The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
——
.
.
xmtk
HUNT'S MERCHANTS' MAGAZINE,
BEPRKSBNTINQ THE INDUSTRIAL AND COMMERCIAL INTERE3TM OF TUB UNITED STATES.
VOL.
SATURDAY. AUGUST
45.
O
NO.
20. 1887.
ONTE NTS.
Wttk BnUnt Awj.
THE CHRONICLE.
House Returns
223
224
Hartford
ilaven.
PortlHDd
Worcester...
Sprlnitfleld
in
Advance
For One Year (inoludins postage)
do.
For .Six Mouths
European Suliscrlptlon (inulndlng posta^'e)
Annual subscription In l.ondon (luoludin? postage)
81x Mos.
do
do
do
.
.
Lowell
:
$10 20
6 10
11 28
£2
7b.
«1
8b.
Subscriptions will be continued until deflnltely ordered stopped. The
puMlslurs cannot bs responsible for remittances unless made by drafts
or Post Otiice Money Orders.
These pric«!i laoiudo tiie Investors' Supplbmbst, of 120 pages
issued once in two months, and furnished wltliout extra charge to
Bubsorlbcr.s of the WiRONioi.K.
Ilia cover is turuislied at 50 cents; postage on the same is 19
eenls. Vo-umes bound for subscribers at $1 00.
A
London Agents:
New
Total
(1,'W4,11)3]
77,159,880
+0-3
93,233.SS«
+18-8
49.011,046
9,285,853
11,004,633
55.7;3,90S
«,7a»,9:»
-18-1
+37-0
-4-7
66,660.19(1
+16-«
8,9.'>9,432
+141
e9,851,'»38
74,069.068
62.175,490
61,t49,8?3
e,8«2,400
3,123.807
8,081.0>4
1.227,«25
S,S43,T48
1,485.150
Total Middle..
ChlcsKO
Cincinnati
8,()9«.300
8,180,785
8,894.S«3
...
Detroit
l,e»i),216
2,86,1.603
l,94H,33!i
Indianapolis...
Clereland
Columbus
Peoria
Omaha
jrmv O.
A FLOVD.
Pi>.vn
»01UI
Wichita
Duluth*
Topeka*
6o7,l)19j
l,704,tiS9
271,<I15'
Street, !VK\r VOlCK.
'3„x 958.
p^jgj, yj-j^i^^
Compai-ative dulness in speculation on the New York Stock
Exchange during the week ended August 13 led to a con
siderable reduction in the volume of exchanges at this
In fact, from this and other causes, the faUlng off
city.
from the previous week reaches $183,679,34.5.
Furtliermore, all but eight cities outside of New York also exhibit
llosses from a week ago, so that in the aggregate for all the
Blearing houses the decline, compared witlt August 6, is over
^two hundred and thirty millions of dollars. Altogether the
present statem 'nt is less favorable tlianany we have presented
since September 11 in 1886. As at New York, the greater
portion of the diminution in clearings at Boston is due to the
much smaller stock transactions, and the reduction at Philadelphia and Chicago is also in large measure the result of
-|Jo-6
704..S4H
11.6<6,(>48
.6.9l>S!
2,7<10,804
417,444
813,821
434-1
+24-1
+20
-9-1
40-8
+8B-3
82,110.«BI
4,127300
a.267,823
1,816,258
968,261
838.966
1,078.868
648,320
4T»
87,737,061
4-lfl'O
68,623.941
9.-.90.950
4,0103»S
4.14a.0b9
3.0S5.7B8
-31-7
2.170,5*
-
-2S-3
+18-4
+33-9
+28-3
-t-14U'l
^11
tfS
13,168,431
--38-2
--22-«
--42-3
- 56-1
+85-7
1,900.3>«»
I,18I,tf51|
2,812.385!
3.»87.2lni
2,578,!«9!
-82
-»»
4<r7
+45-8
4-2«1»
4-:9-i
+34-»
440-7
+28-0
4116.596
^^
685,010
+161&
4,219,410
1397,788
379,361
8»,014,573i
82,852,232
+7-4
99,660,783
Louis
Joseph
19,6.'i0,4()8!
18,47.'!.I04
l,133,21Si
7:i7,i48
4.448,018
6,070,396
7,405.960
-(-19-S
-)-6S-7
-l-ll-O
18,632.874
1,408,087
Orleans.
Louisville ....
-t-31-9
-I-43-3
6,049,174
7,216.327
985.288
636,701
-1-*
-31-3
616,770
4.S4-8
Total Western.
CLEABINO HOUSE RETURNS.
846,383
648.200
784357
2.1H0,e00|
8.6«5.»:4l
635,5721
Paul
.t'44;8
l,793.9-«
2,768,714
1,825,542
.•i,4
Denver
1,4.43,084
604,852
<J-i»«
(-«3-4)
1,011.308
4.229,400
1,044,8%
Grand Rapids..
..
(+246)
—1-8
+6-9
-11-0
2,801.050
•t Is. each.
^0* William
^a«6,BO0)
T?,3B8,933
England.
HeesTS EnwARtis & Smith, 1 Drapers' Gardens, E. C, who will take
absoriptioaa and advertisemeuts and supply single copies of the paper
J
+84-8
a7.78a.8(y7
Minneapolis
S
P.Cflit.
e6,fS0.78t
4.S82.900
1,819.«87
1,4A8,863
8&5.aSB
781,641
ei4,A44
a2«.316
nttsburg
Baltimore
Sit.
Wr7rt51,7m
(13K.MB) (-lO'D
8.
(-18-75
(37,M4,3tl0
(17,468,000]
Philadelphia.
Milwaukee
1897.
^
(872,600)
(30,05«,000)
(47,677,000)
(lOa.MOO
tinlet.)
buiihets.)
I>M<.)
Pr^iTldenoe..
Terms of Subscription — Payable
P. Cent
614,773,389
(karM.)
Boston
New
Wuk Bn^tAut.
13.
UM.
229
Weekly Railroad EarnlnftR
Monetaiy and Commercial
New York
Bei!retar> I.iimai's Lnud-Gi aut
230 Bata of—
EngllsiNews
Rulings
228 Conimerolal and Mlgcellaneoos
lStock$
••
(Cotton
232
IiawH To Protect Laboi"
iii?
News.
itirain
Vet EamliiKs in June and tlio
(Petroleum
Half Year
228
Cloarlnjt
TheFlnan'-tiilSltUHt on
1,156.
St.
St.
New
+M-S
+f8
Memphis
9^-0.492
Galveston....
569.982
662.86U
4,005,707
3,842,954
6,167,484
782,444
1,043,571
399,384
39,821.350
82,451,894
+22-7
40,31X>.53»,
411'8
16,783,929
18.362,320
425-7
19.007,6921
473-9
807,002,403
892,iaa.8«7
-9-5 1.037.468.680!
4-»0-»
292,230.0171
2Jt>,878.3061
+4-4
-^12-6
Kansas City..
Norfolk
Total Southern...
San Francisco
Total
Outside
*
all
New
,
York.
Not Included
425-3
-45-4
-KO-9
4,8^)5,167
340,0013901
4-18-8
-t.«l-4
in totals.
The returns of exchanges
for the five days as received by
telegraph this evening exhibit a s'.ight gain over the correspon ling period of last week. Contrcstod with the five days
of 1886, however, the aggregate for the seven cities records a
loss of 11-6 per cent.
Our estimate for the full week ended
August 20 indicates a decline frou a year ago of about 8"7 per
Messrs, R. G. Dvm & Co. report the number of failures
Contrasted with the corresponding period of 1886, there is for the week ended to-night (August 19) as 161 (135 in the
a loss in the total of 9 '5 per cent, a decided change from the United States and 26 in Canada), against 180 last week and
preceding week,' when the gain was SO'o per cent. Including 186 for the same time a year ago.
Tew York, seven cities record losses from a year ago. Heavy
Week BniTi Auf. 13.
Week Ending Aug. 20.
percentages of increase are recorded at some points, notably Betunu bu Teltgrapli.
restricted speculation.
•
cent,
Wichita 1491 per cent, Omaha .OO-l, St. Joseph 63-7, New
Haven 41-3, Kansas City 43.-3, Peoria 43-3 and Norfolk 40-9
New York
per cent. Compared with 1885 the current returns show an Sattt of Stock
(tkttra)
excess of about 7>^ per cent, while the gain over 1884 reach e-i Botftoa
Philadelphia
nearly 15 per cent.
Baltimore
Messrs. R. G. Dun & Co. report the number of failtu-es for Ctaloago
the week at 180 (l.ll in the United States and 29 in Canada), Bt.Looli
Mew Orleans
as against 183 Last week, and 1.57 for the week of last year.
6daT8
Estimated 1 dar
Total,
1887.
.
18S6.
P. Cent
I~
P. Cent.
4.'0,><36,222
510,199.818'
-10-3
428,3».),4S3
-IdO
(744,093)
(l,I90,801l!
(-S75)'
(MMW)
(-17-0)
57,.)77.H8
&6,92l,Ulj
45,»30.7'»
+;-2,
60.207,1.95
-0-7
-43
41,231.343
—lS-1
9,055,200
44,(>37,2M
+»*
43,6'Jl,84f.
9,14'<,783
0.345,8il9l
-3-1
45,474.058
14,h;8,J2>
42,;!8r,000
4-r3
l'i,at4,083
4-J7-3,
3,0S'1,5»S
3,40S31l
-l-IOO
680,407,018
-11-6
-8-9
The exchanges at New York due to transactions other tlian
135,710,718
those in shares (the market value of the dealings in which on
Total fall week....
725,079.370 810,117,736 "^iTi
the Stock Excliange was respectively $61,434,000 and $73,804,- Balance Coootrr*
+1390,10-^,201
76.30 i,8»3
^000 in the two years) are $301,187,885, against f437,800,.501
-8-7
892,431,489
Total week, all.. ..
815.131.5.
jQfix ago, or a decline of 15'6 per cont,
* r«( tta« foil wMk, bM9d oa lait vcok'i ratatub
-
18m.
f01,401,175
183,0;8.301
16,788,730
3.743,4.7
-6-1
4-8t-S
+7-8
118.102,808
-IM
— M-T
717i53J.Mi>
88,142,168
"4-8»3
B06.e;8.371»
-9-8
6au.43l.998
-18-4
THE CHRONICLE.
22411
thus
THE FINANCIAL SITUATION.
applied
[Vol.
does
for
not
reach
1,400,000
XLV.
dollars.
There has been a slight tendency upwards to the money
market this week. On call, as represented by bankerb'
Both
balances, the range has been 8 and 1 per cent.
designed,
stocks,
on
efiect
for
made
were
however
extremes
Botk methods for the disbursement of the Government
surplus have consequently produced up to this time less
than A\ millions; but as it has been announced that 16
was claimed, to influence the decision of the Treasury
bond purcbases; only very small amounts were
The bulk of actual business was
loaned at either figure.
sions, the
millions are
as
as to
be paid out the current month for penin August ought to net a loss to
to
movements
the Treasury cash.
was a disappointment to Wall
bonds were not larger, but at
It
street that the purchases of
the same time legitimate business is better served by a
and between 6 and 3 per cent, with 5 per cent as
moderate
outflow continued, than by any sudden opencollateral
stock
Time loans on first-class
the average.
ing of the gates. Besides, the Secretary's object and duty
that
for
money
of
supply
are not in as good request, the
is to make the best bargain he can for the Government,
purpose not being abundant even from out of town banks.
and in seeking to do that he appears to have developed
loans which have matured have not been
done
at
Some
time
banks preferring
accommodation
for
the
renewed,
and
There
customers.
on
call
is
the
use
to
of
their
demand upon
a good
money
regular
the fact as stated last
that within certain limits
These experiences have, however, as already
city institu-
for time loans
week
he
controls the market.
not only
disappointing,
in
circles
directly
said,
been
interested
from merchants, and lack of funds
some classes seriously. Of course in this condition in the bonds, but in other circles as well, larger additions
to the money market having been hoped for as a result of
of the market quotations for commercial paper are only
the
Government purchases. This expectation was, we
while
four
per
cent,
rated
at
is
and
the
best
nominal,
6^
months' commission house names are 7@7-J^ per cent, and think, without reason, for the S jcretary is only buying
good single names having from four to six months to run for the sinking fund, and as about 1 9 million dollars had
been taken in for that purpose on the last call of the 3
are 7^@9 per cent.
tions
affects
The
cable reports discounts of 60 day to 3
months
baiik
2| per cent, with the Bank minimum
unchanged at 3 per cent. This unchanged ofBcial rate
bills in
London
at
would indicate that the Bank directors are not
tressed over the outflow of geld as yet.
Bank
at all dis-
In fact there was
England this week,
but it came through large receipts from the interior, a
special cable to us stating that there was £91,000 gold
withdrawn from the Bai.k and shipped wholly to the
United States and £132,000 received from the interior
The cable also reports a gain by the
of Great Britain.
Bank of France of £188,000 and by the Bank of Germany
of £59,000, and further states that the Berlin 3^ per cent
commercial loan of 10 million marks was fully subscribed.
The open market rate at Berlin is lf@lf per cent and at
& net gain
reported by the
of
Paris 2^ per cent.
Our foreign exchange
for
sight bills
hardening of
per cents, only about 29 million dollars remained in
all to
and in the present condition of the
monetary problem it could hardly be expected that the
Government would purchase many if any more bonds
be provided
for;
than the current surplus (unless, forsooth, the offers were
extremely advantageous), thus keeping this method as a
means for depleting the Treasury during
succeeding months,
generally active.
when
If the
current and perhaps a
this
and the
demand for funds is
Government thereby gets out its
the crop
little
of
the active months, and prevents
old accumulations
its
its
in
currency holdings from
first of last month and the first of
would be a better result than most good
judges anticipated.
So far, therefore, as the public is
increasing between the
January next,
it
looking in that direction for such disbursements as will
afford the street easier money, the expectation will proba-
market was advanced to 4-85 bly have to be dismissed. Gold imports must be mainly
on Monday, mainly in consequence of the relied upon to supply our current needs for crop
the discount rate in London.
But the and other purposes, which demand, the presumption is,
be as large as
market at the advance became dull, gradually growing
heavy in consequence of the pressure of bankers' bills
will not
drawn against the negotiations of bonds noted last week
and of commercial drafts which were freely ofEered. As
a result, the tone was easy, not only for sterling, but for
Continental bills as well, and more gold was ordered out
from London and also from the Continent. We learn, as
above noted, of £91,000, as taken out of the Bank of
England for New York, and also of other amounts
shipped from Paris and Bremen, which altogether
would
make
the total afloat
about
$3,000,000.
There was an arrival by the Trave yesterday of
about $800,000.
The Treasury order, directing the
examination by appraisers of imported bullion, has
after they
been modified so as to permit
all
consignments of $50,000
much more
are
last fall,
and the funds so sent out
likely than then to return to
this
centre
have done their work.
There has been no new development with regard to the
Then we reported copious rains
crops since our last.
throughout the Northwest, where they h ave been so long
and so severely suffering from drought. Some authori-
seem to have determined beforehand that the rains
were too late to do any good, for before they had ceased
ties
falling they gave us reports to that
judgments are always suspicious.
month hence
to tell
what
is
effect.
It
will
Sach speedy
be easier a
the extent of the benefit.
At
hardly needs to be said that the progress of
the iLJury was arrested, and farther that few crops can
all
events
it
look worse than corn under a severe
or over to be sent directly to the consignee.
This week's Wednesday opening by the Treasury of the
offers to sell bonds to the Government for sinking fund re-
recover, in a greater or
quirements disclosed an aggregate of $8,246,500 of the i^s
at prices ranging materially below last Wednesday's offer-
carry with
tion of the plant.
less
Later Agricultural Department reports
be awaited with deep
will
drought and yet
degree, from so low a condi-
they of late years
interest, for
them deservedly great weight.
time a reasonable judgment would seem
In the meanto warrant the
Toe largest lot was $2,500,000 at 109 44, another conclusion that at least a crop equal to the first of August
$1,841,950 was at 109-92 and the balance at 110, (x- promise migtit now be anticipated,
and what that
cepting a very small amount a little higher. Secretary Fair- promise was we showed last week.
With regard to the
child only accepted the 2^ million at the lowest figure.
cotton crop the latest reports are not quite so favor*
ings.
lot of
The responses
to
also continued to
volume.
the proposal to
come
in,
prepay interest have
though not as yet in any large
Altogether, so far as
made
public the interest
able.
it is
In
fact
in
Texas
a
very
claimed, has been materially injured
drought.
large
seciion,
by the prolonged
.
.
AVOCST
80,
TBE (3HR0N1CLE.
1887.1
Railroad earnings
225
continue a very favorable feature circumilancflf, perhaps tbe b«it thing to do is to leek a
havo arrived at the period when renewal of the alliance with the Pennsylvania.
lo fact,
they were very large a year ago, and when therefore the we do not see what other coune is open.
In the mean*
of the situation.
still
Wo
might be expected
Undoubtedly a few roads show
comparison
mostly
in
the
be
year
this
cinnati Indianapolis St. Louis
is
&
light,
&
into pastures
in
such as the Cin-
Evaosville.
an obvious lesson
is
has a good thing
they are
Chicago, the Evansville
Terre Haute, and the Peoria Docatur
time there
less satisfactory.
declines, but
where the movement of wheat
sections
1886 was heavy and
to
first
been
it is
when on*
and not ventar*
this incident:
it
new, unless their grazing properties h«re
tested.
The stock market
&
These
in
best to hold on to
this
week has been
Neither operators for a
featureless.
dull,
fall
stagnant and
nor operators for
no appreciable effect upon the a rise are doing anything, and the general public is foland for the first week of August the net lowing their example. There have been no developmenta
aggregate gain on sixty-nine roads reaches over half a mil- of moment affecting values. The threatened out in rate*
lion dollars, or more than 14 per cent. Nine of the sixty-nine by the Chicago Burlington & Northern has been averted,
roads record a decrease, but the total decrease on them all but on the other hand it is announced that some
is but $29,3G7.
For the second week of the month only of the roads to Daluth insist on making rates to that point
twenty-nine roads have yet reported, seven of which show as low as to Minneapolis, and that the roads to the latter
a loss (only $16,760 in amount, however,) the net increase place will not yield the point, and that trouble m\j, as a
But the market, though dull, has bad a
reaching 15^ per cent. What makes the exhibit the more result, ensue.
satisfactory is that in the same week in 1886 our state- pretty firm undertone. Manhattan Elevated, however,
ment showed an increase of $650,880 on fifty-eight roads and some of the Qould stocks have been rather weakor over 16 per cent.
Reports of net earnings are of the Government bonds have been lower since the Secretary
same character as the gross, as may be seen from our has shown that he is not to be induced to take bonds at
review for J ane and the half year, on a subsequent page. any price that the holder may choose to ask. R iilroad bonds
We gave, a short time since, an illustration of the effect of have been inactive, like stocks.
The following statement made up from returns collected
the heavier earnings in the case of the Norfolk & Western.
This week we have a similar illustration in the case of the by us shows the week's receipts and shipments of currency
Louisville & Nashville, which for the fiscal year ended and gold by the New York banks.
decreases, however, exert
general
total,
June 30, 1887, reports a balance above interest,
and taxes of $1,832,253, against a similar balance
$527,803 in the previous
rentals
Week mdloQ Au^iut
of only
If.
Shipped by
r. Banke.
r. Bankt.
xV.
ISIO.OOQ
Currency.
year.
fiscal
lUcHved by
19, 1887.
I1JS98.000
325.000
Gold
Netlnteiriwr
StowmenU
Loss
.
Lost.
t7Se,000
S«9,000
announced that the Terre Haute & Indianapolis or
«°iO,000
12,183.000
Lo«a..tl,»83,000
Total gold and legal tendera
Vandalia line has been taken out of the hands of the
Tbe above shows the actual changes in the bank holdIves syndicate, and that the old managers are once more
ings of currency and gold caused by this movement to and
in control, with Mr. McKeen as president.
Thus ends the
from the interior. In addition to that movement the
attempt to transfer allegiance from the Pennsylvania to
banks have lost $1,600,000 (disregarding the Treasury
another interest. From the first the whole matter looked
payments for bond purchases made yesterday, which would
like a joke; the idea of such a small force having it in
(.ount for only one day in the statement of averages)
mind to circumvent the Pennsylvania, was almost grothrough the operations of the Sub-Treasury, and have
tesque.
But the Terre Haute management went ahead
gained $850,000 by gold imports. Adding these items
with their plans, meeting apparently no opposition on
to the above, we have the following, which should indi.
the part of the Pennsylvania ofiScials; and even after
cate the total loss to the New York Clearing House banks
the Ives party assumed control no one seemed dis- of currency and gold for the week covered by the bank
It is
I
turbed or alarmed.
We
pointed out at the time that
there were plenty of other available routes to St.
for
the
Pennsylvania.
dianapolis and the
Still,
the Terre
Haute
statement to be issued to day.
Louis
&
Wuk
and
it
August
Out of Banks.
Into Banks,
19, 1887.
seemed therefore hazardous
Of course the
Total gold and legal tenders
for the former to venture out of the fold.
Net CHangt in
Bank HoWnoi.
Banks' Interior Movement, as abore
Sub-Treas. opers. and gold Imports
Pennsylvania were by virtue of their
position natural allies,
endinti
In-
...
JSW.OOO
I3.IS3.000
6.090 000
rt,800.000
te3»o,aoo
1
ts.d'23,000
UHa..tt,333,000
750,000
Losa„
LOM.. 12,033,000
England gained £41,000 buUioa during the
Baltimore & Ohio was to take the (.lace of the Pennsyl- week. This represents £132,000 received from the intevania, but that would make a forced rather than a rlorof
Great Britain and £91,000 shipped to New
The Bank of France reports an increase of
natural alliance.
The Ohio & Mississippi is the true route York.
francs gold and of 4,025,000 franca silver, and
4,700,000
for the Baltimore & Ohio to St. Louis. Besides, the Balti-
The Bank
of
the Bank of Germany since our last has gained 1,180,000
more & Ohio could offer only a small amount of business
marks. The following shows the amount of bullion in
compared with what the Pennsylvania gives. Moreover, the principal European banks this week and at the cor%
the Pennsylvania had a lever that it could use against responding date last year.
he Terre Haute & Indianapolis in its ownership of the
Augiut 19, 1888.
Amul 18, 1887.
Banks 0/
securities of the St. Louis ^"andalia & Terre Haute and
TataL
Oold.
SUver.
Total.
SUver.
ChM.
The
also in its interest in the lease of the same road.
£
£
£
S
£
£
Vandalia has not been a very profitable piece of road, and
Bingland
France
18.110.7*1 47,906,79*
aO,814,S34
21,779,079
99,017,544
54,W3315
45,23<,a03
90,'«7,SS8
Haute & Indianapolis do with90,436,100 19,9:0,840 39,979,000
81,909.450 19450,590 40,795,000
e,4»3,onb 18,995,000 90,158.000
All these Anst.-Hung'7 6,945,000 14,357,000 80,gOS,OM
out it ? It would become a mere local road.
9,704*00 8.100,000 14.801,000
5,101.000 8,189,000 13,890,000
Netberlands..
2,771,000 1,389.000
4,157,000
facts and circumstances however did not deter either Nat.Belgloin» 2.569,000 1,284,000 8353,000
7,399,000 IJ 19,000
8,706,000
1,118,000
8,101.000
6,983,000
National Italy
Doubtless
buyer or seller from striking a bargain.
Tot. this week 1U<»«,744 91,714,334 S0S,743,0nt 120,909.551 aS,909,tU8 909,179,309
the offer of the Ives
people was very tempting. Tot. preT.w'k. Ul.<«7.8ei 9«,U84.»10J SOS,'W«,«»| 119,739.844 8a.l)rJ.»-<|l9()5,708,4aB
gold and sllror) n^ven In oiir ciiiile u( cola and
Now the Terre Haute & Indianapolis managers * The (Uvmon (between
boUion In tlio Bank of Oermaay and tlie Btnk of BoUiiim Is luiwle from
find they have had to pay dearly for their experience, for tbe best estimate we are able to obtain; in neitUer oase \» it oiaiiued to b«
aocarate, as Ibose bunks niaice no distinction iu tbcir weekly ruport,
though Mr. McK.een states that he will lose nothing per- merely reporting tbe total sold and sUvor; but we bcUeru tbe division
we make b a close tii>proxunaiioa.
sonally, he admits that the company will have to stand a
Note.— We receive tiie above results weekly br oabla, and whtto
aU of tbe date given al tbe bead of tbe column, thev ara tho
loss.
We have no doubt the error is regretted. In the not
eturoa Issued nearest to tbat date— tbat is, tbe latest reported Qgures.
yet what would the Terre
'
'
THE CHRONICLE.
226
The Assay
Office
paid
$187,442
througU
following from the
section 6 of the act of July 27, 1868,
odd sections of land "hereby granted"
to sale or entry, or pre-emption,
Custom House.
The words
Constating
Duties.
Date.
Gold.
$318,299
241,022
6H5,166
783,075
453,673
467,064
Aug.l2.
" 13.
93
50
04
63
92
44
TJ.S.
aoid
Silver Oer-
Oerlifle's.
tiflcates.
$265,000
173,000
556,000
6)7,000
345,000
362,000
$39,000
40,000
51,000
42,000
47,000
53,000
shall not
to refer
land granted in the primary sections, and
not to that in the indemnity sections.
Lamar has examined
Mr.
be liable
except by the company.
quotation the Secretary construes
in
simply to the
Notes.
$39,000
26,000
71,000
78,000
58,000
43,000
$1,000
of—
XLV.
Mr. Lamar bases his action entirely upon a clause in
which says that the
Sab-
the
Treasury for domestic and $632,120 for foreign bullion
during the week, and the Assistant Treasurer received the
[Vol.
the
It
is
question with
evident that
great care,
and has arrived at a conclusion only after mature delibera1,000
« 15.
8,000
tion, and yet it seems to us that the interpretation he
" 16.
4,000
places upon the words " hereby granted" is altogether too
" 17.
4,000
" 16.
7,000
restricted.
"What was it that Congress granted ? A cer J
$272,000 tain quantity of land per mile.
$28,000 $315,000 $2,357,000
"Where was that land to
Total. $2,978,303 52
be
found
Within
certain prescribed limits, if possible,
?
silver
in
Included in the above payments were $6,000
but within certain further limits in case of a deficiency in
coin, chiefly standard dollars.
the original limits.
SECBETABY LAMAR'S LAND-GRANT RULING.
Now, was not
the land just as surely
"granted" the road if found in the secondary limits as if
found in the primary limits ? And if so, what justifica-
There appears to be a good deal of confusion in the tion is there for making a distinction between the two ?
public mind as to the meaning of Secretary Lamar's ruling It should be remembered- that the term indemnity lands
Quite nowhere occurs in the act, nor is there any reference to
this week with regard to the land-grant railroads.
erroneous impressions exist as to the ground sought to be
primary and secondary
covered, and also as to the possible effects of the .action on
venient designations that have
An
the railroads affected.
inquiry,
therefore,
into the
nature of the ruling, and the reasoning on which
it
is
based, will prove useful.
limits.
These are merely con-
come
into use since then.
Does it not seem reasonable, therefore, to suppose that
Congress in declaring that the odd sections of land
granted were not to be liable to sale or entry except by
In some quarters it has been assumed that the Secretary the company, meant to include all the land in any way
had declared a forfeiture of the lands. Indeed, the head, subject to the grant ?
But even if it be assumed that the act does not in
ing over the item in some of the papers plainly read that
express
terms direct the withdrawal from sale of the land
way. It is hardly necessary to say that it is not within
the scope of the Scretary's authority to declare lands
forfeited,
in the
sections, is not
reserve
the withdrawal an abso-
the roads their rights, and
is
Such a step comes wholly
"What the Department not such withdrawal therefore implied. It is admitted
that land held for indemnity that deficiencies exist in the primary limits, and also that
the railroads, and thus with, it was clearly the intention of Congress that these deficien-
earned or unearned.
lute
necessity to
insure
to
within the province of Congress.
actually has done is to direct
purposes under the grants to
drawn from sale and settlement, be restored to the public cies should be made good in the secondary limits. Bat
domain that is, such tracts of land as have heretofore certainly the deficiencies can not be made good if in the
been held in reserve for the purpose named, are no longer meantime settlers are allowed to enter and take possession.
to be so held, but thrown open to settlers in the same way Suppose the position now taken by the Interior Dapart-
—
as other public lands.
This being the extent of the action taken, two general
questions arise with regard to it first, what are indemnity
;
lands,
and secondly, what
is
the Department's authority for
ment had been taken when the act was passed in 1886,
would there be any reserve lands left njw. Even as it is
&
the Atlantic
the whole
Pacific people estimate that
after taking
the indemnity sections to
which they are
short over a million acres, and the
of
To understand the nature of the indem- entitled they will fall
?
we must go back to the time when Congress Oregon & California also make a claim of shortage. It
incorporated the roads.
The Secretary bases his remarks should be remembered too that through all the various
the step taken
nity tracts,
upon the case of the Atlantic
of illustration
we
will
take
&
and for purposes changes in the Interior Department, and through successame road. Now the sive administrations, the view has prevailed that the
Pacific,
the
& PaciSc received a grant of land from the
United States to the amount of twenty sections per mile
(odd numbered) in the States and forty sections (also odd
numbered) in the territories. In other words, the road was
to have all the alternate sections for twenty miles
on each
side of the line in the States and all the alternate
sections
for forty miles on each side in the territories.
Congress
Atlantic
must be withdrawn with the
reserve lands
makes
it all
TUere
is
correctness
also
of
strong presumptive evidence
the
or rather non-action
or
more
rest,
which
the more venturesome to order a change now.
the
original
of
position
Congress.
indemnity
lands,
in
the
of
the
action
For twenty years
were held
so called,
reserve by the Lind Office, and the whole world
was cognizant of the fact. E.iilroad land grants were
up for discussion at every session, and yet knowing
and understanding the policy of the Department in that
that where any of the land was found
to "have been respect Congress took no action looking to a change.
It
granted, sold, reserved, occupied by
hon^estead settlers, or did not even order surveys to be made, so that the roads
pre empted, or oiterwise disposed of,"
other lands should could determine the shortage in the primary limits and
in
saw, however, that some or much of the land
within the
designated Umits might be already taken up,
so to insure
the company the full amount of the
grant, it was provided
be selected in alternate sections within
a further limit of the extent to- which recourse wou'd have to be had on the
It is the land in this
secondary limit, and indemnity I^nds. Are we not to presume from this latter
which together with that in the primary limit
has ever since circumstance that it was considered that the rights of the
been held in reserve, that the Secretary
now proposes to land-grant roads were in no danger, since the full quantity
open to the general public. Of course,
the matter is not of lands, both primary and secondary, was withdrawn
80 important as it would be if the ruling
covered the from sale, and that therefore the need for surveys was not
pnmary sections, and yet quite a large
quantity of land is n -gent.
Only a year ago Congress declared a forfeiture
ten miles.
mvolved.
of the laads tq the Atlantic
& Pacific on
the uncon3'.rucle4
i
ACOC8T
THE CHRONICLP.
30, 1887.1
227
same time have taken only because it was manifested long ago, before the tenwith reference to the lands already earned, and the dency became general.
Bat when we consider how Wall
of the Depaitment till then of holding them.
Street looks to the Treasury for relief from money itrla-
portion of the road. It could at the
action
policy
The
truth
in a fair
is,
and
this land
grant question should be treated gency caused by spocula'.iveopsrationt; how amovemtat,
must divest ourselves of originated by very crude thought, but itself vary atroag
We
liberal spirit.
the prejudice so generally entertained against the land-
and
real,
has fastened an Inter-State
must be remembered that the circumstances and conditions when the incorporating acts were
passed, were quite different from what they are now.
Today no donations of land would be made. But today we
have all the roads we need, and more. Twenty years ago,
however, there were no rail outlets to the PaciGc, and
«very possible encouragement had to be offered to secure
them. In answer to those who contend that an empire of
land was given each of the companies, it is lo be said that
greet though the inducement was, some of them, and
US;
bow
zealously Congress
grant roads.
It
very Atlantic
notably this
to this
day
;
and
&
of millions for purposes of popular education in the Stales;
how
persistent
the agitation in
is
pensions to every one
who
had very
value then, there being no railroads to make
little
favor of granting
lite
Union army,
and who now thinks he needs Qovernment aid; how
earnest philanthropy has become in behalf of measures to protect men from evil by putting it out of their
power to buy strong drink; when all these things, only
a few out of many, are considered, we fancy there will
be none to dispute the fact of a marked tendency toward
enlisted in the
—
We cite
remain uncompleted paternalism in government.
Pacific,
further, that the land
Commerce law apoa
urged to appropriate t«ii*
is
condemn nor
neither to
to favor
the examples above
any one of them, bat
merely to illustrate as well as prove an assertion.
have purposely left unmentioned the most promiconstrued in the light of things as they existed at the time nent and significant movement in the direction indicated
But the main
fact to bear in
mind
is
it
accessible.
that the act
must be
pasEage, and not as they exist at the present time.
do not believe in straining a point in favor of the
companies, but we do think that they should be protected
in every right which it was the plain intention of Congress
It should be remembered, too, that the
to give them.
present controversy involves lands actually earned on
road constructed and in running operation, and that the
claim to the land is not disputed, so that there would seem
all the more reason why nothing should be done to jeopar-
of
its
We
dize or impair the claim.
We
—the great and
increa.sing
protective laws.
It is a
however impracticable
that every
much
man
demands of
'-labor"
for
new
good theory and a sound theory,
may
it
be in these modern timet,
has a right to dispose of
all his labor,
or so
him to sell that an employer has
an equal right to employ whom, and as many or as few
persons as, he wishes and that the terms of employment
and wages are simply and wholly matters of agreement
between the employer and each person employed. Of
course we have long ago become accustomed to a very
different rule of practice, and one runs a fine risk of being
of
as it pleases
it
;
;
one particular, however, in which a change is
namely, in the time to be allowed the set down as old fogyish who ventures to express a preferAs stated above, in ence for the old rule as more jast and more becoming to a
railroads to make their selections.
some instances the indemnity sections will be required in people who think they are free. But see how far we have
Ten-hour laws forbid an
full by the railroads, but there must be many others where departed from that old rule.
There
is
very desirable
a
—
and in such cases it does not
seem fair or reasonable to keep the surplus closed to
In this respect, theresettlers for an indefinite period.
fore, the Department's zeal is to be commended, and yet
we cannot understand how it is within the power of the
large surplus will remain,
Secretary, on his
own
motion, to inaugurate the change.
President Cleveland referred to the same need in his
ter about the
when he
case of Guilford Miller,
let-
said that
such a condition of the public lands should no longer
continue, that so far as it was the result of executive
rules and methods these should be abandoned, and eo far
they
as it was a consequence of improvident laws,
We
should be repealed or amended.
that the next Congress will see
measures are passed.
The
to
railroads,
trust, therefore,
that the necessary
it
it
should be under-
employer to run his factory more than ten hours in a day.
Trade unions say to employers: You shall employ this
man; you
many
the matter.
As
no
more;
you
may have
so
shall
—
some
States,
by the potency of the labor vote over the
Hdrmless measures they are,
politicians of both parties.
no doubt, and very possibly
—
in
land they will need in the indemnity sections to repair
not employ that man; you
employ us
or your factory shall stand idle; you shall pay ua
so much, as wages, each one of us the same amount,
whether he is a good workman or a bad. As if
this were not enough they go to the legislatures and ask
for example, that employers be
for various measures
obli>;ed to pay wages weekly, that arbitrators be appointed
by the State to take cogoizance of labor disputes, and so
The things mentioned they have already secured la
on.
many cases cases we
no surveys have been made, they cannot tell how much except so
stood, are powerless in
shall
apprentices but
are not
far
as
raising
beneficial in
a
word
a multitude of
of objection to them,
they seem to indicate the tendency
we
have noted.
The Atlantic k Pacific
losses in the primary sections.
In that respect we have a very decided objsotion to the
made a tender of money for a survey, but Secretary labor legislation already enacted and to that which ia
Lamar maintains that he could not accept it, and he proposed Trade-union tyranny is preferable to the overany other
also claims that only Congress can order the completion
protection
of the surveys.
while the trade union doers put
dead
LAWS "TO PROTECT
A
LABOR."
political philosopher, seeking in the current history
his
of labor, or
level of mediocrity,
fellows
— thus
interest,
by law.
For
who submit to it on the
and allows no man to rise above
all
discouraging
skill
element of manly independence aboat
— there
it.
is
a
small
That
is
to say,
the union is managed by its own members. Toey relj
abundant reason for thinking that men are on themselves. What they resolve to do may be wise or
through their reiolosing something of their individual independence, and foolish, bat in either case they carry
they go to the
When
looking more and more to the community to protect them lution by their own unaided e ffocts.
on a different
act
they
laws,
Examples of this ten- State and ask for protective
in what they term their rights.
by the
evolved
out,
worked
are
dency might be given by the score. The desire of mana> principle. Laws which
aUikei^
labor
in
capital
and
as
facturers to bo "protected" by a tariff is not one of them, collision of such forces
of America for evidences of the tendencies of our time,
would
find
THE CHRONICLE.
228
combinations and other kindred devices,
lock-outs,
be regarded as just Jaws, though
may
not always certain
it is
fVOL.
XLV.
seven roads, and over half the amount, or $16,417,577, has
l)sen carried over into the
net,
tlie
percentage of increase
But those which are the result of being 15 1-5 in the gross and 24 in the net. Moreover, of
political intrigue, which are secured by menace of "smash- the whole number of roads included, only nine show
ing things" politically if they are not granted, are diminished net for the month and eight for the six months.
extremely unlikely to be well considered; whether they It will be interesting now to observe the changes from
For this purpose
are so cr not they are due to cunning and not to month to month during the half-year.
prowess, and every "victory for labor" in that field we give the following recapitulation of the monthly
marks a distinct loss of independence and the sturdy results.
that they will be just.
vigor of self-reliance.
Bat we are not so much concerned about the
men who put
reliance of the
" labor"
representatives of
a whole.
as
any
It is
a bad
comes
class
we
as
Gross Earnings.
•
are about the country
symptom, we think, when
forward
inability to protect itself,
self
with
.
a
confession
and asks the Scate
of
undertake
to
tion
1S*7.
Earnings.
1886.
Increase.
June
*
t
4,630,090 2,532,507
7,203,801
14a,329
8,087,232 3,200,415
8,859,65411,813,625
9,312,016-2^330^422
(56 roa e)'35.8<il,S8)'33,021,535'3,840.350!l2 12,582,9521 10.395,820 2,
187,732
Ic is
— the paupers, the
insane and the physically defect-
who have no
Children
ive.
A'f!
Increase.
*
IPC
$
t
Jan. (51 roads) 21,163,423 19,950,928 4,212,497 21 7,213,497
Feb. (67roaas) 21.936,400 28,6-S,ail|2,2(!0,IMB 10 7,406,993
M'cb (SSroadsl 32,592,658 20,881,8T9,3,727,7S2'21 12,176,847
Apr-I (59 roads) :31,«10,2B1 -37.576,467
4,003,814J 15 10,673.379,
May (SSrjads) 32,596,4 -,2I28,934,93S'3,881,494!
13 11,681,4381
worse when the State takes the applicaHere tlie
tion as a matter of course, considers, and accedes to it.
prominent.
No doubt there are classes of persons who need protecthe duty.
1886.
18tl7.
themselves forward as the
natural or no discreet guar-
siriie
feature noted a
month ago
is
again
We
refer to the steady decline in the ratio of
increase in the gross.
Leaving out February, when bad
weather
this
year interfered with railroad operations,
we
January and March an increase of 21 per cent
In certain matters women need it and
dians need it.
each, followed in April by an increase of only 15 per
cent,
even all men, against fraud and violence. The fact that
in May by an increase of only 13 per cent, while
now for
government does labor under a certain obligation to guard
June the increase is not quite 12 per cent. Admitting
the rights of every one, makes it not easy to draw the
that the result in both January and March was excepline between praiseworthy and obj actionable forms of protection by law.
But that to which we object does not come tional, in the one case because good weather this year as
near the line, or raise any delicate questions. We are compared with bad weather in the previous year made the
speaking of measures which attach to State and national comparison unusually favorable, and in the other because
government functions which do not, upon any proper the passage of the Inter-State enactment caused a large
advance movement of freight, it is yet true that during the
theory, belong to them, which
find for
;
cannot be wisely exercised
even were every
officer
earnest in his effort to
do
three months, when the conditions were more nearly
normal, the percentage of increase has fallen off month
by
last
justly
and equitably what the law requires him to do, and
which will certainly not be wisely exercised by officers month.
who owe
We
allegiance to parties
and cater to the labor vote.
object to measures which, instead of dignifymg labor,
Of course one of the main reasons for this is that
the comparison has been with better results the
previous
year but that does not make the change any the
less
;
and which violate the whole spirit of the Gov- absolute.
What invests the declining ratio, however, with especial
ernment by making it a government for a class, and not
importance is that it has not been attended by a corresone for the whole people.
ponding reduction in the percentage of increase in the
If it is idle to hope that the laboring
net.
degrade
it,
class will see that
Thus
in April the increase in the net
what they ask is destructive of their best interests,
we
must wait until there are men strong enough and
states
manlike enough to resist this tendency, for the
good of
wage earners and of the country at large.
was 20 per cent, in
was 25 per cent, and now for June it is 21 per
cent— fluctuations which may occui- at any time, and need
not be referred to any general tendency
one way or the
other.
But what is particularly significant is that while
N£r EARNINGS IN JUNE AND THE
the 20 per cent increase in net in April followed
a 15 per
cent increase in the gross, the 2 per cent increase
in June
followed an increase of only 12 per cent in
gross.
It will
be observed, too, that the ratio of gain for June
is but
HALF-
YEAR.
May
it
1
The course of net earnings continues steadily
upward.
The ratio of improvement varies of course from
3
montli
per cent lower than for the six months,
to month, but the improvement itself
notwithstanding
remains an indis.
that the latter embraces the exceptionally
puUble fact. Moreover, as has been the case
favorable results
all along,
for
January and March, and notwithstanding, also, that
the net shows relatively even better
it
than the gross.
have made up
six months,
this
and
it
week the exhibit
for
June and the
fully bears out these statements,
as
be seen from the following summary.
We
first
covers roads not included in the June exhibit,
like the
Lake Shore and the Michigan Central, which do not issue
may monthly
statements,
but which for the half-year have
specially large gains.
The inference to be drawn from these continued good
would seem to be that the roads are not now spend-
results
ing so niuch, or not needing so
it,
Thus
for the
month
of
June there
is
°" '"'^"'^ ™''^'
a gain of
"'^'^
$3 840
'^'''^^
SV'^t'
fTthis appears as a gain in
!J.2,187,732 of
the net, the
m the one case being less than 12 per cent ratio
m the_ other over 21 per cent. For the half-year and
"^^
of mcrease
much having already
for improvements, renewals, additions,
spent
and betterments,
thus allowing of the carrying forward into the
net of a
greater proportion of the increase in gross.
To a certain
extent this inference is correct, and yet it is also
to be
noted that there has been quite a change in the amount
of
increase contributed by different roads and
groups of
Companies that were especially prominent in the
upward
movement
early in the year, are now less promin
result IS still more striking.
There the gain in the
gross ent, while others that had only small
or minor gains are
as fuU thirty-two million
dollars ($32,696,729) on
b^ty coming to the front with a very much larger
extent of inroads.
tlie
•
August
THE CHRONICLK
20, 1887. J
A good way to bring
229
out this change
is to arrnnm
Pacific, the Southern Pacific, an<l theOMiidUn Paeiflo,
bat
done below, (the particularly the first mentioned, which, aa against net in
number of roads includiid in each division being indicated June 18HG, of $602,7.51, had net of $1, 109,068 the present
by the figures in parenthesis), and compare the June pro- year. The Northern Pacific and the Oregon Navigation
portion of increase in each case with that for the half-year. on the other hand have not done so well, and lx)th report
crease.
the companies in groups or classes, as
is
AM) NET BjlBNINoa.
(iKOS.S
diminished net.
done bettor than
OrMi Harnifif.
rftt
Jun:
1887.
1886.
t
1887.
*
Trnnkllnea
(B)
lO.SW.WT
Middle We«terD(»)
).e<ll.B46
Northwestern ..;4)
4.8ei,7!«
Barnlnot.
1886.
(
3.998,384
8,663.064
l,431.f:00
468308
t
f8SI.42..
p7^
H8e.»!tl
43
12
1,796,860
I,R1»7.8«8
1,088,878
ni.oo*
-t-I84.8T2'
PMlfloSysfmsdl)
2,318.828
F.38s,4ae
7,648,988
3.608,887
2,983,068
+882.50.-.;
10
Southern
r'dii..(lS)
3.303,708
8,781,638
4.ssii,:oo
3,807.687
1,074338
l,88^0a«
886,418
604,616
+848.410
Coul coRipAnle0(5)
-H»<0.-12S'
80
98
639,6?1.
261.667
806,744
484.82:)
..(1)
717,882
381,283
874,764
I8e.8«4
78,718
+47,518
roada
35,861,886
38.021,638
W»t of
MI».'url(S)
Butem
eo'a....(ft)
Mcxloanrowl
Total,
Jan.
1 to
Trunk
Bfi
lines. ..(10)
M,8M,4tf
Middle Wost6rn(9)
Northwestern. .(B)
W'st of Mls«'url(3)
P«ciao8ysl'm«(U)
Southern r'd«..(13)
8,781,6«S'
82,415,980
8
-8,I66J
n
10396,880 +8,187.734
Improvement— the Canadian
is
the result simp!]'
and the Oregon
Pacific
Northern
Pacific, the
the Oregon Navigation, and the Southern Pacific,
On
ing losses.
Paciflc,
all
show
the Eastern roads the larger gains are-
chiefly ascribable to the relatively
heavy increase by the
month and
In the case of the coal roads, though the percentage of
gain is not so heavy as for the six months, it is yet very
28,668,169
+8.;nn,8H.i
tl
1,808348
9.981.036
4,030.W)1
+1.08«,«20
+1.54i,ll«
+1.H71.808
78
2S,0B7,4«S' 10,763,482
1.-J,124,37b| 10.288,849'
8,708,869
14.:t26.839
+ 1138.190
8,286.961
+1.878341
3.688.663
4.418.691
686.790
+3,847.828
+460,441
+461,824
68331388
+ 16,417377
28,028,731
43.800,368
38.807,856
14,»66,035
19.811,418
16,740,889
6,600,903
24,089,083
20.388,136
7,500,488
1!> .481,385'
18,30a,308|
4,876,188
2,318,693!
1,843.368
.
1,048,614
88,048,938'
17
41
4
26
108
in
79
M
the six months.
&
&
&
sl^nionths the same roads, together with Peoria Ueciitur
wvli,?,
ETansT. anil.J""
Evansv. &Indl»naiioli8.
*
*
^n'"07- Burlington Cedar Bap. * Northern*' ''O"'' and Ch.o. Mil. & i!t. Paul and for the sl.t months,
the
JllSS®.5,?^"'.*
•ame
roads, together wltn Mil. Lake Shore * Western.
Benver i lUo Grande. Deny. 4 Rio Grande Western
M?n'jri»!^^*i'/'L'';r.'''?''
'?'"'"°''!"'?
;
f^McL.TlTs'Fi^^^
''*
—
02 per cent.
The Reading of course is
mainly responsible for the exceptional degree of improvement, but the assumption that that company is the only
one having such a large ratio of gain is incorrect, for the
Northern Central has increased its net from $95,469 to
large in<leed
The
$209,519, or about 120 per cent.
A
Brie, the Cloreland Col. an.
Ind., tha Ohio
Miss., the
i-ennsyivan a. both Eaatprn and Western lines : and for the six mnnthithe
same roads, together with the N. V. CeLtrai. Lake Shore
Mich. to.. .Mlob.
Cent, and Canada So.. N. V. Chlo. * St. Louis and Bo8t<.n 4 Albany
«WdJ« n'atern-Tb» Chlc. St. Ix)hI» A Pitts.. Det. Bay City * Alpena. (;rand
nap. ft Ind., Cairo Vin.
C, Cleveland* Canton. Waba.^h east of Missis.sinpl
is?*"- J'?" 'i."'- * '^•"o- Marietta Col. i No. and Toledo Peoria * West-
Southern Paclflc roads and the Union Pac,
Northan
i£?'iffAVf"'^'^^?.
rac..
l^nadian Pac. Oregon Imp. Co. and Oregon Uy. A Nav. Co.
Soiifhfni Kood»-The Central of Georgia, Ches. A O.. Ches.
O. * 8. W.. Ella.
tnJi.f V n' 1°^'*""^? * Nash.. Nash. C. 4 St. Ix>m8. N( rfolk * Wcslern.
Shenandoah Valley. Fort Worth
* Denver
n.nOnrVS.
n^*-^i.'"''";''y''..*.".''','"'''^»'»"City, Cape
4
Fear 4 Vad. Valley 'and Kentucky Central.
<>«1 Conipaiiifs-The Phila. 4 Rpadlng lin.. P. 4R. Coal 4 Iron Co., BnlT. N.
Y.
Allenheny Valley, and for the six months the
iS".'.i 'I''''^*.'',? '^"".'fl.'""'
tame roads
together » 1th Buff. Itocli. 4 Pittsburg.
i£!Il"n ''<>r^l><"'J">~fi>eMi'mnTe 4 Potomac. N.V. Ontario 4 Western. West
if/J?^. .K?°"° * Atlantic and Koine Wa'. 4 Ogdensburg; and for the six
"£"1" '°?,'''- tOKotber wiih Del. Lack. 4 Western leased lines. L.ing
R?..
la a- 5'~''v
d, N.Y. 4 New England and N. V. Now
Haven 4 Hartford.
Stexican iSooda-The Mexican Central.
SmS
illustrating
will
Ifnion
gains lx)th for the
2,592.073
TrunA 7<(tiM-The
it
the
tl
NoTi.— Included under tlie bead of—
As
however, thi« lection haa
will appear when we
is
Rome Watertown & Ogdensburg, the West Jersey and the
M
Camden
& Atlantic. All the roads in this group exhibit
60
81,006,082
7,060,723'
Total, 67 roads M8,0»t,Tl8 il3.M7,a89
exhibit,
it
months, as
1
Jutu 30.
Coal conipanles(6)
Baat«rncu-9....(g)
Mexican road..a)
18,682,992
gains by
of largo
818,976
1,HIM.786
4,649,668
as
say that the increase for the half-year
/iic.»rr>
t
9.138.991
Even
in other
the generally favorable character of the
be noticed that there is not a single division
Buffalo
New York
&
Philadelphia has a slight loss for the half-year but a
gain for the month. On the Trunk Lines the Jane ratio
of increase
is
lower than that for the half-year, in part
because of the extra roads with heavy gains embraced
All the companies, however, in both
in the latter period.
show gains, the Lake Shore and the Pennsylvania
Western lines being particularly distinguished for their
favorable exhibits for the half-year.
For the month the
periods
Ohio & Mississippi reported a loss in the gross, but this
was changed into a gain in the net by a reduction in
expenses.
In the Middle Western section the returns are
all good, except that the Cleveland & Canton Has a loss in
best reports come from the Chicago
net for the month
;
Detroit
Grand Rapids & Indiana, the
Bay City & Alpena, the Wabash, the Peoria
Decatur
&
&
Louis
St.
Pittsburg, the
Evansville.
and the Evansville
&
Indianapolis.
that does not show an increase in both gross and net for Northwestern companies make a rather poor showing for
the half year, and only one that fails to show an increase in June, but a reduced com movement in great measure
Both the Burlington & Quincy
the net for June, namely, the Northwestern lines, and there explains the decline.
and the Burlington Cedar Rapids & Northern report
the change from last year is insignificant.
But it will be
observed— and this is the important fact that the coa] diminished net for the month, but for the half-year all the
Burlington
companies, the trunk lines, the middle western group, the roads show enlarged totals, and especially the
Denver
the
Missouri,
the
& Rio
West
of
roads west of the Missouri, all have smaller percentages of & Quincy.
is still very conspicuous for its large ratio of gain i
Grande
increase for June than for the six months.
On the other
hand, the Pacific roads, the Southern roads, and what are but the Atchison has only a moderate increase for the
termed the Eastern companies, have greatly enlarged their month, tliough a very heavy one for the half-year. The
Rio Grande Western has a loss for both periods. Down
percentages of gain.
Hence, though the improvement
Mexico the Mexican Central as heretofore shows
in
(taking the exhibit as a whole) is being well maintained,
improvement.
decided
the increase is
—
differently distributed,
of roads are responsible for
and
different bodies
WEEKLY RAILROAD
it.
"We have frequently called attention
showing made by the Southern roads as a
to the excellent
class, they report,
ing steady and continuous gains month by month.
But
for June they have done even better than heretofore,
the percentage of increase being 30 per cent, against
26
per
cent
for
the
half-year.
Only
the
li(
& Charleston and the Louisville New Orleans &
Texas show diminished net for the month, and only the
ditions
able
due
because of the
June
is
On
L.
&Chlo...
A Toxae P»o...
Alabama Great So
New Orleans A N. E..„
V'lcksliurgA -Mertrtlan..
VleksburgHlm-T. A Pao.
Clo. RIchmmiil A Ft, W..
Cincinnati Wash. A Bait.!
Cleveantl Akron ACol...|
to large expenditures for ad-
The showing is the more remarkdiminished movement of cotton the
I
1887.
1886.
«
9
2,536,995
3B.S19
48,671
2,218,79;
31,466
50,677
4.«..88H
34,8-.il
49,738
50,718
24,891
8,004
6,870
6,«8a
8,896
45,671
53.180
49,244
11,5117
A ('in. Midland
Den. A Rio Grande West
East T< nn. V«. A Ua
6.S59
21,000
81.224
48,793
Florida R^wa.v A^'iTv. co.
17,007
Col.
the Pacific roads, the better comparison
because of the improved results on the Union
Inrt. St.
Clu. N. O.
and betterments.
present year.
for
an.
for the half-year, the falling off in
that case being entirely
ueek of A ngutt.
Prevly rep'tod (32 roads)
Atlantic APaclflo
Biirlington C. R. A No...
Chicago it Eaat. Tllinola..
Mem
phis
Memphis & Charleston
BARtfiyQS.
For the first week the gain on sixty-nine roads reaches over
half a million dollars, or about Ui^ per cent.
17,523
6,907
6,542
e.810
8,233
43.50i'
l?,»8i
Inereate.
325,745
5,053
Dtertai*.
7,54S
2.006
10,977
3.442
1504
7,368
1.097
..••••«•
337
175
36)
2,169
I. OSS
8.315'
16,000
76,111
36.061
15,o39
.
1,4S6
5,000
8.113
12.732
1.368
..
.
THE CHRONICLR
230
1<(
week of Augiitl.
1887.
1886.
1«,57
52,314
343.878
46,175
61,570
41,475
30,740
4.312
42,886
21,823
31,680
30,083
18,397
28,470
14,910
155,000
37,968
10,383
9,199
5,220
8,400
49,135
329,120
51,988
56,442
38.860
26,017
3,183
42,454
18,254
21,189
4,062,027
3,559,640
Ft Worth & Denv. aty..
Grand Rapids Sc Ind
Grand Trunk of Canada..
Houston A Texas Cent.
.
Ind. Bloom. A Western..
Kansas City Fort 8. & G.
Kansas City Spr. & Mem.
Kan.sas C. Ciin. & Spr
iJike Kri(> & Western. ...
Louisv. Evau^v. &St, L..
Mempliis •& Cliarleston ..
Minnesota AXortUwest..
fit. Jo.<. <&
Bt. L. Alt.
Grand
& T.
Island..
H. (M.
L.)
Brauelies
Wabaith Western
WlgconBin Ceu tral
Chicago Wis. A Minn...
Minn. St. Croix & Wis..
Wisconsin & Minnesota.
Total (69 roads)
Wet Increase (14-11 p.o.)
7,171
20,150
27,206
13,701
113,000
23.744
3,737
4,153
2,961
Deerea»e.
Iiicreas 9.
8,177
3,179
14,758
5,913
5,128
2,615
4,723
1,129
A ugusl.
1887.
Boffalo Rooh. & Pittsn...
Cairo Vlncennes & Chic.
Canadian Paciflc
Chicago &, Atlantic
CbloagoMil & St. Paul..
Chicago & West Mich
Cln. Ind. St.
U
&Cl)lo....
Denver <&Klo Grande
Det. LansinK & Northei n.
Evansville & Indla'poUs.
Evansville AlerreH
& Pembroke
liOnK Island
LoulBviUc & Nashville.
Louisville N. Alb. & Chic.
Mexican Central
Milwaukee L. 8. & West
Milwaukee <t Northern.
N. Y. Ontaiio & Western
Norfolk & Western
Northern Pacillc
Peoria Dec. i Evansville.
8t. Louis Ark. & Texas...
St. Louis & San Vran
St. Paul & Duluth
Tol. Ann Arbor & No.Mich
Toledo & Ohio Central ...
Wabash Western
Wheeling & Lake Erie
Kingston
. .
.
-
Total (29 roads)
Net Increase (15-50
38,732
17,236
233,000
42,911
415,000
25.405
50,016
162,000
20,545
6,0 10
17,559
2,659
109,826
294,435
44,928
101,000
82,343
18,024
36,868
90.297
286.991
16,052
29,^84
13,624
197,(J00
32,365
407,709
27,886
8,053
42,000
14,214
6,646
5,046
2,259
5,721
21,982
2,812
107,445
283,175
42,328
58.071
56,966
12,63.'i
14,611
33,479
63,894
235,621
20,063
32,798
94,428
34,767
9,104
16,812
116,000
12,800
2,548,524
2,206,325
50,;i71
125,800
33,730
10,9ii4
21,161
180,000
p. ct.)
an
8.948
3,612
36,000
10,546
7,291
2,481
3,164
1,491
;
we
shall be in possession of reliable information
The Bank of England directors showed very little hesitation
weekly meeting in advancing the rate from 2 per centi
at which it was fixed on April 28, to 3 per cent.
Although
money
of late has been hardening in value, this action cannot
be attributed to that cause, as there has been plenty of capital
all home requirements, notwithstanding the
usual demand in connection with the harvest. The rise in
the Bank rate is in fact solely due to the export of gold to
New York and the doubt as to the efficacy of the proposed
remedial measures to relieve the monetary stringency in that
153
An
examination of the weekly Bank return shows
were amply justified in the change they have
that the directors
The loss in bullion is £773,177, of which £401,000 went
abroad, and as note circulation has increased £524,305, it follows that internal requirements must have been very heavy.
The actual loss in reserve is £1,297,482, and the proportion to
liabilities, which last week was 40-02 per cent, is now 38-18 per
per cent.
The private deposits held have been reduced
£1 ,454,099, showing a distinct curtailment of available balances.
The amount of the reserve is now £11,121,189, or £4,751,000
short of the total on April 28th last. The stock of bullion is
made.
2,381
11,260
2,600
42,929
25,377
5,389
3,389
26,403
31,370
4,011
17,573
3^1,372
'i",637
1,880
4,349
64,000
showing a reduction in the interim of £3,515,000.
Compared with a year ago the reserve shows a decrease of
£356,000 and the stock of bullion a decrease of £580,000,
Following the movement at the Bank of England the joint
•took banks have advanced their rates of allowance on deposits at notice ^£ per cent, giving 13^ per cent.
The discount establishments offer 1}4 per cent for money at call and
£20,964,534,
1,811
16,760
and other bills
Public deposits
Other deposits
drawals from the Bank of England on that account have certainly only seldom been necessary, but the demand for
gold
has been sufficiently strong io absorb nearly the whole of the
securities
Other securities
Keserve of notes and coin
Coin and bullion
Prop-n of reserve to liabilities.
and
this has occurred at a
time
when we
are
brought face to face with a drooping American Exchange and
have to calculate the probabilities of gold being taken for New
York. The market has thus been reduced to a more
sensitive
condition, and should the efflux of gold again commence
with
anythinglike strength, the Bank authorities would have
to con
eider the advisability of adopting further
protective measures
to prevent their position becoming insecure.
The tendency of gold to leave our shores is more
marked
now than was the case a short time ago, but notwithstanding
that, there is no permanent hardening of the
value of money;
the system of small profits and quick returns
enables us to do
larger
a
extent of business with a smaller amount
of capital
than was formerly possible, and money is not now
allowed to
main so long idle. No difficulty is experienced in
attracting
snppUes when money is really required, and good security
forth
coming, and that of course effectually militates
possibUity of the value of
A very limited period.
money being
13^
with notice, being a
if
rise of J^ per cent.
The following shows the position of the Bank of England
now and on April 28, when the rate was fixed at 3 per cent,
_,
.,
,
,
April 28,
1887.
_.
,,
Government
Bauk
money have been
more than
But whilemoneyjustnow is unquestionably
dearerthanit was
whether we have yet arrived at the period
when
the improvement in connection with the
closmg months of the
t IS doubtful
year has usually set in. Coin will be
temporarily absorbed bv
harvest operations, but the money thus
taken soon filters back
through various channels and its withdrawal
can produce only
a transient effect. The shipment of gold
to America is quiet
a.
25,593,345
3,169.041
19,291,791
11, 12'., 189
20,901.534
38-18 p. c.
3 p.
'*
'*
"
Aug.
'7o3*2''8+
4 75o'o53—
3'516'oi81 pi 0!+
Interest
m
i!9
i
•i
51
3
alloma
BilU.
Joint
1 2
8 u
15 2
—
12-72
c.
for Oevoiiti bv
Banh
IMU on
1
035+
as follows:
0pm market rates.
i
July
"
1,234
2,924'694—
904 502+
2 16' 811 +
2.'i.782.S9o
16..'i97,172
c.
+
Iticrease
or decrease.—
&
2 p.
rates for
i,
1887.
24,359,310
6,093,735
21,878.393
14,434,661
18,511,563
15,871,242
24,480,^52
50-90 p. 0.
rate
The
August
&
Circulation, excluding T-day
Wee.
Disc't
At 7fol4
Tour
Bix
Stock
Three
four
Ste
Months Months Months Montfc* Month, Montht Banks. Colt. Dan;
Three
1«S
- l%» - a a mm - 1?*® -
IH'HH
ik®i?6'i«'a
1»» -
m&
IMS IX mm
-
2
1«®2
2
®2H
l^i&lH 1«®2
9- lH»i
- ixa - i*r®2
- awa - 1H®2
H
H
2<4<Sl2]i
2
®2H
2
msH 2Hli2H
@2« 2M93
2
®2li 2J^®3
2
2M9 -I2«a - 2)<a - 2iiii2H'm&»
3
®3H
1
1
9i 1
H1
H1
IW
iH
-1
-1
-1
-1
-1
m-ia
The following return shows the position of the Bank of
England, the bank rate of discount, the price of consols, &o.,
ompared with the past three years:
against the
inflated for
be-
is
at their
[From our own correspondent.]
London, Saturday, August 6, 1887.
The feature of the week has been the hardening of the value
of money. This has not been brought about so much by an
expansion in the demand either for loans or discounts as by
the weakness of foreign exchanges. Apart from the recen
exceptional inquiry for gold for South America there has been
a steady drain in progress for some time past to Berlin. With-
fresh arrivals,
The quality
respecting the probable extent of the yield.
lieved to be excellent.
centre.
4,423
358,959
342,199
the leading departmeMts of industry dealings during
available for
20,160
"319
all
week have been very restricted in fact the past week has
been more than ever of a holiday character and the tone of the
markets may be said to have been practically unchanged
Attention just now is mainly directed to the harvest, which
promises to turn out quite as well as was expected. In a few
days' time
29,367
Deeriase.
53,1 HO
141,840
22,036
—
In
1,264
1,209
Increase.
1886.
another matter. The power of the United States to absorb
the metal is too great to be lightly esteemed, and although the
time has not yet arrived for any large sums to be taken from
us for that quarter— grain and cotton bills not yet coming forward freely the movement may be sufficient to cause some
monetary unsettlement. However, there is nothing in the
financial situation likely to influence the course of legitimate
the
For the second week of August twenty-nine roads report
increase in earnings over 1886 of 15J^ per cent.
2(J If eeft 0/
XLV.
trade.
432
3,S69
10,491
22,914
531,751
502,387
[Vol.
ClrcQlatlon,
other
excluding 7-da7 and
bills....
1887.
1886.
I88S.
£
£
£
25,598.346
3,1»B,041
25.807.70n
25,711,020
3.837.391
Other deposits
25,782,803
24,704.506
4.873,208
32,194,19»
Gk)Temment
16,697.472
14.840.3.5.')
17,608,863
19.2«4,79I
19,8ol,4«4
21,544.870
^blio deposits
,
securities
Other securities
Reserve of notes and ooin.
Coin and bullion
Reserre to liabilities
Bank rate
Consols
^learinsr-House return
.
,
,
,
1884.
i
26,660,845
5,343,787
26,123,588
13,577,763
22,267,873
11,121,189
11,487,824
15,833,075
12,7J8.664
20,964,534
38-18 p. 0.
21,645,524
25.844,C95
23.669,509
0.
iUHv.e.
2d. 0.
3 P.O.
lOlJfid.
405i p.
2WP.C.
lOlJi
117.254.000 i2o.fin3 no<
99«
41^
p.o'
8 P.O.
T-om
iM.a.iflonn fl7.«M•^.oo J
L
—
:
AcausT
THE (^RONICLE.
20. 1887.J
The bank
and open market
rate of discount
now and
chief Continental cities
July
B.
July i».
»9.
working rosourcos to be £120,786,409. The flcponit and curron
wooks accounts amount to £99,074,867, Iwlng £4,131,3^2 increast- on
the previous half-year. The net profits artt £»W,091— wpwl to
rates at the
for the previous tlu-oe
have been us follows:
Auo.
14-13 iwr cent per annum on tlio paiil-up capital— £24,035 im
excess of the proflls of the preceding six montlis. Tlio average
JuJv IV
Bat4$or
Bank
IlaU.
ruii
Berlin
rnnkfurt........
HambarK
Amitorilun^...
aw
~8
"~8
~r
a
B
Bank Optn Bank
BaU. Hurkn RnU.
open
Market
m
IM
3
»H
8H
8M
8«
4
Madrid
Tt«nDA
Bt. Petenbore..
B
4
4
B
CktMnhasaii....
s
8
m
Bank
Oym
/)a(4.
M<irk«t
3
8
IM
IM
«H
Ki
8
3
IM
SM
8M
4
4
4
3M
4
B
8
8X
B
8
& Abell write
Messrs. Pixley
UmUt
8
3
8
IM
8
8
>M
IM
«M
8W
8)4
3H
SM
4
4
4
B
B
8
8
B
8
8)4
as follows on the state of the
bullion market.
Gold.— The movpmenU of
(told at tlin Bank of Kngland are as follow?
bonalit, J85.0OO. Of the auiount aulil. £101,000 boa
been taken for New York, and the balance for Biieuoa Ayrea.
There has been a gocd denmnd In the open market. The Bank rate
which liaa lemained at 2 per ont xluce the S8ih April, was raised to-day
to 3 per cent. I-'iirlhcr withiliawais of sold are Improbable. The arrivals nre: £.t!>.' 00 from Brazil. X.'i.OOO from the Eaat and £16,000
from China; tutu', £70,< 00. The Pretoria takes £100,000 to the
Cape, and the Hydiispes JS17..''00 to India.
SllTcr has been aciiree. and dnrinx the week some transactions have
taken place at 44>4d. This quotation remalna In force to-day. £30,000
has arrived from New York. The Peninsula and Oriental steamer takes
£"2,500 to India.
Mexican Dollars hare been to-day Hxed at 43>id. Aboat £IS,0I>0 has
arrived from Vera Cruz.
Sow. *15P.C100;
,
The quotations for bullion on August 4 and on July 28 are
reported as follows:
GOLD.
lumOon Standard.
Awi.i.
d.
1.
Bar Eold, Una., oi. 77 9
Bar gold, oontatn'R
BOdwts. BllTer.OB. 77 10
J«(i>
•.
77
«s.-
SIIiVBR.
London Standard,
Ait*}. 4.
Juli/ 88.
d.
d.
BarallTer
oi. 4t)4
Bar llTer,oontaln8
KOld.os.
InR Kra.
44»|i
8
77 10
Oaka ailTsr
oi.
Mszloan dola...oi.
Bvan. doubloons.oi.
B.Ain.doiiblonni«.ni.
231
47 II-IS
d.
44M
44 1-16
47 11-ie
43M
^K.
yield to investors at prt'seiit prit^es
is
£.'>
2».
Am
4d. |>or rent.
compared with the Imlf-yonr ending June 1877, 10 years ago,
these ten lianks show an increase in their sutmcrilied capitals
of £2."i,0r)0,000-£22,905,000 in unpaid capititl and £2,745,000
in capital paid up— the working resources are £10,773,528
more. The total assets have increased £10,823,280 and the
half-year's profits £203,100.
The return of the Cleveland Iron Ma-stcrs' Association for
July shows an increase in stocks of 9,570 tons. It would appear from this that the home demand for iron has slackened
as exports have been well kept up, those for July being 2,077
tons in excess of June. The total nu'nber of furnaces in bias
was 94, or 1 less than in June, the numtter in Cleveland pig
being 52 against 50. The total stocks of pig iron at the end of
July were 624,513 tons.
The grain trade has l)een in a state of extreme qnietness.
Business has been in a measure checked by the holidays, bat
the chief cause for the contraction of dealings has been the
natural disinclination of millers to operate until the new grain
oomes forward in sufficient quantities to justify a fair estimate
being entertained of the actual yield. With the present excellent weather for securing the crops, only a short time can
elapse before a good selection of samples will be shown in all
the leading markets, and it is not therefore surprising that
buyers just now should be holding back. The little business
which has been done in old wheat has mostly been arranged
on a basis of a reduction of 6d. per qr. from last week's currency. Notwithstanding the harvest prospect, the decline in
the value of wheat during the past two months has been only
about Is. per (jr. For the week ended June 11, the average
price was 35s. 4d. per qr. and for the week ended July 30, 34s'
3d. per qr. and it cannot be maintained that holders are eager
Forced sales of the new crop may be
to sell at current rates.
made by needy sellers, thus causing some depression, but the
market just now is not without some show of steadiness so
much so that a permanent lowering of rates is not calculated
upon.
The stock of wheat at Liverpool is estimated at 4,917,184 cenThe stock
tals, against 2,927,094 centals at this time last year.
consists mainly of white wheat of fine quality. The stock
,
Annexed
of the principal railway dividends of those
companies which make up their accounts to the end of the
half-year. It will be observed that twelve of the fifteen com-
a
is
list
—
panies have increased their rate of distribution this year.
Fint Ba If-Tear.
Inereate
1887.
Per Cent.
1
Lanoaflhii'c
LoikIuii
A
Yorhshire .................
Chatham & DoTer, 4^3 per cent
Arbitral iop, i>ref
..............
.,...
tfe Smith Western
Manchester Sheffield &LiucolQ8hlre
Loiirlou
1886.
Per Cent. Percent
4^
Great Western.......
3
3
i"
2^
2>s
2
6
fia
3>«
3«i
>s
8-
3lg
3I4
North Rtaffoidshire
South Eastern
*
Including
1
H
^
%
^
I4
Nil.
4
4
North Eastern
41a
3^^
l""
H
H
H
314
Tlie tenders for the Indian 4 per cent rupee loan received in
India for two crores amounted to 4J^ crores. Tenders at 973^
per cent receive 52 per cent. The average price obtained
which
is
Nitrate
Company
issued this week,
(Limited), the prospectus of
formed with a capital of £160,000
is
money being £137,500, including £.53,320
in fuUy-paid ordinary
and preference shares.
The capital creations for the week have been as below, the
total issues footing up £841 ,895.
LOCAL.
A
Tilbury Lighterage Co. (Limited), £10 shares, o»pl£50,000
tal £150,000, second l.ssne of
300,000
Hull Corp iration 3>^ stock, second Issue, minimum £100
30,000
prnf.
shares..
(Limited)
7
c.
£10
•Robert Dempster A: Sous
p.
70,000
•Roheit Diuipnter * Hons (Limited) £10 ordinary shares
fO.OOO
•British Ouauo C«. (Limited) £2 shares.
91,8»5
J. Lewis Mil'iS it Co. (Limited) uiw isfue £5 shares
If-sue.'i.OOO
*
To
A
ncposxs.
,
Beans
Indian oorn....
Ploor
ordinary
CXi.
£10 shares
(Limited),
1
1,000 10 per cent pref. shares
90,000
„ „..
.? '2x2
110,000
aciiulre existing business.
comparative analysis of the balance sheets of the ten
principal London banks for the past half-year shows their
1884-85
63.131,753
1885-86.
1886-97.
,.OWt. 49,119,303
Vtaeat...
1!\.398.699
43.6!19,3fi3
9.6'>5,9T2
12.780.20S
9.S5J.304
2,3C.'i.8ijl
!.9ia.:<60
2,416,028
23,239,174
15,705,736
2''.«36,6i»2
15.96J, (89
11.90 •,Jia
1,839,435
1 883-84.
„
.n4.9C6,60„
11.487,011;
8.059.7 ti
1,181.04,
3,3rt3,l01
l,637,10j
2^,790.S42 13.205,5lX
10,246,14''
1S,668,0J0
13.272,321
2.8.'S9.2.53
Supplies available for consumption (exclusive of stocks on
1):
1884-85.
1889-86.
1886 87.
Imports of wheat.owt.49. 419, 303 45.699.383 53.131.753
13.27i.321 15,(168,000
15.70.'>,,73 (i
Imports of Hour
Sules ot home-grown. .30,540, 135 39,397,211 3d,.^7,^,621
Total.
Aver, price wheat
A.ver. price
wheat
Snclluli
1888-84.
31,968.600
10,246,7(3
38.395,686
95,665,174 98,368,^98 107,375.374 83,6)8.439
1881-85.
1883-84.
1S86-87. 1885-36.
week. 348. 3d. 32s. Od. 34s. Id. 37s. 61.
season. 33s.
30s.
Id.
9d.
2d.
Sis.
S9s.
6d.
Flnaoelal market*— Par 4}a»la.
The daily closing quotations for securities, «c., at London
a'e reported by cable as follows for the week ending Aug.
19.
Bat.
XiOiuton.
riMf.
Jfon.
Wed. iThMre.
Fri.
4t%
44ls
44»i«
447,,
44»i«
loi'j*
lOl'is 101»,« lOK.s 10lt»M I0i»„
Consols formoney
101»|.
onsols for aoeonnt..... lOl'is 101°B 101 'is 10 I'M>«
8100 81-62 8l-8-% 81-70
Fr'oh renteB(ln Paris) ft 81-5U
111% 1103«
113
Ill's
'xll2»« 112
U. 8. 4>«sof 1891130>3
130%
131
'1SC%
131%
131^
a. 8. 4b of 1907
5-'%
as>4
58«»
5»>s
98>8
67^4
"'anadlan Paolflo
8t«%
86%
86%
86WI
85%
84\
Cblo. MIL ABt. Panl.
32%
32%
31 's
88%
3'i%
Siais
•^rle, common stock....
Silver,
COI-OMAL.
Blngera Diamond Fields (Limited) New South Wales £1 shares
roRKIGN. •
'London Nitrate Co. (Limited), capital $180,000; present
•London Nitrate
United Kingdom during the 48 weeks of the season and other
items compared with last season:
September
to acquire and work the nitrate grounds of Puntunchara and
San Antonio in the province of Tarapaca, Chili, the purchase
*I<ordon
is 122,113 sacks, against 164,290 sacks, and of maize
649,363 centals, against 419,408 centals.
The following shows the imports of cereal produce into the
of flour
Barley
Oats
Peas
per cent from reserve.
was 97 7-16.
The London
,
per OS...
d.
I
44>fl
,
I
Ulnols Centrml
'Pennsylvania...
123%
57 %
57'*
"hUadelphlxk Reading
2'<!%
28%
112>s
112>
K.v Vn^r»nrT-.l
134
123%
•
I
57%
29%
1113%
128%
124
57%
39%
11»%
39
57%
133%
»7%
29%
11.1
:
.
:
THE CHRONICLE.
232
XLV,
l^VOL.
NEW
BXPOBTS FROM
CUSTOMS BECEIPTS.
TOKK.
At New Yorh.
Total Merchandise.
Month.
National B ANKS.—The folio mng banks have recently been
1887.
1888.
January
February
11,792.309
10,925,448
13.096,217
11,799,732
March
14,200,7S2
11,420,147
12,600,233
April
May
10,947,839
9,021,800
11,816.238
11,879,019
12,814,847
12,(165,425
86,088,17
79,165,843
1886.
1887.
organized
t
Bank of Miultson, Nebraska. Cipital, $30,Wohlford, President; Peter Euboadall.Castiier.
3,774_Tlie First National Bank of H-<ppner, 0,e«on Capital, $50,003.
C. A. Rhea, President: J. G. Maddock, Casliierj
Jannary....
February...
IHPOBTS AND EXPORTS FOE THK WEEK.—The imports of last
week, compared with those of the preceding week, show an
increase in both dry goods and general merchandise. Th®
total imports were $10,193,183, against |9,164,776 the preceding week and $10,086,397 two weeks previous. The exports
for the week ended Aug. 16 amounted to $6,769,434, against
$5,686,588 last week and $7,340,037 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Augmt 11, and for the week ending (for general merchandise) Aug. 13 also, totals since the beginning of
the first week in Januarr
May
3
,
773—The
First Nationa'
AW.
OJO.
;
:
rOBBIoa IMPORTS AT
DryOoodB
CMn'lmer'dlse..
$2,841,413
4,702,854
$2,431,531
5,0J0,370
$2,731,026
5,241,064
*3,H5.997
$7,514,267
$7,481,901
$7,972,090
$19,192,183
23,723,616
22,294,833 22,314,321
a8,365,16o! 23,204,081
March
April
23,207,983] 24,598,455
23,778,711 26,268,431
Jane
25,62 !,035
27 891,591
July
29,3P5,330
June
29,734,911
Jaly
fc..
I
10,434,186
j
Total
>.
Total
175.635,683 179,237,166
1
United States Sub-Treasury.—The following table shows
the receipts and payments at the Sub-Treasary in this city, as
veil as the balances in the same, for each day of the past week
Balances.
DaU.
"
151
"
16
"
17
18
19
Total
Paymentt.
Receipts.
Aug. 13
"
"
1387
1886.
1885.
1884.
rorWeek.
NBW TOBS.
24,476,387
$
$
971,933 134 437,535
1,142,910
1,915,548
1,607,561
1,341,623
1,301,907
911,119
1,891,922 134.664,772
1,393 461 134,799,629
l!M7,46i 134,811,893
1,230,410 131,616.362
4,29^,634 134,619,867
Oerl't.\
Ourreney.
J
3U,585
13,193,319
13,145,177
13,19 2,539
12,931,910
13,223,827
9 8 57,4 >9
263,695
292,568
,313,070
343,203
,397,557
11,310,830.
8,283,670
..I
\Ooln
Coin.
7,006,188
—
Mexican National. The contract for building this road
from San Luis Potosi to Saltillo, Mexico, has been awarded.
BinceJan. 1.
The work begins immediately, and is to be completed within
$74,070,922 $61,043,360 $72,184,003 $76,558,998
DryOoods
year. The contract for 114 miles of the Southern division
Gen'lmer'dlse.. 197,621,949 172,069,651 195,123,668 215,296,503 one
of the main line o! this road will be let at the City of Mexico,
Total 32 weeks. $271,692,871 $233,113,014l$267,307,e71 $291,855,501 August 23.
Toledo Peoria & Western. This company has applied to
In our report of the dry goods trade will be found the imthe New York 8:ock E.'cchange to have $5,000,000 4 per cent
ports of dry goods for one week later.
The following is a statement of the exports (exclusive of first mortgage bonds and $4,500,000 common stock placed on
the list.
Bpacie) from the port of New York to foreign ports for the
week ending August 16, 1887, and from January 1 to date:
Attenti )n is called to the card of Messrs. H. B. Morehead
& Co., Cincinnati, Oiiio, on the first page of th^ Chronicle
XPOBT8 rBOM NBW TOBS FOB THB WBBK.
to day. The scope of the firm's business embraces all dealings
in stocks and bonds, and also in commercial paper. They
1884.
1885.
1386.
1887.
Total
—
—
For the week...
Prev.reported..
invite the correspondence of
$7,233,518
185,929,836
$7,294,978
195,585,238
$5,549,616
185,441,131
$6,769,431
181,312,538
Total 32 weeks. $203,163,354 $202,880,216 $190,990,777 $188,111,972
The following table shows the exports and imports of specie
at the port of New York for the weekending Aug. 13, and
since January 1, 1887, and for the corresponding periods
1S86 and 1885:
m
XFOBTS AMD OfPOBTS OF
RPBOIB AT
MBW
parties having orders in their
line.
—
The Homestake Mining Co. announces its usual dividend
of $J5,000, for July, payable at the transfer agency, Messrs.
Lounsb?ry
Co., Mills Building.
&
—
Auction Sales. Tha following were sold
auction by Messrs. Airiaa H. Muller & S m
65
OoUi
Wetk.
Bieat Britain
Since Jan.l.
Glermany
West Indies
Mexico
Bonth America
7",206
$120,253
17,857
968,101
2,350,217
46",6l2
2,266',iV4
All otheroonntrlea. ..
12,000
$.S9,543
$30,331
........
France.... ...........
Week.
$
$2,177,704
1,516,815
2,'i73,038
2,283
466,739
2'3J7
17,715
1,745,234
9,962
179,191
121,966
$6,183,281
36,935,632
6,328,763
$881,141
66,573
161,564
$8,023,960
3,287,963
6,039,816
$164,351 $5,457,421
61,500
702,773
2,000
118,640
143,055
3,800
21,358
50,305
35,219
$373
$211,665
19,500
8,600
Silver.
ChTMt Britain
France........ .......
Sermanv
West Indies
Mexico..
Bonth America
All other coon tries
. .
Total 1887
Total 1886
Total 1885
$231,651
180,215
541,922
16,528,771
6,586,214
11,183,388
Insurance Co
1,379
148,715
334,602
69,73 >J
199,649
364,636
"so;
15,100
963
31,720
$19,263 $1,380,455
33,529
1,006,579
74,930
1,219,733
addition to the foregoing tables,
made up from weekly
the total imports of merchandise.
JfonUk.
Dry
Ooodi.
I
returns,
issued
j
1887.
1886.
General
Oenerol
Merchan'
Jotol.
Ooodi.
dtoe.
»
Jannary...
Febmary
.
1
»
»
FOE
INVESTORS.
AU stocks and bonds listed on the New York Stock Esohaage boagM
and sold on commission for cash.
Deposit accounts received and Interest allowed on monthly balanoM
subject to draft at sight.
RARVSY
28
9.531,882, 81,391,648; 41.023,530:
AprU
8,a8'!,991
M»T
7,80e,8«8: 30.013,836
Jnne
6,889.B96J 31,355.197
J«lT
Total.
20,118.608
Herchtm-
Ibtol.
9,410,164| g3,388,7S5| 3!,79»,899
12.070.425
12,816,725
41,U»,8B4'
8,566,3S0|
87,620,499
7,689,337|
41,0H,892'
6,881.171:
36,717,688 _9,330,766
J0.&99,0«0
70.774.«62!201,5U7.H6 272.281.817
FISK
Nassau Srasar,
ORISWOLD
<fc
&
New
SONS,
York.
OILLiETT,
No. 3 l¥all Street,
New York.
28.621,318
26,361,481
38.691,741
28,613,389
37,179,719
81,775,653
32,484990
29.228,6X9
38,110,190
27,868,768
37.109,524
6e,765.30S, 186.^.941!
DEALERS IN
INVESTMENT SECURITIES.
N. Y.,
GAS
GRAWFORDSVILLE,
II
March
Ifla^aclal.
SECURITIES
SARATOGA,
(tiw.
11,159,704] 88,748,188 34,907.8»2|
l6,799,66Jj 23.022,77!i! 39,822,442
82,858,900
covers
KEW TOBK.
Dry
mid
Statement.—In
we give the following figures for the fuU month?, also
by our New York Custom House. The first statement
IMPOBT8 INTO
75
United States Government and other deairaWe
coin.
New York—Monthly
241
55 Eigl-) lusuranee C)
10 Slerliug Fire liis. Co
141
la;ttMttg
Of the above imports for the wees in 1887 $3,441 were
American gold coin and $734 American silver coin. Of the
exports during the sime time $59,813 were American gold
F9REIGN Tbadb of
135
LUbt Co
Si7ieeJan.\.
8oB",8b6
T»tal 1887
Total 1886
Total 18 36
Home
Mauluipal Gas
CO Fulton
102i4»101
Importi
XxporiM.
week at
Shares.
snares.
26 Columbia Bivnk
101
180 Brookljin Ga3 Light Co.
TOBB.
this
:
39,181,189
oiilemHa
Sc
ELBCXtCIO LIGHT
CO., &»,
W^ATEB \t'ORKS CO., 6a.
HELENA ic RED mOCNTAIN, 6s (No. Pac. guarantee).
JBR9EY CITY, registered, Sa,
CITY OF O.TI&HA, NEBRASK.%, 6a.
TOWN OF SILINA,
4s.
IND.,
r0!l
SALE BY
COFFIS & STANTON, Bankers,
10, 11, l-i
BBd 13 Msrtirner Building. Wall Street, N.
W
::
August
:
:
;
THE CHRONICLE
20, 1887.]
233
York
~""d 1 V I D E N D 8
The
followlnjc iUvldon;l«
Name
I
have reomuly been announoed
of Company.
Per
W^en
Sooki Ototed,
Cent.
Payable,
[Day inclutite.)
at the under-mentioned cities to-day: Havannab, barioK
par; selling i®i jircmium; Cliarleston buying jiar; xcniDg
cllin
i®i premium; New Orleans, commercial, 50c. prcinium;
bank, f 1 50 premium; St. LouU, 00®7.'}c. discount; Chicago,
SOc. discount.
The rates of leading bankers are as follows:
Awgiul
DtmatKl.
atxiy Day$.
10.
Railroads.
Cliloaso Burl.
i.t
(.Jiiluoy (qiiar.)...
EasUru inv<. (Mass.)
nilacellaneou*.
TkU was
Sept.
3
Bept
«2
Adaing Kxine«8(i|ii«r.)
*
3
Prime bankers'
nterling
Priaie ooinmerolikl
Aug. 16 to
Aug. 14 to Sept.
Sept.
STKEET, FRIDAY,
on Tjonlon.
4 S2
Doonmentwy commercial
4 70\«4 40
4 7i**mi 7i4>a
rarts
ft
(ffiinoB)
Fraiikrort or
1887-3 P. I»I.
The Money Market and Financial Situation.— The reports
Auar. IB,
of railroad earnings, expenses and charges for the expired portion of the current year are in some cases remarl^ably lar/^e.
One of these reported this week which is particularly striking
Pittsburg (formerly the wellis the Chicago St. Louis
known CoL Chic. & Ind. Central), showing a surplus of
|105,S30 over all charges for the seven months to July 31,
against a deficit of ^434, .526 in 1888, a net improvement this
Western had
year of #530,047. The Milwaukee Lake Shore
net earnings of |369,879 over fixed charges for the half-year,
against $189, 7C9 in 1886; the Nickle-jUate had gross earnings
for the quarter ending June 30 of 1948,968, against 1784,672
It appears that railroad earnings so far this year, inlast year.
cluding the gross earnings reported since July 1, have been
eminently satisfactory, and it is scarcely to be expected that
there will be a similui increase during the balance of the current year, as the traffic was excellent in the last half of 1880,
&
&
if the roads make only the same earnings that they did
then they will be doing very well.
This week there has been nothing to attract any special attention at the Exchanges, and the volume of business is small,
39
24%
aft
Coins.—The following are quotations in gold
$4 83
Kapoleoni
3 87
XXRoiolimarks.. 4 74
3 96
X Gnllder.4
9 33i«aS32it
39is,«*40
94k»»4%
Bremen (reichmarks)
Sovereigns
4Sfi
3PS|«30I>,«
Aiustcnlam (KUlldem).
erroncoiuly stated aa 3 per cent lait week.
WALL
lillls
88
®H
9 3 91
®
«
4
Sliver
for
Us and Ha.
Flvofranoa
Mexican dollars..
Do uncommerc'l
Peruvian sola
7i)
4 00
94'|9»4%
ranotu coins
— 99Si9 —
—03 » —
- 75i*» —
— 73% a —
—7d » —
....
95
70%
76
74
Span'b I)oublooQB.15 fiS ®15 70
Mex. Di>abloonB..19 59 «19 69 EnxUah silver.... 4 80 a 4 89
par ^Viprem UTS. tradedolUra -09%a 100
Fine gold bars
97 >4 U. 8. aUver dollars
99 \ 9 1 00
OO"*®
Fine sliver bars...
99>«® par.
Dimes it Ja dimes.
United states Bonds.— Government lionds have been quite
dull at the Board, and_ prices declined sharply on Thursday,
especially for the 4l8, as a result of the Treasury operations.
Considerable interest has' been manifested in these purchases,
and they have been used to influence the stock market. The
offers to the Secretary were quite numerous, and amounted to
over $8,000,000 at prices ranging from 109 44 to 110^. Only
Sons rt
$2,500,000 were accepted from Messrs. Harvey Fisk
the minimum offer, 109-44.
The closing prices at the N. Y. Board have been as follows:
—
—
—
I
—
&
and
The result of the sales of
as usual at this season of the year.
to the Secretary of the Treasury is generally
looked uj)on as being quite successful. lie took $2,500,000
Iwnds (which is at the rate of $10,000,000 per month), and at
the same time he has shown that it was not his purpose to make
the U. S. Treasury the ready dupe of parties who had accumulated bonds to sell to the Government at 2 or 3 points above
In all probability the bonds will be
the former market price.
offered closer to the market next time, and his takings may
then be much larger.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 3 to 7 per cent.
per cent.
Prime commercial paper
To-day the rates were
is quoted at 6®6i per cent.
Government bonds
\lnteretl
Aug.
Aug.
Period!
13.
15.
4I38. 1891.
reg
coup.
4>a8. 1891
reg.
4s, 1907...
coup.
48, 1907..
6s, cur'cy, '95.... reg.
68, cur'cy, '96....reK.
6a, cur'cy, •97. ...reg.
68, cur'cy, '98. ...reg.
68, cur'cy. •99. . . .reg.
,
• Tills is
I
Q.-Mar. 108''8 108%
u.-Mar. "lOO^ •109'e
Q -Jan. * 12739 I2714
O.-Jan. ,*127>4 *127'4
•132
J. * J. "122
124
J. * J. *124
1'27
.1. & J. *127
•131
J. & 3.-131
J.
A
J.i'l32
1*132
Aug.
16.
^iT
Ava.
Aug.
18.
19:
•108% '108% 107%
log's '10979 •108'e
127
127
126%
127 •126''s 126%
•122 ri2i •1!2
•124
•127
•131
•132
'124
M27
'131
•132
the price bid at the morulas board ; no sale w.ts
lU
•1J7
•131
132
1
!
•IO7I4
•1081*
1261*
*126>«
•12t>t
•123 <«
'12ei«
•ISO's
131%
m tde.
State and Railroad Bonds.—In the State bond market
Louisiana consolidated 4s have shown some activity during the
week, and Virginia Os deferred had a little spell of activity at
one time; but outside of these, State bonds have been rather duU.
Prices are not materially changed.
4@6
The business in railroad bonds has been quite restricted, the
market ruling dull all the week, in sympathy with stocks.
The Bank of England weekly statement on Thursday showed There has been no active speculation, and the demand from all
a gain in specie of £41,000, and the percentage of reserve to sources has continued light and unimportant.
No class has
liabilities was 41 '47, against 40'54 last week; the discount been conspicuous for special activity, the whole list remaining
The Bank of France in an inanimate state. The course of prices has also been
rate remains unchanged at 3 per cent.
gained 4,700,000 francs in gold and 4,025,000 francs in silver.
somewhat affected by the fluctuations in the stock market, and
The New York Clearing House banks in their statement of has been rather irregular, though the changes have been slight
Augvist 13 .showed a decrease in surplus reserve of $3,188,925, as a rule, and the general tendency has been toward a higher
the total surplus being $4,733,625, against $6,932,550 the pre- range of values. At the same time no advance of importance
vious week.
has taken place, and Fort Worth & Denver City Ists declined on
The following table shows the changes from the previous Thursday, accompanied by slight weakness in a few others.
week and a comparison with the two preceding years in the
Railroad and Miscellaneous Stocks.— The week covered
averages of the New York Clearing House banks
by this review opened on Saturday last, the 13th, with a strong
stock market, and there was a general advance throughout the
1886.
1885.
1887.
Diffr'nc's fr'm
A Uffutl 13. Pirev. Week. Aiiguat 14. August IS. list. There was little resistance to the advance, and in some of
the leading shares, notably New England and St. Paul, the
Loans and
dlsc'te.
Specie
,
Chculatlon
Net deposits
Legal tenders
Legal reserve
Reserve lield
,352,925.800 Doc. 3, 211,700 355, 075.100 314,940,000
70.354.100 Dec. 3, 019,500 65, .369,100 114,611,600
<).64rt.o00
4,700
3.087.OO0 Dec.
7, 90). 000
3D .',743.900 Dec.6, 477,500 369. 263.900, 388,239,300
22,565,500 Dec. 188,800 il4. 139,100 4.',004,100
S8, 185.975 Dec.l, 619,375i
,315,97.,528,'iOO
92,919,600 Dec.3, .808,300
4,733,625 Deo.2,188,925l
Sorplus.
97.059.825
156,015,700
7,212,2231 59,555,975
—
Sterling exchange has been moderately active
during the past week and the tone of rates has been
rather irregular, the influences having been somewhat varying.
In the early part of the week rates hardened owing to an increased demand and a diminished supply of commercial and
Exchange.
at times
bills. The rate for short sterling was specially strong,
and drawers advanced their posted rate for this class ^c. on
Monday. This was followed by a slightly easier tone, when
the demand fell off, though there was again an increa.scd inquiry in anticipation of an advance in the Bank of Englimd
rate, which, however, was not made.
Posted rates to- day are
4 82 and 4 85. $850,000 gold has arrived from abroad, and a
further large amount nearly $3,000,000—has been ordered
from London and the Continent.
To-day the rates on actual business were as follows, viz.
Bankers' 60 days' sterling, 4 81@4 81i; demand, 4 84
@4 84*. Cables, 4 84J@4 84i. Commercial bills were
4 79i Continental bills were Francs, 5 25|@5 26i and 5 32^
bankers'
—
The market relapsed into dultransactions were quite active.
ness on Monday, however, and has remained in a dull and inanimate condition ever since.. The advance was generally maintained most of the week, without any further change of
importance, and the tone remained steady to strong, with only
temporary reactions, until Thursday, when a decline wa»
brought about by the bears, nominally on account of the small
proportion of bonds accepted by the Secretary of the Treasury.
As explained last week, this has no immediate bearing on the
stock market, but the prospect of larger acceptances had been
made an excuse for maintaining prices, and a disapjwintment
was felt at the result. The decline was not accompanied by
active sales, however, the market being dull and lifeless.
There are no new features. Business is still confined very
largely to local traders, and little interest is shown in speculation.
Not much has been heard of the drought reports this
week, needed rains having fallen in the Northwest, and other
The Grangers were confeatures remain generally favorable.
spicuous for strength inthe early part of the week, especi^ly
St.
Paul, which was quite active at times.
New England
has
guilders, 39 13
16®
been prominent and has fluctuated considerably. ^^ /?** 0°
Saturday from 45} to 48, subsequently touched 48^. and fell O"
Fadflc
to 45 on Thursday, leading the decline on that day.
Mail also had a sharp fall on Thursday, owing to a movement
steamers.
to reduce the stock one half and purcha.se two new
The stock had been previously bulletl somewhat on the prosThere are no other
pect of a resumption of dividends.
39J and 404@40i.
The following were the rates of domestic exchange on
New
having been
;
@5
23i; reichmarks, 94 3
:
16@94|and 94};
stocks
features of special importance, fluctuations in amajonty of
weak..
slight, and the market closes to-day dull and
.
6
...
THE CHRONICLE.
234
STOCKS-PRICES AT
N. T.
STOCK EXCHANGE FOR WEEK
HIGHEST AND LOWEST
STOCKS.
Aug.
Aug. 13.
RR.
Active
Stock*.
& Pacific
Atlantic
I214
Canadian
Paultlc
Soiitliern
Canada
Central of New Jersey
Central Paciflc
I214!
"si •si
76>*
"Ks'ai
36%
3d3i
I214
'56
15.
I2I3'
56I3
56
55
76 14 76^8
37
38
77
*6
Clie8aDcake& Obio
no
1216
56I4
55>a
12%
1218
•56
76% 77I4
37% 38%
6I2
71a
fcifl
1st pret.
2d pref
14
Chicago St. Louis <k Pittsburg.
Do
Chicago
*^
P"^®'-
Paul
St.
48i4
Min.&Om..
Do
pref.t
i'^'is'
48%
43
48I3
43
48%
4113
4lia
48%
4!) 5s
5414
48°8
54I3
24''>8
2578
132I4 13118
24'8 25 14
24%
24
24isi
Delaware Lackawanna AWest 131 131% 131% 131% 131%
•2714
28
27
*2ii%
pdj
271s
assessm't
Denver <fe Kio Q.,
East Tennessee Va.
&
Do
Do
61
12
*ao
pref.
Ga. R'y.
Istpref2d pref
—
—
.
EvansTiUe & Terre Haute
Fort Worth <& DenverCity
Green Bay Wlnoua& St. Paul.
Do
Illinois
lOia
10%
11
12%
•em
62
24I2
24=8
45% 46% '46%
11% 11% I2I4
11%
Shares
5ul4
5473
7612
75 12
6I2
*6
12
15
10
141
I8I2
36
prof.
52I4
94%
Lomsvllle
Hempliis & Charleston
Mlcingan Central
tin. Lake Shore & West
*85i4
85
HlnceapoUe
Do
&
15
Louis
St.
27I2
& Texas
98%
Missouri PaciHc
Mobile AOliio
Nashv.Cbattanooga&St.Liiuis
New York Central & Hudson.' 10914
New Y. Chic.& 8t. J... a.sscufil 17%
Do
Do
is.
i>9%
& New
4
17
lSi8
I714
.
44
northern Pacific
Do
GhloA Mississippi
pref.
441a
2i»%
29%
.'>6
56
1
26I4
26I4
Oregon ATraus-Contlnental..
Peoria Decatur & Evansville.
Phlladelpbla & KeaiUug
26% 27%
Blohm'diWestP'ntTermtnal
281-3
Do
pref
Eome Watortown 4 Ogdeusb'g!
63
Do
Do
Paul
ii6'"i
15%
37
•7
10
I4014 141
<&
San m'aucisco
!
pref...
37
74%
"
lstpref!*112
& Duluth
Do
55 13
56 14
2»58
63
38
76
114
Bt.Paiil Mtnneap. & Manitoba 1131s 1131a
Texas .fe Pacitlc, ass. paid
27% 2.1
50i«
Union Pacillc
56
Wab. St. L. <k P.,P. Com. repts
175a 17%
Do
pref.
& Lake Erie
niiacelluneous stocks.
Wheeling
Colorailo Coal it Iron
Consolidated Gas Co
Delaware ^ Hudson Canal...
Oregon Improvement Co
Oregon K-iilway i Nav. Co...
Mall
30%
3812
3II4
3Sia
Oas
7378
Express Stocks.
Adams
74%
American
60
109
154
•13
14
IO914
32
18
18%
1858
4414
45
28%
2914
5573
•26I4
•86
Marquette Houghton
_ 1^0
„
Mexican Central
26%'
27%
2778
28
86
•86
•37
76
113
88
38%
75%
76
114
28% 28%
56% 57
17% 17%
30% 3II4
39% 39%
26
27
63
86
38
113
I
41%
74
14
719
60
61
86%
8534
85%
86
64%!
80
3841
75%'
114
13
12
13
71
464 47
17
17
I
7.4%
18
31
"71
45
16%
10% •10
•30%
32
17% 17% •17%
44
44% 45
28% 28% 2778
54-% 55%
53
26% 26%1 264
26% 27%; 20%
28
28% 28
56% 57
55%
2978 30%
28%
•10
•31
•85
•37
•75
4278
88
38
75%
•83
•37
74%
'112% 113% 112
79
79% 78%
105 105
102
105
113
113% 113%
28% 29%! 28% 294
56% 57%| 56% 57
18% 18%
32
324 •324 32%
39% 40% 40
40
99
74%
110
42
184'
•98
41% 42%
•98
98%
43
99
148% 148%
74% 75%
7378
148
109% 109%'
Mln. Sauli Ste M.
Do
& Atlantic'
pref
Quickullvor Mining Co
1*0
76
. .
Ark.
12
21
7%
15
7%
15
3%
74%
148
PciTy Coal...
Tennessee Coal
*
Iron
Tarions Stocks, &c. (Uni
Amer. Cotton Oil Trust
Pipe Line
*
Certificat4-B
•18
15
15
35
27
35
•13
14
82
82
30
30
31
71
45
31%
10%!
10
31%
18%
10
30
30%
•17
31%
71%
464
44
28%
554
26%
26%
28
564
29%
464
18%
44%
28%
554 55%
•26
264
26% 26%
27
27%
547e 56%
28% 29=8
44
28
74% 75%
112
78
113
114
78
113
284 28%
56
56%
18
18
32% 32%
38% 40%
39% 41%'
96% 97%
73% 74
148
39% 40%
•95
97%
148% 148%
73% 74%
150
108
148
150
108
6%
21
137%
137=8
7%
1478
5%
7%
•38
84% 35%
•IS
3314
40
35
50
60 'n
74
14% 14%
34%
«25«
90
•15% 164
138%
500, 64
117 515' 40
1
133
1 ,075
4,
7,
625
225
323
•38
10
43% 43%
34% 364
3
3
3878
3878
17
17
354 36%
2%
•37
35
2%
40
40
44
41
354
344
3178
50
34
33% 344
33% 334
50
32% 33
?,i^
60
2^18
3*'*
354
34
344
32%
6'2V>I
fil%
62
6078
31% 33%
587« 60%
60%
50
•
These are the prices bid and asked; uo sale
was made at the Board.
61
9%
29
15
40
254
200
57
80
30
,75ol
61%
....Ill
195|
55%
90.I
1.575!
7
Apr. 29
19
18
18
2
31
9
19
66
Mar. 29
3
Feb. 14
38% Feb. 14
23% Jan. 3
5578 May 16
34-% July 18
63% May 19
32% -Apr. 4
35% Apr. 7
39% May 2^
584 July 5
53 Jan. 17
87% Jan. 17
95 Jan. 17
44% May 26
84% May 26
120 June 2
95 June 20
11434 May 23
20% Jan.
Feb.
Aug.
July
14
June
.\ug.
July
Aug.
Feb.
Jan.
Feb.
Aug.
Jan.
Mav
35% May
63% Mov
22% May
384 May
63% Apr.
3 12078
13% Feb.
5311 23% Feb.
610 37% Aug.
19,930
13
3
9
7
37% May 18
33% Apr 12
70 May 23
Aug.
July
003'
5,725
2,025
2,382
1
14
4
3
19% Jan. 8
88% Jan. 3
114% May 19
20% May 16
July
July
205 99 Aug.
700 110% Aug.
7SI5[ 20
Feb.
,8.1^0
Si's Aug.
7
11
11
May 31
May 28
119
350, 26% Feb.
5.1% Aug.
8, ,098
1 iOj; 22% Pel).
4, 3201 23% Aug.
1, S40' 26
Aug.
Pell.
162, 730 34
50, 318
7
7
17
22
22
17
16178 Apr. 20
64% .Apr. 5
35%
Feb.
1
72
99
38
Aug.
Aug.
2
1|
11
27
23
18
6
18
18
534 May 19
89 May 19
105% Apr. 18
Feb.
54% May 31
89% Aug. 3 IO3S4 -May 19
374 Aug. 2! 58% Apr. 7
325i 95
Juno28;115
Feb.
8
255139% Jan.
51,318j
4 159% May 23
67%June21i 79 June 7
3l'l39%Jan. 4,152 Aug. 5
80 107 Jan. 5 118% May 14
62 Feb. 17 73% May 24
126% Jan. 26 137 June 6
50 98 Aug. 1 102 Feb. 14
5
Aug. 19 15% Jan. 10
300 43 Aug. 9 6778 Apr. 19
580 75% Aug. 18 104 Feb. 19
44 .Mar. 1!3 7 Jan. 13
135
104 Jan, 14
6% Aug. 1
20 June 18 304 May 27
200 88 July 21 100% May 27
13% Aug. 2 22 Apr. 9
281 127% Mar. 9 141% Feb. 11
1,000
74 Aug. 16 7% Aug. 13
337e
61%
II
14% Aug.
16
5%
AUK. 15
Aug. 11
2% June 29
30 Jan. 8
154 Aug. 2
31
Apr. 22
294 July 30
1149 July 13
30% July 12
27
33
.50
15%
18
17
98% June 30
99% May 14
704 Apr. 14
67% June 11
716 16% Aug.
160 27 Mar.
565 2778 Aug.
400
3378
61%
12
764
1,000
33%
isted.)
3414
74
21
6
42% 43
35
.50
3314
1478
138
51 July
897g Aug.
93 Jan.
57 Feb.
42 Aug.
107 Aug.
50 Ju.y
80 Aug.
66% Jan.
98 Jan.
110
13
20
17
41.0
75% 77
•18
--
138
13
27% Apr. 1
47% Apr. 21
24% May 16
Aug.
17% July
,3U0l
100;
38
26,
,O:^4'l05% Aug.
1
37
56%1
18%!
32
39%'
39%
150
603
88
39
75
114
79
102
2878!
32
71
16%
56
•1778
930
27%
96% 98%
6%
21
tn.
95% ISlay
94% May
May
310 13% Aug.
20% Ajir.
620 2^%.luly 30 48% May
40 24% July 30 344 Apr.
'i95l 92
June 24'll2 May
5(>9
110
45
79
3%
& Texas
Columbus & Hocking Coal..
78
16% Aug.
34%
108% 109
18
18%
lOP
18
28%
•85
90
88=8 88%
88% 88% -SS
•15% 16% •1578 16% •15% 16% •15%
16%
Virginia Midland
New York &
76
6%
pref..
Riobmnnd &, Alleghany
Bt Loui« Alt. & Tcrre Haute
8t. IjOuIs
-5%
45
400
,300
500,
85% 85%
88
88%
110
27% 27%
97% 98%
71
I
87
109
15
36
27% 27%
9s)
!9%
18% 184
30% 30%
31% 31%
26%1
27%l
101
113
18%
87
109
15
36
264 May
500jn8%Aug 19
00
570
900
61
834
109% 1U9% 109% 109
32
18
J
1
,990
99% 99%
& On
Morris* Essex
Aug.
July
Aug.
6
63%
•14% 16
•35% 37
1514
284 28 %|
564 57
29% 30=8'
55% 56=8
29% 30
pret.
pref.
Feb.
155
111%
Inactive Storks.
Do
300 33
63
]'.
Boston * N. Y. Ail-Line, pref
Central Iowa
Chicago & Ind. Coal R'waV !
Cinolu. Ind. St. Louis & Chic
Cincinnati Wash. & Baltimore.
6t% May 19
864 Apr 13
43% Apr 12
9% Jan. 8
111% 110% 1114 107
109% 110
44% 454
28% 29
54% 564
56%
27
110
United States
Wells, Fargo &Co
55%
801
100
63% 63% '62% "634
60
87
87
109
1778 18%, 184 18%'
30% 30% •31% 32%
31%'
30% 30781 31
68I4 6814
70
714
46% 47% 46% 48%
17% 17% •17% 17%!
10% 10% 104 10%
•98
Pullman Palace Car Co
Western Union Telegraph
68:fe
370;
July
Jan.
,400'
95%
41% 4278 42% 42% 42
•41
42
40
43
41
394 41%
75 >a 76
75
75
74=8 75%
75% 75% 74% 75
74% 754
101% 101% 101% 101% 101% 1024 102% 102% 101410178 101% 10178
45 14 45%
45% 46
"95" "di'
95% 95% '95% "Q5H 95
95
95% 95
93% 94
40% 43
Phllaaclphitt Co., Nat.
.luly
49
9473
52
94
111
27% 28%
99% 100
i
78% 78%
102% 102%
pref
51
154 Jine 13
54%
15i)l
534
94% 94%
9458
Highest.
6I>0|
10
118% 118%
18% 18%
35
35%
36
53% 53%
'35% 37
,
27% 28
99% »97e|
pref.
Western
pref.
63%
•85
*85
I
*14i2
•3519
63 14
50
83
45% 48
England...
Do
Louis
85% 86
•13
3078
36
110% 111
00
109% 10878 109
pref.
.
Y'ork
30%
West'n
York Ontario & West
York Sueq. ,& Western.
Do
27%'
pref., a-.sented.
York Lake Erie
Korfolk
15
191a
3712
94
85
35% 36
pref.
Kansas
86I4
109% 109% iio"
pref.
Hlssoiu'i
36
1
19% 19% -19% I9I2
53% 5313, 5314 53%
94 12 95
9414 94%
6212 63%
6278 63%
491a 50
IIOI4 IIO14, 110 IIOI2
Alb. & Chicago...
Eiev.ited, consol..
Do
53I3
9458
191*
19
*36
94
Nashville
<fe
Now
Manhattan
3612
18% 19%'
1887.
since Jan. 1, 1887.
Lowest.
1
& Wt'fit.,ass.pd..
do
Range
1,
XLT.
17 Jan.
70
7
11% Jan.
467 1307, Jan.
156 May
83%l 82% 8278! 82% 83% 127 200 79% Aug.
95 May
12078' 120=8 12058 '120
121
660 117 July 30 1274 May
II6I3I llS's 11512 11514 115%
,7651109 July 30 137% June
'145
100' 1384 .Ian. 2911534 June
147
145% 145%
147
I26I2 12779
126 128
129
,385 1-24% Mar. 18; 14078 May
15 Aug. 1; 22 Apr.
40% 40%
416 35 Jan. 27 52% Apr.
4758 48I4
47% 484
,379 44% Aug. 21 54% May
49
345' 106
1114 1114
Feb.
1|H8% June
54
53
50% 53
,720 50% Aug. 19; 68
Apr.
25I2
2414 241a *24
25
,075 23% July 30' 39% Jan.
132 14: 13058 131% 13 % 131%
,540jl26 July 30:139% June
2818! -271a 28I4
2H
28
707 2178 Feb. 3i =12% Apr.
•61% 62%
62%' 62
62
,400, 56% Jan. 24 6 % June
•12
12%' 12
12
12%
99t)l 10% Aug.
1 17
Jan.
63I2
61% 624
631a, •61
980; 57% Aug. 1 82% Jan.
24I4 2413 •23% 24%
24=8
,0.0, 20% July 30 32
Jan.
....
83 Aug. 1 100 Apr.
46% 46%
47
,300, 21% Feb.
4 62% May
I2I4
lOO!
9% Aug. 2 17 Apr.
I4II3 140
119% 119% 119% 1191a
1191211912' 1191a 110%'
Centra!
Do
Pacmo
2418
[
Lake Shore & Mich. Southern.
Long Inland
Bt.
6i
!
& Pembroke
Lake Erie&Western
Bt.
1214
|
Kingston
Few
New
New
New
I214
"24"' "2413
Aug. 19.
pref.
Ind. Bloom.
Lonls.
12
61
24
28
62
61% 01%
12% I2I2
61%
24
15
10
111% 111%
110% 11088
ClevelaudCol.Cin.*Indianap.]
Columbus Hocking Val.&Tol.
Do
•a
145
129
i
•37 12
•11
*7
ll.'>08
|
75%
7
VM^s
I
Week,
JAN.
0251 107, Feb.
5514
76I9
381s
6I3
15
39
•6I3
Friday,
56 14
56
55
•6
141
83
AND SINCE
Sales
of the
58
*38
•10
•10
14
*7
10
8ifl
8
Ul'-s 142
Chicago Burlington & Qiuncy. 140'a 140ia '139 141
8318
S3
82%
8338
81^
OlilcagoMUwaulJoe&St.Paul.l
121 121
1191a 121
120
pret. 120
Do
11516 115% llS'-s II6I2
114"3ll6
Chicago & Northwestern
145 I46i«
147
pref.; -14*
Do
'126
128
128 129
Chicago Rock Island APaciflo.! 127 127
Do
Do
I213'
56iai
55% 55%
76% 77
I
19,
PRICES.
I
561*!
56
AUGUST
Wednesday,' Thursday,
Aug. 18.
Aug. 17.
Tuesday,
Aug. 16.
Monday,
Saturday,
Ex\DINtt
LVOL.
Ex-rights.
308
200
100
400
2,700
1,850
18,830
0>?JO.<»0
31%
.54
Aug. 19
Ju'V 2-
Auv. 13
10
May 14
11% Feb. 18
45% June 6
25 Feb. 12
46% July 19
50 Apr. 27
7278 Apr. 5
344 Jan. 14
15
8% Jan.
35
64% Jan.
3
72%J«n. 11
.
AUOCST
THE CHBONIOLR
20, 1887.]
BONDS-LATEST PRICES OF ACTIVE BONDS AT
OtoBing.
Jtailroad Bondi,
A Pac— W.
Aug.'.2 Aug.19
D. Inc., Os, 1010
3'Vb
Guar., 18, 1037
C»B. Soiitli.— Istguur., 8«, 1908
2<J,6ii, 1913
lOft"*
Atl.
On. [owa— lut, 7ii, 'OPjCOiijp.
oil
Centrulof N. .I.-Ut, 7b. 1890..
82 Hi
8;*
105 14
t^3>4b
1).
HlOhtil,
3S>a Feb.
82ie July
383e June
Jan.
Mil. l.k.8h.
00
I04\ Feb. 109
00 Hi Mar.
S3 Aug.
94
Aug 110
113
113
Jau.
Jan.
Jan.
Jan.
May
h.
a.iii'.<
132
121
Aug. 133
tu
Feb.
Jan.
130
81
03
Aug
Mm
May
Jan.
Jan.
lo.'is Apr.
'% Apr.
00
'sJu.
Apr.
>
11174 Aug.
6.1 Is
89
M J.
Mar.
Apr,
131
i>,
l(»7>4A|ir
.
137
Mar
no'<»Jni>*
l33>sApr.
101>sM»]r
09 .May
80 Apr.
123 Jaa.
!l28>sApr.
no Jan.
I
•
,
I
77
Apr.
e6i«
May
iljk5>s
Mi^r
SeieHar
North. Paclllc— lst.coup.,68, '21 I15i8b
lll'inJuIy 1181s Apr.
105<>ab. 103 ''a Jan. |l07«sMar.
Oeu'l, 2d, coup., 1933
1051a
James
109 B l06>sJan. 111! Mar
00 July 1074 Jun»
R. Val. - Ist. 6s. 19.16..
N. PacTer.Co.— Ist, 6a. 1U33... i'02"a! lOi
115
114
A Miss.— Consul.. 7s, 1898.
114
2d, conaol.. 7a, 1911
Hpringtleld Dlv.— 78,1905
Ohio
1
Olifii Southern— lat, 6s, 1921. ..103
*0
2d,inc.68, 1921
Oregon Impr. Co.— lat, 68, 1910i 96
HO
Ore. K.ANav.Co.— l8t, 68, 1909'
101
CouBol., 5s, 1925
I:
a.
115
114
109
102
35
05
iim
b.
Julv 123
July 119
Jan.
Feb.
b.
I
1
a.'
1004 June
09 b. 98 Juno
100
100 b.lllS a. 110 Mar.
110 a. 1107 b 108 Mar.
62 b. 61%
62 Aug.
112 1). 119'4b.|_uoi3 July
110
106 Feb.
A Tranaoon.—68, 1922..
Peo. Deo. A Evan a.— lat, 6a, '20,
Evansv. Div — Ist. 6a. 1920...
Rich A All.— 1st, 7s, 1920, tr. rec
Rlchm. A Dan.— Cons., 68, 1915
Debenture, 68, 1927
Roch, A Pitts.- 1st, 68, 1921...
Consol., 68. 1922
RomeW. A Ogd.— let, 78, 1891.
Oregon
106
;1044
'1154
112
77
I
11313b.
n34b.
Apr.
Jan.
11 2 <s Apr.
1114 Aor.
July
.504 MVr
91''gMar. >102''eMar
108 Jan. 112 Ma*
36<>8b.
1
C—
108
115
114
120
...
117
Jan.
JuL
Apr.
June
Feb.
Apr
June
Apr.
Mar.
_„..
Apr.
10S%I>. 1084 Jane 1124 Mar
1014b. 1004 June 1044 Mar.
102
Consul., extend., 58, 1922
99% Aug. 1084 Apr.
8t Jo. AOd.Isl.- 1st. 68, 1925 . 10138b. 1014
6114b. 65
July
2d, income, 58, 1925
75 Apr.
113 Aug. 116 Juno
St.L. Alt.AT.H.— Ist. 78, 1894.
109 8.
110 Feb. ill2%Jun»
2d, M., pref.. 78, 1894
107 b. 105 b 109 May 108 Jan.
2d., M.,lnc., 78, 1894
35 b.
Dividend bda, 6s. 1894
35 Jan.
48 Jun9
9840.' 08 Aug. 102% Apr
St. L. Ark. A Tex.— Ist, 68. 1936 99 18
45 b. 45
44 June 55 Jan.
2d. 6s, 1936
1
1
St. L.
A
Ir.
Mt.— l8t, 7e, 1892... 109
2d mort., 7s, 1897
Gen. Ry. A laud gr., 5e, 1931.
St. L. A San Fr.- 68., 01. A, 1906
6s, Class B. 1906
6e, Class 0, 1906
Gen'lmort., 68, 1931
Gen'l mort., 5s, 1931
80. Pac, Mo.— 1st, 68, 1888...
St.
Paul M.
A M.— let, 7b, 1909.
2d, 69, 1909
let cons., be,
Do
1
1
118
68. 1031.
I,
aigluti.
I
-
1
C—
LowuL
I
1
.S;
W.-l8t,
a Mir. 10
131
98 >4
Mo. K.ATex.— Con., 6a, 1920... 94
Jillv
82%b.i 82>4
Cnnsol.iAs, 1920
8I<
109 b. lO'.P
100
CnnsoL,?*. 1904-5-6
Mobile A Ohio— New, 6a, 1037 .. 114 b.ll4
lOH .
1107 h. 104
Ist, Extension. 6b, 1927
May
48 b.; 48>4b 47 Ang
lat pref. debenturea, Ts
Mutual Uu. Tele.—8. t., 6s. 1011 84 b.l 85 li. S3 Au^'.
Nash. Cb. A St. L.— lat. 7b, 1913 120 a. IVS'sti. 127 Julv
N.Y. Central— Kxtend.i 5b; 1803 10-"' ». IbJ
lOlVt
„ .
Jaii.
N.Y.C.AH.-lBt, cp.. 7a, 1903 I32isb. 132 1>. 131''« .\iig.
|110i«a. lloija. lOO
Debenture. 5», 1904
Mar.
""' '
llSUiub. 1304b. 1284 May
N.Y.AHar.-lBt. 78. 1000
97 b. 084
N.Y.Chio.ASt.I,.- iBt, 6a, 1921
85 Jan.
92 b. -2il mort.. 68. 1023
70 Jan.
67 b. .?i. K 854 Jau.
N.Y. City A No.— Gen.. 6a, 1910
N.Y. Klevatfd— let. 78, 1006.... 1181s 1184b.ii7 July
N. Y. Lack. A W.— Ist, 6a, 1021. 129 b. 1'24 b.l 125 4 Jan.
10ti4a. 107
Oonstructlon, 5s, 1923
Feb.
N. Y. Out. A W.— lat. 6». 1914.. i08%" 110 a.' 107 Jan.
N. Y.8U8. A W.— Deb. .68.'97.op.ofl
60 Feb.
oi"" "oo'ia' 004 Aug.
1st refunding, 58. 1937
Midland of N. J.— let, 68. 1910 113 a.
110 Apr.
79isb. 80 b. 754 Fob.
N. O. PhcIIIc— l8t. tie, 1920
115i«
Jan.
119
i
.
A
MIoblgan DIv.— Ist. 6*. 1024.. lie
Minn. A «t. L.— 1st, 7», 1927....
Imp. ,k Kqulp.— (is, 1022
June
951s Jan.
lOiigli.
li.
it 111/.
IM7.
1,
Kant* *<<•«• /on.
SaUroad Sond$.
Lowut.
83
10514b 104 «8
115 b 1071s
b. 115 b 109
lOS'jb.
105 14
100 b. 100 >s
8S''s
88
OUMfif,
1.
June
118% June
108 >s June
105 June
09 Is
0»^
97% Aug. 100 June
112 a. 112
110 Jan. lie Feb.
00 Is May
103 a. 100 b, 09 Jan.
1153teb. 113>sFeb. 118% Mar.
115?e
116 b. llS>sb. nils Feb. 116 June
Ban J.wiulnBr. Us.lOOO
|103>9b. 104 '». 100
July 105 Mar.
Laiillvlal.ttJS. 18110
CheB. A u.-Pur. ni. fiiud 68, '08 112 b. 112 b. 112 Mar. 115 June
7413a. 71
May 81 Jan.
68. g(il<l, sir. B, 1908, coup. oO 76 b,
71 b.
68 May
Kituii. icui>.. 4». 1980
7514 Jan.
21i8b. Slifib. 22% July
es.curreucv, 1918
32 Jau.
9.->
04 Aug. 100 Feb.
Mort. Bh, idll
101 Feb. 108<s Juue
Ches. O. & 8o. W.— 5-68. 191 1 ... 05 b.
CIilc.Biir. & Nor.-lPt,.')S. 1928. 105 b. 106
1041s Jan. 1071s Mur.
lOU
Chic. Burl. & Q.— Deb. 5s, 1013. 106
1051s Aug. 1081s Apr.
Denver Dlvlo., 4a, 1922
07 June 99 Jan.
Cblc. A Ind. Coal R., Ist, .ts, '36 100 a
081s Jan. 10313 Juno
Cli.Mll.A- St.P— l8t, I. A M. 78, '97 117»i(l). 118 b. llSisJuly 1221s Jau.
Conaol. 7s. 1905
1271s July 130% June
let, So. Mill. Di v.— 68,1910.... IIU u. llSVb. 1131s Aug. 1191s June
103%b. 103 July 109 Jau.
let, Chi. * rac.W.Dlv— 58, '21 ICil
104 a. 103 July 108 May
WIe. & MIn. Dlv.-Se. 1921
10213b. 101 Is July 105% May
Tcruilual58, 1914
Cbic. & N. W.— Ooiieol. 78, 1915 13; %b. Ib7%b. 1381s May 142 Jan.
11^0 a. 12gig
128 June 133 Jau.
Gold,7e, 1902
118
117 May '120 Jau.
Sinking fund tie. 1929.
1929
108
Jau. IIIOI3 Mar.
BInkiiiK fund 58.
lOSiga. 108
Aug. IIOI4 Mar.
Biuklng fund debent. Ss, 1933
105
a.
103
103
July
28-}eiirdol)Mit. 58, 1909
U0914 Apr.
Chi. R. I. & Pac— 6b, coup. 1917. 132
!130 Jan. 135 Jan.
10814a. 107
July llOiaKeli.
It8
Exten. A lol. 5h, 1934
119 b. 1181s Ang. 124''8 May
Ch. St.F..M.A O.— CoiiBol. 68. '30
July 1271s Jon.
l8t, 68. 1919 124 b. 125 b. 123
St. Paul A; S.
Ch.8t.L.A PUIS.— lst,con.58,'32
98% Jan. 102 Feb.
107 Jan. II Us .May
C. C. C. A lud.— Gen. 68, 1934 .. Ill
98 b. 98 Aug. 104% Juno
98
Col. CoaKt Iron-l8t, 68, 1900..
73isb. 70 Ai'g.
Col. H. Vttl. & Tol.— Con. 5e, '31 73
88''8Jau.
70 Mar. 91 Jan.
Oen.giUd.Oa, 1904
I>enTerA Kin «r.— let, 78, 1900 120 b. 120isb. 118>sFeb. 121iaJune
79isb, 8014
7614 Feb.
let con. 4», 1936
82% June
Den. & K. Cir. W.- let, 68, 1911. 71 b. 78 a. 74 Aug.
b2 Apr.
Aeeented
69 b. 69 b. 68 Aug. 78 Jan.
Den. So. I'B. * Pac— let, 78, '05 80 a 80 a. 68 Apr.
86% June
46 a. 44% Aug. 56 May
JJet.MacA ."rt.— Ld.gr.3'«8,1911 46
0713
97 Aug. 10138 Apr.
£.Ten.V.& G. Ry.— Con..5s, '56 97I3
Aug. 108 Jan.
Ellz. Lex. & B. Sandy— tie, 1902. 100 a. 99 a. 99
Erie- let. consul, gold, 7e, 1920 133 isb 133 b. 1321a Mar. 137 June
naij
112% Juno 115 Mar.
long Dock, 7b, 1893
Con. 68,1935
1:7 b, 117 b. 115 Jan. 1'20 Mar.
M.Y.L.K.AW— 2dcou. 68, 1969 0938
93% Feb. 104''eMav
Funded coupon, 56, 19t)9. ..
87 Aug. 95 14 Min'8814"
87
85 Aug. os "a M.iy
rt. W. &Denv.C. -let, 6m. 1921
106 Feb. 1091a Mar.
Gal.Har.A San. Aut. -lut, Ge, '10
2dM., 7s. 1905
105 June III Jau.
93 13 June 100% Jan.
Weet. Division— let, 5e, 1931.
9218 Jan.
92 14 Feb.
2d, €e, 1931
Gr-n B. W
St. P.— 1 st, 68, 1911
99 Jan. 109 May
38
2d income 8e. 1911
36 Aug. 53 May
39
GnllCol.ASan.Fe— l8t,7e, 1909il21'8 121
120% Jau. 125% June
101 lab. 102
Gold, 68, 1923
100 Aug. 106% June
Henderson Br.( 'o.- 1 st. 6b. 193 1 108 "ab
1061a Mar. 110 Feb.
let M. L. 7b
11414b. lieiab. 112% Jan. 119% Miiy
H. & Tex.
113l4l>. 115'3b. 108
Mar. ligiaMay
let. Wist. D., 78, 1891
l8t,WacoAN.7s, 1903
liaiab. 116 b. 113 Feb. 119% May
2d, contol. M. L. 8b, 1912
10613.1.
94 Feb. 112 May
Gen. mort. 6«, 1921
72 a. 69 b 66 >4 Feb.
79% May
Ind.Bl. AW.-l8t,pref.,78,1900 120 b. 120 b 1191a Jan. 124^4 Feb.
let, 5-6B, 1909
90 b. Ul a 911a Jan.
99 May
2d, 5-U8, 1909
75 b. 75 b 76 Aug. 89 la June
Eastern Division- 6s, 1921. ..
91 Jau.
OSiaMay
Income, 6s, 1921
24
24 Aug. 34'8 Apr.
Int. & Gt.Nor.— 1st, 6a, gold, 'lb; 114 a. 11313 a. 112
Aug. 122 Mar.
i)0 b.
Coupon, Be, 1909
90 Aug. 08 Feb.
90%
Kent. Centr.— Stamped 48, 1911
64 Jan.
78 July
Knoxv. & O.— 1 st, 6s. gold, 1 925 94 a. 91 b. 91 Aug. 100 Jan.
lakeSh.— Con.coup.,l8t,7s,1900 124 b. 124iab. 124 Aug 129 Juno
Con. coup., 2d, 7s, 1903
12314b. 1^2%b. 1221a Jan. 1261s May
I.ong Island— l8t, 7b, 1898
121 b. 122 b. 120=8 May 124 Mar.
Isi, consol., 5a, 1931
113 a. II213 July 115 Feb.
I*u. & Naali.- Consol., 78. 1898 120 a. 120 a. 118 Apr. 121 13 Feb.
107 b. 105 Jan. 113'4 June
N. O. & Mobile— l8t, 68, 1930. 109
2d,6s,lU30
97 b. 95 b. go'e Jan.
99>a May
E. H. &N.— 1st, 66, 1919
112 b. 112 b. 112 July 1 17 Og May
General, 6s, 1930
110 b. 109 b. 107 Jau. II413 May
Trust Bonds. 09, 1922
108 b. 108% 1041s Jan. 109 May
10-40,68, 1924
100 b. 98 Jan. 103 Apr.
11114 a. 109 Jan. 1151a May
Lou. N. A. &Cb.-l8t. 6s, 1910.
Ooneol., gold, tie. 1916
95 a.i 93 Apr.
99 June
Hem. & Cb'lBton-6s, gold, 1924 103>sa. lOOifib. 101 Jan. 107 May
Metro. Elevated.— iBt, 68, la08. 11714a.
116 July 1201a May
2d, 68. 1899
lOSijib. 1081a
10778 July 113 Apr.
Mexican Cent.— New nss. 48
71%
51 Feb.
75% June
Inconits. 38. 1911
22
21 b. 20 July
27% June
Mich. Central— 1st. con.. 78. '02 127
127 b. 127 May 131 Apr.
Mlse'ri Pac-lst. cone., 6s,1920 11414b. 115 b. II4I4 Aug. 119
Apr.
3d, 78, 1906
124 a. 122 a. 121 June 126 Apr.
Pac. ot Mo.— let, 68, 1888.
10014 Aug. 105 Jan.
10038b. lOuis
2d mort., 78, 1891
10513 July llOis June
ConBol.78, IHOfl.anBCiit,
Convert. 7s, 100'2, lUjBOut
A<Uu»t.7s, l'J03
Convert. (U'b.Crt, 1908
Iiilcr ni iMMHl ccrtilUaiB
Le'hA- \v.K..cmi.7»,lUO0,a»'nt
Am. Dciik .\: Imp.. .^», 1921. ..
Central rafitl(—(jolilC8, 1898..
STOCK EXCHANttB, AND BA.NQE SINCE JAN.
N. t.
Sangt tinet Jan.
286
1933
reduced to 4138
Shenandoah Yal.- let, 7b, 1909
Gen'l mort., 6s, 1921
So. (;aroiina— Ist. 68, 1620
2d. 6s, 1931
Inc.. 6s. 1931
So. Pac. Cal.— 1st. 68, 1905-12..
So. Pac, Ari.— Ist. 68. 1909-10..
So. Pac. N. M.— 1st, 6s, 1911.
.
Tex. A Pac— Inc. A Id gr. 78. '15
Rio Graude Dlv.— 68. 1930 ...
Gen. mort. A term., 68, 1905..
Tol. A.A.AN.M.— l8t,63,1924.
Tol.A.A. A Gr.Tr.— Ist, 68, 1921
A
iBt. St. L.Div.. 78,1889
2d, extended. 78. 1893
Con., COUT., 78, 1907
Great West.- Ist. 78, 1888....
2d, 78, 1893
Bt.L.K.C.
AN.— R.eAr.,7e,'95.
Weat Shore— Guar.. 4B
Jan.
July 90 Jan.
July 1194 Jan.
113 July 117 Apr.
114 a. 114
113 July 1174 Apr.
113^b. 114
1084 Feb. 119 May
100
084 July 1014 Jun»
100 b. 1004b. luO July 1044 Jan.
113 a. 1104 Jan. 118 Apr.
118 Feb, 121 Mar.
116
117
116 Aug. 1204 Mar
99 14
98%
03 Feb. 1014 May
lOJ b 06 Jan. 109 May
"ie'iaa. 45 b. 37
Mar.
55 May
96 b. 06 M.iy 1074 Jan.
094a.! 60 b. 65 May
80 Jan.
1514b. lo4b
15 Ang.
284 Jan.
114 b. ll24b.'il64Fob. 115 July
limb.
110 Feb. 112 Apr.
108 b.'i05% Jiin. 1 10 June
494b.l 52 4
49 Aug. 664 Feb.
71388.1 714
64 Feb.
784 May
62 b. 60 b.l 624 Aug.
72 Apr.
99 a.i 89 Jau. 100 Miiy
98%
105 a. 104 b. 103 Jan. 1094 Juno
103i-2d.ll04 a. 104
Jan. ;112 Feb.
93 b.j 94 b. 95 Jan.
99% Jan.
95 Aug. 97% June
95"h
1154b.:il6i4b. 114 Jau. 119% Mar.
1034b.! 1034l>. 102 Jan. lu34May
115 b. 115 b. 114 July 120 Feb.
110 b. 110 b. no Aug I115 May
111 b. Ill b. lllieJuiy 115 Mar.
1154b. 116 b 114 Jau. 11174 Apr.
1034b. 103 lab. 102% May 109 Apr.
09 4b. 100 b. 974 Aug. ,1074 Jan.
95 Apr.
99 Jan.
86 June 90 Apr.
88%
50iaJ. 54 b. 49 Jan.
604M>ir
08
08
89 Feb. 1044 Mar
82 b. 84 b. 844 .Mar. 97 Mar
115 b. 113 b. 1104 Jan. 1174 Mar
I10%b. 113 a. 106 Jan. 116 May
08 b. 102
90 Jan. 108 May
83 b. b5 b. 84 Mar. 99 Mar
115 b. 113 b. 109 Jan. .1174 May
98 b. 10O4b. 98 Aug. 107 Mar
114
n24b. 109 Mur. 1144 July
98''8 July 104% June
99%
99%
b.
b.
I
1
!
I
.
Wabash— Mortgage, 7s, 1909..
A Wab.— Ist, e\t.. 7a, '90
4
I
{
Tol.St.LA Kan. C.-lst.68, 1910
Union Pacitlc-lst. 69. 1809....
Laud grant, 78.1897-9
Sinking fund, 88.1893
Kan. Pacillc— let. 68, 1895
Tol.
94
Aug. 115
May 1144 Mar.
109
03
113
;
Westr-let, 7s. '17
Tol. Peor.
Tol. A Ohio Cent.— lat. 58, 1935
let, 69, 1896
Denver Div.— 68. 1899
lat consol. 6s, 1919
Oregon Sh. Lino -let, 68. '22..
Virginia Mid.- Inc.. 6s. 1927....
Gen'l mort., 5s, 1936
Wab. St.L. A Pac. - Gen.. 68, '20
Chicago Dlvisott— 58, 1910
93
I
108 %b. 101
a.
11313b. 114
I
1
1
1
I
1
I
,
!
STATIC BONDS.
SECURITIES.
Bid.
ABk.
SECURITIES.
Bid.
<
SECURITIES.
Aak.
Ask
Bid.
I
Alabama^ClatB A, 3
1906
Claee B, 5e
1006
Ciaes C. 49,
1906
68, 10 20
1800
Arkan.-^as— Ge. funded.. 1899-1900
78, Little Kofk A Fort Smith, tsB.
78,
Memphis
tii
A Little
Arkaneas CcL tral
Georgia— 7e, gold
"78,
liOuieiana— 7e, cone
Stamped, 4b
MIoldgan— 7b
5
Rock,
RR
due 1880 or 1800
Asylum or University, due 1802
1804-1805
Funding
103
1802
New York—68, loan
107
1803
124
68, loan
JAJ
35
North CaroIlna~68, old
1000
Funding act
30
New bonde. J. A J.... 1802-1808
15
1034 106
104
100
102
10
26
Ise..
11
1890
1914 100
85
1890 106
MlBBOuri—68
Chatham
85%
RR
Bpecial tax, Claaa 1
Coneolidated 48
6b
MOTE-The letter " b" indlcatea price bid, and " a" prloe a$k«d aU otber
;
20
9
15
1010 97
1919 123
prioea
Rhode I8land-6a, oou.. 1893-1894 lie
104
110
112
115
118
35
13
Bouih Carolina—68, nou-fuud.1888!
Brown
consolidated 6e
1
8031
1892-1898|
Tennessee—68, old
1912
Compromlec, 3-4-5-6a
New settlement— 6a
22
il*
154
99
126
5s
3s
Virginia—68. old
6s, con'-olidaled bonds
6s, consolidated, 2d series
K8. deft«rreil. trust n-c
and the range are Irom aotual sale*i
1913'
6
109
so
70
7
108
68
1024
1913 100
1013 70
48
1024
7i
90
60
10*
—
THE (HRONICLE.
236
[Vol.
XLV.
BONDS-STOCK EXCHANGE QUOTATIONS ON FKIDAY OF INACTIVE RAILROAD BONDS.
Exchange
Oet.
Det.
Pricej.)
Atch. Top. & Son. Fe-lke ...1920
1911
Btniing fund, 6s
8012
1936
Bcecn Creek- let gold, 4s
125
Bait. & Onio-letes, ParkB ..1919 120
1925 »109is
68, gold
Kesistered
Boat. H. Tun. &
W.—Deb. 5b.. .1913
Cedar Kapids & Nor—
Bnrl.
l»t 58
Consol.
99
lOgit
1906
1934
100
1921
105
100
& col. tr, 5s
Registered
Minn. & St. L.-lst7s, gu .1927
lo-waC. & West. -1st 7s.... 1909
Ced. Eap. I. F. & N., let 68.1920
letSs
Buff.
N.Y.& PliU.— Cone.
6b. ..1921
Trust eertlflcates
1924
General 6s,
Trust certificates
Central fOT^a—
Eastern Divielon-lst 6s ..1912
1912
IlllnoiR Division— 1st 6s
Cent. EE.
& Banking
Co.,
& Ohio—
A
68, gold, series
So. We8t.-2d 6s.
Ches. O.
Chicago
40
&
& Alton-
.
1937 102
104
1908
1911
106
1894 117
1898
1898
6s. 1912 106
1903 12958 131
1901
1919 1111
9812
SlDking fund, 4s
1919 98
96
Rain, 48
1921
CUc. Burl. & So.-Deb. 6s.... 1896
5e, sinking
fund
Iowa Div.- Sink, fund,
Chi. E.
Isl.
& Pac— 6s,
Begistered
Ext. &Col..5e
Beglstfied
De» Moines A. Fort
1934
D.— l8t,48.1905
1905
l8t,2»2S
Extension, 4s
Keok. & Des M.— 1 St, 5s
1923
Chicago Milwaukee & St. Paul—
Ist, 8s, P. D
1898
2d, 7 3-108, P. D
1898
Ist, 76, $ g.. E. D
1902
1st, La Crosse Division, 78. .1893
let, I. &D.,78
1899
let, CAM., 78
1903
l8t, 7s, I. AD. Ext
1908
1st, 8. W. Div., 68
1909
iBt, 58, LaC. &Dav
1919
Ist.H. &D.,7s
1910
1ST,H.&D.,58
1910
Chicago & Pacific Div., 68. .1910
Chic. & Mo. Eiv. Div., 58 . 1926
Mineral Point Div., 58
1910
C. & L. Sup. Div., 58
1921
Fargo & South., 68, Assu .. .1924
Inc. conv. sink, fund 5s
1916
Dakota & Gt. South., 58
1916
Chicago & I^orthwestern
Extension bonds Is
1926
Eeeanaba & L. S.— 1st, 6s. ..1901
Dee M. & Miun.-lst, 7B....1907
Towa Midland-let, 8s
1900
Peninsula— lst,conv.,7e... 1898
Chic. & Milwaukee-let, 7s. 1898
Win. &St. P.-2d, 7s...
1907
Mil. &Mad.— let, 6s
1905
Ott. C. F. & St. P.-l8t, 5s.. 1909
Northern 111.— Ist, 5
1910
CI. Col. an. & Indlanap.—
iBt, 7s, s. fd
1899
Consol. 7e
1914
Coneol. sink, fd., 78
1914
Chic. St. Paul M. A O.—
Chic. S. P. & Miun.-lst, 6s. 1918
No. Wisconsin— let, 68
1930
Chic. & E. 111.— 1st, s. t, cur. 1907
CoDfol., 1st, 68
1934
Chlo. & W. Ind.-let, e.f., 6e..l919
Gene ral mortgage, 6
1932
Chic. & St. Louif- let, 6s
1915
. .
. .
.
.
—
Cln.
I. St. L. <fc
Ist, gold, 4e
Be ffi 8t f 1*6(1
3112 I33I3
*130i2 1321a
N. Y. P. A O.— Prior lien, 6e . 1895
N. Y. ANewEug.— 1st, 7S....1905
let, 68
1905
N.Y. Stisq.AWcst.- 2d, 4i2S...1937
N. Y. N. H. A H.-lst, reg. 48.1903
Northern Paciflc-Divldenrt scrip
i'lo'
&
Spok.
St.
98
A
Paul
Pal.-lst, 8. fd., 6s. 1936
A N. P.-Gen., 68..1923
Registfred
—
100
103
102
'114
118
119
114% II514
1151a
115%
106
*95
108
104% 105
102
100
'95'
93
lot
105
106
105
100
119ial Pioria Dec.
1906 1191s 120
142
price Friday; these are latest quoutlous
Peoria
A Ev.— ^d,
6s
.1927
A Pfk. U'n— let, 68. ...1921
2d M., 4iae
1921
Pacific EE.- Central Paciflo—
Gold bonds, 6e
made
this weak.
1895
'1031a 1041a
104 13
I
I3912
13712
135
128
1061s
118
114i«
871a
88
90
93
65
1091a
105
110
Ulia
119
110
102
105
95%
9558
'idi
117
•45
119
50
105
iisii
50
117
118
1161a
100i«
105
105
85
Income Bonds.
(Interest pa^al^le i] earned.)
Atlantic A Pacjlic—
Cential Divi^iou— IncomB..1922
Cent. Iowa— Ct.up. debtcertf's
25
Chicago A EasTlll.-Income. 1907
DCS M. A Ft. D.— 1st inc., 68.1903
|1U6% Det. Mack. A Marq.— Inc
1921
iieigliieia Ellz. City ANor.-2dine
Ind'ap. Dec. A Spr.— 2d Inc
105
1
1031a
—
1131a
100
106
..
1970
1906
Trust reoeiple
Leh. A WilkesD. Coal
1888
Milw. Lake feh. A W. lucoiue
Mobile A Ohio 2rt prcf. debon
107
—
3d
pref. debenture!*
4th prcf. debentures
West.— Inc., 68. .1977
:107l8i N. Y. L. E.
27
20
30
*15
A
Ohio Cent.~M1n. Div.-Iuc. 78 1921
Ogdene. A L. Cham.- Incomc.1920
Eocli. A Pittsb.— Income
1921
St. L.I.M.AS.— Isi 7s, pf., int. aec't.
.
1
Eegistered
115%
1922
1932
A
Rich. ADanv.- Deb. ex ep. 68.1927
Consol. moit.. gold, 5s
1937
idg'
Dividend exti nded
&
II514
..1922 '114
'
.
No
123% 125Hi
122%il23%
Pitts. <31eve. ATnl.— let,6B
Pitts. Junction- Ist, 6s
Pitts. McK.
Y.— 1st. 68
I
Helena A Eed M'n—1 et,g.,6B.1937
Mortgage, 78...
1907
Dul. * Manitoba— let, g. 6s. 1936
Byre. Bing. & N. Y.- 1st. 7b. 1906 133
N. O. A No. E.-Pr. 1., g., 6s ..1915
Morris* EsBOx—let, 7s
1914 1421a 143
Norf. AW.-Gen., 6s..!
1931
2d, 7s
1891 109 110
New Elver- 1st, 6s
19.32
Bonds, 78
1900
Imp. A Ext., 68
1934
7s of 1871
I26I3
1901 123
Adjustimnt M., 7s
..1924
let, con., guar., 7b
1915
135
Ogd. A Lake Ch.— let, 68
1920
4M. & Hud. Canal— l8t, 78.. .1891 107 la
Ohio A Miss.- Cons., s.f., 7s. .1898
Ist, ext., 7s
1891 107%
General 5s
193-.^
Coupon, 7s,
1894 115
Ohio Cent.— Ist Ti r. Tr., 6d
1920
Registered, 78
1894 •lift
Mln. Div.— Ist, 68
1921
Pa. liiv., coup., 7s
1917 14114 H3ia' Ohio River EH.-lst, 58
1936
Eegistered
140
Omaha A St. L. R'y.— let, 48.1937
Albany A Susque.— 1st, 7s.. 1888 103 1031a' Oregon A Cal.— Ist,
68
1921
1st, cons., guar., 78
190b
137
Panama—Slnlt. fd., sub., 68. ..1910
*
I....
i....
U—
1936
Kegisi < red
ReEf. A Bar.- 1st, coup., 7b. 192
Registered
lOlijl....
123
121
I
Chicago—
let, cons., guar,, 68
Pacific
106
116
IO514
AtL A Char.— 1st, pr., 7s. ...1897
Mahon'g. Coal EE.— Ist, 58.1934
108 14 Long leland EE.—
Incomes
1900
Rich. A W. Pt. Ter'L Trust 68. .1897
N. Y. A M. Beach— 1st, 78. .1897
San Ant.A Aran8.-lst,68,'85-1916
85
88
N. Y. B. AM. B.-lst,g., 58.1935
let, 68, 1886
1926
50
Louisville A Nashville—
88'
Scioto Val.— 1st, cons., 7e
1910
1907
Cecillan Brancn -78
Coupons off
1920 103iall05
Pensacola Div.— 68
St. Loids A Iron vfountain1921 111
St, Louis Div.-let, 68
Arkansas Branch 1st, 7s.. 1895
127
1980 59
2d, 3e
Cairo A Fulton— 1st, 78
1891
117 1211a
Naehv. A Decatur— let, 78. .1900 118
Cairo Ark. AT. -1st, 78. ...1897
1910
1271a 130
8. A N. Ala.-S. f., 6s
116 11739
Bt. L. Alton A Ter. Haute—
1931
Louisv. C. &
6e
120
103
Bellev. A So. 111.— 1st, 88. -.1896
1937
5 p. c. 50 year gold bds
'127 12
94
Bellev. A Car.— Ist, 6e
98
1923
Pens. A At.— let, 6s, gold.. 1921
125
Paul Minn. A Man.—
Tex.—
Bt.
1st,
1934
N.
O.
A
5s..-.
Lou.
115
Dakota Exten.— 6s
1910
89
Manbat. Beach Imp. Co.— 7s. 1909
*104
Min's Un.— 1st, 6s
1922
1911
Mexican Central— let, 7s
120 123
St, Paul A Duluth— let, 58. ...1931
Ex coupons 6, 7, 8
Sodus
Bay
A
So.—
1st,
g...l921
con.,
1081s
1st,
58,
Mich. Cent,—
58
1902
I21I4
109
Tex. Central— Ist, s. f., 78
1909
190SI
68
let mortg. 78
1911
Coupon. 58
...1931 108% 110
Tex. A N. 0.— 1st, 7s
1905
Eegistered, 5e
1931
101
Sabine
Division,
let.
68
1912
103
Sag.6s
Jack. Lan. A
1891
Vallev Ry Co. of O.-Con. es. 1921
Mllwauk. AN(rth.-l8t, 6S...1910 108
Wab.St.L. A Pac- Hav. Div. -68. '10
Exteiisiiin, 6s
1913 1061" 107
IndianaiMilis Div.— 6s
1921
Mllw. Lake 8. A West.—
Detroit Div.— 68
100
Conv. deb.. 58
1921
1907
94=8 9514
Cairo Div.- 5s
116
Aehland Di ».— let, 6e
1931
1925
Tol. A Wab.-Equip. bds., 781883
Minn. A St. Louis'124
Quin. A Tol.— Ist, 7s
116
1890
Iowa Ext.— Ist, 78
1909
Han. A Naples- 1st, 78
190i»
100
2d mortg., 78
1891
SouthwestExt.— let, 7s... 1910
111. A So. Iowa— 1st, ex. 68 1912
121
Pacific Ext,— 1st, 68
St. L. K. C. A N. 1921 109
13112 135
Omaha Div.— Tr. Co. rec.l91n
Minn. A Pac— let mortg. 5s. .1936
II8I4'
Clarlnda Branch— 6e
1919
Minn. A N. W.— let, 5e, gold. .1934 1011411021s
108
94
St.Charles Br'ge— l8t,6s.l908
Minn. S.Ste M.AAtl— lst,5s..l926
No. Mlesoiiri- Ist, 7s
18!'5
1091s Mo. K. AT.— Cone.,2d, inc....l»ll
10HI2 Wab. St. L. A Pac— Iowa Div.. 68
H. A Cent. Mo.— Ist, 78
1890
120
West. Union Tel.—Coup. 78.. .1900
Mobile A Ohio— Col. tr., 68 ...1892 102
71
Registered
St. L. A Cairo- 4s, guar ....1931
73
Morgan's La. AT.- Ist, 68.... 1920
N. W. Telcgi-apb- 7s
1 904
Wheeling A L. E., 1st M. 5s .1926
1st, 78
.1918
123
Nash. Chat. A St. L.— 2d, 68. .1901
Tenn. C. I.A R'y.— Consol., 6.t. 1901
108
N. Y. CeLtral-68
South Pitts.— 1st, 6s
1902
1887 101
Bir. Div.-lstioii.6s
1161a N.J. June— Guar, let, 4s
ibs'
1917
1986
112
Eegletered certiflcatfe
Col. A Hock. Coal A I.— 6e.g..l917
Cin. Jack.
Mac'.— istig','58.i933
Col.
Green.— Ist, 6s
1916
„2<i, 6e
1926
Col.
an. Midland— let, 6s. .1914
DeL Lack. West- Conv. 7e. 1892
&
&
Kal. A W. Pigeon— 1st, 7s. ..1890
1906
Det. M. AT.— 1st. 78
Lake Shore— Div. bonds, 78.1899
1900
Consol., reg., 1st, 7s
1903
Consol., rcg., 2d, 7s
5s..
coup. .1917
-
a—
.
2dmortg. (360), 7e
2d, guar. (188), 78
Miss. E. Bridge— Ist, e.f.
Oblc. Burling. & (Juincj-Consolidated, 7b
C.
.
1893
1181s
let. 78
1903 123>2
BinMngftind, 6s
120i«
Ix)uis. & Mo. Elver— 1st 7b. 1900 118
1900 116%
2d 7s
St. L. Jackp.& Chic- Ist, 78. 1894
1st, guar. (564), 78
A Mar.-lst, 68. ..1921
A Alp. Ist, 6. ...1913
Va. A Ga.— Ist, 78... 1900
Mock.
Bay
.
"io'
Ga.—
Collateral gold, 5e.
Chesapeake
Bid.
Rallroade— COo)i(inMed)—
.....1896
Gold bonds, 68
1897
Gold
bonds, 68
E. Tenn.
1888
68...
Cal.
AOregon-lst,
1930
Divisional 5e....
Cal.
Ore,gon-8er.
B., 6 1892
IO914
A
gld.
68.1926
Ala.,lst,con
E. A W.of
19S6
bond.
08
Moit.
EUiz. C. A N.— S.f., deb., 68. ..1921
West. Pacific— Bonds. 6s.... 1899
1920
IBI mortg., 6s
'122
(Cal.)—
1st,
68.1907
124
Railway
No.
1897
Erie— 1st, extended, 78
1896
Union Pae.-let, 6s
1919 'II414
2d, extended, 5e
1897
let, 6s
1923
3d, extended, 4I28
1898
Ist,
6s
1920
1181a
5s
4th, extended.
1908
Col. Trust, 68
1888 IO214
5th, 7s
1907
Col. Trust, 58
1920
1st, cone., fd. coup, 78
1895
C. Br. U. P.— F. o.,78
1P08
Eeorg., Ist lien, 6s
137I2 139
68.1905
Atch.
Col.
Pac—
A
1st,
1916
7s
AE.-lst,
B. N. Y.
108
Atch. J. Co. A W.— 1st, 68.1905
N. Y. L. E. A W.— Col. ir., 681922
1909
Ut. 80.— Gen., 7s
Buff. A S. W.— Mortg. 68. ...1908
118
Exten., 1st, 78
1909
Evan. AT. H.-lst, cons., 68.1921
Louis
San
FranciscoSt.
A
1923
6s
Mt. Vernon— Ist,
109%
Ist, 6s, Pierce C. A O
1919
Evans. A Indian.— 1 et, eons. .1926
119
Equipment, 78
1895
Fl't A P. Marq.— Mortg., 68. ..1920
Kan. City A S.— Ist, 68, g.l916
Grand Eap. A Ind.— Gen. 5s.. 1924 98
Ft.
Bg.—
8.
A
B.
Ist,
6s
1910
V.
Eegistered
St. L. K.ASo.Wn.-let, 68.1916
1911 '117 121
Han. A St. Jos.— Cons., 68
Tex.
Pac—
let,
68
1905
A
78.
..1898
Hous. E. A W. Tex— 1st,
1 et, 68, ox coupon
nilnois Central— Ist, gold, 4s. 1951 104
94 12
Consol., 6s, trust receipts. 1905
1951
Ut. gold,3i48
Pennsylvania RE.—
Springf. Div.— Coup., ..68, 1898 •1151a 117
Pa. Co.'s guar. 4ias, 1st op.. 1921
1921 111
Middle Div.— Eeg., 58
1921
Pa. Co.'s 4128, rcg
C. St, L. A N. O.— Ten. 1., 78. 1897 115
117
Pitts. C. ASt.L.— lst,cp.,7s. 1900
1897
1st, consol., 78
Eegistered
1907 118
2d, 68
1913
2d, 78
1951 117
Gold. 58, coupon
110
Pitts. Ft.W. A
Ist, 7s. ..1912
Eegistered
2d,
78
1912
.1894
Dub. AS. C— 2d Div., 78..
105
1912
3d, 78
Ced. FaUs & Minn.— Ist, 78.1907
Clev. A P. -Cons., s. fd., 7s liiOO
Indlanap. D. A Spr.—
4tb, sink, fd., 63
1892
1906
1061a
Ist, 78, ex. fund, coupon
i03ia
Bt. L. V. AT.H.— Ist, g.,7s 1H97
Lake Erie A W'n -Ist, g., 5s.. 1937
2d, 7s
1898
Lake Shore A Mich. So.—
2d, guar., 7s
1898
1892
Cleve. P. A A.— 7e
Pine Creek Bailway— 6s of 1932
Buff. A Er.— New bonds, 78.1898 122>a,125
Railroad Bonds.
(Sloek
BECUEITIEB.
Ask.
Bid.
BECUEITIEB.
Ask
Bid.
SECUEITIES.
116
Sterling
I.
A R'y, series B.— Inc. '94
Plalu income 68
1896
100 la
Sheuandoab Valley— Inc. 6e..l923
78
79
Free List.
091a ICO
Cln ASpr.-i>t, C.C. A I.. 78. 1901
78%l Cumb. A Peun.— Ist, 65
1891 102
Is
2d, 6s
1888 101
107
Galv. tf. A H. of '^2— 1st, 58.1H13
75
Gr. Eap. A Ind.— Ut quar.,7a.l89s 117
II514
N. J. Soutliern— lut. uuar., Os. 899
96
I
I
1
119
99
August
—
—
THE CHRONICLE.
. ,
.
.
.
20, 1887,J
Quotations In Boston, Plilladelphla and Baltimore.
BKCURITIKB.
BKCURITIKa.
Atk.
Bia.
Ooll. Tins'. 5«
*7
I
l*Di rrmt, 7a
iUMb. Val.-7 SlOa,
,
MortKago, 4^.....
....,S
Truat, 6«
Bell's (Jai>— lat, 7a,
iBt, Ua, 1906
Bar.AMo.luNeb.-Kx't,ei
6» noil
exempt
A
Incomw*
63
89
CoDB. Vermont, 5a
esi<i
126
122
118
But'rn, Maaa.— 6a, new..
Frem.Klk U.AMo.V.-tla..
K. C run Scott A 0.-7B ,, ,
K. Cltr I.awr. A Ro.— 6a.. «''«
93
126
111
100
113
105
K.c. .Miiiii.li. ,t Iliiin-Bs' »»"•
K. CMtjft.Jo. AU. B.— 7a «-•K. City spM A Mem.— 6a
K.C. tniiit. A .sprtugf.—68
Little R. A Ft. 8.-78
,„,
Lo'iiav.Ev.Agt.l..-let,6a ^2k
Hilmort
Mar. H. A Out.- J008,
I,
Uezloan Central—4b
Bond
70"s
70
scrip
7a
notes, 10a
l^ebenture, iob
N.Mex.A wo.Pac.— 78
H. Y. A N. England-7f ..
6b
2da, 6»
Ogdenab.A L.Cb.— ea
Consollilated 6a
>«
Incomes
PnebloA Ark. Val.—78.. 119
Bntland— lat 6s
Bonthem Kansas—58
i
Incomes
Sonora— 7s
aer. }
STOCKS
AtcblBon A Topeka
Boston A Albany
Boaton A Loweli.
Boston A Maine
Boaton A Providence
Boston Con. A M.. pref..
California
98<g
.--
40'«
A
8>4|
30
Concord
137
Oonneotlont River
519-1
Conn. A Passnmpslo
106
Det. Lansing A No., pref.
Eastern
]i
r
I
106
Preferred
Iowa Falls
{ ....
I
K. C. Moniph. A Birm ..I *5
Kan. C. Bprlngf. A Mem.,*
Little Rock A Ft. Smith.
—
Lonlsv. Kv. A St. Louis.
Prefeircd
Maine Central
16
45S<
114
,
jU2i9 146
Northern
A
Ogdensb. A
Norwich
Worceeter..
L. Chaniplain
{
Bnfr.
N.Y.
2d preferred
Delaware A Bound Brook
East Pennrtvlvania
Klmlra A WlUlamsport..
Lehigh Nav.—4 ks, 1914
Mort. RR., reg., 1897 ..
Schnylk.
Nav.—lst,6s,rg.
Sd, 88.
1907...
reir..
BAI>TI.tIOKK.
RAILK'D STOOKS.tPar
2d pref..
Parkersbnrg Br
50
60
—
Broad Top
16
Ctaarl. Col.
A
Aug.- lat..
2d
Preferred
36 "4
Cin. Wash. A Bait.— lata.
Lehigh Valley
67
2d8
Little Schuylkill
66
3ds
67"%
Mlnelilll A wch. Haven...
1st Inc., 68, 1931
53>«
Nesquelionlng Valley
ColnmblaA Greeny.- lata
Northern Central
2d8
North Pennsylvania
Ti't 74
Pennsylvania
66 >9 86=8 No. Central—4 >ae. J. A J.
68,1900, A.
27
29
Phlla<lelphia A Erie
8s, gold.1900, J.AJ.-.Uer. A JJorrtstown ll4<i 116
AO
ds, Series A
68, Series B
Plttsb.ACon'ells.—78J*J
PWla. Newtown A N.Y..
A Reading
Pblla.
Bait
Vnir.ed N. J. Companiee..
216
West Jersey
West Jersey A Atlantic.
CANAL STOCKS.
*
:
Exdlvldend.
t
60'
.
..
Pualz
BLNIohoUa.
•«
ivr
lllla
.
..
la**
188
lit
Ward... 1181*
NMond
nn
**"*
'*"**
104
ini"
S'loeALMth 148
ItaUofN.T. 120
146
123
i«*"
rwM
80
24
148
""••
CndMmea'a
310
TnltMl Bfaa
Union RR.— l8t,gna.J*J
Canton endorsed
Virginia A Tenn.— 68
no
1'6
Ijvfasotte
90
116
126
108
380
180
126
Mechanics'
Montauk....
Nasaan
Bid.
Aak.!!
103
106
66
106
75
60
103
OonaoUdated Gas
74
Jersey City A Hoboken... 160
Metropolitan— Bonda
116
Matnal (N. Y.)
94
Bonds, 68
100
Naaaan (Bklyn.)
101
scrip
96
Bonds, 5s
120
108 "i, 109 >«
1U4
lot
104 >a
1U3
I0«
178
lOO
Y. K4alt.}t60
178
I0«
180
170
Park
85
Pefr Cooper 170
Paolflo
186
100
lOS
106
186
80
People'a
iSS
no
1(K»
Pbenix
70
65
Rotger'a.... 140
Standard.... 103
Sterling .... 66
Stayveaant 105
70
100
100
150
160
110
188
156
170
180
Cntted Bt'a* 140
Weatobaator 140
WlUUmab'g. 380
Oaa aad City Railroad Htooka and Boada.
(aai Qnotattona by GBO. H. Prkstus A Co., Brokers, 49 Wall Btiaall
Oltliens' Gaa-liKtit
134"
!f.
216
140
.....
A*.
Bid.
W. Y. Flre..l 95
Niagara
160
North RlTor: 96
80
eo
80
90
90
COMPAN'B
!«a(lonal....,l00
US
120
-
Mercantile..
Merotaanta'
G KB 0OMPANIS8.
118
...
ManufcA B
Brooklyn Gaa- Light
113
760
78
180
140
KingBOo.... 300
Knlckerli'kr 90
Long Island
PtB* «.]
Aak.
!Greenwlcb.. 330
Onardlan ... d»
Hamilton .. 120
Hanover.... 196
Home
187
Howard
80
Jefferaon.... 120
260
Germanla... 160
116
Globe
132
COMPAN'H. BM.
Aak.
22.S
Qerman.Am. 800
Llat.
B. Bailer, 5<(
[City
RR.
133
97
102
106
100
,
trooklyn City— stock
i:o
1st mort., fls, 1902
106
Hklyn. Cross town— Stock. 166
1st mort., 7s. 1888
105
Snshw'k Av. (Bklnt- St'k 160
Cmtral Crossiown— stk.. 150
116
lat mort., e,f. 1922
lent. Pk. N.A R. Riv.— Stk
120
Consol., 7s, 1902
Ohrtst'ph rAloth
St— Stk.
60
WilUamsbnrg
116
Bonds, 68
Metropolitan (Bklya.)
Sfanlclpal— Bonds, 78
Falton utiniotpal
B<ndi<, 68
Eqnltable....
Bonds, 68
110
80
108
186
106
116
110
A B.—«crtp, 68
104
ItO
107
100
105 1,
100
42dSt. Manh. A St. N.Ave
100
Ist mort., 68, 1910
130
8d mort., income, 68
< onst. W.st.AP. F'T-Btk
110
170
l8t mort., 7b, 1894
i
200
112
D. D. E. B.
80
118
180
Hi
A
Klihth Av.—Stock
.-icrtp, b's, 1914
424 A Grnd St. P'ry— Stx
1st mort., 7s, 893
108
166
160
120
84
"Jlnth
Ave
Bioond AT.—Stook
1st mort., 6s, 1910
Oonaol., "Ta, 1888
ei cth Av.—stook
121L,
l«t mort., 7a, 1890
124
.Third Av.—Stook
112>9
Bonds, 7s, 1890
150
Tw mty-thlrd St.— stock..
112>«
Itt onri., 7s, 1893
121
110
Bondp, 7s, 1898
Ory Dk. K.B.A Bat'v— Stk
110
1st mort., 7s, 1893
BULf
133
114
sa
110
140
100
130
lit
QBurr, Broker, 145 Broadway.]
(^uotatlona by H. L.
A
tl'oker St.. Pult.F.—stk. 38
lat mort., 78, 1900
«r"dway 7 th A v.— st'k.
lat mort., OS, 1904
3d mort., 5s, 1914
108
B'way Surface bds.goar..
Bomla guar., 68, 1905
GAB COMPANIKB.
Psople'a (Bklyn.)
I
I
41
107
60
155
110
109
107
158
110
316
117
42
108 >
83
160
U3
ios"
113
119
107
101
175
110
210
106
220
112
180
116
330
107
380
114
Unlisted Secnrities.— Quotations from both Exchanges:
^
i'ld'j
SBCURITIES.
A Cable Co.
Bid.
115>9
Bid.
Kanawha A Ohio— let 68.
1!7
12(1
!(H)
106
26
Motor
Mexican National
42
Brooklyn Elev'd- stock.
104
lat mort
3d mort
82
Bnff. N. Y. A Phlla
9
Pref
9
Trust bonds, 6s
36
Cape Fear A Yad.Val., Ist
45
109
84
Mex. Nat.Constmct'nCo.
N. Y. City A Norihem....
..
Kan. City
lat 68
17%
<<eelv
let mortgage,
tr.
13>a
rec
101
>
77
98
64
2d8
6
Ohio..........
44\
99
19
99 >
4i'a
108
lat mort
3d mort
Incomes
54
14
101
100
Wisconsin Centrtkl
Pref
11
Ist pref
30
97
16
09
West Va. RR.— lat, 88...
West N. car.— Con. M....
100
Henderson Bridge— Stock
Kanawha A
10
48
86
...
N. Y. W. Sh. A B.— Stock.
North. Pac.— Dlv. bsuds.. 101
Orange Bolt 1st
la's 30
06 "a 107 V
1
77
AOmaha
Peusacola A Atlantic
Pitts. A West. RB., 1st M.
Che,-*.&0.. ser. B.tlef. scrip
Rome A Decatur
cii. AE. lll.,S.Fd.,(.oll.Tr. lOGig
1st mort., 6s
Chic. Santa Fe A Oal. 5s.. 103»4'104V
St L. Ark. A Tex
Cinu. A Spiingfield
3
let
C;oea" d'Aleue
2d
DiU. S. Shore A At.— Stk.
St. PanlE.Aar.Tr.,lat68
Prei
Tol. A. A. A N. Jrtich
East A West RB. of AI».
Utah Central.— 1st
200
Kdison Electric Light
Vicksb. A Meridian
Flint A Pere Marquette.. 80
Pref
97
Pref
Georgia Pac.—Stook
Ask
1st mort
10
;o
,
45
SECURITIES.
Aak.
74
96
Tel.
Atlan. A Char. Air Line.
1st. 78
At.APac.-lstM,C.D.o:d6i
Best. U. T.A West.- Stk
86
I
73
90
Amer.
2d pref
Boston Bankg.—Fo)lowmgaretfce totals of the Boston bankt
Specie.
1887.
6
J'lySO 136,144,800
Ang.8
185,62t<,700
" IS U6,667.300
L.
Tnder*. Depoalts.'
3,648.800
3,439,700
3,380.300
Philadelphia Banks.—The
1887.
Ag(.orasa
s
t
9,362,900
9,188,700
9,168,100
Cnrcnla'n.
99.084,000
97,871,400
88,8»7,10O
totals
8.801,800
8,840 600
8,840,000
73,166,047
83,110,881
66,860,784
have been as follow;
Loans.
Lawful Mon'y
Depoalta.*
droola'n
90,443,600
88052,6(10
88.807,400
28.293,600
22,601.900
87,944,800
86,036,700
86.362.500
3,380,030
3.2»e.0&0
An.Cl*aCb
8s.
{
. .
Bzobange...
Parragnt
Flremen'a".
1923
46
46
40
60
Preferred
Prel..
117
110
36
310
240
100
100
116
99
Empire City
A Del.— lst,68,1886
Central Ohio—Com
Pref
16
60
Western Maryland
61
46 ^ RAILROAD BONDS.
Atlanta A Charl.— lat
luc
Baltimore A Ohio 48
64 >a Cen. Ohio.- 68, lst,M.AS.
40
{13
60 i
1st preferred
do
City
Sagle
W.JerseyAAtl.— l8t,68,0. 107
Western Penn.—68,ceup. 106
110
68, P. B., 1896
Ist pref.
99^
Catawlssa
Navigation
Leblgh
L
BohoylkUl Na^ Igation
no
Continental.
Con8.,78, reg., 1911....
1
A Phi).,as8.pd.
Phlla. Wllm. A
IPhila.
OttlMD*'....
1^6
lat, 78. 1899
Cons. 68, 1909
78
166
Bowery
Pennsylv.—6s, cp., 1910..
137
^aaaao
•w York
173
88
166
190
135
116
125
116
40
Broadway... 175
Brooklyn... no
Oommerolal.
A
A
Atlanta A Charlotte
Baltimore A Ohio ...100
Preferred
A Atlantic
Preferred
A
Aiaer. Kxob.
OUnton
CANAL BONDS.
110
Hatrapollt'n
.....
148
•-MM*
178
170
170
7tti
<«reaanta'. 148
1
li
I8«
«miiblla
tt'roh'U'ltx. 130
Bid.
ABWIcaD... 160
71'«
Income, 7s, oonp., 1896
Conv. Adj. Scrip, '86-89
Cona. 6s, 1st ser.,c.,I922
Cona. 6b, 2d 8er.,o., 1988
Debenture conp., 1893.
Conv., 7a, R.C., 1898...
15
Deferred incomes, cp...
Pbll. Wll. A Bait.—4s,tr.ot lOlVlOl'4
118
78....
St.
L.—
Pitts. Cln. A
Pitts. Titus. A B.— 78,01) i 30
Cbes.
Oamden
Huntingd'n
OOKPAK'a
68, perpetual
Harriab'g-lst,88,188S..
H.AB.T.-lat,7s,g., 1890 106
Cons. 6s, 1895
ItbacaAAth.-l8t,gld.,7a
5s, rei!.,
16
Old Colony
}176
Portland Mac < A Portsm.
Ports. Ot. Fa 13 A Con'y. { ..
Bntland
Preferred
J 40
Bnnirnit Brant t»
10
20
Wisconsin CeLtral.
41
Preferred...
Worcester Nasi.'aAKocb. 2
PIIIKADEI.I'UIA.
BAILKOAD STOCKS.
46
>rtMtai....
Pamfle
Part
PaepU-a
C'olia'ATra- 146
iferaantlle.. 147
»
A>OTIM.
<artk RlT'r.
Inaamnee Rlaek
W.Jersey— 1st, 68, cp.,'9e i}}*
Manchester A Lawrence.
Mexican Central
N. Y. A New England
Preferred
160
<l*lh
..
fehmn\<m'
[QooUtlona by K.
El.AWmap't-l8t,6a,1910
Cons. 6s,gold, 1901....
Cons. 6s, gold, 1908....
Gen.,48, KOld, 1923....
Warren A P.-lst, 78, '96
West Chester— Cons. 7s..
01,'.
144
FbBbb
Ist, 6a.
ShamokinV. A Potts..—7(
Sunbury A Erie— 1st, 7b
FItchbnrir, pref
Flint A Pere Marqnette.
Preferred
I,.,
104
Sunb. Has. A W.— lat, 6s
94^1
100
2d, 68,1938
Sunb.ALewist'n 7s.C,.'96 1161a'.
100
Syr.Oen.A Com.— lat, 78.
Tex. A Pac— 1st, 68,1905 iba"
loo's
Consol., 68, 1905
80
33
Union A Tltusv.— 1st, 78.
United N. J.— Con8.6s,'94 112
Preferred
A Slonx City.
Kan. O. Clln. A Sprlngf d
Kan. City Ft. S. A Gult ..
1!!
tjnrth
t.
112
><aiiaTer.... 170
I>a.*Trad'8' 1130
IrrlBf
:i46
L«aUi*rMt8'l2IO
Kanhattan.. 162
<arkM.
170
Br.— lst,7e
Cona.,68,g.,I.R.C.1911
Imp., 68, g., conp., 1897
Oen., 68, g., conp., 1908
Gen., 78, conp., 1908
I
{
A Bonnd
A
ned'
1
Del.
Dnluth Bhort
Ka«tPenn Isl, 78, 1888
BaatonAAmb'y- 6s, 1930
N.Y.— iBt
Phila. Newt.
Phil.
R.— ist, 6s, 1910..
reg., 1893
2d, 7s, conp.
Cons., 78, reg., 1911
Cons., 7s, coup., 1911..
315
316
GrMDWleh
180
139
llth Ward. 160
rtrtli Are... 70O
1600
f lr»t
;:?:SS%
Aife,
Connect'g 68, co., 1900-04
Phll.ABrl»-lst,78,op.'88
Cona., 68, 1920
I0B<«
Cons., 58, 1920
Chlo. A Kaafn Illinois...
Chic. Burl. A Nortb'n....
80
Ohio.
West Mlclil«an..r
Clnn. Sanilnsky A Cleve.j aSHi
Cleveland A Canton
Preferred
AC. St.-l»t,«B.1914
Pa.
Sonthem
?
Naw7a.reg. A oonp
Col.
Perklomen— 1 at, 6a,op.*87
210
Central of MaBsacbusetts
Prefcrrwl
Cheshire, preferred
IJO
ICatawtaaa— lat, 7a, coo. o.
IHs, Trust Loan
A N. Y.O.— 78, 1896. 116
7,1906
8d
106
0»
93
ICS
201
162
A Lynn
lis
Cons., 68, conp., 1906...
Cons., 68, reg., 1919
1
Boston Revere B.
:.....
•;oi
iii!
(iwm'oAn..
800
.. 178
'JontUantal. 133
I>i>ni Kxcb... 187
Raat River.. 130
33 ><
Cons. 6s, C.A R., 1928..
97
No. Pcnu._?d,7s, 1896..
(Jen., 7s, 1903
130
Debenture 6s, reg
133
Norfolk A West.—Oen.,e8
N. R. Dlv., let, 68.1933
108
N. Y. Phil. A Nor.- lat, 68
Inc., 6s, 1933
lOS
Oil Creek— Ist, 6s, oonp..
47
Pennsylv.— aen.,e8. reg.
Gen., 6s, op., 1910
103
lUl
58
8d, 6a, 1904
Cona., 8 p. o.
.....
«5
2d, 78, reg.,1910
08
102
I
Ohmnloal.... 3<78
Uittami'.... 140
Oommaroe
Leh.V.— lst.6s,C.AR.,'98
31
Income
Coupon
Wisconsin Cent, -lat
2d series
56
62
68, «'••"
»•_•;•
1926, ea
,
A Ambov— 6b, o.,'89 106
87'» Cam.
106
Mort., 68, 1889
99\>100
Cam. A Atl.-l8t,7a,(.,'98
113
178
188
•-.
Bnir.
116
(itrflaM
1
Satoha'AOr 168
188
Qratni
300 —
•Mf
Obatham.... 316 .•••
1898
Oon.,6a,1913
N.Y.A Phil.— l8t,ea
lat.Tr. 68, 1922
Voa"
LHn<1 srrant, 78 .
Calltoni
iilalHo.— ea..
Ilicon o (>H
Ohic. K. ('.
Weat') -6a.
117
TOT
liNffl.
Otuatta... 308
BroMlwar... 280
A
Balvld'e Del.— lBt.«a,190S
Cons. m. 4s., 1927
A*k.
174
180
Bzeh... 140a« 143
Am.
Ino. 78, end., conp.. *94
Bait.
O.K. Hlde-Certa.
»7
101
100
100
Kid.
Local Hecarltlea.
Bank MiMit l.lal.
BAHKI. BM. Aak.
Aiovrlea
7(,B.ext.,1910
Ifll'
Plain, fta
MortKAffe. 5a
'96
:
..
287
New York
bANxa.
RAILROAD BONDB.
BOSTON.
,,„„
Atoll. A Topeka-lst,T«.i1>0
..
..
49'a
|
i"'6"\
Per share,
i
W.Md.—88,3d,stiar.,J.AJ
Wllm. C.A Aug.— 68
Jaly 30
Wll.
7b
^>!*-ii;::::
A Weiaon—6a
Last price this week.
22..'<5I).8()0
iDomdlns tke !'•• "doe to other baaka."
I0»8,l»0
ttSSt'M
—
8
"
.,
week ending August
Baiiki.
Loam and
Srecie.
DUcounU.
Keir York
10.8'2n.000
8.671,400
Hanliattan Co..
7.0ft7,3U0
7 8R4.000
10,67i',400
Hert bants'
HcclianiCB*
America
Pbeulx
3.108.000
9,006.200
8.70d,t00
1,848,400
18.984.100
City
Tranesmen'e.,..
Fnlton
Cbemical.
UerobartB* Exch.
.
3,200.1)00
6.073.'2CO
Gallatin KatlOLal.
&
DroT.
Hecbaitlcs' <& Tra.
Greenwich
1,936,H00
1,840,000
1,181,700
Leatlier Mantif'ra.
3,5SC,'i00
BeventU Waixi
State of N. Y
Americ'n Eich'ge.
1,»3U,600
S.67A400
17.W10.000
17.413,000
Commerce
Broadway
5,3P4.4
7.348,P0i
Mercantile
2.4 86,900
8 211.600
4,449.4(0
2,107.900
«, 108,4(0
10,692.800
2,934.(00
2,862,300
Paciflc
Bepnblic
Chatham
Peoples'
Korth America
Hanover.
Irving
Citizens'
Kassan
Marker
a.7',i7,0<!0
St. Nicholas
2.037,501
2,821.000
6,364, '200
2,H6«,70ll
Shoe & Leather...
Corn Exchange ...
Continental
Oriental
Importers' «& Trad.
Park
Morth River
£ast River
Fourth National
4,635,00(1
2.234.000
18.091,000
17,114,201
2.109.SO0
1,107.700
17.609,00(1
.
Central National..
Second Natioi. al
Ninth National
7.3V2,000
8.264,000
4,9»»,n00
20,423.000
4,6111, C0(
1.417.50U
2,383.200
2,196.800
2,594.900
6,401,100
3,712.900
2,212.200
2,440,700
8,403,000
2,281,100
I,9l9,i00
..
First National
Tliird National....
N.Y. Nat.Exch...
Bowerv
N.Y. County
German-Anieric'n
Cha^^e National
FilthAveuue
German Exch'nge.
Germaula.
United states
liincoln
Garfield
Fifth National
B'k of the Mellon.
West Side
1,603,20(1
3,(71,100
1,983,900
1,949.630
1,927 400
5,893,000
Seaboard
Slitb Nalional....
Western National.
Total
1.920,000
J, fe 17,300
1,622,F00
1,164,000
2,lB8,e00
660,000
4,320,^00
377,100
342.100
6423,900
464,300
635,':00
403,900
6B,C00
146,300
648,300
295, iOO
!0;,000
1.876,000
2,9' 6,600
gi 3,200
l,436,f0il
6'J0,800
1,808,600
632.600
163,800
616,800
3,091,900
680,600
661,000
191,200
B7S,000
137,600
649,00u
606,000
614,700
IS 0,600
4,082,100
4.381. 00
128.000
208.200
3,666.000
1,31(1.000
968,000
1.167,0(0
2,8^.0,i00
1,017.200
211,000
34a.£0J
610.',i00
83»,400
l,0^6,i00
1,001,200
1(j2,900
132.800
899,400
636,b00
35!>,900
278,600
879,400
271,700
379,600
380,000
146.000
352.92,\anr 70.3.'i4,lnn
Amount of"
Net Deposits
Lfgal
lenders.
other
than U.S.
860.000
260,600
797,f00
415,(00
384.700
227,000
814,000
200,800
62,7(0
406,4 00
3S9.300
239,400
82,300
254.000
10,420,000
8,537,000
7,699,100
6,266.000
9,387,700
2,971,000
10,969,600
2,236,500
1,123,600
20,368,400
3,490.200
8,6S2,600
1,841,400
1,963,000
1,216.400
2,828,900
1,339,800
3,512,600
14,238.000
12,317,700
4,948,300
7,246,300
2,791,800
8,995,600
131,600
131,K00
91,200
233,800
1.470 000
985,70.
314,700
493.600
133,300
439,900
334,900
121,800
266.000
660,300
190,600
140,100
379,000
4,46!',>'00
2,466,800
3.613,400
12,111,300
3,065,000
3,015,100
3.003,300
2.660,900
1.778,iOO
3,057,000
6,676.000
4,830,500
2,033,000
19.803.200
20,772,800
2,231,800
1,090,700
18,302,000
7,696,000
4,158,000
117,01
92,.S0O
257,000
285,000
668,600
195,200
1,201,900
1,161,800
154,000
114.700
876.000
873,000
232,000
271,100
993,400
241.800
127.100
229,400
131,900
91,600
5,387,90(
18,293,800
4.677.700
1,232,400
3,266,600
2,127,2(0
2,233,000
5,836,700
3,939,700
2,776.500
2,634,300
3,358.000
2,746,900
2,0i0,800
1,621,200
419,40(
79,500
480,900
331,400
83,100
134,700
87.300
108.800
19^,800
251,100
149,300
110.000
526,100
22,'ii
Circiilatton.
45,000
45,bo6
Bumingt
tVeekorMo
Alleglieny Val.. June
&
8.
F
July
Ailanta&Clmr.. June
& Pac 1st wk A(ig
& Potomac June
Atlantic
.
BuJN.Y.&PhU. IstwliTug
Ball.Roch.&Pltt 2d wk AuBai.Ced.R.&No. ut-wkAuJ
Cairo V.& Chic. 2d wk Aug
Cal.Bouthern... istwkAug
ICamdcn & Atl'c June
Canadian FaciHc 'Zd wk Aug
Chic. A Alton...
Chlo. & Atlantic
Chic. Burl. <fe No
Ciic. Bur. & q.
Chic, i: East. ill.
Chic.Mll.&St.P.
wk Aug
I
.
.
i
And branches.
. .
Gn.BayW.&St.P Juno
GnllCol. &8. Fe. July.
1887.
1886.
to
Latest Date^
1887.
188«
tU.Ceut.(Ul..!fe8o) July..
Cedar F.&Mln, July.
Dnb.&Sloux C. July..
2,600
la. Falls &S.C, July..
Tot. lowaliues July.
636,100
43,900
98'',900
45,000
864,300
42,200
46,000
46,000
40,700
45,000
Total all lines. July..
Ind. Bloom.* W. IstwkAug
Cnd. Dec. & Spr July...
Jack. T. & K. W. June ...
K.C.Ft.B.&Qulf,
IstwkAug
Kan, C. 8p. & M. Ist wk Aug
Kan. C. CI. <fe8p, IstwkAug
Kentucky Cent. June
Keokuk tV West. 4thwkJuly
King,*toii *fePem 2d wk Aug
aLake E.*!iWe8t. IstwkAu
LeliigU& H udeou July
Longlslaud
2d wk Aug
IstwkAug
2d wk Aug
439,800
LOUlS.ET.t&St.I..
Lonlsv.iScNaHliv.
446,800
Lou.N.Al.&Cldc. 2d wk Au;
Loulsv.N.O. cSiT. July
45,000
882,300
40,800
silooo
360,000
46,000
41,000
45,000
430,t:0U
26i',7("6
224,200
180,000
Manhattan
El...
& No
O
Mar, Col,
Mar.Hongh.tfe
Juno
July
wkAug
ist
Memphis &Ohas. IstwkAug
2d wk Aug
June
July
June
Mll.L.Sh.AWe8t. 2d wk Aug
Milwaukee &, N(< 2d wk Aug
Minneap.&St. L, June
Minn. &No. West. IstwkAug
•Mexican Cent'i.
•Mex.N. (N.Div)
(So.Div)
do
do
all linns
Miss.
ATenn.
..Ijulv
Mobile* Ohio. .July
Saah.Ch. ASt.L. July
N.Y.Cen.AH.R.. July..
N. Y. Cltyi&No. July..
46,000
44,600
46,000
133,700
2,260800
8,087,000
to Latett Date.
.
.
.
N'theastrn(3.C.) June
Nortliern Cent'i. June
Northern Pacific 2(1 wk Au.cf
Ohio* Miss
1st WkAug
Ohio Southern.. July.
Oregon Imp. Co. June
Oreg, R.& N. Co. July.
Pennsylvania... June
Peoria Deo.&Ev. 2d wk
Petersburg
June
PUila. AErie.... Juue
IPhlla. <fe Read'gl Juue
Coal A Irou Co June
Pitts. A; West'ru'July.
1886.
S
.
944,431
836,518
I'rtRoyalAAug. |,Tuue
8.'.i44,478
84,140
36,519
122,797
595,786
l,611,,'i71
551,692
809,122
633,470
l"rtI{'>vald:W.C. Jane
Rich. Tcr. Co.— .1
Ritjhiu.
Dan, 'July.
00
8,732
48,671
:i
17,',;36
701,390
1,570,942
1,192,045
448,,198
853,,62 'I
243,,268
6,250,,793
142,,777
2,737,,934
716,,535
4,715, 503
262, 920
2,060, 111
483,,741
825,,797
2,626,722
1,503,046
801,061
379„590
378,297
214,529
5,574.670
119,416
2,643,513
698,402
4,368,098
248,7,'*7
&
Va.Midl'd Div. July
Char.Col.&Au, July
Col. A Gr. Div.. July
West.No.C.Dlv July
Wash.O. AW.. July
Ashv. & Spar.. July
Rich.&Petersbg. June
Rome \V. A Og. Juue
IstwkAug
St.L AltouAT.H IstwkAug
Branches
IstwkAug
St L. Ark.ATex. 2d wk Aug
St.L.A8an.Fran. 2d wk Aug
St. Jo.
AGd.
Isl
393,476
StPaulADulutL 2d wk Au
StP.Mln.AMan. July
7'J0,268
Scioto Valley...
1,819,818
2,289,259
May
Shenandoah Val, July
South Carolina..
So. Paciflc Co.—
Qal.Har.A3.A.
Louis'a West.
Morgan's r,AT
N.Y.T.AMex.
Tex. AN, on.
Atlan'c syst'm
•June
.Tune
Juue
June
June
June
June
Juue
June
PaoiHc system
Total
Statenls.Rap.Ti July
Texas A Pacltie July
Tol.A.A.AN.M'h 2d
Tol.AOhioCent
loL P.
A
2(1
wk Aug
wk Aug
West.. 4thwkjuly
Union
Pacitle...
Valley of Ohio..
Chlo. Wis.
t
209,087
4f,175
841,351
10,200
63,318
50,500
124,018
965,369
61,570
38,480
25,',; 34
41.475
30,740
4,312
88,6<5
7,064
2,659
42,886
22,019
109,826
21,823
294,435
44,928
109,722
674,524
7,216
33,572
31,680
101,000
38.7,'SO
72,778
I
130. ••3-i
82,343
18,0-24
113,459
30,085
22,961
170,891
258,877
52,790
,733,470
489,857
333,152
36,868
106,283
90,297
33,006
554.404
286,991
103,003
41,908
338,008
16,052
29,874
397,583
,775,912
,60i,762
171,190
16,125
14,155
307,700
121,700
50,300
32,' 00
47,900
9.500
6,200
20,039
271 ,965
18,39"
28,470
14,910
50,371
125,800
33,730
621,344
58,733
73,000
61,618
5,721
140,<tl9
286,598
118, 00
49,246
28,219
43,068
9,600
3,400
17,191
232,101
26,450
27,206
13,701
32,798
i
94,4'.'8
34,767
571,526
46.731
66,01
62,419
,985,969
,591.729
123,09u
398,137
10,984
21,162
20,513
118,604
426,120
9,101
16,813
19,400
2.274,854
876,686
429,121
2 6,5 '6
376,961
,•.9,100
28,1(10
114,424
1,382,865
623,165
2,175,897
810,406
426,053
334,34»
283,211
53,200
15,930
104,736
1,246,854
779,883
505,845
654,I0(>-
700,386
409,176
915,382
1,302,614]
3,441,386, 2,63-2,754
785,161
901,659!
4,075,453 3,519,044
248,690
290.5211
367,614
468,523:
521,010
532,154
1,558,983. 1,233.330
300,465
381,87d|
1,942,019 1,968,824
61,931
82,516
579,I'-'4
450,94i>
4,544,519; 4,022.'258
Il,77/,696: 10,7i6,108
16,317,213 14,758,366
430,142
477
2.994,975 2,956,151
200,614
290,939
591,682
497.955
456,941
467,238
,2/4,458 13,021,892 11,^31,057
53.567
361,181
322,08S
116,000 3,847,808 3,250,310
536,3'27 3,050,731 3,010,298
115,380
645,639
600,51
45,796
12,800
23,744
3,737
4,153
2,961
14,611
37,958
10,383
9,199
5,220
*
7(>6,25!>
2,298,523
105,431
j
350,387
43'2,684
1,199,136
3-7,350
288.133
172,934
Mexicra currency,
ainclndine since Feb. 1st in both years
tlie
Ind. Pei-u
A Chic,
Not including Central of New Jer.sc.v in cither year.
c Not Including earnings of Now York Pennsylvania A Ohio.
t
3,773,703
569,281
118,212
21,982
511,741
459,912
36,061 1,533,583 1,290,975
15,639
622,759
559,335
8,400
375,301
213,437
49,450
525,059
348,386
49,135 1,349,849 1.137,067
320,1201 10,245,833 9,453,323.
28,8191
230,222
156,268
190,443 1,271,46'
1,101,82»
51,988 1,316,731 1,289,673
845,538 6,111,249 5,569,47a
13,0791
70,931
93,558
66,034
443,149
488,780
44,542'
351,164
314,49S
123,655
865,247
896,834
969,193 6,976,495 6,466,305
56,4421 1,488,92
1,405.681
39,9 15
230,973
217,709
15,5.'.9
264,001
125,210
38,860 1,560,341 1,398,25&
26,017 1,182,671
828,991
3,183
140,143
128,61S
72,419
462,440
389,723
5,323
168,300
162,397
2,812
42.454 1.119,934
910,242
16,421
142,55
117,791
107,445 1,956,517 1,825,917
18,254
563,320
463,904
283,175 9,301,811 8,148,357
42,328 1,318,188 1,036,973
105,454 1,030,516
836,930644,530 4,055,727 3,723,065
2.511
29,695
579,25(i
31,516
546.312
21,189
916,649
711,658
58,071 2.885,693 2,239,527
45,288!
250,384
282,976
92,100
632.022
594,301
139,252
865.120
840,842
56,966 1,923,783 1,303,874
12,635
547.959
367,855118,787
725,970
687,769
7,171
643.349
230.184
23.541
233,133
203,932
155,027 1,289,807 1,125,953
215,256 1,713,157 1,290.058
!,677,626 19,504,923 17,590,238
49,815
320,403
299,187
,536,808 9,512,138 8,523,783
515,731 2,844,361 2,843,038
314,316 1,959,897 1,790,823
33,479
886,954
799,941
84,057
616,699
503,787
63,>i94 2,355,822 1,811,432
30,460
280,878
287,45*
432,537 3,081,593 2,582,401
255,621 7,188,761 6,585,394
87,844 2,304,'<24 2,153,995
'261,487
34,906
311,406
271,782 1,801,402 1.2.19,521
421,881 2,686,209 2,753,194
.,336,101 26,370,724 23,250,164
20,063
453.007
511,946
193,176
27,830
183,208
332,382 1,864,401 1,667,710
,684,95^ 10,154,498 8.726,345
,311,840 7,646,046 6,433,069
145,0:'l 1,079,58 i
823,192
14,592
150,446168,591
16,082
,199,928
,887,260
51,162
180,000
558,850
130,708
45,580
Including branches.
4,552,037
595,708
269,592
668,839
2,857,222
201,906
48,710
262,566
12,43s
80,081
605,760
July
IscwkAuu
IstwkAug
141,840
16,000
22,432
22,036
76,111
215,713
65,718
295,0/3
11,774
99,105
687.333
;,606,828
AM. IstwkAug
Mlu. St.C.A W.
A Minn..
17,559
48,793
17,007
16,577
92,806
52.314
343,878
June
Wab. Western,.. 2(1 wk Aug
Wab. E. of Miss. June
June
; West Jersey
Wil. Col. A Aug Juue
Wheeling AL. E. 2(1 wk Aug
WlsoonslnCent'i istwk Aug
Wis.
6,04
405,.300
.,911,858
Aug
.
1887.
162,000
21,000
50,883
20,545
84,224
!,779,198
& W June
N.Y.Penn.A O, .lune
N,Y. ANewEDg Juue
N.Y.Ont.(kW... 2d wk Aug
N, Y. Sua. & W. June
N irfolk & West. 2d wk Aug
cN.Y. I„ E.
$
.•^3,098
6'22,800
42,911
1,284, 112
a00,404
202,637
1,270,,285
2,140,833 2,148,532 13,276,,107 11 ,5'23,359
l(,twk Aug
45,868
34,891 1.152, 797
969,16!
2d wk Aug 415,000 407,70!) 13,878,,472
,,502,946
Clilc. AN'tliw'u June
2,1 66,21
2,118,448 11,799,,837
.779,599
Cliio.Bt,L.,S.Pitte 4tliwkJuly
167,357 142,032 3,172, 116
,568,2r.8
Cliic,8t,P.M.&0, June
496,271 2,995, 231
,6!i0,897
CMC. (tW. Mich. '2d wk Aug 550,661
25,405
27,886
832, 373
822,130
Cln. Haiu.& D.. Ist wkj(il.v
70,121
65,565 1,697 308
,369,172
OlD.Inrt.Bt.L.iSti;. 2 wka Aug
99,754 106,360 1,587, 010
,522,559
Clu.Jack.&Mack 4tlnvkJuly
14.148
14,198
267, 854
232,877
Cln. N. O. diT.P. It-twk Aug
50,74 8
49,244 1,8S8 936
,590,541
Ala, Gt, Soiitb. iHtwk Aui
24,691
17,523
855 784
645,061
H.Orl, (feN. E IstwkAug
8,004
6,«07
369 137
343,997
Vloksb. & Mer IstwkAug
6,879
6,54'J
2S1, 627
276,385
Vlcks. 8L, &. P. IhtwkAUK
H,98-T
6,810
278, 130
234, =.13
Erianger 8yst. HI wkAug
97„'S07
87,026 3,673, 914
,090,497
Cln.Elcb.Ati.W. IstwkAug
8,596
8,233
230, 383
212,(i08
Cln.Wasb.AiiiUi IstwkAug
.„iwK/iuii
45,(i71
43,,'502 1,209, 415
,101, ."^38
Clev.Akronifol i st wk Auk
11,527
12,.'i82
326,
182!
310,574
Clev, & ('anion June
30,141
S 3,1 47
172, 503
160,906
Ol6T.Ool.C.&Inri June
374,448 335,741 2,039, 420
,819,228
Clev. & Miulcttii IgtwkAug
5,039
4,(08
174 044
163,09',)
OoL&Cln. Mid. IstwkAug
6,859'
8,315
181, 347
173,10-,
Col. Uock.V.iT. July
206,481
198. Ill) 1,444,1022
,178,790
Col. & Home .... May.
2,951
.f,388
28,:321
25.701
Danb'yANorwk Mar
8^ 600
19,501
18,239
80,383
Dayt'n Ft.W.&c 3d' wk July
9.813!
4,fl6
2(1
June
June
IstwkAug
Fla.R. Si Nav.Co. let wk Aui
l't.W.<feDen,City IstwkAu;
10,62(1,458
61.',;
Aug
Aug
wk Aug
wk Aug
165,252
6.'i4,049
Elti.I^ex.AB.b.
2d
2d
263,100
o,«00 352.743.900
1886.
1st wk
aouB.&Tex.Cent IstwkAug
4,3,'i8,900
Jan. 1
wk Aug
IstwkAug
2d
July
2d wk
81,700
43,000
172,000
I
Deny. & Rio Or
Denv. &R. G.W,
Det,BayC,&Alp,
Det.Lans'g&No,
E.Tenn.Va,AGa,
Evane.&Ind'pUs
Evansv. A T. H.
Flint & P. Mara.
1,528,823
April
My
.
8.
1887.
June
W. Jure
Central of Geo.. Juno
Central lowa...
Central Pacific May
Charlest'n & Sav June
Cheeap. & Ohio. June
&
Week or Vo
96',6o6
2.100,0.0
2.170,100
3,406,700
Seported.
19,601
61,123
233,000
19,309
394,765
99,319
991,140
35,100
385,832
93,744
144,446
Cp.F'r&Yad.Val July
dies. O.
Jan. 1
EOADS.
Georgia Pacific.. June
Gr. Rap. &Ind.. IstwkAug
Grand Trunk
Wk. Aug. 6
259,000
RAILROAD EARNINGS.
I'Ctat
Roads.
XLV.
[Vol.
13. 1887:
Average
»alt.
1
Latest Earnings lieported.
New York City Banks.—The following statement shews the
eondition of the Asaoclated Banks of New York City for the
Atcli. T.
.
.
.
THE CHRONICLE.
238
Butchers'
.
339,588
345,626
872,466
140,279
101.481
AnouST
THE
20, 1887.]
CHR0J«J1CLE.
m-r
luuestment
-
bonds with which t» ant*Konlzo the New York
of Ii'(or>,'«i)i/. ition, and will «tfi»nd the tale
Of
LI..
.... SepUiabur 7.
Tliero ar.. |;t 700,000 of the Ant
mortgage bondi, and Secretary Morse of th« committee iay*
that they now control a mij >rity <>f nil the cmn^nfe
i«tae«
8«curiti. 8.
They a-o bflnit rapi.Jly <lo,TMlted with the Mercantile Trust Company. After August 33 no aecurilie*
will
be received except for tpeoal reasons,
''
'
NO
The Investors' SupPLEMKNT contains a complete «xhlbU
of
239
Funded Debt of States and Cities and of the 8>)oks and
Chaltanootra Rome & Colunibng.— A dinpatoh from ChitBonds of Railroads and other Companies, It is published tanooga, Tenn.. AuRust 17, said that work on the Chaton the laxt Saturday of every other month —viz., January, tanooga Rome & Coiumhus Railroad was bagun. New Ycjrk
March, May, July, September and November, and is fur- parties furnish the bulk of the capital, but Chattanooga,
the
nished without extra vhargeto all regular subsoribers of the Rome, and other cities subscribed to the enterprine. It in proObbonicle. Extra copies are sold to subscriber* of Hie jected to run south through Rome and Carrol con ti ColumChboniclk at 60 c«nte each, and to oUurs at |1 per copy.
bus, Qa.
Chicago
ANNUAL REPORTS.
Naftbrillc
Chattanooga & 8t. Louis.
ending June 30, 1887.^
Jtily.
The pamplilet report of this company for the fiscal year
1888-7 has not yet been issued, but the company has furnished
we
give below in
comparison
Passenger
Frelglif-
Hall, express, rents. &o..
Total gross eaminga..,.
Total operutlng expenses.
Netem-nlngs
663,618
1,559,763
148.703
1385-86.
1886-87.
$
S
649,737
601.820
1,429,468
2,S72,086
1,303.446
2,240,719
1,304,002
2.188,109
1,322,858
1.069,640
936,717
865,231
153,821
rcCOME ACCOUNT.
1883-84.
A'«< Receipt!—
Neteaniinita
MlscellaucouB receipts...
Totalinoome
ZHtbursements—
Int«roBt on debt
$
1,097,712
662.320
266,802
106,077
Dividends
Iniproveineuts
1883-86.
$
936,717
11,947
863,231
948,664
865,251
$
^
682,273
675,096
58,401
-15,221
5!
& taxes.
Total disbursements.
Balance, furplus
1881-85.
$
1.068,640
29,072
725.961
1,894.715
153,572
266,741
119,4-jO
740,674
720,317 1,096,053
207,990
144,934
113,027
GSKERAL BALANCE AT END OF EACH FISCAL YEAB.
1884-85.
1885-86.
s
s
s
1886-87.
s
Bead and equipment
16,316,655 16,9.i0,242 17,09 J,876 17,512,645
Assets not avaUable
.562,727
81,322
75,748
69,421
Inv'tiu'U in st'ksit bonds
481,314
478,714
470,663
462,940
1H.132
37,f;47
Bills receivable
8,722
10,067
Realeetiite
8o,3S4
62,461
67,961
54,129
Due from agents, <SU!
18S,919
277,372
294,8.4
250,436
Cash
311,0-8
373,211
300,217
264,408
Total
17,920,544 18,108,314 18,321,83618.823,520
LiabitUie$~
Capital stock
Boiideddebt
Bills payable
Bal'ce due indiviil'ls, &o.
Int'stooup.ms due July 1
Dividends.
Pay-rolls, &o
Int'st on b'ds hold
Mlscelliinioua
Prolit and lojs
Total
*
$
$
$
6,670,331
8,903,000
6,668,363
8,998,000
591,499
97,348
287,970
21.912
75,490
153,600
3,6S6
467,268
42,947
6,668,362
9,200,000
2^8,047
31,092
296,905
17,018
by U. 8.
¥502,749 was charged
1,115,078
2f»0,905
18,323
72,721
153,600
15,119
1,381,089
$
e6'8.531
9,207,000
«01,4U2
61,299
2J7 630
>-3,183
85,1.32
97,124
133,600
13,016
1,571,014
1,80;, 117
83l
17,920,514 18,108,314 18,324,836 i8,i23,320
off to
"
Road and Equlpmant" during the year
GENERAL INVESTMENT NEWS.
latest reports of net earnings not heretofore published.
,—Jan,'LioJune.20.~y
Jane.
188t).
1887.
1887.
1886.
.
KameofRoarf.
$
$
$
$
348,S80
2S0,'21
63,226
54,850
4>,'^77
88.455
22,911
13,407
6.330,333
Louisville &Nashv.. .Gross. 1,260.149 1,121.192 7,420.175
434,782 2.730,738 2,232,187
Set... 466.955
Loulsv. N. A.&Ch!o..Gr.)83. 196,427 141,143
41,0»7
Net...
70,767
72-',970
087,769
Hbin. <Sc Bt. Louis
Gross. 113,»59 118,787
169,036
165,98 S
32,694
33,735
Net...
Jan. ltoJul/i31.
Tulji.
1886.
1887.
1886.
1887.
Kama of Road.
*
*
9
$
15,821
Cociird'.\line
Gross.
Kct...
0,764
Nashv.C.A.St. Louis. Gross. 258,877 215,256 1,713.167 1,2»6.0.)8
509,«80
769,862
92,686
Net... 12 7,839
Cairo Vlu. &Cljio. ...Gross.
^et...
.
.
—
.
327,6.18
2,409,103
2,293,7il
$7«.022
125.438
$762,713
BS7.193
$i71530
de(.8
>
099.006
1.436 sur. 105.520 der.$t2l.527
The ezpsnditures for roistruction, equipment, &o., in the
seven months were $83,451 in 1837, against $:J8,038 in 1888.
Cincinnati Hamilton
&
Dai ton.— At tke adjourned me3t& D. Railroad another
ine of the stockholders of the C. H.
Wayne &
Chicago.
—
This railway company hn been orDiluth, Minn., with a capital of $3,000,000. The
business of the company will ba to build terminal and transfer yards and lines about the city, and furnish new ratlroid
lines witli entrance into the city.
The object of the company
is particularly to induce new railroads to build tj Duluih, and
it is reported that three important railroads not now entering
Dulutli are interested in the new company.
ganized
ai;
—
Fitchbarg. A meeting of the stockholders of the Fitchburg Riad was held this week, and they authorized the issue
of $3,000,000 bonds for the funding of the floating Uebt.
r' Hartford & C.)nnecticnt Western.— The stockholders, at a
special meeting in Hartford, res dved to accept the resolution
passed at the last session of the L°gi-ilature auhoriziog the
construction of a branch to Springfield, Mass., and the issue
of bonds not exceeding $35,000 jier mile, with a corresponding
increase of capital stock to defray the cost of said branch.
& Waba«h.— Indianapolis
Indianapolis
—
Decatur
&
&
Springlleld. At Indianapolis, Ind., August 17, the articles of
incorporation of the reorganized Itidianapolis Decatur
Springfield Riilroad Ci)mpany were tiled with the Secretary
At the foreclosure sale of the road, Miy 2.^, it was
of State.
purchased by John D. Probst, H. B. Himmond, T. B. .Vtkins
and Simon Sterne, a committee representing the 31 morcg.age
b mdholders. These gentlemen, with Cnarles C. Allen, Charles
Taylor, constitute the new board of
N. Villas and Stephen
directors. The capital stock of the road is fixed at $1,240,000.
The new company is to be called the Indianapolis & vST abash
H
Railroad Net Earnings.— I'he following table shows the
,
aur.$61.581
.
$3,.';6H.2f:o
Net earnings.... $152.6'>2
Fixed ohargei
91.071
Dnlath Terminal.
1833-84.
Jan. I to ./uu 31
1887.
18«8.
.
$101,680 $1,172,116
adjournment was had— this time until Tuesday, August 30,
2,774,248 1887, at noon. Mr. A S. Winslow, the new P.esiilent of tha
1,578,611
company, stated to the stockholders aswmbled that while the
1,195,637 objects for which the original meeting wa-t called would not
probably now be carried out, still is mi. ht be necessary to
1886-87. formally dispose of them.
Therefore he would move that an
$
adjournment be had until that day two weeks, wliich motion
1,195,637
13,445 prevailed. It will be remembered that the speciU objects of
the meeting were the enlarg-ment of the u^es to which the
1,209,032 110,000,000 of preferred stock c )uld b? put, and to vote on the
$
70:1,834 proposition to guarantee the |5,503,000 of the Dayton Fort
1,033,»99
62,513
Aggglg
.
1889.
Gross esminin. ... $187,016
Operating expenses 334,384
Balance
1.435,878
156,101
PIttsbnr,?.— The gross and net eamand for tha Siven months to July 31
„ 1887.
('For the year
the Chronicle with the statistics, which
v»ith previous years.
EAKNINGS AXI) KXPENSES.
1883-84.
1884 85.
Earnings—
$
$
&
Louis
St.
inga and charges for July
have bien as follows :
—
Railway Company.
LoaisTllIe & Nashfille.- In advance of the annual report,
the following figures of the general results from operations
for the year ended June 30, 1837, are issued, ia comparison with
the previous year.
IncorDte.
1885-8*.
1836-8'.
Gross earnings
Operut'g 0X1 eases
Net eaminga
$15,080,584
$6,033,531
—
Fixed charges
InterestBudreatals
Taxes
Total
Balance
From Investments
...
$13,177,018
9.i.'47.053(6i'a )8,21:',-293
(iJOX)
$1,963,723
$1,315,813
365.316
$1,272,913
$1,681,136
$1,352,391
$1.€43,727
$319.9°6
479,'r58
2i)7,S07
370.8U
Inc.
luo.
»1> 03.668
833.. 53
Inc. $1,069,807
Dec.
.„.«*«_
$12,907
6,197
lao.
$37,409
.
Inc.
Ino. $1,032,398
3,2,061
Inc.
Canadian Pacific— On Aogust 15 the company opened i
Inc. $1,304,149
$327,803
$1,&3%252
new line between Toronto and Montreal, and at the fame time Surplus
the minority
of
its extension lo St. Johns and Farnham, P. Q., by way of its
meeting
the
"Memphis & Charleston.—At
new steel cantilever bridge over the St. Lawrence River, At stockholders of the Memphis & Charleston, over one-third or
Ftfrnhain, P. Q., the line joins the Southeastern and the the entire capital stock of the compmy was represented. The
ni<— '^.'-rtctory
throuj?h trams of the Montreal & Boston Air L'ne and of the otjct of ths movement is to secure
Montreal & Portland line will be tun over ihis route, usinif Bccountine from the Eass Tennessee and a gu
V*'
of
the Montreal sti'ion of the C inadian Pacific. The milraRe
cent per aScum on the $5 000,000 of MerapH
'^'t'?"
the "short line" between Toronto and Montreal is about 40 stock, .IS it i.< claimed that the rctid earned more tl'«" 'n^t ™
illunn U»
miles less than via Ottawa.
the last fiscal year. The committee appointed was A\
UjthachUd.
Sunon
Cuid.ster,
H.
John
A
Broad
ay
St
Woods,
Central
Central of Iowa.— M-. Elijih Smith's Committee of
W. Weed.
Iowa bondlioldera ij rep jrted as having about $1,200,000 fitst Charles Babbid<je and John
.-v
,
.
;
a
:
THE CHRONICLE.
240
MilTiBukee Late Inhere & Western.— Below is a statement
Bhowiuf? the returns of this road for the half-year ending
Jane
<
,
30th.
average of earnings of the past five years the Reading will be
able to pay interest on all its obligations and about 5 per cent
on the stock, subject to increase as th' business enlirges."
Arrangements for floating new Reading car trusts have
been completed, and the certificates were delivered to trustees
to bo executed. The trust is for $1,200,000, bearing 5 per cent
$421. 472 interest and redeemable in ten years, one-tenth fallmg du3
18,733 each year.
The certificates will be secured by equipment
$410,205 worth $1,333,000. Contract has been made wich Harrisburg
.
—
1886.
Gross eamiDgs, six months
Operating expenses (-57 51-100 per cent)
$942,768
521,290
$1,451,711
831,8/8
Net earnings
Mlioellaneous receipts
*''i2'§??
Total net receipts
Interest and rentals (half-year)
$649,131
2.9,251
Balance above fixed charges
8 >« per cent dividend on preferred stock
$3b9,879
i>z,ii>'i
250,436
$189,769
17.°',000
$189,769
$194,879
Surplus
Louis.— The statement
NashTille Chattanooga & St.
the month of July shows the following
1887.
1886.
Gross earnings
Operating expenses
$ 58,877
$215,256
122,570
Net earnings
Interest and taxes
Improvements
$127,839
$61,727
21,645
$92,686
$53,233
$83,372
$44,467
$36,051
$26,632
131,038
Total
Burplus
7,821
City
lowing roads for the quarter ending June 30 have been
at
Albany
NEW TOBK NEW HAVEN & HARTFORD.
^Quar. ended June 30.—
^9 mos. ended June 30.—.
1887.
Gross earnings
$1,931,135
Operating expenses. 1,3U6.537
188"..
$5,^55,303
3,632,428
1886.
$5,440,320
3,547,991
$624,598
21,931
$658,378
9,793
$1,922,874 $1,392,329
31,911
20,889
Netincome
$6I6,.529
8663,171
204,947
$1,954,785
641,841
$1,913,218
614,841
$163,224
$1,309,941
$1,298,377
214,947
Charges
$131,582
Surplus
--JV. r.
Gross earnings
Operating expenses.
Net earnings
.
Charges
Surplus
*
Chic,
a SI.
^X.
Louis.-.
Y. Out.
West.-.
<t
1986.
1887.
1886.
$376 603
770,752
$784,672
552,197
$33i.256
272,846
$178,216
$.'32,475
$73,'?69
"31,981
•107,125
67,900
$)9,410
27,140
$126,235
$125,350
$3,869
$33,270
1887.
$94-i,968
302,934
Not Including Interest.
r-Buff. Roeh.
;
:
1836.
$1,859,826
1,201,448
Net earnings
Otherinoome
—
The new company will issue $6,000,000 preferred stock,
,
entitled to 5 per cent dividends; $8,000,000 common stock, entitled to the same dividends after those on the preferred stock
have been paid $1,200,000 first mortgage 5 per cent bonds,
running forty years, and $3,300,000 second mortgage 4 per
cent bonds, the interest to be paid only if earned for the first
four years, but to be fixed after that time. The following
directors have been selected for the new organization A. B.
Baylis, E. H. Bonner, H. F. Dimock, J. B. Erhardt, G. J.
Forrest, W. H. Hollister, A, Lichenstein, J. J. McCook, A.
Marcus, W. Mertens, R. Randall, G. W. Smith and G. F.
filed
:
& Northern.—This
road was sold in foreclosure this week for |2, 000,000, and purchased by Mr. H. F.
Dimock of the Bondholders' Committee. The aeseming bondholders have until September 3 to subscribe at par for the new
Allotment will
first mortgage bonds of the new corporation.
be made on or before Sept. 10.
New York
Car Worke to build 800 25-ton gondola cars, receiving in payment car trust certificatesRailroads in New York State.—The returns of the fol-
for
July.
,
[Vol. XLV.
<e
Pitlt.-
1887.
1888.
$551,534
387,256
$M4,962
Net earnings
Otherlncome
$164,278
Total Income
$172,459
111,253
Qrosseamlngs
Operating expenses.
Charges
-Rome
Water.
1887.
<£
Ogd.-
1886.
$743,891
412,911
$658,098
411,301
$28,341
$300,980
7,350
$-•46,797
$28,311
112,822
$308,330
259,595
$254,025
223,314
216,621
8,181
7,228
Stone.
eur.$61,206 df.$34,481
Balance
$30,711
$18,735
Pacific Mftil. At a meeting of the board of directors of
the Pacific Mail Steamship Company a resolution authorizing
St. Louis Iron Monntnin & Southern.— It is is announced
the reduction of the capital stock of the company one-half that Kuhn, Loeb
Co., have taken, at private fale, for
was favorably considered and referred to the executive com- Berlin account, .|7, 000,000 St. Louis & Iron Mountain 5 par cent
mittee, as WES also the proposition to purchase two new bonds. It is stated that the coupons of the bonds covered by
steamers of about 6,000 tons burden each. Estimates on the this negotiation wUl be made payable in Germany, making
construction of such vessels will be asked for both here and in them somewhat different from the same class of bonds already
Europe. It is propoeed to expend $800,000 or $1,000,000 for dealt in in this market.
pirt of these bonds are new issue
the steamers. They are wanted for the company's trade with against new mileage.
China.
Pending the receipt of expected estimates from
St. Paul Minneapolis & Manitoba.— The annual meeting
abroad, it is likely that two suitable vessels will be chartered
was held at St. Paul, August 18th. The
for service. The proposition to reduce the amount of capital of this company
stock was made with a view of resuming the payment of annual report for 1886 7 is not yet printed, but from the abdividends. Vice-President Luterbach made the statem -nt th jt stract read at the meeting the following figu-es are obtained.
the company has a cash balance of about $500,000, and that Gross earnings $8,038,448, expensas and taxes $4,314,895, net
earnings $3,713,533, iaterest paid and accrued $3,l*i'0,409,
the pioperty is in excellent condition.
dividends 6 per cent $1,300,000, balance $343,141; revenue land
Philadelphia & Reading.—The Philadelphia Inquirer in department, $415,783; investment and rent, $514,147; total,
commenting upon the reductions made in the P. & R. rentals $1,274,373; deduct land grants nking fund, $415,782, and fund
gives the following table of rentals due according to the for renewals and improvements, $600,000 $1,015,783; balance,
leases, and the rentals as reduced by the trustees.
In the $257,591.
cases of several companies the rentals vary with the amouat
Stoclc Exchange New Securities Listed. The Governors
of gross earnings upon them, but with these roads the rentals
West Alabama
of the Exchange have added to the list East
will not be much different from what they were.
Is: consolidated mortgage bonds, Nos. 1,110 to 1,709, incluRentals,
Xetc
,,
,
sive, for $600,000, making total listed $1,709,000.
A ante of Cotnpany.
It 86.
lientals
Mine HiU & Sehuy kill Haven
$326,552
$32B,552
Texas & Paciflc— Secretary Satterlee says ' The decree
Mt. (^rbon & Pon Oarbon
36.230
36 260
MUl Creek A Mine Hill
34,616
34 616 of foreclosure has been granted and the road is advertised for
Bohnj-lkill Valley Navigation & Railroad....
30,SaO
so'sqo sale Nov. Sih and 10th. The entire issue of securities came
Little Schu IklU Navigation & Railroad
215,660
215660 into the reorganization, with the exception of some scattered
143992
143992
SSI?,"^"?".^^"™"''
PhlladelpUlii Germantown&Norristown...
293,904
29s'q04 bonds and a little of the stock."
ChestLut Hill haUroad
17,201
]7'lni
Oatawissa....
Toledo & Ohio Central.— The earnings, expenses, &o., for
362,930
362930
North Pennsylvania
890,343
890
343 the year ending June 80, were as below given.
Deliware & Bound Brook
272.248
279 oi
1883-6.
1886-7.
SohuylUll & Lehigh
.:.............
27,015
27 015 Earnings
$;)61,407
$697,989
Shamckin Sunbury 4 LewlsbuTK
50,684
5o'fiS4 Operating expenses and taxes
672,603
573,253
Pickering Valley
23 261
12:779
CoIebrooSdale
36,000
23 045
earnings
Net
$288,S01
$124,736
Allentown
2 316
2 ^i«
Fixed charges
173,376
190,271
Chester Valley
.
17 082
......"..'
Schuylkill Navigation
596.820
379"6Vo
Balance
sur.$98,533 def. $18,640
Susauehanna Canal
__243,668
125,000
United States Bonds Offered.— On Wednesday, Aug. 17,
i3r620,939
^sJIT,^
Keductfon
Jteauciion
$J76,477 Secretary Fairchild opened bids for the sale to the GovernThe Inquirer remarks as to the total fixed charges, that the ment of 43^ per cent bonds under the terms of his recent curtrustees' estimate of $8,555,000 must be increased
"The cular: The total amount of bonds offered was $1,464,950
fixed charges will be nearer $9,250,000 than the sum they
have coupon and $6,761,750 registered, making a total of $8,226,700.
been placed at. Still, of this amount only about $7,250 000
Secretary Fairchild accepted the offer of Harvey Fisk & Sons
is
absolutely payable, the payment oa everything else
'being of New York, to sail $1,000,000 coupon and $1,500,000 regiscontmgeut upon earnings. Nevertheless the trustees have tered 41^ per cents at 109 44-100. All the other offers were
rejected, as they were higher, including one by Messrs. Fisk
Sons of $2,500,000 registered bonds at 110,
.^
compativ
Wisconsia Central.— This company gives notice that truswas paying interest on about $7,000,000 of floating
tees' certificates of common and preferred stock are now ready
makmg a total of about $11,250,000 paid out every year debt
This for delivery. Parties holding old Wisconsin Central Riilroad
Bum has been reiuced to $9,250,000, the company has been
Company trustees' certificates are notified that there will be
supplied with working capital and relieved of its floating
no delay now in exch mging and new certificates are ready
debt
and has been placed in a sounder condition in that a considerAll Boston certidcites will be registered by the
for delivery.
able portion pf its interest is payable only if earned.
Trust Company.
With an Boston Safe Deposit
—
.
&
A
—
—
—
&
:
'
&
.
.
....
-
—
&
I
;
August
'
THE GHRONIGLE.
80, 1887. J
241
amt documents.
Default.— In case of default for nix nionthM In tho ^ymmai
of principal or InterttHt, the truHteo may, on bolng rwiueKwl
by the holders of $100,000 of wiid IxmdM. take ikmmmhIoii of
any ond all the prop<'rly hereby c<niveve<l. and forncUMA thia
ABSTltACTS OF RAILROAD MORTUAUES.
mortgage, and may wll at ])ublic amiion m<> much of mid proppublisli this vveok alwtracts from the following mort- erty aw may l>e necesHarv to diw-lmrge nil arrearn
of interMt.
gages Control Pacific mortgage, dated Oct. 1, 1880 (iulf If any such default shall continue fur one ye^ir, the prinoijMK
Hum
of
all
outstanding
iKjnds
shall l>ecome due and psyaUe,
Santa Fe 1st mortgage, dated June 21, 1871), and
Colorado
and the tnistw may take pos.se«sion of all or any portion of
December 4, 1882, and second mortgage dated Juno 15, ISS.") the projwrty hereby conveyed, foreclose
this mortgage, and
Western Ist mortgage, dated July 1,1887; sell MO much of this pro|)erty as may U' necosHarr, ana apply
Toledo Peoria
Central Railroad of Georgia collateral trust mortgage, dated the prfx-eeds to the payment of all bon<l8 outstanding and the
May 3, 1887; and Minneapolis Sault Ste. Marie Atlantic Ist accrued interest thereon. In case of defaidt of interest onlr,
if, after entry has been made, before sale has taken place, tne
mortgage, dated January 1, 1886.
company shall discharge such interwt, proceedings anall cmmdo
and the property be restored to the company.
CENTRAL PACIFIC RAILROAD.
Trustees. In case of a vacancy in the trusteeahip, the reOF
CENTRAL PACIFIC RAILROAD maining trustee shall nominate some person for said position,
MOl
TO SECURE BONDS
OCT. 1, 1936.
and if the directors of the company approve, the person nominated shall immediately become a trustee hereunder. If three
i Dote.—
October 1, 1886.
Di
successive
nominations shall l)e made and none of them shall
Parties. ^The Central Pacific Railroad Company, of the first
be approved by said dinnitors, said vacancy slxall be filled by a
JMkrt and William E. Brown and Frank S. Douty, both of San
committee of three jx^rsons, si-lected one by the remaining
'rancisco, California, Trustees, of the second part.
rrax
trustee, one by the directors and a third by the two thu«
Property Covered. Ist. All the unsold sections of land selected.
not included within the rights of way of the railroad and tele[See also the application to the N. Y. Stock Exchange to lict
graph, nor used for the construction or operation thereof, or the bonds secured by this mortgage, in Chhoniclb, V.
45, p.
for buildings, etc. thereof, granted by Congress to the Cen179.]
tral Pacific Railroad Co., by an act approved July 1
1863, and
Oregon Riilroad Company (which has
to the California
GULF COLORADO & 8AXTA FE RAILWAY.
been consolidated with the party of the first part) by an act
approved July 30, 1866. These lands, about 8,000,000 acres of FIRST
ON THE GULF COLORADO ,
which remain unsold, are subject to a mortgage dated
SANTE FE RAILWAY, TO SECURE GOLD BONDS
October 1, 1870, to secure #10,000,000 bonds due October 1,
JULY 1, 1909.
1S90, the greater portion of whicli has been paid off.
Date Origfinal deed, June 31, 1879 supplemental deed,
2d. That part of the Central Pacific Railroad situated in
Alameda County, lying west of Niles in said county, including December 4, 1883.
Alathe road formerly known as the San Francisco Oakland
Parties The Gulf Colorado & Sante Fe Railway Coinpany,
meda Railroad, extending from San Francisco to Haywards, of the first part, and John S. Kennedy and Charles M. Jry, of
twenty-five miles, with all branches, buildings, wharves, etc., New York City, Trustees, of the second part,
belonging to the Central Pivcific Company in Alameda County,
Property Covered All railways of the company, now conand used in connection with said railroad.
strpcted or hereafter to be constructed or authorized, includ3rd. That portion of the company's railroad extending from ing structures of every kind, and aU buildings, together with*
ilcpovta
We
:
;
&
&
&
1
—
THE
MORTGAGE
COMPANY
DUE
—
,
,
&
MORTGAGE
&
DUE
—
;
—
&
v,
—
Latlirop, San Joaquin County, to Goshen, Tulare County in
California, a distance of about 150 miles, with all the stations,
rights of way, grounds, etc., now owned and used in connection with said railroad.
4th. That portion of the Central Pacific Railroad extending
from Roseville Junction, Placer County, to the southern boundary of Oregon, with all stations, rights of way, grounds, etc.,
now or hereafter owned and used in connection therewith.
5th. All telegraph lines running along the company's railroads, from Oakland Point to Nile.s, in Alameda Co., between
Lathrop and Goshen, and Roseville Junction and the Oregon
lino, together with all rights and appurtenances thereto.
6th. All rolling stoc^k now or hereafter owned and used in
connection with the said railroads, and also all rights, franchises, &c., appertaining thereto, and also all steamers and
ferry-boats now lielonging to the company, plying upon tlio
Sacramento River or the bay of San Francisco.
7th. Certain tracts of land in Alameda Co, California, containing about 500 acres [described by metes and bounds in the
mortgage.]
8th. The undivided one-half of aU that tract of land in
Mission Bay, in San Francisco, granted jointly to the party of
the first part and to the Southern Pacific Railroad Company
of California, by an act of the California Legislature, "to
survey and dispose of certain salt marshes and tide lands
belonging to the State of California," [also described by metes
and bounds in the mortgage.]
All and singular the property hereby granted, " with the
appurtenances thereunto belonging."
THE BOND.
Fifty-year six per cent Bond.
7)a/e.— October 1, 18^6
Denoyninatim.—^l.OM each.
Amnunl Authorized.— '$\6,O30,O0O; $5,000,0 ^0
to discbarge 5\O00,0OO
mil (irant bonds da'ed Octobiir 5, 1S85.
Ci/uooH or Registered. — Coupon.
Vrineijml ra'i/alile —The principal is payable in United States gold
com October 1, 1936, in New York City.
Tnlerett I'nyati'e.—The interest is 6 per cent per annum, payab'e .\pril
1 and October 1, In United States gold coin, In New York City.
1
t^e land on which they are or may be erected, and all rolling
^tock and equipment, "and all other real an(l personal property now or at any time during the continuance of this trust
belonging to or to belong to said coTipany." etc., together
with all present and future franchises, etc. But all lands
acquired by said company, except those hereinbefore specified and used in connection with said railway, are not hereby
conveyed.
THE BOND.
First
Dote— July
1,
Mortgage Gold Bond.
1879.
Denomination.— ^\ ,000.
Amount Authorized.— ^\'2,000
for each mile of completed road.
Coupon or Reaistered.—C'>apo \ but nmy be r.'glstered a' t"> principal.
- per cent p r annum, payable itaa^
Paynhbe.-T
-Tbc interest is 7
aiy 1 and July 1, in United States gold coin in New S'lirk CitT.
Principal Piiytliie.—£he principal is payable July 1,1909, in Ualted
States gold coin, la tlie City of
Default.
•
•
Interest
New
-
-
York.
—If default shall be made
in principal or interest
for six months, "then and thereupon the principal of all the^
said bonds hereby secured shall be and become immediately
due and payable," and the said trustees, if the said default
continues may, and upon the request of the holders of one
half of the said bonds shall, take possession of, and operate
the property conveyed, "for the purpose of paying equally
the said bonds issued under tliis mortgage;" or, the saia
trustees may in their discretion,and shall,on the written request
of the holders of one half the bonds outstanding, cau.se all the
property to be sold in Galveston, and shall apply the proceeds
to the equal pro rata payment of principal and interest; but
the trustees may in their discretion, instead of taking possession of or selling the property, "proceed by the ordiniary
methods of forelosure and sale under the decreeof acon»petent court." In case of a sale of the property, the bondholders, or the trustees in their behalf, may purchase it.
Trustees.— \n case of the refusal or inability to act of aqf
trustee, the holders of a majority of the bonds ma^ by a oar-
and served upon the surviving tmothen upon one of the directors of tbe
party of tbe first part, fill any such vacancy. But should the
certificate be not so served within sixty days after BOOb
8in\ing Fiin'i. In the year 1895 and in each year there- vacancy occurs,
the surviving trustee shall appoint a tmatee
after, $50,000 of the net income of the road shall be set apart
by an instrument in writing, wliich shall take effect whett
for the redemption of bonds of this issue, and invested under
signed by holders of twenty-nve per cent of the bonds.
tiflcate signed by them
tee, or if none survives,
—
the direction of the directors of the company. Whenever
there is $100,000 in the sinking fund, bids for the surrender of
bonds at a price not exceeding their par value may be invited,
—
Sale of Lands. All the land hereby conveyed (subject,
however, to the terms of the first mortgage) shall be under the
management of the company, which may sell the
same on such terms as shall be agreed upon by the company
and the tru.stee. The purchaser of lands shall be at liberty to
pay for the same in bonds, which shall forthwith be canceled
exclusive
after the first mortgage shall be satisfied. All proceeds from
the sale of lands shall be used in the purchase in the market
of bonds of this issue at not above par, and when bonds
cannot be .so purchased, the trustee may at his discretion
purchase them at the lowest price at which, in response to
advertisement, they are offered,
SECOND MORTGAGE ON THE GULF COLORADO *
SANTA FK RAILWAY, TO SECURE GOLD BONDS
DUE OCTOBER 1, 1923.
2)o<».— June
15, 1886.
PaHies.—Tiie Gulf Colorado & Santa Fe Railway CVtnipa&y
of the first part, and the Farmars' Loiin & Trust Company, of
New York
City, Trustee, of the second part.
C Vired.—A\\ railways of the company, now
constructed or hereafter to be constructe<l or acquired, togetber
Property
with all structures of every kind: all buildings and tl»e land
on which they stand, and all rolling stock and other e<iuipment and "all other real and personal property, now or at any
;
'
THE CHRONICLE.
242
all the
time l>elonging or to belong to said wmpaiiy, with which
present and future franchises," etc. But aU the lands
except those
fcave l)een and may be acquired by said company,
and
acquired for some of the purposes herembefore specihed
liereby contised in connection with the railway, are not
prior
veyed. The iiroperty above conveyed is subject to the
lien of the first mortgage of June 21, 1879.
[Vot.
XLV.
the par value of bonds held by them. The quorum at bondholders' meeting may be defined and such other liy-laws
respecting said meetings made as may seem expedient to a
majority of the bondholders.
Trustees. Any trustee may be removed by a vote of a
majority ui interest of the bondholders, attested by an instrument signed by the persons so voting. Vacancies in the trusteeship shall be filled by the holders of a majority in. interest
THE BOND.
of the bonds outstanding and in case the bondholders fail to
Pecond Morlgage GoWBoad.
make the appointment in the manner provided, the United
paYf.-JuEol5, 1P8D.
.
States Circuit Judge for the Northern District of IlUnois, upon
ZHnominallon —$1,000.
„„„
,
^
,
contrack
main
Amovnl AH/Aonad.-fS.OOO per mile of oonipleteilof tins Issue «'pie- the nomination of holders of at least 1,000 of the bonds, shaU.
Bonds
acqr.lred,
or
oonrtructea,
lie
glrncted. to
Loan & Ti oftt appoint a successor in said trust.
(tiiitinc $2,1 44.000 f ball be deli7frcd to the Fanucis'
Company, to lieexcliatiRf tl for botirts already itsui'd and outstanamg
under the mortRaffc dated AuRUst 1, 1883.
„,
.j
CoHiJon or /.'cois/cretf.— Conpon Imt moy be registered a« to principal. CENTRAL RAILROAD & BANKING CO. OF GEORGIA.
Jnurett Payable— Tha interest Is 6 per cent per annum, payable AprU
—
;
.
,
i
;
land October
1,
in
United States gold coin, in the
UtyofNew
1923, in
PHnii]>ai Pauable.—lhe
United Stntes gold coin, In the City of New Yorli.
^nlting Fmid. —None.
De/ffl«Z<.—Provisions the same as in the first mortgage supplemental deed of 1883 above.
Truitees.—ln case of the refusal or inability to act of any
trustee, the holders of a majority of the bonds may, by a certificate signed by them and served upon the surviving trustee, or if none survive, uiwn one of the directors of the company, appoint a trustee to fill the place.
princii)al
payable October
is
1,
TOLEDO PEORIA & WESTERN RAILWAY.
FIRST MORTGAGE ON THE TOLEDO PEORIA & WESTERN RAILWAY, TO SECURE BONDS DUE JULY 1,
1917.
Date.—July 1, 1887.
Parlies.—The Toledo Peoria & Western Railway Company,
of the first part, and Charles Moran, Thomas Denny and Cornelius B. Gold of New York City, Trustees, of the second partProperty Covered.
TRUST DEED OF THE CENTRAL RAILROAD & BANKING COMPANY OF GEORGIA, TO SECURE GOLD
BONDS DUE MAY 1, 1937.
Date.— May 2, 1887.
Parties. The Central Railroad & Banking Company
Georgia, of the first part, and the Central Trust Company
—
of
of
New
York, Trustee, of the .second part.
The mortgage conveys the following
to them, for the purposes of this deed,
arbitrary valuations as below:
—
Property Covered.
securities and assigns
Valuation in this
Mortgage.
Par Value.
SeciirUUs.
Ocean Steamship Co. Stock
Western Railway of Ala. Stock.. .
Montgomirv Euf;iula Stock
AtLmta <fe West Point R lilway Stock
<St
Eufau!a & Clayton RaiUvavStook...
Port Roynl <b W. N. C. lot M. Bonds.
ei.j.ooo
145,400
100.000
1.460,>J00:
$5,811,400
— All the company's railway, constructed
$250
75
120
ICO
120
100
$1,095,000
1,500,000
.
$4,fl87,000
l,l'2S,000
736,«00
14f.,t00
120.000
1,160,000
3,574,200
THE BOND.
be constructed, in Illinois and Iowa, extending from the
boundary of Illinois, at its coimection with the Toledo
Collateral Trust 5 per cent Gold Bond.
Liogansport & Burlington Railway, westerly to the western X)ife.-May 2, 1887.
• boundary of Illinois, in Warsaw oh the Mississippi River, and Denomination.- $1 .000 each.
including all Amount .l^ilhorized.— $5,000,000.
also from La Harpe to Burlington, Iowa
Coupon or Jiegislered.— Coupon; but may be registered as to principal
the railways, rights of way now or hereafter to be acquired,
only.
and all tracks, bridges and other structures, all depots and iVinci;)a( Poi/oi/e. —The principal Is payable May 1, 1937, In gold coin
ot the United States of America, at the agency of the company in
Other buildings now on the land of the company or hereafter
New York City.
to be placed thereon, and all shops and the land on which the Inttrest
Pat/able. The Interest is 5 per cent per annum, payable May 1
.depots, shops, etc., stand or are to be erected and all rolling
and November 1, In like gold coin, at the same place.
The principal and inte'-est are payable without deduction
Taxation.—
and
all
material
acquired
•stock and equipment
or to be
for any tax imposed or to i)e Imposed by the laws of the State of
acquired for the constructing, operating or repairing of said
Georgia or of the United States.
railroad and including, moreover, all franchises, privileges, Retiremnit hrfore Maturiiy.-Xt any time before its maturity, tti's bond
^tc, relating thereto.
may be drawn by lot, and after notice has l)een given by advertisement, may l)e redeemed by the payment ot $1,100 and accrued inTHE BOND.
terei-t. and when so drawn shall be canceled,
First Mortgage 4 per cent Oold Bond.
Sefurities Conveyed. The voting power belonging to the
or to
<4a8tern
;
;
;
—
f)d/«.— July 1,1887.
securities
Xtenom/iialioji.— Hl.OOO each.
Amount Authorised.— $h,000,COO.
lleghtered. —Coupon, but may be registered.
frlneipal Payable.—The priucipal 1« payable July 1, 1017, in United
States gold coin of the present weii;lit and flueaess, at the agency ot
the company in New ^orkcity.
Jniereel Payable. Tlie interest is 4 per cent per annnm, payable Janeaiy I and July 1, in Hire gold coin, and at the same place, free ot
Goverunient tax.
Omipnn or
-
—
—
Default. First. In case of default of interest or principal
"for thirty days, the trustees shall, upon a written requisition
Signed by the holders of $500,000 of the bonds hereby secured,
«nter upon and operate the property until the same be sold,
and shall apply the net proceeds from said operation to the
payment ratably, first, of the interest, in the order in wliich
.^uch interest shall have become due: and, second, after the
fiayment of all interest due, to the payment of the principal of
he bonds, whether or not due.
Default for three months in the payment of interest shall
Tfender the principal due and payable without notice to the
t>arty of the first i^art but the holders of a majority of the
bonds may, liy an instrument in writing, duly signed by them,
•waive the maturing of the bonds in consequence of such
default.
Second.— In ca,se of default as above specified, or in ca.se of
default in any of the covenants herein contained for three
months, the trustees shall, upon a requisition in writing
signed by the holders of $500,000 of the bonds, forthwith proceed to sell all the proi>erty hereby convoyed, at public auction,
in Peoria or Chicago, Illinois, and shall apply the proceeds
therefrom to the payment of the interest, in the order in which
it shall have become due, ratably
and after paying all interost duo, to pay the principal of the bonds, ratably. And it shall
be lawful for the bondholders so demanding, or a majority of
them, to purchase such property on any such sale.
The trustees may use any legal or equitable methods for enforcing this trust, but in any legal proceedings it is expressly
agreed that the said trustees, or some one named by them,
.snail l)e apjwinted receiver of the road.
Bondholder.^' Meetings.— "i/Leetinga of the bondholders may
rbe ctilleil by the trustees, or in such mode as may be
pre'scribed by regulations formulated by the trustees, but subject
to the power of the liondholders to alter or repeal. Persons
2^h08e names are registered on the voting regi iter in New York
CJity (distinct from the transfer register) shall be entitled,
at
any meetmg of the stockholders, to one vote for every |100 of
;
;
hereby conveyed shall be exercised by the company,
but no lien superior to the existing liens of said securities shall
be permitted, nor any new lien or encumbrance, unless in the
opinion of the trustee, expressed in writing, the same shall
not impair the value of the bonds hereby secured. The company shall receive all the income from the securities conveyed
as collateral until default has been made on the bonds issued
hereunder, in which latter case said income shall be collected
for the payment of the interest on the bonds of this issue.
The company may withdraw at any time the whole of any
particular class of bonds or stocks, or such portion of any of
the same as shall leave in the hands of said trustee a majority
of the entire issue, where such majority has been pledged
hereby, by the payment of a sum of money equal to the values
herein assigned to said bonds and stocks, or by the delivery of
bonds of this issue which, to the extent of their par value and
accrued interest, shall be deemed the equivalent of money.
The money paid may, and at the request of the company must,
be re-invested in United States Grovernment bonds, or in the
bonds of any railroad corporation or State in the United
States, upon which interest lias been regularly paid during
and bonds so purchased shall come
ten successive years
within the operation of this deed. Bonds of this issue so delivered to the trustee shall be canceled.
The trustee shall not join in any foreclosure proceedings
against any of the corporations whose securities are hereby
pledged without the written consent of the party of the first
Any bonds or stocks which may accrue to__the stocks
part.
and bonds hereby pledged, by reason of any reorganization of
any of the said corporations sliall be subject to all the terms
:
of this indenture.
— In case of
default of interest for six months, the
shall, at the
option of the holders of a majority in interest of said Vjoiids,
duly expressed in writing, forthwith become due and payable.
In case of default of the payment of principal at maturity,
or when declared due as above provided, the said trustee, upon
the written request of the holders of a majority in interest of
the outstanding bonds, shall sell so many of the securities
hereby jdedged as said trustee may deem re<iuisite to satisfy
the d.ebt, and shall apply the net proceeds to the payment, ratably, of the principal and accrued interest of all
outstanding bonds. At any such sale the trustee, on the written request of the holders of one-third in amount of these
bonds, may purchase any or ttfl of the securities herein con-
Default.
whole principal sum of the bonds outstanding
AuoosT
Yoyt'il, ut
ritics
by
THE CHRONKJLE.
20, 1881.
not excoodiriK
tliiH
tlio
viiluutiun pliicwl
upon said bocu-
She aD0mmerciaI limes.
inHtruinont.
—
2'rusteen.
In case of the incapacity to act of the truHt<>o, a
majority in interest of the IxmulioldurH may doHi^natu gouio
other trust company to execute tlie trust ; and till such desi>?nation the I'resident of the company, with tli(> written consent
of licilders of lM)nds to the amount of fiOO.OOO par vahie, may
desi;;nate such trust company, in the City of
York or
Pliilailelpliia.
Tlie liolders of a majority in interest of the out-
243
COMMERCIAL EPITOME.
Friday
Niatrr. Aug.
1887.
10,
Tnde move*
along on an even course, proaeoting very
few wlient features, but making In th« agnregata a very tatBtandinfj lionds secured liereby may ut any time remove the isfaotory progrew.
la fact mercanUI« ifTalrt pretont a»
trustee, unci l)y an instrument in writing appoint any other
appearance which ii in marked contraat with the Inertia an(k
trust comi)any as trustee.
semiparalyiin which marks the aspect of financial -irrlia.
AgiUtors in the name of "labor" are lUll troublesome ii»i
MINN. SAULT STE. MARIE & ATLANTIC RAILWAY.
localities, but do not have the wide-spread influence which
IRSTMOKTGAGEONTHE MINNEAPOLIS SAULT STE. they recently exerted. The week will be memorable
for aa
MARIE & ATLANTIC RAILWAY, TO SECURE UONUS unusal number of
railroad accidents. Involving a serious loiv
DUE JANUARY 1, 1926.
of life. The weather has been generally favorable for tb»<
Date.—January 1, 1886.
crops, but of course at this critical Siage of the season soom
Par</e*.— The Minneapolis Sault Ste. Marie & Atlantic Railway Company of the first part, the Minneapolis St. Croix local complaints are heard of adverse conditions. The actio*,
Kiiilway Company of tho second part, the Menominee & of the Treasury Department in buying bonds and pre-paying
Sa\rlt Ste. Marie Railway Company of the third part, and interest is
generally commended.
tho Central Trust Company of New'York of the fourth part.
The speculation in lard for future delivery haa been modProperty Covered.— The railways of the above-named comerately active, but prices drooped under the comparatively
eauics, built or to bo built from Minneaix)lis, Minn., to Ste. free offerings
until today, when there was a slight recoram
[arie. about 473 miles, with all branches and extensions; and
in sympathy with the dearer prices for Indian com.
"all the property, real and i>er8onal, now held or hereafter
on the spot has declined without stimulating busiaets to anjn
acquired" by the said companies apjjurtenant to tho railways
extent, but the close is steadier at 6 65c. for prime city*
or necessary for their operation, including all rollinjr stock, freat
•77i4@6-82)(ic. for prime to choice Western, 7o. for refiood.
supplies, fixtures, and all terminal grounds jind facilities at
to the Contment anil 7 40c. for refined to Soath America.
Minneapolis, Sault Ste. Marie, Sanders' Point and any other
DiOLT CI/>8U(0 PEICKS OF ULBO riTTDRBa.
station, and all rights of way, &c.
Baturd'y. Uond'y. Tiieid'y. Wtdnt'y. TKumfy, JHdawTHE BOND.
Now
I
LmK
Bept dellv'y
Minneapolis Sault Sto. Marie & Atlantic Ist Morttrage Bond.
J)ate.-January 1. 1886.
Dtnomination. -$1,000 Pach.
^wioKiil .I'lMon'jerf.— tlO.OOO per mile of completed road and $4,000
additional pi r mile for ociulpmcnt. brld(?e» coatinK over $10,000,
and tormiiml fruiindB ami fauilltles, but not exoeeoUng tlie amount
actually »'xp<Miae<l Ihcn-for.
Coupon or Jiratslt're<t.—i'iin\ntu: but ma^*
lie
registered.
I'oytilile. —Tha Interest Is 5 per cent par annum, payable In
United States ^old coin, .January 1 and July 1, at the office cr
sg-ncy of tho ronipa'-y In New York City.
Fyincipal PayaMe.—Thn principal Is payalile January 1 1 926, in United
States gold coin at the office or agency of the company in N. Y. City.
Default. In case of default of interest for six months, the
principal of all said bonds shall, at the election of the trustee,
unless a majority of the bondholders direct otherwise, become
immediately due and payable. In case of default as above,
or of failure for six months to perform any requirement hereunder, it shall I)e lawful for the trustee to enter upon and operate the property, and apply the net income to tho payment,
first, of all intiirest ratably, then of the principal ratably; or
tho trustee may rent the said propeii;y and apply the revenue
as aforesjiid.
In case of default of interest, principal, or covenant, for six
months, it shall lie lawful for tlie trustee, on request of onefourth of the bondholders, to sell the projierty at auction, and
apply the net proceeds to the payment ratably of interest and
principal alike.
It shall be the duty of the trustee to act in case of default as
aforesaid u|>on a requisition in writingsigned by tho holilers of
one-fourth of said bonds; but it shall be lawful for a inajority
in interest of the hohlers to direct the sai<l trustee to waive
such default and to discontinue any proceedings taken.
It is further provided that no proceedings shall be taken by
any bondholders to enforce the payment of the said bonds, to
foreclose, or to procure the sale of the property until a requisition, as before provided, shall have been served on the trustee,
and a failure on its part to comply therewith.
Iniereat
,
—
—In case of
the inability of any trustee to act, hi
successor shall be elected at a meeting called by the first party
by a majority of tho bondholders, with the concurrence of the
8a id first party; and in the event of a failure of said parties to
agree, upon application of any bondholder and notice to the
first party, or upon ajiplication of said first party, a trustee
may be appointed by a judge of any U. S. Circuit Court in
Wisconsin.
[See also the application to the N. Y. Stock
Exchange to list the bonds secured by this mortgage, in
Tru.'iteeit.
Chronicle, V.
45, p. 179.]
Leavenworth k Denver Short Line.—The company haorganized in Kansas to build a standard gau^e road from tb"
Missouri River through the counties of Leavenworth, Jeffer
Bon, Jackson, Portawatomie, Riley, Clay, Ottawa, Lincoln
Mitchell, Osborne, Rooks, Graham, Sheridan, Thomas, Sherman and Cheyenne to the west line of Kansas. Estimated
length of road, 430 miles; capital stock, 115,000,000.
Mii^i^onrl Prtciflr.
The company has issued a circular
announcing its control and future operation of the Denver
Memphis Sc Atlantic, now completed from Chetopato Larned,
Kansas, 202 miles. It is reported that all Missouri P<iciflc
road-i in Kansas will stop construction except that now being
built by the Fitzgerald & Mai lory Construction Co. from
Geneseo on the north line of Rice County. This road runs
from Salina to McCracken, where it connects with the D.'nver
—
Memphii
&
Atlantic.
Ttie line is completed to a town six
miles from the we^t line of the State of Kansas, and work is
progressing eastward to the Pueblo end. liailroad Qazttie.
October "
"
Nov.
..
6-03
..
7-00
6-99
6-99
7-08
..
Dm.
"
..
.lanuary
•'
..
6-89
6-08
6-95
8-95
700
U'81
6-91
6-88
8-89
6-94
6-80
6-83
6-82
6-82
6-87
6-78
6-80
6-78
6-78
6-85
fl'VC
6'8a
6-81
6-82
6-87
Pork has been quiet at unchanged prices; old mess, |15^
IIS 25, new do., |m@tl6 35, prime, |14 2S(3|14 50, and clear
il0 75@$17 50. Cut meats have been rather quiet, but clOMy
steady; pickled bellies, 8^g@9c., shoulders, S7^r^6<;., and haix»
12@12J4C.; smoked shoulders, 7@ 7,14c.. and nams 13<al3>^o.
Beef remains nearly nominal. B 'et bams lower at fill 50 per.
bbl.
Tallow in good demand and firmer at 'S^'^QSI^c. SteariDd
is lower at 7>'4'@8c.
Oleomargarine dull at 8c. Butter is dull
atl8@36c. (or creamery, 16@2:Jc. for State dairy and 14@l8c.
for Western factory.
Cheese advanced, selling as high as
laj^c, but latterly declined, closing at lO^^rti 12c. for Stat©
factory full cream. The swine slaughtered at th'i principal.
Western towns from March
1 to Aug. 17 numbered 3,855,000^
against 3,910,000 same time last year.
The following is a comparative summary of the aggregate*
exports from November 1 to August 18.
Pork, lbs
1886-7.
32,H80.P0O
Bacon, &0., lbs
33H.77ij 808
Lard, lbs
242,i51,UU
1885-8.
38,800, hOO
392,827,167
228,12i,450
Dec.
020,0<)»Dec. 34,048.3a»'
Inc.
14.426,191
The speculation in Rio cofifee haa not been active, and al*though some efforts to promote an advance have been app^
rent, their success has not been conspicuous, and to-day there,
was little change, closing dull sellers at 18@18'25c for the
summer and autumn months and IS'SOCalS'SOc. for the mace.
;
distant deliveries, CofTee on the spot has been genarallx'
quiet, but is higher, and fair cargoes Rio are quoted at 19p^o«
Very little has l)oen done in mild grades.
Raw sugars have been more active, the sales to day embracing 2,000 hhd<!. and 6,000 bags, but prices are barely steady afc
4 9-I60. f< r fair refining Cuba, 5 9 32@5 ,5-18c. for Centrifugal,
06 deg. test. RetineJ sugars have been selling more freely.
Molasses is dull. Teas meet with a fair demand. Rice doe*
not seem to have advanced, notwithstanding the adverse cxop
accounts.
Spirits turpentine has been <|uiet, and stocks show som*
increase, but the close is steady at 82>^'332>'^c. Rosins are
unchanged at $1 023^^11 10 for common to good strained..
Tar is firm at $2@$2 05, Crude petroleum certificates bar*
teen more active, but close lower at 59359^^0. Clover seed
has been fairly active for export at 7>^@8c. per lb.
In metals, a speculation in block tin has subsided, and today tho market was dull ; a sale for this month was made all
23'lOc., but the mo e distant futures ivere quoted at £3 50<S
22 55c. The movement in ingot copper has been active at
improving prices. It is reported that one of the principal
Western mines is on fire. To day 400,000 lbs. sold at 10 6O0,
on the spot, 10 75e. for September and 10-873^c. for October.
Interior pig-iron markets are slightly lower.
Kentucky leaf has been rather quiet; sales for the week
are 850 hhds., of which 200 hhds. for export; prices are quoted^
at 4>^(a6c. for lugs and 0}^@ 15)^0. for leaf. Seed leaf tobacco
is mure active; sales for the week are 1,787 oases as followa:
300 cases 1885 crop, Wisconsin Havana, 7^@9>^c.; 300 cases
1888 crop, Ohio, private terms; 154 cises 1885 crop, Oaio,
4J>^@7Jic.; 250 cases 188« crop, New England, private terma;
300 cases 1886 crop, Dutch, 9c.; 100 cases 1885 crop. Datciv
lOJ^c ; 183 cases 1881-83 crops. Pennsylvania. 9@10o.i !«•
cases 1885 crop, Pennsylvania Havana, private terms; 40*
bales Havana, 60c.(a$l 05, and 800 bales Sumatra,
1160.
Ocean freights have been dull and ratee are easier,
at 2d. for grain to leading British ports.
VK%
1
.
8
.
COTTON.
Feiday. p. M., Aug. 19, 1887.
Thk Movekbnt of the Chop, as indicated by our telegramt
#rom the South to-night, is given below. For the week endir g
9,649
this evening (Aug. 19), the total receipts have reached
previous
balee, against 7,270 bales last week, 1,499 bales the
week and 2,581 bales three weeks since making the tottl
againsi
receipts since the Ist of September, 1886, 5,323,097 bales,
de5,387,618 balee for the same period of 1885-86, showing a
crease since September 1, 1886. of 114,531 bales,
;
BeeeipUat-
Hon.
Sat.
224
Oalveston
Indlanola, &o.
«ew Orleans...
Wed.
ru«f.
543
608
....
....
781
908
450
2
10
6
Mobile
502
387
1,131
We
&
Lambert, 24 Beaver Street.
On Shipboard, not cleared—for
Leaving
Aug. 19, *T-
Other
Oreat
tYance. Foreign
Britain.
Ooatt-
None.
None.
None.
None.
None.
None.
3.050
None.
330
None.
100
None.
4,709
None.
100
50
None.
None.
10,850
1,000
New Orleans....
Cbarleston
Pt. Koyal, &o.
^nimlngton
Uoreh'dC.&o.
SoTtoYk
WestPoint.&c
13
31
>»
....
1,881
1
897
707
5,602
4
11
54
52
129
34
54
337
29
16
149
3
1
50
62
....
60
3
1
50
...>
....
4
.•>
....
....
....
....
1
1
2
2
Hew York
....
1
9
....
6
4
3
4
3
....
Boston
Baltimore
3.400
5
....
....
5
....
....
....
1
1
•Hilladelp'a, *o.
—
«•.
29
15
1
....
45
TotaU this week
1,006
1.546
1,165
3,131
1,373
1,428
9,649
...*
For comparison, we give the following table showing the week's
•total receipts, the total since Sept. 1, 1886, and the stock to-night,
4uid the same items for the corresponding periods of last year.
1885-86.
1886-87.
KeeeipUto
Aug. 19.
ThU
Since Sep.
Week. 1, 1386.
•Oalveston..
3,400
712,530
Stock.
Since Sep.
1, 1885.
This
Week
Sew York
Other ports
1,000
1887
10,965
1,114
3,650
980
16,709
91,508
12 373
200
637
8,957
None.
2,800
1,874
16,C65
ll,C0i
181,014
134,424
5,602 1,738,946
34 213,491
54
23,944
337 795,064
31,731
149 368,367
19,212
9 134,824
3,839
6 532,163
4 324,223
3
96,805
5
105,402
1
64,010
45
58,526
HobUe
Florida
Savannah. ..
Br-eWk, &e
Charleston ..
Pt.Boyal,&o
WUmlngton
C&o
Norfolk
W.Polnt,4o.
New York...
...
«illadel'a,4c
Total
9,649 5,223.097
2,525 1,745,320
47 247,226
50,167
259
798,623
16,252
501,712
14,476
101,187
7,821
563,640
284,694
56,723
122,354
66,322
56,539
97
....
7
109
79
3a
381
135
1,901
Seeeipt* at—
ealve8t'D,dco.
Vew Orleans.
Mobile
Savannah
...
Cbarrst'n,<i[o
Wllm'gt'n.Ao
Korfolk
W.
Point, &o.
AU others
...
Sot. this w'k.
1887.
1886.
2,910
dling uplands.
613
1.590
448
216
913
3,302
the total sales foot up this week
9,259 bales, including 4,185 for export, 5,074 for consumption,
bales
in transit.
Of the above,
for speculation and
were to arrive. The following are the official quotations for
each day of the past week.
68.772
3,000
128,984
7,110
10,582
10,924
590
8,089
108.217
34
337
149
9
6
4
108
47
259
97
7
109
79
929
75
557
155
10
69
738
4,402
8,991
6,108
1,899
165
2,865
MxtorU
Sreot
BriVtt.
(%nt<.
France nent.
OslTUton
Sept.
1,
..
8,740
MoMle
839,646
30,332
764,053319,902
Aug. 12 to
Aug. 18.
7'fl
197.079
Str.G'dOrd
L )w MiddV
9
h''«
we
S'.r.L'wMld
938
99l8
934
9',
MlddUng...
Good Mid.. 10
18Ha
6,196
622
54
2,721
137
107
438
42
256
106
1.221
1,175
499
677
11,365
12,362
ttt-
Oontifwnt.
Tot.
104.900
SB0,7»^
Str.G'dMld 1014
VIldd'K Fair 10»B
11'4
Fair
Wed
Ordln y.«k'
Strict, Ord.
Good Ord
Str.G'dOrd
Low Mldd'g
Str.L'wMid
9>4
«»8
H'e
lO's
7's
i'^ia
7«i«
8ia
8''R
8l»i6'
9-4
96,6
b^u
9iji
im
Charleston
...
WUmloKton...
Horfolk
Wast PolnU&«
H«w York
Boston.
Baltimore.
...
I6,80a
ISO
8,871
108
106
PtaUa<lelp'>.<ko
Total.
Total I88e.8e
24,860
8,977
18.3S»
160
8,871
481
843,960
495,78-,
143,208
877.82t
1(9,640
10,857
3,900
8,406
246,621
a,t50
380,128
106,234
817,174
150,271
28.888
13-, 1X15
8.219
58,430
27,171 8,788/48 474.578|l,174.462 4JJ77,586
B,4f8 8592.058
408.'; 39
Lssaws 4,289 586
«^
815i9
9»,a
9>a
9U,„ 9n,g
916,el
9^
IOI4
10»8
IllSje 1113 6
llH
ckwd Ordinary
Vlb.
Good Ordinary...
Low Middling
Strict
7»R
7%
7»s
b«m
7i«
7^8
«»18
9
9
9
9
933
9',8
«3|I
938
9*18
938
9^
9%
10
10
8l',«
yfl
9>2
91'
»'8
lOie
10>4
105,
lOH
1038
lt'>s
10%
B'lfl
9*18
1138
7lt,fl
MARKET AND
9%
10 J4
10 3g
im
Frl.
73)6
7l{,6
8=8
9',8
7>l,8
8»8
9II8
';3i8
711,8
8^8
91,8
9
938
y«,8
9'',
9^^
91''18
9!!»
«l:>,8
1.'I8
101,
105,8
lOHiglOOs
lli>iB
11B,„ 1III4
8
U-"^
ri».
6%
71,8
S38
9>«
*>
9»8
913,,
101,8 101,6
105,6 106,8
10lt,« 101 1
llllje llSl««
10
10 14
101 lie
8I4
"'.l*
10
7i«
7=8
8»,8
6%
6^8
7»,6
8>a
10
Frl. ured TI».
73i«
85^
»'18
9',,
9*8
9!|1
10I4
100a
1114
man Tuea Weo
9^
Vflddllng
76R
8»,8
lOhs
lOha
Sat.
Tnea
~7i8
91i<,8
91Bie 10
lO^iie |103ie
ICOiA 10s>ie
Itlon
711
Wed Th.
^h^
7*8
8»I6
9
938
99l6
TEXAS.
Sat.
7>fl
im im
1138
STAINED.
Fn.
613,g
7>3
7',6
kl"
95l8
SAUSS.
The total sales and future deliveries each Oayduring the
week are indicated in the following statement, for tne convenience of the reader we also add a column which snows at a
glance how the market closed on same days.
SALES OF SPOT AMD TRAKStT.
SPOT MASKIIT
OLOsao
46,80:
SSS,1C» 18.618
B0,4S3 43,968
90,883
7.960
386.826
.
...
97.678
8,160
527,'i03 42.«60
147,621
95,268
8.780
53,211
10%
7l|«
'",8
9''8
9ili,
im
7lifi
Good Mid..
9^
10i«
7
Str.Q'dMld 10 ig
Uldd'g Fair 10>s
8il,«
9>«
|10l8
iiig
'4
7!\l
»'r
IQig
10a»
10^
rtorlda.
Bavaonah
7i«
«'1«
H'b
914
9',„
9»s
b'R
h',«
NEW OKLEANB.
men Tnea
Sat.
714
7
FrI.
h4
377,834 1,481,669
46307
Tnea
Til.
Mlddllne...
air...
—
UPLANDS.
Sat. iTIon
758
8»18
1886, t« Awj. IV. 1881
ertat
lotal
Weeh. Brttatn. Fraiut
—
—
7
1,241
Extmrttd
,,
8.740
from
19.
forward delivery for the week are 312,0C0
F jr immediate delivery
'i^S
BinoeSept. 1. 5223,097 5337,618 4744.061 4813,793 5971,930 4684„'>43
Qalveslon Includes Indlanola; Oharleston Includes Port Eoyal, Ac.
Wilmington Includes Moreh'dClty.<fco.;WestPolntlnolude8 City Polnt,«
The exports for the week ending ttiis evening reach a total
of 27,171 bales, of which 24,650 were to Great Britain, i:,0
to France and 2,371 to the rest of the Continent. Below ar»
the exports for the week and since September 1, 1888.
Weth Endtnt Aug.
Kxported to—
total sales for
bales.
Ordln'y.^S)
Strict Ord..
Good Ord..
3rears,
188!>
984
332
90
203
206
50
367
221
412
1,869
2,447
9,649
1884.
1885.
3,421
2,525
;
The
8,991 5,337,618
172
Cotton for future delivery at this mirket has been quiet for
the week under review. The absence of active influences
or, rather with active influences nearly balancing each other
has prevented any wide fluctuations. The dominant spirit of
the Cotton Exchange has been bearish and yet but a small
impulse was required to cause the "sh'rts" to cover with
some appearance of eagerness. It was not, however, until
Wednesday afternoon, when the full business for export and
home consumption on that day was reported, that l he bulls
showed any degree of confidence. Then the continued small
receipts at interior towns, the small stochs Sculh, and the
rapid reduction of supplies here, together with the growing
belief that New England spinners are carrying but small
stocks of cotton, caused a quick advance, with comparatively
free buying for September. Yesterday there was very little
change; the speculation was sluggish, but the distant options
attracted more attention.
To- day the market opened dull,
but soon became active and buoyant on a better closing at
Liverpool and the strong statistical position of our home
Cotton on the spot has shown a good degree of
markets.
activity, the buying having been quite free for export as well
as for home consumption. Quotations were reduced JsC. on
To-day there
Monday, and advanced l-16c. on Thursday.
was again a liberal business for export, with steady buying
for spinners, and the market closed firm at 9 ll-16c. for mid-
1,080
at ]fari iTKy nnr ha fnr aiT atxaanna
3,400
5,602
Cotall886
Total 1885
913
57,922
11,127
24,865
3,140
i
hViA t.nt.a 1r
Total
None.
None.
None.
187
513
1,030
2,815
21,710
137
In order t hat coniparison nay be made wi ih Other
tfivn hnlntv
Galveston
Norfolk
50
3,456
781
MewOrleana.
17,001
None.
None.
None.
None.
None.
None.
None.
2,815
703,781
3,421
Ind'nola,&o
1886
1887.
1,114
Stock.
Total.
wiie.
2,765
None.
None.
None.
None.
None.
7,200
MobUe
Savannah
....
noilda
-Barannah
Bransw'k, Ac.
Total
Fri.
Thurt.
{Vol XLV,
In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared,
at the ports named.
add similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale
Charleston
Boston
Baltimore
1
THE CHRONICLE.
244
U'head
—
„
Sat
Hon
Quiet
Quiet
Firm
Wed Firm
Thors Finn
Firm
Frl
® H dee
rnes
Total.
«
lie adv..
Ex-
Oon-
port,
tump
Spec- Tran- _ , ,
Total.
tth'ni lU.
765
604
905
765
601
955
7.^,800
1,285 1,192
2,477
46,7>;0
602
2,6001,006
852
47,500
57,600
....
....
60
2?.0
....|
4,185 5,074'
3,606
DelitSales.
29,800
51,600
9,259 312,000'
deliveries given above are aotoallr delivered
revioas to that on wtaion they are reported.
The dally
The Sales and Prices of Fctdres
ing comprehensive table.
eri**.
600
200
100
900
the day
are shown by the follow-
r
AUOUBT
<
2
li.s^
f«s>r
IE?
ml
nil
f3?|
hn f-aS^
IpI
li-«|
fgs::'
the United States, including in
"^^I.
|g>
I
rtft
I;
IE =
lit
I'.
I
BtookailjTerpool
Slock at London
9
l"
H<9
?S<i? c«
I
§:"
1^
w
9* ^
*•
COM > MO
<09
eto
fit
o
<DCO
2
1
»
CHOI
OO
]
"i
Si;-":
u
ocooco COCOCSD
MOW
MM
»S
WW**
CO
l>-ifc
«9
«»
W«M^
Si?''
a
rw^"*
S.«:
CQ
W
»••
tSSp
2
««s»
MM°M
ooos
s
">
teas
w
.^M
fD
s.*-;
»r9 ® ce<oo»
0 MM
M
MM®*^
CC.t>
CO
W OM
CO
"^
QUO
"^
MM=>M
00
t-CO
I-*
too
coco
5
lOtO
M^COM
2
*^
MO
I
ts»
1
2
00
u
oooo
"^
MM
"
*t03tO
®m;
sw:
CD too®
® ®o®
I
105
--
I
to®'"
roOto
I
1
i»»W
CO
5PC0
^
MO
I
^ MO
MM
M— » 000
"«
''
*«;
I
«®
m6
COCO
"•
1
M
M
»«OC0
Om COCO
mmOmo?
S50:
I
tlVoOO
TltMO
37,000
a7|o00
Total Great Britain atook.
Block at Hamburg....
Siook at Bremen
Slock at Amaterdara
Slock at Kiiltor.lam
Stock lit Antwerp
.Slock at Havre
Slock at Marseilles
Slook at Barcelona
Stock atOenoa
Stock at Trieste
68d.O0O
4.300
61,900
39,000
200
857.000
670,000
8.800
88,700
38,000
Total Continental stocks
310,500
976,800
120,000
Aiuer. cott'n iifloat for Eiir'pe.
48.000
Egypt, Bra 7,ll.Ac. ,a(U for K'r'pe
32,000
Stock In United utates ports.. 108,217
Stock In U. S. Interior towns..
17,408
United States exports to-day.
9,140
<P
<9
*•'
*^
g)w:
I
"^
®»:
I
*<
mmOm
fvM__0
ODtO
I
<iao
oa
mmOm
MM®M oaa
<>
coco
!5
coco
«.-:
I
CO
I
CO
MM
MO
2
"^
S.m:
I
®®o®
^1 MmOk mmOm mmOm
«>W Ik COM M
®cooci
cocoo®
I
'
COM
COM
I
9
Aco
MC»
I
2
"
sm:
®® M
o®
lUidOco
MM 00
a® 5^
<i|k
cjooo
I
00*3
Sm:
i
OS
co®o®
oocoOco
M
flaw
co-
2
COM
s
2
"<
:
MM
0005
"^
^50:
I
>
Kk Ik
I
SCO
2
Si*:
MM
cocooco
cocoOco
I
$
I
cocuOco
coco
ceco
ikik
®®
ikik
MO
2
'^
2
Ik Ik
cocoOco
I
5
co'-o
coco
iZco®co
**
MM
CO®
coco
®®p®
5
5
2
T
VI CO
cocoo®
coo
W3»
5
2
"•
*.»:
I
M| co®o® ®S>o®
lk*iOjk
OW CO Ikw CO
coco
ij
®®
coco
2
*^
1
®®o®
ikikCiik
coco
1>»
"<
«*:
Ik
$w:
i4M9
1,300
1,900
127.000
ire.ooo
4,000
48,000
9,000
P,000
3.S00
314,000
6,000
80.000
13,000
10,000
267,300
818,200
420,300
824,300
144.000
29.000
4.000
197,079
40,082
8
988,200 1,366,300
68,000
i«i,r-37,000
29.000
2,U00
12,000
118,427
144,440
15.911
13,035
4,700
«,700
000
60,000
18,000
11,000
Total American
Eatt Indian, Brazil, <fc.
Liverpool stock
liOndon stock
Continental stocks
India afloat for Europe
Egypt, Brazil, &c. afloat
Total East India, Ac.
Total American
688,768
814,169
887,038
901,765
271,000
39.000
160.500
120.000
32,000
161,000
24,000
91,300
144,000
4,000
197,000
22,000
118,200
65.000
2,000
801,000
67,000
186,800
161,000
12,000
622,500
688,765
424,300
814,169
401,200
857,038
727,800
901,765
Total visible supply
Price Mid. Upl.. Liverpool
Price Mid. Upl.. New York
It^The
10^00
2
S.":
toco
MM
xaj
Sl|<id.
10%s
week bave been
bales.
compared with 1884.
Ai THE INTEBIOB TOWNS the movement that is the receipts
for the week and since Sept, 1, the shipments for the week, sAd
tbe stocks to-night, and the same items for the corresponding
period of 1885-86
=
«®
COCO
wa
—
9K9
is
set out in detail in the following statementi
O
2SfSW*P'c;<S 9
StrSBgg^gwj
I i|
s Is
^?»:
sg-a S5>
9 p t
—o
ill
og-*
•
K
.•
»
IJ
&
**
*
of?:
?: o
:
:
«»ga,
!
!
•
;
;
ff"!
•
J?
r=ifi^
'«eo=
CDCOOcO
cocooco
®«
b
Ikik
MCO
I
2
"^
MM-OM*- CO"-
sr'
ik^Oik
ikik
co:
^^t^oi^^^oo
Koa
ko
IJ
COrfi®**
O
S'ud.
10Si«o.
5»t«d.
The above figures indicate an increase in the cotton in sight
to-night of 73,796 bales as compared with the same date of
1886, an increase of 53,037 bales as compared with the correo*
ponding date of 1885 and a decrease of 317,800 bales aa
5
2
'^
co®o®
coo
S'jod.
Oiiuo
OSuc
imports into Continental ports this
CO
!J
1,311.265 1,238.469 1,258.238 1,629.065
—
CCCDO®
M
>
3^
63,7„
—
MM*M tcCO®M
CO ®
OD
1,100
106,000
8,000
82,000
4.000
9,000
800
"SI
Total visible supply
1,311,26.^ 1,238,469 1,288.238 1.620,068
01 the above, the totals of American and other descriptions are as follows 1
Americati
.Iverpool stock
bales 326,000
372.000 451,000 478,000
Jontlnental stocks
180,000
176,000 203,000
234,000
American afloat for Europe...
43,000
20,000
37,000
28,000
United States stock
10S,217
197,079 145,427
144.440
United States Interior stocks..
17,40S
40,(81
18,911
13,688
United States exports to-day..
9,140
8
4,7uO
6,700
o
cocoo® cocoo®
<0®o®
IJ
2
'^
I
COCOOm
ffl®
COCO
R
5
«*:
MM
2
"^
«?;
M
ec® ® ®o®
mOm mmOm
o 00 MM M
COCO
5
Co
00
sis iSS*
ceco
>^*^
<XC6
:oco
MM
MO
*1
"^
s?o;
Ik
00
«-«M_
VCO o® ® ®o® C0®0® ® ® o
o®
030
300
Total European stocks
IndlaooltonaffoRt for Europe.
I;
Sx:
4
33!7O0
20 000
1
a
I
the exports of Friday only.
833,00*
24,000
A
^
Si.'o:
«r:
tSCD^C
"?l®
mOo mmO>^
(t
897.000
30,090
!?
a*
w
M| ®CDo®
to»o®
CD®o®
m^Om mmOm
MM*M MmOm
coco
M MCO M MM O
OCX
o
o ® MCO M
coTc
coco
«® IJ COCO 5^ <cco 5 ®w I?
;
MM
» MM a MM
MM
MW a MM
WCO
MO
Wifa
WCO
I
bale*
,
®® ^ ®*
66
2 M*^
MM
OO^M^
MO
2
^
sScs
CD®
IJ
5
«»:
<0<0o<0
hOm
245
and oWMequently ail the Eoropcan flares ar« brought down
to Thursday evening.
But to make the totals the compl.t*
Hguree for to-night (Aug. 19), we add the item of exporta
from
fill
£
ai
s;
6$
1
THE CHRONICLE.
20, 1887. J
nil
—
:
11
**>-' 10 ry to i^i^MrrG
MCiFebacc^->]^
pCbK) to tC OS 00 00 V^COODC tCIOtv Ob K i^
i(-
H w * core -4
« u ui a "b
'((»>
*•
'h-
b;
1^.
^
flc
H-ro
c «0 c Qt » »
Oi>4Ci3CncwAifkCi;M«4%09»'^'-4000r'Oa
Ik
1)
woeoic; coo;
1
ll
I
I
I
I
l§| Hi
1
j^
M
««
>
;
•
^itoco,
<©if-OiM».
I
l«:
Oil•
ecotooco:
$
:
I
I
;
;
co;
o;
c»^^'
i^^i-^iO
^
mi
icos'-'Wf3--'iii
Ma<ipci055ao
I
I
rii
1
inolaaea sales In September, 1886, tor September, 42,900; Septen.berOotober, for October. 287, yOC; Beptember-Noviimber, for Novembei141,700; September-December, for December, 765,100; September.
January, for January, l,ii8.5,900; Scptember-Februaiy, for Febraary,
1,282,400; Seiti-mber-March, for Maroh, 2.106,800; September-AprUfor April, 1,628.900; September-May, for May. 2.005,900; S<^ptemberJnne, for June, 2.55.^,200 September- July, for July, 2,154,400.
1^* We bave iucluded In tbe above table, and nhall continue eaoL
week to g\ve, the average price of futures each day for each montb. It
win be found under each day foUowlnR the abbreviation " Aver " Th»
average for each mouth for the week Is also given at bottom of table.
Transferable Orders— Saturday, 9-55o.
Monday, 9-45c. Tueaday.
8'45c.; Wednesday, 9'45o.; Thursday, 9-45c. Friday, 9-550,
11
00*^00
I.
CD
QOr-C^
— <l
WOO* c«0»-A — 0DCflO®a»MC^»eOO
00 -qu
«
;
:
c;»MM«
^cots:
»96* V«O09>
;
;
The following exchanges have been made during the week
•03
•25
•08
•07
pd.
pd.
pd.
pd.
to
to
to
to
exch. 200 Nov. for Jan.
exch. 100 Sept. for Aug.
exch. 400 Nov. for Feb.
exch. 100 Jan. for Feb.
I
|
|
|
01 pd. to exch. 200 Deo. for Nov.
-04 pd. to exch. 200 Oct. for Sept.
•! I pd. to exch. 100 Deo. for Sept.
-IS pd. to excb. 300 Dec. tor Sept.
The VisiBLB Supply of Cotton to-night, as made up hy cablt
and telegraph,
is as follows.
The Continental stocks, as well as
those for Great Britain and the afloat, are this week's returns,
a Noo^too:
I
Tne ngnrea
for Umisviiie In ootn years are '•nat.'*
Tbis year's flguros estimated.
totals show that the old intenor stocks have
decreated during the week 1,618 bales and are tonight 32,674
The reouipts 1
bales lest than at the same .period last year.
tbe same towns have been 805 bales less than tbe sun*
t
The above
.
THE CHRONICLR
246
^eek
and since September
last year,
1
•towns are 73,353 bales less than for the
the receipts at
same time
Qctotations for Middling Cotton at
the
all
in 1885-86.
Otheb Markets.—
middling
•In the table below we give the closing quotations of
cotton at Southern and other principal cotton markets for each
-day of the past weee.
OLOSINO QUOTATIONS KOB MIDDtlNO COTTON
Weefc ending
Aug.
19.
9ie
93l6
gig
Galveston...
Mew
Orleans.
.dMoblle
H's
lOH
10i«
10
PbUadelpUa.
Angnsta
8%
9k
....
•et Louis
9S16
pi«
9
93i6
9>9
9
10
10
9
10
10
10
9%
HemptUs
9
93i6
9
Boston
Baltimore....
gifi
10
.Norfolk
Vednes.
Tuet.
9%
9
10
10
-Savasnali. ..
Charleston .
WUmlng;ton..
•
Mon.
Salur.
FH.
but
ii?!"
from
8%
8%
919
9»8
9>«
OSs
9%
9%
9ifl
y-^s
10 14
10
10
10
1C38
ltl4
nok
IOI4
10
10
10
10 ig
10
10)4
IQis
Cincinnati...
10=4
\0H
liOaUvllle....
IQJe
lO^S
9^
9k
9k
10>6
Eeceiptb prom the Plantations.— The following table
<ndi:»tes the actual movement each week from the planThe figures do not include overland receipts noi
tatioos.
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crof
iwdich finally reaches the market through the outports.
Bweipfs at tlu Portj. SVkat Interior Tovms. Ree'pUfrom Planfru
TTmIi
JhuUnff-
1886.
1885.
-JTolylS..
1,972
1885.
1887.
1888.
23,591
8,227
33,848
3,295
22,300
2,581
64,810
57,628
49,807
29,188
27,937
25,018
43,719
47,542
23,987
22,966
82.,
2,194
"
29.
2,588
2,038
9,060
8,125
4,403
8,660
20,578
1,499 21,255
7,270 20,036
8.891
9,019'
••
12.,
"
1».,
1885.
4,600
•
-Aug. 5
1887.
9,472
6,-44
7.624
19,244
1886.
1887.
37
903
869
195
.•1,327
1,678
1,330
2,716
1,936
5,572
5,219
3,580
7,814
8,888
The above statement shows— 1. That the total receipts from
"tin nlantatioas since September 1, 1886, are 5,198,023 bales;
In 188^-86 were 5,369,310 bales; in 1884-85 were 4,74e,090 bales,
a. That, although the receipts at the outports the past weet
were 9,649 bales, the actual movement from plantations was
OnIy_ 8,668 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantatioot
for the same week were 7,814 bales and for 1885 they were
'
3,580 bales.
•
AMOUNT OF Cotton
in Sight Ado. 19.— 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
Bubstantially the amount of cotton now in sight.
1886-87
1885-86.
1884-85.
I
I
1883-84.
Rm'tlptsattheportstoAiig. 19 5,223,09 5,337,618 4,714,061 4,813,793
Interior stooke on Aug. 19 In
excess of 8ept«mber 1
*:!5,074
31,692
2,029
•32,557
Tot. receipts from planta'tnt 5,198,023 5,369,310
4,746.0.')0|4,781,536
Ret overland to Aug. 1
788,880 821,134 610,0«0 573,700
Bonthern consumptJ'n to Aug. 1
391,000 308,000 261,000 296,000
Total In sight Aug. 19
6,377,903 6,498,414 5,620,150 5,650,936
Northern spinners' takings
Aug. 19
to
1,839,426 1,773,462 1,384,179 1,552,763
Decrease from September 1.
*'* *°®° by the above that the decrease in
amount in sielit to^ilhJ""
night, as compared with last rear, is 120,
^ll bales, tue incrlasB as
"''^^^ '^*"''' ""-^ *"« iuoiere ove° isls-sl
^
Ts'^lb^ge-Tales'^'"^^
*
Weather
R eports by Teleob aph.-Out telegraphic advices
^o-night indicate that over a large portion
of Texas drought
considerable damage, and that in some seciions
of
resulting through worms, rust and
districts,
however,
and
in
the
AH=,,I?o^"«f *
particular, the crop condition continues
^uite
^unc"8atiff«pfnr^°
satisfactory.
Picking is making good progress.
tfafoeston. lexas.—U has been showery
on two days of the
Ym.'.^^UT^^^} T'^'^''^ ^«^'y-fi^« hundredths of an inch!
T^''**..''S^'y ^"'«^ °f °«^ c°tton have
arrived thus far.
Sr^ed^hn«
f«
The thermometer hag averaged 81 the
^
'
hlgiieat being 90 and the
lowest 73.
^^w'' «?
«kp^^,-^^
R-fin
L
*
*"?
iLriil
'?i'"'^
'^-^
'^
'e^aming
^'i
^ngiu" a^rtl'fo'd
coaching two hundredths of au inch,
^''' ^''^'-o-ter has averaged 84,
'^^ ^''^ ^'y «» the week
'^?**f-'
'^^^ thermometer has
'^ *''*''^«ranired from 71
ranges
n f„irtrF"^'"°«>
to 100, averaging 80.
2«i;'M.-We have had dry weather all
and Ss'neeTed"''^?*
f^fi^:
the
'
week
^^^"^"^ shedding is reprrtod!
rne crop ot the State 13 as'''^<.
The^crCcf'"ih?^'^''^'^'''*'
fol ows: The reaion Rortl. r,f VvTa
"**' °f *h« ninetee^nth
d°an is
"iufferlt r'?,'f ^'"'^
drought and the crop is materraUr
^ ^'l"^^^
injured. In
the rest of the State cotton is
gwd and v«rv
promising, though not yet out of
*anger Raia^U now neJdeS
''."'"
t*>^ «^'^«"^« no? hern aid
-If^P*
^nbeft^'^r
» ^«^ sections go for
^o^hin^ as^rn-'B!'" "??'''
S.H
Z
r^
^
^"^
—
Cuero, Texas, We have had no rain all the week. Pickis proceeding finely and the crop is splendid.
Average
thermometer 86, highest 100, lowest 73.
Brenham, Texas. It has been showery on one day of the
week, doing no good. The drought ia dreadful and the crop
Picking is progressing actively.
suffers.
Belton, Texas.— No rain has fallen during the week. The
is
irretrievably
injured. Picking makes good progress.
crop
The thermometer has averaged 87, ranging from 73 to 100.
Weatherford, Texas.— Ught showers have fallen on three
days of the week, the rainfall reaching eight hundredths of
an inch. The crcp oottlnues vf ry promising. Average thermometer 84, highest 100 atd lowest 69.
Neai Orleaiis, Louisiana It has rained on three days of
the week, the rainfall reaching eighteen hundredths of an
inch. The thermometer has averaged S3.
Shreveport, Louisiana. Rainfall for the week seven hundredths of an inch. The thermometer has averaged 83, ranging from 75 to 100.
Columbus, Mississippi.— It has been showery on two days
of the week, the rainfall reaching twenty-nine hundredths of
an iuch. It is claimed that caterpillars are spreading and
destroying the top crop. The thermometer has ranged from
64 to 95, averaging 80.
Lel'xnd, Mississippi. Rainfall for the week seven hundredths of an inch. Cotton is shedding a great deal owing to
the dry weather. Average thermometer 80-9, highest 93,
lowest 68.
Meridian, Mississippi. Rust and worms are reported to
be damaging cotton in some localities; otherwise prospects
continue good. Picking is general and the crop is a month
earlier ttaa last year.
A good rain fell on Thursday.
—
S^
9%
9%
9k
9k
914
9>4
IOI4
10^8
The thermomtter has ranged
rain.
71 to 93, averaging 82.
ing
9
9%
9«i
we want no more
9
9 '8
IOJ4
1038
9%
9H
—
S^«
918
9%
938
914
—
Austin, Texas. There has been no rain all the week, and
crops are badly injured. Picking is progressing well. The
thermometer has averaged 87, the highest being 99 and the
lowest 75.
Luling, Texas. The weather has been dry during the
week. Last week's rain did much good, but we are suffering again. Picking continues active. The thermometer has
averaged 88, ranging from 78 to 89.
Columbia, Texas. There has been one light shower during
the week, the rainfall reaching five hundrecths of an inch.
Caterpillar alarms continue; no harm has been done as yet,
9
10
XLV,
—
OH—
Thura.
[Vol.
sS-
—
—
—
—
—
Rainfall for the week forty-three
The thermometer has rang&d from
Qreenville, Miss-iasippt.
hundredths of an inch.
74 to 94.
—
—
Clarksdale, Mississippi. Telegram not received.
Vick.tburg, Mississippi. It has been showery on one day
of the week, the rainfall reaching thirty-four hundredths of
an inch. Average thermometer 8i, highest 101, lowest 65.
tiloster, Mississippi.— Uain has fallen on one day of the
week. The thermometer has averaged 85, the higheist being
98 and the low. st 73.
Helena, Arkansas, We have had showers on two days and
the remainder of the week has been fair. The rainfall reached
twenty-seven hundreiths of ;in inch. The first new cotton
reached here on Wednesday, or at the same date as last year,
but the crop is more forward. R?porls are not as good as
heretofore. There is some shedding, and it is claimed that
worms are all over the country on both sid s of the river.
The thermometer has ranged from 71 to 95, averaging 82.
Memphis, Tennessee. Rain on three days of the week lias
done much good, but more rain is desired.
The rainfall
reached fifiy-six hunlredths of an inch. Rust and shedding
are reported, principally on uplands. Ten new bales received
to date. Average ttiermometer 83, highest 95"5, lowest 71.
Nashville, Tennessee. We have had rain on two days of
the week, the rainfall reaching one inch and thirty-three
hundredt4is. The thermometer has averaged 83, the highest
being 98 and the lowest 70.
Mobile, Alabama, It has been showery on one day of the
week, the rainfall reaching eight hundredths of an itich. In
some sections crop reports are very favorable, but in others
there are complaints of ru-t, worms and sh-^dding, although
no danger as yet. The thermometer has ranged from 71 to
93, averaging 81.
Montgomery, Alabama.— Crop accounts conflicting, bMng
generally very unfavorable on account of rust, shedding and
worms. Some planters assert that they will not make as much
cotton as last year. Doubtless there is considerable falling (It
Bince my last report.
Run has fallen on one day, the rainfall
reaching twenty-four hundredths of an inch, The therm 3m jter has averaged 81, ranging from 71 to 98.
Selma, Alabama, It has rained on one day of the week, the
rainfall reaching one hundredth of an inch.
Average thermometer 7»-8, highest 91, lowest 70.
Auburn, Alabama,— We are having very favorable weatlier
for the crops. Inappreciable riiins fell on two days of the
week. The thermometer has averaged 83, the highest being
93 and the lowest 69.
Madison, Florida. Telegram not received,
Macon, Georgia. Rain h.ta fallen on one day of the week.
Crop accounts continue favorable.
Columbus, Georgia, There has been no rain during the
week. The thermometer has ranged from 00 to 75, averaging 81.
Savannah, Georgia. We have had no rain all the week.
New cotton is arriviag freely. Average thermometer yJ,
highest 97 and lowest 69.
—
—
—
—
—
—
—
—
—
Augusta, Oeorgia,—There have been heavy rains on
t"vo
A
AcorsT
THE (JHRONICLF.
20, 18&7.J
217
WbaTIIBR rtEfORt) FOR Jui.Y.— Below w«. give thn rainfal''
week, the rahifnil reaching one Inch and twentycight hundredths. Crop accounts are Kenerally Kood, thouKli and tberraotneter record for the month of July and pntk»m
I'lanters are spprehensivo of ruttt, whitjh hiin developed to
months of this year and the two preciyiing year*. Th*
i-nnsiderablo extent at n nutnbor of pjints in this Rection.
flgtires are from the records of the Signal Service Bureau,
Twenty-three have
irst new hale received on the llth.
except at iH)int« where they have no station, and at tbos*
"cn received to date. The thermometer has averaged 83, the points they are from
records kept by our own aKenta.
l>i^:li St being 99 and tlie lowest 69.
Atlanta, Weor^/a.— Rain has fallen on one day of the week
the oxtont of one inch and forty hunrliedths. The therS^ln/Uil,
oni'.'tor h»a averaged 703, ranging from OS to 91.
Albituy,Oeornin. Tiio dry weuther during the week has
VIKIIINIA.
Picking is progressing Sorlntk.iiiijirovecl the prospects ten \->et cent.
liitlnrnll.lo
rapidly.
I)«v«r,',r,
The thermometer has ranged from 73 to 96, aver(lays of the
•I
'
.
—
aging 84.
Charleston, South Carolina.— There has been no rain during tlio week. Average thermomoter 79, highest 89, lowest 09.
Columbia. South Carolina. Telegram not received.
tiu tbtirg, South Carolina.— R'un fell on Wednesday to
Cottonthe extent of sixiy-sivtn hundredths of an inch.
Iiieking is beginning.
The thermometer has averaged 79,
lungmg from 69 lo 92.
Wilson, North Carolina. We have had rain on three days
of the week, the rainfall reaching one inch and thirty-three
hundredths. The thermometer Has ranged from 70 to 92,
averaging 83.
India Cotton Movement fbom all Pobts.— The receipts
and shipments of cotton at Bombay have been as foUown for
the week and year, bringing the figures down to Aug. 18.
BOMItAT BB0BIPT8 AND SHIPMBHTB FOB rOOB THABI.
—
—
M.
(
Hill,
UftTtiuila..
RtilbfKii.in
Uus
ruin
.
Ohanatt*—
Kitnftll.ln
n«r»™in..
WUtoa-
Kslnrnll.tn
Dari mo..
Aforganton.—
iUlnfiill.ln
ntlD..
Dn»
«.
CAROL'
CiMrltaton'
Halnfsll.lD
Dars
ralD.
Pucolet—
Kainrall.ln
Days rain
Statebura—
Ralnrill.ln
HhiprunU
Tear Great OmitiBril'n.
Shipmeiitt Sinee Jan. 1.
this meek.
Great
Total. Britain
nenl.
Total.
r.iia..
Alk'n.—
Ralnfall.tn
This
Oontinent.
Days
Reeeiptt.
Days
Tear.
Week.
rain..
CoIumWft.—
Kalnrtli.'.n
18871 8.0aol a.OOO, 5.000 350.00O'6f0.0lK; 1,009.000
1888 7,OC0 10,000 17,000 ai3.000!(i5(>,000 963,000
4.000! 1,442.000
0.000, l,3r>«,00u
674,000
3,000 »81,000
5,000,1,533,000
1885
Zl6,0O0l45i,000
188l! 3.000
6.000 181,000!iJ9S.OOO I.Ot'2,000
3,1)00
The movement at Calcutta, Madras and other India ports for
the last reported week and since the Ist of January, for two
years, has been as follows.
"Other ports" cover Ceylon,
Great
Britain.
for the week.
Oontinent.
Augunt^.—
Halntull.lQ
Days
rain..
Atlanta.-^
Kalntall.in
Days
rain..
'Savannah.^
BalrUall.ia
rain..
OolumbtM.—
Shipments
I
aiiice
January
Rainfall, In
1.
Uaysrain..
UU'i^evlUf..-
(treat
Total.
r.iln..
OKUKUIA.
Days
Tuticorin. Kurrachwi and Cnnonada.
SMpmenIi
Days
Britain.
Ralnrall.la
Total.
Ootitinent.
Days rain.
Rome.—
Ralnfall.ln
Calcutta—
1887
1886
99,000
59.000
121,000
36,000
220,000
1,000
2,000
1,000
2,000
3,000
2,000
3,000
24,000
15,000
3,000
27,000
16,500
5,0c
39,000
24,000
24,000
18,000
2,000
95,0 JO
Madras—
Days
Days
1887
1886
AUotliera18S7
1886
4,000
2,000
,
1,000
2,000
4,000
6O1)
63,000
42,(J00
6ono
1887
1886
Days
6,000
rain..
Cedar Krw.—
,
Ralnfall.ln!
310.000
152,500
148,000
54,500
162,000
OS ,000
9,000
8,000
3,000
2,000
rain..
FLORIDA,
JactaonvineRalnlall.ln
Days
Total all-
rain,
Kiriith.—
Bainfall.in
603
rain..
Jrc«r—
Ralnfall.lr.
Days rain..
5on/ord—
week show that the movement from
the ports other than Bombay is 1,000 bales rnore than the same
week last year. For the whole of India, therefore, the total
Bhipmenta since Jauu;iry 1, 1887, and for the correspondiuji
periods of the two previous years, are aa follows:
The above
totals for the
EXPORTS TO 8UROPB PROM ALt INDIA
Raiafall.ln
Days rain..
Jallaluifaee—
Ralnfall.ii,
Days lain
ALABAMA.
Montgoni*y.—
Balufall.in
Days
rain.
UoirUe.-
Shipmente
Europe
This
week.
to at!
from —
Bombay
TMt
Sinee
Jan.
Since
Jan.
500^
25,030ll.ll5.50O
500i
804.30
8,t.00
1880-87.
TuscalooanRalnfalt.iD
DsTsratn..
Selma—
AND SHIPMKNTB. —The foUow
and for
ALEXA.N~DBIA KEOKIPTB
1.
674,000
130.3CC
1
are the receipts and shipments for the past week
corresponding week of the previous two years.
Alexiivili-ia, Egi/pt,
.1 U.J. 17.
Ralnfall.ln
Days ruin
963,000
152,500
17,000
:4,00C' 1.319.000
Total
This
week.
Sinee
Jan. 1.
week.
1.
5,000 1,009,000
9,000 310,000
All other ports.
1885
1836.
1887.
injr
the
lUlnfallJn
Days rAin»
AuAum—
KalnfalLtn
Daysrula..
LoaiS'ANA
Xe.w Orl&in*"
Kalnfall.in
Days
1385-86.
1884-85.
ruin,.
Bhreveport.
Kalnfull.in
Days rain
Srd.
OotMU-
iUlnfall.ln
Bectlpts (cantars*)—
Tills
Days
week
2,923;600
This
Sitice
week. Sept. l.\
\
3,615',0O0
This
Sinee
week. \Sept. 1.
1
|
This
week.
Sinee
Sept. 1.
Eiporls (bales)—
To Liverpool
To Conilaeut
Total Kiirope
'
A cauiar 18 i^8
ruin..
Uhertylllll-
2,916"600
Since Sept, 1
264.000
1,000 lo3,0«0
232,000
176,000
290,000
203,000
1,000 417,000
403,000
1602,000
Raintail.ln
Days
rain..
MISSIv'Pl.
(MumbuM.—
KalnfaIMn
Days rain.,
/iclowuni.—
Bnlnfnn.ln
ibs.
I-30-
—
Manciiusteb Market. Our report received by cable to-night
from Manchester states that the market is dull for both yarns
and shirtings. We give the prices for to-day bolow, and leave
those for previous weeks of this and last year for comparison :
1887.
32.?
Cop.
d.
7% «8
" 22'7S8 98
Jnlyl5
d.. ».
a
5
2i)|7i4®7lB,a S
5'7i4 »715.8 5
" l'ii7»4 <ji7l6,g 5
" 19 :i4 ®7l6i8l5
•'
Aug.
d.
«.
d.
8'aa6 10>«
8«s»6 10is
8
8
8
8
11
1886.
8>4 lbs.
Shirtings.
Twist.
31»
S610
96 10
1*6 10
we 10
'jftrf"
32t Oop.
A.
5%
d.
d.
a.
7>» .»70b 5
51116?
5»i» 7
7
5>s
1»7»fl
7
1»7ia
51a
854 lbs.
Shirtings.
^i^
UpUls
57j|j I7
8
d.
7
6
97^ S 6
«7<a 5 U
«7i8
,'.
I*
6
6
Ooti'n
Mid.
Uptdt
<rf»
A
g.
«a
»6
«6
46
«6
«a
d.
7
6
d.
e-4»
5»,s
&»iS
11
ih>
(S
6
6
6>4
5»l«
53.8
•?.!
5
Records Uvstrwed
bj- Are,
•
—
r
..
..
.
.
.
..
.
—
—
1
THE fHKOJSJCLF.
248
April.
1
Rainfall.in
2'3I
7'28
7-68
a-61
0-38
Das 8 rain.
10
14
IS
14
4
2-67
2-36
S-75
3-43
2-lt
4-38
11
14
12
rf
2-26
2-63
248
18
4*88
15
11
13
8
2-31
7-69
8-72
20
13
3-77
16
1-90
14
8-06
16
1-58
3-30
6-52
2
14
7
2-30
8-09
7
Days rain..
Memvhis.Bafnfall.in
Days rain..
Atliwood—
8
16
16
2-84
2-88
S-00
6
15
12
j
2-8«
S-60
5
11
6
Rainfall.in
2;_61
8-88
2-68
Days ram..
'
Days rain..
Austin—
W
'
:
1-65
Rainfall.in
'
!
:
IS
TEXAS.
—
rain..
Ratnfall.m
Days rain..
Fort EUiot—
Rainfall.in
Days
14
1
!
11
11
2-80; 3-4b! S'SO
10
1
10
11
10
6-20
7
14
4-10
1-26
9
7
0-97
3-34
U
5
5-26
12
4-80
13
3-60
14
rain..
Rainfall.in
3-82
11
2-54
4-84
6
1
8
6
5
0-74
2-76
6-14
6-76
0-30
3
10
16
11
2
4-12
;
606
0-44
9
8
2-84
2-68
4-67
7-01
10
11
a
10
•
5-04
Days
4
9."
rain..
rain..
6-41
i
15
4-71
0-2!)
8
4-78
7
1-29
7-8-
2-93
2-33
4-73
4-50
e
16
9
10
10
8
9-,41
8-28
3-28
6
1*2(
2-;o
Up
6-19
14
1*62
8
10
7
9
8-08
11
2-57
2-37
2-07
2-97
8
9
10
4
12
3-46
0-92
I-5f
9-02
6-80
11
2
6-12
0-00
1
7-23
10
13
8-4c
12
8
13
3-31 •10-33
3
8
9
9-82
13
7
8
2-27
2-17
5-88
3*17
1-32
2-39
85-0
550
68-0
as-o| 91-0
83-0
38-0
64-0
'
59-0
73-6
61-0
73-0
91-0
61-0
740
88-0
46-0
70-2
90-7
67-4
72-6
86-8
18-6
85-5
41-0
83-2
Average...
8<-9, B5-8
70-.T
90-9
62-1
76-2
96-2
88-3
37-0
84-6
92-4
48-7
68-0
9S-9 101-2; 92-0
62-9 53-91 62-3
75-4 76-9 71-2
83-8
40-6
87-8
86-4
49-h
71-8
89-2
74-4
74-5
Higbest..
Highest...
Lowest...
Average...
67-b
95*0
94-IJ
95-0
85-0,
79-0'
62-0
78-0
680
320
62-4
83-0
37-6
63-3
1
83-1
470
X
68-0
91-0
82-0
76-0
90-U
79-8
90-0
72*0
81-0
95*0
80-0
82-6
720
830
91-5
62-0
77-8
(.2*0
75-0
92-Oi 91-7
70-0! 71-6
78-7! 82-2
95-8
70-0
80-5
92-9
70-8
79-8
92-5
74-5
82-9
1(3-8 100-4
«o-o 65-9
82-4 81-8
£9-7
69-2
82-7
'
800
518
91-2
8n-2
78-3
87-u
60-r>
73-9
on-0
19-5
780
1
110-7.100-7; 97-8
662
63-9
65-7
8u*2
78-7|
81-1
87-7
55-7
74-7
90-6
83-4
77-6
91-8
69-0
78-7
68-4
81-6
94-5
70-5
81-5
92 5
68-3
83-3
93-6
69-0
82-7
91-0
Hl-0
83-3
91-0
73-0
85-5
91*0
71-0
850
93-0
79-0
87-0
960
95*0
58-0
76-0
93-0
60-0
81-0
95-3
08-4
79-9
91-8
85-8
98-7
64-4
98-0
1190
81-0
940
—
88-5
Average...
Liberty Hill-
89-1
Highest....
88-0
69-0
71-5
790 810
860
920
82-0
72-7
90-0
5S-0
76-5
93
50-0
70-5
S3-0
80-3
66
720! 77-0
78-7
84-5
85-5
82-0
80-0
59-0
82-0
29-0
880
88-0
500
90-0
40-0
94-0
30-0
60
60-1
70-4
680
70-0
96-0
52-0
76-C
92-0
62-0
76-0
98-0
64-0
bO-0
92-0
42-8
86-6
88-0
30-5
64-2
90-6
68-1
74-9
92-1
97-3
64-3
78-7
93-1
65-8
7o-4
96-2
88-0
42-0
04-0
84-0
39-0
67-0
80-0
89*0
90-0
87-0
94-(
460
900 950
5»-0' 53-0
72-0 100
TA%
56-
(19-0
75-(.
60-0
75-0
5tt-0
68-0
9.S-0
92-n
34-0
70-4
84-0
44-0
B9-0
oi-o
55-0
78-0
94-0
52-0
75-0
87-0
40-0
97-1/
42-0
64-0
8'9-0
790
96-0
64-U
74*u
01-0
70-0
84-0
86-0
33-0
60-1
86-0
30-0
57-5
88-1
47-(
010
32-1
62-2
71-.'
80-0
45-0
69-1
Highest....
45-1'
Lowest
3
*
3-24
1-8S
Oolumtms.-
6
5
3
3
_6_
10
Highest...
Lowest ...
Average
ncksbm-Q—
.
July.
!
7;-9:
1
389
Lowest
9
1887. 1886. 1885.
94*0
61*0
Gt'<J Coteavr-
9
Jun£.
83-0
48-0
88-0
Orleans.-
0-63
1887.; 1886.1 1885.
78*1
LOaiS'NA.
10
May.
88-0
47-0
70-1
Lowest
Average...
0-92
1887. 1888. 1885.
f4-5
31-5
87-0
38-1
5S-('
561
90-0
49-5
67-9
81-4
34-9
57-1
87-0
44-7
65-0
i
84-4
40-8
85-1
95-5
66 6
73-1
93-2
56-5
71-3
96-e
66-8
74-3
102-5
yzre
85-3' 64-0
98-8
80-7i 76-1
80-5
87-6
47-0
71-1
938
621
83-7
37-3
61-8
320
89-0
41-0
87-0|
34-01
55-1
59-3; 57-4
91-0
52-0
70-6
89-3
Si-1
80-8! 84-8
90-9
60-4
70-6
86-7
39*4
...
63-0
Highest...
Lowest
...
Lowest....
Average...
8U-9
94-0
62-2
80-7
103-0
....
100-0
63-0
80-6
1000
97 9
47-2
70-2
87-9
51-8
70-1
63-0
75-8
S^-0
86-0
48-0
63-9
48-01
97-0
64-0
74-2
94-0
61-0
73-2
96-0
62-0
75-0
92-0
45-0
68-3
87-0 101-9
46-2
62-8
67-4
75-2
89-7
68-8
72-1
90-2
63-2
75-6
i
65-6
65-8
nt-Ol
. .
'Wilson —
S-i-bl
5B-4| 69-7
Highest....
880 930!
Lowest
30-0
eo-2
Average...
3Iorganton
Highest...
—
64-1
33-5
59-4
84-0
85-0
eM-4
96-0
48-0
74-8
920
72-3
70-4
810
77-8
78-8
84-2
940
89-0
51-0
87-0
49-0
72-6
91-0
67-0
74-6
94-0
92-0
61-1'
890, 68-0
88-0
68-01 60-(i
101-0,
b8-0;
66-]
78-2
920 96-0
99-0
52-0
94-0
49-Oi 46-0
92-0
95 -e
68*0
80-6
58-0
83-9
81-0
54-0
65-5
88-0
89-0
58-6
50-0
73-7
92-0
93-0
63-0
86-1
716
78-5
79-9
80-8
iCharlsston.—
.
85-3
33-4
82-6
81-4
39-4
82-4
839
81-4
88-0
42-0
66-0
76-0
40-7
59-6
90-8
69-3; 56-3
92-1
90-0
1
....!
440
50-0
73-3
63-0
79-0
i
809
80-8
800 808
491
«2-5
86-0
52-0
70-9
84-0
35-0
65-8
88-0
37-0
65-8
90-5
30-5
62-3
70-0
50-0
600
64-0
92-6
29-2
63-4
88-0
33-6
63-1
92-8
36-3
62-7
82-0
33-0
60-6
83-4
36-8
89-0
35'5
63-7
83-4
40-0
64-7
86-7j
29-5
81-4
.
89-8
68-7
77-3
96-4
64-0
97*9
92-1
tl9-8i
64-7
79-6
81-7, 79-9
75-1 102-0
53-0
60-0
67-5
72-8
89-0
83-7
73-4
83-9
64*9
75-6
....
94-6
66-0
81-9
890
36-0
64-6
86-1
67-1
....
....
78-8
88-0
48-0
66-9
890
93-0
460
73-9
90-0 101-0
49-0
52-0
73-9
79-5
960
55-0
74-4
85-0
910
320
53-0
72-6
88-0
62-0
70-0
101-5
54-0
7O-0
89-0
62-0
93-9
4S-9
78-7
97-0
47-0
72-2
91-9 103-8
47-0
59-1
70-0
78-9
94-4
62-6
76-5
99*0
88-7
57-1
72-0
91-0
44-0
69-2
83-0
48-0
66-1
97-0
89-7
60-0
72-3
90-2
58-6
78-4
93-0
66-0
77-3
91*2
6U-0
78-2
sp-0
56-0
72-5
93-0
53-8
75-0
00-6
54-5
73-3
99-7
60-0
77-1
93-2
88-5
96-0 101-8 92-0
64-0
69-0 69-0
79-7
BO-4) 80-5
95*2
06*4
8a*5
Oohimbia—
Lowest....
99-6
67-4
77-6
90-a
54-0
72-7
94-0
49-0
71-5
AUtm-
Highest....
94-0
4B-9
72-8
92-0
43-0
67-0
85-0
34-0
62-2
Lowest.
Highest....
liOwest....
Average...
72-
86-0
35-0
82-7
870
. .
43-0
63-4
88-8
65-1
99-0
620
78-2
93-0
90-0
82-0
75-0
580
78-4
92-0
64-5
79-8| 77-5
S2-0
59-0
78-3
92-0
65-0
79-5
....
108-0
87-0
62-0
79-0
88-0 103-5
83*0
67-2
760 740
80-7|
64-0
80-0
....
....
GEORGIA.
A^unuUl.—
Highest...
Lowest....
Average..
^Atlanta.—
Highest...
Lowest....
Average..
,
36-1
63-0
eiv
77-8
103-8
68-8
81-8
97-0 101*4
62-8 81*7
77-9 80-7
61-1
57-1
75-9
42-0
65-6
7i)-8
Ootumbiu.—
83-0
45-0
66-0
350
64-0
85-0
40-0
85-0
88-0
8»-0
77-0
85-0
64-0
73-0
86-0
50-0
70-0
88-0
32-0
B4-0
88-0
81-0
82-8
86-0
87-0
63-6
940
95-0
43-0
71-4
85-0
32-0
88-0
34-0
00-0
91-0
64-0
73-0
60-0
620
84-0
33-0
62-0
91-0
38-0
86-0
36-0
92-0
62-0
Average... 68 6
64-1
8«-0
40-0
65-3
88-7
37-«
87-0
85-8
44-0
88-5
87-8
46-8
87-7
82-2
41*6
67-3
81-2
44-4
84-6
82-3
6O-5
69-4
86-7
84-0
86-0
68-2
90-0
90-0
47-0
68-6
84-0
86-0
Lowest....
Average...
89-8
44-0
69-5
00-8
62-1
71-0
Highest
87-0
830
Ijowest. ,.
Average...
440
a3-o
88-0
67-2
Highest...
Lowest....
Hlghest...
Lowest
Average..
80-0
92-0
69-0
79-0
90-0
87*0
80-0
9O-0
44-0
69-9
94-0
84-0
77-9
94-t
80-0
79-2
09-0
86-0
45-0
66-H
90-0
81-0
75-0
60*0
71-0
77*0
78-0
90-0
6U-0
72-6
(6-0
62-0
70-4
101-0
88-0
79*7
92-0
80-0
76-4
92-0 102-0
81*0
73
78-8
81-5
91-0
79-8
B4-0
67-0
80-8
91-8
56-9
75-8
89-4
65-5
73-7
91-1
95-8
67-8
77-9
94-3
66-9
80-7
801
100-8
B9-3
81-8
93-7
70-2
80-9
94-8
70 8
82-4
86-8
5»-2
74-0
8«-8
69-8
75-1
88-8
63-6
78-7
90-1
86-4
80-4
91-8
89-N
81-4
92-1
H8-9
82-6
87-6
63-0
80*3
91-8
71-0
82-1
90-0
50-0
^2-0' 92-0
8ao
811-0!
7*6
91-0
58-0
74-2
92-0
620
88-2
71-3
79-8
98-0
8tvO
75-4
98-0
74-0
88-6
91-0
71-0
75-3
90-7
54-3
73-9
93-1
67-6
74-4
93-0
61-2
73-9
94-8
64-4
77-6
94-7: 96-5
98-8
87-9
80-5
93-3
86-8
la 1
94-7
88-0
88-0
76-1
90-0
60-0
88-0
63-0
92-5
...
93-0
75-0
890
78
75-6,
92-0
70-0
80-2
,!!
79-9
78-0
58-0
74-3
05-0
71-0
81-0
102-0
720
82-0
90-0
70-0
80-0
94-0
116-0
80-0
95-0
64-U
80-0
96-0
95-(i
81-1.
96*0
630
80-8
Some.—
Highest...
Lowest....
Average..
460
9.3-0
Lowest....
5(.*0
74-!)
H50
FLORIDA.
Lowest....
Average..
Lowest
Average...
AtvhfT—
Highest...
Lowest....
Average...
870
63-3
91-3
56-.S
73-0
57
74-9
84-
70-8
82-7
Sanford—
Highest....
66-8
44-.!
66-1
46-0
880
86-0
79-3
39*7
66-0
84-3
36-3
63-8
Hlghest...
8fi'8
84-0
Lowest.
Lowest
Average...
82-0
86-1
88-5
65-8
92-1
60-1
75-7
93-0
49*7
72-7
88-8
1020
48-1
70-1
61 -H
79'9
95-0
63-9
77*5
86-1
3«-9
oozt
00-4'
91-2 88-9
66-4 51-7
73-Ui 72-2
88-4
410 370
93-3
62-8
77-7
98*3
85-4
77-9
87-1
MobUe..
Average...
Inapprec table •
Dt»-»
t
Obse rvat
52-61
71-71
0118 t Eiken
1
88-0
'?«..<
720
ALABAMA
Hontgom'i/.—
Highest..
Average...
eiostiTHighest...
on
95-2
83-0
79-t-
93-0
100-4
70-4
79-,
91-5
riA-n
7S»-fi
95-0
85-3
79-6
97-6
«8-0
92-:
63-11
790
80-4
78-0
el eyeu
l»:2
tu a
8.1
-H
days only.
1
83-0
98-0
Ii3-1
80-2
91*0
86-0
79-7
63-0
88-0
92*0
60-0
78-0
830
88-3
98*0
87-0
82-0
94-0
87-0
7B-4
93-0
63-0
94-0
86-0
95-5' 95-0
7O-0I 870
Lowest
Average
.
98-0
30-0
62-2
92-0
47-0
70-6
92-0, 90-0
,
94-'
48-
....
....
73-1.
93-0
38-0
85-0
55-0
78-0
61-0
75-7
1
....
95-0
65-0
74-0
78-61 81-0
98-0
52-0
76-1
96-0
6o-0
79-7
....
98-0
99-0
62-0
•80-0
....
65-Ul
82*0
....
....
ARKANS'S
UttURock.86-0
49-0
01-0
83-0
40-0
63-0
85-0
27-0
81-3
88-0
90-0
37-0
66-0
820
Highest...
Lowest
Average
Uighest.
Lowest....
Average...
Mount Ida.—
Highest..
Lowest...
Average.
89-8
33-5
840
i
87-0
45-0
87-0
96-0
59-0
76-0:
76-0
97-0
44-0
70-6
84-f
....
960 910
380
64-0
...
...
66-0
74-7
89-0
05-0
.la-ii
500
71-4
73*0
'
92-0
fil-0
94-0
67-0
80-0
93*0
67-0
83*0
56-0
74-5
92-0
58-0
78-5
95-0
57*0
77*7
94-0
96*0
88-0
81-0
100-0
84-8
81-2
92-0
69-0
77-0
J
.
....
....
....
3-^-0
63-0
HelenM—
—
Hlgoest...
Average...
fort
84-0
96-oi 90-0
88-0
370
960
30-0
5li-0
63-0
400
75-5
54-0
70-0
58-0
620
67-8
79-('
92-0
63-0
76-5
03-0
66-0
79-0
8I-O; 80-1
07-0
66-0
91-3
85-9
30-0;
301
83-8
69*7
84-4
40-0
oi-s
91-8
60-0
70-5
97-9
48-0
73-0
86-3
41-6
65-6
04-8
57-1
75-8
98-9
69-2
78-8
93-0
81-0
75-a
103-8 103*0
65-0 62-0
81-5 79-8
88-7
31-9
59-8
84-9
31-5
68-4
83-11
63-8
50-2
70-7
91-2
44-7
68-1
83-2
41-7
65-2
96-1
01-1
92-1
589
52-0
74-7
65-0
73-3
6O-2I
75-4:
87-2
38-4
63-6
84-2
34-3
80-7
83-8
35-2
63-6
90-5
64-0
73-2
90-0
51-1
71-6
90-2!
41-5,
96
93-0
83-4
75-1
89-0
Smith—
..
640
1
98-6
63*8
800
TENNES'E
KaahvilU.Higbest...
Lowest
Average..
Memphis.
Highest..
Lowest....
Average...
84-0
98-6
86-2
80-7
96-0
66-7
77-0
96*1
67-8
78-S
95-71
900
84-0
79-3
67-3
80-7
96-2
04-3
79-8
98-3
64-0
81-7
96-0
63*0
79-0
97*0
70-0
80*5
96-0
60-0
87*5
98-0
66-0
82*0
j
68-4
Ashwood.-
8:
55-8
77-0
j
81-0
34-0
61-0
87-0
64-0
76-0
88-0
44-0
68-0
88-0
42-0
67-0
84-0
38-0
60-2
90-0
68-0
79-2
91-0
44*0
09-9
88-0
69-0
7.-1
80-0
74-7
91-0
69-0
76-0
101-0
74-0
83-7
96-0
65-3
F6-7
58-9
75-w
86-8
CO-4
74-8
87-7
58-0
78-2
87-6
68-2
79-9
PO-0
67-2
80-3
92-0
73-4
93-4
87-2
82-9
92*5
8;-9
83*8
760
810
87-4
61*4
96-4
60-9
67-0
72-1
93-3
52-2
73-8
96-7
47-:i
91-9
48-6
69-4
77-'
77-i)
91-8
63-2
7f-4
101-6
85-5
82-0
96-7
64-9
80-5
96-0
69-5
80-9
96-0
43-0
69-7
82-0
35-0
59-3
91-2
67-3
73-6
95*5
4--7
72-2
93-0
54-0
73-2
08-7 101-7
59-6 59-6
79-4 79-0
93-0
50-0
74-2
94-0
90-0
48-0
67*3
94-0
64-0
78-8
98-0
59-0
77*2
93-0
62-0
77-9
98-0
70-0
86-0
86*^
100-6
06(
ei-.i
97-5
00-5
79-9
Highest...
85-4
Lowest
340
83-0
23-0
Average...
60-0
69-.
90-0
82-0
59-1
840
81-4
51-2
Average.
694
80-4
48-2
86-5
83-6'
Lowest...
86-2
680
88-7
38-2
63-6
90-2
29-0
68-B
78*9
20*3
53-9
81*1)
33-;.
oOO
39-1
60-0
90*0
28-0
85-0
S8-0
20-0
62-2
^8-0
J2-U
65-u
98-0
43-6
86-0
36-6
70 4
6S7
96-5
65-0
75-0
58-
73-0
iustm.—
Highest.
.
Average..
28-0
58-4
370
1000 92-0
680
77-9
96*0
52-0
78*3
TEXAS.
—
Galveston.
Highest....
80-4
71-9
[
04-5
84-9
Palestine.—
Highest...
Lowest
Average...
fort
87-n
89*9
65-1
EUiot—
Highest...
Lowest...
Average...
920
Ctebume
Lowest
Average...
Austin
—
Lowest
..
A verai/e...
I
Oedar Keys.Hlghest...
Highest....
Highest...
-JacksonvtlU.
Highest ..
.
Highest...
"'1
t^mvth.. .
Average.
Ctarksdale—
Lowest
881
Savannah.—
Highest..
Lowest....
Average...
Highest....
—
980
81-0
78-0
Leland—
Lowest
Highest...
Average...
Average...
.
8.CAROL'A
Highest...
Jjowest
Average...
Pacolet—
Highest.
Lowest...
Average..
^tatebwrg.-
Qreenvitie—
Highest...
Lowest
93-7
69-9
78-3
!
740
27-0
50-5
Lowest...
Average..
.•S6-0
...
80-8
CharloUeAverage...
Lowest
Lowest
94-6
66-0
78-6
93-0
88-2
78-4
93-2
66-3
75-3
Highest...
Average...
Lowest
WeMon.-
Highest...
59-4
1
85-7
32-9
59-9
.
*
70-3
44-0,
lirooktiaven—
Higbest.
Lowest...
Average...
.
86-0
37-0
64-8
88-0
[
13
April.
WUmington-
Highest
94-0
71-0
83-1
90-0
61-0
82*0
36-0
82
Lowest
1-60
H.CAR'LA.
Average
90*0
65*0
1
1
Bl-Sl 65-6i; 75-1
81-0
32-0
85-0
39-0
t4-6
Highest...
Average...
Highest...
Lowest...
Average..
Lowest.
July.
1887 1886. 1886.
1
88-0
33-Q
64-4
Auhum—
Average..
MISSISS'PI.
VIRGINIA
,
Highest...
Lowest
Average...
l-3»
11
1887. 18S6. 1885.
Norfolk.—
Hlgbest
June.
1887 1886 1885.
iShreveport.—
0-03
2
8-15
Ralnfall.ln
Amthi-
Highest...
Lowest....
Average...
ef.
j
•Clebume—
Days
8-05 il-04
1
«
PaksUne—
*
2-83i 2-11
i
1
•OaivesUm.
Rainfall.in
1
Selma—
TBMNES'K.
Sathviae.—
Rainfall.in
1887 1888. 1886
ALABAMA
2 ascaloosa —
ABK'NSAS.
J'ort Smi:lt—
May.
1887. 1888. 1886
Ihermometer
1887 1866 1885. 1887. 18£6 '1885.
1S85.
1887.!l886
—*-*-
Al_^^rv/. *^-N.#»*
18S71 B Il886.ll886Xl^^
XLV
[Vol.
April.
July.
Jit?ie.
Jtfoi).
i
i
BainfttJl.
Days
u
......
.
78-1
Records destroyed by
»-3-0
74-0
89*6
650
76-6
101-6 101*5
66-0 67-0
82-8 840
99-0
70-0
83-2
95-0
6S-0
81-1
9S-0 101-5 103-6
63-5
71-0 70-0
»7-5
83-8
08-0
63-5
83-8
flre.
The following remarks aocompaDy the month's weather
ports for July, 18«7
Uorganton, If.
—We have, for
re
•
:
tlie last
two week', had a great deal
of rain; hi fact, ahoiir, iour-flfi.h8 of the whole, ami it ioolta as .f the raia
lu'ght coutinup, but I hope ot. The ground la now v.-iy we-, but upland o.iru la not bui t. utitlier will lowland corn be hurt, unless rains
continue and ir Ib 11 .odel.
Stateburg. S.
01 the rainfall duriUK the innntli, two inohes and
Bin ty-nine huidreilihN tell nuring tlie last four davs, and or ihla quantity two im hes and tlfiy six hundiedtlis fell during the 29th and 30iU—
bi ginning S. 15 A. M. 9 n and luding .5..')0 A. M. 30ih. Corn iu many
places was damaged by tlie hot spell during the uiid(il.i of the month:
but oott' n, though sulijecied to a good deal .f ehtd.iiug of forms, and
young fruit from the same cause, has time yet to put ou a new growth
•
—
and make a good cro^i.
Oohimbus, Oa. Ou Wednesday, the 27ih. we bad continued and
heavy rains, with sirimg winds, lasting all day and night. Since then
frequent and liaid rains ae<^ompaiiied ny high windr*. All low lands on
the Chattahoochee and Flint Rivers are undei water, th-i ek and
branch lands are overflo *ed and orop« badly washed up. Coiton and
corn liave been b'own down and much seriouR damngr) d' ne. Much
fencing, many bi Idges and milldams washed eutii eiy a» ay. It is impossible as yei to ehtimate the actual damaae, as but few f*rmeis i^an get
to town. Rainfall WedneKday and Wedmsday night,. 7*28 Inohes.
a.
Forsyth,
c oi>ai tons I'T I ue ni onin ravo liole till I he 27 lU. ine
last four daj s we bad a railistor mth lit is beyo ad al 1 pre cedei tfor the
..
.
.
AracsT
THE (CHRONICLE
20. 1887.1
i|iiuntllv »f water Dn-olpltntnd.
DiirtnK tlicau fonr dayi about ton
liiclies of rain fell.
Tli« pfltirt luu'tt ho (Umi-iiroiiH to crop«. A great
ilBiil of ciirn liaa Iwt n lilowii ilowii, nml Ik lyliiK on the Kroniul, anit innnt
Inovllahly n>t iuiIohh iIki oDnditloix hiTt'tirier are moat favorabte.
Tiiri.. lu '[:\nt (liuiKir )f woriuH and mat In rotlon.
- Rilufall 4ti.") IncliiiH iibiivfi ilifi normal.
1.— Wi' bail two ilaya uf winil and rain Morintt iliirinf; the laat
nii'Uth, wblrh did some (laiuaKO to corn, but wu havn beaid
sTho
>oii]|il«lnl of any nrrlous diimaKO to cotton In thin 9'wtlon.
cjtton crop la voiy promli-ln!.', and we antlolpato a largo yield alioiild
"
Wornia hare appeared thickly la
IiIrK I'Oonr to out it oil' luatertally.
-omc scotlona and pluntors are applyloK polnon f'eely.
(iiitnil Coleau, i^a.— The beat has been coinparaltvelr moderate; the
rrcciiicnt ratna a wars kept the air molat and cool. Planuirs aay that
the crop In tbla urigbborhood baa not lookeil so fine for many years.
Biookharrn, .)fit«,— An exoeedlngly warm, rainy month. Not an
entire clojirday.
aretnrille, Jfi>jr.— Tlio weather has generally been favorable. What
rains fell canio In the evenings. The worm wonld lie welcome now, to
oat off some o' the foliage and let air and light to the plant.
Clarktdale. J/i««.— The orous here are In excellent condition. C<>tt«n
suffered stme from blight, out has fully recovered, and is above the
'//, ,l((i.
u.
.
Ill'
219
poands during the same time
last leaaoii.
per bale, Bgainst 448 pounds laat aaaaon. Our dispatch alao
givea the full movement for thia jttx and laat year in baiea of
400 poands each.
Aug.
Ott. 1 to
lialti of
1886-87.
1.
400 lb:
eaeK.
000* omitted.
Bptnnen' stock Got. 1
Takings In October...
lS8ft-M.
Oreat
OonllBritain] nenl.
I
Total.
Ortat
Britain
55,
274,
218.
161,
373.
43S,
267.
wks
329,
388,
379,
272,
708,
560,
856,
3<0,
Spinners stock Nov. 1
Takings In November.
<1,
357,
107,
255,
148,
612,
Total snpplv
Consump. Nov., 4
398,
288,
362,
272,
760,
960,
200,
830.
Total supply
CoDsomp.
Oct., 4
t-8,
average.
Hc;eHa,.lrA;.— Nearly nil the rainfall
wasdnring the Brstiiinodays of the
month, as only 0•^7
fell subsequently. Crops are all represented as doing
except that there la complaint of want of rain In some Hoction».
rains fell in the nolgliborhood. while none fell ou my guage. My
opinion Ib that cot' on ia too aappy that is, la or has been growing too
fast, and you will tind the outcome will noc come up to expeetatijaa.
tiiiely,
Heavy
;
You
will find that nice atallis don't make cotton.
Olebiime, TVj-rw.— The drought continues notwithstanding the alight
raUiH, and corn and cotton are aeilously dainiged in many places In the
county, while In others theae crops are teniarkably promising. At this
moment. In a radius of eight miles arouml the eiiy, vegetation of all
kinds is parching, and all the streams have ceased to tlow. But for our
artesian well thu sufTrring for drinking water would be very great. Oa
the 5tb there was a local cyclou^, lu tiie city only.
Cotton Crop Circular.— Our annual Cotton Crop Circular
for the year ending September 1, 1887, will be ready about the
8th of September.
Parties desiring the circular in quantities,
with their business card printed thereon, should send in their
orders as soon as possible to ensure early delivery.
—
East India Crop. From the Bimbay Company's (Limited)
cotton report, dated July 19, we have the following
Rain has been falling almost oontinuously during the past fortnight
in njoftt of the cotton districts, and slight damage has been done in
some nnimport:inr parts of the Central Provinces, and In one or two
places in the Broach districts the crops have been waslied away, which
will ueoc.<«ltate resowlng. The weather has cleared up during the last
day or two, however, aiid advices generally report the crops in a UourIsbing condition, in some districts of Bengal more rain is wanted, but
no anxiety is felt for the crops, which all round promise well so far.
:
Jute Butts, Baogino, &c.
bagging
—There has
been some
call for
small parcels, but no call is reported for large lots.
and sellers are quoting 5J^(g6c. for 1^^ lbs.,
6M@6Mc- for \% lbs., 6>Y@7c. for 2 lbs, and VA@^]4o. for
standaid grades. Butts are firm and a fair trade is called for.
For paper grades 2i4&2^<\ are th3 figures, while bagging
qualities are field at 2}4@2 5- 16c.
iti
Prices are steady,
wks
Spinners' stock Dec. 1
110,
90,
Takings Id December.
430,
390,
540,
350,
480.
340,
190,
354,
110,-
Tear Beginning September
Monthly
Receipts.
1884.
1885.
18S6.
1883.
1.
1882.
Sept'mb'r
359,203 385,642 315,445 343,812 326,651:
980,58<
October. l,034,4ol 1,055,^24 1,090,385 1,046,092
Novemb'r 1,163,979 1.033,552 1,122,161 1.030,381 1,094,69'
Decemb'r 1,164.88. 1,069,920 1,104,211 1,059.853 1,112,531
January . 644,681 513,393 475.757 487.729 752,82'.
Febmarj
404,1^72
595,59
414,656 261,44a 385.93&
March...
25Si,33i
283,645 163,503 241,514 482.77
Aprtl...
89,l8o
202,866 103,37;.
111.753 284.51;
May
47,t2t
133,117
35,575
45,918
185,523
June
17,648
84.715
^l,8a^
31,68^
78,504
July
14,834
45,917
10,104
19,501
42,299
1881.
429,777
853,195
974,043
996.807
487,727
291.992
257,099
117,595
113,673
68.679
36,890
Total
5.204.947 5,303,007 4,723,913 4.803,977 5,936,515 1,657,377
Pere'tage of tot. port
receipts July 31 ..
98-45
98-91
98'66
98-32
99 04
European Cotton Consumption to August
1.
— We
to-day, by cable, Mr. Ellison's cotton figures brought
August
The revised
down
to
year have also been
received and are given for comparison. The spizmers' takings
in actual bales and pounds have been as follows :
Oct
1.
1 to
Aug.
1.
totals for last
Oreal Britain.
OontinetU.
Total.
Vor 1886-T.
Takings by sptnuors.. .bales
6,032.000
3,071,000
2.961,000
431-4
Average welgiit of bales....
437
432
Takings in pounds
1,293,957,000 1.326.672,000 2,620,629,000
For 188a-e.
Takings by splmiera .. .bales
5,70.5,000
2,915,000
2,790,000
118
Average weight of bales.
451
415
Takings In pounds
1,258,497,000 1,297,223,000 2,555,725,000
According to the above, the average weight of the deliveries
is 437 pounds per bale this season, against 451
in Qreat Britain
4S«.
"wi,
386,
Bia,
32S,
834,
"TvF,
699,
4'.0,
876,
288,
79«,
560,
372,
88,
793,
690.
476,
310,
562,
288.
1.038,
628,
417,
330.
771.
116,
886.
261,
316.
400^
691,
E44,
296,
5.57,
1,101,
568,
*71,
280,
680.
238,
l,0il,
272,
248,
341,
286,
412,
633,
783,
191,
257,
292,
325.
I
589,
293.
697,
1,266,
561,
44(1,
617,
|1,06S,
i,
280,
2-,
'
296,
459,
42S,
426,
721,
885,
168,
346,
361,
373,
539,
719,
755,
370,
851,
840.
1,606,
614,
316,
734,
288,
1,213,
710,
1
Takings In AprU..
385,
245,
511,
339,
896,
631,
199,
337,
446,
370,
049,
707,
Total supply...
Consump.April, 4 wka
630,
296,
900,
280,
1,530,
572,
536,
315,
816,
330,
1,353,
334,
306,
620,
414,
954,
720,
221,
308,
486,
256,
707,
564,
640,
360,
1,034,
1,674,
710,
629,
288.
742,
264,
1.371,
350,
280,
214,
684,
281,
964,
495,
241,
308,
478,
333,
710.
641,
494,
256,
965,
230,
1,459,
53 «,
649,
316,
811,
264,
1,360,
Consump. June, 1 wks
Spinners' stock July 1
Takings in July
233,
255,
685,
172,
923,
427,
234.
335,
517,
281,
781,
616,
Total supply...
493,
280,
857,
280.
1,350,
560,
569,
324,
828,
330.
1,397,
Consump. July, 4 wks
Spinners' stock Aug. 1
213,
577.
790,
245,
198.
743,
Total supply
Consnmp. Dec, 5 wks.
Spinners stock Jan. 1
Takings In January...
Total supply
Consump. Jan., 4 wks
Spinners' stock Feb.l.
Takings
in
February.
Total supply
Consump. Feb., 4 wks
Spinners' stock Mar. 1
Takings In March.
Total supply...
Consump. Mar., 5 wks.
Spinners' stock Apr.
May
Spinners' stock
Takings in
1
May
Total supply...
Total supply...
27
1,030,
6,
868,
483,
683,
636,
603,
645,
593;
679,
854,
The comparison with last year is made more striking by
bringing together the above totals and adding the average
weekly consumption up to
Oct. 1 to
Bates of
Aug.
400
time for the two yetrs.
1836-87.
1.
each.
000« omitted.
Spinners' stock Oct.
Takings to Aug.
1.
1.
Supply,
Oreal
Britain
85,
3,235,
3,290,
Oonsnmptrn 43 week^ 3,077,
1
Weekly Oonsumplion,
00« omitted.
In October
November
In December
In
....
In January
In FebruatT'
In Marcb. .... ...
In April
In.-aay
In June
In July
Our
this
1885-86.
lbs.
Spinners' stock Aug.
have,
TbUO.
107,
191,
464,
.
m
nenf.
118,
—
We
OmUU
33)),
COMPARATIVE Port Rkokipts and Daily Crop Movembnt, Consump. May, 5 wka
A comparison of the port movement by weeks is not accurate, Spinners' stock June 1
aa the weeks in different years do not end on the same day of Takings in June.
the month.
have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named. The movement since
September 1, 1886, and
previous years, has been as follows.
The
deliveries average 483 poumls, agalnat 44S poanda laat year,
and for the whole of Europe the delirerieaareraffe 484'4poiinda
c>ible
213,
72,0
72,0
70,0
74,0
74,0
74.0
74.0
72.0
64,0
70,0
states that
Conti-
Oreal
Total.
218,
3,317,
273,
6,582.
3,535,
2,958.
6,'*2.S.
677,
68,0
68,0
68,0
68,0
68.0
68,0
70,0
70.0
70,0
70.0
Oonti-
nenl.
nent.
Total.
.''.lie,
107.
199,
3.243. 6.389,
6.03 V
3,231,
2,989,
3,3 '0, 6,984,
2.352, 5,841,
790,
245.
140.0
88.
498,
64.0
61.0
61.0
61,0
61.0
64,0
6H.0
66,0
138.0
142.U
142,0
142,0
144.0
142.0
87,8
68.0
68,0
70,0
70.0
70,0
70,0
72.0
lllo
7-2,0
611.0
110,.i
72,0
66.0
140.11
Mr, Ellison
ha-<
revised
743,
131,8
183,0
133,0
131,0
131,0
134,0
136,0
138,0
188,0
13S.0
previous
months' consumption on the Continent y adding one thousand
btles weekly for the whole season. We have a--cordingly
corrected uur statements.
The for*-Koiiig shows that the weekly consumption in Europe
is now 140,000 bales of 400 pounds earh, again.st 188,000 balea
of the same weight at the oorreepoading time last year. Ttia
>
6
:
6
:
. ....
.
THE CHRONICLE.
2oO
Continent
total spinners' stocks in Great Britain and on the
have decreased 133,000 bales during the month, and are now
47,000 bales in excess of last season.
—
Shifpino News, The exports ol cotton from the United
States the past week, a£ per latest mail returns, have reached
19,853 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
the Chkoniole
With regard
last Friday.
New York we
to
include the manifests of all
—
NkwYokk—To
Tolal ialu.
CirLiverpool, per steamers Celtic, 1.240
cassla, 353... C.ty of Chicago, 1,483. ...City of Eome,
44'.
EDKland. 3,«15.... Lennox, 963.. .Nevada, l,651i
15,802
... St. Ronans. 4,592. ...Seivla, 1,260....
150
To Havre, per steamer La Normandle, 150.
359
:-.59
steamer
Ems,
per
To Bremen,
Hammonia,
To Hamburg, per steamers Calitomla; 500
SOO
300.
To Antwerp, per steamer Khynland, 99
To Barcelona, per steamers Chandernagor, 701
4ja
Kbw OKLBANS—To
Boston— To
—
— Roman,
as
HI3I1
iow.
Clos.
d.
d.
<i.
a.
B23 6 33 5 23 6 23
B21 5 21 5 21 5 21
September. 6 21 S21 5 21 5 21
512 6 12 612 612
Sept.-Oct.
Oct.-Nov... 6 06 506 6 08 806
.
i.iij
200
HnraburK, per steamers Ayrshire, 200....
Liverpool, per steamers Pavonia, 414
916
1'330
Total
19,853
.
150
17,132
Total
359
99
1,000
6 03
6 03
5 03
5 09
6 03
5 03
Wednes., Aug. ir
Open Bigh Low.
d.
d.
.
..
Feb.-March
6 CI
6 01
5 01
5 02
(t.
d.
(1.
d.
5 21
522
5 21
6 22
6 19
6 19
5 2!
5 24
5 01
5 01
601
6 01
6 01
5 01
5 01
6 01
5 01
5 01
5 01
5 01
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
Uverpool,steam
Do
d.
hai'n
>«®9ei
^99.4
Havre, steam
>16
6l8
c.
....
....
Bremen, steam.. e.
»3a
»33
Do
... c.
sail
Do
sail ....c.
Do
sail
Fri.
»»4.
«u
....
....
6ie
hi
....
"32
"32
"33
....
....
Ctoa.
OpfJi
d.
d.
d.
5 24
5 21
5 21
6 21
5 21
5 21
5 24
5 21
24
5 21
5 21
5 1-3
5 05
02
5 02
5 23
621
512 5 12 6 13
505 5 05 6 05
!5C2 5 02 5 02
6 01
5 01
5 01
5 01
5 01
6 02
5 01
5 03
5 01
602 602
flour
Bl6
»16
616
30335*
30® 35*
30®35*
30:<»35*
c.
....
---.
d.
....
'19
30333* 30®33*
....
"64*'l0 "t4»3;e "e4»Sl6 ii„a3,e
ll(i»3ij "64^3.
d
sail
....
1*64
I'm
"64
".4
"64
Barcelona,8t6amd.
"e*
d. '>32»'l8 ''3i®'l6 632»3,8 63288;^ 63j®Sj8 "32®''
Gtenoa.steam
'5«4
'^64
1°«4
1564
1»64
"64
Trieste, steam... d.
Antwerp, steam.d. '64®% ^eia^ 164®% '64«% •7f 4-819 Vaifi
*Perl001ba.
—
By cable from Liverpool we have the following
statement of the week's sales, stocks, &c., at that port, We
add previous weeks for comparison.
LiVEBPOOL.
5 02
Etf
ady.
There
Aug.
July 29.
week
bales
01 which exporters took
Ot wUich speculators took
Bales American
..
Actual export
Forwarded
Total stock— Estimated
Of which American— Estlm'd
Total import of the week
Of which American
Amount afloat
Of which American
5.
44,000
2,000
80,000
5,n00
1,000
34.000
41,000
8,000
9,000
677,000
405,000
32,000
9,000
98,000
25,000
Aug. 12.
Aug. 19.
53,000
5,000
1,000
42,000
49,000
5,000
1.000
36,000
6,000
5.000
3,0011
•7,000
638.000
376.000
14,000
8,000
91,000
34,000
5,000
631,000
351,000
52.000
21,000
63,000
25,000
6,0 H.
597,000
32ri,000
21,000
13,000
57,000
22,000
The tone of the Liverpool market for spots and futures each
day of the week ending Aug. 19 and tha daily closing prices
of spot cotton, have been as follows
Spot.
Market,
.t.
12:30 P,
Upl'ds
Wedtieg.
Thurad'y.
Iriday.
In buyers'
Barely
supported
Steady.
Quiet.
fuvur.
Mld.Orl'nB.
6!l«
S'i«
Mid. Sales..
5,000
Bpeo. ifeexp,
SCO
IWure»,
Market
tet, }
12:30 P.M.J
Hartret,
4 p.m.
:
Saturday Monday. Tuesday.
}
Flat at
1-U4 dec.
Steady.
The opening,
Steady.
O'la
5'ia
9,000
2,000
8,000
300
8,000
1,000
Barely
steady at
steiidT at
1-64 dec.
1.84 decline.
Qnlet.
Steady.
Steady.
Quiet.
higheet, lowest
5'l9
5'l8
10.000
1.000
8.000
Steady
500
at
l-«4 ad-
vance.
Very
steitay.
Qnlet
Firm.
are
5 02
6 02
5 02
502
6 02
6 03
Aug. 19.
High Low. Oio«.
d.
a.
d.
525 5 33
52J 522 5 20
5 20 5 23 o20
6 13 513 5 12
6 03 500 5 05
5 25
6 22
5 03
5 03
5 02
5 03
5 02
503
5l'2
5 02
5 02
6 0S
5 02
5 03
5 02
5 02
6 02
5 02
532
5 13
5 08
p. jr..
fairly active,
August
and
19, 1887.
prices are
new wheat
Fluur from
is
somewhat
ground
flours from spring
wheat
scares and wanted, and readily bring very full prices.
There
is an advance of 10@15 cents per' bbl. for corn meal.
The whf^at market opened dearer, with eome appearance of
West
;
rite,
having
its
main impetus from the
but the rather dull export trade, with some eellin^ on
foreign account, not only checked the advance, but gave
prices a
downward
turn,
which continued untU the closing
of to-day's buaines?, with epsculation a
by the feeling that
prices are rather
the position otherwise
good deal obstructed
low for short
sales,
while
discouraging to buying for the rise.
The moderate business on the spot has been about equally
divided between spring and winter growths, and to-day included
No. 3 red winter at 81@81>-.^c. and No. 2 Chicago spring 73)^
@79o., with more doing for export in the last hour.
DAILY CLOSIKO PHICES OP NO. 3 KED WINTER WHEAT.
Sal.
lion.
Tuet.
H'crf.
Thurt.
FH.
September delivery
October d"llvpry
is
81
82H
81
82ie
H-SM
Decemlier delivery
SSi^
8^
81%
January delivery
86M
86
May
delivery
June delivery
90^8
90%
8OI3
81»8
8278
84 H
8538
9ul8
80 1«
81%
8J
84I4
8513
90»8
9II4
8018
8138
82=8
81
85 14
g9'8
901a
80
am
82%
83%
8478
8J»8
90
Indian corn baa fluctuated widely. General and copious
rains over a considerable portion of the West not only checked
the buying on the drought reports, but, causing free sales to
gave way daily to the close of WednesBut yesterday reports of cold weather in the
Northwest, and the belief that the rains had come too late to
do m uch good, ltd to a renewal of the bull movement, which
continued with moderate spirit to-day. Corn on the spot has
been dull, except that on Wednesday a fair business for
export wai done, and tho sales to-day included No. 2 mixed,
by canal, at OOj^OSOJ^c, afloat.
realize profits, prices
day's business.
DiULY CL03LN0 PRICES OF NO. 2 MI.KBD CORN.
Sal.
Mon. TiKS,
Wed. Thura.
September dellveiTf
October delivery
Nuvtmlier delivery
-.
4'J
May
delivery
483s
4778
SO^s
49%
48%
50=8
6OI4
4914
December delivery
Jauuaiy delivery
•
5S%
-.
5-ii8
51%
4^i«
4S'8
499k
4978
5fl8
5178
48%
JW.
491a
4939
4979
5(1 Is
50ifl
51
50%
52%
50ifl
5m
33
Oats have been active, but prices eh ow very little change,
except depression in white grades.
DAILT OLOSISO PKICBB OF NO. 2 OATS.
ail.
Mon. TuKi.
Wed. Thuri.
Ftl.
August delivery
September delivery
and closing pnces of futures at October delivery
Liverpool for each day of the week are given below.
These
prices are on the basis of Uplands, Low Middling clause,
unWs
otherwise stated.
C6;
5 02
5 02
502
however, a difftrence of tone regard-
is,
November delivery
Bales of the
5 02
5
S02
5 02 5 02 5 02 5ca
market has been
a speculation for the
"32
...»
hi
6ie
via Leith d.
Beval, steam
Do
he
6l8
Fri.,
Low.
Fridat,
Tbe
e.
Amst'd'm, steam
Do
»6*
....
sall...<i.
5 02
5 03
d.
for irregu;ar parcels, but fresh
Tiut.
5 03
5 03
5 03
5 02
pressed upon the market, and inside prices are readily accepted
Wednes. Thitrs.
JfOH.
5 08
Hi«Jl
ing the various grades.
Cotton freights the past week have been as follows
Satwr.
511
5 05
5 08
5 03
5 24
5 20
6 20
5 11
5 08
6 03
BREADSTUFFS.
about
the latest dates:
Hkw Orleans -FnrUverpiol-Aug. 12— Steamer Ponca, 1.683.
BALTIMOKE-For Liverpool- Aug. 8-Si.eamer Peruvian, 108.
5 30
511
d.
19.353
1,113
5 20
Open
5 01
5 01
5 03
5 01
6 01
6 01
5 01
Clot,
d.
5 23
5 20
5 20
5 11
5 05
S20 5 20
d.
5S2 523 5 22 6 23
519 5 19 519 518
September 519 519 619 619
6 10 5 10 610 5 10
Sept..Oct.
Oot.-Nov... 6 04 501 5 01 5 01
Nov.-Dec.
d.
Clos.
d.
....
Jan -Feb.
Open High Low.
Lo7u.\ Clos.
a.
Thars., Ang. 18.
Ao«..8ept..
Dec-Jau
of these shipments, arranged in our usual
form, are as follows
Sarc'na. Total.
Liverpool. Havre. Brcm. Mamb. Anl.
800
99
1,113 lf.323
150
359
15,802
New York
20J
200
Wew Orleans
1.330
..
1,330
Boston
The particulars
603
6 03
6 03
5 03
6 03
6 0:1
Tuea., Aug. 10,
619 5 19 5IU
519 519 519
510 5 10 510 610
5 04 5 04 504 5 01
.
6 03
NOT.-Deo.
Dec.- J an ... 5 03
6 03
Jan.-Feb
Feb.-Marcb 6 03
Aug, 13.
Open High
August
Ang-Sept.
August
Neustrla,
OTou.,
Open
.
vessels cleared up to Thursday-
Aug. 13.
Sat.,
XLV.
[Vol.
aCa
SCs
30%
31»8
Si's
31
HIH
32
Si's
32^6
November delivery
33
82%
Eye is qui<t. Barley firm, but unsettled.
good demand.
30"8
31>8
Si's
32=8
3l>4
Sl^g
SUt
32
32
32%
32%
31=8
Barley malt in
EXPOETS OP BREADSTUFFS FOB JCLY, 1887.—The follOWmade up from tlie statement issued by the Bureau of Statis -
1 ing,
-
..
,
.
August
20,
.
THE CHRONICLE.
1887,]
shows the exports of domostic breadRtulTa from the undermentioned customs districts of the United States for the
month of July in 1887 and 1836
ticB,
:
1887.
Qu-ntUie$
140
Value.
48
Detroit
Clarelaod
Lonla.
Peoria
,
17,MN
9.87«
OlhercuB, dlstV,.
80.333
V.irk
18,111
10,083
20.275
9.818
TSS.aSS
873,Q0e
1,101.708
5.3'i.ioa
l.OM
14.0M
Bonton
Philadelphia
79«
84H.MI
o,5e«
I(«.5:a
781,862
348,631
S4«.s.'>;
8.81U
6,801
4.::' II
88.<)<I9
737,804
12.H.7IJ
W.lllMi
HXI,1S0
aao,is8
4,163
74.7S1
8»,7M
sm.neu
i,«ss,7ae
7;9,8I7
8,888,853
1.601.316
New York
is.-ioo
10,849
37.403
84,968
11.801
8,390
S.1.r,97
Buatun
Biiltlmore
NewOrteaDS
Bun F.4\Virm'to.
Other cua.dlst'5*.,
Total. corn
Total, corn-meal
0<iU, bush.
62
I
3
"iVsei
"8,44i
V.747
66,837
83,633
68,858
6.014
10,714
4.751
ISO
819
390
.10
14.731
Ronton
Philadi.-li>hls.......
Baltimore
New Orleans
—
40
'so
.,
133
71
78
42
.
S,00«
8,810
4.571
4.M16
2,117
1,456
432.3.39
14,115
11,461
Ban K.&Wirmto
Other cug.dlst's*.,
Total. oats
Boston
.,
Philadelphia.
4,015
77.518
129
2,»<6
01,000
3,360
SS
1
4O6.180
17,600
Total. o.'\tmeal..,,
Rye, buah.
7,500
8,320
8,113.51)0
1.180.479
8,856.305
8.644.781
8.368.601
I3J.I»
ri»39a
1,984,410
l,498>06
(5,t;i
478,617
5.017.885
9.45«.583
1,338.304
170,a&4
101,087
t0.152.e?8
6.847.943
6.818,fll«
416.091
a58,4i>«
4,671,470
4,597,83>
8,830,718
55,0««
M«484
From August
*
1,
The comparative shipments of flour and ^rain from the eaire
from Jan, 1 to Aug. Vi, 1887, inclusive, for four years
show as follown^
rioar
bbU.
Wheat
bush.
Com
6,421,138
50,509,762
88,975,352
fil,0?8,556
•18B5.
7,059,350
-1884.
6,732,993
3,500.191
648,543
29,255.198
4.480,906
928,859
27,630,930
01,617,011
29,998,977
2,688.886
1,080,707
30,872,064
2,:56,66X
3,334,74*
123,160,382
118,201,186
122,962,171
126,405,989
Oats
Barley
:t9,G^8,524
Kye
....
Below are the
6,617
871,839
26.718
3,508
10.853
6,009
1867.
Veek
Aug. 13.
Aug. 14.
150,122
261,782
761,475
38,298
11,S53
1,225,230
Oom.......
.
OaU
Baltimore
..-.,
Barley....
SanF.&Wirm'te.,
Other cus.dlst'a*.
Rye
6,887
3.503
10.253
6.009
6.140.402
5.607.311
3,06.3.129
27.-^51
5,478,003
l.W^-Wl
928,608
1,«1.S01
88:.9il
1.471,702
362.744
1.618.215
1.506.058
3,526.700
33.140
424.aS2
75S,972
3.079
1.450.658
321.814
13,543,461 11,973,11B
6,518,735
55'*.»0S
IIS4.873
..
New (Orleans
San t.&Wirm'te..
Other cus. dist'a*.
1J533.458
l,«67.34a
Total, wheat
376.128
64S947
Z.Kti
1.081,r,2i
258.732
^V1uatflo^tr,bbu
New York
Boston
Phliudelphla
8>',424
167,05H
274.098 h.l27..375
210,9
1.13:).2!«
27.898
13H.«12
Baltimore
New Orleans
San F.AWirm'te,.
81.V02
8.809
471,41)0
20«.57(J
1,29,S,95»
87.1!09
5511,468
50,625
3.916
140.845
44.695
18,W3
Other cus. 4lat's*..
14.873
178.784
259,832
esiTiis
2.887,801
976.987
4.472.488
1,118,610
870.417
138.404
Total, wheatrflo'r.
r
6((5.244
196.291
lotati.
New
York
BostoH
7,044,118
Philadelphia
Baltimore
New Orleans
6ao K.AWiI'm'te..
1.102.234
2.036.315
Grand
•
1,837.202
1,799.739
4.799,127
1.S21.6H1
S67.K34
2,294,153
174,726
1.657.400
752.814
15.736.218
11.567,624
1,27,^.000
644.610
Other cua.dist's*..
total.
Value of exports from other customs districts for the monUi of July, 1887:
Brazos. Texas
•ChicaB'),
f4,53a
Illinois
Detroit, MichiKan
Dululb, Minnesota
Huron, Michigan
Mliuni, Ohio
New Haven,
$3,550
1.098
235.607
Ck>nn..
3*8^12
Portland. .Maine
125,140
854.445
234,519
12.300
YorktowD,
Vtrffinia.
Total
tl,799,;39
NoTK,— This statement Includes about 98 per cent of the entire export* of the
named from all ports of the country.
Articles
The following are the clojing quotations :—
Total. .„
The
1886,
Fine
»bbl. $2 109$2 80 S mth'n oom. extras. 91 2Sa$3 40
2 509 3 00 3jatherD baiierc'*'in
2 80» 3 20
family brd(..Vbbl 3 50» 4 25
259 4 25 Rye flour, aupartiae..
Pine
90S 3 20
Winter ZX & XXX.. 3 9ia 4 25 Gam meal—
4 20» 4 70
Put<-ut3
Weitem, <he
Brandywlne
ouCaera sapers...... 3 00» 3 20
ust,144
Aug. 16.
109,352
172.083
18 1,379
1,279,179
16.019
6.823
215,270
544,314
849,436
2,820
10,303
1,005,815
4,a7«
21.375
1,654,788
1,622,143
1,896,139
and lake shipments from same ports
rail
3
2
659 2 Oj
2 209 2 »5
2
2
2
509
909
2 90
2
95
Spring, par bash.
Spring No. 2
Flour,
Bed \rlnter. No. 3
Bed winter
White
Goni— West, mixed
jtvWMt. mix. No. S.
Weat. vblte...„.
"W net. yellow
t
TVUitoSouthem..
YiUjwaonthern.
54
52
....»
......
...
....
80
79
Sttj
f>2
82
51
sola
bnsb. 92 O
_... 29>3a
51
33
0at6— Mixed
White.33>s* 33
No.2 mixed......... 81>«9 82<4
31H9 36
No.3 white...
Barley— Canada
.. .... •....
Two-rowml State
State
lb Fa.,
V
.SU-rowi'rt State
.
Malt—Stato, 6-rofod.
State, 2-rowod
Canada
Feas—Canada....,
....
9 82
9 72
• 100
• 66
The movement of breadsKifla to market is indicated in tbe
statenients below, prepared by us from tho figures of the New
first give the receipts at Weste«^
Yofk Product Exchange,
We
458,675
405.!)93
for last fonr
Corn,
bush.
buth,
1,238,301 1.314.892
8;{4,52*i 1,336,822
1,052.942 1.294,525
790,001 1,240,674
Barley,
buMh.
38,298
10,309
9,969
4,854
Tot., 4 w.1,221,029 10,267,078 3,965,770 5,186.903
4Wk8'86. 853,255 7.881.819 5,861.613 4,228.CiO
63.430
51,926
Wheal,
bu$li.
hbls.
Aug.l3,'87 311,ti92
Attg. 0.-87 2Sa,323
.Iuly3u,'87 300.968
July 23,'87 320,117
1,93.\774
2,338,313
2,646.077
3,347,485
Oal$,
The receipts of flour and Krain at the se&board
week ended August 13, 1887, follow:
<7om.
Wheat,
bu$h.
riour.
AtNewYork
bblt.
,,7311.283
SoatOB
70,5i)6
Jlontreal. ......
fhlladslpUa...
Baltimore
13.360
18,848
70,056
fUohmond
KewOrleani...
15,219
124.710
289,562
407.146
733.538
47.481
163.116
1,750
Totalweek... 303,781 3,505.661
week '89.. 297,480 3,522,736
Oor.
16J.40D
27,994
18,317
2>i,301
11,203
buth.
28,653
2.5,931
15,134
28,908
98,627
52,990
ports for the
Barley,
buth.
Oatt,
buth.
buth.
115,955
641,386
154,605
18,366
133,^78
90,192
lu,0J3
sy.
buth.
5.^0
675
•>>•«
4.997
140
567
140
6,239
23,970
23,t)67
216,245 1,071,237
553,850 955,147
17,876
The total receipts at the same ports for the period from Jan
August 13, 1887, compare as follows for four years:
to
I
1887.
8,74C,797
bbls.
flour
'ISSS.
7,610,050
"isae.
8,488.969
*1894.
7,931.432
27,<>J.1,413
33,591,003
32,281.841
17,690,4 74
2,418,534
Wheat.....
Oom.... ...
58,i'a.i70
Oats.... ...
Barley
2.370.036
22.tO»01i
Total Kraln..^
111,370,128103,909,716
67it,507
3,l53,81-.i
110,716,527
89,133,714
Include on^ week extra.
•
several seaboard ports for the week
are shown in the annexed atatement:
The exports f>om the
aajlog Aug.
Eiportt
13, 1867,
WheaL
from.-
Oom.
riowr.
oatt.
Ry.
Ft€U.
Buth.
Btuk.
Sut/t.
183,830
Biuh.
47,8J8
17,lOJ
Hoalreal.
38i8',o'2!i
23,492
ZOlo'Irf
PnuttAel.
410,976
821,304
93,537
5i'.533
3,53(
110,107
63
975
— 49
3,038,096
145,416
209,501
2,802
37.900
1886... 2,439,019
490,362
260,200
53,749
IW,919
Btuh.
Rye—
9
78 »
79'«0
74 •
70 9
47 9
49 9
52 9
50 «
72
1804.
Wetk
weuKs were:
Wetk
tndinq—
o&iiy.
Wheat
58,049,27?;
1885,
Week
Aug. 15.
73,817
Wetk
<lye..,..
Buperliuo.... .........
Spriug urneat extrivB.
Minn, clear and stra't.
\Vlut«-r ihlpp'Kextras.
83,597,232
shipments from Western lake and river
rail
Philadelphia
Philadelphia
32,452,867
one waek extra.
* Include
..bbli.
Bultimure
1886.
1887.
8,171,147
.baih.
Boston
51,i>79
306,010|
Wheat
New York
8.«W
i(,toa
8,016,118
234
208
5,887
Total, ryo
M'luat, buth.
800
887,000
8,028,668
Ploui..^..
New Orleans.
106
I>il>,«fO
181,800
47l'.021
700
206,353
.,
48,17*
47,7*9
184,888
118,t«a
Boston
New York
6,9tt
n.aeo
125.868
porta for four years:
8.800
S9,000
Other C118. dUt's*.
98,817
ajan
"805,8^
..
Total craln
,
Baltimore
New Orleans
.,
San F-iWil'm'te.,
40,418
1,488,861
ilMO
1885..
9,074
,,
1,887
893,880
1»7'....
Oattnf'tl, tb9.
New York
884,8«7
88,480
SIS,9«0
854,088
70.013
788,397
88.000
7B,798
ports
fl
.
Now York
20,511
'"ijm
Nfw Orleans
San K.«\Vir.i.'te..
Other cus.dist***..
0mt4.
1838....
163, lia
a
IS
18
Baltlm<»ro
88,096
Tot. wk. "87.
8wn*wk.'86.
gkoawk.'SS.
Shxa Julv Si
Ctyrn-mral. bbls.
PhilHdelphIa
..
...
Ovlntta
11
Total, bitrley
Cttrtlj buih.
Com.
Wtuat.
•1.408
40,808
8,861
8,844
4,iaa
HUwsakM..
TolMo
St.
Ban K.AWlI'm'te.,
flow.
J<lMlte aiMk4wa< BmkJiAltf
Bo.ston
Now Orli*nna
u
river porta, arraoKod so
to prriinnt the oompara*
for the week ending Aug, 13, 1887, Mtd ttnc^
July 34, for each of the laet three years:
Ofelouo
QWntiHu
husK
New York
New
movement
1886.
Bftrtrv,
PhllH<lel|>h>a.
Baltini'tro
and
tive
Htctiptt at
JttlV.
Sr4aa4tuf$ BxporU.
Itke
251
NtwTork
Bjftoa.
N.
..
1,11.5,922
Bblt.
48.283
26,508
2,82«
2,757
»W»..
•
BalUm'n
N. Drills.
Norfolk..
Tit.
Wk
S'metlme
The
fct
.••:
B^i34
doetlnatiou of the oin.»rta is as beU>«txKXid of lull y>»r for oan*"- •
-^^iii liiiK
We
add
UM
..
.
THE CHRONICLE.
252
period of 1888, the exports to all ports reached 143,990 packages and in 1885 were 118,887 packages. The jobbing trade
1886
1887.
Week.
1886.
Week.
1887.
Week.
1886.
Week,
1887.
Wttk.
forvotek
Oom.
W^eat.
riour.
KaporU
XLV.
[Vol.
was fairly active, and liberal deliveries
were made by the mill agents in execution of back orders, but
Bush.
Buth.
Sunk
Biuh.
Sblt
Bblf.
the demand at first hands was chiefly of a hand-to-mouth
163,fl47
195,7 6 1,470.169 1,191,678 112,476 406.284
OnJSJng
(33,982
character and light in the aggregate. Prices of plain and
16,919
23,189 1,540,386 1,238.341
11,511
Oontln'nt
12,862
1,033
7,000
14,337
7,379
LACAm
7,144 colored cottons remain firm, and stocks are in remarkably
13,593
18,430
19,361
W. Indies
90 good shape as a rule, and much smaller than at the correspond7,559
7,085
Brlt.col'e
"i'.iVi
1,996
959
27,000
515
OtlLO'll'tB
ing time in former years. Print cloths were quitt and a trifle
Total..
209,501 2fi0.200 3,038,055 2.439,015 145.4451 490,362 easier on the basis of 3J^c. flat to 33^c. plus
J^ per cent for 64x
By adding this week's movement to our previous totals -w e 64j and 2 15-16c. for 56x603. Stocks last Saturday and for the
bave the following statement of exports this season and laet three previous years were as follows
to—
Aug.
Aug.
13.
^Mjr. 13.
14.
Aug.
Aug. 14.
in staple cotton goods
Week.
13.
Aug. 14.
:
aeason:
Aug.
Wheat.
Sept. 1,'36, Sept. 1. '85, Sept. 1, '88. Sept.
Mivoftt
to-
If
Aug.
U)
AUQ.
to
14. 1886.
13. 1887.
Aug.
to
1, '85,
Aug.
to
14, 1886.
13, 188T.
Sept.
t^
1. '85
Aug.
14. 1886
Buah,
Bu>\,
6.B05.8S1
4,782,891
45.047.697
21,817,150
83.746.647
39,497,112
528,699
210,'155
38,114. i71
16.775,141
10,215.8»8
17,485,2 S8
23,813j
754.080
1,224.087
5,194
632,661
35,449
36 3.262
81,019
. .
1,0:2,642
810,816
47.922
Weit
7tl2,683
848,165
S,C81
Alt.
503.742
39.363
638,017
3£,79S
171,746
0,;88,8-0
7.239,669
84.284,717
Indies.
Col'nles
Otii. conntr'B
Total
Aug.
13, 1887.
Bblt.
I7n.KlDKdom
Oontlnent
B AC. Am...
Sept.
1. '86,
IS
60,748
73,340
38,517.393
35.37 1,963
58,723,618
supply of grain, comprising the stocKs in granai y
•t the principal points of accumulation at lake and seaboai d
ports, and in transit by water. August 13, 1887 :
Barle
Wheat,
Com,
OaU,
Rye,
visible
,
In itore o(-
buah
HewTork
Do afloat...
3,411.3.^6
Albany
362,0C0
i«.oao
Buffalo
1,817,281
buth.
buth.
bUMf.
462,170
6,850
43.700
26,671
26,439
13,000
9,600
19,931
1,792.580 1,164,213
68,'2'i4
22,045
19i59.)
buth.
1,494,602
41,000
18.400
82,000
28,000
93.000
25,000
Aug. 15,
1886.
450.000
Aug. 16,
1885.
1884.
445.000
153,000
320,000
250,000
405,000
546.000
310.000
195,000
228.000 1.173.000 1,456.000
ginghams, cotton dress goods and hosiery were more
active in jobbing circles, and in fair demand at first hands.
Domestic Woolen Goods.— There was a fair business in
light-weight clothing woolens, with m03t relative activity in
cheviots and fancy cassimeres, and desirable makes are steadPrints,
held at ruling rates. Worsted coatings and suitingd were
only in moderate demand, and there was a light business ia
overcoatings and cloakings. Jersey cloths ruled quiet, but
etcckinets and sackings continued in steady request. Satinets
233,301
126 733
Do afloat..
miwaakee
1,044,432
1,458,009
1,290,238
Dnlntb
XMedo
613,370
40,000
4.483,327
60,000
40,000
137.953
126,000
5S4,414
1,027.012
32,775
Detroit
OsweKO
BLLoalB
afloat,
Onclnnatl;!
Boston
*Xoronto
Montreal
nuiadelphla
Feorla
IndlanapoUs
Baltimore
Minneapolis
Bt.Panl
On Mississippi
On lakes
. .
On canal & river
17,940
20^895
74.897
36,881
29',165
19,000
46,454
1,436
12,196
230.279
14,000
81,671
97,533
262,.'>0O
Kansas City
471
8.728
3,135
45.000
1,130,905
235.731
1.214,118
2.904.930
140,000
89.300
1.764,539
2,483.000
171.535
993.342
365,200
539,652
80.000
118,986
23,0J0
152,668
123,092
188,221
22,500
11,571
1.135
I
TotAug.
16,'81l 18,652,739
1,000
16,995
36.000
21,000
493
4.000
12,253
8,000
1,684
29,C00
2,168
36,308
1,800
2,692
1,828
631
21.600
601,064
Tot.AUK. 13,'87. 32,770,061 6,802,771
Tot. Aug. 6,'87. 33,' 91,097 7,309.148
Tot. Aug. 14,'86. 38,017,403 &, 822,403
Tot. Aug. 15,'8.i 40,H83.195 5,278,153
3,719,831
2.868,400
2,541,164
2,683.6 )0
4,804,412 1,812,713
116,600
301,434
305,411
49 ',242
197.291
358,148
in better demand, and there was a very fair movement
Kentucky jeans and doeskins, at firm prices. Staple and
fancy all-wool and worsted drets goods were distributed in
considerable quantities by agents and jobbers, and leading
makes aie steadily ht Id. Flanm Is were in moderate request,
as were some grades of blankets, and prices remain firm.
Carpets, shawl?, skirts, wool hosiery, heavy underwear and
were
in
afloat...
OblcaKo
Do
Stock of Print Ololht—
1887.
Held by Providence manuf'rs. 160,000
Fall Klver manufacturers... 133,000
Providence speculators
72,000
Outside speculators (est)
85,000
ily
The
Do
Atig. 14,
Total stock (pieces)
i
66.08
13,
131,031
125.923
317,706
10^,437
178,385
fancy knit wcolens were severally in fair demand by
the corresponding periods are as follows:
B
2:
t
a
•
'
.
;
•
•
''ll^
op
ct
9
O
s;
d
I
•
THE DR 7 GOODS TRADE.
Yobk, Friday, P. M., Aug.
CO CO
is
ti <J
it^
MO&r
COCO
I
ou
D'or the similar
OS CO to to oa
«>o.
CCX
WW
O
-4 GO
-vj
X 0: *»
*•
CCQO
t^ CD
*vj
OS
M
01 J)
(OCOQOUOO
X
MOOO«0S
o:w*'^CO
,^-*rf^O'pJ0«
^to
co'toV-VM
M-JOiOlQO
-qVobi'co
tOM
ODO
COCOK. to
CO To
M
to
K)
OSM
cox — *» QD
Wtorf*.
X'
OS®
WOl
r-tM
pspy-pw
CO^
X C O X CO
tfwQOO-.CoV
CO -J
VI CO
X^-Jtttf*.
Oh-COtO®
to o
O 3i <0
C)«00_^CtO*.
OCIO
»— "-CfltCOD
MCCCO^^
to)t.toy«<i
o*
00 **
«0-^
'r-Vn'tOCn
V to CO' CO
CCQOXQOCO
'OO
co-c.c;»(fc
COi^O^-a^
X10*J»-C0
c;>0)CotoeD
or
SI
00 CO 00 OS -g
MH to to pi
5"KI
(DQO
PS
M*
to --1ft 00
MCOffiCO*"
CO OS to
tots
QOO
(t*
fPtO-'
CO to
^(o'b'cnco
to
to cc
QOO
c;<
•^'1
00 1^
M
occo^x
O OS -CI-'
to
©OS
oto
COOS
agee, valued at |24l,8i3. Thesa shipments include
1,513 to
China, 735 to Aden, 635 to South America, 394
to the West
Indies, 220 to East Indies, 199 to Mexico,
153 to Europe, 112
to Central America and 57 to all other countries.
Since
the Ist of January ths exports aggregate 1^7,081
packajjes
valued at |7,538,837. Of this total Cnina haj
had 66 338
packages, valued at|3,145,184; and 25,264
packages, valued
OtO
to
'
some
more
Domestic Cotton GooDS.-The exports of cotton
goois
from this port for the week ending Aug. 16 were
4,007 pick-
at tl,803,666, have gone to South America.
fcO
e -^ O
0:0
•iderable quanuiies of dress goods, Bilks, velvets, linen
goods,
handkerchiefs, &c., were disposed of through the medium
of
the auction rooms.
Retailers from most sections of the
country seem disposed to stock up freely, though
from
there
8:
19, 1887.
There was a continuous influx of retaU buyers the past
week, and the local jobbing trade was decidedly more active
than at any time since the opening of the fall season. Large
quantities tf both staple and department goods were distributed by jobbers in the regular way, and good-sizjd lots of
heavy 28 inch prints and low grade ginghams were closed
ont at " job" prices by some of the leading houses. It was a
rather quiet week in commission circles as regards new business, but there was a good steady movement in staple
cotton
goods, clothing woolens, prints, ginghams, dress goods,
IiOBiery, &o„ on account of former transactions.
Foreign
goods were somewhat more active in private hinds, and
col-
points where crop reports are unfavorable
caution displayed in buying.
3
S
•Last week's stocks— Holiday tliere Aag. 16.
t Minneapolis and St. Paul not included.
New
retailers.
Foreign Dry Goods —Were rather more active in importing and jobbing circlee, but the demand was somewhat irreguBritish and Continental dress goods were distributed in
lar.
very fair quantities, but silks, velvets, satics and plushes continued in moderate request. Clothing woolens were more
sought after, and pretty good orders were placed for cheviots
and light-weight worsteds. Linen goods were in moderate
demand at unchanged prices, but laces and embroideries were
more or less quiet,
Importatlona of Urr Good*.
The importations of dry goods at this port for the week
eading Aug. 18, 1887, and since Jan. 1, and the same facts for
00
Ci3tC0>I^H<
to"**!
«
,[*, ,(i.
i
oep
CO "J
^ .- OS
tococcox
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