View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

AND

xmtk

W

HUNT'S MEHCHANTS' MAGAZINE,
RBt'KffiSBNTIMO THB [?JDU3rKlAL AND COMMKaUiAL INTERESTS OP THE UNITED STATES
BnMn aoourdtiiK to A.at of ConxreSB, In tlie year 1892, by Wm. B. Oami <k Co., In the oHIoe of the Librarian of Coai^esii, Waahtnicton, D. O.
i1

VOL.

SATirKDAY. AUGUST

55.
JSJtit

NO.

13, 1892.

1,41 d.

of 11 per cent, while for the remainder of the country the
xcess reaches 10-8 per cent. The most Important gains, so
far as percentage is concerned, have been at Houston, 45-6
per cent Memphis, 33 ; Des Moines, 32-7, and Grand Rapids,
294 per cent.

Cltrouicljc.

(

;

Terms of Snbscription— Payable in Adrance:
One Year

r'-.r

$10 00

Six Months
6 00
rJjropcan Subscription (inrludhie postage)
12 00
faropean Subscription Six Months (iDChiding postage).
7 00
Annual Subscription in London (inoluding postage).... £2 10s.
Six Mos.
do.
do.
do.
«1 10s.
Ihe INVKSTORS' Supplement of 160 pages Is Issued ever.v other
month, on the last Saturdays of Jan., March, May, July, Sept. and
Kor., and furnished without extra charge to all subscribers of the
CliRoNin.E.
The State ani> Citt Supplement of 184 pages is also given to every
yearly sulisirilicr of the Chronicle.
Bub.siriptlous will be continued until definitely ordered stopped. The
p nblislicru cannot be responsible for remittances unless made by drafts
or Post onice money orders.
File covers arc sold at 50 cents each, and to new subscribers for a
rear one file cover is supplied without charge postage on the same is

Wetk Endino August

i?>t

1891.

New

Onetime
One Month

(4
(8

I'roTidence....

Sprinctle.d.

...

Worcester. ...
Portland
Lowell
Now Bedford..

space).

Total

New England..

Philadelphia
rittsburB
Baltimore

I

Ijondon AEents

BuffKlt.

Washington....
H< Chester

Syracuse

DANA

WIlmlnKton

10* William Street, NEW YOHK.
p^,g^ Office Box 958.

I

bbls.)

Boston

$3 50 Three Months (13 times).. $25 00
"
times).. 11 00 Six Months
(26
).. 43 00
" ). 18 00 Twelve Months (52 " ).. 58 00

i

bushels.)

Hartford
New Haven...

Messrs. Edwabds & Smith, 1 Drapers' Gardens, E. C, will take sub•oriptlons and advertisements, and supply single copies of the paper at
Is. each.
Sc Co.. Pnbllabers,
wit I nil n niNi (HVILLIAn B.

johS o
MoTn
tvHs
o. tLOTD.

bales,')

(Grain
(Petroleum

I

Two Months

»7iarM.)

(Stocks
(Cotton

cents.

Terms of AdTcrtlsIng— (Per inch

Blngtiamton
Total Middle.
Chicago.

CLEARING BOUSE RETURNS.

Ctnclncati.

Milwaukee...

The following table, made up by telegraph, etc., indicates
the total bank clearings of all the clearing houses of the
United States for the week ending to-day, Aug. 13, have
been 1989,267,299, against 11,090,708,792 last week and
f935,802,918 the corresponding week last year.

Detroit

Cleveland.
Colnnibns.
Indian apollr.
Peoria

*iiat

Grand Rapid;
Lexington
Total Middle Western.
Siin Francisco.

Weik Bniint

OutARines
Returns

t}y

TrlegrapK

New York

Portland

Attgust 13

1891.

Salt Lake City
Seattle

PtrCsnt.

Tacoma
I

Boflton

PhUkdelplua
BAltliDore.....

,,.

-Ohloago

.-.

....

et Loms

Kew

1898.

»448,e22,P33
70,7(0,831
47,897,656
1?, 162,824
77,947,000
20,787,802

Orleans

8,2-.ia,730

'

$437,834,494
63.094,221
42,311,169
12.193,468
e6„S46,0O0
19,374,S;4
4,6£G,203

+2-8
+12-1

+132
-0-8
+17-6

1
'

Seven
Total

all cities,

oltlea, 1

Total

6 days
8 days

cities,

cities,

8 days....

day

all cities

(or week...

$t'8?,33S,608
1

85,07 1,19.S

Total Paolflc
Kani-as City
J

+7

t818,4tS,O0"2~
170,864,297

$989,267,298

+6-0
+8-4

$770,342,880
184,960,(68

:+6-2
+10-3

$925,302,818

+6-9

lielena

j

Minneapolis
St.

—

Paul..

Omaha

+14-6

$846,710,432
124,637,418

Los Anneies
Great Falls

I

.

-Other

..

..

Denver

Dulnth
8t. Joseph..
Sioux City.....

Des Moines....

The full details of clearings for the week covered by the
Above statement will be given next Saturday. We cannot,
o^
-eourse, furnish them to-day, bank clearings being
made up by
the various clearing houses at neon on Saturday, and hence
in
the above the last twenty-four hours of the week have
to be
In all cases estimated, as we go to press
Friday night. Bek.w

Wichita
Lincoln

Topeks
Total other Western..
st. l ouis

ijai^iw''^'
Kit.h'^'"cd

oaivStSn
Na«"hTine
Norfolk
Dallas

Wortli
• re our u*ual detailed figures for the previous week, that is Fort
BlrmlnghaiD
Waco
covering the returra for the period ending with
Saturday Cbattaiiooga
SaTannah
noon August 6, with the comparative totals in 1891,
Atlanta
The aggregate'of clearings for the week is one hundred and
Total Sonthem
twenty-four millions of4.dollar8 greater than for the week
endTotslall
ing July 80, and compared.with July
23 also records a very Outside New Tork
considerable increase. Speculation in share
properties on the Montreal

New York

Stock Exchange has been more activa than in the
preceding week.
"^^^^^ clearings show a gain
of I'n'^r^^ilr/'l"
oi
*'H
10 U per cent, the ^v^'
New York
figures exhibiting an increase

T

Week Bnd'o July 3

6.

P. Cent

607,361,776

547,308,230

+11-0

(1,260.643)
(499,300)
(19,969,900)
(452,000)

(966.370)
(148,800)
(27,216,350)
(818,000)

(+30-C)

96,230.618
6,626,100
2.060.621
1.460,974
1,368,826
1,221,385
1.366.404
785,062
641,575

96,050,415
4,740,200
1,906,178
1,366,195
1,100,001
1,086,419
1,248.488

189Z.

P. Cent.

632.946,868

+8-8

(987.123)
(744.700)
(+12 61
f— 28-7) (20,557,200)
{-4o-7
(24,000)

(—43-2)
(—96-5)

Sain ol—

;

18

Torlr

I

ISmiS

uiS!mo^'
toui c»..d.

" • Not IncluileA
.

Is totala.

+12
+16 8
+3-6
+6-3
+14-2
+12-4

+96

84,152.961
4,873,100
1,751,575
1,303,105
1,170,097
1,061,402
1,180,176
666,587

j+61-l!

+1-7
+10-8
+10-8
+9-7
+16-9
-8-8
+6-8
—6-7
+27-0

413,799

+18 8
+30-9

110,516,486

107,749,78;

+2-6

96,612,411

+2-8

68,628,808
14,824,928
14.394,606
8.784,817
2.069,549
2,218.440
979,810
963,3b2
249,700

68,646,674
12,024,031
16,198,621

+17-0
+23-3
—7-1

+21-1

9,49)<.g28

—75

-4-9
-11-4
+14-1
-0-6
+16-0

+91

62,871,166
14,765,028
12,822,791
7,612,489
1.631,810
1,663,369
762,273
938.588
251,90«

113,113,840

101,146,314

+118

103,159,113

+13'1»

6fil.094

1,740,166
1,850,422
880,126
827,977
228,900

+189
+19-9

+180
+16-4

451,109

4-28-7

4-13-0

+5-4

THE CHRONICLE.

232
THE

STATE AT^D CITY D£f AUTM^WT.
See pages 265, 266, 267, 26S and 269

for our State

and City Department.
City Bondi
All advertisements with relation to State and
pages.
will likewise be found on the same and following

THE FINANCIAL SITUATION.

[Vol, LV.

to gold any other metal more subject to fluctuation
than gold, would be to Increase that fluctuation and
therewith the consequent inconvenience or distress."
We see nothing in those words to encourage the holding
And so long as Great
of a Monetary Conference.

Britain thinks that the United States

is

on the short

road to silver payments this letter will represent the
tone and action of its public men; for they will leave
"
their own and India's " inconveniences or distress to be

cured as they hope (and as they think they have good
than
it
reason to hope) by the culmination of our great folly.
drop in the price of silyer bullion to a lower figure
of
chief
is
consider
Great Britidn will, we believe, fail to realize itg
has ever before reached. That fact we
than
fully
now, just as it failed to experience
more
expectations
moment because it will help disclose
deabout our greenbacks years ago.
the
trouble
the
forebodings
that
its
truth
heretofore the important
confined
grows out of an underestimate of
means
no
miscalculation
by
is
The
making
is
preciation of silver

The most conspicuous event of

to the United States.

be

the week has beien the

Europe just now appears

so engrossed in considering

America's

to

situation,

the extent and endurance of this young and vigorous
nation; the theories are all correct, but the period

and allowed for their action ought to be greatly lengthened.
In the meantime (that is before the retribution so often
to
sell
foretold comes) our people get educated and correct their
Those who have the metal
little interest here.
group.
As
small
errors.
but they are a
notice it of course
The exports of gold and the loss of reserve reported
a currency question it is of no consequence whatever.
with
gold
par
on
a
Saturday had no effect on the money market.
notes
last
silver
We cah keep onr
easily
just
as
cents,
balances loaned at 1 and at % per cent, averaging
60
Bankers'
is
worth
dollar
the
when
But it looks 1^ per cent; renewals were made at 2 per cent, and banks
as we can when it is worth 80 cents.
as if these successive drops in price, each succeed- and trust companies quoted 3 per cent as the minimum.
ing time to a lower point, might so greatly ag- Time money is freely offered from all quarters, but the
gravate the situation at some of the monetary centres business is light for the reasons stated last week, the
of Europe as to make the Monetary Conference our Gov- lenders desiring to make short contracts, while the borernment has called more interesting to them than was rowers seek for long engagements; rates are 2 per cent
anticipated.
An associated press cable on Wednesday for thirty days 2^ per cent for sixty to ninety
months
to
five
reported that the London Times of that day contained a days
cent
for
four
3
per
dispatch from Calcutta stating that the leading papers and 3^ per cent for six to seven months on good mixed
of that city in view of the alarming fall in the rates of collateral.
Commercial paper is only in fair demand,
exchange urge the Government immediately to close the banks confining their purchases to really first-class
the mints to free coinage.
That dispatch is noteworthy names; yet the supply does nit accumulate. Rates are
because it brings up the position of the vast interests of 3i to 3| per cent for sixty to ninety day endorsed bills
India and the embarassed condition of Great Britain's receivable; 3f to 4 per cent for four months commistrade with that country, all of which are in a ferment sion house names; and 4^ to b^ per cent for good single
to-day from this depreciation.
Indeed Great Biitain names having from four to six months to run. The
seems to us to have about as serious a problem to solve bank statement of last week showed that five of th«
as any nation in the world growing out of silver demone- larger banks held $6,803,500 out of the $18,798,425
tization, and out of our probable discontinuance of surplus reported by all the institutions.
silver bullion purchases.
If we could oUy go into that
From London the cable reports discounts of sixty to
Monetary Conference with our 1890 law already repealed, ninety day bank bills ^ to 1 per cent. At Paris
we cannot doubt that something of a substantial nature the open market rate is 1^ per cent, at Berlin it is If
would be done to rectify the situation.
per cent, and at Frankfort 1| per cent.
The Bank of
But as it \n, we have no expectation of any good re- England gained £42,000 bullion during the week; this,
sults from the Conference.
We have said this on pre- as we are advised by special cable to us, was due to the
that she

has

greatly

danger; the truth

is,

exaggerated

its

delicacy

this continued decline has very

;

;

;

We say it now, however, with added
emphasis since Mr. Gladstone has come into power.
Among our old papers we found this week a cutting
from the Manchester Ouardian of July 10 1889, containing a letter from Mr. Gladstone, giving his views
on bimetallism. This letter was written in answer to
a request from Mr, R. L. Everett, of Rushmere, Ipswich, asking Mr. Gladstone to receive a small deputa-

tIous occasions.

import of £5,000 from Australia and to receipts of
£37,000 from the interior of Great Britain. The Bank
of France gained £1,016,300 gold and the Bank of

Germany

since the last report shows a loss of £120,000

of this metal.

Foreign exchange has been dull, unchanged as to
nominal rates, and barely steady during the week.

Nominal

remain

87| for long and 4 89 for
by Brown Bros., Baring,
question.
We give Mr. Gladstone's reply in full Magoun & Co., and the Bank of Montreal but 4 88
in a subsequent column.
We do not need to say for sixty day and 4 89 for sight are the figures posted
that it is as well worth reading today as
it was
by the Bank of British North America. It was anwhen it was written.
It will be noticed that he nounced
on Thursday that L. von Hoffman & Co. would
has no sympathy whatever with the
bimetallist. ship $500,000 gold to Europe by the steamers sailing
He says that the standard of value is subject to fluctuto-day, and another $500,000 was engaged yesterday.
ation.
" Such fluctuation is economically an
evil, and
The market closed steady at 4 87i to 4 88 for long
every wisely governed State should
seek to have for its and 4 89 for short. Rates for actual
business were 4 87
standard of value the commodity which
is least subject
4 87i for sixty day; 4 88
4 88^ for sight; 4 88i
to fluctuation.
That commodity, as I conceive, is to
4 88J for cable transfers; 4 86^
4 86^- for primagold, and to adopt any other
standard, or to add and 4 85|
4 86 for documentary commercial bills..
tion

of

his

supporters

in

Suffolk

on

the

money

rates

at 4

short, these being quoted

;

@

@

@

@

AuouOT

THE CHRONICLE.

18, 1892.]

/'239

Early in
It will be observed from the above that while the
growing crops west of present year there was a pretty general improvement
the Missouri, if rain did not come soon, were quite between July 1 and August 1, in that period last year
numerous, but the needed rain has since then been there was a pretty general decline. With reference
announced, and now the tenor of the news is again to the other crops, the averages are quite satisa rule barley Ol'l against 93-8 last
It is admitted that the hot weather of the factory as
favorable.
last few weeks has helped to advance the corn crop, year; rye 89-8 against 89-5; oats 86-2 against 89-5;
whioh has been backward because of the delay in the potatoes 8t)-8 against 96-5; tobacco 88'8 against 88-6.
planting by rains early in the season. The Agricul- The condition of hay is placed as high as 93 '2. The
But if the
tural Bureau at Washington on Wednesday issued its average on cotton is given as only 82*3.
slightest
furnish
the
indistaple
figures
on
that
Bureau
report on the condition of the country's crops the 1st
r
yet
to
disc
yield,
have
prospective
we
cation
of
the
on
the
whole
pretty
satisfaca
of August, and it shows
In the markets a somewhat different the fact.
tory outlook.
The Mobile & Ohio has submitted a preliminary
interpretation seems to have been placed upon the
report, a higher average having evidently been ex- statement of its operations for the fiscal year ending
pected for corn, and the decline in the average for June 30, 1892. The statement shows that the road
As passed through a year of adverse conditions remarkably
spring wheat having apparently been unlocked for.
But it also shows how unwise it would have
far as wheat is concerned, it is undoubtedly true that well.
we are not going to have another crop of the size of been for the management to have entered upon the
But that crop was simply phenomenal. payment of dividends, as they were so strenously
the last one.
At the same time, from present indications, it urged to do a year ago. It appears that as compared

The crop

situation continues encouraging.

the week reports

of

damage

to

—

seems safe to conclude that with that exception the with the fiscal year preceding, gross earnings decrop will be one of the largest ever raised.
Winter clined from $3,559,138 to $3,443,761, and net
This
wheat of course is already being harvested, and earnings from $1,322,596 to $1,201,841.
there is nothing further to say with regard to that.
In is a much smaller falling off than might reasonably
reference to spring wheat, the Department reports a, have been expected in view of the hard times which
Especially is the result
reduction during the month in the average for Wiscon- have prevailed in the South.
sin from 90 to 86, in Minnesota from 93 to 87, and in as to net earnings gratifying, for during the last half
North Dakota from 90 to 85. In Washington a decline of the year the road suffered from severe and unpre-

from 90 to 78

is

reported and in Oregon from 91 to 76.

cedented floods, entailing considerable outlays to re-

On

the other hand in South Dakota, where the average pair damage done.
After allowing for taxes and all
a month ago was given as high as 95, a further slight fixed charges and rentals, a surplus remains on the

advance

is

and

announced,

braska, which was 82 July

the

average

for

Ne- operations

of the twelve

months

In the

of $42,162.

During the
given slightly previous year the surplus was $157,449.
higher now, while the average of Iowa is reported un- late twelve months the company also expended $218,070
changed at 88 from a month ago. The general average on new equipment and additions to property, including
1, is

also

on spring wheat for all the States has been reduced dur- $117,654 on account of the principal of Car Trust
ing the month from 90'9 to 87"3, and at this latter debt. To get the means to meet these expenditures,
figure it compares with 95*5 on the corresponding date $175,000 general mortgage bonds were sold, yieldThe 1891 crop, as already said, was of very ing $116,485, and 800 shares of stock, yielding
last year.
exceptional dimensions.

In corn the most noteworthy featare is the improvement in the general condition during the month notwithstanding all the reports of damage from drouth,
The advance has been from 81-1 to 83'5. Of
etc.
course even after the advance the average is below
that of a year ago,

when

the figure was 90-8. Still

$30,425, or a total of $146,910, leaving an excess of
expenditures over the proceeds of the sale of stock and

bonds of
charges,

$71,160.

The

surplus of

income

apparently supplied $42,160 of

this

above
latter

amount.
The Denver & Eio Grande has also issued a preliminary
exhibit for the year ending June 30 1892. Under
there

since the first of August careful management the position of affairs in that
there has been further improvement in the condition property has evidently been very greatly improved durThe one circumstance which would seem to preclude a ing the twelve months. Gross earnings were slightly

is

reason to believe

that

crop as large as the last, even under continued favorable less than in the previous year, at $8,830,946 against
weather, is the great decline in the acreage of such $8,850,920, but a considerable saving in expenses was
effected, so that net earnings increased, standing at
States as Iowa, Illinois, Missouri and Indiana.
CONDITION OK COBN.
1892.

1891.

1890.

$3,709,353, against $3,340,617 in 1890-91, and $3,559,1889.

1888.

H

r4

Slat a.

at

1
niinoia...

Iowa
Missouri..

Kansas...
Indiana
Nebraska.
Ohio
Michigan.
Wisconsin
Uinnes'ta
Tcxa«....
Tennessee
Kentnclcy
Pennsylv.
.

AVge U.8

73
79
83
81
74
80
81
73
79

80
94
92
90

1

1
70
75
75
81
72
84
80
73
67

88

90
87
88
88
89
93
87
85

98
94
88
82
95
90
93
91
87

66

77
95
92
93
90

93
96
95
91

90
95
96
95
93

82-5

811

90-8

92-8

88

71
85
72

43
70
69
66
76
88

96
76
72
67
84

97
95
93
93
94
91
85
89
94
98
90
90
87
91

733 93

1

90
100

96
102
87
101
87
76
83
92
99
98
97
90
91-8

1

1

1

82
95
92
97
81
98

96
98

70

91
99
96
98
95

83

96

87
98
92
90
88

93
96
99
98
98

93
89
ni
99
95
91
96
96
89
82
93
98
97
94

90-3

93-5

93

81

97

785 in 1889-90.

The

call for

interest,

taxes

and

all

other charges was $2,795,242, after meeting which a
surplus of $914,112 remained on the operations of the

This more than bears out the expecmanagement as expressed in their last
report that with reasonable economy the result for
1891-92 would show a "tangible" surplus. For 1890-91
twelve months.
tations of the

the surplus was only $697,983, and out of this $591,250

was paid for a dividend on the preferred stock, leaving
the actual surplus only $106,733.
The surplus of
$914,112 for the late year has been applied entirely to
the reduction of the company's unfunded liabilities.

The tendency of prices on the Stock Exchange this
week has on the whole been downward. In the early
part, unfavorable crop advices dwelling on the need of

THE CHKONICLE.

234

[Vol. LV.

prices, and imports. The Government's total trade figures for July
I»in exerted some influence in depressing
come did not cause will, we presume, be issued next week. In July 1891
later reports showing that rain had
the adverse merchandise balance was only $4,373,142,
much of an upward reaction. Latterlj, pressure
judging from the facts given the merchandise
but
a
on rumors of

against the anthracite coal stocks,
one of
probahle decision adrerse to the Reading on
effect.
the snits against it, had a general weakening
a deerinced
Yesterday the Northern Pacific stocks

Probably the further drop in

clining tendency.

silver

during the week to the lowest point ever reached, also
Transactions
had some influence on the market.

balance against the United States in July 1892 ought
to reach fully 15 million dollars, and perhaps more.
This fact discloses what the chief cause has been for
the recent dearth of commercial bills in our foreign exchange market. It has not been because we were not
selling the outside world

about as

much

as

we were a

year ago, but because we have been buying more and
hare been on a comparatirely moderate scale. Westabsorbed in paying for our purchases
Union has been an exception to the general rule that the bills were
referred to these matters solely
not
have
But
we
and has shown con iderable strength.
explanation for our recent gold
an
afford
they
because
The following gives the week's movements of money
interesting
for that reason, hut
are
They
exports.
to and from the interior by the New York banks.
First, they are a reminder
they have a further use.

em

W-k Enaint Aututt

Net Interior

12, 189t.

ir.T.

OumuoT..
Tofl Koia

«nrt legal t«iider«....

that

Movement*

Bank: N. T. Banki.

ti.ast.ooo ti.0l5.000 Gain.
1.100,000 Loss.
700,000

$271,000

M.BSe.OOOl »8.115,000'LOI9.

tliO.OOO

400.001

Result with Sub-Treasury operations and gold exportsWeek Bnding Auoutt

Into
Banki.

11. 1892.

M

kbove
I'interior moTement.
ab-Treu. op«T. and gold Mpti...

ToUl (told aod

l»»»l t»n<1i>T»

Outo/

fTttOhangein

Bankt.

Bank Holding*.

I/oaa. tl29,00r
18.300,000 Loss. 3,400,000

«6,US,000

M,9S6.000
14,900.000

..ItlB.HSe OOP 11123,418.000 Lo<«.T3,5a9.0IMI

.

Bullion holdinsfs of European banks.
Auvtut

Amko/

A.U3%ut 11, 1891.

It, 1892.

eoid.

SUver.

Total.

OoUS.

SUver.

Totat,

a

a

a

a

a

a

IWIwd.

tt.Ut.tti

DnnM

«a,432.»87 S1.821.7fll 118.t'4,M8
17,;«:,760 l2.S89.iB0 19.667.000

Mteu,'...

28.749.822

27.109.011
27,109,011
61.B7S.uaO 50,606.000 lOS.lSl.Ki I'
11,063,333 18,628.887

18.680.000

much

of the

Europe has no

rumored

selling of

The

basis whatever.

our securities by
reports

for

stance during late weeks are by thest figures

fn»

shown

No doubt within the past
two years the speculative holdings of our stocks and
bonds in London have about all been sent home, and
a few investors also have for various reasons sold out;
moreover some foreign capital which was in a situation
easily to be dislodged has left us. But altogether the net
amount of capital which in these ways has gone out of
The
the country is far less than most people suppose.
truth is, hut little more is required to account for the

to be without foundation.

exports of gold from

New York

since January 1, in

face of our large favorable trade balance, than that

there has been a stoppage in the

movement

of capital

not necessary to present in detail
1,118.»'' 7.123.000 10.611,000
1.177,000 6,838.001' 10,118 OUI
Matherlauila.
the
reasons
for
this
belief.
We have often illustrated
1,003.338 1,601,887
4,605 UOI
Mat. B'lKloDi*
2.9««,6«7 1.483.SS3
1,160.000
VOLthlawnt H2.SilO,S28 89.S64.3<4 812.381,670 ie5.0Be,B77 S9!b31.131 216 988.011 the nature of the inflow and proved, we think, ita
Vat.preT. w'k Ul,SSl.li91 «9.831..i20 2(1.383.311 12S.760.338 8e.7i8,33l 216.188,887
great extent, by a review of the trade figures year by
year since specie payments were established; for it was
REASONS FOR
IMPORTS.
that act which restored confidence in our securities
We remember no week when the imports of mer- and gave the impulse to a new, active and developing
chandise at New York were as heavy as they were for movement from European investors.
the week ending August 5. It is not surprising that
There is, however, one item of evidence which is
the unusual size of the figures should have attracted well worth reproducing, for if it is not conclusive of
Awti.-Hnn';.

S,9«8,0» 18.S47.0l

22.813,000

6,178.000 18,602.000

21010,000

to

America.

It

is

LARGE

quite general attention, especially as the export of gold the small return of securities to the United States in
concurrently in progress gives them additional interest. 1890 and 1891, it certainly leaves a very strong inferThe merchandise imports for the week referred to ence to that effect. We refer to the changes in the
reached $16,704,540 against 19,835,680 for the cor- European holdings of Union Pacific stock. We know

A

responding week of 1891.
further fact of importance in connection with last week's movement is that
the merchandise imports at New York for the previous
ionr weeks aggregated 144,007,849 against 136,-

no other railroad report which publishes similar facts,
but that company has furiished this information for a
series of years and we have summarized the details each
twelve months.
The last presentation of the figures
910,338, so that for the last five weeks the totals are by us was April 30 1892 (page
706), when we prepared
60,712.389 against $46,746,018 for the corresponding the following from the company's report which we
weeks of 1891, showing an increase of nearly 14 mil- were then reviewing, and from previous reports:
lion dollars in 1892.

Turning

surprised to

little

SIBTBIBUIION OF UNION PACIFIC STOCK.

to the other side of the account,

we were a
discover that the exports from New

In
Decembtr 31.
1891
1890
1889
1888
1887
18S6
1885
1884

York had been

just about as large as they were a year
the shipments of merchandise for the same

ago,

weeks reaching 133,137,951 in 1892, against 133,259,496 in 1891. We had anticipated a smaller total
than for the same weeks last summer, the demand
from
five

Enrope

for breadstuffs being so

mich more urgent

then

than during late weeks. Nevertheless we find
that
though the shipments of wheat were smaller
we
are

sending

main
the

more

accounts

for

corn

now,

and

that

in

the

near correspondence in
with the exports substan-

tially

m

•

—

1

-Number of tharei heldIn
Total
MataaHoUand, foreign,
ehutetti.
22,481
39,935
55,805
60,713
51,355
53.785
42,075
31,675

214,413
199,836
171.003
132,479
118,272
142.332
76,997
51,748

149.257
150,148
157,905
107.773
201,882

30s601
228,630
238,263

JTete

York,

203,350
218,567
233,218
210,78»
239,736
203,084
244,197
263,065

have given in the above the total number of
Union Pacific stock held (1) in England, (2)
in Holland, (3) in all foreign countries, (4) in Massachusetts and (5) in New York on the last day of each
year since 1884.
There is also an amount held ia
States other than New York and Massachusetts, but it
is
in the
aggregate BO
"> •"
""" "gKicj^am
so Buiau
small US
Indeed
as 10
to be
00 immaieriai,
immaterial. luaeeu
the only column of special importance for the purposes

shares of

the

Yet even
unchanged, the trade balance
against the
country in July must have been materially
larger than
,
it was
wan in 1891,
leai because
V,-„..v.,,„
» ii.
of the increase already noted
in
totals.

We

England,
185,220
153,089
110,876
67,745
62,546
82,616
29,567
13,289

AUO08T

THE CHRONICLE.

13, 1808,]

of this inquiry is the one indicating the number of
That total, it will be noticed,
shares owned abroad.

chases

increased eren in 1890 and again in 1891 ; in fact, the
only drop this record shows was in 1887, after an ex-

import.

285

making larger parEurope, the low prices ruling there and
the higher values hero encouraging and permitting the
the better trad* outlook, have been
ia

That the increase in imports is a natural growth ig
tremely large addition in 1886. Such a statement is
for it lends strong support to the belief farther evident from the fact that we anticipated %
significant
that even though our currency uncertainty may have growth in speaking last month of the Government in;

1892,
stopped the inflow of fresh capital and taken aut of come, past and future (Ohroniclk, July
the country funds employed hero in various ways page 42). On that occasion we stated that the facli
which were in shape to be removed, it has not, at least gave "promise of larger receipts during the new fisoal
to any large extent, served to reduce the net amount year just begun;" among other sources of increased
of money invested by Europeans in our railroad revenue we remarked that the item of "customs du-

import figures we were
remarking upon, we notice some conclusions that seem
to us unwarranted which have been drawn from the
fact of the large and sudden increase at this port. For
instance, wo see it claimed that the addition is due to
large shipments by European manufacturers of their
surplus products just because other markets are overanpplied and so could not absorb the surplus.

But returning

The argument

to the recent

used

is

imports under the new
sequently

owing
price.

to

*
* for, we added,
which we need not enumerate here
why the small aggregate of this year is not likely to b«

ties" was "likely to increase,"

properties.

''there are reasons

Of course it is obvious that the future of
imports and the future of business in this country ig
under present circumttaneea subject to uncertain-

repeated."

Our currency

ties.

situation

may

disturb calculatioa

greatly, for it carries with it the possibility of disturb-

ing the best business prospects.

that the expectation of decreased
tariff is

not being fulfilled; con-

assumed that the addition to imports is
foreign goods puihed in here regardless of
it is

Certainly that assumption

is

not necessary or

NECESSITY OF TRAFFIC ASSOCIATIONS.
which Mr. Aldace P. Walker, the ChairWestern Traffic Association, has writtea
the August Forum will answer a useful purpose If

The

man

article

of the

There is a for
United States has just it serves to direct attention to the important function*
closed a year during whicti the people have been econ- which traffic associations perform, and how absolutely
omizing. Crops to be sure were during that period needful they are to the conduct of railway operationg
needful to
large and those raised in the West were profitable, but in the present state of the railroad system
Several circumfor cotton, the product of the South, prieei were not the public and the railroads alike.
remunerative, while in the Pacific States trade for well stances combine to give special interest to the article
known reasons was bad. For the first half of the last in question. As is well known, the Burlington Ss
^Ascal year our manufacturers foand little or no margin Quincy recently gave the required nine'y days notice
(.for profit; siLce the first of January there has been an of its intention to withdraw from the Wc stern Traffio
improvement in progress, notably in dry goods but by Association. In the second place, while there is no
general rate war, nor any likelihood of any at present
no means confined to that department.
With these facts in mind, note that for the fiscal the minor rate disturbances which are scarcely evar
year 1890-91 the total imports wer« $844,916,000; for entirely absent or avoidable are just now a littlft
the year just closed, 1891-93, the imports were reduced more numerous and also perhapj a little more
required to meet the facts as they exist.

much

easier

solution.

The

—

,

It may be claimed that the higher
gave this check to imports. Suppose we assume
it did ; it is likewise a fact that the lower total also
Oonformed to the lessened consumption in large sections of the country and to the unremunerative prices

to $827,391,000.
tariff

for

than in the recent past, giving rise to a feeling
on the part of those who fear that surface
indications in this case denote the strength and tendency of the underlying current. It was also desirable
that the purposes and aims of traffic associations be
bitter

of anxiety

most manufactures which consequently prevailed clearly defined

here.

At

all

events to-day

new

conditions are

to be

manufactures are advansing
immense another season's
crops are in sight and promising well ; moreover
1891-9'^ imports fell off (notwithstanding an annual increase ii the rule) an enlargement this year with
met.

Prices of

our

crops were

specifically

likewise

—the article

of the

in question, while

it

treatg

Western Traffic Association, coverg

the subject of

traffic associations in

general

was desirable to have this exposition of the functions of such associations, in view of the action brouglik
by United States Attorney J. W. Ady, of the Eansag
District, against the Trans-Missouri Freight Associabetter trade at home in prospect would appear to be a tion, which is one of the subsidiary organizationg
need.
We have a striking illustration of the develop- through which the work of the Western Traffic Associament of our imports under the stimulus of more ac- tion is carried on.
tive business in the trade figures since 1884-85, th«
Mr. Walker does not refer to any of these casts and
date of our last great depression ; for instance in 1884- he does not evolve any points in his paper which are
85 the merchandise imports wer» only $577,527,000, especially new. But in that clear and concise mannef
but from that total they rose steadily year by year which marks all his writings, he brings out the nature
until in 1890 91, when us stated they were $844,916,- and aim of traffic associations, and demonstrates the
000, or an increase of $267,389,000 in the 6 years.
Of need and necessity for them. He goes over the ground
conrse those years are no guide now, because over 145 at length, and it is not possible of course for us to
millions of the addition was the recovery of a loss in attempt to furnish even an outline of bis statements
imports during the depression from 1883 to 1885 j but and argument. With reference to the action against
they show plainly enough that a tariff except in a time the Trans-Missouri Association, we can nut avoid giT«»
last

ieaaou's

;

it

M

of depression cannot prevent growth

in imports.

It

ing expression to a feeling of surprise that at this late

•eems to us too that they prove the present increase is day any person of intelligence should see the least
*ot unnatural. No doubt our merchants, in view of similarity between a traffic association and a )" trust, g

THE CHRONICLE.

286

[Vol. LV.

curs in the body of the article, in the course of extended
more surprised that any one should be found
in remarks intended to show the necessity and utility of
claim
a
such
maintain
to
bold enough to undertake
In fact, his whole argument
traffic association?.
court.
and moreover in the very next
end
;
that
is
directed
to
Our readers know that traffic associations had their
where he declares that the
that
following
sentence
railroads,
origin way back in the early history of our
may vanish from sight, he
Association
KailWestern
Traffic
and that to-day they are totally indispensable.
"
such a case there must
in
But
state
takes
pains
the
to
and
large
road mileage in the United States is so
similar arrangement."
some
return
to
impresently
be
a
almost
is
it
operations under it so complex that
of
his contention. The
substance
pith
and
affectThat
is
the
without
action
possible for any one road to take
is not the first effort of the
Association
Traffic
least
Western
at
roads—
of
body
whole
ing at the same time the
Such a state of kind. It may not be the last. Mr. Walker is simply
In the group to which it belongs.
collective action showing that he possesses a keen insight into the
substitute
to
necessary
things makes it
not alone to the problem confronting railroad managers when he recogapplies
this
And
action.
individual
for
Traffic Association is beset by
lowering and advancing of rates, which in the public nizes that the Western
difficulties
that have beset other orthe
same
many
the
to
be
of
mind are sometimes erroneously supposed
therefore
there is always a
that
of
and
host
ganizations,
but
to
a
only functions of traffic associations,
fate
share
the
same
but if it
it
may
the
that
freight,
possibility
billing
of
other things, such as the through
device
will
scheme
or
have
to be
tariffs,
other
then
some
joint
does,
of
division
the
issue of through tickets,

and

still

.

:

;

Mr.
the providing of inspection bureaus, etc., etc.
Walker does not state the case too strongly when he says
that the business of transportation can not be conducted
without such cooperative agencies except upon the

—

basis of

a division of territory, which would substi-

tute monopoly for competition.

As concerns the Western

Traffic Association, the

most

noticeable difference between the organization of that
association

and other similar

stated, lies in the fact that it

associations, it

finds

its

is

well

origin closer to

Every one will admit, we think,
a feature of great advantage and one of the

the centre of power.
that this
'

is

main elements

of strength

in

that association.

In a

word, general freight and passenger agents are no longer
in undisputed authority, free to formulate their own rules

provided to take

its

place.

if any intention existed to
abandon the Western Traffic Association, or if the
action of some of its present members should force its
abandonment. That association has not accomplished
And yet it has been a very
all that was claimed for it.
During the greater poruseful and beneficial agency.
tion of its existence the general body of rates in the
territory which it covers has been remarkably well
maintained ^until latterly, perhaps, better than under
any previous similar effort. If now it is found that
there are defects in the arrangement, the attempt
should be made to remove them. As was stated above,
railway affairs are so complex and the railroads so
inter-dependent in their operations that it is no longer

It

were to be regretted

—

and make any changes in methods, however far reach- possible for a road to act independently except aa
The power emanates from the boards of directors regards strictly local business it must therefore act
ing.
of the several companies.
As Mr. Walker truthfully in conjunction with others. Each individual road has
remarks, director! are conservative, cautious and ju- its rights, but only so far as they do not trench upon
dicious, and do not often act hastily or upon impulse j the rights of others.
That is to say, railroad affairs
and furthermore there is but one step higher from have reached such a stage of development, that a railwhich authority could be derived, namely the stock- road manager is obliged to consider any contemplated
holders, who annually elect the directors of each com- step of his not only with reference to the effect upon
pany. A point to which attention deserves to be di- his own road but with reference to the effect upon
rected and which is frequently overlooked is that the other roads.
And this fact is more and more receiving
Western Traffic Association does not directly take recognition among railroad officials.
;

charge of the establishment of railway rates. It takes
In lodging the ultimate power and responsibility in
cognizance only of cases that are referred to it by the the boards of directors of the several companies comBubsidiary associations, such as the Western Freight posing its membership, the Western Traffic AssociaAssociation, the Western Passenger Association, the tion possesses one merit which no previous organization
Trang-Miseouri Freight and Passenger associations, has possessed.
It is this feature above every other

and the Trans-Continental Association.

Mr. Walker which especially commends that association to the public, for it ensures conservatism.
As Mr. Walker says,
directors are not apt to act with undue haste.
It
One statement in the Forum article has been given does not appear easy
to devise any other plan by which
wide significance—much wider we think than the cir- the railroad
peace can be more readily and more effeccumstances warrant.
We refer to the remark that tively maintained; moreover, the directors are the per"the Western Traffic Association is built upon the sons in
whom the management of railroad properties is
sand and is liable at any time to vanish f om sight,
supposed to be lodged, both in theory and in law. It
like its numerous predecessors, and be forgotten."
is undoubtedly true that owing to the fact that the
We do not know whether this sentence was penned National Law prohibits pooling, the difficulty of mainafter the Burlington & Quincy gave its notice
of with- taining harmonious relations between the different
drawal from the association. We should judge
not. roads is greatly increaied.
But that is one of the
In any event the action of that company seemingly
in- drawbacks, unfortunately, which cannot be avoided so
vests the statement with increased
importance. But long as Congress refuses to remove the prohibition.
the sentence in question cannot be judged
apart from Any other form of organization would be subject to the
it« context.
Mr. Walker', paper was not written
same restriction in that regard as the Western Traffic
with a view of demonstrating or bringing
out the view Association.
If the rules of the association fail to
to which he here gives expression.
Nor does he state meet the requirements of the situation in other resit as a bald conclusion at the
end of the article. On pects, what
better course can be suggested than to have
the contrary it is a mere incidental allusion
which oc- them modified or amended by general consent, thus
likens its functions in this respect to that of an appellate tribunal, and the comparison is an apt one.

August

THE CHKONICLK

18, 1803.]

287

removing differences of opinion and preserving the occasioned by the Connellsville coke strike, the only
other year when the upward tendency of the totals wat
good features of the existing organization.
interrupted was 1888.
The drop at that time was
caused
by
a heavy falling off in the production of steel
IN
STEEL
PRODUCTUE GREAT
rails, the output of tho same amounting to only 775,261
TION IN THE UNITED STATES.

GROWTH

tho very heavy production and consumption
of iron in this country in the first half of tho currant
year, as disclosed by us in our issue three weeks ago, it

From

tons in the

first

and

half

to 754,571 in tho second half

that year, as against 1,144,080
spectively in the

first

and 1,146,117 tons

of
re-

and second halves of 1887, being a

falling off for each half-year of nearly 400,000 tons.

And

was evident that there must also have been a decided
that is the point to which we wish to direct attention.
increase in the same period in the production and use
Up to 1888 the increase in the Bessemer steel output waa
The American Iron & Steel Association at
of steel.
more or less closely connected with the increase in the
Philadelphia has now furnished figures showing the
production of steel rails under the activity of new railproduction of Bessemer steel ingots in tho six months
road construction which prevailed at that
timCi
to June 30, and they fully bear out prevailing expectaThe
growth since then has been outside of and
lu fact, if we place the results
tions in that regard.
independent of that agency that is to say, it repriefor 1892 by the side of those for other years, as fursents development not in one special depai'tment, and
nished by the same authority, the record of steel proliable to be arrested with any reverse or set-back in
duction, like that of iron production, reveals evidence
that department, but a steady, continuous and marked
of progress about as striking as any in our industrial

—

and miscellaneous use of steel.
which came in 1888
When speaking of the statistics of iron production
with the falling off in new railroad construction, has
three weeks since, we stated that the output for the first
never since been entirely recovered from. There was in half of 1892 had been tho largest, with one exception,
deed a decided upward reaction in 1890, when the output
ever reached, the exception being the six months to
of rails for the first six months got up to above a milDecember 31 1891, when production had been swelled
lion tons, but this was succeeded by a very heavy deby reason of the stoppage in the first six months of
and even for the six months of
cline again in 1891
that year by reason of the Connellsville coke strike.
the current year, though more rails were made than in
increase in the general

history.

The drop

in the production of rails

;

In the case of the Bessemer steel production, however,
the 1892 output is tho largest without any exception.
It is larger not only than for the first half of 1891,

either half of 1891, the

production was only 865,128
first

half of 1890.

rails by half-yearly periods
when the total had been reduced for the same reason as Tho output of
shown
in the following.
the iron production, but larger also than for the second

since 1885 is

half of 1891, and in excess of any other six-months

The Iron & Steel Association makes the
production for the half-year nearly 2^ million net tons
In the
of 2,000 lbs.— in exact figures, 2,305,999 tons.
first half of 1891 tho production was only 1,599,096
period whatever.

tons, so that as

compared with that period there has

been an increase of 700,903 tons, or considerably over 40
In the last half of 1891 the production was
per cent.
2,038,011 tons, and as compared with that period the increase
cent.

half

is

over a quarter of a million tons, or say 13 per

As compared with either the first or the second
of 1890, when the production was respectively

2,041,239 tons and 2,090,296, the ratio of increase

would be about the same.
further,

we

production

the

1SS9

find that in

was

against the 2,305,999 tons
1892.

In the

first six

was

but

fact

up to 1886 the

If

the

we go back one year
first six
months of

only

now

1,420,715 tons,

for the six

months

as
of

months of 1836 the production

tons as against 1,032,658 tons in the

PHODnCTION OF BESSEMER STEEL SAILS IN NET TOSS.
707,447 1889.— 1st half
^.... 719,572
1886.— Istbalf
1,012.462
2d half
927,137
2d half
1,144,080 1890.— l8t half
1887.— l8t half
1,032,658
2d half
1,146,117
980,530
2d half
1888.— lathalf
775.261 1891.-l9thalf
579.929
2d haU
2d half
754,571
786,330
1892.— Isthiilf
865,128

With

we are able to analyz*
changes in tho production of iron and
It has been noted that
steel which have occurred.
comparing the first half of last year with the first half
of this year, tho output of steel ingots has risen from
The statement of steel
1,599,096 to 2,305,999 tons.
rail production shows that less than 286,000 tons of this
increase was due to an increase in the make of rails,
the total of which has risen only from 579,929 tons to
In comparing with last year of course
865,128 tons.
wo are comparing with a period of exceptional conditions by reason of the Connellsville coke strike, as already mentioned.
But comparing with the first six
months of 1890, when the output of steel had been
more

these figures as a basis,

closely the

over a million (1,073,663) tons.
In
greatly in excess of any previous period, we find that
total had never aggregated us
the increase in the two years since, from 2,041,239 to
much as two million tons for any full period of twelve
2,305,999 tons, was made in face of a decrease in the promonths, whereas now it is nearly 24 million tons for a
duction of rails from 1,032,658 tons to 865,128 tons.
period of only six months.
The following table shows We will add one other table, giving the production of
the production of Bessemer steel ingots by half-yearly
iron, of steel and of rails in the first half of each year,
periods since the beginning of 1880.
beginning with 1887:
PRODDCTIOS OF BESSEMEIC STEEL INGOTS IS NBT TONB.
1886.— l9t half
1,073,663 1889.- l8t half
1,120,715 PBODL'CTION OF IRON, OF BIS8BMEB STEEI. TXOOflS AND OF BKB8EMBX
2il half
l.SUl.tll
1,467,83(1
2(1 hair
STEEL RAILS, JASUART 1 TO JUNK 30.
little

1887.-l»thBlf
2d half
1888.— l8t half

2d half

1,637,672
1,650,785
1,384,288
1,428,212

1890.— l8t half
half

2,041.'i:i9
2,0!>0,J!I6
1,59!).0!I6
2,0.l-<.<iU

1892.— 1st half

2,303,!i'.)9

2(1

half

1891.-l8thalf
2(1

Striking though this record of growth

is, it does not
whole story. There is one other fact which
needs to be taken into consideration and which gives
additional emphasis and significance to the progress
disclosed.
By scanning the above table, it will be
observed that aside from tho drop in production in the
first half of last year,
which as already stated was

tell

the

Set tons 0/ 2.000

.

188-.2.

Pis Iron.

1800.

1891.

.»

tttt.

ism.

1887.

1888.

$,87i,M3 8.772.280 8,107.775 4.100.W5 S.382.&03 S.41&.ne

Bw'mer steel lng'M.2,3a6.SS0

1,&(K).0SS

Beaoemer steel rails. 886,128

570,020

2,011.239
1,032,658

1.420.715
719.572

1,384,288
775,281

1.83? .578
1.144,060

This gives us a new idea of the activity and growth
In the five years
iron and steel industries.

of the

since 1887 the production of

iron has increased

from

3,415,210 to 5,374,943 tons and the production of steel

from 1,037,572 tons to 2,305,999 tons, notwithstanding
a falling off in the production of rails from 1,144,080
tons to 865,128.
But 1887 itself showed a heavy gain

THE CHRONICLE.

238

as com#Ter the jears preceding. As already stated,
of
production
pired with the first half of 1886 the
This
tons.
ingots has risen from 1,073,663 to 2,305,999
orer 114 per cent,
ii Bn addition of 1,232,336 tons, or
he rememhered
should
It
years.
in a period of six
the statistici
with
simply
here
dealing
•too that we are

«{ Bessemer production.

put

is

made by

And

this

which in turn succeeded a gain of $3,459,707 in 1889.
For the present year the gain as we have seen is %1,040,346, which therefore comes after all these gains in
the same month of the years preceding. The following
carries the comparison back to 1886.

of our entire outyet there has in the

points for the current year. It seems no exaggeration
to say that for the twelve months ending June 30
1892 our production of all kinds of steel was fully
It is scarcely necessary to give
fire million net tons.
for

having followed a gain of $3,166,350 in 1890,

this

The bulk

that process.

interval been a very heavy increase also in the production of steel by other processes, especially the open
kearth process, though we have no exact data on these

iwaeons

[Vol. LT.

marvelous

growth

in

use

the

«f steel. The cheapening of price has evidently
greatly stimulated consumption, apart from the natural increase which might be expected from the
increase of population and the consequent expansion

Barninot.

iliUaiit.

Oiven.

Tear
Vnctiiw).

Year

T'ar

Oiven.

Preceding

1

MUea.

Milet.

68 roads)

<0,661

61.7M

(102 roads)

61,519
80,014

48,128
68,750
67,915

22,825,356

(107 roads)

26,48^,844
25,865,481

I
19,578,034 Inc. 3,247,322
24,240,706 Inc. 2,241,538
24,510.471) inc.
846,001

7i),673

31.040,212

211,4^0,5' 15

85,172
87,430
93,408

88,516,474

35,350,121 Inc. 8,166,360

41.671,357

38,400,716 Inc. 3 273,616

45,510,394

*4,470,018,rnc. 1,040,34

July.

1886
1887
1888
1889
1890
1891
1892

Increatse.

Tear

(

(129 roads)

87,107
90,395

(158 roads)

(U8 roads)
(Ua roadsl

Jan.

1

July 31.

tn

1886 ( 61
1887 no I
1888 110(1
1880 (124
1890 (U9
1891 111
189«( 110

98,223

Inc. 2,459,707

124,238,082 118,737,498 Inc. 6,600,664
176.63S.92a 152,9^2,136 rn<; .23,738,786
169.588,4i7 162,6 7.279 Inc. 7.029,148

roads)
roads)
roads)
roads)
roads)
roads)
roads)

86,013
94,913

88,827
96,527

213,758.040 1 8,4;0.3!8 /)u;.l.i,2S7,72J
248,425.717 2a!,8.1.',«26 Inc .25.529,091
2'!O,270,849 217,288.222 /»c .12.982,627
295,833,390 ZT8,34a,406ll7lc. 17,286,984

movelow prices are not ment, it is desirable to particularize a little further.
altogether satisfactory to the producers, at least there While there is a loss in the aggregate, this loss by no
is encouragement (as was said on a previous occasion means extends to all the Western points.
On the con-

«f

industrial interests.

all

With regard

falling off in the wheat

to the

If the

with regard to iron) in the fact that the amount of
work in progress has been large beyond precedent,
*nd that this is in no small measure to be ascribed to the
ery circumstance of low prices. For the effects of an
enlarged production of iron and steel are quite farleaching, comprehending as they do the increased em-

markets there has been a very
heavy gain. Thus, at Minneapolis the receipts for the
four weeks ending July 30 were 4,043.700 bushels the
trary, at the spring- wheat

present year, against only 2,296,910 bushels in the cor-

responding four weeks

last year

Duluth 2,202,776
and at Milwau-

at

;

bushels, against only 374,368 bushels,

consumption of coal
On the other
kee 1,017,350 bushels, against 395,017.
and increased freight traffic to the carriers, hand, at the winter-wheat points we find some very
fcotli rail and water
all of which tend to stimulate
heavy losses. This arises from the fact that the moveand explain general industrial activity.
ment of winter wheat last year was exceptionally
large, the crop having been early aud ths demand
GROSS EARNINGS IN JULY. very urgent. At Toledo the receipts in the four
(.Considering the drawbacks which have existed, the
only 2,437,300 bushels,
this
year were
weeks
comparison of earnings for July, as revealed by our
year
at St.
bushels
last
against
4,150,761
statement below, cannot be regarded as unsatisfactory.
Louis 3,207,172 bushels, against 3,705,989; at Detroit
The gain over last year is small both in amount and 490,768 against 900,102 bushels, &c.
ratio (11,040,346 or 2-34 per cent), and fully 74 of the RECEIPTS or FLOUB AND GRAIN FOR FOUR WBBK8 BNDKD JULY 30

ployment

•nd

of labor, an increated

ore,

—

BILROAD

;

AND SINCE JANUABT

,146 roads included in our tabulations are obliged to re.port a loss; hut that there should have been any in-

crease at

all

in the final aggregate, in view of the

•dverse factors with which the roads had to contend, is
Tery gratifying and proof of the large volume of busi.mess in progress

To enumprate

and the industrial

activity prevailing.

the adverse factors briefly, we

may

say

(1) that the month had one working day less than the
corresponding month last year, July 1892 having contained five Sundays against only four Sundays in July
1891.
(2) There was a falling off in the receipts of
fcoth wheat and corn (speaking now only of the moveaient as a whole) as against a considerable increase in

most
•till

(Obit.)

many

months preceding. (3) The South evidently
suffered very greatly from the effects of the depresof the

sion through which that section has been passing, and
•t>he same time there was a slight falling off in the receipts of

cotton at the Southern ports.
(4) Th«
troubles at Homestead and in the iron trade
generally

reduced manufacturing activity in the districts
cWefly concerned, and also indirectly affected
other
departments of business, (5) The iron ore shipments

£r«m the Lake Superior mines, it would seem,
must
hare fallen off, influenced no doubt by the
situation in
the iron trade.
(6) Comparison is with exceptionally
«ood earnings for last year, July 1891
having shown
quite a heavy gain; it may be said
in fact that

July has

revoaled strikingly good results
for several successive
J*m, the gam in 1891 having been 13,273,641, and

1.

Wheat,

Com,

Oatt.

(t>us)i.)

(blMh.)

Onuh.)

Byt,
(ImMhJ

OMcaoo—
1892
1691
1892
1801

817,211
225.995
3,172.248
2,151,959

2.626.687
6,103,609
11.182,29S
11,097,621

4 wks. July, 1892
4 wks. July, 1891
Since Jan. 1, 1892

139,610
70,186
1,894,616
1,398,367

1,017,3.'>0

tirks. .Inly.
4 wks. July.
Since .Ian. 1,
Itncs Jan. 1,

SInceJaa. 1,1891
St. lyluw—
1 Wks. July, 1892
4 wks. July, 1891

295.017
6,686.984
8,489,632

4,700.281 7,4'!2.813
6,'i9a,583 8,760.021
88.868.168 40,7!'9,677
38,476,440 30,199,248

119,047
889,709
1,647,»86
1,376,72(

666,000

84,800
28,860
616,619
698,00(

63,600
65.«20
861,120
631,a50

3,223,000
<,33;,08t

643,647
1,121,270
21,»S>.6.2
11,930,268

499,470
6W1,340

2,800

6.296.971
6,440,635

1,138,600
676,463

10,169
12,977
234,236
133,416

19,200
10,600

12,300
181,981
96,900
156,763

1892
1891

95,075
93.152
807,182
716,597

3,207,172
3.705,989

1,

wks. July,
wks. July,
Since Jan. 1,
Since Jan. 1.

1892
1891
1893
1891

2,668
2,503
44,899
23,334

2,427.S."jO

1892
1891
1892
1891

12,248
7,448
88,102
78,549

490.768
000.102
2.508.700
2,658,337

4 wks. July, 1892
4 wks. July, 1891
Since Jan. 1, 1892
Since Jan, 1, 1891
iVorvi4wki, July, 1892
4 wks. July, 1891
Since Jan. 1, 1892
Since Jan. 1, 1891

29,441
40.391
189,376
818,645

111,057
271,074
1,009,161
1,491,383

20,636
96.033
821,225
854,741

10,200
10,050
107,025

7.3'>0,650

90460

72,700
292.100
492,800
£39,100

641.082
96,180
1,748,130
496,730

2,202,776
374,368
17,044,583
6,365,061

Since Jan.
Since Jan.

1.

9,156,42.'!

7,288,780

2.-)«,000

I

4
4

iMtrint

221,000
117,779
4,678,500
1,693,638

isi,2:>6

65,8')6

110,292

47,037
664,953
662,363

949.728

«7,«00!
63,774'

-

wks. July,
i wks. July,
8lno« Jan. 1.
Slnoa Jan. 1.
4

t

4,160,761
4,930,700
5,438,660

Hfivetnnn

173.672!
1,009,3561

66;042
379
521,033
286,969

-

4 wks. July,
4 wU. July,
Since Jan. 1,
Since Jan. 1,

1892
isai
1892
1891

183,0.-.«

3,203
14,061

261,978)
1,319,541

838,8.16

1,8.'>8,099

348,748

11,800
17,307
61,604

1,123,100
786.000
7,406,600
6,136,000

9,000
7,800
720,100
897,900

18,700
12»,00«
98,460

6,109,901 9,948,031
461,663
9,010,142 6,9i)1.06l
91.552
74,692.157 69,130,917 13,908.791
60,174.847 47.*r5.4»4 7,159.609

187,S«1
693,477
2,541,01}
2,413,84|

402,900

56 ,800
6,891,300

11,

»W

8.370

327,818

Minnf'ijiolijiI wks. July, 1892
4 wks. July. 189]
Since Jan. 1. 1892
Since Jan. 1, 1891

'Otal nr all—
4 wks. July. 1892
4 wks. July. 1891

SInoB Jan.
Since Ian

1. 189-.;
I.

ISli

4,043,700
2.296,910
34,908,777
21,156,846
1,147,625
545,953
7,861,077
6,26».V31

17,0»9,M0
18,;tH9,930

87,820,M63
,511.81. 251

Ciiicago receives not only
also

considerable

winter

much

wheat,

spring wheat bat

and the aggregata

August

THE CHRONICLE.

18, 1892.)

of both for the four weeks was 2,526,687 bushels against
The loss, however, has been entirely in win
6,103,609.
tor wheat, a? the inspection of spring wheat comprised
1,631 oars in July 1893, against only 367 cars in July
In the ca^e of corn the falling off is quite
1891,

general, though the bulk of the whole decrease in that
cereal

So as regards

found at Chicago.

is

whore

oats,

there has been a heavy increase in the aggregate; the

bulk of the increase is at that point, though MilwauIt deserves to be noted
kee and Peorii also show gains.
that besides the gain which the spring-wheat points of

239

The next, heaviest improvement iu earnrecorded by the Missouri Pacific system and
reaches $177,995.
The Great Northern system has
$177,049 gain, and the Atchison with the San Fran-

of 1407,446.

ings

is

The Northern

$137,802.

cisco

Pacific

stinda

fiftti

with 1119,846 increase, which refleetc
a decided change in the affairs of that road as contrasted with the situation of the earlier months, when
it was obliged to report heavy losses.
The Canadian
Pacific has $109,408 increase and the Rock Islanil^

on the

list

$98,248.
From that amount down there are a nnmhad a very ber of others. The following is a full list of all gain*
The
considerable gain in the receipts of flour, the deliveries and also all losses above $30,000 in amount.
gains
come
chiefly
present
year
from
the
grain-carrying
roads
either
four
weeks
of
the
havDaluth
for
the
at
ing been 511,083 bbls. against but 96,180 bbls. in in the Northwest or the Southwest, though also com-

the Northwest

made

in wheat, they

also

New York Ontario
& Pittsburg.

1891.

prising a few coal roads like the

proper to state with reference to the above
figures that they cover the four weeks ending Saturday,

Western and the Buffalo Rochester

It

is

PRINCIPAL CBANOES IK

CROSS

EABNINOS FOB

Jt

JCLT.

In«reaa«s.
July 30, and that the corresponding four weeks in 1891, Chio Mil. &Increaaesi
8t. Paul... $407,446
Rio Grande Southern..
36,037
Mo.
Pao,
and
Iron
Mt...
177,995
Clev.
L
C.
U.
48t.
34.98*
with which the comparison is made, included the 1st
Ot. Northern (3 roads).
177,049
anl
Ft.
(representing
At.
S»a
rda.).
137,302
Total
(4
day of August, on which the receipts were very heavy.
Northern Paciflo
26 roads)
119,846
$1,951,1(57
109,103
This will account for the fact that the receipts at Canadian Pacific
Chio, K I. & PaciBo ...
98,218
Decreases,
79,609 Wabash
$17e,a4»
Chicago for these four weeks in 1891 are larger than the N, Y cut. & Hud. RIv,
78,2'il Rloh. 4 Oanv, (8 roads)
Minn. 8t, P. 4 8. 8. M..
159,59f
Here are the Mexic.iu .vatloaal
total for the even month in that year.
65,343 -Vash. C. 4 St. Louis....
100,41*
59,03.') East Tenn Va. 4 Ua...
We<t..
N. Y. Onta io
57.44i
figures for the even month at that point for a series of \fl8f>oiiri Kan. & Texas.
54,63^ Mexican Railway
56,200
Norfolli & Weatern ...
50,521 Loiusvillo A Vashvllle.
sa,3«i
years.
It will be observed that notwithstanding the Buflfalo RocU & puts..
4m,S67 Col. Uock Val. 4 lOl..
36,1U
Paul & Duluth
46,519 Western N. Y & Pa
31,3i»
great falling off in the wheat deliveries, and also in the St,
i.ongI'<lind
44,422 Illinois Central
38,47*
•

<Ji

C, Rapids & No..
corn deliveries, the gain in oats has been sufficient to Burl.
Chio. St. P. & K. City.
Wisconsin
Central
reduce the net loss in the aggregate grain movement to
.

Tne Wabash
than a million bushels. It will also be observed
movement
the
the movement of provisions and live hogs was

less

that

somewhat

in excess of a year ago.

Julu.
1892.

Since
1800.

1891,

Jmuarv

1.

1892,

1891.'

11.280.411

10.772.603

4.514,152

1890,

30,035,838

38.381,878

64.280.803

40,950,091

30.216.6->5

35.442.684

2.667,718

6,761,107

1,017.330

Com.. .bush.

5.334.115
8.011,352

7.317.335
3,822.006

8.10J.gll

0«ta..bosh.
Brs.. .bush.
Bvler.biub.

4,638.807

145,367
196,907

346.872

1,520,743

1,347,989

1.533.418

33,8.12

149.405
68,120

6,703,0i*3

4,082.552

6,440.7116

Total irraln

18,S5S.aS9

17.282.052

13,977.5.-2

09.580.179

349,060

230,421

243.918

3,187,175

Hour.,

bbls.

Pork., ..bbls.

437

87

Catin't9.lbs.

19.519,941

13.657,614

IiW<L....lbi.

7,981.935

6,1«8,1S5

UTahogiMo

48S,t>20

468,407

In relation

81,804.527 101,220,855
2.155.963
2,280.793

8,014
11,016
6.974
51,363
2«,843,0:8 107,661,145 127,441,833 194.299.901
11,795,599 80.312,504 46.610.680. 87.116,406
612.353
4.771.418
4.987,596'
4,124,7i7

to the cotton

movement

in the South, this

t706,S77

present year, and records a decrease in

—

the largest of any in our list.
about the amount of the gain made by
the same road a year ago.
Aside from the Wabash,
Southern roads are unusually prominent this time, tli*
Richmond & Danville system reporting a loss of $159,590, th« Nashville Chattanooga & St. Louis a loss of
$100,419, the East Tennessee a loss of $57,442, and

The

1.

Total (representing
16 roads)

evidently had a greatly reduced grain

earnings of $176,549

RBCEIPTS AT CaiCAOO DnRISO JtTLT ASD glXCE JANDART

Whut.bnsta.

42,382
42,023
41,240

loss is just

the Louisville

&

Amonjf
Columbus Hocking
$36,151 behind (this, how-

Nashville a loss of $52,361.

the roads in other sections

& Toledo has fallen
would be reduced to about $14,000

Valley
evfr,

the

if

the charge of

15 cents a ton for handling coal were treated the
as last year), the

Western

New York &

sam&

Pennyslvania

does not reach large proportions at this season of the $34,389, the Illinois Central $33,476, and the Mexican
As already said, however, the port receipts in Railway $56,200. These represent the more prominent
the aggregate were somewhat less this year than last, decreases in earnings.
Taking all the losses, large and
though in the case of one or two of the ports some in- small, there are, as already said, 74. When we come t»
crease took place.
The gross shipments overland seem analyze the results, however, it is discovered that thes©

year.

to

have been a

BIOKUTS

little

OF COTTOH

heavier than a year ago.

PORTS IX JULY, ASD FBOM
JANVABT 1 TO JULY 31, 1892. 1891 AND 1890.
SLrue January

JttJK.

Ports,
1832.

aalreiton

bales.

8,764

1891,

1890,

3,181

287

11,036

8,100

25S
14,427

Moblla

M8

7U

101
12

«,sia

7,272

2,247

1891.

2S8,170
21,238
943,719
72,033
4,707
243.286
61.078
81,034

come chiefly from two sections ; namely, the
South, where a state of depression prevails, and th&
decreases

AT SOUTUKRt

250,105

1.

1890.

156.142

13.2.19

16.077

787,676
101,324

543.772
60.008

4,653
314.213
54,550
179.528

13,601
135.248
52.1.W

Middle and Middle Western section, where the iron
and the smaller grain movement have exerted
the most influence.
troubles

Outside of the two groups of roads already mentioned,
on the whole are quite good. From th»

the exhibits

Northwestern section they are strikingly favorable, only
any decreases, and theseBrunswick, &0
«....
1,631
767
Cbarleiton
...
•74
being mostly lines engaged in the transportation of min2,499
887
43.151
Port llor«l. Ac
146
489
435
<B7
eral ores from the Lake Superior mines.
The gaintr
618
177
26,783
01
44,608
10.513
Wuhliigton, &a
710
1,281
1.028
are large and noteworthy, the St. Paul having $407,Horfolk
1.817
3,693
632 153,611 238,127 100.003
West Point, Ac
446, as already mentioned, the Great Northern *17T,8,023
8,001
1,515 140,495
100,557
115.210
Tout
31,323
35.361
S.8S0
1,288,216
049, the Rock Island 98,249, the Burlington Cedar
Examining the returns of the separate roads, it is of Rapids & Northern $43,382, the St. Paul & Kansat
course not expected to find a great many very heavy City $42,023, the "Soo" $78,261, the St. Paul & Dngains after what has been said of the conditions which luth *46,519 and the Wisconsin Central $41,240.
have prevailed. Still, there are more of these than Many of these, too, recorded considerable improvement
might be supposed. The Chicago Milwaukee & St. last year and the year before, as may be seen by the^dPaul is again distinguished above all others by a gain lowiug.
Florida

6 roads in that section recording

THE CHRONICLK

240
EABHINOS or NORTKWE8TEBN HSBB.

r

t
Borl. C«l. R. ft No.
Ohio. Mil. &St.Paiil
Chle. R.I. ft Pao..
OUc. St. P. ft K. C.
low* Central
Milwaukee ft Nor..

217,729

198,819

202,163

1,924,565

1,818.456

1,421,998

1,246,652

1,285.867

270.401

187,721

109,756

104,429
90,632

120,659
99,974

81,335
181,695

161.272

638,699
371,661

825,288

621,315

827,606

352.049

5,471,717

5,281,286

I

lines.

7,385,0691 6,122,8321 5,905,095

80,824

106,683

109,834

120,474
117,611
122,151

Bt. Pan ft Dnlatta.
Bt. P. Minn, ft Man.

Total

"T

1,977,898

103,867

Minn, ft St. Loola..
M. St. P. ft S. 8. M.

Via. Central

1887.

1888.

July.

Below we give a comparison of the earnings of
heavy.
the more prominent Southern roads back to 1887.
EARNINOS OF SOUTHERN OBOUP.
1891.

1892.

July.

Chesapeake AOhlo
Ches. 0. ft Soutbw.
Cln.N.O.ftT.P.SyB.
B. Tenn.Va. ft Ga.
Louisville ft Nash.

Memphis & Char.
Mobile

ft

Ohio

Norfolk* West 'n.
South Carolina....

1889.

1,448,491

6,517,113

5,293,818

a Fourth week not reported,

flfnires

5,887,789

'

1888.

»

t
831,112
813,818
870,762
199,517
185,180
al72,175
725,711
851,473
703,740
516.991
613,010
488,519
1,814,430 1,865.791 1,545,482
121,753
141,615
105,437
266,333
257,223
243,810
702,135
719,688
752,658
931,970
947,130 1,107,020
111,717
104,579
87,700
8.195,703

Total

1890.

*

$

RIch.ftDanv.syst.

Southwestern roads haye also done well, the AtchiBon, the Missouri Pacific and the Kansas & Texas all
reporting large increases. The Texas roads, namely
Texas & Pacific and International & Great Northern,
and the Denver & Eio Grande and the Little Rock &
Memphis are the only ones which have sustained any

[Vol. LV.

t
142.328
178,412

585.437
181.050
623,051
491,411
123.514
207,000
600,767
930.283
96,661

1887.

t
411,709
171,852
196,001
461,749
1,326,664
127.897
176,668
475,789
699,562

580,402
196,142
1,333,433
115.136

179,282
531,587
738,012
83,211

76,300

4,678,272

4,458,191

taken same as last year.

GROSS EABNING8 AND MILEAGE IN JULY.
Orost Earnings.

Jfameof Road.
1892.

1891.

Miteaffe.

Tncreate or
Decrease.

1892.

1891

diminution in earnings.
EARKINQS OF SOCTHWESTEBN GROUP.
July.

$

t

Atoh.T.&S.F* 8,048,149
Ben.ftRloGr.
745,400

;

850,721

349,062

368,719

387,083

t850,462
838,781
613,569
486,298

t795,S20
322,423

1683,620'

626.134

Z99,64l'

261,732

6,433,361

6,276,605

Pac.

Total

583,261

ft

665.173J

614,964

614,461

Atchison srstem except

t Kansas Cltr

I
2,052,138

810,017

Bt.Ii.*8ou'w.

^Whole

t
2,549,455

763,100

Bt-L-ftSanr.
ft

1889.

2,968,478

K.C.M.S.4M.
Mo. Kan. ft T.

Texas

.

1890.

1891.

1892.

6,781,8191

1888.

.

I
8,306,000

24,092

506,677

671.»77
336,184
509,906
219,042
454.880

660,680
190,135
527.S72

490,426

472,927

400,956

678.170

892,558

6,051,181

Louis ft San Francisco.
Pacific Included In these rears.
St.

In the Pacific group we have already alluded to the
improvement on the Xorthern and Canadian Pacific.
The Rio Grande Western has a slight gain.
EARNTXOS OF PACIFIC B0AD9.
July.

Canadian Pacific
Northern Pacific.

.

KloOrandeWest..
Total

1892.

1891.

t

$

1,790,000

1,680,592

1.511,000

t
1,455,323

2,080.322

1,960,178

2,016,318

1,925,894

248,800

246,100

174,122

1890.

1889.

1888.

1887.

111,526

t
1.2a3,9S4
1,603,685
110,170

t
1,129,643
1,202,678
105,379

1419,122 3,887,168 8,700.438 8,522,212

2,977,719

2,437,598

In the Middle and Middle Western group out of 60
roads

The

altogether 28

reported diminished earnings.
following furnishes a six-year comparison on the

more prominent

of tho?e, including the larger trunk
It will be observed that in the aggregate there

lines.

was a pretty heavy gain
that the falling

ofE

in the

two years preceding, and

in 1893 has been comparatively

TBPSK

I.raEg

AXD MIDDLE AND lODDLE WESTESN ROADS.

1892.

1891.

t
Bait, ft O. Sonthw.
Bnir. Roch. ft Pitt.

£06,954
270,705

OIUca<ioftEaat.III.
Ohio, ft We«t Mich.

333,119
181,131

CL Cln.Chlc.t St. Lj
Ool.Hock.V.ftTol
Det. Lansing ft No.
BransT.ft Terra H.

Hint ft P. Man)..
Grand Uap. ft Ind.*
Or. Trunk of Can.t
J<oa.IETans.ft 8UL.

1890.

202,406
280,076
J,2S2,7S0| 1,111,705

277,286
108,907
102.919

95,316
119,901
215,102

812.096

1.652,181

1,525,322' 1,698,39J

122.861

1333891

106,106

X«vl*.N.A.ftChlc.

282,490

240,667

K.Y.Cent.ftH.R.^

8,793,039

264,718
8,718,480

3,854.770

OUoftMlaalaalppt.

330,934
213,124

36<).S88|

320,110

217,116
110,560

188,317

FltUb'sftWest'n.

tX.A.*T.H.br's.
Vol.

ft

Ohio Cent..

Wabash
WeatN.Y.ftp...
ToUl
• All lines.
ClOTViii: Cin.

fBome

101.230
181.132

136,379

Chic. & East. Illinois.
Chic. Mllw. & St. P.
Chic. Peo. & St. Louis
CMC. R. Isl.& Pac...
Chic. St. P. &, Kan. C
Chic. &We8t Mich..

Cln.Qeorg. & Porta.
Oln.Jaek. &Mack...
Cln. N. Orl.&Tex. P.
Ala. Gt. Southern...
N.Orl.A Northeast.
Ala. & Vicksburg. .
Vicks.Shrev.&Pao.
Cln. Northwestern. ..
Clnn. Ports.
Vir...
Col.
MaysvUle...
Clev. Akron & Col....
Clev. Ciu.Ch. &8t. L..
Peoria & East. Div.

&

&

Cleveland & Marietta
Colorado Midland
Ool.
Col.

Hock. Val.

& Tol.

Shawnee & Hock.
Colusa & Lake
CuiTcnt River
Den V. & Rio Grande.

Des MoinesNo.&West
Det. BayCityAiAlp..
Det. I/ansing & Nor
.

•Dul. So. Shore & Atl.
Duluth & Winnipeg..
E.Tcnn.Va. & Ga....

Elgin Joliet

East..
Inrtlanap.
<fc

Eastern of Minn...

Montana

Central..

Internat'l & Gt. No.
Iowa Central
Iron Railway

Kanawha & Micli

Kan. C.Clin. c&Spr...
Kan. C. Ft.S.&Mem..
Kan. C. Mem. &Bir.

Keokuk&Weetcm...

109,628
118,971

Lake Erie All. <fc So.
Lake Erie & Western
Lehigh & Hud. River.
Little Rock & Mem..
Long Island

1.U6.301 1,291,850' 1.118,178 1,128,302
299,500
883,889]
824,'828|
11.178.173 11,320,867 10.484.869

lid^"u "?nd'' St Louls'*^''Mp^^,''rt n","""^?
W.tertown ft OKdeS;har«^'ISol»'5ed''t5r
ft

Sumter & No.
Chesapeake & Ohio
*Ches. O. &8o.West'n
Ciiarl.

Gulf & Chicago
Huniestou & Shen ...
Hutchlns'n <fe Soutli'n
lUluots Central
Ind. Dee. & Western.

224,481

283.100

.,

tCbic. & Gr. Trunk..
(Det. Gr. Hav. & Mil
Gt. No.— S. P. M. & M.

137,263

277,582

I'aclllc

Carolina Midland.
Char. Cln. & Chic.

^'^'^"'^

to2ether

S?i\?.t'%J'r's°'=''"°°'

*

«^'''«-

Loulav. Evans. & St.L
Loulav. & Nashville..
Louis. N.AIb.A Chic
LoulsT. St. L. & Tex
Memph.& Charlest'n
Mexican Central

In the South only 7 roads out of
35 are able to report
improvement in earnings over last
Mexican National
year (assuming Mexican Railway...
that the 8 roads in the
Milwaukee
& North'n
Richmond & Danville

«
M

2,905,649

13,991

2,833,706
124,772
583,261
122,361
7,985
216,050
3,463
135,092
22i,338
272,673
1,680,592
6,197
13,376
8,630
864,112
131.011
343.181
2,309,552
113,221
1,376,919
361,417
158,037
6,152
57,299
392,508
156,014
90,145
48,038
39,038
1,474
23,500
1,145
85,001
1,232,739
157,917
25.019
173,347
313,733
65,961
2,749
12,618

745,400
33,376
27,100
95,316
159,110

753,100
24,796
41,771
101,318
175.971

8,233

6,262
545,991
65.853
35,059
127,322
225,111
20,488
78,886
233,647
39,774
23,274
1,525,322
261,348
88,031
825,016
72,896
103,406
2,861
13,295
7.153
1,801,856
51,180
301,639
128,628
2,359
24,823
20,398
349,062
76,631
31,833
5,719
305,882
37,472
45,363
513,972
133,839
1,866,791
264,719
43,323
124,753
637,634
324,943
299,158
152,514
15,195
151,831
206,136
795,820

142,.5O0
613,,'559

140,194
8,146
208,954
3,233
140,920
270,705
315,055
1,790.000
6,000
9,500
9.100
876,752
105,669
333,119
2,716,998
104,331
1,475,167
403,470
161,131
6,248
57,790
359,339
141,983
117,508
51,011
38,899
1,828
22,641
1,103
81,733
1,267,721

146,170
24,292
178,568
277,582
56,287
2,280

488,549
67,494
35,351
119,901
215.102
21,938
64,864
221,102
42,915
19,383

Cin.Rich.&Ft.W..
Other lines
IGr. Trunk of Canada 1,552,481

t
184,088

l.2«7,721

Canadian

Evansv. &
Evansv. & T. Haute.
Flint & Pere Marq
Fort Worth & RioG..
Ga. South. &FloridaGr.Kapids &Indiana.

small.

Jvly.

Atch. Top. cScS. Fe...
R'ds I'ntlyown'd.'a
Bt, L. & San Fran.
R'dsj'tlvown'n.'s.
Atlanta <& Florida .
Bait. <fe Ohio Soutliw.
Blrm'ham & Atlantic
Brooklyn Elevated
Buff. Uoeh. & puts.
Burl. Ced. Rap.&No.

system
ahow osses) these seven incUding
the Norfolk &
Western, the Chesapeake & Ohio, and
five others, as
already pointed out, the
losses.in some cases
beingvery

258,225
91,280
934,631
119,048
74,688
2,171
9,500
10,224
1,468,380
43,614
280,642
140,199
2,602

30,347
22,232
350,724
70,086
23,950
6,230
292,012
40,083
30,343
558,394
122,951
1,814,430

282,490
52,113
105,437
651,512
390,286
233,958
145,601
11,298
173,676

Mineral Range
Minn. & St. Louis
Minn. 8t.P.&8.8t«M.
284,3971
Mo. Kans. &Tex.8ya.
850,452
Mo. Pac. A: Iron Mt
2,129,266
Mobile* Ohio
213,840
Nash. Chatt. &8t.L..I
430,035)

1,951,271

266,333
530,454

+71,943

6,543

6,527

+ 17,723

587

587

+30,298

1,328

+ 17,833

1,327

+461
—7,096

536
105
281

+5,828
+48,367
+42,382

304

536
105
281
22
18
304

—230

+ 109,408
—191

—3,875

+470
+12,040
—27,342
—10,065
+407,446
—8,890

+ 98,248
+42,02J
+3,094

+96
+491
—33,169
—14,031

+ 27,363
+2,973

—139

22
18
1,083
5,767
55

1,083
5,568

175
139

39
175
139

1,261

1,210

398
436

3S8
436

5,721

5,719

316

316

3,456

3,409

922
481
42

922
489
42
345
336
295
196
143
170

34i

336
295
196
143
170

+ 354

8

8

3,26h

106
19
194

106
19
194

1,837

1,837

351
105
350
327
155
22
82

351
105
350
327
155
22
82

1,646

1,637

157

232
323
589
85

157
232
323
S89
81

-57,442

1,253

1,253

+1,641
+ 292
—7,421

164
153

—10,009
+1,450
—14,022

630
144
285

—859
—42
-

+34,982
—11.747

—757

+ 5,221
—36,151

+276
—469

+ 1,373
—7,700
+8.580
—14,671
—6,03.'

—16,801

+ 1,97

[—12,515
+3,141
—3,891
+27,159

86
62

164
153
161
627
113
285
428
86
62

3,505

3,487

—3,123
+3,219

335
189

335
189

+ 159,615

3,350

3,035

72
260
62
95
82

72
235
62
95

2,888

2,875

+ 46,152

—28,718

-693

—3,795
+3,071
—33,476
—7.566
—20,997

161

43!

8!!

61
722
90
135
361
373

152
825
497
20
142
163
671
235
148
61
722
90
135
361
373

+ 65,343

1.218

1,218

—56,200
—6,913
—3,897
+21,845
+78.261

321
362
17

321
362

+ 11,571
+ 243
+5,524
+ 1.834
+ 1,662
—6,545
—2.883

+511
—13,870
+2,611

—15,020

+ 44,422

15;

825
497
20
142
163
671
235
14S

—10,888
—52,361 2,933 2,860
537
537
+17,771
166
106
+8,790
330
330
—19,316
1,847
1,803
+13,878

+ 54,632
+ 177,995
—22,493

—100,419,

363
885
1.672

17
363
805

5,372!

1,672
5,231

687
810

687
810

AC0C8T

THE CHRONICLE.

-:s^T*f

13, 1803.1

ItUeaat.

Hron Sarntngi.
ItusrtoMt or

tram* of UtaA.

1891.

1892.

Deereate.

1892.

Samt

1891.

7.185
3,793,039
a6,888

N. Y. Out. A West....
Norfolk.\- Wi-stern...
illo
N.r
\\

11

3aS,S7-2

752,65«
2,080,322
522,318
330,931

Ilea...

-iypl...

Oil.

68,5<'0

Ollhi lliM-i.

16.729
68.557
2,253
213,124
13,000

Ohio Boutliciu

&

Evansv..
I'eo. l)i>i'.
Pitts. JIarloii A Ohio.
Pittsli. A- Wiwtcni
Proseott

&

.\iiz.Ccnt.
Qtilu. OiiiuliitA K.V..

2I.:i04

917,430
00,332

Rich.AUaiiv(«roail«)

Klo

Graiidi' Koutli'ii.

248,'<00

RloGraiLcU' WeBlerii.
Bag. Tuscola A Huron
St. Jos. Alir. Island..
St. L. Alt. A T. H. Brs.
St. L. Kciiii.'tt A Ho..

11,021

T3,2S0
104.230
2.466
838,781
203,557
392
86,407
10,000
87,700
15,155
486.296
5,646
92,388
31,092
131.132

St. Ixjuis Soutliwea'n.i
St. PaulA l)uluth....i
SnndPi sv. A TennlUe.
Ban Frail. A No. Pac. .

Kilvcri"!!

!

Soiiili I'arollua

Tcniir.-«>e Mldlantl..!
Texas A Paoltlc

J

Tex. Bah.V.A North..

Tol. A. Arl<. A N. MlcU
(in
Toledo Col.
Tol. A Ohio (Viitial..
Tol. Peoria A Wcsl'n.
Tol. St. L. A K. City
Toledo A So. Haven..
Walirtsh
W. Va. Cent. A Pitts.

1

A

72.-145
I92,(ill

.

2.570
1,115,301
j

We»t. N. Y. A Peuu..!
Wheel. A Lalee Erie
WriKhtsv. ATeuuiUe.l
.

.

85,680
299.500
127,297
5,462

-4,318
+79,609

11,503
3,713,.l30

47,688
296,337
702,135
1,960,476
481,078
356,388
65,100
47,673
73,145
4,217
217,445
16,830
18.619
1,107.020
24,295
246,100
9.046
70.060
110.550
1,815
322,423
157.038

+ 0,195
+69,035
+50,52

+ 119,846
+41,210
—29,454

+ 3,400
-044

65
2,096
01

65
2,094
61

477

47H

1,349
4,879

1,077
4.252

8e7
623
209
140
254
25
352
73
134

867
623
209
140
254
25
367
73
134

-4,5~8
-1,964
—4,321
—3,830
+2,585
-159.590 8,164
172
+36,037
512
+2,700

3,154

50
446

+ 1,975

67

67

+3,220
-6,320

445
242

445
242

+651

25
1,222

1,222

250

250

+ 16,358
+ 46.519

25

—216

3

3

84,514

+ 1,863

13,fi41

—3,541
—27,017
—1,042
—28,165
+2,428
+7,632
+4.242
—5,247
—12.284

160
20
135

160
20
313
135

1,497
38

1,497
38

608
114.717
10.197
514,461
3,218
84.756
26,850
136,379
84,729
187,327
2.781
1.291,850
85.970
333.889
106,650
6,244

27(1

2«d ,

286

+ 5,287
—211

72
235
247
451
37

72
233
247
451
37

-176,549

1,921

1.924

152
64U
255
35

152

—290

—34,3.^9

+20,641

—782

(i40

255
33

Total (146 roads). J45.510.394 44.470,0481 + 1.040,346 98,022 96,403

Namt

1892.

of lioad.

1

TO JULY

1891.

'torn

I.clii

I

Little I'.oik

Lonv Island

A St. L.
Louisville A Nashville..
Louiav. N. Alb. A Chlo.
Loulsvllln St. L. A Texaa
Mimphis A Charleston..
I.,oursv.

Evausv.

Mexican Central
Mexican National
Mexican Railway
Milwaukee A Nortbeni.
Mineral Ranite
Minneapolis A St. Louis
Minn. Ht. P. A 8. Ste. M.
Missouri K. A Tex, sys..
Mo. Pacific A Iron Mt..
Mobile AOlilo
Nashv.i.'hat.ASt. Louis.

N. Orleans A Southern.
N. Y. Cent. A Hud. Riv II
Now York A Northern..
N.Y.Ontario A West'n..
Norfolk A Western
Northern PaclUo
Wiscon. Central Lines.

Ohio A Mississippi
Ohio River
Ohio Soiithom ..."
Peoria Dec. A Evansv..
Pittsb. Marion A Chic.
PittsbnrK A
.
Prcscott A Ariz. Cent..
Qulncy Omaha A K. C.
Rich. A Dan.Sys. (8 r'ds)
Rio Grande Southern. .
Bio Grande Western

Western

Top. A San. Fe...
K'MiUJ'ntly own'd, H.

^-t.lMiis A San Fran..
Kuad» I'utlv own'd,'a.

Bait.

A Ohio 'Southwest.

Birmingham A

Atlantic.

A

PitWDurs.
Barl. Ced. Rap. A Nor..
Buff. Roeh.

Canadian Paoiliu
Carolina Midland
•harleston Ciu.

A

Chie..

Char. Sumter A North'n
CbeeapeaKe A Ohio
•Chesap.Ohio ASouthw.
Cblcaco A East. Ill

Chic. Slllw. A 8t. Paul..
Chlo. I'l'orlrt A St. Louis
Chif. Kock Isi. A Pac...
Chic. 8t. P. A Kan. City.
Chic. A West MiohlKan.
Cln. Ueort;. A Ports
Cln. Jackson A Mack. ..
Cln. N.O. A Texa* Pac..
Ala. (treat Southern..

18.970.298
1,026.214
3,723,280
1,005,065
1,441,526
23.787
l,776.72tl

2.256,739
11,612,489
31,868
79,310
7a,966
5,079.326
1,147,046
2,202,968
17,447,471
70.7. .i21

Vlckab. Shrov. A Pac.
Clnn. Northwestern ...
Cinn. Ports. A Vircuiia
Columbus A .MaysviUe
Cleve. Akron A Col..

9,536,765
2,670.927
1,078,154
37,286
377,325
2,410,035
984,974
702,563
344,7*6
205,372
11,118
134,841
8,083
554,295

Clev. Ciu. Chic.

7,713,!>01

N.O.

4 Northeastern.

Alabama A Vickshurg

Peoria
Cleve.

A

A St. L..
A Eastern.
.

Marietta

991.720
180,903

Colorado Midlaml
Col. Hock. Val. A Toledo

1,217,834
1,831,353

Col.

384.848
12,361
106,823
4,957,927
224.321
210,011
658.207

Shawnee A Hook

Colusa A Lake
Current River
Denv. A Rio Grande
Oea Moines Nor. A West

D«t.BayCityA

Aliieua.

Det. Laiislni; A North'n.
•DiU. 8(). Shore A Atl.
Dulutli A Winuipee
Eldii Joliet A East
l%v.iii.JV.A Indianapolis
I'^vLiiisv. A Terrc Haute
Flint APcre .Manpiette.
Fort Worth A Rio Or...
Qa. Southcru A Kla....
Or. Kapiils A Indiana...
Cin.Ulch.A Ft.Wayu6.

Other lines
IGr. Trunk of Canada..
iChie. AGr. Trunk....
tDet. Gr. H. A Mliw...

Great Nor. St. P. M.AM.
Eastern of M
Montana Central
Gulf A CliieaKO
Humesion ,t Shenand'h.
Hutch. A Southern ...
Illinois Central
Indianap. Dec. A West
Int. A (ireai Northern..

Iowa Ceutral
Iron Railway

Kanawha AMichlgan
Kan. City

(;iln.

A

Spr.

1,192,759
71,224

463.936
202,717
708,254
1,682,102
196,412
431,443
1,406,997
273,605
133,583
10,906,399
2.168,283
655,555
6,573,482
691,127
645,806
19,192
77,700
49,018
10,479,103
259,813
1,957,163'

1,017,425
19,244

213.515
178.609

17,706,059

1,264.239

970,830
3,621,375
951,285
1 ,310.060
K0,274
1,538.064
1,880,264

55,384
101.914
53,780
131.466

10,71i;,056i

Deer east

A

X.II. Br'chs
St. L. Alt.
South..
St. L. Konnett
St. Louis Southwestern.
Duiuth
8t. Paul

A

Teunille....

Toledo (3olumb. & Cin..
Toledo A Ohio Central.
Toledo Peoria A West'n.

A Kan.

City..

Wrlghtsvllle

1,964
C,261

t
II

To July

..

A Tennllle.

Total (110 roads).
Net Increase

376,475
900.433

85,.571j

A

WestN. Y. A P»
Wheeliiie A Lake Erie

6,487

22,093
57,873i
199,771
4.879,555
1,216,042
129,682
2.073,286
14,617,356 2,880,115
93,570
611.651
8.554,447 1,0(12,318
306,844
2,364,083
122,670
955,484
36.204
1,082
409,228
2,443.909
1,063,578
70,004
632,539
311,165
3,611
321,229
11.854
129,251
5,590
1,085
6,998
24.124
530,171
233,137
7,480364
893,502
08,218
194.176
56,632
1,161,802
140,775
1,690.578
279,363
105,485
13,485
19,140
87,683
338,839
4,619,088
173,116
51,205
2sl,652
666,080
107,955
1,084,804
27,628
43,596
376,096
87,840
9,420
193,297
677,331
30,923
1,686,199
124,448
71,964
437,083
64.105
1,342,892
26,843
246.762
1,196
132,387
417,677
10,458,722
91.282
2.077.001
31.924
623,631
5,134,403 1,439,079
103,285
487,842
725.865
20,766
88,699
12.971
36,047
415,956
10,063,149
260,166
1,990,986
111,020
906,405
20,680
36,923
176,592
9.866
168.748

A

Toledo A South Haven.
Waba.sh
We*tVa.Cent. A Pittsb.

2:H8,665

33,832i

.

Sag. Tuscola A Huron..
St. Joa. A Graiid Island.

Tol. St. L.
Atoll.

.

San Frail. A No. Pacific.
South Carolina
Tennessee Midland
Texas A Pacinc
Tol.Ann Arbor AN.Mieh

31.

Increate.

"Btem...
onBlvor
* Memphis.

Lai.

Sandersv.

Only three weeks of July In each year.
For four weeks endiu« July 30.
.,..,..
Ineluded both years.
IT Kome Watertowu & Ogdeusbnrg
•

1

GROM EARNINGS FROM JANUARY

Mom.
nty Mem. A BIP.

Kc"!

*

30.

RoiBe Wat.

1691.

1892.

of Road.

Knnnaii C. Ft. 8. A

Kan.
V. Prlt'iiiiii A Soiittrn
N.Y.CVii.&lIiul.BlT.II
N. Y. & Niprthnrn

241

...

2,.580,569
63e,-202

3,7*0,725
594,928
214,096
1,891,205
243,769

218,987
1,756,760
238,690
398,289
2,273,082
831,160
11,053,144
1.537.819
280,031
888,099
4,024,972
2,403,448
2,418,581
929,846
78,763
896,917
1,160,103
4,897,890
13,425,774
1,978,863
2,398,759
97,093
23,823,874

320.970
2.384,842
738,048
11,959,017
1.773.393

368,049
776,057
4,458,207
2,370,942
1,806,680
01-2,269

76,266
1,080,949
1,661,415
4,971,966
14,436,481
1,893,897
2,912.184
75,648
25,176,848
302.826
1,949,880
5.336.635
12,394,667
3,161,809
2,271,528

282,074

Intrttue.

|

9

1

180,160
I84;445
6,213
111,760

002,903
239,976
88,018
438.23'5

184,082
911,312
74,076

3S.1M
iit,Ma

3,498
^'

1,010,707

913,425
1,852,974
20,752

366,162
306,160
497,122
23,087

'i2,S»7

344rl90
472,491
22,593
1,367.087
74,397
149,210
6.986,986

1,241.537
75,016
141.357
7,705.829

125,550

347,364
1,446,690
61,473
636,904
798,316
20,229
2.279,497
1,056,443
3.111

126,886
1,392,577
51,250
435,791
766,438
11,617
2,206,515
905,173
5,428

220,478
54,113
7,223
201.113
31,878
8,572
72,982
151,270

463.745
754,353
102,746

449,793
933.569

13,952

106.991
3,626,950
583,223
190,620
797,884
521,238
1.029.578
13,417
7,335.761
633,413
2,009,602
712.475
52,580

'vfjiii

eS?',SS?

276,409
356,559

3,430,321
617.332
182,893
851,873
542,598
1,124,169
14,539
7,587.020
618,118
1,907,162
809,575
38.076

$
41,374
8,401

12,424

1,673,471
4,980,076
12,664,407
2,807,726
2,285,865

378,.^59

Dter*iu4.

354,083

84.9M
21,94C

269,740
14,387

38,330
••*••••>

24,631
3,494

619
7,853

718,843

2,314

179,218
4,245
196,629
34,109

7,727
53,989
21,340
94,591

__^

908
25i.256
i5,295
102,440
97,100

i4,50i

293,633,390 278,316,406 20.361,962 3,074,978
17.2»6,984
'

Only three weeks of July in each year.

* Ogd. included

both years.

68,996

MR.
The

GLADSTONE ON BIMETALLISM.

following letter from Mr. Gladstone appeared in

Ouardian of Wednesday July 10 1889.
was consequently written just about three years ago.

the Manchester
31.903
33.874
78,601
25,857

436

It

We

find it

The

letter

among some

old clippings we had filed away.
was written as a reply to Mr. R. L. Everett,
of Rushmere, Ipswich, who had asked Mr. Gladstone
to receive a small deputation of his supporters in Suf-

folk on the
13,273

money question as connected with the deamong the agricultural claaaee

plorable distress existing
in the county.

1,124

Mr. Gladstone's

letter is as follows.

Mr. R. L. Everett
" Dear Sib— I am very reluctant to Bend you a reply which
may be thought to indicate indifference to the circumstances

71,641
7,873

whether tliey be those of landfarmers or laborers; for I fear that these last also have
in some parts of the country been undergoing a diminution of
wages very much to be lamented. Bat the special calls of
the present time put it wholly out of my power to enter orally
upon any full or profitable discussion on a subject which is in
itself complex, and the adequate illustration of which from
contemporary facts would require an expenditure of time
beforehand such as it is out of my power to make. I know
that the circumstances of agriculture (in which I have every
reason to feel a deep interest) vary materially, not only from
time to time, but also in one portion of the country as compared with another; and while I regret that in Suffolk
you should find it your duty to record an increasing
depression, I trust that county may soon share in the
relative improvement
which is, I think, observable
in various parts of the country.
I cherish this hope all the
more because the great coal and metil industries which for
of depressed interests in land,
lords,

4,097
'5,(545

80,059
l,.-)74

10.999

353
33,823

THE CHRONICLE.

242

agriculture, or
recent year* shared the depression of
of revival. In
signs
show
now
heavily,
more
•yen suffered stUl
referring disBO case can anything but mischief arise from

many

[Vou LT.

(C 0>
CO X^ O"^)
a.^^ ?•
aao^ocoQDCiOQc^otDOtc-ja'JOCMOi.
cowox o'xi^j-'woc MrooD tf^j'itc 00571 — m; co a S"*
C^ tCtO

CD

ceo
ODCD

standard of
tnas to causes which are not its real source. The
is itself a
exchange,
of
ralue, which is the great instrument
fluctuation.
to
subject
itself
is
such,
being
and,
oommodity,
wiselySuch fluctuation is economically an evil, and every

tOaj*lOs«t»^tOMO

^

— fO'W--acoc:Cnw*»»^0,

*»'^r*

>-

C3 01

MO

rg

Kih
w M M ih w COCOj §8^
w 01
^ O — C Ot M^tO fD wp
'cDttJtocoti'oobi'
oitw CO o o «t
001
COOWr-OO©.
CO

-J'^MQOtOCO

-4 QD M M
^ *»
M M -1 W
OS CO^
00
to W
w M 0: M ro » w

standard of value

c;»

Cfl

governed State should seek to have for its
That
th« commodity which is the least subject to fluctuation.
commodity, as I conceive, is gold, and to adopt any other
standard or to add to gold any other metal more subject

0'«>OU"-'0**'0

to

ȣ
»<*

lower tho value of bterling money in which debts are paythis would be an additional and most formidable
Thirty or forty years ago it was very commonly
aiiischief
thought that gold had undergone a very heavy depreciation.
There is now an opinion that it has been artificially and very
largely forced up in value. My belief has been all along that
any increase or any decrease of value which has taken place
has been within very narrow limits. I cannot deny that the
action of certain great Continental States may have had a
limited effect in raising tin exchangeable value of gold. Such
action has arisen, I must suppose, from a desire to attain or
approach to the best possible standard; and while I regret the
inconvenience which may be due even to a minor change of
value, tliere will be a future compensation in the results of a
policy that extends the area over which the best and most stable
standard is in use. I also observe that incidental contraction may
ho counteracted by incidental expansion. It is at this time
thought by many ])ersons that South Africa is about to make a
material addition to the available gold currency of the world.

co«
oco

o*

OB

go-

oV

Cncc

o

ODOD
00

CO

COICOM

-o-iy

ODtCQO
ti K- CD

irf»-

CO

,

05

f-

to IOC!

<l

^

W p p M p ."^

5 ** J^ 0>
fco-ro 'm'co'w 'ylt*

Is ©"to""

U»'t^ CO

1*^

acD^D Ci"*^c;»<t*'CO(Oosc.« oomto
7'ai^
Owtov
*i'Otf>'OceMh- tOkSOD 09Wo<>0O®Vi|b-'^

}

1

w
02*.

;

H'O

.

h;
^3•

•

^S

^.
Si

i

<o;
to.

s

?

'.

•

Ol

n
o

•

too — ODw;

1003*.

O

•of*.;

.
•

w

S *
S a

WW^tOI^M^OOC^^-O: W

"ft

gi.

:

^.»™'

to

o)<o-im>'r'.

aoxif-aW'

®

..
-!*•

10

M OH
M
« M <| K) <!*. o: — *3 m' q 05 05 05 Oi Oi olV

o
o

ts

o
o

My. 2 3^
totOMCmpO)^O^qs-.^;^^^i^oio03*^3:u»o-i.tl5S'
1*^

lOU
K)0

0.0

00:

S3

1^

OCl
»<0

W H*

AOb'X'^
"

CCOCD<

9

(B

crCO

Ci jO 01

<)acj'rfk

w-

«kCO

coo
co^

—

vJOKlOJ

p,c3

9

*k CO 1^

c'

MMO VCm"
Mi^-*.;
XCCCD

'coco

.

1^.

*0*^*^i MOi
To

00
^w

ajjle,

H

os"^

WCC-1^

OtCO

""2.

that flucto fluctuation than gold would be to increase
or
inconvenience
consequent
the
therewith
tuation, and
of itself
distress. If a change were made which should

*». t;»

OSQooOi^ooao

cow

tO rfk

I personally am aware of no sufficient reason why we ourselves
should not effect a moderate addition to it by the gradual introduction of a carefully limited system of issuing notes
smaller in value than five pounds. But I am convinced that
any s( arch for industrial relief of whatever kind from legislative alteration in the basis of our exchanges, great and
small, which is gold, would be a barren and hopeless quest,
diverting men for the time from efforts after practical thrift
and improvement, and ending in substantial, perhaps in bitter, disappointment. As your lettf r appeals to me upon a sub-

ject of

wide public

interest,

you are

entirely free,

if

IB

o
»=1

o
o
>

you

o

should think proper, to publish this reply. Allow me to remain, dear sir, faithfully yours,
W. E. Gladstone."

New Jersby State Banks.—The Department of Banking
and Insurance has furnish* d us a statement of the condition
of State banks in New Jersey at the close of business on June
30, 1892. From it and from the latest statement of the condi-

—

—

tion of national banks that of July 12 we have prepared the
following, which gives the results for all the banks in New
Jersey. The total for July, 1891, of both State and national
banks is also given for purposes of comparison.
StaU Banki,
JuntiO,

Ifat. Bar>k$,

July

KEW JERiiKY
fvmtwr
Rfmwrert—
Loano & dUc't*
OrerdrafU

Ac
One from reserve lurenlji
I>H4> frrrni Iiitnkiniifl

banhers..

Hnnk'K t>oum.. f uTult.
Otber real estate

& nx'res.

Specie
lii. tei.. n<ite> k certs. oVdep!
Bins of other banka
Oarreiit exps and taies paid.
V. 8.

Other re«uurcefl

I,2*^fi;;r
£*plUl »tork paid

1802.

es

22

t4S.e00,430
64 226

Stflclw. bonrtii.

Pranlams on

12,

1892.

bunds

In

Stirplusanfl undivided profile,
OrculaMoii utatundlnK.
.

DlTiden'W unpaid
|§dlTl<iual (letn>iuta

Other depuKli.i
one to banks and hunkers..
Jotea and bills |ia>nhle
Other liabUltles...
;
'''"'"'

Total.
1801.

21.n.«03

269.«28

M

•

12,36. ,209

14.620,363

11.124,183

2.504.917
364.434

887.410
87,621
113,281

2,772.827

2,.')39,900

4M,665

370.019
2,6.2.420

t

430.200 [
112.140

2,010,869

432.U32

3,637.848

3,296,160

23,078

138.131
S! 8.942
1,382,975
$87,688,183

.330.343
1,5-8,2(10

i«,'8i2

136.227
330.343
1,728,042

»85.723.707

»10,670,408

».)6,2O4,20i

fll,4S6.0IS
l".2i;i.55>8

»l,780.7eO
1,060,910

» 5,970.016

3.767.228
134.014

'iwVo

tl6.237,405
11 312,537
3.76T.228
149,484

6,068.737

60,185.517

51.579.951

188.11)1

327.003
<16.e92

1,726126

10.223

697

1,747.061
004.053
10.020

«85,728.7e7

»10,570.408

»98.204.205

187.638.183

e2,L-44.&t4

262.276
«.410.158

•2 c^» oo

117

681.108

».60fl.688
2,67B.e()6

'-0;otct0giOoc;'rfi.o»-'Ogt0ii#»-CQW*^Q0fcac;ii-'

|57,47fl,J16

1,041.787

OjreB
coo

>^

a

8il.68i
22 626

c;to
O'K):

coos'*
<:Dio^i5

M,
*q

pScWp ^'
o\
OS'fj"^*D

PP00 00-

^co:

f-0J*^'3D

O'P oi CD ill «."^pi»

OC0»
CC t<

O

1*^

1^
gi
t-l

GclfitqloV"—

o

o *

<*

?r*

ft

d
5

)f>>

-1

m:o

m

t-" 01 COM.
oto; oi-qoy

i-'x

<icD*.Diffc
if^ y* *» CO

tf*^

-q

•

co^©
©
oi'Jb.Oi
ot)c?i"^ OiOD <i--J <i
aaC(-)(rno-n»-'fO«vi^0c^w<-'QoaD'
c;*

g^pj,

f^potjj'p-g

w. co^^^oo>Qo
O- *^ CO 01 H*

ccw

CTSe 3
f ^-r^ CO
0*2 vol
cdOqdo'^w
Om ^
(^'-'mOiioJicico
>-'

^0:s^|f»QoQO^-^*J-ltowoiMrf*M:

pcopp;
CJli».CSOD*

H-^w-CO:
CCCft***-.

IB

Up
o

oDq'Qo

!!-»

00 w
^ lo® A.*^ C« M O
M
cs»pyr P^P CD^^ •^.'^P *»OC0aSQ0H-C0O'

coVi
<0<I

oco

g'^"ic'" V^'^^'>^
rf*

c: OS

CO

Oii-Vj CO

"'•1.1

XQo

Oik!
^ ^ 01 ^ "^ ^'OiJ "1 w » M <»: waoo.
to Xh

ifk

=
wco

I

(

OCO
Otto

Ss>S
10.604.652
3,730,461
183.867

u

*»•

17.576.886

3,0ltii8l2

11.67:^ .l^il

JO 401,764

(-•

120

155.076,706
351,928
10,62i.SoO

o

* zp o w CD 5 p 5© p CO c w _M *j <i 00 Il^to 5^ p 00 0i"*'*< 5' y
— Cft^-O^Cn^WMtO-JtOroi-'CO-iCO'^'cOi^^OiO f*?*

tool

oJO

o M to CO OT -*

X 01

jopwoh-os*

CBS
AtD

c;i0i

£**
S«._r-.

tf^

cs

Wjocojo;

VODXCO*

t-tO!0'-'Xo;
Qco*^kC(^i5

«D

• ct

-si

1?

*» la OD *
aMM
M
M Oh.
^ «
K j?!i ''"JiS;"'''' *^ '^"^"^ WV. 03 WV «Q0 *. to lU w"v S' 3
.O JD.O to ».»0_M w 05 *. to » O O S ^ S- 03 -1 S *. - o
Sa
cfJOjooK>Oii*-*'C3^*.h-t;.-^w — ^^oitomaios *
viif.nr-tc»ji(..^~jooto»05
0.*

.-.

.

Illinois State

BANKS.-Through the courtesy

Pavey, Auditor of the State of

week a etatement Rhowing

Illinois,

of

Mr C

we have

W

received ihis
in detail the condition of
the State

banks, savings banks and trust
companies in Illinois at the
of bu8ine«8 Thur.day, July
28, 1802.
From it

commencement

Chicago, and for purposes
of comparison we add
the
/rom the previous stetement-that
of May
7,

1882

S M01
00^

fwo
I'

to is

09*.

too

05

0>it..*.aa>(Ooa<o>

'

While there has been no increase in the number of banks
since May last, there has been an appreciable gain in deposits,
a small addition to surplus and undivided profits, and the
item of loans and discounts is larger.

We

total^

coco

have also compiled a statement covering the banks outside of Chicago and give it herewith, embracing therein the
results for July 38, May 7 and February 10, 1893.

Adoust

THE CHRONICLE

18, 1892.]

ILLIMOIM UTUr

TUAN

K.

JutytS,

CUIUAUU.

UM.

uet.
as

Momtwr

I,o*na moil dlxwunU, Incluilliut OT«rdnini. |lfl.4S«,»5S
1,336.086
BlOOkN. b«QilB, xO.
8.306,483
Iiutt from bulks Hnd b«nker«
880,387
llankliK houM). (urnltura ami flxtnres.
87,M«
Ottivr roal wtAte...

Hp«oi«
Local teod«r notos and oiirtlfl's of dapoilt
Bxctaaiuiaa fur Claartnc-lloun
BIIU or uther bauka
Cumnt exiMnaaa and taxea paid.

t

1,188,110

7»

|1»,050,SO«

lis.sra.tss
87t,«lt
a.ofm.isi
ai4.7no
106,718

SM.tUS
S,I»S.SI3

^.363
108,177

1,80S,818

1,103,833

|

243

During the British elections thnre was very largo " beaf *
and upon the Continent. At the fortnightly le^
tlement on the Stock Exchange, which began on Tuesday,
there was consequently found to be a very large " bear " mcount open. " Bears" had to pay heavy fines for non-delivery
of the stocks of all the best British railway companies. For
selling here

was

instance, the rate for carrying over Northeastern stock

I

.,

_„ ,^

11,8^.600

60,846
86,638

108,871
87.881

68,898
60,868

»88,7085lO

Total

UiitUUHti-

7«

I

Olbor rtauunea

Capital atuck paid Id

Feb.
1888.

10'

»20,876,0;»

|18,922,1S8

»4.n 10.500
1,273,087

|3,88i;,6.)0
I,ia3,cl'i0

for a short time ?^ per cent for the fortnight, or 18 pei
per annum. This was by far the heaviest rate, but neai

railway stocks were scarce.

many

nt
ill

:

Fines hal likewise to be pa

•

jii

and even some South Afi..aa
4,;08
t.ees
Dlrldniiilii unpaid
gold shares were scarce. The liquidation at the end of th»
7.58(t,:S8
6.879.886
6,181.080
Indivl.Uial dapualta
T.8S4.8&8
8,638,486
8,881,539
Ulluir (leiKialU
416.878 month has likewise been going on in Berlin this week, an4
842,401
841,4:8
Dua to baiUs and banker*
87,807
?
NotM and blllii rodlBcountod
^yj ^23
814,076
next week the Paris liquidation will begin; consequently
61,61)0
BUla parable.
" bears " have been buying back upon a large scale and qao>
tl8.9«.lt8
122,709,040
t80,«7a.075
Total
tations generally have advanced. American securities ar*
None.— The amount ((1.188.110) bracketed opposite "specie, leiral tender
notes. Ac." Is elven la reports of Htate bankn as " caMb (,n hand." "Other completely neglected, the uncertainty respecting silver warndeposits " Include ^.8<>4 97, suTliuis deposits, $V.0i>0,12.''> demand certificates of
deposits, f^.7 7. .178 time cenltlCHtes of deposit, $0U,981 certified checks and
ing investors away and even discouraging operators. Sontk
$6,036 cashier's checks out«taadiDtf.
American securities, too, have been neglected, and the imdarpluaand undlTidad proflU

1.888,468
6,864

inter-bourse securities,

J

almost universal that Continental Government
Banking combinations and exsubjoined statt-meat includes the transactions of the Stock
tremely cheap money keep up quotations upon the boluses,
Exchange Clearint;-Hou3e from Aug, 1 donii to and includ- but the best observers here are convinced that we are verying Friday, Aug. 13; al:>o the aggregates for May (from 17th to
near a default by Spain, and that there must be a sharp faH
Slst), June and July.
in Russian securities. The reports respecting the Russiwk
STOCK EXCII4S0E CLEAKIXO HOUSE TBiSSACTIOSS.
but cholera is spreading and
crops are better than they were
Xhnrrs, both sides
Balances, one side
Sheets
serious riots are reported from time to time. Further, theCleared. Total Vulue. Hharet. Value Shares. Cash. Clear'd.
Month—'
9
S
$
trade of the Far East is very depressed, the crisis in Australasia
May
4,731,600 '56.200.ono 445,000 22,500,.'>00 29»,300 2.190
16>t«4000 10.110(8200 1.59"4750 91,566,700 1433971 5,885 has not yet ended, and the condition of Lancashire is bad.
June
9,HO7,300 6!t!),313,200 1120100 74,186,100 974,700 5,88ii
July
We are threatened witn a general lockout in the cott in
Aug. 1... .1,060,600 77,.')00.0O0 119,300 7,500,000 120.500
305
all over Lancashire, Yorkshire, Cheshire and Der'.>ytrade
2.... 60 -.300 42,61)0,000
276
79,200 5,610,000 77,300
6.'),700 4,300,000 53,800
3.... 5H;,lO0 34.5 0,000
256 shire. At the end of last week the Executive Council of ;h»
26S
4.... 539,200 37,.10O.oo0
68,200 4,' 00,000 31,000
5.... 468,000 13.800.000
59,300 3,600,000 36,000.
240 Master Cotton Spinners' Federation decided to recommeii'l to
of 10 per
Tot. week.!1,216,500 207.700.000 391.700 2.5,010,000 318,600 1,345 the members of the Federation a reduction of wages
Aug 8 ... 587,«00 37,000,000
207 cent and a restriction of working time to three days a week
6«,900 3.849,000 31,600
9.... 5:<T,SO0 38.70O.000
274
67,100 4,500,000 35,'.00
the men would run. Circu•f
10.... 14;{,ooo ;<l.iOO,000
45,100 3,317,000 45,000
227 during the month the notice to
M 11.... 44l,0^>0 33,><00,0i>0
23i*
67,100 4,100.000 24.800
lars have been sent out inviting the co-operation of the mem13.... 561,300 41,600,000
72,900 4.124.000 52,900
257
bers, and if 75 per cent agree, it is said that the decision will
Tot week. 2,573,900182.300,000 321,300 19,890,000 189,300 1,264 be carried through. The work people assert that they will.
From May 17 to 24 inclusive the stocks cleared were Chi not submit to a reduction, and propose as a counter-plan tocago Milwaukee & St. Paul, Louisville & Nashville, Northern work only four days a week for the remainder of the year..
Pacific pref, and Philadelphia & Reading.
On the 25th, If that does not improve the state of the trade, they say they
Atchison, Chicago Burlington & Quincy, Pock Island and are willing to consider at Christmas whether wages mu^t notUnion Pacific were adJed to the lUt. On June 4, Chicago be rf duced. There is no doubt at all that the trade is in a very
Gas, Missouri Pacific, New York Lake Erie & Western and bad way. Out of 47 Oldham mills, for example, that madeNew York & New England were added; on June 15, Delaware up their accounts at the end of June, 33 showed losses
Lackawanna & Western, American Sugar common and amounting to nearly £17,000, and 24 showed profits of £13,400,.
Western Union were added.
the losses thus exceediug the profits by between £3,000 an«t
pression

Stock Exchanqe Clearinq-House Thansactions,— The

is

securities are far too high.

;

.

.

.

'

.

£»,000,

[From our own oorresponaent, j

London, Saturday, July

30, 1892.

Now

that the elections are over and the holiday season
begun, the money market has become utterly stagnant. It is
di63cuU to lend for short periods even at 3^ per cent, bills are

exceedingly scarce, and the discount rate is little better than
There are some fears that gold may be taken by
Paris in large amounts ; but they do not extend far ; most
people here hold that all of the metal required will be obtained in New York by Paris bankers.

% per cent.

The price of silver fell on Tuesday to 39 1-1 6d. per ounce,
barely J^ of a cent above tlio lowest quotation ever yet recorded. On Wednesday there was a recovery owing to a better demand for India council bills than had been anticipated,
but the market has again given way, and looks as if it would
give way further. The anxiety respecting the silver problem
in the United States is deepening. Your assurance that the
American people

ate showing themselves to be teachable, and
that they will again surprise London as they did before risumption, has givf n much comfort ; but people are unable to
see how the probletn can be solved without serious trouble.

The

contend

they

work people

fully

the badness
great depression

that

admit
of

the

the

fscts,

trade

is

but
due^

firstly, to
the
in India, China aed
Japan, and, secondly, to the reckless competition of th»
mill owners, mill upon mill having been conttructed of latoyears without a thought as to the consequences. They allege,
therefore, that the true remedy is a restriction of production.
Efforts are being made to bring about a compromise in the
shape of a moderate reduction of wages and a restriction ot
the time of working for three or six months; whether th»
efforts will succeed is yet uncertain.
In other trades there i»
also a movement for lowering wages.
In some cases strike*
are threatened, in others it looks prob'ible that the work peo-pie will give way.
In spi*e, however, of all these labor
troubles the home trade continues fairly good but the fo»»
eign trade is declining, and probably will continue to decline.
During the week the weather has been cold for the season
of the year, the nights especially so, and consequently th»
crops are likely to be late. The hay crop is very bad— quit*
Unless the second crop is
as short as the worst estimates.
very large, food for cattle will be scaiceaui dear in the winter
and farming prospects arc therefore not looking bright just
;

now.

The railway dividends announced ihisweek are of pretty
the same character as those that preceded somewhtkt
Even if the Unitrd States apply an adequate remedy in time, lower than twelve months ago. but fairly good all things cour
and so escape a crisis, or even a serious fall in the stock mar- sidered. The Midland, one of the greatest of our eompaoies,

—

much

how a ruinous break in silver can
h ruinous break in silver they ask
what will be the effect upon the trade with India, China,
Japan and the Straits Settlements, alieady so bad, and how
will a greater depression in these countries
affect Eaetein

announces a dividend of 514 P^r coot, against 5^^ per cent
twelve months ago. The Great Northern, also a very important company, announces 8 p,»r cent, aitainst SV^ per cent;
the Lancashire & Yorkshire, a much smaller company, is to
pay Sli per cent, against Simper cent; and the North Staffordr-

banks and Lancasliire?

sjiire

kets, people here

be avoided, and

cannot 8"e

if

there

is

4}i per cent, against ifi

i-cr

cent.

THE OHKONICLK

244
The rates for money have been as

follows:
Intereat allowei

Open Market Bate:

- IK® - 1M®S

- 1«®2
- 1M®2
- li«®2
- 1^®2

-1H9
- 1%9
- i«a
- 1«9
-'m®

l!i®2

1M®2J^

1

IT

1H®2
1X@2

1«®2W
l«a2H
1«®2«

1
1

H
H

1

H

1«@2>«

1

m®2)^

1

l}i@2

1^®2
1«®2

have been as follows:
MUttu
Inttret at

July

July 22.

July

15.

8.

0/

Bank Open Bonk Open Bank Open Bank Open
RaU. Market JtaU. Markei Bate. Markei Bate. Markei
""257"
"~2«
1«
2
3
IH
3
1«
8
1%
3
3
1^
3
3
3
3
1«
3
IH
S
IH
3
la
i%
2«
2«
i%
IM
2H
2«
2«
4
3^
i
4
t
3k
3ii
4
4
6»
4
I
6«
6«
5
4«
6
5
5
4«
4H
3«
4
4
4
4
3)4

p^rla
Berlin

m
m

EaubnrK
B^ankfort

Amiterdam....

Bmwels
Vienna
St. Petersburg.

Madrid
Oopenhaeen...

m

addition recourse has been had to the Bank, which has lost £200,000
for Russia. The total received is £138,000. Arrivals: River Plate,
*129,O00; New Zealand, £26.000; South Africa, £92,000; West Indies,
£31,000; India, £33,000; China, £59,000; total, £370,000. Shipments
to Boiuhay July 22, £10,000.
Silver— with much weaker rates from India and some pressure to
sell from New Yorlc, the market gave way to 39ii(id. on Tuesday, and
although it recovered to 39iid. when it was found the India Council
woulduot sell under Is. 3d. per rupee, the market Is by no means
etroDgand is today 39iir,d. Arrivals: New York, £13,000; West
Indies, £12.000. Shipments: Bombay,, July 22, £201,000; Japan,
£105,000; Bombay, £70,000.
Mexican Dollars—These coin maintain their premium and are quoted
at 387i«d. Arrivals: West Indies, £18,000; New York, £20,000. Shipments to the East, £96,644.

The quotations for bullion are reported as follows:
July

i

s.

Bar gold, flQe....oz.
Bar gold, contain'g

77

Juiy

28.

\

>Odwt«.«ilTer..oz.

Apan. doubloons .oz
SjUn.doubloons.oz

I

d.

t.

9'A

London standard. July

21.

28.

d.

9

Barsllver

n

9«

BarsilTer, containing 6 grs. gold. oz. 39 9-18

gm
85J2

105%
Central
138%
Lake Shore
Louisville <fe Nashville.. 7213
70%
Mexican Central 48
H. Y. Central & Hudson. II6I4
29%
Bf. Y. Lake Erie & West'n
108
do
2d cons
Horf oik & Western, pref 45 16
5939
Northern Paoitlc pref. .
56I3
Pennsylvania
Philadelphia & Reading. 3118
39=8
Onion Pacific
26%
Wabash pref
X For September account.

Ihurs.

Fri,

38i«
38i«
377,
96^8
971,6
973,8
97»i6
96i»l« 97ii«
973,8
973i,
99-62J9 99-6213 99-50 99-57

121

1

121

121

90%

90%

85
IO514

8412

105

104%

138%

I38I4

138

115%

71%
70%
115%

116

29%

2JI4

71^8

70%
4478
593e

44I4

56

31%
39%
26%

90^8

85%

85
105
138 13

13SI4

721s
7118
116>4

116

72%
7078

9078

84%
105
7-iia

71%

29%

2911

107%

103

121

9078

28%
107%

107%

108

44%
57%

4478

58%

441s
591s

58%

56

56

5578

307a
3878

31 "4
3914

30%
40%

25%

25%

2579

557e
308«
3914
253i

4,786—The Continental National Bank of Kansas City. Missouri. CapiPreiident. Elmer Williams: (iasliior,
tal, .*'200.000.
4,787— Tlie Bmkers' National Biiok of Chica,?o. Illinois. CaiJital,
.

$1,000,000.

President,

Edward

Laeey; Cashier, Charles

S.

Dirrance.

4,788— The First National Bank

of Colton, Washington. Capital,
Casiiier, E. L. Bar$50,000. President, Lorenzo D, Lively
nett.
4,789—The First Nalional Bank of Marathon, Iowa. Capital, $50,000.
President, J. P. Farmer; Cashier, 8. T. Goitry.
;

Imports and Exports for the Week.

—The

following are

New

York for the week ending (for dry goods)
the imports at
Aug. 4 and for the week ending (for general merchandise)
Aug. 5 also totals since the beginning of the first week in
;

January.
TOBBIOH IICPOBT8 AT
Jfor

Week.

Total
Since Jan. 1.

Ory Goods
mer'dise.

NEW

YOBS,
1891.

1890.

1889.

Jry Goods

Gten'l

39 3-16

1892.

*2,999,232
6,462,631

$4,202,540
8,090,349

$2,939,510
13 ,765,030

$9,461,863

$12,292,889

$9,835,680

$16,704,540

$81,348,631
217,321,331

$97,140,273
233,406,678

$72,702,994
246,869, S89

$74,906,749
271,591,682

$2,541,729
7,293,951

Cotal31 weeks. $298,669,865 $330,516,951 $319,572,883 $346,498,431

oz.l

Mexican dole

oz.' 38 7-16

i-nports of dry goods for one week later will be found
our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
veek ending August 9 and from January 1 to date :

The

Cakesitrer
..

July 21
d.

77

oz.

Canadian Pacifio
Ohio. Mil. & St. Paul

Wed.

Tues.

38%

3858
9618,8 9678
9678
9616i
Fr'oh rentes (in PariB)fr. 993713 99-50
121
121
a. 8. 4b of 1907

ien'l mer'dlse.

SILVER.

iiOiUUm standard.

Mon.

Sat.

38%

d
per oz
Oon80ls,new,2^ percts.
do for account

©ommevctaX aud Il^isctUvintaixs M^xos
National Banks. — The following national banks have
m recently
been organized:

Messrs.Pixley&Abell write as follows under date of July 28.
Gold—Nearly all arrivals have been sold for tlie Continent, and in

OOLD.

London,
Silver,

Illinois

the
The Bank rate of discount and open market rates at
three weeks
diief Continental cities now and for the previous

JuJi 29.

BnsIIsb Flnaaclal markets— Per Cable.
The dally closing quotations for securities, &c., at London
are reported by cable as follows for the week ending Aug. 18:

IHac't H'jl

Joint
Stock At TtoU
Stx
Four
Ikree
CalU Days.
Banks.
Afonfhs
afonthe
Mmtljf

Six
Four
Three
MorUht' MontMMmVu

"yM^]^®
K2 _jl s
«a - 1 »
u» - I ®
«® - 1 ®
fi» -|l ®

foriepoHtsby

Trade BiOi.

Bank BUU.

[Vol. LV.

i^H

i2ii

in

The following shows the imports of cereal produce into the
United Kingdom during the forty-seven weeks of the season

compared with previous seasons:

XPOBTg FBOX NEW TOBK FOB THE WEEK.

mposTS.
1891-92.
1890-91
1889-90.
,
_^ . ^
ImportBof wlieat.owt.e2.829,794 52,968.612 51,630.334
Barley
15,522.137 15,572,537 13,868,915
Oato
13,553,389 14,465,354 11,338,975
gea*
2,526,988
1,829,639
1,651,270
Beans
3,810,995
2,849,358
3,211,055
Indian com
27,184,660 27,602,885 38,460,450
Floor
17,973,331 14,508,898 15,230,175
Sifpphes available for consumption (exclusive of

Sep^mber

1888-89
54,029,931
17,723,502
15,057,120
2,135.416
2,840,271
28,594,256
13,058.550

stocks on

1):

1890-91.

WkBJ*.... .....owt 62,829,794 52,968,612
tmttorteof flour
17,973,3^1 14,508,898
»le« Of li»me-grown. 29, 169,363 32,675!814

*"*^"

rpotal

Ave^JprtceVheatweek-iirif:

1889-90.
51,630,334
15,230,175
43,307,000

11^1^:

The following shows the quantities of wheat,
maize afloat to the United Kingdom:

flour and

9d.

ilf^-^oa"
30».

348. lid.

TMfwttk.

Laxticeek.

Sr«£S'!iS

'S

SKPOBTB AND IMPOBTS O

1891

laon

1892.

JlUi/27

£

SoTermnaa

........'.

••OBrltle«...i]"..

OUetMoontlM
Oolaand

bullion

Prat.aanU to llabllitlea.per'ct.

f*^"^
OoMotatX

-PercU

per cent
Ola« rln«-nofc«« retnma

July

39.

1890.

July 30

1889.

July

31.

£

£

86,792,070

26.274.140

25.327,113

4.608,745

4.867,812

3.371,378

82,196.8.11

6.387,607

86,644,950

27.617.936

13.54 J.491

ll.8H,0S8

27.939,887

14,403.257

24.795,701

10.214.928

28,822,704

22,716,369

16,427.382

It.BiS.ma

17.42J,260

26.769.334

12,036,1U

12.251,688

27,248,390

20.912,859

44 9-16

21.647,628

i3ii

2M

3H

96 16.la
101,962.000

96 16-16
103,669,003

£
26.495,910

38 9-16

38K

5
96 16-16
128,845.000

8«
98X
16^123,000

SP80IB

4.T

NEW

TOBK.
Imports.

Gold,

Week.
Pranoe...-,

.,

West Indies
South America
Ill other countries..
Total 1892
Total 1891
Total 1890

'i« »f|

1891.

'

Exports.

»'»°^ '*»e position of the Bank of
ifcB-ifHu'^^
l^'"''"
Itogland,
the Bank
rate of discount, the price
of consols,
consok&o
«c.
compared with the last three years-

PablMdepoilu
Otbardapoflu

202,416,323

$«,345,406
231,282,270

ThefoUowing table shows the exports and imports of specie
New York for the week ending Aug. 6 and
since Jan. 1, 1893, and for the corresponding periods in 1891

areat Britain
3'o'l'r,ISs. sli

(Xrailatton

1892.

1

$7,351,795'

at the port of

1888-89.
54,029,931
13,058,550
33,485,445

%

^_»

$5,371,389
194,415,285

31 weeks. $200,438,677 $199,786,674 $209,768,123 $237,627,676

109,972.533 100,153,324 110,167,.5O9 101 573
926

Averag^price, season.. 338.

1891.

1890.

$6,077,025
191,361,652

and 1890:

1891-92.

__.^^

1889.

ror the week..
Prev. reported.

$1,000,000

Since Jan.

1.

$6,202,143
17,310,228
19,557,350

Week.

Since Jan. 1

$32,185
4,496,901

914,150

«QQ

""$538

8,000
1,085,943
10,500

""s'.s'o'i

3,200

29,665
510.651
166,516

$1,025,500 $50,805,863
74,706,776
l,77i'.336 18.294,014

$9,239
206,174
56,620

$6,379,644
2,713,957
5,507,134

5 .500
26',6bo

*^

'^^i

Exports.

2-29

576

Imports.

Silver,
IVeek.

areat Britain
Prance

Oermany
West Indies
Uexico
South America
kl\

other countries.
Total 1892.
Total 1891.
Total 1890.

Since Jan.

1.

Week.

$108,000 $10,874,999
13,000
523,139
57,424

""637

1,300
901,427
38,215
529,227
20,869

$179,061 $12,889,176
705,905
8,842,123
3,100 12,053,481

Since Jtm.l,

S2 1,014
335,737

2,482
21,842

91,255
285,093
109,438
427,135
52,432

$36,230
50,863
102,281

$1,322,104
1,300,333
3,499,542

$11,408

400

Of the above imports for the week in 1893 $100 were
American gold coin and $4,312 American silver coin. Of the
exports during the same time $l,035,.o00 were American gold
coin and |3,600 were American silver coin.

AC0C8T

THE CHRONICLE.

18, 1898.]

Tlio movoiueiit of broatUtulT.-i to market is indicated in the
itateuient below, prepared by ua from the ligures of the Now
ftrut give the receipts at
York Produce Exchange.
'Western lake and rirer ports, arrani;e<l so as to present the
oomparative movement for the week ending Aug. 6, 1802,
•ad since August 1, for each of the last three years:

We

StuipUat-

BbU
Chiowo

.

.

.

Com.

Whtat.

Flour.
ia«u>i

Rm.

BarUy.

Oat*.

B\u\M\bt Bluk.51Uw Bm\SiU»

fiiwk.48 16a Bu.SO

10(t.SS7

1,101,488

l,«98,8a0

1.049.338

86.691

47,830
180,138

ISi.MO

11,000

121,000

17,004

83I,SS4
1,410.802

M,696

4,757

310,01)8

6,961

01,801

8,062

l<llw*akM...

Dnlath

HUmaapolU.
600

Detroit
T,SS4

41,163

M.789

1.633,180

4,103
831.446

3.060

63,600

40,900

60,776
193,420
170,100

760

8t.LonU.....

"W

390.411

6,903,266

1,726.2'K

2.25 1, ^(62

63,009

Same wk.'Ol
Same wk.tK).
Since A \iQ. 1.

178,!»

S.762.187

2.362 132

2,283,867

l!J5.a51

2.064,880

2.406,698

2,109,827

89,778
106,411

18014)2
18!M-01
1899-00

The

390,411

6.803,266

1,726.214

8,251,868

178.228

6,762,107
2.651.890

2,Ii52.1S2

2,283,867

2.4«5,6»8

2.10t1.227

receipts of flour

•week ended Aug.

8.151

4,200

Corn,

biish.

Total week.. 350.191 3,^74,533
Cor. week •91. 331,8:47 5,199,738

649,337 1,284,205
521,246 323,171

Wheat

639,675
106,655
180,309
95.731
35,982
4.400
201,451

Week

bash.

Data
Barley

Bye
Total

"600

Wheat.

/Vom—

NewTork

1,900 15,2M8
1,83J 30,603

1889.

Week
Aug. 10.
203,778

1,287,025
3,686
34,634

503.815
779,189
l,439,2i0
10,417
27,318

1,062,271
8.555
17,559

1,933,669

2,556,235

2,759,989

2,114,290

747,411
483,459

250i

Montreal

368',329l

PtiUadel
Balllm're
H. Orl'ns.

258,076!
657,601
58.533

N.News..

8»,00<)

86,137
46,680
4,824

Blclun'nd
Tot.

week 3,107,836

B'me time
1891 .. 3.652,.546

The

Hour.

Corn.

1,396,916
280,101

Boston.
Norfolk..

600,084
423,737

393,943
338,638

Oatt.

Bbit
76,025
73,903
1,679
26,279
29,780
105,515
5,831
6,775

Bush.
79.373
22,535

325,787

285,936

166,907

Sye.

Peas.

184,058

68,583

5,880

16.00.1

76,377
47,164

visible

Aug.

In store

at

6,

—

New York
Do afloat..
Albany
Buffalo

Chicago

Milwaukee
Duluth
Toledo

Deuolt
St Louis

Do

afloat

Cincinnati

Boston
Toronto
Montreal
Philadelphia....

Peoria
iBdlanapollii

Kaooaa City....
BalUmore
Mlmit-apolU

On
On

Mississippi..

lakes

Oncanal&rlver

1892:
Wheat,
bush.
1,25'.),()03

Corn,

Oatt,

bush.

517,000

578,000
141,000
"13,660
24,000
999,000
207,000
168,000
4,371,0110 3,797,000 2,051,000
222,000
16,000
2,819,000
1.418.000
66,000
57,000
252.000
5,000
21,000
2,S66,00<'
160,000
144,000
69,000
1,000
"i,<m
5,000
286,000
136,000
117,000
82,000
10,000
423,0110
664,000
645.00J
13J,000
216,000
19.000
101,000
70,00J
297.000
5,000
11,0)0
487.000
73,000
46,000
l,161,'i00
103,000
129,000
5.327,001
71,000
19,000
251.000
6,ooa
5,000
1,662.000 1,403,000
223,000
1,002,000
83,000
333,000
32,000

6,887,000 5,051,000
?^t- July
f ",«o,?','??',??'''*'^'^
Tot.
30.'92 23.».13.00» 6.996,000 5,058,000
Tot. Aug. 8,91 17.'».>l,.)3l 3,800,447
2,103,441
9-,»''»«.»''0,l92 11.103 270
718
Jl'f"«TotAug. 10,'89. 13,370,698 6,938 125 42 259
J3 76

Rye,
bush.

25,000
6,000
4,000
1,000
109,000
7,000

B^irley,

bush.

21,000

zl63 1(8
106

Bonds, 8s

DiTDockB. B'yAB.-

lis
103
30

Qen. M.,6s,lB09...A>(tO 100

A

Ful. 1-'. -Htk. 28
Bl'OkerSl.
Istmort., 7»., IdOO-.J&J 110
Br'dway Is. 7tliAv.-8t'k.. 197
1st niurt., 6s, 1004 .JAO 101
admort., 6s. 1914...J1&J 103
'241103
B'way 1st, 6s, tea
and 6s, Int. as rent., '05. 94
1187
Brooklyn CIty-Stook

Sorlp

200
107
106
107
97

42dHt. Mniih.A Ht.N.Are.

MAS

54

98

Ist mort., t)s, 1910..
111 114
2d M,. iiicome,0s....JAJ 69, 61
Honst. W.St.* P.F'y— aik. 300
lat mart., 7s, 1894.. J AJ 100

189
B'klynornsst'n 6s., 19081109
110
Bkn.CVy*N'ii59,l«a8 J.feJjlom 102% Nluth A78....
Second Ave.—fiLtock
Clentral Crosstowu— St'k..l 130
Istmort., 6a, 1922. MAN 115 117
Isl mort, Ss, nB09.MAN
160
Clant.rk.N.Jifi:.Hiv.— Stk. 146
Sixth Ave.— Stock
130
Oonsola. 7s, 1902 ...J<&D 117
Third Ave.- Newstock...
i>ryDk.B.B.ABat'y— Blk. 118 120
1st M., 68, 1937
J*J
101
Twenty-third St .Stock..
1st sort, 7s, 1893..J<feD 100
1st mort. 7s. 189:1

iw"

136
ll«l

103
300
306
111
260

lot
20s
310
113

103'

io«"

United States Snb-Treasary.— The following table show
receipts and payments at the Sub-Treasury in this city, for
sellas the balances in the same, for each day of the week.
Balances,
Date.

Payments.

Receipts.

Ooln

Coin.

S
Aug. 6
•'
8
"
9
" 10
" 11
" 12
Total.

$

2,795,777
4,368,080

3,036,789 82,764,225
3,498,797 82,630.303
3,855,452 103,133,2i)4
2,988,652 102,929,796
3,903, 16r 102,730,534
3,903,423 101,537,883

24,'t52,<)90

2,6911,440
3,8(i2,623

3,775,338

41,515,450

Cert's.'^

»

$

Ourrency.

$

1

14,473,013
14,943,786
15,044,440
14,657,749
14,856,431
14,922,841

21,186,274!

22,930,838
23,465,299
23,039,193
23,351,174
23,321,219
24,289,571
1

•In another column of to-day's Chroniclk will be found
the statement of the Equitable Mortgage Company, which
officer in tliis city, Philadelphia, Boston, Kansas City,
London, Berlin and Amsterdam. This exhibit is to the close
of business on June 30, 1892, as certified to by Messrs. Barrow, Wade, Guthrie
Company, accountants. By this showing it will be seen that the assets of the institution amount
to $17,131,407, while the surplus and undivided profits net the
sum of $1,017,6.53. The present oflicers of the company are
Mr. Charles N. Fowler President, Chas. Benj. Wilkinson
First Vice-President, S. R. Berton Second Vice-President,
B. P. Shawhan, Secretary and Treasurer, and N. F. Thompson Assistant Secretary and Treasurer.

has

&

Anction Sales Among other securities the following, not
reg^'arly dealt in at the Board, were recently sold at auction.
By Messrs. R. V, Harnett Co.:

&

Shares.

Shares.

?23
215

20

Bank

11

Amer. Kxch. Nat. B'k..l58
B'k of the State of N. Y.116

36
20
24

ol

America

Irving Xat,

Bank

Hanover Fire

Ins. Co..

43 Globe Fire

I82I9
129

Messrs. Adrian H.

Co

85

Bontts.

A

$3,000 Peorta

KR. 2d

By

I QS.

40Merrls'aSteinib.Co..25ea. $1
Pew 46, Grace CH'h, N.Y.Clty.fJSOO
1 Memb. N. Y'. Produce Eich. $700

MuUer

& Son

Pekiu Union
1921
70

4)18,

:

Share*.

Shares.

100 TheBllonviHe Gas-L. Co.,
*50eaeh
$10
95 Alturas Senate Mining
Co.,»5 each
ld>io
5 Arapahoe Cattle & L'd f*^''
Co., Denver
J
5N. Y.Lite tns. *Tr. C0..700

10 National Park Bank
4

Bank

of N.

Y

50 Trenton P.>tierios Co.,

315
237

pM02

BoiMUr

$1,500 The KUeuvUle GasL.
Co. l8t 68, 1890.
1890, coupons on

April,

50

and JTimmctiit
LIBERTY NATIONAL BANK,

14,000

Central BatUIaz, 143 Liberty Street. Mew k ark.
CAPITAL..
S.ieo,OOtf
ACCOUNTS OF BA.\K3, BANKERS AKD MRRCnANTS 80LICITBD.
HBNRT C. TINKBU PresidentHK.VIIV ORAVBS. Vioe-Prestdsat

14,001)

33,000
109,000

"7,6jO
4,000
7,000
12,000
3,000

Sttulitiig

....
JAMES CHR13T1K, Cashier.
DlaE(;TUR8.

HBNRY C. TI.NKBR,
HBNRVORAVK3,
OBO. r. BAKRR,
J. R. MAXWHLL,

VOUNO,
W.M. RU.NKLB.
DUMO:<T CLARIS B,

H. O.

B. F. C.

JNO. H. 3TAR1N.

FAUNBSTOCK,

a. A. UOBART.
A. UARLA.Nl).

HON.
J.

THE MERCANTILE NATIONAL BANK
OK THK CITY OK saw voaK.,

22,000

232,000
196,000
901,802
438,196
807,562

Iioo loa
'ago

Uchth At.— Stock.

ElgnthAT.— Scrlp,8»,1914 105 109
42d 4 Or'nd St. F'ry-Htk. 250
Ist mort., 7«, lH9;l.AJtO loo 163"

48,000
23,000
77,000

35.0(M
2,000

140
107

1U8

City Railroad Secnrlties— Brokers' Quotations,

'26',666

3,000
3,000

111

in

|137

IBaui table

1

bush.

,

.

9S'

S55J3 Star Fire lus. Co

18,000

33,870

ISO
108

—

Bush.
20,870

supply of grain, comprising the stocks in granary
at the prmcipal o liats of accumulation at lake aad seaboard
ports,

93

P»opl«'t;Brooklm>

Bonds, 8s
MetropoUianl Brooklyn)
Municipal— Bonds, 7s.
Fulton Manloipal
Bonds, 8s

ASK

Bid.

WUllaaubarg

140
Oonsoudateil Uas
US'* 117
JorseyClty A Hoboken.. 180
Metropolitan— Bonds
110
UataaKN. Y.)
140
Bonds, 6s
100 102
140
Nassanc Brooklyn)
100
Scrip

884

731,634
291,615
873,240
19.231
16,896

Bu,h.
256,0521

linsh.

/

6,07!)

The exports from the several seaboard ports for the week
•ending Aug. 6, 1892, are shown in the annexed statement:
Exports

QA8 OOMPAIf IKS.

BM. Ask.
183

700
1,900

Week
Aug. 9.
221,018

Aug. 9
275,226

283,326

Corn

Hue
btisft.

6,973

river ports for four years:
1892.
1891.
1890.

bbls.

8>.0i)0

shipments of flour aud grain from

^yeek
Alia. 6.

_
Flonr

78,763
674,917

Barley,
biun.

Oats,

bitsh.

156,530
207,676
37.000
79,739
127,967
2i,900
10,453

rail

85,000

63,009
89,778
105.411

123,S83 1,456.500
Boatoii
60.180 241,017
Moiiti.dl
37,712 323,8tf2
Pliila.Ulphla.. 4;),S77
522,686
BulJiui.ire
ti3.Hft3
941,492
Kietiiiioud
3.S50
23,176
New Orleans.. 10,930 '05,800

Below are the
Western lake and

78,752
671,917

follow:

Wheat,
hush,

bbt9,

I

and grain at the seaboard ports for the

6, 181)3,

FItmr,

AtNow York...

BAB OOMPANIKS.
BrooklTnaas-LlKht

AtUntlO AT.,B'klv'n.8t'k.|113
7,000

Clereluiil....

Peorta.

M. V. and Brooklyn Uaa Necaritle»— Brokers' Quotation*.

64,818
8,480

1,016.600

Toledo

Tot.wk.

Mi>.

24?)

877,0' 10

375,000
65,708
362,559
441,031

No. IBl Broadway.
Capita^
•
$1,000,000 iiarpIae&Praflte, $1,030,00
WUiUAUF.BT.JOU.N, Presldeot. VRBDHRIGK B. 80HBNCK. OaaklW.
I

JAU KS

LOTT,

Assistant Cashier.

SOLICITED.

Spencer Trask

&

A

V.

.»rCOi;SIT8

—

The first niorteage six per cent gold bonds of the Albany
*lorida
Iso.-thern
RR. are offered for sale bv R. B.
aperrx^ Baltimore, who cunirols the entire issiw and aff.rs
.itwin at 76 ypj iutereet.
The bc44s are issue4 ai $12 at J «
"'"'<*
^y the 'SavannaJuAaitrieu*
^•^Li'*S.~?"^.J?"'""
Jnont^oftieryi, Pariioiilars are given in the
al\»rli8em-nt.
.

>

I

O Wall

SI.,

New

Vork.

Albany.
Mambsrsaf New

-^^

&

Co.,

BANK Bits.
Yo^

16 Conzresa

ai., Boston.
"'PfoTideBce.

and BuitL>a SUui

ltxtitaiii«as.

INVESTMENT secumaes

THE CHRONICLE.

246

yhe

^Bankers'

[Vol. LV.

The following were the rates of domestic exchange on New
York at the nndsrmemlioned cities to-day: Savannah, buying,
par; selling ^^(ajj premium; Charlaston, buving p»r, selling % pranium; New Orlaans, bank, $1 tO per $1,000
St. Louis, 50c. per
pretDnm, aommercial, 759. premium

^a^jettje.

DIVIDENDS.

;

BooJu Oloted.

fmm* cf Otfmpany.

United States Bonds.— Quotations are as follows

KallruadB.

Aur. 15 to AiKf. 3
Au^. 24 to Aur 31

& Maine

pref
Chic. Burl. & Quii cj (quar.)
Chicago A Wc»t MIchlKiin
Cleve. * Ptttab (tiiar (quar.)...
•Mexican Norlberii (qunr.l

Botton

Korth IViini>jlT»Dl»

niare

Adame

2a,

1

4b,

1907

Ss,
6a.
6a,
6a.
6a.

our'ey,'9»
oar'o7,'96
our'eT,'9T
cnr'«j,'98
c«r'e7,'99

(quar.)

48,1907...,
A»fr.

(qusr.)

Americait real
Th'TbP ^. Vbvl^ifl Co.
•

to

Aug. 10 to Sept. 2
Ang. 11 to Aug. 10

lant-oui

ENpre»«

$1,000 discount; Chicago, 10c. per $1,000 diicount.

(Day intluiive.)

11 to

8e»)t.

toBept. 11
Aug. 11 to Aug. 16

—

1

Sapt.

i*ref

The MciliBii Outrai dirldMid

In thla

eolamn of our

lait

Uaue was

an error: ii ihould have hee* Mouoan Northern.
|WAL,L 8TKBET. FRIDAY, AUGUST IS, 189»-3 P. M.
The Money Market and Financial Situation.—There has
been some activity in silver bullion certificates this week and
the price declined to 82}^, closing at 82;^; this comes after
many months' operation under the law of July 14, 1890, compelling the purchase by the Government of 4J^ million ounces
of silver bullion per month and ihe issue of legal tender notes
therefor. In this coimection it is worth remarking that the
last sale of Mexican doUars by the Mexican Central Railway
•was about two days ago at 67c.
The low price ot iron in this country is now an inducement
to make use of this metal in every form where it can profitably
be worked in, whether in building or other industrial enterprises, and it is probable that the price of iron wUl rule lower
in the future than the average of the past few years.
The Government crop report for August has been interpreted as indicating a good condition except on cotton, and
in the South any decrease in the yield of cotton after the
past two years' expi-rience has come to be regarded rather as
a blessing than otherwise so far as prices are concerned. The
rains of the past few days have also helped corn materially.
The tabulated retxirt of railroad gross earnings for July is
published in the Chronicle to-day, and shows (on 142 roads
with an increase of l.«14 miles in 1892) a total of $45,437,948
earnings against $44,370,793 in July 1891 an increase this

—

year of $1,067,158.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 1 to 3 per cent,
the average beintr IJ^ per cent. To-day rates on call were
1 to 2 per cent. Commercial paper is quoted at 3 J^@4 p. c.
The Bank of England weekly itatement on Thursday showed
an increase in bullion of £49.000, and the percentage of re
vxte to liabilities was 45-52, against 44-TO last week; the discount rate rt-raaina unchanged at % per cent. The Bank of
Franca abowa an increase •( S6,407,i00 francs in gold and
200,000 francs in ailver.

The New York Clearine-House banks in their statement of
August 6 showed a decreaae in the reserve held of $5,593,300
ftnd a aurpliis over the required reserve ©f $18,798,425, against

$•4,331,275 the previous week.

1891

Oiftrtri'i/irtm

Avg.

0.

fm,

wetk.

Auf/urt

AupiMt

Aug.

Aug.

Aug.

Aug.

Aug.

Periodt

6.

8

9.

10.

11

100 100 1*100 •100
rer- Q.-Mck, 'too 1*100
•118
116 *116 •115%
116
ren- Q.->IaD •llg
'116 i*116i4'*115!l»
11«
soup. Q.-Jan 'IIR '116
'•107
107 1-107 '*10r
107
107
J.
A
ten- J.
reg. J. & J. '109>«*109>a *109>« 103>8*10K»a*109>«
•112^*112•^
112'« '112 ,|*112i«
•112%
3.
reg. J. &

'li5T4*115J«'115'« 115'*"115'ai*115i«
118 i"118 l^llS
J U8 •lis i'H8
board: ao >» •*». u i
morninit
theprloe bid accna
reg J.

reg. J.

4

J.

*

GoTernment Purchases of Silver.—The following shows
amount of silver purchased by the Government in

the

August

to date.

Ouneet
offtred.

Previously reported,.
Auguat 8

*

The

month

_

,

.

'^'~">' «"»*<*•

l,'.'97,000!»0-8544

918,«00
f46,000
5J5,00«

581,000 «0-844S
500,1)00 $0 84'J3

a>

3.^0,l^00 $0-.<)i93

a i0-«Z98

.

4,807,000

local purchaaea ot each

a *0 8135
a $

75.000 $
to date

4 $0-3574
$

2.518,000

10
12
•Local porohagea
•

•Total In

Ouneet
purehascd.

2.803,000 $l>-8293 t $0-8574

week are not reported

tlU Atouday

1

the f oUowlnii week.

—

Coins. The following are the current quotations in gold for
various coins:
82'ai* - 84
8<iverelgii«
$4 87 9$4 91 Pine silver bars..
Ptvefi.. 108....... — 90 <t - 95
3 88 9 3 92
Napoleona
X X Relchmarks. 4 7ij « 4 80 Mexican doUara.. — 65 It -67
a
Do uuoommero'l
4 75 « 4 85
25 Pesetae
Span. Doubloons. 15 50 «15 70 Peruvitm aols..... — 60 » — 62
80
«
4 90
Uex. Doubloons. 15 50 815 70 English silver.... 4
Fine gold bars... par -a^ preni. 0.8. trade doUars — 70

State and Railroad Bonds.— The sales of State bonds at th©
Board have included $16,000 Tenn. settlt. 3s at 783^^^791^;
$9,000 settlt. 6s at lOlJ,^
sols

at 963^; $3,000 N.

"A"

at 103.

(5

C. 6s Brown con43 at 98^100)^; $3,000 Ala. Class-

lOlJ^; $10,000 S.
C.

Railroad bonds have been active at times in particular isPrices of
sues, but the general dealings have not been large.
some bonds have yielded a trifle, while the list as a rule is.
firmly held. The Louisville St. Louis & Texas 1st 6s hav&
been conspicuous, rising to 96}^ on the prospect of a closeNasQville and this comtrafiic alliance between Louisville
pany. Atchison incomes are freely dealt in on the basis now
of soon becoming 4 per cent mortgage bonds. The Cbes,
Ohio bonds of all issues are dealt in steaddy at goo 1 prices.
Northern Pacific consol. 5s were relatively stronger than the
stocks, and sold at 77J^ on Ihursday, closing ro-day at 77.
Reading pref. incomes were sold down a fraction ou the reports that Chancellor McGill's decision in New Jersey would
be unfav<rable to the cousolidadon. The General Electric Ss
continue in favor, closing at 104.
Laclede Gas bonds advanced with the stock on free buying, reported to be for bankers interested in St. Louis securities.
Oref^on Improvement
consol. 5s are stronger at 683^. To-day the Chic. & E. III. 58
weie active up to 100^4^; Rock Island 5s at lOl}^ aud debenture 5s at 97; Chicago & Erie Isi 53 at 103 and incomes up to
Hocking;
53; Louiv. N. A. & Chic, generals at 75 and Col.
Valley 58 at 97}^.

&

&

&

1890.
8.

•Ttilsla

Interett

9.

Railroad aud Miscellaneous Stocks.—The stock market
been somewhat irregular this week on a moderate
business, The crop reports have been of a mixed ciiaracter,
and while a very fair yield of wheat is believed to be well
as.-iured the reports about corn are conflicting
in Kansas the
late rains have done much good, but whether they were in
time to save a large part of the crop remains uncertain, Ihe
Birplna retrrvr
18,788,435 Uec.5.43t,6tol lg,420,8>ol
1.286.00D granger roads Northwest and St. Paul— are making remarkably good exhibits for the past fiscal year, and if their stockForeigrn Exchan.'e,— The market for sterling bills was
dull
holders could feel confident of having an equally good year
early in ihe week, but recently with a moderate
supply of
during the next twelve months the stocks would he stronger
commercial bilh. a litile more active at firmer rates, and
with than they are. There were reports on Thursday that Chana good deu and lor cable tiansfers. Gold exports
to-morrow cellor McGUl, in New Jer»ey, would make a decisi< n against
irill be tl.U 0,010.
the Reading combination, but ihey are iiot c<,nhrnied and may
Actoal latet for exchange are: Bankers sixtv-days
have been put out for speculative tifect the stock declined about
sterling
1 ijer cent, soon recovering most of ihi-i loss.
Amei ican Cot4 87e« 4 OTVt otmaiid, 4 88(g4 88^ cables, 4 883^54 881^.
ton Oil, National Cordage. Laclede Gas, General Electric, SuPottted rau-g 01 ifading bankers are
aa follows:
gar and Lead ha^e all tjeen mere or les- in favnr amoug ihe

(
$
90,778.700 «0 .812,700
P4,147.800 59,,HS7,100
liOana and diar't* *8K,77T.100 Iao.S,843,800 891,120.bOO4O6,.ISi^.-yOO
C.roDlatloa
o.:<t-t<,-.oo:Dac.
40.000
4,au9,ueo,
S .eii.aoo
Het dapoalu
Sih.46'.i.jOOlDeo. 841,800 404,211,000 407..U(i5,200
Bpacle
«0.(>;t.->,800 Pea. 1,075,800
es.tj8a,800, 73 .49i>.0>jO
Lata! tandarc...
60.;78,lo< D6».4.51';,500 53,&»0,800 2» .766.300
Rfaerre hald... 1»0,<<14.0<>0 Dea.S,»»S,S00 119,473,600 103
:,ia2,S00
^g«l raaerTe
ld2.Jl»,»?6 Uea. li>l>,4»0 101,0»i,78O,lol ,SI78,300

Capital

«n.4a2.700

Borplna

*7.Sli»..»00

lias

;

—

;

;

;

st. cks, ai.d all fir tubs -h mi a 11^ the tame
reasons meniioned las-t week. Wesicrn Union holds very
strong on a gc od buying, and the old xayiori of an increase in
tti:ck and a divideid to ^loclholcers is cixculalid.
This was
Mr. Gt.uld's favorite euro before, but it was buppoted he
«ould tiy to fhake out ihe Baluaoie
Ohio holding of
$5,000,000 bel ort maling another dittiibutim. Silver bullioa
certificatts have beta more active aiid close at 83^,

so-called ii.dusrial

BUUy
Prmiebauarra'^usrliuK Mllaon London

f^m^x"" »••''«)''
Moumeatar}

Jartaoanlar.

cuuiuerciai

^^

J>ay$.

Danand,

4 87>a®4 88 4 89
S6H<»1 b6>i
^ 8.'>^»4

«4 89ij

86

(iiiu.,«
6 17Sii>& 16VS IftHis'lS
^"•auatiaai ((ui,ucr», oaakars
«»•• 40-,,| 40i,,<»40:>»
yrankloti . f hi»-n.rr..r...c»iiiarSaibSiVar

aft^ta

95!i«

9a»w»»o:w

&

A00D8T

THE CHRONICLE

18, 1803.J

NEW YORK STOCK EXCHANGE—^CriTB STOCKS

for week ending

247

AUGUST

19, and rinee JAN.

HIOHKBT AHD LOWEST PBICm,
HoDday,

Bktarday,
Aug. 6.

Aug.

«.

Tuoadar,
Aug. 9.

Wodnetday,
Aug. 10.

Tburaday,
Aug. 11.

SaiM
Week,

Aug. 13

RK.

Mtorka.

HIcbMt.

Lowest.

6bare«.

Acllve

MO.

of iha

STOCKS.

Friilay,

1, I

Bangs of lalealo 18M.

21 4«%JaiL 4
Apr. 21
&^sJaii. t
Mar.
9 101 k Mar. It
96k
97
»7»»
100 86k Mar. 22 94 k Jan. If
•88 »« 90
89
1.130 56 July 6 64 k Mar. 5
59
'anada Houth»m
&9>4
ae>i &»><
3,670 111k Jan. 19 145 Feb. 29
135 Central of New Jersey
•137 138
138
29»8
180 29% Ang. 12 35 Jan. 4
•29\
•30
Central Paolflo
31
24>«
24k Oheaapeake ii O., vot. tr. oert. 7,969 22 May 20 28 Jan. 14
2«^ 25
366
63 k
Ist pret
69 Jan. 9 64 k Jan. 16
*63>« 63>t
Do
do
62H
1,800 38k Jan. 9 44% Jan. 21
44<4 44>4
44>« 44>8
44k
do
2d pret
44k
Do
*i4>« 44>«
July 38
148
Feb. 4 154
148 OhIoaKO A Alton
81 139
ISt 153
147 151
101''8 102k 101k 101% 101k 1«2
ChloaKo Hurllnifton A Quinoy. 54,591 96% June 10 1 10% Jan. 7»
102^ iuvi°a 100»9 loa^ 100^8 102
•80
•60
•60
•60
200
Aug.
70
Jan. »
R
62
62
61k
60
61
-80
60
60
Chicago A Eastern Illinois...,
62
•98 k 99
165 98 Jan. 20 104 Feb. II
99»8 9938 *98k 99
pref
98>« 98>4
Do
•98>t 9g>«
82''8
81^8
82»p
8239 sy's
83% &2k 83k
82>« e3>4
Chloaxo Milwaukee A Bt. Paul. 74,530 75% Apr. 2 84% Aug. 1
83^8 R3\
127»4 127 >« •126k 127k 126% 127k 120k 126k
1,088 I20k Jan. 19 128''»Mar. 5
pref.
Do
H7'*8 127»9 12e>« 127
4.675 114% July 6 121''8 Mar. 5
117k 117% 117 117k Chicago A Northwestern
118 11S>4 117'4ll7N 117»«117''e 113 118
142% 142%
350 141k. Ian. 12 147k May 27
143 143
pret.
1)0
144 144
SO's
79% 80% ChloaKoKoolt Island A Paolflo, 48,140 75k June 8 9 Ik Jan. 7
7»'« »0\
aofg 8i»(.
79k 80k 80% 81k 80
5358 54%
63 k 54 k 53 k 53^8 5258 53k Chicago St. Paul Minn. A Om. 29,760 44 Jan. 19 5459 Aug. 5
!>a»» S4>f
4,010 lO-4k Jan. 20 123k June 8
pref
122k 122k '121k 122k 121 122
Do
120 120>« 120>4 12214 122 122
1,951 64 June 8 76 Jan. 7
66>4 66^
67>« 67ifl
66k 66k 66% 66% 66k 66k 66k 66kCleve.Clnoln.Ohlo.48t.L...
20 1)5 Jan. .5 99 Mar. 7
99
93
98k 98k
pret.
Do
4,375 29k Jan. 19 40 May IS
35>« 3S\
34\ 35^8 35k 3538 35 k 353b 3138 35k 34 k 34''8 Columbus Hocking Val. A Tol,
77
77
771,
338 66 Jan. 6 80% June S
76k 76k
pret,
Do
77\ 77k 77k .77
771 771s •77
1.30t> 122T9JaD.
8 149k Apr. 7
139 139
139>a 138k 138 k 138kl38''9 137k 137% 137k 137k Delaware A HurtBOn
1S8 158>4 l.'iG««157>« 156'8l57»8 156% 157k 156k 150% 15U58 I57k DolawarR Lackawanna AWest 12,330 I38k J*n. 19 167k Feb. 29
•16
•lUk
Juno
2 19k Jan. 9
•16
•16k
17k
17k
17'« •16
Denver
A
Rio
Urande
16%
17k
'16k
17k
17>s
Mar. 9
1,300 45 Jan. 8 54
48<« 49
pret,
Do
49<« 4»>s
48k 48k '48% 49k *48k 49k 48 k 48 k
100
9% Jan. 7
5
23
5>«
k
4
Oa
June
5
*4k
4k
k
Tennessee
Va.
A
4
&>»
•4k
East
•l>a
*4k 5k
•4>a
•33
•33
•33
36
33
•33
36
'33
30
36
Ist pref.
30
Do
36
30k June 21 51% Jan.
100
*10>« 11>«
•lOk Ilk •10k Ilk
10k Ilk
Do
2d pref.
lOHi 10>9 •10k 11
7% June 22 20 Feb. 29
lay 142 ETansvllleATerreHaate....
ISg^s 142
142
xll9kJan.l5 145 July 29
144
144
•144
•145
145%
150
250
Jan. 2'J 144 Aug. 11
156
148
145
150
Northern,
pref
119
Great
•1437e 145
• 103
99'8 100
1,082 9978 Aug 12 110 Jan. 5
103 103k 103% 103% 103 103k xlOO 100
103
lUlnols Central
•12
•12
13
19 15k Jan. 4
•12
800
9'»8July
•12>4 IS
13
*12k
13
12%
12k 13k
Iowa Central
•42
•42
44
•42
•42
•42
45
•42
45
39 May 2,< 56% Feb. 18
45
45
pret.
Do
45
27% Apr. 18
25%
19
1,200
25k
25k
Jan.
»25>4 2ft\
25%
25°s
25k 25k
Lake Erie A Western
25k 25 k *25k
20k
1,465 69 k Jan. 5 80 Apr. 18
•77
77k 76 k 76%
76'8 77k
77
pret.
77'4
77k 7738 7738 •77
Do
Mar. 5
134%
134%
19
135%
3,132
140k
135
134k
Jan.
135%
LakeBtaore
A
Mloh.
Bontbem.
20
135>8l35\ 135>e
134k
135k 135k
109 111
1,005 95 Jan. lb 112 June 17
liO
110 11038 109k 109k 109k 111
10!»
109 110
I^ng Island
70%
6958
Jan.
2
ey's
21
7018 70k
7078
71
14,125
x69%July
84k
70<« 71
70%
70k
70k
Loufevllle A NashvtUe
2538 25%
25k 25k 25k l^onlav. New Alb. A Chicago.. 1,700 23''8 Apr. 4 31 Jan. 7
2558 25=8
25>« 2538
25k 25% •.^5
•19
•19
•19
20%
24
Mar.
18
20%
•19
20%
*19k
20%
100
Jan.
6
20%
20%
20^
Loulaville St. Louis & Texas
14k
134>4 135
5,528 104 Jan. 2 135% Aug. 6
i:Uk 131% 134 134k 134k 134''8 133k 133k 133% 13458 Manhattan Elevated, consol..
107 108 k 108 108 Michigan Central
358 104 Jan. 20 117 Mar. 6
lOS lOS
107 108
103 108
lOSH 109
21
20>«
20
21
17k 19k Minneapolis A Bt. Louis
6,565
20
20k 2 Ik 21
8 Fob. 25 21k Aug. 10
21k 20
48
44
45
42>4 43
46
41% 47k 48
46%
7,350 18 Mar. 5 48k Aug. 10
pret.
48k 47
Do
15% •15
15% •15
100 14 June 6 20% Jan. IS
15\ 15\ •15
15k •15
15k •15
15k Missouri Kansas A Texas
28
•27\ 28k 27% 27% 27k 27k 27k 27k
28
600 24 June 6 33 k Jan. 18
pref.
Do
58Te 59k Missouri Paolflo
59 k
60 14 58% 59''e 59% 59k 59k 59k 59
8,911 54k June 7 65% Jan. 4
60
•38
•38
*37
'38
•38
40
•38
40
40
40
40
40 Mobile AOhio
34k Jan. 27 42 k Jan. S
'89
91% -89
93% •89
93% •89
91% Nashv.CUattanoopaASt.Loole
Mar. 2M 91 June 21
93% •89
93% •89
85
Il3kll3k
ll3k 113k New York Central A Hudson,
114 114
990 109% July 11" 1 19k Mar. S
113k 113k 113k 113k 113»s 1133b
22 k Jan. 5
18
18
18
200 15 k July
•17k 18
•17k 18k i*l7k 18k 17k 18 Sew York Chlo. A Bt. Louis.,
•78
80 k •72
80>« •72
SOk
80k •72
80k •72
Istpref
72 May 19 SlkJan. 4
80k •72
Do
38''8 39
39
39
•38
3919 •38
39 k •38
39
600 33k July 6 45 Jan. 4
39k 39
2d pref.
Do
39k 29S 28^ 29k 28a8 28'e 28% 29k 28 k 28 '8 27^8 28% New Tork Lake Erie A West'n 38.872 25k June 8 34% Jan. 3
•68
69
69
eSk 68>« •68
67k 67k
300 62% July 6 77 k Mar. 5
68k 68k
pref.
Do
36!>8 37
87>« 37'B
36k 36''8 36% 37k 36% 36% 3638 37 New York A New England
6,400 34 June 13 59 Mar. 3
Jan. 15 '252 June 2
New York New Hav. A Hart.
'i24
19% 20
19% 19'8 19% lO'e 20
20
20
20 k
•19k 19''8 New York Ontario A Western
3,395 18 June 6 23 k Feb.
15>8 •14% 153e
15
15k 15k 1538 15k 1558 15
15k NewYork Busquehan. AWest. 3,290 10k Jan. 4 IS's May 24
•65
•65 >« 67
67 k •65
67k 67k 67k 67 k 67 k *66k 68
300 41 k Jan. 2 67k Aug. 3
Do
pret.
Ilk 12
•Ilk 12
•Ilk 12 NortoU A Western
*llVi 12
Ilk Ilk •Ilk 12
150 10% July 5 18 Jan. 4
•43
•43 >• 45
44 k 44%
44
4358 4338
43
43% •43k 44
453 43 July in 56 Jan. 4
Do
pret.
21k 21
21% 21% 21% 21"8 21k 21k •2138 21% 21
21 NorthemPaolflo
3,605 18k May 14 26k Jan. 3
88
57k 58
67k 57 =8 57% 67% &6k 57 k 55 k 56k
3
Do
pret. 37,168 51% Ma. 24 72k Jan.
•21
2138 21% •21
' 17 24
22
Jan. 5
21k 21k 20% 20% Ohio A Mississippi
720 20k
•21k 22
•29
•30
•29
•30
'30
34
33
33
33
34
30
30 Ohio Southern
200 19 Jan. 12 37 k Mar. 23
•79
•78
•79
•79
•79
83
•78
82
82
83
82
82 Oregon R'y A Navigation Co.
70 July 13 91% Jan. 28
23 k 23 k •23
•23k 25
25 Oregon 8h. Llns&Utah North
•23k 25
20 22 July 1 33k Jan. 4
18'^ IBk
18
18
18k 1838 18»8 19
•18k 19k •18
19 Peoria Deca'ur A EvansvlUe.
3,020 16k July 6 2-2~e Jan. 4
60 >« 60% 60k 6038 60
60% 61k 59 k 60 k 6!)% 60 Phlla. A Read., vot. trust, oert. 182,400 38 Jan. 19 65 Feb. 11
603b
•22
•22
•21
-21
23
•21
25
•J2
24
24
23
23 pituburg Cinn. Chic. A Bt. L.
30% Jan. 5
23 May
•61% 63 >s •61k 13 k •61% 63k •61% 63k 61% 62% •61% 63k
"300 58% July 7 67% Jan. 5
Do
pref.
'37k 40
•37k 40
Pitts. A West., pref. tr. certs.
38 July 6 45% Apr. 29
9
9
9
8% 8%
9k
9%
9k
9k
S'b
8%
8 % Richmond A West Point Ter"!
i",570
6k June 27 17k Feb. 13
•40 k 43
42
41
42H 42k 42
41
*40k 43% •10 k 43
Do
425 38 June 21 79 Feb. 16
pref
Rio Orande Western
36 Juno 29 41 Jan. 5
•70k 72k
72k •?0k 72k *70k 72k -70 k 72 k
Do
68 Feb. 20 74 Mar. 11
pref.
•111 112
112k 112k 111 112 •111 112
111 112
Ill 112 Rome Watertown A Ogdensb
5 110 Jan. 19 ll3k JuneSO
•7% 8k
•8
8k 8k •7% 8% •8
8k
8k
Louis
Southwestern
600
8k
8k St.
6% July 14 Ilk Jan. 3
17
17
i6'« le-'g
16% 16''e •16k 17
16% 16% 16 k lO's
22% Jan. 3
Do
1,000 14 July
pret.
•42
44 k '42
42
44k •42
44k *42
43k -41
43 Bt. Paul A Duluth
44k
39 k July 6 46-'8Jan. 7
•104 106
103 106 '103 106 -103 108 •103 106
103 106
103 Jan. 19 107k tlay 26
Do
pret,
•114k 115k 115 116
114 115 •114 115
115 115
115 115 St. Paul Minn. A Manitoba..,
525 112 Feb. 2 1 16k Jan. 4
87k 3738 37
37 k
37
37 k 37% 37k 37
37% 36% 36% Southern Paolflo Co
1,760 36k July 5 41k Jan. 6
9»8
9
9»s
8% 9k •dk 9k
9k
9
9
14% Jan. 4
8% 8% Texas A PaciHo
1,013
7 July
,
27''8 Feb.
25k 25k 25 k 25 k 25k 25k 2558 2538 25
-25
25
26 .ToledoAnn Arbor AN. Mich.
500 23 Apr.
S
•47 k 49
*47k 49
"47
47
48
•47k 49
Jan.
28
48 Toledo A Ohio Central..
46
62k Feb. 18
•83
85
•83
85
85
•83
85
•83
83
85
85
85
Do
50 83 Jan. 12 88 Feb. 11
pref.
383^
88% 38''8 38
38
38% 38% SOk 38k 39
S8k 38k Union Paolflo
4
14,830l 36% July 12 50k Jan.
*18
18kl •17
ISk 16% lb% 17% 18k 18
17 k 18 Union Paolflo Denver A Gulf.
18
5101 15''8July 111 25
Jan.
Ilk Ilk lO^'s Ilk Ilk 11% -10% Ilk •10k Ilk Ilk Ilk Wabash
1,660, 10 June 81 15% Jan.
26
26
24'8 25k
24k 25k 25k 25% 25k 25k 24% 25 k
Do
5,030 22% June 8! 33k Jan"
pret.
31
31
30
3038
29''s 3038
30% 30% 30k 30k 30k 305h WTieellng A Lake Erie
1,900 2978 Aug. 8' 40k Jan.
72
7238 •72
73
72% 72% •72
73
72 k 72 k
727a 7278
Do
469 72% July 5 80k Jan.
pret.
173b 18
*17k 18
'17
17
18
*17k 18
17
17 Wisconsin Central Co
17k
606 15% May 20 21k Jan.
80<%

•m

40

889fi

5
P7'8

•4

89>s
6

SSk 39^
•4

5

Sak 89k 87''8
•4
5
4k
97% ftTJ* 97
•88k 89k •e8
89
58% 59k •58%
136 k 135k 136k 134%
•29
30k 2it%
24% 2438 24»8 23'r8
63
62%
63k •63
•43%
44k 43''8 44

39k 39k
•4

97 * 97 1« 97^8 97»B
•88
89
89
•88k
S»
69
S»>«
137>«137>« i35k
137
30'« •29
31
2438 24^8
2S
24k
63
62<<
63
62%

5
97^8

38^1 AtohlRon Top.

A

Rauta Fe

97,677
100
8,956

^tlantlo A PaolUo
nnttiinnrcSc OUlO
H!ik (Janadlan Paolflo

4k
97%

82% May
4

H

.

—

17%

. .

H

H\

M

70k

U

,

I

I

46k 46k
83k 82%

46k 46k1 45k 46k
82%
81k 82k 82

106% 106% 105k 107%
•101
101k 101 101k
81k 81^8 81
8138
35 k 35 k
34
31%
117k ll"k*116kli7k
47k 47k; 47k 47»i,
111% 116k
114k 115
124 121% 124'4 125

loesg 10758

101k lOlk
81k 81%
33
34k
118k 116k
47% 47%
114% 115%
125 126k
114 114%

46k 47
82% 83%
107k 108k
102

102

Tllacellaneous Stocks.

46k 47k( 46k 47% American Cotton Oil Co
83
83 k 82''8 83
Do
pret.
107%108k| 100k 107% Am. Sugar Ret. Co
101%101%*101%101%
Do
pref.
•81 k 81%
81 k 81^8 Chicago Gas Co., tnist reo'te.
33
33
337e
33k Colorado Coal A Iron.
117 117 Consolidated Uas Co
116% 117
47% 48k 47% 47% Distilling A Cattle Feed'gCo.

H

32k Jan. 19; 47k Aug.
63k Jan. 19' 83% Aug. lo
78k Jan. 19 108k Aug. 10
90 Jan. 19 102 Ang. lO
71% Jan. 2 82% June 15
28k May 24 39k Jan. 11

20,317i
3.8941
48,170,
1,0321

81k 81%
11.1721
32k 33%
5,640
117 117k
1,555 102 Jan. 15 117k Au«. «
47% 48k
4,850i 44k Mar. 9 67k Jan. 7
116k 116k 115%11658' 114% 115% General Electric Co
26.746jl04k July 7 116% Aug. 11
Aug. 12
125k li6% 125 126 4 125'« 127 National Cordage Co
9,966! 91k Mar. 7 127
113 113k 113 113'h
8.840 100 JfU. 4 117k Aug. 12
114k 115% 115 li6% ll.-."3ll7k
i)o
pret.
40k 40% 3^39 40
39 k 40
3i>-% 40
SO'a 40k
39%
National Lead Co
2,751 30% Mar. 24 41k Aug. 3
40k'
95
85
Ol's 94''8
95
95
95
Var. 24 96% Aug. 3
95k 95k 95k' 9.5
2,374 81
95k
Do
pref.
14k 14k 13'B 14k 14
14k 13'8 14k 13% 13^8 13k 13% North American Co
3,870 Ilk May 18 18^8 Jan. 4
21
*23k 26
21
'24
•24
•23k 26
27 OreKon Improvement Co ..
26
26
6 19 June 14 29% Jan. 4
*23k
•34 k 35
*31k 35
3358 84% •34k 35
•34
35
500 33 Juir 16 40% Jan. 4
33k 34 Paolflo Mall
63
62''9 53k
54
63
la
66k 55
67 k 56% 58 PItie I.iuc CertlttcatosS
9; e4kJan.
_
56k 56
396,000 51k July
.
196 196k 196% 197
•196 197
196 197 Pallmau Palace Car Co
240 184 Jan. 4 200k May ll
197k
197k
84
84% 84 k 84 k 84k 84k •84
84% 82''8 83% 82k «3k 81'ver Bullion Ceniflcates
'470,0001 82k Aug 12] 95k Jan.
4
*34k 34k •33% 3ik •33k 34k 34k 35k *33k 35ki •33k 35 Tonnessee Coal A Iron
500! 31k July 111 .50k .Mar. lo
•100 105
IfM)
105
100 105 '100 105 •100 105 *100 105
93 Feb. 23[108 Apr. 8l
Do
ret.
97k 97% 90»(< »7% liiiiSi 97k 97k 98k 97''8 983h 97% 98% We«t"m Union Teleerapl
29,1651 83 Jan. 19l 98% Aug. 1
• The."* are Iho prices bid and
asked; no sale made. ^Prices from both Ezobange:!. x Kx dividend.
I

.

,

I

,

,

THE CHRONICLE.

248

NEW YORK STOCK EXCHANeE PRICES
Bid.

Indltatei «nli«ted.

11

Sange (laUf) in 1891.

Aug. 12.

iHAOTm 8T0CM"

leo

90
82
...100
...100 141
101>«
102
...100
prei.
Line
Air
Y.
Boston&K.
34
31
...100
, „„
BrtoklTn ElevatedT
43
100 42
BnOklo Bocbe8t«r A Fitts
86>s 88
-•—
Preferred
LIT
^imts A Cbarlotte Airpref
BBUevUle & 8oath. lU.

"i"
BOM. Cedar Rapids & Nor

Cedar rails A Minnesota

& Pittsburg....
Columbia & Greenville pf
& Fort Dodge
Moines
Dee
Cleveland

Preferred

Dvaath

8.

Shore

4 Atlan.T^

^ferredfl

lUnt A Per* Marquette
Preferred

Fel).

36

Jan.

I

t

Jan.

.

latest price this

St.
St.

Do

25

14%

Aug.
Aug.

87
7

I

I

!

I4318 Jan.
107% Apr.

3

50

May

lJ3ia July
26 Jin.
15 May
50>8May 57 July
June 15% Jan.
8
1521a Feb. 155 Apr.
164 Jan. 179 Aug.
6i« June
11 Apu.
40is June 59% Apr.

88
99

98

84

9I9

BECUKITIES.
1906
1906
Class B, 58
1906
Class C, 4s
1920
Currency funding 48
Alkansas—68,tund.Hol. 1 899-1900
do. Non-Holford
7b, Arkansas Central BR
LOTUSlana—7s, cons
1914
Btamped 48
Missouri- Fund
1894-1895
to

5

Ask.

102

SECURITIES.

Bid.

92
95
5
160
3

1893 1021s
IO5I3 North Carolina— 68, old
JAJ 30
Funding act
1900 10
96
New bonds, J. A J. ...1892-1898 15

[11338

100

99

t

1571s 163
27
30
99
23% 24
62
65
18
25
22
24
731s 80

32%

t

Chatham

12
190
10

RR

lAlant.

apectt.

*

3,000,0 1,P04,2 13,000,
Manhsttiui Co
2,050,0 1,713.6 13,649,
Merohsnts'
2,000,0
042,6
8,894,
Meobanloa'
2,000.0 1,015,6
8,702,
America.
3,000,0 2,243,9 18,879.
Pbenix.
1,000,0
437,7
5,328,
City
1,000,0 3.60H,4 14,477,
Tradesmen's
760,0
li>6,5
2,956,
Cbemlcid.
300.0 6,881,7 2B,038
Kerchants' Exchange
600,0
167,3
3,939
eallatln National
1,000.0 1,660,7
6,950
Butobera' A Drovers'.
300,0
298,4
1,755
Hsobaolca'
Traders
400,0
428,4
2,606
6ie«nwlcb
300,0
166,3
1,087
I<eatae> Mannfaot'rs.
600,0
676,0
3,410
ovranth National
300,0
70.8
1,633
Btateot Mew York.... 1,200.0
494,e
3,246,
awrioan Kxcbange S,000,0 2,1!03,9 18,708
Oominerce
6,000,0 3,»92,8 20.918
Braadway.
1.000,0 1,620,6
6,172
Meroaatue
1,000,0 1,013,0
9.369
Paoiflo
422,7
437,4
3,173
BevnbUo
1,600,0
841,1 13,542
Cbatbam
460,0
803,8
6,2.'t8
Peoples'
300,0
326,4
2,416
Morlta America.
700,0
606,4
6,763
HanoTsr
1,000,0 1,773,0 17,297
Irmg.
600.0
316,0
3,4U8
«tli3i«'
600.0
440,3
8,035
f^animi
600,0
366,6
2,882
Karket X'Fnitoii"
760,0
788,0
4,610
tt.Nlobolaa
600,0
130.3
8,076
Bhoe
Leatber....
348.0
600,0
2,711
Ootn Kzcbaoge..,..
1,000,0 1,296,1
7,788
ContlssntaL
271.0
1,000.0
5,487
OitontaL
300.0
428.2
2,198
UBporters'
Traders' 1,600.0 6,405,0 24.668
Park
2,000,0 2.833,8 27,808
£aat Blrer
260,0
136,6
1,188
Xnutb National..
3,200,0 1,794,6 22,181
Ototral Nattonal..
618,6
3,000,0
9,6r.<
fsooiUI NaUonal..
440,-,!
800.0
6,085
KlBtb National
185.6
760,0
3,777
JJist National
"
600,0 7,147,3 87,402
Third KaUonal. ...
82,2
1,000.0
6,4711
H. Y. Kafl Kxchanje
164,8
300,0
1,676,
"Owery
621,6
360,0
2.867
gjw Yoik Connty.."
300.G
663,6
3,li41
Oeiuan- American.,.
287,4
760.0
2,968
Sjss NaUonal
600,0 1,068,1 14,326,
* Mtb Avenue..
100,0
888.6
6,588,
0«nna& Kxcbaage."
200,0
666,8
3,866
gsnnaula
300,0
62U,2
2,900
VBltod BtatM
610.3
600,0
7,687
Uaaolii
100,0
4U7,0
6,105
oarfieid
;;";
300,0
460.6
4,058
Jlltb National
200,0
286.0
1,872
S00,0
682.7
6,11.6
I^SSUJ.* ?!.•'?*•
300.0
368,6
3,166
."'
gpatoanl
201. '2
600,0
4,84b,
BUth Katmnal
200.0
8*7.7
1,870,
W»«l«i« NaUonal
3,100.0
2^2,3 12.656,
fwst Nattopal.B'klrn
800,0
783,5
4,8»4,
oatasrii >aUt,nal
l.OOU.l
'V.i47,

A

A

A

T. «al.

»<

420

Feb.
3812 Feb.

150 13 July
491s July
121 June
88 July
101 July

May
May

10

121s

40

371s Apr.
Feb. 300
Feb. 118
69
Jan.

117
i
69
13

58
142

July
Jan.
July

June
Aug.
Aug.
Aug.
Feb.

Mar.
Jan.

June

Aug.
Jan.

Aug.

4% June

31a Mar.

4
21
14
60
148

31s
171s

July

June

461s Feb.
11% Feb,
451s Jan.

275
114
37

;300

Feb.
.Tune

Mar.
2214 Jan.
151* Mar.
July
Apr.
604 July
May
Jan. 147

16
12

44
140

New York

Lttals.

bakks.

%
2,300,0
2.855.4
1,688,2
1.184,0
2,983,1
920,0
3,733,8

439,6
6.647,4
,

418,4

1.048.4
328,0
195.0
186,7
716,7

410.9
346.6

*
1.640,0
1,218,8
623.3
574,0
3,460,1
926.0
2.322,0
360.4
2,879,5
1,025,9
898,8
360,3
320.0
144,0
5f0.8
98,1

BECUEITIES.

Bid.

Ask.

95

98

1892-1898
1912

621a .-•>*
7215

City,

Capital X
Surplus.

Boston and Philadelphia Banks:
\DeposUt.i Oi^crn OI«ariiii>

Loans.

Spteie.

X^toals.

f

*
90,876.2
ao,a99,«
91,257.8
91,711,7
90,635,9

$

57,581.51630,730,7 5,585,4
61.073,2 f2f,862,6 5,556,5
62,817,9 5:i4.017,«|6,455.4
61.795,6 629,104,1 «,4:{8,5
60,278,1 528,462,3 6,398,5

(
588,618,3
607,588.1
670,339.0
632,918,9
607,351,8

64,642.91 170,873,0 11,706.0
64,042,9 170,21)2,0 11,109.0
64,64^,8 170.234,0 10,478,0

6320,0 151,476,0 4,725,0
5,631.0 153,076,(1 4,72.'i,0
5,563,0 150,101,0 4,695.0

91,632,4
84,163,0
96,230,6

119.448,0 3,527,0
119,740,0 3,531,0
118.246.0l3.535.0

70,857,2

Dtpotitt.

$
13,030,0
U,8.')9.1

8,698.1
7,186,0
21,402.3
5.781.0
17,40B,0
3.262.9
'27.475.0

4.883,9
5,785.2
1,995,7
2,610,0
1,078,5
3,603.1
1,876,0
2,670,1
17,680,0
16,595,2
6,67».0
10,429.9
3,417,"
15.462,2
6.704,4
8,136.1
6,762,0
20,679.4

683,6
2,442,0 3,276,0
1,773,3 2,983,0
973,1
684,0
1,249,6 1.6S8,1
228,9
544.5
1,692,1 2,000.1
967,1
832,6
140,4
457,1
688,0
793,0
5,060.6 1,506,0
381,2
468,2
3.517.ir
710,5
'^47,2
3,810.4
232.8
347,3
3,119,0
577,4
870.0
6,066,0
235,8
270.3
2,231,4
408.0
420,0
3.199.0
1,506,2
422,0
7,392.0
1,331,4
313,1
6,164.6
150,3
345,1
2,075.0
4,731,0 2,441,0 25,711.0
6.497.7 3,59'2.7 33,726,8
172,2
171,2
1,077,4
4.626,6 2,322,5 24,242,5
3,018,0 1,113,0 12,309,0
1,160,0
409,0
6,028,0
844,6
228,9
4,818.9
S,283,4 1,365,6 26,765.9
6t9,7
882,0
6,868,8
66.0
341,6
1,610,3
623,0
175,0
2.871.0
810,0
236.2
3,822,5
785,8
78,0
3,008.0
4,287,2 1,676,8 18,3e8,4
1,368,4
839,4
6,291,2
167,3
60,S.9
3.329,4
406,2
627,7
3,589,4
1,669,4 1,331,6
9,844,9
1,893,0
536.3
6,828,8
1,078,1
359,6
6,007,2
268,6
267.1
1,956,7
986,2
524,6
5,982,4
636.0
268,0
2,488.0
868.0
612,0
6,782,0
330,U
171,0
1,566,0
684,6 2,770,0 13,628.3
1,028,0
'J 30,0
6,117,0
306,77^2
1,712,3

67.3C0,g l4|.8,777.ll9O635. 9

12.

1913- 100 Is 105
settlement, 68
1913 100 105
5s
1913 77 . 78
3s
Virgiuia^6s,old
50
57
68, consolidated bonds
50
6s, consolidated, 2d series, rects.
6
63, deferred, t'st rec'ts, stamped

N. York.
•

26

New

2

City Bank Statement for the week ending Aug.
as follows.
We omit two ciphers (00) in all cases.
Banks.

New York...

Mar.

4i« Jan.
291b Aug.

Comi romise, 3-4-5-6S

3

Special tax. Class 1

New York

Bankol

Jan.
Jan.

321s

11

Tennessee— 68, old

7
7
Consolidated 48
1910 9S 100
68
1919 1241a 127
911a 921^ Rhode Island—68, cou.. 1893-1894 1021s
II9
104
South Carolina- 68. non-fund.l8S8

Capital. Survlus.

17%

June

151
79

S.C. (cont.)— BrownconBOl.6s.l893

Ask.

Bid.

New York—6s, loan

6, 1892, is

(OOi omitttA.)

Mar.

week

101

104

1

1014 July
40 Apr.

7ieJuiy
14 Is
72 Apr. 103%
93
Jan.
1«
801s
9414 Jan. 114
99 Aug. 10334
I814
12 May
148 Jan. 160
26 Feb.
29
79% May 99
25
I714 Apr.
66
571* Mar.
19% June 25
23 July 27
82
741a May
35'8
27 Jan.

{102 »8

NEW YORK STOCK EXCHANGE PRICEH.—STATE BONDS AUG.
Alabama— Class A, 4

32
128
75

1431a Apr.
43 Feb.
116 Feb.
80 Jan.
96 Jan.

50

in 1892.
Highest.

Jan.
July
Mar.
July

Sk
35% May

151

481a

120
87

:•

May

Jan.

100 146

100
100
Am. Telegraph A Cable
American Tobacco Co., pref... 100
100
Brvmswick Company
Chic. June. Ky. A Stock Yards. 100
100
Preferred
100
Citizens' Gas of Brooklyn
100
Colorado uel prof
100
Columbus A Hocking Coal
100
Commercial Cable
100
Consol. Coal of Maryland
100
Edison Electric Ilium
100
Laclede Gas
100
pref
Do
Lehigh A Wilkes. CoalTI
100
Maryland Coal
100
Minnesota Iron
100
Natioual Linseed Oil Co
100
National Starch Mfg. Co
100
New Central Coal
100
Ontario Silver Mining
50
Pennsylvania Coal
100
P. LoriUard Co. pref
Postal Telegraph— CableU
100
Quicksilver Mining
100
Preferred
100
Pacific
Trust
Texas
Land
100
U. 8. Express
100
Wells, Fargo Express

Mar

5

32
19

100

Adams Express

14 Mar.
26 May
2014 Feb.
60 May
52 July
7712 Feb. 100 Apr.
100 Feb. 1121a Apr.

3H Mar.

37

-.--

Americtn Bank Note CoU
American Express

1

Jan.
12 14 Jan.
4% Mar.
96 Jan.
14 Jan.
4»s

9

21s
2914

(sales)

Lowest.

miiiicellitiieoua Stocks.

35 *« June
28i« Apr.

100
100
100

Ban Fran. 1st pref

Toledo Peoria A Western
Toledo St. Louis A K. CityTT
Virginia Midland

June

25>s May
lliflAug.

100
33
100
100 150

South Carolina

52'« Aug.
T'b Jan.

156

Range

Ask

Bid.

pref

A

Indicates actual sales.)
Aug. 12.

Joseph A Grand Island
Louis Alton A T. H

St. L.

Jan.
Jan.
Jan.

May
88% June

25 "s May
10% 5 July
10
14 Aug.
25
130« 13%
6 Mar.
32% 33% 14 Feb.
19"sJuly
80 Msir.
7 Jan.
4
8 "4 Apr.
10^
3 June
3
87 July
90
1038 Apr.
13
714
4 May
6
9 Mar.
16
14

H

price Friday;

78%

7'b Jan.

nUnols Central leased lines.... 100
100
Kanawha A Micblgan
100
Keokuk A Des Moines
100
Preferred
IiOnlsy. Evans. A St. Lo., cons. 100
100
Preferred
50 87 100
Kahoning Coal
50 :03 109
Preferred
25
emplds A Charleston
100
Kezioan National
50
Morris A Essex
100
IT. T. Lack. A Western
19
100 17
Y. A Nortliem pref
63
100 56
NorfolkA Southern
100 lOig lUs
Peoria A Eastern
Pitts. Ft. Wayne AChicago... .100 lias's
100
Bensselaer A Saratoga
100
BlohmondTerm.,tr reots
100
pref.,tr. rects
Do

No

Jan.

{%

If Indicates unlisted.

Feb.

165

130
100 May 102
32
31 Jan.
44%
35>« Mar.

150

eeorgia PaoiflcK
ereen Bay Win.&St. P.tr.rect.lOO
100
Hooston A Texas Central

'

Feb.

125

STOCKS.

IKXCTIVB STOCKS.

Btghesl.

Zowat.

Ask.

Railroad Stocks.
Albuir 4 Saequehanna.... ...100

J2x
100
100
50
100
100
JOO
100
100
100
100
100

(Cotttinneil)— lATAgrf Fg

[TOL. LV.

W.^l 'iuM.i

Julj 9...
"
18...
"
23...
•
30...

128.8.S3.4 492,187,1
i2«,e33.4 182,416.0
127.812.4 480.378,2
127,81'2,4 484,933,3
«..., 127,813,2,488,777,1

Ang.
Uonion.*
July
"

23...,
30....

Aug.

6...
I'uilB.'
July 23 ...
'•

30

...

35,793,7! 105,819,0
3d,783,7il08,'i76,0

AU g. 8.... 35.73:;.?
• We omit two ciphers
(iQlDbia,

1

40,779,0
40,272,0
39,617,0

107.215,0
in

all these figures.

the Item " due to other banks."

t

$

.«

InoludloK, for Boston and Pbll •

Miscellaneons and Unlisted Bonds.— Stock Ex.
Miacellnneous Bonds.

Amer. Wiiter Works— 1st,

IVIi^cellaneoiis

&

Uenv.C. Wat.
I'](ii.sou

Elec.

— lstgu.58

90

W ks.—Gen.g.5»
111.

Co.— lat 5s

KqiUlableG. A F.— lot 6s
lleudersoii Bridge — 1st g. 68.
Hutioken Laud & Imp g.oa.

Mutual Union Telei<.— 6a

g,.

—

Bank Stock List
BANKS.
America

212

220
160

Broadwi^-.- 275
Batcbs'dtUr. 182

285
180
138

Am. Bxcb... 167
Bowery
Central

137

Chase

Chatham
Chemical
City
Citizens'

....

Columbia
285
Commerce...

—

FUthAve

b.

Mem.

BANKij.

Qamold
German Am.
German Ex.

Germaula

Greenwich...

Hanover
Hud. River..

New

1'20

N.Y.Nat.Ex.
Ninth
Irith Ward..

330'
150
341
145
610
180
24U

i¥9'

[Lincoln
410
Manliattan... 187

ll*st
2500
first N., S. I. 110
Utb Street. 170
I'oartb. ...... 800 >,'4?01

b.

"57
11

>i).

b.

Marketdb Ful 220
Mechanics'.. 185
[M'oha'&Trs'. 180
jMercantlle... 230
iMercliants'.. 147
Morch'ts Ex. 1'28
Metropolitan
7
.L Metropolis... 400
I

I

Mt. Morris

Bid. Ask.

Bid.

Im. ATrad's'
Irving
Leather Mfs'

2000'

90

100 b.
116 b.
18 b.
101 Hib.

<t

310
400

166

265
116
165

Bonds.

;

aallatln

133" 140

Continental
Corn KxGh... 265
Deposit
111
UaaC JUver.. 145
llth Ward...

b.
a.

M%b

Ala. & Vlcks.— Consol. 5s, g..
Vlcks. Jk Merid,, Ist 68
Atlanta & Cliarl.— lat 7a
Coniatock Tunnel- luc. 4a...
Georgia Pacific- lat 63
2d mort. lucome
..............
Couaol. 5 g
Income 58

lld""b.
103 Hib.

b
b.

Security Cor. lat con., g., tJa..
Western Union Teleg'h -78.. 116
Wheel. L.K.it P.Coal- l3t,g.5a
82

Charleaton— Con.7 g. 100 b.
' I^atest price tlila week.
"a" orlce aslced.
Latest prices of bank stocks tins weefc.

450
400
4400 4800
450 6U0
159

99
I'lX

UiiliHteil

a.

.

National Starch Mlg.-lst,68.
NortUweatoru Tele>rrai)U— 7a
I'eoria Water Co. 6 -, g
Note.- "6" indicates orioe bid

lOli-ia.

& aamblo—

106>9b.
lOllg

107

prices.

Bonds.

Pei)i»le'a Gaa
C. ) l.st g. 6a,
Co., CIiica.go ... (lid g. 08.
Pleas. Valley Coal— lat g, 6a.
Procter
l8t,g.,6s,

68.

1st cons. 08, g

Cahaba Coal Min.— lat g. "s.. 110 b.
Ch, Jun. & S.Yda.— Ool.t.g.,58
Culoiado Fuel— Geo. 6a
'ib3""b.
Col. A Hock. Coal A I.— 63, g. '104 b.
c'onsol'n Coal— Convert. 68.. 104 b.
Coii8,Oaa Co.. Chic.

6'2,87l,l
1)8,628.9

..

280

Murray Hill.
JJ assa'v
lei'

York... 232
N.Y. Coanty.[620
"

-

N. Amerioa..

360

Oriental

Paciao
630'

Park

200
260

People's

230
190
200
240
156
135
12

Phenlx
Produce Ex.
Kepubllo
Seaboard
Seconil

Seventh
Shoed^Leath.
St. Nicholas.
State of N.Y,

Third
Tradesmen's,
Pniid States 310
'^
^Mtern

ACOCST

THE CHRONICLR

18, 189SL]

BOSTON. PIIILADELPIIIA ANU BALTIXORB 8T0CK i?.XCHANttES.
Bales
Cy Share Prtcea — not Per Oeatnm Prieea.

Active Stooki.

A S. Fe (BosIoh).IOO
"
100
Atlmtlo A l'»o.
B»ltHiuir,< A Ohio (Ball.).lOO

Aug.

6.

390s

40%

•OTia

08>«

Atoh. T.

"
lOO
1st iir.fcrred
"
2(1 iMKf. rrnrt
100
BosUiiiA- MhiiiiV( Boston;. 100
"
"
"

100
100
of
100
Ontral
Maas.
"
Pref.'iriil
100
"
100
Ohlo.Biir.Aquln.
Ohio. Mil. A iM. f.f mi.). 100
AW.
Mic\\.( Boston). 100
Ohio.
"
Clnve. .t Canton
100
"
•.!....
I'r.'r.r
100
n;>i
•'
100
pref.
"
100
Marq.
"
100
Top. (Phita). 50
"
60
"
I..'h;-!i \ illey
50
l.nwuU

.1-

BOBtoii

A Maine

Range ot sales In 1803.

of tha

Batardny,

f lodlCBtes iinlldted

BoKlon

2 id

n^

4<>ii

Monday,
Aiiff.

Tuesday,
Aug. 9.

8.

39>s
4>9

38>s
4>«
*97><

38>a

132

...

132

....

204

205
181
183

204

205
182

Aug. 10.

3!)>g

39ifl

30>«

4>«

4's

5

98^

Thursday,
Aug. 11.

Wednesday,

98

182
125
205 >« 205 >s 205" 206 >4 205 206
182 182
181>« 182
181
182 183
182^ 182>a 180 182
181
180 180>s 180 180
•16
•16
17
17
17
17
16>s
•12'" 43
•42
*41'« 42
43
"ii" 42 •« *41>« 42
102% 10238 101 102 M 101 lOl's 102 10214 101>4 101 »B
82°8 83>f
820g 82%
83
83>4
83^8 83>>8
82>s 82%
•50
•49 >s 50
•50
52
61
51
51% •48
81
*5i«
*5>4
6
6
e
6
•61a
•5>s
20 14 20 >« •19% 20
•10% 20>s •19% 20
*19>a 21
8!l>« 89>«
89% 90
89% 8»''e
891s 89><
80>a 89ig

Week,
Shares.

88

39>4

380s

Fridny,

Aug. 12,
380r

89,576

41s

150

4'a

•97

4
84
130
116
74 199
42 173
196 159

98

205

205
1811s 182
180 180
17

42

42

101^8
8214 8208
51s

20

•191s
891s

48

I

*33

Miin;.-

.

54
61°8

.ntral fBoalonJ.lOO
"
I'ontral
100

I

"
100
"
Profiiicl....
100
Borthirn ContraKBn//.;. 50

A

Y.

-N.

Kng.

79

34>«

1

Mexican

80

eiBg

54

61^

61>«

132

'

17
371*
•87i«
•631a

1758
S7>«

88

132
17

lexs

36 Hi 36'8
87
•63 >«

niHCellaneona Stock a,

106 106!|| 105 1« 107 >a
•101 lOl's lom 10138
100 204 204 1« 204 >4 205
"
37
37 < 3714
25 37
9>«
914
"
9>4
25
9>s
"
280 280
Oalamet A Heola
25 x281 281
74
Canton Co
74
(Balt.).lOO *
"
OonHoliaiitedOaa
100 59^8 6OI4 •59'8 60
rie Telephone rBotton;. 100 47
47
x46
46
'18
lAmson Store Ser. "
19
60 18>«....,
Iiehl'h CoalANav -PhU.,
50 *54H 6419 *54>4 54>a
H.Eng. Telephone I Bnst'n)\00 56>» 56<« -56
North American. rPAi'(.;.100
1438 143e
I414 14>4
Themson-U'nEl. .rBoft'n; 25
"
Prsrerred
25
I8I9 1S>9
"
West End Land..
183b 1
* Bid and asked prices; no sale vas made.
A.m.Smr'rKelln.lICBo.'itoii;...,

"

'*

Bid.

Inactive Stocks.

Prica of Aui/ust

80
Atlanta A Charlotte (Bait.) .100
Boston A Providence {Boslim) .100 250

Oamdeu AAtantiopf.

50
60
60
60
50
100

iPliUa.) .

"

Oatavlasa

"
1st preferred
"
8d preferred
uentral Ohio
(.Bait.) .
"
Charl. Col. A Augusta
Conr'" "-"' •'• Pass. (Boston) .100

Conn

•'
iT...
100
iilBt.iPhtla.) .100
"
...,..;oyAL.
50
C'y it. b.AMem. (Boston) .100

27

891a

64
124
225

30
100 110
10
100
60 7018

"

Preferred

K. City Mem.

UtUe

A Blrm

"

.

BchuylkJll

(Phita.)

Manchester A Law.. (Boston) .100
Maryland Central
(Ball. ) 50
Mine urn A 8. Haven {Phila.) . 60 73
"
MesnuchonlngVal
50 63
northern N. H
(Boston) 100
North Pennsylvania. (Phita.) 50
Oregon .short Line
^Bo»fo?t) 100
24%
Farfieraburg
(Bait. ) 50
Pennsylvania A N. W. (Phita. 50
Balelgh ^ Gaston
(Bait. )100
Batland
(Bosloti) 100
Preferre..;
100 71
Seaboard A Koanoke. {Ball.) 100
••
1st preferred
100
,
West End
.(Boston) 60
73%
"
Preferred
50 8718
West Jemey
(PhUa.) 60
621s
"
West Jersey A Atlan.
50 20
Western Maryland..
50 12
(Ba<(.l
Wlltn. ' 'dl. A Augusta
"
100 109
Wlli:.:ii-i'nA Weldon
"
100 110
Wii«< uu-ui Central... (Boston) 100
17
Preferred
"
100
Worc'st.Ka»h.ARoch.
"
100
.

. .

)

.

,

AUoT-.

"MliKKLIJUSKODS.
-.
(Boston). 25

Atl..

UK.

Cltj

Bay

(Bait.)

(Boston)

.-

Boston \.nul
Centcii!n:(! Mining...

Fort
Frai
Frii

'.'

"'

ctrlci

"
"

"
••

4

25
25
50
10
10
28
25

jL'nd

"

8

,.

*•

Ulnoia «teel H
Keareari;e Mining....

"

26
100
26

Burun

.^imiiiir

Met.Trae. Co

'•

(PAifa.)

900.

91s

78

27%

"

Tamaraok

"

Miuinit

l!komson Ele. Weld'g.
1 Unlisted,

i

ado

"

87

21I4
5714

2138

57 >«

183 14 I8314

54%

54''?

•30% 32%
301,8 303,0
•6
8
38I4
33

230

34>«

54

34's
63'8

64

6m
130

61>a

lO'Sa

16'8

61 e

60>e

130

87

'87

88

•63>a
2l»8
5738

....

183

183'4

1008

Feb.

761s Fell. 13
251s Jan. 27
46I9 Jan.
5014 Jan.

57%

383a

230
8

38=8

39'4

230i«
8

20% 21
5508

7%
1208

54118

29%

39>«

381s

8

•758

280

280

'280

•73
(iO

47
18
5414
56>a
•14

18i«
SI'S
SOH)
14>4

•1838

18%

•45 1*

290
73
60
46

•si'ii

•56
14
•1838

'282

60
4513
•18

25
26 160
100

64 >t
66 >s

•56

14 H

13% 13%

18»8

I8I4

I8I4

1814

54%

Bid.

Thom.Europ.E.WeldH (Boston) 100
"
100
Water Power
"
60
Westing. Kl. tr. rcc.H

10

2%

BU

Elmlr. &Wilm.,lst, t;- I'.ilO, JAJ.
Hunt. A Br'd Top, Con is •93,A AG
1914, Q-J
Lehigh Nav. 4iss
1897, J&D
2d 6b, gold
Oeneral mort. 4V, g.l924,u—
Lehigh VaUey, Ist 69. 1898, J&D
1910, M&8
2d 7s
1923, J&D
Consol. 6
North Peun. Ist, 7a.... 1896, M&N
1903, J&J
Gten. M. 7b
Pennsylvania gen. 6s, r.. 1910, Var
190.'S. Vnr
Consol. 69. c

acurae<l luierest.

118
126
110
103
110
110
101

. .

I

Last price this week.

137
130
110
127
130
120

I8I4

13%

May

5,187
July 7 6738
Aug. 6 40%
Jan. 19! 3414
Mar. 291 7
July 13 5014

25
6
19
8
11
17

4

June 6

71s

520

8
8

June 17

210

45''8

May 23

5
Aug. 4
June 13
6II4 Aug. 12
471s July 14
171s Jan.

295
72

431s Jan.

50%

Mar.

Feb. 11
Feb. 15
Jan. 4

103b Feb. 18

70 141a Feb.
373 481a Jan.
7
1,275

Jan.

IO8I4 Aug. 10
102 >4 Aug. 10
Jan. 15

7808 Jan.
901s Jan.

133 192 Mar.
530 31 Feb.
120
7 July
20 233 Feb.
60 H Jan.
731 43 Jan.
81

May 11

.Ian.

x223%Mar 24 232

18,134
1,538

21

May 12

5518 Feb. 13
561s Aug. 4
18% Jan. 3

Feb.

12 May
49% Jan.

674 May 13

26I4 Jan.
16% Jan.

30 13 June 53
20>s May 10

Ask

Bid.

Bonds.
Penna. Consol.

.

Clearlleld AJefr.,l8t, 69.1927,JAJ
190O-04, MAS
Couuecliiig. 68
Br'k, 1st, 7s. li)05,F&A
Dei. A
;E<«tonAAiu. iHt.M. ' 1.1^0, MitN

191s
5414
56i»

Ask.

i

.

8

505

45% 45%
•18
5414
•56
130a

1812
5414
561s

Juno

6,947
18,828
91 164 Is
1,948 .5414
120 311a
92,797 193i«
50
5
7,160 36%

6II4

61

6038
451s

May 13

87

3
9
July 13 69% Mar. IS
18»8May 21! 2eis Jan. 5
51-'8 May 24: 72% Jan.
3

73

18%

Mar.

650 34
271 75
63

290

285

'

Inactive stocks.

.

32%

3808
22914
8

107=8 10738 lOS^ 10714 10818 10608 107»e
101i« 101 Is lOl's 102>4 101 14 lOl'Js
204i4 2U4>« 2041s 205
2031a 20414 203 204
37I9 •37
37 14
3714 •37
37
37k *37
•914 10
•914
914
914
9%
•9>a 10

.

»137

2910,8

230% •22819
8

M&N

6''e

33

\01H

.

121s

1821s
547g

*31ia

82% 83
At.Top.AS.F.100-yr.4g.,l§89, JAJ
MI'S
100-year income 5 g., 1989.8ept.
BnrL A Mo. River Exempt 68, J&J [11608
60
1918, JAJ 106
Non-exempt 68
89
1910, J&J f 83
Plain 48
Chic. Burl. A Nor. let 5,1926, A40 104
1041s
1918, J&D
104
2d mort. 68
1896, J&D
Debenture 63
1031s
Ohio.BurI.AQnlncy4s..l!)32,FAA
931s
94I9
1919, A&O
Iowa Division 48
Chlc.A W.Mich, gen. 59, 1921, J&D t 98
40
99
115 .Consol. ot Vermont, 5s. 1913, JAJ t
90
15
Current River, Ist, 59. .1927, A&O
Det. Lans. A Nor'n M. 78. 1907, J&J |tl05
Eastern 1st mort. 6 g., 1906, HAS 1I221S
Iree.Elk. AM. v., 1st, 69.1933, A&O tl22
Unstamped 1st, 69. .1933, AAOl
1221s
K.C.C.&8pring.,lst,.'>g.,1925,A&0'
90
K. C. F. S. A M. con. 69, 1928, MAN 104
50
K.C. Mem. A Blr.,l9t,59,1927, MAS
85
24 !K.C. St. Jo. A C. B., 7s. .1907, JAJ tl23 124
92
04
L. Bock A Ft. 8., 1st, 78. . 1905, J&J
Loui8.,Ev.ASt.L.,lst,6g.lM26,AAO
112
1936, A&O >t98
2m., 5— 6 g
1925, A&O
109
Mar. H. & Ont., 68
1923, JAU
Exten. 6s
105
6814
Mexican Central, 4 g... 1911, JAJ
29% 31
1st consol. incomes, 3 g, non-oum.
74
2d consol. incouieH, S.s, non-cum.
161s
N. Y. A N.Eug,, Ist, 7s, 1906, J&J ,121
1906,J&J 1II214
Istmort. 68
1902, F&A
31
2d mort. 68
1041s
16
2d mort., scaled, 58... 1902, F&A
C.,Con.6s.l920^A&O§
&
L.
t..
Ogdeu.
109%
-1920 it..
Inc. 6s
40
1902,
;111'4
17% Rutland, 1st, 68
1898,F&A 1IOII4
82
2d, 58
Bonds.— Philadel-ihia .
Allegheny Val.,7 3 lOs, 1896, JAJ 1091s
910. Attantle City 1st 5», g., ll)19,MAN 105
Belvidere Del., Ist, 68. .I!i02, JAU 110
1900, FAA 117
Catawlssa, M.,78
80
231s Char. Cln. A Chlc.lst 5g, 1947. 0—
8
13

66>4

182

Feb. 13
Jan. 4

281s Mar.
Apr.
37 14 Apr.
551s July
621s Fob.
1371s May
243g Jan.
5814 Mar.
4III41S Jan.

14% July

4",830

90

2114
6738

183

183

54''8 54''8
.54% 54'^
•SI'S 38
•3l»fl 33
303,8 300,8 2911,9 30J,e

•8

15'8

36%

Mar. 31

8

23
92

July

112

...

90

21
56I9

2108

20
4,678

55

514 July

10

60%

151s
•361s

181s June 21

43% June 23
1100* Jan. 28
841s Ang. 1

Feb.
811s Jan.

63^9

•531s
601s

130

...

15%

"913

5

Morris C^aiial guar. 4. (Phila.) 100
Preferred guar. 10 "
100 2011s
Osceola Mining
(Bosloti)
3214
25
Pullman Palace Car..
100

Qnincy Mluiuk'

90
252

87

79

;

Dela
Har.l

Kan.

Ask.

12.

34««
•53
58'8
6l>4 6138
130 131 19
16»8 16»9
^30% 87Vi

67'»

213g 2109
VAcme(PhUa.).10O 21\ 2int
"
5838
57 >« 57^8
Prefernd
100 58
(BosloH).lOO 182 183«» 183>4 IS^^
Old Colony
54''9 65
54'8 54^
PennsTlvanla.. Il'hila.). 50
"
Fhlladel. A Krie.
60 31>9 31>«
"
50 30»,8 3038 SO^ig 306i«
Phlla.AKea<llnf;
*6
6
6
Bnnunlt Brunch ^So«to»;. 50
"
38 Tg 38''8
Onion PaclHo
100
33
3838
OnltedCos.of N.J.rrAiJa.noO '230 231
'228>a2aO%
•8
•8
8"*
WeatornN.Y.&Pari'Ai^a.MOO
SH
Horth.Tji

Preferred
Bell Telephone ..
Best. <fc Montana
BntteA Boston..

79

Feb. 18

June IS

Mar. «
1831s Juno 30
185 June 23

19
19

80

1

135
123
209

10
82

!

4

100% Mar. 15

75% Apr.

60

Jan.

5% Jan, 5

Mar.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

33

16,732
11,700
5

51s

46%

161s Apr.
Jan.
96>s June

10

101

Highest

Iiowest.

32% May

1919, Var 118

53, r

Collat. Tr. 4is g
1913, JAD
Pa. &N. Y. Canal, 7s. ..1900, J&D
1939, A&O!
Consol. 5s
Perkiomcn, Ist ser., 53. 1918,
JI
PhUa.& Brie gen. M. 5g.,1920, .K&0\
1920. A&O'
Gen. mort, 4 g
Phila A Read, new 4 g., 1958, J&Jj
1st pref. income, 5 g, 1958, Feb 1
2d pref. income, 5 g, 1958, Feb. 1
3d pref. income, 5 g, 1958, Fob. 1
1893, A&O
2d, 78
1911, JAD
Consol. mort. 7b
1911, JAD
Consol. mort. 6 g
ImprovementM.6 g., 1897, A&O

Q—

110
123
114
105

i

II514

......

101
88=8

88%
77% 78"
•"Ola 70%
641a 64%

105
131
118

133

1061*

Con.M.,5 K.,9tampea,l!t22,MAN 105
A&O 101 la
&
F&A 114 1116
&
Po'keepsle Bridge, 6 g.l930, F&A
65
SchuyiJR. E.Side,l9t 5 g. 1933, J&D 109 110
Phil. Wiim.
Bait., 4s. 1917,
1900,
Pitts. C.
St. L., 79

j

Steuben. &Ind., 1st m., 09. 1914, J&J 1051s
UnltedN. J.,6g
1894, AAO 103
Warren & Frank., l9t,78,1896,F&A 106

Bonds.— Baltimore.
AtluutaACharr, Ist 78, 1907, 7 kJ 11.5%I116i4
1900, A&O
93 100
Income 69
Baltimore & Ohio4g., 1935, A&O lOlOs

• .[...•
Pitts. & Conn., 5 g... 192.3, FA.\
Staten Island, 2d, 5 g.l926, J&J 102 fl03
Bai.&OhloS.W.,l9t,4isg.l990,J&J 105 106
CapeF.&Yad.,eer.A.,6g.l916, J&D
96>s
1910, J&D
Series B., 6 g
961a
1910, J&D
Series C, 6 g
96

1930, MAS
Cent. Ohio, 41a g
Charl. Col.&Aug. I9t78.189.-), J&J
Ga.Car. &Nor. Ist 5 g..l929, JAJ
1900, JAJ
North. Cent. 6s
1904, J&J
6s
1920, JAJ
Series A, 5s
4138
1925, .\&0
Oxf.&Clark.,int.gu.,6g.l937,.M,VN

101
101 ••
112
114
110
106

lOS
102
116
111
108

Piedm.&Cum.,l9t, 3g.l911, F&.V

97

Pitts.

II314

113%

11'.

115

A Connelis. 1st fs. 1898, J&J
Virginia Mid., 1st Os... 1906, .MAS

MAS nils I12>i
1916, MAS 104
106
192L, .MAS
ibo"
1926, MAS "98
1911

2d Series, 63
3d Series, 68
4lh Series, 3-4-5s
5th Scries, ba

C. A P. Isi, 6 g. 1911, J&J 1071* 107%
Wost'^ V.C. CoiisuL 6 g. 1914, J&J

West Va.
127i8|

& Aug., 6s.

J&D

112

WUm.

104

Bal tImore-Clty HaU68 1900, Q—

Col.

1910,

.

116>4

XISCKLLASKOUH.

115
11*
117
122 >s 124
124 >4 .••••
100 14 100%

.

1900. O-J
FundingOa
We.-<t MaryPd HR. 68..1902. J&J
.M&N
1910,
Water 38
1916. .M&N
Ponding 6b
1930,
J&J'
Exchange SVie.
138
130>s Virginia (State) 3s, few. 1932, J&J' 74
JAD
190J,
107
Chesapeake Qa8,6s

110%

121

Consol. Oas, 6s
59
Knuitabli. «»».«•

1910, JAlii 115
1939,.J&J 101
'•*'

'

•

>•

•

74H
iis'ii

1014«

THE CHRONICLK

260

NEW YORK STOCK EXCHANftE PRICES
Bailboad and Mmckl.

inter"!!!

1

11258 IO714 Jan.
8314
81% Feb.
593b
53 Mav
67 •«b. 67 July
J 11 14b. 10 Aug.
O 119 b Ill Jan.
J 106i«
lOSifl Jan.
103% 100 Mar.

A J

J

Sept.

J

A

3

A
&

Ji

MAS *60

J

di

AOblo— Mort.,6 g..l911 A
1939
l»toon80l.,5g
1992
Gen. 4148, g
B.AA.Dlv.,l8toon.,2-4g.l989 J
do 2doon.,4g...l989 J
Ohio. Borl. A Q.— Con., 7b. 1903 J

A
A

A O

MA

N

MAS
A J
J
J

A

MA

i)ebentnre,58

AC—

A

N

MA

b.

Jan.
Jan.
J IIII4 IO919 Jan.
114 a IO919 Jan.
lomb 94 Jan.
J 109 b. 10519 Jan.
109 14 Jan.
J 110

Q—
MAN

Obes.

e

F A A

b.

102

Oot'b'r

A J
A J
AJ

J

Min. Dlv.,68....1910
Ist.Ch.&Pao.W.Dly., 58.1921
Clilo. AMo.Rlv.Dlv., 58.1926
Wis. A Minn. Div., 5 g..l921
A
1914
Terminals g
A
Gen. M., 4 g., series A... 1989
Mll.A Nor.— l8t, con., 68.1913 J
Ohlo.AN.W.— Con80l.,78..1915
1902 J A D
Coupon, gold, 78
1929 A A O
Sinking fund, 6s
1929 A AO*
Blnklng fund, 5b
N
debeu.,
Sinking fund
5s. 1933
1909 MAN*
25-year debenture, 5
1926 F A 4
Extension, 48
Ohlc. Pco. A St. Louis— 5 g. 1928
Ohlo.R.I.&Pac— 63. coup. 1917 J A J
Extension and ool. ,5s. ..1931 J A J
SO-year debent. Ss
1931
Ohio. St.L.&Pltt.-Con.,5g. 1932 A A O
Chic. St. P. M. AO.— 6s. ...1930 J A D
Cleveland A Canton— 5 .. .1917 J A J
0. C. C. A I.-Con8ol., 7 g.l914 J A D
General consol., 6 g
1934 J A J
C.C.C.&St.L.- Peo.AE.4s.l940 A A O
Income, 4b
1990 AprU.
OoL Coal A Iron— 6 g
1900
A
Col. Midland— Con., 4 g. . 1940 F A A
Ool.H.Val.ATol.— Con.,5g. 1931
General, 6g
1904 J AD*
Denver A Rio G.— Ist, 7 g.l900
N
lBtoonBOl.,4g
1936 J A
Det. B. City A Alpena— 6 g.l913
A

AD
Q-F

MA

MAS
MAS

FA

MAS

.

MA

DeLMac.&M.— L'dgrant8.19H
Dul. So. Bh. A Atl.— 5 g. ... 1937

AG.— Con., 5g. 1956
Knoxyllle A Ohio, 6 g...l925
EUi. Lex. ABigSan.— 5 g.l902
rt. W. A Denv. City—6 g..l921
e«l.H.A8an An.-W.Div.lBt,5 g.
Han. ASt. Jos.- Cona., 6s. 1911

B.Tenn.V

A

A
A

A
A
A

1919 MAN*
Ooup.,6 g.,tr.reo.stmi>d.l909|M A S
Iowa Central— let, 5 g
1938 J
KentBoky Central—4 g
1987
A
Kings Co. El.— let, 5 g
1925
A
Laclede Gas— let, 5g
1919 Q—
I<ake Erie A West.— 5 g
1937 J A J
Ii. Shore— Con. cp., 1 st, 7s. 1900 J A J
Consol. co\>p.,2d,7s
1903 J A D
Longlsl'd- let, con., 5 g.. 1931 (i-J
General mortgage, 4 g. .1938 J A D
Loula. A Nash.—Cone., 78.1898 A A O
K.O. A Mob. lat, 6g
1930 J A J
do.
2d,6g
1930 J A J
General, 6 g
1930 J A D
Unified, 4g
1940 J A J
Mash. Fl. A Bh.— 1 St gt<l.5 g.'37 F A A
IiOQia. N.A. ACh.— let, 68.1910 J A J

AD

OonsoL.e g
1916 A
Bu L. ATexaa— 6g.l917;F

Jan.
Jan.
Jan.
*130 a. I2514 Jan.
114isb. II219 Jan.
117i8b. 113>9Jan.
110 b. 106 Jan.
10258b. 0014 Jan.
103 Jan.
1071a
52''8

•

108%b. 103 Jan
gOMb. 86 14 Jan.

lim

lieisa.
Jan.
13719b. 137
Feb.
12614b. 12319 Jan.

119
110

July

June

104''e Feb.

85
119

Feb.

June

12319 Mar.

II8I9 .May

123i4JiUy
104 Apr.
IO419 Apr.

53% Feb.
94% June
13214 June
II6I9 Apr.

118
111
106
108

June
June
June

May

10819 June
9219 June
Apr.
Apr.

115
142

127i4May

120 Mar.
Ill June
109 b. 105 Apr. 109 Aug.
10514b. 103i9May 107
Mar.
98 b, 96 Jan. IOOI9 Jan.
100 a. 96 Mar. 101 Apr.
1237eb. 121
Jan. 126% June
10H8 IOOI9 July 10419 May
1

Jan.

16

11014b. lOSifiMay

98I9
Jan.
*109 b 105 Jan. 110
12113b, 120
12413
Feb.
95 19
goHa. 88 Jan.
130 b 128I9 Jan. 135%
*120 b. II8I9 Jan. 123
80 b, 7958 June 83
28 b 26 June 34I9
100 ija. 99 May 103 19

95

67»9a.

97%
100%a
11719b.

lOHsb

83 '9b,
109 b,
121 b,
124 a.
116 i»b.
93 lib.
114 b.
118 b.
109 b.
116 b.
7919b.
9919b.
11019b.
102 b

Metro. Elevated— let, 6 g. 1908, J

AD 80>4
A A 48
MAN
*H0 b
1906 M
19;)0J

Feb.

May
May
June

May
July
Feb.
Feb.
Jan.
Jan.

Mar.

74

87I9 Jan.
Jan.

93
105
119
85

June

80

Feb.

70
93

115% May

96I9 Jan.

10919b. tl06 Feb.
73'8b. 73% July
S9i«b. 89
July
8319b. 81
Jan.
10014a. 97 19 Feb.

A O
A A 96
A J 117'9h
1899 MAN 108 19b.
»,?"u'®^- ••:—.Mlon.Cent.— lgt,con.,7B..1902 M A N *124 a.
Consol., 58
1902 MA N 107 "ab
Mll.Lake8h.AW.-l8t,0g.l921MA N 127 19
1929FA A I07%a.
..*S**?- *'"!'' 5 K

Iionla.

48
86

92i«a.

83 %b. 77% Jan.
86 a. 70 Jan.
42 a. 36 Apr.
102 a. 95 Mar.
94%b. 90 Mar.
100
96»9 Juno
S 99
81 Mar.
D 100 lib. 98I9 Jan.
96 b. 95=8 May
117 b 115 Apr.

MAN
MAS
1952 A A U

11314 June
855e June
66% Jan.
74 Jan.
I414 Jan.

114 June
114 June
102 Aug.
111 June
113 June
117 b. 114i9Apr. 119 Feb.
Apr.
10414a. 10319 Jan. 107
83 %b. 81% June 84'9 May
81
Aug.
80 b. 76 Jan.
8OI4 June
78 b. 7519 Jan.
122>«b. 12119 Jan. 126
June
10219b. 101
Jan. 10519 Apr.
109
107 June 114 Jan.
92i«b. 9II9 Feb.
9419 June
88 1). 88I9 Mar. 9119 Apr.

MAN
J A D 115%!). 112kJan.
AA O 122
Apr.
MAN 100% 120%
97 Jan.
97i«
MA N

1st, So.

48, g

Aug.

68
116isb, 115
N 120 b. 120

MA

I/eli.AW.B.,con.,79,a8'il.l900
1912
do. mortgage, 58
Am. Dock A Imp., 58. ...1921 J
Central Pacltto— Gold, 68. .1898 J

1913
1903
ConvertiWeSs
1922
Denver Division, 48
1927
Nebraska Extension, 48.
Ohio. A E. III.— let,8.f.,68. 1907
1934
Con60l.,6g
General cousol. l8t,58..1937
4-5
g.l982
Ohloago&Erie- let,
1982
Income. 58
1st, 5 g. 1937
Ohio. Gas L.
Ohio. Mil. A St. P.— Con. 78. 1905
let, Southwest Div., 68.1909

a

Q-F

Oil, deb., 8 g.l900
At.Top.A8.F.-l00-yr.,4g.l989
1 9s»
100-j-ear income, ok
AtL A Pac— Guar, 4 (?.... 1937
1910
inc.,
68
W.D.
BTOokl'n EleFat'd I6t,6,g.l924
Can. Boath.— lat guar., 58 1908
.1913
Sd,6i
OentGa.— 8 AW. lstcon.58,'29
Oentralof H. J.— Con8.,7B.1899
1902
Oonsol., 78
General mortgage, 5 g..l987

Amer. Cotton

M. K. A T.-l8t

—

Olo^ry) Kange ($alet) in 1892.
Priet
Hif/hesU
Lovat.
Ptriod. Aug.

Bonu

minola Central—4g
Int. A Gt. No.— 1st, 8 g

(ContlnmA).-AaTIVE

80

Mar.

10714 Jan.
Jan.
121% Feb.
113 Apr.
91 Jan.

120

limApr.

July

May
Apr.

4414 June

105
100
103

100
105

98%

May
Feb.
Jan.

Aug.

May
Apr.

118=8 Feb.
IO2I9 Feb.

130 Aug.
82 Jan.
96 Feb.
86 June
102i9June

85i4May
114 June
123 June
126 May
116i9Aug.
97 May
115 Feb.
121i9Juue

11719 Jan.
108 Jan. IIOI9 Apr.
II514 Jan. 119i9May
78% Jan. 82 June
98 Feb. lOl^sJuuc
lOS's Jan. 113 June
99 Apr. 103 1« Aug.
8719 Jan.
96i9Aug.
113i9Jan. I2014 June
IO514 Jan. 110 June
121 May 12419 Apr.
IO6I9 Mav 108 19 Apr.
123 Jan. 128 July
104I9 Mar. 110 July

[Vol. LV.

BONDS AUGUST

|a,7»..

'4b.

g.l9:iO

....

ANH FOR YEAR

Railroad and Misckl. Bonds.

Inler'tl

Prie»

Period.

Aug.l2

A D 117
General mortgage, 48... 1938 M A 81 65 b.
Nash. Ch. ASt.L.— lst,7s.l913lJ A J|l27i9b.
C!on.,5g
1928IA
" A O|l03 b.
N.Y. Central— Extend.,5s. 1893 MAN lOl'eb.
1903 J A J 125
Ist, coupon, 7s
Deben., 58, coup., 1884. .1904 MAS 109 b.
N. Y. A Harlem— 7a, reg. 1900 MAN 120 -^b.
K. W. A Ogd.— Con., 58.. 1922 A A O 114»8b.
97%
N. Y. Chlo. A St. L.—4 g...l937 A A
112i«b.
1906 J A
N.Y. Elevated— 7a
128 b.
N. Y. Lack. A W.— 1st, 6a.. 1921 J A
110 b.
1923 F A
Construction, 58
139%b.
N.Y.L.E.AW.— l8t,oon.,7g.l920 M A
103%b.
1893
J
A
Long Dock, 7a
1935 A A O 12214b.
Consol., 6 g
105
1969
J
D
A
2doonsol.,6 g
N. Y. Ont. A W.— Ist, 6 g..l914 MAS 112%b.
1939 J A D 106
Consol. Ist, 5g
N.Y.SuB. AW.— iBtret., 5 g.l937 J A J 10519b.
Midland of N. J., 6 g.... 1910 A A O 118 b.
Norf. ASouth.— Ist, 5g...l941 MAN 101 b.
Norf. A W.— 100-year, 5 g.l990 J A J "85 b.
A J 9019b.
Md.&Waah. DiT.-lst,5 g.l941
North.Pao.— l8t,coup.,6g.l921
A J 116%
General, 2d, coup., 6 g..l933
A O 114 b.
General, 3d, coup., 6 g..l937
A D 107 b.
1989
Consol. mort., 5 g
A D 77
Ohio. A N.P.— Ist, 5 g...l940 A A O 8019
North. Pac. AMon.— 6g...l938 MAS 9519b.
North. P»o. Ter. Co.— 6 g..l933 J A J 105 b.
Ohio AMisa.- Con8.s.f.,78. 1 898 J A J IIII4
1898 J A J 112 a.
Consol., 78
Ohio Southern— let, 6 g...l921 J A D 110 b.
1921 MAN 64 a.
General mort., 4 g
Omaha A St. Louis— 4 g 1937 J A J *63 b.
Oregon Imp. Co. -lat, 6 g.l910
A D 10214
1939
Consol., 5 g
A O 6«'9b.
Ore.R.ANav Co.— I8t,6g.l909
A J 11014b.
ConsoL.Sg
1925
A D 80 b,
Pa. Co.—419 g., coupon.... 1921
A J 106%b.
Peo. Deo.AEvanav.- 6g..l920
A J IO214
MobUeAOhlo— New,6g..l927

J

. .

1920
EvansvlUe Div., 6g
2d mort., 5 g
1926
Phila. A Read.— Gen., 4 g.l958
lat pref. income, 5 g
1958
2d pref. income, 5 g
1958
3d pref. income, 5 g
1958
Pittsburg A Western— 4 g.l917
Rich. ADanv.— Con., 6g.. 1915
Consol., 5g
1936

*100
MAS
MAN 68
J A J 88%

Rich.AW.P.Ter.-Tru8t,6g.l897 F A A
Con. 1st A col. trust, 5 g. 1914
Rio G. Western— Ist, 4 g..l939 J A J
N
St. Jo. A Gr. Island— 6 g..l925
St. L. Alt. AT. H.— 1st, 7s. 1894 J A J
St. Ijouls & Iron Mountain—
2d,7g
1897
Cairo Ark. A Texas, 7 g. 1 897 J A
Gen. R'y A land gr.,5g..l931 A A
8t.L. ASan Fr.— 6 g., C1.B. 1906
6 g.. Class C
1906
General mort., 6 g
1931 J A
St. L.So.We8t.— l8t,4s,g..l989 Bt A
2d, 4s, g., income
1989 J A
8.P.M.AM.— Dak.Ei., 6g.l910
lat consol., 6 g
1933 J A
do
reduced to4i9g...
MontanaExtenslon, 4 g.l937
San A. A Aran. P.— I8t,6g.l916
Ist, 6 g
....1926
Seattle L.S.AE.— Ist.gu. 6. 1931
80. Car.— Ist, 6 g.,ex coup. 1920
Income,6s
1931
So. Pac, Ariz.— 6 g
1909-10 J A
80. Paomc,Cal.— 6 g
1905-12 A A
Ist, consol., gold, 5 g
1938 A A
So. Paciflo, N.M.— 6g
1911 J A
Tenn. C. I. A By.—Ten. D., Ist, 6g A A
Birm. Div., 6g
1917 J A
Tex. A Pac— Ist, 5 g
2000 J A
2d, income. 5 g
2000 March.
Tol. A. A. AN. M.-6g
1924
Tol. A Ohio Cent.- 5 g
1935 J A J
Tol. Peo. A West.— 4g
1917 J A J
Tol. St. L. A Kan.
6g..l91« J & D
Union Paoiflc— 6 g
1899 J A J
Siuklngfund, Ss
1893
CoUat. trust 419
1918
Gold 6s, col. trust notes. 1891 F A A
Kan. Pao.-Den. D1V.-6 g.l899
lBtoon801.,6g
1919
Oregon Short Line— 6 g..l92J F & A
Or.S.L.AUt'hN.- Con.5 g.l919 A A O
U.P.Den.A Gulf con. 5 g.l93y J A D
Union Elevated— 6 g
1937
VirginiaMid.— Gen. m.,5a, 1936
do
stamped guar.
Wabash— Ist, 5 g
1939
2d mortgage, 5 g
1939. F A A
Debent. M., series B...,.1939
A
West Shore— Guar., 48
2361
&
West. N. Y. A Pa.— 1st, 5 g. 1937
A
2dmort.,3g.,5so
1927
A
West. Un. Tel.— Col. tr.,58.1938
A
Wis. Cent. Co.— Ist, 5
- „
g..
1937
A
Income, 5 g
1937

MAS

MA
MA

.

MA
MA

MA

MAN

C—

Feb. 118 May
67T8 Jan.
6II9 Apr.
126% Jan. 132 June
103 •• Jan. 106 Feb.
10114 May 1 05
Mar.
123 19 Jan. 129 June
107 "9 Mar. 110 Feb.
120 May 12314 Apr.
IIII9 Apr. 115i4Aug.
95 Jan. 100 June
Ill July llSig June
125 Jan. 130 June

109 Aug. 112% July
134 "4 Mar. 139i4july

02 19 June 106i4May
122i« Aug.

II714 Apr.
10419 June
110% Apr.
100 J«n.
103 Jan.
116 Apr,
98 Apr.
93 Apr.
91 Feb.
115 Jan.
112% Apr.
106'* July
7314 June
7619 Apr.

94 19
105
Ill
110
106
61
62 19

SECURITIES.

(Stock Ezehange Prica.)

^IfiS^i'A"'-"^"'
AaaDtto
A Dan >%-!
fiJh V^r^^
MU
A Ohio— ^M, gold

f'- K"ar..l928
st g. , 68 . . 1 9 1

'^-J^i- 6s,. 1907
Isi, 68, Park B.1919

W

v»'"A'2i;5"'

'<

1925

58-""-"l988

"-"•"'"
"Me
mil iTiuay;
II
• price
lUese are the
II

I

B.A0.8.W.,lst.g.,4i,8.. 1990
Monon. Kiver, lstg.,g. S.s 1919
OeuflOhio Reor.—ist, 419s' 1930
Ak. A Ch.J unc - l8t.g,5s,gu 1930
Boat. H. Tun. A W.-Deb. Bs 1913
Brooklyn Elevated— 2d, 3-5s 1915
Brunswick & W'n— Ist. e 48 1938
Bull. Koch. A Pltts.-Gen.,
58. 1937
Boch. A Pitts.- l.-it, 68...... 1921
'"J
do
Con .wlidai'
Cimsolldat'dlstVes"
1922
latest QUoiauon. made this
wee*;

Bid.

•

Mar.

96 19 May
95 Jan.
119 June
116i9Mar.

m80%

Apr.
Jan.
Feb.
Feb.
Apr.

May
Jan.

108%

Jau

II519 June

105%

Jan. lOS'e Juno
IO2I4 Aug. 110
Feb.

100
68

108 Jan.
71i9Mar.

Apr.

Aug.

90% June

83ifl

79

Aug.

'4

72% July
67

86I4
112
85
June 100

Feb.

June
Jan.
Feb.
Feb.
Feb.

79
46%b.
80

75

9519b.

94

May

83
100

107

July

108% Jan.

107

b.

72%

4114 June
76% Jan.

June
Mar.

08i«b. 107 le May 10919 Feb.
105%a. 104i9.Tune 109 Mar.
86I9 Mar.
84>90. 83% Apr.
11314b. Ill
June 115 Apr.
11314b. 111
May 115 Apr.
106 b. 106% Jan. 111 June
69 19
67 July
721s Jan.
31
27 July 37i4Jan.
11919a. II6I9 Jau. II919 Aug.
122 b. II8I9 Jan. 123i9Juue
10014b. 97
Jan. 103 Apr.
go's May
88 a. 87 14 Jau.
75 May
68 b. 65 Apr
70 Aug.
69
61 Jan.
03 b. 90 Apr. 97 July
106%b. 106 Apr. 108 19 Mar. I
22 Jan.
14 Apr.
101 Feb. 107 14 June
103
114=8b, II214 Jan, 116
Mar.
99 b 99 H M,>r. 102 Mar.
106 b 10119 Jan. 10819 June
97 June
93 b, 89 Feb.
9319b 91 Jan. 100 June
8519 May
lab
July
76%
80
3419 Mar.
28 19
25 July
104
96
July
Feb.
98 b
108 a. 10219 Jan. 10919 June
Jan.
82%
June
80 b. 77
92 Is a. 90 July 101 May

II419 June
110-9 Feb.
7419 Jan.
100 Jan.

I

llli9Apr.
114 Apr.
Juno 108 Jan.

b.
b.

102%b. 101
74 b 74 June 834 Feb.
69 b 69 Aug. 77 19 Jan110 Jau. 116'4Aug
116
85 Feb.
81 b 76 19 .May
87 Feb.
81 b 79i9Mar
105% IO318 Jan. 107 Apr,
79 19 Mar.
85 Jan.
80 "9
50 Jan.
36 14b. 35 July
10319
101% Jan. 105 Ts June
102 b. 99 Jan. 105 May
35% Feb.
32 b. 3 1 14 July
104 u.b. loo's Jau. IO6I4 JiuM
91 19
90 Mar. 9514 Jun*
•3219b. 32 June 42 '9 Jan.
t

Coupon oC

12

SECURITIES.

& St. L.— l3t, 7s, gu..l927
lowaC. A West.— lst,7»....1909
Ced. Rap. I. F. A N., let, 68.1920

Bid.

105%
"96

Minn.

107
102 19

94 >9

101% 102
119
116

June

102% Aug.

Burl Ced. Rap. ANo.— Ist,5s.l906
Consol. Aeollat. trust, os... 1934

IO319

Jan.

108% May

82
103

Latest price this week.

Ask.

105

116
107
119

Mar. 115 June
Jan. HI 14 May
June 66''8 Mar.
Apr.
66 July
9919 June 10419 Feb.
71i4Jan.
64 Apr.
\0^''» Jan.
112 Jans
90 May
96 Feb.

NEW YORK STOCK EXCHANGE PRlCm-iContlnneil-INACTIVE B0NDS~AU7UST

BECUHITIES.

109i9May

iim 110% Jan.
MAS
106 Mar.
MAN 107%b.
70 May
69
93% Jug.
93%
MAN
109 Feb.
IO8I9 Jau.
MAN HI
109

MAN
MAN
MAN
MAN

•'

b.

UighesU

LoweMt.

112

Jau.
77l9l>.
Feb.
6919 Feb.
70 '9b. 53% Feb.
Feb.
Feb.
64%
37 Jan.
8OI4 Jan.
J A J 84%
J A J 108 19 1105 July
A A O 7919
75 Apr.

.

Railroad Bonds.

1898.

Otofng Hange (itUu) <n 1893.

79 June 83 May
4519 July
54% Jan.
106 19 May 109 1» Apr.
A N* 11514b. II219 Jan. 116 Jan.
nOjOrUo.— l8t,ex.,4g.l938F A A '96i9b. 97 Mar. 100
Jan.
extended 5a
1938 J A J 106^a 1102% Jan. 109 June
Hon—" l> " Indicates price bid ; " a " ^^"^ '"'*'' *>« Rangn is made
up from actual sales only.
„_
1990 F

..'"™**',5

Mo. Paoiio— Ist, con., 6

18.

il9'

1st, 5s
1921
C.Ohio— Jol. ACin.M.lst,4i9S.1939
)ent. RB.
Bank.—Col. g.58.1937

A

Chat. RomeA Col.— Gtd g
1937
Jent. of N. J.— Conv. d«b., 68.1908

ioi'

101

90

105
95
9219

90

Aconwr

THE CHRONICLR

1899.]

It,

251';

MEW VORK STOCK BXCaANttB PRICEH.—INAOTIVB BOlfDS—fConHnu*d)~AUaUST
BECURrriGB.

Bid.

106
18»6 106 H
1897 108
1900 100

CHntrnl faniHo— UolU b<U, 6i, 189&
OoliI boniln,
Gold homlr.,

BAn

6ii
<i«

Joitniiiii Br.,tf8

Mort.

(Tolil !»»

Land

KrHnt.

C.

&0.

.'Ss.

1939 99
1900 102

t

DIv., ext..

ST.

19 IS

»8

1809
Weal. P»eino— BuuUH.tis
Wo. Kail wit; {»;al.)—l«t, 68.1907
1931?
BO.year Sb
Olies. & O.— Piir. M. fund, B9.1898
68. (told, t»T\r*

imw

A

CralK Valley— Int.

Warm
Ohra. O.

eiir.Vai

.

& bo. » nat

K 58. .1941

— l8l

6a. r .

2d.««

l!' 1

104

1911

01i.V.-Ofn.ioi>.let,iiu.g,5».193&
Ohtuafro A Aitmi— IbI, 7ii
1893
BlnUng fund, 69
1903
liOuls. <k

2d, 78
L. Ja<'ks.

A

Debi'utiirn 'i
1890
Cblo. Burliug. A (i.— 58, e. f..l901
Iowa Uiv.— Sink, fund, 58. .1919
BinkiuK fund, 4a
1919
Plain, 4s
192
Ohio & Indiana Coal— 1st 58.1936

&

Mil.

81,.

US',

Isi,

Mlaa.R. Kridi;t^l><i,n. (.,€« '91-;2
Ollli'. Burl. A Nor.— l»t, 5b. ...1926

109
105 1«

104 "i
106

95

8sH

P.— l8t,88,P.D.1898 •117S

U

189b 123
D
1902
111, La Cru9.<i« Division, 78.1893 122V
l8t,I. A M., 7»
1897 I •4>«
lie, 1. dt D., 7s
1899 1241$
lBt,C'. AM., 78
1903 125
SI, 7 3-108, P.
lu, 78, *B., K.

lit,

I.

A

m. La

D. KxtcnBion,7fl...l908

(J. A Uuv., 5b
1919
U. A D.,78
1910
H. A D., .is
1910
Obicago A Pacitlo Div., 63. .1910
Mineral Pnini DIv. 5s
1910
0. A L. Sup. Idv., 58
1921
Fargo A South., 6s, Ae»u...l924
Inc. conv. sink, fund, 5s
1916
DikoiaAtJt- South.. 5.1
1916
|\Ii). A>or. main line— 68. ..1910
iR'.AN. W.—3o year deb. 58. 1921
•'Bhcaual'.'i iV L. B. lot, 68
1901
F'DesM. A .Minn.— l8i, 78....1907
Iowa MWIiiud— l8t, «8
1
1900
( iPenmsula— Isi, conv., 78... 1898
(«Otalo. AMilwaukce—l8t, 78.1898
1907
JiWin. A 81. P.— 2<1. 7s
« Mil. A Mad.— lai, 6»
1905
yOit. C. F. A St. P.— l8t,58.- 1U09
.Vortbern III.- Ist, 58
1910
b.Pfo.A8t.L.—i:on.l8t,g.58.1939
OR.I.AP.-U.M.AK. U. 18148.1905
iBt, 2ia»
1905
Extension, 49
190o
Keokuk di l>e>s .M.— let, 5o.. 1923

lit,
iBt,

Bid.

SECUBITIES.

Aik.

127 1«
102>»
12o»e

118
103
110
'll7^
1

5',

109

1-2
126'-.

n

8»
121
102**

101

llUa
109

124
119

•041s

—

121

96V
si"

• 1 1 1 '8

103 >i 105>»
•95

70 « 74
104>a

140

138
132
135
ll8>s 121

110 '4

mis'

.

102
11418 lieiir

110
7019

96>»

85

78

'.

iVs
128'.

AMa

112

N.Y

lotm

N, Y. K. A M.

.Beach.— l8t,

Rioh.AW.Pt.Term.—69.

1897

73,

B.— l9t con. Ss.g. 1935
BrookruAMoutauk- l8t,6s. 1911 117
101 >«

iBt, OS

—

—

—
.

.

an

95

C—

—

prie> #Bui>yi uu»«i

94
•90
100

—

Col. tru9t

10614

106
b5'»

108
109
108
118>«

60
112
10.

»«

103
100
102
V4'8

ia« Imiesi (^noUtivBa ouMte Uiu weea.

.08,

1914,

iba'

'97, ir. rec.

tr. reo.

.

RloGr. Junct., 1st, guar.,g.,08. 1938
84>4
Rio Oraude So.— 1st, g., 5s. ..1940
1925
St. Jos. A Gr. Is.- 2d ino
38
68
Kan. C. A Omaha— 1st, 58..1927
87
71
110>« St. L. A. A T.H— 2d pref. 78.. 1894 101 »8
2d m.lnc. 78
1894
105
114
62 «
Dividend bonds
1894
112
Bellev. ASo. lU.— l3l, 88. .i89i
1923
Bellev. A Car.- l9t, 69
110
Chi.St.L.APad.— I8t,gd.g.59l917
St. Louis So.— l9t, gd. g. 49.1931
112'e
70
do
2d income, 5s. 1931
1932
Car. AShawt.- Istg. 48
106
St. L. A S. F.— 2d 68, g., cL A. 1906 lUt
102I3
1895 100
Equip., 79
92 If
1931
General 59
l9t, tru9t, gold, 59
1987 *80
75

07

1990
Consol. guar., 48
Kan. City A 8.— Ist, 69, g...l916
Ft. 8. A V. B. Bg. -l9t, 69... 19 10

95

.

Ho

ka.

101
•98

On

1911
8mithtownAPt.Jeff.— l9t,79 1901
Loui9.Evan8.A8U L.—Con.59.1939
L0UI9. ANasb.- Cecil. Br, 78.1907
100
E. H. A Nash.- 1st 68, g....l9l()
Oale.St. P. A Miuu.— lBl,6»...19l8 121% 125
Ponsacola Division, 69
1920
St. Paul AS. C.-lat, 6»
1919 124
St. Louis Division, Ist, 63.. .1921
Ohlc. A W. Ind.— iBt, b. 1., 68. 1919
2d, 39
1980
General uiurimtKe, 6s
1932 116% 1164i
Leb. Branch Extension .. .1893
Chic. A West Mich— 58
I92i
Na9hv. ADecatur- Ist, 79..190O
Oin Uaiu. A I).— > 'on. s. f., 8.1905 i23
8. f.,6s.— S. A N. Ala
1910
2d. gold, 4i«a
1937 •95
10-40, gold, 69
1924
au. D. Alr'n-lBt.gu. J8,g.l941
193"
100
50year59, g
Oln. Jack, a Mac— ibI, g., 59.1936
Pen9. A At.- Ist, 69, gold. ..1921
Oler. Ak. A Col.- Kq. A 2d 6e.l930 "96
Collat. trust, 58, g
193
aO.C. ASt. L., Cairo div. -4b, 1939 91
Lou.N.Alb.ACh.— Oen.m.g.59.1940
8t.Lou.l>lv.— lolcol.U't48,g.l990
91
Lou. N. O. A Tex.— l8t, 49. ...1934
Bprlng.Acol.Div.- li.i,g.48. 1940
2d mort., 59
1934
WUlteW.Val.Ulv.— lBl,g.4B. 1940
Louis. St. L. A Tex.— 2d g, 69. 1917
tIn.Wali.AM.Wv.— l^t,"g.4s.^991
89\ 90'« Manhattan Ry.— Cons. 49
1990
Uln. I. St. L. & i.^- li>i,g.,4B.1936
94>« Manlto.S. W.Colonlza'u— .^9 .g. 1934
94
Consol ,66
1920
Memphl9 A Charl.—69, gold.. 1924
Cln.San.ACl Con. l »t,g.59, 1928
Ist con. Tenn lien, 79
1 15
OLCul. Cin. A Ind.— Isi, 7s,8.f.l899 116
Mexican Ceut. C01190I. Is, g.lOli
Consol. eink. fuud, 7»
1914 130
1st, eons, lucome 3s, g
1939
Oleve. A Mah. V.— UoW, .58... 193b
Mexican National— l.st, g., 6s. 192'
Colorado Midland— isi, «., 6s.l93b lOs
lOfc**
2d, income, 69, "A"
1917
Columbia A Ureuu.— l8i,68...191b
110
Michigan Central—6s
1 909
2d, 68
1926
Coupon, 59
1931
Dil. Lack. AW.— lort. 7s
1907 135
Mortgage 48
1940
Byra. Biug. A M. Y.— Ist, 7B.1906
Mil.L.B.AW.—
i.'onv.deb.,
132>a
5S.1907
Morris A liasex— Isi, 78
1914 141>« 142 •«
Mich. Div., Ist, 68
1924
Bonds, 7b
1900
Ashland Division- 1st, 6s ..1925
78 of 1871
1901 122>«
Incomes
let, con., guar., 78
1915 138
Minn.A St. L.— Ist, g. 7b
1927
Del. A Hud. Can.- oupou 78,1894 108Tg 109 >s
Iowa Extension, Ist, 78
1909
Pa. DiT., coup., 78
1917 1421
2dmortg., 78
1891
Albany * Busq.- lot,gu.,7» 1906
i'sd
Southwest Ext.— l9t, 7s
1910
l8t, cons., guar., 68
1V06 iiyij
Pacitlo Ext.— 1st, 68
1921
Beus. A Sar.- loi, cuup., 7s.l J^l 142 •«
Impr. A equipment, 6s
1922
UraverCity Cable— lai, 6s... 1908 •»9 101
Minn. A Pac.— 1st mortg., 09. 1936
Denv. AR. O.— Iiu|i.,g., 5s...l928
80
81% Mlun.St.P.AS.S.M— l8tc.g.48.1938
Dulmh A Iron Kuuge— let 58.1937
Mo.K.AT.— K.C.AP., Ist,49,g.l990
B. leuu. Va. A lia.— Isi, 78...1900 il6>a
Dal. A Waco— l8t,5s,gu....l940
DhiBiouul 5b
1930 101
Mi99ourl PaciUc —Trust 5s...l91'7
Ist ext.. gold. 5s
19S7
&i
64
let coll., 5s, g
1920
£q.Almi>..g.,a,
19a^
72 >,
St.L.AL M.-Ark.Br.,lat,78.189.j
Mobile A BIrui.— l8i, g.,5e..l937
87'
Mobile A Ohio— Ist ext., 6s.. .1927
Alabama Ccniral— 1st 6b. ..191s "97
Is, guar
1931
St. L. ACairu
Erie- Ist, ex teudru, 78
1897 114>4 115
Morg&n's La. A T.— 1st, Us
1920
2d, ext4-'nded, os
1919 117
l8t, 78
1918
SU, extended. 4si9
1923 108
Nash. Chat. A St. L.— 2d, 6.''.. 1901
4lh, extended, d.i
.1920
New Orleans A Gulf- Ist, 69 1926
6th, exieuUed, Is
....1928i •101
N. O. A. No. E.— Pr. 1., g., i;.s.. 1915
let, con., g., i'd,7« ..,
....192o| 13319
1905
N. Y. Cent.— Deb. g. i»
Keorg., Isi lieu, o»...
.1908 112
N. J. June— Guar. ls(, 49... 1986
B.N. Y. A t.-ioi, 78
iulb 134 ••
Beech Creek— l9t, gold. 19. .1936
M.Y. L. L. A W.-i:oi.tr.,6B.1922 112
Obw, a Knme— 2d, dB, i;.,giLl9l5
Funded coup., jB
19tiy
80>< 92
Utlca & HI. Kiv. -4". g., gu.l922
Bun. A b. \\.-.Moilg. t>B....l«08 '100
N. Y. N. H. AH.— l9i, leg. 43. 1903
JelferBiin— lot, ^u. g. 5o
1909 104 1(»'-^ N. Y. A Northern— 1st, g., .J9.1927
CoalAHK.— 1.«
...
ij(.i2
2d. 48
1927
Eureka ovringB— »,t, g., 68...19J3
100
N.Y.Ont AWn.— Ist.refuu. 19.1992
*van9. A lil.-l9i,c..U9.,i.»..lii-Ji 122>« 1^3
N. Y. Busq. A West.- .ill. 4-ijs.l937
Mt. >«rnon— iBi un
19231
Gen. mort., 58, g
1940
Sol. Co. l-ram li-i>,, ^__ .ib.Ihjo'
N. Y Tex. A Mex.— l.-i, ls,;ru.l:»l i
*

Bid.

Cvans. ATDillan.— 1st, cons. .1926 108
North'n Pa«ll1o—DlTld'd scrip ext.
lint A P. Marq.— Mort., 69... 1920 123
James River Val.- Ist, Ss...in3ii
1930
iBtcon. gold, 59
Spokane A Pal.— Ist, 68
1930 100 >«
102i«
Port Huron -l9l, .'is
St.Paul A N. P.— Gen., 6s.. 1923
1939
fla.
191'' '102
HelenaARedM'n— lBt,g.,6s. 1937
APen.— Istg. 5s
Worth A R. O.— l9t g., 98. .1928 •72
DulutliAMaultoha— I st,g.68l 936
ItkX. Har. ABau Ant. — 1st, 6s. 1910 102
Dul.AMan Dak.Dlv.— I9t68.1937
Cccur d' Alene— Ist, 68, gold. 191
Oal. U. AH. A.— id niocl., 79. .1905 102
Gen. Ist, g., 6s
1938
We»t. Ulv.,2d09
1931
Cent. Washington— lst,g..08.193H
Ga. Car. A Nor.— Ist, gu. 5«, g 1920 100
1I0>< Uit. Bo. A Kla.— Isl, g. 69
192"
.6>« 77
Norfolk A West. General, 69. 1931
120
New River, 1st, 68
1932
Grand Rap. A Ind.— Hen. 5s.. 1924
76
Iran. A Kxt.,6s
1934
O. B. W. A8t.P.— iBtei-.rfcts.lft'l
•to
Adjustment M., 7a
1924
35
2d Income, tru»t reels.
Equipment,
1908
105»8
58
HousaOonic— Cons, gold 5s
19i>;
71 •«
Clinch Val. Ist 68
1957
N. Haven A Derby, Cons.59..191>112''e
RoanokeASo lat,gil. 58, g 19i2
nous. AT.
Waco A N. 78.. 1903 >122 128
Bcloto Val. A N. B.— l8t.4»..19»0
l8t g., 59 (Int. gtdi
1937 106 >s 107 >«
101
Ohio
A Miss— 2d oonsol. 78. .. 101
Cons. g. 69 (Int. gtd)
1912
Bprlng.Uiv.— I9t78
190?>
64 Hi 65 •«
Gen. g. 49. (int. gtd)
1921
General
116
53
1932
Debent. «s, priu. A lut. gtd. 1897
86
74
Ohio River RR.— I8t.58
1936
Dcbont. 49, prin. A int. gtd.1897
1041*
Gen. g.,59
1937
Illinois Central— I9t, g., 49 ... 1951
93
Oregon A CaUfor.— Ist, 99. g. 1927
l«t, gold, 3i«8
1951
97
Oreg. Rv A Nav.—Col.tr. g..5.i.l919
Cairo lirldso— 49
1930
98
Pan. Sliik.F'd Sui>9idy—69, p. 191
Springf. Div.— Coup, 68
1898 107
I-eun.-r.C.CA8t.L.Cu.g.4>«BA1940
Middle Dlv.— Reg., 59
1921 112
Do
Series B
do
C. St. L. A N. O.—Ten. 1., 79.1897 111
l9t, OOUBOl., 78
P.C.A8.L.-l9t,c.,78
1900
1897 111
Pitta. Ft. W. A C.— l9t, 78... 191
ICO
1907
2d, «9
2d, 79
1912
Gold, 59, coupon
1951 no's
97 »«
1912
Meiup Dlv., Istg. 49
1951
3d, 79
Clev. A P.—Con9.,B. fd., 79.190O
127
Dub. A 8.
2d Div., 7« ...1894
90
1942
Gen. 4'«8, g., "A"
Ced. FallB A Miun.— Ist, 7s.. 190
Ind. D. A Spr.— l8t 78. ex. cp. 1906 120^1
St. L.V.AT. H.— l8t,68.,78.189
2d, 78
1898
126>s Ind.D AW.— Ist.'ia. g..tr.rec..l947
29i«
1898
2d, 5e, gold, trust receipts. 1948
2d. guar., 78
129
Od.R.AI.Ext.— I9t,4<89.(».g.l941
Inc. M. 'londs, trust receipts
Int.AG.N'u— l9t,6s.g.,cou.otr. 1919 •109»« lli' Peo.AE.-Ind.B.AW.-lst,pt.7a.l90«
127'« Kanawha A Mich.— Mort. 49.1990
761*
Ohio Ind.AW.— lstpref.58..193s
105
Kan. C.Wyan. A N. W.— 181, 59. 1938 35
Peoria A Pek. Union— Ist, 63. 1921
50
1921
119
Kings Co. F.EI.,l8t.5,g..gu.A.1929
88 >« 92
2d mortg., 4'«9
Lake Erie A West.— 2d g., iis. 1941 lOi J« 101
Pitta. Cleve. A Tol.— Ist, 69... 1922
105'
L. 8h. A M. So.— C. P.AA.— 79.1892 102
Pltt9. A L. Er.— 2d g. 58, " A" . 1 92-,
il7i« Pitt9. Mc. K. A Y.— l9t 69
l!)3i
Buir. A Er.— New boudd, 78.189H 115
Dot. M. AT.— Ist, 7s
Pitts. Pain9V. A F.— l9t, 58...19ii
1906 124
Lake Shore— Div. bonds, 79.1891' 117^
Pltt9. Slum. A L. E. — I8l.g...')«.li)40
105Hi
Kal. All. A G. R.— l9t gu. 5:..193b
Pitta.Y'gst'uAA.— 1st, 58,cou. 19.17
LOO'S
Mahon'g Coal RR.-l»l. 5s.l934
Pre9. A Ariz. Cem.— iBt, 68, g. 191
11
gu.g.4i.j3.
<4
LehigUV.,N.Y.— 1st
2dincouje69
1916
1940 103% 104
Lehigh V. Term. -let gu .is, g. 194
112 11258 Rich. ADauv.— Debentui-e69.192
IJtchL Car.A Wc9t.— I9t69. g.l916
1909
Equip. M. 8. f., g., 5s
80
l^ng Island— 1st, 79
. 189^
116
Atl. A Char.- l9t, pref., 79.. 189
N. Y. A K'way B.— Ist, g. 53.1927
Income, 68
1900
do.
2dmortg., ino
1927
Wash.O.AW. -l9t.49.gu.oy.,1924
22%

C—

101 Tb

78.1900 115S
lOOti 112
Ohir.— 1 81.7R 1894 106 H,

Mo. Klver-

t.

OM.

101
109
117«t

99 ...19-tO

K..

let.

108

BECDBITIE8.

Aak.

13.

Kau9a9 Midland— Ist, 49, g.l937
Paul A Daluth— l9t,58....1931
1917
2d mortgage 59
St. Paul Minn A M.— Ist, 79. .190V'
1909
2d mort., 69
192^
Minneap. Union— l9t, 69
Mont. Cen.— l9t, guar., 69.. 1937

109
106

St.

100
95

108^
118-> 120

116

1937
l9t gu.ir. g. 59
East. -Minn., l9t div. Ist 59.1908
59.1919
San Fran. A N. P.— 1st. g.,
1931
South Carolina 2d, 69
80. Pac. Coa9t^-l9t, guar., 49. 1937

37's
118

rer.RR.A9'n of 8t.L.-

Texas Central— 1st, b.

123
110

let

68

90"

103

lOi

I8t,4's8. 1939
f., 78... 190;'

mortgage, 7s

1911

Texas ANew Orlcan9— 191,79.1905
1912 1041s Sabine Divl9lou, l9t, 68
113
Third Avenue (N.Y).— lat 59, 193,
102>a
1917
129 ISO's Tol. A. A. A Cad.— 6s
'o's'-i 100
106
Toledo A. A. AG'dTr.- g. 69.1921
1919
102 •« io4's Tol. A. A. A Mt. PI.—68
1940
90
Tol. A A. AN. M.— 58, g
•lulls
1928
Del.—
Ist,
uoa.,6.,5».
Ulster
A
"
'76
l8J(j 10ti>s
Union PacitlD— lat, 68
108 -li
189
Ist, 69
8719
86
1898 110
l9t, 63
1908
Collateral
Trust,
6»
s's"
1907 "i%
88
104
Collateral Trusi, 5a
Kanaas Pacitlo— Isi 69, g...l89.") 105
lli
125
131

i32'

r

l9t,69. g
C. Br. U. P.— F. c, 79
Atch. Col. A Pao.— lat,
Atch. J. Co. A W.— lat,

112

18»<>

108

1895 loo

.1905
81
89
6.9... 1905
103
74
U. P. Lin. ACol.— lat.g.,59. 191s
73i»
Oreg.8.L.AU.N.,coi.tr8U,59.19l9
1908 100 110
101
Utah A North.— l8t, 79
1926
Gold, 59
101
Utah Southern- Gen.. 78 ..1U09 100 >s
i'03'>« 104
1909
Ot-*'
Exum., l9t, 79
162" Valley R'y Co. of O.— Cou. 68.1921
iioa
•50
1939
Waba9b— Debenture. Bor. A..
106
1895 Io6<4|l07
No. Mi98ouri— Isi, 79
"iiht 98
Bt.L.K.O.*N.— R.E.ARR.7a.l89.> 108 <•'
63
83I4
8t.Charle9 Br'ge— lot.69. 1908
83
84
Weat. Va. C. A Puis.- l9t.«8.191 1
88
Whcel.AL.E.— l9l. 68. gold... 1926 108 >• IIU
I2514

69,.

.

.

I

Vor AUacelUkae«<i».&

Kxfell^inn

A

luio. «., ^s

r»:<tl

92'« .....

IJnliDied isouU;*—aiM 3d ya^ pr«o«<UBC>

THE CHRONICLE.

252

'

[Vol, LV.

Latest Earnings Reported

BO.U>8.

Ittwjestmjent

Week or Mo

Ain>

GnU A Chicago.
Great North'nSt. P. M. & M.

vie.,

January, March, May, July, September and November,

and

furnished without extra charge to all regular sub-

is

Chbonicle.
The General Quotations of Stocks and Bonds, occupying
fix pages of the Chronicle, are published on the third
$eribers of the

SaUii'day of each month.

2,171

July.,

Montana Cent. July..
Tot. system. July..

Humest'n&Sben July.
Hutch. &South'u July
Illinois Centr'i.. July
Ind.Dec.&We3l July
In. AGt.North'n IthwkJuly
JInteroo. (Mex.)

WkJulyl6

Iowa Central

1st

WkAug

Iron Railway... July

Pk'nT.T.&K.W. June
Kanawha&Micb IthwkJuly
Kan.C. Cl.&Sp. 4thwkJuly
K.C.F.8.&Mem, 4thwkJuly
K.C.Mem.&Blr. IthwkJuly
Kan.C. Wy&N.W Juue
Keokuk A West. 4thwkJuly
L.Erie All. A 80 June
L. Erie A West
1st WkAug
Lehigh* Hud.. July
.

RAILROAD EARNINGS.
Latest Earnings Reported,

Jan. 1

1891.

1892.

BOASS

1892

Weekorito]
1

215,358
& 8. Fe.. 4thwkJuIy 978,531
47,284
Halt owned... 4tliwkJuly
Total system. 4HiwkJuly 1,023,814
BtL.&BaDF.. 4tliwkJuiy 231,646
46,<)54
Halfowned.. 4tlnTkJiily
Tot.8.L.&S.F.,4tliwkJuly 278,300
Agg. total .. 4tliwkJuly 1,304,111

A.toli.T.

50,990
8,446
28.632

Atlanta & Flor'a July
Atl«Dta&W.Pt. June....
B>dtO.E)astLinee June
Western Llnea June
June
Total

to

Latest Dale.

1891.

$

Alleelieny Yai.. May.

AUanta&Cbar.' May

Lehigh Valley..

964,601
197,3951 1,001,084
959,556 18,970,293 17,700,059
38,163 1,026,214
970.,S30
997,718 19,996,511:18,670,890
21.5.516 3,723,289 3,621,375
951,2^5
37,504 1,005,065
253,020 4,728,353 4,572.600
1,2.=>0,738 24,724,864 23,249,550
57.034
303,962
341,553
7,985
27,559
208.792
217,082
1,544,010 9.214,489 8,729,018
455,592 2,927,033 2,036,837

1,571,405
459,1
2,030,583 1,999.603 12,141, .542 11,365,855
BaL&O.Sontbir. ItliwkJuly
69,413
78,468 1,441,520 1,310,060
Bathd^Ham'nde June
1,790
1,504
10,337
9,033
Blr. & Atlantic. July.
3,233
3,463
23,787
30,274
Blr.Sh.&Tenn.R June
21,206
17,941
110,476
92,294
140,<t20
Brooklyn Elev July
135,092
63,600
60,224 1,840,329 1,593,288
Baa.Booh.c):Pitt 1 St wkAug
BoT.C.Rap.&K July.
315,055 272,673 2,256,739 1,880,264
Oamden AAtl. June
77,626
76,670
299,803
304.241
OuukUanPaoiflc let wkAug 416,000 391,000 12,038,439 11,103,056
Oar.Cnm.G&Cli. June
1,143
3,330
16,095
21.853
Oar. Midland... July.
6.006
6,197
31,868
33,832
OentralofN.J.. June
1,194,099 1,250,443 6.740,213 6,505,268
OantralPacmo.. June
1,332,641 1,495,162 6,794,520 7,669,697
Central of B.C.. May.
6,506
5,608
41,238
43.501
Oliar.Cln. AChtc July.
9,500
13,375
79,310
85,571
Obarlest'DcbSai' May.
53,421
61,591
310,027
369,871
dhar.Som.&No. July.
9,100
8,630
79.966
57,873
Oheraw. ADarl. June
4,399
5,411
38,336
52,351
Oheraw.&Salleb May.
834
1,127
8,649
11,762
OheB. AOlilo.... 1st wkAug 205,167
206,215 5,284,493 5,083,770
Ohes.O. AS. W. 3 wka July 105,669 133,011 1,147,046 1,216,042
C3hlc. Bur. & No. June
152,963 157,387
971,861
967,453
Ohio. Burl. Si Q. June
3,326.296 2,609.198 18.236,840 14,769.587
Oblo.*£aet.m. 1st wkAug
93,700
89,000 2,296,663 2,162,286
Chicago & Ene. June
202,137 210,132 1,364,272 1,224,414
Chlc.Kal.&S... June.
23,947
24,468
Ohlc.MU.&8t.P. Ist WkAug 624,926 5i2,6<4 18,072,397 15,129,990
CUc&N'tbw'n. June
2,970,238 2,375,595 14,863,196 12,160,353
aUo.Peo.dt 8. L.I Ist WkAug
29,967
20,595
735,188
632.216
Chlo.R'kL&P... July
1,475,167 1.376,919 9,556,765 8,554,447
Ohlo.St.P.AK.C. ItliwkJuly 125,844 126,892 2,670,927 2,364,083
t]hlc.Bt.P.M.d[0. June
768,987 576,274 3,955,461 3,218,923
Ohio. <kW. Mien. itnwkjuly
49,636
53.048 1,078,154
955,484
CI]l.Qa.& Porta. July
6,248
6,152
37,286
36,204
ObuJaokAHao. 4th wk July
19,318
19..579
377,325
4i>9,223
an.N. O. AT. P. 4th wk July 136,283 142,813 2,410,035 2,443.909
Ala.at.8outh. 4tbwkJuly
57,903
60,058
984,974 1,063.378
H.Orl. &N.E. IthwkJuly
54,487
36,792
702,563
632,359
Ala A Vicksb. IthwkJuly
25,684
19,658
344,776
341,165
Vlois.Sb. &P. 4tbnk,July
17,100
17,943
295,372
321,229
Erlanger Byst. 4tbwkJuly 239,457 277,295 4,735,720
4,802,441
Onn. North w'n. July ..
1,828
1,474
11,418
11.854
On. Poru. 4 v.. July...
22,641
23,500
134,811
129,251
CoL A. Maysv July...
1,103
1,145
8,083
6,998
On.Wal>.<](Micli. June..
71,725
65.122
391,133
310,555
Oav.Akron&Col IthwkJuiy
24,223
29,980
554,295
530,171
Clev. Can. &So. June
81,866
71,271
373.080
314,039
OtCln.Cli.AH.L ItbnkJuly 427,628 410,201 7,713,501
7,480,364
Peo. (h East'n. IthnkJuly
53,801
56.034
991.720
893,502
OleT.A Marietta July
24,292
25,049
180,903
191,176
Color. Midland. IthwkJuly
61,103
71,226 1,217.834 1,101,202
OoL H. V. Si Toi. July
277,582 313,733 1,831,353 1,690,578
CoL8hawuee&U July
56,237
55,961
384,848
279,303
Colusa A Lake. July
2,280
2,749
12,361
13,485
Qonn. River
Juue
101,552
92,528
582,970
516,276
Ourrent River. IthwkJuly
4,263
4,357
106,823
87,633
DenT.&RloOr. IstwkAng 181,300 175,000 5,139,227
4,794,038
DeaM.Ho.
July
33,376
24,796
224,331
173,116
DaLBay l'.AAii> July
27.100
41,771
210,011
281,052
Det.Lana'K&No 4tUwkJulyi
26,149
33.235
653,207
660,030
DnlnthB.aAAti 3d Wk July
62,024
64,479 1,192,759 1,084,804
DnlathA Winn. July
8,233
6,262
71,224
13,596
E.TennuVa.AOa July
438.549 545,991
Elgin Jol.4i£aat July
67,494
65,853
463,936
376,096
XTans.&Ind'pllii 1st WkAug
7,655
8,236
210,372
201,.-)33
KransT. A T. H. 1st WkAug
30.041
23,131
738,295
705.462
Vttehbnrg
June
653,149 605,780 3,533,333 3,307,217
lUnt.aiP.Uara 4tbwkJuly
61,224
68,737 1,682,102 1,636,199
Florence
IMay.
1.623
1,752
17,363
22,236
ru W. A Rio Gr ItbwkJuly
7,546
7.333
196,412
121,448
0».Oar'U*»o.iMav
17,540
7,776
69,121
51,220
OtotfOM. RB.....;junc
100,268 111,286
695,038
904,974
6*0. Bo. APla.. July
61,864!
78,«8H
431,443
4?7.038
Oeorget'nAW'oiMaT
4,063
3,786
20,696
18,299
ftl.Bajp.AInd.. .llh'vkJulv
66,950
73,165 1,406,997 1,342,892
Oto.E.AFt.W.|4lhwkJulyl
14,915
14,333
273,605
246,762
OthatUnes. ..kthwkJuly
5.409
6,917
133,583
132,337
To'fl "U lines 'IthwkJuly
86,874
93,720 1,813.783 1,721,010
^MlflTrunk. ..I Wk Ju]y30 388,948 378,396
10,906,399
10,453,722
flto A Gr.Tr. Wk Julyao
59.944
65,288 2,168,283 2,077,001
Pt^H.H AK.' Wk Ju;y30' 21.154 .34.386 655,555
623.631
I

.

.

AW

I

I

,

'

1891.

May

L. Rook A Mem. 4tu wk July
Long Island
1 St WkAug

— May

Jan. 1

to

1892.

Latest Dots,
I

s

S

July..
East, of Minn. July..

pages
The Investors' Supplement, a pamphlet of 150
Railtontains extended tables of the Stocks and Bonds of
and statistics conroads, mnd other Companies, teith remarks
ttming the income, financial status, etc., of each Company.
every other monthIt it published on the last Saturday of

1892.

2,864

19,192,

I

1891.

i
20.766

984,631 825,016 6,573,482, 5,134,403
119,048
72,896
591,127
487,842
74,688 103,406
615,806
725,865
1,178,367 1,001,318 7,810,414 6,343,110
9,500
13,295
77,700
88,699
10.224
7,153
49,018
36,047
i;468,3S0 1,501,856 10,479,105 10,063,149
43,614
51,180
259,813
260,166
100,609 104,172 1,957,163 1,990,986
29,748
32,769
33,979 1,050,194
940,384
2,602
2,359
19,244
20,680
47,435
44,851
466,712
449,496
9,857
8,279
213,515
176,592
5,836
6,243
178,609
168,743
106,492 108.433 2,760,7
2,580,565
22,512
27,353
594,928
636,202
21,034
20,102
159,910
136,264
8,594
9,794
214,096
216,587
6,544
39.513
34,974
5,688
67,840
86,910 1,959,045 1,843,670
40.083
37,472
243,769
238,556
1,567,463 1.434,110
9,937
11,341
142,085 139,791
32,348
33,771
32,292
35,183

320,970
358,289
2,526,927 2,412,873
170.477
154,588
Louls.Ev.&St.L. 1st WkAug
770,33
866,345
Loulsv.&Nasbv. 1st WkAug 481,800 410,495 12,377,447 11,163,619
Louis.N.A&Ch. 4ibwkjiily
88,119
85.368 1,77!, 395 1,537,819
Loulsv.N.O. A'l. 4tbwkMay
55,788
72.337 1,423.762 1,483,424
Lou.St.L.&Tex. 1st WkAug
13,3 19
10,132
376,513
290,136
Memnhis&Cba.- July
105,437 124,733
776,057
838,099
tMexicanCent.,, Isl wkAug 132,23'>
123,t31 4,590,496 4,150.003
76,233 2,453,0.39 2,479,706
(Mex. National lat wkAug
82,097
48,000
73,997 l.S06,3'^0 2,413,581
IMexlcan R'way Wk July30
Milwaukee A Ni 1 8t WkAug
33,400
964,511
34,666
973,669
MineralHauge.. July.
11.298
70.26 i
15,19,5
78,763
173.676 151,831 1,080,949
896,917
Miuneap. ASt.L: July.
A8.S.M.
284,39
203.136
1,150.103
M.Sl.P.
July.
1,661.415
Mo.Kan.&Tex.t Ist wkAug 185,229 177,452 5,157,195 5,075,842
Mo.Pae.&IronM 1st WkAug 501,000 459,000 14,937,000 13,884,000
Mobile A Ohio. July
243,840 26tj,333 1,893,897 1,978,862
293,593
MontereyitM.U April
57,970
297,601
72,333
Nash.Ch.&Stl... July
430,035 530,454 2,912,184 2,398,759
116,512
101,837
N.Jersey AN. Y. May
26.980
23,123
7,135
11.503
75 518
97,093
New Orl. A So'u July
rOS.Y.C.AU.K July.
3,793,039 3,713,430 25,176,848 3,823,874
2.74'i,729 2,534,491 14,79J,203 13,735,924
N, Y, L. E. A W. June
5J9,742 581.826 3,38-.i.035 3,142,828
N, Y. Pa. & Ohiu Juue
N. Y.AN.Eng.. March
475,537 481,930 1,360,383 1,345,771
232.074
30j,826
56,883
47,688
N. Y, ANorthu. July
63,331 2,024,700 1,738,852
N. Y.Ont AW.. 1st WkAug
74,320
790,134
752,978
N.Y. 8usq. A W.. Judo
155,062 155,373
223.363
Norf. & Soutb'n. Juno
42,669
5,550,320 5,166,383
NorfolkAWest.. 1st WkAug 214,185
422,953
363,918
N'tbea»t'n(8. C.) June
41,221
44,515
576,817 3,328,480 3,175,603
Nortb'n Central. June
565,171
Northern Paoltli' 1st WkAug 500,167 439,567 12,891.834 13,153,974
Wis. Ct. Lines. 1st WkAug
109.775 110,214 3,271,581 2,917.940
N.P.A W.Cent. 1st wkAug 609,9 12 399,780 16,166,419 16,071,913
OhioAMiss
103,325 105,544 2,374,833 2,391.409
Ist wkAug
378,339
366.162
16,275
ObioKtver
18,325
IthwkJuly
341,490
306.160
46,729
47.673
Ohio Southern.. luly
223,600
177,433
31.246
Omaha A St. L.. May
38,66)
349,200 329,443 1,823,180 1,863,745
Oregon Imp. Co. Juiie
Pennsylvania .. Juue
5,592,335 5,440,655 32,693,452 31,475.411
515.987
491,477
18,865
PeonaDeo.AEv. l.^t wkAug
18,986
280,957
287,768
42,847
48,335
Petersburg
June
Phila. A E'rie... Juue
419,927 463.276 2,326,743 2,289,387
Pbila. ARead'g. June
1,917,296 1,820,349 10.731,527 9,914,804
CoalAIrouCo. June
1,851,600 1,663,421 10,133,917 8,436,821
TotalbothCos. Juue
3,768,902 3.434,270 20,968.474 18,331,626
Cent, of N.J. June
1,194,099 1,250.443 6,740,213 6,505,268
Lehigh Valley May.
..11,567,463 1,434,110
25',08'7
22,593
4,217
Pitts. Mar. A Ch. July.
2,253
131,716
173,494
27,220
Pitt.Sheu.AL.E. Juue
33,034
107.049
94,819
Plttsb. A West'u January...
94,819 107,049
29,371
38.017
Pilts.Ciev.AT. January...
29,371
38,017
15,589
15,116
15,539
Pitts. Pain. A F. January...
15,116
Total system 1st WkAug
47,626 1,409,101 1,289,183
42,014
422,399
687,410
Pitt.Youug.AA. Juue
113,532
156,168
175,652
103,434
19,394
14,922
Pt. Royal A Aug. May
190,648
110,9J0
Pt.Koy.AW.Cai-. May
21,230
15,023
75.016
74,397
Pres.AAriz.Cen. July
16,830
13,090
141,357
149,210
QuincyO.AK.C. July
21,204'
18,619,
526,900
432,900
Rich. ADauvilie. J au'uary. .
432,900 526,900
133,300
141,5O0[
Vir. Midland. .' January...
141,500 183,300
95.700
68,500
Char.Col.AAu.' January.
95,700
68.500
90.900
71,600
OjI a Greeny. January...
90,900
71,600
82,500
63.,5O0
West. No. Car. 'January. .
82,500
03,500
.
168,300
182.900
Georgia Pao . J auuary .
182,900 168.300
9,900
9,720
Wash. O. A W.. [January...
9,900
9,720
14,000
11,701)
Asbv. ASpa7t. January. ..
14,0j0
11,700
Total Sys'm.'July
917,430 1,107,020 6,986,986 7,703,829
163.848
178,772
Rich. A Petersb. Juue
29,4)7
31,720
126,886
317,364
Rio Ur'de South. IthwkJuly
6,867
19,791
1,428.877
RioGr. West... 1st WkAug
36,300 1,484,690
38,000
54,250
61.473
Sag.TascolaJill. July
.!
11,021
9,046
766,438
St.L.A.AT.H.U's 4thwkJuly
793,316
36,650
32,090
11,637
20,2J9
8UL.Ken'et.A8o July
1,815
2,466
St. L. South w'rn. Ist WkAug
71,800 2.365,197 2,278,315
85,700
905,173
8t.PaulAUul'tb July
203,557 157,038 1,036,143
722.276
SauAut.A A.P.. June
639,196
137,830
107,037
5,428
Sandersv.A Ten. July....
3,114
392
608
419,793
B. Fran.AN.Pac. IthwkJuly
463.745
30.875
33,043
231,886
8av. Am. AMou. June
231,212
41,144
33,974
Sav.Fla. A West. May
207,273 231.547 1,373.113 1,500,799
.luly
56 881
SUverton
38,397
10.000
13,511
212,150
BlouxCityANo June ...
192,455
33,441
34,330
South Bound... Mav
69,396
15,014
933.669
Bo ath Carolina July
754.853
87,700 114,717
8o. PaciUo Co.—
Gal.Har.AS.A. June
324,591
337,213 2,06 3,149 2,023,876
449,872
Louis'a West.. June
74,736
490,217
74,665
Morgan'sLAT. June
356,273 371,942 2,319,822 2,593,112
86.426
N.Y.T.AMei June
16,621
18,731
i>a.OH
740,415
Tex. A N. Orl June
126,243 128,705
787,585
5,933,896
Atlanttcsys.tt. June ....
5,845,90J
901,479 932,626
Paoldo system June ....
3.058,993 3,119,354 16,265.525 16,677.636
Total of all.. June ....
3;960,473]4,051,980!22|lll,425 12,611,532
So Pac.RR.—
Coast Uiv(Cal.l June
969,865
204,613 208,615
997,233
8ou. DIv. (Call Juue
594,715 515,240 3,581,683 3,042,617
Arizona Diy.. June
171,106' 154,471
a67,137
939,808
Louis.AMo.Riv.

mwoi

'

.

'

.

.

.

AnotJST

THE CHRONICLE

18, 1893.]
LaltMt Earnlng$ Btporled.

Jan. 1

to Lalett

ith week of July.

BOADa.

WtkorJto

«

Hew Mox. Dlv. Juno
Bpv. Un. Col May...
aUt«n lal. R. T. Juno ...
BtonyOl.ACMt.. June ...
nminll Branch. June ...
Lykeoa Valley June ...
Tof 1 both Co's June ...
Texas Central.. Mil fob..
I*ZM APacltIc 1st wlcAug
lei.S.VaJAN.W. Juno ...
SOLA.A.AN. M. July....
CIn. 1st

<h

fOl.AObUiCnnt.

1st

A

wkAug

8,381

wkAut;

34,734
17,369
52,600
2,570
36,824

Tol.ASo. Ilaveu July....

Dnlon

June

8.6271

16.760
5,492
107,995
91,877
1

16,197

...

•

I

511,311
55.979
418.10>

4.'i8,728

14.193
616,282
497,871

13.07(1
616,5(il

401,601
1,081,220
100,091

102.746
65,402
3,534,865
21,398
617,332
191.271
886.607
542.598
1,176,769
14,539
171,253

2,781

36,016

3,737.953
21.2J2
583.223
196,970
830,788
D21,25S
1,07«.907
15.447
158,104

I'lixttlo—

e. I.. .V U.N.
Or.Kv..VN.Co.
Un.I'ac.D.AG.

Or.

Bt.Jo.AO'dlal.
A.U<>t)i. lines..

May
585,709 616, 765
May
340,9361 466, 641
Mav
511.6U0| 474 462
1st wkAuK
23,400
21 400
,710,74011,721
,507
May
II,

Toi.r.l'.aya. Mi»v

May
Tot. cont'le<l May
Montaiui Un.. May

Oent.Br.AL.L.
Leav.Tuii.

I

& 8. May

Hau.Al.A Bur. Ma.y
Jolntowu'd...

May

Grand total. May
Vermont Valley June
Ist wkAug
Wabash
West Jersey
June

]

Western of Ala. June
W.'StN.Y. A Pa. July
WcHtVir.&Pitts.

I

May

I

315,,000
146,,666
85,,970

151.607
83,630
37,124
299,500
30,190

.039,784
132,482

1,51-1, 841

2.199, 917
000, 304
8,500, 764

011.065
457,101

',650,764

25 ,505
67 ,9S8

837, ,914
360, ,160

6,,241

33, 076

738,010
443,154
52,580

333 ,889

60,6451

5,462

I

692,736
633,113
263,215
1,000,602

14 ,430

28,.S39

Wll. Col.

A

7,884,,520
711,,646
618,,118
228,,584
1,907,,162

35,,450

WheellngAL.

E. l.^t wkAui<
Aug. .May
WrlKhtsT.ATen. July

2.626, 843

,980.935
3 ,'-'(;0,373 3,344 ,281 15,3:;(i, 744
,408,020
92,027
10, AnS
403, 645
2.55,861
3, 352,100 3,393 ,742 15,816,,389 15 723,881
90,808
45 ,469
4.50, 520
348,807
2,025
2, ,436
15, 691
11,071
4,193
3 ,463
16,,732
16.7 >2
51 ,370
97,030
482,,944
377.483
3 400,91.M3,419,,427 16,057,,861115,,012,024
17,107
15,,823
89,,629
82,503
297,.500

I

W.V.Cen.APltts. July

t

•

503.039.
44.395

.

111,003
4,224
84,756
6,350
3i,901
24,074
50,329

• Fljtures cover only that part of mlleaite located in South
EaruliiL's given are on whole Jacksuuville Southeastern
A Pacillc included in both years, ci Includes

6 Kausa.s City

from

fi

Include

rnes. etc.. not Riven separately. ;Mexlcan currency.
Kome Watertowu & OjjdensburK.

Carolina

System.
earuincs
^Figures

Latest Grogs Earniiigs by Weeks.— The latest weekly
in the foregoing table are separately sucamed up as

eimings

follows:
The 36 roads which have thus far furnished their returns
for the 1st week of August show 5-40 per cent gain in the ag-

gregate.
lit teeek of August.

BolTalo Roch. APlttsb...

Canadian Pacific
Chesapeake A Ohio

CUoaco A

East. lUlnols.

ObleattoMU. ASt. Paul..
ChloaKO Peoria A St. L.
Denver A Rio Grande
BransTllle A ludiauap...
Brans. ATerre aautc....
.

. .

LoDR

Island

lioiilsv.

Evans v. A

St. L..

A Nashville...
Louisv. St.I.ouis A Texas
Uexlcan Central
Mexican National
Milwaukee & >'orthem..

Louisville

Ho. Kansas & Texas
Mo. Pacific A IronMt...
New York Out. A West..
Horfolk A Western
Wlscouiiin Central

Ohio A Mississippi
Peoria Dec. A Evausv...
PItUburvr A Western
Rio Grande Wcsteru
8t. Joseph A (ir. Island..
8t.

Louis Southwestern..
A PaclUc

Texas

Toledo Col. A Clnn
Toledo A Ohio Central...
Toledo at. L A Kan. City.
WaUftsb
Wheeling A Lake Krle...
Total (30 roada)
Het increase (5-40 p.e.)

1892.

1891.

Inereatt.

S

8

$

63,600
416,000
205,167
93,700
624.926
29,967
181.300
7,655
30,011
32.769
67,940
142,085
32,292
421,800
13,319
132.289
82,097
3j,400
185.229
501,000
74,820
211,185
500,(67

103,335
13.986
42,011
38,000
23.400
85,700
104,544
8,381
34,734
52,600
297.500
28,339

60,224
391,000
206,215
89.000
512,634
20,595
175,000
8,236
28.131
33,979
86,910
139,791
35,185
410,475
10,132
125,031
76,258
34,666
177.452
459.000
65,381
186.307
489,567
1(0,214
105,544
18,865
47,626
36,300
21.4)0
71,800
111,003
6,350
32,901
50,329
315,000
25.565

5,032,916

4,7/4,069

109,-!75

•

Deereatt

S

3,876
15.000
1.048
4.7O0

112,292
9,372
6,300

581

^

1,910
1.210

19,070
3,294

1892.

PrevMy report'd 31roadB)
Atch.Top. AS. Fc
Roads J'tly owned Hi..
Bt.Uml» AS. Fr
f

Rns'"

)'tly

H

owned

>«.

South weat'Q
rand Trunk..
A Kan. City..
West MWhlKan
,

(

Cnicnt^r.

.V

Cindnuaii Jaok.

A Mack-

Oln.N.O.AT.Pac.(5 roads)
Cleve. Akron A Columbus
Cleve.

(?lu.

Chic.

A St. L

Peoria A Eastern
Oolerado Midland..
Current Kiver

.

.

$
6,639,377
978,531
47,281
231,646
46,634
69,413
58.911
125,844
49,636
19,318
289.4.57

24.223
427,628
53,801
61,108
4,263

1891.

f
6,627,160
9.>9,558

38,163
215,516
37.504

3,2.13

26.1 19

01.2 24

6,096
7,513

A

.

7,516
66.930
14,915
5.409
100,609
9,857
5.858
103.492
22,512
8.591
9,937
273,083
18,325
93.000
32,0)0
33,043
174,680
12.100

.

I

1

Little

Rock A Memphis..

Mo. Kansas A Texas
Ohlottlver
_
Kid Grande Western
B(. L. AlUA T. U. Ur'uhes
8au Francisco A No. Pao.
Texas A Pact 1c
Tulodo Col. A Cincinnati.
Toledo Peoria A West'o..
Total (75 roads)
>etlpcrea«e(0'13

i

I

6,815
1.501
3,863

'"zii
1.941
4,841
1.300
1,404

4,560

17.3 19

6.705

10,252,021 10,233,247

3^2.579

396,353!
13,774l

p.o.)...

Net Earnings Monthly 10 Latest Dates.—The table following shows the net earnings reported this week. A full
detailed statement, including all roads from which monthly
returns can be obtained, is given once a month In theM
columns, and the latest statement of this kind will be found
in the Chronicle of July 28.
The next will appear in the
issue of

August

20.

—

aross Earnings-s
-yet Earnings.
1892.
1891.
1892.
1891.
Roads.
S
$
9
8
nuff.Roch.A Pitts.b.Jtrnc
251.642
236,303
76,816
109,223
Jan. 1 to June 30... 1,508.024 1,315,727
429,966
423,522
July! toJune30... 2,999,600 2,542,157
917,010
751.836
<31eveLCan.ASo..b.June
81,866
71,271
30,422
26,306
373,080
314,039
Jan. 1 to June 30...
133,
103,072
July 1 to Juue 30...
777,599
648,678
274,888
233,651
Oenv. AR. Gr.indebJune
773,284
714,169
315,841
288,981
Jan. 1 to June 30... 4,212,527 3,865,9 <8 1,708,152 1,197,161
July 1 to June 30... 8,830,916 8,850,919 3,709,353 3,340,617
PlintAPere Marq.a.June
220,073
212,069
60,079
57,672
Jan. 1 to June 30... 1,467,000 1,461,087
417,904
372,048
Mexican National. .Juno
323,323
330,750
118,203
86,586
626.587
Jan. 1 to June 30... 1,980,056 2,078,305
565,463
Norfolk A South'n.b June
42,669
18,956
Jan. 1 to June 30...
223,363
87,071
8t.L.A.Ar.H. bchs.bMay
106,416
106,083
34,627
40,909
552,327
Jan. 1 to May 31..
581,703
223,655
212,264
San Fran.AN.Pac.aJuly
86,407
81,544
39.556
37,094
Jan. 1 to July 31...
463,745
419,703
127,867
141,803
Toledo A O. Cent.. bJune
134,826
119,933
41.764
36,192
Jan. 1 to June 30 ..
720,741
661.303
233.995
217,094
July 1 to June 30... 1,561,339 1,501,823
541.719
501,989
W.Va. Cent. A Pitts.. July
85,680
85,970
23,601
28,536
Jan. 1 to July 31. .
618,118
633,413
207.274
203,650
a Net earnln)^ here given are after deducting taxes.
b Net earnings here given are before deducting tixot.
.

UO

.

—

Interest Charges and Snrplns. The following roads, in
addition to their gross and net earnings given above, also
report charges for interest, &c., with the surplus or deficit
»bove or below those charges.
of Net Eams.~.
1892.
1891.

r-Inter't, rentals, *!.-> /-JBoZ.

Roads.
Flint A Pere Marci.. June
Jan. 1 to June 30...

1892.

1891.

$

$

49,818
297,343

48,456
282,744

$

8

10,261

9,216
89,301

120,560'

1.266

ANNUAL REPORTS.
Mobile
439

(For

2.219
i'2'l

5,612
1,700
2,00J

2,031
1,830
2,271

317,174
238.877

Inertate.

S
294,146

In advance of the annual report, the statistics for the year
have been obtained for the Chronicle as follows

Total miles operated.

1888-89.

1889-90.

1890-91.

687

687

687

1891-92.

637

OperiMons—
17,500

Piis<en«ers carried..
538,247
iM^sciiRer mileage.. 18,993,252
.\\ lutvp. pass p.m.
2-31C.

1

617,215
635,755
9,586.735 20,316,267
2-36C.

2-36C.

648,456
19,93.5,208
2-32C.

Tons moved
58,297

1,315,310
1,436,542
1,605,918
1,615,296
Toils moved one m.. 213,370,431 255,773,055 306,102,310 302,096.033
0-8 15c.
.Vv. rate. p. ton p. m.
0-8660.
O-OOc.
0'912o.
EABKIKGS, EXPEKSB8 AKD CHABOES.
1888-89.
1890-91
1891-92.
18 :»-90.

$
Total crosB earns...
Tot. oper. expenses.
Taxes and Insurance

2,881,473
1.814,187

Not earnings
Interest and rentals.

8,173,431
2.001,134
101,379

3,559,133
3,236,542
106,883

3,443,760
2,241,919
115.518

934.780
709,901

1,070.918

951,329

1,215,712
1.033,261

1,086,293
1,014,131

224,879

116,589

157,443

43,163

102,.506

Decrease.

282,229
Surplus

18,973
9,121
16,130
9,150

9,055
6,344
1,048
3,412

26 L
12,162

Ohio Railroad.
June 30, 1892.>

OPEBATIONB.
6.459

2;774

&,

the year ending

13,900

73,468!
65,2 }8

29.980

"8*757

410,2011
56,03l|

12,573
2,233
10,118

71,226
4.857

21.154

Pere Marquette..
Ft. Worth A Klo Grande.
(}rand Rapids A Indiana.
CtnctanatiR. AFt.W..
Other linos
lutemal'l AGt. North'n.
Kanawha A MichlKan....
Kan. City Clln. A Sprluir.
Kan. City Ft. 8. A Mem
Kan. City Mem. A Biruij
Keokuk A Western
Flint

7,777
42,000
9,439
27,878
10,600

126,892
53,018'
10,579!
277,2951

Dtereaii

Jn'-reasr..

Detroit Or. H. A Hllw...
Detroit Lans.A Northern

2,893
11,323
3,187
7,258
5,839

The final statement for the 4th week covers 75 roads and
shows 0'13 ijer cent gain in the aggregate. There was an extra Sunday in that week the present year.
4 (A wtek of July.

1892.

1891.

199,8721 1,144,152

14,474
104,544
3,102
92.338

tOl. P.
Went.. ithwkJnly
fOl. 8t L. A. K.V. 1st wkAufC

Ulater.V- Del....

82,888

15.1.55

July....

.

1893.

•

82,430
7,385
121,916
5,674
99,981
86,585
186,569

. .

,fc

Tenn. Midland

1891.

1892.

8o.Pae.UU.-r«ii

loLOot

253

Date

9i

There should be added to the $42,162 surplus as abov« in
1891-92 the bailee on hand June 30, 1891, f 17,415, and prooeecls of bonds and stock sold, making $206,487 in all.
Iteeetptsao above

$206,487

ExncndeUor new equipment and

additions to property—
Prloctpal car trust debt, mntured and paid
9117,655
C08t200oo»l oars
69,900
Real estate, gravel pits, etc.
4,350

NewsMlugs and

e.xtonslon, M.

Constraottoa, reducing grades,

A

etc., St. L.

& C...

18,711
7,451

218,070

£zo«M o( expandltores over

leoeipts.

,

(11,533

THE CHRONK^LE.

254
Boston

& Albany

DenTer

Railroad.

(For the year ending June

80,

1892

Albany

St

Bio Grande Railroad.

fFor the year ending June

J

comthe first of the great wilroad
year endiug
panies to isBue its printed report for the fascal
June 30, 1892. The report Bays:
Rf „„H lo««
io
loss is
"The talance carried to the credit of profit and
The actual net
$22,060. makinft a total credit of 1128.229.
the year, after paying
reeilt of the operation of the road for
but from this
diTidends and fixed charges, was $65,0fi6.
pa>d to the
$43,006
of
sum
the
deducted
been
amount has
oi an
Siates Government in compromise settlement

&

The Boston

[Vol LT.

ia

An

advance statement gives the

30, 1892.^

in 1891-92 as below,

res-ulls

towards

states that the |9l4.0ol surplus has been applied
the reduction of the company's unfun'if d liabilides.

and

United

old suit for internal revenue taxes.
""
"There ha^ be.n an increase in revenue o'^f 'j^"- Jf
of |04',y»4,
passenger, freight and miscellaneous receiptH
with receipts— mci ease, ?5y5,48Z,
.

"oT

Einenseo have kept pace

track, rolling stock, buildings and other
,
property are in excellent condition." * * * ^ .„ ,
^„_
large
""Wiihir the bnats of the ciiy of Boston, at Al'slon,
of
estate
real
the
and valuable additions have been made to

The peimatent way.

EABKlKaS, BXPENSES AND CHAKQK8.
1890-91.

1889-90.

i
Gross earnlDgi
Operating expenses

.

..4,-<3.361

.

3,55«.785
NeteainlDgs
Fcr cent ol expenses to earnings. ^7•43
Interest on debt, taxes and all
oiber churgea to Income
Balance, surplus..
*

9
8.830,947
5,1:^1,593

3,340,618
62-20

3,709,354

2,042.632

2,795,353

•697.H86

914,C01

i8-

ot this was paid to preferred stockholders, leaving $106,as the surplus for the year.

J59n

733

1891-92.

$

8,85<i.921
5.5 iO. OS

..8,36.1,136

,2.")0

Kansas City Fort Scott k Memphis Railroad.
(For the year ending June 30, 1892.^
the ccmpany, the trustees
acies.
purchaatd and paid lor. out of the fund, about eighty
At
the meeting in Boston this week the directors voted that
While thi> an.ount < f land is largely in excess of the present the consideration of a dividend upon tbe contracts for prewants of the compacy, it seemed wise to anticipate the needs ferred stock be postponed until the result of the earnings of
interests.
of the business- ot tbe road and provide for its future
the calendar year 1891 be ascertiiined, and that the dividend
"Steady p)ogre>s has been made to promote the abolition upon the common stock be parsed.
by
out
*
»
•
paid
amount
total
"The
ciofBii.gs."
of grade
Tbe results for the fiscal year ending June 30. 1892, compare
been
the con.psny in two years to abolish these crossings has
In operating expenses is
with previou.'f years as below.
Conimonthe
from
received
has
the
company
and
$532,699.
included $90,000 spent for rock ballast and equipment.
-wealth. cities aid foaiis and other railroads the sum of $139,EARNINGS ANn EXPENSES.
826, leavii g tbe ret amount expended to date $393,372."
1891-92.
" The capiisl stock of the company is now |25,0< 0,000, an
1889-90.
$
*
increase during ihe .year of $5,000,000. These new shares were
4.991,27»
4,937.431
eiimlngg
Gross
issued to ihe siockholders at par, to redeem the $5,000,000 Operating expenses
3,634,675
3,386,645
of the improvement fund havme;

seven per cent t»fnt\-year bonds maturing February

1,

1892.

cfeholdersof the company June 30, 1892. was
8,099. Numl enf stockholders owning from 1 to20 shares, 5.508;
from 20to50tharef, 1.348: from 50 to 100 shares, 648; fiom
ICO to 200 fbaree, 340; from 200 and upwaids, 260.
IITbis stBtt Trent would indicate that the stock is widely
distributed and owned largely by small holders. There are
6.914 Slas^a( busetts 8t< rkh< Iders, owning 216,041 shares, and
1,]F5 toieipn lioldeis, owning 33,959 shares.
The improvement and Ware River funds have received
during the year |125,.'il7 90 dividends, intertst and premiums

Thenun'bei

from the

of

8t<

tecuriti' s

held by the trustees,

charged wiib $1,793,832

and they now stand

1889-9 .
11,295,637

OveratUtns

201. .t<,880
3,883,115
i

402,241,138

Eammgii

1890-91.
11.688.069
211,852,182
3,913.873
401,099,271

%

Ac

$

1891-92.
12.095.467

Oeaeial

27e'.

Total (including taxes).
•urolngs
.

1,550,786
60,921

1,31;1.924

Total net

1,611,707

1,325,727

1,356,603

1,004,640
-567.344
3..908
27,942

1,030,841
liOH.972

1.043,62^
J219,984
68,018

64,215

7a,82i»

1,637,834
def.26,127

1.342,063

1,404,457
def.47,85i

11.803

Deduct—
Interest on bonds

Dividends
Miscellaneous.
Del, K. C. C. &8. andC. B. RK..
Total

Balance
on pref., 3>* on common,
pref. February, 1892.
* 8

t

Kansas City Memphis

CFcr

38,'

9,151,069

9,216,222

9,863,316

1,162.471
1,218,837
3,722,862
172,607

1,565,151
1.189,433
3,876,126
177,041

1,610,K59
1,453.6.= 6
4,154,324
184,344

deM6,33«

4 on pref., 1 on common.

& Birmingbaiu

the year ending

June

and $22 452 in

1891-92.

Charges...

2,460,133

78,000
662.900
1,600,000

78,000
1,600,000

78,000
517.067
1,800,000

Total dltbursements...
Balance, surplus

2,340,900
533,392

2,340,900
67,571

2,395,067
•65,066

^ * Deduotiog
(22,061.

OoTemment

claim allowed, $4! 1,006, leaves surplus

BALANCE SHEET JDKE
1690.

Auelt—
Cost of road and

Hddson

hivcrbil.igff

Other pern Hiient invest's..
B. & A. ; per cent Imnds...
Materials and s(ii>pll' s
Due frnm c<ri> anil ludivid s
Trustees' iui|>ruv>

lu't

luud.

Cash
Total asMts
ZiabilitUfi

Stock,

—

conmon

Faymintsoi
Funded del.i

S

27„M4,117

tOtalUaWUtes

1892.

$
27,514,117
475.485
1,938,378

325.063
415.164

27,514,116
475.485
1,913,704
305,611
466,566
765,164

1,559.109

1,61.2,699

943.987

63^,909

1,793 832

33,052,976

33,742,255

33,238,267

20,000.e00

20,000,000
527.320
10,858.(00
195,558
401,809
25H.200
1,278,010
122,ls8
100,163

25,000,000

475,4S5
1,820.051

Jnv.,'i)'i. stk

and rfnt's due & arc'd.
pnclalujed dl\ Wn in d int..
Ledger balaiiris
liumoviinebi li.Ld
Blnking hin-l ai d n ii-< el ...
Profit radioes
Int.

30.

1891.

s
f qnlpm't.

10,f>bi',i<o6

195 558
4(i2,758

267

4 /S4

I,18t'il06
1

1

6.500

32 597
83,052,976

(81-60 p.

215,591

24,697

450,103
400,342

251,040
427,105

236,477
440,071

8Hr.49,760

def.176,065

def,203,594

440

Miscellaneous interest received

S.& M.RE.

301.477

Balanct

Toledo

Central Kailiray.

for the fiscal year is given out as follows
Miles operated June 30. . .

Earni7igi—
Passengers
Freight
Mall, express,

1888-89
235

&c

Oper. expenses and tuxes.

Netearnlngs

235

$

$

Total earnings

1889-90.

33.712,255

4m,725
6('2,-76
«6.9W(i
l,40:i,52S
127,'-01

122,229
83,"2S8;8^

1891-92
235

1890-91.

235
$
134.046

s

137,815123.092
125,126
954,616 1,168,888 1,290.018 1,338,499
85,025
77,7 8
86,110
04.736

1,163.818

1,388.750

1,501,822

1,561,339

819,v:92

84;M11 1.033,807 1,055,033

344.526

545,639

468,015

50,6,306

1889-90.

1890-91.

1891-92.

344.526
22.084

545,639
30.760

*
468,015
33.018

500.306
25,564

366,610

576,399

501,033

150.000
87,088
29,2b6

150,0

438

150.000
31.636
30,133
92,625
555

216,782
149,828

304,949
271.450

402,665
98,368

INCOME ACCOnST.

—

1888-89.

Jtfceipls

5,875.<'00

99
20,787

(For the year ending June 30, 1892.J
In advance of the pamphlet report the statement of results

36.1, 164

849,004

& Ohio

e.)

230.917
2,628
17,495

424,9^5

Total..

2,408,471

1891-92.

1,174,372
958.781

Netearnlngs

1890-91.

2,874,292

1889-90.

9

Traffic guar. K. O. Ft.

662.9(10

on

Railroad.

Gross earnings
Operating expenses
Oi'tr. expenses p. c. ot earnings.

7,403,183
2,460,133

Dithnrgrvirnu
Rentals paid
Interest on debt
Dividends <8 per cent)

—

8

30, 1892.^

]88!tOO,

6,807,751
2,408,471

$

KetearningR

;

PTbe

1,119,303

INCOME ACCOCMf.
1889-90.

05

4.256,f75
446,622.991

3,883,452
4,373.988

6.276,777
2.874,292

1,356,603

Net earnings
Oiherincome

preliminary report givss the earnings, expenses and
cbaiges in the year ending June 30 as below.
The charges include the full amount of interest upon the
company's 5 per cent mortgage bonds, and al?o the amount
$
4,018,100 of tl e interest accrued on the notes iscued under the plan for
4,725.013
(unding 2Ji-years' couporn^. There was charged to construc-

217,7S;6,211

3,768.860
4,446,586
935,623

95H,7i«2

$

$

$

tion $2S,760, against $27,226 in 18it0-9l
Total grnss earnings...
Optrating rrprnges
UaintPDfliiceof wiy.&c...
MttlutenBDCe <>J equipment
Transp" rtallon txtenaes..

1891-92.

1890-91.

1889-90.

OPEBATICH- AUD FIBCAi BEiCLTS.
Passengers carried
Paseeiger njileace
Freiebt (lonp) cnrled
Freight (tons) mileage

1,356,603

,313,924.

1

INCOME ACCOUNT.

51.

A part of tl e improvement fund has recently betn invested
in laid in Bi ston, ard the trustees will be reimbursed by the
company for ihis outlay at some future time.
The opeiations, earnings. Ac, for three years were as below
given, compiled for tke Chronicle:

Pa^iSfngers
Freight
Mail, express,

1,550,786

Net earnings...

Netearnlngs
Other income
Total

Deduct—
Interest on bonds
Inierrston car trusts

Rentals
KividendB

UiscelUueouB
Total
Balance, surplus

$

531,870
I

3»',878
3;-).019

107.968
14.8 2

**

150,000
31,226
34, '2 67
294, 48»
3,'738

513,719

is.ia

AuovBT

THE CHRONICLE.

18, 1693.1

UALANCE 8IIKET JCNR

GENERAL INVESTMENT NEWS.

30.

Auttt.
1801.

1992.

9,671,180
210.849
3,0OM.000
98,320
84,000
2,497
78,692

9,709.103
302.810
2,917.»«0
87,997

13,158,507

13,079,183

4,849.000
8,706,000
3,000,000
579,065
230,839
78,917
714,686

4,840.000
8,708.000
S.OOO.OCO
431.288
358,029

13,153.507

13,079,153

Adirnndack & St. Lawrence.— The reported n«-gotiationa
batweon the New York Central and Dr. W. Seward Webb for
the purchase of the Adirondack & St. Lawrence Railroad are
confirmed by Mr. H. Walter Webb, Third Vice-PreMdent of

•
Cost of road «nil equipment
BUli and aroountu rooolrablo
Inve»tnicntg
8upi>lle.t

Car trust Interest unearned
Caah
Cash with the Uu. Trust Co. tor dividends, Ac.
Total aascts

the

.5^,774

Cartruttd
BllUnud nccounts iiavaMe
iBteresI coupons, dlvldouds,

Ac

looeme acoouni
Total

liabilities

&

Toledo Colnmbas

June

("For the year ending

Called Bonds.

as follows,

72

Ao

112.459
203.638
8,530

104.381
215,467
8,234

Total
Operating expenses and taxes

324,677
212,533

328.132
229,2;(9

112,144

98,893

Freight

Ket earnings

1890-31.

1891-92.

112,144
11

08,893

follows

112,155

99,155

18.514
7,516

52.500
7,490
21,107

26,030
86.125

81,097
18.058

:

Total

Rentals
Ulacellaueous
Total

Balance

Balance for dividend

iDC.fromst'CKS&b'uia.
Con. M.
PC. bonds...
on money advanced

13.389
500,000

m

C. Vt.Rlt. Co.. accord-

ing to torms of lease.

1 ,963

lutaocrud on f.'iOO.OoO

Taxes and oommlsjilons.
Addison RR. rental....
Dividends.
Coupons, 5 p. c. bonds
Coupons, 6 p. c. bonds..
.

Expenses
Stocks aud bonds

Equipment
Cnhh on hand
Clement Nat. Bank...
Globe Nat. Bank

follows

:

Ket earnings

from reports

June

.to

30,

56,125

Deficit

35,'*17

837,593
100.000
223,330
2,155

18Q2J

the State Railroad

1889 90.
t-236,l)30

Net earnings
Other Income

Com-

1890-91.

1891-92.

8286.652
242,787

$-20O,3!»3

$23.S'J5

6,027

$43,«e5
6,384

$42,994

$50,219

$33,110

$25,357

$25,751

$23,804
11,427

$25,751
$24,498
JtTNB 30, 1«92

$35,231
$2,879

199,963

$36,967

Total

Dtnvct—

.

•

Total

925,357
$17,637

Balance

GEKEBAL BALA>-CE SHEET
Attets.

Cash on haud and loans..
BuppUeeon hand md nils.
loss (deflo'ucji

Total assets

22G.i0-l

14,225

&

latter

road to

St.

Paul, a distance of 120 miles, will be built.

Bonds and stocks to amount of $3,500,000 are authorized.
Illinois Central.— The following circular is issued to the
stockholders of the Illinois Central Railroad

Company:

Central Railroad

214 Broadway. N.

Y..

August

Co.,

)

11. 1892. J

of the Illinois Central Railroad Company is to be held at the gcnoril oflloe of the company in
Cliicsgo at noon, Wednesday, the 12th of October, 1392.
Tlie report for the year ended June 30 1892. wiih the b,t1ance sheet
and abstracts, will bo presented to that meeting; and as usual copies
will in the meanwhile be sent to each share-owner of record.
'I'hc Board of Directors iustruct me to inform you that they have determined to submit to th.it meeting, with their rooom jiendation for its
ad.)iilion. the following propo,sition: "That the capital stock of the
company be Increa.seQ from $ir>.00»,0(>0 to .$o0,00o.o H). by a new
issue of 50.000 shares of $100 each; each stockholder of record on
the 2<'th of Septembo.-, 1892. to have the privilege of siibaciibing
at par fir one share in respect to every nine shares then registired In his name, provided written advice of his intention
to take such proportion of new shares shall berecelve<l by the company
In New York on or before September 30, 1892. Payment for the new
shares to be made la full to the company in New York between the
3lh aad the 3 Ist days of October, 1892, at the rate of one hundred
dollars per share. Certificates for such sh.ires shall bo delirered on
the third bUf-iness day after payment in full shall have been made.
Btoohholdcrs entitled to subscribe for fractions of shares shall, upon
p.iyment therefor, .receive scrip convertible Into full-paid stock when
pri'sented in sums of one Hundred dollars or multiples thereof. Suoh

$190,230 Capital stock
161.240

$800,000

36,3ii2

4.244
407.9s4

$800,000

Total UabiUtles

serii) shall

not draw dividends."

Arrangements have beau made for the sale, at par. of suoh of the
sharcH as may not be subscril)ed and paid for by the share-owners
within the time* above set forth for those purposes respectively.
The fite ot the former pansHUirer station in fhicagu (owned Jointly
with the MiehiKan Centr.il Railroad Company) having been found Inadequate, and the business of j-our company requiring il. the erection

new

I.iabUitUi.

Cost of road
Cost of equipment

and

43,038

1

Fixed clmrges.
Dividend.'*

froflt

8,703

Green Bay St. Paul & Minneapolis—Green Bay TTinona
St. Paul.— The Green Bay St. Paul & Minneapolis has
been organized by parties identified with the Green Bay Winona & St. Paul, and an extension from Alma Centre on the

EABKIXCS, EXPENSES AXD CHARGES.

.

4,966

15.000
169.479
75.537
89.253
15,999

missioners:

Gross earnings
Operating expenses (excl. taxes)

1892.

115.054 155.303 148.476 114,485
171,179 160,269 157,179 157,523

Charges

$1,590,931

the year ending

is

1891.

(496.600
15.0S9
15,077

Ninth Avenae (Horse) Railroad.
The following

1890.

$
$
$
515.787 561.832 564.733 562,801
400,733 406,526 416.257 448,406

The «anua1 meeting of the stockholders

CFor

101,039

105,430

—

Ii.Liso'8

$1,590,931

158,755

—John Blythe, of Crawford

East Tennessee Tirginia & Georgia.- Copies of the agreement dated June 27, providing for a reorganisation of the
East Tennessee Virginia & Georgia, may be had at the Central Trust Co.
The agreement is proposed by the majority
interest in the extension and general mortgage bonds, and is
between the holders of these bonds and a committee consisting of C. Weidenfeld, Chairman; Eugene Kelly, Charlee M.
Fry, R. T. Wilson and David C. Robinson. Deposit of extension and general mortgage bonds may be made under this
agreement up to September 1. The movement is understood
to be a defensive one in case of future complications.

JHtbtirsemenls.

Notes payable (paid) ...
Interest

9,375

239.966
138,927

County, has been appointed Receiver of this road from Columbus to Defiance. O., by Judge Ricks of the United States
District Court at Massillon, O.
Detroit Lansing & Northern. The gross and net earnings
and charges for the six montlis, Jan. 1 to June 30, were as

Expenses

State Trust Co

oonsol. mort.. 4'» per
cent bonds sold

62,058

Colnmbns Lima & Milwanfcee.

244,407
4,441

r(r.

271.140 249.515
112,885 144,035

1889.

CASH TRA.NSiCTIONS FOR THE TEAR BNDISO JUSB 80, 1892.

Int.

flt

178,080
116,022

Gross earnings

report of this leased road states that during the
post year and up to July 1st inst. there had been expended on
the property for rolling stock, equipment and permanent improvements the sum of $387,593, and the rental has been
thereby increased to $.330,294.
Five hundred thousand dollars of the consolidated mortgage 4)^ per cent bonds have been sold and the proceeds
applied lo the payment of the floating indebtedness of the
company as it has matured. The cash in the treasury is sufficient to pay the floating debt, and to furnish the additional
improvements as provided in the lease.
•

1892.

ft

178,080 268,800 243,.525
2,340
5.990

The annual

Reeelpts.

1891.

jR

Net earnings
Otherincomc

262

Batland Ilailroad.
fFor the year ending June 30, 1893.^

Cash on hand July 1. 1891:
Clement Nat. Bank...
$22,212
Globe Nat. Bank
1.682
Eent of railroad
350,291
Rent of real estate
415
Cash bor. temporarily..
691.600

1890.

!ft

669,192 748.409 797.447 917,023
491,112 479,609 553,922 672,616

Total net

Deduct—
Interest on bonds

1889.

Grosseamings
Expenses

Charges
Other income

•'>'•''•>>

Chirago & West IHichlgan.— A dividend of \]4 per cent has
been declared, payable August 15. The gross and not earnings
and charges for the six months, January 1 to Jvme 30, were as

INCOME ACCOUKT.

Neteamlnes

have been called for

Nob. 182. SOI, 325, ,348, 377, 543. 543, 58«, 696, 599, 648, 666, 897
1.030, l,06e, 1.0C3, 1.098, 1.156, 1,239, 1,297, 1,324, 1,346, f,392,

1,417,1,579,1,899,1,902,1,969.
1891-92.

PasBonKcrs

—The following bonds

payment
IIkndkrson Bridge Co.— Twenty-eight Ist mortgage bonds
have been designated for redemption at the office of the Central Trust Company on the 1st of September at 105, interest
ceasing on that day, viz.

72

Hall, express,

yet imcom-

bonds.

732,836

1890-91.
Miles operated

is

it

transfer have not been made public, but one report says that
they will include the guarantee by the New York Central of
principal and interest on {3,060,000 4}^ per cent 60-year

30, 1892.^
is

But the road

Central Railroad.

will take some time to finish it. It is also stated
no business will be done until after the return of Mr.
D<>i)ew, who will have to sign the necessary papers.
The Adirondack Road will be pushed to completion and
will be, when finished, 178 miles in length. The terms of the

and

that

Cincinnati Railway.

The statement of results for the yeara 1891-03
compared with 18U0-91.
EAKNIKOS AND EXPEKIES.

New York

pleted,

9,490

LiabUiHa.
Btock, common
Stock, preferred
1st mortKa(?e bonds

255

$800,000

of a firei>roor building for Eeucral ofliees lu uuuueetlon with the passenger station has been undertaken at an estimated co<tof i>I .000.000
for both on a site to be provided by remorlng the Weldon shops. Al-

THE CHEONICLE.

256^
.tation and nay adequate rents therefor.

[Vol. LV.

Massachnsetts Railroads.— From the reports to the State
Railroad Commissioners the following statements are compiled for the quarter and year ending June 30.
FITCHBUEG.
^Quar. end, June 30.^ r- Year end. June 30.--

further soutli. ias

1892.

1890-91.

1891-92.

1,668,560
Gross earnings
Operating expenses. ..1,229,013

1,830,720
1,350,444

7,024,299
5,042,438

7,321,341
5,112,698

439,547
12,507

480,276
14,627

1,981,861
24,116

3,208,643
27,463

4,'>2,054

494,903
367,215

2,005,977
1,415,951

2,236.106
1,449,126

127,688

590,026

786,980

1891.

•oonomitaiiy eu

wWcb Lave bdcome OTercrowded and cannot lie
^^ioldlng of the world's Columbian EV\'i"M,P?i Jf the
Illinois
?l!e "lIlTnoU

.

1

Neteamlngs
Otter Income

from the west. The outlay for that purand repaying of the f^^eets is estimated
borme by other intercitBbeneat $1 S60 OOO.^f which *350.000 will be
**1^ \l otSer^'L"fw•ay than the Illinois Central connects the city with
must be prothe Bite of the Exposition, improved passehger service
those places. The equipdded o^"er the efghtmUes wh'^ich separate
a committee
by
esUmated
year
last
was
service
ment rconired for such
coaches costing
engiSoers as 50 locomotive eaglnes and 500
w 11 provide
sum
less
much
that
a
certain
now
it
is
B" 100 000. While
and somewhat unceiSlTthat will be needed, it is obvious that a large
purpoeo.
this
for
provided
be
taln outlay must
^
^
m,i
Chicago
to
The number of pawengers coming from distant points

Sa

RtrpptH putcriue the I-ark

™t/ includ^n^hrdepresslon

S

.

c<»iiPaD>;^ Pasduring the Exposition will also be very large, while the
Additional
senger equipment is barely BufflcKut for present demands.
purchased.
must
he
engines
and
ears
coaches, baggage
from
Orleans
The iBcreJse in the exports of grain by way of New
require
6,000,000 bushels in 1890-yl to ^3,0O0,C00 in 18h1-92 will tratho
of
the
tie erection of an elevator at that point, and the growth
house
In other respects has eompeUed the building of a new freight New
and of a Ualn-«hed adjoining the new passenger station in

Grade'croBBlngs are being InteriooSed, bloek signals are being introdnaed, and other minor works are under way and In contemplation at
various points.
,
,
^
-^.x.
While the greater part of the outlay is for matters connected with
the pasfenger service, and chiefly In and around Chicago, it must be
from that
home in mind that, in the past four years, the earnings
source have increased from $3,037,748 in 1888-8i>, to *4,3b8.269 in
1891-92, and that the suburban business in and out of Chicago has
furnished more than its share of the Increase, having grown from
8464,534 in 1888-89 to $762,017 in 1891-92.
A firm belief that the early future holds out every prospect for a
satisfactory return upon the capital asked for Induces your directors
to make this recommendation. They also believe that the share capital
should at this time he increased rather than the funded debt. By
A. O Hackbtaff, Secretary.
order of the Board of Directors.
,

.

JacksonTille Tampa & Key West— Florida Southern,—
Mr. Mason Young, the Receiver of the Jacksonville Tampa &
KeyjIWest, has also been made Receiver for the Florida
Southern. Receivers' certificates for $125,000 have been authorized to meet J. T. & K. W, interest payment.
Lehigh Talley. The Buffalo extension of the Lehigh Valley Railroad, from Sayre, Pa., to Buffalo, N, Y., a distance of
283 miles, has been practically completed and formal possession will be taken and the operation of the road begun be-

—

tween now and September 1. The road, which is doubletracked, belongs to the Lehigh Valley Railway Co. of New
York, but the stock is all owned by the Lehigh Valley Rail-

way

Co.,

wliich guarantees the 4}^ per cent bonds of 1890.

Total...
Int.,

rentals

366,415

and taxes..

85,639

Surplus

COSNKCTICDT KIVEB.
^Quar. end. June 30.^
1892.

1890 91.

1891-92.

270,858
341,899

307,592
386,293

1,120,645

1,161,528

839,512

877,693

det.71,040 def.78,701
9,271
18,624

281,133
44,374

283,835
51,413

def.61,769 def.60.077
38,853
3,370

325,507
89,107

335.248
128,594

eross earnings
Operating expenses

—

Net earnings.
Other income
Total

Charges

def.65,139 def.98,930

Balance

Minneapolis

&

t^Tear end.June 30.-^

1891.

St.

8r.236,400 8r.206,654

Louis.— The report of Receiver W. H.

&

St. Louis Railroad ComTruesdale, of the Minneapolis
pany, showing its operations for the year ending June 30,
1892, has just bten filed with the Clerk of the District Court
It shows that on July 1, 1891, he had
of Hennepin County.

on hand $491,310; and on June 30, 1892, after paying all expenses and several coupons during the past year on some of
the various issues of bonds, the amount of cash on hand is
$1,012,501.

The application of the trustees under the several mortgages
for the payment of overdue coupons was granted. The Court
ordered payment of coupons as foUows: Pacific Extension,
coupons due Oct., 1891, and April, 1892, the Jan., 1892, coupon
of the Fidelity Trust ICo. first mortgage, the June and Dec,
Trust
1891, coupons of the 1927 mortgage, the Farmers' Loan
Co., trustee, and two coupons each on the Iowa Extension,

&

the improvement

&

equipment and the consolidated bonds.

Appeals were taken from this order, first by the trustees of
the improvement & equipment bonds and then by others,
and all payments are stayed until the fall.
A large number of the stockholders of the MinneSt.
Louis Railway Co. have appointed Mr.
apolis &
Frederic P. Olcott, President of the Central Trust Co.,
Wm. A. Read, of Vermilye & Co., August Belmont, of

—

&

Wm.

&

L. Bull, of Edward Svpeet
Co.,
Aufttibt Belmont
Co., a comCo., and J. Kennedy Tod, of J. Kennedy Tod
mitti e to protect their interest and the interest of the corporation in the pending litigations. The annual election will

&

Reading system.
Louisville New Albany & Chicago. This company's fiscal occur on the first Tuesday of October. The transfer books
year now ends June 30, and the results for 1891-92 (subject to close on September 1. The co-operation of such strong finanfinal audit) are j^iveu below.
The other figures given cial interests on the side of the stockholders may account for
are for the calendar years.
The right to bubsciibe to the the recent movement in the stock.
new stock expires on Monday, the 15th inst. It is fctated that
The holders of stock, both common and preferred, are reit will all be taken and will give the company |600,000 in cash,
quested to co-operate with the committee by depositing their
which will be used in accordance with resolutions of the holdings with the Central Trust Company of New York on
stockholders " to provide further capital to afford among and after the 15th day of August 1892, which company will
other tniiigs increased terminal facilities in Chicago, addi- issue its receipts therefor.
tional freight cars and passenger equipment, steel bridges in
New Torli & New England. Tlie Connecticut State Compplace of such wooden bridges as will soon be unsuitable for
use, Bteel rails in place of iron rails, and generally to improve troller, Mr. Staub, has not yet rendered hi^ decision as to the
right of this company to register its $2,000,000 of new 5 per
the superstructure of the road."
cent 50-year gold bonds. On Aug. 9 N. F. Goldsmith & Co.
INCOME ACCOUNT
had papers served giving notice of application for an injunc1888.
1889.
1890.
1891-92.
Gros? earnings
$2,292,782 $2,495,823 $2,630,132 83,059 809 tion against the New England Company, its officers and
Operating expenses. 1,424,677
1,438,637
1,630,879
2,035;012 agents, prohibiting them from registering any more bonds.
This is to be heard in September.
Neteamlngs
$868,105
$957,186
$999,253 $1,024,797
—The quarterly report of the New York & New England subInterest on bonds.... $581,775
$.573,965
$651,781
$740 000 mitted to the Massachusetts State R. R. Commibsion for quarter
KentalB, taxes, &c...
282,458
276,345
212;373
231,038 ending June 30 shows net earnings $448,000, a decreaseof $145000 from quarter last year charges, $468,000, leaving a deficit
Tout charges.... $864,233
$850,310
$864,144
$971,038
of $20,000, against a surplus of $37,000 last year. The floatBurplus
$3,872
$106,876
$135,109
$53,759 ing debt
amounts to $550,000, offset by supplies, etc.. of nearly
LouiSTiile St Louis & Texas.— The rumored acquisition
$500,000, which include material for construction of Pascoag
of this road by the Louisville & Nashville is denied,
no such extension, upon which the company will soon receive an instep being contemplated. Tlie officials are disa-^ting
a close stalment of about $100,000 in re-payment. Floating debt also
traffic alliance which is expected to be very
adv^cageous to includes deferred dividend now in litigation. Kieimans,
both roads. The arrangement provides for the extension
theL. St. L. & T. from West Point to a connection with of Aug. 12.
the
L.. & N. near South Park, commg into
Louisville over the latNew Yorli Ontario & Western.-The extensive terminal imter s tracks and using its depot and terminals.
The traffic provements have been completed at Cornwall on the Hudson
over the L. & N. wes-t of Norton will go over the
Western
L St L & River. This will give the New York Ontario
T. line instead of the southerly and less direct
another terminal at its eastern end in addition to the one
route" now
tised.
Id the July issue of the Investors'
Supplement at Weehawken, which latter is reached over the West Shore
the earnings of the Louisville St. Louis & Texas
from Jan 1 RR. Transfer of coal will be made direct from the comto May 31 fave months, were erroneously
given as the earn- pany's cars into boats at Cornwall, The company has extensive wharves at Oswego and arrangements have been made
rnKetaTia^Sase^'/errSar^^ ^^^ '"^-^ "^ «''- looking to the extension of the lake traffic. The New York
"^"^'^ '°' *''« "^ "^^^hs ending Ontario & Western has the shortest rail line from the lakes to
,J«Se* 3oTerf
tide water, the distance from Oswego to Cornwall being only
272 miles.
Gross earnings
«9nTflHnK
a.^^^^.
Operating expenses .:.:;;;:::;;
illl'nJn
New York Stock Excliange— New Securities Listed.—Tbe
*J'2?9'65«
^> 13,040
1,354,069
following have been added to the lists for dealings:
Net enrDlDgs
iii\«^ acOther charge, u, Income.:::::::::::::;;;::::
EnisoN Electric Illuminating Co.— $400,000 stock to be added
ytiili
*\i^if^ 1 Aug. ir,, making total listed on that date $5,800,000.
Applicable to interest on bonds
LooisviLLK New Alriny & Chicago.— $2,400,000 stock to be added
»2»5,5'l4
Aug. 15, making total listed on that date $12,000,000.

The road

will be a part of the

—

,

—

;

&

^'ST;'^*

~^,^

AUOUST

THE CHRONICLR

18, 1892.]

Aoo & 8T. LOUIS.— $4, 539,800 oommon
PmnBUHii C'lSCiNNATi
»26,580,3OO
.toikto be «.UIe.lAnK. 19, making total listed on tliatdate

Cm

Pacific Mall.— Mr. C. P. Huntington is reported by the
Recorder as saying in regard to the reiiort that the subiidy of
$850,000 a year paid by the trans-Continental railroads to
the Pacitic Mail Steamship Company was to bo discontinued:
"There is nothing in the report. The same story could have
been related anv time during the past ten ycai-s. There is
always more or less friction, not only on the part of the transCoutiiH i\tnl roads, but also on the part of the Pacific Mail.
The road-* uuarantee it tonnage amounting to $850,000 a year.
Some years the roa<ls pay of this amount more than other
years. Some roads don't like to pay so much sometimes, and
then there is a re-adjustment of i^ercentages. The percentages

more

are shifting

or less right along.

"This arrangement with the Pacific Mail

is

simply for har-

mony, just as an agreement for harmony among roads in the
Trunk Liue Association. If the Pacific mail drops out.'it will
simply be like a road dropping out of the Trunk Lin« AssociThe Pacific Mail has wanted to go out for a long time.
ation.
This guarantee would not make any difference to it. The
Pacific Mail has felt that it would rather be without it. The
rout* via the Horn regulates prices anyhow."

2671

P. Huntington, advising them to procure a meeting of the
stockholders in September, and among other things that "a
committee be appointed to receive the proxies of the stockholdewfor the purpose of representing them at such meeting
and electing a Board of Directors who will carry out the
policy herein stated."
—The advisory^ committee of seventeen have appointed the
following as a committee to ask for proxies to elect a Board
West Point Terminal Rail(if Directors of the Richmond
Warehouse Company at the stockholders' meeting
way

&

&

called for September 15:
r,
-rE. Strong, Chairman Advisory Committee ; Geo. F.
L,
Stone, Chairman of Committee on Reorganization;
Bull, Chairman of Committee for Terminal 6s; George Coppell, Chairman of Committee on Terminal 58, and William

Wm.

Wm.

Alexander Smith.

The Richmond Terminal committees appointed to represent the bondholders, consisting of W. L. Bull, W. H. Goadby
and H. J. Morse for the Cs, and George Coppell, T. L. Manson,
and H. P. Plant for the 53, have held meetings, and have
agreed to co-operate as far as practicable. The committees
E. Strong, Chairman of the Advisoryhave elected Mr.
Committee, ex-offlcio member of each committee of bond-

Wm.

holders.

& Western—Allegheny & Lawrence.—The re-

Sonttaern Central {N. Y.)— A bill of foreclosure has been
the New York Supreme Court by the Metropolitan Trust
&
Company against the Southern Central Railroad Company,
&
the Lehigh Valley Railroad Company, Pennsylvania & New
&
York Canal & Railroad Company and the Philadelphia &
&
Reading Railroad Company. The last-named three, being
through highw.iy between New York and Chicago, and is also made defendants on the ground of having interests in the
for the purpose of giving it better facilities for competing on Ijroperty of the Southern Central Railroad Company acquired
Lawrence is projected to subsequent to the execution of the mortgage. The amount
The Allegheny
local business.
extend from Bryant to Moravia, Pa., a^distance of 40 miles, of the mortgage is $3,400,000. The company defaulted in
using the Pittsburg & Western track in places, doing away 1888, and issued new bonds for the back interest subsequently.
with the heavy grades of the latter, and materially shorten- The road is about 140 miles long, and runs from Lake Ontario
ing the through line between Pittsburg and Chicago.
across the State of New York to Owego and Waverly, near
Line. In 1886 a lease of the property
Railroads in New York State.— The following for the quar- the Pennsylvania State
the Lehigh Valley Railroad Company without
ter and year ending June 30 are from reports made to the was made to
guaranty of interest, and no interest has been paid on the
State Railroad Commissioners
consolidated bonds now under foreclosure since the making
DELAWABB lACKAWASNA ,t WESTERN LEASED USES.
— Tfitr end. June 30.-.
,—Quar. end. June 30.—
It is claimed that two-thirds of the issue of bonds are
1890-91.
1891-92.
1892.
1891.
$
$
owned by the Lehigh Valley Railroad Company and its
8.236,113
S.169.404
2,099,603
2,012.324
Qr09g eaminga
friends. By the provisions of the mortgage, one-sixth of the
4,032,588 4,184,246
1,078.544 1,175,600
Operating expenses
owners of the property can request the Trust Company to
4,136.816 4,051,867 take possession of the road and operate it in the interest of
924,003
933,780
Net eaminifs
2,304.246 2,398,677 the bondholders.
693,916
581,249
Int., rentals & taxes
request was made on behalf of the bondholders
to have the Trust Company take possession. This
1,832,570
1.653,190
825,087
352,531
Surplus
was refused and an intervening petition in the foreclosure
BUFFALO ROCHESTEB * PnTSBDRO.
suit was filed by Mr. Strauss representing more than $570,000,
/— real' end. /i<n«30.—
-Quar. end. June 30.1890-91.
1891-92. or more than one-sixth of the bonds. An order was granted
1892.
1891.
$
$
by Judge Macomber in the Supreme Court at Rochester, al2,511,484 2.959,105 lowing Mr. Mackay, of Vermilve
793,019
711.692
Oposs earnings
Co., and those associated
1,790,322
2,082,620
566,777
435,897
Operating expense*
with him, to intervene in the suit.
721,162
876,485
226,272
275,795
Net earnings
Tennessee Coal & Iron.—The meeting of the stockholders
40,555
lf.,679
30,673
13.882
Otherlnoonie
of the Tennessee Cjal & Iron Company, held at Tracv City,
751,8.35
917,040 Tenn.. on the 8th inst., to ratify the purchase of the Cahaba
241.951
289,657
Total
723,414 and Excelsior coal companies was adjourned until Sept. 13
677,371
178,466
165,120
Int., rentals and taxes. .
74,464
193,596 for want of a quorum.
124,537
63,485
Surplus
Trust Companies in N. Y. State.—The following is a state^i
STATEN ISLAIID RAPID TRANSIT.
^Tear end. June 30.— ment prepared in the State Banking Department of the total
<iuar. end, June 30.
1890-91. 1891-92. resources, liabilities and busiaess of the thirty-three trust
1892.
1891,
$
3B
$
$
companies in the State, for the six minth? ended June 30 last.
1,030,466 1.016,632
284,870
278.063
Qrosa earnings
In preparing this statement for the Chronicle the compara-

Pittsburg

&

Lawrence is said to have been
cently chartered Allegheny
Western, or .'rather
organized in the interest of the Pittsburg
Ohio, and its organization is a formal
iU owner, the Baltimore
Weststep toward improving the roadbed of the Httsburg
Ohio's
ern, and making it a suitable part of the Bnllimore

filed in

&

A

&

.

Operating expenses

173..568

180,233

684,139

692,390

Nctcarnlngs

104.495
80.268

104,637
78,092

346,327
297,849

354.242
301,431

24.227

26,545

48,478

52,811

tive figures for
Int., rentals

Surplus

and taxes.

. .

Be.ittysTllle.— At Louisville, Ky.,
a meeting of the stockholders of this railway company was recently held to consider plans of reorganization. The road is now in the hands of a receiver,
and it is completed only to Irvine, whereas it was the plan of
the builders to extend the line to Beattyville, thirty odd miles
beyond. Col. Bennett H. Young submitted a plan. The cost
ofconstnicting the extension would be from §400,000 to $500,OOO. The suggestion was adopted and the following gentlemen were appointed on the committee: Col. Bennett H.
Young, J. W. Sline, J. H. Pierson, H. V. Loving, of Louisville; John Bennett, of Richmond; B. M. Amett, of Nicholasville; J. J. Ramsey, of Shelbyville, and W. B. Smith, of Richmond. The committee will report to an adjourned meeting
of the stookliolders.

Richmond McholasTlUe Irvine*

June

30, 1891, have been
Ketourcet,

added

June30,1891. Jt(»«30,1892;
$18,S35,308 $14,749,183

Bonds and mortRages

47,353,871
160.192.583
16,154,836
7,277,315
28.538.558
5,339,839

Stock Inveatmenls (market value)

Amonntloaned oncoUatemls
Amount loauod on peraonal securities
Kcal oatiUe (estimated value)

Cash on hand and on deposit
Otherassets

<.0,47j,443

181,313,161
23,418,213
6,925.047
46,276,105
4,981,339

$283,682,313 $338,138,492

Total
Liabilitiei,

$25,950,000
30,566,511
2,957,648
97,155,561
115.920.984
5,206,999
5,924,610

Capital stock

surplus fund

rudivided profits

n? imaitfi in tnist

cAeuil

deposits

hciiture. outstanding
Other Ualulittes
Jii

$25,750,000
32.496,630

,4.469.665
125.222.f22lT
144,909,463^
............

5.290.037

$283,682,313 $338,138,492
Total
Supplementary.
$2,000,000
Aint. of debts guar, and liability Iheraon. .
•]'9?'f}22
.

Richmond Terminal— Richmond & Danville.—The Richmond Terminal directors and the directors of the Richmond

& Danville

Railroad met this week. Pursuant to request from
the advisory committee, a meeting of Richmond Terminal
stockholders was called to be held at Richmond, Va., on Sei)tember 15. This meeting will consider all matters of importance, and will elect new directors.
The Danville board took action on the extension of the floating debt and this being acceptable to the Western National
Bank people the proceedings were withdrawn on the $200,000
suit.
This amount wHl now be extended one year at 6 per

luterest and profits received last 6 months
Interest credited depositors, name period..

Z.^H-Sfi
Z'SiS';;?!
2.990.025
2.832,722
1,130.209
ExpensesofiuaHtiition, same period
J'V2o'SJi5
Dlv. declared on sapital stock, same period , l.JgMog
249,011,356
196,393,343 „.A'S??'S?2
Deposits on which interest is allowed
Wilmington & Northern.—This railroad company has
recorded a mortgage for §1,030,000 on its entire franchises
Deleware and Pennsylvania to sesure a new issue of gold 5
per cent bonds. The new loan is made to retire that of 1887,
to acquire new extension-), and to supply the necessary rolling

m

stock.

cent.

— An addre.ss was issued to the stockholders of the Rich- — Messrs. Charles T. Wing & Co.
mond Terminal Company by the independent committee, con- day a selected list of railway bonds
sisting of Messrs, Thompson Dean, A. B. Boardman and Chas. designed especially for conservative

offer in

our columns

to-

bearing good inlereet and
investors.

,.

THE CHRONICLE.

'Ir^b

COTTON.

Cammercml Jimts.
COMMERCIAL EPITOME.

Friday. P. M.. August 12, 1892,
The Movement of the Crop, as indicatea oy our celegram
from the South to-night, is given below. For the week ending

'iTlte

evening the total receipts have reached

6,101 bales,
bales last week and 5,979 bales the previous
t-eek, making the total receipts since the Ist of Sept., 1891,
7,110.664 bales, against 6,915,580 bales for the same neriod of
M»i»-91, showing an increase since Sept. 1. 1891, of 195,084 balef.
this

13, 1892.

Friday NiaHT, Aug.

[Vol. LV.

The weather in this locality was intensely hot during the
most of the week under review, causing much physical discomfort and somewhat impeding business. Advices regarding progress of the cereal harvest are in the main promising.

against

8,696

Beeetpti at—

Fears of drought entertained at the commencement of the
week have been dissipated by frequent showers since, especi- Now Orleans...
ally in the corn belt spring wheat has also been benefitted Hoblle
by the weather, and there is no serious complaint from winter- riorida
Savannah
wheat sections. Oats are reported slightly disappointing in
Brnnsw'k, Ac.
supply
of
will
be
good
a
that
there
prospect
the yield. The
Otaarleston
breadstuffs for export is imparting a more cheerful tone to
Port Roy al.&o
mercantile circles. Speculation in cotton has been retarded Wilmington
Waati'gton,Ao
by unpromising reports from England regarding trade with
Norfolk
India and China, and further threats of reduced production
West Point...
are made by Manchester spinners. The local labor troubles
K'wp'tN'g,*o.
are settled, permitting a full resumption of building opera, Naw York
Bolton....

Tfiur$.

Fri.

Total.

135

98

87

182

51

146

69»

80

662
35

267
4

69

1,393

269

2,740

1

2

4

7

53

7

160

3

77

165

249

661

4.

26

8

4

11

53

3

4

23

30

29

398
191
37
200
711
187
141

;

tions.

Wed.

Tuei.

ifon.

Sat.

Qalveaton
ElP&so, <fco,..

40

35

199
111

58
75

%

37

200
39

127

.....

455

45

45

187
on the spot has been moderately active and early in Baltimore
20
89
26
6
Phllaaelpli'a,<ko
decidedly
higher,
selling
for
week
was
at
8'50c.
prime
the
e,ioi
427
1,047
Totalsthlsweek
42U
1,353
1,146
1,708
Western, but later the improvement was partially lost, closing
The following shows the week's total rec^iuts. thi^ total since
easy at 7'25c, for prime City, 8'lOc. for prime Western and
Sept. I, 1891. and the stock to-niirht compared with last year.
The speculation in lard
8'35c. for refined for the Continent.
189(1-91.
Stock.
1891-92.
for future delivery has been much more active, and immediBteeipit to
.Since Sep.
Since Sep.
Thit
TAij
Aug.
12.
ately after our last the market was buoyant on buying by
1891.
1892.
Week.
Week. 1, 1891.
1, 1890.
Western packers and "shorts." Later in the week, however,
2,565 1,004,455
699 1,142,452
16.066
1,671
the market weakened under increased receipts of swine West, Qalveston...
El PaBO,<fco.
23,764
43.539
.....a
and in sympathy with the decline in com.
New Orleans. 2,740 2,485,686 1,611 2,058.302
69,103
39,267
DULY OLOSmO PBIOBS Or I.ABD PIITUSBS.
Hoblle
218 293.375
53 264,896
4,380
7,304
I^ard

Sal.

Beptemt>er dellrery
Octotter delivery

o.
o.

8-22
8-22

Hon.
8-44
8'13

Tuet.
8-25

Wed.

8-27

8-13

815

Thur.
8-20
8-17

FH.
8-04
8-05

Pork has bpen moderately active, but the close was quiet
and eai-y at $14 2o(- ?U 60 for new mess, $13 2.'5@$13 50 for old
mess, $12 75 for extra prime and $15 50(3117 for clear. Cutmeats have been taken moderately at steady prices, closing at
8J^c for pickled bellies, 10@12 lbs average; 12 a \%%c. for
pickled hams and 7c. for pickled
shoulders. Beef quiet;
extra mess. $6 25 (S $6 75; packet, $7 60
$8 50. and
family.
$9 00 w |10 50 per
bbl.;
extra
India mess,
a
per
tierce.
$13 $15
Beef hams are easier at $16 per bbl.
Stearine ia steady at 8Jg.a9i.^c. in hhds. and tcs. Oleomargerine is quoted nominally at l%o. Tallow has been fairly active atd the close was steady at 4 5-16c. Butter is quiet and
steady at 18}^(di24c. for creamery. Cheese quiet and easy at
8M(« 9?ic. for State factory fuU cream.
Coffee has secured fuller and more general demand, with
higher prices and greater firmness established on all grades
Rio quoted at 13%c. for No. 7; good Cucuta 21c and interior
Padang a7>^(a27i^c. Contracts for future delivery have been
active demand at advancing prices, buyers finding
a stimulant in the increased value of supplies at primary
markets
and scanty otrenngs. To-day buying orders were less plentiful and with larger receipts in Brazil the tone
eased off a
traction.
Ihe close was steady, with sellers as follows:
.

@

,

m

*«•

J2"S?'-|S°^
129U0. IJan

Oct

12-90C.
12-95c.

I

Feb

—.1300c
....13 OOo
IJ-OOo.

April

Kaw

sugars have met with increased attention
former cost on low grades but best qualities showing at about
au anan
aatest.^MJscovado.
l^"i:?,1^.'='r.t''^nVi«?:i-ll'l^g3)^c. for 96 deg, test CentrifugaL
Refined sold
'/e*-'!''™ and at strong prices.
Cut
at5 3-16c.and granulated at 4 9^-16c. Molasses loaf quoted
and syrups
Belling wuh greater freedom in part for
export. Teas some
'^""^^^ ^ B^eculativrfeXng
Z^uZ7iT;;.T''''''''^'

laHs
T1V,T'"

S

Seed leaf tobacco has been in better
demand and steady
'^ ^^^'^ ^'^ «« foilowsTsOO
?89fcrop,
nrnn New
N """v
^'"^"'J*
1891
Y.Tk
State Havana, 18{a23c.; 400 cases
1891
crop. New England Havana,
20@36c.; 400 ca^es, ^8^1 'croo
Pennsilvania Havana, 12@40c.; 500
cases
.891 rrnn nufX
2l^'''

@$1

^'cf^'-'ir
15c.;

'^««««i890

crop,

S

HavanTis^S

and 500

bales Su°niatC|2 60 Jfs 7^^^^^
1^.^'fu^."^^^^^'':^^ to 80-80C., but the close

demand

quiet

'

,

lairl/activldfirm.'

Wc^^^eT

..

Brnng.,<fco.

Charleston
P.

..

24,776
661 1,020.260
170.622
53 462,351

Boyal.&o

30

WllitalnKton

Wa8h'tn,<&c

398

Norfolk

West Point.
NwptN.,*o

New

York.
Boston

Baltimore.

..

..

Ptiirdel'a,4o

Totals

191
37

200
711
187
141

1.676
161,218
2,342
520.252
335.734
47,766

149,468
99,372
89,251

6,101 7,110.664

*"'' ^°'"' ''"'''^''-

^ops

4,569

2,032

14,582

2,410

......

1,016

88,9(13

Nor-.— 520 hales daduoted at
since September 1.

-•

44,588

5

876 1,125.124
188.966
375 509.173

34

188,470
S,746

2,706

2,888

477
438
46
45
582
394
218

644.7.15

3,305

5,469

440

289

.......

351.425
97,477
135,406
122,138
50,4 88
72,910

......

276.641
4.000
13,489
6,181

133,236
1,500
4,153
4,273

7,884 6,915.680 418.386 204,59S
Orleans as oorreotlon of receipt*

Now

In order cuat comparison miv be made with other year,
the totals at Iwi Mnt '> >rts for si x se i'>a^.

we

jjjvp halow^

«"«ipuo«—
I

6alv'iton,&o
Now Orleans
Mobile....

189^.

1891.

699
2,740

2,565
1,611

53
661

30
393
228

218
876
375
34
477
484

All others

1,239

Tot. this week

6,101

Bavannah.
Oharl'st'n.&o
Wllm'gt'n,<ko
Norfolk...

W't Point, 4o

53

18stO.

188

I

4 8

1888.

<

473
317
19
98
9

1,583

86
233
1,192

36
57
99

25

1,244

32

7,884

3,756

1887.

1,204
1,526

3,400
5,602

275

34
337
149
9
6

4,436

710

460

158
2,306
2,698
6,136

103

1.406

19 449

9,649

5

4

ainoeHnnt.l

7110,664 6915,580 5804,763 55 10.437.5526,960:5223,097
Theoxporcsfor cne week ending cttis ovoamg roicti a total
of 19,50S bales, of which 13 633 were to Great Britain, 2,635
to France and 3,131 to the rest of the Coutinont.
Below are
the exports for tbe week, and since September 1, 1891.
fVeek SrtdinQ AuQust 12.

txporU
from—
SalTaston
Velasco, Aa...
^ew Orleans..
Mobile

Bxvorttd
Qrear
3r«fn. (Vansi

tram

to

Oontinent.

Total
npvs*

630,360

175.81)7

york.....

6*9,782 2,I6t,nS
37,888
507,013
103,798
S50,21S
181 632
118,573
62.902
198.910
37.311
110,787
16,8d7

7,91X1

9t.l.t0

8,178

1,302

1,272

85

l.SLli

21.97H
638.843
273 107
127 780
21,627

7,58»
1.272
1,871

Total

13.892

^«)

11 SI";

S.131

Total.

807,611
10.137

301.2;19

«5.';71

151898

'htladetp'a.&c

iQa/^.m

97.319
36,684

30,197
<,81U
5.56U

98.917
160 U3U

Point...

Boston
Baltimore

0,B05

9SS.192 613.SS8
87,8B«

8,7113

•^'portNws.Af

New

Oontifunt.

3,75.1

8.187

Charleston...,
*llmlnj(ton...
Sorfolk

Vest

Strt.l. 1891, to .iuo. 12, 189S.
Kvpnrf.t4 to—

artat
OrUain. Tranci

^sTannah
Brunswick

^^^^ ^"' '^^
Pig i,on dull and weak?
"•" '* unchanged at 610c. in bblg
bulk
in
DuiK, B^^^.'
mc. in cases; crude in hhU n-'inr. ;., u i A seOc "*
5a ; crude c^r.iUcates have been mnl .'.? ^"^^ ^°V "aphtha
Western buyiug. closing steadvatTr^/nJ^-^?'* '*'«'^'''" «''
'"^?entine
U closmg fairlv'^kcive and st^^y
•«*M(a29c. Rosing are
pteadyai $1 zO dtl 27i^ io,o^^^^ aMsVl^o"*'
IS

riorlda

Savannah.

27,251

6,27-.J

21S630

87.i;8

10.121

155.062

7,811

708

791,751
283.5J8

290.112
22,339

18.608 3.389 377 892.131 1.758.370 6.8S»,87S
1

ITX

OH

'

''0

fin

1

ats 2^1 < 754.197

AuacST

13,

THE CHRONKJLK

18M.]

259

In addition to above ezports, our telegrama to-mnht also
U9 tliti following ainoiintn of cotton on shipboard, n< t

fflye

We

add similar (if^ures for
cleared, at the (HtrtH named.
New York, which are prepared for our special use by Messrs.
Laiab«<rt. 'H H«aver Street.
Oarer, Yale

&

I-

OS---- bS-'ST
ftsS*" •'•os"

aer

|E«

•

!£

i

enuU
BrUain.

New Orleuu...
Oalventon

— w

Norfolk

New York
Other port*

4.,ViO
7.0110

12.362

642

..

.

Moblifl

Total 1892...

Other

OooMt-

r^rnttgn

wite.

3.2R'S

M2
None.
None.
None.
None.
None.
100
Nonn.

Ch»rU>»ton.

;

None.

3.00O

73
8S
100
20
None.
300
None.
None.

8903

579

«iO
None.
None.
None.

00

2..

Stock

Total.
4,73'2

7.^0

64,371
15.9^0
3.819

20
None.

14."•62
7 304

86

HOO

a.twr,

6.600
lO.OOi'

270.041
16.816

22 488

395.898

00

4 9m
6.»02

763
2^

2,61.5

2. 1 -02

S42

l,35^

10.361
8.227

194.232

44

:

demand.

On Wednesday

crop report appeared, showing much
lower average
condition than had l)cen calculated upon, and momentarily there was an advance of 11
12 points; but before the close it had nearly all disappeared, no actual investing demand being attracted.
Yes'erday there was a free
selling our of lont; c itton under advices by cable statin:.c that
great unea-iness prevailed ac Munches er regarding the very
low price of silver and the pro'>able depresaini; eSect upon
exchange with IndiH, our mirket declining 14 points, the
weakness assisted by better crop accoiint-i. To-day the feeling i^ a trifle steadier with small recovery on price owing to
absence of selling orders and vome desire to secure profit on the
part of shorts. 0)tton on ihesp )t has been moderately active
lor both consumption and export, prices declining J^a. and
closing at ^Mc. for middling uplands.
The total siiles for forward .ieli very for the week are 578,700
bales. For iiume<liat« delivery the total sales foot up this week
5,083 bales, including 1,821 for export, l.o61 for consumption
for speculation, ana 1,60*1 on contract. Of the above
bales were to arrive. The following are the official quotations
(or each day of the past week August 6 to AuguBt 13.

—

UPLANDS.

Sat.

Ordinary

.»lb.

41^18

4'8

Good Ordinary
Btrlot Good Ordinary..

6*16

5^
6^

IrOwMlddllnij
Low Middling...

e-'s

,

,

OoodMlddllne
Good MiddlinK..
MlddUngFalr
Btrlot

8\

S»t,

Jtloa Tnea!

5B;«
5il,„

.»lb.

Btrlot Ordinary

Good Ordinary
Btrlot Good Ordinary..

I

MlddUnit...

7U,

Middling
Good Middling

814

H.^8

o

-q^o-Ji

Si":

9

<
2

I0h5
I

I

cow

eco>to^
I

or:

fcOCO®»0

jh.

ai<j

to

^-1
COW

«1

l»

.

.

9

03O»M.1

I
I

.»lb.
5 ,6
5' '18

,

Middling

43g
5
5'e

6^18

5i«
5»«
61s
61»i„
?''«

7»i

7=8

?>

74"

4>8

5
5'8

SPOT HARKST
CLOSED.
•at'day. Quiet at Ijb dec.
Monday Quiet at 1,8 dec.
Tuesday vmei
.«..

202

023
6i>6,

Oun- Spec- Contump, vl't'n tract,

43s

438

5

5

BTs
6'»18

i-'a

Futuree.
"of"'*-

a?

3.t4

3.)4

369
385
247
306

1,170
2,602

16,200
103.100
89,200
1 50.700
136,800
82,700

1,600' 5.0R2

578.700

1.600

O-i

9
oo*.-<
ICfrO

I

».-

I

».«

I

tOM

O

cow
ISO

2
^

'??

<

9?:
^^0*J
1

^i. a
oa<M><
I

5

<i<i
i»co

».":

I

2

-?-?
coco

^i»i

1

1

a."

-J*10-^

^*JO*J

M

C..

tf-

-j<i

I

to

:

OMM'

».»
01

-1

COM-<2
»r:

oicn

«<=>;

I

-j-io-a

«j-ao-j

-a-jo-J

-?<!;

OCJ.

o

CJi^OCO

o.
M—

WlO

o<l

<
9

cxifL

o

2

cjic^Cc^

Cnu.

IDil^tO"*

•=>:

I

* #^

iC

0>

-?-;

a.®:

I

1

2

u, J.

Kk<OM

a."

I

a

sr:

-• c^

aoi

KM

».••

I

2
^

•.«:

to

<l<IO<I

<i-J
ci» '-^

I

%H

».*:
o>

-OI«JO->
CJicJi^cJl

I

dd®«

cJic5»*cJ.

do

03C«

a."

I

*a-ac^

2

«.":

-j^ao^

cidCw d-i°d
W*- ID idm ^
•3-4

do

00
COCH

aco
I

a

I

9

9
**

«

o

:

I

I

2

w

-q-JC-J

o
n

I

I

«

:

5

-id

*

«

to

•J-JO-1

VIQ
I

I

I

M

«J-10-3

^r:

ar
CO

o-j

2
'
»a.~;

00

9

I

(Dm

MM

ar

«t

I

«:

2li
I

I

I

l«:
I

I

I

I

I

s

I

li

I

I

I

I

la:
I

1:

I

I

la

I

I

5

I

l:

I

I

I

I

I

09

<I<IC<I

"l-JO-J

I

1

I

•

10

I

I

2
"^

to

l«:

I

«

^100-1
d.j*d>

I

l«

9

I

-1

«

toes

«

•?-?
*j*i
•310

I

00^
I

2
"^

Oil..

«4-:i®-j

•J
CO

ao
ow

dd®dto MO M
-3-1

d-j®d
a>

o

—o

CO

-5»]0-3

cno

ciii^di

aj^:

<I^O-fl

I

M

I

I

1:

I

1:

I

I

I

i

I

1:

S

4;
I

* Includes sales In September, 1891, for Septe-nber, ltf,« "O; Septeml
ber-Ootober, for October. 344.200; September- Voveculirtr. for Vov^itu
bor,619.0<hi; September-Doceraber, for RecMinber. 1.0»i7..t0i>: Seiitemj
ber-January, tor Janii:»ry, 3.9s»7,2 l.i; Sonti'inber-Kehru.kry, for ^ebra
ary. l,739.S0ii; September- -March, for March, 3. 22,1
September:
April, for .\.prll, 1,50'7.2'H); 8opteinbor-M;ir. for Way. i J 13.200;
September-June, (or June, 2,292,800; September-July, for July,
1,3S*,500.

The following exchanges have been m^ide during th« week:
•19 »d. to eich.

871
385

5

Frt.

Saleeot
port.

la

4

SALES OF SPOT AICD CONTRACT.
*»•

S-l

•J«JO-J

<i

*•!(.

ii'8
8%
9i«

613,8
6»i8 6'3l8
HAJiKBT AND SALES,
The total sales of cottou on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows at a glance how the market closed on
stme days.
6'»ie

-O V

«»r:

^o^

o-j

I

43|
5

-I0

ov o
<1<1

ai";

-io<i

"?^o"^
-J

to

1^ ^? 1^

<i

Frl.

6>«
613,8
73,8

9>«

5
9

<i<l

-J-JO-l

o

I

tH

nion Taea IVed Th.

<J-JO»)
Clin

Vf.

CO

I

O-J

9i«

•»

I

-J-3

6>a
613,8

9>8

Km ^O
-^ %
KM
MX 5

*•

<HCM

»<=:

OOlSi-

Hi"

83,,

9

«J-JO-J

-~l-CIO-J

I

•J-10.J

CO
9

-.iMo*a

o

GOCO

•^o

»l»JO»J

•.•«:

ts

si.r':

-loi

8%

9'i«

Sat.

Good Ordinary
Btrlot Good Ordinary.

Wed'day Steady

I

<i*jo-a

6^

fiOg

508
6I3

8"i8

STAINED.

Thur'd'y Easy
Friday.. Easy

9

loto

5'4

Th.

I

w-o.i Mii°to
ao: o
>
<1<1

8!\i

Wed

u

71*18

MiddllDK..

Middling Pair
Fair

I«w Middling

«?>.

»1^0~1

4''8

6J4

5Ki
5°8

6»„

I«w Middling
Good

8%

I

I

1?

83^'"

8^8

MO

2

»."•;

fcOM

ou

8'»16

GOLF.

Btrlot

7!i"

05

to

7''8

SUr

Low

74"

1

<i~J5-i

6l3,g

fS
74"

7»8
?'«»
7»8

MJddUnK

Btrlot

4'»
514
610

00

2

li":

6'i«

Btrlot

Ordinary

4''8

5>4
6i«

-4f

-1-)

nion'Taea TTed Th. Fri.

Strict Ordinary

"^^2"?

<1<10-J
00

c..

CO

@

"^

».":

I

QO

-J -J

Bureau

the Agricultural

«.*:

I

-64

la the speculative market for cotton there has been neater
animation, largely the result of realizint;, and prices declined.
Unpromisint!; trade contliuons in Europe was the principal
depres-iing factor.
On Saturday the fluctuation was light
and the close steady, but on Monday, after a perusal of
European mail advices regarding condition of goods market,
many holders of contracts sold out and prices receded lli^lS
points, and on Tue.-iday a few more points were lost owing to

9

c >^
ICO

•;

I

5s
00

indifferent

do

»

«

I

Total 1891...
Total 1890...

?!

^

•

Leaving
France.

«62
None.
None.
None.
None.
None.

Barannah

CI
-I

?''3S-

On aMpboara, not eUared—for
Aug. 12 al-

•1

bi'9 FS-

•'»?5

100 Dee. for Feb.
toeicu. UUO:> Aug. for Sep.
to e.'coh. 100 Sept. for Mob.
•10 pd. to exoh. iOO Oct. (or Not.
•3tf pd. to oxch. 100 rtept. for J in.
•1 1 i>d. to exch. 200 Sop. for Oat.
•01 [Ml

•5fl p<l.

•30 pd. to exoh. 510 Got for Jan.
•02 o I. ro etch 2i>'t Au'<. for Sept.
-12 p<l. to eich. 400 Aug. (or Get.
11 pd. to e toh 100 V:ig. tor Got.
•4 ) Dd. tu ex«h. l,u JO Sep. (or Jan.

Thb Visible Supply of Cotton to-night, as made up br cabia
and telegraph is as follows. The Continental itookn, »< well as
those for Ureat Britain and the afloat are this we«k'a returns,
The 8alb8 and eaiOKs of Futubks are shown by th* and consequently
all the European flgures are brought down
following comprehensive table:
to Thursday evening.
But to make the totals the completa
ToUl.

1,821

1,661

...'.I

THE CHRONICLE.

260

figures for to-night (Aug. Vi), we add the item of exports from
the United States, includ>>at in it the exports of Friday onlv.
1889.
1890.
1891.
1892.
958,000 681,000 569,000
baleB. 1,421,000
Btook at Liverpool
19,000
23,000
17,000
9,000
Itook at London
Total Oreat Britain stock. 1,133,000
5,800
Stock at Uamborg
101,000
Btook at Bremen
24.000
Stock at Amsterdam
200
Stock at Botterdara
9.000
Stock at Antwerp
397,000
Stack at Barre
11,000
Stock at Marseilles
76,000
Stock at Barcelona
13,000
Stock atO'Uja
5'^,000
Stock at Trieste

975,000
4,500
77,000
21,000
300
8,000
205,000
10,000
89,000
10,000
47,000

707,000
4,400
35,000
6,000

588,000

200

300

6,000
131,000
3,000
52,000
3,000
3,000

15,000
84,000
5,000
53,000
5,000
4.OO0

692,000

471,800

243,600

206,700

2,125,000 1,416,800
45,000
46.000
25,000
52,000
21.000
11,000
418,386 204,593
147,953
57,237
103
8

950,600
100,000
25,000
6,000
53,191
7,439
2,008

794,700
45,000
20,000
5,000
84,496
8,080

total Continental Stocks
Total European stocks

IndlacottonaHoatforEorope.
Amer. 00 tt'nafloatfor Europe.
g7Pt,Brazll,i!EC.,afltfor£'r'pe
Stock in United States ports ..
Stock In tJ. 8. Interior towns..

DnltedStates exports to-daj.

3,200
30,200
7,000

1,820

[Vol LV.

—

Quotations for Middling Cotton at Other Markets,
Below we give closing quotations of middling cotton at South
em and other principal cotton markets for each day of the week
Week enditig
August 12.

OLOSINO QOOTATIOSS FOR XIDDLINO OOTTON

7I18

aalveston...

Sew Orleans
Savannah...
Oharleston.

Wilmington.
Norfolk
Boston
Baltimore...
Phlladelplila

Augusta
Memphis.,..
St. Louis
Cincinnati..
..

Wednet.

Tuei.

ON—

Thur$.

Fri.

74
73i«
^^

?4

7%

615,8
7I18
7118
73is
71s

7
7I8

7

74

7
73,8
7=8
7=8

7

7

7

7

73j6
7^18
758

719
7I4
7=8
708

716
714
7=8
758

719
714
7=8
7=8

7i«
714
7!?
7=8
7
7I18

7
7I16

7'ia

MobUe

Louisville.

Hon.

Satxtr.

73,6
7>8

7%
7%
7%

6i5ie
71.6
7>8
7»io

6l6ig

615,,-

7

7

7I18

7I18

7S6

7%
7
7%

7

7

7

7

7=8
7Js

7>s
756
7»B
71a

718
719
758
7I9

7%

7'l8
7»8
7hf.

7I16

7ie
758
71a

74
713

The closing quotations to-day (Friday) at other importan t
Southern markets were as follows:
Atlanta
6% Little Rock ....
6% Newberry
6=8 Raleigh
Columbus, Ga.
6% Montgomery .
7
|

959,096
2,810,442 1,789,638 1,144,238
Total visible supply
Of theabove, the to talsofAmerlcanaudotlier descriptions areas toUowF:

JLmenean—

Uyerpool stock

490,000
52,000
418,388
117,953
103

Ctontinentalstooks

American afloat tor Europe...
United States stock
United States Interlorstooks..
UnltedStates exports to-day.
Total Am 5rican
Matt Indian, Braiil, de,—
Liverpool stock

344,000
140,000
25,000
53,191
7,439

57,237
8

2,313,442 1,320,838

236,000
19,000
92,700
45,000
5,000

497.000

468.800

572,600
571,638

397,700
561,396

2,810,112 1,789,638 1,111,238
3ioi6d.
4>od.
6Hi8d.

959,096

2,313,112 1,320,838

New York

561,396

340,000
23,000
103,600
100,000
6,000

gypt, Brazil, &o., afloat

Total visible supply
Price Mid. Upl., Liverpool

571,633

221,000
17.000
174,800
45,000
11,000

Continental stocks
India afloat for Europe

Total East India, &c
Total American

2,008

333,000
114,000
20,000
81,496
8,080
1,820

219,000
9,000
202.000
46,000
21,000

Londonstock

PrloeMid.Upl.,

737,000
297,000
25,000
204,593

bales. 1,205,000

7'4C.

8o.

E9~ The imports into Continental

12i,oo.

ports this

6Hd
ll^isi'.

week have been

7,000 bales.

The above

figures indicate an increase in the cotton in sight
to-night of 1,030,804 bales as compared with the same date
of 1891, an increase of 1,668,304 bales as compared with the
oorrespondmg date of 1890 and an increase of 1,851,346 bales
as compared with 1889,

AT THE Interior Towns the movement—that is the receipts

and since September 1, the shipments
week and the stocks to-night, and the same items
for the week,

for the
for the
set out in detail in the

corresponding period of 1890-91— is
fol'owinii; statement.

Z3

4

C T ^

g
re

"

t

B K ^
o g-d S

^*

T

— S-H

» aj5 a- s

S.B

lg
p?

O

I'S'

S: S

q:

3

o
:

o

6i«

6 "s

Nashville
I

714

Natchez

W *> CO

Ifc

oia

.

lU

O 0« *1 M M to p- C to M QC W CO W 03 <I O CJ O o m riT/tv^i
Jk.

Week
tndtnt—
July

Receipti atthe Porta.
1890.

1891.

SVkat Interior Townn. Rec'ptifrom Piant'ni,
1890.

1891.

1.077

8,907

12,874

15.911

lSi)2.

(CMM

tdOCtD

u

CCQO

Mm»

*^\9*-t*^t^'

14*:
m:«-

,

QCCC,

M*

MA;

E: 2:2 ££8: 5-,«t^

OIOO sstrs^i

!

'2«c'k -Vc:

*^0
M<5

M

OIO-.MM

Mi^tctocto

owl

<5*

tCOMil^

<0m

;

MtoOS

Mg.

Mta

M

Tit

^

KW

Mfo«

o<uaia<-o

MC1K,U<OCJO

K/-.

MMtcw

1892.

15..

2,-592

14.172

18.178

14,551

•'

22..

3.5S1

71,783' 159,289

2.6rfe

7,930

6e,676 156,507

2,213

2,197

B..

1,119

7,277

5.622

3.758

61,580 152,473
57,237 147,953

1,780

12..

12,075
6.979
8,856
6.101

10,147

20..

8.902
7.330
6,850
7.881

3,535

1.581

"

Aug.
•

7,439

The above statement shows:

1.

1

l,232l

7,001

4,794
7,828
5,686

3,918,

—That the total receipts from

the plantations since September 1, 1891, are 7,202,688 bales; in
1890-91 were 6,958,347 bales; in 1889-90 were 5,798,643 bales.
2.
That, although the receipts at the outjiorts the past week
were 6,101 bales, the actual movement from plantations was
only 1,581 bales, the balance being talcen from the stocks at
the interior towns. Last year the receipts from the plantations
for the week were 3,533 bales and for 1890 they were

—

3,9 '.8 bales.

—

Weekly Overland. In consequence of the smaUness of
the cotton movement, the detailed statements of weekly overland will be omitted until the beginning of the new crop year.

the takings by Southern spinners to the same date, so as to
give substantially the amount of cotton now in sight.
1891-«2.

1890-91.

1889-90,

9,002,700 8,567,511i7,194,313

Northern spinners' takings to August 12 2,178,092 2,O0O.lO6!l,756,894
* Decrease from September 1.
It will be seen by the above that the increase in amount in
sight to night, compared with last year is 43.3,189 bales and
the excess as compared with 1889-90 is 1,808,337 bales.

wcc:o:kiom

e»<oauou«:

1891.

'

Sfti

_;

f

••

Total in sight August 12

^MK MM^

CCt^

a:

1880.

!

tDKOO
ctSi^Moaw

;^£SES§g^s?§g; £2l2iliS

1892.

93,815 174,614
86,677lia5,808

8.

Total receipts from plantations
7,202,688 6,958,217,5,798.643
Net overland to August 12
835,700
....1,183,012 1,037,264
Southern consumption to August 12
617.000 572,000 510,000

J;:;

|gBg|°ill^§§|g|iililillilg2

ft'ig

Receipts at the porta to August 12
,7,110,664 6,91.7.580 5,304,763
Interior stocks on Aug. 12 in excess of
September 1
*e,ll!0
42,667
92,024

MM is
M!C|J.^^^o^5oo!
WOS

c,
M. OCT^COMCKIOl

OWCC. Oi^OOMOOOOmS.

.

;

....

Receipts From the Plantations.— The following table
Indicates the actual movement each week from the plantations!
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop whicb
finally reaches the market through the outports.

ssPBrgg

MMM<i,-to«!Oo:tc

7

Shreveport

I

m»m!
oow.

Selma

Amount of Cotton in Siciht Aug. 12.— In the table below
we give the receipts from plantations in another form, and
add to them the net overland movement to Aug. 12, and also

SQ93

o

.

Columbus, Miss
Eofaula
v

&

Weather Eeports by Telegraph.— Our reports by telegraph to-night indicate that there have been beneficial rains the
past week in a number of sections where neede>l anil crops
are consequently improved. At some points in Alabama and
Mississippi, however, there has been too much rain.
Picking
is active in the lower half of Texas.
Oalveston, Texas.— Four hundred and three bales of new
cotton have been received this week, making five hundred
and three bales to date. There have been splendid rains on
two days of the week, the rainfall reaching four inches and
thirty-four hundredths. The thermometer has averaged 81,
ranging from 73 to 90.
Palestine, Texas.— Crops are good.
There have been fine
showers on two days of the week, the rainfall reaching thirty
hundreths of an inch. The thermometer has ranged from ej
to 94, averaging 81.

We

^.1

"ijures estimated.

«f&if^i:-Xn^£^^^H

Huntsville, Texas.— Crops are excellent.
have had.
nice showers on two days of the week, the precipitation
reaching forty-seven hundrelths of an inch. Average thermometer 83, highest 94, lowest 73.
Dallas, TftKas. —Rain is needed locally quite badly, but fine
rains have fallen all around us and indeed nearly everywliere
in the State. Crops throughout Texas are very promising,
but will soon be needing rain. There are the usuil neighborhood reports about boll worms and also caterpillars, which
go for nothing as yet.
An abundant corn crop is now secure
and cotton looks well. Picking is under way in the

i

AuQUST

THE CHRONICLE

18, 1892.]

lower half of the State. We have had one lip;ht shower .during the week. Rainfall fifteen hundredths of an inch. The
theremometer has averaged 85, the highest being 100 and the
lowest

WUson, North Carolina.— Hain has fallen on one day of
the week, to the extent of forty-eight hundredths of an inch.
The thermometer has ranged from 70 to 94, averaging 85,
The following statement we have also received by telegraph
showing the height of the rivers at the points named at 8
o'clock August If, 1893. and August 18. 1891.

70.

San Antonio, Texas.— We have had niap;nincent rains on
five days of the week, doing immense gooil but too lata to bo

much bonolit to cotton, which will be rather short. Picking is active. The precipitation reached three inches and
three hundredth."). The thermometer has averaged 82, ranging from 70 to 94.
Luting, Texas.—Crops are excellent and picking is well
under way. It has rained on one day of the week, to the extent of fifty hundredths of an inch. The thermometer has
ranged from 58 to 94, averaging 76.
CoiitTOhia, Texas.— There have been two days of splendid
rain the past week and crops are good. The precipitation
reached ninety hundredths of an inch. Picking is active.
Average thermometer 81, highest 94, lowest 68.
Cuero, Texas.— Corn is abundant and cotton looks very
promising, with picking active. It has rained on four days of
the week, the rainfall reaching one inch and sixty-eight
hundre<lths. The thermometer has averaged 83, the highest
being 96 and the lowest 70.
Brenham, Texas.— Crops are good and picking is making
good progress.
have had fine rain on three days of the
week to the extent of seventy-four hundredths of an inch.
The thermometer has averaged 83, ranging from 70 to 96.
Belton, Texas. At last we have enough rain. It has rained
splendidly on three days of the week, the rainfall being three
inches and twenty-one hundredths. The corn crop is now assured and cotton has been greatly helped. The thermometer has ranged from 66 to 94, averaging 80.
Weatherford, Texa.". Crops of all sorts are exceedingly
promising. No rain has fallen the past week and none is
needed. Average thermometer 84, highest 98, lowest 70.
NetB Orleans, Louisiana. It has rained on four days of the
week, the precipitation reaching one inch and fifty-nine hundredths. The thermometer has averaged 81.
Shreveport, Louisiana. Telegram not received.
Columbus, Mississippi. There has been rain on day of the
week, tlie rainfall reaching one inch and ten hundredths.
The thermometer has ranged from 68 to 100, averaging 83.
Leland, Mississippi. There has been rain on three days of
the past week, the precipitation reaching eighty-six hundredths of an inch. Average thermometer 81 "6, highest 93,
lowest 69.
Meridian, Mississippi. Cotton in bottom lands is over-run
with grass in consequence of too much rain. The crop on uplands is claimed to be sappy and cot fruiting well.
Little Rock, Arkansas.
There has been rain on three days
of the week, and it is raining now. The rain has done great
good to cotton and a marked improvement is reported. The
precipitation reached forty -nine hundredths of an inch. The
thermometer has averaged 80, and ranged from 70 to 86.
Helena, Arkansas. There has been rain on four days, on
two of which heavy. The rains have been local, but too much
for cotton. The precipitation reached one inch and ninetytwo hundredths. The thermometer has ranged from 73 to 92,

261

of

We

—

—

Mew Orleans

—

—

—

yaabvUle
Shreveport
Vlckg'jiirg

82.

—

Memphis, Tennessee. The crop is late, but condition is imWe have had rain on three days of the week, the
rainfall reaching eighty-nine hundredths of an inch.
Average thermometer 82'1, highest, 9o'2, lowest 70*5.
Nashville, Tennessee. Telegram not received.
Mobile, Alabama. Crop reports still indicate poor fruitage
and excessive grass. Th« first new bale arrived on August 8
from Nelton & Co., Wilcox County, consigned to B. Kahn &
Co. It weighed 400 pounds, classed middling and sold for
thirteen cents per pound. It has rained on five days of the week,
the rainfall being one inch and seventy-one hundredths. The
thermometer has averaged 80, ranging from 70 to 90.
Montgomery, Alabama. There has been rain on five days
of the week, the precipitation being one inch and seventyeight hundredths. The thermometer has ranged from 70 to
proving.

—

—

—

89,

averaging

—

Savannah, Oeorgia.-There has been rain on each day of
the week, the rainfall reaching one inch and sixty-five hundredths. Average thermometer 81, highest 94 and lowest 71.
Augusta, Georgia.— It has been showery on four days of
the week, the rainfall reaching six hundredths of an inch.
Crop accounts are good— crop developing promisingly. First
new bale reached here on Thursday. It classed strict low
middling and sold at 9 cents per pound. The thermometer
has averaged 80, the highest being 96 and the lowest 67.
Charleston, South Carolina. There has been light rain on
two days of tb« week, the rainfall reaching sixteen hundreths

—

12-4
2-4
3-6
21-3

12'8
2-4
10-4

211

I

Shipmenti

Ihit teeek.

Shipmentt since Sept.

_

Oonlinenl.

Great
^o'<^- Britain

Tear Oreat OontiBril'n.

•91-2
'90-1
'9-90
•88-9

nenl.

,

,

Reeeipii.

1.

Total.

ThU

Sine*

Week.

Sept. 1.

69.000 828,000 897,000 6.000 1,740,000
1,000 103,000 91S,000 1,021,000 16.000 2,045,000

1.000

3.000' 3,000 SiiO.OOO 111701
1,480.0001 7,000 2,197,000
1.0001 2,0Oo;37!),OO0l887,0O0l 1,266,0001 6,000 1,864,000

1,000

According to the foregoing Bombay appears to show
a decrease compared with last year in the week's receipts of
10,000 bales and a decrease in the shipments of 1,000 bales, and
the shipments since Sept. 1 show a decrease of 124,000 bales.
The movement at Calcutta, Madras, and other India ports for
the last reported week and since the 1st of September, for two
"Other ports cover Ceylon,
years, has been as follows.
Tuticorin, Kurrachee and Coconada.
'

Shipments for the week.
Great
Britain.

Continent.

Shipments since Sept,

Total.

Britain.

Continent.

1,

Total,

Oaloutta—
1891-92...
1890-91...

11,000
12,000

32,000
41,000

43,000
53,000

22,000
30,000

13,000
23,000

33,000
53,000

Hadras—
1891-92

..

1890-91...

AU others—
1891-92...
1890-91...

1,000
2,000

2,000
3,000

3,000
5,000

35,000
57,000

6S.000
77,000

103,000
134,000

Total all—
1891-92...
1890-91...

1,000
2,000

2,000
3,000

3,000
5,000

68,000
99,000

11 3,000

181,000
240,000

141,000

The above totals for the week show that the movement f roni
the ports other than Bombay is 2,000 bales less than the same
week last year. For the whole of India, therefore, the total
shipments since September 1, 1891, and for the corresponding
periods of the two previous years, are as follows:
EXPOBTS TO ECKOPE FBOH ALL INDIA.
1891-92.

1890-91.

1889-90.

Shipments
to all

Europe

from—

This
meek.

Allotherports.

Sept. 1.

This
week.

Since
Sept. 1.

Sine*
Sept.l.

897.000
181,000

1,000 1,021,000
5,000 240,000

3,000 1,488,000
4,000 351,000

3,000 1,078,000

6,000 1,261,000

7,000 1,837,000

3,000

Total

This
week.

Since

Bombay

ALEXANDRIA RECEIPTS AND SHIPMENTS.

—Through

arrange

ments we have made with Messrs. Davies, Benacni & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
corresponding week of the previous tvyo years,
Alexandria, Egypt,

August

1891-92.

1890-91.

1889-90.

2,000
4,664,000

4,018,000

1,000
3,173.000

This
8i)tce
week. Sept. 1.

This
Since
week. Sept. 1.

This
Sine*
week. Sept. 1.

2,000 329.000
7,000.277,000!

1279,000
1,000251,0001

1,000 159,000

10.

Receipts (cantars*) ....
This week....
Since Sept. 1.

80.

Auburn, Alabama.— Cotton is beginning to open. The
week's rainfall has been forty-five hundredths of an inch.
The thermometer has averaged 76-5, the highest being 89 and
the lowest 69.
Selma, Alabama. Telegram not received.
Madison, Klorida.— Telegram not received.
Columbus, Oeorgia.—Dcy weather has prevailed all the
week; the thermometer has ranged from 73 to 89, averaging

rt*i.
5-8

104

INDIA CJOTTON MOVBMKNT FROM ALL PORTS.— The receipt
and bipments of cotton at Bombay have been as follows for
he week and year, bringing the figures down to August 11.
BOMBAT aECEIPTS AND SHIPHEMTS rOB FOUB IBJLBS.

—

averaging

Aug. 13, '01.

Fett.

Above low- water mark.
Above low-watermark.
Above low- water mark.
Above low-water mark.
Above low-water mark.

Memphis

—

—
—

A.ug. It, 92.

Bjports (bales)—
To Liverpool

To Continent....

265,000

Total Enrope.

9,000 606,0001 1,000 530,0001 1,000 424,000
pounds.
This statement shows that the receipts for the week ending
Aug. 10 were 2,000 cantars and the shipments to all Europe
9,000 bales.
*

A oantar Is 98

—

Manchester Market. Our report received by cable to-night
from Manchester states that the market is flat for both yams
and shirtings, Production is being curtailed slowly. We
give the prices for to-day below and leave those for previous
weeks of this and last year for comparison:
1892.

SH

32< Cop.

1891.

lbs.

Shirtings.

Twist.

Oolfn
Mid. 32( Cop,
Twist.
Uplds

an inch.
The thermometer has averaced
83, raneinir
e.
b •
d.
d.
8.
d.
d.
d.
d.
d.
from 74 to 93.
July 8 6*4 97H
0>i96 6
315i8 7
«7»ig
" 15 6»4 «7>4
Stateburg, South Carolina.— Vfe have had rain on two
0>a'36 6
3i»i«i6% «7>«
" 22 6»ig 91^
o ae 5
3"Sl«;6«i 97819
days of the week, to the extent of fifty-one hundredths of an
•' 29 6'>,»a>7»,8„
0>4«6 5
4lig 6^ «739
^ch.
Average thermometer 774, highest 88-6 and lowest AnR.»|6»ie -aVJe |5
96 4'a 4
6^ ®739

8H

lbs.

Shirtings.

OoU'n
Mid.
Uptdl

of

.

1261, g

®7

l4

11

4

31»i«

6Hig971ig

d.

s.

d.

d.

96 10
«6 10
s^ae 10

9
9

8>s96 10
h>s»6 10
9 9611

4ia

THE CHRONICLE.

262
Fall Ritbe Mill Uitidekds.—Thirty-one

—

Cotton Crop Circulae. Our Annual Cotton Crop Review
form about Thursday, the Sth of

of the cotton

will be ready in circular

have demanufacturing corporations located at Fall Rirer
the year, and the
clared dividends for t le third quarter of
in a few instances
exhibit made is quite satisfactory. While
quarter
corresponding
the
in
the same rate of distribution as
in almost all cases the
maintained,
been
only
has
Tear
last
of
below,^the
dividends have been increased. As will be seen

—

JUTR BtTTTS, Bagging, <&c, The demand has been fair for
The close
jute bagging during the week under review.
to-night is at 63>^c. for 1% lbs., 7c. for 2 Ibe. and 71^0. for
standard grades. Manufacturers being pretty well stocked
up, jute butts are quiet on the spot. Quotations are li^c. for
paper grades and 2}^c. for bagging quali'ies

The AORICULTtTRAL DEPARTMENT'S AUGUST REPORT. —The

following Statement, showing the condiiim of cotton, w»g
issued by the Department of Agriculture on Augiist 10.
The Auifust raport of the Statistician of the Department of Ajifloultuf e shows a reduction In the oonditioa of cotton du-inc July from

Dividends 181«. Dividtndi I8S1. Increfue
or
P. C.
'

Bamiird ManufV o...
Border Oty ManufVCo..

Bourne Mills
ChBce Mills

Kerr Ti re»(i Co
King Philip Mills

^

1W
+4

1«
2

800,000

J«

•iis',oon
4' 0,000

1

200,01.0

1«

1«
IH
1«

Teciim»eh

viiils

A

W

Mfg. Co..

Union Co ton Mau'lVC'i
Wampanoatf Mills
Totals

400.000
800,"i'0
500,01 lO
'0,000

2 "4

!>>OflO

00

8.70-1

18.000

4

IH.IlOO
6.0CIO

-U.iino
-|-4.00'J

-hio.ono

Collecting the three months' figures of the present season,

15.000

1«

4,0.10

and comparing them with the reported condition for the same
months of last season, we have the following results

1,001
-fll,2">0

m

12 000

.(.000

8.000
8.000

-->.»00
4.000
t.OOO
--HO'lO

12,00

9.0

11.00

4,000
5,500

5.500
16.O0O

i'li.odo

;

4.000
3, "0

"4,oV6

S.IK 10

12.000

xi.2:.o

Statet,

-f3.000

87
8n

Florida

^^2^.^oo!-t- 1.56.88)

Arka sas

91
91
82
81
75

Tounesseo

90

Mississippi

-.

Louisiana

w

now

combine the foregoine results with those for the
half-ytar (published in the Chroniclb of May 21, page 857),
we have tee following exhibit for the nine months. Lack of
space prevent:! extended comment on these results, but the
statement shows that thirty-two corporations distributed in
If

91
94
88
86

90
85
84
87
77
87

87-'i
8!»-3
Pt.-3

>-0

85-3

83

8 •()
84-7
75-7
85 3

8.=>-3'

88

75
71»

1

9.1
^•0

77

80
90
89

>-5

8'>

94
87
vl

8h
88
91

91)
•5

t-9
'.3

9
H2

^

75
83
88
94
89
93
90
92
95
82

S2'3
81-0
83-7
92-7
88-3
90-7
89-3
92-7

924
790

S^'O 8-T7 88 6 S8-9

85-9 86-« 82 3

Average

9>

s

82
83
84
81
83

86

^

«

f

^

1 J_
88
91

+^eal.-.ul.ual.

•OntOO'i.OOO.

1

-4,001
-).500

-l-Il.ijSO

t37'<.-80

1B91.

1892.

5,500
B.OOO
6,000
22,500

9.UO0

1«

7:,0.00O

4-5,

1-2,400

2 '.600

750.000

+.i,3'jO

"eVooij

10.0' ifl

,<!'

.

lii.OiO
6.0001

18.000
8.000

1)00.0' iO

S90,0"0

Stafford "Ills
t

!>4,0O0

20,000
6,000
40,000
15. 00
8.000
11,250
10,000
2.880
6.100

8 0.000
800 000

+6,000
8,!»'0

11,I1<|0

5

-t-H.I »1>

20.0

10,000
2.400
6.000

2

bo .000

Mills

Blade Hill

TroyC

¥

7.V>,"00

Merchanip' Manuf * Co...
Metanoniet Mamit'g Co...
Narrapa- st-it Mills
Kobesor. IHiliw
PoCHSset Manufy Co
Richard B rd«n Mfir. Co..
Bajiamor MauulV Co ....
Seacon et i>iilla

1^,000

12,00(1

4oii,auo
4 iO,U00
1,' o<i,o"0
1,1100.000

86» to 82-3. This Is the lowest iVHr^Ee siuci- .\uii:ist, l-8f>. when the
general condition was one point lower. The season has bean almost
everywhere too wet. though in South Carolini and (leorgia alternations of exoessive rainfall and blistering auiuihine have been injurious.
In Texas, need of rain is reported by some correspondents. Th«
natural result of these oondltiooa appears in grassy flelda. rank plant
growth, and small fruitage, with oonsirterablc shedding. Grass worm*
and caterplll.irs have appeared In the mure Bouthern and Western
dlstric 8. but no material damage has j et resulted. The State averages
of condition are: Virginia. 83; North Carolina. 8 J; South Carolina,
83; Qeorcla, 84; Floriia, 81; Alahama. 83; MisaUsippi, 80; Louisiana,
83; 1 exas, 86; Arkansas, 75; Tennessee, 79.

Amount Dec ease

e,o»o
6,600
20,000

1, (0,iiOO

4011,0

Ijsurel \,-k-- Mil «
Mechanics' Mi'ls

Shore

400,000
12li,'.0O

Mils

HariiraT.'9'

2
3
2
2

l.OIMI.i'O

400,00'
580,01 iO

Flint MillGlobe T rn Mill.s
te Milts

Gran

h

.'iSO.i'OO

StO.OiiO

Conan'Cut vlilla....
Darol Mills

r.

fie,oi/o

t-lOO 000
*|iO,"oO

Amerlcnn Linen C
BarDal>7 «a. ufV Co...

Amount. p.

with

their business card printed thereon, should send in their orders
as soon as possible, to ensure early delivery.

THIED QUARTER.
Capital.

m quantities,

Parties desiring the circular

September.

of $18,528,thirty-one corporations, with an aggregate capital
return
average
an
or
of
$378,880,
total
000, have distributed a
the total amount
to the shareholders of 2-04 per cent. In 1891
cent,
paid was only $222,000, or an average of but 1-22 per

CorporatioM,

[you Lv.

8 7-7

The iiXPORTS OF Cotton from New Yorit this weefe show an
increast- compared with last week, the total renching 7,569
Below we give our
dividends in the nine montlis of the present year $972,980, or imles. aKainst 3, .388 bales last week.
cotton from New York,
an average of 5-09 per rent, against $674,300 or 8 84 per cent usual table, showing the exports oflast
four weeks; also the
and the direction, for each of the
in the like period of 1891. For the full year 1891 the ratio of
total exports and direction since Sept. I, 1891, and in the last
distribution was less than 5 per cent.
oolumn the total for the same period of the previous year,
NDfE MOSTHS
XPOBTSOF COTTON (BALES) FEO.M KBW TOEK 8IS0B SSPT. 1, 1891.
Fee* Ending-

Dividrndt 1892.
Corporotioru.

American l.tnen Co
Barnab .M»imfa.-V

Capitol.

-"o.,

Barnard Manul.'C'K Co.
Border City Man'Cv Co

Bourne .\ll la
Chace Mills
€onan cut Mills
DaTol Mills

Yam

lOO.OOO
400.000

I^ik.-.Mli'B
.Mills

Mills

Osborn .Mills
Pocasse Ma'nract'g Co.
Rlcbard H>r.lDn MTk Co
Bobes in Mil.s
Sasainore Mfc. U'
Seaoonnot Mills
lOTe M lis

4

1. 000.000

4^4

400.000
750.000
800.000

4H
8

S

•

On

'

year.

700

412.178
96,465

468,589
53,230

6,178

538.643

521,810

89

£6,828

42,592

6,478

3,174

100

808
287
50

1,40D

Tot.toNo.Edrope 1,145

1,625

..............
.... ........

tl4

4

-tpaln, Italy,

260.(10(1

IH
5H

411 other

100.000
400.000

<"<)...

Co...

&H
3

KOOJIOO

6

BOfl.OOO

6

00,000
750,000
700.000

8
9

Grand Total....

+1S.760
»9T3.WH0

a-84'

»^74..'{L'0

"*'"'"^»*"°'""'
It.

403

37,478

42,994

653

214

125
100

49,703

36.197
44,958
71,646

51.816^
70,040|

""so

^

214

703

171,559

152,799

589
10

42,154
1,917

45.012
4,743

100

2,146

100

2,146

fi99

44,071

49,785

2,120 12,842

3,388 "TJseg

791,761

767.397

citremelv small.
especially In .Northern li

1

i,

veek, and since September

1,

1891.

-hiflS.gSO

N«W TOBK.

no, toS

Ha wh«e

lite

'"''"'" monsoon has. so tar, been very HnaatiBf«n»nr,r .„^

Bo«Ton.

Philadblph'a

HtctipU
'

Crop accounts are thf reverse from encourairine
Central rroTl, coK and slso the Deocan^hoTaSfkuIn th« R/iMr. .n.4
bo*n fairiv
.aOaf«ctory..«lthiabeen lu the Madras PresWency.has
but Ken.riu?
•peaking, r WeMem. Outral. and especially lu
-Vorthern India U has
£^ in tennlttent. and prosp/.t. are «?r<ii.S,. .ra^ta/
Wbirtbi ',^?.^'
2li?.? ."r ""«'*_!}*" '"'•'' ""wn •nd (terinlnat«d the youne plants are
''^•'•'•"'K. ••"'J "Jiless TKln soon falls In abiimance
tbS
I,^?iw^V";:
'?*.'"."
KX",'!."',
Ufe J et. but 11 U Tcry near

6.i0

The Following are the Uross Bkokipts of Cotton at
Sew Y')rk, Boston, Philadelphia and Baltimore for the past

SM
S09

&o

Total Bpaim, Ac.

5

550,1100
S-i 1,000

lll'.12S.0OO

69

7o

nher porta

luoo.ouo.

.Z?'*"?'i

100

Sept. 1.

3,174

530

period
previou$

1

East Indu CEOP.-The following is from Messrs.
Lyon
Comber & Co.'s cotton report, dated Bombay, July 7th.

I

75

KOO.OOO
800.000

Mills

Totals.

8,771

Bremen

5

oo

600.'

.Mill,

Wampanoa^

800

Qambtirg

4

28.S.0.0
4011.000

Mi'iB

Teoumsoli

Tot. TO Gt. Brit'n.

Total French

l.OOc.'iOO

Stafford .MiiU

TrorCoi.JiW MfK.
DnIOD Ci.iton VIT,

8,241

Other British ports..

700
100

,

Jther French ports.

1,200.001

Merchants* Vlunu'.ic'K Co.
Metaccm 't Man'f g i'o....

Wade

5

4110,0110

"Kerr Thre'id <!o
KlnK Pliilip Milla

'

29.

Same

Total
tinee

Aug.
12

120,000

viiiib

Narrairar SRI

July

22.

Liverpool

5MO.0OO

Mechaiiici'

July

Aug.

400.000

Oranlte «'ll«
Harsraves* Mills
Laorei

$800,00(1
4110,000
:rao,ooo
1,000,1100
50- ,001

Flint Mills

Olobe

Exported to—

n

Orleans.

Thtt

ainct

Thtt

WMk.

Stpt.l.

VIMfc.

2,931

801
835

4S8.818
336.957
3ai,4»4
6,197

florlda
lo.Carol'a.

ao

<o.Carora.
nrginia...

75
eo

6,183
187,994
88,793

Paxas
lavannah
klobils

883

wttk.

859

88.088
• >

Sinct
atpt. 1

8,408

BALTIMOBI.

TMl

Since

XMk. BtpUl

1

10«',4SS

••*

•<••••
....

148,810

vn

...

800

105

1««,9»7

1.491

9.931
9.177

1.845

148,751

882

89.111

1,095

99,188

«'

6.48S

4,«74 1.647,483

3,516

711,880

811

116.822

1.201

872,«««

0.S88 1.435.481

8.458

830,888

811

ln*,23S

1.092

«76.70«

68

fann., ko..
Torelgn....

iiOO

4«0

88.9SS
87.787
..

Vhia Tsar

T(li«

60.858
481.3U9

lorthn ptf

Uift rear

Sinct
atpt.l.

Shippino

Niws.—The

exports of cotton from the United
States the put week, ae per latest mail returns, have reached
20,921 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph and published in

August

Chroniolb

the

THE CHRONICLE.

18, 1893.]

With regard to New York we
cleared up to Thursday.

last Friday.

ncludo the manifests of

Hat.,

2,217

To

..

Hull,

per Rt«amer« Arizona, 47

iifi

796

370
Kteumor FraiicUoo, 300

8,47»

30O
400

ToLoiKlun, per moriiunr Mus«uohiiRett«, 400
To Havri>. jiiTut »nii<r L» Toiiriilue, 89
Lahn, 153
To BrfiutMi, 1MT -tf^auit^r Klt>4«. to
To Antwerp, p**r Rt«-ani»'r Bt.lK<'»lanct, 50.....................

To Uriinn. per RtfiiiuKr PiiliU. 539
To NaploK, p'-r •t«aiii«r .Mannll la, f>0
To Moito", per »tjinuier Yuujurl. 10

Nbw

89
653
50
639
50
10

•

steamer

Lit- rp' ol. m-r

Oui.kaks— Til

Wm.

OUfTe. 2,.556

S.-^Se

To HiiuiliiirK, pur •tfauiprs Oli'iili'lir. UDO ..Helvetia, 267..
To Harwloim. p«r «i.an:t<r Gran Ajitlllla, 3.722
To MiilaKB. per r.|.ami'r Gran AutUlla. 1.400
KOBl^)LK— I'o Livcrimoi, per»t«aiiier O>irrlok (adilltlonal), 3.'51
Roman,
Boston— To Liverpool, per Btraiuers GeorKlan, 519

1,167
3.7^2
1,400
351

d Lon
don.

Mortolk....

pool
6,478
2.556
3.M

Beaton

1.119

Baltimore.

2,489

York.

N. Orleans.

A Ham- dam A

fax d
Havre, burg. S.ntu>'p. Italy. Mexico.

7U0

and

50

653

89

589

10

Total.
7,5ii9

8.845

6,122

1,167

351

100
50

398

700

Total.... 11.993

Msti.-Aprll.

100 5,711

89 2.218

1,219
2,937

110 20,921

9— 8tt-aiiier

Bosiox— To

— Aug. 2— Steamer ijoiumblan. 1.163
tine. 1
Auft. 5— Steamer SoytUa, 3

AuR.
Aug.

Llverpo.ll

Steamer Pale

Mirhlnan.

Bteatiier

4—
8—

1( 0.

Baltimobe— To Ltvni pool— Aug. 5— Steamer Parkmore, 55.
To Bremen -AUK. 3— Steamer Stuttgart, 417
Aug. 10—Steamer
Weimar, 1,400.

To Botterdaiu - An<;. 9 -Steamer Sobledam, 2.
Cotton freights the past week have been as follows:
Mon.

Satur.

WedntM.] TKurt.

Tittt.

FH.

liverpool. steam d.
bld.-.d.

Havre, steam... d.

Do

•«4

d.

Bremen, steam, .d.

Hi

Indlrect-.d.

HamburK.steam.d.

Do

*sa

d.

Am8t'd'm,9team.d.
Indirect

30*

30*

30»

80*

30'

30'

d.'

-16.
d. i>»(-'°m

Beval, steam

Do

ii„-ie„
n„-is„ 11,
lt«A-lSfl* lln
'6«"«4-"'e4,"64-*''64."Si-^''64."»4-"'e4

d

Baroelona,steam(t.l

Genoa, steam.

'
'18
..<<.|ii«-i»s,,iig^a.ij8

Trieste, steam... d iSg^ 414

ng^as,,

I3g,«i4 13^4914

i's4'»''i8

"»«»'i8 i'«4a'i«

^i^n^\u^9'i Xi^ltH

Antwerp, gtz-am.)*.
tf^
" Genu, per 100 lbs
LrvERPOOL. By cable from Liveroool we have the following
statement of the waak's s.iles. stocks, &c., at that port:
July 22.

week
bales.
Of whloh exporters took ...
Of which speculators took..
Bales American

Bales of the

Actual export

Forwarded

Of which Americ*n. .........
afloat

Of which American

Aug.

49.000
4,000
3,000
44,000
12,000
54,000

July 29.
55,000
3.000
4.000
48,000
7.000
49.000
1.478,000
1,255,000
10.000
6,000
41.000
29.000

Total "tock— Estimated.
1.524,000
Of which American— Estlm'd 1,295,000
Total import of the week
40.000

29.000
29.000
20.000

5.

31,000
1,000

Aug.

12,

44,000
2.(100

900

1
1

4.200
38.000
6.000
48.000
1 ,421.000
334.000,1 ,20."i.000
23.000
28.000
18.000
19.000
40.000
40.000
25.000
25,000

28,000
8,000
40.000
453,000

The tone of the Liverpool market for spots and futures each
day of the week ending Aug. 18, and the daily closing prices
of spot cotton, haye been as follows:
Spot.

Market, \
1:49 F. u.\
Kld-Upl'ds.
Bales
Bpeo. Jiexp.

Saturday Honday, Tuesday. WtdTiet. Thurid^y. Friday
In barer>'
favor.

Buler.

4

4

6.000

8.000
1,000

600

DnU.

Steadier.

Harden*8
tendency.

4r.

tv.

M.

Opm

Imt. Olo:
4.

4.

BithlLotr. CIm,

8 67
8 67

8 68

*

d.

•L

4 03

868
868 S6»
868 8 69
880 S8i
8S8 883
101 4 08

4 06

4 04

4 07

4 08

410

4 0»

8 6»
8 6a
8 81

8 88

8 81

400

4 00

883 400

4 03

4 02

4 OS

4 03
4 04
4 07
4 0»

<0S 406 4 06
403 4 07 4 08
410 410 4 10 410

8 67
AUK.-8ept.. 8 67
Beptember.. 8 68
SepU-Oct... 8 68
Oot..NoT... 8 60
8 82
Nov.-Dec.
Dec-Jan... 4 00
J*n.-Feb... 4 OS
Feb.-Moh... 4 Go

AnRnst

.

Mch.-AprU. 408

4

864 868 1864
8 64 8 68 1S66
8 66
8 66
8 67

8 67

'.

8 67
8 69

8 67

869

8 83

4 00

4 04

<01

4 08

4 or
4 00

4 03

< 03
4 07

408
40«

408

168

8 66
8 66

8 67
8 CO
8 88
4 01

880 8 61

t

• 67
f ••

400
tos
405
407

Very

u

emy
164

decline.

3»»18

3l»l8

315,8

31»18

8.000
1.000

10 000

7,000

1,000

600

Basr.

PIrm at

Steady at Steiwly at
Martially
1^)4

adr.

qalM.

S-Mde.

ihe basis of Uplands,

Steady.

cllne.

Very

Barely

steady.

steady.

Low MiddUng

Fri..

AuK. 13.

« 2.04

Steady at

advance.

8-84 W3-H.
deolina.

Basy.

Steady.

1-84

Opm Hi«A

Low.

Olot.

Low.

(not.

Opm

Hlg/i

d.

4.

d.

d.

4.

d.

d.

d.

4.

8 67

3 67

8F8

8 68

8 66

8 67
8 68
8 68
a 60
3 8:<

8 67
8 67

3 67
8 67

8 68
8 69
8 69

8 68
8 68

86«

3 5B
8 62

8 60
3 62

868

8 68
3 60

4 01

400

4 00

4 08

4 03
4 06
4 07

4 43

3 68
3 69
3 69
3 61
3 63
4 01
4 04

8 66
8 65

4 06
4 08

868
S67 3 68

4 06

4 08

8 81
4 00

366

8 60

clause, unless otherwise

Low.
4.

364 361 3 64
864 8 64 3 61
3 6« 3 66 854
8 64 8 6S 864
a^o 3 67 866
8 6-1 8 69 368
8 61 3<U 3 61
8 6) iOO 863

8 68

603 862 8 63
404 4 01 4 01
406 407 4 03 4 03
4 09 409 4 06 4 08

I

4 01
4 04

Olet.

4.

864
364

au
86«
3 67
3 60
8 81

400

4 04

4 01

4 OH

4 04

404

404

BREADSTUFF S.
Fridat, Antr. 12, 1892.

There has been a moderate call for the choice brands of
Low grades,
ilour and as a rule prices have beon firm.
howevor. have been sparingly taken, hut values have ruled
fairly stea'ly.
Meal has been firm, sympathizing with the
Btreneth of corn, but the demand has been quiet. To-day the

market for flour was dull and barely steady. Meal was in
slow demand, but steady.
There has been a moderate degree of activity to the speculation in wheat, and early in the week prices advanced on unfavorable crop advices from the spring crop districts, BDd in
sympathy with the rise in corn. Thursday the market opened
hinher on the report of the Government Agricultural Bureau
which is taken to indicate a crop of about 810,000,000 bushels,
or leas than has generally been expected, but later in the day
weak foreign advices caused a decline.
In the spot market there has been a fair businesii, both exporters and millers being moderate buyers, and yesterday's
sales included No. 1 Northern at 8TJ^c. delivereil, No. 2
Northern at SlJ^c. delivered No. 2 red winter at 84c. delivered
and No. 3 hard winter at 79Jgc. delivered. To-day the market
was lower under weak forti«n advices and a full crop movement. Spot wheat was in demand for export, and the sales
included No. 1 Northern at 3Jg08e. over Sep delivered; No.
2 red winter at %c. over Sept. delivered and No. 3 hard winter
;

.

at 4c. under Sept. delivered.

DAILY OIXMUfO PSI0E8 Of HO. Z BXD WTIITBK WHEAT.
Sat.
Hon, Tuet,
Wed. Thurt,
AUKUSt delivery
8e 'temher delivery
October .eU very
December delivery

M»y,1893, deUvery

o.
0.
o.
0.
0.

f'SSg

8514

841i
8538
86-.

HS^
92%

9413

84

'?9'«

Fri,

8319

Bel's

SS"*

SIM

84'*
853a

8.s»»

82'«
83"4

SSSa
8.S%
93>a

84'g

tB^

84%

87H

S-SJe

93

871*
92>«

Indian corn futures have been active and in the early part
week prices advanced rapidly on reporn of serious
damage to the crop by hot, dry weather. Later, however,
needed rains were reported to hive fallen and this caused
»ome decline; but yesterday the market started up again on
a small crop estimate, the total yield of the country being
pi iced at 1,800,000,000 bushels.
The spot market has continued quiet, as buyers are not disposed to invest at present
prices.
The sales yestfrday included No. 2 mixed at ^2^0
63}^o. in elevator and 85c. delivered also No. 3 wnite, t»
arrive, at C4c. To-day the market was depressed by improved crop advices from the West. The spot market wa«
slow. No. 2 mixed sold at 63^c. in elevator and ungraded
yellow at fllj>^c., to arrive, delivered,
of the

;

OAU.T CLOSIKO PBICB8 OF HO. 2

6,000

800

Thars., Ans. 11.

April-Kay..

AnKast dell very
SBprember delivery
October 'iHlivery
De-ember delivery

0.
0.
c.
o.

Sat.

3fon.

b^H

62
61

57i«
58»8
6614

60%
5i)'«

mXBD

OOSH.

Tuet.

Wed.

6138

61 ^8
SftSg

59%
58%

58%

68
part of the
SS"*

Thurt.

«W
60v«

Frt.

60%

59%

69l«
SB'S

53^8

.•••

week on poor
Oats advanced during the first
crop returns from tne West, but subsequently w^ak-'ned in
sympathy with the decline in corn. The market to-day waa
lower, sympathizing witn the decline in wh>'at and com.
SAILT CLOSINO PRIOES OF HO. 2 MtXSD OATS.
Thurt.
Sal.
Ttttt.
Wed.
FrL
Hon.
Anarnst delivery
38ie
39>4
39
c.
40
38\
38>a
< pti.mlior delivery
S9
S8>«
SSig
SU
40
3S\
o.

The opening, highest, lowest and closing prices of futures Ociolwr .lellvery
^^^'Pool for each day are given below. Prices are on Haydellvary

Stated:

8tS
868

8 81

Basler.

future*.

Market.

Hiffk

4.

8 88
4 00

Opm High

—

P. M.

0pm

I

»K
SM

Wed.. Abb. 10.

Inviutiir, 2,550.

To Havre-AUK. 9 -Steamer MHrsellle. 2,5P6.
To Antwerp -Au)?. 9 - Steamer Marseille. 10.

1:49

A.

April-May..

Below we add the clearances this week of vessels carrying
cotton from United States ports.
Kbvt Orlea.vs— To Llvorpool— Auir. 6— Steamsr Capella, 4,240

Market,

A.

Oot.-Nov-.. 8 81
Not.- Deo... 4 00
Dec..Jan.... 4 03
Jan.'Feb ... 4 05
Feb.-Moh.
4 07

.

d.

20,921

Liver-

Amount

Uyw. OUu.

868
86S
8t»
860

3B8
50

particulars of these shipments.
Hall
Bremen A miter- Spain Bali-

Do

i.

888 868
868 868
Auic.-8ept
September.. 8W 8»« 8 60 860
SeDt..Oot... aso SSO 8«0 880

100

Total

Do

H4g)>

4.

aes

Auiast

2,489

To Hamburg, per steamer Soamlla. 398
To Amsterdam, per steamer Zaandam, 50

Aug.

Oym

Sootlan, 45....

Boi<»more. 2,441

N«w

Taee.. Aac. 9.

8.

1.119

600

To Halifax, per HtAxnier Halifax. 100
Baltixokk— To Liverpool, per steamers Nova

The

M«a« A«K.

O.

Hiiiro,

Ruiilo, 18*. ...St. Panoruii, l,8«0....Servitt,

....olrhiii.

A at.

all Teesels

Total balet,

H«W YoBK— To Liverpool,

263

3i
39»9
39%
38%
...
42%
42%
43'i
duU, weak and lower under weak foreign advices
0.

38%

40'4

o

Rye is
and unfavorable crop

prospects.

THE CHRONICLE.

264

are closing quotationg :
FLOUE.
$4 25«$4 65
bW. $1 75»$2 00 Patent, winter
4 35»4 45
185® 2 30 City mUls extras
2 109 2 35 Kye flour, supertlne.. 3 6?a 3 90
® ---•
Fine
30
2 65® 3
3109 4 00 Com meal—
„ „„
2
80
®_3 00
Ao
Western,
30
4 003 4

The followini

»

Pine
Bnperflne
Extra, No. 2

Brtra,No. 1

raeare
BtralKbta
Brandywlne
430a 475
,
--^.... , , 3 2a
Patent, spring.
rwiieat flonr In sacks sells at prices below tliose for barrels.]
OB4IN.
Com, per bosh.—
a0.
Wbeat—
56 » 65
West'n mixed
BpHiie.nerbnsli... 76 • 89
Steamer No. 2
Bed winter No 2.. 82 « 83

—

75 ®
Bed winter
79 »
White
Oftt*-Hlxed..V bn. 39 9
40 a
White
38%®
No. 2 mixed
42 9
No. 2 white

—

61

63
66

46

western, per bash.

39ia

State and Jersey..

69
69

73
73

West'n yellow

83
88

Western white

Eye-

40>fl

59

[VOL. LV.

somewhat against buyers in 8-4 and 7-8 makes. Cambrics,
bleached and dyed, converted from print cloths are also very
firmly held. The export demand for sheetings and drills does
not expand for Asiatic markets, exporters' bids being below
current market values. A steady trade is, however, doing
with South America. Southern plaids have been quiet this
week, as have denims, ticks, checks and other colored cottons but leading makes of these are mostly well under orders.
In other varieties of cottons, .such as wide sheetings,
cotton flannels, silesias, &c., the situation is unchanged.
Prints are firm all round, the Hamilton and Simpson fancies
having been brought up to the 63>^c. line during the week.
;

42% Barley—No.2West'n,
AGRIC0LTUBAL DEPARTMENT'S AUGUST REPORT. —The report of the Department of Agriculture for August 1 respecting
cereal crops was issued on August 10, as follows
:

The crop returns of the Department of Agriculture show a alight
tmprovement in the sonditlou of corn, raising the monthly average
from 81'1 in July to 82-5 in August. In only four years since the initiation of crop reporting has there been a lower August condition. In
the year of worst failure— 1881— it was 79, declinlmg to 66 in October;
In 1890 it was 7SS, dedining to 70«in October; In August 1886 it was
e0-7,audin 1887 it was 80 5, declining later only In the latter year. A
slight improreineutla Indicated in the States north of the Ohio and a
freater advance in the States West of the Mississippi Elver, except

ansas and Nebraska. Ciondition is high In nearly all the Southern
States nearly the same as in July In the breadth west of the Mississippi liigher in the lower States of the Atlantic Coast, and slightly
lower in Alabama and Mississippi. A email decline Is seen lu the
Middle States, except New York, and also in the Eastern States, though
In both of these divisions the average is higher than In the West. The
following averages of principal States are given ; New York, 90 Pennylvania, 86; Virginia, 90; Georgia, 97; Texas, 94; Tennessee, 9:3 ;
Ohio, 81
Indiana, 74 ; Illinois, 73 Iowa, 79 ; Missouri, 83 Kansas,
81 ; Nebraska, 80. Most correspondents indicate a present tendency to
further iinprovenient. The returns relating to spring wheat are
lower, declining during the month from a general average of 90'9 to
87-8. The reduction is from 90 to 86 in Wisconsin, 90 to 87 in Minnesota and 90 to 85 in North Dakota. There has been a slight advance
in South Dakota and Nebraska, with no change in Iowa. In the mountain States condition Is generally high. In Washington a decline is
reported from 80 to 78, as a result of the blighting heat, and in Oregon
from 91 to 76. Condition of other crop averages are as follows
Spring rye, 89'8, instead of 92-7 in Julv ; oat9,86'2, a fall of one point;
barley, 91'1, instead of 92 ; huckwheat acreage, 101'3 condition,
92-9; potatoes, 86-8, declining from 90; tobacco, 88-8, a fall from
92 7; hay, 93-2,

Shirting prints are scarce and agents are talking higher prices
in the near future. Ginghams show more animation, but
There is no change in
sellers readily accept current prices.
print cloths, 64x64s holding firm at SJ^o. for deliveries up to
January, and at 3 7-16o for delivery January to October, 1893.
The market is still bare of stocks, while at the corresponding
date last year there were 941,000 pieces on hand.
1892.
1890.
1891.
Aug. 6.
Aug. 8.
Aug, 9.
Stock of Print Cloths419,000
460,000
Held by Providence manufacturers. None.
None.
250,000
455,000
Fall Elver manufacturers
None.
None.
67,000
Outside speculators (est)
Total stock (pieces)

None.

,

710,0(0

941,000

Domestic Woolens.— There has been a good duplicating
demand for heavy-weight woolens for men's wear during thf

week notwithstanding the very large business of the preceding month. Buyers have shown decided anxiety to secur*
supplies, and a number of instances are noted where they have
paid full prices for goods they had some time ago returned as
imperfect. For spring makes of woolen and worsted trouserings and suitings liberal orders have beeu booked. Lowpriced lines are still selling well, but there has been a more
pronounced movement towards the higher ranges of fine
worsteds. Heavy overcoatings are moving freely on back
orders with a good current request. Cloakings in both plain
and fancy makes are generally well sold ahead. Cotton mixtures, cotton- backed worsteds and cotton- warp cassimeres
continue quiet. Woolen and worsted dress goods have been
in more general duplicating request, local and Western jobbers
placing some free orders. Dress goods are in an excellent
position, being sold ahead at first hands with a rapid distribu17" For Giber tables nsnallv given here see page ^245<
tion by jobbers.
Foreign Dry Goods. A good business is reported by foreign houses and agents in fancies and high novelties in woolen
New Yokk, Friday, P. M., August 12, 1892.
and worsted dress goods and wool and silk mixtures. All silk
There has been a very large arrival list of buyers this week, fabrics are also doing very well, the demand being general
but a return of hot weather has checked business in most and steadily maintained. Ribbons, laces and trimmings are
directions and results have not been in keeping with the rep- in excellent
request and the business in linens and handkerresentation of nearly every section of the country in the chiefs, hosiery
and gloves is abave the average of late seasons.
market. Neither agents nor jobbers can be said to have had The
general tone is very steady.
a good week in spot business, but the orders which have come
Importations! of Dry Goods,
forward by mail and wire have kept the movement fairly up
to the average. There is undoubtedly a large distribution in
The importations of dry goods at this port for the week
progress, and as the bulk of merchandise is going direct from ending Aug. 11, 1893, and since Jan. 1, and the same facts for
the mills to different markets it does not make nearly so much the corresponding periods of last year are as follows:
show as it would have done under old conditions of supplying
e
^
K
K
^
the demand from New York warehouses.
S ^ W
The tone of •^
the market continues good, with a slight upward tendency in
n
s
some low-grade cottons and in printed fabrics. There has E
si
a H3 & 1
been a shght addition to stocks reported in a few quarters, but elP
f; 1
5
©
....
r Si
d
agents are not worrying over this, as they believe that the re- 1 »
o
o
§;:;.!
hj
O
e
C"
®
p
quirements of the season will in the long run fully take care «
S
§
w
ii
K li. 00
of production. All accounts coming to hand of future pros>
t+
11
rpects, as judged by the large force of traveling salesmen and
<
;

past

;

;

;

:

;

;

—

THE DRY GOODS TRADE.

:

:

:

:

:

I

,

,

;

•

-

t

•

1

:

:

I

;

I

!

:

;

i

:

:

:

:

.

others

m different localities, are certainly favorable enough to

justify liopeful opinions.

The agreement between Eastern

jobbers shortening discount terms on payments has had six
weeks trial, and it is the general opinion that it is working
well. Business since July 1 is ahead of the corresponding
period last year and collections more satisfactory now than

Domestic C!otton Goods.—The exports of cotton goods
from this port for the week ending August 9 were 3,588 pack-

afes,

v^ued

pectned

at $164,066, their destination
in the table below:

Hbw Toek

to Aug.

1892.

Ofest Britain

Since Jan.

1.

Week. Since Jan.

1,319

136,177
11,890

3,510

3,588
148.06 7
England mill points dlreot

4,410

Oblna

1.187

328
326
22
183

Anbla.
Africa
West Indies

Mezloo

6

Oantral America...

45
1,270

49

. .

Total
(Klna, via Vancouver..

to

"a

OOl
MtO
C:0
ccx

CO

^

H
CJ
to^

w
(-'

CO

3,588

I

-J

^Hlthe
^°
f/^h^
fl-nneet
low-grade

slowest.

00

8S

I

34
39

2,386

21

96,652
4,604
6,610
3,943
8,376
2,149
5,422
20,526
1,739

o
M

998

100
390
203
14
79

Old
U1U
00 yi

OC»
too

OlM

1,204

107

900
1

)F-

U CO

if^

Mt-'
to
)t.COtOiXtO

Oi

0>U

or

CD 05

H
R

rr>

o"

iP^

c

01

y

'^j

-a «)

CDOiOOWO)
COOtOCOOi
h-OS-^ tOiW

b

g
^
>
M
K

ta

CO
en

O

rf*-^

h-tOMtOI-'
tt*.OJQ0

01tD

M
a
B

COH'

•IS

MO»MM0>
ft

Vo;

153,405
13,815

CO

^o>

167.220

Ot
H*

to

COO'^OSO

Prices are steady to firm
and
bleached, in which the^tenSy

V
o

C'lauwpoi

w ~i H o

a

ioo;)»o»oi^

?;.

si's

to *- C" CO CD

^

si

o to o

to -0 to

e;'

CO

tOCDO^ W

OCOtOOiCO

5S

w

•OOlf^f^CO
to Ui *-"to CO

CD 00 -g <i to

enM

en 01 CD

t
z
^
K

CDOaoii-'

r>

tOrf».C0CO

"coVi

•^"tooenM

^ MO

en

o H- -J

tn

CD

tt^

CO

OQO
tOM

M

^

Cji

CO to

to
1—

^rf*-

MO

OGD

a
o
M

CO to
ej>

ifa

rf».

en

o >- o -4

\hOOtDVf

M
^
H

to

Ven

so

O n
d to

00 <J

MCD

COCO WCJIQD

M to Xt CD OC

S
K

o« 1- o *j
o
OOQO->J

p
u

OO

2
j^^lpMen

CDCO

coenocolo

«)

10 <I

tf^tt^O-OD

MfcOtOCW

<1
00

O"-*

^ HO

((k

s

M 00

t**-

1--

;q cc

M to

tP'

M

to

M

B
B

Op M

wbow 1
H •^MOiOiCO E

"co

n

IS

en

CO
H»

ai-»toh-Qo

to

ococ;ixo

w

p,'-',»-',>-'|5

k)

tOCOenOOD

o OXOIKCO

-^
«t

^1

cooo'Cni-'

^ <i to « 1

to

to to

cr

CCCD<ICDtO
)-QOCO<ltO
to

^>
*-*

to

^

^M
QD

&Q

ejtpwQow

^ T
S

i

WrO-^)f^O

^ H

-qXf-MtU

t-»

s

0*M
wy>

tPCCOoVVl

p-

b

CD to

CD o: y* OB

en
to
00

p^-

to
c;i

fli

wen

WH
MtO
OM
co-q
tAia

®»

B
u

|0

lF>-

Scji

e;i

•qoQDOao

K

^00

:?

iv

^

o;mOm!X>

sJI

to to

o

10

OOi

«a

b

Vt

00

h o

OD

h-

\t»-

en

"tOOf

COCXIMCO

en

en

1w ^^
«10

to

CJl

MU>
too

|-»l-»

M

gg

<J0O

M

toVl'tOMCl
toto^^03Co
<J h- 00 to

as

CO
CO

o>

O
CO

M HIO

5

*».

CD

g

QD Cn 00 tt»p

p a

w

o a ro

en 01

rf^COCO"-'

10 H*
»i^

1

cnoi

OiXwcno
cooi^tcto

:

1^

to

M

COO
c>^
coP

M
n OO
tn
toco

00
to
(0

:

N)

fTi

IP

i

to

<l

tO*kCOW

:

c;i

o

MCWCOtO

OOl

Htf>^

co<icoo»yT
10 en

to -q

^f

oo*-osw"co

^,
^
M M

S•^

tt>.

:

i

MMtOMH'

p

(OOiOOtU*-

If^

1.

york exports since January l har.
h.Sy^*J'^*^\o^^"
been
16,896,541 in 1893 against «S.033,0n in
1891
cottons
new business has been less regular than of
ut- * n^
sheetings have done better in
the fl^er than in
th«^«^ir°
SLi2?w'
"T^"® '° bleached shirtings the fines"
for

10

03
TO
cc

1891.

3,194
1,136
66,306
3,792
7,558
6,383
10,223
2,318
3,739
29,749
1,779

India

From New

(XI

CO

142
31

Otlier European. .

Bonth America
Otber countries.

Cite

*J

:

'

tastocoos
(Ti

9.
ir«eJ:.

7°*"--—

being to the points

1

;

to CO to e^

^

CO

CDQDOiO^

M QoooMy*
o OtOCOCOO'

McnenoDCn

fT)

o ot CD

cn
CO

#» OD lo cc

COOCDmO
en

(M.

t-'OO

—

•F^OtOCOtfk

wootoo

1
^

14

CO

AuausT

THE CHRONICLE.

18, 1898.]

BjAJt

City J}tfAfiWi.m.

AhJi

TERMS OF SUBSCRIPTION.
CommerclHl and
tains

40

to

tf'l

StHio niKl

FInniicial CllRONICl.fi con-

Supplement

IHO
InTOslom' Jkiupploment

of

€11 RO\ICLE

con-

pact's published several times each year.

tains

of

CIIKOKICL.E

pndia of Railroad Securities) contains 160
eTery other month.
Subscription to

CHRONICLE

which includes every

Cyclopages published
(a

W. T«.— This

—

N. J. The town of Bfmnd Brook has voted
for a pewerage system, and it U reported
that municipal bonds will be issued for a large portion of that

Bound Hrook.

to

expend

$.53,000

aiuouut.
Bnffalo, N. Y.— (State and City Supplement, page 45.)—
Bids were opened on August 8 for Buffalo tax Innn bonds to
tho amount of $130,639 6). The proposals received were as
follows:
Erl« rounty Savings Bank
Ixano
t'horriU
I,. W. Morrison
Buffiilo Oerman Insurance Co., $50,000
Turnir, Mnnuel & < o., $75,000
Turner. Manuel <k Co., $.'i5,ti39 61

»l0O-0O

W

for one year i^lO.OO,

issue of both

place will hold an election on Aug
on tho quoHt'on of issuing $85,000 of bomls for
municipal improvomentA, the bonds to bcnr interest at the
rate of 8 per cent and to be payable 20 years Irom date of
Itln<'tleld,

16 1892 to vote

issue.

paKOs published every week.

4'lty

2H5

Supplements.

The purpo«o of

this Slate and City I>cpartment
is to furnish our subscribers with a weekly addition to and
continuation of the Static and City Supplement. In other
words, with the new facts we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
shall analyze in the " State and City Department," we expect
to bring down weekly the information contained in the
State and City Supplement to as near the current date as
possible.
Hence if every Subscriber will note in his Supplement on the page designated at the head of each item a
raference to the page where the item in the Chronicle can
be found, he will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts,

10017
lOflS
101-19
lOO-S*
lO*"©*

1011»
W. I. Quintnrrt
100-60
Blake ilros. A Co
lOO-lfl
Daniel A. Moran <k Co
101-00
BnflTalo Savings Bank
W. I. Quintard of New York was awarded the bonds on
his bid of 101-15, or a total premium of $1,502 85.
The bonded debt of the"city of Buffalo on the first day of
July 1802, lei^s bonds held by the city in sinking funds, is
$11,390,625 91.
The assessed valuation of the taxable real estate of the city
by roUs of the year 1892 is $183,254,870.
Cincinnati, Ohio.—(State and City Supplement, page
77.)— Seasongood & Mayer have purchased $4,000 4 per
cent Cincinnati deficiency bonds and street improvement
bonds to the amount of $108,000 have been purchased by City
Auditor D. W. Brown as an investment for the sinking
fund.

Colnmbns,

0.—(State and City Supplement,

page

78.)

City Clerk John M. Doane will receive bids until September
7 1892 for $95,000 of 4^ per cent 10-year Cf>lumbus viaduct
bonds, bearing date July 1 1892. Proposals will be received until the fame date also for $124,000 of 6 per cent
street improvement bonds, running fifteen years but subject
to call in their numerical order at any time after the expiration of one year. Of these street improvement bonds $60,000
will be dated March 1 1892 and $64,0()0 will be dated Septem-

—

Kings Coanty, The annual report of the Treasurer of
Kings County for the fiscal year ending July 31 1892 has recently been completed. From Treasurer Adams's statement
we take the figures showing the county's total debt on Aug.
1, 1892 and give them below in connection with corresponding
figures for previous years which are taken from our State
ber 1 1892.
and City Supplement.
Under the head of "Debt Changes" we give all the importTOTAL DEBT, Etc.—The subjoined statement shows the total debt ant facts relative to the financial condition of Columbus, and
of Kings County on the flrst of August of each of, the last three also a full statement of its debt brought down to March 31
1892.
During the past year $776,600 of the city's bonds were
years:
paid off. Of these $302,600 were street improvement bonds
1892.
1891.
1890
Total funded debt
.$5,342,000
$4,047!500 and $474,000 were water works bonds which matured Dec. 1
$5,240i500
Certilloatoi of debt
57G,I44
632,902
452,572 1891. The water bonds were paid by the issue of $400,000 of
Total debt on August 1
$5,81G,G44
$5,974,902
$4,300,072 refunding bonds and $74,000 in cash from the sinking fund,
In adaition to the above there were outstanding on August
in anticipation of
the collection of taxes, amounting to $850,000, the same to be
redeemed from faxes already levied.
1

1893 certificates of indebtedness issued

Caniberland,

Md.—(State and City Supplement,

page
an election on August
29 to vote on the question of issuing water-works bonds to
the amount of $100,000, the bonds to bear interest at the rate
of 6 per cent and to run thirty years.
7.3).— The city of

—

Cumberland

will hold

—

on New York City's Deposits. The rate of interDalton, /Ja. Proposals will be received until September
on city deposits in banks and trust companies has been 1 1892 by John Black, Mayor, for the $17,500 of 6 per cent
reduced from 214 'o 2 per cent. The city has been borrowing redemption bonds of the city of Dalton. The bonds will be in
money readily at 2)4 per cent, and the banks objected to pay- denominations of $500 each, and will mature 20 years from
date of issue.
ing more than they received. This reduction was agreed
Donglas Connty, Neb.— (State and City Supplement,
upon at the last meeting of the Bank Commission, and at the
page 118.) The citizens of Douglas County have voted in
same time the Southern National Bank was added to the list 'avor of issuing $150,000 of bonds for road purposes.
Iiit«rest

est

—

of authorized depositories.

East Providence, R. I. — The Treasurer of the town of East
Rome, N. Y.— (State and Chy Supplement, page 53.) We Providence has been authorized to issue bonds to the amount
are in receipt of a letter from K. S. Putnam, tjitv Chamb?r- of $10,000.
lain of Rome, N. Y., correcting the report of that city's
Enimett Connty, la.— This county has recently sold $20,000
assessed valuation as it appeared in the May issue of our State of 5 per cent, bonds to N. W. Harris & Co.
and City Supplement, In the Supplement the valuation for
Erie, Pa. (State and City Supplement, page 67).— On
the year 1890 was given as $4,061, .577. Mr. Putnam wrilas September 1 1892 $61,000 of 7 per cent Erie water bonds, isthat these figures represent the value of only the property in- sued in 1872, will matiure, and tne city authorities have asked

and that the total assessed valuathe year mentioned was $5,878,400. A statement of

side the corporation limit,

for bids for the extension of the loan.

Mass —(State and City Supplement, page 24.)
Edward DoUiver writes the CHRONICLE
that the $50,000 of highway improvement bonds recently
advertised were withdrawn by order of the Finance ComMontana Valaation. The total assessed valuation of Mon- mittee owing to a blight irregtilarity in the order. They will
soon be re-advertisca, and will be ready for delivery about
tana property in the year iy91 has been reported at $142,205,- September 1.
428.
The valuation in 1890 was $106,392,892 and the increase
Griffln, Ga.— It has been voted by the Common Council of
during the year 1890-91, $35,812,586.
Griffin to call an election on Sept. 7th for the purpose of voting
on the question of issuing lx)nds for $35,000. Tlus bond issue
has been proposed in order to purchase the water works, which
Bond PropoNals and Negotiations.— We have re- are now owned by private parties
and are to be sold at auction
ceived through the week the following notices of bonds
before the coming winter.
recently negotiated and bonds ofifered and to be offered for
Hempstead, N. Y. Bids will be received until Aug. 1 1893
tion in

the financial condition of Rome brought
found under " Debt Changes."

down

tiloncester.

—City

Treasurer

to date will be

—

—

sale.

for the purchasfe of $90,000 of Merrick Road bonds. The loan
will bear interest at the rate of 4 jier cent per annum, payable

Barnesiille, Ohio.—The City Council of BarnesTille will,
soon issue street paving bonds to the amount of $20,000. The
loan will bear interest at the rate of 6 per cent, and will l>e I
payalile twenty years from date of is6U».

siemi-annuallv on January

and July

1,

and both principal and

interest will be payable in gold coin. The bonds are of the
par value of $)00 each and will mature $10,000 yearly from
July 1 1893 to July 1 1901. They are coupon bonds, and it

THE CHROMCLK

*26B

T.— Bonds of the town of Middleport to the
of $6,000 will be issued for the purpose of building an
addition to the schoolhouse.

provided that they may be registered both as to principal
interest, at the pleasure of the holder.
These bonds are a charge upon the taxable property in the
town of Hempstead, which other than the above has no bonded

Middlcport, N.

is

amount

•nd

Milwaukee County, Wis.—(State and Citt Supplement,
page 100.)— Milwaukee County 5 per cent 20 year almshouse bonds to the amount of $75,000 have been awarded to

indebtedness.
Full particulars will be found in the advertisement on this
page.
Settle Falls, Wash.—The people of Kettle Falls voted on
July 15 in favor of the proposition to issue bonds to the
amount of $20,000 for the purpose of constructing waer-

&

Lamprecht

Bros.
Co., of Cleveland, Ohio.
This firm bid a
of $5,595 and accrued interest for the loan.
give below a list of the bids received, all of which included accrued interest except that of W. J. Hayes
Sons of
total

We

premium

&

Cleveland, Ohio.

works.

Lawrence, Mass.—{State and Citt Supplement, page 25).
Council of Lawrence has voted in favor of
issuing bonds to the amoimt of |;60,000 for tlie construction of

Water

in

$4,628 50
4,.'?65 00
4,.905 00
5,ti63 25
4,642 50
5,303 00
3,015 00
Lamprecht Bros. & Co., Cleveland,
5,595 00
lilair&Co., New Yorlt, N. Y
5,452 50
K. Ii. Day & Co., Boston, Mass
4,357 50
As the bonds will be dated July 1 1892, the accrued interest
This sum, together with the premium
will amount to $468 75.
and the principal of the loan will make a total of $81, (63 75 to
be received by the county. The securities will be ready for
delivery on the 15th of this month.

Street.

'J

Lexington,'Ky.— The Lexington loan of .$105,000 recently
advertised has been awarded to N. W. Harris & Co., of Chicago, at par. The bonds are in denominations of $1,000 each,
dated August 1 1892, and payable August 1 1932, with in-

m

per cent, payable semi- annually. This
terest at the rate of
issue is made under " An Act authorizing cities of the second
class in the Commonwealth of Kentucky to issue funding and

refunding bonds." Approved July 4 1892.
Longinont, Colorado.—Water bonds to the amount of $70,•00 were sold ;on July 20. The securities bear interest at the
rate of 6 per cent per annum, and mature on Aug. 1 1916, being subject to call after Aug. 1 1903,
Madisonrille, Ohio. Bids will be received until Sept. 8
1892 by Bennett Carter, Village Clerk, for $ 5,000 of 5 ptr
cent 20-30 year Madisonville water bonds. The inttr. st on
these securities will be payable semi-annually at the Fourth
National Bank of Cincinnati.
Maryland.—(State and City Supplement, page 72.)—
State Treasurer Spencer C. Jones has purchased for the State
sinking fund $100,000 of the Maryland exchange loan of 1889.
The price paid was par, and the transaction was made through
the Farmers' National Bank of A nnapolis. These bends bear interest at the rate of 3 per cent per annum, payable semiannually on the first day of January and July. The principal
falls due on Jan. 1 1903.

N. H.— (State and City Supplement, page 15.)
. Nashua,
This city will issue bonds to the amount of $15,000 for the
erection of a new school house. The loan will become due 7
years from date of issue.

—

NEW

NEW

LOANS.

$142,000
*^ awanda, Erie County. N. Y., will sell at theCounChamber, on North Canal Street. In the Villiise of
Tonawanda, N. v.. on the 18th day of August, 1 892
•t 2 o'clock in the afternoon, one hundred and forty-'

of $100,000 was awarded to th» Exchange Fire Inat 101 '16. Blake Bros, secured $82,000, paying 100-79 for $50,000 and 100-33 for $32,000. The remainder
of the loan, $777, was awarded to the Commissioners of the
Sinking Fund at 100.

Company

NEW

LOANS.

FAIRHAVEN,

Ii deatlned to

be the great Manufacturing and Com.
meroial Center because it has

nie Largest and Safest Harbor on the Pacilfo Coast.
VkettreatenArea of adjacent Agricultural Land.

nemoat Magnlflcent Forests of Timber in the world
Sneat Natural Town Site and WaUr
Fronti
iBmena* Vatna of the Best Coal in the West
which
iniac— a coke equal to Pennsylvania. Iron. SilverM«I. Gold and other

ores.

Extensive Quarries of
Beodatone for building purposes.
Valuable inMruiAtlon can be had of

me

THE FAIRHAVEN

1,AND COMPANY,

FAIKHAYEN,

WASHINGTON.

\.,

\,

6% INVESTMENTS 6%
FIRST MOHTCAUE ROLl) BONDS,
AmounlK S.IOO

to

$10,000.

GOM) DEBENTDRE BONDS,
•S. T nnd
10 Vparn,
ATLANTIC TRUST CO., N8W YORK. TRUSTEK
Amannta 8100 to «l,000.
A FEW CHOICK

7

PER CENT FIRST MORTGAGES.
Write for Description.

Lombard Investment Co
150

LOANS.

NEW

LOANS.
30Tear

$100,000 Minneapolis,

48

100,000 Omaha,

20

"

59

100,000 Topeka, Ean.,

20

"

58

103,000 Lexington, Ky.,

40

"4^8

20

"

10-20

"

58

10-20

"

5s

50 000 Pendleton
20,000 Aurora,

Co., Ky.,

111.,

45.000 Decatur,

111.,

58

15

5s

5-20

58

42,000 WeberCo.,Utali,10 20

58

23,000 Elgin,
20,000

N.

Emmet

W.

111.,

Co., la.,

Harris

&

Co.,

BANKERS.
15

WALL STREET NEW YORK.
BOSTON.

CHICAGO.

SMITH, «uperTUor,
llellmorp.

y*e

of

The sum

surance

county, passed June 2P. 18!»3. will be received by the
two (142) bonds of the VlllaKe of Tonawanda alrre- undersiKned. at his oflBce at Bellmnre, in Queens
County, until the eighteenth day of August, 1H92, or
»»id, each in the average sum of one thousand d il- at the office of the Town Clerk of said tfiwii, at
Ura. and bearing interest at the rate of six per cent Hempstend. until the nineteenth day of AuKust.
per annum, to the highest bidder. Seated proposalr* 181)2, at 11 o'clock A.M.. at which time the bids will
be publicly oppnetl. Each bid should state what time
will be received for the purchase of said bonds on or is desired by the bidder iu which to complete the
before the day of sale. No bids for the purchase of purchase.
The e bonds are a charKe upon the taxable propbonds for less tnan par and acor-aetf interest wIV
erty in^he town of Hempstead, and are Issued for
leeeived cr considered. The said bonds will be da,
^f the purpose of macndamizin^f the public highway
Aogost 1, 18S2. and will be payable. 83 in each of the fcnown as the Merrick Road in said town. The bonds
mature as fnllowa: Jio.oou
the first day of July.
y»«ra 1893, 18»4. 1895 and 1886 respectively; 24 in 189.3. and $10,000 im the firston
day of .July of each year
1807. and 26 in 18»8i on the 1st day of July in each thereafteruD to July 1.1901. Thev are of the par
year hereafter for six years. Said bonds are issued value of $.">00 each and bear Interest at the rate of
four per cent per annum, payable semi-annually on
to secure money to pay for Improving certain pur- January and July first, principal and Interest payable
tlona of Main. Young and Adam streets, within said in gold coin. Thny are coupon bonds, and it is provided that they may be registered hiith as to prinYUlage of Tonawanda. pursuant to an act passed oy clp«l
jind interest at the pleasure of the holder.
the Legislature of the SUte of New York in 1892,
The t'nwn of Hempstead is now known as the
«ntltled '• An Act authorizing the Village of Tona- largest and wenlthiest town in the State of New
Yiirk, entirely free
bonded indebtedne,>is. and
wanda. Erie County. N. Y.. to take lands necessary. is still making rapid from
progres** in material wealth and
«nd to Uy out and improve or alter and improve, population. The ntteotion of lnve!*tors is particularlv direct*'d to these bonds as being a specially
public parka, grounds, street <, lanes, alleys and pubdesirable security.
lic place* therein." The said Treasurer
reserves the , N" bond will be sold for less than its par value, viz.:
$500. The town otticers of said town expressly reright to reject any and all bt.ts which may
be made
the right to reject any or all bids If they deem
•t said lale. or to withdraw fiom the sale any num- serve
It to the interest of the town to do so.
Each bid
ber of aaid bonds which it may by reason of premium must be accompanied by a certified check to the
order nf the Supervisor for ten per cent of the p r
««*re4 become unnecessary to sell.
value of the amount bid for, and must contain a
statement .signed by the bidder thai he submits his
LOUIS ORUBN,
Did In accordance with all the terms and conditions
Treasurer of the Village of Tonawanda.
or the re'olution of the Board of Hupervisnrs directing the Issue of ihi^se bonds, a copy of which can be
Obtained from the undersigned. All bids must be
enclosed in a sealed envelope and be endorsed: "Bids
for the purchase of Merrick Road Bonds " For
further information apply to

D.

amount

City.— (State and City Supplement, page 50.)
by Comptroller Myers for
$182,777 of 3 per cent school-house bonds, redeemable in 1911.

Sealed bida for the ourchaae of all or any part of
$90,000 of an authorized issue of bondti issued by the
Town of Hempstead, in Queens County, by authority
of a resolution of the Board of Supervisors of said

THOMAS

to the

New York

COLD BONDS.

BELL. I KG II A.TI BAY,
«Ha KtrruBB mbtropolis of pugbt sound.

Newark

— On August 8th bids were opened

of Hempstead,
QVEEi^S COUXTY,

fpHE TRBASUBER OF THE VILLAGE OF TONoll

Newark, 0.— (State and City Supplement, page 81.)—
Electric light bonds of the city of
$40,000 will soon be issued.

Town

TONAWANDA BONDS.

Premium.

Biridrrs.

Fpitzer&Co.. Toledo, O
Fareou, Leacli & Co
E. H. Rollins & 8on8. Concord. N. H
W. J, Hayee & Sons. Cleveland.
Spencer rask * Co.. Boston, Mass
N. W. Harris & Co., Chicago, 111
George A. Lewis & Co

—The Common

a sewer

rvoL. Lv.

KROADWAY, NEW

\

«IKK.

CITY BONDS
AND

OTHER APPROVID SECURITIES
FOK INVE-4TOR.8
FOR SALE BT

FISHER & SHAW,
IWVESTMEIVT BOIVDS,
4 South Calvert Street,

BAIi'lI.VORE, inARVI.AND.

AuocsT

THE CHRONKJLE.

13, 1891.]

Noblosvlllc, Iiicl.— Five
ftnioiint of $15,0(K) have

Qolncy, Mass.—(State and City Supplement, page 29.)—
$25,000 for water main extensions has been author-

per cent bonda of this place to the
been purchased by N. W. Harris

A loan of

&Co.

ized.

1892.

cil

I

composed of coupon bonds in denominations of $1,000 each, to be called "sewer scrip," dated July 1
Julv
1892 and payable
Interest will be payable semi1 1908.
annually on the first days of January and July at the Hampshire County National Bank, or at the office of the City
Treasurer at Northampton, Mass.

The loan

will be

To the Mayor and

!

—

FIRE DErARTMENTTlOKDS.
WATEB WORKS EXTENilON B0SD8.
due March 1, 1803 $ 500
$1,000
due September 1,1894
"
"
1894
1 895
1,000
1,000.
WATEB WORKS BOSDS.
"
1896
1,000
due May 19, 1905
BRIDGE BOKD8.
$«,000
" 1006 i? 600
"
6,000
duo March 1, 1894
"
" 189i
"
1007
6,000
1,000
" 1908
" 1896
"
"
1,000
6,000
"
" 1897
"
"
1909
2,000
7,000
"
" 1898
3,000

NEW

BOND INVESTMENTS.

1899

2,000...

The several amounts of the bonds become due in the

fol-

lowing years to wit
1893
1394
1895
1896
1897
1898

able property in the town of Jamaica nnd are issued for the
purpose of providing a complete system of macadamized roads
in that town.

LOANS.

Council

to whom was referred the
matters of the bonded indebtedness of the citv would respectfully report that we find the entire indebtedness to be fortyfour thousand dollars ($44,000) and that it becomes due and
is payable as follows:

Qneen's Connly, N. Y.— (State and City Stjpplement, page
The $100,000 of Jamaica road improvement bonds have
been awarded to John Bonnington at 101. The securities are
part of an authorized issue of $400,000, and will bear interest
at the rate of 4 per cent per annum, payable semi-annually on
January 1 and July one, principal and interest payable in gold
coin, principal to mature May 1 1922. They are coupon bonds
of the denomination of J500 each, and it is provided that they
may be registered both as to principal and interest at the pleasure of the holder. These bonds are a charge upon the tax-

NEW

Common

Gentlemen—Your committee

—

Ontario, Cal. Ernest DuBois, town clerk, will receive proposals until September 3 1892 for water bonds of the town of
Ontario to the amount of $12,000. They are coupon bonds
bearing interest at the rate of 6 per cent per annum, payable
semi-annually, on January and July 10, and both principal
and interest will be payable at the office of the Town Treasurer. The loan will mature part yearly from January 10
1893 to January 10;i9ia.

—

Clair, Michigan. At a meeting of the Common Counof >St. Clair held on- the 12th ultimo it was vote 1 to bond
the city to the amount of $12,000 for an electric lighting plant.
The bonds will Iiear interest at the rate of 5 per cent per annum, and the principal will fall due, part yearly; from 1900 to
1904 inclusive. Proposals for the purchase of this loan will be
received until September 1 1892.
The report of the Committee on Waysand Means which was
submitted to the Council at this mooting has been sent to the
Chbonicle by City Clerk Frank Schrepferman, and as it contai' s a detailed statement of the bonded debt of the city we
pubhsh the report below in full.

St

Northampton, Mass.— (State aio) City Suppi-ement, pagi>
38.)— A K'tter roceived this week from City Treasurer Oeorge
W. Clark conlirms the report to the effect that the proposals
receivod on AiiRust 1 for the $75,0C0 of 4per cent Northampton sower IjoiuIs were rejected. Mr. Clark writes that the
offers were not satisfactory to the Finance Committee, and as
they liad received the right to reject any or all bids they
voted to reject all, and instructed the Treasurer to call for
new bids by circular, bids to be received until August 12

68.)

267

1899
1905
190B
1907
1908
1909

$1,000
2,000
2,000
2,000
2,000
2,000

$2,»00
6,000
6.000
6, too

6.000
7,000

amount

Total

$44,000

1^° For other proposals see next page.

NEW

LOANS.

LOANS.

NEW LOAN.

S200,000
PER CENT GOLD
Portland, Oregon, Consol6

2S,000 City of Boston

Janniry, 1899

4,

25,000 City of Cambridge

25,000 City of Dover

4,

4,

May, 1902

April,

20,000 City of Grand Rapids 4
20.000

Town

•

1-2,

of Johnston, R.

1906

4,

1917

1922

4,

25,000 Cliy of SpringHeia 3 1-2,
Gold, 1907
25,000 City of Taunton
10,000 City of

10.000

Woburn
"

"

DATED JULY 1ST,

Fund Bonds.
DUE JULY 1ST, 1823.

1892.

1002 at 105.
1»12 at par.
Interest payable semi-annually In New York.
Send for circular giving full descrlptien and price.

4,

1904

4.

1905
4,

New York or London. 1911

&

36

Rollins
Sons,
WALL, HTUERT, NEW YORK,
(;ONCOKD,

UKFEIt

TUB ABOVE SUBJECT TO
SALE.

Ist

&

Co.,

STATU STRKKT, BOSTON.
NASSAU .ST KKKT, NEW IfOHK.
28

t

FOR
or Investments
Pleaiie

write or apply to

The Gurley Investment
Cofnp my,
DENS'KR,
CapltHi and Surplus,
E8TABLI911KD

-

17

TKARS.

PITTSBURG AND VICI\ITY
•O

NEW YORK,

CO.,

AlFrchantH' Nnt. Bk. lids.
TAI-O.-HA, WA»«II.

Mortgage Loans

bjr

Carothers,

FOVKTH AVK., PITTSBURG, PA.

A.

H0TCHKI8S,

&

G.
Bonds.

Stale Street.

JOURNAT,.

An tnraluable nnanclal dally ts a year. Sam pie copy
fraa. DOW. JO.NHS A 0O„ PablUhara, 41 Bnwl Si
:

Inyeatment SeeartUea.

Omaha, Nebraska

W.

Hayes

I

Dealers

&

Sons,

BANKKKS,
in

MUNICIPAL BONOS.

Street RAlIw»r Bonds and other hUih frrade tnreatnienu.

143

THE WAIL STREET

R. Voss,

Brocks and

PerrfPaynr BMd'K

Ne^v V<irk, II Wall Street.

Prealdent.

MW K1R8T NATIONAL BANK BUILDINO.

Co.,

MUN ICIPAL BONDS.
A<<

GEO. H. LEWIS,

Commercial Paper,

&. CO.,
ANTOMIO, TEXAr*.

ITIiiiaii.,

ed by deposit of Ftrat

I

Act'g Secretary.

FRANCIS SniTH

Rontnn,

liso.ooo.

moat Coneerra*
the West.

GENT

rCn vCra

borrower or lender nntil
hATe proTeu Kood.

Bros.
BANKRKS.

-

Mortgage Loans with an Eastern trustee. FimtEf
YlARS' 8UCC»88rm, KXPIHIKNCK. SKND FOE PAMPHLIT.

W.

Lamprechr

Co.,

Guaranteed First MortKagea on improved land!
n Iowa and Eastern Nebraska. Safe and Desirable.

SIX PER

NO COMMISSIONS chAmed
toaufl

Street.

In Che

tlve Field in

TEXAS.

Cleveland, Ohio,

OF

Jas.

APl'LICATION.

Wall

THE
Investment

Capital paid Up,

1940.

WHITE &

C. H.

I'iSiti B'wRy.

tSOO.OOO

MUNICIPAL SECURITIES
Dpnil In

DATA ON

A.Nl)

!l

OE8 MOINES, IOWA.

Principal and Interest Quaranteed by the Lehigh

!!*A^

C(ll.(>.

NEW YORK,

CHICAGO.
113 Dearborn Street.

Mortgage 41-2 Per Cent Gold Bonds. Choice InTeBimentR
Valley RR. on each Bond.

5«.

FARSON, LEACH & CO.,

Co.,

IN

Reliable Colorado Securities

DOCK IMPROVEMENT

Price and Particulars on appUc«tt«n.

Lewis

Lehigh Valley R'y
OF NEW YORK,
PRICE

Blake Brothers

H.

N.

830,000

OUR JULY,

WB

City of Sandusky, Ohio,

lot,
iBt,

H.

E.

19^2

4,

JEIO.OOO City of St. Lonls Gold

payable in

idated Street Ry. Co.
Fir-t Mortgage Sinlcing
Redeemable after July
Redeemable after July

I.,

Gold
25,000 City of Lynn

1912

S75,000

T

'*"'",r«;;;fi,;^

lo

IfOttlOD*

Cable Address,

w \ll street.
NEW YORK.

Kxehanie Flare.
*

^BNNBTB."

THE CHRONICLE.

268

[Vol LV.

issuing bonds isRue. On Jan. 1 1893 the State will have in its treasury a
JkYour committee would rpcommend that in
twelve surplus of between $100,000 and $5 '0,000, and this, under the
or the Electric Lighting Plant, that the sum ot
resolution passed by the Legislature of the State, will be
thousand dollars ($12,C00) be issued and that the bonds be
applied to taking up a portion of the $13,201,7(10 3 per cent
made payable as follows
t)onds now outstanding, which were issued in aid of the

He

$2,000 In

year

",

',',

\l^
7;'"";!;;;;;!;;!;!!!!;!i"i9n'<i

',',

railroads.

Tonawandii, N. Y.—(State and City Supplement, page 54.}
will be received until August 16 1893 by Louis Gruen,
Village Treasurer, for 142,000 of street improvement bonds.
The loan will be dated August 1 1893 and bear interest at the
rate of 6 per cent per annum, payable part yearly from July
For further particulars with regard to
1 1893 to July 1 1898.
loan see advertisement in this Department.
Trenton, N. J.—(State and City Supplement, page 63.
Bonds of this city to the amount of $5,000 for park purposes
are under consideration.
Weatherford, Tex.— This city will soon issue ten-fifteen
year street improvement bonds to the amount of $10,000. The

—Bids
Your committee, in recommending the amount of the bonds
would
to be issued and the time of the payment of the same,
Bay that the city has not one dollar to pay in the five continuous year^, viz 19(iO, ISOl, 1902, 1903 and 1904, and that if any
more money is needed for electric light purposes that any
portion so needed of the remaining $3,000 in bonds can, without doubt, be cashed in a few days.
St. Clair, Mich., July 12th 1892.
John L. agens,
:

Geo. Zink,
Committee.
After this report had been read the Council voted that it be
will bear interest at the rate of 6 per cent.
accepted that the recommendations be adopted, and that the loan
Wllbnr, N. T.— Bonds of this town to the amoimt of $10,000
Wajs and Mfans Committee be instructed to advertise for
have been issued for the purpose of erecting a town haU.
bids for the sale of the electric light bonds.
Yonkers, N. Y.— (State and City Supplement, page 56).
Staunton. Va.—(State and City Supplement, page 150.)—
The Committee on Finance has been authorized to issue Construction bonds to the amount of $30,000, bearing interest
bonds
at the rate of 4 per cent per annum, have been sold by the
|45,0C0 of 6 per cent street improvement bonds. The
Board of Education of the city of Yonkers for a total premium
are to run 30 years, but subject to call after 5 years.
Superior, TTls.—(State and City Sxjpplement., page 100.) of $2,799.
J.

;

Hoy City Comp—A letter received this week from Charles C.which
were offered
t.

the improvement bonds
for sale on August 2 1892, to the amount of $358,170, were sold
to W. J. Hohnes of Duluth, Minn., at 973^ and accrued
The loan bears interest at the ra'e of 6 per cent per
interest.
anmmi, payable semi-annually, and matures $270,857 in 5 years
and $87,313 in 10 years from date of issue.

STATE AND CITY DEBT CHANGES.

troller, states that

We subjoin reports as

to municipal debts received since the

State and City SupPLEHia^T.
new and others cover items
of information additional to those given in the Supplement,
Tennegsee.— State and City 8upflement, page 154.)— The
and of interest to investors.
Tennessee has sold $1,500,000 15-year 4 per cent,
publication

last

Some

of

our

of these reports are wholly

State of

bonds at par. The proceeds will be used to retire the outstanding 63 and 53 which under the law the State is privileged
to call in at the expiration of five years

from the time

&

[amieson

Co.,

Title Guarantee

STOCKS— BOIVDS,
DEARBORN STREET,
Iil8.

Private Wire to

WORMSER, NEW YORK.
FLOWER & CO., NEW YORK.
B. GLENDINNING & CO., PHILADELPHIA.
I.

&

S.

Special attention Ktven to out-of-town buatneae.
J. B.

Correspondence

solicitecl.

BaKisB, Member New York Stock Exchange

D. M. CtTHumos. Member Chicago Stock Exchange

Breese
111

&

Cummings,

BANKERS AND BKUKER8,
AN1> 113 nONROE STREET,
CHICACO

Securities llBted In

New

94

9'i,

i&

Capital, pnld-up
S1,«U0,000
Undivided earnings, including

surplus
Deposited with State Auditor.

GDABANTBBS TITLES TO REAL ESTATE.

Is authorized by

law to act aa Registrar of Stocks

nd Bonds, Executor, Receiver and Trustee
Estates. Syndicates, Individuals

&

Co.,

SALLE

ST..

CHICAGO.

BSTATB for 8ALR

INaber.

of the Chicago Stock
Exchange.

W.

Goudy,

directly

Is

under the jurisdiction and
Illinois,

LEGAL

a

Is

DEPOSITORY for Court Moneys, and is RUthoriied
toactasTKUSTEE. EXECUTOK. KECKIVBIt and
ASaiONEK for ESTATES, INDIVIDUALS and
C0KP0KAT10N8.
OFFICERS

John

J. Mitchell, President.

John

B. Drake, Vice-President.

Wm.

U. Mitcbiill, Second Vice-President,
Wm. H. Htld. Third Vice-Presldem.
Cash'r. B. M. Chattel!. Ass't Cash'r

James 8 Glbbs.

John McCaffery,
L. Z. Lelter.

Wm. U. Mitchell.
Wm. O. Uibbard.

DIRECTORS
John B Drake
Wm. H. Reld,
John

J. mtchell
J. C. MoMullln,
J, Ogden Armour'

D. B. Shlpman.

Frederick T. Haskell.

John

Green,

DEARBORN

ST.,

Co.,

CHICAGO.

CAPITAL, PAID UP,

&

Co.

Takes entire charge of

Sa PINE STREET.

payment of coupons.

Interest

and

Authorized by law to receive and execute

A

from courts, corporations

legal depository for ooart

and

trust funds.

live days' notice,

or at a flxed date.

TRUST FUNDS AND TRUST INVESTMENTS

Bro.

Corres pondence Invited.

Dealt in

Acta tm

INTEREST ALLOWED ON DEPOSIt„ of moneT,

LOCAL SECURITIES A SPECIALTY.

INS, CO. SCRl
br

AUGUSTUS PLOVn,

the CltT O

which may be made at any time and withdrawn after

WASHINGTON STREET, CHICAGO.

ATIANTIC MUTUAL

dividends.

trusts of every character

&

In

estates.

agent for the registration and transfer of bonds and

and Individuals.

ILL,.

Fred. G. Frank

$40,000

NEGOTIATES GROUND RENTS

stocks and the

Schaffner

$500,000

SURPLUS.

P. Wilson,

A. M. Pence.

CM ICAGO,

99

185

Chicago.

100 WashluKton Street,

^OOKRKSPONDKNCB 80LICITKD.

I,A

This Bank

«uperTlsion of the State of

Vice-President.

COMMERCIAL PAPER,

SOLD.
Member Chlca«o Stock Bxcbanc*.

188

SELLERS,

BANKERS,

BOUGUT AND

Gaaeral Banking Bn.lnr..
Transacted.
FIRST MORTGAGK IX)AN8 ON
IMPROVED CITY
REAL

C.

Herman

CHICAGO.

&

83.-.i30,O0U

STEWART. Secretary.
CHAS. R. LARRABBK, Treasurer.

COUNSEL:
W.

OiVESTMENT SECURITIES

Straus,
BANKERS,

-

A.

Edson Keith.
^-^.^ ""'«'•
?*f"';?
John
G. Shortall,
Geo. M. Bogue.
John DeKoven,
A. H. Sellers.
Samuel B. Chase.

A.

MT.,

AND SURPLUS,

INTEKK8T ALLOWED ON DEPOSITS.

The Jennings Tru^t

DIRECTORS:
Qwynn Garnetf,
chas. W. Drew,
y- D- Kerfoot
John P. Wilson.

»<old.

Henry C. Hackney,

CAFITAI.,

President.

A. H.

ARCHIBALD

CHICAGO, ILLS.
Ghleac* Sacnrlilea Banght and

Trust & Savings
Bank.
CHICAGO, ILL.

Illinois

CORREt<PONDENCE SOLICITED.

111-113 LA 8AI.I.E STREET,

A

and Corporations.

Trust moneys and trust securities kept separate
:TOm the assets of the Company.

BANKERS,

Cahn

for

OFFICERS:

A. O. Slaughter

DKAKBORN

^OO.UUU

.

York, Boston or Chicago

8LAUQHTKR, Member N. Y. Stock Exchange
V. BAKER, Member Chicago Stock Exchange

113

•i-iit,00i»

Oilers Investors In real estate securities
protection aHorded by no other sistem of
«oing business.

OWYNN GARNBTT,
WM.

Trust

90 WASIIINUTOM STREET.

oarned on coUBerTaiWe margins.
A. O.

&

OF CHICAGO,

Cblcago Stock Exchange.

Clilcago,

CHICAGQ.

Company

Members New York Stock Exchange,

187-189

New York— Rome.— (State and City Supplement, page
53.)— The following statement of the financial condition of

CHICAGO.

CHIOACO.
J'

of

NEW VORK.

are kept separate and apart from the assets of the

Company.
I.

R.

WALSH, President.
11. HULBURD, Vice-President.
FRANKLIN UATHEWAY. Secretary.
SAMUEL D. WARD, Treasurer.
LYMAN A. WALTON, Cashier

CHAS.

AvavBT

THE CHRONICLE.

18, 1892.]

has been corrected to date by means of a special report
received iliis week from K. 8. Putnam, City Chamberlaio,
This city is in Oneida County.
When Z>u«. Water debt (Included).... $185,000
LOANS-

Rome

$M,000

Nov.

($J,i>()0(lu,. y.'nrly)
\\ \
K Iv.'NltS
I

—

I

,r.;.,0()O
(.r-:..iHHMliic v.'iirlv) to

Tol

1,

to Nov. 1,

4^., .I.v.l,

.i'-

,1

FAA, 925,000.
MAS,
4,000.

Auk.
AuK-

1,
1.

507

1893 AviTHKe BcUool tax
1897 ropulation 1890 was
Population 1880 was

14,991
12,194

Tlio ilty owns $21,800 stock of the Rome & Clinton Railroad, and on
Ang. 11 1892 bad $22..'5.'>0 In tlic bank for dividends thereon.
PAR VALUE OF BONDS-—The enKlne house bonds are ot the donoiiilnatlou of $2,000 each; water bonds (refunding) due In 1911,
1
f ,000 each other wat<n- bonds, $500 each.
INTEREST on the cnKino house bonds is payable at the Central
Natlon»l Hank of R(lTlu^, on the water bonds (refunding) due in 1911
at the Niitiimul Park l!«uk. New York City; on other water bonds at
the Fort Btanwix National Bank ot Rome.

Ohio— Columbus.—(State and Citt Supplkmikt, page 78,)
of the financial condition of Columbus ha3 been corrected to date by means of a report received
this week from D. E. Williams, City Auditor.
Columbus is situated in Franklin County.

—

LOANS-

Principal,-

-InUrtil.
P. 01. Payable.

do
do
1886. 4
do
do
1889. 4
City Prison refunding 1888 4
Deilclenoy—
Gas and light
1890 5
Police and Are.... 1890 5
Polloe
1888 4
Fire Dep. and gas. 1888 4
Tonrth St. Bridge. ...1890 4
VninUitt Park
1889 4
High St. Viaduct
1891

Mar.

June

OuMand'g.

Due.

1,
1,
1,
1,

1893
1906
1909
1908

J A j!

sub.
to call July 1. '94

5

A J Jan. 1, 1911
A O Apr. 1, 1904
June 1,1909, sub.
* T>5
"hooaUJuly 1,'99J
A J July 1, 1908
Aug. 1, 1909
AA
.

.1889
Market House
.1888
do
.1889
VortbHlghSt. Impt. .1883

Aug. l.'98,butsub
(to call any time.

t

1 <

CHICAGO.
CHICAGO.
Pald-np Capital.

$3,000,000
700,000

Surplus,

:

A regular BanUnx Bnalness Transacted. Aooaants
or Banks and Bankers, Mercantile and Mannfactnrbig
Firms or Corporatlona, recelred on favorable terms.
ForelKn Kxchanse Bouitht aiid Sold. Commercial
and Travelers' Credits, avsllnblB In all parts uf the
made

TelOKrHplilc TrHiiofers

with

all

Srlndpal Kuropean aud Uumestlc Points. United
tales and other flrst-clasa Investment Bonds dealt In.

)

5,000
2,000

50,000
9,000
15,000
200,000

5

1892.
$$,950,700
483,700

1891.
$5,472,588
342,483

Net debt
$6,467,000
Water debt (included above) .... 1,012,000

$5,130,105
1,036,000
18.000

Total funded debt
Sinking funds

Floating debt

a.

Oatloud,

&

OF SEATTI.E,.WASHINGTON.
tJNITBD STATES DEPOSITARY.
Anmis Mackintosh, Pres. Abram Barker, Vlce-Pres.

MUNICIPAL

Whitaker

&

BONDS

& Hodgman,

MIIVIVEAFOLIS,

MI1V]¥.,

Dealers In the highest class of .Minneapolis Seonrlies. Bank Stocks. MortiomBs and Bunds.

luriuatiuii
pui-lty

Western

But.ds and Stocks.
We
furnish full and reliable In-

W.

E.

&

Clark

Co.,
St.,

ST. LOl'IS,

Transact a neneral banking bnshiess. '-•-"•
Allow
iotwest on deposits.
Members of the Philadelphia and New York
jtook Bxohamtes, and connected by private wire
with New York.

Wm.
as

cuuceniluK any Western sewlthuul charge. Monthly qao-

PINK 8TUKKT,

&

G. Hopper

80DTH THIRD

ST.,

Co.,

MO.

THOROUGH CIPHER CODE.
Becresy Device Perfect: Copious
Blanks:
(S.-«.00 pair.)

""""""•
b.'Irm;;!""4 C1I.I.. Fl.

MADE

Commercial Bank,

TACOMA, WASIIi:VOTO!«.
PAID-UP CAPITAL,

8'JOO.OOO.

Six Per Cent Coupon Certllicate of Deposit, runnlns
yeirs. Interest and Principal payable at
the .Merchants' KxcbaUKC Nat. Bank, New York City
This CertlUcHte has a coupon attached, which can
be cut off when due. and presented to any Bank for
payment, the same as a New York Draft. Amc«i
convenient mode oflnvesttnK your surplus moner.
Write for a copy of the Certuloate.
A. Bkidguax, Cash. Qrattan u. WauLnt. Pre*

Merchants National Bank
TACOnA,

IVASHI.NGTO.N.

(OLDEST BANK IN THE CITT.)
Interest Paid on Time Deposits.
Capital
Surplus and Undivided Proflta

PUIbA,

9-J30.00O

SlOO OUO

Correspondence soUdted. Collections a specialty.

St«cka and Bonds booaht and

sold on Cem.
Isslon for Cash, or carried ou farorable terms.
Interest allowed on balanoaa. Corrospondanoe

Uandy Sls>
(tlS-UO doc.)

cBCRH*.
33 Wall

»,

SAN FRANC ISCO.

The

toUotted.

(Sl.aoeach.)

on London.

PHIIiADKLPHIA.

tatlou circular mailed to all applloauts
New Issues of municipal bonds wanted!

806

KXCHANUK

One or Two

No. 139 Soutb Fourth

Street,

biiyaiid soil ontrlithtall
tulljr

BILLS OP

Liverpool, Dublin, Paris, Berllti, Frankfort-on-theVialn,aDd all the principal cities of Europe; also on
ilons Kong.
COLLECTIONS
on all accessible points.

Co.,

BANKERS AND BROKIDRS

Geo. M. Huston & Co.
BOND AND STOCK DEALERS.
We

Bank,

QRAPHlC TBANSFKRS. and ISSOKS LETTHH8
of CRKDIT arailable throuKhout the United States

INTESTMENT BANKERS,

ST. LOUIS.

uheu

Solicited.

PORTIiAND, OREGON.
Paid Capital
Sl.OOO.OO*
J. LOBWENBERQ, Pres.
JAS. 8TBKL, Ttoe-Pru.
I. A. MACKUM, Cashier.
SELLS SIGHT K.IICHANOB AND TELB-

DRAWS

H. Wood

S.

BWNU AND MTOCK BKOKKKS,

.Muriiiipiil

Correspondence

Merchants Nat'l

CHASLU HODOMAB

800 Norili Fourth

Superior Collection Faolhtles.

P. O. BOX 1,000.
Cable Address "Trust" aiinneapolls.

COKKESPU.N'DKNCB SOLlCrTKl).

WHriAKBB.

I

I

Guarantee Loan Bnlldlnc.

A BPBOIALTT.

DWABDS

Wm. T. Wlckware, Cashier.
Capital, S'.200,000 i^urplus, etc.. S40,000
Interest-beariuB Certificates of Deposit.

Estate ..oans. Saietv Deposit Vanlta.
Acta as Eae^otor, Trustee and Gaardlan.
DEPOSITORY FOR WILLS.

fteai

WT. LOUIS.
WKSTEKN 8KCURITIB8 AND

HIQH GRADE

PACIFIC COAST.

CilPITAL., «500,000.

;

Blessing
Co.,
BANKERS AND BHOKBHS,

In-

iniNNEAP01.IS, miNNESOTA.

JNO. H. BLxssiire.

Gay lord,

$4,351,090
922,000

Minneapolis Trust Co., Merchants National Bank

;

BaVl

105,899

1890.

$4,646,614
295,524

The sinking fund receives yearly about $125,000, whlob does not
•lude assessments for street improvement bonds.

Samnel Hill, President Thomas Lowry, First VicePresident; H. F. Brown, Second Vice-President;
Daniel Bassett, Third Vice-President; Clarkson
Llndley, Secretary and Treasurer
Isaac Atwater.
Jas. J. Hill. B. B. Laugdon, A. V. Kelley, W. O.
Northrup, Wm. H. Dunwoody. C. O. Ooodrlch, Chas.
A. Pillsbury, A. H. Linton, P. B. Whiston.

ST. LOUIS.

luly

subjoined statetotal municipal debt, the sinking fund held by
the city against the same, the water debt, and the city's floating debt,
•n March 31 of each of the last three years:

DIRECTORS.

OOKBBSPONDENCB 80IJC1TKD.

..

TOTAL DEBT, SINKING FUNDS, ETC.-The

MINNEAPOLIS.

Union NatiDnal Bank,

.

ment shows Columbus's

$700,000
150,000
42,000
43,000
160,000
25,000

1,
1,
1,
1,
1,

do

Clobe. Issaed.

$30,000
16,000
125,000
35,000

MAS
MAN Mar.
Nov.
M A N Nov. 1900
MAN July
Nov.
1910
JAJ
1908
MAS
Sept.
1908
May
MAN July
1905
1.1899.

1884

4Levee

TTfterv

MA
JAD8

6

20,000. ..Juuel,
17.000
July 1,
10,000. ..Dec. 1,
48,500. .July 1,
40,000. ..Nov. 1,
10,000., .Deo. 1,
180,000. ..Jan. 1,

$.')0,000.

.

The following statement

City Hall refunding. .1878

Wk'aDie-

Watek BrfXUt—
•s, JAJ.
5b, JAD.
68,
4s, JA.r,

.

;

NAME AND PURPOSE.

LOANS-

When Due,
..Aug. 1, 1893
..8opt.l, 1902

1, 1893
400,000. ...Doo. 1, 1901
1904
MAN, 175,000. ...Nov. 1, 1910
1904
30,000... July 1, 1901
luly 1, 1902
1900 48,JAJ, 100,000
1902 4s, JAJ,
50,000.. .. July 1, 1903
1910 48, MAN, 100.000 ...Nov. 1, 1903
1910 48, MAN, 57.000... Nov, 1,1909
1911 4s, JAJ,
.50.000... July 1, 1918
l.r>OO....Mar. 1, 1911
iTHEBT iMPKDVEME.Tr Bi)."<D3,
4'«8,M<k8,100,000....8opt. 1, 1921
payable by a-isessment—
•'-4s, A<fcO,
6,500.... Oct. 1 1896 Ob, iAJ $184,.500....Jaa.
1,1395
4s, M<feS,
19,000... Sept. i; 1897 6s, JAJ, 211,600. ..July 1, 1895
4a. J*J,
4,.'100....July 1, 1901 69, JAJ,
68,000... Jan. 1,1896
4s, MAN, 165,000... .May 1, 1903 68, JAJ.
360,600. ..July 1, 1896
4s, MAN,
29,000.... May 1, 1901 6.1. J^tJ.
56,700.... Jan. 1,1897
4s, JAD.
118,000.... Dec. 1, 1905 (is. JA.I.
683.600. ...Tuly 1. 1897
4«, JAD,
25,000.... June 1, 1906 69. JAJ.
86,100
Inly 1, 1898
4s, PAA,
45,000.... Aug. 1, 1906 69, JAJ,
18,500
Ian. 1. 1899
4s, AAO,
10,000.... Oct. 1, 1906 69, JAJ.
138,900.... July 1, 1899
4*, JAJ,
17,000.... July 1, 1907 69, JAJ,
19,000
ran. 1. 1900
4s, JAD,
8,000.... Deo. 1, 1907 68. JAJ,
27.300
luly 1, 1903
12,000. ...Feb. 1, 1908 6.9, JAJ,
4s, FAA,
11, 000....,Ian. 1,1901
4s, JAD,
5,000
Junel, 1908 69, JAJ, 206,000. ...July 1. 1901
4s, JAJ,
20,000.... July 1, 1909 Total street lmprov.'92.$;i, 122,700
4s, FAA,
47,000.... Aug. 1, 1909
All of the street Improvement
4s, MAS,
15,000.... Sept. 1, 1909 bonds are subject to call one year
4s, MAN,
43,000.... Nov. 1, 1909 from date of l89Ue.
4s, AAO, 300,000.... Apr. 1, 1910
Board op Educatiow—Sohool
Stbam Fikb DkpartmentHouse Bosds.
•s, MAN, $150,000.. ..Nov. 1, 1910 59,
$150,000
1899
59, JAD, 85,000
Deo. 1,1906

Bs,
<•, JdkD,
•s, JAJ,
5h, J&D,
t«, JAJ,
ka, M.kK,
58, JJkD,
&B, JAJ,
5s, MAS,

vnliiatinn 1891....*5,89'.',H to
State, Co. A T'li tax (per $1,000)
^lOl.-!
City tax (per $1,000)
1006

1892
1895

$iti(),0(H).8ept. 1.'^, lull
,lel)t A\lK. 11, 1892. $193,000

.I.V.I,

,

LOANS-

BBWBB BOM09—

Tax

KNtilNK IldCflK—

in. Nov.,

2'»9

A. Strassburger,
STOCKS & BO^^DS BROKER.
SOUTHERN l.NVEST.MENT

Montgomery,

SKCUIIITIES.

Ala.

First

OF SAN

National Bank

FRAAiClSC'O, CAL.

...

UNITED STATES DEPOSITARY.
CAPITAL,,
•1,300,000
SUKPI.C.S.

.

.

.

•73a.M«

:).O.MraPHT, President. B. O. Morqan, Caahlw
Anas Morrrrr, V.-Pres. Q. w. Ku.xa. Assu Ot
GKHBRAL. BANKING BC.^ilNKSS.

J

ACCOUNTS SOLICITED.

4

THE CHRONICLE.

270

©oiupautss.

StJttst

Union Trust Company
OF NEIV VOBK,
80 Broadway, New York.
$1,000,000
CAPITAL
$4,ooa,si8 9a
SCBPLVS
to act as Bxecutor. Administrator,
SaATdlan, Receiver or Trustee, and Is
_

AQtbonxed

aEkgal dbfositoky fob MONBT.

Aeta aa Trustee ot murtjjHKes of corporations, and
Moepta the transfer aKency and refflstry of stocks,
Allows Interest on deposits, which may be made at
U17 time, and withdrawn on five days' notice, with
nt«re8t for the whole time they remain with the
oompany.
For the oonvenience of depositors this company
also opens current accounts subject. In accordance
with Its rules, to check at sight, and allows Interest
apon the resnlUnK dally balances. Such checks pass
throotfh the ClearlnK House.

Attends specially to the MANAGEMENT OF
and to the collection and remltanoe of rents.
It makes ample provision In Its

BBAL ESTATE

NEW BURGLAR AND

FIKB PROOF VAULTS

for the safe koeplnff of securities placed in its oustody, on which It collecu and remits Income.

Wm.

Whitewrlght,

TBOSTKES.
U. Van

Rennsl'r Kennedy
James H. OgilTle,
James T. Woodward,

Henry A. Kent,
K. T. Wilson,
Wm. F. Russell,
0. D. Wood,
James N. Piatt,
0. C. Hays,

George A. Jarrls,

OLD COLONY
TRUST COMPANY

A. A. Low,
G. G. Williams
R. G. Remsen,

Alex, Duer,
Charles H. Leland,
Bdvard King,
B. B. Wesley,
D. H. Mc AlpH,
Q«orRe B, Ca.- aart,

Edward
Samuel

$1,000,000 00
fi00,000eo
Transacts a General Banking BuHioea*

Capital
Surplus,

-

-

•

-

ALLOWS DrrUBXST ON DAILY BALAKOKS

BtTBJBPl

TO CHJtCK.
TRUSTXE CTNDSR HOKTOAOBS. TRANSrEB AGIN
BEOISTBAB.

BOARD OF DIRECTORS.

TEN MILLION DOLLARS.
This company Is a legal depository for moneys
paid into court, and Is authorized to act as guardian.
trustee or crecutor.

INTEREST ALLOWED ON DEPOSITS,

which may be made at any time and withdrawn after
five days' notice, and will be entitled to interest fc r
the whole time they may remain with the oomr-any.
Executors, Administrators or Trustees of Estates,
Religious and Benevolent Institutions and individuals will find this Company a c^^venient depository for money,
JOHN A. STEWART, Prssident.
GEORGE BLISS, Vlc»-?Tesldent.

JAMBS

T. Jefferson CooUdge, Ji.^PreHdeTit.
Frederick L. Ames,
John F. Anderson,

John

LOUIS

Martin Brimmer
George F. Fabyan,

Henry

Walter Hunnewell,
George Von L. Meyer
Richard Olney*
Lucius M. Sargent,
John I. Waterbury,
Henry C. Weston.

S.

Francis L. HigginsoD,

Howe,

William P. Mason
Laurence Minot,
Henry R. Reed,
Nathaniel Thayer
Stephen M. Weld,

K.

Barger

TRVSTEBS:

Wilson G. Hunt, (Jno. H. Rhoades. Wm.Rookefelltr,

Daniel D. Lord,

!

AUGUSTUS W. KELLEr, Secretary,
THATBR. Assistant Secretary.

J. V. B.

Knickerbocker Trust

Wm. W.

TUCKERMAN,

C. S.

ViCf- Pre*,

New

18 Wall St. aud 3 Nassau St.

CAFITA1> AND SURFLC;.'-, •81,000,000
DESIGNATED LEGAL DBPOSITOHr.
Acts as Executor or Administrator of Estates and
Ooardlau, Receiver, Registrar. Transfer and
financial Agent for States, Cities, Towns, Railroads

s

and other corporations.

JOHN P. T0WN8END, President.
CHARLES T. BARNEY, Vice-President.
JOSEPH T. BivOWK,;efi Vice-President.

DiUECTUUS

Joseph S. Anerbach,
Harry B. HoUlns,
Jaoob Hays,

John

S.

Tllney,

K. V. Loew,

Henry F. Dimock
John P. Towusend

Char.es I Barney,
A. Foster Hlggtos,
Robert G. Remsen,
.

Charles F. Watson,
Davia U. King, Jr.
Frederick O. Bourne

Henry W. T. Mall,
Andrew H. Bauds,
James H. Breslin,

Robert Maclay

C.

York Guaranty
mutual

CAPITAL,
SURPLUS,

&

In addition to

Life Building.
.

.
-

its

.

$2,000,000
$500,000

r&KD'K

_

L.

J.

BLDRIDGB,

Secretary.

HENRY TOWNSEND,

Assist, Secretary.

101 Broadway, Uraaklrn, ». Y.

CAPITAL

INTEREST ALLOWED ON DEPOSITS.

EDWIN PACKAUD. President.
ADRIAN ISEI.I>, Jr., Vice-President.

CAPITA

*600,000

IniprcKt couimencea Irom date ol
Authorlied by law to act as Executor, deposit.
AdminlsLrator, Committee, Guardian, Trustee,
Receiver
Fiscal and Transfer Agent and as ReglstrM' tS
Btocks Mid Boudsi I,
legal depository lor

!.«

paid Into court.

collaterals.

TS?k"ai£Mssf "* *""" ""»"«'' ""
A. D. WHEBLOCK, President.
WILUAM DICK, VIce-Prest's,
_ .,
JOHN TRLSLOW, „,„
I
(

BICHARDSON. Secretary.
TllUf<TEK«i
u
'g?"'"^<'.i'«W«. (John Longhran,
A ?.
ufiV„
D. Balrd
A.
Wm. E. UorwUl, Edward TVUiTlil
Voorhees, IJno.McliughlS.
S'b'S
V;,"'*"'"!-'.- ?•
B- TutUe.
A, D. Wheelock, A.
r.

•>

...

GEO.

J.

11.

TURNBUL.L,,

-id

Vice-President.

NELtON BORL.AND.

Aaalst. Secretary

DIRECTORS.
Samuel D. Babcock,

James N. Jarvie,

Frederic Cromwell,
Josian M. r'lSKe,

Aiigusius U. Juilllard,

Richard A. McCurdy,
Waller R. Gillette.
Alexander E. Orr,
Robert Goelet,
Edwin Packard,
George Griswold Haven, Henry H. Rogers,
Oliver Ilarriman,
Henry W. Smith,
R. Somers Hayes,
H. McK. Twombly,
Charles R. Henderson,
Frederick W. Vanderhllt,
Adrian Iselln, Jr.,
William C. Whitney,
J. Hood Wright.

EXECUTIVE COMMITTEE.
Samuei Ij. Babcock.
Richard A. MoCnrdy.
kreaenc Cromwell,
Bdwm Packard,
George Griswold Haven, H. McK. Twombly
Augustus D. Juilllard,
Heury H.Rogers;
Adrian Iselln. Jr.

Company,
303 North

ST. JLOUIS,

CUKHKK
<

AND LOCtlHT STREETS
hU L,oul§, no.

4th

a»Ual and Surplns,

.

.

DIRECTORBi

)

S!S^W^^^\

7^?»X1' "I?"''?*

Edward

8.

S3,00(<,00«

evm oUSiSiSi

Ford, N.Y,

T. J. Coolldge. Jr., Bos.
O. Sheldon, N. Y.
A. 8. Rosenbaura, N. Y.
John N. A Griswold, N. T.
Sam'l R. Shipley, Phlla.
R. T. Wilson, N. Y.
J. I. Waterbury, N. Y

James

F. O. French, President.

J. I. Waterbury, V.-Pres.
A. T. French, Secretary and Treasurer.

ALLOWS INTEREST ON DEPOSITS. EXE0UTE8 TRUSTS OF EVERY DESCRIPTION.
REGISTRAR AND TRANSFER AGENT

& Trust Co,
SIOUX CITY, IOWA.

Union Loan

INCORPORATED 1886.
CAPITAL,, Paid Up In Cash. ...81, 000,000
SURPLl'S
ir3,000

DEALERS IN HIGH-GRADE COMMERCIAL PAPER,
A supply

which It ain-ays liaM on
sale at Current Rates.

ol

raUNIClPAI/,

hand

for

CORPORATION AND

SCHOOLi BUNDS.
No ^tronirer Ijoan and Trust Company
the West. Correspondence Sollclteu.

GEO.
A.

JOY,

L..

H,

1&

Pros.

GARRET80N,

Vlce-Pres.

E. R. S.>IITH, l«ec'y.
to Colleetlnns.

Investments in the South.

Exchange

MISSOURI.

•'.200,000 deposited with State Officer
to
protect trust liabilities.)

A GENERAL TRUST COMPANY

BUSINESS.

A'lpws Interest on Deposits.
"^^
*" *' Executor, Guardian, Receiver,
nsSi^rflf
T™tee,&c Vi
Manages Estates. Collects rientsT
Booomes Surety on all kinds
Court Bonds.
Has Safety Deposit Vaults aofSavings
Department.
;

INVBSTMBNT SECURITIES A 8PBCLA.LTY.
DIRECTORS

k'

T

0'"K«lf??

V

;.

•J"!?"

siS'f^M ^'Bm,.;)! 1-

H Kw^SS""-

^"J^TiV*B R.
if Francis.
8.

Chas. H. Bailey;

^•?'^<=?'''""'"

°- Perry,

F.

•'o'l.nHoullin.
S- ¥,''?i?'«"-

&• f.-

Hofl^an,

&

Company,

Trust

CHARLESTON

8.

C,

Transacts a General Banking and Trust
Business. Savings Department. luteresi
Allowed on Deposits.
Investments made (at usual rates of oommlssion
n

safe and reliable interest-paying Southern securand 1st mortgage loans on improved city and
real estate.
Correspondence solicted as to all

ities,

town

Southern! nvestments.

Being within easy reash

of all parts of the South thorough and careful lnves>
tigatlon can be made of intended investments or

purchases.

OFFICERS.

W. Paramore,

Seo.H.Goddard
James Campbell

GEO.
P. N.
R. K.

Aufcust Gehner,

Caruth,
Julius 8. Walsh
B WF. Hobart. WUllamson Bacon,

B.

EDWARDS, President.

PICKENS,

Cashier.

MUCKENFUSS,

Secretary and Treasurer,

LAMB PKHUY, Solicitor.
BMYTHB & LEE, General Counsel.
DIRECTORS.

g-

J.

JULIUS

8. WALSH, President!"*
JOHN p. PERRY, iBt Vice-President.
JOHN ScuLi.iN, 2d Vice-President.
BBECKINBIDQE JONES. Secretary.

Banking

8. J. Pbkbt, of Johnston, Crews & Co., wholesale
dry goods.
William m. Biud, of Wm. M. Bird a, Co., wholesale

A.

paints and oils.
of James Allan t Co., Jewelers.
F. KoKNiG, with Knoop. Frerlchs i, Co,, cotton
exporters.
a»o. B. Edwards, Pres. Bleotrio Light A Power Oo

JAUss Allan,
Rowse,

Jno. A. Scudder,

SSL^.I.^c'&ar.
'rfds'S^'SS""'.IMwards Whitaker.
THOB, H. WB8T, President.

JOHN

JohnR.

C. C. Baldwin, N. Y
Chas. F. Tag, N.y
Jr., N. J.

Sl,300,000

WiS^kwOdck fe'*T*^?frn'.r
Wm v^Vk2°'^'

Louis Trust Co.j

N. ¥.

81,000,000
DIJiECTORS
Y.
U. W. Cannon, N. Y.

John Kean,

UNDER STATE SUPERVISION.

X^

St.

4tli Street,

-""'•'"*'

M, Surdam

""rrlsotl,

Y'"i:T- Willetts u. >-. Rlchardso"
/.S°- H.
IChas.
RusselM Uenry Seibert;

I..,

F. O.French. N.
R. J. Cross, N. V.

Mississippi Valley Trust

i

"w^i'iISll'
W.Wnrster.

Co.

Sts.,

Prompt Attention Ulveu

,

{•
S^^'S'i'.T,'

Trust

H. L. Hlgguisou, Boston.
August Helmout, N. Y.
E. D. Randolph, N. Y.
H. O. Northcote, N. Y.

HENRY A. MURttA Y, Treas. and rtec.

X>epo8lt8 received sablect to check at sight, and
BfercBi nllowedouthe resulting dally balaiices
Cerliflcatcs ot deposits Issued for time deooslts'
»'''"•
on which BpeclFil ralen will be allowed.

Trast Funds and
Loans made on approved

Frank Lyman,

Corner of Wall and Nassau

The Nassau Trust Co.

%
for moneys

G. H. Schwab,

special charter privileses. this

Company possesses all the pow^r of Trust Companies
under the New York Banking Laws acts as Trustee

Lawrence Perkins.

Gen. George J. Magee,
Itdward Wood,
L Townsend Burden.
Wm. H. Beadleston.
Alfred L. White.
.

Wm. D. Sloane

John C. Brown,
Edward Cooper,

Phelps,

B. Orr,

Wra.H. Macy,Jr.

BTiss,

Libbey,

Manhattan

Secretary.

Indemnity Co.,
CEDAR STREET, NEW YORK.,

59

AVE., COR. '.iTTU STttEKT.

office,

Wm.

and Treasurer.

PHIPPBN,

E. A.

for Corporations, firms aud individuals, as Executor
or Administrator of estates, and is a legal depository
of trust funds.

Company,
Branch

George

D.Wllhs James,

;

FIFTH

Auson IV^tokes, Alex.

Samuel Sloan,
James Low,

John A. Stewart, W.B'y'd Cutting, Geo. F. Victor,
JEFITBRSON COOLIDGB, JR., Preiideiit.
Brastus Corning. Chas. 8. Smith,
W. Wald. Astor.
GEO. P. GARDNSR, Vice-President.

T.

G. O. Williams,
B. B. Wesley,
C. D. Wood,

James T.Woodward,
EDWARD KINO. President.
CORNELIUS D. <VOOD, vip,^Pr„„rt.nt.
JAMES H. OGILVIB, j vIce-PresldenU.

SI34

S. CLARK .second Vice-Pres't.
L. THORNKLL, Secretary.
G. HAMPTON, Assistant Secretary.

HENRY

L. Bremer,
T. Jefferson Coolldge.
George P. Gardner

EXBCDTIVK COMMITTEE.
,

-

.

Street.

CAPITAL AND 8URPL.US,

Parker,

Geo. C. Magoun,
W. Bmlen Roosevelt
Chauncy M. Depew.

8eo. C. Magonn,
D. C. Hays,

45 and 47 Wall

Scbeil,

Amasa J.

Wm. Whltewright,
Mward Scbell

United States Trust Co.

BOSTOBi, MASS.

C. Vauderbiit,

Wm.

[Vol. LV.

D, FTLIiBY, Secretary.
A. C. STEWART, Counsel
on DePoMU. Kiecntes TrosU ol

Metropolitan Trust Co.
81 and 39 Wall Street.
^^'""'

»«ltiu!

New York,

o'S?'^?!," p2

v*'.£''*»-

o2?if n^fiS2!fueorgeD
Cosnav.

H.

WANTED

«I,««0,oo.i

by^ord^V^o"
Bn™'S^'^f"f''i"i*?'^''>i>'^'t^'V
tS-Mt .S.f uIh'- ."ecelvedepoBlUof money on In"""^ accept and execute any legal trusts
rS^K?ii~™'

-"o'th^TSK^.L'SnC'- "

J.

" "'™™^"' '*™'

'CHRONICLE,"

2,

TWENTY CENTS A COPY WILL BB

WM.

Fred 't D. Tappen, V.-Pres
Beverly Chew, Seoretar"
Assist sn Secretary.

:

Issues Jan.
23, 1892.

10'.^

B.

DANA

16 and
PAID.

Oc CO.,

William Street, New York.