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"
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financial;
xmitk
HUNT'S MERCHANTS' MAGAZINE,
RBPRB3Bxrma the industrial and commercial interests of the united states.
VOL.
SATURDAY, AUGUST
47.
SJlte
18,
Wuk
^hvonicU*
NO.
1888.
EniinQ Jiu^ut
In
Adrance
New Tork
:
SWm 0/—
For One Tear (Inoladlne postage)
$10 20
^
For 8lx Months
do.
6 10
European HiiiiHorlptInn (inolndlng pnstase)
11 28
Kumpean .Subscription SlxMonttu (including postage)... 6 64
Annual Bubsurtptioa in London (including postage)
M2 78.
Six Mos.
do
do
do
«1 8b,
These prices inolade the Isvbstoks' SappLEMEUT, of 120 pages
Issued onoe In two months, and furnished without extra charge to
Bubsorlbers of the Chroxicle.
Subscriptions will be continued until definitely ordered stopped. The
pnblishors cannot Iw responsible for remittances unless made by drafts
or Post Ottice money orders.
A file cover is furnished at 50 cants; postage on the sam* Is 18
eents. Volumes bound for subscribers at $1 00.
iharu.
tSf.nck»
-^5•»
875,711,198
(1.8S0.694)
(•flS-S)
(1,089,849)
(naa.eoo)
halet,
(308.41)11)
(3«,49:).»50l
(-1!8
(80,l«S8,812)
hbU,
(1«,»DZ,000)
(17.4()»,OUO)
(+54-3)
fie ,88^,000)
74.470.267
4,S8U.00O
-fll-4
l,6!.3,77l!
e«,850,7a4
4.522,SUU
1.S19.2M7
82.678,»«8
4,317,SU0
1.663,417
1.18* .aeo
l,4&-<,263
«77.(*5
b5o,65»
7S1A41-
Providence..
Hartford....
New Haven.
Pcirlland
Worcester.,
947," 11
1,182,177
,494
SDrliurfleld.,
Ml
Lowell..
Total
514.778,386
bughelt.
Boston
Mew BnglSBd..
»44.ft44
eai.sie
*.
P. Cent,
S4S,2e8,24e
(1.034.198)
(. OZ.SOO)
(37.444.3W0)
(Cotton-
lOrain
(Petroleum
Wetk Znd'Q Aug.
11.
P. Omt.
1888.
Terms of Snbscription— Parable
1,208.
(+1-8)
-2 8
-108
+ 14-3
4-27B
1,154 .420
-1-212
OSO.iXW
9l«,231
-hl4e
-5-6
1,03»,707
683.837
-ITS(-47-«)
-26-3.
-123
+a-»
—»-8
+211
S
03,410,139
+0!S
-^7•1
-111
-0-1
60.006.300
10,672.247
11.898,787
69,251,1233
+TI
82,578,334
-)-18-2
58.942,944
9,437,800
4,099.785
5.ia&.131
Cleveland
4,087,7S1
4,1 88,203
1,641, 164
S.950,f81
52.175.490
8.99e,300
8.130,755
3,S94.583
1.696,216
2,883,603
Columbus
1,1)63 ,N7e
l,946,8,Sa
-tO-5,
Peoria
1.105,901
3,640,3«9
1.044,625
2.801,050
-fll-o!
London Asents:
Minneapolis...
»,448.35.i
2.8tS3,612
Messrs Edwards * Smith, 1 Drapers' Gardens, E. C, who will take
ubsorlptlons and advertisements and supply single copies of the paper
St. Paul
Qrand Rapids.
Wichita
Duluth
Baltimore
Terms of AdrertisiDg.
Total Middle..
Advertl-^ements ordered for less than one month, In the Commerohl
A FisANCi iL Uhroxici.k. arc published at 25 cents per line each insertion. WTien orders are deUuiiely given for one month or longer, a liberal discount is allowed, and the net pricei may be obtained ou application at the olflce. Tlie low6.st rates on permanent cards detloitelv ordered for one year are 8 eents per Hue each iuserUou, making $58 for
one inch spaoe one year. Space is measured In agate type— 14 lines to
the Inch.
at
Is. each.
WILLIAM B DANA
JOTMT^FlorD
mwMxa
«. cuuxu.
(
B. DANA *; Co., Pnbllsliers,
lOa WllUain street, NEtr YOKK.. '
p^^^^^ OFFICE BOX 958.
j
Chicago
Cincinnati
Milwaukee..,.
Detroit
[ndianapolts...
bank clearings for the week ending August 11 is a fairly favorable one both when compared with last
week and with the corresponding period of 1887. Of course
there is a falling off from August 4 (nearly fifty million dollars in the aggregate) but, as we have explained from time to
time, there are special influences which serve to swell exchanges the first two or three days of the month influences
that are not felt at other times. There has been a little more
activity on the New York Stock Exchange, and the dealings
in oil and cotton show gains; but at the Produce Exchange a
decline in the volume of transactions is to be noted. Operations on the Boston Stock Exchange for the week, while somewhat less than in the preceding week, exhibit a large increase
—
•0,618,428
—2-9
-I-
30-6
+281
-82
l,t«,062
-(^30
+19-1
-2-»
-5»
+0-5
-S»
+24-7
+24-«
-OS
-M»
-f350
90.990,597
+13-5
104.734,589
+8-8
St. Louis
St. .Toaeph...,
17.141.169
—12-8
14.9,->«.809
-f5-5
1,187,678
4.7V9,372
-19-7
-15-7
Orleans.
19,650,468
1,133,215
4.448.018
6,o70,;)9O
-t-4-6
B.539.211)
7,405.960
-I-6
7.943.575
1,370,136
524,261
520,535
8,501 ,4&S
701,128
007,804
2,150.003
3«0,«2B
,
Topeka
Total Western.
1,11.5,601
Memphis, .,..,
5,049,936
5.o03.»41
7.913,632
1,291,3^0
Galveston..,,.
MO.lll
Norfolk
5tiC,7i)4
Kansas City
of
74,170,259
-1-10
103,317,756
Omaha
New
CLEARING HOUSE RETURNS.
-(-16-6
I0,99r,0«8
40.011,046
9.235.653
11,004,5JS
8,227.852
2,720,487
1.426.260
3.300.561
3.479,811
8,377,143
3,720,189
610.978
582.568
2,490.053
K89,315
Louisville...,
The statement
77,358,833
8,72»,7tH)
Denver
WltMAW
i
85,811.0S0
Philadelphia..
Pittsburg
.
Total Son them,,,
San Francisco
Total
Outside
all
New Tork..
-t26
4;
3,4«5.I»B5
-0-5
2,160.609
3,695.974
Sa5,572
607,319
-1-825
-5-31
+»0',
1.704.2.59
+0-1
-1-26 2
271,765
-H35
980,492
+32 4
1169,932
562,(569
-0-4
-86
89,013,407
39,821,350
37,851,966
14.980,348
13,783,029
18,403,160
868,061.098
808,978,426
912,683,370
316,-92,850
804.206.0411
J.M78.178
+88-8
+20-7
+15-4
-10-8
—7-8
—U-8
+2«
— 1S»
+81-J
fSilt
-1«
-HO-0
-8-1
—18-8
-6-1
—3«
—IW
-1-
Our usual
telegraphic returns of exchanges for the five days
have been received and are given below. The total for the
seven cities exhibits an increase from the corresponding five
days of last week of about eighteen and a half millions of
dollars, and in comparison with the similar period of last
year there is a gain of 5-7 per cent. On the basis of these telegraphic returns, the estimate for the full week ended August
18 would seem to point to an excess, compared with 1837, of
over a year ago, altogether seventeen cities record clearings about 6 per cent. Messrs, R. G, Dun & Co. report the number of failures for the week ended Friday night as 319 (187 in
In excess of August 4.
the United States and 33 in Canada), against 333 last week
Instituting comparison with th,e similar week of 1887, we and 161 for the week of last
year.
find that there is a gain at New York of 5-9 per cent, and that
Wt«k BndUii Aug. 18,
Wttk End'i Aug. 11
the increase outside of this city reaches 77 per cent. Of the
Setwru I>v TeUgrapK
thirty-seven clearing houses reporting, 25 record gains and
1S88.
1887.
1888,
P. Omt.
P. Omt,
13 losses. Most prominent among the former in percentage
New
Tork
443.818,840
of excess are Topeka, 85 per cent Denver, 33-5 ; Memphis,
42«,856,8t2
+30 433,970,460
+1-S
(-1-8)
17S0,548)
of Stock ($l%aru)...
(1,005.893)
(+8-1)
(744,093)
83-4
Grand Rapids, 30-9; Milwaukee, 30-6 Detroit, 28-1 SalM
Boston
+10-9
+0-6
68,881,815
61,608,006
67,577,148
Omaha, 36-4; Duluth, 26-3; and Worcester, 21-3 per cent. Philadelphia
62.455,6««
41,021,018
43,681,848
+30 1
+41
Baltimore
+10-9
—01
10,143,849
0,044,856
9,146,783
The only important decline is at New Haven, 19-8 per cent.
Chloaco
+S-0
81,885.000
+i6-r
47,272,000
45,474.058
New York Stock Exchange share operations for the week St. Louts, .,„
-8-8
14,a09,«8S
—U-4
14,358,830
14,678,524
+«•»
cover a market value of $65,634,000, against $61,434,000 for Mev Orleans
4,103,028
8,088,698
+2 9
3,977,771
the corresponding week a year ago. Following our usual
+»•»
+5-7 817,106,636
Total, 5 days
•.35,832,488
801,401,175
-1-80
+*»•
Bstlmated I day
149,«<8,487
123,824,288
113,486,30:
plan of deducting two-and-a-half times these values from the
;
;
;
;
.
New York
exchanges to arrive at clearings having other
origin, the result reached is $381,183,246
this year, against
|361,187,8S5 in 1887, or a gain of
55
per cent,
Total full weak..
Balance Conntry*..
790.456,7I» "714.887,483
96,3M,238
02,420,270
Total waek.alL..
* JTur
tk« fall week, bi««4 on last ireik'slreiurai.
T6«,78«,a«S
+4-9
j-«fll
OS, 108,1
sr.i
ux;7.vj'
-)-«-8
THE (JHKONlCLk
180
Frankfort
THE FINANCIAL SITUATION.
rate
The hardening tendency in money which we have noted
in this column for some weeks, has taken more decided
This of course is mainly due to
last few days.
the increasing demands on this centre for crop movements
shape the
and the
fall
As however we
trade.
Saturday,
the Secretary
marked up
his prices
amounted
influences
—
active
in
an outflow of
anticipated
last
on Tuesday
the Treasury
bonds bo that the purchases
for
since last Friday haye
we now have
of
Hence
$4,360,050.
to
operation these two
money from
opposing
the banks to trade
demand, and an inflow
from the Sub- Treasury of accumulated
tax receipts which should never have been extracted
from commerce.
So long as there is a large
derangement of the market
surplus, this
artificial
must continue to disturb all calculations. Any one who
wishes now a correct forecast of money will have to detercentres in obediencb to a trade
to
banks
the
mine
for himself
how
successful Mr. Fairchild will be in
getting bonds by the present process.
Ttie
S jcretary has
is
Bank
[Vol. XLVII.
1|@2
it is
The
per cent.
rise
in the
German
doubtless caused by an efiort on the part of the
of Berlin
to protect
its
The
stock of gold.
fact
no change in Paris is not important, for the
Bank of France protects its stock by advancing the premium on gold intended for export, and by refusing to part
with it in exchange for notes. Last year when gold was being
taken for America the Bank of France made the movethat there
is
ment so very expensive
by raising the premium
for shippers as to put a stop to
it
Tnat there
will be another advance in the Biuk of Eagland rate
seems probable. Taere are said to be yet unsatisfied demands for Buenos Ayres, while the stock of the Bank is
already below 20 million pounds sterling, with a presumption that later in the season more or less gold will
have to be sent to America. This week the reported net
loss of bullion by the Bank was £149,000; this was made
up by an import, principally from Australia, of £130,000,
and by receipts from the interior of Great Britain of
£94,000 and by shipments principally to Buenos Ayres of
to a prohibitory point.
£373,000.
Our foreign exchange market has continued dull this
On Tuesday there was a reduction in the rates of
increasing deposits in depositary banks. He can get bonds sterling to 4 85 for long and 4 87^ for short, caused by
for the latter purpose, even though the supply on sale liberal ofierings of bills against outgoing securities and by
should run low. Our idea is that the Secretary will not an insignificant demand. On the following day the tone
flood the market with his accumulated surplus even if he became somewhat steadier, but there was no change in rates
also the expedient
doubt he
will
still
use
could, and as to his
if
open to him (and which we do not
reason for
it
exists)
of
further
purchases of bonds on his present
plan (of raising the price of the 4s as well as the 4^8),
we cannot but think that to keep the offerings large, his
up pretty high.
So far as indicated by bankers' balances, the demand
for money has become more active under decreasing supply.
The extremes have been 2 J- and 1^ per cent, averag.
ing a little over \^ per cent; but renewals by all large
loaners have been marked up to 2 per cent.
This is due,
as already indicated, to demands from the "West and
South for their New York balances, for trade and crop
purposes, which demands have compelled their correspondents here to be less liberal in their ofierings. The
banks and trust companies now quote call money at 2 to
For time loans, so far as we can learn, there
3 J per cent.
are
no lenders among our city institutions. The
quotations on first-class collaterals
are
2^@3 per
cent
for
from
sixty
to
ninety days;
at
3@4
per cent for from ninety days to four months,
and at 3|@4^ for from four to six months; on good
mixed collateral for same dates the average is ^ of 1 per
price will have to go
week.
for actual business, although the inquiry
Taking the week
ter.
drawn
in anticipation
the supply which
So
market.
of the
Statistics
of
It
has this week issued his pre-
shows how much
than a year ago.
less we are sending out
With such exports and with the imports
quite large, one can easily estimate the extent of the flow
of securities
which
in progress for
a
is
now
in progress
Exports
from United
July.
1388.
1887.
8,371,035
803,925
18,543,461
632,118
6,618,735
976,987
3,602,784
590,620
Wheat
bush.
bush.
8,988,697
2,220,951
16,387,998
10,915,088
1,655,728
3,28ii,953
6,287,574
4.018,748
Total
bush.
9,818,948
18,043,720
14,198,039
10,806,319
%
14,883,948
846,054
3,503
15,991
10,083
$
9,951,149
6,833,788
Values.
Wheat ana
flour
6,518,383
1,326,759
Rye
800
20,229
Oats and meal
16,143
2,329,885
30,948
120,375
7.381
1,565,174
0,009
35,474
9,818
7,831,794
8,674,020
6,414,663
15,759,219
11,567,024
Provisions
8,577,898
4,0a0,8S6
7,707,038
a 721,811
8,465,488
Petroleum, 4o
4,056,481
3,845,183
6,870,956
4,702,823
3,539,994
4,638,960
80,848,440
87,616,970
37,705,166
85,439,947
106,070,578
82,048,876
28,434,770
days' endorsed bills receivable at
4^ to 5 per cent
months' acceptances 5 to
per cent, and single
Total value. 3mos..
81,752,130
89,690.445
The
1885.
bbls.
bnsli.
Flour
31,292,966
88,195,353
cent.
1836.
Quantities.
26,058,948
27,280,418
5f
names
having from four to six months to ran
at 51@6i per
as
Slates.
Total value, July..,.
Total value, June....
Total value. May
four
is
EXPOBTS OP BHEAD8TCFFS, PEOVISION8, COTTON ASD rETEOLEUM.
The quotations are higher and the indications point to a further rise.
^We quote sixty to
;
and must have been
The statement
long time back.
follows.
the
ninety
make up
merchandise shipments are
Mr. Switzler
present
far as
Bureau
cotton, &c.
Coru
accommodation.
shipments
cotton
liminary statement of exports of breadstuffs, provisions,
now held here byi"Western banks are large, and
we understand that Boston balances in New York are like-
market entirely now, and one of our city banks
has
this week put up its rate on paper
to 6 per cent
80 as not to be caUed upon for this class
of
of
giving the declining tendency to the
is
concerned, they are on a very small scale.
Wheat
A
little bet-
have about balanced. Bills against grain shipments are
but there is always a greater or less supply of bills
made against outgoing securities other than those which
Tnese and the bills
pass through arbitrage
houses.
There are said to be some
out-of-town lenders at these figures, but no out-of-town
institutions are eager to make time engagements.
The
wise large, and in that connection it is to be
noticed
that the tendency in that city is reported to be
towards
higher rates. Commercial paper is in good supply.
few of our banks who usually buy paper are out
of
was a
a whole, arbitrage operations
light,
cent higher than the above.
balances
as
The
total
values in -July,
82,202,188
it will
27,774,647
28,838,881
be noticed, are the
smallest for three years, the breadstuff s exports reaching
only about half the total for last year.
cable reports discounts
of
sixty
day to three
The accounts as to the favorable condition of the anmonths bank bills in London at
2|@2f per cent, while thracite coal trade seem to be none too strong at least
the open market rate at Paris is
2\, and at Berlin and there is great activity and a marvellously heavy consump;
AuacsT
THE (.HRONICLE.
^gures which Mr. log — but
the
18, 188B.]
181
if
Ttie
are any guide.
Northern Pacific were in the position of
John H. Jones, the accouutant of the coinpaDies, lias some other corapaniev, and could include receipts from
land sales (which for the late year amounted to over a
issufid this week for the month of July, show this very
million dollars cash) in its ordinary income account, the
plainly.
It is found that the production was 604,618
year
and
reached
the
month
last
relation of surplus to stock would make quite a respectable
same
iu
excess
of
the
tons
tioo, if statistics
the large total of 3,3G6,27'2 tons; yet stocks at tidewator
month than at the begin-
showing.
The £ast Tennessee Virginia k Georgia directors have
week authorized a new $6,000,000 second mortgage
points were lower at the end of the
Such
ning.
a state of things could not occur except in the
Bat even the
demand.
face of a very active
figures given,
large though they be, convey only an imperfect idea of the
The
progress making.
increase in
the present year fol-
this
improvement
This seems to have been rather unex-
loan.
pected on the part of the public, and some misunderstand-
ing exists apparently as to the reasons for the step.
As
Making allow- we take it, it is the result of the change of policy adopted
the difiorence in the a few months ago, and to which we referred at the time.
lows a heavy increase the previous year.
ance for the changes in stocks,
amount
from
of coal
sight, as
preceding,
is
gone
into
consumption or disappearing
between the present yaar and the two years
for, arrived
striking to the highest degree
;
at in this way, the consumption for July, 1888, of 3,521,-
761
tons,
compares with only 2,858,057 tons
1887, and but 2,428,604 tons in
in July^
July, 1886, being an ic.
It
was then resolved that operating expenses should hereon a stricter and more rigid basis, the
after be determined
idea being to exclude expenditures for improvements and
betterments and provide for the same out of capital account.
Since then
the
net earnings have shown
very heavy
the last few months.
gains over last year, especially so
improvements and now equipment were not to be
some other means of raising the
last winter's experience, when strikes greatly enhanced money had to be devised, and this it seems to us is what has
the price of coal, are laying in their winter supplies ahead been done.
The issue of the ne^r bonds it is stated is to
of time.
That is doubtless so to a certain extent, and to be extended over a number of years, they being put out
that extent the present enlarged demand is exceptional. from time to time as the company's needs may require.
But the Increase ia altogether too large, we think, to be The statement of net earnings for June has also been
explained by that circumstance alone.
Here is our usual issued this week, completing the company's fiscal year.
table, showiug the figures both for July and the seven For the month the net is $192,664 in 1888, against
months.
$75,284 in 1887. For the twelve months the comparison
crease in this one
It
month
in
two years of 1,100,000
tons.
claimed that housekeepers, fearing a repetition of
is
But
is
Jan.
July.
AnthraciU
July
as follows for a series of years.
31.
Coal.
East Tennessee Virginia
1888.
Stock
1 to
if
paid for out of earnings,
begiDDloft;
1887.
Tbru.
1886.
1888.
1887.
1886.
Tons
Tom.
Tom.
Tont.
130,977
800,5S1
700,786
872.883
764,M5
741,9S8J
3,3e<3,«7» 2,761,624! 2.433,3481 19,521,728 18,865,070 16,916,724
3,3e6,«7»
of period
Production
Total gtipply
end of period
.
at'k
4,108,230
3,S62,158
6«6,ie»
704,101
3,134,084 19,658,706 19,037,358 17,711,869
705,480'
586,469
704,101
705,480
3,621,761
2,838,057' 2,438,804
i
Georgia.
1886-7.
1887-8.
Net eamlDKB
The above
&
1884-S.
{4,021,967
3,569,423
14,119,578
2,623.309
»2,080,787
»1.619,671
1 1,496,269
«1,S88,348
2,733,884
Knox-
figures include the operations of the
Ohio.
With
that road excluded, the net for the
19,066,236 18,383,251 17,005,T»0
late
1885-6.
14,776,607
3,167,086
$5,e00,810
ville
Consomption..
A
In a statement just
year stands at $1,843,380.
made
Exchange, the charges for interest and taxes
increased consumption is, that all reports agree in saying for the year are calculated at $1,260,858, on which basis
the activity has continued in full up to the present there would be a surplus of $582,522, or about $32,000
time
indeed, the companies have just announced an ad- above the amount necessary to pay the 5 per cent dividend
vance in tolls, and some claim that August will prove a on the 1 1 millions of first preferred stock outstanding.
The balance we suppose would be somewhat larger with
heavier month even, as regards consumption, than July.
Since the publication by us, two weeks ago, of a pre- the Knoxville & Ohio included.
liminary statement to show the results of operations on the
On the Stock Exchange a somewhat weaker tone has
The most
satisfactory feature in connection with this
to the Stock
;
TQis has been due in part to realizations, in
Northern Pacific for the late fiscal year ended June 30, a
good many other statements have been put forth, based on
ours, but variously estimating the " income from investments" which at the time of our exhibit had not been
finally determined.
We took the amount the same as in
the previous year, bat remarked that the item had been a
growing one. From official figures now furnished us we
are in a position to state that the exact amount of the
income was $330,724, being $56,CO0 more than in the
previous year, and to that extent still further improving the result for the year as given by us. The
only other particular in which our figures difier from
prevailed.
those contained in
crops ever raised.
the company's abstract
is,
that sink-
by operators for a decline, and in part to
damage to the growing crops in the Northwest.
With regard to the latter, it would seem that in the case
of spring wheat some injury has undoubtedly been done,
part to attacks
reports of
though
its
As
precise extent can not yet be determined.
afiecting the future of
altogether too
much
railroad
is
made
traffic,
of
however,
we
any prospective
think
loss
on
more important
has
been
damaged
to any
claimed
that
it
is
not
crop, and
extent; barring some untoward disaster, like an early and
account of spring wheat.
Corn
is
general fiost, the present promise
a vastly
is
for one of the largest
In reference to cotton, they have had
The
we gave needed rains in Texas, but only in limited sections.
$241,288 coal properties, on the good condition of the hard-coal
instead of $264,319.
These are all very slight changes, trade, have been noticeably stronger as a class than any
but help to swell the surplus for the year, which in the others, and in the Reading preference incomes there has
final form is $518,685.
In the three years preceding, as been a very active speculation at higher prices. The
we stated in our original article, the balance was hardly Yanderbilt lines and also the Pennsylvania have advanced
ing funds are set
them
at
down
at
$224,095,
while
$227,481, and taxes are figured
at
amount each year.
The company rates on dressed beef from Chicago eastward to 25 cents
has not yet reached the point where one is warranted in a hundred pounds, but in the northwest little progress
calculating the surplus on the basis of dividends on the towards reaching an agreement on a lasting basis has
stock—the $518,685 for 1887-8 is equivalent to not quite been made; the St. Paul & Daluthhasnot yielded consent
Burlington
\^ per cent on the $37,488,618 preferred stock outstand- toe same rates via Daluth as via Chicago.
more than nominal
in
.
THE CHRONICLE.
182
[Vol. XLVII.
Qaincy stock has been very weak, though the company year. Tne inference to which it might give rise, namely,
Yellow fover that business in 1886-7 was unusually large and good,
in Florida has been one of the influences used against the while in 1887-8 the condition of things was reversed, we
&
declared a one per cent quarterly dividend.
We
know
Southern stocks.
need hardly say
The following statement, made up from returns collected
by us, shows the week's receipts and shipments of currency and gold by the New York banks.
were deficient, that the weather was bad, that there were
rate wars and labor troubles, but after all this has been
said, the fact remains that the late year's traffic, both
passenger and freight, was the largest in the company's
history and 18i million tons one mile in excess of the
previous year, while gross earnings were also larger than
Week ending Aug.
N. T. Banks.
iV.
Total gold and legal tenders....
Taking the foregoing
cii(ii(l<;.l«!;.
is
as below.
Out 0/ Banks. yet Change in
Into Banks.
17,1888.
Banks Interior Movement, as ab jve
Total gold and leaal tenders
Bank
11,330,000
for anything in the
Loss, $8.714,000
dividends, on the other hand,
$11,506,000
amount
of bullion in
Have
As com?
pared with the year preceding, there leas a slight increase
in the requirements for interest and rentals, but the
amount is so small (less than $80,000j it scarcely counts
$14,880,000
$3,950,000
table indicates the
Balding!.
Then what accounts for the fall in the surplus
dividend or interest charges been increased ?
Loss. $1,964,' 00
750,0««
Loss.
$986,000
:0.o80.030
Sub-Treasury operations
The following
ever before.
in connection with the Sub-Treas-
ury operations, the result
that crops
Loss, $1,964,000
J2,950,O0O
$98(3,000
not warranted.
753.000
8J5,0U0' Loss.
73.000
Tr«J[
Loss. *1,211,00«
12,125,000
Currency.,
Gold
yet InUrioT
Movement.
Shipped by
Y. Banks.
Beceived by
17, 1888.
is
in
Toe charge for
was the same to a dollar as
present analysis.
1886-7 and also the same as in 1885-6.
perhaps
It is
tbe principal Europsan banks this week and at the corres-
well to stale here that in the comparison of surplus above,
ponding date
the dividends for the last three years are one per cent
last year.
Am. 18. 1888.
Aug. 18. 1887.
SanktQf
England.
Fraaoe
Oold.
SUver.
Total.
QolA.
£
£
£
£
19,951.025
44,283.531 48.054.849
82.018,687 16.478,333
19.»31,025
98.238.180
49,435.000
Aust.-Hang'y
6,075,000 15.170,000
Natherlacds..
Kat. Belglam
6,729.000
7,955.000
81.245.000
13.681.000
8.555,000
i.«r3.ooo
3,833,000
HaUonal
6.978.000
1,118,000
8,098,000
Italy
Zotol.
sutler.
<
£
20,815,011
18,410.014 47.659.046
24,482,000 16,308,000
e,545,C00 14.357,000
5.101,000
80,815,041
96.089.000
40,770,000
20,902,000
13.290,000
3,569.000
8,189.000
1.281,000
6.983,000
1,118,000
8,101,000
8,853.000
Tot. thU week Ug.528,223 00,953,982 209,482.205 114.fcS3.055 88.015,046 303,800 101
TotpreT.w'k
118,0>l7,046'90,068.0»5'a09.63B,14l'll4 498,887 ^9,28,8,903' 203,787 .790
lower than for the three years preceding, the company
having in the fiscal year 1885-6 reduced the rate from
8 to 7 per cent on the preferred
CHICAGO
d-
BY LOWER RATES ON
NORTHWEST.
—
sidered by itself and no account being taken of accumu-
from year
on the
all
the years given,
not a great deal lower even in 1885.
Tha*:,
having been
it
however, has no
bearing upon the reduction in the surplus for the late
In the year ending May 31, 1888, the surplus of tbe
Chicago & Northwestern Railway Company above charges
and dividends was $1,309,099. In the preceding fiscal
year the surplus was $2,612,271 each year being conlated surplus brought forward
7 to 6
The one per cent additional would have increased the dividend requirement $536,905, and if paid
would have reduced the surplus for 1888 to $772,194,
for 1887 to $2,075,366, and for 1886 to $844,601.
Tnis
is interesting as showing that on the basis of the same
dividends as in the earlier years, the 1888 surplus would
be about tbe lowest for
BHIPPERS' SAVIN 3 S
and from
common.
There
has thus been a reduction of one-half in the margin above
dividends in a single period of twelve months, and the
question as to the cause or causes for this noteworthy
change has an interest far beyond the limits of the company affected or those interested in it. The publication
to year.
We
year as compared with the year preceding.
have
seen that that reduction does not follow from either
creased requirements
must be due
a diminution in
to
or dividends, hence
for charges
the net
earnings.
init
In
point of fact, though the gross earnings increased (making
them, as said, the largest ever reached), the net for 1887-8
standsatonly $10,026,759, against $11,250,973
being a decrease of nearly 1^ million dollars.
But why have net earnings fallen
manner, or, what is the same thing,
off in
in
this
1886-7,
striking
why
has there been
such a large augmentation in expenses?
Here again a
of the road's report furnishes the material for a study of
multitude of real and alleged causes can be assigned to
the matter.
account for the change.
The
point in the inquiry concerns the nature of the
comparison between the two years. Is the surplus for the
late je»r exceptional, or was that for the year preceding
first
fuel
and
Bad weather, increased
labor, possible larger expenses for
cost
of
improvements
—
and betterments theee may all have affected the result
more or less, but we are not obliged to estimate their
exceptional, or are they both in a measure different from importance or extent when we have such clear evidence
the normal the one below and the other above it,
thus in the company's report that another and entirely different
making the contrast between the two years especially element is chiefly responsible for the less favorable results.
Striking.
The answer to this question involves an exam- The company is each year doing a larger business and at
ination of the surplus account for a aeries of years
In the late year the average
past. a smaller margin of profit.
—
we give the following to show the annual rate on freight (including construction material), for the
balance over charges and dividends bince 1882, each
year first time fell below a cent per ton per mile, the actual
being considered by itself, as above, and independently
Only the year before the rate
of figure being 0-99 cent.
the surplus that remained from preceding
was 1-10 cent. Thus in this one year there was a decline
years.
Accordingly,
We
ahould also state that the figures given do not
embrace of 1 1 hundredths of a cent on every ton of freight one
th« operations of the trans- Missouri system of
Had the company been
roads nor mile carried by the company.
recwpts from land sales,
able to maintain the average of the year before, its net
^^-2
1*93
^•8*
1886. ._
^2,791,437, 1886
1,161,280 18S7
761,258 1888
fl,881.506
2,813,271
1,309,099
earnings, instead
of showing a decrease of 1;^ millions,
would show an increase of about a million, and tka
575.0991,
surplus for the twelve months, ins'ead of $1,309,099,
This shows that the 1887 surplus was much
above the would be in the vicinity of 3| million? in other wordi,
average, having been, with one exception, the
largest ever the best ever attained.
It is the same if we extend the
reached.
Nevertheless, that circumstance, while it should
comparison further back. Net earnings to-day are not
not be overlooked, throws very little light
upon the rea. materially different from what they were in 1883, though
sons for the sudden and striking reduction
in the late in the meantime grow has increased over
2^ milliou
—
—
,
AcorsT
THE CHRONICLE.
18, 1888. J
183
actually a million below those ot 1882,
This is the showing for one company. On others it
would be very similar. The Northwest, however, haa
Its stock has
It will be said that this is the old, old story of declining certain advantag'S not possessed by all.
Its management has Ijeen intelligent,
rates.
Yes, it is the old story, but a story which derives never been watered.
new force and meaning and has a peculiar significance and conscientious and conservative. An extra dividend in the
Of the year 1886-7, when the surplus was so Urge, would have
application in the liyht of the events of the day.
been quite justifiable, but the officials refused to declare
4,211 miles of road in the Chicago k Northwestern syatom,
1,163 miles are situated in Iowa, and the Iowa Railroad one, thovgh urged to do so, preferring to put the money
Commission have lately promulgated a new and lower into betterments and improvements, so as to be able to
schedule of rates which the Northwest, among other roads, render cheaper and more efficient service.
The position
is contesting.
The Northwest oflicials, it is well known, of the road to-day is this: The system has been greatly
are conservative, and never unnecessarily antagooize enlarged and extended during recent years, involving of
public sentiment; in fact, they try to conciliate it whenever couree an increase in debt, with the risk attending upon
dollars.
They axe
with the gross 3 milliuus greater.
possible.
Their acliou in the present case, therefore,
is
evidence that the demands of the Commiesion are too
unreasonable
to
part brands the who!e body of
extortionists
who
The Commission on
be conceded.
roads as a set of greedy
are robbing merchants
high and excessive
rates.
statements to the test of
its
such increase.
Its traffic
consequently
before, but the net results are
road has yielded to shippers
is
larger than ever
much lees satisfactory.
The
reductions in rates the last
eix years, equivalent to over 26 J million dollars; it has reits dividends one per cent on both classes of stock;
by maintaining duced
Let us put theie conflicting
it
has invested
ments, and
its
surplus in bettermen's and improve-
paying besides $755,741 a year (over $2,000
Yet the Western State Commissioners
a day) in taxes.
think that a road pursuing such a liberal policy needs to
facts.
We
is
do not of course think it necessary to argue that
and still are declining on Western
roads.
We may assume that every person is cognizant of have its rates regulated (that is, further reduced) by thom.
that circumstance.
We propc-se, however, to show what On such a record might not the management appeal to the
the reductions which, the roads have made, have been sound judgment and good sense of the great body of the
worth to the shippers in dollars and cents. And for this American people without any fear as to the result ?
rates have declined
purpose we will not take any extreme position.
It
would
ANOTHER BERLIN CONFERENCE.
be perfectly legitimate for instance to compare cost cf
handling freight at present by railroad, with the cost by
But that is not a p>int
we wish to raise. We will not even go so far aa to
compare with the rate of 2-28 cents per ton per mile which
prevailed in 18T4, or 2-10 cents and 1-95 cents respectively
Tfhich ruled in 18v5 and 187(5.
We will take a very
recent period, namely the ye»r 1882, when the rate was
only 1-47 cenls per ton mile a moderate aad reasonable
chargp, much below that now prevwling in many sections
of the country and calculate the saving to farmers and
wagon
if
ihere were eg railroads.
—
—
shippers
by the reduction
in the
average charge since
Somehow
a rumor has got abroad that there is to be
convened on an early day another Berlin Conference. It
is not easy to trace the rumor to any reliable or satisfactory source.
Nor
is it
easy to see that the necessities for
such a conference are greater at the present
they have been
years.
eral
is
ment
it is
many
moment than
times during the last eight or ten
But the rumor has gained credence, and
the conviction that a
of the affairs of
new conference
Europe
is
so gen-
for the settle-
about to ba convened, that
almost impDSsible to refuse to regard
it
in the light
coming event and to give it the consideration which
We give the saving both for each year as com- such an event merits.
then.
pared with the year preceding and as compared with the
Of course there must be some substantial reasons asinitial year (1882), the idea being to see how much greater
signed before the assent of the different Powers will be
the revenues of the Chicago & Northwest would have been given for such an assembly. It must be shown that there
had it imposed or been able to impose the higher charge is need for a general conference; that certain diffioulties
of the earlier year.
of a
and that the removal of these difficulties is necesof peace and the well-being of
Rate per ton
tinth
ro?i« affreight
•».
per milt.
onemiU.
previous year.
tcilA 1882.
It must also be shown that an
the nations generally.
Cents.
$
$
1-47
1,192.188,039
18S2
assembly such as that proposed or suggested would be
1-42
591,914
591,914
1,183,829,358
J.853
likely to have the effect of removing these difficulties, and
1884
1-31
1,350,173,773
1,485,191
2,160,278
1-19
1,416.789,205
1,700,147
3,967,009 of removing them in the most desirable and most efficaU885
1-19
1836
1,466,892,717
4,107,299
There ate many difficulties in the present
cious manner.
110
1887
1,754,598,596
1,579,138
6,492,014
0-99
1888
1,939,014,102
2,132,948
0,307,411 European situation
difficulties which, If it were necessary,
Grand total of saving to shippers in six years
hard
task to enumerate, and which
it
would
not
be
a
$20,625,925
The results here are almost startling in their magnitude. have much to do in keeping alive feelings of jealousy
Had the Northwest realized as high an average on the and rivalry among the nations for the consideration
1888 traBic as that for 1882, its net receipts in the late of which it would be impossible to obtain general
year would have been $9,307,411 greater than they are
consent for a conference; and which, supposing the existthat is, would have been about doubled.
The yearly ence of such an assembly, it would be absolutely impotaverage is of course affected by other circumstances aside ent to remove. It is vain to convene a general council
from the actual lowering of charges, but there is no rea- when there is no predetermined willingness on the part
son to doubt that substantially the whole of the §9,307,411 of its members to listen to proposals; and a general conrepresents a saving to the farmer and shipper in that way. ference would be worse than uselese which did not assem-
—Abatement of Oharget.
—
Compared
Compared
exist,
sary for the preservation
—
—
And
this covers the
only; on the smaller
saving on the
traffic
traffic
of one single year
and somewhat higher rate of
ble with a definite
inite
purpose, and
understanding.
No
with a more or
less def-
congress could at present be
convened to restore Nice and Savoy to Italy, to restore
^6,492,014; on the traffic and rate of 1886 it was $4,107,- Alsace and Lorraine to France, to re-establish on the
299, and to on bick to 1883, the total abatement of throne of Hanover the House of Brunswick, to compel
«harge?, or saving to the shipper, in the six years, amount' France to retire from Algiers and Tunis, or to compel
War might accomplish
ing to the large sum of $26,625,925.
England to evacuate E^ypt.
the year before,
the saving aa compared with 1882 was
—
THE OHRONICLF.
184
[Vol,
XL"Vir.
Russian Government is resolved that there shall be no
permanent settlement in Bulgaria until her wishes are
It may be, as many think, Russia is
complied with.
irritating elements which it would be well to have
unreasonable.
It
certainly seems on the face of things
removed
removed but the evil that is in them is not be
Bulgarians
should be allowed to work out
that
the
right
sentiment.
by argument or by any consensus of European
they do not disturb the rest
their
own
future,
so
long
as
in
end
some
have
If a conference is to be held it must
But
this
is not the view entertained by the
of
Europe.
ask,
to
fair,
then,
It
is
purposes.
view some purpose or
what end or purpose could it have ? We have already Russian Government; and so long as that government
limited its scope by shutting out certain known difBcul- remains dissatisfied with the Bulgarian situation there can
be no permanent or solid reconstruction in the Balkan
ties, certain causes of irritation from conferential discusBut in the present condition of Europe, even after regions. Mixed up with this Bulgarian medley is the
sion,
such exclusion, it would not be diEBcult to find good and Austrc-Russian difficulty. The treaty of Berlin gave
abundant reason for the assembling of a general confer- Austria permission to occupy and restore order in Bosnia
There is the armament question-^a question of and Herzegovina; but the permission to occupy and
ence.
itself sufficient to justify all the attendant inconvenience restore order did not imply or in any way mean permanent
and expense. Every one admits that huge standing possession. If Austria is to remain in these hitherto
armies are the curse of Europe that they are sapping Turkish provinces, as in all likelihood she will, Russia
some
of these ends; but, things being
gress, never.
as they are, a con-
In each of the cases referred
to,
there are
;
—
;
European strength, and hastening
Deliverance from this curse would be a
the evil is general, it would be a blessing
the foundations of
inevitable ruin.
and as
to every European community. The evil is greatest in the
great nations in Prance, Germany, in Austria-Hungary, in
blessing
;
—
Russia and in Italy
;
and consequently
it is
No
one can aflSrm that the reduction
time
not yet for such conjoint action
is
;
is
whatever
convened, an
else
it
may
is
a European Con-
it
its
work,
attempt or accomplish, will consist
in revising the Treaty of Berlin.
Obviously, therefore,
it
perhaps the
consistent with the suppression of
is
will
come until the evil has done more of nation for freedom in the choice
its deadly work
but we do not exaggerate when we say ment or of its ruler.
that the existing evil and the promised good are sufficient
awakening
that
important part of
Perhaps the
—the simul— one of
taneous reduction of the armaments of Europe
the objects of the suggested conference.
ference
have enough to do. What it will accomplish, and
whether it will or will not get to the roots of existing
difficulties, is another question.
Good will be done if
peace is maintained and raade to rest on a more secure
basis.
We cannot see, however, that permanent peace ii
especially the
interest of the great nations to bring about the desired
change.
demands compensation.
The presumption, therefore,
will not
the
aspirations of
of its forms of
any
govern-
;
in themselves to justify the calling together of such an
NET EARNINGS FOR JUNE AND THE HALF
YEAR.
assembly.
Other and satisfactory reasons for a conference are not
wanting.
Among these a prominent place must be given
to the peculiar relations
now
existiag between Bussia and
The comparison
net
of
earnings for June can hardly
be considered very unsatisfactory.
losses in
As
some other recent months, the
heavy
against
loss
this time is
—
The Berlin Conference of 1878 sanctioned Rus- much smaller $633,795, or five per cent, making it one
war claim against the Turkish Government. In her of the best exhibits of the year, though in February,
satisfaction of that claim Turkey is far behind.
Of owing to the fact that the comparison was with rather
course it is reasonable for her to demand time.
But it is indifferent results in 1887, there had been a slight increase.
Turkey.
sia's
not easy to see
how time
is
to
improve the situation.
Not
only, however,
is
the loss rather small, but
it
follows
by way of compecsation; a very considerable gain the previous year, our table then
but to take territory would mean war, and would violate having recorded an increase of no less than $2,187,732,
the treaty under which alone her claim is legal.
There is or 21 per cent, on 56 roads. Bearing this in mind, it is
cause for a conference in this.
If Russia is not to be somewhat surprising that the falling off the present year
allowed to put forth her strong hand and satisfy herself, has been no greater than it is.
it is for the Powers of Europe who signed the Berlin
Another point is well worth bringing out, namely that
Treaty to say how she is to be satisfied. Then again, except for heavy losses on a few special roads, there would
were there no other reasons for the assembling of a con- be no decrease at all. For instance, the Burlington &
ferance, sufficient reason could certainly be found in the Quincy suffered a falling off of $506,946, and the Atchipresent unsettled condition of Bulgaria and Eastern Rou- son a falling off of $282,452, making nearly $800,000 tomelia.
According to the Berlin arrangement. Eastern gether. Then the Southern Pacific reports a decrease of
Roumelia was to remain a Turkish province, under a $207, 355. With these three roads excluded, there would be
Turkish governor. This arrangement was contrary to an increase of $362,958, or nearly 4 per cent. Of course
that of the treaty of St. Sophia, which Lord Beaconsfield quite a good many other roads have also fallen behind
was mainly instrumental in setting aside. There is some- in fact, there are 36 roads altogether (out of 81) which
thing like irony in the fact that the terms of the St. have suffered a diminution of their net for the month
Sophia treaty and not the terms of the Berlin treaty are but the important point is, that outside of the three large
now in force, an irony all the more pronounced that Lord companies mentioned, two of which represent special
Salisbury, now Prime Minister of Great Britain, at the time sections where the conditions have been decidedly unfavRussia
is
willing to take territory
of the Berlin Conference Minister of Foreign Affairs,
present with his chief at the conference,
altered condition
now speaks of
and
the
of things as
a matter of small consequence, and as concerning Bulgaria and her people alone.
In
a
very different
and there
is
totals of last year.
aggregates both for
whole are in excess of the heavy
The following is a summary
June and the half year.
Month of Jvne.
light,
indeed,
is
the
matter
viewed by Russia. She believes it is to her interest that
the principles of the discarded St. Sophia treaty, although
she may wisely refuse so to put it, should come to the
surface,
orable, net earnings as a
good reason for believing that the
Jan.
1887.
June
80.
(97 roods.)
(81 roads.)
188a
1 to
of the
IncorDec.
1888.
1887.
Inc. or
Dm.
Gross earn's
Oper. ezp...
39.020,498
28,906,027
t
t
t
88,585,639 -f2,<94,818 85B,7S»,107 845,199,479 +10,5S9,6a«
«S,T77,418 -f8,128,808 179,499,S8» 181,171,018 H-i8,s28,aBa
Net earn>
12,114.485
12,748,220
«
t
*
-eS-t.^Ob' 78,289,138
84,028,48* —7.789.825
AcausT
What
THE CHKONICLE.
18, 1888.]
has been said of the exhibit for June also applies
To be
to that for the half year.
latter case
but
it
sure, the
in
loss
this
quite large, reaching over 7} million dollars,
is
must be remembered that
increase was
year's
last
185
*SSo*4?d?wItrOT"''
''°'''
* """*
*"•••
"•»"•' *
•"<»
Orand* and D«iT*
Pai;(«i; /bxi/lr-CallfornIa Bovttatrn.
Canadian Paolflo, Norttaam PmMBe. tba
p* ^g"'"®™ Pw'So fowl". Oretton Imp. Co., Oregon Ity. ft NaT. Co. »ndDB!OT
.•to.Kyrn Boadj-Cape Fear ft Vadkln Valler, Carolina Central. Central
of
OeorKhi, Chaa, Ohio ft, Southwestern, Baat Tenn. Va. Oa., Cln. N. o. ft Tet
Pac KBntnckr Central, LoulsTllle ft NaahTllle, Louisville Now Uriuna ft
M
;hi,
Tern
ft Charleston, Naabrllle ChatUnoooa ft 8t. Iy>uls, Norfolk
S
W>
It Rich, ft West Point Ter. roads. PeterabnrK. KInhmond
Ant. ft Aransas Pass and Seaboard ft Hoanoko, andthree roMs
1 <''
I"
Kyatem; and f<,r six months the same roads (exoludlng tbrM
V
KrluiiKur luuds), together with the South Carolina.
Coal rompanirs— Allegheny Valley. Centr
of New Jarsar, Lehigh ft Wllkei
...--. ......
A Central
„ ^ „ '• IftlronO
^ Readlni
Barro. Northern Central.
I'hila. ft
ig, P. ft R. Coaf
ft Iron Co..
burg ft
I Western. Summit Branch. Lykens Vallgy,
vallmr. Western N. T.
t. ft P(
Penn~. and
P(
--•--'
-Vlr. (/cnl.
West VIr.
Cent, ft fills
I'lllB.and for the six monlha the same
roads, togetli
a roads.
togetnir
with Biiir. Hoch. ft I'ltts. the three Del. ft Undaon, and the two Del. Laok
,
of even greater proportions.
Our statement then com-
on which the gain (over 188G) was
prised
67
roads,
nearly
25
per cent, or $16,417,577.
present year, as
we have
Moreover, in
have had (o contend with a remarkable combination
The
adverse circumstances.
the
pointed out, the roads
so often
coal miners'
east, the engineers' strike in the west,
of
all sections,
in
the
the demoralization
of last season, with
the short crops
the inactivity of general business and the
the iron trades
— these are some of
depression
the unfavorable
in
inQu-
ences which have existed, and which have operated with
upon
telling effect
Of the $7,789,325 decrease in net for the half year the
& Quincy alone contributed $4,701,548, with
$298,557 more by the Burlington & Northern. The
Atchison has a decrease of $2,200,202, the Denver & Rio
Grande a decrease of $360,085, and the Philadelphia &
Reading a decrease of $1,606,631. The loss on the latter
of course the result of the coal strike early in the year,
while the other roads mentioned represent the sections
where the returns have been quite unfavorable all through
The
the year.
reaches
total
on the
$9,167,023, being thus
the loss reported by
ment
loss
five
roads in question
If millions in excess of
the roads included in our state
all
in other words, with these
five roads omitted, the
statement would show an increase in net for the half year
;
But there have been some other
of If million dollars.
heavy
The
losses.
New York
—
Central has been spending
.
lines.
pattern Compnii^M— Baltimore ft Potomac. Camden ft Atlantic. N. T. Ont. ft
Western, Itfjme Wat. ft Oxdensburg, Staten Island and West Jersey, and for
the six months the same roads, together with N. Y. ft New Bng., N. V. PhUa.
ft Noif., Lonx Island, Manhattan Elevated, Brooklyn Elevated, Flartford A
Conn. Western, Northern of New Jersey. Ogdensburg ft Lake Cham., Ctioa
Clinton
ft
B.
Mexican Hoadt-Tbe Mexican Central and Mexican National.
Only three of the nine groups here show improved net
the half year, though for the month of Juno the
exhibit is somewhat better, there being four groups
for
with enlarged totals of
special roads.
Burlington
is
E
'
wanna A Western
strike
of rates in the northwest and southwest, the bad weather
in nearly
-
whole, has done
of
The group which as a
is that composed
net.
better than any other,
the Pacific roads, where the
aggregate gain reaches
$2,132,659, and
where only the California Southern has
suffered a decrease in net, the gains on some of the other
roads included being very heavy.
The Northern Pacific
has been particularly conspicuous in that respect,
having
its
net
from $1,914,706 to $2,689,146, or
On the Southern Pacific the increase is
increased
$774,440.
Union Pacific $284,412, on the Canadian Pacific $172,532, with minor gains on the Oregon
$869,940, on the
Navigation and Oregon Improvement. For the month of
June the comparison on these roads is not so favorable*
the Northern Pacific indeed recording a very heavy in-
show either losses or only very
on the Southern Pacific the loss, as already
reaches $207,355, this being entirely the result of
crease, but the others all
trifling gains
said,
;
and reports augmented expenses, gross having increased $669,726.
Next to the Pacific roads, the Southern roads appear
a decrease in net for the half year of |843,676. The
"Wabash (lines east of the Mississippi) has lost $545,721. to best advantage in the net for the half year. There are
The Boston & Albany and the Lake Shore each fall nearly some few companies in this section which report dimin$250,000 behind, while the Ohio & Mississippi and ished totals, but with the exception of the Louisville &
Cleveland Columbus Cincinnati & Indianapolis have each Nashville the losses are generally quite small, while all
large amounts for additions and betterments,
nearly $200,000. The Northern Central shows a
decrease of $355,816, the Mexican National a decrease of
$269,585, and the Louisville & Nashville a decrease of
lost
the larger systems, like the Central of
Tennessee, the
&
Richmond
Danville,
Georgia, the East
and the Norfolk
Western, have quite considerable gains.
&
The East Ten-
—
The following is a summary by groups nessee particularly shows heavily enlarged net in part
and geographical divisions, the figures in parenthesis we presume as the result of the policy of charging imindicating the number of roads in each group.
provements and betterments to capital account.
In the
Middle Western group the Wabash has lost heavily of
over $200,000.
Orom Earnings.
1888.
Trunk
lines
(fl)
Middle Western
Northwestern
West
.
.
.
(
1887.
10)
1,184,060
(6)
2,814,478
of Missouri.. (3)
8,124.920
10,0(S6,27S
Total, 81 roads....
89,oao.4ai
Trunk
1 to
JtUy
lines
1888.
1887.
the other roads in that group (comprising chiefly minor
Inc. or Dee.
lines),
«
9.978,437
Ptclflc systems .... (12i
Southern roads.. ..(25)
Coal companies. ..(11)
Eastern roads
(6)
Mexican roads
(2)
Jan.
;
Net Eaminst.
4,W9,34S^
7,018,090
914,064
538,786
487,381
338,599
8.830
t
S,06«,780
370,635
970,828
1,035,826
3,677,366
1,353,484
1,840,882
896,195
137,046
38.585.639
18,114,425
18,748,880
9.789.255
3.081,354
1,287,881
S,792,7«8
2,318,884
887,450
463.538
716,048
8,648,908
3.609,153
4,235.361
1,578,787
6,887.409
818,188
2,072,978
- 113,189
-506,990
-319,484
-67,812
+219,863
+232,090
+39,404
-134,816
-633,795
1.
(8)
81,770,860
80,198.377
85,538,958
-1,708,976
40,041,033
S«,t)5fl,468
11,037.»42
27,242,931
8,807,749
6,858,859
5,708,808
16,571,960
8,780,818
11,966,761
13,882,175
18.938.671
4.64a,l56
,406,471
4,066,865
3.206,888
1,001,461
1,190,182
-18.9.861
Total, 87 roads.... 458,739.107 848,199,4791 76,839,138
84,088,463
-7,789.3«6
Middle Western... (18)
7,802,111
7.593,644
1,862,301
Northwestern
(6)
13,448,593 17,4:4,197
1,707,848
West of Missouri. iS) 11,330,322 13,184,378 8,169,712
Paolllc systems ... .(12) 85,012,800 46,176,887 17,704,619
Southern roads.. .(88) 28.685.218 25,098,038 9,876,449
.
Coal companies.... (17)
Kaaiem roads .... (1»)
Mexican roads
(3)
there are four which report diminished net for the
*
+17,634
—445,448
-5,151.316
—2,533.096
+8,132,659
+795,637
-928,809
+838.885
half year
whole
is
and six for the month, but the result as a
Among what are called the
quite satisfactory.
Eastern roads, the exhibit
is
a
little
irregular,
some
of the
having suffered because of the March blizzard. The
Manhattan Elevated is embraced in this group and has
an ircrease of $219,730. For the month, out of six comlines
panies included, only one, namely the Baltimore
mac, shows a
The
Poto-
falling off in the net of the coal
companies for the
some extent misleading.
It is the result of
half year is to
heavy
&
loss.
by a few large companies, and especially the
Reading and the Northern Central. In addition to these
losses
roads only the Buffalo Rochester
Delaware
& Hudson
lines
— the
&
Pittsburg and the
latter only slightly
— have
Mote.— Included under the bead of—
suffered
<"''", C'<"^- ^"'- CIn. & Ind., N. r.Lake Erie i
w^I'r'S, ^!hf.^~A".',"°""'5 P''""?)!"""!"
(east of Pills. & E,lo), and far the six
m,?Sth.,'i^ ..?„*.'"'•,"","
® r'ii'.''i<'i?™!;;'"? """ * •Jhlo), toBCther with Huston *AI
i„J..«
^""SlKia Central and Canada Southern, and N y.
Cent'
Hiddle n'estem— Cairo. VIn A Chic, Lake Erie
A Western Cleveland A
O"'" R'«r, SSoto Valfey, Toledo* oh*
rJmS".'?""- ""J*!'?? i f^a^^il
* "o. and WaDash Ky.,rnd to?
the .?rmnn.'.;. .h^""-* '^'""••.^•"'"'»vC<''
""'**''«• "'*" •""»»• Younirs. ft Ast. and
Whe^lngiLako »?rlel™ ""
heavy gains, particularly in the case of the Central of
New Jersey, the Lehigh & Wilkesbarre, the Summit
Branch and Lykens Valley, and the Western New York
& Pennsylvania. For the month, only the Northern Central reports diminished net.
In the first six months of
last year, the improvement on the coal roads was over 100
^
S„v
•
\
'
oEr'rhw.'^V.^i"*(jnincT. Chio. Burl. &
Cedar Haplds 4 Northern, Central Iowa. Chicago Burl.
Nor., Keokuk ft Western and MlDoeapolls ft St" Louis.
A
a
decrease in net, while
all
the others have
—
—
—
THE CHRONICLE.
186
per cent; hence the fact that so
many
of the lines
[Vol.
XLVII.
show
In the Chronicle of June 3, 1888, there was presented a
most remarkable exhibit of the growth of circulation in the
class of companies.
With refererce to the trunk linesi United States since the resumption cf specie payments.
From this it appears that between Jan. 1, 1879, and May 1, 1888,
the Erie alone is able to exhibit enlarged net, but about
the amount of bullion, coin and paper in the Treasury
half the $1,708,976 decrease reported en this group comes
increased
from the New York Central.
Moreover, relatively the
From (Jan.
large gains the pretent year, attests the prosperity of that
decrease
is
not very large
which
is
son
with results ior
is
— only
1,
about six per cent
To (May
last
year which had shown an im'
cent.
1873.
[David A. "Wells in Reply io the Chrosicle.J
VI.*
In respect to only one commercial staple of
—
word
" rear' however, leaving it somewhat doubtful whether by
" overproduction " the Chronicle means supply in excess of
market demand, or simply in excess of what the world would
if it could determine its own terms of taking.
It is nevertheless a great point gained to get any friend of "outraged
silver '' to admit that there has been any overproduction of
take
anything in recent years, with its consequent inevitable influence in occasioning a reduction of pric; s. At the same time
to break the force of this admission, the Chronicle again
introduces what the mathematicians would call the personal
equation"; by expressing the opinion " that success at this
'
'
damaging
to Mr. Wells's general line of
thus states: "
|101,886,.548
in the
(Jan.
To (May
1,
1,
1879)
hands of the
$827,716,559
1888)
|1,871,818,873
Showing an increase of
rate imadmit " that
first
portance, namely sugar, does the Chronicle
there has been 7-eal overproduction" the qualifying
is
325,090,934
Showing an increase of
While the amount of coin and paper
From
argument,
He
has set out to prove that the fall
in prices is due to multiplication and cheapening of commodities, and that this in turn is due to man's increased
control
over productive forces,"' while " he himself admits that this
' overproduction
(in the case of sugars) has been mainly due
to an artificial stimulus by sugar bounties." To this I have to
reply, that the Chronicle very unfairly misstates the
language
of my proposition which clearly prefaced the discussion
of
the phenomenal decline in the prices of the commodities
which it has made the subject of dissent and criticism. After
it
|223.704,386
people has risen during the sanle time
ECONOMia DISTURBANCES SINCE
point "
1879)
1888)
Eot unsatisfactory considering that the compari-
provement of about 2 1 per
which
1,
'
remarking that for explanation of such extensive economic
"a cause or causes more or less general,
must be sought for," I continued as follows: "And of such
causes, two only that are worthy of attention
have been suggested, first, a great multiplication and cheapening
of comdisturbances,
$544,103,314
Total increase in Treasury and active circulation
$645,488,863
Thus, while there has been an increase in population of say
38}^ per cent, the total of paper and precious metals has
increased 61 per cent whilst the coin and paper in active use
among the people and banks has risen 66 3-3 per cent, or much
more than double the rate of increase in iMpulation.
Considering that during the same period there has been a
great and universal decline in the prices of commodities, how
;
do these facts harmonize with the theory, that the volume of
medium controls prices, and that the movement of
circulating
the precious metals puts
down prices in the
event of a reduction
an increase of
supply. Note further, that the increase of gold and silver
coin and bullion has been during the past nine years |704,813,533, while the paper circulation has diminished.
Nor can
it be maintained that the fall in the value of silver bullion
affects this circulation, since for all purposes of internal circulation silver and its paper representatives have the same
efficiency and excliangeable value as existed before the
depreciation of silver bullion. The availability of silver coin
for the settlement of international balances has been alone
affected; and this, so long as there is an adequate supply of
gold, is an immaterial factor.
I hold therefore that the
Chronicle in the above exhibit has furnished the most complete refutation possible of the theory that the changes in
the precious metals account for the fall in commercial values.
I am yours, very respectfully,
of the supply,
and puts them up
in the event of
david'a. wells.
NoHwicH, Conn., June
13, 1888.
modities tTirough new conditions of p-oduotions
and distribution, which in turn have been mainly due
fo the
progress of invention and discovery, and second the
appreciation of the precious metal used for standard
money." I submit that this language will not justify in any degree
the construction the Chronicle puts upon it,
namely, that I have
asserted that the " cheapening " was due
solely and exclusively to man's increased control over
the productive forces
and therefore its charge of stultification on my
part in respect
to sugar, is simply unwarranted. And it
may be further said
case of beet sugar, that although the bounty
stimulus was
undoubtedly the primary cause in recent years
of its greatly
m
IFrom our own correspondent.]
London, Aug. 4, 1888.
The Bank of England directtrs at their usual meeting on
Thursday separated without making any change in the official
rate of discount, which remains at 3t^ per cent. That there
would be an alteration in the rate was not generally expected,
but when the Bank return was made public some surprise
was felt that with so poor a position the directors had not
taken steps to diveit the bullion drain. Chiefly because of
mcreased production and cheapening, the results
would have the internal coin requirement"!, about a quarter of a million in
been far different had not tbe bounty system
been followed gold ebbed from the Bank, and the bullion item is now reduced
by great improvements, in the nature of
discoveries and to £30,600,000. Last year at the Sana e date the Bank's position
inventions, which not only changed the
whole character of was very similar to what it now is, and on the 4th of August
the beet itself, but also greatly increased
and cheapened the the Bank rate was advanced to 3 per cent. Very little gold
product of sugar derivable from it.
for export has been taken the past week from the Bank itself,
In the last article of its serifs the Chronicle
considers the but abojt £800,000 has been shipped to South America from
effect of the recent economic disturbances
upon the "rela- the open market and France. The gold in the B ink of France
tive positions of debtors and creditors,"
and upon the condi- decreased during the week a little over £300,000, and it is
tions of labor. These are topics of
great interest, and as their understood that this amount was withdrawn without any
presentation has not involved anything of
personal reflection payment of premium but a continuance of such conditions
It would give me pleasure
to consider them, did I not feel cannot be expected, as at present the open market premium
that this discussion on my part has
on gold in Par^s is 3}^ per mille. More gold is required for
been unduly extended
I
will therefore conclude by asking
attention to a matter perti- the River Plate, the current estimates ranging between one
nent to this controversy respecting the cause
of the decline in and two millions sterling. With this demand to be met and
prices, which has not yet in my opinion
received that notice the Bank of England's stock of gold so low, an early advance
from economists and financiers which it
of th-i discount rate is regarded as certain, and a rise of 1 per
merits.
cent to i% per cent would occasion no surprise.
* The present concludes Mr. Wells' letter to us. We have prepared
In less than a month the open market rate for bills has
'""'^' ''"'
'" ^'"" "' t'"' '"^^ "^"' «« -""cl^ »Pace and
^rr.rT
attention
has V"
been guon the subject in the Cukcnicle
about doubled, from IJ,^ early in July to 31b to 2i^, the
for some time
past, and that there arc other matters now
claiming admission to our present quotation for three months bankers' acceptances. At
columns, wa have determined to defer publishing
our answer for a few one time there was an idea among the discount houses of
Weeks.— Ed. Ciibosiclk.
raising the t-rms allowed for money on deposit, which have
;
.
AcorsT
for
THE CHRONICLE.
18, 1888.1
some weeks been
annoy on c»U and 1 per
however, came of it. With an
^^ per cent for
cent at notice. Notliin;^,
ailvunce in the B.mk rate it may be nocessiry for the Bank to
take money off the market, and apparently it has already been
doing
as there
a decrease of about £1,3K),000 in its
security lioKlinj^s, partly duo to dedoiency bills being paid o(T
by the Ooverntnent, partly to a known sale by the Bank of
about half a million of Government funds, and partly, it is
this,
187
Basllali Vlnaoclal niarliM*— p»r Oahla,
The daily closing quoUtions for securitie*, &c., at London>
are reported by cable as follows for the week eniling Aug. 17:
tjondon.
Sat.
Hon.
Tue:
42
42
Wed. \Thur:
fri.
is
believed, to selling or
shows that the
:
.
borrowing on colonial boads.
All thin
directors are ijuietly seeking to strengthen the
position of the Bank.
Tiiere has again been a weak tone in the silver market and
again the metal is (juoted fractionally under 42d. per oz. fine.
For some time past the parity of silver has been slightly above
the parity of India Council Bills, but Indian banks And it does
not suit them to take silver at the prices ruling. Tiie fall for
the week has been only l-16d. but is 8-lOd. from the top tjuot^tion reached on Tuesday last.
Silver,
per OS
Consols,
new
42
d.
25j percts.
do
foracooiint
Fr'oh rentes (In Paris)
O. 8. 4»9»of 1891
D. 8. 4s of 1907
fr.
997, a
997,8
83-90
xOSH
130
Cana<lliin Pacltio
Ohio. Mil. & Ht. Paul....
5979
75 '4
29 14
Eric cimiinon stock
Illinois
123^
Central
Pennsylvania
99»ig
09»1S
997,,
997,„
83-87li 83-32ijf
10891
109
109
130i«
130
!30>a
59Ss
59
50!U
74%
741%
li.
2379
29
28^
123% 123>« 123«,»
55%
26%
55%
llQIg
110^
.5579
Jc Reading.
26 >4
Central
110>3
99 a«
I
Phlladcipliin
Hew York
421,,
m-s,
180%
59
74 14
28 •
72%
28
123
I23I4
55'h
MH
25%
26
88-75
100
131
58S«
109
110
55%
26%
25 ^H
110>«
109-lt
Imports and Exports fob the Week.— The imports of last
week, compared with those of the preceding week, show an increase in dry goods and a decrease in general niercliandise. Tlie
total imports were |7,219 773, against $3, 104,06:^ tlie preceding week and $9,743,588 two weeks previous. Tlie exports
for the week ended Aug 14 amounted to 1 1.850,103, against
Trade advices continue to be encouraging and the reports
from the iron districts are especially favorable. The one
industry which is bewailing its hard fate is the agricultural $5,217,083 last week and $5,379,415 two weeks
previous. The
department, and an evidence of the severe times tlirougli following are the imports at New York for the week endwhich our farmers are passing is the suspension of a small ing (for dry goods) Aug. 9 and for the week ending (for
general merchandise) Aug. 10 also totals since the beginning
private bank in Northamptonshire which lias been in existence
of the first week in January
for nearly eighty years, but which has now had to close its doors
FOBEIGS IMPOBTS AT NEW TORK.
;
inconsequence,
farmers.
With
stated, of losses made in business with
the distress, it is remarkable that our farm-
it is
all
ers are so lacking in enterprise as to allow the chances of
com-
peting with foreigners to pass by them. Last year we paid
away £31,739,000 for foreign produce, much of which ouglit
to have been supplied in this country. Thus in 1887 we im
ported the following
Butter and butterine, £11,890,000
For Week.
1885.
Dry Goods
1887.
1888.
$2,731,020
5,241,004
$3,185,997
7,006,186
$7,481,901
$7,9 72,090
$10,192,183
$7,249,773
»61,043,360
172,009,654
$72,1 "4,003
195,123,608
$70,558,998
$81,601,370
2Io,326.s62
Qen'l mor'dlse.
Total
Since Jan.
1886.
$2,431,531
5,050,370
$2,962,221
4,287,652
1.
Dry Goods
Qen'l uier'dlse..
215,2S<6,503
:
cheese, £4,514,000
eggs, £3,085,000
poultry, £410,000 rab£466,000 vegetables, £600,000
dried yeast, £774,000
making the above-mentioned amount cf £21,739,000 and we
bits,
;
;
;
;
;
;
have taken no account of
and meat
cereals, fruit
food.
The iron trade statistics of July are evidence of a considera
ble expansion of trade, both foreign and internal. The trade
of the Cleveland district has especially improved
The foreign
.
shipments of pig iron for seven months have been 297,000 tons,
compared with 314,000 last year, and the home consumption
has been 1,063,000 tons, against 1,004,000 tons. Stocks at Mid
dlesbrough at the beginning of the year were about 640,000
tons
and are now but
over 500,000 tons. The shipbuilding demand is go'd, and we have secured some large
orders from South America and the Colonies for rails and
material. Considering the immense sums we have lent to
little
foreign and colonial governments and railroad companies,
is only natural we should have an increase of businets
but
;
it
it
noticeable that we have been having also more trade with
the Continent. This latter is the result of the low range of
prices ruling, for quite recently pig iron has been quoted at a
lower average than for nearly half a century past.
is
The weather, though
still
unsettled,
at the beginning of the week, when
rainfall which did much damage.
decidedly better than
there was an excessive
is
The
precipitation
ing the month were about 94 out of a possible 497, the temperature varying between 42-9 as the lowest and 74 as the high. st.
In Miirk Lane there has been quite a fpurt, and prices were
strong at an advance of 6d. to Is. per quarter, but a gleam of sun
shine at the close of the week led to a reaction from the best.
The following shows the imports of cereal produce into the
United Kingdom during the forty-eight weeks of the season,
compared with previous seasons:
CWt. 45.842,533
1S,37-.MS2
16,665.188
2,840,751
2.549.128
22.480,661
16,590,886
Oats
Jea»
Beans
Indiiin corn
Flour
Supjilies available for
September
1886-7.
1684-5.
188.'i-6.
49,419.303
15.398,699
45.699,303 53.lyi,7,'i3
9,K55.972 15,900.189
9,854,304 11.9(Kt.3l6
2,385.881
1.918.360
1,839.4.35
2,416.028
2,«.-)9,253
3.3U3.101
28.239,174 28,836,692 25,790.542
15,705,736 13,272,321 15,608,000
l;i,790,20<i
consumption (exclusive of
stoclts
on
1):
1887-8.
^ of, whoat.CTrt. 45.842..533
Imports
Imiwrts of lloiir
16 590,886
Bales of homo-gi-own. 30,584,125
Total
Aver, price whnat
Aver, price wheat
1886-7.
49,419,S03
15.700,736
30,540.435
188.5-6.
1994-5.
45.099,363 53,131.753
13.272.321 15.668.000
39,397,214 38,575.021
99,017,544
95,605,474 98 368.898 107.375.374
1887-83.
1886-87.
1885-6.
1884-35.
week. 32a.
6d.
season. 30s.
7(1.
For the week....
Prev. reported..
1885.
1886.
1887.
1888.
$7,294,9-8
195,585,238
$5,549,640
185,441,131
$6,769,434
181,342,538
$4,850,102
173,132,223
Total 32 weeks. $202,880,216 $190,990,777 1188,111,972 $177,982,325
The following
at the port of
since January
1887 and 1886.
shows the exports and imports of specie
for the week ending Au<. 11, and
1888, and for the corresponding periods in
table
New York
1,
EXPORTS AND IMPOBTS OF SPECIE AT NEW YORK.
Erporis.
Imporit,
Gold.
Week.
Great Britain.,
France
Since Jan.l.
$3,000
$1,763
17,.500l
6.318,015
4,998,381
West Indies..
Total 1888..
Total 1887..
Total 1886..
8ine*Jan.X
$6,332,338
Germany
Mexico.
South America
All other countries.
Week.
2,606,.506
16
936.867
563,983
31,134
207.744
191,515
6,862
1,030
402.192
576,804
23,000
$26,000 $18,645,230
$7,9"7
881,141
$4,539,516
0.183.281
19,500| 30.985,532
60,578!
3,2a7,963
39..543i
Exports.
8,02 ',960
Imparts.
Silver.
Week.
Great Britain
France
\.sincejan,\.
13,300'
Germany
West Indies
Mexico
Total 1888
Total 1887
Total 1886
3(!0,939
22.?.68
15i),550
298
1,004
South America
All other countries...
Week.
$401,8001 $0,349,384
11,200
47.938
455,559
$429,300
$7,3.'55,958
231.6.')ll
6,528,771
180,215'
0,580, 2I1I
Since Jan.\.
$44,681
111,747
85,578
154.079
17,383
11.938
718,791-
$1,302
49,263
33.529
$1,144,197
1,380,455
1,000.579
Of the above imports for the week in
18S8, $5,441 were
American gold coin and $503 American silver coin. Of the
exports during the same time $23,000 were American gold
coin.
IMTOETS.
Jl^Mlt
Barley
The following is a statement of the exports (exclusive of
from the port of New York to foreign ports for the
week ending Aug. 14, 1888, and from January 1 to date:
EXPORTS FROM NEW YORK.
specie)
in
July, as recorded by an observatory near London, was 5 95
inches, whi!e the average rainfall in the previous ten years for
the same month was only 2-11. The hours of sunshine dur-
1887-8.
Total 32 weeks. $233,113,014 $207,307,671 $291,855,501 .$291.928,232
34s.
33s.
3(1.
lii
328.
308.
Od.
9d.
3(s.
338.
Id.
2d.
—The Denver & Rio Grande Railway Co. has just sold to a
syndicate the $3,000,000 of its 5 per cent Improvement Mortgage gold bonds, authorized at the meeting in May last, but
the stockholders of rec rd on Sept. 5th, prox., will have a
prior right to subscribe for the tonds when they are offi re«l
for sale to the public. The purposes for which these Iwnds
are issued was fully explained in a circular at the time of the
meeting, and the proceeds are devoted miinly to the expenses
of widening the gauge or laying a third rail on parts of the
system, and to other essential improvements.
—The City of Omaha new 6 per cent loan for $343,000 ia
offered In New York and Boston by the well-known house of
Blake Bro?. & Co., who recommend them as a desirable
investment.
Particulars will be found in our advertising
column?.
.
1
\.
1
THE CHRONICLE.
188
New York
City
Bank Statement for the week ending Aug. now rendered is, that it was done at the expense of the mainWe omit two ciphers (00) in all cases- tenance of the property at a period when more than the-
as follows.
11, 1888, is
Banes.
Capitta.
Surplus.
Loam,
Specie.
LegaU.
2,870,0
3,144,0
3,063,6
2,412,0
3,802,7
1,309,0
6,607,1
512.8
7,977,1
335,4
1,820,0
605,0
803,0
832,0
643,8
73,0
935,0
191,8
656,7
734,9
365,0
155,4
240,0
128,4
219,9
114,7
373,2
2,923,0
2,392,3
344,8
1,038,1
300,5
504,9
471,6
266,3
297,2
864,2
243,6
230,6
899,3
188,1
82,8
Deiosits.
(OOs omitted.)
Bank of New York..
Hanhattan Co
Merchants'.
Heohanica*
2,000,0
2,050,0
2,000,0
2,000.0
3,000,0
1,000,0
1,000,0
1,000,0
300,0
600,0
1,000,0
300,0
200,0
...... ...
.
America
Fhenlx
City
Tradesmen's..
Chemical
Merchants' Eich'nge
Gallatin National
Butchers' & Drovers'.
Mechanics' & Traders
Greenwich
200,0
600,0
300,0
Leather Manofact'rs.
BCTenth National
Btateof New York...
American Exchange..
Mercantile
Paciflo
Bepnhlio
Chatham
460,0
200,0
700,0
Peoples'
North America
Hanover
1,171,11
747,9
1,489,5
1,907,6
601,6
2,216,6!
211,0,
6,581,0,
110,5
1,265,4
276,6
147,9
81,4
612,1
74,6,
493,4
220,8
342,2
1,000,0
971,3,
500,0
235,9)
600,0
364,9
600,0
166,6
750,0
620,1
222,2
600,0
500,0
227,2
1,000,0 1,078,0
1,000,0
300, 3
300,0
347,6;
1,500,0 3,606,5
2,000,0 1,704,6
110,7'
240,0
116,3
250,0
3,200,0 1,157,2
502,2
2,000,0
300,0
200,0
760,0
253,9
500,0 6,629,4
1,000,0
203,6
300,0
116,9
260,0
362,9
200,0
93,0
750,0
216,4
600,0
517,7
100,0
661,3
200,0
341,3
200,0
344,9
500,0
481,4
300,0
161,2
200,0
225,8
150,0
239,2
300,0
408,1
200,0
197,1
600,0
139,8
200,0
77,4
3,500,0
35,5
Irving
Citizens*
Kassan
Market
& Fnlton
Nicholas
Shoe (& Leather
Corn Exchange
Continental.
Oriental
Importers' <& Traders'
Park
North River
East River
i"(rnrth National...
Central NationaL..
Second National...
Ninth National.
.
First National
Third National
N. Y. Nat'l Exchange
Bowery
New York County
German- American
Chase National
Avenne
German Exchange...
I'lJlth
Germania
United States
Lincoln
Garfield
Filth National
BKnk of the Metrop..
West Bide
Seaboard
Sixth NationaL
Western National...
Total
1,621,5
1,200,0
460,7
5,000,0 1,545,6
6,000,0 3,014,7
1,000,0 1,458,2,
1,000,0
660,3
422,7,
289,7
1,600,0
760,6
Commerce
Broadway
Bt.
13,450,0
9,360,0
0,712,8
8,512,0
12,819,8
4,169,0
9,210,6
2,934,7
19,801,1
3,368,4
5,665,0
1,938,4
2,196,0
1,162,9
3,392,0
1,347,3
3,971,5
16,037,0
20,614,4
5,603,2
8,496,2
2,417,0
10,693,1
4,687,4
2,056,4
3,696,3
13,350,4
3,079,0
2,679,0
2,377,7
4,186,6
1,793,6
3,126.0
7,164,2
4,665,8
2,025,0
20,925,6
18,715,6
1,940,2
1,271,2
17,174,0
6,858,0
3,412,0
4,546,2
22,657,2
5,133,0
1,541,6
2,190,6
2,402,7
2,767,1
8,089,5
3,873,0
2,570,2
2,341,3
4,180,7
2,605,2
2,230,0
1,420,6
3,732,7
1,925,0
2,324,1
1,710,1
9,676,0
497,0
375,1
106,0
155,7
700,8
413,1
614,6
4,420,0
3,788,6
1,030,2
1,611,6
620,7
2,319,0
698,5
264,7
680,6
3,448,7
540,0
449,2
264,7
1,260,3
240,6
657,0
1,161,5
976,8
150,0
4,366,8'
1898,6
177,9
274,4
2,429,0
1,918,0
;
288,0
262,0
738,7
360,0
1,726,1
3,938,5
173,1
96,5
2,009,2
1,353,0
449,0
888,0
325.2
1,756,6
1,169,6'
236,0
138,7
144,3
722,1
114,0
688,2
42,8
368,8
144,9
827,6
1,700,0
1,913,6
4.156,0
380,3
246,2
131,0
1,132,4
686,9
381,0
356,0
706,2
325,0
75.3,6
421,6
464,7
122,3
291,8
208,0
339,6!
527,0
247,6
282,0
403,1
115,6
1,225,6
1,373,8
412,0,
14,400,0
10,692,0
9,363,0
8,430,0
13,437,0
3,981.0
13,874,1
2,748,0
22,846,8
3,986,1
4,266,0
1,988,1
2,306,0
1,193,3
2,876,4
1,507,5
3,730,9
10,373,0
17,761,2
4,781,1
8,986,8
2,945,1
11,146,3
4,847,3
2,080,4
4,189,7
14,780,5
3,160,0
2,719,0
2,056,4
4,197,1
1,573,0
3,399,0
6,767,7
6,782,5
2,000,0
23,003,0
23,021,8
2,243,8
1,426,0
17,534,2
9,356,0
4,365,0
6,767,4
21,740,8
5,289,1
1,288,5
2,618,4
2,961,1
2,462,1
8,704,3
4,060,6
3,020,4
2,62,S,5
4,607,9
3,246,1
2,.356,0
1,889,9
4,262,6
2,212,0
3,088,9
2,064.0
8,867,3
60,762,7 49.666,6 385,791,l'88,862,7 39,383,9 416,519,1
Loans.
N. Y. Banks.'
July 28
Ang. 4.
•'^
11.
Specif.
Legais.
Depositi.^
GircTn
379,488,6 91,11.3,2 39,230,4 412,909,7 7,665,2 509,387,8
381,703,0 90,687,3 39,743,2 414,320,5 7,644.0 575,711,2
385,701,1 88,862,7 39,383,9 410,519,1 7,672,3 545,268,2
Boston Banks.*
146,892,7 10,365,3
148,456,7 10,107,1
148,967,1 10,040,9
.
An^. 4.
11.
3,768,0 116,833,1 6,186,0
3,537,1 117,764,9 6,174,6
3,401,5 118,643,8 6,004,8
deficits in earnings, the reconstruciion of certain
portions of
the road and the repair of others, about $6,000,000, which will
precede at time of reorganization the claims of present obligatiOEB.
The above amount will not have to be expended at one
time, but will probably cover the necessities of the management for betterments for three or four years from the timepf
the reorganization agreement."
—The gross and net
Mobile & Ohio.
for the year ended
73,477,7
82,678,9
74,470,2
earnings and charges
June 30 were as below given
1887-8.
Gross earnings
$2,629,537
Operating expenses and taxes.. 1,919,144
Net earnings
Interest,
&0
:
Inc. in
1887-8.
1880-7.
$2,431,331
1,793,66*
$198,156
125,476
$710,393
704,919
$637,713
636,393
$72,680
08,526
$5,474
$1,320
$4,154
Siu-plus
New York
Stock Exchange— New Securities Listed;—The
following were listed this week:
East Tenn. Va, & Ga.— $900,000 first mortgage os, extension gold bonds, due June 1, 1937.
Ohio Indiana & Western— Indiana Bloomingtou & Western. The securities of the new Ohio Indiana & "Western
Company are now ready for delivery in exchange for the
old I. B, & W. stock and bonds, in accordance with the plan
of reorganization. There are |6,500,000 of the first mortgage
bonds to be exchanged for new bonds and $2,000,000 of second mortgage bonds to be exchanged for the new seconds.
About $1,000,000 of the first mortgage will be reserved in
trust to retire an equal amount of preferred 7 per cent bonds
maturing in 1900. The new stock is not ready for immediate
issue. There will be $10,000,000 of the common and $3,385,000
of the preferred, the income bonds being retired by payment
—
Atstracts of both the new mortgages will be found under Reports and Documents.
Ohio & Mississippi.— The following is a statement of the
earnings of this road for the fiscal years ending June 80:
of 70 per cent in the latter.
Gross earnings
Operating expenses
1887-88.
$3,978,559
2,734,417
1886-87.
$3,988,433
2,650,480
Net earnings
Interest on funded debt
Sinking fund charge
$1,244,142
$1,024,716
57,000
$1,337,953
$1,024,716
57,000
Surplus.
—
$1,081,716
$172,326
$1,081,716
$256,237
following reports for
Railroads in New York State. The
the quarter ending June 30 have been received by the State
Railroad Commissioners:
^Manhattan Elevaed
.
^BrooJ:li/n Elevated.—
1888.
Gross earnings
$2,228,795
Operating expenses. 1,147,890
1887.
$2,093,047
1,119,442
1888:
1887.
$192,010
124,910
$166,471
94,835
Net earnings... $1,080,805
$973,605
29,513
$67,106
403
$71,036
21,500
We
Total income... $1,102,405
Int., taxes & rental.
541,465
$1,003,118
509,849
$67,.509
$71,965
63,677
—Attention
Balance
Fhlladel. Banks.'*
JtUy 28
Anp. 4
11.
.
93,549,1
93,464,0
93,718,0
30,940,3
29,696,2
20,499,5
98,414.5 2,726,9
96,647,0 2,727,3
96,337,6 2,724,5
58,260,9
60,006,3
82,499,9
omit two ciphers in ali these Ugures. i Including, (or Boston and Philadelphia, the item "due to other banks."
*
average amount should have been expended for improvements and repairs because of large increase in tonnage.
The opinion is also held that the reorganization of the property
should have been made before the lease agreement with the
Missouri Pacific was entered into. As the matter now stands,
the probabilities are that there will have to be expended for
Clearings.
$
.
Jnly 28
[Vol. XLVII.
is
See advertisement in another column.
—
The Homestake Gold Mining Company announces its
one hundred and twenty-first dividend of 20 cents per share,
foP July, payable at the transfer agency of Messrs. Lounsberv
on the
su.
called to the choice apartments to let in the
Montague Apartment House on Brooklyn Heights.
The
house is finely located and very complete in all Its details.
& Co.
Other income
25th,
—The Daly
Mining Company has declared its 18th dividend
S^.f^I-SOO fo'' July, payable by Messrs. Lounsbery & Co.,
MiUs Building.
$560,940sur.$493,269
r—Rome Wat.ii Ogden.—^
1888.
Houston East & West Texas.— On another page, under the
"R?ports and Documents," will be found a summary of
the proposed plan of settlement with all classes of the creditors
and bondholders of this company. The answer of the defendants in the pending suit eays that lands were not
described or included in the second mortgage, and also
states
that these mortgage bonds were never nefrotiated, but
hypothecated for loans of about 1300,000. If all parties are
able to
agree on this plan as proposed, or with modifications,
it will
be a fortunate settlement of the troubles.
r
$2,525
-OgtI.
1887.
d
L.
188?.
sur.
$8,288
—
Champ.
1887
Gross efemlngs
Operating expenses.
$808,218
481,122
$743,892
442,911
$16i\848
110,899
Net earnings....
Other Income
$327,096
7,819
$3C0,981
7,350
$49,949
8.395
$52,870
4,639
Total
taxes
$334,915
257,824
$308,331
$58,344
67,375
$57,509
62,530
$9,031
def.$5,021
Int.,
& rental.
Balance
su.
259,.595
$77,091 sur. $18,736
<t West.~
--K. T. Out.
1888.
Gross earnings
$427,062
Operating expenses. 349.787
title of
70,034
dcf.
329
Net earnings
Int.,
taxes
&
rentals.
Balance
$77,275
74,820
sur.
$2,455
det.
$166,922
114,052
^Vt. OUn. a Mtuf.-,
1887.
1888.
1887.
$376,604
302,934
$50,890
33,595
$49,338
29,627
$73,670
67,800
$17,291
20,502
$19,711
19,600
sur.
$5,870
def.
$3,207
sur.
$111
Louis Arkansas & Texas.— A special mesting of the
stockholders of this railway was held this week in St. Louis to
vote an increase of the mortgage to cover the expense of
building the line from Maiden, Mo., northeast to Grand
Tower, 111. construction work upon which is now going on.
The new line will soon be completed to Delta, at the junction
formed by crossing the Iron Mountain's Belmont branch. At
Missouri Kansas & Texas.— The Investigating Committee's Delta the new line also crosses the Cape Girardeau and Southreport has not been given out, but the following is
a brief western road. Over three-fourths of the stock was represummary of the conclusions arrived at, as reported by the sented at the meeting, and it was voted to increase the mortDaily Bulletin
" It is understood that the report will show gage indebtednfsi and capital stock sufficient to cover the
that It fell several hundred thousand dollars behind
fixed building of the new line, or Maiden branch.
charges before the lease to the Missouri Pacific Company
was
Toledo St. Louis & Kansas City.— The standard gauge on
made. Taking the entire period of eight years since the
making of the lease, the road shows a deficiency in earning this road will be completed to Charleston, 111. by September
1, where connection will be made with the Indianapolis & St.
interest charges. The full charges never have been
fairly Louis and other roads, and a through route from Toledo to
earned. For a few years the returns of the road were
made to St. LouiBwill thus be secured. The corn crop on the line of
appear as thomgh charges had been earned, but the judgment
the road i large, and a good fall business is expected.
St.
,
:
,
::
ACOC8T
.
THE CHRONICLE.
18, 1888.]
have reocntly been announced
Ifamt of Oompany.
Fer
Oenl.
VTHen
Payable.
Hallrondsa
Chicago Biul.
iV:
(Jiiliioy (<iuar.)..,
Maine (Viitnil
North ri'iinsylvania
(<imir.)
ItllMl'vllltllOOUN.
DelAWiirt- IMvisioi) Ciiniil
Now York A: Texas Limit
Tlie
Book* Oto$ea,
(Dayf ineliuivt.)
Aug.
Aug,
IS AU(c. 22 to Auk. 31
15 Aug. 2 to Aug.
25 Aug. 16 to Aug. 10
Aug.
Aug.
15
8
Sept.
189
A
gixe ganTier$^ @ajgjettje>
UIVIDBNDSi
Xtte following dlvldenda
:
'
.
.'i
their posted figures ^c. , and the asking ratei to-day are 4 8S
4 85i and 4 874(94 88.
To-day the rates on actual business were at follows, viz. ; Banken' 60 days' sterling, 4 84(^4 84}; demand, 4 87^4 87^.
Cablet, 4 87i®4 87}.
Commercial bills were 4 884^4 88^.
Continental bills were: Francs, 5 21 {^3 22^ and 5 20;
reichamarks, 94} and 95}; guilders, 40^40^ and 40^(^40}.
The following were the rates of domestic exchange on
New York at the under- mentioned cities to-day: Savannah,
buying par; selling 4®^ premium; Charleston, buying par;
Orleans, commercial, 7.5c. preselling 3-10®^ premium;
mium ; bank, $1 premium ; St. Louis, 25o. discount ; Chicago,
New
30®60c. discount.
WAl.I. MTKEET, FRIDAY, Aaitnat 17, 188»-4 P. M.
The rates of leading bankers
Money Market and Financial Sitnation.— The Treas-
ury Department has materially increased its piirchnsea of bonds
this week, and this is supposed to indicate a policy of heavier
takings during the Fall, provided the bonds can ba obtained
at any reasonable prices.
At the Stock Exchange there has been a slight decline in
owing partly to the "reaction"' talk and to bearish
sentiments from Chicago, whore they are pushing up wheat
on reports of damage to the spring crop in the Northwest. On
prices,
some of the Western railroads the situation also remains very
unpromising; the M. K. & T. report has been held back by
the committee, among whom there appears to be much difference in views; the statement, however, leaks out that |(5,000,000 will be recommended to settle claims and to make needed
improvements in the next few years, which amount, if issued
in bonds, must have a preference over all the old mortgages;
furthermore, that the stock will be assessed. The Chicago
Burlington & Quincy declared a quarterly dividend of 1 per
cent, notwithstanding its bad exhibit of net earnings, and
with a company ot such large resources it may have been
good policy to do this, in order to protect savings banks by
keeping the stocka "dividend-payer; "' but so far as the price
is concerned, it Ecldom helps a stock to pay dividends out of
borrowed money when the fact is well known.
Turning to the Anthracite Coal Roads, the prospect seems
much brighter. The distribution of coal in July was imusually
large, and an advance in coal freights has been ordered,
although some parties think this policy unwise. The advance
in Reading First Preferred Incomes to 89 places them a trifle
ahead of the mortga^4s, and as nearly $13,000,000 of these
Incomes went to the syndicate at about 73 (allowing 85 for the
fours taken by them), the profit already accrued is 16 points,
of which some part may belong to the Company by the terms
of the negotiation, though this point has never been made
public.
There is a movement in wheat towards higher prices, based
on the unsatisfactory reports from Europe, and recently from our
own spring wheat States, and this rise in prices comes at a good
time for the farmers, who are now sending their produce to
market at the rate of 3,000,000 bushels per week. Really, the
most important point yet to be determined concerning the
world's wheat production this year is in regard to the result of
the harvest in Russia. That country remains as our chief
competitor in the markets of Western Europe, and her large
are as follows:
Demand.
Sixty Dayi.
Axtgust 17.
Prime bankers' sterling blUa on London. 4 85 ®4 85 "a 4 87>«a4 88
Prime ooiuniorclal
1 83>.i«4 83ia
Dorumontary commercial
4 83 «4 83>4
Paris (rranos)
5 23>e»5 22>i 5 20B885 20
40^» 403,g 40B,g940as
Amsterdam (guilders)
Frankfort or Bremen (relobmarkg)
94^» 9479 95'8*95»«
—
United States Bonds. Government bonds have been somewhat more active at the Stock Exchange than during the
previous week, and prices have been strong and are a little
higher than a week ago. The advance is probably due to the
fact that the Secretary of the
Treasury has been paying higher
The amounts offered and purprices for both the 4s and 4is.
chased this week, and the prices paid, were as follows:
4« Per Genu due
Offerintt. Purch'ei.
Saturday
Monday
. .
270,000
493,000
1,431,000
Thursday...
Friday
1,403,000
Total.
.
..
«4,169,000
89.2I»
817,000
106,000
17,000
107H-107H
107M
107«'
339,000
107>4-107M
10,588,300
17,880
127K-»r84
1,438.000
1.386,500 187-34-187H
594,800
686,800 IST-OO-ia'W
8,060,000
lS7Hrl»
138
1,500
8,000,000
1,500
137^-188
»4,193,660 »4,0iil,050!
8»,763,100i :84-70-188
106^108
closing prices at the N. Y. Board have been as follows
Aug.
Aug.
11.
13.
AT
Aug.
Aug.
1891
1891
48,1907
48, 1907
cur'oy,'95..
cur'cy,'96..
cur'cy,'97..
our'oy, '98
our'oy, '99.
.
1
Aug.
I
15.
16.
10638 *10638 10638 '106>a 1061a
4i«8,
4ia8,
68,
68,
68,
68,
68,
1
»
t
476,000
SlnoeApr.18
The
O/eKiKW. Purcli'a. Pri«j paid.
1
1
—
Tuesday
Wedn'sday.
4 Per Cent* due 1907.
1881.
Prica patd.
17.
106%
107>sin07'« 107 ^a '1075^ 107% •10738
12738, 12738 '12738, '1271a/ 127%, •127 's
12738''127;% 127381 'I2712 127% •1277s
120 -120
120 1*120
120 •120
122>3*122>« 'I2214 '122 ifl 122i9i •1221«
125 •125
125 •125
125 •125
12731 •127% '12734 •12734 127%! •137%
l*130>8 'ISOia >130'a' '1301-2 1301a •130»«
i
This U the price bid at the mornlna board no tale waa made.
State and Railroad Bonds.— A fair amount of business has
been done in State bonds, but there has been no special
activity or feature to the market.
In the railroad bond market the heavy dealings and sharp
advance in the new Reading preference incomes was the
The dealings in these securities have overprincipal feature.
crop of last year probably cost us at least ten cents per bushel shadowed everything else, but the market has been moderately
on all our wheat exported.
The business has been
active with a fair degree of strength.
The open market rates for call loans during the week on largely in cheaper bonds, which have been irregular.
The
stock and bond collaterals have ranged from 1 to 2^ per cent,
M. K. & T.'s declined on account of the withholding of the
and to-day the rates were 2®2i per cent. Prime commercial committee's report, and the conclusion drawn from rumors
paper is quoted at 4@4i per cent.
that the report was (juite unfavorable.
The Bank of England weekly statement on Thursday showed
Railroad and Miscellaneons Stocks. There has been a
a loss in specie of £149,000, and the percentage of reserve
to liabilities was 39-80, against 39-20 last week; the discount sbght reaction in the stock market this week, and business has
rate remains unchanged at 3 per cent.
The Bank of France been restricted to a somewhat limited volume. The absence
of many brokers from the city, and the lack of general interest,
gained 350,000 francs in gold and 350,000 francs in silver.
The New York Clearing House banks in their statement of gave the bears an opportunity to depress the market, and the
Aug. 11 showed a decrease in surplus reserve of $2,643,550, selling has also been partly of long stock. There was an
the total surplus being $24,106,825, against;$26,750,375 the undertone of strength, however, which prevented any serious
previous week. The amounts offered and purchased, and decline, and facilitated recoveries in particular stocks on a
moderate effort.
the prices paid, were as follows:
There is nothing particularly new in the general situation
The following table shows the changes from the previous
week and a comparison with the two preceding years in the except the less favorable reports of the spring wheat crop, and
consequently much of the bear talk came from Chicago. The
averages of the New York Clearing House banks
grangers have naturally been among the weakest, and of these
Chicago Burlington & Quincy declined the most, on a rumor
1888.
iDifr'nc't/r'm
1887,
1886.
Augtul 11. Prev. Week.
Augtul 13. A.ugugt 14. that the dividend might be passed but on Thursday it was declared at the rate of 1 per cent.
Northwest and St. Paul have
9
Capital
60,762, 700
been comparatively active and also weak. The coal stocks
Burpliis
49.666, 600
balance of the
relatively stronger than the
Loans and dlsc'ts. 385,701, 100 Inc. 4,087,500 352.925,800 355,075,100 have been
market, Reading especially having been active and well supBpecfe
8S,Sr>2, 700 Oeo.1,731,600 70,354.100 <J5,369,100
Circulation
7,67'J, 300 Inc.
7.!i05,000 ported.
28,300
S.087,000
The new certificates came on the market on Friday
Net deposits
116,61», 100 Inc .2,198.600 852,743.1)00 369,-263.900
been actively dealt in all the week.
liCgal tenders
39.383, OOOiDec. 359,300 72,565,5001 34,15tt,100 last (10th) and have
Among the Gould stocks, Missouri Pacific and Missouri Kansas
l<egal reserve
104,129, 775 Inc. 549,650 88.185,975 92,315,975
Beserve held
128,236, 600 Doc.2,093,900 92,919,600 99,528,300 & Texas tave been rather unsettled, the latter on the unsatisfactory rumors in regard to the report of the bondholders*
Bnrplog reierre..
24,106,825, Dec.:,643,550
7,213,225
4,733,6351
committee and a prospective assessment on the stock. Western
Excliau^e. Sterling exchange has been very quiet, the Union has declined but little. The Wabashes have been more
demand having been limited all the week. The" purchase of active than usual. The Southern stocks have been somewliat
our securities for European account caused some increase in neglected, except Louisville & Nashville, which was active
bankers' bills, which had the effect of making exchange for a time and weak. The prevalence of yellow fever in
rather weak and the rates are lower.
Some drawers reduced Florida had little effect in this market.
*
;
—
;
—
.
1
....
.
.
THE CHRONICLE.
190
STOCKS-PKICEii AT N.Y, STOCK EXCHANGE FOB
WEEK ENDING AUG.
AND SINCE
17,
HIGHEST AND LOWEST PRICES.
exocKS.
Active ItR. Stocks.
Atlantic
Saturday,
Monday,
Aug
Aug. 13.
9'4
& PiieiUo
Canadian Pacitlc
11.
9M
5433 54°6
8758 88I4
*35
36
II3I4 llS^s
72I2 73 >4
Canada Soutbcm
Central of New Jersey
Central Pacitic
CMcago Burlinfilon i Qulney.
Chicago Milwaukee & St. Paul.
prel.
111% 112
& Nortiwestem
pref.
Chicago Rock Island & Pacitlc.
Pittsburg.
Loiiia
&
Cliicaeo St.
prer.
1)0
Chicago St. Paul Min. & Oin
II314 114
Do
Oblcago
141
Do
lO-S's loss's
4058
. .
pref. •108
Do
144
41
10!)
-57
Tuesday.
Aug. 1-1.
9%
9%
54% 54%
8734 88%
Do
'958
'9%
958
88
•35
36
34% 35
113% 113% 111 113
7338
72 'r
7158
72%
111% 111% 111 lll-Ts 111 112
11334 114% 112% 113-8 113 113%
144% 144%
144 144
144 144
109 109% 107% 108% 108 108
•12
•12
13%
13% •12
14
•34% 36
31
34
*34% 36
40% 40% 40-8
41
41
40
109 109% 108% 108% 109 109%
55% 56%
58
57% 57% •57
2838
27% 2838 27% 2-!%
27
137% 13858 137 138% 137% 138%
52
111
111
112%
list's
57
&
Iiouisville
Nashville
Xionis. New Alb. »& Chicago.
(31 12
..
Manhattan Elevated, cousol..
Michigan Central
MIL Lake Shore & West
Do
pref
Ol's
*40
*91
8714
44
92
*55
'90
58
95
87%
159^8
02%
'40
91
42
91%
87% 87%
*53
*7
8
Alinneapolis & St. Louis
•15
20
Do
pref
14>3 14%
14% 14%
Missouri Kansas & Texas
8258
82
Missouri Pacitio
821a 82%
•11
12
MobileA Ohio
•33
81
1^ ash V. Chat tauoogat& St. Louis
84
New York Central tfe Hudson. 108 108 108 108
174 17% 17% 1738
Hew York Chic. & St. Louis. .
71
71
Do
1st pref. *71i-3 73
Do
2d
*3()l2
pref..
New York Lake Erie & West'n 28 14
Do
pref.
Uew Y'ork & New England
"i-3'ii
Hew Y'ork Outario & 'West
no
Kew York Susq. & Western.
9h
.
Do
«forfolk& Western
prof
tforthem PaciBo
25 '8
Do
&
17
912
25
'''rt
563i
&
Philadelphia
()4>2
43^8
37% 37%
28% 28%
63
63%
43% 41%
16% 16%
9%
Keadiug
Do Voting Trustee Cert.
Blohniond & West P' tXerminal
26
57
Do
pref.
•91
Bome Watertown &Ogdcnsb'g
32 33 •32
& San Francisco
Do
pref.
71% 72% 7-.i%
Do
1st pref. 113% 114% 113
«t Paul & Duluth
'63
()2
61
Do
101 102% 101
pref
at Paul Minneap.& Manitoba. 105% 103% 106
Texas & Pacitlc
25% 23% 24'78
Texas & Pacitlc Land Trust..
•24
"60'% "e'i"
Onion Pacitlc
60%
Bt. Louis
Wabash St. L.
.^ Do
&Paclrte.
prof
*14%
•Colorado Coal
&
•30%
27%
58%
& Lake Erie, prof..
iniscellaneous Stocks.
Wheeling
Iron
Consolidated Gas Co
Delaware & Hudson Canal
'
Oregon ImprovementCo
I>o
pref.
_
Oregon Railway & Nav. Co
PaciticMail
Philadelphia Co., Nat. Gas
Pullmau Palace Car Co
"
'18% 21
•50
Chicago & Alio
Chicago & East. Iliiuols....;"
-^
152
71
71
37
37%
28%
2758
'62
•63
70
70% 71%
37
37%
2758 28%
62% 02%
42% 43%
64
*90
32
•32
113
'113
-02
114
62% 62%
100
50%
71
•70
•37
27
71
37% 37%
27% 28
42
10
9%
33
"18
49''8
25
•24
25
•24
114
61
113
60
60
11
2658
14
14% 14%
26% 26%
5S'S8 59%
27%
58% 59%
36% 37
-89
•31
•71
111
00
113
59% 60%
14% 15%
26% 27%
6058
92
80
80
5%
91.)
Me.\ican Central....
1)% 15 % is-'-S
N. Y. New Haven & Hart.'.'"' '230 235
'230
Ohio Southern.
•13
Oregon Short Line..'!!'
30%
30%
31%
Quicksilver Mining Co
•10%
Do.
pref.....!.
'38
St r>ouis Alt. it Terre Haute
•43
St. Louis Ark. & Texas..
..
IS
•11
12
Southern Pacific Co. ...
""'
26
26
Cpluiubus & Hocking Cool
23% 23% 24
Outario Silver Mining..
33
•31
3S
Tennessee Coal & Iron ...
28%
yarlona Stocks, Ac. (Oni tsted.) 28% 28%
Aiuer. Cotton Oil Tnut ..
37% 37% 36%
ripe Line Certlllcate.8 ;
86% 8734
.
.
9%
11
33
11
40%
47
12
24
31
^90
93
I
80
136
pref
92
>147
81
13
3
x92
•147
Ul
•2%
Aug.
7
40% Jan.
3
12
July 25
5 123% Aug. 8
23 16 Aug. 14
Ki 37% May 1
22 17%.-i^ug. 9
2 SO^Jg Aug. 10
2 97% .\ug. 3
2 95 June 25
2 64% Jan.
9
1- 4134 Aug. 10
12 98 Apr. 27
31,570
29Ja Mar. 22
413
14
5,032
11,700
26
18%
•90
151
24%
66%
103
93
109% 109%
77
'136
77
141
-10.')
110
I
76% 77
140
I
110
10934
'70
73
lit
24
21
*23
*31
135
41
Jan. 11
23
69
Aug. 11
7434 July 23
Fob. 13
oOl)
21
1,125
63
Mar. 27
Apr. 2
94% July 25
36% Jan. 5
73% Jau. 30
38''eFeb. 17
80%
.Aug.
13
3 119 Aug. 13
9 69''8 Aug. 2
2107%
Aug.
May
May
8
2
84%.\pr.
2
97
23%
Apr.
21
3334
75
July
9 100% Feb. 15
70%
s
Apr.
3 169%.^ng.
Aug.
84
2j
Apr. 12 150
Mar. 22 110%
Jau. 4 77%
Jau. 19 113
1
9
9
Aug.
1
Apr. 26
July 30
June 23
I
I
"13%
33
11
33
49
37%
36% 37%
84%
37% 37% 37% 37%
82% 84%' 83% 85'^8
...
23% 29%
exdividend.
10% Aug.
1
15%
367a
'31
11
Aug. 11
Jan. 12! 81
July 17 ld% July 31
1
11% July
July 20 12% July
Aug 15 140% Feb.
Mar. 19 43% Jan.
89% Mar. 2 94% Jan.
4% Jan.
100
2 June 5
300
4% June 5 6% Fob.
350
8% X\n: 16 12 .May
400 13% .•Mar. 5 10%.\pr.
20 213 Jan. 4, 231 AU'g.
300 10 Mar. 22 1334 Aug.
1.41)0 13% Mar. 26 33
--\.ug
Mar. 19 13% Jau.
9
100 33 Mar. 31 41 July
Mar. 27 47 Aug.
35
""bO 10% July 6 lO'^aJau.
500 19 June 4 27% Aug.
Mar. 22 30 Jau.
400] 17
18 27 Jan. 11 33 Aug.
5,022 24% Apr. 2 32% Jan.
20O;
11
37%
is
Jan. 31
300 10
20 131
40
5%l
28% 2d
price
58
25
,Tan.
3,500
3%
28''a
Liwcr
27%
51% Aug. 11
26% May 3
873 70
92%
28
1
5a
•19% Aug.
19 Apr.
137
183 106
330 67
6 128
13%
11% 11%
12%
28%
86-'^3
85
82-'^ 85%
82
Iheee are the price, bid and asked; no sale was made
at the Board.
Apr. 30
July 31
July 24
Aug. 7
1
55
70,3j3|
•23% 25%
29%
19%
5
82%
100,
13
33
29
33
9
15
I
I
23% 23%
Aug. 15
26% May 7
2.43^135% Apr.
179-34
12%' -11% 13
12 '34 '1 1%
12
134 137
134 134
132 134
131
'40% 41% •40
-40
41
*40
11
92% 92% •92
92% 92
92
92
'2%
'2%
3
3
3
3% '2%
5
•4% 5% •4% 5% •1%
5
10
10
'10
10
10
•10
11
•15
15% '15% 15% 15
'13
15
230 230 '230 235
•230 235
'230
13% 13% -13
•13
14
14
13%
32% 32% 31% 31% •30
'23%
32
*9% 10% •9% 10%
'3% 11
'8%
•38
'39
40
40% '37
40
38
•43
*43
47
•43
49
*43
49
•11
11% •11
11%
•20
•20
27
27
25
26
*31
34
Apr.
Apr.
Apr.
17%
15%
51%
•3,9431
S.3
109
1*136
80%
13% 13% 13% 13% 13% 13%
'10% 11% '11% 11% •11
11%
•12
80
24
31
Apr. 3
4234 Mar. 31
17% Mar. 27
1.797,
36%
151
Mar. 28
Apr. 2
1,400 30% Apr.
7,500 68% Mar.
7,631 103 Jan.
780 45 Mar.
101% July
79%
IWe
81
June 13
100 105% Apr. 3 116'?aJnly 19
Mar. 29 61% Aug. 4
Mar. 29 105 Jan. 28
950 <)4 Apr. 2 114% Jan. 23
'8
18,190 18 June 6 26 Aug. 8
22 July 7 25% Aug. 3
56!6'2'6 43
Apr. 2 61% AUg. 10
2,270 12 JIar. 27 16 Jan. 3
9,050 21
Mar. 21 30 May 1
10,700 44% Jan. 3 60% Aug. 7
105%
119% 119% '117
27
16
9
10
30
532' 43
500: 89
101
167
82
106''8
73
Jan.
3734 Aug.
29% Jan.
65% Jan.
46 Apr.
18% Jan.
10 Aug.
9
13
19''8
93
72
113
July 30
85
108% Aug. 8
17% Jan. 27
15% Mar.
41% Mar.
3.430
2.870
17,910
2,300
20.290
1,930
62,993
74,630
20,403
2,710
31%
9 'a Apr. 30
18% Apr. 30
18% Jan. 5
89% Jan. 3
13% Jan. 27
Mai-. 31
7%
150
50
88%.\ug. 9
80 Jau. 10
5
101% Jan.
6
42%
10%
I
81
92% 92
89
20
23
9%
33%
July 23
24
Apr. 2
1Z34 Mar. 31
22% Mar.
500 52% June
Jan. 6
Jan. 28
11
22
102%
200 Ol%Julv
23
55
71% July 24
26% July 24
2
1,230
29.450
36% 37%
10S% 168% 108%' 167% 107%
81-8 82%
82^8
82
82%
136
'02'% "ai'i
2
21
22
22
27%
59%
11% 11%
26% 27%
57% 53%
58-8
58
72
38
•24
59
23
107
81
pref
27''8Jan.
1,453
1,550
26%
21%
67% 03%
50%
49%
24
24%
72% 72%
93
•24
23
60%
114
& Baltimore.
600
1,3(10
4, .530
25 'a
21
32
59''8
81
11
1238 12
'131
137
•4034 41
390
2,330
34
25% 25%
56
56%
100% 101 101
101
106% 105% 103% 106 106
105% 105% 105
25-->8
24% 23% 21% 25% 24% 21% 24
nso
i'3'l" i's'f
100
200
1,260
10% 16%
49% 49%
9379 95%
17
8%
7a
15% 15%
32%
31% 31%
72% 72% •71% 72%
72% 72%
152
110
77
141
13%
11%
70%
'118% 119%
1534
July
Mar.
Mar.
55 Mar.
17% Apr.
Mar.
aI
21% July
7%.Mar.
114 Mar.
9% Mar.
15
44
100
797
300
•10% 11
11
120
*90
•91
•31
93
32
101
152
51
10
•85
89
•'8
100
82% 83%
1034 .Tan. 10
3
7,980
'24% 25%
42% 4358
42% 43%
•16% 16%
16% 16% •16% 17
9% 9%
9% 10
9% 9^8
32% 3338 3258 31
33% 33 'a
'18
19
18% 18% 18% 18 34
49
50
50% 49% 50% 50
2358 26
23% 2358 23% 25%
56% 57% 57
57% 50''8 57
22% 23% 22 '8 23%
25% 26% 26% 26% 26
26%
225g 22''8
2258 2258
22
22
67% 68% 67% 08% 6S% 68%
50
51
49 'a 51
50% 51%
24% 21% 24% 25% 24% 25%
72% 73
72^8 73-'8
73
74
•90
147
53%
107% 107% 107% 107% 100% 107
106% 100-34
17
17% 17% 17% 17% 17% 1634 17
108% 108% 109% 109% 109
*76
77% 70
77% 77
"
Manhattan Beach Co
63%
7% Apr.
Highest
12% Mar.
40% Apr.
90
33,2
85% Apr.
94% •93% 95
310 87% Apr.
5858 59^6
53% 59% 58% 59
58% 58% 18,003 50% Apr.
'40
'39
•39
•39
42
42
43
41%
30 Apr.
9134 92
91% 92
92
92
90
90% 2,130 7734 Juno
83% 87
80% 86% 85
80% 87
86
3,158 72 Apr. 2
55
55
"bo
58
58
100 48% Juno 18
•90
90
91
'•'g'o"
200 83 Mar. 27
•0% 7%
*o% 8
7
7
350
3'78 Mar. 23
6% 634
•15
•14
•14
17
15
16
15
15
170
934 July
14% 14% 13% 11% 13% 14
13% 13% 5,035 10 June 1
80% 82
80% 81=8 80% 81% 78% 80% 30,284 6734 June 12
-10
11
11% 11% 11% •10% 12
11%
300
0%Mar. 29
82% 82%
83
83
83
83
600 71 Apr. 2
103
9i
1st pref. reorg. cert
I'd pref. reorg. cert.
,Do
114
61%
11% '14% 14%
27% 27% 27%
59
58% 51)38
37% 37
37%
7734
78% 80%
82% 83%
Inactive Stocks.
American Tel. ACaldeCo
Chesapeake A; O.. reorg. cert.
_,
93
33%
72%
51
10
10%
36% 36%
77%
79
80
79=8 79 '8| 79
79% 73%
117% 117" 118 119
11738 118
117% 118%' 118 118% 117
*68
69
68
68% 67% 67% '00
67%' 07
67% 66
107% 109
100 10b
106 109 1*105 103 '101
.14
93''8 93
95
94
9 4%
93% 93% 93
93
92%
37% 37% 37
37% 36% 37% 30% 37%i *36% 37%' 3i%
"90
•88
•140
American
Olnclnnati Wash.
26
167% 107% 167% 109
Western Union Tclegrapli
Do
Do
••58
725
900
9%
57
•18% 21
52
10
•'s
1
Express Stocks.
Adams
tinited States
Wells, Fargo & Co
9
57ie
57%
23% 23% •23% 21
2313 25%
3534 26%
22
22% 22
22-'s
07% GS»
68% 68^8
^Ol•J 51%
51
51%
23% 24% 24
24%
7II4 71%
72% 72%
prof
Mississippi
Oiregon & Trans-Continental.
Peoria Decatur & Evansvilie.
-Ohio
2858
32% 33
32% 33%
•18 "2 19% •18% 19
5018 5012
50% 50%
pref.
Do
33
28
137% 138%
*10
10
10
10
1018 1014
fiast Tennessee Va. & Ga. R'y
'63
•08%
•70
70
71
70
70
1st pref.
Do
24'8
2478
25
25
25% 23% 24%
2d pref.
•24-'U 20
Do
'85
'83
•85
89
89
89
•87
89
8rf
Evansvilie & Terre Haute
'21%
24
27
'21
25
24
25
Fort Worth & Denver City
11
11
11
10%
11% 11% 11
Green Bay Winona & St. Paul.
120% 120% •119
XII934 19% 119% 119^ '119 120
Dlinois Central
1534
15-8
10
16
15
16
16
ll^a 1J.'8
Ind. Bloom. & West
•33
34% 33
33% 32%
34% '33
Kingston & Pembroke
•17
17
17% 17
17
16% 1634 17
I714
liake Erie & Western
49% 50% 4958
30% 49% 50
50% 5038 50
pref
Do
9558 90%
9338 96%
93%
lake Shore & Mich. Southern. •JO'S 97% 96=8 97
•94
•93%
*91
95
94
94
05
93
95
Ix>ng Island
10%
69%
Lowest.
1888.
1-.'
107% 107%
•11% 13%
•33% 36
40
40%
107% 108%
28
Shares.
1,
55% June 11 62% Jan.
45% .\pr. 2 56% Jan. 9
87% 18,09(! 73% Apr. 2 88'^a Aug. 10
935 26% Mar. 26 37% July 30
35
110%
8,222 109% June 12 130% Jan. 27
71% 113,675 61 June 12 78 Feb. 24
110 110%
2,920 98% June
117 Apr. 27
110% 112% 34,380 102% Apr. 2 115 Aug. 10
329 138 Apr. 3 145% Feb. 1
143% 145
106% 107
2,172 100% July 5 114% Jan. 27
•12
13%
11% July 23 14% Jan. 10
•33
100 29% Mar. 31 3834 Jan. 6
35%
39
40
6,263 32% Apr. 2 42 Apr. 30
107 107%
1,183 100 June 13 110% May 1
55
55% 1,308 42% Apr. 2 59 Aug. 8
27% 27-'8 6,180 17 Mar. 21 28% Aug. 13
137% 133% 71,900 123% Apr. 3 l38%Aug. 13
'143% 145
'18% 21
•50
52
•18% 21
•10
6934
•9%
IsSS.
1,
Week,
Friday,
Aug. 17
9%
JAN.
Range Since Jan.
Sales
of the
Thursday,
Aug. 16.
57% 57% •57% 58
56%
54% 5434 53-'% 54% 52^8
87
87% 88% 87
885f.
35
33% 35% 35% 35
111% 112% 110% 111% 110
71^8 72 5e
71% 72% 70
54%
54
87
•50% 51% •50
prot.
9%
-57% 58% •57% 58%
58
27
27
Delaware Lackawanna & West 137^8 137-8
"18% 21
Denver ifcEioG.,as3essm'tpd.
ClevelaTid Col.Cln.& Indiauap.
Columlras Hocking Val. &T0I.
Wednesday,
Aug. 13.
XL\1I.
[Vol.
7.633
ic\)Sj->oo<
I
25
Mar. 21
71% June
.^7
1
40
100
21
25
10
30
20
9
21
10
23
8
14
13
12
17
10
16
1
9
1
30
July 2i
Jl2L_6
Prices from bcth Exchanges.
AoacBT
THE CHRONICLE.
18, 1888.J
BONOS-LATEST PRICES OF ACTIVE BONDS AT
Auff.lOi Avi/.n
LmettL
STOCK EXCHANGE, AND BANOE SINCE JAN.
N. Y.
Sangtilnet Jan.
Clottng.
RaUrwut Bond$,
191
CloHng.
1.
18S«l,
JUtnftnne* Jan,
1,
SaUroad Bond$,
HigKttU
I
I,
Limut.
Auff.lO Aucf.lT
Bit hut.
I
A Pao.-W. D. Inc.. 6b, 1910 «5M
Boar., 48. 1937..
i--VAna 81<>a
0»n. Bouth.— l»t guar., »«. 1908 107
Atl.
Mort. 6k. 1911
••
— 110
109
108
* 8o. W.— 5-68, 1911 ...
Clilc.Bur. & Nor.-lRt,58. 1926.
Ches. O.
CJhIo. Burl.
AQ.-Cou.
7b.
J)cbuitiiro5s,1913
1903. 13mib. i3i"b.
106 b lot) 'a
b. 113
b.
107 b.
llil.*Pac.\V.Ulv— 58,'21jl07
101
b.
Kijisa.
Wla. AMlu. niT.-68.1921....
102>«a.:l02i.2a.
Terminal 58, 1914
Ist.Ho. MUi.Ulv.-68.1910....!ll2
107
104
03
l«t.
1.12'4
A N. >V.—Couaol. 78, 1915
130iab.|i30%
Gold, 7k, 1902
BlDklnK fand68. 1929
110 b. llOkb.
Blnkiiig fund 5b. 1929
Sinking fund delient. 68. 1933 lllis
105 b. 106 J«b'.
25} (<Kr (lelifiit. 58. 1909
Exlfuaiou 4k. H»"J6
ChJ.R. I. APa<-.— 6s.ooup. 1917. 130 b. 131 "bj
106
6s.
1934
Col. Coal A Iron— l8t. 6k, 1900.. llOJVib.
Tol.— Con. 5e, '31| 8214
001. H. Val.
Gen. gold, 6a, 1904
Denver* KioGr.— l8t,7e, 1900 121 b
A
ABseiited
Den. 80. Pk.
Ellz.
A
&
71
60
'2
34
83
76
Jan.
M«r.
Aug.
Erie- l8t. consol. gold. 78, 1920 137 b.
1112 b.
Long Dock. 78, 1893
1120
Con. 68,1935
H.Y.L.E.A\V-2dcon.68.1969 99
Ft. W. ADeuv.C.-l8t,6s,192l! SB's
Gal.Har.ASan.Ant.— iBt, 6b,'10 104 b.
2dM..78, 1905
Aug.
Aug.
Aug.
a.
12v;i4
I
i
May
May
65 b.
112 b.
87 b.
tr. reo
2d, 5-68. 1909. tr. reo
07 k
E«8t. Dlv.— Ok. 1921 tr. reo.. 88 b.
Income. 68, 1921. tr.rec
21
:at. A Gt.Nor.— l8t. 68,gold,'19 108 a. 106 isb.
Coupon, 68. 1909
68 b.
Kent. Centr.— (iokl 4s. 1987....
70>sb.
Knoxv. A O.— Ist, 68. gold, 1925
L. Erie A \V.— 1st g.. .58, 1937 ..
b. 106 a.
I*ke8h.—Con. coup.. l8t,78.1900i 126 b.i 126 "lb.
Con. coup.. 2d. 78. 1903
Hid b. 12458b.
Longlsland— Ist. 78. 1898
il2i b.jl2l b
iBt. consol., 5s. 1931
|ll4 b.
May.
I
93 Aug.
72 Aug.
92 Aug.
23i«Aug.
.
IIII9 Jan.
77 Jan.
75 Jan.
I
:
June
May.
12«i2 June
I2614 May.
1221a June
115 June
100
110
1
1
Lon. A Nash.— Consol. .78. 1898, 119ial).ill9'tb.
K. O. A Mobile— 1st, 68, 1930. 114 b. 115"3
123
99'flb.| 09'sb.
:115 b 1115 b.
11234b. 11 2''sb.
IllO b.'llOia
\
C—
Feb.
II51.J
Aug.
100
May
1161a Juiy
115
May
110% May
101 b. 101 b.
99'«b.
Lon. N. A. A CU.-lst. 68, 1910.1114
112isb.
Oonaol..gold. (is. 1916
96 b. 96 b.
Mem. A Cli'iston— es.gold, 1924 103 !li 104 b.
Metro. Klevated.— Ist, 68, 1908 |114 b. 114%
2d,68, 1899
lOska.
1104
Fea.
{10238 Apr.
Ills
June
I
97
Aug.
lO.^ia
Juue
!
I
May
Juiy
1131
July
llOia Jan.
113i« Jan.
118 Feb.
Mich. Central— iBt. con., 7b, 02!li9 b.
Consol. 58, 1902
110
i'liJaa.
MlBS'riPac— l8t. cons.. 68,1920 112
113
8d,7B, 1906
120
120 a.
Pac. of Mo.— Ist. 6s. 1888."!'
2d mort.. 7s. IHm
1054b.ll06 b.
I
'
1
'1031a Jan.
105
NoTB—Tbe letter" b" indicates prloefrtd, and "a"
I
I
t
117
108
:
1
97''e Feb.
Ind.Bl. AW.—
lBt.5-68. 1909.
i
!
IIOI2 June
12218 July
1221a July
114 Feb.
1081a Jan.
70 July
1121a Jan.
113
i
;
July
92=9 Aug.
42% Ju.y
6s. 1921. tr. roc...
l8t.prer..78, 1900
10-40,68.1924
50-year 5s, 1937
I
106
2d. consol. M. L. 88.1912
General. 68, 1930
Trust Bonds, 68. 1922
—
May
Mny
A|.r.
1061*
ISt.Weet.D., 78.1891
2d,68.1930
May
I'iO
i
E.H.AN.— l8t,6s. 1919
Aug.
June
113
Sbia
Gr'nB.W.ASt.P.— 2dlno.88,191ll 40
Galf CoI.&San.Fe— lBt.78, 1909118 b.
«6i4b.
Gold. 68. 1923
HenderBOuBr.Co.— lst.6B. 1931 llo^sb.
H. A Tei. (;.— l8t M. L. 78
\22^\)
l8t.WacoAN.7e.l903
'
go^gJi,!!.
1
Gen. mort.
;
I
81 Aiir.
43 Jan.
10314 July
104 Jan.
1371a Feb.
Uay
Kv.— ('()1)..5k, '50 1U2''8
Lex.AB. Bandy— 66. 1902.1 100^
«.
1)3
I
841a Auk.
Pac— l8t, 78. '05
West. Division— iBt. 68. 1931.;
Jnuc
82% Aug.
Det.BIao.AM.— Ld.gr.3>«R.1911
E.Ten.V.
May
I2II4 Mar,
791a Jhu.
70»ab
l«tcon.4», 1936
Den. & R.Or.W.-l8t, 68.1911.
Aug.
T13
106
|l<;9
I
I
1231s Miiy
lOOia Jiiu.
131 July
_
90
I133eb. 108 14 Jan.
i
106»fl Apr.
Oti.8t.P.,M.& O.— <;on8(il.68.'30 121 a. 121 b.,
Oh.et.L.A Pitts.— lst.oon.58.'32l «7%B. 97%a.
0. C. C. .t Ind.— Consol. 7s. 1914 131 b. 131
'
96
b.
-
nils Aug.
98
134
108
97
I
I4414 July
132>a May
121 Feb.
Ill Feb.
Oblc.
118
Mar. 1064 Ju>.
116 Jan.
1041a July 105i«Jan.
'S0'"b. 43
Mar.
•S Aug.
96i4b, 841a Jan.
99 July
129 b. 128% Jan. 132 June
106 b. 103 May. 10614 Mar.
134 isb. 132% Jan. 113634 June
limb. 1031a Apr. !ll2 July
132 b. 1271a May 133 Jan.
N.Y.Airar.— Ist, 7k, 1900
92:<8
8614 Jan.
93 July
H.Y.Cblo.ASt.L.- iBt. 4s. 1937.. 9i%
116
114 Mar. IllHis Juno
N.Y. Elevated— Ist, 78, 1906.... 115
N. Y. Lack. A W.— lat, fia. 1921. 131 '4b, '13114b. 127 Jan. 1133 June.
109 b. Ill b. 107''8 Jan. 112 July
Oonstruetton, 5s. 1923
107 b. 107 b. 102% Jan. 108 May
N. Y. A Nor.-lat, 58. 1927
July
N. Y. Ont. A W.— Ist. 6s. 1914.. 114 b. 114 b. 1109 Jan. 1115
94iab. 90 Mar.
N.Y.Sus.AW.— lstref.,58, 1037. 94 'h
95 Ant
Midland of N. J.— Ist. 6s. 1910 113 I). 114 b. ;109 Apr. 114»8July
N. O. PaclHo— l8t. OS. 1920
75 Mar. 83% Apr.
Norfolk A West. Gen.. 6a, 1931 120J4b. 120 b. {1121a Jan. 12014 Jnly
n6%b. ,115iaJan. 1 191a June
North. Pacific— Ist.ooun., 68, '21
IIOI3
111
102 Jan. 1 1 1
Gen'l. 2d,ooup.. 1933
Auc
O.iHb. 89
Juno 96 July
G.nl :!il, coup. 68, 1937
104 la a. 99% Jan. [10513 June
N. Pac.Ter.Co.— iRt. 68, 1933. ..
116 b. ill4iaJan. 119 June
Ohio A MI.18.—Consol.. 7e, 1898.
11814b. I1I6
Apr. !li9 July
2d. consol. .78, 1911
OhloBoutbem— Ist.es. 1921. .. 103 b. 103 h. 9913 Jan. ICek May
4OI4
39
20 Mar. 41.-'» Autr.
2d.luo..68, 1921
70 Mar. 76 Jan.
Omaha & St. L.-lat. 48. 1937.. 7314a. 73
Oregon luipr. Co.— 1st. 6e. 1910 103%l) lOdiab. 9414 Jan. 105 .May
113 May
,10.5% F»b
Ore. K.ANav.Co.— iBt, 68.1909 lOO'ab.
9'ii4 Jan
104 May
Consol.. 5s, 1925
99 %b. 93 Jan 100 Aug;
Oregon A Tranacon.— 68, 1922.. 100
68.
100
b.
112 June
Uoo
Jiiu.
Peo. Dec.A Evans.— Ist,
'20.
104 b. 103 Mar. 107 May
Evansv. Div Ist. 68. 1920... !101
73
a.
75% Apr.
72
Jlay
2d mort.. 58, 1927
b.
09
(.2
60
Aug.
Rich A AH.— Ist. 78. 1020. tr. reo
61 Apr.
'114
b.
no
June
Richm. A Dan.— Cons.. 68. 1915
11414b. 109
Jan.
Rooh. A Pitts.— Ist. 6b, 1921.. 115 b. 115 b. 116 Mar. 1!8 Feb.
115 b. 116 b. 113 Jan. 11714 May
Consol., 68, 1922
BomeW. A Ogd.— Ist, 78. 1891 Il0^%b. 103%b. 107 Jan. llt%May
Consol.. extend.. 58, 1922
(107 lab. 107 14
U0»8 Apr. 108 14 June
104 lab. 98 Jan. 105 Aug.
8t Jo. AGd.Tsl.— Ist. 68, 1925 105
45
b.
46 Aug.
44 b. 40 Ma
2d, income. 68. 1925
Julv 114% May
St.L. Alt.AT.R.— 1st. 78, 1894 1 1313b. 11314b. 112
1107
b.
108 b 108
Feb. II014 Jan.
2d. M.,pref..78, 1894
Apr.
2d.. M..lnc.. 78. 1894
il02 b. lUSHb. 103 Jan. 105
42^8
35 Apr. 4238 Aug.Dividend bds, 68. 1894
go"""' 98 Jan. ;i04i4 Feb.
St. L. Ark. A Tex.- Ist, 68. 1936 99
38%
39 a. 36'8 June 4913 Jan.
2d, 68, 1936
107 lab. IOOI3 Mar. IIII3 Jan.
8t. L. A Ir. Mt.— Ist, 78. 1892... 108
105 June 112 Jan.
11114a.
2d uiort.. 78. 1897
Cairo A Fulton-lat. 78, 1891 104%a, 104ieb.i 102% July 10513 Jan.
92 13 Jan.
80 Apr.
Geu. Ry. A land gr., Ss. 1931. 86%
87
II3I4 Jan. 119 Jnly
8t. L. A San Fr.- 6s., CI. A.1906
11913
11538 Jan.
June
6s. Class B. 1906
119 a.
114 Jan. 119-% July
68. Class C. 1906
lloisa. 115138. llSiaJan. 118
June
Gen'l mort., 68, 1931
101 14 102 a. 10038 Jan. '1051s Juue
Gen'l mort., 5s. 1931
100 Jan. lo2% June
80. Pac. Mo.— l8t. 68. 1888...
120 *. 112 Jan. 117 June
St. Paul M. A M.— iBt, 7b, 1900
12013b.
Apr. .12014 July
2d, 6s, 1909
1116
117 "a a.
114 Mar. .120 June
lat cons., 68. 1933
Do
reduced to 4is8.. Ooigb. 96iab, 9014 Apr.
981a June
Montana Ext. Ist. 4s. 1937... 8714 a. 8714b. 80 Mar. 871a JiUy
95
Apr.
Shenandoah Val.— let, 78. 1909. 93
94 b. liO Jan.
36I4 Jan.
34 b.
Gen'l uiort.. 68. 1921
29 Ai>r.
103 b. 104
97 Jau. loeiaAug.
So. Ciiroliua— l8t. 68, 1620
69 Jan.
87 May
2d. 68, 1931
82
16
13 Apr.
18% Jan.
Inc., 6a. 1931
IIII4 Apr. 1116
Mar.
80. Pac.Cal.— lat. 68, 1905-12.. 11.) b. 115%
80. Pac. N. M.— 1st, 68, 1911. .. 106 b. 106 b. 10514 Jan. 1081a Mar.
bliaJan.
41 Apr.
Tex. A Pac— Inc. A Id gr. 78, '15
95 13 JVug.
8514
New Ist. gold, 58, 20u0
92 May
94%
3814 June 45 Aug..
New 2d, gold. iuc. 5k. 20C0.. 4478
4338
May
Tol. A. A. A N. M.— 1st. 68. 1 924. 101 a. 101 a. 85
Jan. 104
101 Jau. 10713 May
Tol. A. A. AGr.Tr.— 1st. 68, 1921 lOOia
June
Jan. 101
Tol. A Ohio Cent.— Ist, Ss. 1935 99 b. 99 lab. 03
Tol.St.L.A Kan.
l8t,ya, 1916 02iab. 92 lab. 91
Juue 94 Feb.
114 Jan. II713 Juia
Union Paclflc-lst, 68, 1899.... 115%b.
lAud grant. 78.1887-9
102 b. 102 lab. IOOI3 Apr. IO418 Mar.
Sinking fund, 88,1893
120 b. liO b. 1131a Apr. 12113 May
Kan. Paoiflc— lst.68, 1895.... 110 b.
1091a Feb. 11121a Jan.
110 b.
iBt, 68, 1896
109% Feb. !ll2 May
Denver Div.— 68. 1899
114 b.
112% May 116 Apr.
Ist oouaol, 68, 1919
109
109 b. 101% Jan. 11014 .May
Oregon 8h. Line -lat, 68, '22.. IO6S9 107
100 Feb. 10913 Juiy
(j3% July
Virginia Mid.— Gen. ni.,5e. 1936 83 %a. 82 b. 73
Jan.
Wab. St.L. A Pac- Gen.. 68, '20 50 a. 35 b. 37 Apr. 47 Jan.
Cbicago Divison— 5a. 1910
98% Feb.
90 b. 93 Jan.
90 Jan.
Wabash— Mortgage. 7s. 1909..
84 Feb.
Aug.
Tol. A Wab.— let. ext,. 78, '90 112
Apr. ll'i
l"l"2'"b. 107
l8t, St. L.Div.. 78.1889
109 lab. 110 b. 107 14 Apr. Ill JiUy
Feb.
91
2d. extended, 7s. 1893
88 b. 80 b. 85 Apr.
90 Jan.
Con., couv.. 78, 1907
S3 Jau.
Great West.- 1st. 7a, 1888
110 b in b. lOoia Apr. inii4Aug.
2d. 78. 1893
90 Jan.
88 b. 89 b. 85 Mar.
West Shore— Guar.. 48
99"6 Jan. lU49g June
10 I4 103
Wheel. A I-ake E.— 1st. 5s. 1926 10014a 11.014a. 941a Jan. 100 la May
107>a Feb.
95 Jan,
117% Aug.
100>« May
119 Apr.
128 Miiy
114 Feb.
U4
Gen.
Mar.
Feb.
Kcb.
Feb.
Feb.
61<ab.
Mobile A Ohio— New. 08, 1927 ..
l8t. Extension. 6s. 1927
iBtpref. debentures. 7s
Mutual Cn. Tele.— 8. f.. 6a. 1911 97 19
Nash. Ch. A St. L.— Ist. 78, 1918 129 1).
N.Y. Central— Kxtend., 58, 1898
N.Y.C. AH.-lst, on., 78. 1908
11113b.
Debenture. Sa, 11)04
110 Auir.
llO^aJuly
103 Jan.
134 June
b.
a.
\........^
DlvlK., 48,1922
Chlo. .fe Kiist. IIl.-Coii. 6k. 1934,117 bjlKI^Ub.
Chic. <fc Ind. coal K.. lst..'J8.'36 100 b. lOO
b.;il4iflb.
Cli.Mll.A»t.P-l8t.I.&M.7B,'97
Consol.78. 1905
ij^i^'' 124H!l>.
Exten.&tol.58. 1934
104'>e
114 "4
7018
701a
28
67%
Consul.. 5h. 1920
Consul., 78. 1904-.V6
116>4 July
103% Jan.
Denver
\'~0n%
Inij). A Kqulp.— 68, 1922
Mo. K.ATex.— Con.. 6a, 1920...
120 June
123 Hi Apr.
100 >a Juno
106% June
116 Aug.
100 June
116>a June
23%
24>sa.
Aug.
il08>« Jan.
.^!
-
96
,
June 121% Apr.
I13ie Mar Ill7>^j»n.
10614 Jan. IIU
Mar.
104% Jan. ;108>aFalK
91 June 110 Jan;
52'«b. 60 '9 May
89 Feb.
73I4 Jan.
651a
571a jnne
61
501a Mar.
6314JUK.
Mil. Lk.Sh.
W>i\ June
95^b, 9Si)|b.
Sa,,'.", 1918
j-VSKA"
>4
104 "si".
OBDtrulof N. J.— lBt,7»,1890.. 104
118>^b
118 I).
CoiiKol.7«, 1899
122 ii.'Vii b.i
OouvDrt. 7», 1902
Oonveit. <1<^1). 6k, 1908..
103
105
Geiipral iiiorl.. ^8, 1987.. ....
n.78, 1909,a«'nt 116 b. 116 b.
Len. & W.B
n. lOG^
.. 107
l?2l.
5b.
Imp.,
Dock
.^
Am.
Oentral PacitUi— Kolil 68. 1898.. Il4''al>. 114-«b.
115^b. llSi^b.
Ban Joaciulii Br. 68.1900
I02i>sb.
l*iul (.THIlt «8. 1890
i'oi\b. 10l>sb.
Mort. 6k. 11136
vv.Xo
b.
Ill
115 a.
O.— Pur. m. fund 68, 98
Clies.
6b. goUl, Btr. B.1908, coup. oB
KxU'ii. cour.. 48, 1986
6«, currency. 1918
119 b.
A W.-lBt.88. 1921. 119
Ashland Dlv.— l8t.6K,1925. .
Mllw. A Nor.-M. I,., 68. 1910.. 108 lib. 108 h.
107 li. 100 >ab.
KxtenHlon. l8t, 6r, 1013
Minn. A Ht. L.— 1st, 7b. 1927.... 90 b.
27«« Jan.
84
May
81
107
May
prioe atktd; all other prices
and cue range a:-e(rom actual salee.
STATE BONDS.
SECURITIES.
A'abama
Class
Class B, 58
Class C. 4a,
68, 10-20
A
Bid.
.1906 104
.1906 107
.1906
.1900 i"02'"
Arkansas— 6s. funded. .1899 -1900
7
78, Little Rock A Fort Sniit h.iss.
8
Memphis A
3 to 5
Little
Bid.
due 18 89 or 1890
Asylum er University due 1892
102"
Funding
1894-1895
New York—6e. loan
1892
MiBSouri—68
101
104
107
108
6s. loan
18931 109
North Carolina— 68, old.
JAJ 36
1900 10
New bonds. J. A J
20
1892-X898
A«k.
104
.
"li"'
Rock iss..
8
"'12"
Arkansas Cential RR..
5
Oeorgia— 7s, gold
.1890 103 ll6
Lonlsiana- 7a. cons
1914 106
88I4
Btamped, 48
Mlohlirai— 7b
.1890 105
78,
78,
SECURITIES
Ask.
10414
.
Chatham
RR
Consolidate 48
.
1
6s
7
10
96
1910 94
1919 123 la 12513'
SECURITIES.
1
Bid. |A<]I.
,
Rhode Island- 68. oou..l893 -1894 108
31*
3
South Carolina—6k. non-fund 1888
107
105
1893
Blown consolidated 6s
Tennessee— 68. old
1892 1898 62>f 64
.1912
71'al 72i«
Compromise, 3-4-5-68
.1913! 1031a 105
98'#
90%
.1913
58
70
70%
.1913
38
48
Virginia— 6b, old
70
50 ...•*•
6b, (.ouBolldated, 2d series
9i»
68, deferred. truMf rec
9
MJ
J
.
P
4
..
THE CHRONICLE.
192
;
[Vjl. xl\ii.
GENERAL QUOTATIONS OP STOCKS AND BONDS.
m\y l>e other qiiotalloaa are frequently maie per shire
Quotations In New York represent tUe per cent value, wUatever tUe par'•^,"
for gold; "g'd," for gaaraateed; " end.." for enlorsea
"M-." for mortgage
ihefollowiuKabbre"^^^^
^''*''*"
for Bluking f'i'i'};
„«:; 'Ti*"**
»r oonsoUdated; "cony.," for oonvertilile "s.f.,"
maU
dates.
late
to
cities,
other
from
Thursday
to
York
are
Qnotations in New
;
'
;
oons.,"
'
;
;
SobscriberswIU confer a favor by giving notice of any error dUcoTered la the»e qaotatlogg.
TJNITED STATES BONDS,
4k8,1891
4'«8, 1891
48, 1907
4r, 1907
6g,
68,
68,
68,
6»,
Currency,
Currency,
Currency,
Currency,
Currency,
STATE
reg..Q—
ooup..
Q—
reg...
.
coup..
reg
reg
reg
reg
reg
Alabama— Class "A," 3 to 5, 1906.
Class "B," 5s, 1906.
Clas8"C," 4s, 1906
6s, 10-20, 1900
127% 128
127% 128
.«—
J&J 120
—
J&J
—
J&J
—J&J
— J&J
SECURITIES.
1895
1896
1897
1898
1899
Baltimore— 6s,
10612 106%
10758 lOT'e
J & J
.J&J
7b, I.. B. &Ft. S.is8ue,1900.A & O
7b, MetEphls & L.K., 1899. A & O
Arkansas— 6s. funded, 1899
7B,Ii.R.P.B.&N.O.,1900.A&O
68,1900
6s,
Ss;
48,
130>s
104
107
L04is
lOOij LOZ
10211
li'
7
8
8
8
5
7b,M1ss.O. & R.Rlv.,1900.A & O
78, Ark. CentralRE.,1900.A & O
1
78, Levee of 1871, 1900.... J & J
OaUfomla— 6s. funded debt of 1873
tlOO
Coimeotlo't-New,rg.,3'38,1904J&J.
*5lOO
Hew. reg. or coup., 3s, 1910 ..
il06
Dakota Ter.- 5s. 10-20s of 1887
4is8, 10-208 of 1S87
§102
Dlst.Col.— Cons.3-65e,1924,op.F&A 118
Cone. 3-658, 1924, reg
Funding 5s, 1899
J&J
Perm. imp. 68, guar., 1891 ..J&J
J&J
Perm. imp. 7s, 1891.,
West. Md. RR.,
1916
1920
22
15
4
-
M&N
Q—J
1902.... J&J
M&N
Q— J
-•--.
5s,
106is
Bridge
•--•
Me.— 6s, railroad aid,'98.. 15105
Boston, Mass.— Water 68,1908 .Var:§133
Var!Sll7ia
Water 5s, gold, 1908
N. Brunswiok,N.J.— 78, water, 1904
,
1917
1917
4s,
3ifl3,
6s,
1924
tis,
Water 48, 1904
Water 31SS, 1905
Water 3s, 1916
Conv.
S115i«
99
1892
1899
83% CookCo. 41S8, 1900
West Chicago 5s, 1890
Lincoln Park 78, 1895
Maine— 38, 1890-1929
A&O 100 103
War debts assumed, 68,'89..A&0 1021s 102% West Park 78, 1890
Maryland- 6s,Hospital,'87-9] J&J 100
South Park 6s, 1899
Q-J 101
Cincinnati, O.-7-30S, 1902
68, 1890
iio'
1897
Massachusette-58,gold,
J&J 104ifl
1891. .A&O U04's 1051s
J&J UOBii 109
88, special
1894
M&8
1897
Michigan- 78, 1890
M&N
Minnesota— Adj. 4ias, 1912, 10-30.
Missouri- 6s. 1888
J&J
Funding bonds, 1894-95 ...J&J
5s, gold,
58, gold,
jll2is llSifl
105
68,
lOOia
107
long bonds, '89-90
J&J 101
ABylumorUnlverBity,1892.J&J 104
New Hampshire— 5s, 1892
J&J §105
War loan,
War loan,
J&J;«l08i«
68, 1892-1894
6s, 1901-1905... .J & JiS127%
Hew Jersey—68, 1897-1902.. .J&J 120
6b. exempt, 1896
J&J 118
Hew York— 68, gold, 1892 ...A&O 107
6s, gold, 1893
A&O 108
Ho.CaroUna— 68, old, 1886*98. J&J 35
68 N. C. RE., 1883-5
1!170
68
do
7 coupons off
.A&O 140
6s, funding act of 1866. 1900. J&J
10
.
Hamilton County 48...
103
106
109
128
130
125
117
120
112
100
112
.
41SS,
115'
103
1900
100
Improvement, 1928...
116
Detroit. Mich.- 7s, 18 92-93-94. F&A
J&J
J&D
3148, 1911
95"
Elizabeth, N. J.— New 48,1912. J&J
68, new bonds, 1892-8
Evansv., Ind.— Water 6s, 1912.J&J
J&J 20
68, Chatham RR
J&J
A&O
58, 1912
68, special tax,clas8 1,1898-9A&0
11
7
4is8, 1912
J&J
48, new, cons., 1910
95
94
J & J
J&J
48, 1912
68,1919
124 126
Fltohburg, Mass.— 6s.'91,W.L.. J&J §10413 106
Penna.— 58, new,reg.,'92-1902.F&A 109%
103
Galveston, Tex.-88,1893-1909.M&S 101
48, reg., 1912
99
F&A 118
J&D 98
5s, 1920
Bhode Isl'd— 68,1893-4, coup. J &J 108
Hartford, Conn.—6S. 1897
J&J §110
B onth Carolina- 6s,Non-fund.,1888
314
31a
10-25 years, 4ifl8, 1890-1905. J&J §100
Brown consols
105 107
Hoboken, N. J.-76, 1892
A&O 108
Tennessee— 68, unfunded
Improvement 68, 1898
J&D §113
621a 641s
Compromise bond8.3-4-5-68, 1912 7Ha
58,1901
do
M&N
Settlement, 6s, 1913.
103 13 105
Houston, Tex.— 10s
75
Settlement, 58, 1913,
97
98
68, funded
75
Settlement, 38, 1913
7038 IndlanapoliB,lnd.-"D"7-3,'99.J&J 112
70
Texas— 6s, 1892
M&8
68.1897
J&J 108
7s, gold, 1892-1910
M&8
Jersey City— Water 78, 1902.. .Var 1 17
„78, gold, 1904
J&J
Water 68, 1907
J&J 112
vermontr-68, 1890
J
Funding 68, 1909
F&A 112
Virginia— 6s, old, 1886-'95...J & J
48
5b 1911
6b, new bonds, 1886-1895. .J & J
48
Hudson County 58,' i'oO.V.'.V. M&S 1 1
6b, consols, 1905. ex-oouu
40
J&J 38
Hudson County, 6s, 1905
J&J 125
8«, consol., 2d series
j&j 50
Hudson County 78, 1894
JjiD 112
6b, deferred bonus
16
9
Bayoune City, 78, ions
J&J 1 12
Tai-rec'vable coups., from cons'ls
32
Kansas City, Mo.— 8s, 1896... Var §121
123
Do
from 10-40s. 27
29
M&N
78, 1898
§118
New3s(Rlddleberger),1932.J&J 6519 ti6
58, 1905
§105
10-408, cp. & reg.,3 to5,19l9. J&J
35 19
Lawrence, Mass.—6s, 1894...A& O SilOia nils
68,1900
A&O §118 120
CITV SECURITIES.
Long Island City, N.Y—Water.78...
Albany, N.Y.— 78, 1910-16. ..M&NJ140
Louisville, Ky.— 7s, 1903
Var
123
68, 1915 10 1919
M&N 5117 120
68,1897
Var
110
4b, 1920 10 1930
M&N §102
10'408, 58, 1920
M&S
106
Allegheny, Pa.—8«,op., '87-97. Var. 100
106
48, 1923
J&J
100
4iss, coup., 1885-1901
Var. 100
105
Lowell, Mass.— 68,1890, W. L.M&N
104
4s, coup., 1901
...Var. 105
Lynchburg, Va.— 1901-4
J
&
J
110
Allegheny Co., Ss, op., 1913.J&J 100 101
88, 1905
J & J
48, riot loan, 5-lOs
100 101
Lynn, Mass.- Water loan, 63, '94. J&J
48, riot loan, 10-208
100 101
Water loan, 6s, '96
J&J
58,
do
10-208
100 101
5s, 1905
M&N
48, refunded. 5-208. 1891-1906." 101
102
Macon. Ga.- 68
4s. Court House, 1908, reg.. J&J 104
106
Manchester, N.H.- -6s, 1894.. J&J.
AOanta, Oa.— 88, 1902
J&J 118 120
68,1902
J&J.
Water 78, 1904
j&j 115 118
4s, 1911
68,18956
J&J 106
Memphis, Teun.— Flippin 4-8s.J&
. .
A&O
&D
'
Austin,
•
Price nominal;
no late transactloas.
JiJ
TaxDist., 68
J&J
MlnaeapoUs, Mlnn.-8s, IS92.J&D
7s. 1901
J&J
4i2S. 191215
4s, 1J15-17
Texas— 10s
}
Purchaser also pays accrued iQterest.
117
Var
A&O
^
J&D
107
122
124
102
107
J&J
J&D
M&8
1899
1909
1921
48,1920
8s,
5s,
68,
58, .Street
Dist., 4-6s
J&J
.
85
Rochester,
48,
&
1922
N.Y
7s,
Water,1903
96
§141
100
105
..
F&A
F&A
1912
Joseph, Mo.— ba, 1903
Comp'mi8e4s, 1901
Louis, Mo.— 68, 1899
6s, gold, 1894
58, 1900
48, 1905
3-658, gold, 1907
St. L. Co.— 68, gold, 1905
St. Paul, Minn.—48, 1912
41SS, 1916
58.1915
68,1904
7s, 1898
St.
90
Var 116
lOSis
108
102
99
Var,
121i«
A&O
96
103
109 13
,1181s 120
Salem, Mass"— e'sV'Vs,' W. L. A& 6
J&J
5s, 1904, W. L
Savannah- F'd 53, c()n8.1909.Q—
Sprlnglieid, Mass.— 68, 1905. .A&O
.
A&O
78,1903, water loan
Toledo,
,§123
§132
O.— 7-308, BR.,1900.M& N,§116
Var ;§ 118
88,1893-94
Var § 1121a
6s, 1899.
A&O §107
5s, 1913
Var.;§ 93
48.1913
Washington, D.C.— SeeDist. of Col.|
108
Worcester, Mass.— 68, 1892...A&O:§107
115
A&O
5s, 1905
104
A&O
48, 1905
96
J&D
31S8. 1905
RAII.ROAD BONDS.
wM
(Bonds of companies consol' ted
be found under the consoled natne.)
Ala. Gt. Southern— l8t mort., 1908
Debenture scrip, 63, gold, 1906..
Ala. N. O. T. &o. 1st deb. 68
2ddebent.68, 1907
Ub'y&Susq.-Cous. 7s, 1906, guar.
132 >«
illegh.Val.—Gen. M.,73-10s.J&J
124
114
Cousol. mort., 63, 1900, guar. A&O
East, pxten. M., 7s, 1910...
Iaoome,78. end., 1894
Ashtabula & Pittsb.- 1 st,
A&O
A&O
21
1908 105
Acch. Top. JtS. Fo— l8t,78, '99 J&J §121
Laodgrant,78, g., 1902 ....A&O §118
J&D §105 «
Sinking fuud, 63, 1911
Suarauteed 73, 1909 .J&J&A&O §117
A&O §102
58, 1909 (l3t mort.)
.M&9 § 88
58, plain bouda, 1920
A&0;§ 99
4133, 1920
OollateralTruit, 03, 1937...F&A § 94
63,
;
Is
96
eluLondou.
do
II
100
F&A
St.
Florence & El Dor'do,l8t.78. A&O S 1 1 3 13
K.C.Topeka&W.,l9t M.,78,g.J&Ji§124
iSlOS
95
J&J 118 120
J&J 138 140
J&J 1071s 108
ioo" Richmond, Va.— 68, 1914
J&J
lOs, 1893-96
Tax
112
Pa.— 6s,1898-'99 J&J
J&J
new, reg., due 1905
1913
1912
3i«3, gold, 191H
102
110 Is Bahway, N. J.-Old 78
New adjnstment, 4s
Water,
Ss. 1914-15
J&J 1021s
4isi«, 1918
J&J 100
Augusta, Me.— 68, 1905, Fund .J&J §118
Augusta, Ga.— 78, 1900-2
Var 110
68.1905
J&J 109
104>s
J&J
48, funded, 1912
Portsmouth, N. H.— 68, '93, RR.,I&J
Poughkeepsle. N. Y.— 7s, water long
Providence, R.I.— 58, g., 1900... J&J
68, gold, 1900, water loan.. J & J
104%
A&O
1900
M&8
J&D
1907
1903
J&J
Var
Columbus, Ga.— 7s
5s
.—
Co vington Ky 'f-'sOsVi 892 "f& A
7-30S Waterworks, 1890.. ..A&O
1937,new
Dallas, Texas— 8s, 1904
125
120
1031s Portland,Me.— 6s, KR. Aid,1907M&8
68,
58,
4s,
48,
103a«
J&J
J&J
78,
7s, water, reg. &op., 1898.
48, 1915
68, Consol., 1904 reg
I22i«|
Var
Cleveland, O.- 7s, 1894
102
130%
M&N
1908
137
tax
Philadelphia,
...Ji&J
iii"
J.&J
Pittsburg, Pa.-58,
Var
Var
78, 1903
68, 1909
68, gold,
48, 1905
128
A&O
A&O
Va.— 6s
Petersburg,
8s
.
8-658,
Var
M&N
Oawego, N. Y.— 78, 1887-8-9
Paterson, N. J.— 7s, 1900
68, 1901
4s, 1908
IO514 106
3-658, 1902
Cook Co. 7s,
Cook Co. 58,
J&D
M&N
M&N
J&J
M&N
M&N
M&N
M&N
A&O
Orange, N. J.— 78, long
Ul3
6s, 1895
4i«s, 1900
J&D
1934
78,1895
N.Y. City— 7s, 1900
63, 1900
6s, gold, 1901
.5s, 1908
53, gold, 1896
4s, 1906
31S8, 1904
38, 1907
Norfolk, Va— 68, 1914
88, Water, 1901
53, 1916
Norwich, Ct.— 5s, 1907
78,1905
Omaha, Neb.— 63, 1891
A&O
M&S
J&J
F&A
. .
J&J
58,
J&J
J&J
J&J
J&J
J&J
Chicago, 111.— 78, 1892-99
5s
Cons. 6s, 1923, extended
J&J
1909
4s,
Var
1906
New Orleans, La.— Premium
Var^lOBia
A&O
Brooklyn, N. Y.— Park78, 1924. J&J
J&J
Bridge 78, 1924
Park
A&O
3ias, 1910..
Charleston, 8.C—Con\-.78,'97. A&O
113
105
108
A&O
1905
58,
4i«s, 1896
58, 1909
6s, 1910
7s, 1895
78, Aqueduct,
1241s
il21is
Cambrldge,Ma88.-Water6B,'96.J&J
J&J
City 6s, 1904
Var
10614
Water 3isc 1911
Fund. loan(Leg.)68,g.. 1902Var 12068
109
Market stock, 7s, 1S92
Water stock, 7s, 1901
126
do
78,1903
Florida— Consol. gold 68
J & J illO
103
6eorgla-78, gold bonds, 1890.0—
4'«8, 1915
J&J 106
Lonlsianar— New con. 7s, 1914.J&J 106
88
Stamped 4 per cent
Baby bonds, 3s, 1886
F&A
Var
Tenn.— 68, 1907
Newark—48, 1906
123
106
Waeh.-Fund.loan(Cong.)63.g.,'92
—
new
Nashville,
Belfast,
5b, 1919
4s, 1926
Water 38, 1905
Buffalo, N.Y.— 78, 1924-5
Water 58, 1898-9
logifl
103
102
Ask.
109
Var
Var
Var
1905
New Bedtord.Mass.- 6s, 1909. A&O
Bridge
Bridge
120
Bid.
Milwaukee, Wis.—Water 7s,'02. J&J
Water 48, 1906-7
J&J
Mobile, Ala.— 4-5s,funded,1906J&J
Montgomery, Ala. New 38 .J & J
Bangor, Me.— Water,68, 1905. J&J
J&Ji§108is
E. & N. A. RR. 68, 1894
Var 5103
Bath, Me.— 68, 1902
J&J, 5 97
4138, 1907
Water
Water
8
y-J
Q—
M
M&|
M&B
12212
ClTT SECtfKITIEB.
Ask.
consol.. 1890. .Q— J 104
68, Bait. &0. loan, 1890....
6s, Park. 1890
68, bounty, 1893
68, bounty, exempt, 1893..
68, water, 1894
125
127%
Bid.
CITT 8ECUKITIE8.
Ask.
Bid.
TJNiTED States Bonds.
income 78.A&0
Coupons on8lncel839'
§
II4IS
1
AcocsT
MFJ
F
OHROMCLE.
T£IE
18, 188«.l
iiJ6
GENERAL QUOTATIONS OP STOCKS AND BONDS—t3o>fT[jjaitD.
For Kzptanatlons S*e Notes at Head of First Pace or Qaotatlon*.
Railroad Bonds.
Ask.
Bid.
Railroad Bondr.
Aloh. Ton. A 8. I-'e— (Oonf IiiihmI)—
N.Mex.A8o.PttC.,l8t,7ii,1909A4O flSl
Pneblo A Ark. v., l«l, 7». g.,lB03. tll7>«
BoDora, Ixt, 7h. 1!)10, K>iar.. JAJ 103^
Wloblta<t8.W.,l«t,7H,(?.tgua..l002 112
Atlanta A Obarlotto Air Jl—-l8t,7B 121
103
Inoome, 6».
8II3
Atlantic A Pao.-lat 48. 1937. .J&J
23>«
J4J
Inoonicg,
1910
W. D.
hS
Central Dlvlston, old tls
14
1922.
liiooiues,
do
40
do
BOC. Id. gr. 68.1901
-New
A<feO
Baltimore A Ohio
4a
F&A 108
SsKOld, 1925
F&A , „
Con80l. Kold 98, 1988
P»rker8bur(tBr..68. 1919...A&0 120
103><
.^8,
1925
BohuylklU Rlv. EaatSlde
JAD e}09
BfcerlinK, ."^s, 1927
12m
118
104
114
1
82
1.'4
Loola'aA Ho.R.,l8t.78.l600FAA 119
I.«ul8'aAMo.R.,2d,7H, 1900 MAN 118
(Hilo.
111
113
121
126
AAO
MAN
AAO
AAO
FAA
MAS
Neb. Ext., 48, 1927
MAN
Bur. A Mo. R., I'd M.. 7s,'D3.AAO
Conv. 8h,'94 ser.JAJ
do
Btir.AMo.(Neb.).lBt,68,1918.JAJ
do Cons, 68, non-ex.. JAJ
124^
84>9 84^8
122
Bell'eGaii— l8t, 7s. 1(j93
JAJ
Belvldere Del.— l»t,68,o.,1902.JAI)
Con8.4s, 1927
FAA ,,-.;:,..„
Boston A Albany—78, 1892...FAA JlOS"*
do
do
do
HO
jAij1lll^I112
1 00»<
Boet. Cono.4 Mon.-8.P..6a,'89. J AJ i 100
Oonsol. mort., 78, 1893
AAO JlOSia 109
Consol. mort., 68, 1893
AAO 5104M 104ifl
1
Bost.H.Tun.AW.deb.SH, 1913 MAS
JAD
Bonds. 5s, 1895
88. 1901
5b, debenture, 1913
Iowa Dtv. 88. 1919
Iowa Dlv., 48, 1919
48, Denver Dlv., 1922
48, plain bonds, 1921
»*''8
4s, (Neb.), 1910...
JAJ
Neb.RR,l8t,7s,'96AA0
Ora.A S.W'.,lst,88,JAD
m. Grand Tr.. Ist, 8r. '90. ..AAO
DLxon Peo.A H., Ist. 8a.l889. JAJ
Fox R., 89, 1900. JAJ
Ott. Osw.
A
(InlncyA Wars'w, l9t,88,'90.JAJ
Atoh'n A Neb.— l9t. 79.1907 MAS
Burl.
Olilo.
A Nor.— 59,
1926
JAD
Debent. 69, 1896
108'4 Chlo. A Can. So.— Ist, 7s, 1902 AAC
113
Chlo. Kan. A Wesfn.- lat, 88, 1926
68, 1896
Income 68
6* 1899
100
4a, 1905
Cblc. A East 111.— 1st mort. 68, 1907
MAsL JOS'* \9.l
MAn5i03 105
Income bonds, 1907
4>M, 1903
112Vi
B08ton A Maine— 78, 1893
JifeJiJUS
lat, con., 08, gold. 1934 .... AAO
7e, 1394
Gen. con., Ist, 58,1937
JAJ ill* 114ii
B08t. A Providence— 78, 1893. JAJ[}' 18, ll^Js (Jlilo. A Gr. Trunk— l8t mort., 1900
Bo8t.ARevereB'li— l8t,6s.'97.JAJ.vllO'« Ill's Ch. A Ind.Coal R'y,l8t 5a, 1936 JAJ
Bradford Bord. A K.— let, 6s, 19321 36
Chic. A Mich. L. S. Ist 8b, 1889....
Bradf,Bld.ACnba— lst.68,1932JAJi 25
Chic. Mil. A St. Paul—
Brooklyn Klo.— l8t, 68, 1923. .A*oi
P. du C. DW., 1st, 8s, 1898. FAA
80
2d mort>r. 3-58. 1915
JAJI
P. D., 2d M., 7 3-lOs, 1898. .FAA
Brun8. A West. Ist, -Is, 1938. .JAJ'
let, 9, gold, 78, 1902
JAJ
Bufl.Brail.AP.— Ucn.M.78,'96.JAJ' 100
La. C, 1st M., 7b. 1893
JAJ
Bnfl.N.Y.AErie— l8t. 78, 1916.JAD 136
I. A M., l8t M., 78. 1897
JAJ
102
Buff.Rocli. A Pittab.— Gen.Ss, 1937
I'a. A Dak., 1st M., 7s, 1899. JAJ
Ban. A Soiitbwest.— e«, 1908.. J. AJ
Hast. ADak., Ist M.,7s, 1910.JAJ
B***
Bar. C. R.AN.— l8t.58,new,'06.JAD
do
59, 1910
JAJ
Con8.l8t Aeol. tr., 58,1934. .AAO
Chic. A MU., 1st M.,78, 1903.JAJ
Iowa C. A W., l8t, 7«, 1909. MAS
lat mort., consol., 7s, 1905. -JAJ
103
O.Bap,I.F.AN.,l8t,68,1920.AAO
l8t M., I. A D. Ext., 7s, 1908JAJ
100
do
iBt, .58, 1921. ...AAO
Ist M.,68, S'thwest Div.l909JAJ
Oallfor. Pao.— l8tM.,4>«8,g.. .j,SiJ
l8t M., 58. La C. A Dav.l919JAJ
ZdM..69, g.,endC. Pac., '91.JAJ 104
So. Minn. 1st 69,1910
JAJ
8d M. (guar. C. P.), 68, 1905. JAJ JlOO
.JAJ
Chic. A Pac. Div. 68, 1910
£0
do
do
38, 1905. JAJ
do West. Div., 5e,1921. JAJ
Cal.80.— l8t68(Atoh. guar.)..JAjlHia'« ll2Sl
Chio. A Mo. Rlv. os, 1926.. ..JAJ
Income 68, 1926
MAS 5^0% 87
Mineral Ft. Div., 58, 1910... JAJ
Camden A Atl.— l8t,78, g.,'93..JAJ
Chic. A L. Sup. ulv., 5s, 1921JAJ
2d mort,, 68, 1904
AAO
Wis. AMinn.Div.,58, 1921. ..JAJ
Con8. 68, 1911
TerminlaSs, 1914
JAJ 110
JAJ
lO?"*
Canada 80.— lstM.,guar.,1908,JAJ
Dubuque Div., Ist. 6s, 1920. JAJ
2dmort>,5e, 1913
MAS SS'* 95 5i Wis. Val. Div., Ist, 6s, 1920. JAJ
BS^ 99
Cai>eFearAYad.VaI.,l8t,68,l916..
Fargo ASouth.- 69, ass.1924. JAJ
105 >4
Carolina Cent.— l8t,68,g.,1920. JAJ
Inc. conv. sin. fund 5e, 1916. JAJ
2d, Inc., 68, 1915
AAO
Dak. A Gt. So. 5s, 1916
JAJ
3d, Inc., 68, 1910
(31iic.A Northw.— Con.78,1915.(i—
Catawlssa— Mort., 78, 1900.. ..FAA 119>s
Consol.. gold, 78, op., 1902. .JAD
Cedar F. AMin.— Ist, 78, 1907. JAJ
66
70
Sinking fund, 6s, 1929
AAO
Cedar R. A Mo.— l8t, 78, '91. ..FAA 105 105^4
do
58,1929
AAO
132 132 >s
l8t mort., 78, 1U16
debent., 5s, 1933.
do
2d mort., 78, 1909, quar
JAD 118 113
Exten. bds. 48, 1886-1926... FAA
Cent. Br. U.Pae.,l8t8,68, '95.MAN 105
25-yrs. deb. 58, 1909
Fund, coupon 78, 1895
105
Esoan.AL.Sup., lat, 68, 1901. JAJ
Atch. A Plke'8 P'k, l8t, Cs, g.
104
Des M.AMiQn'8,l9t,78,1907.FAA
104^9 104^
Atcli.Col.APac.,l8t,68,1905Q.—
Iowa Mid., Ist M., Ss, 1900. AAO
Atoll.J.Co.AW.,l9t,68,1905.0,— F 103
Peninsula, Ist, conv.,7s,'98.MAS
110
Cent, of Ga.— l8t, cons., 78, '93. JAJ 108
Chlc.A Mil., Ist M., 7s, '98. .JAJ
CoUafl trust 5n, 1937
MAN 103 >9 103% Mil. A Mad., l8t, 68, 1905.. M.AS.
8:^
Cant. Iowa— New Ist., 78 , '99. JAJ
Madison Ext., Ist, 78, 1911. AAO
15
Xno. bonds," debt certs.'', 78,AA0
Menominee Ext., lat,7s,1911 JAD
BostonALowell— 7e,
'92
AAO
JIOS
JAJ illl
J&Jl* SS.
MAN
1161<
30
. .
HO
MAN
MAN
Eastern DIv.,
Ist, 69, 1912. .AAO
Els. Div., l8t, 08, 1912
Cons., gold, 68, 1924
Cent. RR. of N.J.— 1st, 7e, '90.
Geu. mort, 58, 1987
JAJ
AAO
JAD
FAA
78, oonv.,
1902
Consol. M., 78, 1899
MAN
Q—J;
MAN
Couv. (Icben. 68, 1908
Am. Dk. A Imp. Co., 58,1921 .JAJ
Leh.AWU.— Oon.78,g.,1900,as8.Q
Cent. Ohio— lat M., 68, 1890..M,feS
Cent. Pac— Ist, 6s, gold, 1895 .JAJ
1896
JAJ
1897
JAJ
1898
JAJ
B.Joafiulu, l8tM.,68,g.l900.AAO
Cal. A Oregon, series B, 68, 1892
Cal.AOr. C.P.bond8,68,g.,'92JAJ
Land grant M., Os, g., 1890. AAO
Mortgage bonds, 68, 1936. ..AAO
l8t, 68, gold,
l8t, 6.-<, gold,
l8t, 6e. gold,
We8t.
I'acif., l8t, 6s, g.,
ClierawADarl.— 2dM.,78
fd., 1898
AAO
MAN
MAN
Extended 48, 1986
Reorg. com. certs
68, cunency, int. def., 1918. .JAJ
68,
1911
WlnonaASt.Pet.— 2d7s,1907MAN
A St. P., 5s, 1909. .MAS
North. Ills., 1st, 59, 1910.. ..MAS
105 105>« Chio.R.I.A Pac.— 6a,19l7,ooup. JaJ
122
Exten. Acol. 5s. 1934
JAJ
Ha'a
Chic.AS.W..lst,73,guar.,'99.MAN
105'«
Cbic. A St.Louis- I8t68, 1915, MAS
lOBia 107
Chic. Santa Fe A Cal.— 1st, 58.1937
56
Chlo. St. L. A Pad
Chic. St. L. A P.— 1st, 58, 1932. AAO
Chic. A Gt. East., lat, 78, 93-'95.
CoLAInd. C, lat M.,78, 1904.JifeJ
liO'^]
105i4'
114i2-
111'*
1144!
114'»
do
Un.A
115^
HO
IIOI2 Chic.
120
HI
72««
72's
FAA
115
115
Cln.
71
JAJ 5107
Price nominal; no late transaotlons.
ATomab.— 69
Ham. ADayl.—Conaol.SaAAO
Consol. mort., 78, 1905
AAO
Consol. mort., 68, 1905
AAO
Cln. H. A I., lat M., 7s, 1903.J&J
72''8 Cln. A Indianap., Ist., 78,'92..JAD
24 >4
110
108
113
^
2dM..7a, 1887-92
A
Consol. mort., 78, 1890
JAD
Cln.A8p.-7a,C.(;.C.A I.,1901.AAO
7b, guar.. L.8.A M.S., 1901.. AAO
Cln.Wash.AIl.- l8t,gu,4iss-6BMAN
40
lOOV 101
112
120
99 >4
72 >a
09 •
73%
40%
132
102 <s
9Sis
JA.1
Indianapolis C. AL., 78 of '97.. ..
Ind'apoua A Cln., l8t,78,'88..AAO
Cln. I. St. L. A Chic— Con. 68, 1920
Ist gold 4s, 1936
(1—
Cin.Jack.AMao.-lst,5s,1936. JAD
Cln. Van W. A Mich. -l8t,6s, 1901
do
2d Income. 69. 1930 .
turehaseralao paya accrued interest.
.
107%
139
.
103
80%
84
104%
116
C—
A Xenia— lat
Col.
105
107
110
107%
M., 79,1890.MAS
Conn. A Passump.— M., 7a, '93. AAO Slli' 111%
Masaawlppl, g., 68, gold, '89 JAJ SlOO 101
32
Conn. Weat.- lat M., 7a, 1900. JAJ 5 26
Connecting (Phila.)—l8t, 68 ..MAS 120 125
Consol.RR.of Vt., Ist, 89, 1913.JAJ 5 87% 88
1241a
112
114
117
0S>a
Col.
100
117
124
20
A
l8t,7s,1901.MAS }.
A Rome.— lat, 6s, gu.Cent. Ga. 106
CoI.A West.— 1st, 6a, guar.Cent. Ga. 108
9814 0)1. Springf
99
126
116
'
Cow. A Ant.— Deb.68, '98MANi
Cumb. APenn.— lst68,'91....MA9!
Cor.
1211a 122
Cumberl.Val.— l8tM.,8s,1904.AAOj
Dayton A Mich.— Consol. 5s. ...JAJ (103%
3d mort., 7a, 1888, now 2d. AAO SlOO
1241s 125 la Dayt. A Weat.— Ist M.,68, 1905. JAJ Suo
104%
101%
105
125
123
Ist mort., 78, 1905
JAJ 5117%
Delaware— Mort., 6a,guar.,'95. JAJ 117
Del.A Bound B'k— lst,7s,1905FAA 1-28%
Del.Lack.A W.^Conv.78,1892 JAD 109
Mort. 7s, 1907
MAS 137
Den. AR. O. lat78,gold,1900.MAN 121
77=8
lat eon. 48, 1936
Denv,A Rio G.W.— l9t,6s, 1911MA8 83
114»9
1021a
112
120
107
124
ioi'
loo's
77''B
84%
75
do
assented
101
80
Denv.S.P.A Pac.— lst,78, 1905 MAN
101^8 10213 De8M.AFt;.D.-Guar.48, 1905. JAJ
85
87
1st mort., guar., 2ia8, 1905 ..JAJ
55
JU4 115
5103
105
83%
1st mort., guar. 48, on extension.
Det.AB.C.l8t,8s,en.M.C.1902MAN
"96'
Det.B. C. A Alp., lst,68. 1913. JAJ 107' 108
Det.G.HaveuAMil.- Enulp.68,1918 ell7 120
I4214!
120
Con. M., a% tiir84, after 6!*.. 1918, «117
13II4I Det L. A North.- 1st, 7a,1907.JAJ§117
118
- A.
36
Det. Mack.A M.— -Ld. gr. 3%8,
1191s 120
S8
S.
110
Dub. A Dak.— Ist M., 6a, 1919.JAJ
111
Dub.AS. City— lat,2dDlv..'94.JAJ
go's Dulath A Iron R.— lst,53,1937. AAO
97
106
u06>t DiUuth 8. 8h. A AtL— 59,1937,JA J
92% 93
110
Duuk.A.V.A P.— l8t,7s,g..l900JAD 110
123
E.Tenn. Va. A Ga.— lat, 7a,1900 JAJ 121
134 135
Divialonal, 58, 1930
.JAJ
128
JAJ
Ala. Cent., lat, 6a, 1918
119
E. Tenn. V. AGa.R'y.— l8t,5a,1956. 102
102%
113
East. A W. Ry., Ala. -Ist, 68, 1926
.
'
I
122
Eastern, Ma8a.—6a,g., 1906.
127
135
Eaaton
.MAS
A Amboy-M.,59,1920MAN
5122>4
111
EUzab.Lex.ABigS.— 6a, 1902.MA8i 100
ElmiraAW'mspt^lat 68,1910.JAJ
131
108
AAO
5s, perpetual.
Erie A Pittab.- 2d, now lat
Con9. mort,, 7s, 1898
109
JAJ 5100
JAJ Jill
AAO 5101
Equipment. 7a, 1900
Elureka 8pr.— lat, 68,gold,1933FAA
Evans.AInd.— lat,guar.,g.,6s,1924 103
JAJ
let, con., 1926
Evaus.A T.H.,l8t con.,6a,1921,JAJ il9
130%
105%
IOII4 102 '4
Mt.
Vernon- lat,
6s
Evanav.T.H.AChi.— 1st,
Fltchburg— 58, 1899...
5a,
6a,
1905.AAO
Chlc.A W.Ind.—S.fd. 68, 1919 MAN
Generalmort., Os, 1932 ....Q—
Chic. A W. Mich. 58, 1921. ...JAD
106»« 1071a
'93. .JAJ
H7is
68,
122%
,
[100%
120
lbs"
107
AAO 107%
AAO 5i03"' i03%
AAO §103% 104
AAO 5103 111
g.MAN
1900-01-02
1897
78,1894
Cin. A Chic. A. L., 1886-'90
CUi. Sl.P.A K.C.-lst, g, 58,1936JAJ
113
102
112
A
2d M.78,1904.MAN
Logan8p.,l8t,7B,
100
Cln. Rich. AChlc— 1st. 7«, '95. JA.) }....,
107
Cln. Rich.
F.W.—l«t, 78, g... JAD }...., 113
Cln. Hand'ky
CI.— 68, 1900..FAA'J100>S 101
,
Ott. C. F.
Sterling mort., 68, g., 1903. .JAJ el23
125
Bda. Kan. C. line,69,g.,1903.MANi 123is
'
1917. MAS
IO414
AAO. 109
Ches. O.A8.W.— M. 5-68, 1911. FAA
2d mort., 68, 1011
Cheshire— 68. 1896-98
Chlo. A Alton— 1st M., 78,
lst,78,
102
107
«105
Chic.St.P.Min.AOm.— Con. 6s. 1930
102 "a lUS^s
Ch.St.P.AMlnn. l8t.68.1918MAN
lOl"*
North Wise, Ist 6s. 1930. ...JAJ
'99..J,kJ 112
St. PaulAS.Clty, lst6s,1919.AAO
Cbarl'te Col.AA.— Cou8.,78,'95.JAJ
2d mort., 78, 1910
AAO
Chee. A Ohio— Pur. money
Series A, 1908
Cs.gold, series B....
Reorg. com, ccrta
Northwest.Uu.,
Bid.
2d mort., 5a, 1031
JAJ
3d mort., gold, 38-4s, 1931. .FAA
39%
18
Income 88, 1931
Bcloto A Hook. V, 1st, 78.. ..MAN
Bait. Short L., lat, 7b, 1900. .JAJ
H08 HO Clearf. A Jeff.— 1st, Os, 1927 .JAJ 111
97
(31ev. Akron A Col.— l8t,68,1926JAJ <103
92>4
Gen. M., g., 8e, 1927
MAS ( »e
88
Clevc. A Canton— 1st. 5s. 1917.JAJ
92
i 87»«
92>8 92 <4 Clev.Col.Cln.AInd.— l8t78,'99MAS 122%
Ill's 112
Consol. mort., 7a, 1914
JAD 131
Cona. S. F., 78. 1914
JAJ 120
117
I17'a
Gen. con. 6s, 1934
JdcJ 110
108 109
Belief. A Ind. M., 7s, 1899.. .JAJ
90
91
Clev. A PlttB.—4th M., 6s, 1892.JAJ 1061a
no's 112
Consol. 8. F., 78, 1900
MAN 127
{11714 119
CTev. A M. Val.— 1st. 7s, g. '93 FA A
51051s 107
Colorado Mid.— 1st, 6a. 1936.. JAD
}102 103
Copur (I'Alciie.- Ist, 69, 1916. .MAS
5126
127
Columbia A Or.— lat, 68, 1916. JAJ 101%
^105 'a 106 >4
2d mort., 6.1. 1926
AAO 79i«
124
125
Col. A Cin. Mid.— l8t,6B, 1914.JAJ
97>s 98
Coluin1)U9 Hocking Valley AT.—
96
98
Con. 58, 1931
MAS 83
20
25
Gen. 68 gold, 1904
JAD SI'S
94=1»
95
5
Col.AHock.V.— l8tM.,7s,'97.AAO 109
5II9 52
do
2d M., 7s, 1892. JAJ 102
119
Col. A Toledo— lat mort. bonds .. 112
101
do
2dmort
117 118
OMoAW.Va.,let,s.f.,78,1910MAN 110
131
^102
108
106
>^
MAN
MAN
BOITDS.
Cln.Laf.ACh.— l8t,7s.K.,1901.MAH }I10
Cln. l<eh. A Nor.— Ist m. Ss
JAJ
115
114
114
75
HO
MAN
RAtlROAD
Ask.
107l«
Ml88.Rlv.Bridge. l8t„s.f..68.1912
FAA
2d. 6s, 1923
B. A Q.— Cons., 78, 1903. .JAJ
100
Bterllnjf, 6k, ISiW
M&8«1J1
BterUng mort., 68, g., 1902. .MAS <119
do
6»,g., 1910. MAN el'^i*
Balt.APofo— l8t, 68,g.,1911.JAJ 120
68,1895
Bid.
A Alton— (Continued)—
8t.L.Jack8'v.*C.,lBt,78,'94.AAO
do lstglm^.(.^64).78,'»4AAO
do 2d M. (300), 78, '98.. JAJ
do 2d gn»r.( 1MM> 78,'08.JA.l
Chlc.A Atlantic— 1st, 6«.1920.MAN
1123
lOti
lom
l»t,tunnel, 68.K.,K'd. 1911.AA0
BecchCre<>k-lst,iB:'ld,4fl.l936,JAJ
Ctileago
AAO| §108% 110
Flint A P. Marq.- M. 6s,1920.AAO;
Ft. Madison A N. W., Ist 7s. g.,1905
A Denv. C— lat, 68,
123%
87
88%
Frem't ELk'nA Mo.V.—6a,1933AA0 5121
122
Unstamped.. 5ll8% 119
do
do
Gal.H.ir.ASanAnt.— l8t,68,g. 1910. 103%
JAD
2d mort., 7s, 1905
106
Weat. Div. 1st, 5s, 1931. ...MAN
93
2d, 68, 1931... JAJ
do
AAO 66 72%
Gal.Hous.A Hen.— lst,5a
JAJ
Georgia—7s, 1883-90
JAJ 114 11«
6s, 1910
Georgia Paoillo— lat, 68, 1922. JAJ 107 '4 108
46
47
2d mort
Gr.Rap. A lud.— lat, l.g., g'd, 78, g. §120
Ist M.,79, l.g., gold, not guar.AAO )115
{lOS
Ex land grant, 1st 78, '99
MAS 98
Conaol. 59, 1924
102%
iGr.B'yW.ASt.P.— l8t,68,1911.F.*A
37
37%
2d, Incomes, 1911
118%
ault Col. A S. Fe— 1st, 78,1909 JAJ 118
AAO 96%
%
ad, 68, goltt, 1923
Ft. Worth
1921
I
!
'
elnl/ondon.
||
C/Oupoa ud.
<
In Amsterdam.
J3
MFJ
J.
THE CHRONICLE.
194:
fVoL. XLA'll.
GENERAL QUOTATIONS OP STOCKS AND BONDS— Continued.
For Explaaatloas See Note*
Kailroad Bonds.
Han. & St. Jo.- Con.
68.
1911
& L.— Ist, 48
Harris, p. Mt. J.
. .
M&8
. .
19 1
1903
Hart. & Conn. West.— 5b
Ho'st.E.&W. Tex.— lBt,7s,'98.M&N
J&J
2d, 68. 1913
B.* Te,t.Cen— l8t m.,7a,pnar.l891
West. Div., 1st, 78, g., 1891.. J&J
Waco & N. W., Ist, 78, k.,1903. J&J
Cons, mort., 8s,1912,Tr. ree. AiftO
Cten. mort. 68, 1921, Tr. rec.A&O
Hnnt. & Br. Top— 1st, 7b, '90..A&O
2d
mort., 7s,
g.,
F&A
A&O
1895
1895
Cons. 3d M. 58,
Illinois Cent.— 1 st Clil.&8pr.'98 J&J
J&J
1st, sold. 48, 1951
J&J
Gold; 3148, 1951
Col. tr., gold. 4s, 1952
Middle Div. reg. 5s, 1921. ..
Sterling, S. F., 5s, g., 1903. .A&O
J&D
J&D
2d, 68, 1907
Ten.
M&N
1897
lien, 7s,
Kailkoad Bonds.
120
5100
60
124%
1221s
152
105
110
70
104 la
110
IO.512
114
107
941s
102
iio'
114
110
118
tnd'apoUe&Vin.— l8t,7s,1908.F&A 11.5 120
2d mort.. 68, g., guar., 1900.M&N IO2I2 105
lOi
Int.
65
§102'ii
I'aFaUs & 8. C— Ist, 78, 19 17. A&O §!31
Jacksonv.e.E.— 1st, 68,1910.. J&J
Gen. morr.. 68, 1912
J&J
104
1311a
118
100
94%
98%
P.&.Sr.L.,lst,58.g.,19£8.M&b
J&J
Litch'ldC.&W.,
Louisville
&
I St. 68,1 9 16.
St. L., Ss, 1S27.A&0
7e, 1889. J&J
Mad.&Ind.— Ist, 78,1906.A&0,,
2d mort.. 78. 1910
J&JlHliO
Jefferson— let mort.,
Jeff.
116
121
Junction (PMl.)— l8t,4'3S,1907 J&J!
Jtanawlia&O.- 1st OS. 1936. J.&J
scan. O.Clint'n
&
Kansas C. Lawr. & 80. Ist, 6s. 1909
Kan.C.M. &B.-lst, 58, 1927. M&S
Kan.C.& Omaha— I6t,5s,19k7
lakeE.&West.- l8t,g.,5s,1937J&J
liBke Shore & Mich. So.—
CI. P. &Ash.,new7s, 1892. .AAO
I2312
7s, 1886. ...J&J
Det.Mon.& Tol.,l8t,78,1906.F&A
Kalamazoo A1.& Gr.R.,lst,88. J&J
Kal.& Wh. Pigeon, »t.78,'90..J&J
Dividend bonds, 7s, 1899... A&O
L.8.& M.S., cons., cp.,l8t,78- J&J
do con8.,reg.,l8t,78,1900.Q—
00 oon8.,cp.,2d,78,1303..J&D
do con8.,rtg.,2a, 78,1903. J&D
Mahoning Coal RR. 1st, 58.. J&J
126
1031s
123
126
125
124
128
106
•
Kewtown&Fl.,
Ist, 78, 1891.....
JI.Y.& Man. Beach. Ist 7e,'97,J&J
N. Y. B. & M. B.,Ut con. 5s, 1933
l4>n'v.C.&Lox.— lst,78,'97J&J(ex)
116
120
I-on'v.Ev.& St.L— 1st 68,1926. A&O
3dmort.,2-6a, 1936
a&O
I.OUIS. & Nash.— Cons, let, 78, 189S
Oecllian Br., 7b, 1907
I«b.-Knoxv.
liOUiB. Ciu.
Mem.&
68,
1931
& Lex., 6s.
1O114'
541s
120
M&S
M&8
1931. M&N
110
122
114
0.,stL, M.,7s, g.,1901 J&li
M.&Clark8v.,8t'g,68,g.,1902 F&A
K. O. & Mobile. 1st 6s, 1930. J&J
2fl, 6s, 1930. ...J&J
_ do
Pensacola Div.,l8t,6s,1920..M&8
Bt. Louis Div.. lat, 6s, 1921. .M&S
do
2d., 3s„ 1980. M&S
_,
Bash. & Dec, Ist 78, 1900.. J&j
E. H. &N., lBt68, 1919
J&D
€ten 1 mort., 63, 1930
J&D
Bo.&No.Ala.,S. F. 6s, 1910 A&O
Tract bonds, 68, 1922
Q— .M
Ten -forty 6s. 1924
U&ii
SO-yeargold, Ss, 1937
M&N
Col. tr, g.ild, 58, 1931
M&N
Pensa. & Atl.— lst,6s,gu,'21.F&A
Cos.
A&O
1916
ipori. 68.
Cons. 7s, 1912
A"'
•
r.
ii«o.^^imi.iu;
o„ ,0 o
,
N. O.
& Northeast.- Prior 1.68.1915
N.Y.& Can.-£M.,68,g.,1904.MAN eiie" lis'
N.Y.C.& Hiid.Riv.— Exi'dos. M&N 106
Mort., 7a, coup., 1903
J&J 13ti< 1.35
Debenture 58, 1904
M&S lilia Ul%!
Sterling mort., 6s, g., 1903. ..J&J el25
l-.i7
N.Y.Chio.& St.L.— New l8t,4a,1937
921s 92=6'
120
N. Y. Elevated.— Ist M.. 1906.J&J 1151a 1161a
N. Y. & Greenw'd L.— Ist M. inc. 68
25
ili'
2d mortgage income
5
"b"
N.Y.&Harleth— 7s,coup.,1900.M&N 131 132isi
N.Y. Lack. &W.— Ist, 6s, ly2l.J&J 131I4
2nd, 58, guar., 1923
F&A lo7ia
loo's N. Y. Lake Erie & Western—
99% 1st mort 7s, 1897, ext
M&N 119
97
2d mort. exteu., 5s, 1919 ...M&S
122
3d mort. ex. 4is8, 1923
M&S
97"
4th mort., ext., 58, 1920.. ..A&O
lis"'
102
5th mort., ext., 49, 1928
J&D 101 I0II4
Ist cons. M.. 78, g.,1920
M&S 137 1371s
New 2d cons. 6s, 1969
J&D 98I4 93%
121
CollateralTr. 6s,1922
M&N
112
Fund. 53, 1969
J&D 69
89 14
133
Ist conj. fuudcoup.,7s,1920 M&S
A
,
t'av.N.A.&Chic- l8t,6s,1910 J&j
Ind'ap. Div, 6s gold, 19!l..F,stA
Lo•U^v.^ .0.<J:Tex.-l8t,4s, 1 93 1M&8
2d mort., .'e, 1!'34
jj&S
Maine Cent.- Mort. 78, 1898. ..J&J
Exten. bonds, 68, g., 1900. A&O
1
'
I
llok 117
A&O
1907
,
I
lehigh Val.— 1st, 68, 1898.... J&D I1912
Sd mort., 78, 1910
M&8 140
Gen. M., 8. t., 68, g., 1923. ...J&D 133
Ij. Miami- Renewal 5s,1912..M&N illlia
1121a
i..RocR& Ft.S.— l8t,l.gr.,78 '95.J&J 109 -* 110
lAtttc Rock & Meiiiph 8-New 53..
74
79
Long Island— Ist M.. 78, 1898.M&N 121
Istconsol. 58, 1931
Q—
mort., 7s,
|
;
124?i 125
12l4i 125
lAWrence— let mort., 7s,1895.F&A
2d
Ill
111
107
.
Bnfl.&E.,newbd8,M.,78,'98.A&0
& State L.,
Ask.
;
K:e.F.8c.&Mem.--l8t.68,1928.M&N
Kan.C.Wj-.&X.W. -lst5s.l93^.J&J
Ken. Cent. Ky.— Gold 4s, 1987.J&J
Keokuk&DesM.— lst.58,guar.A&0
Kings. & PeinK— 1st. Cs, 1912. J&J
Knoxv. & Ohio l8t. 68, 1925.. .J&J
Buff.
Bid.
& West.— (Cnntin'd) -
!
J&.l
K C.8t.J08.& C.B.—M. 78,1907. J&J
.
N. Y. Lake E.
Gold income bonds, 6s, 1977
63
11212Long Dock mort., 78, 1893. .J&D
do
con. g., 63, 1935 ..A&O
N.Y. & North.-lat g.58,192V. A&O
2d gold la. 1927
J&D
571*
Manitoba S. W. Col. R'y— Ist. 5s. ..
95
N. Y. N. H. & H.lat r. 4s,1903.J&D
Marietta Min.-lst, 68, 1915. M&N 5
N.Y.Ont.&W.— lat,g.,68,1914M&S
Mar'ta&N.Ga.— l8t,6s,g.,l»ll.J&J
J&J
N.Y.A.N.Eng.— Ist M., 7s, 1905J&J
1231*
Conaol., Hb, 1937
109
IstM., 68,1905
114
J&J
Marq'tte Ho.& O.— Mar.&0.,88, '92
lom
2dm.,
1902
K&A
6s,
105
1908
6s,
97i»
J&D
2d 68 (scaled to Ss)
F&A
981a
68,1923 (extension)
96
N.Y.Pa.A O.— let, inc.,acc.7a.l905ie 38
39
68, 1925 (Mary. & West.).. J&D
126
do
priorlleu,iuc.ac.,o-69,'95 ellO
111
Memph.* Charl.— lst,7s, 1915.J&J
126
J&J
Equip.
94
extended
Tfuat,
M&N]c
58,1908
96
7s,
mort.,
2d
J&J
2d mort. ino
Ic
7
8
latoonsol. 78, 1915
126
J&J
7a,1915
\e
lien,
3d
mort.
ino
3^
Tenn.
3%
cona..
Ist.
105
J&J
Leased L. rental trust, per deb. 48! e 85
87
Gold, 68, 1924
J&J
,11458
43
1908.
1876..J&j;c
48
Elev.—
Ist,
68,
West.
ext.
oerttts,
88,
Metrop'n
10813
M&N
do
48
do
7s, guar. Eriee 43
2d 6s, 1899
Mexican Cent.— lat, 4s, 1911.. J&J i 671s 67% N.Y. Phil. & Nor.— 1st, 1923 ..J&J| 103 >«
701s 71
N.Y.Susq. & W.-Deb. 63, '97. F&A
Bond scrip
20 14 201s
let refund., 58,1937
J&J 941a 95
Incomes, 1911
A&O S104 10-1 1« 2d mort., 4is8, 1937
76
F&A 73
Debenture 10s, 1890-95
610014
la
100
J&J
Midl'd
114 114%
of
1889
N.
J.-lat,68,1910.A&O
Scrip 10s.
41% 421s N. Y. Wood.& Rock 2d inc. 1912..
Mexican Nat.— 1st, 6s, 1912 ..A&O
9713
Norf'k&W.—Gen'lM.. 68,1931 M&N 119 13 1201*
New 1st mort. 68
New River lat 6a, 1932
A&O
Mich. Cent.— Consol.,78, 1902.M&N 130
109""
111
nils
M&N
Impr. & Exten., 6b. 1934
1902
F&A
ConaoL 5s,
105
Ad)U8tmeut 7a, 1924
Q.— M. 11 2 "a
Ist M. on Air Line, 8s, 1890. J&J 5104
^V..
guar..
.M&N,
Equipment,
1031a
1908
JvD
5e,
Air Line, IstM., 88,
M&SI 120'a 1221s
Conv. deb., 6a, 1894
J&J
93
68, 1909
M&SJ 1131s
Norf'k&Petersb.,2d,83, '93. J&J 112
..-•«
58, coup., 1931
Kalamazoo&S.H.,lst.88,'90.M&N 5 02 ij 103
80. Side, Va., ext. 5-6-88,'69-190O 106
2dM.,ext..=i-6s,'8t)-1900 104
J.L.&Sag.NorthExt.,8a,'90.M&N|
do
Cons.latM.,88,'91.M&S:5108ia 109
do
3d M.. 6s, '96-1900.,J&J 101
do
106
M&S
lC6's
Va.&Tenn., 4th M.,88, lOOO.J&J 123
do
68,1891
do
extended 5s,1900.J&J 103
Joliet & N.Ind..l8t,78 (guar.M.C.) 120
..M&N
North Penn.—lst,78, 1896
M&N 110
Mich. & Ohio— Ist, 6s, 1923
"98" 101
Gen. mort., 7s, 1903
Midd. Un. & Wat. Gap— 1st mort..
J&J 128
75
80
New loan, 6s, reg., 1905
M&S
2d mort. Ss. quar. N.Y. S. & W..
Mll.L.Sh.&West.—l8t63, 1921. M&N 117i« 120
Northeast.,8.C.— latM.,88,'99,M.*;S 12!<
F&A 891a 92
2d mort., 8a, 1899
.M&8 127
Conv. deb. 58, 1907
Northern, Cal.— lat, 68, 1907. .J&J
Mich. Div., 1st, 6a, 1924
J&J 113 115
Northern Cent.— 4ia per cent. .J&J io-iii
Ashland Div., 1st 63, 1925. .M&S
i03'
3d mort., 68,1900
A&O 120
1st, incomes
118
88 100
Con. mort., 68, g., coup., 1900.J&J
St. P.E. &Gr. Tr'k, l8t,gnar., 68.
11,9
Mort. bds., 58, 1926, series A J&J i'lOH
MU. & No.— lat, 6a, 1910.. ..J&D
108
110
series B
do
lat, 6s, on extension 1913. .J&D io7" 110
94 105
Con. mort, stg. 6s, g., 1904... J&J el09 111
INQnn'p. & St. L.— Ist M., 1927.J&L
i909.J&D 80
North. Pac, P. D'O Div.— 68, M&S. 103
1st M., Iowa City&
90
J&J 60
Mo. Div. 68, 1919
M&N
2d mort., 7s, 1891
77
Southwest.Ext.,l8t,78,1910.J&D
Gen'l 1. g., let, 68. 1921
J&J iV(3% 116'fe
90
Pacitic Ext., Ist, 6a. 1921.. A&O
Gen. land gr.,2d. 6B, 1933... A&O 110
931*
Imp.&Equip. 6b, 1922
J&J 52
Gen. lanlgr.,Sd, 68, 1937. ..J&D
93
98
100
Dividend scrip ext
Minn'p. A Pac, Ist, 5a. 1936. J&J
J&J
90
92
Minn. 8. Ste. M. & Atl.-lst,5s,lfl26
James Riv.Val.— lBt,g.,68,'36J&J 10313
'"'
102
Spokane & Pal., lat 6a,1936.M&N 101
95
.Minn. & N. W.— lat, 58, 1934. .J&J
gt,.P.& Nor.Pac gen.68,1923.F&A 115
Miss.&Tenn.— Ist M., 88,serie8 "A" 120
J&J 110
Helena&RedMt.lst,6^,1937JI&S
8b, 8Briea"B"
101
95
Dul. &Man.. 1st, tis, 1936. ..J&J
Mo.K:. & Tex.f!on8.78.. 1904-6. F&A
96
lOlift.
J&D 6.5-8
Dak. Div., let. s.f. 68, 1937. J&D
Consolidated 68. 1920
J&D 61
Consolidated 5s, 1920
Hel. B. Val. &B.,l8t,68,1937M&N
Drum. & Pet., Ist, 5e, 1937..J&D
2d mort., income, 6s, 1911. .A&O
Hel^na&N'rth — lst.5e,1937..l&D
Ist, 68. g., 1899. (U. P. S.Br.)J&J
Han. & C. Mo., Ist 7a, g.,'90.M&N
La. M.&Mo. R., let, .5b,1'3 7. JjtD
1061a
1041*
North. Pac. Ter. Co. -l8t,68,'33. J&J
Mo. Pac—Consol. 6e, 1920... M&N 113
Norw'h&Worc'r- Ist M., 6a.'97. J&.i 112 113
2d mort., 78, 1891
J&J 106 107
Car. B., 1st mort., Gs, g. '93..A&0
Ogd'U3b'g&L.Ch.— lat M.6a,'97, J&J .101 lOlis
IO419.
M&N 117 120
Sinking fund, 8a, 1890
M&ss 103
3d mortgage, 78,1906
M&S
Trust, cold, .Ss, 1917
Conaol. ,63, 1920
A&O §100 101
8
35
la
30
Verd.V.Ind.&W.,lsf,5s,l926M&S
102
Income, 38 <t6sl920
Leroy & C. Val., l8',5a.I926.J&J
Ohio&Miss.— Cona.,s.fd.78,'98 J&J llda 117
117
95
78,
He's
Mobile & Birm.— let. 58, 1937
Cons, mort.,
97
'98
J&J
Mobile&O.— lst,g'd,6B, 1927. J&O I1313
2d mort., 78, 1911
A&O 118
Collateral trust 6s, 1892 ....J&J lOJ
1st gen .58, 1932
J&D
Istmort, .Sprlngf.Div., 1905 M&N 108
Gen mort.. 4s, 1938
M&8 49%
Ohio River RR.— let. 5a, 1936.J&D 100
1st extension 6a, 1927
(3—
71
8t.L.& Cairo— 48, guar., 1931.J&J
Gen. gold, 58, 1937
73%
A&O fcO
Morg'n'eLa.&Tex.,l8t,6s,1920J&J llOii HI
OhioSouthern— l8t68, 1921...J&D lOlM . .
41%
41
Istmort., 7a, 1918
A&O 120
2d income, 69, 1921
Morris & Essex— 1st, 7s, 1914 M&S 143
Old Colony— 68, 1897
F&A §1'-1 i^^*'^
2d mort, 7b, 1891
F&A 107 14
6s, 1895
J&D §112 1121*
Bonds, 78, 1900
J&J 124
78, 1894
M&8 H14is|115
General mort., 78, 1901
A&O 1251a
4138, 1904
A&O §103% 1041*.
Con8oLmort.,78, 19J5
J&D 133 1« 13878 Bost.C.&Fitchb.,lst.7f-,'89-90J&J §101'» 102
Nashua & Lowell— 68, g., '93. F&A 5106 107
B. C. F. & N. B., 58, 1910 ..J&J Ullii 113
113
5a, 1900
5104 1051a
N. Bedford RR., 78, 1894.. J&.l §111
Nashv.Ch.& St.L.— 1st, 7s,1913 J&J 129
Omaha* St.L.— lat. 48, 1937. .J&J 73i4
2d mort., 6s, 1901
Orange Bt-lt— let mart., 68, 1907
J&J 1071a
Consolidated gold Sa. 1928. .A&O
J&J
69''b IOO14 Oreg.&Cal.— I8t58, 1927
Na8hv.& Decatur— lst,78,1900. J&J
Oregon&Trausoont.— 68,1922.M&N
fl9"6 lOO
Natchez Jack. & Col.— Ist, 7s. 1910
Osw.&Rome- l8tM.,7s, 1915.M&N §1-^3
New'kS'set&S.- Ist. 78, g..'S9.M&N
101
Panama^Sterl'gM.. 78. g. '97.A&0 el06 los"
N. J. Junction, 1st, is, 1986. .F&A
Sinking fuud sub., 6a, 1910. M&N
N. J. & N.Y.-lst, 69, 1910. ..M&N loo
Subsidy bonds, Eug. issue, 63
N. J.Southern- 1st M.,new 6s. J&J
99
Penn.RK.— Gen.M,6s,cp.,1910y—
N. O. & Gulf.— Ist, 68, 1926. .M&N
99 105
Cons, mort., 6s, 1905
O—
W
Springfield— 1 8,5s
G.— l8t,7s,1908 J&D,
Pleas. Hill & De Soto, 1 st, 78, 19071
K.C.Ft.Scott&
Kaileoad Bonds.
Ask.
Bid.
Ask.
•
Cll.
First Pa«;e of daotatlons.
120i« Maine Central— (Continued)—
Leeds & Fann'gt'n, 6a, 1896.J&J 5109
Portl. & K.,Con8. M., 6s, '95.A&0 §109
F&A 5105
Debenture, 68, 10-20
70
Man.Beaeh Imp.,iim.,7s,1909,M&8
II714
Ind. Bl.&W.— 1st, pf.,78, 1900J&J 114 II7I2
92!U 93
Istmort., 5-6, 1909.Tr. rec.A&O
71
2d mort., 5-6, 1909, Tr. rec.A&O H9
23I4 S3'8
Income, 1921, Tr. rec
92
East. Div., 68.1921. Tr.rec... J&D
921a
80
Ind. D.&W.— Gold, 53,1947.. A&O
so
2d m. inc. 5s, 1948
J&J
Ind. Deo.&Sp.— l8t,78,1906.A&0 lOlifl
Ind'poli8& St.L.- l8t,7s,1919.Var. 5112
& Gt.North.— lst,68,1919.M&N
M&S
Oonp. 68, 1909
Ionia & Lansing— iBt 88, '89. ..J&J
Iowa City& West.— 1 st,7s,1909M&S
Head of
Bid.
A&O 101
F&A 113
el08
Sterling, gen. M.,68, g., 1895. A&O ell2
J&D elOS
Sterling. 5a. 1905
Chic.St.&N.O.— let con. 78, 1897. 118
68, 1951, gold
at
I
A&O^
no late trdiitaoMoni;
1
t
yiu chaser also pays accrued interest.
CoUateriil trust, 4138, 1913. .J&D
Consol. 58, 1919
J&D
Penn. Co., 68, reg., 1907
O.—
do
lat JL, 4138, 1921.J&J
Penn.& N.Y.Can.- 1st. 78, '96. J&D
Ist mort., 73, 1906
J&D
Pensaeola & Atlantic-lst m..F&.\
115>»
130 1«
Peo. Dec. & Ev.— lat. 68, 1920. J&J
2d moitgitge. 5s, 1927
Evansville Div., 1st 6s,1920.M&s
73
Peo.& Pekiu Un.— lst,6s,1921.Q—
2dmort.4is8, 1921
y—
Perkiomen— C0U8.63,, 1913, sterling
Petersburg -Class A, 1926
J&J
Class B, 1926
A&O
Phila.& E.-Gen.guar.,6s,g.,'20. J&J el29
Consol. 5a, 19::0
A&O
&
1910.J&J
.\&o
Consol.M.,7s,1911,reg.&cp.J&D
Consol. mort., 6s, 1911
J&D
Phila.
Read'g— Ist, 68,
2d, 7s,lScl3
Improvemeut murt.,6s.
'97.
Cons. 58, 1st series, I9i2
Deferred income
!.«• i.ret. inc., Sn.eold. 19.=,8
eln Loudon.
II
Coupon
off.
A&O
M&N
« In
F
100
8b %
FraukforL
—
.
ACOV6T
18,
THE CHRONICLE.
iseai
195
QENKKAL QUOTATIONS OF STOOKS AND BONDS— CosjTistCKD.
For B«plan«Uoi>« Mee Mote*
R iilroa;>
Bid.
bomdi.
OoaKV
I..
Trust
88^ 89
A&O M02 103
Aitp 5100^ 110
105
JAl)
JAiJ lUO
U, 1921
i'»rts.
J&D
Pln(>Ciei'k-6ii, losa
118
PlttRb.C.t St.I,.— l9t,78,1900.F*A
Pltlsh.n.AT(>l.-lst,(;i<,
1922.A&0
Pltt,sli..\;Coiril9V.— l(!tM.78,'98.J.tJ 119
Stcilimt I'oiis. M. Gn,g.,K<i>>r.JiVJ el'.'S
Fittsh.Ft.W.
2.1 inort.,78,
J&J
1012
I46>a
AAO
Y.—
A West.— iRt.
FIttal).
Y.
A
134
120
4.<!.
7i^ 75
1017. J.tJ
Asll.- l8t..'58,l027.M&N
....
PortrnrtAOk'irK— l8tUs,R.,V900J&J §108
Port Royal & Aug.— lat.Gs, 'OO.JAJ 105
Income
120
130
& 0.-181,71,1912 Var 143
3(1 nil. It. .79, 1912
Pltt.Hli. iMcK.A
l8t.6s,1932.J4J
ritt.'t.
74^
63 '4
Kuar.,7«,'!l'J,ox-ci>.MAS
Biilt.-Cs, 1802..
A
1910
Bo,
74>4
J4J
rhlla. Wll.
68, 1!)00
iio"
S5
1800
J&.1
rott'>.(.i\.V.i:Con.-lH>'.l9^7.J&T>
niort., Gs,
IUII.BOAD BdNDI
Aak.
10t>« 102
Srnimlt Br.— l«t, 78. 1003
V.VO
uiul). A Kiie— l8t, 7s. 1897
Sttuli. Ha/,. A W-B.— 1 8t,5s,10a8M& N
mort,., 68, 1938
Sinli.
I.'Wistown, 7«,
& Petorsb,, (is, 1015.... MAN
New mort.. 78, 1015
MAN
BIcbiunnd York Rlr. A Ches., Sg...
MAN
Pitts.. l»t, 69.
Coneol. Ist, Gs, 1922
do
fionie
,\;
1897.F&A
1921...FiA
(Is,
A
Booh.
JAD
114
i)j^
Income. 1921
95
Carroll!.- l»t, t>«.g.,lPlfi
Rome A Bee— 1st. ,6$, 192H-.. JAD
BomeWafuAO.— 8.F.,78,1801..'Ai)
108''e
loo
r«. Cent.-l8t,8k.fd.,78,l»09.MAN
SO
60
MAN S3
l8t mort.,7«, 1911
Texas & New Orleans— Ist, 78. FAA
Bablne Dlv.. 1st, Gs. 1912. ..MAi^ 108
Tsx. A P.-Ea«t.D.lst68,1905.MAP IIOI4
JAD
lat gold. Bs, 21/00
01-8
Mcb
2d gold inc.. 58, '.iOOO
Tol.A.Ar.AN.M.— lat,69,1924.M&N'
05
Tol. A Ohio Cent.— 1st, 59, gu.lOS.J
Tol.Pcoria&W.— l8t.78,1917,tr.reo.
09!%,1C0
Tol. 8t.I..AK.C.,lst,C8,1916...JAD
0213'
do
II414
114
115
lid's
1151*
1021s
I2012
MAS
Bridge, storl. 88, g., '96. AAO
eI20
125
Col lat«ral trust, 68, 1909 ....JAJ
Collateral trust, 5s, 1907.. ..JAD
Kans. Pac, Ist, 68, 1895.... FAA
110
do l8tM., 6s, 1896
JAD 110
114
DeiiT.
Dlv.,
MAN
do
68
do 1st cons. M, 68,1919 MAN 109 10018
Oregon Short- L., Gs, 1922 .. FAA 10li>s 107
90
Utah Cen.— l8tM..G8, g.,1890.JAJ
UtahSo., gen.,78, 1903.... JAJ
931s
do ext,l9t,78,1009JAJ
95
.
MAN
103 >4
40
42
118
110
80
St. L. Souih., Isr. 4s. 1931. .MAS
ItO
fl[. L. Ark. A Tex.
st G8,1936.M&N
39
2d mort,, Gs, H-SG
FAA
103
et. LA Chic— ]8tcon.(;8,1027.JAJ
2d Income,
78,
1894
Dlv. bonds, 1894
BeUev.A8.ni.,l9t,B.F.8a,'96.AA()
Beilev.A Car.. Ist Gs, 1923. .JAI
>
I
Iron Mt.— l8t,78,'92..FAA 107^
1081*
2d mort., 78, (?.. 1807
Ark. Br. 1. gr., M., 78, g., '05.JAD 107
Cairo Ark. A T.,l8t,7s,g.,'07.JAD lots'*
CiiIroAFul.,l8t,l.g.,78,g.,'91.JAJ
Gen. con. r'y A 1. g., 59,1931.\AO
87>a
et.L.&8an Fr.— 2dcl. A,1906..MAN 117
117
«dM., class B, 190G
2d M., class C, 1906
M.S^ 117
Kan. C. A8w., l8t,6s.K.,1916..JAJ 100
Pierre C. A O. 1st, Gs
FAA
Be. L.
A
MAN
MAN
JAD
Equipment 7b. 1895
General mort.. Gs, 1931
JAJ
General inort.,5R. I!t31
JAJ
l«t trust, g.. 53, 1987
AAO
Ft.S.A V.B.Bd..l8t.6s, 1910.AAO
Bt.L.K.ASo.W. -1st Gs. 1916MAS
Kan. Mid., Ist, 4s. 1037
JAD
Trust bonds, (!8, 1920
FAA
8t. L. W. AW., Gs, 1919
M.kS'
et.L.Vand.AT.H.-lstM.,7a,'97..TAJ
2d mort., 78, 1808
MAN
2d. 78.enar., 08
MAN
108
Va.Midlaud-lst ser., 68,1000. MAS 117 118
MAS UGH 118
2d series, 6s, 1011
3d aeries, 5-Gs, lOlG
MAS 108 108
MAS 68 >«
4th series, 3-4-5s, 1021
90
5th aeries, Ss, 1926
MAS
Incomes, cumul., Gs, 1927... JAJ
90
Gen. .5s, guar.. 1936
M.fcN
83%
I
Wabash
St.
Louis
A
Paclflc-
FAA
1879-1909.Tr.vec. A&O
Mort., 7s,
2d mort., 78, ext. 1893, ex..
88
118
118
118
U5I9!
115
100 >s "98"'
851a
MAN
MAN
88
78,
FAA
111
89
73
Q'ncy ATol., l8t,7a,'90....M&N
F&A
m.A S.Ia.,l8t, Gs, 1912
Clev. Col. Cin.
AN. (r.est.AR.),78.MA8 111
do Om.Div.,l8t7e,1919.A&0
do Clar. Br.,6s, 1919..FAA
do No. Mo., Ist, 1395... JAJ 114
do St. Cha'8 Bridge 6s, 1908 1041s
Wab. Fund, 1907— Var. 79. F&A
Wirren (N.J.)— 2d, 7s, 1900 ..A40
West Chester— Con. 7.s, 1801. .AAO 1081s
1141a
1(6%
108 «
110
W. Jersey & At. l8t M.,G9l910MAS 106\
BtP.Minn.AMau.— Ist 78,1000 JAJ 113
West Jersey -1st, Gs, 1806
J&J 123
2d 69, 1009
A&O 123
Ist mort., 78, 1809
AAO 120^8
Dak. Ext.. 6s. 1910
Conaol. mort., 69, 1009
A&O
MAN
ll'ia West Shore— Guar. 4s
J&J[ 103
l8t oousol. Gs. 1933
JAJ
do
96 >s
WestVa C.APitts.— l8t,6s,1011JAJi 108
reduced to 4<«8 ..JAJ
Minn's U'n. 1st. fis, 1922
tvest'n Ala.— Ist M.. 88, '88... AAO 1C2
JAJ 110
871*,
Montana E»t., Ist, 48. 1937. JA1> 1-6
A&O 106
2d mort,, 88, guar., '00
lion's West.Maryl'J— 3d en.,G8, lOOO.JAJ 118
Montana Cent. —1st. Gs, 1937JAJ
91
West.N.Y.&Penn— Ist..58.1937J&J 9334
eanAut.AA.l'a8S..lst.G8,191G.JAJ
92
do
3B?l
2d m., 39 g.— 5e sc 1927 ...AAO
l9t,e8,)d2G.JAJ
921s
BanduskyMansf.A N.— Ist, 7s,1902 117
Warren A Fra-.k l8t,7s,0(! FAA
8»v. Fl. A W.— 1st. Gs. 1934. .A&o'
W'uNo.Caroliua-l8t,7s,180O.M&N ioiii
At. A Gulf. con. 7s, '07
Consol. 68, 1911
J&J 83
J<tJ i'ii'
So. Ga. AFIa.— let, 7s, 1890
115
West'nPeuu.— lat M.,G8, '93. .A&O 110
2d, 7", 1699
JAJ 109
MAN 110
Pitts. Br., 1st M.. 6s, '96
Bealioard A Ko m.— Ba, 1916. FAA
WheeliiigA L. Erie— lst,5s,...19-.i6
58. roup.. l;26
Wichita & Western— Ist, 6s. ...JAJ
I&J
8eat.L.8.AE.— lst.gol(l,Gs,Til.FAA j »;is
117
Wilm. Columbia A Augusta, Gs
eoloto Val.— 181.78. sink'gfd.. JAJ; 95
Wil.A Weldou— 8. F.. 7s, g., '90. J&J 119
2dmort.,78, sink'gfd
Wiiiona&3.*.-lBt,Gj.g.,li>28.AAO
AAOl
Con6ol.78. HilO
Wisconsin Cent.— new 1st, 08
Ji-J
5 80
Bhaui. SiiuALew.— l-t,.'i8,'12MAN
411*
lucomea, non-cum., 58
8ham.V.Al'(.rt.'<.-7.s. (Oil. 1001 JAJ
Wis. Vallev— l8t,7s, 1909
J&J U22ia
enenandoau Val. -lst.7s,1000.JAJ
Worc'r&Nashii:i— 58,'93-'05.. Var. 4i03
General mort., 6a. 1921
AAO
Nash. A Koch.. eiiar..59.'94.AAO 5l02is
Bhreve. A Ilotin.— Ist. Cs, gu., 1914
Zunes. A Ohio K — lst.6j.19Ui F&.A
eioox C. A Pac, 1st M., Gs.'98.JAJ
.'STOCKS.
Par.
Bodus BayA So.— l8t,58,g.,1924 JAJ
A.ia. Gt. South.- Um.,A., 6a,pref.. e 10
So. Carolina— 1st M.,Gs,l920. A&O
e
Lim., B, com
3
2d mort., 68, 1931
e
1
Ala. N. O. A Pac, Ac, pre!
JAJ
Income 6a, 1931
i6
do
do
def... e
Bo. Ceu. (N.Y.)— Con.Rol. mort.', Ss!
Albany A 8n9(iaeh., Guar., 7.. .100 143
ooulli. Kansas-lst, 5s, 19.'B..MAS
Allegheny Valley
50
Texas Dlv., 1st, fa, 1026. ...MAS
Atchison Topeka A Santa Fe.. 100
8738
Income, Gs
100
Atlanta A Charlotte Air Line
86
9I3
Bj.Pac,Cal.-l8t,68,g., 1905-12 AAO
Atlantic & Pacitlc
100
Bo. Pac. Aril.— l8t,Ga,190910. JAJ
\ugu9ta A Savannah, leased. ..100 130
Bo. Pac. N. M.-l8t, Gs, 1911 .JAJ
100 95
Baltimore A Ohio
BUteu Isl. Rapid Trans.- Ist mort.
l8t pref.,6....1O01
do
Bteubeii. A ind., Ist Gs, 1914. .JAJ
2d, pref
100;
do
Btock. A C op —Ist. .5.S. l!)n.-i
100'
Parkersburff
JtJ
«t. P.
A Duluth— l9t, 5s.1031.FAA
.
§
24
13
11
12
111
Purchuor also para accrued Intereat.
e
In Loudon
1
Coupon
oS.
IIH
12H
81s
9458
40
A
"4
40
92
lOiH
ll?!*;
49I*
IH
41
92>a
6i«
40
90
721s 7211,
112
111
iisviisv
14313I145
IO718 108i«
Ills 13>«
3313 36
40
108
38
74
771s
45
ISH
50
2%
4%
551s
40^
10914
40
7«
80
30
19
52
314
5^
33%
57
10
31
1721a
27% 20 14
10
140 142
143 T55
llOislll
194 195
100
50
100
100
1 00
50
70
164
Western
.
120
lo4
85
134
8
lllk 112
50 138%
ISH
100
50
dJ
prof. 100
do
161s
Western.
100
Rio
Grando
Denver A
100
Des Moines A Fort Dodge
100
Pref..
do
do
Det. Lansing A Northern, com 100 "si"
83
Pref. 100
do
do
100
Dubuque A Sioux City
Duluth 80. Sh. A Atl
21
Pref
do
10
lou
East Tenn. Va. A Ga. Ry
68 is
Isc pref.. 100
do
do
244
2d prat... 100
do
do
50 » 5*
East Pennsylvania
East & West, Alabama
lOO] 118
Eastern (Mass.)
100 "
Pref
do
100
Eastern in N. H
100
Elizabeth Lox. A Big Sandy
50
ElmlraA Williamsport. 5
Pref., 7.. 50
do
50
Evansvllle & Terre Haute
100
Fitohburg. Pref
lOj
Flint A Pere Marquette
Pref... 100
do
do
100
Port Worth A Denver C
Oalv. Harrisb. A San Antonio
Georgia Pacific
Georgia Railrosid & Bank'g Co. 100
Qraud Rapids A Indiana
Green Bay Winona A St. Paul. .100
do
Pref. ...100
do
100
Houston A Texas Central
50
Huntingdon A Broad Top
Pref... 50
do
do
100
nilnoia Central
Ixaiied line. 4 t>. e. 1 OO
do
103 14 Delaware Lack.
107
Denv. A Rio Gr
30
111%
49
lndtanapoUg..l00
Connecticut River
35%
13Vi
132
Danbury A Norwalk
Dayton A Michigan, guar., 3is..50
Pref., guar., 8.50
do
100
Delaware A Bound Brook
138%
21
52
"9"
25
45
88>«
7%
23
IOI9
70
25
I
891s
411s
123
103
104
03
UAILKOAU
nomioaL
50
Canton
do
Columbia A Green ville,piei
Concord
Concord A Port9mouth,guar.,7
Coimecticut & Passumpaio
1
* Price
88%
4813
35 14
Columbus
,
. .
A
43
88
50
C(Kur (I'Alene
50
A Xenia, guar., 8
...100
Col. Hock. Val. A Tol
8t.L.K.C.
100
A
7%
9
30
Pref..
do
50 158 14
Clev. A Pittsburgh, guar., 7
Cleveland
-«
118
8
20 ••
20
42
Cliic. Div., 5s,
..MAN
•
6
Gen.. 6a, 1920, Tr. reo
Gt. West.,IU.,l8t,7s,'88
do
2d, 7a, '93..
&4^i
89
111*
88
4
117
Ctn. Indianap. St. Louis A Chio.lOO
1883
121fl
Cluoinuatl N. O. A Tex. Pac. ...100
JAD 36
50
1910 Tr. reo. JAJ
89% Cin. Sandusky A Cleveland
Pref., 6.50
do
Havana Dlv., Gs, 1910
JAji
Cincinnati & Springfield
Indiauap. Dlv., Gs, 19?.l ....J&D
100
Detroit Div..G9. 1921 Tr. rec.IAJ 110
Cin. Washington A Bait
pref.. 100
do
Con8.mort..7s,1907,<sonvert.Ci-F
86
87
100 a
Cleveland Akron A Col
FAA 110
l8t. St.L. div.,V8, 1889
Equipment
104^
112
l8t,ex.,78,'90
57 1«
eo
:
.
MAV
AAO
MAN
U5
54
I
.
:
5
43% 44
100
SO
100
Canada Sonthern
100
Canadian Paciflo
30
Catawlssa
SO
lat pref
do
50
2dpref
do
100
Cedar Falls A Minnesota
100
Central of Georgia
Central Iowa. 4tli assesiu't pd.lOO
100
Central Maaaachusetts
pref... 100
do
100
iCentralof New Jersey
50
ICentralOhio
50
Pref
do
100
Central Pacilio
100
Cniarlotte Col. A Aug
Chesapeake A Ohio. reor. cert. 100
prer.
do
100
do
Ist
do
2d pref. do ....100
100
pref
Cheshire,
100
Chicago & Alton
Beneticiury
Atlantic
Chicago A
Chicag(y Burlington & North.. IOC
Chicago Burlington & Quincy..l00
Chicago & Canada Southern.
100
Chioago A East. lUlnois
pref
100
do
Trunk
Chicago A Grand
Chioago & Ind. Coal Railway. .100
do pref.. 100
do
Chicago Milwaukee A St. Paul. 100
pref., 7. loo
do
100
(Chicago & North Western
Pref., 7.. 100
do
Chicago Rock Island A Pac ..100
100
Chic St. Louis A Pitts
pref
100
do
Ohio. St. P. Minn. A Om., com. .100
pref.. 100
do
100
Chicago A West Michigan
100
Cin. Hamilton A Dayton
mort., 78, 1892
JAJ 107
COHROl., Ist ex. 5p, 1022. ...A&O 1074 1071« Utlca A Bl'k R.— Mort., 78. '91 JAJ 51041s
Batlan.i— Ist M.. Gs, 1902. ...M.VN il08i, 10f% Valley of Ohio-Con. Gs, 1921. MA.S
1051s
5103" 105
96
97
Ver. A Mass.— Guar. 58, 1903
Eiialjnuenl. 2d mort., 58
FirA
Vi Jksb. A Mor.— Ist, Ca, 1921.
90
mt Jo. (&Or. Isl'd— lst.!tuar.G8,1925. 104 >£
42
2d, 4-Gs. 1921
40
47
2d mort.. Incomes, 5s, 1925
II4I9
3d, tncorae, 78. 1921
4
5%
at.L.Alt.AT.H.— 1st M.,7s, '94.JAJ 113
1081* Vlcksb. Sh. A Pac Prior lien, 6». cl07
109
2d mort.,pref.. 7s, 1894
FA A
2<1
S8I4
100
pref
California Paoitio
California Southern
Camden A Atlantic, Pret
99
Uulted CVsN.J.— Con8.,68,'94.A&0
FAA 104
do
p.u. 4s, 1023
MAS ellO 112
S'-erllng i;.ort.,6s, 1894
MAS cl23 124
68,1901
do
Cam. A Amb.,mort., Gs, '89.MAN I04i<
n.
....60
Burlington C. RapidsA North. .100
113!«e
A^k.
15
50 1
M>e
100 75
A 80. III., prof
103 109
100
Buston & Albany
104
Boat. Con. A Montreal. Pref., 8.100 103
26
Boston HooaaoTun. A Western
100 163 164
Boston A Lowell
214%
215
100
Boston A Maine
Boston A N. Y. Air- Line, pref ..100 100i« 101
100 238 240
Boston A Providence
Boston Kev(ire Beach A Lynn.. 100 16014 161
33
37
Brooklyn Elevated., new
100 75
Brooklyn A Moutauk
05
100
Pref
do
100 33
Buiralo Rochester A Plttsb
101
iUsia 107
Bid.
SO
Bell's Gap
Bflievlllo
44I4
44
Tol,A.A.AOr.T.,lst.fia,l921.JAJ
Tol.A.A.A M.P..lst,6s.l9lO.MA3
T0I.A.A.& Cal.,lBt,64,1917.MA^
O
110
100
93
115
116
90
117
1890. .JAJ
A
niz"*
Saap.B.AErloJimo.— l8tM.,7«
Srr.Blng.&N.Y.-oonsol.rs.'OeAAO 136% 136!^
Sink. F., 88, 1893
Blcli.
luort.,6B
Rich. A West Pt.Ter.,
Rait^boad Stooxi.
Be«oli Creek
do
prel
lis
103 >«
MAN
2d
14G
61
"eiii
Ricird.V- AUcsh— l8t, 78, trust reo.
Union Paciflo-l8t, Gs, g.,1896. J&.)
ElcliM A Diinv.-Con.,69 •90..M&N 103
JAJ
114
Ist, Gs, 1807
Oeiiond niort., fis. 1915
J&J
Ist. Gs, 1S98
JAJ
I)i\>ciiiiiri', OS. 1027
A&O 83 99
6s.
JAJ
88>4
1st,
1899
Cn. ^'.1.1. ?8, 193H
A&(> tnht
I.*nd Grant, 78, 1887-9
AAO
Blch.l'Ve(l..fc Pot.-M.79, '81-904*J
Beu.A.S'iova—lst 79,1921 oou.M.tN
2(1
A«k.
Bid.
JAJ
Plillailc-I.* nciirtlnit— (Oonllnued)—
2(1 l>ri r. In<\, R». KoM. 1»58....F
Silpref. Inc., fs, »;cilil. 1958. ...K
Ki'ii. iiinrt.. 4s, 1058...
New
of Vint Pa^e of Qnotatlom.
at H»»<l
11
4
11*
38
150
8719'
I
90
9%
132
100
125
116
1
* Prlo« per share.
I
In Frankfort,
a In Amsterdam.
.
.
.
5
1
THE CHRONICLE.
196
[Vol.
XLVn,
QSN^SRA.L QUOTATION'S OP STOCKS AJID BONDS— Continued.
For Kxplanatlopg See Notea at Head of First Page of qnatatlona.
RAItSOAS STOCKS.
Incl.B.&W.,a8e.pd.lOO
Jeft.M.&Iiid.,rd.lOO
Kanawha &
15
7
St. L.
St. Louis
45
30
o
do
77
138
50
35
10
I*lieErie <feW....100
do
Pref. 100
L. ah.* Mich. 80.. 100
Lehigh Valley
50
Little Miami
50
Little Bock & Ft.
Little Schu'k'l
Em.
50
50
Lou.Evaus.&St. L.lOO
Seab'dA EoanokelOO
100
South Carolina
do.
<St
Pref. 100
Nashv-.lOO
LoulBT.N.A.&Chic.lOO
Mahoning Coal RK.50
do
Pief.SO
Maine Central
100
Man. <tLaw'ce....l00
8
26
Southern Pac. Co.. 100
17>s S'we8t.,Ga.,g'd, 7.100 123
S0i8 5019 Syr.Bing. & N. Y.lOO
lOia
P6>4 Summit Branch, Pa. 50
96
Sunbury & Lewist..50 50
8 fS's 51
70
rerre H. & Ind'nap.50
I6714
24%
50
Texas APaeiflc... 100
24
Tex.Pao.Land Tr't 100
« 65»«
32
17
Long Island
Lonisv.
. .
.
.
pref. .100
Klngst'n&Pembr'keSO
Chicago
pref
34
Ann Arbor & N.M
Pol.
93>s
& Ohio Cent'1.100
Pref.lOO
do
Peor. & Western
Tol.
&9
39
33
100
129
214
9m
Manhattan, con... 100
Marq. H. &Ont.. .100
18H
89
do
Pref. .100
Memph.& Charl
25
15
Mexican Central ..100
K%
Mexican Nat., Tr. rec.
28I4
Mex. Nat. Const r. Co.
KHSfi
Michigan Cent
100
•ZH
Midland of New Jersey
55
Mil. Lake 8. &W..100
90
do
pref. 100
Mil. & Northern. 100
Mine Hill & 8. H.... 50 69ifl
GH
Mlnneap.ife 8t. L..100
do
Pref... 100
14
IS^s
Misso'lKan.&Tex.lOO
Missouri Pacific... 100
80%
10i«
MoMle&Ohlo
100
123ii
Morgan's La.&Tex.lOO
Morris & E'x, gu.,7.50 144
NashT.Chat.A St. L.25
83
Naahua & Lowell. .100 190
N'squehonlng Vall'y50 » 64
Hew Jersey i&N.Y. ICO
3^
do
Pref. 100
10
N. News &MiS8.V«l.Co
8^8
S.Y.Cent.& H.Rlv.lOO IO714
IVig
H.Y.Ch.&St.L.newlOO
do
Ist pref. 100
71>s
do
37
2d pref. 100
K. Y. & Harlem .... 50 228
N.Y.Lack.&West...lOO 108
K.Y.L.Erie& West. 100
27 %
do
61
Pref.lOO
N.Y.& N.England. 100 4258
do
Pref.lOO 117
K.Y.N H.&Hartf.lCO 230
New York & Northern 10
20
Pref.
I6I4
».Y. Ont. &West..l00
^f Y. Penn. & Ohio ...
M
do
>4
Pref.
. .
COAL
12
S5
Cameron IronACoalSO
22
40
Sc
Bid.
STOCKS,
Colorado Coal
1. 100
AHook.lOO.OAI.
Consol.Coal of Md.lOO
Homestake Min'g.lOO
Col.
A Wilkesb.Coal
Marshall Cons. Coal..
Lehigh
Maryland Coal.... 100
New Central Coal .100
23
20
10
18
13
11
10
4512
EXPRESS ST'CKS
191a
92
Tol.
14
TEti'FH STOCKS
22
14
13
13
29
«6!ti
Commercial Tel.
12
Wabashat.L.&Pac.lOO
Ills
Franklin
14%' Gold A Stock
26%
265g
77I4
W. End pref. (Bos.) 50
50 s 61
West Jersey
48
West Jersey & Atl. .50
Western Maryland.50 10
.
6H
=8
Co.pf.
100
100
100 165
Mexican
95
7712 N. Y. Mutual Un.TeL.
96%
Mutual Union 6s....
N'west.. 7b. 1904 J&J 105
32
14
Postal T. Cable, new.
TELEPHONE
84
195
Lehigh Nav.938
107%
RR. 6s, reg., '97.Q-F
Oonv 6s,g.rg.'94M&8
1758
721s
68,g.,cp.Arg..'97JAD
38
235
110
28
64
ELECTRIC
LIGHT STOCKS.
1421a
110
115
109
114
128
74
Cons.M.,1911 78JAD
Penn.— 6s, coup., 1910
CANAL STOCKS.
100
Brush, Bait
1121s Brush lUuminat'g 100
130
75
Edison
Edison Illiunlnatlng..
United States
United States ni. Co..
TRUST
Chesapeake A Del.. 50
Del. A Hudson. ...100
1181a
Del Dlv. leased, 8 .. 50
42'8 Lehigh Navigation. .50
119
100
Moms, guar., 4
235
do pf.,guar.l0..100
13
.
33
95
102
170
97
97%
Silver
Iron Silver
102
Mexican G.
2-30
M AM
Monitor
Navato
North Belle Isle
Ophir
Osceola (copper)
Trust ...100 290
200
100
1
•09
10
04
4^75
•10
•24
•20
•80
100
2^00
2^40
'2 •00
100
Yellow Jacket
BOSTON MINING
2-15
2-50
100 110
•08
,
300
72-00
10
50
100
Standard
Sutro Tunnel
Union Consol
1-00
4-00
•11
50
Silver Cliff.
Silver King
Utah
25
3 30
•70
'i-eo
2^50
4-50
19^50
2-75
7-00
2^00
100
(copper)
Savage
SlerraNevada
•09
2-45
100
315
1-15
STOCKS.5
2% 3
25
16% 17
25
48% 49
Mon. (Copper)
5
3
Brunsw'k Antimony.
Calumet A Hecla...25 x265 287
Allouez
itlantic
Bost. A
CO.'S
BR'KLYN
HORSE RRS.
A Silv.lOO
Little Chief
Little Pitts
Robinson Consol..
Am. Loan A Trust.lOO
N.Y.
'07
-35
'21
Lead vllle Consol
100
150
90
40
95
2-00
3-70
20
10
10
50
Lacrosse
Mono
-12
-75
2-55
•33
75
Horn
Red Elephant
85
300
3-00
2-25
Gould A Curry 8. .100
Green Mountain
10
Hale ANoroross. .100 'V-SO
60
3-40
19-00
Franklin (copper)
105
. .
Catalpa Silver
Central
300
FrankUn
Huron
Central
MAS
58, 5 years
3-00
1-20
Eureka Consol.... 100
Father Do Smet .. 100
STOCKS, N.Y.
49% Brooklyn
100
1-50
42
Plymouth Consol
8259 82% Potosi
llOia 11918 Qulney (copper)
95% 961a Kappahanock
90
100
^25
-80
PewaWc
100
1-25
'80
100
100
Brunswick
Bulwer
ElCristo
100 230 231
American BeU
82% 85 Amer. Speaking... 100 100
Ches.&Del.-lst, 6s,'86
32
321a
121s Erie
Ches.&O.— 6s, '70.Q.-J
li«
1
Mexican
Del. & H.— 78, '91.J&J 107
43ia 44
New England
iBtext., 1891. .MAN 109
750.
II512
10
50o
Tropical
Coup. 7s. 1894. AAO
4i«s, '14
100
^25
110
77
143
CANAL BONDS.
l8t Pa.D.cp.,7s,M&8
'55
100
Bodie
Breece
Dunkin
!
145
FRAN.)
BeUe Isle
Best* Belcher
151
.
1212 131s 80. Tel., 1st mort. b'ds
West. N.Y.& Penn.lOO
58% 59 South'n A Atlantic. 25
Wheel. & L.E.pref. 100
114
Western Union.... 100
Wll. Coliunbla & A.l 00
714 WUm. & Weldon, 7.100 105
120
78, 1900. M. AN....
I8I4 I8I9
CoUat. trust, 58
16
Wisconsin Central 100
38% 39
131a
Pref.lOO
do
STOCKS.
81>4 Wor.Nash.A Roch.lOO 129
130
12
16
25
90
96
Bonds
ABk.
100
2^50
Caledonia B. H.... 100
11
Cal'm'tAHecla(copp'r) 263
40
Consol. California. 100
7'25
-20
291a Chrysolite
50
1'75
Chollar
100
461a Consol. Pacific
100
3-O0
Crown Point
100
AND
pref...
do
Virginia Midland . . 100
Pref.lOO
15=4
do
'JM Warr'n (N.J,) ,l'8'd,7.50
Y. Phil. & Norf.lOO
N.Y.Busq.A West'nlOO
do
Pref.lOO
_
S.Y. Wc8t8hore&B..
2
Horf.&West,, com.lOO
19
18
do
pref.lOO
50
No. Pennsylvania. .50
831a
Northern (Central
50 1« 70
North'n N. Hamp.ioo 142
143
North'n Pac, com 100
25 14 3511
do
Pref.lOO
56'8 5714
Norw.iJt Worcester, loci 1781s 180
Ogd. 4 L. Champ. 100
11
10
Onlo&Miss
100
231s 24
do
Pref. 100
82
79
Ohio Southern
1 00
13
14
Old Colony
100 168% 169
Oregon Short LinelOO 30
32
Oregon Traus-ContlOO
261a 26%
Pennsylvania RR. .50
5414 541s
Pensacola & Atlantic
513
Peoria Dec. & Ev. 100
2258
22
Petersbiu'g
100
69
65
Phlla. AErie
50 »
29
Phil. Germ. & Nor.. 50 «121
jr.
24
Barcelona
Bassick
17i« 20
BONDS,
13 American Dist.Tol.lOO
a.N.J.EKAO. Co.lOO «221ia 222
43
8II4
300 e0i4 60i« American Tel. A Cable 80
41
0nlon Pacific
46
Atlantic A Pacific st'k
100
atah Central
120'
14
2
Bank's A Merch'ts.lOO
130
Utica &BlackKiv.l00
3ia
5
Qenei'almort. cert..
216
Vt.& Mass.,l'8ed,6.100 135 136
112
38 Cent. A 80. Am. Cable 106
92^4 Vlcksb. & Meridian
59%
Bid.
Deadwood
100 147
25
Adams
100 109
25
American
76
25 Hi United States
100
33
Wells. Fargo & Co.lOO 137
100 575
Farmers' Loan A Tr.25 460
100 136
Knickerbocker
mSC'LLANEOVS
100 161
22
Long Island
BONDS.
16>« Am.Wat'rW.Co.,lst,6s
Mercantile
v. .100 210
Metropolitan, .. ..100 170
0anton(Balt.)6s,g., '04
N. Y. Guar. A Ind..lOO 115
Un.RR.,lst,end.,68. 112
N. Y.Llfe A Trust.lOO 580
Col.CoalA Iron— lst,68 1031a 105
100 550
Union
9%
Col A Hock. C. A I., 6s
100 580
3334 31
Cov.ACin.Bge. 58,3-5y 100 lOOij United States
.
(N. Y. A SAN.
Alice
Alta Montana
35
36=8
Ontario
Wyoming Val.Coal.lOO
50
37
N.lf.
A
Miscellaneous,.
MINING STOCKS5
3
8il. Min'g. 100
Pennsylvania Coal. 50 280
8ia
81a (Quicksilver Min'g.lOO
37
pref.lOO
27
do
29
125
Tenn.CoalAIronColOO
Whltebr'st FuelCo.lOO
11
Ask.
MINING
11%
51
Louis I, M. &80....
12
7
St. li. Van. &r. H
3II3
31
St. Louis & San Fr.lOO
721a
100
711a
do Pref
do 1st pref.lOO 113 114
6II3 63 la
it. Paul & Duluth.lOO
Pref.lOO 100 102
do
lOQia
100
1051a
St. P.Minn & Man
10
5
50
Boloto Valley
Keokuk* DesM.. IOC
Keokuk & West
&
do.
Miscellaneous.
Ask.
St.
5
75
11
Ark.A TexaslOO
2>4
& G.pf.lOO xl37
Kan.C.Meiu.& Bir.loO
KaD.C.Cl'n&Sp'd.lCO
Kan.City&Omalia...
Kentucky Central. 100
16
Bid.
Miscellaneous.
AbK.
70
Oliio
let pref.
2d pref.
do
do
Kan.C.Ft.S.&Mem.lOO
Kaii.C.rt.B
Bid.
142
Minnesota
National
Osceola
175
Pewabio
Quinoy
Ridge
Tamarack
10
25
25
25
25
25
25
25
25
25
25
MANUFACT'ING
600
STOCKS.
dc
19c.
210.
20
21
19% 20
5
1
2%
20
3
5%
3
3
20%
3%
1%
72% 73
IH
163
164
Am. Lineu (F.-vll Riv.) 880 890
100 108% 109
Amory (N. H.)
(See Local Securities iti
Hend'nBrldge6s,1931 110%
IO414
Chroxici.e each w'k.
Amoskeag (N.H.) 1000 2000 2010
Or. Imp., Ist, 68. 1910
Androscog'u (Mc.).lOO 115 118
except III ird of month)
Oreg.R.&N.lBt.Os.J&J i09'8 110
104
GAS STO<!KS.
Appleton (Mass.). 1000 676 630
Con. 58 1925 J.AD..
51% Atlantic (.Mass.)... 100 105 105%
Bait. Consol. Ga8, Ifew
Ocean 88. Co. 1 si guar ioi'i* 103
51
103
Boston Gaslight... 500 1015 1025 Barualiy (Fall Riv.)..
at. 1,. Bridge A Tun—
110
25
1st, 7b, g, 1929. AAO el36
East Boston ...,
39% 40 Barnard Mfg. (F.R.)..
iis"
100 110
85
100
Tenn.C.AI.—T'nn D.6b
Roxbury
Bates (Me.)
100 115 120
Bir. Div. l8t,68, 1917
Boott Cot. (Mas8.)1000| 1275 1290
871a South Boston
101
,msc'L.i.AiNi<:oc8
Brookline, Mass... 100 102
BorderCityMfg.(F.R.)l 128i« 130
STOCKS.
Cambridge, Mass.. 100 xl66 163
Boston Co.(Ma8S.)1000 970 980
165
261* 30
Amer. Bank Note Co..
112
Chel8ea,Ma8s
lOOi 110
Boston Belting.. ..100! 164
37i« 37% Dorchester,Ma88..100 xllO 111
Amer.Cotton Oil trusts
Bost. Duck (Mass.)700lll50 1160
100
8>4
Aspinwall Land
10
8% Jamaica Pl'n,Ma88l00 152 155 Ch.aoe (Fall Riv.) .100
714
Boston Land
10
7% Lawrence, Mass. ..100 129% 130 Chicopee (Mass.) ..100 105% 106
8i8 LoweU
Boston Water Power.
8
100 195 200
Cocheco (N.H.).. ..500 l05 410
T^ 8
Brookline (Ma83.)L'd5
I'^s
5
Lynn, Mass., G. L.. 100 114
Collins Co. (Conn.) 10
36%
36
Canton Co. (Bait.). 100 40
50
Maid. A Melrose. .100 xl07 109
iContinentaI(Me.). 100
67%
Cbv. a Cin. Bridge, pf. 175
210
NewtonAWat'n ..100x133 136 Cres't Mills (F.R.) 100
50
47
East Boston Land
4% 5 Salem, Mass
100 108>4 109
CrystalSpr. Bl.(F.B.)rhlla.&Read.a88.pd.50
6858 68% Frenchman's Bay Ld.
27
100
7%
(F.
B.)
Brooklyn,
L.
1
25
107
Mills
104
Davol
7''e
Voting Trust, cert..
SO'a 51
69%
69
Henderson Bridge Co.
100
Citizens', Brooklyn. 20
50 iDougl'8Axe(Mas8)100
Phlla. Wilm.A Bait. 50 a 54
55
Keeley Motor
4
Metropolitan, B'klyn.
82
80
Dwight (Mass.). .500 G30 700
Pitts. Cln. & St. L..50 » IOI4 20
60
Mauh'tt'n B'ch Co.lOO
10
80
11
Nassau, Brooklyn ..25 105 108
(Mass.). ..100
Everett
Pltts.Ft.W.* C.,guar.7 1511a 15112 Maverick Land
10
21a
3
People's, Brooklyn. 10
73 iF.R. Machine Co.. 100
72
Pittsb. & Western ..50
17
110
Mt.Des. AE.S.Land.5 2121a 2-37 Williamsb'K, B'klyn 50 125
128
Mills (F. R.) 100 107
FUnt
do.
Pref.. .50
35
93
N.E.Mtg.8eeur.(Bost.,
90
92
95
Charlest'n,S.C.,Gas.25
20
Franklin (Me.).... 100
Pltts.Young.&Asht.SO
115
N. Hampshire Laud 25
35o 50o. Chicago G. A Coke. 100 210
Sl'beY.MiilS(F.R.)100 113
do
Pref. ...50
"33%
215
N.Y.ATex.Ld.,Lim.50
Chicago Gas Trust
Granite(F.R.)....1000
32'a
Port.Saoo APorts.lBd 6 124
125
Land scrip
9:i% 93
Cincinnati Q. A Coke
182
181
Great Falls (N. H.)100
Port Royal & Augusta
4
Oregon Improvement.
65
071a Hartford, Ct., O. L..25
Hamilton (Mass.) 1000 775 790
24
Porto. Gt.F.& Con. 100 115
118
176
do
pref
100 105 108
Jer8eyC.AHobok'n20
r Hartf. Carpet (Ct.)lOO
172%
170
Rens. & Saratoga 100 1 60
170
94i« People's, Jersey C
85%
Oregon Ry .& N.Co. 100 93
85
70
100
am (Me)
Kloh. & Alleg., ass. pd.
7
10
Pacific Mail 88. Co.lOO
36>8 371s Ix)uT8vllle G. L
250
121
120
Solyoke
W.Power.
100
Bloh. F. & P., com. 100
;PhUadel. Co. Nat. Gas
975
80
93
Memphis
Gas
45
50
Jackson (N. H.).. 1000 960
Richmond & P'b'g.lOO 109 ill' Pipe Liue Certitiuates. 82% 82 % Central of N.Y
103
50 55
ting Philip (F. R.) 100
Bloh. & West PolntlOO
25'4 251$ Pullm'nPalaoeCarlOO I67I9 168% Consolidated, N.Y.IOO
7914 79%: Laoonia(Me)
400 460 470
do
Pref.. ..100
73
74
Ban Diego Land.
535
26
27
Equitable, N. Y
108
112
580
Lancaster
M.(N.H)400
Elohmond YorkR.&C. 90
StLouis B'dge,lstpref el05 107
96
Mutual of N. Y. ...100
90
95
L'rel Lake Mills (F. R.)
Borne W. & Ogd. 100 90
93
2d pref. certificates. e30
52
N. Orleans G.L. ..100
80
80% Lawrence (Mass.) 1000 1450 1460
Bntland
100
513
6
St. Louis Tunnel RR.. elOS
625
110
Portland, Mo., G. L.50
80
90
Lowell (Mass)
690 620
do
Pref., 7. .100
37
40
St. Louis Transfer Co.
141%
65
75
iSt.LouisGas
100
n2is 55
Lowell Bieaohery. 200 141
«t. Jos.&G'dlsl'd.lOO
14
16
Sui^ar ReHueries' Co
615
76
76ifl jLaclerte, St. Louis. 100 112
115
Lowell Maoh.Shop.500 605
Bt.LoulsAlt.&T.H.lOO
43
49
Union St'k Yds. ATr.Co 106 103 hSau Francisco Gas
64%
bi^
Lyman
56%
M.
(Mass.). 100
64
do
Pref.lOO
60
West End Land (Boat.) 241a 24% Iwash'tonCityG. L.20
40
404 Manchester (N.H.) 100 147%ll-18
Price nominal; no late transaotlons.
Purohaaer also pays accrued Interest.
s Quotation per share.
e In London.
6a. Co.,N.C.,58...1937
.
. .
.
,
I
.
.
.
.
.
. .
.
j
'
,
I
i
!
1
!
.
,
't
.
AOOVBT
5
.
THE CHRONICLE.
18, 1888.
197
QENEHA.L QUOTATIONS OP STOCKS AND BONDS—CoNOLaoBD.
For RKplanatlon* nee Note* at lload of Flrat Pajce of
HANUrAO'IKO STOCKS.
Bid.
BANK STOCKS.
Ask.
1000 xlOlO 1025
UO
89
MeoliaiilPH' (F. R.) 100
110
Merrliaiits' (F. R.) 100 108
Herrliua<'k(Ma8ii)1000 1100 1125
70
Hetacoiiivt (F.R.) .100
165
HlddleBnx (Mans.). 100 13S
»5
NaiT»gttiis'tt(F.R.)100
Nashua (N. H.).....">00 495' dOO
Naniiikca*; (Maas.JlO}
N. K. (ilii:^!.(Ma9S.)375
Nassau
Chlcaco.
American Kzch, Nat..
90
Atlas National
iOO
100
Ohloago Nat
1540 Oommcrclal Nat. 100
Paclllc (Mni)a.)...1000 153.'5
Xat...l00
1100
ContliiintuI
xlOSO
Pt'liporell (M».)
."SOO
116
First Natliinal
100
Poi'aRset iF. R.)...100
Rich. Bonl'iKl-.R.) 100 "is'ht 811s Fort Dearborn Nat
Hide and Leather. 100
Rolii'Hou (K. Kiv.) 1000
110
Merchants' Nat.. .100
8ai5iuii(ire(F. Rlv.) 100 108
38S
MetrniMiUtan Nat. 100
Baliuoii rulU(N.H.)300 225
20
2S
Bandw.Ula88(Mnss.)80
Nat. Mk. of Amer. 100
91
Nat.B'korniltiois.lOO
Shove (KallRlv.). 100
52i« Northwestern Nat. 100
Slatt(<(FaU Riv.).. 100
Union National
100
Btairor(l(KiillRiv.)]00 107
1120 Un.Stock Y'dsNat.lOO
Start: Mllls(N'.n.)10O0 1100
105
1'. R.j.lOO
103
T
Cincinnati.
Mass.) 1000 1000 1100 Atlas National
120
I
Cluclnuati National,.
-.I.M.HBSdOO 119
ii. V c. ,v\v.(F.R.)500* 850
Citizens' National
Uiiinn C.Mr. (F.R.) 100 222Si
Commercial Bank
112
WHniiianoa){(F.R.)100 110
Eiiultablo National..
55
45
W.iHhiMirfTuMass.jlOO
Filth National
50O
N(!Wiimik<t
2!I5
. .
.
1
Wit'ls, «. .M'e(Ct.)25
Wcctaiii...' (F. K.)100
40
WlUliu'tlo Uiien(Ct)25
York Co. (Me.)
750 1020
BANK STOCKS
First National
"52is
Citizens'
10
Com. & Farmers'.. 100
Fanuere' B'k of Md 30
Farmers'* Merch..40
National Lafayette..
Ohio Valley Nat'l
Second National
143
17
19^
191s Third National
OemianBank
Hartford
Western
132
32
59
58
Fanuers'.tPlauter8'25
46
45
First N at. of Bait 100 123
125
Franklin
60
S0>«
German American
110
Howard
1
lOii
10
Marine
30
40
36
Mechanics'
10
121a 13
Merchants'
100 132 135
National KxcU'ge. 100
People's
2u
1914 191s
Second National 100 150
Third National.. ..100
114
Dnlon
83I3
75
Weetei!!
20
31
.
<KtnaNat
American Nat
100
50
Charter Oak Nat.. 100
City
100
Connecticut Itiver 50
Far. & Meoh. Nat. 100
First Nat
100
Hartford Nat
100
Mercantile Nat .... 100
National Exchange. 50
Phoenix Nat
100
State
100
United States
100
Louiavllle.
B'nk of Commerce
. .
. .
Boston.
Atlantic
Atlas
Blackstone
Boston Nat
Boylston
Broadway
Banker Hill
Central
Olty
Oolumbtan
100
100
100
100
loO
lOO
100
100
100
100
100
Commerce
Commonwealth .. .100
Continental
100
Eagle
100
BUot
100
Everett
IOC
Ejohange
100
FBneuU Hall
100
First National
100
Jflret Ward
100
Fourth National.. 100
Preemans'
100
Slobe
100
Hamilton
100
Hide * J.«ather ... 100
Howard
100
Unooln
100
Mannfaoturers'.. .100
Market
100
Market(BriKhton).100
Massachusetts
250
Maverick
100
Mechanics' (8o.B.)100
Merchandise
100
Merchants'
100
Metropolitan
lOO
Monument
100
Mt. Vernon
100
Few England
100
North
100
North America
100
OldBoston
100
People's
100
Bedemption
100
Bepubllo
100
Bevere
,100
Bockland
loO
BeooDd Nat
lOO
Security
loo
BhawDint
100
hoe 4 Leather
100
•tote-100
5?"0lk
100
^rdNat
100
waders'
loo
rreuiont
lOO
Dp'ou
100
wa.ihlugton
loO
RTeliBter
lOo
Brooklyn.
Brooklyu
«rst>rational
Fulton
City National
Commercial
Long Island
*
100
50
40
50
60
Bank
Bank
of KentuckylOO
of LoulsvillelOO
131 -s
131
II8I4 lISis Citizens' National. 100
City Nat
100
l''all8 City TobaccolOO
Farmers' of Ky ...100
107"* 108
119^ 120
1331s 134
105
186
127
102 14
126
Farmers'
Oerman
130
German
227
128
130
100
100
Ins. Co.'s.lOO
100
National. 100
Kentucky Nat
100
lx>nisv. Banking Co.40
Masonic
100
Merchants' Nat. ..100
Northern of Ky ...100
People's
Bank
100
100
Second Nat
Secorily
Third National
Western
.
. .
.100
100
Ne«ir Orleans.
Bank of Commerce. 10
Canal & Banking. .100
1091s liO
931s
.
1021s (ierman
127
l'.i4is 125
134 137
119 120
lomi 102
124 125
94
93
1281s 129
140 lioia
95 1<
& Drov.
Mist Nat
187
225
Baitk Stocks.
Market
96
94
125
119
100
1251s Citizens'
100
1191a GermaiuaNat
HlbemiaNat
100
1071s 108
Louisiana Nat.. ..100
no's 111
92
100
921s Metropolitan
New
Merchants'
50 136
Merchants' Ezoh'e 50 118
11
[Metropolitan
100
Metropolis
100 235
50 163
1241s INassau
Hanover
Hudson River
100
100
Importers' & Tr...lOO
.lilrvlng
50
Leather Manufts. 100
50
.''Manhattan
.
.
I
Price nominal; no lat« teat saotlons.
142
131
12
N. T. Nat. Exch'gelOO
:
.
i
Commercial Union. A5
Guardian
80
Imperial Fire
2h
Lancashire F. A L. .25
London As8.Corp.12ij
Li V. * Lond. AGlobe. 2
North'n Fire & Life ..5
STOCK.S.
Baltimore.
American
Boston
<&
;3i
I
Cincinnati.
'Amazon
20
I
Aurora
I
IClnctnsatI
jCitizens'
Commercial
lEagle
Enterprise
166
Eureka
i
20
25
20
25
100
20
20
Home
100
50
Merchants'MutuallOO
Lafayette
240
242
279
125
75
130
80
1131s
ISO
100
25 >s 26%
78
80
157 162
5%
6%
54
34
56
42
40
56
38
87
43
41
& Tr.
40
81
66i*
75I4
881s
71
53
50ifl
110
16
19
100 117
100 82
100 119
100
New Ori'8 Ins. Ass'n 30
NewOrl's Ins. Co. 50
Mechanics'
.
.
Sun Mutual
Southern
Tentonla
Ne«v York.
1000
60
25
25
20
70
100
AlUance
American
Bowery
Broadway
Citizens'
City
Clinton
Commonwealth. ..100
100
40
100
30
50
Continental
Eagle
Empire City
EAjnange
Farragtit
Fire Association ..100
17
Firemen's
German-American 100
50
Germanla
50
Globe
25
Greenwich
100
Guardian
15
Hamilton
50
Hanover
Home
100
40
Howard
JeiTerson
30
Kings Co. (B'klyn) .20
Knickerbocker
30
Lafayette (B'klyn) .50
100
Liberty
Long Isl'd (B'klyn). 60
Mauuf & Builders'lOO
.
Mechanics' (B'klyn)50
Mercantile
50
Merchants'
50
Montauk
(B'klyn).. 50
Nassau (B'klyn).... 50
National
N. Y. Equitable
New York
37i«
35
Fire.... 100
50
25
25
100
Niagara
North River
Pacific
Park
Peter Cooper
People's
20
50
Wmiamsburg City.. 50:
31s
PRICES
OF
130
136
105
160
105
107
80
75
170
175
75
90
100
95
75
280
140
110
185
50
90
124
125
70
103
160
66
75
80
70
100
80
60
70
80
125
80
150
65
120
85
140
60
150
75
83
120
98
70
95
140
130
•.;60
20
ib'ii*
140
ISO
113
160
115
115
88
90
180
198
90
100
108
108
85
300
147
120
200
60-
100
127
130
80
lis
166
75
80
90
90
128
90
70
78
85
136
90
160
78
130
9&
150
88
184
85
93
130
102
75
100
145
140
283
EXCHANGE
niEIIIBERSHIPS.
81
89
112
185
N.Y.Stook
Last sate. Aag.
N.Y.Consol.Stock* Pet.
Last sale, Aug
4014 N.Y. Produce
120
Lasteale, Aug. 3...
120
N.Y.Cotton
80
I>ast sale, Aug. 14..
100
N.Y.Coffee
100
Lastsale.Aug. 2
75
N.Y. Metal
Last sale, July 31
90
R'l Est Exob.&Ano R'm
106
Last sale, Aug
152
Boston Stock
Last sale, Aug, 8..
120 125
Philadelphia Stock
210
Last sale, July
90
46i«; 55
Chicago Board of Trade
Last sale. Aug. 2
200
({aotations per shuie.
94
180
140
Crescent Mutual ..100 .3519
55%
Factors' and Tr...lOO
Firemen's
50 48
100 nils
Germanla
64
100
HIbemla
61s
100 80
Dwelling House... 100
88
Eliot
100 109
Firemen's
100 182
Manufacturers'. ..100
40
jMass. Mutual
100 115
Mercantile F. A M.lOO 116
iNeptuneF. & M...100 73
North American ..100 97
iPrescott
100 98
Washington
100 73
j
3
0»
100-
202
100
160
NeiT Orleans.
M. .100 101 ''8 102
100 1391s 140
,
Last price his week.
i
F
iVo" Boylston
200
130
350
148
193
160
Boston.
3800
8%
North Brit. <fe Mer.
Royal Insurance
Phenlx (B'klyn) ....50
25
Rutgers'
50
Standard
100
Sterling
71s Stuyveeant
25
25
25
United States
171s Westchester
10
FIRE INSUR'OE
175
129
100
100
100
100
100
100
80
Iiondon, Kng,
I
270'
ISO
Steam Boiler
.
Associate Firemen's.
Baltimore Fire Ins. 10
Firemen's Insur'ce .18
Howard Fire
5
Maryland Fire
10
National Fire
10
80
100
.«tna Fire...
Connecticut
Hartford
National
Orient
Phoenix
'
175
140
Fidelity
Firemen's
Hartford, Conn
.
I
Bid.
los. Co... 30
100
20 115
Qermania
20 82
Globe
20
Merchants'^ Man of 20
Miami Valley
50
National
100
Security
100
Washington
20
Western
25
16S
New York
120
200
,
InO
100' 118
Farmers'
159
100 217
123 125
New York County 100 200
117
Ninth National. ...100 130 140
North America
70 147 155
iNorth River
30 135 145
Oriental
25 200
860
Paoltto
50 165 170
Park
100 169 172
1871s
139
26 190
People's
135
200
Pheulx
20 132
800
Produce Exchange 100
170 175
Repabllo
100 141 143
200
Soaboard
100 118
Second National. .IOC 320
70
85
Seventh National. 100 120
70
Shoe & Leather
100 146 160
175 180
St. Nicholas
IOC 113 116
117
100 no
StateofN. Y.. ....100
135
Tradesmen's
40 103 104
971s United States Nat. 100 210
2S6 265
93
95
Western National
185
Pblladelpbla.§
uo" 145 B'k of N. America .100 350
98
Centennial Nat
100
140
City National
50
279 285
Commercial Nat
50
128 130
Commonwealth Nat 50 41
200 210
Consolidation Nat.. 30
751s
141
Com E xchange Nat.50
195
242
First Nat
100
166
Fanners'AMeoh.N.lOO
100
Fourth St. Nat'l... .100 109
58
133
independence
100
100
Girard National
40 109'
95 100
Kensington Nat
50
48
56
IKeystoue Nat'l
50
100
I.Manufact'r'rs'Nat.lOO
89
95
-Mechanics' Nat
100
133'
150
uMerehants' Nat
go
Nat. B'k Commerce. 50
68
64
Nat. B'kN. Liberties 50
115
National Security. 100
85
90
93
Penn National
50 80
250
Philadelphia Nat 100
Second Nat
100
125 126 |8eveuth Nat
10 i'
100
162 16J
.8outhwark Nat
50
99 100
Third Nat
100
120 121
80
Union
50
110
117 118
Western Nat
50
108 109
West Philadelphia.lOO
109 110
Portland, ITIe.
105 106
49
Cumberland Nat.. .40 47
171 172
Canal Nat
100 153 153
123 126
CascoNat
100 143 146
140 141 iFirstNat
100 113 115
141 143
Merchants' Nat
75 118 120
133 134
135
National Traders'. 100 133
255 257
Rlclimond, Ta,
136 133
City Bank
25
143
146
First Nat
100 136 142
124
126
Merchants' Nat... 100 128 130
119 120
Nat. Bk of VirginialOO 1071s
118 119
Planters' Nat
100 145
118
170 172
State Bank of Va.lOO 116
138 140
St. Louis.
160
119 121
B'kof Commerce.. 100 455
Commercial
100 340
170
9
914 Continental
100
143
Franklin
100 176
39
Foiuth National ..100 133 140
170
International
100 95
151
Mechanics'
100 133
140
Merchants' Nat ... 100 100
133
St.
Louis
1191s
National.lOO 130
129 132
Third National
100 105 106
525
San Francisco.
67 "76' AuKlo-Calirorulan.....
62 Is
108
Bank of California
1971s 210
II3I4 iVe' First Nat. Gold.... 100 130
176
153 153
Pacific
119
179
ISO
116
260
116
140
IHSCRAKCB Stocks.
Ask.
loo 160
'Mercantile
91
Mutual Nat
100
134% 133
New Orleans Nat. .100
104 1041s People's
50
229 230
State Nat
..lOOx
129
mo Union Nat
100
8a!i4, 90
Whitney National. 100
137% 138
York.
109 109 •-« America
100 173
220 223
American Exch'golOO 1391s
130 131
lAsbury Park Nat. 100
154
25 265
15m [Broadway
135
1351s Butchers'* I>roTer825 167
(Central National. .100
1071s IPS
118
Chase National ...100 230
119
160 162
Chatham
....25 230
1^8
Chemical
rj9
100 3500
142
CitT
100 315
1421s
125
126
Citizens
25 140
150 1501s Commerce
100 169
155% 1.^6 Continental
100 123
185
195
Com Exchange ...100 212
124
25 135
1241s East River
99 12 100
Eleventh Ward
25 150
1241* First National
124
100 2000
116 II6I4 FourthNatlonal...lOO 137
10114 lOllg: Fifth Avenue
100 800
Fourteenth Street.lOO 145
891s 90
104 IO4I2 Gallatin National ...50 225
142i« 143
100 300
Garlleld
German American. .75 112
1171s 118
107
108
Germanla
100 200
25 120
Greenwich
90
150
340
167
340
Bid.
Fulton .. 100
Meobanlos'
26
IMeohanlcs'A Tr.. .26 155
<t
. .
Fourth NatUmal....
Qeriuan National....
Market National
Merchants' National.
43
1025
Baltiniore*
Bank of BaltliuorelOO
Bank of Coiiiujerce.l5
Ask.
f'liarleaiton.
B'kof Cha«.(NBA)100 134
First Nat. ChHS.. .100 215
People's National. 100 200
100>« 101
80
Bid.
180
BO 335
100 28S
Manufacturers'
HeobanlcB'
Mhkr. Cotton
(laotiitlons.
.
'
.
20,000 bid
20,000
800
850
bid.
1,500 ask.
1,400
1,200 bid
1,225
760 ask.
700
75
90
bid.
1,116 ask.
1,110
12.000 ask.
12,000
2,600 Mk.
2.600
1,500 ask.
1.530
..
.
.
THE CHRONICLE.
198
[Vol. XLVII.
Latest Earnings Itcported,
EOADS.
AND
Week or Mo
1887.
1888.
K.C.Ft.S.&Mcm. IthwkJnly
Kan. C. CL & 8p. IthwkJulv
114,985
6.883
7.040
79.872
4,400
3,418
38,793
47,357
24,018
692, =06
17,600
433,727
37,396
20,989
The Investors' Supplement, a pamphlet of 133 pages^ Knoxv. & Ohio June
Lake E. & West IstwkAug
contains extended tables of the Funded Debt of Slates and Lehigh* Hitd.. July
and
other
Leh& Willi. Coal June
Cities and of the Stocks and Bonds of Railroads
L. Bock & Mem IthwkJulv
every
Saturday
the
last
of
publiihed
on
is
It
July
Companies.
Ijong Island
La.
it JIo. Riv... May
Septem
July,
ether month-^iz., January. March, May,
Louis.Ev. ifeSt.L. IstwkAug
her and November, and is furnished without extra charge Louisv.&Nashv. IstwkAug
Lou.N.A. & Chic. 1st wk Aug
copies
Extra
Chronicle.
the
to all regular subscribers of
Louisv.N.O. &T. 2dwkAui
Valley.. June
are sold to subscribers of the Chronicle at 50 cents each, Lykens
Mar.Col.A Nor'niJune
Memphis AChas. Ist wk Au,
and to others at |1 per copy.
st wk Aug
•Mexican Cent
Guad'jara Br. 1st wk Au,
July
occupying
Ins)
Bonds,
(all
and
•Mex.N.
Stocks
Quotations
of
The General
'MexleanUailwv Wk July 28
six pages of the Chronicle, are now published on the Mil.L.Sh.&West 2d wk Aug
Milwaukee No. 2(1 wk Aug
month.
each
Saturday
tblrd
of
.
.
293,88:i
40,102
36,045
83,088
5,880
30.561
94,374
11.546
138,633
70,507
66,428
21.275
107.423
174,321
228,181
10,090
80,870
1
.
RAILROAD EARNINGS.
2,6-0,795
141,332
88.626
443,963
7.391
178,703
110.390
2,625
38.460
237.359
42.886 1,140.022
22,331
137.845
607.617 4,653,678
380,746
12,925
419,717 1,848.292
44.886
172,338
21.824
535.872
301,520 9.235.703
44,076 1,2 44,999
27.617 1,331,030
525,425
58.622
40,091
6.596
31.680
921.823
94,138 3,393,512
402,441
181,501
90.602
212.721
Jan. 1
Latest Earnings Reported.
105,252
S
969,049
1,336,409 1,541,870
7,174,571
1T0.834
June
Atch. T. & S. Fe. June
Atlanta & Char. June
Atlanta &W. Ft.. June
to Latest Dale.
1888.
1887.
1887.
944,431
9.091.635
595,786
183,325
1,623,799
624,933
84,140
82,646
196,147
24,535
23,784
41,274 1,612,676
50.571
1,315,776
1,337,830
B.&O.East.Llncs July
372,110 349,023
Western Lines July
1,709,940 1,60^,399
July
Total
745,431
133,809 122,707
701,391
Bait. & Potomac Juno
474,301
67,050
59,637
361,359
Juno
Boech Creek
3G,14ti
43,771 1,122,882 1,204,162
Buft.EocU.ifc Pitt Istwk Auff
44.472
48,071 1,492,002 1,623,335
Bor.C.Eap.&No. 1 st wk Aug
19.229
410,960
20,859
432,954
Cairo V. & Cliio. Istwk Auk
19.001 1,047,069
25,713
859,372
1st wkAug
Cal. Southern
253,010
68,026
61.123
243.268
tCamden & Atl'c June
Canadian Facirtc IstwkAug 259,000 238,000 7,228,390 6,024,003
176.265
24,887
19,429
142,700
Cp.F'r&Yad.Val July
29,8T5
245.017
28,070
231.745
Carolina Cent.. June
462,815 393,511 3,220,935 2,710..590
Cen.RR.&Bg.Co. June
29.527
23,837
748,255
4tliwkJuly
710,51(1
Central Iowa
5.756.047 5.281,480
1,074,180 988,15'
Central of N. J June
1,293,608 991,140 5,969,184 4,715,502
Central Pacific May
5,931
51,208
6,931
41,041
Central of 8. C. Juno
38.888
300,385
35,100
262,920
Charlest'n ASav June
37.60'
3,769
3.468
Cheraw &Darl. June
34,753
143,249 144.446
912.899
Ohes.O. &8. W.. June.
825,797
July
376,453 389,081 2,525,096 2,449,193
Ches. &01U0
May
48,320
215,072
Cheshire
52,189
240,948
4,742
4,428
38.499
Ches. & Lenoir.. Juno
30,944
44,367
43,850 1,320,407 1.296,250
Chic. & Atlantic. 'id wk Aug
795,362 1,270.285
Chic. Burl. & No. 'June
174,004 202,637
1,953,934 2,140,833 9.975,966 13,270,106
Chlo. Burl. AQ..Ijune
Chic. & East. 111. St wk .\ug
49,258
45.865 1,188,066 1,161.062
298.76^
10,130
CHlc. & Ind. Coal :2d wk Aug
10,050
226,946
Chic. Mil.&8t.P. -idwkAug
419,000 414,747 13,394,000 13.878.442
Chic. & N'thw'u. June
2,286,974 2,166,218 11,477,420 11,799,837
Clio. &0h. Rir.ljuiy
3,353
25,753
5,433
37,167
Ohio. St.P.&K.C! July
186,271
120,659 1,130,701
706,947
Cblc.St.P.M.&O. June
561,689 550,218 2,794,267 2,993,001
Chic. & W. Mich. Ist wk Aug
28,00
25.770
819,930
806.968
Cln.Ind.8t.L.&C. May ..
215,713 217.707 1,042.159 1,068.001
Cin. Jack. & Mac. IstwkAug
10.074
10,655
287,218
248,427
Cln.N. O.&T. P. 1ft wk Aug
64,.'502
50.748 2,105.16^ 1,888.936
Ala. Gt. South. IstwkAug
25,684
8-2.374
24,891
855.783
N. Orl. & N. E 1 St wk Aug
13,015
8.004
485,347
369,136
Vicksi). & Mer. IstwkAug
6,910
258.566
6,879
281.627
Vicks. Bh. & P. Istwk .Vu,
7,917
279,739
6.9S5
278.429
ErlangerSyst IsrwkAug 118,028
97,50'
4,011,193 3.673.9
Clu.Rieh.&Ft.W. IstwkAug
7,209
8,796
231,038
237.301
Clu. Sel. iMol).. June
7,383
7,174
49,791
46,225
Cln. & Sprlng'd. June
96,293
98,432
548.987
539.832
Ctn.Wash.&Ball. IstwkAug
43.041
45.671 1.192,780 1.219.434
Clev.Akron &Cal ithwkJuly
15,880
15,797
347,621
314,055
431ev. & Canton 'June
34,253
30,141
184.450
172,503
Clev.Col.C.AlndjJune
318,194 329,956 1,920.861 1,904,532
Whole system. 'July
556,032 645,722 4,056,742 4,170,590
Clev. & Mai-iuttajlstwU Aug
4,534
5,010
160,067
172,631
Color. Midland.. Istwk Aug
24,127
757,700
Col. & Cin. Mid list wk -Vug
7,937
195,009
179,648
Col.Hock.V..tT.;l8twk Auj
63,749
40.771 1.649.464 1,533,778
Denv, & Rio Gr iQdwkAug
156,500 162,000 4.530,964 4,557,706
R.
G.
Deny. &
W. 1 st wk Auj
19,225
21,025
72(1,712
595,729
l)en. Tex. tViGiilt. June
3<,231
157.551'
Det-BayCitAlp. ad wk July
12,129
'ii'.438
266,027
2'.ir,334
Det.Lans'g& No. 1 stjwk Aui;
20,209
19,037
556.567
653,439
DuluthS.S.&Atl. IstwkJune
32,133
39,421
448.195
401,760
E.Tenn. Va.i^Ga. Ist wk Aui
98,885
84.224 3,192.144 2,893,293
Evans. cb Ind'plis] 1st wk Aug
6,175
6.30
132,227
132.840
Evansv. &T. H. istwk Au.
23,036
21,337
486,954
496,584
Fitchliurg
llstwkAu
116.015 107,512
Flint & P. Marq.llstwk Au,
4'',793 1,458,295 l,536",67i
43,835
Fla. H.& Nav.Co.] 1st wk .Vug
18,268
17,< 07
634,299
620,629
Ft.W.&Den.City[4thwkJuly
26,119
17,548
523,303
358,617
tWholc syst'tu. 4tliwkJuly
41,740
6'
Georgia Pacitio IstwkAug
23,752
21346
7'i8,76
53.859
Or. Rap. &Ind... IstwkAug
47,891
54,438 1.325.734 1,362,071
IstwkAug
Other lines
3,241
3,565
117,839
89,057
Grand Trunk... WkAug iy E«),41l 373,001 10,115,149 10.955,588
GullCol.&S.Fc Msy
212.100 155,399
89:i,241
962.986
Hous.&Tex.Ccn. •ItUwkJuly
&4,(i98
45,581 1,183,.591 1.238,218
Humes t'n«&Hhen July ....
9,400
10,315
80,308
80,164
ni.Cen. (lii&So) July ....
886,042 883,306 6,440.022 6.187,473
Cedar F.&Min. July....
8,776
8.605
52.196
67,304
I>ul>.A Sioux C. July
67,184
61.444
413.852
438.552
la. Falls & 8. C. July
55,407
52.72J
431.208
355,925
.luly
Iowa lines
131.427 122,774
1)27,256
861.7-1
July
Total all
l,017.4fiii 1,006,14'
7,367.27h 7.049.254
Ind. Dec.&West .luly
27,293
38.220
184.15<)
V33,0I3
IiuL & St. Louis .id wk July
30.893
38.337
989,000 1.026.598
KaDawha&Ohio IthwkJidv
5,3.'.0
6.642
149,25b
89.036
Atlantic
APac. IstwkAug
. .
. .
.
.
.
.
,
.
.
.
1
1
'.
.
H
1
,
:
i
N.Y. Ont.AW.. IstwkAug
N.Y. Fhila.&N'k June
N.Y.8U8.& W...ljilue
Norfolk A West 'IstwkAug
N'theastrn (8.C. June.
Nortlicni Cent'i. June.. p«^
Northitrn Pacitlc 3d wk Aug.
Ohio & Miss
Ohio River
Ohio Southern
41.7601
74,015
113,639
96.112
43,041
551.260
35 ,846
IstwkAug
st wk Aug
37,065
106.284
83.432
33,006
554,404
296,09
101.195
142,606
3,880,503
412.807
1,736.220
225,822
571.110
9,045,447
1,273,260
1,082,569
296,349
27,996
916.719
2,786,295
19.472,824
12,846,611
2,441,776
2,341,007
965,491
312,091
659,036
2,792.054
341.801
2,900,143
9.742,731
2,108,303
243.225
302,323
187.174
2.490,581
855.607
266,736
016,701
741.733
1.364,503
.
1,103,471
1,005,045
2,090.375
1,929.092
554.107
835.053
1,321,019
1,454,280
87,565
362,378
19,504,923
12,498,582
106,68.^
Minneap.&St.L. July
July
170.054
Mobile & Ohio
241.071
Nash. Ch. &St.L. June
11.540
Natchez Jac.&C July
76.624
New Brunswick. June
2,850.191 2.779.198
N.Y. Cen. &H.B.!J(Uy
2,282,191 2.252,538
N.Y. L. E. & W.. June
545,666 430.911
N.Y.l'enn&Ohio May
450,079 400,598
N.Y. ANewEng. June
13.415
13,263
N. Y. & Northern 3dwkAug
.
AUegheny Val.
1887.
2,345.977
146,277
124.609
5,927
1,200,778
2.279.901
1,601,372
.
1888.
Latest Datf,
110,916
71.508
82.343
17,502
.fe
Week or Mo
to
1888.
9%
K. C.Wy.&N. W. 2d wk July
Kentucky Cent June
Keokuk & West. Istwk Aug
Klngst'n & Pern. IstwkAug
Bo ADS.
Jan. 1
622,990
1,4(J0,015
82.024
401,93"^
2,265.523
280.878
3,081,593
7,238,327
2.318.211
178.064
»3,370
11.14>11.932
35.559
41,908
311,406
31,148
210.032
32,699
Omaha &, St. L.. Juno
404,167 338.008
1.801,402
Oregon Imp. Co Juno
2,792,87'444,731
530.697
2,280,909
Oreg. E. &N. Co. June
949,000
741,000
241,000 159,000
Orcg. Short Liue May
Pemisylvanla. .. June.
5,080,400 1,911,858 27,858,198 26,370,724
17,147
14,362
PeoriaDec.&Ev. IstwkAUi
222,580
184,208
29,873
June
37,291
Petersburg
June
431,172 397.583 1.898,174 1,864.401
Phlla. «t Erie
1,840,985 1.775,912 9.157..594 10,154,498
Phila. & Read'g. Juno
1,990.413 1,605,762 6.6C-o.2(J9 7.046,046
Coal & Iron Co. lunc
3,831.398 3,381,674 I5,81b.d03 17,800,543
Tot.bothCo's.. June
16,762
Pitt Shell. A L.E. .May ..
41.430 1,118.794 1,127,207
37,349
Pitts. & West'm 1 st wk Aug
173,734
168,590
16,125
18.629
P'rtRoyal&Aug. Juno
136,723
14.49
156.879
16.925
Pt. R'alAW.Car. June
280,918
57,392
281,061
53,820
Rlcli.ifeAllegh'y. Juno
1
.
July
B&W.P.Ter.CoRieh. & UauT. IstwkAug
Va. Mid. Uiv.. IstwkAug
C. C. & A. Div. lstwk.\u_
& Gt. Dlv IstwkAug
West.N.C.Div IstwkAug
W. O. & W.Div. IstwkAug
Ash.&Sp.Dlv. Ut WkAug
Total aU
IstwkAug
Rich. & Peters'g June ...
Col.
RonieW. &0g.. June
..
-
ir8t.L.Alt. &T.H. 2d wk July
IstwkAug
Branches
St.L.
Ark.&Tex IstwkAug
St. L.
ife
WkAug
1st wk Aug
San Fran.
,'d
St.PauKtDiUutli
St.P.Min.&Man, luly..
.
S.Ant.&Ar.Pass. July..
.
June
Roan June
Scioto Valley...
Sealj'rd
&
...
...
L B.& E July....
Shenandoah Val July. .
South CarolinN.. June ...
Seattle
93,250
41,500
17,450
9,300
15,200
3,425
2,175
182,300
23,443
297.226
30,893
15.350
56,286
119,200
35.266
825.268
80,910
49,713
41,403
16.107
72.000
63,930
2,-^73.619
87,550
33.400
15,125
9.300
15,700
3.800
2.375
167,250
20,039
272.317
38,337
14.908
49,905
125,876
34.464
621.345
56,013
63,489
41,072
2.654,543
1,022.143
500,584
312,185
319,557
241,479
354,011
280,676
71.690
61,618
461,562
593,70a
467.213
532,155
334,720
371.426
65.748
59.943
5,009,106
132,225
907,349
449,169
283.833
400,751
61,845
32,492
4,509.0t,0
989.000
114.434
1,385.891
1,020,598
513, '•23
1.508.748
3,210,400
509,080
1,250,860
3,502.997
4,918.371
533.271
4,067.463
1,4-8,516
So. PacilioCo.—
GaLllar.&8.A. June.
Louis'a West.. June.
Morgan's LifeT. Juno
295.252 215,713 1,854,571 1,!'.58,983
381,876
445,296
71.989
6S718
289,523 295,023 2,437.512 1,942,019
82.516
52.055
9.919
11,774
579.125
064.248
99.10.5
104,412
5.4.54,377
4.514,517
687.333
771,095
2,950,619 2.364,655 16.602,073 12,615,679
3,721,714 3,051,988 22,050.352 17.160,197
.
N.Y.T.&Mex.Ljunc
Tex. &N. Orl.ljuue..
Atlan'csystein'June..
..
..
..
Paclllc systemljune
Totulot
So. Pac.
June
all..
RR.—
No. Uiv. (Cal.)lMay
So. Div. (Cal.) .May
Arizona Div ..JMay
.. ..
.. ..
New Mex. Uiv'May.
...
Spar. Un. &Col.|june
Staleuls.Rap.Ti'July ..
Siinmut Branch Juno
.,
!
SutroTuunel
'June.. ..
Texas *6 Paclllo.llstwk.Vug
Tol.A.A.AN.M'llltthwkJuly
&
Oliio Cent. Ist wk
Tol.
Tol. P. .fc West.. |lst
Union Pacitlc... June
Valley of Ohio.. July
Aug
WkAug
i
IstwkAug
Wab. Western.
Wab., E. of Miss Juno
WestN. Y'.tfePa. ItliwkJuly
Western of Ala. June
{West JiMsey... lune
W.V.Ccn.iPitts .June
Wheeling &L.E. 3d WkAug
'
Wil.
CoL
Al
Aug JuLe
oWisoonsin
Ceii.
Istwk Aug
178.564
638,221
175,803
87.076
5.357
139,500
103,728
28,273
103.339
16.841
22.413
15,240
2,483.268
64,614
112,657
506,346
95,-500
29.271
150.6 J6
62,636
17,185
50.349
80,790
J And branches.
f
*
631,672
703.524
161,136
553.307 2,833.7t<l 1.654.519
705.318
980.500
127.193
310.509
455.997
58.605
31,186
47,900
3.853
478,016
508,434
124.308
575,510
705,197
107,867
136.415
162,8421
20,408
96.905 3,444,1741 3,103.140
277,769
340,9491
12,635
572.363
664,638
21.338
491,4Sl!
537,349
16,61 o
13,021,893
2.506,828 13.493.579
351,187
373,985
44.162
151,96.5 3.167,012 3.627,508
539,935 2.911,906 3,082.837
81.100 1.638,862 1,487,094
218.370
226,800
35.090
600.510
665,973
130.707
157.509
290,710
28.063
442,932
628.570
14,462
350.387
41^,580
399,887
76,38'
2,097,537 2,073,627
Mexican currency.
Includes whole system from Fort Worth to Denver, but not earnings
on joint track— Pueblo to Trinidad.
.
H Including Indianapolis
a All lines
iaol(ide(L
& St.
Ix>ula.
..
AOOUST
1
1
..
a gain of
li<
per cent on 71 roads.
i-(j'i
1888.
week of Augtut.
A
60.571
1887.
Inereaee.
&
Cairo Vin.
&
20,t-5'.i
20.748
A
8.930
4(19,000
West Mich
.V
28,003
10,674
A Mack
Jack.
Ill 111
(111.
43.8(19
44,J72
XortUcru..
Chio
Ctiloni;o it Atlantic ......
Chtifi-ci 4V- Kntit. Ills
CliliH-'M A fmi. Coal
ClUciL'.. Mil.
St. Paul...
.1
•40,840
3U,14(i
PIMsliiirg.
Calirorniit HoutUern
Canuitlaii I'aclllo
(-Ill, H
2.''9,000
41.358
43.772
48,071
19.229
19.601
238.000
Paolflc
BiilfHlo Rocli.
Bml. C. It. A
ATc.vae Pim>...
Alanauui Gt. SontUom.
C4,.^02
till. .N. ().
Hew Orleans A
25,G84
13,01"
6,910
7.017
7.209
43.041
N. E....
A
Vli'k.slmrt;
Meridian..
Vlek.ilmrj.' Slirev.
I'ao.
Cln. Kich.
F.
W
i
&
Cln. Wash. A. Bait
Clovelanil & Marietta
Col. ACin. Miillan.l
4,f)34
7.937
H. Val AToleilo ....
Denver* Kli> Uniuite
63,749
Col.
liSO.OOO
Denver A
19.225
20,20 H
9H,«8o
1!. Gnuiilc West
Detroit Lnns. & North....
ICoBt Tenn. Va. & G*
Evansvlllc & luilianan...
EvuusvlUe AT.
6,17,5
U
23,036
Fltchburjr
llfl.Olo
FUnt&Pcre
43,8.W
18,268
23,752
47,891
3,241
360,4 1
4,400
3,418
47,357
20,989
293,885
40,102
35.524
30,561
Marquette..
Florida R.v. & Nav
Georgia Pacific
Grana Kai>i(ls A Indiana..
Other lines
•arand Trunk of Can,-ula.
Keokuk A Western
Kington A Petubroke ..
Lake Erie A Western ....
Loulsv Evans. & St. L..
LonlBvll e & Nashville .
Louisville N Alb. & Chlo.
Louisville N. O. & Texas
Memphis & Charleston.
Mexican CcutraL
Milwaukee L. 8h. A West.
Milwaukee & Northern...
New York & Northern
Kew York Ont. & West...
Norfolk A Western
Deereaee.
Romo Wat. A Ogdnn .Rrom.
Net...
94,:i74
G«i.520
18.675
12.611
41.760
96,112
45.865
7,510
423,768
23,776
10,655
50,748
24,301
8.004
6,879
6,985
8,796
45,671
5,040
6.859
40,771
lOi.OOO
21,025
19.037
81.224
6,3
7,626
4,199
1,630
7.391
2.625
42.88f
21.S24
301,520
44,076
24,4 26
31,680'
94,1381
74,040!
16.221!
12.1261
87,0K5l
83,432
291,907
101,195
11,148
17,117
41,430
932
1,587
2,630
324
12.593
2,991
A Ohio Central ...
A Western....
WheelluK A Lake Erie
Toledo
Tol. Peoria
Wabash Western
14,421
Wisconsin Central
Total (71 roads)
Wet
*
lucrca.'ie
il
03
For week ending
Net...
,1)9
5,520
2.454
4,695
12,680
81,625
""784
A Chic... Gross.
Net...
20,825
2,785
4,08
5,700
8.100
2,325
500
375
2C0
342
6,381
12,17
802
6,434
1,075
1,.376
3".',308
6-5
153,110
*
$
438.397
192,061
38.793
18,395
15,358
41.5.371
1888.
Hoaa*.
$
A 9.
1887.
$
1888.
1887.
$
142.70O
65,89«
1 to
June 30.-
188;
1886-7.
$
$
5.600,210 4.776.69*
75,284 2,030,787 1,619,672
38.460
490,291
408,51**
187,408
152,719
7,845
162,558
132,014
6,885
.~Ocl. 1 to
June 30.-S
1886-7,
1887-8.
S
297,220
130,828
272,317
117,843
1888.
1887?
1887-8.
404.167
71,799
338,008
95,019
2,841.788
587,769
2,357,910
080,265
2,168.134
924,367
Dec. 1 to June
$
,
54,101
14,679
.
9
2,068.872.
473,927
yiay 1 <o J'«»ie30.—
1888.
1887.
$
108,268
28,946
63.226
22,911
—
30
1886-7.
S
126,328
44,916
,-Oct.l to July 31.-.
—July.1887-8.
1886-7.
1888.
1887.
Ttoadt.
Baltimore A Ohio—
S
9
Lines E. OhloRiv Gross. 1.337.8301,315,776 12,714,112 12,823,22.'>
498,671 438,276 4,095,220 4,204," 9»
Net...
372,110 349,623 3,950,309 3,7-19,44.5
LinesW. Ohio Riv Gross.
464,599
577,587
56.205
Net...
17,110
Gross. 1,709,940 1,665,399 10,6(11,451 16,572,670
Total of all liuf 8
515,7~1 494,481 4,539,819 4,781,68(»
Net...
Richmond A West P. T. R'y A W. Co.—
315.910 305,365 3,955,002 3,510,320
Rich. A Danville. Gross.
99,795 1,868,151 1,604,870
Net...
119,870
1.54.928
133,797 1,452.7.53 1,310,998
Virginia Mid. Div. Gross.
495,387
44,363
616,359
Net...
63,906
678,481
67,5i)5
55,223
781.167
Ch. Col.AAug.Dlv. Gross.
279,692
.347,588
Net. .
20,366
10.753
470,888
.528,586
!9,940
AGreenv.Div.Gross.
36,897
Col.
122,»:1«
199,047
Net...
6,369 dcf. 6,883
538,250
516,997
48,940
55,990
West. No. Car Div. Gross
72,614
82,687
4,544
409
Net...
Gross.
624,270 580,314 7,234 ,.505 6,498,937
Total ot all
215,055 148,437 3,113,832 2,575,499
Ntt ..
.
.
—
,
1887
CapeFearAYad.Val.GTOss.
24,887
Net...
10,.5t8
.
June
1 to
1888.
—
July 31
1887.
S
»
Vottd.
year on those companies whose fiscal year does not correspond
with the calendar year.
MONTH AND CAIESDAK TEAR.
-JM)ie.Jan. 1 to June 30.^
3,082.«37
977,809
9
-July.-
tables followIn? show the latest net earnings reported this week, the
returns for each road being published here as soon as received,
but not kept standing from week to week. The first statement Includes all roads for the latest month and from January 1, 1888; following that we give the totals for the fiscal
0,42
$
^July
1887.
1888.
.\uj;ust.4.
Net Earnings Monthly to Latest Dates.—The
Atch'u Top.
TEAB.
FI.SCAL
J «n«.
1887.
1888.
1(6,613!
p. c.)
—
Itoad.
Cairo Vin.
485
319.723
Paeillc
Company.
Oregon Imp'eui't Co. Gross.
1.
Oo.S15.010 305,363 2,646.573 2.286,064
110,870
99,705 1,130,704 1,004,168
090,771
154,928 133,797
881,310
44,363
03,900
403,565
329,5361
55,223
67,505
492,429
43^(H4L
20,360
10,753
185,355
153,685
29,940
36,987
328,767
274,835
111,683
6,869 d(f.6,883
30,045
55,990
S.-^l.Oie
48940
385,051
409
4,544
55,875
54,00«
621,270 580,314 4,710,156 4,261.040
215,0,55
148,437 1,887,272 1,571,440
.
11,(98
4,136.2»3
A
Net...
$
'
1
S
June.-
835
""236
30.1887.
A W.
1888.
Soad,
Rome Wat. AOgden.Gross.
793
7,635
3,974
i.3a5,8or
540,20 K
to June
176,265
77,811
19,420
8,592
4,471
4,302.900
lexas
Wliitebreast FnclCo.Net...
6,547
4,50.1
H. Brchs..
Texas...
A
Bt Ixiulg A San Fran
BLPaul ADuluth
24.8H7
10,508
l.OOB
80,790
A
St. L. Alt.
T.
Bt. Louis Ark.
Not.
Ohio. ...Gross.
Net...
.
Knoxvillc A
'i!26i
S
June.1887.
1888.
EastToun Va. AGa. Gross.
4,958
87,?'.50
Div
Oro;8.
Net...
126
33,400
15.1 25
9,300
15,700
3,800
2,375
14.908
49.905
120,815
34.464
96,905
21.338
16,616
151.965
13.736
76,287
Siiar.
all
Road'.
1 ,699
8,503
Jan. 1
1889.
'-Jan. 1 to July 31.->
1888.
1887.
.
1887.
«
HOKTH KSV
1,172
14,661
93,2.50
A
Total of
3,000
1,800
41,500
17,450
9,300
15.200
3,425
2,175
15,250
56,286
108,668
35,266
103,339
22,413
15,240
112.657
Ash.
Net...
Col. Groenv. Div. .Gross.
Net...
West No. Car. Div. Gross.
Net...
1,078
22,978
Virginia Mid. Dir
Char. C. & A. Div
AGr. Div
West North Car. Div
Wash. O. AW. Div
Rlelimond A West P. T. R'y
Kichnioud ADanv.Gross.
506
373,.532
83.370
11,H32
14,362
37,349
.
Net...
1
21.337
107,512
48.793
17.007
21.846
51.438
3.565
373.001
Cape Fear A Yad. Val G ross
Ch. C0I.& Aug.Dl v.Oross.
793
.
1887.
July.
1888.
Virginia Mtd. Div. .Gross.
5,011
31
-June.
Koads.
Not...
1,420
45,232
2,227
19
13,754
i,4ns,nio
677,136
Southern ParlUc Co—
•
9
»
PttviUv system.. Gross. 2,9.50,619 2,364.655 16.002,073
Net... 1,007,221 1,221,712 5,792,022
Total af all
Gross. 3,721,714 3,051,988 22,056,352
Net... 1,185,135 1,392,490 7,292,234
Wabash Rallwajr. ..Oroga. 800,340 630,935 2,911,966
Net...
432,088
46,931 130,134
Net.
8,513
272,317
117,843
1888.
0,14
"3,393
V»
TflMrf.
.
21,000
297,226
180.828
.
9,213
Northern Pacitlo
Ohio & -Mississippi
Ohio Hirer
Peoria Dec. A Evans
Plttsluirfr & Western
Elchuiond & Danville
Col.
.
199
$
Atlantic
————
.
THE CHKONICLF.
18. 1888.J
Latest QrOBS Earnings by Weeks.—The l8t«Bt weekly
earnings in the foregoing table are separately aummed up
as follows:
Kailroad earnings on the roads as a whole still continue to
run nfccad of Inst year, and for the first wtek of Aufimt theie
is
..
:
19,429
8,592
49.041
18,796
37,413
16,082
GENERAL INVESTMENT NEWS.
Chesapealie & Ohio.— Richmond & Alleghany.— A circular
Co., to the security holders
Issued by Mf ssrs. Drexel, Morgan
Alleghany Riilroad Company, stat>8 the
of the Richmond
terms agreed upon by the reorganiza' ion committees substantially as follo'ws
" The Conmiittecs for the reorganization of the Chefapeake A Ohio
Railway Company and the Richmond A Alleghany Raili-oad Conipauy
have agreed, Hut'iect to the approval of the holders of the s. ciirities they
&
&
Fe.Gross. 1,336.409 1,511,876 7,174,571 9,091,635
Net..
425,591 708,043 1,999,763 4,199,965
represent, or of those to be issued in place thereof, that their respectiTO
Cairo Vin. AClll(^...Grosa.
54,161
63,226
328.805
348.380 lines Khali lie operated in close coiiueetion, under a sin^-le management,
Net...
14,679
22,911
8s, 455 thus forming a dej!iral)!e route, short in distance and with as favorable
82.492
Senv. A Kio Grande. Gross.
678,480 677.241 3,554,714 3.555,536 frades as any line lietweon the central West and tide water on Via
tlautlc Coast. " ' ' The agreement conteinpla'es an ulliinatc transfer
Net...
260,700 297,760 1,038,220 l..S98,305
the allroad of the Richmond A Alioghany (;ompai/y to the ownerBast Tenn. Va. A Ga Gross
438,397 415,371 2,655,594 2,3-i4,855 of
aliip or control of the Chesapeake A Ohio Co.. or Its successor, hy purNet...
192,6frl
75,284
914,984
559,270 (hiwc, lease, eousolidation, or merger, transfer of seurities, or such
KnoxvllleAOhlo
Gross.
38,793
38.460
237,359
212,721 oilier means as inay tie hereafter decided, whenever such an arrangeNet...
18,395
7,845
1 0,500
78,209 ment can lie lawfullv accomplished. Vpon the railroad of the Kichmonu A
Lake Erie A West'n.Gro.ss.
160,672
172,355
923,084
950.121 -Mleghanv Co., so transferred, there are to be issiu-d (a) .f(i.000,000 First
Net...
50,510
69,083
291,362
330,368 Mortgage Ronde of which .1i5,000,(i00 go to the present l-'ir.st bonrthnlders, aiidiiil ,000,000 are i-eserved to lie need, so far as ni ce- sary, to pay
Lou's. N. Alb. A Cnilo. Gross.
194,678 196,427 1,018,012 1,032,302 Receiver's debts, i-ar trust oliligatinns. and for new work or property
Net...
77,368
303,6il6
70,767
238,631 (b> $1,000,000 Second Mortsriige Bonds, and $500,000 Income -Moitgage
Mexican Central
Gross.
370,751
351,285 2.914.120 2,318,693 Ronds. to be used as is more fullv set forth below. .\U the new bonds
Net...
52,016 126,224 1.129.538 1,048,614 are to date as of .January 1, 18H9, and, from the time that the agreeof theChfsaMlun"polls A St. L'8. Gross.
132,298 113 459
634.310
728.970 ment Is consuajmated, are to he either direct olillgrttlons .Second
MortNet...
28,534
33,735
102,425
169,036 api-ake A (Jhio or Its successor, or else the new Firat anil
ifage Bonds are to be guaranteed, prlndiial and Interest, by the ChesaOregon Imp'em't Co. Gross.
404,167 338,008 2,490,581 1,804,402 lieako
(Jhio Co., or its successor, as maybe he-e.after rteemed most
A
Net.
71,799
95,019
511,1-96
429,523 expedient. In either ca.se the new liondsare to be secured by mortgages
Oregon R'y Nav. Co. Gross.
530,697 444,731 2,792,878 2,280.9 9 on all the Richmond A Alleghany Riilroad anil prop rty." *
\
Net...
185,041 205,988
891,065
844,3 J2
Holders of each one thousand dollars of First Mortgage Bonds of the
I
,
:
.
'
THE CHRONICLE.
200
Molunond & AllegHany Railroad Company, mth
"»P»lJp„''"3"a
of tlie agreeinent. a
thpreto attached, are to be given, on consummation
property of tie
tosrm^rtgagcljondof onefhonsand dollais, upon t^e to i)ear "Jtereat,
as above,
Wchmond I Aileghany Railroad Company
annum for five
per
cent
per
SdeHald agreement, at the rate offortwo
nmety-flve years.
and four per cent per annum
years
bonds of the
'
mottRage
second
Holders of each one thousand dollars of
coupons
Elohmond c& Alleghany Railroad Company, with the unpaid
nianner.
,.
,
thereto attached, are to be given, in Uke
of, the Rich
Property
the
on
Bonds
llortgage
Second
250
In
new
(a)
f
saW agreement, at
inond & AUeghanv Company, toTiear interest under
three per cent the next year, and four
the
tl^J
„
.
two per centfor
per cent per annum
year,
tor ninety-eiglvt years.
first
™„„„t„ „f the RichRich
Income Mortgage Bonds on the nroperty of
Railroad Company, which H?°'J^f?Jf*Si^''t Preferred
First Pref erred
O^^o
&
Chesapeake
new
as
same
the
precisely
to interest
.amount of such new
Btocft is treated, in regard to dividends, or a like
(6.)
$125
in
mond & AUeghany
First Preferred Stock Trust Certificates
may
[VOU XLMll.
be issued in lieu of
eaici
HOUSTOISMEAST^&]w^
PLAN OF REORGANIZATION.
At a recent informal meeting of the owners of all the stock
West Texas Railway Company (except
of the Houston East
a few shares issued to qualify directors), held in New York, it
was agreed that in order that all the pending litigation concerning the property of the railway company, and all questions which have been raised, may be settled, the persons whose
names appear below should be authorized tos ubmit the following proposition of settlement and plan of reorganization
&
:
Certiflcates.
'"^r^^^'^new Chesapeake & Ohio Common Stock Trust
rep
Holders of our receipts for Mercantile Trust Company certiflcatesupon
resenting stock of the Richmond & AUeghany Railroad Company, paio,
shall be
which the assessment of ten dollars per share has been or Chesapeake
«
are to be given, on consummation of the agreement, new
paid,
assessment
Ohio First Preferred Stock at par for the amount of
in new
stock
Alleghany
&
Richmond
their
cent
of
and seventy per
Chesapeake & Ohio Common Stock Trust Certificates.
Southern.- The foreclosure sale will be
STATEMENT
01"
LIABILITIES.
The liabilities of the company aa claimed
classes of creditors are substantially as follows
Receiver's certiflcates
Statutory liens and Interest...
Etiuitable liens and interest
First mortgage bonds
by the several
:
$25,000
90,000
165,000
$1,344,000
& Canada
z3b,oou— 1,580,000
Overdue coupons, about
the 25th of September and the road will probably be Loans on the railway company's notes with second mortgage bonds as collateral secm-ity, and interest thereon,
purchased in the Lake Shore interest.
300,000
aoout
185,000
Columbus & Eastern.—This railroad has been sold by Unseourel indebtedness
the
for
|995,000,
company
reorganized
Receiver Picard to the
$2,345,000
The
additional.
debt
floating
of
buyers assuming $320,000
road is 83 miles long, extending from Zanesville, O., to
PROPOSED ISSUES OF STOCKS AND BONDS.
Columbus, and having branches to local coal fields. It is to
1. The capital stock of the company, which is fixed by its
form a connecting link in the roads owned by the Blood charter at $10,000,000, is to remain as at present. But the
syndicate.
amount of stock to be issued on account of the present road
Colninbns & Hocking Talley.— At Saratoga, N.Y., August [which is to be changed to a standard-gauge], and on account
New
of
Carter,
James
C.
15, the arbitration was begun before
of such branches and extensions as the company may hereYork, and E. W. Kitteridge and Lawrence Maxwell, of Cin- after construct, is to be limited to $20,000 for each mile in
Toledo length of main line of staadard-gauge road.
cinnati, between the Columbus Hocking Valley
Railway Company and Steveneon Burke and others, formerly
3. New consolidated first mortgage forty-year 5 per cent
directors of the company. This is by agreement for the pur- sinking fund gold bonds are to be issued to the amount of
pose of settling questions involved in the suit now pending in $18,000 per mile of existing road, bearing interest from NovemOhio. The plaintiff seeks to hold the defendants to account ber 1st, 1888, payable semi annually, and to be secured by a
for the use of $8,000,000 bonds issued in 1881 and exchanged mortgage upon all the property of the railway company of
for $1,500,000 of the stock of the Ohio & Hocking Valley Coal every nature and description, including its 19'3 miles of existRailroad Company, owned by the defendants, thus making ing narrow-gauge road, and the equipment thereof, and about
them the owners of the said $8,000,000 of bonds. The stock- seventy -five thousand acres of land belonging to the comholders of both companies (being the defendants, Burke and pany, which land is embraced in the i)resent second mortOthers) ratified the transaction by vote, and it is now a question gage, but not in the first mortgage. Proceeds of all sales of
of much interest in corporation law whether the transactions these lands are to constitute a sinking fund for the purchase
were legal and valid.
of the bonds at par and accrued interest.
PROPOSED SETTLEMENT.
East Tennessee Virginia & Georgia.— There was a special
maturing November
meeting of the board of directors of the East Tennessee Vir1. All the overdue coupons and those
ginia & Georgia Railroad to consider means of providing cap- 1, 1888, on the first morst mortgage bonds of the company to
It
ital for necessary improvements to the road and plant.
be funded into consolidated first mortgaged bonds, par for
was voted to issue a second mortgage 5 per cent fifty-year par, as of November 1, 1888, and cancelled, and $200 of the
gold bond to the amount of $6,000,000 to furnish capital for capital stock of the railway company to be given with each
the needs above mentioned. The directors calculate that this consolidated $1,000 bond issued for said coupons.
exwill provide all that is necessary for improvements during
3. The present first mortgage bonds to remain intact,
the next six or seven years. The bonds are not to be all cept as to the rate of interest after November 1, 1888, which
issued at once, but are to be voted by the board in larger or is to be reduced to five per cent per annum, each coupon to
smaller lots, aa certificates of the General Manager and Chief be stamped accordingly, so that it will call for $25 instead of
meeting of $35; or the first mortgage bondholders may instead, at their
Engineer may show expenditures advisable.
stockholders will be held at Knoxville, Tenn., on Octo- option, exchange their present bonds for said new consoliThe Commircial dated bonds, par for par, as of November 1, 1888; and in the
ber 18, to authbrize the mortgage.
bulletin remarks: "The board took no action on the event of such exchange being made within a reasondividend question. They will delay this matter, as we have able time, to be fixed by the railway company, each new conintimated, until Director Scott's return to town about Septem- solidated bond to
capof the
carry with it $300
ber 1. The directors representing English stockholders are ital stock of the railway company, which stock and the
dividend
of 5
Relieved to be in favor of the declaration of a
security given to the mortgage to secure
additional
per cent on the first preferred for 1888, and 1 per cent addit- the new consolidated bonds by including therein the
ional on the same stock for 1887. This would make the two
75,000 acres of land, are deemed a fair consideration for
consecutive 5 per cent dividends, which would give the junior
the reduction in the rate of interest from T to 5 per cent for
stocks full voting privileges. President Thomas, however,
the comparatively brief time the present first mortgage
Bays that opinions are divided as to the propriety of paying 1
bonds have to run. The trust company, trustee of the new
per cent more for 1887."
mortgage, is to hold new fii-st mortgage bonds to the amount
The gross and net earnings for the fiscal year ended June of such old first mortgage bonds as may not be exchanged, as
80 were as follows:
above jwovided, the bonds thus held to be issuable only for
1888.
1887.
the purpose of taking up old first mortgage bonds.
Gross earnings
$5,109,918
$4,368,181
lien claims to receive new consolidated
3. Holders of
Operating expenses and taxes
3,393,237
3,013,692
bonds, at par, for the amount of their established claims.
Net earnings
second
$1,716,681
$1,354,489
4. Holders of the railway company's notes with
Fixed charges
1,134,158
833,343
mortgage bonds as collateral to accept in payment of the
Surplus
$582,523
$521,146 notes the face thereof, with six per cent interest from their
November 1, 1888, in new consolidated bonds at par,
EnoxTille & Ohio.— The statement for the year ending date to
and to receive $300 of stock with each $1,000 bond so.taken
June 80 is as follows:
Chicago
made on
&
&
A
Oross earnings
Operating expenses
Net earnings
1887-88.
1886-87.
Inc. in
1887-88.
$490,291
302,883
$408,517
255,796
$81,774
47,085
$187,407
$152,719
$34,688
in railroad con-
Mexican National.— An important event
struction will take place in September, when it is expected
that the gap in this line will be completed and regular through
traffic opened with the City of Mexico.
Considerable work
will remain to be done after the joining of the two divisions,
and it is likely to be some weeks later before traffic can be
handled very rapidly. President Raoul's representatives say
that the new road will give a line from Miesiflsipp River
points to the City of Mexico about 300 miles shorter than via
the recently completed Eigle Pass route, and 700 miles shorter
than the old route via El Paao, Texas.
XSr For other railroad newt see page
188.1
in payment.
com5. Holders of all other established claims against the
pany to receive the stock of the company, at par, to the
amount of such claim?.
6. In consideration and in the event of the funding and
cancellation of the overdue coupons on the first mortgage
bonds, and of the acceptance of the new bonds by the lien
creditors, and by the holders of the railway company's notes
accompanied by second mortgage bonds as collateral security, and of the acceptance of stock by the other creditors as
above provided, the second mortgage bonds are all to be canceled and retired and the mortgage made to secure the same
satitfied of record.
7. All the remainder of said new consolidated bonds to be
issued on the 193 miles of existing road now owned by the
railway company, to be set apart and appropriated to the
changing of the gauge and equipment of the road and to the
other necessary uses of the company, including the payment
:
ACQUST
TBB CHRONJOLE.
18, 1888. J
of the Receiver's eertiflcateg, court coatP, and the necessary
legal, financial, trust and otlur expenses,
Itlank forms of aKreeinont to be signed by the several olassus
of creditors can he had at the company's office, 96 Broadway,
New York, or will be forwarded Ijy mail on request, as soon
as they are completed. Joel A. Sperry, John C. Short, Itobtrt
Blake, SHmuel B. Merwio, Edward L. Bremond— Committee.
OHIO INDIA NA & WESTERN.
MORTGAGE ON THE OHIO INDIANA & WESTERN RAILWAY, SECURING GOLD BONDS, PREFERRED GOLD BONDS, AND ACCRUED INTEREST
CERTIFICATES, DUE APRIL 1. 1938.
FIBSr
Date.— April 2, 1888.
Parties.— The Ohio Indiana & Western Railway Co. of the
first part, and the Central Trust Company, of New York,
Trustee, of the second part.
Property Covered. All and singular the railway of the
Company extending from Pekin, Tazewell Co., Ill eastwardly
via Indianapolis, Ind., to Springfield, Clarke Co., Ohio, including all lands of every description, and all fixtures, buildings, rolling stock, materials, etc., for constructing, operating,
repairing and replacing the railway and all estates, riglita
and franchises whatsoever, and all properties, real, personal
or mixed, now held or hereafter acquired by the Company,
includiog its franchise to be a corporation subject, however,
to the ben of 1 1,000,000 preferred 7 per cent bonds of the
—
,
;
;
Indiana
Blonmington
&
Western Railway Company, now
outstanding, due January
1900.
1,
First
1,
Mortgage 50- Year 5 per cent Gold Bond.
1888.
Denomiim/ioii.— Bonds to the number of 7,750 are for $1,000 each,
l,f)0() for $500 each.
Amount A iMiori:e<l.— 98.500,000, of which $500,000 are Preferred
Bonds (having, tn I'ase of entry upon, or sale of the niortsraged proiiorty,
a nrefert'uce and priority in tiie application of the proceeds), $1,000,000
and
aaditional bcinj; reserved to retire the $1,000,000 Indiana Blooniington
& Western Uailway honds still outstandiux. as above statid, an<l
$500,000 more to lie issued from time to time for betterments and additions the remaindi r being delivered to the Purohasiuf; Committee.
/Vr>iri/ja< foj/rtft/e.— The priuciiial is payable in New York City April
l,19L18.in United States gold coin of, or equivalent to, the present
•tandard of weight and Ilueness.
Inlere»t Payable.— IMerent is payable at the rate of 5 per cent per
annum on the first of January, April, July and October, in like gold coin
In said city.
ra»a(ioH. —rrlncipal and interest are payable free from Government
or State tar.
iv«j/(s//'a/i<»i— Coupon, with privilege of registration as to principal, In
;
New York City.
Sinkini/ i'uiid— No sinking fund
FIRST
provided
is
for.
MORTGAGE ACCRUED INTEREST CERTIFICATE.
lJa(«.— April 1, 1888.
Denomination.—^
.
AmnuHt Aut/ir>rizecl.—9^
1, IS'-'i,
.being the amount of interest to April
tlie ludiaua Bloomington & WestCentral Trust Co. under an agree-
upon certain of the bonds of
ern Railway Co. dejiosited with
ment dated October 28, 1886.
tlie
Frinciiial faynhle.—The irinoiiial is pay.ible April 1, 1938, unless the
certillcatc l)e previously drawn by lot as provided In the mortgage.
Interest Payaft/f.— Interest is payable to the bearer at the rate of 5 per
cent per annum, Aiiril 1 and October 1,
Covenants.
—The Company covenants
otiier charges the lien of
the lien of this mortgage.
to pay
which could be held
all
taxes and
to be prior to
—
—
Accrued Interest Certificates. The Company agrees to pay
over to the Trustee hereunder on April 1 in each year all surplus earnings and income which remain for the previous year
ending Deo. 31, after the payment of all interest accrued upon
its outstanding obligations, including the bonds and accrued
interest certificates hereby secured, and after the payment of
all expenses incurred in conducting the Company's business,
and the cost of betterments not reimbursed by the sale of the
said $500,000 bonds reserved for improvements, and after
deducting from the said surplus an amount sufficient to pay
the next accruing instalment of interest on the said bonds
and certificates hereby secured and the Trustee shall apply
said moneys to the payment of such an amount of the accrued
interest certificates drawn by lot as the fund then in its hands
shall be sufficient to pay, with interest thereon to the date of
P|a3'ment, which shall be not less than thirty nor more than
sixty days from the date of drawing. The numbers of certificate drawn shall be advertised in some newspaper published
in New York City. The certificates when paid shall be canceled, and upon the payment of the whole issue the mortgage
shall be released in respect of the lien of said certificates.
Default. In case of default in the payment of interest on
any of the said bonds or interest certificates, or of any taxes
lawfully laid, or of any debt for labor, supplies, equipment or
improvements, or of default in any other covenant herein
contained, and in case such default be continued for 90 days
after demand in writing by the Trustee for the payment of
said moneys, or the jierlormance of said covenant, it shall be
lawful for the Trustee to enter upon the property hereby conveyed and to operate it, applying the net proceeds therefrom
first to the payment of interest upon the $500,000 preferred
bonds, numbered from 1 to 500 inclusive, in the order in which
such interest shall have become due, and then to the satisfaction ratably of the principal of the preferred bonds, and afterwards in like manner to the payment first of the interest and
then of the principal of thfi olh*r bonds hereby secured, and
;
—
Iwtly, after all such payments, to the payment In a iilmilar
manner of the interest and r>rin(^ii>al of the tucriied int^-rest
certificates. And if, after all said payments, a surplus remain,
it shall bo lawful for the Trustee to turn it over to the Com*
pany or to whomsoever the Court shall direct, and thereupon
to deliver also the mortgaged premises to the Company.
In case of default as aforesaid, or in case of default in the
payment of the ))rincipal of any of the b:)nds or interest certinoates continued for ninety days after demand for payment
made in writing by the Trustee, it shall likewise be lawful for
the Trustee, and upon receiving a written re<iuisition signed
by a majority in interest of the bondholders hereunder, the
IVustee shall sell the premises hereby conveyed oj an entirety
or in parcels at public auction, and shall apply the net proceeds: (1) To the paymentof intcreston the $.500,000 preferred
bonds in the order in which it has become due, and then to
the payment ratably of the principal of the same whether or
not previously payable. (3) Next to the payment of the principal and accrued interest of the remaining bonds secured by
this indenture, whether or not the same shall previously have
become due. (8) After the bonds secured hereby have been
fully paid, principal and interest, the balance of said proceedB
shall be applied to the payment ratably of the principal and
interest of the outstanding accrued interest certific ates,
whether or not due.
'wr~\
In case default shall be made and continued as aforesafd,
the Trustee may, and upon a written requisition signed by
the holdeis of a majority in value of the outstanding bonds,
or if sucli default be in respect to' the payment of any principal or interest on any of the Preferred bonds, then upon receiving a written requisition signed by the holders of a
majority in value of the outstanding Preferred bonds, shall,
commence such suits as may be necessary to obtain a sale of
the property by judicial authority and in case of any such
sale the proceeds shall be distributed as hereinbefore provided,
should the sale be made by the Trustee in the manner herein
before named.
In case of default in the payment of any instalments of interest upon any of the bonds aforesaid, or of any of the payments required by this indenture, the default being continued
as above provided, the principal of all the bonds secured hereby shall at the election of the Trustee become immediately
due and payable. But a majority in interest of holders of
faid Preferred Bonds, or of the other bonds hereby secured,
severally, may in writing instruct the Trustee to declare the
principal of their respective kinds of bonds due, to waive the
right so to do on such terms as may seem proper, or may
annul or reverse the decision of the Trustee.
Trustees. In the event of a vacancy in the office of trustee,
or in case of the Trustee's disability or neglect to act, then
until the appointment of a trustee as hereinafter provided,
Frederick P. Olcott of New York City, and Charles W, Fairbanks of Indianapolis, Ind., and the survivor of them are
appointed to act as trustees. The Trustee may be removed
and a new trustee appointed by a vote of a majority in
amount of the holders of the aforesaid bonds then outstanding, at a meeting called for the purpose, held in New York
City, at which meeting bondholders may vote in person or by
proxy at the rate of one vote for every $100 owned by them ;
and, further, in case of failure on the part of a majority in
amount of the bondholders to agree on a new trustee, then
the Company is empowered to apply, and if it refuse so to do,
then the holders of $100,000 bonds may apply, to any Court of
competent jurisdiction in Ohio, Indiana or Illinois for the
appointment of a new trustee or trustees.
;
THE BOXD.
Date— April
201
SECOND MORTGAGE ON THE OHIO INDIANA & WESTERN RAILWAY, SECURING GOLD BONDS AND
ACCRUED INTEREST CERTIFICATES, DUE APRIL
1, 1938.
Date.— April 2, 1888.
mortgage provides for $3,000,000 second mortgage
bonds, none of which are preferred. In other respects the
provisions of this deed and of the bonds and accrued interest
certificates issued under it are substantially the same as in the
first mortgage, an abstract of which is above.
This'
Bonds Called for Payment.—The following bonds ue
payment
Chicago & Western Indiana 1st mort. 6 per cent bonda
dated November 1, 1879, due November 1, 1919, to be redeemed on November 1, 1888, at the oflioe of Messrs. Drexel,
Morgan & Co., New York, at 105—40 bonds of $1,000 eaob,
called for
—
namely,
37. 63, 179, 207, 208,
1638, 1552, 1564, 1721, 1737,
2026, 2037, 2099, 3308, 3315,
2706, 3738, 2905, 2983, 3031,
Henderson Bridob
due September
first
264, 354, 406, 451, 496, 1364, 1483,
1769, 1803, 1854, 1863, 1873, 1980,
2328, 2333, 2453, 2495, 8683, 3616^
3116,
mortgage 6 per cent bonds dated
be paid at the office of the
Central Trust Co. of New York on September 1 1888, at 105
per cent— 24 bonds of $1,000 each, 109, 123 176. 305, 483, 699,
1881,
1,
1931, to
,
669, 710, 813, 838, 1008, 1109, 1302, 1304, 1450, 1509, 1583,
1607, 1708, 1915, 1938, 1963, 1991.
Chicago Lincoln Park bonde,
bonds, namely, 30,
to be pnid April
1,
1«0^
1889—8(1
57, 64, 78, 88, 99, 104, 136. 1.50. 1«6, 187, Vtl,
287, 289, 295, 403, 419, 437, 447, 450, 476, 4>'7, 606. 530, 589, 667,
573, 589, 611, 623, 648, 669, 679, 683, 686, 701, 731, TO3, 749, 777,
781, 801, 835, 832, 837, 838, 849, 857, 871, 880.
:
.
.
THE CHRONICLE.
202
COTTON.
Simes.
glxje ©JOftwrnjemal
17, 1888.
mercantile
Notwithstanding the return of very hot weather
satisfactory progress.
Friday. P. M., August 17, 1883.
as indicated by our telegrams
from the South to-night, is given below. For the week ending
have reached 19,419
this evening (Auk. 17), the total receipts
bales against 9.915 bales last week, 6,384 bales the previous
The Movement of the Crop,
COMMERCIAL EPITOME.
Friday Nioht. Aug.
[Vol. XLVII.
Values
affairs in this city have made
often show some
in most cases are weU maintained and
io the price
improvement. A notable advance has been made
circles show no new
Speculative
mprkete.
interior
of wool at
fluctuate under the mflufeatures, wheat having continued to
comer
reports at home and abroad, while the
week and 8,033 bales three weeks since, making the total
receipts since the 1st of September, 1887. 5,526,960 bales, against
showing an in5 2^3 097 bales for the same period of 1886-7,
crease since September 1, 1887. of 303,863 bales.
Mon.
Sat.
Receipts al-
«nceof weather
in August cotton
The
the dominant influence in that market.
has been
southern portion of the trans Mississippi region
as
general
as
been
not
have
they
rains,
but
needed
Tisited
is still
by
favorable
could be wished. Generally the weathtr has been
extreme
the
from
reported
are
frosta
though
prospects,
for crop
-Northwest.
Lard on the spot shows a decided advance for prime "Western, the effect of a speculative oorrer on Augu-t contractp,
for
closing to-day unsettled and somewhat nominal at 8-75c.
9c.
and
Western
choice
prime
to
for
20@9'25c.
prime ctiy, 9
for refined to the Continent. The speculation in lard for fu-
ture delivery has been fairly active in the past few days and
-was to-day quite buoyant on the manipulation of the bull
clique in August options, closing firm.
DAILY CLOSING PEICES OP LAKD FUTURES.
Saturd'u. Mond'y Tiiesd'y. Wednsd'y. Ihursd'y. Friday.
9-10
9-2,5
9-00
..-:
900
Aug. delivery.... c. ....
8-93
8-90
907
'
fiept. delivery. ..0.
Oct. deUverv... c.
c.
Uov. delivery
Dec. delivery
8-82
8-72
8-67
8-12
8-P8
8-78
8-15
7-80
810
e.
8-88
8-24
7-86
8-SO
8-20
7-82
83^@9c., andhamsl3J;i@14c!. Beef rules quiet at $7@$7 50
for extra mess and |8@$8 50 for packet perbbl; India megs
quoted at |13@|15 per tierce beef hams steady at $15 75@
#16 perbbl. Tallow is quiet at 4=^c. Stearine is quoted at
Butter is in better
Oleomargarine is dull at 9;''4;o.
lie.
demand at 15@21c. for creamery and ll@14c. for Western
;
creame;y
Cbee.se
fairly active at
B;gc.
for State
fdctory.
Coffee on the spot has been moderately active at prices
showing no decided change. To-day there was a fair business
in mild grades. The speculation in Ri ) options was firmer early
in the week, but became quite dull with some depre;sion in
values, caused by advices of increised receipts at Rio. To-day
there was liitle change but some irregularity, closing with
August
Septembei
10-9.=c.
IDecember
9-85o.
9-90c.
9-95o.
lOSOe. [January
9-95c. February
April
1000c.
|May..
10-05c.
1
June
1005o
March
lOOOo. July
10-lOc.
Raw sugars have been at times quite active at ralhtr
stronger price?, and sales to-day embraced 1,000 hhds. English Inlands, 88 deg. test, at 53>^c., and 77,000 bags B-azlle, 85
deg. and 87 dfg. tefts, at 5@5 3 16o. Refined in good demand
and steady at "ifa^TJic, for granulated and powdered. Mo.
lasses is scarce and firm. Teas are in better dtmand and firm.
Kentucky tobacco is quiet, but rather more firmly held, oq
"Western advices. Seed leaf in brisk demand, with sales ag.
October.
Koveniber
I
iV85c.
|
I
I
gregai ing 2 340 cases, as follows
300 cases 1887 crop,
Pennsylvania Havana, 19@25c; 250 cases 1>'87 crop, Pennsylvania seed. 10® 12c.; 200 cases 1887 crop, Wisconsin Havana.
9@14o.; 200 cases 1886 crop, Wisconsin Havana, 8'ai2i^c.; 200
cases 1886 crop Dutch, 9i^@ lU^c; 120 cases 1887 crop, Zuniner'e,priva'e terms; 300cases 1886 crop, Pennsylvania Havana,
10@14e.; 400 cases 1886 crop, Pennsylvania seed, 6J^@13c. 120
cases 1882-85 crops. New England, 10@13?.; 100 cases 1886
crop. New England, ll@14c.; and 150 cases 1887 crop, New
England Havana, lfi@26e.; also, 560 bales Havana, 60c.@$l
10, and 250 bales Sumatra, $1 35® $1 75.
The speculation in crude petroleum certificates has continned active, but prices took a lower range, declining to-day
to 831^0.. but closing at 85?4:@85;j^c. Spirits turpentine is
dhll St 36?<^@37c. and rosin quiet at $1@$1 07i>^ for strained.
On the Metdl Exchanjje straits tin has declined, selling today at 20b0c. and theu 20-65i'.for September; quoted 21o. on
tbe pp( t. Ingot copper was to-day slightly lower, with sales
375.000 lbs. for August deliV' ry at 16'65c. Lead sold to-day
at 4%c, for Srptember, sho" ing a firm market. There was
B6me movement in domestic spelt?r at 4-70@4'7sJi^e. for
October, The interior iron markets are firm but quiet.
:
234
1,201
159
274
47
438
160
197
231
3:
227
1,526
8
155
275
155
17
124
767
609
931
1,059
es
4,436
68
448
44
3
58
16
44
28
56
57
93
9
617
93
156
2
86
412
478
394
902
597
783
210
602
789
1,085
333
24
266
1,021
3
1,495
2
2,306
2,698
2,639
1,662
1,495
4.9S3
19,449
PortEoyal,&o
Wilmington
Wash'gton, &o
Norfolk
...
Weat Point, &o
New York
Bos' on
75
221
38
16.=
Baltimore
117
117
Phlladelplila,&o
Totals thla week
l,6sil
4,708
4,083
1
2.130
1,874
For comparison we give the following table showing the week's
total receipts, the total since September 1, 1887, and the stock
to-night, compared with last year.
1886-87.
1887-88.
Week.
Halveston ...
luu'nola.&c
New Orleans.
Mobile
Florida
Savannah
...
Brunsw.jc&o
Charleston ..
P. Royal, &.C
Wilmington
1,204
1,526 1,774.919
275 205,131
155
24,524
4,436 877,324
68
77,414
617
93
158
.
...
2
2,306
2,698
2,639
1,662
1,495
Ptll'del'a, <to
117
Wash't'n,<fco
Norfolk
W.Polnt.&c
New York
Boston
Balttmore
1887.
1888.
712,550
856
2,815
5,602 1,738,940
3-1
213,491
54
23,944
17,217
1,401
21,710
3,175
1,080
363
613
369
418
726
913
139,895
3,000
4,844
3,904
68,772
3,000
3,400
658,063
Stock.
Since Sei).
1, 1886.
Thii
Week.
Since Sep.
1, 1887.
This
337
795,064
31,731
308,367
19,212
134,824
3,839
532,163
324,223
90,805
105,402
64,010
59,520
14^
422,875
16,720
168,562
4,935
492,637
531,076
94,719
98,526
52,007
27,523
9
6
4
3
5
1
45
187
590
8,089
13,449 5,526,S60
9,619 5,223,097 175,749 108,217
Totals
G.-Uveston Includes Indianola; Cliarlestuu includes Port Royal, <sc.;
WllmiuKtonlnoludesMoreh'dCity, <Sic.; West Point includes City Point, &c.
In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
Receipts
at—
1888.
1887.
1886.
1884.
1885.
...
4,436
Oharle8t'n,&c
Wilm'gt'u, Ac
Norfolk
W't Point, &c
All others
710
2,306
2,698
6,138
4
108
2,447
733
984
332
90
203
206
50
367
221
412
Tot. this w»eli
19,44»
9,619
8,991
4,402
2,865
Qalveston
sellers as follows
328
Charleston
Aiig. 17.
;
148
946
Receipt* to
;
178
Brunsw'kj&c.
8-30
7-90
;
259
8
Savannah
Total.
Tri.
57
Florida
8 '97
Pork has felt the influence of a Western speculation, at d
the tone of the market was quite unsettled to-day speculation was buoyant, but regular trade dull mess |14 ISigflS 50
for old snd new; extra prime, $14@|14 50 clear, $16 50®
Cutmeats are unsettled; pickled bellies, 9>^@10>^c.;
$18.
shoulders, 7%@8c. and hams 12)^@12%c. ; smoked shoulders
is
Qalveston
Indlanola,&o.
Kew Orleans...
Mobile
Thurs.
Wed.
Tiiet,
•
New Orleans.
1,201
1,526
3,400
5,602
3.421
2,525
275
34
337
149
47
259
97
9
6
7
Mobile
Savannah
SioM Sept.
1
l.'>8
1,8U9
929
75
557
155
10
69
109
79
5(Se,9et>< B223,097 5337,618 4744,061
we
1833.
6,108
1,899
165
1,241
137
107
438
42
1,175
11,365
4813,703 5971,930
for the week ending this evening reach a total
of 10,*'>9 baJas, of which 7,304 were to Great Britain,
to France and 4,155 to the rest of the Continent.
Below are
the oxports for the week and since September 1, 1887.
Th« exports
—
Week Ending August
17,
\From
Exported to—
Exports
Great
BHVn. France
Conti- Total
nent. Week.
Sept. 1, 1887, to Aua. IT,
Exported t<i—
Oreat
Continent.
Britain. France
1883
ntoL
;
'
Qalveston
New
Orleaaa..
428
793
1,218
OiO.SaO, 43,980
833,121
8,M8
Florida
16t.S5i
70.637
75,786
280,383
....
Charleston....
Wilmington
..
Norfolk
West Point,&c
New York
Boston
Bp-lflmore
Ph!lad8lp'a'&<
Xotal ......
Total 188^7
*
233.»SiJ
312,883
4S5,605 l,E2a,S69
62,488
3,443
240,898 410,230
191,145' 237,631
121,903
s»,7aa
D,139 835,582
232,632
4.02t
757,015 399,819
62,488
Mobile
Savannah*
81,973
226.S8a
..
B,311
3,361
8,578
704
a
700
903
24,650
^34,573
Bea
7,301
150
8,405,
OS,048
1
11,45«
Z.S71
«7,17l •i.7H
i
3,400.
1U,053
4,135
Jaolodes exi»>rts tronl'i rimaw loll.
12,480
25,839
6,395
881,128 104
li'JS
5W 474678
47,604|
6,836|
8117.980
237,879
163.98J
71,834
r30l,7« 4.590,793
1,174 4iW 4.S77 58
a
ArocsT
:
THE CHRONICLE.
18, 1888.]
In addition to above exports, our telegMms to-night alao give
na tho following timounts of cotton on sliipboard, not cleared,
at the ports nnined. "We add niinilar figures for New York,
which are prepareKl for our special use by Messrs. Carey, Yale
* Lambert, 84 Beaver Street.
Tbk Bales and Priois or Fotvru are shown by the follow,
log oomprehenBlve tabl«
ml
33?l
f3g| ilia
f3?| illt
I^S^ liSl l^St' |gSl §.23^ ISSI
On BMpboard, nol eUartd—for
Auguft 17, A*—
Leaving
Other
n.„„,.
BHtain. "^«"««- Foreign
0reai
NewOrleana
-
OoculKite.
I
Stock.
^^
^'"^
15
None.
Galvi-itnii
Norfi.lk
None.
None.
None.
None.
None.
None.
New York
8..")U0
450
Other ports
2,000
None.
None.
None.
None.
None.
None.
None.
a.coo
None.
450
3,000
1,205
10,115
1.114
3.650
2,800
gso
687
16.70B
16,065
MobUe
Charle8tou
20?
•.
BuvnTiiiah ...,.,
TotaJ1888
None.
None.
None.
None.
None,
None.
10,500
Total 1887
Total 188U
200
15
None.
50
50
1.200
1.200
Noiio.
None
None.
None.
12,850
2.000
None
None.
The speculation in cotton for future delivery at this market
continued this week to feel the influence of the corner on
August contracts, and the course of values was unsettled,
with some irregularity.
A feature was the heavy gross
receipts at this port, amounting for two days alone (Monday
and Tueeday), to about 16,000 bales, including about 3,000
bales from Liverpool, making an Important addition to our
stocks. Another feature was the fall of rain in Texas and the
Southwest, quite heavy at Palestine and New Orleans,
abating somewhat the apprehensions from drought, and
causing a sharp decline on Tuesday, when they were mentioned in the Government weather repoita; but on Wednesday it was asserted that these rains were merely local. On
Thursday there was a dull, unsettled market. To-day there
wss a sharp decline in August contracts, said to have been
conceded for the purpose of checking the shipments of cotton
to this market, and the next crop was weak under improved
crop prospects. Cotton on the »pot advanced l-16c. on Tues
day. The usual back report of a large busineaa for export was
made on Monday, but actual clearances have continued on
the smallest scale. It was asserted on Wednesday that parties
who would agree to take the cotton out of the market could
buy 3-^c. under the nominal quotations. The close is easier
and nominal at IP3C. for middllog uplands.
The total sales for forward delivery for the week are 253,000
bales.
For immediate delivery the total sales foot up this week
11,250 bal«8, including 8,935 for export, 2,315 for consumption,
for speculation and
in transit.
Of the above
bales
were to arrive. The following are the official quotations for
each day of the past week August 11 to August 17.
—
—
—
—
UPLAND3.
Qrdlnery
Strict Ordinary
Gooil Ordinary
Htrlot Good Ordinary
Eow Middling
Strict Low Middling
1
8»8
9>e
101,,
91,8
.,
iS'- 10
lOJfl
10»3
lO'g
llO'^a
11%
11%
8=8
91a
8=8
Idle
10»>8
10ii,s
11^18
II618 :ii»i« 11%
ll's
11»B
11»8
ll"l« 1111,8 1111,,!:
11 'a Ill's
iii5i«: 1116,8 111618I)
12Bj8
12'4 1214
I2iij9; 121*,,: 12i*,eb
il2'8
1278
ttlddlliiK
11^18
i
Good Middling
Good Middling
Btrlct
Middling
Fair
TnecTTed Tb.
Sat, ,Mon.
?llb.
FaU
1
GULF.
Sat.
I
Ordinary
Strict Ordinary
G-ood Ordinary
Btrlct Good Ordinary
Ix>wMlddliD«
Btrlct Low MlddllnK
Middling
Good Middling
Strict Good Middling
»
[
SUu^
lb
I
Si'iai
8%
9^
|
8%
914
914
93,8
1018
103,8 il03,8 10»,8 il03,8
lOlliellOllis'lOllullOUie
10»B
11
111,8 111,8 111,8 ,m,e
IH4
ll->,8 115,8 |11»,8 illlSl8
III3 lll^)
117,8 117,8 Ill's ;llia
98,8
I
|
jlO'a
101%
11
im
11%
111%
'12
Fair
1233
13
il3
STAINED.
;lll3i8Ul«i8lll»]«!lll»,8
121,8 ;121,8 ,121,8 ,121,8
127,8 1127,8 127,8 1^7 8
12
12%
MlddUngFair
Good Ordinary
Strict Good Ordinary
non TnesiTTed Tb.
'
1131,6 :13i,B 1131,8 )13iie
tmon TnealWcdi Tb.
Sat,
Sib., 8ia
1
FrI.
6»,8
8»,«
8»ta
8»i»
9>4
9^4
9>4
914
1C3,8 !l03.. |10.„ |103..
I
I
LowMlddBng
93,
'10i«
Middling
!10i6i,
I
J
MARKET AND SALES.
The total sales and future deliveries each day during the
week are indicated in the following statement. For tho conrenienoe of the reader we also add a column which shows at a
glance bow the market closed on same days.
Inclndei Bales in September, 1887, for September, 253,200 ; Bepfrfor October, 570,v00; .Scplciuber-NoTemUcr, for November, 481,600; September- December, for Depemlier, 1,027,400 SeptBeiiteuiber-FebniaiT, for Febember-JttBuary, for January. 2,250,eOO
ruary, 1,691.700; September-Marok. for March. 3.112,100; SeptemberAprU, for April, 2.095,700; September-May. for May, 2.688,800 ! ^Pleiubcr-Jime, for June, 2,993,400; September-July, for July, 1,431,80».
•
ember October,
;
ALSS OF SrOT ASV
irOfT
MARKXT
OLOBKO.
Dull and oaaj. ..
Mon .'Dull aud easy, ,.
Tii»9. Flria a l,g adv..
Bat
We*
..
-Quiet
Tliiuv Quiut and ataady
Frl... li^iMier
TOtaLj. ....... ......
The
....
TKAJISIZ.
S»-
Con-
Spee-',
7Va»-!
port,
lump
ul
uCt'n]
tit.
8,935 1,476
55
407
97
195
85
8,935j2,315
rpTURC S.
Deli*-
Total.
10,411
55
407
97
195
85
Sate*.
eriee.
31,1001
36.500;
59,700
34,500!
31,500|
89,700
11,250.253,000
dally dellverleB otven above are actually deUvered tb« (»>j
-pTeTious to Uiat en wUca Uit y are reported.
ik_
;
have Inoladed In the above table,
ly WeglTC,
average price of fntoret
and nhaU continue eartday for each month. I»
•• Aver
TlOr
will b« found under each day following the abbrPTlatlon
giTen
at bottom oftfl*.
1b
al»o
the
week
for
month
each
avnage for
TXea«ay»
11-40J.;
Tranaferable Ordnri>-8»rurrtai-. 11-350.; Monday,
11-350.
11-450.; Wedneeday, 1 1-4O0.; ThursOay, ll-45o.; Friday,
wee*
to
e.ie)i
the
The following exchangea hare been made during tha weak
•24 pd. to exch, 400 Jim, for Sept
1
-12 pd. to excU.
100 0«t. for Sept,
r
.
;
1
1
1
THE CHHONICLK
20i
The Visible Supply op CXynON to-night, aa made up by cable
and telegraph, is aa foUows. The Continental stocks, as well ap
return*
those for Great Britain and the afloat are this week's
and consequently all the European figures are brought down
complete
to Thursday evening. But to make the totals the
from
figures for to-night (Aug. 17), we add the item of exports
the United States, including in
The abo%e totals show tliat the old interior stocks have
decreased during the week 4,499 bales and are to-night 2,156
bales less than at the same period last year. The receipts at
the same towns have been 1,558 bales tnore than the same
week last year, and since September 1 the receipts at all the
towns are 106,601 bales more than for the same time in 1886-7,
Quotations for Middling Cotton at Other Markets.—
the exports of Friday only.
it
[Vol. XL^II.
1888.
1887.
1886.
Dale*
465,000
16,000
597,000
39,000
533,000
24,000
648,000
22,000
In the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for eacE
day of the past week:
Total Great Britain stock.
Btook at Hambnrg
Btook at Bremen
...
Btook at Amsterdam
Btook at Rotterdam
....
Antwerp
Btook at
Btook at Havre
Btook at Marseilles
Btook at Barcelona
Btook at Oenoa
Btook at Trieste
481,000
636,000
4,300
61,900
29,000
557,000
4,000
32,700
20,000
670,000
5,800
35,700
38,000
Week ending
Aug. 17.
Xotal Ciontlnental stocks
237,900
340,500
267,300
318,200
Total Enrqpean stocks
India cotton afloat for Europe.
718,900
41,000
27,000
976,500
120,000
48,000
32,000
108,217
17,408
9,140
824,300
144,000
29,000
4,000
197,079
40,082
988,200
65,000
37,000
2,000
145,427
Btook at Liverpool
Btook at London
Btook In United Btates ports.
Btook In U. 8. Interior towns..
Onlted States exports to-day.
4,000
36,900
7,000
300
700
118,000
3,000
48,000
8,000
12,000
6,000
175,749
15,252
1,033
1885.
200
300
800
1,100
196,000
3,000
32,000
4,000
9,000
1,300
127,000
6,000
50,000
15,000
11,000
1,900
166,000
4,000
48,000
9,000
9,000
8
15,911
4,700
984,934 1,311,265 1,238,469 1 253,238
OI tlie above, the totals of American and other descriptions are as foUows:
Ttotal visible
supply
Amef tcan —
Uverpool stock
Continental stocks
bales
Amerloon
afloat for Europe...
Onlted States stock
United States Interior stocks..
United States exportsto-day..
Total American
Ecul Indian, Brazil, <tc,Uverpool stock
London stock
Oonllnental stocks
India tttloat for Europe
Ao
Total East India,
Total American
1,033
8
688,765
655,034
^gypt, Brazil, &c., afloat
372,000
176,000
29,000
197,079
40,082
326,000
180,000
48,000
108.217
17,403
9,140
306,000
130,000
27,000
175,749
15,252
814,169
451,000
203,000
37,000
145,427
15,911
4,700
271,000
39,000
160,500
120,000
32,000
161,000
21,000
91,300
144,000
4,000
197,000
22,000
115,200
65,000
2,000
320,900
655.034
622,500
688,765
424,300
814,169
401,200
857,038
rues.
10
lOM
lOie
ON—
FH.
Thurt.
lOifl
1018
10%
10%
lOifl
MobUe
10
10
10
10
10
10
1018
1014
Savannah
...
...
Charleston
..
Wilmington
.
9''8
9''8
lOU
IOI4
IOI4
10
10
10
10
10
10
lOifl
1018
lOia
lOig
IOI3
10^8
IOI3
1018
10i»
10=8
1038
lOiSg
Norfolk
I013
11382)13 H38®ia 11%® I2 llifi'S'Sa llifiS^Ss lll2»»g
Boston
Baltimore ... Il®lll8 11®1118 11®11>8 11 «'lll8 11®1118 llsllij
11 14
III4
Philadelphia
ll>4
III4
III4
11>4
IQia
Augusta
lOie
lOie
1018
1018
10
Memphis
10
10
10
10
Cincinnati...
lOifl
10l>8
1018
lOOg
1018
lOBs
LouisvUle
10%
10%
11.38
101a
10=8
1038
Louis
St.
. .
10
,
10
Ids]
1018
10=8
1038
105^
1038
—
Receipts from the Plantations.
The following table
Indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor
Southern consumption they are simply a statement of the
weekly movement from the plantations of that part of the crop
s'hich finally reaches the market through the outports]
;
Week
Receipts at the PorU.
SVk at
1887.
1888.
1886.
I
1888.
Interior Tmvns. Re^^pti from Plant'tu.
1887.
1888.
9,471
7.026
68,227
!<3,B48
37,867
3,295
2,581
10,062
64,810
B7.62(l
1,499
8,033
6.384
31,470
88. IBS
23,685
7,270
0.649
9.815
19.449
29,188
87,937
26,018
2a,»e7
1887.
1886.
I
July
"
20.,
1,072
6,744
"
87..
8,060
13..
Aug. 3
"
"
10..
7,624
6,860
X7..
8,99ll
.
49,807
48,719
47,542! 22,
3,8«e
4,726
1,906
3,3!i7
1,876
6.572
20,385
16,244
7,814'
1888.
I
196
37|
8,««8
6,816
15,80
—
The above statement shows 1. That the total receipts from
the plantations since September 1, 1887, are 5,519,374 bales;
In 1886-7 were 5,193,028 bales in 1885-6 were 5,369,310 bales.
2.
That, although the receipts at the outports the past week
were 19,449 bales, the actual movement from plantations
only 15,308 bales, the balance being taken from the stocks at
the interior to^vns. Last year the receipts from the plantations
for the same week were 8,668 bales and for 1886 they were
7,814 bales.
984,9341,311,265 1,238,469 1,258,238
Saigd.
bHi57,6d.
5''ied.
9iiieo.
113tc.
96„c.
105,6C.
imports into Continental ports this week have been
;
—
20,000 bales.
The above figures indicate a decrease in the cotton in sight
to-night of 326,831 bales as compared with the same date of
1887, a decrease of 358,635 bales as compared with the corresponding date of 1886 and a decrease of 278,304 bales as
compared with 1885.
At the Interior Towns the movement that is the receipts
lor 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 1886-87 is set out in detail in the following
wm
Amount of Cotton in Sight Aug. 17.—In the table below
we give the receipts from plantations in another form, and add
to them the net overland movement to Aug. 1, and also the
—
takings by Southern spinners to the same date, so as to give
substantially the amount of cotton now in sight.
—
1887-88.
statement.
JgQW XT-
Wedneg.
New Orleans.
Total visible supply
PrloeMld.Upl., Liverpool
PitoeMld.Upl., New York....
^~ The
Hon.
IOI4
1018
Galveston
857,038
169,000
16,000
107,900
41,000
6,000
CLOSING QUOTATIONS FOR MIDDLINO COTTON
Satur.
1886-87.
1885-86.
i
j
|
1884-96.
rsm0u
Receipts atthe ports to Aug.l7. 5,526,960 5,223,097
Interior stocks on Aug 17 in
*7,586
*25,074
excess of September 1
SttSsFfeEog-"
Tot. receipts from plantat'ns 5,519,374 5,198,023 5,309,310 4,746,0901
Net overland to Aug. 1
978,694 788,880 821,134 610,060
Southemconsumpt'ntoAug. 1 435,O00| 391,000 308,000 264,0001
31,692
2,029
C.g.c'
»
^
rEoEg-.i
- ,- o a H ty<
-r'
p.
5o?!
?; o:
Total In sight Aug.l7
6,933,068 6,377,903 6,498,444 5,620,1501
Northern spinners' takings to
Aug. 17
1,768,488 1,639,426 1.773.462 1.384.179
|
cto:
to
O0i| 00&3OCC
0)C> tf^^lCO
lu
-q
o
a
01
ci^ a &i
1^
1
O
s £ s i^
If.- It*-
;-?
MWTC;T.30WC;m3
'^ " s^ '" "" °^ ® f^
^''
I-
£.&)
Weather Reports by Telegraph.— Our
® w * 3^
telegraphic ad-J
from the South tonight indicate that in many districts 1
the crop has been benefited by needed rains, but that in por-j
tions of Texas the drought continues. Picking is making]
good progress in the earlier sections.
I
Qalveaton, 2Tea:fls,— Nine hundred and sixty-four bales of 1
new cotton have been received, making thus far this year one f
thousand three hundred and twenty-four bales. There have I
bsen fine showers on two days of the week, the rainfall reach-l
ing one inch and nineteen hundredths. The thermometar has 1
ranged from 74 to 88, averaging 81.
i-alestine, Texas.
We have had splendid rains on two
days of the week which have saved the crop, though there
has been hardly enough yet. The rainfall reached one inch
and thirty hundredths. Average thermometer 79, highest 91,
vices
toi-*;
M
o-.w;
to
«D
oaou
a
(0
fto
^
rt*^
,
''1
M'
I
•
OD OS
C;"
O M to
i|!fc
^O* OOCiO
h;
ocooca!
!
>s
00
5(0>4MMWM S
^^^tO^H»M <J
Ulh-
'Oi^waoto o
•^ rf*- C5
00
fc
>-;
to
ton
to
h
—
^1
irS-
M
MM
H 1^ M 00 M
O WW
lowest 67.
Euntsville, Tfea^flw.— There has been but one miserable
shower during the week, doing no good. The crop is suffering
greatly. The thermometer has averaged 84, the highest being
96 and the lowest 71, and the rainfall reached three huudreltUs
OClMlOtOOiCDI^QOWtO
0(D0 fCC.Cl
W -1 W u Oj O 0* ^1o
c?oo
toc.:,£.
h."
09U
8m|
;
WO
OO.
(0^
I-*
of an inch.
w<i:
"•
-J.
o~]o>o:
Dallas, Texas.— The heat is terrific and the drought terrible.
has fallen yet, and the crop is going to ruin very fast.
The thermometer has averaged 88, ranging from 73 to 103,
No rain
eoDOM
c'toit.coM;
—
lets
»giO>. S.
t0OM»; O-lSoOlK^SS
•T*» agurps
1
\
m
dMkOOSOMWWO^D
ic :; .- tn
{
'Decrease from Sept. 1.
It will be seen by the above that the iucrease
amount in sight tonight, as compared with last year, is 555,165 bales, the Increase as]
compared with 1885-6 is 434,624 bales, aud the iucrease over 1884-5 I
is 1,312,918 bales.
CO
for LoulsTlUe In both years
are "net"^
This year's figures estimated.
'
Ban Antonio, Texaa. ^Locally no rain has fallen yet,
though some neighboring sections have had good rains. The
crop is suffering very much from drought. Picking is active.
The thermometer has ranged from 69 to 98, averaging 84.]
—
August
;
THE CHRONICLE.
18, 1888.J
Lulinff, TVaKi*.—The weather has been dry and hot here
the week and rain is badly needed. Some neixhborhojdii
have already had good showeiH. PickiuK iiiivkes KOod proall
206
Golumbttt, ff«orgia,—W« have had rain on three days of
the week, the rainfall reaohing four inchei and Mventy nundredthf. It is reported that caterpillars have m»de their appearance on the river plantations.
The thermomet«r has
AvorHge thermometer H5, highest 100, lowest 09.
Columbia, Texas.— Then have been light shower.! on tlirpo ranged from 73 to 95, averaging 84.
Savannah, Oeorgia.-lt has rained on five days of the
days of the week; the rainfall reachinj? twenty hundredths
What we want is a good siakiog rain and then week, the rainfall reaching one inch and thirty-seven hunof an inch.
weather
are
the
more
dredths.
New cotton moves freelv, twenty-eight hundred
apt to
Light showers and cloudy
quit.
bring catorpillars. (food progress is being made with pick- and forty bales have been received thus far. Average therTlio thermometer baa averaged 84, the highest being !)3 mometor 80, highast 89 and lowest 72.
ing.
Augusta, Georgia, The crop is developing promisingly.
and the lowest 70.
Ouero, Texas.— It has rained splendidly on two days of the Rain has fallen on one day of the week, to the extent of
The thermometer has averweek, the rainfall reaching eighty-nine hundredths of an inch. eighteen hundredths of an inch.
The rain was very beneflclal but more is needed. Picking in aged 78, the highest being 04 and the lowest 69.
*
Atlanta, Georgia. Telegram not received.
active.
Tlie thermometer has averaged 88, ranging from 75
Charleston, Houth Oarolina,~lt has rained on four days
to 100.
Brenham, Texas, There has been one light shower during of the week, the rainfall reaching one inch and ninety-four
the week, doing little good. The rainfall reached nineteen hundredths. Average thermometer 80, highest 90 and lowhundredths of an inch. We need raiii very badly, Crops on est 69.
Slateburg, South Carolina.— Ra,in has fallen on three
uplands and sandy lands have already been hurt. Picking
has begun. The thermometer has averaged 83, ranging from days of the week to the extent of one inch and ninety-three
hundredths. Cotton is beginning to open. The thermometer
68 to 97.
Belton, Texas. We have had one miserable drizzle during has averaged 76, the hij^hest being 90 and the lowest 69-5.
We are needing rain
Wilson, North Carolina. We have had ram on two days
t ke week— two hundredths of an inch.
desperately and the crop is suffering. Average thermometer of the week, the rainfall reaching twenty hundredths of an
inch. The thermometer has ranged from 66 to 93, averaging 81.
83, highest 97, lowest 69.
The following statement we have also received by telegraph,
Weatherford, Texas.—ThB weather has been dry and very
hot all the week. The crop has already been seriously injured showing the height of the rivers at the points named at 3
and is withering fast. The thermometer has averajied 84, the o'clock Aug, 16, 1888, and Aug. 18, 1887,
JiiKhest being 102 and the lowest 65.
Aug. 16, '88, Aug. 18,'87.
Neio Orleans, Louisiana.— It has rained on four days of
Feet. IneK. Fett. The*.
the week, the rainfall reaching eighty-four hundredths of an
STew Orleans
Above low-water mark.
4
4
3
1
inch. The thermometer hai averaged 83.
Memphla
Above low-water mark. 11
6
2
7
Bhreveport, Louisiana, Rainfall for the week eighty-four NaahriUn
Al)Ove low-water ruark.
1
1
6
hundredths of an inch. The thermometer has ranj;ed from Bhreveport
.....Above low-water mark.
6
8
1
Above low-water mark. Mi»8 Ing.
4
71 to 97, averaging 80, Last week's rainfall was fifty-eight Vlckgbujg
hundredths of an inch. The thermometer ranged from 73 to
India Cotton Movement prom all Ports.— The receipts
97, averaging 81,
and shipments of cotton at Bombay have been as follows for
Oolumblis, Mississippi. Rain has fallen on four days of the week and year,
bringing the figures down to Aug. 16,
the week to the extent of eighty-five hundredths of an inch.
BOMBAY REOEtPTS AND glltPMENTS FOB FOCB TBAB8.
Average thermometer 77, highest 90 and lowest 62.
Leland, Mississippi, It has rained on three days of the
Skipmentt thi* week. Bhipmentt Since Jan. 1.
Seeeipt*.
week, the rainfall reaching one inch and twenty-six hunOreat
ContiThis
dredths. The thermometer has averaged 79-6, the highest Tear Oreat OontiSince
Total. Britain
Total.
JBHl'n. nent.
nent.
Week. Jan. 1.
being 93 and the lowest 65.
Breenvitle, Mississippi. Rain has fallen on one day of the 1888
209,000 59S,000 807,000 5,000|l,274,000
week, to the extent of four inches and eight hundredths. 1887 3,6d6 2,6o6 h'.ooo 359,000 650,000 1,009,000 4,000,1,442,000
1886
7,000
10,000
313,000 650,000 963,000 9.000 1,356,000
17,000
The thermometer has averaged 80, rangmg from 70 to 91.
188S
216,000 458,000 674,000 3.0001 981,000
Clarksdale, Mississippi. It has rained on two days of the
week, the rainfall reaching one inch and seventy-nine hunShipments for the week.
Shipments since January 1.
dredths. The weather has been favorable for crops
Oreat
OontiVickshurg, Mississippi. There have been showers on four
Total.
BrUain, nent.
BHlSin. Continent. Total.
days of the week, the rainfall reaching three inches and
Calcutta—
thermometer
thirty-two hundredths. Average
80, highest
gress.
—
*
—
—
—
—
—
—
—
—
—
—
95, lowest 63.
— Rain
1888
1887
2,00D
has fallen on two days of
the week, the rainfall reaching ninety hundredths of an inch.
Thus far this locality has had very seasonable weather and
crop prospects are very fine. Tne southwestern and western sections of the State have suffered for rain and damage
has been done. The thermometer has averaged 77, ranging
Madras—
from 65
Total all—
Little Rock,
Arkansas,
to 93.
—
Helena, Arkansas. Sixty- seven hundredths of an inch of
rain (one slow shower) has fallen during the week. Crops are
claimed to be spotted. The first new bale arrived on Wednesday, August 15, The thermometer has ranged from 68 to 93,
averaging 78.
Memphis, Tennessee. The early part of the week was dry,
but the latit two days there has been lain to the extent of
sixty-seven hundredths of an inch. Crops were beginning to
sufiEer, but have been greatly revived by the rains, which have
been general. The weather is now sultry, and more rain is
threatened. Tiie dry spell was forcing cotton open. Twelve
new bales received to date. Average thermometer 64, high-
—
est 91, lowest 77,
—
JSashmlle, Tennessee. Wo have had rain on one day of the
week, the rainfall reaching five hundredths of an inch. The
thermometer has averaged 78, the highest being 95 and the
lowest 59.
—
Mobile, Alabama. It has rained severely on two days of
the week and has been showery on one day, the rainfall
reaching two inches and twenty -nine hundredths. Crop reports
conflict
there are some complaints of rust, shedding and
worms. The thermometer has averaged 78, ranging from 70
;
to 90.
1888
1887
8,000
2,000
2,000
28,000
99,000
63,000
121,000
91,000
220,000
3,000
2,000
14,000
24,000
6,000
3,000
19,000
27,000
All others
1888
1887
1888
1887
1,000
4,000
1,000
1,000
5,000
29,000
39,000
15,000
24,000
41,000
63,000
4,000
6,000
3,000
4,000
9,000
71,000
162,000
83,000
148,000
154,000
310,000
BXPOKTS TO EUKOPB FROM ALL INDLA.
1888.
SMpmmts
toaUXurope
from—
This
week.
Bombay
All other porta.
Total
Since
Jan. 1.
1887.
Thu
week.
807.000
1886.
Since
Jan.
1.
i'ooo
1:,4,000
5,000 1,009,000
9,000 310,000
4,000
901,000
14,000ll,319,000
ThU
Since
week.
Jan.
17,0001
S.OOOj
963,000
152,500
1.
25,00011,115,500
Alexandria Receipts and Shipments.—Through arrangements we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following are the receipts and shipments for the past week and for
the corresponding week of the previous two years.
Alexandria, Egypt,
Aug. 15.
1887-88.
Receipts (oantara*)—
This week
Since Sept. 1
2,9oi;6<>o
1886-87.
2,916l600
1885-86.
2,923;6o6
—We
Thu Since
ThU Since
This
Sinet
have had rain on four days
week. Sept. 1. week. Sept. 1. week. Sept. I.
of the week, the rainfall reaching thirty hundredths of an
inch. There are some complaints of shedding and caterpil- Exports (bales)—
To Liverpool
lars are claimed to have appeared in a few sectiohs.
243,000
264,000
1232,000
The
To Continent
i',oo6 162,000
r,o66 153,000
|176,000
thermometer has ranged from 70 to 93, averaging 84,
Selma, Alabama. Rain has fallen on five days of the
Total Europe
1,000 410,000| 1,000 417,000
1408,000
week, to the extent of one inch and sixty-three hundredths.
* A oantar Is 98 pounds.
Average thermometer 80, highest 8S, lowest 73.
This statement shows that the receipts for the week ending
Auburn, Alabama, Crops are in good condition. The
cantars and the shipments to all Europe
week's precipitation has been ten hundredths of an inch. The Aug. 15 were
thermometer has averaged 79'4, the highest being 88 the low- 1,000 bales.
Montgomery, Alabama,
—
—
—
Manchester Market. Our report received by cable to-night
Madison, Florida,— HeAvy showers have fallen on two from Manchester states that the market is steady for both
days of the week to the extent of four inches and sixty-three yams and sheetings. We give the prices for to-day below,
hundredths.
The thermometer has averaged 80, ranging and leave those for previous weeks of this and last year
from 63 to 94,
for comparison
^
est 69.
1
....
1
1
1
,
1887.
1888.
8^
32» Cop.
TwUt.
a.
a.
A.
®8>4
207»8 ®8>4
"27 7»8
ai8>4
Au(C. 3 758
3'SH
Colfn
Hid. 32» Cop.
Twist.
Upldt
Ibt.
Shirtings*
d.
B.
a>8'4
®7
«7
®7
7 ®7
7 ®7
o9|6
59,6
59,6
59,6
5'tio
e's'SGll
5-^3
Memphis First Balb.—Our
forma us that the
first
8H
d.
d.
d.
®610
8
10
'36 10
correspondent at
new
B.
8
8
jT^t @71»ia'5
a>6
512
5>2
57,6
Memphis
in-
crop cotton, season
from J. C. Wayne, Lonokg
1838-89, was received on August
county, Ark., consigned to W. A. Gage & Co. It was sold at
auction at 15c. per pound, weighed 400 pounds, and graded
The receipt ot the bale was one day late
strict middling.
last year.
CoTTOX Crop Circular.—As the
day of September
first
this
year falls ou a Saturday, it will not be possible for us to issue
our annual Cotton Crop Review the week following. We expect, however, to have it ready in circular form on Tuesday,
the 1 Ith of September. Parties desiring the circular in quan
titles, with their business card printed thereon, should send
in their orders as soon as possible, to ensure early delivery.
Cotton Progress
in July.
cotton belt of date July 31
s
—Special
eem
reports to us from the
to indicate that the plant has
made satisfactory grovth in almost all localities. Cotton is
but in
still somewhat behind last year— say about one week
;
is, for the most part, healthy and vigor.
and the fields well cult ivated. The conditions, so far as
rainfall and thermomeiter are concerned, have been very satisfactory in most districts throughout the month, but in por.
tions of the Southwest, and in a few other localities, oa Aug.
appearance the plant
ous,
A
careful review of all
rain was beginning to be needed.
our returns leads to the conclusion that the prospects on July
SI were for an excellent crop.
As of interest in tbii connection we have prepared the subjoined tables, which show the State averages of rainfall and
thermometer for April, May, June and July, in six years
(1883 to 1888 inclusive).
The thermometer averages are as follows :
1
A era.
[VOL. XL^VII
rainfall averages are as follows
Mid.
UpUls
81236 lOk 53»
8»aa6l0is 511,6
8 ®6 10
59,6
738 ®8
7=8 a^
714 ®715ie
7)4 a7i6,6 5
7I4 ®715i6 5
bale of the
The
11
than
July.
Stay.
Rain. Days
fall.
N'RTH Carolina.
1888(fatr)
1885(fai-)
1884 bad)
It83(baa)
80UTH Carolina.
1887 (good)
1884 (bad)
1883(bad)
1-41
1-07
2-05
1-68
4-81
7-05
1888
38S7((tood)
1888 (fair)
1885 (fair)
1884(bid)
lS83(bad)
lS84(ba(l)..
81-0
83-3
18S3(bad)..
88-5
M-»
KO-H
8C'4
a4'»
37-4
S8-2
100-1
67-1
7.3-U
93-5
OS'S
75-f
71-5
76-0
96'i)
601
93-4
96-0
65-0
77-9
70-S
88-6
102-8
92-0
01-9
93-3
100-6
95-6
68-8
60S
oao
91-91
4
87-6
89-5
80-5
4>i'3
49-<
7u-9
48-6
71-1:
680
89-3
»2-3
85-8
44-1
51-6
49-<
51-0
700
89»
03-3
01-7
80'
88-.S
55-1
72-5
55-1
621
8T-8
»6-7
690
8S-4
07-5
70-91
76-41
72-6i
59-3
77-6
68-0
90-7
90-9
91-6
87-1
89-4
89-V
50-5
71-1
61-5
66-
7S-9,
71-8!
95-8
99-2
99-2
93-3
91-6
94-7
78-4! 97-01 71-0
78-o; 101-21 68-5
62-l-zl 7(1-8
64-177-1
96-4
91-0
93-4
91-0
90-9
55-0
02-9
67-3
68-4
51-8
76-4
75-3
68-1
70-5
09-7
09-1
58-4
68-4
43-6
89-31 50-3
113
77-3
81-0
78-7
81-4
77-6
78-6
CAU'LLSjI
18)-6 (fair).
88-7
86-6
81-5
1885
836
188S
188- (Kooai
(fair).
1884 'bad)..
1888 (bad)..
85'
61-7
S9-1
85-7
40-S
40-7
ss-c
62-71
flS'2
8I!i
70-2'
94-9
100-6
90-7
71-5
72-o:
58-S
531
68-3
eo-o
64-7
64-0
66
69-6
77-9
80-2
70-0
79-7
80-8
82-2
6EOKOIA.
18J-8
1887 (good)
18Sa (fair).
1885 (fair).
1884 fbad)..
1883 (bad).
88-1
841i
8B'4
K6'4
83-
45-I
35-4
641
34-5
6:)-(i
3^
63-4
01-6
05'2
8d-4
40-5
4^-3
49-1
89-4
620
64-1
61-H
6S-9
63-2
56-1
74-11
43-B
69-6
W-7
89-61 59-1
01-9i 61-2
75-1
73-3
"4-0
74-5
77-9
0-2-
03-1
88-2
52-0
745
03-9
69-1
97-6
90-0
BO-2
49-9
71-5!
91-9
50-1
74-.1]
49-.t
720I
96-4
94-3
92-4
57-4
61-7
04-1
80-5
80-4
78-9
80-1
80-4
82-5
78-B
93-3
77-5!
95-3, 62-0
74-0
04-0
97-6
67-8
9t6
68-0
69-1
70-2
71-4
70-2
69-4
81-8
80-0
80-2
81-5
96-1
97-2
92-3
69-4
69-B
940
63-9
07-0
81-9
80-7
79-2
80-7
79-4
82-9
78-8,
65-4
VLORIDA1
87-0
1888
1887 (good) 8IV3I
8.V2I
1886 (fair)
8«-7
1885 (fair)
1884 (bad).. 87-7
1883 (bad).. 87-0
70-9
(W-B
Oil
88-1
68-1
5B-9
41'5! 65'8
90S
56-
50-8
40'(5
68-9
68'9
48-.'i|
47-7
63'0I 71-4
92-8
92-7
95-8
67-3
(SS-9
80-4
81-3
70-6
81-6
98-4
91-9
92-7
94-9
95-2
82-1
84-0
AI.ABAHA.
188^
83-9| 41-3
67-0
lf«7 (Rood) 86-0 39-li 65-3
188« (fair
83>| 40-! 64-5
84-31 38-5 64-8
1885 (fair,
1884 (bad).. h4-0 40-1 6-2-1
I
tnv
90-9
OU-4
77-4
78-5
7
ea-0| 78-0i
73-8
40-8
910
69-2
80-2
66-:.
90-0' 43-1
B9-8
96-6
60-01
790
86-8
89-4
48-8
48-1
73-2
7-J-7
188«(falr).
84-1
58-1
57-4
75-4
76-8
86-5
83-4
86-3
94-0
9B-1
93-6
1885
42-1
53-1
43-4
48-3
89-7
92-2
VS-9
88-2
86-1
90-3
fW-.1
IS-*? (200d,
M-O
74-1
58-9
54-0
74-8
73-7
62-8
66-9
70-0
70-3
65-7
66'0
188S(bad)..
55-5
94-1
100-;
611-0
liOriRtASA
188S
(fair)
ISM (bad).
1883 (bad).
Sfississippi
isnn
1887 (KOOd)
600
«71
70-7
66-2
70-0
42-
65-4
60-0
8B-8
flS-Oi
18tl«(fii,r)
Sfl-4
3-2-S
188j(fair)
.-.7-3
:wo
68-8
05-6
83'(i
40-7
1.2-2
838 420
04-6
ISW
(bad).
1883 (bad).
90-8
61-4
89-0
87-0
88-6
50-1
70-4
48-4
46-H
64-6
45-6
71-4
nn
7;i-2
mn
71-7
67-0
93-1
95-4
95-«
92-9
95-8
92-5
950
93-3
96-1
56-3
57-1-
630
62-7
61-8
61-6
Arkaxsas.
1888
18S7 (KOOd)
IBar.lfiLir)
1885 (fair).
1884 (bad)..
1863 (bad)..
86-6
90-4
84-6
83-8
82-0
44
.!3-5
964
88-C
39-0
38-2
88-5
84-8
87-8
84-0
83-7
82-1
87-9
84-1
29-2
35-S
35-1
85-4
66-2
64-8
eo-e
62-6
87-6
922
46-7
66-0
S4-3
.v)-;
87-1
44-2
.VIS
46-0
5'i-5
87-2
58-0
860
81-6
60-6
87-1
C9-1
60-9
57-1
60-8
80-0
86-9
87-1
87-0
46-8
88-3
67-6
89-8
66-
830 3r«
68-0
926 48-8
»S3 53
fts-n
72-5
78-0
66-7
(18-1
06-5
TiKXESSXZ
1888
1887 (good)
189ef?alr).
1886
(fair).
1884 (bad)..
lS83(bad)..
670
73-6
06-2
77-4
9B-3
75-3
93-7
80-7
85-.
76-8
97-6 ,
78-3 100-5
65-7
6X-2
63-4
63-5
68-0
66-8
82-9
79-9
80-9
82-4
82-5
82-4
83-9
86-7
7i-7 83-7
70-6
690
71-7
70-2
9i>-2
64-3
68-0
60-8
60-6
95-1
9B-5
54-4
66-5
74-1
94-7
97-3
91-3
93-7
93-7
9S-4
48-8
66-4
76-8
75-9
73-9
77-4
74-3
75-9
96-3
050
98-9!
09-4
79-5
78-8
a»-s 78-7
64-7 79-7
01-01 77-3
8TV1
fl4-5
76-9
75-2
76-6
95-6
100-3
95-7
61-8
981
79-9
80-0
81-0
80-0
82-2
81-3
651
81-1
81-2
611-8
796
99-1
63-4
67-5
60-B
80-4
81-1
80-2
80-3
81-4
80-5
80-1
79-3
78-8
77-0
7
10
11
3 1-3
18S8
1887 (cood)
18.S8(fair)
1885 (far)
18S4(bad)
1888 (bad)
.
1-05
6-36
8-53
1-27
2-78
4-30
6.1-1
BS-6
40-0
74-fl'
6941
4C-5I 66-5
49-11 09-1
41-4
66-8
Sl-S
70-0
72-9
74-4
09-7
66-.t
61-3
69-6
37-0
900 600
96-B
94-8
94-4| 61-8
88-7
89-1)
1885 (fair). 84-9 47-6 67-6
1884 (bad).. 84-7
61-5
W7-y
W?
4H.7
8788*7-
49-1
P3-6
94-5
96-9
93-0
9S-U
Oi-O
62-5
6.-t-3
98-0
08-2
95-7
97-i
6
6
7
OK
fall.
rain.
7-68
5-62
3-69
7-41
8-99
2-91
July.
Rain-
Days
fall.
rain.
324
9
4-48
8-75
4-06
9 2-3
Rnin- Days
8-24
6-63
9-18
4-37
9-34
I4H
«
IK
in
6-31
819
ram.
fall.
1
8
13
13
wa
14
11
453
7-29
«-24
5-69
6-18
2-89
B-SO
7-37
3-SO
5-89
2-65
4-32
5-85
1-95
2-72
3-86
5-58
9-88
4-77
7-51
4-62
1««
4-82
7-17
I'H
l.S
9B8
880
16
18
15
IB
13-74
6-86
6-48
6-17
8
4-63
9-70
4-75
8
17^4
617
6-38
2-18
14
12
V
2-39
7-37
4-90
6->6
2-34
1-84
14
12
12
7
2-65
3-82
8-06
7
12
8
6
4-55
6-36
6-90
10
480
10
3-73
6-40
11
2-75
11-39
5-00
4-25
8-89
2-88
11
in
8^
14
10
16
10
429
10
HW
9
18
11
l.i.
1-2
la
7
14
10
ia
8
3ii
5H
10>i
5-93
4-18
1-63
6-51
4-04
2-58
12
8-25
3-13
4-45
5-94
2-88
3-93
13
6-09
6-29
1-23
11
B«
1!^
9-32
8-70
5-69
9
7M
3-59
9
13>«
23
16
17X
12
Alabama.
I.SSS
2-30
1887 (good)
188»(fa.r)
3885 (fair)
6-06
1-62
8-65
3-41
0-27
l&S4(bad)
1883(bad)
5
10
13«
JOJi
6>ii
12
1
6-96
6-44
8-10
8-37
8-88
6-79
9 1-3
17
10
15
12
ia
Loi-ISIANA.
2-75
]aS8
1887 (BOOd)
1886 (fair)
1885(falr)
1884 (bad)
1888 (bad)
1-23
6-63
4-68
6-23
10
805
10
2-61
1-98
7-87
4
5
8
3
10
461
16
10-91
8-92
5-46
6-59
7-76
5-11
6-10
7-70
iswi
iin«
4-43
S-06
7-63
3-12
5-09
6-00
11
15
9
13
14
Mississippi.
•
n;^
8
:<
1888
1887 (KOOd)
1886 (fair)
1885(falri
1884 (bad)
1888 (bad)
393
10«
4-S3
7-57
8
8
10
3-90
1-90
5-00
6-73
7-27
7-33
6
12
11
13
10 i
S-46
4-ia
1-82
8-25
8-48
8-09
5
6
7H
17^
267
7in
4-S4
6-36
a-B6
12
11
6
8-10
5-09
II"*
«V
10
6
10
AR*rAXSA3.
1888
1887 (KOOd)
1880 fair)
ie,S6(fair)
1884 (bad)
18«3(bad)
8
4-66
6-19
1-36
2-B9
6-65
7-lS
13
8
10
11
10
6-98
1-93
7-92
4-68
2-S7
2-15
1888
1887
1886
1885
1884
1683
S-02
2-sa
2-74
3-23
6-05
(KOOd)
(fair)
(fair)
(bad)
(bad)
711
4-83
1-83
299
501
607
1-87
8-04
3-04
2-66
la
li^
403
li«
12«
4-35
6-09
18
9
7
6-82
6-01
0-11
7-43
9-02
4-45
8«
11
9
2
11
7
UM
4-24
1-48
7-08
S-08
6-48
8-01
B-ll
3-42
3-01
3-64
605
2-09
8-60
3-14
2-90
3-41
6-04
3-88
n
16
1-2^
7
TENNE.1SEB.
»
10
10
n*
8
'
»
s
9
16
8
S-79
8-19
8-28
4-54
IS
7
12
16
413
13
13
4-32
la
11
8-03
1-74
2-00
6
1-82
U-53
1-54
7>6
4
8^
Hi,
81*^;
10
1
««
9
»6
B^ The words "bad," "good" and
above mean
good or fair.
The
"lair" foUowlUft tlie years given
simply tUat the agjregate crop for the year named was bad
thermometer and
details of
rainfall
from which th&
above tables are compiled will be fiiven next week.
South Carolina. AaRicuLTURAL Report.—The report of
the South Carolina Commissioner of Agriculture for August 1
was issued dfi the 9th inst., and is basecl on 26'3 replies from
correspondents covering every county in the State. The report says
The reports ot ttie State weather service show that during July, 1887,
the rainfall was 7-49 inches, and the reports from 29 stations for July,
1888, i<how It to li.ave been 3-63. Tlie mean temperature for July, 1887,
was 82 deg.; for July, 1888, 78-8 deg. The weekly Uillletins ot the service show that there was about the average amount i>f sunshine during"
the month. There bos been a general iinprovemeut in cotton dm-ing the
month of July, but the seasons were more favoi able in the upper and
middle than in the lower countie*. In many parts of tlie latter the
drought lasted from three to six weeks, but except in a few localities
rain fell on the last days of the montli. The crop ha.s not recovered from
tlie efficts of the unfavorable spring weather, and is from one to two
weeks later in maturing than in ordiniiry years. The plant is smnll, but
generally In fine condition, and fruiting well. There 1k some complaint
of bad .stands, and the plant in some localities is i-cported to have been
injured by lice. It has not l)ecn injiu'ed by rust and shedding. This is
believed to be duo to the latcnct<3 of the crop in reaclilii.g maturity. On
Edisto Island long staple cotton is reported as fully up to ou average in
condition, and on James Island 10 iier cent above an average. Of th«
2(12 reports received, only 10 report the condition of the crop above 100,
3-1 report it at 100, 67 report it at between 90 and 100, the remainder
reporting it at below 90. The general condition for the Slate ia reported
as follows Upper Carolina 85, middle Carolina H.5, and lower Carolina
89 -average 86, against 84 on the Ist of July and 99 on tho l8t of
August, 1887.
:
EuEOPKAN Cotton Consumption to August 1. —By cable
we have Mr, Ellison's cotton figures brought down to
to-day
1. _ We give also the revised totals for last year, that
comparison may be made. The spinners' takings in actual
bales and pounds have been as follows :
Aug.
Oreat Britain.
Continent.
Total.
For 188T.8.
Takings by spinners. . .bales
Average weight of bales....
raUngs
In
poimds
3,129,000
3,138,000
432
429
6,287,000
430-5
1,3.51,729,000 1,354,782,000 2,706„'J10,C0(>
I
1888
189i' (good)
1886 (fair).
It83(h»/lf..
99-3
97-0
94-2
95-0
96-8
98-0
8
October 1 to Aug. I.
890
Vbzas.
._
91-9
95-A
94
78-2
8080-
4
7
Jv/ne.
Rain- Days
Florida.
K.CAK'LIHi
89-3
8
9
11
430
i
no-0
5S'0
6
Georgia.
888
Sfl'O
6
8
1-42
2-39
2-45
1-5S
4-03
lass
188«(Ulr)
1885 (fair)
Averages.
80-1
84-0
rain.
1-44
2-87
3-46
g-BO
8-61
6-96
188s
1887 ((jood)
Tturmometer
1888
1887 (gooil)
188a (fair).
lW-5 (fair).
May.
April.
Rainfall Averages.
Tex 4 3.
8.
:
Cotl'n
lbs.
Shirtings.
8.
d.
7
7
7
July 13 70b
" 10 708
:
THE CHRONICLE.
206
••
:
1
For 1886-7.
Taking by
spinners
. .
.bales
2,961,000
3,071,000
6,032,000
Average weight ot bales ....
434-4
437
432
taVinm IB pounds
1.294.1,^8.000 1.32e,8,j7,000 3.621.015.00*
:
AcocsT
:
1
..
Aug.
Salet 0/ 400
eaeK.
OOOt omitted.
Oreal
Britain
Conti-
Total.
167,
3,397,
218,
3,766,
5»,
3,235,
166,
221,
3,317, 0,552,
3,554,
3,113.
3,984,
6.2B0,
3,290,
3,046,
3,483,
3,001,
6,773,
441,
689,
244,
482,
726,
Oreat
Britatn
Oonti-
51,
3,379,
Supply
3,430,
Coasomptt'D 43 weeks 3.186.
epluuerg' stock Oct.
raklDgs
to
1886-7.
1887-8.
1.
lbs.
1.
Aug. 1
6plnners' stock Aug.
Weekly Consumption,
00s omitted.
InOotober
In November..
In December.
In January. ..,
In February...
In Marcb
lu April
In May
In June
nenl.
244,
1
nent.
TotaL
6,047,
,
In July
72,0
72,0
72,0
72,0
72,0
72,0
72,0
72,0
72,0
73,0
74,0
74,0
74,0
74,0
74,0
74,0
74,0
74,0
74,0
75,0
72,0
72,0
70,0
72,0
72,0
72,0
72,0
72,0
64,0
70,0
140,0
140,0
146,0
146,0
146,0
146,0
146,0
116,0
116,0
148,0
68,0
68,0
68,0
70,0
70,0
70,0
71,0
71,0
71,0
71,0
140,0
140,0
138,0
113,0
142,0
142,0
143,0
143,0
135,0
141,0
The foregoing shows that the weekly consumption
in Europe
13 now 148,000 bales of 400 pounds each, against 141,000 bales
of the same weight at the correapooding time last year. Ths
total spinners' stocks in Great Britain and on the Continent
are now 41,000 bales les3 than at the corresponding date last
eeason.
East India Crop.— From Messrs. Oaddum, Bythell & Co.'g
cotton report, dated Bombay, July 10, we have the following
207
ijyERPOOL.— By cable from LiTerpool we have the follow*
Ing statement of the week's aalet, stocks, Sec, at that port.
We add previous weeks for comparison.
July 27.
Bales of the
week
bales
Of which exiwrters took
Of which speculators took.
Bales Amcrloan
Actual ctport
ForwanhMi
Total stock— Estimated
Of which American— Estlm'd
.
tlie week
Of which Ainerloan
Total import of
Amount
afloat
Of which American
The tone
Aug.
Aug. 10.
3.
46,000
2,000
1,000
37,000
7,000
12,000
542,000
390,000
87,000
23,000
65,000
6,000
0.000
523,000
370.000
34,000
22,000
54,000
27.0<?0
12.000i
49,000
6,000
1,000
3f>,000
st.ate
of the
Saturday Monday. Tuesday.
Market,
12:30 P.M.
(
5
In buTers*
favor.
Moderate
demand.
6"l«
5«8
Mid.Upl'ds.
Mid. Orl'ns.
Bales
Spec, di exp.
—
8HIPPIS0 News. ^The exports of cotton from the TJniteo
States the past week, as per latest mail returns, have reached
Market,
12:30 P.M.
Market,
4 P.M.
Total bales^
Lirerpocl, per steamers City of Richmond. 875
i»S2
Germanic, l,420....Bervia, 1,115
England,
„
Wyoming, 811)
To Bremen, per steamer Alter, 598
To ll.imbnrg, per steamer Uammouia, 250...
To Amsterdam, per steamer P. Calfiud, 187
To Rotterdam, per steamer Roitertlam, 5i5
To Antwerp, per steamers Jan Breydel, 1,000
5,211
6»9
5»8
8,000
8,000
8,000
500
500
500
500
500
7,000
1,000
Quiet.
Bteadr.
Bteady.
Qnlel.
Steady.
Dull but
steady.
)
St»ady at Steady
1.84 adv.
at
S^dec.
J
23
773
Rotter-
Ant-
Yar-
dam. wtrp, mouth.
515 1,811
23
Total.
8,572
Bteadr.
Barely
steady.
AoK. II.
.
.
Man.
Tttes,
Wednet,
>8
•e
»S2®'84
Do
u
"»I
"h
"1
sail
Bremen, steam
Do
'»ia
'sii
"he
"hi
..c.
sail
Do
and eUht thus:
nion.,
c.
'»33
"lH®%2
•si
"'11
"oil
sall...c.
25®30* 25®S0* 25®30' 25430* 25S30'
sail
....
•M
-
_
11
oi
^
1
*>I38»84 31l28"64 2'l28"64 'htS^^ei 2'l28"«4
d.
Baroelona.steam d.
Genoa, steam .. .d.
Xrleste, steam.. .d.
Antwerp, steam d.
Pw 100 iba.
»1«
3^2 a 7ft
d.
Qalat.
Ann. 13.
5 63 meant
"««•
Toe*., Aaz. 14.
5 40
September. 3S3
9 83
5 20
Bept..Oot.
.
6 20
983
6
6
6
6
40
33
3S
20
0pm
Of.
H(g)l
Low.
d.
d.
d.
d.
d.
940
B33
6 37
8 32
6 37
6 32
5 33
9 20
6
5 31
5 32
6 20
6 37
6 32
6 82
5 20
689 6 40 839
6 33
5 20
9 14
5 33
5 82
6 32
5 20
6 14
611
612
512
512
613
6 14
884
634
52S
SIS
614
514
514
SIS
9 14 B14 514
Nov .-Dec... 512 512 6 12 612
Dec.-Jan, .. B12 512 5 12 5 12
Jan.-Feb. .. 512 5 12 5 12 5 12
Feb. -Marcb B12 S12 S 12 BIS
..
Open'Hioli Low. Clot
d.
a.
614
612
512
612
513
512
B12
612
613
512
613
613
513
Wednea., Aua:. 15
Thnrs., Ans. 16.
Open H<«h
Open Bioh Low.
d.
A«KU3t
....
d.
53S 638
AuR.-Sept.. 6 32
September. 5 32
Sept.-Oct .. 6 SO
0ct.-NoT... 614
6 32
6 32
X/Ow. Oloa.
d.
d.
d.
d.
5:i7
588
5 32
5 82
5 32
6 37
6 8S
6 87
5 32
6 32
5 32
51» 619
514 614 614
NoT.-Dec. 512 613 5 12 813
Dec.-.Iaa. .. 5 12 612 613 612
Jao.-Feb. .. 512 512 5 13 612
Feb.- Mared i 13 618 513 513
5 20
5 37
6 31
8 31
683
BID 819 818
614 514 614
6 12 6ia 512
612 613 612
612 513 612
S 13 513 81S
5 31
6 84
6 31
6 31
9 21
5 32
m
3 31
5 16
584
9
5ie
614 3 14 514
613 S14 513
513 814 513
5 14 515 614
d.
40
Fri.,
AOB. ir.
Clot.
Open Hith Low. dot.
d.
d.
d.
d.
5 37
5 38
5 30
6 38
6 31
630
630
630
631
519
613 514
611 612
6 30
6 IS
618
613
611
911
S31
5 31
6 19
614
812
612
6 13
513
6 11
5 12
611 612 5
612 614 6
11
IS
d.
688
831
631
819
S14
BIS
8U
SIS
814
BREADSTUFF S.
Fbidat. p. M., Aug. 17, 1888.
The flour market was somewhat depressed in tone early'in
the week under review, owing to the marked decline which
took place in the values of grain; but no quotable decline took
place in prices, and yesterday, when unfavorable reports of
the weather were received from Europe and tha Northwest,
there was a strong upward tendency in the low and medium
grades ot wheat flour, with a very good export demand.
The wheat market was depressed by an increase in the visible supply, a free movement of the new crop of winter wheat
and better weather abroad, together with a scarcity of ocean
freight room, and a corresponding advance in rates. But
Wedr esday saw a steadier market, and on Thursday much
activity and buoyancy prevailed on the renewal of adverse
weather reports from the weat of Europe, leaving little doubt
crops in these countries are quite deficient^
certain a large call upon the United States.
A good deal ot inferior old stock has been closed out this
week at a wide range of prices. The weather has been favorable to the marketing of the new crop of winter wheat, but
in the spring wheat sections of the Northwest it is reported
cold and stormy. To-day there was a further advance on
favorable foreign advices, with frost accounts from the Northwest, but the close was dull.
OAiLr CLosiso raicBS or no. 2 red wnrrEit wheat.
Hon,
Sat.
True.
Wed. Thnn,
fH.
92S8
9l\
0.f\
82%
94%
Angnst do livery
o. 93^
delivery
o.
93
02%
01^
»J^
S>J"a
8ept«-mber
94^s
02-tj
93'4
o. 93^
93
«3\
91^
October delivery
9.f%
»«*
95 H
94
Ofg
o. 94^8
November delivery
97'4
95^
96%
o. 9538
December delivery
W-'^
99
101%
»a''a 100% 101
C. 99\
Hay, '80 deUvery
that
the
making
c,
Ajnst'd'm, steam. e.
Do via Lclth.d.
Eeval, steam
rf.
'
*w.
'32
e.
Hamburg, steam
Do
Thurt.
8ail...rf.
Havre, steam.... e,
Hitii Loui. Clot
S40
AiJgast
Aiw.-Sept.. 5 83
73
.
Satnr.
Le!.s
freely
offered.
320
179
598
250
187
515 1,811
23
9,844
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates :
Kew Oklk vxs—For Liverpool—Aug. 10—Steamer luveutor, 52 Aug.
13— steamer Floridiau, 251.
For Bremen— -Vuir. 10 -Steamer Ocean King. 792.
BOSTOS— For Liverpool— Aug. 11-Steamer Bulgarian, 544
Aug. 14—
Steamer Iowa,
Baltimoub— For Bremen— Aug. 1 1-Stcamor nermann.
I*uii-Ai)Ei.i'iiiA— For Liverpool— Aug. 14— Steamer Lord Gough, 963.
For Antwerp- Aug. 14— Steamer Zeeluud,
Cotton freights the past week have been as follows
Do
d.
6,100
Liverpool, steam d.
8»8
8.000
Open
320
136
0,811
Total
Easier.
8»8
6»8
7,000
Bat.,
1,811
particulars of these siiipments, arranged in our usual
form, are as follows
187
Friday.
demand.
favor.
5»8
658
5i>8
611,8
Wednet. TKurid'y,
In buyers' Moderate
Firm.
prices are given in pence
Cy TAe and
6 01 means 6 l-84<f.
515
Total
Am-
1 0.000
5 63 64d..
l-^T
The
st'd'm.
SO.OOOi
Noordland.
«11
Ham-
12,000
598
230
Kew Oblfans—To Liverpool, per steamer Statesman, 320
Boston— To Liverpool, per steamer Norseman, 156
To Yarmouth, per steamer Yarmouth, 23
Philadeh'HIa- To Liverpool, per steamer British Princess, 773
Bremen, burg,
New York.. 5,211
598
350
X. Orleans.
320
JSostou
156
flul'delphia
773
32,000,
The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, uuleea
otherwise stated.
Oct.-Nov.
S,844 bales.
pool.
9,f
new crop are on tlie wbole
In tlio gr<>ater part ot tUo Bengal districts, and ia some of
the Dhollora districts, tlie rainfall has not been sulliciontyet, andsowln^r
ia In con9iM|ueiicc makiUK slow pi'OKrese; but iu the Oonira and Broach
districts sowing i.s puslipd on vigorously, and in the early-sown tlclds the
plants are already showing above ground.
Liter-
3,000
44,000
9,000
•10,000
491.000
331.000
Futures.
aatistactory.
Kew York—To
50,000
3,000
1.000
38,000
4,000
ft,000
of the Liverpool
:
Advices trom the interior on the
l««r. 17.
55.000
market for spots and futures each
day of the week ending Aug. 17 and the daily closing price*
of spot cotton, have been as follows :
Spot.
'
!
THE CHRONICLE.
18, 1888.J
According to the above, the average weight of the deliv«ries in Great nritain is 433 pounds per bale this season,
Tlie
aii;ainst 437 pounds during the same time last season.
Continental deliveries average 429 pounds, against 433 pounds
last year, and for the whole of Europe the dolivorie-s averai^e
4305 pounds per bale, against 43 1-4 pounds last seaHon. Our
dispatch also gives the full mavemeat for this year and last
year in bales of 400 pognda each.
Oct. I to
.
OW
—
..
«
:
.
THE CHRONICLR
208
Indian corn declined sharply under increased supplies bycanal and improved crop prospects from the fall of reeded
but yesterday the decline led to a
rains in the Southwest
large movement for export, and the close was steadier. Today there was an early advance, but it was not fully sustained
at the close.
DAn.T CLOSINO PRICES OF KO. 2 MIXED OORS.
;
Sat.
53%
August deliver^.
September delivery
c.
c.
o.
October dcUvc-ry
November doUverv ....c.
December delivery .....c.
Mon.
Tuet,
52%
53%
53%
52 1«
53
Wed.
53 14
53 1«
Thur$.
5313
Frl.
54
53%
5379
THE DRY GOODS TRADE.
New
York, Friday P, M., Aug. 17, 1888.
shown a moderate degree of
activity the past week, and the volume of business was fairly
satisfactory, though perhaps hardly up to the expectations of
sanguine merchants. There was a large force of retail buyers
in town whose joint operations in goods adapted to the coming
season reached an important aggregate amount; but selections
were made with a good deal of conseryatism, suggestive of a
cautious hand-to-mouth policy for the present, despite the
promising outlook for a good fall trade. The demand at first
hands has been somewhat more active than of late, the jobbing
The market
53 'a
53=8
54
52%
53%
5358
5314
52%
53%
53%
51
50%
49%
50%
Oats on the spot are scarce and dearer August options
also making some advance, but the later deliveries show
very liitle change. To-day there was a slight but general im- trade
53^
52%
50
;
provement.
DAILT CLOSnia PKICES OF NO. 2 MIXED OATS.
Tiles.
Hon.
Wed. Thuri.
Bat.
32ia
31%
33
3338
31%
0.
August delivery
2914
2913
29%
29 Is
c.
291a
September delivery
29%
29%
29^8
2978
c.
-October deUvery
3013
30=8
SO^a
30
c.
Kovember delivery
FH.
34
Ws
The following are the
Fine
.V
bbl.
Baperflne.
closing quotations:
$2 30'3$2 85 Sonth'n com. extras
2 50® 3 10 ijoutbem bakers' and
.
2 859 3 40
3 70a> 4 65
3 15® 3 35
3 50® 4 80
Spring wbeat extras.
Ifinn. clear and Btra't.
Winter sbipp'g extras,
Winter XX and XXX
4 60® 5 15
2 75® 3 00
Patent*
Bonthem supers
15®
;
family brands
3
Rye Sour, gupertlne.. 3
Flue
2
509
10®
40®
Ciom mealWestern, Jto
3
Brandywine
3
[Vol. XL\II.
in the
for dry goods has
West and Southwest having
159 3 40
40®
^
e.
^
h5 ®
80 ®
94^2®
Spring No. 2
Bed winter No. 2 ..
Bed winter
81
H5
52
54
Wblte
Com— West'n mixed.
Weston mixed No. 2.
Steamer JSo. 2
Western yellow
Boutberu vUte
54
55
®
®
®
a
9
®
®
0.
98
92
95
9«
96
55
56
57
Rye—
State
&.
Pa.,
fl
busb.
Oats— Mixed
c.
0.
55
® GO
37
White
45
38
48
No. 2 mixed
No. 2wliite
BarleyCanada No. 1
Two-rowed State
a 40
®
®
»
50
39
a
9
»
Six-rowed State
Malt— State, 4-ro wed.
State, 2-rowed
®
®
The movement of breadstuflfs to market is indicated in the
statement below, prepared by us from the figures of the New
York Produce Ebtchange. We first give the receipts at Westlabee and river ports, arranged so as to pr^'seni the comparative movement for tho week ending Aug. 11, 1888, and
since August 1, for eacn of the last three yearb:
m
ot-
JieceipU
Com.
Wheat.
Flour.
Oatt.
Ohlcago
KUwaokee...
99,81B
Dnlntli
IClnneapolls.
55,049
45,087
Toledo
f
•
3,253
Dstrolt
CleTeland.
at. Louis
Peoria
Tot.wk.
6,330
7,957
18,388
..
1,745
'88.
Bam«wk.'87.
Bamevk.'ao
Since Aug. 1.
1887-8
U86.7*
188i-«»
*
Barley.
lb,
539,194
77,909
296,352
414,390
607.888
1,267,752
610,155
6,400
40,510
20.610
25,000
2,600
»,C50
«
13.900
388,108
1U5.899
1,012,552
65,500
4,816
41.424
46,104
213.790
158,100
20,8
9,760
896,145
92,600
237,605
215.370
134,888
3,507,788
1,712,512
2,479,278
1,180,479
1.109,073
2.238 303
3,440,013
2,844.721
2.388,601
469,788
47«,617
470,024
6.561.186
5,382.965
10,589,018
3.831,912
2,183,534
10,738
713
864
28
600
6.067
10,341
70.S74
51,575
123,137
219.832
2,450,625
4,338,381
20,991
179,281
5,847,049
5.818,642
418,091
Include one week txtra,
The
H]it.
B1MV82 lbs BusA.48 If» Bu. 66
Bbls.l9W.biBwih.WI liu £ush.56 Iti>
6,050
.
visible
and
m transit by water, Aug.
In ttore at—
a«w York
Do
afloat
Albany
Buflalo
OhlcafiO
Milwaukee
Duluth
Toledo
Detroit
Oswego
St Louis
Do
afloat
Cancumatl
Boston
Toronto*
Montreal
iJye,
bush.
bush.
1,031,325
211,500
1,756,638
4,958,589
742.138
2,118,590
848,077
399,753
5,000
1,981,781
139,100
13,000
139,300
42,825
319,526
95,523
488,600
17,500
894,532
2,457,227
2,062
132,283
86.978
18,353
26,000
401,908
34,400
76,000
194,949
95.053
85,000
22,900
20,463
318,131
6,508
1,310
14,630
24,306
15,000
21,655
41,920
27,081
252;9lf
7,242
15,'(>56
66,093
16,380
57,302
71,691
65,984
45,468
26,473
1,773,327
2,210 557
3 719 831
2 541 164
2,688;6U0
On MlsslBslppl
On Lakes
On canal driver.
4'iO,110
649
5,0i,0
27,194
4,673
-..-..
Aug. 11, -88. 25,227.fi99 8,539,092
Aug. 4, 88.22.997.794 9,009,649
Aug.l3. '87. 32,770,061 6,802,771
Aug. 14, '86. 38,0171403 9.822:403
A ng.15, '851. 40.383,195 »,278,153
Baltimore
Minneapolis
St. Paul
•
Oatt,
buek.
91,700
308.424
164,600
Kansas City
»
1888
Com,
bush.
26,670
47,295
19,181
82,182
255,199
25.896
112.C62
80,113
1,133,308
100,604
4,795,662
1,500
40,000
243.900
iiiiebo
1.812,235 1,173,017
1,680,000 1,933,900
Philadelphia
Peoria
Indianapolis
Tot
Tot
Tot
Tot
Tot
11,
Wheat,
3,000
1,279
-••.>.
2,400
18,235
615
1,046
;
;
;
;
;
62,697
126.106
101,027
258,49'
supply of gram, comprising the stocks in granary
At the prmoipal pomts of accumulation at lake and seaboaro
ports,
so briskly
ages, valued at $157,548. These shipments include 1,256 to
South America 400 to Aden 258 to the West Indies 237 to
Mexico 200 to Central America 76 to Sandwich Islands 73
18 to Havre, and 19 to all other
to England; 20 to Cjjiina
countries. Since the lat of January the exports aggregate
95,624 packages, valued at $5,775,233. Of this total China has
had 35,544 packages, valued at $1,796,009, and 21,920 packages,
valued at $1,398,485, have gone to South America. For the
same period of 1887 the exports to all ports were 127,061 packages, valued at $7,538,877, of which 66,203 packages, valued at
$3,145,184, went to China, and 25,264 packages, valued at
To the same time in 1886 the
$1,803,666, to South America.
total shipments reached 143,990 packages and in 1885 were
The jobbing trade in staple cotton goods
118,fc87 packages.
was decidedly more active here, and in the Western and
Southwestern markets, and there was consequently a freer
demand for reassortmtnts at firet hands, but transactions
averaged light. Brown sheetings were in irregular demand,
and coarse yarn makes are a trifle easier in some cases,
Indian Head ttandards having been reduced J^c, while Southern three jard sheetings are in buyeis' favor. Drills are
largely under the control of export orders, and prices are
nominally unchanged. For bleached shirtings, wide sheetings, cotton flannels, corset jeans, tilesias and flat-fold cambrics there was a slightly improved inquiry by package
buyers, and a fair riistiibution of leaoing makes was made
on account of back orders. Colored cottons continued in
light and irregular demand, but fairly steady in price.
Print
cloths were in good request, and the tone df the market was
the
basis of 3 15-16c. for 64 by 64
very strong at the close, on
" spots " and "near futures," and SJ^c. for 56 by 60a. Stocks
three
Saturday,
and
for
the
previous years, were as follast
lows :
;
Spring, per bush...
up
29% Men'swear woolens have displayed rather more animation
3014
S0>4 than of late, and while orders for spring fabrics were placed
with considerable caution by the wholesale clothing trade,
transactions were numerous and reached a fair aggregate
The tone of the market for both domestic and im3 40 amount.
ported fabrics continues fairly stady, and stocks are, as a rule,
60
4
in remarkable good shape.
3 30
Domestic Cotton Goods.— The exports ol cotton goods
2 65
from this port for the week ending Aug. 14 were 2,546 pack-
;
Wlieat-
started
that reassortments of fall and winter goods have already been
found necessary, and a good many re-orders for domestics,
prints, &e.,were therefore received by the commission bouses.
Slock 0/ Print Cloths—
Held by Pro videuce luanurrers
Fall Kirer manulacturers
Providence speculators
Outside speculators
(est)
Total stock (pieces)
.
1888
Aug. 11.
10,000
None.
None.
5,000
15,000
1886.
1883.
13.
Axig. 14.
16li,0CO
82,000
28,000
93,000
25,000
Aug. 15.
445,000
158,000
320,000
250,000
1887.
Aug.
133,000
72,000
85,000
450,000
228,000 1,173,000
ginghams and cottcn dress goods continued in fair
demand at first hands, and the jobbing trade in these goods
was quite active at times.
Barley
Domestic Woolen Goods. The week has developed a modbush10.456 erate improvement in the demand for light-weight woolens
by the wholesale clothing trade, and selections, though conducted with extreme caution, were more numerous than of
31,911 late, and reached a fair aggregate amount.
Heavy clothing
17,341 woolens and cloakings were in irregular demand, and upon
the whole sluggish, but agents continued to make fair delivLighteries of some descriptions on account of back orders.
20,000 weight satinets have met with moderate attention, but heavy
5,393 makes ruled
quiet.
Kentucky jeans and doeskins were in
1,006 light demand at first hands and more active in jobbing circles,
283 Jersey cloths were lightly dealt in, but a fair business was
66,753 done in stockinets.
Flannels, blankets, shawls and skirts were
2,398
only in moderate request by package buyers, but a very fair
distribution of these goods was made by jobbers.
These lemarks apply fully to all wool and worsted dress fabrics, leading makes of which are well sold up by agents and steady in
Prints,
—
price.
Last week's stocks. Holiday there Aug 11
Jliuneapolls au.l St. Paul uot includeu.
FoBEioN Dky Goods.— The demand for foreign goods at
hands was only moderate, but importers continued to
first
176,989
152.945
301,434
490,242
197,291
145,.53ft
145.0H7
131.(101
317,706
108,487
make steady deliveries of certain specialties (on account of
importation orders) which reached a fair amount. The jobbing trade in this connection was decidedly more active, but
there is still room for improvement. The auction houses
have lesumcd their public sales, but no specially attractive
lines of foreign goods were pieaented during the week, the
offerings having been chiefly composed of undesirable cullings
ficm the tto.ks ol importers aid large jouberp.
@FedFRASER