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W xtmtk AND HUNT'S MERCHANTS' MAGAZINE, REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES YOL .NEW YORK, AUGUST 43 AMERICAN YORK. Alfred H. Smith IUot«mUW lar*. BOND*. P08TACC A MEVCNUI tTAMM. LICAL TCNDCM AND NATIONAL BANK MOTtS of the UNITED STATE*! and for •a nwM iraaiii BrBn. aafSMuaM t> ri.ATWi> rorarr etcnavoBi^ (. SOLID SILVER. GORHAM i M'fg Co., P. Porram. Praal. J. Houghton : B Bros. & Co., niLWAPKBB, WIS. OOIXBCnoNS BUda la aaj part of the eoaatrr AaooonU o( Baoka, Xerohaau aad at lowaat ralaa. Maverick National Bank, B0«T05I. ••..••• «400,000 BVBPLL'B, •••••••• 400,000 ManfeaaU' HaUooal Baak aad Baak of Nortk Ai " MarcliaaU' ,CtataMO< Mat. laa. New Tork ; artaa WatlntMil. Bntwi. M^ikw* n. CAPITAL, r. aad PhUadalphla Stoafc Biithaniaa. & H. Taylor L. Co., BANKKRS. B. Floyd-Jones Robison, • Kz«kaBc« 0«Br«, H»'m Yarlu iMMi. Bgada aB4 BowM Wh. O. . aad loM Modem a D. Probst Sa & Kellogg, BANUIItB AND BBOKXB8. <T>y, Hair T«rk. Tt * •• f Baak of I nadna Ba, aad San Sloaka aad Boada far lataafaut or oa Marda. eaakara Naw T*rk B«»> BxahaBS*. TINKER * WESTON, BT OO Naar Tark. nwBiB. MaBfcar H. T. Stoak Baak. C 17 T , STOCK BROKER. Lansdale Boardman, NBW TOBB, BO BROADWAY AS NKW ST. TB«T, N. T., •. BANKEBS. Ac St Naaaaa St., Near Tork. BaeelTe deposit* and nnnslananati of Bankio. Deal In inTsstmant Baaa ntjaa and roralaa Biebanaa and In rite ooi aapnnaaiiua Parttoaiar attention aWaa to lafofal Ian raaardlna In»sataieni Becafli «s. & Co., BANKBR8 AND BROKERS, No. S4 Pine Street, New York. Trsniact s tieoeral Banking BuslnesOi Btocka and Bonda booabt and sold on CommUalott, In Mlnlni 8tookB,and In Unllatad BaenriUaa. CoUaoUoaa aada aad loans naaoUatad. DiTtdaada aad latdtaat aollaetad. DapoaHa caaatrad aakjaot to Draft. Intacast allowed. InTestmeot saoarltlaa a spaoialtr. Wa Isaoa a rinanoial Report weekly. Ordan raealrad }M, nbers of the New Toik a Wauxxit, ~ Bloek Ezohanaa. DlCKIKBOai Kaitk Janney, r. L. Robertson, J. BOND AND STOCK BROKER, Dealer ia Inregtment Secarltles, No. 7 NASSAU STREET, (OonttnentAl National Bank Building), Haw Tark. Albert Pearce, Rolston 20 No. & failBltaii 16 Bass, BROAD BTREET. NEW YORK, STOCKS, BONDS Ac 18 BROAD IN AND DKFAUI-TBD BONDS COBRB8PONDBNCB SOLICITED. ANDniSCKLLAKBOUSSRCVBITIEB Wh. wjliclted. guotatlaafaiieerfBllrfamUbed. W. Alsx. Bass. Jr. RouiToif, Meatbar W. T. Btock Baeklja. II. Jaaa Howaan Laraaa, rBanauoA W. riRBT If ihar of N. Y. Btoek Baoikaace. J. Ifa. a H. Latham & Co., UNITED BANK BDILDINO, WALL STBBBT, NKW TORK. Solkttad. ST., ALL KINDS OF INVB8T1IBKI BONDS. MISCBLLANBOnS 8BCDB1TIK8 BROKER 17 riBST 8TRBBT. Mfcanhlai arlfatawliai aO London. C. Walcott J. Noa. t> Oonaapoodeooe •^ BANKF.R8 AND BBOKJUB, BXCHANSB lo i BO* or BBMaaaa and OaMa Ttaaafara oa tka Caioa •. S & Co., BXOBANGE PLAOB. ^^ Chrystie Maakan NavTorft Steak BwuBmb* & Ctaaqraa. MRMBBRS NBW YORK 8TOCK BZCIIANOB. Exaente ordarn on Stocka and Bond* Jos. DeooaltJ noalTtd rabjaet to ahaek at •Iskt. and latacaat allowad oa dall, kalaaeaa. IHnnka Booda. Aa.. booahi and aoM on oommimoa laHrtlaialShla aad otAar dUaa. Partlealar attantloo alTao to InfomMtlon raaardlns P>lTaMw<ratoNawTork.BaHI»ofaandotkarplaea« WjuiAD Bo Andrews, Adams rkaataat BU., iBvattaant Saaarttlaa. Oora Mr C. PuiTi>iJoina. •< Cor. Tkird ^^ BAKKKm* AND BROKBBB, II*. W. PHILADBLPHIA. & Proprietor,) Jx., ANKBBB. Wou. Oaklar. W. Agency, Cbleaco, lU., lATCa Llbrarr of Railroad DoeomenU. Compataat axpens. J. 1, AAA St., SCUDDER, L. ( VICX-MLBSIUKTS Investors' ILL. ANSWEKa INgUlRIBS CONCBRNINO American Stock* and Securities BroAdw*7 And Miaeteenth Street, AND 9 HAimV LANK. W>rh Kt.<«u4 la fli «>i.«f B.IKI.1. UTtXMttmK ADO Tin HtKVM. A. 0. (HEPARO. MeoetHMMN. TWRO RMEITSOM. «. . WmXIC. THEO. H. FIEEUaO. EwfTMitfTraMk NEW YORK, lofldenttaJ Reports. aM<^i^M»—^a—>»< iiiiiiil *> M» ar la* ca«aMiy. BArETV PAPER*. •AFETV COLOR*. BAU.WAY TIfKrT* "F IMPMnCB »a«w Car««. I >«> « t^ l»a«aia aiANK BOOM or CVCAY DCaCAIPTiaM Mjcrr 0. aOOMU.. fr-Vtrnt. T. Stock Kzohanira. 8TBEET, CLABK 8TBEBT, CHICAaO, S40 Foralsn Covernmonts. ••TKllJIMBJIT* A MB C»BP»BATI»»», BBArra. cbkckb, bill* sr kzcbahsb. •TAXra. *>, la U* ImM >4 aM** artMl> Mrte WALL 11 334 La Salle r«B Co., BANKERS AND BROKERS, The EMOitATIMC AND PRINTING. BAjnC KVTBa, HL4BC CrBTiriCATKA. *«!rB« & AKD 188 Broadway, Cor. Joha Street AKD riurraa or FjiGHAiTEia Co., l.H.WAOooxn. Frank C. Hollins Mcmban .V. & PORTERS, Ux •< »W t* >b« T«i*, IM& mm^r I^tiuiixctal. DIAMONDS. 78 TO 86 TRINITY PLACE, T 1,103. r.c.H0Li.ns. K. H. Kif nuoK. Bank Note Company, hllUlll- NO. 1886. ^ivauctaL I^tnaticisl. NEW 14, Howard Lapsley & Co., BA.NKER8 AND BROKERS, 74 BROADWAY andO NEW New York. STREET, W. H. Goadby & Co., BANKERS AND BROKERS, No. 24 BROAD STREET, Now Tark. THE CHKONICLE. IPatiliJevB & Morgan Drexel, and NEW YORK. & Drexel Drexel,IIarJes Co., & Co & Co., Heidelbach, No. 12 Pine Street, IS8UK TRAVELERS' CKEDITb. available 39 In all parts of the World, throuub Oor. of &th A Cbeatnut 8ts. 31 Boulerard nanaamaim, PHILADELPHIA 8. DOMBSTIO Ayo FORBION BANKERS. Securities Deposits recelTed subject to Draft. bongbt and sold on commission. Interest allowed on Deposits. KorelKn Exchange. Commercial Credits. Circular Letters for Travelers, Cable Transfers. all parta of tbe world. kTBllable m lori mORGAN & & W. Seligman & Co. J. No. 33 CO., Brothers 8c Co., NEW YORK. Boston. Phlla. AND ALEXANDER RROTTN dc SONS BALTIMOKK. Bny and Sell Bills of Exchange IHKLANl), FRANCB ON GKEAT BRITAIN ANDHOLLAND 8W1TZ. QBRMANT, BELGIUM. ERLANU, NORWAY. DENMARK, ATallable In any part of the world, Sn Fkancs for Martinique andGuadaloupe, and in dollars for in this and adjacent countries. Jtlake Telegrapblc Trauiirera of money Between ihia Country and Europe. ttAKECOI.LECTIONS OF DRAFTS drawn Canada. points in United States and in the U nited States on foreign countries ndtbelr London bouse. Messrs. BROWN, 8HIPLBT A CO., receive accotmts of American banks, firms and individuals, upon favorable terms. abroad on all and of drafts drawn & J. Stuart & J. 33 NASSAU STREET. Co., Payable In any part of Europe, Asia, Africa, Ausand America. Draw Bills of Exchange and make Telegrapbio Transfers of Money on Europe and California. tralia John Paton & Co., BDCCE880RS TO JESUP, PATON & CO., 62 'William Street, sold. DRAW ON BRITISH LINEN CO. BANK, LONDON SCOTLAND. BANKERS. LONDON 32 ULSTER BANKING COHPANY, BELFAST. IRELAND; AND ON THE NATIONAL BANK OP SCOTLAND, & Sc KiNNEDT Tod. H. O. NOBTHCOTE. J. & Co., No. 33 Naaaaa Street, New Yolk. No. 4 Poat Office Square, Boston. Clrcnlar Letters of Credit for Travelers' Use Abroad against Cash or Satisfactor} Guaranty of Re-payment, KzcbanKe on London, Pari*, Berlin and Zurich. .,i MADE BT CABLI. dc CO. Honae—jnUNROB J. Act as Agents CURUE8PUNDENT8 UP THE International Bank of London (Limited), Loudon. nieaars. Jolin Itereiiberg, (jioasler 4c Co. llauiburK. neiiars. narcoard, Kranaa A. Co., Pari* ALEXANDER BARINO. & & Canndiun Bank of rommcrce. CAPITAI, i, U. tfl.OOO.OOa UOADBV & SCKPLCg, 12.100.000. B. E. WALKER, JOINT AGENTS, 1« EXCHANGE PLACE, NEW YORK BUT AND SELL STERLING EXCHANGE, CABLE TRANSFERS, ETC. IMJB COMMERCIAL CREDITS' AVAILABLE IN ALL PARTS OF THE WORLD. Street Railroad for Banks, Bankers AKD ALL KINDS OW DEALT Member N.Y.Stook Eioh. LOMBARD INVESTMENT and Railroad Seml-AnnuollF in Payable For sale by B. J. McGEORGE, No. 96 CO., TRUST BANKERS, Equitable ullding. New York LETTERS OP CREDIT AND CIRCULAR NOTES parta of tbe iMned world. BIIIh drawn nn the Union Bank of London. Telegraphic transfers made to L#ondon and to Tariona ftlacea in the United stjttes. Depoalta recelTed subecf to check at sltrht, and Intereat allowed on balances. GoTemment and other bond* and inTestment Mcnrltlea boufiht and aotd on conuntaslon.! for the use of Iruvelers )n all Street. BROADWAY, IN RAILWAY STOCKS, GS^AS KOUAITZE BROTHERS, 30 Broad DEALER Co., CITY London Kew York or Boston. Ko. ATTORNEYS AND AGENTS OF BARING BROS. & CO's UNDOUBTED SECURITY. Interest Excbange on & IN. OAS QC0TATI0N8 IN THIS PAPBK. Gko. H. Fkentiss. W. D. Pbektiss. W. W. Walsb SB1I STOCKS, CO.'S STOCKS TEI>EGRAPII STOCKS, 113 Devonshire Street, Boston. 120BROADWAT, Bonds Stocks and Six per Cent Guaranteed Western City and Farm Mortgages. GOIHinERCIAL CREDITS, Members of tbe New York Stock Exchange DXALBUa IN FOHEION EXCHANGE, GOVCBNHICNT Clrcnlar Credits for Traveler.. AND UTHEK 1NVK8TMK.NT BONDS. STKHl.INU LOANS A aPKClALTY. 44 Wall M. and 63 Greene St., N. ¥. Cable Transfers and Kills of Exchange on Buy and sell on commission, tor Investment or on Great BRirAm and the Continent. markrin, all securities dealt In at the New York Stock Bxf-nange. BROOKLYN. ASD FOREIGN BANKERS, Nassau Street, New York, Messrs. ST., GAS STOCKS Co., WILLIAM STREET, Kidder, Peabody Cable 1'ransfers. Co., linger, Smithers BANKERS AND RROKERS, nONTAGlJE SOS MARCUAKO, KRA|ISSdcCO.,)p.R,a jrAKIS. HOTTINOUKR Jt CO., CommercinI and Travelers' Credits. York. BROOKL.TN SECURITIES Bny and sell bonds, stocks and securities in all American, Canadian, BrltlHh and Dutch markets on commission. Collect dividends, coupons and foreiKu and Inland Drafts. 1 New Geo. H. Prentiss & Co., No. 49 WALL ST., NEIV YORK, Offer Investment Securities. Ruckgaber, BANKERS S9 iriLLIAn STREET, NEW YORK 1st GAS SECURITIES, Isene commercial credits, aljo forelfm and domestic tniTeters' letters of credit in pounds sterling &. dollars. & of Bzctaange. 4 Broad Street. fS BANKERS. Com pant ea. Alabama TOBEYA. KIRK, York. Kennedy Tod No. 63 of Mississippi & Tennessee Railroad "A' and " B " Bonds. Co., Member N. Y. Stock Bxch'ge Sell Bills of Hills Western Railroad and 2ds. AND AND telegraphic transfers of money ON MEXICO, CUBA, ^kc., <L-c. ALSO, Schulz Grant Bonds. 34 Excbange Place, New Ist & Marqnette Land Detroit Maeldnac bills of exchange, letters of credit, BDINBUBQH AND BRANCHES; CABLE TRANSFERS AND LETTERS OF CREDIT. %nvtstraznts. Mort. Bonds. AND MANCHESTER, PAYABLE IN LONDON Paris ATAXLABLB ALL PARTS OF THE WORLD, ON Keasra. C. J. Hambro & Son. London, THE UNION BANK OF LONDON MANCHESTER & COUNTY BANK, COMMISSION MEECHANTS, "LIMITED," CBSDITB OPENKD AND PATVEKTS ISSUE COMMERCIAL CREDITS, IN New York. Accounts and Agency of Bi.nks, Corporations firms and individuals received upon favorable terms Dividends and Interest collected and remitted. Act as agents for corporations in paying coupons and dividends: also as transfer agents. Bonds, stocks and securities bought and sold on commission, at the Stock Exchange or elsewhere. Sterling Exchange and Cable Transfers bought and Maitland, Phelps EXCHANGE ON BANK£R iniTH, PAYNE &. SMITH'S, lune BBS' CREDITS. Sbpzci^xl SELIGMAN * STKTTHEIMER, Frankfurt. ALSBERG, GOLDBERG 4 CO., Amsterdam. ALTMAN 4 STKTTllEIMER Berlin, BILLS OF John Munroe BUT AND DRAW BILLS OF BXCHANOII, MAKE CABLE TRANSFERS. ISSUE TRAVEL. Issue Letters of Credit for Trarelers Iron steamboat 1st Mort. Bonds. On SELIGMAN BROTHERS, London. Detroit Mackinac & Marqnette SELIGMAN FRBRES & CIB. Paris ue In ase NEW YORK. Exchange Place, FOREIGN BANKERS. New Vork. SWEDEN AND AUSTRALIA. Conumercial & Travelerai' Credits IN STEBLIXO, •ne Cor. BANKERS, BROAD STREET, STREET, LONDON. Brown o\m. Kochschild. Eihi., Vienna. AND TBEIU COKKBSPONDENTB. Draw Bills of Exchange on, and make Cable Trantfers to, England, France and Germany. M. de ATTORNKTS AND AGKMT8 OF RfesBr*. J. S. BTo. 22 OLD BROAD Ickelheimer & Co., WILLlAm STREET, BANKERS, Meaara. N. [>1. RoihHCtalld Sc Hoiia, Ltondon. " de RolliHchild Kraiy, ParU. " M. A. dr Uoihxclilld&Sona, Frank- PARIS. 'i Foreign lExcttange. JJvaxucvs of Co., August Belmont WAIX. BTREET, <X)RNER OF BROAD, [Vol. XLUI. Bank In Stocks, Insurance Stocks. my qnotatlons of Trust and Teleirraph Stocki <aalnrrt«v> fi^^nirw f'>Ht and rtniiv Iri'Hrfttfr See Mempbls & Little Rock RR. Honda, miss. & Teon. RR. Ronds, Carolina Central RR. Ronds, Ga raid. Sc Gnlf Railway Ronds, 4tlauta Sc Charlotte A. L. R'jr Ronda, mem phis & Charleston RR. Ronds, And misceIlan<*ou« Securities, BOUGHT AND SOLD Ry R. A. LANCASTER & CO., 10 IVall Street. IF Ton WANT TO BUT OR SKLl. ANY OK PUT8 0BCAI,l.f*<»N .*T«CKSor callBONDS on, write to. teleirraph to. send for, ll. W. KOSENBAI M. BO Fxchnni' PI<i<-». "f^ V*'*-. my new Circular, Just issued Send for uocn U, THE CHKOINICLE. 1888.] lU ISauUcvs auti gvolicts in Ucuj TJovU H. OBUSBB OAMLMT, WUTSLT, HA-rHAmDCMnM. HBrmr B. Doooa, Waaklaatao. D. 0. JAJiaa Wh. TRAmu, SpMtel K. Prince & Whitely, M BBOADWAY, NBW VOBK. H*. m- . __- <^...;._ 1 180 Klflb Taintor Pmrtnar. At«„ N«w Tort. Holt, 8c Geo. K. 16 BANKEB8, ael) RAILROAD .rt«itioil.WwH»i Boaton aod Pltubofs. otkwtM. rneUtmai Lou or ttSStfatcSkittm New York, St., GOTEKMBXMT, MDNICIPAL and Sacnrttlet. O. B. TAINTOR. C. Interaat allowed on dallT balancer. All dapoalts snbject to onaok at sIk^ Particular attention to orders by mail or telecram OBO. H. BOLT. Turner, J. Taan' Mambanhtp la H. B. Hollins 8c Co., tha N.Y. Stock Rzehaaca). BANRKRS. BANKBB AND BROKBB, 16 A 18 BROAO ST., NEW YORK. Tfaaaaeu a ranaral BaiiklaBkaalBaaa,tiiehidliictho pnrehaaa and aala uf ttoakaaalbooda toroaak or oe or on margtn Stock Ibc New York dealt In at tbe cbanfo. L'HPnjHB. Q. P. (IB Boy and aaU on Commission, for cash all seooritlea Pilrata talesraph viraato FmrMaaea and Boaton. Fred. H. Smith, BANKER Jk BROKER, Ho. 90 BROAD ST., NBir VOBK. T*mT7Mn'azp«rtaoMtniUUroa4Bofi«s. PwMa Mi^ M b«7 or hU D —ii wU Baa«s wli. Sons, Sistare's 18 Broad Street, FIRST-CLASS INVESTMEIVTS. Bar and WtU & lai Sonth Third Street, Philadelpbla. Cor. Neir, Neir Tork. Connected br PriTata Wire with main office. New York. TRANSACT a OBNERAIi BANKOTO boalneaa. DEALSKd IN DBPOaiTS fMalTsd an4 HITBRBST allowad oa No. 11 TTall i*U iliMH«< RaUriM* to FlUlaaalpklB. ©Itij. T3 * BKOADWAY, NEUT YOBK. 74 0>Baa8PONDIHTS : CLARK A CO.,) _„_ .„___. UILL A K15.VNKU V, PHI^DaUBlA. DKVKN8 A TUCKBRMAN, BOSTON. Meaan. B. W. " r.T. Boinaooc LAxmfa C. WAMMMvaa. BOAit dkwixo. cuax Dawiaa. Bxehanca.) (Maoibar u( .New York Mook cba*. J- Tow.fnxi). lUBb«r N.r. Mock Kxahaoca. JMU. P. TuwxsutD, 8p«eUl Townsend Partnar. H. Dewing 8c Son, Washburn, BANKER»i AND BROKERS, & BAKKKBS AlTD BROKEB8, N*. • iraU Mr«««, Haw T«rtl. No. 18 Wall »ltre«t. Partlcolar att«ntWn idTaa to tafanaatlan racardlaa laraatmaot Mcuntlua. Iowa Loaa A Trut Go. • »ar Okat Dakaetaiaa boBgat and aold. Gorham, Turner eaAMimr.Oox WH. r. (-jjKiuB. -r. rj«. Carolin K*n4k H N& Cox, 8c A. Dutenhofer, BROKER New York. •toakaaod B<.nd> B«ugl>taa<t8oMoo&>aimlaaloo Moaks B4Bo<idiBawiMaad 8oM oaCoMalMloa 8c Co., BANKERS AMD BROKERS, BlUa Bnildlnx, 35 ITaU St., Now York AND Desler In MIscellaBeoiu Seenritles, MILLS BUILDING (Sd rioorj Rooms ae A M. 33 WALl. STREET. BTATB AND CITY BONDS OF GBOROIA. ALSO RKCUKITIKH OK TIIK CBNTRAL HK. & BANK. INU CO. OK UKOKUIA A BPBCIALTV. loTaatora wtablna to bnj or sell are inTltad to oall or eoneapoad. Prompt and personal attention glrea toaUordiBa. ACami a. OOBRiM. CBAB. W. TU BBBB BBOAOWAT. «M M, N«* Tort CBAa-aNoBLB. MaalMrN.Y.atoakKzeh , Buttrick 8c Elliman, k (Maa.*U Madtoua Air,aar. DapaMa laaaliad aablact to ahaok a« Msbt. aaJ jtar*« alluwad oa teilj aa l a n aaa. All atoaka Baeartttaa 4aalt to at tko Maw Tort Moak Mzakuaa , (or Caak ar apoa wd ' 1SSL' & Gilman, Son J ohn H. Davis 8c Co., BANKERS AND BROKERS. Do a atiirlly Co., mUUtm Ik CBDAB WHBBT •• BONDS Pnrata WIraa fIBAIN, ! (HUCAOO. BALTIMORB. to NBW WAiaroa B. Baowa. Baaaaar Baowa. raait. a. P. Baowa. Member N. No. 18 RABSAO •IBBB'l, «KW TOBX. Huestis PIMB nRKET. WOOD St Co., 8c XEW YORK. DATIS. laniB aO aaaaa i lw Baud at Um Bow ^ Tortltoak Bitlianrr Tor lala fiaar^'t.Aaa HAiLiiuAnniiarTlloBTaAaa BoaM. OBOKUB C. WUUI>. C. U. HUBSTU. UM-BWAM. Kimball BAinCSBS 8c V. Stock Rxctaanaa. (AJ Cok B KER8 WALL STBBBT, Stewart Brown's Naw York. A K M Sons, stock brokers, 64 Broadwar 'c 19 New St., New YotK Bbj BOX p. O. I.M7. A. M. KiooiB. WitTUUn) TkAkK. H. 1. Moaaa. W. <;. JtiiJ,, Cahoone Wescott, 8c 18 Wall Street, Exeonte Onlera ISooJff* In all New York, BeoariUes Listed Of^ NEW YOBK STOCK EXCHANOE. Special Attention glTcn to Qoremment ft other InTestment Bonds Corraapondanca Solicited Co., BA M H Broa^war, AMD BBOKXB8. , Troaaoat a Oanaral Banklof Boaioaaa,. InelBdlna kaii and tala of VTOCKa aodBOMDa for I OMk or a* afai>' ui4 Soli Inwaat^oBt Soearltloa. BANKBBS ANB BBOKBBB. J. & Maoibar N. Y. Prodnoe Exchantre. BAXKER8, NO. SO Chew, 8c i't KroiidwaT, N. T. Baskaaae Coart Btoeka, Bonds and United States (ioremment Secanuaa Boo«hl and Sold on Commission. BaraaLT CBaw. JAS. D. SIMONS, Walston H. Brown 8c Bros R. Simons "> ia4B 31 A SPKCIALTY. STOCK BBOKERS, Uaa. Wood, nKNT loTaators wtahloa to Buy or sol are Inrltadtoca or correapund. Bar and Sell on Commission for Cash. or on Marrln. allBtocks A Bonds dealt In at iba N. V. Htook Bzob, . a O wiw al to 18 Wall Street, New York, FIBST-CLA.SS liONDS FOU INVBST- PUILADKLPUJA aod lolaraadlau Polnta. VOBK. No. IT WALL Vr., BAMK£Bfl, Ife. « ('onBtlaalon Baalneoa BT04-KII, WIU t rar. K BRM, Baehaaae Place. B. V. Simon Borg 8c Co., NBW YOBK Braaeh OBre, 441 La Salle St., Ckteace, No. IT NASSAU ST., TBANBAfT A OKNKRAL BANKING BU8INB88, DKALEB8 IN ALL KINDS OF UfCLUUINU TIIK I'UKCHABB AND 8ALB OK VaakOTiMa Bow Tort Stoak BsehaBfOb Maakan PkilaMpkte Btoek BrnhaM^ir^ 16 * It BrMi4 Mraat, Naw Terk. SrroCKB AND B<)NI>H FOR CAM OR ON MABBar and Mil oo onanalialoo. for Inraatiooot or oa Suir BUT AND BKI.L INV^MnT ^BCl;HI- EAllroad and InTestment Seeorltlesi aralB. all •Mwntaa Aaalt la at uia N. T. Nook Bsak. tHb. INTBRBST ALLOWBD ON DKPOiUTS BoaaBi J. Kiaaat.i ALvaaD B. I^ooaaaaar •oBKn' TO CUBCK AT SIGHT. IT Taan* Wm. " W. B. Dtrannoa. Bdwaad Masbar M. T. Moak Bxekaaaa. P. ALuao — D. A. BOODT. Ho. BO Plaa BtrMtf Blaw York. T. Btnr* Bicbarata, tot INrnfrumxr ur un MAHUI.H, all claaaaa or StoeU afkBooda. and allow tatataat oa (lapnaBi, aabjaat to at If. Hamilton Um. S* 8c Bishop, PINK MTBBBT. Kwlaaa Prt*at> Bcik aat . biawo' NMBI' Wall Street, corner Broadway. trOCKM, »OXD8 d OOMMMKOIAJ, FA.PMU. loafca aad Booda bijiwbt and aold oo aoaiailaalon New Tort Btoea Kicbania. Adraaeaa Bade on kaalnaa mam ukA nibmr aaaartttaa •t«*aaad BOUGHT AND (My See Qaotationa of at Walsh NBW TOBK. '.TIVj CTMaao. amoanta to fait <«afor IDTaatmaot Ho. 14S BBOADWAV, NBW YOBK. BANK us, BANK BVIILDINO, CITY RAILROAD STOCKS ft BONDS IS ONITBD HA.XKRKR Altn BROBBR8. (Man. '.an !*tm Tnrk Moak "-TlrTaT T ant* r iunt< R>i.ti-r>an<l otkaja faaal»«< talairaat % -<atl>Ooaa« lOUyOoaaialaatga SoirniBBB Bbuurituu a spbcialtt. H. L. Grant, Dickinson 8c Ailing, ARKBRB AND BBOKEBS, Bar and nil P. O. Box 447. C. W. MOLILLAJI. Raraaa LaLAap. • TOC'K Floyd, Maaibar N. T. Stock S. S>a Bailey, PINE STKEET. UEALINOS I.N BROKERS, INSURANCE STOCKS BROAD 8VBSMt, BXW YORK. tluMJ. Wtoro, Ja W. Walsh, jb., No. 36 J Aaaa 8c E. BOLD. Bailroads In tbis paper. A SPECIALTY. cash paid at once fnr the abora seonrltica t or they will be sold on commission at seller's option. THE CHRONICLE. (^atiaaiatt and Wox&iQn SVBPIiVS, <3. - SMITHERS, F. W. .T. NEW JORK Nob. S9 &. B. President. BUCHANAN, General Manager. AnSTERDAin, OFFICE: HEAD Exchange, Francs and Cable Transfers grant Commercial and Travelers' Credits on, available In any part of the World issue drafts «nd make Collections in, Chicago and throughout the Dominion of Canada. ; ; Iiondon OfBce, No. 28 Abcliarcli I.ane. Merchants' Bank OF CANADA. OFFICE, MONTKEAIi. Manager. GEORGE HAGUE, General General Manager. J H. PLUMMBK, Assistant BANKERS: Bank (Limited.) XONDON, BN'O.-The Clydesdale York. N. B. A. KKW YORK-The Bank of New Sterling El- The New York .\aency buys and sells .«hange. Cable Transfers, issues credits available in jlU parts of the world; makes collections in Canada and elsewhere and issues drafts payable at any or descripthe offices of the bank in Canada. Every tion of foreign banking business undertaken. New TLoiU. Ageucy, No. 61 JOHN B. HARIUS. {Agents. ^g«°"- JK., i AGENCY OF THE Ty^E BEG TO Bills, Stocks, Bhares. Coupons, St. > J ACQUAINT YOU THAT A. A. n. ifeo. Corporations, Arms and individuals, upon favorable terms also orders for the purchase and sale of Bonds, Shares, Ac, &c., on Commission on the Stock Exchange. Negotiate Railway, State and City loans. BOISSEVAIN, BLAKE. F. B. New York and Boston sell Sterling 18 Wall Street, as State STREET. available In all China, Japan and the East BRAZIiaAN n naie of I-IMIIBD, available in the Brazils, River Plate, &c. Bills collected and other banking business transD. A. McTAVISU, ( ^gePta. acted. * A -onta LONDON H. BANK & 8TIKEMAN. j Imperial Bank of Canada OAPITAI. (paid up), - BEAD American Currency & Sterling Exchange. In London Aiyenl-ji In New York* LloytPs. Burnett's & Bos-I „*?.«J™!.'^,';S„™"1 ; Baxk op moxtbkal, . anquet's Uank, limited, 59 Wall Street. ; Railway Share Trust Co. (LIMITED). ( . No. 4 62 Lombard Street. Promptest attention paid to collections payable In part of Canada. Approved Canadian business paper discounted at the Head Office on reasonable terms, and proceeds remitted by draft on New York. & Buchan, C'OLl.KCTIONS MADE. J. & W. Sellgman <fe Co. to Company undertakes the business of Trustee Loans of approved Railways, negotiates and Authorized Capital, Pald-np Capital, • Renerre Fand, - payments of Agent for or Registration of Stocks in London, or otherwise. Cable Address-PATT, LONDON. Bank of Australasia, $0,000,000 4 Threadueedle St., liondon, England Paid-up Capital, .-'-.-- il.BtO.OUO 1,500,000 £780,000 Reserve Fund, 400,000 Letters of Credit and Drafts Issued on any of the --•-- Transact a general banking business. Issue Commercial credits and Bills of Exchange, available In all parts of the world. Collections and orders for Bonds, Stocks, etc., executed upon the most favorable terms. FKJ> O'K K. LOW, Im.„„™— IGNATZ 8TE1NHABT, J '''*''"««"• „ „ . ULIENTIiAL, Cashier. 216 BROADWAY, NEW YORK in D. S. Gov't Bonds. BONDS OF SCBETYSHIP this Company at moderate charges. The bonds of this Company are accepted by the from courts of the various States CASUALTY DEPAKTMENT. Policies issued against accidents causing death or totally disabling injuries. Full information as to details, rates, &c., can ha obtained at head office, or of Company's Agents. Geo. 8. Charles Dennis, Alex. Mitchell, S.B.Chittenden. Wm M. Richards. Cos The Investment Co. of Philadelphia, CHESTNUT STBEET. — numerous branches of the Bank throughout Australia and New Zealand. negotiated or sent for collection. Telegraphic transfers made. ^ * ., ., Deposits received In London at Interest for fixed periods, or for transfer to the colonies on terms which may be ascertained on application. PRIDBAUX SKLBY, Secretary. Hills OFFICERS WILLIAM BROCKIE, President. WHARToA BARKER, HENRY M. HOYT, Vice-President. JR.. Treasurer. ETIIEI.BERT WATTS, Secretary. Board of Dlrectora-Willinra Brookie, George 8. either In the mat- Pepper, Morton McMichael, Wharton Barker, Henry Corporations, C. Gibson, T. Wistar Brown. William Potter. Advisory Committee of f tookholders.-Qeorge M. Interest on Loans, Dividends on issues Loans on the London Market, acts as (Incorporator! by Royal Charter, 1835.) ' a, taoO.oSo deposited with the N. Y. Ins. Dep't, for the protection of Policy-holders. Assets, January Ist, 18S8, tOOO.oOO 42. OtBcials of Banks, Railroads and Express CompaDies, Managers.Secretaries, and Clerks of Public Companies, Institutions and Commercial firms, can obtain assets. I.ONDON, Head Office, 3 Angel Court. JSAN Flt.VNCISCO Office, 422 Calif ornla St. BOSTON CoiTesfKind'ts, Massachusetts N. Bit FIDELITY A CASUALTY CO. Capital, $-2,000,000. Acts as Financial Agent in the negotiating and marketing of Securities. Deals in Bunds— Corpora- (LIMITED). NEW YORK Agents, A. L. Hopkins, H. Victor Newcomo, John Paton. Daniel Torrance. Kdw. F. Winslow, Brastus Wlman, P. P. Olcott and J. K. Pulsf or<L Collects Interest deposit, allowing interest. As desirable Investments offer will issue its Debenture Bonds, secured by its capital and ter of Anglo-Californian Bank OFFICE: tion, Railroad, State. Municipal. &c. E-xecutes orders Railways and other THE Edwaud Bawlinqs. NO. ill BBOADIVAT. D.J. TCMPKINS. Secretary. Nilw YORK DiRKCTOBS— Joseph W. Drexel, commission In Ronds. Stocks. &c. Capital Paid Cp, £971,360 Sterllns. on dividends. Receives money on and This Stocks and Bonds, Sterling Exchange, Drafts on York, bought and sold at CUKRENT PRICKS. : NEW TOBK 310 LONDON, ENGLAND. STOCK AND EXCHANGE BBOKEBS, TORONrO, CANADA. Managing Director BANK BUILDINGS enr Gzowski President BiBALKx.T. Galt, J 8.T. Stranahan, A. S. Barnes, H. A. Hurlbut, A. B. Hull, J. D. Vermilve, J L. Rlker, THK in Agents *^^-9SS. ^'^-"xX 240,000 Vice-President Hon. Jas. Fibrteb. Wm. M. RICHARDS, Prest. John M. Crane, Seo'y BOB'T J. HiLLAS, Ass't Secretary. DIRECTORS: W. G. Low, Q. Q. Williams, David Dows, D. E. WII^KIE, at. Catharines. Port Col borne, St. Thomas, IngersoU, Welland, Fergus, Woodstock, Winnipeg, Man., Brandon, Man., Essex Centre, Niagara Falls and Gait, Out. OF NORTH AMERICA. Cash Capital Assets und Resources Deposit with Insurance Department Cash Capital, $250,000, Invested Solicit accounts and agencies of Banks, Railways Corporations, Firms and Individuals upon favorable terms; also orders for the purchase and sale of Bonds, Shares, &c., &c. on the Stock Exchange. Interest allowed on Deposits, subject to BO-days sight drafts, at Bank of England rate, and one-percent below that rate subject to OFFICE, TORONTO. BRANCHES: of Sixretyship. OTHER BUSINESS. ^.^ Co., $1,500,000 demand drafts. $480,000 Negotiate Railway. State and City Loans. Cashier. - S17RPI.CS, HOWLAND, Pres't. & LONDON. COIHMEK- world. Ifork Boston, Mass. 62 Gresliam Honse, E. C, ed In PonjidsStfrilng oarts New CO. &. ©om^yatiijeis. The Guarantee Co. Nos. 214 Exchange and Cable Trans- ClAL. CKEUIT."* ISfSlIEO for use in Europe, and West Indies. Also, Street, Heinemann fers. Issue demand drafts on Scotland and Ireland, tilso on Canada, British Columbia, San Francisco and iss ^OIltCCLAR NOTES the of Corkespondents, BLAKE BROTHERS North America, No. 62 WAI.I. financial ; OF British NACHOD & KUHNE Solicit accounts and agencies of Banks, Railways Bank F. H. 4r William 11 coPTHAi,!, Court, London, E. C, 1st January, 188«. Biake, Boissevain & Co., JBoxids NO LONDON, ENGLAND. W^all Street. HENRY HAGUE, New and London. A. M. TOWNSENn. Agent. . we have this day commenced to carry on a genIiondon—B. W. BLIJDBN8TEIN & eral Banking and Commission business at the above No. 55 & 56 Tlireadneedle St., e. C address, in co-partnership, under the style of Botterdam—De WissEi>en-EFFECTEKBABi. BliAKE, BOISSEVAIN St. CO. JB. Ensctaede-B. W. BLIJDENSTEm, Mb. H. J. DllLANOT MEYER wlU sign for COT Almeloo— LEDEBOER 4s CO. Arm by procuration. BTANTON BLAKB, Transaot a general BanUnK and Commlsaion NEW YORK $5,799,200 Paid Up. $1,500,000 Messrs. KNAUTH. - HEAD Dealers - 1861. BRi-JTOHES! BuBlnesB In Presidpnt ANDREW ATjTjAN, Esq. __ *^" VloelPresldentrEOBEltT" ANlJBRSON, Esq. S. - . CORRBSFONDENTS: Capital, Keserre, B. . BANKING COBPOBATION. $7,500,000 Paid-up Capital 4,500,000 Reserve Fund 500,000 Reserve for Equalii,ation of Dividends. 7,600,000 Reserve Liability of Proprietors The Corporation grant Drafts, issue Letters of Credit for use of Travelers, and negotiate or collect Bills payable at Bombay, Calcutta, Singapore, Saigon, Manila, Hong Kong, Foochow, Amoy, Nlngpo, Shanghai, Hankow, Yokohama, Uiogo, San Francisco OFFICE, AmSTEBDAITI. Sell Sterling Buy and - CO., HOIiliAND. Capital fully paid up.7,203.9a6 Guilders ($2,881,670-) ($365,837-) 913,092.88« " UenerveFund VVALTKR WATSON, ) ^gentS. Buy and W. BLIJDENSTEIN & KSTABI.I3HKD WAtl. STBBBT, 61 %}xvLktxs. Hong Kong & Shanghai Bankvereeniging, $12,000,000 Gold. - $6,000,000 Gold. . xLin. FOREION. De Twentsche Bank of Montreal. - nna -^^xnks FOREIGN. CANADIAN. CAPITAL, rvoL. Troutman, Gustavus English. Isaac H. Clothier, William Pepper, M. D.. Thomas Dolan, John «. Reading, Joseph E. Gilllngham, John Wanamaker. Uonry E. Smith, Charles B. Wright, Henry Lewis. Craigo Liiil)incott,lIamllton Disston, Clayton ! rench, Francis liawle. Investment Securities BOUGHT AND SOLD. WANTED: Scioto Valley Bonds, all Issues. Southern Central Ists. ,,^ .., . ,. Toledo Ann Arbor & North Michigan Ists. Indianapolis & Vincennes lets. Memphis & Little Rook ALBERT , Ists. E. BCACHFIEI.D, No. 6H Pine Street, AcocsT 14, THE (CHRONICLE. 18M.1 ©ut BANKS. of ^cur liorfe. VEW faufes and lanfecrs EXGL.AXD BANKERS. %xixvx laortgaflcs. Hayden LOBOWIOBJ. HIXL, B.B.)<CCAXDt.>M, A.W.BTIX JOSBCA WILBOUK, CHARLXS H. 8H«LJ>ON, JR Tle*-i*rM't BcxjABiN A. Jacksox, William Binney. Jr. Caahl*r. Prwldwit. Wilbour, Jackson & Co., Gate City National Bank BAMEERS AN'D BR0KBR8. ATLANTA, CEOBGIA. Capital •»*. Sarvlaa, 1A« •>eO,000 00 - • No. Sa VniUd Mote*. iM«»iiH Of BankayMarchaala.Oarpontlaaa as* irrMuli m ne ~>riTiiK¥aia« rapb WIra to for. WUI act aa annt fur th« IsTaatoiaat of Idla anA iplaafBDAaof BaatJ or IimM tM la la oar acUT* mi4 (rovni# ettr aonar la aJwan Is — r»ta» North-Western Nat'l Bank, CHICAGO, ILLINOIS. CsTltal, 1200,000. Sarplna, 9i0,0O0. Thl* a|M boMa lafddnioa»l.oea.OMD. 8.4 par t«a iHBivvtaa. ta aroM «k^ w« IMA —laat %bA ai a aaatta laaal t a T a t lon BAHKBB8 I JoaiAHjnriT.y.PWa CouKwau. Cashiar. jawwTT.PTo.. WiLXJAM C. Bank of Buffalo, CAFITAL, - ------ 9300,000 BUrrAU), M. Y. fMUmaa for aakiM aonae. ,atBla la ik* Uallad^aiataa. UlM|A laiaa aataMM to ao*'3oMM««nnn.—MavTwIb Ratloiiai Sbo* 4 LaatiwlwkTrnloa Baotof Exwloa. W. T. BLACX WBLi, PlaaX P. A. Wilst. CBahlar. Thlabaakl AMD of Durham, DL'HHAn, N. C, Par Special Attostlon to ColIectloBS. riBST.<XA88 rAauTin. Mortgage Co. BROKKBS, WESTERN FARM MORTGAGES. 186 niddle Street, Daalan PHl.NXIPAI. Ooraramant. Bute. Coantr. CItr and Rail road BoBda, Bank Stocks, te. Uaalrabia InTaatmant SaeimUes oonatantlr on hand offered: & Gerlach, Bo. 437 Tbere CHESTNUT 8T1U:£T, We PHILABBLPHIA. Kaw Tork Maaibafa of tka PkUadalfbla and ncBUMa. Bteek Cable Traaafan. BUli of Bxctaanca and Lattara of Cradiu ' Jos. n: WHY OOR I,OAN9 HAVE PROVED Sil SATISKACTORV. We Inrariably Insiwct tbe security before mak* iDff a loan. 8d. We rarely loan oTcr one-third, and neTcr exceed 40 per cent of lis present cosh value. 8d. We loan only on first mortnaftcs. 4th. We accept none but perfect titles. Ocb. We loan onir to Rtmd borrowers. eth. We keep all insurance policies In force. 71b. We see that all taxrsnn.iioi.t RBA80N8 M. JABVBT. 1st. M. Shoemaker & Co. BABBBRS AJTD 1S4 SOl^TH 8T<0CK BBOKBR8. ,„x\.\ THIRD 8TBEBT, PUII.ADEEPHIA. Mb. Our loans are . BALTIMORE BANKERS. lOtb. Co., CoBimercial National Bank, UOrSTON, TEXAS . lltb. (unravrMK.vraodSOUTHJCaNSBCLKITIBS raaalT» oar MOV.aOO imMbI alfBllna aod k M. Ulat iaar.l ITTATB BAMK. Pi Brfiau t. i Ueorpotated 1875. I O. T. Waiaar, I Ci aahlar. IStb. ALTIHOBB. are IStb. .) aoUeKed and Information tor- "V. Corraapondanta-Mcma 4 Co. Brotbara • - - - - $300,000 rrompt attailoB tirea lo aU bBitBaea IB egr Ha*. N. r. roRBa«p«n>B>m.— iBportera' AlVnlara' f>a>i>«M) lunk aoj BatloaBl Baek nt Vtm aatBaila k. B. Ui uuiaa, tnraat. A. K. Walbbb, CaaBMr. Ho. OFFICE!*! : 1^ N :trt« rif Iha MAMi, HICRnOND, viRomiA. WESTEBN Lamprecht Ho. 1ST Tliilato aad Borik OBfofiBfraa vi aoat i Bar aaat aaaiiMB 8MaliBBdS& dobtaof o^ e^ htb Ballroad Cobb Estabrook, BANKERS. BTRRKT, BOSTOW. (MSHBERS OP THE RRW TORK AHD BOBiON bto<:k KXCIIABUBB. Homa P. F. Doalors In Mrb in-ade a fie ffT. Weatam Co., LOUIS, Soearltlea. Oataaltad Boodi of KUsoorl. Kaaaaa and Illinois a Specialty. Oood InresUBent Mearttlea, paylnc from iMsr to ea«t par esa*. for jala. Chas. H. Potter Co., fie INVESTMENT BASltERS, ALXO, Manlelpal, State, Rallroa4 and i;nlte4 <«tateB Honda. lera In Samuel G. Studley, GbBVBLAND, OHIO. TOWW, COUNT V A LAiB SUPKlil AND HTKKKi TOrKS, -t.<:i;HITIBS C0HXI»8IOM 8T0CK BBOKSB, Ho. 4 Ekcbance Plarr, Roo« r m Bo. A, BOMTO\, MASS. I CF BOBTOB Srv^CB BACBAMOB. Ormi*r. Free.. ISO Nnsaaa Mu, M. „ T Farm Mortgage Co., LAWRBNCB, KANSAS, Offers to Investors the best securities In the FIRST MOKTUAOk market UPON IMPROVED LOANil Intereat and principal paid on day of maturity In New York. Fnnda prompUj placei^ Lano ezperlaDee. No loaies. Send for circular, referean* and sample forms. F. M. PERKINg, President; J, T. WARNE, Vice-Preal.: L. II. PBKKINS, Secretary CHAH. W. OILLKTT. Trees.; N. K. HART. Auditor FARMS. 1071. Keleher m OLIVB 8TRBBT, Co., CUIOAaO. BBTABLiaUBD It also issues CertlHeatas of Deposit at S per cent interest. Writ* for pamphlet and le fere n tes Oflice, Bnaielaburtr. lowa._ THE WESTERIf & ritlen. »c., of capttal — — caallleTrnai Ca„ N. V. of Cleveland, Ohio. N. W. Harris of Bta- with brsoobaaat Huron and Mltc' " of Dakota, oSer Srst Mortnjie Farm Loans InIc ,. l.l"?!.: Mlnn/TOakota, and Neb..Talh PrtnelpaTiuid ItottnW' oMUao Bleed. Also A per cent Debenture i xions of the Company), nionUif^lO yeanha obUoatli ,. ,^ ^ , eared by Mort«aire loans deposited with E. B. aad arlesa taralabed OD appHaaMoB. iMte Be If ran wish toboy or sell. K•'^^ ""JJWnMSft «• .»2««'' for tlavln«B.8ar«n«a*TriiatO«.BM M>aal Banks 110*117 Monroe M., M*. •• 001t«RRSM & Co., BVFKBIOB STREET, RMnaAivB BAmcBma. anMHQ «• CoanUea. fie 8X AaertBBB TaTestaieBi Coaipanr, aaUbum, Iowa, Inoorporatad with a paid-up CLEVELA.ND, OHIO. % TH9HAS BBAKCB * CO.. aaanoas and oommimion uBiicaAMTB. Men— W» VHUlINiA. OtaMlaffaaod lafanaMaa da iBoaiBBtlM fitch. Man'ger. 6% The M BAnrKERl. Bros. H.H. KnuaaaClty, Ma., JohnC.ATery.tJenJtaa. MMtOVO, B4NK ER», ColleaMoM aede ob aU Boathera polBU oa beat laimai froapt rBiaraa, Juitit P. BBANCR. Praadaot. JOBJt ».qL«:«ii.<aa^ PaBPL COTT. Tlao-llaea Brewster, DOMBSTIO AND I'nilail <llalM. ATIO.NAL .. roBBIO.N BA.NHI.Va B0SUrB88. \»tI,'»IINOTON, N. O. I GE.tEKAI. DO NOT TNTBST UNTIL VOL" HAVE INVESTlM<>KT(i.\Glid. SKNI) KDU OUH PAMPHLET GIVINO FULL. INiOUMATlON. GATKIXll'K KaKM .. Kowler. V.P. .Chaa. N. .. Phlln., I \'X S. 4lh ISt., C. B. Wilklusuo. Man'mr. SOL'TH STB BET, BALTIMORE, TBABSACT A National Bank, First 7 - New Tork, 'JOM R'vray, Boston. 3.1 Ceart St.. B'wB- " — ~ .. Garrett German National Bank, Robert BANKERS, &Sons, LITTLE R«CK, ARKANSAS. Capital (l>aM la) v,v1 an(r road** prodactlve farms Id us portion of tbe United ,ii:ea are ooDstantly taicreastnic. loaaa oet loraators a iSr cent Inta f sst . Oar payable aaMkaaaoally without chama or ax> peoae to tbcm. All mo money forwarded to us for Investment beirint tu draw Interest upon the date of its receipt atany<if4«ur ufflces. Interest coupons are oaabed at maturity by tbenrat National B-ink of New York ur ui>on preMHitatloo at any one of our offices. we ffnarantee the prompt payment of all lotareatat matonty. Wamarantae the payment of principal wittlln two years from maivitT. ' •tb. & - tweotr-MTe Tears In an loTeatment of orer tgoO.OOO,-' 000 not a dollar of principal or Interest has been lost. Thlareoonl Is wliaout a parallel In the Held of InbelleTe that a tboroagh Investlaa^ vaatneata. Uon of tbe method and e«re which we obserre la' takln( these secarttles will abnwthat oor baslDeaB baa reached a sncem aa perfect and well deflned aa> thai of Ore or life Insurance. RA!(KEK.4 AND BROKBRS. (Mcmbcti of Baltimore Btoek Ezclumge), ..... Becnrltr. County. State. $1,400 00 BMwn, . .Kanaaa. 1,800 00 Jelftrson, Nebraska. 4.200 00 Tama, Iowa. 14,000 00 Lawrence, MIssonrl. 7(,oao 00 Nnckolls, Nebraska. are stattstiea abowlnit that during the last «»J0 00 SOO du I.OOO 00 4.600 00 B. 8,Ma 8,4ta M,000 00 B. AHKEBS AND BBOKKKS, Wilson, Colston •aBical, Amoont .No. B. S,«a7 B. 8.«'» B. S,S3t raiLABBLPHIA BANKl^ft. Narr AMD INTEREST GUARANTKE1> Capital Uabllitj. |a00,0M); Cash paid up. taoO,000. To (clTe some idea of the alse of loans, margin re.. qnlrcd and wtiere located, we append a few of tlipa^ la r The Bank 6% EQUITABLE Beaton. POBTLAND, SIAINE. S7*Mt of —«»«(> Maw York and Swan & Barrett, fa«on»Ma. Qlra tt» a trial. r. W. Gooklh. Aaat. Caab Oio. BTt-BOEa. Praa'i. danaDd. Onr I. P wijH la Coimarrtal Paoar, OoTermnmit and otaar oiaUelaaa Bootfa and gigcv tuiitles aod KoreiKD tfullr •oUotCad. CoUaetlou prompt) j toad* taA ranUttad COLORADO. W» We haTe on hand and for tale Brst -class County and School Bunds and other choice securities. especialtj recommend to oonserratiTe Investors oar RBALBSTATBLOANSoD ImproTedCIt; and Fans Propertlea. Tbeae have been made by na after ilirtV InTaatlcatlon of title and Talnes, and can be traoaf erred at onoa. Cnrreapondanoa aoUelted. HUbeab roferenoea Baat and West. « W^KTBOSSBV STREET, PROTIDEXCE, R. Dickinson, DENVER, TBI DttignMtd tttpontam of & INTE8TMKNT BANKERS, R. T. Wilson Farm Mortgages Ib Sams of $100 and Upwards ob Ibdiana and Ohio Lands. BOTQINa SAKBR. ALWAYP PROMPTLY PAID BEND FOR PAMPHLET. JOB. A. nooRE, 84 Baat Blarkot St. Indlanapolia^ iB4 , NORTH- WESTERN GUARANTY LOAN CO., Real Bntate Mortrsites on atr and Knrm Property, worth two unts of morttor 11 per cent to pal and Inter7 p<' ntiitoed. Heest iilbythe I. curltl. -ii ComAmerican I ' '< I r. > MINNEAPOLIS. fie Co., BANKERS AND COMMISSION MERCHANTB % Exchauge Court, Raw York. pany, of H< Pald-Up Capital, NEIiBB S'.IO«.O0O. Autlinrit'd Capital «>-.t,ooo,ooo. Send forci;- dk ...... • CARPENTER. Bankcra, Troy, N. Y. Eastern Manantri lor Com pan THE CHRONICLE. ^iuattciaX. 'ginnncinX, THE TO THE HOIiDERS Long Dock Company's OF CONSOLIDATED MOBTGAeE, FIFTY TEAR, -SIX PER CEJKT CiOLD BONDS. Pkincipal Payable 1935. AKD OCTOBEB. Texas BT BANKERS, & Western Railroad. having been represented to the trndersistned that large amounts of the seeuritlee of the Lake Erie & Western Kailroad Company are In the hands of parties abroad. and acattered through the country, whom it has been impossible to reach within tha time previously allowed, and who wish to deposit their holdings under the reorganization agreement dat«d February 1, 1886. and at the solicitation of §everal well-known bunking honses which have promised t« deposit their holdings. NOTICE Is hereby given to the holders of the Lafayette Bloomington the A Muncie First Mortgage and Income Bonds, and Lake Erie & Western Main Line First Mortgage Income Bonds, and the Lake Erie & Western Sandusky Division First Mortgage and Income Bonds, and also to the stockholders of the J.nke Erie & Western lljiilroad Company, that the time in which they may become parties to the said agreement is extended to Saturday. August 14, 1880. No other It opportunity will be given to the security holders to avail themselves of the benettts of the sgreements under the terms now accessible. The Purchasing Committee has power to impose penaltiesforfailure to deposit securities by August 14. 1886. C. HOLLINS (Frank C. Holllns 4 Ck).), 11 Wall Street, N. Y., FBAMK HENBY W. SMITH (Mutual Life Insurance (3o.), Nassau Street, N. Y,, WILLIAM A. BEAD (Vermllye&Ck).), „ CLARKNCBCABY(0ar7 Nassau Street, N. Y., 4Whltridgc), 59 Wail Street, N. Y., Purchasing Committee - St Louis Kansas Citf & Northern Railway Company, OMAHA DIVISION. The undersigned, the Committee named In a certain ajireement between the bondholders of the Division of the St. IjOuIs Kansas (31ty & Omalia Northern Hallway Company, dated June 9, 1886, hereby request said bondholders. In accordance with the provisions of said agreement, to deposit their bonds In the United States Trust Company of New York. Temporary receipts for the bonds are now ready for delivery and will be exchangeable in a few weeks for permanent engraved certificates. The original agreement may be signed at the o£Bce of Bald Trust Company or at the ofBoe of Stewart & Boardman, Attorneys for the Committee, No. 49 Wall Street, at either of which places copies of the a^eement can be had. JOHN H. BEACH, CIialniuui,1 JAMBS B.PULSFOBD, JAMES H. SMITH, CHABLBS 8. SMITH, JAMES F. DWIOUT, OBOBQE WABEKN SMITH. Henry S. Ives & NASSAU P. O. ST., BOX withdraw bonds will be reserved to any parties desiring to do so after the terms agreed upon have been annotmced. New Beoelve depoalta subject to check at sight and allow Interest on dally balanoes. SIMEON J DRAKE, CHRISTOPHER MEYER, W. C. HALL, August Sewer Loan Bonds. ' EAST OBAKOB, AUKUSt U 10, 1886. of Euat Orance, Essex County, New Jersey, soUcila Healed proposals or bids for an issue of One Hundred and Fifty Thousand Dollars (i.150.000) uf bonds, to be known as'SKWEK lAtAS BONDS" of the Township of Kast Oranjte, N. J., Issued under and by virtue of an ordtniince passed by the Township C'immittee. in pursuance of the provision of an Act of the LieKislaturo of the 8tAte of New Jersey, entitled "An Act to provide for Drainage and SeweruKe in densely populated townships in which there is a public water supply,** The Township approved March 4, 1^84. The township has property of an assessed valuation of $5,647,800, with a bonded indebtedness of about *3»,U0O. These bonds will be dated September Ist. 1886, and will bear interest at toor per cent per annum. payable semi-annually, on tJio flrst days of September and March in each year. They will be issued In denominations of ?500 each, with interest coupuns attached and arranged in series, each series amounting to $10,000, and the bonds In each series will mature a one year, two years, three years. &c., to twenty years. No bids will be considered for less than a complete series of twenty bonds of jioOO each, maturing respectively in one to twenty years. No bids can be considered for less than par and accrued interest. Provision for the registration of the principal of these bonds will be made when desired. The Committee reserve the right to reject aiiyandall bids not deemed in the interest of the tijwD.-*hip. Hlds will be received as al»uve on or before Aug. 26th. It8(i, at 8 o'cldcfc P.M. All bids to be sealed and endorsed "Pr<ip<isal8 for Sewer Loan Bonds," and addressed to the undersigned, FINH 8TBBET, BROXBR8 AND DEAIiBRS SAMUEL C. BONDS. of the Mississippi. The undersigned, at the request of holder* of the above-mentioned Second Mortgage Bonds. naTO consented to act as a committee to protect their interests. , ^ ...^ * -* Agreements empowering the Committee to act have been prepared and will he ready for signature Trust Company, 35 Wall btreeU attheMetropulitan on and after the 17th inst. C'^pies can be obtained on application to the Trust Company or to either 01 the undersigned. New yoKK. August 13, 18^. JOHN N. A. GRISWOLD,) Committee, THOMAS HlLLHousE, > CHARLES E. FLKMINU.) B. F. R OMAIXE, Jr., Secretary, iio Nassau Street. London & Limited, London. 1 , tioned bondholders has been prepared and is now ready for signatures. Copies can he obtained from either of the undersigned or from the Metropolitan Trust Company, 3S Wall Street, In the city of New York. Dated New York, July 28, 1888. FREDERICK N. LAWRENCE, 30 Broad Street, KOMAINE, F. 84 Beaver Street, EDWARD GOTUOUT, 80 Pine Street, F. ROMAINE, Jr., Secretary, 20 Nassau Street. EinPIiOYlTIENT WANTED BT A a foretKn bnnkinK and stockbroking establisumeut. Fluent correspondent In Kngilsh, French and German ten years' experience with Itondon and Continental forelKn bankers: American ^ailway securlttea and the internutionul arbicraKe In same a specialty; extensive and thorough experience In all exchanj^re and Stock Exchange matters: considerable executive ability; gentleman (30) in ; New York references, altso from present employers in New York; no objection to place outside New York. Salary at start t'^ per week. Reply, "AUBITIIAGE,'* Financial Chronicle P. 0/JioxrB58. a U). BHANCHES: ^ ,^, _, Pernambuoo, Bahla, Rio ^ew York WaU Agency, 71 Commercial and other credits Issued, Street. bills sent for collection, etc., etc. LAWRENCE McKEEYER, Agent Mexican National Railway. J. Bondholders are invited to deposit their bonds the CENTRAL TRUST COMPANY of New York, under a plan uf reorganliatlon prepared by plan the IBondholders' Conunlttee. Copies of this and agreement may be obtained from the Central Trust Company, or a the office of the Committee, No. 32 Nassau Street New York. w th SBL A H CHAMBEKLAIN, SPENCER TK ASK, i°B^SG"E^"B'i;YN'lliMj*l!^'g.TK^^^6ANDA. fAMUEL B. PARSON|i-VM^K D. STOKES. . Committee. _ Massasoit House, SPBINGFIEI-D, MASS. THE BEST APPOINTED HOUSE IN WESTERN NEW ENGLAND. man. Near Convenient for the tourist or business Union Depot. w. H. CHAPTK.^ Avenue Fifth HOTEL, NEIT YORK, Madison Square, The Largest Best Appointed and Most LlberaUy Managed Tiotel In the City, with the Most Central and Delightful J-'^^aloa.^QcK, Office. & Moore hereby given that an agreement author- ising the tinderslgncd, as a Committee, to take proceedings to protect the Interests of the above-men- BENJAMIN Mills, Currie Banii of England— Messrs. Glyn, DARLING A CO. U. B. 80HUT. JOHH (i. MOOKB. W. K. KITCHBH. of the Mississippi. is Brazilian Bank, CAPITAL, £1,000.000, in 60.000 shares of XMeachL PAID UP.....i50O,0OO KESKUVB lUND,i2»0,000 BANKEKS: JONES, Chairman Finance Committee. Kast Orange, N.J. excellent IN F. P. OLiCOTT, President. To the Second Mortgage Bondholders of the Wabash System East i BENJAMIN NO, YORK. River Plate— Montevideo. Committee. 12, 1886, particular attention given to the subject of Investments for Institutions and trust funds. Flagg, Duncan Building, Cor, Nassau & Pine Sts. CENTRAL TRUST COMPANY OF NEW New York. Bralll-l'ara, Do Bui, De Janeiro. Santos. Sao Paulo, llio Grande Oporto. Pelotas . Porto Alegre. Portugal-Lisbon, CHARLES J. CANDA, WILLIAM STRAUSS, Government, State, County, City and Railroad bonds constantly on hand for sale or exchange, and & for signing this agreement will expire September 1, 1886. NEW YOBK, Aug. 11, 1886. Tlie riglit to Notice 1.428. pnrohaae and sale of secnritlea listed at the Tork Stock Exchange, or to the open market. ENTHAMCB it to issue its negotiable receipts against the deposit of bonds on mid after August 18, 188G, and as soon tliercaftcr as possible the same will be listed at the New York Stocl£ ICxcliango. Co., Tnuuaet a general banking biulnew, Inoladlos the Reed Indeed, to j'ou for aooeptaneo. To the First Mortgage Bondholders of the Wabash System East NEW ¥OBK. FINAL. NOTICE. The time remains with you whether any sc)ieme can be successful wilhout a proper recognition of your rights, and unless you surrender j'our position you will certainly seonre fair and eciultable terms. To tills end yonr Committee have determined to call for tlie deposit of yonr lionds. "In unitv there is strenRtli," and It Is evident that to ensure success your tmnds must be con. centrated Into one blook under oue control. Tlie Central Trust Company if 111 be prepared Committee. BANKERS, No. as Railway AKD LAND ORANT nORTCAGE BONDS: commend COX, 65 Broadivay, Neinr York. Lake Erie EEADJUSTMENT AGREEMENT. Pacific TIins far no Bchcnio of reorganization liaB been presented -wblcli your committee can re- SMALL BLOCK FOB SALE & Houston & Texas Central Company's Ooverlnc Tunnel and Termlnala of Erie Ballivay at Jerser CUy, CAROLiIN f^innntinX. IDfCOME IKTEBEST, APHIL A & XLni. [Vol. Schley, BANKERS AND BROKERS,! 36 BROAD SXKKET, NEW YORK. with Connected Branch Offices T-iwall St N. Y. Ill Sofsd St., Phlla. 1418F St., Wash'n. I. A. BVANS & Co., Boston. K.L.BHEWSTKH*CO..Chl«l»0. HnuBARD* KABMKR,HarU d. Private Wire Connections. Bonds and Miscellaneous &»• iSxchanges. also Grain and Provisions on Chicago Board of Trade. Boy and ooritles sell Stocks, on New York Spencer Trask & Co., BANKERS d: BROKERS, i6 and i8 Broad Street, N. Y, Albany, N.Y. Providence, E.I. Saratoga. Transact a General Banking Buslnem] Direct Private Wires to each office and PHILADELPHIA, [BOSTON, ;V0RCESTER to TOim oniitto* AND HUNT'S MEBCHANTS' MAGAZINE. BEPRESENTINQ THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES. VOL. SATURDAY, AUGUST 43. CONTENTS. THX CHBOMICUE. Mid Oo«8Mim l »l '0B6telT 173 Mi 1741 Bn«Uah Haw*...... .....181 Oommgrclal and Ml8«wll»iiiKmi BallnMdl torJolTuul Hawa 1B3 traaJaaaaiTl lo JoljrSl.. 177 OUaHnc-BoM* Bataraa 1 ^ NO. 14, 1886. 1,103. these Taluea from the New York total in each year, the remaining exchanges are seen to record an increase over last year of 50*7 per cent. IfMk aa<Ma« 1 Am . WMkmnMni 7. July 31 1888. Pff-Onrt I 1888. Maw TaA %]xt Chronicle. TBI CXnfXDCLki. AHD fnuoKOAX. OHaoinoi.B pvbUth»d in <* iir«w r<MSIt «8«ry Bthiriaif wtormina. I RotaNd at Ua PoatOilea, Vav Toft. If .T., aa aaeimdelaaa mall matter. iaas,4»43«7 (aMkiu>Jkar«J (1.144308) (80.1*4.000)' (0f8»...fi»iH) ArOmt. +48-4 •489,117369 -7-7 (93,300,000) (800.100) (88.MO,000> (+14-3) (-00-1) (-14-8) (41.048.000) (+97^) (-«-4) O,S08l7»41 IWO.OOO) (Ok<tM>....taiM.) 1 Tenas of SabMripUoa— Psysble 1> Adraace 1S8B. 00374300) (-HIO-0) +48-1 +19-4 448-8 +11-0 •70380.878 +87-4 8311300 1388386 +6*9 (1343.834) (-47-8) (379,400) (+18-6) " I 6 10 1128 a2 7a. awlMartprteM (ttdadtna poalaae) ^ ' "^tmUmimvmtmilmawmttmU Ml ^_. _ _ .. Bli8«ftpllnB8 am be awWiiiiiid lama pnWlaaara aa«Bot ba raapomdbla 1(0* •r FaatOOae Boaay Ordaia. amixiM outA. KME* «. ru>TD. ! a. WILLIAM T» dc 81 UiwaU atdaad atoppad. Tb« raaomiaaaaaalaaa—dai>7Dr»»a daflallaljr B. »A1f A WIIIUm * PMIaSalphU O0., rakllahara, PHMkarc- NBW Bot 9S8. VOKK. Straat, Poar OrricB TatalM.aactaad Total MMSIa.... CLEARING HOUSE RETURNS, 1885, in next oolamn, ia imperfect, idoaing day of the week in that year witUDasud the obaeqniea of Qeneral Orant, and was obeerved aa a boUdajr at New York, Boaton. Philadelphia, Chicago and other eftiea. As tha flgnrea stand they show the large increaaa the preaaotyear of 41*0 per eent, but of ooorae for the taaaon mentiooed that does not indicate the .oomparative condition of current trade at the two periods. As siiowtng tJia relation tha cnrrent returns bear to those for 1884 aad earlier jreata, wa h«Ta prepared the following iTMi Aii«. 7. ' antiuaa aw York 0«fe«f* laas. i8B8,rmj8i : \m*. lasa |SBT,B8ej88 186,798,478 +S7-0 187386,016 +19-7 +80-9 +»»-* +S4-9 •4B,1«^894 8379.4S0 8,4043aa +83-9 10,888,018 1888. i«i. 8.138,480 MUwaakaa 4.088,888 Oauott 8.779388 8380307 8389310 I.O8O30I +r6 WKAemjaM -4-1 +l»f +161 •H4-9 8SI3O8 71738S 440380 +44-8 (79388398 +44-3 +38-0 -;»8 •80,588,878 +19-9 4»0 7330.788 10,083374 +M'4 +63-S +«« +1 +an +90-1 +41-6 +«W 870,108 887301 4.140380 8.008389 •388,488 930BJ84 1.884391 188.887,083 I61.7S8.7B9 +49« •7>)363,»11 |1734».0!W 114.983,763 888,178 +98-8 781308 +9»« MsveiMor.-. 4309318 8374.181 8304300 LoalBf«la 8,11*387 S,48S,«n 4.338.194 8,007,018 +19-8 +14-9 +84-8 +18-0 f«-4 •15,988.777 7S73« 988.778 779,313 7se3e« -HSO-4 688330 +4-« -7-9 +41-9 +i7-e 061.909 •••>*a I84,»«7,a97 838,080,486 +1»1 •28.903,084 "laaha, . . , MlnaaapoIU Oaavar* TMaiWwtan... St Iioali at. Snaiiib... Kaaaaatr Mampkla OalraMon* Total 8oathara.. BurnuMiMo 1.908.888 1378.149 8304,070 1,486,189 887,907 +a34 +88H +8-4 S,19S341 +«r6 9,4T6.»9e +88-9 8.481310 8.SO9,0Oii 4398.098 +i»a •10,«a0389 OaMda Maw York Mot laslaAad tl03».lSI +8-8 •19,761,475 |a»370,I8S Total an * l;)8B38B 1388,087 Ooioabat 1,196.788 1007,481388 +41-0 •748,878,847 +1-9 HI73eM,!SW' i<lt,(M7,M +*9-i •8iSfi.7ei.9B8 +93-4 " In total*. Our usual fire-day telegraphio returns of exchanges have been received and are given below. The aggregate for all the dtiea records a gain over the preceding five days of over ^,comparison with the corresponding period of 1885 the increase reaches 10-3 per oent. With Now York excluded the excess is 17'1 per cent. 000,000, while in r<MM Daiit BndUnt Au^utt 13. 8 IXy End't Aug. 1888. 1888. Ptr OhU. 1886. Iai7.a38,3ii gate for all tba dtiea reacbee 18-4 per cent and over 1SS3 »«vl7 oaat, while the loaa from 1883 is 31-3 per cent, and from 1881 baraly l-fi per coat. Outaida of New York them la ia all iaataaoaa a rery aatiafaotory increase, which ia to aona aztaat dna to the larger namber of cities now +M 718,888 . 880317.180 U44S034I +ro +8-7 +88-8 +81-S +81-8 »(»-8 +89-0 ijoa^ia 8.4S1.48B IwiUaapolla Haw Tort According to tha abore, tba azoeas orer 1884 in the aggre- auMo/SKwkdftu ^V 180.889388 831<,B0J 10,4081800 wmjMMt ian.ui.8ss •i.oe8.as4.9<» (W7».»O,088 ISSlSIOjai 187306.781 '^nirlnnatl K«p.hangaa for tha weak ended Aagnst 7 exhibit a decided Increaea orer the tiw t loM waak, an liifirnaaa in wliioh only flTO ot tba thirty-oaa dtlaa tnoladad in oar atateoient do not partidpata. Tba greater part at the gain teoorded ia, of eooaa, at New York, and thoagh In aooM meaaare dae to a mora aetiva apecolation at the Stock Bjudianga, it also marks an iaptorament in general hnainaae, Subatantial additions to tha flgnrea o< July 81 liaTe alao Iwea made at Philadelphia, Chicago, St. Louis, New Orleana, Loaisrille, Omaha aad Minneapolis. Through tlie oourtasj of Ur. Burweil, Manager of tba Clearing House at Minnaapolia, wa are this weelc in receipt of, and ahall oontinaa to raoeiTa, tha returns of okariaga for tliat dty. Tba comparisoo with from tha fact that tba 778.919 840.147 •78,8401980 ODoa In two WoreaMar !• aabaoiiben ol the Sprlncaald I •74300 107,196.0)1 7,888,000 11.8e4,788 Portlaad 8*. 874.888 887.418 *ea,98a,798 NawBaraB 1.179318 970,S70 888,183 801,018 830,004 488,878 Bartfotd 8,888,400 1.788,418 «.... Btwtfwi •W380378 1181088301 Zd loatM «i*.ia(v,080 8,979.900 ~ Boatan. miadalpbla.. •610081,637 •423.998317 (l,l:i2310) (1,860378) 6S,0»«,0a6 86,1183<*8 7,050,570 86,860,000 63.840,408 , Baltbaora 40,881363 9,614,«a6 (Jhlaico 48380,000 Bt.LaaU 18,891.073 8.473.731 11308303 •>y«3l9370 •673,743363 Raw Orlaans... Total Balanoa, Oooatrr' 8,037,136 A. PtrOmt +90-3 (-«r4) +3-4 +99-9 +97-7 +15-8 +90-1 +18-8 (473,353,545 +«« (1,038.846) (-HJ-4) +19-1 +91-4 •653,197,319 •Bibnaad, but mainly raaolta tlirough expansion of trade. 40,960,969 00,618,107 Sbara tnuiaaotioaia on the New York Stock Exchange for Total all........ •7«.»»7,4Ba •ea«,87a.«w +ia:3 tha weak oorer a market ralne of 176,711,000, against Ontalda W»w York 8g«ir7a.^a • ll»«,l774./«0 +nn9M|8IB,009 a year ago. Making our usual deduction of double V.aMlm n t&a bult of tba.lut wtekir rotors. 68,407,613 +96-0 4S,.')00,a60 Hi»0 9.778308 +18-9 +11-7 +31-7 +0-7 43,407,000 16,066,000 8,779301 6S,a!kl,484 +90-0 +S8-J (708,148,783 +801 »984.7ua.*aa +>»•« THE CHRONICLK 174 [Vol. ZLin. that in estimating the movement, the fa^ts controlling it TEE FINANCIAL SITUATION. than the trade balance) cannot be (other Money has continued to increase in activity this week. The Bank of England has a low At the Stock Exchange bankers' balances have loaned at £21,430,054 and nothing to lose. extremes being exceptional and the higher rate the result of manipulation the average has probably been about 6 per cent. Increased activity is natural under the present condition^of commercial affairs and we have indicated its approach from week to week. and 40 per 1 cent, the ; But the little good part to flurry of the last few days is our due in banks, lost sight of stock of bullion, only It would, therefore shipments to America by an advance in the Bank resist minimum. To throw the burden where there of the drain upon France a very large stock, might be easy under is ordinary circumstances, but France shows a decided indis- We position to part with the treasure. this week that there notice, a small receipt by is the however, Bank of England from France. That is to say, a cable dispatch to by the Bank of England, which is The Clearing House banks reportei at £115,000, was made up by a receipt from institutions in the city. as a whole, would be considered as still fairly well foreign sources (in part from France) of £43,000 and supplied with funds, if they held all the deposits and did by a shipment, principally to South America, of but every year more of that is £146,000, and of £12,000 shipped to the interior of all the loaning business done outside of them, and they must keep in condition Q-reat Britain. not only to respond to the ordinary calls any bank has to The silver bullion market has recorded quite a reaction carrying the position of reserves of all peculiar they do the as the loaning us states that the loss ; expect at this season of the year, but also the calls which this week. To be sure, even with the advance of \d.., the come upon the trust companies as well. This week it is price now 42^d. per ounce, is so near the lowest as to claimed that the latter institutions were required to meet make the change seem almost unimportant. And yet it their deposits, and that this, with the ordinary may be of greater significance than at first sight appears. made the changing of loans quite active, and We were led to notice the change more closely, because of turned the demand for the time being on the part of a late article in the Louisville Courier- Journal saying a good Btock borrowers very largely upon the Stock Exchange, and many hard words about the Chronicle, and charging that manipulation easily did the rest. It was but a momentary it and those who agree with it, " having first secured a spurt on Wednesday when 40 per cent was reached, and " decline of 28 per cent in silver bullion, are now seeking a portion of operations, the rate almost immediately thereafter fell to 6 per cent, closing at 7 per cent. " to We complete its expulsion from circulation by howling about the use of depreciated silver coin as money. '' They have noticed in previous weeks the concentration This of the surplus reserve in a very few of the banks. was even more marked according to the last return, when of the $8,647,250 surplus reported by all, three had $8,425,500 " began by depreciating 4nd two back over the few months and examine into the late decline. Strangely enough we found that it has been steady and all of the three $7,954,100. alarming, and we do ordinary circumstances But tion. a This condition not refer to it fact, in it is not at as such, for under would attract very little atten. connection with what has been it (the are the Courier- italics not ours), and now the only argument exployed by them against it as a money medium is that Being conscious of no such purpose, it is depreciated." " Journal's, ' ' action or desire, this charge led us to look past met in Decemwas 47^d. per ounce. The previous ness activity and of crop demand for funds, naturally in- December (1884) it was about 49i^d., so it only declined duces moneyed institutions to pursue a very conservative 2d. during the whole of the previous twelve months ; Then, too, the mercantile demand for accommo- whereas during the seven months Congress has been ia course. dation is just now becoming more urgent and the banks session it dropped full 5^d.; and furthermore it has must be as liberal as possible with their regular customers, reacted ^d. since that body adjourned. Thinking our it is said above, which in the present condition of reviving busi- nearly uninterrupted ever since Congress when the ber, price even to compelling transient applicants to seek money readers may be as interested in this inquiry as we were,, elsewhere. In the meantime the sale of commercial paper we have prepared the following daily statement of th e has been practically suspended and none is quoted below price of silver at London from Dec. 1, 1885, to the 6 per cent except very choice and short bills receivable For new supplies of money the Treasury and imports of gold must be relied upon. A call for 10 millions of bonds was issued Thursday, payable on the 15th of September. As the revenue is increasing, this amount is not likely to reduce the Government surplus very materially, and we are inclined to think that quite another likely call will be issued about the first of from Europe, of course that is a possible contingency, and it looks now as if through the fall months there might be a considerable movement. In fact to our receiving gold our stringency in bankers' bills drawn money induced such a against securities pressure of that foreign exchange dropped this week so low as to bring the rate on Thursday down to the point at which gold could be imported. We learn that one million francs were started from Paris, and it is also reported as we write that four million dollars have been engaged for shipment at London, though we are unable to confirm the latter statement and doubt it. Besides, as exchange recovered a half cent yesterday, the profit in the exists. It SUter is movement of gold no longer to be said with regard to imports of gold 1835. 1886. at London. 1.... 2.... 3.... 4.... 5.... 8.... 7... Dec. 47>« Jan.. Feb. H... 46'g 4615,6 46% 8 .. 46 >3 47^ 47»« 47 >« 46i3ie 46 19 47 <« 46 »8 466,6 .. S .. 46 >« 46»i« 8 .. 47 "a 4(1 ^s 14... 15... 16... 17... 18... 19... 20... 21 ... 461,8 46i>8 4/»16 461,6 4U»16 47^8 .. 8 .. 4»il3 461,6 461a 47!>B 47.f,e 46>a 46»i6 46=8 .|46'3 171 16 46»i6 8 .. 46=8 46<8 47 4618 46"ie 4611,6 <6l8 8 .. 46% 4U78 47 4615,6 46 13 47 46% 46<>8 .. 8 47 4618 46"Si6 .. 8 2i ... 4(ii8 4l>''3 46!>8 23... 24... 25... 4618 4oi8 4618 .. 8 .. 4618 4618 4Hl8 46iiie 4811,6 4611,6 4611,6 461 ijg 8.... 9..., September. As present time. are 5 per cent. •which 10... 11... 12... 13.-.. . •S: •26 ... ... 28 ... 29 ... 27 8 46i6ie46ia l46i8 47 SCSI 4618 ... Here -.8 4618 4616181.. 8 .. it will 1 . Ueh. April 46% 46% Ifl'ie be noticed that the the 8th of December. Hay. IJune. July. Aug. 4458 ..8 .. 4611,8 1811,6 H... 45i« ..H... 461116 461! 16 8 ..4518 !44ia 4611,6 46=8 4515,6114% !441» 42 46% .. 8 .. 4518 J4434 I. .8., 42 46% 46^8 4519 |44% 441a 42 4611,6 46S8 15% l..S..44>s 43 .. 8 .. 46i>8 45 la 11413,6 441,6 43 441 4518 Ills ..8.. 4611,6 46 Ss 8 .. 1418 4* '16 42 46% 4a»8 46% 461a 4513,fU4l8 4433 42% 46% .. S.. 4513,6 4418 .. 8 .. 42 19 46% 461a 1508 !441a 4438 42 >s 40% 461,6 45% ..8 ., 44 421a ..H.. 131 3,f ..8 46=16 15 4313:6 4618 4 lis 4«»,8 45 1313,8 4618 S . 441a 463,6 46111 4113 4313,6 463,6 44% 44=8 .. 8 .. 4613J6 .. S .. 4434 4613,6 1614 44% 44!>8 1313,6 ..8 .. 4313,6 46% 46 14 45 16 14 455,6 4458 4313,6 .. 8 . 46% 46I4 4538 4108 4318 461118 ..H.. 449,6 4J1»16 4538 44iii^,43% 4611,6 46 >4 44% ..8. 4611,6 ..8 . 4538 46;i,« .H.. 4533 443^ 431a 46% 46 H 451a .. 8 .. 14314 4618 4533 44% '43% ..8 16% 461,6 4538 4411,6 43% .. 8 45 14 first The coincidence 4411,641!% '42% drop occurred on is perhaps worth Avaaer THE CHRONICLE. 14, 1888.] meationicg th*t Decamber 7ih was the day when Conmet At that time also the papers became pretty greaa full of the plans and purposes and tbreatenings of the opposi tion to the policy of the Administration resp>ecting silver, which the public had accepted as such a benefaction. On December 8tb, too, Mr. Beck introduced a bill to anthorize the payment of customs duties in legal tenders. That of itself was of no importance, but mmors of the coming attack on President Cleveland and Secretary Manning by the same Senator were already current and gave undue prominence to the bill he introduced at that time. This disturbed feeling increased until Dacember 1 8, when Mr. Beck pnaented to the Senate his celebrated resolutions (speedily ia every one's month all over the country) to the whereas the Revised Statutes required certain efiect that anywhere many 175 It else. is quite sport for the Stock Exchange as a meredo not like modern speculation in gambling centre. We any degree or form, and take part in Wall common and good sections to speak of it is known well that we never But speculation there or elsewhere. it is noti though so large a part of the transactions are speculative that feature is only an inseparable incident to its existence, the evidence of an error so very widely^) street, ; prevailing (not only in South as well, for the all East, but making up the annual crop of ventures) that the road to ruin Wall street is West and losses is Wall in street a short road to wealth. preeminently the centre of the floating No the country. capital of the in contribute heavily in sections general revival in business ever occurred that could not first be detected there. That by the way which ought to be engraven on the "the Committee on Finance be inttraoted to inquire mind of every legislator in the country, especially those < whether the laws above stated now are or have here- misguided ones who think they can force prosperity by at" tofore be«n obeyed, and if they have not to report by tacking capital or by making currency laws which endangeVr things to be done with the coin revenne, " Reiolved, That is " its seetirity. Capital waited for the security last June July which Mr. bill or otherwise such measures as will secure " enforcement." make their This was as bitter and spiteful as raau a fact administration Cleveland's gave and it, and showed clearly enough the nature of before it again became venturesome and showed signs Wall street of returning life. tiie fight which be and those acting with him had chosen in How quickly Bat on the 21st of December Mr. Beck the country responded. to inaognrate. Since January there has coold it, added to theM reaolatioaa which had and ministration currency ttver pajnMSit of waa a speech his opposing the them, port of every that very acts saved obligation took all the bnsiiw favoring metal. that in in sup- the of country the substantially of the country and caused been a quieter time every where, but now Wall Ad- street again affords unmistakable evidence of returning from a confidence. remarkable speech hopefulness to loae its the It out slight reactions, has been money markets it of the country is is trade centres, that what all becoming we have less cautious not only at this centre, we call m«ney is going employment. We are apt to think, sometimes cash is only needed for moving wheat and into that time silver, with in the and more enterprising, for buoyant but at features. From So, too, decided indications that capital more active and with nearly every attack in the cotton. And that is the case substantially in dull p>eriod8. House on the Administration's financial methods it We have raised and moved our crops for the last two baa taken another plnngv. have not space to years^ and pretty good ones too, almost without knowing tnoe each step ia the decline, but it may be in- it, so far as rates of interest were concerned. Now it is stroctive to note a few of them. On February 1 different. Banking capital is not only moving crops, but Mr. Bland offered in the house a series of resolutions moving all our industries at an accelerated speed, and the osveriag pretty much the same ground as Mr. Back's, upward turn in the rates of interest becomes therefore <mij goiog farther in its arraignment of the Administra- an evidence of business promise. The same truth is. tMm's Treasury policy. Those were the resolutions in disclosed also in railroad earnings. It is not crops alona, which Mr. Coe's remarks at the previous Bankers' Con- the roads are carrying but it is the fruits of industries vention were cited and criticised. It will be noted as a that have received a new impulse in all parts of the, matter of fact that silver dropped materially February 2 country which are swelling traffic returns. Look at our steadily dropping, We ; aad on subsequent days. On April 8 came up the free tablea in subsequent columns where we review the railroad. coinage resolutions, and Mr. Bland made his great effort on work"f6r July. Of course, as we there set out, the better that subject on that day. It is hardly necessary to call at. results are by no means wholly due to the better condition tention to the conrse of silver bullion quotations immediately thersafter. rssolution to usher in the closing disaster to the white was the 13th day of July, we believe, when he made his famous speech upon it, and en the following day it passed the House of Repreeentativee. Subsequent histery is too recent to need repetition. Silver on the 1 2th of July was 44|d, It did not after that stop tumbling until the Senate had passed the resolution in its modified and comparatively harmless form. Let us now add here the one metal. of commercial affairs But it remained for Mr. Morrison and his surplus and so It better rates contribute their part, ; do, too, the increased products of the spindle, of The the furnace and of the mine. are just again. And millions more than But work getting to there are in truth is, our people producing and consuming now 61 millions of them, 11^ 1880. be said by some, perhaps, that this is a little too glowing. Very likely it may seem so. What abooti the com crop ? What about silver at 42^d. per ounce ? As to the corn crop, the production h beyond a doubt less it will than last year's. One need not forget, though, that the and is now wheat crop is admitted to be at least 435 million bushels, 42|d. per ounce. We only bring these dates and events, and as the reported damage to spring wheat is acknowllegether because the coincidence is so very curious and in- edged now everywhere to have been greatly exaggerated, teceating. We have our own theory about them, but the public will bo inclined to take about the same view The Agricul it is not Beceaary to disturb the Courier- Journal by of com until the harvest time is reached. otbar fact, already stated, that almost immediately after Ooogresa adjourned silver reacted stating it. id., then 3d., tural Department has issued its statement this week, The commercial situation seems to be improving, and which we should judge is as correct as such a statement We give the tikere is now a very good promise that the fall and winter can be, and below are iu corn averages. trade will be quite satisfactory. Perhaps the business first of August figures for the previous nine years for poise of the country can be felt in Wall street better than comparison. THE CHRONICLE. 176 CONDITIOH OP CORN ON AUGUST 188S. ISM. 1883. 1888. 1881. Statu. EAiuas... In<Uuia 89 90 ..... Nebraska Ohio HloblKan Tennessee 94 106 81 98 99 91 00 91 99 92 101 96 90 87 Kenta«ky FenDsylvaala.. New York 70 91 8S 83 97 95 84 89 101 96 100 W 86 98 103 108 94 101 lowa Kluoorl 100 78 «6 77 78 110 106 90 85 68 S3 88 02 HO 104 104 94 106 95 100 86 108 102 "to 80 79 74 79 92 77 91 64 115 114 83 113 £9 96 96 98 '.ii '.>') we receive 103 103 107 them we must But we may in full. the Currency, was both elaborate and useful, and that Mr. George S. Coe discussed the currency situation and able way. clear As compromising may difficulties demands of classification for freight. way of and removing disagreements, we the cite the action of yielding the in his usual the spirit of the times in the illustrating in 96 At. Unltea States. till say that the paper read by Mr. Trenholm, Comptroller of II') 91 102 100 M XLUI. papers presented at the Bankers' Convention, 1. reserve remarks Ulisols [Vol. trunk line pool this week in the dry goods people for a lower Similar demands had been made The Department sUtes that the above indicates a crop before, when the pool was not so strong nor so firmly when therefore the probability of not much exceeding an average of 22 bushels per acre. welded together, and demand acreage this year was reported at 75,689,000 acres, granting the request seemed stronger, and yet the As the promise on August 1st seems to have been for a crop then was refused. Now, when the pool is on a very the Com. Com, Aereagt. 68,085,450 62,317,842 64,882,025 1,547,901,790 1 717,434,543 ... ... 18TO 1880 1881 ias» 65,669,518 ... ... We Tears. 1883 1884 188S BusJwIS. Ttan, 1 194,916,000 1,617,025,100 .... .... .... and that bushels, "not much in excess" of 1,665 million compares with former years as follows. basis, independent Com, Corn, Acreaoe. 68,301.889 69,883,780 78,130,150 Bualuls. 1,551,008,895 1,795,538,438 1,936,000,000 270 million bushels com thus find the loss to be and in position apparently to pursue an and arbitrary course, the efforts of the dry goods people have met with a considerable amount It shows that There is a lesson in this. of success. the managers of the pool are neither obstinate nor unreasonable, and further that they are not disposed to take undue advantage of the great powers possessed by stable We claim, of course, that in acceding to the but even with that loss the condi- them. pared with a year ago tion at the date mentioned seems to have afforded a prom- demands of the dry goods men, the roads have furthered ise of a production in excess of any recent year except the their own best interests, for all that was asked was With regard to silver and the influence it is to that rates should be made that would permit our own last two. ; exert on our commercial, affairs, no one can determine^ As Congress has adjourned, there is certainly no immediate cause for anxiety, and probably the country is safe so of these conditions though, crops or silver, afford, country, which proper request. was not only a reasonable but a very Had the pool failed to yield, the behests must have driven trade away, and thus the trunk lines must in the end have suffered along with Neither our merchants. The pool, therefore, pursued a very wise so far as and sensible course, and one as already said to promote long as the present Administration lasts; but the fear of the future will certainly prevent our reaching that full tide of prosperity which every other circumstance favors. shippers to compete with those from other sections of the we can see, any cause for qualifying the remacks made above. of competition their own interest. Convention have Our stock market has been somewhat irregular this absorbed a share of attention this week, and this not week that is, while on the whole the undertone has been alone among the banking community but among the strong, there has been no unvarying tendency towards Considering the relations the better prices and very little progress in that direction, the general public as well. business and trade, and the important part higher rates for money discouraging such a movement. banks hold to The proceedings of the Bankers' — they play in promoting industrial activity, is it not sur- prising that the public should be anxious to hear the views of the bankers in their representative capacity upon the questions of the day. Not unnaturally, the silver ques Mr. tion occupied a prominent part in the discussions. The contest between the there has been Horton read an interesting paper on some of the phases The of that He subject. also offered certain resolutions which we think the Executive Council (to whom they had been referred) did well in not embodying in their own results, contenting themselves instead with a plain appeal to boards of trade, and mercantile and political associations of every kind, to labor against the continued coinage If the newspaper report of silver dollars. Horton favored another attempt on the part is correct Mr. of the United rival committees of the Texas & tended to give great strength and activity to the but since the announcesecurities of that company, ment of the amalgamation of the two committees Pacific trunk-line some decline in price and properties, however, less activity. have shown much though rather weak at times yesterday, and the Erie seconds have gone to the highest point reached in the present movement. The intelligence that the Pennsylvania had refused any longer to carry Baltimore & Ohio freight from New York had no perceptible effect upon prices, nor did the announcement that the Baltimore & Ohio would next week begin to carry freight from its own stations in Philadelphia, and had also made an arrange, strength, ment on passengers and freight from New York with the The Jersey Central and the Philadelphia & Reading. dissent to such a course. In 1878 and again in 1881 the coal trade has been getting into better shape, and a further United States was active in this way, without accgmplish- advance in prices has been made, but the coal shares have ing any practical results. A similar attempt now, we are not been particularly strong nevertheless. Low-priced sure, would meet with the same lack of practical bene- shares, very naturally under the higher rates for money, fits. Besides, there is no need for our taking the posi. have not been so much of a feature in the speculation as States to take the recognition for silver. initiative We in securing international are compelled to express strong We can force in previous weeks. Bonds also are less active. Such susThe following statement, made up from returns colpension could in no way harm us, while it would make the lected by us, shows the week's receipts and shipments of burden for Europe to bear so heavy that there would be gold and currency by the New York banks. no alternative to a prompt consideration of the question Shipped hti Het Interior Received lyy Wttit endint Auo. 13, 1888, by European statesmen. When the proper time comes Movement, S. T. Bankt. N. T. Bank: when Europe has been made to see and feel the expense Coiranor.. LO89..U.S23.00a •657,0OC II .880.000 tion action a of by suppliant simply of attempting gold for favors. suspending monometallism coinage. —then aid freely to any practicable scheme. we As to will give our the various 100,000 OoM Total KOld and lesal tenders.. 1667,000 11,980,000 1,088.. 100,008 Loss.. {1,423,000 ACOCST THE CHRONICLK 18W.J 14, bank holdmovement to and from the interior. In addition to that movement the banks have loot $1,300,000 through the operations of the Sab Adding that item to the above, we have the Treasurj. actual changes in the The above shows the ings of gold and correncj caused by MOtaot. Inertattcir DMTttue. 1886. ivnmrj March (63 roads)..., But it is 44,saa I3.iS63,04S 48J00 I8.0S2.3O4 45,974 47.710 40.060 4S.7re 47,13S I7.9S6.07B 14,808,336 Dee. 1.019,938 14,852,191 Ia<. 1,930,948 17,747,798 Inc. 207347 17,480,(«1 17,070,179 17,30«.S48 Zne. 10,417,589 Inc. 483M April (S7 roads) Mar (63 roads) Jane (60 roads) July (07 roads) is jross. 4S,«00 49.380 47,000 (61 roads). February (00 roads) 188S. Kdea. which should indicate the total loss to the New York Clearing- House banks of gold and currency for the week covered by the bank statement to be issued to-d ay. It is always to be remembered, however, that the statement Baming$. Period. this following, bank 177 47,305 47,400 48,186 1880. iciae. $ 00,001.080 90.147,730 • 175.539 659,047 17.9e<,ft40 Inc. 9,068,900 17,tll2.480 inc. 9.2SS.9G0 not the mere extent of increase reported, that What is of equal if not of greater signithe general character of the gains. Out of noteworthy. is a for the figures below should whereas the reflect ficance, is the actual change in the condition of the banks sixty-eight roads in our table, there are only 10 that fall Every section of the country •a between Friday of last week and Friday of this behind a year ago. apparently is participating in the improvement the West, week. statement of averages week, — «.3«^ WMk mUmt Aw». Vt, Vmt, ^ • O>it03mlm. at ii.«ao.«oo Um. 1091.000 — J inmaiiiiin ToUi COM aad lam The Bank of England reports a week. the for t«.Miaos NjOT.oao t««dOTm. . . This ckMfttn BamkBctMim. loos of ao repreaents, the cape of such prominent roads as the Chicago •l,4«.oao Ums- •.wouaM ,,,, , the Northwest, the South, the Southwest, the East, the Middle States, &c. In illustration we need mention only western and the Milwaukee i,vm,ooc bullion stated St. Paul, & North- & the Denver Rio Grande, the 'Northern Pacific, the Chicago & Alton and the Illinois Central, the Wabash, the Grand Trunk of tjom. •S.wrj.ouo £1 15,000 & above, Canada and the Ohio & ^lississippi and the Chicago & Atlantic, the Hocking Valley, the Long Island and the £103,000 net sent abroad and £12,000 sent to the interior. of France gained 3,950,000 franco gold and New York The Bank & City New York & Northern, the Buffalo & San Francisco, the Gulf and the Bank of Germany Colorado k Santa Fe, the Louisville k Nashville, and the since the last report shows an increase of 130,000 marks. The following indicates the amount of bullion in the Norfolk k Western, each representing some distinct section or class of traffic, and all showing greater or smaller principal European banks this week and at the 1,825,000 lost Philadelphia, the St. Louis franca silver, corres. ponding date When gains. last year. such typical roads as these present favorthe improvement in the able statements, the extent of Aug. 13, 1980. AU0. becomes apparent, and this situation 13. 1885. marked when a ttrtmaau ttttmiimuf SNai Uilo week > ' .... Assistant 1SJ70J00 Foremost among the influences to account for this is undoubtedly the better situation of affairs among change, Treasurer $267,542 through the Sab-Treasfor domeotio raooirod tiio balKon, following •otUoment and the portant from the of Custom House. Dmtim. •oM. " 7. - 0. " 10. 11. 19. •• - TMlri. •317.473 71 380,330 •• •40.710 0«a.0«4 30 79«,9M 19 S00.004 99 M mrifitn must industrial 76 •3.000 3,000 4,000 9,000 9,800 9,000 effects 390,000 80«.000 •80.000 007.000 351.000 •5.000 30.000 91.000 55,000 37.000 35,000 •66.000 sa.ooo S3.0OO 44,000 61.000 24.000 9t5JMH> 93.705.000 •1:23.000 •276000 K:42.0UI> felt. paymenU we re |20,50() in silver ooin, clliefly standard dollars. be also " the as WBprtljflnsive, JULY AND FROM TO JULY 31. an im- revival influences that that gains in it is of course impossible earnings are so general and would seem not unlikely that there is But there have been special influences having their origin in the it aamtiaate connection between the two. also movement in of crope, &c., to affect Tbus movement the benefits liV the to widen more and more as they make their To what extent the revival of business haa of all individual roads or par- the roads in any way concerned winter wheat, have derived large from the increase in that movement, which has been almost beyond precedent. RAILROAD BARSryOS are West Shore course such devious ways, in operated in the present instance, to say, but the of given These activity. many and ticular groups. Incicide<i in the • bove followed though year, last place presence v.a. liJltaU$. Aac. 0. of operate in so their JIM. generally that has railroads ury during the week some only larger than July. »<.8»a,073 ei.400,497 95.044.att7 y0.i»7.70i Office paid perhaps more is the case of that in but larger than ever before in the month of laot year, 95.181,903 40,419.080 48.73S37S |0«4M.3S3 «1.3MJS9| 44.a05.742 OoTlOslsTe tmioQM w—fc The Assay M.«3«.79a 40^9406 90.M9,«70 ., noticed is roods the earnings this year are not * ot Rnflaiwl ........ 3l.t90.0»4 it The yield of the winter wheat has been not only very much better than JANUARY 1 a year ago, but the cereal has been early and free in comThe returns of earnings grow better with each succeed- ing to market so much so that notwithstanding a falling ing month. The gain in Jane was large, amounting to off in the volume of the spring wheat receipts, the total $2,038,990, including the increase on the New York Cen- receipts of both kinds of wheat in the five weeks ended tral, and $1,432,071 without the Central increase, but for July 31 reached nearly 12^ million bushels, against less July the gain reaches $2,233,230 with the Central (not than 3 1-5 millions in the corresponding period In 1885. increase y«t reported) entirely left oat. a heavy Moreover, this gain is the There was at the same time variety of — heaviest recorded October, 1883. by ua In in any monthly statement since in other word*, not for three years have we had a return to comptre with the present and in the extent of the improvement IIow than shown. very than from back the receipts movement was of flour. rather As irregular, regards and corn, some the roads more of that cereal had other roads and and other much more favorable the July statement is districts had less. The same is true also of oats. In the simitar statements early in the year, can be seen .South, the roads have nearly all had a larger cotton movethe following summary of the monthly aggregates ment, though as July closes the crop season Chat moves to January. ment does not count for a greal deal in that month. Ratesome a districts year ago, THE CHRONICLE. 178 of course have been distinctly better nearly all over the country, though more particularly on the great east-and- west trunk on In the Northwest, rates were restored lines. To show the character of the previous years, we give the following the 20th of the month. July return in of the recapitulation July aggregates since 1879, from on the roads reporting to us the exhibit was unfavorable only during 1884 and 1885, and which it will be seen that 'not very largely then. Grand Trunk instance, the & the Alton sissippi, XLin [Vol. Ohio of Canada, the & Mis- Wash- Terre Haute, the Cincinnati & Baltimore, the Chicago & Atlantic, all of which have handsome increases. But perhaps the roads in the Middle Western section, say those lying in the States of ington and Illinois, give the best account of themThese traverse the territory of the Central Traffic Association, where rates a year ago were utterly demoralized, and this year have been well maintained. This is also Ohio, Indiana selves. the section of the heaviest production of winter wheat. Eaminga. MUeaae, Ptriod. The roads Ytar Ytar Tear Tear aiven. Precedtng. Given. PrecedUio. MtUt. mta. t SS.IU 81,434 42,581 4U,3U3 89,108 47,899 47,135 t 16,749,536 17,951,311 83,849,112 21.39;,368 18,491.251 Inc. 4.25-,2'<2 15.354,850 Inc. 2,5«9.101 21,657 927 Inc. 1,991,:85 13,0M,577 13,052,727 IM. 1,850 17.793,618 17,859,371 Dec. 65,753 20,147.730 17.912.180 Tne. 2.235,250 July, 1880 (i^ roads) Jaljr, 1881 (47 roads) July, 1888 (61 roads) July, 1883 k86 roads) Jidy, 1881 (40 roads) July, 1885 (66 roads) July, 1888 (67 roads) «8,043 54.041 81.613 47,097 48.186 Decrease. — was so and small, 2:),2i4,881 Inc. 1,143,437 & & Louis give our usual detailed statement of earn- ings and mileage, and this last year, on roads all reporting. OrcsM Wame of Socul. 18S6. N.Y.& Phil.. Bnff. Roch. APlttab.. No.. BnrI.Ced.Kai>. Cairo Vine. &Ctiio... eauadlan Facltlo Buffalo A Central Iowa A Alton Cbicaao & Allautlo .. Chic. A EastiTuIU.... Cbic. Milw.ifeSt.Pau!. Oliica^o Chicago & Northwest. Chic. 8t. P.Minn. &0. Chic. & West Mich.... ein. Ina. St. L. &Ch.. Cto.N.O. ATex.Pao.. Alabama Gt.South.. N.0.& North East.. Vioksl).* Meridian. Vioksb. 8h. & Pao.. Cln. Wash. & Bait.... Cleve. Aliron & Col... Col. & Cin. Midland.. Tol.. Col. Hock. v. l»env. A Rio Grande. & Denv.&RioGr. West. Des Moines & Ft. D.. Detroit Lang'g & No. Evansv. & T. Haute.. Flint & Pere Mara tSrand Trniik of Can. Gulf Col. & Santa Fe. fil.Cen. (111. Div).... . Do •Kan. & & Mem . Marq. HouRh. & On.. {Mexican Central .... Milw. L. 8h. & West.. Milwaukee & North. M. Y. City ifcNorib'n. dN.y. Ont. & West'n.. Norfolk <& Western. . Horthern Paoillc Ohio & Mia.sis.tippl ... Ohio Southern Peoria Dec.AEvansv. Bloh. & DanviUe Va. Mid. Div So. Car. Div Col. i& Greenv. Div. West. No. Car. Div. Joseph & Gd. Isl.. A.&T.H.in.Une do foranolies). St. L. Do St. St. 8t. LouinASan Fran.. Fa :0* Duluth.... Pa ul Minn. & Man Texas ^ >it. Lonin & Tol, Ann A. N.Mich. Wab.tSi. i>ouis& Pac. Wisconsin Central . . Total (67 roads) .. OlegonR'way &Nav. Grand total 24,0610i!,6l3 83,825 178.591 1,329,887 191.933 554,049 210,318 106,909 224,381 38,124 907,638 85,079 668,393 89,911 114,055 1,893,976 2,036,803 472,523 113,853 177,087 222,929 70.092 33,542 29,574 25,195 120,104 44,478 17,727 187,518 551,663 86,205 29,324 93,592 iTierease or Decrease. +31,482 + 7,40M —14,616 +30,749 + 82,36 + 13,973 + 46,411 +39,897 + 23,818 + 90.897 + 142.021 + 18,177 + 2,40(i +34,113 +31,817 + 12,572 + 2,59p + 1,553 + 5,6(5 +30,71(> + 2,422 + 12,484 +9,565 + 61,242 —80f -5,256 +9,021 + 17,182 151,702 1,110,354 139,430 +219,533 +52,503 490,985 232,022 134,110 167,66t> 28,73:39,080 110,731 111,845 67,410 64,861 391,661 373,080 71,631 54,292 1,241,995 1,057,332 139,543 120,993 277,600 270,673 238,716 116.272 51,965 46,809 50,176 41,426 144,711 136,074 237,256 187,397 1,120,865 l.OOl'.Oll 317,156 281,799 34,906 25,054 71,992 53,799 271,400 272,277 125.784 130,570 46,700 45,982 27,700 31.682 42,363 38,833 77,991 61.984 103,064 87,437 62.859 62,817 407,897 315,921 133,879 146,234 670,06> 550,3^7 134,361 87.593 20.889 19,9.W 1,057,352 837,902 116,160 118,507 + 26,892 + 63,061 + 18,229 —9,510 + 50..574 + 10,341 —1,114 + 2,.")49 + 18,531 + 17,339 +184,663 + 18,550 +6,927 + 122,444 +5,156 +8.750 + 8,837 + 19,859 + 120.851 1885 1886. 990 265 663 294 990 265 3,527 3,064 511 849 268 251 490 849 268 251 4,932 3,948 1,339 413 4,815 3,843 1,318 663 294 342 336 295 196 143 170 281 141 71 324 1,317 368 lit 261 146 361 2,91!^ 655 953 711 40532 15' 389 2S2 354 413 342 336 295 196 142 170 281 144 71 324 1,317 368 143 261 146 361 2,918 536 953 711 402 532 152 389 282 354 2.53 & 534 220 since Jan. 8ince Jan. -877 St. -4,786 353 +718 36:; —3,982 +3,535 294 285 252 195 138 871 225 25-1 2,140 Since Jan. Since Jan. 93,626 65,598 420,S8a 591,227 4,527,843 18,837 10,511 127.625 70,017 2,923,133 472.461 4.197,551 2,763,719 4^5,8261 157,3081 4,227.461 2,134,595 13.972 8.7s9 1,518.523 827,217 86.12' 8,021,7.37 67,298 2,250,154 57,943 43,860 1,610,916 1,502,708 22,231 14.769 237,511 113.442 81,620 989,742' 1,004,1721 8,425 10,576 39.H)2 84,156 188,7'25 '86 1, '85 1. 122,653 78,374 434,509 702,375 7i>,7aS 411,803 4,604,148 3,333,150 40,80o! 1,723,7.52 11,596 9,706 136,326 136,477 1,300 4.877 198,955 140,i:« 966.797 908,453 44,U01 S40,59oi 313,0951 17,404 V4.919 19.375 17,000 1,744,853 1,071,2111 6,'204,n2i 5,007,823 525,650 1,500,845 10.797,167 15,022,210 070,739' 655,06j; 3,761,430. 3,778,C2i, 476,353 790,560 9,236 28.855 1, '86 10,855 2,886 38,721 18.368 4,500 90,601 0?,9J8 .309,308 121,441. 1,773 125.2ft<: 550,393 1.900 876.019 243,276 34.V12 16,505 e20,96S 524,367 146,993' 79,700, 727,0131 51 110.403 202,500 276,840 605,410 3,770.600 6,201,890 867,380 755.5701 6,123,573 5,876,955' 1,044,051 1,087,051 5,246,306 3,799,452 1, '86. Since Jan. 1, '86 Total of all— 5 wk8..J"l», 18K6 5 wks.,July, 1883 6 wks.,Juiy. 1881 Since Jan. Since Jan. since Jan. 1, '86. 1. '85. 1, '84. '36,iM4 11)2,107 55,700' £5.200 78.515 1,039,751 28,825 600 88,885 6,630 83,1891 469,'2:jUi 10,750 17,369 174,600 233.600 17.700 4,200 s-<i,80o: 8,700 28,661 83,358, 211,183 I'.O.SIB 4,951,482! S2,331| 121,904 9,012,038! 4.731,990 li:l,ii91 229,62'i 6,526,005' 4,44,-),2.<.-> 9.33,594 4,8011,3241 27,534,aii5| 53,464,590,32,47H.0J0, 7,70J.339| 4.830,4^21 30,5;i4,575( 81,484,123 3'i,'238,99»' 6.S41,815: 1,390,613 4761469 21,07«,0il3l 55,243,156.33,598,919, 5,3iS,012! 1,693,887 826.76ll 18,425,770 5SH984I 9,154,969 6,115,3t-5i S71,Hl9l 6,848,287 The part played by the heavier -wheat movement is here clearly brought out. At St. Louis the receipts of the cereal this year were 4.J million bushels, while in 1885 they had been only about a million bushels at Toledo ; we have less in each year. receipts of nearly three million bushels than half a million bushels, and about only against At Milwaukee make are, for (bus*.) Duluth— 413 There 566,210 714.005 3,571,330 6,U56,1U« 5 wks.. July. 1886 5 wli8.,July, 18H5 Since Jan. 1. '86 2,140 418 1, *88. 1, '85. Peoria— 735 100 +219,450 —2,341 (bu<li.) 7.762,988 2,623,651 6,645.286 2.9S.s,409 32,0ir,8S8 19,050,766 85,749,014 20,516,134 380,983 16^,105 2,100,796 917,241 31.i,B3tf 5 wks., July, 1880 5 wks., July. 1885 1,475 735 100 Barley, Louis— Since Jan. Since Jan. 195 138 815 225 1,475 (bush.) 1,517,(96 1,276,035 4,114,977 9,445,199 30S.687 „ 774 353 363 294 274 252 + 19,677 + 46,768 + 6,899 OaU, (biMh.) (bush.) Wluat, 5 wks.. July. 1885 Since Jan. '., '86. Since Jan. 1, '80. Clevelafld— 5 wks., July. 1886 wks.. July. 1885 128 254 774 AKD ORAnJ FOR FFVE WEEKS ENDED JULY 31 AMD FmCE JANUASr 1. 1,920.710 3,014,866 5wk8.,Jnly, 1886 5 wk».. July, 1885 Since Jan. I. '86. Since Jan. 1, '83. Toledo— 5 wks., July. 1836 5wk8.,July, 1885 Since Jan. 1, '86. Blnco Jan. 1, *85. Detroit— 5wks.,Julr, 1886 616 excellent showing. the roads I 5wk».,.)uly, 1885 20.572,530 18,318,356 +2,254,174 make an all not one that shows of Milwaukee— Swks., July. 1886 1,236 503 54 321 movement 5wk«.,Julir, 1886 5wlls.,July. 1885 Since Jan. 1,'86. Since Jan. 1, '85. off, Separating the roads into groups, the trunk line roads, all is Chicago— 527 220 54 321 503 a Fisures of earniai(s for last year have been adjusted go as to the basis of comparison the same as this year. of course, Columbus & what important among believe our table there Flour, 20,147,730 17,912,480 +2,235,250 48,186 47,135 421,800 405,876 + 18,921 Includes three weeks only of July t For four weeks ended July 31. ) Mexican correnoy. We Springfield, the the understand to (661s.) 2.643 - 12,555 & and Evansville, of all the other cereals. 160 l'.i8 +91,973 this district in BEOSIFTS OF FLOITE %015 160 1,236 616 + 16,007 Indian- But the effect of the year ago. wheat is seen also in the case of the roads running south and southwest from Chicago such, for instance, as the Illinois Central, the Chicago & Alton, the Wabash, the Chicago & Eastern Illinois, and The following is our the Evansville & Terre Haute. usual statement of the grain movement, showing the receipts at the different ports, not only of wheat but also 2.53 2,015 2,778 + 15,627 + 10.012 to look Chicago, the Indianapolis Bloomington influences these were. increased +65,357 +9.852 + 18,193 We have only roads as the Cincinnati smaller earnings than a Uileatje. 6ti,643 21i',210 Gull LOntc Island Loufsv. Kvans. &St L. Louisville & Nash V. St. 85,401, 2,50,251 (Iowa Div.) Ind, Bloom. & West. Ind. Decatur & Sp... C. Ft. S. C. Sp. $ 241,800 114.312 209,735 68,873 990,000 99,052 714.804 129,808 137,873 2,036,000 2,127,700 490,700 116,259 212.200 154.776 82,664 36,140 31,127 30,860 150.820 46.900 30.211 197,08b 612,905 1885. 124,600 (So. Div.). Do •Kan Baminos and second by of wheat, which latter last year year so large. Midland, Cincinnati from OROS8 BABNINOS AND KILEAOE IS JCLT. rates, Western, the Indianapolis Decatur Peoria Decatur 'We now this of such at the returns apolis St. by the higher first movement the increased » have been favored in in that district, therefore, way a double but spring-wheat I too, it 300,000 and Duluth these it markets. may be said that With the bushels there should against at Detroit 1^ millions be year a ago. was some falling remembered are reference gain shown to is Chicago, wholly in ArocsT THE CHRONICLE. 14. 1888.1 winter wheat, the receipU of the spring variety having decreased. 179 roads running south and southwest from Chicago, and not those running northwest. This is evident from the figures of the inspection of the two classes for the month. Earnings last year of coarse were very poor, so it becomes interesting to know how the totals for this year Of winter wheat the inspection embraced 3,252 cars this compare not only with that year, but with some of the year, against only 273 cars last year; but of spring other previous years. Accordingly we have selected a few wheat, the inspection was 877 cars, against 2,458 cars in prominent companies, and compiled their July earnings 1885. The decrease in the latter represents a loss of 600,000 or 700,000 bushels, and it is in the face of this for six years past as below. that the Northwestern roads [show improved earnings. 1881. ISM. KM. imi. JWv. We find, however, an increase of a million bushels in the s « com receipts, in which increase we may snppos^both the 7IUW ffr8J05 7MJ8M CU«MO A Alton ISl.WS 122.430 spring wheat and the winter wheat roads have shared, and isT.am uAMta' UMsa U0.( Ctaleaco a'Kut. Ill I I L. a Cbic. raiuTllla a Terr* If tM CbL lad. St. tu.*o» injasi' tOMIS' isajM in.181 73.4a . nuaoUCtnt. CkUAlUft T JL( M -B UiM) (Ui. OiT.). auit r 4M.lflB' u.am i*a.iw 61«.T« aSLMB 101,U8 9SJ«0 HH.S)8 UII344 4«,M» U0J88 ljn»,«Tl l.«B7,41T 1.T4I.U8 i.T90jin'xma»i'i.nt>.on Total.. there is also considerable movement em these roads had larger earnings this year all with the years year, but last we have prepared the following table run- ning back to 1881. In the latter year than in any other year except 1882. movement was the same the condition as to the wheat pork, cutmeats, lard roads, not only with preceding, Nearly — increase in certain items of the and live hogs. For the purpose of comparing earnings on Northwest- provisions as JulH.. I88S. 1884. isee. In that year, as in the present, only perhaps intensified. in this, there was an excellent yield of the cereal, after a 1683. Bari. Cad. Rap. a No... Chle. MU. a St. Paol.... Ifortbacat very poor yield the year before, and the movement was Ohlca P. Mlaa. ao.. Chle. St. early and very free not unlikely more so than in the St. Paul Minn, a Man... SI».1M 814.881 1881. * ( * IM.87ei I its.aeo i«e,«70 » 174.381 s,ae8Jr)0{ 1 .888^038 1.848JM5 l,Sni88S 1.404.087 1,088.708 8.1*7,700 8,0883081 1.87II.1T; 8, 160.831 (.OSe.BSS 1,083.031 4IO,100| *1»Mi\ 4a«.78u ST0.0A4 — SS0.3S7 SOMSS 444.338 888,787 88e.4»8| 857.779 888,80a S9S.783 S,434.iat«S.178.070S.I»3.Me&.«a8.S8B 4,»tO.S«3 i.sos.oja Total were low and there was an Bat what it is parargent demand for the new wheats We thus find that the St. Paul makes the largest July ticnlarly important to observe is the gradaal fall year by earnings ever reported, and so does the Omaha, while the year in the aggregate for the roads given, so that from Northwest is close up to its best previous figures. And §2,013,204 in 1882 the toUl in 1885 had got down to taking the five roads in the table together, their aggregate In 1886 we have at one bound a recovery to earnings are considerably ahead of any other year, not$1,657,417. which placet the year ahead not only of 1885, withstanding a heavy falling off on the Manitoba. Of $1,868,674, preMBt year, as then stocks bat of both 1884 and 1883. As course some of the regards Xorthwettam roads there The Dnlath. a decrease on latter j>: traffic compare, we give the follow- ing table of the receipts of grain and provisions at Chicago for July, much from k tad bendoa there has been a falling off in the movement of wheat in that territory this year. The Burliagton Cedar Rapids & Nortbam ia probably suSeriog from the effects of the eompetition of the MioneMt* k Northwestern and other new lines to Sl PaaL But all the larger and more prominent companies, like St. Paul the Chicago k Northwestern, the Milwaukee and the St. Paul *& Omaha, show gains, which is all the more noteworthy that at least two of these three Even the St. Paul Minneaporoads had gains a year ago. lis k Manitoba, on which we had almost become accustomed to teeing a decrease, this time has an increase. These Northwestern roads do not carry any winter wheat, and we have already stated that the movement of spring wheat was smaller than in 1885. To show how some other leading items of have greatly enlarged their lines mileage smce 1881, but that does not detract Northern and the St. Paul the importance of the present ^gains, especially as bad a very heavy gain a year ago, years immediately preceding it was not unusual the Burlington Cedar Rapids JC is and since January 1, in each of the last three yean. in the' to see diminished earnings even on heavier mileage. Southern and Southwestern roads give an excellent Some of the Richmond & Danville among them that report any account of themselves. lines are the only ones The decrease. increase heaviest in Texas and the is Southwest, as witness the gains by the Qalf Colorado Santa Fe, tbe Texas & and the St. Loais, St. Louis & & San k Nashville, the Norfolk & New Orleans & Texas Pacific Francisco, but the Louisville Westem, and the Cincinnati are also distinguished for the excellent character of Below we compare the earnings of their statements. leading Southern and Southwestern roads for six toOM lines, yecn: ISM). 1888 July. 8 I 18M. S 1881. 18SS. • • 8 « il44.8»> 88.0tS 200.49T 817,18S 173.875 838.771 i84.«ia 330.014 858.888 2,4.17. 4fti ij^8.4>'l i.xoi.tjee MI.88M 188.480 Ml,48a 188.488 107.W8 888,0*3 GaU Col. a Santa 7a. 840,048 *40,87<> 821.100 Cantral (Soath. DIT.j' 230,Ul| LunliTllIe a NMhrlllo... l.Stl.uoe l.a«7.8SS 1.080,104 1.184.770 188.884 SlO.ISe •«37.gS« M*7,W7 Norfolk a Wntern 8B0.«8i 87«.««« «71.40o| r78.»n RIctamoadaUanTllle. 140.777 I85,7IH 180.870 UI.8M8 VInlnIa Midland Ix>nU a Sao riao 407.W7I 818.884 880.111 1170.101 St. III. 1.IK»8.'<<» iei,s;>s ! asctim AT cncAoo nvano 40lt ajid siscb jam. i. lOAMT ] laM, /<M.lt»/ltl|r*L vmt. WkMLkwIi f UM. -itUfiU SMjrwl 4.S44JM m»t OaU...»Mk. -Duo IIT.1M *MMm ...... ., isi.o* lass. imjm ; Csra.-toiua. Bra. ToUl J„^ 1 UBS. 4.14SJS4 ITAS WLSSM88 isuHojn St.lMAIl' 3l.tl»JIH» »i.irro| i.u»,»o 3.J..«^ 4,«»1.WI Total «r»ln rioar ..tbc. rtark...MI> CMsla-IlM! priies |.i.07t.*:o IMJM 8.ITI.7WT t?4.T4« «i,aa4.«'9 1S.44V.WI iMis.nB t7.«l*jSSI »,'«T.'0«l t.lMilV H»,lt> 4481.817 4a.4S4.SSB SM^IT s.7tai8aa - , 1-n total here both whereas, in for varieties, fact, 74.4<n,lW7' «l.-i;.->l B.»ni !!.»• l.aM I.i<l0> t^MtJUO, the gain, as already stated, has inured 30,33-) M.«BB.a*r>' Tt.04l.0t8 sijeuMi 4i).»4.4ao wheat is misleading, as and shows apparently an the winter variety, and tV.574.42S I.W>.TU> \»J»d.T>l l*'! .. lt>« lJT»h.«.N The .;,.-' A i;:.i:» 1 18HC 1 38.1 is lii'7<B.MBla.884.iM B,a6.1.74W We IMC ttie Here we observe a pretty steady progress from year to year. Mileage has increased some, but not on all roads, kpproxlmaM Ogatea * 2,<M.1.19e it com- increase, wholly in to tbe benefit of the here. it has in the Northgratifying to note that the and cerUinly not to the extent that west. For this reason it is seven roads in our table form a total of $1,851,866 in or about 1881, have increased in 1886 to $2,726,516, $900,000. Between 1883 and 1835 there had been a decrease, but in 1886 total up we have a recovery, bringing the 1883. to larger figures even than in played by the cotton movement The part in the earnings of these roMls during the last three years, following table in the usual form. may bejseen from the THE CHRONICLE. 180 XI0BIPT8 OP CXXTTON AT 80UTHEBM PORTS IS JULT, AND JAirCABr 1 TO JULT 31, 1886, 1885 AND 1884. Sine* Januarv July. Name St. St. 1- 1886. Galveston balea Io<Uanola,&o n*w0rleaiu 68,727 130,774 1 l,fl62 422.716 60.612 24.482 423.1119 113,1)89 112,021 2.260 71,430 8,473 10,700 91.2S0 1,6^2 173 612 6 11 8,550 G08 15S.014 2,601 687 48 830 nortda BftTumah Brunswick, &e Charleston 88.680 16,166 208,816 4.604 443 48 848 10 «80 86 2,620 8,487 267 128,282 6.688 25,089 8,632 186.067 100.487 28.480 8.880 7,741 1,617.450 4,807 .Port Royal, *o 185 42 WUmlnKton 5 46 Morehead City, Ac. Horfolk 8,161 West Point, &o Total. 1885. 700,843 3,501,880 819,295 6,890,319 794,657 8t. Louis St. L. Pac... A Vol. XLni. Inereate. 616,038 84,805 3,697,30.> 525,752 6,332,257 834,817 Oeerease. 192,425 203,543 567,002 'ih'.ieo 1,5(12 11,55* HobUa 1986. Wisconsin Central 8-20 475 480 63 1,700 A Wabash 1886. 1886. 1884. of Road. Paul & Duluth Paul Minn. A Man... Texas Port: I Total (64 roads) 17,824 A Nav 2,977 14.008 1,668 2,: 132 112.3S4 148.4S9 44.226 57.890 828.006 1.0111,163 Grand total Net increase 1,594,652 126,094,175ll21,O3O,884 7,557,943 Oregon Railway 5ii.0H2 124,238.062 118,737,498 7,095,216 2.756,113 2,293,386 462,727 1,594,652 5,96.5,291 Concerning net earnings, which this time cover June and the first half of the year, there is nothing to be said except that the June figures are almost uniformly favorable. The roads in tbe Southern Pacific system and the Burlington Cedar Rapids Tork & & Northern, tlie Buffalo New Des Moines & Fort Dodge, th© Denver & Rio Grande Western, the Mexican Central, the we have the Bufialo Rochester & Pittsburg, the Buffalo New York & Philadelphia and the Long Island in the Northern Central, the Reading Coal & Iron Company and the West Jersey are about the only ones that have lost in East, the Detroit Lansing & Northern and other roads in net for the month. Almost all the others have larger net Michigan, the Denver & Rio Grande in Colorado, the Orethan in 1885, the trunk-line roads, Burlington & Quincy, gon Navigation Company on the Pacific Coast, and the Mexican Central in Mexico, as illostrations of the course of Union Pacific, and the Southern roads, being especially distinguished for their heavy gains. As showing the tenearnings in various distinct districts. dency at the close of the half year, it is well to remark The statement of earnings for the period since January that quite a number of roads which for June have 1 has of late months gradually changed its character, so improved net, for the half year report a decrease. The that from showing a "With regard to roads in other sections of the country, decrease in shows an and the same increase, The Tidual roads. is it now many indi. aggregate the true also of and there increase reaches $5,963,291 following embraces & Louisville & the St. Paul Minneapolis & of the Illi- & Memphis, and Following are full Manitoba. Naue of Road. Atoh. Top. & S. Fe... Gross. Baltimore & Potom. .Gross. Net... Buff. N. Y. A Name of Road. 1886. BnffaloN. Y. & Phil.... Buflfalo Rooh. & Pitts. . Burl. Cedar Rap. Canadian & No. Pacitio.... Central Iowa OUoago & Alton Chic. & Eastern Illinois. Chicago Milw. & St.Paul Chicago i!k Nortliwest ... Chic.St.P.Minn.A Omahn & West Micli Cin. lud. St. L. A Chic... Cln. New Orl. & Tex Pac. Alabama Gt. South'u. New Orleans & No. E. Chicago Vioksburg & Meridian Vicksburg SU. & Pac. Cin. Wash. & Baltimore. Clere. Akron & Col Col. <b Cin. Midland..... Col. Hock. Val. <fe Tol... Denver* Rio Grande... Denver & Rio Gr. West. Des Moines & Ft.Dodge. Detroit Lansing &. No. EvansT. & T. Haute Flint & Pere Marquette. Grand Tr. of Canada ... Gull Col. <& Santa Fe . IlL Cent. (lU. Div.) Do (So. Dlv.) Do (Iowa Div.)... Indiana. Bloom. A West. Indlanap. Doe.& Spring. •JCan. City Ft. 8. & Gulf. •Kan. City 8p. & Mem.. Long Island Doulsv. Evansv. &St.L.. liOvUsvllle 4 Nashville.. Uarq. Houghton &Ont.. Mexican Central i lilw. Lahore & West' n. Milwaukee & Northern. New Yorn Citv A No N.Y. OntarioAWest'n... Norfolk & Western Northern Pacitio Ohio & Mississippi Ohio .Southern Peoria Decatur & Ev... Klcnmond* Danville... Va. Mid. Div So. Car. Dlv Col. Green V. & Dlv West. No. Car. Div.... Bt. Joseph & Gr'd Island L.A.&T.H. main line Do do (branches) Bt. Louis &S. FranclRon Bt. . Bnrl. Ced. R. 1 TO JULY 31. 1885. 3,284,101 523,045 198,611 670,990 422,169 647,438 395.673 1,251,996 9,118,849 1,103,319 3,455,917 2,039,017 891.257 1,349,233 219,699 1,298,973 768.445 1,618,142 457,968 7,540.011 514,752 2.120,864 1,181,485 1,087,190 8,241,814 738,734 3,512,283 2,346,950 883,831 1,228,887 181,102 1,374,801 896,320 1,542,524 387,624 7,892,190 405,547 2,151,169 681,926 320,786 240,031 681,230 1,424,427 6,606,441 2,020,215 226,830 382.289 2.127.830 827,022 23,552 26,436 164,806 877,035 364,585 343.655 304,526 717,478 1 ,686,645 6,108.122 2,077.877 261,488 407,785 2,160.699 811,529 423,508 331,829 281,894 624,975 671,.568 387,293 2.437.400 275,591 102,888 2.30-2.926 Inclmles tiireo weeKs only of July la each year. I Mexican currency. • 38,700 162,931 889.877 41,249 82,660 67.651 169,066 190,207 199,467 52,53-' 82,589 106,634 37,836 42,013 41,647 40,896 106.457 12.280 65,834 1,257,26(5 425,006 349,434 252,559 659,503 660,777 402.604 108,4.50 42 654 226,560 45,532 218,124 41,494 557,337 103,957 35,380 211,557 67,127 230,451 54,870 50,388 7,969 734,862 233,491 249,521 59,986 52,761 6,'»41,368 2,942,768 629,914 2.i4,73 2 1,2011,637 195,633 1,265,633 June 30. 1885. 7,227,258 3,114,930 655,543 251,171 1,080,443 236,887 1,413,918 375,679 206,038 Naah. Chat. Decrease. 263',74.5 954,.579 No.. Gross. 1,252,754 1,218,772 613,606 to 1886. 23,70 i 12,505,034 12.717,092 2,983,394 715,755 1,326,711 1,430,588 589,702 378,922 227,695 186,806 6.52.383 A 1885. Net... 2!S8,732 Camden A Atlantic. Gross. 53.341 214 525 Net... def. 4,359 7,939 88 Canadian Paoiflo Gross. 895,923 4,160,342 3,352,827 Net... 376,450 1,29^,615 1,114,408 Gross. 322,799 Cbesap. A Ohio 1,819,818 1,566,414 Net. . 71,774 503,719 367,983 £liz. Lex. A B. S.. .Gross. 67,411 393,475 316,008 21,8;i9 Net... 21,593 12.S,659 95,391 122,60ti Chea. Ohio A S. W... Gross. 11.3,361 730.269 701,625 Net... 38,255 29,012 226,94 i 179,353 CUoago Burl. A Q... Gross. 2,148,532 1,992,485 11,523,359 12,372,968 Net... 939.076 763,287 4,844,133 5,155,647 aevel'd A Canton. .Gross. 32,983 26,042 160,742 142,867 Net... 8,833 3,558 40,881 21,599 Gross. 555,386 525,342 2,879,941 2,732.438 Denver A RloG Net... 202,278 176,937 946,777 827,753 89,428 467,539 Denver A Bio Gr. W.Groas. 91,396 436,840 Net... 35,120 141,(16 36.152 82,771 Moinefl A Ft. D.. Gross. Des 22,133 27,323 150,812 169.287 Net... 944 7,010 25,237 37,153 101,679 731,477 Louis V. N. O. A Tex. Gross. 67,147 533,229 Not... l5,7»-0 df. 10,637 132,372 51,095 274,764 278,: 70 1,841,264 1,880,496 (Mexican (Central... Gross. 99,483' Net... 78,712 586,793 833,997 236,132 103,436' 942,769 Milw. L. 8h. A W... .Gross. 565,653 Net... 117,563 421,472 26,3211 154,138 151,676 4,307.329 856.45.T Net... Phlla.. Gross. Net... Jan. 1 14,394 Increase. 1,442,437 622,520 1,175,368 5,150,342 693,632 4,224.669 923,500 12,675.000 12,907,399 3,182,861 768,293 1,409,300 1,537,222 627,538 336,909 269.342 227,702 1,061,036 287.871 168,772 1,242,872 3,492,846 552,939 174,910 1,290,761 661,220 1,638,299 4,260.465 June. 1886. particulars. OROSS EABNINOS PROM JANUARY roads from which returns can be GB0S8 AND KET EARNINGS TO LATEST DATES. Northern, the Nashville, the Southern Division nois Central, the Kansas City Springfield all obtained. are eighteen roads out of sixty five that have smaller earnings than a year ago. The decrease is important only in the case of the Burlington Cedar Rapids Philadelphia, the A Northwest.. Gross Net... A St. L.. Gross. Net... Gross. Y. L. E. A W Minn. 29,894 *N. Net... Gross. Net... Norfolk A Western. .Gross Net... Northern Central. .. Gross Net... Gross. Northern Pacific Net.. Ohio A Mississippi ..Gross. Net... Gross. Oregon Imp. Co Net... Greg. R'y A Nav. Co. Gross. Net... Pennsylvania (all lines east of Pittsb. A Erie) .. Gross Net... Phlladelp'a A Erie ..Gross. Net... Gross. Phlla. A Reading Net... Coal A Iron .Gross. P. A R. Net... St. Jo. A Gd. lel'd... Gross. Not... N. Y. 56,371 307,933 7,426 120,351 38,597 75,628 127,875 75,618 70,344 352,149 109,205 36!305 499,560 22,8ti9 64.495 36,248 262,218 501,681 57.662 34,658 25,498 32,849 — 15,493 1,498 15,105 Southern Pacific Co.— Galv. Har. A S. A. Gross. 65,4 ';i 10,791 G. 15,311 W. Tex. A Pac. -Gross. LoDlsiana West'n . . 1,027,218 412,079 8,658,148 1,669,436 1.513,915 438,391 1,237,030 445,693 2,597,771 1,043,174 4,606,430 1,920,780 1.738,416 384,714 1,362,027 248,199 1,887,510 669,814 4,336.101 3,735,638 23,250, 164 !1,319,593 1,351,133 909,414 7,6>iH, 624 6,519,859 332,382 269.943 1,«67, 710 1,482,199 139,763 513,719 (!5,293 709, 694 2,532,364 2,428,294 13,420, 720 12,710,204 943.4 ')7 5,099, 49 1,049,939 4,719,138 1 .3 11 ,840 1,320.096 6,133, 069 6,6:^6,123 df233,574 dt.79.591 dl.l21, 781 If, 158,082 8S,077 68,231 546, 934 497,519 249, ,7461 100,500 34,359 def. 637 201,966 Net... dof. 2.909 29,335 134.474 ANew Eng 43,715 24,356 178,139 147,700 1,0-0,802 75,205 417.194 61,903 1,887,505 1,451,933 10,157,049 554,577 315,52i 2,8112,421 314,316 271,057 1,792,155 96,520 583,644 81,263 223,120 191,767 1,449,381 56tl,097 85.404 57,054 432,536 416,21« 2,582,4(10 95,468 135,980 899,330 1,077,356 1,012,507 4,987,-'57 55«,285 564,887 2,170,246 308.119 264,201 1,730,721 83,462 423,953 71.895 271,782 222,442 l,231t,52l 219,29!^ 86,120 45,393 2.331,313 481,735 382,782 240,014 183,852 927,7aO 2,916 Net... dof. 2,612 G ross 48,710 Net... 21.333 225.587 84,224 5,< 5 4,118 43,379 ' 20.;'26 1,233,339 1,383,660 88,6.10 23,.320 577,927 6.730 300,465 144,018 def. 287,813 148,594 * Including 68 per ceut of earnings and entire working expenses o t Mexican ourrenoy. the New York Pennsylvania A Oiilo BaUroad. I ACOCST THE CHRONICLE. 18W. 14. Jtmt, VXMM or BDAD. 188& • Boatbcrn FMdlle Oo.— Margna'a La. AT.OroM. 13,1S5 12.43S A H«s..OroM. H. T. Tex. Tezaa * Colon Not... 64A>31 A fir's. W«»t Jcn«7 . If- 11 Nel... J%/y. K.ut> or BOAO. 1885. IHSO. Ores- Vy A Kar. CaOrota. 434.f {.KM toelsTel 18S.700I Jfay. Kamsov Boau 1886. 1889. 1886. lO.OBf! A Ind.OroM. Met... * Iroolon ..Gmai. 9 970.348 331.709 1,348,478 241,059 1.008.901 1.483,487 S09.S34 Dartan lOOJMS 11,M3 19.90S, 441.084 89,949 1,396 daU.948 4»,»4ftl Net... dar.7,S8« » 9 GtandTr. ofCaD'iU.Oroai. S«8.tM •7,770 944.023 999,408 40.414 •5,418 21.2/ Oblo. * Oraod * M...OraM. mini Net... 49.719 14,094 3.766 18.469 1.614 9 9 OroM MalaaOHtral. Net Ocaaoa Bbovl Lisa .Groe*. Nat .. 1,185,167 241. 1U3 232,91.'} 29,974 Ht.no t 13,517 9 33H.146 '•.XJ.147 l,O4.^.042 3.-.J.77.1 00 .-'IJ 70,J3t 415,631 990.446 187,1191 54.tt44 4o.'^.ij ) of Oerman firms in Eastern the Qovemment hues for a period of eight years, and argued that what can be done in Japan can be repeated in China. Hence we are getting more on the alert for fear that it is eitlier traoti • 'i7,8i3 : >i4,3U2 . activity by recommendations and introductions from the highest official sources, has naturally caused some uneasiness among manufacturers here. It is stated on good authority that a Oeirman firm has succeeded in entering into a contract with the Japanese Uovemment for the ezclosive supply of rails for 1.968.977 Nrt... Tt. .Uruaa. Net... Oe«. Or. H. The Asia, backed 973.410 Otov. OoLCtn. poBsible. 1885. 9 X.T. jmt On. Iod.St.L.*C..araM. ductive of good results to both nations. On the other hand the weather of the past week has not been good for the crops. Rain has been frequent and the temperature has fallen, thus pointing to a late harvest. However, taken as a whole the commercial outlook has rather brightened, and the cheapness of money will no doubt effectively assist in consolidating any improvement which may set in. The latest advices respecting the anticipated opening up of China by railways are disappointing. For the time, at least, all schemes are shelved, the authorities having refused to sanction the proposed lines. Chinese ezclusiveness and official l7U,(ii-s, ibi.sfti; obtnsenees will, no doubt, oppose the innovation as much aa poaiible, but the intersection of the Chinese EmQJre by railJan. 1 to July 31. ways can only be delayed, not definitely abandoned. Ulti1886. 18^*5. mately European ideas must prevail, and there will then be a 9 3,796,113 3,293 38S scramble for the contracts. The Chinamen, with his native 1,110.490 865,676 acnteness, will not be slow to take advantage of this competition, and will get his work done as cheaply as ,ran.ltojrav31. Net... Oron 620,751 lief. 52:>.i('" GroM PM-i L. Jc I,a42,fl9( 448J30 Net.. 83.92 Gro**. 3.2833- pBclflo W*b. Bt * 1,949.282 34^7: Rat... AUantle •rs(eii>...OroM. 18S5. 9 859.584 63,721 24.100 352 JTet... Vew OcL.Oroa*. June 30. lo 1886. • I 239,677, Set... Jam. 1 1889. 181 II". lis Qermany or America will succeed in securing the oonwhen the time for making them arrives. Whichever party ultimately does the work, will have to be content with a comparatively small profit, as with such keen competition no doubt be cut very low. But whilst the initiation of a railway system has been 171,350 temporarily vetoed, there are other signs that China is showing Ve^ 7M0 49.7a Orgaal Bdoto TaUer some inclination to move with the times. An office of mines Nat... ilaf.4.9«-.< Oiwa. tBenoia 93.9941 S3.797I has been opened in Canton, and in the course of a few weeks Mat... 4.7791 over fifty licenses were issued. There can be no doubt that • inaiodliw itaaa AvtU 1, In 1899. the aaw ..^_ the Chinese Empire is possesMd of vast minerqil wealth, and its \ TbU Inctiiilaa for laat rear all the raada than vmmmI, a fxA taaar development either by native or foreign capital would causa of which are ao tongf o»e«atad. and Uie»<ft>r»io> taetuaeil In theUao flcurcai China to move forward more rapidly, and it would soon be recognised that the railway had become an imperative necesJ|.eniB sity. Let but a fa>r start be made and the prejudice against |9floiutarBs<^ommeYctsl Western ideas would speedily be weakened, and in the China ti a few years henoe we should hardly be able to recognize RATES OF EZCHAITUE AT LO!nX>N AND ON LONOOV the Celestial Empire of the present day. It is some satisfaoAT LATEST DATE& tion to know that cordial relations exist between England and China. China promises to encourage trade with Burmah MXOBAMaM AT LOMDOM-Jvlw 29. MIOHAMOM OK LONDO-S. which will be regulated by a special convention, and also engages to take steps to promote trade between India and Peoria Dee. * BT....Omaa. tBooe Wat. Mat... Oc. .Oraaa. It 60.B09I; 9l/»<7l 313,09- . 2-0.-. 11».S<*2 lli; |-, prices will ii:ii; 0<)?,7'.<.'> 1 . SugUsb 133% 1 •1S-3I« m •13-3 20-50 •aO-A3 90 90 OSO-ftl 9hart. 13 9 ia'iir'iso 8040 Bbort. 30-40 90-40 Jol; 3» OSO-ftS Jalr 39 13-72 ia#l2^7«t Jalj 39 13-72>a*12 77i« 39 40 a?^ 4:>9 Ibort. Fnakfott.. IO-.V> atworp. gt.FMarab'ii Pari* 8hart. 29-20 « raria 9BMaa. S9-37>aa. Oenoa 13-07 July 39 1261 is-'ii 2311. 3 ir ..., 49H»4e^ te^»46>a BS%a92H 39 3A'47>a*i.^i>. MwlrWl.... 25-ir oadti Uaboa.... Oaava Jbaiy ... CMootta.... York.. Ia.4M. la.4%d. aw Jalr 99 t Bwa. Jnir July Jul/ Joly 3» taLtnf. 89 la. 4l»:a<l. It. 4i<in<l. M 30 60da7* 30 4 Qalj 39 4-8.'>'» 8«.l>*d. 4s.4>id. inooi oar own aariMVOMI«Dt.| LoNDOii, Satnrday, July The holiday whilst the crowing mmob ii telling npon bmlneM marked laok inimatioo they in rtwrtinf Mo 31, 1880, just now, bat certainly seem to be particular change can be noticed in Mm coaditioii of the hardware indoatrie^, but cotton and wool Thibet. Although the prospectus of the Manchester ship canal has been withdrawn, the scheme has been by no means abandoned. It is understood it will be brought forward agitin very shortly, and the next time with a larger measure of local support. Tbe position of the money market has not appreciably varied. These ,4rag a temporary display of animation, due to the inquiry in connection with the Stock Exchange settlement, but the general demand is as slack as ever, both as regards loans and discounts. Day-to-day loans can be had at )>i@% per cent, and the discount rate for three months' bills is only about 1 per cent. The lowness of quotations is not so much due to a superabundance of capital as it is to the limited nature of the demand. As a matter of fact, the private deposits held by the Bank of England at the present moment are fully eight and a quarter millions less than at An appreciable expansion of trade this time last year. would no doubt, therefore, speedily influence the value of money. In the weekly Bank of England return there is nothing special to notice. The position of the establishment has been rather strengthened, but it is entirely due to the influx of gold from abroad. The reserve has gained £394,753 in the week and the proportion to liabilities has advanced are attracttng a larger amount of attention and are hardening In rain*. AltlMogh the progr e made is rery slow, we are from 3fl-58 to 41-99 per cent. The Bank of England have received tenders for £3,160,000 nevartbalaH moring, and tho chancea of a distinct improvenant in trade before the cloie of the year are increasing. The Treasury Bills to replace a similar amount maturing. The oB of a ooawnrativo goremment to power haa created allotments were In bills at three months £1,480,000 and six more ooofldaooe, aa it is contended that we shall now be free months £680,000. Tenders for bills at three months at from thoee apaams of political excitement, with their disturb. £99 148. 5d. will receive in full, and for bills at nix months at ing influencee npon busineaa, to which we have been so fre. £98 19b. fid, 20 per cent, and above in full. The average rate quently subjected of late. The signing of the Anglo-Spanish for three months' bills was £1 Is. 9d, and for the six months M BWl : rdal treaty ia a favorable feature which should be pro- £1 10s. 9d. per cent. THE CHRONIOLR 182 The money have been rates for Open market as follows Lanea-shiro BankBUle. London Dise't B't .Toint Me row At 7(0 four Six atoek Mmtlu MotUhe MmUiu Vonthe Month. Months Bank: OaU. Thru an 2« 2 " 9 • " am 1M«- 1 M9- 16 una Una - 88 SO '• • 1 TkrM U4a - isTaw Iwa^i 1«S2X l«a2M r»» June 25 July Oompanif. Great Eiuttem London A Brighton IntertttaUovMt /Of* i l-X» -a - 14 IMa^M -1 Great Northern 1 -1 -1 jears 43lroalatlon, excluding £ £ 26,988,700 26,428,790 £ £ and 7-diiy Other bilU 1883. 1884. 1885. 1886. XMiier deposits S4.ej2.»34 AOTAmment 14,840,865 25,166,815 5,361,610 32,984,493 17,070.601 19,570,072 a2,094,4.H7 22,122,924 11,937,889 17,S!4 7.998 14,122,944 12,250.197 24,361,314 22,923,987 25,39J.165 Tubllc deposits 3,310.170 secaritles .Other securities Reserve of notes and coin Coin and bullion 81,583,054 41-99 p. C. JSeaerre to liabilities Bank rate 2« Oonsols The Bank 11,934.303 44^ P- 0, 2 p.e. 21,348,091 i4H p.e. p. c. 4 p.e. Julu ~2jr 3 1« l« l« 2W 2^ 2M 2« Dec. % 4% U have been fully realized for all fine samples. The favorable weather occurring at such a critical time has no doubt been the prime cause for this display of steadiness, but apart from that important influence there has been some reduc- late rates less tion in the supplies offering. Imports have again been rather small, and their meagre character will necessitate some further drawing upon stocks. Farmers also of late have been less 5Xd. eager to realize than 9«d. Oiii- in consequence 4 5 4 4 5 3 3 3 3 2Hi m 5 JulK Opm Bank Marlicl i8at«. ~25" home seem that the trade condition. case a short time ago, and are falling off. It would was the deliveries gradually being brought into a sounder hardening of values is considered almost is A quiet but without leading to the permanent establishment any very decided improvement over current quotationsf. Everything will of course depend upon the weather of the next week or two. certain, 8. Open Market According to the Irish agricultural just published statistics had under crops and grass 4,957, '27 acres, or acres more than in 1884, The country produced amongst for 1885, Ireland 8 3 2 84,383 3 i« 3 2 2 other articles 1,097,198 cwt?. of wheat, 18,133,1.77 cwts. of oats, 2,883,937 cwts of barley, 3,175,738 tons of potatoes, 3,551,783 2« ay, 2H 4 4 4 5 3 3,292,555 stones of flax. 5 8 cereal 1« IH 3 2H 4 3 3 6 8 •« . a ket has certainly assumed a firmer appearance, and the tendency has been against the buyer. No quotable advance can be mentioned, but both at Mark Lane and in the provinces 5?id. ~2H~ ~8 i« 4 Dec. Inc 3 being an increase of 179. Although the wheat trade has been destitute of animation, and the actual business done has been only moderate, the mar- 995^4. JtKl 15. 22. S 3 Bt. Petersburg. OopenbaKen ~~a 3 4 Deem 3'9 total to date is 6,894, 428. Id. Bank 0pm Bank RaU. Market. Bate. Open Xarktx Kadrid ytenna 4 of i2at<. Bambnrg Amsterdam '4 increase of 172. The number of bills of sale registered during the week was 225, being an increase of 14 over last year. The 37s. Id. and open market rates at the now and for the previous three week s H 8tubb's Week>y Gazette shows that the failures gazetted in England and Wales during the week ended July 24 were 77, or 22 less than last year, the aggregate to date being 3,724, or an Ud. 79.240.000 112.275.000 118.7SO.OfO ..-. >i i\ 3 4 .V SUA SUA 81,455.000 Bank ~8 Midland 2p. c. 100%d- S3a. 4 15-1 ed. 8Hd, July 29. Berlin Vraniirort '. lOOd. p. c. sis. 3d. Satuof ParU UH 22,985,740 13,579,571 rate of discount chief Continental cities have been as follows: Int4rettat 2e,629,»85 26,604,813 101 7-ied. .Snglish wheiit, arerafre price Middling Upland cotton Wo. 40 mule twist Clearing-House return 6,097,128 4,418,488 stiiilordshlre...'. .'.'..'.'.'.'.'. Deo. Dec. Deo. 2 4 4>» 3 8»4 Southuustei-n shows the position of the Bank of follovnn)? return 3% 2 Northi-iwitcrn -1 Sngland, the Bank rate of discount, the price of consols, the price of middling upland cotton and wheat, and the Bankers' Clearing House return, compared with the three previous 2»9 3»4 Sis Metropolitan North -1 % 8 arbitration pref -1 1-ie The p. c. Change. 188<i. ^ 2<4 London & Southwestern London Chatham & Dover, 4'a «'l Nom'l. Nom'l. Nom'l. Nom'l. Nom'l. Nom'L 1885. Vorksblre « Noml. Nom'l. Nom'l- a- mas . i HI «1 «1 «1 iMa2i« i<Ka«H IX* IM» -- i«« \H* - r-Firtt half year, p.e. : rate*. XLHI. [Vol. 3 m 3 2« 4 4 6 3 3« 5 3 tons of turnips, 4,156,095 tons of meadow grass and clover and The following return shows the extent of the imports of produce into the United Kingdom during the first forty-seven weeks of the season. & Messrs. Pixley Abell write as follows on the state of the bullion market Gold.— The demand for gold has almost entirely ceased, and the Bank is now the only purchaser. There have been large arrivals during the week, the 5;reater part consisting of sovereigns from Egypt, and the total sent iut» the Bank sinoe our last is £.'>9G,U00: on the other hand, ilOO.OUO In coin have been taken out for Constantinople. We have rnoeived since our last £300,000 from Egvpt, £16,010 from the West Indies, £19,0u0 from India and £17,400 from Vera Cruz; total, X582,400. Silver.— There has been a continuous decline In price during the week. We ((uoted 43''8d. lu our last circular, although this was for a special order, Indian Uuyers not being able to give this rate since then the exchanges have dally decliaed, and the price to-dav Is purely nominal. The arrivals comprise about £4.">.000 from the West Indies and «3O,O0O from Chile total, £7,=s,000. The Peninsula & Oriental steamer has taken £l.H,«tJ0 to Boujbay and £rt,500 to Calcutta. Mexican Dollars.— Without any arrivals of Importance the price of dollars has remained stationary at 43?id. during the week. The Pekin lias taken £><,S00 to Penang and £2,590 to Shanghai. The quotations for bullion are reported as follows: ; ; GOLD. London Standari. 1 1 •^"'l' ^ : Bar gold, fine.. .01. Bar gold, contaln'g 77 i. 9 80 dwts. sllver.oi. 77 10 Span, doubloons .OS SJLm.doubloons.oi. ........ SiLVKB. Jxay •. 77 22. Ijcmdon Standard, d. 9 JMy 29 d. July 22 d. 43>i *»% tng 6 grs. gold.oi. t-tii Oake silver oi. Moiioan doIs...ot. 48« 43« Beans Indian oorn. Floor 51,70.1,0£3 15,643,751 11,655,635 1882-3. 60,575,053 15,091,736 13.789,001 1,953,030 2,850,351 21,433,198 15,237,574 11,687,725 l,8'id,514 9,632,821 1,888,861 2,825,512 28,047,844 12,996,600 l,550,5v)8 3,286,477 2,880,017 Z5,01U,908 25,9S3,228 15,410,687 13,575,525 consumption on September 1) Supplies available for (exclusive of stocks 1883-4. 46,70.5.973 13,747, H13 1884-5. 1885-6. .owt. 45,044,304 9..516,23» in forty-seven 1884-85, 18815-86. 1883-84. 1882-83. 60,575.053 15,237,574 41,76d,000 Importsof wheat. OWt.45,044,304 .•il,703,023 46,705,973 12,996,600 15,410.687 13,575,523 Imports of flour Sales of home-grown. .38,952, 832 38,073,202 37,883,190 Total 96,993,736 105,186,912 week 98,164,6S8 117,578,627 The following statement shows the extent of the sales of home-grown wheat, barley and oats in the principal markets of England and Wales during the first forty-seven weeks of the season, together with the average prices realized, com- HH BarsllTer oi. Bar sllTer.contatn77 10 Wheat Barley Oats pared with the previous season 47 5-18 1884-85. 1885-86. 188.3-84. 43M A Norwegian 3i^ per cent loan for £1,700,000 has just been introduced by C. J. Hambro & Sons, the price of issue being 98 per cent. A Portuguese 5 per cent loan for £2,400,000 will, it is understood, shortly be introduced here and on the Continent by Messrs. Stem Brothers. The prospectus has appeared of the Governor and Company of the Island of Anticosti, limited, with a capital of £300,000, the object being to acquire and develop the resources of the Island of Anticosti, situated in the Gulf of St. Lawrence. The English railway dividends so far announced have been about what were anticipated, with one or two exceptions, notably the Great Eastern and North Eastern, on which systems heavier returns than those notified had been calculated upon. Annexed is the list: Sales. Av'ge Price d. t. Wheat, qrs Barley Oats Sala. 2,713,666 30 2.821,499 28 362,7.i5 19 Av'ge Price s. 9 e,651,-?ll 33 2,853,8.13 31 4 397.170 20 Saiet. Av'gt Pr&e d. $. 2 2,641,094 38 U 3,053,390 361,537 20 8 a 7 3 5 Converting quarters of wheat into cwts., the totals for the whole kingdom are estimated as follows: Wheat 1885-86. owt.33,952,B32 1884-85. 38,073,202 1883-81. 37,833,190 The following shows the quantities of wheat, 1882-83. 41,730,000 flour and maize afloat to the United Kingdom. qrs. Wlieat Plour.equal to qra ara. Maize This week. 1,798,000 146.000 379,000 Lati week. 1,833.000 182,009 382,000 Last year. 2,004,000 156,000 261,000 1884. 1,645,000 182,000 251,000 THE CHRONICLE. Aamwt 14 nBes.] 183 BBcllah Plaaaclal .narket»-Per Cable. re Balances. daily closing quotations for eecuntiea, &c., at Lonrioc endinx Aug. 13 raported bj cable as follows for the Th« Date. SeceipU. we^ 9 An?. mu. Wad. Jfen. ueuolarormotiej Wtahrence«(lnPBrIa)rT,e'2 '•.-« 114^ 130^ O.B.4itaof 1891 of 1907 U.S. « Ojisman PaoMe laoig m\ 0kle.lUl.A8(.P»al... gaoaaii steek... Osotisl. ....... ranlB rffiSalphIa * Beadloii Kew Tort Central I 34>i| 934 S«H 14S>« 142 >« 143 58>I9 58>t 13 >• 114>« IllSM 9VS »4\ 1«2% 58 >• 13>« 114H t2i« 42 >• 42 ".J 101»i« lOHu lOHis lOls,, 101 >« 1013,, 101»,, 82'82Xi 82-85 82-*2>s 114*9 XI13H ll3>e 114>s 180 >« 130 >4 130^ lS9'e 69 09*8 69 « BUrer, per oi..... .«.tf OtMoU for aoeoimt..... I m. Thvrt. I *2H 13>« 114>4 95 H 34 >3 93 9^ 85 >« 9<>« S9>s zl41\ 141 59T, 60 >« 14 115 MM JO'S ia'« <IPammerci%I%na |¥lisceU»tie0us^eur£ Hatiokai. Ba.'nu.—The foUoirin« national banks have latel} beenorB*nl>«d: aJM5-nM Boettd ATeatM Nattonal Bask «f davalaad. Ohio. Capital, •600.000. John L. Wood*. PieeWmafc 8. U Sereraoee, Cublcr, 3JM6—The F1r«t Nallooal Bank irf Bmltk (Mtra. Kaaaaa. Caplul, •60.OO0. J. K. Barrow, PnaldeBt: W. H. Xalaaa, Cashier. 3A47-TtaF Firot Nalloaal Baak of Saait Ble Mart*. Mto h lo" QM>ltal •50.000. Otto Fowle, Prrsidoot Edward H. Mead, Caihler. : 5D EzFOvre roB TBI Wkbc —The imports of last compared with those of the pnoeding week, show an general merchandise. in both dry Koods and The total impons were $9,017,011, afdut 17,900.132 the premMtm week and |9,iM3,74S two wwii uht Ioub The exports tethe week ended Aug. 10 amoonted to |«,512,151, against •7,884,071 last weak and «7,a09.a09 two weeks preyioos. The loBowiag are the imports at Mew lEork for the week ending (lor dry coods) Aug. 5, an<] for the week ending (for general nerefauMUse) Aug. 0; also totals sinoe the hnginning of the fint week in January: , jse . vaw tobk. voaaiaa impobts at fbr Wmk. 18U. ia^4. •3.680,145 Orr Goods. •8,90.503 1886. isas. •3.63»;»3 Oenliaefdlse.. «.SM.sao •,83».B0S a,o*9M« _ •7,460.645 ••,44»,306 •7,784.832 Total •9.687.6' 6.329.31 •9,017.011 «bM(/aa.l. •75,ini.»3l •7t,3t»M0 •68,61 1JS9 •89,452.977 DtyOooda OsBl nerdlae.. 1003««JI» 193.919,0m 187,019.384 i69,d8:;,(i04 XMal 31 weahs. lt37e,Ml,MS •I64.14«,60l •393,631,113 t3.39,335JS81 la oar report of the dry goods trade will be found tlie im potts of dry good* for one week later. The followiiig ia a atatanaot of the exports (ezclosive of 'e) from the port of New York to foreign ports for the ' ; Aug. 10, 1866, end from January 1, IKJ«, to date: BXrOBTB VaOM WSW TOBJK FOB TMB WSBX. 1884. 1888. 1886 188S. Pttifmentt. 7 iS 11 12 13 " " '• 1.20,;' $ 1 62,198,940 ;4,395.7e2 62.234.570' 25,435,681 61,947, rcol 2K,ll4,62» ei.58.=S,260, 26.288,075 60,833,i1bO; 26.521,121 ;. 699.594 1,271. D-^J r^7,883.2»2 1,435,824 127,896,5S0 27.146.791 $ 1 62.438.330' 24,001,006 :T.f,42.n43 r. 617.891 1,936.^23 21,319.602 1.369,326 920,858 2'*. 242.092' rnlal • 9 8yI,O<!B'l27.796,700 980,761 1.71.5.122 :: |Ooin Cerft.] OHrreney. Coin. ' 1 Railroads of the United States.— From the introduction to Poor's Railroad Manual for 1856; just issued, the statistics are obtained concerning the railroads of the t^ted States. The introduction says "It will be seen that the number of miles of railroad constructed in the United States in 18*5 was 3,131, tbe aggregate mileage for the whole country completed at the close of the year Ming 138,907; the rate of increase during the year being 2*4 per cent. The mileage, not including elevated roads, from which returns of earnings and traffic operations for the past year were received, equaled 123,110 miles, against 118,173 miles for 1884. The share capital of all the railroads making returns, including the elevated railMadi", equaled |3,817,097,883, against $3,702,616,686 for 1884; their funded debts, $3,765,727,066, sgainst $8,669,116,772 for 1884; their unfunded debt, $231^108,281, against $244,666,596 for 1884, The amount of share capital and indebtedness of all the companies for 1885' equaled $7,842,533,179, against $7,e76,£99,Ufi4 for 1664, the increase equalling $160,134,133, the rate of increase beinf; about 2-2 per cent. The earnings of all the roads making returns, including elevated roads, equaled $772,58f<,S;5;!, against $770,<J»4,W.S forl884. the increase niuallinn |!,ti83,!J2.5, the rate The earnings from freight of increase being 0i4 per cent. equaled $.M9,690|902; from pas8enger8,$200,863,911 from miscellaneotia eonrces, $51 ,998,980. The operations and expenses of all the roads for tbe year equaled $503,074,902, the net earnings being $269,493,931. The gross earnings opon the entire capital inveated eq^ed very nearly 10 per cent the net nearly S-IS per oant. The amount of interest paid the past year equaled $189,426,085, again»t $17(i,Gd4,802 for 1864; of dividends, $77,The percentage of inter678,105, against $83,244,83.5 for 1884. eat i>ald on the funded debts of the companies the past year 1 4 77 per cent, againU 4-66 per cent for 1884. The ..lageof dividends naui to the whole sha/e capital equaled 202 per cent, against 248 per cent for 1884, The earnings per mile of lines operated the past year equaled fO,2f',.'i, against $6,668 per mile for;l884, the decrease per mile ef|n»IIing $a98, the rate of decrease per mile being 5'8 per cent. In the meantime the tonnage moved by the railroads has increased about 10 per cent, being 487,040,099 tons in 1885, against 869,074,749 tons in 1884, The movement of tonnage by rail is steadily increasing, there being at the same time a slight falling off in rates, the charge for moving a ton of merchandise one mile in 1885 being 1057 cents, sgainst 1124 cents in 18!:4. Tbe past year undoubtedly marks a point of lower depression in tlie earnings of our railroads in ratio to their cost and mileage than is likely to be witnessed for some years to come, the present year showing a considerable improvement upon the : ; past." Vbrtha •6.538,07^ 902.924.Oii: XMal 81 f6,393,76« 179,5a«,O70 •8,448491 •6,512.151 190,1341.857 lf8.92iJ,9S0 weeka. t'JOO.^as.nH •IB5.»293a«{^t95Jl89,938 8195.411.131 The foUowlBg table show* the axpocti and im] imports of specie tke port oTlVew York for the week ending Aug. 7, and ing itmat Jan. 1, 1868, and for the conespondin inding periods 8 UBIaiidl864: aruais un iKroars or sraoni at bsw tobk. Anpo''''. Wmk. •net BrttaiB ttpasoe.... ......... Mne»j€m.l. 812.469,044 11.571,80! OSraaor Wmk. atnetJan.1. LiaMUia. 3.800 6,408,186 lAW Btnas. Twial 1886. VmsI 1888. Total 1884. 17.78.T Bei',7in tnt.. I I888.. I884. 3,765,727,066 t 25'.>,10i<.2,Sl 231,040,215 1.S0O 3.280 486,00a 9I,9W •35,223 88.3)7 607,04 i'.MO • 188.900 94,808 73)899 •4,067 jreara •5399,531 19a.777 37.690 145,385 •I«7,347 806,9g6 425,303 (•.40S,B99 10,<MI.4e6 8,e46,%7ll Total aaseU f 8,287,834,614 li!214,2G1.220 of railroads eotnpleted at close of fiscal oTlhe renpecUvB companlea 127,729 miles. full ataUalloa of operattona were _ .. ., 123,110 nillea. rewlveil from And partial i>tatl«tU»(eamlnga,*c.,luolQd209 miles. Ing Elevated ruada) from Of which 48 93,952 8,135 5''1,157 8,991 273,388 3.258 •35.078 60,564 103.275 11.M9J 1973.090 1,141,853 2,442,747 Of the above imports for the week ia 1886, f 20,1 TO were AiMrieaa gold oohi and $3 Amarioan iilTer coin. Of the exports daring the same time $1,9<K> were Amerioan gold coin, Ositad Mataa ta^Treaaary.—The following table shows the receipu and payte s at the Sab-Traasary tn this dty, •• well aa the halsnosa Ib the same, for each day of the past week l Anrtt. Cost RR. and f qalp*7.037, 887,350 menl Real eatale, atncks. other boDda and 948,383,890 tnviwttuenfa Caah, bllla looelvnacble, current 303,893,405 counta, Ac, Ao... Total ll»bnitlos...$8,073„'>73,394 Bxo«ssofa««ot»overIla»)UlUea TMalmlleace 8.839 wSSuiiH'. 8 1,817.697,832 tii Mmt. areat BrttaiB. The fiscal years of many railroad companies terminate at other periods than December 31, and their mileage is reported ngly, and of the above 128,966 miles of track laid to ter 31, 1885, some 1,837 miles were laid after the close of tto fiscal years of different companies during I'^s.'S. The total mileage reported, therefore, by all railroad companies to the close of their respective fiscal years in 1885 was 137,789 miles, and the liabilities and asseu of the companies owning this 127,720 miiis of road are thuj stated Capital atork Fiv'-' >'•• U: 5.469.8«ft WestlBdlas OBirCBAL axniBR VOB TBB TBAB 1889, 12a.9fl8 miles, treoBth of track laid up toDecomlier 31, 1885 S,131mlles. iBerease of mUeage tu the ciUeadar rear lt<Bi (2*4 p.c). 12 »,3l9 miles Total reporting operations Miles operated Faaaeofera carried hua'KOTs— mileage Tona moved .'ona Tons one mile 133,110 351,427,088 9,133.673,956 " 487,040,099 49,151,891,469 Jfominoa-Paaa'ftera. •200,883.91 Freight... 519,690.992 Other .... 44,735,616 ToUl $765,310,519 Paynicnta from available revenue Intercat on lionili Other Intereat Earning* . (bro't for.). $765,310,519 Opertttlug expeuaea . 498,821,526 . $266,488,993 Net earning* Other rorelpta, lucliirtIng roiitala rocclvert 86.392,477 by leaaor companlea Total available rev- $352,881,470 enue ao, ,97 *"2'?5V?t2 6,571.348 THE CHRONICLE. 184 $77,072,105 86,138,976 Dividends BundiieB jgattUtttfl anil $850,064,252 Total Balanoo, excess of arallable revenue over actual payments tliererrom for the year 43 New HampsMre Wisconsin Minnesota Dakota Ter 43 3 Vermont 12 15 410 243 198 Nebraska 144 Kansas. Missouri 118 3 15 Indian Country. Arkansas 245 98 57 Texas 66 14 Colorado 5 13 73 .. 73 Elioile. l!«land ... ConuooUcut .... Iowa 11 Kew England. Hew York Kew Jersey 357 12 377 2 10 81 20 463 877 102 Delaware Maryland 231 3 51 906 Pcnnaylvaula... 27 315 20 12 118 174 25 91 182 96 228 112 55 24 18 67 21 133 WeatVlTRlnla... Middle 30 40 54 Georgia Alabama 192 177 Missiasippi .S13 Louisiana Tennessee 193 47 106 Florida Kentucky Southern 100 133 272 20 37 784 Ohio Michigan Indiana 316 457 171 191 Illinois Northern, N. H. 106 130 23 40 —At 26 98 65 83 33 90 28 190 12 Nevada 41 43 39 149 245 50 282 61 Utab 152 Arizona Ter 194 Oregon Washington Ter. 125 4 4 5 211 89 .... JOO 1,113 435 262 New Mexico Idabo Paclflc 3 5 .... Beeapitulation, N. Engl'd States 15 73 73 468 377 Middle States... 906 784 Southern States. 1,250 1,111 West.Sts&Ters. 3,465 1,884 1,691 435 262 Pao.Sts. &Ter8. 1,113 Grand Total. .6,818 3,973 3,131 an adjourned law term of the Hampshire Supreme Court 41 Western, etc ..3,465 1,884 1,691 82 55 7 1,259 1,111 200 259 401 California Virginia Kortb Carolina. Boutb Carolina.. 118 48 218 263 273 101 159 100 Wyoming Ter Montana Ter.... 'gimxnciitX, OF TUB 1883. 1884. 1885. 128 228 238 286 140 171 Territoriei. 1883. 1884. 1885. Terriloriet. Blaine XLin. PBOSPECTUS SEATTLE I<AKE SHORE $2,817,218 BAILROXO CONBTEDCTION IN THE UHITED STATB8—1883-85. States and Btata atid Ma«8ao.liu3ctta [Vol. in Concord, N. H., the case of New Dow Northern Railroad Company et al., involving the ralidity of the lease to the Boston & Lowell Railroad Company, was continued until December. et al., vs. the — Poor's Manual of Railroads, 1886, The nineteenth annual volume of this standard work has just been issued, and in addition to the usual amount of valuable statistical matter contains several new features. The method of grouping roads by States following each other in a certain geographical order has been abandoned for good reasons, but no inconvenience will arise from this change, as the general index gives the page where each company may be found, and in the previous volumes it was usually necessary to consult the index to find any dc EASTERIT RAILTFAT, IN WASHINGTON TKRUITORY. The proposed Uno of this railway is from the City of Seattle, on Puget Sound, alnng the ."liorc.-j of Lake Union, W.isliiUKton and Sani.araish to and tlirouirii the Snoiiiialniie Pa«8 of the Cascade Mountains to the City of Walla Walla, with a branch from gome point on the main Hue east oil the Cascade range to the City of Spokane Palls, a total mllcago of about 5' 10 miles, with the right to oimHtnict Huch branch lines north or south of said lines as may hereafter be determined upon. The cost of the road, including equipment, estimated, is as follows: To Walla Walla, 261 miles $4,962,254 Add 200 miles to Spokane Falls 2,466,200 Branches to coal andiron, four miles 42,724 $7,471,178 ™^ . The initial point of the road is that part of the harbor of Seattle known a^ Smith's Cove, where the company owns more than halt a mUe of water front and an extensive tract of land admirably adapted to the election of shops, wharves, piers, coal bnnkers. ore chutes, elevators, rolling mills, and every species of terminal property which would be reiiuired for the tide-water tennlnus of any one of the most extensive railways in the United States. It Is considered the best part of the harbor of Seattle, which has no superi'iroa the whole Pacific Coast. The design is to connect this company's track with the existing track along the city water front. For this purpose only about one mile of track will be required, which wUI oitabllsh connection with every road now running into the city and with every wharf along the water front. Tlio right of way for this piirposo has already been secured. One of the advantage* of this Hue is. th.it, beginning construction at tide-water, paying business can be done on every mile of new road after the completion of the tlrst si-c miles to Union Bay, on Lake Washington. From Union Bay to Squak, thirty-four miles, the line runs through a country with great timber and .agricultural resources, much of which will be immediately available to furnish traffic. At Squak there Is a beautiful and productive valley whose agricultural resources are highly developed, but which is entirely without any decent means of transportation. In the mountains which rise high above this valley is one of the largest and most valuable deposits of coal in the country. Besponeibla parlies now in the coal business are ready to open these mines and will guarantee to ship 500 tons per day at 70 cents per ton as soon as the road is open, and 1,000 tons per day within six months thereafter. Under the plan of cajiltalization the Bonds and Stock upon this first division of 40 miles would be First Mortg.age 6 per cent Bonds $1,000,000 600.000 Capital Stock How good a property this road would then be, even may be seen from the following estimates of traffic : 1,000 tons coal per day at 70 cents Saw logs (low estimate) Misoellaueous freight and passengers if built no further, $700 100 100 $900 Dally earnings For year of 300 working days Operating expenses, 50 per cent $270,000 135,000 Neteamings Bonds $135,000 60,000 Interest on particular railroad. Another feature of value in the present number of the Manual is a tabular statement showing the dividends paid by all the roads of the United States for the last eight years, with the periods of their payment, whether annually, semi-annually, or quarterly, Surplus for Stock (over 10 percent) $75,000 Making due allowances for a smaller output of coal, delays, extra expenses, ic, it is safe to estimate that after paying Interest on bonds the stock would earn 6 per cent the first year of the road's existence. 140th Call for U. S. Bonds.—This call for bonds was issued Aug. 12, retiring $10,000,000 bonds on Sept. 15, namely, three per cent bonds, issued under the act of Congress approved July 13, 1883, and numbered as follows $50— Original No. 124 to original No. 132, both inclusive, and original Mills' Bdildixo, 23 Broad Street, New York. Aug. 14, 1886. This Company has been organized to enter into a contract for the construction of the Seattle Lake Shore & Eastern Hallway. J )ie terms of the;contract have already been arranged, and are substjnitially as follows, viz. The amount of bonds to be issued by the li:iihvay Company is limited to $25,000 per mile and stock to $15,000 pi mile when the road is completed. The Bimds are to be 6 percent. Golii, secured by a First Mortgage to the Union Trust Company on the railwa.v, terminal property and franchise of the Railway Coinpaiiy. For blinding and equipping the flrnt division of 4iJ miles, from tidewater at Seattle to the extensive C",al mine In Sqiiak Valley, the ConKtiuction Company Is to receive $20,000 per mile in Bonds .ind 510,000 per mile in stock. The Constnietion Company has the privilege of buildini; all other portions of the Railway Conipanv's main line (over 500 miles) andbranelies, and is to receive thcrefur $25,000 per mile in Bonds anil $12,000 per mile in stock. Deliveries of Stocks ami Bonds are to be made as each section of 10 miles is completed. The estimated cost of the tlrst division, lui'liiding equipment, wliarves, coal and ore chutes is $544,000. It has been det. rmineil to offer for subscription. .$500,000 of the capital stock of the Coiistruoticui Company, which amount of cash capital will, itis calculated, be more than sutiitnent to enable the Company to carry out Its contract for buiUlug the first division. The terms of the subscription are: 10 per cent on demand as soon as $500,000 has been Ruhsirlbed and the balance in instalments as follows The sei'ond, third, fourth and fifth instalments to be 20 per cent each, and the .sixth 10 percent. Atleastthiity days to intervene between each call. Payments tn be made to the Union Trust Company for the account of the Construction Company, the Trust Company giving negotiable re- : Ko. 1,382 to original No. 1,385, both inclusive. $100-OriglnHl No. 1,078 to original No. 1,729, both inclusive, and original No. i),927 to oiiginal|No. 9.939, both inclusive. $500-Orlgiiial No. 729 to original No. 786, both inclusive, and original No. 4,229. $1,01 O-Oiiginal No. 4,997 to original No. 5,523, both inclusive, and original No. 2.S,748. $10,ooo-0riglnal No. 11,664 to original No. 12,611, both Inclusive. Total, $iO,000,^jOO. — Notice is given of the opening of a New York Agency at No. 71 Wall Street, of the London & Brazilian Bank, Limited, of London, under the charge of Mr. J. Lawrence McKeever. This bank has a paid-up capital of one million pound sterling and a reserve fund of £250,000 it has branches throughout Brazil, Portugal and River Plate, and the opening of a New York Agency is a matter of some interest. The Bank is fortunate in procuring the services of a gentleman so well known in social and business circles as Mr. J, Lawrence ; McKeever. —Messrs. Carolin & Cox, 55 Broadway, offer for sale a small block of the Long Dock Consol. mortg. 60 year six per cent gold bonds. SauMitg and IJfiwatiJCial. United States Government and other desirable SECURITIES FOB IIVTESTORS. PUGET SOUND COIVSTRUCTIOKT COOTPANTT. : 1 : ceipts therefor. Upon the payment of the third instalment an allotment of the First Moitgage 6 per cent Gold Bonds of the Seattle Lake Shore & Eastern Railway Company will be made to siibsorlbers, not less in amount than tile .iggregate of the tlrst two instaliuents; and thereafter, as each instalment Ispaid, an .allormcnt of said bonds will be made not less in am lint than the last previous inatalmi-iit. Allotments of stock equal to ^ per cent of the ins'almeuts as paid in the order above named will accompany the allotments of bonds. These allotments are made as the work progresses for the convenience of subscribers, and will still leave a handsome surplus for distribution upon the completion of the forty njlles. One-half of the eonstruotion stock has already been taken at par. are privileged to offer the balance, $250,000, for subscription at the We same We price. have made a careful study of the resources along the line of the proposed road, and feel conlident that ih" net earnings, from the time of the completion of .be first division, will be ampl.v sufficient to pay the interest on the Ixmds and a dividend on the stock. The termmal property acquired is one of the very best on the entire Pacific coast, and of great present and immense pro-peetive value. Subscribers to this fund will be eniitUd to the right of subscribing for future issues of stock and iionds for further extensions of this line, in proportion to the amount of their present subscriptions. It is expected that these rights will be of great value. rho charters of the railway oomiiany and the con.stniotlon company, a copy of the conetrucl Ion eontraet and a copy of the mortgage to the Union Trust Company may be seen upon application. Eespeotfiuly, IS AH stocks and bonds and listed on the sold on commission for cash. Deposit accounts received anlyect to draft at sight. HARVEY 28 New York Stock Exchange bought and interest allowed on monthly lialances FISK & SONS, Nassau Street, ,.New Yoek.' JAiaESON, SMITH & COTTING. ArorsT THE CHRONICLE. 14, 1886.] glue Sankers' ©alette. BITIBBIfDB. The foUowlBx dlTldaadii bars cweattr i>eea aanooaaed: Kmm* of OompoKy. Mat BaUroa4a. cue. BorUiiictoa * Qulnoy (qnar.) irkm Bookt Olotd, (Aiyt itte<ii«i««.) PayoM*. 2 2 Aug. Vew Tark Fire 4 On IMTlliigyire 2"« Aug. Korth PesnaylTMila (quar.) iBsaraaee. Sept. Aug. 11 to Aug. 19 1» WALL Coins. —The following are quotations in gold for various coins Sovereigns 94 Napoleons 3 X X Belchmarks. 4 XQullders 3 flpan'hDoabloons.lS Mei. Dunbloons..l5 Fine gold bars. . . , Pint) silver bars .. Dimes A >• dimes. bank reserres are lovr aad that money as September approaches ma; It is evident that the the natural demand for easily put rate* up to 4 6 per cent ; but such'a rate in New York lasting for some time would probablv have the effect of drawinf; money quickly to this centre, aad the increase in loanable fund) at the banks aad in the Street would then be rapid. It has not been the eiperience in recent years that a fair rate for money at per cent has had the eflect of demoralizing stocks; it in only the irregularities and uncertainties of the ® S^O loan market that work great injury to brokers, when they cannot tell fn>m day to day what they may hare to pay for money, or what ditficulty they may have in getting it. The full report of railroad earnings for July and for seven months of thu year will be found on another page, and it is only necessary to remark that, taken altogether, this is the best comparative statement pablished by the Chrot(ici.e since October, 1883. Nor doe* this include many of the trunk line reports, as theae have not yet been issued for July, and were they included, the totals would be still more favorable. The open market rates for call loaaa during the week on lock and bond collaterals have ranged at liOlS percent (with A small exceptional transaction at 40 per cent), and to-day at 8^7 per cent. Prime ooamarcial paper is quotedst SQS per eent. The Baok a ststmit on Thursday showed £1 IS, 000, and the percentage of reserve to against 40 11-18 last week; the discount of Bagland weekly lose in specie of HaUHtiM was 43, nUe wa* unchanged at 3i per cent. The Bank of Prance gained 8,930,000 francs in gold and loat 1,839,000 franc* in silver. Tlie New York Clearing House banks, in their statement of August 7, showed a decrease in surplus reserve of $4,231,475, the total surploi being 98,847,390, against $13,878,735 the previous weelc The following table shows the change* from the previous week and a comparison with the two preceding years in the 1 of the Now York Clearing House banks: 85 8S 75 Mexican 96 4 00 55 915 65 55 915 65 — 92 OlfWii 7. 18M. 1884. Auf. 8. V2: Atv. 9. LoannaoddU. f3U.1«»0ee iBe.ss.84i.eoo •ar.'.sAs.soa •ss8.M9.7oo •5.064.000 9.01C700 Ine ST«.80«JOO D*& !<*«ral ehaU. 812.800 laz.700 8i»«.Mo 4s, 4s. 3s, 9 ee.flor'ojr. 6s, em'ey, 68. onr'cj'. 6s. cnr'iy, par. ..reit. Q..Mar. 1023*8.800 DaSL 4.455.700 '96.. "97.. •98.. Ttg.. ..reg. ..reg. ..reg. ..reg. -Jan. -Feb. A A A A A partly In consequence of duIncM but more particularly on account of t'lilliirry in our money market the past few days. To-day, however, the market was firmer, and the demand rate was ad'vanced i cent, posted rate* being now 4 88 and 4 85. Small an'l thi- free oflering of bills, shipments of gold from Europe were reported to-day, including 1,000,OCO franca to Seligman. To-day the rates on actual business were as follows, vis. Banker*' 60 days' sterling, 4 83}^ 8Si; demand, 4 841®4 84i. Cables, 4 84^04 84}. Commercial biils wen 4 60^(94 81. Continental bills were: Franc*, 38|OA 24| and 5 30|@5 2U reichmarks, »4(®»4|and SSiOBft}; guilders, 30{®40 and 4Ui ^40^. The following were the rate* of domestic exchange on New Tork at the under-mentioned dtie* to-day: Savannah, buying par, selling I^J premium; Ohariaston, baying par®i premiuni, selling 8-1 8®i premium; New Orleans, commercial, par, bank, •1 50 premium; At. Loult, 50(^75 discount; Chicago, 80 discount. The rate* of leading banker* are m follows AHffutt 13. MsMMakafrsterUBKbllUoa gtMsssmaiwulal n»iiiMgaieijeouiiB«>aui A*MMlS^' ^"°>tarterBTeMaafl r LondOB.. : D*mand. Iktut. 4 89 4 83 4 M%«4 81 «« 4 gouni ins 6 ua\lH '23»'!i 3»'>l<l«40 >4«».»94» 21>«a.'V20iS(i 40>|«a40'l,« I I 98 aas'g 110»B Aug. 12. 110>ii' 13. 1109^ '110k •llHj* ui^! nils! 111% 'UIH '126V'I26'8|*l26"8t 12638 '126!% 126'8 12679'«12e«tal 12638 :27 Aug. 126»8 100^' 100 !«• lOOVt •IOOI41 IOC* lOQia •135 126 126 •128 126 125 I J. J.l •127 128 130 132 J •129 •132 J., 128i« '128««1 12Kls 127»* 131isl-131'4' J. 131% 131 ,' A OUttlng. JfOHM of Bangt sines Jan. 1, '88 Bond. Aug. 6 Aug.XZ U E.A West.9d eonaoL 6«,ez. June, '86, op. Fnndedeoup. Sa LoweiL BighetU W. T. 99H West8hore,gnar. 4s Tezaa A Paeitlc Rloe. 6e,op. off. Do do Inc. A land gr. 7s do It. in. A ter. Os Do l64>s N. O. Pacific. lit 6a, coup, off EiistTenn. Vii. ,v (in. )-<.ir. rets. 78 >» 101 28 84 >• 97 % 1)0 l;ir. trll«t <ln K. Y.8asq..\ N. Y. Ch. .V ~^Blil very irregular and weak, 11, so active as last week, but sales have reached a fair aggregate, as follows: $60,000 Louisiana consol. 4s at 77-79}; $130,900 Tennessee settlement 38 at 78^-79}; $20,000 do. compromise at 74f-79 ; $10,000 Virginia Os consol., ex coup., at 57; $3,000 do. 6s, deferred, trust receipts at IS^; $6,000 North Carolina consol. 48 at 101; $5,000 do. Os, 1919, at 138; $6,000 Georgia 7a, gold, at 112}; $37,000 South Carolina 6s, non-fundable, at6i-6i; $3,000 Alabama Class atlOOl-i; $1,000 Missouri Os, 1388, at 104. The business in railroad bonds lias been confined largely to a few very active classes, others being more or less neglected, and the tone generally not so good as in previous weeks. The several cbase* of Texas ft PatSSc bonds have absorbed most attention, and the business in them has l>een very large. Prices have fluctuated very widely, advancing sharply in the parly dealings on rumors of a contest for control, but reacting moderately afterward. Erie 3ds, ex coupon, have also lieen very active, and sharply advanced, assisted by a demand from London. West Shore 4s liave been lower. The closing prices and range of a few leading bonds are annexed Qreen Buy »8.a47.3V> Dee.»4J31.475| 8»l.e3«t.47B| •31.146,600 Aug. 10. •UO\i •I10»p .cuap. t;.-Mar.| •11179 IZ-Jfll ..reg. t .-Jsn. coup. Aug. 9. : UJ77.<00 Bxebange.—The sterling exchange market continues very dull, the demand being extremelr light. Rate* have been Aug. 133S8M33aiB^ 1331* 133H 134 134 185»8;'136 135H 136 * This Is UM prloa bid at the moming board no tate was made. State and Railroad Bonds.— State bonds have not been 783<8.000 •oe.iei.ioo si.s4i.7oo •TA.All.ino lA8.345.&00|l 107.687.70U — — 93>a 99><9 option U.S., ..reg Bs.eur'oy, "95.. ..reg. 9.ta»SM aMMi.too — Inlerul Aug. PerUxU. 7. 1907 1907 115,0IMI.M0 37.76M00 Dee. 8ja8.»oo iiJamjooo W4J0I.A50 Dm. •934.SS8 •06.707.035 'as. dollars.. PeruTlan sols 6S 9 71 English silver 4 80 9 4 86 U. 8. trade dollars 71 98I49 100 D. 8. sllverdoUars preni . . IWW. H» and Five francs 4 80 . Auff. stiver 3 92 9 9 par9 >« — — 99%9 par. — 93 9 — 94 — 74 9-76 Do ancommero'l. — 73 9-74 e$4 89 » United States Bonds,— Government bonds have been dull and weak, and prices are a fraction lower than last week. The Treasury Department at Washington has issued another call for bonds, retiring |10,000,000 of the 3 per cents on September 15. The closing prices at the N. Y. Board liave been as follows : 8TRKKT. FRIDAY. Aacaal 13. l!:i»«»-3 P. IH. The MoB«7 Market and Financial Sitnation.—The principal tallc of tli« week in financial circles has been of the Rates to stockbrokers have been fiurrr in the monej market. 4>M,1891 up to 10 and 13 percent, and this in Aognst is something quite 4>sB. 1891 nnusuaL 185 IpTft .ir. -.•*. \, I'M-.- r-tr-i ; . 69 54 60 -39'4 76^8 Jan. 102 19 Aoft. 102 93I4 77 14 Feb. 96««Uar. 102 « lOlHJan. 105 June 68 > 45>9Jnn. 72 Aug. 55 34 Ifajr 61 >4 Aug, 54 1< 341a May 61>«Ang. 91 Jan. 80 Aug. 77 68>4Jsn lomAug. 26 1798 Miir. 76>s Jitn. 99>9 84 28 Aug. 88 Har. 99i4Jaly 42% Har. •99 Hay 24>a Fob. . Railroail and .Hlscellaneons Stocks.— The stock market hae been moderately active the past week and speculation was rather biBk er. The tendency of prices has b«en downward and selUSg has been more active than buying, though a part of the selling was for short account, and this interest is reported to liave been considerably increased. There is no unfavorable change in the general situation t<i account for the decline, but prices have gradually worked down on bear presoure, assisted by speculative rumors and the flurry in money. The condition of the money market has been a decidedly unsettling feature the past few days, but a temporary stringency in money, or even a more permanent advance in rates to 4@5 per cent, would probably not Iiave much effect on stocks. A favorable feature nas tieen the continued London demand for stocks, which has recently had so marked an effect on the exchange market; but to-day London was a seller of Lake Shore and New A Central, which declined in consequence. rumor prevailed at one time of probable trouble in the Eastern Trunk Line pool by a rupture between Baltimore & Ohio and Pennsylvania, but it was found to be of little importtincc. Texas <fe Pacific has been prominent, fluctuating widely in accordance with the different rumors 'in regard to the reorganization. On the announcement of the joining of the two principal committees on reorganization the price reacted somewhat, in the expectation that the demand would fall off if the There has also been an inconttwt for control was ended. creased business in the Wabashes and San Francisco stocks. There have been few other special features; Manhattan Elevated had a sharp advance on rumors of an increase in the dividends to 7 per cent. The coal stocks have been active oa a report of a prolMtble advance in the price of coal, which was afterwards made. To-day, Friday, the market was dull and prices generally a fraction off, though closing a trifle firmer. York THE CHRONICLE. 186 [Vol. NEW TOKK STOCK EXCHANGE PRICES FOR WEEK ENDING AUOUST AND SINCE 13, HIGHEST AND LOWEST PRICES. BTOCKB. Tuesday, Aug. 10. RR. Honday. Aug. Active Satorday. 7. Aug. 9. 670b 67'>8 671s 6714 6738 40 4(>>s 45 53 M 45% 54"8 45 54 Stocks. CanaiUan facltto CiWiuta Boutlieni Central of New Jersey central Paelflo •••. Ckesapeake AOhio --- 5512 44^ 10 67% 4558 435a 5439 45 44 9 17 44% 9% 9I3 10 4458 54% 55% 44% 44^8 •9% 9% 17 12 17 •11 140 135% 13578 136 92% 9338 122 122% 11413115% II419 114% 114 11478 OUoago <& Northwestern 144 144 144 144 144 ptef. 143 Do 126% 126% Obloagn RooS Island & Paolflo, I2714 I2714 127 127 13 14 13 14 CWcago St. Louis & Pittsburg. 34I3 1431 14 36% 34% 35 pret. Do 4313 497a 4878 49=8 Chicago St. Paul Minn. & Om. 11238 111 1121s 112 112 pre(. 112 Do 61 1« 5912 60 58 59% 60 ClevelanrtCol.Cln.&Tnaianap. Columbus Hocking Val. &Tol. 30% 30% 2914 3OI4 29% 3014 Delaware Lackawanna & West 130i£ 1311s 129% 130% 129% 130% 3013 3114 30% 31 3138 Denver& KloG.. assessm't pd 30 6i8 6I4 6S6 638 6% 6% East Tcnn. Va. & Ga., ass. pd. I412 15i« 14% 15 15=4 1534 i>ret., aea pd. Do 8978 8978 88% 89 891a 89ia Evansville&Tcrre Haute Fort WorlU & IJouverClty •11 12 11 11 11% 12% Green Bay Wluona & St. Paul. 3tii3 3612 Houston & Texas Central 139 139 137% 137% nUnols Central 1713 18 17% 17% 17% 18 tadlanaBlooiulngt'n&West'n •10 1013 IOI2 •10 11 11 Lake Erie & Western 8814 8986 88 88% 88 78 Mich. Southern. 891s Lbke Shore &, •95% 96 95% 96% 95% 96 liong Island 46 'e 46 4578 465e 46 465b Louisville & Nashville 5411; 55 14 54 55 52% 53 Louis. New Alb. & Chicago... I2412 124 124 124 125% oonsol.. 124 Manhattan Elevated, 39 40 39 39 Memphis & Charleston 8II3 82 80% 81 30% 81% Michigan Central '67 •68 70 •68% 70 70 Mil. Lake Shore & West 93i« *91ifl 93% 92 prel. 93 93 Do £ St. Louis prel. Do Mlgsonrl Kansas & Texaa 2138 Minneapolis 217t 46% 47 12 31% S23b 110 111 Nashv.Chattauooga&St. Louis 6358 64 65 11012 11114 IIOI4 914 9 9 21% 21% 21 33I4 33 '8 33 *7538 7738 75% 4458 45 46 19% 19% 1938 , Rorthem Facliio , 718 8i« 21% 22 17ifl 45 18 28 14 I8I4 4618 28% 6138 6218 pref Do Ohlo& Mississippi 24 12 2478 17 Ohio Southern Oregon &Tran8-Contlnent»l.. 163i 33% 3414 Peoria DecaturEvansville Philadelphia & Beading Richmond &D,anvllle Eichm'd & West P'ntTerminal Bt)chester& Pittsburg... 26 26% 25Te 27 31 alls 2714 5714 29I3 5 Rome Watertown & Ogdengb'g Bt. Louis Do Do Bt. & San Francisco Paul & Duluth Do pref Ist pref pref Paul Minneap. & Manitoba. Southern PaclflcOo Texas & Paciflc Union Paciflo Wab. St.L &P.,P.Com.rcpt8. Do pref. Sttacellaneons Stocks. Colorado Coal & Iron Consolidated Gas Co 58 109 109 II6I4 II6I4 381a 385$ 15% 16 57=8 19>4 5838 1914 32% 33% 30 30% 80% 82I4 PaciticMail Pullman Palace Car Co 5714 58% Western Union Telegraph 67% Delaware & Hudson Canal... 99=8 10038 Oregon Iniprovemcnt Co Oregon Railway &Nav. Co... 107% 108% Kxpress Stocks. Adams 142 American '110 '63 United States Wells, Fargo & Co 128 Inactive Stocks. Atlant!c<fe Paciflo Boston & N, Y. Air-Line, pref. Cedar Falls & Minnesota OBntral Iowa Clncln. Ind. Ht. Louis & Chic. Olaclunatl Wash. &. Boltim're. Do pref. Cleveland APlttshurg EUzabetht. Lex. & Big Sandy. Harlem Manhattan Beach Co 658 76% 4538 1936 6^8 21% 21% 17% I8I4 45% 46I4 S's 34 76% 77% 44% 4579 19% 20 '678 7% 21% 21% 17% 4538 838 6758 144 111% 65 130 8% •100% 102 18% 1914 19% 20 37a 6% •22 379 6% 136% i35% 135% i35% 92% 92% 91% 122 121% 122% 121 11338 114 113% 1137e 115 144 144 142% 143% 9258 9358 Oregon Short Line Pltteburg Ft. W. <fe Chicago. Quicksilver Mining Co 33 pref 111 Alleg., receipts.. i35% 92% 121% 58% 30 30% 31% 31% 29% 30 6% 638 1479 15% 90 90 1258 1338 39 ' 3138 6% 14% 31% 6% 1479 •88% 90 13 •37 13 39 135% 135% 135% 13658 17% 17% 17 17% 10% 10% 10% 1078 88% 89 87% 88% •95% 96 93% 96 45% 4638 52% 53 125% 129% 129 130% 4638 467b 81% 81% -67 70 '91% 93 79% 80% 07 67 •91% 93 9 20 9 87a 878 3379 3438 78 78% •77% 79 4578 43% 4478 20 20% 20% 20% 4479 20 33% 34% 19% 19% 7 21 7 21 17% 45% 46% 7 7 20% 20% 1739 441J 2739 45 ' Highest. 68% July 14 47% Aug. 9 57% Mar. 3 24 4479 Aug. 4 4 18; 7 May 6 13% 13 Apr. 30 21% 20 8% May 111 15% 270 ,138 May 17 140 2,737 128% May 15 140 300 1,163 1 113,325i 825a l,616;il6 114 Jan. Jan. Feb. 8 6 13 Aug. 11 Jan. 5 May 4 9639 Jan. 2 May 3125 Mar. 3 4 llC6a JnneZl Jan. 18 144 Aug. 9 May 14 131 Feb. 17 Mar. 24' 15% Jan. 5 50,014|i04%May ^ Mar. Mar. Mar. Mar. 36% Aug. 7 24; 24 50% June 18 24 116 June 18 24 61% Aug. 6 29% 30% 6,600 207e May 3 38% Feb. 17 129% 130 128,005 115 Jan. 19 135% Feb. 13 30% 3138 5,285 21% May 4 31% Aug. 13 6% 6% 12,192 438 June 25! 634 Aug. 7 1459 1479 7,600 11% June 24 1534 Aug. 7 •88 90 600 67% Jan. 29! 90 Aug. 2 15 May 4 25% Feb. 1 •11% 13 8,515 Jan. 16 1338 Apr. 19 8 38 100 25 Mar. 231 37% July 20 136% 136% 1,420 135% Aug. 11 143% Feb. 9 17 17 2,067 12 July 17 2878 Jan. 5 10 10% 1,390 7% July 15! 18% Jan. 5 86% 88% 79,023 76% May 3 90% Feb. » 95 96 2,041 80 Jan. 20 100 June 21 4434 46% 31,723 335a May 3 47% Aug. 6 1,300 32 Mar. 25' 56% Aug. 3 130% 131% 12,709 120 Jan. 2 131% Aug. 13 38 38 4,700 29 May 19! 40 June 23 79% 79% 3,720 61% May 4 S3 Aug. 3 200 22 Jan. 28! 71% June 3 91% 91% 500 50% Jan. 18! 95 June 10 20 20 4,400 16% Mar. 24 23 June 9 45 45 2,700 40% Mar. 24 51% Jan. 4 31% 32% 53,250 21 May 3 33 Aug. 11 10058 109% 3,033 100% Mar. 24 11439 Jan. 11 •14 16 11 May 22 17 Jan. 5 '61% 7,900 43% Apr. 29! 05 Aug. 7 109% 110=8 40,630 98% May 4,11138 Aug. 11 869 868 1,027 4% Mar. 24 10 Jan. 5 19% 19% 780 11 May 41 23 Jan. 5 33 337a 68,895 22% May 3! 3438 Aug. 11 7659 77% 2,300 50% Jan. is! 78% Aug. 11 4369 4436 33,125 30% Mar. 24| 47% July 28 -19 20% 3,015 15 Miiy 3] 21% Jan. 4. 679 678 980 6 Feb. 1! 8% Jan. 2 •20% 21% 1,600 17% Jan. 25 24 Feb. 9 3,165 8 Mar. 25! 18% Aug. 9 44% 45 10,880 25 Jan. 25) 47 Aug. S 27% 27% 10,490 22 May 4! 2958 July 27 5978 60% 26,507 53% Mar. 27; 62% Aug. 6 2,510 1938 May 3, 26% Mar. 5 233a 237e 1,210 13% Mar. 24 19 Jan. 4 32% 32% 24,895 25 Mar. 24 35% June 21 26% 27% 10,025 16 Mar. 24 27% Aug. 13 26% 26% 34,710 18% Feb. 5! 31 Mar. 8 1 1 i 1 1 1 1 •128 130 •128 •8 866 8 '100% 102 100 130 8% 102 128 8% 100 18 18% *16% 18% 19% 19% 19 19 '18% 93 94% 379 379 3% 378 379 639 638 578 6% 6% 20 •235 208 5% 34 5% 26 9 9 34% 35 Louis Alton ATerre Haute. South Carolina UWca & Blnck River 120 123 Cameron Coal 17% 1778 Hew Central Coal Tennessee Coal A Iron. 66 56 • 9% 17 12 1886. Feb. 17 382,135 652 120% 1,550 9% ^ 2,500 26% 57,955 35% 112% 109% 110% 109% 109% 4,110 97 59% 57% 58% 57% 58 6,545 43% 129%1305e 128% 130% "4% 35 ".5% '32 148 130 208 84 148 35 128 130 102 '100 •14 19 102 18% •18% 19% 379 •359 6% *5% 4 6% •20% 24 '235 •32 18 3% 5% 7% 102 19 35 '120 "56" "58" These are the prices bid and asked ; no sale wlas 123 17% 17% 54 '120 123 17% 17% 54 made at the Board. 7 »6 340 1,100 11 13 700 70 3% 5% 1,010 472 60: •30 120 1759 4% June 11 7% June 19 Aug. 2 Aug. 4 Juue 30 31 .>40 Ausr. 12, 132% Jan. 34' 204% Jau. 35 35 1734 July 9: 21% Mar. 144 340 100% Jan. 20 109 33 123 5 June 22 9% Jan. 5 Apr. 30|101% July 23 Feb. 13 19% July 29 Mar. 24 23% Jan. 5 Jau. 18 95% July 29 2% Juue 10; 310 14 107 •32 41 213% Mar. 11 107 Mar. 20:130 May 1461^3 Jan. 11 153 16 Mar. 24: 22 •20% 24 11% 11% 18% 18% 150 119 3,710 19% •31% 32% 147% 147% 148 148 •5 •5 7 7 26 27% •24 27% *23 32% 33 "5 •100 14 128*4 2-10 14 142 108 128 7% 8% 23 250 20 Richmond A 61 12678 12679 12656 12679 126 126 •13% 14% 1379 14 •13% 14% •32 •32 •32 85 35 35 48% 49% 4739 4858 47% 48 14% 14% 141% 141% •140 106% 106% 107% 107% •107 ife Bt. 1,520 1, 28I4 27% 27% 28 28 60% 61=8 6058 61% 60% 61% 60% 61 24% 24% •23% 24% 2459 25% 24% 24% 16% 17 •16% 17% 16 16 32% 3378 32% 3338 32% 33% 32% 32 79 25% 26% 26 27 26% 2li% 267g 26 2578 26I4 20% 26=8 26% 27% 26% !7 '140 150 140 150 75 Miir. 1150 July 1 30% 31% '30% 31% 30 30% 28% 29% 28% 29% 4,069 27% Apr. 6, 33 Feb. 2 5 338 Jan. 10 5 Feb. 15 4 5 "74% 74% '73 74 100 25 Jan. 18: 79% July 8 75 28% 29% 27 2836 18,725 17 May 5l 29% Aug. 9 2S% 28 29 27% 2838 27 57% 5S% 57% 57% 53=8 5878 57% 58% 57% 58 9,700 37% May 5' 5S7a Aug. 11 110% 110% 110 111 110 110 670 97 May 5 114% July 15 110 110% 109% 110 50% 51% 50 47 50 50% 47 2,752 37 Jan. 15 07 Apr. 13 51 49% 50 '108% 109% 109 109 279 99% Jan. 26:114 June 16 109 lOS'e 10876 108% '1087a 109% 115 115 113% 113% 800 106% Jan. 19 11878 Feb. 25 115 115% 115 116 3734 38% 38% 38% 3838 3878 3779 383e 38 2,045 30% Mar. 17 41% Apr. 24 38% 1576 15 1578 16% 15% 11% 15% 119,502 7% .-^pr. 301 17% Aug. 11 15% 17% 14 57 57% 57% 57=6 50% 57=8 56% 567e 55% 56=8 40,230 44% Mar. 24: 59 Aug. 6 1838 19% 19=8 15,880 12 May 14l 20% June 23 19 19% 19% 20% 19% 19=8 19 3238 33 34% 28,206 2338 May 20| 35 Aug. 11 33 34% 33 32% 33% 3369 35 2979 30% 29=8 8,100 21 May 4 30% Aug. 6 29% 30 29 30% 29% 29% 29 79% 81 80% 81% 80% 81% 80% 80% 79% 80% 18,645 747BJnno 3111 Feb. 8 9958 100% 9979 100% 16,681 87% Jan. 18 10S% Feb. 13 9979 1007^ 90% 100% 99% 100 21 21 2178 21.7a 2169 2158 1,557 16 June 8 31% Mar. 6 21 21% 2279 23 107 108 106 106% 4,417 93 May 4 10934 July 23 103 108 106 107 106% 107 56% 5778 57% 57=8 50% 57% 56% 5H79 56% 57 24,633 49 Feb. 231 07 Jan. 2 135 135 13434 134% 135 136 335 128 May 3 13779Feb. 9 133% 135 66% 67% 66% 67% 66% 67% 60% 66% 66% 6669 36.545 60% June 9, 7579 Jan. 9 '142 144 140 143 190 141 June 1150 Feb. 12 142% 143% 142 142% 141 143 110% 110% 109% 111 212 101% Jan. 2S, 111 .\ug. 10 109% 109% 109 109 •108 109% 64 64 287 51 May 15: 60 Feb. 26 65 64 64% 64% 64% 64% 61% '63 25 Morris Do 9% 17 •10 122 27^8 i & Essex Hew York Lack, Western... Hew York New Haven & Hart. 878 3338 Lowest. 44% 10,975 34% May 54% 54% 16,870 42% Jan. 43% 43% 3,785 38 Mar. 17 12 21% 21% 21% 21% 20% 21 4579 46 45 45% 45% 40 3138 32% 32% 33 31% 32% 111% 110% 111 110% 111 109% 110% •14 15% •14 16 6378 62% 64%l 02 63 63% 63 111 110% 111% 110% 11138 110% 111% 9 2118 3368 6658 1886. ' IHI4IIII4 Bt. •10 Shares. 6638 4379 5479 21 21=8 451s 47 3138 32 Missouri Paciflo Mobile & Ohio Kew York Central & Hudson. New York Cluo. & St. Louis pref. Do Kew York Lake Erie & West'n. pref. Do Htfw York A New England... Hew York Ontario & Western New York Susq. & Western. .. pref Do Norfolk & Western pref Do 112 •11 17 12 146 Week, Aug. 13. 66% 67% 45 17 •9% 10 17>4 Istprel.., 2(lpref... 6714 55 Friday, 1, Range since Jan. Salee of the Thursday, Aug. 12. 6738 4513 43'8 43% 44% *17 •11 12 ll^e ll'e 145 I4514 14514 14514 Chicago & Alton 135% 135T8 QUloago ISmllni^on AQalncy 136 ISO's 9314 9414 92% 9358 Chicago MUwaiikee & St. Paul. 1231? 12213 I2214 pref. 123 Do Do Do Wednesday, Aug. 11. JAN. XLin. 120 123 18% 18% 3001 19% May 135 141 100 4% 100 20 200 2 310 27 100 10% Jan Jiino May May June June e Juno 8 June 1 Mar. 3 33% July 28 Mar. 6 8 Jan. 6 18 .ill 8 2 1,10 •-» IV y 29 16 120% July 28(125 1,267 9 Jan. 13 21 9 May 4 15% "700 38 Mar. 25 50 24', July 16 10% July 46 2 Feb. 3 Jim. 11 Juno 10 Juue 1 Feb. 15 Aug. 6 AuotTST THE CHRONICLE 14, 188B.J 187 AND RAILBOAD BONUS, AUGUST ({UOTATiONS OF 8TATE 13, 1886. 8TATK BONDS. BXOUKITIKB. BM. BSOtrlUTIXS. a— 103 OUuC.4«,190« 10.aiM.lM0. ....... 107 Arkanaa*— Ss, tondaa.... 10 17 Ti. L. Rook * Ft. a. laa. 17 Ta. U»mf.± L.Roak fUl •a, U B.P. B. * N.O. BB Ta, T«.lCl«a.O.*R.Il.KB. la,Aik»iuaar«Di. RB. — Klaaoarl—8a. 1887 102 6a,An«18i6 „ 104 aa,d«* 1889 or 1890.... 107% Aarl*norl7BlT.,(iae'n 113 Taadlag. 1894-95 118 HananMkl * 8t. Jo., '89. 101 tl<i Naw York-ea. rag., 1887 103 N. CaraUn*—Contlnoed— 8B0URITIS8. ea,1919 17 17 • 118 115 130 ., lll>ilia\ I(.C'aroUa»-«a.oid.J.*J. 35 77 77% FnniUng aet. 1900 I 6% 108 Twinaaaae 9^old.l893.8 65 6« ai,Baw,lwi«.1900 23 6a, oonsol. tionda 8a, eX'-jiatar«d coapou. es, oonsol., 3d Sanaa.... 8^ 110 ^p'Mla«.3.4.8.«a.l913 106 102 79 47 47 100 54% 65 13 6a,detarre<l DUtriotoi Colnmblk— 8.85s, 1924 Fnndlng 5s, 1899 85 75 •LB«ran1aa,1914. 11 Saw bonda. J.AJ^'M-S' I 101% ISO 8s, Don.fiindabla, 1888. Blown eonaaili ea, 1888 Hetllem't— 68, 1913 1013 1913 Virginia—6s. old 8a, new, 1886 Uhoilc I^•!.— 6s, cp.,:S93.t Sotuh CarollD*— < - Ss, 3», Ohio— 6s. 1886 i New Ask. Sid. Tennaasee—Contlnae A 10% 10 100 128 Snoolaltax. (.'Usa 1 Oonaal.4a, 1910 •a. loan. 1881 6>,lau, 1899 la, loan, 1893 91% - ^^^V7a. «Ma..l»14 BKOUSITIB8. Aak. Bid. .». Ai>taa*-OUM A. ISM. 105 ~. lOTV B,«a. IBM 13^ 119% RAILROAD BONDS. 8BCCBITIK8. 8BCCBITIE8. Bid. Ballroad Honda. 8a, l»ll. tat. »«. 19ia 85% TITlll •130 !4%! I.aadTaat.3<•^ I B. A.. Alp.-Iat.8a U.-lst.7a.l800 ': T.Va. « laL eoos.. 5>, Traat me. Ki «p.lt la 13. Tr. r«c. [M*lalaaal5s.I'J30 ^UtLCA X.—•).f.aab..c.C«, !«t. «». ' I ' I 'tmSVitltli'. iVi" '::;:::! iiJw 8d,7s.Vm" M. L. Jack. •118 V V Bsk^^^^ la. DI».-». Waklnftu: Ssarar Ulr.- .•. 1 ..... 1 ka<II.J.- '»••• ,ti t .tM ' lal, 7i. .! . ti :.-.. .-. d iLOoa.— lata. ia. (»eM.3%s. 1951 HBd.DlT.-Co lat.5a.LaC.A bar.: V».>*l»B.I»i» 98 78 00 1900 11 ' fraa4.»4,l'< A " So. Par. of \rtr. -I-l. 124 - II- "laol.. Sa. 128% 1V3 iu3-a KB. — Ul.7..«S k7a.li": Uo P. H.OiAMnli MiK ^4 8a. \v iis-^i »*.-. '8. Wis- — l«t, i.<. 111.111 I lat.'t« '• '1 4M81IM.I..AP.- S^AW.Iad.•aalanrt CM«AH< . >:' : Oal.Ai>r OaLH.vai.A im.— i.- ..lat-rta lu:ll>' A' 1119 1(13 Bi.f'iiui.nKc— i8t,6» N l;'07 .'... lBt,eon»oL,ea. C.Br.D.P.-l».. 92% At J 10<)% 107 I Hid Mo. Vt; .1 KneAW.-ls«.8a,t»19 «aada«kT lMT.-«a,l»l» .*(. IC) (;aM.aiild.8a.l9i<< 1- Co .tW 1 at, Jt.. 7s, 1- aw a*.*»ntj«4 .««a tMdar tbaaa ata Tf -, I. laiaat 114>j ,. Clam c, iW.. i!»7 .. "'1 ' 1 "OT 113 115 .01 7i •96 118 121% 106 "82% 82% 90% Income '• '•• < "1 TrUHt <'o. rrcrlpls A Ijlko WIlkuMli. 23% '"">.. E.! Loll. 'ot" Nt, i;», i;)ii'. Itondn. Coal-'«> RA W.— Inc., 7fl,'9li A 117% 36 '«i% 40 -39 29 "33" •90 23 H, A qacrUUana mada UUa week. exAnr-cp. t*r. 110 '-r 6!i 34 30 79 (U Tr.r. — Kv liic.,111'2' ETansv.DlT.- Inc., 102i 103% Roch.<tPllt»b.-Inc.l»'21 Rome W. A Og.-Inc, 78 103 80 Car. Rt.-I nc. fls, 19.S1 «t.UA.AT.H.-I)lT. i.'i * 7^,'1HI "II Peonal>.<t 1:0 •103 Tex..> Oon»oi..ii«, nm.'.i laoome id. irr.- reg. moo., 8a, Ante. ep. nn m. ..Iiii- I 101% 64 70 «H% 57 95 24 IIH'-. il8"' '•105 •105 . 0#»n. Mil, 29% '56" 117. oan. mo; Bo. Par Kn- Do Ijlf HI .t'M.in Mn>' 100 lUjiniI 102% 101 • sx.cp..8,7,A8l 65 85 113% 107% 101% •93 114 100 Hand'kT I)1t.— Ino..l|i2(i • 111% 111% ' 107% Or.K 96' Ft Mas.Caal.-lat.7a.1011. "81% 08 96 So. I'ltu. 105 .68, 10J% 4MLil.orATax.-i CaablirtiiOo.-?* (ataa. Bla*.— Iat.8a.l9u«, 2iil8a.Ia«« id' 111 121 —7.. HW»I 'i't'li'i/riinli - 1 SCIaasH. IWM r; 94 111 »rt% U* riin..lue.,Uf Ind'Bl>rr.(V .•^p^'(l— 2*l,lnc. 2d,78,lH91 St L. AH. P. -2<l, «8, CL 8a. BL A M.-lat,8lLl»19 103 .oajaT.XAIb.AC-lai,asl 7i Ini1.1il..t\v. 3d,7B, l9lHi Pac. nl .Mo— lst,0a Ala.—H.f.Ua,t)>ll). A A L - 1 ai,8a. imM -lat, 7s. 1000. res • 1 lx>nlar.C.A I>.-«a.li>:41; 103% lot rraat bands, 8a, 1933. Psoa. ! Chi. 118 107 Or UU 1 l04O.8a,l»2t 83 adlT.,08 Atl. * AtCtP.-lal.i UDIT.— Ist,(te.ltf31| 56" M, la. 1980 123 KwhT.AIMe.— lsl,7a A !( V •95% '1 >tl. H. ' W.s; 106% •112 lat, 68, 1808.. I>enT.I>lT.e8,aa8.,^90| •116 104 91 ils Xana. Pao.— lat,U*,'U5 '.15 _ ulalMr.— »Ja,l'.i'_'"l • P.An.r.-l.t.»la,l»i»l ' "",.IU.-l«t,afror . io4' 121 ' I C%rtl8a l'Jir^a.1907!' M. 78. . iV4%'ll5" inil .U.A)(.B..|«1 <>..««• .«alav.A It.—Caaa, 7a.'imi 130 <. OmahsDlT.- lat, -104 So.Pac.ot.V.Mfn l-l.i)« 104 116% 116' Union Pacini -l.t HOi'lOS LandKrant.,? 121 •. Slnklnc funil, ia, 1.1. 120 Vjml.M. 1H9:i. CfMlalfral Tniat. )!...., 1 -M.ll'l,-lat.7«.;i7 . A Xaplea— l4t,7H Han. BUUK.C.AN.— K.e.7fl Clar'<laBr-6s,1919 106 91 112%] l|lt8... Ti.. 1-1, .« •119% 120% West .^iiiin*— iat.(rn«r.,4B 'i02% loa^a No.R'waj 11 .li \W 123 113 Ho. Pac. ipf inl -l-i. i;a. wro8t.Un.TaL— 78, 1900 :::i::ii'»<j% -1. . 61 8S Q.ATol.-lBt,7B, l*.tn Ill.AHo.Ia.— lst.ei..tl« Landgr.i Waat. Par ;2tf ..-, 1 Ul no ' -DlT.baada p..l«L7a.| jCoalll.-lsl.»> N Oil. .to: . ~ " 116 111%, 114% lis Kal. W. PWraso-Ut IMI. >L AT.— I at.7a. IMMi - I'l'Jl.. , Bqalp'ttKl«..7«. '8.1. Conaol. oonv., 78. 1007 Ot. W«8fn-lat,7B,^88 10B% ua '4.1930 lat,6a lJi% Ixla.T. Cblo.a - ii*i. :•-"'• 118% A., 7s A 91% -^:.\ i;» U|.(!,:M01% Laka SlMra A Mlrh-aa.Hii«.AKrta-Naw 3»Taan4a»»ta,te' BseaaabaAL.n.-l. DaaM.AMIn-^P -1- Wla.* I. 2d. 7b. inn;t KB«ST!Aa-4at8a,lSw Clvra. P. Mtak-K •-•l. OiMroJI lliv.— If.*, 55% ... Waba«h-Mor 78, 1 000 82 Tola W.-l«t.oxt., 7b 112% 1st, St. I.. Dlv-.,7ii/8 99% 2d,ext., 7a. 1H93... ibl 106 78 94 I 00 CalroDlT.—5a, 1931 111% P9% I "eT i'o'i" 73% 90 :o3% 91 Kaatani DlT.-da. 1921 niluuap. D.AHnr. -l^uTa. iiLA UC :(o. -I al,4<u(ul<l •::::::i:»!:! li:( CaaBoa,8a, 1900 .. A Rartkwwt.- . ll«% lat.pi<!{..T>, 2d.54a,19a« Va«> A aa. Sa, Aaaa .r. Truat Co. rfceinia ' il iiio' iVf ! lal. ft^a. I Wla.AMlB.DI>.,5«.l TaraiiaalBa.l9U. I<»w»Ml.llaii.t-l.| '. :nd.BLAW. 1 C.AUMap.lMT.Sa. H'. >130% 119 OaAr "91% 93 109 Dab A ' "95% "97" 108 •119 163' Oel.t I Oklo.AP.N\ jlla'IPt. Wt..',. : ioo»i 40<a '78% Hablna UlT...lat,6s.l912 • ' 80 •78 Trust Co. recolpta :iO'. 119'. Isl. H. A D., T kAPae.6; Psnioaiil.t ' lfiddlaDlT.-itac..fta... 10s ; CHCUA !(.0.-faajL.Ta| ' 1 im)% i:»% A W.-lat. 7s, 1917 Va, Mid.— X. lac, 6s,1927 Wab.8t.UAPac.-«en.,as 110 8a. IHtw*..,- 1911 1st, 78, Tol.40.C.-let.i».,58,lP36 •Pol. P. lis g 18a Tol. A. A.A O.T.— lst,68,|r. 107% iVs" Tax. A N. O.— lat, 78,1905 123 M IV51... Oeneral, 68, 1921 T«x.Cen.-lat,s.f.,7s,1909 101% lbs"! -;% 77%' :oi . ttai 121% 12a Wl^i BsT Sodas BarA 8o.-lst,5a,jr, 100% 100 lUS 106% mi (aSrKAir.Tas.-lai.7sl al. C. A asol. T 1.7s. !..« I' r.«' f.^, n. Vf. HIT., lu. CMa. WaeaA Mln^s Un.-lat, ,.-- 109 '}J1!? lif 118% il3 : Waat«n, 3d. aaaaaM.Mato Uaa. Hi Ml aL 8a. « -.l,I..t , r»i f. - lat, Ist, laLLa a».l. « I ttniit- 1 Kxt.-«a, 1910. iia'* SkP.A OaL-lBt,Sa,1031 113% 108% 80. Car. H'T-lat, 6s, 1920 110 110% -88 85 9d, 6s, 19»1 <t8 So" Shenand^hV — lst,7s,1909 10« -•JT)..., 1st, 8s M, 8a. 19.1 jai,^'r< B.—Caa.r'1 Aa.irkAlap.-:u.i Ma. MU. A »t. P lat.i«a. P. U. l>t!H td.7 8.1— > DakoU 108 117 latconsol., 6s, cp./103:i I , 95% 9« lBt,6a« Ill) r'lilurSr.A- itr.' BolloT.A Ho. III.— lat, 8a BeUoT.ACar.— lat.Os, 33 110 83% SCP.SMnn.A Man.-Ut,7s 114 130 1*0 9d, 6a, 1900 9S '«..8a. 110 < no lis 97 I "83% 'bi" olpn 70" 80 106\-_. 07 113% 113% lie Cairo A Kalton- Ist,7a. Cairo Ark. A T.— lat. 7s I .aLHar. A O.Aal.-lai.aa! 108 -l.Kar.A8. .-. m' [.''-UWaiMi Mt.— 1st, 7s. Iron Osn. r'r A l.irr 5s,1931 9t.I.. Alton A T.H.-lst,7s 116 135 111 2d,nr«f., 7s, 189« 106 136%! 3d, Income, 7s, 1894 81 u'J:< A ua 104 Arkansas Br'oh— Ist, 7a •13 iti;7a! ntAP.Kai^->i.6a.l»20: li2 rXW.A OaaTc-laLOa... 84% C.B.I.AP.-9.. Mna^.95 .a,1910 ML Vam'B-lsl, Xa. 1'8« KTaaa.AlB4»a.— 1st cuds im luu . Plata 4a. 1V2: BXL A Col., Kaak.AOM ,, 1. 117 Bt.A T.n.-lal.eons..iU ( Harlffrn- lat, 7a, ooap. BlKT. -l.t, 7a, luM NY. 197% 108% 1937 3d, 7a,lH97 i03% 1 iS7 ax.r.A t.-iiL7a4U8 M. Y. L B. AW.Z|r»M8a j.Aw3rwMtt Mt. L. :06% o«rta.,extiL 5s CAil -l«l.op.,7a 136% 137% 111% l>eb..Sa inot 1 l«a«I>aet ,t 180%' 129 ctiat.ASt.L.— lal.7a a. 1901 •i'ss'^: Caatnl-«<, 1887 Kaor(., 11§% 8a, Inoomea, 1900 8oloto Val.— 1 St, cons., 7s. 8t.Jo. A O'd Isrd.-lst.ea 116 139 7b.191'< I ...idifi; iVo" 90 100% 114 107 ids'* DAbantara M»-r«n% la.AT.— lat, Oa OMlwAAItoa- (la. AU.ACh.—lat,pr.,7s."97 12t IM. BstMBlaa. 6a, 1937 'ioS" at.1., A Cairo—U. guar. 73% -. 180 19.'»2. Y.-lat, I 111 116 Nawoa. 109% Blob. A Danr.—Ooni.,<.,0a 95% 83% inooma. 1911 143 RonmW.A Og.-lsl,7«.'fll ix>iucvnU Imat. 8a, 1 899 a.6ab 19S0.I '113 108 141 136 133 A Tol.— lat,B8 110% MoK. A 105%' Con., Ist. oxi., 6s. 1922. 98 Rooti.,tI'llt.-lst,8s,1931 83 Cc>n.uil., l«t, «8, 1933... 113% Rlcli.<t AllsK.-l't, 7s,1930 Trast Co. reoalpu 104 \la.-la(,7s,-90 '.'lio— R'y—6s ot Pina C-k Pitta.CleT«. Pitta. M0.B.A T.-O«oLjia,lM0 ' •~1.4%«.19n. 1I9>. 106% 107 8£nar..7a,1898.... iiio' Oaaanl.5a.1930 Con*.. Ta. IMi.4.8 »i.ABI«HwuiT-6a. iO»% aiaktulaiHt. 133 > tiiw Kit lat.7a,1910 Pac. Kxt.-l«t. 6a, 1931 Imp. * E'iulpf-Os.1983 lUnn.A N. W.— IsLSiLCld. 56%::;::: 1980 130 — il 123 99 lUO •91% 93 107% i:o A St. UV. AT. H.-lst,R..7s 9d. 7a, 1808 :.... il 75 39 I PtW.AC— 117% -lat,7a,1909 108% BarC.A i><!4. Pa.Co.^Sfniar.4 %s,lat,op Plt:s.C.ASt.I..-lst,o..78 Pitta. l8t,7s Sd, 7s, 1913 8d, 7s, 1013 Cler. P.—Cona.a.td.,78 4Ui. a. („ 6s, 1892 116 1934 >%, c.tis.l93J : .,.-lsl.7s.l9«7l 83% •81 M> AMarq.—l»L»a <)s,1931 ' Xli A«' I t>a« If lat,5..Hf: Baff. N. Y. .t "IH ' ia.1. Tnat C*. raoatpta .... ic«%,uos t 8a.Pk.A PMi.-lat.7sl 81 1 83% 84 0*B.<AlUaO. WaaC— lat.8a -8* , 111% :i4i '122 I PennaylTunlA 104% 104% 105% 108% 119% Jack. Lan.A Sa«.—6s '91 SlUw.<t Vo— lilt. 6a, 1910 Isl. •- :>anT.ABloOr.— l<t..Ts.. la<,aM<oL.7a.igiO kOMTAW. Coop. SsJioSlV." . — A 1. 183 Pa.Co.'«4%».reK.,1921. lUi 1 at.eaaa..(aar.7a, 1906 I at.oona..c«ar.8a,1906 Baaa. tlar. 1 si, cd. .7a ^ajs&."r:'..'.''.': kSI.L 121 SECPRITlBa R R.— Aak. Bid. XlelLCent-Con«.7s,1908 131 OmaoL, 5s. 1903 ;118 1 laCKDlT.,c»..7aJ917; US 106 Alb. A Snao.— latTlt.. 86 BBCURITIES. Ins • lat.aBL.7B.1891 CoavOT/Za. 18»4 Makiac Paad. Aa A PM.llWWi » Bid. !i A Hod. Canal -lat.7s Dai. Ht.Ja. A N tOoapoaaoiL .1 38% 40 68% l.lat. CIn AMp.-l«t.<:.C.A JeiriTi.iin "9'8% 27 H brts. "•rtlBl.-2d, Ino Frpp 56 74 71% 78% lis I.,7' UH.-1bI,7«.'H1i Mmilh'ii.1>U.8n».(l"'» 01% 98 >. THE CHRONICLR 188 New York Biuk Stwtk COM PAN IBS. Marked thus (•) not National Zfi Olty OonUiiental Com Kxchanxe* Kast River Kleventb Ward* rUtliAveuae* First ......... .. Gallatin Oartleld Germanla' Oreenwlob* Hanover Imp. 4 BIO. PRICK. OOUPANIBB. Aak. Par. Bid. BBCURITIBS. BOI^TON. St.] Ask. A Topeka—Ist, 7s. Land grant, 78 Traders' Leather Manof'rs'.. Manhattan* Market Mecbanlos' Keohanlos'A Trads' HeroantUe Merchants' Eioh... Metropolitan Nassau* New York Hew York County S. Y. Nat. Bxch.:.. Ninth North America*.... North River* Oriental* Faolflo* Park People's* Phenli Bepabllo Bt. "Nicholas* Seventh Ward Second Shoe* Leather State oJ New York* Third United States 100 100 100 100 26 25 100 100 100 30 SO 100 76 100 26 100 100 60 100 60 100 25 25 100 60 60 100 60 100 100 100 100 70 30 26 60 100 26 20 100 100 100 100 100 100 100 40 100 170 "s Ul Amer. Kzohangre ... Bowery '.!be 187 120 160 200 Broa<lway Brooklyn ...... .... Citizens' City 3200 120 iM s66" 170 171 117 183 12U 110 650 1076 133 iss" 116 106 166 157 165 130 128 130 103 163 140 Uerman-Amerioan . Globe Greenwich ..— 166 i68" 210 26 100 16 60 100 Isl'd (B'klyn) Manalac. ABuifd.. Mech. <fc Traders' .. Mechanics* (Bklyn) Montauk (Bklyn.)-Nassau (Bklyn.) ... N. Y. EqxUtable.... N Y Fire Niagara North River Pacific Park Peter Cooper 167 140 125 17 100 50 60 .. 40 80 Kings C'nty (Bkn.)* 20 Knickerbocker 30 Long 107 126 130" 118 117 107 "a 13 Farragut Firemen's Howard iio" 6lHi "ai" 130 202 ISO 117 120 126 125 Eagle Empire City 109 200 106 150 285 137 CoBimerclal star Stuyvesant ......... United States Westchester WilUamsbars City. 160 90 97 150 145 170 177 180 il5" 120 116 yzo r^5 117 35 80 216 '221 236 246 UO 86 96 1U3 120 125 80 lUO 260 280 133 140 110 117 216 230 76 70 110 114 130 136 I All 140 80 75 118 126 210 220 95 87 96 85 UO 120 16 6 90 80 60 110 112 90 100 110 148 95 87 165 165 So 80 150 160 100 106 160 166 105 100 160 180 100 105 141 137 120 125 103 100 65 80 60 70 110 117 135 140 125 135 230 246 IB6 60 100 26 26 17 20 70 100 60 100 40 100 80 60 89 60 100 25 60 60 60 60 60 37 "a 36 100 60 26 26 100 20 60 60 25 60 100 100 26 26 10 60 68 nou-exempt Cam. 108»i 4s 119 40 87 1» 88 102 103 103 'e 104 56 Incomes J Easi'rn. Mass.— 68, new.. 127 1271a 125 Frem.Elk H.AMo.V.-Os.. K. c. Port Scott A G.— 78 il9' K. Olty Lawr. A 80.— 6s. 112 K. Olty at. Jo. A 0. B.— 78 1271a K. City Sp'rt A Mem.— 6s 110 K.C. Clint. A Sprlngf 6s 105 117 Little R. A Ft. 8.-78 09 Mar. H. A Ont.— 1925, 6s. Mexican Central—4s 4OV1 40% 39S4. 40 Scrip I 7s Income Serip.... Debenture, lOs N.Mex.A So.Pac— 78.... N. Y. A N. Bngland-78. ds 2ds, 68 , 10934 107 If 103 36 Ogdensb.A L.Ch.— 6s Consolidated 68 Incomes Pueblo A Ark. Val.—7s Rutland— Ist 6s i-. JI27I3 nioig 111 • 97 58 Sonera— 78 1031a 911a iI02 Wisconsin Cent.— 1st 2d 8erle.s ser. 46 STOCKS Atchison A Topeka Boston A Albany Boston A Lowell. Boston A Maine Boston & Providence 193 Boston Coil, ife M.. pref.. Boston Revere B. A Lynn California Southern Central of Massachusetts Preferred Cheshire, preferred Chic. A East'n Illinois ... Chle. Bnrl. A North'n Chic. A West Michigan.. Cleve. Cinn. Sandusky Canton Cleveland Preferred Cln Col. Spiingf. A Gaa and City Railroad Stocks and Bonds. GAS COMPANIES. Par. <fc Co., Brokers, 49 Date. Amount. . . 1,000 Ill' Scrip PeotMe's (Bklyn.) Bonds Bonds Williamsburg.. Bonds .. Metropolitan (Bklyn.) Municipal— Bonds Tnlton Municipal BoilQS BQslUble Bonds 25 Var'e 10 1,000 Var's 60 1,000 100 1,000 100 100 1,000 l'9Ja'el5,'86 May l>s Julyl0,'88 3 Var's 2 M.&N. Quar. 1,'~~ 1902 3 1902 July!, '86 2iii!May I, '86 lis Ju'el5,'86 M.&N. 3'i,May 1,'86 Apr. 1.' 86 A. X O, " Qnar. Ask. 5,'86 113 '86 73 Juyl, 2>a M.&N. 1,500,000 1.000.000 700,000 1,000.000 400,000 130,000 1,000,000 1,000,000 1,000,000 750,000 3,000.000 300,000 2,000,000 1,000,000 May 6 3 5 Street.] Bid. * Brooklyn Oas-Light. 26 2,000,000 Vai 8 OlUzens' Gas-L.(Bklyn) 20 1.200,000 Var Bonds ; . 1,000 260,000 A.&O ConsoUilated Qas 100 36,430,000 Jersey city ife Hoboken. 20 756,000 Qnar. Metropolltau— Bonds ... 1,000 700,000 F.&A. Mutual (N. Y.) 100 3,600,000 Qnar. Bonds Nassau (Bklyn.).... WaU Apr.20,'86 A.&O, 1900 Julyl,'86 M.&N. 31a 1888 3 3 Jtayl5.'86 J.'&'j' 6 1900 2 "a Apr. 1,'86 6 1899 i 114 75 104 107 81ia 82 150 155 114 117 106 "a 1081a 103 106 110 115 100 102 71 75 102 104 100 183 136 112 115 87 90 105 110 les 164 106 109 116 120 110 113 letmort 100 900,000 J. & J. 700,000, J. & J. 7 Br'dway&7thAv.—St'k. 100 2,100.000 Q.-J. 3 Istmort 1,000 1,500,000 J. AD. 6 2dmort 1,000 600,000 J. A J 6 B'way Surface bds.guar. 1,000 1,500,000 J. J. 5 Bondsguar 1,000 1,000,000 J. A J. 6 Brooklyn City— Stock 10 2,000,000 Q.— F. 2 Istmort 1,000 800,000: J. A T 6 1,000 A Bklyn. Croastown— Stock 100 1st mort. bonds 1,000 Bashw'kAv. (Bkln)— Sfk 100 Central Crosstown- Stk. 100 200,000 A. AG. 400,000 J. A J 600,000 Q.— F. 600,000 Q.-J. 250,000 M.AN, 1 4 7 2 1>. Istmort 1,000 6 Oont.Pk.N.4K.Biv.-Stk 100 1,800,000 <i.-J. lia Consol. niort. bonds 1,000 1,200,000 J. At), 7 Ohrlst'ph rAlOth Str-Stk 100 660,000 Q.— F. l>a Bonds 1,000 250,000 A.AO. 7 I>ryDk.E.B.A Bat'y—Stk 100 1,200.000 Q.-F. 2 1st mort., consol Scrip July, 1886 28 July,lH00 114 Jan., 1886 185 30 118 200 June.1901 107 1914 107 1924 1906 Aug., 1886 190 Jan., 1802 106 Apr., 188G .„„ 150 Jan., 1888 105 109 IO8I1 1 AU)(.,1886|140 July, 1886|l80 Nov..l922illS July, 1886 Dec, 1902 120 AuB.,1886 Oct.. 1898 Aug.,lS86 June, '93 Feb.. 1914 July, 1886 Feb., 1914 AUK.,1886 SOOAc. 900,000 J. A D. 7 100 1,200,000 F.A A. 6 Blghth Av.— Stock loa 1,000,000 <i—J. 2 . Scrip 100 1,000,000 A. 6 tSd A G r'nd St. F'ry— Stk 1 00 748,000 (i.-F. 3 Istmort 1,000 236,000 A.AO. 7 April. '93 «2dSt.ManIi.<)kBt.N.Ave 100 2,600.000 Istmort "1910 1,000 1,200,000 mVa's. a" Sd mort., income 1,000 1,600,000 J. A J. 6 1915 Hon8t.W.8t.AP.F'y-Stk 100 250,0001 P. 2 Feb., 1886 Istmort 600 500,000 J. A J. 7 1894 ninth Ave 100 800,000! Oct. 3 aoond At.—stock 100 1,862,000 J. A J. 6 ;July, 1886 Istmort 1,000 lOO.OOOiM.&N. 6 1910 1.000 1,050,000 M.AN. 7 May, '88 o.9SS"°' BIzth Av.— stock 100 1,500,000 K. A A. 3 Aug., '88 -I'tmon, 1000 600,000 J. A J. 7 July, '90 Third Av.— stock 100 2,000,000 Q.— P. 4 Feb., •86 FA a— 180 110 113 105 200 107 225 112 40 109 68 126 113 120 106 106 100 100 200 110 160 112 ISO 166 126 136 125 136 118 180 115 107 216 110 245 117 4Sla 112 621a 135 118 130 200 108 216 110 220 115 300 Bonds 1,000 2,000,000|J. A J. 7 Jan., '90 ill" 113 Iwonty.third St.—Stock. 100 600,000 Lq.— P. ih, May, •86 240 255 Istmort 1000 250,000 M.AN. 7 May, '83 112 114 ttocka , but date A Bound Br.— lst,7B East Penn.-l8t, 78, maturity of boii *r A Broad Top 67 Hi 8S5 IthacaAAth.— 1st, gld.,7B Leh.V.— l8t,6s,C.AB.,'98 125 Creek— 1st, 68, coup.. Pennsylv.— Gen., 6s, reg. Gen.,68, cp., 1910 Cons., 88, reg., 1905 Cons., 68, coup., 1905... Cons., 5s, reg., 1919 Oil A N. Y. C.-7S, 1896. 7,1906 Pa. Perkiomen— 1 at, 6s,op.'87 PhlLAErte— l8t,78,cp.'88 Little schuylkUl... 5Si« Conv., 78, R. C.,1893..« Conv. 61 Sunbury A Erie—lat, 08% Cona. 68, gold, 1901.... Cons. 68, gold, 1908.... Gen., 4s, KOld, 1923.... A U nited N "si'h, 79 5818 A A . 220 J Companies. . West Jersey West Jersey A Atlantic 58 1< 48 Lehigh Navigation 6l'( CANAL STOCKS. RAILKOAD BONDS. . Allegh. Val.— 7 3-lOs, '98 78, E.ext., 1910 Inc. 78, end., coup., '84 Bait. A O.K. side— CertJi. elvld'e Del.— lst,88,1902 Gap— lat, 78, •Bx.4iTidend. , A Inc Haltlmore A Ohio Is Cen. Ohio.— 68, lst,M.A8. — A Aug.- Ist.. 2d :. Cin. Wash. A Bait.— Ists. 238 Sds 136 1281* 128 116 119i» 131 135 101 1« 107 lis 116V l'28i4 128i4l291« "ir'iib'fia- JlOOia'lOl 101 62 "ei' 62 681a 481a 62 8 Il2i« 6s, Series 6s, Heriea 102^ iio' 101 la 101\ 86 101 1« 129 }ii7" i083« Dlbsi* 8111 100 113 118 130 87 88 S102ig 126 106 108 107 1« 10934 114 112 106 14 1051a 70 '20 21 Virginia 88 2d,pret., J. Wil. 7h t AJ A Weuiou— 6s In detavlt. 123 126 126>9 119 A Tenu.— 68 W.Md.—68, l8t,g., J.AJ. Buar.byW.Co.,J.AJ. 68, bd, guar., J. A J Wilm. C A Aug.— 6s 116 103 B Union UR.— l8t,gua.JAJ Canton endorsed . Per share, 109 A •2d, 120 . 108 101 *T4 40 — 112 22 1« 20 30 ig 32 681a 2d8 131a No. Central 4ia8, J. A J. 66 68,1900, A.AO 22i 68, gold. 1900, J. A J.... .. 1 136 via 98 151 153 132 126 50 6 7 60 61 ij 62 19 66 60 10 la 1st Inc., 5s, 1931.. 12134 1221a 1893. 1905 1111*, ColumblaA Greenv.— lets 11414 lis 8d. 6s, 1887 Bell's Ist pref 2d pref Pittsb.ACon'ells.- 7sJAJ Schuylkill Nav., pref... 114<i Warren A P.— 1st, 78, '96 111 West Chester -Cons. 7s. iis" W.Jersev— lBt,6a,cp.,'96 116 Charl. Col. 56 A 116 113 111 78. Snub. Haz. A W.— Ist, 6s 2d, 6s,1938 Syr.Oen.A Com.— Ist, 78. Tex. A Pac.— 1st, 68,1906 Consol., 88, 1905 Union A Titusv.- 1st, 78. United N. J.— ConB.6a,'94 Western Maryland Erie 80 Phlla<lelphla Norristown iViO Phila. Ger. N.Y Phila. Newtown Reading 13% Phila. Bait.... 63 PhUa. Wilm. A 139 78, cp.off, Jan.,'86 14 RAILROAD BONDS. •i8% Atlanta Charl.— 1st 79 North Pemisylvania Pennsylvania 138 66 137 "s" Deferred incomes, cp... Phil.Wil.A Bait.—Is.tr.ct 1029^ 103 1-22 Pitts. Cin. ASt.L.— 7s.... 120 36 Pitts. Titus. A B.— 78,cp 830 Shamokln V. & Potts.—7f Parkersburg Br 856!ti A Sch. Haven... Nesquehoniug Valley... Northern Central Mlnehill 1441s 32 ser.,o., 1933 Debenture coup., I893t {27 Central Ohio—Com Pref 27 58 Preferred Lehigh Valley Preferred II6HI' perpetual Harri8b'g-l8t,6s,1883.. 1081s H.AB.T.— lst,7s,g.,1890 114 98 1« 90Ji. Cons. 58,1895 Cons. 58, 2d , Preferred 13313 lOSH, 120 1291a 58, — 2d preferred Delaware A Bound Brook 149 49 East Penn.<<ylvania 41 Elmira A WilUamaport, Huntingd'n 129 1888 lOB Northeni 1st, 7s, 1899 Norwich A Worcester... Cons. 88, 1909 15 Ogdenab. A L. Champlain W.JerseyAAtl.— l8t,6s,C, 1771a Western Penn.— 68, coup, S176"a Old Colony Portland Ssco A Portam. 70' 63, P. B., 1896 Ports, at. Falls A Con'y. Gen., 78, coup.. 1901 Rutland CANAL BONDS. 3314 Preferi-ed 9lg Ches. A Del.— let, 68,1886 5 Summit Branch Lehigh Nav.—68,reg.,'84. 20 Wisconsin Central Mort. RR., reg., 1897 .. 30 5.... Preferred Cons., 78, reg., 1911 Worcester Nash 'a A Hoch 8136 141 Pennsylv.— 68, cp., 1910.. Schuylk. Nav.— lst,8s,rg. PUILAOELPHIA. 2d, 68. reg., 1907 RAILROAD STOCKS.! UAL.TIMORK. 49 '< IQis Buff. S.Y. A|Phil.,aa8.pd. {9 BPrefeiTed 91a RAILR'D STOCKS.tPar 18 Atlanta A Charlotte Camden & Atlantic 4234 Baltimore A Ohio 42 Preferred 100 Catawissa- 1st preferred 108^ EaatonAAmb'y—58, 1920 11534 Bl. AWmsp't^l 8t,6a, 1910 118 90 194 133 206 107 Concord Connecticut River Conn. A Passumpslc 109 Det. Lansing A No., pref. 88 85 Eastern 1271a 5127 Fltchburg 20 Flint A Pere Marquette. 5... 95 Preferred 73 Iowa Falls A Sioux City. 72 46 Kan. C. Clin. A Spriugrd 5 Kau. City Ft. S. A Gulf .. 860 PrefeiTed "67' Kan. C. Springf. A Mem. 4II4 421a Little Rock A Ft. Smith. {122 126 Maine Central Honght'n A Onton. 32 Marq. 88 J.... Preferretl. 7% 71, Mexican Central A Lowell Nashua 443; N. Y. A New England ... 8140 i40ia Preferred 1st, 88. • This coin lan sBowa last dividend on Del. — rQaotatlons bj H. L. Gbjint, Broker, 145 Broadway.] Bl'okerSt.<fePult.P.—Stk A A Connect'g 68, cp., 190004 Cons., 6s, 1920 Cons., 6s, 1920 Phila. Newt. A N.Y.— 1st Phil. A R.—l8t, 68,1910.. 206 Istmort., 4ias, cp..l910 192 2d, 7b, conp.A reg., 1893 104 105 Cons., 7s, reg., 1911 1331s Cons., 7b, coup., 1911 .. 10 {9 Cons., 68,g., I.R.C.1911 71a Imp., 6b, g., coup., 1897 25 Gen., 68, g., coup., 1908 Oen., 78, coup., 1908 93 Gen., 68, scrip. g.,cp.'85 74 Perk., scrip, 6s,g.,cp., '86 Income, 78, coup., 1896 141* 141s Conv. Adj. Scrip, '85-89 4 Cons. 6s, 1st 8er.,c.,1922 89' 108 108 2d, 6s, 1904.......:..... Cons., 6 p. c Catawissa— 1st, '78, con. c. New 78, reg. coup Col. Ciu. Mill. 1st m.,68 2d, 7s, reg.,1910 Cons. 68, C.A R., 1923.. N. O. Pac.-lst, 6s, 1920. 43^ No. Penn.— 2d, '78, cp. '96. 8»« Gen., 7s, 1903 6Bia 67 Debenture 6s, reg 67 Norfolk A West.— Gen.,6s 1281a N. R. Div., 1st, 6s. 1932 iiis" 1281-j N. Y. Fhll.A Nor.- l8t, 68 1181s Inc.,6B, 1933 A [Gas Quotations by Gbo. H. Pbehtiss Cam. 97 5, A Amboy—6s, o.,'89 A Atl.— lst,78,K.,'83 Mort., 6s, 1889 126 109 »a Land grant, 7s California So.-6s Cone. Vermdiit, 5a Chic. Burl. A No.— 6s Chic. K. c. A Weat'n-es. & 201 107 100 Truiit, 68 Bur. A Mo.iu Neb.-Ez't,6e 110 Cons. 6s, 1921 l8t,Tr. 68, 1922 Buir.Pltts.A W.—Oen.,68 '78 Murt^age, 6s Mortgage, 4ia8 A<k Bid. Bell's Gap— Con., 6s, 1913 128 Buff. N.Y.A Phil.— Ist.Bs 1261* 8d,'7s, 1908 Atcli. Guaranteed, SECURITIES. Ask. Bid. Plain, 6s 100 Amer.Ksohuige... 100 Broadway 25 2S Central 100 100 26 100 Fnltou Inanrance Stock LUt. [Prices by B. S. BaUey, 6>9 Pine PBIOB. are Par. and Baltimore. (Jaotatlons in Boston, Flilladelptiia Local Securities. L.Ut. [Vol. Xiail. 8 102 103 101 la 1021a 101 104 il8" Last price this week. \ AuocsT THE CHRONICLE 14, 1886.] RAILBOAD EARXIMGS. Jan. 1 BoAoa. WttkarJto Ateb. Bait. T.AB. * Jane A Potunuc Juoa P.. 1886. • I 104.45U' .V l.l!>9.i:<7 3<),7-J» 21. -(.-iM U.".:i.J 60.!t8-.2i U!».«.HS| 3ti,i'j-i iJ'<i;,o7s 1 1.17,->.:i.:i' l,638.2yu :ii'.». i-.'l W wkAuK. : CUo. A aUe.li irkAuj;. 2,1 :I10 tjutt. ' itcwkAnjr. Ohte.MII *8t.P. liUwkAog. *21J0f Okie. 4a7..'><>' 111. & Xorthw UtwkAus, 0kJBt.P.Mlii.*O latwkAoic. Okl*. * W. M leb. IxtwkAnr. Olm.lBd.in.t..f On. H. r, NtwkAo*. iwkJTy Al».<, wkJTy W. Orl .wkJMji TlelBh. dt Mer iiUwkjny neta. Bh. A p. ilbwkJljr • Obk.WMh.ABali nhwkJ'lT OsTJlknaACol Jane OtoT.OoUXAlBd M«y. Ool. Aan. Iflit lihirkJly OBL Baek.T.AT. Juljr DMbai7 A Mor June DaBT. * Rio Or llaiwkAac. OaOT. A B. O. W July Dm. Mo. A Ft.n I'twkAu^. Det.LAo-Tk.vug. • B.ItaB.N raiMT. 08.600 29.(M0 53.754 •6.510 38.507 16.771 11.830 14.409 53,700 ....wkjnj .'. Mmfu • ilawkJ'lr Mmj. OMt|rt«rMiae. Jnoa ttMpdTnuik Wk MfOoLAS.Pr jnjr 31 32.214 47.000 80.476 T«.FWbA&C. tMwkAoK. Tat.Io«*Uo» UtwkAiiK. TMalkUllMS l«twkAur. UM.BIaiiti. lad. !>•' .« W '-•wkAmc. 1.37i.i;ii 88^8 15.314 11.397 10.411 37.545 "37,!»t;'J 1,43(1. -.-s 0^,538 5.'«;.,7.i.' 336,000 2S0,3IJ 227.70J 1,061.03 387.871 160.743 11::. -'ir 1.483.487 1,31- i~5,580 168,773 10-J --187.518 1,343.872 1,2:.7. .•,>; 18,549 00.670 137,0«7 8.636.154 3,411,168 552JKilt 523.045 5.463 180.205 204.07:i 10.312 600.01" Oli';.7-n 276,971 1.570.060 1.617.7 1.1 438.150 19fiM 3»."i.<;7;t 47jr.>2 1.251.006 1,0H7.IU<> 43.343 140.231 l.V.'.7HO !!.< ttl M^.5116 207,-.<>l 8^3 964.083 33.983 300,334 10330 197.063 10.364 133.306 85.400 5.385 10.027 31.687 66,003 si.8ao 40.4V> 342.17 t -4.840 8.'.M1.-I >a.^iD I 73-. 7. 11 lOUJOi a.ooti 17.400 10,10< 30.9<>' 56.41. 3t>,0>M K.an- *kJnl> okJoly C. ~ 33.3"-. 24.335 4.68-. I*.Rk.APi.flUiai L.Bk.*N K to^u.., 3,07s,l;)i I,4I!2,054 1.537,2321 1111.0:1 Jiiljr nLOHt.(ni.«Sai tutwkAax. CMwPUUItn lnlwkAoK. latwkAOK. 886.023 12.8!W,677 < 1.461 704.243 i. 284.1.%2 VUM * P. Kao. ^.M': '•1,000 12.a7-y.9fl8 '^700 13.156,692 10306 * Ckoton. Otor. 31.7' Jane 31.097 17.7lt 44.17-. 18,0gfr 373,ne 936,a» ....!. t01,«7l> 67.147 338.146 I 17. no .kAii: ...wiiJV ffS^Ev... lMtoir.*MMiiT. i,twkAo». jfl5l^JI.O.*TJoiio IbiiieOBntral IWrWwwdi. A o. vuiMB OMtn.; i.iwkAnc. l.tvkAa«. i .iwkAoS. Max 4ttwkJ'lr Mia*. ATmiii. 07.1 Wi 4BJ69 845.285 ll.^.l77 I.«,!».?3l( 1.71.'..-' .i;.i'.'.7i.i .; JllIH* . Total 6 300'jeol 1<»«,*»1 234.002 Olfl.007 1,027,218 •'••; iX.Y.C.Vlf.c .'j„„., fj;''2'?*'*'> *kAnir TJ..Ki1aAW..LJaBe .. W. T. Pa. A O ~f .m^ BO-J 717,17 li-'i ."Siri,-" I'll-. 433.5;i> 1.130j8<i PMlBf July OlttoAMlM.... Joir JuJr . 39,064 383.443 1- 2<- utwkAof. .ijr.. 1.2:1 3J»3«,3«MK at I. Do IMwkAnr. 4ttwkny lutwkAoir. l«twkAii«. •CPaalAOalott latwkAoc. 8l.PjaB.AMaa. J«ly....„. mmtkCmnttnm.. Joae 06l HT.A8.A Jona Laala'a Want. Jnac June. !!«•>> rjkTJaiM R. uri. IBnU, mt.AtJlj-*t««>i<I<>ne A iSMfli- line ' I Tn. M wkJTy f" ToL A. \ UbI«b i'. Wak.a«.i. A i>t|KM4t«. • "s'obo 474,600 44,300 039,800 46,000 44,900 849'ioo 46,0C0 isd'ooS 813,900 199,600 2.9-24.300 3,8X6.600 3,762.300 1.670,300 8.370.000 6.526.500 6.68J.90O 2.070.100 22.198.700 34.918.600 2.070,000 44a;ioi 440',lo9 '49,80S 990',00S 45,000 l.O3il.SO0 334,ao3 180,000 189,000 86,000 46,000 381,200 18.H42.600 0.732,000 4.009.000 6.814.700 20,612.100 6.346.000 1.328.400 3,323.400 2.833.300 3.379.800 4.387.100 3.760.800 3.837.600 179",boS 226,000 180,000 48i0o5 2/31.600 46,000 44,200 46,000 334,200 4.X45.8(I0 8.015,900 1,695.300 1,603.900 4,142,700 a.l 31.600 1.981.700 2.000.300 46,000 180,000 8,016,70 past: OtrcttioMon Aim. CUor'ta i apMi«. 7.817.600'619.699.073 7,864.000: 489.1 17.680 8.016.7001568.810,293 DipoMU.' Otrmlation An- Otar'tt TtuUn. L. • 8.066.800 106.474.800 16.417,700 3,927.600 104,7 18,K00 13,080,600 2.785.900 103,474,900 15,780,100 9.673.800 8.699.000 9,60lf,a00 77.1.18,307 70,798,873 78,198,096 totals of the Philadelphia 40,71 >o 42.V006 349.434 4-.i3..'M)« 334,S-.i9 31.688 38.883 881.804 821,08.t 183.649 17.»40 661.435 80.068 671.568 401.003 11,736 74A'V2 9.633,905 38.860 730.274 6S0.3N7 8.8M.880 50,5-23 631/>10 36.450' 37,333 13.710 86J596 88,431 670.064 63,410 301,966 48.710 860.677 80,061 606,787 403,060 252..'>.')9 608.70.5 577.043 660.777 414,340 2,377.478 644.898 3,607.305 532,991 339.687 1,233330 43.370 800.465 1383,660 l,!l»!».2«2 l.«42.!>94 8S9.9<<t 287.813 6--- DepotU:' au.\ Aik. SMiir«4M. Cent. Dlr.. lat. new.. Altamont Coal, bouda. .. Boat. H. A K.— New atoek OtreuioCfam. A«g. -7'ii,22i,.'>30 6..'.H.370 i I .-ilii.7f»l I Old Debeatnraa BoS. N. Y. A PbUa.. Pt«* bania CtMr'd 66.916,011 60,666,676 67,198,073 . 86 N. Y. W. Bh. A B.— Stock. Nortb. Pao.— DIT. bouda.. 84 V North RIv. Cona 100 p.o 1 Brooklyn Kler'd-Btock.. lat mort 3(1 mort , Paetfle 4 48 33 I PltuboTKA Weatem.lat A Grand Incomea 103V St. Jo. 70 W OeoTKla Pao latOa ada Ke»ly Motor 19' !4oripl88S A O. Cen. com. stock. Prof 109"« Till. A. A. A N. 67>« lnt 6a 6>l| U. H. Electric Light 4'« 94 Btook Rook A Ft. Smith.. Mealoaa National . uoko M.K.AT.— Inoonie acrlp.. A OIUo.— lat mort.. 1"» 107 66 <a 3"4 36 >a is" 67 <! 37^ 28 16H 18 98 H) 47 *v* 8>« 'ii' 40 23 43 16 ..„ e3<!4 I 40 ) I VIcknb.A Mertdlao lat mort. 2(1 mort MIcb. M a% 5V 64^ io" Tol. 14 Pref .0 lal., lat.. Btook 7 Hi 19 >a St. t... Ark. ATexaa,8took 6 18 10 la so' 86 28 Ohio Cent.- lat M. tr. cert 26 8 Peoaaoola A Atlantic. lat mort OonT. A HloOr.W E.Trn. V.Ari.new.when la. Ist mort 66>* 60>« 2d ranrt I at prarerre)! do 2d piefenod 26 26 ft 8t. Loula Ft 9. A do RdiKon Klectno Liicht. 8t. Paul E. A Or.Tr., 6s.. 130 130 Texaa A Pao.-8orlp 1884. K.'ialt. Oaa Co. of N. Y... lat , Bld.1 Atk. BaeurWtai. V." 8".' , Tmat bonda. 6a Little imaaatUajrear. 6,9tl8,200 3d mort N. Y. M. On. Tel.— Htook. Tmatatamped (took..., T.A Weac.-8tk. Pnjferrrd <r','. 10.91MI i.ni.-..-i'>-. n.n<i'-..i 6,918,600 6,007,300 N. Y. City A Sorihem.. New Jersey A N. Y N. Y. A Ureen-d Lake, lat 77 » Boel. U. PlintA PeraUatciat'tte.. 47,»7fl 26.8MU 2.2nn.'''.'i Uutt^Mont. Le«u. AU.A Paa.-C.D.,l«t.oM,z 99^1 CalKomla 1ta.A Tandera I Philadelphia Baaks.- -The l^l;:ll;.^J-' 97.700 43.8«6 213.058 .. ' 41t<MiATJ. Lomt. 4M.891 1.3! X-.J7.0'.'2 .Mar - A 04.00. IL. • 78.300 598,600 168,800 3.69-2.400 370.1100 153,0110 weeks '90,do5 11.506.800 3.062.000 270,000 4^4.200 339.200 846.900 114,300 301.200 a36.aoo 473.000 for oeyeral 369,000 DnllBted Heeorities.— Following are latest quotations from Petroleum Board and N. Y, Stock Exchange: 1<,80.'> -J.l'27,«.->0 :v ly tRoBaWai.Aug 693.300 1,177.000 3,001,400 813,200 393.600 190.800 637.800 466.700 189.400 348.800 846,800 811,800 197,300 863,100 306,000 133,600 431.000 410,000 738.200 372.000 a 409.000 3.765.300 113.000 168,300 1.298.900 1.191.000 335.000 490.400 1.407.300 817.300 158.800 398.000 401.900 371,600 536,700 333,100 86.065.100 88,sa0,400 23.625.500 23.782.700 85.784,300 87.687.600 86,184.600 23.751.600 7 188,072.900 Aaif. Inoladinc tbe Item "dae to other banka." Btohni'ilADanT. July a.MI<1l-<l r»T Inly Col.A<. W««t..s 167,800 1,341,900 467.400 1.048,800 199,400 233.000 136.100 411,000 91.400 Jnly 84 • 31 ':!3,840 77' i-*J«l ^->.a38 23.2 4,:i.. Pblla. A Krln June Pblla. A RfailinK June '.'..'. l>o C. A froDi .liina Bo. r.i ,„85O.S00 2,708.000 14,7C1,000 3.146.800 1.701,200 33.84 MOO 3.441.700 6,8«B.700 1.870.000 1.716.000 1,196.200 3,950.700 1.332.600 8.693.700 14.865.000 13.846,200 S.067.200 7,259,500 2.654.000 7.794.600 4.840,600 8.135.600 2H1,7»1» 371. 7«' ^r.- - fV June ftDBaylranla. Peoria DiT. A Bt 181..ia0 45,00d 8..Sltl.000 11,080900 B4MtOB Baa ks.— Following are the totals of the BoBtonbankB! 1886. vm,* 347,1A« June Or.lbon Uaa. 350.S0O 9 46,000 aiaaaloilows; VottkanCton June ".Jo. SneU. I J-ly24 148,187,900 - 31 146,786,000 Anit. 7 146.137.800 \f OmB-AKoi. *-545.)i00 . 897.U00 1.304.600 701.000 1.637,000 Hon. 1 1.253.000 lO.Oi.i.OOO 8.3118.100 • VoctoUlA Wort Mill Winn l.ail9.2(10 Orcttla. a. l,.'.rt.i.'<r.<! i.-j ' .T.AXawEn. M.T.Oilt.AW 1.210.000 388.000 J-lT 24 35S.«O«.O00 aS.978.000 44.995.200 378.812,000 - 81 364.3'27.4l>0 ii4.-i71.-2IM» <».0-J:(.:)on 377.70.1.100 Ang. 7 366.160.000 65.('8t.lHI0 :<7.764.80<>I.'<76.H0U.'2<><) 191,*>u«i n.M6l otiur V. tlian 358,169,000'68,084,000 87.764,800 376.800,200 f lObMS XS1,38« 14.877 1.257.000 1,138.300 , 128.000 2.5:19.700 1.-J98.100 1886. 2 llT.f.-17-. 1.. .TAMO.AW 9.3-JJ.OOO 12.446.700 ,3.767.000 11.009,«30 The following are totala 3: 61^650 1.789.(100 , 89J,6i)0 1T.1U4.70O 10.061.000 S.009.200 445.400 6.430.900 607.900 Botoben' A DroT.. 1.843.800 384.300 If eobaalei' A Tr.. 1.565.000 66.000 araaainob l.lill.OOO 127,800 Leatbar ManoTn. 3.387.300 403.600 geraatb Ward 1.343.900 263.700 Slate of N. r.... 3.7O7.70O 128,900 Amatlo'ii Bxob'Ka. 16.48-i,000 8.108.000 Commeroa 18.705.9J0 1.931.600 Broadway 6.874.100 946.000 UereanUle 6,601,400 1.247.200 Paolflo „ 2.417.800 869.400 Rapsblla 7366.000 1,603.900 Cbatbam 4.491.600 769,200 Peoplea' l.tl0-i.800 136,700 Noiib Amartea ... 3.362.600 338,800 Haoorar 9,766.700 a.697.900 Irvln« .< 8.209.000 VJtMO C'ltl«B»* 2.874.7(10 463,100 .Naaua . ...... 2,719.500 101.100 Market 8.234.400 416.600 St. Niobolaa 1.867.100 217.600 SboaA Leather.. 3.187.000 448.000 Com Kzehanse (;.'J-27.Hoo 628.100 OenUnental &.040.SOO 437.300 Oriental 2.U7;<.000 366.000 tmportera'A Trad. 2U,»81.1i)C 3.438.600 Park 20.865.000 S,U68,000 North River 1,870.000 100.000 Kut River 1.208.100 174.600 Poarth Natioaal.. i7.bl4.400 3.S75.5U0 Central Nailonil.. 9.0a'i.0oo 1.261.000 3,334. Ouo Second National.. 694.000 5.i.U,ii)0 1.083,800 !(lalh National... Pint Natlunal.... 10.tf<7.5oo 3.814.600 rhlrd National ...' 6.12'J.OOO 609.600 :<. V. Nat. Bxcb 1,460.000 194.30U 1X4.000 Bowerr 3.380.800 -V. Y.Ooonty..., a.341.4|)0 836.300 (iennaB. Aiaerlo*ii. 2.704.900 179,400 3.477. loo Obaaa National... 486.100 Plftb ATenoe 3.561.400 73i,0UD (lennan Kxeb'nfa. a345,400 360.000 (iermanla 3,304,700 168.300 Onlted SUtea 4.171.800 032,400 8.001. loo Uaooln 6a0,T00 Qartald 894.600 1.583.10C Plfth National.... l.'.!90.ao0 310.690 3.561.8(10 11% ol tbe Metrop.. 693.300 1.651.400 Waat Bid* 830.200 2.: -22.300 Seaboard 2:7.100 Blztb NaUoaal.... 510.100 1.610.M0 13< ni.I^.AWMt. MUwaukaa A Mu MoMle A Ohio 116.602 270.500 41.771 16.001 May ttli wk Jlr T.^. 4IJ6<< 33,22? 07,721 .. 1.540.000 P.SDO.OOO 7.877.200 City SetDepoiiU TmeUrt. ii.Ma.ooo TradMmeii'i.. Palton Chemical Kenbanta' Sxob. OaUailn Mattoital.. . tnne Ckte.B>i SeirTork Maabattui Oo Amerlaa Phenlx '1 Amount of— iMal 6l>w4«. DUeounU. ICerebanM'.... Keehanloa'.... a: AS. 1886: iMint and «>3.>,r)l:j CkoadlaoPMii Omtnl Iowa p. A Obio J no BUi: .L«x.ABA'jiin«. o. 7, 1.3 10. SI il 103.U.'>7 50.l<H)i 68.473 11 foUowing statement shows the New York City for th» ' Avtraat 7,227.2.iS C. C«UJ«ltM, ending August i e.»4i..i«8 .5rt,74X) 'y ^^ZX week condition of fi."^A^*'^*!-T^''* the Asaociated Banks of 1885. * 1.2.52.734 1,218.772 Bufl.N.Y.* PhlL intwkAai?. Buff. R'vh APi'i NtwkAuK. Brn hwkJ'lj C 1089. 1886. Is Lalett Date. 189 90 72 40 80 I .... 5 03 <• 66 16 106 mart Incomea.... Wvat N. Car.— Con. mort.. Wlarnnwln Central 10 THE CHRONICLE. 190 Balance of realized income I^tiujcstmjettl From canceled %nilva;x& %utelli6tuct. The ISTESTOHS' Supplement contains a complete exhibit of Funded Debt of States and Cities and of the Stocks and Bond.-- d/ Kaiiroads and oUier Companies. It is published on the last Saturday of every oUier tnonth^mz., February, April, June, Auyust, October and December, and w fur extra charge to all regular subscribers of the to subscribers of the Chbomcle at 50 cents each, and to others than subscribers at f 1 per copy. nUhed without Extra copies are sold ANNUAL REPORTS. St Paul & Dalnth. (For the year ending June 30, 1886.) From a circular issued in advance of this company's annual report for the fiscal year ending June 30, the following is 1886, was as follows fiscal years ending June 30, 1885 and : 1885. 1886. $86,598 449,268 From land and stumpa«e sales From operation of railroad $213,061 629,941 Total net earnings for year Paid interest on bonds Improvement, conatruotlDn and equtpmeat $535,866 $343,002 50,000 50,000 417,104 86,226 Netlncomefor year Balance of inoome from previous year, $393,639 44,103 $37.i,998 $143,742 AppUcalile to dividends on preferred stock IJivldeuds on preferred stock, 7 per ct. cash, for yr. 374,328 $145,312 374,657 less div. fd. Balance of income as of June 30 Deferred receipts frum land and stumpage 69.414 $70,654 $69,414 425,695 350,709 Prior to January 1, 1885, improvement, construction and equipment expenditures were charged to cost of road and Such expenditures have since been charged equipment. against earnings. In the fiscal year ending June 30, 1885, such expenditures amounted to $140,020, of which $53,794 incurred in the first six months, were charged to cost of road and equipment, and the remaining $86,236, incurred in the In the fiscal last six months, were charged against earnings. year ending June 30, 1886, such expenditures amounted to $417,104, and were all charged to earnings. In comparing the gross earnings and net income from the operation of the railroad for the last two fiscal years with former fiscal years given below, these changes must be taken into account. As compared with former fiscal years, the net income for the year ending June 30, 1885, would be $399,268, and that of the fiscal year ending June 30, 188S, would be $579,941— considerably more than in any previous year. The expenses, stated below, include taxes, interest, sinking fund and fixed charges. The statement does not include income from sales of lands and sales... etumpage. FarHinga. Expentea. Tearending JimeSO, 1882. *858,76l $755,575 944,551 Do Do Do 1883. 1,203,433 1884.1.308,038 1885. 1,293,511 1880.1.487,908 Ket Income. ments. $ $103,18f< 258,882 235,^32 313.011 162,837 1,022,105 894,242 907.966 86,228 417.104 The net income from sales of lands and etumpage for the five years was $892,212. The improvement, construction and equipment expenditures during the past fiscal year include new coal and flour docks, warehouses, yards, and tracks at Duluth, Rice's Point and West Superior; new freight, passenger and sleeping cars and locomotives; new side-tracks, stations, telegraph lines and machinery, and the reduction of grades along the lines. Sixteen miles of new side track have been added, and the company now operates 225 miles of railroad, having 71 miles of Bide track; owning main line from St. Paul to Duluth, 155 above miles; Taylor's Falls branch, 21 miles; Grantsburg branch, 17 miles; and Knife Falls branch, C miles; and leasing Minneapolis branch, 13 miles, and Stillwater branch, 13 miles. On June 80, 1886, there remained unsold of the lands of the company l,li>7,054 acres, and of the Taylor's Falls branch 69,680 acres. 'The following condensed balance sh^t shows the assets and liabilities as of July 1, 1886, exclusive of the above land grant lands: Cost of mad and equipment Blwks and 1, 187,3; 2 1880 70,651— A$sett. iionds of branch roads and Bills tcceivnblii and land ojnfratts Wood. c*al, r.iilH. lies and supplies $10,185 391 towns 487!5<1<) 353519 71,217 Station agents, conductors nndotbor accounts Mluneaota lauds lot elsewhere stated For redemption of Taylors Fulls bruucli bonds C»sb on b»nd.. Dividend fund 97597 18'4'8 33 119 $236,413 187,362- Total 423,775 $11,670,700 lita'utUtieM. Preferred stock and scrip Coinmi)U stock and scrip First moit».'a!<e bonds, 5 percent Taylor's Fulls &, Lake Superior RR. bonds, guaranteed Accrued Interest, rentals Hnd taxes V„y rolls, viucbers and sundry aeoounta Forelioi roads Sinking fund for Taylor's Falls branch bonds Beferren income from land and siumpage sold $5,376,970 4,0.>5.407 l,iiOoiojO 210,noo - l-i,761 19.5,57« 25 •2,-,2 33ill9 350,709 ;ii!l01,894 f 11,670,700 GENERAL INVESTMENT NEWS. Baltimore & Ohio— Central of New Jersey.— At a meeting of the directors of the Jersey Central Kailroad Company, on Thursday, the joint traffic contract between that road and The new the Baltimore & Ohio was formally approved. agreement recognizes the one already existing between the Baltimore & Ohio and the Heading road, and under its provisions the Jersey Central, Reading and Baltimore & Ohio lines will be operated as one road. The Central agrees to interpose no objections to the construction of the bridge over the Arthur Kill to Staten Island, where the Baltimore & Ohio's terminals are to be situated. "The Baltimore & Ohio also has the right to do all its business, passenger, express and freight, over its Staten Island line. It is agreed, however, on the part of the Baltimore & Ohio that it will not divert its freight business to Staten Island until after the expiration of two years, and that it will not divert its passenger and express business until after six years. "The Baltimore & Ohio pledges itself to abandon the idea of building an independent road from Bound Brook to Staten Island Sound, and from Bound Brook to Elizabeth the Jersey Central's tracks will be used. It will be nece-sary for the Baltimore & Ohio to begin building a road starting somewhere in the neighborhood of Elizabeth, two miles from the Sound, in order that the proper elevation may be reached at the bridge. The Jersey Central, however, is assured of the haul from Bound Brook to Elizabeth, a di:<tance of about Ohio traffic forever. The twenty miles, on all the Baltimore settlements are to be made on the pro rata basis. The contract is to continue for 999 years. Boston &, Lowell.— The 2,U00 shares of new stock of this company, which were offered at public sale in Boston, July 31, in accordance with the order of the board of directors, were bought in one block at 128. This new stock has $100 par value, unlike the old stock of the company which had a par value of $500, and the sale of the 3,000 shares realizes & $356,000. New York & Philadelphia.—At Pittsburg, Penn., equity was filed in the United States Circuit Court by the United States Trust Company of New York, to foreclose the consolidated mortgage of July 1, 1881. Buffalo August 12, a bill in Indianapolis Cincinnati St. Lonis & Chicago.—In the recent fiscal year ending June 30 this company earned five per cent on its capital stock as sliown by the following figures issued in advance of the annual report: $2,426,412 Receipts from transportation 100,?'2l liecelpts from otlier sources $2,526,934 $1,480,491 b83,902 Total receipts Operating expenses Fixed obargea Total Improve- Oross Do $146,877 stock Total Ihe obtained The net income for the vireferreil Dividend on preferred stock July Remaiulnc in income account AND Chronicle. [Vol. XT.ni. Balance after deducting fixed cliargos and oper. expenses tjuarterly dividends of 1 per cent each Balance on hand .. $2,174,394 $352,540 210,000 142,540 Greenville, N. J., Land Purchases.- There have been two land purchases for railroad purposes at and around Greenville, N. J. One is by the New Jersey Junction Railroad Co. to connect AVest Shore at Weekawken with various roads to Communipaw. The other is water front, etc., by the Biltimore Ohio. The first purchase was by Winslow, Lanier & Co. The Junction Railroad Co. and its objects were given in full by Bradstreet, July 3. New facts are that the Junction Railroad Co. has issued a large amount of bonds on this new J. Pierpont property, guaranteed by New York Central. Morgan and H. C. Fahnestock are the trustees of the new bonds. Dow, Jones & Co. & — Illinois Central. A press dispatch reports that at Chicago, Aug, 1, articles of mcorporation for the new northwestern line of the Illinois Central were filed at Springfield, The new line will be known as the III., and Madison, Wis. Northern Railway Company. It has been Chicago Madison the opinion that the Illinois Central simply meant to build an independent line between Chicago and its main line at Freeport with the view of establishing a through route to St. Paul by utilizing its low.a leased lines north from Dubuque. But it is now supposed that it means to cross its maiu line at Freeport and build right on to Madison, Wis. So far as can be ascertained nothing has yet been decided reearding the lease of the Illinois Central's Iowa lines, which expires next year. Memphis & Charleston.—The following are the earnings and expenses for the year ending June 30 Changes in 'Z6. 1885. 1388. $1,384,905 $1,323..529 Doc. $31,377 Gross earnings & : Operating expenses 1,110,643 937.214 Dec. 170,429 $330,315 Inc. $118,052 $263,262 Michigan & Ohio.— Messrs. Geo. F. Stone, Samuel Thomas Ohio first and Walston II. Brown, committee of Michigan mortgage bondholders, have issued a notice that the agreement for the sale and reorganization of the road not having been executed so as to be operative, a meeting has been called Bros, for deliberation at the oflices of Walston H. Brown Net & & for August —It is 18. reported that a plan of reorganization will be present- AcocsT THE CHRONICLF. 11, 1886.] ed at the next meeting of the Michigan & Ohio Railroad bondetock for the f 191 be deterinired upon. The city of Seattle contains at uresent of about 12,000, and ia in a state of rai.il growth an iaeue of new common ppulation mortgage bonds on the basis of three for one, A new having grown from an assessed value of $1,601,000 in 1881 to five per cent mortgage will be placed upon the whole line at $8,939,000 in 1384. the rate of $8,000 a mife, the proceeds to be uae<l in building a The road is to be made standard guage. and is to be branch north fvom Marshall to a point on the Chippewa River, supplied with 60 lb. steel rails. The route will p.is? through a where a Inmber traffic is aasared. The towns along the line fine hop-growing and mining region. The construction comh«T« contributed #700,000, and the road if graded for ninety pany offered for sale SoOO.OOO f f the stock of the company milea. which has the privilege of con^'tructing all the ether portions Inneapolis Saoit Ste. Marie k AtUatic—This company of the S. L. S. & Eastern R. R. Company's main line, for now operates 63 mil> 8, from Turtle Lake (a point on the Chi- which it is to receive $25,000 in bonds and $13,000 in stock cago St. Paul Uinn. & Omaha road) to Main Creek, in Chip- per mile for the work. $250,000 of the $300,000 has already pewa county. Wis. The total earnings for the fiscal year been taken at par, and Messrs. Jameson, Smith Jk Cotting were t53,16~>, and operating expenses $83,131. The com- offer the balance at the same price. The terms of the subpany will complete its line to Rhinelander on the Mil- scription are liberal as will be seen by a reference to the proswaukee Lake Shore & Western road this season, a distance of pectus. Scioto Taller.— A report of the receiver for the vear end100 miles from the present terminus. The road is projected from Minneapi'Iis to Sault Ste. Marie on Like Superior, a ing May 31. 18S6, gives the gross earnings as $.'593,510; net distance of about 469 miles, where connection will be made earnings $13,046. Of this exhibit Mr. C. W. Opdyke, secretary with the Canadian Pacific over an intematknal bri )ge whicli of the first mortgage bondholder's committee, says in a cirthe two com)>ariiefl will unite in building. This line, it is cular— 'You will observe that his statements place ^93,.'557 claimed, will place St. Paul and Minneapolis, as far as expended for "betterments" as among "expenses," leaving tkrooch and foreign trade ie conocmed, in the same position the consequent "surplus" of the year only $43,640. Had the (Xuoago, th« dlataaee to tide-water being about the same. statement been made in the usual form of railroad accounts, Capital stock anthoriaed CoataMO. $8,000,000; preferred, 7 the sum of these two amounts, viz., $137,301, would have per cent, $4,000,000. Bond* not to excee<l $'2I,.'>00 {wr mde appeared as pet earnings. The road would therefore have earned during the year its first mortgage interest ($90,580) If Will be issued. W. D. Washbnm, Wnneapo lis, President. the "betterments" h.-id been limited New Torl( Lake Erie k Western.— In the balance sheet of amount actually expended therefor. even to one-half of the It is not believed by this company, submitted as of Jane 30,1886, the Moating drbt emyotir committee that it will be necessary to continue any such braced the following items: rate of px(>enditures for betterments. in future. You will BlUsMraMa •21.000 latcrMt dueand oorard 1,019.^34 also observe that the operating expenses, even after deductDiridmd onpalri Ifiii ing the "betterments," are still 77 per cent of the gross earnDasfer *«•«. An I,5B6,l73 ings, which is very unusual for a road earning almost $),000 Dim ramvealni aad ladttldoals S10,105 «!• Coal CompaalM IT.osi per mile annually; and apparently unnecessary." _ DiMsccoiint trsOr (»7i'.fl«l SntroTunneL-The stockholders are notified by an adver•MaU. 598.209 tisement that the mortgage of 1877 to McCalmont Bros. & •lUMlrlt* 23,3>!« Co.. of London, amounting now to $997,663 principal and TMaJ L _-. .6«,6M.3U3 $638,873 overdue interest, is under process of foreclosure by Cath fffitlt— an action in the U. S Cirouit Court for Nevada. Bill* netltahin •170.82.'S Texas k Parillr. A compromise has been made between Due aecmwt o( vnMu l,ie«.310 the Wi»tar and Fleming-Olcott committees, by which the Ooeascooiitaf trsBle ),043.:(:n 'Om* kr fnsyaaiss and todlTldaUs.. reorganization of this company will be conducted by a joint 43i,079 committee composed of four Wistar members a^ three Fleming memlers, as follows I. J. Wistar, Chairman: John MarK«" -t. HS8.983 kee, William D. Winsor, Robert Fleming, C. M. BIcGhee, '^ iwt* areadvanaM to oUmt compMitoii. Chinuo A Atlao- Mayer I.«buian and John M. Hutchinson. Wednesday afterMine caaoM (ur selt-'eatcat. and $3,U03,7il to coal noon this committee made the following announcement to CVItij'ariirn Biiit otbaTV. holders of Texas Pacific bonds "By miitiinl ajrrwment made Iietween cominitteea of wlilch F. P. Doabtful Ttlue. Oraot * Watd, A» ...... „.. I'lialrnieJi, and Ht their Joint reiiuest, the Oregon ImproTeHeat CaaMsy.—Thia oMnpany's tute- fv to act aa a Joint enuinilttce in t)i< Ir nlnce ment for June and seven montna is aa follow*: n of Ih^ (v.ti!p!inv iiimn n ir.odifleil plan Jwu. Dte. 1 to /him 20 " ' '. lit, will receive tren!•!*». t8'«. Ixil-". m'S-fl ily printed anddeQroM riraiaai ^taXiUi 9i^i.~<i'i •l/vo,-.'i9 •i,«3«,015 New York, and tbe holders, calliDg for first • : ^ — .. . . : w : . , . I — . — ' • ' I OpcraUniaipsiMcs Kft >77,04» 9*i»* rai alalia. 18S,e<i3 'isO.lSO 1.2b.%,799 1.199.071 i I't I t t.in[»:iMy in I'lniiKieipitni, i<ir •ii'-trinutioii to uil pcraons •2&1.5t4 «l«4.40O Oragoa Ballwaf k NaTlgatlon.— At Portland. Oregon, Atigtwt 19. the following directors were elected: Klijoli Smith, John H. M-" ' 'riitopher Meyer and Colgate Hoyt. of .New York; W Hoot*. Jr., of Boeton; Cnarles Colby, of MUwauk. i Lewia, Henry Falling, W. 8. Ladd. C. H. Prescott, U, A. Ltolph, H. W. Corbett and D. P. Thompson, of Portlan<L The only changes frf^m last year's board are Colgate UoTt, In place of BraTton I»ea, and D. P, Thompson, of Ponland, in place of W. W. Ladd. plan proposed by the Fleming committee will be followed, except that the Taxas & Paciflc stock will be increased from $32,000,000 to $40,000,000, and of the increased amount some $6,500,000 may be issued to the Mis.souri Pacific at 20 in exchange for the $1,800,000 of floating debt held by that company. In all repects this arrangement seems to be a rational compromiae for tbe interest of both stock and bond holders, and then is no appearance of any surrender of rights, and still Pledmoat k Camber I and.— This railroad companr, an auxiliary of the Wfst Virginia Central, has issued |/i^V\rxM) mortgage 5 per cent bonds to pay the cost of cnnairuction and MUlpment. The road is to be 31 miles long, connecting with the West Virginia Central at Piedmont, and running to umberiand. oontract has been made with the Pennsylvania Bailroad Company, under which the Pennsylvania agrees to NtMide " of the groH receipts from freight traffic raoriTed .. roada aa a guarantee of the intere.it of the new loan. nr. Chaa. T. Wing, in New York, and J. A. Hambltfton Co., in Baltimore, offer the bonds for sale. Bailroads In New Tork State.— The returns of the follow log roads fur th»> quarter ending Jane 80 have been filed at at Albany aa follows wBlmTOmi holders are well protected, when U ( A ' ' A i ' ' iieral !<» ot.jpy underhand dealing. The t'tockholders and t <e the bad condiis con»i<lered and the small prospects they wonld have under any foreclosure, without paying a very heavy cash asseasment. Matters have come to a point now where the holders of Texas Sc Pacific stcuriiles need to be on their guard and to exercise their own judgment and common senile. They should not be misled by any talk of "selling out to Gould" or "surrender of control" &c., but examine for themselves. There was no substantial opposition made to the M'istar plan until Mr. Fleming ai)i)eareil in the field, and after weeks of hard work by hia committee their whole plan as proposed is virtually to be carried out, with the exception that $6,500,000 tiofl Tlf^ine property of new stock may he issued at 20 for $1,300,000 of floating debt, which otherwise had to paid off in cash. This gives the Missouri Pacific only $6,500,000 of stock out of a total 1B8«. loea. 1885. Gross camlaas. .9717,918 9748.090 94.402.558 95,St'0.738 issue of $40,000,000, and shows how little foundation have OpenHag •xpeaaaa 3.839.293 the reports . 449.199 473,.'i89 3.404,634 Upon the of a surrender to that company. ..93M.749 '#272.601 9997.924 91.741.41.^ whole, it appears to the Curonici.e that both the stockholders taaoaM ether aooraas.' 34r,9.0 and all clasees of bondholders, including the Incomes, can17,916 394.e02 33,a«8 not serve their own interests belt«'r than by giving consent to VMalaet 92l>e.199 91.292,326 92,090.."1G5 laa'a, i«>tal. Intarsat. . ie3.»39 l.87H,053 the compromise plan as now offered. 164.S09 1,937.305 The CURONICLB has never criticised the Wistar plan for tlie BaJ«o<« .nr •133,i30 n.9I31.?9( d7TnTr,779 Ba.»212,3)2 purpose of being in opposition to any particular party, but Seattle Lake Mhere * Eaatera.— The Puget .Sound Con- simply because the plan seemed essentially unfair to the Mlictlon Company's pro»pectus will be found in another junior interests. Now that this difllculty has been removed, ooHmia of the CiiBosiout to-day. aa issued by the well-known there is not a doubt that reorganization in harmony is far ooae of Jaoicaoa. Smith Cottiog. The Puget Sound Com- better than any attempt at hoetile foreclosures. pany has bpen organized to enter into a contract for the conMr. Fleming makes the following plain statement of the tniction of the Seattle Shore ft Eastern Railway, to run facts from the city of Seattle in W<<shington Territory on Puget Ist. The plan of the New York Committee was accepted in Sound, along the shores of Lake Union, Waxhington and ita entirety. The debt, however, to the Missouri Pacific ComSainamiah, to and through a pass of the Cascade Mountains to pany, Instead of being paid for in cash, will be paid for in th.-c4ty of Walla Walla, with a branch to the city of $6,300,000 new stock at 20 (less than one-sixth of the whole , . . ^, Spokaaa Falla, a toUl of about SOO milee, with the right to (stock), thus leaving $1,800,000 additional cash to be devoted conatmotMch branch line* north and south as may hereafter to improvements, or over $5,000,000 in all. Lomg .' A Uke . t§lmitd.I8.*6. — S. r. L. SriedWat-^ THE CHRONICLE. 192 2nd. The trustpes of both mortgagee will be reputable New York Trust Companies, the provisiocB in the plan for the full — — ; ; & 1885. . Amount. Seres. July— Union Division... 118,678 Division.. 73,508 Kansas $183,393 276,417 Total 192,187 Decrease In 1886.. $159,810 -1895.- Jan.lio July 31— Acres. TTnlon Division.... 432.111 $736,849 Kansas Division.. 433,432 1,705,883 865,544 $2,442,733 Total Amount. Decrease In 1886. XUn. S^jc (^^ommzvcml 'jinxes. protection of the income bonds being preserved intact. 8rd. The first board of the company, which under the present charter would be eh cted for a term of three years, will be an independent one, and have the approval of Messrs. Schifl, McGhee and Fleming, members of the New York Committee. Mr. Fleming says that the combined committee is simply an «;cecutive one, and it does not matter whether Gen. Wistar is chairman or any one else. Everything possible has been done for the protection of the bondholders, and he does not know how the New York Committee, if it continued its labors alone, could secure any better basis of reorganization. The committee of Income and Land Grant bondholders, of which Mr. 8. J. Drake is chairman, calls on the holders of thoee bonds to deposit them with the Central Trust Co. Their advertisement appears on another page. Gov. John C. Brown, one of the receivers, said in relation to the statement of accounts. " The report of rt^ceipts from Dec. 17 to June 30, inclusive, embraces about .$08,000 earned prior to the appointment of the receivers about $19,000 land sales ; |6,009 sales of damaged property about $100,000 sales of old rails, scrap iron and wheels, and about $300,000 collected for other roads, more P. The earnings than other roads collected for the T. proper from Jan. 1 to June 80, inclusive, in round numbers, are f2,5'30,000, as against $2,100,000 for the same period last year. The transports in bulk have exceeded those of last year for the five months ending May 31 about 17 per cent. The cost of transportation was less by $137,000. "The betterments upon the track, motive power and cars amoimt to about $1,000,000. The freight busmess has been much larger than the same period last year, * * Freight out of New Orleans is fully double that of last year, and this notwithstanding the strike, which crippled the road for two months and deprived it of earnings amounting to between $1,000,000 and $2,000,000." Union Pacific—The land sales in July and since Jan. 1. were as follows . [Vol. COMMERCIAL EPITOME. Friday Night, Aug. 18, 1886. There has been a flurry in the money market, with a sharp advance in rates for money on call, and mercantile circlea have felt it to some extent chiefly in giving a check to speculative action. The monthly reports of crop prospects have been made public, and are generally more favorable than had been expected, except as to corn. Regular trade has been fair, without showing especial activity. An important decline in sterling exchange has been one of the f eattures of the week. The weather has been generally seasonable, promoting the maturing of the crops, but in Western Texas a severe drought — doing injury. is The speculation in lard futures haa been somewhat excited, and prices are materially higher, from a sort of "corner " on September contracts at the West. To-day at the close there was a pause in the market, with a nearly nominal closing this afternoon at 7'37c, for September, 0'99c. for October, 6'92c, Spot lard also for November and 6'87c. for December. 7o. for prime city, 7-25@7"30c, for prime Western and 7 "400. for refined for the Continent. It reported that here and at the West this week shippers have advanced, closing at to choice is taken about 40,000 Pork is tcs. dull, unsettled and nominal at $11@$11 50 for mess, $12 50@$13 50 for family, $9 50@$10 for extra prime and $13 50@$15 for clear. Catmeats at some decline have been more active; pickled bellies 65g@6Jgc.; pickled hams ll>i@ 12c. and shoulders 6}4@G}4c.; smoked hams 12>^ new @18o. and shoulders 7)^0 7J^c. Beef is dull at $3 for extra mess and $8 50 for packet per bbl. and $12® $13 for India 447 $894 mess per tierce. Beef hams are firmer at $24 50® $25 per bbl. 18,677 100,586 Tallow has been active at 4@4 l-16c. Stearine is firm at $101,480 8@8}^c. and oleomargarine at 7@73^c. Butter is firmer at 19,125 $353,329 173,062 16@223^c. for creamery. Cheese has been active and closes -1886. Amount firmer at 7>^@8^c. for State factory. The swine slaughtered Acres. 146.495 $178,903 138,765 767,364 at the principal Western towns from March 1 to latest dates numbered 3,825,000 against 3,860,000 for the corresponding 1886. Amoutit. Acres. 285,260 580,283 $946,268 $1,496,465 TVabash St. Lonis & Pacific—In the Chronicle of June 5, on page 695, was published the proposal of the purchasing committee to the bondholders of divisional bonds on all parts of the road east of the Mississippi River. On July 8, a meeting of bondholders was held in New York, the affairs of the company were discussed, and a committee was appointed to investigate and report on the proposal offered. This committee, consisting of Messrs. Henry V. Poor (of Poor's Manual), A. M. White, J, B. Colgate, H. K. Pomroy and Jacob Stout, made a full report at a meeting held on the 12th inst,, and practically period last season. Coffee on the spot has been in good demand, and closes dearer at 95^c. for fair cargoes of Rio. The speculation in Rio options has been active at buoyant prices in the past day or two, and to-day prices were again dearer, closing with gellers at 8'05c. for September, October and November, 8'lOc for December and January and Raw sugars have been March. further decline, but the close is 8" 15c. quiet, for February and prices are without barely steady ; fair refining recommended the acceptance of the purchasing committee's quoted at4 9-16@4y^c. and centrifugal 5J^c, for96deg, test. propocsal. The only essential change to be made is in the sugars are fairly active. Molasses dull at 17c. for 50 creation of one a per cent gold mortgage covering the whole Refined Teas have remained quiet. Kentucky tobacco has been less active, but sales for export are 250 hhds. at steady prices. Seed leaf has continued to meet with a good demand, and although the volume of busi•xecut« a mortKage taking precedeuce of the said debenture mortgage, ness is somewhat smaller, the sales for the week are 2,350 covering the eullie amount of underlying mortgage bonds, funded debt t>ondB and scrip, and coupon bonds and scrip, and that said mortgage cases, as follows: 850 cases 1885 crop, Pennsylvania Havana, Bball be so frauicd as to include all of said bonds in the order of rank 12U@17c,; 150 cases 1885 crop, Pennsylvania seed leaf, 8i^@ and priority now or then belonging to each mortgage and to the coupons Wisconsin Havana, 7^@9>^c.; 400 funded an originally possessed by them or by the bonds from which thcv 9}^c.; 400 cases 1885 crop, may have been deta<'hed. Said mortgage shall have a uniform rate of crses 1885 crop, Ohio seed leaf, 5'.^@9c.; 350 cases 1885 crop. per cent Interest payable send-annually In coupons, and shall be so State Havana, 12@14c.; 150 cases 1883 crop, Pennsylvania property east and. west of the Mississippi River, instead of extending each of the divisional mortgages now covering different sections of road. It is thus referred to "Tliat a morts«ge covering nil the Hues and property of tlie company may be niarte and executed, aurt that the new comi)auy shall make and deg. test. '5 , framed that the first mortgages and all the coupons detached therefrom shall be described as first class the second mortgages and coupons detached therefrom as second class the third mortgages or consolidated convertible and coupons detached therefrom as third class, and the fourth mortgage or mortgage 78 of 1879, with coupons detached therefrom, as fourth class." ; ; Another modification proposed by this committee was that the holders of overdue coupons may receive cash for one overdue coupon instead of funding the same, the coupon to be so paid being the one longest overdue. The committee's report was adopted by the large vote of 13,706,9.50 bonds in favor of it, to $160,000 against it, and the following resolution was passed : " Rftolred, That the report of the Committee be accepted and that the bondholders here assembled recommend the pnnupt assent of the holders of all of the mortgitgos on Hues east of the Mississlpiii Ulver to tile proposition of the Purchasing Committee, if modified in accordance with the advice of the Bondholders' Committee, as given In the said report." — The Wabash receivers' report to Judge Gresham of the operations of the Chicago division from the date of the receivership up to June 1, 1886, was as follows: Gross earnings $2,973,230 Operating expenses 2,978,857 Deficit $.7,627 Interest paid Three coupons Deficit 133,061 In default June 1 >. 337, .00 $476,190 seed leaf, 7@llc.; 100 cases 1882 crop, do. do., private terms; 100 cases 1881 crop, do, do., 12i^o.; 150 cases 1884 crop. Little Dutch, 12@14e., and 200 cases 1885 crop, do. do,, private terms; also 500 bales Havana, 60c.@$l 05, and 800 bales Sumatra, $1 20@$1 40. The speculation in crude petroleum certmcates has been greatly depressed by the favorable news from the wells, but the close is steadier at 603^@61c.; crude in bbls. quoted at 5J^@6i^c.; refined in bbls. Q'j^c. and in cases 83^@9>6o.; naphtha, SJ^c. Spirits turpentine has been steadier but quiet Rosins have ruled steady, but are quieter at at 3S?^@34c. $1@$1 05 for common to good strained. Wool is firm, but quite dull at 38@40c. for best Ohio fleeces. Hops are too unsettled to quote. On the Metal Exchange the interest has continued to centre in block tin, which was to-day firmer and more active, with Pig sales of 60 tons at 21-85c. for Auof, and 21-90o. for Sept. iron steady but quiet. Manufactured iron active, at fuu Copper is firm, and the sales to-day embraced 25,000 prices. Lead is firm at 4'70@4'90c. and spelter lbs. for Dec. at 10-45c. strong at 4'40@4-55c. gram Ocean freights have been rather dull, especially shipments, but close more active, and business to-day included 3i^d., to Bristol, S.il^d. to Liverpool, IJ^d., to Newcastle, m from store, 28. 6d., to London, 2}^d., to Copenhagen, Marseilles or Cette, Ss. 8d. 3s., Antwerp » ACOCST U, THE CHRONICLE. 1886.] COTTON. Friday. u Tmt MoTKHXNT or THK Cbop, P. M.. August 13, 1886. indicated by our tel^g^rams In addition to above exports, our telegrams to-night also give oa the following amounts of cotton on shipboard, not cleared, add similar figures for New York, at the ports named. wiiich are prepared for our special use by Messrs. Carey, Yale ft Lambert, 24 Beavef Street. We For the week ending thia evening (August 13), the total receiptfi have reached 6,0GO Iwles, against 7,034 balea last week, 0.060 bales the previous week and 6,744 bales three weeks since; making the total receipts since the 1st of September, 1885, 5,314. SoT bales, against August 4,789,659 bales for the same period of 18^1-85, showing an since September 1.1885, of 574,898" from the South to-night, given below. is ) 457 113 Oalreitan WmI. |nttr«. ISm*. JTan. 310 161 JH. 102 nxoi. Hew Oh Shipboard, tu>t eUared—for 13, AT- Oreai Other Foreign Ooatt- 211 None. None. None. None. None. 3,250 1.281 None. 200 8.122 None. 50 5,500 3,000 None. None. None. None. None. None. None. None. 400 None. None. None. Hone. 50 Nona. None. 8,750 3,400 20,057 3,191 1,400 2,797 2,667 3,444 127,572 23,922 15,127 None. 8.861 1,534 20,522 185,050 8.245 4.733 None. None. 1.000 2,780 41 9,286 7,aa3 159.545 160,774 6,627 None. None. None. None. None. !iew Orleans.... JfobUe Cbarleaton Qalreston Sforfolk 138 87 154 Orleuu... MbbUe norida 75 78 429 5 18 7 882 99 1 "7 11 408 448 5 S 99 45 10 1 175 6 9 Charleeton 44 Ft B«rai.*e. W«stPotnt,Ae 243 5 '» •35 687 90 107 73 27 30 118 853 353 37 V«w Tork. BOStOD.... Baltimore PhUadelp'a, te. Otber ports Total 1886. Total 1885 Total 1834 Total. mee. 200 420 The speculation in cotton for future delivery at this market fitful and uncertain for the week under review. The reports from the National Cotton Exchange and from the Bureau of Agriculture, on the condition and prospects of the growing crop on the first of August, were made public on Tuesday, an'd the latter was much more unfavorable than was expected; so much so, indeed, that there was a disposition to regard it as in error, and the advance which it caused was soon lost. On Thursday, the peculiar feature was presented of August, September, October, November and December has been Monh'dC.te. atefolk Sew York 1 10 13 Bmnsw'k.Aa. Leaving SloekT France. Britain. Bavannsb 598 Indlanola, Ao. 193 595 109 30 782 852 1,073 AMI 1.258 914l 40l 1.099 2,406 6,660 Foroompansaa, wegiTetbefoUowinKtableshowuiKtlie weeFs total receipts, the total since Sept. 1,1885, and the stock to-night options ail selling within a range of three points, bringing and the same items for the eoriea >ondinjt periods of Isst year ' speculative operations almost to a stand-still, till operators ooidd look about them. Some 'anxiety continued to be exiag4-»5. sue*. uas-M. pressed regarding the course of silver, which had recovered a nto Augtul 13. 1886. 1886. fraction. Last evening, the persistent reiteration of adverse Wt$k. 1.1884. Wmk. 1. 188S. crop reix>rt8 rrom Texas oaused the bears to Cake alarm, and QalvaMoa.. 38r 457,017 1.741, TOOtSM 8.667 1,001 they bought freely to cover contracts, giving a firmer closing. tlld*B0U.*0 161 781 1«5 To^y, although Liverpool made a better report, this market 11,330 New (Means. 8831 ,738.725 M6 l.S2».4a8 38.179 17,579 opened dull and weak, but fully recovered, with the speculation Cotton on the spot has been dull, and 99 247.179 18 839.271 3.191 1,513 snowing more tone. 30.167 notlda... a 2 quotations were reduced 1-lOc. on Monday and again on 76,815 Bavaaaak. To-day 798J44 731.126 3,947 1,103 Thursday.' The spinning demand was also m Karate. there wa* more doing for export at steady ptices, middling Bi'iwOi.Ae 16.359 10.837 XMalstlilewMkl i I M 301.615 14.476 101.180 7.931 S«S.5SI 384.615 nJtairal.*s WUalactaa. iTkssao.ts 4 SM W.Fo(Dt,*e. •wTotk, 100 SO 783 170 511.301 7.813 •3.636 50 fttS 136,322 7,010 10,812 88,363 9,891 4 131.316 6.310 8.352 5.427 wo 1885. 548 396 1.741 883 98 Charl*at'n.A0 WUm'gfn.Ae ira>to4k W.I>«lat.*e. AH Tot.tliUw'k. 1884. 346 540 88 808 la 64 448 44 4 586 100 170 4 50 3.788 1.980 3435 6.660 1888. 1.878 1.681 707 388 917 138 65 884 192 01 884 802 100 80 188 814 336 1.553 166 1.880 3398 aiassaspl. l.l5814.5»7U788y888 48>0,888 1883. 4.800 10.305 H 1.778 6,356 1881. 3,895 5,220 1,127 3,763 1,478 87 930 274 3,758 20,533 OrMt JMfm. n^ Ml ftaa ait*. I. UBB, ObmU. ir««k. '««k. U) Aut. 18* m mt,m» W,Illt in.657 6>»ie 7* 8% Str.L'w M Middling... t»IJS« •iT.aM as.iM •(jas •.•*.. Its IMaL. II.1S8 73.213 tll.81« 187.511 68,700 li«5 i|»iru frow V iiioti *JSI.a^ 4«,T4» ijeeisii !'»• K.fTl S gsjasi ix.tm Maw Yurs to luuiu'ln 47,»u2 Britain to BnlUo j,iorU. UffM Hntaln wore r»«xpgrt«4 from Ursst 9^ 9>4 9>« 9»,« 9>« 9H 9'« 8H 810,8 »»li »»,« 911,61 9»'-i» 9% 7»« SoodOid.. Z*" 83,« 8*4 l|r.OM0rd g'«« 8>s CbwMldd'g 9 Str.L'w Mid S;i» Mlddllnn 9>« eoodlfil.. 10 7^ 74 7 Wed Th. gl'« 379 9>4 9>a B"l8 9 6l>ia 8>4 97 9li,4l 9li,« 103,8 i4, 10>« lOOg |10>« im lii>4 8TAIHKO. fib. 9>4 9>g 6% 9 MABKXT AND 7^ 83|g 81^18 87,« 879 9H 9H e"is 10S,i 10>s 1079 11>« Frt. 7 97,, 9«9 lOls 107,g 10i4„ lOliig 117,, 6'1„ (!'l8 815,8' Bit,, 81s 879 Frt. 6»9 7% 6'li« 738 8»l» ! 74 lO<e lU'lS nion Tnesj Wed Tb. 611,.' 7>1« 9'lw 9»8 103„ lOifl I ZT'« 8H LawMlddUac MM4lln» h 9',« 909 ?!•• 9Hs 10>s 107,8 Sat. eood Ordinary Sntet Good Ordlnaty 7 lOi* loil,, 101-<„ 107g 1H1K 117,« 11>« 10>f 107g 10<^ im U-S ll«l« . 7>|« 10*1 10>< ioi4„ lO^g I 6»u 9"u 10 •« 10»i, 103,, lOHi 107g I 67, 7I18 7's 8'i« 87« 9>4 0i« 87e BALKS. ALBS OF SPOT X*- OUMBU. port. AMI) TKAHSfT, Oon- Bpee- Tran- nmnus. Delit- 1 lumpulTn Total. Bates. 8at.. Easier Hon, rum ,• dec and nteody 8t«ad]r at 400 200 345 379 280 858 241 392 745 23,000 S'O 59.200 tries. 900 500 750 650 1(H7« 4.808 It* •MM Vjiii 46,8r l> 87g TKlfl 131.91.1 13.8^ tM» §1'" •• 's Idd'sFWr 10% 1011,, lOll,, 10»,8l0''« HI* rmr 11^ »1»U U»i« W«4I Th. Frt. Wed Tk. 40l.ft» «.t«i IJBO 7% 7% l.S4«,0e8 *t7.1W S4.M0 sssjns i«>ti 118 i. 9>t SrOT IfARaBT 481189 SON i, 7»« l> %H •• TEXAS raon Tuea Sat. raonjTaMl VoodMJd.. 101,, 10 10 lOH 103,8 Kr.O'dMId loH I0»i, 10»i, 10»,, |10S •••••• •••• 9>a 67g 7»is *"* Sat. 67a ! 47,416 4T.41S HEW ORLEANS. Tuea tat. IIIOB nie total sales and future deliveries each day during the week are indicated in ttie followmg statement. For the conrenienoe of the reader we also add a coiumn which shows at a flanoe how the market closed on same days. SmoM. M«/M7| M,M» — OPLAHDB. Aug. 7 to August 13. IS. IttS- ntai MM. — to arrive. The following are the official quotations for day of the past week. 8tt9'dMld io»,« lUdd'cFWr lOl'H 4073,191 .\e^.l23 rabr 11», Salvssttm taeinfles ladtaMbi tikaMeMoa iaebaas t^ort Ror>l. AcwOataxton laeladss tlanV*CUr,M^ WeatPotatlaeliutesCtty PoiauAr. The ezpuna tor the weak andiiic thw erenuut reach a total af Vt.Vil balea. of wUoh 11,188 wero to Qraat Britain, 105 to rranoe and 1,664 to the rest of the Oontinent. Below are Iho e«pocf for the week and since September 1, 1885, W-k MmMmt AufuH U. total sales for — 3,444 T»tal 6,660 3.314.557 3.125 4.739.65«205.572 169,831 * 1.601 tMmi aa eorrecUon of reeelpta ml OalTeMoB allMa Sept. 1. IB osxler that oompanaon miqr oe made With Other yeaa. we below the totnle at leadinc ports for six seasons. 1888. 7-16. forward delivery for the week are 373,600 197 bales. For immediate delivery the total sales foot up this week 8,886 bales, including \,'i'i') for export, 2,001 for consumption, for speculation and in transit. Of the above, bales 1.098 309 S4*.8a0 888,069 66.448 83.380 48,a84 1.537 nplanda closing at The 81MI M.am 131,973 66.187 54.638 759 l.COO Cjiilni <j>ilptand8teadjr rhunt <i'i'tA8l'yeii«de Sieadjr m.. TotnL .._ ... ....1 .... ....' 725, 1,3252,0011 SS-J .".; '.'.'.'. l!2.300 6i>.200 241 1,117| «4,400 ....1 .... dally dellvene* given above are aotualljrenorteil. prsvlnaa lo t.bat. i>n wlUon tber The 10^,500 3.-,8 8,326 372,600 delivered 2.800 the day am The Salbh and Friobs or Futures are shown by the follow ing comprehensiTe table, THE CHKONICLE 194 illfSli iSlI 1211 mt a 1211 III I '«S er ___« • ^s " Si : M li M Si i Itl S.£iir : 2 o Si • 1886. Stock at Liverpool Stock at London ijrr to r ti t" SB g IBs*-? ocO- C nr •» ,.- 5 _- ccdbCci CDCB icto IJ ccco a o:w I 2 » o: '^ KM 2 ccccoco ttp: CO CCCOoCD w eo ai cr CO !J CCCO < o» o k: ^ cro ; C ^ M so 0- (SCO I c;> <?=? C ^ I I 9 CDCOo<? MOio kcoOm cap <£C0 5 2 " ccco 5 COCCqS coiccco cccoo<o cicioti COMOto MCO*^M C CO t^ go CD -1 I M 2 * COM MC. s.ts: I ccco li I '' 2 o;o< Cf 5 KH- 2 I tOM wm: CCCDpCO KCOCO ^I»-« kmOm CO C5W» 5 CCCO KM MO I 2 " 2 aoco MM 2 I C^CJI ' 13 5 KM 9 CCOm^ O »."• cccocco liciOco 2 ** KrtO OCQO en CCCDc to Cbcb C.<l c .^ I I 2 a ' cc»i I 5 2 *co C53) 9 I h3 ccco #**- o_ ID O 9 I CD Zi'-O o otoo® o o '?-r ^•^ o coco I : 5 or: I 9^1 cocoSc? dcfiOia oc COCOCCD CD» 5 -*i® 5 ccco ; *1 I or; COXOCO a Ci ® o< CO CO o-Cn ^ coco ' C VI 'J *j» 2 cccco«9 o -J cptooctco I coco^<9 obabCoo 5 cocnc • ocn I cc» 5 CC'-O o 1 CO I 9 CO I cj CO I : g'co o-i> ores O 401,800 891,588 407,«00 922,218 738,200 694,900 954.610 1,160,242 Ac TotalAmerican ' 1,293,388 1,329,818 1,632,810 1,855,142 63i«d. 59i*d. e^md. 5iiiBd_ O'leC 10'i-.o. IQisc. lO'uO. , <otoo» ^ -j o <1 ceo 5 CCCO 2 2 XCC h->o> 9 : CO^DqCO rxuuO«q wi^: (-' CCCDCCO I CO (9 CO A M , < -^^i MXC;i t^ : . oy I c^ CCCD ^^ M ooM cci;m' w COM ! CO to !** tfk f to COtOl-'l "-JM ci®o»» GOi^.O'' h-coxwt-CTixfco* ' COXio^ I CD CO<JCOOSO>«-||i'CCfOX C;*3 M OiCJ* W OfX en 9 01 i-t ^^ O CC a Cn cj: Cji tC to •-- CO to (0 c v. X coTo cc coi-:.^ lOtU.(Pb*JWO'XOS |t^ H- rfk Oi CO pi-g to h-'Ifc ^3s »^ x'tpfc *- C--V CO is».^tcc;iy'H'^-^-xo«xc*st3A»-'-JC-J-O<Xt-'f-'C00Jt0t0O*t-*W-^O(f^C0^C)*l»tD : o OCO *ai ^ ^i^)->i O W2 »0iCOtO X- cOf-^ i-fcoco ; ; M O • h-tO M^JMX: rfk oo-^ooi^xcctox. cox cscco». •^ I I I I 3 : CCV COWCO'-CH-" CO 278,000 48,990 126,000 214,000 28,000 § *« CO o 6» tit9 310.000 64.000 19S.200 156.000 10.000 »r; ct coco I 954,610 1,160,242 203,000 20.000 116,600 68,000 to cc 5 I I 922,218 160.000 25,000 79,800 134,000 3,000 o OS M Cr, 891,588 5 2 "^ WW too coco CCCC Total American Ecut Indian, Sraiit, <*«.— L'verpool stock Ljndon stock Oontlnental stocks India afloat for Europe Egypt, Brazil, *c., afloat — ; ccco o:C3 io® it.^ -1 I** ?! 631,000 174,0C0 52.000 259,272 41,670 2,300 c;« OL-q - 37.000 o Co 5 I o 15,503 1,400 2 IB ,000 50.000 205,572 42,280 736 CflOui o» coco 2 CCCOqCO 17,637 4,750 478,000 19t),000 i ' l»-|to- 9? 16S.8.11 493,000 23S,0C0 38,000 168,707 397.000 bales American afloat for Europe... Halted States stock United States Interior stock? . United States exports to-day.. cocogco COQD 2 " 01 csaico c6-cf. ° d ^ 1^ W J^ CO coco cr.ca -jO a I jida 5 (OCO CitCO C0t0o«9 cJi 0.0*1 ccco_to 1 — figures indicate a decrease in the cotton in sight of 36,430 bales as compared with the .same date of 1885, a decrease of 399,422 bales as compared with the corresponding date of 1884 and a decrease of 561,754 bales as c )mpared with 1888. AT THE INTBMOB TOWNS the movement that is the receipte for the week and since Sept, 1, the shipments for the week, and the stocks to-night, and the same items for the corresponding period of 1884-85— is set out in detail in the following statement XtOOCO 7* tJ 9i- 1,400 5i,000 2S,00O 259,272 41,670 2,3U0 The above 2 tf^ - «=*. I W 1^ 736 33,000 10.000 163.707 15,503 24,000 bales. 00 coco o CWr- rr" J^ 37,000 168,831 17,637 4,750 to-night I CDCOO^ M 5" •vj a 0':j> oo -I CCCO o -JXt 50.000 3,000 205..'>72 42,-JiSO Eur'pe 0,000 6'.!,000 Of The imports into Continental ports this week have been < : «3tDo=9 ceo i 2 . Js. !_c afloat for Total visible supply Piloe Mid. Upl., Liverpool f rice Mid. Upl.. New York "^ o?<: ** « to o» ccco*-co 332.G00 8,57.800 1,033.600 1,3C8.200 1,257,900 r,8,000 156.000 214,000 134,000 I coOco wo* ecu 275,800 «C0o^ c^ ccco *.- top: to oo toca 3,300 219,000 Total East India, MX)-** C 90O 900 I COO OP 300,0C0' I,3C0 170,000 5.000 51,000 8,000 10.000 g mOm -J CB »r w 430,200 400 22,000 Liverpool stock Coutlnental stocks I CO mmCm 13,000 10,000 957,900 3,800 45,000 30.000 2,100 8.200 103,000 9,900 63.000 17,000' 13,000 1.200 130.000 7,000 50,000 15,000 10,000 American en coco ©O: MtC 872,000 5.600 6^.400 47,000 S7,!iOO 1,293,388 1,329,818 1,692.810 1 ,855,142 Of the above, the totals of American and other descriptions are af> follows CCID i 701,000 4,0C0 43.400 39.000 1833. 909.000 48,900 Total visible supply C0!0o» MioOtO 9?>: Hamburg Egypt.Brazil.ic. ,aflt for E'r'pe Htock In United States ports .. Stock In U. S. interior towns.. United States exports to-day.. CDcCO B<i: cecos'co Total Qreat Britain stock iStoob at Amer'n eott'n s; !^ ccco I cccooco C coOti I i 2 crtooo e.-J oe u-i^Oco ^ccc • I 5 S •" cjco COM MCO CCCCcCO ;, c>:co «'" I CO *«: MM ctM oc-.: oo o ro K-. OP cccc ccco f? re to cskkj"* «|u; »r; MM 2 df KS> Ctfi)' I C£>0 5 CDCS coci'^ci ep: 5S2.000 2,300 64,000 Totai European stocks India cotton afloat for Europe. CDCCo*^ ccccCco I KM 2 KM CCMm^ ccecOt 0,0 Q 8 '§i CSc^CO ^ 2 cccc cico -* I I CC 0> C£C9 I S »< c^co c;»c*3 ceccc<? o 8(i8.000 Total Continental stockg tic. • ceco 2 cico c*- O 1834. 681,000 20.000 Stock at Bremen Stock at AniHterdam Stock at Eotterdam Stock at Antvrerp Stock at navre Stock at Marseilles Stock at Barcelona ^took at Genoa 3took at Trieste c» C 188S. 557.000 25,000 bales. CD CD V xLiir. The Visible Supplt of Cotton to-night, as made up by cable «nd telegraph, is as foUowa. The Continental stocks, as well as Aose for Great Britain and the afloat, are this week's returns, «id consequently all the European figures are brought down But to make the totals the comnlete to Thursday evening, figures for to-night (Aug. 13i, we add the item of exiwrts frcm the United States, iucludmg in it the exports of Friday only. iSi r Si i [vou Od) I Si CO I I Kl *". CO CO 10 »- Oi O* to If*- CCrf^tOOiCB to coo: oxQDcot-'ioc;'©! »-X'CXOCC--l ib.c;>oitox'-o-Jto C:0jO10C0^H«XXC0. xxcstoctciccto '. * Inolades Bates In Beptember, 1885, for September, 130,200 ; Bepteirber-October, for October, 301,700 ; September-No veinber, for November il6,40O; beptember-December, tor December, !)28,2oO; September-Jaouary, 'or January, 2,0O1.2UU; September-February, for Februarr 1,3/0,0(X September-March, for Marctb, 1.745,40(i; September-April' lor April. l.69.',800; September-May, for May, 2,793,100. SeptemberJune, fur June, •i.2ju,:iOu; September- July, for July, l,GrS7,800. or" Wo uave muluaed Jii tlio arjove taule, aiiu «u»ii uoutiune each week to give, tUe average price of futures eaoh aay for each montb. It will be found anrior each day followinK the abbreviation " Aver." The •verage for each month for the week Is alao given at bottom of taMe TraiiBTeiHbie Onlers—Saturday, 9-40e.; Monday S'-lOo.; Tuesday to CDtf^'rfi.CO'^ si *5' o M ; C3 M 03 H* M V w'ro'tF^V to CD CO '-I -kI I-" Oi >(* 00" #^*4-^0;tOC1^000-4tOCCCOl*»'OC-HOCn CO >-* ' XtO»-» c^ox ' en; co|>ac>:c;ibOO< exchanges have beea made duriag the week: •25 pd. to CXI h. 500 Sept. for March. Even 300 September for Aiigust. •04 •02 •43 •12 •01 Vo ^tf* **OiC0i-CO 9"35o.t Vve -i.tiwiHy, irS.'io.: Thuraday, 9-3ic.; Frtrt»v.9-30n fihcrt notices for Aug.-Monday, 9-3lc.; Friday, 9-23af8-21o. The h-jOUitopco^OpCCrf^jCpcncOpXOSfO 00 '-' IC >** *-> CO Vci'j |(k Cs'yf V]Vo'tj«'r. ^WCJ3iOCOO»-C>-4CJ05-JOOiXa»liX C^fCO^^ICntOOJ CO H«tUtO-4*».*---tm -OCX3CC0S*Ji-'tUWCD0> cc bO en I— • m; •^Hyn'. to CD CD c;< : oito&;co* ^^ XH follooring pd. t.i exch. 200 Sept. for Auj(. pd. to cxch. 500 Sept. for AuK. pd. to pxcb 200 Aug. for May. pa. toexch loo Aug. lor May. pd. to tich. 200 Nov. for Aug. •01 pd. to excU. 100 Out for Sept. •6o pd. to exch. ooO Aug. for July. •13 pd. to exch. 100 Nov. for J.m. 47 pit. to ex. £0;) Aug. for May. '14 pd. to exch. 260 Aug. tor Jan. co ay K) 03 *J -*^ to ^D Ui ^ M O CI M ^ H* The above coials snow luai tno oia mi/ctf'ior stocks nave cZecr«a«0d darinu; the week 2,083 bales and are to-nigbt 24,643 c;* !-• I I I AcacsT THE CHRONICLE. 18W.J 14, man Uuu mt tb« same period last year. Hme towns have been 3,708 bales more 195 The reoeiptB at reas beinK made with picking. Average thermometer 82, than the same hifthest 97, lowest 66. the receipte at all tbe Dallas, Texas. The weather has been warm and dry all week last year, and since September 1 towns are 741,530 bales more than for the same time in 1884-5. the week. Last week's rain was very beneficial, but unfortunately did not extend to some sections, which are now sufferQOOTATIOHS rOB MiDDUXO COTTOII AT OTHKB MARKETS. ing very much. Picking has begun. Average thermometer in the table below we nve the closing quotations of middling highest 99, lowest 71, ana other principal cotton markets for each 86, oottOD at Southern Austin, Teoeas. It has rained on one day of the week, but week. day of tbe past not enough to do mnch good. The rainfall reached ten hundredths of an inch. The drought is very severe, with muob OLosaM QooTAxioas voB am>DUiio oorroii ok— shedding. Picking has been commenced. The thermometer Aug. 1 j VsdiM*. Tlutrt. Aus. Mpm. JH. has avered 87, the highest being 103 and the lowes^Tl. Luling, Texas.— Vfe have had warm and dry weather all 9>« 9ii 91 1« OalTMrton 91i« the week. The drought is dreadful, and damage has been VewOrlaaiu. 2*>« done. There is much shedding and premature opening. 9 MoMl».„.... 9 9 9 9 9 9 Picking is progressing finely. The thermometer has averaged 9<4 9>« 9>« Vl« Okarlaatoa.. gu 88. ranging from 75 to 101. 9 9 9 9 WUnlngton .. 9 Columbia, Texas. The weather has been warm and dry all 9% 9^ 9H s«s 9^ gia «»« 9H 9H 9>i 9H the week and picking makes good headway. Crops are good, 9<« 9>« 9>< 9H 9H but they would I e benefitted by rain. Still, we fear its 9'. 9H coming lest it bring caterpillars. The thermometer has V* 9 9 9 9«* 9>« 6*1 ranged from 69 to 05, averaging 83. »^ »H 9H MamphU. 9>« 9>« 9>4 »<« 9>4 9*t Cxiero, Texas.— \l has rained splendidly on one day of the 9>* 9>* 9>« 9H 9>t 9*fl week, the ramfall reaching seventy-three hundredths of an 9I« 9>4 9>4 9H 9H inch. The crop contmuea almost unprecedentedly promising. THB Plamtatiowl—The following table Picking is making good progresc. Weather very ho'. Average liliralns the actual movement each week from the plan- thermometer 87, highest 103 and lowest 70. Brenham, Texas. We have had fine showers on two days Tbe figures do not inolnde orerland receipta nor latioBS. floathem oonsomption; they an aiiaply a sf temant of the of the week, the rainfall reaching fori y-eight hundredths of c< that part of the crop an inch. There has not been enough rain, e»periHlly for sandy weekly moveotent from the lilsiilaMnas lands and uplands, which are shedding badly. Picking is which finally reachas the market thfoni^ the ootports. going on nicely. Average thermometer 85, highest 100 and WMk lowest 80. Belton, Tteo*.—There has been no rain all the week. The use. UM. crop is suffering from drought, with severe shedding. Picking »lMi «,ni mjm sjai has besun. JmiT • .. The thermometer has averaged 8:2, tbe highest - 16.. III ST l>einK 98 and the lowest 63. UMV SlMi IJ94 •.m V^atherford, Texas. It has been showery on one day of >4» n.aw BM. i.ns M.. tlie week. Much damage has been done by drought, and the »>• •.. ti,fis <>,im Wlft outlook is anpromising. The thermometer has averaged 84, Wl' US* u.. ranging from 69 to 97. The atmre snimwil aaow 1. That tbe total reeeinn from a&w Orleans, LtuUiana. It has rained on one day of th» plantaMnna ainoe Seatanbar 1. 1885, are 5,347,430 bales; week, the rainfall reaching twelve hundredths af an inch. The the ia 1W4-85 wera 4,741,510 balas; ia 1888-84 were 4.:»).13S bales. thermometer has averaged 83. S.—TtMt. aHhongh the raaeipti at the outporto the past week 8f^r«e«port, Ltmisiann. Itainfall for the week four hunwere 6,880 bales, tiM aotnal norenMnt from plaatraans was dredths of an inch. The thermometer has ranged f ron OS to 97, only 5,579 bales, the balance bslDg taken from the stocks at averaging 81. the Interior towna. I^st year tbe reoeipu from the plantation) Columbus, MiuiMlppi. The weather has been warm and fer tbe same week wan 881 bales and for 1884 they were dry all the week. Cotton is much improved, and fruiting 1.98S bales. well. Caterpillars are reported to.have appeared, but with Aaoatn or Oorron ni Sraar Auo. 18.—In the uble below limited injury as yet. ••Kfre the reeeiptB fWmplanlalloiis ia anoti>er form, and add Lslartd, MU*UHppi.—\t has been clear all the week. to ttaem the aet oreriaad awrsMWu t to Aag. 1, and also tbe Cotton has commenced to open. The thermometer has averby Soatbera spinnera to the same date, so as to give aged 78, ranging from 65 to 00. Mkiagi abstantiallr the amount of cottca now in sight. LiUle Hurk, Arkansas. Four days of the week fair and the remainder clear, with light rain on Friday and WednesIU^*4. 1M4-M. 1M»«4. l«t-8S. day, The rainfall reached sixtysevtn hundredths of an inch. The thermometer atthsyortit* Aoc. IS MU.M7 4.7MM* «rtit> »,960,Se9 Up to date crops are above an average. has ranged from 07 to 93, averaging 79. oa Am*, fa is afltHMsbwl ftLSoa U.S31 a.Mi •30,790 Helsna, Arkansas.— The weather has been warm and dry week. Crop accounts are more favorable. Average I*»,i A.74S.S10 «.78eiUa S,99«.096 all the , Jet stwtssS IS AiiaT I •Sl.\S4 eiu/>«0 S71.700 U»M» thermometer 80, highest 92. lowest 08, I swiwiiMiiTi tp Amt' «M.ooe IfrijOOO, SM.OOO 339,000 MempMs, TennMsee,—\Ve have had light showers on two days of the week, the rainfall reaching six hundredths of an tMia la ilckt Aa«. a.47«,aeos.ei«,s7o i,64»,»i9a,9M.3** Cotton is doing well. The first open boll of the inch. Voctbara iptuMn' tattiisi t* season^ wiw received August 9, from Robert Webb, Shelby Co., Am;. 13 l.7.'a,S0a 1.370.8871 U4a,913; 1.789.001 Tenn. Last year the first boll arrived Aug. 1 from Otto Sey""^rcTfmle frwa e»pMni>»r i. pel, Shelby Co. Open bolls are now numerous. The therIt vUi be assa Uf the store tbat tbe ia saoeat In ilKbt mometer has averaged 79, the highest being 93 and the to-D>«bt. s* i eeied with Isrt T«sr, la 8»l balWk tbe iDcraaM lowest 67. aaepeipaRd wilh IWH* U 834.7X2 the dee row frtMB Last week there was rain on four days, the rainfall reaching 497.784 btand fifty hundredths. The thermometer ranged three WsATBia BcroBn bt Tblborapr. Our telegraphic advices from inches 9S, and averaged 78. During July rain fell on 63 to t04iight indicate that orer a cmsidcrable portion of the Suite seven days to the extent of five inches and fifty-two of Texas rain is now mnch nseded. In other simtioni of the hundrerlths. Average thermometer 80, highest 90 and lowest 64. Aa*/itW/e, Tt »««**««.— It has rained on three days of the ooMoo ttelt there lus lieea f artiMr improvement in the conwe<>k, the rainfall reaching fifty hundredths of an inch. The dUoBOf tbe crop—eaterplilan are reported in districta of thermometer has averaged 77, ranging from 67 to 87. Ooofsb, Florida, AlabMna and Mimissippl, but with no appreMobile, Alabama.— There has been no rain all the week. <irt>le injory as yet. Picking is making good progress in Caterpillars have appeared, but with limited injury as yet. The crop is developing promisingly. The thermometer has Texas. ranged from 68 to 91 averaging 80. tiMesfion, r««a«.— hare had rain oo three days of the MoiUaot»try, Alabama.— yfe have had warm and dry week, but net enough to do mnch good, tl>e rainfall having weather all the week, and crop accounts are more favorable Naobed only twenty-three haadrcdtha of an inch. Suffering in fact cotton lias considerably improved. Average therdnadfutly for rain. ReceipU of now cotton this week 1,581 mometer 80, highest 94 and lowest 67, Selma, Alabama.— We have had warm and dry weather Mao, soaking tbos far 1,888. The thennooMter has averaged all the week. The thermometer has averaged 83. m, tba highest being 01 and the loweat 77. Auburn, Alabama.—The weather has been warm and dry them B%dianola, naM«.— There has been no rain all the week, all the week. We hear rumors of caterpillars, but think we ai» nOTdIng It badlr. The crop is suffering. Picking of Mttlo importance. The crop is developing prommngly. from 64 to 93-6. makea good progrew. The thermometer has averaged 83, The thermometer has averaged 78, ranging Madison, Florida.— It has rained on six days of the week, ig from 78 to M. the rainfall rearhing three inches and ten hundredths. •fn*, 7V,»<w.— It has been showery on one day of the ISMk, the rainfall rMoWng seven handrodtbs of an inch. The are having too much rain and the plant is shedding. Caterinjury done is as yet limited. mvmk tbaOMk sona^ieetlons begin to need rata pillars have apptarid, though the gain. Picking has bsffoa. The thermometer bai raogoJ The thermometer has ranged from 77 to 102, averaging 86, Macon. »«ori^o.—Telegram not received. •oai *7 to 94, averaging 80. Columbus, eeorgia,—There has been no rain nil the week. Hm mUtUio, TtoMBt.-'Vfm hnve had rain rm three layi! of the thou!?li the injury ^Mw; Int ••• aaociti ninfn rrnfrhhlg Caterpillars are reported to have appeared, nfall has averaged 81, rnin .ijrairt, done !•) H» yet limited. The thermometer It Good 1 r 'g- the hiKlii St being OK and tl'.C lowest 74. •OMr(oia4hiu.. ii'.i« iirt'ii ijvii I. teles t!ie — — . . :- r* r" — v noM _^ — I um Mn — r. M« — — — — 1 U . w m»«au — We , M We I *~ I '1 ' 9«: THE CHRONICLK 196 Alexanana, SttUPt, Aug. 11. Savannah, Georgia,— It has rained on six days of the week, light on two, the rainfall reaching three inches and new Two bales sixty-five hundredths. this week, and several others advised. averaged 79, ranging from 72 to 91. received cotton [Vol. XLIII. 1885-86. 1884-85. 1883-84. Keoeipta (oantars*)— ThlBweek.... Blnoe Sept. 1 The thermometer has 2,923,000 8,613,000 2,690.000 TAif Since Thi$ Since Since Augusta, &eorgia.The weather has been warm during the voeek. Sept. 1. vieek. Sept. 1. week. 8ep(. 1. week, with general rain on four days, beneficial to crops, accounts from which are good, with promise of a fair average E iportB (bales)— Co Liverpool.... 232.0O0 299.000 253,000 ?ield. The thermometer has ranged from 68 to 89, averaging ro Continent ... 1.000176,000 203,000 1,000 140,000 inch. 8, and the rainfall reached fifty-one hundredths of an Total Enrope Atlanta, Oeorgia.—We have had no rain all the week. 1.000408,000 502,000 l.OOoi 393,000 To-day is the warmest of the summer. Average thermometer * A oaotar Is 98 lbs. highest 90, lowest 63. 76, This statement shows that the receipts for the week ending Albany, Georgia. We have had rain on one day and the Aug. 11 were cantars and the shipments to all Europe remainder of the week has been pleasant. The rainfall Caterpillars 1,000 bales. reached eighty-three hundredths of an inch. The Manchester Market.— Our report received from Manhave appeared, though with limited injury as yet. bottom crop vriU be poor. Picking is progressing finely, and chester to-night states that the market is dull but steady for six new bales have been received thus far. The thermometer both yarns and shirtings, and that the demand in each case continues poor. 333 cop twist is quoted at 7@7i^d. and 8}4 lb, has averaged 81, the highest being 93 and the lowest 68. Charleston, South Carolina.— We have had rain on five shirtings at 5s. 6d.@63. 6d. days of the week, the rainfall reaching one inch and thirtyThe Agricultural Department's August Rbport.—The one hundredttis. The thermometer has averaged 78, ranging following statement, showing the condition of cotton, was from 69 to 89. issued by the Department of Agriculture on August 10. Statehurg, South GaroUna,—It has rained lightly on one Tlie cotton crop lias suffered from wet weather In all States east of tlie day of the week, and more rain is needed. The rainfall reached Mississippi and in Louisiana. The average of condition lias been reduced from 86 to 81. Virginia, 75 Nortli Carolina, 74 South Carolina, thirteen hundredths of an inch. The crop is generally develGeorgia, 80; Florida, oping promisingly and fields are clean. The thermometer has 67; Texas, 88; Arkansas, 86; Alabama, 77 Mississippi, 79; Louisiana, 75; 96; Tennessee, 95. There has been a slight ranged from 66 to 90, averaging 77'8. advance in Arkansas. The decline Is heavy In the Carolinas. Wilson, North Carolina.— We have had rain on four days Collecting the three months' figures of the present season, of the week, the rainfall reaching one inch and eighty-five and comparing them with the reported condition for the same hundredths. Cotton is doing nicely. Average thermometer months of last season, we have the following results: — ; ; ; highest 88, lowest 66. 77, The following statement we have also received by telegraph, showing the height of the rivers at the points named at 3 o'clock August 12, 1886, and August 13, 1885. Aug. 12, 11 11 6 4 8 8 4 2 North Carolina. Simth Carolina. Georgia Florida 1 10 15 4 10 5 Alabama 9 ...Above low-water-mark. Above low-water-mark. * 8 Now mark reported above low-water mark. Instead of below high-water as prior to October 30. 1885. — 97 83 82 97 87 88 85 96 83 99 Missisippi Louisiana Texas Arkansas India Cotton Movement from all Poets, The receipts Tennessee and shipments of cotton at Bombay have been as follows for the week and year, bringing the figures down to Aug. BOXBAT RBCEIFTg AND SaiPHENTS FOB Shipmentt this Bril'n. 1886 1885 1884 1883 SMpmenis week Oreat Total. Britain Tear Oreat Continent. 5,000 2,000 1,000 2,000 1,000 2,000 2,000 7,000 3.000 1,000 4.000 306.000 216,000 481.000 410,000 Total. 640,000 946,000 458,000 674,000 595,000 1,076,000 770,000 1,210,000 IhU Tear. Week. Shijpment* tinee Shipments for the week. Continent. Britain. Oalcntta— 1886 1885 Total. Oreat Britain. 1. 38,000 17,000 Total. 94,000 71,400 3,000 12,000 4,000 500 12,500 4,000 2,000 1,000 2,000 1,000 22,000 24,700 16,000 25,700 38,000 50,400 2,000 1,000 6,000 1,000 92,000 83,100 52.500 42,700 144,500 125,800 3,000 Total all- 1886 1885 4,000 week show that the movement from is 5,000 bales more than same whole of India, therefore, the total week last year. For the January 1, 1886, and for the corresponding shipments since The above totals for the the ports other than periods of the Bombay two previous years, are as follows: BXPOBT8 TO BUBOPB FBOX ALL INDIA. 1886. BMpmentt 1o alt TMi Europe ttOM— wcefe. Bombajr 1885. Thil M>cek. Since Jan. 1. 1884. ThU week. Since Jan. 1. 3,000 1,000 674,000 125,800 1,000 1,076,000 8,000 180,000 13,000 1,090,500 4,000 709,800 9,00011,256,000 AT.mtANDEiA Receipts and Shipments.—Through arrangements we have made with Messrs. Davies, Benacm & Co., of Liverpool and Alexandria, we now receive a weekly cable of (be movements of cotton at Alexandria, Egypt. The f ollowin g and shipments for the past week and for the oorreeponding week of the previous two years. an the receipts 75 88 96 97 92 98 95 75 1 I 83'3 92 96 92 96 100 99 95 101 100 91 97 97 96-5 92-7 96-0 97-3 95-7 93-0 97-3 98-3 91-0 94-7 930 94-8 The returns have been iximplete from all parts of the belt, and our on county reports is oomplete. .Much Held work has been acnomplished during the month of July, resulting, the abandonment of some lands which were beyond rehowever, in demption and the thinning out In various localities of the lands from but from present indications this abandonment isnot calclearing up culated ro alter our acreage basis. Perhaps no seas in has shown to a greater extent than this the advantages of thorough cultivation, for where this has been the case the difference In the outlook of the crop Is very marked, accounting to a great extent for the conilioting reporta made from pretty mueli the same section. Glancing over the belt we ftud that the two Caroduas have continued on the downward scale. Alabama has made considerable Improvement. Georgia. Mississippi, Louisiana and Tennessee show some advance, while Arkansas has added neatly to her former good cundition. Texas, however, has just about held tier own, and tears are expressed in this latter state of a threatened drought in localities. Worms are mentioned, but no damage has been done thus far. The bulk of the crop east of the Mississippi Is. however, backward, and tlierefore dependent upon favorable conditions from now on for a maiutenanoe ot the present prospects. The condition of the crop by States is as follows Virginia, &o., 80 per cent North Carolina, 76; South Carolina, 71; Georgia, 80; Florida, 84; Alabama, 82 j Tennessee, 91; Arkansas, 97; Mississippi, 84; Louisiana, 82; Texas, 98. The average for the belt la 85-4, against 83-5 last month and 97 ; ; last year. in the Memphis District.— Mesws. Hill, FonCo. of Memphis pu Wished on August 7 their report on cotton for the month of July as follows: The weather during July was in the main favorable for cotton. The continuous rains which fell during June had made it impossible for farmers to work their crops, and the fair weather that followed enabled them to clean their fields, and the gloomy prospects as Indicated in our June report have given way to more cheerfid aoeounts. From all over the district the reports are that the plant is forming, blooming and boUing well. The present condition of the crop is favoraVde, and as compared with last year at this time Is equally as promising. Tlie picking season will not begin until toward the close of this month, and will not become general throughout the district until about the middle of September. The weather during August will have much to do with the ultimate outcome of the crop, but with favorable seasons the yield wiU be fully up to that of last year, especially in Arkansas, where the prospects are very bright for a full average crop. The Crop taine & South Carolina Agricultural Report.—The Commis- 946,000 144,500 7,000 6,000 All other porta. Total. Since Jan. I. 81-3 82-0 81-3 93-7 90-3 97-3 940 79 : Madrae1886 1885 Allother»— 1886 1885 January Continent. 58,000 54,400 1,000 1,000 B6-1 99 80 79 84 93 96 97 95 92 99 100 92 96 97 revision of the acreage based 9.000 1,347,000 2,000 978,000 5,000 1,528,000 3,000 1,534,000 According to the foregoing, Bombay appears to show an increase compared with last year in the week's receipts of 7,000 bales, and an increase in shipments of 4,000 bales, and the shipments since January 1 show an increase of 373,000 bales. The movement at Calcutta, Madras and other India ports for the last reported week and since the 1st of January, for two "Other ports" cover Ceylon, years, has been as follows. Taticoiin. Eurrachee and Coconada. Oreat 88-7 81 93 96 95 93 92 92 95 90 91 85 87-3 73-7 81-0 74 62 80 88 77 76 National Cotton Exchange Report. The report on cot ton for the month of July was issued by the National Cotton Exchange on August 10, and summarized as folio 'vs: Receipt*. 1 I 91 — FOITB TBABS. Since Jan. Oontinenl. Average 13. t s _£_ Feet. Inch. 3 Above low-water mark. Nashville.... ......... Above low-water mark. Yloksbnrg s '85. 7 2 Orleans*. ...... .Above low-water mark. Memphis Bhreveport... 1885. Statet. Inch. Feet. Hew Ang. 13, '86. 1886. sioner of Agriculture of South Carolina issued on August 10 Two hundred and fiftyhis report on cotton for August 1. seven replies, covering every county in the State, are summarized aa follows: The reports of the cotton crop, with few exceptions, are unfavorable. yield The correspondents generally concur In the opinion that a largercomUthan Is now anticipated will be realized if the fall is late. The August is in Upper Carolina 62, Middle Caiolma 66, tion on the Ist uf Lower Carolina 73; averaee for the Btate, 6 7, which Is lower than It has been at any time since the war. Georgia's Fiest Bale.— The first bale of the new crop of cotton grown in Georgia arrived at Savannah August 7. It D. I. Mclntyre, having been was consigned to Messrs. M. Y. Mitchell of Thomasshipped to them by Slessrs. Williams & ville. It & was passed by the Cotton Exchange Committee on Acocsr THE CHRONICLE. 14, 1888.] crop of 1888-87 received tX SaTannah. It weif^bed 463 pounds, classed low middling, auction in front of the Cotton Exchan^ on and was sold by the day of its rtceipt to Meesra. Winterbottom, Richman Co. of Savanoab. and by them was shipped to Messrs. S. Munn, Co., 123 Pearl Street, New York City, arriving at its Son destination August 11. The purchaser p<dd 10 cents per pound for the bale. The first bale last year was shipped by Primus W. Jones about August 1, bat the bale did not pass muster. seoond bale, which was aooepted, was received from him August 6, a day etrlier than the one this y<>ar. Ootton freights the past week have been as follows: cla««iflo«tion aa the fint bale of the & & A Cotton Mill Dividexds.— From the Boston Commercial SuUetin of July 31 we take the following: OOROa KILL DnriOBITDS. This Ust of Angaat dlvldaada to be found la another eolamn, aa compiled b7 our ova n^orter*, aoatato* oaa v«rr noteworthy fektore, aad tkat latbo laeraaaed pajnaaatt alt atocff tba Uas hj the textile, and paitlealailr the aoUoa. mannCawtuHaK oorporatlona. Bcventeen Oto, of whioh Ian am PaU Blvar aerporaltoaa. have declared dividends pagraola Aagnat. We coaipUe the following table aa showlnff the Improved litaatioe at a glaooe MK* m amtB MILU. WALL MUL DMdntd. Craeeeat S 1% >* 400.000 960,000 »&0,000 800.000 000,000 IS 1% tore 330.000 400.000 1.000.000 1 Teenmaeh t WamtMUMWc S !> Merchanto- Banianl Karracaaeett. Klac Philip ttul DitidtHd. aMOjOOO l>s LaorelLake Bobeaoa Otmttnl OeU, 'Si, 1% F^K.-St,!}*!, 4*b In 1884. Apr.. 'U, 1% Mm. Tutt. »»> ».ta ^31 aaU...d. .... ..•• ..•• Havre, ateam e. Do saU e. Bremen, steam.. e. »l« »l« .--. .... "M tkUur. Uveipool, steam d. Do Fehw, Jan.. Apr., Feb., '86, '84. "83. '86, S% lii% 1% 11*% » s OoidU Jxu( mtldtnd. F. 300,1100 F, i> 2 Wlathrop 4 s -jij^ y 4M.000 Maaaaebaeetis. •*r,. i 130.000 Tboradlke . K.-i. Feb., 2"' K* l'".O00 Feb., 1.47i>.UoO F>b.. '46, oH toaslMa aatttng forth of the "^SSL tlMB.isaB saiBiiraalaa slwl n n ••twMMfeNltaMtalfesiaiaUtorirtx month* peer. aaiaaCaian of ooiiaa gooda. The wo<iiea BoflMtafCfa Ml' lb* topMrwaaat seaM noatha a(o. The evtton braaeh ha* b*«8 alowar ta firat tkaahaaoa The laprov iasat la eeC Hai wm4» ka* »ai marked elnee the flr*t of Ik* jaar aad was taafttlia apwart \ttm t Ihea. The ezp<>ru hare tnaMBsadlar«alr,CMBaMiw««rkas8«astaaMr. Frlnt cloth* at their •rssat^aotaUoaor 3la3% saala an hlcber than foralonx period. are «atr 360,000 ptoeasaahaad la tSa eoontry.and the outlook la asMMerad eaeaaiaaiar. AB tha rwi Klvar mBi itnaks are Isadlac apwani, and there u tald to be bettar bortac fioai laalda parties Ihaa for a lone time iirvTluiMlj-. n«a of the ordara are for tb« prcaent wants of bayers. Prices are . , nuUbatei, Uvenool. par ataaaMn Ailaoaa. 1,4bo. of Berlin, l,179....0ermaale, 53S.... Aaraata. 270.. ..at7 Spain. 3,046 ToHoli, parateaaiar Bnflklo, 1,644 1.644 To Havre, par ataaoar La Boiirxocne, 103 109 To Itr eaisM . par rt sa ia sr Rketn. ao To Haaikart, per iteaaMrt lMain«. 300....TBonnlna. 930... 1,3*0 .^To Ocaoa. par atraoier Poraoaaia. 100 100 _ Vb«0«uu«s-T» Uvatpool. par atwinars Ansaaonenae. 1.496 4,147 BAunMma—T» -TaUranaal, 400 Keaaaiore. 400 Boaroa-To I Bavarlaa. 8a3....Iawa, 298 8ottW%_i 1,366 PBLApcLriUA- To Liverpool, perateamera tadtaoa. 997. ...Lam CMO YSI^.l ..'.... I.".... ....7.7.r.T7.".~rr.^r.'.".''.".".T _ ___ JewTork f.Orlaaaa Baltaaoro aysa nUadalp'a pee*. 6.010 4.147 Bull. 1,644 Barf. 106 m. tntrg. SO 1,330 Otnoa. 100 Total. 9,639 4,147 400 400 1.366 1,790 1.366 1.790 14.173 1,644 100 SO 1,330 100 "aa »1« »1« •is *IS la 39* 39* 39* 85* 35* Do BaU....e. .... 35' Amat'd'm, steam.e. Do aaU...o. Do aaU .... ...• *.•• .... X.. d. Beval, ateam "S4 ».« ^*M "m "«4 d. Trleete, steam.. -d. Antwerp, steam.d. • For UK) Iba. "S4 ... .... Bareelona,ateame. H H «• H % >S H »la «l« »w »1« 3l« 'i« ««4 "«4 "«4 "(4 "«4 % "S4 >• "S H H — LrvKKPOOL. By cable from Liverpool, we liave the following statement of the week's sales, stocks, &c., at that port. add previous weeks for comparison. We Julg 23 lalesofthe week... baleaOf which exporters took Of which apeoalators 94,000 3,000 3,000 43,000 4,000 7,000 601,000 437,000 33.000 27.000 137,000 48,000 took.. Amerloaa Aetual export Forwarded rntal stook— Eatlmated Ot which Amerloaa—BsUm'd Of which American amount afloat Ot whioh American The tone .... July 30 99,000 2,000 2,000 48.000 6.000 4,000 996,000 426,000 99,000 40,000 116,000 40,000 Awg.e. 37,000 2,000 1,000 31,000 3.000 8,000 991,000 423.000 41,000 31.000 93,000 27,000 Aug. 13. 90,000 4.000 1,000 42,000 2,000 9.000 997.000 397,000 18,000 18,000 93,000 30,000 market for spots and futures each day of the week ending Aug. 13, and the daily dosing prioea spot ootton. have been as follows: of of the Liverpool ScuurOay Jronday. IWaday. i|)0<. Ifarket, In bnjert' In boyen' favor. taror. 13:30 P.M. 9«« 9»1« 7,000 900 SOO / Market, In bnTsra' faror. 10,000 1.000 's8,000 8,000 900 900 Steadrat Opened at Steadr at Staadr at I Si* 9'4 raoee. l.S4<le- Dnll. cUne. vanoe. steadr. 1.84 decline. Steadr ataa adrsnoe. Oaiet Market, 4 8,000 More doing. 9»„ 900 MkLoA'na. St4 5»ia 7.000 Mid. Upl'da 13:30 r.M. DulL Wtdnu. ntwadV- JHday. ( I p. a. Weak. Doll. Steadier. liat Verr doll. gniet. teulr. The openmg, lowen and closing prices of futures at each day of the week are given below. These highest, Idverpool for on the baaia o< Upbuids, Low Middling clause, unless otherwise stated. Tht pHem art ptaan in petMS and 64<*«, lAia.- 4 63 means and 9 01 meana A I -«4d. prices are i 8«i.. A as. 7. Or«i B<l«k u». 4. 4. 4. Bll 911 8eBU0ha»- Sll Sepcoet... B07 oakf^rov... S04 Sll Sll su 807 S04 SOS SOS Oec-Jan.... SOS 308 JaB.-reK... S04 S04 Feb..aiarch SOS soa Nov.-I>ee... OI<M. aa., A as. 9. 0»M> fftfk £*w. 4. SU su Sll Sll 807 804 BOS 508 S04 Boe soe Sll Bll S07 B04 soa S03 sot S 10 B 10 8 10 SOS B04 SOS soa S04 BOS ' 1 4. S 10 4. Ola*. opm «. 4. BOS SOS 800 BOO BOO BOS BOS am BOS soa SOS SOS 802 803 SOS 606 BOS 8 10 SOS BID BOS S04 BOS SOS 804 BOS Wedaoen Ans .11. Thnra., Ans. IJ. 0pm Hi«ll «. 800 SOS Auanat Anc-aept.. SOS soe eptember. SOB soa ept..Oet... SOS SOS Oet.-NoT„.. SM 804 NoT.-D*e. BOS SOS Dao.^an.... BOS 503 Jao-rab.... sot 6 04 reb.-Marah 808 SOS . U»c. Oh» t. i SOS soe SOS soe 804 808 BOS 304 SOS soe BOS soe B04 S04 BOS 603 804 806 4. 4. 4. 607 607 507 307 6 07 607 604 804 809 803 6 01 801 801 6 01 801 801 BOS 603 803 303 B04 604 8 01 801 807 607 607 304 BOS 6 01 601 807 S07 807 sot Boa 807 S07 B07 804 SOI SOO 600 BOS H4«k iMoi Ola*. 4. 4. 807 SOT 807 807 807 807 8 04 804 8 01 6 01 SOO BOO SOO BOO 5 02 508 8 04 804 604 Vrl., nr BOT SOT SOT 801 SOX 80 SOU 801 804 Ana. 1 Low. Oot. Op«n Bifk Ln». OpfH 4. Taea., Aaa. ] 10. 4. 4. 4. 808 808 808 B06 606 608 603 804 60S 603 Boe BOS BOS 504 BOS 303 B04 308 308 506 306 BOB 603 BOS Boa 304 608 4. 609 BOO BOO 806 804 SOS 803 804 SOS 17,303 Balow we add the cleannoea thia week of vessels carrying ootton from United Stataa porta, brlmdng oar daU down to thalatMtdatMt eai;Vam«-ror Uvarpoirf-Aag. 7-Bark Herbert, 899. Wa^Oataaaa-roc Uvanwol - An^t. 7-Bteamer Bdltor, 987. ^^ For Haabanr-Aaa. 10 - Steamer PHor. 183. BAiTiMoaa-ftor Itraiee An» I l-at«amar America. 100. FaiLAMiLrau— fOrUv«rpeol-An«. lO-aieaoMr British KIor, 1,992. Balow wa give all naws received to date of disasters to ve6> nla oarry oottoa firom United Statea ports, *&: TAfomtA, at sa aw r (Br.), taare was a Are sranna tka cotton on Brltuh jtaaiw ar Pavoala. at Uvarpool Aos. 1 from Boaton. Throe balea w eto niiriiMi. Trwraotmi. atMnwr (Br.), 130 balm rnttnn aalved from ateomcr Tynonmitb (Br.), auak at ToaohoUlatt, were taken to ilarllnKoa Jaljr 33L i« >>3S 4. partioalara of theaa shipmenta, arranged in our usual torm. are aa follows: IMmrBum- Boat- >16 »ts 1,790 The »!• "m — oongb. I.XS3 »1« "31 • .• l „ _ Kaw _ ToBK-T> Ha »!« JCTB BOTTS, BAOODto, fto.—Thoi* has been a good demand SpecAexp, for baggiag daring the paat w««k and icooda are moving off ruturtt. •teadily. Soma inqolrr is raportad for Uuva lots, though most taadlly bald and no dtswioitkHi ia shown by sellers to accept \tm than our flgnrta, whioh ara 7c for lU lb., 7i^c for Vi lb., e^c for 3 lb. and 8H06Va for fCaadard gra<le<i. Butts ai» not active, though a fair bnalii— ia in progress, aod soma a,000 balea are reportad plaoed at 1,^(31 11-lSc. for paper grades and 2^'(93 >4'c_ for . bagging qaaliUes, the market 2^03 ij ' doaingatcad at theaa flgnna. iwn—Tha asMti oT oottoa from the Unit«d itha waofc aa per latest moU ratorea, have reached 17,aoabalMk So far aathaSooUMm porta an concenied, theaa an tha mom azporta repotted by telsgrapb, and pabliahed ia the GtaaomoLa bat FHday. 'VHth regard to New York wa teslndo tha minWI i ci aU Toanla cleatad np to Thursday aiglit of tfate weak. >S9 .... n>tal Import of the week. 1. "00,000 IH. I%Mr<. »3S saU....e. Do Sales CapUmt. 91,000,000 a IFadnM. Hamborg, 8t«am.o. ASIn18SI. MW.OOO MM. liuoafa Boetnn Doek... 197 BREADSTUFFS. FaiDAT. p. M.. Angaat 13, 1886. 'The flour market shows no new feature. There has been a moderate demand from the local trade, but dealers and bakers ee little to encourage purchases beyond their immediate wants. The shipping demand has been fair. Rye flour and com meal have been quiet, but a scarcity causes them to be held higher. The wheat market was dull and depressed down to the opening The flurry in the money market puti ot Wednesday's busineed. THE CHRONICLE 198 for a time, a check upon speculative action, and increased supBut the export depiles had a tendency in the same direction. mand became larger and steady the quality is so fine that it may be held with safety, and to-day the foreign markets were better, with reports of untimely rains in Great Britain, giving The exports from the ending Aug. axm. [Vol, several seaboard ports fcr the week shown in the annexed statement: are 7, 1886, , ; speculation a fresh impulse, and causing a smart advance in Talues, and a large business for export was reported. DklhT 0LO8IM0 FBIOBS OF HO. Z BSD WINTBB WHBi.T. Fri. Wed. Thur$. Tue*. 8at. Ifon. 8668 85 85 >a 85 86% 85 In UevatOT 84 '8 86% riS R4°8 8514 84>a August delivery 85 »« 86>4 88 85% 8614 85% Beptember delivery 89=8 8758 8718 8718 87>« 86% October dcllveiy 90<>8 9278 9018 90 >9 e9<^ I>eeember delivery..... ... 90*8 9II9 91 13 94 >4 92 91 Januarr delivery 96i>8 9714 99 96 96 Vl 96% May delivery 97>4 Juno delivery Indian com futures were somewhat depressed early in the •week, but the market has shown an improving tendency in the past two or three days, although business in the regular way •was very dull. There is no doubt that the growing crop has in some sections been a good deal damaged by drought and the aggregate yield will fall considerably below an average. Today there was a fresh advance, with the sule of a considerable line of No. 2 mixed at 51J^c. in store. OAII.T OLOSmO PBIOBS OF NO Z AxED COBH. Fri. Wed. IKur: Sat. Mon. Tuei. SQig 5119 50 14 5014 50 Aneast dellverv 511a BBptember delivery October delivery Novell, ber dell very 60% 51% 51% 51^8 52ia 51 14 5^14 52=8 52% 5218 5214 5338 5218 5318 52i« 52ig 53=8 54 Oats declined sharply in the course of Tuesday and Wednesday, especially for lots on the spot and for prompt delivery. There was an extreme pressure to sell, which met with no adequate demand. Yesterday the decline was checked, with some irregularity. To-day there was a very general advance, but most decided for mixed for prompt delivery. DAILY OLOSmO PKICE8 OF NO. 2 OATS. Hon. Txif.n. Wed. Tkurt. Fri. Sat. 33=8 33>4 3258 33 August deUverv 34 3^3i 33i8 33ia 3338 September delivery 3338 SS'^s 33H 3438 34 3419 3438 October delivery Si's Rye is quiet. Canada Peas held higher. Barley malt firm. Barley, of the new crop, is pretty freely offered by sample, but prices are not yet established. The following are the closing quotations: FLO OB. Fine V bW. $1 80® 2 80 aonth'n com. extras.. $3 00t> 3 25 Buperttne 2 25r 2 90 Soathem bakers' and Spring wheat extras. 2 85 a 3 35 family brands 3 409 3 75 Minn, clear and stra't. 3 50* 4 65 Sve floui, superfine.. 3 35» a 70 Winter sliipp'g extras. 2 90'» 3 50 Fine 2 308 2 60 Winter XX & XXX.. •J 509 4 60 Corn meal— Patents 4 409 5 00 Western, Ao 2 40i» 2 90 2 6ui> SOU Brandywlne. Ao.... 2 900 2 95 Sontbem sDpeis Sm QBALN. Sprlng,per bush. BpringNo.2 Bed winter, No. 2 Bed winter White Oom^West. mixed West. mix. No. 2. West, white West, yellow White Southern.. Yellow Southern. 55 o State and Canada... 56 • Oats— IVBxed 32 9 Wlilte 37 e 33i4» Mo.2mlxed No. 2 white oSHIt Barley Malt— Canada 90 ai State, tworowed... 75 a State, six-rowed 85 ® Peas— Canada 67 » Rye—Western 80 » 85isa 87 « 90 87 HH 9 91 • 90 47 9 52 5lia» 52 48 9 53 48 9 53 52 9 55 48 9 53 78 82 FUmr. Wheat. BbU.l»6lbt Bmh.eo Ctaloafro.. 6(5,622 Mllwaakee.. Toledo. 68,446 7.268 . Detroit. 2,271 . Clevelud... St. Loalg. 4.554 21,128 ... Peoria.... 1.625 Dttlath.... Tot. »k. Com. ei&fion 101,039 iks.eia 605,238 75,214 785,807 8,600 113,173 Oatt. Bu4lt.Sll Ibt Barley. 1,091.558 12,900 <7,192 51,725 23,670 62.888 57.000 9,238 12,075 Ih 46,332 9U0 11,015 27,1)00 LOSS 8,SS7 370,680 4,750 10,000 142,130 15.034 0,509 102.131 38.677 1.725,809 ,095,50© l,246,'l8n 1.061.659 201.564 2,&8«,210 1.694,228 667,055 930,213 84,50a aittceJulvXi me 335,13s 193.744 390.3B2 1884.... 7.129,005 3.203,225 ,450,041 2,ttl!6,058 2.673.31)5 791.751 4.6y8.9!;S 3.164.314 ,652,768 198,759 29,671 30,451 558,316 135,484 23,769 4,83£ 77,64* 774,526 112,927 113,063 22,457 49,40» 9' Flmir, bbU. At- ... Boston Portland Montreal Wheat, buth. 125.763 1.477,730 63,303 86,175 14,005 15,763 27,528 4,830 19,894 Corn, Oati, bu»h. 6u(A, 496.012 70,4S1 231,350 28,759 262,478 619,751 162,824 7.13,293 17,327 106,330 36,130 16,536 40,092 19.919 41,750 57,202 1,325 46,632 Cor. •week '85.. 143,032 1,015,1)85 725,732 592,033 Philadelphia... Baltimore Biohmond New -w'k. me time 1885. Orleans... 2.M30 Barley, 5u«A. 1,920 600 Rye. biith, 3,361 2,062 1,800 19,9:i8 55.37T EXPOETS OF Brkadstuffs FOR JuLY, 1886.— The following the statement issued by the Bureau of Statistic* shows the exports of domestic breadstuffs from the under mentioned customs districts of the United States for th& month of July in 1886 and 1885, and for the seven months since January 1, 1886 made up from : July. 1886. Brendstuffg 1886. ExtHtrts. Qu'ntUiea Seven Months. 1885. Value. Vahie. iQu'ntitiesl Quantities 1 Value. Barley, blUsh. New Vork Boston Philadelphia.. •Baltimore New OrJeans. TS- San F.SWIl'm'le Other cue. dist's* 9,769 7.316 "ii^iii, 20,275 9,818 12,435 7,321 127,964 78,478- 1,101,762 248,561 108,532 2,12.3.551 395,20-i 1.351,540 14,238,741 1,810,993 1.415.032 12,880,401 7,11 4.87a B.2S.'i,8,S5 935 7W 2,927,507 13,417 237.588 124,9-e Total, barley. C(trn,bit.sh. New York Boston New Orleans. 34S.6:il Siau F.&Wil'ui'te Other COS. dist's* 0,301 737,404 530,102 128,712 sa.uoo 346,252 163,465 J. 309 280,330 Total, com... . Corn-meal. bbls. 3.283,053 ,501,266 1,018,742 2,243,638 11.801 38,597 20,511 14,869 9,449 1,750 43,501 25,524 5,312 75,076 47,842 4,178 218,719. 1,014 968 4 313 15 "'iim 17.679 66.781 Philadelphia. Kaltimore 731,862 New York Boston 8,39(1 Baltimore New Orleans San F.SWil'iu'te other CU8. dist's* 19.882 5,918.034 978.7681 886,34)5. 5,911,467 2,598,768. 42,138,968] 20,226,108 117,H4a 11,62« 1 "9,751 l,6n9 23,623 63,862 27,947 85,852 145,103 405,026. 10,714 4,751 20.'! 663.838 2,871 220,619. 390 168.863 444 2,585 1,00U 65.634 819 New York 8 318 2 'sVisi Total, corn-meal O'lte, bush. 1,194 6,641 2,418. 460 14 H 5 10,210; 4,0.37 64.617 5,S92 21,8*1. 1,718: 642,583| 251,84» Boston Philadelphia.. Baltimore New 224.059 198,181 284,123 59.834 830.478 519,762 111,226 Ptiiladelpbla.... 72 48 7 4,571 2,117 1,466 8,434 Orleans. San F.&WH'm'te Other ous. dist's* 4.816 S,63l 8,766 Oatmexll. lbs. Y'ork ^ew 432,3.39 Boston 406,180 17,500 Philadelphia.. 179.333 71,084 14,115 11,461 581.975 228,'200 13,656 6.215 16,210 700 628,680 140.400 .. Snn F.sWirm'te 1,814.122 4,122,400 44. 1,315 50,077 102.02O 483,600 14,590 3,232,670, 6,61ti New Orleans.. 92319. 95 5. 9,352 81,948 1,129,000 19,98» ""293 7.600 8,320 231 208 9,000 467.600 871.839 28.718 2,048,855 49,341 10,883,636 281,286. 10,253 6,009 19,190 14,770 56,683 38,7a» 8,400 15,984 Total, oatmeal liye.bush. New "York 6,049 10,129 20.036 1.309 11,03« 43,174 80,948 78.028' 50,807 1.836. Boston Philadelphia... Baltimore New Orleans. . San F.iWll'm'tB Otiier ous. dist's' 10,253 Total, rye 6,008 ll'/icaf, bu))i. New 3,628,790 3,083.129 1.571.S07 1,537,952 17.924.8701 16,267.373 York. 33.140 27,254 25.504 26.504 9B9.113; 869,420 Boston 424.382 376,426 271,436 1.641,212' 265,460 1,767,489; PhUadelplUa 758,972 618.947 639.487 Baltimore 513,164 2,749,672 2,442.79'.i 3,079 2,653 28.121 21.07» New Orleans 891,748 17.837,187 13,698,058 San F.*Wli'm'le 1,450,658 1,081,522 1,037,449 32l,,S14 261,862 187,161 2,107,685' 144,426 1,764,086. Other cus. dist's* Total, wheat. W-lwat-ftour, New 6,518,735 6.481,783 3,602.784 8.378,234 274,098 210,917 27,896 268,570 3.946 146,846 44,701 1,127,375 1,133,233 233,180 136,789 87,848 02,731 1,047,154 715,484 42,773,9871 36,607,014 bbU Y'ork Baltimore New Orleans San F.*Wirm'te Other cus. dist's' 138,612 1.296,954 18,663 669.468 196,242 4.472.487| 65.387 69.092 596,620 2.865.548 1,826,708; 1,077,421; 167,245 801,051 8.161 274.208 342.246 1,!>96 7.962,87» 6,738,922 246,441 1.244.979. 87.S.()43l 819.159 233.391 4,84S,890 »».8ra 8,197,084 1,063,186 6,096,648 23.631.659 19,486; Totalt. New 'York 4,799,127 1.321 .o«l 687,884 2,291,153 174,726 1,857,409 4.080.881 755,839 086,498 &.488,42» ,111,670,649 8,721,811 81,432,215^ Boston New Orleans , San F.4.Wil'm'te Other COS. disc's* The receipts of flour and gram at the seaboard ports for the week ended Aug. 7, 1886, follow: New York. 22,26S 4,836 250 Tot. BaltiDJOre 195.897 75,523 141.856 3,519 38 Philadelphia 186S 57,567 6,255 614 Total, wheat-flo'f "976,973 3,063,191 99,949{ BHth. 19,962 Philadelphia 341.51 iO Buth 6.117 14,523 50,378 Boston 500 500 Pmw. Btuh. 155,777 3,860 51,427 49,868 03 80 Ryt. Rye. Bbts. Montreal. PhUadel.. Baltlm're N.Orl'ns. Klohm''d Otliercus. dist's* 138,910 75,030 170.809 8»me wk. '85 SMue wk, '84 118,789 16,528 ew York if Baltimore 68 Oatt. Boston. . N. News. 3413 3919 90 Flour. Btuh. 297,384 Total, oats Ua'Smh.tSlbilJtuthStl 1,432,464 Com. Wh»at. ftOM— 56 68 36 44 The movement of breadstufis to market is indicated In tt e statements below, prepared by us from the flares of the Ne-w York Produce Exchange, We first give the receipts at Western lake and river ports, arranged so as to present the comparative movement for the week ending Aug. 7, 1886, and since July 21 for each of the last three years: BtcUrt* at—\ Swpftt Grand " total.. Other customs : Duluth, Minnesota Huron, Michigan Miami, Ohio 1,111.467 78.188 1.177,811 New Haven, districts Brazos, Texas Chicago, Illinois Detrcnt. Michiiiau 895,989 668,592 85,394 214,468 48.793 807.734 18.SS0 71.200 Connecticut. Maine Richmond, Virclnia Yorktown, Virginia Poi'tland, Total. 31,873,274 7.803.88« 3.601.129 12.692.017 8.0«3.68l> 18.910.91 t3.42» 2,364 60,97* 23,269 $i55,83» Not B.— This statement Includes about articles named from ail 98 per cent of the entire exports of th© ports of the country. 50 supply of grain, comprising the stocks in granary ait the principal points of accumulation at lake and seaboard ports, an 1 in transit by rail and water, Aug. 7, 1886 : The ....... 16,045 'Wsible AcocsT Oau, Com, InHntatVewTorc kuth 33i.O0O Do ... 2.lS*.iS4 107,900 JO.JMO BarUi., butA. 1.522 buth. 62,704 13.000 «.279 8,300.215 2.723,192 912,417 150,35 i 68.718 iiloe 51^495 Do 15,827 afloat. Do 3.039,30 afloat Tolado 2.977.9(17 OMTOtt 2,109 70.0O0 OiWMD tiO.OOO 3.a7.>,2ia flt.Lo>la ~ WtOoo 20.235 TbtiMito..... .••.. .^17.173 BbmIa. 804.221 a.7U0 223.750 ss.Vij 977.16:J 263, ISO 18.000 399.0 i9 miadolpbU 76.361 9,102 5,3-25 2.000 26,793 35.000 431 313 S.OitO 7.97!» 16,1122 31,7tiO 7,827 4,'>55 27:1.1 K)5 Montraal 33.953 27.8^0 3i,a09 323.9<S1 !)2.-,<»iJ 82.597 57,103 75.i«4 37.2iO 3,903 3«i450 61,933 8.SHt 25.300 Avg. 8, lS8,i. Axtp. 9, 18«4. 1833. 74,000 29.000 •liinufrs. 415,000 259,000 320,000 285,000 41'AUOO 622,000 310,000 200,000 132,000 243.000 282,000 60,00O ore 3,tOO 3,0Sl.i39 Daluth 7, l-i^B. of Print Cl'}lh*— 20.(X)6 afloat. MUwaokee.. Aug. Slncl: iirers... 373,0dl. 1.200 2,S3j.7u9 Do <Silaa«e buMK. 16S.137 bttMh. l,8*!i.475 Do afloat.... Albany 199 = THE CHRONICLE. 14. 1886.] 11.316 3,500 161 8.534 Ouhtidu aptxulaioiii !t4,000 (eat) 25,000 Aug. 11, Total utook (piec«B> 222,000 1,279,0001,544,000 717,000 Prints were in light and unsatiafactory demand at first hands, but a very fair business (in package and assorted lot? was done by leading jobl)er8. Ginghams were less freely taken by package buyer?, but there was a good steady demand for crinkled seersuckers, cotton dress goods and cotton hosiery. DoKESTic Woolen Goods.— Men's- wear woolens were in moderate demand by the wholesale clothing trade, and the tone of the market continues firm. Spring worsteds and caasimeres were opened by several of the commission houses though a slight advance is and cheerfully acquiesced in by Do afloat buyers, because of the enhanced cost of raw materials. For 2,3jn.73a Minoaapolta heavy clothing woolens the demand waa chiefly for small « 17.000 et.PMU. 47.103 119,000 i';%,9oo OS HlMlaflpi)!... duplicate parcels of caasimeres, worsted suitings and over776. JU4 1,150.102 On lake* 672.300 3.016.000 On canal coatings. Kentucky jeans and satinets were more active in 420,847 252.S84 movement than demand, fair deliveries of these goods having Aa>. 7. -W. 36.752.874 8.695.346 2.021,2J 371,536 226,99 Tot. Jaur 31. '8H wii^KUiU « ill. i.M) 1.751.774 17«,<)3.'5 :s«,3H» 105,7h6 been made by agents on account of former transactions* Tgt.Aac. 8, '« X8.469 211.510 1S0.H1S Cloakings tAA Jersey cloths were in moderate request, and ToCAu*. 9. -- ....--.- ..-.^33348 1,376,127 333,548 Tot. Aux. 11. S- — there waa a good steady movement in soft wool drees goods, this week'* sot leetlTed. IrfMrt w«ak't (toek ladies cloths, tricots, cashmeres and other all-wool and worsted 1 0t. 1*801 not laolBrtad. dress fabrics at firm prices. Flatmels and blankets were less active in first hands, but prices remain firm, and stocks are remarkably light. Shawls and skirts continue in fair request, and there was a moderate business in carpets, wool hosiery vbw tou. FrMar. P- M., Aug. IS, isee. and knit underwear. Ther« was a comftntittij amaU force of out-of-town FoBXiON Dry Goods. TherewasafairbtisinesB in imported pacluge bu7«r* ia the xataku the past week, and the demand goods, but the demand was somewhat irregular. Dress goods «t lint hand* waa ooaaHiaeBtljr light and irregnUr; but manu were in moderate request, and both British and Continental iBdlanapolU S'l'i.iOO Bamatorfi..'.'.'.'.'.'. 81.7SI3 ^1*0.379 301,577 at about demanded year's last in some prices, eases I li ; THE DRY GOODS TRADE. — /aotann' agenta oontlnned to charge ap and make libera' dellTeriee cf doaaeatio ootioa and woolen gooda, hosiery, knit underwear, *a, on account of former tranaaotions, and aHogetbar the volome of boaineaa waa fairly wtiafactory, though donblleaa below the arerage of many preceding weeks. The jobbing trade waa lomewhat irregnlar, boaln aaa baring bean reintively quiet with hoiuea doing a near-lqr tnde, while « moderately large diatribotioD of itaple and depanment goods waa made by laadJng jotaban who cnt«r for the wants of Scuthein fabrics are very firmly held. Piece silks ruli<d quiet, but demand and ribbons were fairly active. Light-weight clothing woolens have met with marked attention, and some good orders i^ern placed for future delivery. Linen goods were only in moderate request, and laces and embroideries other than a few specialtiesruled quiet. Hosiery and fabric gloves were less active in demand, but tbe movement on account of back orders was velvets and plushes were in pretty good — fairly liberal. Importatlona of Dry GooAs. Tbe importations of dry goods at this port for the week ending .Vug. 12, 1884, and since Jan. 1, and the same facts for There was a continuous the corresponding periods are as follows: and Weatern raUOera. influx of retail buyera from ramota parte of the West and South, who busied tbemaelTea in oanraaaing the market, and making OMBMmDdn aan basla for fatura operations in nn active jobbing trade in the near future expected. is ; hence confidently Accounts from most of the interior markets indi_ cate that the distributing trade in factory prograaa, and the fail outlook is gooda is making satis- i generally considered *X90OU favorable, in spite of disquieting rumors regarding the injury inilieted upon certain cropa by the sections of the West. late ^1 Values of manufactured goods remain "U all along the w line, tag I M»OC»tOO» tOMOOOfin I So-la.>- O-^ X 009 aDM»0»»M eaia»»aM e-ii»— OP and additional makea of staple cotton and woolen goods have been slightly advanced in order to firm C wlO>•-' CdQD9tOtD drouth in some ^-jooao ici--. ®oss_ »QU~)-> 5^ equalize prices. Doiusnc CorroR Ooods.—The exports of cotton goods froaa this port for tbe week ending Aug. 10 were 2,859 pack- Bremen, 234 to Colombia, 171 to VeneArgentine Republic, 192 to U. S. of zuela, 134 to Santo Domingo, d:c. There waa a good steady movement in plain and colored oottona (from &rst hands) on ages, including l,2.''j.'i XM to Great Britain, 400 to account of back orders, but new bnaineas was restricted in pa QD tOr'WOOl i« ton goods, and additional raakas of bleached goods, four-yard O) brown sheetings, grey duck, ticks, See., were slightly advanced by the miU sgents. The jobbing trade in staple cottons was more active, and a good package business in some deecriptiene was done by large Jobbats. Print elotha were in moderate demand and very Arm at 8^0. for Mx64s and 3c. for wi) « .-^MIO-I -•cs-io ca J-*.-! w .CO w^oa— Ma r.-^.-.-.* o J- -i *. iS OS o 'J >)* «-i •J u 00 •o— :1S S<B»OM ot "tow M *' QD X> ' ;^ -,« i-.u volume, owlf g partly to the exceptionally small stocks on hand. Prices continued firm all along the line of staple cot- Mx60i, respectively. Stocks last Saturday and for the three fwfioat yaftrs were aa follows: -i»'»ai — e' •J Ci MIOCSUi^ WW :?» .-3-13* a uo X :x 1., UK u QOCO0a»OM A 10 JO a; »9»oao&8-i o— -J toaoD-id faf-^p*y ri tola OtOCNpIO MO* «o»o»o*-i ^Ol WOOD 1010 I 1 »> ? -4 ei I- » -! CJiODCOtw^^ btpU'Vo ^ -I *o v* ^ w y ^1 WMO« -^CHUitO'^l »-• OS*-* I otQOty^D*J THE CHRONICLE. ©ompauics. ^Tttst The Brooklyn Trust Co., Cor. of Montairoeana Clinton 8ts.,Brooltlyn, N.Y. ' Tills company U authorlied by spcctal charter to act as roooiTcr, truMee, guardian, executor or admlnIttratur. It can act as asent in the sale or manasement oi real estate, collect interest or dividends, receive registry and transfer boo|{s, or make purchase and sale of Governuif nt and other socurities. Rellt^lous and cliaritnble institutions, and persons nnacciistomod to the transaction of business, will And this Company a safe and convenient depository KIIM.EV lloi-ES. President. euml:nt) W.COKLIES, Vicc-Pres't. Xormouey. C. D. States Trust Co. OF \EW TOEK. 49 WAI^L. STREET. No. Capital and Sarplua, This compan> Into court, and is is $6,000,000 - a legal depository for moneys paid authoriied to act as guardian oi INTEREST ALLOWED ON DEPOSITS, which may be made at any time, and withdrawn afteJ Ave days' notice, and will be entitled to interest foi the whole time they may remain with the company. I STOCKS At Auction. SALES Robt.B.Minturn, Geo. H. Warren, No. 12 HBNKY L. THOHNBLL, Secretary. G. HAMPTON, Assistant Secretary. 73 Broadway, cor. Sector St., N. Y. CAPITAIy$1,000,000 SURPIiUS,$2,U00,000 ...... ...... Authorized to act as Executor, Administrator Guardian, Receiver, or Trustee, and is A LEGAL DBPOSITCUr TOR MONEY Accepts the transfer agency and registry of stocks, and acts as Trustee of mortgages of corporations. Allows tnterest on deposits, which may be made at any time, and withdrawn on five days' notice, with Interest for the whole time they remain with the company. For the convenience of depositors this company also opens current accounts subject, in accordance with its rules, to check at sight, and allows interest ppon the resulting daily balances. Such checks pass through the Clearing llouse. TRUSTEES: James M. McLean, Ambrose C. Klngsland, James II. Ogilvie, Wm. F. Russell, S. T. Fairchild. Wood, James N. Piatt, C. D. %nsnvvincz. The United States Life IN THC: CITir OF NEW^ (OKaANIZKD IN 261, 262 YORK. 1850.) & 263 Broadway, New BROSNAN, York, E*re8ident. C. P. Fbaueioh, Seo'7. A. Whkslwright, Ass't Sec. Geo. H. Bukford, Actnary. the profits belong to the Policy-holders exolu- Bively, AU Policies issued by able after three this Company are indisput- tine. One month's grace aUowed In the payment of Premiums on Tontine PoUcies, and ten days' grace on all others, the Insurance remaining in full force during the grace. Absolute security, combined with the largest liberality, assures the popularity and success of this company. GOOD AGENTS, desiring to represent the Company, are invited to address J. S. GAFFNBY. Superntendent of Agencies, at Home Ofllce. . EQUITABLE A. A. Low. K. B. Wesley, D. H. McAlpin, George B. Carhart, Henry Stokes, J. B. G. G. Williams, B. O. Rem.ien, Johnston, LIFE ASSVRANCi: SOCIETY, Edward Schell, Samuel F. Barger, Amaia J. Hobert Lenox Kennedy, Geo. C. 120 Parker, EXECUTIVE COMMITTEE _ Whitewrlght, Wm. G. O. Williams, M James McLean, c. EDWARD A. AND KING. Co., CHESTNUT STREET. 61S PHILADBI^PHIA. Authorlied Capital $1,000,000 Paid-up Capital .. SOO.UOO Acts as Executor, Administrator, Assignee, ete and executes trusts of every description known to the law. All trust assets kept separate from tho-e of the Company. Burglar-Proof Safes to rent at $.') to t8C per annum Wills kept in vaults without chArge. Bonds, Stocks and other valuables taken under guarantee. Paintings, Statiury, Bronzes, etc., kept In FireProof Vaults. Money received on deposit at interest. JA8, LONG. Prea't. JOHN G. RKADING. V.-Pres't S'I'OK H s. Treasurer ,St Secretary. I). 11. PATTBRSO.N, Trust OtHcer. DIKECTOKS— James Long. Alfred 8. Gill, tt, Joseph Wright. Dr. Charles I'. Turner, ^^ illiam S. Pdce John T. Monroe. W. J. Nead. Thomas K. Patton John G. Reading. Wm. H. Lucas, I). Hayes Agnew, U Jos. I. Keefe, Robert Patterson, Theodcjr C. Engei' Jacob Nayli r, Thos. G. Hoi.d. Edward L. Perkins' William Wi.tson. PitiLAiiELfiriA ; .Samuel Kiddle Glen Kiddli:, Pa.; Dr. George W, Reily. HabrisI BtTEG. Pa.; J. Simpson Africa, Uuxti.vodos; llenrv 8. Eokert. Reading Edmnnii S. Doty, miipiinTOWN W. H. Davis, DOYLESTOW-N- f K. E. Sita- MAHLON .-<. M i W ; from Ist the same $776,712 42 The Company has the following Assets, United States and State of New York Stock, City, viz.: Bank and other Stocks $9,034,685 0* Loans secured by Stocks and otherwise 1,438,60 Real Estate and Claims due the Company, estimated at 530,000 00 Premium Notes and BlUs Receivable 1,508,143 68 Cash In Bank 228,897 88 Amount $12,740,326 48 SIX PER CENT INTEREST on the outstanding certlflcates of proflts will be paid to the holders thereof, or their legal representatives, on and after Tuesday, the 2d of Februaiy next. THE OUTSTANDING CERTIFICATES of the issue of 1881 wlU be redeemed and paid to the holders thereof, or their legal representatives, on and after Tuesday, the 2d of February next, from which date all laterest thereon will cease. The certificates to be produced at the time of payment and canceled. A DIVIDEND OF FORTY PER CENT H. CHAPIHAN, J. Seeretarr. $66,553,387 BO 83,691,148 S7 »18,868,289 13 ly. Y. Standard 4I2 per cent Interest, $17,495,329,40.) Surplus over IAabUittfs,on every standard of valuation larger than that of any other Life Assurance Company. TRUSTEE! lnl885 »96,011.878 00 857,388.846 00 Policy-Uolders in 1886 7,138,0«6 05 S°f?'ii"!l'' Paid Pollcy-Holders since OrganUatlon 88.211,175 63 IMCX)MB In 1885. 16,690;0B313 OnrSTANmNO assuuanob mutual^'benefit LIFE INSURANCE COMPANY, NEWARK, Anzi DODD, W. J. President. Asseta (Market Values) Liabilities (4 per cent Reserve) $38.nw.31« 32 35.857,827 70 2.757.491 62 5,411,241 50 Surpus. (New York Standard) Policies Absolutely Non-Forreltable After Second Year. In case of lapse the Policy is coxtinued in FORCJ as long as its value will pay for: or, if preferred, a Paid-up policy for its full value is issued in exchange. After the third year Policies are incontestable, except aa aKainst Intentional fraud and all restrio; tions as to travel or occupatitnx are noved. CASH LOANSaremadeto theexte of 50 percent of the reserve value, where valid assit oients of the Policies can be made as collateral Becur..y. Losses paid Immediately upon completion and approval ol proofs. Robert B, Mlntam, Charles H. Marshall, Frederick H. Cossltt, William Bryoe, W James Low, A. A. Raven, Wm. Surplus Adolph Lemoyne, D, Jones, Charles Dennis, H. H. Moore, J. New ASSURAXCK la declared on the net earned premiums of the Company, for the year ending 3l8t December, 1885, for which certificates will be issued on and after Tuesday, the 4th of May next. By order of the Board, President. . . $1,915,020 67 (Surplus on C. Klngsland. President. JAMES M. MCLEAN. First Vice-Pres't, JAMES II.OOILVIB, Second Vioe-Pres't. . „ A. O. RONALDSi )N. Secretary. eil HYDE, SURPLUS D. Wood, The Union Trust B, ^T^?§?A-^A5y-J"'^ IstTlSe LIABILITIES, 4 per cent Talnatlon B. B. Wesley, J.B. Johnston, D. C. Hays, BROADWAY, NEW YORK. HENRY Magouu. $5,196,143 78 Returns of Premiums and Expenses years. AU Death Claims paid without discount as soon as satisfactory proofs have been received. This Company issues all forms of Insurance, including Tontine and Limited (Non-Forfeiting) Ton- C. Vanderbilt, Edward King, ofi Losses paid during period Insurance Co. H. Frothingham, George A Jarvls, James Forsyth, George Cabot Ward, 31st January, 1885, to 31st December, 1885 $3,770,094 30 I. p. C. Hays, to Total Marine Premiums Premiums marked AU OF NEir YORK, 1st January, 1885, December, 1885 $3,856,618 68 Premiums on Policies not marked oS 1st January, 1885 1,339,525 10 H. SIULL,ER & SON, NEW YORK. T. H. Union Trust Company on the Slat December, 1885: Ite afTaire Premiums on Marine Risks from PINE STREET, BQUITABLB BtTTLmUO.) George Bliss, William Libbey, John C. Brown, Edward Cooper, Krastus Corning,, W.Bay'rdCutting __. S. B.Chittenden, 'Chas. S. Smith. John U. Rhoades. Wni.Ri tclief eller, Phelps, Anson P. Stokes.'Alex. E. Orr. B. T. Wilson, of all classes of WEDNESDAYS AND SATURDAYS. ADRIAN KEW YORE, Jannanr 23, 1SB6. TheTmBtees, In conformity to the Charter oi the Company, Bubmlt the follovrlng Statement of REGULAR AUCTION STOCKS AND BOIVDS, OH Samuel Sloan, James Low, Henry A. Kent, BONDS and The Undersigned hold Daniel D. Lord, Wm. Whitewrlght, ^aljes. Vice-PreB'( TBUSTEBS: Dan. H. Arnold, iD. Willis James, Thos. Slocomb, John J. Astor, Charles B. Bill. John A. Stewart, Wilson G. Hunt, [S.M.Buclti'Kham, Wm. H. Macy. II. E. Lawrence, CHnton Gilbert, Isaac N. Phelps. ATLANTIC Mutual Insurance Co., Ruction Bxecutors, administrators, or trustees of estates JAMES 8. CLARK, Second OFFICE OF THE $1,000,000. WALTER and females unaccustomed to the transaction of business, as well as religious and benevolent institutions wUl and this company a convenient depository foi JOHN A. STKWAKT, President. money. WILLIAM H. .MACY, Vice-President LOUIS New York. St., act as fiscal or transfer agent, or trustee for corporations, and accept and execute any legal trusts from persons or corporations on as favorable terms aa other SUullar companies. TllOMA.'S I11LLHOU.se. President. FRKDKKIO D. TAPPEN, Vice-President. J. BRITTl.N. Secretary. ±m8tee. Wm. W. WaU CAPITAL, I7P Uipley Hopes. Abram B. Baylls, B. Kendall, 'H. E. l*iorrepont,iH. United MiUo Building, 35 PAID Wood, W. Maxwell, JAME8 Boss CntnAX. Secretary. Wm, JtiBtttattce. Designated as a legal Depository by order of Supreme Court. Receive deposits jf money on interest, Wm. H. Male, .lohn 1". Uolfe, Alex. McOue. Mlch'lChauncey.lE. W. Corlios. XUn. Metropolitan Trust Co., nVK. Sheldon, JoslahO. Low, |E. K. Knowlton, Alex. M. White, 'John T. Martin, Fred. Cromwell, A. A. Low, (Vol. John Elliott, James G. De Forest, Sturgis, Benjamin H. Field, Josiah O. Low, Charles D. Leverloh, L. Riker, N. Denton Smith, Thomas B Coddlngton, John , William Degroot, Horace Gray, William £. Dodge, William H, Maoy, G. A. Hand, George Bliss, Henry E. Hawley, William D. Morgan, Isaac BeU, Edwtird Floyd-Jones, John D. Hewlett, William H. Webb, Anson W. Hard, Charles P. Burdett, Thomas Maitland. Edmund W. Corlles, JOHN D, JONES, President, CHARLES DENNIS, Vice-President. W. H, H, MOORE, 2d A. A. RAVEN, 8d Vlce-Pres't. Vice- esldent p^ Awavn THE CHRONICLE. 14, 1888.J ^USUVillCC. gwbltcatiotis. UNION MUTUAL NOW HEADT. G. OKOA.SIZKO UM. CompuiT or lu A««aU Railroad Cotton Exchange popster i IM & TCara past bliI Fixld Ciiaiioes. R.4\CE COSIPANY l\!tl BKOADWAY. NEW YuBK. BKIBT VrOKn, Pr«MMit. laS Jam. Iiifittm'. tb« to Ha nhalla i w m th« Hlfheat and Lowest Prices, !N«iithIr.— Uarrsu »tate» SEcrRiTiK* and Railboad «•/ ltf» It insDrsDo* BTOCKO I.N .NKW YllKB, UOSTON, PHiLAiiCLriiiA and Kaltimorb, lor the ( ar 1883, and to Jul}' la lSnS6. th0 laT««'M«at faatar* of tjk« ciMl"««rot It avoM* Ik* «xp«BM ni<lme tk« urdlnan awtaoo. Ixtar br lb* urdlnsr; awtbaxl. Aa taj taBrD*MB«Dt baa Bddad to thla B«w lora of p Iter wNMb WW wmmf.^ !«*•»• HMf«« tka ••Moa at laa mMoidm of _ } Tea Tear Raafe of Prices— YKABLT RaXOB op ACTITB STOCK*— I>at« of klBheat and lowert prteaa Mdf la tha Tnara 1(177 to Utt-S. taclitalTr, and to Jaly la 1886. MHrr, wbll* kM* a _ tor at of p. . oflSr braltb at ' BTAI!' !. Olrl4ea4*.— RAiLBOAn STOCK* raid In alx 7rar«, 1880 (n 1889, IBClaalTp, and ItiTiDCMiM thaUB*. oic prior tu Jal7 In 1886. B*llr«a4 Earala^a.— Oauas A>D Mbt EAuno* ao far aa rpiwrtad jIUamships. treel, WALDRON la 18«6. la eompartaon with 188S. A. '^ Futures proniDUr TAINTER, COTTON MERCHANTS, COTTON EXCHANGE BCILDING. 8PBCIAL ATTKNTION TO COTTON FUTDBBI BAGGING. Bi>.II>a *«ll IMt. Itwnnuicw >pal«T iktot. { laM tha proc«ctiT« fMUar« m>. Liftt » * fiew York. Orders for ^pot Cotton and exacntad. Salli^ad (Mrnritleti.— A DaacBiPTioii OP Stacks a>d BonM, ah A »T*T»IMI!!«T OF TIIK I|ICX>IIC tOt foUT MANHATTAN LIFE CONTSNTB. aDd lo tk« <iakr«Dt Co., COTTON BKOKEFS, 135 Pearl nlUd • rviatr of pullclM nc«*of UlflV*!*. & Dennis Perkins JmLT, 18M. DISCODNT. n* Cc«p*n7 K MrMia. raHaM* and BnildiB^, NBW YORK. Securities. •xpuiolojc Tke nalDe Non-Forrcllnr* Laiv. UMBaa PAID PROMPTLT AND WITUOUT Imam Co., Wi^RB A SCUROBDEB. COTTON COMMISSION MKRCHANTH, OF etimlan for & Schroeder Bneeeaaorato PORTLAND, MAINE. JOHM K. DK WITT, PrMMant. Witt* to tb« ^jgccHaticous. Company Life Insurance TU A GRATS WARREIV, JONES ST. LOUIS, Mo. Maanfaataran' AsanU for tba sala of Jnt* llaailBt IMPOBTSR8 OF IRON COTTON TIES. Bliss, Fabyan & Co., New York, Boston, Philadelphia, AUKNTS rOH I.BAniNU BBANDB SKLlLLNO BROWN A BLEACHED NHIRTINCS ONLY AND HHEKTINUB, Direct Line to France. Price In Red Leathrr CoTent, • • $1 00 To 8ai»Mrlb«r> of the Chronicle, 75 PBIMTS. DBNIMS, TICKS. DCCK8, A*. rowala,Qnllla,Wl>UeGoodaA BoBlarr DritU. Mmlingt, Ac. for Mtporl Tnul*. GENERAL TRATiTATLANTIC CO. WILLIAM rnm Ptar (aawi M, NorU Elrar, fool of Martoa ai. Traralan bj tbia lia«a*«t« rallva; and ibad A 79 KMr V'.\K.TtBak...aM, AiW. 14.MiA.M.»at_Aa(.«l IOA.M wraoaai Karaal>•a(' I>e Juiua.llD. •B«-«v4A.M. . ^ >al. . Mat. • ap< 4, 10 A. . BINOB ISf*. Aayc a* pmaaMi na M . •'K data«tj. t!>*c II I La Nora«C IS, La oair» ««a« (aawi. DANA * CO tbaaa raMBdB liada tflD baa for aaoTaolaai rafaraiia* a aowplata and ralaartal hIMorf <•( tba pdftod. Putlaa haTlna »iira raeaat voIudic* emn oiitatD from tba pod ut tha auUar rolBBaa, or eomplata aat laa iHbm mnM diB* vlaa. UMlM aM af alia K* OMakaaa Baaaat •oaalatoaal*. Sp^rlal Trmla rt^wm Havr* WILLIAIB 78 A *) CO.. EW YORK BRIIIA:<I, Acaal, Bowllns <irs«a. Tl No. 3 WALL ST., Wisner, NBW TOBK, nERCIIANTS, CO«MIBSIO.\' Miuilian of tba Cotton, CoSaa and Produca Bxeh't Aoi.NCY or I^ubtijcatiotts. THE HAXALL CKENSBAW CO., KirilM05D, TA. gtandard Brand* of y\nur for Sblpoiaat to t llmatm always oa Band. Wana ORIENT GIANO MANUFACT'O I« lis* THB .IVING AO« aaiara OKIB.NT. U I. CO., Littell's Living Agr. apna lu forty. .^ third yaar. hsriaa awt wiik ana. Standard aadfe, laa aaUar Rta* or TURKK AND A OCABTBE THOUSAXD Caparpboaphataa. OF TIKGIMIA. (irra lit j. two aapibara of Mitr-foor pacaa tbaa BA08, "AWNIMQ BTBIPBS. nnda Ho. SECUKE BANK VAULTS. fF»«b an<J C'oMPLaTrf of an lodiapanaaMa carn-ni lltrratan.«ndl^M.Mr baeaaaa It oabraeaa tfca pradaaUoM •( ofilr a>tlafa<it<irllr ABLEST LITINO WRI'ERH '"•»""*" •« Ularataw, Maaea. PoHUaaaad Afl. a a. ** P«» «o<» »aa> loaay tkM wia Tai Linao . -L* » y. for il<l»..fiiiljriito Aoi and w>r nJiTtlbi Aiaiiiliaii»djl«iatai>a.(or W«rp.>-. M«Ju.or *i«tri < •!*• "atfi^a »da»,poa«paJd; UTiaa Aoa aad lh« nl. .SleOmi. 1.ITTBI.I. * fori* Bn, Aildrw^ ' or. CO., thi ' •a(«>. Law WAIJJUT STREET, Philadelphia, Pa. Eugrene K. IHeO. ColCi,. STATIONER AND PRINTER. rations witb oomplata ontfluof Account BookaBM SUtlonary tW Naw eoooams orsantsina will bare tbeir orddra axacutad. promptly No. WILLIAn STREET, 1 Cotton. Id Alexander Boaod and Dat Bam. and ft ply Plat«a and Anclaa FOB HAFEH. VAI'Lrs. Ad. Caanot ba Sawad. mRomiE . gj*gy>'«**'*>dt»dn»»ddaao»n«>t.aoa»«. « aa Itla tu-dar .CSi* i^ luf " "*" •• « Porter, iHANoVKIl mjlIARK.) WELnEI»(HK0.1!KSTKrLAND IRON * martran raa4ar. W. 623 ,il,~" .-lan I ito* Straat. Snppllaa Banks. Bankers. Stock Brokers and Cor*<^ Pyrltaa fra* froa Araanla. 'jrtarn pagai of T«anr- it pr*. ' nh laaiafnrc InTalaabIa u> ar.rj CO. In Corporatloo. Transportation and Commercial Law. RiruiSMCES:— Tba Trust Com panlaa, Tbe Natloaa Banks and Kallroad Companies In Philadelphia, and Iba Jadcaa of any of tha Corta. "•«sr ess: Assr j^vs^jtsl" aUa aanllaUoa Dnaaa William aa iMapaoalTa r<vaL iliim Ma >t of Pw.o«laal Widths aod Colors, always Attorney and Counsellor at i.la. UMortaal aa4 Pol. tnm tka aaUra kinds of CARTAS. FKLTlNO DnCB, CAB OOTBRINO, BAUOlNO. KAVKNB DCCS,8AU. TW1NB8, AC„ "ONTARIO" 8BAMLB88 BSTABLISnBD SULPHUR MINES COMPANY A WKIKl.t HAOAZINB, I jit And all OOTTOB A (all aapply, all & Crenshaw • foT* iba dapartara of a alaaMa' M COTTON SAILDUCK No. lOS Itanoa K. KlTar. foot of la ONITBD STATES BUNTING DlisccUancous. >— DB DANA * B. WILLIAM HTRRKT W Co., Also, Airanta Bavra. pt u iidad aMa •rad at iha'Coapaa' ilw Coapaar'a doa* LOllit & Maonfaotaran and Ddalar* la Parta. natloo rU Brinckerhoff, Turner Chronicle Volumes la aaoiaJ] ^oal. II B. WILLIAM 8TRBRT, !fKW TOKK 01 ''nl nr Drlllad, STEEI> WORKS. RROOKLT^. W. T. . CargiU, AUGUSTA, GEORGIA. and praeUcally Barrlar Proof. & COTTON BROKERS, Bntir* attantlon icITan to parchaaa of COTTOB for 8P1.NNKR8 and KXPORTBB8. COHHBKPONIIKKCB SoLICITBD. RinRINOH.— National Bank of Anffusta, Oa Hanry Hants A Co.. Comnilsslon Marohanta, Naa York William B. Dana A Co.. Proprletora GomtMciAi. A FiMAMCiALrnKONicLB,and other Naw York TO OBDBR ; CI LLOTTS JOSEPH STEEL PENS PARIS EXPOSITION-I07a. COLO MEDAL THE MOST PERFECT OF P ENS Uooses FELLOWES, JOHNSON & TILESTON, COTTON, BT04-K8, BONDS, ice., SB Ordan In WILLIAM HIKKKT, NBW TORK. " ratar cs" axagatad at N, Y, Oellon Bzoh- THE CHRONICLE viii Cotton. Woodward & I INMAN,SWANN&Co COTTON MERCHANTS, \ DEPOSITS KECBI VED-«ubJect to Check at sight New WANTS — „lth interest upon balances. Special att-ntl.m paid to York. accounts or NEW YORK, NEW TORK. ORL.EANS, & AGENT FOB Cotton, CoObe, Grain and Petroleum Bonght and New York 132 COTTON COMPANY OF STUTTGART. City. & Co., Soutb Wllllain St., Nenr York. IXBCUTB 0RDEB8 FOR FUTURE DBLIVERT COTTON NEW TORK. LIVERPOOL AND NEW LEANS COTTON EXCHANGES. COFFEE NEW YORK COFFEE EXCHANGE, at the OR- the and NEW YORK PRODUCE EXCHANGE at the the CHICAGO BOARD OF TRADE. Correspondents Mes'rs. Smith, LlTerpool. Jaa, Edwards & Co., and PETROLEVIH, STOCKS, COTTON, GRAIN, PROVISIONS, COFFEE. & Commission Merchants NORFOLK, VA. Cotton Brokers Spt'Cial attention given to the sale of cotton to arrive ur in transit for b< th foreign or domestic markets. Correspondence solicited. Phenix Insurance Co. OF BROOKLYN, NEW Co. Montgomery, Ala. LEHMAN BRO'S, Cotton AND Factors »•! Mohr, Hanemann& Co., STEPHEN CROWELL, WM. R. CROW ELL. EXCHANGE PLACE, MSMBSR8 OF THE COTTON, OOfFES AND PHILANDF.H SHAW, FRANCIS 186 Gravlir Street, Cotton Exch. Building, PRODTTOB EXOHANOKS. Up-town Office, New No. 204 Chitrch Street, New Yorii. 8PRCIAL Attention givbn to thb Ex£0Tn?iON OF & & Co., Cotton Commission Mercliants, , Cotton Excbange BnlldlOK, NeivYork. and sale of FUTURE CONTRACTS In New York and B. F. visions in New NEW YOBK. BABCOCK&CO. COMMISSION MERCHANTS, Becelve consignments of Cotton and other Produce, and execute orders at the Exchanges in LlverpooL Bepresented in New York at the olBce of 8AMX D. BABCOCK 8a Naaaaa Street. New York. Walter & Fatman, COTTON RROKERS, BEATER STREET, JittVf 141 PEARL 88 <tfTR ItR I,A RnTTRMR. Geo. Copeland & OOTTOM BBOKEB8, 184 PBARI. HAVRE Co., & ST., Co., NEW YORK. COTTOIV. L. Henby Bullabd. & Bullard h. Whxilkk. Wheeler, COTTON COMMISSION MERCHANTS NEW JAS. A. & VORK. Attention given to purchase and sale of CONTRACTS OF COTTON. CL.iSB¥ Acent. Co. Ins. LONDON AND EDINBVRGB. 1, 1886. fS.421,870 Tt LIABILITIES.: |l,19fl,»47 48 Reserve for Unearned Premiums.... 150,887 77 Reserve tor Unpaid Losses Other Liabilities , „, .'>®i'S*.^ .a,01 Net 5,a8a 18 :!4nrplus $3,421,870 78 S. in 19 years .*ia,'i-iO,\.3H 03 Branch Office, 54 Williak St., N. Y. CHAS. E. WHITE, SAM. P. BLAtiDEN, Losses paid In C. D. . 8. FUTURE 4fc CO., JAS. OBDIBS rOB A COMMIUIOH F. DUDLEY. Deputy Manager. C OMMER CIAL UNION Assurance COTTON BCYEBB, ONIiT ON 6fi Yorlr British Mercantile Co., limited, of london. raONTUORIERY, ALA. STREET, NE^T YORK PCmOBAn New Managers. TIES, (FOR BALING COTTON). Advances made on Cotton Consignments and Special JOHN H $9,260,096 St., ALEXANDER, North ALSO BAGGINO AND IRON 1886 Invested and Cash Fire AsseU on commission. John I, 2,057,776 24 3,202,320 41 U. S. Branch Statement Jan. Advances made on ConsiKnments of Cotton. Con tracts for Future Delivery of Cotton bought and sold YORE. F. HofFmann, COTTON BROKER AND AGENT Aasets Jan. Liverpool; also for Grain and Pro Henry M. Taber for No. 3 Cortlandt York. Liverpool. IT Water Street, I.IVERPOOI,, <S ST., unpaid losses and re-insoranoe fund Netsurplus Liabilities Orders for future dellverr of Cotton'executed Id New Tork and Special attention given to the purchase PEAEL $4,000,000 00 Capital Bloss, COMMISSION MERCHANTS No. 123 Company OF HARTFORD. : Robert Tannahill Secretary. Seoretarr. Seo'y Local Dep't. BURKE. Insurance ORDEE8 FOE FUTURE CONTBAOTS. Gwathmey P. iETNA Orleans, La. New York. Orders executed at the Cotton Excbantres In New Tork and Liverpool, and advances made on Cntton and other produce consiKned to us. or to our corresBondents in Liverpool Messrs. L. Rosenheim St Sons and A. Stern k Co.; in London, Messrs. B. Newgass A Co. ,910,483 36 Prealdemt. Vice-PresldenU GEO. H. FISKEj A sslstant OOrainiSSION inERCIIANTS, No. 40 Co., ORDERS EXECUTED IN Office, 196 Broadway, New Yorli City YORK, CHICAGO, ST, LOUIS, statement of Company 1»( Day of Jan., IBf 6. ILO""."™ 0« CASH CAPITAL LIYERPOOL, HAYRE AND 2.845.048 84 Reserve for unearned premiums iJ44,473 63 Reserve for unpaid losses 714,11)7 43 Netsurplus NEW ORLEANS. Cotton Brokers, Lehman, Durr & Co., New Orleans, La. & Reid Liberal advances maile on Cotton consignment!. NEW YORK. : Lea McLean, New Orleans. Lbhman, Stern & Co., STREET, TriI.I.IAn 1 GRAIN AND PROVISIONS & Williams, Black CO., NORFOLK, VA. Price, Also orders for at FAKRAR & BDRE, Pald-Up Capital, B. U. 6,000,000. COMMISSION MERCHANTS, 8 ' Farrar Jones, PEARL STREET, NEW YORK. Liberal advances made an Cotton consignments. Special attention given to orders for contracts for future delivery of Cotton. Autborized Capital, B. H. 20,000,000. Henry Hentz New York. Manliattan BolldInK, Bold for Caab, or carried on Margin, on the Tarlous In and 40 and 42 Wall Street, G. E. Staenglen, COTTON EXCHANGE BVILDINC, Exohangea INVE3TMBNT3 COUNTRY BANKERS. Bethlehem Iron Comp'y Co., COMMISSION MERCHANTS, I Hatch. Personal attention given at the KXCHAN^BS to the purchase and sale ot STOCKS and BONDS for cash or on mHrsin. OF SPINNERS Offbrsd on Terms to Sun. NEW Jf. BRANCH 0,F.c.s l^i 6?a";elM!rS*/w''HaX-i. Bpicial Attkittion to Ordibs roB Contbacis FOB Firruai Delitbrt or Cottok, & P. Hatch. Arthur NASSAU STREET, NEW YORK. 14 KBW YORK. R. Macready 1S86. T. Hatch & Sons, BANKERS, W. MERCHANTS, COTTON, ALL aRADBS, SUITABLE TO Benry Waller T. Hatch, Nalh'l W. T. Hatch. Stillman, LOANS MADB O » ACCEPTABLE SECURITIBS. 14 Hdiscellaneotts. f£'Ottovu Post Bailding, 16 & 13 Exchange Place, August Offlee, Got. Pint <£ WiUiam St*., New Tork.