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HUNT'S MERCHANTS' MAGAZINE,
RBPRBSBMl'I-VOJirUB INDUSTRIAL
VOL.
ASD OOMMERCIAL INTBRESTa OP THB UNITED STATES,
SATURDAY. AUGUST
45.
CONTENTS.
1X9 Thf Boulnnypi^FerryDlffloulty 200
Weekly K .ilrottd EarniiiKH
201
Moiietary
ann Commercial
Oleaiinr House RKtnrns
a year ago, the exchanges arising through other
business being $416,636,731) and $367,030,293 in the two years
respectively, or an excess of 13'5 per cent.
PiTian<-i»l Sliuut'nn
190
Norlli-ni Paiifli '- Accounts.. 19
WUk BnMnt Aut.».
'
IiuiiiiKrBtuiii Hiiil Pi<i>ulHtlou..
1)3
PHtciitHanit ihe Piiliiio
Uullruttd £uriiiUKa in July
19.i
Itx!
Kngllcli Newii
New-
and StuckH
Ranire
in
New
Priceo at the
Ifurk Shxik
Kxehanxe
P.Ctnt.
202
THE BANKEK8' GAZETTE.
New York
Bonds at N. Y.
Stock ExchanKH, and Kange
294
since lanntrv 1, 18^7
Prio-H of luactlru Hunda
Local Securities
205
UHilroad Karuioi?'*
Investment
>.nd
ISUieka
B5<.(jin,288
(1!,0T9.T8«)
biiia.
(•^M.WIO)
(I.80S.7S4)
(^tW.NOOI
bUHheis.
(46,MW.802)
(l7,iM.U0O)
ICottm
206
207
?0S
209
RallroadNews
(M(7,4M,730
thare*.
I'iratn
(P0<rol<um
bbtM,
Boston
Pr Tidence..
V'lO
82.1 10.981
4.1^7.8
UartforJ....
New llHTen.
1,S1«,25R
P.trlliind....
Terms of Subscriptlua— Payable
(iucluilh!!;
in
Advance
Bi
Biz M OS.
do
do
do
£1 Rs.
Bnbs< np'liins will be continned until definitely ordered stopped. The
for remitcauoes unless made by drafts
for sunsrrihers at
.fl
00.
Measre Edwariw & Smith, 1 Drapeis' U ^rd^ns. E. C., who will take
absorlptious and advertisements and supply single copies of the paper
each.
DANA. 5 VriLLItn
'
wnjJAH
wan
G.
B.
FLO
'LOVD.
J
M.
DAVA &
Co.,
+1-7
+14-7
+16-8
4.3 2.200
-1-7
+23-8
+1-7
+48-4
+18-7
Sprlniifleld...
1,I)78.H(<8
S-HK.OtM
M8,^'<U
492,875
-1-28H
4-11-3
8-^,872
845.n»9
965.386
5«i.7f«
New Bngland.
+T2
+1?8
1,806,3 10
-t-4:H
93,2.«.856
82,908,7^8
+1-2-5
68.643,493
+3-8
Philadelphia..
PittsburK .....
66,«6B. as
«,« 9.4.sa
57,X98,0;2
7,85 l.(i9<i
-t-lB-fl
+10i>
BalLimore
12.15«,131
ll.i9.,79:t
_+7'~
66.088,070
10,176,574
87,787,061
7tl.345,ue0
SJ.ea 1,241
9,.«u,u.O
B0.5TO,MS
lU,4.in,fiU0
n-4
'
Total Middle..
Chicago
Cincinnati
4,010,!is3
4.I4H.II.8
...
Iletrnlc
l.UilUS^U
Indianapolis...
Cleveland
3,U8i.7l)3
olnmbiu
li,l7 ,5S0
I
l,181.H.i
2.'oin.;w5
8,Mi7,i;i«
2,5i3,nstf
i'e-'rla
t>mHba
liondoii Aeeiita:
M Is.
+85-
(-a-ij
78. 156.94
804.018
Milwaukee
These prii«'> iiioiadH Mi« IvvEsroits' Soppi.khbst, of 121 page^t
iMied onee in two month'', and farulshed without extra ohari{H lo
nbforlbers or the CiiRosici K.
A Ul^ cover IS furuistied at 50 cen's; postage on the s.ime la 18
Vo umes bound
-1-299
(1)0,310,IM>)
li,477.-.»l
+40-6
+14-0
-1-15-0
77,741,845
+14-8
-3 3
49,377,107
6,712.730
8,973,623
-8-0
+16-7
-t-ll-1
7s.
^MlshefN cannot b.^ responsible
er Post Olfl e Money onlers.
•enta.
l,7i-,4li
+8721
8:ttl,l»<>
Total
6 !0
11 28
73.I9";.0«6
3.97l),«00
-(-»«
+3-7
+13-S
(l,4.TOA17)
(«83.»»()
(16,5 19.875)
t«.~<.!!Sl
:
$10 20
postagr)
do.
Enropeiiu Hulwerlption (inoludioin>"sfa-'e)
Annual subsciiptiun in London (Includini; postage)
(tisi-e
(—4UMi
SBl.871.aOS
..
cester
Lowell
Fornix Months
(3U,Mll,UU0)
(20. 1 24, IKK))
P.Omt.
1887.
970,271)
88><,1^3
Wo
5*ltc (JH^hrouiclje*
For One Y-'Hr
-(-«4-8
Bataot—
Prices of Active
ohHiiiie, V. SiMtre Seeurltien.
Bta-e HDil Kailroad Boi:ds
WttkBnVgJvlflW.
201
and MtBcellanpoua
t'niiiriierolal
Money Market, ForeiKn Ex-
1,155.
176,712,000
THE CHHONICLE.
The
NO.
13. 1887.
PablUhers
102 William Street, NR iV YUUK
Posr uKFioii Box 95s.
CLEARING HOUSE RETURNS.
.Minneapolis ..
I>enver
<t. Paul
Oranil Kaplda.
4,ai»,4
4."«,5"8
Wichita
Duluth'
iSMo.O
I
3.9.VI.
1
no
-H5-8
1,512.
-I--26-1'
-(-.9-1
8.8.16.981
1.8U<.9.ll
+fH
-H»-8
-fiS-S
-I-20-8
m;B.ii)5
2,070,42-)
1.0 l.lOi
8,778.2^4
+72-8
-t40-
3.l)«l».3»l
-t-ai-o
2.8 :<.414
1,83 1, 73i
2,MiB,**l
40\tfl0
+40-5
8.100.000
-i-16-8
-t-20-9
(-<4-2
4.M4.*)
+22-0
2r2,.lH0
+1515
601,806
721,
-W5-3
+40
1
+ia6'3
a55,275
a7i<,2«i
Total Western..
Loals
Joseph
New
-t-9-7
I,.<i4i.l0!
Topoka*
St.
St.
—
-0-6
4.03 .052
3.,7K,.S 2
1,303,.)12
2.4:11.4 8
1,82:1,097
Orleans.
K».«116,7H
95,8 7,».03
-KO
86,780,443
18.«32 874
17.81o.08H
17,3'»,38S
-1*8
l.4»-<,087
7^7.1)87
4,H09,'<13
1,0 17.1 16
+8S-1
or
«,"4a.i;4
5,ll2,-a7
+4-1
+»a-i
+1-2
+18-3
4,s<)5,
oulttTllle
+13-9
4.;5i,"8"
4.8 V 13
6,8 73.0 .'9
City.
7.21«.3v!;
ii,49 1.427
+.'>l-4
The returns of exchanges for the week ended August 6 are Kuncat
Memphis
— 1-4
S»83.«iK
H98.773
U:I>-..S11
-31-3
&»Q,70i
5-«).H ,3
779,:)
—iro
of a very favorable character, only seven cities recording any t>)iIve-Ton
Norfolk
61«.77ii
4:9,092
+S4-3
44A8-2
-H)-»
decline from the figures for the preceding week, while in
+11-3
Total gouthem.
S').2.ij,9«2
40,309.4J5
36,651 649
aggregate for all the clearing-houses there is an increase of
.73-9
San Francisco
19.007,6»!!
10.1.30.M3
iei-7
80.640,711
over one hundrefl and eighty-one millions of dollars. Of this
80-5 B66.3i».7i3
Total all
881,03 •.««
1,037,413.6-20
IS-il
large gain New York contributed nearly one hundred and
Outslrte New York..
-r-i.,)
S0».458.-i2l
.0161
fifty millions, the usual monthly distribution of in.erest
• Ni.t included In totam.
furnishing a portion
but by far the larger part resulted
Our Usual tel g aphic returns of exchanges for tha five days
through the greater activity in stock speculation. The deal- have been received and are given below. lu comparison with
ings on the Boston Stock Exchange were a little heavier than the simiUr period of last week the aggregate records a co isidduring the previous week, which accounts in a measure for erab e decri>a«e, and, contiasted with tno corrrs londing five
dijs of l>-86. the loss reacoes 12-1 per Cfiit. Tbe eMimitce
the gain at that city.
lor the full week ended August 13, bas-d on these telegraptiij
Instituting comparison with the corresponding period of
figures, poinui to a decrease trom lue week of 18s6 of about 6-4
1886, we find that there is an excess in the whole country of per rent.
20'5 per cent, and that outside of New York the gain readies
(fetk SmfgAut. 8.
fVtek Bndatv Aug. 13.
13'5 per cent.
Losses from last year are shown at five cities, Kettims hii Teletraph.
iz., Chicago, Cincinnati, Milwaukee, Memphis and Galves1686.
P. Omt
1887.
P. OnU.
.
..
.
1
:1
W5
:-i02,.-2
;
ton, but the falling
On
oflf is small at all points except Galveston.
the other hand, however, many important additions to
»
New Vork
.>«/«•
0/
(thara)...
the figures of last year are noticeable, and in this respect BohCuo
Wichita takes the lead with 151-5 per cent, followed by St. Pblladelphla
Baltimore
Joseph, 93-3, San Francisco, 73-9, Indianapolis, 45-8, St. Paul, ChlOM^O
St. Lonis
44-2, Omaha, 40-7, and Minneapolis, 405 per cent.
The business failures during the week, as reported by NawUrleans
Total. Sdsrs
Messrs. R. G. Dun & Co., number for the United States 163
Kstlmated I dsT
and for Canada 20, or a total of 183, as compared with 184
Total full week....
last week and 154 the corresponding week of last year.
Balance Country*
Share transactions on the Now York Stock Excluinge for
Tiviai we,.>.«ii..
ho week have reached a market value of $113,306,000 against
'
Kor
ttaa
-16-0
6<'8.9U5.«3»
+84-8
(U3i,l87>
(1.1 2.5161
(-17-9)
(1.760,401)
(1-99-9)
B6.207. 95
41,23J.2.a
63.810,408
46,921.833
+0-7
-18-1
-O-l
08,087,4 19
67.6 13.8U3
+19 8
4a8,:j8.),iS2
Mock
610,131.637;
10.831.53:
+1-7
44.027.8 «
16.788.73:
4-J,:klO.OOO
+.S-9
49.715.468
-61
13,8;1.07')
.21-9
l5.-a*i.8rs
+1-S
8.743,837
3,4.8.731
+r8
4,028.184
-t-ee
599.434.9)2
088,812.376
144.102.26b
13e.7rJ.2'29
-llCl
+0-4
7v4,94>.88a
143. 106.840
+urs
+«rs
743,:'3:,82U
90.142.158
818,991,603
77.30 ..uad
+83-1
8:^8,6:817"
H86»<4N57
9,055,209
;
-h»-l
(uM week. Iiased on last week's retama.
910.0S4.6.W
9e.IMI.aW
9 4 l.O'tw.Otl 4 A*
THE CHRONICLE.
190
The statement
in the market for
There has been no material change
influence was
money this week, except that whatever
nervousness felt over possible Govlittle
ernment accumulations, has been removed.
Exchange
ances nave loaned at the Stock
XLV.
an increase; but cotton and petroleum record a falling oS.
THE FINANCIAL SITUATION.
exerted by the
[Vol.
as follows.
is
EXPORTS OF BREADSTUFFS. PROVISIONS. COTTON
PETROLEUM.
July.
Exports
tram Cnilcd
AlID
States.
1884.
1883.
1888.
1887.
Bankers' balat S
and 3 per
renewals at 5 per cent;
cent, averaging 4^ per cent, with
put out on call has
have
while whatever money banks
is an easier feeling,
there
Boston
been at 6 per cent. At
Quantities.
Wheat
bush.
bbls.
Flour
Wheat
bush.
bush.
Corn
inquiry, especially at
coupons for prepayment of interest under
commented upon
notice of the Treasury which we have
as not to have
trifling
Tuese disbursements are so
again, which at the moment does not appear
6,915,732
18,387,992
6,8S7,574
4,018,742
9,691,472
1,855,72*
10,915.083
3,282,953
18,043,720
14,196,039
10,308,316
12,523,561
Broadstuffs
2,832,089
9,9tSl,149
6,833,783
1
9,033,023
816,054
3,503
15,691
10,023
1,595,174
2,829.385
1,820,507
6,009
35,474
9,818
80,948
120,375
232,322
303,598
7,321
30,304
15,731.218
11,567,824
7.707,038
8,721,811
12,371,754
8,485,482
8,689.994
9,911,393
8,577,000
4,020,358
3,845,163
Petroleum, Ac
t
t
618.831
14,880,947
Barley
6,870,955
4,702,H23
6,138,872
4,053,960
4,817,249
Total value, July.
Total value, June.
Total value, May
32,178,737
80,818,440
25.136,247
33,067,273
31,291,893
28,195,109
37,518,970
87,774,547
28,8(2.881
31,277,303
37,705,168
mos
89,895.744
108.070,576
82,013.675
91,931.9-22
.
Total value, 3
likely.
3,602.784
596.620
t
below.
imports, now
been of any influence as yet, but the gold
to give
ought
volume,
considerable
Apparently coming in
rampant
becomes
speculation
unless
us easier money,
6,518,735
970,987
ValuM.
while at Chicago and St. Louis the
Wheat and flour
The feature of Com
and meal
the former city, is a little more active.
and
bonds
Government
of
ofierings
the
been
has
the week
Oats and meal
the circular
1S,54%461
632,118
27,580,446
The total values, it will be seen, are $32,173,73 7,:
Tne cable reports the rate of discount for 60 days to 3
months bills in London at 2@2^ percent; in Paris the open against $30,848,440 for July in 1886.
The Treasury Department has not met with remarkable
market rate is 2^ per cent and in Berlin If to If per centparany
been
there
success in response to its offer to pre-pay interest on GovIn none of the European markets has
of
movement
the
except
ernment bonds with 2 per cent rebate, which we published
week,
ticular feature during the
now,
distributed
Tae applications thus far have been
be
full last week.
to
in
seems
which
gold to New York
and
As we
Bremen
from
than
was generally anticipated.
even
but
smaller
London
from
alone
<joming not
on
$18,in
the
interest
give
covers
only
the
reported
which
we
total
the
table
write
the
by
notice
We
Paris.
the
latter part of this article, the figures for which we obtain 233,550 of bonds, but perhaps it is too soon for
very
each week by cable, that the total gold holdings of movement to reach any considerable volume.
European banks was this week £111, 647, 6.51, against fair number of bonds, however, was offered for sale, the
£119,732,844 a year ago, being a loss of about 40 million total being $5,462,000 at rates varying from 110 flat to
The Bank of England reports a loss of £191,000 112 ;'but the Government accepted only one small lot, that of
dollars.
since the last report, which according to a special cable to the Suffolk Savings Bank, of Boston, for $260,000, which
A
us was made up by an export wholly to South America
•of £70,000 and by shipments to the interior of Great
was
at the lowest figure.
York houses which put
in
Since the sale two of the
proposals on
New
Wednesday have
put in others, to the amount of $3,950,000, at the same
Our foreign exchange market has been dull and droop- price as named by the Suffolk S ivings Bank, but the
ing all the week. On Monday and Tuesday there was a Secretary has rejected them, refusing to entertain any
on Wednespressure of long sterling, caused by the negotiation of offer except according to his original notice
loan bills, while short was somewhat in request. Oa days and in the regular way. With regard to the bond
"Wednesday the market for both was said to be affected purchases, the offerings seem to have established two facta
first, that tha Government commands the market, not
by a pending loan on railroad property, the understanding
being that the loan had been arranged and that drafts the market the Government, and second that manipulators
were being drawn against it. Yesterday the market was in money might as well keep their hands off, for there
further depressed and rates were reduced to 4-82 for long are millions close at hand that can be tamed into money
And 4-84^ for short. It is claimed that there has been in a very brief period if the need should arise.
shipped this week from London, Bremen and Paris
Probably the affair which has excited the most remark
about $3,000,000 gold. "We have received no special this week is the Ives negotiations for gathering up the rag-cable with regard to it and therefore cannot speak of ged ends left of his dicker with Mr. Garrett, and the genour own knowledge. There arrived yesterday $865,- eral aseignment made by Mr. Ives Thursday afternoon.
OOO by the Bremen steamer, consigned to Brown Bros, In fact this Baltimore & Ohio deal and the Ives syndicita
and to L. von Hoffman & Co.
Just what these have all summer long occupied an amount of attention
Britain of £121,000.
—
—
arrivals
of
gold are
for,
an inquiry which
in
view of our trade condi.
impossible to
and
therefore helps to lessen the good effects of the movement.
If, because we can get it cheaper, we are borrowing in a
temporary way a large amount of money in Europe and
which we must pay later on, of course the retention of the
bullion can not be permanent; but if it comes for stocks
and bonds Eold, it is a settlement of the account. There
have been undoubtedly large successful negotiations on railroad securities carried through in a quiet manner during the
year, and such transactions we may presume have been
more numerous than is generally known. Mr. Switzler of
the Bureau of Statistics has issued this week his July
tioD, is
it
is
statement of exports of leading
articles.
solve,
very greatly disproportioned to the importance of the
They have been a prolific source of rumor, and
subject.
for
many
weeks, in the estimation of the street, the chief
halt in speculation.
cause for the
isfactory to be able to say that probably
loaned Mr.Ives
some
money will lose a cent.
that the end
no man who has
We understand from
of the creditors that the assignment (as the assigne*
has stated
it
to be), is simply for the purpose of facilitating
the readjustment of Ives
&
Co.'s affairs in theii: relation^
with the Cincinnati Hamilton & Dayton and other
roads and with those who have made loins to that
For breadstufis Furthermore, we learn that
the total shows very well, being over 4 million dollars
larger than a year ago, and provisions also
But now
has come the skies appear neither to have fallen nor tha
larks to have been in over supply. It is, however, very sat-
if
rail-
firm.
after thorough investiga-
tion these various affairs are found to be as represented by
show Mr.
Ives, Mesirs.
Winslow, Lanier
&
Co. will for th»
—
.
1
.
AuacsT
THE (^RONICLR
18, 1887.J
now owners take up aad
191
In other
Jane and part of July put corn in the matter of develop,
ment very much in advance of a year ago, wiiich, if true,
would lend to encourage a belief that the harm done^
various complications.
We had the welcome news by telegraph yesterday that wherever the rains have now been heavy, might tara oat
rain had begun to fall throughout the corn belt, where much less than sopposed,
Tbe Chicago Milwaukee & St. PauI in the first half of
they have been sufTering from drought so greatly and for
these
are
hoped
that
more
the
current year made somewhat larger net earning! than
is
to
be
a
time.
It
80 long
general and abundant than the rains reported last week. in the same half of 1886, but extending the compariaon
On Wednesday the Government issued its crop report, and further back we find that with that exception the present
total of the net is the smallest for several years.
At
it fully conGrms the impression as to the deteriorated
condition of corn and wheat which has of late prevailed. against $3,662,931 this year and 13,500,711 in 1888, the
As to corn especially we have to remember that these araountfor 1885 was .$3,910,714, for 1884 $4,170,877, for
last of
July, and that 1883 $4,221,19.3, and for 1882 $3,807,396.
From the
repoits were gathered the
within
two
days
most following summary, however, it will be seen that the total
until
and
since
then
of the section harmed bad been visited with litile, and a is less now than in the earlier years simply because of a
large part of it with no rain furthermore, that the dis- heavy augmentation in expenses, the gross earnings of
1887 being the largest every recorded in that half year.
trict where the injury has been done covers the States
words the assignment
Ivo«'
B&ttle
loans.
simply a mothod of settling the
ia
;
which are the largest producers of the country; and,
finally, that all of those States except Iowa and Missouri
,
'
August averages. The
Government's figures, as furnished to us by Mr. Dodge,
"We
the Statistician of the Department, are as follows.
give also last month's figures and the months of previous
show a decline on
year's
last
'years for comparison.
coxDiTioN OF conn.
W88.
1887.
JStata.
1
AUQ.\ JvlVl AUQ-I 7vlvl Aw,.l Jldvl
minola
6S
90
80
60
Ows
Ouonrl..
Eanua...
iBOUna...
96
99
99
100
98
84
r«bnska.
100
96
tmrTork.
76
82
63
89
JS
98
100
At. U.S.
80-5
97-7
tUo
BeblKan
tanassee
tentookj.
auisyl'a.
1
18Sa
1884.
1883.
1
94
101
00
85
97
103
94
04
97
99
93
99
95
90
93
9tl
63
89
97
99
90
U4
96
96
8U
106
97
97
87
103
103
02
88
93
80-7
93
C6
101
102
93
99
93
96
88
91
91
Awj.X
13
103
103
101
94
105
81
98
90
91
90
91
90
92
87
83
89
90
9S
100
96
93
101
96
90
87
99
98
gs
99
96
It is a little
97
99
77
73
78
78
90
76
88
60
83
87
.4140.1 JuJi/
Jlilv 1
80
SB
85
83
97
95
84
SO
80
82
98
02
87
83
73
93
iference
is
totals for the
NetearnlDRS
1885.
1884.
1883.
»
t
«
t
1882.
»
10.427. IIW I0,n>-8.9«1
7.630.541, 7,137.165
•<.7U1,345
0,8*0,316
6,4fl;.748
9.1S7,33S
5,:«9,887
S,n03,93l| 3,9ai,71J
3,010.714
4,170,87-
4,a'ji,ioa
33U7.89»
months the
In these
Paul has for a long time shown a large
deficiency below the amount needful to meet interest and
dividend payments, and the present year is no exception
St.
the
to
on
the
be same acreage, would, according to present promise,
1886.
always constitute the poorer half of the year.
six
84
even on
1
These figures are interesting chiefly as indicating that
up to the 1st of July net earnings were greater than a
year ago. They can not by themselves ba used to show
the position of the road as respects charges and dividends.
To make such an estimate wo must allow for the disparity
in results between the first and last six months, for as wo
have on previous occasions pointed out the 1st six months
89
Hence the
previous season.
that for the whole country the yield
A toxM.
Op«r. exp.
months
remarkable to note how closely the total
July and August compare
1
Orosa eamings..,.. 11,103,473 10,697,876 10,611.959
six
88
18S7.
»
91
iVerages in the above for both
nth the same
,V.(ioaB*«*St. p.
Thus
rule.
is
debt
while
outstanding
the
a
$3,662,931,
half
net
year's
the
for
interest
Ist
of
January is
towards meeting the
$1,526,538 required for the customary dividends on the
But in the last six months, as said, the net earnstock.
$3,370,251, leaving
ings are very
earned the
much
the
but $292,680
heavier,
full year's
and
latterly the
company has
dividends iu that half year. Moreover
the disparity between the
two periods has been steadily
till the present year the net
hftt the reader may correctly interpret the foregoing con- of the first half has bsen declining, that of the last half has
lition figures we have prepared the following statement
been increasing. This may be seen from the following.
1 which we give the Agricultural Department's estimate
1886.
1885.
1884.
Hilxennhfe &
yield the past three years and add a column for the
Si.Pa.ul.
Gross.
Ktt.
Qros9.
Kct.
Ktt.
Crew*.
ip this year made up
by ourselves on the basis of
»
*
»
%
*
»
iges from 1886 in the August condition- and in acre10,637.876 3,500,711 10,111,950 3,910,714 10,487,193 4,170.87»
First half
14,080,527 6,067,428 13,801,314 6,990,088 13,048.805 5,440,493
Northwestern States which pro- Second half
,e for each of the great
•ry but slightly from the crop in 1886.
But
in order
growing
larger, so that while
1
if
1
1
1
The statement
ee a corn surplus.
and
I
is
is
Thus
as follows.
InaUaUd
Oum FroiucHon.
1885.
1884.
prolal
Dce
ttal
I
n.
198,817,000
242,490,000
i5n,o;o,ooo
14.S.70!),0<J0
I9l,8()l.O00
252,«0O,0O0
lo; .•^00,000
only $3,500,711, but that of the second half
122.(i:.7,0i
12«.712.t0
15-',31W,iX)0
IB-'.O' O.'tOO
or over three million dollars greater.
118,795,000
131,004,000
lO4,7!J7,O0O
111.37'^,110<
i06,ia»,ooo
12»,42",000
122,100,000
91,:!Sfi.0O(
90,204,0X)
111,865,000
85,8«3,0'30
»94,s;3,00(
1,000,214,000
1,340,030,000
1,170,744,000
> -.OOt
6135,227,000
69fl,I4U.00(
619,7*1,433
~6«5,44 1,000
1,038,170,000
1.785,SC8,432
5.4
for just
last y*-ar,
r
&t it is also
first
».')7,:-04,('CO
to note that, according to the
even in these leading States the promise at the
named was
$3,910,714, that of the second
half
about the same amount of corn
and in the whole country 25 mil^bushels more. So, it one could be assured that the
two weeks in August had not added materially to the
done, a very fair crop would be assured.
On this
I
total
was $5,990,088; in 1886 the sum the
214.544,000
SO,COi
[jaa raised
second six
hall's
six
zox.aiw.ooo
It is very sauLiit.ciory
B;oiDg,
first
well to
remember
that
common
report in
vfiusm
months was $4,1 70,months $5,440,493; in 1885
first
200,S18,riOO
B(
B.
with the
the
9,000,802 23,470,0«8
iM(i.48e,oo(i
S8.7i?^,00<J
binuka.,
in 1884 net of
877, but of the
1836.
!rfeI<J/(.rl897.
Ilaola
24,7I8,403|l0,ia8,l3» 24,413,273
Total
useful at this June-
half
was
$6,657,428,
The stock market continues dull and lifeless, though
somewhat stronger tone has developed. The
iufluences of the week have been favorable rather than
otherwise.
They have tended to clear up much doubt
and uncertainty. The Ives troubles have finally culminated iu an assignment, and Wall street breathes easier,
though why the matter should ever have assumed such a
prominent position in the market as it has had for weeks
and months is difficult of comprehension. However, now
it would appear to be a thing of the past, and it remains
latterly a
to
be
more
seen
of
a
whether
beneficial
its
removal
efect
than
will
did
exeroise
the
r9.
) :
THE CHRONICLE.
192
XLV,
[Vol.
The Assay Office paid •?2i)7.639 througa the Sibmoval of various other disturbing influences which
Treasury
for domestic and $101,751 for foreign bullion
for
reasons
have at one time or another been held up as
this week, 'and the Assistant Treasurer received the follow^Foreign
prices.
the prevailing inactivity and drooping
ing from the Custom House.
exchange is declining, with gold coming here in increasing
Oonsi^ting of—
amounts, the Treasury policy is knoivn, and its effiaacy in
Date.
when relief shall be really needed, has been
amply demonstrated by the week's events; all these things
which had been hoped for so long have come to pass, so
providing
that
now
is
it
merely a question whether the public can
be induced to come in and take a hand
which is the same question that has been answered in the
Of course,
negative all through the year thus far.
in the speculation,
the
Duties.
relief,
crop situation
is
not
as
favorable
as
it
was
aold.
$338,633 52
566,335 40
679,085 28
$3 000
1,000,710 81
670.198 82
463,433 84
15,01.)
10.
11.
Total.
$3,778,397 H7
«38,0f)0
Aug. 5.
"
6.
"
8.
9.
"
"
"
six
TT.S.
aold
SUner Cer-
Notes.
Oertlflc's.
tificates.
«I317,000
$18,000
6J,000
74,000
83.00)
55,000
55,000
4,000
8,000
5.000
S.OOJ
521,0!)!)
356,000
«3«7.O00 $3.00 3.00.1
«385.000
above piyiaents ware §12,000
Included
of com, chiefly standard dollars.
in the
weeks ago, but we show above that the 1st
August promise was for a production of corn fully
in the period since then,
as large as a year ago
further damage may have been done, but on the other
$10,000
65,000
59,000
65,000
87.000
49,000
434.010
512,030
836.000
m
silver
NORTHER y PACIFIC'S ACCOUNTS.
;
Though
the result
the Northern Picifij'd opjrjtioaa
of
Jaie 30)
hand the rains this week may afford greater relief than
seemed possible, and thus reduce early estimates of loss.
for the late fiscal year (eadal
As
exhibit
is
of the
year the road suffered from the war on trans-Con-
will
against the diminished yield of corn, however, there
R-jports
be a greatly enlarged production of cotton.
of earnings continue good, as
issued
its
appear by our
will
The
ments on subsequent pages.
New York
state-
Central has
return for the quarter ended June 30, but the
as
seemed
tinental
is
not as fivjribla
like'y at the eu'^ of the first six moiths, yet the
by no means uasausfictory.
pirt
1
darin^ the winter moatis vary
business, while
severe weather was
For a goo
experienead, which resulted iu
drawbacks and entailed large additions
to the
miny
espease
from the early estimate of account. On the other hand, tie opanmg of the Cascade
same. The statement shows that in a quarter which is Division was effected too late to count in the year's
Altogether, the figures o£ the 1837 oparauoas
usually among the poorest of the year, the company results.
earned 1-48 per cent on the stock, or at the rate of about with which we have baen favorel this week present no
results
do not
differ materially
features of surprise.
six per cent a year.
The following statement made up from returns collected and net with those
by us shows the week's receipts and shipments of currency
Northern PaciUc.
and gold by the New York banks.
In the following we co.npare gross
of the four years preceding.
1S88-7.
E'lmings—
Wtek mdifin Augiut
18, 1887.
Received by
Y. Banks.
Shipped by
V.Banks.
!f.
CUTTQDCJ.
!f.
{9J&,000
.
ll.2U.000
Ctold
Total gold and legal tepdere..
«9»5,000l
Net Interior
Movement.
Loss
.
t<:99.000
400.000
Loss..
400,000
|1,«31,000
Loss..
t6 9a,QJj
Tfle above shows the actual changes in the bank holdings of currency and gold caused by this movement to and
from the interior. In addition to that movement the
Freight
Piissenger
Mull
Hxpreas
Mtscelianeous
1885
18S3-3.
~T~~
~'t
»
8,7.10.517
8,189,815
7,44>l,26rt
3.289,704
8,897,218
3,073,813
336.317
300,852
347,957
211,789
S3,95^
411,1*9
218,360
5 4,488
13l.tt98
Total earnings ...
Operating expenses.
1883-1.
6.
(
$
5,401.081
7.165,387
4.217.459
2,09.1,746
87.231
175.593
837.813'
2:9.339
87,513!
31 '"
13,789,448 11,7.)0,52;] 11,2 14.11 )'l2.«0),5;oj 7,»5
4,95
6,9n,617 5.9 9,30.1 5.9 '.3,100 6,93 !,53
Net earnings
5.lll.3i7i 5.3-l0,:!ljl 5.811.030
Tnis sho.vs only a
triiiiug
8.9
giia in lae net as c imiivred
banks have
lost $2,100,000 through the operations of the
with the previous fiscal year, the total being $5,884,831,
Sub-Treasury, and have gained $100,000 by Assay Ofic-i
payments lor gold imports. Adding these itdms to the against $5,811,227, but that circumstance does not possess
above, we have the following, which should indicate the the significance it would were the gain in gross eqially
total loss to the New York Clearing House banks of small.
Increase in the gross argues growth and expansion
currency and gold for the week covered by the bank statealways a favorable feature, even if the increise is not;
ment to be issued to-day.
carried over into the net, owing to higher expaases.
In
—
Week ending August
12, 1887.
Banka* Interior Morement, as above
Bob-Treasury operations
Total gold and
leital
tenders
Into Banks. Out 0/ Banks.
Net Change in
Bank
Holdings.
Loss..
1090.000
is just what happened in the late year.
The company's business did not remain at a standstill; on
point of fact, this
035.000
11,631.000
1.900,000
11,900.01 K)
Loss.. 2,0u0,000
the contrary, gross increased
f5.(J35.uOO
t«,531.»00
Loss.. tJ,il99,GU0
compared with 1885-6, and reached the
The Bank of England lost £191, UOO oullioa durinsr the
week. Tais represents £70,000 sent abroad and £121,000
shipped to the interior of Great Britain.
The Bank
of France sho *s a decrease of 275,000 francs gold and
an increase of 2,000,000 francs silver. Tne following
the road's history
—larger
o"er a million dollars
as
largest aTiount in
even than in the
fiscal
1883-4, when, stimulated by the Coeird'Alene gold
ment, passenger earnings amounted to $4,237,259,
year
exciteajjaiaat
Bat this increase of e
shows the amount of bullion in the principal Earopean million in gross receipts was accompanied by an almost
banks this week and at the corresponding date last year. equally heavy
augmentation in expenses (to which snow
blockides and generally severe weather in great measuK
.4u«iutll,1887.
August 12, 1886.
Bonluo/
contributed), and it is to that fact solely that the com
Gold.
Silver.
Totai.
Gold.
SUvitr.
Total.
paratively small improvement in net is to be ascribed.
£
£
£
£
Kogland
•ranee
«0,7T3,7n
80,773,711
48.'422.78ii 47,446,784]
Gflrmanj*....
81,574.'.8o 19,131,8^0
95,808,51^
40,706,000
Atut-UuDg'jr
e.MT.OOO U,940,00(J
81,447,000
Netherlands..
6,102,000
Nat.Belglom*
National Italy
8,ins,oou
6,983.000
21,430,076
S4,425.niH 16,087,';31
80,4»0,iao 18,274,850
21,430,078
99,51:1.349
36,755,000
8,491,0'K
13,054,000
20,145,000
8,807,000| 13,309,000
1,842,000
8,727,000
6,704,000
8,122,000
14,8^,000
8,875,100
1,488.000
4,313,000
1,118,000
7,327,000
1.398.000
8,783,000
8,101,000
Tot. this week 111,'M7,8S1 92,084,604
203,738,255 119,732,844
Tot.i»reT.w'li.llu.041.2B2 »2,0'^.34tlg0«.n47.88il
85.l»7a,5Nl 205,705.425
19.642,704 88,n4B,831 8115.889,535
only $3,269,704 in the late year.
In addition to its net earnings, however, the compao}
has a steadily enlarging item of miscellaneous income
This in 1882-3 amounted to only $12,024, in 1883-4 wa
increased to $78 870, in 1834-5
was farther increased ti
$193,223, in 1885-6 jumped to $315,835, andnoJ^fo
1886-7 has risen to $434,281, Tiie miscellaneous incom
represents interest and dividends on investments, one
the principal elements in
Paul
& Northern
it
o
being the dividend on the S
Pacific shares held.
In this miscellacc
ous income the company gets back some of the amount
morn, Uauea nea^r^e-ft^^Sta"? dl'te^ro SU^i^^f^^o^^
it
pays out as rentals. Taus in the case of the Sr. Fai
nV^^^'
,
—
AUOOST
k Northern
rental a
THK (!HRONICLE.
18«7.|
18,
certain
Norlbern
the
PaciQc,
M
percentage of the gross earnings, but
part of this comes back in
Paul
pays over
I'liCiBc
& Northern
Adding on the
laneous iDcoine the total net for 1886-7 reaches
$G,,'{ti9,-
an increase of $212,.
As the charges were over $300,000 heavier than in
1885-C,
was
gain
this
needed
As
accounts show a surplus.
the
the surplus
is,
Oeneral lat morliia«« bonds...
Oenonil 3d mi.rliiiuie bonds
year's
is
quite
Annual
1883-4.
Wsa-n.
(
»
»
»
t
Total net Inoome
rftaivf
(lO'iinst
Paul
No. Pao.
6,187.062
9,473,678
934,640
8,090
81,414
44.832
67,768
678,890
838,984
469,330
A
No. Pao.
k Manitoba
617,119
8,140
20,788
44,618
68,118
890,890
268,403
4,498,93n
Term
Branch roads
Funded debt
Interest
Total
4,.S80.n»4
418,401
99.07:
S9i.l.':-
899,889
141 iHM
4,124.049 •8,898,3»2
1,319.002
242,90C
99,6;!3
90,376
3,931
»,978,0>»
9,380.1<4
4,981. "8:1
Surplus
"13.*
989
l»8,44H
81,48n
1,839,0*7
1,181,401
170,381
31.908
Ul,200
91.960
1,096,696
1.1411.983
Including 8318,884 balance of general Interest account.
The surplus, though only $82,067,
It was feartd at one time in the
the balance would
be on
yet satisfactory,
is
other side of the sccount.
the
4M'>,l«il
78.S74Atl
|||§
interest charge
full
the year
is
ft.<Wffj401>
Mjmjm.
4.84S,4a«
88.810M4
mjturjm
1.418,067
8.18B.4M
thus found to be
on the debt as
it
$4,602,619, or $146,083
is
in the twelve months.
In
the charge will be increased in the current year.
But the company has also listed on the Slock Exchange
quite a large additional
amount of bonds guaranteed by it
on the branch roads. Thus of Spokane & Pulouse bonds
$688,000 have been put ouf, of Helena & Rad Mountain
$400,000, of Daluth & Manitoba $1,650,000, and $228,000
more James River Valley bonds have also been listed
making a grand total of $2,966,000, all six per cents,
calling for annual interest of $177,960.
suppose however that the
new branches
We may
will
snpply
enough additional earnings to take care of the augmented
chargts, while the Cascade Division must be trusted to furnish the increase to meet the larger requirements on the
company's direct debt. Moreover, a larger business may
months that be expected
closing
6,478,9IIII
ijmjm
sum
and
1
89,773
190.B7»
82.087
842,764
38.7V
112.699
*».o*;
M
21,024
8.287,049
other dedu tlons
*
8,8U,416
9,768,880
9.801,900
1,480.448
The
4Ojr7«.000
more than the amount paid
income—
Ronlals-St. Paul
Bt.
484,8^1
8,369,11'
1
4.1.4<l!1.0nr)
M,897,Oao
9.19IM0
4.640M1
increase in the funded debt
$3,833,000.
this
9,811,887
316.839
•
44.a«,oor
80,000.000
87,788,199
stood at the close of
1884-9.
•
4«.)|7ll,00il
4.608,818
Preferred stook
The net
1889-8.
o{ yeart.
76,710381
on MUDO
>ntereit
The following table comtwo years preceding.
pares income, charges and surplus for the last five years.
of the
9384,831
..
Misaourl and Pend d'Urollla UIts..
DlTldeod oertlBcates
Bappllea on hand
1886-7.
lierii'i
Juiuta.tn funtM.tm Juiuao.ia /«m«ae.'S4
OulilntlitlHt.
small and does not di£fer materially from that for either
Korthern PnetAc.
ft
Total
make
to
it
Ammtnt
below w« oomp»re debt,
the stock,
Intwrwst, topic. &c., for
rai^cHl-
112, against $U,127,0G'2 in 1885-6,
050.
the retirement of
the shape of dividendii on Ht.
shares.
Pacific
193
as the result of
the development of the terri-
tory traversed by the system
and from the general ezten -
In the previous year the surplus was $111,200 and in sion of the country's industries.
1884-5 $91,960. This would seem to show very little
progress in these years, but in reality the
plished vastly
instance, that
more
in
The gratifying
feature
of course
that
is
the Northern Pacific was able to meet this heavy increase
and yet show a surplus not materially different
from that when charges were so much smaller. The
heavier rf quirements are in large measure the result of
Thus
increased payments for branch and leased roads.
the guarantee to the branch roads in 1886-7 entailed an
in charges,
outlay of
Some
$696,650, against only $352,154
case a direct loss
in
that
amount, and hence argue thai
The truth
liave
had occasion once or twice lately to dissome restrictions upon the
cuss the necessity for placing
immigration movement in order to shut out undesirable
and mischievous classes of persons. Now that the figures
of arrivals for the late fiscal year (ending
been published,
movement
it
will
June 30) have
be interesting to consider the
namely as respects its size,
and its effect in
in another aspect,
composition and
comparative extent,
increasing population.
The
1884-5.
in
persons imagine that this guarantee involves in each
the branch roads are a poor investment.
We
Note, for
the interest charge was nearly a million
dollars greater.
IMMIGRATION AND POPULATION.
company accom-
1886-7 than in 1884-5.
arrivals during the late year
fact, it
may
safely be
were quite
we added
stated that
large.
In
considerably
over half a million souls to our population in the twelve
months in question through the influx of foreign settlers.
The official report before us states the number at 483,116,
have but that is not the final statement, and does not cover
is
the
branches form the strongest feature of the system, and
enable
it
to drain a rich
and
fertile
territory.
We
not the figures for 1887, but in 1886, according to a table
quite all the customs
published in the last report, the branches
receiving about 2 per cent of the entire movement.
fell
only $464,
853 short of meeting their own charges and expense?,
in
while contributing no less than $1,097,966 revenue to the
main hne on business interchanged with them.
With regard to the funded debt, there has of course
been an increase. The company spent $3,702,097 daring
the year in new construction work (mainly the Cascade
Division) and $422,385 for equipment, and the result is
seen on the other side of the account in an increase of
$2,850,000 in the amount of first mortgage bonds outstanding and of $1,143,000 in the amount of second
mortgage bonds outstanding together a trifle less than
four million dollars.
During the year, too, the company
enlarged its stock of supplies on hand (from $1,171,279 to
$1,425,446), and this, too, involved an outlay to that extent.
The amount of preferred stook was only slightly reduced
in the twelve months (from proceeds of land sales), and
eral thousand.
—
yet the total
61
millions
now
outstanding
originally,
is
while
only $37,786,199,
there
is
aijainst
$1,138,119
of
deferred payments (on account of land sales) applicable to
any event the
districts,
of 483,116
total
But
the omitted ports usually
in addition
will
So
be increased sev-
the Bureau of Statistics
has this year pursued the same plan as last year and
excluded from the calculations the arrivals from Canada
and Mexico, there being no law for the collection of statistics regarding immigrants coming across our frontier
lines
railway cars
in
;
as
the
data,
therefore,
are
in-
and unreliable, the Secretary of
the Treasury thinks it better to omit these items altogether.
good many immigrants, however, reach
this country through the Dominion of Canada (Brilisli
steamers taking them to the Canadian seaports, and the
complete,
inaccurate
A
Canadian railways carrying them to their destination over
Dominion soil), and this is especially the case when as
at present the tide is setting so strongly in this direction.
A
considerable percentage must therefore be added to the
Altogether we think that the
on that account.
total
arrivals
may be
placed at 525,000 as a minimum, and if,
movement was in pro •
as seems likely, the trans-Canadian
THE CHRONICLE.
194
movement, 550,000 would
portion to the size of the total
hardly be the maximum.
probable number, tbe
Taking 525,000, however, as the
the largest for sevis
1886-7
of
immigration movement
arrivals the
Canadian
the
without
1885-6
In
years.
erai
As com-
say, 375,000.
was 334,203, and with them,
total
figures indicate an
pared with this latter total, the present
aggregate, however, was
increase of 150,000. The 1885-6
so
years, so the increase is not
tJie lowest for a number of
arrivals
the
1884-5
In
important as it otherwise would be.
in 1882-3 they
were 395,340, in 18S3-4 they were 518,592,
and in 1880-1
788,992,
were
were 603,322, in 1881-2 they
largest ever
the
was
total
1881-2
The
669,431.
with
compared
reached, and as
total
present
the
it
[Vol.
XLV.
era of prosperity that followed, raising the aggregate to
extraordinary proportions, so that against the insignificant
in
138,469
total of
1878,
the
in 1882 reached
arrivals
cut the movement
Again business
788,992.
decline was not
the
years
down, and for four successive
this depresfrom
Kevival
heavy.
only steady, but very
depression
followed by another upward turn, and
(the first in the new flood
now been
sion has
as the total for
the late year
tide) indicates,
the
movement has again assumed very
large dimensions.
be interesting to note here a change in the composition— that is, nationality— of tho immigrants. The
German element no longer predominates as heretofore.
It will
For a number of years the German Empire furnished
Thus in
of the entire arrivals.
But regularly about one-third
out of
highest,
250,630
its
at
movement
1881-2 with the
year preceding and the
that year, as well as the
1882-3
In
Germans.
classed
as
were
788,992
the total of
extraordinarily large
year following, was a period of
194,786 out of 603,322, in 1883-4 179,Germany had
falling
considerable
a
525,000 shows
at
off.
the
the exception of these three years,
be
may
as
record,
on
heaviest
1886-7 aggregate is the
inflow.
With
extending back thirty
seen from the following summary,
1885-6 figures just
and
1886-7
the
give
seven years.
that is, without
Statistics—
of
Bureau
the
by
as reported
We
the Canadian arrivals.
TEAKS.
IMMIORATIOK MOVEMENT XSTO UNITED STATES FOR THIRTY-SEVEN
No. of
Ko. of
Xo.nf
I
Imminr'ta
Vtrioi.
Period.
ImmiQr'ts
Period.
]
'ii";
Tr. end.
\Yr.ena.Dec.3l.
Tr. end. Dec. a\,
1«51»
18ia«
IftW
1854'
1855'
1
Syears
4a7,S:ii
Jtin.ltoTneS
200,877
1666
use..
1S58..
1859..
14I,S57
13f,489
177,«28
457,237
S years..
1,085,395
298,887
1867
195,887
1868
846,945 1869
119,501 1870
1857..
160,9S8
1878
1879
1380
rr.fnd.J'n«SO,
1,748,434'
Syears..
689,431
1,487,289
1834..
788,992
603,332
618,503
3-21,350
1886..
895,M8
1S82.
387,203
llM,61fl
150,8:!7
I860..
831,158 1871
1872
1873
80,7S4
1874
6 years.,
1881..
404,806
459,803
818,339
827,498
,
89,007,
1882..
186<..
174,621
1804..
193,195
1875
5years
I
l,7i0,796
5 years..
2,975,633
1886..
+a'!4.203
1887.
t4t3,ll8
Id theec years immigranta were not distlnguislied from other pasongers.
t
Not incladlng
In 1886-7 the arrivals at
districts, usually comiirielng 2
1886-7 and 1885-6
tlie
some ot the minor customs
per cent of the whole movement
;
nor in
immigrants arriving from British North Amer-
can r^o^lnoes and from Mexico,
-whioii for
the year ended 30, 1885,
reached 38,614.
A
about 22 per cent
would
—disregarding
year's arrivals
still
entirely iu the total for
from Canada, which
if
included
further reduce the ratio.
Natives of Great Britain stand at the head of tho list
Indeed, Great Britain seems to have succeeded
now.
entirely to the position of
For instance
Germany.
in the
year the British Isles furnished one-third the whole
While in 1881-2
arrivals, that is 160,783 out of 483,116.
late
358,768 1881..
4^ years..
became very pronounced. In 1885-6 the
Teutons numbered only 84,403 .out of 334,203 (the proportion being about 25 per cent), and in 1886-7, though
there was an increase to 106,559, the proportion was only
that the change
these two
Sue SO,
247,458 1878
1877
793,903
1885
870,406
371,603
368,649
Imml'j'rt.<!
676 out of 518,592, and in 188-4-5 124,443 out of 395,The latter year marked the beginning of the
It was not till the last two years, however,
change.
346.
Great Britain only sent 179,423 against Germany's 250,630,
compares with but
in the late year her total of 100,783
In this immigration from the mother
country, it is not the Irish that predominate, as some might
suppose, but Englishmen and Welshmen, for while Ireland
106,559 for Germany.
furnishes
England and Wales supply
68,130,
74,020.
Scotland does not contribute a very large number, yet
18,633 Scotchmen came here in 1887, against 12,126 in
1886,
The
and only 9,226 in 1885.
are close to
the
arrivals
in the year
late year's arrivals
of extraordinarily
heavy immigration (1881-2), when 18,937 Scotchmen
landed in United States territory. Among other countries
that are sending us increased numliers may be men-
which we have often called
shows the movement to be very tioned Austria, Bohemia and Hungary, Eussia, Finland
The
susceptible to changes in the condition of our mercan- and Poland, Sweden and Norway and sunny Italy.
tile affairs.
There are ups and downs that correspond Italian arrivals aggregate 47,524, which is larger than ever
almost precisely with the ever-recurring rise and fall before in any single year.
It is sometimes supposed that
in business and trade.
Almost invariably the move- Italian immigrants are wholly undesirable, and that they
ment is heavy in times of prosperity, and small in times simply add to the number of apple women and peanut
feature of this record,
attention to,
is
that
it
of adversity or depression.
were very heavy
—so
much
Back
in 1851-7 the arrivals
venders occupying our
A
streets.
good many of them
but it is well to
ended with 1855 was not again reached in any note that, besides the assistance they are in railroad buildyear period thereafter till 1881-5 (when, however, it ing, latterly it has become a not uncommon sight to see
so that the aggregate for the
doubtless are an
unwelcome
acquisition,
five years
five
was very
largely
though it was closely tliem at work in the erection of buildings, digging sowers,
But from the time of the 1857 &c., and in this hot weather they are particularly valupanic the influx was greatly reduced and the war of
To show
able because of their ability to endure the heat.
1861-5 of course held the movement almost entirely in just what each nationality has contributed to tho immiexceeded),
approached in 1871-5.
.
check.
till
the
After the war, however,
maximum was
it
again began to increase
reached in
1873,
when another
panic occurred to damper the ardor of intending
settlers.
From tliis time on the decline was very pronounced.
Year by year the total fell, till in 1878 only 138,469 immigrants all told landed at these shores, against
459,803 in
the year 1873, With 1878 another change
came, and
the movement onco more began to ascend, the
resumption
of specie payments January
1,
1879, and the marveUous
gration
movement
in recent
years,
we
give the following
bo observed that 1887
shows an increase over 1886 in the case of every country,
and that this follows pretty generally an increase in 1886
table covering six years.
over 1885.
at
work
in
From
this
It will
that feature
it
is clear
that the causes
country to induce greater
immigra.
having a very general effect all over
tion
Europe, as indeed might be expected and is usually the
again, are
case.
1
ACQUST
THE CHRONICLF.
18, 1887.1
COUKTRIU FROM WHICH IMMKIHANTS ARRIVED.
TomitrtM.
Knglund
iknil
Walm.,
Ireland
Scotland
I88T.
18M.
IH88.
18M.
I808.
74,(nN
80,8118
48.487
8fl,81»
64,747; 1*4,014
«8,t!J0
4»,ai«
ftl,7l«
•8,3441 81,4Mlj
K.OOO!
18.0.1:1
Tiitiil
llli.MH 100,' tvt
Great Britain
€ormaar
ine.osv
Aiutrla
lK),»*t
Franca
Bohemia imd HunKarjr
Buaala, Finland and Poland.
Sweden and Norway
6,034
wjwr
as.»>7
1)8,741
Denmark
6,B00
Nethertnnds
4,&0«
47,681
Italy
Swltaerland
Brittah North Araerloa
All other coxut rlei
:il.4:ia
IK.KIT
mi,»ii4'i,'i-<.i'i>j'iTi,r'i
1«,S«0
8,818
12,4»)
SI,78U
40.BI0
6,288
«,8I4
81,316
ijBDb
*
8,346
11,674
•mmatorial as our present calculation covers a CO
\j
long period, namely seven years. In this way wo Und
tliat
tho addition to population in the seven yoaia
have been 7,372,471, whiio in tho same wven
yoarg tho immigrant arrivals were 3,793,002 (not counting
miiat
13,684
8.4gS
S,«OS
in.TOS 83,037
80,943 t7,«l»
84.604 43,686
6,)00
9,80]
4,iee
S,68S
18,644 16,610
O.S8<t
8.886
38,««1 6a.8»l
8,818
•,I87
lO.IMHi
lll.lliu
4,88t
a.noa
16,708
t1,<Ka
61,676
»:i.7U8
ln,81Ui
lt.<ll4
in,.t:n
81,600
8,840
0,.tl7
81,71>9
:)8,1«0
18,761 lO.Ml
10,Wlj OH.-ia
14,061
l>n)\ inr. s
t
Nut
t
Hic
two
making
ycar»),
—
we
take the annual increase at only two
million a year
We
269.
— even then we got a
or sty
]>er cent,
ft
population of 00,967,.
cannot understand therefore the basis ot Mr.
Elliott's estimate of 59,89.3,000.
46,064
or ,^CoxlOo.
hiilnir n fo.v minor cHutoms dlstrlctn ror Immigrants arriving
-VorlU Amcrlciux iirovlucea auJ Mcxloo.
IJi .tiHli
Not
last
a total addition of 11,165,473, and raising tho population
that is, about CIJ millions.
to 61,318,339
But oven 11
PATENTS AND THE PUBLIC.
4l<>
>4t3,ll6 »S3t,803!30a.84»!618.698
Hftl,81!2 jww.twg
Grand total
* Not iiH'liidtni; IniuilgiuntB arriving trvin Uiltltli North Aincncitn
Xroiii
from Canada during tho
arrivals
Hl.40.1 iai,4UI
i
•,«S4
ll,Hf>()
195
coUocti'il.
It
is
known
well
that tho value of patent laws
It has been our custom in past years to use these figures
we believe
of immigrant arrivals as a basis for an estimate of the
—
is
was Sir William Armstrong,
that was his name before ho became one ot
raised in this country.
the jubilee peers
population of tho country, and the present year this plan
seriously
is
questioned in England, and sometimes tho same doubt
It
— who took strong ground, as an inventor,
before a royal commi-ssion, a few years ago, against the
seems especially desirable, as it was recently reported that
patent system.
His chief objection, to bo sure, was the
Government Actuary Elliott had placed the population
expense of defending a patent against infringement, and
Juno 30, 1887, at 59,893,000. "Wo do not know whether
the certainty that the inventor who had not a long pnrse
Mr. Elliott is correctly quoted, but if he is, his figures, in
would be defrauded of his rights. But he had other
our judgment, seem to be a decided underestimate. There
reasons for the position which he took.
In tho United
are two elements in the increase in population, namely
States there aro probably many cases similar to one which
immigration and reproduction, and the starting point of
is within our knowledge where one room in a factory has
course in any calculation must be the Census taken in 1 SSO,
been kept locked for thirty years, lest the secret of a
showinga population then of 50,152,866. The immigration
machine there in operation should be revealed. Into that
movement, as wo have seen, varies greatly, but in the
room the Superintendent would not be allowed to take his
fig^ures above of the yearly arrivals we have a more or
own brother. This precaution is deemed bettor than tho
less accurate gauge for measuring the additions in that
security of a patent.
way during the last seven years. With regard to reproBut in general the usefulness of patent laws is admitted
duction, the case is different.
There we must rely almost
to the country in stimulating invention, to the inventor
«ntirely upon past results and experience, and this is conin enabling him to secure the fruits of his labor
and we
tained in the following table of the changes during five
—
;
sympathize with a writer in a late number of the
Nineteenth Century who places the facilities for obtain-
fully
decennial periods.
REL.iTIOS OF nraiGRiTION TO POPrLATION.
Increase
Ttan.
Population
Bach Tenth
rear.
Each Ten Tears. Per
0/wM:hbv
Total
Immigra^
Increase.
tion.
Ct. Increase
ing patents and the protection given patentees in this
Each Ten
Trt.
Total
Of wMch heaving
percent 'ge by ImmU Inc.bylieIncrease, gration. vroducVn
among
country
many
3i-87
6.188,423
1,683,875
3.5 S7
9-68
8,851,143
a,639,556
35-38
7,115,050
3,881,142
2361
3007
1138
»»6
1 7.009,433
4,803,433
1880...
!i3,iei,87a
I860....
31,443.321
MTO...
38.^58,371
1S80...
30,158,866
11,501,498
3,818,191
»-89
3808
3619
24 -ao
As
is
established in
is
But, like
capable of being
this
country
it
has
developed some evils of serious magnitude that deserve
attention,
patent
and should be remedied by a revision of the
One
laws.
of
these
evils
33-78
which innocent users of patented
subjected.
decrease in the current decade.
it
here which
less extent.
is
the penalty
to
l.'JSS
Thus the addition by reproduction between 1870 and
1880 was 22-78 per cent, or an average of say 2-28 per
cent per year. But the ratio of increase, it will be seen^
lias been steadily declining, it having been 2802 per cent
in 1830-40, 2619 per cent in 1840-50, and 24-20 per cent
in 1850-60; so that the 1880 percentage was the smallest
of any ten-year period given, except the one just preceding
i(1860-70), when war decimated the population and hence
xeduced the increase. From this declining ratio some may
•draw tho conclusion that there
to progress
much
other good things, the system
abused.
4-65
699,123
1840....
the incentives
Great Britain enjoys to a
A
traveling salesman
town and exhibits a new
door-lock.
buy.
It takes
article
goes into a Western
—a pump, a com-sheller, a
the fancy of the farmers and they
A month or two
later
they learn to their dismay
that the thing is an infringement of a patent,
must pay
It
is
a
royalty
to
the
owner of
and they
the
not easy to devise any law that will
patent.
stop such
and do justice to all parties. For tho patentowner has certainly a right, under the theory of the
law, to a profit on every separate application of the principle of the patent.
And on the other hand the purpractices
likely to be a furtiier
Bearing in mind the well. chaser of the infringing
is
are sometimes
articles
much greater number of the foreign to know that the
the population, we haidly think this conclusion coming under a
Still, granting a further decline, we cannot be- bought it if the
article
could not be expected
was patented, and that he was
penalty; nor, probably, would he have
portion of
royalty had been added to the price he
"Warranted.
Through no fault of his own he must either throw
lieve any one justified in putting the ratio of increase lower paid.
than 21 percent, for that allows for a reduction of 1-78 away the money he has spent or spend more. The real
per cent, while tho reduction in the twenty years to 1880 offender, of course, is the maker and vender of the
was but 1-42 per cent. Taking, then, 21 per cent as the infringing article, if, as is usually the case we presume, he
basis of increase in the present decade, we get a yearly was aware that he was trespassing on the rights of others.
average of 2 10 per cent. Of course in any given period He, however, is too often an irresponsible person who can
The patent owner
the percentage of addition in the earlier years will of laugh at any number of court decrees.
known
fecundity and
necessity bo lighter than in
the
later
years, but that
is
can get
littlo
principle
satisfaction out of him.
THE CHRONICLE.
196
XLV.
[Vol.
with the
some improvement upon Government might be disposed to deal liberally
is under obligation to the patent-owner,
inventor,
but
it
or
form
some
In
the present system might be discovered.
give notice who only buys the right and makes and sells the article,
other it should be required that the patent owner
Bearpar- no further than to maintain his strict legal rights.
device, which he describes, for doing a
Nevertheless,
it
does saem as
if
that a certain
by letters-patent, and no
done so innocently,
having
device,
that
uses
man who
when no notice has been given, should be liable therefor.
Even then every man who did not keep a very sharp eye
on what is going on in the world would buy any new
thing at his peril. This is a great country, and it has a
great many newspapers, and the chances would be many
ticular service, has been protected
ing in mind the almost universal habit of inventors to
dispose of their patents, it may be held with good reason
an attitude rather
that
tenderly regardful of the
less
patent-right owners of the country
may be
taken, without
materially weakening the operation of the laws as promoters of useful arts
millions to one against the notice meeting the eyes of
those who would be deterred by it from buying the pirated
and the progress of
science.
RAILROAD EARNINGS IN JULY.
—
On its face, the July statement of earnings seem3
would be something a step in the right
less favorable than previous monthly exhibits
decidedly
and the more important the invention the more
direction
increase over the correspondiag p-jriod a
The
aggregate
This, however, is
likely would it be to be talked about.
only $2,241,538, which is much smaller
reaches
ago
year
merely a suggestion which is offered in lieu of something
month this year except February when
other
any
than
in
of
protection
We hope the necessity for some
better.
earnings.
Not only that, but 26 out
reduced
weather
bad
the
whole
as
on
the
important
innocent people, quite as
included in our table report a decrease.
107
roads
of
the
give
serious
to
legislators
will
cause
inventors,
protection of
On investigation hoivever it is foaad that the falliat; o£E
thought to the problem.
in
results is more apparent than real, aad that taking into
There is another evil, which is capable of a complete
account
the iufluences and conditions at work the July
remedy. We refer to the very common practice of patent
Still, it
article.
—
and rich exhibit is hardly less favorable than the ex'iibits of the
Before citing the reasons to support
corporations, of buying up every invention which will do months precediug.
this
conclusion,
we
will
give the following suoiiniryof the
different
in
a
or nearly the same, work
the same,
in
each
the
seven
months to date, in or ier that
results
of
in
which
cer.
This
is
the
way
suppressing
it.
way, and
particularly
owners,
when they
large
are
tain corporations obtain a monopoly, and use the power
have in mind a very
acquired to " bleed " the public.
We
the reader
may know
important process of working a metallic
ore, which is said
up and completely suppressed and
the only reason we have ever seen assigned for so doing
was that its employment would have diminished the value
of the plant of the manufacturers who formed the syndi-
to have been bought
to
the Constitution, in granting the power to Congress
make
extent of the difference
precise
mu nne.
Earnings.
IncrtioK or
Decreau,
;
cate to purchase the patent.
Now
the
between July and the other months.
patent and copyright laws, does so in these terms:
18S7.
lt«6.
Mila.
January (97 roads)
February (101 roads)
.March (111 roads)
April (lOHniads)
18H7.
MiiM
t
t
58,127
5.3,592
a3.lfl9,905! 18.371,020
55,111)0
5a.M80
58,8H«
20.7«2,29(i
l9,0^.^570 flic. l.;:J8.736
28.781,8111
57,481
26,"SS,442
24,597,219 Inc. 4.184,370
2J.rt39,785 [nc. 3,398,637
28,133,3S2
23,594,5!! 1 [nc. 3.537.801
May
(lOi roads)...
61,901
B0.807
BO.OHa
June
(1L3 roads}..
a2.i<aj
57,151
69.008
July (107 roads)...
81, -SI
8S,7->0
1
Inc
.
3.828.886
27,577,058
24,377.8S3 Inc. i'.ma.TTe
2-l.482.a44
34,240,'
Inc. 2,241.538
Wnile in Mirch the increase was exoraordmiriiy la^-ge
useful arts, by
and inventors the by reason of the effects of the Inter-State law and reached
"exclusive right to their respective writings and discover- $4,184,370, yet in every month since then the giin has
Thus in April it was ^3.39S,iia1,
'ies."
This certainly covers the privilege of assigning been over three millions.
" to promote
the progress of science and
" securing for limited times to authors
that " exclusive
grant
is
" progress of
But the object
right" to others.
never to be forgotten,
useful arts
of Congress to prevent
discouragement of
;
"
—
and
it
it
is
any perversions
useful arts.
This
of the
" to promote the
is
in
As
clearly the duty
of
is
its
laws to the
the case
when
any invention is deliberately suppressed, for if something
useful were not thereby kept from the use of the public,
it would not pay to buy the patent right.
Some countries
have incorpora' ed in their patent laws a provision that the
May
$3,537,801
for July
at
it is,
and
in
June $3,199,776,
wtiile
now
as said, only $2,241,538.
already intimated there have been various elements
work
make
to
able than in
the
the comparison with last year leas favor-
months preceding, but two i(ap3roaat
points of difference shauld be observed at the outsat.
the
first
In
place a year ago in July eirnia^s were very good,
the
gam on
so
that the
68 roads then bain^ no
less than $3,2 47,322,
comparison now is with heavy totals. la
right itself shall lapse, in case of non-use.
The invented June of that year the gain had been only $2,058,99J and
and patented article must be manufactured and kept on in the three months immediately preceding it hul oeen
sale, or the patent ceases to be operative.
This is a per- scarcely more than nominal in amount each month.
la
fectly reasonable provision, and it would put a stop to, in this one circumstance aloue thera is reason for a much
many
cases, the
present suppression
would make the practice
should it still be persisted
less
of inventions,
profitable than
it
in.
and smaller increase than heretofore. It is true thu prior
to 1886
July results for two years had remained
is
about stationary, as may be seen from the folio Jviag, and
now
In considering these and other measures for securinoto
the public the benefit of the patent laws, which is certainly
not less important than to protect inventors, it is well
to
yet the important fact reinain-i that after a 3^ milliou gain
last year,
ve have a further
gam
of
2;^
millions the pres-
ent year.
remember how
these laws work in practice.
It is very
unusual for the inventor of a useful article to retain
a
controlling interest in the patent.
est to
men
He
financially stronger than
sells
out that inter-
himself,
who
exploit
Now, no doubt, these men have thus acquired a
property right which it is the duty of the Government
fully
to protect.
But whereas the community owes much
it.
man who invents a labor-saving machine, it owes
to those who only purchase his
patentri^ht.
The
to the
le?s
Mileage.
Period.
July,
July.
July.
July,
July.
July,
July,
1880
1881
1882
1883
1884
1886
EamiUQi.
Tear
Year
Year
Year
Oiven.
Preceding.
Oiven,
Preceding.
Milet.
MiU».
(47 roads).
(47road»l.
35.111
31.4-24
(61 roads).
48,043
,06 roads).
64,011
(40 roads).
31,813
47,«97
49,651
ni.7ol
43,584
49,383
29,108
47,«9«
48,138
58,750
(66 roads).
1886 168 roads).
rn d«).
Ju'y.iw- 107
t
18.749,536
17.954,311
23,849.113
24.39 (,388
13.054.577
17.793,618
22.83S.356
Inereate or
Decrease,
I
1
12,491,851 inc. MS8,9SB
15,354.850 Int. 2.599,481
21,857,9371 Jne, l.B»1.185
2:!,'354,681
Inc. 1,143,437
13,052,727 Inc.
17,85».371 Dec.
1,860
R5,76S
19,.178,0SI Inc. 3.247.328
20.483.211! 34.2iO.708 Inc. 2.-.41,53S
—
.
ArausT
.I :
THE CHRONICLE.
18, 1887.J
In the (ollowing table we^ive ibe uarDiogs ^nd fiiiluage
and last year on all roads that have yet reported for
But beaidea coiupaiing with beavy toialt, earaioga tbU
haat'd on one lest working day, there having been
be seen that the statemuut Qve Sundays in the month of July, 1887, and only four in
July, 1 886, and Sunday of course not being a baiineai
thii
the
moLth
of July.
will
It
covers 107 rosds.
OBOM
AND MILBAOa
BABlflHOS
A
244
PhuiQo
Atlautlo
'iOO
182,tiO'l
Cbic. di Kaali-ru 111...
Clil«.Mnw.<JtHl.Paul.
Chlo. St. L. * KUt8...
Cbic. & We»I Mk'li
167,2U9
l.SlH.OOU
>«i
On.
N.O.
Nurta
iia.uuu
43,2oO
34.300
dt
A
.^U9,»3S
40.7 -0
2t>9.10»
VlukDii
V.a»\,..
.Hei'liUau.
Jii
& Pao..
A Fl. W ..
Wash. & Halt
Vickhl). Mb.
an. Ku'b.
Clu.
Akron .& Ool...
Cl«v. tie MarlrlU
Col. i)i Clu. Midland..
Col. lloin. V.
&
Det. Hay C. ii. Alvna.
Detroii LnDB'K olHu..
Ft.W..rtlid;Dttuv.C'y.
Qr.KupuU
ludluua.
fUraitu iruiikoi Caii
Gull C»l. la. S. Fe
Houi!ton>b Tej.Cent.
Uj. Ceuiral (111. l>iv.)
.^
(Somberu
C«d. F.
l)ub.
&
'
Kail. C. Fl. 8. di OuU
•Kan. C. Hi>. la Muui.
•Kau. C. Cliu. diSp ..
Kiu^oi.
fi.
reiiibi'Oke..
Hudson...
dc
LoiiK IhIhuu
NaabT.
.
.
I
Loul^v.iS.Alb.JiCllic.
Loula. N. o. <te Texas.
Mali. Col. ibNonlierii.
Marii. UoiiKb. di Ou..'
MuuipbifidE CUar'tou.
Konb'ii.
West'n..
Wealorn...
Je
&
Norlolk dt
Horiberii Pacine
Obio
1
It)
22,43,1
72,337
8f,494
2^3,7o3
1,443,119
65,249]
34,e71l
I00.72;i
1,335.241
2i,9,i-i87
190.443
174.910
588,43o
2o7,l»<i
13.079
66,034
Wis.
di
Minu
+33.823
+ '::i.010
+ 107.H7^
+ 18,644
+ 16.5-9
—2,9s':
— 1,20<
—2,879
—2,716
— 1.43.'
23.4)4
21.2H0
+ 2,164
ILSZ.")
+4, '20
170,466
15.'>.S36
+ 14,92!'
22.011'
16,421
+r.,5w8
+28,O.S7
+6,' 12
+ 50.411
391,661
71.631
1,25 '.774
l»l),882
170,460
+ 26,4z2
109.7 i;2
7,^16
10.^,454
+4,26+4, 0)
160.397
139.543
2.511
9t),463
2,779,198
47,361
149.8 9
27f,53^
248.444
52.822
44,632
155,027
215,256
2.677.62b
44,boO
144.331
302,308
237.2.>6
l,172,.lO^
l,100,o26
99,
.
44
170,8».
2.^C.877
41.
49.'24b
2a,21i.
43,0 6f
19.'>,<1.'.
9,1 Oc
3,400
80.H72
105.629
67,183
14 ,5, 2
5;9.05t)
405.'26"
154.891
621.344
13 ',12
571,526
9.501.
•,200
67,040
10S,05^
68.34)
3;<»,137l
*Ve»tern.
W'beelliiK di L. Eris..
WlH* oni.)ii I eiitral ...
Mtiiii.St.Ci'x & Wis,
+ 7.08H
+26,261
+41,422
—1.2U)
Texan
Wal'ah
1,09 f.
l.,64S'
123,090,
..
+ 8.M25
11,4;:9
Bbenaiidoaii Valley ..
ttateii lelM Kap.Ti'aD
Tol Pe rl.i & WcBt
Valley of Olito ..,,
369
168
268
3*8
100
-18,72"-
110,731
67,411
34,906
121,881
73..43
145,09.
286,598
ll^,IO
d£ Pucittc
Tol. A. A. dt .N. Mli-b.
Tol. d[ Oblu CViiir»l
324
155
1,317
+,"•,9.^8
66.433
171,190
307,700
121,700
5o,3tO
32,tOO
47,900
'OriilielieHj
324
155
1,317
+ 10.041
Peoria Dec.iVKvauav.
Fit isbug & Webtern
Blou. Sl Dauvllle
Va. Mid Uiv
Cbar. lol. d: Auk.
Col. di Uieenv. Div
West. N... Car. Dlv.
Watib O. di
Aabv. di ^jiar. Dlv.
8t. Josepb d- Gd. lal.
Do
+ 8.365
+ 14,291
+ 62.41+ 11.75-
21S.240
335,4.>1
St. LouinArk. diTex..
St. Loul^ i> Ba I Fruu.
Bt. P»;.l di Uululb...
Bt. Puul.viluu.ds.Maii
106
70
+28,4 M
fc6.000
73,01
44.357
7?,42<
118,604
42u,l20
29.4B5
67.759
+ 20,854
138
14b
361
574
194
396
2.924
973
513
1,159
794
74
143
184
532
152
389
+ 20,-.<9O
+.-)5,ll2
+ 15.864
+ 43,621
+ 101,572
+2,704
+5.518
+
b5,0.')2
+72,382
—24.934
+7,002
— 16,581
-6,9 U
+26,099
+21.102
+3,600
+ 1,(
51
+3, hi
+4.832
— lOo
+ 2,-01
—13,632
+2,423
+ 1,162
+45.713
+ 113.789
+ 15,764
+ 49, -iB
+7,0U0
+ 4,456
—27,983
+ 14,892
+ 10,'.64
+6,334
2.924
655
513
953
711
2,023
520
573
243
345
68
511
27
160
330
1,236
561
109
687
580
1,441
1,441
54
321
533
3,082
616
12t
752
54
321
511
2.778
25.1
367
77«
355
37.
296
29i
50
70
252
19
18!-
736
1,01
225
1,85:
186
19.659
+60,157
H.Coke strike reduced earnings this year.
the
diminished amo'int of
wheat
The
contrast
heavy crop of winter wheat
a very
much
smaller.
But that
belt.
is
all
This
is
Last year
noteworthy in the case of wheat.
—the
present
a circum'
is
the roads in the winter
not the only element
that has
movement of wheat small. The low
were
perhaps
much more important in this
prices ruling
80 cents in New York and
wheat
below
With
respect.
teijded to
make
the
—
below 70 cents in Chicago
some
of a century being in
the lowest prices in a quarter
cases quoted
—there
is little
or
no inducement for the farmer to market his supplies.
This element of price moreover applies with as much force
to the producer of spring w heat as to the producer of winter
wheat that is. in neither case is there any inducement to
market the produce except where financial necessities
But there was this additional drawforce such a step.
—
back in the case of the spring variety; the corner at
Chicago and the high prices then prevailing, had drawn
out nearly
the wheat there was, so that there remained
all
comparatively
Not
little to
only, however,
come forward.
was there a smaller wheat move*
ment, but there was an even greater contraction in the
corn movement as the result of the diminished yield of
With many
and especially those
most import6io in the Northwest, this latter was by far the
1-28
weeks ended
four
for
the
Thus while
742 ant circumstance.
2,14
Lake
leading
eight
at
the
wheat
July 30 the receipts of
corn
last season.
roads,
315
774
355
b73
29b
284
50
70
262
195
138
735
877
225
l,fi03
130
1,116
186
441
107
8.S
Total (107 roads).. 126,482,241 24,210,7061+2,241,538 61,761 5S,750
Includes tbree weeks only of July In eaob year.
Fur lour wieks ended July30.
tMexiean currency.
now
in addition there
stance that has operated agaiast
of the West were only 9.431,506 oushels,
against 11,725,938 bushels in the corresponding period of
18fc6, a loss of 2,294.432 bushels, in the case of corn the
and River ports
receipts
were but 3,632,330 bushels, against 7,607,855
In the two cereals
bushels.
bushels, a loss of 3,975,525
combined the
6^ million.
loss reaches 6,269,957 bushels
And
against
offseu are an increase of
From
441
lo:
176
I
we had
that
+4,140
But
season the yield was
247
75
+ 54,167
to explain
adverte to the present year.
riously
21.<
ll-,,58.)
2 ',68'
nature
especially
24:
1,111'
In
the
July the ratio of gain over the same week
of
increase for July.
213
+ 1J6,<.40
note
In the two particulars mentioned we have reasons of a
general
21
1,487
44!t,-7l
5 ..432
felt;
before.
255
085.1 1.
59,578
171.75i
36,79
79,816
that the loss waa
our weekly aggregates.
1886 was 13-45 per cent on 7<1 roads, in the second
week it was 14-23 per cent on 73 roads, and in the tbird
week it was 12 96 per cent on 71 roads, but for tbe fourth
week of the mooth the increase was only 4^^ per cant on
70 roads, demonstrating that till the loss of this day waa
encountered the ratio of improvement continued large, aa
21
1,4b7
172
75
to
of
255
53,567
*
week
first
221
600
6H,!'53
+ 13,11)1
144
3H6
537
511
37
160
330
Ti,'l*-,
I
534
354
2o3
6o
1151,162
— 2,406
146
361
2,0.3
174
148
llo
548
+ 32, 6.''
+95.4H2 1,236
+ b7,24r)
261
1,09b
138
7o
143
184
632
152
389
2b2
174
148
lis
548
63
S54
2d3
3t>2
make
weri also special
and exceptional influences that combined to make the
281
144 result less favorable than it otherwise would have been.
106
70 Tbe conditions as to agricultural products were note*
— 2,ei43
1U8,!J33
l,3iO,b8.->
297
266
336
295
196
143
170
86
281
144
44..='42
39. Ml.-)
4l:-
+497
—2,5Hf)
— l,T8l•
— 8,441
08
405.300
A.di l.H.ui. llu>
+6,80(1
+4-2.7>.4
31c,497
Bt.U
+ ^',400
84..n3l
'.tl.HTti
dz .Mie.'-lBbippi ..
W
+ 3,30^
179.730
ObloSi.iiiberu
Or. R'y dt ^Bv. Co....
-
—3,693
+2,700
+2,440
-1.76M
102.6 1;<
331,046
73,812
H.Y.Out.
63'
413
312
243
336
294
196
142
170
86
— 2,!ll.
Sl.tiOO
B3,8'<7
i
tN.Y. Ciiy
4.933
63S
1
+ 33,336
610.0^2
8j,742
l'27,Bz8
372,1/00
31d.«8i»
Hllwauk«« & Nortb..
Mluu. dc Nonbweet..
Mobile di Ohio
NaHb. C. di ai L
N.Y.Ceui. dt Hud.K..
5.267
+ 2.),960
00.726
+ t5,336
—
82.'^ 64
36,4' lo
672.500
»7,oOO
50,883
lilto.zlcaii Ceulrai
kllw. 1,. tib. dc West..!
I
509
268
247
19s,
11,272
419.718
77.643
liOUiHv.Kvau8.& Sl.L.
liOulKVlllo lb
l.')5
S 9
268
247
+'26,357
l.'',54
Laku Eno ia, Weaieru.
LebiKb
194
+!i2,.'.Hh
ldo,82
48,38:
22,370
30,211
13o,v/9-^
Wfsi.iiM
4,651
—637
177,177
10,200
63,3 1»
5u,ooo
2/8,^81
38,4bO
Sn.ux City.
<s
2.i9,70.
C>8S,4jl
25o, iOo
I
lowtt F. <as. C
Ind. isiouiii. A Weal..
iDd. Ueiai iir & 8p
Kvokuk
3'. .81
191,905
Dlv.)
M
Jt
213,03
61)3
+ 42.4 :J5
+ 52.6)2
+ 1,70"'
33,0',^ S
2-^2,434
.
I
30,860
.
tSL
265
278
4.337
33,3<
411,171
20.08 <
70,u90
FUui & Pere Maru
Fla. Ky <S N»v Co
26'
.210
—7.1.->4
3 ,260
faatTeuu.Va. dt Ua
£vausv. lutl'LapV..
Evausv. A T. UuuiH..
.
9110
141.240
19,774
•DajliIiFl.W.&Cblc.
tV Kio (iniudu
D«uv. « H. U. Wwtl..
l.OSH
2,03l>.72i
401,6 -U
116.2.MI
27,.ib8
20(j,481
25,.^«3
l>eiiv.
294
--3. 123
13ll,0li
4-i.H84
lol..
818
99.951;
1
Clev49.
2,418
818
663
294
!S».5I
4S7,016
113. J4l
lutl.Bt. L. sell.
Murk.
Ciu. Jai'KKoii
CIn. NO. A 'IVx.Pat'..
\ Alai>aiiiiiUI.»uiilb..
3,611
+ 72,880
— 1, 1119
+ 511.028
998. 4>14.51.
1U.309
U».31l
..
Cliiuu)iii
+ 42.^.7 13
6,8.^7
2».^.;o('
1
123,3Jt1311,753
7(1.507
136,(>30
B3,35:t
1UI,u4>i
l.OAl.OiiO
Capti K'r A YiuiklnV.
Ceuiral of [owu.. ...
l,30S.lir
1
173,a»0
a
&
Clilla«l)l*U
the result according
1.&28.A23
188,737
PlllHt)..
Btitl.Kdc'li.
Nu.
'bill I.I fX. Hh|'.
Ciilro Vuu'.
Cliio...
Caii'oriil ^(iiiihoin..
month
the last week of the
1886
S
Atrb. Topeka & 8. Fe.
Atluuiiu lit i'a«lfl«
bun»ii>N. Y.« fbll..
easy to see that the loss of this day would
It is
an important difference in results, but we bare the mean*
for a graphic illustration of its effects. It wss of coarse in
UtUagr.
Incrtatt or
1887.
Deertate.
1886.
year are
day.
IN JOLT.
Qron Xominat.
Jfame of VaaA.
1887.
197
of flour,
and of 1,615,814
this
heavy
loss
—
that
is,
over
about the only
225,123 barrels in the receipts
bushels in the receipts of oats.
form it will be seen
the following table in our usual
wheat the falling off occurs
noubly at ToIadOy
the loss in the case of corn is found almost entirely at
Chicago, and this latter sustains the inference of a very
heavy decrease over Northwestern roads— » falling off
the crop
for iustance in the movement from Iowa, where
while in
the
case
of
mainly at the winter wheat ports, and
in
1886 was over 43 million bushels smaller tian in the
previous season.
-^
—
1
THE CHRONICLE.
198
WEEKS ESDED JULY 30
BB0EIPT9 OF PLODB ASD QBAIM FOR FOUR
ASD SISCE JANU.VBr 1.
4wli9. -laly, l-^o.
Since Ja 1.1,18871
Since J»n. 1, 18,i<i!
255.lli2
3.4 0.774
930 710
1
Milwaukee—
4 wits. .Tnly, 18S7
4 wks. July. ii»*!i
Odts,
BarUy,
Rv,
(ftusft.)
(6imU.)
(bush.)
2,447.742 3.358.974
817,716
1.4W.51»: «.46n.n70 2 I'.j.SlS
12.9tW,391 23,289,072 22.130.923
4,114 «77| 32,047,868 19,5d0,766
47J,704
4 win. July, 1887
Corn,
ITTwat,
(bush.)
Flour,
(bills.)
407,M8,
419.203
170,fiS6
80i,317
Since Jan. 1,1«S7; 1,434.»: 1
Sinoe Jan. 1,1890 2,100,796
St. LrtUii—
80,428
4 wks. July, 138
81.3UJ
4 wks. July, 1^86
5;3.373
81nc« Jun. 1. 18S7
42v),B8i
Bioce Jan. 1, 18S6
S.6SH.278
3,371,330
353.1107
11,250
21.600
11.118
96.730
138,330
975,350
891,541
4,818,130
3,781,430
4,815
1,300
088,497
478,333
7,796
18.783
113.733
175,713
10.050.V31
7,08-,ll91
e,3.>t,027 110,707,167
11,850
l,981,fi77
111.213
2.«05,34«
33.319
3^3,411
3,«.'<1.47.S
1.2-f5,457
4,197,331
4,337,481
39.138
9,2)0
185,»14
309,303
8,376
1,087.706
4wks.
lul., 188.1
since J..n.l,18-<7
12,1V
1.4H2.1 2
Since Jan. 1,1836
Ckvflfind—
4 wks, July, 1834 wki.July. 138B
8(1,127
3.3)4.912
3,031,737
21,414
61,718
1,044.379
1,640,918
82,383
102,7 <3
758.370
1,038,731
Sine-' .Iiin.l. 13>7
12:).dMI
11.3,412
500
17.873
151.6 7;i
li7,5*5
BEOEIPTS OF COTTON AT SOHTHBRN POKT9 IN JULV, AND PKOM
JASUART 1 TO JULY 31, 1S87, 1886 AND 1885.
Since Jan. 1,1386
19.370
2f.708
583,58!
289.231
207.111
1,133,92;
989,742
6211,968
Peoria—
17,073
10,953
61.803
83,721
97,485
98,601
Galveston
200,050
49,100
310,900
478 073
3.131,750
3,7:0,600
143,478
408,229
733.760
4,UJ3.184
5,216,306
21.!.960
188,733
6,123,575
533,858
110,403
2,110
23,835
7,123
28,823
14,400
13,150
841,400
323,960
47.050
19,750
208,502
174,500
97,003
93,965
62,30
7,318.670
7,792,339
178,388
203,332
90,770
6,131,7671 86,7l«.214
Since Jan. 1,1883' 4.S09.334' 27,331,3!J5
S,633,310 5,880,583
7,607,855 4,244,714
7.272,638' 3,872.473
39.915,2111,34,931,853
6:),151,.390 32,478,640
Since Jan.
61.131,123|3ii,2.58,998
8,811,61.;
1,390,813
4 wks. July, 1838
4 wks. .luly, 1883
Plnce Jiin.l, 1>87
l.l>~85' 4,3*1,433
B.431,.50f»
11.73".,933
4.32
l.3-i9'
30,531.373
173
3,551
590
490
40
221
4,987
49
849
42
10
1,293
3,181
430
Florida
ai.3,511
93-1.594
For the four weeks (and the figures ia the above
form are only made up by weeks) Chicago thus suSared
6
Port Koyal, &c
Wilmington
185
Total
281-
8,407
95
132,816
98,548
10.88['
29,450
3,930
1,214,383
In a word, then, the ordinary
movements
prising the
1885,
158,014
208,816
4,601
123,292
5,698
25,089
8,632
198,087
100,497
68,727
1,652
422,716
50,643
24,482
113,889
2,360
71,430
3,473
10,703
1,689
112,381
44,229
1,517,450
928,036
683,986
89,590
15,165
516
City, 4c.
comand provisions,
conditions,
traffic
grain, cotton,
of
1.
1886.
603,161
55,343
7,518
ia3,B20
0,050
44,014
5,739
19,209
1
were unfavorable to the present year, while the comparison
is wiih heavy earnings in 1886, and the 1887 results
gain of 2 J million dollars
cover one less working day.
circumstances is therefore
of
such
in
view
over 9 per cent
A
—
Total of all—
910,203
691,083
463,371
1,622
687
49
aavannah....
Brunswick, &o
and shows strikingly the effects of
and business, and the heavy building of new
In a measure, too, it reflects, as said a
railroad mileage.
month ago, the abolition of free passes, and in some cases
remarkable,
quiie
4 wks. July, 1387
11,552
51
50
192
.
DuJuth4 wks. Jul.y, 1837
4wks. .luly, 18f6
Since Jun. 1. 1887
Since Jan. 1, 1888
7,594
West Point &c
98,961
5.372,32ii
490
58
.Mobile
1,773
463,338
376,019
155.158
133.193
848.0 S6
727,013
1,760
&c
Morehead
1887.
1885,
417
bales.
Indianola.
495
1,013.600
764,430
6,235
6.H35
46.3'5
39,012
4 wks. July, 1887
4 wks. Jul', 183i(
Since,Ian. 1,1h87
Since Jan. 1,1886
Since January
July.
1886.
1887.
,
17,3^8
1«,087
be seen
will
receipts,
Porta
1,076.036
1,744,835
740,340
that nearly every port had diminished
and that for the seven months ended with July
the movement is about 273,000 bales below a year ago.
it
431,509
189,480
1,433,040
980,79
l-8rt
Jnlr, 1887
4 wks. July,
4,248.933
4,864,143
2;15,300
Since Jan. 1. 1837
Since Jan. 1, 1886
Detroit—
4 wks. July, 1837
4wks.
n7.8.'l
8o..'i30
576.'.I4S,
4.B.84'i
ToUAn—
8'?,123
68.M9'i
20.243
340,590
4,259,249
4,417.438
64.888
XLV.
[Vol.
active trade
on freight which have followed as the
also higher rates
result of the Inter-State enactment.
When we come
a diminution in the corn arrivals of 4,012,928 bushels.
to
the individual roads,
we
find that
somewhat larger number of companies
But if we take the figures for the even month the falling
reporting a decrease, the loss is in most cases confined to
ofi is still larger, namely 4,338,846 bushels, as will appear
The heaviest decrease of
roads in the winter-wheat belt.
from the following table of the receipts at that port for
Milwaukee
&
St. Paul ($190,726), a
Chicago
all is by the
three year?.
It will be observed that the decrease in
But the
road which does not carry winter wheat.
wheat reaches 672,438 bushels, and that notwithstanding
explanation as regards that company is very simple, and
a gain of over 1,100,000 bushels in oats, total receipts of
The wheat corner
is found in what has been said above.
all kinds of grain foot up only seven million bushels,
at Chicago brought out several weeks ago the remnant of
against nearly 11 millions last year and lOtnillioasin 1885.
the old spring wheat crop, which would ordinarily have
BEOEIPTS AT CHICAOO DURWO JULY AND SIUCE JAN. 1.
sought a market at this time. .As to the amount, if any
though there
Jan. 1
jTt'.i/.
1887.
'^eat. bush
t^rn.. bnan.
Oats.., bush.
Rye.
1886.
1885.
1887.
fo
Jury 31,
1886.
835.811
1,498,3.-2
1,117,701
12.936,571
4,142,921
11,633,996
2,579.110
6,918,858
5,93l,91s
23,832,753
32,117,f-83
38,3.53,198
3,45.1,238
8,336,3
.8
2,595,133
23,392,874
69,211
51.631
353,336
413,130
809,270
4,243,835
4,70.5,401
4,81)8,301
19,390,2.18
21,109.331
...bush.
81,830
131,(125
Barley.bush.
67,203
71,097
ToM grain.
7,007,913
10,953,363
10.0;i,870
63,374,339
61,034,809
491,234
277.814
1,920,715
2.010
293,353
1,304
3,457,390
1.018
50,783
11,938
2 1,578
19,009,575
18.833,771
18,140,501 13i.6')8,031
07,613,031
94,025,530
7,741,480
8,187.856
4,158,705
57,708,1.'8
46,464.3 15
31.381.813
351.680
503,370
449,151
2,832,397
3,733,855
3.393.830
Flour... bbls.
Pork...bbl3.
Cot m'u.lbs.
Lard.... lbs,
U»eho»sNo
74,403.407
3,537,303
a
remaining behind, the low prices prevailing retard ita
Besides this, the contractioa in the corn move-
still
1885.
is
shipment.
ment was another adverse circumstance, though the
Paul
is
Another
fact that this table brings out is that there
movement
—
was
at least at
Chicago, For instance, only 1,016 barrels of pork were
received at that point in July, 1887, against 2,010 barrels
in July, 1886.
In cutmeats there was a small gain,
but
&
the Northwest or Burlington
Altogether,
Qaincy.
make only an indifferent comparison. Here is a
summary on five roads for six years. The St. Paul &
should
Daluth continues to do remarkably
much
traffic
now
well,
this
falling off of 150,000
would represent a contraction
of 34^ million pounds, or over 17,000
tons.
In the matter of ihe Southern roads and
the
movement
of cotton,
it
is
hardly necessary to say that th»t
staple
does not count for
and yet the
much
fact remains
in railroad traffic at this
season,
that as compared with a
year
ago, there has been a falling ofi, the
total receipts at the
ports reaching only 10,668 bales in
1887, against 29,450
bales in 1886, and the gross movement
overland
A decrease of about
showing
12,000 bales.
From the following
table
aided by the
seeks an outlet via
Duluth that formerly went through Chicago, and the
Manitoba also has larger earnings than a year ago (being,
however, still far behind its best previous total); but taking
as a whole, their aggregate earnings this
the five roads
year are not as heavy as in 1883, though in the interval
an the other hand in lard there was a loss, so that
the
mileage has very considerably increased.
total of the two is below a year ago.
But these are all
mall items compared with the falling ofi in the number
1887.
July.
1886.
1885,
1834.
of live hogs received, which, against 502,279 in
1886, this
year numbered only 351,580. At 230 pounds
to the' hog,
it is
not surprising that the roads in the Northwestern section
circumstance that
also a contrac'.ion in the provisions
St.
not such an important carrier of that cereal as
$
Central Iowa
111.
Cent.
St.
Paul
&
99,319
St. P.
1,848,000
(I'a lines)
134,018
154,891
621,344
Cliio. Mil.
& Duluth.
St.l»jlMlnn.*M
Total
Of course,
—
2.845,572
all
s
99,938
2,056,726
133,655
139,127
571,5 i8
1
83,079
1,893,976
134,110
146,234
550,387
2,970,990' 2,809,7b8
1883.
1882.
t
97,212
1,919,545
127,718
119,499
i
107.874
1,820,285
151,678
137,921
1,464,937
603,151.
623,727
140,052
96,699
857,780
2,853,488
2,655,«87
2.899.131
96,239
the newer roads in the Northwestern sec-
like the Milwaukee & Northern, the Minnesota &
Northwestern, the Milwaukee Like Shore & Western, and
the Wisconsin Central lines
continue to make heavy
tion
—
gains, as heretofore,
and
it
is
owing
to their competition
in part that the older systems are unable to
they have
been doing.
Among
the
do better than
and
far. Western
-....
August
1
THE CHRONICLE,
13, 1887.1
199
PaciQc roads there are also some that have good returns.
The Northern I'aciBc, the Denver & Kio Grande, and the
be noted that the improvement over 1886 ia $390,000,
and over 1885 $1,200,000, the aggregate eamiagf of ttw
report fair ratios of gain, though
9 roads reaching $5,000,000, against $4,400,000 in 18H6,
Island again has a considerable
and $3,800,000 in 1885. In 1882 the earningi of th«
ame roads were but $3,055,487.
Rio Grande Western
the St. Joseph
all
& Grand
Iocs.
The trunk line roads as a rule show moderate improvement, while one or two of the minor ones have quite
heavy gains. Among the latter may be mentioned parChicago & Atlantic. The New York Central
an increase of $101,573, or 4 per cent, and the
ticularly the
has
Grand Trunk an increase of $107,878, or 8 per cent. The
Cincinnati Washington & Baltimore, notwithstanding it
must have suflered from the diminished movement of
winter wheat, increased
or 17 per cent, though
&
its
earnings of
connecting road, the Columbus
its
Cincinnati Midland, has not been
a
records
as
loss,
In
sippi.
does
also
are quite a few companies that have
totals of last year,
&
failed to reach their
The
&
Indianapolis, the Evansville
and the Peoria Decatur
&
&
&
1888.
1880.
ISO*.
IM8.
*
1
•
•
•
IHM.
•
P.
1.6OT,M3
1,301,110
1.181,781
i.aoi.«ie
1.8«3,TI0
1,1 17301
411.171
8S1XM6
SMI,8i4
278,087
811.784
188.488
aajut
* 8. re..
III. Cent. (So. DlT.)
Loulavllle A Naah.
Mobile & Ohio*....
Golf Col.
Norfulk
8«9,0«7
255,000
190,148
857.100
Mio.em
1.859,774
170,891
6t»,0fi«
165,087
837,888
286.908
405,««7
8t6,»M
6,015.681
4,485,691
8,838:296
i Western
909,808
807,700
Richmond DanT
8t.L.&Ssa Fran.
It,
Total
Louis
*8t.
As
Jb
188,488
840,049
840378
I07.8(B
881,18e
1,06.1,104
l.U4,TI«
1368.78B
180,988
189.883
SIO.476
878,777
1853)4
184.464
819.188
191388
M0.W3
878,8881
844.880
859,111
870,101
8,e8t,44«
4,088.688
8803U
838»3n
188,174
Cairo not Included prevloiu to 1885.
to the statement of earnings
ended with Ju'y, there
very favorable.
it is
138,420
838.083
1,097.384
is
very
Out
little
of
1
04
for the seven
months
to be said except that
companies there are
only six that show a decrease, and the ap^gregate gain
Chicago, the
on the whole body of roads reaches $23,733,786, or 15J
As a class, S JUtbem and Southwestern roads
make by far the best showing, though the Middle West-
Terre Haute
em
Cincinnati Indianapolis St.
Chicago, the Cairo Vincennes
Evansville
Missis-
indeed, there
because of the reduction in the volume
of the grain movement.
Louis
&
Ohio
section
A B.
At«b. Top.
1887.
B.Tenn.Va.4a»..
fortunate and
so
the
Western
the Middle
year $26,357,
last
July.
Evansville furnish instances of
percent.
appear to good advantage, and a few roads
lines also
elsewhere,
Like
the
Dduver
&
&
Rio Grande, California
Mdzican Central, with
hand some roads in the same
Northwestern
companies,
newer
likewise have heavy
the
section are conspicuous for very heavy gains. There is the
gains.
Wabash (lices west of the Mississippi) which we
GBOBS EAainHOa TKOM JAZtUABT 1 TO JOLT 31.
may suppose to be greatly benefitted by the
gener'
maintenance of through rates, and tariffs
Name of Road.
1886.
Inertate.
Deereatt.
1887.
reports
an
increase
of
and
which
ally,
$136,240, or
S
9
At<'bl8on Top. & 8. Fe .. 10,fl:iO,459
8,244,178 2,37.'. ,980
30 per cent. The Chicago & Eastern Elinois, the Chicago Atliiullo & Paolllc
l.'i7S,0.52
777,6.56
797,396
&riill....
Y.
l,U6,31ii
ButtaloN.
1,509.742
63,39
St. Louis & Pittsburg, and the Louisville New Albany &
l,liy,e20
711,413
BlilTalo RocU. & Pitts.
372. 1-27
103.71S
•Burl. Cedar Rap. * No.
1,509,101
1,405.388
Chicago likewise all made very good exhibits. On the Cairo
Vincennea A Cliio.
409,9.<5
351,128
58,9«7
834,'2i9
Soutliern
3lil.91d
46.^,273
whole it may be said that results are a little irregular in Caiiforniii
Canadian Paclfio
S,779,79a
621,103
5,158,690
14-2,777
119.116
23.:<61
this Middle Western sr ction, but that taking the a£Tgre. Capc Fear & Yadkin Val.
71«,535
6«,102
18,133
C -ntral of Iowa
1,199,3.'>3
835,671
363.684
gate en eleven leading roads as below, earnings of 1887 Clilea«o & Atlantic
l,10i;,()29
172,b57
Cliio. & Eastern Illinois.
934,27:
S61.870
compare well with 1886 and the years immediately pre- Cliioa«o .MUw. & at.Paul 13,039,472 12.H"4,602
2,568,-2.'S8
3,1.'4,«01
586,':13
Chic. St. Louis & Pitts ..
781. 1»2
708,291
12,898
ceding, though the total is below that of July, 1882, on CUloaKO & West Mlcli
Clu. Iiid. St. L. .% Chio...
l,487.-256
1,416.199
71,037
Mack ...
Cin. Jaclison
257,854
212,877
24,977
the same roads.
On
this kind.
Atlantic
Southern,
the other
PaciSc,
Si.
Cin. NewOri.&Te.x.Pac..
1,838,135
1,541,247
296,388
Alaliama Ot. Soiitli'u
New Orleans <fe No. K.
Vioksbury & Meridian
Vick8l)urK Sli. & Pac.
83o,920
301,136
274,723
271,188
627,533
20 !,382
337,16,<
Wayne
221,7-f7
l,lti3.714
23,967
4.908
43.636
17,412
102,703
.
1887.
JulT-
t
Chleasoft East. III.
167.209
113,3M
Cln.lnd.St.L.iCh.
809,93-
Ctn.Wssh. JfcBiilt.
Det.LBDSlnK&NA.
KTaBBT.& Torre HFlint* P. Marq...
Grand Rap. ftlnd.
177.171
111.
Cent.
(111.
83.887
TB.OflO
really
fore turn
to
113,853
177.087
120,104
93,582
66,643
i™,730
C8,34-
200,723
588,438
105,«2»
67,183
151,702
175,449
400,986
87,438
52,817
2,0!»,690
1,050,806
1,643,725
688,451
108,06i
brandies.
For
160,820
102,618
»4.53I
good
»
114,065
«83,7il3
Bt.L.A.AT.ll.mnl
•
141,249
110,259
213.B31
SS2,434
DlT.)
Total
«
t
Cblc* W.Mich...
ISM.
1885.
1686.
the South and
1882.
1
128,399
124,534
209,515
120,693
l*l?,02«
14B,02:)
217,168
159.743
97,003
121.355
la.i,K9l
73,482
172,853
69,331
120,119
184.437
180,028
531.916
101,758
148,303
186.423
464,185
90,095
44.598
1,789,044
returns, however,
1883.
lll.MS
180.820
616,78J
13.),98e
66,560
TJ,«41
1,809,190
8,043.478
we must
Southwest.
151,763
117,070
100,123
as hereto-
In Texas the
reduced cotton movement has cut down the earnings of
the Texas & Pacific, and diminished the increase on the
Gulf Colorado
&
Santa Fe, but those are about the only
Cin. Kleli.
Cin. Wasli.
Cieve.
&
<fc
Ft.
Baltimore.
Akron A Col
&
MBri(^tta
Col. &Ciii. Midland
Col. Hock. Val.
Tol...
I'lev.
&
&
Denver
Rio Grande.
Deuvc-r A- R. G. Western
Uet. Hay City & Alpena.
.
Detroit Lansin}<
&
No...
East Tenn. Va. & Ga
Evansville it ludlanap..
Evausv.
<fe
T.
Haute
Flint & Pure Marquette.
Florida R'v & Nav. Co..
Ft. Worth .t Denv. City.
Grand liiipids & Ina.. ..
IGr>«nd Cr. of Canada...
Gulf Col. & Santa Fe ...
Houst. & Tex. Central ..
lu. Central (li!. Div.). ..
(Southern Div.)
Cedar F.&M
Dub. AS. C
Iowa
Palls
AS. C
Indiana. Uloom. A West.
The Fort Worth & Indianap, Dec.A Spring.
•Kan. City Ft. 8. A Gulf.
Denver has nearly doubled its total of last year. The St- 'Kan. City 8p. A Mem..
•Kan. City Ciin.A Spring
Louis Arkansas & Texas, the St. Louis & S*n Francisco' Keokuk
A Western
Erie A Western ...
the Kansas City Fort Scott & Gulf and Springfield & Lake
Lehigh A Hudson
Island
Memphis, and the Atchison, are some of the Southwestern Long
Louisv. Evansv.ASt.L..
Louisville A Nashville..
ro^ds that deserve mention for their excellent exhibits- Louisv.
New Alb. A Chic.
Taking the Southern roads east of the Mississippi, the Louisv. N. O. A Texas..
exceptions to the rule of heavy gain.
Warq. Houghton &Ont..
record
most
is
sti
iking.
The
ratio of
increase in
some Memplds A Charleston..
heavy as heretofore, but the gains are
nearly all large, and only two roads one a very minor
one show a decrease.
We have brought together
in the following a number of prominent Southern and
Southwestern roads, and compare the 1887 results on
cases
is
not as
—
—
Central
LMexican
[Uw. LShure A West'n.
Minn. A
M.'bae A Ohio
Nash. Chat. A St.
the results in the five years preceding.
It will
I
12H,49t>
9,<,989
SU.BS.S
169,005
17-1. 188
1,444,022
1.228.037
574,703
26S,5.<2
629,2.^7
35,910
3 1,507
58,:492
229,876
513,69H
205.037
3o-<,724
1,037,932
9.124,-203
4,018,101
2,09 i, 1 45
70,934
1,101,829
1,237,88
3,511,15
2,058.014
93,558
443,149
4S-',780
351. 1«4
1,427,357
311.196
l,270.'i5li
9,698
265,226
733,011
21,122
151,380
415.263
603.7.'>2
1,297,53
9,901, 95.'S
1,271.4H7
Hi.'i63
If, 'ill
1,2.64,914
473.«.i.'i
1,484.7!)0|
l,34-',23
t
62,05ii
153.687
2 !9,ti03
777,752
169,138
32.671
606,617
35,13:
22,621
45,631
3ri,688
78,119
230,973
217,709
13.-261
152.860
325.911
1,451,833
1,298,973
1,0-14.355
76 -,411
133,419
1K8,300
1,077,048
112, ^57
1,716.0:8
511,49;
lrt2,397
5,003
897.788
117.791
179.2<;0
8,708,111
1.221,-155
l,02<i,923
545,631
884,969
2,090,693
1,760,093
513.282
613,264
1,2-<^,8'17
L
N. Y. Central AH. R....
(New York City A No ..
N.Y. Ontario A West'D.
•
them with
A
Northern.
Northwestern..
Milwaukee
2,772,993
269,315
227,702
201,375
1,061,036
297,99 2
153,491
IB 1,7 no
1,173,7J»
3,190.023
551,281
118,212
665,197
2,222,112
1,713,157
19,504,923
31v>,522
8 1 3,021
Onlv three weeks ol J uly In
To July 30,
118,851
1,611,16
415,650
7,590,307
958,06
Il..56e
21.766
131,352
93,8i;
1,11 3, lo4
263,5-8
833,9-<0
H9,J93
614,751
690,1- 9
2,119,801
30.9.33
1»4..500
570 3i9
1,]91,'213
.568.830
311,512
163,770
39.).2M
16.<,8M
417,099,
l.'il 1,685
1»,"40
22.1.013
1,125,9 '3
l,-29n,053
17,»90,2J8
299,58 i
732,721
80.30UI
cocli year.
..Mexican ourrenoj-.
THE CHRONICLE.
2(0
Name of Road.
OUlo « Mississippi
Ohio Sonrherii
Orepou R'.v & Nar. Co..
Peiirm Oeiaiur Jc Ev...
&
l,6M6.ii45
4«.'i,447
6.0^7.28-
5)2.279
2,066.1W
13'',fi70
311.406
261. 4»T
2,753.194
49,919
410.7111
8i3,li>>
2,175.>59'
810, 06
68.181
478.891
1,079.585
Wesiern....
&GreeDV.
2,1'*2,092
t).6l9.562
2,20!. 8il
2,t)Sn.20')
2,274.H.^4
Bicaiuoiid Ji Diiurille...
Va. Mill. Div
Char. C il. <fe AUK
Col.
»7fi,68(i
27«.596
376.96
59,100
28,100
6U4,-68
7S1,415
Ashv. cStSnar. Ulv
Joseph & Gr'd Isl'd..
St.
BI.I-A..&T.H. main line.
Do do (branched)
Ark. & Texas.
81.
Bt. Louis AS. Francisco
U
Paul * Uuluth
Paul Minn, dt Man...
Sbenindoith Valley
St.
Bt.
Staten Island
P.ieitto
Tol. A. A. <& No. Mich...
Tol. & Ohii Cen'ral
Tol. Peoria & Western..
Valley of Ohio
Waba«h Western
Wheeling * Lake Erie..
Wisconsin Central
Minn. 8r. Cr. <fe Wis...
Wisconsin & Minn....
256.393
9^.957
66,280
3,063
falling into
58',232
•<
93,750
283,'2I1
53,200
5,90
1\»30
12,470
22,888
5 16.409
notorious.
367,614
430,142
2,956,151
I-S.OIS
421,907
467.238
322,0S8
3,021,310
321,312
848,722
136.127
103,907
100.909
47,666
upon
2,451.731
547.840
497,955
361, 1S4
3.512.809
404,289
1,149.910
271.921
507,703
however,
is,
an element in
much more
is
Bonaparte owed
3i-,«24
than
sensitive
39,1196
To
was
its
House of
it was
the
element,
this
appealing
— playing
and encouraging
vanity,
Reprehensible in any case, such conduct
in
executive
trusting
element,
this
success.
its
General Boulanger
was especially so
491.49H
82.947
301,188
135.794
403,796
it
To
in the anticipation
lives
always in more or less symis always convenient to the
is
weaknesses, flattering
its
ambitions.
its
and
;
adventurer.
military
86,350
125.933
30,717
and which
Tnis element
pathy with the army
715 627
879.77li
Tiiere
which
national humiliation,
3,.t19,014
395.47.=)
4911.935
1,11»8.495
2,9*4.97.5
269,3ii8
society,
78.235
95,460
318.719
743,010
113.8^8
673,1'<0
829,S15
4,07i,453
468.523
477,h08
dictator.
French
of revenge.
627.6 iB
3,194,74
military
thoughtful, which latterly has been brooding over recent
man who had
a
the head
at
of
bean placed by a
army, and in
the
charge of the entire military resources of the country.
252,320
Total (104 roads).... 176,655,922 152,922,130 23,986,^0(5
2J,733,786
Het increase
It
was certainly most natural that the conservative men of
the country
the men who have the welfare of France at
heart, and who when the struggle or the disaster comes
have to bear the burden should have seen with alarm
the tendency of events, and should have sought the
removal of this man.
—
—
THE BOULANOER-FERRY DIFFICULTY.
The Boulanger-Ferry
duel,
which
has, for the present
among
at least, fallen through, has served
other things to
lower materially the public estimation of this notorious
French General, while confirming the good judgment of
the
the least, that of
Of war, and of its evil
results, the French people have had sufficient experience;
and they have certainly no particular reason to wish for a
66.985
426.033
334.84
4'29.12l
lilv....
West. No. Car. DW....Wash. O. & Vf
Texas &
among them, not
fortunes,
XLV.
the hands of a military dictator.
Norfolk & Western
NortUtim Paoitlo
Plttsburtf
Decrease.
Increase.
1886.
1887.
[Vol.
Government and
period in his career
There was a
people in retiring him.
when Boulanger was looked upon
everywhere with a certain respect and admiration.
It
Among
the men who took an active part in having GenBoulanger removed from the war office, no one was
more active than ex-Prime Minister Ferry. "Was it not
eral
when the work was accomMr. Jules Ferry's offence? He put
forth his strength to have General Boulanger removed
from his position as Minister of War because he believed
natural that he should rejoice
What was
plished?
was claimed that he had brought the army to a high state of such removal to be for the good of France; and when the
efiBciency, and in so doing he became the popular idol. But removal was effected he was not backward in giving
his later career appears to
have disclosed a character quite expression to his feelings of satisfaction.
out of keeping with his earlier reputation, while explain-
ing the evident determination shown
when
In
the
new
cabinet was being
the duel as a
itself,
nothing to recommend
brutal practice,
seldom even
means
it
At
made
best
zation.
it is
a desperate and
aggravating the original wrong.
fair
it is
be lid of him
settling a difficulty has
of
;
for generally the
has advantages of which the other
every way
to
up.
is
It
is
challenging party
not possessed.
antagonistic to the spirit of
modern
In Great Britain and in the United States
la
civili-
it is
alike
It
may
be that
famous speech complained of, he exceeded the language of propriety, no matter how true it was, when he
spoke of Boulanger as the "Saint Arnaud of cafe concerts.'
in the
Let
be
it
place,
Viewed
so.
how
does
it
in
affect
the light
what has
of
the characters of the two
taken
men?
Reluctantly, as might have bsen expected froii the ante-
cedents of the man, but yielding to advice, M. Ferry put
himself in the hands of his friends.
If a duel must
be fought, he was willing to take his chance.
Boulanger's
challenge was accepted, but subject to conditions.
condemned by law and frowned upon by public sentiment.
be
as a relic of a barbarous past.
that the firing should
Lat
it
remembered here that General B:ulanger is a soldier
In Germany it is known only as a student's folly at the who has spent his life in the army and an expert at all
universities; and it is so managed as rarely, indeed, to military exercises, and that M. Jules Ferry is absolutely
be a deadly affair. In France alone, where since an without military experience. One would naturally have
early date it has been a favorite mode of settling disputes, expected that Boulanger
would have been generous. But
it BtilT prevai's, although it is seldom now that a fatal
look at the conditions he demanded.
M. Ferry was
result follows.
More and more it is coming to be regarded willing that the firing distance should be twenty- five paces,
As
to the merits
langer and
the quarrel between General Bouex-Prime Minister Ferry, there are undoubt-
edly differences of
ought to have no
of
opinion; but
difficulty in
right thinking
people
arriving at a satisfactory
conclusion.
Boulanger had certainly no right to complain
that his conduct was made the subject of criticism.
He
He made a show of his plans and pure?er a public man, holding a most responsible
public office, placed himself in a light which
invited, nay,
courted notoriety.
poses.
If
which commanded, criticism, Boulanger was
He had made himself prominent, not
that man.
througti worthy
a
had
but by conspicuous
the
become
apparent
r6U
which
he
for
himself,
attitudes
that
had
was
if
and
noisy talk.
allowed
evidently
to
It
fill
that only one ball
as expressed
should
be
by
be at the word of command, and
be exchanged.
his seconds,
Boulanger's demand,
was that the
twenty paces, that the
firing
the word of command, but at will, and
number of shots should be exchanged
be
will
that an indefinite
until one or other
consenting to twenty paces and firing at
and in enforcing his demand, the reason was given
hit,
;
firing distance
should be not at
finally
that the gravity of the insult justified serious satisfaction.
M. Ferry's seconds very properly refused to accept any
such terms.
Any duel is a disgrace to this civilized age this would
have been simply brutal and a scaadail to France. It
would have been worse than ordinary murder. General
;
sketched
Boulanger will no doubt be applauded by a certain class
France
certain
to
drift who look to him as a hero.
But more thoughtful people
into war, and, with it, into many
probable attendant mis- will be disposed to think that the General has revealed his
1
.
ACODST
18,
6
1
I
THE CHRONICLE.
ia87.
true character,
—that
he wouKi probably have sbowo
relations.
The Hettli-nietit of the Afghan frontier ({uestion ha,
removed for tlio present the danger of a colliflion in Central
Asia between ourselves and Ruaaia, and we shall herefore be
freed from those periodic spniims of anxiety which for the past
year or two have prove<I such efflcient checks to commercial
less
anxiety about distaoca and about indeBoite exchanges of
balls
if
his antau;onist
himself; and
had been a man of experience
he has very effectively
that
jiistifled
kOl
t
like
the
who drove him from power, as well
permanently damaged whatever prospects may have
action of his enemies
extension.
maybe
accepted as sound, and doubtless a larger
passing now than was the case a yew
ago, when we were congratulating ourselves upon having
escaped from the bad times, which had tried our flnancial
OA D
But the first gain has neither been very
stability so severely.
marked nor rapid, anil we will do well to take heed to the
Earnings for the first week of August on thirty-two roads
tone of the 8i>eeches made at the half-yearly meetings of the
Uow a gain of 14 1-3 per cent. Only three of the roads
joint-stock banks and railway companies. The heads of those
j)ort a decrease.
establishments should be in a po-iition to gauge the situation
with considerable accuracy, and some or them have more
If I wttk or A ugutt.
1987.
1886.
Inenate. Deerta$t.
than hinted that signs of a reactionary character are not
S
8
9
wanting. At least the tide of revival is not so clearly defined
BuIThIoN. Y. JkPliUa....
61,200
56,700
4.500
89.K03
Buffalo RcKili. A Pittan...
29. 81
9.»<W
as it was, and while such is the case the indulgence in opti10.229
14.838
Car" ViiiiMiiin's A CUto..
4.391
Caiiiiillau P.iciflc
218.000
21»,' 00
mistic opinions is not entirely free from danger. Speculation
19.0 M'
CaHrTuli Somheru
19,601
13,311
6.250
just now is not at all well developed, either in stocks or
41,S13
3 -',365
ChlcUK'i * Atlniitlc
9.47
Chira^-o Mil & St. Psnl..
424.000
420,635
3,365
protluce. The holidays may have a great deal to do with this
Cniomro & West Mii-U
25.776
25,»S0
174
calmness, but there is also an idea afloat that there is little
Clevel;iii<l * .Miir etta ...
5,039
4,608
431
DeuvtTi^ Klo Untude....
162,001)
141.840
20,160
chance of further profit, and under the circumstances those
lil,o37
19.026
11
Det. li'iiHii)^ iV Novtlit^iii.
6,H83
5.7-.! t
EvaiiHvltle A IiuUa'iwiUs.
662
who generally operate freely have become very cautious in
EvBii-viUe it lerroU
2 ',530
2'J,««7
2,137
their dealings.
2.()!tO
Kin:,'Hti>n dc Foiubruke
5<5
2.625
Louif Iflikitil109, i50
9 .721
11,629
Whether as the autumn advances and the holiday season is
LoiiisMUi' A NaslivlUo
274,875
298.965
24,090
brought to a close we shall witness a revival of activity, it
lx>ul»villM N. Alb. A Chic.
41.076
37.578
6,498
2.011
Mai(|iu'ttc H(iu)rh. AUn.
33.^72
31.561
is difiicult to say.
The probability appears to be that affairs
61.ti52
32.348
Mt'xican Central
94,0 'O
18.344
Milwaukee L. 'i. A West
74,040
6.^,696
will iiupi'vV.;. particularly if the harvest be secured under
ll.se'i
Milwaukee A Nortliera.
16.653
5.088
favorable conditions. Wheat promises to turn out
espec37.065
33,741
3.324
N. Y. Outario A Western.
83.433
22.%40
Nxrfolk A WeBt«rn
60,893
ially on heavy soils, but it is questionable whether the purKorthini Paoirte
282,208
242,490
39.718
103.003
87,-41
15.159
Ohm A.MiHsigaippi
chasing power of the agricultural community will be greatly
Peoria Dec. Ji livauevlUe.
17,00.)
22.231
5,231
enhanced
by the results of the harvest of 1887. However, we
53.7.i8
Texas...
LoiiiH
Ark.
A
32.80
20,910
Bt.
80..>!I5
120,800
34,204
St. I.<Miis A Sao Kruu
shall again enjoy the advantages of a cheap loaf, and that
Diiliith
Paul
A
38,414
34,767
3.647
St.
10,.')'7
counts for something in these days of acute competition and
8.4.12
2,015
Tol. Auu Arbor A N'o.Mioh
21.338
lM.22
3,117
Toleil4> A Uhio Ceutral ...
diminishing profits
Money is easier than last year, and
11,484
2,300
Wheeling A Lake Krle
13,784
although rates for long-dated bills are hardening, in conse325.745
Total (32 roads)
2,536,995 2,218,792
7,542
quence of the stock of bullion in the Bank of England having
Net Increase (14' !4 p. ct.)
318,203
been drawn on rather freely of late for South America, and
For the fourth week of July the statement complete covers the prospect of some shipments being made to New York later
in the year, it is hardly likely that there will be any appreventy roads, and the increase is about 4J^ per cent.
ciable change in its value during the early future, supposing
1887.
Inereate.
Deeretui.
ith week of Julji.
1886.
that nothing unforeseen occvu-. Trade development will certainly not be hampered by monetary stringency.
188.'218
Prev'ly rep'ted (33 roads) 3.748,453 3.65 1.848
279,823
Money has been quite inactive. There is an abundance Ot
Southern
2J.623
jlitoruia
18.3.48
4.'i95
capital, and as much difficulty as ever in finding employment
ua»io .-t. I>. .\:PlttB
112.03i
25.3^:5
167,3 .7
iicihuati Jark. A Mack..
14,148
14,198
50 for it. Day-to-day loans are not wanted, though offered
at J^
94.43 J
100.434
6,0u2
Cm. N. O. A Texas Pao...
AlaiiHoia Great 8o
10.763
43,270
3 .50/
per cent. The inquiry in connection with the Stock
to
New Orleans A N. E
19,306
17.031
2,275
Exchange settlement has been very meagre, and advances for
ViekmnirgA Meridian..;
12,768
12,'J03
465
VickHlmixf^hrev. A Pac.
13,j8.
14,409
1,120 the fortnight were arranged at 1}^ to 3 per cent. In the Bank
Ii,2l0
Cln. RietiiMima A Ft. W..
11.619
561
ihciLn.iti Wa-ili. A Bait.
52.709
of England weekly return the stock of bullion shows a falling
59,;58
6,549
<'Ve a id Ak on A Col...
15,7H16.396
593
This is about £50,000 less than the sum
III. A lin.
.Mdlaud
8,''b7
10.331
2.264 off of £683,603.
E»6tT«nn. Va. A ua
123.178
109.749
13,429
exported. The present total is £21,737,711, and is about
5li.0J2
Flint >v Pere Marquette..
66.233
lu.'i.-tl
18,r.42
£1.453,000 short of that held at the close of June. Compared
Florida K'wa.v * NaT. Co.,
15.964
2,578
Grand Kaiiid.-i A Uid
82.297
7 5,1)1
7.2.M
with a year ago the supply is about £150.000 heavier. The
Grand Trunk of Canada..
3..7.853
347.525
10,323
4,),fi8l>
Houston A Texas Cent...
45.5S1
1,?95
actual deficiency in the reserve on the week is £638,632, there
Keuktik A VVestoru
1,741
7,064
5, 23
being a slight reduction in note circulation. At present the
2.9.->7
Ijike I'.rie A Wenlem
GO.l.iy
57,-02
Memphis A Charleston..
38.-73
24.264
14,409
reserve is nearly £500,000 more than at this time last year, but
Miiimsota AN. rtliwest..
22,505
37.382
14.87/
N. Y. City A Northern ...
11,792
11.012
780
is £1,714,000 less than at the close of June.
The proportion of
4,772
St. Jo>. Atiraud Inland..
16.3 'S
21.1 lO
reserve to liabilities has been reduced from 40'85 to 40'02 p«r
2,4!i9
35.67H
Bt. L. Alt. A T. H. (M, L.)
38.178
hramher*
22,010
2.^,353
3,318 cent. The aggregate deposits held are about £930,000 less
30,5-5
Stateu l8 and Rapid Tr..
312
30,263
141. '>45
Texas I'aiillc
145.165
3,620 than they were a week ago.
Toledo PeonaAW
20.513
19.466
1,047
Tenders for £1,500,000 Treasury bills have been received by
Wlsci lusin Ceutral
69,089
47.920
21.169
Minn. 8t. Croix A Wis..
280 the Bank of England, and the whole amount was allotted in
13.155
13,435
Wisconsin A Minnesota.
30,297
11.685
18,612
three months' bills at an average of £1 98. Id. per cent, tenTotal 170 roads)
459.300
212,771 ders at £99 12s. 6d. receiving about 47 per cent; above in
5,459,434 5,212,905
fulL
(4
Not increase '73 p. o.)..
246.529
The rates for money have been as follows:
as
osition
'
amount
to him.
remained
WEEKL T RAILR
of business
is
SA R^NaS.
.
.
j
!
i
%
i
I
!
I
'
.
I
,
^0 actavjjl ©ommjevjcial gdflllsTx^cnis
[From our own correspondent.]
London, Saturday, July 30, 1887.
The influence of the holiday sea.son is still felt in all departments of business. The accounts from the leading manufac-
:
1
Ions 84 »
luir
•'
turing centres are not devoid of a certain degree of hopefulness, but at the same time there is an absence of that buoyancy
and
which would assist so materially in building up
a sound, substantial and progressive trade.
At present no
I
elasticity
political reason exists
re-establislied
;
that
is
why confidence should not be thoroughl}'
to say, so far as relates to our foreign
InunnaUotMt
fnrdnatlU^
up<n marlttt nUM.
1
••
••
"
1
SI
8 2
18 «
fa 9
BanltBUI:
Tra-U OUlM.
Duet
IP$f,
four
rvw nmr
9U)
Six
SKw* 41 Tt«14
Wmtlu MonUu, .VntUhi Stmitlu Uonth, Itmtk' B«.k.. OnlL Dam.
TkTM
IH*- IM«1W lt«llM i«.a
1«4 - IM« - « « - ««»
m«<M
9>4«9t<
is»2>4
- IH-*
-
m» - liwa
i)«aiM IH9» 8 •9ti
a man asi'Oyt
a cux x)««3
-
iH<»i
lH«lMt«»
1
\H* - » «- !»«.«
-jiHJ - HH* - XH*»
')«<»IM
m*
l««S
9
win i« -m
»
aaw <W»3
1
HI
MI
N1
NI
M1
HI
-X
-I
-1
-1
-1
-1
The following return shows the position of the Bank of
Bngland, the bank rate of discount, the price of cons..>ls, Sco.,
Compared with the past three years:
J
THE CHRONICLE.
202
circulation,
1887.
1886.
188S.
1884.
£
£
£
£
exoludlnd T-day and
PnMlc deposits
Other depoBits
27.236.994
25,391,185 85,166,8151 25,988,700
5,097,128
6,361,615
3.610,176
24.6;2,93« 32,984 ,4i<3 26.629.085
GoTemment
17.190,081
14,840.355
17,070,601
13.579.571
19.239,212
19.570,072
22,094.437
22,123,924
Other securities
Beserreof notes and ooin
Coin and bullion
Beserre to liabilities
12,418.671
11,937,889
17.247,998
14,122,644
21,682,054
26.664,813 24,361,341
other
Bank
i85,069.0i0
bllli
3.602,902
aecurltleB
21,737,711
40O2
42
p. C.
2 P.O.
rate
81.546,000
p.
UH
C.
p. c,
2 p.c.
lOOJ^
100
112,275,OC0
79.240,000
2 P.O.
lOlJ^
tOl Il-I6d.
Consols
Clearlng-Honse return
44^
p, 0.
13WP.C.
81,455,000
The bank rate of discount and open market rates at the
weeks
chief Continental cities now and for the previous three
have been as follows:
ItatMO/
liUtrutmt
July
July 22.
July 29.
Jidy
1.1,
m
m
Frankfort
HambnrfT
Amsterdam
Bmssels
Madrid
Vienna
4
4
e
3
Bt. Petersburg,
Oopenhatren
4
4
4
SH
4
BH
5
S
8
5
3
3
&
Messrs. Pixley
I
4
4
B
5
3
3
4
4
S
3
SH
I1IPOBT8.
Barley
OatB..
Peas
Beans
tndlanoorB
PlooT
Supplies available for consumption (exclusive of stocks on
September
Aver price wheat
Aver, price wheat
The following shows the quantities of wheat,
afloat to the United Kingdom:
£10\0J0
— Socliini;
Wheat
qrs.
Flonr.equal to qre.
qrs.
SCalze
s.
Bar gold, fine., .oz. 77
Bar gold, contain'g
n
88.
July
d.
•.
9
77
10
Bpan, doubloons, OS,
21.
London Standard.
July
d.
9
Bar silver
oz.
Bar ellver.oontaln-
77 10
ing 5 grs. gold.oz
...
....
fi.Am.doubloons.oz.
3
Cake sliver
oz.
Mexican dols...oz.
capital creations for the
2a
July 21.
d.
d.
ii)i
44 7-16
44«
43^f
43«
47 15-16
'
'
shares, pre£>eiit \A6i\e
000
8
loudon Woolwich & Olaclon on-Sea Steiniboat Co. "(Limited )
Capital, £50.000 in i'A shares, present Issue
20 000
'Woodhoiise Ai itawson (Limited), £ j shares. Capital, £260,066:
present issue, £105,000.
COLONIAL,
•EmuBay&MoimtBIschoff Railway Co. (Limited) Tasmania.
Capital, £300.000 lu £5 shares and £125,0.»0 in i^u per cent
debentuits. Pieseut issue
£12; 000
'
'
Titet.
Wed.
,
Thur$.
Fri.
44oia
4419
10H<,«
101=8
8l-47ia
II314
10 "8
1015s
8L-40
1131s
I3II4
58
8414
31=8
1271a
1
574
131%
67 '8
84%
31%
XI23I4
5733
28=9
28%
lir.ii4
112»8
©ammjerciaX atia latsccllatteorxts 3^extrs
& Valencia Eallway
Co. (Limited.)
£100
3,772-The Ohio National Bank of Lima, Ohio, Capital, $120,000.
Joseph 3. Thompson, President; James H. Woods, C.ishier.
IMP0ET8 AND EXPORTS FOB THE WEEK,—The imports Of last
week, compared with those of the preceding week, show an
decrease in both dry goods and general merchandise. The
total imports were $9,161,776, against $10,03o,237 the preceding week and $8,393,673 two weeks previous. The exports
for the week ended Aug, 9 amounted to $5,538,583, against
$7,340,037 last week and $3,833,075 two weeks previous. The
following are the imports at New York for the week ending
dry goods) August
(for
the
first
and for the week ending
4,
Aug. 5
week in Jauuarr
eral merchandise)
also, totals since the
;
:
rOBBIOa IHPOBTS AT
tor Week.
1884,
$3,223,=;02
Total
(for gen-
beginning of
HBW TOBK.
1885.
1836.
1337.
$2,59^.S39
6,566,437
6,22.'j,803
$2,635,253
5,099,56J
$2,687,669
6,329.34 2
$9,449,305
$7,731,822
S9,017,011
$9,161,776
$69,452,977
189,882,604
»73.37.a,001
.Since .yan. 1,
Dry Goods
A very quiet trade has characterized the grain markets during the week.
Naturally there has been a disposition to suspend operations until some of the new grain comes forward.
Wheat has been rather easier, but an actual decline has been
The statistical position has not undergone any
appreciable change and the quantities of wheat and flour afloat
to us are practically the same as they were a year ago. Business for the moment has fallen into a very narrow groove;
speculation is conspicuous by its absence, and 6071a flde purchasers do not go beyond the limit of actual requirements.
Quotations are therefore in a great measure nominal. There
is no anxiety on the part of holders to force sales,
and whatever concession is granted is certainly not made willingly.
exceptional.
this that holders
Francis Limeiii k, Pres't Lawicix e Travell Wlialley, Caphier.
3.770-Tho Geimin American National Uauk of Pckin, 111. Cupital,
$100,000 Henry Feltmau, President. A. H. Purdie, Cashier.
3,771—The National Bank of Deiiosit of the City of New York, ^. 'i.
Capital, $-250,0)0. Lewis E. Ransom, President; George II.
Sen'lmer'dlse..
Seven per
...£310,000
existing businesses.
would seem from
National B.'USKS.—The folio wing banks have recently been
organized :
3,768—The Fourth National Bank of Waterbury, Conn. Capital. $100,
000. Edward T. Turner, Piesident; burtin G. Bryan, Cashier
3.769— The First National Bank of Almii, Kan, Capitnl, $nO,l 00. John
Dry Goods
FOREIOH.
It
Mon.
Bat.
41 '16 447,6 445i6
Bilvei.per 01. ..>.....<<. 4438
lOl^iB lOHis lOl^is 10l9ie
OjnsoiB tor money
Jonsols tor aooonnt. ... 101»,« lOl'lB lOli'ig 101»je
81-35
Pr'oh rentes (in Paris) fr 81-37 ifi 8l-37ia 8l-a5
112% 112% l!3l4 11338
O.S.4i«Bof 1891....
13 mi
13138
131=8
>4
131
O. 8. 4,8 of 1907
5~l9
5bis
57 5a
59
Canadian Pacitlc...
84I9
><37a
Ohio. Mil. A St. Pan)
3118
31%
3138
t:rie, common Btook....
127 13
12714 12714
li7>4
Ullnols Central
57I3
57=8
,^733
5778
Pennsylvania
28''8
2838
28%
Philadelphia A Readinfi 29i»
ll-2>a
111238 11 11^8
113
Sew York Central
Southard, Cashier,
week have been:
LOCAL.
Laborers' Land Co. (Limited.) Capital,
£'00,000, in £1 shares. Present issue, 20,0J0 shares
£20,000
Acringtim CMijioraiion Steam Tramways 0>.. 1,750, G perot,
prcf, £10 slurcs
17,'iOO
Acrlneton CorpDrathm Steam Tramways Co., IT.-SO, ordinary
17 50
Bronchlalyne Tonioou Co, (Limited). £1 shares. Capital, £50,00;',
Present iiBue, lii,'>00 shares
10 000
•Cheehlie Alkali Co, (Limitel.)
Capital, £ iO0,0D0 in isj
shares. Present issui', 4i),(!0U £^ pref. shares
230 000
Be'gravla Bakery Co. (Limited), £1 shares. Capital, £100,000,
Present Issue
1q qqq
Ab-lnira Boot making Co, (Limited.) Capital, £tiO,'o'6i)"in"£5
To acquire
2G1.000
;
44 7-1
47 11-16
The Small Farm and
•
i.'.e.ooo
for bullion are reported as follows:
July
cent debentures,
183.5.
2,001,000
daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending Aug. 13
SILVER.
Fnerto Cabello
1386.
1,798,000
141.000
379,000
Last week.
1,87^,000
145,000
411,000
Thin week.
1,780,000
12 '5.000
421.000
The
to India.
GOLD.
ao dwts. silver. OS.
and
Ensllsb Fiaaaclal jnarHels— Per Cable.
SH
5
ha? been done in this coin, the nearest
quot;ition to-day being 43i4d, The Nepaul takes £ IS, 150 to China and
the Straits.
The quotations
flour
maize
London.
Mexican DoUiirs
The fresh
93,313,801 96,929,203 105,186.912 88,161,638
1883-84.
1886-87. 1835-86. 1384-85.
week. 348. 3d. 31s. 3rt. 33s. lid. 37s. Id.
7J.
2d.
388.
season. 33s. Id, SOs, 9d. 338.
Abell vrrite as follows on the state of the
iental stcaimrs lake
Standard.
1):
1883-84.
1884-85,
1885-86.
1886-87,
Importsof wheat.0-wt.47,665,8S7 45.014.304 51.703.023 46,705,973
15.460,190 12.996,600 15,410,687 13,575,525
Importsof flour
Sales of home-grown.. 30,187,724 38,888.899 3d,073,202 37,883,190
4
Gold has been in great demand for export and all arriviis have found
ready purchasers. The movements at the B'jnk of Eti?laiid for the
week arc iSlO.OOO out, chiefly lor South America, and £2 7,000 In. The
anivalsare: £96,000 from Ihe East, £29,OJO from the Wo it Indies
f26,000 from Central America, and ii;.!,000 from Chile; total, £15.?.eOO. The Leihuiiz has tailed with £S!tO,000 for Buenos Ayres, and the
Indian mail takes £7.5ii0 to B 'mbay.
Bllver.— With lower Indian exchanges, the price receded until 44i«d.
\fa8 touched, at which price the arrival per Cotopaxi was placed, and
the market cleared. We to-diy (inote 44>4d.. but there is nosilver offerTlie arriva's are £ 1.0 lO from the West Indies. £ i7,000 from
lni5.
New York and £5ti,000 from Chile; total, £91,000. The Peninsula <fe
Umdon
1884-85.
1883-84.
1885-86.
n8S6-87.
OWt. 47,66.'i,S87 45.044.304 51,703,023 46,705,973
9.5l6.2fi9
15,613,751
13,747,613
15.V02,68S
9.632.821 11, •55,635 11,6^7,725
12,436,4^4
1,5.'S0,598
1,826,514
;,888,(-e4
2,S62,2«2
2. '25,512
3,286,477
2,330,017
2,32i,09S
2S,047,«41
25,983,226
25,019,908
27,459,501
15,460,190 12,9d6,600 15,410,687 13,575,5^5
WUeat
buUion market.
O
XLV.
The following shows the imports of cereal produce into the
United Kingdom during the 47 weeks of the season and other
items compared with last season:
Total
8.
Bank Open Bank Open Bank OpMl Bonk Open
BaU. Market BaU. Markit Bat<. Market Bat<. Market
3
04
3
2«
2}i
3
3
3
1«
IM
8
3
3
3
1%
8
3
iH
3
8
3
1«
an
2H
en
2M
SH
an
i3H
3
iH
3«
S}^
SH
3H
an
Parle
Berlin
[Vol.
do not anticipate that
*he result of the harvest will upset the market.
•Jen'l
«71,229,=;09
mer'dlse.
192,9iy,0J5
*53,611,329
167,019,284
203,290,317
Total 31 weeks. $264,148,601 $225,631,113 $259,335,581 t23 1,663,318
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 August 9, 1337, and from January 1 to date:
BXFOBTS FBOM NBW TORK FOB THB WESK.
1^84.
For the week...
$6,393,766
Prev. reported..
179,,^36,070
1883.
$5,443,381
190,136.857
1396.
1887.
$6,51-J,151
$.5,588,588
17s,92S,9S0
175,755,950
rotal 3 1 weeks. $185,929,336 $19 j,585,233 $185,141,131 $181,342,538
The following table shows the exports and imports of specie
at the port of Now York for the week ending Aug. 6, and
since January 1, 1887, and for the corresponding periods in
1880 and 1886:
:
ACGCST
THE (CHRONICLE.
18, 1887.]
xposn AMD mroBM or tpaoui
at
hbw
tobk.
New
ImporU.
Mtporli.
OoM.
ereatBrlUlu
$89,922
17,M57
068,101
2,313,017
$1,874
Weatludlea
Hexloo
BoDtli Auerloa
$9",«56
8inetJan.l.
!f2,177,704
1.51 '1,81.%
400
115,127
1,272
l,74^.0.-.l
675
170,S.il
9.9H2
2d',6o6
2.226'.i02
4.'<4,739
7,437
104,251
$21,874
1,960
$6,093,738
36,966,032
6,329,163
$131,061
25,22:;
»7,142.S19
3.221,:MS
3B,357
5,875,2.-.2
All other oountrlei...
Tdtal 1887
Total 1886
Total 1835
Wetk.
SinetJan.l.
Pranoe.... •••••...•.
Sitter.
BreatBrltaln
Oermaoy
WeBtlml'oa
MdXlCO
Booth Amerloa
All other ooan tries...
Total 1887
Total 1886
Total 1885
$75,000 $3,293,070
641,273
6,750
H6.(i40
139,2A5
21,358
4,777
50,305
33,219
i'.eJo
*
"y'si
148,715
8M4.0t5
54,«S^
198.H86
332,936
«S^,1S7
167,347
806.996
$7,263
$1,331,112
3.%,07i
«7H,05()
1,144, -isa
$210,692
1.379
2,6b6
4,021
261
$6,297,120
6,403,999
10,641,4b6
50,564
0( the above itnports for the week in 1887 $13,539 were
American gold coia and $3.G37 Amerioan silver coin. Of the
exports during the same time |30,000 were American gold
coin.
United States Sub-Treasury.—The following table show
the receipts and payments at the SulvTreasury in tliia city, a"
well as the balances in the same, for each day of the past week p
Balaneei.
Seteiptt.
Pat/mentt.
Coin
Coin.
Oerl't,
Ourreney.
$
1,0=54,970
1,948.073 134,728,912
13,220,:J10
l,60d,P2fi 134.626,875
13,337,042
12.770.407
12,764,775
789.976 134.101,960
l,l;iO,Ul 134.176.645
1,575.989 134,280,635
14,-141.352
12.«4ii,4-23
12
1,615.690
1.?43,21H
1.34i.614
1,203.200
811,407
14,531,482
13.939,555
13,160.492
12,938.277
13,248,406
13,208,535
..
'.578,159
Aug.
"
6
9
"
10
"
11
"
Total
York, $800,000 registered bond* and flOO 000 oonpon
bonds, at 111 Hat; Kessler & Co. of Nbw York, $71,000 coapoa
bonds Ht noyi First National IB^ink of New York, $1,450,000 register.'d bonds at 110 48-100; Janies Talcoit, New
York, $3">, 000 coupon bonds at 113, with afcrne intereat to
June 1, lH87i Drexel, Morgan & Co., $.!."iO,(J00 registered
bonds at 110 94100; William Fellowes Morgan & Co., New
York, $400,000 coupon bonds at llOJ-i The Suffolk Saving*
Bank of Boston, «280,000 reKi-tcred at UO flat; Andrew
Leeper of Chillicothe, Mo., $6,000 registered b<ind» at ItO,
with interest to S-'ptember, 1887, The total amount of bonds
:
Wt*k.
Dale.
1.318,0411134, 18.i,013
8.S9S,749l.
Beech Cr.ek Clearfield & Sonthwcstern.— The Northern
Central Railway Company has begun a suit in the United
Sates Circuit Court against the Vanderbilt executors to have
it equitaWy declared that the stock of the Beech Creek Clear,
field & Southwestern Railroad Compiny of Pennsylvania be
held by the Vandorbilt heirs in the use of the Northern Central
Company, and that these heirs be held to perform an alleged
contrECt made by the Norlhern Central Company with Mr.
Vanderbilt, by which Mr. Vanderbilt agreed to deliver to the
Northern Central Company sixty per cent of the capital stocK
of the Bi ech Creek road, worth $3,000,000, the Northern Company in return guaranteeing the payment of an annual interest of four per cent on the first mortgage bonds of the Beech
Creek Company, the amount of which was $5,000,000, a
majority of which was held by llr. Vanderbilt. The Northern Central Company, under this contract agreed not to build
over its proposed line.
1
;
(.llred WHS $5,483,000, of
and $1,290,000 coupon.
—
North cm Paci flc— Un ion Paci flo. A contract has recently
been made by which the Norlhern Pacific gains an entrance
into Boire Ciiy over the Union PdCiflc tracks, each road to pay
half the interest on the cost of the track used and half the cost
of maintenance. On the same terms the Union Pacific is
allowed to use Northern Pacific tracks between Portland and
Tacoms.
St. Joseph & Santa Fe.—The St. Joseph & Santa Fe Railis
The
progress.
original
company was
a paid-up capital of $300,000;
in
$114,601,
established in 1872 witl»
18S4 the net surplus was
and total assets $537,489.
$41,073 and in 1887 it is
Over 800 corporations now adopt this company's tionds,
guaranteeing the honesty of their employees. This is the
only Guarantee Company in the United States whose capital
and assets are not involved upon administrators' or other
indefinite risks, and whose business is strictly confined to
issuing bonds of suretyship for officers and emp'oyesof banks,
railwajs, commercial and financial corporations.
—
The Deadwood Terra Mining Company has declared &
dividend of 10 cents per share, payable at office of Louosbery
& Co., Mills' Building, on the SOth.
—
Auction Sales. The following were sold
auction by Messrs. Adrian H. Muller
San :
Shares.
30
Baok
Citlzi-ns' Nat.
30
IMtlzens' Fire Ins.
5
.^0
Hanover
Alaska
Ins.
at
Shares.
Coiumon
40
week
this
&
Creek BR. Co.,
148 Beccli
141>4
114 19
136>s
Co
Co
Down Co
Ifiliier
all
40 Oriental Bank
194
10 Gnardlan Fire In.s, Co... 70 v»
6 Second Ave. RK. Co
121
33 Bank State of N.
BoniO.
$20,000 Greeupolut
Y
123
Ferry
Co., 1st Mort. 7s, Reg. Bdg,
due Nov. 1.=), 1905. Interly and Nov
10t91G4'»
$1,300 Citizens' Fire Ins. Co.
M
est
78»»
Scrip
United States Qovernment and other de^lraole
SECURITIES
FOB
INTESTORS.
All Btooks and lionds listed on tUe
and sold on (30minission for cash.
New York
Stook Eiccbangre bocglit
Deposit accounts received and Interest allowed ou monthly halanoer,
subject to draft at alght.
HARVEY
28
FISK
Nassau Street,
GRISWOL.I>
&.
&
Nkw
SONS,
York.
GIL.I.ETT,
No. 3 yVuW Street,
IVoir
Tork.
DEALERS IK
INTESTHENT SECURITIES.
N. ¥., GAS tc ELECTRIC LIGIIT CO., Gs.
CR.1WFORDSVII.I.E, IND., XTATER VTORKS CO., 6».
SARATOGA,
HELENA
Sc
RED
HIOIINTAIN, 6a (No. Fac. 8:uarantce)r
JERSEV CITr, rcKlsfered, S«.
CITV OF OnAHA, NEBRASKA, 0*.
TOWN OF SiLINA, T., 4s.
—
U. S. Bonds OfTered. At Washington, August 10, Secretary Fairchild opened proposals for the sale of United States
41^ per cent bonds of 1891, under the terms of Treasury circular of August 3.
Proposals were received as followa
Harvey Fisk
Sons, New York, $700,000 coupon bonds and
$1,800,000 registered bonds, each at 1103^ ; Robert S. Graham,
were registered
—
w
Missouri corporation, organized for the pura n
pose of constructing a line from a point on the Missouri
River in Buchanan County, opposite Atchison, Kan., via St.
Joseph, to a junction with the Chicago Santa Fe & California
road in Carroll County. The road will be 97 miles long, anJ
is said to be in the Atchison interest.
Union Pacific— Utah Central.—The San Francisco Examiner says that a gang of Union Pacific men are now busy
locating the extension of the Utah Central through Nevada.
The line is being loc-ited from Salt Like City to Black Rock,
twelve miles north of Milford, thence across the Fifty-mile
Desert, along the southeastern line of White Pine County into
Lincciln.
From there the route extends over the hii<h Shelbourne range at a point eight miles south of the Patterson
district.
Then it cuts through Nye and Esmeralda counties,
and finally over the Sierra Nevada at Walker River Pass,"
roah
$1,18(5.000
The Guarantee Company of North America, head oflBc j at
Montreal and New York Branch 111 Broidway, has published
its cemi-annual st ttement to June 30, 1387, showing excellent
& State
Line Railroad Company for
the merger and consolidation of the two railroad companies
into one corpiration UQ(i^^ the name of the New York Chicago
& St. Louis R^iilro, d Company was unanimously ratified.
in Cleveland two deeds of the
There were filed AuKUit
property of the Nickle Plate makint; transfers to the new
company in pursuance of the re-orgauizition Echeme.
Louis and the Erie
which
Secretary Fiirchiul declined to
accept any of the proposals except that of the Sufluik Savings
Bank, of $300,000 bonds at 110.
On Thursday .Sccr tary Fairchild received an ofTer from Harvey Fisk & Sons of New York, to xell the (J jvermn^nt $3,600,00041^ per cut bonrisat 110 flat, andanofL^r was received from
the First National Bank of New York to eeli $ l,4')0,00O 4) ^ per
cents at th*- sime rate. The Secretary dec in'd b ah ()fri!r8,"and
telegraphed that the plan adopted by the D.'pirtiaent for the
purchase of Government bonds provides only for the consideration of tho.^e offers of sale wtiicli aro mi'le pursuant to
•aid plan each Wednesday at noon. Applications for the preEayment of bonds amounting to $18,333,530 have thus far
een received by the Treasury.
New York Chicago & St. Louis. —A special meeting of the
New York Chicago & St. Louis Railroad was held this week,
and a join t agreement of the directors of the New York Cliicago
& St.
203
roR BALE BT
COFFIN & STANTON, Bankers,
&
10, 11,
Vi a«d 13 .Mortimer Balldloz, Wall SirMi, N. Y,
h
J
:
:
:
[Vou XLV.
THE CHRONICLE.
204
Charleston buying par; selling
commercial, 25@7oc. premium;
25@50c. discount; Chicago,
bank, $1 50 premium; &t. Louis,
i@i premium;
New Orleans,
J ®i premium;
par-
recently beea aunoiineed
The foUowinn dividends Uave
Railroads.
Priaw«re * B"Ui.d Biooli
Cenl,
(qnar.)
Clevel nrt A PI'ts.. guar, (quar.)NoriliPen"»yi>aiii!i iqiiiir.)
Admns
.l^•^^(qll.tI
V.x
)
(
Aug.
17 Ang. 14 to
1 Ang. 11 10 Sept.
25|Aug. 11 to Ang.
3
2
Sept.
to Sept.
1
A UK.
2
Ang.
1%
Sept.
ii
miscellaneons.
Payable.
60c. discount.
The rates of leading
bankers are as follows:
:
Bookf Closed,
Days inclusive.)
When
Per
Kame of Company.
selling
TAng. 14
Avgusl
4 841a
4 7912*4 SO
7'-"«
7a
a4
4
5 25 *."> "433 5 231s».'5 221b
39i3,f339T8
40 *40ii6
94 14 99498
94%a.94''9
i S2
Prime Imnkers' Bteiling bills on London.
Prime commercial
Uoeumeiitary commercial
ParlH (Ir^niK)
Amatirilam
1
--•
(frntlders)......
Frauktort or
Bremen
Dema7id.
Sixty Days.
12.
-
(reicnmarKS)
Ang.
various coins
ingold for
to' Aug.^0
Col ns.— The following are quotations
Silver I48 and ijs. — 99%® —
84 ®$4 88
P.
M.
1887-5
Sovereisns
f4
—93 ® — 95
Five francs
WAIifi STKEET, FRIDAY,
3 8. ® 3 91
Napoleons
have X XReichmarks.. 4 74 ® 4 7^ Mexii-an dollars.. — 754® — 7610
-There
Sitnation.
Financial
and
Do unconmierc'l — 7412® — 76
4 oO
The Money Market
3 96
X Unllder-"
— 7.1 ® — 74
Peruvian sols
interest on a dull
Spau'l) iK.uhioons 15 f>o ®15 70
been a few matters this week to attract some
®15 65 English pUvit... 4 80 ® 4 85
place, the Mex. D 'Ubloon8..15 55
took
bonds
-99%® 100
of
trndertoUais
purcha-e
§.
i4prem.
„
U.
Treasury
market. The first
Hnn cold Imrs ... par w 9716 U. S. sllverrtoUars — 99%a 1 00
Thursday, and the Fine silver Ijar.^... — i'6ie®
assignment' of Ives & Co. was made on
par.
Dimes & 'h dimes. — 99 "a®
on the way to this port
were quite active
cable reports nearly $3,000,000 gold
United States Bonds.— Government bonds
in anticipation of the
up
forced
were
the
France.
4is
and
when
from England
at times
in the Treasury purchases, and the other classes advanced in sympathy.
The call for bond offerings to the Treasury resulted
however, on the announce-
J)eiaware DiTisiou Cbii»1
FliUadeU
la
Co
(ninntl.l y)
Aug/1'5
Aait- I'i.
'31
day $3,950,000
purchase of only $260,000 at 110, but the next
bankers,
more were offered at the same price by New York
but were declined as being too late for this week.
satisfaction
The Ives assignment was hailed with shouts of
appears to be the only
at the Stock Exchange, as it certainly
Hamilway to settle the muddle which involved the Cincinnati
Dayton Railroad, and incidentally a number of bankers
ton
who held loans secured by the various Ives collatMr. Ives' operations have been regarded by stockyear^
brokers as one of the principal clouds on the market this
business.
commission
healthy
a
prevent
to
contributing
Gold again moves this way from Europe, and as we are only
erals.
just
now approaching that
seasoo of the year
when
exports of
cotton and other products are most liberal, it would be strange
next six
there should be any return movement of gold in the
against
the
directly
set
so
has
current
gold
the
Still,
months.
if
trade statistics since last January that
it
is
an interesting
question as to what effect would be produced by any events
which would send back a goodly amount
to our
of railroad securities
home market.
The open market
loans during the
call
rates for
week on
stock and bond collaterals have ranged from 3 to 8 per cent.
To-day the rates were 4@8 percent. Prime commercial paper
quoted
at
6@6i per cent.
England weekly statement on Thursday showed
and the percentage of reserve to
liabilities was 40-54, against 88-18 last week: the discount
The Bank of France
rate remains unchanged at 3 per cent.
lost 27."), 1100 francs in gold and gained 2,000.000 francs in silver.
The New York Clearing House banks in their statement of
August 6 showed a decrease in surplus reserve of $1,208,425,
The Bank
of
a loss in specie of £191, OnO,
the total surplus being $6,922,550, against $8,130,975 the preTious week.
The following table shows the changes from the previous
•week and a comparison with the two preceding years in the
averages of the New York Clearing House banks
1887.
A "gust
Loans and
diac'ts
6.
1886.
Prev. Week.
Augttst 1.
35'<,137.!iOO Inc.
73.97:1.600
Bpeele
THffr'ne's fr'm
1885.
August
8.
84-.700 358.169,100 312.853,700
Dec 1,674.400 6,0m,0((0
ll.'S,IW6,i00
13,400
8,016.700
9. 6.'9.200
35 '.V2 .4011 Dec.2,54 .,31X) 37«,-06.200 38..,828,100
22,754,300 Deo. 170.1 O 37.761.800 43. 5 ",000
Dec. 636,075 94,201,.'i5
96.707.025
S9.809.3'
96,727,900 Dec.l,8l4,50O 102. 4i,i00 158,;i45,500
3<91,TooDc.
Cliruljitlon
Ket d» posits
i
Le^al teiidt-rs
tAgal reserve
B^erve lield
6,922,550 Dbi-.1,2o8.42
Borplus
—
8,647,250
61,63-1,473
Exchani^e. The sterling exchange market has been quite
dull all the week, thou-^h theie was a temporary demand for
short sterling.
Hates have been somewhat unsettled and for
actual business prices have been a trifle lower all the week,
thoU;;h there was no change in the posted rates until to-day,
when they were reduced |c. to 4 82 and 4 84^.
Some
$8,000,000 of gold is reported as on the way to this side
from England and France, and it is said that more will follow
soon, if our exchange rates keep down .so low.
To-day the rates on actual bus- ness were as follows, viz.
Bankers' 60 days' sterling, 4 81J@4 81i; demand, 4 83|
84.
Cables, 4 84@4 84J.
Commercial bills were 4 79Jm
4 79i; Continental bills were: Francs, 5 24J@5 25 and 5 21
21}; rcichmarks, 94i(©»4| and 94J(a(9^|; guilders, 394®
89} and 40<n.40i.
The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day : Savannah, buying
04
©5
again somewhat,
ranging from 110 to 111.
follows:
closing prices at the N. Y. Board have been as
at prices
The
Interest, A.np.
PerW'is
&
in this city
is
way
Prices gave
accepted
ment that only the small sum of $260,000 had been
The offers amounted to over $o,00U,000
the price being 110.
rcg Q.-Mar.
coup.ly.-Mar.
4148.1891
4189. 18til
ri'g.iQ-Jan.
4s, 1907
coup.|Q.-Jan.
4s, 1907
J
6', cur"c.»,'95....re^- J.
J68. cur"ey,'9'i....rekr \J.
Jreg.i.T.
68, curVy,'97
J
68, cui'cy,'98....reg. J.
—
tis.
reg.lJ.
eHr'cv.'99
*
*
4
&
&
J.
6
Aug.
Ah(7.
Aug.
Aug.
8.
9
10.
11.
109
109 14 109
109'^ *109''b llOSs'llO^e 110
I27''i8*12';»8 1 '8
i*1277e 12 7'8
12758I*127S» 128i8'M2778 1 27 '9
'1221s
*i22i9]n2 59 '12.; 78*123
125
l.'4:>e*1245e •12478:*12.-)
128
1^7'«|*li758 •127''9M28
•lU
131
*13'll3l*l3058*130'8
108 1? *10S%
•132
Aug.
12.
lOS'g
1
110
1271a
12758
'122i<
12li«
'1271*
•131
I«l32i4l*132%' 1321* •13iia '132
was mide.
Tins is the pri(« bid at the morning board; no sale
have been almost
bonds
State
Bonds.—
Railroad
and
State
being
entirely neglected at the Board, the few transactions
without any significance or importance.
The railroad bond market has been very dull, and devoid of
any feature of interest. No special activity has been noticed
to make the
in anv particular class and nothing has occurred
Prices have been a trifle
week's business of any interest.
thouah
irregular at times, in sympathy with the stock market,
have been
the prevailing tone has been firm and fluctuations
Some of the bonds which declined last week have
slight.
been gradually recovering, though there has been no conspic-
uous strength.
Railroad and Miscellaneous Stocks.— The stock market
has been rather dull and quite unsettled and irregular durin" the past week. Several things have served to keep the
market in an unsettled condition, and there has been nothing
Business is
in particular to force an improvement in prices.
largely confined to room traders and local speculators, and the
bear interest is still active and ready to take advantage of any
occurrence to press down the market one or two points or raore.
The selling has not been so general as last week and business
has been of much less volume; prices also have been on a
higher range, though ruling barely steady atthe improvement.
Legitimate influences are still in a favorable condition, but there
to buy
is a continued indisposition on the part of large operators
stocks, and business on some days has been quite lifelesss.
Considerable interest was manifested in the Treasury purchases
bonds, and in the early part of the week it was said that the
market was waiting to see the result. The announcement
amount as $260,
so
small an
of the acceptance of
was somewhat
offered
over
of
$5,000,000
000 out
disappointing, though there is no reason why this should
be much of a factor in the stock market at the present moment
when money is abundant enough for all the requirements.
The affairs of Ives & Co. in connection with the Cincinnati
Hamilton & Dayton have also absorbed much attention and
had more or less effect on prices, and this baneful influence
was terminated (fortunately for Stock Exchange business) by
the annou cement of the firm's suspension and assignment late
on Thursday afternoon.
The grangers have been adversely affected by the reports of
severe drought in the "West, and have been rather weak. Some
t"lk has been heard of the settlement of the cable rate differ
ences, though there was nothing to justify this beyond the
simultaneous appearance in this city of Messrs. Mackay and
Gould, and nothing has been done so far as reported. Western
Union was somewhat affected, however, and fluctuated in
accordance with the varying rumors. There have been few
other special features, though the affairs of Northern Pacific
have attracted .some attention in view of the expetted contest
and
for control, and the advertisement of Messrs. Elijah Smith
The prices of the common and
others calling for proxies.
not
preferred stocks have been weak and unsettled, though
.of
I
sijecially active.
....
AUCTDST
1
..
THE CHRONIOLE.
18b7.]
18,
STOCKS-PRICES AT
N. Y.
STOCK EXOHANOB FOB ITEBK ENDINtt
205
AUGUST
19,
HIGHEST AND IiOWSBT PBIOKS.
STOCKS.
Satniday,
Aug. «.
Monday,
Aug.
Tnenday,
Aug. 0.
8.
AND 8INCB
tfSlfM
JAM.
1887.
I,
aange sUioe Jan.
1,
of the
WadiMsdar, Tharsdar,
Aug. 11.
ng. 10.
FrliUy,
W««k,
Aug. 12,
Bhara*
Lowett.
1687.
BIglMMt
Active Hit, Stucka.
*
Atlaiitlf
PaolHo
12>9
5li%
,
Pavltto
CuiiHilH Sotithoru
Oeulritl of New Jersejr
CnDli'ul I'licltto
Oiiiiiwlluii
OliHDUixiake
54>fl
f6!«i
7S»«
& Ohio
a?
37
12
12
9
141
7>s
1)0
Istprpf
Do
2cl iii-ef
•7
12ie
1214
56
S4
74
5U
U's
12'«
•55
53 >4
74%
aHH 36S
'!i\
lit
11>8 IHe
*6
•10
*7
!
pref.
OhJoaico St. Paul MIn.
I
.
48% 4»
43
SA^g
OS
05
75
54
43
42
47>3 48>a
47
IIII4 lll'« 110
42
48 >a
110
140% 140%
8l>9
pref
'Jd
Braniiville
& Terre
Haute
45%
Paul.
*45is
-III3
pref.
•20
24
nUnoiv Central
Ind. Bloom. & Wi-At., ass. pd..
KlUKSliin .c Feuibruke
Liake Krie Jt Western
124
20
•3714
124
20
38
54
Lake Sliore A Mioh. Southern.
LoDK iMlantt
54
9414
LoiilKViile <& Nitshvillp
62
94%
62%
& DeuverlMty ...
Fort Worth
Qreen Bay Wlnoua
&. St.
Uo
Do
do
pref.
New
Alb. A Chicago..
Mauhtttian Eli-va'ed.coasol.
LuulH.
& West
Lake Shore
Do
Do
A
St.
Louis
pref.
Wssouri Kansas
A Texas
18%
19
521s
53
93%
93
114
125%
•16
18
42% 431s
47% 48%
04% 04%
Do
Do
8t.
A San
Paul
Do
.t
*26is
27
29
Sola
27^8
61
Ogdensb'g •85
Francisco.
& Duluth
..
3Bl2
7o
pref...
Ist pref *ll2ia
78
103
Manitoba 115
pref
BLPaui Minneap. A
Texas A Pacihc, ass.
iiaid
Union Pacillc
Wab. Bt. L. A P.,P. Com. repts
Do
pref
A Lake Erie
iniHcellaueouM Stocks,
Wheeling
A Iron
Consolidated Oas Co
Delaware A Hudsoii Canal..
Coliiruiio Coal
Oregon Improvement Co
Oregon Railways Nav. Co..
17=8
30%
4il2
27%
2914
561s
6Jia
88
381a
781a
19
SOig
42%
84
110
39%
*96
145
7313
Kxpreas Stock*.
Adamn
95>4
4UI4
100
145
741a
American
United Stat«s
Wells, Fargo A Co
45%
91*
18
11
Xl21
24
121
35
36
17%
321a
3012
6714
4418
4814
18
44
95
129% 130%
•27
28
61
61 >4
11% 12
60% 61
23% 23%
•45
10
45%
10
18% 18%
52% 52%
93% 94%
96
61% 62% 61% 62%
49
48% 48
111 111%
112% 111 111
53
02% 54
84
85
85% 83% 86%
85
84
84% 84% •82
108
15
16%
108
107
15
13
•35
35% 36
27
27%
98% 100
33 <4
2«78
98%
14
80
80
80
10778 108
H<8 108
•17
18
17% 17%
•30
32% 30
32%
30
30% 30% 3078
78
103
114
26%
98%
107
15
36
27
9?
•12% 14%
80
80
108% UI814
17% 17%
•30
32%
30% 30%
17
20-'8
114
78
114
78
76
36%
6%
N. Y. Aii l.,ine, pref.
BuHalo RocLi. A Pittsburg
Central Iowa
*\
Chicago
A
Ind. Coal
K'way
59
61a
39
61s
42%l
74%l
43
100
•113
17% 1 %
29% 30%
39
40%
3OI4
4178
14
7
140
73% 74%
Do
pref
Ham. & Uaytoii ..
Cinolu. Ind. ti<. Louis A I'hio
Otnclnnati Wash. A Baltimore.
Do
liret.
Marquette Houghton
Uo
4 On.
.
pref.
Mexican
<
'entral
Qulokoll ver Miuing
Do
Co
101%
44%
93%
26% 26%
26% 2/%
28% 28%
65
55%
28% 29%
62
65
100
Amer. Cotto
'
5
*6i3
714
10S%109
•66
98
59
7
08
59
7
h7% 87%
"38
40
74% 74%
4,825
6,549
3,806
131
67
131
76
1
41% 42
75
75%
75
76
101% 101% 101%
44% 44%
94% 94% 95
93
39% 40
39% 40%
100
99% 99%
101% 101
100
,
7378
149
108
74%
128
110
69
132
100
100
Oil
73% 74
•149
>108
'67
'129
73% 74%
40
79
9078
15
14-'8
1473
15
•8I4
6%
3%
•27
29
•38
40
3%
•38
41
c
Oil Trunt
•• «,ot..o
83
100
80
•43
•85
50
•4
88
88
26
34
Aug.
Pen.
25% July
Aug.
Feb.
Jan.
Feb.
76
5
4
7%
•6%
J3
•37
'
16% 17
40
31% 31%
32% 33
33
33% 34%
33
34
33% 35
5-I1
.^7%
.iOlfl
Is ted.)
Xhese are the priues bid and askeu; uo saie was uiade at the Board,
5il7«
76
7%
90
•6%
76
5
7
21
90
15
6
27
15
15
27
•5%
6%
•26% 28%
•37
40
•38
40
15
6
300
1.285
Feb.
1
Aug.
Aug.
2
1
31
32% 33%
33% 33%
3379 34%
58% .IMl.
1
31
33% 33%
50
•33
34
5'>3,
Ex-ilgfats.
50
34
34%
60%
27
23
18
6
18
Apr. 18
53% May 19
89 May 10
105%
Apr. 18
Feb. 1 54% May 31
89% Aug. 3 105% May 10
37% Aug. 2 5..»% Apr. 7
6,125!
100| 95
June 28 1 15 Feb. 8
45 139% Jan. 4 139% May 33
67% June 24 70 June 7
72,3051
62
•4
21
•14% 15%
•5% 6%
May
35% M .y
63% Vlar
22% May
38% May
1207e
72
09
38
13 126%
1.0
60
•33% 34
57^1
111% May 23
35%
131
21
50
33
33% 34
1
13% Feb.
3,770 23% Feb.
2,900 37% Aug. 13 63%
29107
76
32% Apr.
35% Apr.
39% May
58% July
4
7
25
1
6
30 53 Jan. 17
1 87% Jan. 17
8, 95
Jan. 17
27 44% May 26
2 84% May 26
120 June 3
!<5
June 20
1
1
....130% Jan.
50
90
50
•29
35
51
34% 34%
33% 34%
57% fi77^
45
6%
31% 31%
33
50
43
85
100
80
21
•3%
22% Feu.
23% Aug.
110
70
59
59
•6%
90%
6
10
57
126 80
600 30
915 61%
252 111
41% 43
,
144
70
132
21
"90% 90%
32,827
833
41% 42%
,•
73% 74%
74%,
111
40
79
90
8,390
1,735
3,.<50
7478
10078
13
10
13
Apr 13
Jan. 8
Jan. 18
86>4 Apr
4%
17% 17%
30% 30%
37% 40%
94% 91%
39% 4 %
39;^
96
'Oe
149
108
•66
128
Ark. ATe.xaa
Southern Pacifli- Co
Columiiuo A Hocking Coal
New York A Peiry Coal
Tennessee Coal A Iron
Various Stocks, ice. (Unl
PIlM' Line
80
•4
pref..
Klohmond A Alleghany
Bl Louis Alt. <s Terre Haute..
Bt. L<iuls
80
31
1
17% 18% 17% 17%
30% 31%i *30% 31
40% 40% 40
40
147%
147% 147%:
.
Cincinnati
06i«Jaii.
83 Feb,
3 43%
Aug. 4
9%
July 27| 17
7
2(1 ,7
Aug. 12| 11% Jan. 90
140
781 136^8 Jan. 13ll56 May 17
81% 82% 180.'.!77i 78% Aug. 11 95 May 18
"" 120
.../.
120
106 117 July 30127% Mar 17
114% 11478 60,726 109 Jidy 30127% Juns 7
144 147
11013H%Jan. 2»|l.53%Jun« 7
126 126
1,84^ 124% .Mar. 18 1407, May 17
•10
17%
600 15 Aug. ll 22 Apr. 23
•41% 42%
5.0 35 Jan. 37 52% Apr, 33
4H
48% 14,110 44% Aug. 2! 51% May 17
110% 111
285 106 Feb. 1118% June 7
54
64
1,400 51 Jiilv 30 6«
Apr. 11
1,095 23% July 30 .39% Jan. 11
13> 131
00,623 l'>6 July 30 139% June 1
•26% 28
110 2178 Feb. 31 32% Apr. 14
6u% 60% 1,530; 56% Jan. 24 68% lune 4
11% 11% 3,503 10% Aug. 1 17 Jan. 3
60
807g
935 57% Aug. 1| 82%Jan. 13
23% 23% 1,450 20%Jnly30 32 Jan. 3
83 Aug. 1 100 Apr.
Ajpr.
9
•45
45%
600 21% Fell. 4 62% May
Afay 7
10
10% 1,400 9% Aug. 2 17 Apr. 7
26% May 26 28 May 31
110 119
380 11119 Aug. 1 138 May 28
20O1 16% Aug. 1 27% Apr. 1
35% 36
900 34%Aiig. It 47%Aiir. 21
liXM) 17% July 30 24% .May 16
18% 19
3,900 61 July 30 61
52% 53
Apr. 29
0378 94% 39,195 8978 Aug. 1 9.4% June 30
398 93 Jan. 15 99% May 14
6178 62% 25,650 57 Feb. 3 70% Apr. 14
49% 49% 1,000 42 Aug. 3 67% June 1
109 111
1,911 109 Aug. 12 1617, Apr. 20
51
57
3,736 50 Ju.y 27 64% Apr. 5
-84% 86% 3,855 80 Aug. 1 95% May 19
•82
85
1,115 e6%Jaii: 6 94% May 13
425 98 Jan. 4 .119 May 18
106 106
-14
15
250 13% Aug. 11 20% Aiir. 3
•35
36
1,10
24% July 30 4-<% May 31
26% 27
7,625 24% July 30 34% Apr. 9
98% 99
20,13b 92 June 24 112 May 19
•13
14
12 Jidy 20 19% Jan. 8
80
80% i",lo6 76% July 141 88% Jan. 3
3,7ti8 105% Ang. 1114% May 19
108% 109
17% 17%
820 16% Aug. 2 20% May 16
31
31
100 27 Mar. 12 37% May 18
3u% 30% 19,690 2778 Aug. 1 35% Apr 12
1,700 64 Aug.
1 76
May 23
44%
104,778 40 July 30 66 Mar. 20
16% 16%
433 15% Feb. 4 20% Jan. 3
200
10
10%
9% Aug. 1 14 Feb. 14
30% 32
700 29 July 7 38% Feb. 14
'17
180 15 June 24 23% Jan. 3
18%
43% 44
4,302 40 Aug. 1 5579 Hay 16
29% 29% 16,1195 26% Feb. 1 34% July 18
55% 5.^% 17,961 54% Aug. 9 63% .tlay 10
6%
10%
inactive Storks.
Boston
425
350
230
lAVtJuosia
1
04% .Inly 30 HHMJiut.
July 30 Ai% M»y
40
'
41%
75% 72%
101% 100%
45
45
44%
94% 95
93%
39% 40% 39%
90
l,8tt
10.270
7,040
114% 114 114
114 111
Aug.
78% 79% 78
78
78
78% 2,256 55% Jan.
103 10.
128 99 Aug.
114% 114% 113 113
112% 112% 113 113%
1,328 110% Aug.
2a %
2;% 28%' 27% 28% 27% 27% 2778 •,i8% 7,833 20 Feb.
5714
54% 55 7e 5478 5l>% 55% 55% 55% 56% 35,030 517s Aug.
114
80
104
114
27%
55%
17% 17%
41%
626 lOTiFsb,
12
0)1%
05%
1
^3
03%
24% 24%
61%
110
I
94-%
25
45
48
69
66% 67% 68
69% 69
42% 44I4' 44% 45% 43% 44%
16% 1. %! 16% 16% •16% 17
I0i8 10
10% •10
10%
10% •10
32
30% 30% 31% 31% •31
18% •17
18% •17
18% 17% 17%
44
43
44
43% 43% 44% 44
SO'b
28% 29%' 29% 30% 29% 2978
58
54% 56% 55% 50% 56% 56%
26
2t>
23% 26%] 2 % 2r,78
2Hia 27%
26
26% 26% 27% 27
27
281a
28% 28%! 28% 28% 28% 28%
5618
55
5478 ,55%
54% 53% 55% 56
27% 28% 27% 2814 27^8 28% 28
2o%
'63
63% 63% •60
63
65
62
64
8'/% 87%
•86
•86
88
88
3814 38I4
38
38% 38% 38
3?%
74% 74%
75
74% 74^8 74% 74%
Hi's 114
103
115
841s
l>.8i4 lOS's
43 13 431a 42%
75
751a 751a
lOlia lOl's 101
Pulliuau Palace tar
Western Uniou Telegraph
271a
28% 2»'8
""
56I3 571a
Pacific Mail
Phllailelphia Co., Nat. Gas...
Co
112
52
84
84
107
36
85 14
36
26 '8 2714 26%
98 >a 99% 9714
•13
•13
14
'80
80
.
Louis
112
53
361s
271s
<fc
62
125%
48
36
,
St.
601a
*14% 13% •ID
i:ia
laO'a
271s
61
12
125
•16
•42
I914
96 14
94
84
110
Do
pref a>sented. •SOH 321a 30
Hew York Lake Brie A Wesfn 30% 3078 30
67I2 67 13
66ia
Do
pref.
New York A New England... 43% 44% 42 '8
New Yc.rk Ontario West
17
17
*iti
•10
New York Susq. A Western.
lOia
10
Do
31% 31%
pref.
•17
•17
Norfolk A Western
18
Do
44
44
prof.
431a
Northern PaclHo
29
30% 32
.>8
Do
58% 5dia
pref.
Kome Watertown
95
-t'Jia
15
Nanhv.ChuttauooeaASt. Louis
Y<irli Cemral iS Hudsi
109 109
I7I4 I?!*
Y. Chicik St. L., a««eiit'd
Ohio & Mississippi
Oregon A rranii-Cuntinental.
941s
85
New
New
124
25
18% 18% •18% 19%
52
52% 53%
93 19 »3'8 93% 94%
15
26%
Peoria Decatur & hvausvlUe.
Philadelphia <fc Heading
Blohni'djiWestP'nt Termin al
Do
pref
19i«
9
139>s 1391a
SO'g 81 'a
ll'ig 113% 114%
147
145'e 145
l',.5%
511a
61% 62
84I4
4Sie
11
1'.'4
841a
•12% 14
Mobile* Ohio
37
86I9
9Mi8 100
Ml™.ouri Pailtlo
36 '8
85%
pref.
HlnKeapolls
1231s 1231s
IIJI4II314 112
53
53
53
Mieltl>;aii Ceutrttl
Mil.
121s
491s
A Charleston
MeulpJli^.
4518
11
541a
82%
180% 120%
140''8
25 >4
24% 2518 24% 25'4 35
ISO's 13 lis 129T8 ISO's 1291a 13u% 130
2Hi8t
'28I4
28%
27
27
•26% -il
60 Ja 6014 6OI4 •60 14
60 14 60% 60
12T8
1278
13
12.tt 12%
12
13
*5U
61
61
62
62
•591a 60
241s 241s
241s 241s
24
541a
10
•7
'lll>a 112
fi5
«%
10
•7
Ooluiiilmn Hoi'kiiig Val.ATol
I>elau art- Liickaw auuii &W'e8'
Denver <]£ Kio U., asHesHui't pd
Do
pref.
Bast Tonneesee Va. A Oa. K'y.
Do
l8t pref.
55
25 le
12% 12
05% •65%
04%
75%
36%
•8
a
14
Do
pref
OlevelandCoI.CIn.A Initliiuap
Uo
I
A Oiii
4:<i4
43
•12
05
04ie
744*
*10
•7
10
141 141
OhtcaKo UurUiiKton A Qiiiuxy. 141
139 1.SU
81>4
82>4
8t.I'aul.
8l1l
H3>8
OUlvuKo Mllwuuke« ib
80^ Bin,
121
121
12014 120^
Uo
llFBl
l<f>3g
1IGV(
114»8ll5%!
ObloaKo A Northwestern
IKtifl 1141s
148
145 145 *14ft 147
Uo
pref. '145
ObloaKo Rook [nianil APauttlr. 127>« 127"8 1261a 12UI3 I2518 12c
ChicaitoHt. LiOumdiPlttsliiirtt.
]U>s Ib^a
Uo
12H
*ia
04 •
74>s 76
86% S6% •3-.% 87
54
73>9 74 ig
5.^
62
300
332
200
100
800
616
98
153
Aug.
5
Jan.
118% May 14
Feb. 17 73% May 24
Jan. 25:137 June 6
Aug.
1
102
Feb. 14
33%Jau. 19 74% Apr.
5% Aug.
3
6
15% Jan. 10
Aug. 9 6778 Apr. 10
Aug. 1 00% May 18
Aug. 8 15 > Jan. 11
Aug. 11 104 Feb. 19
4% .Mar. k3| 7 Jan. 13
7 July Oi 10% Jan. 14
20 June 18 30% May 27
400 88 July 21 100% .tlay 27
360 13% Ang. 2 22 Apr.
20<l
6 Apr. 22
8% Jan. 10
100 37 Aag.lt 35 May 14
400
2% June 29 11% Feb. 18
30 Jan. 8 45% June 6
300 15% Aug. 2 25 Feb. 13
800 20% Mar. 5 36% Jan. 10
800 29% July 30 do Apr. 27
1149 July 131 727, Apr.
900 30% July 12 04% Jan. 14
11,462
43
85
40
76
July 26
Jn T 2-1
64% Jan.
7->i. t»n.
3
n
/.
?
.
TBE CHRONICLE.
206
BONDS-LATEST PRICES OP ACTIYE BONDS AT
N. T.
Ravge since Jan.
OloMing.
Bailroad Bonds.
Aug.l2\Aug. 5
STQCR EXCHANGE. AND BAXGE SINCE JAN.
Sailroad Bonds.
10oi4b, 10fl4b. IO5I4 Jan.
Lk.Sh. A, W.— Ist, 68, 1921.
Michigan Div.— Ist, 6s, 1924,. 116
108% June
1
88%
88
8814
eal.Har.A San.Ant.-ltt, Us, '10
2d M., 78, 1905
West. DivWon— iBt, 5s, 1931
2d,(8,1931
Qr'nB. W. ASt.P.- lst,6s, 1911
2d Income 88, 1911
39
Golf Col.i Snn.Fe- l8t,7a, 1909 121''e
101 12b
Gold, 6a, 1923
HenderfOuBr.Co.— lst.68, 1931 lOSifib
iBt M. L. 78..
H. & Tex.
11414b
iBt, West. IJ., 7b, 1891
II314I.'.
C—
let,\Vaco&N.7s,19()3....
2d, cousol. M. L. 88, 1912.
Gen. mort. 6b, 11)21
I1312I1
lOGiga
72 a
Ind.Bl. <feW.-lst,pref., 78,1900 120
1909
1909
EaHieru Divic ion— 6s, 1921
Income, 6s, 1921
Int. & Gt.Nor.— 1st, 6B,gold,'lS'
Coupon, 6s, 1909
Kent. Ceutr.— Stamped 4s, 1911
Knoxv. &0.— 1st, 6s. gold, 1925
l«keSh.- Con.coup.,l8t, 78,1900
Con. coup., 2d, 7n, 1903..
I<ong Island— Ibt, 78, 1898.
iBt, COUBol., 58, 1931
Ion. <fe Nash.— Consol., 78, 1898
». O. & Mobile— Ist, 6s, 1930
2d, 68,1930
E. H. & N.— iBt, 6s, 1919....
General, 68, 1930
Trust Bonds, 6», 1922. ..
10-40,68, 1924
let, 5-68,
2d, 5-68,
90
75
b
b
b
93%
100
b.
May
98% May
109% Mar.
Feb.
9514
Aug.
85
106
105
Feb.
June 111
93% June 100%
92% Jan. 9214
Jan.
Jan.
Feb.
99
36
May
May
Jan,
109
53
4058
Au.!,'.
USiab. 120% Jan.
101
100 Aug.
108iab. 106% Mar.
115
112% Jan.
112% 108 IHar.
113 Feb.
106i.b. 94
Feb.
76 a. 66 14 Feb.
120 b. 119% Jan.
iiO b.
91% Jan.
75
76
91
26ifl
24
24
114 a. 115 a 112
91
90%
90
64
"94"
'a "88 "b 93
124 b. 123 b. 124
'j.
125% June
106% Juno
110
11934 iMaf
Ai'g.
May
89% June
Jan.
98%Miiy
99
122%
Aug. 3478 Apr.
Aug. 122 M.ir.
Aug. 98 Feb.
Jan.
78 July
Aug. 100 Jau.
Aug, 129 Juiio
b.
121
12088 May 124
b 112% July 115
113
119
109
120
109
97
112
110
108
126% May
Jan.
Mar.
Feb.
Feb.
b 118
121%
b.
II314 June
99% M.iy
117^8 May
Apr.
a 105 Jan.
OO^e Jan.
11014b. 112
July
109
107 Jan.
107%b. 104% Jan.
98 Jan.
I<on. N. A. & c;h.-lst, 68, 1910.
112
109 Jan.
CouBol., gold, fc'B, 1916
93
93 Apr.
Uem. <t Ch'lston— 68, gold, 1924 10313a
101 Jan.
Metro. Klevated.— 1st, 68, la08 H7i4a. H7i4a. 116 July
2d, 68, 1899
IO8I2I). 108%a.
107'e July
Mexican Cent.— New ass. 4g
51 Feb.
22"" 69
Incomes. 3s, 11)11
2014b. 20
Mich. Central— Ifit, con., 7s, 'O'i 127 b. 127 %b. 1^7 July
May
Misa'ri Pac— 1st, cons., 6s,1920 11414b limb.
I414 Aug.
8d,7«, lt)06
124 a
-21
Juue
Pao. of Mo.— iBt, 6s, 1888...
lOOSgb 10t%b. IOOI4 Aug.
2d mort., 7b, 18»1
105% July
97
May
7934 May
124'4 Feb.
12314b. 123
l>.
Feb.
119% May
119%May
112
114% May
109
103
May
Apr.
115% May
99
107
June
May
120% May
113
Apr.
75% June
27% Jiiuu
,
131
119
126
105
Apr.
Apr.
Apr.
Jan.
110%
.iune
Imp.
&
7s, 1927....
Equip.— 68, 1922
Mo K.&Tex.— Con.,
.
Funded couiion, 58, 1969. ..
W. *Deiiv.C. -1st, 68, 1921
a.
Mmn. & .St. L.— Ist,
100 b. 100 b. 83^8 Jan. 105 June
98I3
9738 Aug. 100 June
112 a. 115 a. 110 Jan. 116 Feb.
103 a. 104 a. 99 Jan. 100% Blay
llDSsb. 113% Feb. 118% Mar.
11538
111% Feb. 116 June
116 b. lie
103%b. 103 V". 100 July 105 Mar.
112 b. 112 b. 112 Mar. 115 June
SI Jan.
71 May
75 b.
75I4 Jan.
71 b. 69 b. 68 May
21i6b. 25 11. 22% July
32 Jan.
..-— 95 a. 90 b, 95 Aug. 100 Frb.
Mort. 6p, 1911
June
103
a.
101
Feb.
108%
Chee. O. &8o. W.— 5-68, 1911 •- 105 b.
b, 104% Jan.
107% Mar.
Cblc.Bur. & Nor.- 1st, .'.8, 1926. 105 b. lOS
105Jfl
Aug.
108%
Apr.
105%
Caic. Burl. & Q.— Deb. 5b, 1913. 106 a.
97 June 09 .Ian.
Denver Divls., 4s, 1922. ....
'36
Jan.
June
98%
103%
100 a
Chic. <& Ind. toal K., Ist, 58,
117%'li. 118% July 12J%.lan.
Cli.Mll.A M.P— 1st, I. Jt W.78, '9 117»al).
— 127iab. 127 isb. 127% July 130% June
Cou801.7p, 1905
115 Feb. 119% June
116
a.
68,1910....
DiT.—
Mln.
let, So.
ioi"" 103 July log Jan.
let, Clii. & rac.W.Dlv— 58, '21 loi
103 b. 103 July
08 Mav
W)8.<kMin. Div.-5s, 1921....
102 lab. 103 b. 101% July 105% May
Terminal 58, 1914
13.-Sib.
May
142
Jan.
138%
1915
Cousol.
7b,
W.—
&
N.
cue.
June 133 Jan.
I'i9 a. i2iJijb. 128
Gold, 78, 1902
120 a. 117 May 120 Jan.
BinkinK fund (18,1929
10914b. 108
Jan. 110% Mar.
Binklng fuuil Ss, 1929
109 a. 103 14 Jan. IIOI4 Mar.
Sinking fund debent. 5s, 1933
105
July IO914 Apr.
103
103
26-j ear debeut. 58, 1909
131iab. 130 Jan. 135
Jan.
Chi. K. I. it Pac— 68, coup. 1917. 132
ifl
108
July 110% Feb.
107
lu8
Exten.&iol. 5b, 1934
118% Aug. 124''8 May
Ch. 8t.P..M.& O.— Consol. 6b. '30
123 July 127% Ji.n.
St. Paul & S. C.-l6t, Gs, 1919 124 b
£5 b 98% Jan. 102 Feb.
Ch.St.L.& Pitts.— l6t,con..'i8, '32
107 Jan. 111% May
C. C. O. it Ind.— Gen. 68, 1934 .. 111
100 a. 98 Aug. 104% June
98
Col. Coal <fe Iron— Ist, 6s, 1900.
'31
73
70 Aug. 88'8 Jan.
73
Col. H. Val. & I'ol.— Con. 58,
70 Mar. 91 Jan.
Gen. gold, 68, 1004
12014
Feb. 121% June
DenverA Rio Gr.— Ist, 78, 1900 120 b. 78I3 118%
76I4 Feb.
7912b.
82% June
l8tcoii.4s, 1936
74
74 Aug. 82 Apr.
74 b.
Den. & K. Gr. W.- Ist, 68, 1911
68 Aug. 78 Jan.
69 b. 71
ABBeuted
86% June
Den. So. Pk. & Pac— 1st, 7s, '05 80 a, 81 a. 68 Apr.
45
44% Aug. 56 May
Det.Mac.&M.— Ld.gr.3is8,1911 46
97 12
97 Aug. 10133 Apr.
£.Ten.V.<fe G. Ry.— t'on..58, '56 97%
99 Aug. 108 Jan.
EUz. Lex. & B. Sandy— 6s, 1902. 100 a, 99
Erie- iBt. consul, gold, 78, 1920 133isb 133 b. 132% Mar. 137 June
Iiaia
11234 Juno 115 Mar.
Long Dock, 78, 1893
1:7 b, 117 'sb 115 Jan. 120 Mar.
Con. 68,1935
99
K.Y.L.E.iW- 2dcon. 6e, 1969 99%
93% Feb. 1047eAIay
Ft.
Aug. 12 Aug, 5
Mil.
48,
a.
a.
b.
82 %b. 8214
110
109
114 b. H3%b.
106 b.
Mobile & Ohio— New, 68, 1927 ..
l8t. Extension, 68, 1927
"48'"b.
Istpref. debenturea, 7a
Mutual Un. Tele.— S. f., 68, 1911 84 b,
Nash. Ch. &, St. L.— l8t, 7s, 1913 1'29 a.
N.Y. Central— Extend., 58, 1893 105 a
N.Y.C. &H.-lst, cp., 78, 1903] I32%b.
110%a.
Debenture, 5s, 1904
130%b.
N.Y.<feH8r.— Ist, 78, 1900
N.Y.Ohic&St.L.- Ist, 68, 1921.. 97 L).
92 U
2d morr., (is, 1923
67 b.
N.Y. Citv&No.— Gen., 68, 1910
N.Y. Elevated— Ist. 7s, 1906.... 118%
125
b.
N. Y. Lack. & W.— lat, fis, 1921.
'
.
45
b.
8438
1'.9
104
132
110
130
a.
b.
b.
b.
97I4
91 %b.
70
117%b.
ibo"'"
i08%"' 10914a.
91""'
'9o%b.
113 a.
79 %b 80%
llSigb
105%
115%
105%
Feb.
1.
122
Jam 121
Apr.
May
Aug. 13.1 Jan.
AWK.
90 Jan.
July 102% Apr.
81% Aug. 8934 Apr.
109 Aug. 113% Jan.
108"8 Feb. 114 Apr.
104 May 107% Aug.
47 Aug. 60% Miir.
33 Aug.
89 Mar.
127 July 131 Apr.
104 V, Jau. 111714 Apr
13278 Aug. 137
May
'.06
Mar. n0!% June
128% May 133% Apr.
85 Jan. 101% May
70 Jau.
99 May
65 % Jan.
HO Apr.
117 July 123 Jan.
125% Jan. 128% Apr.
107 Feb. 110 Jan.
107 Jan. no's Feb.
69 Feb.
77 Apr.
90% Aug. 96% May
110 Apr. 115% May
75%
86% May
I'cb.
lU^'s July 118% Apr.
103 'a Jan. 107% Mar.
106% Jan.
i'o2"a. io3"iV 100
116
1387.
Highest.
Lovjest.
118
114
130
84 a 81
05
93
94
68,1920...
Consol., 58, 1920
Consol., 7s. 1904-5-6
Construction, 5?, 1923
N. Y. Ont. * W.— Ist. 6s. 1914..
N.Y'.Sua.&W.- Deb.,68.'97,cp.on
1st refundins, 5s, 1937
Midland of N. J.— Ist, 6a. 1910
N. O. Paciac— lat, 6e, 1920
North.Pacltlc— l8t,coup.,63, '21
Gen'I, 2d, coup., 1983
James R. Val. -Ist. 6a, 1936..
N. PacTer.Co.— Ist, 6s, ly33...
Ohio & Miss.— Consol., 7s, 1898.
2d, consol., 78. 1911
Springlicld Div.— 7s, 1905
119
116
130
1.
Range since Jan.
Closing.
1.
4 Pac—W.
Adjust. 78, 19i'3
Convert, deb. 6s, 1908
Interim bond certiflcatw
Le'b & W.B..con.78, iy09,as'nt
Am. Dock & Imp., 58, 1921. ..
Central Pacific— gold 68. 1898..
San Joaquin Br. (is, 1900
Land Kiantus. 18;iO
'98
dies. & O.— Pur. ni. fund 68,
68. gold, Ber. B, 1908, coup, ofl
1986
Exten. coup., 4s,
6b, currency, 1918
\VOL. XLV,
Bighest.
Lowest.
3838 June
2519 Feb.
32 Hi
D. Inc., 6b, 1910 32%
82i« July
90 Jan.
8313
1937
Guar.,
r-'-iana
June
109
104^b.
Feb.
104%
IO514
190S
CteD. South.— 1st guar., 58,
92T8
95% Jan.
901a Mar.
2d, 5b, 1913
May
94
Aug.
b.
b.
84
84
S5
ofl
ooiip.
7s.''99,
Oen.'lowa— Isti
Jan.
104i%b. 10468b. 10453 Aug 110
"
"8, 18UU
78
Central of N. J.— 1st,
June
119
113
b.
Jan.
b,
107%
113
Coiicol.78, 1899.aB8ent...
June
118%
113 b. 112 b. 109 Jan.
Convert. 7e, 1902, asBent..
Atl.
I
«.
i'li""
115
114
1
1
1
July 123
July 119
100 Jan.
Oliii>Southern— Ist, 6a, 1921. .. i02"b. 102 a. 102 Feb.
40 a. 3j%b. 35 July
2d,inc, 68, 1921
96
9 1 •'8 Mar.
Oregon Impr. Co.— 1st, 6a, 1910 96
108 Jan.
Ore. R.&Nav.Co.— Ist, Gs, 1909 110 b. 110
101 a. 1(0 b lOOis Ji'iie
Consol., 5-, 1925
99 a. 98 June
Oregon & Tranaoim.- 68, 1922.. 100
110 Mar.
Peo. Dec. & Evan.'.— 1st, 68. '20. 109 b. 113%
Evansv.Div 1st, ds. 1920... 110 a. 110 a. 108 Mar.
62 Aw.'.
Rich & All.— 1st, 7s, 1920. tr. ror 62 b. 65
110% July
Riehni. & Dan.— Cons., 6s, 1915 112 b. 111%
110 a. 110 a. 106 Feb.
Debenture, 6s, 1927
114 Feb.
Roch. & Pitts.— lat, 6s, 1921...
113%b. il3%b. 108 Jan.
Consol., 6s. 1922
10s%b.
IO8I4 June
RomeW. & Ogd.— Ist, 78, 1891. 162""
10134
10(1% Juno
Consol., extend., 5a, 1922
10138b.
102
99% Aug.
St Jo. AGd.Isl.- Ist, 6s, 1925
64 b. 65 July
2d, income, 58, 1925
114 Jau.
St. L. Alt,& T.H.— Ist, 7s, 1894.
109 a.
110 Feb.
2d, M.,pref.,78, 1894
107 b, 107%b. 105 May
2d., M., Inc., 78, 1894
35 b. 41 b. 35 Jan.
Dividend bda, 6a, 1894
99%
99
98 Aug
St. L. Ark. A Tex.— 1st, 6s, 1936
45 b, 45
44 June
2d, 68, 1936
109
a.
109
.a. lOS
Aug.
St. L. & Ir. Mt.— 1st, 78, 1892...
I13%b. H3%b. 109 May
2d mort., 7s, 1897
93 July
Gen. Ry. &. laud gr., 5s, 1931. 93 b 93
113 b. 113 July
St. L. & San Fr.- 68., CI. A,1906
llo% 113 July
68, Class B, 1908
114 a I13%a 113 July
6s, Class C, 1906
11314b 114 a. 108% Feb.
Gen'I mort., fis, 1931
100%
98% July
Geu'lraort., 58, 1931
100 b 10014b. 100 July
80. Pac, Mo.— 1st, 63, 1888
1 10% Jan.
St. Paul M. & M.— 1st, 78, 1909.
118 Feb.
2d, 6a, 1909
117
116% 1 16 Aug.
lat cons., 68, 1933
9914
98 b, 98 Feb.
reduced to 4%8
Do
>)6
Jan.
Shenandoah Val.- lat, 78, 1909
46%a
37 M ar.
Gen'I mort., 6a, la21
06 b. 96 M.iy
So. Carolina 1st. 68, 1620
69%a
65 May
2d. 68, 1931
1514b
15 Aug.
Inc., 68. 1931
114%li. 110% Feb.
So. Pac, Cal.— lat, (is, 1905-12.. 114
Feb.
So. Pac, Ari.— lat, ts, 1909-10. 11114b 11414b. 110
lor'eb. 103% Jan.
So. Pac, N. M.— 1st. 6s, IHll.
49 Aug.
Tex. * Pac— Inc. At Id gr, 7s. '15 49 %b' 5314
7138a. 71%
64 Feb.
Rio Grande Div.— 6s, 1930
Gen. mort. Atenn., (la, 1905.. 62 b. &9"" 62% Aug.
98%
Tol. A.A, <kN. M.— l.st,6s, 1924.
89 Jan.
a, 106
Jan.
Till. A. A. & Gr.Tr.— 1st, 68. 1921 105
b. 103
105%ii. 108 a. 104
Jan.
Tol. Peor. & West- 1st, 7s, '17
95 Jav.
Tol. & Ohio Cent.— Ist, 58, 1935 93 b. 95%
96%
95 Auj
T.ji.St L& Kan. C— ls-t,6s, 1910
i'l5%b! 115%b 114
Jan.
Union Pacitlo-lat, 68, 1899
103%lj. 103%li. 102
Jan.
Land grant, 7s. 1887-9
115 b. 115 b. 114 July
Smklngfuud, 88.1893
110 b.
110 Aug.
Kan. Paoitlc— lat, 68, 1895
111 b. 110 b. 111% July
lat, 68, 1896
115%b. I15%b. 114 Jan.
Denver Div.— 68. 1899
1919
103%b.
consol.
68,
101
102% May
lat
Oregon 8I1. Line - Ist, 6s, '22.. 99%b. 100
97% Au.g.
Inc.
6s.
1927..
Mid.—
..
95 Apr.
Virginia
"s'ljsa"' r89"a!
80 Juue
Gen'I mort., .'is, 1936
'20
Gen.,
&
Pac6s.
50%
0.
55
49 Jau.
Wal). St.L.
a.
98
Chicago Divison— 58, 1910
89 Feb.
98%
82 b.
Wab.ish- Mortgage, 7s, 1909
84% Mar.
Tol. & Wab.— Isl, ext.. 78, '90 115 b. i'li'b. 110% Jau.
L.Div..
78,
1889
1034b.
lat, St,
106 Jan.
93 b. '97 %b. 99 Jan.
2d, extended, 7s, 1893
83 b. S3 b. 84 Mar.
Con., couv., 7s, 1907
Great West.- Ist, 78, 1888.... 115 b. 114 b. 109 Jau.
98 b. 98 b. 98 Aug.
2d, 78, 1893
St.L.K.C. &N.— R.e&r.,78,'95. 114
112 b. 109 Mar.
We.st Shore— Guar. .48
9y3s
99%
9 8 '8 July
—
.
—
1).
.
.
May
107% June
.luly
Apr.
Jan.
112% Apr.
111% Apr.
50% May
102 'a May
112 May
106 Jan.
104% Apr.
115% Juno
1I12
]
1
77
115
1 14
120
117
Feb.
Apr
Juno
Apr.
Mar.
Apr.
112% May
104% Mar.
1(j8% Apr.
Apr.
75
116
June
1123b Juu9
108 Jan.
43
Jun»
10238 Apr
5514 Jan.
113 Jan.
114% Mar.
99
Jan.
115% Jan.
117
Apr.
II714 Apr.
115
May
101% Juno
104% Jan.
118 Apr.
121 Mar.
I2014 May
101% May
109
55
May
May
107% Jan.
80
Jan.
28% Jan.
115
112
110
July
Apr.
Jun»
66% Feb.
78% May
72
100
Apr.
May
109% Juno
112
9y%
Feb.
Jan.
Jun&
119% Mar.
103% May
9753
120
115
115
May
107%
Jan.
Feb.
Mar.
117% Apr.
Apr.
109
99 Jan.
90 Apr.
60 14 May
104 14 May
97 May
117% May
May
May
May
117% May
May
107
116
108
99
114'4 July
10438 Juno
STATK BONUS.
SECURITIES.
Alabama—('la^8 A,
Bid.
3 t^ 6
Ask.
1906
1906
Class B, 58
Clasa C, 48
68, 10-20
106
Ge irgla-7s gold
Iioulsiana— 7e, cons
Stamped, 48
Michigan—78..
190(j
RR
....Visbo
105
1914 100
84=8
.V.'.'isOO 106
2ioTE-Xhe letter " b" Indicatea price
Bid.
Missouri— 6s
duo 1889 or 1890
110%
Asylum or Uuiverslty, due 1892
10^
Funding
1894-1895
108
New York— 6s, loan
1 892
12
6s, loan
1893
North Carolina— Gs, old..""" J&J
30
Funding act
;i900
1«
Now bonds, J. & J. ...1892-1898
1800 102
Ariani-aa- Gs, funded.. 1899-1900
10
76. Littli- I!(i( k A: Fort Smith, las.
25
7b, Ml mphif. & Little Rock, Iss.
7s. Aikunsiis Central
SECURITIES.
85
Chatham
RR
Special tax, Clasa 1.
Consolidated 4a
^^
bvd,
and " a"
Bid.
Rhode Island- 6s, oou.. 1893- 1894 116
11.5
Teuneeeec— 6s, old
Souih Ciirolina— 6s, uou-fuud.lS8»
Blown
118
J8!t3
1892-189.-I
Cojupromlse, 3-4-5-68
Nfew eettlement— 68
3.^
12
20
10
14
."
97
"i 910
"l919 123
consolidated 6e
58
3s
Virginia— es, old
16
98%
Ge, coup.olidated bonds
6s, tonaolidated, 2d aeries
68, def en ed, truat rce
125
aU other prloaa'and the range are from actual s'ales.
-
price asked;
SECURITIES.
Ask.
104
110
112
6
105
Ask
7%
103
60
70
1912
1913 102 106
1913
102%
1913
70%
48
90
60
10
ll'a
k
—
August
1
THE CHRONICLE,
18, 1887.]
207
BONDS-STOCK EX.CIIANGE ({DOTATIONS ON FUIUAY OF INAOTITE BAILKOAD BONDS.
SKCURITIEa.
Bid.
Ask.
BKCURITIEB.
KnIIroiiil Itoiitls.
fUrhange
(Sluek
A
Atoh. Top.
lYictJ.)
Ke— 4>s»...lt)20
a.iii.
Bcoili Cr«'Pk-l8t gold, 4»
1011
1938
()nlo-l8t68, Park
B ..1019
BliikiiiK fmiil,
Bait,
.t
(>a
75
KiwlBterod
Boft. H. Tun. A W.— Deb. 5b... 1913
Burl. Cedar Rapids <Se Nor—
l8t 6s
1006
CoDBol. A col. tr, Sb
1034
RoglHttTed
A
Minn.
Iowa
C.
K-l8t78,
St.
&
C«d. Rap.
icu
I.
l8t8B
Biiff.
Y & Plill.-Cons.
N.
.1027
Wi-st.- l8t 78....19()9
F. lb N., Ist
68.1920
1921
68. ..1921
Trust cortlrtLiitoa
Gcnoral 6b
Trust ortiUoates
81
126
192S ioois
88. cold
Bid.
40
1924
Ellx. c.
A
N.-a.f., deb., 6a. ..1921
1920
1091s Erie- iBt, extended, 7i
124
1807
90
2d, extended, .'.s
1019 •11714
3d, extended, 4>98
1923
no
4lli, extended, bt
118%
1920
100
5tli, 78
1888 102 14
1st, cons., fd. conn., 7s
1920
Roorg., Ist lion, 6«
1908
B. N. Y. A p:.-l8t, 7»
1916 136 188
105
N. Y. L. E. A W.-CoL tr., 681022
108
100
Buff. A 8. W.-Mort*. 68....1008
00
Evan. A T. H.- Ist, cons., 68.1921
114
Mt. Vernon— 1st, 68
1923
iBt ninrtg., 0«
Evans.
A
Inillnn.—lBt, cons. ..1926
Fl't
P. Manj.-Mortg., 6b. ..1920
Grand Rap. A Ind.—Oon. 5b. .1924
A
Centriil lown—
EiiHtoru IJlvlston-lflt 68 ..1912
IUiiioi< l)ivl:.kiu— l.<t«H
1912
118
97
Registered
Han. A
Jos.— Cona., 6»
1911 117
Ccnf. RK. A BankinjrCo., Ga.—
Hous. E. A W. Tox-X»t, 7b.. .1808
C'lhitiMiil BoM, 59
1937
104
Illinois CentralCh(>euiie.ike A Ohio—
ist, gold, 4s
1951
69, gold, acriPS A
1908 103^
let, gold, 3>«s
1951
Ches. O. A So. Wo8t.-2d 68. ..1911
Springf. Div.— Coup., ..6b, . 1898
Spi
Ohioago A Alton—
Middle Div.-Reg.. 58 ...:..1921 in
Ml<
iBt. 7b....
1893
119
C. St. L. A N. 0.-Ten.l.,7B.1897
BinklnKfund. 6b
1903 123 >s
1st, oousol., 7»
1897
loulB. AMo. River— lat 7s.. 1900 119
121>g
2d, 68
1907
2(1 7fl
1900 117
Oold, 5b, couiKin
1951 •llSif
t
Bt. r,. Jaeks.AClilc— l8t,7B.1894
Registered
l8t. Knur. (5ti4), 78
1894
Dub. A S. C.-2.1 Div., 78 ...1894 iii"
2(1 imirtK. t3H0), 78
1898
Ced. Falls A Minn.-lst, 78.1907
2il, giinr. (1H8),79
1898
Indianap. D. A 8pr.—
MlsK. R. BriilKi!— iBt, a.f. 68.1912 100
1st, 78, ex. fund, coupon
1906
Olio, liuiliiii.'. A Quiocy
IjikeErio A W'n-Ist, g.,58..103
1021a
Cousoiiaateil, 7a
131
1903
Lake Bhore A Mieh. So.—
6p, sinking liind
1901
Cleve. P. A A.— 78
1802
lowaUiv.-Sliik. fund, 5s..l91U 'IIII2
Buff. A Er.— New bonds, 78.1898 •12314
Bin kins fund, 48
1919
97>s
Kal. A W. Pigeon— l8t, 78... 1890 100
Plain. 4H
1921
96
Det. M. A T.— 1st, 78
1906 123
CUc. Burl. A Nn.-Deb. 69....189(i
Lake Shore— Div. bonds, 78.1899 121
CJlil. R. isl. A Pac—68, coup. .191
133
Consol., reg., 1st, 78
1900 123 «8
R(gmtere<l
Consol., reg., 2d, 78
1903 123
1301s
Ext. A Col., 58
1934 107 108 14
Mahon'g. Coal RB.— Ist, 58.1934
Registered
107
Long Island ER.—
DCS MoiuiB A Fort D.— Ist, 4b. 1905 85
88
N. Y. A M. Beacli— iBt, 78. .1897
let. 2ias
1005
60
N. Y. B. A M. B.-]Bt,g.,5s.l935
Extension, 4.<i
85
88
asli vllle—
Louisville A N^asnvuie
Keok. A ])es M.— 1st. 58 ....1923
IIOI3
iiucn-7s
Cecilian Braucni..l907
Cliicago Milwaukee &. St. Paul)iv.-68
Peusacola Div
1.1920 1031a
iBt, 8s, P. 1)....
1898
130
iV.-lst, 6B...JL.1921 110
St. Louis Div
2d, 7 3-lOs, P. D
50
1898 118
.'..1980
2d. 38
lst,78, ^sr-R. D
1902 127Jfl
Nashv. A Doeatui^lst, 7B..1000 118
let. La Crosse Division, 78. .1893 116
Ala.—
S.f.,
68
1010
AN.
S.
1st, 1. A 1)., 7s
1899 120
Louis V. C. A I,.— 08
1031
]8t, C. A M., 7s
1903 13T»j
1037
5 p. c. 50 year gold bds
iBt, 7s, I. A D. Ext
1908 l-.'5
04
Pens. A At.— lot, 68, gold.. 1921
Ist, 8. W. Div., 6e
1009
Lou. N. O. A Te.v.- Ist, 5s.... 1934
1st, 5s, La C. A l)av
1919 103
Manhat. Beach Imp. Co.— 78.1909
Ist, H. & D., 78
1910 120
Mexican Central— Ist, 7s
1011
1st, M. AD., 58
1910
Ex coupons 6, 7, 8
Cljloago A PaciHo Div., 68.. 1910
con.,
Cent.Ibt,
5s
1902
1081a
Mich.
A
Chip.
M.i. Riv. Div.,
5b ...1926
Mineral Point Div., 58
C. A I.. Snp. Div.,5»
1910
1921 1021s
Assu ...1924
191(i
Iiio. conv. sink, fund 5s
Dakota A (it. Soutli., 5s
1016
Fargo
A
Soutli.,
6<i,
A ^ol tliweslcrnExtension Imnds Is
Clileago
—
1926 96!ii
Escanatm A L. S.— 1st, 6s... 1001
DCS M. A Minn.-let, 7s
1907 1271a
Towa JliiUand-lbt, 8s
1900
PcniuBula— l8t,couv.,78... 1898
Cliic. A Milwaukee-lst, 7s.l808 121
Win. A St. P.-2d, 7s
1907 'I3II3
Mil. A Jlad.-lst,0s
IHO,"
Ott. O. F. A St. P.-l8t, 58.. 1900
Northern III.— Ist. 5
1010
Indianap.—
Ca. Col. tin.
Ist, 7s, 8. fd
1899
II8I4
108
A
Consol. 7s
Consol. sink.
fd..
121
1914
1914
78
M. A O.—
A Minn.— iBt, 68.1918 125
Cliie. 8t. Paul
Clilo. 8. P.
No. WLsconsiu— Ist, 69
19B0
Chic. A K. III.— 1st, 8. 1., our.. 1907
ConfOl., 1st, 6»
1934
Chic. A W. Ind.-lst, s.f., 6s.. 1919
Central mortgage, 6
1032 110
Clilc. A St. Loui^— 1st, 68
1015
A Chicago—
Cln.
I. St. L.
Ist, gold, 4.S
1036
Registered
Cln. Jack. A Mac— l8t,g.,5s.l933
Col. A Creen.— 1st, 6s
1916
2d, 6s
1926
Col. A Cln. Midland— 1st, 68. .1914
Del. La<k. A West.- Couv. 78. 1892
Mortgage, 76
1007 132
Syra. Bing. A N. Y.- Ist, 7s. 1906 133%
Morris A Essex— 1st, 7s
1911 1401s
2d, 7s
1S91 l08is
Bonds, 78
1901)
7c of 1871
1901 125"
1st, eon., guar., 7s
1915
Del. A Hud. Canul— 1st, 7a.. .1891 io7"
1st, ext., 7n
1S91 10713
Coupon, 7r,
1894 1151a
Registered, 78
1894 lift
Pa. Div., coup., 7s.
1917
iV6"
Registereil
A
Alitai. y
SuBtjiie.- 1st, 7b.. 1888
let. eons., guar., 73
lOOt;
103
Rcgistei td
guar.,£s
1000 1191a
Kegisu red
A Sur.— 1st, coup., 7s. 1921 140
Iti-glst**i'
140
let, eous.,
Eeni'.
'
•
No
price 1
rl
lay
;
Uiese uie latest
St.
BRCURmEB.
A«k.
Maek. A Mar.-lat, 6«...1921
Bay C. A Alp.- Ist, 6 .^1913 107 108
E. Tenn. Va. A Oa,— l»t, 78... 1900 116
Divisional 5»
1930
E. A W.of Alii.,liit,ron.gId. 6s.lP2r. i09i«
Oet.
Det.
Bid.
Psolflo Railroads— rOonMniMrfi—
Oold
1896 115%
iia^l
lioiids, (is
fJold lionils, Oa
1H97
€•1. AOr«gon-l*>, flu... I---'
Cal. A Oregon -Her. B., 6
!
Molt liiind. ««
West. Pai'lllo— Rimds. 8«
No. Railway (Cal.l-Ut, 6b
Union Pac-lat, e*
6s
B«
Col. Trust, 6»
Col. Trust. 5a
C. Br. U. P.— P. o.,7b
1st,
1st,
:
:
J
,
.,
luK-i
115
IIMH
1907
1895
Atcll. Col. A P»c.— 1st, Os. 1905
Atob. J. Oo.AW.— lB%6a.l905
Ut. 80.—CJnn., 7»
1000
Exten., l.t, 7s
1900
St. Ix>Dis A San Franolsoo—
109%
iBt, 6s, Pierce C. A
1919
121
Eqii Ipincnr, 7»
1 895
O8I9
Kan. City A 8.— Ist, 8s, g.lOlfl
Ft. 8. AV.B. Bg.— l«t,6* 1910
121
8t L. K.^kSo.Wn.-ltt, es.l9ln
3
Ttix. A Pac.-lBt, Ob
1905
1 Bt, 6b, ex coupon
106
ConsoL, 6a, iruBt rucolpta.l0d5
06% Pennsylvania RR.—
117
Pa. C'l.'s guar. 4its, Ist op. .1021
Pa. Oo.'s 4>a8, reg
1921
PItU. C.ASUL.—l8t,op.,7B. 1800
100
05
lOS
1051«
USi*
103%
•9502
101
109
109
103 >a 10ti«
1041a
Registered
1913
2d, 7s
Pitta.
Ft.W.
113
114
105
4 0.-l8t,7B...1912
140%
19121*137
2d, 79
3d, 78
1912 -1.15
Cnev. A P. -Cons., s. fd., 7s.1mOO 128
4th, sink, fd., 68
1892 106
St. L. V. AT. n. -1st, g., 78. 1-97
1071a
103
2d, 7s
1898
2d, guar.. 7s
1898
Pine (Yt-ek Railway— 68 of 1932
125
Pitts. Cleve. A Tol.— 1st, 68. ..1922 114
PlIU. Junetioa— Ist, 6:<.
1!)22
Pitts. McK. A Y.— l8t, 68
lif.U
1231a Rich. ADanr.— Deb. ex ep.6s.l927
Consol. iiioit.. gold, .58
1251a
las'?
87
124
Atl. A Char.— Ist, pr., 7s.. ..1897 114
138 kt
118
'
Incomes
1900
Rich. AW. Pt.TerT.Tmst68..18;»7
871s
San Ant.A Arans.-lst,6B,'85-191«
19':6
Ist, 6s, 1886
Scioto Val.— Ist, cons., 78
1910
Coupons otr
1091a
50
105
St. Louis A Icon MountainArkansas Blanch— 1st, 78.. 1895 112
Cairo A Fult(.n— Ist, 7s
1891 105^8
Cairo Ark. AT.- 1st, 78. ...1807 110
>
St. L.
102
OS
A Ter. Haute—
A S'l. Ul.— 1st, 88.
A Car.— 1st, 6s
Minn. A Man.—
Paul
..1896
1923
Dakota Exti'n.—6s
90
65
II4I9
1051a
iiiia
Alton
Bellev.
Bellev.
St.
go
00
00
Min'8
1910
1922
Un.— Isr, 09
lis
Paul ADuluth— 1st, 58....1931
Sodus Bay A So.— 1st, 5s, g. 1 92
1909
Tex. Ccntral-lst, s. f., 7»
190;
1st mortg. 7s
1011
68
108% Tex. A N. O.— let, 78
Coupon, 5s
1931 107
1905
Registered, r>B
Sabine Division, Ist. 6s
1931
1912 102
101
Sag.—
115
Lan.
A
Vallev
O.-Con.
6s
1891
Ry
Co.
of
«'.s.l92l
Jack.
Mllwauk. A Nirth.— Ist, 681^^1910 1071* IO8I4 Wal..St.L.APac-Hav. Div.-6s '10
Extension, 69
IndtanaiK'lis Div.'— 68
1921
».1913 106 %
Detroit Div.— 68
Milw. Lake 8. A West.—
1921
94
100
deb..
59
Cairo
Div.58
1931
Conv.
190
lie
Tol. AWab.— Equip. bds.,78l8.'<3
Ashlaud Div.— Ist, 68
1925
Qnln. A Tol.— Ist, 78
1890
Minn. A St. Louis100
Iowa Ext.— Ist, 7s
1909 112 116
Ilan. A Naples— 1st, 7s
.00
Iowa—
So.
1st,
ex.
2dniortg.,78
111. A
6s. 1912
1891
Southwest Ext.—Ist, 7b
1910
Bt. L. K. C. A N.
Omaha Div.—Tr. Co. rec.191'' 113
PacifloExt.— 1st, 6s
1021 100
Clarinda Brnneh- 6s
1919
45
Minn. A Pac— let mortg. 58.1936
'101
W.—
let,
Bt.Cbarlos
Br'ge-l8t,66.1908 106
Ss, gold.. 1034
Minn. A N.
1021s
18!'5
94
No. Mi.'t* irl-lst, 78
1091a Mo. K. A T.— Cons.,2d, inc.. ..1911
lO.^ia Wab. St. L. A Pac— Iowa Div., Ga
1890
H. A Cent. Mo.— Ist, 78
West. Uniou TeL—Coup. 78.. .1900 116>i
Mobile A Ohio- Col. tr., 68 ...1892 107
71
Registered
75
St. L. A Cairo -4s, guar
1931
1161s
1904
N. W. Telegraph— 78
Morgan's La. A T.-lst, 63.. ..1920
Wlieeling A L. E., 1st M. 5s. .1926
1918 120
1st, 7s
108
Tenn. C. I.A R'y.— Consol., 68.1901
Nash. Chat. A St. L.—2d, 68. .1901
1902
South Pitts.- 1st, 69
130
1887 1011*
N. Y. Ceiitral-Os
Bir. l)iv.-l»t on. 6.»
1017 831a
110% N.J. June— Guar. Ist, 48
198li
95
Col. A Hock. Ctial A L—6s, g..l917
115
Beglsteied certiticatee
Income Bonds.
N. Y. P. A O.-I'rior Uen, 68 . 1805 109 14
(Interest iitii/aUe ij earned.)
112% N. Y. A New Eiig.— 1st, 78.. ..1905
Atlantic A Paeillc—
1905
1st, 68
Central Divifion— Income. .1922
N.Y. Susq.AWest.—2d, 4ia8...1937
70
Cent. Iowa— Coup, debtoertfs
!J. Y. N. 11. A II.— 1st, reg. 48.1903
X'hicago A East Ill.-Inciuue.. 1907
Northern PaclHc— Dividend scrip..
Des SI. A Ft. D.-l8t inc., 68.1905
Dividend extended
1921
106% Det. Mack. A Marq.— Ino
Spok. A Pal.-lst, s. fd., 6s. 1936
1970
Ellit.Cliy A Nor.-2d ino
110
St. Paul A N. P.— Gen., 6s.. 1923
lud'ap. Deo. A 8pr.— 2d inc.. 1906
Registered
98
Trust receiplB
Helena A Keil M'n—l8t,g.,6s.l937 105 107
1888
I,eh. A WUkcsD. Coal
Dul. A Manitolia— Ist.g. 68.1930f 100
Milw. LakeSh. A W.— Income
N. O. A No. E.-Pr. 1., g., 68 ..1915
26
Mobile A Ohio— 2d pref. dehen
1931 1131*
Norf. A VV.— Gen., 68
18
3d pref. debentures
1932
110
New River- lift, 68
15
4th pref debentures
1934 100
Imp. A Ext.. Us
AiUustiut nt M., 78
1921 106 1071s N.Y. L. E. A West.— Inc., 69.. 1977
Ohio Cent.— Mlu. Dlv.-Iuo.78 1921
1920
iSi' Ogd. A Lake Ch.-l»t, 68
Ohio A Miss.— Cons., s. f., 78. .1898 115 iio" Ogdensburg A Lake Champlaln 1920
Income
193v;
General 5s
192J
Roch. A Pltu-b.— Inoonio
Ohio Cent.- Ist T. r. Tr., 6a. 1920
St. L.I.M.A S.— 1st 78, pf.. lut. acc'L
1921
Mill. Div.— Ist, 68
117
1036
100 la SUTliug I. A K'y, soilcB B.— Iuo,'04
1421s Ohio River RK.-lat, 5b
1890
Omaha A St. L. R'y.— 1st, 4s. 1937 77''8 78% Plain Ineoiuo 08
Sheuuudoah VaUey— Inc. 6«..19'J3
1921
103 14! Oregon A Cal.— 1st, 68
Panmna—SiuK. Id., BUb., 6s.. .1910
136
Free List.
78'8
75
iPeoria Dec. A Ev.— zd, 89. ...1927
90
Chicago A Ailautlo-lst, 68...1920
1201* IPcorla A Pek. U'n- 1st, 68.. ..1921 1071a
ICuuiDorlund A Pein.— 1bI,6j.1'-91 102
2dM..4i39
1921
101
1S8"
lis
luort.
2il
PaciMc RK.-central PaolHo—
96
IN. J. Southern— Int. guar., 66.1899
1895 11539
Gold bonis, 68
St.
. .
•
1
.
105
05
120
60
115
50
100%
105
85
29
30
iS"
. .
'
quotaUous made
thlB
week.
98
—
.
. .
..
THE CHRONICLE.
208
^ew York
{
8
MoHfriwe, 68
MortKatte, ihi»
Tm»t, 6»
.—
!-'.-.-
Bel vlrt'e Del.— 1 »t .B8.19()2
108
Ueu
Bait.
Cons. m.
115
78
iBt,
M. J u. & C. U.— 78
Cam.
HO
—
New 7s, reg. 4 conp...
4C. M.— I8t,68.lfll4
Bo lid Br.— Ist,?*Del. * ~
70
22 >s
•21',
i<7
98
Debeutuito, lus
ir.Mex.A So.Pac— 7b
B. Y.4 N. Kngland—7b..
123
Norfolk
Consolidated 68
!
Incomes
44
119
i
PnebloA Ark. Val.— 78.
Bntland— let 68
6b
87-9'
8-1
104'alU5
96
66
64
Sonera— 78
f^isconsin Cent. -iBt ser.
series
STOCKS
•107
Atchison 4 Topeka
'.^00
Boston 4 Albany...
Bo8t«n 4 Lowell....
BOBtou 4 Maine
1^
Boston 4 Providence
Botiton Con. & M.. pref..|
Boston Revere B. 4 L.yun i
1
Sontbem
46
20
38
I
Central of Massacliusetts
Preferred.
Obesbire, preferred
Chlo. & Kasf n Illinois...
9
Chic. Burl. *fe North'n
Cblc. 4 West MicmKanClnn. Sandnsky 4 Cleve.
Cleveland 4 Canton
Preferred
lijs.
Pa.
.
2d, 68.1938
N J .—Con8.68,'94
Cons. 6b, gold, 1901..-.
Cons. 6b, gold, 1908....
Gen., 4s, old, 1923....
United
Lawrence.
CouB.
44\
Western Penn.—6s, conp
68, P. B., 1896
CANAL BONDS.
•il'-^
Preferred
Woroeater Na8i.'a4 Koch.
,
Schnylk.
25
46
137
9i,
Ist pref
9»<
Western Maryland
,.
Preferred
Hnntiiigd'u 4 Broad "Top
Preffrred
Lehigh Valley...
2ds
8d8
Mlnehlll
Nesquehouilig Valley
Newtown
4
N.Y.
S
66 S,
K.end.
114»4 116
"2714 '27»8
101
33
12
I
68, Series
58, Series
107
116
llO"*
60
'40
145
Viagara
Vorth River
Virginia
8b
4 Tenn.— 5b
80
86
Jefferson
95
95
Mauuf C.4B 120
eo
Mechanics'
Mercantile.. 60
Lafajette
116
125
103
Merchants'
8
Last price this week.
176
105
180
100
180
95
140
100
160
85
Het'r
Cooper 170
110
126
150
110
65
125
153
170
i8U
100
Phenix
70
mo
Park
People's
J-O
90
-
Montauk
Nassau
3:0
160
....
Rntiter's
140
standard
1113
Sterling
Stuyve.sant
10,5
60
United Sfea 140
Westchester 140
WUllamih'g. 260
12.5
G
<!OM
»'*
PAN
I
GAS COMPANIES.
Bin.
KP^.
I
M
105
66
105
N tssan (Bklyu.)
.,
'^crlp
iClty
80
•(unlclpal— fiondB, 78
101
95
120
106
—
—
Islmort., 6s. 1922
ent. Pk. ^..v K.mv.-Stli
lOuij
88
105
B«
109 >s
<a
110
130
127
121
11:1,
12111,
IllO
140
109
122
137
105
120
110
4
U3
4 Pike's P'k ist 68
4 Cnar. Air Line.
,
Tw
.-r .,73,
200
112
41
117
42
106
108 Hi
83
160
112
110
106
119
107
107
60
155
110
180
115
210
107
230
114
175
•200
ity-i.hii" •1,.— stock..
Ut
1
107
158
110
215
1117
110
1
1.50
112i«
104
IfO
101
—
1893
105
220
112
— Quotations from both Exchanges:
Bid.
Cable Co
•oniol,, 78, 1888
Sitth Av.— -t...k
aiori.,7s, 1890
81
1211q
1«
124
Third Av si.„.K
II219
.«oud8, 7s, 1890
m
71
SECURITIES.
Ask.'
Bid.
9
73
Mexican Vat.ional
VO
12;
At.4Pao.-l8tiI,C.D.o d68 ,00
Bust. 11. T.4 W, Hst,.— «tk.
Ist mortgage,
9
Mex. NatConstrucfnCo.
109
84
N. Y. W.Sb,4B.— Stock.
North. Pac— Dtv. bonds.. 101
Mic-h.
4
rec
cihio— l.st
1.
82
::::::
102
86
"59"
iltt^.A «eat. BR., 1st M.
104 '4
Lstuiorl.,8s
At.— Stk.
1
prt,i
East
Pref
Georgia Pac
Ist 68
.
Kanawha 4
Ala.
35
36
98 la
— Stock
Id
107
62
Ohio..........
4
15
72
Kan. City 4 Omaha
1st mort
Boston Banks.
99
102
27
SI.
July 23
"
30
B
2d mort
5
ID
10
76
90
>9
Pref
.....
.
West Va. KR.— l8t,
...
101
68...
21
40.
— Following are the totals of the BiiHtoD bank»
L.T'uders.l Deposits.*
s
9,703,100
9,382,900
9,130,700
Philadelpliia Banks.
1887.
IU8
65
Ist.
Pref
«
J'iy23 l.'?e.706,«00
''30 138,114,>00
Attg. b 136,628,700
Tol. St. L.4 Kan City,
Ceutial.— Ist
20" Utah
V.cksti. 4 Meridian
Wisconsin Central
Specie.
1887.
Aiiir,
31
97
St.
1
4 West KR. of
2d8
...
Louis Ft. S. 4 Wlch..
Paul E,4 Or. Tr., lat 6a
Tol. A. A. 4 N. Mich.
Tol 4
Cenc
•iVo"
Prof
i
Dul. S. Shore
10
44
..
Cape Fear 4 Yad.Val., Ist
4
Ask
13
42
93
12(
105
tr.
la
Nowp. N. & Miss. Val. Co
io" "48" N. Y. City 4 NorUieru....
120>, 121
|i.»
.-
Eanttable
Bonds, 68
120
120
<onBol., 78. 1902
i, st^-stk.
121
3hri8t'i>h '.» 1
110
Bon.U, 78, 1898
1st 8a
78
41
23
120
120
150
U.0
116
7
40
Municipal
nd', 68...
—
.
ntral Cro"'<i"w^— 8tk.
lOjJa
106
liO
112
lOU
i»
D. D E. B. 4 B.— Scrip, 6s
30
116
li.l^btb Av.
imck
180
scrip, 6s, 1014
I'O
42d 4 Gr'n.l -". P'ry— Slk
1st mort., 78. 893
103 s
100
42d St. Mauh. J£ SI,. N.Ave
100
1st mort., 68, 1910
130
2d mort., income, 68
•OUSt.W.Sl..fcP k"v-stk.
110
170
let mort., 7s, 1894
108
<lntbAve.. .... .........
155
160
Ist aiort.. 5<, 1910
2d miirt.. 08, 1U14
103
8'way suriaoe iHis.irnar..
Bonds guar., 58. 190E
*t„,-.K. ... ISO
tiooklyniJitv
Ist mort., 5s, 1902
108
iklyn.CrossMiw
itock. 165
l8t ruort., 7s 1888 ..
105
4
91
151
1S5
ilton
1-22
114
84
RR. Quoiatloue bj H. L. Qbant, Broker, 145 Broadway.l
0Xer8t.4 Fnlt.P.— Slk. 28
Ist mort., 78, 1900
114
ar'dway47Mi A> — st'k..
SI
i'he,H.40.. ser. B.- ef. fCilp
Cal 6a..
Chic, nauta Fo
89
16U
Metropolitan (Bklyn.)
F
83
60
115
110
«0
105
tondp, 63
97
102
106
100
Ask.
Bid.
BRlyu.)
I
W,lU«m*tmrg
76
107
80
41
itoie's
12a'
100
itonds, 68.
1291;:
112
IIU
,
...
IBi)
95
1170
Pacific
135
il5
05
lOS
106
135
Long Island
llSij
7613
,
7«
80
Kings Co
Knickerh'kr HO
108
176
100
^^atlonal
73
5
140
60
120
200
Howard
Brooklyn Elev'd- stock..
109
14>i
...
I.
Home
At Ian.
49
bO
B
Ask.
Bid.
l:'0
102
aiuualyu GaS'Light
50
Ottlzena' «as-Ligi.t
102
Bonds, 58
75
Oousolldaied Gas
J^t'HHy City 4 Hoboken... 180
116
M^tropoUtau— Bonds
91
itnal (N. Y.)
Atch.
13
W.Md.—88,3d,gnar.,J.4J
Wllm.C.4Aug.— 68
WU. 4 Weiaon—68
49
Per shun.
lO'l
Exclmnge... ItiO
115
Farragnt
Firemen's"*. 99
German.Am. 300
Gennania... 150
118
Globe
Amer. Tel.
47
A
St.]
COMPAN'S.
Hanover
SUCCKITIES.
60
2ds
No. Central— 4 I3S, J. 4 J
68,1900, A. 4
68, gold.1900, J.4J...
Pine
100
N. Y. Equit. ISO
«. Y. Fire .. 96
Unlisted Securities.
7
.7.
i^
Ask.
Bid.
.'.50
Ory Dk. E.ii.<!i. Mitfv— Stk
iio
Ist mort., 7», 1893
103
6
Pltl8b.4Con'eUs.—78J4.
215 >a Union RR.— lsi,gna.J4
Canton endorsed
p...,
»
66 <%
19
8
echnvlkill Na^lgation...
iio
i
Ist Inc., 68, 1931
I7nir«d N. J. Companies..
do
5
Colambla4 Greenv.— Ist*
73\
We«t Jersey
West Jersey 4 Atlantio.
CANAL STOCKS.
Lehigh Navigation
------
60
60
RAILROAD BONDS.
Atlanta 4 Charl.— 1st....
Inc
Baltimore 4 Ohio—48
Cen. Ohio.— 68, l8t,M.4tCharl. Col. 4 Aug.- 1st..
2d
Cln. Wash, 4 Bait.— lets
57 H.
66
McbuylkUl
4 Sob. Haven...
Empire City
C
120
,
Central Ohio— Com
Pref
,
4 Reading....
PbUa. WUm.4 Salt.
i
104
971a,
,
2d pref
Parkersburg Br
»
31
Delaware 4 Bound Brook
Sasl Pennsylvania
Xlmira 4 Willlamsport..
Pbila.
Phlla.
83
BAI>TII>IOItE.
t
•iilt«d Hl'es
Greenwich-. 220
Guardian ... 83
Hamilton .. 120
RAILB'D STOCK».tPai
Atlanta 4 Charlotte
Baltimore 4 Ohio. ..100
KAiLKOAU STOCKS,
Bnir. N.V. 4 Plul.,a8s.pd.
Preferred
Oamden 4 Atlantic
Philadelphia 4 Krle..
Ptalla. oer. 4 Norrtstown
Nav.— l8t,6s,rg.
Sd, 68, reg., 1907
PUIl>ADfcI>PIIIA.
Nonherij Ceulral
North Pennsylvania.
Pennsylvania
«
Cons., 78, reg., 1911
Pennsylv.- 68, op., 1910.
9><
WlBoonsln CeLtral
4 Del.— 1st, 68,1886
Lehigh Nav.—4 Kb, 1914.
Mort. BR., reg., 1897 ..
8
39
Preierred
Little
llJl'4
1923
68, reii.,
Ches.
133
Summit Brancn.
1909
tl .— 1 st,6s,C.
6.1,
.
,
._
240
123
W J ersey 4 A
lia
146
Northern
Norwich 4 Worcester... 175
Ogdensb. 4 L. Champlaln
15
OldColony.
178
PrefeiTed
Oatawlssa...
Ist preferred
2d preferred
.
lBt,7s,"l899
15
14!>t
44 S,
ill-i
Portland Sac 4 Portam.
Ports, ot. Fa IB 4 Con'y.
^^
,118
Warren 4 F.— 1st, 78, 'St^
West Chester— Cons. 7b. 110
W.Jersev- lst,6s,cp.,'9e 114
St. Louis..
Bntland
6J
4 Pac— l8t, 68,1906 §115
ConBOl.,68, 1905
.
35
Eagle
96i.j'
UnJon4Tltu8v.— Ist, 7B.I
78
'radesmen's K'S
IJaN and City Railroad Mtocba and Bonds.
(Gas Quotations by (iKO. H. Pbentish 4 Co., Brokers, 49 Wall StieetJ
Suiib.ALewisfn 78.C,.'96
syT.Oen.4 Corn.— 181, 78.
44
76
12518
"hird
133
Sunbury 4 Erie— let, 78.
Sunb. Haz. 4 w.— lat, 6»
.
Preferred
City
Clinton
Continental. 210
Pitts. Cin. 48t.L.— 78.-.. l.'l
B.—7s,0Ji.l 30
Pitts. Titus.
P ref e rc'd
Maine c riiiral
Mexican Ceuiral
M. Y. 4 K ew Kngland .
110
117
110
Commercial,
Deferred incomes, cp...,
Pref HI red
4
ls2"a
Tex.
C
8,5
ll.'S
Citizans*
116
4
K. C. Mcmph. 4 Binn
Kan.
&{.! iiigi. tSL Mem.
Little Rmk 4 Ft. Hmlth
Manche.tt'^r
11'4
141
Phll.W11.4Balt.—48,U.ot lOlia
31»4
23'!
S 'Cond
S loe'tLeatb I4'i
<wteofN.V. 120
123
2111
COITPAN'S.
Bid.
Conv., 78. R.C., 1893...!
96
.
142
•
186
I
Broadway. .-1175
Brooklyn ... 110
Debenture coup., 1893.1
4 Sloni City,
City.
Kan. C.Clin. 4 Sprl ngf'i
Kan. City Ft. fi. 4 Gulf
4
165
190
12i
115
125
115
40
225
160
110
Cons. 68, 2d ser.iC 1933
Iowa Falls
Ev.
Bowery
4
ShamokinV.4 Potts.— 7i,
214
166
.
.
:3i)
185
156
172
Pwple'B. ... 160
P letitx
110
i^pablio -. 138
S Vlcholas.
7th Ward. .. lis
U2
J«w York
150
126
l:<3
America. i-n
>*lental
Piniflc
176'
Hassan
l>iU
Pvrk
•t'chB'* I'ri 146
fwroantile.. 146
148
106
N.Y.— 18»
Phlla. Newt.
1631^ Phil.
R.— 1 8t, 8s, 191 n. 124
224
1161a
2d, 78, coup.4 reg.,1893 115
Cons., 7s, reg., i911 ....
134'
ISO
Cons., 78, coup., 1911 ..
119
165
ConB.,6s,g., 1.B.C.1911
lOSi.^
48
Imp., 68, g., coup., 1897 li>'l>« 109
It 5
Gen., 6s, g., coup., 1908
Gen., 78, coup., 1908. .. {lOl^i l(,4i!i
7U
71'a
Income, 78, coup., 1896
t3
Conv. Adj. Scrip, '85-H9
VO
Cons. 6b, Ist 8er.,c.,1921i
24 >a
144
K.>.
^orth Riv*r.
(Qootatlona by E. 8. Bailey,
Phll.4Eri6— l8t,7s,cp.'88 lU3'alU4
Cons., 6b, 1920
113
1071,
Cons., 68, 1920
Hi's
an hat tan..
4«rcnantB '
173
-.,;
4
Jlnth
f.
iI'rch'ta'Ex. 115
letropolit'n 23
American... 160
Amer. Exoh.l 73
Perkiomen— 1 at, 68,cp.'87
8
i 30
135
194
OunneoMotlt River
Conn. 4 Passnmpslc
Det. Lansing 4 No., pre!
Eastern
Preferred
Fltcbburg, pref
Pllnt 4 Peie Marquette.
Preferred
Trust Loan
Y. C.-7b,1896.
4N.
J
112
2(>l>
L«therMf»' 210
(arket.
fechanlcs'
.
Count 201
«.Y. Nat.Bx 122
Gj'eonwlob .. 112
170
C Anover
r a.4Trad's' 3'6
146
I"v1ng
....
OOMPAN'S
A West.—Gen.,6«
7,1908
,0
.rtleld
.
178
102 1«.
115 1.
118 .
Cons., 6s, conp., 1906-..
Cons.. 68, ree., 1919
981a
Bonttaem Kansas— 68
Incomes.
68, rejr
li.l
'.Y.
Insurance Stock List.
N.R.Dlv., Ist, 68.1932
105 v,
N. Y. Phil.4 Nor.-l8t, 6s 5104»4
4U
Inc.,68, 1933
luo
coup..
Oil Creek— Ist, 68,
Pennsylv.- Gen., 68, reg. 133
Gen.,6B,cp., 1910
{102 "5 103
Ogdensb.* L.Ch.— 68
IjOUI.sv.
97
ia3
110
Gen., 78, 1903
Debenture
F lurth
FUton
liUt.
210
.. ..
G ^rm'n Am..
G *rraania
130
!2a'a.
131 1.
ad, 78, reg., 1910
Cons. 6s, C.4K., 1923..
No. Penu.-2d,7s, 1896.. 120
11!0
i
6b
3d8, 6b
Concord
Dnlutb Short L., 1st, 68
Kast Penn.— l8t,7B, 18Mt<
Ea8ton4Amb'y— 6s, 1920
B1.4Wmsp't-l st,6s, 1910
6b, perpetual
Harri8b'g-lst,68,1888..
H.4B.T.— iBt, 78, g., 1890
Cons. 5b, 1896
I thaca4 A th.— 1 st, gld. ,7s
G
'ifth Ave... 700
F rat ........ 1600
Leh.V.— lBt,68,C.4B.,'98
Income
Conpon notes, 108
California
113
Col.
lOO'
6934
4 Atl.— l8t,78,g.,'9S
..
0>llatlu
,f
lontluental
Jorn Exch... l'<7
J'llKt RlVOl.. 130
11th Ward.. 1-0
106
106
Connect'g B8,cp.,1900-tM
soiip
7»
2d
Commerce
.
Catawlssa— let, 78, con. o.
118
106
66
{111
UUle B. & Ft. H.— 78.
LonlsT.Ev.AStL. 1st, 63 104
62
2d murl
Mar. H.4 Ont 1908, 68, iluO
Mexican Central 48
__
Amboy—68, o.,'8P
2d, 6b, 1904
Cons., 6 p. c
124
111
4.---.
K. City Sp'd A Mem.— 68!
K.C. Clint. 4 Springl.—68'
Tr. 6s. 1922
17t
173
4 uenoa
M3
k,n. Rxoh... 140
Sroadway... 2811 270
Jntchs*4 Dr 1K6
1X3
central
135
2im
..—
Ohase...
211
.....
Dhatham
2400
jlieinlcal
13M
litlsens*
too
172
Local Secnrlties.
Bank *4took
BANKS.
*8«.
Bid.
Oity
Mort.,68. 1889
.
Bond
18»3
N.Y.4 Phil.— l8t,6t
Cam. 4
'Wh
I
193.^.68
117
1827
4».,
Uap— 1st, 7 b,
Con., 68,1913
anff.
100
&
65
6t
Incomes
89^
58
Veimont,
Cons.
12S
East'ru, Mass.— 6b. new..
Frem.Klk H.dS.Mo.V.-Bs.. 5
K. C Fort Scott 4 O.—78
K.CItv T.swT. 4 Bn.— 88..| -.-ys
92
K.C. Mempli. & Birra— 5 b
Cllr
c
20'i
10>>s 105
4 O.K. Side— Certs
»7
101
io8"
92
noil -exempt
Call'oniia Mo.— 88
Incon 6 68
We8t'n-68.
Chic. K. C.
K..
I9l«!
iBt, 6b, 190.^
Bur.»Mo.liiNeb.-Ex%6e
(rrart,
117
Ill
\llegb. Val.— 7 S-lOs,
7«, E. ext., 1910
Inc. 78. end., conp.. '94
97
117
P!»)li, 58
Land
BANKS.
RAILROAD BONDS.
'86
BOr<TON.
* Topekft— l»t, 7b,
CoU Tins', 6»
Laud KiHOl, 7»
6s
4*
SECtTBITIKS.
Bid.
BKCURITIKS.
XLV.
[Vol.
QDOtatlons tn Boston, riiiuaeipttla and Baltimore
Atob.
:
..
Loans.
Clrcula'n,
s
Agg.Cl'ngs
t
2,407. S00 100,602.'200
99,0-,4,8J0
2,618,800
2,4,,9,700| 97,971,400
8,S3.3,30II
8,801.800
»,b40.6JO
75 546 867
72,166.947
82,110,981
—The totals have been as follows:
Lawful Mon'y
Deposits."
Clrcula'n
Agg.Cl'ngt.
S
61. 8 .5,944
I 9 12.1-11
oe,ii><»-.0"0
90,366.926
23,618,768
88.110,52*
$
2.9S1512
9ii,U3.M(iO
23.2^,<,rtOO
S7.9t4,>'00
-, 7
n
'iDolndlngtheitem ".tne to other banks."
•
'^j
.
•
!
1
H
.
.
.
1
THK
Oil
N«<v Viirk City Banks.—The following SMtomentabvWA the
of thP A««nciat«l Banka of New York Clt> for the
0,
870000
1,T07.<'00
XiH, 00
7.aMM00
1,S2H.700
1.322.000
1.7J5.J0O
fO'i .to
Ull.llno
ft
lO.'^VH.'.'OO
S UOil.llUO
Anti'i'icH
Plii'iilr
M.H.HB (too
Clly
I
Fiilliin
1
324,500
,«3».'.'«)0
18R1J.P00
Clifuilcal
4,8011,
1l,dia.4U0
TrAilcHineD'a
a.i7(i.t)oo
6.l?:i.7o()
Weri"
H' U»' Kxrh.
Clalliitlli Natloral.
00
00
550,1
3>>6.:10<I
000
7 001
021 100,
8.
9,ji
1
dH,4i
1,UI1,<'00
61 (>,.<< 00
22^.500,
l.t>4e.!«(IO
I.H64.000
77.C00
234.000'
KU.VOO
151,10.l|
l,lD4,f(tO
'
96.000
Brniutway
Mt'KuiitUe
1
I
Hl'ImllllO
Chailiuiii
2,674.«(I0
S.OlO.bOO'
4,S><9.I<0
61k,; 00
1,84 < TOO
PlMi|.l,-8'
2,i'7-.I'0O
IHli.^OO
PHvirio
Ninth America,...
3,0Sf .0
Haiii'ver.
111.354.
7»0.200
382.KOO
0'
100
8,13,".0OO|
57>',200
183,700
411.fOO
8«,60
0J.4 00
2dt.00O
ft"0
6.671,400
4,674.400
2.aS4.100
18 44S,20U
6'.'6.(iO
>
932700
6.'7,700
2.46lf,l'00
8.45'i,700
11.876 900
8,026 000
2,968.200
8.1-3 500
i
2-'6.lOI
2
"
..
Central Nattoual..
..
Ninth
.NiillDual
Flrnt Natliiiial
Third N»tl.nal
N. Y. .N'at. Kich...
Bowery
N. Y. Counly
Oernnui-A meric'n
ChaMe National
A veuue
Gerinau Kxch'age.
Gerutauia
Uuliecmtatea
JLiiicoiu.
Oarliolil
557,600
245,500
6,00, 100
80 i7U.!-00
11.621400
10880)
1,621..
WestSKle
1,9.11,500
23v300
Beabourd
l,9«S,oD0
1.950,100
6,8Se,000
4.411.200
2 203.700
39:<.00il
107.600
292,100
1.8.50
46.(00
4o0,SO0
National....
e.'OCllO
466,000
hwk Idly
i
46,6b6
Manhattan
978,iio6
41,ti00
12M.800
00
2,2 12,
00
J
2 I90,H00
'4'
Loutav.A Nanbv. IdtwkAiigl
a.lOl'.OO'i
847.400
Wealom .National.
,
LouU. c.v. A-lt.l,,.
2W7.1-OU
8mh
wk Aug
Loii.N.Al.AChlo. ifctwkAugl
Lnniav.N.O. AX. July
1.48p,»i1(i
S.f 52.800
Fifth National
B*k uf the Metrop.
46,(MI0
6,13. .100
0>
1st
428,buu
1,17».''00
2,56.
A Pcm
nl,4tkcMAWtuii, 4thwkluly|
LebighAlliiilKUD July
Loaglslaud. ...ilst wk Augi
446.400
H2,000
4,465.
Kiug-tO!i
46,000
40,700
1.1)21, .01
3,04l),<'00
4.0d",100
0-IIS.200
l.06».f00
'
81,0(10
360,000
46.000
41.000
45,000
430.600
El.
June
..
..
Mar. Col. A -Vo.
Mor.Hixdth.AU.
Heniplila ACnaa.
•Mexican cent'i.
•Mex.N. (N. D'V)
(So.Uiv,'
do
do
all lin(u>
July...
MU.U8h.AWe«t.
1st
lat
wkAu!?
4tiiwkjuly
iBtwk Aug
Juno
.
,id
.
wkjul.v
.June
..,
wk Aug
Milwaukef* A N«. 1st wk Aug
Minncap.A.St. L, Miy
Minn.ANii. Woat itbwkJuly
201,0
225,000
180,000
Mi8«.
ATcnn.
N. Y. City A No
cN.Y. L. K A
N.Y.P.iiin.A O,
W
42,000
i;2,ooj
N'tbi.a.stin(S.C.)
1
ToUl.
S5«. 137,500 73,973,6
22,754,300 359.321.400; 8,031.70
K.4ILR0AD EARNINGS.
Latett JSamingM Beporud.
BOAD9.
Week or Mo
Oi-eu,
Jan. 1
to
K.A
.v.
Co
1886.
1887.
18S6.
June
June
AKrie
Phila.
A K. ad'g June
Coal A Iron o June
Pitta. A Wesfri July
I'.'tBiiyal.vAuK May
P'rtU ..y..lAW.C. May
Hicb. Tor. Co.—.
Kutaiii. A Dai', Ju'y
....
F
.
AiliCitaiC'har.. .May
Atlai tir & rac 1 «t \vk Aug
Ball. »fc P()tomaC[Jit
Buir.N.Y.d! I'lill.!l6twk.\iig
S
944.431
83e,.'ilS
1,528,823 1,303,110 10,82 ,4.i8
84,600
511,010
72,695|
36,.') i»
I,«ll,:i71
g.2J4.47a
478.946
16.5,25'2
701,300
633,470
1,570.942
1,50:(,046
9,093
109,471
56,700
29.784
l,l.'i3,313
771.277
44,2(i7
40.6t>6
1,,509,101
],40.i,386
19,2-.-9
14,838
13,331
53,341
219,000
14.542
346,764
4 H,J24
36,'i,!)06
85:!,02
378.297
122,7.(7
61,-
01
RocU.&PilUlKt wk Auk
Bor.Ued.K.<tNo. 3d wk July
Cairo V. A- Chic Iht wk Au^
Aug
19,(>01
wk Aug
81,123
238,000
B'JU.
Cal. Sdutliern
Ist^ik
ICaiiiiliu & Atrc June
Cauaiiiatifacini let
Cr.F'nVVad.Val July.
Ckntral of (ieo..
Ceutralof N, J.,.
Cenlral Iowa.
Ceulral luitlc
Cliarli-st'n A Sav
Chcsaii. iS; Ohio.
June
April
July.
May.
May.
June
Kiiz.fje^.&B-n. Juno
i
Obes. O,
.
&
8,
W.
Chic. <k Alton..
Atlantic
Burl. & No,
Bur. & Q..
& baat..01.
Mil.ASt.P,
* N'thw'n.
Cliio, ti
Chic.
Chic.
Cliiu
Chle.
Clile.
JUi'O
April
l8t wk.\ug
.lune
June
ithwkjnly
IstwkAu.
nine
4tUwkJnly
Chic.i<t.P,M.&0. Juuo
Calc. « W. Mich. 1st wit Aug
Chic..->t.L,APitt8
Cin.
Haul.* D..|l8twkJuli
Cln.fii.l.ril.f,.&(',
Uthw•^Jol}•
CilLJack.lSIMackl.ttll\vkJulv
Oil.. ^. '_'. 1, i.P. :ithM kJiily
Ala. Ot. doiitli 4tliwkJ uly
N. Url. & N. E. 4lli\vl;July
Vtokeli.
A
Mer,'4thwl(Julv
Vicun. «h. <t P.14ihwkJulv
Erlaiiger 8y8l. '4tUwk,liily
Cin.KlcU.vVKt.W. 4tli«kjuly
Ciu.waaii.a Baltmliwkjul'y
Ci«v.Aiir('Ui!t(;ol 4 hWKjuly
Clev.
&
C'uuiiin
01«v.Col.<;.,ii luil
D .nit*!
Kdine
\
.Niirwh
Dnvi'iKi
1''
X
w
Aiiu o.(*nc
19,.i09
394,763
i
243,268
6,017,793
142,777
5,37r.690
119.416
2,73 ,934
2,6l3,5l:(
l,9lil.03r)
314,6,'.5
21)7,992
,luiiO
June
371,448
335,741
4, Of
10,831
19J.116
;%388
18,239
2,039.420
174,044
5.0i9|
8,
.May
'67
206.481
2,951
May
19.50ll
.es.
i
17.;,3()3|
28,321
2'>.701
8.'<,600
80,383
969.1
U
...
22.019
10 1,3501
22.000
298,965
44,076
109,723
674,524
7,210
33,572
38,673
94,000
38.7,0
17,097
130.-3'
74,040
'3
I
j^lbwhJuly
Ht.P..MIn..vMnn.!.luly
;
.
(lai.Uar.A8.A.!.Tnne
Luuia'a West J une
4,«'"2
I.33.419I
46^.410
lii,4'2l
1 1'2..V57
it7.7Jl
1,8V5,368
.541 4 17
18,029
27l,i7^
June
.
Jnne
Atlan'c syal'tu
443,(150
7,865.182^
l»95.«45
10.,454
1,()3'),51«
836.930
644, •>30, 4,035.727 3,723,065,
2.511,
29.095
31,516
ft7',25'«
ivi.3\T
24,2641
884.909
690,469
61,652 2,781,693 2,181.49e
45,2881
250,384
282,97»
19.170
139.2,-.2
SI'S. lijr
6^,096
11.56)
121,304
14,877
22.94
1,834 1.33
529. '135
615. 511
013. 0114
210, 172
,
27,831.
3i2,3»2
17.339
13,j83
00
3,400
17,191
232,101
21,110
28, kOO
114,124
1,382.806
604.708
86,595
34,767
120,-100
38,414
571..52
46.731
66,0
62,419
215,713
201.906
I
.
'
I
ay-
Wboellug AL.E.;l8twk Vug
Wi« .iii»"U(!«i.t'l'4ibw. July
Cblo.Wls.AM IthwkJuly
A Minn
2 0.521
468.523
532,154
ISO^-JOl
•25.96a
,296 068
,1
,590.238
299.682
,S2 4,783
426,121
1
ithwk.iuly
Itnwklillv
115,380
130,708
47,604
13,784
69 .(.89
22,338
45,.2;i
11,481
•17.92.<
.'1,3 -10
13.1531
13.4 13
30.297
11.083
I
766.402
603.787
,747.538
2,176,897
8in,40e
426.053
334.849
283.211
53,200
15,930
101,736
1,346.864
627.666
673.180
395,475
912,.684
2.538.33a
760.394
3,519.044
348.690
367,614
521,010
,233 .33»
31)0.465
,968,834
64.931
460.949
6 9 178
497 9 .5
1
5.58,8511
,79').823
4.544,.5l;il
,023.258
,77 J, 696' 10, 7 6 lOS
6,317 ,213 14 ,758.306
477, .8 -8;
430.143
2,1)94,;975i 2 ,956,151
279,.95 >1
191,510
4.43 13,021, 892
53.50.
361, 184'
I(i7..59-1
3,5 2, -0-)
3,030, 7311
536.3
51,162
208,026
,"43,039
1,553 ,98 4
381,,876
1,942 .019
82,.316
579,.124
48,711
.'.,2,506,8-28 2,2
ItawkJuly'
Wall. K. of Miss. Juno
Ji
:Wc8t
r»ov..
June
.VI
867,929
4,075.453
.
58.733
73,000
61,618
8, «!i2
W)«.
608.992
223,0I»
'.935
1,252.24 <
3,315 5(1
.12,808
19400
..
49
25,358
18,'22l
tV.
3.'i6,077
751,415
."8.178
20.5131
Valley of iibic. luly
440.128
407,338
11,
3,
31,067
33 ,088
021.310
3, 010.-298
(Km
.1-.
(its
j:
1.1
1...
(340,,ilUi
,92
.507!,7i)3l
•
.
,
3
.Mevlcivi currencv.
J
CUo.
aliiclodi.iK since KBb. lat In both y^r- ihi- Ind. Peru
In ithor year.
Ji-r.^ey
New
tNotlncliidluitC.iitr»lof
Ohio.
6 Not ino.udlng o.krulttg8 ol New York Peunsylranla
lui-1 idiu.; nr..u.Mm..i.
I
.8
1)1,587
June
876, 0S6
9,60<'
43.0
47,900
9,500
6,200
20,03
27l,M63
10,338
35.679
22.010
53.748
2,274,854
429.121
2 6.5 6
376,961
A9.I00
21,338
Mln. St.C..v
840,842
246,909
25'),999
,5"2,401
6.901, 770
,329.773
2,304,,-24 2 ,1.53.995
311,,406:
261, 48T
I.8O1..402 1 ,2 19,621
2,080,,20<» 2 ,753,194
26,370.721 23 25<Me4
493,.894,
432.944
l-<3, •JW\
194,17«
1,864,,101' 1 ,607,710
10,I.S4, 498 8 ,720,34%
7,040.,046 6 ,43^.0 iO
1,079,,58 V
823,192
152,,166'
141,864
280.598
118, 00
49.240
28,219
398,137
1
10
29 874
3:i7,583
Tol. AOliio C.nt. 1st wk Auk
lol P. A West.,|4tbwkJuly.
A Aug
8'>7.788
117.791
1,711.887
9.0 17.376
1,205,731
Texas .v riKliii- ;july
Tol.A.A.AN.M'h IftwkAug
Wll. Col.
768.414
118.8S»
389.733
162.397
37,.578
'2,887,200 2,591.7
118,6<i4
1-23,09)
.
Wab. WeHtcru
>.973;
72,419
Total
;J(ine
Stateu Is.Kap.Ti iJuly
N. O-i. June
I'aeilk'.
l,31'i.23»
317,709
135,310
system jjone
A Mex.
I'ex.
Uulou
0.400,305
1,398,07»^
87.H44
34,900
271.782
421.881
6.5,718
I
LAT June
N. Y.T,
Paoitlo
23
264,001
295,0.3 262,566
12,4311.774
S0.081
99,105
687,333 60 ,700
2,199,928 1,983,969
.V
4 15
1,427.35-'
1,45 833
1,091.35 .
103.003
41,908
338,008
6.!1,344
..May
Shenandoah Val. July
Si,utb CarnUna Ijune
So. Pacillc Co.—
.
0,970
33,302
24,225
2«2,19I)
•
latwkAug
Bt.L.A8uu.Fran. 'istwk Aug
SCPaulADuiuthlHtwkAugl
Morgan's
488,780
314.490
8MH.834
1>,5 9
2S2,-208
32.
St.L. Ark.ATex.
Sciot.1 Valley.
•'
8, 123'
16j,.<00
2,090'
57,202, 1,077,')4'»
60,t,M)
307,700
121,700
50,301
StL AltonAT.H ItbwkJuly
Branciiea.
3H3<W
,OS7.93'i
1
9.I-.'4.'203
351.11.4
80-1,217
6>.2.55
39 91.5
38,480
25, 34
47,437
43,996
4,202
88,6 5
7,064
2,625
12,88t.
W««t.yo.C.Dlv July
Wash.O.A W.. Juiy
Ashv. ASpar.. ,luly.;
Rlch.APeteinbg. June
Koiuo W. A ().; June
St. Jo AGd. I»l jlthwkTiily
10:i.01)9
101.790
1,178.796
441.14
ge.'i.SBtf
22,755
Col.A«r.Div..iJ.ily.
160,900
1,819.228
174, 88
1,444,022
.
VH.Midl'd Div July
Cbar.Col.AAu. uly
3,405,411 3,023,291
716,,S35
U9M.402
99,319
99,956
991,140 1,021,785 4,713,503 4.308,098
3.5,fi97
217.100
36.491
227.820
385,832 322,799 2,0611.111 1,819,818
93,744
67,412
483.741
393,170
141,446 122,607
82.J.797
710.268
6.14,049
576,134 2,626.722 2,289,25!)
41.843
32,365 1,241,201
868,039
202,637
1,270,2851
2,140,833 2,148,532 13,276, 107ill,523.359
9-4.272
40,639
41,230 1.100.929
424,000 420,635 13,4(>3,472' 13,093,237
2,166,218 2,118,448 11,799,837 10,779,599
1()7,.S57
142,032 3,154,901 2,,'>68,2 8
550,661
490.27 li 2,99r.,231 2,6 .0,897
80t>.968
79 4, i 44
25,776
25,950l
70,121
65,365: 1,597.308 l,:i09,172
67,231 1,487,2,56 l,410.19i»
66.873
232.M77
H.108'
2 7,834
14,148
100.434' 1,838.133 1,541.247
94,132
U27,5.i8
0.920
32,507!
8
4b,270
337.109
]it,3CB
361,136
17,031
2e!).815
12,7(8
274,7.3
12, 03
227.702
14,409
271,388
13,289
,472
3,00.
1-3,065 176,0841 3,576.303
201,375
12.2101
221,787
11,649,
l,lb,i.744
d wk.Tlllv
{
214.5,^9
5i,7ii9|
10..3PH'
:-3,ll7
OoU H(ick.V.«T. July
&
;-
59,2.38
15,7!i8
a., 141
Clev. & Maricttii I8t wk Aug
Col. &cin. Mid. 4thwliJuly'
Col.
1.51,6(i!»
6't,03
41,542
123 635
1,773,912 1,0> 4,957
1,00 ,762 1,311,840
171,190 145,0 1
IPbll...
AllBEliftiv Vnl.. .rune ...
Atcli, T. .V 8.
July
543.00«
3«>ft,03T
2 (12 -V
1 50 !«8
1.271.407 1,101, 830
43, MOl 1.27O,-.50 1.2 i7.8Hii
845.538 6,111. '4')' 5..509,I7(>
13,079
70.931,
9 I..559
124.018
405,:«)0
luly
Pcter.Hlinri;
1887.
I. .•117 in-,
9.90i.9,-i
317. 2,',
2K.11 11
Pennsylvania... Juno ...
4,911,858 4,330, r 1
Pnoria Deo.AEv. iHt wkAug
J 7,00.)
22,2:i4
iMtttt Dai4s.
1,214.914
.
Northern Cent'i.
Northern Paolfli 8t Wk Aug
Ohio A Miss
1 Bt wk Aug
Ohio Hnuthem July....
Oregon Imp. Co. June ...
3,3i7,(.00
437.(>3(>
I,48i,7!»ll
2.58.877
.
N.Y.ANewEig
N V On t. AW
N.Y. Sus. AW..
N .pfolk A Wc«t
4\000
131,000
Z.33'!.41X
99.71
IM.t
15,1.027 1,289, 807
215,25
1.713.,157
2,779,198 2,677,026 19,504,,923
11,792
Wk July 30
11,012
319,,522
Tune
1,733,470 l,53rt,8ii>< 9,512,,138
489,85"
.Iiine ...
515,731 2,844,,361
333,152 314.310 1,9">',,B97
June
37,0n5
IstwkAug
33,741
850. 086
100,2^3
June
84,037
616,,699
I St wk Auk
83,43
60, 93 2,265,,525
May
37,313
21',,872
36.761
June
554,40
432.537 3.081,,593
.
Na«h.Ch.&8t.L July
N.y.Cen.AH.R. Inly
46,000
44.800
841,'331
118,077
37,382
24,609
170,-91
Jily
llH.2t3
184 239'
190,413
lrt,6i3
June
.
Mihlle AOIilo.
3,098
DM.
S.A1I.M3
0n\.-t>2,
8^«,7.'4'
B25.0-.0'
75,040
4.'i.5SI
67.6
111,879
4»i
4'>.4.'M)
10,200
2.6'>6.80
1,219,900
183.2001
2,173.800
ida.xao
l,0'3,i>00
17.8;0.20I) 8,791.400
949,600 18.699.000
893,100
7.8.^3,000,
SlHOOO
7,7 74 Olio
221.000!
8.3(!0,iO0
8 9,000
4,164,000
24 I, "00
6,032,000 l.»01l,20
6..'i2 ..-Oil
20.11)7,1(10 3,720.> 00 l,19l!4()0 19.302 300
234 .000
4. 6 < 1.900
1,686 900
4 870 100
ISl.^-Od
1,421,200
1S7,000
1.211.100
23,1,500
2.:<e3.100
364,800
2.311,400
158.300
2.291.600
496,400
2,886.1(10
a591.S00
83.600
386.('00!
2.26'i.3O0
8.H8H.200 1,253.000,
329.3011
6.V6<J.(100
3,«72..-t)0
9i7,000
67,000
3,XM.»00
2,230.000
134.500;
492,1.00
2.850 200
2.432.600
106.00
38 1,300
2.655700
3.4«1,(:00 1.019,000
7J,600
3,615,700
a.2Sl.(llU
675.^00
130 000
2.896, 00
l.»92,400
408 600
106 :00
2.090,700
17,P6H,.iO
SecoiKt Nittio al
46,000
2l6,»0l
737, 00
219.(100
Park
North River
Eaat River
Fourth National
'42,206
a.7»>'.500
2,''»«.000
3.0ti9.40U
2 1104.000
& Tnul.
8. ".if. 100
a.787.-l<iO
NaMsau
......
Uarkor
St. .Mch laa
Shoo tfe [.wither...
Coru Kxcliauge...
H'.'O
2.73-),300
4.89 ^' 00
17.407
,^0.&00
I
5,721
92,80fl
K2.2;l7
ilett
om.'^wt
2,772.9 H
15,904
6.539
63,818'
Dec *8pr July
Jack. T. J: K. W, Jdiio
ICC.Ft.8.AOulf.;.<a wkJuly!
K<ui. C.8p. A M. 3d wk July
lan.C.'l 48|i.i3 I wkJulyl
Kentucky Cout.jJuiie
KoiiKUki Wiwt.UiliwkJuIyi
854,900
287.600
132,900
219,400
634,0
104^00
2
!
tnrt.
46.iill.<
42l>.tiOO
521,700
llVilift
Cfttl/tnia'
Cunliiielital
128,700
.fiilv
1».020,
33
20«,<i87
I
t.
2(ln.,59jl
109,719
1 H,.-.4 !
;
llhwkjillyl
22.43'.!
22.'1<I7|
fto.oir
juif
lo
1
1441,840, •4,3«0,017
8.^.74/
. IV74.70m
u,38j:
no,
Jan.
vun.
II
20.5 10
3ft7,H'.3l
Kttll8A8,C.{july
Tot. lowHliuea July
Total all line*. July
Ind. Bloom. ,t W. Utliwkjuly
l,0;><l,0 10
50.*«a'
19,037,
123. I7H
WkJuiy30|
Juno
I*.
(
I
4iliwl.Jiilv
F.it.Mln. July
Dnb.ftfllouxC July
00
1.207 400
1,1-H8(
'
,
Owlar
1,933,000
140,300'
2,95 1.60
1,»SS 000
8 ,'0O
1,311 I'OO
8ri''.«00
224 1 JOO
S.f9>.l'>0
3 405 000
1.h88,h»0' 1,H60 000 U.'.U
Iti.O'i'.i 000
17.8«4.H00| 2.174 VOO 1,0 H.3
11,253,000
1,006,300
284.600
6,2>'a.40
4.932 90
1.430,10
7.338,1-0
470.200
7,ll)!.41i0
etal.'of N. Y...
Ainerii-'n Kxcll'ge.
Coliinicrce
Fifth
2,204.900
Juno
i'acitto.
or. Hi|^ A lud..
Ot»o(I Trunk
On.llay W.ASt.P
Ball Col. AM. Kc
aou«.ATeT.(%inl
DLOHni.dU.iSM.i)
4 (>77,K(N
8H.-,00,
>
I
2700^0
746,7'0
994.000
1I.494,S(I0
8«V(<iith Wiinl..
Oriental
Imiiortera'
7.:00
2.98'.i0<)
ll.tHl.-'OO
8 6.9,(100
M»H-haiitc»*
GrwiiwU'h
lA»iitii('r Muimfra.
•
l,451',60'l
2|i.7.')2.:00
ST9,-00
S\i 100
wk Aug
liiuOliy 4lliwkJury!
(i,e:i3
Buti-htMii* t& Diuv.!
A TraJ
1
I
I
97,.'\fiOl
00
000
K.7UI
I
00
3U',I00
2»1,' 00
8,<0,' 00
2 I', 00
•
I
r 18M,
1887,
H87,
102.000'
102.000
.Iiilv
tiiiy
'•
51.600
10,8-0.'' 00
it-iO,
ARIoOr latwkAuff
AK. 0,W
'•',
E.
Iiwk lulvi
hvaMK..viii.ri.iw Nt «k Aug,
RvitiiRV. A T. II, lot uk.Viig
P^tnr , p, Mani, .itliw« Inly
V Vrv.Co. liliwkjiilv
s
a.i60."oo
H.HtfH.IIUO
Manlinttan Co
l>-n»
•
lO.Pl'K.OOO
iAvr liaiit«*
Mii-tuiDlrV
Daot.
of
Svtet*.
$
New York
Kaminat Heporttd
L<Ut»t
WetkorUo'
Di'
Loan* and
Uucountt.
209
RoAna,
1887:
Avngt AnumrU
Ainltt.
1
1
HONK 'LK
cotjiiition
wtwU ending Aunust
1
I
A
A
13 1,127
103.907
'
;
:
THE CHRONICLE.
210
[Vol,
XLV.
$27,910
Operation of lines in Texas and LouiBlana
8,751,810
Interest on bonded debt paid and accrued
530,191
Interest on notes and accounts
560,856
Betterments and ad'tltions
778,500
Central Paclflc Kailioad Sinking Funds
418,271
Central Pac. RR. sinking fund In U. S. Treasury
Net profit of Cf n. Pac. lines for the year ending
1,324,998 ?12,1P5,563
Deo. 31, 1886
%nmsinxtnt
AND
$642,136
Deficit
Against this net deficit for the year the balance sheet has
The iNVKSTOKS' Supplement contains a complete exhibit of
the Funded Debt of States and Cities and of the SCooksand the items: " Due from lessor properties under lease of March
published
1, 1885, being deficit from operations for the year 1886, payable
Bonds of Railroads and other Companies. It is
on the last Saturday of every other month—viz., January, from subsequent operations of same properties, $743,525
and
is
furdue from other leased lines on operations for the year 1886,
March, May, July, September and November,
nished without extra charge to all regular subscribers of the $79,234 total, $822,759; leaving asurplusjbalance of $180,633.
the
subscribers
of
to
The balance sheet shows the stocks and bonds of tha
ijHRONiCLE. Extra copies are sold
controlled lines owned by this company not essentially differOhp-onicle at 50 cents each, and to others at fl per copy.
ent from those given in the Investors' Supplement.
There is in assets the item of $3,147,034 due from the Central
REPORTS.
Pacific Railroad Company.
;
ANNUAL
Southern Pacillc Companj.
CFor the year ending Dec. 31, 1886J
GENERAL INVESTMENT NEWS.
The annual report for 1886 of this important company,
which leases the Huntington lines west of tJie Mississippi
Eiver, has just been issued. At this late date it is given in the
Chronicle as a matter of record. The mileage operated in
1886 embrawd 3.148 miles in California and west of El Paso,
Texas, and 1,697 miles east of El Paso called the "Atlantic
System," making a grand total of 4,846 miles of railroad,
besides the steamboat lines in California and steamship lines
New Yurk
New
Railroad Net Earnings.— The following table shows the
latest reports of net earnings
KameofRoad.
Allegheny Valley
Burl. Cedar
not heretofore published,
Jutie.
^Jan. lio June 30.^.
.
.
Gross.
Net...
B.& No.. tiroas.
Net...
Cape Fear &Y. v.... Gross.
1887.
1886.
$
$
165,252
57,«20
217,446
26,819
17,984
7,490
385,83J
110,649
202,637
56,255
677,241
297,7eo
111,822
10,047
297,921
98,832
338,003
95,019
444.731
214,^72
2il,9U>
117,491
151,663
53,098
218,li!4
41.494
14,72J
1887.
1886.
$
$
944,431
$=36,518
340.32i
294,848
1,372,471 l,2ti.i,n33
319,702
288,732
1^3,468
104,871
57,460
52,404
2,060.111 1,519,818
597.803
503,719
1,270,285
331,575
3,555,537 2,879,942
l,398,3u0
916,778
920,794
731,477
Orleans.
Mr. Leland Stanford, the President, remarks in his report:
"The cocditions of all the leases with the Central Pacific
contemplattd such changes as might from time to time be
necessary to place the interests of each on an equal footing.
They were thus subject to re-adjustment as to rental, so that
no compnny should be benefitted at the expanse of another.
The operation of all lines by the same company is practically
a general pooling arrangement whereby each road receives the
advantages of the operation of the whole system, and at the
eame time retains any special advantages incident to its particular situation." * * * " The leases of the following lines
which were theretofore leased to the Central Pacific Railroad
were on November 1st, 1886, leased direct by this ci^mpany,
namely Amador Branch Railroad, Berkeley Branch Railroad,
California Pacific Railroad, Northern Railway, San Pablo &
Tulare Railroad.
" All obligations under the former leases of these roads, on
the part of the Central Pacific Railroad Company as lessee,
were on the date named assumed by the Southern Pacific
Company, and the Central Pacific Railroad Company thereby
relieved therefrom, except the obligation as to the guaranty
qI bonds and interest of the California Pacific Railroad Company, the Northern Railway Company and the San Pablo
Tulare Railroad Company, which had been made by the Central Pacific, and which that company could not therefore be
legally relieved from. As to these, however, the Southern
Pacific Company has agreed to indemnify and hold harmless
the Central Pacific Railroad Company against any liability
arising out of such guaranty." * * *
" The trans-continental rate -war, which commenced on February 18, 1886, continued till after the close of the year.
During this period the trans-continental rates were unreasonably low, and doubtless in some cases below the cost of carriage. As the liufs of the cimpariy form with an unimportant exception— the western portion of all trans-continental
routes terminating in California, as well as the whole of the
Sunset Route between the Atlantic and Pacific, the income of
the Company has been affect* d to a very large extent by this
struggle for trans-continental trafiic. The enormous increase
of trafiic which we have carried at war rates has been accompanied by a large increase of expenses so that the net results
for the year are lees than for 1885. Since the Inter-State Commerce law took effect, April 5, 1887, the trans-continental
lines have made an agreement whereby rates have been practically restored."
The report refers to the arrangements made for the finishing of the Central Pacific line to Oregon (already approaching completion) which have heretofore been noticed in the
Net...
5,063
•Chesapeake & Ohio.. Gross.
322.799
Net. .
71,774
Chlc.Burl. &No
Gross.
Net...
Denv. & Elo. Grande. Gross.
555,386
Not...
202,278
Louis. N. O. & Tex... Gross.
101,673
l:i,7R0
Net...
!i-^9,866
l:S2,373
Ohio & Mississippi... Gross.
308,119 1,'*91,S24 1,730,720
Nit...
83,462
611,8i)2
423,957
Gross.
Oregon Imp. Co
271,782 1,804.402 1,239,521
Net...
86,120
429,524
21:1,299
Oregon B'y&Nav. Co. Gross.
481,735 2,2S0.909 2,331.313
Net...
210,014
8:t5,80l
927,790
Gross.
232,101 1,382,865 1,24H,854
KomeW. &Ogd
Net..
89,618
537,234
462,753
Southern Pacific—
G.H.& San Ant.... Gross. 215,713 201,966 1,^58,583 1,233,339
34,7-15 def.2,909
Net...
200,640
8^,650
Louisiana Western. Gross.
65.718
48,710
381,876
30,',465
Net...
31,259
21,333
163.811
144.018
Morgan's La. &Tex.Gro88. 295,023 262,566 l,94i019 1,988,824
Net...
C(»,655
10,556
301,293
442.316
11,774
12,438
N. Y.Tox. &Mex... Gross.
82,516
61,931
2,:i62 def.10,665
Not... def. 074
352
Texas&N. O
Gross.
9',105
80,081
579.121
450.949
Net...
44,753
34..571
V49,579
182,137
Tot. AtL Sy8tem....Gro8a. 687,333
605.760 4,54 1, 519 4,02;f,258
Net... 170.778
b3,(>02
922,636
845,712
Tot. PaciflcSystcm. Gross. 2,19>i,928 1,93:, 969 11,773,696 10,7:^6,108
Net. .1,082,759 1,024,540 5,172,007 5,31(1,342
Totalull lines
Gross. 2,887,260 2,591,729 16,317,213 14,758,368
Net.. .1,253,536 1,088,442 6,094,693 6,162,054
The following statf ment shows the income and expenditures
Of the company for the year ending Dec. 31, 1886
"^ ~"~~
very definite published yet as to the affairs of this company.
It is stated that the preferred stock issued amounts to $3,750,000, of which $1,800,000 was deposited as security with Mr.
from
and
:
&
—
;
Chrokiclk.
:
INCOME AOCOUKT.
Tnlal,
Paeiflr S;/slem, AUanlic System,
T,
Item,.
_
8,14»96J/.7«
of Road.
,
Operating ejpenscB
l,6t»7-5.5
*/««'
of Itond.
of Ilailroaa^^
ilmaeamLines
12.020,84}
6,49i:80«
ij.sujl?
arnlngs over oiier. ex.. $11, 190.41.5
rcctlveJ
505,791
$2,092,910
SlslTsriJrt
BentaU
Total surplus
$11,696,208
^:^!^:!;;;;;""-
^«IS
Add in terobt and other inc*iu6
Total Income of the year
/-,.., . ,
Out of which 18 payal,,le
•
.
'
64,W0
sijil^TlO
J^
Moilai
sliTITgi;
^-^^
"
Earnings given under
*^^'5??'P?
itTTT^T^
Til, 053,431
head
last
week were
for Ches, O.
&
So. yf.
—Treasurer Goodwin gives notice that
interest at the rate of 3 per cent for half-year ending June 30
will be paid from net earnings of company to holdeis of
income bonds of record Sept. 1,
Central of Georgia.—The Boston News Btireau reports that
the Georgia Central syndicate has formed a corporation
called "The Georgia Central Co." in whose treasury the syndicate deposits its 40,000 shares of Georgia Central, and §400, 000
cath as" basis of capitalization. Upon this the new company
issues $4,000,000 5 per cent trust bonds and $13,000,000 of
new stock. Bonds have all been taken by a foreign syndicate at 95,
Cliicago Milwankce & St. Panl.— The gross and net earnings for the half-year to June 80, in 1886 and 1887, were aa
below
:
Gross earnings
Operating expeutes
Net earnings
1887.
$11,193,471
7,530,541
18P6.
$10,637,876
7,137,166
$555,596
393,375
$3,662,930
$3,500,710
$162,220
Cincinnati Hamilton
& Dayton.— fhere
Increase.
has been nothing
Girrett.
Messrs. Ives and Stayner resigned as officers of the company and Messrs. A. S. Winslow was chosen President and
Christopher Meyer Vice-President. Mr. Julius Dexter was
elected a director and Messrs. Meyer, Waite and Dexter were
appointed a new committee of investigation.
Notice is published that all p st-due coupons of the Cincinnati Hamilton
Dayton Railroad Company, Dayton
Michigan Railroad Co., Cincinnati Richmond
Chicago Railroad Co. and ;Ciccinnati Hamilton
Indianapolis Railroad
Company, and all checks for dividends on the common strck
and series
and B of the preferred stock of this company,
will be paid upon presentation at the office of Messrs, Winslow,
Lanier
Co.. Equitable Building, New York.
Henry S. Ives
Co., surrendered $5,259,400 of the new
issue of $10,000,000 preferred stock.
&
&
&
&
A
&
.'...'.'.'."..
this
California Southern.
&
Chfcngo Bnrlington & Quiney— Chicago Burlington &
Northern. The Boston Herald eays: "Negotiations between
—
—
:
AuauST
THE CHRONFCLK.
18, 1887,]
comn\ittee8 of those roafts were brought to a satiaraotury
conclusion yeaferdny [Thursdny], but the conclusion Ih not
what tho public bus Iw^n looking for. It riith^ r fxp' cm
an announcement of con-oliclntion. The concUi-ion ih to
adopt a Byslim of arbitration on all queetiona «f r>ttm
and busini'iw. Durina; the Uat four or five mon'hH (he
Chicago Burlington & Quincy has directed the conduct of
traflicniattfr8, and ratestor the Burlington
Northern roid
have leen made with reference to the general irit< rest of iho
ChicsRO Burlington
Quincy syateru.
This course the
Northern roud has claimed,
with
apparent justico,
bus led to a large loss of
the best paying trHfUc,
more especially since the advance in rates when
tlie lifter -State law went into effect. The Burlington & Northern road is so favorably sicuat*'d as to grades, &o., that it can
haul busineRS cheaper than its competitors, and thrive best on
a medium or reasonably low tariif. It will now utiliz>i fomof its natur.-il advantages and no doubt impiove upon the
fairly satisfactory returns of the first half-year. Aiitici|>ating
an enlarged trHdic, the road is h iving 15 heavy locomotives
and 200 l)ox oars built. The question of the purchase of the
&
&
Burlington
up
&
Northern road by the C. B.
&
Q.
was brought
in the negoliatiorrs, but
no satisfactory terms could be
made. It is understood that Burlington & Northern peoplu
SutahiKher value upon the property tlian C. B. &. Q. is
ispcfed to pay, Kud that the matter will rest there for the
&
prtsent, BuilinRton
Northern being given a chance to prove
the justice of its asking price."
Denver Memphis & Atlantic. —Tho MiMouri Pacific issues
a circular announcing its control and future operation of the
Denver Memphis & Atlantic, now completed from Chetoiia
to Larned, Kan., a distance of 293 miles. Trains will make
close connections with the Mis.-ouri Pacific proper. The line
runs through a fine agricultural country.
East & West Railroad of Alabama.— This company has
completed the connection with the Georgia Pacific road,
giving it an entrance into Birmingham and the Georgia Pacific
a direct connection with valuable coal lands.
& Western.—This
Florida Central
for sale in foreclosure
railroad
advertised
is
on the 7th day of November,
1837,
Newport News & Mississippi Valley.-The statement of
the Chesapeake & Ohio Division for six months ending June
30
is
as below
:
188(J
Gross earnlnffs
Operating expenses
to so'iea
1
$?,0ao,l"l2
$503,719
»597,602
$192.«30
B and currency
l,i0^,309
Itonils
Interest iiud principal paid on tqulpmeut trust obligations
143,70fi
4S,cioo
Taxes
Betterments
_
115,000
Total
Bnriilus overcharges otber than interest on series
reucjr bonds
New York
Central
by the company for
June 80 is as below
the quarter,
l-tS7.
Net earnings... $3,278,464
First charges
1,957,200
Surplus
cur-
$101,405
and
for the nine months, ended
9 Moniha ended June
3i>
18SG.
1887.
188ri.
$7,570,411 $25,746,981 $2],7Sy,'Jl4
4,811,131
16,325.555 13,732,701
$P,43l,126
5,871,600
S8,0".6,513
1,9.*«,000
$803,2S0
891.233
$3,549,326
2,682,819
$2/737,513
894,-.i8J
.$420,981
def.$31,C03
$366,977
$">4.664
$2,729,280
Erl- & Western.— In the balance sheet of
this company, submitte 1 as of June 30. 18fe7, to the New York
State Railroad Commissioners, the floating debt stood as follows in comparison with Jimc 30, 1886 :
June 30, 1887. June 30, 1886.
„,
Bills payable
Interest due and accrued
DlTldend unpaid
Due for wagcM. Ac
Due companies and individuals
Erie coal companies
Due account Irattio
Eentals
Bondiies
Total gross
Bills receivable
Total*
$634.0J0
$21,000
1,017,210
7,038
1,898,989
1,019.534
7,688
465,096
207,ti;i7
510.105
17,082
774,608
831,536
8'0,rt61
59'<,203
Ixchango- New Securities.-The Com-
Stock
&
city.
Northern PaciJle.- The monthly statement of this company
for June completes its fiscal year, and a summary of the
year's operations will be found on another page of the Chronicle in the editorial columns. The land statement for tho
year ending June 30, 1887, and the stock and debt outstanding
are as follows
Divisvms.
—
Reeeipti this year.
12<,«>26
Caah.
$101, '03
379.711
158,8M
4b8,3.:4
334,036
aaUs,
26.573
OiLers
.
$U'<,421
372,850
Acres.
Mlnn.&Dak
.Mo. &P. d'0
Total
$IP4,''07
9.54,275
Individuals
1,01B,702
1,286,548
513,724
$4,664,393
$17
',825
l,U;6..l4ij
IfiiA.'J.ii
$272,111
,
$960,59»
1,164,291
Total Hales, including town lots, timber, &c
815.251
Total rcceiiUs In cash
272,111
Total receipts In stock
LAND
SALES.
I'AYMENTS,
ACCOIJ.NT
DEI'ERRED
$1,138,119
Applicable to ictiremeut of preferred atnck
1,570.616
Ai.pllc.ible to retirement of Mo. A P. d'O. Dlv. bonds
1.178,931
.\lipllcable to retirement of general llrat mortgage bonds...
Canceled this year
$1,180,410
Ket floating debt
$I8?,983
•Oilier afwets in the general bslance sheet June 30, 1837 are the
advances to Chicago & Atlanilc, $1,844,970; to the Krlo Coal Co,
$2,('31.';38; to other comoanies. *8i!1.495. and sundries, $1,50,203.
The supplies on hand were valued at .$1,196,527.
N. Y. Pennsylvania & Ohio— N. Y. Lake Erie & Western.The modifitd lease of the N. Y, Pennsylvania & Ohio to the
Erie Company took effect from April 1, 1887, though not
ratified till July 20.
The London voting trustees in a circular
state briefly the changes in the lease as follows: faj The percentage receivable by this company on its gross earnings up
to $6,000,000 is to remain 33 per cent, fbj Such perc?ntage
on entire gross earnings is to be increased by one-tenth of
1 per cent on every $100,000 of gross earnings exceeding
$6,000,000, until $7,250,000 is reached, when this company is to
$37,786,ll»
Balance outstanding June 30,1887
FUNUFD DEBT.
»
Dividend certincatfs
Mo. A P. d'O. Dlv. mortgage bonds
General flr.st mortgage bonds
General second mortgage bonds
^*'f*?-^sk
-i'XSS
IS'^A ,
20.000.0^0
•
«?
-
Total interest-beailnp funded debt
for sinking funds
'^•JsTiS'f'^A
$502j8UO
Bonds purchased
Oregon Improvement Co.— The gross and net earnings for
June and from Dec. 1 to June 30 were as below:
Juhe.
.
$i,376,154
$1,699,910
$3,887,668
$38,058,310
272,111
Total
Preferrfd stock outstanding June 30, 'e6
1,366,8 8
424,079
—
Stock.
$272,111
310,365
$960,566
$815,251
SALE?, &C SINCE JDLV 1, 18S0.
1,5''6.478
23,3n6
$5,576,064
Po»A offsela—
Cash on hand
New York
mittee on Stock List of the New York Stock Exchange have
added to tho list |1, 370,000 additional first mortgage 5 per
cent 40-yf ar gold bonds of the Minneapolis Sault Ste Marie Sd
Atlantic, making the total amount listed to date |4,000,000l
Also $890,000 additional first mortgage bond certificates of
the St. Louis Arkansas & Texas Railway, making the total
amount to date $1,191,000.
N. Y. Susquehanna & Western.- JT/ern'/w'* says that suit
has been brought against the N. Y. S. &W. RR. Co. 'for interest
on its defaulted debenture bonds that have not been deposited
under the refunding plan, by Messrs. Abbett
Fuller, on
behalf of a Mr. Ward, of New Jersey, and Mr. Lyon, of thia
310,355 acre* for
2,(;S2.849
&
&
5,319,0J0
New York Lake
Due by agents
Due account of traffic
Duo by compunics and
receive one-third of the entire grose eamlngii. fc) After the
loflses of the Eiie Company, if any, in working tlii« road
haT*
been li(|iiidated, and '.00,000 acoumulited and maintained in
their hands as a guarantee fund against any future los*. all
further profit shown by the Krie nc<:ou(itH shnll be divided
equally lietween the two compuni.s. provided that the shar*
01 this company Hhiill rot exceed IIOO.WX) in any one year (or,
on certain c .ndiiions, fiLIOOOO), whiiih extra profits, bowereiv
are to b*- npent in improvementa on thi» tow\.
The P>ie Company under the lease gu.irantWHi to carry OTOr
thisro;dat least (50 per cnt of all it-i oastbrnnd-throuvh
traffic and (16 per cent of all its westbouiil tliroiiifh trafflOL
or t.) make up and allow for the dutivienry. (It lias not coiv
trol of the route of a considerable part of its through traffic.)
By tho new arrangement t' eae minimum percentage* are
increased to 55 and 70 per cent respectively. It is further
agreed that, instead of $70,000 per minth a^ fined by the
lease, tho Er ie shall pay to this company $100,000 per month
on rental account, beginning July 1, 18^7, bf sides the $340,000 half yeirly, viz, rebruary 15 and August 15, to meet the
prior lien interest.
Claims of t e Erie against the New York Pennsylvania 4;
Ohio have been definitely settled by the latter company agre»ing to pay 1135,000 in full discharge of all deman<N, of whioh
Hifl,000 have actually been paid.
The trustees' circular ad ia :
" It is fully expt-cttd that this arrangement (by which a complete settlement has been made of all open questions, pecuniary
and otherwise, with the Erie Company, and tho relations of
the two companies under the lease put on a satisfactory basis)
will lead to a substantial increase of traffic and net revenue.
This is cert'.inly the view of the leading representatives of
both companies.
The relations between the Chicago
Atlantic and the Erie and New York Pennsylvania
Ohio companies are now on a satisfactory footing', and the first-named
company, by the aid of the Erie, is largely increasing its
business."
Amount
$l,3Jl,2«4
qr.)
and
211
:
Groea earnings ....$8,636,374
Operating expenses 4,357,910
0.
B
$496,336
& Hudson River.- The statement iesued
Quarter ended June 30.
Profit
Dlv. pa.,(l p.
8S7
¥1,819.818
I,316,0t8
Surplus
Fixed charges prior
.,
1887.
— 1886-7.
Dfc.
.
.
1886.
1 to
June 30
—
1885-6.
$338,006
Grosseamlngs
Operating expenses..-. 242.987
$271,782
185,662
$2,544,988
1,714.242
$1,877,583
1,316,393
$95,021
$86,120
$S30,746
$531,191
Net earnings
Oregon Railway & Navigation.-The following is a statement of the gross and net earnings of this road for Jane and
for the fiscal year
:
June.
1386.
$l4J,7.n
$481,735
Gross earnings
241,7^1
Operating expenses.... 230,150
.
1
1887.
Net earnings
$214,572
$240,014
.
Juli/ 1
/<
June 30.^
19S0.
1837.
$3,2 9 sa 18
$S,MSJV41
2,905.610
2,988,057
$2,329,638
•2,?6l.4S4
time allowed for the deplan
posit of securities under the Reading reorganization
expired on the Ist of May; the trustees have since permitted a
on
large number of bondholders and stockholders to come
oC
special terms. In the last three months nearly $3,000,000
Philadelphia
& Reading.—The
m
.
.
. ,,
THE CHRONICLE.
212
bonds and stock have been presented and admitted by the
[Vol XLV.
^e^jorta anil jtjoatmcuts.
trustees.
amount
Tbe following statement shows the total
deposited and amouut ouistandiag of the various issues up to
the close of busmess on Auuust 5
issue,
Oiitstaniling.
6,0(10,000
Deposited.
$lw,430,i 00
5,0011,000
"l5O,055
4,474,000
Issue.
Cten.
$19,dsS,O00
mortgagees
Do.
s
cony. adj. scrip...
$256,000
9,8''2,t'30
9,711,945
FlrstSs
7,71-,600
3,241.5ii0
Beouud .8
6,7-24,50u
630,954
0,702,500
492,385
S.itt-.OOO
5,417, JOO
22.0'
38,f6:»
Sl.tlOO
052 2C0
62W,700
1,103,000
22,500
7,000
Inc.
and
l)eb. G. scrip
Convert. 7s
Debeuturt) RR
Uo.
C.
&
I.
Co
1,1111,100
638,350
638.850
39,474.yil
Preferred sionk
Coiiimoii Biofk
I>eferrt;d luc. bonds
,236,900
38,92b,2(.0
20,0 1 ,b00
$117,133,815
$111,30D,780
2i
Totals
The Philadelphia Inquirer says
."SCO
of this
:
U
546,7
225,11
1
$5,824,033
" Of the outstand-
ing general mungage 6f, $100,000 are owned by Edwin Par"
6one, |5,000 by W. JJ. Eooiuson, complainant in the foreclosure suit, and the bilance by persons scattered all over.
Some of the iucomts are held by persons who expect to get
par and interest for them when the company is reorganized.
Outside
Xlearly all the firht 5s aie held with the same object.
of toese issues, however, the security holders of the company have accei/ted the reorganization plan with singular
unanimity.
" he assessments to be collected on the securities already
deposited wculd amount to $11,836,478, but for the fact that
in the total are included those bonds of the company issued as
collaiernl.
These securities are largely income and secood 5s
bonds, and tne asstssments upon them amount to several
hundred th usand dollars. Si ill it is assured that the truntees
willgi-t neatly or quite $11,500,000 in hard cash, three-quarters of which has been paid already.
"The reoiganizatiOQ of the nffiliated companies is also
making good progress. In the last week $482,104 of Schuyltill Navigation securities were dej^osiied and $11,524 of Susquehanna Canal bonds and stock. There retnain outstandini;
^l,l33,S40 of Navigation securities, of which $185,268 are first
moitg-'ge bonds, $297,760 second mortgage, $143,000 third
mortgage, $3-i,.'i00 improvement mortgage, $154,450 boat and
Nearly all ot these securities
<-ar loans and $32i),H62 stock.
are ht-ld abroad. Hereafter a penalty of 2 per cent will be
d
on depusits.
exact" But Ittile has been done in Susquehanna Canal matters, as
of
the largest holders are not in a position to make their
some
deposiis at this time, Tnere are sttU $1,492,488 of bonds and
«tock outstanding, of which $872,210 is stock and $465,823
I
third mortgage bonds."
—
Railroads in New York State. The returns of the fol
lowing roads for tae quarter ending June 30 have been filed
at Albany
NEW TOBK LAKE ERIE & WE8TEBK.
:
^Quiir. end. June 3o.->
1B87.
1886.
$17,714,826 $16,2 3,109
1-', 196,530
11,343,495
$6,03.<,6.',0$5,!i80,738
Oross earnlni^s
Operatlug expenses. 4,<iB4,5d5 3,H39,293
Net eamliiKS.
Otber iDcuuie
.
moa. end. June 30. —
—91886-7.
1885-6.
.
.$1.949,< 85 $1,741,445
293,- 23
.
344,920
$5,518,2i-6
$2,2t2,908 $i,090,365
1,866,207 1,878,053
$6,'ib2,447
Net income
Clarges
$>7H,701
Surplus
Gross earnings
$212,312
Long Island.
,
1887.
$79-<,392
Operating expenses.
474,668
.
1886.
$74-f,090
47.^,589
744.151
5,6^2,330
$1,874,614
787,374
$.5,6
6,988
5,64!',924
$640,117
$17,061
-Hurt. <t Conn. West
1887.
IhSH.
$81,758
$78,7 6
6/,874
70.43.<
—
ABSTRACTS OF RAILROAD MORTGAGES.
The publication
of the provisions of
some
of the leading
mortgages of the Chicago Milwaukee & St. Paul Railway is
completed to-day, and we commence the publication of similar abstracts of new and important mortgages of other roads.
In the present number we give the Fargo & Southern mortgage of October 10, 1883; the Terminal mortgage of July 1,
1884; the Dakota & Great Southern mortgage of January 1,
1886
the Chicago & Missouri River Division mortgage ol
July 1, 1886, all of them St. Paul mortgages. We publish also
an abstract of the mortgage of the Omaha & St. Louis
Railway (formerly Omaha Division of the St. Louis Kansas
;
City
& Northern),
dated June
1,
1887.
CHICAGO MILWAUKEE & ST. PAUL.
MORTGAGE ON THE FARGO & SOUTHERN RAILWAY, TO SECURE BONDS DUE JANUARY 1, 1924.
FIRST
Date.—October 10, 1883.
PariUn. — The Fargo & Southern Railway Company, of the
first part, and the Farmers' Loan & Trust Company, Trustee,
of the second part.
—
Property Covered. The railway extending from Fargo,
Dakota, southerly by Wahpeton, Dakota, to Ortonville, Minnesota, together with all extensions and branches northerly
Ortonville, whether now constructed or hereafter constructed or purchased including all
lands, buildings, supplies, and " all other property whatsoever,
both real and personal, pertaining to said lines of railway,"
with all rolling-stock and equipments of every kind and
description now owned or hereafter to be acquired together
with all franchises, etc. Before bonds are issued the railway
shaU be equipped as provid d in the mortgage of the Wisconsin
Minnesota Division of 1881. [Chrojsicle, V. 45, p. 145.]
from Fargo and southerly from
;
;
&
THE BOND,
First
Da(e.— October
Denomiti'tii
in.
Mortgage 40-jear
6 per cent
Gold Bond.
10, I8S3.
— $1.00iieacli.
Amount Authorized.— S\,2oi),000 on
the railway extending from Fargo
ormiiviUe and $;0,uOU per mile of railway herctfter constructed and equipped.
Coupon or lie,, istere i.—Cmipon.
Intt-resl PayiMic. The iutiTCHt is 6 per cent per annum, payable January 1 and July 1, in Uniie'l States goM c lin ot tliesandard of 1874,
at the comp.my's offloe In New Yoi Ir Citv.
Principal f'ojjuble.—'Thts principal is piiyahle January 1, 1924, In
Ui iteri States told coin of the standard of 1874, at tUe company's
ottiee in New Yi)rk City.
ti>
Sinking Pund.—Soiie.
Dffai),U.
— Provisions
substantially the
same
fage of the Southern Minnesota Division of
'.
as in the mort-
1880.
rCHEONiCLK,
45, p. 114.]
—
Foreclosure Sale. In case of the sale of the property under
the foreclosure of this mortgage, and in case a majority of the
bondholders shall in writing request the trustee so to act, the
trustee is authorized to purchase said property for the benefit
of the bondholders. In the event of purchase as aforesaid,
the title to the property shall vest in the trustee, ami he may
take measures to organize a new company upon such terms as
the holders of a majority of the bonds may direct.
Trustees.
Provisions substantially tlie same as in the
Dubuque Division mortgage of 1881. [Chronicle V. 45, p.
—
Net earnings.
Otber incoiuo ....
$c>2.(,'34
$272,501
i3,t98
$11,31.1
144.]
25,2=0
Total net
$3(9,014
1»7,8H4
$296,199
164,305
$12,092
14,000
TERMINAL MORTGAGE OF THE CHICAGO MILWAUKEE & ST. PAUL RAILWAY, TO SECURE GOLD
BONDS DUE JULY 1, 1914.
Charges
Surplus
$151,150
^Stir. Bitig.
Gross earnings
Operating expenses.
1887.
$2iib,950
1 1 ,w79
1
Net earnings
Other Incumo
$96,971
5 4,000
$131,8j4
<t If.
Y.-.
1886.
73
$4,287 def. $1,914
-Bel. Lack.
<t
W.'
—
$li»..,501
1887.
$1,62 ,633
118.502
833.406
$1,3»-<,721
672,3'i2
$76,999
7=7,^27
$7.6,342
ISSfi.
Date.—July 1, 1884.
Parties.— The Chicago Milwaukee & St. Paul Railway Company of the first part, and the Farmers' Loan & Irust Com-
pany, Trustees, of the second part.
Properly Cucere^i.— Certain real estate in the cities of ChiTotal net income. $15i),97l
$7'<7.227
$76, 99
$716,342 cago and Milwaukee purchased since the date of the consoliCharges
48,0 >5
4>,850
552,74n dated mortgage of
551,249
1875, outside of the right of way of the
Surplus
$102,al6
$31,149
$235,978
$163,593 company, to afford additional terminal facilities; also a
strip of land traversed by the railway extending from a point
* Leased lines.
on the Chicago & Pacific Division of the party of the first
^Brooklyn Elev. RR
^Slaf. Isl'dR. Iran.—
part to the county buildings in Cook County, a distance of
1887.
1>;86.
l»^7.
1886.
'Gross earnings
$166,471 $141,384
$228,241
$ 00,5^0 about three miles; and over sixty acres adjoining the City of
Operating expenses.
t4,334
li>4,390
94,865
1^74
165
Milwaukee, on which large expenditures have been made for
railroad purpisas since the date of the consolidated mortgage
Net earidngs
$71,636
$16,519
$6.^,751
$34,605
of 1875; all of said land being specifically dt scribed in the
Other income
329
81
mortgage by metes and bounds. And all real estate of every
Total net income.
$71 K66
$46,600
$63,751
$34,605 kind and description which may hereafter be purchased or
Chaiges
63.677
45,(061,481
5!'.728
acquired in " either of the cities of Chicago or Milwaukee,
Surplus
$S,289dcf.$l 4,881
$4,023 def.$10,7<j2 ror depot or station purposes, additional side tracks, extenRome Watertown & Ogdcnsburg.— Following is the state sions or connections of tracks, and for any and all otlier terment of eainings, &c., for June and the nine months ending minal purposes whatever, which shall be acquired or paid for
with the boiid.s secured by this mortgage, or the proceeds
June 30, including Utica & Black River in both years
:
-June.1887.
18>6.
Grosseamings
Operating expenses
K«t earnings
$^7ii
..
317
^9 mos.
ending /unc 30.-
1886-7.
188.5.0.
I"4,474
$233,036
142,483
$2,170,598
1,^43,767
$1,<73.484
1.181,2il
$117,843
$J0,553
$926,830
$792,262
thereof;" and all tlie buildings and iui])rovemeiits now on said
premises, or which may hereafter be placed thereon, whether
now owned or hereafter to be acquired.
[The Chicago Milwaukee
to the use of certain tracks
&
St.
Paul has a perpetual right
and right of way over the Chicago
AuousT
13,
THE CHRONfOLE.
1887,
&
218
Pitt«burg, in CliiciiK", mid adjoining; thiH ri(j;lit of
way the St. Paul Cointiany nc(|iiirod nearly all of twi-lvo
blocks extondinK from Nortli Carpenter to Canal Htreets. On
parts of this property aro locatetl their principal freight and
storage warehou»ea. All of this property ia covered l)v this
Terminal mortnaRe. On an iHland in the Chicago Kiver
ktiown as Ooose Island, and situated in the corporate liniitt of
Chic, Kf>. there is a still larger tract of land some twenty
blocks—covered by this mortgage.
FIRST MORTGAGE ON THE CHICAGO ft MMBOTTM
UIVER DIVISION OK THE CHIfAGO MH/wTuOT
'''' »K<'UKK IKJNW*
THE BOND,
Properti/ CovereU.-Thff railway extending from
a poini
CO the Chicago ft Pacific Wertem division at or nearK.r,tUnT
Dakota, northwesterly to a junction with the
HnHlings
Dakota Extension Division, at some point wert of
iMwieht
and a branch thereof running westerly to the Miwoori
Hlrar
Brule County, south of Chamberlain, DakoU, acron
Mli
river, aiid thence westerly
also a branch from the Junctioa
with said Hastings ft Dakota Extension Division, weiit«1r
across tho Missouri River, and thence westerly; and
such
other branches or connections thereof as may herpnfter
be
located by the board of directors of tho company
together
with all bridges and their approaches across the
Misaoorf
on said lines as well the railway now constructe*! as that
to
be constructed; including all lands, buildings anrl
suppliea:
"and also all other property whatsoever, both real and personal,
including all rolling stock and equipments of every
kind and description, now owne<l or hereafter to be purchased
or actpiired for the operation of said railwav, t^)gether
with
St.
LoiMH
—
]
Terminal Mortgage 30-jear 3 per cent Gold Bond.
Late.—July 1, 1886.
Pariies-Tlw Chicago Milw«uke« A St. Paul Railway
Coitt.
pnny, of the first pw't, and the Farmem- Ix)an ft
Trurt Com>
pany of New York, Trustee, of the »econ<l fmrt.
^^
i
A>(«.— July X, 1884.
Denomniati"n.—$l 000 PHch.
Amoiitit Auiltorizi(l.—i'3.o>*0,000 on tli« property deaorlhed In the
niortRrgi- uikI owiiirt July 1. 1K84. anil $'i." 00.000 on ri-nl i-rIiU«
hi'iottllor to be piintiasfd In the eiilesof tliio gour Mllwnnkie.of
theuiiankciernu'l lor I lie purposes meMionid.uudiu linprovi iiiiiiiii
of the churai-tiT herein (leBcribeil on the fn'd liiu'ls owned or to bo
acquired, but not txueeding the oeet of eucb purchases ur Impi-uvenieutt*.
Covp'in or Heffitlerett.— Conpon; bnf
be reiElHtered a« to principal.
/»4(er«-< i'«j//i6 «,— The Inten-st la 5 per cent, payable January 1 and
July 1, in United Stalei iciM coin of the standaid of la74, at the
olll.-o of the rouipany In
York City.
Pritinpol Fnuabie.—Thi) piiiiclpiil is pavable July 1, 1914, In United
may
New
Stiiesifold eolu of tho standard of 18^4, at the office ol the company in New York City.
SinktMu
fiiFirf.—None.
—
Default. Provisions substantially as in the Southern Minne
sota Division moitgage of 1880 [Chronicle, V. 45, p. 114], except that in case of entry, because of thenature of the property, no specific provision is made for its operation, and in
case of default of interest the trustee, if he elects the principal
due, shall serve a written notice upon the company to that
m
;
;
;
all franchises, etc..
relating to said r.-iilwav.
tk-fon: Uinds are
issued the road shall be equipped as provided in the
mortgage
of the Wisconsm
Minnesota Division of 1881.
&
V. 45,
[ChbonicS.
p. 145.]
THE BOND,
effect.
—
Foreclosure Sale. In case of the sale of the property under
the foreclosure of this mortgage, and in case a majority of the
bondholders shall, in writing. re<iuest the trustee so to act. the
trustee is authorized to purch.tse said property for the benefit
of the bondholders. In the event of purchase as aforesaid, the
title to the said property shall vest in the trustee, and he may
take measures to organize a new company upon such terms
as the holders of a majority of the bonds may direct.
— Provisions
Trustees
substantially the
Dubuque Division mortgage of
1880.
same
as
dS
JULY T'lm"''"^"^^^'
in
the
(Chronicle, V. 45,
p.
Chicago
A
Missouri River Division First Mortgage 6 pw eent Bond.
/lo/e. -July 1, 1^80.
Denominntinn.—$l.f'00 each.
Amount Aut/im-izfi.-^iM.OiKi per mile of rallwny computed and
equlppeil; *6< 0,000 each for the two hridires and th"
HrproacbM
thcntooii theiailwayadescrihe'l herein ncro's th>s-o ri lot not
exciediiiB the actual expeieiiture therefor nmd- bv thn
roniVa'>v at
the time the bonds are l-»oed; bonds rnxvalsole Issued tor
iheoorpose or pr Tilling funds for the purcliasn ofrdbng sto. k, in ad-ilUon
to tliat abwve provided for. to the extent of {,0 lucomotltee.
SO
«»^ >»<»
pafseuger ears and 2,(i«
fielght cars.
got,i.m,i.r ..i-qut.re<l. -Cj.iiimn. but may be registered as to
prlnclpaL
Intereti Pay ble —The interest Is !5 per <ent per BDnniii, p^yHble
Jantt'awiol inoner of the united States of Ameriea,
*r-^,^ ""J} •'"'? !• '°
at the oIBce of the company in New Yo k Itv.
Principal P'lj.bif..- The principal is payable July 1, 1926, In like
money.
at ttie 8an.e plane.
Sittkini/ ^M#u/.— None.
M
^^
144.)
'
MORTGAGE ON THE DAKOTA & GREAT SOUTHERN RAILWAY, TO SECURE GOLD BONDS DUE
JANUARY 1, 1916.
FIRST
De/at^W.— Provisions substantially the same as in the mortgage of the Southern Minnesota Division of 1880 [Ch- oniclb,
V. 45, p. 114], except that the trustee or trustees sh.ill serve
written notice on the company if on default of interest they
Dafe.— January 1, 1886.
elect that the principal shall become due.
Parties. The Dakota & Great Southern Railway Company,
Fori-clo.<,-ure Sale.— In case of the sale of the property
under
of the first part, and the Farmers' Loan Sc Trust Company of the foreclosure of this mortgage,
and in case a majority of the
—
New
York, Trustee, of the second part.
Proper y Covered. —^The railway extending from Andover,
Day County,
northerly to Sargent, Sargent County, Dakota,
and thence northerly and also from Andover southerly to
such points in Dakota as may hereafter be determined by the
together with all branches and
directors of the company
extensions thereof, whether now constructed or hereafter to
;
;
bondholders shall in writing request the trustee so to do, the
trustee is authorized to purchase said property for the benefit
of the bondholders
In the event of purcha.se as aforesaid,
the title to the property shall vest in the trustee, and he may
take measures to organize a new company upon such terms as
the holders of a majority of the bonds may direct
Trustees —Provisions for the appointment of trustees the
same as in the Dubuque Division mortgage of 1880. rCHBOIf"
ICLK, V. 46, p. 144.]
be constructed or purchased including all lands, buildings,
supplies and "all other property whatsoever, both real and
personal, pertaining to said lines of railway;" with all rolling
stock and equipment of every kind and description now
owned or hereafter to be purcha.sed or acquired, together with
OMAHA & ST. LOUIS RAILWAY.
Before bonds shall be issued the railway
all franchises, etc.
FIRST
MORTGAGE
as
provided
in
the
mortgage
of
the
WisconON THE OMAHA & ST. LOUIS RAIL'
shall be equipped
WAY, TO SECURE GOLD BONDS DUE JANUARY 1[Chronicle, V. 45, p. 145.]
sin & Mitmesota Division of 1881.
;
1937.
THE BOND.
First
Mortgage tbltty-year 5 per cent Oold Bond.
I><i<«.— January 1. I'SG.
De.ominii/i-«.- $1,000 each.
Amount AuihorH'il. *18.000 per mile of railway constructed and
eqv:lpperl; Hntt Issue. $1,' 00,000.
Couiiou
r
kefi'sit:'
td.—C*'\tvon.
Intermt /"avft'e.— The lnt<re.<t is 5 per cent per annum, rayab'e January 1 andjiily 1, in United Sta'es froUl coin of the siandarj of lt)74,
at the 1 omi any's olflce in New York City.
PriiiC'pnl I'lij/able—The principal Is payable January 1, 191<>, in
United .St^te.1 gold coin of the standard of 1874, at the company's
other in
New
Y'ork City.
first part,
& St. Louis Railway Company, of the
and the United States Trust Company of New York,
Trustee, of the second part.
Property Covererl.— All the property, of every kind and
and personal, now owned or hereafter to be
acquired by the said Railway Company, including its entire
description, real
railway now owned or hereafter to lx> acquired, at present
extending from CoimcilBluffs, Iowa, to Pattonsburg, Daviess
Co., :«K:<ouri, a distance of about 14.3 miles together with all
lands, fixtures of every kind, equipment, rolling stock, leasee
and franchises now held or hereafter to be acquired for Um
construction, operation and maintenance of said railway.
line of
;
Sinking Fund.— Hmto:,
Default.
Date.—June 1, 1887.
P«r^V*.—The Omaha
—Provisions substantially the
same
as in the mort-
gage of the Southern Minnesota Division of 1880 [Chronicle,
V. 45, p. 114], except that the trustee or trustees shall serve
a written notice on the company, if on default of interest
ttiey elect that the principal shall
become due.
—
Fo- eel sure Sale. In ca.se of the sale of the property
under the foreclosure of this mortgage, and in case the holders of a majority of the bonds shall, in writing, request the
trustee so to act, the trustee is authorized to purchase said
property for the benefit of the bondholders. In the event of
the purcha.se as aforesaid, the title of the property shall vest
in the trustee, and he may take measures to organize a new
company upon such terms as the holders of a majority of the
bontls
may
—
'
p. 14-1.]
Mortgage 4 per cent Qold Bond.
Date.-Jnnel, 1887.
Uetiominaiion.
— *1,000 each.
mount Aulhnrizttt — $2.717.'100.
Coupon or iieffintert d.-Coxii^on, but may b<» registered.
Prii.ripal P..j(«h(e.— The priticipal is payable Ja'Uarv 1. 1»37. "In gold
coin of the Uidted States of Ami rica. of or eq.ial In we'gbt and fln»ni'-j< t'> tho present ftaudard," at the United State* Trust Oompaajr^
ollli o In .Nt-w Y.rk City.
Xnler'tl Payable. The Inierrst Is 4 per cent perannnm. payable Jaa»
ar/ I and July 1, In like gold coin, and at tho sac'.e place
roza/iM'i.— Principal and luurvat are payable without oeductioa of aoy
/I
Unitrd 8iate» or ttate tax w!uttsoever.
Sinking Fuiui. None.
—
direct.
Trust'es. Provisions stibstantiallv the same as in the mortgage of the Dubuque Division of 1880. [CUhOSlCLE, V. 45.
.
THK BOND.
First
Tnsuranr".
— "^he
company
shall
keep Insured
its
rolling
and luachinery. bridges and buildings, and aU
property usually insured by railway companies.
stock,
tiMjls
I
THE CHEONICLE.
214
Default.— It- dei&uXt in the payment of interest shall be
continued for sixty days after said interest is due and payment thereof has been demanded, the principal of said bonds
sliall, at the election of the trustee^ but not otherwise, become
immediately due and payable.
If default in the payment of interest or principal shall be
made, and shall continue for sixty days, the trustee is author-
"
COMMERCIAL EPITOME.
Friday Nioht, Au^.
some sections are deficient. Hops do not promise
Rice has been injured by recent storms on the South
Atlantic coast. Cotton is, in fact, the only great staple that
promises an increased out-turn.
Labor troubles, which
threaten serious consequences to the shoe and leather trades,
roots, also, in
well.
State elections excite
skirmishes to the contest for the office of President of the
the Uuitei States, which comes off next year.
The speculation in lard ^for future delivery has shown a
moderate degree of activity, but tha eff jrt to promote an advance in prices, in sympathy with the upward turn for Indian
corn, had only a small success. To-day there was free selling,
and the early months were weak.
Lard on the spot has been
rather quiet, without decided advance, and closes dull at 6'65c.
for prime city, 6'87i^@6'92i^c. for prima ti choice Western,
7c. for refined to
the Continent and 7'40j. for refiuel to South.
America.
DilLT CL08IN0 PRfOBS OP r.AKD FUTUBBS.
f-
Saturrt'y.
deUv'y..
..
Ontobar "
•'
..
Nov.
'
..
BrtO.
..
.lanuary "
gflpti
Mond'y.
6-90
e-.IO
6M9
6-99
6-90
6-89
6-a7
6-88
0-87
6-J5
Tuetd'y.
G-88
Vediis'y. Thursd'y. Friday,
6 97
6-90
6-38
6-92
7-00
6-93
6-.92
6-i'4,
6-37
689
701
6 98
6 97
6-J7
7-05
6-:i7
7- 05
7-02
697
Pork has been more freely offered and closes easier old
$15@$15 25, new do. .fUi@^16 25, prime $14 2o@
ra. 88
Cut meats have been
$14 50 and clear $16 75@$17 50.
Pickled bellies
dull, and shi ulders are decidenly lower.
smoked
8^,^fa9c., shoulders 6(a(>3^c. and hams 12@12>.^c.
shoulders 7(^7 J^c. and hams 13@13)^c. B-ef remains nearly
nominal. Beet hams lower at $1!J per bbl. Tallow in good
;
;
Oleomargarine
at 'A%(i. Steariue is quiet ac 8@8i^".
Butter is again higher at 18@30c. for creamery
dull at 6e
and 16@23c. for State dairy. Cheese has advanced smartly,
closing firm at 10}^@llJ^c. for State factory, full cream.
The swine slaughtered at the principal Western towns.
1 to August 10, numbered 3,755,000, against 3,t;00,0()0 s,ime
time laFt year.
demand
Maxh
—
The following is a comparative summary
exports from November 1 to August 6,
new trustee.
of,,
the aggregate
1886-7.
32,16«,200
1885-6.
32,80(i.4OO Deo.
730,?0a
3^2,980,221 Dec. 32,018,486
224,22-, 569 luo. 15,199,167
Lurd, Iba
The speculation in options of Rio coffee has been dull and
marked decline in disprices were variable and irregular.
tant futures was the feature early in the week, greatly reducbetter
ing the range in values for the various deliveries.
report from Havre caused an advance yesterday, and there
improvement
to-day,
and
the
close
further
was
with
was a
f-ellers at 17 40@17-80c;. for the sutmuer and autumn months,
and 17"85@18c. for the more distant deliveries. Ciflee on the
spot has been generally dull, but a large business was done
early in the week. To-day the market was firmer at 19@19,i|'c.
on reduced crop estimites from Rio. Mild coffees are quiet.
Raw sugars are dull at 4 9-16j. for fnir refining Cuba, and
5 516c. for centrifugal, 93 deg. test, and refined sugars are a
Molasses is firmer, with lirge sales
fraction cheaper.
rumored; quoted 19c. for 50 deg. test. Ricj is held higher,
owing to damage to the crop by floods. Teas in fair demand.
Kentucky tobacco in fair demand; sales for the week are
400 hhds., half for export, and prices are firm at 4}^@16c. for
light lugs to heavy leaf. Seed leaf has continued in demand,
and sales for the week are 1,180 case'? as follows 400 cases
lS86crop, New England, 12J^@14c.; 230 cases 1885 crop, Ohio,
6:tJ7>^c.; 180 cases 1884-85 crops, Dutch, 10@12>^o.; 20U cases
l>81-83 crops, Pennsylvania, liJ^iglOo.. and 150 cases sunalso 450 bales Havana, 60@J1 05, and 250 bales
dries, 7@28c
—
Cairo VIncennes & Cliitago. The report of the receivers
for the year ending 30th April, 1887, contained the following :
Seco7istru'jtion. This work has een carried on vigorously duiing the year, ard the road is now in excellent condition
to be operatf d at a minimum of expense on its traffic.
Wabash Litigation. As some of the other divisions of the
Pork, lbs
350,961,7.55
•239,127,736
Bacon, Ac, lbs
i
A
—
A
"Watash St. Lmis & Pacific Railway have been able, through
compromise, each releas-ing the tther, to obtain from the
couit decrees for salu in fortcIa«ure, freed from all future
thus securing a clear title to their property,
not urged our proceedings, anticipating a similar
compromise setth ment. In fact such an one was agreed upon
verV>ally some months since with the receivers of the Wabash
St. Louis & Pacific Riilway, but owing to vexatious and technical delays it has not been finiUv executed. So soon as it is
completed we will obtain an order of the court for the sale of
the property in forech^ure and reorganize as speedily as may
be practicable. [Since the report of the receiveis was isi-ued,
dnder consent of all pirties a Cecree of court has been entered
releasing the C. V. & 0. from liability of ail Waba5h claims]
As Committee of lleorganizatian. We have to report,
addition to what has been said in preceding respecting Wabash
litigation, that out of the total i^sue of $3,b57,000 Wabash
Cairo divifiou bonds, 8,856,000 have been deposited under the
bondholdeib' agreement, leaving but one bond outstanding
ucassented. [ this hss since been deposited.]
litigation,
we have
—
and .in Newark, N. J, Approaching
some interest, as they are preliminary
are pending in this city,
;
Wabash
12, 1887.
Business continues to make fair progress. Tne action of
the Treasury Department is generally commended in commercial circles.
Crop accounts begin to take definite shape.
There is no longer any doubt that the yield of Indian corn and
dairy produsts have been materially curtailed by drought.
Wheat, barley and tobacco have b9en injured more or less;
ized and directed in its discretion to enter upon and sell at
public auction in Council Bluffs, Iowa, so much of the
property as shall be necessary to satisfy such overdue obhgations, and apply the net proceeds to the payment of the
principal of such of the aforesaid bonds, and the coupons, as
may bo at the time unpaid, whether or not the same shall
have previously become due, and of the interest which shall
at that time have accrued and be unpaid, according to their
respective priorities herein declared.
In case of default as above, or in any requirement hereunder for sixty days, the trustee may at its discretion
enter upon and operate the premises, and apply the proceeds
to the payment of interest in the order in which it is payable;
and after all interest due is paid, the trustee shall restore the
premises to the company.
In case of default as above, upon the written requisition of
not loss than ten per cent of the aggregate amount of bonds
outstanding, it shall be the duty of the trustee to enforce the
rights of the holders of such of said bonds as are in default in
such manner, and only so far as the trustee shall deem expedient. Upon a written requisition signed by the holders of a
majority of the bonds, and accompanied, if the trustee so
elect, by a deposit in the hands of the trustee of a majority
of the outstanding bonds, it shall be the duty of the trustee to
enforce the rights of the bondliolders in the manner prescribed in such requisition, and not otherwise.
If the default be in any other thing than the payment of
interest or principal, the trustee may at its discretion, and
without appeal to the bondholders, waive or enforce their
rights by reason of such default.
Upon the fiHng of a bill in equity or other commencement
of judicial proceedings to enforce rights hereunder, or the
return of "no property found" upon the decree of any Court
of Iowa or Missouri for a payment of money, the trustee shall
be entitled to exercise the right of entry or to the appointment
by any Court of competent jurisdiction, of a receiver of the
property hereby mortgaged.
At any sale of the said property the trustee may purchase
the same at si reasonable price if but a portion of the property
is sold, or if it all is sold at a price not exceeding the whole
amount of bonds outstanding.
The company may, whenever it shall deem expedient for the
better security of the bonds, though default may not then
have occurred, deliver to the trustee full possession of the railway and the trustee may at its option enter said property and
operate it in accordance with the above provisions for operalion in case of default.
Trustees. Upon the removal or resignation of the trustee,
the company sliall, with the consent of the holders of a majority in interest of the bonds tlien outstanding, appoint a
—
[Vol. XLV.
m
:
sj
Earnings and Expenses for the Year Endinq April ZO
1867.— Gr. Si earningB, $710.664
expenses, $j4»,400
net Sumatra, $1 35@$1 65.
earnings for the year, $161,263.
Sjiirits turpentine has declined, but closes firm at 32@32J^c.
Condensed Balance Sheet April 30. 1887.— Assets Re- Rosins have remained dull, at $1 02!^@(1 10 for common to
construction and new equipm nt, $820,847; receivers of the g'joi strained. Tar shows an upward tendency with S )uthWabash St. Louis & Pacific Railway taxes for 1834, $.W 374- ern markets, and closes at $2@ $3 05 per bril. Crude petroleum
rectiveis' equipment 'lestroyed, 1615; trustees leaal expenses,' certificates have been improving, and to-day advanced
»2 (02; casn, $26,a00; cash items in course of collection srnartly, with considerable speculative activity, closing ac 60)^
\i
;
;
;
:
450,011; supplies
1 hand,
$34,152; total, $978,934. Liai.Uities'
»ecpiv.rb' certificitfs, 6 percent, $666,167; curfent liabilities
4103,432; accrued interest, not due, $2,728; disputed claims
(taken up at faca of claim, as a matter of record, but
not
thereby acknowledging their validitv), $12,4.54; earnines
Ttar ending April 30, 1886, $74,618, April 30, 1887. $161 263-
i^«iM*'r^
f".o«no',^"'
#186,151;
total,
$976,934,
certificates,
$49,730; net income,'
i
On the Metal Exchange there have been in the past three
days active speculations in block tin and ingot c jpp«r. Todiiy tin was quiier, with sales at 2360o. for November; btit
copper continu-^d ftfitive, with sales 350,000 lbs. at 10 60c. on
the spot. lti'70ialU 750. for August, 10 '85 j. for October and
Other metals quite nominal.
ij OS.i^OlO !)":. for' Noveriiter.
Oc^-<*n Ireights have been dull ftud rates aro eMsier,
...
.
ACQUST
THE OHBONIOLE.
18, 1887.J
COTTON.
Fbiday. p. M., Aug. 13. 1887.
TBI HOVEMKNT OF THR CROP, as indicated by our tolegrama
from the South to-ni«;ht, ix given below. For the week endir^
this evening (Aug. 13). the total reoeipte have reached 7,270
baloB, acain.st 1,49!) bales last week, 3,581 bales the previous
week and 3,203 bales three weeks since; making the tottl
recciptB since the Ist of September, 188(5, 5,213,448 bales, againji
5,SM,557 bales for the same period of 1885-80, showing a deoreaoe since September 1, 1880, nf 101,109 bales.
at—
Seceipit
iron.
Bal.
Galveston..
Indlanola, Ao.
New Orleans...
Mobile
Florida
495
64
882
1,962
2
Thun.
Vtd.
IV<««.
245
139
1,C09
1,143
Bronsw'k,
diarleston
New York
OUei ports
1887
11,879
783
8,150
16,127
9,245
None.
None.
8,801
1,000
16
6,340
8
2
14
10
27
10
15
10
12
Boston
Baltimore ...
PUladelp'a, Ac.
39
45
88
39
45
107
713
7,270
,
Totals this week
1,04S
2.467
11
8
1,278
1,297
472
For comparison, we give the following table showing the week's
total receipts, the total since Sept. 1, 1^6, and the stock to-night,
and the same items for the corresponding periods of
1880-87.
Since Sep.
Week. 1, 1386.
Qalveaton..
Ind'nola.Ao
New Orleans.
Mobile
Florida
..
Ac
Cbarleston ..
Pt.Eoyal.Ac
Wilmington .
M'head C.,&o
1,665
Boston
Baltimore...
FliUadel'a,Ao
709,150
5,340 1,733,344
14 213,457
10
23,890
27 794,727
31,731
10 368,213
19,212
1
134,815
TMa
12
39
45
107
532,157
324,219
96,802
105,397
64,009
58,481
7,2-0 5,213,148
Stock.
Since Sep.
1, 1885.
Week
1887.
1886.
700,360
781
2,233
2,667
882 1,728,725
99 247,179
30,813
233
28,179
3,191
816
2,847
525
1,600
1,741
50,167
798,364
16,252
501,615
14,476
101,180
7,821
563,531
284,615
56,693
121,973
66,187
54,638
1
448
44
....
4
3,839
Norfolk
W.Folnt.&o.
New York...
last year.
1885-86.
ThU
Ai'a- 12.
at—
Qalvest'o.Ao.
New Orleans.
1887.
1,663
5,340
MobUe
Bavamiah
11
Oharl'st'n,
27
10
Norfolk
1
12
...
Ac
WUm'gt'n.Ac
W.
Point, Ac.
All others
201
...
Tot. this w'k.
Blnoe Sept. 1
595
109
30
782
852
1,073
6,660 5,314,557
7,270
1886.
451
2C9
1,130
3,444
88,371
3,000
605
136,322
7,010
10,812
8,022
9,291
138,201
205,572
1,741
882
9D
448
44
4
595
109
2,738
6,660
1884.
1885.
548
296
13
61
170
4
50
246
540
33
208
100
30
189
1,930
1,552
3,125
2,898
188&
we
1883.
4,8C0
1,378
707
66
834
192
384
802
166
1,681
233
927
128
61
814
326
1,330
10,305
1,778
6,356
5213,448 5314,557 4739,659 4810,928 5960,565 4672,191
Trom SnU 1, ISSS, to Aug.
Mx9orfA to—
tVuh BtiMnt Aug.
Mx9orttd to—
Oreat
trom—
.,
total
TMallSSe
TMall886
Olen«-f Istal
Brit'n. Trance n*nt.
ertat
Oontln»nt.
Weik. Britain.
OalTeatoD ...
Mew Orleana
12,
1887
ntei
S9S,E4a
104.800 880,798
377,854 1,453.«09
48307
46,807
30,392
753,313 319,802
MobUe
Cbarletton
.
Wllmloston.
Norfolk
W««t PolBUAo
Hew
York..
Boston
Baltimore
8,725
1,330
l,a«5
10,881
1,330
Phil*delp'a,*c
TotaL
Total 1886-86
S33,lfa 18.S48
80,453 43,866
80,823
7,860
826,226
87,678
3,150
511,901 42,700
147,621
•5,158
63,811
11,056
80O
389
5,740
None.
None.
None.
None.
None.
None.
None.
None.
S8S
63ft
8IO
Ni.ne.
None.
None.
8,8 %0
1.000
1.130
79.531
11,07»
289
15,599
120,60«
1,534
20,522
9,286
159,545.
None.
41
3.33ft
I»>».O.V>
The speculation in cotton for future delivery at this market
has been somewhat inactive for the week under review, and
the principal feature is the decline in options for this month
(August). No very important iufluences have been at work.
Crop accounts have improved, owing to the fall of needed
rain over a considerable portion of Texas, and a partial clearing up in Georgia and the Carolinas, where the downfall
had
been excessive.
Liverpool reports have refl'ct«Kl a very
unsettled market there. The Bureau report, made public oa
Wednesday, was rather better than was generally expected.
On Saturday the next crop ruled slightly ii«arer, but
the improvement was lost on Monday.
In the course
of Tuesday and Wednesday
there was a decline of
30 points in August options, while the npxt crop gave
way only 5@7 points. There were unaccountably full
receipts of old cotton at New Orleans, which had ao unfavor-
able effect upon values for prompt delivery. On Thursday
an early decline, under weak Liverpool advices, was fully
recovered on a demand to cover contracts. To- lay an early
decline was followed by variable un-iettled values. Cotton
on the spot, under freer offerings and declining prices has
been fairly active, both for export and home consumption.
Quotations were reduced 1-I6c. on Monday an J y.c. on
Wednesday. Yesterday at a further decline of l-16c. there
was a very large business for export, and home spinners
bought fairly. To diy the market was dull and weak at 9?^c.
middling uplands.
total sales for forward delivery for the week are 303,800
For immediate delivery the total sales foot up this week
14,091 bales, including 10,341 tor export, 3.750 forconsumption^
The
—
for speculation
B.7S0
843,868
148,208
«»5,7e7
«77,»26
10*,*40
10,857
8,U00
380,126
8,408
108,2M
244,290
8,850
88.8(W
8,318
788,851
150,271
1*2,797
B6,4S0
1,425
12,521 2,703,886 474,498 1,173,081 4i860,4I»
1.664
ia.857
408,748'l,288.317|4.278,353
—
and
Of the above,
in transit.
were to arrive. The following are the
each day of the past week.
Ordln'y.^J)
Strict Ord..
Qiod Ord..
75,,
7!>a
7''8
111)3
75l8
Zl'l*
8%
813i«
8tr.«'dOrd 9M
LjwMldrt'g 90i«
Scr.L'wMia
MIddUng... iS'=UoodHId.. 10 14
Str.G'dMld lOii
Mldd-gFalrlO'e
Fair
mon Tnea
Sat.
8%
9»i«
9»19
i>\
9l5iB
103,8
93i«
10%
I
73,8
719
768
8»9
91,8
fc»18
LovMldd'g
76,8
7li,8
9
93,8
938
838
9%
9\
l>
0\
9
Str.L'wMld
SI'*
959
iUddllnr...
9Uj8
Soodldd.. 101,8 10
10
Str.O'dMld
IOI4
lOSs
10>4
Uldd'g Fair 10ll,8 1068
Vtla
115,8 11»4
11 "4
BTAINSB.
flood Ordinary
8\
V>
Z,">
8^8
S's
95,8
Sl'lC
9%
Mod
"771,
7«a
3
8is„
S's
»»1S
9\
101,8 101,8
105,8 105,8 10%
10»l« 101>,« lOSg
1018,8 1015,8 II
ll'lB illKlfi 11<^
10li,8
11»18
Wed
7U.
75,8
7%
7%
811,8
9I8
§"l«l
9>8
9I9
9^
I
'At
Tb. Frl.
'H
7>4
7^
9^
Z."
8\
9»9
9>s
8»,e
9%
9l'l.
9^8
106,8
Frl.
7>4
7I5,ft
9%
915,8 9 '3
lOiia
10>a
9''8
Sl'i*
lO'ia ID'S
107,8 1038
loie
»'5,g SV'»
9'8
1010
lO'ls lOig
1013,8 10^
117,8 1138
10%
10
104i
1138
916,8' GTg
Sat.
«lb.
77.8
7T,e
Wad Th.
718
768
80i«
TEXAS.
nionjTaes Sat.
911,8
10»8
II
107i
lOlS 1013,6 11
ll'is 117)« 11»8
Strict Ord..
Scr.G'dOrd
8
«'"!«
99a
9iSj, lO^S
I
Oood Ord..
7%
9%
nred Tl>. Frl.
Ordlny.VB)
Sat.
—
bales
quotations fo»
official
NEW ORI..EAN8.
OPLANDS.
Aug. 6 to
Aug. 12.
V
Good Ordinary
lowMlddltoK
8%
MiddiiTigTII^.......
968
UABKXT AND
10%
10%
10%
ilOi4„
lin,« 1138
non Tae« Wed
7'8
Sortot
7%
7\
9»18
»»18
7%
2?""
I
11%
Tb.
rru.
6%
6T»
9%
9%
BAIiBS,
The
week
total sales and future deliveries each day during tii»
are indicated in the following atstament. For
convenienoe of the reader we also add a column which snows at a
glance how the market closed on same (tavs.
me
BA.LBS
SFOT MAXKIT
0I>OBao
ricnda.
BsTsnosta....
None.
None.
None.
None.
None.
None.
None.
3,150
None.
bales.
Qalveston Includes Indlanola; Obarleston Inclndes Port Boyal, Ac.
WUmlnicton includes Moreb'd Clt7,Ao.;West Point Includes Cltr PolnWAo,
The exports for the week ending this evening reacSi a total
of 13,ri21 bales, of which 11,005 were to Great Britain, 41
to France and 1,425 to the rest of the Continent, Below ar«
the exports for the week and since September 1, 1886.
Xxfort*
Satrannah
483
None,
None.
None.
None.
None.
moStr
Mat.
for
In order that comparison may be made with other years,
give below the totals at leading ports for six seasons,
Beeeipti
Mdblle
iSic.
Norfolk
WflStPolnt,Ao
New York...
Total
Nsw Orleans....
Norfolk
Wilmington ....
Moreh'd C.&o.
Br-sw'k,
Breat
Olhf OoaitBHtain. Frant*. tbreiffH wist.
Gtelveston
Pt. Royal, Ac.
Barannah.
Aug. 13, 4T—
1,665
Total.
489
Bavannah
We
4,979
None.
None.
None.
None.
None.
5,400
1,000
328
7
'** *'^'* eiports. our telegrams to-night
also gir*
n °°.
us Jl
the /following
amounU of cotton on shiplnwrd, not oImtmI
•t the port* named.
add similar flguraa for New York,
which are prepared for our sped il use by MaMra, Carer.
»»«r
—<:,, Yal^
at Lambert. 84 B«>aver Street.
Oliarleston
JH.
233
215
Bat.
Steady
Hon
Quiet
9
XotaL
port. tump\uf't'n\
1,000
1,8
dec.
Taes Hasy
Wed Steady 9 >sdeo..
Tku* Easy » iisdeo..
Fit.
Easy
OF SPOT AXD TBLUmX.
Con-\ Spee-'Tran-
.—I
500
lit.
sot
278
88S
850
l,£Ot
278
1,338
3,150
Balet.
415
415
27.100
46,800
05.600
|l4,09l!303,800:
10,341 3,7501
The Sales a>d Pricks of Fctukks
are
SCO
40O
43,800
dally deliveries fclven above are aotoallr dellTared
fravlona to tliat on wkloo they are reported.
Tk«
ing oomprehenaive t^le.
DMt-
61,8f!0
7,606; 63,700
2,300
6,541 1,065
....;
IMaL
the
flOO
day
shown by the follow^
:
.
THE CHRONICLE.
:216
Tuesdpy,
Monday,
s
1
»?
u
(rang
£:
4:
:
'
s.:
tCo7
tote
5^
<i5
1
1
s.m:
s-x""*
u-ttCcn
1
'
«»
>-
er
S;-e:
1
x»?«
If K.;cta
1
?g
i
c
2;
»
1
S.o:
1
1
H
..
*>*.
^i^:
(ceo^co
,
ts
a^
05
1
(OX-
CO
.
M.10^
'
CO--
•»
-J*.
"^
2
1
1
s.":
1
1
^.w:
QDOD
01
S,-:
1
2
X
m3m
Ui
K
05^
MH*
X<1
s*-;
1
^x
X CO
1
fcO®Kt
1
2
"^
Sm
2
"
cieo
XM
s.»:
Sou:
titiOM
*J^ 05
1
1
l>Q
gg:
1
(3
rcto
16.-
s
*
2
"^
1
2
>
Sja:
3
CIO
OiOI
1
M1
1
1
X
Oltsi
XX ^ XX
5
1
'^
2
X-)_'<
S.3--:
r*
*1
IS?-;
Xo® XX o»
IQ
S^^
1-
XX
X
tc'
^
XX
i-w
Opo
2
1
>r,
Total East India,
Total American
t»(
'»
1
^o-^
s-
KiSti
XX
1
c
IS" The imports
;1
ic
•r
-11
,
e.-:
1
frStcOro
KtO-IO
(CCO
.^
J"
^
H
^i^
£m
OJQ
ciw
1
2
Sw:
."
o
^J.
^
g
%c«
1
giw:
toxo'-e
V
c^ C^
K
"-
2
cow
XXlg®
ci)
«.
-M
CO
2
'^
tl-ti
00
o«
»» ^
M
X*J)
1
sr-;
c
-^J
J.
isr:
i^-)(*
5'
j-t-
2
to
2
;
1
-^
©Ml
COCO
CD
tC'XOii
X
^ta
ifcit.
1
su:
2
«
osoc
>
1
s:
1
li
3
g
CO1
®w.
cocoCco
* TO 0>
IS
:
CO
^JC,^
^-OS
(«^
XX
5'
«--j
-)0
1
s
ifc =;.
1
1
3
g
1
1
cceo^co
©•-
OB
"
1
r.
'
s.fs:
1
S
coco
a»
1
2
•^
^«:
cceuO:^
l->D
Cnoi
1
n
s.^":
1-0
Ccci^CO
•ITC
"
1
01
ODX
S'
XX
a
<
S
ci\
Si^i:
^
"
:
^
1
»:,^=>*.
CC
MN)
y^
ij
X,
5
(B
'^
1^
00
^
•
S
:
1^
^0
*.3J
ciifc-
C-J
1
jl
^^Oi^
01
2
"^
Sir*:
Xffio'D
c" c^o,^
Ol
XX ^
ex 1
1
Cf
CJi
Si":
xox
C
J,
UH*
t>
1
1
1
1
IS:
:
<
»
:
ife
1
1
IS;
J,
M
>
1
1
^
344,100
275,300
332,600
:
1^
CCCD
y
eceo
5,
ifr-
'I
*
>
1
1
§
1
S:
S
1
l!
1
1:
>
1
1
;3
1
1
1
1
IS:
:
1
736
728,390
891,588
922,218
954,610
280,000
29,000
167,100
11S,000
22,000
160,000
25,000
79,800
134,000
3,000
203,000
20,000
116,600
6?,000
310,0o0
64,000
198,200
IfO.OOO
10.000
616,100
7i8,3i0
401,800
8^1,588
407,6110
7 8.200
922,218
954,610
-<
„
:
1
1
1
1
-^
,
II
a'l
o::^
:
IS;
'
>
1
:
IS;
1
1
1:
1
1:
1
1:
1
1:
1
1:
1.400
1,344.490 1,293,383 1,329. N13 1,692.810
Sitd.
5«\tA«3,gd.
5^uA.
lOije.
107,60.
week have been
1884.
—
the movement that is the receipt
since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1885-86 is set out in detail in the following statement,
for the
ft
week and
—
50
1
H
»
mBJPrTJWK
rj
erB-osaB2.S'ff»'»=»s
c = c
c; X
§
§
BE.Bop;bft rt ji
H>rCS
»
.
^
!
—
?3
3
S-gS-i'SBlBg-SSlH f'xSS
^
—
«
3
H
58"
OD
H ^4
»fc*_: eB.J--5*i_iM
•
?p;
^1 n'
I
m
I
I"
9
•
B
S
la
M CO
tP*0'
I
CCMC»it»..
CO.
)f*-qo-.;
0101
M
&;»»*
©05KlMfcOp'.aD*'a
C: -
g
—
It-*
K 0< V' t^
C C^
•»•
;£,
I- CO
C
'-
-.
01
® QC O H* to Kl a IC
il-
^-'*»CC0*4CO^ O:0tCCOi|(i.-J*siixCO-0D —
CO -q
M O ^^
y«Oi<jyiroc:COOWCOtCCOOf-c;CD-JKiM
s
:
8*1
toco;
i
1
1
.
fcocjt.
Hc;<03a<il
\
^'
S
>
s:
1
.^
a
1-3 *-
to TO
K
•
<J
t
cxo,
CCrf-COtvCO
,
O to
CO '
c,
to
"
Ow"
en
M M - c^
MO
X o: CP M
r h- OD
*i
^
-JJ
"F
1
15,!503
I:
^
:
5,',000
ti
s
'
is;
196,000
1
li
i>
l(>,000
436,200
238,000
38,000
168,707
20^,572
42,; 80
cli
1:
6,000
62,000
13,000
2i6,000
37,000
168,831
17,637
4,750
177.000
44,000
136,201
19,026
1,163
Ax THE INTBBIOB T0WN8
© t-:
^
CCDc® ?
C ci
d'
s
1
900
3,300
219,000
857,800 1,033,600 1,^08,200
134,000
I5rt,000
68,000
50,000
37,000
tS.OOO
3,000
10.000
205,572
lt8,707
168,8:^1
42,280
17,637
l.^.SOS
736
4,750
1,400
9%c.
9''i«c.
into Continental ports this
^
*^
S
1,300
900
170,000
5,000
51,000
8,000
10,000
fl
C
CC«OcD
1^
—1
5
® 03
xx"x XXo®
M MW *
"^
CO CO
<|
1
compared with
?
:
<o-oo=9
C^CoOco
^<l
130,000
7,000
50,000
15,000
10,000
ct
"
*.
XX ^ XX
:
t
l€i:
:
tf^
XX -X XX^CD
1>-
t>
1
1
tn
-I
:
ij^
202,000
3,000
32,000
4.000
9,000
The above figures indicate an increase in the cotton in sight
to-night of 51,103 bales as compared with the same date of
1886, an increase of 14,672 bales as compared with the corresponding date of 1885 and a decrease of 348,320 bales as
1
-1
X
XX X xxox xxox
xxo c
XK*
1
1
1®
XX ^
0» XXoX XXO'O
OtuiOiU
1
1
XX
.
1*.
9«:
1
11-03
x» > XX
1
1
XX 5 XX ^ XX
2 lUjl 2 iU4^
" CO " UM
«c
xxcx
»«©»
0*.
w
a>
aui
sm;
.rxgx
i
1
cvi
aco
to-
1
3!).000
400
1,200
15,000 bales.
''
1
&o
Total visible supply
Price Mid. Upl., Liverpool
Price Mid. Upl., New York
Co
1
2'2,000
200
1,200
872,000
5,600
6H 400
47,OC0
s
s<»:
en
5
!•
"
If-O
East Indian, Brazil, <te.—
Liverpool stock
Ixmdon stock
Continental stocks
tndla afloat tor Europe
Egypt, Brazil, Ac, afloat
^
s
cc
NIO
OX
Total American
§
>
ex ^ XX >
5 XX 5 XX ^
-t
C^tn
si.^:
Jontineutal stocks
an afloat for Europe...
United Stales stock
United States interior stooks..
United States exports to-day..
Anierii
XXoX 1
tJwOlc
XXX ^
s<i:
t^
Total Continental stocks
OW
4
43,400
I,3l4,4ti0 1,2«3,388 1,329.818 1,692 810
Total visible supply
Of the above, the totals of American and other descriptions are as follows
Amerxcan—
Jveip.iOl stock
bales 351,000
397,000 478,000
498,000
S»:
00
XXo®
XXo®
®o*
roOta kkiOm
KlO-
H X
"01,OiiO
Total European stocks
1,004,100
Indl.i cot ton afloat for Europe.
118,000
Amer.eott'ii afloat for Eur'pe.
44.000
Egypt, BrHZil.&c.aflrforE'r'pe
22,000
Stock in United otates ports.. 136,201
Stock in U. S. interior towns..
19,028
United States exports to-day
1,163
Si
~
!>!
KM
ox
882.000
2,300
37,900
4,-iOO
58,500
30,000
"^
0:itt.
9lao;
660,000
1884.
gOS.OCO
t4,0C0
w
-•- 2
>->2
^ t
1,-"!
X(B
00
CIM
a*. 1 s
H
ceo < *.<v
h*
8'';;
9>.»:
800;
s
^
®
.=:
S.»:
s.=^:
0 MX
tn
05
...Ox 1=90=9 xxox
tosc® XCOc« X r
2
•
-hiC^ li c 10 K> -M
KlO.i
ti-M
t!«.«
0*
OOl
CO
x-o c
•^
>
«<o J XX 5 XX 5' XX IJ Xffl ^ »,
\
:?
H
ccto
KK}
r ro
2 tcio 2
OK 2 CO
^
OD
1
.
IJ
o:co
I9|:
Nl
<J
2
"^
•
Si":
CCXo^ xoo=o xxo'-o
1
3
o*
1
> XX
'^
xx2-o COXo" XX X
w^Ofi ^mO^ KljOri
WCi
^
ob-)°vj
x-o IJ
co-^_2
-
i
«:
%-4.
ffl
»a>
S"-";
>l^
si«ii:
1
coco
15
1
5
"
1
5'
xto
"-M
2
1
^ X®
^
a w- ^
2 HM
qd:;i
-I
—
.'X ?
woo® «=§-? xxo-« XX
co°ci coco^co ^(;Cto
CM
c» to OJ *> aoo
—
«x § XX < xw
XX ^ XCO J
K!^3
2 i^
"
wco^-^
CO
W30
'1
acD
IJ
xo
a
Si-:
cc
«%»
--'
©?>:
coco
-j-1
--J'-.''
5'
2
(Jk Oti
s.w:
1
^
-pa",^''
cJt-jOflJ
<C(0
-j,i^
2
aw
^r:
»-*4
tsto
H*i^
5
coco
OOl
ob-ji*cJi
1
KtiOKl
^^
^xcS?
M
xxox XXOX
XXc® XXo®
^-j
obi "ab
*-t-
^5l»''
tO;
s
CO
^
<1Cm'^
'l
ra
^-
S^,^
S»^3 El^
0>
^ XX
l^p.
co»50
s!
X
rx*.S
7
etc
Si.^:
V*
>
wer,
1,800
J xcto toseJx
a a -J MW
f
l-»
9
5
®
9
Total Great Britain stock.
Stock at Hamburg
Htock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Genoa
Stock at Trieste
1885.
681,000
20,000
(rang
X
^Srf'ff
XO « c c 01 ao
»» ^ se» ^ x»
s
r4Kl
tt4
8—
6—
X
<o
M
m
m
«-
1
5.97,000
2ft,000
Stock at Liverpool
Stock at London
Aug.
(rang
1886.
«3l,000
29.000
paid
:
9-148'
ady.
•
9—
18S7.
bales
total
Aug.
paid
»;
Steady.
Variable.
1
•
ii
^
1"
1 ^1
(rang
;
X
^r.S'
JC
,
Aug.
«:
:
CD
CO
pnld
Aug.
11-
:
total
total
total
paid
to
g;
;
Closing Prices
Prices
B?-'S,
il ilE?
a KK
Closing
Closing Prices
Closing Prices
=(1
t
Saturday,
Bales,
Pales,
Hales,
Thnrsday,
Haies,
XLV.
and conapquputly all the European figures are brought down
to Thursday evening-.
But to make the totals the complete
figures for to-night (Aug. 12), we add the item of exports from
the United States, including in it the exports of Friday only.
3
1
[Vol.
1!
w
a>
^toolnnes sales in 8ept«niber, 1«K6,
lor Bej.teniher. 42,noo; Beutein
September-November, for NoTeiibet
lif.VIJ?,""''.';''' '^c.^^-l
441,700; September-December,
for Deeember, 76.5.1()0: Seotember
I
cc
\
OS
01
I
—
;
t-^Z'
Ml—;
tox vit
COtCiP-;
cn * y.
CCM
<Jh*
eO
a#i.cJi
t9 tF"
it^
M tC
h-
•
;
MtfcOOOK-CJ'OOtOi
COM
O'^
w
SJ^M.
OD
COiJ^
Id
VI
covjcoaos^i^.MK-(»
CD
1,2«2.4(K)
Sei teniher-Mi.rch, tor March, 2.1()«,80O;
Septeniber-Aitrll
t-ei'ternber-May. foV May.'2.0(^5r9i.crS^.pt7miS.'iPJ'^^f'f'l'
{•'^•^^•I'i'ik
June, for Ji
lie, 2..^.'ift 200; Septemberluly. /or July, 2 154 400
included in lUe above table, anu oball
couuuue eacb
^2\* "a '^^ B^t-'-ft^Prtce of futures each day for each month
It
Srn^be
Will
found under each day following the
"
M
H
M
^
tcit'.if^^totJ'Qcas
c M cr.^j-^a y. CO p M a 1^
M 01 CO OS ^ to
CO
CC
0:
-4
CD
OD
l-»
CJt
rf».
a t- <i a CO 10
CD ^ - to -J 4. en
O CD OS ^ to to
00s 7 cobo'fc. cctOMMit-VoD^-rffcato'-c
--*.t.O»CJ<>-'r-^0&<-JiODCCtOib.i-<IC*J —
oooi— ^wosfcotocnr-co-^Oi^w*^cf(mo
CO
>**
CJ>
tr^^ebave
abl>reviatioD "Aver
Tbi
"'^^"•e'' <« also given at bottom of table:
*al?j;'rf"".7'H:i;i""''
'i"
>'"'';''''.""*"'""''«}
»-S5«-: Monday, 9- 0c.;Tue8dav
.•Ij""*t'"J''''
'"'^'^y'
••70c.: Wednesday, 9-6l)o.; ThuiKday,9-6uc.; Friday, 9 600.
The following exchanges have been made during the week
OS
-a
tN.
M
**
CO to
C&l-»
—
_
e.cocn
:
CC>
o
*>
X
•
*J
-
to
*
os
Hk
CP
^
i^i^
\
— OSM"
j.coto>*k«;
COOOCO
to r*
c;«
y> to P>
t
i^
i
'*^J^
|ic
V
,^
to*
K- 05 OS
tO
QOOi'
u^waocDxcoN-iooo
to
ol
M<]b3QD;
CO --J QO 1^00 CO to CO •
0:0SOK-C0^-MQ000;0
1^
«00
M
M 00 CO 00 o cc "^
I^C^iCntOODCD-" to
coooostoosaocto
Tlie llgurea tor Louisville In both years are ••net,"
The above totals show that the old interior stocks have
The Visible Supply op C!otton to-nij?ht, aa made up by
cable decrHoaed during the week 1,768 bales and are to-niKht 23,354
telegraph, ib^b follows. The Continental
stocks, aa well as Dales ItsH cnau ai the same period last year.
The receipts at
4hoee for Great Btitam and the afloat, are this week's
returns
the same towns have been 3,657 bales less than the same
«ad
'
2
.
.
AuotiST
THE CHRONICLE
13, 1887.]
217
w(wk
last year, and since September 1 the rociMpts at all the
towns are 74,017 bales lesn thin for the saamtime in ISiVSe.
lAiUng, Texan.— "W^ have had two dnyn of gloiioaii rain
duiingthe week; very beoeflcial but hardly enough. The
Quotations for Miodlino Cotton at Otbbr Markrth.— rainfall reached seventy-two hundredths of an inch. Picking
In toe table below we Kive the oloainK quotations of middling is general. The therinnmeter has STeraged 87, the hIghMt
cotton at Southern anaother principal cotton marlcots for eaob being 100 and the lowest 71,
Columbia, Texan. — It haa rained splendidly on two daya of
day of the past weeK.
the week, the rainfall reachinic one Inrh and sixty-two hundredths. Crops are ve>y fine but caterpillars are reported and
OUOHIiKI qaOTATIOn fob IflDDLntO COTTON OB—
Week ending
we dread any more rain. Puking has begun. Tb« thermomAug. 12.
Satur.
Hon.
Tfiet,
Wedne*.
rA«r».
FH.
eter hat) averaged 83. rangirg from 70 to 90.
Vneru, Texas. It has rained magniHcently on two day* of
BalvtMion...
»••
fig
9%
9>fl
9>a
91a
the week, just as needed, the rainfall reaching one inch and
New Orleans.
09»
038
914
914
<"«
»»t(l
Mobllu
»>•
9>4
huiidredihs. Crops are splendid and picking is active.
0^
»4
ten
9%
01?
BavHunab ,.
«*
»«
914
914
ak
»ifl
The thermometer has ra'ged imm 7a to 10-'), avorai(ing 87.
UhttrlaHton
10
10
10
10
10
10
Bren/iam, Texan. Fine showers have fallen on two days of
WtliiilDKton
10
10
10
10
10
10
Norfolk
10
the week, but more ram is needed especially on sandy landa.
10
10
10
10
10
10i«
BosuiD
9''8
lu>«
10»«
Ida
p%
The rainfall reached fifty-eight hundredths of an inch. PickBaltimore....
10>«
10>4
10 <«
lo^
1019
u<u
ing bus been commenced. Average thermometer 86, highest
Plillailelptala.
lODg
10»8
lU°g
loia
1013
loi*
101 and lowest 78.
Anffiwta
10
10
10
10
10
10
Mt^niphU ....
9»8
0>1
9>8
9%
fl>R
!"%
Helton, texas. There have been lifiht ahowers on two days
Bt LjuIs
»•
939
9^8
9't
9<%
9>4
of the week, duing no good. The rainfall reached seventeen
10i«
01uu.unatl...
10<<
10 1«
101,
IOI4
1014
hunilredths of an inch. Rain is very badly neede
Loai-vlUa ..
l"IJ«
vegetalOlg
loie
Kiis
101s
IC?
tion is (-uilering and cotton is t-hedding young fruit profusely.
Beceipts from thk Plantations.— The following tabic The theriiioiiieter has averaged 86, the liigbeat being 103 and
Indicates the actual movement each week from the plan- the lowest 71.
tatione.
The figures do not include overland receipts not
Weathertord, Texa^. It has been ehowry on two days of
Southern consumption; tbey are simply a statement of tht the week, the rainfall reaching fifty hundredths of an inch ;
weekly movement from the plantations of that part of the croi crops !<re go<xl. The thermometer has ranged from 68 to 103,
which finally reaches the market throuich the outports,
aveniging 83.
Rain has fallen on six days of
Ne-i ()rl-ans, Louisiana
Week
BteHvti at the Porte. Stli at Interior Tavmt. Ree'vutrom Plan' nthe week, the lainfall reachmK five inches and thirteen hun188».
mm. 1SM7. 1885. 1888. 1887. 1885. 1886. 18M7. dr. dtbs. The thermometer has averaged 83.
Shreveport, Louisiana. Rainfall for the week forty-nine
jHlT 8
8.8dil 12.694
1.261 28.711 77,«61 88.258
8,381
bundiedtlis of un inch. Average thermometer 83, highest
15
1,978
9.472
4.600 23,591
8,227 33,'48
37
196
101
and loAest 73.
" 23
3.IM 6,744 8,296 2a,S(0 e4.«lO, 20.188
903
»,.')27
Columbus, jiHMsi.ssipp1 It has rained on three days of the
29
2,5-«
9.U60
869
2.&81I 20.678 57.Baa 27,»3r
1.876
1,330
week, the rainfall reaching one ii ch and sixty-one hunAng. S
2.038
7.6>!4
1.499 21.265 49 807! 26,CII8
2,718
dredthn, Two b les of new cotton were received on August
" 12
6,6C.O
S,1>!S
7.270 ao.O'ie 4,S.719 23,967
1,9361
5,572'
»,210
—
.
—
.
..
—
I
;
—
—
—
1
••
—
'•
—
The above statement snows
1, That the total receipts froU'
since September 1, 1886, are 5,189,:i5.5 bales;
in 1885-86 were 5,347,42ti bales; in 1884-85 were 4,743.510 bales
2. That, although the receipts at the outports the past week
were 7,270 bales, the actual movement from plantations wa^
only 5,219 bales, the balance being taken from the stocks ai
the interior towns. Last year the receipts from the plantations
for the same week were 5,573 bales and for 1885 they wer«
1,936 bales.
the plantations
Amount op Cotton in Sight Aug. 12.—In the table below
we give the receipts from plantations in another form, and add
to
them the net overland movement
Aug.
and
also the
takings by Southern spinners to the same date, so as to give
substantially the amount of cotton now in sight.
to
1,
10.
Caterpillars are reporieil to be spreading in black lands,
but no (-eruius damage is noted as yet. The thermometer has
aveiag(d 79, the highest b ing 94 and the lowest 64.
Rainfall for the week one inch and
/ el mil. Mi.isi.smvpi:
eighty seven hundf-dths.
The thermometer has averaged
79 1, ranging from 70 to 94.
Rainfall for the week one inch
btree7iv>Ue, Mi-^sisnippt.
and eiglity three hundredths. The first new bale was received
on Thursday, being four days ahead of any previous year.
Worms are sail to be plentiful. Average thermometer 84,
highest 94 and lowest 74.
tlurksdnle, M's.stssippi. Telfgram not received.
Vic/c.sburg, Missis ippi.
It has been showery on three
days of the week, the lainfali reaching one inch and ten hundredibs. The ihermomecer has averaged 80, ranging from 63
—
—
—
—
to 103.
1886-87.
ReoelpMatthe ports toAiig. 12
ou Aug. 1^
excess of Suptember i
Inttirlor stovks
1885-86.
1884-85.
1883-84.
5,'213,443 4,214,557 4,739,t.59 4,810.928
Ui
i! 1,09 3
32.869
2,851
*30,790
Tot. receipts from planta'tns 5,189,3.55 5,347,426 4,742,810 4.78i),13«
TSS.S-fo
NetoverlauU to Aug. 1
821,131 610.060 573,700
Boatberu oonsuiupt'n to Au^. 1 Stfl.oOO 308.000 264.00O 2»6,0ot
Totalln sight Aug. 12
Nortbem
Ang.
1
C,3C9.235 6,476,560 5,616,570 5,649.838
spinners' takings to
1.828.479 l,752.S08 1,370,287 1,.546.913
.
Decrease from Srpttmher 1.
It will he »-en by tUe above that the deoreaao
*
in amount In sight tonlKht, as compared witl^ last yt^ar. Is 107, <25 bales, tjie increase as
coiupar d with 1884-85 is 752,665 bales, and the lnorea.te over 188U-84
Is7i9,397 baits.
Weather Rkports by Telegraph.— Advices to us by
telegraph loniKht mdicate that in those sectious of the South
whtre the rainfall bad been exct ssive a coisiderable improvement in weather conditions bus taken pluce. Id some districts of Texa- beneficial showers have fallen, but at other
points rain is much needed. Caterpillars are reported in a
few sections, but no damage is noted as yet. Picking is becoming bciive in the Souihwrst.
ttaloegtoti, 'J'exwt — Rain has fallen on two days of the
week, and it is DOW raining bard. The receipts this week are
made up entirely of i.ew cotion, and tl us far this reason
twenty-four hundred and eighty-three new bales have been
received. Average ihermomeier 83, highest 91, lowest 70.
PiUentiiui, lej,uji.
There has been no rain all the week.
Some is needed, but »e are not suffermg for it. The thermometer had averaged k2, the highest being 100 and the
lowest 70.
HuftUiviUe, Texas. Li>!ht showers have fallen on three
days of the wteh, the rainfall reaching fifteen hundredths of
an inch.
guod rain is wanted, but pro-pecis continue
favorable. The thermometer has averaged 87, ranging from
73 te 102.
Dalian, Texas. The weather is still dry and hot, but there
is no suffering.
The thermometer has ranged from 78 to 103,
—
—
A
—
—
Telegram not received.
tfliister, Mississippi
Nashville. Tennessee. Tneie has been rain on two days of
the week, the raintail reaching seventy-one humlredihs of an
inch. 'Ihe thermometer has ranged from 68 to 97, averaging
81.
—
Memphis, Tennessee. Rain fell on Friday and S^iturday to
the extent of fortv-eeven hundredths of an inch. Crop prospects are not so flattering as last week, Theie is a general
lai k of rain.
First new bale arrived here on
( omplaint of
August 11 from Mississippi. The thermometer has averaged
81. ranging f.om 69 to 91-5.
here have been showers on two days
Helena, Arkansas.
of the week, the r iofall reaching ce venty- nine hundredths of
an inch, aside fiom this the weather has been dry and hot.
Crops are g< od. but would be benefitted by rain. Gotten is
opening earlier than laai. year. The thermometer has averaged
82, the hijihest being 95 a d the lowest 74.
Mobile, Alabama —It has been showery on one day and
has rained severely on one day of the week, the rainfall reaching three inches and ten hundredths. Crop reports conflict,
but are generally good. There are complaints of rust, shed-
—
'
ding and worms in some sections.
highest 92 i-nd lowest 71.
Average thermometer
80,
— We
had rain on five days of
Montgomery, Alabama.
the Week, but the weather as been splendid the Ixss twodays.
The rainlall reached twenty nine hundredths of an inch. I wo
bales of new cotton were received on Thursday. 1 hey classed
low middling, and sold at nine cents a pound. The ihermometer has avei aged 79, the highest being 93 and the lowest 69.
Selma, Alabama.— Rma has fallen on two days of ihs week,
the r>infall reach'Og one ineh and forty -one huu'iredtas. The
thermometer has averaged 78. ranging from 70 to 84.
have had rain on three days of
Auburn, Alabama,
the week, the rainfall reaching one inch and thirty-ihree
hundredths. There has been a very favoranle chan>je in the
weather this week. The thermometer has ranged from 68 to
i
—We
89,
averaging
76'4.
Madison. Worida.— Telegram not received.
Mauon, Georgia. There haa been an improvement in the
weather during me week. R iin has fallen on two d*y8.
averaging 88.
l.olumbua, Georgia. —It has raind on one day of the
A.u.stin, Texas.
There has been one beneficial phower dur- week, the rainfall r»achin< thirty-seven hundre iiha of an
ing the weeh, but a good soaking rain is needed. Dry weather inch. The theim -meter haa averaged 79, the highest being
is fi'rcing maturity prematurely with proluse shedding of
86 aod the lowent 74.
youn>? bolls «nd gquares. Average thermomet-r 88, highest
aavanna^. Georgia.— 'R&in has fallen on two days of the
70 and lowest 99, and rainfall twenty-six hundredths of an week, to the extent of forty-eight hundredths <>f an iuch. The
inch.
thermometer has averaged 79, ranging from 70 to 93.
—
—
—
—
—
:
:
.
fTHE CHRONICLE.
218
XLV.
[Vol.
Alexanrtrta, Egypt,
1884-85.
1885-86.
1886-87.
days of
Aug. 10.
Oeoraia.—There has been rain on four
i'^ches and eighty -e.^ht
three
reaching
the
th^Xk
Kecelpts (cantars*)
favorable. Cotton in tDe
This week
hundiedtl.B. Crop reports are less
detroyed and ,„ the
2,923,000
3,613,000
Since Sept. 1
2,916,000
lowlands it is clakned%a« been totally
Kust
plant.
the
injured
This
Since
This
Since
Since
This
uplf.Dds re. cDt exceFgive rains have
howweather,
good
1.
week.
Sept 1.
week. Sept. 1. week. Sept.
aid worms are appearir.g. The present
accomcontinuance
its
l?err has been very beneficial and
out. Yield Exports (bales)—
232,000
.299.000
panied by occasional showerf, will bring the plant
1,000 264,000
To Liverpool
thermometer has ranged
203,000
1,000 176,000
To Continent
1,000 152,000
will be larpe notwithstanding. The
78.
from 66 to 96, averaging
1.000 '408,0001
'502,000
Total Europe
2,000 416,000
received.
rot
relepram
^«an<a, eeo7£:!a.—
j,„:„„
during
* A cantar is 98 lbs.
Albany. tf«jr(/ia.—Jhe weather haa been favorable
accrop
and
day,
one
only
on
fallen
having
the week, rain
This statement shows that the receipts for the week ending
hundredths of an
couLts are beUer. The rainfall reached ten
cantars, and the shipments to all Europe
general, but no Aug. 10 were
pretty
be
to
claimed
are
Caterpillars
inch.
2,000 bales.
damage ytt. The thermometer has averaged 82, the highest
Manchester Market.— Our report received by cable to-night
bting88»nd thelowtet 74.
j
four days from Manchester states that the market is eai-y for both yarns
Charleston, South Carolina.— It, has rained on
twenty-nine
and shirtings, We give the prices for to-day below, and leave
of the week, the rainfall leaching one inch and
hundredths. The thermometer has averaged 79, ranging from those for previous weeks of this and last year for comparison t
Aiimistta
Sll
I
|
.
_
.
Columbia, South Carolina.—'Ve\egiam not received.
of
Hiatehurg, touth t arolina,—U has rained on three days
was
the week, very heavily on Sunday, when the precipitation
oneirchand cinety hve hundredths in forty minutes. The
fifty huntotal rainfall for the wiek has b en two inches and
damaged
dredths. A freshet in the Wateree River seriouely
Bwamp crops below Camden, but upland crops are fine. Average thtrmcimeter 74 9, highest 87, lowest 65.
Wlson, North Carolina.— Vfe have had rain on three days
hunof the week, the rainfall reaching one inch aud thirteen
dredth?. The thermometer has averaged 79, the highest
being 92 and ihe lowest 64.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
Aug.
and Aug.
11, 1887,
12, 1886.
Aug. 1\,'B1. ±vg.
l7Wh.
8
8
Feel.
2
6
Above low-water mark.
New Orleans
Menipliia
Nashville
Bhreveport...
Vick-li'Tg
Al)Ove low-water mark.
Above low-water mark.
..Above low-water mark.
Above low-water mark.
...
Inch.
Feet.
1
2
4
12, '86.
3
7
9
2
4
8
8
»
10
5
1
IKDIA Cotton Movement from all Pohts.— The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Aug. 11.
BOVBAT SBOEIFTS AOT) SHIPMBNTS FOB POOB TB.iR8.
Shipments Since Jan.
IShipmcnts thit week.
Year Great Conlinent.
Bril'n.
1887
1886 5,000
1885 1,000
1884 1,000
Great
Total. Britain
2,0Ot)
2,(.00
Continent.
Jleeeipts.
1.
This
Week.
Total.
3.56.000'648,OOC 1,004,000
7.000 30r!,000 64U,000 946,000
3,000 216,000 458,000 67-1,000
1,000 481,000|C95,000 1,076,000
Tear.
4.000 1,438,000
9,000 1,347,000
2,000 y7 8,0(0
5,000 l,52ti,000
According to the foregoing, Boml)ay appears to show a
decrfWie compared with last year in the week's receiptc
of 5,000 bales, and a decrease in shipments of 7,000 bales, and
the shipments since Jan. 1 show an increase of 58,000 bales.
The movement at Calcutta, Madras and other India ports foi
the last reported week and since the Ist of January, for two
"Other ports" cover Cejlon,
years, has been as follows.
Tuticorin. Eurrbchee and Coconada.
Shipments since January
Shipments for the week.
Continent.
Great
Britain.
Total.
I.
1887.
Iwist.
Continent.
Britain.
Total.
d.
d.
July 8
••
1.=.
:%
318
7S8
as
" 22 738 as
" 29 714 ®7i6,e
Aug. 5 714 8715,,
••
li 7J4S.7lB,g
8^4 lbs.
Shirtings.
d.
B.
06 10
d.
d.
718
51lie7
i7
®7>a
59i,
51a
5Jfl
218,000
94,000
1,000
1,(jOO
5,000
3,000
5,000
3,000
22,000
12,000
3,000
50J
25,000
12,500
Madraa—
lh87
1886
AUotlieig—
1887
1886
1,000
4.000
2,000
6,0CO
2,000
35,000
22,000
23,000
16,000
68,000
38,000
6,00
4,000
4,000
2.1-0)
10,000
f.OCO
156,000
92,000
145,000
52,500
301,000
144,500
,
Total all-
1887...
1886...
The above
week show that the movement frt m
Bombay is 4,000 bales more than the same
totals for thw
the portt other than
week last year. For the whole of India, therefore, the toutl
•hi^menta since January 1, 1887, and for the correspon(iiu>
[leriodB of the two previous yean, are as follows:
XPOHTS TO SrtrBOPB rBOM ALL niDIA.
1887.
Shimnentt
to atl Europe
from —
This
weeic
Bombay
All utlier porta.
Total
le.ooo
JO.O'J
1886.
Since
Jan.
1.
ThU
week.
1896
Since
Jan.
1.
This
week.
Since
Jan. 1.
1,001,000
7,000
9-16,000
301,000
6,(X)0
144,500
3,000'
1,000|
674,000
125.800
13,000:1.090,500
4,000l
799,600
ll.3i>f>,<H*
AiiSZANDBiA Kecbiits AMD SmpUENTS,—Through arrangements we have made with Meflsrs. Daviee, Beaachi & Co., of
Liverpool and Alexandria, we now receiTe a weekly cable of
7
7
a.
d.
5
7
f«6
5
7
6
6
'36
g
d.
a.
«6
C6
1»7i«
ve
Biha
•C6
55ia
6
6
6
SI4
5'l8
The past month has been favorable to cotton, except that rainfall ha?
been unequally disiiibuted in poiut ol time, drouijht ihreatrniug at oiie
period, anit damasius floods folloTviug. In the Eastern belt excess of
moisture piciloujiuates as a factor or depreciation. The weed is theretore large and sappy, aud Iruit-fall appears in soiuo Adds seriously,.
In Louisiana similar conditions have
au(l in Rome cases rust appears.
prevoi'.ed, a:id only very partially in Mississippi. Texas has been too
h:ia
drought
not
nsyel
been disastrous or severe. The
t'O
dry, ihou>;b
prevalent status ot the crop is very good for the llrs of August, while
this
us
critical
time,
and fear the effcci ot subserecogoiZH
a
lepoiti-rs
ijueni driui,'ht"up<in tlie green and succnleut condition of the phint.
yei^rs
of
ten
the
August
condition
is only exceided by
lu a eiuup.irieon
that f 18H2 and 1S85, one producing a targe eioii, the otlier an under
general
aveiaga
of
The
condition
is 93-3, which Is
medium yield.
lower by over three points than that of July. The State averag, a are :
Carolina
South
96,
Carolina
95, Georgia 91, Florida
Virginia 94, North
96, Alabama 93, Mississippi S6, Louisiana 9i, Texas 8 7, Arkansas 97,
and Iennissee93. The nrst brood of catei-pillars has appeared In several ••t the States, but is not generally mentioned iu returns. It is
reported in Orangeburg and Berkley, South Carclini; in Calhoun, Taylor, Booley and Lauiens, Georgia, in Hale and Dallas. Albania; in
Starkey, Newton, lssa(iu<-na and Oktihbcha, Mississippi; in lied Kiver"
Bossier, Richland, Nalchitoi hes and Iberville, Luiiisiaua. aud in Bte
phens. Camp and Jackson, Texas. The boll worm is muoli less freyueutly meutioncd.
(
Collecting the three months' figures of the present season^
and comparing them with the reported condition for the same
months of last season, we have tne following results:
1887.
I88S.
States.
98t
...
94
96
93
96
94
87
97
Tennessee...
9.i
98-0
96-7
97
83
82
97
87
88
85
96
S3
S9
93-3,
95-7
8i-7
JJ.
96
95
Carolina.
Carolina..
Georgia
Mississippi..
119,000
36,oOO
7%
Mid.
Upldt
The Agricultural Department's August Report.— Thewas
Florida
99,000
58,000
d.
•»7»8
«»75s
117't
Alabama.....
Calcutta—
l«b7
1886
Siiirtings.
5'e
5^
Coti'n
8I4 lbs.
^w'-
Uptds]
d.
8i3'J6 IOI2
s^ae loij
8isO6 10is
8 86 10
8 «6 10
8
Mid.
„„ Cop.
„
32»
following statement, showing the condition of cotton,
iesued by the Department of Agriculture on August 10
8.
Great
18!-G.
Oott'n]
Cop.
32ii
Louisiana...
Texas
Arkansas
Aveiage..
9G-9i97-0
S6-7
96-3
97-S
96-7
98-0
96-3
90M
91
76
8L
99
80
79
84
97
92
98
74
SG-1
81-3
67
80
86
77
79
75
88
96
95
87-3
75-3
81-0
94-0-
01-3
82-0'
81-3
93-7
90-3
97-3
85'4
South Carolina Agricultural Report.-— Tne report of
the South Carolina Commissioner of Agriculture for August
1 was issued on the 9th inst., and is based on 271 replies from
correspondents covering every county in the Si^ate. The report says :
On Ausust 1 cotton, which Is two or three weeks earlier than last
year, had a fall bottom crop, and if the seascm continues propitious the
lirgest crops ever produced in the State will be made. The plant has
shed some fruit on aocount of rains. Drouiht aud caterpillars noted In
some localities. The crop was better than for years up to the date of
the reports.
—
The Crop in the Memphis District. Messrs. Hill, FonCo. issued on August 8 their regular monthly crop retaine
port for the Memphis district, which embraces West Tennessee, North Mississippi, North Arkansas and North Alabama,
as follows
The weather during the month of July was in the main favorablo
for c<Uton. This is emphasized by the spleudid reports reeeived from
Complaints
fllississippi and Alabama, where crops are most promising.
are received from Arkansas, where drought has prevailed in some localIn Tennessee rain Is
ities, and damage has been done to the plant.
badly needed lu seTeral sections, and injury to both cotton and corn are
&
reported.
The outlook on the whole, however.
Is
very satisfactory, and a yield
movementa of cotton at Alexandria, Etgypt. The following largely in excess of iRit year can be oonrldeutly anticipated. The seaare the recejpta and shipments for the past week and for the son Is fully two weeks earlier than last year and picking, which will
commence in some localities about the 20th of August, will become
^Onvepondiiig week of tne previous two years,
general throughout (he dlstriot by September IQ.
tiie
.
.
Auau3T
THE CHKOMCLE.
18, 1887.1
First Bai-kh at Mkmi'IIIs.— Ourcorroapondfut al Mcmpliia
telegrapha ub thiit Iho tirat bale of new cotton was rcct ivcd ut
that city by Mersre, Fader, Frank & Co., on Thursday, August
It came from Mr, J. K. Potfraon of Bulivor County,
11.
Miaaissippi, cinssed strict low middling, and waa aold by
auction at SO'^'o. per pound. Another new bale arrivpd today (Friday), consigned to Meaara. Hill, Fontaine & Cd., by
Mr. Thomaa Reedy, Aberdeen, Miaaiasipp). This bale classed
low middling, and brought at auction fifteen cents per pound^
Last year the first new bale reached MemphU on Aaguit 18.
East India Crop.— From the Bombay Company's (limited)
cotton report of dato July 5 wo have the following
:
Tbo
('imtliiiici
iiiniiHonn
waa
though the eruvs
•
oH, I'
u^x^»lIlH ropoit that rulu hai falluu,
there luuii iiLike a lato stiirt.
port of like date
is
219
Tub Exhokthok Cotton from
N«>w York thin wpck ahow an
(nfronno rnmi>arpd with laat wrt-k, thi- t'rtnl n-nrhlng I«,»l
''
'.804 bale* Inat week. Bvlow wo givn our naoftl
the exports of cotton from New York, and
<l>i'
Loh of the laat four wc<!kM:Blii<i the total expoHfl
an<l
liuco Hcptuiiiber 1, IH^.^, and in the laatcoioilia
the i»;.... .^. ihu aamu period of the previoua year.
BzroRTS ov ooTToa (BALBt) raoM Raw Voaa aiaoa Scit. 1, Ittft
Um
:
JCxporUd to—
ITtck
4HMng—
July
July
Aug.
21.
2».
4.
Liverpool
from Messrs. Qaddum, Bythell
& Co.
'a
re-
:
The total storks of cotton now In Bombny are estimated at ahnnt2S0,OOO l>il>-.s: of thU thii nillU holil probaldy alioiit luO.OOO bans, which
laciu il ti ivhout Ihrw) niunths' oiinaiiinpllun, l(]avln< for rxport and
the mill)' later rcniilrcniKnts l.'iO.OOO balos. Abundant rain has filleu
wmk in nearly all the cotCon-t^rowiUK districts, and crop
dwldudly prxmUIni;. Reports from the Borurs and irnist
other Oomra dUtricia are very satlstactary. Accounts from
Broach are also Kood, while In the Dnolleradiatrlots timely rala lias
St last admitted of sowing bjlDK pushed on vigorously,
durlUK Ihe
th.i
JcTE Butts, BAaoixa, &c.—There has been a ateady market for bagging and small orders are coming quite freely.
Sellers are asking 5?4'@6c. for l}4 lb., 6,";i'@6^c. for l''.(lb.,
€J^(a7c. for 2 lb., and lii(ST^o. for standard gradea. Butts
are firmly held for spot lots and dealers are quoting SfguiS'^c.
for paper grades and 2y^@2Jic, for bagging qualities; but
buyers are holding o£t for lower figures, and not much trade
is
being done.
COMPARATIVE PORT RECEIPTS AND DAILY CROP MOVEMENT.
—A comparison of the port movement by weeks
as the weeks in different years do not end
is
not accurate,
on the same day of
the month. We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named. The movement since
September 1, 1886, and in previous years, has been as follows.
Btceipla.
Sepfmb'r
7,401
9,7 iit 447,fl27 eo«,380
04,274 57,ZSft
9.518
9,726 All.ttOl 6«a,67ft
Other Britlab porta
rOTALTOOT. BRITAIV..
9,640
7,481
Havre
Other French ports.
40 3,260
87
41
43,700
44,368
tOTALPaBMOH
40
87|
41
42,700
46,837
226
48,433
70,413
77,290
83,490
67,791
70,fWl
Bremen
Hamburg
1,874
3,260
....
500
733
ROO
7C0
1.238
1,650
...
Other porta.
TOTAL TO No. BUROra.
804
8i.'n,Op'rto,aibr'lt'r,*c
100
479, 1,235 204,041 177,831
roTAL Spain, &o
.
.
..
18(J6.
1885.
1884.
1833.
1882.
1881.
385,642
345,445
090,385
343,812
326,656
980,584
475,757
261,449
163,503
103,375
35,576
11.855
10,194
487,729
385,93B
241,514
111,755
45,918
31,682
19,504
429,777
853,195
974,043
998.807
487,727
291,992
257,099
117,595
113,573
68,679
38,890
1 ,046,092
,122.1641, ,030,380 1,094.697
.104,211 1 ,059,853 1, 112,5 se
752,827
595,59^
482,772
284.51&
185,523
78,504
42,299
Total
5,204,947 5,303,007 4,723,913 4,803,977 5,936,515 1,057,377
Pero'tage of tot. port
g8-45
receipts July 31 ..
98-()l
9904
98-32
98-66
This statement shows that up to July 31 the receipts at the
ports this year were 93,060 bales less than in 18!«-86 and
481,03-1 bales more than at the same time in 1884-83.
By
adding to the totals to July 31 the daily receipts since that
we
time
shall be able to reach an exact comparison of the
raovement for the different years.
1886-87.
1885-86.
1884-85.
1883-84.
2..
«
8..
4..
6..
•'
"
203
162
333
268
« 6...
" 7..
1,018
«•
2,467
1.273
1,297
"
"
«
*•
8..
9..
10..
11..
12..
B.
472
713
479
465
559
845
941
564
1882-83.
8.
1,253
924
409
1,039
93
B.
lis
150
27
'26
12,225
33
8.
210
149
423
B.
338
76
157
204
1,395
217
B.
467
219
673
2,927
1,296
B.
1,300
2,285
1,099
1,284
2,442
916
8.
465
533
804
150
1,781
39,809
14,445
19,539
1
33,984
9.804 10.991 71>B,°81 H-23,218
11.595 13,500
The Following are the Gross Reoktpts of Cottoh at
New York. Boston, Philadelphia and Baltimore for the past
week, and since September
NlW roBK.
RttHptt
Since
S«p«.l.
niij
from—
N. Orleans..
6.487
Texas
JSTsnnah..
SB
Mobile
1886.
1,
No.Carolina
ThU
vuk.
Siiut
8<pt.l.
Btttt*
8tH.l.
Sspt.l.
a.ooo
•
09
1,890
7,766
iii.xia
Florida
3o. Carolina
BALTIIfOBB.
PaiLADILPH'A
BOSTOIt.
T%it
861.793
834.019
182.8)4
U,''»i
io,i«:
17.857
S0,0I9
7,938
48,746
7
148,818
181
69,837
Nortb'n p'ts
eos
Kjaas
1,833
1
K7,166
Tenn..&c....
1.88\
3.459
Virginia....
rorelxn
67,184
......
SI ,879
8
65
7,015
91.910
«4i}rn
19
6j,874
473.138
19
127.8M
^^
«Sl.t83
469.113
l.vnH
ISS.6 3
Loaa
»«7.4'„
1C0,«7«
4,141
5.H3
1.3S7.4S3
SHIPPIMO News.—The exports of cotton from the Coned
Stated the past week, as per latest mail renims, nave reached
20,917 bales. So far as the Southern ports are concerned, theee
are the same exports reported by telegraph, and published in
with regard to New York we
the Chronicle last Friday,
include the manifeats of all vaesels cleared up to Thursday.
Totai btUe$,
per stoamera Arabic, 2,675. ...BritPurn*«8ia. 9 18
City of Mi)ntreal, 2,031
Uiubrla,
Wiscousin, 1,404.
Hlpparehu', 750
9,735
New York—To Liverpool,
annic. 1,IJ9
7H
To Havre, per steamer La Gasoogne, 41
Werra, 182
To Bremen, per sltamers Main, ti
To Reval. i>er steamer A !«* 11. 1,000
New Orleans—To Liverpool, per arHamers Actor. 1.937
41
2-i5
1,000
lo-
Jamaican, 2,15a ...Weit Indian. 2,3-29..
veutor, 2,441
Palestine,
Liverpool, per steamers Uataloulo, 80
8,757
Boston— ro
1,169
1,083
20,917
Total
The
particulars of these shipments, arranged in our
usual
form, are as follows
Liverpool,
New York
9,7.25
NowOrleiins
Boston
8,767
1,169
Sarre.
41
Bremen.
225
Herat.
Total.
I.VOO
10,9il
8.757
1,169
1,01,0
20.917
225
41
19,651
Total
the latest dates:
Boston— For Liverpaol— Aug. 3— Steamer Pavonla, 414.
Cotton freights the past week have been as follows
2,014
711
B.
764
538
eog
329
1,312
809
Total
5,213,448 5,310,550 4,737,349 4,808,933 5,951,176 4,666,244
Percentage of total
98-40
port rec'pte Aug. 12
98-83
09'18
99-14
98-86
This statement shows that the receipts since Sept. 1 up to
to-night are now 97.103 bales less than they were to the same
day of the mom h in tS86 and 470,099 bales more than they were
to tS9 "a'"- -» / of the month in 1885.
add to the table
tut) p^rcj-.-itage? of total port receipts wliioh had beea rccoived
tQ Aug. 13 in eavii of the years nauitvl.
We
17,186
23,173
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
Tot.J'y 31 5,204,947 5,303,007 4,723,913 4,803,977 5,936,515 4,657,377
Aug. I..
266
B.
78
635
1,790
539
"
1,3.0,
481
100
Orahi) Total
1,000
376!
.^0'
Another
Last yenr..
1.
359.203'
October.. l,034,4;>0l 1,0.1 5, •.21
Kovemb'r 1,169,979 1,033,552
Decemb'r l,l64,88t 1,0411,920
January
644,631 513,393
febrnary.
404,272 414,656
March . .
258,332
283,645
April....
89,186 202,866
47,42e
133,147
May
June.
17,648
84,715
July
45,917
14,834
ytar.
1.1
0,S40
Ttalsjear. "o'sTo 1,3»1,513
Year Beginning September
Monthly
]
tept.
11.
9,518
pro.ipetti are
of
Tolmt \P*rtgd
tint4 p rml/Ma
Aug
Almiit forty Indies of rtin have
fnviiriiblo.
rejCL-ttereil to duTo In Hotnhuy. antl satUfaoCtiry ropurtii have brnn
reoKlvi'l rraiii tlm Kiiiiuilelxli, Oxarikwutten auil llroacli ilMlrlct'i,
wlii'i^
i;iirr« liuvt*
lH>en eoiiipl*^t4Hl uiiil'^r fuvordbte oondltlniiH.
Ultima unci tlie Nortliwt'Bt I'mvluces r»ln
holding
f n {<
been
The following
:
:
'
Llverpool,9team d.
Do
sall...d.
Havre, ateam
Do
...e.
Satur.
JfOTl.
Tua.
Wednet.
rA«r».
FH.
Hi'n
H9i>u
^»»«4
H»hi
H<K>6t
H99n
•••
»ia
....
•i«
•••
•l«
*•
•ta
•••
•la
.•••
•la
e.
....
.>.•
....
.••
>••
rF»»
Bremen, steam. .e.
»M
»»
11„
"sa
"»a
"it
aall
Do
sail ....e.
Hamburg. steam.e.
Do
....
....
....
....
..>.
»1«
i«
•la
•la
•la
sall....e.
ha
....
Amst'd'm, steam e. 30»35* 303 3d* 30«35' 30*35* 30935* 30*3S*
Do via Lelth d.
....
....
...•
....
....
....
Reval, steam
d. "«»»!« "M»'ia "«4»'l» "t4»».S »e4»'w "S4»»10
Do
sail
d.
»»<-4
aenoa,steain....<t.
»M»»W
Trieste, steam... 4.
Antwerp,
sto.>''i.(f.
•ferlOO.lba.
....
....
Barcelona,8team<i.
'•><4
7,49:8
....
»».4
>».4
"•«
•H*
»»»»'u hs**is »M»'ie »a«»i8
'»««
»«4
"'S4
>»a4
's**"*
T«M»'«
'»*•'•
'm*"*
"t
•»*^a
«N»
'««'•
—
—
2
:
.
THE CHRONICLE.
220
July
July 22.
4Balf« of the
week
70,000
2,000
bales
Of which exporters took
Of which siK^culators took
29.
00
Aiieust (Ipllvery
8 ^.>t.einher delivery
October (1 livery
7-^
80%
tfiivi-iuher (teliverv
82(8
83»«
fi^neiuber (lel'very
.Taniiary delivery.!
vtav rielirery
5:^.000
5 0i>0
1 ,oo
HO
8138
8038
SlSs
8i%
83
Sl^a
hS"*
8438
8508
SO^s
9i>i8
9i.38
90
Su^a
90%
^'^''s
June delivery
rn.
80
8.. 89
80 >«
S'lSg
8178
8>i4
!-4%
HIHr
81%
83
83
8b
8138
8558
84>a
90%
9u^
9038
8.">°«
•
1.00'
l.l'OO
Sal.
Aug. 12.
44.000
2,000
50,000
.^,.
S.
of no. 2 uao vrisTua wub&t.
Man.
Tues.
Wed.
"A'.r*.
7H34
TSSs
8018
7 <H
80
UAiLir OLOsufa puice^a
IjIVBepool.— By cable from Liiverpool we Have tno tollowmii
itatement of the week's sales, stocks, &c., at that port, We
dd pTeviouB weeks for comparison.
Aug.
XLV.
fVoL.
Indian corn met with an active speculaiive demand for future
was a sharp daily advance down to the
9,000
5.0
Forwarded
close of Wednefdity's hu-ineas. There can be no re»80oable
631.000
000
638
704.'
00
677,000
Totnl stock— Estimated
Of which American - Estlm'd 438.000 40SOO0 3''6.oo0 3;>i.ooo doubt that he CI op in the great corn-growing action of the
51 00
32.00(1
14.000
211,01 10
Total imp<»rt 4)f the week......
8.0'
21.000 Mississippi Valley has suffered much from liroujjht. In other
9.000
9,000
Of whicli American..........
(1,^.00
9'
000
98,000
88,000
Amount afloat
25.000 parts of the country there is promise of an increased yiel I, but
34,000
25,000
17.000
Of which American
not enaugh to prevent a deficiency in the aggregate out-turn.
The tone of the Liverpool market for spots and futures each The Bureau report was fairly favorable, hut of course it could
day of the week ending Aug. 13 and the daily closing prices not take into account the severe drought (nt the critical
stage of the season) which followed the date of firwarding the
of spot cotton, have been as follows
information on which it was based, and it had little effect;
but copii us reins on Wednesday cau^ed heavy selling to realSaturday Monday. Tuesday. Wednes. Thurtd'y. friday.
Bpoi.
ize, under which a part of ihe advance was lobt.
The higher
Moderate In buyers'
Market,
In buyers'
Steady.
Steady.
Quiet.
favor.
demand.
favor.
piioes materially checked the ba-iuess in corn on the spot.
12:30 P.M. \
5J«
5i«
To-day the market was dull and easier; N \ 3 mixed on the
6SP
5'a
Upl'ds
5>a
..
59.000
10.000
Sales American
Aetna] expert...
41,000
34 000
42,000
ft.OOO
5 000
7,000
3,00 1
5.000
delivery, wnil there
I
'
>
MldOrl-ns
5J3
5 la
12.000
2.000
10,000
8.000
1,000
500
51a
6,000
8,000
7,000
500
500
500
Qnlet.
Steady.
Steady.
Mid. Bales
Bpeo.Aexp.
la
ft
fpot sold at
Hitures.
Steady
Market, \
12:30 P.M. \
Market.
<
Oulet.
\
P V.
Ka»T.
Quiet at
at
IJU
Flrni.
decline.
2-64 de-
raHy.
Steady.
N vem
Tte opemn^,
highest, lowept
and
Quiet and
.t.tmny.
clotting prices of futures at
Xcverpool for each dsy of the we k are given below, Tbest
prices are on the basis of Uplands, Low Middling clause, unle> s
otherwise stated.
The prices are given in pence and 6Uh», thus:
'.. and
01 means tt l-61d.
Mon., Aug.
Sat., Auff. 0.
Open Bigh Ltnu.
d.
d.
Clos.
Open High Low.
d.
It.
Si8 B28 52<j
»2« 5 8(1 5 2U
September 526 5 2« 5S«
B 16 S 15 815
Bept.-Oct..
Oet.-Nov... 5 ON 508 5 0i<
d.
...
5 28
629 6 29
^26
5S6
615
6 27
5 0«
NoT.-Dec
aw
6 08
5 06
5 06
1>ec. .Ian ... sm 5 0« 606 50«
Jan .-Feb.. SOG SOS 5 06 5 06
Feb. -Mai ch 5 07 BOT 6 07 507
627
5 16
5 10
6 07
Cios.
5 27
5 27
I
d.
d.
Open'Htfl/i
5 27
6 25
5 2)
6 27
5 25
5 25
616 5
1.T
S 10
5 08
5(17
bt>t\
d.
5 24
Lmo.
Clnt.
d.
d.
527 5 24
n2; 6 24
Sv2 52
613 514
516
608
506
5 06
5 04
.-07
5 22
5 2.'
5 13
5 06
S04
503 f.C4 •03
f 03
.04 50(
B07 5 0i 6 05 6 05
B07 5 0: 5 05 6 05
608 508 6 06 606
5 01
5 05
5 05
delivery
4!i»«
Dioeuiber dellve. y
4i»%
»-r
51
51(4
5138
M\
May
SCa
51 %
Si's
5.(4
de.ivejy
10 Thnra., AuK. 11.
Fri.,
High
d.
d.
L(yiv.\ Clos.
August
528
M.ng.'»ept..
5 25
Aepteniber. 5 26
B25
616
5 2U 629 5 28
526 5 26 525
5 26 BlS
516 5 16 BIB
Sept.-' let.
Oct.- Nov
5 DI- .SOU 519
Nov.-Dec... BITS 5 OH 5i«
. .
Deo.-Jan
Jan -Feb.
05
.. 5 05
Feb.-March 6 06
f
5 09
5 On
5 05
5 05
5 0i
6
5 06
606 6 06
0,')
5 05
Opf n
Hiflft
Low.
d.
d.
d.
d.
d.
5 05
626 6 24
522 522 5-.f2
^22 5 22 5 22
512 5 12 512
5 06 606 5U6
5i8 5 04 6i'3
50i &U.S 5 02
5 14
5 02
6 03
6 03
5 ('2
5 03
6ul
Clot
5 24
6 21
511
6 07
05
5 04
August delivery
Septeiubei ileiivr.ry
Ootoiier delivery
d.
6 05
Aug. 12.
d.
d.
Si^s
32
Rye
IB
(lull
and nomiual.
3138
3138
ai'rt
3.%
weight.
L'ue following are the closing qaotaCious
Fine
.<w* boi. «2 10»$2 -^S
2,hOn 3 lo
Superfine...
'^ ^'tft
Bpt tu.;
ucttt extraft.
o 15
Hiuu .ear aud8Cra*t. 3 2.5" 4 2o
Wi I. r iiii^pVeJ'trnii. 2»J» 3 20
Clos
Patents
liuutueruaooeis......
5',!5
5^5
B2-i
5 2J
5 22
5
22
5 2/
o22
5:/2
512 512 6 12
5 06 5 06 506
sot 5 04 5 0.4
6 03 503 5 -a
4priu^ No. 2
5 12
Sed vlunr. No.
^oe
5>4
ied <»iDt«r
72
78
79
74
VhiXf,
7(>
5 03
5 04
3 03
5 04
Bi'3
5 03
6<4
at the
reduction the
buiintss for export was
demand
more
m
prices
mateiially improv.-d.
liberal,
and the
those from Bpriug grinding of old wheat.
31%
32%
Frl.
311s
311a
3i3g
33l«
the
:
8 "itb'nootu. extras. $3 253$3 40
d mtnerii .laKer''-*aiuily br do f bbl 3 5'ia 4 25
R 'e Hoar, superUae..
63* 2 9j
Fine
2 2oi» ^35
•i
2
-
2
404 2 70
709 2 75
Wheat-
Kyo-
.^..ai^.iier
Daau.
Corn -West. lalxed
test. mix. No. 3
*eBt. wuite
..
4;
811a
7
c
HI
i>
<-2
.Vo.
9
2
mixed
82
10.2
W'iit.e
M.*i.
)tai,e
>atB— ^Hixnu
*UI«) ...
(
a
4.14
5z,
a
.14
50
n
52
... .a
... .a
...
basil.
52
30
34111
..
3.
-9
54
a
.>4
•»
«o
is*
<2i4
o5%<» 37
'Parley— OnuadH
50
43(«<»
veildw...,.
White oailiern..
YiU 'W HnathHrn.
*
& Pa., $
»
....
....
<•
rwii-ruwed :4late
-.
Mtate
Siaie. 6-ro ved. 77
ttt.tie, z-niwed....
o7
9
ai>-i'itweil
lair
—
C'auaila
feati (Jauada.....
—
85
,
ti5
9 82
* 72
a\
A
i>it
tiH
>ra Pro(lU(» Hixcliauite. We ttrstgive tno reueipta at Western
Ke aurt rivor porta, a r luxed so ae Co pr.-H.iui, the Comparative movement for the weeft endiUK Au^. 6, 18s7, and since
The
1
J. ill 24. ^01
eaon of
years.
i}rie lartt (.riree
local t^ad^
aa well as over
To-day tha market
is dull.
The wheat market gained strength and made some improvement in values during the first half of the week. The
vi-ible
supply ilid not gain so much ai was expected, and
there wa
natural sympathy with the quick adv,ince in corn,
thou^^h it
was not pretended that wheat had b ea seriously injured.
O.i
Wednesday, however, the Bureau report was bet er
tnan aa
been expected, and not only checked the advauce,
but oaus.
on Thurafiay moruiog some decline, whica was
p Lriiailv
recovered on the revival of export demand irom the
CoatiuBut
To-d.)y tLe mirkfct was dull and weak for
both soots and
Receipt! ut
Wneat.
nauir.
Oor,..
Otu.t.
1
earuy.
1
«»..
Bbl* lvM/ri»i5tMii.an//i. BlMH.SH II.' BiJio.iil /A.. Butlt.i^ib- Jtuah.i'i f $
1 15..598
jmiauiu
a 6.5i»
1,0^3.481
I,2US.947
41,493
18.794
02,860,
Milwaukee...
146.010
7.2.J0
5i,9o0
4,023
6.280
a.'iss
I'lileUu
62 .133
2.737
Bl 124
»,44S
•elri.lt
8,lS7
3 11. .106
7. 1-40
66.4(4
6,210
8 Mid
vlQTelaiid ...
77..'iUO
7.1.',0
01.O.it
24.7.W
.t. LtlUlS.
1,096 49;
13)505
29J.I^.I0
1,200
6.472
'e<ina
l.S;6
51,998
•aiutn.
50..il)0
»8,20U
345.200
1.200
10,4)0
2J4.558
rot- ..». If?
257.^4?'
2.903.689
1.270,048
2,081,039
68,147
49.46i
^aul« WR.'H
1« ..» WM.'HS
I70.HI9
3,>I63,1U1
1.72 ..SO J
1,1)95.500
142, 13 J
10(2.134
15.634
J8,677
y*iM;. ./ulti
U9.949
1.216,.86
1,061,8)9
.247
a.»03.6~»
7,129,U0J
2.6i8.U33
1,27
067,053
M
,'
1" 7*
2
Liv-wl.,
3
i5,
3
.
.1
faturef.
53%
Y
but
was
under the necessity of replenishing btocku. Invoi es of freih
ground from old wheat were most in request, and brought
some premium over lots made from new wheat,
54%
rhe uiovuinent of tireadstutta Cu uiarKei ts luaicaieU in toe
8.aieuiuuui neluw, prepared oy us (ro(U \aa dgurus of tne New
Fkidat, p. M., August 12. 1887.
market shows some further decline
5.1%
!,-ZH
liKJLltt
5 25
BREADSTUFFS.
flour
:;•!
52-
5 04
511a
52
I'll
5 25
6 03
50%
5^(8
53
53 14
39>o 4^5 C
aio^—
* 'Kierii. .«o ..
4
4 70
3o0d 3 2j
Braudywlne...
d.
I
The
XXX.
t
25
03
03
501a
viAiua.
52:!
5 04
Fri-
49
%
season, but views are rather stiougtr than last season. The
Ca'aiian crop is said to bo of good color, but deficient in
.23
bli
60«
504
5.%
4»l5fi
!i(
Thurs.
31=8
31^8
3 -.'58
M-^
33
321,
31
3314
3314
3.1a
Barley has not op-'ued for
31
..
504
Open High Lmo.
d.
Ml
5i(a
51%
Oiti have been without decided change, but the fluctuations
were gtu^raly toward better prices.
Tne staple would
naturally sympathise w th corn, but there Is no douDt a good
crop has been grown.
To-day the market was dull and
mixed grades easier,
Winter <.X
Often
4yi4
5(38
48 >8
.
Werinea., Aug.
49J.^c afloat,
4!ll4
.^0l8
JiiiUHr.\ delivery
5 27
f
5 04
and
DAILT a:.os:NO prioes of no. 2 oats.
X,n. Tues.
Wed.
Tues., Auff. 9.
ti
4T%
4^%
November ueuvery
d.
AnR.-Hept.
August
5 63 meant
in ttore
September delivery
Oo.ober ilellverv
Steady.
cline.
\
48iii; 1*490,
DAILT CLOJtSO PRICES OF NO. 2 MIXBD COBH.
Sal.
Mon.
r««.
Wed. IKurs.
"^
From
19i,7U
A'lgust
1,04'
n
S.M l.i^b
2,080,059
3. 130.011
196, 769
2.8 3.39J
1.7rtl.75l
a-J.57i
66,1
49,458
1P5,8B7
75,628
1.
The comparative shipments of flour and xrain from the same
I to Aug.
1SS7, iacludive, for four years
ports from Jau,
:iUow au fciiuWH?
(5,
.
.
AC0U8T
THK CHKONiCLi?.
18, 1887,J
6,8 14,482
1885.
6,016,267
1BB4.
6,436,144
30031.131
3(>.S8S,880
49.301,339
27,791.370
59,612.068
28,919,518
2,666.u66
81.040,122
S4,04«,l»l
2 '.rt';!3.797
1886.
•1887.
7,860,055
Ploar.
.bbli.
Wheat
buah.
48.58:<,078
87.(i87.oai
Corn
29,311.642
3,461.893
610,890
OrttH
Barley
Rye
Total craln.... 118,564,4d4
887
912,1 30
*, 404,
^.:52,3!ll
3,342.171
1,062.4'I4
118.640,808
113,000.773
120.804,672
From Jiinuarr 1.
Belov7 are the rail shipmenta from Western lake and rivL^
ports for four years:
*
Floar..„
bbl».
1887.
1886.
Week
Aug. a
Week
Ami
7.
«6,972
13'.'.454
119.393
226.635
.
1,083,4X5
10.309
8.931
240.092
203.575
1,119,733
15.192
10.683
1,448,753
1,589.275
188.^
Week
Week
Aufj.a
68,198
U6.277
J884.
Alia. 9
166,766
400,6 Ki
3U.842
347.5.'i2
682.2)0
6,&.M
0,340
€09.102
6,827
16,340
1,161,749
1.380.437
The rail and lake shipments from same ports for
weeks were:
last fcu>°
Wheat
bUBh.
^
Corn
OatK.
Barley
Rye
Total
2,477,5-.i8
buith.
buth.
8 <4,^2S 1.330.822
1,052.942 l.2a4,.'>25
790,001 1.240.674
1,230,845 655,977
Barlty,
bu*h.
10,309
9.960
4,854
13,705
Tot.. 4 w. 1,226.618 10.819,432
4w'k8'86. 889.151 6.6.^9.4.76
3.908.314 4.727.908
6.735.538 3,375.607
38.837
43.814
Week
Flour,
Corn,
W/ieal,
$n<iinij—
hbls.
A,\ig. 6. '87 2^^.-<'^2
Jlllv30,'H7 300,908
btish.
2.3(8.312
2.1)46.077
July 23,'87 320.147
July 16,'87 316.681
3.367,485
Oat$,
Ry.
b%t»k.
2.'',9;j
1
15.134
28,909
27.836
97.810
48.489
The receipts of flour and grain at the seaboard ports for the
week enaea August 6, 1>J«7, follow:
Wlieat,
Com,
Oatt,
Barley,
Ry,.
flour,
butli.
frtwA.
butf,
buth,
bblt.
busk.
AtNe« lork .... lil.476 1,361,638 1 12.636 53''.600
646
Baltimore
60,780
10.326
12.016
68.8t9
Biohmond
1,775
Beaton
Hontreal.
Philadelphia...
NewOrleaui...
151.440
516.638
724,061
950.694
27.014
192.235
21,637
44.915
163,066
23.1168
14..i37
30,898
5,39i
8.284
14, ^37
80.486
44.635
7,416
31,537
500
too
6,''90
180
210,332 877,277
600
7,416
847,505 426,937
2,520 27,214
The total receipts at the same ports for the period from Jan.
1 to August 6, 1887, compare as follows for four years:
1886.
*l8b7.
1885.
1884.
7,3l.i,570
bbls.
8,441,013
9,327,387
flour
7,505,045
Total week.. 296,8-8 3.943.720
Oor. week '86. 271.088 3.323.104
.
Wheat
54.012,825 26,467.527
30.700.473 54,890.631
19,538,630 20,733.334
2,397.858
2,216,065
572,4()3
346,737
25,669.072
57.;69,266
21.548.854
2,368,961
668,607
31,018,533
31,337.314
107,040.50(1 104,836,137
107,424,760
85,701.7^9
buah.
Corn.... ...
Ottte
Barley
Bye
Total grain.,
*
From January
17,283.821!
2.415,344
3,l51,6d2
1.
from
-
New York
Bjaton.
Wheat.
Corn.
Buth.
Buth.
249,369
8,050
1,346,277
119,510
136.555
296,569
190.836
673,362
67,633
..
N.NewB..
Hontreal.
PhUadeL
BaltlmT)
N.Ort'ns.
Norfolk..
w'k 2,930,742
S'me time
Tot.
1886.
..
The visible supplv of grain, comprising the stocks in granai r
at the principal points of aooumiuation at lake and teaboai d
porta, and in transit by water, August 0, 1887 :
/n flora at—
New York
Do
afloat......
Whtat,
Oom,
buth
buth.
1.622.897
41.200
buth.
buth.
3.116.436
234,390
363.879
26,.579
J
53.600
36.680
I3.0OO
7.000
>7,»91
1,136
943,'isii
60,730
18,23d
lo'.abo
17.762
1»,6»»
94.'t43
38.733
1,773,567
Flour.
Bblt.
8 4.558
OaU.
Rye.
Buth.
Buth,
Peat.
Buth.
4,982
17,142
180,453
11.055
2,500
22,701
20„571
95,633
2,437
455,014
239.355
2.754
4il73
54,525
5! 8,310
135.454
23,769
4,836
77,642
The destination of the exports
1,805,446
23.600
833,378
OhlOB^
Do afloat.. ••••
7,8 Ills 18
3,115,113
MUwankee....
1,083.110
"471
Albany
BaBklo
Do
...
Dolnth
Toledo
496,249
40.000
Detroit
^OsweKO
Do
3,920,043
89,300
afloat
Olnolnnatl
Boston
roronto
Montreal
Philadelphia
Peoria
IndlanapolU .....
Kansas City
Baltimore ........
IKtnneaimllB
Paul
On MInslsslppI ...
On lakes
On cauiil Sc river
40.000
176.851
126.000
6r 5.650
1,175.434
84,000
Flour.
Aug.
1.325.993
3.240.025
145.000
161.200
1.702,'44
2,t 80.000
.
I
0tli.c'n't8
159,402
17,030
32,608
12.541
15,901
1,964
Total...
239,365
Contln'nt
8.<kC.Am
W. Indlee
Brit.col'B
By adding
49I5V3
We
as below.
add
Oom,
7.
1886.
Week.
1887.
Week.
Aug.
G.
Buth.
97,5.^7 1,801.478
2,250 1,020,009
15.705
255
11,466
7,997
Aug. 7.
Buth.
937,176
936,391
Aug.
6.
Buth.
304.848
105,846
Aug.
7.
Bu'h
3r',493
416.562
73,189
57.352
5,037
7.798
50
742
1,415
455.014
558,316
609
135,484 2,830,742 1.773,567
Wf.ek.
2,0i)i)
season:
Sept. l.'se.
tn Allj.
1887.
BbU.
SepM.'SS.
U> AU'J.
1886.
7.
BbU.
Cn.ElnKdom
fl,342.204
Continent...
517,183
4.&g6,e«5
187.266
e.iC.Am...
West Indlea.
1.015.263
808.279
783.?19
498.657
38.-48
8£6,785
531,368
31,8S6
9.17J.879
6.»79.468
Total
4.000
12.363
8,000
3.044
30,000
6,644
33'.(>32
S,602
663
3,100
181
63.600
194.200
637.332
300,100
2.33.349
7,309,148
7,542,466
8,6X5,346
4,560,722
4,171,812
:,868,400
2,081,080
2,021,231
2,386,298
1,668,468
17,0C0
60.800
125,033
128.214
252.884
105,786
180,613
306,411
268,453
420.847
176.036
211,546
•Lust week's stocks this wc«k's not received,
Minneapolis and Ht. Paul not Included.
;
Agricultural Department August Report.—The report
Department of Agriculture for August 1 respecting
cereal crops was issued on August 10, as follows:
The proipect a month ago was for a very heavy ci op of com and 8
of the
rate of yield about tlio avoragp. Its condition In all the States of the
Atlantic Co.tst is now unimpaired and of very high promise. In Tcxaa
and Tennessee the condition has declined materially. In the .central
corn region, however, in the valleys of the Ohio and Missouri, where
two-lhirds of the crop is grown and the commercial supply Is procured,
a very heavy reduction has taken place, which has made the national
average 805 Instead of 977 last mouth. The cause is long-continued
drought, which has been severest in Kansas. Illinois, ludiana. Ohio and
ftliohigan. Nebraska has been scorched on the southern border, and
Iowa and Mis.souri have escaped with comparatively ligiit loss, as have
the more Northern States. The seven corn surplus Slates Btand »* follows: Ohio. 82; Indiana. 61; Illinois, 65; Iowa, 90; Missouri, 80 ; Kansas. 60: Nebraska, 75.
The conclition of spring wheat, repotted very low last month from
ravages of chinch bugs, is not improved in the August retuins, but baa
fallen off very slightly, the general aveiase being 78-8, two points leas
than tbe August returns of last year. Dakota bas made a slight gain,
and stands highest in condition. The average for Wisconsin is 73;
Minnesota, 74; Iowa, 72; Nebraska, 77 Dakota, 89. In the extreme
east and ou the Pacillc coast the condition cf spring wheat Is high.
There Is no report of winter wheat tbe present month, as it is too early
to obtain results of threshing.
In the oats crop there is no change. A part of the breadth was harvested at the last report. Condition averages 95-6, which indicates a
crop slightly under average.
The barley crop promises to yield rather better than was feared last
month. The Eastern product averages higher condition, but isrednctd
slightly since the last report. The average is 86-2, indicating nearly an
The buckwheat area appears to be practically the same as
and averages about 93 in condition.
Sept. i.'se. &pt.l.'85. Sept.l.'m. 5«pe. l.'SS.
Jo Aiuj.
8,
1887.
latt year,
is
THE DRY GOODS TRADE.
New
to
7,
Awj.
1886.
to AtM/.
6.
1887.
to .lU'J.
7.
Buth,
Buth.
Buth.
Buth.
a0.4S,\»7!8
«,6S3.071
30.000,833
38.573.38o
15.538.800
10.3aP.678
17.421,.i00
47.1(22
16.818
753,627
1,211.705
8.C81
61B.088
S65.U8
m.959
144,748
S.194
13
64.088
81.248.882
38.(78,378
35.829.618
5a.324
Aug. 13, 1887.
P. H.,
was only [moderate the
and the main features of the market are unchanged.
Wholesale buyers have " stocked up " so freely with fall
goods since
last
May
that their supplies
73.340
58.833
2.T8
on hand and outstand-
and
some little time will probably elapse before they are compelled
to renew their assortments. New business in commission
oirclea was consequently light during the week, though there
was a fair re-order demand from a few of the interior matk«tP,
ing orders are ample for the pursuance of current trade,
which, coupled with deliveries on account of former transac,
tions,
reached a considerable aggregate amount.
that
little if
of year
more
activity,
but
The jobbing
it
is
probable
any more than an average business for the time
was accomplished
in this department.
1888
44.477.528
.S5.119
Tobk, Friday.
tbe dry 'goods trade
trade bas displayed rather
Corn
Wheat.
Flour.
Brtt.Cornle9
Oth. oountr'B
26.000
past week,
18S6
1887.
Week.
this
6,
1328
67.006
108,677
33,0DO
168,184
77,400
146,420
22,500
16,682
t
me
week's movement to our previous totals we
have the following statement of exports this season and last
Exvortt U>-
18,707
a great reduction since the first of July in the condition of
potatoes, almost entirely the result of drought. There is no material
decline on the Atlantic or Gulf Coast, but the injury is severe In the
West. The loss during the month, as reported, is fully 20 per c»nt of
tbe prospective crop.
is
BbU.
Bblt.
On.Klng.
23,709
230.363
14,000
94,777
110,200
216,3.^0
181.2.52
86.000
i',006
8,382
Tot. Aug. 6,'87. S:'.' 91,097
Tot. July 30.'87. 33,132,228
36,752.974
Tot. Aug. 7.'90
Tot. Aug. 8.'85
39.146.239
Tot. Aug. 9.'8ll 16,543,952
There
Wheal,
1886.
Week.
1887.
Week,
6.
64,050
423,761
average yield.
Cl73
E.-yporls
Aug.
14.802
3.025
46.000
1,296.637
28,500
15.000
62.863
1,221,664
As a whole
week
lo-
6,850
1.8911,012
8t.Loul«
St.
20,.'
ay*.
afloat.... ..
eorreaponding period of last year for comparison.
fot'
OaU,
;
The exports from the several seaboard ports for the week
ending Aug. 6, 1887, are shown in the annexed statement;
Exports
221
a small Broadway jobbing house
The
failure of
— Knisely, Todd & Co. —waa
announced, but caused no uneasiness respectisg the general
soundness of the trade.
The
liabilities of
the firm are only
about $100,000, and their assets are said to be (125,000.
—
DoMBSTio Cotton Ooods, The exports
from this port for the week endiog Aug.
of
9
cotton
gcod*
wtie 8,888 peck
w
:
:
THE (HKONICLE.
222
Thesa ahipmenta iuclude 1,469 to
mges, valued at |224,267.
South America, 453 to the West ladies, 175
to Mexioo, 100 to the
to Europe, 149 to Central America, 138
Since
countries.
other
all
23
to
and
EMt ladiei
packages,
123,054
aggregate
exports
the
Jinuary
helstof
695
nalued at $7,2^7,044. Of this total China has had 64
China, 863 to
valued
packages, valued at $3,064,964; and 24,629 packages,
similar
the
$1,767,711, have gone to Siuth America. For
at
period ot 1886, the exports to
all
ports reached 139,403 pack-
ages and in 1885 were 113,747 packages.
staple cotton goods at first
bat there was a steady
hands was
The demand
restricted in
for
volume,
and colored cottons
and stocks are so well in hand
movement in
in execution of back orders,
plain
for
that the market retains the buoyancy of tone reported
cloths
Print
business.
months past, despite the late lull in
«ent, for 56x60s.
Stocks last Saturday and
hosiery
and fabric
the corresponding periods are as follows:
Imi
i i^
O
g-ri
gp
1-3
IB
Dtalo
nt'df
n
or
Ctotton
1887.
Ueldby Providence manuf'ra. 156,000
Fall Kiver manufacturers... 135,000
7*2,000
Providence speculators
85,000
Outslde-speculatora (est)
448.000
Aug.
7,
Aug.
I
a,
o
<
mark
18»4.
412,000
622.000
310.000
200.000
<£>
to
to
-1
to«^
M-^M^03
to
pM
yt'CDUirO to
m
•sJQO
M
to
W*»O0S'-*
Op
'
was a steady
business in
"a
I
MM
w MM
WW
IT)
Ckpltal Hnbscribed
8'j,000,000
In (Cash)
1,OOU,OUO
DEBENTVRES.
lVearinK6 per cent, ninDinn ten years and based
upon Western Farm MurfeKaKes, held In
trust by the American I.,nan & Trust Company, of
New York, for th« benefit of the bondtioidurs. Their
safety, time to run and rate of interest make them
the most desirable investment now offered. Also.
ftxcluslvely
VUABANTEED FARM MORTUAtiES.
OFFICESi
•w
York. 208 Broadway
Boston, SS
Conrt
St.
I
I
Philadelphia, 118 8.4th St.
Kansas City, 7th* Del.Sts.
Important Notice.
TO HOLDEES OP KANSAS EEAL ESTATE
UOBTaAQES:
XWCiOP —
h-Mww-a
Otawii^on
tow
O
I
VwVo^
cooooo
Ik OS
'JO
OV<*-_i^_W_
gi CO
j
'<£>
1
•«>'
a:
OD<l
I
« l-'»C*.-4rf*
1
ceo**^ j'^
^-Ce
tf^MM
^osailk*^
1-^.
I
Kiitute
WESTERN
eUARANTY
LOAN
CAUPENTER
Bankers, Troy, N. Y.
Eastern Managers for Comnany
BOTH! .NG SAFER. ALWAYS PUOMPTLTPAID.
8KND FOK PAMPIiLKT.
JOS. A. RIOORE,
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Bonds oi Suretyship.
OXHKR BVSINE88.
IfO
The Guarantee Co.
OF NORTH AMERICA.
C.ih Capital
A isets and Keeources over
U iposit with Insurance Department
THROUGH THE SOUND AND
REMAKI.E
WESTERN FARM MORTGAGE CO.,
LAWRENCE, KAN.
F. M. PKRKIN8. Pres't.
L. H. Pbkkinh, Sec.
.
.
.
Paid Up Capital,
8230,000
The choicest Jiirst Mortgage Farm Loans, also the
Company's Ten Year Debentures, based upon its
paid up japital an d assets of over 1650,000, No losses.
Kleven rears' experience, with absolute satisfaction
to over 1.500 investors. Send for circulars, forms and
information. Branch offices in N. Y. City and
klbany. New York Office 137 Broadway.
full
C. C.
HINK A SON, A
»aoo,000
eO),(100
240,000
Vice-President
Hon. JA8. FIBRIIB.
President
8IB ALIZ. T. UALT.
Edward Rawunqs.
NEW YORK OFFICE:
NO. Ill BKOADl«rAY.
INVEST
D. J.
New Vork
:
TOMPKINS,
Secretary.
DiR«crroBS— Joseph W. Drezal, F. P
Oioott. Ij'uan C. Murray, I. B. Pul'<forrt, Tohn Paton
Duncan
B. F. WinMi iiw. n.rHMr.tf ,vimtin. W. Dull
FIJDBLITY
2U
Noa.
ft
2ie
&,
CASUALTY
CO.
BROADWAY, NEW YORK.
Cash Capital, |250,000, invested In U. 8. Gov't Bondi,
1200,000 deposited with the N. Y. Ins. Dep't, for
the protection of Policy-holders.
Assets, January 1st, 18«7, t578,105.
Offlclals of Banks, Railroads and Eipresa Companies, ManaKers. Secretaries, and Clerks of Public Companies, Institutions and
Commercial arms, can obtain
BONDS OF SUKETYSHIP
Company at moderate charRes.
The bonds of tnis Company are accepted bT tht
from
6%
te Sums of $100 and Upwards on
Indiana and Ohio Bonds.
^M
OSM
ManaKing Director
MortsaKes.
Farm Mortgages
s
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OlCfl^Oli^
MtOCJOCOS
;
'^oxtQ^ts,
Bend to HODGES A KNOX, TOPEKA., KANSAS,
tor Free Pamphlet coDtalnlng the oomptled Lawa of
Kanaaa relation to Beat
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Real Bstate Mortgages on City
and Farm Property, worth two
to four times amounts of mortKftKes, IntereNt tf per cent to
7 per cent, principal and interest absolutely guaranteed. Securities for guaranty held by the
CO.,
American Loan & Trust ComMINNEAPOLIS, pany, of Boston, Mass.
Send for circulars to
Pald-Up Capital,
NEllER <b
8!i00,0UU.
8-4.000,000
^:)tO
WM
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NORTH-
Anthorlt'd Capital
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Mortgage Company.
-josk-'CDyt
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'firm.
EQUITABLE
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Domestic Woolen Goods,— Spring- weight clothing woolens
met with rather more attention from clothiers on the
spot, and some very fair orders were booked by the representatives of commission houses on the road; but buyers are still
cautious, and disinclined to operate with their customary freedoom. Cheviots were relatively more active than other men's
wear woolen^, but a fair business was also done in worsted
For heavy
Buitiogj and all-wool and cotton-warp cassimeres.
voolens there was a light re-assorting demand at first hands,
and moderate sa'es of cloaktngs were reported in som'? quarters,
I J K>»ntucky jeans there was a steady movement on
account of back orders, and fair sales of satinets were reported
by agents. Worsted and all-wool dress goo Is were in fair
request, and fl mnels and blankets were more active in jobbing
eirclep, as were carpets, shawls and skirts, and prices remain
:
:
i^
OS OP to go cw
hiave
o
*-^
tOWMtOA
COW
to
ginghams, cotton dress fabrics and hosiery, at unchanged
^ices.
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tOvJ
222,000 1,279,000 1,544.000
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to
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unpt
-to
1885.
Iff
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oonsi
et...
Printed calicoes were in fair demand, though rather less
active than expected, while there
1 Iri
o
I
9i
415,000
253,000
320,000
2^5,000
1886.
74,000
29.000
94,000
25,000
Aug.
8,
Wool
Tot
al
i
g;
&
Flax
o!
MMtOM-^
6,
B
Bilk
cr
Aug.
Total Stock (pieces)
gloves.
three
for the
XLV.
Importations ot Dry Gooda.
of dry goods at this port for the wetk
importations
The
anding Aug. 11, 1887, and since Jan. 1, and the same facts for
previous years were as follows
Stock of Print Olotht—
fVoL.
Foreign Dry Goods— The demand for imported fabrics
was somewhat irregular, but a fair distribution of som3
descriptions was made by importers and jobbers. Dress goods,
silks and trimmin; veWe'.s were more active, but velveteens
ruled quiet and unsettled. L'nen goo is and handierohiefs
were in better demand, and very fair orders for light-weight
clothing woolens were placed with importers. For white
goods, laces and embroideries the demand was chiefly of a
hand-to-mouth character, but a pretty good trade was done in
were only in moderate demand, but prices ruled fairly steady
less 1 per
•t 3 5-16cI,,e88 1 per cent, for 64x64s, and 2 15-16® 3c ,
Vald
:
ooorts of the various States
The American Tnvestment CompanT, of Em
metsbDrg, Iowa, with a paid-up capita) of S(iOO|-
000, HurpluH $75,000, offers tlrst Mort«iiiie
Loans drawing Hpven percent Also 6 percent ICyear Debenture Uonde. secured by 105 per cent of flrsi
MortKa^ce loans held in trust by the t>lprcnntlle
Trust Co., N. Y. Five per cent certldcates of
depostt for pen ods under one year. Write for full
Iniormation and references to the company at 130
HUMAH
Bt«t n> V.
this
•
A.
I,.
ORMSBY,
rioc-Prealdent
CASUALTY DEPARTinENT.
Policies Issued against accidents oanstng death oi
totally dlsabliuK injuries.
Full Information as to details, rates, &0., oan b,
obtained at head office, or of Company's Agents.
WM. M. KiciiAKDS.Prest. Gko. F. SKWAUD.V^l'rest.
UouT.J.Uiu.A8,Asst.Seo.
JouN M.CuANK, Sec.
DIRECTORS:
A B. Uull.
Alex. Mitchell,
Geo. S. Coe,
J S. T. Stranaban, H. A. Hurlbut, A. S. Barnes,
J. U. Vermilye, J.Q.McCuiloush
Alex. K. Orr,
John L. Klker, Thos. g. Moore,
Q. a. Williams,
Wm. M. Richards.
Geo. F. Seward.
@FedFRASER