this is strengthened by the fact that investment is going on
most satisfactorily. It is spreading out into new directions,
and shows every sign of continuing for a long time. Trade ia
better than it was ; the revenue is coming in in larger volume
than had been expected ; the railway traffic returns show
satisfactory increases, and everywhere there is hope. There
ia a fair demand for good American bonds. It cannot yet be
called either a strong demand or art obtrusive one ; but it is
growing and will steadily grow. As yet, however, there is
no inclination to speculate. Even professional operators do
not care to run risks for more than a day or two. Upon the
Continent businers is quiet, but confidence is stronger. In
Germany, more particularly, there is a very hopeful feeling,
now that the commercial treaty with Russia is ratified. It is
predicted that the advantages will by no means be confined
to trade, but that before long Berlin will once more become a
great market for Russian securities. In Austria-Hungary there
is some slackening of the speculation, which threatened to be
come too reckless, and in France there is also a quieter feel
ing. The great Paris bankers, however, predict as boldly as
ever that we are on the eve of a great outburst of activity.
The new English Bank of the River Plate suspended on
Thursday. It closed its doors in 1891, was reorganized in
1892, but never recovered business. By the reorganization
the creditors have control of the bank, and as they were
losing money they thought it wisest to apply for a receiver.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.,
sompared with the last three years:
583 1
m
April 7, 1894]
THE CHRONICLE.
584
B o n d s H e ld b y N a t io n a l B a n k s .— The following interest
ing statement, furnished by the Comptroller of the Currency,
shows the amount of each class of bonds held against national
bank circulation and to secure public moneys in national bank
depositaries on March 81.
77. 8. Bonds Held Mar. 31.1894, to Secure—
Description o f Bonds.
Public Deposits
in Banks.
Bank
Circulation.
$1,195,000
1,013,000
12,203,000
400,000
$15,773,000
22,329,550
161,933,850
2,897,450
$16,968,000
23,342,550
174,136,850
3,297,450
Total............................
$14,811,000
$202,933,850
$217,744,850
C h a n g e s in L e g a l T e n d e r s a n d N a t io n a l B a n k N o tes to
A p r il 1.—The Comptroller of the Currency has furnished
us the following, showing the amounts of national bank notes
March 1, together with the amounts outstanding April 1,
and the increase or decrease during the month; also the
changes in legal tenders held for the redemption of bank
notes up to April 1.
National Bank. Notes—
Amount outstanding Mar. 1,1894
Amount issued during Mar.............
Amount retired during M a r ..........
$1,556,990
1,160,355
Amount outstanding Apr. 1,1894*.
396,635
$1,039,002
1,160,386
Amount on deposit to redeem national bank
notes Anr. 1, 1894.......................................
$26,330,810
$468,250
$9,478,890
143,000
$ ............
24,900
” i',840
27,010
75,525
12.375
53,555
22,205
10,006
1,032
$4,413
10,069
1,009
117.787
90,161
170.051
10,481
Total 1894..........
Total 1893..........
Total 1892..........
$520,160
620,381
793.050
$9,785,550
7,445,146
6,548,858
$12,878
1,425
15,729
$403,971
1,632,846
355,252
—The committee of the 7 per cent consolidated and 5 per
cent general mortgage bondholders of the Denver Water
Works bonds, D. A. Heald, Chairman, notifies bondholders
who have not deposited their bonds under the agreement of
the respective committees that the sale of the property will
take place on April 20th next, and that outstanding 7 per
cent consolidated bonds must be deposited with the Farmers’
Loan & Trust Co., of New York, and 5 per cent general
mortgage bonds with the Central Trust Co., on or before
April 14th next.
Shares.
Corn Exchange Bank ...2 7 5
Ohio Central KR............. $25
N .Y .& Perry C.& I. Co..$10
Rome & Decatur R R ___$12
Beecher Schenck Com
pany, $1,000 each
$11
25
300
100
600
10
$26,209,427
25
10
15
13
23
Jan. 1.
Feb. 1.
Mar. 1.
Apr. 1.
$
$
$
$
$
SEnaolv't bhs.. 1,179,084
933,514 1,157,594 1,574,814 1,660,578
Llquid’gbbs.. 4.666,659 4,837,173 4,774.443 4,926,545 4.877,356
Red’c’g undr.
act of ’74..* 15,404,536 17,573,635 19,042,217 19,829,451 19,671.493
21,250,279 23.344,322 24,974,254 26.330,810 26.209,427
Total...
■ Act or J une 20.1874, and July 12, 1882.
I m p o r t s a n d E x p o r t s f o r t h e W e e k .— The
following are
the imports at New York for the week ending for dry goods
March 29 and for the week ending for general merchandise
March 30; also totals since the beginning of the first week in
Januaiy.
FOREION IMPORTS AT NEW YO RK .
For Week.
1891.
1892.
1893.
1894.
Dry Goods.......
•Gten 1 mer’dise.
$2,317,415
7,870,653
$2,670,564
9,666,701
$2,453,663
11,877,704
$1,525,410
6,778,997
Total..........
Since Jan. 1.
'Dry Goods.......
Gen’l mer’dise.
$10,188,068
$12,337,265
$14,331,367
$8,304,407
$38,937,913
99,192,675
$37,282,858
106,893,965
$45,270,229
128,739,374
$24,893,645
86,908,818
Total 13 weeks. $138,130,588 $144,176,823 $174,009,603 $111,802,463
The imports of dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending April 3 and from January 1 to date:
Shares.
Shares.
L. & M. Riv. RR., pref... 13*2
20 Third National Bank of
L & M. Riv.HR., corn... 6
Jersey City.................... 124*«
Central Nat, Bank, X.Y.122*s
4 German-AmericanBmk.l21*4
Nat. Bank of West Troy,
1 Founders’ Sh. Ger.-Am.
N. Y .................
104
Invest. Co. of N. Y. C ..104
2 Member. N. Y. Produce
Mechanics’ & Farmers’
Bank of Albany........... 402
Exchange.......... $495 & $500
Third Avenue RR. Co.-.176
56 Prospect Land&Imp.Co. 85
Right N. Y . Society Li
20 N. Y. Equit. Gas Co___x l8 5
8 Eden Musee American
brary.............................. $10-50
Clinton Hall Associ’n ... 65
Co., Limited— ............. 40
X . L Law Inst., subject
6 Nat. Park Bank....... 280-283*4
to $250 dues..................$2
Bonds.
$500 Blooming Grove Park
Mercantile Nat. Bank...176
Association 1st M. 4s, MAN 55
Greenwich Fire Ins. Co.118
City Railroad Securities—Brokers’ Quotations.
For the week..
Prey, reported.
Total 13 weeks.
1892.
$5,696,552
82,639,709
Central Crosstown—Stk..
lstmort., 6s, 1922.M&N
Cen. Pk. N.& E.Riv.—Stk
Consol. 7s, 1902— J&D
Christ’p’r & 10th St.—Stk.
lstmort., 1898---- A&O
$6,461,490
77,486,441
$88,336,261 $105,959,253
$83,947,931
$94,949,288
The following table shows the exports and imports of specie
at the port of New York for the week ending Mch. 31 and since
January 1, 1894, and for the corresponding periods in 1893
and 1892:
GAS COMPANIES.
Germany....................
West Indies...............
Mexico........................
South America..........
A ll other countries..
Total 1894..........
Total 1893..........
Total 1892..........
Since Jan. 1.
$2,501,300
$264,640
1 .CO)
3,000
5,417,544
3,000
70,325
1(2,330
$268,640
615,225
724,270
$8,094,499
34,201,703
12,. 67,525
Bid. Ask.
Brooklyn Gas-Light........ 110
105
115
Jersey City & Hoboken.. 180
105
Mutual (N. Y ................... 147
160
150
People’s (Brooklyn)....... .
60
100
80
S p e n c e r
10
W ALL
2 ’.3|
116
135
200
177
1143*
GAS COMPANIES.
Bid. Ask.
Metropolitan (Brooklyn). 135
145
102
Fulton Municipal............ 140
105
186
100
75
Common........................
140
142
190
77
31
STREET,
$30,000
122,555
17,370
310
S a m u e l
7,345
13,294
$190,974
107,180
365,351
$2,943,317
4,365,524
5,724,413
&
C o .,
NEW
YORK.
D .
D a v is
&
C o .,
BANKERS,
NO
Since Jan. 1.
$645,369
1,551,942
461.321
59,267
12,949
181,981
30,488
r a s k
Bonds and Stocks Bought and Sold on Commission. Dealers in State, City and
Railroad Bonds. Correspondence invited.
Imports.
Week.
T
BANKERS,
S ta te a n d J a m e s S tr e e ts , A lb a n y .
EXPORTS AND IMPORTS OF SPECIE AT NEW YO RK .
Week.
50
112
57
N. Y. and Brooklyn Gas Securities—Brokers’ Quotations.
$7,314,547
87,634,741
Great Britain............
108
133
104
103
103
100
104
174
108
105
17
140
115
145
110
135
105
125
100
260
105
1894.
$7,837,272
98,121,981
Gold.
100
D. D. E. B. & Bat’y —Stk.. 123
1st, gold, os, 1932..J&D 105
98
30
Eighth Avenue—Stock— 240
186
Scrip, 6s, 1914............... 100
..... 42d & Gr. St. Fer.—Stock 295
42d St.& Mau.& ht.N.Av. 45
lst mort. 6s, 1910..M&S 110
2d mort, income 6s. J&J ....
104 F fl, W. St. & P, Fer.—Stk. 200
lstm ort., 7s, 1894..J&J 10 3
176
Long Island Traction...... 21 l4
110
Metropolitan Traction — 114 i*
132
17Hi
Second Avenue—Stock... 132
1stmort., 5s, 1909.M&F 102
120
Sixth Avenue—
Stock...... 190
175
lstm ort., 5s, 1937..J&J 114
140
— |Twenty-Third St.—Stock. *90
^ a tiM th g a n d f i n a n c i a l .
1893.
Exports.
Bid. Ask.
Bid. Ask.
Atlantic Ave., Brooklyn..
Gen. M. 5s, 1909... A&O
Bleek. St. & Ful. F.—Stk.
1st mort., 78, 1900.J&J
B’ way & 7th Ave.—Stock.
1st mort., 58, 1904. J&D
2d m ort, 5s, 1914..J&J
B’way 1st, 5s, gnar.1924
2d 5s, int. as rent’1.1905
Consol 5s, 1943_ J&J
_
Brooklyn City—New stk.
Consol, os, 1941__ J&J
B’klyn Crosst’n 5s.l90S
EXPORTS FROM NEW YO RK FOR THE W EEK.
1891.
Shares.
20 St. Louis & Hannibal RR.$5
550 Hazard, Hazard & Co.. .1
Bonds.
$2,000 Grass Valley Land
Loan & Irrigation Co. 6s,
1 910........... ............................ $12
By Messrs. Adrian H. Muller & Son :
According to the above the amount of legal tenders on 15
deposit April 1 with the Treasurer of the United States to 175
redeem national bank notes was 826,209,427. The portion of
1
this deposit made (1) by banks becoming insolvent, (2) by
1
banks going into voluntary liquidation, and (3) by banks re
1
ducing or retiring their circulation, was as follows on the first
o f each of the last five months:
115
Dec. 1.
Since Jan. 1.
Great Britain..........
Franoe.................
Germany............
West Indies...............
Mexico............
Bouth America..........
All other countries..
121,383
'Circulation ol National Gold Banks, not included in above, $94,877
Deposits by—
Imports.
Week.
Since Jan.l.
Week.
Auction Sales.—Among other securities the following., not
regularly dealt in at the Board, were recently sold at auction:
$207,384,183
By Messrs. R. V, Harnett & Co.:
$207,780,818
Legal Tender Notes—
Amount on deposit to redeem national ban*
notes Mar. 1 ,1 8 9 4 ...................................... .
Amount deposited during Mar......................
Amt.reissued & banknotes retDed in Mar..
Exports.
Silver.
Total Held.
YJurrency 6s......................
•2 per cents........................
Ip e roe n ts.......... ...... . . . .
5 per cents... . — ..........
[VOL. L\ i l l.
4 0 W A L L S T ., N E W Y O R K .
Sam uel D . D a v is .
THE
C h a s . B.. V a n N o st r a n d .
M ER CANTILE
N A T IO N A L
BANK,
OF T H E C IT Y OF N E W Y O R K ,
No. 1 91 Broadw ay.
Capital,
S I ,0 6 0 ,0 0 0 1Surplus Fund, - 8 1 ,0 0 0 ,0 0 0
WILLIAM P. ST. JOHN. President. I FREDERICK B. SCHENCK. Cashier
JAMES V. LOTT, Assistant Cashier.
ACCOUNTS SOLICITED.
-
A pril 7, 1894. J
<p te
2
the
c h r o n ic l e .
j a n k e r s ’ M w z z iU .
d i v i d e n d s
Same of Company.
K a J I r o a tis ,
Berkshire iquar.)..... ................. ..
Boston &Prov. truar. (qaar.)....
^European & North A m erican ...,
B ci R ivei guaranteed............. .
Maine Central (qaar.)
..............
Northern, N. H. iquar.).......... .
■Old CoioBjf f q i t a r j .....____. . . . . .
Philadelphia * Trenton I'onar.K.
Pittsb. Cm, Chie A at. B., p re f.J
S toa x City & Paeifie p t e t ........
United N. J, RH, A Canal gu.lqii.j
Vermont & Massaelmsetta guar.
Western P en n sylva n ia.
......
B a ttle * .
N, Y. Produce -Exchange........ .
F ir e I iifo r a n c e ,
North R iv e r .. ..... .................... .
T r u s t C o m p a n ie s .
N. Y. Security Sc T ra *t,.......... .
y iiM o e ila n e o u -* .
Cladia ?J3. B,i Co. com. fquar.) . .i
do
d o 1st pref. iquar.) 1
do
do 9A prefqquar.j
M etropoli^ia T r a c t i o n . |
N- Y. & N, J . Telaphoae -qoar. s.
Standard aas-L lgat p r t t iquar.)
'Worthington <H. ft.) Co -, pref.
.
585
account fell off, and on the other hand there was a fair
w ^m od«-ate.Ua mak® April remittalices>
tfo supply
_To-day actual rates of exchange were ss follows: Bankers-
rS S n S f"*
B tr
Oent.
When
Payable.
Books Closed.
(Days inclusive.)
I % April 2 -----2is April 2 ------2ia April 1 6 -----1 H April 5 -----1H A pril 2 -----1*4 April 2 — —
1% .April 2i-----2*s April 10]------
®48Tk! dem aad > 4 8 8 ^ @ 4
A pril 6.
to
TO
to
to
to
to
to
to
to
to
to
to
to
3*3
2*3
3
4
April 2 April 1 0 :Aprs! 7 April 14 -
3
April 16 April 9 to April 16
3
April 10 April 4 to April 8
5
May
1%
S illy D ays.
Prime bankers' sterling bills on London
Prime oommeroial.........................
Documentary commercial .
.........
Paris bankers (francs)
Amsterdam (gpUaens) ba n k ers....
Fraaklort or Bremen(relotmiarka) b'nkers
4
4
4
5
The following were the rates of domestic exchange on New
\ork at the under-mentioned cities to-day: Savannah, buyinir
S M S ' S . ’ ■ S t , ‘S S W b 'X S M f t
S S S S S S S . * ^
70‘ - pet
to April 16
c0
to April 10
to May 1
W A L L STR EET, F R I D A V . A P R I L 6. 1 * 9 4 - 3 P. M
The Money Market and Financial Situation.—While
the country wait* for the second great event, namely, the
settlement of the taritT question in some shape or other there
-h an undertone of greater confidence in regard to business
affairs, and a growing belief that there will be decided
improvement as the year wears on.
1% Wto little to be expected of railroad earnings before
*
spring fairly opened, as the net income in winter is at the best
almost nominal on some of the Northern and Western lines
but now we may hope for a gradual improvement in net
earnings through a strict economy in expenditures
There u progress reported this Week in several o f the railroa*l reorganizations, and Erie, Richmond Terminal and Chi
cago & Northern Pacific all seem to lie hastening towards a
conclusion. It would be absurd anil irrational to take the eamzarit
’ L ' t0 Apri1,18W’ 88 8 basU for th,} reorganlm
Ifn T „fi
e,,'5rf -3 on any ot our defaulted railroads and
bondholders would do much better to simply wait for improve
ment and hold their hens in the meantime. When a company
*2 "
d 6f 8,‘ 1 11 13 obviously for the interest of the stockhold»Lih'‘ m ta P *
*«de.) down for all future
time, but this cour^ is not for the honor of American railroad
f , n‘;ni - and should 0Rlv
adopted to such extent
as w absolutely necessary,
»
United States Bonds.—Quotations are as follows:
Apr.
4.
-*-• . . . . . a . . . . . .
4 b, 1 s
H>7...........
4*. 1907..........
58, 1994...........
5s, 1904...........
i;». car'cy.'us..
6«, oar’oy,‘ 9a..
6s, ciarV.i,'£,7..
6s, onr’oy.'SS..
6s, enr’eyt*99..
Apr.
* 96
113%
*113%
•117%
'117%
*102%
*105
*107
*110
*113
------- to
1M April 10 April 6
l*s April 1 6 —— —
1
April l<> April 3
3<0 -May
1 April 21
Demand.
871a®4 SS 4 89 3 4 8 9 ^
S 6 V 8 4 86%
36% a>4 86>s
171j®5 1 6 V 5 15 ^ ® 5‘ l5
40% ® 40% I 40% 940%
95 ‘4995% j 95% 09 5%
April 15; April 7 to April 15
l ii f * r
1 April 16 to May
S S K fc a b S ,
Posted rates of leading bankers are as follows :
96
‘ 113%
*113%
•117%
118
*102%
•105
*107
•no
*1)3
*
At
*96
114
* 118%
•117%
118
*102%
‘ 105
4107
*110
*113
*TW»U the price bid at me morning board \no «al« waa maae/
Coins.—Following are current quotations in gold for coins:
Sovereigns........... S I 87
.Napoleons............ 3 87
-- X Kciclumtrks 4 70
28 P r e e n * ... . . . . *. s o
Span, Doubloon*. 15 55
Mex, Doubloons. 15 55
Fine gold bar*.
par
f 4 90
V 3 92
■ 4 so
tt
a 4 90
,» 15 7.5
el 15 75
a % prciii.
H no silver ba rs. . — 62 a — 63
l ive fra n cs,........ — 90 it — o >
.Mexican dollars.. — 3 j <> _
•
Da nnoom V Jal.,------. , i _ _
I V n im n sals . . . . - 49 a _ 50
English sliver— 4 9 0 a, 4 90
U.b. trade dollar* — 55 is — 65
United States Sub-Treasury.—'The following table shows
receipts and payments at the Sub-Treasury.
*
Bate, [ Receiptt.
0^ ,..___ _
Coin.
Mar-31
Apr. 2
*‘
3
“
t
*’
5
** 6
Total
$
3,200,426
2,403,107
>, 122,213
1
2,5 21,6 01
3.449,140
1.967,411
$
2,490,164
2,677,478
3,964,707
2,861,5 44
2.590,642
3,6 :3,5 19
31,730,9131 17,238,452
$
104,958,417
104.978.257
105,002,220
105,045,294
105,019,025
105,016,333
..........
Balances.
Coin Ocri'g,
1,068,383
820.687
1,0 '2 .444
1,339,812
1,334.395
1,179,496
Currency,
,
*
45,932,430
45,939,519
50,837,805
50,193,919
61,085,143
50,526,399
f dvaRCs io " beat is so far a promising feature, and
railroad traffic will be greatly stimulated when the farmers
Sta.tf al,< RAMroa.1 Bonds.—Sales of State bonda at the
l 1.
-can again obum a fair price for their products. The report
«
v
d lrust receipts, stamped,
r ana'la,.n ! f®**® Rahway, Just issued, mentions thwa! at Xs "® U g
D
*r 't- funded debt 2 -3s of 1981 at
the greatest desideratum o f the present moment, for the v, y. M
re-establishment o f it., earning.-.
at to:‘ 810 1^ ; I r ” !
«8 8 ‘ W a t-S |S,flOO do. 5s
at . ,d ?lU,wON.t . sp, tax, \\, N.C. issue, V-78;'.; Si 000 Ala
Hie various company reports for 1893 now coming out
B bonds at 10!); I ' i.O O Ea. coneola at O
O
a.
fnrni
****;? ‘‘ “‘ te fully in the CHBCmCLE,
Kaliroad bonds have U»,-n quite active, the bulk of the
Th. v t dl th'1
ra*d‘n* for bankers and investors,
'ciaU“ ‘s “ usual. The Richmond
T .ijy tell the story of the pmt year with its great difficulties TvfmrT 1 fr lm‘r'" on f iH
I n lT '» a! ° truf c rT eiPts, aBd duUateral 5s trust receipts
luive been purchased freely on the nearer prospects of reor8“ d fhp, W8ek we hove *u, b prominent comt ajth UenenU Electric and the Canadian Pacific Rail- jamzauon and close at
and 25 *4 respectively ; the Cfouid
V>uthsiinterns have l>-en active on most of the issues, the
The open market rates for call loans during the week on
f’
r
th ?
^ u d collaterals have ranged from 1 to 1 *4 per cent, aI’I; s h lt i n T in T!lf- ibusiness Inilnd St' Louis South westerns
“ 81
‘
consequence of the better
3
ovJ r 1
.
To-dny rates on
P“ ‘ oa
properties since the reports for 1893
wen- issued. Mo, Kansas & Texas bonds also continue in
S
t
o
S
n! ! , e commorclal m m quoted
tevor at higher t»rices. The Chicago & Northern Pacific 1 st
The Bank of England weekly statement on Thursday mort. o., have been prominent, with large dealings at higher
baIli» « of £197,077 and the percentage flfures, owing to the increase in amount of bonds deposited
of reserve to liabilities was 53'Ht. against 5i*87 lad
-k the with the reorganization committee.
o f f t M M d " - to*10* unchanged at 3 per cent. The Bank
Railroad and Miscellaneous Stocks.—The stock market
or t ranee shown a decrease of 1,333,000 franes in gold and
. ! " $ 80,116 bjxiL of decided weakness.
s
« » increase o f 2 ,000,000 francs in silver
8
*eneral Electnc deollned after the annual report was issued,
of March ),orkh^ ‘ t-AClear‘ ng‘ n ° use b8nki’ in ‘ heir statement but this seemed to bo more from bear attacks than from anv55 S
and »
j a?
in the reserve held of
in, the reP,:,r‘ the latter in fact showed a
txn d •8 . g & S ? o w tlw required reserve of
4i
i to. m lnf " ', lal “ auageroent-and the stock doses at
nnBtfiOO.leO, against $79,1/77.050 the previous week.
sold down a trifle on Thursday and
recMtlsdtom t t "!(* ' T le K fln 8 er stocks and Atchison have
mx.nUy been steady on a moderate business, though Atchison
! ? ? . somewhat affected early in the week by the suggestion
'
*
„
*
S
Capital..........
nLm L ? ^ ? 8nt
ti,e Bto° k- Tiiero has been quite am ove,'U ®
—— —•
60.122.700 60,372,700
S a r p la * ___ _ _
?tooks
he Gould roads following
i fm v r , • T t ¥ , %
JO.IH'J.iW 60,701.100 the l i £ tl,e lo w *PnC6dPacific 1Of ‘week.
Loans A 6
*} •'Lssoun
last
Wabash, Texas &
'in S iR 1 ‘ T A' ' b0 *33,.:,21. mmi 4*,9,726.100
J
ClrnulatloD___
S .« 3 1,200
5.569.000 i 8“ h,c aijh the St. Louis Southwestern have all shown
5‘ r-c deposits- - .
-onsidfrable sales, but whether on inside operations to force
' v S l» :
,,0W *39.3:i0.t0« 526.U 7.400
Specie.................
t»20O;Ino,l.S3l,S00i 71,e2'2,;«)0 101.694,500 up prices or on buying that is based on the idea of better
Leksii tendcr- „.
hOOOjtnc.3,610,100; 44.872,700, 13,235,300
Reserve heM. . .
fa difficult to say.
-5.342,200' 120,491,600 150,129,800 lltore h a v A T , 'jr thesn con,lJani«8.
Legal re*eive,„
been..9nia11 transactions at higher prices in'a
________6 . 0 5 1 , 3 l v . , 0 0 109.832,.52 • 132.111,350
N ortdl t- w kt milng at low aK-to>. as for instance in
- S 6 r l * b i L j —96 9, t5 0 }ln c ,4 ,5 2 2 ,5001
Tlb663~0751 "iS^Ot 7^950 rioriolk ,1 Western common at 7Ji. pref. at SoH, North
Est'hange.—d’he tendency of exchange has been i ," eP can at SH~M and Colorado Fuel & Iron at 27. Sugar
ftCtl¥e and 9tron« 6r of fate, closing at 02*4,
iteadiiv . ^ ' T80 ° L taH
»
aa' ! rates have grown ami
s t e a d ily stronger,
I he buying o f securities for foreign “ d ^ r u l i s n S 0 T T * 1? , h;‘ ve 8P®D‘ ^ force. Lead ia
very strong at 40)s and Am, Tobacco at 84Jg,
586
THE CHRONICLE.
[V ol. L v m .
NEW YORK STOCK EXCHANGE—ACTIVE STOCKS fo r week ending APR IL 6, and since JAN. I , 1894.
HIGHEST AND LOWEST PRICES.
Saturday,
March 31.
Monday,
April 2.
Tuesday,
April 3.
Wednesday,1 Thursday, 1 Friday,
April 4. | April 5. | April 6.
STOCKS.
|
Sales of
1 the
Week,
1Shares.
Range for year 1894.
Highest.
...
1 A ctiv e R R . S to c k s.
9% Jan.
16 Mar. 14
lo % 15% Atohison Topeka & Santa Fe. 39,530
14=8 15%
15ti 15ia 14ia 15ki 14=8 15%! 14=8 15
350
% Jan.
1% Mar. 28
*1%
1% Atlantic (fePaclflo....................
lia
lia
li2
113 * 1=8
1 %[
1%
1% 1 %
1%
2,539 67 Jan. 2 81% Apr. f>
*78=2 80 I 70% 797s 79% 79%' 78% 78% 79% 81 I 81% 81% Baltimore & Ohio....................
67 Feb. 27 73% Jan. 18
69% 69% *69% 70% *69% 70%' 69% 70% Canadian Pacific......................
*70 .........| *70% 71%
1,793 47 Jan. 3 5234 Mar. 31
_ 52% 52% Canada Southern___________
52%
52% 52% 52% 52% 52% 52%' 51% 51% 52
1,405 111 Jan.
117% Mar. 8
*114ia 110 | 113% 11412*114 115 *114% 115% *114 115% 113% 114 .Central of New Jersey............
20 Apr. O
19% 19% 20 Chesapeake & O., vot. tr. cert. 13,476 16% Jan.
19
19%' 19
19%
19
18% 19% 19
19%
17 130 Feb. 12 140 Mar. 27
___ | 142 ___ , 141 141 jChicago & Alton ........................
............................
142 |
140 142 |*140 142 ____
*140 142 ,*140 142
82% 83% 82% 83%
81=8 82%' 81% 81%' 81% 82=8 £2% 83% Chicago Burlington & Quincy 45,536, 73% Jan. 3 84% Mar. 21
.........| 55 Feb. 27 55 Feb. 27
....................I .....................I .....................| .....................Chicago & Eastern Illinois...
10 93% Jan. 6 97 Jan. 18
.......................
95 95
I)o
pref.
65% Apr. 6
64% 04%' 63% 64% 63=4 04% ! 61% 65% Chicago Milwaukee & St. Paul 98,170 54% Jan.
64% 65
64% 64%
1,378 116 Jan.
123% Mar. 13
Do
prof.
1203el20% 120% 120% 120 120% 119% 120 I 119% 120 | 120% 120=8
7,0471 97 Jan.
109% Apr. 6
109 109% 109 109% 108=4 109% 108% 108% 108% 108% 109 109% Chicago & Northwestern.......
502 135% Jan.
144 Apr. 6
..............*
144 144
Do
pref.
141% 14.'% 142 142
141% 142% 143 143
143 143
72% Apr. 6
70% 70%! 70% 71
'
M~
69% 70% 70; 72%|Chicago Rook Island & Pacific 34,361) 61)s Jan.
%
69% 70%| 69% 70%
40% 41 Chicago St. Paul Minn. & Om. 12,595, 32=3 Jan.
41 Apr. G
40
40%
39% 40% 40
40% 40
40%l 39=8 40%
115% 115%
988 109=8 Jan. 4 115% Mar. 28
114% 115
Bo
pref.
116% 116% *115 116
115% 115%,*115 116
40
40% Clove. Cincin. Chic. & St. L ...
2,030 31 Jan. 10 41% Mar. 19
40% 40%
41
41 I 40
40% *40
40% 39% 40%
100 78 Jan. 18 85% Mar. 27
Bo
pref.
S5% 85%
2 0 % 2 0 % Columbus Hocking Yal. « Tol
1,300, 18*2 Feb. 24 20% Mar. 31
20%
fe
20 % 20 % 20 % 20 % 20
20 % *20
20 % *20
65 Jan. 15 66 Jan. 12
Do
pref.
.................... *60
66
r......... 66 *......... 66
142% 143% Delaware & Hudson...............
9,976 129% Jan. 2 144 Apr. 5
8
138% 139% 138% 138% 139% 139%: i 39 7 143=8 142 144
320 161% Jan.
>163% 165 Delaware Lackawanna&West
170% Jan. 16
*165% 167
166 166% *164 165
167 16'
- 755 10 Feb. 13
1 % Mar. 31
11 % 11 % *11% 115s 10 % 10 % Denver & Rio Grande...........
11% 11=8 11 % 11 % 11 % 11 %
5,549 29% Mar. 3
33%
33
4
33% 33% 33% 34% 33
33% 34
33
33%
Do
pref.
33%
4
600
4 E.T.Va.&Ga.,cert. 2d ass’tpd.
4 Aj)r. 6
*2%
5%
1 = Jan. 19
18
*2%
2%
2%
3
3
5%
5%
5%
12
100 U 2 Mar. 27 i 12 Mar. 27
12 Do 1st pref., cert. 2d ass’t pd.
*11
13
*10
*10
15
*10
15
15
*11
13
720 t4% Mar. 28
6%
6% Do 2d pref., cert. 2d ass’ t pd.
6% Apr. ft
5=8
*5%
6
*5
6
6
*5%
6
5%
5%
*64
86 55 Jan. 5 65 Jan. 26
67 Evansville < Terre Haute___
63% 67% *64
*66
*66
67
&
*66
67
67
67
263 100 Jan. 4 105 Apr. 6
105 105 Great Northern, pref............
102 106
>102 106
104 104 *103 106 ■103 106
101 89% Jan. 3 95 Mar. 29
95% Illinois Central......................
*94% 95*2 *94% 95% *94
95% 95%
95% *94
95
95
101
11 % 11% Iowa Central............................
11% Apr. 3
6 Jan.
113s 11%
11
11 % 11 %
10% 11%
11
1 0 78 11
1,582 23% Jan.
39
39% Apr. 3
37% 38% 39
37% 39
Do
pref
38%
37
37%
39% 39% 38
1,525 13% Jan. 12 17% Mar. 30
16
16% *16% 17 Lake Erie < Western............
16% 16%
*16% 17
17
17
16% 17
&
70
*68
1,090; 63 Jan. 3 70 Mar. 31
69
70
Do
pref.
*68
70
69% 69% *68
70
67% 68
1,423 118% Jan. 3 131 Mar. 26
130% 130% 130 130
12938 1293s 130 130% Lake Shore & Mich. Southern
129% 129% 130 130
89 Long Island.................
89
635 88% Apr.
100 Jan. 2
88% 90
89
*90
94
88 % 88 % 89
*88
90
51% 51% 523s Louisville & Nashville............ 17,658 40% Jan. 12 52% Mar. 31
513s 5158 51
51% 52%
51% 52
513s 51%
9%
1,835
9% Louisv. New Alb. & Chicago.
8 Feb. 16 10 Jan. 22
9%
9%
9%
9%
9%
9%
9=s 9=8
9is
9is
1,940 31% Mar. 10 40 Jan. 6
31% 33% 32% 32% 32% 33% 33
343s 34
34%
34
34
Do
pref.
*1%
400
1%
1%
5 Louisville St. Louis & Texas.
l% A p r. 2
1% Feb.
*1%
*1%
13s
13s
5
*1%
5
5
125% 126% Manhattan Elevated, consol..
2,866 118% Jan. 11 126% Mar. 13
125 126% 126 126
126 126
125% 125% 126 126
100 96 Jan. 2 100% Feb. 1
99% Michigan Central....................
*99
99% *99
99% *98% 99% *98% 99
98% 98% *98
850
9% Feb. 12 13% Apr. 6
*12
12% *12
12% 12%
12%
12% *12
11% 11%
11% 133s Minneapolis < St. L., tr. rects.
fc
1,000 28 Jan. 4 3634 Apr. 0
36%
35
*34
36
*34
35
*34
35
*34
35
*34
35
Do
pref. ,tr. rects.
16% 16% Missouri Kansas & Texas___
2,985 12=8 Feb. 6 16% Apr. &
16
16% 16% 16% 15% 16%
16
16
1638 16%
9,925 22 Feb. 12 27 Apr. 6
25% 26%
25% 26%
25% 25%
Do
pref.
25% 25 7
8 25% 26% 26% 27
88,2^5 18% Jan. 5 32% Apr. e
305s 32
28% 28%
28% 29%
29% 32
30% 31% 31% 32% Missouri Pacific
300 15% Jan. 3 20 Apr. &
19% 20 Mobile & Ohio_______________
*18
20
*17% 19% *18% 20
*18
20
20
*18
*75
70 70 Jan. 19 71 Feb. 16
*72
80
73
73
*73 ___
75
Nashv. Chattanooga&St. Louis
75
4,560 95% Jan. 3 101% Mar. 30
101 % 101 % 101% 101% 101% 10 1 % 101 % 101 % 101 101% 101% 101% New York Central & Hudson.
2,303 14 Jan. 5 16% Feb. 1
16% 163s New York Chicago & St. Louis
16
16%
16
16%
15% 16
16
16%
16
16
705 66 Jan. 12 75% Feb. 3
71
71%
72% 72% *71
72
71
72
*70
72
*70
72
Do
1st pref .
1,820 30 Jan. 5 34% Apr. 2
33
32% 34% *32is 33% *32% 333s 3338 3338 33
33
33%
Do
2d pref.
4,755 13% Jan. 4 18% Mar. 23
18% 18%
17
17%
17% 18% 17% 18
17% 17% 17% 173s New York Lake Erie & West’n
281 29% Jan. 3 39% Mar. 27
39
39
38
39
37% 37%
Do
pref.
11% 11% New York & New England... 19,404
7% Jan. 2 14% Jan. 23
10% 10%
11% 123s 11% 11%
1 0 % 11%
10 % 10 %
'190 195 New York New Haven & Hart.
180% Mar. 9 195 Mar. 15
187 194
*187 194
187 194 *187 194
189 193
New York & Northern, pref..
7,320 14% Jan. 2 17% Apr. 6
17% 173*? New York Ontario & Western
17
17% 17%
17%
17% 17
16% 17%
16% 17
1,855 14 Jan. 2 16% Mar. 14
16
16
16
16% 16%
16
16
16
15% 15% 15% 16 New Y ork Susq. & W est., ne w.
1,829 40 Jan. 2 46% Mar. 5
43% 44
44% 44% 44% 45
*44
44%
44
Do
pref.
44% 44% 44%
73s Norfolk & Western...................
7% Apr. 3
7%
1,885
*634
5% Mar. 9
7%
7%
7
7
7%
7%
1,460 17% Jan. 19 25% Apr. 6
*25
25% 253s 253s 25% 25% *24% 253s 25% 25%
25
Do
pref.
2,701
6 Northern Pacific.....................
6% Mar. 20
5%
4 Jan. 12
5%
6
6%
6
6%
6%
5%
*5%
5%
5%
21% 2238
9,232 137e Jan. 11 23% Mar. 30
4 213s 21%
21% 22
23% 23% 22
21% 21 a
22=8
Do
pref
*25
50 Ohio Southern
50
50
*25
*25
*25
50
*25
*25
50
50
27
100 24 Jan. 2 30 Mar. 7
27 Oregon R’y & Navigation Co
*20
27
28
*23
*23
*23
28
28
T p .v Utah North
.in > 430
10
4% Jan. 2 10% Apr. 3
10% Oregon Sh. Line & TTta.h ‘Nt
10% 10%
*9% 10%
*9% 10%
*9% 10
*9% 10
5% Mar. 31
*5
735
3% Jan 11
5%
5% Peoria Decatur & E vansville
5
5
5%
5%
5%
5%
*5
5%
5%
28,260 17% Jan. 2 23% Mar. 14
22 Philadelphia & R eading.......
21% 21% 207 213s 21% 21%
21% 22
21%
21% 21%
8
14% 15% Pittsburg Cinn. Chic. & St. L
3,450 12 Jan. 4 15% Apr. 6
*14% 15
*14% 15
14% 15
*14% 15
*14
15
50=4 51% *49% 51
52
52%
656 44 Jan. 8 52% Apr. 6
*49% 51
Do
pref
'49% 51
51% 51%
8% Apr. 6
|
*6%
7
7
8
8% R. & W.P. Ter.,tr. r.3dasst. pd 30,597 |2 Jan. 15
7%
7
7%
7%
7
7%
8%
2,650 12% Feb. 7 18% Apr. 6
18
18%
16% 16% *15
*16
18
17
Do
pref. tr. rects
*15
17
17
17%
Rio Grande W estern..............
i ......... 15 Feb. 1 15 Feb. 1
Do
pref.
5% Apr. 5
4 Jan.
2,100
5%
5%
*5%
5% St. Louis Southwestern..........
5
5%
5%
5%
5%
5%
5%
5=8
11 Apr. 5
7% Jan.
8,221
10
10 %
10 % 10 %
9% 10%
9% 10%
Do
p ref.
9 7i 10^4
97e 11
‘
100 22% Jan. 18 26 Apr. 2
26
26
*24
28 St. Paul & D uluth.....................
*24
28
*24
28
*24
28
*26
28
88 Jan. 8 95 Mar. 29
97
*89
*89
97
*85
95
*89
97
*89
97
*90
Do
pref.
97
100 Jan. 6 105 Mar. 29
104 107 *106 110 *106
*104 107
106 109 St. Paul Minn. & M an itoba ...
*106
2,300 20 Jan. 3 25 Mar. 14
23% 24
23=8 23% 23% 23%
23% 24 Southern Pacific Co.................
23% 23%
23=8 23%
5
7 J an. 2
7,698
9% 10
9%
10
9%
9%
10% Texas & P acific........................
9%
9%
9''a
9=8 10%
5% Jan. 11 11% Apr. 3
6,460
10 % 10 % 10% 11%
113s 11=8 10
10
10% Toledo A nn A rbor & N. Mich.
11
10=8 10%
35 Mar. 24 38 Jan. 30
*35% 40
*35% 40
*35% 40 Toledo & Ohio Central............
*35% 40
*35% 40
*35% 40
75 Jan. 2 75 Jan. 2
*70
*70
76
76
*70
76
*70
76
*70
Do
pref.
76
*70
76
21% 22%
22% 22%
213, 21=2 21% 21%
21
21% 21% 2 2 % Union P a cific........................... 13,030 17 Feb. 12 22% Mar. 31
4% Jan. 3
6%
*6%
7
6%
6% Mar. 29
350
*6%
6%
7 Union P acific D enver & Gulf.
67
e
*6%
7
6%
6=4
6 Jan. 2
8% Apr. 6
7%
7%
4,590
7%
7=a
7%
8%
8% Wabash.......................................
*7%
7=4
8=8
77
r
7=8
16% 1678 16% 167s 16=8 16v
16% 16%
Do
pref. 25,660 12% Jan. 2 18% Apr. 6
8 16=8 18%
18% 18%
13% 13%
13
13%
2,700 12% Jan. 1°; 13% Apr. 6
13% 13%
13% 13%
13% 13%
133s 13% Wheeling & Lake E rie............
49% 51%
49% 49%
2,516 46% Mar. 1 51% Apr. 2
50% 507a 50% 51
50% 50%
Do
pref.
50% 50%
8% Apr. 2
633
8%
8%
8%
8%
6% Jan. 5
8%
y
*8
9
9
*8
9 W isconsin Central Company.
*8
I M is c e lla n e o u s S to c k s.
4,375i 26% Mar. 2 1 32% Mar. 30
31% 32% 31% 323g 31% 31%
323s A m erican Cotton Oil Co
30% 31%
31% 31% 32
73% 73% 73
810 63 Jan. 2 73% Mar. 30
73% *72
73% 73% 73%
72% 72% *72% 74 I
Do
pref.
89% 90% 893s 90%
89
90% 92% American Sugar Refining Co. 72,798 75% Feb. 1 1 0 0 Mar. 6
897
s 89
89=8 89% 91%
88
883s 88% 88%
89% 89%
1,278 79 % J an. 21 92 Mar. 6
. ^
Do
pref
88=8 88=8 88% 89
88 % 89%
_
82% 83% 83% 84%
13,874 69% Jan. 2 1 84% Apr* 2
83% 84% Am erican T obacco Co...........
83% 83%
83
83%
83% 84
684 91% Feb. 16 100 Apr. 2
99% 99% 99 100
100 ‘100
99
99
Do
pref.
100 100
*99 100
64
64%
63% 64%
60,407 58% Jan. 3 67% Jan. 17
63% 64%
627 63%
8
63% 64% Chicago Gas C o„ trust rec’t s ..
62=8 63%
*10
15
12% 13% *13
960 10 Jan. 22 13% Apr. 4
13%
13=8 13=8 *12% 13% *12% 13% Colorado Coal & Iron D ev el..
27
27%
*24% 26
25
26%
26
6,625 21 J an. 3 27% Apr.
27
&
26% 27%
26% 27% Colorado Fuel < Ir o n ..............
4,583 122% Jan. 29 137% Apr.
136% 136% 137% 136% 137% 136% 136% Consolidated Gas C om pany..
135% 136% 134% 136
27
27%
27% 27%
27
27%
4
26=8 28
247 26=8 24 3 26% Distilling & Cattle Feeding Co 87,503 20% Jan. 2 30% Feb.
e
42% 42 % 42% 42%
41% 42%
38% 41%
38% 41% 403s 41% General Electric C o................. 42,506 30% Jan. 3 45% Mar.
22%
22% 23%
22% 23
20%
21% 23
22% 22% Nat.Cordage n ew .fu ll asst pd 18,259 13% Feb. 13 23% Apr.
22% 22%
44
43% 43%
44
1,430 30 Feb. 13 48 Jan.
44% 44% *41
Do p ref., full ass’t pd.
44% 47
*42
45
45
38% 38%
38% 39
38% 39=8 38% 39%
38% 39%
38% 40% National Lead C o.................... 29,310 22 Jan. 2 40% Apr.
84
84% 85
84
85%
4,688 68 Jan. 2 85% Apr.
84% 847h 84
84»4
84% 84%
Do
pref.
84
5% Mar. 17
53q
3% Jan. 2
*5%
5%
5%
530
3,450
5%
5
5% North Am erican Co............ .
5%
5
5%
5%
17
17% *17
725! 12 Jan. 8 17% Apr. 2
16
17 I 17
18
*16
17
17% Oregon Im provement C o___ _
1678 *16
19 Jan. 30
16% 16% *16% 17
16% 16%
*16% 16%
1,505! 14 Jan. 3
16% 16%
17
17% Pacific M a il.:...........................
*8338
* 8 3 % ......... *83%
Pipe Line Certificates............ 78,000 79 Jan. 15 82% Apr. 5
81
81
82% 82% ^82%
3 21 1 62 % Jan. 2 172 Mar. 28
171 171 s4 171% 171% (170 172% 170 172
172 172
169 173 Pullman Palace Car Company
......... 64% Feb. 17 67 Jan. 20
Silver Bullion Certificates___
3,810 14% Jan. 3 20% Mar. 6
19% 19% 19% 19%
18% 20
19% 19%
19% 19 3
4 19% 19% Tennessee Coal & H on ............
100 63% Jan. 24 71 Apr. 2
71
71
Do
pref.
42
42%
1,275 36 Jan. 24 43 Apr. 5
42
41
42%
*39
41
41
43
42% 42% IIcited States Rubber C o.......
43
85%
853g 83% 843s 84
85
84
84%
84% 85
84% 85% Western Union T elegraph___ 32,041 80% Jan. 3 87% Mar. 6
" These are bid and asked: no sale made.
UOld certificates.
t 2d assessment paid
t
3d assessment paid.
April 7, 1894.]
THE CHRONICLE.
587
-VEW YORK STOCK EXCHANGE PfliCES (Continaed)—JIVAOrJTg STOCKS.
I n a c t i v e St o c k s
April 6.
S Indicates unlisted.
Bid. t Ask.
(% Indicates actual sales,J
[ Mange (sales} in 1894.
A pril 6.
In a c t iv e St o c k s .
Lowest,
Highest.
1 In d ica te s u n listed .
?
Ask.
_
St. L. Alton A T . Haute p re l_ 100 150
Toledo Peoria A W estern......... 100
Toledo St. L. A Kansas City r .........
Virginia M idland....................... i o o
170
155
55
70
35
104
JOO
>it
C
25
60
..1 0 0
H
10
-.100 • 8 H .
-1 0 0 ;
S>*
.. s o you 310
P en n sy lv a n ia C oal. . . .
P. L orlU a n l C o p r e f. .
.........1 03
I’exa
-.100
Weils, Fargo B x p r e a i. . . . . .
Highest.
Mar. 151*3 Mar.
Mar,
2 ‘ ‘ Mar"
150
....
Jan, 154% Jan,
109% Jan. 116 “ Apr.
85 Feb.
90 Jan.
4 Mar.
5 Mar
.. .
..1 0 0 - 50
iMinnesota Iron ______
Lowest,
150
....
17
M aryland C oal. p r e f .. . . ! “ ”
M ich iiian-P cm D suiar C ar Co
P re fe rre d .
. . . ____
..i o o !
Mange (sales) in 1864
2
M i s c e ll a n e o u s S t o c k s .
Adams E xpress.......................... joo 150
American Bank Note Co n ...............
52%
American E xpress..................... 10O ’ 115
Amer. Telegraph A Cable........ 1 0 0 ; 87
Brunswick Com pany.................100
Chic. Juno. Ky. A Stock Y ards.100
P referred................................. 100
Citizens’ Gas o f B rooklyn .......100
68
Colorado Fuel & Iron, pref.......100
Columbus A H ocking C oal....... 100 r g u
Commercial Cable...................... 100 135
Consol, Coal o f M aryland.........100
31
Edisou E lectric Illuminating. .100 ‘ 101%
Interior Conduit A Ins. C o ___ 100
T||
R a ilr o a d S to ck s.
Albany J- Susquehanna..............100 170 ilSO
Bell e th ic A South. 111. p ref...... 100 130 ....... 135 Mar. 135 liar.
Boston A S . Y . A ir l i n e p re l. . 1 0 0 ..................
Brooklyn Elevated (I...................100 1 5 V
16^4 17 Feb.
17 F eb.
Buffalo R ochester A Pittsburg. 100 20
25
20 Jan.
21 Jan.
Preferred.....................................100
...
62
Bari. Cedar Rapids & Nor..........100 51
50% Feb.
50% F eb.
Central P acific...................
100 * 16
11V Feb.
17 M ar.
Chicago & Alton i ights....................i .........
2 Feb.
2% Feb.
Cleveland A-Pittsburg............... 60 151
147 Jan. 147 Jan,
Dec Moines & Port Uodt-e------- 100 ; 6%:
5 % Jan .
7% Apr.
Preferred...........................
100
20 ;
14 Jdli
ll
Jan .
Duluth 8e. Shore & A tla n tic![ .100 7 V
s Jan.
5
Apr.
Preferred T.................................100 l o t 18
15 Jan.
19 A p r.
Flint & Peru M arquette............100 .......... ....... . 1 4 b Mar. 16% A p r.
Preferred.....................
..1 0 0 .................. . 45 Mar. 4 5 M ar.
Georgia Pacino Trust e t fc f____ 100
4 ■ 5
Gr. Bay Win. A S t.P . tr.re c_ 100 1 7 ..........
_
4 Jau.
7 !, Mar.
Preferred trust r a e ss........... 100
154*' i t 1
)
Houston A Texas Central...........100
2
3k 2 *i Jaa.
2% Jan.
Illinois Central leased lines_ 100 91 ......... j »!>■*» J.lli.
_
8 6 - Jan,
Kanawha A M ichigan................1 0 0 s V
9k
Mar.
9% Apr.
Keokuk A Des M oines...............100 ___
5 1 8
Preferred.....................................100 12
32 * J « a
12% Jan.
Lottisv. Evansv. A St. L. Cons. 100 ..................
5 Feb.
6 Feb
Preferred......................
100
Mahonhig C oal.. ....................... 50
..... " "
Preferred...............................
50| . . .
107 * Mar. 107 M„r.
National..........................i o o
..
2
Morris A Essex ......................... 50 :154
....... Hi- ' Jau. 1*4 Ayr.
S , ¥. Lack. A
lo o t
t
’ n o % Ji*u
KortoUt A S ou th ern ............. . . . . 100, 57 l i i " 51 Jan. 113% Alar.
52 J„u.
Ohio & B lseisflppi....................... 100!
t
lti'\ M m . 16% Mar.
Peoria A lies tern .......................t o o 1 3 %
g"
4% Feb. . 5 % F ob .
Pitts. Pt. Wayne A C h ic a g o .... 1 0 0 ,;153 ........... 3t!l Jau. 153 Apr.
Pitts. A Western p f.................. 5 0 ' 2r W
26 Jan.
28% Mar.
........ . I''.;, '
:
'
. ' ...... ......................... 17«"
•
_.
j 150 172k! Feb. 178 Mar.
Some W&t.A. GMeeacburgh___100 111
112 lit) J an. 112 Jan.
»t - B onis A lt o n A T er. H a u te ...1 0 o
2i
JO Jan.
28
3 Mar.
* S o price F rid a y ; latest p rice this week.
I A c t u a l sales.
Bid.
65
3
IS
50 ja u .
69
4*s Jan.
9%
140 Mar. 145
28 Jan
30
93 Feb. 104
36 Apr.
36
15 Jan.
17%
59 Jan.
68
55 Star, 5 9 Y Feb.
■to Feb.
5 2 Mar.
16 Feb.
25 Jan.
8U) Feb.
11 Mar.
6 k Jan.
Sts -Mar.
Jtg Jau.
8*i Mar.
275 Jan. 100 Feb.
106 tub. I t s Feb.
l« s > t u .
15 Feb.
7% Jau.
55
48 Jan.
» u * SO Jau.
122 Jau.
-.1 0 0 ; BO
-.1 0 0 :1 2 8
10%
Apr.
Apr.
Mar.
Jan.
Apr.
Apr.
Mar.
Mar.
3 "F eb .
IT it Mar.
10K, Apr.
57 Jan,
a m Apr.
128 Jan.
NEW YOItK STOCK EXCHANGE P H IC E S .-iT .47’A’ BONDS A P R IL 6
BEOUBrriEB.
Bid.
Alabama—('!*«* A, 4 to 5 _____ 1906
e t * * * B , 5 « ............................... 1906
Claes C, i * ................................1906
SECURITIES.
99
North Carolina-6«. old.......TJaj
Founding n e t..................
1900
Sen bond*, JAJ.......in«2 Infos
Tennessee 6» .o l d .........1892-1898
6*. new b o n d s .........1892-8-1900
Consolidated 4 - ___ ..... ....1 9 1 0
New settlement, th,........... 1913
1 02
01
C u rren cy fu n d in g 4 * ............. 1 920
90
A rk a n ea s—6 *. fu n d . H oi. 1899-1900! . . .
1 b N’ la -H olford 190
? » , A rkansas C en tra l U k ...........
%
C o u i» ia t t a -? » ,s < m s ......................c u t h o
S - w o on ols. 4 , ....................... l o t i
*8% j
M issouri—F u n d , ■....1894-1895
lo o
Bid.
Specie.
1
MsahawanCo......... 2,050.0
M«f«6auta‘ , ............ 1 2,000,0
*
l.sj-.-.e
or?, 9
Ks*aaW-.........| 2.000,0 J , « v
3,000,0 3, ; 42,1
1 .000,0
454,2
1,000,0 9,773.2
7511,0
........
15-i.e
300,0. 7,151,2
Mftfeluutift* Mx«ti*i«S
'v «0 0 .0
127,9
0*11*0* StmOmai... I.gW.O 1,514,3
Bmw'n’i 300,0
VI.!*. i
Mmh*MU~s‘ <
*
*00,01
400,5
0 n m w ic& ....
2(K.,0!
173,s
Lm%hm U
?n: « w ,o ;
537.4
, »0«.O! 108,6
State, of Sftw York.,: i.'hHJ.O
615,8
3 ,t l« ,7
6,000.0. 3 ,5 oi,0
....... . _ 1.JM.)
1.106.4
R epublic.........
938,1
BdS,0l
311,6
ChSttS'-'i........ ..
People’*............
N orth A m e n , a
1,000.0
i.« . 7,r
*
i 2,330,0
! 2,5^5,0
j 1,0 ; M ;
j 1.536,0
i Exthan**..
n * » .......................
1 913
' Irgim a fu n d e d d e b t, 2 - 3 a . . . l 9 9 l
d e fe rre d lw «tis
............. .
d* ^ r^
t*at rooTfi, sta m p ed
-j
‘
! 7,196,21
1 30,886,0
; 7 75,0
i 1.167,4
mm|
Ifm l
#8 *1!
161^!
iJoipOi
3,418,21
1,045,6!
2,063,8
576.S]
2.072.0 f
1,211,0}
$m ,41
iM m i
4,»*»7,6!
600,0
hm M
421.0
1.676.0
250.0
200.0
633.1
551.1!
750.0
m i 1
600*0 1,143,0
100.0 I M h l
200,0
0-50,5
200,0
698,9
826,8
Si::; 60t,0
'300.0
'
200.0
307.2
300.0
715.3
200.0
m i.i
500.0
233,5
200.0
mm
2,100.0
180,2
300.0
sm a
‘ •HfKj
4.596.0
6*101,7
6,775! i*I
f|0.o|
4,163.81 ■
l*75i,6f
04,6 {
186*0
864,5
85o,»
280.1
4 25,2
1,448,1?
1,457.6
1,040*7
j
4.108,6:
6*680.6
*8.816,3 9S.723.0!
j r — * *M *6.3| 99,0(11,0!
3 1 . ...j 38.818,3110O.029.0I
*7.315.0
37.813.0
37.253.0
1,768*7
% n m * i p h ^ . ‘ ^ ^ t e w ^ a S r « J S S !S 1.215.4
m m i
1,878*7
2,2i7»6
20,480*0
22*534*2
8,034*8
8,008,6
I 2 ,0 ^ 8
! 13.630,9
8.7 18,4
8%
—
------j----- 1 ~
Legal,. Departi,. I CireTn Cimrtn#a
f M l ?’0 M W 133,368,0
J?°’272>Sl a ’ -**.0 10,086,0 1*2.*81,0
‘,8*2.9! Hu,710.0:U,OJS,0 9.749,0 103,197,0
2 .4 5 0
1
I
BH
!.*>.«;S.3 iiS,j7«,4 HM.ejs.j llS5ti,i S44,4«,4 112480 410.317,0
Ull.e 13 S ttJ.799.7 10018*3,130M2O ** ,744,2 112141 425,252*9
• 1 0 ,8 i ®
t'i. l tv.l
4.380,0
■ 2/,807,4
:
636,7
415,0:
Importer.’ A Tred's
ikitsSH
kw & i
®a«t ffis s iiiir S j %m,0
Fourth r**006*1
.,... W . 0 %jm%t7
vOnsrol Nstioo *;.... *,
Second J»atiooai.. .,
300.0
Sir,ih Natteoai..... ! 150.0
First Itakottai------ 1 500.0 %wmM
Third Sstjon*],....... 1,000.0 V » A
F-V. Wet Rxshange 300.0 i
Mermao-Amenrttt..
I2 l
lM.ttJ7.PitmMS.i 97.5*8.3 11i?*7b *31,741,. 118400
t30.bU.SU3».#|«,» »7.,itl.'M niilSS 533,103,7 1143.17 465*002,5
485.701.2
i|u.b,a.sf*tAu»s.i!(is,i*s.o i:s78»S S40.2«a,i 113089 469,245,5
) 15.660,0
i| 16,514*0
f 11.853.8
7.502,1
It&M
0203
Cora Kick****.
O ouanesk*
......... 1,000*0
O H eaU i.......
300.0
gteee
.......
Fifth A v e n u e - , , '
5 ‘ .............................................. 1913
Ask.
€0
60
60
70
102»# 107
101 105
7 7 * 78
60
New York City, Boston and Philadelphia Bankss
Legal! Deposits.
( 1,657,2
I l.OU.O
*14.8
Market A ration
Shoe A Leather,
Kew Yelk f'ohntr'.'
.
1912
6s..... .......................
1919
I
SSS* !»»d—m coo.: i 893-1894
C*,
Capital Surplus Loans.
Bid.
new series.......... >914
’
., Surytue. ; loans.
B sa l o f S e n York.
E a t .............. : r r i;
PaclOe.
do
Is o u th 1 a rolln a — * b » , 20- 10 .. 1933
.
In , iiilii fuiHl ..................
1 88 8 !
all cases.
A m e n t* .....................
F h s a ix -..-................
O itr..............
t A
'*. .
SECURITIES.
C hatham H R ___
‘
fejn-ctai ta x .C la s s I . I " " ! " ! * ! "
New York City Bank Statement for the week e n . w
-March 3!, 1894, 13 as follows. We omit two ciphers (00) in
Ha v e s .
{00s onus’. o i l
£ ek .
^°?>°
7.905.0
77.787.7
71.103,0
71,582,3
107.950.0 4.840.0 55.803.8
108.831.0 4.826.0 47.288.2
lo ii.ss 1,0 4.833.0 60,661*9
tinc!ui3‘ni' for Bo,lon “ 4 Fbt> 0
Miscellaneous and Unlisted Bonds,—Stock Ex. prices.
M
f
e
l
j ^
S F if ? f
00 b.
100 “ b.
•'•»* **V • *» m ¥
**»
i* T
: »t Gee cou. l e t ......
D
2,04*5,7 Ea»t Riser Uae lei g, 5*,...
5.848.4 Rrllrmn Kiev. III. Co. - l e t 5» 21,218,8 Squitable a . at p.—let u . ...
2.004.0 Headerean iirblg-. l , t K.
.
3,0»8.4 HoJvkr*:’. Ueiid & imp-—g, §e
2,»-53,4 Mleh-Penln, car I«t5»,
4.784.8 Mmusi Vman Tr-ieK
_ti, «r,
9p
’•
Vrae^.R.KAP.Cosl-Istgsi
t .'o l l s t e d
B o r id e ,
117 a.
70 a.
loS't*b.!:Ala. A Vb-t-e. -Coasoi. 5s, g,
,95 »•>; Vinka A MeriAlet «• . . . . .
1083
4tj.j Amor. Do!> < > col. tr. 5a ...
. '< .
93 ^ b .
. . . . . . |Comstock Tannoi—Inc. 4s..
9 b.
96 b.j ;Q©o, Pac—1st 6s «. oi/a........ lOl^ab.
Ill
M mart, iticom e ......
3.070.0 W
sUausi *3Ml* n — ***,--•.
starch Mfg—lets* 100 a Con no1 5a, k. etfa
.
« *42^b.
8.6 00,9 I jo r t h w ^ t c r n T e io g r a p»h—7a.; 1 0 7 i ncomo 5a’ ctf*........ . .
10 b.
8.831.5 P^orta Wat«g
j iMem &COarlewton—Con. 7 g.
1.810.8
28.75S*,0
Hors.—
im&lrntm price 5td; " a " price eutkai. * Haiest price tins wmk
32,032,8
i?47,7
28,403,4
11.0-14,0
6. $ 07,0
'“banfs .
B id
Ask.
4, U 1,8 America..... im
36*825*9 Am. Ksch.e m>
7,9 8M Bowery.,..,.,
1, v45,2 Broadway... 225 ‘
3.000. Bate b n’& Dr 160
0
.
3.435.1 Ceutral..... . 120
100
155
ISO
4100
425
UO
215
5.001.0 Commerce., 176
4.803.7 Continental, 120
1.837*5 Com Exch. 272
6.084.5 Deposit......
2.505.0 Jkfcat Elver, n o "
6.146.0
200
1.487.0 Uft.Ward- 1000
Flftb A re...
too'*
4700
..
ISO
2,75 4.S
18,000,3
6,430*7
3.088.0 c i t y .,....:;::
3.109.2 Cltlren.a*..,
6.388,8 Columbia__
350
no
145
BANKS, ' B lX l A«k, i BA NFS 7
eeliAtiiCnZ 285
N,Y. Oo’nty
Oarfleid.. ....
N.Y.JVaLFi
0©rmas Am. US' . . . . . . Ninth. .....
’German SUL.
19th Ward..
Germania.... 100*
s-N Ainerica.
.
Greenwich,, 150
Oriental....
H a n o v e r ...., .no 340
Paclho......
Irving. ....j U-)
Leather H le’ HJO
Lincoln . . . . . 5«>o
5<»i)
.580
147
B id
575
112
115
UO
Art*
125
165
180“
250
180
195**
iPhenls:...... 115
125*"
225
175
270
: Republic.... 155*
ISO 1
170’
■
'■
'
Seaboard... 173
- T OM arkettfc Ful; 210 125
« O
Second ..... 30J
240,21 296*5
*80
Mechauio*'.. 180 184 {Seventh__ 125
» * e i at she M strop
767*^1 1*138.5
Went 8 1 d e..„........ .
M’chft'A-Tr.Y ISO 180
8hoe<ft Lc’th 110
887.0*
Mer cum tile ,. 175 185
feaboeoi
St. NlcJioia®.
1.272.0 1,240,0
|M (, Merohatiti**.. U7 » >
|
Son thorn,. H5
Sixth N»t*er,ai........
217,0
210,0
..a*.. |Mt-rch’ ta E* UO 125
w esserB u a u o a s i,.
SUieof N.Y. i 02
2,633.4. 2,046,8 11.614.3 Fifth...........
. . . . . . M etw p olia .. 430 Kit)
Third. ..... lf> *
1.078.0
475,0 4.730.0.
4500
.
Ml. M o rris., ..... - _ .A Tradeam'n’a 50
500*0
675,7
' 1334
2.020.1
746.3
11J 120
Murray Hill
Un’d StaUj-i
IM 180
Weaturn ...
*59,922.7 fQSmS iU .im j 1001842 8203520 547,744.2 Uth Btroat.. 89% 202* w«r Yors.e* 215 225 Wftftt, Side ifg
Fourlli,.'
10 *
* 5*
12* "
6
200*'
112
90 *
112*"
THE CHRONICLE.
588
[ V o l . L V III,
BOSTON. PHILADELPHIA AND BALTIMORE STOCK EXCHANGES.
Active Stocks.
T Indicates unlisted.
Share Price* — not Per Centnm Price*.
Saturday,
March 31.
Monday,
April 2.
Tuesday,
April 3.
Wednesday, Thursday,
April 4.
April 5.
Friday,
April 6.
14% 15*8 15*8 15*3
15>e 15*9 14% 15%
A tell. T. & 8. Fe (Boston).100
145s 15*8 14% 15
1%
..........
1 % .........
170 *1*5
'1*3
178
'1*9
1% 1
Atlantic & Pac.
“
100
1*5
1*3
78% 78% ......... 79*5
77*3 77*3
......... 79**
*80% 81*3
Baltimore A Ohio (Balt.). 100 1
•125 . . .
128 .........
let preferred
“
100 •127 ....
115 .........
2d preferred
“
100
16% 17
1578 16
16*8 16*5 16*5 17
15*4 15*4 15% 15%
Baltimore Trao’n.fPAtfJ. 25
208 208
207*3 208
207*5 208
207*3 208
207*9 207% 207% 208
Boston & Albany (Boston) .100
Boston A Lowell
100 187% 187% 187% 187% 187*5 187*5 187*3 187*5 187*5 187*3 187 187
147*4 147*4 147 147*3 149*4 148*4
146 146% 147 148
100 *145% 146
Boston A Maine
14% 14% * 1 3 % ......... *13%
'13% ....
14
14%
*13% 14*9
100
Central of Mass.
*48
*48
50
'4 8 ___
48
48
*48 ....
48
48
Preferred
100
81*3 81®8 82
823s 82*4 83*4
i
82% 83
81®a 82
Chio.Bur.AQnln.
100 82 S 83%
64*8 e3% 64& 647 65%)
64
a
64*4 64*5
64«s 65
8
64% 64%
Chic. Mil. A 8t. P. (Phil.). 100
*22 ...... *22
*24
26
*22
Ohio. AW.Mich. (Boston).lOO
......... '50
•45
Cleve. A Canton
“
100
2
2
Preferred___
“
100
79
79*4 79
793s 79% *79
79
79*3 79
Fltchbnrg pref.
“
100 79% 79%
31*3 32
Hunt A Br. Top. (Phila). 50
;......... 49%
49% 49%
*......... 50
49% 49%
Preferred
“
50 49% 49%
39 7s 40*8 40
40
401
*
40
40*e
40*8 4038 40*3
Lehigh Valley
“
50 40% 40%
110 110
112 113
110 114
108*4......... *108*4.......
Maine Central (Boston). 100
112*4 113*3 114*4 116
115 11634
110*4 112
Metropolitan Trae.fPAif; .100 109% i l l ’ s 111*5 112
8%
8%
9
938
8 78 878
8*4
8*«
9
Me xft an Cent’lf. Boston; . 100
8 7e
7%
8%
11*4 12*8 11*4 11*9 1158 1178
11
11%
10 % 10 % 10% 11
N . Y . & N.Eng.
“
100
35
*30
30
35*5 *30
35
*30
35
*27
30
30
Preferred___
“
100 *26
*67% 68*4
68
68
Northern Central (Balt.). 50
5*«
5*5
5%
5%*
6
5 78 6*s
5%
57e
6%
6%
5^8
Northern Paolho (Phila.) .100
223e 223s
223*
21*5 217
8 21*4 21*5 21*8 21*8
Preferred
“
100
23% 23% 22
174 174*5 174*5 174*5 175 175
175
Old Colony.... (Boston). 100 174% . . . . . .
51*8 51^8 513s 51%
51*5 515s
51*4 5178 51*5 51%
Pennsylvania.. (Phila.). 50 51% 51%
24
25*3
Pbiladel. A Erie.
“
50 *23 .........
10
107e 11
Phila. A Reading
“
50 1016,fl1015le 101*16 107e 10*5 lOUlf 10^ 10**1fi 10%6 10*i,
105*4 107*s 105% 106*4 106*3 108*4 109 111*5 11058 112
Philadelphia Trao. “
50 104% 105
'0
*6*4........
* 6 % ............
*6*4.........
*6 *4.........
(Summit Branch (Boston). 50
21
21% 21%
22
21
21*s
22
22% 22%
21*4 21*4 21
Union Paoifle
“
100
227*3 228 *229 ......... 228% 228%
228 228
United Cos.ofN.J.rPfti/a.llOO *227 ......... *228
2
2*8
2
2
*178 2*8
2*8
2
2
2*8
WesternN.T.APafP/iila.i.100
m is c e lla n e o u s S to c k *.
92%
89
897e 89*8 89%
Am. Sng’rRefln. li (Boston)....... 90
89^8 913g 91
89*3 90
91
88*3 88%
88*4 89
89*s 99%
Preferred.........
“
___
88*5 89
88*4 89
89
89
185 187*5 186*3 187
187 188
188 189*3
Bell Telephone..
100 11186 189% 187 187
27% 27%
27% 27%
28
29
27%
28*4 29
Bost A Montana
27% 27%
27*5
25
103s 10*a 10*s
103s 10*3 10*3 107e 1078 11*4
Butte A Boston..
25 * 1 0 % 10 % 10
300 300
300 300 *300 305
300 300
300 305 *300 305
Calumet AHecla
25
72
*72*5 74
......... 74
r
74
72
f......... 75
74
Canton Co........... (Balt.). 100
75
653s 65%? 65*4 653b
65*8 66
66*4 6 6 % 657s 66%
Consolidated Gas
“
100 "66% 66 %
44% 45
443* 45
44% 44%
44% 44% 443s 44%
45
Erie Telephone (Boston). 100
45
3»7e 41
42
42% 42%
423s 41% 42%
38% 41*8 40*3 41
General Eleetrio.. “
100
71% 71%
68
70
73
68
68
73
*71*5 73
Preferred..........
“
100 *72
74
23
23*5
24
21*3 24*3 25*4
22
22
Lamson Store 8er. “
50
22*4 23*5
54*s
54*3 54*3 *54
Lehi’hCoalANav. 'Phil.) 50 54% 54%
54*3 54*9
54*5 54*s '......... 54%
*52
*52
52*a 53
*50*3 51
55
N.Eng. Telephone (Bost’n)lOO *52
5*8
538 538
"5*4
5*8
North American. (Phil.). 100
5*4
12
12
12
12
12
12
12
12
12
12*8
W estEndLand.. (Bosl'n)....
| Lowest is ex dividend.
|
* Bid and ashed prices; no sale was made.
Inactive Stocks.
Bid.
Ask.
Prices of April 6.
Atlanta < Charlotte t#aZ£.).100
fc
Boston & Providence (Boston). 100 245 247*3
29
Camden AAtantiopf. (Phila,). 50
5
“
50
Catawissa.......................
1st preferred.........
“
50
51*3
49
2d preferred...........
“
50 48
50
Central Ohio.............. (Ball.). 50
Oharl. Col. & Augusta
“
100
Connecticut & Pass. (Boston).100 122*3 123
Connecticut R iver...
“
100 228
Delaware&Bound Br.(PAtZa.).100 162 165
15
16
Flint & Pere M arq... (Boston). 100
45
Preferred.................
“
100
46
Har.Ports.Mt.Joy&L. (Phila.). 50
82
Kan. CTyFt. 8. & Mem. (Boston). IOC
Preferred.....................
“ 100
K. City Mem. < Birm.
fe
“
100
67
Little Schuylkill....... (Phila.). 50
68
Manchester & Law .. (Boston). 100
Maryland Central___
(Balt.) 50
69
Mine HiH & 8. Haven (Phila.). 50
54*51
NesquehoningVal—
“
50
Northern N. H .......... . (Boston). 100
North Pennsylvania. (Phila.). 50 *83*3 85
Oregon Short L in e ...(Boston). 100
10*3 1 0 %
Pennsylvania & N .W . (Phila.) 50
43
4
Rutland.....................
(Boston).100 2
Preferred.................
100
71
73
8 'aboard & Roanoke. (Balt.) 100
1st preferred............
“
100
West End....................., (Boston). 50
49
49*2
Preferred.....................
“
50
76*9 77
54
West Jersey................. (Phila.). 50
54*s
West Jersey < Atlan.
fe
“
50
Western Maryland..
(Balt.). 50
Wiim. Col. & Augusta
“
100
Wilm ngt’n & Weldon
“
100
Wisconsin Central... (Boston). 100
8*3
8%
Preferred........... .
“
100
Woro’st.Nash.&Roch.
“
100 120 122
MISCELLANEOUS.
AUonez M in in g ...... (Boston). 25 •35
•50
Atlantic Mining.........
“
25
10
10%
City Passenger R R ... (Balt.). 25
Bay State Gas............. (Boston). 50
11*3 n %
Boston Land, ____
4%
4%
10
Centennial Mining...
“
3%
10
3*3
Fort Wayne Electric^
“
25
3*3
3%
Franklin Mining.......
“
25
9% 10
Frenchm’n’BBayL’nd
“
5
2
1*3
Illinois S te e l................
“ 100
53%
53
Kearsarge M ining....
“
25
7
7%
Morris Canal guar. 4 . (Phila,). 100
Preferred guar. 10.
“
100
194
Osceola Mining.......... (Boston). 25
26% 20%
Pullman Palace Car..
“
100 171 172
Quincy Mining...........
“
25
82
84
Tamarack M ining....
“
25 168 171
United Gas Impt.
(Phil.)..........
64*3 64%
Water Power...............(Boston) .100
1*3
1%
Westing.Elec.lstpfd.fBoston). 50
50
50*s
Assenting
“
. 50
32% 33
J Unlisted,
{ And accrued Interest,
Inactive stocks.
Bid.
Ask.
Bales
of the
Week,
Shares.
24,119
15
22
7,864
171
207
171
330
14
13,505
13,400
200
290
15
50
1,664
70
8,006
15,433
8,201
175
5
2,274
1,930
36
2,279
600
18,753
11,512
920
12
1,524
Range of sales in 1894.
Lowest,
Highest.
9% Jan.
62*3 Jan.
67*4 Jan.
125 Jan.
108 Jan.
14 Feh.
200*4 Jan.
1827 Jan.
e
126 Jan.
11 Jan.
46 Jan.
73 3g Jan.
543q Jan.
17*3 Jan.
50 Jan.
2 Feb.
72 Jan.
30*3 Mar.
48 Feb.
36*3 Jan.
101 Jan.
x 96*3 Jau.
55a Jan.
7^8 Jan.
24*3 Mar.
67 Jan.
4 Jan.
1376 Jan.
170*4 Jan.
48 Jan.
217 Jan.
8
8*3n Jan.
<
89*4 Jan.
6% Mar.
17 Feb.
227*3 Mar.
1*9 Jan.
16,038 75% Jan.
783 79 Jan.
481 163 Feb.
3,955 23 Feb.
4,162
8 Feb.
69 2 9 2 ^ Mar.
66 Jan.
2,626 53% Jan.
116 42 Feb.
14,470 3038 Jan.
223 56 Jan.
1,109 12*3 Jan.
44 51*3 Jan.
27 49 Feb.
3%jJan.
300
9 7s Feb.
1,806
16*8 Mar. 2015s Mar. 14
79*4 Mar. 21
128*3 Mar. 6
116 Mar. 1917*4 Jan. 18
208 7 Mar. 9
e
187*3 Mar. 31
149 Mar. 19
14*3 Mar. 10
49 Mar. 14
84*8 Mar. 21
655a Apr. 6
25*3 Mar. 13
•50 Jan. 3
2*s Jan. 16
81 Feb. 7
35 Jan. 10
517 Jan. 10
e
423s Mar. 13
114 Apr. 5
116% Apr. 6930 Apr. 3
145g Jan. 23
41 Jan. 8
68*3 Feb. 23
6*4 Mar. 21
23% Mar. 31
175*4 Jan. 12
5178 Apr. 2
28*3 Feb. 1
11 % Mar. 12
112 Apr. 6
7% Mar. 5
22*4 Mar. 31
230*4 Mar. 15
2*3 Jan. 26
24
3
26
15
14
3
18
3
21
3
4
2
11
28
2
9
99 Mar.
90 Mar.
191 Jan.
29 Apr.
11*4 Apr.
302 Jan.
74% Feb.
66% Apr.
45*4 Jan.
45*8 Mar.
75 Mar.
25*4 Apr.
55 Mar.
54 Jan.
5*3 Mar.
12*4 Mar.
Bonds.
Pa. * N. Y. Cil., oon. 5s.1939, A&O
Perkiomen, 1st ser.,5s.l91S, Q—J
At.Top. l & n l S ^ T g ° ? 5 8 9 , J A J
d
2d 2%-4s, g., Class A. .1989, A&O
Phila.&Eriegen. M. 5g.,1920, A&O
Gen. mort., 4 g.......... 1920, A&O
Boston United Gas 1st 5s...............
2d mort. 5s.............................1939
Phila & Read, new 4 g., 1958, J&J
Burl. & Mo. River Exenpt 6s, J&J
1st pref. income, 5 g, 1958, Feb 1
Non-exempt 6s........... 1918, J&J
2d pref. income, 5 g, 1958, Feb. 1
Plain 4s........................ 1910, J&J
3d pref. income, 5 g, 1958,Feb. 1
91
104^3
Chic. Burl. & Nor. 1st 5,1926, A&O
2d, 7s............................ 1933, A&O
2d mort. 6 s . . . . . . ...... 1918, J&D
Consol, mort. 7s.........1911, J&D
101*3
Debenture 6s............. 1896, J&D
Consol, mort. 6 g .........1911, J&D
101
Chic. Burl.&Quincy 48..1922,F&A
ImprovementM. 6 g., 1897, A&O
93
Iowa Division 4s....... 1919, A&O
Con. M.,5 g.,stamped.1922.M&N
95
Chic.&W.Mich. gen. 5s, 1921, J&D
Terminal 5s, g ........ 1941, Q.—F.
Consol, of Vermont, 5s. 1913, J&J
Phil. Read. & N . E. 4s............. 1942
Current River, 1st, 5s..1927, A&O
Incomes, series a ..................1952
Det. Lans.&Nor’n M. 7s. 1907, J&J
Incomes, series B .................. 1952
Eastern 1st mort 6 g,1906,M&S..
Phil. Wilm. & Balt., 48.1917, A&O
Iree.Elk.&M.V.,1st,68.1933, A&O
Pitts. C. & 8t. L., 7 s....1 9 0 0 , F&A
Unstamped 1st, 6s___1933, A&O
8ehuyl.R.E.8ide,lst5 g.1935, J&D
K.C. C.& Spring.,1st,5g.,1925,A&O
8teuben.&Ind.,lstm.,5s.l914, J&J
K C. F.S.& M . con. 6s, 1928, M&N
United N. J., 6 g............ 1894, A&O
K.C. Mem. & Bir., 1st,5s,1927, M&S
Warren & Frank.,1st,7s,1896,F&A
K.
C. St. Jo. & C. B., 78..1907, J&J
Bonds.— Baltimore.
Atlanta & Chari., Ist7s, 1907, J&J
L. Rock & Ft. 8., 1st, 7 s.. 1905, J&J
Income 6 s . . . ........... ..1 9 00 , A&O
Louis.,Ev.&St.L.,1st,6g.l926,A&O
2m., 5—6 g ................ 1936, A&O
Baltimore Belt, 1st, 5 s.1990, M&N
Mar. H. & Out., 6s....... 1925, A&O
Baltimore & Ohio 4 g., 1935, A&O
Mexican Central, 4 g. ..1911, J&J
Pitts. & Conn., 5 g ...l9 2 5 , F&A
1st oonsol.incomes, Z g, non-cum.
Staten Island, 2d, 5 g.1926, J&J
2d consol, incomes, 3s, non-cum.
Bal.&Ohio S.W.,lst,4*2g.l990, J&J
N. Y. & N.Eng,, 1st, 78,1905, J&J*
CapeF.&Yad.,8er.A.,6g.l916, J&D
ls t mort. 6s....... .....1 9 0 5 , J&J
Series B., 6 g ................1916, J&D
104*3 105
2d mort. 6s................1 9 0 2 , F&A
84
Series C., 6 g ................1916, J&D
86
Ogden. & L.C.,Con.6s...1920,A&O ;104 104*3 Cent. Ohio, 4*s g............ 1930, M&8
..... Chari. Col.&Aug. 1st 78.1895, J&J
Inc. 6s...................................... 1920
Rn tland, 1st,6s.......... 1902,M&N jiio "
Ga. Car. & Nor. 1st 5 g .. 1929, J&J
2d, 5s........................... 1898,F&A >100
North. Cent. 6s................ 1900, J&J
6s.................................... 1904, J&J
AUegheny Val^7 H-Toe,' l s i o J&J 106
Series A , 5s...................1926, J&J
Atlantio City let 5s, g., 1919,M&N
4*38...............................1925, A&O
Belvidere Del., 1 st,6e.. 1902, J&D i l 3 '
Piedm.& Cum.,1st, 5 g.1911, F&A
Catawissa, M., 7s.........1900, F&A 112*s
Pitts. & Connells. 1st 7s. 1898, J&J
Virginia Mid., 1st 6 s ...1906, M&S
Clearfield &Jeff., 1st, 6s. 1927, J&J 117
Connecting, 6s.........1900-04, M&S
2d Series, 6s............ ...1 9 1 1 M&S
Del. & B’d Br’k, 1st, 7s.l905,F& A 126
3d Series, 6s................1916, M&S
Esston&Am. IstM .,5s.1920,M&N 107*3
4th Series, 3-4-5s.......1921, M&S
Elmir. & Wilm., 1st, 6 s.1910, J&J.
5th Series, 5s..............1926, M&S
Hunt. &BFd Top, Con. 5s. ’95, A&O
West Va C.otP. 1st, 6 g.1911, J&J
Lehigh Nay. 4*ss.......... 1914, Q—J
WeFt’LN.C. Consol. 6 g.1914, J&J
2d 6s, gold................... 1897, J&D
109*3 Wilm. Col. & Aug., 6S..1910, J&D
MISCELLANEOUS.
General mort. 4*38, g .1924,0—F
i0 5 ' Baltimore—City Hall6s .1900, Q—J
Lehigh Val.Coal 1st 5s,g. 1933, J&J
FnndingSs-..-..............1900, Q -J
Lehigh Valley, 1st 6 s... 1898, J&D
111
West Maryi’c SR , 6 s.. 1802, J&J
2d 7s............................. 1910, M&8
Water 5 s . . . . . . .......1 9 1 6 , M&N
Consol. 6 ..............
1923, J&D
125'
Funding 5 s .................1916, M&N
North Penn, let, 7 s ....1 8 9 6 , M&N
Exchange 3*gs............ 1930, J&J
Gen. M. 7s.....................1903, J&J
Virginia (State) 3s,n ew .l932, J&J
Pennsylvania gen. 6s, r..l910, Var
Chesapeake Gas, 6s. ....1 9 0 0 , J&D
120
Consol. 6s, o
............1905, Var
Consol. 5s, r.................. 1919, Var
Consol. Gas, 6 s . . . . . . ....1 9 1 0 , J&D
5 s .................................... 1939, J&J
Collat. Tr. 4*3 g.......... 1913, J&D
Eq uitabla Gas.r’q.-* 0 * a A '=
Pa. & N . Y. Canal,7S...1906.J&P 125
1 Last price this week,
x ex-rights,
6
6
9
5
6
12
28
£
158
8
5=
17
9
19
20'
Bid. Ask.
105
11391
100's
76%
37*3
25%
19%
116
128
120%
104
102*3
104%
41
101
76%
3778;
26*4
20
129
103
104%..
45
100 102
114%
110
112*4
104
104%.
117*3 118*3
97
99
102 1021*
98 100
95
106%
65
61
61
95
__ ,
66
67
64
io i
102
93
93*s
112*3
115
112*3
99*3
110=8
113
113
100%
111
113*9-.
114
96
107% 108*4
100% 100%
110
113
120
121
101% 102
71% 72
107
114% 115*4
103 |103*a
107 *.........
THE CHRONICLE.
-APhH, 7, 1 8 S 4 JH
589
NEW TORS STOCK EXCHANGE PRICES (Continued).—A C T IV E BONDS A P R IL 6 A N D F O t: T E A R 1 8 9 4 .
r„ ,w ,| Closing Range (sales) in 1894. i
RiHSOAD ASH M1SCEX-. BONDS, ii n t e r i P ric e - -------- -------- .---------------- ----il R a il r o a d
Period A pr. 6. ! Lowest.
Highest.
and
Closing Range (sales) in 18 94.
Price
Period A pr. 6.
Lowest.
Highest.
M is c e l , B o n d s . Inter- i
A jner. C otton O il, deb ., 8 g .l9 O 0 Q—F U S % a . I l l
Feb.
31 & N
(C on.j—3(1, 7
._
- ' "
* " 0 --- , g .
T J. T 78
67 Jan. I113% Jan. Mo. Pac. Mo.—1st, ex., s ... 1906 F & A 109%b. 103 Jan. 109 Mar.
A t.T o p .* S .F ,-1 0 * -r r .,4 _ .l9 8 9 J < J *
fc
Pac. o l
4 g,1938
99%b. 95 Jan. 100 Mar.
77 3Iar.
——
— a
31% Jan. | 38% Mar.
2d s’-is. g., Cl. " A ” .......... 1989 A & O 38%
2d extended 5s..............1938 J & J 105 b. 99 Jan. 105 Mar.
C oI,M ldland-Cons., 4 g . l 9 4 0 F A A
29%
28 Feb. ! 32% 3Iar.
St.L.& Ir.Mt. 1st e x t.,5s. 1897 F & A 102%b. 100% Feb. 103 Jan.
51%
4 4 % Feb. ’ 51% Apr.
A tl.& P a c -—G u ar.,4 g .— 1 9 3 7 ...........
2d, 7 g .................... .....1 8 9 7 31 & X 107 b. 102 Jan. 109 A nr.
W. D. income, 6 s....... ..... 1910 J & J
6 a.
2% Jan. ! 6% Mar.
Cairo A rk.A Texas,7 £ .1 -9 7 J & D *102 b. 97 Mar. 102 Mar,
Brooklyn Kiev. 1st, 6 g ___1924 A & Oi 100% i o o
Jan. ;107 Jan.
Gen. R 'y & land gr.,5 g .1.981 A & O 78%
71 Jan.
79% Mar.
Union Elevated.—6 g — 1937|M & Nl 97%
94 Jan.
97% Feb. Mobile & Ohio—New, b g . . 1927 J A D 116
111% Jan. 116 A pr.
Canada Southern,—1st 5s„ 1908 J & J 110
105% Jan. 110 Feb.
57% Jan.
General m ortgage, 4s— 1938 M & S 60%
61 Feb.
2d, 5s................................. 1913 31 & S 103%b. 102 Jan. 105% Felt. Nash. Can i. -j i. — —iB i, 7s. 1913 J & J 128 b. 125% Jan. 128% Feb.
osu. '-il. & St. L.—1st, ,
CBnt.Ga.-S.AW.lstC09.5s.1929 . . . . . . .
50 a. 32 Jan.
51 Apr.
Consol., 5 g ....................... 1928;A A O *100 a. 98 Jan. 102 Jan.
C en tralotN. J.—Cons.,7s. 1899 Q—J ,1 1 2 8.. 112% Jan. 115 Feb. N.Y.Central—D elit.ext.4s. 1905,31 & N 102%b. 101% Jan. 103 Mar.
C on sol, 7s......................... 1902 M & N 124%b. 121 Feo. 124 Apr.
1st, coupon, 7s.................1903 J & J 126 b. 123 Jan. 126% Apr.
General mortgage, 5 g ... 1987 J & J 114% 110% Jan. 114% Apr.
Deuen., os, ooap., 1 8 8 4 .. 1904iM & S 108
107 Jan. 110 Feb.
Fell.A W.B.,Ct>n.,78,aa’d . 1900; Q—M , 109 %b. 105 Jan. 109 Apr.
N. Y. & Harlem, 7s, rag 1900 31 & N 120 b. 116% Jan. 119% Feb.
“
mortgage 5s. 1912 M A X 100 b. 100 Feb. 103% Mar.
R .W .A Ogd., c o n s o l, 5s. 1922 A A O 114%b. 113% Jan. 115% Feb.
« '
108%
Am. Dock & Imp., 5s___ 1921 J m J 110 b.1108% Jan. 111%.Mar.
“
West Shorn— u a r , 4 s ...2361IJ & J 105 % 100% Jan. 105% Apr.
G
i
Central Pacific—Gold, 6 s ..1898 J A J 105%b. 103% Jan. 106% Mar. N. Y. Cliie. & St. U —4 g ...1 9 3 7 A A 0
99%
97% Jan. 100% Mar.
Ches, & O h lo-M ort., 6 g ... 1911 A & 0 *116 b.. 115% Jan. 119% Mar. N, Y. Elevated—7s............. 1906 J A J 111%
109% Jan. 111% Apr.
1st consol., 5 g . . ..............1939; H .v N 106% 101% Jan. 106% Mar. N .Y . Lack. A W .—1st, 6 s.. 1921 J A J 130 ltd 127% Jan. 129% Feb.
73 Jan,
General 4 % * .g ................. 1992 3 1 * b 77%
77% Apr.
Construction, 5*..............1923 F & A 112 b. 110 Feb. 112% Jan.
92%
84 Jan.
K. * .
i.-t.-on.. ;
• & J
92 % Apr. N.Y.L.E.&W.—Ist,con .,7 g .l9 2 0 -31 & Sj 135 b. 131% Jan. 135 Feb.
2d eon., 4 g . -1989 J A J 83 b. 78% Jan.
88 Mar.
2d eonttoL, 6 g.................1969 J A D ! 82
I 74% Jan.
86 Mar.
E llr.L ex .A B ig 9an .~ 5g .19 02 M * S 100 a. 9 6 Jan 100% Feb.
Long Dock, cooeoL 6 e . . 1935.A A Oj 126 b. 125 Apr. 128 Feb.
CWe.BBrl. A Q .-C o n ., 7 s .l9 0 3 (J & J 121% 119 Jan. 121% Apr. N. Y .u n t.A W .—R e t 4a,g. 19112 M A Si 85
! 82% Jan.
85 A pr.
Debenture, 5#................... 1913 31 & 3 101 a. 97 Feb. 101 Mar,
Consol., 1st, 5 g ................1939 J A D ! 109%
107 Jan, 109% Mar.
Convertible 5a..................1903 31 A 8 104% 101% Jan. 104% Apr. N.Y.Sua.AW.—1S t ref., 5 g. 1937 J A Ji 107 b. 104% Jan. 107% Apr.
95 a. 90% Feb.
D enver Division, 4 s,.___ 1922 1 A A
94% Apr.
-Midland o l N. J., 6 g .......1910.A A 0| 116 b. 115% A pr. 117% Jan.
Nebraska E xtension, 4*.1927 31 A N 91% - 85% Jan.
91% A p r, Norf. & W.—100-year, 5 g .lo y o .J A J ............ 74% Apr.
74% Apr..
Han. A S t. Jo*.-C ons., 641911 <M * SI 117 b. 115% Jan. 119% Feb.
Md.&Wn e b .H lr .-lst,5g . 1941 J A Jl S3 a. 8 o % A p r.
81 Apr,
CWc. A fi. !U.—1*1,4. f.,0* 1007 J & D 116%b. 111% Jan. 116% Feb, North.Par.—1st,c o u p .,6 g .1921 J & J 113% 105% Jan. 114% Mar.
Consol., t ig ....................1 9 3 4 A * O 119 b. 118% Jan. 122 Mar.
General, 2d, conp., 0 g ...l9 3 3 A A O. So b. 78% Jan. j 39% Mar.
Generaleonaol., le t, 5*.. 1937 31 * X, 101%
97% Jun. 101% Apr.
General, 3d, coup., 6 g ... 1937 J A D
62%
52% Jan. ! 64% Apr,
Chicago & Erie—1st,ftg. ..1 982 31 A 3
99 b. 95% Jan. 100 Apr.
Coii.-ol. m ortgage, 5 g ...,1 9 8 9 ;J A D; 32%
20% Jau.
34% Mar.
34%b. 3 1 % ,Jail.
Incom e, 5 s...................... 1U-2: Oct.
35% Apr, i C ot trust gold note*. Os. 1898 M A N
84 %b. 83 Mar. 87 Jan,
C bie.C M L .A -C . - l - t .S g .1937 J A J
C h ic.& N . Pac., 1st, 5 g. 1910 A A o j 4S*a
43 Jan. ! 4 8 % A p r.
Chic. MIL A St. 1*. -Con. 7 , 1905 J A J 132 a. 126 Feb. 129 Mar.
Seattle L.S.A K .-l«,eo.6 .1 9 3 1 F A A 55
140 J an. 1 5 5 A p r.
1st, Sontlrwest Edv., 6 * . . 1909; J
, i l l b. 112 Jan. 114 Mar. North. Far. A M on.—8 g..»1938 M A > 38% | 30% Fob. ! 3 8 % M W .
1st, So, Minn. I):v ., tis ..1 910 J
J 117
111% Jan. ;117 Apr. i North. Pac. Ter. Co.—0 g . . 193;; .1 * Ji 100 a. 95 Jan. *100 Feb.
1 a tC b . A F »c. W. Di v. ,3s. 192 li J
J1U l
107 Jan. 111 Apr. OM O&M te.—C one,*.;.,7* 1898-J A J I l l b.j 100 Jau, 110 M a r.
J ) 104 b. 101% Jan. 102% Feb.
Chic. A Mo. Rlv. D lv.,5*.192S J
J
Consol., 7*........................ 1899 J A ■ .
106 Jau. U l i % A p r.
J; 107 %b. 104 Jan. 108 .Mar. Ohio Southern—1st, 6 g . . . 102! J A D
Wtec. A M tea. D lv .,5 g . ..1921! J
95%
92 % Feb.
97
5 fa r.
Terminal. 5 g .................. 1914 J
J, 108 b. 106 Jan. 108% Mar,
General m ortgage, 4 g ... 1921 M A N
44 b.; 44 Apr. ' 4 8 % J an ,
Gen. 31., 4 g .. serins A ,. . 1989. J
*> 91%
.
90 Jan.
91% Mar. Omaha A 8t. Louie— i g - 1937,J A J 45 h. 42 Fob. j 4 7
M ar,
Mil. A; N or.—1»%,.m n., 6#. 1 »13 1 A D - l i u b. 112% Jan. n s i-eb, Oregon Iiuur. Co.— 1st, 6 £.1910 .1 A Dj 102 a. 92-% Jan 1 01 % A p r.
J
Chl«. & S . W .~C o m o L. 7s. 1 0 15'- <4~F 141
138 Jan. 141 Mar.
Consol., 5 g ....................... 1939 A A O
57
46 Jan. ! 0 0
M ar.
Coupon, gold, 7*..............1902 J * D 123 %b. 121% Jan. 125 Mar. Ore.K.tl- XavLCo.—1st*0 g
Sc J lOS^abj 104% Jau, !108% M ar,
Sinking rand, “ ‘
'
. 1929 A * Oj 120 b. lie Jan. 119 Mar.
C&sifrL,ft
.„1 9 3 i$ !J & D ‘ 7 0 b.j 60 Jau. ^ 73
M ar.
.1929 A * O *108 b. 107% Jan. 112 Mar. Pen.n«,v*ivanla 4§, g . ,. ..... .1043 jM.
(Jinking fetid ,»»..,
N
31
S in king fu n d debts . e.,10331 A X n i l b. 106% Jau.
. .
Mar. Peim, Oo.— % g., m upan,. I @2 i ".1 & j iVo 'b. ui(i jfan* 110
-4
Mar.
‘
2S--J'<*rtiebenta*»,5a___ 1 909 31 * N 109 b. 104 Jan. 108 Jau. Peo. Dee. 4b Eviinsv.— g , 1920 J Sc J 79 b.j 74 Jan. ! 80
-0
Jan.
Extension, 4 s ,.................1926 F * A IOO
97 Jan. IO
O Apr.
Evansville D ir., 0 g.__ _ 1920 M A 8 78 h. 74 Mar. 77
Mar.
Chic. Peo.&St. Loai*—5 g . 1928 M * B * 69 %a.
‘2d
5 f......___ 19261 M A Kf 27
L
j 19 Jan.
27
Apr.
C hic. E .I .A P ac. - « * , COOp. 1917 J A J 126 b. 123 Jan. 127 Feb. Phi la. < H ead.—
fe
\ g, 1958 J S J i 76% i 67% Jan.
&
Mar.
78
E x te n s io n anti c o l., 5 s. ..iO 'Jti J * J 102%
97% Jan. 1025 Apr.
1st pref. iiteome. 5 g. ..... 1i>58 ...
37%
3 i Jau, ; 39% Mar,
30-yes,r d eb en tu re, 5s.. .1921 31 &
94%
92 Mar. 95
1 prrf. J I« <•!:;.•, .* c ........: • J
►
•
19 % Jan. | 27% Mar.
25 V *
Chic. St. P. 31. * O.— ft*.... 1930 J A
119% Jau. 125% Apr.
3 d p n t ixteciuwi,
193^! .
20
10% Jan. ! 21% M ar.
C levelan d A C a n to n —5 e ... 1917 J A % 72
} 70 Mar. 84 Jan. ¥ in m m g S We%cerii - 4 g. 19 it 3 < c
k
30%
80% Mar. i 85 Feb.
C, C. C. A L —e o n a o l., 7 g. 19! i J A I>; i^O
-€ o a ., ti g ..l0 1 5 ; J
115
106% Jau. 115 Mar.
G en era l eoiM ol., 0 g . . . . .1 9 3 4 J A J 120 b. 117 Jau. j.120 Mar,
Cmim l , $ i . . . . . . . . ____ .1030 A k O f 71% 105 Jan. '7 1 % Apr.
C .C .C .* S t.l« —P eo.A E ,4s. 1 040 A A O
75
72 Jan. I 78 Mar. Bleb. AW. P.1
;
-Trust,« g. 1807 F A A; i 54% ■
140 Jiiu, 154 % A p r.
Incom e, 4 s ..
............. 1990: A p ril.
18 b. 15 Jan. I i s Mar.
:
tniftt*5ff,>l$U 4 M & $ ' *J5% 1 18 Jan, 125% Apr.
Co). C os! .V iro n —# g
>
.. I p o o 1 A A
99 b. 05 Jan. 1 08 Apr. RioCJ. West*;*ru-- l « t , 4 g . a o j o J A. Jl 71
67% Feb.
70% Apr.
C bl.n .V ai.A T oL —Con..5 g. 1931■ A
M
001
86 Mar. ! 91 Feb, BU Ji> 4b Or. Icliand- 0 0..1O25 M St S j 00 b. , 62 Mar. 69% A pr.
.
G e n e r a l,6 g
.................1904 J
90*a
»7 J an. : 92% Feb. Bt, hr A S au l■*r.-Hdg.,CL li. 1000 M S N 112 b.1101 Jau. 110% Feb.
c
D enver & RU> CL—list, 7 g. 19mxM dc
114 b.
0 .. . . . . . . . . . . . . 1900;M & Nf 112 b. 101 Jan, 112 Apr.
i#t m am h*
......i m e J &
78 b. 73 P£b. | 78 >t Apr*
s
Otsueral «i*art*raire, 0 g ..,.1031 J & j ; 95 b. 82 J an.
97 A pr.
Del. R. I
M
r
S
c
.
' 58 a.
St. L,, So, W*sit.* - ltd, 4a, k . XOSH M A Ns 61% I 55% Jan,
02 A pr.
20% 2 3
Det. M & M.—L d -m n U . 1911 A 4c
il*-.
203
2 d, 4 «, ip,, litcom u . . . . . . . . 1 9 8 0 ;J Sc J • 20 % j 16% Jau.
20
DqL So. Bh. & AU—5 g ...A 9 J 7 'J &
07%b. m F «b . 100 m . 5 tF .M .& M ,—D a le .E x ,,6 g . 1010 M Sc S . 119 b 115% Jan- 120 i Apr.
Mar.
£ . Term. V.&O a,—Coo. ,.5 f . I960. M &
m
86 % J*n, i m
99 M
u
1»4 m&ml,, 6 f
1 0 33 \ & j I 120 %b IIS
j
Jau, 122 Mar,
KanxviHe
Oilu>, 0
4 U
100
00 J »a . .96 % Apr.
M
reduced t<54% g ___J A- j ; 100% b I 07% Jau. 100% Mar.
Mt- n . m uenv. u n j —o m, , .1921- j at ji
78%
66 Jen . ! 70% Mar.
5fcmta.ua Flxteumion, 4 ^. If)37 J & 1> 87% ; 84 Jan,
87% Apr.
Oal,M.A8i3.ii Aa.-M .& P-D.!I M M ’ M A Nl 92
00% Jan. ! 92 Mar. Saa Aut. At A ,F.—li»t,4 k',,jni.,‘ 43 J A J 58
| 50% Jan.
58 A pr.
Gen. ElectdOideb. 5a, g , ...
- J A D! 86%
OS Jan. i 86% Apr.
0>rp. (N.Cord, j 1HtcunM*. M A K
IImm- Sc T- Ce»t.*^ea, 44,g ,19*31 E At
A
64%
60 Jan.
66 Mar. So.Oar.— l«t, d g” ©x cou p . 192U ...........
.,
wmmfa Central'—4
E A O; 102 ft 100 Feb, 101 Feb. So. Faellk’., A r ii.--6 ^..lOOO lO j S J *109 a, 105 Feb. 110 Feb.
-A
c
!>2%b. 91 Feb.
9-1% Jan.
M i 3f| 112 b.
m i. 4b €§te Nwr.—lftt, g r . .
Jan. .111% Mar. So. Faciti-e, CaL~d e....10ur>-12 a A o ; 107 b ,il0 7 % Feb. 109% Mar,
2d 4 - 5 # . . . . . . . . . . . . . . . . . . .1909' M At 81 70 ft 01 M a r .; 67 Feb.
1ft* M B M l* jtcold, 5 g . , ,, 1 9 3 8 1A A Of 89 .... 88 .tan.
Iow a Central—1st, 5
, , 1.038; J A l> 94
86 J&u- ) 04% Apr, So. Facdfle, N. M. - 0 f j . ___ im s !J A J 1 09 b.j 05% Jan. 9 1 % :Mar.
98% Apr.
Wtnfm, O t. E ler.—1#l» o g.. . i i i i t 4 A Jl 83%
O
70 Jan. f 83% Apr. Tenn.C.1.4 Kv Ten, D., l* t,6 g A & O 85
5 JAB.
83 Feb.
la clw lc HA*
M. 5
.1919! Q—;r j 87%
81 Jan.
8 7 ^ Apr,
Birmingham I
,6
. 1911 .1
7 7 Jan.
96
86% Apr.
S& W i
W7 J A J IU
110% Jan. 1114% Mar. Tera* A ra clllc —l i t , S
2000;J A 0 . 8 4 %
72% Jan,
84% Apr,
L. Shot _ r « n ■
, 7&..HHB} J M J 120
2d, iurmiiA, 5 j
1IS Jan. 1119% Mar,
.......2006 March
26%
17% Jan.
26% A pr.
Cobs*
ap..
It ....... 1903 J Sc Dj 12 i
122 Jan. 1125 Mar, To!. Ann Ar. & N M 6 g. 1921 M A N ;
70 1*. 55
Mar. 70 Apr.
I;
— Lteoto. .5 g. 1031; Q -J^ e P i
J*
113 Jan. (115% Mar. Toledo A Ohio Ceut.—b g ,1935; J A J 107% 104 Jan. 107% Mar.
Dene
4| , I 0» J
Dr* 9 5 %b, 93 % Feb. ? m
Jan. Toledo Peo. A W rat — 1 g
84% Mar.
, lH0§ a a . o' 100 b. 109% Apr. 11.13% Mar. T'*L Bt. L. A Ran. Cl—6 g. .1.917 .1 A Jf 8 3 b-t 76% Jau.
•
'■
c
1916 4
58%
16-1
JS, O, & Mo
fe
»0 f. «1030; J < J ‘ 115 h. 1 12 % J »n , 115% Mar. L'nton Paelflo—0 g .......... ..1899.-J A D I 16 4 8 1 )1 0 5 Jau. 109 Apr.
A J! 1 0
Jan.
Apr.
24, * . 1930 J At J; 1.01 b. 97 Jun. 99% Apr.
Kst. fiSi:k;;tg toad. Ss. .. .1899 M A ,9 100 %
95% J an. 103 Feb.
eeneral, § g
..1 9 3 0 J Sc Di im b- 109% Jan.
Mar.
Oollaterai iruet, 4 % ..... -IDl ft M A N 44
44 Apr.
-lit Jan.
D a llie d , 4 £
. .1940 J & J
17
72% Jan.
77
Apr.
Gold 6s, cot. trust note*. 1994 P A a { 92 b. 82 Jan. 9 2 Mar.
Kwbvfl.tjfes
06
fU L,5 r.-37 F «te A
m
76 Feb. 9 0 Fob.
*
Kan. P*e. -ItoruDlr., 6 g .I . » » M A N 106 b.; 101 Jan. 107% Feb.
Keim icky Central—4 * .. 1987 J < J
te
84%b. 82 Jan.
s 1 k Mar.
1st consol., 8 a .......... ..191fl:M A N
0 7 a.) 82 Jan.
97 Mar,
h o a lt.lt. A. A Oh.—l*t, ds.llMiy.J A .1 112 b. 108 » 80, u s u Mar.
J
Oregon Khort IJne -6 g. 1332 F A- a ! 0 1 % ! 75 Jan.
92 % Mar.
Cor.**.:.. 6 k ...................... 1918 A A O
94 a, 93 Jan. SI00 Mar.
Or.».L.*Ut*liN.—Con.5g.19W A A O 55 b. 48 Jan,
56 Feb.
JAU*. St. L. A Texas —6 g.JOl 7 F A A
55 b. 55) i Jau. ; 57 Jan.
l i .F .D en.A G a!f,con., 5 e. 1939 J A Dj 47
i 12 Jan.
47% M ar
Metro. E levstcd —l i t , 6 g, l;»o .4 ,f A ) IH 'V b . 116 Jau, 119% Mar, Virginia Mid. -G en M .5 M a N 86 b. 70 Jau.
88% Apr.
2*1. 6s-................................1890 M A N 109A.I>. 107 Jau. 100A, Apr.
“
tuunped g u a r.. ;M >k N 80 b.
Jau.
89 Mar.
Mich. Cent-—1st, con*., 7* 1902 M A N 123%b. 122 Feb. 124% Mur. « abash—1*4,5 g .............,.1939: Jl A N
106% 102 Jau. 106% Apr.
Cen*oL, Si .......................1002 M A N 105%b. 106 Mar, 106 Mar.
2d mortgage, 5 g ............. 1939 F A A : 75%
70 Feb.
70% Jan,
M ja.lAkeSh.AW .—1*L 6 g .l 921 M A X 13<>
1*24 Jao. 130 Apr.
___
Debent. M ., aeries B ....... 1939 J A J
21 Alar. 28% Apr.
28%
E xteo. A Im p., 5 g ..........1929 V A A 108 %b. 103% Feb. 109% Apr. We«t. N. Y, A P a .—l« t ,5 g .l9 3 7 :J A J 100
38% Jan. 100% Mar.
Mo K & E . - l s t S , g .,g n ,i9 4 2 ,A A O 80 %
80 J»n. 83% Mar.
2d m ortgage................... 1927 ,V A O
20%
18% Fel).
22 Jan,
M, k , A Texft*—1st,4 » ,g .. 1990 J A D: 8 2 %b. 78 Jan.
83 Apr, Wert, U n.T cf.—Col. tr., 5 s-1936!J A Ji 106 b.!103 Jau, 106% Apr.
J l, 4«. K ..................... ...1 9 0 0 F A A 43
U Feb.
48 Apr, Wise. Cent. Co.—le t, 5 g ... 19371J A Ji 7 3 %b,; 64 Feb.
76% Mar.
M o .P a c .~ l» t,c o n ..6 g — 19201M A J h to O M b .: 87 Jnn. 101 A p r.
Income, 5 m ________■
17 b.S
18 Fab.
___________ ________________________________________ g .......................1 9 3 7 !........
___ ... b. 13% Feb.
.......
________1
112
N o T s—" b " Indicates p rice bid ; •*»” p rice a s k e d ; th e R a n g e 1* m o d e u p fro m a ctu a l sale* o n ly .
* Latest p rice this week.
! T rust receipts,
NEW YORK STOCK EXCHANGE PRICES—(Continned). —IN A C T IV E BONDS—A P R IL 6.
em m rrrm
Railroad Ronds.
Bid.
Ask,
BEOUMTOS-S,
BW. Ask,
B. A O .—Jon*, mort., srold,5s.l988 114
W. Va. A Pitts.—1st, g., 5s., 1990
(Monk Emhangt Ptim9,}
B, A 0 .8 . W., 1st* k ,
•104%
Al&h****
g „ gmsiT^wm
[ 00
Momm. Hlvfir, 1st g,,g< 5 s . ..1910
A, T,
s. r ^ m f 4
i B .lf
OsaVlOltio E cor.—Dt, 4% s.l930 ios%
Do
M. 1st, <?.» I
*95 n A k.A 0&.Jttiic.—Ist*«rr$s,^n.l930
A si*'CtlC k Dvjr.
i.lfP iit* H, Tou. A W.—t>*sb. 54%1913
s,
4a. A
-24 W ,,
*. 1 Brooklyn Bisvvited—JSd, 5s.-., 1915
1
TO*
a y , A O it o -iir t, € •JnK9cBvl i l i
- -ff flftias wscIeM W‘n—1st, g. 4m, 1038
\ I
%
W , B'p he S PHT«.—
k
■do” ItoiT
S o p it s s i tM a ii U m s are the u t e n cnouri.oag made UO* w e « .
SECDRTT1E8.
B id.
Ask.
B.
R .A P ,—Rocb. * P ., let,, 69.1921 *120%
R ocb. A Pitts.—Cons. 1st,6«,1922 117% 118%
Suri Ced. Rap, A No,— lrt.5s.190G 105%
Consol, A collot. trust, 5s. ,.1934 *80
Minn, A St. L.—1st, 7*, K 'i.,1927 *115
Iow a C. A West.—1st, 7 »
1900 *100 105**
Ced. Rap. L F. A N., 1st, 6s. 1920 100
le t, 6 s........................... ....1 9 2 1
00
C. Ohio—Co). * a n.M. 1s t,4%».1939 ......
C o t. RR. A r .'inlr _f*r>! it f.- 10371 SO
85~
THE CHRONICLE.
590
[V ol. L V III.
MEW YORK STOCK EXCHANGE PRICES.—INACTIVE BONDS—fContinued)—APR IL 6.
b e c u k it ib s .
Bid.
riuic of N. J.—Conv. deb., 6 b. 1908
q MiTai pacific—Gold tide, 6s, 1895 103
Gold bonds, 6s..................... 1896 103%
Gold bonds, 6 s .................. 1897 104
Ban Joaquin Br., 6s............ 1900 104
1939 *90
Wort. gold 5s.
1900 *97**
Land grant, 5s, g ..— Gal, & O. Div., ext., g. 5a... 1918
1899
West. Pacific—Bonds,6s....
No. Ballway (Cal.)—1st, 6s 1907
90
1938
Odes. & O.—Pnr. M. fund, 6s 1898 108*4
1908 118
6s, gold, series A ....... - - .......
Oralg Valley—1st, g., 5 s .... 1940
Warm Bpr. Vat., 1st, g. 5s. 1941
Odes. O. & Bo. West.—1st 6s, g. 1911 100
40
1911
Ob’. V*—
Gen.oon.iat,gu.g,5s 1938
1903 115
Odloago & A lton -8. F.,, 6 s ....
Louis. & Mo. River—1st, 7s, 1900 112
1900 107
Bt. L J a c k s A Chic.—2d, 7s, .1898 107
Miss.R. Bridge—1st, s.f., 6s, 1912 102
Ohio. Burl. & Nor.—1st, o s .... 1926 103
Deb suture 6s. . . . . . . - ....... . 1896
Oslo. Burling. & Q.—5s, s. I .. 1901 104
Iowa Dlv.—Sind. lu n d ,5s.. 1919
94
1919
Sinking fund, 4s.......
1921 *86
Plain, 4 8 .. - ..- - ............
O lie & Indiana Coal—1st os. 1936
0 ll. Mil. A St. P.—1st,8s,P.D. 1898 114%
1898 120
2d, 7 3-10s, P. D ........
1902 125**
1st, 7 b, $ g., R. D ........
1897 120
1st, I. & M., 78............
1899 120
1st, I. & D., 7s............
1903 126
lst,C . & M „ 7 s .. . . . . . .
1st, I. & D. Extension, 7 s ... 1908
1st, La C. & Dav., 5s............ 1919 103
1st, H. A D .,7 s .................... 1910 125*4
1st, H. & D., 5 s . . . . . . — . — 1910 103
Chicago < Pacifio Div., 6s.. 1910 116
fc
Mineral Point Div. 5s.......... 1910
O. A L. Sup. Div., 5s............ 1921 104%
Fargo & South., 6s, A ssu... 1924 113
Ino. oonv. sink, fund, 5s----- 1916
Dakota < Gt. South., 5s— 1916 io ih
fe
Mil. & Nor. main line—6 s ... 1910 115
©lio.AN.W.—30 year deh. 5s, 1921 108*4
Escanaba A L. S. 1st, 6s— . 1901 106
DeB M. A Minn.—1st, 7s---- 1907 120
Iowa Midland—1st, 8s......... 1900 120
Peninsula—1st, conv., 7 s ... 1898
Ohio. A Milwaukee—1st, 7s. 1898 i l l ”
Win. A St. P.—2d, 7s............ 1907 128
Mil. & Mad.—1st, 6s............ 1905 111
Ott. C. F. A St. P.—1st, 5s.- 1909 108
Northern 111.—1st, 5s......... 1910 lo7
Gh.Peo. ASt.L.—Con.lst,g.5s. 1939
O.R.L AP.-D.M. A F. D. 1st 4s. 1905
45
1st, 2*fiS............................... 1905
Extension, 4s................. - 1905
93
Keokuk ADes M.—1st, 5 s.. 1923
Ohio. A St.L. (Atch.)—1st, 6s.. 1915 105
Ohio. St. P. & Minn.—1st,68... 1918 126**
St. Paul & S. C.—1st, 6s....... 1919 124
Ohio. A W. Ind.—1st, s. f., 6s. 1919
General mortgage, 6s.......... 1932 118
Gin Ham. & D.—Con. s. f., 7s. 1905 '117
2d, gold, 4*33......................... 1937
Gin. D. A Ir’n—1st, gu. 5s, g. 1941
Olev. Ak. & Col.—Eq. & 2d 6s..1930
1939
0.
0.C. A St. L., Cairo div.—4s,
91
St.Lou.Div.—1 stool. ts’t4s,g..1990
Bpring. &Col.Div.—1st,g. 4s. 1940
White W.Yal.Div.—1st,g. 4s. 1940 90
Cin.Wab.AM.Div.—lst,g.4s,.1991 *88*s
91
Oin. I. St. L. A C.—1st,g.,4s,.1936
Consol, 6s.............................. 1920
1928 103*4
Cin.San.&Cl.—Con.lst,g.5s,
.1899 116
01.
Col. Cin. & Ind.—1st, 7s,s.f.
Consol. sink, fund, 7s.......... 1914
Oleve. A Mah. Y .—Gold, 5 s ... 1938 112
Columbia & Green.—1st, 6s. .. 1916
2d, 6s....................................... 1926
Del. Lack. A W .—Mort. 7s— 1907 130%
Bvra. Bing. A N. Y .—1st, 7s. 1906 125
Morris A Essex—1st, 7s— 1914 141
Bonds, 7s............................. 1900 115
7s of 1871........................... 1901 119
1st, oon., guar., 7s............ 1915 140
Del. & Hud. Can.—Coupon 7s,,1894 101%
Pa. Div., coup., 7s............... 1917 140
1.1906 125
Albany A Susq.—1st, gu.,7s,
1st, cons., guar., 6s.......... 1906 116**
Kens. & Sar.—1st, couj>., 7s..1921 145
Denver City Cable—1st, 6 s.. 1908
Denv. Tramway—Cons. 6s, g 1910
Metropol. Ky.—lst,gu. g.6s..1911
Denv. A R. G.—Imp.,g., 5 s ... 1928
Duluth & Iron Range—1st 5s. 1937
90*4
£ . Tenn. Va. A Ga.—1st, 7s... 1900 lll^ e
Divisional 5s........................ . 1930 *106
1st ext., gold, 5 s .................. 1937 *40
Eq. cfclmp., g.,58................... 1938 *67*2
Mobile A Birm.—1st, g.,5s.. 1937
Alabama Central—1 st6s... 1918 100
Erie—1st, extended, 7s.......... 1897 111
2d, extended, 5s.................... 1919 *112
8d, extended, 4*as................ 1923 108
4th, extended, 5 s ................ 1920 110
. 5th, extended, 4s.................. 1928 101*4
1st, con., g.. f’d, 7 s ............ . 1920 130
Reorg., 1st lien, 6s............... 1908
B. N. Y. A E —1st, 7s.......... 1916 125
er. Y . L. E. A W .—Col. tr.,6s,.1922
Funded coup., 5s................. 1969 *75’
Buff. A 8. W —Mortg. 6 s ... 1908
Jefferson—1st, gu. g. 5 s . . . 1909
Coal A RR.—6s.................... 1922
Dock A lm pt.,lst 6s, cur’cy .1913
Eureka Bprings—1st, g., 6s.. .1933
Evans. A T.H.—1st,cons.,6s. .1921 110
1st, general, g., 5 s .............. .1942
Mt. Vernon 1st 6 s ................1923
Ask.
109
50
95*4
99 %
115
122
i22
134
127
105
L19
105
107
109
113
100
130
120
98*4
90
116
141
42
69*4
102*4
135
107*4
100
115
95
SECURITIES.
E .AT.H.—Sul.Co B r.lst,g.,5s.l93 0
E v.A R ich.—Istg en .5s,g.gu .l93l
ffivans. A Indian.—1st, cons.. 1926
’Tint A P. Marq.—Mort., 6 s .. .1920
1st con. gold, 5s.....................1939
Port Huron—1st, 5 s ............1939
Pin. Cen A Pen.—1st g. 5 s....1918
1st con. g., 5 s ........................ 1943
Ft Worth A R. G.—1st g., 5s..1928
Gal. Har. A San A nt.—1st, 6 s.1910
Gal. H. AS. A .—2d mort., 7s...1905
Ga. Car. A Nor.—1st, gu. 5s,g.l9 2 9
Ga. So. A Fla.—1st, g. 6s........ 1927
Grand Rat). A Ind.—Gen. 5s.. 1924
G. B. W. A St. P.—2d ino. tr. reets.
Housatonic—Cons, gold 5 s .... 1937
N. Haven A Derby, Cons.5s..l918
Hous. A T . C.—W aco A N.7S..1903
l s t g ., 5s (int. g td j................1937
Cons. g. 6s (int. g td )............1912
Debent. 6s, prin. A int. gtd,1897
Debent. 4s, prin. A int. gtd.1897
Illinois Central—1st, g., 4s ...1 951
1st. gold, 3*as........................ 1951
Gold 4 s ....................................1953
Cairo Bridge—4s................... 1950
Springf. Div.—Coup., 6s— 1898
Middle D iv.—Reg., 5s..........1921
C. St. L. A N . O.—Ten. 1.,78.1897
1st, consol., 7s.................... 1897
2d, 6s....................................1907
Gold, 5s, co u p o n ................ 1951
Memp, D iv., 1st g. 4 s.......1951
D ib . A S. C.—2d Div., 7s . . . 1894
C^d. Falls A Minn.—1st, 7s.. 1907
Ind. D. A Spr.—1st 7s, ex. ep.1906
Ind.D .& W — 1st 5s, g .,tr.rec.. 1947
2d, 5s, gold, trust receip ts.. 1948
Inc. M. bonds, trust receipts —
Ind. Ills. A Iowa,—1st, g, 4s.. 1939
Int, AG. N’n—1 st,6s,g................1919
Kings Co.-F.El.,lst,5,g.,gu.A.1929
Lake Erie A West.—2d g., 5s. 1941
L. 8 . A M .Sou.—B .A E .—N ew 7s.’98
Det. M. A T —1st, 7s............1906
Lake Shore—Div. bonds, 7s. 1899
Kal. A ll. A G. R.—1st gu. 5S.1938
Mahon’g Coal R R .—1st, 5 s .1934
LshighV.,N .Y.—1st gu.g.4% s.l940
Lehigh V.Terrn.—1st gu. 5s,g. 1941
Lehigh V ’y C oal—1st 5s,gu.g.l933
Litohf. Car. A West.—1st os. g.1916
L m g Island—1st, 7 s ................ 1898
N.'Y. A R ’w ay B .— 1st, g. 5s. 1927
2d m ortg., in o .....................1927
N.Y.AMan. Beach.—1st, 7s, 1897
N. Y. B. AM.B.—1st con. 5s,g. 1935
Brookl’nAMontauk—1st,6s. 1911
1st, 5 s .................................. 1911
Lonis.Evans.ASt. L.—Con.5s.1939
Louis. A Nash.—Cecil. Br. 7s.. 1907
E. H. A N ash—1st 6s, g ....l9 1 9
Pensacola Division, 6s ........ 1920
St. Louis Division, 1st, 6s ... 1921
2d, 3s.................................... 1980
Nashv. A Decatur—1st,7 s.. 1900
S. f.,6s.—S. A N. A la............. 1910
10-40, gold, 68...................... 1924
5 0 -year 5s, g .,........................ 1937
Pens. A A t.—1st, 6s, g o ld ... 1921
Collat. trust, 5s, g ................ 1931
Lou.N.Alb.ACh.—Gen.m .g.5s.l940
Manhattan R y.—Cons. 4s.......1990
Manito.S.W.Coloniza’n—5s ,g.l934
Memphis A Chari.—6s, g old .. 1924
1st con. Tenn lien, 7 s.......... 1915
M exican Cent. Consol.—4s, g.1911
1st, cons, incom e 3s, g........ 1939
Mex. International—1st, 4s,g.l942
M exican National—1st, g., 6s. 1927
2d, incom e, 6s, “ A ” .............. 1917
2d, incom e, 6s, “ B ” .............1917
Michigan Central—6s .............. 1909
Coupon, 5s...............................1931
M ortgage 4 s............................1940
Bat.C.AStrgis.—Ist,3s,g.gu .l9 89
Mil. L. S.AW.—Conv. deb., 53.1907
Mich. D iv., 1st, 6s................. 1924
Ashland Division—1st, 6s . . 1925
Incom es...........................................
Minn.A St. L.—1st, g. 7 s.........1927
Iow a Extension, 1st, 7s.......1909
2d m ortg., 7 s ......................... 1891
Southwest E xt.—1st, 7s.......1910
Pacific E xt.—1st, 6s ............1921
Impr. A equipment, 6s........ 1922
Minn. A P ac.—1st m ortg., 5s. 1936
Minn.St.P.AS.S.M—lstc.g .4 s.l9 3 8
Mo.K.AT.—K.C.AP., 1st, 4s, g. 1990
Dal. A W aco—1st, 5s, g u .. .. 1940
Missouri P acific—Trust 5 s ...1917
1st coll., 5s, g ........................ 1920
St L .A I. M .-A rk .B r.,lst,7 s.l8 9 5
Mobile A Ohio—1st ext., 6s ... 1927
St. L. & Cairo—4s, guar....... 1931
Morgan’s La. A T.—1st, 6s___1920
1st 7 s . . . . . . . . . . . . . .
1918
Nash. Chat. A St. L.—2d, 6s .. 1901
N. O. A. No. E. -P r. 1., g., 6 s..1915
N. Y. Central.—Deb. g. 4s___1905
N. J. June—Guar. 1st, 4 s ... 1986
Beech Creek—1st,gold, 4 s.. 1936
Osw. A Rome—2d, 5s, g.,gu.l915
Utica A Bl. R iv.—4s, g., gu.1922
N. Y. N. H. A H .—1st, r ev .4s. 1903
N. Y. A Northern—1st, g 5a. 1927
2d, 4 s........................................1927
N. Y. Susq. A West.—2d, 4*as.l937
Gen. m ort., 5s, g .................. 1940
N. Y. Tex. A Mex.—Ist,4s,gu.l912
North’n Pacific—Divid’d scrip ext.
James R iver Val.—1st, 6s ... 1936
Spokane A Pal.—1st, 6s.......1936
St.Paul A N. P .—Gen., 6 s ..1923
* No price Friday; these are the latest quotations m a le this week.
Bid.
Ask.
*50
115
90
105
95
*60
100
98
94
104
21%
*20
117*4
113
105
103*4
101 103
*90
*80
106*4
97*4
97*« 977s
104*4
107
111
111 112*4
115*4
*97*4
100
91
95
12 r
75
112
80
115
80
102 "
110
125
112*4
110
110
100 % 100%
107 109
95
114
35’
43’
*92'
43
109*4
113
110
*114
*32
112
*100
101*4
97
45
110
114*4
ll L
115
94*6
*97
95
69%
96*4
108
68
23%
5
111*4
100
lb’S"
124
123
108
115
111
123
125
110
125
120
94
*68
96
80
102% 105
113
122%
104 116
100*4
100
100*4 103%
107 109
102
105
111
89
94
97
50"
78
116
1L8
SECURITIES.
Northern Pacific—( Continued.)
Helena ARedM ’ u—1st,g., 6s. 193"
Duluth AMauitoba—lst,g.6sl93<
Dul.AMan Dak.Div.—Ist6 s.l9 3 ’:
Cceur d’ Alene—1st, 6s, gold. 191t
Gen. 1st, g., 6s.................... 193?
Cent. Washington—1st,g.,6s.l93>
Norfolk A South’ n—1st, 5s,g. 1 9 4 ’
Norfolk A West.—General, 6s. 1931
New River, 1st, 6s ............... 193^
Im p. A E xt., 6s......................1934
Adjustm ent M., 7a............... 1924
Equipment, 5s....................... 190t
Clinch Val. 1st 5s.................1957
RoanokeASo.—1st, gu. 5s, g.l92S
Scioto Val. A N. E.—lst,4s,.199(
Ohio A Miss—2d consol. 7 s ... 1911
Spring.Div.—Is t7 s ...............1905
General 5s...............................193L
Ohio River R R .—1st, 5s..........193(
Gen, g .,5 8 ...............................lOS'I
Oregon A Califor.—1st, 5s, g.1927
Oreg. R y A N av.—Col.tr. g..5s.l919
Pan. Sink.F’d Subsidy—6s, g. 19U
Penn.-P.C.CASt.L.Cn.g.4%sA194(
Do
do
Series B .........
P.C .A S.L.-lst,0.,7s ............... 190t
Pitts. Ft. W. A C —1st, 7s...1911
2d, 7 s .................................. 1912
3d, 7 s .................................... 1912
Ch.St.L.AP.—l8t,cou.5s,g... 1932
Olev. A P.—Cons., s. fd., 7S.190C
Gen. 4*48, g., “ A” ............. 1942
8t. L. V. A T. H —1st, 6s., 78.189'}
2d, 7s.................................... 1898
2d, guar., 7 s........................ 1898
G d.R .A I.E xL —1st,4%s,G.g. 1941
Peo.A E .-Ind.B .A W .-lst,pf.7s.l90C
Ohio Ind.AW.—lstp ref.5 s.-1 9 3 8
Peoria A Pek. Union—1st, 6s .1921
2d m ortg., 4*48...................... 1921
Pitts. Cleve. A Tol.—1st, 6s ... 1922
Pitts. A L . Er.—2d g. 5s, “ A ” . 1928
Pitts. Me. K. A Y .—1st 6s------1932
Pitts. Painsv. A F.—1st, 5 s ... 1916
Pitts. Slien. A L. E.—1st,g.,5s. 1940
Pitts. A West.—M. 5s, g,1891-L94l
Pitts.Y’gst’n&A.—1st, 5s,con. 1927
Pres. A Ariz. Cent.—1st, 6 s, g.1916
2d incom e 6s ..........................1916
Rich. A Danv.—Debenture 6s. 1927
Equip. M. 8. f., g., 5s............. 1909
Atl. A Char.—1st, pref., 7 s.. 1897
do.
Incom e, 6s----- 1900
Wash.O. AW. —l8t,4s,gu.oy.,1924
Rio Gr. June.—1st, gu., g., 5S.1938
Rio Grande 80.—1st, g., 5 s ... 1940
Bt. Jos. A Gr. Is.—2d iu c.........1925
Kan. C. A Omaha—1st, 5 s.. 1927
St. L. A. A T .H—2d p ref. 7 s-.1894
2d m .inc. 7s............................1894
Dividend bon ds..................... 1894
Believ. A 80. I l l —1st, 8 s ...i8 9 0
Bellev. A Car.—1st, 6s..........1923
Chi. St. L. APad.—lst,gd. g. 5 s 1917
St. Louis So.—1st, gd. g. 43.1931
do
2d in co m e ,5 s.1931
Car. A Sliawt.—1st g. 4s-----1932
8t. L. A 8 . F —2d 6s,g., cl. A . 1906
E quip.,7s ............................ ..1895
General 5s............................... 1931
1st, trust, gold, 5s..................1987
Consol, guar., 4 s....................1990
Kan. City A S —1st, 6s, g ...l9 1 6
Ft. S. A V. B. Bg. -1 s t , 6s . .. 1910
Kansas Midland.—1st, 4s, g.1937
St. Paul A Duluth—1st, 5s---- 193J
2d m ortgage 5s.......................1917
St. Paul Minn A M.—1st, 7 s-.1909
2d m ort., 6s ................
1909
Minneap. Union—1st, 6 s— 1922
Mont. Cen.—1st, guar., 6 s ..193
1st guar. g. 5 s................... -...1937
East. M inn., 1st div. 1st 53.1908
San Fran. A N. P.—1st, g., 5S.1919
South Carolina—2d, 6s...........1931
incom e, 6s....... ...................... 1931
So. Pac. Coast—1st, guar.,4s. 1937
rer.R R . As’n of S t.L .-lst,4 *
48.1939
Texas A N ew Orleans—1st,7s. 1905
Sabine D ivision, 1st, 6s ....... 1912
Consol. 5s, g ............................1943
Third Avenue (N.Y).—1st 5s, 1937
Tol. A. A . A Cad.—6s ................ 1917
Toledo A . A. «&G’d Tr.—g. Os.1921
Tol. A. A. A Mt. Pi.—6s .......... 1919
Tol. A. A. A N. M.—5s, g........ 1940
T .AO.C.—K an .A M ., Mort. 48.1990
Ulster A Del.—1st, con.,6.,5s. 192a
Union Pacific—1st, 6s.............. 1896
1st, 6s .......................................1897
1st, 6s ......................................1898
Collateral Trust, 6a.............. 190a
Collateral Trust, 5s.............. 1907
Kansas Pacific—1st 6 s, g ...l 8 9 5
1st, 6s, g ............................... 1896
C. Br. U. P.—F. 0., 7 s.......... 1895
Atch. Col. A Pac.—1st, 6s ... 1905
Atch. J. Co. A W.—1st, 6s ... 1905
U. P. Lin. A C o l—1st, g., 5s. 1918
Oreg.S.L.AU .N.,col.trst.,5s.l919
Utah A North.—1st, 7s........ 1908
Gold, 5 s................................ 1926
Utah Southern—Gen., 7 s ...1 909
E xten., 1st, 7 s................... 1909
Valley R ’y Co. o f O.—Con. 6 s.1921
Wabash—Debenture, Ser. A .. 1939
Det. A Chic. E xt. 1st, 5s, g ..l9 4 0
No. Missouri—1st, 7 s .......... 1895
St.L.K.C.AN.—R.E.ARR.7S.1895
St. Charles Br’ge—1st,6s.. .1908
West. Va. C. A Pitts.—1st, 6s. 1911
Wheel.AL.E.—1st. 5s, g o ld ... 1926
E xtension A im p, g., 5s.......1930
F o r J lt s o a lla n a o u a & U n l i s t e d B
j
Bid.
4.3k.
77
77
90
102% LOS”
V
L14
103
.....
*75"
75
115
77
112
)....... * 101
82*5
80
54
io i%
101 s 102
136
* ___
128
119
105
10814
135%
.....
110
T02
112
110
*30
L iT
65
82*4
90
*65
101% 102
103*4 1 0 i 78
70
108
100
80
80
80
112
8 1"
82*4
90
75
no
102
no
117
120
116%
1 1 2 % 114
100*4
101 103
’'87%
101
111
104
90
114% 115
6J
72
65
75%
100%
105*4
1U6 * L07
4
108 108*4
"eo
*75
102
104
45
*40
49
45
49
45
87
Si
99 102
105*4 1057e
104*4 10478
104
105
*92*4
a d * —Sea 31 page preopding.
THE CHRONICLE,
APRIL 7, 1894,1
Jmrestmcnt
Roads.
Railroad intelligence.
The I n v e s t o r s ’ S u p p l e m e n t , a pamphlet o f 160 pages, con
tains extended tables o f the Stocks and Bonds o f Railroads,
and other Companies, with remarks and statistics concerning
the income, financial status, etc. o f each Company. It is
published on the last Saturday o f every other month—viz.,
January, March, May. July, September and November, and is
furnished without extra charge to all regular subscribers o f
the C h r o n ic l e .
7 he General Quotations o f Stocks and Bonds, occupying six
pages o f the C h r o n ic l e , are published on the t h ir d S .t u r d n y o f each month.
E A R N IN G S .
Latest Earnings Reported.
Roads.
WeekorMo 1893-94. 1892-93.
Latest Earnings Reported.
WeekorMo 1893-94. 1892-93.
AND
R A IL R O A D
591
Jan. 1 to Latest Date.
1893-94.
1892-93.
8
$
I
28,277
Adirondack___ February .
14.304
14.248
28,305
57,131
Ala. Midland... ’January..
42,480
57,131!
42,488
307.137!
373.601
Allegheny Vai. February , 152.252 183.830
6,671!
Ark. Midlan rt.. . | anuarv. -.
J
0,971
8.1G0
8.160
Atoh.T.48. Fe. 3d wk Mch 564,718 666,562 6,500,067 7.910,518
Bt L. A San F, 3d wk Mob 143,725 100,079 1,572,830 1,838,489
Airsr. total... 3d wk Mch 708.443 826,041 8,072,903' 9,744.007
AtlantaAChar. December. | 01.278;
715.725
747.127
69,033
20,682
27,435
Austin & N'west December.
258.869!
305,417
B.AO.EastLlnes February . 1.075,510 1,336^364 2,30*4,283! 2,711,884
Western Lines February . 342,219 510,302
654.013
974,857
Total............ February . 1,417,729 1,840,660 2.958,8981 3,686,741
B*1.4 0.8ou'w.d ithwkMch
182.183
1.785
1.785
L821
Bath A Ham’nde ,1anuary..
1.821
3,474 [
Btr. A Atlantic., February
1,872
5,359
2,716
Brooklyn Elev.. ■UhwkMch
35.342
38,252
655,706
Bua.Roeh.APlti ilhwk Mch
64.694
88,416
722 728
Buffalo & Huiq February
15,367
Bur.C.Rap. A 5. 2d wk Mch
75.824
752,729
75,042
779.931
Camden A At!. January ..
39,540
37,516
39,540:
37,516
Canadian Pact he kthwKMch 433,000 514.00O 3,920.0071 4,364.368
25.251
Cte.Cum.OACn. November.
87,590
3.406
3,273
Car. Midland. . . February■
5.328
6,141
9.797
10,706
Central of N. J ,. February . 764,661 1.100,855 1,658,774 2,164.438
859,401
Central PaeiSo,. January... 859,801 944,060
944,060
Central ol a. C. November.
7,313!
88,589
86,642
8.475
Char.Cln.AChic. February .
23,400
27.359
12.904
25,390
CSrarlest’nASaT January...
67,112;
67.112
57,327
57,327
29,500
Char.Sum.Sc So February .
15,500!
22,000'
37,500
2,788
3,643
2.7*0
Chat'oua Lake.. January...
3,643
Cheraw.ADart . January.
9.421
8.421
8,724
8,724
Chee. A Ohio___ JthwkMeh 243,9981 291,855 2.159.407 2.381.585
Uhe*. O. A So. W. January...
172,285
Chic. Bur. A No February
260,520
309,079
120,371! 162.330
Chic. Bur. A O.. February
,427,892 2,982,236 5.064.972 6,034.528
Chic. A Ea*t. . ttbwkMcb
.iL ____ J®Sli
77.723,
95.913;
Chicago A Erie. February
160.174 225,891
84,371i
Chic. < lL West's! 3d wk Mch
J
81.021
Chlc.MIL A St. P,! tthwkMoh 882.953 980.620
Chle.AN’thw’ n., February 2,182,681 2,195,4881
O j39
J
33.310
0hlc.Peo.A8 L... itnwkMch
Chic. R k l.A P ., March
1,511,674 1.558,668
Chie.8t-P.M,A0 February
550,958 600,530
Chic. A W. Mich 3d wk Mch
38.796
30,801
4 .4 9 k
Cia. Ga. A Port* February
4,277
Cln. Jack A Mac. ilhwk Mch
23,248
18,43-8
Cin.N, O. AT. P February
280,000 319,8;
Ala. Gt. South. February
110,000 148,15
N. Orl. A N. E. February
97.000 120,9;
Ala. A Vlckab.j February
49,051
•
Vick*. 8h. A P. February
46,597
43.000
Brian** r SyatjFebruary
569,000 684,519
l,54i
Cln. North w'n.. Febroary
1,298
Cln. Porte. A V.,jFebniary
14,143
16.021
Col. A MaysT. February
675!
973
Clo7.AkronACo.i34l wk Mch
20,320
16,904
CL Ctn.Ch.A8.L.|:hl wk Mch 226.024 263
112.516! 125.323
Pco. A East's.'January..
8,132
8,197!
Col. Sewb. A l#.1
November.
CoL H. V. AToLMarcb.
219.506 276.323
OoLBbawseeAH February
56,685
39.176'
2.911
Com«a A Lake.. jFebruary
1.823
1,617
592
592
1,424
C r y s t a l ......... January...
Current River.. :id wk Mch
26.761
3.238
3,311
D ost, a Rio Or ithwk.Mch 152,200; 230,800 1 ,ISS.7M
28,236
Vm. M.Jio. A W. December
392,174
32,281
203,036
20,530'
Det-LanaVANo 3d wk Mch
22,233
DolutbS.S.AAU 3d wk Mch
270,530
27.376
40,457
10,189
Duluth a Winn., January...
10,189
10.528
HTcnn.Va.AGa 3d wk Mch
98.131 109,315 1,241.552
JEl*ln.Jo!.AEaat February,
1*4,157
89,980
71,430
Eorek a 8 orl ngm December,
.
7,175
80,827
7,697
10,322
Bvans A fnd’pit* ithwk Mch
70,786
9.728]
9.509
Evans. A Rich. 34 wk Feb.
8£12
|JM
280,100
33,729
Evan av. A T. H ithwk Mch
33.924
932,-449
f t t e h b u r g .. . . . . February . 417,737! 485,499
56,605{
Flint A P.Marrj. 3d wk Mch
567.629
63,310
125.391
Florence..
November.
12,573
4.-294
401,110
212,025! 145.101
Fl.Cent, A Panin;Febrttary
25,182
39,110
Ft. W, A Rto Or j February
19,129
1,030
754
483.
Had.*. A Au. U .. February
366.504
36,495
Georgia RR.___ithwk Mch
39.582
133,079
43,902
65,234
Ga. CaFla A No .February
160,614
69,902)
77,256
Moo. So. A F la... |
February
37.135
Georget'n A W’u] November.
3,615
2,879'
4* ,981
380.618
Gr. Rap. Alnd. lJd wk Mch
38.178!
78,262
10,785
Cln. R-A Ft. w. 3d wk Mch
7,608
11,4971
Traverse City-!34 wk Mch
806
1.188
18,658!
2.228
Mas. fj. K. A I 34 wk Mch
3.188
48,820!
64,122!
489,055
Total all line#. 3d wk Mch
Grand Trunk... . Wk Mar. 31 329.189 401.050 4,122,865
580,785
78,497]
Chic. A Gr.Tr. W'k Mar. 17 j 62,421
19,951]
184,5401
19,982
Det.Gr. H.A M w k Mar. 17 !
20,020
2,196!
1,968
Gr. P.Wal. A Br November 1
I Jan. 1 to Latest Date*
1893-94.
1892-93,
1
Great North’ri
S
$
ot- P. M. & M. February. 658,106 749,505 1,330,400 1,618,237
East, of Minn February.
62,326
66,880
126,192
168,318
Montana Cent February. 117,389
84,255
218,356
181,240
Tot. systeoi- February. 837,821 900,640 1,674,948 1,967,795
Gnlf A Chicago. February .
4,160
4,054
7,675)
7,412
Hartsville........
965
1,032
9,582!
10,383
Hoo8.Tun.AWil. February.
2,243
2,277.
4,430,
4,904
Hous. BJ.AW.Tex February. i 29,710
75,177,
36,60S1
75,763
Humest'nAShen February . • 10,000
12,334!
20,500
25,244
Illinois Central February . 1,427,119 1,452,194] 2,913,155! 2,993,789
27,801i
Ind.Deo.tfc West. February .
33,663
54,248
80,187
In, A G t Norths ithwk Mch
78,818! 108,465
56,928 1,079.128
Jlnteroc. (Mex.) WkMar.17
52.3
513,270
45,503
476,135
Iowa Central. . 3d wk Mch'
35,712
42,246
411,745
409,486
Iron Railway. February .1
2,940
3,696
7,457
5,565
Jack. T. A K. W February .1 102,175 109,029
197,80
205,729
Kanawha AMicb Ithwk Mch'
9.602
9,014
79,510
76,674
Kan C. Cl. ASp. 3d wk Mch
5,301
6.384
61,170
61,116
K.C.F.S.&Mem 3d wk Mch
76.957
89,896
843,446 1,089.854
K.C.Mem.ABir 3d wk Mch
20,055
14,813
250,511
276,8S7
K. C. Pitts. A G. 3d wk Mch
6,229
1,755
55,95’
19,653
Kan.c. Sub.Beli 3d wk Mch
3,531
3,973
39,571
41,933
K. C.Wat. A Gulf December
17,000
Kan.C.Wy.AN W 3d wk Mch
6 ,2 1 0
'*7,165
78,998
75,424
Kan.C.ABeat. 3d wk Mch
199
326
2,812
3,392
Keokuk A West. 3d wk Mch
7.211
6.797
80.893
86,343
7.091
L. Erie All. A So. February .
5,422
9.817
15,059108,144
L. Erie A West.. -Ithwk Mcli
88.6 66
738.71“
895.781
Lehigh A Hud.. February .
28,280
61,630
38,270
83,950
Lon* Island---- M arch..... 275,063 270,836
27,161
Louis.A Mo.Rlv* December.
38.556
478,979
420.141
Louis.Ev.ASt.L. February . 106.998 142,832
222,203
293,047
Louisv.ANasbv. 4thwk Mch 550.230 617,854 4,790,617 5,567,751
94.725
Louis.N.A.ACh. 4th wk Mch
76,954
573,56"“
701,374
Lou.8tL.ATex. February .
44.657
27,536
54,917
95.328
Louisv. South .. 3d wk Mch
12,653
136,214
11.003
157,648
Macon A Birin.. February .
7.309
15.186
14,051
7,409
ManehcsAAu*. November.
1.092
13,625
1,449
12,586
Manistique___ _ February .
9.173
3,004
23,737
MeuiphlsACha*. 3d wk Mch
28.379
283,505
19.683
370.761
IMexican Cent. lthwkMch 206.326 242.567 2,119,035 1,934,868
Mexican Inter’l February
359,634
180,643 165.8(19
377,917
tMex. National. ithwk Mch
99,661 132,845 1,010,148 1,115,568
Mex. Northern . December
957.142
63,420
IMexican R’ way WkMar.17
62.500
689,697
061.210
56,153
Mineral Ranee. 4th wk Jan
7,169
22,514
23,539
?*653
Mlnneap.AStL. March
388,444
413,444
160,113
140 .75 6
M. 8tP . A8.8.M 1st
45.542
240.623
43,379
Feb
281,319
Mo.Kan.ATex.. ithwk Mch 272.276 230,550 2,095,559 2,047,099
Mo.Pac.AlrouM ithwk Mch 711.000 855,000 5,492,534 6.674,884
Mobile A Birtu. 3d wk Mch
62.406
68,324
4*929
4*640
Mobile A Ohio.. March....... 282,081 286,129
836,022
866,557
Mont.AMex.ULI February .
190,000
177,408
85,538
90,000
Nash.Ch.A St,L. February . 357,511 402.801
769,286
836,263
Nevada Central January..
3.824
2,827
3,824
2.827
N. Jersey AN Y. December.
323,341
25,045
25.005
331.408
NewOrLASo'n.. 2d wk Mch
2,351
24,41
29,104
2,528
N.Y.C.AH.R— February . 3,003,991 3,285,052 6,175,088 6,711,390
N. Y. L. E A W February 1,547,357 2.100,482 3,295,991 4,295,344
N. Y.Pa-AOhio.. January... 404,390 524,624
40-1,390
524,624
N. Y.AN E d* . . December.
0,019.208 6,220,493
N. Y A North's. February
83.035*
39,527
N. Y. Ont. Att .(ithwk Mch
769.227
823,480
94.709
N.Y 8u»q. A v
v February . 105,904
218,990
231,‘ 07
2
54,911
66.720
Norf. A South’ n (February
30,258
2,231,621 2,295,191
Norfolk A West j ithwk Mch 174,35(
559,527
557,885
N'theaM'n (8.Co November.
45,222
835,640 1,059,131
North’n Central. February . 398,570
2,953.697 4,204,655
North'n Pad Do March
1,114.122
2,324
6,114
Oconee A West [February
3,195
159,390
134.273
Ohio River........ [lid wk Mch
16,297
133.430
180,851
6.500
Ohio Southern* :m wk Mch
55,664
34,324
Omaha A St. L .. January.
34,324
514,151
2 6 1 ,4 2 l
Oregon imp. Co. February
106,905
Pad.Tenn.AAla October.
18,630
S&ES
179.716
155.676
Penn. Mid I'd. [October...
16,852
8,162,150 10,050,284
Pennsylvania... February 4,002.320
158.215
138.290
PeonaDec.ARv istwk Mch
15.939
84,298
85,851
Petersburg........ February 42,589
643,977
474.626
Phila. A Erie-.. |
February , 239,640
2,073,913 3,137,128
Phlla.A Read'* . February .
■
3.004,452 3,801,620
Coal A Ir. Co.., February 1.480,070
5,739,365 6.938,748
Total both Cot,;February . 2,759,888
0,381
5,358
PUta.Mar.ACii. February .
52,077
50,734
21.506
Pltt.8beu.AhE. February
304,355
116,396
Plttsb. A West March.......
178,540
fllS i
PUts.Cl.AToi. March.......
61407
49,769
57,055
21,240
Pttts. Pa. A F, ManNi — .
532,604
488.954
69,450
Total system.. lthwkMch
150,361
106.677
52.840
Pitt.Younr.AA February.
30,416
28,680
Pt. Rovai A Au*. J anuary
31?;^? 200,705
45,127
Pt.Roy.AW .Car. INovm» i>cr.
33,446
38,069
15,377
Quincy 0 .4 K.C. February ,
2,100,149 2,200,775
Etch'd A Danv. ithwk Mch 158.600
518,210
507,116
34,661
Georgia Pac.. Ithwk Mch
177,900
176.626
12,250
Chare. A Aug. ithwk Mch
169,330
173,259
10,004
Col. A Green v. lthwk Mch
59.087
56.407
56,407
Rlch.FFksb.AP. January.
4,244
5,597
5,597
R.
Nlc’Uv.lr A B Jarman .
53,475
52,024
25,150
Rich. A Petersb. February .
140,450
71,738
6,027
Rio Gr. South'n. 3d wk Mch
404,917
300,800
I
Rio Gr.West'n.. 3d wk Mch
16.676
10,819
9,464
Sag.TuecoiaAH. February 7,099
0,101
6,151
Sag.Val. A St. L. January...
348.388
301,477
26,190
St. L, A. A T. H. 3d wk Mch
5,157
5,208
2,168
8t-L.Ken'etASo. February .
1,059,079 1.300,308
BLL.8outhw'rn. 4thwk > ch 104.600
1
244,066
175,502
85.403
St. Paul ADuPth February .
1,881,551 1,669,443
San Ant. A A.P. December. 167.859
143,418
122,224
12,221
S. Fran.AN.Pac. 3d wk Mch
93,240
74.864
3 1.557
8av. Am. A Mon. February .
272,143
319,198
Sav.Fla, A West, January. - „ 319,198
60,509
70,949
4,067
Sher.Shrev.A S«i 3d wk Mch
6,073
3,352
3,352
SUvertou.............Ianuary...
20,254
26,611
26,611
Bloux City A No. [January...
So. Pacihc C o .-!
366,474
339,725
GaLHar.AS.A January... 339,725 366.474
110,427
92.158
Louls'aWT
est.. January...
92,158 110,427
522,423
527,933
Morgan’s LAT.J anuary— 527,933 522,423
18,765
17,976
H.Y.T. A Mex. January..
17,976
18,765
159,782
141,883
Tex. A N.OrS !January...! 141,883 159,782
Atlantic sys.5.1 January... 1,139,401 1,193,815 1,139.401 1,103,815
Paciiio system January... 2,261,328 2,600,789 2,261.328 2,600,739
Total of all.. [January.. . [3,400,729 3,794,604 3,400,729 3,794,604
801,175
742,511
742,54l| SO I,!?3
THE CHRONICLE.
592
Latest Earnings Reported.
R oads.
Week or Mo 1893-94.
1892-93.
$
•So. Pac. Co.-Com
A rizona D iv .. January... 163,395 187,411
70.042
S6.099
NewMexJOiv. January...
South Carolina. February. 125,600 155,829
1,491
859
gouth&Nor.Car. November.
11,994
12,707
Spar. Un. &Col. December.
53,353
49,975
Staten Isl. R. T. February.
1,395
1,180
StonyCl.&CMt.. January...
62.026 117,452
Summit Branch. February.
85,916
42,979
February .
Lykena Valley
Tot’l both Co’e February . 105,005 203,368
Texas < Pacific. 4th wk Mch 170,430 193,557
fc
4,221
2,97]
Tex.S.Val&N.W February .
88,542
78,000
Xol.A.A.&No.M. February.
56,518
42,311
Tol.&Ohio Cent. HhwkMch
19,824
17,964
Tol. P. & West.. 3d wk Mch
50.653
48,900
Tol.St. L.&K.C. 4thwk Mch
21,832
23,815
January...
Ulster < Del___ I
fe
Union Paoific—
January... 1,030.358 1,404,791
Un. Pac. RR . |
343,846 433,152
Or.B.L. ifeU.N January...
Or.Ry.&N.Co January... 226,970 288,088
U. Pao.D.&G. January... 218,446 357,599
90,446 127,545
Ft W’th <feD.C. January...
97,960
67,952
St.Jos.&Gd.Is. January...
18,007
10,784
January...
Kan.C.&Om. •
28,736
Tot.3t.J.<&G.I. 4th wk Mch
22,481
46,741
34,790
Cent.Br.......... January...
Ach.Col.&P. '( January...
57,403
29,598
Aeh. J.C.«fe W 5
36,744
25,898
Montana Un.. January...
3,568
3,406
Man.Al.&Bur. January...
Gr’d total Xc January... 2,272,641 3,161,993
Vermont Valley December.
Wabash.............. 4th wk Mch 342,000 376,606
8,194
9,666
Wab. Ches. & W. October...
94,162;
91,856
West Jersey....... January...
80,833'
70,542
W.V.Cen.A Pitts February.
18,703
25,511
West Va.<fe Pitts. January..
79,034!
65,237
West. Maryland. February.
79,600 104,900!
West. N.Y. &Pa, 4th wk Mch
38,646'
35,830
Wheel. & L. Erie 4thwk Mch
1,904
2,992
Wil.Chad.&Con, November.
72,136
61,745
Wil. Col. & Aug. November.
7.419
6.624
Wrightsv.&Ten. February .
Jan. 1 to Latest Dale.
1893-94. ! 1892-93.
$
187,411
163,3951
88.699
70,042
287,711
228,525
15,751
19,287
118.483
122,160,
113,351
105,772
1.395
1,180
219.883
136.512
168,005
108,862
3H7.888
245,374
1,564,875 1,789,095
9,894
6.911
178,239
152,766
516,676
344,165
215,651
194,902
439,161
306,363
21,832
23,815
1,030,358
343,846
226,970
218,448
90,446
67,952
10,784
240,367
34,790
29,598
25,898
3,406
2,272.641'
188,543
2,776,168.
80,60l[
91,856
142,342
25,511!
137,991
659,587|
277,173
22.593,
583,122
14,444’
[V o l.
Lvm ,
For the month of March 52 roads (all that have furnished
statements as yet) show aggregate results as follows:
Month of March.
1894.
1893.
Decrease.
%
$
Gross earnings (52 roads) 23.229.177 26,713,748
$
3,484,571
Per Cent.
1304
It will be seen there is a loss on the roads reporting in the
amount of $3,484,571, or 13’04 per cent.
The following will furnish a comparison of the weekly re
sults for a series of weeks past.
WEEKLY GROSS EARNINGS.
---------Changes------Period and 71 umber of j'oads 1893.
1892.
Amount.
included.
$
$
$
P. ct.
1st week of Sept. (73 roads) 6,659,418 7,77.8,021 del,118,606 14*38
2d week of Sept. (74 roads) 6,99o,9l4 7,896,209 dec.90 ),295 11*4 9
3d week of Sept. (75 road?) 7,335,798 8,184,311 dec.848,546 10*37
1,404,791 4th week of Sept. (72 roads) 9.6 46,153 10,800,585 d e l,154,432 10*69
433,152 1st week of Oct. (70 roads) 7,433,392 7,951,243 dec.517.85L
6*51
2SS,088 2d week of Oct. (69 roads) 7,757,377 8,160,023 dec.402,616
4 94
357,599 3d week of Oct. (67 roads) 8,151,143 8,104,7 iG iuc 48,697
0 53
127,545 4th week of Oct. (63 roads) 10.746,932 11,123,13 ) deo.376,198
3*38
97,960 1st week of Nov. (65 roads) 7,386,723 7,756,087 dec.369,364
4*77
18,007 2d week of Nov. (73 roads) 7,839,639 8,002,539 dec.162,950
2*03
329,886 3d week of Nov. (74 roads) 7,668,323 8,224,545 dec.55(5,222
6*76
46,741 4th week of Nov. (74 roads) 9,199,617 10,533,870 d el,061,223 10*07
57,403 1st week of Deo. (69 roads) 6,786,531 7,805,753 del,019.227 13 06
2d week of Dec. (73 roads) 6,887,5*29 7,804.281 dec.916.752 11*75
36,744 3d week of Dec. (66 roads) 6,657,855 7,541,399 deo.883,514 11*71
3,568 4th week of Dec. (71 roads) 8,565,543 10,303,716 d el,733,173 16*87
3,161,993
1894.
1893.
202,738 1st week of Jan. (70 roads) 5,469,160 6,380,107 dec.910,947 14*23
3,218,863 2d week of Jan. (72 roa is) 5,809,388 6,435,466 dec.676,078 10*42
64,896 3d week of Jan. (68 roads) 5,833,371 6,362,076 dec 523,705
8*31
94,162 4th week of Jan. (68 roads) 7,546,336 8,969,717 del.423,331 15*87
150,6^2 1st week of Feb. (74 roads) 5,755,621 6,426,216 dec.670,595 10*44
18,703 2d week of Feb. (73 roads) 5,729,517 6,710,789 dec.98 (.272 14*62
158,390 3d week of Feb. (76 roads) 5,950,781 6,957,055 d el,006,*274 14*47
H54.459 4th week of Feb. (75 roads) 6,103,802 7.<»62,363 dec.958,561 13*57
329,72 2 1st week of Mch. (77 roads) 6,151,084 6.991,36L dec.340,277 12*02
25,926 2d week of Mch. (78 roads 1 6,339,355 7,167,445 dec.823,090 11*55
724,350 3d week of Mch. (78 roads) 6,434,478 7,419,391 dec 934,913 13*28
13,077 4th week of Mch. (38 roads) 6,033,510 6,993,526 dec.960,016 13*73
weeks of
* During greater part of February and first and second
March no coal moving in 1894 on aeoouut of miners’ strike,
t Includes Milwaukee <eNorthern for all x>eriods.
t
XFigures given do not include Leavenworth Topeka & Southwestern.
a Figures cover only that part of mileage located in Soutn Carolina
b Includes earnings from ferries, etc., aot given separately, t Mexi
can currency, c Includes only half of lines In which Union Pacific has
a half interest, d Includes Ohio & Mississippi in both years.
Net Earnings Monthly to Latest Dates.—The table fo l
lowing shows the net earnings reported this week. A full
detailed statement, including all roads from which monthly
returns can be obtained, is given once a month in these
columns, and the latest statement of this kind will be found
in the Chronicle of March 24, 1894. The next will appear in
Latest Gross Earnings by Weeks.—
-The latest weekly the issue o f April 21.
Gross Earnings.-----•-------yet Earnings.------v
earnings in the foregoing are separately summed up as
1894.
1893.
1894.
1893.
follows:
Roads—
$
$
$
$
For the fourth week of March our statement covers 3S roads, Col. H. V. & T ol.b...Jan. 186,589
115,750
278,427
69,820
^and shows 18'73 per cent loss in the aggregate.
482,146
Den. & R. Grande.b.Feb.
138.432
271.068
670,278
4 th week of March.
Balt. & Ohio Southwest.
Brooklyn Elevated..........
Buffalo Roch. & Pittab’g.
Canadian Pacific............
Chesapeake & Ohio.........
Chicago < East. Illinois.
fc
Chicago Milw. & St. Paul.
Chic. Peoria &_St. Louis.
Oin. Jackson & Mackinasv
Denver < Rio Grande...
fe
Evansv. & Indianapolis.
Evansv. & Terre Haute..
■Georgia..............................
Grand Trunk of Canada*.
Intern’l & Gt. North’n
Kanawha & Michigan___
Bake Erie & Western___
Louisville & Nashville...
Louisville N. A. & Chic..
Mexican Central.............
Mexican National............
Mo. Kansas & Texas.......
Mo. Pacific & Iron Mt___
N. Y. On tario & Western
Norfolk & Western..........
Pittsburg & Western......
Richmond & Danville...
Georgia Pacific_______
Char. Col. & Aug..........
Columbia & Greenv...
8t. Joseph & Gd. Island..
8t. Louis Southwestern..
Texas & Pacific...............
Toledo < Ohio Central. ..
fc
Toledo St. L. & Kan.City.
Wabash..............................
Western N. Y. & P en n ...
Wheeling & Lake Erie..
Total <33 roads)........... .
Net decrease (13*73 p.0.)
1894.
1893.
$
177,980
35,342
84,694
433,000
243,948
7 7,/ 23
862,953
26,539
18.438
152,200
9,728
33,924
36,495
346,831
78,818
9.602
88,666
550,230
76,954
206,326
99,661
272,226
711,000
94,709
174,356
69.450
158,600
34,661
12,250
10,004
22.481
104,600
170,430
42,311
48,900
342,000
79,600
35,830
$
182.183
38,252
88,416
511,000
291,855
95,913
98<>,626
33,310
23,248
230.800
10.322
33,729
39,582
385,591
108,465
9,014
108,144
617,854
94,725
242,567
132,845
230,550
855,000
122,208
201,663
74,734
190,540
37,560
9,870
13,350
23,736
153,800
193,557
56,518
50,653
370,000
104,900
38,646
6,033,510
6,993,526
Increase.
$
195
58 8
41,676
2,330
Decree se.
$
4,203
2,910
3,722
81,000
47,857
13,190
117,673
6,771
4.810
78,600
594
3,087
38,760
29,647
19,478
67,624
17,771
38,241
33,184
144,000
27,499
27,307
5.284
31,940
2,899
3,346
6,255
49,000
23,127
14,207
1,753
28,000
25,300
2,816
44,839
Our final statement of earnings for the third week of
March covers 78 roads and shows a loss of 13 28 p~r cent.
Previously rep’d (72 r’ds)
Interoceanic (Mex.)*___
Kan. City Pittsb. & Gulf.
.
Kan. Citv Sub. B e lt .......
Memphis & Charleston..
Ohio River.........................
Can Frau. & No. Racittc.
Total (78 roads)............
Net decrease (13'28 p.o.).
1894.
1893.
$
6,324,140
52,377
6,229
3,531
19,683
16,297
12,221
$
7,313,703
45,508
1,755
3,973
28,379
16,216
9.852
6,434,478
7,419,391
* For week ended March 17.
Increase.
19,556
6.869
4,474
SI
2,369
33,349
1,418,894
3 35,2 :>2
590,279
6,428,106 1,746,726 2,847,622
69,429
203,125
17,99.7
63,684
433,416
104,887
*28,050
*31,607
130,046
403,024 *112,086
* LOO,736
1,216,560
*452,202
*380,368
596,452
709.154
1,8 L7,563
3,675.237 1,204,226 1 ,39(Jf775
15,360,166 5, L33,802 5,903,097
193,321
601,771
240,794
1,236,430
485,361
353,588
165,809
44,633
84,298
120,104
377,917
163,396
126,375
37,660
49,159
74,754
253,331
92,218
1,363,121
519,054
487,445
24,469
248.215
35,459
48,921
514,151
71,556
93,602
815,796
93,109
67.517
322,573
60,264
100,737
643,977
87,064
a Net earnings here given are after deducting taxes,
b Net earnings here given are before deducting taxes.
* Including other income, net from Jan. L to Mar. 31 was $142,516,
against $131,166, and for nine months to Mar. 31 $514,003, against
$472,174.
Month of
Aug. 16, ’93,
NORTHERN PACIFIC—
January. to jan. 31,’94.
$8,207,657
................. $862,099
Gross earnings..................................
4,741,470
062,603
Operating expenses..........................................
Decreust
$
1,009,124
442
8,696
1,018,262
984,913
$199,496
$3,466,187
308,185
$226,053
448,797
$3,774,372
2,646,201
def.$222,744
1,001,855
960,016
* For week ended March 24.
3d week of March.
Jan. 1 to Feb. 28___ 1,012,754
July 1 to Feb. 2 8 ___ 4,436,230
208,812
Flint & Pere Mar. a . . Feb.
385,950
Jan. 1 to Feb. 2 8 ___
121,293
Georgia............. . a . . .Mar.
366,504
Jan. 1 to Mar. 31___
July 1 to Mar. 3 1 ___ 1,119,5 26
Louisv. & Nash v .b .. Feb. 1,431,127
Jan. 1 to Feb. 23---- 3,135,737
July 1 to Feb. 28 — 12,891,660
Mexican Central— Feb.
689,188
Jan. 1 to Feb. 28___ 1,406,402
1-0,643
Mex. International.. Feb.
359,634
Jan. 1 to Feb. 28___
125,223
Minn. & St. Louis.a. .Feb.
247.686
Jan. 1 to Feb. 28___
July 1 to Feb. 28 . . . 1,173,243
261,424
Oregon Imp. Co.a....Feb.
542,874
Jan. 1 to Feb. 2 8 ___
823,851
Dec. 1 to Feb. 2 8 ....
Philadelphia & Erie. Feb.
239,640
474,626
Jan. 1 to Feb. 23-----
$1,128,171
2,657,360
Net earnings.................................................
Miscellaneous moome................
Charges accrued.............................. .................
Charges unpaid..................................
def.$699,938 def.$l,529,189
Note. —Above figures do not include results on lines in hands of
branch receivers. In January these Hues failed to earn operating
expenses by $32,472: for period of receivership from August 16,1893,
to January 31, 1*94, they show earnings in excess of operating
expenses of $34,465.
Interest Charges anil Surplus.—The following roads, in
addition to their gross and net earnings given in the foregoing,
also report charges for interest, &c., with the surplus or deficit
above or below those charges.
r-lnter’t, rentals, die.-, r-Bal. of Net Earns.-.
1894.
1893.
1894.
1893.
Hoads.
$
$
$
$
Denver & Rio Gi’de.Feb.
202,373
218,786 d ef.l3.9U
53,282
July 1 to FeD. 2 8 .. .. 1,616,482 1,746,608
130,244 1.101,014
Flint & Pere Marq..Feb.
52,012
51,050
17,417 def.33,153
Jan, 1 to Feb. 2 8 ....
104,024
101,387
863 def.32,703
THE CHROIS'ICLK
A pril 7. 18b4.)
593
E A E lftH G S , EX PE N SES AN D CH ABG E8.
ANNUAL
Warnings—
Passengers......................................................
Freight.................... ........................................
Miscellaneous..........................................
.
Mexican International Railroad.
(F o r the y ttr ending December SI, 1893. J
1892.
$181,378
1,836,959
77,389
1893.
$219,624
1,743,140
88,169
Total.............................................................. $2,095,726
1,328,911
OperatiUK expenses......................................
REPORTS.
$2,050,933
1,301,394
The annual report of President C. P. Huntington shows
that this company now owns the following miles of railroad ;
S et earnings..............................................
Exeh, on pur. in cr. 9. currency and oth
er items.........................................................
$766,815
63,621
93,262
M iiu Line, Ciudad Porfirio Diaz to D urango......................510-44 mites.
Brandies, Sabina* to H on do.......................................... ......... 12-13 •
*
H ornes to San P ed ro................................................ 11*35 1
1
Pedrieena to Velardena...........................................
5-82 “
Total (Mex. currency)...............................
Income—
Total net <tl. 8. currency)........................
$830,436
$342,801
$553,624
12,28s
$561,867
64,651
573 04 miles.
The lines are reported as well situated, both with reference
to development and physical location, and the gradients do
not exceed one per cent, which enables the company to
handle a large tonnage at a minimum of expense. All the
important bridges are of iron, resting on masonry.
The report says that the income account is subject to a
deduction of $34 201, being the difference between the value
estimated for the silver dollar at 66 2-3 cents and 61-62 cents
actually realized on remittances made during the year.
For
convenience in converting accounts, the rates of exchange has
been arbitrarily fixed at 150, or 66 2-3 cents for the dollar, and
the difference Between it and the amount actually realized
has been charged off to income account for the year.
‘ T t is of interest to observe that with the exceptional com
mercial and financial depression which began to manifest it
self in the month of July, and continued throughout the re
mainder of the year, the transportation earnings have been
only $44,793 less than they were for the year 1893. There
was a gain in the earnings during the first six months of
the year, of 1208,056, or 24 15 per cent, but in the last six
months of the year the effect of the financial depression
was reflected in a diminution of $23:2,848 90, or 20-48 per
coot." * *
‘ T h e increase of 844,410, or 22-70 per cent, in earnings from
passenger trains resulted in the main from the Operation of
the road to Durango, which was not opened for its whole
length to the public for business until October, 1893, and to
the same source is attributable this increase of 83-83 o r cent
it the miles run by passenger trains.
A considerable part of
the in m a te in revenue is, however, derived from the
growing use by the people of
the facilities of the
road.
It is a feature worthy of note in this connec
tion: that over 86 per cent of the passenger earnings arose
from
local travel.
« * *
T o t a l . . , . . . . . . * . . - . . ..... . ............... .
Deduct—
Custom House department. Here it is found that of -1,510
car-load* of all classes of shipments, valued at $2,536,333, im
ported into M 'Xtco during the year. 3,535 car-loads, of the
valuation of $1,735,142, crossed the frontier during the first
half of the year, and but 955 car-load* valued
at $741.-
391 crossed after the fall in silver, the effect* of which
seriously
*210,152
$355,75 4
§577,4=77
§49,041
1803.
$30,975,000
184,557
38,980
113,750
33,000
148,810
515,312
6,056
Total asset*............................................ ...$32,028,172
Liabilities—
First uiottscace bonds .................................?14,ooo,oco
Capital stock................................................. 16,675,000
Unadjusted accounts....................................
107,598
Interest accoun t....... ...........
186,666
758,907
lucomeaooount................... : ........................
$32,020,441
Total liabilities.................................. .....$ 3 2 ,0 2 9 ,1 7 2
$32,020,441
14,000,000
16,975,000
f>2,000
186,666
806,774
Canadian Pacific Railway.
(F o r the yectr ending December SI, 1893.)
The report of PresuiWt Van Horne of this company will be
found at length on another page, accompanied by the income
account and balance sheet. The pamphlet was’ received too
late for any comments this week, but will probably be ana
lyzed in tlw editorial columns of the C h r o .n tcle of April 14.
The comparative statement o f operations, earnings and
charges for four years has been compiled for the Chrosicle
as follow*:
OPSIUTIOXS AND FISCAL RBSCLTM.
the extent of this falling off in the general business o f the
country inn be given than is afforded by the records of our
first most
$626,513
$560,000
17,177
GENERAL BALANCE DECEMBER 31.
Assets—
1892.
Cost o f road.....................................................$30,975,000
167,000
Cods true don, &e..........................................
Equipment ....................................................
55,682
Stock owned.........................................................................
Keni estate..... ................................................
41,187
C a s h ....... ........................
285.049
b u s,182
Due by office InM exico.................................
M iscellaneous................................................
.............
“ Freight earnings show a decrease of $93,819, or 5 10 per
seat, as compared with 1893.
To th : general paralysis in all M le .o p .n . - 31.
<
branches of nosioesi iu Mexico, as elsewhere, which occurred
(jprrSltiOHS—
in Jane, this decrease U mainly due. S o better evidence of Pmm m t'il S o
were
$365,906
•$186,667
23,-195
Miscellaneous.................................................
T ota l........ ....................................................
Balance,surplus. . . . . . . . . . . . . . ---- . . . . . . . .
Sept. 1, 1892, to Jan. 1,1 893 .
$749,539
felt
June and beginning of July.
during
the
last
dxv*
Total iftam’grs.
Espen$gjf—
jjowflr.
results of this universal business depression, the revenue of Motive of r a n ..
'U lo t.
the road wait materially affected by the falling off in impor Tntnsporfetrii..
tation* of com into Mexico for the relief of the sufferers from
the famine ariritiv from the tong prevailing drought of 1893.
Total ©sjwmii.
In that year 2.771 car-load* of corn were hauled from the
United Stater to psint* in Mexico, principitly beyond the ter S e t « anting*. .
of revenue. A* conditions improved, this traffic gradually
fell eff, until in August it ceased entirely, and the wants of
the country have since been wholly supplied from native
5,766
1892.
0,013
1898.
0,327
2,792,^05
3.105.507
3,2*8.70<*
3,311.2*7
Pn#».
. 274, *40.384 32O.(iA0,a#6 328,833.847 334,307,590
Bat# p.p3>4,p iu.
1 '74 ©t*.
w o ctu.
1 -69 er*
1*69 ota.
3. 46,710
3*rr*.564
4,*230,670
4.228.959
F rV u t’ aso oar'd
Fr"!t’t(f»»in t‘e*J -2 18,014.731 1391 704.496 1582,551.352 1153.367.263
Kate p tou p.m. 0 *4 eit.
0 91 CM.
O d ie t s .
0 37 eta.
$
E im tnff*—
$
$
$
5.4 M
>,784
5,050,205
i'A-w*U*er . . —
4,771.71 4
5,531,310
12,085.540
Freight.. . . ......, 10,10*5.64 4
13.330.510
12,673.075
Math e x p , etc..
2.115.706
9,522,495
1,674.171
2,033,037
But apart from the 'SVtiLdfWiif etc.
ritory tributary to this road— from which traffic, a revenue of
$341,538 34 was derived, while in 1393 but 1.228 car-load* of
flora: from the United State* were hauled, yielding $175.11*2 46
imx.
1890.
2J6*
P .c.op.cx-io ©a.
S et mr®toil*..,
Int,oo<lsji, t#t©.
16,552,529
20.241,095
21,400,331
20,962,317
2.069,859
3,645,.* 1 4
.5T4,3 trt
2,576.726
1,411,883
2,319.8*5
•1.217,975
701,440
3.0*2,470
1.7V, ,7 14
2,570,255
•1,298,539
«50,O**8
3,324.758
1.833,414
2.808.877
4,310,480
831.190
3, * .*7,513
1,837,027
12,231,43d
8.009,659
60’43.
12,909.004
8,420,317
00*07.
13,220,001
7,741,415
01*07
1092.
$
8,120.317
*203,603
1893.
$
7,741,410
209,863
10*252,8281
0,299,701
61-91,
m e mm AccotjpfT.
1091.
*
8.009.659
1890,
fi
6,299,701
0,009,859
Total..............
8.623.950
7,951,279
coni, of which 450 car-loads were hauled in the yew ."
*
*
6,299.701
5,102,018
4,60 4,493
5,338,597
4,246,618
“ A t Ciudad For forio Diaz, connection is made with the Fixed ehsKgia.
railroad system of the Southern Pacific Company and to all
S urplus........
3.521,932
2,053,083
3,315,160
2,612,682
points in the United State*. A t Trevino, connection is made Supl'm 'r dlv'ds
1,300,000
1,300,000
1,300,000
‘ 2,275,000
with the Monterey & Mexican Ottlf Railroad, making the
2,221,932
2,045,100
337,692
B alance.........
753,083
only standard gauge all-rail route to Monterey, the leading
smelting-point in Me:
nd a large industrial centre ; and
•Supplementary dividend o f l p. o. and regular dividend o f 2«* p. «.
[through this connection is
ured the most direct all-rail line
Panama Railroad.
t o Tampico, at present the ■ tly advantageous harbor on the
•ioif coast of .Mexico, A t V nterey, also, connection » made
(F o r the year ending December 31, tSOS.J
wish the Mexican Nation*. fnarrow gauge! Railroad, from
The annual report says that “ the contract between the
Laredo to the C ity of Mexico.
“ A t Torreon, connection is mad* with the Mexican Cen Panama Railroad Company and the Paciflo Mail Steamship
rai Railway, running from K IT r» to t to City of Mexico, Company, beginning February 1, 1878, dime to an end, by
•m i with its several branch lino*, Dawn go is the centre of the terms thereof, on February 1,1803, and this company has
industrial and mining enterprises f< a s try largo aroa, mid not since made any arrangement with the Pacific Mail Steam
or
> < of the largest and richest mining districts it the Republic ship Company for through freight between United States At
n!
sbitanfa, and lantic and Pacific ports. From that period until June 13 of
> Mexico. This city contains ah up. 19,0
f
it an, on the the same year, the Pacific Mali Steamship Company operated
controls a large traffic from the pc rt of
pacific, and is the ravin point of dn'
atioa to and from ail a line of steamers in competition with the ‘ Columbian Line*
-he region lying upon the Western sit oa of the Sierra Madre o f steamers chartered by th® Panama Railroad Company beA t that date, the railroad
(fountains. This company's lino is h • only means of rail- tween New York and Colon.
•tad communication batwoen Duran, » and oilier parts of the company chartered the three steamers constituting the Paej*
fio Mail Line, then running on the Atlantic, with the condi
iepublic."
Earnings, expenses and charges for two yeare have been
’oliows ;
tion that during the term of the charters the Pacific Mail
Steamship Company should abstain from operating any yea-
THE CHRONICLE.
594
sel9 between United States Atlantic ports and the eastern
terminals of trans-Continental routes. In March of the same
year, the Panama Railroad Company entered into a contract
with a corporation styled The North American Navigation
Company, terminable May 1, 1894, for the portion of the
route on the Pacific between Panama and San Francisco,
granting to that company the right to issue through bills of
lading for all goods from United States ports on the Pacific
to those on the Atlantic. The effect of the changes cited
above was a general lowering of rates of freight, as well as
of those between New York and San Francisco.
“ The year 1893 has been a trying year generally to lines of
transportation. The unsettled state of the finances and the
diminished volume of trade caused a general loss of revenues.
The year was abnormal, unfavorable to the Panama Railroad
from the temporary loss of profitable alliances, the cutting of
rates and the diminished amount of business; but it will be
found that the earnings of the railroad were fully equal to
meet all expenditures and fixed charges pertaining to it. In
this report we have not included the result of the opera'ions
of the Columbian Line during a portion of the current year,
inasmuch as the conditions under which the said line was
operated do not furnish a proper basis for an estimate of its
earning capacity. The advances made in the operation of this
line are therefore held in open account, and appear as
such in the condensed balance-sheet.”
The earnings and income account have teen compiled for the
Chronicle as follows:
EARNINGS AND EXPENSES.
1892.
1891.
Earnings—
$
$
104,207
115,579
Passengers.......................
114,198
Freight and treasure....... .1,468,597 1,418,218 1,304,821
26,962
26,4 67
27,242
Mail, express, e t c ............
1890.
1893.
$
72,904
939,516
34,590
Total gross earnings. 1,609.652 1,531,0*9 1,435,990 1,047,010
948,354
916,761
Op. expenses and taxes.. .1,027,316
974,768
582,336
586,271
INCOME ACCOUNT.
1890.
1891.
Receipts—
$
$
582,336
586,271
Net earnings......................
375,963
Other reoeipts................... 340,164
Net earnings................
Total income..............
Disbursements—
Interest on debt.................
Subsidy bonds redeemed.
Subsidies................. ..........
487,636
130,249
1892.
S
B
487,636
332,752
1893.
$
130,249
367,114-
922,500
962,234
820,388
497,363
351,993
76.000
350.000
35.000
100.000
10,634
347,433
81,000
350.000
35,000
175.000
342,573
85.000
280,000
35.000
175,000
367,158
90,000
35,000
23,775
515,933
Total disbursements.. 923,627
988.433
917,573
Balance*.............................. def.l,L27 def. 26,199 del. 97,185 def. 18,570
’ Accumulated surplus Dec. 3 1 ,1 8 9 3 , $1,793,350.
Southern Pacific Company.
(F or the year ending December 31, 1893.)
In advance of the full report the following statement of
the results of the year has been issued :
Prop, lines. Leased lines. Tot'l 1893. ToVl 1892.
Aver’ ge miles oper.... 4,470
2,128
6,599
6,485
$
$
S
$
Gross trans. earn’gs.30,491,563 17,557,985 48,049,548 48,972.195
Operat’g expenses...19,958,498 10,617,746 30,576,244 31,288,199
Ear’gs over oper. exp. 10,533,065
TPkge and other rent.. 538,646
Other receipts..............
64,937
Total receipts over
oper. expenses...11,136,648
Other payments
charg3 to income—
le
Taxes................ . .
..
740,049
Betterm’ts and addit.
39,377
Int’st on bonded debt, 6,601,566
Int’ston float’g debt..
.........
C. P. RR. rentals and
sinking funds..............................
Calif’niaP’cific rental
.........
Tr’k’ge and other rent.
719,125
Other payments........
.........
Total......................... 8,100,116
Earn, over fix’d c’h’g’s 3,036,531
Eam.und’rfix’d ch’g’s
.........
Inc’mefrom oth’r inv.
6,940,2:19
16,019
39,007
17,473,304 17,683,996
554,666
551,818
103,944
141,887
6,995,266
18,131,914
18,377,701
620,796 1,360,845
272,191
311,568
4,184,744 10,786,310
.........
.........
1,249,849
339,078
10,512,478
189,335
2,300,181
2,300,181
612,071
612,071
45,623
764,749
.........
.........
2,289,927
612,021
546,816
27,848
8,035,606
.........
1,040,341
Total.................................
Due from Oregon & California RR. Co. for
acct. of operations..............................................
Total earnings for the year over all fixed
oharges ana liabilities.....................................
16,135,723 15,767,352
1,996,190
2,610,349
311,439
211,962
2,307,630
2,822,231
442,832
441,180
2,750,462
3,263,461
General Electric Company.
(F or the year ending January 31, 1894-.)
The annual report of President Coffin is given at length on
subsequent pages of the C h r o n ic l e , with full income state
ment and balance sheet. The remarks of the President are of
more than usual interest, as they give a full account of the
financial transactions of the year and show what measures
were adopted to weather successfully the financial storm of
1893. The assets of the company have been rigidly marked
down in the valuations of the balance sheet, making now the
comparatively moderate figure of $33,473,483 against total lia
bilities of $45,938,449, of which $10,000,009 are debenture
bonds and $34,711,600 common and preferred stock.
There are no comparisons to be made with previous years,
and the tables for 1893-4 are given with the report.
GENERAL
[ Vql. LVIII.
IN V E S T M E N T
NEW S.
Atlantic & D anville.—At Norfolk, Va., April 3, the A tlantic & Danville Railroad was sold by order of the United
States Court. B Newgass, of London, the President of the
company, and representing the bondholders’ committee, was
the buyer at $1,100,000. A majority of the bonds have been
deposited with the Mercantile Trust Company.
Canadian Pacific.—The annual meeting was held in
Montreal on the 4th inst. The report was submitted by Pres
ident Van Horne, and its recommendations were adopted
unanimously. The report will be found elsewhere in the
C h r o n ic l e . The old Board of Directors was re-elected as
follows: Sir Donald A. Smith, Mr. William C. Van Horne,
Mr. Thomas G. Shauglmessy, Mr. Richard B. Angus, Mon
treal; Mr. Edmund B. Osier, Toronto; Mr. Sandford Fleming,
Ottawa; Hon. Lieut.-Governor Geo. A. Kirkpatrick, Toronto;
Gen. Samuel Thomas, New York; Mr. George R. Harris, of
Messrs. Blake Bros., Boston; Mr. Richard J. Cross, of Morton,
Bliss & Co., New York; Mr. Wilmot D. Matthews, Toronto;
Hon. Donald Maclnnes. Hamilton; Mr. Thomas Skinner,
London; Mr. John W . Mackay, New York. At a subsequent
meeting of the directors Mr. W. C. Van Horne was re-elected
President and Mr. T. G. Shaughnessy vice-president.
Cape Fear & Yadkin Yalley.—At Baltimore, March 31, on
petition of a bondholders’ committee representing over
$1,000,000 worth of the bonds of the Cape Fear & Yadkin
Valley Railroad Company, Judge Simonton, of the United
States Court, appointed as receiver of this road General John
McGill, President of the Mercantile Trust Company, of Balti
more.
Chicago & Northern Pacific.—The New York and Phila
delphia committees have come to an agreement and the block
of bonds represented by the latter committee has been trans
ferred to the United States Trust company, the depositary of
the New York Committee. Over two-thirds of the total issue
is now deposited with the U. S. Trust Co., and April 9 has
been named by the committee as the limit of time in which
further deposits may be made.
Cincinnati Extension Bonds.—A meeting of Cincinnati
Extension bondholders was held at tne office of Poor & Greenough aod $3,443,000 bonds were represented. Baron Erlanger
defended his action in selling his bonds at 60 without first
consulting the committee. Afterwards a committee was ap
pointed, and as it now stands embraces the names of George
Coppell, John Greenough, Frederic Taylor, R. G. Erwin and
James Swann. They were directed to ascertain and report
the nature of any proposal for the purchase of Cincinnati
Extension bands. Bondholders are requested to deposit their
bonds with the Central Trust Company, subject to the order
of the committee, pursuant to an agreement which shall pro
vide for ascertaining the wishes of bondholders by a vote in
person, or by proxy, and providing further that the action of
a majority of the bonds so deposited shall be binding upon
all.
Columbus Hocking Yalley & Toledo.—Mr. C. C. Waite,
President of this company, has issued a circular calling on
the stockholders of record to subscribe for $1,400,000 6 per
cent mortgage bonds of the Ohio Land & Railway Com
pany and $1,400,000 6 per cent car trust bonds. These securi
ties are offered to stockholders of record on April 10 at 75
cents on the dollar and accrued interest, the holder of each
100 shares of stock, either common or preferred, having the
right to take $2,000 bonds ($1,500 of each class) on payment
of $1,000 cash.
President Waite says : “ During the past eighteen months
the Board of Directors has deemed it conducive to the best
interests of the stockholders to aid allied corporations in
securing coal lands in the Hocking Valley. Accordingly, the
Ohio Land & Railway Company has acquired such lands to
the amount of 11,000 acres, at an average co 3t of about $120
per acre, and has given its mortgage thereon to secure an
issue of $1,500,000 bonds. Your company has advanced its
moneys or lent its credit as required for payments made and
to be made for these lands, and in consideration therefore
has received, or is entitled to receive, the total issue of 1,500
6 per cent purchase-money mortgage bonds of the Ohio Land
& Railway Company for $1,000 each, of which it already
holds 790, and will receive the remaining 710 upon the dis
charge of the prior purchase-money notes for $710,000, for
which these bonds are reserved.”
The company’s present desire for cash is thus explained:
“ Your company has also authorized the issue of $1,750,000 S
per cent car-trust bonds. These bonds are secured by equip
ment costing over $2,600,000, on which your company has
paid $1,500,000. To meet the balance of the required pay
ments your company is now under an annual charge exceed
ing $435,000, which, by funding as hereafter proposed, it may
reduce more than $300,000 per annum and at the same time
provide, as needed, for the purchase of about $350,000 of new
equipment, the title to which is to be transferred to a trustee
as additional security for these bonds. These payments are
calculated to provide for the retirement of the entire issue
within ten years; about one-tenth of the issue being subject
to redemption each year at par and interest by drawing in
the usual manner if they cannot be purchased at a less price.”
A pril 7, 1894. J
THE CHRONICLE.
595
Delaware & Hudson Canal.—The following circular letter
“ We are still of the opinion that, under the ordinary condi
is addressed to the stockholders of the Delaware & Hudson tions of commercial affairs, and with suitable provisions for
construction requirements (such as the new mortgage con
Canal Company :
In enclosing to yon the proxies in favor of James Roosevelt, templates), the earnings of the Erie property will be more than
Robert M. Olyphant. Alfred Van Santvoord and Alexander E. Orr, sufficient to meet its fixod charges, as now adjusted, iu which
the undersigned, who are eight of the thirteen members of your case the holders of the new bonds will have a security upon
Board of Managers, express their regret that, for the first time in the
history of the company, a minority have appealed to you to reverse a which they can depend; but if, contrary to expectations, there
decision which was made by the board after the fullest investigation should be any default in payment of interest, the bonds have
and discussion. The facts and the reasons for our position are as the benefit of a mortgage under which a foreclosure can be
Bands' of the company to the amount of nearly $5,000,000 mature promptly secured, and the rights of the bondholders protected
in October of this year and the Board of Managers have decided to without" delay, thus obviating the very serious difficulties
Issue to the stockholders fifty thousand shares of the stock of the which exist under the present second consolidated mortgage.
•companv at par. which will yield $5,000,000, and with that sum pay
“ Furthermore, the relations between the bondholders and
off and cancel the bonds. A decided majority of your board believe
that it is for the best interests of the company and the permanent the stockholders are properly established by the new mort
value of your stock that this policy be carried out. A minority of the gage, and under it the stockholders cannot again force the
board propose that this stock be issued at seventy-five, which will bondholders to make concessions which the stockholders them
yield three million seven hundred ami fifty thousand dollars,
and that the balance of one million two
hundred and selves would have been obliged to bear if the second consoli
fifty thousand dollars necessary for paying off the bonds dated mortgage had not contained such unusual provisions.”
should be either borrowed or secured by the sale of the securi
New York & New England.—At Boston, April 4, a meet
ties in the treasury. The company has now no floating debt, and the
policy proposed oy the minority will compel it to incur such liability, ing of the second mortgage bondholders was held at which a
or decrease its safety funds. Every year we diminish our capital by committee of seven was appointed to confer with the trustees
the coal we mine and sell, and the conservative policy of the compaur
has accumulated aod hopes to increase this surplus in the treasury to of the second mortgage bonds, and take such action as it
protect the stock against toe depletion of its coal, ano also to insure deems proper in regard to foreclosing the second mortgage.
regular seven per cent dividends in bad years, such as we have had The committee consists of Messrs. Frank L. Higginson, Col.
and will undoubtedly have again. It seems to us most unwise to W. A. Tower, N. W . Rice, of Boston ; Mr. Dale, of Philadel
take one million two h mdred and fifty thousand dollars
out of this fund for the purposes of
a stock dividend phia ; Francis B. Colley, of Connecticut, and two other Con
at this time, when credit is slowly recovering from the shock of the necticut gentlemen.
recent panic, and ail business, including our own. is greatly depressed.
New York & Putnam (N. Y. & No.)—The statement for the
Our product is restricted, our sales are light, and with both diminished
demand and lower prices for coal, our cash receipts are necessarily quarter ending December 31 shows as follows :
comparatively small It would invite just and ioiurloa* criticism to
make a stock dividend at this unprecedented period, when so large a
proportion of the railway mileage of the country has gone into the
bands of receivers, and more than twenty per cent of the employees
of the railroad* are laid off and idle. The Delaware < Hudson
&
Canal Company has won an enviable position with the investing
public. It hail attained high rank as a soundly and conservatively
managed corporation.
Its stocks and securities are held by
estates, in trusts, and among people who live upon, and must be sure
of, incomes derived trom investments. We confidently appeal to you
to send your proxies to the above committee, and cast your votes
against a policy which we regard as unsafe and injurious to your
property.
Stockholders should understand that the success of the minority
will result In the retirement from office of the present management of
the company, James Roosevelt, Win. II. TUUnghust, Alfred Van
Santvoord. James A. Roosevelt, Cornelius Vanderbilt, Alexander E.
Orr, Chauneey 31. Depew, Robert M. O.yphant.
Ea-t Tennessee Virginia A Georgia.—A decree for the
foreclosure of the East Tennessee Virginia & Georgia R ailroad in the action on the irapro cement and equipment bonds
under the Richmond Terminal reorganized >n plan has been
entered in Knoxville, Tennessee.
Che aale will take place
some time in June. J. W, Caldwell was appoint*! 1 Special
Master to sell the road.
The minimum price is to be
<1,000 ,000 .
International k Great Northern.—From St. Louis the fo l
lowing statement appears in the newspapers. It is understood
that it includes the Gal res ton Houston & Henderson earnings;
also that miscellaneous charges and taxes are omitted from
expenses. The annual statement of the International &
Great Northern Railroad Company and leased lines for the
year ending December 31 has been completed by General
Manager Campbell. It shows:
1893.
Oro», earslae*......................................................94.0SB.O36
Operating eipemte*........................ ................... 2,946,272
i«9 2 .
9*. 193.433
3.301,318
Net earnings ............. .....................................<1 S 41 ,763
Ton* of freight....................................... ............. 1,379.677
9894,515
1.536,784
Passenger, carried................ ...........................
770,156
721,140
Notwithstanding a year of exceedingly hard times the road
reports an increase in net of nearly <3.50,000, and the per cent
o f operating expenses was less than 70 a decrease of more
than 9 per cent from previous year. It is reported that the
net earnings bare been applied to paying oil liabilities.
Louisville Eransrllle k S t Louis.—On the application of
the receiver the Court has authorized the payment of the
interest due April 1st on the first and second mortgage bond..
Th e New York Security & Trust Co, is paying the coupons.
Marietta k North Georgia.—The sale of this railroad
has been postponed until May 8.
The sale was to have
taken place at Marietta, G o., this week.
New York Lake Erie k Westeru.—Notice is published by
Messrs. Drexel, Morgan & Co., New York, and Messrs. J. S.
Morgan & Co., London, that there have been deposited, pur
suant to the plan of reorganization. <26.569,000 second con
solidated mortgage bonds out of an issue of <33,597,400,
<3,110,000 funded coupon bonds of 1885 out of an issue of
<4.031,400, and <432,832 income bonds out of an issue of
<SoB,008.
“ The new mortgage contemplated In our circulars has been
prepared under most experienced legal advice, and with the
greatest ewe, both as to its legalities and provisions, and has
been executed by the New York Lake Erie & Western Rail
.
road Company. The bonds secured thereby are now being
engraved, to enable their delivery to depositors. It will thus
be seen that what was proposed in our circulars is nearing its
accomplishment, and the foregoing statement is made la
order that outstanding bondholders may be under no misap
prehension as to the situation. Desiring that they shall all
nave the fullest opportunity to avail themselves of the plan
of adjustment, we have decided to continue receiving deposits
o f tbe bonds until such time as we are ready to deliver the
new securities, reserving to ourselves, however, the right to
terminate this offer sooner if occasion should require.
— P«ar. end. Dec. 31.— —6 tnos. end. Dec. 31.—
1892.
1893.
1892.
1893.
8
9
$
$
Qrosa earnings. .............. 153,130
327,119
132,073
293,796
opera tl ng e xpenses......... 132.014
125,450
262,871
253,872
Net earnings..............
Other income.............
21,116
6,923
903
64.218
1,683
39,924
2,871
Total........................
InL, rentals and taxes...
21.116
52,570
7,526
52,174
65,931
105,125
42,795
104,948
Detlctt...................
31,480
44,943
39,194
62,153
Sante Fc Prescott k Phoenix.—This company has paid
the balance due the Colorado Fuel & Iron Company for rails
furnished and for which the latter company last summer filod
a lien against the road. President Murphy states that the
company is now earning the fixed charges on the sixty miles
of road in operation. An extension of tweDty-three miles
from Prescott, Arizona, will be opened this month. Over
1,000 mm are now employed in the work of e instruction, and
it is expected to complete the line to Pnenix 113 miles in the
course of another twelve months. The road will afford rail
road facilities to a large section of gold, silver and copper
mining interests, as well as the agricultural products of the
Salt River Valley.
St. Lon Is k San Francisco.—In regard to the press dis
patches from St, Louisas to the orders made by Judge Caldwell,
Dow, Jones & Co. sav to-dav: “ The statement in the papers
this morning that the St. Louis & San Francisco receivers
have been ordered to pay interest on the A. B. & C. bonds is
not correct. On the contrary, the Court denied ttie motion of
the receivers to pay this interest, on the ground that there is no
immediate necev-ity for it. The dental of the motion, how
ever, is made without prejudice to the right of the receivers
to apply iater for authority to pay it. The interest is due May
1 and will now be defaulted.
"The Court did authorize and direct the payment o f the
equipment as of 1881, interest and sinking fund amounting to
<27,310. This will be the last payment and cancels the mort
gage. the equipment reverting to the underlying mortgages.
The equipment originally cost $300,000, although only <454,000
bonds were issued on it.
“ The receivers under Court orders paid on April 21 interest
and sinking fund on the <1,090,000 tru^t 6s of 1880, amounting
to <49,000, and are authoriz d and directed to pay in addition
as follows: Interest on $1,050,000 Missouri & Western
Divi-ion bond amounting to $31,500 ; interest on St. Louis
Wichita & Western bonds amounting to §60,000; also rental of
<11,670 and sinking fund of <19,1)0 on account of Fo, Smith &
Van Buren Bridge.”
Savannah ic Western.—A committee to act in the interest
of the holders of the first consolidated mortgage bonds of the
Savannah & Western Railroad Company has been formed at
the request of holders of a large amount of these bonds. The
committee is composed of Messrs. Loub Fitzgerald, John P.
Towns-nd. Emanuel Lehman. Thomas Denny, all of New
York, and F. M. Colston, of Baltimore, No determination
has yet been reached as to reorgaoizition, but the committee
is of the opinion that prompt action should be taken by assent
to the agreement prepared and the deposit of bonds thereunder.
The Mercantile Trust Company will receive deposits of bonds
and signatures to the agreement on and after Tuesday next.
Southern P acific Company.—In S in Francisco, April 4, at
the annual meeting of the Southern Pacific Company, the fol
lowing directors were elected: C. P. Huntington, C. F.
Crocker, T. H. Hubbard, Russell J. Wilson, S T. Gage, N. T.
Smith, W. II. Crocker, H. E. Huntington, T. E. Stillman, A.
N. Towne and J. C. Stubb3. Russell J. Wilson and William
H. Crocker are the new members. Tne election of Russell J.
Y ilson, Stephen T. Gage and N. T. Smith, all said to be rep
5
resentatives of the Stanford interests, may possibly refute r< cent statements th it Mrs. Stanford desires an early with
drawal of her property interest in the roid.
596
THE CHRONICLE.
Reports and JJocumcuts.
[V ol. L \ m .
continue, everybody engaged in trade will naturally keep on
the safe side, and there will be no marked development of
traffic ; there are, however, indications of improvement in
various directions.
C A N A D I A N P A CI FI C R A I L W A Y CO.
Fortunately your Company has been able to make ample
THIRTEENTH ANNUAL REPORT OF THE DIRECTORS— provision against such a state of affairs ; it is in a position to
withstand a long period of depression, if need be, with
FOR THE YEAR ENDING DECEMBER 31, 1893.
out inconvenience.
Notwithstanding the unsatisfactory traffic results, the Com
To the Shareholders:
pany’s position at the end of the year was exceedingly good,
A balance sheet of the affairs of the Company at 31st as will be seen by reference to the balance sheet; the Station
December, 1893. and the usual statements relating to the Balances, Accounts Receivable and Treasury Assets, after
business of the year, are submitted.
providing for Current Liabilities, Accrued Fixed Cnarges,
The gross earnings for the year were................................ $20,962,317 44 and the dividend payable in February on the ordinary stock
The working expenses were...................................................
qj
and in April on the preference stock, exceeding the accumu
lated surplus.
Anil the net earnings were............... ....................................
Add interest earned on deposits and loans........................
zu j .bp- a /
The China and Japan steamships of the Companv have shown
$7,951,278 92 a healthy increase in profits each year since the line was estab
lished. The experience of the Company in this trade indi
Deducting the fixed charges accrued during the year
(see a following page)......................................... - ..............
5,3J8,a9< 22 cates the need of a more frequent freight service, and your
authority will be asked for the building, at the discretion of
The surplus was.............................................................- ........ $2,612,681 70
the Board, and at such time as the general conditions of trade
From this a supplementary dividend of 1 per cent was
may warrant, c f two freight steamships to supplement the
paid August 1 7 ,1S93, and a full half-yearly dividend
of 2'-j per cent was paid February 17, 1894................. 2,275,000 00 three passenger steamships now in the line.
The Company’s telegraph, express, sleeping cars, grain ele
LeaviDg a surplus carried forward...........- ..................... —
I?
Surjdus of previous years....................................- ................
6,923,541 44 vators and lake steamers have all maintained or increased
their profits.
Total surplus carried forward............................................. $7,261,213 14
No interruptions of traffic and no serious accidents occurred
during the year.
The working expenses for the year amounted to 63 07 per
While the utmost economy in working is constantly sought,
cent of the gross earniDgs and the net earnings to 36 93 per your Directors have been unable to see anything in the situa
cent, as compared with 60-67 and 39'33 per cent respectively tion and prospects to justfy aDy temporary savings at the
in 1892.
expense of the safety and efficiency of the railwav—savings
The earnings per passenger per mile were 169 cents and which are usually found expensive in the end—and the prop
per ton of freight per mile 0-87 cents, as against 1'69 and 0'84 erty has therefore been maintained in excellent condition
cents respectively in 1892.
throughout.
The earniDgs and working expenses of the South Eastern
The expendituies for improvements and additional equip
Railway, which is worked by the Company for the account of ment during the year were considerably le6S than were ap
the Trustees, are not included; nor are the earnings and proved by the shareholders at the last annual meeting
working expenses of the Qu’Appelle Long Lake & Sas
Five hundred and thirty-seven timber bridges, aggregating
katchewan and the Calgary and Edmonton Railways in 47,847 lineal feet or 9 06 miles, were replaced with permanent
cluded, these lines being worked temporarily by your Com work, and on 81 more the permanent work was partly done ;
pany.
188'14 miles of the main lines were relaid with heavy steel
The following is a comparative statement of the earnings rails, replacing lighter rails which have been utilized else
and working expenses of the Railway for the past four years : where—only the difference in the weight of the rails being
charged to capital in such cases. The other items for which
1892.
1893.
1891.
1890.
capital was expended will be found in Appendix “ C.”
The very heavy expenditures for improvements are
$
$
$
$
The timber bridges remaining after
Passengers . 4,774,713 76 5,459,789 46 5,556,316 40 5,656,204 90 nearly at an end.
Freight........ 10,106,644 02 12,665,540 26 13,330,540 19 12,673,075 38 the present year are mostly of such a character that their
483,922 58
496,134 49
516.098 45
356,038 61
Mails............
For
333,975 39 replacement may be spread over a number of years.
288,633 25
302,259 34
Express.......
260,268 43
the present year $714,965 will be required for permanent
P’rl’r&sleep331,202 73
380,470 10 bridge work and other improvements of permanent way ;
303,545 09
268,096 76
Ing cars...
786,767 40 1,007,489 47 1,405,110 53 1,422,457 18 $137,150 for Terminal Yard and buildings at Toronto and for
Tele. & misc.
16,552,528 98 20,241,095 98 21,409,351 77 20,962,317 44 Montreal Terminals ; $115,230 for various buildings, sidiDgs,
Expenses... 10,252,828 47 12,231,436 11 12,989,004 21 13,220,901 39 and spurs, additional fencing and miscellaneous improve
ments ; $75,000 for substitution of heavy rails for lighter, rep
Netearn’gs 6,299,700 51 8,009,659 87 8,420,347 56 7,741,416 05 resenting difference in weight; $195,000 for a steamer for
The past year opened unfavorably; a closely following se local service on the Pacific Coast; $125,000 for acquiring a
ries of severe snow storms, with unusually cold weather, proportionate interest in the “ Soo L ine” Sleeping Cars and
made the working of the line difficult and expensive, and at $250,000 for other rolling stock and equipment, making a total
Estimates
the same time impeded the traffic of the country, and both of $1,613,345 for improvements and equipment.
the gross and net earnings of the Company suffered in con showing in detail the improvements and additions required
sequence. Until the year was nearly ended, your Directors and chargeable to Capital Account will be submitted for your
hoped and believed that the losses of the first quarter would approval.
be made good, the harvests everywhere having turned out
No new lines are contemplated beyond the completion of
fairly w e ll; but the extraordinary decline in the price of the Revelstoke (28 miles) and Temiscamingue (50 miles)
wheat and the depression in trade on the Pacific Coast, re branches, the work on both of which is well advanced.
The
sulted in an unexpected and heavy loss in earnings during the Eganville branch is completed and in operation.
last two months of the year, and a decrease in earnings has
Four per cent debenture stock has been issued to the
therefore for the first time to be reported.
amount of £1,000,000, to take up the remainder of the Con
The causes of the depression in the United States did not solidated Mortgage bond3 of the Duluth South Shore & At
prevail in Canada to any great extent, beyond the low price lantic Railway, which had been guaranteed by your Company.
of wheat. The decline in the value of silver affected British As a result of this transaction, now completed, your Compa
Columbia somewhat, but the loss in business from this cause ny holds in in its Treasury, for the security of the Debenture
was not large. The extreme depression which has prevailed in Shareholders, $14,600,000 D. S. S. & A. Consolidated Mortour neighborhood naturally made itself felt. Travel was gage'bonds (the entire amount issued), $3,000,000, D. S. S. &
much reduced, and even that resulting from the World’s Fair A. 4 per cent Income Certificates (the entire amount issued),
failed to make good the general loss.
$5,100,000 D. S. S. & A, preferred stock and $6,100,000 D.
A large amount of wheat from the last crop is still in the S. S. & A. ordinary stock ; the amount of preferred and ordi
hands of the farmers or in the local grain elevators on the nary stock held constituting a majority of each class.
line, awaiting a favorable turn in the market. It is only an
At the last Annual Meeting expenditures to the extent of
improved wheat market that is required to bring a revival in $8,000,000 were authorized for improvements and equipment
business. The farmers at present are short of money, and according to estimates submitted, and for the completion of
this affects the Company’s most profitable business—the in the Moosejaw Section of the Souris Branch, connecting with
wards traffic, lumber and general merchandise. The Com the “ Soo” Line, and for the Revelstoke and Temiscamingue
pany’s losses have been entirely west of the Great Lakes. Its branches and for the acquisition of the Eganville line ; but
eastern lines have shown increased earnings.
owing to the unfavorable outlook for business the expen
The Minneapolis St. Paul & Sault Ste. Marie Railway ditures were curtailed, and an issue of £1,320,000 of 4 per cent
(the so-called “ Soo Line”) and the Duluth South Shore preference stock was found sufficient for the year.
& Atlantic Railway have both suffered severely, in common
During the year the North Western extension of the Min
with all the American lines west of the Great Lakes, from neapolis St. Paul & Sault Ste. Marie Railway was completed
the extraordinary depression prevailing there. Their flour, to the International boundary, and your Company’s branch
lumber and iron traffic, all of great importance, were par line connecting therewith was completed from the Interna
ticularly affected ; but these lines are in excellent condition, tional boundary to the main line at Moosejaw, forming to
well equipped and most favorably situated for commanding gether the shortest line between St. Paul, Minneapolis and
traffic, and a revival in trade will enable them to quickly re the Pacific Coast, and, by means of their several connections,
cover ; indeed they are already showing an improvement.
the shortest line from Chicago. The new line is not only
It would be idle to attempt ‘to forecast the results of the shorter than any other but it is the most favorable in point of
present year. There is no financial trouble in Canada, nor gradients, The new line was opened in September, too late
sign of any, hut so loDg as the abnormally low prices of grain tin the year to affect the year’s results,
THE CHRONICLE.
A pril 7, 1884.]
!
;
■
M
i
.
j
•j
|
•
|j
597
The branch line southward from Revelstoke has been com South-Western lands were 107,348 acres for $353,847, an aver
pleted for a distance of 10 miles to a point below the most age price of §3 29 per acre, against 392,467 acres for §1,355,difficult navigation of the Columbia River.
618 in 1892, an average price of §3 45 per acre.
The section of the Alberta Railway between Dunmore and
Of the lands previously recovered by the Company from
Lethbridge has been brought to your Company’s standard and cancellation of sales 10,365 acres were re-sold during the year
taken over by it, in accordance with the terms of the lease at a profit of $3,824.
approved at the last annual meeting.
The position of the Canadian Pacific land grant at Decem
t o n will be asked to approve an agreement for a lease of a ber 31st was as follows :
line of railway from Nakusp, on the Upper Arrow Lake (Co
A eres.
A cres.
lumbia River) to the Slocan silver-mining district, about 34 Original g ran t........................................................... 25,000,000
Surrendered to G overnm ent under agreement
miles, at a rental of 40 per cent of its grass earnings, and on
of March 30tll, 1886............................................ 6,793,014
the same general terms as heretofore approved in the case of
18,206,9S6
the Shuswap & Okanagan Railway.
This short line of
railway will be a most important factor in the development of The Company has earnedt san account o f its 1,411,200
Souris Branch Band g r a n ...........................
the Kootenay District, and it is expected to create a consider
able traffic 'for your main line. The railway in question is
19,618,186
promoted by the Government of British Columbia, at whose Sales to Deo. 31st, 1393......... ............ 3,847.139
Less canceled in 1 8 0 3 ......... ...............
21,341
instance your Company is called upon to undertake its work
---------------- 3.825,798
ing.
You will be asked to authorize a lease on similar terms of Quantity of land unsold............................................................. . 15,792,383
• the Nicola Valley Railway, in British Columbia, which is
The position of the Manitoba South-Western land
likewise promoted by the Government of that Province. It
grant at the end of the year was as follows :
is intended to reach the coal fields in the Nicola Valley, Total grant.................................................................. 1,396,803
about 50 mines from Spence’s Bridge, on your main line, Sales to Dec. 31st, 1 8 9 3 ............................................ 293,714
and vour Directors look upon it as of much importance, both
as affecting the cost of the Company’s coal supply and as Qnantlty o f land u n s o ld ........................................... ................. 1,098,086
Columbia and K ootenay Land G ran t........................................
190,000
affording a valuable traffic.
You will also be asked to approve and confirm an agree
Total land owned by the C om pany....................................... 17,080,474
ment of lease by which the Atlantic & North West Rail wav
The amount received from Town-sites during the~year,
Company leases to this Company in perpetuity the com
pleted portion of Section 5 of that company’s line", extending after deducting all expenses, was $15,243 99.
The Company’s lands are seldom sold to new immigrants,
from R enfrew to Eganvtlle, a distance of 18 9 miles ; the
rental to be a sum equal to 4 j t r cent per annum on the but generally to those who have already established them
bonds issued in aid of the undertaking not exceeding 8Hi,000 selves on free homesteads, and who from their improved con
ditions are able to increase their holdings by the purchase of
per mile.
In order to protect the Company’s interest in the Crow’s adjoining railway Sands; therefore an unfavorable season in
Nest Pass your Directors found it expedient to expend $86,- agriculture is sure to be unfavorable as regards land sales.
256 18 on surveys, etc., during the year, and for similar rea The established farmers have had little money to spare for
sons, to expend $18,163 80 in surveys of other lines, which lands during the past year, and the land sales" have conse
quently been light; and the receipts from Town-sites have
expenditures you will be asked to approve.
*
The semi-annual dividends have hitherto been declared in likewise suffered.
December and June, and paid in February and August. The I Although the year was not a good one for the farmers, in
Directors recommeud that after the present year <
18011 the I view of the very low prices of grain, there is little ground
dividends be made payable on the 1st April and 1st October, for the sensational reports which have been occasionally pub
so that the result for each year may be definitely ascertained \ lished concerning their situation. Tnev are at least as prosper
before the dividend Is declared for "the last half of the year, ous us the people in agricultural districts elsewhere in the
and so that the books may be closed at one time for this divi- j world, and more prosperous than the majority.
dead and for dividend* on the preference stock and for the ■ It should be remembered that althougu the price of wheat
in the world’s markets has never been so low, the Western
annual meeting.
The Director* have under consideration the conversion of farmers have on several occasions received no more for their
the ordinary shares into sterling stock, in accordance with j wheat than at the present, for the reason that the cost of
the by-law adopted by the shareholders at the last annual transportation has been greatly reduced in late years. A t the
meeting, but some technical difficulties have yet to be over same time the purchasing power of money has largely in
creased, so that, generally speaking, the situation of the farm
come.
ers is relatively better than it was in other bad years iu the
lands.
past. There is no more reason now than there ever has been
The galea of the Canadian Pacific lands last year were 93,-: to doubt the future of agriculture.
1H acr«-< f. r $285.2!Sr>. an average price of $3 17 per acre, as
In respect of fertility of soil and coat of production and
again st$8®,80$ acres for $148,018, an average price of $3 2.Y] ; transportation the Canadian Northwest is not inferior to any
per acre in 1892.
of the large wheat-producing regions of the worid, and the
The sale# of Manitoba South-Western Railway lands for quality of its wheat Is superior to any other ; the successful
1’-4'3 w. re 14,164 acr* - fi>r $57,5511, an average price of i l i:o outcome of it# competition cannot therefore be doubted.
per acre, as against 101,169 acres for $60T,000, an average price :
For the Directors,
of #8
per acre in 1892,
WM. C. V A N H ORN E,
The total sale# for 1898 of Canadian Pacific and Manitoba ’
President.
a
i
■s
■
■
STATEMENT OF EARNINGS FOE THE Y EA R 1993
; F ?•>!!! F asx 'tjcrr-............. ............................... ...
$5,656,704
Fought................................................ . . . ..
12,673.075
M atts...................... ...................... .....................
106,134
E xpress............ ............ ........................
333.975
Parfor Bed - b —ping Cats________________
3-0.170
T e le g ra p o aei-I Si i.*rellAfieous
1.122,497
PASSENGER TRAFFIC,
1891.
1892.
1393,
00
38
Number o f P*.sens'* carried . 3.163,507
3,253.781)
3,311,247
49
Viiinti.-r !»««- . ..rrird I I<tll« .320.099.830 S3S.8S0.047 334,307,500
39 ; Earning:* per Fa**, per mile
1-70 cent-.
VCV cents.
1-69 cent*.
10
18
T R A F F IC TRAIN" M ILEAGE Y EA R 1893.
Earnings per
$20,962,317 41
Mileage.
Earnings.
Truffle Train
STATEMENT OF W ORKISO EXPENSES FOR THE Y E A R 1303
Conducting Trxe* porta U «n......................... ............... ........ $3,427,511 72
W M l I M t o f Way and su-netare*.........................
2,808.677 3-1
Mof.lv* P ow er. .......... ......................................................
4 ,3 16,4 -9 02
Maintenance o f Car- .................................................... .
831.193 50
Factor and Steeping Car E xpen ses............................ .......
83,138 10
Ripen*** o f Lake -tr a in e r * ..................... ................... ....
134,549 63
O encm l E xn vm w a............................. ................................
1,281,608 28
Cum te re Iat Tel* graph................................................ ..........
335.736 80
$13^210,901 39
X>E-‘ R tP riO N OF FREIG H T C A R R IE D DURING TH E YEARS
D sseeip im n 1801 .
1882 .
1803.
Fleur, !.!>!*..............
2,318.000
2,480,363
8,314.163
Grain, bush...................... 24.804.141
29,300,887 23,636,715
... -------3V.<
>
; Lasaber, feet...............................630.690.093 700,209,056 668,176,026
Firewood, cord*
.............
121,010
115,280
170,294
I Manufactured article*., ton* ,.
986,090
1.055,533
1,114,195
All ether artici, *, ten*...........
860,799
**98,501
978,193
FR E IG H T TRAFFIC.
1801.
1992.
1993.
Number o f roos c a r r ie d ....
8,846,710
4,230,676
4.226,059
Number o f ten* carried one
............— - ...................1,391.703.496 1.582,534.352 1,453,367,263
Earning* per to* per ttU
te.
0-91 eta.
0-84 eta.
0 87 eta.
Passenger.. .............................
Freight....... .........................
T ota l...................
6,130.732
8,365,680
$6,828,777 50
12,499,034 23
$111
149
........... 14,522.612
$1 9,327.81173
$133
The above earnings for traffic trains include earnings from
Mails, Express and Sleeping Cars, but do not include Lake
Steamers, Telegraph, Elevators, Rents, &c., the net profits
from which amounted to $1,104,219 28.
EXPENSES PER T R A F F IC T R A IN MILE FOB Y EA R 1803.
E n.entcs per
Truffle Train
Expenses.
Mile.
Maintenance of Way......................................... $2,809.677 34 0-193
Motive power .................................................. 4,316,489 02
0-207
Maintenance o f car*........................................
831,195 50
0 057
Traffic and general expen ses........................ 4,794,253 10
0 ’33
$12,750,614 96
$0877
STATEMENT OF EQUIPMENT AT DECEMBER 31, 1893.
Locom otives.............................................................................................
578
First and second Class Passenger car*, Baggage car, and
CWotd-t sleeping Cars..............
575
FIrat-olass Sleeping and dining ca r*. ...............................................
86
Parlor car*. Official and Fayma-tera' c a r s .......................................
30
Freight and cattle cars (all kinds)........ ...................
14,505
Conductor*’ v a n * ............................
297
Board, Tool and AutlH arr Car* and steam shovels .....................
522
Lake Steamship*.•♦Alberta," ♦•Athabasca,"" M anitoba;" Pacino
Steamships, • Empress o l China,"
•
Empress ot Japan,”
"E m press o f India,”
THE CHRONLCLE,
598
rvoL. L v m ,
CONDENSED BALANCE SHEET DECEMBER 31ST, 1893.
COST OF ROAD.
Main Line
......................................... $137,051,933 37
Liues acquired or held under per
petual lease..............................................
20,620,684 28
14,324,697 70
Branch Lines..............................................
-------------------------$171,997,315 35
Note.
In addition to the property repre
sented by the foregoing figures,
the Company owns 17,080,473
acres of land.
EQUIPMENT.
Rolling Stock.............................................. $15,393,008 33
Lake Steamers............................................
483,452 99
Shops and Machinery (Montreal,
Hochelaga, Peith and Carleton
Place)............................
1,286,763 85
------------------------- 17,163,225 22
CHINA AND JAPAN 8TEAMSHIPS AND APPUR
TENANCES.............................................................
3,504,327 16
ACQUIRED SECURITIES HELD
AGAINST
DEBENTURE
AND
PREFERENCE STOCK ISSUED.
Schedule “ A” cost................................ $19,596,944 96
Advanced on Atlantic & North West
Railway, Eganviile Branch............
256,782 37
Advanced on Montreal & Ottawa
Railway...............................................
403,395 30
20,257,122 63
REAL ESTATE, realizable.
Lands at and near Montreal.............
290,529 65
Hotel and other buildings at Van
couver, and Fort William and
Banff SpringB Hotel, held by Trus
tees for the Company.......................
875,677 51
1,166,207 16
ADVANCES ON LAND.
Interest advanced on Land Grant
Bonds to date.......... .*
.........................
3,311,72166
Less—Surplus Receipts
from Town sites..........$6S0,055 56
Net proceeds sales of
Lands of M. S. W. Col.
Railway........................ 518,936 81
1,198,992 37
2,112,729 29
BALANCE DUE ON LANDS SOLD.
2,495,563 24
Deferred Payments...........................................................
BALANCE DUE ON TOWN-SITE SALES.
Deferred Payments...........................................................
251,401 51
ADVANCES.
South Eastern Railway....................................................
1,604,780 53
ADVANCES ON LAKE AND FERRY STEAMERS ..
685.140 28
MATERIAL AND SUPPLIES ON HAND.....................
2,241,176 58
♦STATION BALANCES, ACCOUNTS RECEIVABLE,
MISCELLANEOUS SECURITIES AND ADVANCES
4,396,458 08
DOMINION GOVERNMENT, amount due for mail
transportation and adjustment old accounts, (since
paid).......................................................................................
250,463 02
TREASURY ASSETS.
Temporary Loans on Security........... $2,092,144 48
Cash in hands of Treasurer and Pay
masters...............................................
435,627 84
Cash in Bank.........................................
7,766,826 49
------------------------- 10,294,598 81
CAPITAL STOCK........................................................... .
$65,000,000 00
FOUR PER CENT PREFERENCE STOCK...................
6,424,000 00
MORTGAGE BONDS.
1st Mort. bonds, 5 p. or..£7,191,500 $34,998,633 33
Canada Central 1st Mort
gage, amount of issue,
£ 5 0 0 ,0 0 0 ........................ $2,433,333
Sinking Fund deposited
with Government......... 1,500,000
Balance at maturity............ ...............
Canada Central 2d Mort. 6 per cent.
Due Province of Quebec on Q. M. O.
< O. Railway, 5 per cent.................
fc
Due Province of Quebec on North
Shore Railway, 5 per cent...............
Algoma Branch, 1st Mort., 5 per ct..
North Shore Ry., 1st Mort., 5 p. c ..
850,000 00
973,333 33
3,500,000 00
3,500,000 00
3,650,000 00
616,119 67
48,088,086 33
FOUR PER CENT CONSOLIDATED DEBENTURE
8TOCK................................................................................... 39,819,675 00
LAND GRANT BONDS, 1st Mortgage.
Amouut of issue....... $25,000,000 00
Less — Amount
re
deemed and can
celed........................ 20,574,000 00
----------------------- $4,426,000 00
Amount held in trust by Dominion
Government not bearing interest.
1,000,000 O
O
$3,426,000 00
Land Bonds 3*2 per cent interest
guaranteed by Dominion Gov’ t___
15,000,000 00
CURRENT LIABILITIES (including Vouchers and
Pay-Rolls.................... ................................................. —
INTEREST ON FUNDED DEBT AND RENTAL OF
LEASED LINES.
Coupons not presented, including
amounts due Jan. 1st, 1894 ..........
1,470,222 07
Accrued to date not due.....................
314,764 20
DIVIDEND ON ORDINARY STOCK, declared De
cember and payable in 1894.......... .............................
DIVIDEND ON FOUR PER CENT PREFERENCE
STOCK, 3 months declared December and payable
in 1894 .................................................................................
CASH SUBSIDY FROM DOMINION
GOVERNMENT. ................................ $25,000,000 00
BONUSES FROM PROVINCES, AND
MUNICIPALITIES..............................
646,060 30
18,426,000 OO
2,878,008 78
1,784,986 27
1,625,000 00
64,240 00
25.646,060 30
LAND GRANT.
3,825,798 acres sold, amounting to .. $12,300,303 70
6,793,014 acres taken by Dom. Gov. 10,189,521 0 J
$22,489,824 70
Less—Expenses, cultivation, rebate,
and 10 per cent on Land Grant
Bonds taken in payment.................
TOWN SITES.
Amount received from sale of Town
Sites, not covered by Land Grant
Mortgage............................................
Less — Expenditure improvements,
grading, clearing, etc......................
2,495,839 55
19,993,985 15
$2,676,308 68
586,999 23
$2,089,309 45
Surplus receipts 1889 to 1893 ap
plied against Advances on Land
650,055 56
Bond interest ............ ......................
--------------------- —
SURPLUS EARNINGS.
Net earnings for years 1888 to 1893 inclusive, after
payment of all fixed charges and dividends...........
* $1,975,000 has been transferred from this account
to * Acquired Securities ” since the last annual report.
*
1,409,253 89
7,261.213 14
$238,420,508 86
$238,420,508 86
I. G. OGDEN, Comptroller.
S C H E D U L E k6A ”
SECURITIES ACQUIRED AND HELD AGAINST DEBENTURE
STOCK ISSUED.
Atlantic & North-West Ry. 5p. c. Guar. Stock................... $3,240,000 00
Columbia & Kootenay Ry. 4p. c. First Mortgage Bonds
693,500 00
Manitoba Southwestern Colonization Ry. 5 p. o. jlst
Mort. Bonds............................................................................
72,000 00
North Shore Ry. 5 p c. 1st Mort. Bonds............................
131,400 00
Dal. South 8h. & At. Ry. 4 p. c. Consol. Mort., guar....... 14,600,000 00
“
Income certificates........................................
3,000,000 00
“
Preferred Stock (constituting a majority)........... 5,100,000 00
“
Ordinary Stock (constituting a majority).......... 6,100,000 00
Minneapolis 8t. Paul & Sault Ste. Marie Ry.—
Preferred Stock (constituting a majority)......................
3,533,400 00
Ordinary Stock (constituting a majority).............
7,066,600 00
Souris Branch 1st Mort. BoDds. £400,000......................
1,946,166 67
Pacific Steamship 1st Mort Bonds, £72 0 ,00 0 ................... 3,504,000 00
Brought fonvard......................
Issue for acquiring Mort. Bonds
of Roads of which principal
or interest is guaranteed by
C. P. R y .:
O neyearon................................ £2,945,000
Six months on................... .........
55,000
$1 ,008,78700
$4 * 35 **615&
3
573,293 33
5,353 33
£8,182,125 $1,587,433 66
Against which has been collected interest
on guaranteed securities...........................
584,000 00
--------------------- 1,003,433 66
$5,338,597 22
RECEIPTS AND EXPENDITURES 1893.
R e c e ip t s —
Cash and Treasury assets on hand Dec.
,
_
31st, 1892......................................................
$8,624,5o5 12
FIXED CHARGES 1893.
Surplus revenue (as per statement)........... $2,612,681 70
Land Department—
£7,191,500
First Mortgage Bonds, 5 per oent___ $1,749,931 66 Proceeds of land sales............$239,191 15
$7,000,000
Province of Quebec, 5 per cent...............
350,000 00 Less expenditure...................... 83,992 76
£99,600
North Shore 1st Mort., 5 per cent...
24,236 00
£200,000
Canada Central 2d Mort., 6 per oent.
58,400 00
$155,198 39
“
“
1st Mort., sink. fund.
51,100 00 Deduct amount remaining in
£200,000
8t. Lawrence & Ottawa, 4 per cent..
38,933 34 deferred payments...............
90,133 51
$2,544,000
Man. S. W Col. Ry. 1st Mort., 5 p. ot.
127,200 00
-----------------65,064 88
Toronto Grey & Bruce rental............
140,000 00
Ontario < Quebec
&
£ 4,0 0 7,3 8 1 15s. 5d. Ontario & Quebec Debent’rs, 5 p. ot..
975,129 56 Net proceeds sale ofRy. System—
real estate
$2,000,000
Ontario & Quebec (ordinary) 6 p. ot.
120,000 00
at Montreal and Toronto... $50,701 97
£1,330,000
Atl. & N. west. Ry. 1st Mort., less
Government proportion.......................
136,333 34 Amount received from City of
on account of filling
£750,000
Algoma Branch, 5 per c e n t.....................
182,500 00 Torontolake front.................
etc., on
88,500 00
South Eastern Ry. rental, Farnham
-----------------139,20197
to Brigham J unction ........................
1,400 00
Bonuses—
Rental Mattawamkeag to Vanoeboro
23,800 00 Provincial Government sub
Rental New Brunswick Ry. System..
356,199 66
sidy on Souris Brauch......... $85,102 50
4 Per Cent Debenture Stock—
City of St. John, N. B . ..........
38,600 00
------1 --------123,702 50
Issues for general purposes___ £3,458,125
Amount refunded by Dominion Govern
Issue for China & Japan 8t’m’rs 720,000
ment on account of amount retained in
Issue for Souris Branch.......... 1,004,000
connection with construction of main
line........................ ..........................................
92,172 7 »
£5,182,125 $1,008,787 00
THE CHRONICLE.
APRIL 7, 1894.|
Brought forw ard............................................. $J,0J3,fS3 &f
Consolidated Debenture Stock, -4percen t—
Amount issued for acquiring guaranteed
securities....................................................... 4.860.666 72
Preference Stock, 4 p er cent—
Issued on account of amouut authorized
at last meeting. £ 1.320.000, realizing... 5.763,460 00
Balanees on Town Site Sates—
Amounts collected from deferred pay ul'U.
47,720 54
---------------------$13,710,971 10
$22,335,526 22
Add increase in current liabilities
83.709 15
Station Balances, Accounts Beceicabtc A Miscellaneous
securities—
Balance at December 31. 1S92...................$5,908,987 03
* Balance at Dec. 3 1,1893.. $4,396,458 08
Balance due from Dominion
Governm ent.......................
250,463 02
------------------- 4,646,921 10
Add difference .................................................................... 1,261,965 93
$23,681,201 30
E xpendit OSES—
Interest on funded debt and rentals of
leased lines due January 1st, 1893,
and accrued to that d a te ......................
Construction branch line* (Schedule“ B"(
Additions and Improvements main line
and branches (Schedule “ C " ) ..............
Additlonsand improvements leased lines
(Schedule • D ”)........................................
•
Rolling stock, shops and machinery.......
Telegraphs, extensions and additions...
Hotel and other buildings at Vancouver
and other points, held in trust..............
China and Japan steamships and appur
tenances. expenditure during year in
completion ......................... ....................
Supplementary dividend made Dec.,
1892, and pail February, H 9 3 ............ $850,000 00
Supplementary dividend made June,
1893, and paid August. 1993 ...............
650,000 00
ADVANCES—
Land Department—
Interest advancedon Land Grant Bonds $952,414 09
Deduct surplus receipts from
town sites - Total proceeds
of sales....... ....................... $89,459 34
Deduct expenditure for clear
Ing, Improvements, Ac....... 71,214 35
71 e t
proceeds
Man. 8 W. Ool.
R. lands............$61,905 88
Deduct amount
reserved f o r
payment of ad
vance* f r o m
P t o v i u e c of
Manitoba......... 2 0,5 6 1 36
$1,788,213 35
2,465,560 44
1,854,601 96
385,011 79
278.419 33
35,165 69
152,973 96
18,158 52
1.300,000 00
$15,243 99
D r o v e m e n ts ..............................................
y 4 9 3 pg
Elevator at Quebec...............................44)98838
Coal chutes (Ottawa, Carleton, Chalk
River) ..........................................................
5,93104
Improvements, Louise Embankment, Que.
3,150 00
$197,388 43
Callander to F ort W illiam . 653-4 Miles.
...
6,100 78
Additional sidings.......................
Substitution of heavy rails and fastenings,
less credit for lighter rails removed___ 20,051 15
Additional Millions and buildings..............
2,462 00
Additional fencing. .................
..............
2 589 36
l)968 17
Right of way and perfection of tit le ___ )
Widening cuttings, embankments, tilling
trestles..
.............................................. 210,753 76
Permanent bridges .................................... 45,489 16
Coal chutes ( North Bay and Chauleaui...
4,579 90
Settlement of disputed claims, original
construction.................................................
374 15
F ort W illiam to Donald . 1,449*5 Miles.
27 781 57
Elevators at Fort William....................
6,555 14
Improving water supply.............................
Permanent bridges................................
32
406 19
Bight of way and perfection of t it le .......
1,985 82
Additional sidings.......... ............................
12.372 87
Additional fencing....... ......................... . " )
26*701 51
Substitution of heavy rails and fastenings,
less credit for lighter rails removed___ 216.401 69
Additional buildings, stations and yards 108,117 54
Widening embankments. Ailing trestles.. 336,342 94
Coal pockets (Winnipeg. Camnore and
Iguace)..........................................................
773 40
Extending Fort William coal dock...........
1,199 22
Elevator at Winnipeg................................
262 56
Miscellaneous....... ..........................................
1,832 09
294,368 43
772,632 5*
D onald to Pacific Coast. 458 miles.
Car shops, yard and wharf, Vancouver... 17.922 03
Additional stations and buildings...........
3,724 71
Widening embankments..............................
14,421 62
Right of way and perfection of title.........
4,714 21
Additional fenslog.....................................
y
g«g31
Additional tidings.......................................
3
265 79
Permanent bridges ..................................... 102,589 02
Water supply...................................................
263 34
Miscellaneous.......................................
y
497o0
Expenditure00 Gov. sectinn.$430,664 63
’
Lees—Amount received from
Dominion Goverufftcut un
der award of arbitration... 120,493 80
---------------- 310.170 88
---------------460,438 21
Total on Main Line................................................ $1,724,827 60
41,34152
56.585 51
595,828 58
30.370 73
129,774 36
Mi l l K 0 I LF. » D .”
DETA1L8 OF EXPENDITURES ON LEASED LINES.
6,386.222 63
015.235.829 76
D*'«mhcr 31st.
.m o u ir V o r aeernsld ' flied*10,204,588 91
......................................... .. . 1.849.226 27
8.145.872 54
023.691,201 30
•This amount is reduced $1.975,00V by the transfer of securities
ftom this account to " scqnired securities securities
su K i i o i l $: “ b . ”
CONSTRUCTION BRASCII LI.YES.
g r u t o V e ^ h ^ " ! * . . . . ; v ; .................
J S j f f ?.*
Preliminary surveys of projected lines.......
10,163 30
-$2,465,500 44
s r i l K O t L K “ C .”
DETAILS o f EXPENDITURE ON ADDITIONS AND IMPROVE-
Main Line-
South We »tern Branch (1001 m ile#)....
$1,669 66
Emerson Branch
( 64 5 miles)
5,707 07
Selkirk Branch
( 22-5 miles) . . .
220 93
Stonewall Branch
( 18* mllcsi .
54 65
Stoble Branch
( 5- miles)___
118 57
Mission Branch
...................
1.833 6 4
Algatua BranchRight of way and perfection
. ; ' V Ue n ..............................$1.756 88
Additional fencing................ 4.300 35
Wldeulng cuttings, embankmeets, filling trestles......... 91,308 57
Additional buildings ........... 5,334 91
Additional siding* ............
239 04
Permanent bridges.................... 3,226 82
Substitution of heavy rails
and fastenings, less credit
for lighter rails removed 24.003 27
120,169 84
$1,854,601 96
Deduct material on hand, decrease . . . . . . . . ................ $ t 5.290.556 9*
^
U$rur,Sjo a?
Brought j o n c a r d ............................................
Hoohelaga Yard—Alterations an d im-
Branch Lints—
Lake Steamers and Car Perry Boats—
Amount advanced on construction of
Acquired Securities
Balance on $14 600,000 Duluth
800th Shore k Atlantic Ry. Bonds.
And for $1,000,000 Dolutb South
Shore A Atlantic Ry. Income Certillcates.
BS.IOO.OOO Duluth South Shore A
Atlantic Ry Preferred Stock.
$6,100,000 Duluth. South Shore A
Atlantic Ry. Ordinary Stock.
$5,238,066 06
For $3.5331.400 M. 84 P. A 8. Ste. M.
Preferred Stock
For $7,068,600 M. 84 P. A 8. Ste. M.
Ordinary Stock.
487,978 30
Fbt Atlantic A North W o t Railway
1st Mortgage Bonds on Eganvlile
Branch.......................
250.782 37
For Montreal A Ottawa Railway
1st Mortgage B ead s.......................
403.395 30
A m ? ’ **arT
599
1883'
Quebec TO C a l m x d x r . S03T Miles
Ontario a Q crbec R ailw ay
New workshops and Improvements at Toronto Junction............ .............................
Substitution of heavy rails and fastenings)
Kioto c‘ <nt ,or Ugbter rails removed..............
7
S'fjL1 f
l * r t « ‘ lon Of tit le .................
Btstxm .
■*> oao 75
28,326 10
14.290 57
h
i
'
«
“ *b»nk. . ballantlDc.otc.! 72.820 71
AaulUftUil fcDcinj? ................................ .
i 970 86
¥5SISrin^ mVt"r
..........................2,410 94
Adaiil'iiiii
.. .
....................... 33 296 33
Additional station, and buildings . . . . . .
23.530 23
«'»«o u and yard and Improv. at London, Out. 14.330 87
Docks at(Windsor.......... .......................................
3.037 89
C®te St. A n lo ln e....... ............................ 19,255 26
Coal chutes (Havelock and Smith's Falls).......
759 73
preportion of cost of overhead
Mi ld5 B’ Don*>»* Street. Toronto...................... 9,000 00
Terminals at Toronto:...........................................
Toronto real estate.................. .
$3,083 25
Acoount alternative s ite ............ 44.210 71
----------------
93 41
7,293 96
---------------- $276,561 87
Atlantic A North-W est Ra il w a t .
embank. HlUng trestles, etc ...$ 5 6 ,8 7 0 32
A d d lfm ^ stations, building* and yards.......... 13.381 27
Additional tidings, fencing, right of way, etc.. 33,991 75
104,239 34
M anitoba S. W. Colonization R ailw at .
Additional fencing..... ......................................... *7 ygy gg
« Idenlng cuts, embankments, filling Trestles) 4.4M6 04
Other expenses.....................................................
563 76
12,251 49
.........
A
d
d
,
r
n
S
a
i
D
n
e
«
Yard snarfna
‘1
Yarfi. engtna bouse. etc.Toutretnoni” . . .
4,565 96
Substitution of heavy rails and fasten■w i/*' rS*
t ,nt lighter rail* removed 72,795 65
Wld. cuttings, embank., filling treaties... 17,506 03
Columbia A K ootenay R a il w a t .
Bridges, grading, enrvey. etc.................................$1,601 02
Deduct amount charged In 1892 on survey... 9,641 93
Dedu#t........................................................................................
8,040 01
$385,011~79
THE CHUONICLE.
600
G E NE R A L
E L E CT RI C
COMPANY.
SECOND ANNUAL REPO R T-FO R THE YEAR ENDING
JANUARY 81, 1894.
To the Stockholders o f the General Electric Company:
Before considering the present condition of your Company,
your Directors deem it proper to revert to its situation a year
ago. It is believed that t>y so doing a clearer statement of
the existing condition of your Company can be made.
Your Company represents a practical union of the Eiison
Electric Light Company', the EdisonGeneral Electric Com
pany, the Thomson-Houston ElectricCompany and the
Thomson-Houston International Electric Company.
To acquire these Companies your Company issued the fo l
lowing securities (except as to $100,000 of its common stock
which was issued for cash):
Common stock................................................................................. $30,459,700
Preferred stock.............................................................................
4,251,900
Subsequently it sold for cash its 5 per cent Debenture
Bonds amounting to ..............
$o4,711,600
10,000,000
Total.......................................................................................... $14,711,600
Of this amount, $8,159,264 02 was shown in the last report
as representing the cost to the General Electric Company of
the Edison anu Thomson-Houston patents and contract rights,
and your interest in the patents of the Brush, Fort Wayne,
and other allied companies. (See pages 8 and 9 of last annual
report).
On January 31, 1893, your other assets were examined and
valued, and a report on the condition of your Company was
made to the stockholders at their annual meeting in April
last. This examination was conducted under rigid instruc
tions from your Board of Directors, that material on hand,
stocks, bonds, customers’ notes and accounts, etc., should he
carefully scrutinized, and should be valued on a most conser
vative basis. The complex organization then existing (re
ferred to further on in this report) and the fact that the
amalgamation of the various interests represented by your
Company bad been so recent, made the task an especially
difficult one at that time, but the statement made by those
directly responsible to the Board was that the instructions
of the Directors had been strictly carried out.
Your Company had inherited stocks of manufactured goods
in the principal cities in which District offices were located,
from Boston in the East, and Atlanta in the South to San
Francisco and Portland in the West. Notes and accounts re
ceivable, stocks, bonds and other assets were similarly dis
tributed. Each District Office had exclusive charge of, and
was presumably familiar with, the value of its own assets, and
was largely independent of the General Office. This defec
tive system, since abolished, rendered it exceedingly difficult
to arrive at correct conclusions, and notwithstanding the ef
forts of the officers, it led to grave mistakes in the estimates
of value of accounts, securities and inventories of merchan
dise.
The Edison Company, to a small extent, and the ThomsonHouston Company (the organization of which was mainly
adopted by your Company), to a greater extent, bad been in
the habit of doing more or less exploiting work, resulting in the
acquisition of stocks and bonds of local lighting and railway
companies. The Thomson-Houston Company had generally
been very successful in marketing these securities at profitable
figures. By the facilities which it had thus been able to af
ford to local enterprises, it was enabled to expand its business.
Your Company at the time of its organization assumed a
large number of such transactions which were in progress or
contracted for. The general policy of your Board, however,
since the organization of your Company, has been to curtail
transactions involving the acceptance of stocks or bonds for
anything other than license rights, except where for some
special reason it has been deemed advisable to accept them,
as in settlement of disputed or doubtful accounts.
Among the most important transactions of the character
above referred to were those with newly-organized companies,
and this class of business had been very extensive in the
South and West. The financial and industrial collapse in
these sections in the Spring and Summer of 1893 affected
your Company severely, and very many accounts, notes and
investments assumed as good a year ago must now be recog
nized as of diminished value. The same is especially true as
to the Northwest, where your Company’s output was sold
through the Northwest General Electric Company, formerly
known as the Northwest Thomson-Houston Company.
As you are aware, the Thomson-Houston Company had
large interests in various construction and manufacturing
companies, notably the above-mentioned Northwest Com
pany, tJve Fort Wayne Electric Company, the Brush Electric
Company, and others; the whole standing on its books at
about $5,500,000. At the time of the last Annual Report,
statements were obtained from the officers of such companies,
and it was estimated that something less than one-half of this
investment was represented by patent rights and something
over one-half by other assets. Unknown to your Board of
Directors, some of t.bese companies became unduly expanded
during the Winter an d Spring of 1802-3, and the stringency
which began in April and culminated last Autumn caused
them to suffer grea'ly. Your Directors have reduced your
[V o u L V in .
entire holdings of Fort Wayne and Northwest stocks to a
valuation of $1 each, exclusive of the amount carried in
patents.
After protracted negotiations, the Northwest Company has
been put in liquidation, and the territory controlled by it has
reverted to your Company.
It is needless to say that the past year has been a most try
ing one to all corporations. It has been especially so to com
panies like your own, dealing with local enterprises situated
in all part's of the United States and largely dependent on
normal conditions for their success and development. During
the summer of 1853, even oid and strong customers were
obliged to ask for leniency in paying their accounts and notes.
Under these circumstances, your Company found itself with
its own obligations to meet, but unable at that time to collect
the money with which to meet them. The difficulties thus
presented were carefully considered by your Board and were
met by selling to a syndicate certain of the Company’s assets
consisting of claims against, and stocks and bonds of, local
lighting and railway companies, the same being of a class of
which your Company sold several million dollars in 1892 and
which your Directors, in their last report (pages 6 and 7), said
they intended to continue to sell from time to time, as hereto
fore, “ through the ordinary channels.” The channels through
which your Company usually made such sales having become
unavailable, owing to the panic, your Directors adopted a plan
used on several occasions in the earlier days of the ThomsonHouston Company, and made the sale of assets above de
scribed to a syndicate which paid over $4,000,000 in cash.
Although the transaction involved a large shrinkage from
book valuations, the sale was at a price high under the condi
tions then prevailing. Few of the securities sold were listed
on any exchange or commonly dealt in, and it was not possi
ble to effect a ready sale except in bulb to a syndicate. These
assets were placed in a trust known as “ The Street Railway
and Illuminating Properties.” After the financial stringency
had subsided, the right to subscribe to them was offered to
the stockholders of your Company.
The depreciation in value of the assets thus sold applies
equally to those still on hand. Holders of stocks and bonds
of almost every kind find them quoted to-day much lower than
a year ago, and this Company, as a holder of electrical stocks
and bonds, is no exception to the rule. In fact, the shrinkage
in values of electrical securities has been greater than in most
others. The last year has been characterized by shrinkage in
every direction, and your Company has suffered severely
from it.
Since the combination of the Edison and Thomson-Houston
Companies in 1892 your Directors have been earnestly endeav
oring to simplify your organization. As a result of the union,
your Company suddenly came into control of some twenty
Sub-companies, all engaged in active exploitation and having
their own separate Boards of Directors and independent man
agements, with separate accounts and liabilities. A t first
your Board had little success in its efforts to centralize and
simplify the organization, but the events of the last summer
emphasized the necessity of radical changes so unmistakably
as to secure the co-operation necessary to effect the desired
results. The “ District Offices” are practically abolished, ex
cept as mere sales-offiees. The business management of the
Company has been concentrated at its principal office at
Schenectady and its whole organization has been greatly sim
plified. All accounts are kept there, and all sales and credits
are supervised there. So far as practicable, your manufac
turing business has been and will be concentrated at Schenec
tady; and the operations of its other factories are now di
rected from there. During the short time since this change
was effected, many advantages have accrued to the Company
from this concentration of the selling, accounting, manufac
turing and engineering departments of the Company.
Besides the shrinkage in the inventory value of the securi
ties of local and other companies hereinbefore mentioned, as
sold and on hand, there is a shrinkage in [the inventory value
of apparatus and material at factories and storerooms and of
machinery and fixtures at storerooms amounting to $2,382,012 94. This shrinkage is partly due to the fall in value of
material manufactured and in process of manufacture, and
partly to the development in electrical science which has been
so great during the last year or two that apparatus which at
the time of the last inventory was looked upon as commercial
has been superseded by entirely new and superior types. Con
sequently, the older apparatus has become unsalable, or of
slow sale, and most of it has been reduced to “ scrap ” value
and the remainder to much les3 than cost.
FINANCES.
On July 31, 1893, the direct and indirect obligations of the
Company (including the Edison, Thomson-Houston and Inter
national companies), exclusive of the debenture bonds, were :
Direct obligations—
Notes payable.............................................................. $4,446,000
Dividend..............
609.000
Accounts payable and accrued iuterest........... 1,579,000
Total direct obligations...................................... $6,634,000
Less cash on hand................................................ 1,291,000
Net amount of direct obligations.......................$5,340,000
Indirect obligations—
Paper discounted under endorsement................. $3,394,000
Net amount of direct and indirect obligations
July 3 1,1 3 93 .......... ................................................................ .
$8,734,000
601
THE CHHONICLE.
A pril 7, 1894.]
On January 31, 1894, these matters stood as follows:
Direct obligations,
Notes payable.......... .......... - ..................
Accounts payable, accrued interest,
$744,000
406.000
-
$1,150,000
591.000
Total direct obligations.
Less easlt on baud..........
Net amount of direct obligations....... ...................
$559,000
Indirect obligations.
Paper discounted under endorsement, guaran___
ties,
.................................................................... $^,425,000
Nst amount of direct and indirect obligations
Jauuary 31, 1S94...................................................
...........
£1.984,000
Redaction of debt in sis months.........................
Of which there was received from direct Hailway and Illuminating Properties.......................
s6,7n0,000
Reduction of debt from other sources iprioeipain* collections of notes and accounts re
ceivable)...................................................................
4.050,000
S2.700.000
This reduction does not disclose ail the improvement of the
last six months. The indirect obligations o f the Company
arising from its endorsement of discounted Notes Receivable
were six months ago almost as embarrassing as its direct debt,
as the larger part of them had to be provided for by year
Company at maturity, their makers being unable to take care
of them. To-day no paper is under discount except such as it
is believed will be paid bv the makers: consequently the indi
rect obligations of the Company are nominal rather than re 3l.
At the date of this report the direct obligations have been
reduced to about $750,000. which are partly offset by about
$400,0C0 cash on hand, and the paper under discount is re
duced to about $750,000.
In addition to the above, there are still outstanding some
important guaranties given two years ago by the ThomsonHotnton Company to the United Electric Securities Company,
whereby in o n e form and another it is claimed that the Thomson-Houston Company (and, practically, the General Electric
Company) is bound to lake back from the Securities Company
certain bonds of Local Companies at a valuation o f $702,000.
The liability has been in par: arranged for by substitution of
other securities, and it is not thought that such guaranties
will involve any considerable cash outlay, although their
ultimate adjustment may result in some loss.
Your directors believe that the note- and accounts receiv
able, and such stocks, bonds, etc., as it is undesirable for the
Company to hold permanently, can, with some delay and
patience, be collected and marketed to such an extent as shall
not only liquidate the small amount of remaining obligations,
but sharl also supply all necessary working capital. E irnest
attention is being given to the sale of these a*sets.
While the liquidation of the debt has been going on, the
Company has also readjusted its basis for sales, cither to cash
or to Bhort credits to desirable customers. In view o f the ex
treme depression and the uncertainty as to the early future,
your directors have not felt justified in any other course than
that of adhering strictly to sales on this basis. It Is believed
that your Comptny has lost little legitimate business in con
sequence of its curtailment of credit to customers. It intends
to confine its business to this basis, and to accept smaller
profits.
Your Directors do not believe that It will be possible for
some time to come to do as large a business as was done by
the Company prior to the panic, although a gradual improve
ment has been apparent during the last two months. The
street railway business, which to a considerable extent was
formerly done through syndicates and promoters, many of
whom have become embarrassed, promises to be smaller
than during the previous year. Arc lighting business is also
reduced, largely because o f the inability of local companies
to secure capital with which to extend their business for the
purpose o f carrying out municipal contract*. The business
of the Company, with respect to incandescent lighting,
which is to a great degree performed by strong and conserv
atively managed local companies, is in a more healthy con
dition, and has not suffered ao severely. The business in
plants for the distribution of electrical'power is promising,
and many important installations are in progress. The ap
plication of electricity to various mining purposes, such as
hauling, hoisting, drilling, etc., is increasing. The future in
this respect is promising. The increase in the number of
local lighting and railway companies is shown by the follow
ing table :
important patents belonging to the Company. The “ feeder
and main'’ patent, which is of fundamental importance, par
ticularly for low tension lighting plants, has been sustained by
the Circuit Court for the District of New Jersey.
The litigation on the incandescent lamp patent has been
generally successful, although the most strenuous efforts have
been made by infringers to defeat the patent or to devise some
form of lamp that would be outside of it. In two instances
we have met with reverses in this litigation which have proved
to be comparatively unimportant. In these instances we are
advised there is a strong probability that we shall ultimately
prevail. The efforts to evade the patent by so-called “ lamp
repairs,” and by injecting a harmless amount of inert gas into
the bulb, have been defeated,
Onr counsel are hopeful that the Courts will so construe
the law that the lamp patent will run for the full term for
which it was granted, in spite of the fact that the situation is
somewhat complicated by foreign patents. If we succeed in
maintaining this position, the pateat will be of substantial
value to the Company for some years.
Owing to the inevitable delays of litigation, the important
cases on patents for railway work, upon which we place
great reliance, have not yet come to hearing. It is expected
that many o f these cases will be determined during the com
ing year.
No final decision has been rendered against the Company
on any patent. Daring the p tst year several such suits against
the Company have beeu decided in its favor, notably the suit,
on the patent for the hydro carbon treatment of the filament
of incandescent lamps which has been disposed of in our
favor by the decision of the United Statsa Circuit Court of
Appeals.
Upon the whole, the patent situation seems to be promising,
and we believe that at the next annual meeting we shall be in
a position to report substantial progress.
All expenditures for patents and patent rights during the
year under review, and all expenses of patent litigation, have
been charged to operating expenses.
STATEMENTS OP ACCOUNTS.
*
There are submitted herewith:
Consolidated Balance Sheet of the General Electric Com
pany, including the underlying companies, viz.: The Edison
Electric Light Company, the Edison General Electric Com
pany, the Thom*on-II>uston Electric Company, and the
Thomson-Houston International Electric Company, as of Jan
uary 31, 1894:
Statement of Profit and L m Account as]of same]date:
List of stocks and bonds owned.
In explanation of the Items in thy B dance sheet, your
Directors deem it proper to state, as follows:
M anufacturing P lants.
In the last Annual Report, pages 9 ami 9. the Edison
Cteoeral Electric Co's plants at Schenectady and Har
rison were carried a t ........................................................... ¥2.077,54? 09
The XhtBimjQ-Honston CVs plant at Lynn was carried at 1,249,068 77
in addition there were snndtv smatl nil*, ll!lies and tools
included In the report in tho Lynn tuclory’s Inven
tory A ccount.......... ................................................... .........
40,913 35
Making the total manufacturing plants on Jan. 3 1 ,1S93. $3,953,528 21
During the year the turn of $884,859 11 has beeu expended
in additions to the manufacturing plants and their equipment.
On the other hand, the sum of $902,058 84 has been written off
to Profit and Loss for depreciation, leaving the cost of such
plants on the books $8,941,188 98, which is $17,399 23 less than
they were carried at January 81,1893.
Stocks and Bonds o r Mascfactcring Companies.
This is an investment account in the Stocks and Bonds of
various companies, and it is believed to be conservatively
valued. Details will be found in Schedule A.
Stocks and Bonds of L c al Comp Asms.
o
A list of such stocks and bonds owned by the Company is*
annexed hereto (Schedules B and C), and, as will be noticed
in the Profit and Loss statement, a great shrinkage has been
made in the valuation of the securities shown in said sched
ules in order to reduce their book value to what ii believed to.
be within their real value.
iNvxsToar and Consignments.
The supplies of raw material, manufactured gools, and
goods in course of manufacture, at the factories, have been
M . 1. Feb. I, Feb. 1, carefully inventoried, item by item, and a reduction of $ 1 ,'_
1892.
1893.
1894. 217,142 81 lias been made from the sum at which they were
Total aamber of local companies operating
taeawtMMMia»4 arsMfebts............ .
t ,l $ ?
1,277 1,479 previously carried. The supplies of finished apparatus in the
Total number of railway compank-v.................... 214
435
511 different local salesrooms of the Company and on consign
ment have been dealt with in the same manner, and the sum
LICENSER COMPANIES.
of $940,365 03 has been charged off on them.
The substantial and permanent character of the business
N otes ano A ccounts.
d local illuminating companies, distributing light and [o v e r
As to the Notes and Accounts Receivable (of over 6,000 cus
oy the method**, and protected by the patents, controlled by
vour Company, is more widely recognized year by year. The tomers) there is, in many instances, among those whose duty
rue interests of this Company lie in advancing the interests it is to pass upon their value, a wide difference of opinion.
'if its licensees in every possible way, and to this end prices They have been classified item by item, and your Board has
>t apparatus have been reduced during the past ye ir, and the taken them at the lowest suggested valuation. The amount
icensees will continue to receive, from time to time, the bene- includes $2,531,609 88 due by the Fort Wayne, Northwest
and other allied interests.
lt of further reductions in cost of manufactuie.
PATENTS,
Substantial progress has been made during the year in the
>rosecutioo of suit* against infringers of many of the more
Work in P rogress.
This represents the amount charged tip against installations
in progress, and is believed to be valued safely.
THE CHRONICLE.
602
ORGANIZATION.
Numerous vacancies, principally due to resignations, have
■occurred in your official organization during the year and
have been filled as indicated in the list of officers which ac
companies this report. The selections to fill such vacancies
have, in every instance, been made in recognition of general
merit and of fitness especially displayed during the severe
strain of the last eight months.
During the year, the entire internal organization of your
Company has been readjusted and the number of departments
has been reduced. This has resulted in a large saving of ex
CONSOLIDATED BALANCE
ASSETS.
P a t e n t s a n d F r a n c h is e s .................. .........
M a n u f a c t u r in g P l a n t s .............................
R e a l E s t a t e (not including Factories):
$8,159,264 02
3,941,128 98
Edison Building, N. Y. City...................
Less mortgage thereon...........................
$412,350 13
200,000 00
Other Real Estate....................................
$212,356 13
111,329 10
o f M f g . Co’s (Sohedule A).........
an d Bonds o f
L o c a l Co m
p a n ie s (Schedules B and C)...................
S tocks
8 tocks
323,685 23
2,723,493 17
Ca s h ...................................................... ........
L v ra ,
pense and increased efficiency. Your Board now feels that
the personnel of your organization is adjusted in a manner
where few changes among subordinates are likely to be made
in the early future, and a general appreciation of this fact
will lead to more efficient work than was possible during the
transition period.
All of which is respectfully submitted.
By order of the Board of Directors.
C. A . COFFIN,
President.
S c h e n e c t a d y , N. Y ., April 2,1894.
S H E E T '-J A N U A R Y
31,
1894.
LIABILITIES.
C a p it a l St o c k :
Common..............................
$ 3 0 ,4 5 9 ,7 0 0 0 0
4,251,900 00
Preferred.........................................- .........
$ 3 4 ,7 1 1 ,6 0 0 00
$2,767,470 58
5,490,963 75
8 ,9 3 4 ,1 5 9 75
5 % G o l d C o u p o n D e b e n t u r e B o n d s ..
M o r t g a g e s .................... ..................................
A c c r u e d I n t e r e st o n
Debenture
B o n d s ....................................
N o te s P a y a b l e ..............................................
A cc ou n ts P a y a b l e .......................................
Su nd ry
10, 000,000 00
2 6 ,2 0 0 00
$ 8 3 ,3 3 3 32
7 4 4 ,3 4 1 31
3 2 3 ,0 8 4 82
1,150,759 45
39,889 78
c r e d i t s ..............................................
$591,143 88
N o t e s a n d A cc ou n ts R e c e iv a b l e (F a ce
v a lu e $ 1 4 ,9 8 4 ,6 9 7 4 2 )................................
[V ol.
9,525,303 63
I n v e n t o r ie s :
At Factories.............................................. $3,349,012 94
A t Sales Offices (incl’g consignments). 1,485,749 68
W o r k in P r o g r e s s .
P r o f i t a n d Loss...
4,834,792 62
1,198,343 58
12,454,967 42
*45,928,449 23
$45,928,449 23
CONSOLIDATED
STATEMENT OF PROFIT AND LOSS1—JANUARY 31,
CR.
DR.
I n t e r e s t o n D e b e n t u r e B o n d s .........................$ 4 9 9 ,8 9 3 62
D iv i d e n d s ............................................................. 1 ,6 5 5 ,1 5 0 5 0
T a x e s ............................................................
195 ,45 7 31
W o r l d ’ s F a i r E x p e n s e s ........................................ 2 4 1 ,8 7 7 52
$2,592,378 98
A m o u n ts n o w Ch a r g e d o f f :
O n P a t e n t s ......................................................; .........................
“ N o t e s a n d A cc ou n ts R e c e iv a b l e a n d o n S t o c k s
a n d B o n d s So l d a n d o n H a n d ...............................
“ M a n u f a c t u r in g P l a n t s ................................................
“ I n v e n t o r ie s a n d C o n sig n m e n t s ...............................
“ M a c h in e r y , T o o l s , I n st r u m e n t s a n d F i x t u r e s
G e n e r a l E l e c t r ic C o .’ s S u r p l u s J a n u a r y 3 1 .1 8 9 3 .. $ 1 ,0 2 4 ,9 5 4 59
MANUFACTURlnG AND SELLING PROFITS AFTER DE
3 ,1 8 9 ,8 8 4 37
DUCTING G e n e r a l E x p e n s e s ................................................
D iv i d e n d s a n d I n t e r e s t o n St o c k s & B o n d s O w n e d .
4 3 3 ,2 9 3 06
I n t e r e s t , D is c o u n t a n d E x c h a n g e .....................................
7 6 ,7 4 5 63
D e b it B a l a n c e C a r r i e d F o r w a r d ..................................... 1 2 ,4 5 4 ,9 6 7 42
733,870 75
10,444,318 78
902,058 34
2,157,507 84
224,505 10
125,205 31
—Other than at Factories........................................
“
1894.
S u n d r y L o s s e s ..................................................................
$17,179,845 07
* General Electric Company, Edison Electric Light Company, Edison General Electrio Company, Thomson-Houston Electrio Company and
Thomson-Houston International Electric Company.
*
E. & O. E.—S c h e n e c t a d y , N. Y „ April 2, 1894.
J. P. ORD, 2d Vice-President.
( S C H E D U L E A .)
STOCKS OF MANUFACTURING AND OTHER COMPANIES.
Par Value.
corporate name.
Address.
$26,300 Oo
Brush Electric Co. (Pref.)......................... Cleveland, O___
96,500 00
“
“
“ (Pref. Guaranteed.)..
“
___
“
“
“ (Com.)..........................
“
___ 1,995,200 00
Canadian General Eleotric Co................. Toronto, Can___ 1,250,000 00
28,200 00
Electric Corporation. (Subscription.) . . . Boston, MaBS___
E. C. Morris Safe Co. (Pref.)....................
“
___
3,600 00
Excelsior Electric Co................................. Brooklyn, N. Y ..
387.000 00
Fort Wayne Electrio Co ........................... Ft. Wayne, Ind.. 1,921,850 00
Ft. Wayne Trust Securities. (Series A.). .Boston, Mass___
9,776 00
Ft. Wayne Jenney Eleotric Light Co___ Ft. Wavne, Ind..
365.000 00
549,850 00
Northwest General Electrio Co............... St. Pual, Miun..
Otis Electric Co............................................Y'onkers, N. Y ...
174.000 00
Pennsylvania General Electric Co........ Philadelphia,Pa.
468.000 00
Schuyler Electric Co
..........................Middletown, C t.
50.000 00
Schuyler Electrio Mfg. Co. (Com.).........Hartford, Conn..
84.000 00
“
“
•
’
“ (Pref.).........
“
307,930 00
Swan Lamp Mfg Co..................................Cleveland. Ohio.
33.000 00
Shares of St. Ry. & IUum. Properties___Boston, Mass___
6,400 00
United Electric Securities Co. (Com)...................................
500.000 00
“
“
“
“ (Pref)...................................
23,100 00
Total (carried on Balance Sheet at $2,767,157 58)....$8,279,706 00
In addition to the above the Company owns stooks of various other
manufacturing, <&c., companies of a total par value of $6,037,310 00,
whioh are Carried on the Balance Sheet at a total value of $313 00.
(S O H E R U L E » . )
STOCKS OF LOCAL COMPANIES.
corporate nam e.
Address.
Par Value.
Andover Electric Light Co ............. ........Andover, Mass.
*2,000 00
Appleton Edison Electric C o .................Appleton. Wis
15,000 00
Austin Electric Co...................................... St. Paul, Minn..
50,000 00
Buffalo General Electrio Co.................... Buffalo, N. Y ..
260,000 00
Compagnio Francaise ..............................Paris
___
20,072 12
Citizens’ General Electric Co. (Pref.)___Louisville. Ky..
12,300 00
Com. Ononitna del Alumb. EldePuebla Puebla. Mexico.
15,000 00
Cambridge Electric Light Co................. Oambr’ge, Mass
2,700 00
Citizens’ Electric Light & Power Co___Dayton, O .........
1,790 00
Cleveland General Electrio Co. (Com.)..Cleveland, O
200,000 00
“
“
’’
“ (Pref.)..
16,000 00
Chester Electrio Light & Power Co....... Chester, P a ____
1,750 00
Chicago Edison Co............ ........................ Chicago, 111.......
2,666 67
Cooperstown Gas & Electrio Co................Cooperst'n, N. Y
2,250 0 0
Canton Electric Light & Power Co_____ Canton, O..........
12,200 00
Columbus Edison EleotrioLight C o ... .Columbus, O
2 3 ,1 0 0 0 0
Dillon General Eleotrio Co........................Dillon, Montana
4 0 ,0 0 0 0 0
Eastchester Eleotric Co............................. Eastehest’r. N.Y.
Edison Electrio Illuminating Co............ Paterson, N. J._
“
•
•
“
” ..............New York, N. Y .
“
“
“
“ ..............Brooklyn, N. Y ..
“
“
“
“ ..............Cumberland, Md.
“
“
“
“ ..............Newburg, N. Y .
“
“
*
’
“ _______ Altoona, Pa........
“ Eleetrie Light & Power Co.......... Kansas City, Mo.
“
“
..................... .
“ ............York, Pa..............
“
“
“
“
“
“ ............Erie, Pa...............
Elgin City Railway Co...............................Elgin, 111..............
Essex County Electric Co......................... Orange, N. J........
Fargo Gas & Electrio Co........................... Fargo, N. Dak...
First Cincinnati Edison Elec. nig. Co...Cincinnati, O
Grand Rapids Edison Lt &Fuel Gas Co.Gr, Rapids Mich.
Glens Fal's Elec. Lt. & Pr. Co. L td........ Glens Falls, N.Y.
Grinnell Electric Light Co........................Grinnell, Iowa...
Hackensack Edison Lighting Co............Hackensack, N.J.
Hollister Light & Power Co...................... Hollister, Cal___
Johnstown Electric Light Co.................. Johnstown. P a..
Kansas City Suburban Belt Line RR. Co.Kansas City, Mo.
Laramie E. G. L. H. & Fuel Co............... Laramie, W y___
Little Falls Electric Light & Power Co..Little Falls, N. Y.
McKeesport Light Co................................ McKeesport, Pa.
NapaThompson-Houston Light Co........ Napa, Cal.............
Natick Gas Light Co................................... Natick, Mass
New OmahaT-H. El. Light Co. (Com.(..Omaha, Neb.......
Newport Hluminating Oo......................... Newport,R. I ....
Northwest Electrio Co.............................. Winoipeg, Man.
Portland General Electric Co. (Com.(...Portland, Ore_
_
Philadelphia Cons. Co................................ Philadelphia, Pa
Roseburg E. L. & Power Co ................. Roseberg, Wash.
San Luis O. B. T-H. Eleotric Co............... S. L. Obispo. Cal.
Scranton Illuminat’g Heat & P’r Co....... Scranton, Pa___
Skowhegan Eleotric Light Co...................Skowhegan, Me..
Suburban El. Ill’g Heat & Power Co. .. Newport, Kv .. .
Standard Light & Power Mfg. Co............ Montpelier, V t...
Stoughton Electric Light Co....................Stoughton, Wis..
Thompsou-Houston El. Lt. & Pr. Co_ Quincy, 111...........
_
Trenton Light & Power Co........................ Trenton, N. J___
Union Elektricitats Gesselschaft............Berlin....................
Visalia Gas Light & Heat Co.................... Visalia, Cai.........
Westboro Electrio Light & Power Co.-.Westboro, Mass.
Wilkesbarre Electric Light& Power Co. Wilkesbarre, Pa.
$32,645 00
31.500 00
700,200 00
8.300 00
8.500 00
29,650 00
10 ,0 00 00
14.200 00
13.200 00
14,400 00
40.000 00
5.000 00
20.000 00
8,700 00
29.000 00
550 00
1.000 00
59.500 00
250 00
18,600 00
4,080 00
16.500 00
2.500 O
O
8,900 00
33.500 00
10,100 00
30,600 00
36.700 00
20.000 00
527,800 00
4,375 00
20,000 00
800 00
42.000 00
4.300 00
16,415 00
1,000 00
1,200 00
2,200 00
55.000 00
163,000 00
14.700 C
O
1,620 00
10,100 00
Total (oarried on the Balance Sheet at $1,362,294 62). $2,750,313 79
In addition to the above the Company owns stocks of various other
local companies of a total par value of $3,713,717 03, which are
carried on the Balanoe Sheet at a total value of $4,754 75.
THE CHRONICLE.
A pril 7, 1894.J
(S C H E D B L K
BONDS.
603
u (Tommercial gim.es.
C .)
CORPORATE name .
Address,
P ar Value.
Asheville Street Railway C o............... . . . Asheville. N. C ..
$U.OOOOo
Atlanta Consolidated St. Railway C o...A tlan ta. Ga------18.000 00
C O M M E R C I A L
E P I T O M E .
Bangor Electric Light & Pow er C o ....... Bangor. Me-------61.500 00
Consumers’ Light & Pow er C o ...............Little R o o t, A r t.
27.000 00
F riday Night, April 6 ,1 8 9 4 ,
Chicago North Shore St. R r. C o..............Chicago. Ill..........
94.000 00
Cumherlatid E lectric Light & P. C o .....N a sh v ille , T enn.
100,000 00
The following is a comparative statement of stocks of
Chattanooga Electric Light Co...............t ’ h'tt'n’oga, Tenn
57.000 00
leading articles of merchandise at dates given:
“
"
20,000 00
Chattanooga E lectric St. By. Co............
Central Market Co..................................... Chicago. I ll.........
1,600 Oo
Colombian Intram ural Uy C o................
"
“
250,000 00
1894.
1894.
1893.
Citizens General E lectric Co................... Louisville, K y ...
115.000 00
Marc/1 1.
Aprti 1.
A pril 1.
25,000 00
Charleston Light & Power Co............... .< liarleston, 9. C.
Consolidated Electric Light C o .............. Binnlogh'm.AJa.
79,000 00 P ork 9,659
11,553
8,102
Covington Electric Light Co................... Covington, K y ..
7,000 00 Lard..
9,748
11,737
7,040
Concord Land A W. P, C o ........................ Concord, S. H . ..
74,500 00
14.243
14,399
15,871
Balias E lectric Co
................................Dallas, T e x a s ...
1,000 00 Tobacco, foreign................bales.
45,817
50,040
44,835
Dayton E lectric Light Co ........................Dayton. O h io. . . .
282.000 00 Coffee, M o ............................ bagB.
210,416
187,185
205,983
Georgetown Water Co...............................Georgetown, Ky
5.000 00 Coffee, other........................ bags,
20,653
29,730
32,775
2,500 00 Coffee, Java, & c............... ..mats.
Greensboro E lectric Light & P. C o ....... Greensboro. N.C.
39,350
74.629
90,000
H” ■
■
■........... N. A ; :r:-.
■800 00 S ugar..------ ------------- -— .hhds.
274
None.
3.233
Jackson Light & Pow er Co.......................Jackson, M ich...
83,000 00Sugar................
boxes.
None.
None.
None.
Kingston Electric C o............................ .. Kingston, 5 . Y . .
7,000 00Sugar.............................bags, Ac.
9.130
96,125
118,183
K noxville street Railroad Co ............. ..K n ox ville,T en s.
6,000 00
Ifelado..................................hhds.
None.
None.
None.
Lee E lectric C o ........................................ Lee, Mass............
11,000 00 Molasses, fo r e ig n .............. hhds.
107
None.
80
Los Angeles Cons. Electric Ry. Co........ Los Angeles,Cal.
41,440 00 Molasses, domestic ............ bbls.
2,000
2,600
2.500
Metropolitan Street Railway Co............. Macon, G a ..........
45,000 00 Hides........................................No.
170,000
163,600
306,800
Manhattan Electric- Light Co...................New York C ity ..
52,000 00 Cotton.....................
251,276
273,071
bales.
250,304
Madison City Ky. C o.................. ........... .Madison. W i* .„ .
22,000 00 Ro&ln......................................bbls.
2«.605
38,539
35,081
Hiddleboro Gas & E lectric C o ............... Middl'b'ro.Mass.
45,000 0 0 |Spirits turpentine................bbls.
2.179
1,995
2,103
Milwaukee Street Railway Co — ...................................Milwaukee, VYIs.325.000 00
2,147
Tar.........................................bbls,
732
3,858
15,000 00 Rice, E. I ..............................
M onoogabela E. L. A P. Co..................... Homestead, P a ..
2,900
15,000
18,000
Mobile Transportation C o........................-Mobile. Ala
..
100.00 ) oo Sloe, dom estio_____ _____
2,000
18,000
3,700
Narrogansett Pier E. L. A P. Co........... Mar. Pier. R. I ..
1,000 00 Linseed ............................... bagB.
None.
None.
Nona.
Natick Electric C o .................................... Natick, Mass . . .
17 ,500 00
14,500
4,700
6,600
Saltpetre..................
bag*.
North R iver Electric Light A P. Co....... New York City .
2,1X1000 Intebutta.....................
20,600
6,000
bales.
6,000
Ottawa E lectric Street Railway Oo........Ottawa. B B .........
51.000 00 vfanllahemp..... .. .............bales.
4,470
1.000
1.750
Ocala Light < Power Co.......................... Ocala. Fla ........
fc
10,000 00 Sisal hemp............ ............ bales.
3,900
11,243
9,761
7,500 00 Flour.................bbls. and sacks.
Oakaloosa Edison Light C o.................... Oskalooaa, W l»..
185.400
210.700
218,100
Oxford Lake L in e ........... ..........................Anniston, A la ...
175,000 o o
Otis Electric Co. ............ ............................New York City
20,000 00
In consequence of reports of small stocks of wheat left in
Public Works C ,>........................................Bangor. M e........ .
35,000 00
Queen City Railway C o........................
Dallas. Texas ..
85,000 00 producers’ hands wheat .has attracted investing demand and
Queen City E lectric Railway Co. ...........M arion, l e d ........
5,000 00 further advanced in cost, with evidence of increased attention
Raleigh Street R ailw ay Co...................... . Raleigh. N, C
25,000 00from foreign buyers toward the close. The coarse grains se
Sheffield Manufacturing C o .,..................SangerUee. N. Y.
£b'000
Standard Plate Glass C o ........................ Pittsburg P a ___
1.600 Oo ! cured better demand on export orders at firmer rates. Cured
Steuben vide Street Railway Co ............. Steubenville, o .
2,500 00meats have remained firm in tone. Dealings in general mer
8*. Cloud City Street Car C o.................... It. Cloud. M inn..
5.000 00chandise are expanding slowly and moderate conservative
200,000 o o investment in the ifloit staple commodities remains as a
Tacoma Railway <k Motor C o............... . .Tacom a. W ash.,
Town o f Buena V ista.................. .......... Buena Vista. Va.
1,600 00
marked feature of the commercial situation.
United E lectric See, Co., 1st Series........Boston. Mass . . .
1,000 00
"
“
'*
" 3d
*'
.........
"
....
47.1X10 00
Lard on the spot was lower early in the week, but later ad
“
'*
“
“ 7th '•
.........
....
41.000 00 vanced with a fair trade and closed steady at 7LgC. for prime
Matertown Heating, Lighting & P, Co. .W atertow n ,« . D.
2,000 00
39,000 00 city, 7‘60c. for prime Western and 8c, for refined for the Con
Weymouth Light »fe Power C o.................. Weymo th, Mass.
Wlaona General Electric C o.................... Winona, M inn.
20,000 00tinent. The speculation in lard for future delivery at this
Total (carried on Balance Sheet at $1,356,431 811. 52,765,940 00
In addition to the above the Company ow n s Bonds o f various other
bem puhiesof a total par value o f 814(5,621 30, w hich are ca n tod on the
Balance Sheet at a total value o f 312 00.
Union Pacific.— At Omaha, Neb,, April 3, Judge Caldwell,
Judge Rioer concurring, delivered the opinion in the wages
question of the Union Pacific employees who protested
against the cut of pay o f enginomen and trainmen which the
company had proposed and Judge Dundy ordered March 1,
but which had been suspended pending appeal to Judge
Caldwell. Judge Caldwell ordered that the old schedules,
rules and regulations shall continue, subject only to such
modifications as had previously been agreed to, and he set
aside the Dundy order. He held that the Union Pacific em
ployees were not paid more than those on similar roads under
market has been quiet. During the first few days of the week
prices declined under realizing sales by longs, but subsequently
manipulation at the West caused an advance and the close
was steady.
July.'
»A1LT cuts ISO rttICKS OV I.Ait!) FOTUItKS.
Sal.
Mon.
rues.
Wed. lhurs.
7-50
7-60
7*15
7-35
7 50
7-50
T 12
7X 0
7-35
7*30
6-98
7-02
PH.
7-55
7*50
7-25
Pork has met with a good trade and prices have advanced,
closing firm at $13 50@$14 for mess. Tallow has been quiet
but steady at 43^o. Cut meats have been in moderate demand
and firm. Cotton seed oil has been firm but quiet, closing at
37c. for prime crude and 32e, for prime yellow.
Raw sugars sold very slowly and have further declined in
value, but offerings are careful at current rates. Centrifugal
similar conditions, or more than waa just.
quoted at 2Kc, for 96-deg. test and muscovado at 2J<[c. for 89Wabash.—The Wabash Railroad Company gives notice to (leg. test. Refined sugars moderately active without import
the holders of the North Missouri Railroad first mortgage ant change in value; granulated quoted at4%C.
Coffee baa sold slowly with an inclination m buyers’ favor,
bonds, due July 1, 1895, and St. Louis Kansas City & Northern
Rio
real
estate and
railway mortgage
bonds, due Sept. but careful offerings prevented positive weakness.
I, 1995. that exchanges may be made for the first mort quoted at lTJ^c, for No. 7 flat bean, good Cucuta '2l@2l%o.
gage bonds of the company at any time before June 1 next, at and interior Padang 28@24c. On the speculative market the
the office of the company. The exchange will be made by rate was held steadily until toward the close, when fuller
giving par in Wabash first mortgage bonds and accrued in offerings created slight weakness. To-day the tendency is
terest to May 1, 1894, payable In cash.__________________ still in buyers’ favor.
The following were the final asking prices :
— Messrs. Redmond, K»rr & Co., of this city, and the Third Apr...................16-250. |July................... tr,-75o. I Oct.......... .........l4-70o.
Rational Bank and the State Street Safe Deposit
& Trust May.......... .. 161 0 c. Aug................... 15-3-XJ. N«v....................14-500.
Itompany of Boston, offer for sale, at 98 and accrued interest. Juno................ 15*0Cc. 1S e p t..................15 00c. I Doc ...................14-350.
II, 585,000 first mortgage 5 per cent gold bonds of the Wilkes- Kentucky tobacco has met with a light trade, but prices
Barre & Eastern Railroad Co., due in 1919, guaranteed have held steady. Sales 150 hhds. Seed leaf tobacco has
■’rtntipa! and interest by the New York Susquehanna & been in slow request and easy. Sales for the week were 700
Western Railroad Co. by endorsement upin each b md. The eases as follows : WO cases 1892 crop. New England seed leaf,
wttli are part of a
total
tissue of $3,000,000. of 24c.; 150 cases 1893 crop, State Havana, 10% 18c.; 200 cases
vhich $1,415,000 have already been placed.
They 1892 crop, Pennsvlvania Havana, 10t^®l2c.; 100 cases 1891
.re secured by a first mortgage'upon the Wilkes-Barre & crop, Wisconsin Havana, 9(§10c., and 150 cases sundries, 5@
eastern Railroad, extending from Wilkes-Barre to Strouds- 30c,; also 600 bales Havana, 68c.@$l 10, and 250 bales Su
lurg. Pa,, a distance of sixty-five miles, together with real matra, $2 8Vii $4 10.
Business in the market for Straits tin baa been quiet, but
•state, terminals, equipment and franchises. A t Strouds>org the road connects with the Susquehanna & Western and prices have advanced in response to firmer advices from
arms a part of the main line of that road between Wilkes- abroad, and the close was steady at 19 85c. Ingot copper baa
iarre and tidewater. The prices of oi l securities o f the New been without change and steady at 9'50c. for Lake, Lead has
■ ork Susquehanna 5: Western Companv are quoted consider- been quiet and prices have made a slight further decline,
ibly above par.
closing easy at 8'37J,£c. for domestic. Spelter has been quiet
" ‘®ur<leU’s Official Intelligence for 1894 has come to hand. and without change at 8'70c, for domestic. Pig iron waa
7
his is a standard work, now in Ua 13th year, issued under quiet and unchanged at $ ll@ 14 for domestic.
Refined petroleum has been steady at 5-15c, in bbls., 2'05c,
be sanction of the London Stock Exchange. It is invaluable
o those seeking information relating to the world’s securities. in bulk and 8-23c, in cases; crude In bbls, is unchanged,
Washington closing at 6c. in bbls. and 3-50c. in bulk; naphtha
( Messrs. W. J. Hayes St Sons of New York, Cleveland and 5 ;,c.
Crude certificates have declined, closing at 8D ie .
•oaton, offer to investors a selection of choice bonds netting asked.
rom four to six per cent. Their descriptive circular is mailed
Spirits turpentine has further advanced, closing steady at
t> Investors on application.
30(380J^c. Rosin has been dull but steady at $1 15(g$l 29 for
— Broadway & Seventh Avenue Railroad hoods are adver common and good strained. Wool is in better demand and
se! in another column by Mr. Herbert A. Eaton, 6 Wall St,
steady. Hops are quiet but steady.
THE CHRONICLE.
604
[ V o l . L V I II ,
In addition to above exports, our telegrams to-night also
tive us the following amounts of cotton on shipboard, not
Friday Night. April 6, 1894.
cleared, at the ports named. We add similar figures for
T he Movement of the Crop , as indicated by our telegrams New York, which are prepared for our special use by Messrs.
from the South to-night, is given below. For the week ending Lambert & Barrows, 24 Beaver Street.
this evening the total receipts have reached 54,279 bales,
ON SHIPBOARD, NOT CLEARED--FOB
against 45,292 bales last week and 49,855 bales the previous
Leaving
week; making the total receipts since the 1st of Sept., 1893,
April 6 at—
Other
Great
Stock.
France. Foreign Coast
Total.
6,522,235 bales, against 4,018,136 bales for the same period of
wise.
Britain.
1892-3, showing an increase since Sept. 1,1893, of 904,099 bales.
C O T T O N .
Sal.
Receipts at—
Mon.
Tues.
Wed,
394
......
3,261
603
1,944
......
3,495
91
487
.........
2,080
43
1,445
......
389
......
51
......
926
215
......
.........
139
2,330
......
67
......
232
....
678
211
......
......
850
1,661
......
121
.........
196
......
767
270
Philadelph’a&o
I ll
......
3,577
622
600
353
528
239
8
42
......
208
902
......
......
214
387
139
106
2
7.930
7,529
9,900
5,850
983
141
Tot’ls this week
Fri.
Thun.
Galveston.........
Velasco, &o___
New Orleans..
Mobile...............
Savannah.........
Brunsw’k,&o.
Charleston.......
Pt. Royal, &o.
Wilmington___
Wash’ton, &o.
Norfolk..............
West P oint...
N ’port N., «&
o.
New York.........
Boston..............
.........
84
2,194
211
789
.........
134
.........
56
356
203
......
.........
37
Total.
1,220
398
1,635
719
345
1,290
2,746
279
4,630
166
5,139
393
16,242
2,289
945
7,868
3,274
1,229
4.638
743
649
322
802
.........
879
1,969
53
3,534
2,128
802
2,203
2,356
441
4,968 18,102| 54,279
The following shows the week’s total receipts, the total since
Sept. 1, 1893, and the stock to-night, compared with last year
Receipts to
April 6.
Stock.
1892-93.
1893-94.
This Since Sep.
Week. 1, 1893.
This Since Sep.
Week. 1, 1892.
Galveston...
5 ,1 3 ! 965,158
Velasco, &o.
35,936
398
New Orleans 16,242 1,753,401
Mobile..........
2,289 190,173
32,254
945
Savannah.. .
7,863 906,916
77,016
Br’ wiok,&o
3,274
Charleston..
1,229 329,399
67,884
P. Royal,&o
4,633
Wilmington..
743 187,274
Wash’n, &o
499
Norfolk........
3,584 410,050
West Point
2,123 227,130
N ’p’tN., &0
52,364
802
New Y ork...
68,705
Boston.........
2,203
83,518
Baltimore...
2,356
53,284
Philadel.,<feo.
441
46,274
5,461 1,004,197
44,414
576
17,872 1,421,140
1,116 159,230
150
27,331
7,015 718,124
102 140.213
2,525 269,028
425
1,116 156,387
6,943
1,580
193
2,674
1,308
1,692
1,216
246,955
184,054
18,481
10,563
68,868
55,840
42,126
1894.
1893.
190,734
23,198
46,675
2,271
263,517
22,546
59,342
232
38,370
55,744
2,700
29,512
9,939
11,735
48,S15
6,122
1,441
246,251
7,500
20,643
14,153
39,131
4,863
840
278,557
13,900
13,147
11,103
48,183
Totals.
5 t,279 5,522,2351 51,569 4,618,136 714,953 796 246
In order that comparison may be made with other years, we
give below the totals at leading ports for six seasons.
Receipts at—
1894.
1892.
1891.
Galves’n,&o.
New Orleans
M obile.........
Savannah...
Cliar’ton,&c.
Wilin’ton,&c
Norfolk.......
W. Point,&c.
All others...
5,537
16,242
2,289
7,863
5,867
743
3,564
2,930
9,219
6,037
17,872
1,116
7,0 45
2,525
1,116
6,943
1,773
7,142
3,887
24,233
1,342
11,784
2,030
626
6,663
6,555
6,828
9,671
2.225
18,218
8,136
3.576
1,225
12.579
1,659
8, >32
383
-»18
69
7,293
950
4,333 ' 1,296
7,913;
7,627
4,604
8.123
800
3,519
1,8 21
1,410
1,070
8,186
10,874
Tot. this wk.
54,279
51,569|
63,958
73,413|
1890.
23.570
1889.
42,571
150
26,056
39,334
6,724
5,771
1,754
4,490
5,873
4.000
1.500
None.
900
8.500
5.000
11.399
Total 1 8 9 1 ...
Total 1 8 9 3 ...
Total 1 8 9 2 ...
3,172
None.
None.
None.
12,0 00
8 ,2 0 0
7,800
None.
None.
17,643
11,974
4.700
1.700
None.
20,900
16,850
12,80;
173,091
36,209
54,642
36,670
23,198
27,945
229.401
47,230
30,263
13,583
86,567
628,386
37.515
49 923
10.175
9,806
80,470
101,834
715.776
863,959
2,92.4
700
200
None.
8 ,0 0 0
Speculation in cotton for future delivery at this market has
been conducted without spirit. Very few new orders were
received, and with the existing interests small, business rarely
went beyond the settlement or extending of engagements
into later months. Local feeling has slightly favored the
“ bull ” side upon the assumption that the general consump
tion of American cotton will fairiy balance the supply. Trad
ing during Saturday was very fair and the market advanced 7
points in consequence of a re-count of Liverpool slock, showing
discrepancy of 83,705 bales against the previous running fig
ures. On Monday the opening was firm again, with an
additional gain in value of 6 @ 7 points, but the price thus
reached proved a temptation to some of the holders of long
engagements, and as they sought to realize a sharp reaction
followed, reducing the net advance for the day to 2 points.
Nothing of importance developed on Tuesday, the fluctuations
proving moderate and trading principally among local oper
ators. During Wednesday operations were also slow, with
unimportant fluctuations, but yesterday the market strength
ened several points through influence of more promising
foreign advices and evidences of increasing attention from
domestic spinners. To-day, however, the cable reports eased
off somewhat again, and our market ranged lower on all
months with some selling out by small holders of long engage
ments. The sales of cotton on the spot have been moderately
active, the market closing at 7%c. for middling uplands.
The total sales for forward delivery for the week are 450,600
bales. For immediate delivery the total sales foot up this week
1,663 bales, including — for export, 1,368 for consumption,
— for speculation and 300 on contract. The following are
the official quotations for each day of the past week—
March 31 to April 6.
Rates on and off middling, as established Nov. 23 bv the
Revision Committee, at which grades other than middling
may be delivered on contract:
Fair...................................c, 1H on.
Middling Fair.................
7
g on.
Strict Good Middling....... ^
on.
Good Middling................... 6,6 on.
Strict Low Middling......... sI8 off.
Low Middling..................... 7IS off.
Striot Good Ordinary....... 14. g off.
40,407
1893.
None.
None.
None.
None.
None.
None.
150
None.
New Orleans...
Galveston........
8avannab.........
Charleston.......
Mobile..............
Norfolk............
New York........
Other port ___
Good Ordinary................o.
Good Middling Tinged...
Strict Middling Stained..
Middling'Stained..............
Strict Low Mid. St lined..
Low Middling Stained....
l ’s off.
Even.
ig, off.
7, e ()a.
24,2 oft.
1% off.
On this basis the prices for a few of the grades would be as
follows:
S at.
GULF.
Since Sept. 1 5222.235|4618,136 6576.069 6370.512 5532,608 5313.714
T Ii.
F r i.
6=8
7°lg
73
4
She
8s«
6%
She
8^8
65g
75,6
73i
81,6
85a
7%
8H«
S5*
638
751
6
7%
81 lg
8^8
M on T ues W ed
T li.
F ri.
67«
7^16
8
8510
87e
Middling Pair.............................
M on Tues W ed
S at.
UPLANDS.
67s
7dX
6
S
85,6
87s
67
8
7916
8
7*ie
•
S
678
7*19
8
67
g
7»i*
8
638
75iq
717 <
2
7%
63q
75,8
717,2
7%
63s
75,8
71"*!
7%
63a
7°m
717*2
7*
6%
638
75,« 75,g
71732
7 ‘ 7.i2
7%
6^8
6*8
75ia
73*
81,6
8=s
The exports for the week ending this evening reach a total
of 90,816 bales, of which 25,688 were to Great Britain, 22,036 Middling Fair..............................
87
8
87
s
87s
8 7s
to France and 43,092 to the rest of the Continent. Below are
STAINED.
S at. M o n T u e s W e d T li. F ri.
'the exports for the week and since September 1, 1893.
Exports
from—
Galveston......
Velasco, &c....
New Orleans..
Mobile & Pen.
Savannah......
Brunswick..
•Charleston*...
Wilmington...
Norfolk..........
West Point__
N’p’t News, &
c
New York......
Boston............
Baltimore___
Phtladelp’a &c
Total...........
Week Ending April 6.
From Sept. 1, 1893, 'o Apr. 6,1894.
Exported to—
Etpyrte (to—
Great
Conti Total Great
Conti
lotal.
BriVn. France nent. Week. Britain■France nent.
200
7,994 21,786 18,632
3,750
2,900
3,010
2,500
800
4,630
2,000
1,176
4,959
4,196
674
59
250
6,413
4,807
50
543,206 104,815
200 ...........
48,412 067,661 392,290
30,303
500
3,750 111,798 32,697
2,900 38,55i 2,000
7,640 218,993 16,200
4,500 70.309
8j0 134,594
350
76,497
1,176 37.749
11,652 355,402 14,381
4.196 205,246
5,481 38,546 5,483
109 18,463
101,321 749,342
31.348 31,348
350,736 1,410,687
820 31,628
320,932 405,417
15,755 50,910
134,025 369,221
91,355 162,161
12,500 147,444
19,407 95,934
37,749
163,714 536,497
2,463! 207,709
110,193 154,222
4,587 23,050
25,688 22,036 43,092 90,816 2,547,327 569,382 1,302,706 479,355
Total, 1892-93.. 39,738 6,021 33,810 61,569 1,8*9,121 483,717 1,122.042 3,495.480
* Including Port Royal.
Good Middling Tinged..............
MARKET AND SALES.
The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows at a glance how the market closed on
same days.
SALES OF SPOT AND CONTRACT.
SPOT MARKET
CLOSED.
Sat’day.
Monday
Tuesday
Wed’day
Thur’d’y
Friday..
Total.
Quiet at ije adv.
Ex
port.
....
Steady ...............
Dull........ 1 .........
Quiet..................
................... .......
___
Con- Spec- Con
sump. ui'Vn tract.
144
321
455
156 . '■ ■
■■
2 26
66
1,369
—
Total.
Sales of
Futures.
66
ioo
100
100
52.360
116,500
78,900
61.400
54,100
84.400
1,668
450,610
144
4‘21
555
256
226
300
-II
o
CO
OOpOlCOCO
_ _ ©O oicoeo ■
OOQCO^W
o o o cooq00
C$Vc0*-T15
1
lO -tf 001 -«
>
©Tjtcovoej C
O
8 8 8 8 8 8 8 8 8 8 8 ,i.§ ioO O O X I'M I
s§
^OOOCOCOOD ■
05®°^ o^ocqofa o o o o ^ o q I ^ttacoeorStatC <
O 0 «0
C
T - f t C 30t> r •
O
O
H
HOH
MO
M
0
4
lir t> C C (flW !
t
W C
oo
©©»- >. ©W ei n ” S ® I - s - " g
r
lOr* 04fa© jf- —
Cl
HCI
Towns.
(0 9
I «
O O O O Q |©C0
o o o o o 'o o
O .^'-.O OJH M fa
C 00O ** oi jt~ c£ © -co © *
O *
'*
J Q O M H ffl
]©
w oo § 0 0 0 0 0 0 0 0 0 0 O _ ;o o ® o ii>
OOOOOOOOOO
® oo _oo© © coo ^ q o q o o ! - O O O l > ® i O
I'- fa i©0 001»i©
4 ■
HW%V lO
_ ojcT O
.C
0 lOW C
5
O
~
C r
O H
C
O
OO©OOO OOO© I©
.© ©
M O O S0 0 0 0 0 0 0 5 0 0 o
O
C.O© o o o © C © w_0© © o —
O faiO© l> OO J. C h
O
*c
< o f n r 'H
C H© —
O
■
C
O
OC.
A labama ...
*
*
*
•
A rkansas ..
“
GKOHOtA....
*
*
•
»
II
<
1
•
*
•
•
KKNTPCKT ,
Louisiana ..
MissisatPPt.
»
*
•
*
•
*
Nfttchef,
*
*
Vlekshurg,
*
•
Yaxoo City.t
Missouri. .
st, Louis,
Charlotte,
N.C arolina
Ettfattla,
Montgomery
Selma,
Helena,
Little Hoolc,
Albany,
Athens,
Atlanta
Auj^aata.
Columbus,
Macon,
Horne,
Lonlevtlle,*
Shreveport,
Columbufl,
Greenville,!
.?*.£>
coco £
..
co cohci '-tiff f--co
0 i<
4 —
fH jt ih
C -
'£ tSo* * <©~;*£
s s
£ s ~J"VP ijf **
«3i3>*^o« ***3
a
gggggS fgggg
*4-d*o £s
©OO © o 5 © ci OOOOO©
«<•/;© ( -T{sTt£(£ © © t> © <£©
r - d C H r r- © h ,_,
-<
t- C
M
fa
”
s s#* 8
s
«
i
* „
N i
fa
fa
o
S
5
o
©a
3 - . c -^ © (D 5 r
o © .i
'n n
£*o
©•g
►9
fafa
C« mS S S s S S s S S S
lJ
aw r o o o o o c o o o o
o o o o o © o © oo
22
o
ocn mtomtom tomm com
S “iir* a-? P efe S S 3
o I l K tri*
R
^ i l C '& lf s g g
S a s S o t 'S p S
* J V&T,*-* X W>° ? v "3 n
£ 2« 2 « a
5, 5
,5
j
^ § i s S o l s a S c*=‘*?
►
£>D ©
|*JS
^■S o « « 2 £ a<!
c i ; | p 2 S 3 — r " S 3 j? rA—•
« *
< • -*
I g « io 5 «
~
22 **
«
®
*
-ep
M 'S 'S 'S
H S S ’S s S & l i H
" g a ' a ’S'a
a S ^ toD t)
S S w iiS H
a j5 £ w
■ ! a§
J
B i a p e«
i
fa <1fa (/>O P
Q
Movement to April (1, 1894,
Receipts.
Shipnt'is Stock
Tbit
This
Since
week. 8epLl,*93. week. Apr. 6.
6
"llb ? ii* p 1.14
"
Cincinnati,
O h io ............
s. Carolina
NewtiorTy,
.M
empUiA.
Ntmhvlllo,
T knnkmkk .
T e x a s .........
Houston,
19,224
12
408
123,931
83
68,333
109
33,609
07,992
84ft
34,031
17
9 h3
64.552
381
122,463
889
174.478
221
63.837
103
59,894
188
59,457
143
5.182
601
73,685
123
25,143
3ft
29,230
3 45
31,309
140
35,121
499
48,212
U
47,903
5,901
517,060
223
18,283
26,456
516
6,293
183,273
107
21.940
23
10,5*2
4,023
459,01ft
471
34,34ft
223
42,745
41,712
625
7,268 1,008,904
Total, 31 towns.......... 1 31,810 8,644,143
270
1,861
977
600
1.759
loo
2,305
344
2.402
606
602
38ft
.....
1,702
t*7
5t
85
693
340
1,300
7,143
273
647
ft,7 90
107
2
10,912
802
650
420
9,167
2,349
5,764
5,374
1,796
6.681
3.984
0,990
2.621
19,757
5,936
3,014
3,439
714
10.393
1,727
840
1,324
3,813
6.407
9,490
58,277
75
1.619
3,709
Movement to ApiHl 7, 1893.
Receipts,
Shiinn'ts Slock
This
This
Since
Apr. 7.
week. S c p t l/92. week.
19.619
101,676
50,851
30,798
31,703
29,485
36,133
100.071
155,185
58,143
51,381
54,731
7,052
59,698
18.994
29,017
21,508
33.738
46,907
22.426
424.825
18.135
20,698
162.460
25,214
10,901
394.980
33.664
48.866
37,166
1,060.070
170
200
185
700
450
700
1.250
20
5,302
1,077
300
____
86
1,649
41
1*28
528
3*5
1.493
150
10,812
200
429
2,8-15
190
30
11,610
700
1,510
628
10,286
28.710 3.193.010
53,987
89
97
66
24
488
30
50
342
540
1H4
100
49
165
321
91
32
230
lftft
422
1
!
;
j
ioo
8.972
200
314
2,460
180
30
4.736
487
78
29ft
7,383
168
01.321
2.055
3,517
812
11,326
52,434 245.342
P
d
Market, /Sales and
Pricet of
FUTURES
Market,
Ratine and
Total Sales.
D A IL Y
A pril.
May.
June.
I
July,
PRICKS A.V/I SAI.RS OF FUTURES FOR RACE
Auffust.
SriUemOrr. j
Oetaber,
|
If
j a f |1
AfnrrA.
Saturday, McU, 31 —
8alc», total _____
I'rlcti.H yald (range)
Closing....................
P
d
H
7-8 1 A v e r . . 7-88
7-75,A v e r.. 7-90 Aver
Aver
7-58 Avar
7-83 Avor .. 7-89 Avei .. 7"75iAvei .. ?'81 Aver
Higher.
2,000
3,000 I
10,1 O
O
400
1,800
16,800
14,900
3,400
f>2,300
100
7-89 «
7-74 9 7-78 7-77 9 7-80 7 -8 19 —
7-57 0 7-88 7-570 7-01 7 8 09 7-05 7-07 9 7-71 7-74 9 7-77 7-799 7-82
7-771 7 -8 1 - 7*82 7 -7 6 - 7 77 7-79
7-71 7-70
7-80 7 -8 3 - 7-86 7-89- 7-91
7 -0 0 - 7-tll 7 -0 3 - 7 84 7-70
Steady,
Monday, Apr. 2—
Sales,total..............
Prlriw [mid (range)
Closing....................
fa
7-82 A v e r .. 7-85 A v e r.. 7-91 Aver ., 7-94 Aver . . Aver .. 7-00 A v e r.. 7-88 Aver .. 7-75 A v e r . . 7*81 A v e r . . 7 -88 Aver
H igher.
2.500
32,300
2,000
9 ,6 0 0
18,8 00
2,400
2,400
45,800
700
110,500
- (»'
7-01 > 7-98 7-04 a 7-07 7-65 9 7-70 7-72« 7-77 7 * 7 7 » 7-931 7-83 0 7-88 7-79 9 7-84 7-83 9 7-87 7-909 7-91 7-92 9 7 98
7 00 7 -7 1 - 7-72 7 - 7 7 - 7 78' 7 - 8 2 - 7 83 7 7 8 - 7-79 7-81 - 7-82 7 -8 5 - 7-87 7 -9 0 - 7*92
7-01
7-02 7 85
Easier.
7*84 Aver .. 7-09 A v e r.. 7-76 A v e r.. 7 6 2 A v e r.. 7-74 A v e r.. 7-82'Avnr
A v e r.. 7-00 Aver
Tuesday, A pr. 3—
Steady.
7-84 A v e r. . 7-92 Aver
100
100
5,300
19.000
1,400
28.000
22,200
Sales, total..............
300
78,900
1,900
« 7-92 — 9 Prices paid (range) 7'58o 7‘92 7-58 0 7-03 7-60 0 7-07 7*08 9 7-74 7-73 9 7-79 7-78 9 7-85 7-74 9 7-79 9 7 - 4 7-809 7*86 7 -7 8 - 7-79 7-81— 7-82 7 -8 7 - 7-88 7 -9 2 - 7*94
7 -5 9 - 7-00 7 0 2 - 7-63 7 0 9 - 7-70 7 -7 5 - 7-70< 7 8 0 - 7-81 7 * 7 8 - 7-7
Closing....................
Easier.
fa a!
0 lra
m
Wodnosd’y, Apr. 4—
Sales, total..............
Prices paid (range)
Closing....................
7-82 Aver . 7*09 A v e r.. 7-74 Aver .. 7-80; A ver. 7-74 A v e r.. 7-79 A ve r.
Aver .. 7-87 Aver
Steadier. Aver .. 7-59 Aver
600
22,500
6,300 I
11,100
200
1,300
20,100
04,<loo
2.400
»
07 9 7-71 7*73# -?•?« 7-789 —
7-839 7-89
8! -------- 7-81 7-72 9 7-77 9 7-79 — 9
7-019 7-64
7 59 l 7'89 7-59 a 7*59— 7-00 7 -6 2 - 7-63 7 *88 - 7 69 7*74
7 7 6 7 -7 9 - “ SO 7 -7 3 - 7-74 7-76
7-78 7 -7 9 - 7-81 7 -8 5 - 7-87
Easier.
7-64 A v e r.. 7-70 Aver
7‘76 Aver .. 7'81 Aver
7-78 A ver.. 7’79'Aver
•76
A v e r.
Aver . 7-59 Aver
Thursday, Apr. 5—
Steady.
17,300 |
7.300 i
8.400
2,800
700 j
Sales, total..............
15,800
1.800
64,100
9
Prices paid (range) 7-58 0 7 80 7-58# 7-02 7-619 7-07 7-679 7-74 7 7 3 9 7-79 7*789 7'85 7-749 7 9 1 7 '7 79 7-90 7*85: 7 *86 - 7 ’88 7*917 117 7 7 3 - 7-74 7*70- 7*80 7 ’8 4 - 7’86 7-80 - 7-81 7-83
Higher.
7-03
7-64 7-00
Closing....................
0»
00
Wiley, Apr. 0 —
Sales, t o t a l..............
Prices paid (range)
Closing....................
Total sales this wrick.
Average price, week.
450,000
Sales slnue Hop, i ,'IK 27.239,300
>*
11 500
7*80
1,756,800
160,100
7'64
132.100
38,000
777
84.000
7-82
6,400
7-77
5,316,500 1 1,328,300
280,200
523,300
40,400
7-71
A ver.
A ver.
s i-*
.
6l f S *
m
l s
I f 1 3 2 2.
fv .-g s -s
»
Isjsl *
Aver . . ••93 7 -9 9 - 7-99
Aver
7-04 A v e r.. 7-71 Aver
7*77 Aver
7*82 A ver.. 7-78A ver
7 80 A v e r .. 7-84 Aver .. 7-90 A v e r. . ------Lower.
33,200
22,900
6,800 i
16,700
200 I
2,4>0 )
700
1,500
84,4i 0
7-62 9 7-66 7 689 7-73 7-74# 7 7 9 7*78e 7 8 5 7*759 7-81 7-779 7-83 7-819 7-96 7 -8 9# 7-90
7 lita 7 90 i» 7 06 7-72
Steadier.
7-73 7-78
7*70 7-83
7-84 7*79
7*81 7*82
7 8 3 7*85- 7*86 7*01
7-03
7-83
7 0 4 7-05
A ver..
A ve r.
A ver.
53 S
3
« - 4 |§i
© , %
2
©
®
MOSTII.
orember, | Dteember.
® ®
> o .
g .g o i
2,408
X U
12,519
s 3 ® r ;
4,463
0.102
- "S * 3
t t o . *5 C. vz. *s ‘S
9.410
‘
5— s
i'
2,204
^©5
©
.00 *J © 3 .5 p
.
—
9,>00
S i ' _i . 3
5,889
d
i
,Q 8
20,939
£ H t g S_ lS} s
Ho
.
11.372
4,349
7,349
.£ 8 1 g s
1,018
s ■
6,673
ds 0 © ® **
3,579
1,054
s*r= s£
£ ® k jg s
6,328
7,800
. *» ^
14,254
70-!•la S S 5
97,308
« ® > p
200 « j£ $
® S m fc”
2,385
5,804
o a>»a r: w
r g i i g
80
® ^ M
83,821
g ® S .S £
1,764
4,168:'»r
3 ^ ©3 4
6
ft67
© p 1S ”
14,824
J3.S c a
?
.o ^
355,257
-d 3
fa
a
•e a
&d
g js
■g
cc
j*
C»o
^
S3
h
T ©
i*.*? > —
s d t !
?
•1231 I
J |ei £ o
Z i U } S
S fe * e ® S
THE CHRONICLE.
606
^DOTATIONS FOR MIDDLING COTTON AT OTHER MARKETS.—
Below we give closing quotations of middling cotton at South
ern and other principal cotton markets for each day of the week.
Week ending
April 6
Galveston...
New Orleans
Mobile
Savannah ..
Charleston..
Wilmington.
Norfolk........
Boston .......
Baltimore...
Philadelphia
Augusta----Memphis . . .
St. Louis___
Houston___
Cincinnati..
Louisville...
CLOSING QUOTATIONS FOR MIDDLING COTTON ON—
Satur.
7:,1S
7k,
7'hs
7k,
7ki
7k,
7Hl6
7»s
8
738
75is
7%
73i«
7 Tie
73e
Tues.
?e16
75ie
7%
7k»
7k,
7is
75i«
7%
75s
8>e
7%
76,6
7%
73lfl
7%
73s
Wedues.
7 k*
76h
73,a
7k,
7»4
718
76,8
7\
768
8*8
77te
738
738
7*4
7»s
7718
Fri.
Thurs.
7*
76.8
Mon.
7k,
7k,
7k,
7%
76.8
7%
7&
S
818
738
738
738
7k,
7°s
73a
76,e
76,8
714
7>4
7i8
76.8
73,
7»8
8ks
77^14
7k,
75,e
718
76.6
73,
7=8
8>8
7 \ ^
738
7k,
7»S
77.6
7=8
7k,
768
77.8
The closing quota tions to-day (Friday) at other important
Southern markets w ere as follows.
Little Rook___
6% 1Newberry.....................
Atlanta............
7%
7% 1Raleigh............
7
Columbus, Ga.
67
8 Montgomery...
7*8 1Selma............................
Columbus, Miss
69i6 Nashville.........
7*8 I Shreveport.......
7
Euf a u la .........
7310 Natohez............
R e c e ip t s f r o m t h e P l a n t a t io n s . —The following table
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports.
Week
Ending—
Mch. 2......
“
9 .....
M 16......
“ 23......
“ S ...
O
Apr. 6 ......
Receipts at the Ports. St'k at Interior Towns. Rec'pts from Plant'ns,
1892.
1893.
1894.
119.758
93,396
92,186
65.188
68,599
63.958
65,041
65,575
47,931
53,111
62.569
51.569
67,858 499,067 433,078 347,040
70,051 479,393 419,038 322,111
66,630 453,893 409,462 304.814
49,355 426,662 394,411 287,155
45,292 390,444 380,434 265,966
54.279 367,991 355,257 245,342
1892.
1893.
1894.
1892.
1893.
1894.
96,079
73.722
66,686
37,957
32,381
41,505
69,225
41,535
38,355
37,060
48,582
20.392
51,077
45,122
49,233
31,696
24,103
33,055
The above statement shows: 1.—That the total receipts from
the plantations since Sept. 1 in 1893 are 5,691,411 bales; in
1892-93 were 4,844,759 bales; in 1891-92 were 6,888,131 bales.
2.—That although the receipts at the outports the past week
were 54,279 bales, the actual movement from plantations was
33,655 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantation s
for the week were 26,392 bales and for 1892 they were
41,505 bales.
O v e r l a n d M o v e m e n t f o r t h e W e e k a n d s in c e S e p t . 1 .—
We give below a statement showing the overland movement
for the week and since September 1. As the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
the principal matters of interest are given. This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the week ending April 6
and since Sept. 1 in the last two years are as follows:
1893-94.
April 6.
Week.
Shipped—
Via St. Louis.................................
Via Cairo............. .........................
7,143
2,218
Via Evansville..............................
Via Louisville...............................
Via Cincinnati..............................
Via oiher routes, &c...................
250
3,737
2,03 8
2,502
Total gross overland...............
Deduct shipments—
Overland to N. Y ., Boston, &o..
Between interior tow n s............
Inland, <feo., from South......... .
Since
Sept. 1.
1892-93.
Week.
478,381 10,812
2,216
211,136
119
13,676
7,186
1,493
91,8 L6
94,131
1,205
2,899
112,257
17,868 1,008,583
Since
Sept. 1.
374,819
175,750
136,980
13,885
104,322
80,682
140,185
18,744 1,026,623
6,890
28
1,469
227,397
21,559
53,788
5,000
43
3,043
256,781
21,460
83,274
S.O86
361,515
8,387
302,744
9,782 647,068
Leavlngtotal net overland*..
* Including movement by rail to Canada.
10,357
723,879
Total to be deduoted...............
The foregoing shows that the week’s net overland movement
this year has been 9,782 bales, against 10,357 bales for the
week in 1893, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago o f 76,811 bales.
In Sight and Spinners'
Takings.
Reoelpta at ports to April 6 .........
Net overland to April t>
.................
Southern consumption to Apr, 6.
1893-94
Week.
Since
Sept. 1.
54,279 5,522,235
9,782 647,068
15,000 505,000
1892-93.
nr .
Week.
Sine*
8ept ,
51,569 4 618,136
10,357i 723,879
14,000 495,000
Total marketed......................... 79,061 6,675,303 75,926 5,837,015
Interior stocks in excess............... *20,624 169,176 *25,177; 226,623
Came into sight during week.
Total in sight April 6 ..............
58,437
BTorth’n spinners tab’gs to Apr. 6.
* Decrease during week.
...
6,844,479
50.749
........ 6,063,( 38
1,201.204
.........11,451 584
It will be seen by the above that there has c me into .smht
during the week 58,437 bales, against 50,749 bales for the
same week of 1893, and that the increase in amount in sight
to-night as compared with last year is 780,841 b •i s.
[V O L . L Y I I I ,
W e a t h e r R eports b y T e l e g r a p h . —Telegraphic advices
to us this evening indicate that the weather has been more
favorable during the week and that farm operations have
been resumed and are generally progressing well. The rain
fall has been light in most sections.
Galveston, lexa s.—Rain has fallen on one day of the week
to the extent of one hundredth of an inch. Average ther
mometer 62, highest 74 and lowest 51. March rainfall one
inch and ninety-six hundredths.
Palestine, Texas.—There has been light rain on four days
during the week, the rainfall reaching sixty-nine hundredths
of an inch. The thermometer has averaged 60, the highest
being 84 and the lowest 36. The rainfall during the month of
March reached four inches and fifty-nine hundredths.
Huntsville, Texas.—Dry weather has prevailed all the
week. The thermometer has averaged 60, ranging from 38
to 81. During the month of March the rainfall reached four
inches and thirty-five hundredths.
Dallas, Tea:.—There has been rain on one day of the past
week, the rainfall reaching eighty-six hundredths of an inch.
The thermometer has ranged from 36 to 86 , averaging 60.
March rainfall six inches and fifty-one hundredths.
San Antonio, lex a s.—There has been light rain on one day
of the week, the precipitation reaching one hundredth of an
inch. Average thermometer 63, highest 88 and lowest 38.
March rainfall seventy-nine hundredths o f an inch.
Duling, Texas.—The weather has been dry all the week.
The thermometer has averaged 62, the highest being 86 and
the lowest 37. The rainfall during the month of March
reached seventy-two hundredths of an inch.
Columbia, lexa s.—We have had no rain all the week. The
thermometer has averaged 80, ranging from 40 to 81. During
the month of March the rainfall reached four inches and
three hundredths.
Cuero, Texas.—Dry weather has prevailed all the week.
The thermometer has ranged from 44 to 86, averaging 65.
During the month of March the rainfall reached seven inches
and ninety hundredths.
Brenham, Texas.—There has been no rain the past week.
Average temperature 61, highest 84, lowest 38. During the
month of March the rainfall was three inches and ninety-five
hundredths.
Belton, Texas.—W e have had no rain during the week. The
thermometer has averaged 62, the highest being 83 and the
lowest 40. The rainfall during the month of March reached
four inches and eighty-four hundredths.
FortWorth, lexa s.—The weather has been dry all the week.
The thermometer has averaged 61, ranging from 40 to 82.
During the month of March the rainfall reached three inches
and fifteen hundredths.
Weatherford, Texas.—No rain all the week. The thermom
eter has ranged from 38 to 80, averaging 59. The rainfall for
March was four inches and twenty hundredths.
New Orleans Louisiana.—W e have had rain on one day of
the week, to the extent of fifty-three hundredths of an iuch.
Average thermometer 64. Rainfall for the month of March
five inches and ninety-four hundredths.
Shreveport, Louisiana.—There has been rain on three days
during the week, to the extent of eighty-six hundredths of an
inch. The thermometer has averaged 63, the highest being 81
and the lowest 38.
Columbus, Mississippi—W e have had rain on two days of
the past week, to the extent of one inch and ninety-three
hundredths. The thermometer has ranged from 40 to 78,
averaging 56. March rainfall five inches and ninety-eight
hundredths.
Leland, Mississippi.—There has been rain during the week,
the rainfall reaching one inch and forty hundredths, Aver
age thermometer 55'6, highest 77 and lowest 3L. March rain
fall nine inches and seventy-two hundredths.
Little Bock, Arkansas.— We now have warmer weather,
with indications of higher temperature and local sho wers.
There has been rain on two days of the past week, the rainfall
being one inch and fourteen hundredths. The thermometer
has averaged 58T, ranging from 33 to 72.
Helena, Arkansas.— No cotton has been planted as yet.
There have been heavy showers on two days during the week,
the rainfall reachiag two inches and thirty-eight hundredths.
The thermometer has ranged from 42 to 73 , averaging 58.
March rainfall ten inches, on eight da vs.
Memphis, Tennessee.—The earlv part of the week was cold
but now the weather is clear and springlike and farm-work is
again progressing well. There has been rain on two days
during the week, the rainfall being one inch and sixty one
hundredths.
Average thermometer 57 2, highest 73 and
lowest 33'3. During the month of March the rainfall reached
ten inches and ninety hundredths, on twelve days.
Nashville, Tennessee.—The week’s rainfall has been two
inches and eighteen hundredths.
The thermometer has
averaged 53, the highest being 70 and the lowest 27. D iring
the month of March the rainfall reached two inches and sixtynine bun tredths.
Mobile, Alabama.—Planting preparations have been de
layed by cold, wet weather. Tne week’s rainfall has been
thirtv-four hundredths of an inch, on two days. The ther
mometer has averaged 62, ranging from 35 to 78.
March
rainfall eleven iuches and fifty-one hundredths, on fourteen
days.
Montgomery, Alabama.—Planting is progressing slowly.
The Commissioner of Agriculture of Alabama makes public
to-day a comparative statement of the sales of fertilizer tags
p r il
THE CHRONICLE.
7, 1894.]
for the seasons of 1893— and 1893-94. It shows that the
93
March sales l ist year were $9,712 and this year $2,810. The
total for the season of 1892-93 was $31,386 65, against $24,578 18 this season. The price of tags for last season was fifty
cents for a number sufficient to tag a ton. and this season the
price has been only twenty-five cents. Making due allowance
for this difference in price, the decline in sales this year is
seen to be 4,461 tons. W e have had rain on three days dur
ing the week, the precipitation reaching eighty-one hun
dredths of an inch, but the close is clear and moderating.
The thermometer has ranged from 48 to 72, averaging 60.
The rainfall for March was four inches and eighty-eight
hundredths.
Selma, Alabama. —There has been rain on two days during
the week, the rainfall reaching ninety hundredths of an inch.
Average thermometer 58, highest 78 and lowest 37.
Madison, Florida.—The cotton acreage already planted and
that being prepared for seed will probably exceed the area of
last season by ten per cent. We have had rain on one day of
the past week, to the extent of ten hundredths of an inch
The thermometer has averaged 66, the highest being 78 and
the lowest 42,
Columbus, Georgia.—Rainfall for the week sixty-nine
hundredths of an inch. The thermometer has averaged 57,
ranging from 32 to 70.
Savannah. Georgia.—Rain has fallen on three days of the
week, to the extent of one inch and fifty-four hundredths.
The thermometer has ranged from 33 to' 80, averaging 61.
Daring the month of March the rainfall was two inches and
eightv-one hundredths, on eight days.
Augusta, Georgia.—In some sections planters are putting in
cotton seed. There has been light rain on two days during
the week, the rainfall being twenty-one hundredths of an
inch. Average thermometer 59. highest 76, lowest 30. During
the month of March the rainfall reached two inches and four
hundredths, on six days.
Charleston, South Carolina.—We have had rain on two
days during the week, the rainfall reaching thirty-eight hun
dredths of an inch. The thermometer has averaged 59, the
highest being 75 and the lowest 36. During the month of
March the rainfall reached one inch and seventy-eight hun
dredths, on eight davs.
Statetmrg, South Carolina.—It has mined on three days of
the week, the precipitation reaching thirty-one hundredths
o f an inch. The thermometer has averaged 54’5, ranging
from 33 to 76.
Wilson, North Carolina.—W e have had rain on two days
of the week, to the extent o f twenty-seven hundredths of an
Inch. The thermometer has ranged froni 89 to 80, averaging
55,
The following statement we have also received by telegraph,
showing the height of the rivers at the point* named at
8 o’clock April 5, 1894, ajid April 6 , 1893.
_________________________________________________[ Apr. 5 . 1 t ,
0
Feet.
Apr. n, '9 3 .
i
Feet.
Missing.
20 7
58
17-4
33*0
607
EXPORTS TO EDROPB FROM ALL INDIA.
1893-94.
Shipments
o all Europe
from—
Thii
week.
1892-93.
1891-92.
Since
Sept. 1.
This
week.
Since
Sept. l .
This
week.
Since
Sept. 1.
fombay......... 40,000
9,000
411 other port*.
422.000
140.000
47,000
1,000
399,000
95,000
69,000
2,000
339.000
49,000
562,000
48,000
494,000
71,000
460,000
Total.. . . . .
121.000
A l e x a n d r ia R e c e ip t s a n d S h ip m e n t s .—Through arrangenents we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we now receive a w e e k l y cable of
the movements of cotton at Alexandria, Egypt. The following
ure the receipts and shipments for the past week and for the
jorresDonding week of the previous two Years.
Alexandria. Egypt,
April 4.
1893-91.
1
1892-93.
1891-92
80.000
4.611,000
1
18,000
5,063,000
38,000
4,607.000
This
Since
week. Sept. 1.
This
Since
week. Sept. 1.
receipts (eantars*)----This week___
Slnoe Sept. 1.
This
8 ince
week. Sept. 1.
Exports (bales)—
To Liverpool............
To Continent............
6.000276.000 6,000 254.000 5.000 296.000
5.000
206,000 248.000 10,000 182 000
10.000
0
5
©
o
o
A
Total Europe......... 11,000 482.00
802,000 15,000 478 000
* A can tar is 98 pounds.
M a n c h e s t e r M a r k e t . —Our report received by cable to-night
from Manchester states that the market is s’eadv for yarns
and quie: for sheetings. The demand for cloth is improving.
We give the prices for to-day below and leave those for
previous weeks of this and last year for comparison:_________
1894.
Meh.2
“ 9
• 16
*
• 22
•
’* 30
Apr. 6
4
63*
64
S ',
6*.
Ghe
64
d.
071*
® 74
*74
«7>s
®74
®74
1893
Oott’n )
_
Mid. 32s Oop.
Uplds, Tvnst.
Ibe.
Shirtings.
32# Oop.
Twist.
■
«
5
5
5
5
5
5
d
8.
34*7
3 97
3 91
3 07
3 ©7
2 97
a.
3
2
14
Is
ihi
14
u.
4sis
4*!«
44
44
4-h*
45,*
8*4 lbs.
Shirtings.
I a.
d.
a. d. s d
5 10407 5
8 4 99
5 I0*s 97 5 4
8 4 99
8 4 99
5 10^*7 6
9% * 8 4 5 1 0 4 0 7 6
134 0 8 4 15 1 0 4 *7 6
174. *8 % 5 9 ^ 9 7 6
Octl’n
Mid
Vpldi
d
415,8
51,a
415,8
5
45,
•Dis
The fo llo w in g e x ch a n g es have been in ide d u rin g the w e e k :
•03 pd. to exoh. loo Apr. for M ,y. •06 piL to oxeti. 1,000 May for J’ no
•21 pd. to « xrh. 300 Apr. for Am*
17 p 1. to exoli. 200 May for Aug.
•25 pd. to osoli. 1,100 May for Dec. ■09 pd. to exon. 500 Alls. I >r Oao.
T5 pd. to ©xch, 1.500 May for Oct. *0i pd. to exoh. 200 Apr, for May.
•P pd toexeli- 1.800 May forj'ao. '10 pd. to exoli. 300 Oct- for D io.
7
•11 pd to exeh 90*1 Apr for Jone. 1 •12 pd. to exeh. 200 July for Due.
10 pd. to each. l.OOO Apr. for J'no. •16 p*L to axoh. 2 10 Apr. for July.
■22 pd to ex oh. 1O0 Apr. for All ft,
•03 p i to exeh. 100 Juir for Nov.
•06 pd to exoh. 500 June for July, 18 pd. to exeh. 700 May for Aug.
13 pd. to exoh. dOo May for July.
•it pd. to exeh. 600 June for Any.
*03 pd. to exeh. 400 May for Juno. •07 pd. to exoh. 300 Aug for Doe
•C3pd. to exeh. 100 April *. n., for I •18 p i. to exeh. 3,500 May for Ang.
regular.
S e a I s l a n d C o t t o n Mo v e m e n t . — We have received this
(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week. The
receipts for the week ending to-night (April 6 ) and since
Sept. 1, 1893, the stocks to-night, and the same items for the
I n d ia U O T T O S M o v e m e n t raoa a l l R o a m —'The receipis corresponding periods of 1893-93, are as follows.
and s npments o f cotton at Bombay have been ae follow* for
1893-94,
1892-93.
Stock.
She week and vear, bringing the figures down to April 5.
Kew Orleans............ Abovelow-water mark.I
Memphis. . . ___ .....A b o v e low-water mark. I
Nashville . . . ............ Above tow-water mark.
Shreveport ..............Above low-water mark
▼leltsbiirt................. Above low-water marie i
s o K s if a a c c t m
and
f Shipments this week.
Receipt* to April 6.
miPMssr* ran r o c s tears
Shipments tinet Sept. 1. |
tear (treat Oonti-1 „
Great j QonlijBril'*. *unt. Total. Britainj t
tent.
*93-4 ........
’92-3 11.000
’91-21 6.000
90-11 6.000
it*4
19-2
17D
3 i ll
43*0
1 This
Total. J * r « * .
40.006 40,000 30.000 3-01.000
36.1*00 17,000 26.000 373,000
60.000 69.000 30.000 30t*.000
10.000 22,000 59,000: 457,0001
Smce
Sept. 1.
422.000 57.000 1,060,000
300,• < > 67.000 870.000
X
339.000 6H 000 M
18.000
516.000 70.000 1,296,000
According to tne foregoing Bombay appears to show
a decrease compared with last yeAr in the week’s receipts o
10,000 bales and a decrease in shipment* of 7,000 hales, and
the shipments since Sept. 1 show an increase of 23,000 baler.
The movement at Calcutta, Madras, and other India ports f i
the last reported week and since the 1st of September, for two
years, has been as follows, “ Other ports’ ’ cover Cevior
Tuticorin. Kurrachee and Coconada.
| Shipments for the week.
\
Great I Qontir ;
Total.
Britain. neni.
O aleutt*—
1 8 9 3 -9 4 ,.,
1 .0 0 0
1892- 9 3 ...
M edra*—
189394...
1392-93. .
AD o th e r* —
1 8 9 3 9 4 ...
1 892 9 3 ...
...... 1
6 .0 0 0
7 ,0 0 0 1
...... |
Shipment* tine* Sepi,
Great
Britain. Continent.
9 .0 0 0
6 ,0 0 0
This
Since
This
Since
week. Sept. 1. week. Sept. 1. 1894.
Receipts
3 2 .0 0 0
17.0 00
Total.
41,000
23.0 00
2 3 .0 0 0
1 3 .0 0 0
1 7 .0 0 0
7 .0 0 0
40 000
20.000
2 4 .0 0 0
2 1 ,0 0 0 |
2 5 ,0 0 0 i
3 1 ,0 0 0 |
59.000
52,0 00
Bataan,ib ......................
C^iurJpiton....-...............
1-29 •53,832
25
2,208
3.436
1,541
.......
1893.
34,206 3,810 5.368
5,932
540 1.197
3,775 2,206 2,280
Total.............................
154 59.466! 1,541 43.913 6,556 8,845
* 104 bole* deducted a* aorreoilon of receipt* since Sept 1.
Tlw exports for the week ending this evening reach a total
of 49a baies, of which 293 bales were to Great Britain, —
to France and 200 to R-val, and the amount forwarded to
Northern mills has been 433 bales. Below are th*> exports for
the week and since September 1 in 1893-94 and 1892-93.
Erportc
from—
IT«* Ending Apr. 6.
Since Sept. 1.1893.
ITorlh'n Midst.
Great France
Great Fr'nee
Total. Bril' n. dc.
Total.
Bril'n. d .
tC
Sitics
Week Sept. 1.
200
Savannah...
CbarPfn, Ac
Florida. Ac.
New York..
Boston........
Baltimore ..
**148
Total........
. 29?
T ot 1892-93
590
200
25)
200 22,932
386
125
*148 2,922
150 3,526
72
2,026 24,958
17
403
125
1.917 4,83 )
3,526
72
498 29,963
3,960 33,923
436 20,749
615 14,347
1,512 15.859
1.598)21.120
333 16,571
78 1,172
25 3,000
A considerable portion of the Sea Island cotton shipped to
foreign porta goes via New York, and some small amounts via
Boston and Baltimore. Instead of including this cotton for
the week in which it leaves the Southern outports, we follow
Total all
the same plan as in our regular table of including it when
1 9 9 3 -9 1 ...!
1 .000
8 .0 0 0
1 40.000
9 .0 0 0
3 4 .0 0 0
5 6 000
actually exported from New York, &c. The details of the
1892-93. .
1.000
1 ,0 0 0
95.0 00
5 5 .0 0 0
4 0 .0 0 0
........
shipments of Sea Island cotton for the week will be found
The above totals for the week show that the movement from under the head “ Shipping News,” on a subsequent page.
the ports other than Bombay is 8 ,0< > bales m orn than the same
y
Quotations April 6 at Savannah, for Floridis, common
week last year. For the whole of India, therefore, the total 13c.: medium fine, 15t£c.; choice, 1 ?L(c.
ahipments since September 1, 1893, and for the corresponding
Charleston, Carolinas, medium fine, 20 to 22c.; fine, 30 to
periods of the two previous years, are as follows:
35c.; extra fine, 40 to 50c., all nominal.
2 .0 0 0
l.o o o j
2 .0 0 0
1 ,0 0 0 ]
608
THE CHRONICLE.
[V o u L v in .
J ute B utts, B agging , &C.—There have been but few
Overland Movement, &c., to A pril 1.—In our editorial
columns to-day will be found our regular statement of transactions in jute bagging since our last report and quota
overland movement, receipts, exports, spinners’ takings, &c., tions are unchanged at 5}^c. for 1 % lbs., 5%c. for 2 lbs. and
6 J^c. for standard grades in a jobbing way. Car-load lots of
brought down to April 1.
Domestic Exports of Cotton Manufactures.—Through standard brands continue at 5c, for \% lbs., 5*^c. for 2 lbs.
the courtesy of Mr. W . G. Ford, Chief of the Bureau of and 6 c. for 24, lbs. f. o. b. at New York. Jute butts have
Statistics, we have received this week a statement showing the attracted little attention and rule steady at l% c. for paper
exports of domestic cotton manufactures for February and for grades and 2 *^c. for bagging quality.
Shipping News .—The exports of cotton from the United
the eight months ended Feb. 28. 1894, with like figures for the
corresponding periods of the previous year, and give them States the past week, as per latest mail returns, have reached
56,563 bales. So far as the Southern ports are concerne , these
below;
____________________________
are the same exports reported by telegraph and published in
Quantities of Manufactures of Cot Month ending Feb. 28. 8 mo8. ending Feb. 28. the Chronicle last Friday.
With regard to New York we
ton (colored and uncolored)
include the manifests of all vessels cleared up to Thursday.
1893.
1893.
1894.
1894.
exported to—
1
4
453,274 6.644,240
4,703 1,045.524
478.800
48,252
1,001.759 13,957,804
300.005 3.483,454
1,800.3*8
19,708
134.572
120,136
202.325
“
413.965 4,317,464 4.389,648
288,579
434,018
37,980
252,263
4.272
125,737
82.725 3,492,050 1.209,080
1,350,077 9,858.420 8,354,451
89,234 8.538.397 3,011.000
1,077.946 12,275,717 1*’
.075,472
377,795 1,872.818 2.121,465
1.701.378 14.319.413 12.513.995
?90.4w5 33,719.767 19.792.697
414.718
4.871
155.846
00,619 4,587,292 2,077,019
398,113
134,402
1,311,000
808,035
19,360
British India and East Indies
“
688,982
1,152.738
:-9.60<
842.624
290,963
1,351,973
3,908.932
14.234
843,638
Other countries............
"
1,231,712
4*5,890
458,250
Chirm.....................
4
4
Total yards of above...
Total values of above.....
Value per yard..............
5,830.414
108.*107
799,502
4,320.9. 0
2.397,876
4.528,586
1,278.017
5,506,576
2.974.036
4,408,264
7.673.000
13,985,383 10.8*3,981 125,945,589 93,448,909
$058,579 $7,987,740 $5,785,141
1820,299
$*0032
f'0585
$*0035
$*(019
Values of other Manufactures of
Cotton exported to—
f21,839
9.30"
317
8,305
83,738
11,401
$253 228
84,359
7.055
67,628
687,996
05,631
$145,154
80,776
3.374
27.085
981,696
81,118
4.S82
7,512
97
320
5,410
1,372
2,323
3,399
4,195
1,830
46.211
40.802
5,120
10.541
42,444
28,773
62,443
28,907
S3.733
49,797
43,319
51,729
4,273
4,944
38.902
43 693
49.057
24.100
31,650
44,0o5
21,002
730
424
Other countries In Europe....
British North America.......
Mexico.........
.........
Central American States & British
$84,211
12,197
10
0,997
05.879
16,200
7,576
5,074
776
1,407
4,094
580
6.550
2,888
2,342
4,846
United K i n g d o m ............
Ge r m a n y ....................
15,842
418
186,681
6.042
8,309
159,542
12,830
7,873
Puerto Rico................
Santo D o m i n g o .............
Other W e s t Indies..........
Argentine Republic.........
United States of Colombia...
Other countries in So. America—
British possessions in Australasia
Other countries in Asia and
Oceanica..................
Africa.... ................
Total value of other manufao$193,874
tures of.................
Aggregate value of all cotton goods $1,014,173
$183,100 $1,745,800 $1,885,800
$841,679 $9,733,600 $7,020,941
Total bales
Ne w Y o r k —T o Liverpool, per steamers Cufic, 2,431 upland and
148 Sea Island___Etruria, 828-----Runic, 1,552.................... 4,959
To Havre, per steamer La l ouralne, 260 .................................
250
To Bremen, per steamer Roland, 2,260.....................................
2,260
To Hamburg, per rteamer Bohemia, 375..................................
375
To Antwerp, per steamer Noordland, 525........................... .
525
To Gothenburg, ner steamer Venetia, 750................................
750
To Oporto, per steamer Oevenum, 150............................... ......
150
To Genoa, per steamer Entella, 2 .0 0 0 ....................................... 2,000
To Naples, per steamer Geilert, 353 ................. ......................
353
To Laguayra, Venezuela, per steamer Mexico, 3 0 .................
30
New Orleans—To Liverpool, per steamers Electrician, 5,065
....W in . Cliffe, 6,500.........
11,565
To Bremen, per steamer Memphis, 7 ,1 0 0 .................... ........... 7,100
To Hamburg, per steamers California, 1,950___Kingsdale,
1,249 ..........................
3,199
Galveston—To Liverpool, per steamer Alicia, 5 .8 1 2 .................
5,812
8AVANNAH—To Barcelona, per steamer Miramir, 4 ,7 6 5 ...............
4,765
To Genoa, per steamer Miramir, 1,150 .............................
1,150
Brunswick —To Bremen, per steamer Sir Garnet Wolseley,
3 ,1 7 5 ...................................................................................
3,175
Boston—To Liverpool, per steamers Catalonia, 2,957
Colum
bian, 1___Palestine, 782 upland and 120 S>a Island___
Philadelphian, 5 7 _ Sagamore, 7 05 ........................................
_
4,622
Baltimore—To Bremen, per steamer Dresden, 3,098.................
3,098
To Rotterdam, per steamer Delano,300 ..................................
300
Philadelphia —To Liverpool, per steamer British Prince, 125.
125
Total. .
—. . . .
. . . . . . . . . . . . . . . . . . . o6,563
The particulars of these shipments, arranged in our usu 1
form , are as follow s:
Liver
pool.
New York.. ......... 4,959
N. Orleans.. ......... 11.565
Galveston... ........... 5,812
Savannah...
Brunswick .
Boston........
Baltimore...
125
Philadei’a... .........
T o t a l...... ......... 27,083
R’dam, Br
lona,
Antw'p Genoa
< Goth and Yene£
enburg. Oporto. zuela. Total.
1,275 2,503
30 11.052
_
_ 21.864
____T
•> ■■ ■■
.... .
5.812
......
.....
... ......... 5,915
..
5,915
_ 3,175
........ 3,175 ___ ___ _
__ __
4.622
......... 3,098
3,398
300 .........
125
...................... ...................... .........
Bremen
< Ham
&
Havre, burg.
250 2.635
.........10,299
250 19.207
1,575
8,418
30
56 563
Below we add the clearances this week of vessels carrying
T h e EjX P o h t s o f C o t t o n from New Y om tms weex snow a cotton from United States ports, bringing our data down to
decrease compared with last week, the total reaching 11,652 the latest dates:
bales, against 18,741 bales last week. Below we give our N e w Orleans—To Liverpool—April 4 -Steamer Louisianian, 7,500.
usual table, showing the exports o f cotton from New York,
To Havre—April 2—Steamer Concordia. 4,700 . . . Aoiil 3 —
Steamer
Loango, 6,026___April 5 Steamer Assays, 10,438.
and the direction, for each of the last four weeks; also the
To Bremen—April 5—Steamer Merrimac, 9.800.
total exports and direction since Sept. 1, 1893, and in the last
To Antwerp—
March 31—8teamer Cayo Mono, 1,325.
column the total for the same period o f the previous year.
Sa v a n n a h — T St. Petersburg—April 2—Bark Lingard, 850 upland and
o
E X P O R T S O F C O T T O N ( B A L E S ) F R O M N E W Y O R K S IN C E S E P T . 1 . I n
Week EndingExported to—
March March March April
| 23.
16.
Liverpool . ...........
Other British ports..
6
.
30.
3
Same
period
previous
year.
Total
since
Sept. 1.
2 ,6 4 2
2 ,7 4 6
7 ,6 8 1
..........
8 ,4 1 9
1,9B4
4,959
2 73 ,03 4
82,368
2 4 3 ,2 0 0
57,5 41
b r i t ’n .
5 ,3 8 8
7,681 1 0 ,3 8 3
4 ,9 5 9
3 5 5 ,4 0 2
3 0 0 ,7 4 1
Havre..........................
Other French ports..
411
6
120
250
14,375
6
18,149
Tor. t o G r .
165
.
.
...
To tal F rench . . .
417
105
120
250
14,381
18,149
Brem en......................
Hamburg....................
Other ports................
2 ,8 8 6
427
362
507
1 ,0 3 0
2 ,2 2 8
1 ,401
1 ,4 1 0
814
2 ,2 6 0
375
1 ,275
3 8 .0 6 4
1 7 ,1 7 6
7 4 ,4 4 9
2 4 ,0 r 5
9,791
4 5 ,2 1 6
T o t . t o No. E u r o p e
3 ,6 7 5
3,765
3 ,625
3 ,9 1 0
129 ,69 9
7 9,0 42
1,050
10
.
.
4 ,6 1 3
...
2 ,5 0 3
30
3 5 ,5 5 5
1 ,4 7 0
1 6,0 48
1,411
10
1 ,0 5 0
4,613
2 ,5 3 3
3 7,0 25
17,459
9 ,4 9 0 12,661 18,7 41 1 1 .6 5 2
5 3 6 ,49 7
200 Sea Island.
To Norrkoping -April 2 -Bark Lingard, 1,700,
To Nvkopiog—April 2 - Bark Lingard, 1,000.
B r u n sw ic k —To Bremen -March 31 Steamer Karoon, 2,900.
C h a r l e st o n —To St. Petersburg—April 1—Bark Kestituta Madre, 1,710.
To Barcelona -April 2 —Saik Mario, 1,300.
P o r t R o y a l —T o Liverpool - April 4—Steamer Auretta, 4,630.
Wil m in g t o n — To Cardiff—
April 5 —Bark Flora. 2,000.
N o r f o l k — To Hamburg—March 31—Steamer Vortigern, 800.
S e w p o k t N e w s —To Liverpool—April 2—Steamer Shenandiah, 1,176.
B oston — To Liverpool-Maroh 28—Steamer Lake Ontario, 1,515. . . .
March 30 Steamer Roman, 842 upland aud 150 Sea Island .
April 2-Steamer Angloman, 1,689.
B a l t i m o r e — To Liverpool March 2 8 — Steamer Rossmore, 6 7 4 .
To Bremen—March 2 9 —
Steamer Stuttgart, 3,657.
To Antwerp—March 3 0 —
Steamer Rialto, 1,150.
P h i l a d e l p h i a - To Liverpool - April 3 Steamer Indiana, 59.
To Antwerp—April 4 - Steamer Illinois, 50.
4 1 5 ,3 9 1
Spain, Italy, &o...
Ail other.....................
.
.
_
T o t a l Sp a i n , & c
Grand To tal
Below we give all news received to date o f disasters to
vessels carrying cotton from United States ports, & c.:
Si r G a r n e t W o l s e l e y , steamer (Br.l, Johnson, from Brunswick for
Bremen aud Hamburg, with 3,175 bales of oottoa. While proceed
ing to sea April 5 struck on the bar. Came off at evening and
proceeded. No damage.
Cotton freights the past week have been as follows:
T h e F o l l o w i n g a r e t h e G r o s s K k o e i p t s o f c o t t o n at
New York, Boston, Philadelphia and Baltimore fo r the past Liverpool, steam.d
Do
.......... d.
week, and since September 1, 1893.
Receipts
from—
N. Orleans...
Savannah...
Mobile ....
Florida...
So. Carolina
No. Carolina
Virginia.. .
.
Niw Yo
T h is
w eek .
5,9~9
5,680
r k
.
BOSTON.
2,22b
299.385
177,0< 7
208,084
915
488
569
418
17,998
58,357
10,87?
93,704
Tenn., &c...
Foreign...
91
Total....
16,395
Last year.... 24.594
Philadklph’
a
T h is
S in ce
T h is
Sines
S e p t . 1. w e e k . S e p t . 1. w e e k .
08,705
7,694
948,411
2,322
40,440
220
Since
S ep t.
1
8,707
Baltimore.
T h is
w eek.
1,687
Sine*
S ept
74,451
r.......
54.058
1,378
500
86,315
13,546
73,013
2,605
577
45,673
602
50,928
4,200
441,434
803
63,786
2,289
198,992
911,067 12,221
474,175
3,547
07,402
4,880
172,542
Havre, steam .. d.
Do
later.......d.
Bremen, steam..d.
Do
later... d.
Hamburg, steamd.
Do
later..d.
Ams’dam, steam.c.
Do
later, .c.
Reval, steam ..d.
Wedn&i. Thurn.
AY*
Satur.
Mon.
Tuet.
9««
Ha
964
9at
964
....
....
....
....
....
....
27V
301
30t
30t
30t
301
....
....
....
35t
35t
35t
35t
.. . .
....
ll64
35t
964
.. . .
....
....
....
....
....
B
32
®32
B
32
B
32
B
S2
B
33
....
....
....
....
....
....
251
25-27 ^1 25-27k!f 25-27ist 25-27ifit 25-27%t
....
....
....
...
....
....
1S04
732
7S2
782
732
13«4®732
.. . .
8’lona, direct. ..d.
....
....
....
....
....
Genoa, steam...d.
31«
He
3ia
316
S16
316
Crleste, via Hull.d.
H
h
1364
Antwerp, ste am. d.
764
*8
*8
764
*8
' Cents per 100 lbs. and primage.
t Cents net per 100 lbs.
Liverpool.—By cable from Liverpool we nave the following
statement of the week’s sales, stocks, &c., at that port:
i
16 Mch. 22 Mch, 30. |April 6 ,
31.000
41.000
66,000
63.000
Bales oi the week.........bales.
i ,000
3,600
500
2,lo 0
Of which exporters too* ...
1,000
300
1,000
1,400
Of which speculators took ..
37.000
27.000
55.000
Sales American.................. — 54.000
5,000
3.000
7,iX>0
5,000
43.000
53.000
60.000
Forwarded......................... — 67.000 1.840.000 1.859.000
1.768.000
Total asock—
Estimated........ I,*525.000
Of which American—Eatim'd 1,534,000 1.542.000 1.557.000 1.512.000
s :.000
72.000
98.000
63.000
Total import of ike week.......
43.000
50.000
64.000
55.000
Of which American...........
146.000 145.000 125.000
80.000
Amount afloat.....................
60,000
Of which American............. 130.000 115.000 105.000
rt: —V re-count of the sfiQ k of cotton at Liverpool on Waroli 3 1
G
stowed the actual tot.t stock on that date to be 1,775.Mo bales, of
which 1.513.493 bales were American. Qtmptrea w ith the rutmius
count this it a decrease in total stock of 83..U5 biles, of which li,507
Amenean. 21,355 Brasilian. 5,613 Egyptian, 2,111 S u ra t a n d 6,389
-other growths.
The cone of the Liverpool market for spots and futures eat h
day of the week ending April 6 and the daily closing prices
of spot cotton, have been as follows:
Mch.
DAILY CLOSING PKICES OP NO, 2 RED WINTER WHEAT.
Sal.
Mon.
Tues. Wed,
Thurs.
64
65%
63*4
63*4
66%
65*3
65%
66 ^
67%
68%
66%
69%
60>«
68%
August dellnery..
67%
67%
. 0 . 67%
68%
lelivf
69%
71
703s
705g
71%
73%
715s
4*18
43ie
4*W
4®ie
4sta
12,000
12 ,00’
12,000
12,000
10.000
500
50*'
500
500
{
Qnlm at W et &
partlafly i~*4 adUH dec. vaaee.
Steady a* Stead? a'
1-04 $ 3*4* i
W * dice.
1:45 P *•j is V X ! advane®. dadme.
Very
Mh
t&iJ?.
Steady.
500
Barely
*ai»i. Qalet ano Steadysteady.
lY i.
66%
68%
89%
70%
74
There has been very little activity to the dealings in the
market for Indian corn futures, and in the first half of the
week prices weakened a trtfle in anticipation of an increased
crop movement but later advanced in sympathy with the
rise in wheat. There has been a fairly active trade in the
spot market, shippers having been moderate buyers, but
prices have declined in consequence of the settlement of the
deal in March contracts. ' The sales yesterday included No. 2
mixed at 44 , (5. in elevator and 454c. delivered ; also steamer
4
mixed at 434 ®4S$£o. ia elevator and 45c. delivered. To-day
the market advanced with wheat, but later lost- most of the
improvement. The spot market was firm but dull. Sales
included steamer yellow at 4oe. in elevator; No. 2 mixed was
quoted at 45c. in elevator.
DAILY
-Saturday ifrmauy. Tuesday, Wmne* Thurtd'y Fr*a.
1|
Fully
Fall?
Market, { Q m Harden’s. malnt’oed Firm. matnt'ner Qal«t
1:45 P. \ w *
n
Spot.
Mld-Upl’d*. 43ia
Sales........ 8.000
Spec. A exp
500
Futures, j
609
THE CHRONICLE.
APRIL 7, 1894,]
CLOSIN G P R IC E S O F N O .
2
M IX E D CO RN .
Sat,
Sol Mon.
Tues. W
ed.
Thurs. Fri.
,0 43
415,
42%.
April delivery............ o 43
43
44
.0.
42% 42% 43
Mav delivery .............e. .125»
44
44%
.0
July delivery.............. o. . 43% 43% 434,
45%
44% 45
Oats for future delivery have been fairly active and prices
have made a moderate advance, in sympathy with the im
provement in wheat and corn. There has been a fair trade
in the soot market at firm prices. Yesterday the sties in
cluded No. 2 mixed at 36®304 c . in elevator and No. 2 white
at 394«4t>4«;, ia elevator. To-day the market was higher
early but Inter nearly all of the improvemen t was lost. The spot
market was firmer but quiet. The sales included No, 3 mixed
at 804c. in elevator and No. 2 white at 404 c . in elevator,
D A IL Y CLO SIN G P R IC E S O P NO. 2 M IX E D OATS,
Sat
Mon, Tues. TTrd. Thurs.
Fri.
The opening, highest, lowest and closing prices of futures April delivery— . — ,.e. 35% 35% 35%
.ft.
35% 36%
36%
33
35% 35% 36
31% 35
at Liverpool for each day are given below. Prices are on May delivery..............,c.
34% 35% 35%
31% 31%
the oasis of Uplands, Low Miiidling clause, unices otherwise July delivery............. e. 34%
Rye has been dull and without change, B •rl'*y has been
s ta te d :
quiet, but steady.
The following are closing quotations:
* « « . . M c h . 3 1 . 1 MmWm A p r , •A
.
| fO «< M A p r , 3
FLO R.
U
F ine................... V »<'■ 41 7 5 * * 2 0 0 Patent, winter..........$3 lo®$3 50
flwt. U u (Mm, Oymt «*** Lew. Ob*.
Omr* HUA Low. (U
■Qpm
4
i. | A
4 m 4 #3 14 #8
4 O * m : : 4#S
ft
4 m i m i. -im
4ftf§ * m
4m U n
4 1ft * i# 4 13
4 U 4 11 j 1 13
4 It t m 4 14
4 13 4 13 4 IS
*U
W .0 -. A p r , 4 .
PA prll.........
JkmiUrnr
Jane Jttly,.
Jm r a w ...
teM top t.
S ep l.O vt...
O w .N n v ..,.
ITftir>jD «e ..
|‘ f t l N .
opm:Bish\Lme, CKW I*WI
.
4.
4m
4&7
4m
*m
4m
4n
* 13
* ia
4n
4 IS
4,
4 m
4m
4 (S
tm
«u
4 If
41*
* 13
* 14
4 ift
H R
44m
*07
4m
4 m
41#
4 41
* 11
i it
4 13
4 14
-L
100
4 00
4 0#
*u
4 13
4 13
4 14
4U
4 18
4 it
* 1 A
4 at i 407
407'. 4 m
**» 4 m
4*3# 4 m
4 10 . 4 11
m
* u
* 12 4 n
4 13 4 IS
413 4 n
4 14 4 lb
If
4,
A
April........... * 6ft 4 m
* <5
>
Apr. Jl*y. .
May-Jtme., ■tm t m
i W 4fM
JmUh-jQij - JnJy-Aag... i m 4 9&
4 10 4 W
8mpL-o,-jx „ . * n 4 11
l 12 * It
Kdr.-Uec.. i IS * 13
Hsfe^las—
soe
4®S
4,m
4 1#
ill
4 13
413
*H
114
4 18
4.
4 08
im
40#
41#
4m
4 13
4U
4 14
4 1ft
* 18
4.
tm
4m
*<m
4H
4 it
* 13
4 14
41ft'
4 l#
4 11
A yr .3 .
A
■4 m
; im
«m
i 4 1ft
*11
4 It
4 13
* 14
4U
4 l«
!
i
4 *>i
4m
4a
4m
4 13
4 Si
* 15
4 18
4 IT
A.
*m
im
4m
4 11
i U
i 18
l 14
* IS
i 18
4 17
P r t .t A p r , 6
im e. Olm,'.
A
im
4m
4m
i m
411
4 11
4 12
4 13
4 14
4 1ft
A
4(38
4<m
4$j
410
4 11
4 It
4 14
ill
4 15
4 18
4. , A
4m
4#
4m ; i m
4<m i m
4U *m
4n
4n
4 IS 4 It
4 13
i u
4 14 4 U
4 IS 4 n
410 4 m
Im*., Qm
4.
4 98
4m
4 0#
« 10
4 11
4 It
i is
4 14
*15
*m
4
...
4m
im
407
4 6*
4 10
4 11
4 11
4 12
4 S3
4 14
tm
i (S
*m
* 00
4 1#
4n
4 12
4 13
4 14
4 15
S A O S T U F F S .
Friday , April 6, 1894,
In the early part of the week trade in the market for wh-mt
flour was sluggish, but later an advance in the grain brough
out buyers, and a limited business was transacted in trade
brands at an occasional advance of 5c. per barrel; but an acti ve
trade was checked by nulls advancing their prices above buy
ers’ view*. Yesterday a fair business was accomplished in
shipping grades at prices that were asked a week ago. Jive
flour baa teen sparingly offered and firm. Corn meat has sold
with a fair amount of freedom at full prices. To-day the
market for wheat flour was fairly active and firmer.
Immediately after our last there was a slight decline in
prices « f wheat futures under realizing sales by longs and a
disappointing decrease in the visible supply, bnt auuseipi-ntly
the market became active and valu « rapidly advanced on
free buying both for *' lon g" and "short* account, stimulated
by reports of serious damage to the crop in toe Southwest
and on the Pacific 1 oast by lack of moisture and high winds,
The amount of business done in the spot market has been small
a« prices have continued above ablpprs’ limit,,. The sales
yesterday included No. 1 Northern at 4!<c. over May in store
and 5 * 0 . over May In elevator. T oday the market' was ac
4
tive and very nervous. During fairly ’ Change price- declined
under realizing gales by * longs,” tuen came a «h trp advance
•
oft free buying stimulated by continued anf tvor.ude weather
conditions at the West for the growing crop, but later re
newed selling by " longs '■ to realize caused all the improve
ment to be lost. The spot market was firm but quiet. No. 2
red winter was quoted at le, over .May f, o. b. afloat and No.
1 Northern at 4,4c, over May in store.
S uperfine......................
Extra* S o . 2 ...............
I 8 5 if 2 1ft
2 0 0 8 2 80
Extra, No. 1 ................
2 20* 2 H
O
C i~ a r » ...........................
S tra ig h t*......................
2 3 0 8 2 75
3 75* 350
Pa'eut. -prime
. . . . 3 5 09 4 20
City mills extras.......
3 5 0 » 3 60
Western, A c ............
2 009 210
R • door, superfine,. 2 60* 2 90
>•
Buckwheat Don ................. ®
Dour
Lorn meat—
B ra n d y trine
2 70
{W h ea t Hour to s a c k * sells at prines b e lo w th o se f o r b a rre ls.]
CRAIN.
c.
j C orn, p e r trash—
ft*
e.
o.
gprtnpr.per trash.. 03 a 7 3 I W est'll m ix e d _____ ■ 4
1
48
S o. 2 m ix e d ......... .. 45
Bed winter No. 2 .. 66 » 07%
46
B e d w i n t e r ............... 5 1 «
Western y ellow ..
63
45
48
Western w hite___ 45
White................. 55 »
43
Bye—
Opt*—
Mixed,per Im. 35 ® 38
White...................... 10 * 13
Western, per hush. 55
56
So. 2 mite*!........ 30*** 37 >* S tate an d J e r s e y .. 51
57
’
No. 2 while............ 10*** 111 * B a rle y — No .2 VVest'n
at l - 2-towed......
60
8 . 6-rowed............. . a _
_
The movement of breadstuff* to market ia indicated in the
statement below ia prepared by us from the figures of the
New York Produce Exchange. We first give the receipts at
Wintern lake and river ports, arranged so as to present the
comparative movement for the week ending March 31, 1894,
and since August l, for «*ach of the last three years:
fi£ee#4ptsmt—
tlemr.
(
Wheal.
Oam,
Oat*.
* 4 . IttHb. TluthMU* BushM m BwtLSm *
SrjftASft 1,108,002
m iem o .. ..
im j( &
m m
01.000
24,800
7<4040*
diiwaaltw....
%m.*m
mi
2/m
uxiltun........
«W, 41#
itMmmpoUh.
Toledo.........
l30T t =
8
18.100
1*3.400
88,208
5*troit....... .
109,470
8»,999
10.131
m .m
3t»r«!»n4_.
**.467
88,040
#4.071
802,015
It. Loan-----800,970
88A0OO
Paori*— .. .
14 4W
42 1,900
4,8ft#;
&S.106
g«tuaa City.
MAT*
ijm
..
.........
«9t>wm P4,
1,4SW Oil S.18S.948 2,020.053
4»mmmk*9&
\ m $ w ; tA U M h I f r l A U
Ui.W.0.15
imao wk.Vt.
1,700.489
tm ,m \ 8.#44,070f
Au$. l,
iao*-»*. .,
1sis.#ss,4i# n s m , n i 85.200,838
79,!♦#.4*21
9%w / m ■ r p w j m 1
w
.
$ M U M l 82,476.8131 00,715,171 74M4J77
Barley.
Rye.
BmhABlf R u m IM.
210,786
85,2*0
142,800
32,200
600
12,726
21*750
10,50*1
......
2.300
3,000
........
410,111
413,009
*81.4*6
63,280
02,115
75 041
28.470.384 2,803,024
26,714,710 6,385,320
27.237,0^) 13.407,719
The receipts of flour an t grata at the seaboard ports for the
week ended March 31, 1391. follow:
Barley,
Oat*,
Cam,
Rue,
„
tx'' -. ■ Wheat, bim
M Hptt (ft —
m
-*
bbU
bush.
ftturn.
trash,
hm
h.
h,
New t ftffc,,.. ___ Mh.7<B
71.250
8,990
wm mum . 831.801
L ® 17*19& 100,944
,m
Eteifeffl..,.,,.......
b-A i®
jk
# .*3
,S
1.200
Montreal
1 U34
0.15 >
PbilMleiphia
6 1 8 «.;I
m.om 850,774 1 it *871
Baliimoru., ___ ... 1 *1,348
m o
.>
Si.405 5470,187
m
5 ,07-*
14,800
38,666
BKAmoQd. . . . . . . . . .
», 4 *
-45
NSnrWfeaiii .......
65,371
13,1**
_ Hotel W
eek...... M im UAUW &
14,091 Wtsm 79,849
Weak HNS.............. 394.1 II
607,152
Si 1,1:11
964,970
137.181
6,
The total receipts at ports named in last table from Jan. 1
to March 31 compare as follows for four years:
BeertpUof1874.
m
18W.
ISO!, f
*,2 0 *0
7 ,9 1
4,80>,U12
flo o r ...............DM*. l.teJ.CST '■
.......................
‘ 270,189
4.801.212
S,3»!M
>74
Whoat............bush,
a .m .w s
C o n i............................ 19.370110
Omto ...
B \07 .
m
::::::::: 8 3 8 8
Rye...,
T o ta lg r a in .,,.,... 31,001078
8,710.849
i,0 6 *,7 0 0
172,774
19,075^007
42,717.97 4
12,081,003
2,171,727
1,053,136
30,435320
TT, 640,546
& *tt.7 2Q
10.95H.369
4,854,983
10*107,438
8.158,768
*•8858
25,016,088
[F L V
O .L IIl,
THE CHRONICLE.
610
The value of the New York exports since Jan. 1 has been
The exports from the several seaboard ports for the week
ending March 31, 1894, are shown in the annexed statement: $2,999,634 in 1894, against $2,315,880 in 1893.
Lines of cotton go ids directly affected by the print cloth
Peas.
Rye.
Flour.
Wheat.
Oats.
Corn.
bush.
bush.
lush.
ibis.
bush.
bush.
Exports from—
22,403 market are generally firtn. and in some makes of brown and
5,339
82,041
150,759
New York............. . 492,3*9
22,005
bleached cottons in print-cloth yarn grades sellers have occa
Boston................. . 136,625
113,135
8,319
4,125
60,29 L
Portland................
sionally secured rather better prices, while a better demand
25.972
Philadelphia......... . 16,000 137.571
has been prompted for kid-finished cambrics and other con
26,782
700.836
Baltimore.............. . 4*,00t
1,326
New Orleans........ . 21,5u0 302,905
verted linings at previous pi ices. In other respects the mar
15o,&89
Newport News......
ket for staple cottons is without alteration. Heavy-weight
144,000
Norfolk.................
Montreal..............
brown sheetings in moderate jobbing and fair export de
.......
30.722 mand. Medium and fine grade bleached shirtiDgs and
5,339
Total week.......... 713,511 1,83ft,380 162.5*11
0,006
31.162
79,805
518.183 323,892
Same time 18P3......1,463,928
wide sheetings quiet, with only occasional transactions
The destination of these exports for the week and since of any moment. Colored cottons sell with some freedom
Sept. 1, 1893, i9 as below. W e add the totals for the corres at generally low prices, manufacturers and exporters taking
ponding periods of last year for comparison:
fuller quantities of denims, ticks, checks, &c., than of late.
--------Con..
-Flour,—
- Wheat.
White goods against buyers in low-grade staples; fancies
Week Since Sept. Week Since Sept. Week Since Sept.
Exports for
irregular. Fancy calicoes dull and weak in price; staples
1.1893.
Mar. 31.
week and since Mar. 31.
bids.
bids.
Sept. I to—
slow and irregular ; solids, turkey reds, robes, &c., neglected.
United Kingdom 91,847 4.889,449
Fine specialties in satines and other wide fabrics in sustained
974,718
Continent........... 20.354
888,181
8. & C. America.. 15,294
demand, as are indigo blues; shirtings quiet. Ginghams in
29,761
812,935
West Indies----average demand, without new feature. Print cloths firm,
231,103
5,515
Brit. N. A. Col’s.
21,147
110,266
.........
150
24,818
Other countries..
sellers checking demand by asking 2Jgc, for extras against
_ __________ _
_
713.511 31.321.632 1,830.3-6 35,016.548 2 13-16c. bid.
Total............... 162,911 7,821,194
323,892
Total 1892-93..
8,135.361 1 103,928 51.88o.l25
618,183 20,176,5^9
The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, March 31, 1894, was as follows:
Wheat,
In store at—
bush.
New York................... 10,427,000
Do
afloat........ 336,000
Albany.....................................
Buffalo...... ............. 1,128,000
Do afloat........................
Chicago................... 20,111,000
Do
afloat....... 1,163,000
Milwaukee................ 893,000
Do
afloat.......................
Duluth....................... 11,298.000
Do afloat........
209,000
Toledo........................ 3.113,000
Do
afloat........ 207,000
Detroit....................... 1,946.000
Do afloat........
729,000
Oswego.......................
20,000
8t. Louis.................... 3,584,<.00
Cincinnati..................
13,000
Boston........................ 375,000
Toronto.................... 122,000
Montreal.................... 629,000
Philadelphia..............
239,000
Peoria........................
120,000
Indianapolis.............. 214,010
Kansas City.............. 127,000
Baltimore.................
98 ,000
Minneapolis................ll,89l,<>00
On Mississippi River.
i0,000
On Lakes................. 1,047,000
Total Mar.31, 1894..71,536.000
Total Mar. 24,1894..72,164,000
Total Apr. 1, 1893....77.655,000
Total Apr. 2, 1892....41,028,000
Total Apr.4,1891....22,483,910
TH E
DRY
Barley
bush.
1,000
115,000
‘ Com,
Oats,
Eve,
bush.
bush.
bush.
20,000
395,000
839,000
..............................
2,000
75,000
55,000
43,000
425,000
46,000
80,000
156,000
198,000
5,657,000
628,000
1,000
5,635,000
209,000
7,000
..........
9,000
..........
..........
32,000
261,000
12,000
..............................
4,000
1,112,000
5,000
59,000
..............
1,000
38,000
22,000
..............................
9,000
........
515,000
41,000
15,000
....... 14,000
606,C00
13,000
..........
51,000
39,000
4,000
275.000
502,000
108,000
124,000
107,000
38,000
9,000
6,000
57,000
8,000
26,000
571,000
92,000
16,000
655,000
16,000
185,000
12,000
1,621,000
...........
18.539.000
19.165.000
15.317.000
11,5*9.000
2,661,233
2,7-13,000
2,713,000
4,538,000
3,692,000
2,545,337
GOODS
415,000
441,000
895,000
1,643,1.00
455,405
140,000
“ 8,000
32,000
160,000
..........
7,000
20,000
6,000
40,000
8,000
39,000
40,000
22,000
630.000
686.000
1,116,(00
919,000
1,275,693
1894.
Stock of Print Oloths—
Mar. 31.
Held by Providence manufacturers. 204,000
Fall River manufacturers................. 389,000
1893.
April L
.
27,000
29,000
1892.
April 2.
None.
12,000
Total atoefe (pleoes).......................593,000
56,000
D om estic W o o l e n s .— Business in spring weights
12,000
ha9 been
a feature again this week, buyers evidently being short of
supplies. Sellers who have stocks are meeting the demand
readily without attempting to realize any nigher prices,
although this may be done should there be another week or
two like the last. In heavy-weight woolens and worsteds
business so far as new orders go has been comparatively slack,
but agents have been kept well employed in making deliv
eries against existing contracts, there being much anxiety
among buyers to secure initial supplies as quickly as possible.
Satinets, jeans, cotton-warp cassimeres and the like are in
active. Overcoatings continue slow, while a quiet business is
passing in plain-faced cloakings. Woolen and worsted dress
goods quiet for present season and still neglected for fall trade.
Blankets in somewhat better demand; flannels and carpets
quiet.
F o re ig n D r y G o o d s . —There has been but an indifferent
business reported in the aggregate this week, bad weather
again exercising an unfavorable influence. Buyers are pur
chasing supplementary supplies of fabrics and other lines of
merchandise conservatively except where scarcity makes
possession desirable; then the demand is in excess of supply.
This is often noticeable in dress goods and silks. Very little
doing yet in fall lines.
I m p o r t a t io n s a n d W a r e h o u s e W it h d r a w a ls o f D ry G o o e s .
TRADE.
The importations and warehouse withdrawals o f dry goods
at this port for the week ending April 5, and since Jan. 1,
There has been a series of monotonous markets this week, 1894, and for the corresponding periods of last year are as
_________
with the regular day-to-day demand for both staples and follow s:
f
t
f
t
m
fancies hardly up to the average of the preceding week. The 0 H
S
*
'to
$ 't j
{Oc+
,
effect of the unfavorable weather which has prevailed for the - £ o
ifiF s tft
p F g la
m
"
c
+
past three weeks in most sections of the country has been B Sg.
1| © 1
o•
®! .
O
easily discernible, both in spot business and in the orders 2 ° :
o••
eK
c: ;
coming in from salesmen on the road. Notwithstanding ? Si
this, some sellers report good progress in cleaning up
*0 m
stocks at prices and on terms made specially for that pur 1 1 ;
© if*
I if*
f*
pose, buyers thus still giving; indications of an indisposition
Mto totoM 5 '
©
to go ahead of current requirements except when prices are
MtO-* tOM
©toto^j a <
3
if* to to© —M
DC O
|
C ©to C © DC -*
O
© cof* if*© <
made to suit their ideas. The market cannot be reported O C H CDCD©<3©
l
D ©©tOCOO*
©to
to © -v r- © © tO C
O
M
weaker in any respect than it was a week ago; there is no C C
O O
O O
HC C
-®ts
O
M M = © if*C C © O
OO C
M tO C if* © O
C
oca
more pressure to sell now than then in any direction, whilst
a
o
C ©MM©
O
m sotoa if*
—
© i © m c m© c
pi C
-G
C M a to M© © © coco
D
s i
in some quarters sellers have been in a position to ask some © ► O
OX
3
H V coca ’©© ’to"© <
coV c ©
od
o
£1
improvement in prices, and here and there to secure it. This
© © if*X c to
tO©MMlf* B © ©if* © c ^ © to
c
if**4*4X ©
D
O D
M©Off*M
is under special conditions, such as the strength of the print M coco © C M0*4 p C C ca
cloth market or a positive demand for some sold-ahead line if* A
if* to
if* If*
OO O
to ©to
1 © C C to C to
of merchandise. Good deliveries of merchandise are reported ca ©If* m © w © co
1
o 5 © to© SO©to
pi © © tocap 05o
8
s* c
>
o
*-q©k ©©
by the mills against business done lately and stocks are gen
G 0 C tO*0
O5 O
0 05© coca toco©
5
to©M©if*
© © o co© © *4 to
©©CO ©<3
erally regarded as working into somewhat better shape. Col
M © © toMC
o
O
1-05 a m © m © * © MM
&
5
S
5 f*
lections are reported generally prompt and of a favorable
5
8
G I
O
M
if* i
>*
f
M ©p©p<3
M
M M
fcO tO
MM tO B C
charater.
<3
D
0 M
0
o 3*
to©©to <
3 § C 05^ C0©©©<3 w © coo'mqo'c
O
© *4 tO*4to
© *4^ © —M© © v < © © toM*4-f.
D o m estic C o tto n G o o d s .—The exports of cotton goods
> 3 O OO p
M O CD 0 if* C .C O MO
M _M
3
C
f* 5 < 05© tO O
■3
*
©
from this port for the week ending April 3 were 5,689 o > C O ©lo O so
D
L
—*sica
O
< co© © if*b
1
o P C
to <1^ ©© c to c
o
*4© *4X ©
( > -* if*C © *4
X 4 O
C X© © c d a
O
packages, valued at $288,395, their destination being to the o C 00 C S © D O _ to to©
CC C C
to C © *4m C
O
O
O
points specified in the table below;
U
1
5
8
M
N e w Y o r k , Friday, P . M., A p ril 6, 1894,
1894.
New Y ork
to
1 893.
April 3.
Week. a
Since Jan. 1.
Great Britain...................... .
Other European.....................
China.......................................
India......... .............................
Arabia.....................................
Africa.......................................
West Indies...........................
Mexico....................................
iS lentral America....................
jL
' V _,onth America..... .................
Other countries......................
Total...................... ...........
China, via Vancouver*....
102
84
1 ,700
650
1,511
99
419
12
2 30
869
13
5 ,6 8 9
2 ,4 0 5
1 ,6 3 9
9 40
23,9 95
3 ,2 6 6
6 ,831
1 ,7 8 9
5 ,6 6 2
482
1 ,5 8 1
9,721
7 23
Week. Since Jan.
130
53
3 ,0 9 0
5
11
2 42
62
63
880
109
1,161
285
8 ,9 0 4
916
2 ,8 6 9
4 ,7 6 3
5,231
574
1,416
1 2 ,5 5 4
732
5 6 ,6 2 9
8 ,8 7 8
4 ,6 4 5
3 9 ,4 0 5
8 ,2 6 8
Total.......................... ........ 8 .0 9 4
6 5 ,5 0 7
* From New England mill points direct.
4 ,6 4 5
4 7 ,6 7 3
©
<
1
M
<
1
C
O
C
D
p com
G MMC C S
O
OO £
©ca
00S Or®0
O
0 o M caca
o to C if*
O O
D
00so -dC © C ©
M M
M
M £ u MC
b o
O
to ©<3
tO*000C M
D
J
O
r C MpOpCO B ( O MC
f* O
rfxH O o'r*
SS
©m
©
M COm C
M
D
C<
O3
© DC toC C C <3©
C O O
O
<C
15
O
C C
O O
Mt
O
C MO
O O
pco WpjO<3 **
O
O M lMif*
O O
© CM
© ©©C C
OO
M ~lif*
i C
to to©
toS M© h © D
O
©to
MM M
coo if* to
o
O C ©C G
fO OO
©SOMSO
©
©©©<3 if*
OCS C ©
* OO D
C S S co© m o o
O OO
0 M©
5
to
C
D
©
C
O
©
to
to
^
3
to to
m ca
to©
<3*^
©D
C
M M
M< © © M
3
MX M p©
* ” o; © *
f*to
f*
C
0if*M<J©
co©©co©
O
o C
©
©
D
wC
B p1
M
a ©
r
f*
1 ©
C
O
B *3
*
C0©C0<3©
XCO©C5tO
© tOC M
O
©X ©©M
C
O
M
r
t*
00
-3
to
MMMM
if*to©00 ( O
J
too© © ©
©©©©CO
tvtOH-if*®
©©©©to
<JCO©tf*©
to
M
C
O
M
M
to
-4
©
Mif*MC C
OO
© © © C *d
O
CO©© if-to
COM M
M
O © 'tO
D M «*3 3
Mto © x ©
© © MC X
O
Vt
to to© toM
MM© © O
C
©©©©©«
<3tf*©*M
tO 8
©©CO C to
O
if*© X © M
to MMm M
*4
■
© < <3XJO
3
<3© t MM
O
i l
S
C g.
D
©S
w
"*!
n
3
C tO< if*C
O 3 O
< if*00b ©
3
©no tojoji&
C tox © if* f*
O
© if*© © M
M<JOX©
§h
C
S
?
?
M
C
D
THE CHKONICLE.
A pril 7, 189-i J
Sta te
and
C ity D m r r t m i T .
term s
of
s u b s c r ip t io n .
C om m ercial and F in an cial C H R O N IC LE
con -
M 4 0 to 6 4 pages, published every week.
inm
State and City Supplem ent of C H R O X IC L E con
tains ISO pages, published periodically.
Investors’ Supplem ent of CH RO N ICLE (a Cyclo
paedia of Railroad Securities) contains 1 6 0 pages, published
every other month.
Subscription to CHRONICLE for one year 6 1 0 .0 0 ,
which includes everv issue of both Supplements,
T h e purpose
this State and City D epartm ent
of
is to furnish our subscribers with a weekly addition to and
continuation of the State a s p Cit y S upplement . In other
words, with the new facts we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
shall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
State and Cit y Supplement to as near the current date as
posable. Hence if every Subscriber will note in his S upple
ment on the page designated at the head of each item a
reference to the page where the item in the Chronicle can
be found, he will at all times possess a complete and fresh
cyclopeedia of information respecting Municipal Debts.
NOTICE.
A new edition of our State a n d C it y S upplement
corrected to as near the date of publication as possible
will be issued April 2 1 . We make this announcement
in response to numerous inquiries which have recently
been received.
B on d P ro p sa a li and N egotiations.—We have r aeived through the week the following notices of t ones
recently negotiated and bonds offered and to be offered for
•ale.
Auburn. Neb.—Proposals will be received until April 20,
1861, for 120,000 of 5 per cent city of Auburn water bonds
dat**.l April 1, 1894, and maturing April 1, 1914, with option
of call after April 1. 1699. Interest will be payable annually,
and both principal and interest will be payable in New York
City. The city has no indebtedness at present. The follow
ing financial statement has been sent to the CHRONICLE by
City Clerk C, 0 . Snow.
Auburn is in Nemaha County. E, M. Boyd, Mayor.
LOANS—
w hm P in . T ax valuation 1 9 9 3 ...... 8273.521
6*. A pril, *20,000 ...A p r il l , 1914
Optional after April 1, 1899
Amwwstneot about % actual value.
Total tax (per *1.000)........... *t;-(J0
iInterest payable in New York CUy. Population in 1990 w as........ 1,537
Total debt April 1,1804
.8a0,000
Bellevue, Ky,—The Town Clerk of Bellevue lias recently
sold $6,000 o f 10-year street improvement bonds, bearing in
terest at the rate of 6 per cent, at 102J£. The town’s total debt
is $112,200, all bonded; sinking funds. $26,500; net debt, $83,100. The total assessed valuation for 1892-4 is $1,500,000; total
tax per $1,000, $18 50.
Beverlr, .Has*.—iState and C ity Supplement, page 21.)—
Four per cent sewer extension bonds to the amount o f $100,060 have recently been voted.
Brock ton, Mass.—(State and City S upplement, page 22.)—
Bids will be opened to-day by City Treasurer \V. H. Erner*on for Brockton loans decribed as follows:
j LO A N S—
I , Bxwr.a R o n * -
When Due.
LOANS-
S c h o o l Bo n d s -
When Due.
4.*,J4D.8100 00C .D cc.l5,’01 to'23 4s, A AO, 87.000. Apr. 15/95 to’ Ol
1
95.000 due yearly )
(*1,000 due yearly.)
Crrr Hall Bosds4*. A AO. #45,000 A p r.l5 .’99t.x'23
1*1300 due yearly ;
B o iler County, Ohio.—(State and C it y S upplement ,
page 78.)—This county has been authorized to issue bridge
bonds to the amount of
$10,000.
Cedar Rapids, Neb.—It is reported that water-works bonds
of this village to the amount of $9,000 will soon be offered
for sale.
Cleveland. Ohio.—(State and City S upplement, page
79.)—The following Lids were received on April 2nd for the
purchase of $600,000 of 4 percent park coupon bonds.
N. W. Harris & f*n, Chicago, t n ....................... .............................8 3 1 2 ,1 2 1
Euclid Avenue National Bank. Cleveland. C bio.......................... 313,530
1 German kmerlcan Investm ent Co., Now York. N. Y ................. 310.65ft
P. L Day A Co.. Boston, M ass........................................................ 3 IK,077
!Blodgett, Jpferrlt & ! <).. Boston. Mass............................................. 311.340
iSeasojigood A Mavor, C incinnati, O hio........................................ 314,651
; B»alr & Co., New Y ork. N. Y . „ . .............................................. .
310,758
Blake * Co., Boston. Mass................................................................ 311.100
611
Interest on the loan will be semi-annual, both princi
pal and interest being payable at the American Exchange
National Bank, New York City, and the bonds will mature
April 1, 1924.
Danville, Ky.—An election will be held at Danville on
April 14 to vote on issuing water-works bonds to the
amount of §70,000.
Davenport, Iowa.—(State and City Supplement, page
109.)—At a recent elec ion in Davenport the proposition to
issue jail bonds to the amount of §75,000 was defeated by a
large vote.
Greenwich, Conn.—(State and City S upplement, page
37.)—Four per cent 20-year school bonds to the amount of
§50,000 have been awarded to Messrs. Street, Wykes & Co,
of New York.
Maiden, Mass.—(State a n d C i t y Supplement, page 27.)—
The following bids were received for §42,000 of Malden water
bonds and §20,000 of city notes :
For bonds.
E. M. Bollius A: Sous bid..................................... 104-1326
N. W. Harris A Co. b id ....................................... 100-55
Lee, HlggtosoD & Co. b i d ................................... 102*915
Brewster, Cobb * Estabrook b id ....... ...............104-79
Blake Pros & Co. bid ............................. . 100*41
B . L. Day & Co. b id ............................................... 104-2-7
The Baldwin Bros. Co. b id ....... ........................ 104-552
F or notes.
100-9125
102-915
100-89
100-64
100-53
Both loans were awarded to Brewstef, Cobb & Estabrook
Media, Ohio.—Village paving bonds to the amount o^
§9,000, bearing 5 per cent interest and maturing in yearly in
stallments from 1895 to 1903, have been awarded to Messrs.
Street, Wykea & Co. of New York.
M llledgerille, (ia.—City Treasurer P, L. Fair will receive
proposals until April 17 for §6.000 o f 6 per cent bonds due
May 1,1924, and also for $3,000 of 6s due part yearly on Dec, 1.
Owatunna, Minn.—A n election will probably be held to
vote on the proposition of issuing §15,000 of electric light
bonds.
Pontiac, Mich.—(S t a t e a n d City S u p p l e m e n t , page 99.)—
The citizens of Pontiac will soon vote on issuing §15,000 of
water-works extension bonds.
Red Wing, Minn.—(State and City Supplement, page
106.)—Bids will be received by City Clerk W. E. Taylor until
April 20th for $70,000 of 5 per cent city bonds, issued for the
purpose o f building a wagon-road bridge accross the Missis
sippi at that point. Interest on the loan will be payable
January and July, and the bonds will mature at the rate of
§5,000 yearly from July 1, 1902, to July 1, 1912, both inclu
sive.
The total bonded indebtedness, including this issue, is §208,000, of which $80,000 was incurred (or tile water-works, owned
bv the city and more than paying the running expenses.
The eity has no cash sinking fund on hand at present, nlhough a mill tax is levied annually for that purpose. There
is no other than the above bonded indebtedness, except out
standing orders to the amount of less than $1,000. The prin
cipal and interest o f all bonds previously issued have always
been promptly |»id at maturity and no issue has over been
contested. There Is no controversy or litigation pending or
threatened affecting the corporate existence or the bounda
ries of the city or the title of its present officers to their
respective offices, or the validity o f these bonds. No addi
tional bonds will probably lie i-eued for several years.
The ass-used valuation of the real and personal property in
the city in 1893 was $2,129,000; true valuation about §5,000,000. Population between seven and eight thousand.
Rhode Island.—(S t a t e a n d C i t y S u p p l e m e n t , page 33 )—
Bids will be received by State Treasurer Samuel Clark until
April 16. 1894, for $1,500,000 o f 3| j per cent bonds o f the
“State House Construction Loan." The bonds are exempt
from taxation in the State of Rhode Island and are secured
by a sinking fund established for their payment. Interest
will be payable in gold on the first day of January and July,
and $300,000 of the bonds will fail due in 190-4, $100,000 in
1914, $400,000 in 1924 and $400,000 in 1934.
Saugus, Mass.—(State and City Supplement, page 30.)—
A loan of §10,000 for water-works has recently been voted by
this town.
Scranton P a —(State and City Supplement, page 70.)—
The city of Scranton will issue bridge bonds to tlie amount of
$250,000. The present net debt, of the city is §5u0,834 and its
assessed valuation is §18,988,565.
Upshur (.’onnty, W. Yu.—The districts of Union, Warren
and Buckingham have voted to issue 6 per cent railroad aid
bonds to the amount of §30,000.
Woen.hocI et, R. I.—(State and City Supplement, page 35.)
—City Tieasurer L. P. Cook will receive bids until April 14th
for 4 per cent city funding bonds to the amount o f §839,900.
The securities will be dated April 1 ,1894, and fall due April 1,
1624, without option of payment before maturity.
S T A T E AN D C IT Y D E B T CHAN GES.
We subjoin reports aa to municipal debts received since the
last publication o f our State and Cit y Supplement
Some of these reports are wholly new and others cover items
of information additional to those given in the S upplement
and of interest to investors.
612
THE CHRONICLE.
Adams County. Neb.—J. H. Fleming, Treasurer.
County seat is Hastings.
L O A N S—
When Due.
COURT HOUSE AND JA IL —
•Sa,.......... $75,000 ..J u ly 1, 1909
subject to call after July 1, 1899
R a il r o a d B o n d s-
58, ........., $125,000 ..M ay 1, 1908
IN T E R E ST o n a llb o n d s issued by this county is payable in New
York.
Valuation, etc.
Total debt Jan., 18 94... $200,000
Sinking fu n d ...................
45,572
T ax valuation 1893---- 3,171,787
Population in 1390 w as.......21,303
Population in 1880 was.......10,235
Aurora, Neb.—Delavan Bates, Mayor. The following state
ment has been corrected by means of a special report from
Robert Woddle, City Treasurer.
This city is in Hamilton County.
LOANS—
A u r o r a P r e c in c t
A id B o n d s-
When Due.
W a t e r w o r k s B on d s—
.................$ 2 5 ,0 0 0 .... Aug. 1, 1908
subject to call after Aug. 1, 1893
6s, . . . . . . .
7,0 00.. ..Oct. 1, 1910
subject to call after Oct. 1, 1895
A u r o r a Sc h o o l D is t r ic t —
6 s , ........., $ 5 ,0 0 0 ....July 1, 1909
subject to call after Ju ly 1, 1899
R a il r o a d
88........... . $ 8 ,0 0 0 ....J an . 1, 1900
Total city debt 1 8 9 4 ...........$32,000
Tax valuation 1893.............230,109
Assessment about 1-6 actual value.
Total t a x (per $ 1 ,0 0 0 )......... $60-00
Population 1890 w a s.............. 1,862
Buffalo County, Neb.—P. E. Stuckey, County Treasurer.
County seat is Kearney.
Sinking fu n d ...................
$26,318
Net d ebt...........................
116,682
Co u r t H o r se B on d s—
T ax valuation, re a l____ 2,141,716
5s, J&J, $45,000....... Jan. 1 ,1 9 1 0
Subject to call after Jan. 1 ,1 9 0 0 T ax valuation, personal 1,433,575
Total valuation 18 91.. 3,575,291
F u n d in g B o n d s —
actual value.
7s, MAN, $ 1 9 ,0 0 0 ....M ay 1 ,1 895 Assessment about
7 s MAN, 2 5 ,0 0 0 ....May 1, 1900 County ta x (p e r $ l,0 0 0 )........$15-00
5s J&J,
5 4 ,0 0 0 ....Jan. 1, 1908 State tax (per $1,000).......... $7-00
Subject to call after Jan. 1 ,1 8 9 3 Population in 1890 was....... 22,162
T otal debt Feb., 18 94 ....$ 1 4 3 ,0 0 0 Population in 1880 w a s____ 7,531
INTEREST is p ayable at Kearney, Neb.
LO A N S -
When Due.
LO A N S—
When Due.
Co u r t H o u se B o n d s,
NEW
Assessment about H actual value.
State ta x (per $1,000)............$6-00
County tax (per $1,000)___$14-70
_
Population in 1890 w a s_ 24,080
Population in 1880 w a s__ 16,683
LOANS—
When Due.
R efunding B onds —
4128, A&O, $65, 0 0 0 . . . . O c t 1 , 1 9 1 0
Subject to call after 1 9 0 0 .
LOANS—
When Due.
Bonded debt Feb. 1, ’94. $695,000
T ax valuation, rea l.......20,887,535
Tax valuation, personal 4,587,797
R o a d Im pr o v e m e n t s Total valuation, 1893..25,475,332
4128, J&J, $156,000.. .July 1, 1912 Assessment about 1-5 actual value.
R e f u n d in g B o n d s —
.State tax (per $1,000).............$6-37
5s, J&J, $268,000.......July 2 ,1 9 0 7 Comity ta x (per $1,000)......... 15-00
5s, J&J, 158,000.......July 1,1911 Population 1890 w as.........158,008
Interest payable in New York City. Population 1880 w as......... 37,645
C d iir t H o u s e B o n d s —
6s, J&J, $119,000........Jan. 1,1 901
Saunders County, Neb.—P. B. Olson, County Treasurer.
County seat is Wahoo.
Total debt Jan. 1893.........$180,000
Sinking fu nd......................
18,682
Net d e b t ............................. 161,318
C IT Y OF A U G U S T A , G A „
R E D E M P TIO N BONDS.
To be dated M ay 1st, 1 8 9 4 . 3 0 Y e a rs.
SI ,0 0 0 each.
Interest 43^ p. c., payable sem i-annually.
S E A L E D B ID S in vited f o r th is issue. B ids t o b e
en tered h ere at o r b e fo r e n o o n Saturday, 14th A pril
B on ds t o he d eliv ered and paid f o r here a t o r b e fo r e
n o o n M onday, A pril 80t.h, J894. R ig h t reserved to
r e je c t any or all bids. T h e accep ted b id d e r m u st be
k n ow n or sa tisfa ctorily endorsed. A ll particulars
and fu ll Inform ation as t o financial and m aterial
affairs o f th e city sen t o n request. A ddress,
J. H . A L E X A N D E R , Mayor,
A U G U S T A , GA .
A u g u s t a , G a ., M arch 20,1894.
T ax valuation 1893___$3,300,000
Total ta x (per $1,000).........$18-40
P opulation 1890 w a s.......... 21,577
S h e r m a n County, Neb.—Louis Rein, County Clerk.
County seat is Loup City.
LOAN S—
When Due.
O l d F u n d in g B o n d s —
6s, ..........$ 1 8 ,000......................
R a il r o a d B o n d s—
6 s ,..........$ 3 8 ,0 0 0 ... Sept.
1 ,1 9 0 6
R e f u n d in g B o n d s—
Total debt Feb., 1894....... $165,000
Sinking fu n d ......................
10,000
T ax valuation 1893......... 1,060,000
Assessment about 1-5 actual value.
State & co. ta x (per $1,000).$26-75
Aver, sck’ol tax (per $1,000) 12-00
Population 1890 was.............. 6,399
Population 1880 was..............2,061
Fremont, Neb.—William Freed, Mayor. The following
financial statement has been corrected by means of a special
report to the C h r o n i c l e from City Treasurer W . H. Fowler.
This is the county seat of Dodge County.
M U N IC IP A L
$ 1 0 4 ,0 0 0
I Total debt Feb., 18 93...
$73,000
I T ax valuation 1893....... 2,266,642
I T ax rate (per $ 1 , 0 0 0 ) . . .
$ 2 2 -5 5
|Population 1 8 9 0 w a s ...
1 2 ,2 6 5
Douglas County, Neb.—H. B. Irey, Treasurer.
The county seat is Omaha.
N E W LOANS.
LOANS.
CLEV E L AND.
Cuming County, Neb.—J. F. Zajicek, County Treasurer.
West Point is the county seat.
5 s , ........ , $ 2 0 ,0 0 0 ...Sept. 27, 1908
4 s , ........ , 8 9 ,0 0 0 ... Sept. 1 ,1 912
Cass County, Neb.—L . C. E ic k h o ff , County Treasurer.
County seat is Plattsmouth.
5s, Jan., $80,000........Jan. 1, 1911
Subject to call after Jan. 1, 1896
Bonded debt Jan. 1,1894. .$80,000
T a x valuation 1893— $4,816,549
[V ol . L v in .
N E W LOANS.
BONDS.
G r e e n w ic h , C o n n ,, S c h o o l 4%>
S e a ttle , W a s h ., F u n d in g 5 % }
H a m i l t o n , O h io , G as 5% ,
M o b ile , A l a ., R e fu n d in g 4 -5 % ,
C o lu m b u s , I l i d ., R e fu n d in g 5% .
M U N IC IP A L
BONDS
FOR INVESTMENT.
Street, Wykes & Co.,
4 4 W A L L ST R E E T .
NEW Y O R K .
P A R T IC U L A R S
UPON A P P L IC A T IO N .
Rudolph Kleybolte & Co.,
Investm ent B ank ers,
M E M B E R S O F T H E N E W Y O R K A N D BOSTON
STOCK j CH AN G ES.
LX
3 0 W e s t Third Street.
Cincinnati) Ohio,
D E A L E R S IN C O M M E R C IA L P A P E R .
BOSTON.
W . J . Hayes & Sons,
10 W A L L S T R E E T , N E W Y O R K ,
Choice Investment Bonds of Cities,
Counties and School Districts.
OFFER
C leveland, O liio, 4 s ,
St. P au l, M inn. 6s,
T o le d o , O hio, 4^8,
And other choice Bonds netting the in.
vestor from 4 to 6 per cent.
D escrip tiv e C ircular M ailed o n A p p lica tio n .
New York State Bonds.
W E B U Y A N D S E LL
CITY COUNTY AND SCHOOL BONDS
IN THIS STATE.
C O R R E S PO N D E N C E
SO LIC IT E D .
Farson, Leach & Co.,
2
W ALL
ST.
A rch’d. J . C. Anderson,
P U B L IC ACCOUN TAN T,
1 * 7 W a te r Street.
NEW YO R K
Blake Brothers & Co.,
28
STATE
5
L IS T S M A IL E D U PO N A P P L IC A T IO N .
N A SSA U
STREET,
BOSTON.
S T ., N E W
YORK.
Geo. M. Huston & Co.
B OND AND
STOCK
DEALERS
W e buy and sell o u trig h t all W estern
M unicipal B on ds and Stocks.
We
c h e e r fu lly fu rn ish fu ll and re liable in
fo rm a tio n co n ce rn in g any W estern s e
cu rity w ith o u t charge. M on th ly q u o
tation circu lar m ailed t o all applicants.
N ew issues o f m unicipal bonds wanted.
W. J. Hayes & Sons,
SOS P I N E S T R E E T . S T . L O U IS . M O
Street R a ilw a y B o n d s an d o th e r h igh grade in
vestm ents.
The Mutual Eenefit
L I F F , I N S U R A N C E C O ., N E W A R K , N . J
A M Z I D OD D, P residen t.
A sset* (M a rk et V a lu es) Jan. 1,1894........... $53,340,002
L ia bilities (N. Y. and Mass. S tan d ard )___ 49,742,302
Surplus......... ....................................................... 3,603,790
Surplus, by fo rm e r N. Y . Standard, (A m .
E x . 4% per c e n t R e s e r v e )............................ 6,385,707
POLICIES ABSOLUTELY NON-FORFEITABLE AFTER
SECOND YEAR.
In Case o f L a p se th e P o licy is c o n t in u e d i n f o r c e
as lon g as its va lu e w ill pay f o r ; o r i f preferred, a
Paid-up policy f o r its fu ll valu e is issued in exch an g e.
A fte r th e secon d year P o licie s are i n c o n t e s t
a b l e , and all restrictions as to residence, travel or
occupation are removed.
C a s h l o a n s ar* m ade t o th e e x te n t o f 50 per een t
o f th e re se rv e value, w h ere va lid assignm ents o f
the policies ca n be m ade as collateral security.
L o s se s paid im m ediately u p o n c o m p le tio n and
a p p ro va l o f p ro o fs .
BAN KERS,
Dealers in M UNICIPAL BONDS.
1 0 W h 1 1 S t r e et,
3 1 1 -3 1 3 S u p e r io r
7 Exchange Place,
Boston.
New York.
Cable Address, " K E N N H T H .”
BONDS
Y IE L D IN G
AN
4%
TO
INCOM E
OF
6%
C IT Y , GE O. A. LEWIS & CO., Bankers
COUNTY
132 LA SALLE STREET,
S C H O O L SEND FOR LISTS.
CHICAGO.
Robert Koons
& Co.,
STOCK BR O K ER S,
4 3 2 L ibrary Street, Philadelphia.
Issue and m ail upon app lication b i-m on th ly quota
tion s o f in a ctiv e stocks and bonds, an d weekly
q u o ta tio n s o f ail m unicipal com pan ies o f P hila
____ _
CORESPONDENCE SOLICITED.
61B *
THE CHRONICLE
A pril ", 1894.]
LOANSWh™ -*>“ «• 5s, July, $29,000....... Ju ly 1, 1912
Optional 5 years from date.
City H . ll Bonds—
F r k m o n t s c h o o l D is t b ic t —
6s. June, $15,000...... Jane 1, 1909
Subject to call after J ime 1, 1894 5s........... . $ 3 5 ,0 0 0 ... .Aug. 1, 1909
Special Assessment B onds—
Cockt Honss BondsD is t r ic t P a v ih g —
65, June, $10,000.......J u n e l, 1909
Subject tot-ail after J u n e l, 1894 6s, Dec., $20,000....... Dee. 1, 1898
Subject to call after Dee. 1, 1893
Paying Bonds—
6s. A i O „ $ 1 5 ,0 0 0 ....A pr. 1, 1009 Os, June, $30.u0O— J u n e l, 1899
S u b je e tto e a U a fte rJ u n e l, 1894
Subject to call after Apr. 1, 1894
CTEBISG VS!) HUTTEBIXG—
Se w e r B onds—
5s, June. $ so .0 0 0 ___June 1, 1913 68, J&D, $3,805...... Ju ne'93 & ’99
Optional 5 years from date.
Optional 5 rears after date,
Fremont Precinct—
Wa t e b . B on OS
HKKtnamui B onds —
es, Nov.. $25,000.......Nov. 1, 1905
-a .'
. VI
1, IF.<0 6s............ $50,000........ Feb. 1 ,1 9 0 8
Subject to call after Feb. 1, 1898
6s. Apr., $35,000.......Apr. 1, 1909
Subject to call after Apr. 1, 1894
The Precinct In tbe above table are not Included In the city's total
debt, as they are not payable from tbe city tax proper,
IN T E R E S T I* paid partly at City Treasury, p artly in New York.
T O T A L BON DED D E B T February. 1894, was $209,000; special
assessment bonds, $53,805; total debt, $2 62,8 05; sinking funds,
$23,344; net debt, $239,461, Including water debt, $89,000.
ASSESSED V A LU A TIO N in 1393 o f real estate waa $612,402; o f
personal property, $ 2 50,8 23; total, $863,247. Total tax rate (per
81,000) In 1391 was $7 2 "25. Keal estate Is assessed at “ about onefourteeatb Its actual value.”
P O P U L A T IO N in 1890 was 6,7 47; In 1880 w as 3,013.
LOANS—
When Due.
P aving BoNDS~(Ctmt.)—
lying
5s, MAN, $100,000
1903
5s, JAJ,
100,000
1904
50.000
.
1905
5s, FA A,
..
1906
50.000
5s, .1AJ,
50.000
..
1906
58, A&O,
75.000
.Sept.,1907
5s, MAS,
100.000 ....
1908
53, . . . .
75.000
..
1909
5s.........
.
1910
75.000
4*S8, ...
50.000
..
1912
5s.........
100.000 ....
1913
B enewal—
1909
5s............ $100,000..........
School D istrict B onds—
5 s ,.......$200,000.............
1908
1912
5 s ,....... 385,000............
Se w e r B onds —
6s, M&S,
$100,000.... Sept., 1901
6s, JA B ,
100,000.... June, 1903
5s, MAN,
30,000....
1912
58, J&J.
70,000.....
1904
5s, MAS, $100,000........ Sept,, 1907
JLjs.F&A ,1 0 0 ,0 0 0 ..,...A u g., 1906
os,
100,000............
1908
5s,
. . . . 100,000........
1909
4b>s, ...
50,000........
1910
Special Assessment Bonds—
C u r b i n g A G u t t e r in g —
6s, yearly, $ 1 5 4 ,8 0 0 ...P art vearlv
A l l e y Pa v in g —
6s, yearly, $<10,600----- P art yearly
D i s t r ic t P a v i n g B o n d s —
6s. yearly, $980,700.. Part yearly
G radin g B onds —
6s,
— $178,450-----P art yearly
S t r e e t I vu 'r o v e m e s t —
58 and 6s, $ 5 2 2 ,2 2 0 ... .P art yearly
IN T E R E S T is a ll payable in New Y'ork, m ostly by Kountze Bros.
T O T A L D E B T , E T C -—Tbe subjoined statement shows Omaha’s
total m unicipal debt, tbe sinking fund held by tne city against tbe
same, tbe water debt, and the city ’ s floating dobt, on tbe 1st o f January
o f each o f tbe last fou r years.
1894.
1893.
Total bonded d e b t ..
$3,011,100 $2,447,500
Sinking funds...............
15.085
54,578
1892.
1891.
$2,036,100 $1,936,100
127,000
295,646
Net debt..................... $2,996,015 $2,392,922 $1,909,100 $1,755,456
In addition to the above Hie district d ebt (payable b y special assess
ment) was $1,876,750 on Jan. 1 , 1894, and the school distriot debt was
$585,000.
Omaha, Neb,—George P. Bemis, Mayor. The following
•DEBT LI MIT A T ION -—The city debt is limited by the Charter o f
financial statement has been corrected by means of an official
1893 (Section 66) to 10 per cen t o f the assessed valuation. The city
report from City Treasurer Henry Bolin.
ball bonds, fire engine bonds, library bonds and park bonds, amounting
Omaha is situated in Douglas County.
la all to $1,050,000, are excluded from this Charter limitation.
Whan Due. j F cndino B onds —
. B onds—
7*. MAN, 866,100........ N ov.,1900
4
J4S.A100.000........ .J l’ y l . m o 3s. JA D . 100,000......
1905
1908 j *I.!i4RARr B onds —
5»...........
25 ,000 ..,
5*, . . . .
100,000...
1 9 0 9 , 5a, MAN, $100.0 00...
1912
5*...........
10 0,00 0...
19U I •Ta s k Bonds 5s...........
175,000...
1012 { 5»........... $400,0 00...
1912
•Fir s E ngine ( P aving B onds —
1 9 1015 s, MAN. $ 5 0 .0 0 0 ...
$3 0.00 0...
4 he*____
TRUST
C O M PA N IES.
TRUST
ASSESSED V A L U A T IO N — Tbe oily ’ s assessed valuation, “ about
1-10 cash value," and ta x rate have been as fo llo w s :
Personal
Total
Tax Rate,
Tears.
Real Estate.
Property.
Valuation, p er £1,000
1893 ..................... $16,915,239 $3,556,777
$20,472,010
$44*00
1892..................... 16,740,898
3,090,861 20,431,739
41-00
p r ^ o r c o n tin u a tion o * D ebt C hange* *ee n ext page.
CO M PA N IES.
T R U S T C O M P A N IE S.
C O N T IN E N T A L
The Nassau Trust Co., Minneapolis Trust C o.,
1 0 1 B road w a r . H roek ly n , N. T .
100 K a s o ta B u ild in g
T R U S T C O M PA N Y, O A P I T A L . . . . . . . ......................... . . . * 5 0 0 , 0 0 0
Dsposlts rscstved sabjaet to chsck st sight, sac
IS W A L L S T R E E T , V . Y.
C A P IT A L AND 6 UR F L U *.
Otto T. S a n s a b d ,
.
.
William A U L U it in 8MIT*.
OoKDo.N Macdonald .
.
mac&
icc a. dncnnm . .
,
.
.
.
In terest A llo w e d o n
.
-
i s t .r p s t a l l a w r d on tbs rssnltln* dally aalsoots
Csrti3eat«s o f deposit* Issraed for Urns dsnostts.
» waicn sp e cia l ra te s W beallowed,
.U
laterewi com m ence* from d a te o f d e o o .t l,
Aatacrtjsd tit I n U X I is Executor. Adminlsrstor, Coojmlftso, Gasrdisa, Trasses, Keoetvsr.
fiscal and Tnasfer A.sat, and as ttesistrsrof dtockt
usd Bonds; Is a l e v a ! d epository Isr T r » I
k a o d s and for moneys paid into coart.
Loans made on soprorsd oollsterals.
Chsolts on this Com pany sro payable UtroagS tbs
New fork Clssruut-Hosae.
A. I<. WHKBLOCK. Prasldsst.
t * 3 0 .0 0 <
Pr««i<l*st
Ut Vice Preet
Sd Vie*-Pm* t
Bmmmer
D e p o s its .
EXECUTES A L L T R U S T S,
TRUSTEES;
Robert 8. Holt*,
IJmvrj M, Tuber.
Cordon Jftwrt*.
Waiter Jsoninw,
William L l j u n t ,
W. s. ward W|M.
•WlHiam 1st .
flordesi
Oliver
JTiVin ' I h l ^ W , } Vlos-Prsats.
0 . P. RICHARDSON. Bsemsry.
10 0 , 000 .
H ss no deposits; receives money on trust account
inly. Burglar proof vaults. Wills kept safely with
out charge. Acts ss executor, trustee and guardian;
sxscutee trusts o f every description.
DIRECTORS,
Samuel Hill. 1 •Ideal: Wm.
First
vies Presi
Vice-President; tl. F. Browo. Second Vlce-Preslfsnt; Itaniei Bassett, Third vice-President; Clarkson
tJiidley, Secretary end Trcnsurerj Isaac Atwaier
William A% o d erftn ttfe
m
mm c. m w m *
m m tm
Otto T. BanimrC
Robert W. He Fore**,
mrmsti Feeler*
Missouri Kansas & Texas
Trust Co.,
KAN SAS
$ 5 0 0 ,0 0 0 .
fill* boxy A, E . Linton &nd P, B. Wtniton.
C
TRU STEES i
<fr„
C A P IT A L ,
F u a d w it h S tate A u d ito r ,
C IT Y ,
310.
B H A E C H O F F IC E S i
* w »n St, New Tot%.
« s Chestnut 8t- Phils.
•m B M M g a o h t Amsterdam. Meitsnd.
I I H
M S ,
T he
a/d
I W m -P .OP_____, S . » a.S W heel.**
P „ „ m t Is..-:.. U M W sm ,
W
, T. Willets,
State
36 W a l l
C a p ita l
and
I IL M. How*.
H
in.
E H ear? B*rnm
Metropolitan Trust Co.,
37 dt 3 9 W a ll S treet, N ew Y o r k ,
Pal*t-t/p C aphn 1 ..... . . . . . . . . . . .. £ 1 ,0 0 0 .0 0 0
t*M rpta«..................... . ...... .H 0 ,0 OU
O
m * l««r*i depoftitftnr by order of
Supreme Coon. Receive deposit* of money on in
Ur mi. m . m steel m trmmfer agent, m trustee for
m
•erponUlonn, end accept and execste any legal tree**
firom person, or corpomtiom on m favorable term*
m other iiaiiftr cooapaaki*.
Co.
STREET.
$ 1 ,8 0 0 , 0 0 0 .
S u r p lu s ,
WM
A.
Vtoe-P m M onts.
A D A M 8, gecreuiy.
•A j.O HN'Q.
V riU
Willis S, Paine,
Henry IL C<»k,
J»bn t . Drvden, S W* £ r a b
T ru st
A u t h o r i s e d by l a w to a r t a s E x e c u t o r ,
A d m i n i s t r a t o r . T r u s t e e . G u a r d ia n , R e r e i v e r n a d In o t h e r fid u c ia ry c a p a c i t ie s ,
a n d to se r v e a * T r a n s f e r A g e n t a n d H e ifis tr n r o f c o r p o r a tio n s .
In te r e s t a llo w e d
on D e p o s i t * .
P A ID C A P I T A L ...... ............. $ 1 ,9 5 0 ,0 0 0 01
S U R P L U S ....,................................
3 0 0 .0 0 0 0 «
U N D IV ID E D P R O F I T S ............
7 6 ,3 3 3 00
ARTHUR K. STtLWKLL. P r « .
). P. laenardtea
TRUST BUM
.
J. ri. Prob#t,
Henry gtmr*,
W illiam II. K endall,
Exchange Banking & Trust
Company,
C H A R L E S TO N , S. C.
P aid -u p C a p ita l.
9 1 0 0 .0 0 0
A u th o r iz e d C a p ita l,
S I . 0 0 0 .0 0 0
T r* o « ttc t* a G e n e ra l B a n k in g and T ru *t
B avfne**. Interent A llo w e d on l)epo*«iiH,
INVESTMENTS MADE IN SAFE AND RELI
ABLE INTEREST-PAVING SOUTHERN SE URITIBS. AND FIRST MORTGAC3ES ON IM
PROVED REAL ESTATE IN CITIES.
(^rraapcmdaao* solicited m to ail Southern invest
ment*. Being within easy reach of &ll parts o f the
South, thorough and enrol uI tnvoaLlgation for
purchaser* can b® mad® of ail investments.
O F F IC E R S .
GKO, B, EDWARDS, President,
P. N. PICKENS, Cashier.
B. K MUCrCENrOnS, Secretary and Treasurer1
L
J- LAMB PERRY, Solicitor.
SMYTHS k LEE, General Counsel.
D IR E C T O R S .
A. 8. J. P k ert , o f Johnston, Crew* & Co., wholesale
dry goods.
W illiam M. Bir d , o f Win. M. Bird k Co^ wholesale
John Q. A dan. a,
paints and Otis.
Frances 8. Bangs,
>mnces Lyndo Stetson, Jam as A llan of James Allan & Co., Jewelers.
J. H, F. K oenig , with Knoop, French* k Co., ootton
Thomas A. McIntyre,
exporters,
GEO. B. EDWARDS Pres. Electric-Light & Power Co
Walter 8. Johnston,
Jo*4H.b N. Hal lode,
m
F e r d r a l K naatb,
K dw la A. Me \lpin,
A n d rew Mills,
William A. Nash.
G*?o. Foster 1‘eabody,
m
-
Joseph G. Martin,
RTOCK
INVESTMENTS IN THE SOUTH.
DUO K EH
AN D D RA LB B IN
im fB U A N K O H
IE C U B IT IE I.
1 « » (ft,, Beitm » * <
9 >r*
rs«
A. Strassburger,
STO CK S Sc B ONDS B R O K E R
SOUTHERN IAVB8TUKRT 8KCUBIT1S9
W
»ntfx>m A ..»rvr N
THE CHRONICLE.
614
Tears.
Peal Estate.
X391
$
$
1 3 9 0 - - ! ! ! - - " - 16,303,131
13 89....................... 16,642,831
1 4 8 7 ...................... 12,798,119
Personal
Property.
'3,697,045
4,083,848
3,716,625
Real
Tax Rale
Valuation. p e r $1,000.
$20,431,759 $ ............
20,000,176
41-50
20,726,679
4800
16,514,744
23-25
P O P U L A T IO N .—In 1890 it was 140,452; in 1880 it was 3 0 ,5 1 8 ; in
1870 it was 16,083.
Lincoln, Neb.—A. H. Weir, Mayor. The following state
ment has been corrected to date by means of a special report
to the Chronicle from City Treasurer E. B. S ephenson.
Lincoln is the county seat of Lancaster County.
LOAN S—
When Due.
LO A N S—
When Due.
A L L K Y P A V ’ O D iS T E IC T S l, 2& 3 — 5s, J&J. $50,000........ July 1, 1912
Optional after July 1 ,1 9 0 2
6s, Aug., $28,000........... Aug., 1902
M is s o u r i P a c if ic R R 6s. anil., 1,300.........Nov. 1 ,1 900
5s, J&J, $ 5 0 .0 0 0 ... .N ov. 1 ,1 9 0 5
C h i. R . I. & P a c . K K . 5s. .TAJ, $50,000........ Oct. 1, 1900 5s. J&J, 2 0 ,0 0 0 ... Jan. 1 ,1 9 0 6
R e f u n d in g B o n d s—
D is t r ic t P a v in g B o n d s —
6s, Aug., $150,000.. Allg. 15,1897
6s, ann.,
92,000.. .Ju ly 1 , 1898
6s, ann..
9 ,0 0 0 ...Oct. 1 ,1 9 0 0
6s, ann,, 243,000...Ju ly 1, 1901
6s, ann.,
70,000...Sept. 1 , 1901
6s, ami.,
2 5 ,2 0 0 ...Oct. 1,1 901
6s. ann.,
7 9 .0 0 0 ...July 1 ,1 9 1 4
Pit, E l k . & Mo. V a l . RR.—
5s, J&J, $50,000........ July 1, 1906
subject to cull after July 1 ,1 891
5 1 A&O. $30,000..Oct. 1 ,1 9 0 2
es,
5>as, J&J, $ 2 5 ,0 0 0 ...Dec. 20, 1905
subject to call at anv time.
6s, J&J, $90,00 0........ Jan. 1, 1914
Optional after 1904
C -K D -n
in iijn i-.\ c
5s, M&S, $80,000........ Sept. 1, 1906
subject to call after Sept. 1, 1891
5s, J&J, $20,000.......Aug. 1, 1910
Subj. to call Aug. 1 ,1 895
W a t e r B on d s-
P o n d in g B o n d s —
1 is, .TAJ, $ 2 6,00 0..-J u ly 1, 1895 68, M ay, $7,000....... May 23, 1902
6s, July, 2 0 ,0 0 0 ...July 10, 1902 6s, May, 3,000....... May 29, 1902
6s, Sept. 9.500. ..Sept. 1,1902 6s, May, 10,000 - ..M ay 29. 1904
5% s, A&O, 2 7 ,0 0 0 ....A pr. 1 ,1 9 0 6 6s, N ov., 35,000... .N ov. 26, 1904
Subj. to call after Apr. 1,1 891 6s, Dec., 15,000........... Dec., 1904
5k,8, Sept., $118,000.Sept. 1, 1912 6s, Feb., 4 0 ,0 0 0 ....Feb. 24, 1905
Optional after Sept. 1 ,1 9 0 2 5s, A&O, 1 0 ,0 0 0 ....Oct. 15. 1907
5s, J&J, 10.000.........July 1.1 902
I n t e r s e c t io n P a v in g —
5s, .TAJ, $ 1 0 0 ,0 0 0 ....J u ly 1, 1902 5s, A&O, 47 ,000........ Oct. 1 ,1 912
Optional after Oct. 1 ,1 902
5s, J&J, 1 0 0 ,0 0 0 ....July 1,1907
5s, J&J, 1 0 0 ,0 0 0 ....Aug. 1, 1910
Subj. to call Aug. 1 ,1 9 0 0
PAR V A L U E .—Bonds are m ostly for $1,000 each.
W H IT E , .
8b
S uccessors to
E U G E N E R . COLE,
S T A T IO N E R S A N D P R IN T E R S .
Supply Banka, Bankers, 8 to ck B rok ers and Cor
poration s w ith co m p le te ou tfits o f A c c o u n t B ook s
and Stationery.
N ew co n c e r n s organizin g w ill h a v e th eii
ord ers prom ptly e x ecu ted .
W«. I W IL L IA M S T R E E T .
EDMUND B . K I R B Y ,
C o n s u ltin g
M in in g
E n g in e e r
M e t a llu r g is t,
an d
N o. 1017 Seven teen th Street, D enver, Col.
S P E C IA L T Y .—T h e E x p ert E xam ina tion o f M ining
In vestm en ts and M etallurgical E nterprises.
Edward Morton & Co.,
53 Broadway, New York.
S p e cia ltie s :
M U N IC IP A L ,
S T R E E T R A I L W A Y BONDS
and
B A N K STOCKS.
M O RTG A G E LOANS
IN
TEXAS.
7 Per Cent and 8 Per Cent Net.
NO COMMISSIONS charged borrow er o r lender
u n til loans have p roven good .
FR A X C IS SM ITH «fe CO.,
SAN ANTONIO, TEXAS.
Chronicle Numbers Wanted.
A p r i l 3 a n il D e c . 1 1 , 1 S S 6 ; F e b . 1 1 , 1 8 S S ;
M a y 3 1 a n il D e c . 2 7 , 1 8 9 0 ; J i m . 1 7 , 1 8 9 1 ;
J a n . 2 an ti 1 6 . a m i D e c . 1 0 , 1 8 9 2 ; J a n . 7 ,
1 8 9 3 i a l s o S u p p le m e n t s M a r c h , 1 8 9 2 , anti
Jan u ary, 1893.
F i f t e e a c e n t s a c o p y w i l l b e p a id f o r a n y
o f th e a b o v e .
W J I . B . D A N A & C O .,
1 0 2 W illia m S tr e e t.
-
NEW Y O R K .
George Eustis & Co.,
BANKERS
AND
BROKERS
m p iN S A T I, OHIO.
P O P U L A T IO N .—In 1890 was 55,154; in 1880 was 13,003.
E X P L A N A T O R Y O F B O N D S .—M any o f the bonds are subject to
call before maturity, certain of these being indicated in the table above.
A ll are exem pt from taxation.
Lancaster County, Neb.—M. M. Cobb, County Treasurer.
The county seat is Lincoln.
$2,000
LOAN S—
When Due. Sinking fund assets.......
F u n d in g B o n d s T ax valuation, real....... 7,000,000
78, J&J, $140,000.......Jan. 1, 1900 T ax valuation,person’l. 3,000,000
4s, J&J, 3 5 0 .0 0 0 ....
1903 Total valuation 1893.. .10,000,000
($35,000 due yearly) to 1912 Assessment h; o f actual value.
M. P. 2d I ssue —
State tax (per $1,000 ).......... $24-95
5%s Jan., $90,000...... Jan. 1, 1895 County ta x (per $1,000)....... 17-70
($10,000 due y’rly) to Jan. 1, 1903 P opulation 1890 w as............76,395
Valuation, etc.—
Population 1880 w a s............28,090
Total debt Jan. 1 ,1 8 9 4 . $590,000
IN T ER E ST is p ayable at County Treasury.
Hall County, Neb.—H. J. Palmer, County Treasurer.
C o u n ty sea t is G r a n d Is la n d .
LO A N S—
When Due.
B r id g e B o n d s—
6s, Jan., $6,000..........Jan. 1 ,1 8 9 5
H a s t i n g s & G . I. RR .—
6s, Jan., $75,000................................
Total debt Jan., 1894___ $81,000
Sinking funds...................
33,000
Net debt.............................
48,000
Tax valuation 18 93......... 3,159,609
T otal ta x (per $ 1 ,0 0 0 )...
44-13
Population 1890 w as.............16,513
Sangamon County, 111.—(S t a t e a n d C i t y S u p p l e m e n t ,
page 95.)—The statement given below has been corrected to
date by Henry Klaholt, County Treasurer.
County seat is Springfield.
When Due.
5s, ann., $152,000—$15,000 yearly
T otal debt Jan. 1 ,1 8 9 4 -.$ 1 5 2 ,0 0 0
Interest is payable in Springfield.
Population in 1890 w as....... 61,195
CHICAG O .
CHICAG O .
M IS C E LLA N E O U S .
In 1892
ASSESSED V A L U A T IO N .—The city’s total assessed valuation (1-10
actual value) in 1893 was $5,640,000; total ta x (per $1,000), $82-12.
City tax p roper (per $1,000) in 1893 was $39-12.
R a il r o a d B o n d s—
T O T A L D E B T .—The total bonded debt on Feb. 1 ,1 8 9 4 , was $1 ,-
SEARS
696,500, including paving bonds to tbo am ount o f $554,000.
the total debt was $1,535,000.
LOANS—
IN T E R E S T . —Interest is payable In New Torlr
[V o i. L v m .
The
Title Guarantee & Trust
Company
EquitableT rustCompany
1 8 5 D E A R B O R N S T *, C H IC A G O .
OF
C H IC A G O ,
9 2 , 9 4 «fc 9 6 W A S H IN G T O N S T R E E T .
CAPITAL, PAID U P , --------------$500,00C
S U R P L U S , ...............................
75,000
A U T H O R IZ E D B Y L A W TO R E C E IV E and exacute trusts o f e v e ry ch aracter fro m courts, co r p o r a
tions and individuals. T akes en tire charge o f estates
real and personal. A cts as agen t f o r th e re g istra
tion and tra n sfer o f bon d s and Btooks and th e pay
m ent o f coupons, in terest and dividends. A legal
le p o s ito r y f o r c o u r t and tru st funds.
IN T E R E S T A L L O W E D ON D E P O S IT 3 o f m oney
which m ay be m ade at any tim e and w ithdraw n a fte i
i v e days’ n o tice , o r a t a fixed date.
T R U S T FU N D S A N D T R U S T INVESTM ENT**re k ep t separate and apart fro m th e assets o f th e
Bompany.
D IR E C T O R S :
A Z B L F. H A T C H .
CH A 8. H . H U LBU RD ,
M. W . K E R W 1 N ,
G EO . N. C U L V E R ,
3 A R R Y R U B E N S,
M A U R IC E R 0 8 E N F E L D
I. R . W A L S H ,
8A M U E LD . W AR D ,
O TTO YO U N G
O F F IC E R S ::
J. R . W A L S H , President.
C H A 8 . H . H U L B U R D , V ice-P resid en t.
S A M U E L D . W A R D , Treasurer.
L Y M A N A . W A L T O N , Secretary
Jamieson & Co.,
STOCKS—BONDS,
e m bers N ew Y o rk and C h icago Stock E x ch an ges.
1 8 7 D E A R B O R N ST R EE T ,
Chicago, Ills.
P rivate w ire t o N ew Y o rk and P hiladelphia.
Loeb
&
Gatzert,
MORTGAGE BANKERS,
Capital, paid-up......... ................... 8 1 * 6 0 0 ,0 0 0
Undivided earnings, Including
surplus............................................
3 3 9 i0 0 0
Deposited with State Auditor. .
2 0 0 ,0 0 0
G U A R A N T E E S T IT L E S TO R E A L E 8 T A T B .
M A K E S A B S T R A C T S O F T IT L E .
Oilers Investors In real estate securities
protection afforded by no other system of
doing business.
Is au th orized b y law to a ct as R eg istrar o f 8took «
and B on ds, E x eon tor, R e ce iv e r and T ru s te e fo r
Estates, Syndicates, Individuals u i d C orporations.
T ru st m on eys an d tru st secu rities k ep t separate
fr o m t h e assets o f th e Com pany.
CORRESPONDENCE S O L IC IT E D .
O FFIC ERS:
G W Y N N G A R N E T T , President.
A . H . S E L L E R S , V ice -P re sid e n t.
A R C H I B A L D A . 8 T E W A R T , Secretary.
C H A 8 . R. L A R R A B B B , T reasu rer.
F R A N K H . 8 E L L E R 8 , T ru st Offloer.
D IR E C T O R S:
G w ynn G arnett.
Chas. W . D rew ,
w . d . K e r fo o t,
J o h n P . W ilson ,
H o r a c e G. Chase,
E d son K eith,
Jo h n G. Shortall,
G eo. M . B og u e.
John D eK oven,
A . H . Sellers.
Sam uel B. Chase,
CO U N 8E L:
W . C. G ou dy,
J o h n P . WlliOD,
A . W . G reen .
A . M . P en ce,
A. G. Becker,
Su c c e s so r t o
HERMAN
SCHAFFNER
it C O .
C O M M E R C IA L PAPER,
154 La Salle Street,
• Chicago, 111.
A . O. S L A U G H T E R , M em ber N. Y . Stock E xohange
W M . V. BAKJ5R, M em ber C h icago Stock K xcu an ge
125 L A S A L L E S T R E E T ,-C H I C A G O .
A. O. Slaughter & Co ,
First M ortgages fo r sale In large and sm all am ounts
n ettin g in vestors 6, 6 ^ and 6 per cent, secured by
Im proved an d in com e-bearin g C hicago city property.
BANKERS,
1 1 1 -1 1 3 .R A S A L L E S T R E E T ,
principal and Interest payable in Gold.
Ch i c a g o , i n n s .
Phirnjsn Sh'-arilii'K Ronght n»fi S»J J
v <,
c p p i r o p B o n gqiftcrcm
@FedFRASER