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financial;
xtmtk
HUNT'S MEECIIANTS' MAGAZINE,
REPRESENTINQ
VOL.
AND COMMERCLtUj INTERESTS OF THE UNITED STATEi
TIIE INDUSTIiliVL
SATURDAY, AUGUST
41.
CONTENTS.
1,746,095 for the
!
Til
I
.
boan
.:i
.
THE
»nd
U.S.8i'(mrltli>».
8tat«
Bunds
and
Kali road
Stook Exchange
I
Railroad Earnings and
Bank
124
i
New York
12%
Kftiirns
Quutaiions
and
Stocks
of
Bonds
12R
InTcstinont and Railroad Ini
Omnmerolal Epitome
13'i
I
Cotton
135
I
132
telligence
THE COMMERCfAL
TIMES.
140
140
Breadstuffs
Ury Goods
1454,106,383
H-20-8
»\are».')
(2.472.3191
(1,746,096)
(-M1-8)
(2,107,727)
(-|-78(»
(.a>Uim....balt*.}
(072.700)
(282,200) (-)-lI8-4)
(483,900)
(t08-0>
1+*-*)
(+18-7)
(80,808,000)
(-0-9
(60,872,000)
(-18-5)
$68,411,101
-i-19-0
iStockg.
. .
buahtU)
(Orain
(felrHnun.MiU.I
. . .
Boston
ProTidenoe...
.,
lUrtford
Portland
Hprln^flold
^Tete
tlie
York
evert/
is
published in
Saturday morning.
ForOui- Year (iucludiiiK imstage)
For Six Mouths
dn
Annual 8ul)serii)tlon In Ix>ndou (iucladln^' iiostage)
Six Mos.
do
do
do
Total Middle...
flO 20
fi
10
Chtawo
£2
7s.
Cincinnati
*1
8s.
Milwaukee
Tliese iirki'8 Include thi> Ivtestors' Scpi'i.kment, Issued once in two
mi> -li^. liiil furnislied without extra charge to subscribers of the
;
Cm
f
he contlnnwl until dcflnltcly ordered to be stoiipeil.
'^ cannot be respouKiblo for reiiiittanced uulesg made by
I511
<Dr.klt>4 or I'.i^t Ollice Moni'v Ord.Ts.
A neat HU' cover Is furni-slieil at .'jO cents; postage on the same Is 18
cents. Volumi's bound fi>r sulKcribors at *1 00.
Offlces In Ensland.
Thpofflre of the Commkhciai. asi> Fi.vvsoiai, CnKONtOLE In London
'
'" ^'
Ki'WARhs
.k Smith. 1 Draiiers'OardenH.E.Cwhei-eBUl)•<'
advertis ment- will bo tukeu at the rejfuUir rates, and
;
^
will
.
I
i
sin
if
Til,- Dill,-,
f
I
ihepuwr
lie
..uopiii-dat Is. each.
CiiitovuM.E in Liveryool is at B
„, 1
•VII.LIAM B. DAKA.
,"*->
'DU.S O. FLOYU.
>
dc
Exchange Bnildlng «
Co., PublUliorx,
B. DANA &
81 Wtlllain Street,
Post Office Box 938.
WILLIAin
7»
1.5,
Philadelphia....
Pittsburg
Baltimore
Terms of Subscription— Payable In Advance
I
Lowell
Total N. Bnsland
Post OiUoe, New York, N. Y., aa seoond class mall matter.]
NEW VOUK.
(24,&10,000)
(61,146,000)
$S8,S42,e7a
3,767,000
1,448.597
098,037
818.475
819,517
637.313
866,609
153,107,832
3,64»,000
-HO-2
-i-s-s
4.143,700
-f8-2
1,69-1,574
-I4-«
-4-7
2,387.841
-H7-4
025,494
828,607
847,931
415,833
-0-7
-13-6
-H-O
-8-1
—16-3
167.276,864
162,118,739
$70,187,749
-hl5-9
t«S.2l3,982
$44,930,301
-2-4
6,.S53,503
7,5«3,05'J
-9-
$47,044,531
7.159,648
10,29«,0."W
11,K74,812
—18-3
10,452.034
-9-3
t59,363,463
t64,3I8,163
138.7:15,630
-H8-8
-fSO
-6-5
2,149,221
+0-*
1,205,271
-28-1
625,471
•33,018.342
8,399,650
2,708.207
3,316.271
1,010,037
1,833,734
1,107,340
668,643
073,821
-H)T
168,338.936
$51,562,229
-f9'8
$60,621,638
-t-8-»
$10,16.3,600
-1-10^
2,492.588
2,489,M4
Ueuolt...
lodlan&polls
1,073.851
,
Total Western..
2,086.078
1,140,944
1,048322
7rt(l,flfl0
680,080
702,395
442,188
-»0
-2-1
-17-1
+»9
—60
1,157.312
$60,156,233
-4-4
$41,732,501
+7-»
-8-4
8,446.150
-4-1
-80
+T5
2,589,731
8,068,258
-18-»
-H-4
1,278.
-fl2-7
-)-6-S
$12,231,228
602,076
-(-I0-2
-(-312
88!l,634
8,725.341
4.011,264!
-7-1
4.592,887
LonlsTllle
8.482.777
3.167,724]
-I-8-1
4,294.89:
KansuCltj
S.939,W0
3,511,439:
MamphU
Total Southern..
SanFranolaoo
Outside
-Hia
+87-4
4,099,436
842.080
+51»
-I-22-1
-4-»
flOB-O
839,7il
465.525
|25,S74,14a
$33,925,200
+S-1
$29,878,823
-(-9-8
•9,470,196
$8,311,789
-I-18-9
$12,291,553
+T9
$884.482.700
-flO-4
$818.917.319
-t-irr
~$al«,2587l78
+3-8
$247,073,998
-i-5-7
$ 768.755.813
New York
-9S
-7-7
113.487,441
638,911
Louis
Joseph
+130
•fl5-6
New Orleans
St.
ToUlall
CLEARING HOUSE RETURNS.
(25,924,000)
(69,051,000)
7,6»;i.050
Cleveland
I'ulumbua
Peoria
St.
-h38-»
a/—
Worc8«ter
The (JoMMERCiAL AND Financial Chronicle
$071343,321
t>l.S,434,047
iIole»
New Haren
Entered at
and covering a market
Tlie Fliianolal
I
8to ks
123
Bailee In Prtcca at (be N. T.
(
last year,
Foreign Commerce. 1 1 fi
Labor Tronhlefl
117
Review of July, lis or an excess of 15-5 per cent. Certainly a very satisfactory
tiii|>i<rtH and Exports
119
Monetary and Cummerolal
comparison.
English News
120
114 Uummorolal and HlsoeUaneons
Weik BnMnt Jh^v 18.
Wult BnMnt Jvly US.
115
NewR
122
P^rOmt
1886.
PvOtnt.
18M.
1886.
BANKERS' OAZETTE.
Tlier^'enr's
Money Market, Foret^n ExohMige,
week of
1,049.
value of 1133,986,000 and 1104,7*5,000 respectively. Pursuing
our usual method of deducting double these values from the
total clearings, we have 1282,562,047 and $244,586,583 aa representing the exchanges arising through other traasactionp,
THE CHBONICLE.
Ifiartng-Houne Returns
Ill
TBe KIniiQolnl BItnatlon
112
Sew Yurk Ccutral'D PiUtKarotopi
Ill
KeliitiM' F.irriiin CiHiiinerpo of
"
Hiates »inl Other
•
NO.
1885.
1,
t218,.121,^iuO.
Although the exchanges for the week ending July 25 show
The telegraphic returns of exchanges for the five days indi.line decline at all points from the returns for the preceding cate a falling off in volume from jirevious figures; in compari;)veek, the comparison with 1884 continues favorable, the son with 1884, however, an increase is exhibited at all points
iiggregate for the whole country exhibiting an increase over except Baltimore and New Orleans, the aggregate excess
lie six days of that year of 154 per cent, while
out«de of being 5*8 per cent, and outside of New York, 5'2 per cent.
•w York
the gain is 38 per cent. This is substantially what
telegraphic Btatemnnt last week, which covered the five
lay« ending with Friday, indicated would be the result. How
)nucb the excessive heat of the past fortnight in some sec- New York
JiM Day Sndino Jtitv
:r
1880.
has had to do with the reduction in the vo lume of clear- .SrUaatSUxk (fki.)
Boston
,ng8 cannot be approximated, but its effect has probably been PhlladelphUk..
jions
.
Of the twenty-seven cities reporting, fifteen BalUmoc*
Word an excess in comparison with a yiear ago, Memphis Chloaao
St. Lonia
'nitc material.
ading with 37-4 per cent.
At
New York
the exchanges for the week were |.548,434,17, against $451,156,583 for the corresponding period a year
JO, or a gain of 30-8 per cent.
Speculation on th^ Stock
New
Orleans...
Total
aUanoe, Country*
Total
all
81.
\Ptr Cent.
$447,013,913
$l2l.»t4.523
(1.865,487)
(1.971,081)
+47.160,000
83,629.160
48338,638
H-O-a
6D'ySni'tJulv2l.
1886.
$402,404388
(—16-0)
(8.013307!
rlO-1
48,806330
31.730,7601
-h6-0
39,908,704
7,786,804
8,960.0201
8,600,878
»l',7»8.000
87,190,000
».875.230'
—13-1
+9-4
33,86:. 000
t*3
11,44&0»7
-f6'6
-H-7
$004,036,807
40,St4.0«6
48-8
$844.840.808
10,498.l'4a
8.888,783
8,178308
t57S, 782.514
42.H4 1.081
$648,110,463
42,140,148
$82 1. 068,0-18
1890,807,801
—9-a
PtOmS
+»s
-^lo^
-6-s
-ii-«
fl7-«
8370388
-HT8
-H)-«
]
.xchange was very active, the sales of shares aggregating OotsMe New York $174,»4U.68i $lea.9f2375l
• l*«ll «a l «« l on th« basti ot ttao last weekly rvtorna.
472,819 (the heaviest total since June 27, 1884), against
taMimMeO.
$i9i.W6.ao4
1*%
—
THE CHRONICLE.
112
and yet
possible;
THE FINANCIAL SITUATION.
[Vol. XLI.
it
disturbed
calculations of value
all
based upon previous conditions,
It
is,
therefore,
though
unusual, quite natural under the circumstances, that a firm
There is no material change to note in the money marwith so keen a sense of obligation as it has shown on preket the past week. The little better demand referred to
vious well-known occasions, should seek in this instance
in our last has been maintained, bankers' balances having
And
also, to protect those who had followed its advice.
at
per cent, with occasional loans made
loaned readily at
that
protection
has
been
view
secured
accordina;
to
c
recorded
been
2 per cent, those reported at 1 per cent having
under exceptional circumstances and after the inquiry most effectually, while the West Shore bondholder receives
H
only
for the day had practically ended.
of currency to the interior, either
No material movement more than he had reason to expect.
On the latter point, one who looks
or South, has been
at this matter with
West
wheat is not likely put any interest cannot separate from a settlement, the
of
wheat
at the receiving desperate situation in which the bondholder was really
stocks
rapidly,
forward
come
to
All his mortgage claims to cover is a road withplaced.
cities being so large now, while the yield of fall -sown grain
besides that, the right of way is imperfect
terminus;
a
dnt
is so small that the surplus for marketing will in any event
at
important
or
disputed
pomts; then, too, a construction
be quite limited; so until the harvest of spring wheat is
makes
company
startling
claims
and certainly has equities
fully completed, comparatively little money, it is believed,
man
which
no
can
determine
except
at the end of a very
demand
For
moving
cotton
the
will be needed at the "West.
and
long
litigation;
in
the
meantime
monthly deficiency
a
until
become
important
after
the
does
not
currency
for
under receivers' management is rolling up which is large
first of September.
In the meantime the hot weather in the West, which enough even as acknowledged, but cannot be fully known
of winter
The new crop
in progress.
has been so favorable for the development of corn, giving
promise of a yield fully equaling early expectations, has
settlement day.
With such
limitations
and uncer-
affecting his
property, as
these, the
bondholder
until
tainties
are, however, quite seems to us to be decidedly fortunate to have saved so
numerous in our market, especially from portions of thg much as this offer grants.
With regard to the situation in which the settlement
South, and they give evidences of the improvement in the
prospects of that section but they are very conservative leaves New York Central, we have given some figures in a
not improved general business. Buyers
;
In
in their operations.
fact,
there
is
no disposition
in
any
quarter to discount the futui-e or to load up with stocks of
goods even
doing
at present
low prices. Merchants have lost money
of late years while a constant decline in values has
it
been in progress, and they do not mean to risk anything
now. Everyone prefers to wait and see what Congress will
And
do, before venturing.
yet there
is
a strong conviction
that there will be an increased distribution and consumption of goods this
fall.
Foreign exchange was reduced early in the week, but
subsequently there was a recovery in the short rate with
a good demand for that
ers
find
that
class of bills.
The truth is, bankthey can employ their balances to quite as
Those, however, represent alone the
subsequent column.
We showed
past.
last
Any
since 1879.
is
of
is
thought, of higher rates.
This belief
based upon the continued drain of gold from the Bank
England to the Continent and the withdrawals which
are likely to follow the Egyptian loan which
announced has been
cial sterling is also
the fact
is
that the population in this
10 millions, or one-fifth,
attempt to measure the future cannot
leave out that fact; for does
much more consumption,
it
mean
not
production
that just so
and distribution
must be provided for as soon as enterprise revives? This
is still a new one, and it is sure in the future to
go forward by bounds as heretofore, for it is the conservative, not the sanguine, estimate that has been at fault in
Keeping this fact in mind while studying figthe past.
ures in another column which show what New York
Central has done heretofore, and remembering also that
West Shore cultivates a direct southern business from the
West through the Pennsylvania road, and also some Hudcountry
good advantage in London as here, when the net results
of such employment are considered, and so do not draw
freely.
Money in London as reported by cable is now at son River business that
|@13-16 of 1 per cent for 60 days to 3 months' bank bills, and furthermore taking
with a prospect, as
week
country had probably increased
ant feature of
all,
New York
Central did not have;
most import
permanency in
into the account that
that a better basis for
exist now than ever before
one will be inclined to estimate the future of the
a trunk-line agreement will
existed,
Central—-a road marvelous for situation and facilities
is now
Commer- as not at all likely to disappoint the hopes of its manbut this is not surprising when agers.
the speculations in breadstufEs
We notice some criticism of this lease on the ground,
it
so successfully negotiated.
scarce,
considered that
and cotton have kept prices of those
staples so far above
that
it
is
greatly
to
detriment of public interests
the
remove a competitor. We cannot sympathize
demand is neither large nor urgent, but with the supply with that view. If there were no other answer to it than
so limited it equals the offerings and keeps rates firm- the illustration we have had of the disastrous results
This condition of the market cannot long continue, for of such competition, in a demoralization affecting our envery soon bills will be liberally drawn in anticipation of tire railroad interests which the contest that has
an early movement of cotton, and thereafter a steady been in progress has caused, no business man would hesiLiverpool as to check exports.
decline
may
The plan
be looked
for the
On
the other hand, the
for.
West Shore
such a negotiation and settlement, havinf been
the agents through whom the large sale from Mr. Vanderbilt to foreign purchasers of New York Central
stock was
in
effected in 1880.
tie
but
its
West
Shore's advent was then as litan unannounced meteor for nothing
completion could prove so unwise an undertaking
anticipated as
Healthy rivalry
tate to hail the settlement as auspicious.
reorganization of the
property has been issued this week through a circular
signed by Messrs. Drexel, Morgan & Co., which will be
found in full on a subsequent page. It seems peculiarly
appropriate that this house should be the active instru
ment
to thus
—
is
much
in
The two roads covered
impossible in such a case.
the
New York
same ground, with
too
Central holding
almost every case the better position, to permit the
existence of the weaker except in union.
that, the State
assuming
But, aside from
has settled the issue against competition
to regulate railroads.
in
However much we may
have desired that roads be left free, that is no longer
possible. Railroad commissioners in almost every State
fix rates, so that
Government
this is
public interests are
now
in the keeping of
authority, not of natural law.
on the whole wiser
;
but
it
seems
And
to us
perhaps
that
it
.
AXTOVST
TTiV onRONlCLE.
1886.1
1,
Wby
implies protection too.
should the Sialo ivK'ulalo
|H>n
113
unpaid, that of May, 1885.
not
it
of a road like the West Shore, the existence of which
The same
destroys capital and serves no good end.
holders to assume a hostile attitude ?
money
been spent anywhere
could have
else
should
purpose than alongside the four tracks of the Central.
It is
demand
trivial to
better
to
It is
not siirprisinjr that the news of this proposal to
highly injudicious for the
be
interest
all this, would
mortgage bond-
In view of
charges and limit earnings, and yet allow tho construction
first
The
idea that they
on the overdue coupons.
too
Is
merit notice.
be noted that the court has also granted the
to
other part of Mr. Coppell's prayer, and directed that
all
payments on account of the principal of the car trusts conimmediately
con.
tinue suspended for the present, and that payments Of
securities
of
the
values
favorably the
cerned, but have given also an impulse to all trunk-line interest on these trusts be made without prejudice to the
properties.
No single event could have transpired which rights of the consolidated mortgage bondholders. This is
would remove so many obstacles to a complete restoration a point in favor of these latter. It is doubtful whether
And yet the affair the car trusts should be given a superior position, as
of confidence in railroad property.
had so fnr been discounted that speculative selling, on the claimed by them, since the property covered by their lien
announcement being made, gave prices for a time an un- has very greatly depreciate J, and in many respects they apSubsequently, recovery set in, and since pear to hold a position inferior to that of the consolidated
settled aspect.
then good properties have generally ruled firm. There bonds. Along with all this, it is gratifying to observe
seems, however, at the moment no good reason for any that Under Receiver Jackson's careful management, the
securities,
for Denver & Rio Grande property is gradually rising from
or
purely speculative
in
advance
surroundMr. Coppell, in a circular issued this week,
Business
its ashes.
movement.
upward
general
'any
Besides, states that for the twelve months that the receiver has
ings are not of a nature to encourage it.
settle
up these differences should not only have
and West Shore
can be
that
is
it
so,
is
claimed antagonizes Baltimore
made
&
to
on the car
Ohio;
It is said that overtures are
induce
&
Baltimore
the
the
road,
trusts,
net earnings,
and 4 per cent on the
own statements show
now have
Ohio
the
deducting
after
$286,293 spent for betterments, have been $1,480,000, or
sufficient to pay the interest on the first mortgage bonds,
a general peace does not seem likely until
that, too, is arranged.
being
Pennsylvania operated
Central,
the
not yet fully adjusted so that its fruits
The alliance between the Pennsylvania
is
realized.
and Central
if
between
arrangement
this
affected
been increasing in a marked
latterly
there are
to
no
the floating debt has been
The movement
abandon the Jersey-Central connection.
on the trunk lines has
to restore west-bound rates
been deferred for reasons not stated, but probably because
it has been found that contracts at low rates exist which
will prevent, at least for the present, any restoration.
to the stockholders, they
large
Their
lot, it
of
ratio.
Further,
practically extinguished.
still
oiir
the road
receiver's certificates, says Mr. Coppell,
use the tracks of the Pennsylvania into this city and to
the
and
consols,
that the gross earnings
and
As
continue their opposition to
assessment ($8 per share) imposed on them.
must be admitted, is a hard one. But as they
had the management of the property, and are responsible
therefore for the unfortunate condition to which it was
Until these important details are satisfactorily arranged brought, and as the money to be raised by the assessment
and peace permanently established, the foundation seems to be necessary to put the road in good order
movement in stocks will necessarily be it remains for them and not other interests to
^tgx^^.M.. hull
carry the inevitable burden, or else lose all hold on the
insecure.
Denver d- Rio Orande affairs appear to be assuming concern.
more definite shape, and the rights and equities of the
The following statement, made up from returns col
dillerent interests are becoming more clearly established. lected by us, exhibits the receipts and shipments of
To-day the coupon which matured the first of last gold and currency by the New York banks during the
November on the first mortgage bonds of the road, is to week.
be paid. That certainly is a step in the right direction.
Received by
Shipped by
Net Interior
Witk endinct JMy 31, 1885.
We commented severely upon the default when it was
Jfovement.
If. r. Banks. X r. Banks.
«l.e48,000
first announced, but no more strongly than the equities of Cnrroncy.
tsg2,ooo Uatn..t1JiSa,000
the parties concerned warranted.
never have been allowed
to occur.
The
StUl,
default
now
OoIA
should
Total ffoM and legal tendora.
$1,»18.000
1398,000
Gain. .11,250,000
that repar.
The above shows the actual changes in the bank holdation is to be made in a payment of the coupons, we do
ings of gold and currency caused by this movement to and
not believe that any factious course upon the part of the
from the interior. In addition to that movement the banks
have lost $1,700,000 through the operations of the Subthe field urging holders to refuse to accept the payment
Treasury.
Adding that item to the above, we have the foltendered, but such refusal could only raise new difficulties^
lowing, which should indicate the total loss to the New
and we do not see what good could come of it. All
York Clearing House banks of gold and currency for
that the bondholders have asked is their plain rights, and
the week covered by the bank statement to be issued
these are conceded them in the payment
holders of the bonds
is
advisable.
There
is
a party in
of the coupon.
They are not required
to
make
concessions.
There
is
today.
no
The coupon
Moreover, payment is
proposition to scale or reduce their interest.
is to
be paid, not bought, and in
full.
Wetk ending July
BanJu' Interior Movement, b« abore
Sub-Treaflurjr openitlons
ra&df as a direct result of the petition of Mr. Geo. Coppell,
acting not on behalf of these bondholders, but as representative of the consolidated bonds,
Into Baiiki. OutofSankt.
31, 1885.
Total sold and legal tenders
which thus involves a clear
The Bank
—
tl.ivt8.000
t^N.OOO
4..S00.000
9,500.000
ta.44vS.O0O
(0,808,000
England reports a
Set Change in'
BankHolMngt.
QaiB. (I.S5S,000
Loss. 1.790,000
Loss.
M44.000
£205,962 bullion
recognition of the priority and justness of the first mort- during the week.
This represents X140,000 sent abroad
gage claims. And the order of the court, granted on this and .C65,962 to the interior. The Bank of France gained
prayer, is even more favorable than the first dispatches 4,696,000 francs gold and 3,762,000 francs silver, and the
indicated, for it not only directs the receiver to pay the Bank of Germany since the last report shows an increase
November coupon, but appoints a master to take evidence of 3,555,000 marks. The following indicates the amount
and report as to whether the holders of the consol bonds con- of bullion in the principal European binks this week
sent or object to the
payment
of the next succeeding cou-
^
and
of
loss of
at the corresponding date last year.
THE CHRONICLE.
114
Silver.
Gold.
Bilver.
0old.
£
24,361,314
26,664,813
46,311,176 43,329,476 41,762,549 40,637,882
7,462,187 22,386,563 7,652,500 22.957,500
Bank of England
Bank of France
Bank of Germany
Total tills week
Total previous week
The Assay
63,595,382
ii0.-138.176 65,716,03f 73,776,393
80,411,854 65,42(i,09' 72,979,893 63,563,668
..
Office paid
$171,471 through the Sub-Treasury
and the Assistant
during the week for domestic bullion,
Custom House.
the
from
Treasurer received the foUowing
Duiiet.
fMd.
*5»7,104 4
July 24
••
207,f99
582,110
983,695
428,883
317,935
25
" 27
" 28.
•'
29
" 30
Total
83
28
94
7?
16
S3,107,729
4!
xr.s.
Gold
Silver Cer-
Kola.
Oertifle't.
tiflcata.
$266,000
137,000
294,000
529,000
233,000
160,000
$224,000
38,000
189,000
251,000
87,000
61,000
$93,000
30,000
91,000
199,000
105,000
98,000
521,000 $1.619.000
$850,000
$614,000
$3,000
2,000
8,000
4,000
3,000
1,000
commanding much
past are
future— the circumstances are so
year. Central fell nearly
which
it
t le effect of the
change upon the fortunes of
New York Cen-
It is clear that with this
tral is being actively discussed.
business certainly, and
local
on
rates
of
change an advance
many
in
September
2i millions short of earning the
paid.
Operating
Expenses,
Gross
Earningt. Interest <*
Tear Endino
30.
Net
Dividends.
Surplus.
Income.
BentaU.
f25.580.075|tl7,f.08,805
29,120,850| 19,603,793
1872
1873
1874
17,971.870
9.523,057
9,713,354
21,937,031
21,«88.02S
31.650,885
29,027,218
1877
28.040.588 20,83.<>,513
26,579.085' 19.635.738
187S.
28.9t0.654| 20,872,100
7,339,195
7,213,075
6,943,347
8,038,445
7.594.485
J7.244.881 +»727.03»'
7,186.700 +2,386,267
7.130,884 +2,576,47a
+202,516
7,138,679
7,l39,5as
+73,547
-197,312
+898,917
-H54,957
7,141,513 +3,427,707
7.140,669
7,139 528
7,189.52^
38,176.918
20,802,098
82,600,093
10,669,220
32,348.390
24.455,569
7,892,827
7,188,3*3
1882.
80,flis.78ll 24.884.878
7,145,013 -1,401,610
1883
38.770.722
5,743.903
7,327,156
YORK CENTRAVS PAST EARNINGS.
jpNow that the inevitable outcome of the stmggle between
New York Central and West Shore has arrived, in a propoof the former,
gition to make the latter a leased appendage
now
course omitted, because the West Shore then entered the
In that
entire length.
field as an active competitor its
28,390,583
NEW
different
particulars— but because others use them in this way,
without recalling the reasons that account for the fluctuThe year 1883-4 is of
ations in the more recent years.
8 per cent
Oomitting of—
J>aU.
upon that point the doings of the road in the
The folinterest just now.
lowing is the Central's record from 1872 to 1884.
We give the figures not as offering any guide to the
as bearing
July 31, ioe4.
Jul)/ 80, 1885.
[Vol. XLI.
As
stated,
we
\
20.443.686
7,148,182
+754,484.
+179.084.
give the statement chiefly to demonstrate
Going back
has no value for the purpose in mind.
above the
surplus
had
a
road
to 1879-80, we find that the
of which
basis
on
the
of
$3,427,707,
8 per cent dividend
$2,000,00a
of
rental
lease
payment
of
a
the
results
year's
that
it
It is
very likely on through business also, will follow.
would be a matter of trifling moment. But this was the
the
likewise clear that the maintenance of the tariff and
most prosperous year the road ever had, and it is urged
working of the trunk-line pooling arrangement, will be ren- that it must be thrown out for that reason. In the next
dered less difficult than heretofore. On the other hand, it year, 1880-1, the surplus was only $754,484, but certainly
in full to their
is not certain that rates can be restored
that year can not fairly be used as a basis, for it covers
after such a
that
prove
to
former basis, experience tending
three months of the fiercest railroad war the country has
canflict the charge does not again mount to the old level;
Still less can the year following (1881-2), with
ever seen.
b isides that, to the extent of the lease rental to be paid the its deficiency of $1,401,610 be used, for it embraces an
"West Shore the^Central will assume a yearly burden that
even longer period of the same railroad war. The next
further, the Central has
it did not have to carry before;
year (1882-3), would at first impulse appear to be a good
also increased its own fixed charges about $300,000 by the
guide, but on reflection we recall that in the summer of
issue last year of the 5 per cent debentures.
1883 (ihe Central's year ends September 30) the West
The lease- rental burden is of course the main element in
Shore was already in operation to the Catskills and othei
Can the Central meet the rental, and yet
the problem.
near-by points, taking away considerable of the Central's
pay its old rate of dividends to its stockholders ? Perhaps
The fact remains, therefore, that the year
local business.
But at any rate one may be a little too hasty in
not.
1879-80 is the only one that has been unaffected byassuming that the stock is hereafter to be a 6 per cent
extraneous circumstances, but is considered unavailable
The lease provides for a total of 50 millions of
property.
because it was exceptionally prosperous. The years prior
4 per cent bonds on the reorganized West Shore road, the
to 1880 of course can not be used, because the situation as
capital stock to
be held entirely
These bonds,
all
it
by
New York
Central
put out, would entail a charge of two
But only half that amount is to be
bonds of the West Shore &
exchange
leaving 25 millions to be issued, as New i'ork
respects population
and general development has changed
80 greatly since then.
millions per year.
given in
Buffalo,
Central sees
for the old
fit,
for
the
purchase of terminals, the
dis-
RELATIVE FOREIGN COMMERCE OF THE
UNITED STATES AND OTHER NATIONS.
The publication this week of the figures of our foreign
commerce for the Government year ended June 30, affords
bonds on which occasion for making a very interesting comparison of the
charging of priorMiens, etc., etc. If we assume that 15
millions only out of these 25 millions remaining will be
required at present, the total amount of
be met would be 40 millions, calling for an
If 45 millions should be
of $1,600,000.
charge
annual
would
be
or just about 2
charge
$1,800,000,
the
issued
interest has to
position the
United States holds in
the principal nations of the globe.
this particular
We
all
among
of us take pride
wonderful development this country ha»
We have advanced very
all the years that
rapidly
so rapidly, indeed, that we see evidences on every
the road has paid 8 per cent, it has been able to pay that side of the growth that has taken place. This, however, has
much and no more, and that earnings will be no heavier caused an exaggerated idea of our relative importance to
hereafter than heretofore,
then
it
follows
—
logically that
New York Central can not in the future be expected to
do better than pay 6 per cent to its holders. But both
these points have to be conceded before such a conclusion
is
warranted.
It
in pointing to the
experienced in recent years.
per cent on Central stock.
If we a ssume, therefore, that during
would be presumptuous for us
to declare
that the Central can or can not again pay 8 per cent, but
if questioned today as ta
United
the position to be assigned the
States among the
nations of the world as respects trade matters, would probably give Great Britain the first place, but would be hkely
prevail.
The average American
to place the
surprise to
United States next.
many
to find that in the
may therefore be a
commerce with foreign
,It
—
.
'
j^uocsT
THE (^HRONICLR
1, 1886.J
nations not only tho British
also are
much
in
advance of
Islea,
but Germany and France' WO not?
us.
To
we give tho following table of the imporU and exports of
The figures for the United States are
the leading nations.
published, those for Groat Britain cover the
now
those
cal-
«ndar year 1884, while tho rest are taken from the liritof iho
ish Stotisticsl Abstract of Foreign Countries. Some
daU are two years back, but they are the latest accossi-
He
this
at
embraced
in
Only the merchandise movement
time.
We
had and have
alt
the elements needful to
since 1870 has increased
under tho increase of labor that this
implies the products raised by us have multiplied many
Ascribe this growth to protection if you please, but
fold.
suppose now we should have freer trade. Do not these
Why, ovon Belgium Bel-,
figures suggest its wisdom?
gium with only a tenth of the population of the United
Our population
national growth.
point,
this
illustrate
115
")0
is
per cent, and
—
States
—has
against our
each case.
COMMKRCB OF MtADISO KATIONS.
a foreign
own
commerce above 1,000
millions,
of 1,300 millions.
I'OKEION
4.
ei,4S7,4»l.8H2
»3.33l.-'»'.',v;2»
l.Wl.«993<0
8,48<).r,"<,Tl»
;i)
^ (1881-88)
,,,
1)
•
.
isas)
n utiil
NorwST
(1888)
. . .
ukdwa)
14
8H7.080.5J8
S'.lKUl.N'^.
5T7.-l7ll.S'iO
74i.nu:i.as;i
l,31«.;l?il.r.:l3
84l(.104,n»l
!i07.181,76«
1,013 2HS, 7)16
457.U01.1S1
B'.-O.l
10,110
U7H,i;i7.;iiio
43n,"2H.H3
470.02«,4.10
Oia,7:V,'>T:l
42«.iro.781
S77,13»,578
M)«,51i.-<.3l)ll
207,ni.-,,S7I
ii47.1S».00l
.114.731,572
181,007.41)5
147,005,811
a»8,iI13,:lOil
182,U74.738
B8.4i7.8Se
101,836,370
2»«,511,lll
I10.253.5S2
80385,786
.
both exports and imports as a criterion, our foreign commerce compares, it will be seeni
very poorly with that of Great Britain, being about two
Taking tho
THE EGYPTIAN LOAN.
Tbtal Cwmnicrca
Kxrort'-
ytnprtff*.
ilSIM)
total of
Since
became known, a week
it
Russia had
ago, that
withdrawn her opposition to the Egyptian loan, the British
Government have shown becoming activity in putting the
It was issued on Thursday, with the
loan on the market.
full consent of all parties, Egypt included; and, with the
Rothschilds as sponsors, there was of course no difficulty
in carrying out the project, for the cable announces that
for several times over.
it
was subscribed
is
nine millions of pounds sterling
—
The sum named
forty-five millions
of
seems large; but it is not too large to meet
the necessities of Egypt, and to enable her to make a fresh
dollars.
It
thousand millions less, the total for the United States in start.
Immediately the loan will be a boon to the afflicted
the late fiscal year having been 1,319 miUions, and that of
Great Britain in the calendar year 1884 having been 3,334 land. Few countries have ever been in a more embarrassTo be sure, our commerce has diminished in ing position. Her trials have been as'severe as they have
millions.
been protracted; and during the last decade they have
increased in what may justly be regarded as compound ratio.
Be- During the period of our American Civil war, and for some
millions behind the mother country's total in 1884.
sides, England's total has diminished like our own, so time afterwards, Egypt was popularly regarded as one of the
taking
the years of depression, but
figure ever reached
— 1,547
it
—we
millions
at
the
are
highest
still
1,800
that on the whole the above figures afford a pretty accurate comparison of the relative trade of the two countries.
most prosperous countries on the face of the globe; and its
ruler, Ismail Pasha had the reputation of being one of tho
This vast preponderance on the side of the British Isles wealthiest and most enterprising of princes. It goes for
shows, too, how erroneous are any conclusions as to the truth to say that Egypt ought to have been prosperous
business transactions of the two countries based on the and her people, natives and strangers alike, comfortable;
bank clearings in each. Great Britain's ex- but the seeming prosperity was soon proved to be apparent
changes cannot be contrasted with our own because the only, and what was called enterprise on the part of the
methods of conducting business are different, as we dem- prince was found to be foolish and reckless extravagance.
onstrated in an article on the subject early in the year.
crisis was reached in 1875 disclosing the real situaThe United Kingdom, however, is not alone in having tion a prince reduced to beggary himself and his country
figures of
A
—
a foreign commerce vastly in excess of our own. Even and its people saddled with a debt as near as
Germany, it would seem, has an external trade over a eighty millions of pounds sterling.
thousand million dollars greater than the United States.
Then there is France with an aggregate trade of 2,033
millions, against
oursof 1,319 millions
All these countries have a very
more.
us in their trade with foreigners
it
all
millions
smaller
outstrip
to a degree, indeed, that
improbable that we shall overtake them for a long
time to come.
France,
—
much
Yet they
population than the United States.
makes
—or 714
We
have a great way to go to reach
Germany, and as for the
further to reach
Still
United Kingdom, we cannot hope to approach her in the
near future, except through some marvellous change not
now apparent in the currents and conditions of trade.
There is nothing flattering to our national vanity in all
but perhaps there is something that is suggestive,
We have the resources of soil, and all the advantages of
We have
climate possessed by the other nationalities.
the population and the facilities needful to transport our
I
this
j
'
;
products and manufactures from producer to consumer
all
except ocean ships, which
is
not an insuperable obsta-
It
and
is
hardly
France
to repeat here
necessary
were compelled to
proved a failure.
this interference
ever, to
may be
of
how England
and how
interfere,
It
requires,
how-
be stated that the capital of the whole debt,
amounting
at the time of
Ismail's failure to seventy-eight
pounds sterling, had been unified, and that
arrangements had been made not only for the payment of
the interest upon that debt, but for the support of a sinking fund which should have for its object the gradual
This was a heavy burden
liquidation of the capital sum.
But it was not all. It was necessary
for Egypt to bear.
to meet the current expenses of the Government, to pay
annually the Sultan's tribute, and to do all amid the inconveniences of a revolutionary war and a foreign occupation.
The result was that in 1884 the accumulated deficits had
amounted to nearly eight millions of pounds sterling, and
millions
it
of
was one
of the great objects of Mr. Gladstone's adminis-
tration, as it
was one of
its
great
difficulties, to
obtain the
consent of the Powers to raise such a loan as would meet
Eight miUions was at first deemed sufficient; but the war in the Soudan and other causes have
comfort from a contemplation of the progress we have made necessitated the additional million. Small as the sum is,
in recent years, and attribute the result to our poUcy of it is expected to cover immediate claims, put some money
national protection, whereby, it is argued, native industries in circulation, and set the Crovernment machine in motion.
cle.
Yet we
we do with
,
i
lag far behind these countries in the business
outside nations.
Some
the emergency.
persons derive great
have been stimulated, strengthened, and promoted. UuImportance is to be attached to the loan for other
doubtedly we have made great progress. But why should reasons than that it will afford Egypt some immediate
-
THE CHRONICLE.
116
[Vol. XLI.
Still the imports are below those of a year ago, though
by the Marquis of Salisbury, in
they
are materially larger than those of last month, and
reins
the
assumed
having
after
his first public utterance
decidedly above the low totals reached in December, Jannational
of
sources
the
of
one
was
of power, that Egypt
This increase in the imports, coming
connected with uary and February.
anxiety, and that of all the difBculties
our
exports were at their minimum,
that
just
time
at
the
now
It is
difficulty was the greatest.
was
It
relief.
justly said
financial
Egypt the
of the slight efflux of gold charwas this same financial difficulty which gave has caused a continuance
May.
Thus the net gold ex
and
April
acteristic
of
Gladstone's
hesitancy and apparent indecision to Mr.
were
and in April had
month
the
$512,229,
ports
for
the
after
Egypt,
Egyptian policy. Why did he not annex
May
These
in
$829,240.
amounts are
and
the
been
$375,462
to
himself
put
he
did
defeat of Arabi Pasha ? Why
tendency
show
the
of the current, and
they
but
very
small,
regard
in
plans
financial
his
submitting
thankless trouble of
Why, they would have been much heavier except that we were
to that country to a Conference of the Powers ?
on able to dispose of some of our silver in part settlement of
act
not
he
did
consent,
their
obtain
failed
to
he
when
clear that
his
own
it
On
These questions have often been our debts.
responsibility ?
this
that the net silver
point
latter
exports in
In the light of recent events they are not so
It is now apparent to all that or a larger net total than in
diffi.
asked.
cul to answer as formerly.
Egypt by Great Britain would have two years past.
As June closes the
This was
responsibility for Egypt's debt.
is
it
gratifying to note
June reached $2,712,534,
any other month for over
the annexation of
carried with
it
opponents as
not so clearly seen by Mr. Gladstone's
evidently was
it
fiscal year,
gates for the year complete, and
we now have
more interest
the aggrewill attach
himself. At such a price, to these than to the figures for a single, isolated month.
England, would have been too The year has not been an active one, as everybody knows.
On the contrary, trade has been dull and poor, both in.
by Mr. Gladstone
Egypt, valuable as
it is
to
costly.
Then again, the raising of a loan by England herself
But it would
would, no doubt, have been easy enough.
would
those
which
have involved difficulties similar to
the import and export
discuss causes, but
there
branch.
We will
simply present
facts.
not stop
We
now
find
to
that
a very slight increase in the values of the exports
is
In such a case for the year over the small total of the twelve months
have been brought about by annexation.
England would have assumed rights over Egypt tanta. preceding so slight as almost to merit no notice, the
—
mount to lordship; and yet her hold upon that country
would have been dependent entirely upon her own
strength.
As it is, England is in Egypt by consent of all
the Powers; and by the same consent she will remain
improvement being less than a million and a half dollars
on an aggregate in 1883-4 of 740i millions. On the
other hand, in the imports the continued depression and
dulness in business, the low prices prevailing, and the
of the country shall imperative necessity for retrenchment, are reflected in a
powers of government most marked degree, there being a decline in the values
to the Egyptians themselves.
of the same of 90^ million dollars, which change is the
England has thus obtained a firm hold upon Egypt chief reason for an excess of merchandise exports over
without robbing that country of its autonomy, and without imports in the sum of $164,416,833, against only $72,
becoming responsible for its debts. It is quite true that 815,916 the year before.
England is pledged to evacuate as soon as circumstances
Before extending the comparison any further, let us
there until the
financial condition
justify the restoration of the full
make such evacuation just and reasonable. But the see what the effect of this larger balance in our favor has
is far distant when Egypt shall see her debt liquibeen upon the gold movement. And here we observe,
dated; and although France may from time to time insist what
made plain in these
repeatedly
been
has
shall
day
on the fulfilment of the compact,
Government
it
will
always be easy for columns heretofore, that so far as increasing our stock of
show that the situation is
unfavorable
that the time to leave Egypt to herself has
not yet arrived.
It would thus seem that as results of
this loan the question of foreign supremacy in Egypt were
settled, and the banks of the Nile were to remain at least
the British
to
—
for an indefinite period in English hands.
gold
is
concerned, the large surplus of merchandise exports
over imports has apparently been of
the twelve
During
little service.
months we exported $8,477,892 gross
of
the
—
and imported $26,691,696 that is, we got only
$18,213,804 gold net on a merchandise balance of $164,But besides the balance on the merchandise
416,833.
metal
While wishing all success to the loan, and better and movement, the exports of silver for the year reached $33,more prosperous days to Egypt as its fruit, and as a con- 753,633, while the imports of that metal were only
new departure, we are not blind to the fact $16,550,627, leaving an excess of exports of $17,203,006.
new issue means a new debt, and that whatever Hence the gain in gold can be explained almost wholly by
may do, it will place another burden on the an outflow of silver in excess of the inflow, irrespective of
sequence of the
that the
good
it
shoulders of an already overweighted people.
THE YEAR'S FOREIGN COMMERCE.
The June
exhibit of
our foreign commerce has been
a trifle less favorable than was
any reference
to the
merchandise movement, leaving the
nothing in that regard. Still, a
latter to count for nearly
18^ millions in gold
gain of
is
better than a loss of about
which was the story of the year preceding,
iflsued this week, and is
the exports then having been $41,081,957 and the imports
It had been supposed that the result on the
expected.
only $22,831,317.
Of silver in that year the exports were
merchandise movement would show a small balance in
$26,051,426 and the imports $14,594,945, leaving the
our favor, whereas actually we have a small balance
excess of exports about six millions smaller than in the late
that amount,
—
roughly speaking, a million dollars in amount.
now give the merchandise exports and imports
year.
probably nothing significant about this excess on
for 15 years past, showing the totals both for each year
against us
There
is
We
the wrong side of the account.
It follows naturally from
the smaller exports of breadstufis, provisions, and cotton
and in
five-year
values,
which
(compared with June, 1884, when the merchandise exports
prior to
exceeded the imports
in
the
there
is
in
earlier returns,
any—is
in
the
amount of $1,177,258), disclosed
and the only disappointment if
fact that
imports has not been heavier.
the falling o2 in the
is
1879,
periods.
The
ately,
we
it
are
all
relates
in specie
to the years
during which we were on a currency
basis; since then, of course,
values.
figures
only important as
gold has been the
unit of
all
Besides giving the imports and exports separalso give the
aggregate lot the two, representing
our total foreign commerce.
.
THE ('HKOXKLR.
1886.]
>nTg AND EXPonTS or MRIlrllANDISB
1885, U«Ct.l'»lVK— Bl'BCIK VAr.HM.
I'Mr ending
JUnt to.
7\ilal
Exfortt.
KxteuoS
Import:
moM
1871 TO
Erijorlt
or tmroriM,
Imixirlt
find Brpnrtt.
TIi'.il
1871.
l«7a
1874
1875
Totiil 6 y t'lirs
.
iiMi,a(ii,(Hii
BnT,4u<>.34<
518,441,711
B8n,003,4a8
8,Bog,a]a«s7
001340,087
838U,8ail,74U
5403S<.e71
400,741,100
-^
1S78
1877
45i,sa:i,i9e
aM3<».7M
487.0(11 .CKl
710,430,411
asB.ess.siM
4«,777,77a
TutAlS
yciirs
3..'W.1.S0,1,750
S,4n«JM«,3mi
a7«,7tX),731
4a».B«8,a74
go«.arn,3iii
e48,fl04,6«.S
AT«ni«e
7»O..M«,«7
7*4,R!l!l,r)7i
Sv.>3.'<:lB.409
7a3.lHO.914
lewi
7lH.."ilJ,0«9
en7.(Jl»7.BU3
1S!«
74I.8U.S.K-13
577.47il,'v')0
Total 5 years
Arerace. ^.
At some
3.t«a,106,21>7
3.H35,«:iU,«ii)
781, 83.1,250
697.13l,ini
l.l'.;!..:sii.:(H.*
ia,fiiii,rj}
1,1)111.
iw,n7
5.Hll-i,r)7l),IS0
l.cno.TU.iKM
Bxp. 70.«48,4K1
RTp. 15!,lS«.0at
Exp. »S7,8H.«U
Exp. 9M4,6ai,0«(l
Kxn. ir.r.iwl.'.irj
flo7.ew.7ia
lR*f
If.xTD.lllW
Imp, 880,108,813
Imp. 70,038.Mii
5T7.fr;3,34B
S(n.47B.9.>0
law...-;:..
KiP.
Imp.
and for the prosperity tbat followed that eventtliat point, note how heavy was the balance in our favor between 1878 and 1881.
In 1878 the
excess of exporU was 258 millions, in 1879 264 millioni,
in 1880 167 millions, and in 1881 260 millions.
In a
word, in these four years we had a balance in our favor
year,
—
close to a thom^and million dollars
actually 950 roilliont.
In the four years since then, which covers the time since
364 millions.
LABOR TROUBLES.
Labor now seems
Bxp.
Kxp.
Rjp.
Exp.
Exp.
the balance has
the assassiuation of Tresident Garfield,
Ijoen only
250,718.718
S3,0OJ.«SS
1.545.011.1174
i.4t:i.i~i.«ii
lOO.SW.JHS
1
72,815.010
1
ltM,41().833
"ixp. 083.500.038
Bxp. iai.701.ai7
Those who
upon what they
live
.
7.2»1.8!!.'i.l''.ll
1.468.9rt,').l»l
when the full details for the
we may have something to say
be experiencing the worst conse-
to
quences of the depression in business which began almost
exactly four years ago, and has continued, with little or no
interruption, ever since.
.
i...i......"
past
later day,
year are accessible,
117
As bearing on
l.fT.'
ATerMO
—
.
as to
earn by the labor of their hands from day to day and from
month
fact
to
month, can never be brought to appreciate the
that
the
by
amount
of their earnings
is
very slowly
commercial disaster; yet it is a fact.
the reason for the changes here disclosed in the yearly Merchants and manufacturers who see their business
aggregate of imports and exports. At present we shall diminishing and their profits vanishing, hesitate long
content ourselves by simply pointing out the more import- before they dismiss faithful and efficient helpers, and
ant features of the statement.
affected
financial or
Looking at the record of before they give
hands the alternative of discharge
For months, years even, after
only the years 1875 and 1876, when there was a slight the beginning of such a decline as this which we all hope
temporary fall till they reached their maximum in 1881 has nearly reached its term, what may be called the perat 902 millions, a total more than double that of 1871 manent working force of the country is substantially
Factories
(442 millions) a decade before. In the very next year employed in full numbers and at full wages.
after 1881, owing to the disastrous crop failure we had and furnaces continue to run full time, and, for various
experienced, there was a fall in the exports of 152 mil- reasons, which are so well known that we need not even
the exports,
we
find that they steadily
advanced— barring
to their
or a reduction of wages.
—
be in part recovered in
only to
fall still
repeat them,
1884 and 1885, the total in the latter year being
not quite 742 millions. Notwithstanding the break in the
down wages.
lions, to
^ower
188.3,
m
years, however, the aggregates by five-year periods,
which IS the true way to measure progress, show continuous improvement.
Thus between 1870 and 1875'
the total reached only 2,509 millions, in 1875-30 it
increased to 3,383 millions, and in 1880-5 still further, to
later
much
somewhat
dif.
These in the inflation era culminating with the
crisis of 1873, had assumed huge dimensions, and they
naturally and inevitably declined when that crisis made
it evident that our trade was on an artificial basis, and
that we must practice rigid economy and abandon luxuferent.
a long time before
that
it
is
possible to cut
life is
at
reduced so
mean
much as
diminished pay does not necessarily
diminished comforts, while the
in flush times
find, if
many who
earn as
they ever analyze the situation
which they probably never do
actually improved.
But
is
is
Meantime there are compensatory forces
work, for the cost of the necessaries of
3,959 millions.
In the case of the imports, the story
it
— that
their
condition
is
at length the necessity of self-preservation
compels
own
level of
employers to bring laborers down to their
misery and hardship.
Manufacturers are forced to adopt
one of two heroic remedies.
Either their employes must
accept wages which will drive
strictest
them
economy, or the works must
the state of the markets
is
to a policy of the
stop.
Frequently
such that not even this choice
if we would restore business to a sound condiNo possible reduction of wages will enable
IS left to them.
Hence while between 1873-9 the value of our them to sell goods at a profit in an overstocked market^
exports was constantly increasing, the importations wore and the only thing to be done is to shut down altogether.
as steadily diminishing, till in 1878 they had dropped to We have already reached this point in some trades and
437 millions, against 642 millions in 1873, only five years are rapidly nearing it in others. Already ? But it is,
rious habits
tion.
In 1879
before.
—but
they increased but slightly
—
to
445 mil-
as
wo have
said, four
years that capital has been suffering
mania which was the miseries of hard times, while labor has only to a very
rampant elsewhere, broke out here, too, and the imports small extent been forced to endure such hardship, and not
ran up to figures never before exceeded.
They reached even yet to such a degree that pauperism is perceptibly
668 millions in 1880, 642 millions in 1381, 724 millions in increased.
How recently and slowly, by comparison,
1882, and 723 millions in 1883.
Not till 1884 (fiscal year labor has been put under the harrow may be discerned by
ended une, always) did any decline of moment occur, and looking back only one year to the time when the cotton
now in 1885 we find the country back to 577 millions, weavers tried, and with but partial success, to establish
which of course is small as compared with the 723 and short time in the mills. Some manufacturers refused to
724 totals in 1883 and 1882, but looks quite heavy as join in the movement and the gross reduction of produccompared with most of the totals for the years preceding tion was not important. Now, however, there is no need
1880.
Arranged in five-year periods, the imports from of an organized movement. Each mill takes an independ1870 to 1875 were 2,889 millions, from 1875 to 1880 were ent course, and shortens time regardless of what its
2,462 millions, and from 1880 to 1885 were 3,335 millions. neighbors are doing.
It was in the declining imports and increasing exports
This is the most difficult pieriod in a season of depression.
of the period between 1873 and 1879 that we laid the It is the harvest time of the labor agitators.
To be sure,
baflis for the resumption of specie payments in the latter one cannot be surprised at the ease and willingness with
lions
,1
after
that, the
speculative
..
THE CHRONICLE.
118
[Vol. XLI.
the dent in their days of special trial, are problems which,
which the nard-working wage-earners fall a prey to
hard though they will never be wholly solved, none the
demagogues who infest their society. Their lot is
they less, or even more on that account, call for untiring attenenough at the best. Savings bank statistics show that
And is it not the glory of our day
tion and investigation.
augment their savings somewhat in the interval between
these directions are greater than
in
making
that
the
efforts
when
the beginning of a financial calamity and the time
that a wider recognition of
least
at
showing
before,
ever
Yet
wages.
they are subjected to a serious reduction of
capital prevails.
any working man's provision for a the responsibilities of
in
that
wonder
can
one
no
day" is so small that
OF JULY.
his rage at being driven to eat into his capital he listens
FINANCIAL
eagerly to those who encourage his anger, and shows a
The month of July was not marked by great activity in
disposition to adopt even violent measures to secure what the commercial world.
Merchants considered themselves
cool looker on has
he is told are his undoubted rights.
fortunate if they held their own without losing ground,
no difficulty in perceiving that a strike, at a time when the while manufacturers found little to encourage them in the
average manufacturer is making no profits, or securing so way of a better demand for goods, either immediate or
meagre a return that he is in doubt whether it would not
In "Wall Street the case was quite different,
the whole
sum
of
" rainy
REVIEW
A
prospective.
Neverthe-
to close his mill altogether, is folly.
be wiser
and under the influence of the most important railroad
less, men are easily persuaded to strike at such times.
negotiation that had taken place in some years, the stock
new complication has revealed itself within the last few market was raised out of its longcontinned depression.
months. The authorities have displayed either a strange The agreement by which the New York Central is to lease
timidity or a disposition to keep on the right side of men
the "West Shore and guarantee its new mortgage of $50,who, defiant of the law as they may be to-day, will have 000,000 at 4 per cent, and the contemporaneous arrangeThere have been symptoms
votes to give not long hence.
ment for the sale of the South Pennsylvania and Beach
of unwillingness to deal vigorously with strikers threaten- Creek railroads to the Pennsylvania Railroad, were not
ing and committing violence heretofore; but it seems as if fully consummated at the end of July, but they were in
late instances were more blameworthy in this respect than
progress with so much certainty of being carried out that
any previous similar occurences. The politician is always their accomplishment was regarded as a foregone condisposed to yield to those in whose power he is or may be.
clusion.
The statesman would say that the law must be obeyed,
Money remained very easy; the New York City banks
even though he wrecks his political bark who forces men
reserve on the 18th,
A
reached their
Unfortunately the combination of short official
terms and of strictly local representation seems to foster
to obey
it.
and
the growth of the politician
to stunt statesmanship.
"Whichever party is in control seems to make little difference.
The
officer
whom
upon
the responsibility
before acting, apologizes to the
mob
is
laid hesitates
before he moves, and
does a half of his duty with unconcealed apprehension of
the consequences to himself
didate for
when he
shall
be again a can-
office.
Happily these seasons are
Usually the arrival of
short.
the time when labor has to complain
inability to make both ends meet with
justly of a positive
the wages allowed,
and the setting in of the
return current of prosperity. Not, of course, that the two
events have any connection with each other as cause and
marks
also the turn of the tide
but that the time when labor begins to suffer
effect,
beyond endurance cannot
When
better.
labor
is
last,
and any change
is
is
for season.
common with
It is only
when
The Bankers' & Merchants'
causing a large decline.
the teachings and advice of
the labor agitators are put into practical deeds, in violence
and public disorder aimed at whoever opposes, that the
community finds itself obliged to consider the labor question.
SCKMAST ON OR ABODT
1883.
York Cily Banks—
LoauR and di9coimt4
that
it
necessity for a constant study of the question
may be
dealt with not
disorder, but at all times with
alone in
wisdom.
demagogues always be found
moments
S
ment
2%»4'4
SO'art.
49 'ad.
4 84
1U2>9
485
103
132
102%
11 279
IflOU
131
112«8
119 In
120'il
12258
ll«3a
110%
9S
507,6d.
13:1%
112%
RiaUroMl Stocks—
Central * Hud. Kiv.
Erie (N. Y. L. E. & W.)
I-jike Shore & Mich. Southern.
MicliiKan Central
Chica),'o Rock Island & Paoiflc
New York
Contests will
Clinois Ceiitral
to
34%
...
. .
tferchaiulise—
Cotton, Middl'g Uplands. 1?
Tb,
$
lb.
Wool, American
XX
Iron, Amer. pig, No. 1..^ ton. 21
Steel rails at mUls
40
Pork, mess
8<iia
88
12258
131=8
72%
114%
70%
63
127 14
101
85 >9
ISO"**
10.'J%
12558
87
11438
63 Tg
1C2H
10
llli«
32940
85*36
00*22 .50 20 00® 2 1.50
0Hd42 00 28(0829 00
99
79 »8
45%
lOis
32W34
17 50 818 00
27 00
ll.Vl 17,
95isa97
60%aGi
99%
bush.
(i2ia»639|i
«bbl.
15 75
18 00v7)17 00
52>«
11 50
Wheat. No. 2 red win.^ bush
Cum, West.imx.No. 2.V
15»a
107%
VZhH
Chicago ife Northwestern, com.
Chicago Milw. & St. Paul, com.
Delaware F>ack. As Western
Central of New Jersey
'
to provide for the improvi-
289.7.'i9.'20O
4i«a5
Silver in lj>ndon, per oz
Prime sterline liUls, 60 days.
ITnited Slates llomls—
38, registered, option U. S
them when they occur, how both to meet the
exaggerated pretensions and relieve the just demands
how
1885.
—
of
of labor as they arise,
1884.
15,378,li00
Prime paper, ai-^ty days
of
foment violence and
politicians to coquette with it.
But how, as far as
possible, to avoid such crises and prevent their recurrence, how to temper justice with mercy in the treat-
arise,
AKD 1885.
308.113,200
74,79',700 113.733,100
14.3152.700
9,701,200
Net deposits.... ....... .. a 323.575,900 305.577.500 385,065,700
J^e^al tenders.... ............it
27,103,700 32,229,800 44,87t;,200
$ 80.893,975 7(i.391.375 96,260,425
Lesfal reserve ...........
Reserve lield
$ 90.233,70<' 107,022,-.00 160,6011.600
61,343,175
»,339,725
30,028, l-'o
Uoney, Exchange, Sitvet
lali«
1»2
2
$ 327,250.300
S 63. ISO, 000
Specie
Circulation
68, currency, 1 S98
is
AUG., 1, 1883, 1884
y««>
But the more thoughtful among our people inow that
there
Tele-
graph was sold in foreclosure on July 31 for $500,000.
Foreign exchange showed no striking movement.
The following summary shows the condition of the New
York City Clearing-House banks, rate of foreign exchange
and prices of leading securities and articles of merchandise,
on or about the Ist day of August 1883, 1884 and 1885.
it,
by which prosperity returns to a country.
the great body of business
men, have been studying the matter with an anxious wish
to discover the faintest sign of a beginning of the wishedreaders, in
advanced most handsomely, though nearly the
whole market was influenced by the new a.spect of affairs.
Mr. Gould was reported as not being interested in the
advance, and late in the month he sold Union Pacific,
STATISTICAL
detail the process
Our
curities that
is
"We probably need not
a revival of activity.
^of surplus
for the
largely unemployed, production
BO greatly reduced that consumption quickly overtakes
and there
maximum
when they held $64,573,475 above the legal requirement.'
At the Stock Exchange there was decided animation
and buoyancy in prices. The Vanderbilt stocks. New
York Central, Lake Shore and Michigan Central, and the
West Shore bonds and Erie 2nd consol bonds, were the se-
...
'
August
oiroauia
,
THE CHRONK^LE.
1888.1
1,
ruoM or ooraKMitBirT ooKirun
ui jolt,
119
1886
May
RAti.RoAhii.
..
Am
!
'
•t
II.
ft.,
July.
Jtily.
l«9l'. loo'r.
1-
Hi:
.7'. .:--:-r,...:.T
. Holi Oar..
9
«
")
7
112
-Iff
•33
•83
Sm
81
83
83 •
83t«
11
10%
S3
197,
----
\
123\
.
-
..a...
122\
lli:-'.'^..'.i"-~'\'.'.'.'.'.'.,
IS
103 >a
1
(
ibsia
u>3>a
xTV.::::. US'*
!
iaaJi
Il2«t xV
Low
112>s
Il2i« lauoB
show the
following table will
lowest,
\:
ilia's ixi^i
June and
Exchange
Stock
durinR
highest and
the
mouths
of
July, 1885.
— June.
3/(11/29. /yOW.
'•
133
8iisuii«b...
I'.ip.&S. Fa
'
V Alrl,. t>f.
•V K. A No.
.*.."...
39
.V.
l^iU!«
.Y
Uo
Do
•8
36%
30i>8
•J9'4
32
301a
•1
30
1
lat prell
2<! prof.
prof.
.
prif.
Chic
St.P. Minn.ftO.
Do
pref.
Cler. Col. an. & Ind.
•4
•Tia
•lis
Danbury & Norwulk
Del. t«ek. A West'm
Senver <Jt K. (jrande
Dubuque <t Sioux C.
East Ti>nn. Va.
Do
A
136>«
1391a
64%
101\ 103 >a
pref.
*
T. H...
Tex. Cent..
Illinois (ViitnU
Do L'HCtl Line 1 p.o
<&
Indiana
AW
Bl.
Keokuk A
93 >4
7
7
14H
18%
16
•II4I4
•5
tl6
'6
•13
l»i9
22
21%
69 ''g
•30
C6
28
7418
3338
51a
433
68
514
•46
"•3"i4
•18
1271a
89
SlTg
I'<1.uk1
T,
"7b'
Nashv..
v
\.
.
A
Ohio.
ri'lisdl...
hCo.
Men-:
too.
\-d.
Mu.'l
."
Mil.
Muii..
I
prel.
901a
15%
34
24%
iijs"'
.
.V
.i.L.
Unci.
R
N.Y.CIiIc.A8t.J.<)Ui8.
pref.
T).i
L
A West
k.
.
I
..
W.
Erlu.k
•36 la
82%
141a
3»9
n9o
17
121
8714
71*
9))ia
41a
41a
58
58
•278
's
§190
^24
1261a
871s
9
A
2%
74%
5818
7714
•Tola
3119
S.'i%
3478
5iag
27a
1%
40
11
414
!
§9338
III
81%
9%
15%
37
13
7%
l-i'.
I
'
8878
2%
22
20
183
Alton
A
AT. H
Price* bid.
..
f
1838
•2%
16
74
76
3148
4138
22
95 ^
13
33
25
98
11
37
§121
•36
8
1201a
39
§84^
•2
21«
•4%
§SS%
637g
§59%
59%
m
137
O3I9
9714
51%
53
I«
'ISS
^91
•110
111
93
U«
54
94
lll*t '111
137
91
52
S2%
103%
112
9%
0%
•10
23
6%
12%
13%
15
5
5
24
24%
22%
22%
3%
•s"
•!>«
6S°8
037a
I2!>«
3%
'3
'20
4H
9%
8
2I4
51a
17
17
10 M
38
ISia
•1014
'OS's
14
*32i«
63
1831,5
120
120
13
511a
181a
20%
16
B
16
17 >a
i9Ja
Prices asked.
§
8^
133s
1321a
1401a
1%
'"i"
2%
131. '127^
8I9
1
•48
50
2U
2%
*18
§;'778
31
21
1861a
15
71
8
8>«
18
11
•39
22
19 14
"4
1614
12.514
3'^
161a
3878
10%
8
8
217»
2218
18'>g
»8
48:'9
19%
19 'a
72
9%
1014
18%
14
21
135
July.
60
De-
days.
mand.
83%
26
78
78
5538
Rz
51 % §t8%
123% 121%
46%
4(178
lis
dividend.
EXCKANOB (POSTED HATES) FOB JDLT, 1833.
July.
60
DC-
days.
numd.
60
1
Jnly.
mand.
day.
1
4 85
1....
2....
3....
.
.
5....
6....
7....
8....
9....
10....
11....
12....
4 86
4 86
185
189
13....
14....
15....
Holi day
8.
185
4 86
4 85
4 86%
4 86 is
4 85
185
4
4
4
4 85
4 83
186%
185
184%
19....
20....
21....
22....
23....
86%
86%
86%
8.
1
4 36
1 8i:%
185
16... 183
17.... 185
18.... 183
4 86
27
4 861
8.
486%'
185
4
_
l28.-._
29....
30....
31....
87%
187%
26....
8S%
86%
4
4
21... 4 86
23... 186
8.
187"'
4 87
185%
4 83%
187%
4 87%
187%
4 85%
4 8.5%
4 85%
185% 4 87
185% 187
Eange
187%
Hltfh 186
Low. 184%
187%
186
186
IMPORTS AND EXPORTS FOR JUNF, AND FOR
THE SIX AND TWELVE MONTHS ENDED
WITH JUNE, 183.).
The Bureau of Statistics has this weak issued it^ detailed
statement of the foreign commerce of the country for the
month' of June, and the six and twelve months en led with
The last column
June, and we give the figures below.
(embracing the figures for the twelve months) ;t should be
remembered covers the Government fiscal year,
MEBCUANDISB.
For the
For the
For the 1
month of lUonlhs ended itontha eiided
June.
June'M.
J^Miie30.
\
'
1883.— Exports-Domesllc.
$16, 737,.52.'!'$327,93r,684 $726,496,716
8.T'H,Oiii
15,3«l,9«7
1. 449.425|
Total
.H8, 18H.»48'ii'.<3iJ.03.),7 7ll$741.S:J3,68a
Imports
19, 208.232 2 aU,921.570 677.476.850
Kxoess of exports over imports
$55, 8,200$
,v lO 1,41 ti.ssii
•
.
.
y.riyiia at Imports over exports
1, 031,281'
-.52
1881.—Exports-Domestic
$51, 930.1
-.7
r.
Foreign
1. 360.
;<!:>.
Total
«53,;,330..i,
Foreign
...
.
n
.
.
Imports
Eroess of exports over imports
tixaeaa of imports over exports
ISN
-Exports— Dom.— Gold
Total
ForeiKU— Uold..
Imports— Uolil
,,...
Silver
Excess of exports over imports
Excess of luuHirlB over exports
1834.— Exports— DoiM.— Cold..
Silver.
Total
r\)rcisn— Oolil
'"2414
*23ia
$10,7.',
;;)3
..~.,Jia
.
Importa-Uuld
$1,-Irl7,557[
11.17 8,406
$25.7;.
1.11 3,'.)5.
I
$.',741,559
21,634.551
$21,376,110
Jl.OllI
$5,736,333
1
•.963
-
.1
;i!i.),2'>3'
$Ti7in,!T34
Ti 30,7.11
12.n9.0«2
$17,M53,416
$1,353,339' $2:-l,977,S97i $12,231.5:5
9229,763
$7,296,.M6! $26,0^1.698
903.813,
7.113,t:<6
16.550.627
$1,133,5761 $14,70V»,'i.jj ~$43,242,32»
$3,224,763'
$),268.245 «
1,010,798
$3fl,20o! $31,993,101
7,8:^.ii-<i
1.<j97,706|
$35,294,201
1 :.'i:!!.131^
$i,if3,yu
.
Total
Total exports
64
"19"
177,2o8
$3,218.'
$
Tot.-U
1«*
314
3:ij,7
2,.502. .3!t2
Silver
Total
Total exports
Silver.
314
.
l^:i.3iu|
$710,196'
.
Silver.
1278
17i«
2!<
5'
GOLD AKD StLVBa— COIJf AND BULLION.
1 883.
a
2'8
Ex-dlvl4end.
95
83%
73 '8
118% 117
4
92%
74 7g
22%
75%
Prices asked.
I
140%
64
28
69%
§118% 115
BAltKBBS' STEKLIKQ
7 '4
Xl'4
31a
2214
1878
75%
1
92'*
la's
301a
22
55%
§95
80'4
24I4
|
a'a
7>4
1.578
"75"
23%
40»4
92 la
14
3i>'4
3d
126
41
§99
75
70%
4%
678
21c
678
Prices bid.
99
59214
7414
'125
"es'ii
98%
77%
'•j'li
8918
908
181
8<g
151a
135I4
is
iUe
54%
5
7133
•11
•9 '4
9
Kl.lnn.il'.i.V Wf»l PV.
Koilii-st.i \- Pitish..
B«>nie \S iirer.
Otfd..
II4
914
ille.
'.'.'.'.'.
•20
1301a
90
30
91
{93
-7
7
125
40
I3I13
--.-.lal
•5
195
9ii%
6
122
35
11
131
5%
5941a
on.
Plttab.Kt.W .vcj-uar.
14
*I5
31<^
22 la
9Iia
183
13
4ia
738
52
16
7i»
,
8=8
4»8
71a
2238
9838
17
i.iiiiv'
8'8
63
33
pref.
!:
1031s
10214
13
17
'
3718
1714
18
::-rn
69i«
Hliia
28%
»9
.
38>a
141
50
I7I4
88%
•Ilia
51«
10>a
267,
27%
15 1«
.
24
1818
6>9
. .
I
pref.
Consolidated UasCo.
Del. A Hud. Canal...
fi.iprov. Co..V NaT.Co.
1
129
29 14
6%
1%
-MltUSlppi
r,ry^
•514
•10'.
•6>4
261a
161a
6
I6I4
3778
20
03
•!
3:;i«
12'3
2
pref.
20
6)
5%
12
45%
13
*ff
Do
Mlu
Da
35%
11%
pref...
\V. hi., pref
11
01
29
(^nUiknilver
-65
421a
29
9014
luia
•714
7
1
U
a Coal...
1.
lOifl
12
•28"
1251a 125
"51"
55
61
4
93*
11^
181a
19
8
62%
lU
•01,
Iron
.'alaoeCar.
25
23
86 >4
8
21a
138
31.
83 14 7a 1*
113
1121«
10178
93
132'a i:u%
119
119
195
26
132
38
48
6
190
24
120 '4
90
leag
32
Ohio Cent ml
M
97%
§95
11
WcHt..
\V...
Bil.^.j. >t
5%
21a
17%
Northern Paoltlc
•
30%
31
i'li
ft
1%
i-rd
Do
l.»
•72
141a
42
,,ra.
N Y
St.
211s
71
§15
200
26
•8!>
pref.
1
N. Y
A
8I4
51a
49
§15
I2.'>ie
"•is'ia
17»8
9iia
f*:irlt1p
:v„.i.,
N. Y. <Vlit.
I
51a
2^8
4>a
•i9
Mo. Knns. A Toxna
O;,;.. -..
6i«
14
•21
U. "I'i"
.
MIsflonrI
32 14
ref
!
.^
127
115
§9378
691a
34%
1311a
30
51a
,
651a
15
1
25
110
Mininif..
12
19
136
pref.
taakeSlioi-e
Iforfnik
^93
104
12>3
12fll2
111
50
IOII4
46
36
7
138 >g
Molnea
D.
Lake Erie A West
PliilH.
5
67 'a
9Ci«
63
lli«
70
721a
715h
10-!% 108's 108
§94 la t920g
91%
la-ia 5l-Z3'4 §129
113'4 118
a-'a
Do
Olll't
•8
•4 la
12fi>9
111
Harlem
N. Y
N. Y.
41s
4>8
f'4
4 "a
1.52
•go" 152
n2l>4 120% I27"a
Oa.
Ft.Wortlii Douv. C.
Orccn K.Wiu.i St. P.
V
3%
7%
PIttHb., Btinr.
Evansvillo
SO
»
10
33
Do
N
83
111*
pref.
Islsnil
Chio. St. L. <Sc PittAli.
NY
24
10^
2»i«
II
* North wegt...
Lone
"iif^
35%
Do
HoiMt.
3!)
9i
03
IQia
CWo. A Ropk
A
ti6H
93
J
Do
Clev.
133
"93"
,
Low. Hiiih.July
130
130
36
Cldoairoit Alton
Do
pref.
Chic. Hiiri. .* Qiiini^r.
Chlo. UU. J( St. Paiil.
Chic.
Uigh. June 30.
una.
„lHc
UiUO
A
Villi
fir..,..,.L
—July.
.
Jersey.
CV.I;.
11>
4.<
Lk>AI. A.SK .MININO.
("or I,
I
iUM
Vfii
60 >(
Cameron
c.ir,,-,..!,.
18
M<v
(1074
Variocr.
KANOS or ATOCKS IN JUNB ADD JULI
AlhAnv h
52
110
.-.-OACO....
.
814
97
1
135
131
•85
closing prices of railway aad miscellanoous stocks at the
New York
51^
lOI
67%
59°s
wt»fl
llii'a IJ
Olofc
8^
KxritKHA.
122°8
Open
Hl«h
81
8
-ili'ts
-
A.liilii..
ift,j.
18
-
Wonlcrii UouHi
123\ 103 1«
30
31
1829^
xV......:..
la.
The
I:,
18
771s
90
11
63
10..
UJ
8A>4
31
8
12
•61
i>ref.
30
«0
M'M.
'rki.):*;n
VA..
10
11
18
80
84
83
101
3%
A I'aeine.
J..
Do
84ia
jL...
-
Wall. bt.
1
i:u
71*
ISSia
122 ag
i^t
t2i%
.
8:1 >a
7
21
loi's
Jul\ftl.
II'
KU..
I
Itiu
22
23
21
25
'(1
8
Imw.
20.
FranclMMi.
H.
A Man
.
SO
:_,jLi
»Lj_,
'a
4
A
Do
i>rnf.
Do
lilt pref.
8t.P. ADoluUl
D"
prof..
L.
St. Paul .Minn.
Koiilli
iic'llnii
..8
132 ««
19
1
3
2
..
.
..
$41,90
6JU,62J
.(5
;,3
•
1
:.i
i
-,9;>5
$73.>,521i $.0,..8.>,UH1| $16,907,718
$l,!n!P.i;i.".
<,:7
\AA :<«3
7
Silver.
Total
Excess of exports over Inipor
Exoess of Imports overex port ^
V
.j!i,J63
707,121
..
.
p
..
:
THE CHRONICLE.
iid
Com AND
TOTAL MERCHASDISE AND
June
June,
....i $49,956,111
1885.— Biports— Doniestio
2,589,176
$52,545,287
50,401.808
Foreign
Total
Imports
Excess of exports over imports $,!,143,47»
$53,164,054
1884.— Exports— Domestic
2,085.958
Foreign
$55,250,0 1 i
Total
55,279,270
Imports
Excess of exports over Imports
29,258
Excess of imports over exports
—
Juiie 30.
30.
$340,802,647 $750,872,826
33.252,382
19,215,020
$360,017,667| $784,1'^5,208
295.631,222 6 20.719,173
$tf4,;i86,4i5, $163,406,U35
$377,080,117 $775,190,487
32.456,505
18,690.764
f395,770,884 $807,646,992
347,636,443 705,123,955
$43,084,438 $102,523,037
1
is a statement showing, by principal customs
the values of merchandise imported into, and
exported from, the United States during the month of June,
1885, and the values of imported merchandise remaining in
the warehouses of the United States June 30, 1885, and June
The following
districts,
30, 1884.
.
Remaining
IN WAREHOtrSE-
Customs Disthicts
AND
Imports.
P0KT8.
Domestic.
Baltimore. Md
Bangor. Me
Bath. Me
Beaufort. S.C
Boston k Charlestown, Mass.
Brazos de Santiago, Texas.
Brunswick, Ua
Buffalo Creek, N. Y
Cape Vincent. N. Y
Champlaln, N. Y
Charleston. S. C
Corpus Christt, Texas
Mich
74.813
68.038
9,519
19,551
10.068
58,697
73,108
1,1S0
4,005
48.329
12,703
1,960
47,588
23,304
16,989
51,902
8,592
62,614
9,034
12,568
3,889
3,171
14,014
8,767
3,122
5.857
661
.-.
Pa
Plymouth. Mass
Portland and Falmouth, Me
Providence, H.I
Richmond, Va
Salem and Beverly, Mass
Saluria,
Texas
San Francisco, Cal
Savannah, (Ja
St.
Louis,
1.3151
99,405:
S,.325
lO.tiSa
2,999.285
4,635
3,804,571
220,079
23,428
40,891
253
98,948
48.297
43.877
3,392,921
55
182.344
598,368
4.248
8,388
,
Mo
Vermont, Vt
Willamette, Oreg
Wilmington. N. C
Yorktown, Va
Interior ports
All other customs districts.
Timt.
2053
Berlin
Frankfort...
920'57
Vienna
20-53 ®20-57
12-01>iail2 68%
Trieste
12-61
i4al2G8%
Antweri>. ...
25-41iia26-46ij
St. Petersb'g
2338 »2308
Paris
Checks 25- 17 >4ffi 25-2219
Paris
3 mos. 25-3(Jii®25-41i4
Genoa
25-5114*25-5614
Madrid
46
46
Cadiz
Lisbon
Alexandria
Constaut'ple
®46>e
51i5iea52ii6
Bombay
Calcutta
New York.
'<l46i8
Is. OlSjgd.
60d'}-8.
.
HonK Kong.
ShangUal
D'm'nd
IsVeiBltd.
her words. This sudden appearance of a
horizon which it was thought was
gradually clearing, has produced the more anxiety because
Russia is steadily moving her troops towards what may yet
turn out to be the scene of conflict. Nothing but the permanent removal of this cause of uneasiness will enable manufacturers to conduct their operations with confidence, and such
being the case the desire to see the end can be well understood.
If we are to be subjected to sudden spasms of panic like that
we have recently gone through, we must be prepared to see
continual sluggishness in all trading operations.
A slightly improved demand for money has prevailed, coin
being wanted for Ireland owing to the Munster Bank failure.
The commercial inquiry is, however, as slack as ever, and
capital being quite as abundant, rates keep low. Day-to-dayloans are at '^ to }4 P^f cent. Discounts are a shade firmer,
but there is not much doing. The Bank of England return is
again strong. The proportion of reserve to liabilities stands
at 45-37 per cent, against 44-32 per cent last week, the total
reserve being £17,837,000. The stock of bullion has increased
to £'37,486,000. There is every indication of the continuance of
an easy uneventful money market for some time to come.
The rates for money have been as follows
sible servants to belie
war cloud on a
political
:
-.
1,731
Interest allowed
rates.
for depr^sits bv
.
Trade
Bdiik Bills.
Bills.
1
Three
Four
Sia:
Four
Stock
«te
Months Months Months Months Months Months Banks.
24.756
640
4,134
1,679,869
22,968
87.280
36,296
8,611
8,109
1,804.637
10.835
28i,aso
42,454
40,987
1,290
10,825
9,698
14.873
59778
1,449.425 33.288.460 41,865,602
Latttl
Date.
Time.
16 Short.
1«
16 3 mos.
1« Short.
16
16
16
16
15
16 Cheeks
16
16 Short.
16 3 mos.
16
16
16
16
17
17 60 day
17 tel. tsfs
17 4mog,
17
Sou.
12 01
20-31
20-36
20-38
12-44
25-22
24ii„
25-18ia
H®U%
Y'
••
19 2
26 2
Jnly 3 2
"
10 2
" 17 2
••
At
7 foil
Call.
Davt.
Three
|
|
1,826,902: 1,980..%8
103.812,
832
43,6741
34,848
248,5871
245,708
6,387'
12.580
Wse
Disc't
68,809
2,230
'
114,379
211.283
108.384
58,774
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
tic
June 12
67
Amsterdam. 3 mos. 12 214 «12-3
Amsterdam. Sight. 12-0^ «12-1%
Hamburg.. 3 mos. 20-52 a>20-58
is made for the natural aptitude for intrigue characterisof the Muscovite, it will be admitted that apprehensions
were at least not groundless. The steady pursuance of a firm
policy will alone convince Russia that she has nothing to gain
by speaking fair, and then allowing the actions of her respon-
ance
2,511
142.588
Bait.
Afghanistan, and although later advices showed that the previously circulated reports were exaggerated, it was very clear
that they were not without foundation, and since then there
has consequently been more or less anxiety. "When due allow-
Open market
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
XZOBASOE AT LOrrPON-July 17. SXaHANQK ON LONDON.
On—
change was noticeable in other industrial departments the
prospect appeared to be brightening rather than otherwise.
Towards mid-week, however, reports were circulated of fresh
aggressive action on the part of Russia on the borders of
C5
1,S35
102.854
2,198
17,525
is.Viis
49.268,232 46,737,523
is to be accepted as in any way a barometer
of public opinion, greater confidence in the future was bein^
Metals also were hardening, and if no great
developed.
"150
1.851.104
147.120
67,714
Totals.
763
114,833
'6l',604
36,382
8,059
219,110
75S.626
837,846
929,933 21,485,083 27,710,156
Y
i'hiladelphia.
Pittsburg, Pa
185
606,241
20,386
294
12,212
66,928
17,606
586
i'lu
328
23,826!
698,759
732
2.125
11.884
38,782
75,956
59,522
67.992
4.807
7,46;i
77.310
New London, Conn
,
4,983
New Orleans. La
550.472 2,002.887
New York.N. Y
30,974 ,8ll.S a7.BU5.988
Niagara, N. Y
4.X82
198,048
Norfolk and Portsmouth, Va.
31,607
2,263
Oregon. Oreg
251,284
13
Oswegatchie. N.
94.498
140.592
Oswego, N. Y
288,630
460.550
Pasodel.Vorle.Tex &N.Mex.
59,820
Passamaquoddy, Me
34,847
120,445
Pearl River. Miss
41,971
Pensacula,
7,810,312
304
490
'45,831
1,872
Perth Amboy. N.J
221,147
(,166,508
17,865
319,148
86,614
454,513
39,075
lAW
Mass
Humboldt. Cal
Huron. Mich
29,694
8,038
555,64'
30.770
29.«8»
11,420
24
04,618
47,480
11,668
Gloucester.
Macbiaa, Me
Miami, Ohio
Michigan. Mich
Mlddletown. Conn
Milwaukee, Wis
Minnesota. Minn
Mobile, Ala
>'ew Haven, Con»
t
183.634
2,100
30.529
113.891
4,968.407
66,665
154,086
28,046
27.143
153.191
105.666
156,278
161, 70S'
16,626
Dniuth. Minn
Femandlntu Fla
GalrestOD, Texas
Genesee, N, Y
Ky
24,187
204,495
44.245
310,462
20,273
6I0.S26
132.S35
101,543
50.642
CuyatiOKa, Olilo
Louisville.
2,i838,352
73.788
35.462
Cincinnati, Otiio
Fla
1,077.171
s.mjiio
Clilcatjo. Ill
Key West,
J'neS0,'85 J'ne30,'84
I,7i7
.
Detroit,
Foreign.
t
M
Stock Exchange
BULLION.
For the 12
FortMG
Months end€d\Months ended,
For the
month of
XLI.
[Vol..
® - lK®lHlk®2 llW®2M2 @2«
34® -lM-15-l6;lMa -il>4®l«,2 @-iH
U H- H
H H-H
2M@2«
«® - Hd - iHi®-i ®2 i^®2 \nm^ii
H» - 1 ® - 1V4®1?«I ®2 jl>i®2M 1J«®2«
«® - «® 1 1«® -il54®l« lKa2 !l9i®2>4
?<-13-16i% ® 1 m® -'i ®i«'m®2 'i5<,®2«
H H-H
K H-H
» H-H
^ H-H
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols,
the price of middling upland cotton and wheat, and the Bankers'
Clearing. House return, compared with the three previous
years
1883.
1884.
1885.
Clrcnlatlon.excludlng
«
7day& other bills.. 25,39S,855
4,882,976
Public deposits
34,244,417
Other deposits
£
Bank rate
Onsols
2 p. o.
99:^
33r. 8d.
1882.
«
26,096,765 26.643.245
3.4i6.681
4.473,285
23,830,393 28.015.738
14,349,471
11,965,643
22,632,913 22,570.394
11,812,694 12,771,863
26,014,190
5,153.681
26,870.198
aovernm't securities. 17.054.990 13.579,571
22.338.959 22,248,609
Other securities
Res've of notes* coin 17,837,457 14,310,663
Coin and bullion in
both departments.. 27,486,312 24,574,858
E^oport'n of reserve
44S8 p. c.
4537 p. o.
to liabilities
22,1,59,459
23,663,103
41% p.
4
2 p. 0.
10058
3Gs. 9d.
c.
p. 0.
40 Vj
p. c.
3
p. 0.
100
99?i
48a. 5d.
Eng. wheat, av. price
42s. 2d.
O^igd.
S'^d.
Mid. Upland cotton..
513,6d.
4''8d.
B'all.
10 lid.
9d.
No. 40 mule twist
8»8d.
9>ad.
Clearlng-Houseret'n. 113,387,000 126,407,000 132,735,000 135,427,000
The Bank
rate of discount
chief Continental cities
have been as follows:
JtUu
and open market
now and
July
16.
rates at the
for the previous three
juiv
9.
a.
weeks
June
26.
Bates of
Interest at
Is.
62332d.
4-84
Is. 6%d.
Ss. 7(1.
4g. IQTefl.
IFrom oar own ooixespondent.J
LOKDON. Saturday, July 18, 1885.
have had a rather unsettled -week. The opening days
were characterized by more favorable symptoms, and if
the
Bank Oven
BaU. Market
3
Paris
Berlin
4
Frankfort
4
Hamburg
Amsterdam
4
Madrid
We
St.
Petersburg..
Copenhagen
2M
3
4
4
e
Banic
Bate.
~h' ~~a
SH
4
4
4
2«
2«
Open
Market
2«
2«
2«
2H
Bank Ojwn
BaU. Market
a
4
4
3
4
2«
8H
2M
2«
8«
3
4
8J4
8
4
4
6
8
3W
4
8«
Bank
Rate.
Open
Market
3
an
1
a
a
4
4
2M
2«
8
4
8
4
4
6
3«
3!^
8«.
4
«
4
6
e
sw
SM
SH
Kt
6
:
Arm ST
1,
:
THE CHRONICLK
1885.]
A Abell
Meaan. Plxley
boUion market
121
and soon paf«e<{ away. Wheat teema to t>e fairly well
and the tendency of valuea is, If anything, rather against
buyers than in their favor. It is thought quotations can
for llotlniiil, ror wlilcli iinnrlcr iill
rtilillilnn to jtOS.iiiiO Niiiirlii from
go any lower, but on the other hand there U not sufRPTM.OiX) hardly
013,000 cient life in the market to support any appreciable advaiic«,
write aa follows on the itate of th«
transient,
held,
GoM
ooiitliiiicB In Booil il«u:an>l
nrtivnlR !» h?ir« ^^nvf hepii tiiHf'n. tn
'
T»KU«
I
rv li'llk:a
Tlio Vciir
'
our i»n'\
iT, tho con
lit
vni 111 irir
tlooof ihe r
I
wo
niloti" Hi
:
tor iirrlMi
.
I'lirii
the ValiwrniHii tcii.yno from
liroM.
Chill.
*
,
t
till tli(< Jirrl-
)
ItlOftXtop-
!tl
which luire
t.
-t
xniiui
111-
t»«i-«
r.ooo |H)r
IiKllrH
xUIO.OOO
aixl
to the
domand on Frciii'h
Mczlran Oollnrn Imvo Improved witli nn Inoroiwert
.-i..-.,.
-.
:,ii,\ »« .luotc
,i[ia hltthpr rr
llovcmmi'iii
18M.
ThcVlllo
ill
for nrrU
l>or.
whlclithol'i
(Wlayeil thii* weo^,
I'X ported.
and wo are
The quotations
PTie4at OcU.
«l,'iO,o<M», of
r to Oliliiii la
ooaai'MutMitiy miiioiL- ihkivo tho aiiiouiit
for bullion are reported as follows:
July
•.
16.
4.
Bmt Kold. flne.. oi. T7 »«
Bar void. contaJo'it.
W)dwt«. surer. ui. 77 ION
Span. dout>looD8.oa.
i
........
8^iii.doul>loon>.oi
Julu
9.
of Stiver.
d.
«.
T»
PrUt
9
77 10«
Bar<llTar.fln«..or.
Bar •llTar.oontainlug 5 ftrs. gold. .01.
Cake
allTer
oi-
Julu IS
July V
d.
d.
i»3-l6
«BX
«e »-!«
63
*I>H
Mezloandoli...oi.i *SH
Some excitement has been caused
in Ireland
by the
MW
48U-1S
failure
Munster Bank. This undertaking was established in
1864 with a capital of £1,500,000 in £10 shares, of which
£325,000 was paid up, or £3 10s. per share. For the eleven
half-years up to June, 1884, the bank had been paying dividends at the rate of 10 per cent, and previous to that even
better returns, namely, 14 per cent in 1876 and 1877, and 12 per
cent in 1878. The reserve fund stood at £200,000. The company appear to have been lending rather recklessly, and unfavorable rumors having got into circulation, there was a steady
run on the establishment, which 'compelled the directors to
suspend payment. The Bank of Ireland advanced £410,000
against good security, and when further assistance was refused the directors had no option but to close. There does not
appear to be much chance of re-starting the concern, as confidence seems to have entirely gone; but it is not expected
that the unfortunate shareholders will lose much more than
they have already lost, although possibly a call of £3 per share
may be made. An approximate statement of affairs pre"
^euted to the meeting showed liabilities on deposits and curof the
rent accounts of £3,000,000; agents' accounts, £510,000; interos*
lue, £24,0i>0;
paid-up capital, £525,000; reserve fund, £200,000,
generally construed as being favorThere are liberal
supplies on passage, but stocks held fall short of lojt year.
The American visible supply also is diminishing. It leems
that wo shall have less grain to draw upon next season than
Tlie statistical position
is
able to a maintenance of current figures.
we have had during
that
now
In spite of the vari*-<
closing.
no doubt that America will have
n crop much below that of last year, and from South Australia
comes the news that the yield is much smaller than was previously anticipated. India will apparently have an average crop,
and we shall evidently have no cause to complain of the result
tion in the estimates there
is
of the harvest in these isles; but in the aggregate the yield of
wheat will be below last season, and that should be some guarantee for the establishment of a higher range of values. But
what tells against any enhancement is the persistent quietness
of the demand. There is no speculation, and nothing but an
inquiry to supply ordinary wants, with no prospect of an
early departure from that course of conducting operations, j
Since the commencement of the season the sales of hoin«-»
grown produce have exceeded those
for the corresponding
period by about 15,500 qrs., but at a lower average of
Is. lOd.
per qr.
j
The following return shows the extent of the imports of
cereal
produce into the United
'
Kingdom during
the past
45 weeks of the season, the sales of home-grown produce,
the average prices realized, and other items, compared with
last season:
iMroKia.
1883-4.
1881-5.
.OWt. 47, 664,025 43,837,662
15,l«6,371 13,516,249
11.182,480 11,028.141
1,523.506
1,774,981
2,700,513
3.067,493
23,688,457 24,514,844
14,839,197 13,252,967
Wiieat
Barley
Oats
Peaa
Beans
ladlanoom...
Flour
1831-3.
51,309,011
1882-3.
58,149,.507
14.S.57.323
13,2'j4,19^
ll,i<78,083
9,131,035
1.902,032
2,661,729
19,751,581
14,831,193
1. '382,376
1,722, 501
20,083,103
U.>;24,614
Supplies available for consumption (exclusive of stocks
September
1)
in 45
1883-4.
1884-5.
18S1-2.
1882-3.
43,837,662 53,149,507 51,309,011
«.rt24,6l4
13.252,967 14,831,193
37,043,736 40,647,000 30.823,400
Importaof wbeat.owt.47.664.025
Iraporte of floiir
14,839.197
Bales Of home-grown. .37,266,409
9J,757,025
91,131,365 113,027,700
99,769,631
Total
on
weeks:
and acceptances and accumulated profits, £90,000. The assets
The extent of the sales of home-grown wheat, barley and
are: bills and overdrawn balances, £3,660,000; advances on
oats in the leading markets of England and Wales during the
^'overnment. and other securities, £150,000
cash on hand,
past 45 weeks of the season, together with the average
lUO.OOO, and bank premises, £100,000.
prices realized, compared with the previous season, are shown
Tenders for the Napier Harbor Board 5 per cent loan for
in the following statement:
C'-iOO.OOO amounted to £1,336,700, at prices ranging from the
minimum of £100 to £104 Via. M. Those at £104 Is. 6d. receive
l«32-83.
1881-85.
18S3-84.
about 37 per cent of their applications, and above that price
;
The average rate w;is £104 5s. 2d. per cent.
According to Kemp's Mercantile Gazette the number of
failures in England and Wales gazetted during the week
ondetl July 11 was 75, or 3 less than last year, tnaking the net
The numter of bills of sale published in
lOngland and Wales was 263, an increase of 50 over last year,
and raising the excess to date to 413. The number published
in Ireland wa-s 20, or 9 more than last year, there being a
decrease to date of 3.
increase to date 283.
At'ge
Price
Sola.
in full.
Sales.
Wbeat, qrs
2,598,094 34
Barley
Oats
2,952..544
Sate:
jif!^
If.
d.
2,582.570 33 10 2,315.0'.3I41
7
a.
,.
Av'ge
Priit
1.
d.
30 10 3.1)32,522 31 5 1,943.3 :>7 32 10
•JBl.^01,21 6
278,512 20 ti 356,973 20 4
Converting quarters of wheat into cwts., the totals for the
whole kingdom are estimated as follows:
1884-5.
OWt. 37,266,109
Wbeat
1883-4.
37,043,736
1882-3.
1881-3.
40,617,000
30,823,400
The following shows the quantities of wheat, flour and Indian
The railway companies have commenced their dividend
com
afloat to the United Kingdom:
announcements. Tiie results are in the main satisfactory,
1883.
Last year.
Lastieeek.
Atnretetit.
showing that working expenses must have been reduced. Wheat
1.455.000
2,360.000
1,491.000
nr». 2,028.000
180,000
209,000
170.000
The London & Brighton company pay at the rate of 2^^ per cent Flour.equal to qr» 18 7,000
292,000
365,000
322.000
381.000
Maize...
qrs.
against 2 per cent, the South E.istem 3 against 3}^, the Gre;it
I'-astern -''4 against J4, the Metropolitan 4 against 5 per cent.
Considerable animation has been observed in American railways on the Stock Exchange during the week. Lake Shore's
have risen as much as 8, and Xew York Central 0}^. Tlie
speculative movement, however, appears to be merely in
icsi>oiiso to the firmer prices received from New York, where
reports of a settlement of trunk-line difficulties have been the
impelling cause in the upward movement.
Although the grain trade Xiaa still been wanting in aniimtion, the tone of the market has rather improved.
The political incident which occurred in mid-week was not without
effect in steadying values, and had it been prolonged there is
no doubt we should have had some unsettlement; but as it
proved to be merely a passing spasm, the influence was simply
Enallali
Financial itlarlieta— Per Oal^Ie.
daily closing quotations for securities, &c., at London
are reported bv cable as follows for the week ending July 31
The
London.
Bat.
Hon.
Tiies.
40 >s
4g>s
.d.
485i,
99»,g
99»l«
99»is
Consols for aoooont.
99«is
Pr'oh reDles (Id Paris) fr 81-07 "a SlOi"* 81 10
115\ llSSg
of 1891
U. 8.
125 Tg 125\
a. 8. 4s of 1907
niver, peroa
Oonaoiii for money..
m«
Canadian Paoitio
45
Paul...
stook
nilnols Central
81 3,
I4>a
Cilia. Mil. Jk St.
Erin, ooiiinion
Pennaylvaoia
PMladelphiaA Beading
:i
Bew Tork Central
n
"4
80\
imuis 99'«
9911.,
81-27 1« 91-15
nsog
125%
125^
44
S0I«
(<1>9
la's
134
54
54
133H
53%
8is
U>s
9^
09 <s
lOO'Te
1100
Fri.
i
49>e
i
9913m
I
'.)9l.«,,
i
^1-17>5
ll.%»B
44\
53 >4
133<>g
49>e
49<fl
15\
133\
ll's
Thun
Wtd.
1
15:19
|1254l
43%
I
133H
9%
1
101
I
09%
:
.
.
THE CHRONICLK
122
i^ommtvciixl
aM W^isctllmicaxxs ^tvos
National Banks.— The following national banks have lately
been organized:
ol Lancaster. Pa. Capital. $200,-,
President John C. Carter, Cashier.
3.868-Thc Norfoll£ National Bank, Norfolk, Va. Capital, $100,000.
C. G. Kamsay. Prcsiileut C. Hardy, Acting Caiihier.
3,869—Tbe Lincoln National Bank, Lincoln, III. Capital, $60,000.
Stephen A. Foley, President George I. Harry, C*«hier.
3,370—The First National Bank of West Point, Neb. Capital. $o0,000John C. Slujpsou, President William A. Black, Cashier.
Imports and Exports for the Week. The imports of last
3,367— Tbe Northern National Bank
J. Freil'k Sencr,
000.
;
;
;
:
—
week, compared with those of the preceding week, show an
general merchandise,
iiicrease in both dry goods and
The total imports were $8,272,033, against |7,348,854 the preceding week and 17,594,6.59 two weeks previous. The exports
for the week ended July 28 amounted to |5,352,371, against
The
$.0,123,.533 last week and |6, 641, 619 two weeks previous.
following are the imports at New York for the week ending
(for dry goods) July 23 and for the week ending (for general
merchandise) July 24 also totals since the beginning of the
first week in January:
;
FOKBiaN IHPOBTS AT
A>r Week.
NBW
TOKK.
[Vol. XLT.
Noah Davis an order staying the sale pending the determination of the appeal. As soon as the stay was served on Messrs.
Turner, Lee & McOlure, attorneys for the Farmers' Loan <fc
Trust Company, they procured from Judge Davis an order
amending the one granting the stay so as to permit them to
move before him for the correction of the errors referred to
by Judge Donohue. All the lawyers appeared before Judge
Davis on Thursday, and after argument he said that in liis
opinion only one substantial error had been committed in the
foreclosure proceedings. This error lay in the failure to have
the validity of the receivers' certificates which Mr. Powers
contests inquired into. After much controversy between the
lawyers an order was prepared providing, first, for the amendment of the decree; secondly, that if at the sale of the mortgaged property any of the receivers' certificates should be
turned ui for its purchase, the rights of Mr, Powers should be
protected by the deposit with the Farmers' Loan
Trust
Company either of $100,000 of the first mortgage bonds of the
United Lines Telegraph Company, the prospective successor
of the Bankers'
Merchants', or of a bond, to be approved by
the court, in double that portion of the purchase price to
which Mr. Powers, as the holder of 340 bonds, would be entitled to in case none of the certificates were used; thirdly, that
the stay of sale should be vacated; fourthly, that if tlie mort-
—
—
&
&
1882.
1883.
1884.
1885.
$3,345,578
7,392,900
$1,939,901
3,190,959
$2,108,675
5,099,351
$2,361,254
5,910,768
Dry Goods
gaged property should be bought in by some person not connected with the reorganization scheme and the United Lines
Telegraph Company, the protective deposit should be in cash;
aud finally, that if the Reorganization Committee should be
$8,272,022 the purchaser. Powers should for sixty days
»10,73«,478
$5,430,860
$7,208,026
have the right to
become a party to the reorganization scheme on withdrawing
$77,77.'},969 $72,2P4,809 $07,517,478 $55,577,953
G«ia'l mer'dise.
216,364,847
194,296,774
186,776,577
161,948,901
Dry Goods
,
Gen'lmer'dise.
Total
Since Jan.
1.
Total 30 weeks. *29i.l40.816'$26().58l,583 $254,324,055 $217,526,854
In our report of the dry goods trade will be found the imports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending July 28, 1885, and from January 1 to date:
BXPOSTB FROH MEW TOKS FOB Tau WBESSL
1882.
For the week...
Prov. reported.
$6,040,960
196,550,193
$6,909,443
180,934,835
1885.
*6.18(i.l56
$5, '352,371
172,971,558
185,058.878
Total 30 weeks. $187,844,278 $202,591, 153!$179.157,714 $190,311,249
The following table shows the exports and imports of specie
«t the port of New York for the week ending July 35, and
since January 1, 1885, and for the corresponding periods in
1884 and 1883:
BXFOBT8
kST>
IMPOSTS OP SPBOtE AT
HEW
Bxporlt.
TOBK.
Week.
Since Jan, 1.
Week.
9,562
63.001
5,529,412
Germany
West Indies
Mexico
America
EkjQtb
All other oountrlea
Total 1885.
Total 1884.
Total 1883.
$1,000
65,700
$6,301,26:1
37,834,699
257,708
«1,217
1,509,684
3,130,435
747.291
26,944
38,663
2,158
21,712
195.072
225,210
1,000
aineeJan.l.
$1,217
96,b93
$279,000
320,03*
63,267
$160,448
307,067
178,955
$5,799,873
7,287,929
5,098, aOO
Silver.
Great Britain
France
$308,400
13,i05
German/
1,200
$3,684,378
386,668
92,610
212,021
892
23,500
8,235
589,624
$346,755
3«2,021
177,675
J9,973,536
7,S04,332
7,831,873
$62,051
123,656
52,051
4.50
WestlnilleB
Hexloo
Bouth America
All other countries.
Total 1885...
Total 1884...
Total 1883...
Committee, but Mr. Stokes interrupted him with " I buy it
personally just now. It may go to the Reorganization Com:
mittee later."
The property sold as set forth in the schedules includes all
the corporate rights, privileges and franchises of the B mkers*
Merchants' Company in the States of New York, New Jersey, Pennsylvania and Maryland, and all its property of every
description. This embraces also the following:
5,463 shares capital stock Washington Iniprnvenicnt Co.
15,098 shares capital stock American Rapid Telegrajih Co.
$27,839
76
34,333
26,826
&
26,6o7 shares capital
.slock .Snutliern Teli-t;raph Co.
1.501 shares capital stock Pacillc Mutual Telegraph Co.
3,010 shares capital stock Cleveland District lelegraph Co.
3,872 shares capital stock Lehitrli Telegraph Co.
395 shares capital stock Board of Trade TfleCTaph Co,
550 shares capital stock Charlestown & Morris Island Cable Co.
5,396 shares capital stock B. & M. District TelcRraph Co. ol Balttmora
cit.v.
Importt.
Sold.
Great Britain
France
New
—
1884.
1883.
his objections to the foreclosure proceedings.
Under this decision and order the sale of the mortgaged
property took place on Friday, July 31, at the Real Estate
Exchange in
York. Mr. Edward S. Stokes bought the
property for .$500,000. It was announced by the auctioneer
that the purchase was made in behalf of the Reorganization
310,034
235,807
496,414
7,458
$1,077.6H
2.2.:i3.0i9
2,462.ai6
200 shares capital stock 8. <fe M. Telegraph Co. of New Jersey.
1,000 shares capital stock B. & M, Telegraph Co. of Pennsylvania.
200 shares capital stock B. & M. Telegraph Co, of Baltimore City,
200 shares capital stock B. & M, T<^les;raph Ci>, of Massai'.husBtts.
200 shares capital stock B. & M, Telegraph Co. of Connecticut.
200 shares capital stock B. & M. Telexfaph Co. of Ohio.
200 shares capital stock B. & M. Teleuraph Co. of Indiana.
200 shares capital stock B. & M. Telegraph Co. of lllinoiH.
200 shares capital stock B. tfe M. Telegraph Co, of Michigan.
200 shares capital stock B. ,& M, Telegraph Co, of Tennessee.
The following securities claimed to belong to the company
in possession of Receiver John G. Farns worth:
One hundred and fourteen bonds of the American Rapid Telegraph
Company, each of par value of $l,0(i0.
A certiticati: for 2,000 shares of capital stock of U. 8, Telephone Manafacturing Company.
Certittcates for seven shares of .American Rapid Telegraph Company.
Certillcates tor eight shares of Lehigh Telegraph Company.
Certillcates for 4,700 sh.'in-s of Oonimerciai Telegraph Company.
Note of thti American Rapid Telegraph Company, due February let,
now
1381, for $.'5,000.
Six other notes of the same company, duo September £th, 1884,
aggregating i)!220,000.
Note of the Southern Telegraph Company, due January 1st, 1883, for
$65.00 >.
Promissory note made by O. \Y. Randall, Treasurer, to the order ol
the International, etc, C.)mpany, for$2.i,000, dated .March 2 i, 1881.
Of the above imports for the week in 1885, |31,C17 were
Richmond ,t Alleghany Rnilroad Company.—The ComAmerican gold coin and |19,313 American silver coin. Of the mittee of Reorganization appointed under tlie amended agreeexportsduring the same time, $1,000 were American gold coin ment d.ated 15th January, 1885, now fix .Saturday,
August 39,
aUd $35,1.50 American silver coin.
1885, as the limit oC time witliin which bondholders and
United Stiites Sub-Treasury.—The foUowing table shows stockholders may share in the benefits of the purchase and
reorganization under said amended agreement.
the receipts and payments at the Sub-Treasury in this city
as well as the balances in the same, for each day of the
"Elements of R.vilroadino'" is the title of a small work
past
'^
week
which discusses tlie practical operation of the railroad. The
Receipts,
Ooiti.
Jidyas.
27.
38
29.
30.
81.
Totid.
036,O5l 68
1,136,874 S4
1,111,131 11
jr46,29t 79 158,876,806
/96,529 48i 1,50, 180,3 19
911,043 28 160.419.512
711,7.14 07 160.661.040
1,.'<87,635 68 161,130,1,02
766,027 29 161.114,858
9,210.919 55
5.322,704 69
l.l3.-,642 89
1,194.4 28 75
2,8W,790 58
Bankers'
Currency.
97 22,598,973 42
22 22.e:i5,806 23
08 22 418 /iia 98
99|22,65!1 878 75
24!23,6<)'<.i)J'_' 4()
88:21,059,310 58
& Merchants' Tolegrapli.— A week ago Judge
Uonolme refused
to make an order permitting Millard
Pow
era as the holder of 340 bonds of the Bankers'
Mercliaats'
lelegraph Gomp.my, to intervene in the suit of the
Fanner,i'
L,qan
Trust Company for the foreclosure of the •«10
ODO 000
&
&
H
mortgage. On Wednesilay Joseph S. Auerbach, as
cou'nsel for
Mr. Powers, who had
the meantime appealed from the
decision of Judge Donohue, obtained
fronT^residing Judge
m
New York
the
Payment!.
Mr. Charles Paine,
is the General Superintendent of
Pennsylvania & Ohio Railroad, and was formerly in the same position with the Lake Shore & Michig.an
Southern Railway. Mr. Paine's long experience gives weight
to what he has wri(,ten, and we doubt not that his book will
writer,.
Balatice^.
Dale.
find many readers in the railroad world.
It is published by
the Railroad Gazette, the articles having already appeared in
that journal.
Attention is called to the notice of interest and dividend
payments to be made on Aug. 1 at the banking house of
Messrs. Winslow, Lanier & Co.
—
—The
National
Bank of
of 3 per cent, payable
the Republic has declared a dividend
Aug.
10.
—
Anction Sales. The following were sold at auction lately
by Messrs Adrian H. Muller & Son:
s/iaret.
-
,
:
I
BO Pheriit Nat.
Bank...... .1.100
8 Cltlxeus' Ins. Co.... .....I2>i.i
105 N.Y. Bowery Fire tns.Co,128
I
|
Boiul.
$10,000. Jerspv City 78 Imp.
Bond^, dae 1891
lOdJkiut.
.
'
I^ArousT
:
THE (3HR0NICLB.
1, 1886.J
SHe
To-day the rates on actual binrfneas were a* followi. vis;
Bankers' 60 days' sterling, 4 84{®4 85; demand, 4 86}®4 87.
Cables, 4 87 J ©4 87 J. Commcrclai bills were 4 83@4 83J. ConFrancs, 5 30S@5 glj and fl 17i®5 18i;
tinental bills were
reichmarks, 04)®04{ and 95i®95^; guilders, 40i®40 3-16 and
IPauhcrs' ^Kzzttt,
OIVIDBNDS.
Ttaa following dlvldoadii
:
have reoootly hoen nnnounoed
Kame of Company.
Ptr
When
etnt.
PayabU.
»3
123
40 5-16040 7-16.
The following wero the rates of domestic exchange on New
'
Tork at the under-mentioned cities to-day: Havannnb,
par, selling i&i premium; Charlcxton, buying
|>
10(6jl6
premium; i>ew
selling 3-10@J premium; Boston,
IB Orleans, comuu^rcial, 125 |)remium; bank, 2000250 premium;
St. Loms, 75 premium; Cliicago, 25 premium
The posted rates of leading bankers are as follows
Soola Oioirii.
(Day* inehitire.)
-
Clilo.
*
Kallronda.
Mti
n
lit
f.
CU'\
,v
;
com.
(<iuar.)
(iiiiar.)....
V'
1>«,\
Dill
K.
Ml.,
prof
(quar.)
I^miIkiiiiiu )i Mii.Ktr. prof.
(Viiiriil
N. V. l*riiv. >t Jiiw. (Htou.) (luar...
KorUi
<
t-i
ii.v
I..,'.
111.-., iiitif.
1
Maliio
Cut'oiii'it
1^
Sopr.
Sept.
3
Xait.
2
Auk.
l>a
Au(f.
3^
3
AUR.
Auk.
2
Miff.
8
Bopt.
n
3
AUff.
Aug.
6
Aug.
1
An;.
1
August 11 t*
- Aug.
-
i^
6 to AiiK.
is
1
1
:
1A
10 Aug,
10
1
to AUK- 11
Demand,
July 31.
Baiika.
Oom ExclmiiKc
Matlonul
Kiiiik «f t\w
Kupnbllo. .
Tuly 26 to July 3T
lOjAiig, 1 to Aiih-. 9
lutturaiifc.
Broadway
1
Prime bankera'stnrllng bills on London,.
Prime coin ui« ml a
Dooomentaryoommorolal
Paris (frail OB)
iniKccllaneoiia.
Anntenliiiii (guUdors)
Unltt'd ^tati•8 KxprtvsH Cn. (qliar.)
ISlAug. 6 to Aiif. 16
NKW VOKK, KHIUAY, JULY
The Monej Market and FInaucial
31.
IN89-3
Situation.
P.
—All
M.
other
events in Wall Street have boon overshadowed by the definite
Frankfort or Bremen (relohmarka)
United States Bonds.— Government Ijonds have been
exceedingly dull all the week and prices remain about steady.
The closing prices at the N. Y. Board have t)een as follows:
annoanceniciit, through the circular of Messrs. Drexel, Jlorg.an
& Co.,
of
of the
West Shore-Central
we have
188-t
alliance.
repeatedly spoken of the attit\ide of Mr. \'an-
mination to crush out the opposition of the West Shore road
and his knowledge that all the trunk line securities would
heavily decline before that battle was over. It has also been
remarked that the best single event which could happen to
raise the stock market out of its depression would be a per-
manent adjustment of the West Shore
trotible.
That event
has now practically taken place, for it is not to be suoposed
that the prominent firm that has openly announced their plan
of operations would thus have placed themselves before the
public unless they had good assimince of controlling more than
of the West Shore bonds.
This is the first great negotiation leading to a combination of
rMlroads which ha.s followed the crisis of 1884; although on a
smaller scale, the Ohio Central and Columbus Hocking Valley &
Toledo comliinatiou was one of the same sort, and led to the
combination of lines tliat had previously been in opposition.
It is manifest that the tendency will be the same now as after
the crisis of 1873, and the smaller roads will be absorbed into
the great "systems,'" and capital will tend toward an agglomeration in m!»s.se», under the control of a few executive heads.
The new volume of Poor's Kailroad Manual, ready in a few
days, will show the total mileage of railroads in the United
States at the close of 1884 as 125,379 miles, an increase of
8,977 during that year. The stock and debt accounts were
received for 125,153 miles, aggregating $3,763,610,680 stock,
t3,66'.>,113,772 funded debt, and $244,666,590 of other forms
of debt, making a grand total of stock and debt of $7,670,399,054, an increase for 1884 of #108,533,273.
The nominal
cost per mile on this basis of all railroads makiuo' returns
a majority
•was 161.400.
Rates for call loans during the
Inttretl
Since the suimner
dcrbilt toward the stock market, in consequence of his deter-
week on stock and bond
col-
have ranged at 1@2 jjer cent and to-day at l@li
per cent. Prime commercial paper is quoted at 2|@4i per
hiterals
cent.
The Bank
of England weekly statement on Thursday showed
specie of i'205,962, and the percentage of resei-ve to
liabilities was 44}, against 44 15-16 last week; the discount rate
remains at 2 per cent. The Bank of France gained 4,696,000
francs in gold and 3,762,000 francs in.silver.
The New York Clearing House banks, in their statement of
July 25, showed a decrease in suqilus reserve of 1230,300,
the total surplus being 164,343,175, against |C4,573,475 the
a
4 87'a
I
loss in
previous week.
ma, 1891
July
July
July
July
25.
27.
28.
20.
•112% •112% •112%
4>«s,lS91
.ooup.Q.-Mar. •112% •1)2% •112%
48.1907..
..reg.C.-Jan. 122-11 "122% •122%
ooiip. C .-Jan. •122% •122% 122%
4s, 1907..
3a, option U.S. ...reg. C .-Feb. 1033b •10314 •IO314
..
reg. Q.-Mar.
.
.
e^.our'oy,
6«, our'oy,
6«, onr'oy,
6?, onr'oy.
6«,our'ey.
'95. ...reg. .1.
'9«. ...reg.jJ.
'97. ...reg.iJ.
'98. ...reg. J.
'99. . .reg.'j.
&
&
*
&
A
J.
J.
J.
J.
J.
July
30
\
1
July
31.
•112% -ii2%»n2%
-112% •112% -112%.
-122% 'I2z% •12258
•122% 122% 122Bi
•IO314 103% -102%
•I27l,*l27l4
•127)4 127 •127
•127
•12!)% •120% 129% •129% •120%^129%
•131% •131% •13:% '131% •13131 •i:^i%
'133% •133% •13S% •133% *is:i%!^i3:)%
-135% -135% •135% •135% •135%l'135%
This is the prtoo bid at the morning board no tale was made.
State and Railroad Bonds. ^The dealings in State bonds
have been moderately active, as foUow.s: ?!83,000 ALibama,
Class A, at 91i-92J;$3,000 Missouri 6s, 1887, at 104^^; $34,000
Tennessee compromise bonds, at 54^-f $3,000 do. 6s, new, at
47i; $7,000 do. 6s, old, at 47i; $5,000 North Carolina 69,
1919, at 112; $25,000 Virginia 6s deferred at 0.
In the railroad bond market Erie 2ds have been the leading
feature, advancing sharply on large transactions, the increasci
demand being attributed to the ])rospect of interest being
earned, if rates are restored as a result of the settlement of trunkiine troubles. They close at 02}, against 60 last Friday.
West
Shore 5s were further advanced on the announcement of New
York Central's ])roposition to gain control, but have since reacted somewhat, and close at 43|, against 43} last Friday.
The general m-arket for bonds has been moderately active, and
prices are generally stronger.
Canada Southern Ists close at
100, against 99i last week; do. 3ds at 78|, again.st 74J; East
Tennessee 5s at 53, against 51 J; do. incomes at 14}, against
llio Grande Ists at 111}, against 110}; do. con13J; Denver
sols at 63}, against 03}; Atkntic ife Pacificist at 73, against
71}; do. incomes at 15|, against 151; Northern Pacific Ists,
coupon, at 104}, against 103^|; Kansas Pacific 1st consol. at 99
against 98| St. Louis Kansas City
Northern real estate bonds
at 100, against 90.
*
—
:
;
&
&
;
—
Raiiroad and Miscellaneons Stocks. The stock market
continues active, though the dealings the past week have been
somewhat irregular, some stocks having improved, while others
have declined or remained only steady.
There has been little or no change in the general condition
of affairs; trunk-line negotiations continue, and in several instances rates have been already advanced, and there would
seem to be a fair prospect of profitable business in the future,
unless some fresh complications should arise to defeat this
prospect.
The principal
weak
week were among the
Union Pacific and Jlissouri
Pacific being (]uite marked, and having some influence on the
whole market. On the other hand. Western Union has been
strong, on the rumors that Sir. Gould would effect some sort of
Gould
spots early in the
specialties, the depression in
a combination with the Baltimore & Ohio Telegraph Co., thus
getting rid of the competition of that company.
The Vanderbilts and grangers have shown a fair degree of
averages of the ISew York Clearing House banks.
strength, though the proposition of New York Central to lease
West Shore and guarantee interest on a new issue of bonds
IBB.i.
l>ttrer'7teet/r'm\
1884.
1883.
July 'it).
J^evioHt Week.'
July 28.
had vei-y little effect, as it was generally anticipated.
July 2S.
The
Loann and (lU. *30t<. 11 3.200 no. $4.'jS,.%00 $289,7.'>S.200 $327,250.3011 grangers were somewhat unfavorably affected by rejwrts of
Bpocle
U.S. /:<>, 100 Oeo.
BIV.WK)
74,7St2,70C'
e J, 130.01 iO injury to sjiring wheat and also the report that Chic. BurlingCin!iiliiti«in...
O.TOi.viOo Oee.
a6.70o
14.302.7i-0
l.'>.37-i.i:o
ton
Quincy contemplated the building of an extension to St.
NetrteiMi-its.. 38.:>,t)ii.'>.70u IJcft. 2,Sl7,li00 3n.5„'v7 7,500 323,.i75,'.'liii
Paul.
But this report favorably affected Manitoba, which wa»
LeKal umitcra.
Uei:
321.000
32,22ii,«(Ki
27,10.!, TOO
Ii«^'al rcsorvf
»9026«,42,'. Dec. $701,400 «70,3;»4.37.'. SS0.893.i»75 sharply advanced.
Beacrve lield. ItU.UuU.UOC' l>i;o.
U34,70O 107,022,500
Bull jioints were plenty in regard to .Tersey Central and
90,233,700
Erie, and both these stocks have been strong; it is reported
Sorplns
#«1.313,I7.'. IXw. $330,300 »30,6?8.12F
*0.33<>.72r»
that the first mortgage bondholders of Jersey Central will
Excliau^e.— Sterling exchange has not been active, and was foreclose if default is made on the August coupon, and as to
quite weak in the early dealings, owing to the absence of Erie a
combination with Nickel-l^late for through business i»
demand posted rates were! reduced Jc. on Mondav, but on rumored.
Wedneiilay sight drafts became strong, in consequence of
To-day, Friday, the tone was a litMe irreffular, but stocTts
a limited supply, and the rate for that class was advanced
ic, were generally steady in the afternoon, closing near the best
thus widening the difference between the two classes.
prices of the day.
The following table shows the changes from the previems
week and a comparison with the two preceding years in the
I
J
;
&
—
1
.....
-
THE CHKONICLE.
124
[Vol. XLI,
NEW YORK STOCK EXCHANGE PRICES FOR WEEK ENDING JULY
31,
HIGHEST AND LOWEST PRICES.
STOCKS.
July
Tuesday,
July 2S.
Monday.
Saturday,
July 27.
25.
Wednesday,
I
Julv 29.
AND SINCE
Sales of Range Since Jan.
the Week
Thursday,
July 30.
Fridav,
(Shares),
K.lpiil«& No..
BttrUuKton
CaimiUau Pacllic
Caiuula Southern
CeAiiT fails it Minnesota
ClHl.
Chesapeake
& Ohio
•63
H<^
441.J
43>3 44
33
331a
11
31
••i
9=4
Central Iowa
Central o( Xew Jersey
Central Pacitlc
43ai
45
33 >4
331-j
51*
-
hi
34
42 'a 44 14
32 '4 32^4
•421a 431a
3434 3434
42^4
Slia
-10
11
11
44I4
323,
•6
514
42 a
35
12
451a 47
3334 3334
46%!
33i4|
534
5 la
534
42
4;
3534
lis,
4534
83 14
•6%)
4234
36
121a
4634
33%)
6%)
Ills
11
6I4
7
7
Ca
Oh
Shi
aapref
Do
136
136
ISSLjlSSia
13S
13S
..Chi<»go& Alton
129%) 12934 129%! 130
12919130
Chicago Burlington & Qulncy. 12834 131%! 1291^12^4
77I4 TDVi
7734 7914I 78=8 79%
773j 79^
Chicago Milwaukee i St. Paul 7Dia S0>4
110%illl%) 110%) 112
'110
112
pre*. lll'-ill2
Do
97^8 99%)
9734 99
97=8 99 '4
9)<-4 99 "n "9flJ"99^
Chicago A Northwestern ......
132%) 132%)
132
1301-j 130^4 131
pro'- 130 1.J 130 ><i
Do
118
118%)
118
118
118
118
iis
US'!!
IIS^J
Chicago Hook Island & Pacitlc
10
10
9%!
•9
9
101.2
9
S'i
Chicago i^t. Louis & Pittsburg. -21
24
•21
•IS
24
"2"7"%"2"7%
P™'Do
2534
26%)
26
28
26
20
25
Oni
231a
Chicago St. Paul Minn. &
82 'a 82%.
81%) 8234
83 'i 80 13 81
81 "a 811a
82
prei.
1 )o
33713 37%!
37'-j 37 Hi
37
3li>a 37 "2
36
38
Cleveland Col.Cln. & Indianap.
guar.
Cleveland & Plttsburp.
Columliia -t (ireuuville, prof...
98 lOC-j 100 101 a 100%! 102%! 101=4 103%)
Delaware Lackawanna <fe West. 99 100
834
8%)
7'4
7=8
8% S'f
734
»
Denver vt Klo tiraudo
62
62%)
63
63
Dubaqne & Sioux City
4I4
4 -Is
4%)
4%
4-4
3'8
4^
.....
4
3\
4's
Ga
&
Va.
Tennessee
East
•718
7
7"4
7%)
714
6^8
6
7
T-s
7
Pref.
Do
•43
51
61
Kvausville & TeiTe Haute
6%)
6%)
5>-j
434
5%!
6
»4'a
Green Bay Winona & St. Paul.
"-Harlem
-20
•20
28
28
Houston A Texas Central
130 1303,
ISOU
130 "a 130 "a 130 130
Illluols Central ...... ......... 130
•S9
leased line 4 p. ct.
Do
12
12
11
11%)
10'4 IOI4
10>4 lOH
Indiana Bloomingfn & West'n
-4
•3
•4
5
5
Lake Erie Ji Western
70'8 71%
67 14 OS's
6838 6934
68=9 7038
6ij'e H'Jh
Lake Shore
74
74 I4
7434 743^
74
74
Long Island
40'
3ti'8 40
39
40 "a 391a 40»8 39 '8 4038 40
Louisville & Nashville
•23
25
25
Louisville New Albany & Chic. •23
"97'"
95I4 98
97
97
97
Manhattan Elevated, coiisol..
13
13
li^'i 131a
Manhattan Beach Co
•33 -a 34
34
34
33
33 la 34" "34
Memphis & Charleston
'125
123
123 ....
125
Metropolitan Elevated
"65'
-63
6314 61
61
62
621a 63
Michigan Central
Mil. L. Shore iS; West'rn, pref..
•13
-Ilia 151a
15
13%)
15
15%i 16
Minneapolis «fe St. Louis
•31
31%) 321a
31
31
31
31
pret..
Do
20
20\ 20 le 20=8 2OI4 211a 2034 2114 21% 22
Missonri KansasA Texas
91=4 93'8
923j
94 Is 93
91
83
93
91'a 94
Missouri Pacllic
-9i« 10
•8 la 10
9
*i^4 10
9
Mobile & Ohio
124 12
'1231a 126
Morris ife Esses
-40
•41
41
41
42%)
43
Nashv.cbattanooga * st.Lonls
96 '8 98%) 97% 9834
New York Central & Hudson.. i1ii\ 97 14 98i» 98'4 9714 99
3'8
3",
3=8
3% 7'
3^
3%
S^s
31a
New York Chic. &. St. Louis...
"6
634
6'(
prel.
0%
6\ 6^4 "634
Do
*90
92'.^
91
91
Western
Lack.
&
York
New
"13
"13
'u
New York Lake Erie & West'n is'-l'is-s "1314 "14 Is 14 ^6 1334 I5I8 15=i
31
30
31
pref.
30
30
30
110
"21" "21
•20
20%)
20 "a 20 >a
New Y'ork & New England
•10
10
10
Istpref
jio
10=4
11
6'a
11
IO34I
'
m^a
.
.
.
—
New Yolk New Haven & Hart,
New York Ontario & Western.
New York Susq. & Western
pref.
Do
Norfolk & Western, pref
. .
Northern Pacitlc
Do
pref
lOij
*2ia
'Ih
10
21
45>4
3
IT'S
Mis.sissippi
Do
•278
•7
8%
20
21
46
19%!
2018
44»4
18=8
a
18%
Ohio Central
Ohlo&
124
88
87
Susquehanna. ....
>&
Boston* N.Y. Air-Une.prel..
191a
20%)
45
11
11%1
3'4
•2%
22
21
44 '8 46%'
20
21
203,
20»8
20"a
46
45
h
181a
18»8
2=41
11
111^
3%)
'S
%:
"a
19
19
ij
22
21
19>»
4213
33
12
48
3318
3313
'314
•10=4
-614
11 14
7
6I4
12S-'8l29%i
7734 79 14
112%i 11218
•9 "4
•39
9714
125 '4
42 %i
98
3^8
714
3's
7'4
125
92 la
13
15%
30 %i 30%!
92%!
1034
314
Plttabnrg Ft.
Do
Wayne &
Chic.
10
16 hi
12^4
1534
17
13
IS
16\
16\
12
16
1234
163
lO^,
I2ia
17
322,756
16=4
17=4
17=4
18%
13
13
IS
13
18i«
13
1318
155
35,203
17>.i
I918
9%
410
17%
12%
18=4
12'l
17%,
19
1'4
57
•23
3
Terre Haute
Bt. Louii Alton
Bt. Louis dt San Francisco
prof.. ..
Do
Do
1st pref.
8t. PanlA Dalttth
•22
•1813
A
Do
Bt.
"a
32
85%!
3I4
«&
Wabash
st.
Louis
A Paclflo.
1 '«
. .
pret,
Amerlcin
American
Dlst. Tel
Tel.
cable
A
A Iron
Co
.%
Oolora<lo
(.'oal
Delaware A Hudson Canal
Oregon iinproveraeutco
Oregon Railway A Nav. Co...
Pacific .Mail
Pullman Palace Car Co
Quicksilver .Mining Co
Do
pref...
Western Union Telegraph....
Adams
E.KPaE8s«.
American
,
TTnlted states
Wells, Fart'o A
4%!
'8>a
•II4
Consolidated (ias Co
Co
INAllTIVK STOCKS.
24%
314
3'4
24
3'4
23%)
82%! 82>a
'8
im
-93
ih
10
102
8 "a
13 la
45
ihi
10
17%!
...
80 78
2J
25
75
75
4634 48
80%!
23%)
82%)
Hj
1%.
lU
00
61
21%) 21
3I4
26
20
31
31
-81%)
20
8-J
21%
314
•23%)
*18i4
32%)
81%)
61
28
31.
24
1913
32%!
81%!
IS
18
86
84% 85
107 %. 10114106
1334
14
4714
5
46
48
10
11
11
3%
61%)
*1
'8
It's
IIS)
1114
94
94
8014
SOI4
35 '8
25 '8
75''8
75'8
93 13
81 14
25
75
48
12013121
4634
47=4
121
*3
5
•3
•20
64
24
60
•20
140
•95
*S2
110
97
64
63 Si 85
64
'96" "90"
140
9S
•S2
115
110
Atchison Topeka A Santa Fe.
Ohlcago A Alt<m. pref
Danbnrv A Norwalk
Fort Wortli A Denver City ...
Keokuk A Des Moines
ig
53,
627p
2
12
93%)
81 1<
23
75I4
48ig
121
5
24
65%
95
63
116
I418
46%
5%
10=4
62
la
14%
4S34
5%)
1034
14% 14%
48% 4934
5% 5%)
10%)
10%!
64.492
3.010
5,300
9
I414
47%)
3%)
10%)
14%
48%
6%)
1034
6213
81
8234
83 3j
82%!
83 '4
4,240
26
83 1<
26
75
47%
76
48
78
4714
2.785
9.723
1,170
•3
5
23
GG'^
110
95
96
52 %1 34
111 115
•3
67
63 =
67%
140
96
96
96
64
53
54
lll>4lll'4 '111
'140
98
61
115
.Do
Iiomaiana
U
50
14
14
pref.
A
Missouri Biver.
Mew York Rlevated
Virginia Midland
warren
,
,
ro,al
Oonsolhlanoti Coal
HoMu'st.ik*.. .Mining
120
'„
Co
Wan-l.l :ll'nal
New Central Coal
Ontario Silver Mining...!!!"
• Tli68e are
Jufy
3]
77%
the price, bid and asked; no gale was
14
4I4
41.
2
1
Apr. 30
10
51
81%!'124
1149%)
10014112634
I3I4
6
16%! 35
1
38%
21%!
SO 34 100
28
69%
123% 141
33
33
133%
86=4
6% 25%
82
3
8%
62
14%
4=4
30
61
185
20
110
70
200
8%
3%
51
140
86
20%
9
1934
104=4
67,
59%
78%
22% 61%
62
35
10
64% 79
24
40
105
10
23
85
94%
51 »4
31
4434
7%' 18%
17
i
36%
9%l 23
63%il00%
184
7
1=4
16=4
6
4%
18
42
17
14
27
45
90
5
§'*
1134
7
17!>4
24
6% 34%
107%Julv30
Julv 24
14% Julv23
65% Julv 18
6=4
Julv
28,
7
14
Jan. 12
Mar. 28
25
63
June
2%
82
12
I'i
S
61
32
16%
24
60
11% 29
24% 60
96%
70
32%
15
90
85
76% 99
14
18
9
11
6% 22%
28
4
9
84%
19=4
32
6
49
61%
1
1
l'2734
8
7
Julv 22
Jan. 8
Jnnc29
4
Jan. 3 1334 Feb. 24
80 Mar. 21 99% Mav 28
66% Jan. 22 86% Apr. 15
Feb. 20
21 J.an. 3 34
5934 Jan. 29 78
Julv 31
46=4 Mar. 21 62% Mar. 9
107% Jan. 2 123% Julv22
3% July 11 4=4 Mar. 30
22=4 July 10 30 Jan. 3r)
53% J.W. 2 68%Jnly30
Jan. 27
130 Jan.
100 87 % Jan.
315 48 Jan.
20 ,104% Jan.
141
53
115
Jan. 29
Jan. S
Julv 28
Fell. 25
July 23
22% Mar. 4
122 Jan. 22
15 Jan. 10
116 Jan. 19
5% July 24
19 Feb. 9
10 Jan. 301
7 % Aor. 6
147
60
400 14
100
2%
30
% May 27
Feb.
67
7
17%
11*
8=4 66%
6034 112
31
90
3=4
67%
117
6%
V.()
;u
49
78%
July 10' 125
4 87
Apr. 7 45
Juue26, 98
97% May
I
17
at the Board.
July 23
Mar. 19
Apr. 27
18=4 Julv 31
15% Feb. 27
21
Feb. 23]
»\ 21
Apr. 30 39=4 Jan. 8
May 12 87% Jan. 10
Julv 31 21 Feb. 27
Fob. 7, 85 Jillv30,
6% May
4
made
95% 119
117
2
72
7934 Jan. 2
Jmieli>
7
9 % Apr. 8
41 Mar. 21
189,340
2,355
14
16
28
9%)
eig
37% 67%
4%
1
JulvSO' 14% 25%
134 Jan.
I934
4|
9;
88% Julv 22
,
67=4
6
.
21
6834
30
13
Mnv29l 21 Jnlv23 16% 60%
119% Feb. 17 135% Julio 4 119% 136
120 Mar. 9 129% Apr. 20:
136% Jan. 29 143=4 May 21 138 146%
390
•20
22% Julv31
48%July31
29|
10=4 .\pr. 8
734 Jiiue 9
311
121
3;
8
Feb. 20
25=4 Feb. 26|
7%June24| 12
231,090
2,710
1,700
200
,
Cameron
%June
10% May
11.42.)
3,'nr,
•)8
6514
27I
Jan. 17
36%Jan.
1,313
13,110
2i<
'120%) 122
12
16
90
2 173
17%M.av
123,
48%!
121%)
6
July
Jtay
12% Jan. 6
3%July31
30
79
IS
'114
1134
76%.
48%!
120%! 120%!
2 190
310
157
607
1214
75
48
Jan.
14
13
6-80
2I4
67%
8
11
37%)
17
2 1.39%) June 8, 118
140%
127=4
2 131%!July25 107
8 83 14 Julv 24
68 >4 94%
100
12
•II4
Jnlv23
Feb, 23
634 Feb. 10,
12 14 Feb. 26
8 Jan. 15
'22
Juno
12
1
May 22, 2% Jan. 17
44% Jan. 19! Bt Julv31i
18% -May 29 28 July 31
2% Mar. Ill 4 Mar. 8
16 Juiie23| 19 Feb. '20
15 May 1 23 Feb. 26
12%!
9314
1%)
Jan. 3!
7
7
4% Jan.
1,623
6.450
1,230
12
93
1%)
49
36
134Juue 2
200
83,
14
Mar.25
12%) Julv 30
14% Mar. 21
200
61
_
3^
-23%)
•18
S3
83%; 83 %i
83
83
102%! 103 105
104%) 107 14 106
31 %i
2
11%
3I4
20
33
3313
81 "a 81
20
01
Merchants' Tel
Bankers'
00
2114
3313
13=3 14
46 »8 50
MI>«CKI,I,\NEOUS.
69
24
•21
8513
Manitoba. 101 Si 102
I'acltlo
Union Pwilic
5713
24
I9I4
33
l'<
5713
S't
23
C.irolina
Texa8£
3't
pref
Paul .Hinneap.
South
57
24 <a
1...
& West Pnt Terminal
Bochesttr A Pittsburg
Borne Watertown A Ogdensb'g
Bichm'd
31
26%)
3
7
71
special.
ctfs.
13% Mar.
634 Apr. Ill
820
100
Rensselaer* Saratoga
Klch. tt AUeg.. stock trust
Eiehmoiid & Danville
JulV23
Fell. 18
94
84% Jan. 2 92%) Julv 18 83
9% Mav 29 15% Julv 80 11% 28%
71%
18 June29 31 Julv 301 20
17%
8
12 Jan. 17 22% Apr. 30
400
105
9=4
%i
%l
13418 13418
.
50
39
24 3j
7
64=4
135
90
80
68 14
80%!
6%l 13
200
9i4Feb. 23I
6
June 5
410 114=4 Jan. 2 126 July 14 115 1127%
477 33 Jan. 7 44 Julv 23 30
58
118.944 81=4 June 1 99 Julv 28, 83% 122%
1,145
10%
4
1 % Mav 6
5% Jan. 8
2,932
0=4 Feb. 17l
Mar.25
4
7% 20
2.620
5,280
56,700
1.400
4,350
46% 48%
17%
126
9
9
300
Apr.
603
Apr.
405
4% Apr.
120 12s Jan.
7,280 115%!Jan.
1,613
3%,
2l'i
22 <
10
Feb.
175
10
2134
19=4
2,490
pref
Ohio Southern
Oregon Short Line
Oregon •& Trans-Continental...
Peoria Decatur A Evansville..
Philadelphia* Heading
Low. High
H
21%
19%
1.933
2,530
1,100
FaU
Y'ear 1S84.
%!
^22
Vj
For
1885
1,
220 102 Jan. 28 113 JulV23
123,723 84% Jan. 2 101% July 21;
1,810 119=4 Jan. 2 181 Feb. 28l
110 119
1,210 105 Jan. 2 110 July 20,
9% 10
1,087
e%!M.ar.31 10%! Jnlv21
1,',?50
23%) 25
14 July 11 25
Julv 31
26 'i
26
2,810 18%) .\pr. 21 29 Fob. 25
82%) 82%)
2,303
66 June 8 91 14 Feb. 25
37%) 37%
860 23 Apr. 30 3S%.Julv23
134 Jan. 31 141
May 6
Jan. 27i
14%) Jan. 9 20
101% 102% 177,955 82% Jan. 22 109% Mar. 9
8%)
8%
7,343
4% Juue26 10 Jan. 15
350 55 Jan. 8 65 Feb. 12
4%)
4%
7,383
2=4 Jan. 15
4% Julv30l
714
7%)
4,910
8
Mar. 3
41a Junell
300 37%) Jan. 10 62 Mar. 20|
«5
5%)
700
534 Julv 23:
3 Jan. 8
195 195
100 190 June30;200 M.ar. 24
•20
28
14 Mar. 28 30 Jan. 14
130%! 130%)
1,140 119%) Jan. 17,132 July 23
84 Jan. 18 90 Julv 11
•11
12
"9'7'B
7%!Jnne 5 14%) Feb. 24
-3%)
5
l%Julv 8 17 Feb. 21
09%) 7034 233,680
50=4 May 12 71% Julv 30
*;4i4 73
670 62 Jan. 2 773, Mav 20
39% 4014 65.435 22 Jan. 16 41% Julv 21
ll%!Jan. 6 27 % Feb. 20
•93%) 97%)
V.i'U'i
65 Jan. 13 98 Julv 28
14
500 11% Jan. 3 18% May 19
-32%) 35
1,700 27% Jan. 13 44
Mar. 7
123 ....
90 Jan. 2 125% June 2
63
63
2,120 46% Mav 7 85%! Julv23
29 June 1 3434 Feb. 20,
•15
1513
750 10% Jan. 26 16 Julv 30
31% 31%
700 24% May '29, 33 July 23,
21%) 22%
69,203
14% Jan. 22 22% Julv 31
91%: 93%
69,173 89% Mar. 21 98%Jlll,vlS|
97
99
13134 132
22
I3
1885.
Mar. 25
Feb. 4
3334 Apr. 24
23 Jlav 7
52,6'4'6
43 14
8
46% 48
%)!
42%)
3334
12
8
8
20
>a
III4
...
1,
Lowest.
July 31.
R.4II.UOADS.
Albany
JAN.
62
137
102
61%
116
80=4
60
162
60
5
5
14-.f
19% 24
115
15
I.SO
121
3
r22%i
6
18
8
7
5
14
^1
23%
11
IS
10
29
Acoc^T
IHE CHRONICLE.
1885,1
1,
KAILROAU EARNINGS
The
latest
the totals from Jan. 1 to
Rtatoment includes the grow
Inteat railroad earnitiKH anil
cl:iti'
:
.
1
The
from which returns can be obtained.
are K^ven below.
earhinfrs of all railroads
Latttl SariUngt Ktporltd.
|
Jan,
1 to
12.5
New Vorh t'llj llaiikH.—Thi< following; statement shows the
condition of the AHWH-iated Banlcs of New York City for th*
weelt ending J ul y 25. 1885;
v
Av^rt^ft
^_
ImUmI natt.
1883.
188i.
1885.
1884.
•
$
527,314
6,302,788
,lt4,0'iO
Kali. A
lus.t».^7
10,176
Boa:
Bur,'
1.
July
ft3.?no
!),S72
Ciil.
Can
9
u
July
2(i7.0IX)
I;
J Illy
21,207
1
Com
OBlli:
6>*2.63S
CU.vEli
CtlCS. O, A s. W.
Otalcagn .\; Aiti>n
217.112
Ohio. I)url.
.\;
i!l,9a»
May
III
112,789
170,937
wk July
OS 1,001
W.;Miiy
CWc. & tii-'t III
81.K
CWo. Mil
.ill
:<il
.V-
Olila. It .Vortlnv
..'d
wk July
wk July
wk July
2S,294
423,000
172, !»
)ii
Ch.St P.Miu *0.;3(1 wk July
Cliio. .% W. Mli-li !:fil wk Julv
Cln.lnil9i.I..*l'. :tilwkJuly
102.300
Clu.N
O. \-T.
Danbury &
DetiT.
1.45:1.913
261,!I05
5SH,2(!4
61(;,l!98
185,0(3! 4.109,397
4.38(1,176
9,53«.1.I9
9.81.1271 10,380,4»*3
82'i,382
31,7881
781, .1110
430,54111!, 877,000 11.711,081
452,300 12.010.310 n.9."i7.927
10^,400 2.819.532 2,989,319
1,2 .'8,6 19
SO.-i.lOO
-ZiX
24.«<Jt>
1,209,625
907,601
.id
9,7.')8
27,994
9,889
1.207,677
H98,U61
256,9.50
1,29S,3^'7
251.17.)
23S,37«
18,S4!>
wk July
131,.'>0.>
302,200
18,197
97,723
57,320
94,854
3,0.<
1,573
817,010
1,493,213
8f.M36
2,754.9 iO
362.149
172.835
429,846
19 1,906
6,168
613,.505
18,216
739,760
445,588
475,102
15.929
27il.3.1.=i
295.461 1,476.653 1,556,469
E.Tcim Va .ton. .May
3-I6.137
1'. H. :WwkJuly
10.«4,'i
389,575
23,324
Evansv.
40,452 1,034.253 1,331,753
32.613
Flint .V 1'. Mail). WA wk J\ily
649,2i5
13,5llH
12.476
562,275
Flof. li'wiiv .«i N. 3d wk July
211,396
57.7S7
39,122
231.100
Pt.Wiirtli J: l)cu. June
217,793 1,167,223 1,167,389
20.'i,097
Gal.H:ir.iV8.Au.'May ....
Grand Trunk ...Uvk July25 281,4.52 318,948 8.2'j4.913 9,304,473
588.905
125,501
770,475
129,.579
Gulf Col. .VS. Fc Juni'
IU.Cenl.(III.<VS<>) 3d wk July
m,700 176,304 5,6S5,415 5,310.0ii4
842,339
891,180
(Iowa) 3il w"k July
34,300
29,807
Do
3i»,144
36,529 1,174,4S4 1,156.914
Hnd.BloiiMi.&W. id wk July
36.013
33,419 1,374,600 1,272.649
K.C.Ft. S. & (iulf 3d wk July
21,071
895,111
594.340
22,2«3;
Kan. C. .-"ii. * .M. 3d wk July
68,753
321,243
31:8,593
66,941
Kentui'kv Cenfl .May
49,9011
4^.411
IjBkB Eiie& W..'3 wks July
35,16.")
213,327
204,015
L.Rk.A Kt.Sinlth May
31,908
127,431
I,.Kk.M.l!iv.&T. May
21,789
129,255
19,131
3d wk July
91,170
81,664 1.451,178 1,420,251
IjOng lahiud
185,476
213.934
50,463
1.8. A.Mo. Kivcr. 'April
42,661
244.434
34,025
213,137
liOuiHiaua Wrst.'May
44,730
l,oul«v.\ Na-tUv. 3d wk July
234.250 214,335 7,505,756 7,261.285
30.361
367,152
434,013
Mar.Houjrli. &C). 3d wk July
30,755
H4.000
44,872 2,052,009 1,531,475
J.Weilcan Cont. 3d wk July!
814,900
oMex.X..,'ill lines June
833,519
138,207 119.853
304,575
281.256
MUwauki-e <fc No .^d wk July
9,347
10.226
23,550
620,951
602,979
MU.L. Sh.* \Vi>8i 3d wk July
24,575
835,582
915,304
Minn. &:!it.I.ii>uls: June
163,333 149,076
Mo. Kan. i Tex. 3 wkg July 370,1H2 429,372 3,272,934 3,751,987
Int. & Ut. No ;.; wksjune
85.268
119.810
923,482
976.386
Mobile * Ohio.. June
IIS.270 140,03'i
Morgan's l.i.A-T. May
293.932 236,527 1.603,423 1,427,938
gaeiiCb. iSt.L. June
147,700 161,957 1,027.218 1,145,181
193. SOO
.O.&Nditlieast June
36.545
31,821
328,140
232,439 221,769 1,307,345 1,277.055
N.Y. Cli. .Vf^t.l.. May
a!I.1.L.Krie*\V May
,230,857 .308.545 5,891.968 6.389.903
N. Y. I'a. & O. .May
388,760 451,205 1,932,714 2,223,587
271,067 283.531 1,513,914 1,587,860
H.Y. J: New Ens- June
84 '.,523
ftjf. Y. Ont.&W. June
153,142
167.912
820,357
90,2-22
451.928
N.Y.Bu~.i.iV\Vi>8t June
82,970
496,115
Norfolk ,t \So.st i wks July
142,570 133,.S41 1,379.60
1,380,010
'
Nortlurn Crui'l June
416.219: 41<i,635 2,597,771 2,620,255
Kortliein I'acltlc June
,011,623 1, 143,12.;! 4,605,546 6,98), 516
4 2,264
98,463
OUo feiilral..., June
Ohlo.^: Mi->8
June
278,6 14; 289,163 1,752,869 l,827,'t33
2 ;5,872
27,392!
201,775
Olilo Southern.. June
26,876
Oreg'Ui Iniii. Co May
239,316| 312,425 1,140,785 1,382,553
Ore>r'»M Short L .May
63,671
603,804
300,092
148,3211
Penn8\'h jinia... Juno ... .. ,735,638 3, 9i.:- !74 21,319,593 23,333,249
Peoria I >«r.&Ev 3d wk July
12,818
362,618
400,455
12,8631
Phila. iV Hrie .. June
269,943 292,368 1,482,199 1,616.811
.428,2!t4>2 14-*,764ll2.710,201 14.218.665
Fhlla. li R.'uding: June
Do «'. A Iron June
.320.098 1 ,083.357! 6,836,122 7,0,53,919
RlchinM .vl) mv.ljune
266,294 251,819 1,855,573 1,825,102
CI'
Juno
3S.2H9
379,024
357,89)
42,745
June
298,854
C
30.974
28.148
317,788
Ge.
304,222
260,222
June
40,221
38,010
732,705
Va. .Mi. Hand.. June
692.158
128,433
H8.9:»3
190. )36
Went. Nil. Car. June
29,629
206,026
25.787
2U,995
21,821:
Sooh. .t Fittab'g 3(1 wk July
611,064
573,768
Rome Wat A ( ))?. .May
608,795
689.458
13 1,645 133.882
16.635
491.255
Bt. Jo. .t Wesfu. l!h wkJ'ne
16,723
721,563
Bt.T>.Altnn (iT. H. Sd wk July!
21,217
603,208
17,193
Do (Uritnehen) :idwkJul}'
378,066
406,157
11.900
1'>,7S7
281.161
3dwk Julv: 11,2211
317,101
Bt. I.. F. ri. A
8,917
8t.L..V.-i,iii f-ran. 3d wk July
79,0821 2.178,686 2.359,087
74.433
8t. I'iiiiUv I>ul'th .Id wk July
26,5.551
672,298
673,273
28,723
Bt.i'.Min .V: Man. June
491,558 712.165 3,121.028 3,614,9M
Boulh C.nolina.. June
532.991
577,338
60,523
65.7741
343,152
Bo. Pal'., No. IJlv April
111.16:
95,876
390,829
JSiMithern Div.j April
271,611
299,497 l,o.S2.672 1,040,492
Arizona
!Aprll
630,107
115,303
17.5,575
567,318
New Mexico.. April
68,779
23 ',777
232,527
66,168
Texas A- N. O ... May
TS.lOi
379,588
62,253
375,619
Tei. A .St. Louis, -.'d wk Julyl
20,584
475,916
404,774
18,737
104,108
Tol.A.A. .VN. M. lune
19,4920,317
124.099
Union Paciflc... May
,067,6'28 l,,099.898 9,269,134 9,254.303
Otah Central ... April
52.7.55
236,527
303, 74
70.859
VIcksli't: Ac Mcr. June
225,984
25,2«6
31.571
198.120
VIcksb.Sh.APac. June
9,110!
59.146
20,501
153,318
Wab. 8t. L <fe P. June
941,35« ,171,322 6,897,980 7,448,858
West Jir»ey
527.501
June
111,018 112.371
510,790
Wtecon.'ln Cenfl 3d wk July
773, 174
24,644
21,800
785,812
Deny.
A:
K.O.
June
88,100
wk July
wk July
r)ub.A-.-I.HixClty';M wk July
Dea
Mi>. .t I't. I>. id
l)ot.I.au<'>;>V No. Hd
7,85.'.
19.269
17,900
,\:
.
'
.
.
-•
.
.
.
,
,
1,21
HOM.IJDII
l,'il3.i)l)0
2114,,Hon
177. r. •
13
,iril....
statu of N. Y
Americ'n Kxoh'ge.
Coninierce
:
2,M.
.'"'I'lii
7,
4. '291
l.Ml'!
eJO
:>i)0
2,«')0
11)1)
4:iii.:i.i.
.
641,000
527,700
921.700
470,700
892,41)0
1123.900
42»,600
45,000
Chatham
Hanover
718,200
290.900
709,000
4B9.400
Irving
49!),«00
Cltlcens'
91w,400
Peoples'
...
45,000
4,'272,»l>0
1.720.400
4.:il4,oon
11O.000
631.200
106,000
595,000
490.000
343.000
374,000
2,171,500
10,058,000
3.170.000
8.370,100
2,120.300
2,582,400
1.782.200
8.3:1.000
4.599.000
6,290.000
1.907,200
21.272.900
1.818.000
2:1,792.500
Central National..
Soconii National..
Ninth National...
258,000
141.900
2,881,600
488.000
423.000
776.000
First Natlon.ai
2,l).')3.2l>0
261,700
133,000
357.700
297,100
507,100
331.400
670,000
1,995.000
946.200
18,101.000
9,887.000
3,313,000
6,032.000
18,417.500
5,043,000
1,189.800
2.223.900
2,511.800
2.917,900
3,664.400
3.239,300
2.516.200
1911.800
2.2:19,100
105.800
309,800
3,194,800
3.127.600
1,201.200
2.".9,100
....
Nicholas
Shoe dk Leather..
Corn Kxcliange ...
Continental
St.
Oriootal
Importers'^ Trad.
Park
North River
Ka»t River
Fourth National..
Third National ...
N. Y. Nat. Bxoh..
74:l.H00
Bowerv
N. Y. County
German- -Vmeric'n.
Ohase National...
Fifth Avenue
German Exch'uge.
Gerinanla
United Btates
Lincoln
...
1
Oarlleid
Fifth National....
B'k of the Melrop..
110.000
408.100
West Side
4.')0.000
Seahnard
101,100
508,400
'25.800
2211.000
237.000
iss'.'dSi
3'42'5(M
103,600
9'89,9<>6
45,000
2'2i'.5(>0
180,000
297,000
85.400
45,000
421,100
178.206
215,600
180,000
48.000
180.000
46.000
177.900
134.600
1,2.13.000
4,110.tOO
1,889,300
1,527,?00
1,825,800
19-3,000
308.113.'200 11571341)0 44.S7li ?ivi SJS r«.1 7i>"
0701900
Sixth National....
Total
39 -1,800
41,800
.'lOOl
1.40H,-.;i.ii
Paoitto
Rflpnhlio
Nassau
Market
0o',6o6
IlliT
".
.
,
.
i.'iW.i.
Broadway
Memantile
North America
245.90O
400
2O0
.000
121
B81
niirra.
,
!,..<.,
'
-
Kxch.
Drov..
.ft Tr..
I
The following are
1886.
totals for several
weeks
Deposits.
[L. Ten4ier8,\
Specie.
past:
OiretUationlAifo. Clear'gt
'
$
S
$
April 302,098.0001 1060,15300 30,953. 600 354.415. 100 1 0.903. nOO 401,534,492
••
mlS01,963,300i 107091800 32,180, 100;3,57,937. '100 10,913,800 488,510.488
" 25 298.;I43.7,)0
109931100 3'2.318. SliO :!d0.81P, 700 10,9!0.800
33.24:1, 800 358,319, 400 111,814.800
9 291). 100.101) 113037000 32.740, !>00 381.9 18, 700 10,707.500
" 16 291.748,901) ll:i641'JO0 35.017, 800 304,971, 800 10,5'29.1im
" 23 •290,(1011.201) 114007200 3-1,021, 100 30:1,270, 900 10,4:10.200
" 30 293.14d,'2(lll 114501500 30.018. 400 :lfll,413, 900 10.301. 100
•290,307,200 Il4ti00i00 ;!6.47!, •200 304.214, SOI) 10.1U.500
J'ne
" 13 296.8:17,3011 ILilSSJOII :l1.0<.).i,,000,307.595,,51)0, I0.1;i7.'i00
" 30 1298.883.800 114051 010 40.727,,000 371.751,,200 9.971.1110
" 27r303.735.50(l 11:1950000 43.6'28,,700 370,703,,.500! 9,9111.701)
July S 307.200,400 11411901 111 42,011. 000.380,798,100, 9.H;in,!''
" 11 :31)0.5!i 1.800 1102\.Ml)l) 43,ii25, 30iil313.7,")l,.700 9.70,.
" 18 307.027.700 110:140200 45,lil8,,100 387.883,.300 9,737,
" 25l30»,113,'.0U 11.-.7334O0 44,870,,2001385,005 "00 9.701..;
M'y 2 290,610,400 111484200
••
1
,
.
.
3,2«».000
17
1
:'iinal..
^:
.
?
I'i.siii.im)
Ik5'2,900
»,0»\ onr.
B171
C!hiMillC:il
8,49(l.7'l2
a2i,5oa
937,900
2,193,1)14
283.217
57,616
105,70)
America
Pheniz
Tnuteamon't
Fulton
751,177
4M,ooa
000
1.;
l.4.1l!.000
«9.'t,800
lllM.I.
City
36.417
a" r.io (ir.'^jil
W
226, '.IS
u.,'.
7«J.(K)0
3.192.1100
1,305.1)27
2l'6.3S6
June
Ni>r.
7,9081
12S,'KKI 3,911,827
ii28.027
29.217
lll,.583 7,830,308
287.497 l,316,Si.3
677,8111
077,829
1,262,483
wk July
wk July
tSev.Col.C.VInd M«y
Oln.Wasli.iHalt.
CleT.AkiniuViCol
519.610
,313.3821 6,008,486
101,9051
655,542
!',^^9
239,3m(
41,6-14 1,519,460
26,433
47,254
23,'2t'.0
Juiu"
1».
1
79,749
tUm.
OanO.a.
1.017.000
•..nan
S
6H.011
..
Otrcutt-
othg
•
I
Ala. at. ^nnth'n. June
Atoh. T. A- «. F .'Miy
o$—
TwSn.
Road:
Wctkorit<\
Amnmi
Boston Banks.
1886.
I
4:14,334,721
411.511,314
o07.034.>l48
511.3,')7,3S9
471.')77,574
345.317,886
40-'.S77,5O6
404.201,880
140.059.748
H
1.053.091
..,, -,.os66
:)58
,!2l
...
....1,017
—Following are the totals of the Boston banks
Loans.
Speeit.
$
t
Deposits.' \CireulaUon
\L, Tenders.}
Am.
Ctear'9
I
-
.
W
1
J
Mexican currency.
I
$
$
1
.'i.
Philadelphia Banks. -The
63.006.681
71.902.OS9
05.239,788
04.349.479
i;0.i:i2.388
03,772.014
39.:m.'284
40,1.52.129
711.290,986
02.741,956
59.174.914
62.009,888
07.725.242
75.048,434
68.411,161
98.542,67 6
totals of the Philadelpliia
banks
are as follows:
1886.
AprUll
"
"
May
'
"
"
•'
June
18
85
2
•'
Lawful Unney.
Deposits.'
Oirculafion.
$
$
*
S
*
75,020.901
74.781,007
74,204,550
74,207.010
24,0.16.465
73,148.024
74,599,820
7.705.2I6
45.742.859
74,'295.19I
74.0S'2,320
74.9.13,001
7.091.000
7.101.081
7.007.337
7. ill. 741
7.*)1.303
9
18
23
71,0711,191
80...
74,M3,382
6
IS
20
27
AM. Ctear'm
Loans.
74,651.485
74,911,190
74,396.932
74,218,309
74,035.809
"
74,432,300
July 3
75,541.900
••
11
70,080,800
"
18
76,373.000
•
29
70,060,000
'Inoladlng the Item " due
••
of New York Peanaylvania St Ohio road.
b Deore:i.ie this year wlioliy in misoellaneous receipts.
*Mut including the tirst six days o( January, preceding time when
Receiver look posacaanin.
Not inciu.liiiK lud. Decatur & Sprinuf. in either year.
1 Not iuciudioic Colorado Dlylalon la either year
a Not inoludinK eamlai^s
$
I
April 144, 091.300' 8.280.100 6,074.000 101.032, 800 22, 585.100
" 18 141, 13,-.,30ll 8,342,300 4,470,:lilO 104,130. 500 22, O27,^20ll
•'
25 141, 071,900 M.45'2.0IH|1 4.335.41)0 1II3,0.-.1. ;ll)l) 22, 532.200
M'y 2 144, -i.-iS.llOO 8.,'>2»,1I)0 4.434.400 101,892. 000,22 •r.14.1110
••
9' 144. 3:i2.^)OI) 1..->14.9l)l)
4.215.000 102.-;i9, 30.1 22, 2;<1.1l)..
" 10,141, 4110,200 1,41t1.!MHI 4.079.400 104.234,,700 22, 213.11111
'•
8.1117.100 4.321.700 104.,">70,,300 22, 270.::i)l
2,1 144, 102,700
' -30 144,,020.000 8,70>,10li 4, 751, •200 101.373,,000 22, ,047.7110
140,,23l.:IOO 1,742,4011 4,810.701) 107.270,,700 22, 212.200
J'ne
••
13 147,,100,900 8,73:!,l)I.O 4. 190.000, 101.501,,4011 '22 ,075.100
" 20 14;>,,141,M)0| 8,750.!' 00
0,11, 300: 110.079,,001)122 ,001.400
" 27 149,,703.700 8.777.400 5.433.300 109.^51,,000 21 .905.000
July 3 150. 211.300 8,782..-.00 5,372.300 101.1,492,,10 ,22, 00,1,11)0
11 150,,;142.2I10 8,711'. DO" 4.104,101)1 111.024,,000 21 101,100
" 18ll50,,470,701) 9,305.100 5.0.-)1.30o i;2,12'2,,9011! 21 792,100
" 29: 1501.92.1,5011 1,.riJ7,iiU0 5.101.700 ll'2,30l.,600 21 ,083.900
25.139.0 '3
23,759.900
25.119,909
20.021.227
27,010,733
20.096,389
27,001.007
20.898.610
27,7:14.300
77.001.215
77.153.750
77.851,301
77,395,353
77.010,031
7.1.041.018
27,170.145
77.521.500
27.100.500
78,704.300
27.150.700
7rt,901,7l>0
27,428,000
79.638.000
27,398,300
37,619,900
79,044,700
to other banks."
„
7.1190.328
7.01-2.018
7.484,:196
7,4('9.600
7,433.01. 7,412.11.1..
7.379.3.'..
7,308.300
7.181,500
7,303,500
41. .140. 164
44,431,'»7
44.lr-5.504
42.207,410
44,099.177
31.827,819
53.754.947
40,4'.l8.se6
1..
,-.vj,tl75
i:.:'
.;i,138
: J i,109
49.o7.(.971
;•;
47.344,630
42.213,922
Ttt-
MJJ
—
—
MJ
t
TflE:jCHRONICLE.
GENTBRAL QUOTATIONS OF STOCKS AND
lae
1.
[Vou XIX-
BONDS.
other quotitioas are frequeacly made per sUare.
may be; othe
QaotatlonslnNew York represoat the per cent yaUie, whatever tlio par "«.,"
for gold; " g'd," for gaaraateed' "eu(l.," for euioraed; " cons..
*hetoUowln? abbreviation are often used, viz: -M." forraort?aso;
"
'o/
land
grant.
fuad
sr-."
"
for
siakio?
1.
f.."
ooiivertUile
"
a.
tor oonsolidatedr oonv.." for
Quotatioaa in Now York are to Thiiraday from other citiea, to late mail dates.
Snbscrlbera will confer « favor by giving notice of any error dlgcovered tn theae «tnotatton»
;
;
;
tJWITED 8TATB8 BONDS.
Bid.
UNITED STATES BONDS.
«i<8, 1891
rb(5..Q—
coup..Q—
t^, 1891
48, 1907
4», 1907
Sa, option U. 8
68, Currency, ISS.'i
6e, Currency, 1896
68, Currency,
6s, Currency,
6a, Currency,
112% tlSTs
—
.T&J 129'Sl
reg
S&J 130^
reg
reg....J&J 133%
Teg....J&J 135%
Waterworks
Augusta.
Augusta,
STATE SKOrRlTIESti
92h 94
Al»bama^Cla88"A,"3to5, 1906...
An.^rtn,
104
Class " B," 5e, 1906
89
Class " C," 4a, 1906
J A J 1U7
68,10-20, 1900
5
10
Arltaneaa— 6h, ftmded, 1899 ..J A J
7e, L. R. &Ft. S.ls8ue,1900.A&0 13
78, Memphis &L.R., 1899. .A <feO 13
7»,L.B.P.B.&N.O., 1900..A&0 13
78,Mias.O.&R.Riv.,1900..A&O 13
K'fl
5
78, Ark. Central RR.. 1900.A & O
5
2
J &J
78, Levee of 1871,1900
California— 68. civil bonds, '9.S-9.').* (103 104
& N 103
Connecticut— iia. 1897
Cona. 3-658, 1924, coup
3-658, 1924, reg
Me.— 63,
Ga—7s
!i9
101
101
1887, mun..F&AI 102% 103
Various 105
115
Texas— 10s
Q—
Q—
Q—
llOSg
^..
68, consol., 1890
109%
O. loan, 1890
68, Bait.
106
6s, Park, 1890
6s, liounty, 1893
do exempt, 1893...M& 8
6s,
J&J 113
5s. water, 1894
J&J 125
68, 1900
6s, West. Md. RR., 1902 .... J&J 126
6s, Valley BR., 1886
125
5s, 1916
J&J
4s, 1920
Bangor, Me.— 6s. RR..1890-'94. Var.l
J&Jt 120
6s, water, 1905
6s, E.& N.A. Railroad. 1S94..J&J1 113
Piaoatanuis RR..'99.A&01 114
6a. B.
Vari 103
Bath, Me.— 68, railroad aid
1021a
58. 1897. municipal
Belfast, Me.— 6s, railroad aid, '98.. * 103
&
120
104
111
110
M&8
A&O
M&N
J&J 103
J&J^
iim
F«StA lie^a 1161a
114%
&
J&Ji 113ia
Funding 5s, 1899
Perm. Imp. 68, guar., 1891...J&Jt|ll4
J&Jflll9
121%
Penn. Imp. 78.1891
Wash.- Fund.loan(Cong.)6s,g.,'92f]llAHi
Boston,Masa.— ea.cur.long.lOOSVari 131
Var. 120
6s, currency, 1894
Fund. loan(Leg.)88,g..l902Var| 123>2 125
119
130
130
Floridiv-Coneol. gold 68
J & J lim 114
Georgiii— 68. 1886
F & A 103
7a, new bond8.1886
J & J 102
102
7s, endoraed, 1886
78, gold bonds, 1890
Q— HI 114
City Seccrities.
Ask.
106
105
101
100
99
HI
Baltimore.
6s, Pitts.A ConncUsv. RR., '86 J&J
M
New, reg.. 3>a8, 1904
Delaware— 68
District of Columbia—
100
100
100
99
98
98
100
100
111
112
Allegheny, Pa.— 5R.0P., '83-97..Var.
Var.
4148, coup., 1 835-1901
Var.
4s. coup.. 1901
Allegheny Co., 58, cp., 191ir.J&J§
4s, riot loan, 5-lOa
10-20S
do
48,
5-103
do
58,
10-208
do
5s,
Atlanta, Ga.— 78
Do. 8s
112Si 112'8
reK...Q-J 1225» 12278
122^
122'8
.Q—
coup..
reg..Q.— F. 103
J&J 127%
reg
1897
1808
1899
Bid.
City Secukities.
A8k.
122
124
Ijouisville,
Ky.
Bid.
—78, long dates. Var.l
120
Var.l 108
Var.l 108
7s, short dates
6s, long
68, short
101
M&N 103
L.M&NI 112
J & J 106
J & J 125
Var.
58,1890-1900
Lowell, M.asa.— 68,1890,
Lynchburg, Va. 68
8s
Lynn. Mas.s.— 68, 1887
—
W.
I
Ask.
121
ll'i
111
102
105
1121c
F&Ai 103% lOH*
J&,1 120
Water loan, 68, 1894-96
5s, 1005
Macon, Ga.— 78
M&Ni
114
105
122
116
Manchester, N.H.—
63,
63,
4s,
J&Jl 117
J&J 125
1894
1902
119
127
104% 105
1911
Memphis, Tenu.
Taxing Di.^t. of Shelby Co., Tenn. 74
MUwaukeo, Wis.- 58, 1891... J & Dl 100
Var.t 108
78, 1890-1901
J&JI 110
78, water, 1902
Mobile, Ala.— 3-4-53, funded.. M&N
Montgomery, Ala. — New 38 ..J&J 55'
70
53, new
77
.12
'
Tenn.— 6s,
103
Na3hvil!e,
113
113
Newark— 68,
6s,
78,
78,
102
105
short
long
Var.l 116
Var.l 1-20
long
long
water, long
104
110
i22'"
122
125
H314 New Bedford,Maaa.— 6s, 1909. A&Ol 130
116
A.&O 115
58, 1900, Water Loan...
132
117
90
75
100
121
Var,
—
I
IO3I4 N. Brunswick, ". J. 78, various. .
103
63
104
New Orleans, La.— Premium bonds.
132
CousoUdatod 6s, 1893
Var.
.
I
1
85
86% 87
97% 991S:
114
125 123
106
107
121 125
long
J&J IOBI3 107%
132
133
Brooklyn, N.Y.—
6s,
116 118
118 119
7s, 1890
7s,
111
131
133
116
63, W.'iter, 1891
78,
128 130
136 140
63, Water, 1899
73,
186 140
6s, Park, 1921
Newton— 6s, 1905, water loan.. J&J 130 131
14,-.
8b, '76, '86
147
78, Park, 1915
J&J 117% II81&
58, 1905, water loan
Kansas— 7s. long
133
J&J 115 125
140
7s, Bridge, 1002
Norfolk,Va.— 6a,r6g.8tk,'78-85..J&J 104
IjOtilsiana— New con. 78, 1914..J&J 79
14.J
117
78, Bridge, 1920
8s, coup., 1890-93
Var. 115
Ex matured coupon
fc'4>ii
109 111
130
7s, Kings Co.. 1888
88, water, 1901
Baby bonds, 3s, 1886
50
F&A
103 104
6s, Kings Co.. 1880
Norwich. Ct.— 58, 1907
A&O
101
Maine— 4s, 1888
102
F&&
BuMalo. N. Y.— 7s, 1895
Var.l 114
73,1905
J.&J
War dsbts assumed, 68,'89.A& 01 IIII4 IIII3 7s, water, long
Var.t 125
t 115
120
Orange, N. J. 7s. long
Marylaud—6s, exempt, 1887... J&J
112
M&Si 110
6a, Park, 1926
100
Oswego. N. Y.— 7s, 1837-8-9
125*'
68, Hospital, 1887-91
J&J 107" 115
Cambridge, Mass.— 53. 1889... A&OI 101
105
Patersou, N. J.— 7s, long
Vai 124
68, 1890
6— 106
J&J 120 122
116
120
68, 1894-96. water loan
68, long
6s, 1890
112
Q—
63. 1901, city bonds
103
110
J&J 130 131
.5s, long
3-658, 1897
J&J 105 la
Charleston, B.C.— 68, 8t'k.'76-98..Q80
102 103
4%?, long
Massachusetts- 5s, gold,'91-94 A&O 112 117
78, ilreloan bonds, 1890
J & J 33
Petersb'jrg, Va.—63
J&J 100
58, gold, 1894.1897
120
Var.l 117
108
78, non-tax bonds
88
J&J 118
Michigan— 7b, 1890
M&N 112
4s, non-taxable
80
118
88, special tax
Mlnnosot.'v— New 4138, 1912 ..J&J 102
Chelsea. Mass.— 6s, '97, water l.F&At 121
123
Philadelphia, Pa.— 68, old. reg. J&J
Missouri- 68, 1886
J & J lOlia
Chicago, 111.— 7s, 1892-99
116% 118
6s, new,reg.,dae 1895 & over. J&J 132'
Funding boiidB, 1894-95 ....J&J 118
63,1895
111%
Var's yrs
4s, new
Ixmg bonds, '89-90
J & JjlHia
4ias. 1900
106 106% Pittsburg, Pa.— 4s, coup., 1913.J&J. 97
99
Aiylura or University. 1892. J & J 114
3-053,1902
99 100
5s, reg. aud coup., 1913
J&J. 105 106
Hannibal & St. Jo., 1886.... J & jlluSia
Cook Co. 78, 1892
116%
116 117
6s, gold, reg
V
do
do 1887....J & J 10218
Cook Co. 58, 1899
107% 10818 73, water, reg.& cp.,'93-'98. ..A&O 126
Few Hampshire— 58,1892
J&J]W)9 111
Cook Co. 414S, 1900
106
100% 78, street imp., reg, '83-86
Var. 100
Warloan, 6a, 1892-1894
J&JI 114i< 1141a
West Chicago 5s, 1890
102 103
Portland, Me.— Os, Mun., 1895. Var.t 113% 11M»
War loan, 6a. 1901-1905
J& JI129 131
Lincoln Park 78, 1893..
1074
122 1221*
M&3
Os, railroad aid, 1907
Kew Jersey— 6s. 1897-1902.... J&J* 1^3
West Park 78, 1890....
109% 110
Portsmouth, N. H.— 6s, '93, BR. J&J 113% 115
68, exempt, 1890
J&J*jll8
South Park 68, 1899....
104
water
Poughheopsle.
N.
Y.—
78.
Kew York— 6s, gold, reg., '87.. .J&J 1104
Cincinnati. O.— 6a, 1897
M&N1
Pi-ovidence. R.I.— 5s,g.,1900-5.J&J I!118i4 118%
101
68. gold, coup., 1887
130" 130%
7-308, 1902
128
63, gold, 1900, water loan. .J & J 1 27
68 gold, 1891
108
48
J&JI 100 100%
SljlOOis 100%.
bs. i885
113
68, gold, 1892
Southern RR. 7-308. 1906... J&J 130
130%
Richmond,
Va.—
116%
68, 1884-1914.J&J
68, gold, 1893
A&O 117
do
6s, g.. 1906
M&NI llS^a 119% 8s, 1886-1909
is?"
.I&J 136
Mo.C»rolina— 6s, old. 188a-'98..J&J 30
do
Cur. 6s, 1009....F&At llS^s 110%
J&J 106% 107
58, 1914-15
6«, N C. RR., 1883-5
J& JT[ 160
do
8kg. fd. 5s, 1910M&S I los
108%
Var. 103
Rochester, N.Y.— 63
68,
do
A&OT! 160
Hamilton Co.. 43
100 102%
78, water, 1903
J & Jl 132
68
do
7 coupons off
J& j 135
Cleveland.O.— 7s, 1887
Var.l 10ii% 106% Rockland, Me.— 6s, '89-99,RR..F&A IOOI4 101
do
68
7ooupon«off
A&O 135
7a, 1891-98
Var. 124
127
78
81
8t. Joseph, Mo. — Comp'mise 4s, 190
6<, funding act of 1806 1900 J&J
10
68, 18'J8
Var. 119% 120
Var. 103% 10414^
St. Louia, Mo.— 63. short
68,
do
1868,1898A&0 10
5s, 1837-89
Var. 102
104
1111*
6s, 1892
Var. 110%
6s, now bonds, 1892-8
J&,1 18
Columbus. Ga.— 7s
Var. 103
110
Var. 108
109
5s, long
68
do
18
Covington. Ky .— 7-30s, long
115
117
5s, 10-20
Var 104
68, CbalhumRR
A&O .21a 4
7-303, short
103
120
123
St.L.C.).—
gold,
1905
A&O,
63,
68, special tax, class 1,1898-9A&0
4
41s
Water Works, 1890. .
110
Currency, 7s, 1887-'88....Var.. 105
68,
do
class 2
Dallas, Texas— 88, 1904
105 107
106
St. Paul, Minn.— 63, long
do
68,
W'uN. C. KR.A&O
10a, 1893-96
110
115
112
78, long
do
Wll. C, &R.. A&O
68,
'.'...'.'.'.'.'.".'.
Water, 0«, 1900
96
99
8s. 1889-96
Var. 110
<«, new, COB8., 1010
J & J 87
88
Detroit. Micli.— 7a, long........ Var.l 114
Salem, Mass.— 6s, long, W. L.A&OI. 123
127
68, 1919
112
113
7s, water, long
Var 116%
r&,7l 113% 117i»
58, 1904, W. L
OMo68,1886
J & J 103
Elizabeth, N. J.— 7s, short
40
43
San Fr.aueisco— 7s. school
Var. 112
Psnna.— 58,new. reg., '92-1902.F&A
7s, funded, 1880-1905.
Var 40
43
101% 103
68, gold, long
4b, leg., 1891-1904
FA A
7s. consol., 1883-98
A&O 40 43 Savannah
90
92
funded 5s. consols
4s, reg., 1912
F&A 117
78,1905
40
43
Somervilie, Mass.— Ss, 1895. .A&OI 110
112
Rhodt< Isl'd— 6», l.'i9:i-9, coup. .J &j 120
Fall River, Ma,s3.— 6a, 1904... F& Al 124
126
A&OI 113% 115
3s, 1«05
Boutb Carolina— 6a, Act of March }
58, 1894, gold
F&A 109 110% jprlngtleld, Mass.- 6s, 1905..A&OI 128% I3fr
3% 4
23, 1869. Nou-fimdable, 1888.. J
5s, 1909
p&A« 113 113
7s,1903, water loan
A&OI 110 141
Brown consols
107
Fltchbiirg.Mitss.- 68.'91,W.L..J&JI 111
U3 Toledo. O.—7-308, KR. 1900. M & N
47i« 48
Xennosaco— 68, unfunded
Oalve.ston, Tex.— 8s,1893-1909 M&S 103
105
8a, 1893-94
Var.l
Compromise bonds, 3^-5-68, 1012 54^ 55
5s, 1920
j&D 90
95
Washington, D.C.—S«eDist, of Col.
Bettlenicnt. :l8
58
59
Hartford, Ct.— City 63, var. dates..' 106
115
Wilmington, N.G.— 6a
100
Texas— «s. 1S92
M&8I no
Capitol, untax, Os
l',51
124
100
88, gold, cou. on
78, gold. 1H92-1910
M&.^t 120
Hartford Town 4i»8, untax
101
Worce.ster, Mass.— 6a, 1892...A,VOI 113
11S>»
78, gold. 1904
J&JI 123
Haverhill, Mass.— 6s, 1889... A&OI 106
108
117 119
58,
1905
A&O
Termont— 68, 1890
J
Houston. Ter.—108
33
40
48, 1903
A&O|106% 107%
Virginia—6s, old, 188«-'95....J & 3 40
68, funded
35
40
RAIliKOAD BUNDS.
68, new hoiirls, 1886-1895. ..J & J 40
Indianapolis.Ind.- 7-363,'93-i)', J& ji 111
(Bonds of companies cotiAoUdaUdl
•is, consols. lOO.'i. BX-couD
J&J
.Vl
Joraey City— O9, water, long, 1895.. 104
ids
will
he found undef the conSfjU6s, consol.. 2d acrtos
J&J 50
78, water, 1899-1902........ J&J 114
115
dated name.)
68,defen-ed honria
5% 8
78, Improvement, 1891-'94.
108
Var
107
Ala.
Southern— 1st mort., 19081 107 109Qt.
TU-rei:eivable coups. ,fromoons'ls 35
40
7a, Bergen, long
Jij 103 105
Mb'y & S-usq.— 1st M., 7s, '88...J&jll09''8
Do
from 10-40s. 35
40
Hudson Coimty. 6s. 1903
J&J 115
2d mortgfvge, 7s, 1885
A&O102%
Vunding bonds. 38,1932
JAJ 53 >i 54 1< HadS(m County 7s, 1891
J^D^i,
11
112
Consol. mort., 7«. 190e.guar..A&O 1^9
130
Ba.vonne City, 78, long
..J&J 1 10
Consol. mort., 6s,1006. eiiar. A&O 115% ll6i«
CITK SECURITIES.
Ma»s.-68, 1894. ..A& O 120
120% Allegh. Val.— Gen. M., 73-108.. J&J
H'^?^^'X'
I120
AOmtf, N. Y.— 6s,long....Varton8l 110
6s, 1900
,,..,
A&O
129
Eaat. exten. M., 78,1910
Tslong
A&O ;127 129
,'128
Louz Island Citv. N.Y— Wa"te"r".7s.'95 128
90 100
Income, 7s. end., 1894
A&Qi 13
'*
filoe nomiaal no late transactions,
Paroha,or also p .ys aoorued Interest.
, la Loadoa.
'6^
J Part being reieemal.
fl Conpoas on sluoe
Market stock, 78. Iti92
Water stock, 7s, 1901
do
78,1903
53. gold, long
4133, 1908
4s, currency,
121
Newport, Ky.— Water bonds
117% 118% New York City— 3a, 1908
Var.l
A&O
113
-----
115
6s,
68,
7-308.. 113
1887
1896
1901
1890
1890
1901
A&O
M&N
—
1
.
I
I
J&J
J&J
A&O
1
.
M&
|
A&O
I
I
A&O
A&O
I
I
,
I
I
I
&n
I
:
I
'
;
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AUOOBT
M
g
1
;
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9
THE CHHONKJLE.
I, 1H88.
GENERAL
QUOTATj[OX,S or „....-
••
Tor BxplkoaUODB
A*k.
Bid.
Kailuuai) KoNnii.
Notsa at
l^d
liJJ
BONDS—Coxtwubo,
A.NU
of PtratPaKe or <laota(|o««.
HAiutoAn Bund*.
kMk.
Bid.
Bailroad Boto*.^
Itoli.Tnli.AH !
Lanil
CTr
.Kv.l.v
fi.
)
r.
ii.'o
1
I
K
119
lia
120
A
M
-vW.,
1
Ati..
Iikdiium;^
119<(
.I.V.I
.
'lUTij lOH
Ill's USHi
ilottv Airl,.— Ut.7»
SJ,
2„
,1«I,7h,k,.(.-iii\..1!>02
5s. I'.IOl..
58, tiebentnre,
J*J
48,1919,
now
Ohm -Ob,
(!,<,
do
r,x,
I'l-t
1902.. M.ts! 118
I
lOlO.MAN
rl'.-3
1-24
lsnn...AAO
121
123
«.,
Partterslmi-K Br.,
tin,
iKt, tunni'l. G«, K.,K'd. 1911.
AAO
Bell's (Jap— l«t, 78, 1893
J&J
100.5
F.feA
A«k.
'
123
103
um
'4
2d
A Toledo— 1st
do
118>4
!tf.,
79,
75>«
'
:
1
mort. borina
1
2d mort
|
OhloAW.Va.,l8t,9.f.,78,191oMAV
'119
1100
107
J&.r,U17i4ill734
107
;i9
r»03
I
4s. (N.-vi, r,iM>
.
1
I
C
J.&J'tlOU'a'107»v
I123><
123 "«
Bost. A rrovldcmce— 7a, 18!t3..KW 11113
113
Bost..v- H.>V(Tt< B'li— l»t,G«.'97. J.V.I 112
ISIHI
\Mh
Maine— 7», 1893-94. J.t,l
100
98% 99
IICol.8prlnirf.AC.— 1st. 7s.l'i'- "T'
119^ ICol. A Xenla— Ist M., 7s. 1
...
U
:'U
109
1
AAO
1
K.— Ist.fis, 1932
103%
If
if
70%
lOi
IM
loiia
132%
120
iiiia
I
48%
id"
I
Brixlf.Klil.&Ciilm— li<t.6s.l932,IA.r
«klynriath&C.I.-l.iit,6s,1912.FJtA
Brookh 11 Elevated— Istmortg
91"
9114
2il iii.irts
Hrad.&P.— (ien.M.7».'i)G..I&,r
100
9ft
128% 130
Buft.N.Y.&Erle-tst.7s. I'UO.J.VD
30
Bua.N.Y.A Pli.— l8t,69.K..1921.J&J
2d mortsase. 79, g., 1908 Q—
35
120
113
113
X21
53
I
. . .
M&S
A*0
AAO
19-'4
Biiff.PlttHb..M W"08t.-68,1 921
Pitts. Titu8V..V B.— 7«,1896FAA
Oil Creek, 1st .M., 69, 1912.
Union Titnsv., l8t, 7»,'90.JA.I
A
do
•
(
119»4
119i«
1
ISH •20 Hi
78, 1900..rA.li
J&.II
1st luort.. "8, guar.
lV8»»!
1118
Boston .(c Lowell— 7«, '93
Gen. M..Gs,
t
AAO'
Hopk. \ai. .Y I'ol.— r'"Col,AHopk.V.-lst.M.,7-
i
E.— l«t,
*i
I
101
82
.
.
Ool.
Col.
•
I
Boat.Cinp.A.Mon.-S.P.,68,'89..IAJ!ll03
A&O 1111
CoHsol. iiiort.,7». 1893
BrHilIor.lliord.
M. 7".'93.A AO tll8
•''
,^.K..:t.i.t'i\\
6s, 1910.J<l.T|
'
•2d iiici;
10«>« 105
ii«"
f*.l'
I
1
.t
I0514
lio
Kvn,
J4.I
1
.
i.'oliiinlii
,
A*0
1913
Celvkli'ip Del.— lat.G8,c.,1902.JAI)
U&?
2d iiuiit., G», 188.5
f&A
3d luort .68, 1887
Boston it Albauy—7«, 1893 ... F& A 1 1
JAJi'lI9
68. 1SH5
189G
MAN
1913
*
ClfiV.tt.M.
10,5
.
I108«8 108''el'conn. APassuinp.— .H.,7h,
Con-,
,i,v,|i
(9214, 92\
Miissawlppl, g.. Gs.giild. •<:i.iA.J
N<!b.UK.l8t,7a,'96AAO Illl'4ill4^ iCoun. Val.— Ist'M., 5s, 1922
la
O1U..V .s,W.,l9t.88,.IAI)il 121is|i'25'a IConu. West.- Ist M., 78, 1900 JAJ
..AAO
113'i!ill4
'IK)
Isl.Hs,
hConneetlng
Ist,
6a
..MAS
(Phila.)—
ni. Grand Tr..
Dixon Pco.AH., «t,8«,l«89.JAJll Ut'^ lU'u'lConsol.KK.or Vt., lat, 5a, 1913. JAJ 70
101
mo;
Cumberland A Peuu.— Ist mort.
Ott. O8W. A Fo\- K. 8s. 1900, JAJ II 127 141128
10
QuiiicyA Wars' w. 1st, 8s. '90. J.V.r llSia Ill's
d mort
112:;
'4!
MAS
122%
Neb.-lsr
78,1907
Ciiiniierl.Val,—
lstM.,8s,1904.AAO
ttch'n A
21
Dayton AMioh.— Consol. 5s
JAJ HOI
Chic. A Can. Hn. — 1st, 79, 1902 A AC
3d mort.. 7s, 1888, now 2d..\A0 i 105 la
Chic. A East lll.-lst mort. 69, 1907 no's!....
Income bonds, Ii>07
D.iyt.A West.— Ist M.,6a, 1905.JAJ tuo
ij
il.".
89
goM.
1934
98>l
....
AAO
,.TAJ; 1119
Ist, eon.,
1st mort., 79, 1905
95 llOO
Chic. A Or. Tnmk-lst mort.. 1900
Delaware— Mort. ,6a, guar, ,'95,TAJ
1109
JIlfli,l.,isii,—
111
lst,88,'89.MA8
1
Chie.A
Del. A Bounil B'k— I St. 7s, 90.5FA A
Chie. Mil, A St, PanlDel.l-ack.A W.— Conv.79,1892 JADl
MAS]
P. du C. Div., Isi, «9, IS98. FAA 133
Mort. 78. 1907
P. D.,2d M.,7 :!10s, 1898 .FAA 12,5
Den. A Rio O.— lat, 7«, g..l900.MAN
6313
129
St. P. AChie., 7s, 1:.. 1902. ...JAJ
Ist consol. mort.. 78. 1910. . . . JAJ
JAJ 1161-1 US'!
l8t .M.. 7s. 1893
AAO 221s
La.
General mort., .59, 1913
118%
7s.
120
1897
,IAJ
Denv.AK. G.W.-lst, 6s, 1911. MAS
I. A M., Ist M.,
171s
116»S|
60
Denv.S.P.A Pac— l8t,78.1905 M.tN
I'a. A Dak., Ist M.. 7s, ia99.JAJ
60
120'sl Des M. A Ft. D.— lat. 6a, 1905.JAJ
Hast. A Dak., 1st M.,78, 1910.JAJ
128
21
incomes
Chic. A Mil., l8t M.,78, 1903.JAJI
do
25
1st mort.. consol.. 78, 190.5. .JA.I
Ist mort.. 69, on extension
I22I9I D.)t.AB.C.l.st,89.en.M.C.1902MAN| 118
1st M., r. A D. E.xt., 78, lOOtJ.feJ 122
Det.G.HavcnAMil.— E(iulp.Gs,1918 •111
Ist M.,6s, S'thwest Dlv.l909JAJ 1131s
99ie
Con. M., 5* tlll'84, after Gi. .191H ;iii
l8t M., 53. La C. A Dav. 19i9JAJ
113
JAJ
111
80. Minn, lat (i9.l9lO
Det. L. A North.— Ist, 7s. 1907. JAJ tl'20is
116»8 iDet. Muck.A M.— Ist. 6s.l921.AAO
Chic. A Pac. Div. Gs, 1910 .. .JAJ 115
Land grant, 3iss, 1911
do West. Div., 58,1 921. JAJ 98^8 99
97
9718
Income, 1921
Mineral Pt. Div.. 58, 1910... JAJ
98 102
Dub. A Dak.— Ist M., 6s, 1919. JAJ
Chic. A L. Sup. Div., 59, 1921JAJ
98 14 Dub.A S. City— lst.2d Div..'94. JAJ
JAJ
Wis. A MUin. Div.. 5a, 192 1
OlJj |Dunk.A.V.AP.-l8t,79,g..l900JAD
JAJ 91
TeruiiDla .58, 1911
Dubuciue Div., l.st, 68, 1920.JA.I no's 111
iEast Penn.— Ist M.,7a, 1888.. MAS
100%
Gs,
101
1920. JAJ
E.Tenn.Va.AGa.— l8t,7s,l900J.U
Wis. Val. Div.. 1st,
52
Chlc.ANorthw.— S.r.,l8t,78,'85FAA 10338
Ist mort., consol., 5s, 1930 ..JAJ
139>4
Q— l'^
11
Consol. inoit., 7s, 1915
Income, 68, 1931
FAA 1033e
JAJ 931s
Divisional, 58, 1930
Extcn. mort., 79, 1885
FA.4 103 3e
95
E. Tenn. A Ga., 1st, 63,'83-86.JA.I
Ist uiort, 78, 1885
130
95
E.Tenn.A Va.,end.,6.s, 1886. MAS
Consol., gold, 7s, op., 1902.. JAD
130
reg
JAD
Ala. Cent., Ist, 68, 191S
JAJ 93
do
do
AAO 115
Eastern, Mass.- 69, g.,1908. .MA.8 112218
Sinking tuud, 6s, 1929
AAO
58,1929
Sterling debs., 69, g.. 1906. MAS ni8
do
debent., 5s,1933.MA.V ioiifl 103 >4 Ellz.. City A Nor.— 8. F. deb.,63..VAO
do
MAN 10,^111 102% l9tmort.,6s, 1920 ...
MAS
2.5-vrs. deb. m, 19t>9
Elizab.l*x.A Big 8.-69. 1902..MAS
Escan.AL Sup., Ist. 68, 1901.JAJ 108
EiiniraAW'nmpt— l9t i>s,1910.JAJ 117
De9 M.A Minn's, l8t.78.1907. FAA 125
AAO 101
Iowa Mid., l8t M.. 8s, 1900. AAO
58, perpetual
Erie A Piltsb.— •2d, now lat.. ..JA.I 105
Peninsula, Ist, conv.,78,'98.MA8
127
JAJ III
Chic. A Mil., Ist M., 78, '98. JAJ
Oona. mort., 78, 1898
AAO 102
Mil. A M.id., l9t, Gs, 1905...M.A.8. 115
Equipment, 78,1900
Madison Ext., Isl, 7a. 1911. AAO 1127
Evan9v. A Crawf.— l9t, 7», '87. JAJ 100
Menominee Kxt..lst,7s,191I,rAD't 126>s 127 >« Evan9.AT.H.,l8tcon.,68,193l,JA.I
I28J4
AAO
Northwe.st.Un.. lsi.7s, 1917.MA8 I
Mt. Vernon— let, Gs
Coii8i>l. Ok.
Bosl. Hart. A
135
I
AAO
A
do
do
do
do
'20
U*
«»U.& Pofc— l«t,(i», it.llUl.JA-.l
.r.v.l
JAI),ll02Hi 103
Mo. R.. iM
C.H.
do
Biir.AMo.(N«b
Bur.
107
115
MAS
ti.i, ir.,
4s,
102
'
Iowa l)lr..,........AAO 105
AAO 08 >9 99
do
98 1«
FA A 97
Denver Div., lOS'i
MA8 90 90>4l
plain bonds. 1921
48,
<>*
1885.. A&O
l.-iii.-.
Bterllui? uioit.,
IJ'i
70
Grt
lis
J.klJlllOO
Bt«rimK.
NfWSi,
1895
r.8,
58, 1919,
Btflrlintt.
(i.i.
u.
Bonds,
1"
Inwnipn. 1!>10
Ooutnil nivislon, old,
mih.,Vm, l;»v.,
litr. tiiirl ,v
VIH 72
!>», 1'.I27
M.. 7
O'iH Clev.A PUIS.— 4th.
Consul. 8 V 7s,
lMo.-l8t 68.1910. .JAJ
do
e»Itlmoro .t
,
K.'ii.i. ,v incl.
'
.
^.
<:
'
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HI
1911
1934
<
'
1
,
i...l8t,7«, 1;.
I.— 1st, 78,
.7s. 1914
li
1
'
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«. V
CIi
:;i;:.'
1
TK. r.llll. L'UMl'.
,
A
.T^.i;..'*.'
!'.
\\
Atliuitl.-
M
lilt
,1..
B.
"
Dor'ilo, iHt.TK.A.VO
».Mi'X.&9o.Pi«'..l
Pud 'n ,t Ark. v..
Buft.
•
3m
10
^'
\
A.V'
Boston
Bid.
•
••
i'l:
I
4'
68.
•
•
1
fun
-
1st.
•'.•
itniiii.
Bliililiii:
O
1
!,
1
. . .
35
3>«
Warren.t Fr'kln.l»t,78.'9GI<"AA 102\ 103>4
<Bafl.& Southwest.— Us, 1908. J.&J
Bur.C. R.&N.— lst.Ss.new.'OG..IAli 108%
97
98
Con9.l8t Acol tr., 5a.lU;U A&O
C, Rap.I.F.A N.,l8t.Gs.l920. AAO
95"
do
l8t. .5«, 1921. ...AAO
.100 101
•XJallfor. Pac— Ist .M.,7a, c.,'87.JAJ jlOO
2d M.. 68, g., end C. Pac, '89.J&J .'100
id M. (guar. C. P.), 68, 190.5. JAJ 90
50
do
do
38, 1905. .I&J
29
'California So. -1 at, Gs, 19'22...JAJ
30
Oamden A Atl.— l9t,78, g.,'93...TAJ
Zdniort., lis, 1901
A&O
Cou9. 68,1911
TAJ
Oaiu.A Bur. Co.— 1st M., Gs,'97.FAA
99% 100
0»na<la 8o.— Ist .M..Knar.,1903..IA.I
2il iiK)rI.,59, 1913
MAS 78 >s 79
Carolina C«iit.—lst,Gs,g.,1920..IA,T 102
AAOI
80
2d, liK!.. (la. 191,5 ...
<3»tawiK'<ii-Mort., 78, 1900.. .F.tAl 127
130
WluonaASt.Pei.- lBt.79,'87.JA.ll 105
Evansv.T.H.AChl.— Ist, 7s, g.MAN
AAO
114
do
2d M. 7s, 10O7..MAN 127ii
Fitohbnrc— .5a, 1899
Ce<lar K. A .Mlii.— Igf, 78, 1907.,I>feJ
AAO
5a, 1900-01-02
Cedar K. A Mo. -1st. 79. '91...FAA iVo' no's
Ott. C. F. A St. P., 59. l909..M,V.Si lOli*
130
AAO
181 uiort., 7fl, 1916
MA.N 125 127
Chlc.R.I.APae.— Gs, 19l7,ooup.JA.I
Ga, 1897
AAO
2.1 jiK.it.. 7... ino'.i
lAJ
130
,r
JAD 1193j 120
78,1891
68, 1917, rog
lis. MAN
103
JAJ
CerPIxlen. A col. 5a, 19;M
no's Flint A P. Mant.- M. 68,19'20.AAO,
Chlc.A8.W..l6t,7.-,i:iiar.,'99..MANi
y
MA .N 103>s
Hollv W. A .M., 1st, 8s, 1901 JAJ:
A
M.fcN lUU
Chlo.St.L.APitt.— 1st, -.s. 1932 AAOi
Ft. Madison A N. W., 1st 78. g.,1905|
A
-F 94 >8
Chic. A (it. East,. 1st, 7a, 93-".i.5
Ft. Worth A Denv. (!.— Ist, 6a, 1921
92
A
121
-F
Col.AInd. Cist M..7S, 1904.,l,^Jim7
Frcmt Elk'nA Mo.V.— 68,l933AAO
110 113
CCMi
:,Vj
2>1 M -s,l!)0l,MA.Vl lOlT
do
Gal. Har. A 8. \.—
-..
95
.,AAO|H12is
FAA
l8t, 6s, g., 1910
Un.A Lngansp,,'
J.tD
0»'i,
W.I
On. A rliie. A,
2d mort.. 78, 1903
94
III.
'Cliic.8t.P.Min,Aii'
,1930
112'9
West. Div. Ist, OS, 1931. ...MAM
>,vOi
Ka..>urii Div.. Ut, i^. liU2..A.kO!
:,i..,lJls.MAN
70
Oh.St.P.AMinn.
122 >4
do
2d, Gs, 1931.. .JAJ
Tll«. Div., l8t, 68. 1912
AAO
60
Qal.Hoiis. A Hen.— lsl,5s
AAO
North Wise. 1st 1,.. I'x.w ,...IA,i!
JAJ
Csnl'I i.f N'. J, Isl M,7--,i>irio.F.v,v: !13iaill4%
St. PanlAS.Citv, 1^1 Gs.KllD.AAO
Georgia—78, 1883-90
ifjllOS
JAJ
'(^lllc. AToni:lIl.~Sc:ili. lilOo
117
6s, lc89
li ,101
Chie.A W.liid—S.I.I, lis, 1910 MAN
Georgia Paeltlo-lat, 68, 1922. JAJ
'18 In 109
A
General mort., Gs. 1:»:J2 ....Q-.M|
2d mort
106»s
<
is, liio.:i
.\Ut.\
61
Gr.Rap. A Tnd.— 1st, l.g., g'd, 78, g.
iClu. Hani. ADayl- (on.sol.Ss AAOtlOJ
101
In
AAOi'120
1908
MAN
1st M.,78, l.g,, gold, not giiar.AAK)
Oousol. mort., 7s, 1005
r.. ..--.1:1J1 ,7AJ
Gs, 190.5
83«4l 81
AAOilllOis
A
do
Ex land grant, lat 78, '99
' vV
OIn. H. A I., lat M., 78, 1903.JAJ no's 11114 Gr.ByW.ASt.P.- l8t,68,1911.F.4A
M 97" ..'";; Cin. A Eastern— 1st, 78, 1896 JAJ
60
2a, incomes, 1911
<hn
Vf 110 iiii
26
'2d mort., 78. 19110
Gulf Col. A 8. Fe— l8t, 79,1909 JAJ
1I1:>1'1I2
Cei'
.V J
('on9ol.,g"ld. G«. 1913
5
AAO
2d, 6s, 1923
vO 1051, loe") Uin. I. St. L. A Chir, - Con. 69, 1920;tl0,Dsllb5
fHan. A 8t. Jo.- Con. 6s, 1911.. MAS
,v.I
97%:
C.-.:.
Olu.A Indiana. Isi M,,7a,'92.JADif 109
Housatonie— 1st M.,7s. 1885. FAA
wfics 11.
1892
97%
2d M.. 79.'87-92.JA.I l| 105
do
do
Ho'st.E.AW. Tex.— lat,7a,'98.MAN
107
Cal.A Or. C. P. bonds, 6s,
rndlanapoUsC. AI,., 780f '97.. .1112 115
JAJ
2J.W 100 1102
•2d, Gs, 1913
Ij»nd irrant M., 6s, g., 1890. AAO 103
Ind'apolisACln.. •t,7s.'ss. A.to Hoi's 106 14 a.A Tex.Con— lat m.,79,gnar.lH91
104
^v
I'anf., 1st, 69, g., '99..JA.I 108 Is
Cln.Laf.ACh.- 1
West. Div., 1st, 7s, g., 1891.. JAJ;
I10>s
'ol.AA.-Coiis.,78,'95.JAJ 106
Cln. Nortliern.—
WaooAN.W.,l8t,78,g.,1903.JAJ
35
.1
1108
'l.,7s, 1910
.,)
AAO
JAJ 1112 106
Cm. Kii-li. ('111.
Cons, mort., ,89, 1912
Isl,
Cbiiuw ADarl.— l8tM.,88,'88.AAO lO'l
g...JAl>!.lo9
7*,
WaooAN„8s, 1915
Cln. K'
no's'
2<1 m.u-t., 7s
lOi
Gs, 1»O0..FaA1| 10278103
Gcu. mort. Gs, 1921
.\A0
Cln. s
Clies, A Ohio— Pur. money fd.,1898' 1091a no
1
MAS 103 ,103
7e, 1
Hunt. A Br. Top -Ist, 7s, '90.. A.vo
1800
Series A, 1908
AAi)!
K
lOl
C<n!sol. moll..
JAD'llOG 108 >4
2d mort., 78, g., 1895
giild.
,t
I
ser.H.lnt.def.
1908.
7s,i:.<
'(><
A
.MAN
.lOOl.AAOl
68,
68
Cln.ASp.—
110
Cona. 3d M. 5s, 1895
J
68,ciirnMii-v, int. ilef.. I91H..JAJ;
23<4! 21
rs. guar.. I..S.A .M.H.. li»0l..AAOi !>•"'
tU, f',.nt. — Isl. M.'i'hic.A Snr.'MS.i
AAO.I
6s. 1!U1
[Cln. Waahinuton A Bait.—
M
<^e«.0. AS.U -M i.iis, 1911. FAA
Ist .M.. guar, liss-Sa, 1031.MAV
lom*
Cheahire -Gs, l^'iG'is
.T.VJ'1 oa <« \0»
JAJl
57
81^
^
21 mort., 5s. l»;u
„ --- -!-.
'
'
141.
VZ2H
122
50
89
97 >•
i
. .
:.'.
;
I
I
<.-.
106>a
>
i
-
I
'
I
i,
1
.
1
,
118>a
'
I
1
i
'
1
'
.1.
|
I
.
I
'
j
:
1
1
'
'
i
* Price nominal no
;
late transactions.
t
Purchaser also pajrs accraed interest.
I
.
;
In London,
.
-
}
Coupon
off.
MJ
J
J
,
T^
THE CHRONICLE.
[Vol. XLI.
GENERAL QUOTATIONS OF STOCKS AND BONDS— CoxxiNnED.
For Explanations See Notes
Raiuioad Bonds.
Bid.
llUnois Central— {Continued)
J&D
J&K
M&N
J&D
:107
Bterllnit, 5s. 1905
Chic. St. L.& N.O.— let con. 7s,'9'
2dmort
Ten.
6s, 1907
lien, 78, 1897
68, 1951, gold
Ask.
109
125
118
126
112
& W.— 1st, pf .,78, 1900J*J 100
A&O
A&O
East.Dlv., 1st mort. 68,1921. J&D
Istmort., 5-6, 1909
2d mort.,
"so'
1909
5-6,
70
52
68
income
do
87
68, g., guar.,
1900.M&N 100
& Gt.North.— l8t,08,1919.M&N 110
Coup. 6s, 1909
M&S t.
Ion1a& Lansing— let 89. '89. ..J&J 109^4
lowaClty&West.- l8t,78,1909M&S
ra Falls & 8I0UX
Ist, 78,'99A&0 I2214
90
Jefferson— Hawl'y Br. 7s, '87.. J&J
Istmort., 78, 1889
J&J 961s
-Jefl. Mad.& Ind.— Ist, 7s,1906.A&O tll3
2d mort., 7s, 1910
J&J '11
Junction (Phil.)— l8t,4Vi8 1907 J&J
2d mort.. 69, 1900
A&O 117>4
Kan. C. Cllni'u & SprlngHeld— 18,5b 100%
K.C.Ft.8cott& G.— lst,78,1908 J&D 111931
Pleas. Hill & De Soto, Ist, 78, 1907 fl07k
Kansas C. Lawr. & 80. let, 6s. 1909 tl09iv
K.C.8t.Jo8.& C.B.—M. 78,1907. J&J 1124
K.C.8pr.&Mem.— lst,6s,l923.M&N
Kentucky Central— 6e, 1911... J&J iV3
Stamped 4e, 1911
J&J
Keokuk&DesM.— l8t.58,gnar.A&0 1081s
L-Erie & Wesfu— lst,68,1919.F&A
72
12i£
Income, 78, 1899
70
Sandusky Div., 6s, 1919 ....F&A
10
do
Income, 1920
LslI. B1.& IIun.,l8t, 6s,1919.M&N
73%
do
Income, 78, 1899.
Lake Shore & Mich. So.—
C—
110
1221s
1241s
l'l'3'l4
75
MA.' t....
Ist, 7s, 1891..
L.I.City& Flushing- 1st, Ks.191]
Newtowu & Fl.,
A&O
M&S
A&O
M&S
Cons. Ist, 7e, 1898
Cecillan Br., 7s, 1907
Louisville loan, Os, '86-'«7
Leb.-Knoxv.
Louis. Ciu.
&
68,
1931
.
.
115
109
I23I3
102
100
M&N
Lox.. 6s. 1931.
100
Mem.& 0.,8tl., M.,7s, g.,1901 J&I) :n8
M.&Clark8v..st'g,6s,g.,1902 F&A JllO
N. O. & Mobile. 1st Os, 1930. J&J
84=8
do
2(^,68, 1930. ...J&J
Peneacola Div. ,181,68,1920.. M&S
Loui8 Dlv.. Ist, 6s, 1921 .M&S
St.
.
^ do
Nash.
92
104
2d.,3s„1980.M&S 46
& Deo., ist 7s, 1900.. J&j 116
E. H. &N., IstGs, 1919
J&D
Gen'l mort., 6s, 1930
J&D
Bo.&No. Ala., 8. F.,6s, 1910 A&O 91
Ist mort., sinkmg fund, Ss
Trust bonds, 6s, 1922
Q—
.
Ten-forty Gs, 1924
'."m&N
L'ST.N.A.&Chlc— lst,6s,1910. J&J
Gen. mort. 68, 1914
a&O
Lo'lsv.N.O.&Tex.-lat,5e, 1 931M&9
78, 1898.. .J&J
Exten. bonds, Gs, g., 1900. A&O
Cons. 7s, 1912
A&O
Andro8C0g.& Ken. ,68, 1891. F&A
1120
1110
1124
1106
Leeds & Farni'gt'n, 69, 1901.J&J 1109
Portl. & K.,Con8. M., Gs, '95. A&O 110
ilan.BeHCh Imp. Mm. ,78, 1909,M&S
N.Y.& Man. Beuch. lst78,'97,J&J
Marq'tte Ho.& O.— Mar.&0.,88, '92 UI2is
69, 1908
M&8 93
e.'i, 1923, new
J&rj
87
Mem.&UR'ok- l8tmort.,S8, 1907 106
Mempb.* Charl.-l8t,7R, 1015.J&J lli
2d mort., 78, extencled
J&J 115
iBt cousol. 79, 1915
J&J 101
Ist. cons.. Teun. lien, 78,1915 J&J 109
Metrop'n Elev.— Ist, 6s, 1908. J&J 1131s
2d Gs. 1809
M&N 102
Mexican Cent.— Ist, 78, 1911. .J&J (36
Xncomefl
Debenture lOg,
1890-95..'.'.'
*7rlee nominal;
A&o
j&j
107
6ie
69
74
no late trajuaoUou.
104%
119
103 14
103
S2ia
141*
319
118
119
125
Cen. & Hud.—
Debtoert., ext. os
M&N
77i«
96
83
23
121
118"fl
123%
108
1121a
120
.
1
1041s 106
167
69
Osw.&Rome- IstM., 78, 1915.M&N 123
Panama— Sterl'gM., 78. g. '97.A&0 ;iii
113
Sinking fund sub., 6a, 1910. M&N
101
[ibo' 103
Subsidy bonds, Eng. issue, 68
126
Paris&Dec't'r- lstM.,7s,g.,'92.J&J
40
nils 1121a Penna.— Gen. M.,G8,cp., 1910Q—
IOSI2 107 "a
2914
Gen'l mort., 68, reg., 1910. .A&O
120
Cons, mort., Gs, reg., 1905. Q—M
26" 1221a
do
69. coup., 1905.. J&D
Collateral trust, 4ias, 1913. .J&D
Consol. OS, 1919
J&D
loiiia
Gs, reg., 1907
O — lu7is
9!l% 100
do
1st M.,4i28, 1921.J&J
l'23i4
'90.
Penn.& N.Y.Can.- 1st. 78,
J&D
l8t mort., 78, 1906
J&D
Penn. Co.,
101
New'kS'set&S.— l9t. 78, g.,'89.M&N 100
90 100
N'burgh&N.Y.— Ist M. 78,1888.J&J
New Jersey & N. Y.— 1st mort
lOu
N. J.Southern- 1st M.,new 6s. J&J
N.Y. & Can.-£ M., Gs, g., 1904.M&S llli" 114
New York
.
Lowell, 1st, 58. '91
Oreg.&Cal.— Ist 68,1921
J&J
2d mori., 78
Oregon* Tranecont.—6s,1922M&N
111%
114% 115
1910..J&J
1894 J&J
106
Pensacola & Atlantic - Ist m..M&S
Peoria Dec.& Ev.— l8t,68,1920,J&J
Incomes, 1920
&7
25
35
EvausviUe Div.,lst Gs,192u.M&S
do
income, 1920..
21
30
Peo.& Pckin Un.— l8t,6s,1921.Q-F 1031s,
134
Perkiomcn— 1st M., Gs, 1887.. A&O !0
....
134 H
Cons. mort.. Gs, 1913, sterling
;70
SO
Debenture ,=19, 1901
M&S 1051s
Petersburg -Class A, 1926 ....J&J
102
116
Sterlingmort., Ga, g., 1903. ..J&J (119
121
U'lig
Clas^) B, 1920
A&O
110
New York Central- Gs, 1887. J&D 105
Phila. & Erie-2d M., 7s, 1888. J&J loBia
83I3 "84
N.Y.Cbic.&St.L.-l8t,Gs,1921.J&I>
Gen. M.. guar., 6s, g., 1920. .J&.I {119
121
2d Gr, 1923
45
M&3 4II2
Suubury&Erlo, lstM.,7s,'97.A&0
107
N.Y.City& No.-Gen'l,6s,1910M&N
Phila. & Reading—
Trust Co. receipts
405e 41
Ist, 6s, 1910
J&J
N. Y. Elevated.- 1st M., 1906.J&J 121
r.;3
2d, 78, '93
A&O
15
N. Y. & Greeuw'd L.— 1st M. inc. Gs
Debenture fis. 1893
J&J
120
2d mortgage income
2
5
Con9ol.M.,7s.l911,reg.&cp.J&D 119 120
112
N.Y.&Harlem— 7a.coup.,190b.M&N 1361a
Consol. mort., 6s, 1911
J&I)
95
N.Y. LaoU.& W.— Ist.Gs, 1921 J&J 122 '.a 125
Improvement
mort., Ge, '97. A&O tH4
96
82
2nd, 5s, guar., 1923
F&A 102 1021a Gen'l mort., Gs, 1903
73
J&J
N.Y. L,E.& W.— l8t,7a.'97,ext.M&N 125
251.
Couverllblc, 79, 1893
J&J
2d mort. oxteu., 58, 1919 ...M&S 109
C.ms. 53, 1st series
M&N
IO6I2 lO.S
3d mort. ox. 4159, 1923
F&A
.\1&S
Cons.
5s.
2d
series
II6I3
4th mort., ext., 5a, 1920.. ..A&O 110%
Conv. adj. scrip, 1888
J&J
40
111
5th mort, 78, 1888
J&D 108
Scrip for 6 deferred la coupons
101 14
let 00U8. M., 78, g.,1920
M&S 120
Deferred income
New 2d oons. Gs, 1909
J&D 611a
Income mort., cous. 78, '96, J&D
Collateral Tr. 63. 1922
M&N
Coal& I., guar.,78,'92,e.x-cp.M&S
9bH
Ist cona. fundcoup.,79,1926 M&S 114
120
Phila. Wil. & Bait.— Gs, 1892.. A&O U08
110
2dconj.f'd cp., 59, 1909
J&D
A&O 114 II413
Gs, 1900
96"
Reorganizat'u lat lieu, Gs, 1908
J&D tlOl>i4 106%
.58, 1910
Gold iacome bonda, Gs, 1977 ..
Truat certs., 49, 1921
9714
J&,
Long Dock mort., 7a, 1893.. J&D 1141a
Pittsl>.Bradf.& B.— lst,68l911A&0
70
122
N.Y.& X.Eug.— Ist M., 78, 1905J&J II714 1171a Pittsl>.C.& St.L.— 1st, 7s, 1900.F&A 121
112
Istmort., 63, 1905
107 13 108
J&J
2d
mort.,
7s,
1913
A&O
1-25
2d mort., Gs, 1902
F&A 79
81
Pittsb.Cl.&Tol.-l9t,68, 1922.A&0
107% N. Y. N. H. & H.lst r. 4s,1903.J&D
Pittab.&Con'llsv.- l9tM.79,'98.J&J 12.' t|22%
llOia N.Y.Pa.& O.— 1st, inc.,acc.79,
;23
24
190,
Sterling con9. M., 69, g., guar.,I&J 122 1124
112
do
prior Uen,iuc.ac.,5-68,'95 J91
98
Pittsb.Ft.W. & C.-l8t,78,1912 Var 13iHs 1401s
75
2d mort. Ino
:5
6
2d mort., 78, 1912
J&J 13'i
'_,',
3d mort. ino
)2ia
[[
3d mort., 78, 1912
31a
A&O 134
113
L'sed L.rental tr'8t'73/r'ru8.'cer.7B {GO
62
Pittsb. McK.& Y.— l8t,69,1932.J&J
100
West. ext. oertifs, 88, 1876. .J&J {30
40
Pittsb. & West.— Ist mort
88
„.„^tlo,„ do 79, guar. Erie {30
40
Portl'nd&Ogb'g— l8t6s,g.,1900J&J
95
110
N.Y.Prov.&B'n-Gen.79, 1899.J&J
25
Vt. div., 1st M.,68,g., 1891. .M&N
120
N.Y. 8n9q. & W.-lst. 68, 1911. J&J 'j's'f" 'ss"
Port Royal & Aug. -1st, 6s, '99. J&,I 101
105
Debentures Gs 1897..
F&A
Income mort., 6s, 1899
J&J 35
89
90
Ren.&S'toga— Ist 78,1921 cou.M&N 140
vT*i''^i','l "'^- J--lat,68,19l6.A&0
N.Y. We.9t 8. & Buff,-59, 1931.J&J
43 14
l8t, 79, 1921, reg
M&N 14'J
1I3S8
Receiver's cert..
83
90
Kioh'd & Allegh— l8t, 78, 1920. J&J
54
57
1021s Norf k &W.-Gen'l M.,68,i9'3i 'mAN
89
2d
mort.,
Gs, 1916
.M&N
40
New River Ist Os, 1932
A&O
Bich'd & Danv.— Con..68,'90..M&M 105
1051ft
8i<
Norf'k&Petersb.,2d,8R, '93. J&J
General mort., Gs, 1915
J&J 10214 1U3
71
South Side, Va., let, 88,'84-'90.J&J tl04
Debenture, 68, 19B7
A&O
73
do
741a
2dM.,ext.,1899!j&J 1 105 is 106
Piedmont Br., 88, 1888
A&O 108
t Purohaaer also pays
accrued interest.
[u Loudon.
J Coupon off.
Mort., 7s, coup., 1903
Mort., 7s, reg., 1903
J&J
J&J
1
Maine Ceut.—Mort.
BcrlplOs, 1889
101 Is
II8I2 Nasliv.&Deeat'r.- l8t,78,1900.J&J
Natchez Jack. & Col.— 1st, 7fl. 1910
Ne.vark & N. Y.— l9t, 79, 1887.J&J
L.E0CR& Ft.S.— l8t,I.gr.,7s '95. J&J lusifl 109
I«ng Island— l8t M.. 78, 1898.M&N 121
109
N. Bedford
B., 58,
RR., 78,
Framigham&
97
Morg'n'sLa.&Tex.,l8t,e9,1920J&J
Istmort., 78, 1918
A&O 105
Morris & Essex— 1st, 78, 1914 M&N 140
2d mort, 78, 1891
F&A 11738
Bonds, 78, 1900
J&J
General mort., 7s, 1901
A&O
Consol. mort., 78, 1915
J&D
Nashua & Low.— Gs, g., 1893. F&A
58, 1900
121
Nash v.Ch.& St. L.— 1st, 78,1913 J&J
127»8 128 1*
2d mort., Gs, 1901
J&J
127
1st, Tenn. & Pac, 69, 1917... J&J
117 118%
l8t, McM. M. W.&A.,Gs,1917J&J
Miami- Reuewar58,1912..M&N UOo
108
Q—
IO8I2 109
ftawrenee— Ist luort., 7s,1895.F&A
Lehigh Val.—l8t,6.s.coup., '98. J&D 124
1st mort., 6s, reg., 1898
J&D 123
2d mort., 7s, 1910
M&t 1371s
Gen. M., s. f., 6s, g., 1923.. ..J&D 12534
l<)n'T.C.& Lex.— lst,78,'97 J&J(et)
2d mort., 7s, 1907
A&O
Louisville & Nashville—
J&D
&N.
B. C. F.
Collateral trust Gs. 1892 ....J&J
1st extension 6s, 1927
&
Q—
,
4th pref. debentures
New mortgage, Gs, 1927
104
112
Bafl.&E.,newl)d8,M..7s,'98.A&0 122
iBt cousol. 5s, 1931
South Side, 1st, 7s, 1S87
Bid.
1
101
120
109
110
Cleve. & Tol.,2d M.,78,1886.A&0
CI. P. &A8h.,new78, 1892. .A&O
L.
Railroad Bonds.
Norfolk & Wesl'n-(Contin'd)—
191a
Mexican Nat.— 1st, 68, 1912 ..A&O
South Side, 3d M.. 6s,'86-'90.J&j;tl06
Michigan Central.—
M&N 126
Va.& Tenn.. 4th M., Ss, 1900.J&J 1 23 "a
Cousol.. 78, 1902
do
M&N 110
extended 5e,1900.J&Jl 101
Consol. 58, 1902
nils
nil
North Carolina— M.. 88, 1888. M&N
Ist M. on Air Line, 8s, 1890. J&J
Air Line, Ist M., Ss, guar. .M&N H0913 noil North Penn.— 2d, 78, 1896. ...M&N
Gen. mort., 78, 1903
J&J
Gd. Blv. v., 1st 88, guar.,'86.J&J 1102 Is 1031s
M&8
New loan, 68, reg., 1905
M&S,
6s, 1909
100
Northoa8t.,8.C.— lstM.,8s,'99,M&S
M&S
58, coup., 1931
M&S
2d mort.. 88, 1899
M&S
5s,reg., 1931
Northern, Cal.— Ist, 68, 1907. .J&J
Kalamazoo &S.H.,l8t,8s,'90.M&N tl08% 109
North'n Cent.— 2d mort., Gs, 85.J&J
J.L.&8ag.NorthExt.,88,'90.M&N
H814
3d mort., Gs, 1900
Con8.1stM.,88,'91.M&S fllS
A&O
do
Con. mort., 6e, g., coup., 1900. J&J
M&S tl03
68,1891
do
120
Gs,g., reg., 1900
A&O
Joliet & N.Iud..l8t,78 (guar.M.C.)
Mort. bds., 5s, 1926, series A J&J
Mich. & Ohio-lst, Gs, 1923 ..M&N
95 100
do
series B
Mldd. Un. & Wat. Gap— let mort..
50
Con. mort, stg. Gs, g., 1904. .J&J
2d mort. f'S, quar. N.Y. 8. & W..
Northern, N.J.— 1st M., 6s, '88. J&J HOO
Mil.L.S.&W.- l8tM.,68.1921.M&N 104 105
North. Pac. P. D'O Div.— Gs.M&S.itlOOis
J&J
Mich. Div., 1st, 6s, 1924
75
Mo. Div. 6s, 1919
M&N 101
Ist, incomes
90
92
Gen'l 1. g., Ist, 6s. 1921
Mil. & No.— 1st, 68, 1910. ...J&D
J&Ji IO4I4
J&D
Gen'l 1. g., 1st, 68, reg
J&J| IO234
l8t, 69, 1884 1913
Norw'h&Worc'r— 1st M, 6s.'97.J&.I 1 117
Minn. & St. L.— Ist M.. 1927. .J&D 123
Ogd'usb'g&UCh.— lstM.6s,'97,J&J 103
l8tM., Iowa City&W.. 1909. J&D
J&J
Sinking fund, 88,1890
M&S U02
2d raort, 78. 1891
Consol. ,69, 1920
Southwest.Ext.,l8t,Ts,1910.J&D 112 H2i£
A&O to2
14
Income, 38 & 681920
Pacific Ext., l8t, 6s, 1921.. A&O 105
73
Ohio Ceut.— l9t,mort.,68,1920, J&J
Miss.&Tenn.— l8t M., 88,9erie8 "A" 118 120
91
J&J
Incomc9, 1920
88, 8erie8"B"
Ist Ter'l Trust, 6s, 1920
Mo.K. &T.-Con8.a88.. 1904-6.F&A ll'sifl 113%
J&J
78
J&D 77
Mineral Div., inc. 7s, 1921
ConsoiidHted 68, 1920
J&D 641s 6458 River Div., 1st, 69, 1922 ....M&S 15
Consolidated 58, 1920
do
income, 6e, 1922
1%
1st, 69, g., 1899, (U. P. 8. Br.)J&J
A&O
Ohio&Mlss.—Cons. 8.F.78,'98. J&j! 118
2d mort., income, 1911
Cons, mort., 78, '98
Boonev'e B'ge,7s,guar,1906.M&N
J&,I! llSia
Han. & C. Mo., Ist 78, g.,'90.M&N 108
2d mort., 7s, 1911
A&O 109
Ist gen 5s, 1932
Mo.Pac— 1st mort.,68,gid,'88, F&A 1073a
J&D
M&N 100 Is
Consol. 68, 1920
l8tmort.,8priugf.Div.,l905 M&N
95
J&J 109
Ohio Southern— Ist 68, 1921. ..J&D
87
2d mort., 79, 1891
21%
Car.B., Istmort., 68, g. '93. .A&O t-2d income, Gs, 1921
M&N 1131s
3d mortgage, 78, 1906
Old Colony— 68, 1897
F&A 1120%
M&8
Income, 78, 1892
68, 1895
J&D H18
53
55
Mobile & O.— 1st pref. debentures.
7s, 1894
M&S n-2XH
23ifl 25
4ia9, 1897
J&D lii7^
2d pref. debentures
Bost.C.&Fitchb ,l8t.78,'89-90J&J I1U%
3d pref. debentures
1
7914
,
State L., 78, 1886. ...J&J
Det.Mon,& Tol.,l8t,78,1906.F&A
Kalamazoo Al.&Gr.R,,l8t,8s. J&J
Kal.& Schoolcraft, lst,83,'87.J&J
Kal.& Wh. PiKeon.lst.78,'90..J&J
Dividend bonds, 7s, 1899... A&O
L.8.&M. 8.,cou8.,op.,l8t,7s.J&J
do con8.,reg.,lst,7s,1900.Q—
do cons., cp.,2d,7s, 1903. .J&D
do eous.,reg.,2a,7s,1903.J&D
Ask.
1
114
Int.
Buff.
Bid.
.
131s
New Ist mort. 68, funded
Ind'polis&St.L.— lst,78,1919.Var. iUl
Ind'apoli8& Vin.— Ist, 7s,1908.F&A till
2d mort..
Railroad Bonds.
Pase of tlaotations.
.
Income, 1921
Ind. Deo. &8p.— 1st, 78, 1906.A&0
J&J
2d mort., 08, 1911
J&J
2d mort.. Income, 1906
Trust Co. cert
First
'
2dM.,88,'90,ctf8.A&0 tl03
A&O 108
2dmort. debt
do
do
Head of
:
102
Miss. Ceu., 2d raort., 88
N.O..Tack.&Gt.N..lst,8s,'86J&J tl02
tod. Bl.
at
I
I
:
——
ACOUBT
.
THE CHRONICLE.
188B,]
1.
F
.
129
OBNBRAL QUOTATIONS OP STOCKS AXD B0.VD3—CTj^rmaBD.
For BxplanaUoaa See Notes
Bid.
Ask.
RlcU. Fri'.l.A l'ot4>iiino—Os,«xt.JAJ
110
JAJ
Mort.7«, IKSl-ltO..
ic Pfti-rnli., 8n,'84-'86...AAO
118
IIU
120
RilUtOAD BONDS.
Rich,
Nbw
MAN
miirt.. 7». 11)15
WabaaU— lat, «xt.,
7e>«
110
90
.
Isl ,x.
,
."is,
71
1922. ...AAO
76
RutI
,
6», 1902.
...MAN
FAA
mort., 5s
I'lic— l8t,78,190»J.JAJ
I
^t
JAJ
2d mort.,
7r, 1908
Nol)., lat, 78,
1900. .JAJ
A
do
2d,78, 190« ..JAJ
8t.L.AU.AT.n.— l8t .M.,78, '94.JAJ
2d mort.. prof.. 7s, 1894 .... KAA
MAN
2d Inoomp. 7«, 1891
Dlv. bonds, 1891
Kiins.
Louis
A
32
I.
MAN
2d mort., class A. 1U06
MAN
8d M., class B, 1900
MAN
do class O, 1906
South Pavltlc— Ist M. 1888 .JAJ
Pierre C.
A O.
Equipment
1st,
97
FAA
JAD
JAJ
FAA
MAS
6s
1895
General mort.. 6a, 1931
Trust hoods, 68, 1920
8t. L. W. AW.,Os, 1919
78.
38
2d mort..
9l>4
lllSH
Reg.
88,
1893
AAO
MAS
MAS
5s, 1907.
Ist, Os, 189')
do
do
7>4
134
122
lat pref.,6....100
2d, nref
do
9ait
Pref., 6. ..100
3
Boston Iloosac Tun. A Western...
100 II9I3
Boston A Lowell
Beaton A Maine
100 179
96
Boston A N. Y. Air-Line, pref
100 179%
Boston A Providence
1131=
Boston Kevcre Beach A Lynn.. 100
Brooklyn Elevated., new
10
100
Brooklyn AMontauk
35
Pref
do
100
100
Buff. N. Y. A Erie, leased
4>4
BuffaloN. Y. A Philadelphia
do
Pref...
Rapids A North.. 100
214 California Pacitlc
Camden A Atlantic
126
111
115
121'4
121
123
Central Massachusetts
do
100
pref. 100
100
;
no
late trauaacUous.
t
Det. Lansing
do
lU
173
65e.
.
50
132
103>«
9
.7<«
100
Pref. 100
62
Dubnque A Sioux City
100
4'4
East 'reunesaee Virginia A Ga.lOO
7'«
Pref.
do
do
50 14
Eastern (Mass.)
100
Eastern in N. H
100
Eel River
100
ElmiraA WiUlamaport, 5
50 41
55
do
Pref., 7...50
125
Erie A Plttaburg, guar., 7
50 105
80
Evansville A Terre Haute
50 49
40 iFitcbburg
100 113<ii
121.J
125 iFUnt APere Marquette
791s
do
do
Pref
Fort Wayne A Jackson
do
Pref
do
131s
Fort Worth A Denver C
100
Galv. HarrisI). A San Antonio
10
(Seorgia Pacific
Georgia Railro.ad A Bank'g Co. 100 148
(jrand Rapids A Indiana
Grand River V^allcy, guar., 5.. lOOi 60
5
Green Bay Winona A St. Paul. .100
Pref....lOO|
do
Harrisburg P. Mt. J. A L., guar., 7.50
60=8 Houston A Texas Central
1001 20
6
50'
80
Huntingdon A Broad Top
14
do
do
Pref. -.30
129%
Illinois Central
100
39
168 »«'
do
Leased line, 4 j). c. 100
12
Indiana Bloontington A West'n 100
Indian. Decatur A Sp., com
do
do
Pref... 100
61
Iowa Falls A Sioux City
100
80
178
Jeft'v. Mad. A Ind'p's, leased.. 100
15
JoUet A Chicago, guar., 7
100 120
81
97
Kansas City Ft. .Scott A Gulf. ..100
4
pref-.lOOj 129
do
do
65%
120
Kans. City Springf.A Memphis
62
179>a Knn. City Clinton A Spriugrid.IOOt
90
Kentucky Central
100
180
Keokuk A Des Moines
100
114
do
Pref
100
30
LakeEi-le A Western
100
LiVke Shore A Mich. So
100
.50
Lehigh Valley
62
4H
50\
}
I
I
108
52
111
13
80
152
|
SH
I
;
|
Little Rock A FortSmlth
Little .Miami, leaseil, 8 guar
Little Schuylkill, leased, 7
Long Island
Louisiana
A
Mo. Rlv.,
do
Macon A .\ugusta
S
2U
5
53>s
10
70
9%
20
12
1%
13
12
"63"
85
131
66
65
lOo;
50'
50
.50i
lOOi
Pref., guar..]
100
Chlo. 100
-Maine Central
A I-jiwrence
35" Manchester
Manhattan Beach Co
100
100
lOOi
321a Manhattan R'y, consolidated ..100|
11
100'
Marq. Houghton A Out
75
lOOl
do
Pref
10 iMemplila A Charleston
25
i
100
100
Mexican National
do
pref
46>4, Michigan Central
100
Michigan A Ohio
Pref
do
31
Midland of New Jersey
25
100
MU. Lake Shore A Weat
Pref.... 100
do
do
100
It's iMUwauljceA Northern
50
0% Mine Hill A S. H, Icjwed
100
eoHi Mluneai)olls A Bt. LoiiUi
Pref... 100
do
136
do
100
2
.Mliisourl Kansas A Texas
100
129'8 Missouri Pacitlc
100
Mobile A Ohio
Metropolitan Elevated
Mexican Central
i
2
14
65
12
'
Morris A Es-scx, guar., 7
Naahv. Chat. A St. Louis
Naahua
A
lA}well
Newburg Dutchess A
;
Com
A Nashville
New Albany A
33 >a 30
42%' 43
46
Central of New Jersey
.50
48>a
jCentralOhio
do
Pref
50
Central Paelllc
100 33>s
Id
Charlotte Col. A Aug
100
Si«
Cheaapeake A Ohio, common ..100
Ist pref.. .100
10%
do
6>4
2dpret....l00
do
Cheshire, pref
100 00
136
Chicago A Alton
100
Chicago A Atlantic
Chicago Burlington A t)ulnoy..l0O
'Chicago A Canada .Snutliem
IChlcago A K.Lst IllinDia..
Porohaaer :U8n p^y, uooruod interest.
A Northern, com
do
Louisville
Louisville
1
Price nominal
104
35
.
'
113
109
112
62
2
Goarantet^d 5s, 1903
MAN 1I1>9 112
A Mer.— New lat mort.
91
2d mort
45
3d mort.. Income
3
Va.Mldlaud-lst 8er.,6s,1900.MAS 113
Chicago A Grand Trunk
2d series, 68, 1911
MAS 111 US'* IChlcago Milwaukee A St. Paul. 100
3d series, 5-ds, 1910
.MAS
100
do
Pref., 7. 100
VIokab.
"ii"
io«
50
Danbury A Norwalk
Dayton A Michigan, guar., 3'3..50
do
Pref., guar., 8-50 115
Delaware A Bound Brook
100
Delaware Lack. A Western
50 lOZ's
Denver A New Orleans
Denver A Rio Grande
100
7
Denver A Rio Grande Western
Des Moines A Fort Dodge
do
Pref..
do
I
100
100
111
iso'
25
50
60
7>a
,50 5
100
100
50
50
50
100
100
100
Western
90
50 111
Clev. A PittslMirgb, guar., 7
107 •« Col. Chic. A Indiana Central. -.100
50
Columbus A Xenla. guar., 8
19
100
Col. Hock. Val. A Tol
100 '25"
Columbia A Greenville
Pref.... 100
do
Concord
50 105
75
Concord A Port«mouth,guar.,7 100 115
100 83
Connecticut A P.'uistunpalo
Connecticut River
100 172
6U0.
Connotton Valley
50
50
do
Pref
Canada Southern
Canadian Paclllo
Catawlasa
Ist pref
do
do
2d pref
Cedar Falls A Slinneaota
Central of Georgia
Central Iowa
1st prof
do
2dpref
do
116
A North
'.
Wa.-ihlngton BrancTi
100
100
Parkersbnrg Branch
Boston A Albany
100 177's
13
Boat. Con. A Montreal., new. ..100
20
A Massachusetts.
76
Burlington C.
Cairo A Vlncennea, pref
do Ist M., 68, 18K6
JAD no's 111
do Denv. Dlv., 6s
MAN no's 99'
do Ist cons. M.,68,1919.MAN
B8
Oregon Short-L., Os, 1922 .. FA.\
94
Utah Cen.- l8t M.. Os, g.,1890.JAJ
92 Ig 97
Utah So., gen. M. 7a, 1909. ..JAJ
91 1^
92
do extcn.s'n.lst,78,l»09JAJ
88
Dtloa ABl'k K.— .Hon., 78. '91. JAJ 110
Vermont
60>a
100
A Pacific
Augusta A Savannah, leased. ..100
100
Baltimore A Ohio
Atlantic
53
43
113
U
Atchison Col. A Paclllo
Atchison Topoka & Santa Fe..lOO
Atlanta A Charlotte Air Line
...JAD
FAA
17
J2
(4
Os.pref..
„
.
do
Dm. Bridge, sterl.Ss.g., '96.AAO 1120
Oollatoral trust, 68, 1908
JAJ
do
Kans. Pac,
com
A Pac, Ac, pref
def .
do
do
Albany A Susqueb., Quar.,7..-100
50
AUeitheuy Valley
18
main line, itic, 6s, 1910
Ist Dayton dlv.,68, 1910
Day. Div., Inc., 6s, 1910
Isttennlnal trust, 68, 1910
Onlted Co'sN.J.- Con9.,6s,'91.AAO
8t«rllng mort.,6», 1894
.M&.S tU3
do
6s, 1901
MASi :i23
Cam. A Ami)., mort., 6«. '89.MAN 110
Union Pa<ltlc-l«t.(>«,ir..'96-'99JAJ 114>a
JAJ
Par.
South.— Lim.,A.,
B,
Ala. N. O.
I.,im.,
55
18
.AAO 109
RAILROAD STOCKS.
Ala. Gt.
75I4
40
5P
8a, guar., '90
110
.
!
do
do
do
i-and Grant, 7s, 1887-9
Sink. F.,8s, 1893
AAO
AAO
'93.
Pitts. Br., lat M.. 69, '96
Income
Tol.Del'aA B.— lat main, 68. 1910
72
94
105
86
Wheeling A L.Erie— 1st, 68, g., 1910
116
Wilm. Columbia & Augusta, Os
Wil.A Weldoii—8. F.. 78, g., '96. JA.J 119
78
Wiaconsln Cent.— 1st 8er., Ss, 1909
3934
2il series, 7a, 1909, if earned
Wis. Valley— 1st, 79. 1909
JAJ 123
Worc'r ANashua— OS, '93-'95. Var. 101
Nash. A Boob., guar., 5s, '94. AAO 101
.
N.O. Pac, Ist. 68. gold, 1920. JAJ
Texas ASt. L<iuis— lat,6.s,19l0 JAD
Lfuid grant, incomes, 1920
Mo. A Ark. Div., 1st. 6s.... 1911
TBI. Cln. A St. Loula— Ist mort.. ..
JAJ
West'nPenn.— l8t M., 68,
1915. July
gr., reg.,
....JAU
JAJ 103
JAJ
End., 2d mort., Os, 1895
JAJ
2d mort., pref., 6s, 1895
JAJ 103
2d, end. Wash. Co., Os, 1890 JAJ
JAJ
3d, end., Os, 1900
118
100
.
and land
32
72
M.
Western MarylandEnd., Ist, 68, 1890
1st mort., 6s, 1890
68, 1909
AAO 114<« U5
Dak. Ext.. 68. 1910
MAN 114 115
113
Ist oousol. 6», 1933
JAJ
Mlnn'8 U'n, lot, 68, 1922 ....JAJ 110
Sandusky Miinsf.A N.— Ist, 78,1902 tll7
Savannnli Florida A West.—
At. A Gulf, cons. 78, 1897. .JAJ 115
1st mortKAji^e, 7a
JAJ 100
S.Ga. A Fla., 1st M. 78, 1899, MAN Hlo
60
Soloto Val.— 1st, 7s, sluk'g fd. JAJ
2d mort ,78, sink'g Id
AAO 25 30
41
35
Con8ol.7s, 1910
JAJ
55
Shenandivin Val. -lst.7s,l909.JAJ
25
35
General mort., 68, 192 1
AAO
Sioux V. A Pac, l8t M., 6s, '98. JAJ 105 >4 105 !«
100
104
Sortus Bay* .So.— 1st, S8,k., 1924 JAJ
104%
So. Carolina— 1st M.,68,1920.. AAO
2d mort., 6s, 1931
JAJ "S7" 95
25
Income 6.^ 1931
50
So. Cen. (N.Y.)— Consul, mort., 58..
So.PacCal.- l8t,68,e.,1905-12 AAO 98 14 198 "a!
Bo. Pac, Ariz.— l8t,Hs,190910. JAJ "93"
So. Pac. N. M.--l8t, 6s, 1911 -JAJ
Bouthwe8tcru(Oa.)— Conv.,78,1880
Summit Br.— 1st, 7s, 1903
JAJ i03% 110
lOlig
Sunb.Haz.AW-B.— lst,58,1928.MAN
100
2d mort., 6s, 1938
MAN
102
110
Snsp.BAKrteJ line— 1st .M.,78
Syr.BiiiK.AN.Y.—con8ol.7s,'06AAO
60
Tex. Cent. -l8t,sk.fd.,78,1909 .MAN
1st mort., 78, 1911
MAN 60
Texas A New Orlean8-lst,78.FAA 115
90
Sabine i>lv., Ist, 6s, 1912. ..MAS
Texas A Pac— Ist, Os, e.l905 MAS 108
let (Rio Or. Ulv.), 68, 1930. .FAA
do
ex Aug. coup.
GenT mort.A tf rm'l 6c, 1903 AAO
"l'3't
70
PAA
2d
Inc.
JAJ
Chic. Dlv., .Is, 1910 gold
JAJ
Havana Dlv., 0«, 1910
Tol. P. A West., lat 78, 1917. .
98
St.KK.C. AN. (r.est.AR.),78.MA8
71
do Om.Dlv.,l«t7s,1919.AAO
do Clar. Br., Os, 1»19.. FAA
i'09>a
do No. Mo., lat, 1895. ..JA.I
80
do St. Cha's Bridge 68, 1908
Wab. Fund. 1907-Var. 78. FAA
FAA
Various 6a
do
Warren (N.J.)— 2d, 78, 1900 .AAO
W. Jersey A At. lat .M.,68l910MA8 107 «
97
JAJ
West Jerspy-lst.Os, 1896
103% 1st mort., 7s, 1899
AAO i25
A Duluth— l8t, 58.1931. FAA
8t.P.Mlnn. A Man.— 1st 78,1909 JAJ iim
Consol. mort., 68, gold, 190.5. JAD
30>a
MAN
MAN
St. P.
.
JAD
Consol. mort.. 09. 1909
MAN
MAN
2d mort., 78, 1898
2d. 78,>cimr., '98
86
Gen.. 68. 19'20
West'n Ala.— Ist M., 88, '88. ..AAO 107 ««
Bt.L.Vand.AT.H.-l8tM.,7s,'97.JAJ
50
106 >a 108
JAJ
all-oDlv.. .58,1931
Cons, mort., 78, 1907,oon.... .Q—
FAA
lat. St. L. dlv., vs, 1889
FAA
Gt. West., 111., lat, 7s, '88
do
2d, 78, '93....
Q'ncy A Tol., 1st, 7«.'90.. ..MAN
Iliin. A Naples, lat, 7s, '88.
III.A S.Ia.,l8t, 68. 1912
113
Mt.-l«t,78, •92,FAA 116
MAN 110 111
2dmort.,7», g.. 1897
Ark. Br. 1. (tr., M., 7s, «., '95.JAD 110
Cairo Ark. A T.,l8t,78.K.,'97.JAr) loo's
CairoAKul.,l8t,l.K.,78,n..'91.JAJ 108 14 108 ><
Oen. con. r'y A 1. (?.. 5s,1931AAO 73 >9
8t, Louis A 8au Fraucisco
8t.
100 99 <e 90%
133
Pref.. 7.. 100 132
do
Ohloaso Rock Island A Pao....lOO 118 110
8
9%
100
Ohio. St. Loula A PItU
IS
21
100
prof
do
38
27>t
Chlo. St. P. Minn. A Om., com. .100
82'* 83>e
do
prof.. 100
33 « 31>a
100
Chicago A Woat Michigan
95
100 93
Cln. Hamilton A Dayton
101
Pref
do
55
60
Cln. Indlanap. St. Loida A ChlclOO
90
Cincinnati A Milford
13
25
ClnolnnaU N. O. A Tex. Pao....lOO
50
Cln. Sandusky A Cleveland
Pref., 6.50
do
100
Cln. Wuahington A Bait
pref.. 100
do
371* 38
100
Col.
Indianapolis..
Clev.
Cln. A
01
46
Aik
B'A.
Railroad Btookr.
8ulncy Mo.AP.,lat,68,iraar.l909
i'o6'>4
B<jllev.AS.Ill..l9t,S.F.88,'96.AAO
Aak.
97««
Mort., 7a, 1879-1909
AAO
2d mort., 7s, ext. 1893, ex. .MAN
Equipment 78, 1883
MAN
Dlv., 68, 1921
Indlanan. Dlv., Os. 19Z1
Detroit Dlv.. 6», 1921
1101 104 >«
79 >4
179
113 115
14>3 47
105 loa
441« 47
113
Pace of <|aotatloas.
Chicago
78, '90, ex. FAA
Iowa
':I2
Eon
BU JOBiiiU
Bid.
Railroad Stocu.
luoonie. 1921....
In..
FIrat
VIrglida MIdliin.I (rontlnueJ)—
4th Bcrifs, :m :>... r.i-.;i
MAB
ftthserl™, ,'18, I<.i.:t!
MAS
107
RoiueWBfnAO.—8.F.,78,1801 JAU 110
JAJ 107
2d mort., 78, 1892
Consol
Head of
(noomea, ounmlHtlve
Riohmoiid York Rlv. A Chc»., 88...
2d mort., 6»
Ro«Il.AI>lttii.. iBt, 08.1921. ..FAA
JAD
COMOl. l8t, 6s, 1 922
do
at
lu Londoo.
§
-50
25
100
Conn ....
Quotations per ahare.
1
Coupon
off.
.
.
...
J
..
.
5
.
THE CHRONICLE.
130
[Vol.
XU.
GENERAL QUOTATIONS OF STOCKS AND BONDS—Continued.
guotatlong.
For Explaaatlou* See Note, at Head of Flrrt Page of
Bid.
RAIIAOAD STOCKS.
& C,
p(.
.
.
..
4is3, 1914. '.....Q—
RR. 6s, reg., '97.Q-F
Bonds,
103»«
& Western.
Pref.
do
K.Y. West Sbore & B.
lforf.& West,, com. 100
pref.lOO
do
No. PennsylTaula. .50
Kortliern Central ... 50
im
Atlimtic.25
Western Union.... 100
78, 1900, M. AN..
TElvEPIIONE
STOCKS.
100
American Bell
Amor. Spcnlving...lOO
Colombia & Pan. ..100
6s,imp.,cp.,'80M&N
6s,bt&car,1913M&N
71
&
.South'n
—
10%
81s
68
Postal Tel. & Cable Co
So. Tel., Ist mort. b'ds
1 19 "fl
af. JUnid.* North'nlOO
rtftOh
98^1 Cony 6s,g.rg.'94M&S 114
!»:Y.Cent.& H.Elv.lOO
iH a*it 6s,g.,cp.&rg..'97J&D 1171s 125
K.Y.Chlc.&8t.l....lOO
0»»
Con8.M.,19117sJ&D
Pref.lOO
do
81
Penu. Us. ooup., 1910
K. Y. & Harlem ....50 IHR 195
»0
g2>s Schurlkill Nav.—
ir.Y.L.&W.,c>iar.6.100
15% i5''fl; lstM.,6s, 1897.Q-M 103
«r.Y.I..£rie& Weet.lOO
681a 69
80
so
2dM.,8s,1907..J&J
Pref.lOO
do
Mort. 6s, cp.,'95.I&J
H.Y. * N.England. 100 2Uis 2038
K.Y.N. H.iHartl.lCO
H.Y. Ont. & West.. 100
Pref.
do
H. T. Penn. & Olilo ...
Pref.
do
H.Y. Prov. A Boat.lOO
1 8t
IContlnental
Currier Tol. Bell
iDolbear
East Xennessce
Erie
7s,bt<.fecar,1915M&N
...
i
Susq.— 69,cp. ,191 8 J&J
78, coup., 1902. .J&J
er.Y. Susq.
CANAI. STOCKS,
&
8
Hudson.... 100
Del.
Del. Div. leased, 8. .50
2>«
20ifl
66
62H
15
22
%
1
la
Inter-Continental.
4318 .M etropolltan
Mexicjin
.Mexican Central...
.Molecular
Lehigh Navigation. .50
100
Morns, guar., 4
do pf.,guar.l0..100
50
Pennsylvania
124
50
Schuylkill Nav
21>s
do
do pref. 50
47^8 .Susquehanna
50
.
34
55
24
1
1
I
.
Pensacola & Atlantic
"13"
Peoria Dec. kEv.-lOO
100
Petersburg
50 {21%
PWla. Alirie
17>3
Phila. & Reading... 50
do
Prof. ...50
PUla. Wilm.& Bait. 50
Pltts. Cin. & St. L..50
Pitts.
&
62
5%
]3>4
Maiiposa— 78,'86 ...
Or. Imp. Company—
1st, 68 1910, J.&D.
Oreg.R.& N. lst.6s.J&J
onsol. Eleetiio Light
iDaft
series,
63
Stlg, 7s,g.,1885
1st.
Sawyer-Mann
& Tuu—
BridfiB
St. li.
A&O
7E,g..l929.A&0 121
123
TKUnT
Amer. Bank Note Co..
Pittsljnrg &. Western
4
10
Port.Saco &Port8,lsd 6 lis" iisisi Aspinwall Land
2
Boston Laud
5%
Port Royal tt Augusta
10
40
39
Bostou Water Power
3%
Port8.Gt.F.& Cou.lO*.
131
288
Brookline (Ma8s.)L'd5
^ro'^. & Worc'8t«r.lOO 129
108
Canton Co. (Bait.). 100 43
iiens. & Saratoga. 100 102
II4
Bich. & AUcg.. stocli..
Ciu.H.&D.,poolct.,gu.
60
Elchmond & DauT.lOO 58
Cbv. & Cln. Bridge, pf, iYs
Keeley Motor
Bich. F. <t P., com. 100
ek
134
Guar. 7.100
Maverick Land
do
10
lid
82
do
do 6
S.E.Mtg.Secur.fBost,
90
Eiohmond & P'b'g.lOO 84
15c
N. Hampshire Land 25
2311 241s N.Y.&Tex.Ld.,Lim. 50
Klch. & West Point
.
et.
Bt.
do Ist pref.lOO
L.Van. & 1'. H
Paul
Pref.lOO
85
107
do
&
et. P.Minn.
Man. 100
floloto Valley
8ea])'d
2
20
&
1
do
Guar. .100
Bonth Carolina
100
Bo: &No. Alaliaina. ..
B'west., Ga., K'<1, 7. 100
8yr;Bing. & X. Y.lOO
eninmit Branch, Pa. ."iO
Terre H. it lnd'uap..50
Texas N. O
100
Texas .t Paclllc .100
(.eh.
11
80
<Si:
. .
14>4
Texax i St.lj. in Texas
do
iu.Mo.&Ark.
&
ii
...
1
pref...
2
Meridian
Virginia Midland, com.
Wab. 8t. L. i Pac. 100
do
Pref.lOO
Warr'n(N.J.),l's'd,7.50
12
87
Central
14% New
Ontario .Sil.
ife
do
Pref.
WortfteriNashua. 100
Cheaap. .V DulnWiiro—
l8tmort.,6»,'80JAJ
* Price
1.
100
12^8
12^2
16
20
...
!
'
lolj
120
I
I
I4>S
23>9
82
ii
14=8'
I
Ist mortgage
Receiver.^' t-erts
100
25
78
14
78»«
20
BomU
5
25
61
25
62
45
55
114
St. F'y..
7.S,
1S93..
'I
I
.
HI
4
1
100
100
•09
l"'2'5
110 123
•35
•09
•60
1-25
200
2d3
•25"a
117
150
115
SOO
113
Twehty-Third St
250
112
150
Oi
x98
xl26
xl25
170
91
Lawrence, Mass... 100
Lowell
100
.Lynn, Ma88.,G. L..100
Maid. & Melrose... 100 XJ2
33 ||,Vewtou& Wat'n ..100 xl25
82 i]3alem. Mass
100 102
'25
101
Brooklyn, L. I
13)
2ia!jiJitizena', Bri)0klyu.20
81
10 ilMetronoiican, B'klvn.
93
1
t
6O0.
71a
II3I2
110
soo
50
33
112
9%
Silver Islet...
2.*>
"52"'
ramasaek
25
"
Amuskoag
450
I'lO
1001a
(N.H.) 1000 1360
1370
IVi
100 HO
Appletiiii (Ma.ss.) lOOO 975
Atlantic (.Mass.)... 100 100
(.Me.).
.
Rarnaby
(Fall Riv.)...
(F.R.)..
B ii-uard .Mfg.
Baes (.Mo.)
100 117
Boott Cot. (Mass.) 100(1 1435
Border City Mft'.(F.R.)
Bo.ston Co.('\ta38.)l000 976"
Boston Belting
100 l.iO
Bust.
Duck
Chaoo(Fall
(iMas3.l70U
.-jpr.
8l.(b'.B.).
(F. R.) 100
"l"2"6"
1450
9"8"6'"
151
105
500
7
505
6i>
112
8
70
60
40
540
67
Flint Mills (F. R.) lOi"
'40'
550
70
90
93
100
i05
Franklin (Mo.)
100
Gri)eY.Mills(F.R.)100
Granite (F.B.)
1000
Great Falls (N. H.llOO
'5"7>o
Hamilton (Mass.) 1000
Hartf. Cirpet (Ct.)lOO
100
Hill (M. )
705
175
60
i ijuotatiou per
101
95
350
Cres't Mills (F. K.) lOu
Oavol Mills
•J80
soo
Klv.) .100
Chicopee(.Mas8.) ..100
(N.H.)
500
Collins Co. (Conn.).. 10
Continental Me.). 100
Crystal
60c.
"s'o
STOCKS.
(Fall Riv.)
.'Vmory (N. H.). ...100
In Loudon.
40o.
33
1C312 Dougl's.^xe (.MaasllOO
1.^0 "s Dwisiht (Mass.). ..500
97
Everett (.Mass.)... 100
100
Fall Riv. Irou W. .100
128
F. R. M.u'liineCo..lOO
12 S
F. B. Merluo Co. ..100
175
93
95
128
103
132
87
95
200.
7
y'4
H4"" Coehooo
4<
180.
25 x32
30o.
25
Ouincy
Kidge
Androscog'n
290
43%
<>%
...25
^fational
MANDFAOrUNG
"240
Boston Gaslight. ..500 74.5
'25
i;;iat Boston
31
^.Mth Boston
100 109
I'.r.iokUuo, Mass... 100 103
55c.
61s
200.
Am. Liueu
HO
HO
HI
•70
100
25
25
25
25
Minnesota
lib's
Ift mort., 78, 1890..
Tlilrd Avenue
1st mort., 7s, 1390..
Popehaser also pays aoorued interest.
25
25
i-tlantic
140
'205
i;
3 85
BOSTON niNING
116
212
HO
'
100
27
12o
50
Spring Valley
Osceola
107
107
295
15
911s 150
100
Standard
Union Consol
112
167
160
118
144
123
106
110
245
112
1^90
1^00
2
US'* Brtmsw'k Antimony.
l-*
Calumet* Hecia-..25 202 204
"-00
514 i.Jiuuaica Pl'u.MasslOO
25
1
RobiuRon Consol..
Sierra Nevada
Silver Cliff
251a
Avenue
(,'ambrid!,'e, M.'i88..100
Cliclsea. .Mass
100
iDiirchoster. Mass.. 100
'I'a'o
•45
I'lO
1-80
1
10
50
.50
1
DIst. Tel. Co
Mauhrittan Tclegr.apli.
Ophir
350
470
•70
10
'"•'60
100
10
100
10
25
114
142
i
•40
•OS
& Silv.lOO
107is IO913 Catalpa Silver
Central
2"ld
Copper Falls
108 112
Franklin
168
175
Huron
1'j7
42
•28
•50
230
16:
52ia
•26
20-i
10.^
45
•14
Littl« Pi»,t8
107
130
116
•35
STOCKS.^
112
250
68>9
64
300
•11
illouez
''iU
94
140
137
10
10
50
Rappahanock
Ked Elephant
Ist mort., Si?, 1910..
Cmisol. 7s. lt(88
Gas
20
tronSilver
L«crosae
lead viUe Consol
Little Chief
Potosi
Istmort., 78, 1894..
Istmort., 7s, 1893..
2h
100
25
80
Hale & Norerods. .10)
[ndcpeudence
100
106
HO
HI
Sixth Avenue
75
9.6
Harlem
nominal : no late transactions.
1914
Bait. Consal.
20
General mortarage...
Baltimore & Ohio
Franklin
Gold & Stock
Avenue
& Grand
S:'(;iiud
224
25
Pnift'iTed
1914
GAS STOCKS.
,
Cent. & So. Am. Cable
CoiiimiTcial Tol. Co
oonsol.78, '93
.M.,
Ist mort.,
2
Pacilic st'k
Banks & Merch'ts.lOO
I'
S5
o2^
&
Ist
12d
Amtiican Rapid
Atlantic
7.S,
Houst.W.St.&Pav. F'y
TECPH STOCKS
A.\D
i
Boiid.%
t<('rU>6»,
Sr'CKS
BONDS.
I'el... 1.10
American Tel. A Cable
Istmort., 7s, 18^8..
Rusliwlck Av. (Bklyn.)
Central Orosstowu
Ist mort., 6s, 1922..
Central Pk.N & E.Uiv.
Cousol. M., 78, 1902.
Christopher & 1 0th St.
Kii-'litli
18
Ami?r. Dist,
Broadw.>y (Bklyu.)
arooklvn City
Istmort., 5s, 1902..
Brooklyn Crosstown..
.Scrip 6a,
.
prof..
103
121
135
HO
1893
pryI)lc.E.B.& Hiittery 205
100 140
9Q
100 95
United States
100 531s 54
115
.liWolls. FHr^'o& Co.lOO
CANAI, BONDS.
Cbes.AO.— lis, '70.O.-J
Del. niv.— 6b. 'SS-JAJ
&
Co.il
do
Atlantic
_'
,
Miu'g.lOO
Western Mjirylaud...
12 •«
Wll. ('iilninl:iiiit Aug.
Wlhn. A: Welilou, 7.100 iVs
-•-•
WlscouHin Central
!
.Min.lOO
Pennsylvania Coal. 50 219
Quicksilver Miu'g.lOO
3
WeHtch. & Phila.,pf.50
West Jersey
50
West Jeiwy
I
Wilkcsb. Co.il.
Udlbn Piicitlc
100 481)1 48%^! BXPHESS
Adams
Utah Central
100
American
Vt.& Muj<s..raed.6.100 132% 133
do
I
MalioningCoal & KK
Marip'sa li.&.M.CallOO
do
i>ref.lOO
Maryland Coal
100
Tol. Cln. &St. Louis ..
7c.
O. N.J. UK AC. Co.l0o!519li'ji
ViokBb.
.
STOCKS, N.V
of Md. 100
8% Consol.Coal
Homestake Miu'ir.lOl)
6i
75
60
10
30
00
50
.Mexicau G.
Istmort.. 7s. 1900..
Broadway & 7th A v.
Istmort., 78, 1^84..
jlOO
Nav-iio
BleeckerSt.& Fult.F'y
COAL & MIIVING
Culor.ido Coal
8%
55
60
20
80
A: BR'KLYN
BORSB KKS.
I
100
100
Dunkin
Eureka Consol
100
Father De Smot .. 100
Gold Stripe
t4oodshaw
100
Gould & Curry 8. .100
10
Green Monutain
N.T.
58
i
C.eut. Arizona
30
Co.
100 330
100
Union
UnitedStates
'
lOi
2I3
ChoUar
I
55
Land scrip
2UI4
3k! No. Riv., cons. 100 p.c.
'26'
20
Oregon Improvement.
2% Oregon Ry.&N.Co.lOO 76
76
4Sis'
48
Pacilic -Mail SS. Co.lOO
Id's Pullm'n Palace CarlOO 12i)is 122
26
94
St. Louis B'dge, Ist pref
J92
43
2d pref. ecrtitlcates. !4l
20
10/
193
it. Louis Tunuel RR
33
70
60
it. Louis Transfer Co.
82>s Stand. Water Meter
15c. ^Oo
iutro Tunnel
10
2u
Uuion St'k Yds &Tr.Co 136 lU
85
RoanokelOO
111.
80
90
1-85
100
lOH
Bodie
100
2
Btilwer
100
Caledonia B. H
lOu
175
Consul. California. 100
50
II4 CUrvsoUte
CO.»s
414 Brooklyn Irust
205
2."i
55^ Central
100 31:)
„,
^'8 Farmers' I^an & Tr.25 400
^°8ilLong Island
100 103
Mercantile
100 1'20
110
.Metropolitan
N. Y. Guar. & lnd..l00 100
6=8 N. Y.Llfe& Trust-100 485
I
i Duluth.lOO
5
Co..
STOCKS, N.r,
Am. Loan & Trust. 100
.
18
60
40
"io'
United States
NEOVS
32
III.
UnitedStates
Pref
.niSC'L. L, A
Pltts.Ft.W.&C.,Buar.7 134»e 131%
STOCKS.
21-2
621a
,
Con., I'sed.SO
13H
"'6O'
I'Idisou lUuininating.,
8s,'87F&A
do
Klclimond YorkR.&C.
Bochest«r ic Pitts. 100
Borne W.&Ogd... 100
Butland
100
do Pref., 7.. 100
flt. Joseph &. Western
St.LouisAlt. & T. H. 100
do
Pref.lOO
«t. Louis & Sau Fr.lOO
do Pref.... 100
40
50
MlMison
8s,'92F&A tll.'i'4 lloSi Edison Isolated
4tU do
.Swan Inoaiide^eent...
Deb'nt're,78,'88A&0 tl06% 107
10
3414 Barcelona
Bassiek
62
Bechtel
27
Belle Isle..
2
Consol. Paoifle
(
18
100
10
Crown Point.
Brush
100
Brush lUnminat'g 100
I
Debenture 7s, 1837.
Pullm'n Palace Car
3d
23
2
lilaiichard Eleo. Light
821s
1121s 112'4
& SAN. FRAN.)
Alta Montana
Amle
LieUT STOCKS
I
I8II3
32
OOI,D ^k SILVER
MINING STOCKS5
IOII2
IO219 r.axter
Cov.&Ciu.Bge. 5s,3-5 y
M&S
5s, 5 years
iSi
1%
114
1
IS
135
.
Hartford, Ct., G. L..25
I4
1
]
Oregon Short Line...
"I'i^
Oregon Traus-Cont .
OsweKo SjTT., guar. 120
100
Panama
Pennsylvania RR. .50 ;52
23
Chicago G.& Coke. IOC 130
181
Cincinnati G. & Coke
Charle8t'n,8.C.,Gas.25
(N. Y.
•031b Alice
123
New England
21
r-v
New Yoric & N. J.
47
Pref.lOO
do
New York & Ponu.
Korw.ik Worcester.lOO 160
N. Y. State Overland.
10 LtUSC'L.I.ANEOI7S
8
Peoples
Ogd. & L. Champ. ICO
BONDS.
oBjo Central, new.lOO 10
Peoples (N. E.)
1100
I9J9 196g' Bait. Gas Light 63.
100
OMo&Miss
.ScuithelnBcU
iiOauton(Balt.l— £68.K. lOlis 1021s
Pref. 100
do
Southern N. England
Mort. 69,g.,1904 J&J
10
10
100
Ohio Southern
10
iTropical
Uu. RR.,lst, end.,6B, 116
15912
100 159
Old Coiony
|W. I Tclegr. & Tele.lO
do 2d,end. Bs.g.M&N
6
;5
Oreuouife Calif. ...100
ELECTRIC
Col.Coal& Iron— Ist.Gs '68% 70
13
Pref... 100 512
do
Kortli'n N. Hamp.lOO
Hortli'n Pac, coin 100
128
87
157
50
100
Hudson Elver
Nassau, Brooklyn ..25 125
85
People's, Brooklyn. 10
Williamsb'g, B'klyn 50 154
19% Jersey C.& Hobok'n20 115
19
75
65
People's, Jersey C.
55
83
68-<»
6878, Louisville G. L
50 60
Central of N. Y
116
93
Consolidated, N.Y.IOO
135
Equitable, N. Y
Mutualof N. Y....100 135
201 202
61%
N. Orleans Q.L. ..100
100 125
62
Portland, Mo., Q. L.50
24
25
50 5290
3t. Louis G. L
Laclede, St. Louis. 100 5103
421s
Carondelet.St. Louis 50
10
San Francisco G. L
325
'4114
City
O.
L.20
Wash'ton
251s 25%
Globe
80 3i
91SI
Ask.
Bid.
M1SCEI.I.AKEOU8.
Ask.
100 115 130
Mexican
Del. &H.— 78,'91.J&J
100 '"58"
Mutnal Union
Ist est., 1891.. M&N
"eo"
Un.
Tel.
Mutnal
Conn. 7s. 1894. A&O ii7>» 118% N. Y.
74''b 75
Mutual Uuion 68.
137
Ist Pa.D.cp.,7s,M&8
=8
Is
100
Telegraph..
Postal
Lehigh Navigation-
Kew Jersey d: N. YPref.
do
New Jersey 8oirtljepn.
.
Bid.
M18CELLANEOO8.
Ask
113i«
STOCKS.
BB.
Continued.
Ke-wl). Dutch.
Bid.
MiSCELLANEOtlg.
Ask.
slL-iro.
"is
715
1?5
65
1
5
1
AcacsT
.
.
.
THE CHRONICLE.
1, 1888.]
131
GENERAL QUOTATIONS OK STOCKS AND BONDa—CoNcr.oMD.
Wor BtplniiatloiK Hee
Bid.
HiNINO STOCKS.
Bank Stocks.
Ask.
Bid.
l«ll('H»lc'iM.(N. 11)40(1
R
L'rcl Lnk-'Mlll-d''.
•
x40.'5
OtO
201
Snftolk
50
II
'
^
JO
I.i
II
I,..
.:.S
75
L(.
WoliKter
iftiJO
00
UK.). 100
.11.) 100 131
10(H) .xlOOO
Mh-m. c.llon
tiO
MiK'lliliili'S' (K. K.) 11)0
Mcn-tKinrs' (K. R.) 100
1330
lis
lii'
iN. ir.).....5(KI
445
(M;iaa.)lO0
Ias8.)37i
S)0
450
U2
73
425
M.
tlh:
Nilllii;; in^
NiV.'tllM;
Nan;ii'c
A-,'
Cniaaicrclal
Umi,' Island
..la.l.lOO
H(1\K,)100
I
Rolirv, :,,
,K.Kiv.)1000
100
80
270
67
Bai:aiii..ic(I''. KlA'.)
8iiim.iiil'all.s(.N.n.)300
Bniul\v.(ilass(Mii»s.)?0
Bhovc (Kail Ktv.). 100
Rliicl.. M-'all
Hiv.)..100
Stailor.l iKalll'.iv.) 100
St., IK Milla(N.n.)1000 !)30
Ti-.illwi.ll (F. R.). 1001
TlionutikciMaM.s.ilOOi
Trom(mtAH.i'.!as.'<)10(
Tiov C. .vW.d'.R.j.iOO
Uiiioiif.Mr. (K.K.) 100
850
113
York Co.
BANK
'290
69
80
935
KO
875
Commoicial Bank
.
Fariiura'iPlanter8"2.")
First Nat.orBult..lO<i
60
Genaan A.merioan
Howard
1
Marine
30
Mechanics'
10
Merchants'
100
National Exch'ge. 100
Peojilc's
Fourth National
German National
Merchants' National..
Metropolitan Nat
133
Ilartlord.
20
2."^
Becond Nationsil ..100
Third National. ...100 104
Union
81
75
Western
jO
20
60
50
98
of LouLsvlUelOO
Citizens' National. 100
82
City Nat
100
.Falls Clly TobaccolOO
iPanuers'^of Ky ...100
145
Farmers' & Drov. 100
100
First Nat
100 IISH 119
100
li
103
Blackstone
103
German
1 00
Ins. Co.'s.lOO
Boston Nat
(Jerinan
100 117 118
100
L22
Boylston
German National. 100
100 121
Broadway
100 100
Kentucky Nat
100
Banker UlU
lOfi 183>i 185
Louiav. Banking Co.40
65
Central
53
100
.Maaonic
100
City
107>s Merchants' Nat. ..100
100 107
I3u
Oolnmhian
100 129
Northern of Ky ...100
Commerce
100 114% 11.5 1< Peojile's Bank
lltih Second Nat
Commonwealth
100 llrt
100
Oontineutal
100 108H 110
Security
100
BaKle
100 107 107 >s T!ilrdNa«onal....lOO
KUot
100 117^ 118
Western
100
96
Everett
94
IOC
Ifenr Orleans.
ExchaiiRe
100 116 117
Canal
Banking.
100
A
132
Fani-uil Hall
100 i;u
Citizens'
100
First National
100 202 203
(iermania Nat
100
First Ward
U6 Hibenila Nat
100 114
100
Fourth National.. 100 107% 108
l-oui.slana Nat.. .. 100
Freemaus'
101
100 100
Metropolitan
Globe
94% 95
100
.Mutual .Nat
100
122
Hamilton
lOOi 121
New Orleans Nat. .100
Hide A- Leather... 100 umi 115
50
People's
HcA-ard
lOOi ll2iii 113 li StatoN.-vt
100
Unooin
lool 1041* 104% Union Nat
100
Manufactorers'.. .100
97% 98
Market
94
93
ioo
York.
Market(Brl/i:hton).100 140
143
America
100
Massacliiiautts
102
2.50 loo
American Exch'gelOO
144
.
;
I
1
I
i
I
. . .
.
102
112
150
80
Boii\i:)lic
Kevii,.
«"'-
'-1.1
Beconil ^•at
SeiMirltv
Bhawiiiut
'
128
223
129
Broadway
139
122
100
1.52
100
;ioo
175
10(1
Price nominal;
no
I
:
'
11H%
118
ll^ia'iQcriuanla
99
255
B'kol Commerce. .100 430
100 310
1'25
150
220
90
nils
95
1171a
96
00
I
153
114
140
Paoillc
1
265
217
140
85
80
I
Orleans.
75
[Germania
iHibomia
83%
125
xl04
23%; 27
:H(»me
[Hope
x9i)
ilOli*
Lafayette
59%, 651a.
6.5
Merchants' Mutual ...
74
Mechanics' & Traders' xl03 iiCoia
New Orleana Ins. Aas'n x23i2 241a
New Orleans Ins. Co .
37
381a
i
71
1
215
'People's
xll9
Sun Mutual
120
110
123
130
iTeutonia
Nciv York.
1'25
American
50 145
American Exch...l00 95
iBowery
25 123
iBroadway
25 165
103
115
80
93
112
iBrookiyn
17
1.55
20 115
70 115
54
Clinton
100 117
167 ICommercial
20
.50
158
Coutiuental
100 215
143 [Eagle
40 230
120
Empire City
100 70
145 IKxebauge
30 75
Farragut
50 100
75
Firemen's
17
20
Firemen's 'Trust
10
40
iFrank. &Eiup'ium 100
IGcrman-Americau 100 2<;5
Germaida
50 123
(ilobe
50 105
107
Greenwich
25 175
Guardian
100 60
Hamilton
15 100
320
Hanover
50 120
135
Home
100 116
Howard
30 50
Irving
100 20
03
Jefferson
30 115
Kings Co. (B'klyn) .20 185
100
Knickerbocker
30 80
122«s
80
Lafayette B'klyn) .50
98
Limg Lsl'd B'klyn). .50 SO
luO
.Maniif. & Huilders'lOO 100
40
Mech. ik Traders'. .25
54
75
Meeliaiiics' (B'klyu)30
160
37
.Mercantile
50
50 100
Mcnhaiits'
90
Miiiitauk (B'klyn).. 50
[City
,
1
I
,
I
.50 140
(B'klyn)
81)
37is
r.Nationa!
35 140
N. Y. Iilijuitjjhle
60
llNew York Fir©.. ..100
1'2«
.5i)l
llNlagara
•
Kiro
•
10
Mutual..50
10
71*
30
20
31
22
714
41s
61
3
(Station per sliaro.
U
2".
.Piuiflo
MPark
'
lloKton.
AmerlCi^n F. .<: M. .100 123
Boat<m
100,xl2l
Boylston
100! x70
Dwelling IIon!B3...100 101
Eliot
.100 lis
100 1(>7
Bmftao' s
North Kiver
II
*»
135
103
130
175
165
'Citizens'
,
liilowiu-d Fire. ...... ..5
lire
$
Now
^Crescent .5Iutual
Factors' and Traders'.
[[.^a-ssau
I
lOOi 140
17*
j
125
140
56
126
175
130
121
INSl/lt'CK
Assouiate Firemen's.
Baltlmori! Fire Ina.lO
Firemen's lusur'ce Afi
^'
110
115
900
112
100
Last price Ihia week.
I,
205124.
1121s Firemen's
STOCKS.
104
22^ la
10s
102
202
lis
03
16B
BO
I
61
Baltiuioro.
156'
226
Iiondon, Ene.
1.50
270
127
100
00
33
73
!
FIBB
i
100
100
100
100
100
loO
50
.
Anglo-Cali oinia
Bank of California
First Nat. Gold.... 100
10n| 123
;
Va.lOO 106
Commercial
2G0
^Itna Fire
Cimnectlout
Hartford
National
Orient
Phoenix
1
26 25
100 137
San Pranclsoo.
[German American. .7.5 ino
late transactions.
.....
I
I
r4arlleld
Bank
.... .Continental
1001
Franklin
lOOi
....
sl2i4 115%"Fourth National ..100
XI514 116i« international
100
115
Mechanics'
100
x265 290
Mercliaiila' Nat ...100
x30is 52
St. Ixmia National. 100
14,
X
TliiHl National... 100
x02ia 1U51« [Valley National... 10t>
15215 Fifth Avenue
1001 .550
Gallatin National ...50 102
185
117
ITIo.
St, 1.0 u Is.
25l 154
100125uO
100 250
25 110
100 1.50
100
100
liiK)
i(X)
1
100
100
.8tat« B.ink of
156
1
.50
212
115
105
120
120
102
110
75
90
110
110
Chemical
;22is' Oomraerce
IfOontinontal
100
100
100
100
108
Chatham
HO
159
.
1-27
112
100% lol
.
1'25
210
135
City
1391s Citizens
:
112i«
Merchants' Nat.. .10
85
.Nat. Bk of VirginialOO
Planters' Nat
100 1371s
1061s
l:i9% 110
llo
203
131
2.5
Hartford, Conn.
KM
Commercial Union. £5
Guardian
50 58
e»/
IraiHsrlal I^re
25 150 155
4i«
Lancashire F. & L. .25
5
45
Fxnidon Ass. Corp. 12is
47
24I3I 25i«
Liv. & Lond. &Glob6.2
40
iNorth'n Fire & Life ..5
12
|Nortli Krit. Sc Mer. 8%
,3019; 311*
2I4
Queen Fire & Life.. .1
2
Royal Insurance
Si's 32i«.
3
First Nat
Bntchers'it Urovcr825 ;145
Central Natl(mal..l00i 100
Chase National.... 100 ....
ac% 97
60141,00™ KxcOiange ...100
160
East River
25
14I5 115
Eleventh Ward
25
133 [First National
V3i
100
l'23is PourthNational.. .100
123
137
l;,6
[ulton
30
Bhoe.t lA)ather....lO0
taUi..
•220
"w"
la*
135
25
303
i
.
Richmond, Va.
I6213 166
USis 120
00
100 300
100 110
Central National. .100 260
r'ity National
50 123
102
Colniubian
69
Comi:;irciaI Nat
50
Commonwealth Nat 50 33
72
Consolidation Nat. .30
Com Kxi'Ii,angeNat.50 60
Kighth N.at..;
100 255
First Nat
100 212
Fanncis'&Meoh.N.lOO 138
84
Glrard National ....40
75
Kensimiton Nat
50
Maniifact'r'rs'Nat.lOO 112
Meolinnica' Nat. ...100 123
••
133
-^'Nat
54
'iimicrce.50
riiuint'n.30 124
.N.u.i; i;.N. Liberties .50 170
City
60
ISO
100
"75"
Steam Boiler
110
158
32
xl25
xl23
Washington
Western
93
Cumberland Nat.. .10 52
Can.al Nat
100 163
Casco Nat
100 156
FirstNat
100 113
Merchants' Nat
75 118
National Traders'. 100 143
X2414 128
IGO
70
,50
100 133
100
20
\alley
al
Beoorlty
103i£
134
131
r22
103
ill
162
101
55
18»
95
.
125
Portland,
210
.50
20
20 170
100 B3
I's
20
'ia
20
20 90
its'AMannf 20 160
use...
100
Union .Nat
.50
Western Nat
50
West Philadelphia.lOO
97
,210
.50
TliirdNat
112
102
1«0
116
122
135
134
!1071»
200
...2.5:
United States Nat. 100
Sprinit (iardeu
117
121
90
150
..100
H219 116
120
95
127
114
75
80
...'20'
lAai.'.''!
il5;:
»7
iSo
01 'd,
96
;i5i
Philadelpliia Nat
Seiwnd Nat
Sevontli Nat
Sixth Nat
Bmithwark Nat
Now
Maverick
100
Mechanics' (So.B.)lOO
MerclKiiidiae
100
M.'J<l,,,:,Jrt'
100
MctiMiHiUtan
100
Moriunicnt
100
Mt. Vernon
..100
New PinKland
100
North
100
North America
100
Old Boston
50
Peoiili's
100
RcdtMnptlon
100
.100
.iioti
...20
...25
atl
ioo'
.Nat.K'kKepublio..lOO 1'25
National Security. 100 1-20
70
Penn National
.50
People's
100
75'
75
115
119
96
107
101
158
114
120
130
133
205
132
128
liO
-20
'
163
liOlliSVillC.
B'nk of Commerce
110
.
Bank of KentuckylOO 148
iio" iBank
Boston,
Atlantic
Atlaa
tiS
140
j
{
25|:XiO
iliX....
Philadelphia,
i'23"" 1-25
131
100
1 lie's...
H'k of N. .\moiica
Oeiitennial Nat
175
/Etna Nat
181a American Nat
119
Ask
101
101
j.Miatl.
"iiew stock) 20
lOO; 145
Uiiion
Kk. or Com. 190 206'
Queen City National..
90
95
Second National
150
Third National
118 '126'
IO2I2 110
Union Nat
140
50(143
,
ud National.. 10(1
100
ilioeAi r.calhor
100
8t. .Nicholas
100
Stateof N. Y
100
Tradesmen's
40
133
101
100 110
50 63
20
Charter
Oak
Nat.
.100
130
123 126
City
60
100
32
LJonnootlout River 50
45
52 If 5315 Far. ife Mooh. Nat. 100
95
42
First Nat
100 100
ll.irtford Nat
180
100
la
100
.Mercantile Nat
100 95
iOOifi
National Kxchange.50
631s
10% llHi Phojnix Nat
100 134
34^4
atate
lOJ
100
11>4 11%
United States
100 175
132
118Jl!
.50) 1 15
251 145
lildlc.
Western Gonnan Bank 200
10
Com. & Fanners'.. 100
Fanners' H'k of Md 30
Paruurs' & Merch. .40
River
111
nth Ward
99%
loo
235
Klrat Niitioiial
STOCKS,
Citizen.-}'
'
liCathor
.Vat. Lai. it
Bank of IJaltiiiioie IOC 139
Bank of Commerce. 15 lU
70 101
iilo
Cincinnati .N'alionol...
4G
805
1113
America
k
Citizens' National
117
l'.:3
\<irtli
100 145
Cincinnati.
Baltiiuoro.
Franklin
and
I
.
100
Kxoh'golOOl 100
.
140
Ifome National .. .1001 75
.Morchanls' Nat.. .100 SCO
Nat.R'kof lUlnois.lOO 1471N'lirthwcstcin Xat.lOO 600
Union Nation.'U
100 150
Un.StockY'daNnt.lOO 2(.'0 215
ITide
.50
100
•iital.
Nat
'•'•'r'.
MW
.N.w Vol k County. lOOi 140
Ninth National. ...100 110
Conimrrcial Nat...lOO| l^iO
First National
100 200
I
38
750 Sou
(Mo.)
130
113
Chicago.
Chlc.is,-!)
Bid.
.
H
'
95
First Nat. ('has.. .lOOi 200
People's National. lOOl 148
dOO
175
Waiiii' iii'iai,'{K.R.)100
Wa,<liiin;t'ii(Ma.ss.)100
Wriil .Sow. M'o ((Jt.)3,5
Wei'taiiioii (F. R.jlOO
Wlllliirtic Linen(Ct)2.'5
140
280
Cbarlenton.
I
.M
.V
wnerlcan
60 40 14U
100
100 140
'•
25 1.W
V* Tr.. .'25 110
100 ll'2 ...
50 1'27
.'
Exch'KeSO: 82 ...
12<«
an
100!
B'kof ('ha«.(Nl{A)100!
70
K.
4U0
N.
1.555
1515
Pa.
...1000
111.\lr. ).....500 xlOOO lOtO
30
INica^sc •1 (R R.)...10(i
45
io
Rl.li. Hor.riKl'.R.) 100
r.
1:11)
"i
50 200
100 200
Nassau
100, 2.50
,5(1
1'28
.Mechanics'
I
Iannrt«..100| 1.50
270
iVfaniifacliirer*'
.100
i;.)
.
National
rmuBAKoa STOCKS.
SO
100
128
100
60
40
50
60
100
National
I.,
loio
70
100
1340
l^^8)10U<)
Ask.
100
.
Brooklyn.
Rn.nlilyn
1,1
ii„
.25
ATr.
•
1
Union
Washington
-05
230
h.
'
Tnidcrs*
Treni on t
115
503
.15
IHip. .Ull
100 1131
m4
:ioo
(Hi
100
1)5
1
1 00
100 110
100 111,)
100 105
^lli^l^fttt
>
Jmv
Bid.
I
190
Jackson (N. II.). .100(1 1035
00
KliiK' I'hillp (K.K) 100
400
Pa^e or l|aotatlan«.
First
Bahk Stocks.
Aak.
I
nolyiiko W.Pdwot.IOO
Ijicoiim(Mcl
Head of
at
;Vi»tB«
Peter (7o^>perPeople's
Phenix (B'J^n>
100
110
85
50
ao-
21»
12T
110
210
72;
UO
tm
122
571*
40
123
200
90
85
105
105
50
85
65
105
95
150
90
1.53
70
137
IW
170
105
.10
150
10"
1.7
25 113
"I
100
too
30
230
245
80
:'.o
;i'C
..,..5ti
Riitrers'
rd.. .... ....SO
•
107
120
123
90
45
50
no
1*5
120
too
55
5S
15
3/»
I(V;
If.'-'
WIUiamslMirif (tiv...'S"
Asscssmeut i>aid.
230
5
THE CHRONICLE.
132
EXPENSES.
Hacienda pay-rolls
.
Mine pay rolls
Supplies consumed in current operations
MisceUaneous and taxes
invest m c n t
nilvatitX
'gnttUiQtuct,
LINE OF Ro.a).-Miuneai)oli8. Minn., via Fort Dodge, I.a., ^t)Uuu 1111 itio
--- -•-••-••- _.-.-••--•----+0 Aiiiins Ift
9200mile8
Pacilic Wi'i«ioM^H'npkins,'Miu"n.,to Morton, Minn
ii-OO niiica
..... ......
Junction
la., to Kalo, la.
Kalo ^-ranc/i-Kalo
1-50 mi ea
iaAe r«rk limitch-habe PaiU Junction to Lake Park, la.
Bear
Lake
White
to
Miuueapolls
J2-o0 lui es
While Hew «)-a(ic/i—
206-faO miles
ieased- Wisconsin Minnesota & Pacific Kailroad
Total lengtli of lines owned and controlled Dec. 31, 1S3 J.574-C0 miles
Duluth ER.)
The White Bear branch (the old Minneapolis
&
operated by the St. Paul & Duluth Railroad Company, under
Of the leased road, 66 miles were operated under le^se
months of 1884; its earnings and expenses are included
in the appended statements for that period only. Average
length of road oi^erated by this company during 1884, 388 5
is
lease.
for six
miles.
Rolling Stock.— Locomotive engines, 69. Cars— Passenger,
18; baggage, mail and express, ll; caboose, 36; freight (box,
1,231; stock, 53; platform and coal, 654), 1,937— total, 2,003.
Also, 4 service cars.
Operations for vear ending Dec. 31, 1884.— Trains run (passenger, 397,401; "freight, 841,536; mixed, 50,117), 1,289,044
miles. Total engine service, 1,318,136 miles. Passengers car-
moved one
one mile, 13,782,633. Tons freight moved,
mile, 115,395,436.
Expenses.
Earnings.
Passenger
Freight
Mail and Express...
Maintenance ol way.
$350,621
1,281,910
59,586
41.905
Miscellaneous.
I
30,735— $5o4,2 50
^J~-3?§
o,7 id
Less decrease in ore on hand at furnaces
1
$41,612
Net earnings
EAL.\NCE SHEET APKIL 30, 1885.
Dr.
property, hoiisefi and lands, iaxmining
and
estate
Eeal
$11,652,099
naces, machinery, tools, &c
Cash-
Mechanics' Bank
F. N. Lawrence, Treasurer
Materials and supplies
$2,515
20,000-
22,51
54,839
§<5,835
186, o36
Quicksilver
Minneapolis & St. Lonis.
{For the year ending Dec. 31, 1884.)
Noannual report of this company for 1881 has been published,
and the following information is from advance proofs of Poors
Railroad Manual :
979,919;
, IS'ST?
158,844
Ore
ANNUAL REPORTS.
ried, 310,820; carried
fi'?'2?Q
Difference
the
ThelHVBSTOBs' Sdpplembht contains a complete exhibit of
and Bonds
tiLnded Debt of States and Cities and of the Stocks
It ispnhhshed on the
at Railroads and other Companies.
February, April,
last Saturday of every other month-^z.,
withJune, August, October and December, and is furnished
the Chronicle.
out extra charge to all regular subicribers of
50
Extra copies are sold to subscribers of the Cheoniclb at
per copy.
cents ehch, and to ot hers than subscribers at |1
'
[Vol. XLI.
f351,074
194, v25
Rollingstock
;
Transportation
560.838
Miscellaneous and taxes 143,186
Total ($1,163 per mile). .$1,734,026 Total ($3,220 per mile). $1,251, 125
Net earnings (27-63 per cent), $482,900. Payments : Interest
on bonds, $477,440; other interest, |4,569; total, $483,009; balance surplus, $891.
General Balance Sheet Dec. 31, 13?4.
Cost road, equip., &c. $18,149,506 Common stock
$5.76',200
59,79.")
ereferred stock
Materials and fuel
4,000,000
Current accounts
217,443 Funded di-bt
7,318,(JO0
Cash on hand
8.081 Bills payable
1,220,371
Profit and loss
420,500 Current accounts, &0565,755
1
I
I
$11,972,824
Total
Cr.
$1,291,300
Capital stock, preferred
Camtal stock, common
Income
Overdraft, unpaid pay rol' 9 and
5.708,700— $10,000,000
1,941,658
31,166
bills
$11,972,824
Total
Rutland.
(For the year ending June 30, 1885,)
This company owns a line from Bellows Falls, Vt.. to Burlington, 120 miles, and leases the Addison road, from Leioester
Junction, Vt., to Ticonderoga, N. Y., 16 miles. The whole
is leased to the Central Vermont Co. at a yearly
rental of $258,000. The report for the year ending June 30
relates only to the financial affairs of the company and has no
statements of the traffic or earnings of the road.
'The income account condensed is as follows
$17,411
Cash on hand July 1, 1884
2.52,869
Central Vermont Co., rental accounts
14,333
Dividends, interest, etc
68,578
Temporary loan, lo^s discount
property
:
Total
$353,191
'.
$163,811
40,000
15.000
69,000
Interest
Dividends, preferred stock
Addison RE. rent
Temporary loan paid
18,493— 306.304
Expenses, taxes, etc
Balance, cash Juno 30, 1885
$46,887
The balance sheet condensed
Common stock
is
as follows
:
$2,480,600
Preferred stock
-I.'IOO.OOO
Funded debt
Accounts and balances
3,002,100
14,456
104.075
Protitaud loss
$9,601,231
Total
Construction and bond accounts
Real estate
Addison E.R, stock
$9,005,621
115,936
332,800
45,015
54,942
Deficit in casli account
Accounts receivable, etc
Cash
!
46,887- $9,601,231
The funded debt includes $1,500,000 first mortgage 6s.
$1,500,000 second mortgage 5s, and $3,100 old equipment bonds
not presented for payment.
|
I
TotalassotB
.
$18,855,326
1
Totalliabilitles
far the largest amount ever extracted in any like
period in the history of tiie mine; of this amount 40,640 tons
were productive ore. While the grade of the ore has been
uniformly low during the year, we have still produced considerably above our average amount of quicksilver; our aver-
out,
GENERAL INVESTMENT NEWS.
$18,855,326
Quicksilver Mining Company.
{For the year ending April 80, 1885.)
The President's report says that "during tlieyear just closed
ihe mines have been worked with the greatest activity and
Tigor; in that time 136,030 tons of material have been taken
by
Beach Creek Clearflold & Southwestern.— A committee
of the minority of the stockholders of this railroad who are
opposfid to the sale of the road to the Pennsylvania met in
New York and fully discussed the situation. Tiie committee
was composed of Col. James Boyd, of Norristown George S.
Baird, of Reading Joseph M. Gazzam, Thomas Hart, Jr. and
The committee decided
S. R. Peale, who acted as chairman.
to oppose the sale of tlie Beach Creek Road according to the
terms proposed in the circular that was issued by Gen. Magee.
;
;
Buffalo New York & Philadelphia.— The trustees, Henry
Martin and Franklin D. Locke, have filed a bill of complaint
before the Judges of the U. S. Circuit Court in Pittsburg,
flasks.
Pa., which is designed to be ancillary to any proceedings in
"If the financial results of the year's operations have not New York. The substance of the bill of complaint is that
been as satisfactory as we could wish, the cause is plainly to be the complainants desire that a degree of foreclosure and sale
seen, to wit: the continued ruinously low price of quick-silver, of the mortgaged premises and of all the property described in
.which has averaged during the year about .$30 per flask, wliile the former bill be made, and that a receiver of the said propthe average price during the past twenty years has been about erty be appointed.
$49. The difference between these two prices, it will be readily
Canadian Pacilic. The earnings and expenses for June
seen, would meet all the requirements for a dividend upon the and for six months have been as follows
preferred stock, and still leave a moderate amount to be
Jan. 1 to June 30.
June.
age production during tlie last sixteen years being 19,3.58
flasks, while our production for the past year has been 30,420
—
:
divided among the common stock holders. I am glad to be
able to report that the prospects are good for a considerable
advance in price. The world's supply is not large and is constantly diminishing. During the year under consideration
your company has produced nearly two-thirds of the entire
amount mined in California, or 20,420 out of a total of 31.450
flasks.
Almost none of the mines in California, aside from
our own, can produce quicksilver at present prices; and tliey
are in consequence at this time nearly all closed." * * *
"The balance sheet presented herewith shows the strong
financial condition of your company.
The quicksilver on
hand at current prices is $186,536, of materials and suuDlies
$54,839, and of ore $56,835."
1885
$731,862
Gross earnings
Operating expenses. 451,371
Netearnlngs
Bents and misoeUaneotu
—
Total eamlDgj.
—It
2l'8S7
.$611,60g
.
1S85.
53,352,827
2,239,466
1834.
$2,098,044
2.188,866
$151,631
$1,113,361
Def. $90,822
difficult to compare the results of
leased lines for 1884 with those of the
is
7,628.574
Operating
hxpenses.
$1,479,989
3,538,431
Xtt
Earnings.
$2,220,622
2,450,241
Dec. $712,279
Dec. $941,558
Inc. $223,619
Oross
Earnings.
8589 719
.
1884
$550,661
399.030
the Central Pacific and
same roads in 1885, for the reason that the mileage leased by
the said company was reduced March 1, 1885, by 1,152 miles.
For the sake of comparison we give below the gross earnings
and operating expenses for the first five months of 1885, made
up on the same basis and for same mileage as for corresponding months in 1884, but under the changed status of affairs the
exhibit is not of much gractical use:
EARNINGS.-
;
$283,491
Central Pacilic.
20,120 flasks of quicksilver produced, average value $28 88
perflask
.
.
1884
1885
$-1,340,853
,
AuacsT
1,
THE CHRONICLF.
1885.]
Biurllngton & (Jiilncj-.— A press report from
C'lilviigo
"Tlio lon;;-(lt>ferred Bchemo of the
Hoeton, July 25, said
t'hicago Biirlingtt)n & yuincy iiiiiMageinont to take a more
Bctlvo part in competinn for Nortliwcstern trallic wiis diHoloped yesterday by the action of the directors in deciding to
offer shareliolilors 17,000,000 of tlie 110,000,000 of bonds and
stock of the new road to St. F'aul on the east bank of tlie
Mississippi River, to Iw called the Chicago Burlington <fe
Northern. The iiuestlon was whether to give the contract for
building tliB road to a syndicate or have the Chicago Ilurlington & Quincy build it by a subscription from the shareholiloni.
The company will retain $3,000,000 of the securities. The
bonds will Ix; 5 per cent. The rights will be offered upon
50-sharo lots of Chicago Burlington & Quincy instead of 100.
Each holder of 50 Chic. Burl. & Quincy sliares will have the
right to purchase for |555 one five hundred-dollar per cent
bond and three shares of stock of the new company. The
Chicago Burlington & Quincy guarantees 50 per cent of the
earnings and a minimum of ^ICO.OOO a year as a sinking
fund for the redemption of the bonds.
On this the Boston Adtcrtiser comments aa follows: "The
officials of the Chicago Burlington & Quincy are disposed to he
reticent about the projected road on the east side of the Mississippi to St. Paul, because nothing definite can be said until
It is true
it is seen whether or not the money can be raised.
that a committee has been appointed to submit a proposition
to the stockholders. There will be an issue of stock and
bonds, and they will be offered to the stockholders of the Burlington substantially as statjBd, that is, the bonds at 90, and
The bonds
six shares of stock with each bond at $33 a share.
It is proposed to issue
will b<ar 5 per cent and run 40 years.
enough to raise about $7,000,000. The Burlington will guarantee 50 per cent of the earnings and a minimum of §100,000
as a sinking fund for the redemption of the bonds. For whatever is paid under this guarantee the Burlington will take
stock of the new road. The road will branch from the Burlington at Oregon, III., and the distance to St. Paul will be
about 350 miles. It will accommodate a large and fertile
farming country and tap the great Wisconsin lumber routes.
Whether or not it will be built as a wholly new enterjjrise, or
will in part be formed by the amalgamation of certain local
It is believed
projects, there is no authoritative information.
that chartered rights and rights of way have already been secured over nearly the entire route."
:
133
Indianapolis Decatur & Sprliiirflo1(l.—Th«>Rtoolfr,ht Pom.
mittee of llie Stoi'k ExchanKc
the Indiiinapolls tecatur &
I
"
'
.of
i
to
.
have trust company rcrtifUai.T ,..i
cent bonds of 1870 placed on the regulur
,-.
,
list.
,,,.,i i,^,,^;,,
There have
,
(,er
tieea
#>',703,000 of these ci rliflcates already iggued.
Iron Knihvny.—The first annual report of the directors of
the Iron Railway (Jorapany. just issued, makes the following
showing for the year ended June :«), 1885:
KAItNI.NOS.
Frelftlit
937Ji3B
8,478
138
PansoDKorH
Il«nt«
Sate of old material
1,72»
.'5
Ciuciiinati
bought
Korthern.
—The
bondholders who recently
have organized the CinThe] new company will
this road at foreclosure sale
cinnati Lebanon
&
Northern Co.
issue stock to represent the old ijonds.
Delaware Maryland & Virginia.
—
The sale of this railroad
Philadelphia AVilmington & Baltimore has been consummated, and it becomes a part of the Pennsylvania Railroad sj-stem on Aug. 1. The Old Dominion Line of steamers
has withdrawn in consequence of this sale, and the business
will now go over the Pennsylvania roads to Philadelphia and
to the
New York.
Denver k
Oroas oamlngs
now
publish a notice rtquesting bondliolders to confer witli
of tHeir coupons. The object
of such conference Is said to be to take advantage of the
default of more than six months by which the principal
technically became due, to establish a recognition of the lien
of the first niortg.ige Ijonds on a certain additional amount of
road bey<md the 295 miles, and also to demand interest on interest, that is on the defaulted coupons since Nov. 1, 1884.
The CliKOSlCLE has urged from tlie beginning that the
coupons of the Denver
Rio Grande first mortgage bonds
should be paid, and tli^it the default of November, 1884, never
should have occurred. It has also urged that in any plan of
reorganization the old first mortgage should be left undisturbed without any change of its lien or any reduction of its
interest.
In the face of much opposition, the Coppell committee in their plan of reorganization maintained these points,
and in pursuance thereof have just obtained the order for
payment (not purchase) of the coupon due last November.
For the first mortg;a£e bondliolders now to oppose this and
refuse to take their money seems altogether unreasonable.
Their lien on the property will remain entirely undisturbed in
the reorganization, and be as strong aa it ever has been, and
to try to S(iueeze out of the bankrupt Denver
Uio Grande
interest on interest for nine months, when the full rate of 7
per cent per annum on the bonds is to be i>aid, is scarcely a
policy which will be favored in New York, even if it is in
Amsterdam or London. The CifRON'lCLE can only advise the
first mortgage landholders to take their interest, congratulate
themselves on gttting it, and rest i|uietly on their first mortgage
lien.
It is not a wise lawyer who keeps on arguing with a
judge after he has already decided in his favor.
them before accepting payment
&
&
Fort Worth ic Denver City.— Earnings for June, and
months of the fiscal year, were as follows
eight
for
:
.
June.
.
'Sdv.
I
to
June
1883-4.
32.36a
*3!».12l
2J,6:!5
*273,358
ISl.UOO
$309,9S1
180,970
$25,425
$15,496
$121,753
$129,011
$.^7,787
Net camlnRB
$11,363
In the expenses are items which do not belong to the
expense of running the road, but the directors say that they
are part of the receiver's indebtedness, which had to be paid
in order to protect the property from sale for non-payment
of judgment and taxes by said receiver.
clearer result of the year's operations may be obtained
from the following figures:
A
Profit,
per report
$11,352
6,55S
Taxes paid for receiver
886
334
Jiidpneiitt, etc
Land
daiiiiiges,
From
wlUoIi dedact tax for last half of year payable in Jnlir
ten years old
Correct total net earnings
$10,121
2. 15
1
$17,006
" In addition to these legitimate earnings
The report says
of your road, represented by these figures, |17,006, there is
one other item which should be considered. The Dayton
Ironton road has been using our tracks for the past year without paying any compensation for the same.
are now
negotiating with them for a settlement for the past year and
a new arrangement for the next, and hope for a speedy settlement, which will swell our income for both years."
Continuing, the report states that during the year two miles
of steel rails were laid upon the road, one mile of which was
paid for out of the earnings and charged to expense account,
and the other mile was paid for by the proceeds of a sale of a
small piece of land, of no further use to the company. The
net earnings for the year are shown to have been about 3 per
cent upon the capital stock, and the report; states that that
amount would have been declared as a dividend had it not
been for back taxes and land dauijges, together with the judgment before mentioned.
:
&
We
Loui.sville Evansville & St. Lonisi.— The first mortgage
bondholders of this railroad held a meeting at the office of
Bank
of Louisville, at which Mr. Samuel Russell preresult of the meeting amounted to the appointing
of a committee, consisting of Messrs. George W. Nirton, Jaa.
B. Wilder and A. L. Schmidt, who are to devise and mature
some plan for the protection of the Louisville bundnoMers in
the proposed foreclosure and reorganization of the company.
sided.
The
New York West Shore &
Buffalo.— The circular of Messrs.
mider date of July 25. is uiven
verbatim in the advertising columns of the Chronicle. It
may fairly be assumel that they would not thus have placed
themselves before the public had not a control of a majority
of the first mortgage bonds been wt-U assured. The new mortgage bond win be secured on the W^est Shore property by
mortgage and have also the absolute guarantee of New York
Central; will run for 475 years, during the whole term of the
Drexel,
Morgan
&
Co., issued
lease, and will in all probability sell at par when matters are
adjusted, which will give the present liolders 50 for th«it
bonds. Even in the past year of railroad wars the West Shore
has had tonnage enough to about pay the full interext of
$2,000,000. on the basis of the freight raies of
1883.
see how
bondholders can do betthis proposal.
to
The circular is
addressed
first mortgage bondholders of the New
York West Shore
Buffalo Railway Co, and say.-:
are prepared to lay the following proposal before the bondholders of the West Shore Company, in order that each one of
them who may now so elect shall have equal opportunity to
share with qs the benefit of our contract iiereinafter mentioned, and with the view also of promoting unanimity and a'
speedy termination of pending difficulties.
It
ditticult
is
ter
than
to
assent
to the
&
"We
" The New York Central & Hudson River Railro.-id Company
has executed a contract with us agreeing, upon a reorganization of the New York West Shore & Buffalo Railway Company, to take possession of the property of the reorganized
company, under a lease, and to guarantee the principal and
interest of the bonds hereinafter mentioned, which are to be
secured by mortgage upon that property.
"The conditions of the contract are as follows:
First— Tlmt
to ho is.'iued by tlie r.-oic.ini/.i'il cuiiiiiany
to $.50,000,000 four per
id
stock, the IjDiida to be da:
id
to mature at the e.iiiiratloii of tln' !(msi'. s^iv
icfaiilt in payment of mtere.1t for tw
r yu;»i>.
*'««>«(«— That of tile luDrtiiiiun hm
j.OO sliali be oflT'-red la
exoliango for the $iU,0O0,Oi)O In
»...o
bouds of llii- ureseut
company, with past duo coupons attuchcd-iliat to say, $1,000 ot tbe
new guaranteed bonds for $2,000 of the old.
slmll
lie
tlio sepurltips
limited
$10,000,000
em
(niiitiil
"
."JO.-.
lHRl-5,
Oro88 eamlii){8
Operating cxieuecs
33,531
Net earnings
the
Rio Grande.— The committee of consolidated
mortgage bondholders, of which Mr. George Coppell is chairman, liavo procured an order from the court for the payment
of the coupon due last November on the first mortgage bonds,
and it is now advertised for payment tomorrow, August 1.
A committee consisting of Messrs. Bonn, Neustadt and Scliurx
I^I4,B84
Expenaeii
.
i
,
i
U
THE CHRONICLE,
134
Buoh amount as
Thirrl—That the reraalnins $25,00n,000, except
may
[Vol.
For seven months from December
1884.
in gross earnings of $1,943,975
there
1
XU
a»
was a decreaiw
and a decrease in net of $510,323
compared with
1883-84.
arose Becelpls.
1S83-S4.
1884-85.
Deo. 1 to May 31 $18,938. S20 $3 1.4 18,560
3,232,t2i
3,748,339
Jiine..!:.:...-...
compauy shall be
i^sJi^A-TiJuttle capital stock of the reorsautz«d
Hudson Kiver Kauroad ComCentral
B,,r?"n tared to ,l,e NoV York
and guarantee.
nanv as a oousideration for Its lease eUall
,
bo delivered prior to Jan. 1,
^/i/fft-tbat the leased property
&
.
_,„„
of
therefore offer to the first mortgage bondholders
to avail themselves
the West Shore Company the opportunity
Central & Hudson River
of our agreement with the New York
KaUroad Company upon the following conditions:
us, witft
"iJ'mi—That their bonds shall be deposited with
the depositors.
by
executed
duly
attached
hereto
agreement
the
" Serond—Thait at least a majority of the whole issue shall
be secured
be denosited * * * In case a majority shall not
under
and a reorganization perfected within tlie time required
with the New York Central & Hudson Eiver
the
of expense
Railroad Company, the bonds will be returned, free
that
upon surrender of the receipts duly assigned. It is rightbonds
of the
we should add that a very large proportion
Upon
plan.
required have already assented to the proposed
the present
receiving the assent of a majority in amount of
which, we
"West Shore bonds, immediate steps will be taken
prevent
are advised, will secure prompt reorganization and
further depreciation and waste of the property."
There have been various rumors as to the terms of settlement with the Construction Company, the holders of reholder of
ceiver's certificates, &c. Among other reports a
" The settlement with
North River Construction stock said:
The
the North River Construction Company is not complete.
negotiations have been with unsecured creditors and the reThe secured creditors have claims of about |1, 500,000,
ceiver
which will be paid in full. There are $3,000,000 of unsecured
claims, of which about $3,000,000 have agreed to settle at fifty
will
cents on the dollar. The receiver cannot say what he
accept for the property until unsecured creditors are provided
acfor. Then he can estimate the value of the property and
when
cept or reject an offer. He will make such an estimate
all the creditors have been satisfied."
...
—Judge Brown, at Newburg, has rendered his decision in
of the
receiver
Green,
Ashbel
of
demurrer
the
the matter of
North River Construction Company. The opinion is elaborHe overate, and treats of the law points at issue very fully.
rules the demurrer and leaves the defendants to answer the
"Ve
-.
Net Receipts.
1884-85.
188:}-84.
$4,5«-t,G45 $5,072,391
.
,
,
883,865
870,141
$,-,432,510 $,'.,94 2,832
$22,736,709 $24,680,681
Total? mos
At a meeting of the reconstruction trustees there were
present Messrs. Garrett, Birtol, Dupont, Shipley and Cochran.
full delegation was not on hand, and no word had been
received from tlie European bondholders, the meeting was
entirely informal. The situation was discussed and several
plans mentioned, but the committee adjourned without ac-
As a
coiS
meet some time in August.
Shenaugo & Allegheny.— At Pittsburg, Pa., July 29, the
argument was maile in the United States Circuit Court, before
Judges Acheson and McKenna, on the petition of the first
mortgage bondholders of the Shenango & Allegheny Railroad,
tion, to
for permission to sell the road in satisfaction of their claims.
The stock of the road was sold to English capitalists, $800,000
in first mortgage bonds being retained by those selling. Subse-
quently the road was extended and aiditional bonds, amounting to $400,000, were issued. Depression in business made it
necessary later on for the road to pass into the hands of a receiver, upon which the holders of the first mortgage bonds ask
for foreclosure. The second mortgage bond holders and creditors of the road assert that if the road is allowel to remain in
the hands of a receiver, all of its obligations may be ultimatelydischarged, but that if it is soM now, it will bring no more
than will satisfy the claims of the first mortgage bondholders.
After hearing arguments by the other attorneys who followed
Mr. Watson, the court reserved its decision.
—
South Penusylvaiita. The meeting of the members of the
South Pennsylvania Railroad syndicate in New York, on July
24, was held at the office of H. McK. Twombly, Treasurer of
the syndicate, and precaution was taken to keep the proceedings from the press reporters. Robert H, Sayre. President of
the South Pennsylvania Railroad, and E. C. Knight, of the
Bound Brook road, were present, and the opposition Pittsburg
and Philadelphia interests were also represented.
The Tribune reports that the representatives of Mr. VanderIt is underbilt were exceedingly cautious in what they said.
stood that Mr. Twombly stated that the meeting was purely
an informal one to discuss a proposal, from an unnamed party,
to take up the subscriptions paid in at 3 per cent. These
complaint.
amounted to about $5,500,000, out of the $15,000,000 which
Norfolk & Western.— The gross and net earnings for June had been pledged to the syndicate. Mr. Twombly urged the
acceptance of this offer in view of the litigation involving the
and for six months from January 1, were as follows:
r-Gmos.,Jan.lloJim£30^ South Pennsylvania and the probable failure of certain traffic
June.
1884.
1885.
1884.
1885,
contracts which had been made with the Reading and New.
,
Gross earnings
Bipenses
$191,767
134,713
$1,237,030
791,337
$183, ^68
$1,246,502
Jersey Central roads.
The conference finally broke up -without action. Mr.
$445,692
$57,253
$57,053
NetearninKS
Twombly, as treasurer of the syndicate, requested that all
'Proportion of expen. to
subscribers who were willing to accept 3 per cent on their
64p.c.
63 p. c.
gross earninKS
investment should inform him of the fact. No time was fixed
The following comparison of traffic for the first six months or suggested for the return of the replies.
of 1884 and 1885 is given.
—The Pittsburg Chronicle-Telegraph says : From a welllS8-i.
1884.
Mileage of Passengers—
informed gentleman connected with the company, in another
6,650,233
5,884,905
Ix)oal passengers one mile
the writer obtained the following list of the original
1,512,566 city,
2,226,633
Through paaseugera one mile
subscribers to the South Pennsylvania road
126,614
787,7.^3
$453,749
:
8,111,533
8,162,799
99.574,563
33,7-23,862
38,5i6,861
35,123,718
133,298,425
73,680,579
F, B.
The circular of the company remarks: " The heavy increase
in the number of tons of local freight carried, and in the tonHiage mileage of local freight, is entirely due to the coal shipzjnets, as is shown by the following statement in tons of 2,000
ipoands:
J, V,
Total
Tonnage Mileage o f Freight—
lyocal tons one mile
Through tons one mile
Total
1884
,
1880
Coal.
Coke,
Total.
53,159
230,254
24,371
18,347
77,530
248,601
E.C Knight
John Kean
Ralpu Bagaley
Gowen
Henry Lewis
Williamson
C.&H.Borle
Sheldon
L. K.
...
W. H. Vanderbllt
H.W.
Oliver
Payne
W. C. Whitney
A.S.Hewitt
B.
$250,000
2()0,n00
H,C, Friok
100,000
D. Hoatetter
H. Phipps, Jr
250,000
2,000,000
C.
1,000,000
100,000
100,000
100,000
200,000
50,000
5,000,000
1,000,000
100,000
100,000
B, Elkins
60i>,000
B.Houston
K, M, Ferguson
B.F, Jones
J, W, Chalfant
Mark W, Watson
J,
Augustus Schell
A. Carnegie
.500,000
50;>,000
250,00t)
D. O, Mills
O. H.
Mover
$100,000
Lippincott
J. B.
J. W,
J. B.
Brookman
Colgate
& Co
I. Mauee
WilUam N. Kiddle
George
0,000
250,000
200,000
50,000
100,000
100,000
f.
1,000,000
250,000
50,000
50,000
150,000
177,095 Deo. 6,024
171,071
Southern Pacific Co.— The following are the gross and net
of the Atlantic system (1,582 miles) of the Southern
The total mileage of passengers for the first six months of earningsCompany for May and the first five months of the
Pacific
188^ was about the same as in the same period of 1884, but the
tonnage mileage of freight increased 81 per cent. The totil year
1884,
1885,
^aniles run by all revenue trains was also greater (16 per cent).
Grouts
Net
Ntt
Oross
iDcreaso
*'
:
.
,
Notwithstanding this increase of
'(including taxes) increased very
of one per cent greater in 1885."
the operating expenses
slightly, being but one-half
traffic
June
260,305
271,057
Mbv
Earnings.
75,701
44,729
293,932
33,3iil
22,254
63,779
62,253
34,024
23rt,526
Earnings.
$58,806
26,666
17,494
41,343
$669,460
$245,146
$550,598
$144,312
Aut.^il, 167,223
$518,402
375,619
Tex, & New Orlr aus.
ouisiana West
244,134
1,603,423
Morgan's Line
1.56,801
52li,202
$1,167,389
379,n83
213,137
1,127,938
$261,772
160,999
94,790
426,043
,323,393
$3,188,052
$943,604
rex,
& New
ana West
and net earnings Morgan's Line
by months are as follows:
Total.,
275,507
273,702
283,530
'
Net EariringS'
1-881-85.
18r'3-84,
$447,213
72,237
$141,616
6-i,9«8
51,635
68,166
81,307
61,:)8S
Jan.
Gill,
1
ti
$2,314,377
$2,479,250
$063,725
$322,800
Payment of interest on the scaled second mortgage 6s, new
S per cents, is advertised, and full interest on the seconds, due
Feo. 1 last, will be paid July 31.
$217,7s»3
May'iX—
Har & S«n
1
Total
Total 9 months
Orleans.
gross
:<or the fiscal years 1883-84 and 1884-85
Gross Earnings-"
1881-85,
18-S-84.
$1,016,511
Out 1 to March 31. $1,520,912
26-.;.I03
Earnings.
$l2i.8il
l.oulfii
New Tork & New England.—The
April
Enrnlnqs.
May.
Gal. Har. * San Ant $2i^,09ti
$3,390,699
127,988
—
Texas & St. Louis. The committee appointed a few days
ago by the bondholders of the Texas & St. Louis R-ailroad, to
prepare a plan of reorganization, met in the office of the
Central Trust Company. Col. J. W. Paramore, President of
Philadelphia & Bending.—The result of the joint opera- the road and Chairman of the committee, presided. The
of
the
tions
Philadelphia & Reading Railroad and Coal & Iron members of the committee resolved that the plan submitted
Company in the month of June (including Central of New by a previous committee was not feasible at the present time,
Jersey Riiilroad, leased), was an increase of $516,308 in gross and, inasmuch as they had nothing to offer in its place, they
-earnings and a decrease of $6,576 in net, compared with June, determined to adjourn si7ie die,
—
'
'
:
Adocst
1,
ghe
THE
1885.]
.
.
(]HR()NK I,R
135^
COTTON.
Cottimcrctal %ixnt5.
Fbidat, p.
Thk MovinaeNT or thk Crop,
COMMERCIAL EPITOME.
FniDAY
NioiiT, July
from
till-
.Smith to-night,
is
II.. July 81, 1886,
an indicated by our teleKrain*
For the week ending
given below.
this evening (July 31), the total receipts have reached 2,588
bales, aKiiiiiMt 2,194 bales last week, 1,972 bales the previous
:il, Ims.",,
boon some abatement of the intense heal of the week and 1,202 bales three weeks since; making
the total
and nearly geiierul niina, K^nfy to the improve- re<!eipt8 since the Iflt of Septemtier, 1884, 4,72R.918 baies, against
ment of crop prospects, and favoring the progreaa of trade for 4.805,707 bales for the same pricn] of 1883-8'!, showing •
decrease since September 1, 1884, of 81.854 bales.
the opening of the coming autumn seaiion. There is, howevur.no
SaetipUatespecittl activity to note, and no important advances in prices
BcU.
Hon,
Tue*.
Wed. I%ur(.
FH.
2VXM.
seem to be expected; in fact, the speculation in food staples Oalveaton
19
43
3
10
2
40
119>
has been toward lower prices. The obsequies of Oon. (irant
Indiauulu, dco.
....
..>
• •••
• •••
• «••
12
12
17
62
111
29
67
291
will be;held next Saturday, and the preparationsfor them divert New Orlojtiu...
Mobile
18
10
2
1
26
57
attention from business matters.
Florida
--..
....
•-..
• ••
>-.
....
Lard futures have been fairly active, but the distant deliv- Savannali
....
6
10
6
7
38eries have been drooping, closing to-day at 0'75o. for August,
Brimsw'k, Ac.
—•
....
• •••
***.
• •••
...
Thore
lina
weatlier,
—
September, «-95c. for October, 6-90c. for November
Spot lard has been only moderately
active this week, and closes at 6'80c, for prime Western
Pork has been
and 7c. for refined for the Continent.
firmer, but the improvement is not sustained, and the close is
at $11 50 for mess and $12 23@f 13 25 for clear. Cut meats
6-89c. for
and
6'85c. for Dt'cember.
have been
Charleston
Pt. Koyal, &o.
2
2
3
....
•
.•>
110
16
....
• •••
.*•.
.•a
•
*>
120
120
WHnitDKton
MoreU'd C.,<to
....
•
•-.
....
....
50
•••.
•
a.
3
.•.
13
..>
Norfolk
West Polnt.Ao
Smoked hams
hams 10>^@llc.
are
quoted at ll@ll^c. and shoulders at 6J^@6J^c. India mess
is dull at |I9@$21 per tierce; extra mess quoted lower at
$10 and packet |11@ 113 per bbl.; beef hams are nominal at
$23 per bbl. Tallow has been more active at Sy^c. Oleomargarine is quoted at O^gC. and staarine 7;8@8c. Butter is dull
and easier at U@19c. for creamery. Cheese lower at '>}4@
liic. for State factory. The number of swine slaughtered at
nine Western towns March 1 to July 23 was 2,737,034, against
3,210,918 at the same towns for the corresponding period last
season. The following is a comparative summary of aggregate exports from October 37 to July 35:
beef
1883-84.
29,34t.6()0
18''4-85.
Inc. 10.052,100
Ibg. 40,'.!!I7,000
Pork
Inc. 67.387.151
26i).i)20.482
lbs. 337.207.0a.3
Baoon
164.069.3-t8
Inc. 5;i, 1 03.788
lbs. 217,175,136
lard
Coffee on the spot has ruled quite firm fair cargoes Rio
qnoted 8?8@8J^c. for old and new crops ; and there has been
a large buHiness in West India growths and other mild grades
at very full prices. Speculative options were variable, but
the close is slightly dearer, with sellers at 7'20c. for August,
TotaU this week
7-30o. for October, 7-40c. for
December and 7-50c.
for February.
Raw
sugars have been latterly more active and close firm
fair to good refioiug quoted at a l-16@5J^c. and refined firm
at 6Ji(B6%o. for crushed. Molasses has continued dull and
closes weak at 19}^c. for SOdegrees test. The speculation in
tea remains quiet and prices are easier.
Kentucky tobacco has been quiet during the past week,with
sales of only 150 hhds., of which 100 for export; and for the
month 970 hhds., of which 500 for export. Prices unchanged
In seed leaf the movement
lugs, 6}4(a7%'c.; leaf, 7}^@12c.
has been quite large, aggregating 1,459 cases, as follows: 300
oases 1884 crop. Pennsy lvania,private terms; 200 cases 1881 crop,
do., at 5}^(ailo.; 300 cases 1884 crop, Little Dutch, private
terms; 200 cases 1884 crop, Onio, at 5i^@5}^c. 109 cases 1883
;
;
crop, do., at 12c.; 100 cases 1884crop,
cases sundries at 5<>^(§35c.
;
Nuw
England, at 15}^c.,
also 350 bales
Havana
at
and 250 bales Sumatra at $1 20c.@$l 60.
The speculation in crude petroleum certificates has been
quite active, but prices have been unsettled, fluctuating
widely, and the close is at 983.^@98%c., a decline of nearly
8c.; crude in bbls. quoted 7j4@7}^c.; refined in bbls., 8^40.,
and in cases, 9i^@ 10^3C. naphtha, 6|!^c. Spirits turpentine
15
;
on the spot has been
and the nominal quotation is
reduced to 37c., but speculation partially revived. The clo:»e,
however, is quiet. Rosin ia dull and easier at f 1 15(a$l 173^
for
common
At
to
dull,
Exchange pig iron
certificates
were dull
offered at f 16J^, with $1514^® f 15}^ hid. Tin
easier; spot offered at 22-25c., futures closing 20-40c.@20='4^c.
but steady
;
Copper quiet and steady at llc.@ll'15c.
for L^ke, 10'20@10-40c. for Baltimore and 1010@10-35. for
Orford. Lead steady at 4'lo@4>4C. domestic. Spelter steady
at 4.'4'@4>^c. domestic
Ocean freights have been fairly active, but without improvement in rates. The engagements to-day included grain to
Glasgow 2}^d. and Leith S^^d., and late petroleum charters
embrace refined from Philadelphia to Antwerp at 2s. Od. and
New York to Liverpool 23. Cd.; also crude hence to MarTin plate neglected.
seilles 3s,
269
8
50
....
6
2
18
260
924
1.392
105
1,509
2.588
••.
36
100
284
16S
186
359
260
we give the following table showing the week' 9
For companson,
total receipts, the total since Sept. 1 , 1884, and the stock to-night
and the same items for the corresponding periods of last year'
1884-83.
Stteiptt to
TAm
July 21
Week.
Ualveston
Thi»
Week.
67
Florida
Savannali....
22!),234
76,.^05
23
Br'8W'k,<ko.
16
120
Charleston...
Pt.Royal.io
Wilmington..
721.037
10,837
511,021
7,812
93,620
M'heudC.,<fec
9,621
Norfolk
W.Polnt.&o.
New York...
lis
268
8
260
...
PliUadol'a,<to
1,292
Total
519,116
283,058
68.351
83.227
42.609
55,777
^.''HB 1.723,913
StoeA.
Since 8«p.
1, 1883.
119 591,594
3
8.478
313 1 ,511,517
25 253,2.i4
17
12,916
122 654.279
8,084
127 117,579
13,705
91,767
9
12,658
123 580.019
131 222,376
194 108,313
473 185,915
162
29,972
156,603
12
11,018
291 1,514.384
New Orleans.
Mobile
Boston
Baltimore
1883-81.
Since 8»p.
1, 1834.
118
Ind'uola,<SM)
1885.
1834.
918
1,653
12
21,986
3,160
34,306
3,5<14
2
1,250
352
1,231
643
301
666
1,351
1,223
9
167,970
153,45V
70.251
6,310
2,553
7,402
6.3102,0577,530
1.283 1,80.1,767
214,48.^
2,430
213,769
In order that compaiisun may De made with other years, we^ive below the totals at leading ports for six seasons.
BeeeipU at—
1885,
Qalveat'n.&o.
New Orleans,
MobUe
i;barrst'n,
&e
136
WUm'Kt'n, Ao
Norfolk, 40..
All others
Tot. this w'k.
1888.
1881.
130
291
57
23
Bayannah
1882.
152
313
25
122
127
1,637
1,363
9
1881.
331
583
107
127
68
112
107
190
332
1880.
46S
2,603
1.921
1,025
197
555
998
111
108
2,563
137
231
118
251
87
181
913
Z.OM
1,828
3,281
2,567
2,211
1,557
1.652
3,978
2,583
1,283
7.064
1,815
17,818
8.982
1723.913 1805.767 5940.5M 161 1.02 1 5775.37 6 4899,884
GalvcBUm include« Indianola; Charleston includes Port RoyalTAoi
Blnoe Sept.
1.
Morehcad City, &c.; Norfolk iuclndes West Poiut.itc
for the week ending this evening reach a total
of 6,557 bales, of which 3,501 were to Great Britain, 519
to France !.nd 3,537 to the rest of the Continent, while the
ft'wks as made up this evening are now 214,485 l^es. Belawtare the exports for the week and since September 1, 1884.
WllmlnKtflii InoludeM
The exports
Week Eruttno July
B'XyorUd to—
M3>poft$
Oreat
from—
good strained.
to-day's Metal
....
....
113
218
....
211
.-.,
dco.
•..
>•
....
....
Baltlmoro
PUladelp'a,
•
>•••
New York
;
and 250
•
firmer, but close quieter; pickled bellies, CV^rtj 7c.,
shoulders 5J^c. and
60c.@|l
6
••
46
Oantt-
{
From
31.
ntal
1S7.M8
Orleans..
ISO
190
Mobile
riorlda.
teTwinah
.
(Charleston *
Wilmington
Norfolkt....
Sew York..
Boston
Battlmore
8,000
SOI
2.8S1
.
S,S0S
SOI
o.sia
518
3.B37
nenU
8,087
un.nm
»>«»'-
700
1S,8S»
188.996
SSOuBBB
IM,919
a9>.aM
8,U&
11.040
ae.sTo
188JS88
10.871
s.ais
8.907 8.1«.«a0 888.118 1.031.101
i.oso'
t.my ai.tiii».4i7.7S4
Total tSRS-M ia.464
* lotittdes exports fmm Port Koyal. Ac.
t iDOtodes exports from West Point, 4o.
I
04,119 981.«1»
838.868 1,890.888
no
ISO.SOfl
««.7SS
3.S01
31, 1880.
Cbnti-
aae.6oe Ma,84fl
48,180
8,S86
178.008 11.SS0
164.311 «a.8s«
Bl.SiS
818.900
6,878
IDS.mS isjtsi
tSS.filS
..
fhlladelp'a.&e
Total....
Oreat
Brttaia. "•"'^^
,j»jTWU)n...
New
1. 1S84. to July
Export*A to—
Sept.
es.8e».
81S,3(e
T3S,1I5
130.I2A
108.971
t«.D71
8.66UU«
8«0<Mfl usasiofr
—
prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales.
daUy market, the
to-night also gi^«;
In addition to above exports, our telegrams
on shipboard, not clearea,
hb the foUowing amountB of cotton
similar figures for New York
rt^e ports nined. We add
Messrs. Carey, Yale
which are prepared for our special use by
Street.
^___
A: Lambert. 89 Broad
On Shipboard, not cleared—for
iSsi
%l-l
o^-s-E^ i5&l
5o»t^, S^Tmo.
® P"
SS*®3 i^al
--(5
Other
Great
France. Foreigyi
Brilain,
OOOilr
wise.
Total.
3.040
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
None.
500
None.
4,450
None.
17
None.
None.
None.
Nolo.
None.
None.
None.
3,515
None.
None.
None.
None.
None.
13,950
1,500
10,952
3,516
4,150
47
18,995
195,490
6,705
8,640
None.
2,200
122
300
9i0
4,505
9,027
11,401
204,712
279,289
452
None.
Koue.
None.
None.
Ke-vp Orleans
Mobile
Gharleeton
Savannah
Galreston
SoifoUt
None.
y,ooo
Mew York
1,500
Other ports....
Total 1885.
Total 1884
Xotall883
speculative
o
has
spot
the
for
CCff,
There was a
t-
00
I
fair
e
I:
99
09
-i.-'
cj.
coco
00
66
5
CO ^ 00.
cm
2
«<i:
1
te -O
5
C. CM
^
s.-
^'1
.."1
LowMidd'glO
|
9 "4
lOMe 10i«
Good Mid .lOi*
109, B
103j
lOiis
Btr.G'dMid 101ii6l0»8
Midd'g P'air llije ill
iAVed TU.
Ordln'y-*lt>
Strict Ord..
I
Low Midd'g
Btt.L'wMid
Mlrtdliiig...
Good Mid..
Bu <idMld
Mldd'gFairll»,e
yair
1113
I
Ills, 6
lim
116,:
toto
15
11%
I
10%
101,6
103,6 IOI4
107,6 10%
10»«
l(,9,e
1013,6 10%
113,6 lli«
llTg
1113,
8%
813j6
958
69)6
915,6 10
IOI4
106,6
10-16 lOlfi
10»,6 10%
10% 1013,6
10-6,6 11
11%
116
STAINED.
Sat.
11 lb.
71I16
S%
OrtUuary
Middling
Middling
Strict Gooil
Low
93ie
913,6
10%
7%
85,6
9i«
87,6
9>4
9'8
9%
9
lOia
1011,6
lO'e
III4
o6
t0tDo9
66^d
tttro9
6<i06
to
5
2
"
toto
6 y»
«.«:
sex:
I
s<c:
I
tO>E
4
coo
5
CiOi
2
toto
6ra
©CD
®p:
I
CUi
« MM O
^
2
osos
CD
(0«0o«?
to
O)^
§Jp:
aw:
I
w
COCO
I
«?=:
1
2
"^
©P:
ro
99' 5CD
I
:ctOQCO
5
2
*'
tDtSo9
CO(D
.to
I
99
ou*g
®*
I
©XOW
-'i
ccdb
2
obob
9
i
99
<»-4
CCCD
2
ceo
,1:
9%
9"l6
gi'lclO
000
-4CdO^T
CCtt)
OP
I
9:
M to
tooigo
csico
-»-
o
u«
00
cc
5
2
CO
66
1
»9
i,
ciix
2
I
9
:
to-ogto
toto
c»'X
tote
SI
09
6tD
O'O
2
te
©o
66
tox
00
ccto
I
:
©
«
I
I
<
2
'^
s.u:
I
1
tot-.
M
2
*"
a,";
o
totooto
>-< ,M,
M
5
66Ca)
5
COoO ©OoO ocoo Wooo©M OO09
c6c6 66©
6606 66c6 6r^C6
(B
9i
89,6
00
66
99
00
Fri.
9^6
CO
CDCcCob
*"*
963
99,6
^'5,6 915,6 10
IOI4
1014
105,9
101,6 lO'ift lOlfi
109,6 109,6 10%
10% 10% 1013,6
1016,6 1016,6
11%
116i„ 115
1116,6 llli>le 12
718,6
81s
ct::o^cr
5 OQ
ODO
(D(0
8%
713,6
81s
»°16
o
eo:oo9
ccccOob
Fri.
8%
«**:
I
I
05 -J
IHon Tucs 1¥ed Tb.
7%
coco=o
too® totoo9 totoo9
09 to
6ic6
66oa 6606
io» o
to
>
d
I
103,6
§^8
8%
*
cr.
g'^s
11%
86,6
-^1
CO
66
c.#-
a
I
9Ii3
TVed Th.
Fri.
8%
65,6
9%
9%
©
<
«">:
606 660ffl
00 to
99 <
a 05
00
O'Xio^
-^ -g
ffiOoO
oto
CD
O.":
I
99
dcon
2
-1
2
'^
01^
811,6
to
2
«.":
I
2
(ogo
<
CtDc
ogt<
']-jo6
totooo
TEXAS.
Sat. lUon Tuea
lOWi
IOII19
lo^a
III4
10%
1116,6 1116,6 12
lli3i6'lli3,6lllT8
Good Ordinary.
9'8
103,6
Frl. ;T¥ed Tli.
SI4
85,8
868
81116 8%
9»«
9»16
S'le
913,6' g'a
916,,
lO's
lOifl
103,6 1014
106,6 106,, 10%
107,6
109,8
107i„ 107,6 lOifl
lOSg
105»
1011,6 10%
1013, 611013,611078
1015,6
83,6
SUo
Good Ord.. 97,a
Btr.G'dOrd; ir\(,
I
•
lUs
11%
lllil|6ll°9
Fair
9%
IOI18
lO^ie 1014
I07,a 10%
lOOg
l09ie
10i3ie 10«i
Ills
113l,
1014
103b
MidcUiUfT... 1106,8 11014
^
^^
9%
Btr.L'WiMid lOSio lie's
O'Ci
CM o CO
99
66 5
toto
OOoO
6606
I
O *1
<!
«-
95"!
I
o
D
(OX
CS
I
,1^
tOfflo'O
60
^
toto
^1^
»?;
I
to»c9
-j .j O M
were
<
»
aa:
©Oo«>
tc»
each day of the past week.
S^ie
9^4
9»8
9iSje
^'s
2
<i-i
-1-iO.g
Btr.G'dOrd
**
I
I
to-
demand
8l8
8918
Ci03
9.-^:
St?:
I
to
ooo9 oooo
6c06 go
—
83l6
858
97l6
915,6
<] to
h-
eo:
I
bales
in transit. Of the above,
for speculation and
were to arrive. The following are the official quotations for
8I4
811,6
91a
00
CO--'
cooo
CCoO OOoO oco9 coc9 COcO
KltoOtO
2
81s
89l6
93a
&o:
I
;
o
I
IJ
,6.
I
9,
S
'i
m
99
5 ©o
w a
<
**
too,
9.*-;
<(
33l8
8»8
97, «
913l6
09
I
I
99
<
«*
I
:
CO
o. tn
Sis
8«i«
«
I
09
too
Sije
8'a
95i6
91iia
11-
90
CO
t>
cccc
reduced l-16c. on Saturday and again on Monday. On Tuesday, however, there was an advance of ]ic. and on Wednesday l-16c. Yesterday there was a revival of business for
export at full prices. To-day there is a further advance of
l-16c., middling uplands closing at lOJ^c.
The total sales for forward delivery for the week are 331,000
For immediate delivery the total sales foot up this week
bales.
3,768 bales, including 1,300 for export, 2,468 for consumption,
Ordin'y.^B)
Strict Ord..
Good Ord..
life:
• toO-
toy,
03
July 25 to
July 31.
S
§
Sr'^a
I
0;^
NEW ORLEANS.
Sat. Mon Tues
feg.O
K
I
Vi'
CjO'
early in the week, yet quotations
UPLANDS.
Sat. mon Tues
=
-^
00
Cotton on
—
&*
•
-3
-J*>5
re
I
variable.
been
home consumption
—
:
I
week
market have excited considerable interest for the
wellis a
feature
conspicuous
most
The
review.
under
drought
developed "corner" on August contracts. Reports of
week, but have
in Texas have been current throughout the
rain in the
not attracted much attention, and the reports of
disSouthwest, even at Shreveport and Taxakana, seemed to
South
in
worms
of
appearance
the
of
Telegrams
prove them.
Carolina had some effect in advancing prices on Wednesday.
Liverpool and New Orleans responded but feebly to our
To-day notices for delivery for August conadvances.
were readily
tracts were issued more freely, but they
taken up,
Z\'<
"^
3:
4^
values.
2
2.1'-
•
this
to
CS
=;
;
Is.-?
in cotton for future delivery at
giving an upward turn
3
JB SP
I
movements
3. £.2
U>
O) C5
:
JOLVSl, AT—
-
[Vol. XLI.
THE CHRONICLE.
136
The
J
;
a
Si
I
9
<
2
**
:
90?
oOo
to
00
CO
I
">
eta:
MH-OD^
09 ©Co© ooo© c©oO
M.10»^
p.©
05
oto
o
tcio
t-.
<
I
1
I
1
I
I
MARKET AND SALES.
The total sales and future deliveries each day during the
are indicated in the following statement. For the conT.enience of the reader we also add a column which shows at a
glance how the market closed on same days.
week
SALES OF SPOT AND TRANSIT.
SPOT MABKBT
Ex-
Oon' Spee- TranTotal.
port. \»ump ul'fn
CLOSED.
Bat.. Quiet at 1,8 dec
Mon. Steady at ii« dec
Xnes. Firm at is adv.
Wed. Firmer at ija ad.
ThatB Steady
Fri.. Firm at 1,6 adv..
.
.
Slotal.
rUTORES.
1
....
....
....
....!
1,300
....j
384
417
612
440
202
353
1,3002,468
'.'.'.'.
-••.
....
eries.
1,000
2,600
3,768 334,000
4,400
Ins;
comprehensive
table.
800
dav
shown by the followIn the statement will be foimd the
are
I
I
I
I
I
1
I
I
HT
42,800
35,500
1,502
daily didlvenes given aliove are actually delivered the
previous to that on which they are reported.
The Sales and Pricks of Futures
•
Deliv-
384 59,800
447 09,700
612 46,100
410 80,100
353
The
Sales.
I
Includes sales in September, 1884, tor September, 153,200 ; Septem tier-October, lor October, 421,800; 8eptemi)er-November, for November582,200; September- December, for December, 967,800; September
January, for January, 2,114,100; September-Feliruary, for February,
1,059,200; Si-ptembcr-March. for March, 2.291,100: September-April,
for April, 1,738.500; Soptember-May, for May, 1,878,500; SeptcmljerJ unc, for Juno, 1,800,700
We have tucluded In the above table, and shall continue each
week to .ffive, the averatre prioe of futures each day for each mouth. It
will Ite found under eac^i dav following the alibreviation "Aver." The
average fof eacli month for tlie week is also given at bottom of Cable.
TTansferalile Orders— Saturday, 10-20c.; Monday, lOSOc; Tuesday,
10-350.; Wednesday, lO-SOc; Tlmrsday. 10150.: Friday, 10-500.
Short Notices for August-Tuesday, 10-34c.; Thursday, 10-480,
*
The following exchanges have been made during the week:
05 pd. to exch. 300 Nov. for Oct.
'25 pd. to exch. 500 Sept. for Aug.
26 pd. to exch. 500 Sept. for Aug.
•22 pd. to exch. 200 Oct. for Sept.
'30 pd. to exch.
200 Oct.
for Sept.
tor August even.
•01 pd. to exch. 900 July for
100 Nov. for Dec. even.
•74 pd. to e.xch. 100 Deo. for
700 July
Aug.
Aug.
M
AoarsT
Tflif
Vwini.R Supply of Cotton to-nlKht, an made up by oabl«
luiil
'
I
th<n.'
.
:it
e
.
UT
XH^; CHJiONKJLE.
1885.]
1,
—
.
M
as follows. The Continental Htocka. aa well
Britain nml the afloat, are this week's retiinii",
is
and cviiLsoiiUently all the European Hk'T™ ft*^' brought dowr
to Thursday evening. But to muko the totjils the comulot*.
figures for to-niyht (July 81), we add the item of exports from
the United St«te6, inuluding in
it
the exports of Friday only.
balea
/mw thun at
tlto
same
piiriod
iMt
y.-'
Ph..
-•'
th« aatiM townn have been '),09i) bal>'
treek last year, and since S.-^ptember
towns are 232,907 baUM len.i than for the saiuu tiuio in
1
i
(QUOTATION'S FOR MlDDMSO riiTr(,\- at nrilKH Af
[n the table below we give tli
ootton at Southern and other
day of tbe past week.
v
PipUi
nil
Btook nt Liverpool
Btouk ut Uiuilon
b»le«.
Total (ireat Britain stock.
Stock at Ilnuiluux
Bto.l,
II
Btor
1RS3
641.000
927,000
29,000
ti4,000
iti.SOO
Tl.UJO
779.000
»0.1,000
772.1)00
4.100
41.000
0,1200
973,300
8,800
47,S00
H2.000
2,300
8.200
t;oO
1H0,<)(X)
400
900
:.
Bto,!,
..na
Bti..
Btoik
6;t.300
4rt.000
4'.',000
.lain
.lam
Btmli .,1 Ai .\,TU
B«H>k at Havre
Btock at M.i-=. tile*
Bto.
1HS4
.
000
170,000
4,000
62,000
9.000
10,000
3,800
220,000
0,000
70,000
12,000
11,000
34^,400
416,700
lltl.OOO
l^S2
7(>I,nr)0
Wtek entUng
JtUyii.
vi.diJO
SO.tiDO
1 I.JOO
2.()i)0
9,900
81,000
17.000
14.000
l.'.iOO
Galveston
...
332,000
Snvannab
iik-
r•T^._
Obarliuitou
lob
T,
rocks ....1,121,400 1,351,700 1,30.5,300 l,0ii4.<;00
IfiO.OOO
Knrope.
78,000
30.'J.(H)0
260,000
II Kiir'po
51,000
43.000
08,000
(iS.OOO
.irE'r'pe
1.000
20,000
20,uOO
8.000
213,7(i!>
sports.. 214,t.><5
203,690
175.t( S
•
!
Egypt. i;i
Block 111
I
rtowna..
Btookliil
United Stales oipuiUitOHlay..
1H,433
4,000
1H,142
1,430
49,566
20.149
2,ni0
1,800
1,477,477 1.927,902 1,993,9S6 I,ri80.l57
Total visible gnpply
Ot tbe Ht>ove, the totals of American and otbor desorlpttuns are as f ulluwt:
Amtnam—
bales
.36,000
22S.000
Amertcanatloat for Europe...
United States stock
United States interior stocks..
United States exports to-day..
4:j.000
LIveriKM.l stock
Continental stocks
Total American
Xast
liuliati. Brasit,
515.000
2.50,000
.M.OOO
213.789
18,433
4,000
214,435
18.142
1,450
673.000
201.000
08.000
2a3,ti!i0
49,56(!
391,000
88.000
05,000
175.408
20.149
1,800
2,000
1,01'.,077 1,059,202 1,290,056
744,557
251,000
46.300
128.000
307,000
de,—
Continental stocks
India afloat for Europe
1,000
Eftrpt, Brazil, *o., afloat
260.000,
20,000
71.1100
143,700
305.000
Plllla.lrllMlla.
769.700
708.300
436,400
1,011,077 1,053,202 1,290,056
Mempbis
835.600
744,557
1,177,477 l,8:7i)02 1,998,356 1,580,157
Total visible supply
5i>6d.
5iad.
0\d,
7d,
PrloeMld. Upl., LlTeroool....
lOiflu.
ICso.
13li60.
New York....
ll'ito.
ports this
week have been
9,000 bales.
The above
figures indicate a decrease in the cotton in sight
to-night of 3.')0,42.5 bales as compared with the same date of
1884, a decrease of 520,879 bales as compared with the corresponding date of 1883 and a decrease of 102,630 bales as
compared with 1882.
—
Interiok Towns the movement that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1883-81 is set out in detail in the following statement
At the
10^8
lOSg
10
101«
10
10
lo>a
104s
lODs
lok
10^
10
10
10
10
10
10
10
10
Ciucluuati...
Louisville
10>4
lOig
10>9
1009
101*
1014
lOV)
\V*
10^
1013
lOis
10
10
1014
1014
lOJe
10 >4
10
I0>«
10>«
lOOg
9^
9%
9?
10
IOI4
101,
10>«
10>s
103i
10
10
10
10
10
lOi*
lOig
10%
10%
10
AMOUNT OF COTTON IN SiOHT JULY 31.—In the table below
we give the receipts from plantations in another form, and add
to tnem the net overland movement to July 1, and also the
takings by Southern spinners to the same date, so as to give
substantially the amount of ootton now in sight.
1884-85.
1883-84.
1882-83.
1891-82.
Receipts at tbe ports to July 31 4,723,913 4,805,767^5,9 10,554 4,661,024
[ut<rlor 9tock,< on July 31 lu
excess ot September 1
3.363
<26,849|
41,401
•20,979
from planta'tns 4,727,276 4,77'*,918 5,981,935 4,640,045
r3,6o;
1
60,),566
637.698 464.336
1
261,000 292.000 318,000 229,000
Net overland to July
Soutbcm consunipt'nto July
Totallnslght July 31
5,593.842 5,644,523 6,937,653 5,333,3^1
8,000
Price Mid. Upl.,
|^~ The imports into Continental
9'^
18""
lOk
St. Loui.s
Nortbem
Total East India, <&0
Total American
rri.
O'g
l2""
..
Tot. receipts
326,000
64.000
190.700
169.000
20,000
215.000
28.000
111,400
78,000
Uverpool stock
londonstock
WrMiuK
9<
0%
Ok
9%
.
WllinIii»,'ton
Norfolk
Boston
.\llj;il,Hta
Intli
Auii'i
o->t
ng
,
is -
tore miudi.is
Tuet.
.
.
13,100
231.700
9^8
Orleans.
Mobile
Raltiinorn
Total Continental Stocks
Mon.
New
2.j,000
(5,100
yuorxiiuNS
CUJSt.sii
Sattir.
the
l'<»:j-84.
,
188&
751,000
ftt
same
—
spinners' takings to
1,349.688 1,535.261 1,708. 113!l,601, 104
July 31
*
Deorciise from September
1.
It will be seen by tbe above tbat tbe decrease In amount In sight
to-nlRbt, as ooMiparcd wltb last year. Is 50,*)8l bales, the decrease
from 1:^82-83 is 1,343,811 bales and zbe increase over 1881-32 Is
260.461 bales.
Weather Reports by Teleoraph. — Our
telegrams from
the South this evening indicate that there has been a continuation of favorable weather during the week. In some portions
of South Carolina and Alabama caterpillars are reported to
have appeared, but with little injury as yet to the plant.
—
Galveston, Texas. It has rained on two days of the week,
the rainfall reaching forty hundredths of an inch. The thermometer has ranged from 78 to 91, averaging 84. During the
of July the rainfall reached two inches.
Indianola, Texas. We have had rain on two days of tlie
week, the rainfall reaching forty-three hundredths of an inch.
Prospects splendid. The thermometer lias averaged 83, ranging from 72 to 96. The rainfall during the month of July
reached two inches and five hundredths.
Palestine, Texas. There has beeu one light shower during
the week, the rainfall reaching two liundredtlis of an inch.
We are needing rain, but there is no actual sutTering as yet.
The thermometer has averaged 83, ranging from 71 to 94.
Kainfall for the month of July one inch and seventy-seven
month
—
o
33
—
Mf3
. *-
i,^
^ ^. X M
» "
t-.
»
la,
op
hundredths.
»-
Cd
s
?rS'
^
J--
as
1
s
—
HwntsoiUe, Te.vas. It has rained (jlorioasly on one day of
the week, the rainfall reaching two inclies. The crop could
not be more iiromising. The thermometer has averaged 84.
the highest being 97 and the lowest 71. Duruig the month of
July the rainfall reiiched four inches and fifty Imudredths.
—
Luling, Texas. We have had warm and dry weather all
Crops are fine and picking is beginning. Two
more new bales this week. The thermometer has ranged from
During tlie month of July the rain75 to 90, averaging 85.
fall reached two inche-s and fifty hundredths.
Thero
has been one good shower during
Columbia, Tvxas.
the week, the rainfall reaching forty-eight hundredtlis of an
The therinch.
Crops continue exceedingly promising.
mometer has averaged 82, ranging from 71 to 93. Rainfall
during July three inches and tvvelve hundredths.
Brenham, Texas. The weather lias been warm and dry
all the week.
Cotton is opening fast, and the prospects continue good.
Uplands and sandy lands would be benefitted
by a good ram, but bottoms do not want it. The thermometer has averaged 86, the highest being 103 and the lowest 72.
During July the rainfall reached two inches.
Belton, Texas. We have had warm and dry weather all
tlie week.
Crops continue good, but will soon need moisture.
Average thermometer 80, highest 98 and lowest 61. During
the month of July the rainfall readied one inch and nine hunthe weeli.
ccts
-^.
OOIC
1
Mto^OSOSMCO
—
lfrtfc>
en
u
—
to
y
COCO
^}^~
;-"MCOW
^^
*^
OS
v — :r p- 10 *j o
M
CD
o:c<^XM«c^ CO
rf-
,
'^
O — tJ O' W »- OS
c;>vjoici'OODOtcoj*»: iCNM<ic>:cto;oco
1:1
MCO
tOOtO^' ICO
CO
I-'
—
dredtlis.
a M CO CO
a -JO: -3 1- en A
o
as<>>couifr5Q*'i
Tieatherford, Texas.— The weather has been warm and dry
u » i^o
c CO a M>
all the week.
The crop is developing promisingly. The therThe above totals show that the old interior stocks have mometer has ranged from 61 to 97, averaging 79. During the
dtoreased during the week 1,099 balee, and are to-night 291 month of July the rainfall reached one inch.
•
CO
:;*
re
o -^ -1
cfi •>)
5
THE CHRONICLK
138
dry weather all
Dallas, Texas.—Vie have had warm and
therCrops continue very promising. Average
July
mometer 86, highest 103, lowest 73. Rainfall during
July 30, '85 July 31
the week.
thirtr-eicht hundredths of an
five days of the
New Orleans. Louisiana.—It has rained on
hundredths of an
•week, the rainfall reaching seventy-four
inch. The thermometer has averaged 83.
,
,
,
sixty hunShreveport, Louisiana.— nairtfaM for the week
inch. The thermometer has averaged 84, the
inch.
[Vol. XLI,
Inch.
Feet.
New
Below liiRti-water mark
Above low-watermark.
Above low-water mark.
Above low-water-mark.
..Above low- water-mark.
Orleans
Menipliis
Nashville
Shreveport
Vioksburg
4
7ncA.
Feet.
8
4
10
11
8
10
4
2
16
20
o
7
19
8
4
New Orleans reported
below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to highan
dredths of
water mark of April 15 and 16, 1874, wliich is 6-lOths of a foot
highest being 99 and the lowest 74.
above 1871, or 16 feet above low water mark at that point.
Meridian, Mississippi.— Telegram not received.
day
India Cotton Movement fhom all Ports.— The receipts
Columbtis, yiississippi.—\t has rained heavily on one
ot an and shipments of cotton at Bombay have been as follows for
of the week, the rainfall reaching eighty-one hundredths
being
the week and year, bringing the figures down to July 30.
inch. The thermometer has averaged 84, the highest
BOUBAT RECEIPTS AND SHIPMENTS FOR FOOK TEARS.
97 and the lowest 70.
,
,
,
,,
^u .
weather
threatening
Leland, Mississippi.— ^^ have had
Receipts.
Shipments this week. Stii2>meiits since Jan. 1.
raintali
the
only,
day
during the week, but with rain on one
Great
OontlThis
Since
ContiTear
Orent
therAverage
inch.
an
Total. Britain
Total.
reaching nineteen hundredths of
nent.
Weeli.
Jan. 1,
Brit'n. nent.
mometer 8S'6, highest 94 and lowest 72.
warm 1885
209,000 455,000
661,000 2,000 973,000
Little Rock, Arkansas.— The weather continues very
.
_
.
and some portions
of the State, especially in this vicinity, are
needing rain. We have had two light showers during the
week, with a rainfall of eight hundredths of an inch. We
must have general rain soon, or crops will be greatly injured.
Average thermometer 86, highest 96 and lowest 75.
Last week we had rain on one day and the rainfall reached
forty-four hundredths of an inch. The thermometer averaged
During the month of July we had
84, ranging from 73 to 96.
rain on six days, and the rainfall reached ninety -eight hunThe thermometer averaged 83 and
dredths of an inch.
langed from 67 to 96.
Helena, Arkansas.— li has rained on one day and the
remainder of the week has been pleasant, hot and dry. The
Crops are develrainfall reached five hundredths of an inch.
oping promisingly. The thermometer has averaged 86, the
highest being 96 and the lowest 76. July rainfall three inches
and seventy-eight hundredths.
Memphis, Tennessee. ^We have had no rain all the week.
The crop is developing promisingly. The thermometer has
ranged from 74-5 to 96, averaging 87. Last week it rained on
four days and the rainfall reached ninety-eight hundredths of
an inch. Crop prospects continued good. Average thermom-
—
eter 83, highest 95 and lowest 74.
have had rain on one day of the
Nashville, Tennessee.
week, the rainfall reaching nine hundredths of an inch. Average thermometer 84, highest 96 and lowest 73.
have had rain on five days of the
Mobile, Alabama.
w^eek, the rainfall reaching eighty-four hundredths of an inch.
Crop accounts are more favorable. The plant is developing
promisingly. It is claimed that worms have appeared in a
few localities of Central Alabama, but no damage is apprehended. The thermometer has averaged 80, the highest being
82 and the lowest 70.
Montgomery, Alabama. Telegram not received.
have had rain on three daj's of the
Selma, Alabama.
w^eek, the rainfall reaching one inch and twenty hundredths.
Crop accounts are more favorable. Caterpillars are reported
to have appeared, though the injury done is as yet limited.
—We
—We
— We
—
The thermometer has averaged 81.
Auburn, Alabama. The days have been warm, but the
—
nights cool during the week. It has been sliowery on three
days, the rainfall reaching two inches and three hundredths.
are having too muc)i rain. The cotton plant looks strong
and healthy. The thermometer has ranged from 70 to 90,
We
averaging
79.
—
Madison, Florida. Telegram not received.
Macon, Georgia. We have had rain on one day of the
—
5,000 6,000 477.000,589,000 1.066,000
9,000 26 .000 438,000 765,000 1.203,000
8,000 9,000:706,000573,000 1,284,000
1884 1,000
1883 16,0u0
1883 1.000
1
;
4,000 1,518.000
4,000 1,526,000
8,000 1.573.000
Accordmg to the foregoing, Bombay appears to show a
decrease compared with last year in the week's receipts of
2,000 bales, and a decrease in shipments of 6,000 bales, and
the shipments since January 1 shew a decrease of 403,000 bales.
The movement at Calcutta Madras and other India ports for
the last reported week and since the 1st of January, for two
" Other ports" cover Ceylon,
years, has been as follows.
Tuticorin.
Kurrachee and Coconada.
Shipments tinee January
Shipmentt for the week.
Continent.
Qreal
Britain.
Oaloutta—
1885
1884
MCadras—
1885
1884
All others—
1885
1884
Total
Great
Britain.
Total.
Total.
69,400
54.400
87,500
15.000
40,200
4,ono
19,500
"600
4,000
20,100
127,700
200
200
24,700
8,500
21,700
11,200
49.400
19,700
SCO
200
83,100
115,500
39.700
52.000
122.800
167,500
aU—
1885
1884
Continent.
1.
The above totals for the week show that the movement from
the ports other than Bombay is 200 bales more than same
week last year. For the whole of India, therefore, the totals
shipments since January 1, 1885, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EOROPB FROM ALL INDIA.
1881.
1885.
1883.
Sk'nments
to all
Europe
from—
This
week.
Bombay
All other porta.
Total
"266
200
Since
Jan. 1.
This
week.
Since
Jan. 1.
Thi*
week.
Sinet
Jan.
1.
lii2,800
6,00011.066.000
167.500
25.000 1,203.000'
2,200j 105.300
786.lnol
6,00oll,233,5'iO
27,200l 1,303.300
664,000
This last statement affords a very interesting comparison
the total movement for the three years at all India ports.
of
Alexandria Receipts and Shipments.— Through arrangements we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable ol
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
week. Accounts are favorable, but the crop will be later orresDonding weok of the previous two years.
than last year.
Alexandria, Baypt,
Columbus, Georgia. ^We have had rain on three days of
1882-«a.
1883-84.
1884-85.
July 29
the week, the rainfall reaching three inches and ten hundredths. It is claimed that caterpillars have appeared, though Beoeipts (Oantara*)—
This week....
the injury done is as yet limited. The thermometer has aver2,251,000'
2,64i"obo
s.eis^obo
Since Sept. 1
aged 83, ranging from 75 to 93. Rainfall for the month of
ThU BiTtee
Since
This
Since
This
July four inches and thirty-five hundredths.
week. Sept. 1. week. Sept. 1. week. iSepl. ^ ,Savannah, Georgia. It has rained on one day of the week,
the rainfall reaching one inch and sixty-five hundredths. Exports (bales)—
230,000
252,000
299.000
W^eather warm. The thermometer has ranged from 75 to 94,
to ijlverpooi
89,000'
139,000
201,000
To Continent
averaging 84.
Augusta, Georgia. The weather has been very warm, with
32»,00O
391,000
500,000
Total Europe
light rain on two days of the week. The rainfall reached
A oantar Is 98 lbs.
forty-two hundredths of an inch. Cotton is doing finely and
This statement shows that the receipts for the week endwgr
promises a good yield. Average thermometer 83, highest 101, July 29 were
cantars and the shipments to all Europe
lowest 73. During the month of July the rainfall reached
bales.
three inches and fifty-seven hundredths.
Manchester Market. Our report received from Manchester
Atlanta, Georgia.— Telegram not received.
We give the
that the market is quiet.
Charleston, Houth Carolina. It has rained on one day of to-night states
weeks' prices fear
the week, the rainfall reaching three hundredths of an inch. prices for to-day below, and leave previous
com parison.
The thermometer has averaged 85, ranging from 77 to 94.
1884.
1885.
Stateburg, South Caroli7ia.—We have had rain on three
days of the week, the rainfall reaching fifty-five hundredths
Ootrn
Oott'n
8>4 lbs.
Cop.
32<
(»f.
32f
dm.
8H
Mid.
of an inch. Caterpillars are reported to have made their
Mid.
Bhirlings.
Iwisi.
Shirtings.
Twiti.
XTpldt
Upl'S
appearance near here around Wedgefield Depot on the Wilmington Columbia & Augusta Railroad. Average thermometer
a
a.
A.
«.
d.
d
a. » d.
A.
s. d
80-6. highest 93, lowest 71.
6%
5iB,a 8% « 914 5
Ho liday
May29
91415
63ts
51Bi«
8%
9
5
596
9
8H07
WUson, North Carolina.— It has rained on five days of the June 5 8 »89i„
••
5 1»6 9
5% 8% a 9>4i5 gi9»7 1%
'aSOie
12 8
week, the rainfall reaching two inches and eighty-nine hun• lu 711l6-ST,«
71847 1
6%
a6 11
8»8 *
dredihs. Tlie thermometer has averaged 85, the highest beine
" 26 7Hi« 87ia
»6 11
si's »
»7
5»ii
»
o
»
95 and the lowest
®7
»6 11
« 9ie!5
—
1
—
—
—
—
73.
The following statement we have
also received
by telegrapn,
*''*'^^°' "^^ '^"^^ at the points named at 8 o'clock
T*J'^/
July 30, ,'our
1885, and July
31, i«b4,
July 3
" 10
" 17
" 24
" 31
778 «87i„
7i5,8(»8ia
a8ia
8
Sie a8»ja
8is«8»jB
96 11
ite 11
6
»7
•?
511i* 80s
5»8
8»8
5>a
5>9
i
8»8
89r
8=6
»
»
»
»
9>85
•7
«7
»7
9^815
8ia»7
8%'
n>«|5
66|B
6»i«
6J4
6>4
H«
i
—
Anii-sT
iMsr).
I.
]
c
.T<v ililn
Wo
liavi- ji'lvir
*he
ralnii
ami
'
lluely.
tr:<
THK CHRONICLK
n,
T)\(i(ilN-rj,
since
fiiir
hftvf
way, Mo dtuiiu i-,
far as we can learn (jiioti
Oc. for ]'.; lb., Ui,(-. for
^ ii.., p
Standard Kri"'<'«- HuttH have undii
of
'I
EctYPTi.\N Cotton Crop.— Mr. EJ. Sladolmann, of Aloxan'•
Juno 30 as follows:
writes us unrti"•• Till' ('(iIioM
(if tlio
ill K<*u*'ral, but lii ooUHoqucnno
(-roll ))t
'
.t;;ti,i
.11 ..r
,^
t,i*;i
.itfl
trt
ir
.
i
ljnpn=;-;t!jlf
Tn s:iv !lTivrlilnj(
'li.il
.
iiy
.i.-y
t
li.r.
'
dl.
ti>
I
rino; It
liownver, lower th»n In prccmllng
In,
llh (iiiiire pn)iirt'»».
wii.^^
:irm mill moist, consequently fnvoniblc for
•')
i
tbt> .ii
"Ill
aucc
U
4kn<l
t.
ui
lit
dU ul ii\
iiui to lie
u uoi uir;
havoannoiinocd the apixtarhowuvcr, Is repeated vvory Keusou
:iiiil
Zirte tlioy
iliiii
fuvt,
considered of any impurtiiucc."
I
COMPARA.TIV'E POKT UKUKIPTS ANU D.ULY CROP MOVKMKNT,
couiparison of tho port movement by weeks is not aocuntte,
tho wti^ks in clillerout yeiirs do not end on the same day of
<he month. We have coni<e<iuently added to our other standing
tables a daily and monthly statement, tliat the reader may
constantly have before him the data for seeing the exact relative
movement for tho years named. The movement since
•September 1, 1884. and in previous years, has been as follows:
—A
a
Mucaiplt.
1881-85.
grades
were
i|Uiit<Ml
1883-84.
1832-83.
.
Vtbnuuy.
«bi«b...
a»ta....
Jtme......
-«wy
1931-82.
261,141'
163,503
103,3741
35,575.
11.855|
10,19l|
385,933
241,514
111,755
45,91S
31.632
19,504
695,59>'
482,772
284,519
185.523
78.501
42,299
333,613
888,492
942,272
956,464
647,140
447,918
264,913
158,025
110,006
88,455
54.258
4,723,913,4,803,977 5,936,515 4,657,377 5,759,853 4,891,586
iFAro'tai^ of tot. port
98-32
98 05
97 79
reoelpt« July 31 .
9866
09 04
1884-85.
1883-84.
1882-83.
1881-82.
1880-81
1879-80.
-SM.Jn.30 4,713,719 4,784.473 5,894,216 4,620,487 5,681.281 4,837,328
July l.„.
104
1,945
8.
3.402
1.904
2,406
" 2....
214
193
2.902
3.186
8.
2.701
" 3....
260
685
2.287
1,733
1,521
B.
" 4....
69
1,124
1,230
l,76;i
8.
1,719
- 6....
B.
241
606
461
2.624
2,855
" a....
97
B.
2.949
1,395
1,530
4.003
- 7....
1,006
255
1,626
2,363
1,764
3,880
-'
354
8....
1.824
1,168
8.
3,961
2.068
9....
10....
74
1,262
1.238
903
1,060
2,601
•" 11....
184
1.1)93
816
1.006
309
1,678
3.213
1.349
863
635
12...
18....
8.
17....
S16
324
142
66
940
-18—.
2t>0
14....
16....
16....
-" 10....
- SO....
^21....
-22....
--23....
"24....
-25....
"26....
"
27....
28....
29....
30....
"
31....
-
,
At the close
and paper
'.
—
ToUl
8,647
particulars of these shipments, arranged in our usual
form, are as follows:
Rollervooi.
Ham- dam
Bre-
Kew
York.
510
3,000
1,137
N. Orleans.
Baltimore..
8.
419
271
262
63
929
264
8.
165
186
359
105
1,509
B.
675
161
299
178
2.138
188
B.
634
287
617
187
1,087
1,143
8.
421
4-1
806
152
B.
586
5,334
201
8.
1,921
8.
860
1,746
1.483
1.849
1,023
8.
1,380
1,393
1,365
897
2,233
1,005
8.
807
1,213
.
2,250
1,228
531
985
3,904
838
8.
892
1,620
498
533
1,740
1.052
S.
734
3,030
8.
2.731
3,222
2.761
3,045
3,404
3.469
8.
3.O09
4,188
2,167
3,717
2,512
2,589
8.
2,625
2,070
2,720
3,179
2,902
2,295
8.
4,563
2,232
8.
1,874
PUUdelp'a
8.
2.502
1.531
1,490
2,897
3,322
2,665
8.
2,3.i4
1,254
1,516
1,092
1,948
684
Total
•1,72.'3,913 4,803,977 5,936,515
4,667,377 .5,759,853 4,891,586
FeroentaK a of total
portrt-o'p t8 July 31
99 01
9832
9.3-66
98-06
97-79
to-mght are now 80.084 bales less tluin they were to the sifme
dayofthe month in 1884 and 1,212,00-3 bales less than they were
to the same day of the month in 1883. We add to the
table
the percentages of total port receipts which had been
received
uly
to J
dl m each of the years named.
5,906
1,188
670
67(1
650
500
101
8.617
519
400 1,135
Below we add the clearances this week Ot vessels carrying
ootton from United States ports, bringing our data down to
the latest dates:
Boston— For Liverpool— July 24—Bteamer Venetian, 1
July 28—
Steamer Konian,
B4I.TIMOKK— lor Liveriiool— July 27— Bteamer Nova Bcotlan,
Philadblpuia— For Liverpool— July 28— Steamer Briiluli Crown.
Cotton freitchts the past week have been as follows:
5.142
Total...
.
.
Hon.
Satttr.
Uverpool, steam
Do
PUM.
TKuri.
rtt.
38a»iM'
sall...d,
Havre, steam.... e,
Do
Wednes.
d.
sail
»3iJ*
e.
Bremen, steam.. e.
Do
sail
e.
Hamburg, steam. o.
Do
sail
•is*
e.
iLmst'd'm, steam.tf.
Do
sall...c.
Beval, steam
Do
»9
i»«i-'js*
<t.
saU
e.
Baroelona,8team.e.
Genoa, steam...
rieste, steam... e.
%•
H'
Aatwerp, 6team..e.
Oompreased.
>
Liverpool.— By cable from Liverpool, we have the following
statement of the week's sales, stocks, &c., at that port.
tdd previous weeks for comparison.
We
983
2,632
1,406
Total.
579
676
July 10.
2.187
733
dk
men. barff.AnluKrp.aeHoa.ffaplei.
101 1.13J
560
SdU
lOl
299
Bavre.
1
This statement shows that up to July 81 the receipts at the
(torts this year were 80,064 bales less than in 1883-84 and
1,212,602 bales less than at the same time in 1882-83. By adding
to the above totals to June 80 the daily receipts since
that time, we shall he able to reach an exact comparison o f
the movement for the difiCerent years:
-
,
1879-80
1880-81.
429.777 458,47b
853,195 »68,31S
974.043 1.006,501
996,807 1,020,802
487,727 671.701
201,992 672,72?
257.099 476,582
117.695 284,246
190,054
113,573
131,871
68,679
78,572
36,890
IMalyeai
••
ikui:
Bhippino N«W8.— The exports of cotton from the United
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, thflM
8,647 bales.
are the same exports reported by telegraph, and publi-ihed In
With regard to New York we
the Chhoniclb last Friday.
include the manifests of all Tesseis cleared up to Thursday
night of this weelc
Tnlal 6aUt.
NBWYonx—To Liverpool, pi>T Rteamera Aurnnia, 123 BrltBiiiilc, 804... City of (•lilcoifii, 98
Olty of Home, 595...
Hpiiin, !i:iO
Illppanlliu, 150
3,00O
Til H:ivri-. pi'i- Hicaiiicr Ht. Simon, 510
519
To Hreiuen, per Hteaiiier Mitiii, 101
101
To IliuiiliurK, per Hle^imtr^ Bolieiula, 750..,.Wlelaud, 385.
1,135
To Uotlenlikiii, pt-r Mio.amer Leenlaiu, 50
.50
,. .......
.'.00
To Antwerp, per Dteaiiier Rliynlnnd, 500
To (lenoa. per Hteaincr Aleslii, 500
500
To NiiploH, per hI earner Alexia. 101
New Oki.i:as»— To Mverpool. pi-rsteaiu'r Cuaneellor, 1,137.... 1,187
To lirenien, per ship Hiimann. 299
390
579
Baltimouk To Liverpool, per steamer .Herr», 579
PHUJU>icLi'iiiA.—To Liverpool, per steamer I^rd Gougti, 676...
07<{
Liver-
-
.ido
as to quantity.
l:.|C<i^<'',
1
349,4451 343,812
326,(i.'>6
«ept'inb'r
Ootobett.. l,090,385j 1,046,092
980,.5S4
ovemb'r 1.122,164 1,030.380 1.004,697
Deoemb'r 1,101.211 1,059,653 1.112.536
Jaaaary
475,757, 487.720
752.827
•
"
«
"
f(,r
The
Monthly
"
ijlioto
ne
only s
but round lola are obtu,
.,
1
\Vm
:
irki't is ([iiiet, find
lualities
dri:i,
fairly
of
niitKnibrcn taken in a
m-Uh, nu<l as
Wili-s
i
hot ninl tlry W'«Hthor. Vfry fiiTor-
ltfi'1
«
'"titinufl*
ttUJidl
Paris,
'.'I,
we
hiHi repiirt
—Thurn
,
— Messrs. Miirtin, Wiso & Fitzhugb, of
as rolluws:
iliiw of July
Texus, writo m
•'
i^.f!.
•
Tkxas Crop.
iiiuler
139
week
Sales of the
bales.
Of wlilf-U exporters took
Of wIilcU speculators took..
Sales American
Actual e.xport
Forwarded
Total stock— Estimated
Of whlcU American— Estlin'd
Total impiirt of the
week
Amount
47,0OC
1,000
1,000
30.000
5.000
17,000
8i5,0O0
607.000
37,001)
16,00,1
Of wbicb American
11,000
81,000
30,000
afloat
Of which American
Julu 17.
40,000
2,000
4,00(1
7,000
7,000
812.000
583,000
42.000
17,000
73,000
2;i.000
July 21,
43,000
3,000
1.000
35,000
4,000
6,000
781,000
561,000
17,00C
17,000
50,000
16,000
July 31.
40.000
S.OOO
32i0OO
5.000
7.000
751,000
53(1,000
13.000
9,000
46,000
10,000
market for spots and futures each
day of the week ending July 31, and the daily closing prices
of spot cotton, have been as foUows:
The tone
Bpot.
Market,
12:30 r..it.
Mid. Upl'ds
Uid.Orl'ns.
Sales
pec. J( exp.
of the IJverpool
Saturday Mondmy. Tuetday.
Wednei. Thurtd'y.
Moderate In bnyers
demand.
Xavor.
Inquiry.
Firm.
Small
59,s
S'lS
5>a
6«i«
6,000
6.000
6.000
500
7.000
100
600
500
5»I«
Steady.
8»i
5»1«
rr%d€ty
Quiet
S^
8.000
1,000
7.0O0
1.000
Qalet.
Very
sumdy.
Barely
Unlet
l^fiirM.
Market,,
12:30 i-.M.i
Market,
ifarket,
4p. H.
{
{
Quiet at
1 <M de-
Qnlet at
cline.
Clino.
Firm.
2-tll
de-
Stead r at Steady at
li-«l adI .Mt devance.
cline.
Quiet
Barely
but
toady.
teadj.
stiMtdr.
TiBt
-
.
.
.
THE CHRONICLE.
140
The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
Otherwise stated.
^p" The pntes are given in v>ice and 6Uhs, thtis: 5 62 meani
• e2-64d., and 6 03 meatis 6 3-64d.
8iit.
Toea., July
Mon., July ar.
July 23.
[Vol. XLI.
$2 60® 3 50 South'n com. extras..
3 00® 3 83 Southern bakers' and
family brands
3 30® 4 00
4 00® 5 00 E.vefloiu-, superfine..
Fine
Wintersliipp'gextras. 3 65'a 4 00
Winter XX & XXX.. 4 25® 5 50 Corn meal—
Western, &o
4 85® 6 00
Patents
Brandywlne, Ao
3 75® 5 00
City snipping ex
bbl.
$4 003 4 85
Spring wheat extras.
Minn, clear and stra't.
5 00» 5 65
4 00® 4 50
Fine
sg
Suiierflne
ISS.
July
Cio«.
d.
(i.
d.
d.
d.
d.
d.
d.
d.
d.
d.
581
S31
5 31
5 31
6 31
5 28
528
5 28
531
5 31
6 81
581
531
31
528
5 28
31
32
28
5 23
5 29
5 24
528
5 81
5 31
631
5 31
5 32
5 26
5 28
5 26
5 27
5 28
5 28
6 28
5 29
531
5 31
5 32
5
5
5
5
5 28
5 28
5 28
529
533 583
528 5 28
Aug.- Sept... 5
31
Bept.-Oct... 5.S2
a in
Oct.-NoT..
ROT.-Deo... 5 26
Bec-Jan.... 5 26
526
526
520
Jan.-F'eb.... 5S7 5S7
Feb.-March 6 29 5.9
526
Wednes., July
5 25
6 24
5 24
524 5 24
524 624
5 23
5 24
5 24
5 26
5 26
5 27
5 24
5 25
5 26
5 23
629
538
5 28
528 E2S
-£9.
5 31
5
5
5
5
Thnra.. July 30.
27
27
5 27
5 27
28
528
31
5 31
81
5
6
5
5
83
28
27
5 27
6 28
5 81
i
5 31
5 31
31
S7
Whlt«
90
50
bi
52
52
70
Com— West,
mixed
5 28
5 27
5 27
5 28
5 31
White Southern
Yellow Southern.
.
Low.
Ctoi.
Open
mjh
Low.
Oloa.
Open
Hit*!
Low.
d.
d.
d.
d.
d.
d.
d.
d.
d.
5 31
5 31
5 31
5 88
6 31
5 31
31
31
31
32
23
26
5 26
5 28
6 30
520
529
5 20
5 29
5 89
6 30
530
5 29
5 30
6 30
5 29
80
32
27
88
26
27
6 30
29
30
30
31
27
5 26
5 30
5 30
Chicago
531
531
MUwankee..
5 27
5 26
6 28
5 27
Toledo
1,655
Detroit
Cleveland.
1,518
5 31
528
5 26
5 28
5 28
5 30
531
31
32
27
28
5 26
5 28
5 30
5
5
5
5
5
6
6
5
5
6
5
5
31
81
33
28
26
86
23
30
31
81
32
28
28
26
28
30
5
6
5
5
5
5
5
5
5
5
5
5
6
6
5
5
5
5 32
5 27
5 88
6 26
5 27
5 30
626
688
5 30
5
5
5
5
5
30
31
87
26
88
5 28
6 30
528
5 80
Cto«
ii9
alOI
al05
al 02
® .^4
5
5
5
64
White
®
5314
Canada
State, six-rowed
State, two rowed
66
70
39
39 a 45
35% i 36%
40%» 41ia
90 9105
80 ® 8.5
70 ® 75
No. 2 mixed
No. 2 white
Barley Malt-
66
55
73
56
d.
6
3
20
35
3 40
market is indicated in the
statements below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at Western
lake and river ports, arranged so as to present the comparaive movement for the week ending July 23 and since July 38
for each of the last three years:
d.
81
3
of breadstuffs to
mth
5
5
5
5
5
5
5
5
5
3
15a
35a
State and Canada. .. 65 »
35ia»
Oats— Mixed
01
94
53
The movement
Rye— Western
®1
91
85
West. mix. No. 2.
West, white
West. Yellow
533
July 31.
Fll.,
Spring.per bush.
Spring No. 2
Red winter, No. 2
Red winter
(J.
5 32
Oot.-Nov-.. 5 27
NoT.-Dec... 5 26
Deo.- Jan ... 5 26
Jan.-Feb.... 5 88
Feb.-March. 5 30
Bept.-Oct..
5 29
C!o«.
Oven
5 31
July
July-Aug... B31
AiiK.-Sept..
Low. Ctot. Open Hiljh Lo^o.
Open
008
QKAIN.
Wheat
Open High Low.
3
3
of—
n«c£ipt«
26
26
28
3U
Louis
Peoria
St.
..
2,878
....
14,151
2,406
Dttluth
Tot.wl(.'85
BREADSTUFFS.
Oat>.
BarUv.
Bye.
70.913
45.785
41,000
318,837
3,160
264,704
84,893
7,745
4.000
818.130
95.155
7,548
6,008
11,749
86,000
184.010
119,950
1,073
2,000
1,000
1,219
600
753
600
2,000
14,478
81.830
14,174
84,291
46,916
09,090
20
1,133,400
2,030,384
1,385.641
1,458,523
938,932
1,963,716
818,756
947.247
1,199,219
9,6SS.038|101,738,460 100,440.885
61,819,632
9,130,630
70.633.387 107,830.611
06,448,161
16.701,880
17,048,609
6,918,354
9.333.07P
75,000,550
06,349,231
53,968.124
15.578,67?
5,030,90 7
Wheat.
Oorri.
Flour.
Bugh.
221,336
25.501
103,372
BuBh.
97,469
216,878
137,012
Same wk. '84
Same wk. '83
Friday, P. M., July 31, 1885.
The flour trade continues to be so very dull that quotations
are nearly nominal, and the market can truly be said to have
Oom.
Wheat.
TUiwr.
BbH.196^^f Bxun.&Hh! BiuKSnibs Bwill.32 lb' BlM>l.481b< Biuh.56Ii>8
50,527
261 ,3 U
1,536.575
4S7.793
10,439
8,487
2n,088
24,531
184,700
8,840
1,150
480
Since Jvlu 88
1884-5
1883-4
1882-3
4,681,692
no decided feature. The shipments are mainly on through
The exports from the several seaboard ports for the week
business from the West and to regular dealers with our city ending
July 25, 1885, are shown in the annexed statement:
mills.
The speculation in wheat has been active, but prices have Exports
from—
shown a downward tendency. Foreign advices have been
weak, the export demand limited and operators generally New York
Boston.
Montreal.
have regarded prices as too high to justify purchasing for the
Crop accounts have been variable and at times quite
rise.
contradictory, but on the whole have seemed to promise a fair
average yield of spring growth. The " bull" party have derived some support from unfavorable crop accounts from
.
674,16.'-.
64,962
35,247
BU».
23,672
47,376
15,363
Philadel..
6"-.,0l)0
500
Baltim're
lbO,990
181,701
3,958
1,557
25,606
"124
Richm'd
Oatt.
Bush.
1,071
Rye.
Feas.
Bush.
9,721
Bush.
5,626
46,i81
8'555
95
.
N. On'ns.
N. News.
Total w'k
506,202
9S1,6'<5
92.050
47,450
9,721
14,181
and yesterday in the later dealings there was a partial S'me
time
1884.
from
413. 14 S
121.771
recovery
inside price?. To-day futures were quiet. The
2,180,027
75,8.34
190,994
2,301
dulness in wheat on the spot was relieved on Thursday by a
The visible supply of grain, comprising the stocks
granary
brisk business for export, mainly at 91}^@93c. fo- No, 3 at the principal points of accumulation at lake and seaboard
spring and 95@97c. for Xo. 1 do. To-day there was a good ports, and in transit by rail and water, July 35, 1885, was a
follows:
export demand, with sales of No. 2 spring at 92@93i^c.
Wh/)at,
Barley,
Rye,
Oom,
Oats,
Russia,
m
DAILT CLOSINO PRIOBS OP NO. 2 RED WINTES WHEAT.
8ai,
Mnn. Tues.
Wed. Thurt.
In elevator
loo
OBSt IP9J4
9934
99Jii
Ji.ly delivery...
98
9914
9854
9a
Ausiist delivery .";
9929
9.=>
98^
9914
99
September delivery
101 Sg'Jf lOO'ci
101 la
10114
101 14
In store at—
Fri.
9934
Hovember
December
delivery
delivery
103% lO^Sg
105% '10439
103 Ja
IC-i^s
107>4gl06i4
iOoM
107 3e
10713
105 M
lOlifl
103 14
IO314
losifl
10.114
107
10718
The speculation
in Indian corn has been comparatively dull,
the Blight changes in prices being in buyers' favor. The mar-
ket has sympathized with wheat. The very favorable weather
for the growing crop in the past ;,fortnight, promising, it is
said, a yield almost unprecedented, has also been an element
of weakness. To-day futures were about fcteady. Corn on
the spot was fairly active until yesterday, when the demand
was nearly withdrawn. To-day the close was firm.
DAILY OLOSINO PRICES OF NO. Z MIXED CORN.
Sal.
Mon. Tm«».
Wed, Thun.
Fri.
In elevator
July delivery
AuKUSt delivery
September delivery
October delivery
52
51%
sis^
SJig
52
--.
52
51%
52=8
.53%
52^
6238
5278
6338
53
5238
5214
5278
5314
52Sa
5218
5218
52=3
531s
5214
.
.
f2
521a
53
November delivery
'2''8
5258
v.- o
53
^^
52I3
52!'8
Oats have sympathized' witli "corn^and have alsoluffered
depression from a large yield this season. The export
demand
has wholly subsided. Choice white oats are scarce.
To-day
the market was irregular; lots on the spot were
firmer, but
futures depressed.
DAILY CLOSnfO PRICES OP NO. 2 OATS.
Sat.
_ , . „
Hon. Turs.
Wed.
Jnlydelivery
3c.38
36
37
August delivery
323^
3233
32 12
3238
September deliver}SlTg
siia
3138
31 18
October deiivei-v
3214
313J
31%
3138
Rye has been dull and closed nominally lower"
meets with an active demand at better prices.
The following are the
closing quotations
:
—
Do
afloat (eat.)
Albany..
Buffalo
f
October delivery
New York
Chicago
Newport News...
Ricbmoud, Va....
Milwaukee
Duh\th
Toledo
Detroit
Oswego
St. Louis
Cincinnati
Boston
Philadelphia
Peoria
Indianapolis
Kansas City
Baltimore
Do
afloat.
Down Mississippi.
rail
On lake
On canal
Tot. July 25,'85.
T
91.912
3,295,743
2,877,198
881,365
319,601
116,870
1,082,467
61.266
37,2iil
231,ti69
Toronto
Montreal
On
bitsh.
455, H95
1,012.502
1,682
80,043
702,149
1,367,567
96.402
3.5:i4
15,000
24,000
19, -^29
172.4tf0
506 6H8
27,155
113,998
26,272
309,684
4,720
42.H04
197.6»7
117,057
bush.
bush.
9,500
25,090
291,785
1,015
1,810
bush.
5.374
663,162
1,000
4,000
22,027
9,285
1,402
7,318
726
65,000
28,000
1.538
1,283
12,268
12,(1 00
12.651
20,195
39,429
13,576
435.985
17,490
13,840
207.872
263.413
4,000
3]2V3
13,600
11,017
8,140
511
10,066
1,171
5,946
9,510
400.000
475,241
103,931
429,776
73.295
253,548
52.i,943
1,0:17,036
400
783,648
674,346
37,529,325
6,827,657
7,056,026
4.687,653
10,541,7^3
6,274,043
July 18. '85.
36.970.S'39
Tot. July 26.'84.
T )t. July 2S,'S3.
Tot. July 29,'82.
12,760.414
17.701. .Ml
13,570,341
t.
bush.
4,600,438 1,038.913
199,038
728.951
700
2,000
3,061,687
123,364
14,870,407 1,028,101
1,326
40,205
2,312,566
2,962,373
2,451,181
3,584,462
1,267,067
150,740
103,736
95,390 191,750
183,057
216,775
345,831 1,505,005
72,364 667,493
THE DRY GOODS TRADE.
Friday. P. M.. July 31, 1S85.
There was a very fair movement in dry goods from first
Thurs.
Fri.
36 13
hands during the week under review, but very little improve32
32H
ment has thus far been developed in the jobbing branches of
31
31
3114
3114 the trade.
The demand by wholesale buyers was somewhat
Barley malt irregular, a fairly good business having been done in specialties adapted to the coming seasoq, while purchases of the
most staple fabrics were seemingly governed by pressing
«
AudORT
wants.
1,
tliiH
C^TTRONICLE.
conlinuiilion of Iho improvrd fculing
hy Wt-atprn and Houtlicrn jobbern, and buy-
was a
Tli<>ro
lately miinifi'Btpd
era of
THE
IflfWI.]
claRM evidently look for a tcoo<l luMilthy fall trade as
soon a» the maturing crops have l)oet> harv(>Hted. Tliti late
warm weather ha« enabled jobbers to work olT fair quantities
of auniiner goods, as lawus, printed sateens, white ROodH, etc.,
and their Htooks are in excellent shape as a rule. A feature of
the week was a large deinend for mourning goods for draping
purposes, caused by the lamen ted death of Oeneral Grant, liberal sales of black prints, glove finish cambrics, alpacas,
buntings, etc., having been made in this connection by mill
re
141
by ([ent«. Carpetii were rather more active,
good buaineM waa done in wool and merino
hosiery and knit underwear; but fancy knit wooleoa ruled
lirmly held
and a
fairly
quiet,
FoKEliiN DitY Goods have met with more attention from
intending buyers, but there is siill riKiin for improvemcat in
Dress goods were fairly active in
this branch of the trade.
some ((uarters, and a pretty go(Hl business was done in 6ne
and niftlmm grades of black silks, velvets, velvet-<enH, and
men's-wear woolens continued to move ia fair quantities,
and hosiery and gloves were in steady request: but Imen and
white goods were sluggish, especially the former.
Importations of Dry Ooods.
agents and jobbers alike.
The Importations of dry goods at this port for the wuell
IK>mestk; Cotton CiOODs. The exports of cotton goods for
ending July Sit), 188<'i, and since January 1, and the same facta
the week ending July 38 aggregated 3,5(W packages, and the for the corresponding periods are as follows:
principal shipments were ?,916 packages to Great Britain, 371
5"
to Argentine Republic and 90 to U. S. of Colombia. The event
s
£
£
of the week was a convention of representatives of Southern
l?i|l| Ho
d
mills at Augusta, Ga., for the purpose of devising means for
£
Si
?i 1
3
restoring the equilibrium between supply and demand. The
1
SB
p
iiliil a- V iliiii
meeting was not very well attended, but a resolution was
o
\
I
s
;::::&
s
iiiiir
unaniinously passed, requesting all Southern mills tt shut 1 |:
:
•
»
!
:
T
:
S:
r!
3
down at their convenience for a period of thirty days between
ffi;^
August 1 and November 1 a proposition not likely to meet
» *- b
sK> ais MO'MtOO* 9 COa toxioass ^
<i^Q*<iiA
!•
on
90
with general acceptance, because some of the best-equipped M S^
otctoooo
OiJ P-O**«00
n O
<«
to
C0
»9
1! aK
41
mills hold large export orders which, with the home demand,
K)MM
»s»
MK^bSA
» *...
l-«
CD:;.,^.
h-O
will enable them to run— if on a flim margin of profit for
»- CD O *^ X « g 00^ 3
'w
IX ^
OD
^ w a a '^
C) Ci U. M CS
OC'CS
-O
rfhOOOO-O
w GD Ji Cl
to
21 5
some time to come. Brown, bleached and colored cottons .| ifetO H* X o " w Sg 10
w*-o
It-M
W
1^
a
o cj
ox
Cb
MOo
3:
W
0>^ OIOWKJ^I
CO
were in fair demand at first hands, and prices continued
5
3
Cd
steady; bat purchases averaged light. Print cloths ruled
O>i^&3C000
topS 2
to
?
to 10 ^1 O
^
^Si
quiet, but a trifle dearer, owing to a contemplated curtailment ^
^tOD loCD *"<»»
XXQOCDU 1 i
M
^^ao
*j — OD
to
U ^ X -1 o
rn
a
ictd
Qb-oagaV'
of production at Fall River, the market closing steady at 3c.
^1*^^
tO^"l J<IO
a *• o— (oacD
^ 4
9
flat for 64x64s and SJ'sO. for 56.x60j. Prints, ginghams, cotton
B C3
^h-H'
» Ol —
H
-I X -^
*»
MtOt^^WW
^
^
p
dress g^ds and crinkled seersuckers were severally in pretty
Vjtjbaob
cox '(t-b'baDbt
CO
;
?
->>CO*Ji-l'«
o|
a^i
M OJ
c-* c^*-:;!®
3
X a
CCO<y"tCM
to
good demand, and a considerable trade was done in cotton K .".= C^O<»-'-'00 a r
s 00 o
—
tflsoell
Bilk
Hanoi
Flax
Ootto
811k.
Flax
Wool
Ootton
Wool
HlsoeUaneona
Mannfaotnres
i
iiini
......
\
.
•
:
:
:
\
i
;
—
\
I
I
•
•
1
-j»
<x>
—
•«d
-'•
rf*
•»-
—
•->
i«»
-j:
•i
-1
>*-
hosiery.
n>
Domestic Woolen Goods.— The condition of the market
S'-o
*.-i
o*.
*.5
* wo
3 y*
^'
c^^c«»
«OK)W« —
<0
8 CO
on account of former orders liaving been continued on a
liberal scale, while new business was confine<l within narrow
r
fll
M
at this stage of the season.
Stocks of cassimeres, worsted coatings and overcoatings are in very good
shape as a rule, nearly all the mo^t popul ir heavy-weight
fabrics being well under the control of orders. Satinets were
in irregular demand, and Kentucky jeans ruled quiet in first
hands. Ladies cloths, tricots and Boft-wool dress fabrics continued in good demand, and there was a fairly satisfactory
business in all-wool and worsted dress goods, cloakings, heavy
Jersey cloths and stockinettes, shawls and skirts.. Flannels
and blankets continued in steady request, and leading mukes
O*-
i-Jro
'<tt-
I^CO
t09;ntcco
•^ ;c <A CO w
M
ws 'y«b'.b*'Vo
r-^^^O)
M
i- Ci !0 Ot M
CO
5 :i
A. WIIITB.
JAMKS
NKCI.By
S.
TIIEO. B. TALBOT
W.M. P. WATSOS
,..l«t Vlce-PrOitldonl
«d Vice-President
8d Vlco-Presldenl
Sec'yand Treas.
QDi-
o ij>tM COOD
O» H--4
OUO*-®*«dc:kiO»
o^l
o»
it^*c;»»0
v>
o:t5
•-
0SC0OJL.O
#. OD
-«
- Oi «-
Ui
ffiO
koca
o KX
to 8a»
tOC>-l*'<(>
-os^cnoj
NKW YORK
Inns Rnnks, Insurance Companies, Kxecntors and
l*nistees of Kstatos, and Individual Investors.
UNITKU STATKS BONDS. State Bonds, Manlclpal Bonds. Uallroad Bonds, boutrht and sold.
DKKAUI.TKD BONDS of Slates, Munlclpalltle
and Hailroad Conipiinlos ncttotlatnd or collected.
CALL A.N D TIM K L<>ANi< made on United States
Bonds and Kood Municipal and Itallroad Boods.
FINANCI AJ. AliB.SCV fur railroad oompanlesand
other coriwratlons. Will also conduct the reormnlatlon of railroad comiianies and other corporations
whose bonds are In default or whose property Is In
the hands of Receivers or Trustees.
Chronicle Numbers
for each of the
above paid at the
T( IM I'KIXS. Secretary.
DiKKrroits— Joseph W. Drexel. A. I.,
ilopklns. II. Victor Newoomb, John Paton, Dunie
Torrance. V^m. V. Wtnslow, Krastus WIman.
OIBfee.
W—
m-ios-j:©
g« 31(0
^w
a;
•i
o
m
00
^1
i-
u
t0D-4r3O
1
OS *» b"— >i
1 ??
•<
w*
2
Mw
-:»
toaoosoo
a*
^i
to C:
» <i 3
a
Si ^
to en
-^
OitOOWM
->
SO-
H»
31
X)
i;o -•
-1 to
W
C
CO
10
-I—t^OS —
(f»
lO
V
a>
«
a
7.
^ -1
n
X
'J *)
3;
C: 3S
a
5j
» » JD
^rO ^ifclO
-o
K)-l
IOWOO=>
^'^•^ ^^
K/t3
*- ti
;/<
if^
10 *^ ^^
•£>
-\ 3>
ae
1
i- fO o -»
O
c
rH- M *. ^ -^
—<•
oo;;(33wio
0» CO -J
A
xcio'-ja
CO
:c
rf.
O
lo
X -J 3:
*Ji
to-JX j:*.
iOO&0:0
g
a
n
X
X
?
a
Oi
tOX>t*[^iC^
^Ittauctal
<j|Pcimp^%nies.
American Surety Comp'y
Cash Capital, $500,000*
General Oltice, 160 Bromlwuy. New York.
Ricu'i) A. Klmkr. Pres'l. Lvmax W.BuiOiis. V.P.
ThlK comimny will act lui surety on Bonds required
tn
the
'
(mrt8.
It \» the (inly Coaipany orKunized in the United
States dovnttid cxclusiivuly tt> Suretyship, and with
all Its assets Invosled in titift tMuntry.
It Kuurantet's Uio htiiifsty nf OfBcern and Rniploy^'esof Kitilwiiys, Maiiks. 'retejiniph, Telt-phi>ne
and
Kxiirt'.ss (.''.niipjiiili's, Jintl
persons employed by
busiru'.s>t hmi.Hos tiiiMln*f positions
trust ami pe*;uniarj rt'si>onsititlity.
K. I). I..
A SONS.W»!st"n .Munatcem. Chtcairo
liKMlV K. KOX. A*ront and Atl.irney. PhihidelphU
CiOl>KKKV MOllfbh:. At£i:nt and Attorney. Boston.
curporations an»i
f)f
>WKKT
BAS<'OM A ML'NSON. General AKents.
St. L.»ut».
B KO WN.Cl^AU; ACQ.. Gen'l Attents. San Kranciaeo
iHEitMANS. Jkwett. Pres. JoMiAHJHwrrx. V.Pr»t
WILMAU C. CORNWCI.L. Cashier.
&. CASUALTY CO.,
Bank of Buffalo,
BKOADWAY, NKW YORK.
$soo,ooo
CAPITAI.,
Cash Capital, eaoo.oofl.
Assets, »la.Oa<l 11
Insurance Dcpartm't. fauo.OOO.
Dei"i»lte<1 with
BUFFALO, N. Y.
FIDELITY
No*. 814
&
2I«
till!
Offlciitis of Hnfili.H. Itatlroadh ano fcixpresB Oouipiinles. M:iiiaK«'r'*. "Secretaries, and (Merks of Public Companies, Institiitl-'nsand Commercial Arms, can obtain
BONDS or »tDRKTYSHIP
from
this Conij>:iMy
bontls tn tliiH
The
of thoStatci.f
;il
New
nnKlen*te chtrces.
Cdinpany are ncrepted hy courts
Y.irk.
This bank has superior facilities for maklns oolleotions on all accessible points In the United Stataa,
Liberal terius extended to
Canada and Bumpe.
sccounts of banlcersand luerchanls.
i'oKKk«l*ONi>KNTS.-New York, National Shoe 4
i..*i,Mter (tsnk: Union Rnnltof l..,n«1tin
CASTA I,TY DEPART.nENT.
PoIIlIom isKUtol at-iiinst accidents cjtusinK death or
totally (lisublink; injurit-s.
Full liifurtnulii'ii jts to details, rates. Ac, can be
obtained at head 'iilirc. or of Company's AKonts.
Wu. M. RU'iiAK s. I "rest. John .M Cka.nk. Seo'y.
KollT J. llll.l AS. A ss't Secretary.
DIKKCTOKS:
WAMTEI>.
967, 970, 981 and De><-eiiiber, 1884.
Mupplenieul.
Ten Ceots
OKKICK:
BROADWAY.
Nrw York
RAILROAD LOANS
nesothited.
Circulars on application.
.
CJOU
w cn-4
!DM
o OO
(-O
(S/onipunits.
tSOO.OOC
400,000
.1
CO
to
ts
o so
Oeuoslt with Insurance D«p«rtment
2U,U00
President:
Vice-President:
SIH ALU. T. UAI.T.
BU.N. JAH. KkIIKIKK.
ManaxinK Director: EnwAui) Kawunhs.
I).
SOUND INVE9TMBNT BONDS furnished
to
^-
OF NORTH AMERICA.
NO. Ill
-4 35 *1
oo
CO
fash Capital
Cash Assets
Aathorized Capital Stock, $1,000,000.
500,000.
Paid In
»-w
^Si
= -i
co;o
00
-1_ t^M
Guarantee Co,
President
FRANCIS
MCOMCCf
1
'^b'*-y'b
^-xODytyj
KitO
Qoo"-»oa>
BUSINESS.
JOHN C. SHORT
QDC;«
--10I
AMERICAN
Bonds ofSiuretyshiip.
NO OTUER
FINANCE COMP'Y,
The
BROADWAY, NEW YORK.
c*
b
CX
S
to
limits, as usual
9«
lUb^-toio
(BCCO^-*
O'coaio**
C»M
*5
for men's-wear woolens has not materially changed, deliveries
^timnctal
o
>
f»
cs to
l(..M-.-.U»0
Davl.l Dows,
W. (i. Iaiw.
T. Hope.
A.s. llanios.
Williams.
Charles Dennis,
Al«i. Mitchell.
J.S.T. I*tranahan, II. A. Ilurlbut,
J. D. Vermllye,
A.B. Ilull.
S. B. Chitteuden.
m. M. Ricliards.
Ueo. 8. Coc.
Geo
(i. li.
W
E.
Atttirnc)'
A. Aiigier,
and
CoiiiiNolor ul I^hw,
ATI^ANTA, URORfilA.
PRACnCKS IN ALL TIIK COUKT8,
Oorporattttn unit Cnmtnrreiai Law a Spreifitty,
Kefers to Judtces Stephen J. Field and Wm. B
Woods, U. 8. bupr«m« Court, WaabliMiton, D. C.
-
THE CHRONICLE.
142
fvou
SALE OP THE TEXAS & ST.
NOTICE.—
LOUId RAILWAY IN TEXAS, oonslstinK
3153b miles of road, the rolling stock, franand all Ita property.
United States Circuit Court,
Fifth Circuit and Northern District of Texaa, at
Waco.
The President of the United States of America,
To J. M. McCormick, Special Master.
Whereas, A final decree was made and entered
In the cause l>o. 14. Chancery, the Central Trust
Company of J^ew York, Trustee, Complainant,
vs. Texas & S
Louis Railway Company in
Texas, el al.. Defendants,
the United States
Circuit for the Northeiu District of Texas at
Waco, on the i!3d day of April, A. D. 1885, ordering and directing the clerk of said Court.
upon ap[>iication of J. M. McCormick, Special
Master itppnluted in said cause, to Issue an order
m
&
of sale of t lie Texas
S^. I^ouis Railway Company in Tixas and its property as described
In said decree and
Whereas, 'i ho said Special Master has made
his api>Iicatitn for such order of sale, now,
therefore, iu pursuance of said final decree, I,
J. H. t'lnks, Ccerk of the Circuit Court of the
United States for the Northern District of Texas,
at Waco, do hereby Issue the ftillowing order of
sale
the above entitled cause, to wit You
are hereby ordered and directed to seize the
;
.
&
Louis RaUway, estimated to be
31535 miles of completed railroad, with its East
eru terminus at Texarkana, and its Western
terminus at Gatesville, Texas, together with all
Its property, the said railroad and property now
tn ]>ossesaiun of 8.
Fordyce, Receiver, ap
pointed in the above entitled cause by this
St.
W
Court, and exercising said trust And after giving atleast 60 day 8' notice of the time and place
and terms of such sale, and the speciflc property
to be sold, publishing such notUe iu two newspapers in the city of Tyler, Texas, and in one
newspaper in the city of New York, you will
proceed to sell at public auction in the city of
Tyler, Texas, all and singular tlie lauds, tenements aT;d hereditaments of the said railway
corpoiatlon, including all its railroads, tracks,
right of way, main unes. branch lines, extensions, sidings, superstructureit, depots, depot
grounds, station houses, engine houses, car
ouses, freight houses, wood houses, Bheds,
watering places, workshops, machine shops,
bridges, viaducts, culverts, fences and fixtures,
with all its leases, leased or hired lauds, leased
or hired railroads, and all its locomotives, tenders, cars, can'lages, coaches, trucks and other
rolling stock, its machinery, tools, weighing
scales, turn-tables, rails, wood, coal, oil, fuel
equipment, furniture and mat«rial of every
name, nature and description, together witt all
the corporate rights, privileges, imraunities a 'd
franihisesof said railway corporation, iuoiuCk
ing the franchise tobe a corporation, and all the
tolls, fares, freights, rents, incomes, issues and
profits thereof, and all the reversion and reversions, remainder and remainders thereof, excepting, however, and reserving from the Hen
of said mortgage under which tliis -ale is made,
all laud grants, land certificates and lands received by said corporation, ae well as all lands
acquired by donation which are not actually
occupied and In uce by it, or necessary to the
operation and mainenanoe of its lines of road.
The said entire SIS^b miles of railway, together
with all the rolling btock and property as hereinbefore described, to be sjld as an entirety.
The sale of said railway and property is made
In foreclosure and satistaction of the following
liens thereon, as described in said final decree,
to wit: , -_
A
murtKaRe iven executed to Henry Whelen
ilenry U. Marquand, Trustees, June 1, A. D
on ije« miles of said nillway.and alj its property
from lexarkana toj Waco, to secure ^,000 00 of
first mortKHge bonds upon each tnileof comDleted
road, to wit: ?2,12k.(.«X)D0 with Interest at 6 per centum per annum in. m the issue and delivery of said
bonds, the name decreed to boa first lien upon 2*16
miles of said railway and property as aforesaid: also
first
?'i^^
1880,
second mortgage lien executed by the Texas &
Railway Company in Texas to J. W. PhilAbraham Wolff, Trustees, dated June 1,
A. D. 1880, to secure its "land grant and income
mortgage bonds "for $l,i'00 00 each, bearing six per
cent interest from date, ami not paid unless earned,
ami amount issued
f8,(X)0 00 per miietif ccmipieted
said bonds decreed to hold a second mortgage
said 206 miles of railway aiid property described in said first mortgage, and amounting to ^2,laH.OOO 00 besides Interest; the said decree in no
wise afTecting the lien held by said bonds and mortgage upon the lands described therein.
ro!!n;
lien
upon
A
second mortgage hen executed by the Texas &
Louis Railway o in Texaa to the Central Trust
York. Trustee, dated Aug. 1. A. D.
1881, on the entire line of its railway, to secure its
feneral first mortgage land grant and income bonds
or $500 00 each, bearing six per cent interest from
June 1, 1881, due and payable only when earned, $1,
817.000 00 of said bonds decreed to be (mtstandinc.
of which ?il, 197,000 00 decreed to be a fourth morlgago Hen upon said 200 miles of said railway ar.d its
property, and ^^iSO 0<)«i 00 of said issue decreed to be
a second mortgage lion on said 49^-5 miles of said
railwayund Itspropety; but inasmuch as the said
entire ?1.81T,000 00 were issued at the same time
under the same lien of the same series, and without
notice to the purchasers of any difference therein,
the saia $1,817.00(1 00 is decreed to share in the proceeds uf 49 .S-5 miles equally upon the basis of mileage as the 49 3-5 miles is i>roportion to the 266 miles
of railway and its property as hereinafter described
in the terms of sale.
St.
(
Company of New
The terms and conditions of the said sale in forechtsure and satisfaction <»f the aforesaid liens in and
upon said 315 3-5 miles of railway and property nf
decreed to be sold to the highest bidder, are as follows, to wit:
1st. The sale shall be for cash, and the purchaser
at the sale shall then and there pay over to the
Special Master the sum (tf $£0,000 in cash, and the
remainder of said bid inion conflrmatiem or the sale
and delivery of title, as hereinafter provided.
2d. Lpon delivery of title the purchaser shall pay
in cash or debentures and claims ordered to be paid
by this ourt as a prior lien to the first mortgage
bonds, such sum as may be ascertained by the Master sufficient to pay off and satisfy h11 costs, e xpense.s, disbursements, fi'os of attorneys and solicitors,
all debentures issued or paid out, or that maybe
issued and paid out, and all claims now adjudged or
that may hereiifter bo adjudged under the orders or
decrees of this Court, to bo entitled to bo first paid
and satisfied out of tne proceeds t>f sale before the
first mortgage bonds, and il any claim remains unsettled and unascertnned at the date of tiieconflrinatiun of sale and delivery of title to the purchaser,
which sliould be and may afterwards be adjudged to
be entitled to be first paid out of the proceeds of sale
before the said first mortgage bonds, and the cash
paid in shall not be sufficient to pay off the same, the
said claim or claims shall be and are hereby decreed
to be a first and prior lien on said railway In the
hands of the purcluuser, and may bo so enforced by
the fu therorder <if this Court.
3d. After fuiiy paying off said cla.ms entitled to be
first paid out of the proceeds of sale in cash before
the first mortgage bonds, the remainder of said bid
may be paid iu first mortgage bonds hereinafter aseertuined to be a first lien tm said railway and property,
and whereas $2,1:^8,000 of I'rst mortgage bonds were
issued upon and hold a first lien on 200 miles of said
railway and property, and gfiSO.OOO of the genera!
first mortgage bonds were Issued upon mid hold a
tlrst lien on 49 3-5 miles of said railway, and ?1,197,000 of eaidgeneralfirst mortgage bonds were issued
under the same deed of trust and upcm the whole
line and entitled to share in the proceeds of sale on
49 3-5 miles of said road equally with the others,
making $1,817,000 of said bonds equally entitled to
share tn the proceeds of sale of 49 3-5 mUes holding a
first lien therwm, subject to the prior payments hereinbefore provided.
It Is therefore ordered
and
directed that the remainder of said cash bid,
after the aforesaid payments
entitled
to be
first paid,
be divided into two parcels In the
nroporMoQ and on the basis of the mileage of
tie road sold, the total line of road sold being
J15 3 5 miles, and said liens of said first mortgage
bonds, to wit. the first mortgage bonds being on «(VJ
miles and the creneral first mortgage b« >nd8 being upon
49 3--) milts, the remainder of said bid shall bo divided so as to set off 2(i0x315 3-5 of said amount$
and 49 3-5/315 3-5 of said amount *
.and the
purchaser may pay said sums In said bonds respectively, the larger amount may be paid in said »2.128,000 of bonds and interest pro rata accordingly as the
percentage may bo, and the smaller amount may be
Pitidin the same manner by the $1,817,000 and interest of the general first mortgage bunds pro rutaaccordingly as the percentage may be. and if any part
of said bid remains unpaid after the application of
pavjuentsherembeforo provided, the same shall be
paid over to the Master in cash, to be hereafter
dial nbuted and apportioned according to the equities as established and determined by this decree.
4th. It is further ordered that thesaid Special Master is authorized and directed, in the event that the
sale advertised at the time and place shall for any
good and sufficient cause fail to be made on tho day
named, that the said sale shall then and there be postponed by thesa'd Special Master, or some pers. m designated byhim,andtobep<.stponed In his name and
(
by hisauthoritv.toafutureday.notexceedingihirty
days thereafter, and said postponement shall be
published In at least one newspaper tn thecityof
aflrst nmrtKaKe lien executed by said Texas & St'
IjOuIs Kail way Co. in Texas to the Central Trust Compauy of New York. Trustee. AuKUst 1. A. I). 3881 on
the entire railway of 815 h-5 rallos, arid all its pruperty. to secure Its '* ireneral first mortgage six per cent
forty-year Kold bonds tor 11,000 00 each, bearuiKsix
per cent interest, the Interest beKlnniuK to run Juno
1, 1881, «l,817,0(X)00of said bonds huvioK been issued
lylerdur ngsaidadjuunimentof
s..le.
In addition to
the verbal notice given at the time and place of adjourning said aile, and the sale shall be made on the
day to which it Is adjourned a8hereinbef(u-e directed.
And after thesale, payment of the purchase money
as directed, report of sale to the Court, and confirmation thereof, tho said Special Master will make
a good and sulBclont title in fee simple of the
property so sold to the punhaser or purchasers,
which title shall be f eouf all encumbninces and
shall be a perpetual bar to all claims or equities, or
equity of redempt on or anv claim what.soover to the
said property so sold by said railway corporation
or
those claiming under it. and the said purchaser or
purchasers shall not be bound to see that the purchase money is properly annllcd.
Witnes,s the Honorublo Morrison R. Waite, Chief
.lusticeof the Supreme Court of the United ;tates,
and the seal of the Circuit Court thereof, at Waco,
this 1 Ith day of May. In the year of our Lord eighteen
hundred and eighty-five and of American independence the 109th year.
*
l^INKS. Clerk oi sau Conrv.*
^A^^hLxi^
i*.*'-^Hnf?? "'®,*°^ Invent' ry of all the property de-
'
and DOW outstanding the amount autlmrlzed, $12
00000, tobe ts.>4ued to each mile of completed road
making foao.OOO 00 issued upun 4S(.S-rj miles of said
railway from ihn end of sal 2fi0 miles to (Jatesvllje
Texas, and siitd ^tVi '.00<J 00 derrcpil to be and to hold'
aflrst mortgajjo lien on said 498-3 miles of railway
and property, and the baianceof paid >1.H17.000 00 to
wit: $l.l97,tK)0 04) i>HMiea upon said UfKS miles of laijway and property, was decreed to liold a third niort(ra^e lien only on said 2*Mi miles of railway and property; but inasmufjh as the same wore issued under
tbe same deed of trust and intended to hold the
name Hen a« the f«ao,0f>0Oi», and were sold and deilrered wtthoat notice to the purchasers of any distinctive difference between the bonds, they In fact
beinaof the same aeries, it was adhyiffed and decreed
that the 1.197 bonds and the (laoTonds should be
placed on the same footing and c-nniu-d to the same
Kultjee. and are decreed to share in the iiroceeda of
• •«!• •! 40 8^ mllea of railway and property Spon
11.
A
Notlee Is hereby given that I, J. SL McCor
mick. Special Master in Chancery, under and by
virtue of a certain order of sale issued out of the
Circuit Court of the United States for the Northern Dl-irict of Texas, directed and delivered to
me, "will proceed to sell at pui)lic auction for
cash, before the court-house door in Ite city of
Tjler, Smith County, Texas, on, to wit, the
fourth (lay of August. It being the first Tuesday
In August, A. D. 1885, between 10 o'clock A. M.
and 4 o'clock P. M., all that certain properly
described in the following order of saie. and
upon the terms and condjtiona named therein.
m
the basis of a prorated mileage of said entire road of
315 3-5 miles as hereinafter described.
St. Louis
lips and
olilse,
Texas
I.
%tQ^X.
^cgaX.
of
XI
i
'
plainant, at the city of Tyler, Texas, subject to be Inspected by all persons desiring to purchase at said
and the same
day of said sale.
sale,
will be exhibited
and read on
tJtio
The said sale of tne aforesaid property Is to satisfy
certain costs, expenses, disbursements, attorneys*
fees, claims ordered to be paid, debentures, other
claims and liens described and mentioned insaidflnat
uocreo and order of sale: and the amount of cash required to bo pi-id on the bid for said property as providiid In tliesaid final decree and order of sale wlU
be ascertained so far as possible and filed with the
8:ild schedules and inventory of property, subject toj
the inspection of purchasers before said sale.
All information In possession of the Master concerning thejjroperty to be sold, and the debts agaliisti
the same, will be given upon application.
J. M. MCCORMICK,
Dallas, Texas. May 11, 1885.
Special MaaterA
BUTLKK, STILLMAN & HUBBABB,
IlKUNDOX&CAIN,
Solicitors for
Complainant.
TO CREDITORS OF THE
NOTICE
Texas
& 8r. Louis Kailwav Ccmpant in
is hereby given to all creditors
holding claims entitled to be paid out of the
jirocoeas of tUe sale of the Texas & St. Louis
Railway and Its property in Texas, to ocoiu:
Angmt 4. 1883, at Tyler, Texas, nud to all persons owning or liollins Ijonds or other securlties and liens up lU taid property, entitled to
share iu tho iinicceds of said sale under the
final decree rendered iu said cause No. 14 In
Equity, to forthwith deposit their claims und
written meujorjindai in pursuance of and as required by a certain order mafle by the Hon. Don
A. Pardee, J 11 dee of the L'nited States Circuit
Court for the lifth circuit, as follows, to wit:" In tho United States Circuit Court for the
Northern District of Texas, at Chambers, June
16, 188.5. This day came on to be heard the anplloatlon of J. M. McCormick, Special Master In
Chancery, appointed by the United States
Circuit Jadge for the Fifth Circuit, to wit: by the
Hon. Don A. PHriiee.iucanseNo. 14, peudlngin
the United States Circuit Coiuli of said circuit
and district at Waco, Te> as, wherein th o Centi al
Trust Co. of New York, Ti uetec, is complalnart,
and tho Texas <fe St. Louis Coiuiiauy in Texs",
et al., 1< d. fcudant, and tho s.ime being considered and it apiiearlng to the Court thutafliiiil
decree was ciiteri d In said cause April '2.3. 1885,
foreclosing certain liens In favor of the holders
of certain series of bonds issued by said defendant company upon said railway and Its propel ty, and iu pui suanco thereof an order of^ sale
was Issued under said decree directing said Speehd Master to sell said railway and nil ita property, 10 wit: 315 3-5 miles of road, rolling stock
and property iu Texas, on tho terms uainod
ihereln; ana it further appearing that said Special Master has advertised said railway and
property to bo sold at the City of Tyler,
Texas, on the 4th day of August, 1885.
And allowing a part of the bid for said property to be paid in cash sniRcient to cover all
ciainia decreed to be entitled to boliretpaid
out of tlio proceeds of sale before tho first mortgage and other subsequent mortgage bonds,
and the remainder of said bid to be paid in first
mortgage bonds, and the surplus of said proceeds, if any, to bo paid into court to be applied
to the payment of the subordinate seeuriilea
and elainis according to the equities established
by the said final decree. And In order to enable
said speei.al master to ascertain tlu^ several
Uabililies against the Te.\as U St. Louis Railway C'i>mpauy in Texas and against the Rocelvershlii's administt?rlng said trust since Tho
16th day of January. 1884. so as to deteriiiino
the anionnt of casli to be paid on tho purchase of
said property and tho amount of bonds that
can be received in payment, it Is hereby
ordered and directed that all persons whomsoever holding any claims entitled to be
paid out of the prooec ds of the sale against
tho said Texas & St. Louis Railway Company
in Texas, or against the said railway and property while In the hiinds of tho Receiver adniinIsteriug the same, shall forthwith and before
the said sale of 4th of August, ls85, furnish to
J. M. Mc(onuick. Special Master, addroscdto
him at Waco, Texas, or Tyler, Texas, care of
Texas —Notice
Herndon & Cain, Solieltors for Complainant,
the said claims, including all bonds of every
series and kind decreed to hold a lieu upon said
property, all Receiver's cerllHcates, claims adjudged by Court for lubor, material, costs of
court, Judgments, fees, commissions, contracts
for money, counsel, solicitors' and attorueys'
fees incurred. In fact, every claim whai soever
which is entitled to be paid out of the proceeds
of sale of said railway and property.
The owners of tho bonds and otherva'uablosecuritles are not required to deposit the bonds
themselves, unless specially requested S(t to do by
thcMasterforinspectiou, but shall give tlienumber of thebond or other security, irs date, amount,
style, rate of interest, when the Interest began.
and figured up to August 4, 1S8.5, In a statement liy tho owneror his duly authorized agent,
and duly sworn to and attested before an oflicer
having a seal. Aato all other claims, tlie claim
itself must bo deposited with the Master with a
fltaieiueut of »>wnership, as above, duly sworn
to, which said cliiims tno Master shall file and
register in a liook kept for that purpose, duly
classified as to priority and in the order receiv<«l. It is further ordered that said .'Special
Master shall caiiae this order ti) be published in
the same newspapers In which said salels adver
tised from Ibis date until said sale. Also in one
newspaper iu the CItv of et. Louis, Mo and In
thecityof Waeo, Texas; and the Clerk of tlie U.
8. Cireuit Court, at Waco., Is directed to flic and
eutertliis order upon tho uimutcs of said Court,
in the above entitled cause, and furnish a certified copy to J. M. Mctrormick. Special blaster.
June 16, 1885.
DON A. PARDEE, Judge.
Waco, Texas, June 25. 1885.
J. M. MoOOKMiCK, Special Master.
.
A
@FedFRASER