View original document

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

HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES.
[Enterfd according to act of Congress. In the year 1884, by

VOL.

NEW

39.

Wm.

B.

Daka &. Co.,

In the oBlco of the Librarian of Congres-,

YORK, AUGUST

^inaticial.

fFiinmicinl.

AMERICAN;

Geo. K.

DIAMONDS.

BROADWAY, HEW TOBK.

142

tl::

ine*» Kountlcd 1*0,%.

Lsts

l2::r:s:;tcl nader

ei Biate of

Kew

Tori, 1868.

most artistic ftt^'le
STKEI. PI.ATKS,

L.

niaofacturod osobsiTOl;

for

SAFETY PAPERS.

l^irppriiof Buildings.
LITHOCRAPNIC AND TYPt PRINTING.
3AILWAY TICKETS OF Hn'I!OVr.I> STYLES.

Nhow CurdM, Label.. CalcndurK.
BLAITK BOOKS OF EVERT DESCarPTIOlT.
ALBERT G. GOODALL, President.
VICK-PRESIDF.NTS
A. D. SHEPARD,
TOURO ROBERTSON.
W. M. SMILUE,
:

MACDONOUGH,

J.

STAYNER

H.

3.

W.

8.

H. Taylor

Treas.

THEO. H. FREELAHD, Secty.

Asa.

Pottkb, Prest.

p.

J.

W. Work,

Caahler.

Maverick National Bank,
BOSTON.
CAPITAL.,

$400,000
400,000

Aooonnu of Banks and Bankers solicited.
Collections made upon favorable terms.
A. Vyse.

Member

w.

e. d.

vyse.

N. Y. Stock Exchange.

Vyse & Son,

BANKERS AND BROKERS,
,50

Bnnidwii.v

Branch

d:

&

7 Exulianffc Court. N. Y.

Office at the Everett House,
aud 17th Street.

Gilder
33 BROAD

&

Union f'quare

&

Private wire to

&

Office, 320 Broadway.
Connected by Private Wh-e.
JOS. C. Walcott,
( Members of the N. T. Stock
Frank K. Dickinson, i and Mining Exchanges.

Hamilton
No. 35

&

Bishop,

BANKERS AND BROKERS,

PINE STREET,

NEW YORK,

(Members New York Stock Exchange.)
Accounts of Banks. Bankers and others received.
Interest allowed on Balances. A strictly CommissioD
Business in the purchase and sale of stocks and bonds.
I'rivate Teiepraph Wire to Albany, Troy. Syracuse.
Rochester. UtiCH, BulTulo, Cleveland and Chicago.
Draw on City Bank of London in amounts to suit.
Special attention given to Securities for Investment,

JoaN J. C. HUHBIKT

H0HBSBT,

&

No. 29 WALL
DRXXKL BtTILDENO,

18

on CommiBsion, for cash or on marat the New York Stock

Interest allowed on daily balances.
All deposltji subject to check at sight.

HALL BCILDINQ.

James Whitely,

STREET,
NEW YORK

&

sell on commission all classes
Securities: H1.SO Grain and Provisions.

ties

Sell

of Railroad

Private TeieKruph wire^ to i*biiadeiphia, Wilmington, Baltimore, Washington, Bridgeport, New Haven,

Boston and Pittsburg.

N

Coll J. Titknxk, jab. Turneb.
Memb. N.Y. Stock Exch.

C.

Special.

&

Turner

J.

B. LiNSLrr,

Co.,

BANKERS AND BROKERS,

16

&

18

Broad

bonght and sold In

New York.

Street,

STOCKS, BONDS, GRAIN

AND PROVISIONS

New York and

Chloago markets

Fred. H. Smith,
BROAD ST., NEW^ YORK.
STOCKS, BONDS AND PETROLEUM
No. 20

Bought. Sold, and Carried on Margins.
Intimate knowledge of

alt railroads for past twenty
years. Parties desiring to buyer sell unquoted securities will do well to communicate.
F. H. Smith, l Members N. T. Mining & National
8.>VV. Saiith, »
Petroleum Kicuange.

A.

Kohn &

Co.,

J. BANKERS AND
BROKEitS,
19 Broad St.,N. Y., mill* Building,
Transact a Uencral Banking Biii^iness.
Foreign Kxcliange, Bonds, Stocks and MisccUaneons Securities bought and sold on commission.
Jri.irs A. Kohn. David Ochs. Moritz Ochs,
Memb. N.Y. stock Exch.
Menib. N.Y. Stock Ex.
IIIHAH DEWING. CI.ABK DEWING. K. T. BONTECOU.
(Member of New York Stock Exchange.)

H. Dewing & Son,
BAIVKERS AIVD BROKERS,
New York,

No. 18 \raU Street,

Members New York and Chicago Stock Exchanges

Co.,

also

Banking Business, bny

Government Bonds and Investment

Securi-

New York Mining Stock

&

Rolston

Exchange.

Bass,

BANKERS,

20

BROAD STREET, NEW VORK.

Stocks, Bonds sod Mlsoellaneoas Sectiritlss.
Correspondence Solicited.
Quotations ebeerfnlly fomlshed.

E. ASIKL.

CEDAR STREET.

In addition to a General

and

Whitely,

Buy and

Sons,

BANKERS,
No. 62

&

No. 64 BROADW^AY, NEW^ YORK.
1®" "^"h Ave^ New York.
RRAvrn OWFiriB
BRANCH
0'"CX8J53gi5j,,gj yf^^^^y^ Q p

Stocks and Bonds Bought and aold on Commlaalor.
Accounts received and Interest allowed on hmi*
lances, which may be checked for at sight.

PINE STREET, NEtT YORK.

Oilman, Son

H. Ckcgeb Oaklet,

UARHY C. LOGAV,
MAYyARl) C. EYBI,
Hbnry H. Dodge, Washlnirton. D. C.
Wm. R. Tkavbrs, Special Partner.

stock brokers,

Opposite Stock Exchange.
Private Wire to Trof
Becorlties carried on margin. Interest paid on bal'nces

Son,

BANKERS AND BROKERS,

38

STOCK BROKER.
Lansdale Boardman,
NEW YORK, ?0 BROADWAY& 5 NEW 8T,
A

Co.,

stocks and Bonds bonght and sold on Commlsiilon.
Orders received in Mining Stocks, and In Unlisted
Securities. Collections made and Loans NcKotiatcd.
Dividends and Interest Coiiec1.ed.
Deposits received subject to Draft.
Interest Allowed, investment Securities a Specialty
We issue a Financial Report Weekly.

TINRXR, Member N. T. Stock Bzeh.

B1IN98EI.AIH WKSTOS.

H

Sell

S

BANKERS AND BROKERS,
No. 24 Pine Street, New York.
Transact a General Banking Business

TIIVKER & WESTON,
BANKERS AND BROKERS,
No. 2 EXCHANGE COURT, Stewart Brown's
New York.

N. Y.,

Ste.,

Investment Securities.
New York. Baltimore and other places.

C. Walcott

J.

B. C.

Interest paiil on Balances. Securities carried on
(fuveniiuetit Bonds and other Investment
Securities binik'lu and sold on coramisson. Special
attention to tirdors by mail or tetegrapb.

TROY,

IN

Exchange.

Prince

and Cbeiitnat

Member N. Y. Stock Ezch.
Farr,
8T., NE1¥ TORK,
E. C. Humbert

Margin,

C.

Co.,

PHILADELPHIA.

BANKERS AND BROKERS.

HIITST

Bay and

Deposits received subject to check at sight, and
interest allowed on daily balances.
Stocks, Bonds, Ac, boofht and sold on commission in
Philadelphia and other cities
Particniar attention friven to information regarding

Goremment Bonds boiuibt and sold.

Thomas

New York.

Street,

gin, all secaritiea dealt in

Branch

••....

•

SCRPLIj'S,

31

Cor. Ttalrd

use of tb«

'capany.

SAFETY COLORS.
Work Kxecutcil iu

Sons,

Sistare's

Broad

FIRST-CLASS UVVESTSIEXTS.

BANKERS,

cp::hl sifeguard: t: prereit COUVTISrSITnTS.

Spesisl papers

Co.,

Members N. T. and Philadelphia Stock Exchanges.

In the finest an<l

FKOM

8

1

DEALERS

182 BroadTray, Cor. John Street

BONDS l"OK
COKroUATIONS. DliATTS, CHECKS,
BILLS or KXCHANGK, STAMPS, <tc.,

WM

6

&

Particular attention to orders by mall or teletrraph

shakk ckktikicates,
GOMiKNMKNTS AND

^^»Tl•:s,

1

IMPORTERS,

BONOS, POSTAGE ti REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
NOTES, of the UNITED STATES; and for
Foreign Covornmentg.
EN(;i!AVlNG AND PRINTING,

&

Alfred H. Smith

Rcorcttntzcd 1H7^.
ENOBAVER3 AND PltlNTKBS OP

BA>K

NO. i,ooa

23, 1884.

^ittaujcial.

Bank Note Company,

Washington, D. CI

L. S. KllANKENnEIMEIt, M. SELIOLAN,
> embers N. \, Stock Exchange.

Asiel

&

Co.,

BANKERS AND BROKERS.
No. BI

E.XCHANOB PLACE,

THE CHRONICLE.

11

&

Morgan

Drexel,

No«. 19

Issne Travelers' Credits, available In
world, through the

Na,S4 South Third SUeet. 31 Boulevard Huussmann,

PARIS.
PimiA»EI.PBIIA
BOXESTIO AND FOREIGN BANKERS.
gecurltles
Deposits received subject to Draft,
boOKftt and sold on commission. Interest allowed on
Deposits. ForelKn Exchange. Oommeroial Credits.
Trsvelers,
Circular Letters tor
Cable Transfers.
•TkUable In all parts of the world.

ATTOBNEYS AND AQBNTS OF
& CO.,
OTessr*. J. S.

MORGAN

OLD BEOAD STREET, LONDON.

22

Brown
No. 69

&

Brothers
1»'AI.I.

STREET,

Co.,
N. Y.,

BUY AND SELL

OF EXCHANGE

BIL,L,S

IRMLAND, FRANCE
ON GRBAT BRITAIN AND
NORGKRMANY, BELGIUM, SWITZERLAND,
WAY. DENMARK, SWEDEN AND HOLLAND.
Credits
Travelers'
&
Commercial
Issue
IN STERLING.
AVALLABLE IN ANY PART OF THE WORLD.
And In

&

Stuart

Co.,

J.
NASSAU STREET.
BILLS OF EXCHANGE ON
33

SMITH, PAVNE

& SMITH'S,

BANKERS, LONDON;

ISANCHESTER & COUNTY BANK,
'•

LIMITED J"

John Paton & Co.,
SUCCESSORS TO
JESUP, PATOM & CO.,

VLSTER BANKING COMPANY,
BELFAST. IRELAND!
AND ON THE

In any part of Europe, Asia, Africa, Aufand America.
Bills of Exchange and make Telegraphlo
Trnnsfers of Money on Europe and Catlfomia.

Payable

fcralla

Draw

mxA ^xaUevs.

:

DRAW ON

THE UNION BANK OF LONDON:
BRITISH LINEN CO. BANK, LONDON AND
SCOTLAND.

"WALL STREET,

No. 10

TRANSACT

Member N.

Y. Stock Bxch.

&

Buy and sell GOVERNMENT, MUNICIPAL
RAILROAD Bonds.

GEO. H. HOLT.
L'HUILIER.

TAINTOR.

TOWNSEND

BANKERS AND BROKERS,

Act as Agent! for Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreign and domestlo
travelers' letters of credit In pounds sterling & dollars.

Buy and sell bonds, stocks and securities in all American, Canadian, British and Dutch markets on commission. Collect dividends, coupons and foreign and
Inland Drafts.
Ezohange on
MEf.VII.LE, EVANS
CO., JLONIION.
t nxnON
)

HA.IIBRO dt SON,
H. OVENS i SON. AMSTERDAM.
HOTTINGL'ER Jt CO., PARIS.

&

Kidder, Peabody

WALL STREET.

3

Transact a general Banking Business, including th*

Purchase and Sale of

New York Stock

Ofler Investment Securities.

BANK OP SCOTLAND,

WASHBURN &

CAL.DAVEEL,,

Co.,
No.

&

and

Private telegraph wires to Providence and Boston.

BANKERS.

Sell Bills of

business.

allowed oiv

balances.

WILLIAM STREET,

No. 63

NEW YORK..

GBNErfAL BANKING
DEPOSITS received and INTEREST
a

G. D.

Kennedy Tod

Holt,

BANKERS,

G. E.

Alexander Baring,

J. KENTfunT TOD.
H. O. NORTHCOTB,

&

Taintor

52 William. Street, Ne-w York.
Accounts and Agency of Banks, Corporations,
firms and individuals received upon favorable terms.
Dividends and Interest collected and remitted.
Act as a^rents for corporatiens in payliw coupons
and dividends also as transfer aKents.
Bonds, stocks and securities bought and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought

and sold.

York.

Issne Letters of Credit for TrarelerB,
On SKLIGMAN BROTHERS, London,
SELIGMAN FREHKS & CIE.. I'arU,
SELIGMAN & STKTTUEIMER, Frankfurt,
ALSBKRG GOLDUEHO, Amsterdam,
ALTMAN &, STETTllEIMKK, Berlin.

gatiTiers

C. J.

MANCHESTER, PAYABLE IN LONDON

NATIONAI.

parts of the

Also Commercial Credits and Transfers of Money
on California, Europe and Havana.

Canada, and of Drafts drawn In the
United States on Forelsm Countries.

&

all

BROAD STREET,

N'eiv

and their Correspondents.

Francs, In Martinique and Buadalonpe.

niAKETEIiECRAPHIO TRANSFERS
OF MONKY

BANKERS,
No. 23

Street,

»E ROTHSCHILD,

MESSRS.

BBTWBEN THIS AND OTHER COUNTRIES.
OF DRAFTS drawn J.
BIAKE COLLECTIONS
abroad on all points In the United States and

J.

and 21 Nassau

3?3tcTtati0e.

& W. Seligman & Co.

Co., J.

BANKERS,

•WAIuts

Ko.

&

Co., August Belmont

STREET,
COKN'EK OF BKOAD, NEW YORK.
Drexel & Co., ~3rexel,Harje9&Co

^jjrcigu

'^ovziQU %xcUKnQt,

%%cUunm*

^BvctQii

XXXIX.

[Vol.

Co.,

BOSTON, MASS.

all

Securities dealt in at tta»

Exchange.

Interest allowed on deposits subject to sight draft.
C. B.

CHA8.

R.

Caldwell.
Lansing C. Wabhbubm.
TowNSEND. Member N. Y. Stock Bxchant •

J.

J.

&

Kimball

Co.,

BANKERS AND BROKERS,
No. 18 Wall Street, New York.
New York

Seventeen Years' Mf mbership In the
Stock Exchange.

EDINBURGH, AND BRANCHES
Alfred B. LotrssBERT.
Robert J. Kimball.
ALSO,
Cor. Wall and Nassau Sts., New York.
Fred. a. Browit.
Walston H. Brown.
CABLE TRANSFERS AND LETTERS OF CREDIT
HiBBEHT p. Brown.
FOREIGN BAIVKERS,
PARIS
NEW YORK: LONDON:
Sis! ^(fciNcfV.THOS K. DAVIS. W. G. H. HKATH. CABLE TEA2fSFERS, BILLS OF EXCHANGE Walston
Bros

William Heath & Co.,
BANKERS AND BROKERS,
No. 80 Broadfvar, Neir York.
Members of New York Stock Exchange.
FOREIGN EXCHANGE. CABLE TRANSFERS.

&

William Heath

Co.,

10 Throffioorton Ave. 9 I^oudon, Kns*
Draw

COEEESPONDESTS

No. 19

Rne

Co.,

Scribe, Paris*

Orders solicited for liondon and American marfceta
for Investment or on margin. Hallway, State and
<^tr Loans negotiated.

&

John Munroe

Co.,

No. 32 NaMan Street, New York,
No. 4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON

mUNROE

CO., PARIS.
STERLING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ic

ALEXANDERS &

CO.,

Schulz

Travi:ij;hs.

&

Ruckgaber,
WILIilAm STREET, NEW YORK
BANKERS

29

COKKESPONIJENTS OP THE

International Bank or London
(Limited) London.
Messrs. Jolin BerrnbcrgjGossIer &Co.

Broadw AT, Equitable

Kraus8&

3Uls of fixcbauge.

Cable Transfers,

New

NASSAU STREET,

AND COMMISSION MERCHANTS,

York,

Issued for the use of travelers in all parts of the
world. Bills drawn on the Union Bunk of London.
Telegraphic transfers made to London and to various
places in the United States. Deposits received subject to check at sight, and interest allowed on balr
ances. Government and other bonds and investment
securities bought and sold on commission.

Unger & Co.,
BANKERS AND BROKERS,
Chas.
Members

of the

New York

Stock Exchange,

Dealers in Foreign Exchaxoe, Government
AND other Investment Bonds.
STERLING LOA^XS A SPECIALTY.
64 Wall St. and «2 Greene St., N. Y.
Buy and sell on commission, for investment or on
margin,

all securities

Exchange.

J.

H.

dealt In at the

New York Stock

B. E.
JOINT AGENTS

R. A. Lancaster
BANKERS

THANSFKRS, ETC.

ISSUE COMMERCIAL CREDITS, AVAILABLE
IN ALL PARTS OF THE WORLD.

W.

Wilson

62

&

&

Co.,

BROKERS,

UNITED BANK BUILDING,
BROADWAY AND WALL STREET, NEW YORK
DEALERS IN

Railroad

&

Miscellaucons Securities..

SotUhern Securities a Specialty.

J.

& Co.,
WALL STREET,

Mahoney

F.

DEALERS IN
of

City,

Town and Railway Bond»

sold.

W. H. Goadby &
8

W^ALL STREET,
York.

R. T. Wilson
of

Co.,

BANKERS AND BROKERS,

New

ST.,
YORK.

Excbange and Letten
Credit ou nezleo.

All classes

bought and

No.

Co.,

FRONT
NEW

AJSD*

INVESTMENT SECCRITIES.

BUY AND SELL STERLING EXCHANGE, CABLE

Bills Of

St. and 57 ExcUange Place^
STOCKS, BONDS, GRAIN and PROVISION*
bought and sold in New York and Chicago.
Chicago Correapondenis, WM. T. BAKER & CO.
Direct and exclusive priva te wire.

WALKER,

Canadian Bank of Commerce,
16 EXCHANGE PLACE.

J.

23 Broad

No. 15

GOADBT &

Co., Paris

Commercial and Travelers' Credits.

Building,

LETTERS OP CREDIT AND
CIRCULAR NOTES

Ilambiirt;.

WesiirK. marciiard,

:

KOVKTZE BROTHERS,
BANKERS,

120

LONDON.

CmcfLAK Notes and Ckedits for

NO. 20

NEW YORK.
BARING BROTHERS & CO., London
PERIER FKERES & CO., Paris.
MENDELSSOHN Sc CO., Berlin.
Jameson, Smith&Cotting
STOCK BROKERS

Exchange and transact a general
financial commission business, ii'artlcular attention
C«ven to American tiecuritiea.

&

BANKERS,

COMMKBCIAL AND TrAVELEKS' CREDITS.

Bills of

William Heath

H. Brown &

AND

&

Co.,

BANKERS AKD COMMISSION MERCHANTS
3 ExcbanKe Court, Neiv korlL.

AcoirsT

THE CKRONICLE.

1884.]

28,

guuluvs

attd gvolicvs.

&

John H. Davis

Co.,

KANKEKS AM» IIKOKEUS,
No. 17 U'AI,l, ST,, NKW YOUK.
Mem Mri of Now

X i'hiljtdelphlu SUKk UxoIi'km
yUIVAIt: WIUKS TO:
PIIIIiADI-:M>illj%,
Y »rk

UAL,-riIfI01iF,

\UKK,

^itrihevs

miA

gvolictrs.

^0fcl0n gaulicvs.

Randall

&

Wierum,

Tnu

&

in Knllroad .Stocks and Bonds,
QOVenNMLNTS A rORBlOU EXVBAKOB.

ltr<>l(ci-s

Memtwr

Wm.M. KAKUMemb. M.
A.H. Davton.

Chew,

stocks,

Bonds &

BANKEKS,

N. Y.,

Foote,

No. 13 Wall Street, N. V.

vve make U. S. Bonds and InTcstment Securities a
apeclulty, execute orders In STOCKS and BONDS
for cash or carry the same on niarein. We transact
ageneral BANKINU business and ALLOW INTEHKST on ljKl't)SITS. Branch ollices, connected bj
private wire. Norwich. Conn., and Boston. Mass.
DotTQU-^HH GHKK.V.

A. E. BATI.UA.V,

Hemb.N.Y.SUHik
85

Memb.N.Y. Cotton l£xch

lixcb.

WALL

STllEET,

StockM, Cotton
I'rtTate

NKW

STOCKS

YOKK.

and Foreleu Exchanite
to Wasblnmon.
CO.. WahHIXOTOM. D.

DRKXRL BUILDING,

ANI>

DIIIECTORS:

BONDS BOUGHT AND SOLD

Wood,
31

&

Huestis
PINE

S.

NEW YOKK,

ST.,

BANKEKS AND BUOKEHS,
Execute orders in all securities listed at the New
Y'orU Stock Exchange. For Sale.
FIKST-CUASH RaILKOAD FlKBT MORTOAOI BONDS
OKOHOK C.WOOD. C H. HUESTIS. L. M. 8WAN

&

Simon Borg
No. 8

WALL STREET,
DKALKRS

Howard

Ai

WAI.

No. 18

New

&

Solicit accounts and asencles of Banka, RaUwafB.
Corporationa, drmsand lndividuHls,upon favo. able terms; also orders for the purchase and
Bale of Bonds, Shares, &&« &c^ on CommlssloD
on the Stock Kxchunge.
Nevotfate Railway, ^t:ite and City Loans and

,

Adolph Boissevain & Co.

Investment Securities.
BOX

2,647.

^LLlJ^S,pOUDEN

y

H.

J.

25 f 1N£

§T.

-

coininissioN

in

N. Y. Correspondents— Messrs.

Securities

OPKN MARKET. LOANS
COMMERCIAL PAPER negotiated. Interest
DEPOSITS, subject ta check.

Bx^kk Bros. A

Exchnnsc Place,

.x.

Y.

fiS I<a JSiilie "I., C'hicniro,
TUANSAtT A CKNEKAI, BA.NKINti BUSINESS
I.NCl.l'DlNt; TIIK IM ItCH.ASK A.\I) SALE OK
tii'uCKs AM) mi.NO.-; Kou (.\sii uu on mar<ilN. BIY ANDSKI.I. IN X' KSI'.M KNT SEDl ItlTIK.-'.
INTEREST ALLOWED ON DEPOSITS
SUBJECT TO CHECK AT SIliHT.

.... ..£4,000,000
- . - . . 4,000,000
Patd.Up Cnpilal
1, 000.000
Kcaerve Fund, 4.300.000.
BEAD OFFICE, TIIREADNEEDLE ST.
Street,

Tottenham Court Road

I

Paddinxton,

lllll,

Box

MCLELLAX,

JH.

BANKER-!,

HANK

Sorplna,

I

T

BUII.DING,

Tl'all Street, Corner Broad%va}r.
STOCKS, liOSOSit COililEKClAL PAPER.
Stocks and Bonds bmifiht and sold on commission
at New York Stock KxchanKC. Advances made on
ustness paper and other securitiefi.

11

Old Street,

(LIMITED).
LONDON, Head Office, 3 Angel Court.
SAN FRANCISCO Office, 422 Oilifoniia St.

YORK AKents, J. A W. Sellfrman & Co.
Correspond'ta, Massachusetts N.

Bk

£1 600. TrO.

Guarantee and Heserve Funds. £727.710.
Letters of Credit and Drafts Issued on the 109
branches of the Bank In the O^lonies of (Queensland.
New South \YalC9, Victoria. South Australia. TaamaP'aand New Zealand. Bills negotiated or sent for
Collection. Telegraphic Transfers made.
Deposits
received in London at interest for fixed periods en
terms which may be ascertained at the office.

PHTDKA i; x HKl.BY SecmtBry.
.

Hong Kong &

Shanghai

BANKING CORPORATION.
CAPITAL
RKSKRVK FUND

»7.500,nOO
4,100,000

OFFICE, HO.VG KONO.
Dnifts, issue I..etters of

C.-edlt for use of Tnivelers, and negotiate or collect
Bills payable at Bombay, Ca.cutta, Singapore. Saigon,

Foochow, Amoy. Ningpo,
Manila, Hong Kong,
Shanghai, Hankow, Yokohama, Ulogo, San Francisco
and London.

A. M.

Anglo-Californian Bank

1S35.)

London, England

St.,

The Corporation grant

R

tnthorlzed Capital,
Paid-up Capital, Keaerve Fund, - - •

Australasia,

PAID-UP CAPITAL.

HEAD

Keneral business
of London Bankers. Hives special attention to the
Agency of KorelKU and Colonial Bunks.
A. (1. KENNKDY. Manager.

NEAV

Threadueedle

Aldyate,

The Bank, while conductlnK the

BOSTON

flNITED

Bank of
i

Anlhoi'lzed Cnpllnl,
Subxcribcfl Ciipilnl,

lirnncli OUicc,

RKrBE.N LELAXI).

CAPITAL PAID UP, with

Co.

London.

ik <s o.
nA N KERM

447.
C. W.

Share TrutI

(Limiialj.

(INCORPORATED

(LIMITED,)

KnlKhtsbrldxe,
Uolborn,

P. O.

as the Kailwaij

Directors

Company

er chants,

BRAyOHES

BOOUY.

Same

£1,956,410 Sterllns.

LOIVDOIV, EKCiL,AND.

LndRate

D. A.

LONDON, ENGLAND

In all parts of

The City Bank,

Bond

cor.

(LIMITED),

BANK BUILDINGS,

No. 4

BANKERS

NUW YORK

38 Broailwny,

COMPANY

AMSTERDAM, HOLLAND,

r^euu^ORK*

Glasses of Securities dealt in at the
STOCK BX(;hanGK, or all reputable
bouKht and sold In the

paid on

Railway Debenture Trust

AXD

EjM^INS.

Purchase and sell on Commission QOVKRNMBNT
and RAILUOAD BONUS and STOCKS, and all

and

Cable Address— PA vr, Lo>-DON.

the world.

MoBSI.

-BnnKERS'

payments of Interest on Loans. Dividends oa

or Registration of. Stocks In London, or otherwise.

BANKERS AND BROKERS,
No. 34 BROAD STREET,

Bny and

P. O.

Loans on the London Market, acts as Agent for

f!.

York,

WATLANI) TKASIT.
W. C. irn.1-

Loans of approved Railways, negotiates and

Issues

ter of

Co.,

IsMue Commercial Credits araltabie

A. M. KIDDKK.

Tbis Company undertakes the btislneM of Tmttee

Railways and other Corporations, either In the mat-

Transact a General BanblnK Business, IndndinK
the purchase and sale of STOCKS and BONUS for
casta or on martfln.

Sell

Managing Director.

Esq.,

Ne\r York.

STKEET,

I<

FRANCIS PA VY,

to

8P«CIAI-TT.

Lapsley

P

Lawhexoe Youno. Bart.

Co.,

Itailroad and Inrestmeut Securities.

RorTHEKK PECCRITIK8 A

I.

a. C. M. G., K. C. B., M.

Bib Charlks

NEIV YORK.

ALL KINDS OF

IN

P., Cli airman,

C. 8.

BiK Hknbt DnuMMOjii) Wolff,

OAVIS.

A.

LAINO, Ksq.,M.

OENSnAL IlENUY HOPKINSOX,
Malcolm A. Laino, Ksq.
John Houatio Lloyd, Esq.
John pk.voeh, Esq., M. p.

Co.,

Blake Brothers & Co.,
LOKDOX, i:x\OLAiyD,

CA^ Co.
BA KEKS

Capital Paid Up, i;071,300 Ste

STRICTLY ON COMMISSION.

Wire

BATK.MAN *

Dayton,

BtTCCKHSOKS TO

Orders executed on the London and European
nmrket.

&

W

W<>01>

Iitvestiuent Securities

Hatch

LONDON, ENOLAND.

Spaolal.

Neiv York.

Co.,

30 EXOif ANGB PI^ACK,

TO

BANK BUILDINGS

No. 4

a.U.8TATI<SK

I.tit'ok Kx.

&

Earl
SS

ACODSTDS NAIH4N.

&

(LIMITKD),

WlIRUH

BANKERS AND BHOKEBS,

Stocks. Hiindj mid U. S. Uovernment Securities
Buujjlit aiiU tiuM un CoiumlBdlou.
BKT«KLTCH«W.
JAS. 1). Sl.MUNM,
Member N. Y. Stocli Kxchanire.
Member N. V. Produce UxchHiiKe.

Pondir

Railway Share Trust Co.

A. IlrMiTuK.

PA.,

3 ExchauKoConrt A' 53 Broadwar«N.T

John Ponuib.

ItANDAI.I.,
OTTO C.
N, Y. sttxiK Kxchanva.

OBAS. K.

KHOKEHS,

STOi'K

EXOHANGK PLACE,

50

CHICAGO.

Simons

iif

TOWNSEND.

A. P.
BO

Acent.

47 Willlaai

St.

TURNER & CO.
THREADNEEDLB STKEET,
l.OXDO'S.

Y'ork Stock Exchange.
IIEMBEBS !New
Philadelphia st<ick Kxchange.

L. de Steiger

&

Co.,

$6,000,000
1,500,000
400,000

BANKERS,
FRANKFORT-ON-MAIN. GERMANY.

Transact a general banking business. Issue Cotn.
meroial crtdlta and Flllsof Kxc lange. available in all
ollectlons md orders for Bonds,
§rt8 of ti-e world.
locks, etc., exp'"*"' upon the uost favorable tcrm.i.

AlVERICAN BANKERS,

-

<

FRKI>'K

F.

L >W.

)„

IGNATZ 8TB NHART,!""""*'"-

P. N.

U LIBNTHAIi. Caahler.

Narr

&

Co.,

STUTTGART, GERMANY.

THE CHRONICLE,

IV

B.

W. BLIJDENSTEIN &

AjnSTERDAin,

-

-

-

-

CO.,

HOI<I«AN».

Established 1861.
-GuUders (18.200,000.-)

Subscribed Capital, 8.000,000

-

"

(»S,I48,440.-)

819,86387

"

(1339,945.55)

7,871,100

Pald-Up Capital,
Beserre Fund,

Amsterdam.
BRANCHES
I<»niloiI—KXCHANGE &, INVESTMENT BANK

Head

Office,

B.

Nos. 65

W. BLIJDENSTEIN &

*

STREET.

No. 52 TI^ALL

Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland;
also on Canada, British Columbia, San Francisco and

Buy and

sell Sterling

Chicago.

notes
CIAL CREDITS ISSrED

Issued in Pounds Sterling
CIRCUIjAR.
available In all parts of the world.
for use in Europe,
China. Japan and the Ea^t and West Indies. Also.
BltA/.II..IAN
In name of
LUIITED, available In the Bnizlls, River
Plate, &c.
Bills collected and other banking business transD. A. .MCTAVISU, ( Agents.
acted.
. ™_,,

PHIIiADEL,PHlA.
Orders executed by private wire In New Tork, Boa
ton and Baltimore.
Drafts issued on all principal points in the United
StftI es and Rurooe.

Rea

COMMEK-

H.

CO.

STIKBMAN,

J

&

Brothers

Co.,

BANKERS AND BROKERS,

STREET,

No. 9T TI^OOD

NEW LONDON &

BANK

CHESTJfUT STREET,

No. 322

North America,

British

Gerlach,

RANKERS AND RROKERS

OF

Bankvereeniging,

&

Narr

Bank

De Twentsche

^mxhexs.

^cnusvilvnnin,

©awjtdiati gattfe^rs.
AGENCY OF THE

^orcifltt fSin,xiktvs.

XXXIX,

[Vol.

PITTSBURG, PA.
Dealers In Government, State, County, Municipal
and Railroad Bonds. Execute orders in all SECIJRITIBS listed at the New York and Philadelphia

Stock ExchjinKes by Private Wire.

58 Threadneedle Street, B. C,

Botterdam-DE WISSEL-en BFFKCTBNBANK.
Enichcdn— B. W. BLIJDENSTEIN,

Almeloo— LEDBBOEB &

JB.

CO.

Transact a general Banking and Commission BaslIn Bills, Stocks, Shares, Coupons, &c.

Cobb

Brewster,

&

oeu

New Tork Cokbespondents
Messrs.

Estabrook,

CONGRESS STREET,

35

No.

BOSTON.
MEMBERS OF THE NEW YORK AND
BOSTON STOCK EXCHANGES.

OAPITAIi,
SIJRPI.IIS,

F SMITHliRS, President.
W. J. BUCHANAN, (Seneral Uanagei

O.

&

59

OFFICE,

61 irAI.I< STREET.
WALTER WATSON, > ABe"". .-ntjl
ALKX'R LANG,

1

Buy and sell Sterling Exchange, Francs and Cable
Transfers; grant Commercial and Travelers' Credits,
arailable in any part of the world; Issue drafts on
and make collections
Dominion of Canada.

In,

ITnlted States

Wilbour, Jackson

Chicago and throughout the

53

PROVIDENCE,

Office,

No. 9 BlrcUln Lane.

Perkins,

Dupee

H.

HOWLAND, Pres't.

8.

-

-

D. R.

-$1,500,000
$678,000
WILKIK,

Cashier

UJBAU OFFICE, TORONTO.
BEANOBES:
St.

Catharines, Port Colbome, St. Thomas, Ingersoll
Welland. Kergus. Woodstock, Winnipeg, Man,,

Sweet A

I

7S Lombard Street,
59 Wall Street.
Promptest uttenti un paid to coUectiona payable In
any part uf Canada.
Approved Canadian business paper discounted at
the Head Office on reasonable t.erm8, and proceeds
emitted by draft oi; New York.
I

OF CAJKADA.
Capital,
Reserre,

-

•

-

$5,700,000 Paid Up.

nealars

ANDREW ALLAN, Esq.
ROBERT ANDERSON,
OFFICE, mONTREAL.

HEAD

Esq

change, Cable Transfers, issues Credits available In
All parts of the world, makes collections In Canada
and elsewhere, and Issues Drafts payable at any of
the offices of the bank In Canada. Every description
of foreign banking business undertaken.

Ne-w York Asency, No. 61 XfaU Street.
IIKNKY HAGUE,
.„„.
JOHNB.UARBIS. JR., J Agents.
)

Gzowski

&

No. 4 Excbange Place, Room Ko.

TORONTO, CANADA.
Pronpt attention given to
cial

Biis ana

(

Amerloinand
et«..

Collection of Commeranadian Funds on all points In Canada
.sterling Exchange, and Stocks. Bondt

boaihi xnd

Aold.

CoiT-.ron^ent.-Bank of New Tork. New York;
and AUlance Bank, London.

(KBY8ER BUILDING),
& £5 GERMAN STREET,

Nos. 23

Box

RALTL^IOUE, mD.

397.

Members Baltimore

stfi'^lt

Kx''h:inue.

M'OXxtUzvn ^mihcvs.

&

Co.,

BANKERS,
lVIOBIL£;,

AI.AUAinA.

Special attention paid to coilectlons, with prompt
remittances at current rates ot excbtuiKe on day of
parment. Buy and sell State of Alabama and City
of Mobile Bonde.
Correspondents.— Bank of the State of New York

MEMBER OF BOSTON STOCK EXOHANOB.

C.

E.

Jackson

&

Co.,

ing

Banks a

Government, State, Muoidpsl and

specialty.

Parker

Texas.

attention to

collections

DlltECTOHg.— Benjamin A. Botts,

op

all

Pres't; F. A.RIce,

Baldwin, W. B. Botts, Rob't Brewster, 8. K.
Mcllhenoy, B. F. Weems.
B. V. WEKMS. Cashier.
BKN.I. A. BOTTS Pres't
P. A. WILEY,
Cashier.

W. T. BLACKWELL,
President.

The Bank of Durham,
DXJRHAITE, N. C,

Stackpole,

RANKERS,
No. 60

special
accessible points.

Investments for Sav-

Collections made.

&

give

C. C.

BANKERS,
sell

Houston,
We

raiDDLETOWN, CONN.,
Kailroad Bonds and Stocks.

CAPITA!., $600,000,

4,

BOSTON, MASS.

DEVONSHIRE STREET,

With ample means, and facilities excelled by
Bank in the State, invites correspondence aud pay
special attention to collections.

B.

BOSTOIV.

BOBRUSS.

First

lemiBsXtjauia gaulietrs.

A. K.

Pres't.

Walkkh.

Caahler

National Bank,

WILMINGTON,

N. C.
made on all partw of the TTnlfed at'i*eg
WM. C.CouRTNET. Pres. Ernest U. Phixole, Cash

Collections

JOS,

M. Shoemakeb.

Jos.

Robert M. jannbt.

M. Shoemaker & Co.

BANKERS AND STOCK BROKERS,
No. 134 SOUTH THIRD STREET,

PHILADELPHIA.

Buchan,

BANKERS AND STOCK BROKERS,

Wm. B. Olitbr.

Co.),

Municipal. State and Haliroad Bond*.

In

GEOUUK HAGUE, General Manager.
J. U.PLUMMEU. Assistant Oeneral Manager.
^^

BANKKK8:
LONDON, KNG.— The Clydesdale Bank (Limited,)
NEW YOKK-The Bank of New York, N.B.A,
The New York Agency buys and sells Sterling Ex-

Wm. Middendorf.

Middendorf, Oliver & Co.

Samuel G. Studley,
New York; Louisiana National Bank. New Orleana;
Bank of Ijiverpool. Tiimited. hiverpool.
COMMISSION STOCK BROKER, THE CITY BANK OP HOUSTON,

$1,150,000

President,
Vice-President,

BAETIMORE,
TRANSACT A GENERAL DOMESTIC AND
FOREIGN BANKING BUSINESS.

RANKERS AND RROKERS,

STATE STREET,
BOSTOiV, IHASS.

Buy and

Merchants Bank

7

No. 40

Brandon, Man.

& Stirling Exchange,
Agents in New York:
Bank of Montreal,

No.

8c

BANKERS,
SOVTH STREET,

BANKERS AND BROKERS, Thos. P. Miller

Dealers In American Currency

Agents in London:
BosANQCTKT, Salt & Co.,

Sons,

Co.,

8c

•

fm-

Robert Garrett

I.

Dealers In Commercial Paper, GoTemment and
other Qrat-olasa Honda and Securities and ForelKn
KxchanffO.
Private Telegraph Wire to New Y<irk and Beaton.

Imperial Bank of Canada.
CAPITAL (paid np),
SVRPLCS,

R.

and Information

& Co.

J.

WTEYROSSET STREET,

(Formerly CHAS. A.

London

& Co.,

SOUTHERN SECURITIES

ulsbed.
N. y. Correspondentft— McKIm Brothers

Ronds.

BANKERS AND BROKERS

NEW TORE
Horn.

and

Joshua Wilbouk,
Charles H. Sheldon, Jb.
Benjamin A. Jackson, Williau binnet, Jr.

and

Correspondence solicited

Dealers In municipal. State, Railroad

$12,000,000, Cold.
$6,000,000, Gold.

-

INVESTMENT
specialty.

ALSO,

Bank of Montreal.

Co.,

BANKERS AND BROKERS,

RAIiTinORE.

BANKERS,

KNAUTH. NACHOD & KUHNE

&

Wilson, Colston

:

E.

W.

&

Clark
St.,

National Banking Association
CHARLESTON, S. C.
Special Attrntion oivbn to Collhottonp.

MEBCHANTS' NATIONAL BANK,
RICHMOND, VIRGINIA.

Co.,

;

JOHN

Stocks ana Bonds Bought and Sold on Commission

F.

JOHN

P.

BRANCH,

Glenn. Cash. Frko.

THOMAS

President.
H. Scott. Vice-Pres't

A

BRAIVCH
CO.,
BANKERS AND COMMISSION MERCHANTS,
RICHMOND, VIRGINIA.

Philadelphia.

DEALERS IN CAR TRUSTS AND OTHER
INVESTMENT SECURITIES.

made on aL Southern points on best
prompt returns.

Collections

terms

RANKERS,
No. 35 South Third

BAIVK OF CHARLESTOAI,

Bonds funded under the Funding Act
bythelast Legislature, for tft per cent comutlsNew North Carolina 6 per cent bonds, secured
by lien on the State's stock In the North Carolina.
Virginia

(>aS8ed
Blon.

Railroad, for sale.

AuausT

THE CHRONICLE.

1884.]

23.

jiafe gcposlt ©ompatttes.

leicstcvn ganluvs.

^W. H WPlsr& Co.,

The

Safe Deposit Co.,
OF NEW YORK,

INVESTMENT BANKERS,
The

DEARBORN BTREET,
GHIOAOO, Ilili.

So. 176

Countjr. City.

FRANCIB IL JBMKB,

&

Texas Land

Mortgage

OOHPAJfT LIMITED,
(OF LONDON, ENCSLAND),

MANHATTAN
Safe Depositee Storage Co
340 & 348 BROADWAY,
Comer of Leonard Street,
Safes to rent from glO

AND CAN

WKLLK8LET,
General Manager,
DAU^a. T«iAg.

C. B.

(Nirrospondenti:
Iluus. & Co.,

Wall street.

K8TABL1SBED

&

STATE BANK,

)

incorporated 1879.

t

C. T.

WALKBR

Cashier.

-

9250,000

-

Prompt attention ifWen to all bustneu In our line.
N. Y. CttUKKSPONDKNTS.— Donnell, LawBon & Co.
and the Mftropolitan National Uank.
Wm. \V. Tuosnton, Cash.
Thus. M. Thornton.

TIIORXTON &

^V. F.

SOX,

SIIsLHYVILLE, ILLINOIS.
Uank of Commerce, New

Hank. Cincinnati; Third National Batik, St. J.uuis; Traders' Itank, Chicago;
Kir^t Natioii.il Hank, Indianapolis.

AHD

AND ALL KCTDB OT

BROOKLYN SECURITIES
IN.

QlO. n. PHINTIBS,
Member N. Y. stock Bichange.

W. W. WALtH

1). Willis
Charles K. Bill,
Kobt. B. Mlnturn
Wilson G. Hunt. John J. Astor,
John A. .-Stewart, Geo. H. Warren.
H. Mncv.
Clinton (iilbert, .^..M. Buckingham Georce Bliss,
William
l.ibbey.
Lawrence,
H. E.
Daniel D. Lord,
Qeorge T. Adee, Isaac N. Phelps, luhn C. Brown,
iKntstus Coriiina.iKdward Cooper.
Samuel Sloan,

Wm

j

H. L. Grant,

See qnotatiMnH of Olty Railroads In this naner.

BONDS.
with

RE-

of Cities, Counties, Townsnlps
at best rates.

Sch<»i>l
iMstricts.
Will purchase
Give full Ucw'jrlptlon itnd address

THKW,

JR.,

St. Josepll, IHo.

BhbrmanS. JKWnT. Pren. .UiHtAU Jkwett, V.Prea
William C. Coknh'ell. Cashier.

Bank of Buffalo,
------ $300,000
CAPITAL,
-

BUFFALO.

N. Y.

This bank has puportor facilities for makinK collec;til
iiic^sihle points in the United States,
Kdf.ii.t'.

Leather Bank

;

Jjberal terms extended to

Union Bunk of London.

MUl8 BuUding. 35 Wall 8t.. New York.
tTP CAPITAI., $1.000«000.

PAID

Designated as a lewal Depository by order of Supreme Court. Receive deposits of money on Interestt
act aM Uscal or transfer agent, or trustee for corporations and accept and execute any leKal trusts from
parsoiH or corporations on as favorable terms i a
other Bimilarcompanles.

THOMAS HIIXnOUSE,

AND

613

President.

D. TAPPEN. Vice-President
WAI/rKHJ, liRITTlN. Horrftftrv.

FREDERIC

I'llOHNELL.Secrctary.

HAMPTON.

Assistant Secretary

Co.,

CHBST.VUT STREET,

PHlLADELFHI.l.

^tuaucial Compaiiljcs.
BONDS OF SURETYSHIP.

|1,000,000
Anthorlied Capital
500,000
Paid-up Capital
Charter Perpetual.
Acts as Executor, Adminlstnitor, AssiKnee, Receiver, Guardian, Attorney, Ajient, Trustee and Committee, alone or lu connection with an Individual

The American

appointee.

Cash Capital,

Takes cimrKe of property ; collects and remits interest and iticnme promptly, and oischart^es faithfully the dul ies of every trust known to the law.
All trust assets kept separate from those of the

Company.
Burtilar-Proof Safes and Boxes (having chrome
*5to $60 per anniuu, In their
elepant chrome steel.

protected by Improved time locks.
Wills kept in Vaults without charge.
Bonds and -to*-ks. Plate.and all valuables securely
kept, under (ftuinintce, at m<i(iorate charges.
Car trusts and other apprfived scctirities for sale.
Money received on deposit at Interest.
JAS. LONG. Pres't. JOHN (;. KEADlNti, V.-Pres't
8. STOKE-. Treasurer ,t Secretary.
D. K. PATTERSON, Trust Officer.
DlUKtTOKS.— James Long, Alfred K. Glllett, Allison
White. Chas. 1'. Turner, M.D., William S PrIce.John
T. Monwje, Jos. 1. Keefe, Thos. U. Patton, W. J.
Nead, Jus. 8. Martin, D. Hayes Agnew, M. D.,
H. 11. Houston. John G. heading, Theodor C,
Bngel, Jacttb .Nuylor .Samuel Kiddle, Robert Pat-

Pmi.ADEl.lMllA; George W Kelly, M. D.,
HAKltlsuUKU: J, Simpson Africa, HUNTI.NGDON;
Henrv S. Erkert. Kr.ADtNO; Edmund S. D^)ty, MlFFU.NTOH-.v
K. K. Mnnaghan, Wkst CHK.STKII; W.
W. H. Davis. DovLKsiowN Chas. W. Cooper,
ALLEX TOWy Th omas G. Hood.
.

;

;

;

Knickerbocker Trust Co,
No. 234 Filth Ave., Cor, 27tU
UNDER SPECIAL CHARTEU.

St.

Co

Surety

No. 100 Broad^ray,

New York.
$500,000

will act as surety for OfHcers a^d Employees of
Bunks, Railways. Express and Tele>-' aph C«)mpanies,
Corpoi'atlors and Business Houses, and will Kuaruntee the tldelily of persons holding' positions of trust.
This ompaiiy will also aet'as surety on Bonds required in the t:onrts, Bonils of Administrators,
Guardians. Sheriff and underl.'ikin^'S.
It is the Mrst and only Company iTKanized In the
United States devoted exclusively to the business ol
suretyship.
<

OFFICEHS:

RICHAllD A. ELMER, President,
LYMAN W. BRIGGS. Vice-President.

FIDELITY & CASUALTY
Nos 214 i 216

<'0.,

BROADWAY, NEW YORK-

Officials of . Banks, Railroads and Express Companies. Mans^erw, Secretaries, and Clerks of Public Com-

panies, Institutions and

Commercial tlrms.can obtain

BONDS OF Sl'RETYSHIP
this Company at moderate charges.
The bonds of this C^mipany are accepted by oourte
of the State of New York.

from

CASUALTY DEPARTMENT.

Policies issued ngiilnst accidents causing death or
totally disabllni: injuries.
Kull lntornuiti'»n as t<) detjlils, rates, &c., can bO
obtained at htad offlte, or of tvmipany's Agents.
John M. Cra.n'E, Setfy.
iiAHiis, Preat.
Wm. .m.
ROB'T J. Hii.LA.**. Asa't Secretary.

Rk

DIRECTORS:

David Dows,
W. G. Low,
Charles Dennis,
A. 8. Barnes.
G. G. Williams.
J.S.T.Stranahan, H. A. Hurlbut, Alex. .Mitchell.
A. B. Hull.
J. D. Vermllye. S. B. Chittenden.
Wm. M. Richards.
Geo. S. Coe,
Geo. T. Hope,

INTEREST ALKOWEO ON DEPOSITS,

which may be withilrawn on Ave days' notice with
Interest |iaid for the full time.

UepOMitN'ICcccivrd Suhjfct to Demand Clieck
Special riHini for ladies alut coupon room.H, jtc.
Fiscal or tran>fer aK^nt fi»r any tlate, corporation
;

or municipality.
The location of the company will be found convenient to residents orvl.-iilorB In the upper part of
the city.
Two-thirds of caiiltal Invested in U. S. bonds.
Office hours » A. M. (o 4 P. M.
KRKDKUICK G. KLI>RilJ<iE, President.
CHARLES T. BAILVEV. Vice-President.
JOSEPU T. BROWN, Secretary.

DJRECToHii:

tioii.Hoii

HCCiiuiiisoi iiaii!.i'rs and merchants.
CoitKKrti'o.N- KST.-*.— New York. National

Metropolitan Trust Co.,

.

correspondence

WKSTKRN l>EFAULTEl) OK

nil

G.

Trustee for estates, individuals, corp<)ratlon8,
Iteal estate or trust fund-sot
niunidpalitie!*, &c.
everv dcscrli»tlon managed on mederute terms- *ake8
chaiito of pn>i»erty and promptly collects and f>mit8
interest, ineome. &e.

TO HOLDERS OF DEFAULTED
PUDIATKIl BONDS

LOUIS

«1,000,000
914,5S3,4'14 S3.

the fullhf'il performance of which their capital and
surplus fund furnish ample security.
All trust funds and Investments are kept separate
and apart from the assets of the company.
The income of parties resldlni; abroad carefully
collected and duly remitted.
SAM'L K. silll'LKV. President.
T. WISTAR BROWN. Vice-President.
ASA 8. WING, Vice-President and Actuary.

Hayai-d Cuttii*^.

HENRY L.

^^Z

1H«5.

PEKPKTUAL.I

INSURE LIVES, GRANT ANNUITIES, RECEIVE MONEY ON DEPOSIT, retumalilo on demand, or on which Interest is allowed, and a re empowered bylaw to act as E.XECUTOKS, ADMINISTRATOKS, TRUSTEES. (JUARDIANS, ASSIGNKBS,
COMMITTEES. KKCBIVKHS, AGENTS, etc., for

,

W.

terson,

No. 14S BROADWAY,
NEW YORK.
CITY RAILROAD STOCKS & BONDS
BOUGHT AND SOLD.

or

Chittenden,

MAULON

8EB QAS QUOTATIONS IN THIS PAPEB.

Invites

S. B.

John U.HhoaOeB
James, Anson P. Stokes.

Fire and Burglar-Proof Vaults,

Knilroad Stocks and Bonds

Canad:» ami

JOHN A. STEWAKT, President.
WILL1A.M H. MACV, Vice-President.
JAMES S. CLAK>£. Second Vlce-Prest
TRVSTEES:

money.

new and

GAS SECURITIES,

T. J.

Executors. Hdraiiiitftrators. (»r trustees of esUites,
to thetransuctinnof business, as well us rellyiousand benevolent Institutions,
will Bnd this company a convenient depository fox

and females unaccustomed

iteei doors) to rent at

AND

holders of

INTEREST ALLOWED ON DEPOSITS,

ail

MONTAGUE ST., BROOKLYN.
CAS STOCKS

The undersigned

a legal depository for moneys paid
authorized to act as guardian or

The Union Trust

Geo. H. Prentiss & Co.,
No. 49 WAJLL ST., NEW VOKK,

DEALT

3,'S41,608

-

Into court, and
receiver of estates.

.Vatioiijil

special IttUjCBtmjcutB.

Street

Is
Is

I

CoUeutiooH luade In Shelby and adJoininR Counties
and l*p)cof> !h remitted on Day uf Payraenl.

308

This company

-_•_ -

-

Dan. .H. Arnold* .James Low,

(KatuMlslK'd 1859.)

HF:Kt:KKN< I.S.— Niiih.niil

Wm. C. KluKsley.C. I). W<md,
A. A. Low.
Alex. MctJue,
Fred. Cromwell, Wm. I!. .Male,
Meprv ^nr'^er,
Mich'l Chauncev,Jonn P. Rolf e,
Ripley Ropes.
Wm. B. Kendall, E W.Corlles.
JA8. Rosa CURRAN, SecrttarT.

ASSETS

Thomas Sl('coml). W. W.Phelps,

BANKKRS AND HROKERS,
York; Union

-

-

Vioe-Pree't.

Plill^ADEI.PillA.
OF
IncorporatiKl Third Mo.. Had,

$2,000,000

Surplus,

W. COKLIES,

TRUSTEES:

T HE
Provident Life & Trust Co

which may be made at any time, and withdrawn aft.ei
ave days' notice, and will be entitled to interest foi
the whole time they may remain with the company.

German Bank,
-

A

WALL STREET.

Capital,

lilTTLE ROCK, ARKANSAS.
-

I'Olt

EDMUND

JoslahO. Low, B. r. KnowltoD, H. B. Plerrepont,
Alex. M. White, John T. Martin. Henry K.Sheiaon.

NEW

OP

No. 49

Defaulted Bonds of Missouri, Kansas and Illinois a
Soeolaltf. Uuud Investment Becurltlee, paying from
ili to 10 Iter tient. fo r sale.

Capital (Paid In)

UKNi'Kl)

maMmment

Okn act a* agent Id the nle or
of
eetate, collect Interest or dlvldeoaa. receive
registry and transfer books, or make parcbaee and
lale of tlovernment and other securltlee.
KellKlous and charitable Institutions, and penone
unaccustomed to the transaction of business, will
and this Company a safe and convenient deuoeltory
RIPLEY ROPES, President.
for money.
It
real

(CUAKIEK
United States Trust Co. CAPITAL
YORK,

Co.,

OLIVE STREET, ST. LOUIS,
Dealer* lu Western Securities.

S
I

to$200 pcryeor,

^rtist (^ampnnits.

306

D. O. Ko.NKB,
President.

Cor.of Montntfue A Clinton it*., Br'Kiklyn, N. T.
This Company la anthorlied by special charter to
a« receiver, tnutee. Kuardlao. executor or ad-

Mi

1871.

F. Keleher

P.

l!K

N KW VOKK.

DAY WICKK OR nONTH.

Transact a general Financial and Agency Business In
the Slate of Texas and Kurope.

New York
Blakk

Prealdent.

'llrust

THE

The Brooklyn Trust Co.
ministrator.

OFFERS UNE{(UALLED SECURITY.
140, 142 & 140 Broadwajr.

Town, Scbool,
Bought and Bold.
The (undltiK of entira Imuu reoelTW ipaolal attwttloo. Write ua If yuu wish to bQT or Mil.
and Car
BONDS, SUt«,

lu

EitiibllsUeil

Flritt

Ibe World.

%vvLSt (S^ampxiVLlts,

Shoe

Jt

Jos. 8. Auerbach.
Chas. T. Barney,
Jus. H. Breslin.
C. T. Cook.
Jos. W. Drexolv

Jacob Hays.

Henry W. T. Mall,
Itobt «;. Remsen,

A.h'oster HinKlns,
Hurry B. llollins,

Jas.M.Waterbury

t>ed. (J. EldrldRe,

Andow H

Sands,

Alfred M. Uoyt, Chun. U. WeUlng,
General Ueorge J. Maeee.

of* Suretyship.
NO OTHER BUSINESS.

flonds

The Guarantee Co.
OF NORTH AMERICA.
Cash Capital
Cash Assets

»?S9'I2?
*<*-5?9

814,000
Deposit with Insurance Department
Vice-President
President
HON. jAB. FKKKIKB.
SIKALEX. T. GALT.

Mana«lnK Director: Edwarii Rawungs.

NEW YORK
NO. 178
D. 3.

OKKICE:

BROADWAY.

TOMPKINS,

Secretary.

Nkw York Directors— Joseph W. Dreiel, a. L.
Hopkins, H. Victor .Newcomb, John Paton. Daniel
Torrance, Edw. K. Winalow, krastua Wlman.

THE CHTIONICLE

m
^uucstmcuts.

Jipfccliil
W. J. MORPHY,

Pres't .

Smith,

J. p.
J. D.

-OKO. B. LOVING, Seo'y.

Kekd,

vi<-».Proatji
v'ce-*^™"^

[

S

fVoL,

2tiuitucurX.

riimMclitl.

&

Northern
Pacific Railway Co.

Saint Paul

Texas Investment Co.,
LIMITED,

MORTGAGES

FIRST

OF PORT AVOKTH, TEXAS,
DEALEHS

IX

ALL

ON

OF

KIN1J8

LITE STOCK, RANCH TROPERTIES,
fSECLRlTIES, &c.

FORTl'-YEAR (SOLD BOKDS.

DIRECTORS.— A. M. Britton, President City NaBhiiIi
W. J. Boaz, President Traders' National Bank J. P. Sm tli. Mayor of Fort Worth, and
of tile banking firm of Tidball, Van /aiidt &Co.:J.
;

;

Improved Property

A LIMITED AJIOU.NT FOR SALE BY

Paid-up Capital,$100,000. Sarplu8,$50,000
tloniil

REEU

FEAGO,

&.

Duncan Building, No. 11 Pine

Street,

Worth from Three to Fire Times the
Amount of the Mortgage.

YORK.

K13\V

D. Reed, ilanchmun. and lilrector in First National
Bank W. A. Huirman, dealer in Aurlculturat Implements; Sidney -Martin, of Martin-Brown Co.,
Wholesale Dry Goods; W. J. Morphy. Cattle Dealer;

INTEREST SEMI-ANNUAE

:

George B.
J. F.

Manaper LovinK Pulilishiug

Lovinfj,

Uanchman and

Kvans.

Co.;

AND PAID PROMPTLY IX NEW YORK
EXCHANGE.

NASSAU STREET,

No. 21

Cattle Dealer.

nKALKB IN

Safe Investments.
7 PER CENT KONDS .iiid MORTfciAUES
KE(iOTIAlEI) BY THE
First Katioiial Bank, Coming', loira.
-Choice first mortgages in the best Farminj? Districts
in Iowa, Missoui'i, Kansas and Neijraska. Interest
paid at your own home in N. Y. Exctianfic. Twelve
years' experience in loaning for Private Investors
and Trust Kuiuls. Send for circular givms full particulars as to 1t>ans. references, etc. Interest from
date of reeei|>t of mi»ney.
Chas. C. .Nouto.v, Cash'r. LEW E. DARROW, Pres't.

Refer to
tilLMAX, Sox

& Co., Bankers, N. V. City,
Merchants' National Bank. ChicaKo, Illinois.

TUG

Co.,

LAAfRKNCE, KANSAS,
market

Offers to investors the best secnrities in the

MORTOAGK

FIRST

FARMS.

UPON IMPROVED

I.dANS

CITY RAIEtVAY STOCKS

STOCIilS,

G^-A.S

TRi;ST

STOCKS,

CO.'S

TEEECiRAPai STOCKS,
Bank Stochs, Insurance Stock*.

Albert E. Hachfield,
STREET.

No. 6 W\\l.l,

Bonds and Investment Securities

WEJ«'r£U!V

Farm Mortgage

XXXIX.

Interest and principal paid on day of ma-

New Vork. Funds promptly placed. LarKe
experience. No iosswj. Send for circular, references

WANTED:

few classes ot seonrltio

tlie

pression in financial circles.

We have luid

exiierieuco ot several years in

leuding monej- on improved property, during

time we have placed large sums ot

wliicli

for Insurance

money

Companies, Savings Bauks, Trus-

tees of Estates

and

capitalists,

ot these investments

and the safety

evidenced by the fact

is

dollar of interest or priucipal

by

Bonds.

((Corliss)

(irand lljipirlsA ituliuna

one ot

is

that not one ot our lavestors lias ever lost a

Rome Watertown A Oird* csbuTK Ists and 2ds.
OswcKO & Rome Bonds.
Joliet & Northern Indiana Bonds.
Terre Haute & Indtanapolis Stoclu
Mexican

This

that lias not suffered any duriag the recent de-

when negotiated

us.

I^ans are made only on very desirable, Im

Bonds and Stock.

turity in

and sample

WARNE,

forms.

V.

Vioe-Prett.;

CHAS. W. GII.LBTT,

M. PKHKINS, President; J. T.
L. H. PBRK1N8, Secretary.

HART.

Treas. N. F.

Auditor

Farm Mortgages
In Sums of $100 and Upwards on Indiana nud Uliio Lands.
KOTHINQ SAFER. ALWAr:= PROMPTLY PAID.
BEND FOR PAMPHLET.
JOS. A. nioouK,
€4 Eaiit market St., ludlauapolia, Ind.

THE
Kansas Loan & Trust Co.
TOPGKA, KAN.
•CHOICE FIRST .MOKTGAGK LOANS at high Fates
of Interest, it has neKOtlutud over S<i,000,000
<»f these loans fur Savinjis Banks, Insurance Comand private parties East. Send for

•circular.

Car Trust Bonds,
wh make a

spbcialtt of these vert
safe securities, and but and bell same

at market

price.

we offer a limited amount of cesir
able car trust issues, additionally
secured by tub direct obligation of
thi kailkoao equipment company.

POST, MARTIK
No. a4

&

CO.,

4:1

10 Eagle.
15 Empire City.

20 frank. 4 Em.
23 (iuardian.
'•i

Genuauia.

J.

50 National.
20 New York.
23 Niagara.
20 Phenix.
00 Itutirers.
10 star.

30 SterliUK.

PINK HTKEET,

N.

Bailey,

PINE STREET.
DEALINOa IN

A SPECIALTY.
CMh paid at

once for the above seoaritlee
be sold on commission at seller's option. or they
;

&

Reed

Flagg,
Duncan Building, Cor, Nassau & Pine Sts.
ENTRANCE

No. II

PINE STREET,

BROKERS AND DEALERS

Bo

IN

iV r>

and the abstract

examined

of title

and approved by our Counsel.

And

In

no Case

do we loan more than 33 1-3 per cent of tha

t

ROBERT

Lii.NO.X

BCLKNAP,

TllKA.Sl-nE'S OFFIfK,

NO

appraued value
Located as

we

of tbe properly.

are at Kansas City, the Metrop

Treasurer.

IVORTHERN
PACIFIC RAILROAD
-^^
COMPANY,
17 BllOAl) ST..)

Nkw YiiUK, AURUSt U. 1K.S4. )
Coupons of the Pcnd dOreille Division Bonds of
Company, due Sopteiiihor 1st, prox., will be paid

uponpresentatiniiat

the Southwest, with a population

oils of

we

100,000,

o

arc able to select from tUe most

ROBERT

olliceon andalt(!r tliat date.
LK.NO.X BELKNAl', Trea.surer.
tliis

desirable location.?,

and place money to a mucb

better advantage for the lender tUau firms lo-

s.

New York or

QFFICE OF THE ONTARIO SILVER

cated in

^-^MlXlNi; COMPANY, (Mri.LS BUIT-DIXG,) No. 15
Broad Street, Now York. August lU, 1884.
DIVIDEND No. B8.
The Regular Monthly Dividend of FIFTY CENTS

not have a personal supervision of tbe invest-

per share has been declared for July, payable at the
of the Company iti San Francisco, or at the
Transfer Aj^ency in New York, on the 30th Inst.
Transfer books close on the 25th.
LOUNSBERY & HAGIJIN. Tran.sfor Agents.
office

OF THE JOCUISTITA HIINOFFICE
I.NG CO.. Mills
York, August

Builui.no, No. 15 Broad

IS),

St..

New

1884.

DIVIDEND

No.

ments.

Jocuistita Minine Company has this day declared a quarterly dividend of Fifty Thousand Dol-

belnR FIFTY CENTS (5(lc.) PER SHARE,
payable at the olflce <.f Loimsbery & Hawln, Mills
Building, No. 15 Broad Strei't, on the 30th inst.
Transfer books close on the 25tli inst.
R. I'. LOUNSBERY. President.

Boston, where they can-

Satisfactory references will be

fur-

nished.

The borrowers pay us
interest

is

collected

tor our services,

and remitted by us

York exchange the day

it

falls

in

and

New

due, with

no

charges to Investors.

Write us.

13.

The

I^XisccUaucjoiis.

Fifth

to invest,

stjitiug

and ask

how much you would

like

tor particulars.

JARVIS, COIVKEIIV

madison Square,

26

NEW YORK.
CO.

Charlier Institute,
108 West S9tU Street, Central Park.

FOR BOYS AND YOUNG MEN
FROM

SEVE.V TO

TWENTY.

Re-opens September 23, 18*4.
Thirtieth Commencement June 15, 1885.
Over 2,000 pupils prepared for Colleges, Scientiac
Sci^miis and Bus iness.

n* SILVA

1VT,J»IEi'JLllornierly Mrs.

&

Ocdcn

silts.

BRA DFORD'S

English, French
and (.erman Boarding and Dav School for Voung
",'"' Children, ?>o. IT West 3!Slli Strei-I,
V
vi'.l'
New\ork, will re-open «(cl. 1. Application may
be made by letter or personally as above.
11. itTnian's)

CO.,

&

Schley,

MEMBERS NEW YORK STOCK EXCHANGE

The Largest, Best Appointed and Most Liberally
Manaued Hotel in the City, with the Most Central
and Delightful Location.

HITCHCOCK, DARLING &

&

KAN.SAS WTY, MO.

Groesbeck

Avenue

HOTEL,

"Y.

INSVRAIVCE STOCKS
will

a thorougli personal inspection of tha

security

Shs.

Home.

23 Howard.
21 Knickerb'k'r.
70 Loni! Island.
50 Mechanics".
ISO Mcli. S Trad.
».j .Muriant

S.
7

TllEASUHEU'S ofi?k:k. No. 1" Bkoai> St., )
-N'KW YollK, AuRUst M. 1884.
f
For the purpose of the Annual Meetitij; of the
Stockholders, the hooks for lie transfer of the common and prefencil stocli of the Nortliern Pacific
Kaih'oad Company will clusi' at tills oftice AuKUst 23,
at :i P. M.. and re-opcii ^oittcnibcr 21 ut 10 A. At.
By order of the Board ot Directors.

tVI>llKl.'>l«iillAJfl,

t*.

No. 36

E.

NORTHERN COMPANY,
PACIFIC RAILROAD

lars,

PINE STREET.

FOR SALE -INSURANCE STOCKS.
£hs.
Shs.
20 American.
07 Continental.

piulxlentls, Stc. made

Itttcvcst,

this

T. B. SWEET, Pres.
GEO. M. NOBLE, Sec,
Is the oldest and larsrest institution in Kansas,
«lvlnR exclusive attention to the NeKotiatinK ol

panies, Estates

pioved and productive property, after we have

Private

BROAD

ST.,

NEW VOUK.

Wire conncclion with Phlliulelphia,
Baltiiuore and Washington.

&

Spencer Trask
Bankers,

Co.,

Nos. 16 AND 18 Broad Street,

Transact a General Banking Business.

Branch Offices:
Connected by PricaU Wires.

Philadelphia, 132 Soutli Third Street.
Albany, N, Y,, 65 State Street.
Proviilence, R. I,, 13 Westminster St.
Saratoga, N. Y., Grand Union Hotel.

xmm
HUNT'S MERCHANTS* MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED
IKntcreil according to act of Congress, In tlic year

VOL.

1

884, hy

Wm.

Dana &

B.

SATURDAY, AUGUST

39.

CONTENTS,
Tlie Flonnolal Sitnntiou
lTni<iii Patltlc EurnlneB

rates

of

the

Bauktiyateiu

Monetary

li>7

English News
200
Oonimercial and Miscellaneous

News

National

201

199

»nd Railroad
Sto ka

New York

Local Securiticfl
20ri
Railroad Earnings and Bank
Returns
207
Inveatiuentfl. and State, City
and (Corporation Finances... 208

and

Bonds

203

Prii'pg at

BMwk ExcUan«e

the N. Y.

201

THE COMMERCIAL

Commercial Ei-ltome

211
211

Cotton

TIMES.

I

BreadstuHa

I

l>ry

216
217

Goods

%\xt dxrouicle.
Thb Couubbcial akd

New York
I

Entered at the Post Office,

Fikarcial CRKomcLB U pvMiihed in
every Saturday morning.

New York. N. Y., as second-class mall matter.J

and if wo are to have no railroad wars but full
and honest management, are still a good purchase.

Up

to this time,

IN

ADVANCE

For One Year (incliuUug postage)
ForSix Months
do

^10 20
6 10

Drafts or Posr-Otltce Money Orders.
A neat tile cover is furrii.sheil at .50 cents; postage on the
cents. Volumes bound for 8iili3cril>er9 at $1 00.

August recording a loss instead of an improvement. This
worthy of notice since it is a result reached in face of the
fact that winter wheat has been wholly harvested and
oats and spring wheat are also harvested in part, while
the movement of oats, com and wheat are all in excess
There is only one conclusion that can be
of a year ago.
drawn from such a statement, and that is that general freight
and passenger traffic must be greatly reduced, and, so far as
the returns

with Messrs.

Commkuoial

Is

18

England.

Euwakus &

the particulars,

the unresponsive

illustrate

earnings,

we give below

'»

*

NEW YOKK.

81 WllUaiu Street,
Post OKFiuB Bux yds.

the

ri!<.vn

>

Nameof Roaii. Week or Mo

1884.

Ced.R.&\'o 2 wks Aug
Canadian PaciHr 2 wks AUj^
Central Iowa ... 2 wks Aug
Chicago it Alton; 2 wits Aug
Chic. & East. Ill 2 wk< Aug

90.371
280,000

stocks have been able or have attempted to market their
securities; in fact,

among

outsiders there

is

httle financial

Chic. Mil
Ciiic it

P. 2
Northw. 2
.t St.

are not to any extent in the market at present.

weather has been

warm and

Still

the

Chic.St.P.M.*0
Ciu Wash. & Ball

i

2

Dcs Mo. fi l-'t. D. 2
Dct.Lans'g&No. 1
Evansv.

Jc

T.

Mani'tt

848,u00
2 i2,.il7
74,107
2 ,S49
1

15,2iiO
iy,9(!l

II. !2

-11

.ton

1

VIll.L.HIi.AiWi^t 2
Nf)rtliei'n Pacific 2
Oiilo Central
1

wk

Aug.

wk AUK.

Peoria U &Ev..| '2 wka Aug
8t.LAlton.StT.H 2 wks Aug
Do.
(lircha
1 wk Aug.
St. L. Ft S. &W.. 2 wks Ang
I

St.
St.

Wan Fran 2 wks Aug
Paiil&Dul'th 2 wks Aug

L

I
I

wks Aug'
wka Aug

it

*

97.627

425.824

1

Aug
wks Aug
wk Aug

Increase.

*

27,833
46,109
487.316
22,1.S2

34,636
4.^,610
10,S9ii

20,6K4
197,155
55,347

Total
Net decrease

Decrease.

$
7,25»
lO.OOO
53B

1,423

69,>f4«

26.%

809,627
9i 0,800
196.000

10,627
112,»0»
6,517

...

..

S.i.28.'

11,15»

22.024

67*
1,151

14,l(H'

e,54l

26,502
3r,5!i7

3,413

88.960
15.037
360,184

16b

e,9i»
23,418
4,0S3
14,214

12,731
44.911

415,3r2
60,336
36,913
5 37.740
9,775
34,910
41,1 50

29,0.'-2

10,836
6,129

39,365

60
7,077
4,4-.9

44ri,4.50

40,!j6e

23,845
29,32H

5,308

63.117,
13,2S4l
12,7671
132,74*1
64,877|

probably very favorable for

the crops, the banks are full of funds and extremely de-

the railroad

reports so far as

1833.

5 ,000
6),5iil
799,0011

wks Aug
wks Aug
wks Auj;
wks -Vug

;

strength and no great speculative courage, while investors

August

427,217

)

It is not likely that the holders of

character of

290,00(1
51,5.36

I

in advancing prices.

is

received.

wks .\ug
41,010
)
Flint it P. Marq. 2 wks Aug
82,012
Fla.R'wayiNav 1 wk Aug.
15,200
Grand Trunk ..i wk Aug. 9 33h,76H
TffE FIXANCIAL SITUATION.
ur HavW.itHt.P. 2 wks Aug
8,618
30,rt97
S. Fe 1 wk Aug.
The conditions at present controlling the speculation in GulfCol.it
111. Cent. (III. So
2 wks Aug 3.Sd.300
Do (la lines) 2 wks Atig
54,.6O0
"Wall .Street have favored values this week, and the operat- K.C. Ft.S.it (iulf 1 wk Aug.l
4:i.0t2
I.,4iuisv it Nastiv.' 2 wka ,\U!^^
498,375
ors for a rise have had no difficulty in sustaining and even Muwaciiii'i-it No. wk
8,M:i.T
1
.\ug.

jnMr!;

conclusion

that

in a word,

;

<'li-.v.Aliron\-C<il 2 wfc.s

Buildings.

a
'"'"""

disclose

though the production of crops is
the production and marketing of goods is small.

confirmed

niir

same

a.nu I'i.sanciai, Chronicle In London
cmitii, 1 Drapers' Gard^-na, E. C. where
suliscriptioiis and advertisements will be taken at the regular rates,
and sinirlc copies of the paper supplieil at la. each.
Tlie ollice of the Ciiromci^e in Liverpool is at B 15, Exchange
la

little evi-

railroad earnings so far as reported

life,

is

To

i

Annnal suhsoriiition in London (Including postage)
£'i 7s.
Sixmos.
do
do
do
£1 8s.
These prices include the Investors' Supplement, issued once in two
months, and furnished without extra charge to subscrlhers of the
CHHosrcLE.
Subscriptions will be continued until definitely ordered To bo stopped.
The rul>Ii;diers cannot be reapouaible for remittances unless made hy

Offices In

however, the roads exhibit very

dence of returning

large,

TERMS OF SUBSCRIPTION-PAYABLE

Tlie office of the

1,000.

in

Quotnt ions of Stocks'and Bonds 205

Murlcet, Foreign Exehangc, U.S.Securiiles, State

In

Commercial

THE BANKERS' GAZETTE.

Money

Bangn

and

lOi

and

CliiirKcs

NO.

1884.

23,

STA'JBS.

Congrcw, Wnftliington, D. C]

active again

THE CHRONICLE.
Exti-iiKldii

in the olBec of tlic Librarian of

C«).,

a,3.51,330 5,558,672]

1,663

17,507
2,394
7,8iJ7

44,407

9,530
121,793

325,915
201,123

some running
and only two of the lot
ing in that event a continuance of ease in money and show any considerable increase. This may be corrected later
for the time being immunity from the silver danger, while on when the yield of corn and cotton have also been fully
general business though contracted appears at least to determined, and they begin to be marketed freely; perwear a hopeful look.
haps then money will move faster, the traveling public
sirous of putting

them out

safely,

a renewal of gold im-

ports seems likely in the course of

coming months

insur-

Here we have

thirty-three roads reporting,

through the winter wheat

section,

feel richer and the distribution of goods be more active.
with the plans of the But should not the outlook,, as so far developed, incline
operators for a rise.
They started their movement from the speculator in stocks to make haste- slowly ? It cerunnaturally low values on good properties, and have had tainly seems perfectly safe for him to wait just now.

Altogether then there has been nothing in any of these

particulai-s to

interrupt or interfere

that circumstance favoring them all the time.
To legitimate trade, the crop condition, as we have from
Even
-now there are stocks which, if business is soon to be week to week remarked, ia a very promising feature. And

THE CHRONICLE.

196
although

it

would be unreasonable

to

expect as a result

[Vol.

XXXIX.

In the seven months to the end of July there have

1883.

been 78

idle days against only 51 in 1883, and yet this
and that all our spindles and furnaces are to find profitable additional 27 days of idleness has effected a reduction in
employment again, yet as the season progresses it is fair the output of only about 5 per cent.
In advancing prices of stocks this week the plan purLow prices
to expect that moderate hopes will be realized.
sued
most
by those who are manipulating the market has been
in
returns,
but
will of course net the farmer smaller
wise
food
a
one, that is they have spent their main effort on
and
cheap
larger
production,
securing
a
cases he is
Among these Union Pacific has been the
lowers the cost of living, and benefits consumers and there- specialties.
favorite.
We have tried to present the true condition of
It_^still looks also as if
fore manufacturers everywhere.
A rumor
otir cotton crop was to be a large one, notwithstanding the this company's affairs in a subsequent column.
loss in Texas from drought, which has now prevailed so is current that Mr. Gould is largely interested in Union
The Grangers
long in some sections as to place the plant beyond recov- Pacific, having bought in at low figures.
ery.
But almost everywhere else there is a pretty fair were further moved up on continued favorable crop newsyield in prospect, and in at least some of the States a prom- Another feature was a rise in the Eries, accompanied and
ise of a larger crop than ever raised before.
We likewise perhaps stimulated by the statement of Mr. Vanderbilt that
look upon the contraction in the production of cotton he had been investing in these properties and that he regoods as a favorable feature, both remedial and pruden- garded the impending change of management as likely to
tial.
Stocks were accumulating rapidly, making forced be greatly beneficial to the company and the means of presales necessary, and there could be little hope of any serving harmonious relations among the trunk line roads.
recovery
in
the
position
long
so
as
all
the The Erie securities, however, subsequently underwent a
spindles were, kept in motion.
Besides, no time for decline, claimed to be wholly due to realizations and to

that defalcations and failures are suddenly to be arrested,

stopping could be so opportune as the present,
is

temporarily in

very short supply

;

any

when

cotton

activity

in

operations

by the arbitrage brokers.

occasion also on

Monday to

Mr. Vanderbilt took

reiterate his denial of the state-

demand now would have put prices higher only to fall ment regarding a contemplated issue of debenture or other
when the new crop began to be marketed bonds by the New York Central, and he stated, besides, that
freely.
Increasing stocks of goods made with the raw he had not sold any of his Lake Shore.
This allegation
again decidedly

material abnormally high,
possibly forced to a sale
low,

be put on the market and

to

when

cotton

would be a risky venture

As

nothing worse.

it

is,

the

—a

is

had a favorable influence upon the last-named stock, and
New York Central. Within a day or two Mr.

perhaps abnormally later upon

waste of strength,

if

trade has been benefited

already by a returning steadiness in prices and renewed

—

Butter, the president of the

New York

that although the earnings of the

Central, has stated

company have

decreased,

expenses have been correspondingly reduced, and therefore the net will show but slight diminution.
This
is
important,
as
bearing upon the ability of the

among buyers the latter would not take hold so
long as they saw spinners determined to play into their
hands.
company to maintain current or slightly reduced diviThere seems to be increasing evidence that the coal trade dends, but the proof of the statement will not
be presented
may have to pass through a somewhat similar process of until the report of the company for the third quarter of the
activity

contraction

or

reorganization.

arrangement now

in force has

The
proved

wholly

unnatural

itself utterly

fectual in meeting the requirements of the situation.

inefIt

recognized that the country will not take the full production of the anthracite mines at present quotations,
and yet the coal companies are unwilhng to allow any

is

reduction in price, which would tend to increase consumption; so to prevent an undue accumulation of stocks,
they

production by stopping work at the mines whenever the supply on hand threatens to become burdensome.
restrict

There

year

made

Still another feature of the week has
San Francisco stocks. This was caused
by good earnings and by the announcement of the completion of negotiations for a traffic arrangement embracing the
St. Louis & San Francisco, the Atchison Topeka & Santa
is

been the

public.

rise in the

Pacific, thus

& Pacific and the Southern and Central
making a through route from St. Louis to San

Francisco.

As

Fe, the Atlantic

part of

the arrangement, the Atlantic

Pacificlias purc'liased 242 miles of

&

track from the South-

ern Pacific, extending from the present western terminus
& P. to Mojave, 382 miles fron San Francisco.

no allotment of percentages to the different comof the A.
panies, but simply an agreement to stop all'
work for a
is

Chesapeake d Ohio figures of earnings and expenses we
upon have now succeeded in obtaining for June and the prethe output during the remaining days, and the mines
can ceding months of this year.
The comparison with other
then be worked to their utmost capacity, while at the
same years is rather unfavorable both as regards gross and net
time every company is at liberty of course to
open any earnings, prevailing conditions having been adverse. The
number of new shafts and collieries. And this indeed is
general depression in business was one of these and the
precisely what most of them do.
The companies are contraction in the cotton
certain

anxious

number

of days.

No

restriction is placed

movement

another, the receipts

keep their tonnage over the railroads at
of cotton at Norfolk, one of the road's termini on the
its full limit, so tJiey endeavor to
make up for the loss Atlantic, being only 145,909 bales in the
six months of
entailed by idle days by increased work and
increased this year, against 299,130 bales in the
corresponding
yield on other days.
The result is, that the burden period of 1883.
Then the road must also have
of the stoppage bears very unevenly on
the different suffered from the low rates
of freight on through
companies, and in its very nature tends to
increase traffic from the West.
Examining the loss for the half
the producing capacity, while the great
need at the year we find that it occurs
almost exclusively in the
moment is to hmit that capacity. In illustration of
the last three months— April, May and June—
and this is the
increase in the capacity for production
that has taken period in which the
15 cent rate as a basis for grain from
place even within the last twelve months,
we need only Chicago to the seaboard prevailed.
The Chesapeake k
say that with a stoppage of full twelve davs
this year, Ohio has within recent
years paid much attention to buildagainst only six days in 1883, the output
of the mines in ing up for itself
a traffic to the sea in the productions of
July, 1884, was reduced only 13,072
tons, or but one- the
Ohio Valley, and to this end greatly increased its
half of one per cent, below that of July,
1883, the figures facilities at Newport
News, which has developed into quite
being respectively 2,G02,C14 in 1884 and
2,615,680 in a shipping
to

port as a consequence.

So long as the regular

AuousT

THE CHR0]V1CLR

38, 1884.J

was 25 cents or more, the Chosapeako & Ohio, liavin^^
power to make concessions to the sliipper,
could got a share of this traffic, but whoa the rate fell to
15 cent this condition of things was changed, and no doubt
some of the more Northern routes got a good portion of
the business that would otherwise have gone to the Chosapeako k )liio. Below we give an exhibit of gross and not
earnhigs for June, and the six months ended June, for four
rate

it

witliin its

197

shipments of currency to the

liberal

activity in

money

at the

The following statement, made up from
by us, exhibits the week's receipts and
shipments of gold and currency by. the Now York banks.
returns collected

WMk EtMng

SMpiMdbv

Jiw). 22, 1884.

Oarmusf

lUSU.QOO

1001.000
•300,000

Outn.

M.OOO

LoM.

tl.'AOOO
aoo.ooo

tl.OS^lAMO

1801.000

Oatn.

I»3,000

Oold
Total

Ohio.

1883

18S4.

June.
Gross oiiruiiij£s
OperatliiK expenses

1882.

211,135
203,018

The above shows the actual changes in the bank holdings
of gold and currency caused by this movement to and from

323,815

200,907

20!»,758

271,382
180,973

56,355

111,087

81,409

38,117

1,711,206
1,200,883

1,790,859
1,261 098

1,399,119
1,063,891

I.29i;.123

1,135,619

Netoanilngs

411,321

53.3,763

335,'223

16'>,471

bo

noticed that

Nelearuingg

It

will

unfavorable, not only with

for

June the comparison

1883, but also with

the half year, however, the showing

is

t«nilen

$170,000 of tills tran.Hfprrcd In the shape ot silver certifl< ates
deposit of gold in tUo Bub-Treasury.
•

257.2i')2

Jan. 1 In June 30—
Oros8 eiu'iiluxs
OperutliiK oxpeusos

goM and leml

1881.

9

$

Nttlnttrlor

N.r. Banla. N.T.Banla.

years.

&

looked for in

is

the near future.

<

CiiBSAi-iiAKK

and more

interior,

West and South

is

1882; for

behind only 1883.

by a

In addition to that movement, the banks have

the interior.

$1,000,000 through the operations of the Sub-Treasury
and have gained $1,725,000 by imports of gold, $1,600,000
lost

which was received by the Assay

of

Adding

paid for this week.
above,
total

we have

week but

Office last

those items, therefore, to the

the following, which should indicate the

gain to the N. Y. Clearing House banks of gold and

The

loss, as compared with the latter year, in the net, is currency for the week covered by the bank statement
to be
about $91,000, which reduces them to $444,324. In the issued to-day.
whole of the year 1883 the net were $1,300,858, while the
tr«* BnMnt Aud. 22, 1884.
Into BankM. Outo/ Bankt KU Olutnte in
cash liability for interest in 1884 is stated to be $1,279,Bank HoMtno*.

The

260.

loss thus far in the current

year would reduce

the 1883 net from $1,300,858 to $1,215,419, which would

Banks' Interior MoTement, as abure
8ub-Trea».oper8tlon8 A gold Inip'rts
Total Kold and legal tenders

11,051,000
i.ias.ooo

1,000.000

OalB.
Gain.

l2i»,C0O
729,000

$2,770,000

11,801,000

Gain.

1978,000

1801,000

them "$64, 000 below the requirement for interest.
The Bank of England gained £81,820 bullion during
But the last six months is always the period of largest
the week.
This represents £9,000 from abroad, and
earnings, and it is possible, therefore, to retrieve the loss
of the early months.
With through rates restored, and £72,820 from the interior. The Bank of France gained
with the Ohio Valley boasting of a tremendous yield of 4,574,000 francs gold and 2,170,000 francs silver, and the
wheat, the road ought to do better on its grain traffic, Bank of Germany, since the last report, has lost 612,000
The following indicates the amount of bullion
while the present prospect is that it will also obtain a marks.
in the principal European banks this week and at the corlarger cotton traffic.
place

Foreign exchange has been dull though firm, rates having been advanced half a cent yesterday. The demand has

responding date

last year.

August 21, 1881.

been light and the supply of bills comparatively small, although bankers report a disposition to draw against future
cotton shipments and

some have

tances for western lands.

Still

bills

made

against remit-

the indications point to lower

sterling, unless the speculation in stocks

induces European

holders to realize on their properties to a large extent.

Money
last

in

London

is

again easier, falling to 1| against 1|
is at present no expectation

week, and therefore there

of a rise in the

Bank

of

England

It

rate.

is

regarded as

Oold.

Bank
Bank
Bank

of

England

SUvtr.

23,180,550

,208,«25 10,924,990 39,414.125 41,442,903
,&91,250 22,782,750 7,611,500 22,831,500

Total this week
Total prevlnns week

The Assay

23, 1883.

Gold.

Silver.

521.492

.

of France ...
of Germany

August

73, 327,367 63,707,740 70.500,175 64,277,403
73. 157,341 83.905,202 70.302.973 «4.1R0 715

. .

Office

Treasury during

the

paid

$90,4;J9 ^through

week

for

domestij

the Sub-

bullion,

and

$1,597,335 for foreign bullion,'_and the Assistant Treasurer

unhkely that the Franco-Chinese complications will have
received the following from the Custom House.
any considerable influence either upon Paris or London in
the event of a war, except possibly a fall in rentes, but this
will not

Oontisting
Date.

Duliti.
77.

aSect exchange.

QoUi.

The following shows relative prices of leading bonds and
stocks in London and New York at the opening each day.

"

19...
20...

"

21...

Total

..

Notes.

of—

Oold

Silver Oer-

Oertifle's.

tifleate$.

68
84
95

$13,000 $154,000 $331,000
1,000
55,000 203.000
3,000 18d,000 222,000
8.000 157,000 348.000
6,000 137,000 268.000
142,000
2,000 170,000

$172,000
9J,000
193,000
157.000
116,000
163,000

if3.300,953 10

$33,000 $859.00<' 1,511,000

$893,000

Aug.l5...
" 16...
" 13...

"

5.

$670,933
351,717
603.938
669,951
526,867
477,543

41
12

80

UNION PACIFIC EARNINGS AND CHARGES.
Union

Pacific has

again been one of the most active

stocks in the market, the price
57:^^

movement
•
t

Eiprosaed in tlielr New York equivalent.
B<!bdint; on basis of $50, par value.

in

this

—

30th of June
(

Ex-interest.

Brokers' balances continue without material change as

are

many

advancing imtQ

it

touched

The continued and sustained upward

yesterday.

is

property

—the stock

occasioning

much

inquiries as to whether there

sold

at 28 on the

and there
any substantial

surprise,
is

basis for the risa The statement of earnings for the month
although a hardening tendency is perceptible. of June, issued last Friday, proved to be much better thaa
The banks are loaning freely on double name commercial expected, and Mr. Adams, the ;iew President, is quoted
paper, the supply of which has recently increased in con as saying that a turning point in the company's affairs
sequence of reforms in the methods of transacting busi had been reached.
It is wise therefore to study mor«
ness by the dry goods houses.
Western papers report closely the true position and capacity of the property.
to rate,

THE CHRONICLE.

198

examine critically tlie company's
Boston,
affairs, is further stimulated by a dispatch from
that
stating
office,
Treasurer's
the
purporting to come from
"
the
at
are
company
of
the
earnings
June
the May and
"rate of 81.000,000 'surplus per annum, after paymg all
•"fixed cliarges and a dividend of 7 per cent on the stock."
But the details
Tliat would be very interesting, if true.

The

to

disposition

XXXIX.

[Vol.

As to charges, we make up first
main or parent system, taking all the items
the same as in the last report, and adding on interest
months.

the twelve

those on the

on the eight million new collateral trust loan, the
same having apparently counted only in part in the year
1883, and then we also add on interest at 6 per cent on
the 5 millions net amount of floating debt that the Govreport states existed on the first of
-which accompany the dispatch show that the author of the ernment bookkeepers
statement has used merely the figures of charges given in
the last report, without making any allowance for increase
in

and, moreover, these charges

in the present year;

them

•cover only the

main system

the earnings on which

of 1.821 miles of

the calculation

is

road, while

based cover the

in full

April.

As

have to be met on account
branch roads, we find on reference to this same
Government report, that the total interest on these roads
to the charges that will

of the

the calendar year

in

was $2,510,900, of

1883

which

and the interest on this branch system is $1,595,791 was on bonds held by the Union Pacific itself,
But this allowed
Besides, it strikes one as being rather singular to leaving the net charge only $915,109.
-omitted.
only
Oregon
Short Line
average
of
for
an
$7,700,000
pick out one or two good months, and by the simple
while
now
the
total
is
outstanding,
bonds
$14,800,000.
year.
process of multiplication determine the result for the
Evidently this recital of facts was intended to be as favor- Hence in 1884 there will be an increase in the charge in
branches as

well,

ingenuity could

able as

make

amount

Another statement we the further

it.

$420,000

of

have seen was as markedly inclined towards the opposite
side, for the author, among other errors, committed that of

additional 7 million bonds out.

making the government requirement 25 per cent

held by

earnings, while the law calls for only 25 per cent

of all

on the

On

not be forgotten that aside from
the

it,

company

stocks which

the

6 per

on the

cent

it

must

the income on the bonds

an income on some of
have assumed that the
derived exclusively from roads

also has

We

owns.

it

—

the other hand,

would seem, therefore, that there former kind of income is
whose earnings are included in those of the Union Pacific,
is need for a ffiir and impartial review of the company's
which no doubt is not altogether correct; by t we can not
resources and requirements.
and therefore allow
tell how much is not so derived,
correct
stateOne of the main difficulties in preparing a
ment of the company's income and charges lies ia the fact nothing for a possible offset here. Wo are equally
Some
doubt as to the income from stocks.
that the accounts of the main system and of the branch in
systems are much confused and cannot be separated with- of this is from roads whose earnings and accounts

subsidized sections.

It

under the method of reporting them in
Thus the monthly returns of earnings invariably
embrace not only- the operations of the main system, but also
of certain branch or connecting roads, though not all, and
to determine just which are included and which are not,
and the charg^es on each, with allowance for those whose
securities are held almost exclusively by the Union Pacific
itself and therefore entail no outlay to it, is a problem that
out great

difficulty,

practice.

On

•cannot be easily solved.

containing

repoi't,

made up on

guide to

tlie

the 1,821

miles of main

Union

make

But even if we could
would yet not be possible
how much or which of these dividends would be

to tell

that the dividends on

That involves a

loss of

We

and knowledge to

help us out in cases of dovibt and uncertainty.
shall use, not the totals for

any one month, but the actual figures for the first six
months of tbis year combined with the last six months of
last year.
That covers the period during which tlie company's

business has

been

declining so

earnings so steadily diminishing.
•end of

June, though they

may

The

largely

six

months

and

its

to the

not offer a correct guide

to the results in future months, certainly form part of the

and as such cannot be disregarded. As to
the second six months namely July to December we
cannot of course say whether the result will be more, or

3 per cent

favorable than in the corresponding period of 1883
but it would certainly seem fair to use that period as a

—to

over $100,000 in income from
this kind, as well as

such

then had already suffered a large decline

This would leave $301,923 as an

$9,227,130 charges of every description to be

on the 00 millions stock outstanding.

a brief recapitulation of the figures

is

Here

that lead to this

result.

Net earnings first six inontlis of 18^4
Net earuin^s last six luouths of 18S3

$1,2<!!>,'n3

6,»3 i.lll
$ll,lU.5.<v?.t

Total

Deduct for old accounts charged

off

by order of Mr. Adams.

4i>i'.0Oi)

$10,'375,0-2 4

Result

—

less,

basis, as the net

for instance,

stock liave ceased.

met, reducing the amount to $8,925,207, against which we
have the above mentioned income of $10,075,024, or an
excess of over $1,700,000, equivalent to a little less than

•current year,

—

notice,

sum from the Union Pacific's own earnings to its income
account, we will arbitrarily knock off $400,000 of the
$701,923 which the company received from its stock
offset to th3

we

We

Utah Central

To cover contingencies of

stocks.

investments in 1883.

First as to the earnings,

it

continued in the present year.

we

facts

the case, of

system

on the entire system.

and depend upon outside

is

income.

Pacific's credit in

the proper distinction,

shall utilize the information there given, however, as far as
can,

this

dividends as would be merely a transferral of a certain

therein, therefore, furnish only a par-

actual results

and where

course a corresponding amou-it must be placed to the

is

the ye'arly tables of accounts, &c.,

the basis of

and the figures

_.alone,

tial

all

the other hand, the annual

are kept entirely distinct,

Clmrscs p»id in 1883 on Uniou Pacific uiaiu system

( 1

,821

uiile.s)

Tntero-t on

bonds

Disc^dunt, iuterest,

*.'i!l,fif.7,711

oseUangc, &e.

Duo UniledStates

177. 8"3
l.S'iO.n.^M

funds
Adil int. on 5 n.

47<!,489--$7,192,021

Sliililnif

c. collateral trust (8 millions).
interest at 6 per cent on Ave luillious net
dcl)t reported in April
Interest paid on branch

400,00 J

Add

tlciiitinfr

800,00

)

from §8,32,3,918 in 1882. In this way, as
oails in 8:i3
$2,510,900
Less amount on bon«^8
the net for the first six months of 1884 were $4,289,913,
lield by Union Cacilic. 1,!>9.5,791— $915,103
Add int. on 7 niiliious additii nal
-we would get a total of $11,125,024 for the yearuuiount of Oregon Sliort Line
bonds put our.
420,000- - 1,335,10)
including in this the branch roads.
From that" f^tal,
$9,227,13
however, we deduct $450,000, being the amount of old Deiluct amount
received
Un.
$G,835,1

1 1

1

1

;

by

accounts against income that Mr.

Adams

reports he found

had not been charged off, and which he directed should
be deducted from the net as given for the six months
ended with June. This leaves us net of $10,G75,024 for

Jji's-*

jtUnwHnce for losses and

B

K

ilauce

This

w.'\»

701,923
re-

400,000—

duelious

*

P.

18S3 on stocks held

in

301,923— 8,925.207
.J!l,749.-<17

after deduollng $010,700 received on aooount of land sales

cusas Pacific.

1

ACOUST

THE CHRONICLR

88, U«J4.|

Barring only a further

numths of the year

si.x

during tne

in earnings

fall

— below

poor result in

the

above computation stiould err

last

188.'!

(

)hio

19»

had 707. These ten .States combined had 1,203 national
and all tho rest of the country hail but 752. There

])iink8

was complaint that the limitation of tho amaunt of airnmcy sliut out the rest of tho country from thu privilegesment is very likely to bo less than in ISS.'i, since tho of the system. However it might have been if free bankcharge is reckoned on the earnings of tho subsidized lines> ing had been granted when tho country was prosperous,
and it is on these lines and not the new or branch roads
instead of when it was passing through a season of depresthat the earnings have decreased.
Then, in our endeavor sion, the increased Uberty did not lead to any great change
tile

unfavorable.

Tlie

the side of being too

o;i

amount duo the United

.State.s

Oovorn-

—

way of charges against incomei in the situation for many years. The whole number of
we may have made some of the items of increase too banks was only 2,092 in November, 1880 a gain of only
heavy. That is very possible, since we have but meagre 137 in seven years while the aggregate capital had actually
information in many important particulars.
To tho diminished from $488,101,000 to $464,365,000. In the
to count everything in the

—

—

extent of course that this has been done, would the balance

above remaining bo
shonld be said
receipts

year

last

that

from land

balance

this

in

been

same amount

allowed

of the gross interest charge, that being

company out

by

the

tho

of

proceeds

Kansas
mortgage, and the proceeds from
trustees

the

of

in

repaid

land

the

of

as

reduction

sum

the

sales

consolidated

Pacific

year ending November,
of sixty banks,

1880-81, there was an increase
and a further small decrease of capital to

.$463,736,000.

Since that time there has been a large in

crease in the

number

aggregate capital
in

of banks

and a moderate increase of

— 2,298 banks with

$488,169,000 capital"

November, 1882; and 2,519 banks with .$513,411,000
In order to sliow the stationary character

capital in 1883.

of the system, so far as the remote parts of the country

on the Kansas are concerned, from 1873 to 1881, and tho change that has
In addition to since taken place, we compare the number of banks and

sales

division being applicable to this purpose.

the

it

independent of the

the

sales, e.xcept that

—$6 10,700 —has

the

And

further augmented.

still

$616,700 used in reduction of interest, the land their capital (in thousands, OOO's omitted) for the years
1883 netted the company $3.040,l()7, and it seems 1873, 1881 and 1883, by States and group.? of States.

sales in

amount will be even greater in 1884,
on the main line and Kansas Pacific division
for tho seven months ending July 31, are reported at

certain that the

1873.

since tho sales

same period of
1883, though the gain occurs almost wholly on the main

$5,o28,3.)0, against only $2,190,909 in tho

\o.
til

N«w'JTiii»rB!tiro..

ii
40

the reader will be able, as hereafter each month's earnings
are issued, to revise tho above balance for the year.
course,

it

is

as respects

The

on current income.

its

charges

Couiieciiuut

Kew England...
NewYorfc.

when based

diCBculty with the Government,

and the amount due the same, are important matters, but
have no bearing upon the present inquiry.

rSTEM.

The Comptroller

of the

188.'i,

the

number

Currency began

his last annual

of national banks

of
of

all

States and Territories

It

would

organized was

the States in the

number

beyond the Mississippi

—

was almost a quarter of a million dollars $219,150.
was a system of great banks, or rather, at that time,
advantages for small institutions were not
of

the

Eastern States.

(Jf

much

It
its

recognized

the whole number,

banks reported September 1,1873, New England
had 496 and New York, New Jersey, Pennsylvania and
1,955. of

$(7,409
12.720
to, 508

13.':ot

15
41

1,377

fl

278

$109,135

298

$315,390

(il

13.ti-3
52,59l>

ti7

12.95)
51J,8.'5

11

l,.=)2-i

33

13,t)40

2;h
14
38

5

1,6.52

<j

11

0(i.47->

20 065

1

25,5 10

1

1

1,744

7.075
B7.T61
20.540
25.'.'37

27,911

179

29.iti9

292

$220, 145

8.0

'«.!02.4J8

922

$213,332

Virginia

2t

$4,935

$3,40G

17
10
12
13

2,'.(i«

$2,96f>
1,8 <ti

2i

W.wr

IS
J7

1,^>75

15

19
15

1.991
2.401

3,141

13

•d.ro
1 8iii

2, ,'78

li
2
9

VirBiiiiii....

Ctntilina...
Oai-oliim

.

trettriiiu

K.mi'ln
"'J

"i'.siy

\

13

l,80rt

13
2

2 S31

lOii

1,508

10

1.49i

3

175

Gi

2 2S;

liO

Sti
2.1

"8. 104
3,2i7

"52
•2H

3,473

31

12,016
4,615

141

$27,425

164

$27,1«1

195

$31,114

7(i
S»J

$9,774
17.247
20. 68
3,440

80
93
140

$9.3:i

«ll,.5.->6

3.1

13,'20l
I'i.ogi
3,19'»

S8
B7
161
45

(I.S2

79
30

B.' '. 3
4,981

111

3,850

43

!M30

The 0:d West... 449

$60,431

458

$51,817

5j8

$71,237

9

$4,850
775

7

$2,375

11
2

1.175

9
46
5
6
22
33
35
43

$3,425
3,9<a

Soutlieastern

...

134

Iltimiis

43
75
31

loM'rt ...

Mliiueso'jt

r.ou'nians

6

Teiii--

o

1

.1

205

4,710

3

8.0
75
50
200

101

$19,150

112

$14,092

"8

$ -..

I

1

75
200

1

•.'5cl

575
1,775

37
9

Ni-Uriisk:i

Paciac Slope...

Examining

2J5

4
17
It
22
13
3
12
1

30<)

I
25

9,49>>

1

also

In 1873, the year before " free banking" was enacted, the
average capital stock of the national banks of the country

outt^iile

314
70
274

$165,999

7.8

1G>

have appeared that while the average Wydiiiiug
capital stock of all the banks reporting to the Comptroller
The New West
in November, 1882, was $203,750, the average capital of
amVSuuih
these new banks was barely more than one half as great
Ariz iia
$109,350.
These facts emphasize two changes which are ('alirorni.a
Ni-Viida
gradually taking place in the national bank system, and Utah
which it is worth while to examine in the light of still Malio
Wuhhingtoa
more recent experience.
River.

*167,856

555

ArltanstH

in

5tii

'20.325

$151,115

1

.=i.8 1')

75o

new banks; and they would have found further that 130 New Mi-xici)
C.ilurado
the new banks, more than one half of all, were estab- Kaii8.(n.

lished

$19.3-5
6.155

49t>

',

C'apituL

Middle Stites...

Novem-

lieing the largest

Texas led

72
48
47
24«
03
88

2.',50.>

i'i,:35

7.i63
89.1B2

since 1865.

at discovering that

.1S10,28J

1,804
14,214
1,377
35,300

Touncsjeo

number established in any year
Those who were curious enough to look into
the location of these new banks must have been surprised
26'2,

iV').

I

report by remarking that during the year ended
1,

Cii/iit'tl.

211
t2
80

$9, 12.^

Migsishippi

tCouimunicatcd.

138J.

yo.

District Columlda.
0:iio

.S.>iUli

THE EXTENSION OF TEE NATIONAL BASK

Capital.

09
47
47
215
62
85

203

t'cniiBylvnula

>i<'i-ili

S

..

Of New Jursi-y

has been our endeavor to show merely what the

company's position

ber

...

Hlioile (n himI

"With the help of the foregoing facts and suggestions,

1

Maine
MnsaiolmSBlta

line.

18S1.

Slttlcn.

1

4110

1,277
H2'>

925
2.5

1

13,843
23,574
4.09 •
9 014

455
550

ism
2.355
5,935
3,005

4

425

30
10

1.771
1,240

248

ii>24,77'.J

1?

1,750

1

7

45(>
5H(>

3
13

200
795

(2

93,985-

70
325
i

$
"i

3,100

'"•3

"mo
250

1

100

-1

$135

1,300

1

1

5

39J

75
!

j

10

$3,95-1

this table

the national bank

~17

by groups

capital

of

$2.:<20

i

of States

New England

we

see

that

increased less

than two millions in two years, from 1881 to 1883; that of
the Middle
States, four

.States,

eleven millions; that of the .Southea-stern

millions; that

of tho six

States

which

wo

denominate "The Old "West" nearly twenty mOIions; that
of the great tier of States and Territories from North to

THE CHUONICLE.

200

millions;
South, from Montana to Louisiana, nearly eleven
half.
a
and
million
and the Pacific Slope a

movement

at the pains to trace this

But we have been

for the time that has elapsed

since the last report of the

In fact we have gone back a little beyond
Comptroller.
the date of that report, and have exam'ned the location
and capital of all the banks, 234 in number, whose corpor
ate number is above 3,000, thus incluling about fifty
which were comprised in Mr. Knox's report for 1883. Of
these 234 banks, 28 were established in Kansas, 23 in

Texas, 20 in Nebraska,

7

in

Missouri, 6 in Dakota, 5 in

Still

further

West we

Oregon, 2 in

New

find 2

new banks

in California, 2 in

Mexico, 2 in Idaho, 2 in Arizona,

1

all.

in

The

Utah and 6 in Washington Territory— 17
whole number of new banks in New England was but
in

9

in those classed above as Middle States, 39; in the Southeast, 18; and in "The Old West" the following numbers:

Michigan, 10; Indiana, 3; Illinois, 10; Wisconsin, 6; Iowa,
No less than 146 new
or 58 in all.
19; Minnesota, 10

—

becoming a matter

this one, is

munities at a distance from

XXXIX.

of importance to

New

com-

the

York. Boston and Phil,

we may

fairly hope that unreasonable opposition
and that the real advantages and the real
defects of the system as it is may be candidly considered.

adelphia,

will

cease,

pl0ttetar iji©o mmcfcial ^ixglisli ^txos
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
Aug. 8.
SXOHANQB ON LONDON.
AT
LONDON—
EXCHANGE

—

Montana, 2 in Colorado and 2 in New Mexico making
in all 93 new banks in the seven States and four Territories which we have classed as " The New West and South."

[Vol.

On-

Time.

Latest
Date.

JtaU.

Amsterdam Sbort. 12 214 »12'3'4
«12-l3t
Amsterdam 3 mop.
'•
•2T57 a 20-61
Hamburg
"
20-37 @20ei
Berlin
*'
20-57 a -20-6
Franlifort...
*•
l'2-28«iail2-33%
Vienna
n
•25-11
®25-45
Antwerj)
Checks 21-15 a>23-20
Paris
3 mos. 25-33% a-25-334i
Paris
*'
23Ii,«®23%
at. Petersb'g
((
Genoa
25 41i4®25-46i4
"
46iHi«lR%
Madrid
*'
461Ii6a46l:'l6
Cadiz
((
Lisbon
52 352116
.

12m

Time.

Rate.

Aug.

8 Sbort.

1210

Aug.
Auk.
Aug.
Aug.
Aug.
Aug.
Aug.

8 Short.
**
8
**
8
"
8

Aug.

8 3 mos.

Aug.

8 3 mos.

....
....

. .

Alexandria..
Constant'ple
New York...

....

Bombay ....
Oaloiitta..

60 dys.

Song Kong.
banks were established beyond the Mississippi; 88 east of Sbangbai

2517

"

25-18
24818

**

8

47-"60

....

52 'a

....
....

....
._..

*

—

8
8

20-41
20-42
12-14
25-20

Is. 7ifld.
Is. 7i<!d.

....

Aug.
Aug.
Aug.
Aug.
Aug.

8 Cables.

4'-8i%

**

8

la. 7i.32d.

"
8
8 4 mos.
8

Is. 78j„a.
3s. 9il.
58. 2l4d.

that river.

These are nearly

all

small banks, as will be seen from

the following
$7,450,000
220.100
600.000
675,000
ICO.OOO
3,901,000
7,580,000

149 banks, capital $50,000 each, total
do
55,000 do
do
do
4
60.000 do
do
do
do
10
75,000 do
-do
do
do
9
80,000 do
do
do
do
2
100,000 do
do
do
do
39
from $125,000 to $1,000,000
21
do
do
234

$20,585,000

do total capital

The average

We

capital

is

thus below $88,000.

do not know that these

facts

have any particular

bearing on the questions which have heretofore been in
controversy between the advocates and the opponents of
the national bank system.

But they do tell

their

own story,

both of the growth of our Western communities and of a
tendency to assimilate the banking systems of the new

[From our own correspondent.)
London, Saturday, Aug. 9, 1884.
The heat during the past week has again been almost tropical, the temperature in the shade having at certain portions

day been as high as 85 deg. Farenheit. It is some years
and from present indiThe
cations there is no prospect of immediate change.
weather is, however, very favorable for agricultural interests,
and harvest work has made rapid progress. The advantage is
that there is no delay, and the probability is that the barns
of the

since the heat has been so protracted,

with the newly-harvested produce. This
farmer and he will have the advantage of having secured crops which are immediately in a
very marketable commodity.
The many adverse seasons
against which tliey have had to contend for a very long time past
have at length given way to a season more than usually brilwill be rapidly filled

will be a great saving to the

The mercantile community in London and, indeed, in
our leading commercial centres is out of town, and there is
the country.
To a certain extent, also, they show the no immediate prospect of active business. As far as the Stock
adaptation of the system to the wants of small communi- Excliange is concerned, there has, we believe, been some imties
not necessarily in the precise form which existing provement as regards the amount of business in progress,
law has given it, but in the general organization of the but there has been irregularity in prices. Some disappointing
dividends have been announced by those railway companies
banks. The higher the rate of interest which prevails in
which embrace the manufacturing districts, owing to the una district, the less, under existing circumstances the price
satisfactory condition of our trade during the past six montlis.
of bonds is the most important of them
will be the profit At the close of the year, however, better results may be
on circulation. It can, therefore, hardly be supposed that shown, as increased wealth, arising out of an augmented
It is, we bethe extraordinary development of national banking in the production of the soil, must iiave its influence.
Far West and Southwest is in any degree the result of an lieve, correct to say that even if trade is quiet there are elements of soundness in it, and that there is some reason for
effort to secure a profit on circulating notes.
It has taken
believing in renewed prosperity.
place in spite of the obstacle of an exceedingly small profit.
The money market has been decidedly firmer, and very little
But if it is an object to bring all the banking of the coun- disposition is shown to take in bills under IJ^ to I'-g per cent.
try under one system, the present tendency might be The Tiea.sury bills having been disposed of at a higher price
encouraged by the adoption of some more profitable and than had been anticipated, the market has assumed a firmer
more permanent basis of circulation than the present one tone; but it cannot be said that there is any activity apparent.
caution with which business is conducted contracts the
can be. Indeed, this extension of the bank system The
supply of bills, and money being difficult to lend, the demand
increases the necessity for giving early attention to a prob
for them is somewhat eager; but is not suflficiently so to depress
populations of the

West and South

liant.

to that of

the rest of

all

—

—

—

lem which we have often discussed, and which ought to be rates.
promptly decided. The establishment of sound banks iu
The following are the quotations for money and the interest
by the discount houses to-day and same day of the
all the large towns of the West and South would
allowed
greatly
increase the commercial power of these communities, and previous five weeks
diminish the strain upon eastern financial centres at cerInttrest oHoioed
Open market rattt.
tain seasons.

such banks,

Evidently there would be a vast number of
if

the conditions were favorable.

Heretofore

much hostility to the whole system on
the part of representatives of the very sections which are
now awaking to its advantages, that adequate legislation
on the subject has been out of the question. Now that the

i
^
1

Joint

Disc-t

Wsi

At ItolA
Four
»iur
Six
Three
Six
Stock
Months Months Months Months Months Months Banks. OalL Day$.
Three

there has been so

maintenance of a good banking system, not necessaril/ of

for deposits by

Trade BUla.

BankBiUs.

July 4 2
•'
11 2
" 18 2
" 25 2
Aug. 1 2
"
8 2

IHM - 1W9 I 1-16

2

@- 1«@2

IH®- 1%9 -

1>^«2

VA® - 1«9 - 2 a - 1«®2
i«a - m<9 - 2 ® - 1«®2

1?<®2M 2«98

»<a8

9H®m

1«®2!4!2)4®8

1«®3«2«@S
l«9 - 1«® - 3 O - m®2 IH^iH 'ii6»3
—
ii«<a
2v«<a - 2 a
!««
a 02^ 8 (» —

1

IX-IM

1

1

H
a
a
a

1

V!

1
1

1

H-H
H-H
H-H
H-H
H-H

AuousT

THE CHRONICLR

88. 1884.]

201

The foUowiag return shows the present position of the Kingdom has been augmented to the extent of 200,000
Bank of England, the Bank rate of discount, the price of qimrterH. The total is now 2,048,000 (juarters, comparing
oonaoLs, the avenvRO quotation for English wheat, tlie price of
middling upland cotton, of No. 40 mulo twist, fair 3d quality,
and the Clearing House return for the pa.«it week, compared
with preTious years:
1883.

1884.

1882.

1881.

«

t

A
20.341.730

Publld itxposiM

28,600.845
313.73 7

OtlUM'ill"|>i?-,lf«

2r>,li3..'M8

4,40:1,713
22,391,4(51

Oovoriim'l socurltlea. 13. 577,7(53
Ottii'r s.'iMirities
2:.30-.878
Kt>s"vt'.»(ii(>te8 9a, coin 12,758,064

20,742.207
12,249,049

01r(;n1atlon

C»iii

.uid

.'^,

biilliou

In

both ftopiirtmenta.. 23,00.509
rate
2 p. o.
CutlHOlA
lOOTig
Eiiif. whuut. »v. priuo
37s. 6.1.

23,811,419 22.00?, 133
4 p, 0.
3 p, P.
99 'art
100

Bank

Ml(l. Upl.incl .Dtton..

fii4(1.

No. 40iiiiiletwl8t....

9!Wa.

CIoarliii;-Houiier«t'u.

07,890.000
97,890.000

The Bank

totals:

27,126,325 27,391.178
3,121.740
4, 1.'.2,737
25,772,350 25,7<i7,i02
13.917.570 14 00 1.049
22,748.454 2.1,427,766
10,691,833 13,032.567

i,9g-'.r;ii

1

43a

3d.

21,673,712
2'a

n

p.

lOOHs

old. 3d.
7d.

59|,il1.

9d.
0»id.

40.1.

10 lad
89,933,000 108.700.000
10>4d.

91,949,000

and open market rates at the
now and for the previous three weeks

Imports

in Aintust

Iiuliorts in

7 months

have been as follows:
.4«(nut7.

Rata of

JvlV

81.

/U<|l

July

84.

Kxportsiu 7 Mionlbs

Bank

0pm

Ban*

Open

Jtatt.

Market

ItaU.

Kortet

Part!
B«rlln

m
m
m

3
«

Fnnkfort
Hamborff
Anuterdam

—
—

Bmmela

8

—
—

9K
ZM

3

RaU.

»«
««
2M
8«
s«

3
4

8H

Banfc'

S

Open

Bank

Open

Uarlut

Rate.

Market

4

^
m
««

3

m
m

3

—
—

9H

Uadrid

8

5

5

3
S

lenna

4
•

9X

«K

4

3M

6

e

4

4

4

8
4

6
4

Petenborg.
Copenbaxen...
St.

B

8

iH

3
S
4

ZM

8K

4

6
4

6

:

Gold.— Witb no arrival..! to report, business has been dull, ftnd recourse
l:as been had to the Bnnk to (111 all orders. The Bank has sold i358.i 00
during tbe week, wbieli has been sent to Canada and the United States.
taklun

The quotations

£ ;o,000

Bombay.

to

Aug.l.
t.

d.

Bar KoM. fine
os. 77 10
Bar gold, contaln'g
80ilwt8.9ilTer..o«.

20,817,724
137,784,029

430,001.095

2l.(i:)V.(l22

London.

8tU.

per oz
Uonsols for money
Oonaolg for aooount
Silver,

uOHig

d.

Mon.

TUM.

5013,8

5013,,

lOOOg

100 «8

100 >«

100%

100%

Fr-oh rentes (in Paris) fr 77-55
U. 8. 4iss of 1891
11451
U.S. 48 of 1907
123's

77-75
11458

lOOOg
77-67>« 7S-471a 78-27ia
114% 114% 1143^
123i«
123'8
12.. Is
47 14
4718
47 H!
91i>8
8g>3
9014
1916
1838
19%
130«p 131 ifl
131
5813
58ii
5838
Ills
15
ll^e
111% 11318 I 110%

Chic. Mil.

123%

47

&

47>8

89

8t. Paul....
88'B
Erie, common stock....
18''e
Illinois Central
128!l»

129%

SSH

58'a

18>«

Liverpool.

14>4

uuie
Mon.

Sat.
d.

1.

Tut*.

i.

M.

d.

Plonr (ex. State).100 lb. 10 9
10 9
10 9
Vheat, No. 1, wh. "
8 7
8 7
8 7
Spring, No. 2. n. "
7 2
7 2
7 1
Winter, South, n "
9 8 19 8
9 8
Winter, West., n "
7 4
7 4
7 4
"
Cal., No. 1
711
7 11
7 11
"
Cal.. No. 2
7 6
7
7 6
Corn, mix., old... "
5
5 6
5 C
Jom, mix., new.. •
5 51a 5 6
5 7
Pork, West. mess. . 9 bbi 09
09
69
Bacon, long clear
50
51
52
Beef, pr. mess, new.^l te 77
78
73
Lard, prime West. ^ cwt 42
42
41
Ofieese. Am. chiilee
|.i3
52 6 |52

IH.

Thun.

Wtd.

5013,8 .5013,8 6018,,
100»9
lOiHg
I00>9
100% lOOIli^ 1<jO»,«

d.

10 9
8 7
7 1
9 8
7 4
7 10
7 4
5 6
5 8
09

18l«

]3l>4
S8>s
141%

111

FH.

$.

d.

t.

d.

10
8

9

10
8

9

7
9

1

51

6

7

9
7 1
9 8
7 4
7 10
7 4
S 6
5 7
09

7
8

4

7 10
7
5
5

52
79
41

52

123>s

Thurt.

Wtd.

:

4"

11 38

1

4
8

69 II
52
79
40 6
51 6

79
40 6
il

for bullion are reported as follows:
Price at Gold.

—

•/I,874.1i78

:

In reference to the state of the bullion market, Messrs.
Pixley & Abell remark

is

233,'.17.157

Philadelphia & Reading 14is
Sew York Central
(109%

—
—

SK

1884.

£14,203.416

:i5I.011.7O8

EiikIIbIi market Reports— Per Cable.
The daily closing quotations for secunties, &c., at London,
and for breadstuffs and provisions at Liverpool, are reported
by cable as follows for the week ending Aug. 22:

Pennsylvania

3
4

18?3.

«31,320,0"0

241,l7H.2'f4
139,<;53,508

Canadian Paciflo

Interatat

1-832.

£34.059,770

K.xports in Aii^nst

rate of discount

chief Continental cities

The Ancona

with 1,077,000 (juarters at tliis i)eriod last year. It may now
bo exi)octed that a larger quantity of wheat will l>o in view.
The Board of Tnule returns liave just I)een issued, and they
exhibit rather more favorable results. The following are the

Jul]/ 31.

AvD.

d.

d.

•.

T?ll«

77
...

U«
.

.

7.

Jtty

Bm

Bar sllver.oontalningSgrs. gold..oi.
(^Ice silver. ...o«.
Mexican dola...oz.

SIX

51M

sou

aoH

Chilian doll

»w A nxi^ •a'TYmr«Va«.V4 *.- tnr

<

*i

31.

—

National Banks. The following national banks have lately
been organized:
3,230— The Charleston National Bark. Charleston, W. Va. Capital,

d.

BarsllTer.anc.oz.

77 10

Span, doubloons.oi.
8.Am.doublooiu.oi.
U.S. gold coin... 01.
a«r. noli coin.. .01.

if.tWW'\%vt%\*^^fAlt

Price of Silver.

HOH

$50,000. (ieorge

M«

8.

Couch, President. Charles P. Mead, (I .»hier.
of Rapid Ciiy, Dak. Capital, $.,0,000.

3,237— Tlie First National Bank
Richard

01.

C.

Lake. President.

James Halley,

IMPOBTS AND EXPORTS FOB THE

Cashier.

WEEK.—The imports of last

week, compared with those of the preceding week, show a

Tenders for £2,005,000 Treasury bills were opened on Weddecrease in both dry goods and general merchandise.
The
nesday at the Bank of England. The amounts allotted were
In bills at tliree months, £1,(535,000 and in bills at six months, total imports were $7,544,207, against $9,449,305 the pre£430,000. Tenders for bills at three months received about ceding week and $8,437,234 two weeks previous. The exports
72 per cent and above in fuU those at six months at £98 148. for the week ended Aug. 19 amounted
to $7,233,518, a^nat
lOd. and above received in full. The average rate was £1 6s. Cd.
$6,393,766 last week and $6,830,561 two weeks previous. The
and for six months, £3 Ts. 6d. per cent.
The failure is announced of Messrs. C. J. Meier & Co. pro- following are the imports at New York for the week ending
duce merchants, London. The firm was largely engaged in the (for dry goods) Aug. 14, and for the week ending (for general
drug trade, and more especially in cinchona bark.
merchandise) Aug. 15; also totals since the beginning of the
The price of the Dutch 4 per cent loan issued in Holland first week in January:
was 101 ;\'. The amount £4,975,000— was quickly subscribed,
FOBKIOH IMI>OBT8 AT NEW TOBK.
:

;

:

—

and the subscription list was closed on the 7th inst.
The new companies and loans introduced this week are
Highland Fisheries, limited, capital £200,000 Lanark-shire &
:

;

Ayreshire

Railway, capital £375,000

;

London Chatham

&

Dover Railway, new second 4}^ per cent preferences stock
amounting to £306,960, and also £440,000 4 per cent debenture
stock.
It is estimated applications have been made this year
on account of new companies and additional capital to the
extent of £72,694,000, against £59,653,000 last year and
weather, already referred to, and ample supplies
of foreign produce, actual and prospective, have caused the
wheat trade to rule dull at decidedly low prices. In a few
days we m.ay hope to have somewhat liberal supplies of homebrilliant

grown wheat

offering,

prices are very low,

am'Tmer'dlse..
Total

1881.

1882.

•«3,182,748

5,641,019

$2,930,277
5,538,491

$3,723,797

$8,474,708

$10,802,374

7,544,267

$86,581,217
204,447,305j 234.051,937

881,292.-202

$7«,737,466
203.017,386

1883.

$3,274,132
7,528.242

1884.
$2.''41,413
4,702.8.-4

tHneeJan.l.
>ry goods
Gkin'lmer'diBe..
Total

$71,873,026

214,232,379

33 weeks. $270,120,931 $321,233,154 i295,521.581 $270,754,861

In our report of the dry goods trade will be found the im.

£86,231,729 in 1882.

The

For Week.
D.-y goods

and there

is

week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Aug. 19, 1881, and from Jtuiuary 1 to date:
ports of dry goods for one

BXPOBT8 FBOM NEW TOBK FOR THB WEBK.

no reason, even though

why

they should accumulate any considerable stocks. So long as these are ample, their better
policy would be to purchase from hand to mouth, as there is
no prospect of any advance in the quotations. Some new
wheat has been on offer, and indicates that both quantity and
quality are satisfactory.

The quantity of wheat and

1881.

For the week...
Prtiv.

«9,238.094
235,930,948

reported..

Total 33 weeks.

on passage to the United

at the port of

1883.

48,374.433
210.832,079

1884.

$7,?31.518
192,3^2.041

t245,219,0t2 $211,027,984 $225,206,512 $190.6IA.5&»

The following
flour

1882.

$6,931,071
204.090,233

table

shows the exports and imports of specie
for the week ending Aug. 16, and

New York

THE CHRONICLF*

202
wince January

1884,

1,

for the corresponding periods in

and

1883 and 1882:
EXPORTS Ajro IMPORTS OF SPBCIB AT

NEW YORK.
Imporlt.

Exporlt.

1

[Vol.

XXXIX.

from hand to hand much the same as a bond, without registration. I
iiiid tliat no less than 21,700 cerliHoates of ten shares each were ontsiaudiiig at a ro.ent date; and npwatds of '.'0,000 cerlillcatcs of 100
sliares each, liidepeudciitly of a nearly eiiual ainoinit lielil iu eertilicates
of larger denominations, which will enaole you to f.irin some idt'a of
the number of hmlders, ( sliouldiiot be at all s irpii^Hd if the uinuber
Yours, very respectsctiiiilly held should approach 10,o00 parsons.
I
l". III NTINGTOS.
fully,
•

HineeJan.l.

Week.

SirtceJan.l.

Week.

$3,292,150
2,380,946
1,747., 63

$2.7.50 $26,469,770 $1,581,610

Great Britain

Qenoaity
West Indlea ........
;.
Mexico
Soutb America

i.V.sbo

4,352,824
l,CS8.'20
3,886 336
7.0OO
735,774

1,259

762,812

"bei

2,759

178.743
6,300

$20,473 $37,873,230 $1,717,310
171,065
274,16"
19,355
33,351,815

$9,739,577
5.279,818
633,302

Silver.

West

Intlles

.-..--

Mexico
South America
AU other countries

..

.

•

813
46 590
594,39 <
1,713,729
120.920
32,515

36',952

25,799
11,295
$68,i'46

$3,936,197
8,573,963
8,373,038

$2^9,61^
195. 00
298,430

Total 1884
Total 1883
Total 1882

$1,798

9

$254,840 $7,802,074
634,681
27,000
118,245
33,(91
6,518
20S,817
49,696
i',236
83,990

ereat Britain

of |1,000 each, apjilied to Governor Berry asking permission
to take the benefit of the funding act, approved in 1869. The
bonds bear 5 per cent interest, payable semi-annually. No
Governor Berrj' declined to
interest has been paid since 1841.
issue new bonds, and wrote the bank officials as follows
"Without deciding the question, I will state that it has been
quite generally charged that the evidence taken by a legislative committee in 1877 strongly tended to prove that the
passage of the act of the General Assembly of 1869. referred
to in your letter, was procured by fraud and bribery. Certainly, some of its provisions are in direct contravention of
the plainest principle of justice. For these reasons, and for
the further reason that but a short time will elapse before the
meeting of the General Assembly, when the settlement of the
legitimate debt of the State will doubtless be fully considered,
I decline to fund the bonds presented or to issue any new
bonds under the funding act of 1869."
.

li',279

All other countries. .

T»tal 1984
Total 1883
Total 188^

12i",662

—

Arkansas Bonds. The German Bank of Little Rock, which
for some time past has been the holder of twenty State bonds

$2,510,793
2,941.545
1,686,227

202.313
92,691

—

Virginia State Bonds. In referring to Judge Hughes'
Of tlie above imports for the week in 1884, $4,730 were recent decision about coupons, there was a misprint in the last
line of the item in the Chronicle of August 16, and it should
American gold coin and $8,081 American silver coin. Of the have read " coupons falling due afLer July 1, 1883.''
exports during the same time, §16,565 were American gola
In the Virginia Legislature, Aug. 15, a bill was passed in
the House by a unanimous vote amending and declaring the
coin and |il85,000 American silver coin.
true intent of the Riddleberger debt

bill,

so as to counteract

Sub-Tre.vsury.—The following table shows the receipts the recent decision of Judge Hughes, authorizing the funding
and payments at the Sub-Treasury in tliis city, as well as the of the coupons maturing since July 1, ly8i. The present
bill provides that no bonds of the State shall be given for any
balances in the same, for each day of the past week
coupons or interest maturing after the first of July, 1883. It
fixes that time a.s the date of exchange of the several classes of
Balanee%.
bonds mentioned in the Riddleberger bill.
Payments.
Receipts.
DaU.
Coin.
Currency.
U.

S.

Aug.16.
'•

1.809.259
3,23!,672
646,741
1,322,217
8' 4,346

1,474.768 98
2,8li5,248 13
1.576,561 81
1.0-12.711 37
1,260,253 31
1.008,337 74

18.
IP.

"

" 20.
" 21.

$

a;

S

02 12.1,813,257 60 14,106,5 '5 12
02 123.'3-.488 32 13,714.:i40 51

32
14
88
935,173 72

124.577,560 0.=. 13.9(15.683 27
121,482.922 05 13.560,824 50
124,883,104 81 13.556.518 14
125,077,497 34 13,170,'. 19 66

The press dispatch said: ".'-ince the decision of Judge
Hughes was rendered, coupons at the rate of over JsK.Ki.UOO
have been presented to the Second Auditor Cor funding. Tliere
now in existence nearly $3,.")0;),000 of these couiions. which,
but for this act, would no doubt be speedily fundeJ dollar for

are

and thus be made part of the principal of the debt.
The persons funding are required to produce with their old
bonds all the coupons maturing since July 1, 1883, or their
9,029,710 10
Total...
9,322. P8t 31
equivalent, and they receive in exchange Riddleberger bonds,
Holdings of Certain Railroad Stocks.— The Boston Post bearing interest from the first of July, 1883."
gives .some statistics of the increasing numljer of stockholders
Troy & Boston— Boston Hoosae Tnniu'l & Western
A Troy (N. Y.) dispatch says that rumors have been afloat for
in several corporations.
some time that the Troy & Boston Railroad would be purchased
Chicago & Alton. Mr. C. H. Foster, the Treasurer of the by the Boston Hoosae Tunnel & Western Railroad; also th.at
Chicago & Alton llailroad Comijany, writes:
tlie former would purchase the latter, and again that both would
Thcnunilier of sfockho'ders of this company at the clnsin? of the be consolidated. President Robinson of the former company and
books. Feb. 20, ],>-84,w!i8 1,313, ii^aiuat l,2l'G stockliulders at the ennie President Kountze of the latter, took a trip in a special car
tlmt^ last year. TUe capital ttocU
over the Troy & Boston road. Subsequently, President RobinPreferred
$2,"I25.400
son said: " On the trip no mention was made of a sale. It is
Common
12,5(jO,400
true, however, that the Boston Hoosae Tunnel & Western
Company some time ago made overtures for the purchase of
Total
$14,931,800
the Troy & Boston road, and a figure was named, but nothing
There has been no change in the capital stoctc the past year.
further was done. President Kountze had lieard that the
Pullman's Palace C.^r Co. The following statement is Troy & Boston rolling stock, &c., were in bad order, and so
furnished by the Pullman's Palace Car Company:
informed me. At my request, he consented to make a trip
over the road, and yesteraay admitted everything was in excelBoston. — /— Yfip York..-^
— Chiraqo. —
Totals.
« 22.

dollar,

—

l.s:

,

—

.

.

,

Illdrs. Skiires. nidrs. Shares. llUlrs. Shares. Hold'i-s. Capital.
1. '82.
246 24,081
849 25,211 465 82,870 1,560 $13,217 200
1, '83. 2.50 21,691
8^9 25,301
522 85,683 1,671 13,267,,=i00
1, '83. 228 17 038
9-57 27,127
612 88,483 1,797 13,-.'69.i;oo

Bate.

Nov.
Feb.

Nut.

23122.557 1.017 29,8(2

Peb. 1.'84.

720 93,236 1,998

11,565,500

Pennsylvania Railroad.— Mr. J. C. Sims, Jr., Secretary of
the Pennsylvania Railroad Company, sends the following comparative statement of the number of stockholders in that

company

:

14.721 stockholders
19,745 stocklinldiTS
17,718 BtockUi,lder«

November, 1882
Ma\' 18-3
November,' 18S3

shows a frnln of some 3,000 stockholders, or 21 per cent in one
year. The capital stock of the Pennsylvania is $85,301,3.>o divided
Into 1,706,026 slmrcs at $J0 i)pr shai-o. The divideml paid by this roid
Is at the r.ilc of iia per ci-iit per annum. The tollowinir
Is a staienieiit
Tills

of the dividends paid durinj; the past ten years: 1872, 10 per cent
137;<, 10 per cent; 1874, 10 per cent; 1875, 8 per cent 1876
8 per
cent; 1877, HH" per cent l»,78, 2rercent; 1879. 4ia per cent 18-0
pcr.ent; 1^81, 8 per cent 1882, 8 "s per cent. In addition tliere have7
liw^ii paid to stockholders during that time nearly 20
per cent iu oi«^i-»
stock
dividends.

lent shape.''

Wisconsin Minnesota

;

;

Lake Shore
Lake Shore

&

follows:

by

& Michigan

Southern.—The Treasurer of the
Michigan Southern Railway Company writes as

J'mi wa"*^'f'?lhnv>:""'"''"
18-*1. Febrnaiy
18.83, November

1831, February

°' •"" 8'<'«>^'«>l'>e™ <>" tl-o diitcs

named
o -r.,*•,','''

--'---''iiiiiii.'.'";!;;.".";;;:;:'

3;308

Ce.\tual Pacific— Vice-President C. P. Huntington
in
reply to inqumes regarding the number of stockholders
in
tlie Central Pat'ific Railroad Company, writes
as follows:
In rcplj; I have now to say Ih.-it it is not pracllcable
with procLsion tl.e m.mber ol dinVrent persons who arc stforusfo.tnte

any

°k

olders

,,?
Klveii date, for th- reason that tlie greater part
of the stock s he 1
small Rinoiuits and s continually chancinK hands.
Beii.K "cmno
stock" certlUcates, having dividend wan auts attached, it
passes
111

readi

i

y

I'acille.

—Tracklaying

&

on

this

w

—The Ontario .Silver Mining Company of

LTtah has reached
98th dividend, $75,000 for July, pajableatthe company's
office, San Francisco, or by Messrs. Lounsberry & Haggin, 15.
its

Broad

Street,

New York,

—

•

;

&

road, formerly known as the Pacific division of the Minneapolis
Louis, is said to be progressing at the rate of two)
.St.
miles per day, and the rails were laid recently to the n>
town
of Hanley, located at the crossing of the Yellow Medicine
River, 135 miles west of Minneapolis. From Hanley the tracklayers will proceed westward umil the line reaches Watertown,
Dak., which is commonly designated as the terminus of the
road.

Auction Sales. The following, seldom or never sold at the
Stock Exchange, were sold at auction this week by Messrs.
.Adrian H. Muller & Son:
Hhares.

SOKccIy MotorCo

6%

25 Coluiubin Bank. $100 each 83
l."0 SterliugMiuiiig (jo .$3 p. sliure
60 Farweil Con. Mining
C'onipauv
$1 p share
300 Winona (iold Min'g Co. for .f6
flOf) Gold Cup .Mining Co, ...hit $46
625 Trust Gold Miuiiif; Co.. lot $6
3i
Uvenlng Star Min'g Co. lot $65
10 Edison Klectric Light

Co

of Eiiropp, Liuiit'd.lot $'29
5 Solenoid Tel' plione Co. lot $3
40 Vela .Mndre JNIilliugaud
Reduction Co
lot .'?1

Shares.

11 Farmers' Lo.in and Trast

460

Co
12 Bauk ofthe State of

New
1(9

Y'ork

19 Union

Stock Yard and
of Chicago. .1 (5
100 .Jackson Iron Cti,$Jn e'ch.30l
U)0 i'iov.,.tStoi.iugtouSttam-

lYanMt Co,
sllip(^l

30

New

10.)

York, Nat Ex. B'k. 95
KuiKls.

$1,000 Chic. Danville & VinC'unes KK. Coin-. Mort.for $100
$-'9,0.0 Minn. Stale IMj

p. c.

200 American Antimony Co. lot $5
R't. Adjilsimenc liumls, duo
150 Yankee Smelting and
1891-liill
Io3il02'''s
Construction Co
lot $4 $3 (HID Roeh. & Pitts. RR. Co.
1.000 Fletcher Gold andSil•2d mort. lis. due 1''24
60
Miiiing Co
lot $8 $2,000 date City Gas Light
40 (iroi-eis' Bank
lot $15
Co. of Atlautu, Ga
55
4 Fourth Nat. Hank
112Hi

ACUUST

1884

33,

Xhv

THE CHRONICLE.

J

The posted

IBaiihecs' (gazette.

2tW

rates of leadin'f

banken ar«

as follows

Aiigmt 22.

SUli/

UlVlltBNUS.
Tbe

Otni.

nallrondM.

^^

Ct'ntrnl UK c^r N. .1.. i.imr. ((pinr.)
Cbi<iiK» Hiirllin;l«m Jil^'iincy
UchiwHi-.' iV' lioiiiiil KriMik (qiiiir )
Iowa Fulls A- .SiMiiv < iiy
IiiNiiraiK'C.
I

Sler

TV A in
Payable.

/•«r

Name of Oompany.

Con

Sept.
Sept.

Incii tnl
Kl'-c

Sept.

SJfl

1

OUiHett.
incliitivt

Auk. 16 to Sopt.

IS Auir. 2i to Siipt

—

18!44-3 P. M.

!2'2,

4 8:^>a

4"l
S21«4

ft

4<»«
9A»»

IBV
40^
«ft

The following are quotations in gold for rariotw

coins
Saverelfdu
:

$4 84

X

$1

Dtmattd.

,•..............•,....,.,..

N»poleoii»
3
X Keiohiuarks. 4
XOullrtera
3
.8 ian'bUoiil>lo«ns.l5
Max. Douliluon8..15
F ne silver hars .. 1
F n© nn\f\ bars

20

NEW YORK. PKIDAY. AUG.

Coins.

1

2

nay

*H2h

Prankfortor Bremen (relohmarki)

t

2

liiir

ooiiiiutiroial

n Miet
(Uayt

\

nib

mitrrllBllcOIIN.
]>clawaiv DividiDii Canal

we

Prtm©

follnvliu divliltiKU have rAoently iMAn annoanoeil

;

D

lueHi^ >a (llmea.

—

8.")

73

90
55
55

— 99\» par.
— 92 'a » — 94 ««
Muxirar. doUar«.. — hl^it — 97 ^U
Do iinc.iiiiiiuerc'l. — '(i'4*
— 80Hi3 — 82
PvriivliiiiHiiles

»$4 88

« 3
® 4
« 4
»15
a 15

9i)

Silver Ha and "as.
Fiv« frauos

77
00
05
65

Eutrlisli silver

I'.'irtS

I lO's
imi/»i9 preiu

99>^3

« 4 8S

4 78

U. S.tradu dollars— 86'a*
U. i>. silverdullarit- 09%«

par.

par

United stales Bonds. — Governments have iieen steady on
The Money SInrket and Financial Situation.—Again
record a week of favorable negatives— that is, no bad fail- a moderate business, and prices close nearly the same as last

no bad weather of general extent, nothing of importance
to detract from the progress that is being made toward a fall
season which it is hoped may bo one of reasonably fair business.
In making this statement it should not be understood
that any great boom is expected this year; on the contrar.v. circumstances l^y no means favor such an anticipation, and if manufacturers and merchants can pull through
the i)erio<l of depression whicli now exists without many more
ures,

failures of a serious character,

it will be all that is reasonably
have the main basis for a restoration of
to be expected.
prosiierity in the large croi)s now mostly matured: and in addition to tliis, there is much confidence among business men,
so that when the Presidential issue is fairly settled, tliere will
remain no obstacle to a steady recovery.
At the Stock Exchange, prices have been more than steady,
and in many stocks a further advance has been marked.
Tlie tone yet shows no sign of positive weakness, but even
should stocks rest awhile near their present figures.the advance
from the low prices of June would have been so large as to
show that the confidence in all well-managed railroads has

We

been thoroughly re-established, and the profits to those who
bave bought on the way up from the point of lowest depression have lieen very handsome.
Rates for call loans during the week on stock and bond collaterals have ranged at 1 to 3 per cent, and to-day at 132@23.2
Prime commercial paper is quoted at 5@6 per
per cent.
cent.
Tlie

Bank

of

England weekly statement on Thursday showed

a

gain in specie of £81,820, and the i^ercentage of reserve to
liabilities was 43 11-16; the discount rate remains at 3 per cent.
Tlie New York Clearing-House banks, in their statement of
Augu-t 10, showed an incroase in surplus reserve of iSljaOl,TOO, the total surplus being $33,.j38,;500, against $31,146,600 the
previous week.

week.

The closing

prices at the N. Y.
Tnlerenl
I'eriods.

^T

Board have been as follows:
AU9.

Auff.

18.

19,

Avg.
20

A tig.

Aug,

21.

22.

..reg.lq.-Mar. iiii« Ill's lU's'niiV 1117, *in%
.ooup. <}.-Mar. •'112-v''n234*lI2%*U29»«n-J««*112!H
4l«,18»l
,1907
..reg. C .-Jan. *12(|i4 12014 '12)13*120
4
•1201s •I20i«
41,1907
la0^'l2iHi 120
. conp. Q.-Jan.
120 •12018 1201«
• 10UI4 Moosg:
:ooi4
iooiy'MOoi«
option
...reg.
.-Feb.
33,
U. a.
-loos*
C
*I25 |"125 •127 *1V7 •127
Hsour'cj-, '95. ...reg.ir. & J. •126
•127 M27
•129 '129 '129
tti.oiir'cy, '98. ..reg. J. A J. *128
M21> *I29 •131
6), our'cy, '97. . reg. J. &. J. •130
M3I 'lai
•131 1*131
•133 'ISS •IBS
6i,our'oj-, '98. ..reg. J. & J. •13 2
.re?. J. 4 3. 134
*l:13
e^.oiir'ov. *99.
•U^S *135 *135 i*139

4 »«,1«91

1

.

•

TblB

the price bid at the morning board; no leUe wag mads.

Is

State and

Railroad Bonds.— There have been very few

sales of State bonds at the Board, and no features of interest.
Railroad ixjnds have been quite active, and several of tlie

speculative bonds have shown large transactions at the Board.
The Erie seconds, after daily tluetuatioiis of the week, close at

&

.and latterly they have been much less active.
Texas
Pacific Rio Grande Division have advanced to.>4"
Since
Pacific negotiation was concluded with the
the Atlantic
Southern Pacific of California, the A.
P. bonds have been
considerably dealt in, and the 1st mortgage bonds (West.
Div.) sold to-day at 84;Vi', closing at SSU and Incomes close at
East Tenn.
per cents and IniJoraes have also been
32'^.
active, presumably on the company's exhibit for the j'ear
ending June 30, and the fives sold up to 61 and Incomes U> 19i,;.
There is ((uite a general demand for bonds, stimulated by
the great abundance of money and the numerous Ixmds at
low prices; and the inducement to buy a few bonds of some
r.ailroad in embarrassed condition at the low prices ruling is
bringing a good many orders from pirties who have faith in
the ultimate capacity of the roads to earn interest on such
6.')J<,

&

&

•'i

bonds.

—

Railroad and 3IiscclIaneous Stocks. The stock market
on a moderate business ha< shown great firmness. The great
operators and railroad men are supposed to be nearly all bulls,
and the situation recently has not been such as to invite renewed attacks by the successful bears of May and June last,
and thus we have a market well supported.
The better
Xue following table shows the changes from the previous financial situation and abundance of money has also helpeil,
and will continue to help the railroads that have new
week and a compirison with the two preceding years in the securities to place, or adjustments to make -with their
averages of the New York Clearing House banks.
creditors or bondholders, and the same thing applies in a
measure to railroad negotiations ix-tween companies that are
18S4.

Awj.

18.

Differ'ner.s fr'm.

1883.

I'rcvioua Wcek,\

Arig. 18.

1882.
Avff. 19.

I.oaiis aud (lia $2S7.'i lO.CO' I>ic.$1.089.700 $329.4 Ifl.TOO $338,41.5, 4.)0
""
6jn>di>
""
7,0U,200
098,20(1
61,236,70(1
.^9.::f3S.;J03
14.32-I.6 10 'CO
Cireiilation ..'
1.'..')4j,0)(
48.8001
18. 131.0-i()
Net(lei>oslta .1 30l!.(! II. a 10 IllU
52>^.800! 323.0J6,200i 321.16.>7,ii00
Le):aU«nd<:i'».!
32.!Cd.aiO [no.
825,2001
20,510,.OOa|
22.063,300
'

I

.

I

XiCfral r**8erv(i'

$7(>,';72,8on

Re«i-rve

lOJ.Jll.lOO

lielil.i

flurpliM

flic
luti

$131,200 $=0,9\)6..5aO $80, 414,475
87,786,2001
SI. 301.600

1,523 400

$32.53^,300 tiin.?1.30l.700

$6,879,6501

$1,887,125

Exchajigc— Foreign exchange has been dull and steady
t hroughout the week until to-day, when an advance in rates
was made, mainly in conseijuence of the small supply of
commercial bills. The steamer Eider, from Europe August
16,

brought

?;.^0(),000

American gold

in British gold bars

and

^IS.j.OOO in

toin.

To-day the rates on actual business were as follows, viz.:
^0 days sterling, 4 82-,'^@4 83; demand, 4 84?4@

Bankers'
-4 a").

Cables,

@4 8i;^.

i&ViiS4

8r,}^.

Commercial

bills

were

4 81

Continental bills were Francs, 5 2Vi@5 Sl/ji and
6 183^'(»5 19?8'; reichmarks, 04 5-16(g»4?4 and 94Ja@9.5 guilders, 4(i@40iganil40i4.
:

;

entirely solvent.

A

first-chiss

transaction of the latter sort

is

week reported in Atlantic & Pacific affairs, which gives
company a complete through line, and throws a large
amount of bonds or money into tlie bands of the Central wid
this
this

Southern Pacific managers.
Union Pacific has been the leading stock in buoyancy, and
closed to-day at sales

from

riQ'^M'u.

The Oregon

lino is ne.arly

completed, and a compact with Burlington & tjuincy lias been
oni? of the things talked of as a point for bulling "the stock,
bi* it is evident that strong support from the pool has advaiiced the price.
The Vamlerbilt stocks have not Iseen particularly strong of
late, and a cut in passenger rates east from Chicago was today made much of in the newspapers.
The following is a statement of the operations of the New
York Central & Hudson River Railroad and the I^ike Shore &
Michigan Southern for the quarter ending June 30, 1884:
//. Y. V. <e
Lake Shore
lluftsnn.

Gross pamings
Upprntiiiif expciidcg

Uptratiug uxpruscs, per cent

Net

e.'irriinga

Interest

and

rentals

Nrt income

$!i,:<(il.071
4,2J2,'..iS

(tf6o7)

$2,128,813

if

J/irA.

.So.

$ii,538.378

2,030.211
(5r'38)
$1..508.;fc7

1,037.265
$t70.'>o2

Tl.e New York Central & Hudson makes the following exhibit
The following were the rates of domestic exchange on New for the nine montlis of its fiscal year from Oct. 1, 18d;i, to
York at the under-mentioned cities today: Savannah, buying Juno 30, 1884:
$;0.!»«5."9O
earnings
% premium, selling J4 premium; Charleston, buying par(i7i^, Orofs
Operating I'xpcnsrs (62 51-100 per cent)
13,13 J.a.'>o
selling 3-16,'rt !j- premium; Boston,
to 10 discount; New Oi'$7,852,840
Net earnii.pg
lean.?, commercial 150 premium, bank
4.185.000
£00 premium; St. Louis, Intereht. routaia and taxes
.—
25 premium; Chicago, 2.5 discount.
$3,667,810
Profits
.5

—

(1

10-:00por cent)

THE CHRONICLE.

204

NEW YORK STOCK EXCH\N«E PRICES FOR WEEK ENDING AUGUST
HIGHEST AND LOWEST PRICES.
STOCKS.

Saturday,

Aug.

lU.

KAILROADH.

Albany <t snsqucliiuma
Bostou Jt N. Y. Air-Lluc, prcf
Burlington Ceil. KapiilB & ^o.
CanaiUan l>.icmc
Canada souttiem
Colar Falls * Minnesota
Central of New Jersey

Monday,
Aug. 18.

Chesapeake

lie

Oliio

Cbicago * Alton
ChlcsBo BurlinKton
Chicaco Milwaukee

46
4G
37 'e SSH
"(ioii'iio'e

42

i2'4

1»3

13-3

.:

44 >a 46 14
38
38 >«

l'2'2l4

&

Do

pref,

Cleveland CoI.Cinn.A Ind

&

Clevolauil

PiltsburK, guar..

Delaware Lackawanna & \V est
Denver & Kio uramle
East Tennessee Va. & Oa

Do

pref.

34^

34 »4

95
40

9534

40

Illinois Central

Do

iie'ii

11
231a
36=8

34=8
Ua»4 i*7
40=4 40=4

Long Island
Louisville & Nashville
Louisville New Albany & Chic.

11

•21

23

common.

Do

l&a4

16

1614

5%

14
8884
•B4

1434

15

16>4
161a

84'8

84=4

86 '<

34 "'4

Si's

66

conSol.

721a 72Ja

Metropolitan Elevat«d
Michigan Central
Milwaukee L. Shore & West'n

Do

34=4

Do

Missouri
Missouri Pacific

35

38 14

"oi'14'64"'
43I3 4li«

8
IS'a 16 la
•91a 10
8

5%

6*^

'35" "33

pref

Ohio Central
Ohio <fe M iHsissippi
Ohio Southern
Oregon Short Line
Oregon A Trans-("ontinental..
Peoria Decatur A i-^vausville.
Philadelphia A Beading
Pittsburg Ft. Wayne A Chic.
Rich. A Alleg., sfk trust ctfs..

& Danville
A W't l"t Terminal
A Pittsburg
Rome Watertown A Ogdeu.sb.
St. Louis Alton A Ten-e Haute
Do
pref.
St. Louis A San Francisco

Richmond
Richmond

fli-J

A

8I4

18

10

I014

-21
36=8
981a

24

43

43

37'-.

981a

6=4

"oi>4

34
1'28=4

"6'2=i"63'ia

44 14

431a

8I4
16=4

S'4
1«=4

10

10Ui«
137
117ii

91a
221a
3714

O't

22

13,956
15,110

129,413
2,080
61,285

93=»

10

10

126

500

Si

2'25

37=4

27,463
6,5'37

4B

3,093

I6I4
87=8

IB

IB

84=4

80 H

67

35=8

361a

20

22

631a

63=4

361a

IB

106=8 107=8 106 's 108
7i«

-7
*ll--8

1'2

•7

12

71,

12

la's

161a

17 'a
37
1513

IS't
37 Si
151a

6713
36=4
211a

33

74=4

73%

76'.

10

10

'9

12

93
71

95 ig "9'6i.j 'Sc'ia
•71
72
71

15'e

10% 16%

33

33

'2213

94I8

33=1

16% 16%
33% 34%
21% 2'i%
92% 93%

21% 22%
92% 95
10
10% •lO

•7

18%

Is

7

•11

76

79

•10

12

29% 30
97% 99%
71% 71%
36

6=4

191a

89% 89%
17=4 19%

I5I4

177%
II'b 12%

37

16% 16%

36

13%

13

'I2ia

13
»3ia
4
•10

•3%
•10

•27"
2218
53=8

221a

221a 23=4

54

54

•2I4

2ia

2%

64=4
'2%

4
1'2

«2,-270

47,630

107%

1,6^0
se,7oo

29"

23% 24%
54% 65

2%

3%

8

9%

4

9%

"36" "so

23% '24=4
53% 66
3

3't

22% 22%
9

•3

•10

7%

108=4

6%

0%

80% 89%
18 =
36
16

17=4

I.'227

16i%
16=8

I7I8
16=4

27

'27=8

17 Is 17 'e
171-j
17
27
27

17% 18
17% 17%
27 'e 28%

"S%"'3%

"30"

23% 23=4
63% 54
3
3%
22% 22=4

23%
53%

9

391a

40% 43

3913

4%
18

£%

18

18

5% 6
28% 29

17% 18%
17% 17=4
'28% 30%
133
3=4

44
19

5%
28%

3=4

19%

17

'a

28% 29
19% 20

5%

29=4

30

22
30

24

25%

39

89=4

89=4

88% 88%

97=4
14=4

97=4
I514

97=4

49%
6%
6
6%
1014 •15% 16%
1B%
58
67% 6B%
67
24
16
16
17%
12 14
11=4 11=4
11%
100
100% 100 la «'J9 %

51%

24
39% 42

17%
16=4

28%

"30"'

23=4
63=8

3%
24
9
18
17
'29%

133

4

6
•18

23

3%
8%

133
4

5%

36

pref.

17

44

'22

Istpref.

17%

9
IV

133

18%

18

13% 13%
3% 3%
11% ll'i

4
12

42% 45

650
600
60
23

18% 118,883

16% 16%

36" "30"

9

1,370
2,B85

400
276

13% 14% •13% 14

3%

200

93%

176
13

620

93

11% 11% •11% 12%

17%

22,212
280
1,100
1,600

16% 16%
34% 34=4
21% 22%

115
37

15%

7%

12%

50
4,170
5,373
70,097
3,155
27,000

600
200

43

1218

7

70
36

II

"41
43
43%
lOTia 1091a 107% 109%' 106=4 108

•U

17
17
85=4

200

65

30

17
16
Si's
67=4

36
16=4
321a
21 '8
9318

lie

89 >4 89 >4
17 's IS's
38
39

171a

65
721a
91=4
701a

67 14
34'8
211a

6

35

66

34=4

•28

128

5=4

35
128

851a

10
87
66

70

341a
171a

66

124141241a
•41
44

4'.i

43%

45

'20=4

20=4

4=4

6%

1,125
101
2,200

100
111
70
800
13,344
20,276
6,398

500
600
6
72,385
3,140
13,044
175
1,000
1,160
1,900
10.310

31%

900

29%
45% 48%

4,835
0,315

28=4

00

90

340

Dolnth

Do

Paul Minneap.
Texas A Pacilic
St.

pref

A

Manitoba

Pacitic

Wabash st Louis A Pacific.
Do
pref
lHISOEI,L.\NEOi;S.
.

Tel. A Cable Co
Bankers' A Merchants' Tel..
Colorado Coal A 1 ron
Delaware A Hudson Canal

American

.

Mutual Union Telf^rajih
New York A Texa.s Land Co
Oregon Improvement Co
Oregon itaiiway A Nav. Co..
Pacilic Mail

Pullman Palace Car Co
Quicksilver Mining

95% 95%
I4I8
47=8
6ig
'1514
•56
«16
11=4

100
2II4

83

50%
109 's

Do

pref
Western Union Teleginph...

EXPKECiS.

29
66 'b
133

American

1141a

United states
Wells, Fargo A Co.

IN vctIve stocks.'

•61
•103

14=8

49

2II4

14% 14 \

48%

21%

21=4
a2=4 8'^»4
oils
61
611,
11014 IIOI4 111
6
•29
29
67
671a
67%

135
941a

54
108

131
94

135

•51

64
loe

104

Atchison 'I'opeku A tsauta Fe
Chicago A Alton, pref

Columbia A iMevuville, pref
Columbus Chie. A Ind. Central

Danbury A N orwalk
Dubuque A Sioux City

70

49=8
6

85

94%

6=4

May 22
May '24

8
49
30

.Iune30

00%June23
6=4

.Inly

80=4 June -27
28 .Iune27

100

24%

83

83

61%

51=4

110% 112

85
51
112

•29

•'29%

66=4

131
95

5%

•3%

'29

26

27

86%
86% 86%
62% 5!
61=f
61% 62%
113% 112% 115
115 116%
7

32

68

68

137
95

131
03
53

137
94
53

'103

110

54% 54%
103 110

27%
86% 86%
'27%

B9%

•5

131
•93
•52
'103

68% 69%
133

93
64
110

881
27,161
6,298

100
100

7

"29% »2

67% 69%

1,5'27

95

103

...

9
110

134,867

2
11
7

61
13
23

88

23%
35%
27

14=4

86

8

137%
129%
108%
1'22%

140%
157
1'27%

22

57%
55

118%
84
142

Feb. 13 124
77
JIar.

12

June 27 35

Jan.

Jan. 22
Jan. 21
Jan. 23
Aug. 18

Aug. 5

65

93% Apr.
65
79
24

10
23
85

4
7

Au,g.21

Aug. 22
Mar. 18

Auk. -20
June 27 40 Jan. 11
June 30 105 Apr. 16
61=4 June '27 94% Mar. 4

148

84%
17% 35%
13 -J 33%
92=4 114%
58
86%
40% 68%
30
38
80
38

68

53%
90
53

12% 30%
32
76
77
10
36

65

95%
100%

18
Feb. 11 16 Jan. 7
32=4 May 28 44
48%
Apr. 10
7% June 23 18% Jau. 7 16=< 30=4
17 June2l 36% Feb. 11
33
88%
9% June 27 23% Jan. 6 19% 34%
86 106%
63 % May 20 100 June21
19%
6%June'20 13=4 Mar. 24 10
116 June '27 127 Jau. 29 120 129%
30 June2B 08 Mar. 14
50% 84%
94%Juue27 122 Mar. 13 111% 1'29%
6
7
15%
uly 1 10% Feb. 16
9
May 14 •20=4 Feb. 14 13=4 36
105
115 Jnne24 l:iO J-unel3
90
83 June 26 94% Apr. 12 83 =< 89%
ll%June27 '28% Jan. 5 2B'( 40%
83
20 June 27 71 Mar. 3 72
8 June 24 17% Apr. 4
17% 62%
76 July 7 184 May 1 169 183
7
June '27 16%Jan. 7 15% '29%
4',
3 July 12
8%
6 Feb. 28
21=4
9% Aug. 20 18% Feb. 16 14
18
10
10 Jau. 29 11 Feb. 26
49=4
22% July 9 42 Feb. 16 32
23% 63%
14 June 27 27 Jan. 7
37% June 27 67% Jan. 7 49% 90%
14%
2
l%JunBl8 3% Aug. 20
36%
14% May 14 26% Mar. 17 21
14%
7
6
June 12
9 Mar. 19
32
8=4 Aug. 8 24
Mar. 22 19
29% 89
6% June '28 34% Jan
28
12
7 Juno'20 17=1 Aug. 20
22 June 2 60% Feb. 23 46% 81%
120 Juno 30 136 Apr. 14 129% 138
16%
4
2%.May 24 5 Jan. 11
72
32 July 3 61 Feb. 14: 47
39
12 June '26 32 Feb. 161 21
23
1% J uly '24 16% Feb. 4 14
34
15
19 Aug. B 24 Mar. 21
86
36
18 Juuo27 60 Mar. 17
103
70 July 3 96 Feb. 6 80
10

.1

ll%Juiio38

•29% Aug.

'22

24% Juno 30 50 Mar.
70 May 13 96% Apr.

18
10

15
65

June 30 32=4 Jau
July

90

11

16;

l»=4Jan.
32 Jan.

7
6

May

61% Jan.

8

1

Aug. 15 127=4 Apr. IB
June 27 17% Mar. 17

57
1181,

14

Feb. 11 102%
15
170 Feb. 9 65
65% Jan. 7, 56
112 Jan. 28] 90
28
68=4 Mar. 17
117 Jan. 7 112%
5
6% Feb. II
82% Feb. 6 30
78% Feb. 16| 71=4

17% Jan. 10

16

60=4 J uiiu 26
31 May 16

May 24

3a4Juue30

Juue20

May

20% 36%
59%
100%
87
40%
33
97%
90
169%
94
17% 43
70% 104=4
36%
16
29% 57%
40

114

'23

122%Jan. 7
8=4 June 28

20
49

7
11

Juiie27
May 20

88% May
10 May

90

i)

Jan. 26

78% J line '27 99 Jan.
5% J uno27 22% Feb.
'28
June 30 84% Feb.

14

69%

140%

39%
112%
25
125

91%
150

44%
134

9%

46%
88%

June 23 80=4 Jan. 7 78% 84%
Juno 13 152 Feb. 16 140 150

I

5

38
45
138

These are the prices bid and asked -.jxo sale was made
at the Board.

10

62
142
33

A

•2'2S

11

40
82
42
70

60
66
137

IS

18

July 15 137 Apr. '24 126% 135
94%
Julio 21 102
Mar. 26 88
May 17 61% Feb. 7 55% 65%
May 26 116 Feb. 13 113 12a

100

'..'.

36

65%
47% 71%
10
17%
68% 90

11

15 126
183 87
82 45
98

76% 76%

li«

84=4

48'!

May 24 78 % Mar. 16
22%juue24 51% Mar. 4

7

28

136

78
75

10
18

62

49
15

3,153

nue 23 140

July

670
700

7

SO 127

June21 20% Jan. 5
6%Juiie27 19=4 Jan. 7
67% June 27 104=4 Mar. 4

2,400
2,897

58

1214

J

58
57% 67%
19% 19% iO
17
-16% 18%
11=4 12%
11% 11%
100 100
»y% 101
i'0'6" ioi

56%

•6%

.Tan.

Aug.

90% May 26 133% Mar. 1 111% 131%
6%Juue23 25% J.in. 3 21% 51%
4% 11%
3% May 14 8% Feb. 15
11% 23
6 June 12 14% Feb. 15
75
Aug. 1 61 Jan. 7 45
5
10%
May 8 8% Feb. 8
July 11 200 Mar. 18 190 200
82%
Juue26 51 Jan. 4 50

4
9

72% 72%

•22s

une2'l

J

22
21% Julie 26
18

665

6%

17

339,0'29

Low High

6 128
16 115=4
94% Ian. 3 91=1
119 Feb. 16 115
124 Feb. 12 115%
M9%F8b. 12 134
126=4 Job. 11 118%
lOk13%J;in. 5
33
35 Jan. 11
3S%Aug.'20 30
100 Aug. 20 91
69% Mar. 14 54
141
Apr. 1 124%

June'23

16% 16%

7

1,330
49,320

For FxUl
Year 1883

1884.

Jan.
Jan.
67% Feb.
12 Jan.
90 Jan.
67=4 Jan.
15 Jan.
28 Feb.
17
Jan.
140% Feb.
127=4 Feb.

68% June 27
95% June 27
81% June 23

6
17

B=4

15%

Feb. 1
33
Feb. 14
2
Jau. 21 50
July 17 82
Apr. 12 145
July 7
5
July 2B 40

Feb. 11
Jan. 17
Jan. 21
Mar. 10

31

1%

50
77
Mar. 4 138
July 7
July 2B
J.an.
9
.
96

68%
7%
70%

92
138

112%
May 15 90
June 18 146% Apr. 18 139% 145%
192% Jan. 8 193% Mar. 21 187% 197

Rciisselatu- .t Saratiiga
Uniteii Coiniianiesof N. j

*

24=4Jnne27

52% 53

16% 17

18

64
•97
14=4

Keokuk

Virginia Midland
Nary land Coal
Now Central Coal
Penusylvauia Coal

Juno2S 80
J line 27
58%

50
39

98% 9814
15% 13=4
64% 67%

16%

'22%

6%

70
99

14% 15%
51% 54%

!..'.'"
Chicago
A De* Moines
LonislanaA Mo. Biver, pref."
Ohio A Mississippi, prer

Jollet

July 3 135
85

80% Mar. 27

1,242 117
4,4'20

1,

1884.

1,

Highest

BOO
5 June '27
900
9% June '20
100
7
Way 26
335 118 June 23
7,196 107 Jnne27

•98 "a 99

43

18

17 14

35

92^

Rochester

Do
Do

'63=8
44 14

8714 881a
871a S'J's
1121a 112=4 II314 113=4
103
lOoijilOU's 1041a 106
130 1371a 137
137 138
1171a 117
1171a 117ifl 117

17=4

161a
151a
85=4

701a

21

.

pref

42=4
•8

39=6

12514
87-^
88»j

•32
128

129
84

129
83

70

941,

»15Hi
•311a

Range Since Jan.

125%Juiie24

90%

211.1

New York Susq. & Western.
pref.
Do
Norfolk & Western
Do

62"

38I4

16
10
•91a 10
1331J 1331a 1341a 1341a
125
1-^4=4 1251a 124=4 125

•22
24
36=8 3818
37 le
gsia 100
9S
41=4 43-..
4lia

36 14
97 '-a
41

90

1934
921,

.

Do

12
'291a

16
33
22 >8

123
Nashv.ChattanoogaA 8t.Louls 41

Northern Pacific

*8

29
HU
70

3IH1

E.ssex

.

70

31'a

Oliio

New York Central & Hudson.
New York chic. & St. Louis.
pref.
Do
New York Elevated
New York Lack. & Western.
New York Lake Erie & West.
pref.
Do
New York & New England
New York New Haven * Hart.
New York Ontario & Western.

70

35

pref,

& St Louis
pref
Kansas A Texas

Minneapolis

,

381s

1,860
1,255

A Charleston

Memphis

Adams

39

46 14

46

i',606

Manhattan Beach Co

Union

381a

IstpreJ..

Do
Do

St Paul

46

91a

Manhattan Elevated

Mobile*
Morris*

46

«ia

•

leased lino 4 p.c

*9

46I4

15
8
2,775
4,075

371a
127'9l'27'e

6I4

'30
35
126=4 128

.

Indiana Wooniinirfn & Wesl'n
Lake Erie & Western
Lake Shore

112 112
104 14 lOB
135
135
1161a 117

63

49,690
7,930
26,033
16,375

•-

Central.

39

381a

63
46

J.\N.

22.

il3=8 il4=8 iVs'siVi's
il2»i ir3'4 il3' "il'li'i ilijii i'l4»< u'Shi iV5=8
13% 131a 131a 13=4
I314 14
12 'b 13'e
12^8 13ie
Vi'i 1314
6I4
6I4
6i6
6=8
6=8
B»8
6 Is
514
514
6=i
5
6H
9i«
IOI2
10
lOis 10i«
10 ig
9=4
914
1014
9
8
9<<i

EransvilleiS Terre Haute
Green Bay Winona <ft St. Paul

Harlem
Houston & Texas

'i'S'ii'i'e'

tii

112
104=4

AND SINCE

150 126

43^

42>a

Do

pre'
Do
Chicago St. Paul Minn. & Om..

Friday,

Aug.

90

"eo'iibi'i*
43
431a
8f4
'7
8
•71a
lOia'
13=8 13=8
*15
10
•814 10
13'2
132
1331a 1331a
12318 125% I'24i8l23l4
86 '4 87
86=8 88%
*"6U"

Quincy; 121»4
85 'a 86%
St. raul
II2I4 nils
prei. 112
1031% 104-i» 104
Chicago & Northwestern ...... 135 136
•
prof.
Do
114 115
liiK
Chicago llock Island A racilic
«9
Chicago St. Louis & Pittsburg.
2Sia

i

19.

90

•1434..-9I4 II

Istpref
2d pret

Do
Do

Aug.

22,

Sales tft
the Week
(Shares).

ISl'slSl's

-

Central Pacilic

Wednesday, Thursday,
Aug. 21.
Aug. 20.

Tuesilay,

XXXIX.

[Vol.

16

100
200

15

July

9

June

21 Jan. 24 20
10
9: 15
Feb. 21
14 10% Jan. 31
9
Feb. 19 264 Feb. 19 260

7% Apr.
264

291

I

\

31%
17
14

280%

August

THE (HRONICLE.

23, 1S81

AUGUST

qCOTATIONS OF STATE AND RAILROAD BONDS.
STATE BONOS.
8KCl'RITIB8.
Al»(wma-Cl»8!t A,
C'lMs

Ii..'>».

*».
6»,ll>'iO:<. IIIIIO

Art

•

II'

\

H

...

20
.

7,
7-

,.

7». l.s*J
7», gold,

.

A«k.

N.

.17

*102>9

*U)8
*108
'116
'lOS
;^, reg.,1887 *108
N.
'112
6i!. lo.iii. ISJl
«U6
6^ loan. 1S92
"117
8». loiiM, 11*93

20
20

nil.

•6
'100
'102
'100

..

1890

Fnndlnit act,

15
"3

Con«ol.

all cloues.

1910

MW

68, coDsol. bonds
6s, ex-matured oonpou.
6s, conaol., 2d series
68. deferral

100

6s, Act Mar. 2.1, 1889)
nou-funilnblit, 1888. {
Brown couHol'ii Uh, 1893
T«iuiMAe»-6a. old, 1 892-8
a«, neif.l«»2.8.1»00...l

18«6-188810

»e u ....-

44
•37
•37
•50
•35
'40

Virglnla-6«. old
6s, DOW, 1806

83
110

"io'
'107

1888

Bid.

(rinp'ml8e,8't -5-fl«, 1012

WU.O.ARn.R.
4(1,

8B0URITIBH.
Tenoessee-Contlnned—
6s,
series, 19U....

Soutli C'ai-ollna—

20

N.OaroIiiiii-Ua.olil.J.AJ.

Raw bonds, J.<ftJ., '03-8

99, 1884.

Aak.

Bid.

SMOIsl tax.
0«, 1919
()lll(>-69,

I

r.H

8RCURITIE8.
OuoUd»—OontlnacMl—

l>o

I

:H

7<,

67

Sfliuiouri-6s, 1886
6a.i1n«1R'<0nr 1800....
A--r-: ...• "nlv.. ilue'92
11-95
^t. Jo. '86.

'100

7h

BIO.

Ex-matured ooapon

100
DO

liioe

miw

ciMsc.

BBOURITIBB.
LmUlitna— 7r>. ooiu.,1011

Ask.

Bid.

1004).

205

J

Dlstrlut of Columbia—
8-65», 1924

103

39^

•109
•109
•109

Registered

PnndlngSs, 1899

B0<4

RAII.HOAD BONDS.
BKCURITlBa.

BEC0IUTIE8.

Bhl.

Railro.i(l Itoutla.

;

Fik.Br.
..— lat, 7a
..

—

83

82
113
•

All

•14
•14
100-\ 101 »

'

Bar. c.

iiiip.,i..No.— I«t,.l8
Minn. St. L.- 1 9t,7»,gn.

A

1

A

Penn.

I

Motroiiolifn EL— lat,190S; 10434
-Jd, (la, 1«99..
921.J

Mcx.Cent.-l8t,

7a,

CiMlsid,
(is,

.Ob,

Pitta.

1902

1902

120

103

104

2d, 7a, 1898
2d, guar., 7a, 1898
Pltta.B.AB.-l8t,68,191l' •-Rom6W.*Og.-l8t,78,'91 •107
70
Con., lat, ext., 5a, 19-22.
Roch.APitt.-l8t,«a,1921 106
1

St, Bs 1884.1913
^UI.L.S.AW.-la^«a,1921
99 101
.Mlmi.A St.L.-lat.78,1927i llHlJ

V

78, 19091

108

ISO

8t.L.V.AT.lI.-l8t,g.,7s.*116

100

1931

Iowa Ext..-l8t,

...
Ft.W.A Chic -1st "136

1

llPCl.itorod, 59, 1931....
.T.ack.L.in.&Sag.— 68,'91.|
Milw. .(i No.— l8t, Ba, 19101

lat.cons., gaar.7a,1906,*124

,

1

1'25

1909

(-'oiipon, 58,

Bid.
t

'134
2d, 79, 1912
3d, 7s, 1912
Clev.A Pltt«.-Cons.B.fd. J22S
108
4th,s.fd.,08,1892

03

45

1911.

M idi.Cent.- Con8.7a,

110
116
106

Ist, Pa. Div., reg., 1917.1 ••-Suan.— lat, 78 ...I*
2d, 7s. 18.45
i';---

Alb.

.

SECURITIES.
RH.—Continued—

Ask.

Bid.

.Marietta.!: Cln.-lat, 7a

1

.

hi..

Hu

I

N.Y.Lack.AW.— l8t.«8 118

Ala. Central -lat.fla. 1918
"V32,
All..
Atv!
Ball

I..

122
121
lat, cousol., guar., 7a.
120
94'9l 90
Construction, 8b, 1923
1 16
Del.,t Hud. Oaual— lat, 78 *
i»......!116
lat. ext., 7a. 1891
117
Coupon, "a, 1894
130
Regist«rwl, 7s, 1804....I
139
lat, Pa.Dlv.,op., 78,1917;

Bx<hant/t Price$.l

{Stock

SECURITIES.

Ask.

Bid.

*

\V.— ConUu'd—
Bonds, 78, 1900
78of 1871, 1901

Del.

107

'

Conaol., 1st, Ba, 1922....Rlch.AAlleg.— l8t,7a,1920, '51
Rich.
Dauv.— Con8.,g.,68 93 »

I

90

94"
1891
A
o*.
8'thw.Kxt,-l9t. "9,1910 104
lat, cona., gu.. Cs, 1906{
Debenture Ba, 1927
C'.Raii. 1. F.* N.— I8t,(i8
00
Pac. Kxt.-lst, (is. 1921.; IO214 1021a
Ul, ."><. 19-21
Rogistarou
tsd
Atl.ACh.-lBt,pf.,78,'97 108 «]
65
.Mo.K.A T.-(lenl.03,1920
751s 751a
Incomea, 190()
Buff. N. V. A I'hil.— l»t. 68, •50
Rons. A sar —lat, op.,78, iSl
---B2114 63 >a Scioto Val.— lat, cons., 7s.
General, 59, 19'20
t^i'n.-rul, ;!». 1I''J4
1st, res.. 7s, 1921
104
98
99
92
96
Cona. 79, 19111-5.6
113
iI>env.AKloClr.-l9t,l900
St L. A Iron Mt— lat, 78
Can. 8o.— 1 st, lut. guar. Sa
62
83
87
60
62
Cona. 2d, iucome, 1911.
104 >a
l8t, consnl., 78, 1910
2(1.79,1897
2d, 58, 1U13
;
H.ACout. .Mo.— lat, '90 101
nen.So.Pk.A Pac— lat, 781 70 ....
Kc(f..^ja. I!ll:i
Arkansas Br'ch— lat, 78' 104 is 106
S6'8 36
1051s
.Mobile A Ohio— New Ba.
lOB
Central Iowa— l8t,7», '99
l>ou..t Rioa.We8t.-l8t,B8;
Cairo A Fulton- iBt, 7a ,
60 >9 Det.Mnck.AMarq.— lat,B8
CoUater'l trnst, (is, 1892
East. DiT.-lati «s, 1912
Cairo Ark. A T.-lat,78i lOS^ 103'4
1st, Kxten.si.'n. Os, 1927
111. l)lv.-l»H.t>.4, liU2..l
Land grant, 3"^, S.A...1 --,-;-Geu'lr'yAl.gr.,58,193l' ,66
68
i03"| E.T.Va.Atia.— lst,7a,190O U*'^'
Morgan'9 La.A T.— lat, Bs
stL.AitonAT.H.-i8t78 ii;;
Char. Col. A Auk.— Ist, 78 100
..;116ia
112
107 i'la"
bo's 60% -Naah.Chat.A StL.— l8t,78
2d, pref., 7a. 1894
Clies.tt O.— Pur.montivM.
lat, cons., 58, 1930
111
* J2
99 101
•2d.68, 1901
2d. income, 7a, 1 894 . .
Dlviaional 5a, 1930
68, gold, series A. H)()8 .
193
89 "a EUz.C.AN.- S.f.,deU.,c.,ti8
88
N. Y. Central— 6b, 1887.
6s, goUt. nerles B. 11)08 .
BeUev.A So. lU.-lst, 8s
104
34
3444
105
-•-•
Deb. certa.. ext'd aa
68, currency. 1918
lat, 69, 1920
St.P.Minn.A Man.-lat,78 110
100 111
95
Mortgage t>8, 1911
N.Y.C.& H.— lat,op.,7a 130 ilSlia
Klis.Lex.A Big Sandy—Ba;
2(1,68, 1909
J,J
130
77\ Erie— lat. extonde<l, 78
110
Che8.0.*S.W.— M. 5.1>8.
lat, reg., 1903
Dakota Ext.-^ 1910..
ioi'i-j 101^
11« I.
Hud.mv.— 7a.2d, a.f., '85 102 I103"'! 1st conaol., 68, 1933
DbloagoA Alton— lat. 7a. 116
2d, extended, 58, 1919
129»4 130
Harlein— 1 at, 7s, coup.
1st. C(m9., 63, reg., 1933.
SlnUngtand. 68, 1903.. 117H,
3d. extended, 4 las, 1923 103 jlOS"*
llS^i'
l8t, 7s, reg., 1900
4th, oxt«nde<l, 5a, 1920. *107
Min'a Un.— lat, 68, 1922 'id.i'"
La. A Mo. Rlv.-lst, 7a. 114
114
-V.Y. EleVd— Ist. 7a, 1906 iifiai !!;;;! St P. A DuL— lat,5a, 1931 'KlO
2d, 7a. 1900
5th, 78, 1888
,.„
i'22>i N'.Y.P.A O.— Pr.l'n, Ba, '95<
lOSia
St. L. Jack. * Chic— 1st, 117
80. Car. R'y- lat, 68, 1920 103
lat, oona., gold, 7b, 1920 »}22
l8t. guar. (.584), 7a, '94
N.Y.C.A N.— Oen.,0a,1910'
80 >a
lst,oon8.,ia coup., 78.1*118
2d, Bs, 1931
25
117
2d, (360), 78, 1898
Truat Co. rocelpta
Reorg. 1st lieu, tfe, 19t)M| --Shenand'hV.— Iat7a,1909
107
Lx.y. 4. N. Engl'd- lat, 7a 105
2d,guar. (188). 78, '98 117
Lone Dock b'ucla, 78, '93 114
General, 6e, 1921
80
93
1USS.R. Br-ge-l at. s.f .68
BnllVN.V.AE.— I8t.l91() •130 ,135
l8t,08,1903
Tex.Cen.— lat, 8.f.. 7a,1909 97
97
N.Y.C.&8t.L..-lat,6a,1921i 971a' 98 V
N.Y.L.K.AW.-.New'2dO| Ui^4
03. A Q Con8ol.79, 1903 136
Istmort, 7s, 1911
'65
16
Cidlat'L trust,03,192'2.
'2d,08,1923
6a. ainklng fuuil, 1901 ..
Tol. Oel. A Burl.— Matn.6s
9li=4
N.Y.W.Sh.A Buff.—Cp.,68'
6a, debenture.9. 1913
Buff.A S. W.— M.,6a,1908;
Ist Davt. Dlv., 63, 1910 •10
Br. A T. H.— lat, cona., (is; 96
Itegistercd. 6s, 193r....|
la. Div.-.s. f.l., 58. 1919 lOj
lat Ter'l trust Bs, 1910
N.Y.Susq.&West.- lat, Ba 761a 771a Tex.A N. O.-lat 78, 1905
Sinking fund, 48, 1919 •89
Mt.Vern'n— l9t.Ba, 1923,
87
Denver i'iv.—48. 1922..
Debenture. Ba. 1897
80
Fl'tA P.Marq.— M.B8,1920 114=4
Sabine Div.-latB8,1912
82
84
100
M Idland ofN.J.— lat, 69 87 la, 88 Va. Mid.-M. inc., Bs. 19'27 58 60
Plain 4a, 1921
Oal. Har.A8.Ant.— l8t,08 ;
lOo 10914 N.Y.N.H.AU.— lBt,rg..4a: lOB
126
O.R.I.& I'.-Oa, cp., 1917.
2d, 78, 1905
Wab.St.L.APac— Oen'I6a 461a' 60
126 <
Nevada Central— lat. Be..
6s,reg., 1917
Mex. A Pac.— let, OS.... "l"*
Chic Dlv.— 58, 1910
----;
N. Pac— G. l.gr., lat, cp.,B8 1031a 103 '(
Keok. & Des M.— Ist. S» ICO
2d,B8. 1931
Hav. Dlv.— Ba, 1910
.-"..I,
Central of N. J.-lat^ 1890 111
Or'nBayW.AStP.- lat.Bal *79
Begistered. Bs, 1921....I •56
Tol.P.AW.— lat, 78,1917 801a 8S
latcon8ol.a8.sented.lH99 107
1081a Qulf Col.A8.Fe-7e. 19091 110 :1I1
X.O. Pac.-lst, Bs, g.. 1920: 65
6S
Iowa Dlv.-Ua, 1921
108
..
99
Conv.. assented, Ts. 1902 107
2d, Ba. 1923
Niirf.AW.- Oen'l,(j9, 1931 100 101
Ind'poUs Div.—68, 1921
1071a Hann. A 8t. J09.— 88,conv. 1041a 105
New River— 1 8t. B9, 1 932 95
AllJuatment, 78. 1003... 107
Detroit Div.— 69, 1921 ..
113
75
60
Conv. (lebent. (Is, 1908.
Consol. Bs, 1911
Xo. Railway (Cal.)— lat, Ba 106
7S
Cairo Dly.—58, 1931 ....
'e8>«' Houston A Texas Cent—
l.eh..t\V.B.-lou.g(!,a8. •96
(JliioA Miss.— Consol. s.f(L
1171a'
Wabaah— Mort 78, 1909 65
106
88
Consolidated 7s, 1898...
Am.D'k A Imp.-59. 1921 83
1171a
104 Hi
lat, M. L., 78
Tol. A W.— Isl, ext, 78 104
99i»
CWc. Mil. A St. Paul1st, West^irn Dlv.. 78... 1031a
2d cou8oU(Uited 7a, 191l! H2ia
iBtStL. Dlv.. 78, '89: 94
106 110
130
90
lat, Waco A No.. 79
lat, Springtleld Div., 78, 109
1st, 86, P. 1>
2d. ext. 7a, 1893
121
123
OhioCentral- lat, 6a,1920i 671a' 60
25,7 3.10, P.D., 1898...
2d, consol., malne llne,8al
Equipm't
bda, 78, '83.
122" 124
122
lat, Term'l Tr., Ba, 19201 •51
lit. 78, $ g.. R.D.. 1902.
2d, Waco A. No., 88,1916 120
Conaol. conv., 78, 19071 74 1.
117
Ist, LaC.Dlv., 78,1893. 116
lat, Mln'l Dlv., Ba, 1921!
General, Bs, 1921
GtWeafn— lat 7s, '88 104 >4'.
90 .
lst,I.£ M., 78, 1897... 117 118
Hou9t.E.AW.Tex.-lst,78 ".'.'.'.'.\'W Ohio.So.— 1st. B8,1921 ....
2d, 78, 1893
Oieg'nA Cal.— l8t,(is,1921
lat,I.ft D.. 79, 1899.... IIB
'2d, Ba, 1913
a.4 Tol.-lat 78, 1890
130
lst,C. * M., 78. 1903... 124
Or.,STran8C'l-Bs.'82-1922l 73^4 75
Han.A Na|ile»— ist, 78
Illinois Central—
Conaol. 79, 190j
firegon Imp. (*o.— 1st, Ba.} B9ia 70
119'a
Springtleld Div.—Cp. 68.
Ill.A So.Ia.— l8tex.,69 !."..t'
102
(Ireg'n IIK.A ,Vav.— l8t.()8 10B%107
2d. 78, 1884
MidlUe Div.— Reg., 68.
StL.K.C.AN.- R.e.,78 90 1«.
lat,78, I.AD.Ext..l908, '118
|l'anama-S.f., sub.«s,1910
Oinalia Div.— Ist- 78) 96 1.
C.St.L.A N.O.— 'reu.U7a '119
'119
96
lst,8.W. DlT.. (!8, 1909. 109 Si
Peoria Dec. A Ev.— Ist, Ba
Clar'da Br.—68, 1919|
lat, consol., 7a, 1897
97
94
Evans.Div.-l8t,6a,1920
981a'
75
1st, 5a, LaC.A I)aT.,1919|
6t.Chas.Bge.— lat. 6a •73
2d, 6a, 1907
106
104
110
lst,S.Minn.I)iv.,ea.l910 109
Peoria A Pek.U'n— lat, Ba
No. Missouri— lat 78. 1131s 114
Gold, 5a, 1951
1'22
1st, H. A D., 78, 1910... lie
Pacltic RailroadaWest U n.Tel.— 1 900,coup.
Dub. A 8.
2d niv., 78 114
109
llia4
CUc.A Pac.IllT.,B8,1910
1116
111>»
'ij
Central Pac— G., 6a
1900, reg
Ced. F. A Minn.- Ist, 78
lst,Chlc.A P.W.,5s,1921
San Joa(]uin Br.— Bs.. 103 !«
951a Ind. Bl.AW.— l8tpref.,78
N.W. Telegraph— 7a, 1904
95
Mln'l Pt. DlT.. 5a, 1910.
93
95
761a 80
72 "is"
Cal. A Oregon— lat, Ba
lat, 4-5-(i8, 1909
MntUn.Tel.-S.fd,6s,1911
99
C.A L.8np.DiT.,5s, 1921 93
561a'
Cal. A Dr.— 81T. I!, Bs
Spring Val. W.W.— l8t,6a
2d, 4.6-B9. 1909
WU.& Mm.I)lv..58,1921 93 "95"j Kagtern Div., Ba, 1921.. •79 83
Land grant bonds, Ba 101 102
lOB
Chic. & Kortliweat.—
West. Pac— Bonds, Ba 105 108
INCOME
I ndianap. D. A Spr.— l8t,7a 104
103
Sink, fnml, 79. 188.1
1013^
l9t,t>a
80. Pac of Cal.
2d, r..s, 1911
133" InLAOuNo.- iBt, 6a, gold 106
Conaol. bonds, 78, 1915.
961a.
8o.Pac.of Ariz'a— Ist, Ba
(InUrttt payabU (/ eamtd.)
Extenslnii bmuU, 78, '85 idiV 1021a
80 le
So.PacofN.Mex...lst,f
951a.
Coupon, Ba, 190'9
llOialll
'10112
1st. 78. IHH.->
AUeg'ny Cent— Inc., 1912
Union Pacltic— lat, Ba
KenfkyCent.— M.B8,1911
Coupon, gold. 78, 1902.. 125 i25"i Lake Snore
Land gr,int8, 78, '87-89 107'^
Atl. A Pac— Inc., 1910...
21V iilH
Beglat'd, gold, 78. 11)02. 125
75
Slnklngfnuds, 8a. '93 110
Central of N. J.— 1908 ....
M.S. A N. I.,8.f.,78... 103 1031a
'IO2I4
105
Sinking fund, (ia, 1929.. 11219 lis"!
Cent.Ia.— Coup, deb.certs.
Reg., (59, l.-<i';i
Cleve. A Tol.— Slnk'g fd.
Sink, fnnd, t>9. l'J-29, reg
Ch.8tP.AM.— L.gr.mc.Ba
Collateral Truat, Ba.
Newbonda. 78, 188B.. 10214
einkuig fund, .'is. 1929.. 102 102 la'
Chic A E. 111.— Inc, 1907
do
58, 1907
Cleve. P. A A8h.-7a. ... 112
Sink. tmid. ."is. lil'29. reg
117
103
DeaM.A Ftl).— lBt,lnc.,6a
KanB.Pac.— Ist, Ba, '96 1061s
Buff. A Erie— New bda
Blnk'g fd. deb., 58, 1933
95 -J
108
lat, 6a, 1890
Del. Mack. A ftlarq.— Inc.
Kal.A W. Pigeon— l8t.. 101
Escansba A I..S.— l8t,6s
105
IHU IB
lienv.Dlv.Os.as'd, '99 104
E.T.V.&Oa.-Ino.,68,1931
Det.M.A T.—l8t,78,1906 '118
DesM.A Mln'ap.— l9t,7a
82
82^ EUzab.C. A Nor.—'2(1, inc
l8t, consol., Ba. 19191
Lake Shore— Ulv. bonda 118
Iowa Midland— lat, 8a.. 124
126
C.Br.U.P.— F.c,7a, '95! 100
Or.BayW.A St.P.—2d,lnc. •15
Consol., coup., lat, 7b.
1'25
Peninsula— Ist, conv. -78 116
80
At.C.A P.— l8t,(i8,19()5
Imt Bl. A W.-Inc, 1919
Conaol., reg., let, 78...
Cblc.t .11 ilw'keo— l8t,78
1'24'(
118
80
At.J.Co.& W.— l8t,iia
(Consol., inc., Bs, 1921...
Consol., coup., '2d, 78..
Win.A>ft.l>.-l8t.78,'87 106
117'(
Oreg. Short L.— 1st, Bs
Ind'sDocA Spr'd- 2d,lno. le'ii So"
781a 79
Consol.. reg.. 2d, 7a .
126" Long I si. UK.— lat, 78, '98 119
2d, 7a. 1907
Ut.So.-Geu..7s, 19091 95 100
Trust Co. certlUcatee ..
M11.& Mad.-l9t,6a,1905
100
isd" ito"
100
Exten., 1st, 7a, 19t)9|
Leh. A Wilkesb.Coal— '88
lat, consol., 5s, 1931 ...
21
C.C.C.4 Ind'a-lat,78,8.fd. II8I4
95!^ 9B'4 Lake E.A W.— Inc,78,'09
23
Mo. Pac— 1st, cons., Bs.
Louis. We.st.— 1st, Ba
21
Cousol. 79, 1914
103
118 lie
8d, 78,1906
Sand'ky Dlv.— Inc.,1020
LonlsTille A Nashville—
Conaol. sink, fd., 7s,1914
Laf.BI.AMun.-Incts.'OO •26
Pac of Mo.— lat, 68... 102 <a
1131a 110
Consol., 7a, 1898
104
General eon.-^ol.,(>8. 1934
Mil. L. Sh.A W.— Incomes
2(1,78, 1891
Ceclllan Br'ch-78, 1907 •90
CSt.P.M.* O.-Consol. (ia 112 1121a
97 100
Mob.A O.— Istprf., deben. •66"'
8t.L.A B.F.-2d, 6s, CI A
N.O.AMob.-l8t,68,1930 79
•38
C.8t.F.t:.f.-l9t.(i9. 191« 116
118
98 100
2d, pre!., debentures
8.6s, Class C. 1906
2d, 69, 1930
No. VVl».-l8t. (ia. 1930.
3.68, Class B, 1006
3d, pnt., debentures...
E. H.A N.-lst, 68, 1919 •100
881a 100
St.P.4 S.i;.-l9t.(i8,IHUI
90
4th, pref.. debentures
88
1st, 6s, Pierce C. A O.
117=a
General, Ba, 1930
Chlct K.lll.-l8t.9.f..cur. 103 105
i'o'i'
87
N.Y.Ijiko E.AW.— Ino.6s •3d' ......
Equipment, 78, 1895..
Penaacola Div.—6a,1920
Chtc.8t.L..t P.-l8t,con.!)8
93
Gen'fmort., Bs. 1931..
N.Y.P.A 0.— latlnc4U!.,7a
95
St. L. Div.-l9t, Ba, 1921
Chlo. & .Vtl.-lst. B8, 1920
104
10
40
So. Pac. of Mo.— Ist.Bs 10:1
Ohio Cent— Income, 1020
•2d. 38, 1980
2d, 6.'!, HIJ3
Mln'l DlT.-Inc.,7s,1921
Tex.A Pac.-lst, B8,1905 03
Naahv. A Dec— lat. 7s. •111
Chlo.A W.l nd.-lat, a.f., 6a
60
78
26
Con.sol., Bs. 1905
Ohio so.—2d inc., Bs, 1921
B.A N.Ala. -S.f.,B8,1910
Gen'lniort, Ba, 1932...
41
42
Ogdens.A L.C.-Inc. 1920
Incouie A Id. gr., reg.
Leban'n-Knox— Bs, 1931
CoL* (iri-en.— l8t,6s,1916
laMlio O.Div.,ii8,HM0 64 14 64''s PeoriaD.AEv.— Inc, 1920 •si' '.'.'."'.
Loulsv. C.A L.— B8. 1931 •"77"
"797;
2d. 89, I'.iJB
iissculcd •50
Evausv.Dlv.-Inc, 1920 •83
do
Trust bond.s, (is, 19'2'2...
Col. H. Val. ,t Tol.-lst, 5a •05
PeoriaA Pok.Un.— IncBa
07
Pennaylvania RR.—
L.ErleA W.— lat.Bs, 1919 80
Del. I,..t \v.-78,conv.,'92
66
Pa.(i».'s gnar.4iaa,l8t,cp
Roch.A Pltt8b.-Iuc.,ie21 50
Sandusky Dlv.— Bs, 1919 80
Mortcam7s, 1907
•94114.
i'is'
Rome W. A Og.— Inc., 7s. 23
82
Laf.Bl.A M.-lst, (Js.lDlH
Reglatered, 1921
8rr.lllm;.,t N.Y.-l8t,78 122
42
8a.Car.Rr.— Inc., 68, 1031
Louisv.N.Alb.AC— lst,()S 80
Pltt.ii.A st.L.— l8t,o.,7a
MorrlH.t Kasex- lat,78 :331a 13'Jia Manliat. B'cli Co.— 78,1 9(HI '77
8tL.&I.Mt-lat78,pr.l.a. •42"
lat, reg., 78, 1900
2d, 7a, 1891
"ii"
110
St L.A.4 T. H.— Dlv. bds.
N.Y.AM.B'h-l8t,78,'97
2d, 7b, 1913
la.Olty.A Wcat,— l8i.7a|

Heglstereu

'2d,

7a,

1

.116

,

1

^

1

-

1

I

•

!

1

.

V

.

.

!

.

'

!

;

I

'

.

1

.

!

i

.

1

I

!

|

'

,

j

1

w

I

i

I

i

!

-

:

!

1

|

I

,

(

I

I

j

'

I

I

'

,

I

.

I

I

I

I

I

C—

I

BONDa

!

t

.

I

.

1

if

.

1

1^

.

,

I

*

No

iirices

Friday; these are latest anotatlons

made

this week.

THE CHRONICLE.

20
New York Local

({iintiitioii8

Securities.

lusarance Stock

Baak Stock

PUICE.

COM PASTIES,

COMPANIES.

Ask.

Bid.

American
Amer. Exchange

100 160
124
100
25 235"

AmertcA*
Amsr. Kxcbanse...
Bftmrtway

A Drov's'

2S
100
100
25
Chatham
100
Cheinlcal
25
Cltlzetis*
100
City
100
Commerco
100
Continental
100
Com Exchange*
23
East River..
25
Eleventh Ward*
100
nfth
100
Vlfth Avenae'
100
Wr»t
100
Fonrtli
30
Tulton
50
Oallattn
100
aarfielil
75
(German American*.
Oemian Exchange* 100
100
Germaula*
25
Greenwich*
100
Qanover
100
Imp. & Traders'
50
Irving
100
X.eather Manurrs'
60
Stanhattau*
100
Varlnc
100
Varket
23
SCechanics'
25
Hechanics'(& Trads'
mu
Wercantile
50
JMercnanrs'
50
3ferc]iautB' Excb...
100
jMetropolis*
100
^Sfetropohtau
100
SMttrray Hill'
60
:Uas88u*
100
afew York
JUvw York County 100
«I. Y.Nat. Exch.... 100
100
3llnth
70
3forth America*
30
riNorth River*
25
Oriental*
50
Paoltic*
100
:»ark
25
^People's*
20
Fhenix
50
.'aProduce*
100
Bennbllc
sSt.Nlcholns*
100
Seventh "Ward
100
Second
100
CBhoe & Leather
100
State ot New York* 100
-Third
100
"Tradesmen's
40
TTnlon
50
Ttiifed States
100
•'Wall Street
60
100
'"Weat Side*

Bid.

...

Bowery
Broadway
Brooklyn

ii2'

Citizens'

City
Clinton

i's'd"

2000

Commercial

126

270

Continental

Farragut
Firemen's
Firemen's Trnst

Franklin* Emp..
German-American
Oermanla
115
170

.
.

Globe

Greenwich
Guardian
Hamilton

Hanover

Home

160

Howard
150

Irving
J eHeraon
Kings C'nty (Bkn.).
Knickerl)ocker

21^0

140
150

.

145

Long

Isl'd (B'klyn)

Lorillard
Mecli.

&

120

Mechanics' (Bklyn)
Mercantile

96"

Mercliants'
Montauk (Bklyn.)..

Nassau
62

'

"es'

vis
160
143
100

t

.

(Blilyn.) ...

National
N. Y. Equitable
N. Y. Fire

I

Pacific

Peter Cooper
People's

US

Phenix

160
162
!30
100

,

Rntger's

Standard

1

Star
Sterling
Stuyve.sant
United Sl&tes

110
125
05

120

137

143
115

110
120
60
2V0

70
90

,

80
240
250
80

105

230

2!)0

5

6.^

100
130
130
50
40
V20
200
S2
100
70
100
50

110
140
135
60
HO
126
210
90
110
73
110
70
112
CO
105
110
150
CO
160

40
lOJ
2m7
130

23

100
20
60
50
25
50
100
100
25
25

Westchester
Williamsburg City

loO
110
153
175
170
150
120
125

100
108
83
70
112
?25
140
115

103
73

33
100
50
23

•

Park

126'

UO

103

50
!I6

105
143

SO

3711
...

Niagara
North River

i'TO"

123
103

113

&

Build..
Traders' ..

Manufac.

127
133
100

'

40

2:'10

100
30
50
17
10
100
100
50
60
23
100
15
50
100
60
100
30
20
40
60
25
100
23
50
60
50
60
50

Empire City
Exchange

160

145'

140
102
140
165
160

Eagle

154
105

147

50
100
25
25
17
20
70
100
50
100

Ask.

10

SO

143
80
120
105
165
100
145
108
135
113
i>0

50
50
110
120
120
200

85
123
110
17.>

108
i.ns

115

140
120
100
60
60
120
126
125
225

a

!

Bid.

23 2,000, 000 Var's
May 1,'84 128
20 1,200,,000 Var's
Jnly),'81 90
25B.I,000 A. .ft O. SHjti'g F., '99'107
1,000
Harlem
50 2,000,1,000 F. & A 3 lAug. 7,'84|121
-Jersey City dt Hoboken..
20
756,1,000 J. & J.l 7Hl'Julyl, o. 145
Manhattan
60 ;4,000,,000' Var's 5 iJune 2,'84 300
Metropolitan
100 12,500,,000 P. <tA.l 5 Aug.la'84 232
Bonds
1,000
l90J
700,,000 F. & A. 3
107
Mutual (N. Y.)
100 l3,.-)no,,000 Quar. 212'July, 1884 123
Bonds
1,000 1,500, 000 M.,tN.; 3
1902
104
Nassau (Bklyn.)
25 11,000,,000 Var's 2 Jnne2,'84 103
Scrip
Var's
700,,000 M.AN. 2iaMavl,'84 89
Kew York
100 '4,000, 000 M.<tN. 5 iMay 1, '84162
People's (Bklyn.)
10 11,000,,000.1. <fe J. 3 ljune2,'841 75
Bonds
,... 1.000
400,,000 M.&N. 3>aMay 1,'84 105
Bonds
Var's
130,,()00;a.J!.o. 3 [Apr. 1, '84 97
Williamsburg
60 1,0(H),,0001 Quar. •.i>ll July21'84!!20
Bonds
1,000 1,000,,0001 A. AG.
1900
il06
-Metropolitan (Bklyn.)...
100 1,000,,0001
Jnlyl,'81i 90
ICunicipal
100 3,000 ,0001 Var's
J'nel0,'84 205
Bonds
1,00'J
750,,000iM.<&N.
1888
1106
Fulton Municipal
100 3,000 ,000
Aug. 5,"d4 145
Bonds
300,,000 J, A J.
ItfOU
107
Equitable
100 2,000,1,000
80
|

;

I

I

I

:

j

'

\

I

I

1

1

I

Ask,

UO
92
no
123
155

1

I

1

!

!

[Quotationa b j H. L.
BPckerSt.* Puit.F.—Stk( 100

I

1,000

1,.500,000.1.

1

&D.

i

!Juiie,l901 103

Brooklyn City—Stock ...
10 2,000,000 Q.— F. 3=11 \U!i., '81 210
Irtt mort
1,000
800,000 J. & I. 5 Jan., If 02 106
Bklyn. C'rosatowii— Stock
100
200,000 A. &0. 4
April, '84 155

400,000 J. & J. 7 Jan., 1888 103
500,000 Q.— F. 2 Aug., '84 160
600.000 Ci.— J. l\ lulv, '84 145
2.'>0,000 M.&N. 6
NnT..19'22 110

1,000

100
100
1,000

100 1,800,000 Q.— J.

Consul, molt, bonds
1,000
•Chrisl'ph'r&lOth St^Stk
100
BonrtH
1,000

1,200,000 J. &D.
650,000 P.*. A.
250.000 A. AG.
*iylJk.r..B.A Bat'y— stk
100 11,200.000 Q.—
Ist mort., consol.
600&C.I 900,000 J. & D.
Scrip
KM) :l,'i00,000 F.& A
I

1

1,000,0001 Q.-J.
100 !i,ooo,"oo!k
a.

1(H)

&

100
Ist mort
1,000
Hoa8t.w.st.AP.F'y-Stki
100
1st mort
600
••cond Av.—Stock
100
Silnmrt
'
1,000
Consol

«lTth A v.—Stock

&

Thlnl Av.— Slock
Ist mort
1 wonty.thlrd St.— Stock,
Ist morii.
uort

74,><,()00

500.000

J. <t J.

1,«K2,(M)0 J. <t J.
l.-)0,000

A.&O.

1,05().()00|M.&N.

100
1,000

M.&N.

BllO.OOOl.A.&O.
2.50.OOO; il.—F.

1,000
scrip

Ist tiKfn

Cons., 6 p. c
A Burl. C0.-8S. '97.
[Catawis.sa— 1st, 78, con. c.
Chat. M., 108, 1888
;Cani.

Nebraska, 6s. Exempt
Nebraska, es.Non.ex'pt 104
Nebraska, 4s
Conn. A Passumpslc— 78.
Connotton Valley— 6s

117
1

1.50

110
93

I

84

1

AST

;

im

".J

I

—

I

A Pacific
Boston A Albany
Boston A Lowell
Boston A Maine
IJoston A Providence

.-vtlaiitic

8'8
9
16934 170

,

6s, reg., 1903....
Cons., 6s, coup., 1905...
Cons ,5s. reg., 1919
7s, 1896.
N. Y.
Pa.

Cons,

1

165

Chic.
Ciun.

A West

42

Miclilgan..
Cleve.

Sandusky

A

1-2

Concord
Connecticut Filver
Conn. A Passumpslc
Connotton Valley
net. Lansing A No., pref.

163
78

Flint

A

22 H,

Pcre Marquette.

PreieiTetl

Fort Scott A
Prelerred

1U2
•84

GuU

123

Falls A sloni City.
Kan. C. sprliigf. A Mem.
Little Rock A Ft. Smith.
Louisiana A Mo. River..

•8.1

Iowa

500,000 M. A s.
500,000 J. A J

1, .
I

loo '2,000,000 Q.—P
1,000 l-i.OOO.OOO J. A J,
100
000,000 F.AA,
1,000
250,000 M.AN
I

I

Thla solntnu snows last dividend on

Olil

'85-88
Delionture coup., 1893J
Scrip, 1882
Cour.,78, R. C, 1893..*
Conv. 78, cp.otf, Jan.,'86

Phil.Wll.A Bait.—4s,tr.ct
Pltts.Cin.ASt.L.— 7s, reg

18

61

'•J

140
113

18 S,

stoekt,

2
7

July,
r>ec.,

'84 136

1902 118

112>4
139
llgia
135
116
19

3
Aug.. '84,130
Oct., 1898 110
7
21a Aug., '84 192i.,i
7 JJUUB, '93 114 IllHig
»

'Feb.,

July,

IBUllOO
'84

263

Kob., 1914 105
May, '84 250
April, '93 11-i
Aug, '84 130
July, '94 1 1

July,

•84

April, '83
May, '88
Mch., '84
Inly, '90
Aug., '81
Jan., '90
Aug., •84
May '93

102
285

no

263
117
140
113"a

193
00
100 Is! 101 "v
105 106
300 .UO
110 115
285 290
111
113
168
173
110 113

bat date of maturltir on bonds.

99ia

Wan. n A F.— Ist,

7s, '90
7a..
W.J el sey— Ist, 6s, cp.,'9a
1st, 7s, 1899
Cons. 6s, 1909

West Ch)ster— Cons.

S-a

Prelerroi

Huutingd'u
Pref en e<l

6a, P. B., 1896
Gen., 7s, coup..

62

54

20

,

1

59

"a

69 14
to

North Pennsylvania
Erie

Western Maryland
's

192 "a 191

Cin.

CANAL STOCKS.

,

.

Allegh. Val.— 7 3-108, '96
78, E. ext., 1910
Inc. 78. end., coup., '94
A Pitt.^l).- l»t,6s

12

13

lis

116

"So'

!2i"

Ashtab.

lat, 6s. re!?.,

1908

Belvld'e DBl.-lst,68,l902
2d, 6.S, 1883
3d. 6s, 1887
,

Oap-lst,

78,

1893.

,

'•J

115

190J

Consol., bs, 1913
Buff. N.V.A Phil.— l8t,6s
2d, 78, 1908

"bs"

99"'

82 '<
28 '6

63 >«
29 »

Bait.— lata.

1900, A.

AO

gold. 1900,

Series A
Series R
Pittsb.ACon'ells.-78JAJ

S»

W.Md.— 6s,
2.1,

1st, g.,

guar., J.

68, 19'-'1
1st. Tr. 6s. 1022
}

Per shire.

io6'^4

101

101

101>»

J.AJ.

A.

98
1'20

114

I'joSi 121

A

A

t Id

d

Wei.lon— (i.dil.7s
>(aiill.

{

«

103
llu

J.AJ,

2d, guar. by\V.Co.,J.AJ.
J
6s, 3d, guar., J.

Wil.

116

"o«"

I

Wilm.C A.\ig.— 6s

Cons.

Kx-dlvidend

103

A

2d8
Sds
ColtimbiaA Greenv.— lets
2da
No.Central— Os, '85, J.AJ.
6s,
6«,
5s,
5s,

103 >

A Aug.— 1st..

Wash.

Union RR.— lsi,.itiia.JAJ
Canton euilorseu
Virginia A Toim.— 5s ...

102 >a
100

1081a 109 la
S3

Balt.AOhio— «8„'85A.AO 102'
Cell. Ohio.— 68, l-st.M.AS. 109
2d

Atlantic,

RAILROAD BONDS.

A Chart.— 1st..

Charl. Col.

,

Ppiinsylvaula
Schuylkill Nav.. pref...

63
100 174
130
120
9
50
50
50
12
50

Iiic

—

Lehigh Navigation

Pai

RA1LB0-\U BONDS

Atlanta

Wllin. A Bait....
Pitl.sb.Cin.A St. L.— Com.
riiited N. J. C'oini>anies,.
West Chester Cons. pref.

A

lat pref
2di)ref

Parkersburg Br

I4I8 "14

Reading
Trenton

A Ohio

Central Ohio—Com
Prof

108

Norristown

Newtown A N.Y

West Jersey
West Jersey

63

56"a
13

90

BALTLtlOUE.
Baltimore

24=4

123 >

79

1907

RAILR'D STOCKS.
Atlanta A Charlotte
24 >a
62

86

105 >«
115

Nav.— lst,63,rg. 103

6413 Schnvlk.

2il,"6s, reg.,

Prefen-ed
Li tie Schuylkill
Minehill A scli. Haven..,
Nesqnehoniug Valley
Norfolk A West'n Com,
Preferred
Northern Central

1901

Cous., 78, reg., 1911
Pennsylv.— 68, cp., 1910..

12

10
64

108
108

Del.— l8t,6s,1886

Lehigh Nav.— 08,reg.,'84. 105
Mort. RR., reg., 1897 ..

40

,

A

A

Chea.

,

Lehigh Valley

A

lis

CANAL BOND^.

ISO

A Broad Top

Pliiiiwtelphia

100

112
113

W.JerseyA Atl.— 1 8t,ti8,C.
Western Penu.- 6s, coup. ioe'

Delaware A Bound Brook
East Pennsylvania
Elmira A \\ illiamsport

I's,

63

7s.
6s,19i)5

A Pac— l.st,

Cims. 68, gold, 1901.
Cons. 6s, gold, 1908.
Gen.. 4s, old, 19'i;3

Prefeireil

Ist,

49

Union A
United N. J.— Cons.6s,'94

BuHralo N.Y. A PhU
PrefeiTed
Atlantic

Bell's

48

"92ii;"93"

19o5
Titusv.— Ist, 78

Oau

Phila. (ter.

112
165
150

53
39

Citnsol., 6s.

Pretcrred

A

32^1

A B.— 78.cp.

Pitts. Titus.

lex.

PHIl-ADELPIIIA.

A

60

SjT.Oun.A Corn.— l8t,

12';

RAILROAD STOCKS.)
Allegheny Valley
Ashtabula A Pittsbuig..

Pliila.
Pliila.
Pliila.

83 Hi 84
93
95

A Pott.s.—7s
Shen. Val.-lst. 78, 1909
Oen'l Os, 1921
in. ome, 6s, 1923
Income, 5s, 1914
Sunbuiv A Erie— 1st, 7s
Suub. Ilaz. A W.— Ist. 58
2d. Os, 1933

116

Preferred

I'liila.

.120
120

ShamokinV.

lo-'s

Wisconsin Central

PouiLsylvania

165

,

.\dj. Scrip,

Conv.

Colony

165
103

UO

Cons., 78, reg., i911
Cons., 78, coup., 1911.Cous.,68,g., 1.R.C.1911
Imp., 68, g., coup., 1897
Gen., 6s, g., coup., 1908
Gen., 78, coup., 1908
Income, 7s, coup., 1896
Cons. 8s, 1st 8Br.,c.,1922

Cons. 58, 2d ser.c., 1933

^9
24
22
60

Portland Saco A Ponsm.
Rutland- Fn:terrod
Vermont A Mass
Worcester A Nashua

llO'-a

216

lOi
120

2d, 78, coup., 1893

Ill
34
113

Eastern, Mass
Fliclibnrg

US-a

7,1906
Perkloinen- 1 st, 68,cp.'87 101
111
Phil A Erie— 2il.78,cp, ,'88 109
Cons, 6s, !9'20
103'a 103»»
Cons., 5a, 1920
Phlla. Newt. A N.Y.— 1st
119
Phil. A It.— l8t,6s, 1910..

Bo -ton Revere B. A Lynn

Chesliire, pi-elerred

—

C—

A

159 "a

,

25 Ml

123

I

P2
163

108

A

I

Caiawis.sa
l8t preferred
2d i>ref erred

95
208

iis

—

Camden A

no

lis

69, cp., 1900-04
|C;or.t.'owanA .\iit.,deb.6s,
IJelaware— 68, rtf.A cp.,V.

Connect'K

Del A Bonntl Br —1st, 7s
East Penu.— lst,7s, I888
lEastoilAAnib'y— 58, 19'20 105
jEl AWmsp't^)st,6s, 1910 113
6s
100
5s, perpetual
East'rn, Mass.— 68, new.. 109
111
Harri.sli'g- lst,6s, 1883
Fort Scott A Gnlf- 78
10913 II
—1st, 7s, g., 1890
K. City I.awr. A So,— Bs..' 108
92
Cons. 5s, 1895
K. CitvSt. Jo. AC. B.— 78 1151a
90
rthacaAAth.— 1st, L'ld.,78
Little "R. A Ft. S.—78, lat
97ij Junction— 1st, 6a, 1882.
K. City sp d A Mem.— 6s
40
41
Mexican Central— 78
•2d, Os, 1900
11
I.eh.V.— l8t,0s,C.AR.,'98 120
1 ncome
7,S's' 79
133 IXS
Serin
2d, 78, reg., 1910
94i«l
93
121»4
Cons. 6s, C.A R., 1923..
N. Y.A N. England— 68..
10i''t N. O. Pac— 1st, 68, 1920.
...
50
60
7«
No. Penu.— 1st, Os, cp.,'85 100 "a
N. Mexico A So. Pac— 78 113
120
Ogdcnsb.A L.Ch.— Con.68
2d, 7s.cp. 1898
•-21
Income
Oen.,7s, 1903
Debenture 6s, reg
Old Colony— 7s
6s.
Norfolk A West.- Gen..68 i'oo"iro2"
115
9J jlOO
Pueblo A Ark. Val.— 78..
N. R. Div.. Ist, 68.1932
Rutland— 6.8, Ist
Oil CItvA Chic.— 1st, 68.. """100"
92
Sonora 7s
Oil Creek— 1st, 68, coup..
STOCKS.
Pennsylv.- Gen.. 63, reg. 123
75'*
75
Atchison A Topeka
ll22Hi
aon,6.s, op., 1910

m"
106
108
100

—

New 7s, reg. coup
;Chart'rs V.-lst, 7s, 1901

I

115

gr.,7s.

—

1

Scrip
42d A lirnd 8t.F'ry-Stk

A Mo.— Ld.

Bell's

G rant,

Broker, 145 Broadway.)
flOO.OOOiJ. A J.
\J~\y, "841 21
lat mort
1,000
700,000 J. & J. 7 Juiy,1900 108
Br'dway & 7th A v.— Sfk.
100 12,100,000 Q.-J. 2 iJuly, '84 l.=;9

Ighth AT.— Stock

Burl.

.\inbnv— 6s, c.,'89
lO^lj
6.S, 1889
Atl.— l8t,7s,g.,'93 118
2d, 6s, 1904
Mort.,

1

A Lowell—7s
A Providence—78

6s

305
235

:

1st ninrt

S2

I

—

Boston

W — Hen ,6s

A
Cam. A
Cam.

)

80

A Lowell
N. V. A Now Kiigland ...
Norlhera of N. Hampsh.
Norwich A Worcester..

BomU

Cent.PK.N.*E.Riv.-stk

r.o
ii«

Pi-cf errefl

Amount. 'Period

BnsliWk.vv. (Bklnj— Si'k
Central crosstown— Stk.

A Topeka— 1st, 7s.
Atlantic A Pacitlo—6a ...
Income
Boston A Maine— 7s
Boston A Albany- 78

Atch.

Nashua

GAS COMPANIES.

let lunrc. bonds

SECURITIES.

Ask.'

1

IBuir.Pitts.A

Pieicrred

1150

1st niort

Bid.

I

B(»ST«»N,

Maine Central
Manchester A Lawi'ence.
Marq. Hou.nbl'n A Outon.

Grk and City Railroad Stocks and Bonds.
[0«» Qnotatlons by GEO. H. Pbektiss & Co., Brokers, 49 Wall Street.]

JBrooklvn Gas. Light
•Citizens' Gas-L. (Bklyn).

SECURITIES.

Boston

ami lialtimure.

Uo8t(>ii, Fbila(lel|)liia

III

Laud grant, 7s

i

ICkrke'l thua (*) are P»r.
not National.

Bntchers'
Central
Cha>>e

I.tst.

[Prices by E. S. Bailey, 7 Pine St.]

\A»t.

fVou XIXIX.

10^
113

ExrlghU.

108

'a

August

THE CHRONICLE.

33, 1884.]

207

KAILKOAU EAKNINUS.

New York City Bankn.—The following rtatement shows th»
and the totals from Jan, 1 to condition of the Associated Banks of New York City for theweek ending at the commencement of business Aug. 13:
The statement includoa the gross
latest date are Ki^'^n below.
Artrage Amount o/—
earnings of all railroads from which returns can be obtained.
Banla.
Nrt DepoiUt
Lnaiu
and
Ltaal
The columns under the hwadiag "January 1 to latest date" furCXfWutoSptcU.
other
DUcouiUt.
Tmien
n.
(ton.
titan U. B.
nish the gross earning.') from Janaary 1 to, and iaclading,
latest railroad aiming!)

The

the period mentioned in the second column.

LaUMt XamingB Reported.

Jan. 1

Latut Date,

<o

Soaili.

18h4.

1883.

1884.

S
73.459

72.345
I,2."i 1.029 1,2«1,03\
a Atcli.T.A S.Fp .fUPO
stwk Anj!
10.t78
7.S72
Bo^l. H. T. .t W
47,ti87
wk Ane.
Biir.Oiil.R.ANo
49.'.i38
Ala.Ot..''outlicni Jul.v
".

'.ill

wk .\u^.
wk Aui;.

CaiiHdiiin Prtoitic
OMitral Itiwn ...

'ZiX

Central

Jul.v

'.ill

I'acltlp.

ElU.Ux.*H.S.
Cliis. O.AS.W..

.'

14'>.()00

I."i0.(i0<i

33,218

28.156

1.844.0110 2,036.21t;

wk8 Aiu.
wkH Aufc.

'.*

l«-..79fi

38.230

170

03'i

27,.'i24

wk \uti.
wk AU)t.

1883.

•
593.147
653.004
7,616,815 7,368,^94
241,678
187.130
1..565.084
1.574.474
3,034.712 3,064.502
317.308
733.333
12.283.920 13,581.341
2,204.036 2,30 ',099
429.129
407.586
770.549
713. H54
5,017,723 4,902.907

2(),5o8
26.452
23.''.,838
234.451
2,077,182 l,a37.yi(i 11,610.021 11.405.-203
^
•2(1 wk AiiR.
32,(106
34.656
896,385
977.816
.'il wk Auk390,000 3l>7,l.'i4 13.177.0011 1.3,327. S-iO
A
4'JO.OOO
472000 13. 380.S99I1 4,010.346
Chic. & Nortliw. Jil wk Aug
101.700
Ch.8t-P.Miii.*0 Jd wk Aii^,
08.400 3.318.101 3,004.238

A

Cliluavo

Jil

Alloii

•li\

Q

Clilc. Burl, it
Clilc1.& K:i»t. Ill
St
CUlc. Mil.

.Iiiiio

ChlcA W. Mich
Cln.Inil.8t. L.AC

A

Cln. N. O.

.rnly

2.^..7.'9

.

915,818
1,321.982

22i',360

2i),799
190.1'J3
:; '^8.358

1.43(!,073

1.007,6j7

211.8-2!'

luly..

V

T.

wk Aug

l8t

Cln.Waah.ABttlt,
I wk .\u?.
Clev. A knuiA ol -M wk jVug.
Clev.Ciil.C.A Iml .(11110
Coiiiintliin Val. .luiio

36,,-.4!i

42.6t2

10.674
283,712

12.--'48

28'*.085

338.<J9.<

1,303,680

Deuver&llio(ir.'.Iiiiii'

683. 7H7

^

!

Des Mo. A Ft. 1)
Det.IjinsVA No.
Dnb. A SiouxClty

1
:

wk Aug

9,409
19,n01

wk Aug

13.4.->7

st

Jiiuo

1st wkj'ilv
EviinsT. A T. H \li\ wk Auk.
Flint A P. .Marii.|2.1 wk Kag.
Flor.K'wav A N. lutwk Aug
Ft Worth A Den. .Tunc
Oranil Trunk.. \VkAu'_'. it

B.Tenn.Va.AGa.|

wk AU','.
1st wk Auk

Or.KavW.ASt.P.

'Jil

6nl:Ci.l.AS.inFc

Hous.E.AW.Texl.luly
» lU. Cent. (111.) I'-M wk Aug.

Do (Iowa) -il wk.Aii^.
Ind. Blooui.A W.j ilwkJuij"
K.C. Ft.S.A Uulfj '.At wk Ann
jCau. C. Si> A M.'lst wk.\ua
Kcntuokv I'cnt'l
lake Kile A W

wkii

.;
1

St

Au^

wk Maj-

June
t.Rk.M.I{iv.Ar June
Istwk Aug
Long I.slauil
lA. A
IjOUIkv.A

Suiith

May

.Mn. Ki\ cr

Naahv

wkAug

•-M

Istwkjuly

Hoxioan Cout.c

Aug

Milwaukee

4.07.i

30,697
25.61

215,300
30,20o
51,631
43.042
25.8 i9

43.233
15,603
S3,00
23.500
93,005

IstwkJuly
i.ttwkJ.Uy

A No !^twk All,

60 025

1,915.549

66.V.908
1.637. c.OO
I.Sol, 282

19.220

442.153

45,!>81

1,464.685

15,037
31,900
360.181
U,I69
44.9

60-2.323

435.100
1,535,389
521.600

S23.7O0

171. .00

955.169

Lfl-JjlilG

24.11.^
232.-201

149,6->7
5,88.5.516

33.688
55.63»
36,913

1,364.148
1,380.876

169,01
6,157.811
1,150.541
1,53S.470
1,060,227

655.933
501,799

472', ibo

230,94)
152.101

242.937
185.475

1.591,397

1.56!l.(;87

261.75t>

250.442
8.U37.899
435,327
681,702
1,097,079

45..V10
22.8-27

i0..'i54

265,93.S

12.845
3,020
8,775

408,912
179,' 09
304,341

8,83.i

23,6'.'0
Mll.L.8h.AWctit. 2.1 wk Aug
2 .49.-)
153.66ti
Minn. A St. Loal^ June
152.7.53
Missouri rac.A. June
2,653,271 2..577.(l70
Wall. .'<t. I, .A P. -'link Aug.
407,108 3-!1.339
MobUeA Ulilii.. Inly
128,415
134.464
18", 175
Hash. Ch.A 8t.I.. July
195.468
K.O.&Niirtlioast luly
24,860
8,999
H.Y.ANew Kn- Juno
283.531, 300.69O
H.T.UErieAW.i/ June
1,281,157' 1.663.038
N. Y. Pa. A O. Juno
42»,133 580,161
K.Y.Susii.AWcst July
97.017
89.11-9
H.irfolk A \Vi.«t rune
183,869 2«i3.01ii
SbenauiloabV Juno
50,0.i6
70.109
Hortliern Cnutr'l June
416.635
476,164
1

Northeni Pacitlc
Ohio Central....

ObloAMiKs
Oregon
Oreffon

WK Aug.
Ht wk .Vug

it\
:

244.2'.;0

226 070

H2
74,834
312.680

8 -•,919

2-2,1

3d wkJiily

May
R.AN.Co May
luip. Co.

361.019

. .

i

ColuinlilaAGr.Jiily
Va. Midland. .Inly
West. No. Car. .luly.

250,923|

40.879
30.880
131,306
35,719
26,734

..

Boch. A PittMb'K -Jilwk Aug.
Borne Wat .A Og. M av

1.37.351.

Bt.Jijhnso.A 1,0. March
8t.L.AltoiiAT.H. 2d wk Aug.

Do

8t L.

(lirchs.:

Ft.

Iflt

SAW

WR Aug

'dwk Aug

Bt.L A;San Fi-an

-M

wk Aug.

Bt. CiuilJc Did'tl.

•-'d

wk Aug.

BUP.Miu.* Man July
Booth Carnlina
lone
Bii.PaeCal.ND April

Do

So. Div.i

April

272.28-.'

46.78,
.35.023

146.777
30,553
15,011

125.815
18.14
30.099

19.457
23,728
10,890
10.571
101.420
30.305
602.0

612.706

.55,77L'

63.25<'

95,876

88,052
304.689
214.742
64,857

1

34i>,llt-.

8,127.415

61.7.113

276.270
009,484

843,218

7rf7.203

344,2.!0
2 620,255

7,452,013

1.097.010
1,297.458
47.000
1,605,319
9.377.140
3,028,797
554,0-i4

1.209,135
3 56,360
2,944.014
4,-27,733

Wl».'iiiwlii

^C

I

CenfliUbwk'nlvl

"[""ideu ooutii, ni

ILilvlKlon.

13.281
6.1)32

79.303
.12.439

t;67.8-4i

716.8!IS

4.525.308
0.3.202
577.337
343. K53
327,455
1,107.213 1,358,784
636.307)
802.448
232,527
250,412

4,'2.59.52ii

31.787
14.352
112,374
41.752

iviiiioaa iiiu.s

29.33.-)

25.921

4.119
198.098

73,2(15
627,.507

38.10;
in Uotu years.

259,08 1
10.929
477.85!)

787.4<9
6 Includes Bouihern

824.574

Including biuh divisions.
rf Corpus Clirlstl to Saltl 1".
up to -May einbraceil only 210 miles, Laredo to SalHIlo

c

397 nules;
«ie,"H
TV,
hole

..

I

'^

""'""

""'^''

I""

V'o''

fo

Mav

reiiresi-uted

'297

miles.

8outhwcsiern sys'nu.
1/ Not including caniiuL-s of New Vnrk
Ohio road.
k Not including Central .Vew Jersev in either
Jear piiiir to Juno 1.
• Inoluded in Central Paoittc earnings above.
J tmbraolng lluos in Missouri, Arkansas
and Texas.
r-eiiii.

A

Mirihiiiits' Exch.
Oiillatln .Vatiiinal

766,000
452.100
14 3.000

MOO. 200

143,100

258..300i

1.61

A

(Iro'.uwlch

Leather MaunTrs.
Weventh Ward

036, Hill)
a.ioi.iioo
429.:'00

S.lSO.'.iOO

34ll,:iOO

105, "00

221,600

1.

8tut« of N. Y
Ainerlo'n Kxcirge.
Coriimoree

Hio.idway
Mercantile
IMcine
Hepnbllo

4,233.300
453.000
6,938.000
273.000

4,7H7,'iOO

Ituleliurs'ife I)ri»v..
Tr...

3<Jl.300l

1,798.000]

S..^4.i.800
2,30.-i,20O

3,404.000
1,583.800
2,832.000
7.240.100

-

..

Irving

2.6.->3,000
.

3,972.000

...

2.48il,7()i)

Nassau
Market

2,158,500

Nicholas

73.500
4B8.70O
2.110.000
610,000
116.000
361,200
147, loo

Slice

A

I'lxehaitge

38:1,300

701.400
202,500
621.000
2211.400

46,000
2,600
616.(100

10.700

2,7-^3.000
2.43:.:100

263,400

2,208,100
1,080,000

430,600

3 14,000

2,7-24.0001

377,000

4tf,006

4,0'l'2.fl00|

690,:100

5.004.000

328,H00
2.82. lOo
332.000

34:1.701
6 1 .000

1,907,900
2.703.000

1,100

36t.0«a

11.111,000
2,027.400 13.927.100
912.000
33».400i
4. f 96. loo
887,200
387.600
«.:l!3.100
404,000
165.700
2,533,3001
7(10.600
4.274.600
281,800
631,100
3.476.500
46,000
190,300
1,778.600
6.40O
297, SOO
3.08 2,800
039,300
8,301.300
626;5bd
403,401
2,714,000
383.000
208,000
1,151,000 1.106,000

61>7,800
47.1.100
2il3.G00

2,7.13.701)

Corn

4.3-28,;tOO

H9;l,200

1,736.000
4.136.400
1.200,600
1,8I2,:W0

4,671,11)0

Pi'oples*

2,:l 17.600
1, •22-2,800

3.:t^a..'.oo

„

837,600

973,:iOO

241,800
148,700

13.511.000
16.612.300
6.970,700

Chatham

St.

I. .-.00

l-i.*21.8l)0
2.7.-,1.800

460,009

13-2,400

866.000

3.03.1,700
1.4l»,'200

.

4.0:0.900
1.883,200

364.000
757.400
954.000
121.400

Importcra'A Trad

1.1.971,.') 00

7,.'.80,!'00

332,900
1.826.7001
1,541,200; 22,054,500 l,3()9',7bO

I'liik

15,11-2,100

3,706,800

2,043,200

19,125,900

1,403,000
1,096.300
11.714.700

27,000
88,700
4,821.400
1,128,000
190.000
313,800
3.911.800

23.;.000

1,745,000

153,100
927,000
1,224,000

8.14,500
13.318,.iOO
7.f)29.O0O

I.iather..

4,72.'!,6o0

...

Coiitlueulal
(irli-ntal

Wall Street
North niver
Ka^^t Uiver
Fouith National..
c.'Utral Nation il..
Second Nattniial..
Ninth National...

7,0 '9.000
1,631,!)00

4,744.600
14,97»,<00

First Natloii^il....
Tliird National ...
N. V. Vat. Exch..

1,325,; 00
1,!I06.200
2.1123.800

a

2.415.5001
3.222,200,
2,421,000!

rinan--\inerii!'n.

Ch.ise National...

Avenue
ennan Exuh'ugo.

P'ltih

O. riuania
I'liited States
Lincoln

1,637,>100
1.80»,B0()

'larllehl

Filth National....

13.915.800
5.143.700
1.007.100
1,S3',300
2,477, UK)
2.405.300
3,970.700

595,:i00

41l!l,900

560.1100

181,400
352.900

691.000
603.700
102.000

106,0 10
4!;. 000

45.00O
220,200
380,000
297,000
45,000
313,000
449,900

2.

206.000
222.700
180,000

45,006

.33.900

2,064,600
2.167.600
3.389.200
1,603.800

212.500
48.200
200,000
181,400
182.000

13;,8,0

1.02-2,800

Total

3,852,701

614,700
210,200

209.0:)0
3,140,900; 1,429,600
1,328,800
329.200
903.1001
37.900

...

61o,:i00

240.()(M)

276.300
265.400

'ei'ioo

1.909.000

201,11001

l.B46,«00
113.400

4,09.-). 8O1)

Bowery
N. Y. connty

439.900
44.400
177.000
133,000

7S12.200

1,093,900

'287,810.000 77,044,200|3-2, 166,900 308,691,200,14,328,800.

The following are
Loans.

weeks

totals for several

Specie.

Deposits.

\L. Teruler$.\

I

past:
Circulation Aug. Citar'f

i
Ang.2 2^8.352.800

74.743.3l)0:3l,57'2.1Ofl:lO4.61G.000i 14.398 000 335.3i'3,12ff
9 288,92!),700 76.:il0,00l) :-:l.:l41.7O0ul06,:64,ll)O 14,:!77.400 300.058.586
IB 2.-(7.840,000 77,014.'200 32,106,900 306.091.200: U.:l2-t,600 403.001,224

••

Banks.

liostoii
1884.

— Following are the totals of the Boston banks:

Loans,

Specie.

L. TevOera

$

$

$

i:i7,«24.100

6.696.900
6.706,100
6,783,700

138.3-! 1,1110

" 18 1:18,147,300

Deposits.' jCIrcaJafion .1(W. Clear'tt

$

$

$

85,215,90 2'2.933,700
80.H6o.200 22.811.400

4,361,700
4,177,:lOO
3.8:17.300

Philadelphia Banks.— The

.34.425.177

62.709,76*
35.373,933

84.743,60(11 22,1158.300

totals of the Philadelphia

banks

are as follows:

Aug.
*

DepmMs.'

\LawJatMom\i.

Loans.

2,169,923 2.285.892
1.382.300 1.465,7>*7
1.780.721 1.907,970
23,333.2 19*24.352.579
453,947
4o:,020
1,616,812 1,943.239
10,110.170 10.905.800
7.053.919 7.171. "07
2,070,025 2,037,088
39=1,778
440,50
329.735!
401,868
883,471
804.010
220,053
176,917
682..',97
303,770
502.871
599.0,83
50.10:i
49.487
853.787
S06.775
402.192
43.1,417
122.573
283,770
2,683,970 2.129.710

'

!

Trailesraen'a
Fittton

10,6 42.000
8.16:1.000
H.0;!9,20O
8.6O7,(!0O

1,4 (<,'iO0
9 13.000,

4.20«,»0O
971,H00l 10,721.700
293, SDO;
2.269,000
U22.000 11.7:12.600
1.788,9i)0
151.200
1..300 400
174.200
873,200 18.098,000
402,100
2.392,400
46.3.400
3,207,500
86.600
1,5H2,:100
106 0)0
902,000

2.418,000
7,468,700

Chemical

"

1,100,570
1,332,066
214.597
1.591.499
7,671,060
2,047,721
5 48.945
1,240,502

4,421.1100
U,743,:)00

City

1884.

I>o .\ri/i>iia.) \pril
175,575
Do N. Mex.i. April
6:^,770
Tci. A St. LoulsJ' St wk Aug
21.69*'
461.811
Union Paoiflo...!Jinn}....
2.190.2'*3 2,273.597 11.41<7,17!» 12.969.722
Utali Central. ..June
85.932
7:',82i5:4.479
474,31.6

VlokshrgA.Mer. July
VIckah.Sli APao. July..
Wost Jersey
tine

Union
America
Phenlx

23.84.N

43-1,144
439.001
Pennsylvania. .June
3,906.174i4,15rt,871
Peoria Dec.AEv. -Jdwk Aug.
19,698i
15,521
Pblla. A Erie ... Juno ..
2i'2,363
344,771
Pblla.A Road'^/i .fune
2,148,764 2.810.48!J
Do C. A Iron .Iiiiie
1,083,3.57 1.518.731

Bicbm'rtADauv. .luly
Ch. Col. A Aug. July

9.930.525 11,14.1,714
201.95
229.-23

515.8:0
673.307
1,602.265

27,83:
2.'!0.000

luiy

4'<i7'.385

971.446

....

7.0.W.600
7.7»»,000

^tetropolitan
Cifizenb'

3.371.207
175,742

1

63«,()00

316.440
2,001,496

3.034.512
191,929
1.598.3<J3

l,84J,O0O

2,092.1100
1,«13,3 lO
2,8 lt,o()0
1,417, :oo

North America
Hanover

678.781
7,902
26,502
17.108
300.G3

30,750
23.100
97.3S1
49.800
268.570
34,910
17,851
110,015

23,825

lIex.Mat..NoDr/ iHt wk.Foly
Bontliciii Dlv
Other liuca e.

3-!.3uO
33«,7':6

254,^30

l.'itwk

Ueuipli.

A CUoi'l

291,251
63.060
21.J23
41.777
15,200

."10,900

Mar UouKh.A O

90J,(i65

2,493,000

7.fl88.0(to

Merchants'

Mechanics*

•

8,810,000

Co

1,348 2,i5
1.385.830
1,098 025

27,.'520

Bt wk Auj;

2il

|

EaHeru

LRk.A Ft

.^fanhatt.>ln

Mectiaalos'

VtcKorMi

»

»

New York

1

$

4
11

20.235,.399
8.1.8S.J.136
72.001,413
05.2os.469
72.200.718
20,;191,:199
13
20.291.403
63,151.2-15
71.096.933
Inoladtng the Item "<tue to otliei* banket."

Unlisted Securities.

week

8.07:VG49

40.S9;i.66»

quotations for

a

SecuriUe».

A Pac— 6a,l8t M

Ctiit. Dlv.,

80
68
24

ne«

Am. Hank Note Co
A III. Safe Dep. per. ileb.lj<lB

&

Aicli. Col.

K.— New stock
H.T.A West,— Si'ck

6

Snip Htork, asu't
1st inert ,asst pil
Ilutr N. V.,t Phila
Tt UHtbOtl'lS. 6:*

\\\\

A

"•J

r;«irtc— atock.

—

2il mort
K<- Iv Motor
Ij hiicii
V\ilkc«. Coal....

L*<iiauou HpMux**— 1st
lit U.t eudomeit

I

15

28
»

W
8

30

..

^.

0%,
11

7
II

l»>k.

3

69 <•
18
80

100
14

88V
40
9
li

n

&H

*\

ToloKi-Kph-Mtock.

40

1 st moi t., ua
PoKt-*l rel.ACiiblo— Stock
1

V6"

15^
78

'

6

People's Telephone
u(

lenn.- Soi'iirt.3s 60

Si.Jo>te|iUA Western

—Oldacrp.;

,

6

8

18%
"68"
40
68

3>«

..

mort

;f»tat«'

87 ^
n\

(

1

jPojiral

«0
26<\i

.

lHtmort.,Cs

p.c'

Lakf. Isi

A Atl
at nioit
[PitiaburK A Weatoru
Int

80

Kili^ott lilecliic M;flit
ij.orijla Pa»'
stock

(I

'Pensacola

121,

A

A

lucotiieii

70

A

tireen

52

Norfolk A Wtat.— l>*'bL*n..
Ohio cent.— Uiv, Dlv., Itit

0:)

Iienv.AR'loiinW."!!'*.*.'!
Dcii. R. (».
W., 1-t M.,
oiiar. by D. A u. G
D*nver«t Now Oilenna...
Dts Molnt-H
Ft. D..pr©t

A

N. Y.

50

5

Contluenial Const. Inip.Co
Di'nv.dt Klo<Jranil&— Cons

Ml

bonds..] 78 '-a

iNonb Riv. Cons.— 100
;New Jersey Souilierii
11

IHl

—

BiiIt.-'J(l>*

'

N. Y. M. Un. Tel.-stock.
.V. V. W. Kb. A B.—Slock.

Phc— Div.

24
3

I

Mut.Un.— Sfck trust ctfs
M.K.AT.— lucoine siiip ..
NortJi.

80
8
30 >«
2

20

.Smith..

1

14
14

CliH-ugo vt can. So— Si*ck
Chic, it Atl.-Bencf. stork
Chicago «& (.iruuil fYiiuk..
Cent, of N. J
iJt'beut

W.

\

il Ft.

|Mextran National
lal mort
Mahoiitng Coal A RR

66

B'klyn EIov.— ABs'tptl

r'niiforiilA

72
2»

ISi

1£. ct

Rock

I.ittle

105

i'at'itlc

iH'benlures

Clii.

42.27n.62»

—Following are latest

Securitiet.

iJoHt.

8.094.50:?

past:

Athmllc

Unit.

Circulation. Agg. Clwir'dt

$

Texafl

New

Pa<:l(l'j

IV

Tex. St.L.,M.AA.aiT..w.p
M. A A. IHv., I8t mort..

Vlr^flbuFKA

20
a

Merif*.la=...

7i«

l*rer

Ihi mort
Wlseousin Central
l-4t
'it\

91

lu^

mort.. 1st pref

mor;

13:^

I

14>»

40 >,
30',

aciip

70
36

41
9

THE CHRONICLE.

208

JtTuestmeuts
AKD

RAILROAD

IJiTEI.IiIGEIVCE.

XXXIX.

[Vol.

Canadian Pacific— In regard to late rumors against this
company, Mr. George Stephen, the President, writes to the
Toronto Qlobe : " These assertions are that the company had
drawn fifteen millions of the government loan before tlie 30th
June, besides the regular payments on account of construction that the syndicate, as you are pleased to call the company, "has not been able to unload any of its stock," and has
been making "increasing demands" upon the Dominion
treasury. The statements are absolutely witliout foundation,
both as to those which are direct and those made inferentially.
The company have not received one dollar from the government beyond the amounts expressly authorized by the loan
act of last session, and they have made no demands upon the
government except for the carrying out of tliat act. And,
;

The Investors' Sdpplembnt contains a complete exhibit of the

Funded Debt of States and Cities and of the Stocks and Bonds
BaUroada and other Companies. It is published on the
April,

of

Saturday of every other month-viz., February,
with,June, August, October and December, and is furnished
Chkoniclb.
out extra charge to all regular subscribers of the
Extra copies are sold to subscribers of the Chokniclb at 50
copy.
cents each, and to others tha n subscribers at $1 per

last

GENERAL INVESTMENT NEWS.
Atlantic

&

railway."

latest report concerning the negofor a through line to San Francisco

Pacific.— The

tiations of this company
miles of
states that it has just completed the purchase of 242
the Southern Pacific Railroad, extending from the present
Pacific Road, at Colorado
western terminus of the Atlantic
River, near The Needles, to a junction with the Southern
Connection
Pacific, 382 miles from the city of San Francisco.
Southern
is also made at this point for Los Angeles and all
traffic arrangement will be perfected
California points.
San Francisco
extending from St. Louis, over the St. Louis
Railway, from Atchison and Kansas City, over the Atchison,
Pacific
Santa Fe Railroad, by way of the Atlantic
Topeka
route, to San Francisco and aU points in California.
The agreement just entered into permits the Atlantic
Pacific Company to run its cars to San Francisco and other
places over the existing lines of the Southern Pacific and CenPacific Company may run
The Atlantic
tral Pacific roads.
trains direct to San Francisco at any time after giving notice.
Until this is done a fair and equitable division of rates upon
the traffic passing over the line will apply to all business of the

&

A

&

&

&

&

&

Atlantic

& Pacific.

&

Pacific for the 243 miles
price paid by the Atlantic
of Southern Pacific is unofficially stated at about $7,000,000.
The purchasing road will take possession of the line bought
at once, and on Oct. 1 will open a fast freight line in connecSanta Fe and the St. Louis
tion with the Atchison Topeka
San Francisco companies. As to the Atchison Tokepa
San Francisco road,
Santa Fe Railroad and the St. Louis
an officer of the first-named company stated that the only
new direct obligation of either of these companies is such as
may grow out of any deficiency in the net earnings of the 342
Pacific road.
miles of railroad purchased by the Atlantic
The whole of the interest on the purchase price is but $436,000 per annum, and the liability of the Atchison and the San
Francisco companies is respectively limited to one half each of
such portion of tliis sum as may not be earned by the section
of road just purchased.
sanguine friend of the company says of this arrangement, that it secures a new through and independent line
between the Mississippi and Missouri rivers and the Pacific
coast, entitled to 27 per cent of the tlirough traffic, which at
present amounts to ten million dollars. The Atlantic
Pacific
proportion, together with the 25 per cent rebate due from the
St. Louis
San Francisco and Atchison Topeka
Santa Fe, is
estimated at about $1,400,000 net, or equal to its total interest
charge. The estimated local earnings wUl meet operating
expenses. This company owns an extensive land grant, the
proceeds of the sales of wliich must first be apjJied to any. interest that may not have been earned, and then to the purchase
of its first mortgage bonds for cancellation.
—The Evening Past of Aug. 22 says " In relation to the
Atlantic
Pacific agreement it is understood that the Atlantic
Pacific can elect whethtr it wUl pay for its trackage into
San Franci.sco upon a train mileage basis or pay one-half of
the interest upon the cost of this 383 miles at $40,000 a mile.
It is understood, also, that Mr. Huntington is to be relieved
during the next two years of the large investment which lie
made in the bonds of the Atlantic
Pacffic at the time he
allied with Mr. Gould in purchasing an interest in the St.
Louis
San Francisco Raihsjad Company in order to head
ofiE the Atlantic
Pacific from its contemplated extension
from The Needles to San Francisco."

The

&
&

&

&

&

A

&

&

:

&

&

—

The Chronicle has obtained an official statement of the
mileage of the company to July, 1884, given with muc h detail,
as follows

&

:

Main Line—

Miles,

Moutreal to Banuerman

484-7
442-5

to Nepigon (under construction)
Nepigou to Stcplieu (summit of Rocky Mountains)...
Stepiien to Savouas Ferry (Kaniloopa Lake)
Savonas Ferry to PortMoody (under construction)

Haimerman

1,4391
292
214
2,892-3

Onlario DivisionSmith's Falls to Toronto Junction
Ti roiito to St. Tliomas
Toronto to Owen Sound
Eastern Virision BranchesAylmer Biancli— Huil to Aylmer
St. Jerome Branch— "it. Therese to St. Jerome
St. Lin Branch— St. Lin Junction to St. Lin
St. Eustache Branch— St. Therese to St. Eu.stache
Brockville Branch— Carlton Junction to Brockvillo...
Algonia Branch— Sudbury to Algouia Mills
Onlario Division— branches—
OrangeTille Branch— Streetsville to OrangevlUe
Flora Branch-Church's Falls to Flora
Teeswater Branch- Orausevilie to Teeswater
Western Division— Branches —

—

211
121

122—
7-5
13-6

13
8
45-3

96 -27'5

70 -22
18-3
102-4
51
13 9

Mauitou

Southwestern Col —Winnipeg to Maryland
Gretna -Bosenfeld to Gretna
Emerson & West Lynn— Emerson to West Lynn
Main iine- Completed
;

Do

132-5

66-5

Stoiiewall-AirLine Junction to Stonewall
to

183-6

35

Winnipeg
Emerson Rranch -Emerson
iVest Selkirk- Winui'eg to West Selkirk

Pemhina— Winnipeg

454-0

'

to

2)3-

-

294-4

2 ,157 -8
73'i-5--2,8923

Under construction

Total

3,956-8

-

Central Vermont— Consolidated Yermont.— Gov. Smith
has taken possession of the consolidated Vermont Central and
Vermont & Canada railroads in tlie name of the Central Vermont Railroad Company, and now has a line from Windsor to
Rouse's Point, N. Y., with spurs from Essex Junction to
Burlington and from Swanton Junction to the Canada
line— 190 miles. Tliere is $750,000 of preferred stock of
the par value of $100 per share, supposed to be held in three
large blocks, one controlled by Smith, one by the Grand Trunk
and one by James R. Langdon and B. P. Cheney. The debt is
$7,000,000 of first-mortgage bonds and a few thousand dollars
floating debt.

Chicago Burlington & (^nincy.- The Boston Transcript
"As the Clncago Burlington & Quincy Railroad Company

&

&

&

moreover, the comjiany see no' reason to doubt that tlie promade by that act is sufficient for the completion of the

vision

says:

tlie money for the $7,000,000
of stock sold to subscribers last spring, it is not believed that
any new subscriptions will be called for some time. Thirty
per cent of the last $7,000,000 subscription was paid yesterday,
making 40 per cent thus far paid. The next payment of 30
per cent will be due Oct. 20, and the final 30 per cent Doc. 30.

has not yet received one-half of

—

Cincinnati Hamilton & Dayton. It is stated that this
company, lessee of the Dayton & Michigan Railroad Company, have sold to Messrs. Kuhn, Loeb & Co., of New York,
the entire amount of the latter company's 5 per cent consolidated mortgage bonds, to be issued in lieu of its $4-26,000 second mortgage sevens maturing September 1.

—

Denver & Rio (Jrande Western. In the matter of the
& Rio Grande Western for a receiver, Judge Hunter has granted the prayer and appointed
application of the Denver

William II. Bancroft, who has been Superintendent of the
His bond was fixed at $50,000.
Nortliern.— Mr. C. J. Ives, road.
President of the Burlington Cedar Rapids & Northern RailEvansville & Terre Haute,— The comparative statement
road, informed a representative of tlie Minneapolis Tribun". of earnings and expenses for nine months ending May 31,
that excellent progress is being made on the various new 1884, is given as follows:

Barlington Cedar Rapids

extensions of his road.

&

The new extension from Lake Park,

Iowa, to Watertown, Dakota, a distance of 100 miles, will be
completed by next October. The track on the first twenty-five
miles of road is already laid, and tracklaving has also been
commenced at Pipestone. Two-thirds of "the grading of the
entu-e line is now completed; Work on the Clinton Branch,
from Clinton, Iowa, to Elmira, is also progressing finely, and
taracklaying commenced.
Tliis extension will afford the
Burhngton a more direct line from Chicago to Minneapolis
than it has at present by way of Burlington, and will bring
much additional business to the Burlington & Cedar Rapids
road. Another new branch from Dows, Wright County. Iowa
Jws been completed north to Garner, and it is probable that
this branch may be extended still further north this
season.
On the new branch from Postville, Iowa, to Decorah, trackaying is also progressing, and the work will soon be completed.
Altogether the Burlington Cedar Rapids & Northern
expects to complete 370 miles of new road this season.

1?84.

1S93.

$537,724
267,515

$.'.47,034

Operating expenses

Net earnings

$270,203

$i55.320

Gi-oss earnings

291,763

Flint & Pere Marquette.- The Flint & Pere Marquette RaUroad Company reports for the six months ending June 30
:

1884.

Gross earnings
Net earnings
Interest accouut
.Surplus for dividend

$1,21.'-,440

18'<3,

$l,2-i7,749

431,994
1G0,S13
274,181
214,562
The dividend of 33^ per cent on the preferred capital of
$6,-500,000, paid July 15, amounted to $-337,500, and was therefore partly made uj) out of previous earnings.

383,537

16'<,y75

Long Inland. —The following comparisons of gross earnings
Long Island RR. for nine months, Oct. 1 to June 80, of the
fiscal years 1881, 1883, 1883 and 1884, was issued from the company's office this week
of

AtronsT

THE CHRONICLR

33, 1884.]

1884.

18«3.

1?82.

209

1S81.

Orogron Short Line— Oretroii Railway A Nariratlon Company.—The Union Pacitic'n line tof)regon is rapidly approachMldccllnnoous
160,730
ing completion. The Oregon Short Line now lucks only 2*4
163,973
»<>,(I78
42.01
miles of reaching Huntington, Oregon. The Oregon Kailway
TnfiiN
$1.08(1,818
$1,025,743 $1,424,993 $l,l«4,«i87
& Navigation Company is i)u»hinK its lino eastward to meet
iHHiiliiittiin Klevated.— The Chronicle has obtained an the Oregon .Short Line, and h.-is laid its track
to La Orande,
official rei>ort of tlie oarninj^p and exponsen for tlie qunrtor 2r, miles beyond the Ia.st point reported.
The distance from
ending .June :iO. 1884. It will bo ri'memberi'd tliiit from Jlav I'ortland, Ore., to Huntington is about 410 miles making the
6, 18St, the New York
F",Iovated was operated separatolv,
total distance from Omaha to Portland by this route, 1,827
P«gsep«iT

Friltclit

SItT.'*,"!)!)

$f••.24.•.^7.^

.'i41,;j'.l)

.'537.19.'i

$ti|i9.H.'i2

•i(i'_>.'^(ia

•12.".H2l

and

its earnings are reported separately, but ronibininR the
reports of botli companies, we have the following as the oorrert results for the quarter ending June 80, on all the elevaterl
roads:
OroHS pnrnlnRS
$1,728,741

OperntiiiK cxiienaes

947,2U!»

Not e^miinps
Income from other eotircos

$781,512
20,3 l.i

Tdtiil n«t lecelpta

$S01.827

Int*r38t, reiilulsmid taxes

*368,2;iS

Net income

$133,589

• Tlio report hsts the note that it is made exoliislve
of strncturo and
personal taxes nsscsacil bj tUe city anil UuinK disputed in tlie courts.

Massnchnsetts Central.—The committee of bondholders
report that a careful examination of the railroad ha.s been
made, and, with few exceptions, all the work already done is
in excellent condition; and it is estimated that only |1,.500,000
will be required to complete and equip the road to Northampton, and to pay the interest on the bonds until the road shall
be capable of taking care of the same from its earnings, being
about ll.'i.OOO per mile. It is proposed to issue bonds of $1,000
each for this amount, secured by a first mortgage, and bearing
interest at 6 per cent, and payable in 20 years, the company
reserving the right to redeem the same at any time at 5 per
cent premium. The agreement under which the old bonds
were exchanged for preferred stock provides that the holders
of the latter shall have the right to subscribe for the new
bonds, and this right will now be offered to them.
Nashville Chattanooga & St. Louis.—The gross and net
earnings for July, in 1883 and 1884, have been as follows:
July

.

Gross earning
Operating expenses

Netearnings

and taxes

Interest

.

SnrplHs

New York Chicago &

,

1884.

1883.

$187,475
103,602

$195.4fi8

$78,873

$9(5.706

57,'-'60

55,073

$21,613

$41,633

98,762

Lonis.— The balance sheet of this
company, as rendered to the New York State Commissioners, is
presented below. The figures for June 30 are given in comparison with the previous statement of March 31, 1884.
St.

ASSETS.
Jur.e SO, 1884.

Cost ol road and equipment
Stocks and tionda of other compaHica

Held

Viy

e(|ulpiuent

Dae by aueutaand

bond trustees
others.

$70,6.'>5,56tj

391,932
735,887
354.851
109,045
111,535
34,375
454,470
1,008,937

,

Supplies on baud

Cash on hand
Sundries
Cash with Union Trust Co,
Profit aiid losi

Total

$73,856,598

Jfc7».

31,1831.

$:0,.53»,098
3<i ,932
1

832.987
370.06S
96,5611

109.581
109,375
3,645
8-)9,78S

$73,313,034

LIABILITIES.

Capital stock,

J«nc30. 1834.

common

$28,000,000
22,000.000
13.703,000

Caplt.il stock, preferred

Funded debt
EquiimitMit Ijonda

Loans and

payable
uuf imrl. debt due

liiils

on find, &
Due for wages, supplies,
Simdries
hit.

&c

& acoraed

Total

iTt/i.

31,1881.

$2-',0i)O,OO:)
22,()Or>.(IOf)

15,7O3.0Of)

4.00(1,000

4.000.000

3.027.043
6 1 8,590
487.411
20,554

2,(iU9.7H8

$73„856,398

$73,313^034

447.370
468.321
24,543

New York Lake

Erie & Western.—The Erie directors held
an adjourned meeting on Thursday, and Mr. John King, Jr.,
formerly of the Baltimore & Ohio, was elected as assistant to
President Jewett. At the next annual election he will be
be elected President in place of H. J. Jewett. In case Mr.
Jewett retires before that date Mr. King will succeed him
immediately. Mr. King started in comiiany with Mr. Westlake, of the English Stockholders' Committee, on a tour over
the entire road. The principal condition imposed by Mr. King
assuming the active control of the road is that the floating
debt, amounting to about ^4,000,000, shall be paid off. This, it

m

understood, will be done, if possible, by the sale of $5,000,000
of Chicago & Atlantic second mortgage bonds held in the Erie

IS

treasury.
—In regard to the raising of money on its securities Dow
Jones' News Letter, August 22, says: "It is stated that the foreign holders of Erie, who have evinced a disposition to advance
money to pay off the$4,.500,000of the company's floating debt,
had expressed a willingness to take a collateral trust bond to
that amount, secured by Chicago
Atlantic bonds in the company's treasury. It is not clear that the Erie Co. has any other
collateral whicli could be placed on such a bond.
Of this
5,()(X),000 of Chicago
Atlantic bonds it is understood that
about $1,7.50.000 are already hypothecated, leaving a trifle
over $3,000,000 available for such purpose. Under these circumstances it would appear that the foreign holders would
have to take up the loan on the $1,750,000 of the bonds before
the $5,000,000 would be available as collateral."

&

&

&

from Chicago to Portland 2,.S10— which is about the
from Chicago to the same point via St. Paul and the
Northern Pacilic. The new route will probably be open for
through business in the early fall.
Oregon Trans-Continental,- The New York tfail and
Erpresn reports: " A broker acquainted with the affairs of the
Oregon Trans-CJontinentsd states that its assets consist of 145,01)0 shares of Oregon Navigation, 105,000 sh.ares of
Northern
Pacific preferred
and 105,000 shares of Northern Pacific
common. The parties who advanced the $8,000,000 loan
early this year have an option, expiring Dec. 11 next,
to' take 45,000 shares of Oregon Navigation at par,
45,000
sliares of Northern Pacific preferred at .50 and 45,000 Northern
Pacific common at 25. Sliould the option be taken the company will have to meet liabilities, 100,000 shares of Oregon
Navigation and 00,000 shares each of Northern Pacific preferred and common. The liabilities, including the $8,000,000
loan,_ amount to $11,200,000. The option would produce
$7,875,000 and the value of the remaining securities at present
quotations would be $12,880,000. With that sum the company
would have sufficient to pay off its indebtedness and have a
surplus of something like 25 percent on the $40,000,000 of
Oregon Trans-Continental stock. Of course this estimate takes
no note of the appreciation insiders expect to see in the securities held by the company.
It is reported on the Street to-day
(Aug. 16) that the holders of the $8,000,00') loan are now. and
have been for some time, exercising their option by calling
Northern Pacific preferred at 50 in such lots as suit them.
There is apparently no desire on the part of the directors of
Oregon Trans-Continental to push the dispute of the company
into the law courts, for President Elijah Smith notified them
to-day that unle-ss suit was begun he should resign.
miles,

distiinco

Philadelphia & Reading— South Pennsylvania— Baltiis stated that three-quarters of the grading
has been completed on the new Baltimore & Ohio line to connect with the Philadelphia & Reading lines for New York.
It is now confidently predicted that the line will be in running order by next summer.
Subscribers to the $15,000,000 stock of the South Pennsylvania Railroad paid a further instalment of 10 per cent this
week, and thereby added $750,000 to the cash in the treasury of
the company. In regard to this line it is said work is progressing on Soutli Pennsylvania rapidly. The tunnels are all
under contract, bridges are being built and the road is being
pushed to completion with more energy than is generally
understood by the public. Tlie road, as the rival of Pennsylvania and a feeder to Reading, will become one of the most
important lines in the State.
It is expected to be in working
order by June 1, 1880.
This road is well understood to be
pushed forward by Mr. W. H. Vanderbilt as the principal
owner, and the following particulars are from a sketch publislied some time since in the Philadelphia Public Ledger.
'The 8outh Pennsylvania road will use the Pittsburg McKeesport &
^oiigbiogheiiy RdiUoad eastward f i-orii Pittsburg to a point near McKeesport. where It will diverge c istward. crossing a -ummit at the
headwaters of "tlio Crooked run" and the Sewicldy creek. It then de-

more & Ohio.— It

scends a branch of the Sewickly, crosses the .Southwest Pennsylvania
K iilroad (an important branch of the Penn-sylvauia Railroad, reaching
to the coke regions) and ascends Wilson's run to suinmit, near the
"Old
Clmrchei." about fourmiles north of Mount Pleasant .* * • The line
descends to Ligonier Valley * • * The ascent of the Laurel Hill mountain, the hlahest in the State (being in the neighl>orhood of 3.000 feet
above tide). The line climbs at the enrrmous grade of 10>-6 feet per
mile, piercing the crest of the mountain with a tunnel 5,700 feet in
*
*
len-.'th.
'The head waters of Stoney creek are crossed, and a
tunnelentorsthesummitof the Alleshenies S.OOOfeet In length. - • •
The descent of the eastern slope of the Alleglienioslsin.adeat a gr.ide of
9.) Hot per mile, agreeing with that used by the Pennsylvania Kailroad
111 cle.HCendiiig the AllCL'lienies and covering a like distance.
At the foot
of the mountain the village of New Baltimore is reached.
" From New Baltimore the line runs to Bedford and thence to Everett,
After leaving Everett there ire about 4ia miles of tunneling distributed
between Ave separate tunnels The report continues
'• The
astonishing fact is presented on an examination of the distances
of the new lino that by it Pittsburg will b>' brought 27 mile« nearer
1 liil»d(lpIiiH
than it now is, thus reducing the time now made forty
minutes. The ditlerenee between the.ae points is made up thus
•• By
Pennsylvania Railroad— Pittsburg to Philiulelphia. 354 miles,
"By. South Pennsylvania Railroad--Pittsburg to Rarrisburg. 215
miles; Harrislturg to Reading. 51 miles; Reading to PhlliUlelnhla, 53
:

:

mile.s— 327 miles. DilTeronce, 27 miles.
" I he difference in favor of the South Pennsylvania Railroad from
Pittsburg to New York Is 49 miles, reducing the time now made between
one and a quarter and one and a half houra. These distances are thus
maile up:
"By Pennsylvania Railroad. Pltt'>bnrg to New York. 445 miles.
"By Sonth Pennsylvania Railroad, Pittsburg to Harrlsburg, 215 mlleS
Harrisburg to Reading, 54 miles: Reading t" AUentown, 36 miles;
Allentown to Easton, 16 miles; Eastou to Kew York. 75 miles— 396.
miles. Difference. 49 miles.
"While recognizing this differen'-e In distance in favor of the new line,
we must not overlook the dlirerenco in gradients, which is against it.
We liud the maximiun grade employed bv the Pennsylvania Railroad
between Pittal)urg and the summit of the Allegheny .Mountain, a distance of about 105 miles. Is 52-8 feet per mile. undulating. The heaviest
grade on the Pennsylvania Railroad is from Altoona to summit of
.Vlligheny at Gallitzcn. a descending grade eastward, of 93 foot per
' • From (;arll8le the new line runs sonth of the Pennsylvania's
nille,
main fllne to Harrisburg, Theueo the route w^lll be via the "l.elmnon
Valley branch of the Reading Railroad to Reading and over the East
PoiiiiRylvanIa Railroad to Allentown. Thence to New York City via the
Central Raili-oad of New Jersey, over the Lehigh Jc Susquehanna division to Easton and the main line to Jersey City."

THE CHRONICLE.

210

[Vol.

XXXIX.

are the following, which it is proposed to turn over to the St.
St.JoImsl)nrT&LakeChnniplain.— At the annual meeting; in Louis Iron Mountain & Southern Railway Company in part
chosen,
was
directors
of
board
a
St. Johnsbury, Vt., last week,
m the C. n- settlement:
a niajoritv of tlie members of which are interested
$l,ono.noo
directors hold a fJencral niortirace boiid.,^
necticut River Railroad Company. The new
1,342.000
Huuieston A- SliHuandoali St iiioriKai;,?
40(>.OOi>
road.
of
IB.U
in
the
cent
contioUing interest
Walia.ib K Co. luorijiiiire 7 per
1 il.dOO
divisiiiii
nioiti'MKe
Detroit
disp.atch from
Maiiitolia.-A
&
llii.O'JO
Minneapolis
i'nius.
Co
Valley
LiiuisA .Mississippi
St Panl
ending 1, GO sliaresdt.
1

Chicago gives the following statement for

tlie

yew

.*J, 057.000
" In the agreement of foreclosure it is proposed to provide
Grofs enrnliiKS
<? 734 700
that the new stock, viz.
OpcratlLgexptnses
$1,522,108 Second preferred stock about
$23,009,000
Kot
27,00,1,000
retired Com ouprefericd stock about
$400,000 of the company's 7 per cent bonds were
shall be offered to the holders of preferred and common stock
during the year.
at not exceeding eight dollars per share, the subscriliers also
Toledo Cincinnati & St. Lonis-Lake Erie & Western.— receiving for the money subscribed first ])referred stock
<K
trie
Lake
Toledo report states that a director of the
entitled to six per cent dividends after payment of interest on
Western says that the Quiglev interest has secured entire con- the debenture bonds. In round numbers this will produce the
Company
Railroad
St. Louis
trol of the Toledo Cincinnati
in cash, and the purchasing agents will then
sum of
Western and control ,i;4,000.000
in the interest of the Nickel Plate, Lake Erie &
the debenture bonds and this sum to provide for the
about
furnish
are
to
Boston parties
I^ke Shore roads.
claims before specified.
" These claims it is proposed to settle as follows:
$1,000,000 to make the road a standard gauge from Frankfort,
Quigley
Mr.
Louis.
St.
Road
to
Western
on the Lake Erie
1. Exclian.co deb. mort. bonds for pen. inort. bi^nds at par.. $17,000,000
of
the
majority
roads.
last-named
(This will include the *I,0(J0.00O now in the c.iUaterul trust, lo be
is being backed by the
Mountain A S. li. Co.)
Toledo Cincinnati & St. Louis bonds have already been de- turned over to the St. Lonis Iron
2. Settle the claims of the St. L. I. Mountain it .S. K. Co !ts follows:
posited with the Metropolitan Trust Company of New York, 'luru over bonds, etc.. released by foreclosure of Ih; collatunder the Quigley re-organization plan. This gives these roads
$3,' 57,000
eral trust as licfoic stated
2,272.000
And debenture bonds for balance
a direct line into St. Louis from Sandusky.

^---'^''^^-

...,,.. -,«.S6.

.

'

1

A

&

&

A

" Thus arranging for the entire amount of collateral trust
bonds held by that company, as follows

Wahasli St. Lonis & Pacific— Tlie receivers give notice
that the coupons which matured July 1 on Nortli Missouri
first mortgage bonds, Chicago Division first mortgage bonds
Omaha first mortgage bonds
and St. Louis Council Blulfs
will be paid on presentation to the National Bank of Com-

:

.-Vniounf
.\u;(.uut

&

1,310,OJUhehl as collateral
$1,000,000 collateral tiust bonds Kuaianteed
by paMni-nt of ainomii. in cash
4. Fiiy i-eeelvcrs' and cu lorsed notes in cash
(Thus relcHSlutr $ 1,(00,000 coU.iteral trust boud.a.)
1 ay individual holders of $071,000 col. trust bonds:
One- ha If In cash
one-half in dcbcuturo bonds

For general inoitpitro bonds issued
For (jeueral mortgage bonds I. Mountain U^iilw»y Co
For bal. cllateral trust lioinls I. Mom. tain Kaihvay Co.
For collateral tvuet bonds held by individuiila

&

&

securities:
1. Udieiiiiirc in( rtg;ipe
ci>t u|Miii iiiciiiiie ai]<t
SI.

Uonao, interest

(5

ctiuiululiv.^

liiit

« jur leut, about
Sftoiid jifefened Mtock, abuut

2. FiiKt

1

leleii

eil

4. Coiniiioii stuck,

6i0()<

iil>ijiic

per cent, depend$20,00i"',O0O
4,u( O.tiOO
23, ci O.OiMi
27, DOC 'lOO

Leaving a balance for other purposes

Gfiiornl iiioit^'.nBc huiids i-6ued
$1(>,000 000
C»llai<r»l tiiiNt iiii>rij;:igu liondn issued
D,G7l'oOO
or wliK-li ijit.uuO.OOO fc'iiurautteil at (Uu per tcui) say

$33,i.."<00

3i5,50J

Jlfl.OO'^.OOO
•''"
' "
1.0.
0,000

V,272,0H0
33.";,5tiO

$19,G07,.:0J
3v,2.iuO

of.

,000

$20,0,

The cash required

will be as follows:

SiO^-OflO

To pay for $1,000,000 gu ,r. collateral trust mtRe. lion.ls.
To pay receivers' a:(l coiuiiany notes iruar. or endorsed..
To pay indlvirtnal holders of collateral trust boniLi cue
half of amount of $o71,0,-0
Total

ca.sli

requirements

2,3>3,6llG

33,^,000
.f3,<>l

9.166

"Which would

I

he provided in the cash subscription of tlie
stockholders, and leave a balance of ^380,8o:i.
jiroposed foreclosure and
•' A succeb.sf 111 conclusion to this
reorganization would relieve the new company of the fuliowiiig

amount

of fixed interest-be.aring claims, viz:

G<-neralinoit!.'aKe bonds, 6 per cent
CollMtcral trust, li per cent
Floatii g debt, secured, U per ecu:

$li;,iioo,000
ri,«71,ooO
3.^83,iiCi;
S:.5, 154,066

tut.
Int.
lut.

\00O
3iu2G=

$'.i(!

200.0H>

fl.iOJ.S-*

" The calculations of the committee, as to the necessary concessions, have been based upon the earning capacity of the
lines controlled by the company during the two years 18S-3
and 1883, and although it is mure than probable that in thenear future much better results will be shown, it is safer tofound our exjiectations on the minimum capacity of the
property, rather than on hopes and anticipations.

"The' earnings- and expenses of the two years have been as
follows:

"The second preferred and common stock, stated here in Gross earuinsrs
round numbers, should be issued to correspond with the Operatiuy expenses
amount of old stock.
Net eaniinss
" In order to show the proposed distribution of the new Interest, rentals and
securities as above specified, the following statement of the
debt to be provided for is presented:

$100,003
2,:J«3,li«t>-

" The debenture mortgage bonds required in the foregoing
settlement would be as follows:

Eel River Division, the Indianapolis Division,
Tlie Detroit
the Iowa Division, the Havana Division, the Cairo Division,

&

!?j.32,5,0CO

,''•.

:

&

$100no30

i>0

a. Settle for

merce in New York on and after Aug. 25.
The directors' plan of reorganization, referred to in the
" By order
Chronicle last week, contains the following
of the Court, the receivers appointed June 1 have undertaken payment of interest on all the mortgages upon
the original main lines of the consolidated companies,
except tlie general and collateral trust mortgages, and
the following mortgages on leased and acquired lines, viz.
Western Railway, the Quincy Missouri
the Toledo Peoria
Albia Railway,
Pacific Railway, the Centreville Moravia
the Havana Rantoul & Eastern Railway.
" Aesuming interest payment on all the mortgages included
in the order of Court, it seems only necessary at tlie jiresent
time to deal with those which will remain in default. In
regard to the leased and acquired lines not included in tlie
order of tlie Court, it is evidently impracticable to form any
plans or to make any definite propositions until .a re-organization of the company has been aecomplis-hed. It is proposed,
tliere!'oie, to leave the a<ljustment of these claims to the new
corporation, which the report of the committee contemplates.
If tlie measures suggested can be carried into effect, tlie new
company can treat; witli these various interests witli a reasonable certainty of being able to carry out tlie obligations then
assumed. Meanwhile, if the receiver, who have been ordered
to keep separate accounts by the court, can make satisfactory
arrangements with the holders of these securities, by appropriating to each line the net earnings thereof, the interests of
the latter would be fairly protected until a new company may
» " »
*
be in a position to negoiiate with them."
"The new company, upon its acquisition of the property,
subject to the liens prior to the general and collateral trust
mortgages, will issue in satisfaction thereof the following

purchased at

1^.S3.
$!n,;>i.-,,i:o-

13, J.

$3

026

..-^4,101

5,621,897

ta.xcs

$.iS3,022

Deficit.

$.',037,703^

»

"The

general mortgage covers, as a junior mortgage, all the
In a foreclosure designed tolines belonging to the company.
ifs'OO.tiCO.
exclude creditors secured by the collateral trust mortgage and
Recehi is' and Coiiiimiiy'H nolen cii.Tranteed and endorsed.
2,383 6C6 to extinguish the stock, the general mortgage bondholder*
JSt. Louis Iiou Moinilaiii & B. li. Co., advuuoo as lessee
would encounter the hostile opposition of the stockholders and
rrenuMl liy ii-l 3-!',(i00.
C» lluu rut ti u.-t uioi t)!a>;e bonds
htiz.ird the possession of a largo portion of the rolling stock, as1 ,i(io,O0O
well as the control of terminal facilities. The struggle, whick
$25,154,Gl>ti
woiild be the inevitable result, would not oiih' be prolonged
" The collateral trust mortgage bonds are held as follows:
and expensive, but might le.ad to default on imiiortant senior
ByllieSt Louis Iron Mouutslu & S. R. Co., purcbufed at
mortgages, and threaten the value of the general mortgage
SiOpeieeiit for advances uudcr ilie lease
4,000.000 bond-; with a great and permanent depreciation," *
"^
By the H. L. * r. Jl. Co. as eoll.iteialfoi- *l,100.iic6
i,3-.n.o..o
" The hoUhrs of collateral trust mortgage bonds, and the
My lndivld«;.l»
671,000
Hy (iiiliviiluals cuariinteo at '.Ki per eiiit.. '..'.'..'.'.'.'.'..'.
endorsers ami guarantors of notes secur- d by them, aie asked.
l,tOO,i;00
By ibe .Mereaiuilr! Trust Co. to secure ouduieois and kiui
surrender aljout SjO, 4011,000 of tlie bonds in e.xeliiiiige, partly,
anti-r- ol noil s as above
no 000 to
By I leUjied as collateial for eudoioed notes.'..!!.'..!..]!'.'.".! 2 'iriiMiOO
for bonds held in the collateral trust, wliile the eiidorsi'd I'.apei"
and secured claims, amounting to about $3,600,000, are to be
'^"^'^^
$10,00(i,0iKi
paid in cash.''
"Foreclosure of tlie collateral trust mortgage will release the
Wliecliiig & Lake Erie. Judge Matthews li.aa granted
securities controlled by thiit mortgage, and render them avjiilto the receiver to issue certititaito-s to incivase the peraWe ill settlement of the claims specified in tlie foregoing list power
facilities ;it Huron, and to e.xtend the side tracksmanent
80 far as the interests of the nt-w company may admit of sucli
where neces.sary: also to jiurchase dutnix;;ir3 for the coal and
an appropriation of the securities. Among" these securities
iron business.
'

••

1

—

re
Ai.H >T

83.

ISM

THE CHRONICLE

I

COTTON.

'^hc U'ommcvcial '^imcs.

Friday, P. M., August 2>, 18S4.
as indicated by our telegrams
from the South tonight, is given Itelow. For the week endintc
this evening (August 22), the total receipts have reached 2,H0.5
bales, against 2,H!)h bales last week, 2,203 bales the previous
week and 4,283 bales three weeks since. The details of the
receipts for each day of this week (as per telejjraph) are as

The Movement of the Chop,

"cOMMERciAL EPITOME.
Friday Nioht.

211

Auj?. 22, 18S4.

Progress in tlie oppniiii? of aulumii trade has been made
this week, Imt ths sivi-rely hot weather has iaterft-red to
some exlent. The change from the cold and wet of the previous fortni)5ht has heoii most fav )rable to the crops, except
in limited districts in tli*) Oiiio Valley, whence complaints of

The tinancial situation is (luite easy,
lire received.
position of mercantile aft'airsseems slowly to improve;
but the lem)«fr of business circles is very cautious, m»>rcliant3
iiiufactakinj; no steps t'lat have not been well considered.
tures continue depressed, and farm products are very low;
and thtae (?ivat interests, tliemselves depressed,, have a, dispiriting influence upon each other.
The speculation in lard futures was quite active early in the
week, and prices advanced rapidly on account of drought in
the Oliio Valley, which tlireaten d serious injury to the j^rovving corn crop; but yesterday there was a sliarp re-action

follows.

Hectipltat—

lion.

Bal.

TuM.

Wed.

Thuri.

fri.

Total.

drouRht

and the

M

wis dull: T'Stc.
for September, ISOc. f'lr October, "•75c. for November and
S,)Ot lard was scarce and also dearer,
7"ilc. for Dijcember.
.selling at 8c. for prime City and y'Mo. for prime Western, but
the Close is at 7'85c. for prime City, and *(f8'05o. for prime
towards lower

Western.

Bacon

is

fiiTUres,

and to-day the

bams

and

quiet: pickled bellies ^'^^@10^^c.,
India luets beef is quoted at !j2i@-^'34
.shoulders 73^@T^gC.
per tierce. B;?ef hams are lower at §20 50 per bbl. Tallow in
brisk demand and advanced to C/gC, but closes at CJ^c
Stearine is unsettled. D.uiy products have' been depressed >>y
the hot weather, creamery butter closing at 17i^(a33}^o. and
State factory cheese at (J@10c. Eggs are easier at 17(<il0c. for
Western and ^?tate.
The following is a comparative suiumary of aggregate exports from November 1 to August 10:
12-'4(i613c.

28>,tb.',078

34-.i.i.iS^,':2'J

lara.lbs

176.9t.3B70

2i!-,(i9i,.-)03

49-2,0J8,74S

C09.1!o9,730Dtell7,-.70.9«2

Total

11)8

38.429.1)00 Dec.

7,.543.200

Doc 3B.8t)y,Ul
Due. 52,7J8,«3S

Rio coffee has advanced to lO.i^c. for fair old cargoes, though
to-day 10c. was tlie best bid, and trade after being faiily active
*aily in the week had become dull; new Kij was quoted
nominally at 10'4@10^^c. for fair cargoes options liave been
dull of late, though prices show some advance for the week
owing to the tirmiiess of tlie foteisin markets September sold
tc-day at S-4.')-.. O-tobtr atSoOc. Noveml)erat S'oOc, Deee .Tiber
At 8'r)5c. and JIarch at 8*C3c. ; mild grades have been fairly active
and steady. I'ta has been duil and nominal. Foreign drie.l
lemons have sold
fruits have b-ea dull and rather weak
Rice lias been moderately
fairly, however, .at firm prices.
active, but owing to thi' sinallness of the supply, quite stea ly.
Molasses has been <lull and nominal. Raw sugar has been
quiet and eatier at 4 13-lGc. for fair lefining and 5;'sC. for 90
deg. test centrifuual fair sold to-day at 4'COo. for September
and 4S'2i.2C. for Ociol)er refined has latterly been weaker
" 6c.
.granulated, CJ^30 9-lOc.; crushed, 7c.; Standard "
Thr- fjecul.iiion in Western tobacco was trifling uulii toNo. 1
daj', when the sites increased and prices advanced.
lUKS 8f)ld at 7-'ij'?. for September. 7Js@7 11-lGe. for Oclober and
On the spot there has been a
7;'ij@7 71t5c. tor D-ceinber.
nioderale business at steady prices; common to good lugs 7J?^
@8?3C. and the same grades of leaf 8)^(uI0c. In seed It-af
tobacco the transactions have continued on a very small scale,
and prices have been to a great extent nominal; the sales have
embraced 220 cases 18S1 crop, Pennsylvania. G@10c., LIO cases
;

112

22

168

16:

-••

....

• ••.

.>*•

• .•.

210

IS
6

io;»

03

2

28

1

8

112
59

27

15

114

15

7
....

16

Florlrta

....

4arannah
Bruusw'k, 4o.
CUarleatOD
Pt. Boyal, Ac.
WUiulntcton

Moroh'dC.,&c

206
•

....

....

....

2

2

74

3

---.

....

..->

....

....

..a.

4

30

10

....

.>•

....

..—

>•••

....

....

13

223

52

6

York

SO

40

367

221
33

2L'l

....

....

....

....

2

40

1U4

41

....

30

39
250
87
30

903

2 3S5

87

B.-Utluiore

Ptilladelp'a, Ao.

....

Totals tills weei

300

294

383

573

»>.

33

WeatPolnt.dkc
9»vr

7

203

118

STorfoIk

774
210
332
00

7

25
• ••
7

...

311

For comparison, we give the following table showing the week'

and the stock to-night, and the same items for
the corresponding periods of last year.
total receipts

1883-84

1882-33.
Thit
Week.

.Since .Sep.

August 22

1,1883.

Week.

774
210
332
90

"ralveflton

tndlauola.&c.
Sew Orleans...
Mobile
Florida

iavannah

atoeK.

Since Sep.
1, 1882.

1884.

6.52?

1883.

1.693

11,530

19.155
2,229

49.31«
3,449

5S0
1.809

165

.

7

7

203

l,2t4

401

3.045

20B

117
20
77

8J5

2.353

710

1,?93

1,064

14,825

Bruudw'k, Ac
(JJharleaton

;

;

170

.Vloblle

18S2-83.

Tork. lbs
Bacon, lbs

I2U

Indlanola, Ac.
Sew Orleans...

clo.ie

Pork advanced to §19 for mess, but cloae.^ nominal.
Cutmeats close
quoted at lO?^c. for long-clear.

18S3-84.
30,-8 >.»00

OalvestoD

Pt. Royal, Ac.

50

Wilmington....

6rheadC.,&c

30
367
221
38
250
87
30

Noi-rolk

WestPoiut.Ac

.VewYork
Boston
Baltimore
PliUadelp'a.Ao.

Total

48-t
4::

101259 126.576

1

129

C,310

5.830
l.iW, 10.397

8-i9

149

........

2,8fi5'

6,017

6.378

11,30',

144440 231.712

'

:

;

A

;

1882 crop, do., 8i!il2t^c., 2U0 cases "l83S crop. New England,
€(Siye.; liX) cases l'~85 crop, Wisconsin Havana seed, llgJlioc.:
-50 cases 1882 crop,
do., on private terms; also 2'>i) bales
Havana, 8Jc.(u^i!l !'>, and 300 bahs Sumatra §1 25@'J1 CO
In naval stores the trade has been light, as a rule, though
some days 3go there was a fair business in spirits tui-penline
for future delivery latterly the market for that item has
betn nominal at ai;'4'c. on the spit, with aic. bid and 32c.
asked for August and September. Rosin is firmer, especially
tor the better grades, which are in moderate supply; strained
is now qiiotf-d at $1 2^'> on the i-pot and good strained at
^1 2732- The higher grades have advanced, partly owing to
-a rather better e.xport demand.
Wool has been selling more
freely at steadier prices.
Hops have been quiet but steady,
«8peciaily for choice, as it is claimed that the European cmjis
this year will 1-e of |)Oorer quality th.-iii last year.
In me:al8
about the only important feature has been a decline in tin;
Straits has sold at l«'4c. for August, and it has been olfered on
the sj>ot at IS'^JO.;. owing to an increase in the supply here.
An eilort is being made to have the iron furnaces banked up
for a month.
Petroleum has advanced, and today there was
an exciltd ^p(cuIation in ciude cer;ificates, the market closing
at S.")igc.
Rt-tiued has been fairly active at T^gC. f.jr 70 degrees Abel test.
(Jcean freights have iK'en generally quiet, but petroleum
charters have bten rr ore active and r.ites have been generally
steady.
Wheat has been taken for Liverpool by j-tt-aniat
4|4(343^.i.; chteseat 17s. CI. (' 329. (id.: butler and l.utt>riiie
nt 20.g ijs. wheat for London at l^'^'d and flour at Us. 3d.<ii
15s.
Grain to l^jrk for orders by steame at4s. I'^l. September loailinp; refined petroleum iu cases for Bjiubav at
30e crude for Bordeaux at 3s. 4' <d.

In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
Receipt!

at—

1884

1883.

1882.

1881.

C.103
1,%93

0,196

185

51
2,721
2

Ill others....

981
3i2
90
203
2C6
fO
583
412

1.175

rot. this w'k.

2,365

ll,3o5

Salvest'n.&o.
Sew Orleans.

Mobile

Savannah
Oharl'efn.&c
ffUm'gt'n.Ac
Sorfolk, Ao.

62.'

18?0.

we

1S59.

7.5S1
10.909
2.109

5,153
l,33n
(JO 2

12(>

H

5.804

l.SiO

3,52:

2,070

779

ICC

190

1)0

1,720

677

1.491
4.20a

1,S79
2,5^5

519
94
106
19 i
333

12 3i2

35,078

21,12;

4 875

1.241

137
107
530

0.7

»tno« Sent. 1.

Galveston tnoUides indlauola; Charleston inctludes Port Koyal, Ar..
StoreUeadClty. Ac; Norfolk includes City Point. Ac

Wlliuliiifton Includes

;

;

;

The exports for the week ending tliis evening reach a total
^
of 13,3G() bales, of which U,9()0 were to Greiit Britain,
to France and 1,400 to the rest of the Continent, while the
stocks as made up this evening are now 144,440 bales. Below
are the expoi-ts for the week and since September 1, 1883.
We9k

B

Bnditiii Aho, 2i
Bxporred to—

pTU
Great

fTom—

Brtl'n.

**"'«'

I

fyom

Btpl.

0(int%-

Total

nent.

Week.

1. ISHS. Co J.U(i. »i,

Bxp.>rT>',<

I

OrtM

Conti-

I

I

Britain. **<«"«(

JaWeston

2.11.

.Sew Orlesna.

7S'l

Xoblla

31.781]
Sbt.1

1

sa.,15:

...

IM.,e4R

IS,**!

aharl8st<>b

*..

Ill,»\v

M,4'7

Boston ...
B Itimors

I.SOO

T-otal

3.S

.1.

S78.:b4
4T.«41

.92!

snjiss

s;4,»i'i

lis l»l

tun.M

f.AiAl

no

1)

10)|

1111

UIO

....I

TToeo

M7.71W
ISS.OS-I

4v(,,S-*i

100

Pnliadelp>a,JU;

3

57.M7
8,':04

4T418

.

.

1.HS1

.«orfolk+

Sa» York

S(>S.OMt l,43l,.4'
l,3tjl

riorida
tevannali

WllmlnmoD..

TeVt

M,17D "aiioTsi

4

8.

1^64.

T.,

1,400

4.H41

4

4S5J

I7MT*
irM47

4m,»a<

imo> 8 8i«>..'«8

lUa 50
:.«i;

1

I.t(«H

I

To'»MHg-«al liian
•

t

f.'.ai

I. SIB

incliid»«exportii Irom Port K,»y«l. ,\c.
Inoludw exporu frum Wut Pulnl. 4r.

.Vfi4t8

4T«'*-4

THE CHRONICLE

212

XXXIX.

[Vol.

00

also give
In addition to above exports, our telegrams to-night
clMxed,
us the following amounts of cotton on shipboard, not
for New York,
at the ports named. "We add similar figures
which are prepared for our special use by Messrs. Carey, xale

& Lambert,

o^o

89 Broad Street.

as

a

:

s.

9T,
Jls3

£5

ACQ. 22, AT—

Great

BrUaln.

New Orleans....

2.001

New York

None.
None.
None.
None.
None.
4,500

Other ports

2,500

Mobile

Cnaneston
Galveston
Norfolk

Total 1884

9,001
6,856
8,376

Total 1883
Total 1882

Shipboard, not cleared^/or
Other
France. Foreign

Coast-

None.
None.
None.
None.
None.
None.

None.
None.
225
50
None.
None.
None.
None.

Nsno.
None.
None.
None.
None.
None.
None.
None.

3,2.^.0

500

»

total.

I

3,750

275

13,026

500

300
275

2.152
2,055

9,«i;8

10,700

-J-

(»

00

5

00

IJ

"^

CO®

'^

131,414

1

-j

o <i

-^1

5C".

Mil*_P
2
tSOM^

s=«

85fl

91,
9''r

9',«
»'«
IOI4
lO^s

o

Btr.G'dOrd lOH
Low Midd'g 101a
Str.L'wMld 10",
Middling... lO'e

Good Mid..

n^

Btr.G'dMld 1138
Midd'g Fail 11%
Fair

12'«

lOH

WH

wv

M-J

to

M03

"

CO-r

«»:

9

01
o>

I
1

M^
o

8%

Bli'ifi

93,8

93,

93,8

93l6

93ie

10%

10%

Good Wd.. 11

11

11

Btr.Q'dMid 1114
Htdd'gFalr 11=8

U14

im

11=8
1238

11=8
1238

10

10

10

10

C

1

O

01

1038
10=8

10%

10%

BTAINED.

V %

Low Middling
MlddUnir

Sat.

nioD Taea

Wed

814
8i5i

8I4
814
816,9 -SlBiB

8%

9%

9%

1038

1038

I

9%

it'o

toto

ceo

10%

I

00

X

CO
-1-1
KM

2

«1

«» ts:

1

OOoO CO ^5
0-1
-i-i
U,b.

ccw

2

a®;

I

99

5

tCM

'^

CO

CO

see:

I

ocoo 9909
®o9
#.003 f-i-oi..

I
1

uco

to

CO J 99
a
toto
toto

tou

!^

2
'^
®a-i:

-i-j

«:>:
^^10'-'

I

S'o:

I

a.®:

mm'cM
OoC 990? 00 oO CCqC
mCm
totoCto ticJOio
COM -J oc o 'X
MM >
CO 5
09 5 99 <
toto
toto
tiM
toto

2

I

2

2

«.->:

I

2

OJ

SiH-

I

KjOto

'

tOtCOM

tcioCbi

o>a

CO

2

Mc>Oo =

cc oc COoC
COCoO CO CCCOC CO
M OiOICO
CO*— f to
it-iu

="-

»=

ccCto

M

tC®

00

cow

2
*<

coco
00-1

2
"^

00

<
2

<

2
"^

rf^eo

M-4

:

^'^^

I

8.";

I

iCiilOito.

Ci^

to

OCOi

coto

5"

to©

^

^

CT C"

w

OJCO

"^

CI

09
dd
QOi^

cc

;
a

-jd
©05

"

1= M &p:
— |ft.M
Sill
I

to

.

C-.

^

2

0:

yito

"^

ap:

I

MM'aiM

«

:

-MoiM
coc9
C
01
00 o
cj»

OCIO

CO
dd

A

I

MM*!^

to

M

osiod
""

IJ

00

>.
5^

00

2

-i-j

2

-j-1

to

caCo,

MM

ecn:

I

SI-

M
OoO OOcC

MMQoM

ooe9 9909
99o9 99o9
utcc ot
cii^-ocji Cf :;'Ooi
CJii^.

5

00
da
MtO

00

aco.

to

9|
I

CD

(-•

coo

i^.

:

eoo

cj«

o

M— >. 00
99 ?

2

aio:

I

5? ^ 00
(

OOS9

i^i;lc,(l

li"

M—
99
5
coco

00-0 ooo9
909
,(.Ow ccco^co CO*.Ow

I
1

^a:

1

ccc'c
01

coco
sijo;

«3

rfk

I

-I

i.

-

Ts.to:

Ifl"

O

,f>.

9?
coto

I

a
-I
n

tow

IJ

2

wto

'^

Mm'^OM

COcO COqC
eoc9 ooc9 coo9 COoO
d -1 c -j -j-jo-j
ddcd
d C d ddcd
M QitU W
oac IM
tg:o
OS
—
MM >
cc ^ 99 >
00
? 00 5 99
-.'i

CCl*..
'-'

Til.

Frl.

8i«
813,8
9=8

8i8

OM

OS

x-1

MX

C-4

oos

o
o

MOD
too

»
"^

sr

obx
CJI

^
w 2

«ito:
aiw;
a.O'l
&
— toM OOgO ooo?
COoO Mco39
OCcC MM;OM
CCoO
C
obobOcb
i

w
o
o

2

-1-J

2
^

:

oc t»

-.)

CO

00

I

I

I

-jmOm
C -IX *.

OOQcCob

wto

03S

CO

I

1

o

-S
"ri

»

I*;

"^
:

I

OcO
I

I

I

I

I
I

cC:d

:

c9

C.-ri

I
I

d

MmM
C09
:

I

(0
OS

»

2
"

I

I
I

toOco

I

:

9c9
tpC

CO

Hl3l«

9=8
I

lOH

I1014

SALES OP SPOT AND TRANSIT.
Ex- Con- Spec- Tran- _
rotoJ.
fori, \nimp ul't'n tit.

ob^oOoD
"

OoO 0009 ooo9 CCcO OOoO ccco
touOto tOlOOto tow^ii

I

99c9
*-mC

10

MARKET AND SALES.
The total sales and future deliveries each day during the
week are indicated in the following statement. For the convenience of the reader we also add a column which shows at a
glance how the market closed on same days.
SPOT UARKBT
0LO8ED.

M
©to

SKI'

I

<

03

I

ei^'

I

<
2

2
"

8)10;

I

t;

a:

99

9='l6

10

813]*
9=8
1014

5

»*:

M^ «mm"^
(**:

C»

"8%"

1038
1038
10=8
10=8
10=8
10=8
10.3,, 101316 1013, 1013,8 1013,B 1013i6
11
11
11
11
III4
III4
Ilk III4 III4 III4
ll-a
lHa Ilia lllfj Ilia Ilia
ll'e
U's ll'a ll'^S ill's ll's
12=8
12=8
12=8 '12=8
12=8
12=8
103b
10=8

<

lOtO

so;

I

99
toto
I

12% 12% 12%
Frl. W^ed TI>. Frl.

8%

1038
109 16

Good Ordinary
Btrlot Good Ordinary...

12

8%

loie
1038
1U9,«

1238

12%

12

8%

10%

Pilr

12%

12

Til.

a%

10%

12%

1138
11=8

8%

9%

Middling...

12

-joc:'

M IM

tS-

CdCCCto

O OCoC 99S9
totoOro lOtoOeo
toto
o li>*. M

I

8 78
«",«
9»18
lOig
1018
lOia
lOia
101a
10% 111% 10%
10I5i, 1015,8 10:aie

Wed

9%

G'd Ord 101«
Low Midd'g 1038
Btr.L'wMid 109,,

12

f

a: 10

occo

Mm
£5 ^ 99 ? 99 ^
< 99
tOlO
tOM 2 toM 2

»»,fi

1138
11=8

-^iatC<i

OO'to"'

If.

B''n

im im

2

wOwto tiwOw
w 01
to
01 yi

loie

113R
11»S

<

MM
99
cJto
I

inon Tnes

8I9

81a

Btr.

12

»PE
Oo

OOo? coo9 '-"-'ci
0059
C -1
99
0. a

MMqM
oogo 00-0

I

llifl

10

99
wto

<
cjCo
2
CCOm^

TEXAS.

Frt.

81a
8iBie

8l5i

8 '8

S-'r

9=16
9^16
1018
1018
lOia
lOifl
10% 11.% 10%
1015i« 1016l« I0l5ie
11 18
Illg
Ilifl
1138
1188
1198
11=8
11»8
11=8

1013
1011,6 10",
ICs
ID'S
Ills
Ilifl
1138
1138
11=%
121a
121a

Wed Tb.
Ordin'y.«l)
Strict Ord..
Good Ord..

8'«
9b, 6

<

OS

CXm"'

00

—

1018
IOI3

i.

^w MMCM
MMtoH'
o 0000 co = o 0009

to

bales
Of the above,
transit.
for speculation and
were to arrive. The foUowmg are the official quotations for
each day of the past week.

Sat.

KD

a.

KIO

CO

tf.(X

MM
99

C:<^

forward delivery for the week are 411,400
For immediate delivery the total sales foot up this week
bales.
9,242 bales, including 2,050 for export, 7,193 for consumption,

it'R

a.

h*mVm

I

total sales for

NEW ORLEANS.
Sat. non Tnes

a
3

S

MM
CO 5 99 >
< 99
obcD
2 CCOD

.j<i

000^ coSo cc 01

224.004
117.913

i

ccco

—m

to

E6

closing at \Q%c.

85b
9116

•

§i

01

CO

Ordln'r.yib
BtrictOrd..
Gtood Ord..

>i

'

ooO
1.064
96.509
11.834

3,000

None.

DPLANU&.
Sat. Illou Toes

oq!

2
«

To-day the market was quiet and unchanged, middling uplands

Aug. IGlc
Aug-usl 22

.

2

351

50
None.
None.
7,750

less

—

Hi

.

£.;

;

c 9)0 2.

530

in cotton for future delivery at tins market
active for the week under review, the
has
advance noted in our last being more than lost. Crop accounts have continued fairly favorable, but advices from
Liverpool and Manchester and the shutting-down of our
own mills do not tend to encourage speculation for the rise.
The market was weak on Saturday, dull on Monday, and on
Tuesday a considerable decline took place. On Wednesday
there was in early dealings a sharp decline, August yielding
15 points, the lowest figure being 27 points below the close on
Friday last; but in the last hour there was a brisk and very
general recovery on the demand to cover contracts, and yesterday prices further recovered, in sympathy with a stronger
Liverpool report, with October showing exceptionally large
dealings: but the close was less buoyant. To-day Liverpool
was dull and weak, and there was a slight decline, with a very
dull speculation. As compared with last Friday, the close
was at a decline of 11@ 16 points. Cotton on the spot was dull
until Wednesday, when a decline of i-^c. caused a brisk business for home consumption, which was continued yesterday.
Special grades are now very difficult to procure, and buyers
generally find that they must put up with "Hobson's choice."

The

si

O
17.154
2,229

2.001

None.
223

oco

None.

^

I

:

WW

Stock.

voile.

05

3)

The speculation
been much

a>

:

to

On

oaEs
a o S,

Salet.

Delir

I

I

t

I

I

I

I

«:

I

I
:

I

I

I

I

I

li

Id
I

I

I

«»:

I

li

:

* Includes sales in Septemlier. 1883, for September, 76,200
September-October, for October, 338,600; September-November, for November,
199,800; September-December, for December, 869.5000; 8eptcmbel>Jauuaiy, tor January. 2,817,900; SoptemberFebinaiy, for February,
3,780,^00; SeiitciuUer-Maicb, for March, 2,309.800; September-April,
Seotemberfor April, 1.999,900; September-May. for May. 2.36'2,200
Juue, for June, 2,183,600 Septouiber-July, for July, 1,?27,'200.
"

;

:

;

Quiet and Arm.

Bat.

Hon
Tuea
Wed

Fli
Inn

.

Stead.v
Eh By at ^8 dec.

Thiurslsuady.
Fri . Steady.
.

Total.l

300
500

mo

376
579
764

400 1,330
650 2,832
100 1,311

1,411

2.050 7,192

will

06,000

9,242 411 4001 4,100

The

dally deliveries given above are actually delivered
previous to that on which they are reported.

The Sales and Prices of Futures

gp" We have Included in the above table, and shall coniloue each
weel to give, the average price of futures each day for each month. It
be found under each day following the abbreviation •' Aver." The

676 34,S00|
],079| 30,7i>o!
8641 611.000!
l.730| 12 1.700!
3,482i '.).•!. 200

are

tiie

day

shown by the follow-

ing comprehensive table. In the statement will be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales.

average for each month for the week is also given at Isottom of table.
Transferable Orders— Saturday, lO'S.Jc: Monday. lO-S.'c.; Tue6d»y»
lO'SOc; Wednesday, 10-65c.; Thursday, 10-75c.; Friday, 1075o.
Short Notices for Augustr-Tucsday, 10-750 Thursday, 10-660.
;

The followdng exchanges have been made during the weeks
•20 pd. to
33 pil. to
-24 pd. to
-13 pd. to
•41 pd. to
•43 pd. to
•10 pd. to

oxch. 400 Mar. for Aug.
Dec. tor M.or.
exch. 400 Jan. for Mai-.
exch. 100 Dec. for Oct.
exch. 100 Dec. for Sept.
exch. 500 Dec. for Sept.
exch. 100 Dec. for Jan.
e.xch. 3 )0

11 pd. to exch. 100 Hept. for Aug.
•28 pd. to exch. 1,500 Oct. for Sept.
•41 pd. to exch. 1011 Deo. for Sept.
•40 pd. to exch. 100 Deo. for Sept.
•02 pd. to exoh. 100 Aug. 8. n. 26Uk
for regular.

A0OU8T

THE CHRONICLE.

as. 1884.1

213

The Visible Suvply of Cotton to-ni^ht, as made up by cable bales leas than at the same period last year. Th« reoeipt* at
and telegraph, ia as follows. The Continental stocks, as well as the same towns have been 3,861 bales /««.» than the same week
last year, and Hin<;o St^pteinljer 1 the re(«ipts at all the towns
tlioae for (ir<>at Britain and the afloat, are this week's returns,
and conseipiently all the Euroi)ean figures are brought down are 735,7(53 bales less than for the same time in 1883-83.
But to make the totaJs the complete
to Thursday evening.
Quotations for Middlino Cotton at Other Markets.—
figures for to-night (Aug. 33), we add the item of exports rrom
in the table below we give the closing quotations of middling
the United States., iuuluamg in it the exiwrts of Friday only,
ootton at Southern and other principal cotton markets for each
18^4.
1883.
18^2.
1881.
day of the past week.
632.0O0
891,000
7-17,000
Bt«flk at Liverpool
balea 779,000
Stock at Loudon

Omit

Total

Britain stock

Stock nt HiiiiiUiirg
Stock lit Hrciiioii..
Stock 111 Anistfiilam
Btoi'kiit

Kottinlam

Stock
Stock
Stock
Stock
Stock
Stook

Antwerp
Huvro

at
lit

MarBClUeg
at Barcelona
at

at Oenon
at Trieste

67,000

SO.IOO

70,300

42,900

846,000
S,400
6^,700
46,000

911,400
3,800
4»,100
29,000

702,300

789,<>00

a,.500

36,«I00

2,800
50,000

12,C00
1,900

32,(i00

900

1,900

8,800
214,000
6,000
89,000
13,000
10,000

8,000
99,000
10,000
63,000
17,000
12,000

420,300

Total Coiitinentia stocks

UuiU>dStaU'8 exports to-day..
Total visible supply

478,000
234,000
25,000
144,410
13,625
6.700

bales

Uttlted States stock
United States interior stocks..
United States exports to-day..

Total American
East Indian, Brwnl,
Liverpool stock

die.

—

Londonstook
Continental stocks
India alloat lor F.urope

Egypt, Brazil, Ac, afloat

lO's

lOSg

10»„

ICBn

Savannah

101,
10<4

10%

10>a
11
lOHi
10»8

101,
101*

lOSg
10»ia

U

10»B
11
lO'g
llOg

Wilmington..
Norfolk
Boston
Baltimore. ..

im

10°g

11%

11

im

Philadelphia.

n»9

11
11»8

336,400

316.000
77,000
47.000
123,619
8,788
2,400

548,000
208,000
98.000
220,891
33,753
3.600

601,765 1,103,717

579,807 1,148.217

301.000
67,000
186,300
161,000
12,000

316,000
70.300
151,300
260,000
12,000

279,000
50,400
122.800
211,000
28,000

lOSg
100,8

33,700
8,700
6,000

930,600 1,126,200
260,000
210,000
47,000
98.000
12,000
25,000
128,619
220,rls)l
8,789
33,753
2,400
3,600

612.000
168,000
43.000
231.712
37,705
8,300

10»B
10»,«
10>«

2.1,000

1,629,065 1,794,917 1,389,407 1,717,447

afloat for Europe...

JW.

to»«

Charieston...

A mertean —

American

Thuri.

Qalveston....
New Orleans.
Mobile

.'),200

Of tile above, the totals of AmerlcaQ und ether descriptions are as follows:
lilverpool stock
ODDtlnental stocks

Tu€t,

1,.500

228,300

28.000
234,712
37,705
8,300

12.000
141,410
13,625
6,700

EBypt.Braz.il.,'i:c..afltforE'r'i>e
Stock in United States ports ..
Stock In U. 8. interior towns..

Hon.

3,900
2,500
191,000

13,600
6,300

290,800

8alw.

130,000

300

Total Enropcan stocks ....1,260,300 1,232,200
211,000
India cotton afloat for Europe. 161,000
25,000
43,000
Anii-in cotfu afloat for Eiir'po

/ugiisU
Memphis..
St.

727,300
691,200
901,765 1,103,717

<fco

Cincinnati
Louisville

^y The Imports into Continental

. .

Week

'•

13

"

.

.

80..

••

27.,

July

3

week have been

10,000 bales.

the movement— that is the receipts
the week and since Sept. 1, the sliipinents for the week, and
" stocks to-night, and tlie same items for the corresponding
riod of 1882-83 is set out in detail in the following statement.

At the Ixterior Towns
r

—

11

10%

10%

10%

104
10%
10%
10%

lO's

10»8

long

11%

11%

1016,g

lO^S

10>9

10"«

11
ll»8
10>9

10%
10%

10%
10%

10%
10%

lO's

lO's
lO's

lOT,
lO^B

lOTg

RtceiifitB

10

10%
10%

ll4
10%
10%

111>8

10%
10%
lOSg
lO's
lOTg

at the PorU.

St'k atlnterioT

1883.

1881.

18^2.

15.621

25.436
81,573
12.395
11,497
11,911

12,584

88.S91 105,926
; 2.403
98,783

13.658
is.saQ

11

9,288
9,588
8,142

tS..

9,150

,

59,530

88.210

80,117

79.509

4,'i55

42,843

74.81

11.024

7.578

35,454

88,'.82

9.208

8.810

64.239

2,800
1.283
?,?63

31,822
2S.278
24.441
21.083

57.886
83.206

2,893
2.S«»

18.535
14.32"

52.016
50.526

6,128

8.288

8..

7,061
9.7C8

15..

6,356

10,305

12.S52

11.185

.

2J.

8,409
1,728
5,642

4.81S
4.811

1

.

1883.

1882.

23.

The above

figures indicate a decrease in the cotton in sight
to-night of 165,853 bales as compared with the same date of
1883, an increase of 339,658 bales as compared with the corresponding date of 1882 and a decrease of 88,383 bales as
compared with 1881

Id
tl

10%
10%

lOSg

10=8
lO'g
lO's

10">fe

lO'g

Tovmi. BM'pt* from PUmt'nt

tndino—

809.600
569. 2J0
579,807 1,148.217

ports this

..

Wednu.

Receipts from the Plantations.—The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are sometimes misleading, as they are made up more largely one year
than another at the expense of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts or
Soutliern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the outports.
RECEIPTS FBOM PLANTATIONS.

163,000
42,800
128,100
210,000
25,000

Total visible supply
1.629,065 1,794.917 1,339.407 1,717.417
7i8d.
eiigd.
6l5,8d.
PriceMid.Upl., Liverpool....
S^sd.

10»i6
10>«

Louis

June 6
Total East India,
Total Americap

fob middliho oottoh oir—

ou>siifa qt;oTATioH8

Vt»k ending
lugutt 32.

6!. 629

I

1884.

1882.

56,109
S0.3(»
45,931
39.647
3T.523
81,941
28.211

1883.

6.433

16,'; 03

2.672

14,410

1.011

20.4S3
8,3'6

804

175

1.872
3,766

7,058

753

1.996

2,780

8.139
4,883
S.6S6

\

1,886

113

955

8321

1,4')0

1,138
1.798

8.026
8.115

389
831

10.111

9375

1.098

,

ie,5f9

4.819
2,655

2,012

5,318

88.130
22,307

1884,

—

The above statement shows 1. That the total receii)t8 from
the plantations since September 1, 1883, were 4,781,336 bales;
in 1883-83 were 6,005,971 bales; in 1881-83 were 4,653,445 bales.
3.

—That, although the receipts at the outports the past week

were 3,865

bales, the actual

movement from

plantations

was

only 1,098 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 9,875 bales and for 1883 they were
10,144 bales.

Amount of Cotton in Sight Aug. 33.—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
snbstantially the' amount of cotton now in sight.

•I

1883-84.

«

1882-83.

1881-82.

1880-81.

|

Receipts at the ports to Aug.22 4,S13,7!I3 5,971 930 1,684,513 5,814,201
Interior stocks on Aug. 22 In
excess of September 1
'31,095
31,041
1,651
*32,557i

M IC 0< W -- to ^
-'^ x'— o'ci'c:
C^
^-

rf-

—

li-

acb'-j'.^'-jVixxbiV'X-r^aa^'^b

IC *. -7

AH"

c:

Tot. receipts from plantat'ns 4,781,236 6,005.971 4,653,445 5,845,8.55
Net overland to August 1
573.700 613,2 IS
4118,229
510,041
Southern oousumpt nto Aug. 1
29li,0C0l 325,000
231,000 !£ 00,000

C "K — M *- QC

h-;

lOx:

»M
O^
^w^

^ v» o w X f

CCCOtO

;

OS
i-*i-^

wa>

05'

om*^m;

Oit-c;i«cn^Mip.ifet9.

•
;
.

Total In sight August 22

MM I?

W^-COCOMCCIO

;

M

COOM'ifcMlOKi
tccaosoi^ooc:

....

5,6o0,936!6,974,219 5,355,674 6,555,899

Deci-oase from September 1.
It will be seen by the auuve that the doorea.se In amount in slgLt
to-night, as oomnared with last year. Is 1,32 J.383 bales, the Increase a«
compared with 1881-8218 293,262 bales, audthe decrease from 1830-81
*

•5 s

f in M c *» *.

Is

901,963 bales.

Weather Reports by Telegraph.—There

has been but
improvement in the weather conditions in Texas during
the week. In some of the nortliern sections tliere have been
gootl rains, but in the State in general the drought continues.
At a few points in other States rain is desired, and in a few
districts of Alabama and Georgia there are complaints of
rust and that bolls are dropping. Otherwise the conditions
have been favorable. Cotton is opening rapidly, and picking
makes good progress.
Gfalveston, Texas. We have had showers on four days of
little

•1 00

cc
D« 10
WWM
3S I- W
'j<

o to to;

c«

c w X en 01 a

Id
Cs
oa
*1

Ot

I

-o-x

toco

»Qu*xiw*iocsxi-'»-c;»*.xc.oa>—M030D

w

tOM

i*^io;

(-•

o

f-*

X *» yi

*jxo Oct. c;cootcoo-

5 *'

—

p

-

to go

^

>:ocov t—X

w to

e

CO <-

"-I

tout

cfl

CO

;

—

OiWcoti
Miutoao4;>o

to

coooi'^j'^^xio

o:^lO•^o:>lo^3<rataJroo4b>-'WtOl(kN>x

^)''iyiac«a>a^»-tooo-QWMoa'Xio

reaching thirty-one hundredths. New
cotton received to date 1,154 bales, against 10,144 bales last
the week, the
year.

\f

This year's flKnres estlniatca.

The above totals show that the old interior stocks Iiave
':reased during the week 1,878 bales, and are to-night 34,080

r.ainfall

The thermometer has averaged

84,

ranging from 77

to 91.

—

Indianola, Texai. We have had insufficient showers on
days of the week, the rainfall reaching forty-four hundredths of an inch. Much damiige has been done by drought.
five

THE CHRONICLE.

2U
Picking

from

is

progressing finely

The thermometer has ranged

77 to 92, averaging 8i.

Palestine, Texas.— One worthless shower during the week,
damthe rainfall reaching six hundredths of an inch. Much
ther
Average
short.
will
be
crop
and
the
done,
been
has
age

mometer

82,

highest 91 and lowest

70.

Texas.—The weather has been warm and dry
Much damage has been done by drought and
all the week.
the crop will be poor. Picking is making good progress. The
thermometer has averaged 84, the highest being 90 and the
HuiilSDille,

lowest

71.

Luting. Texas.— We have had rain on one day af the week,
The rainfall reached
but not enought to do much good.
twenty-five hundredths of an inch. Picking is progressing
The thermometer has averaged 86, ranging from 74 to
finely.
99.

—

Brenham, Texas. It has rained on one day of the week,
but not enough to do much good. The rainfall reached fifteen hundredths of an inch. JIuch damage lias been done and
Picking progresses
it is now too late for rain to do any good.
well. The thermometer has ranged from 71 to 93, averaging
81-

„

—

—

—
—

—We
—

—We
—

aging 78.
Fort Smith, Arkansas. Telegram not received.
Helena, Arkansas. It has rained on one day, and the
remamder of the week has been cloudy and fair. The rainfall
reached fourteen lisndredths of an inch. Rains were local;
nine-tenths of the uistrict needs rain. Crop accounts are less
favorable; the bolls are dropping badly. The thermometer
has averaged 75, ranging from 67 to 90.
Memphis, Tennessee. We have had drizzles on two days
of the week, the rainfall being inappreciable. Rain is needed.

—

—

—

thirty-six hundredths of

an inch.

Average thermometer

80,

highest 89 and lowest 70.
Augusta, Georgia. With the exception of one very light
shower the weather has been warm and dry all the week.

—

reached six hundredths of an inch. Accounts
has appeared in sandy lands and much damage
The
is feared, but with this exception crops are doing well.
thermometer has averaged 78, ranging from 65 to 93.
Atlanta, Georgia. We have had rain on two days of the
week, the rainfall reaching six hundredths of an inch. The
thermometer has averaged 76-7, ranging from 62 to 90.
Charleston, South Carolina. It has rained on two days of
the week, the rainfall reaching three hundredths of an inch.
The tliermometer has ranged from 68 to 88, averaging 78.
Coliimhia. South Carolina. Telegram not received.
The following statement we have also received by telegraph,

The

rainfall
conflict; rust

—

•

—

—

showing the height of the rivers at the points named
August 21, 1884, and August 23, 1883.
Aug. 21.

—

—

ing has commenced. The thermometer has averaged 76, ranging from Qi% to 89.
Coluvihus, tfeorgia. Three bales of new cotton were
received this week. It is claimed that rust is developing badljon light lands. The thermometer has averaged 81.
Satanna/i, Georgia. We have had rain on two days, and
the rest of the week has been pleasant. The rainfall reached

-84.

at 3 o'clock

Aug. 23. '53,

.

Belton, Texas.— No rain all the week. Crops are suflermg
dreadfully and nearly past redemption. Bolls are dropping
badly. Good progt-ess is being made with picking. Average
thermometer 83, highest 97 and lowest 64.
Weatherford, Texas. The terrible drought still continues,
and much damage has been done. Bolls are dropping ba<.lly.
The thermometer has averaged 85, the highest 97 and the
lowest 63.
Dallas, Texas. ^We have had no rain all the week, and generally are needing it badly, tliough some sections have had
Picking is making good
good rains and are doing well.
progress. The thermometer has averaged 86, ranging from
77 to 99.
Columbta, Texas There has been one light shower during
the week, with a rainfall of eight hundredths of an inch. Crops
are fine except sugar-cane, which needs rain. Picking progresses
The thermometer has ranged from 61 to 93, averagfinely.
ing 81.
Jfew Orleans, Louisiana.— It has rained on three days of
the week, the rainfall reaching forty-nine hundredths of an
inch. The thermometer has averaged 81.
Shrereport, Loiiisiana. Telegram not received.
Vioksburg, Mississippi. The early ])art of the week was
clear and pleasant, but during the latter portion we have had
delightful showers on four days, extending over a wide surThe rainfall reached one inch and twenty-six hunface.
dredths. The thermometer has ranged from 69 to 93.
have had no rain all the week.
Meridian, Mississippi.
The drought continues, and it is claimed tliat much damage
has been done. Crop accounts are less favorable. The thermometer has ranged from 70 to 89.
Greenville, Mississippi. It has been showery on two days
of the week. The thermometer has averaged 88, the highest
being 97 and the lowest 71.
Columbus, Mississippi.
have had no rain all the week.
The thermometer has averaged 78, ranging from 64 to 94.
Little Hook, Arkansas.
It has been cloudy on three days
and fair on two days, with rain, the rainfall reaching two
inches and twenty-nine hundredths. The weather is now clear
and warm. The thermometer has ranged from 67 to 92, aver-

—

XXXIX.

(Vol.

Feet.

Below hi^h-water mark
Above low-water mark.
Above low-water mark.
Above low-water mark.
Above low-water mark.

Ifpw Orleans
ilemphis
Nashville
aiireveport

ViokBhure

Feet.

Itif.h.

10
7
1

o
13

7

9

1

4
5
10
11

10

1

7
6

•.i

7
19

2

New

Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to highwater mark of April 15 and 16, 1874, wliich is 6-lOths of a foot
above 1871, or 16 feet above low-water mark at that point.

India Cotton

Movement from all Ports.

— We

have

re-arranged our India service so as to make our reports more
had found
detailed and at the same time more accurate.
it impossible to keep out of our figures, as cal)led to us for the
ports other than Bombay, cargoes wliich proved only to be
shipments from one India port to another. The plan now
followed relieves us from the danger of this inaccuracy and
first give the Bombay statement
keeps the totals correct.
for the week and year, bringing the figures down to Aug. 21.

We

We

BOMBAY RECEIPTS AND SHIPMENTS FOR FOOR
lifiipifienta this week..

fear Great

OontiBril'n. neni.

1884
18«3
1882

3.000
1,0.10

i.ono
K.noo

3.000
4,000

SKipmenl^ t%nee Jan.

Great
Total. Britain

Oonlinent.

1.

Total.

lS4,00o;5ns,0OO 1,082,000
5,000 441,000:774.000 1,21,5.000
1,000 7JO.0O0 5-6.000 1.3OK.00O
14.0OO 2vi« nonlr.sr..ooo
si^.OOn
fi.OOO

YE.VRS.
Reeetpli.

Thit
Week.

Jan.l.

5.00011,533,000
4,000 1.538.0. »•
7.000 1.5!)3,0(
4 00o|l,141.00»

Accordmg to the foregoing, Bombay appearsto show an
increase compared with last year in the week's receipts of
1,000 bales, and an increase in shipments of 1,000 bales, and
the shipments since January 1 show a decrease of 133,000 bales.
The movement at Calcutta, ^Madras and other India ports forthe last reported week and since the 1st of January, for two"Other ports" cover Ceylon,
years, has been as follows.
Tuticoriii, Kurrachee and Coconada.
Shipments for the week.
Great
Britain.

Calcutta—
1884
1883

Continent.

Shipmentt since Jamiary
Great

Total.

Oontinenl.

Britain.

40.200

2,000

2,000

87.500
83,200

3,C06

3,000

30.400
lO.luO

1,000

2,700

9,500
14,600

11,800
2, too

ICsOO

1.

Total.

127,700a4,000

Madras—
1884
1883
All others1884
1883

2,300

ibo

600

31,000
11, 100-

21.300
17,000

Total all—
Average thermometer 80, highest 92-5 and lowest 67-5,
1SO,00*
1884
127,400
52,600
122,100k
7.31MI
Nashville, Tennessee.— We have had light rain on three
18S3
14.200
400
7.700
107.900
days of the week, the rainfall reaching thirty-six hundredtlis
The
above
totals for the week show tliat the movement from
of an inch. The thermometer has averaged 78, the highest
the ports other than Bombay is 7,700 bales le.is than same>
being 91 and the lowest 64.
the total
Mobile, Alabama. It has been showery on four days of week last year. For the whole of India, therefore,
corresponding"
the week, the rainfall reaching one inch and six hundredths. shipments since January 1, 1884, and for the
Accounts from the interior conflict; in some sections the crop periods of the two previous years, are as follows:
EXPORTS to EUROPE FROM ALL INDIA,
is developing, promisingly, and in others crop accounts
are less
favorable, there being complaints of rust, shedding and
"
1882.
1884.
1883.
•worms. The thermometer has averaged 77, ranging from
Bhipmenis
67
/Since
This
Since
ThU
This
Since
to all Europe
week.
Jon. 1.
from—
week.
Jan. 1.
week.
Jan. 1.
Montgomery, Alabama.— It has rained on two days of the
week, and the balance has been hot. The rainfall reached Bombay
1.000 l.SOd.OOOs.ooo 1,215,000
6,000 1,082,000
4,500i 248,200
All otlier ports.
180,000
7,700 122.100
thirty-eight hundredths of an inch. Rain is needed
in some
districts.
It is claimed that rust is developing badly
in some
5.5001,554,200'
Total
6.000 1. 262.000 1!,700 1.337,100
sections. Damage is reported by boll worms, and much
damage
of
comparison
affords
IS feared in the uplands.
This
last
statement
very
interesting
a
Cotton is opening rapidly. The thermometer has ranged from 65 to 91, averaging 78.
the total movement for the three years at all India ports.
Selma, Alabama— We have had no rain all the week
Cron
Alexandria Receipts and Shipments. Through arrangeaccounts are less favorable. It is claimed tliat bolls are
dron- ments we have made with Messrs. Davies, Benaclii & Co., of
piiig bafily.
Average thermometer 73, highest 88 and lowest 64 Liverpool
and Alexandria, we now receive a weekly cable of
Madison, Flortaa.— Telegram not received.
the movements of cotton at Alexandria. Egypt. The following
Macon, ifeorgia.—We have had no rain all the week
Cron are the receipts and shipments for the past week and for the
accounts axe less favorable, caused by drought and rust
Pick corresponding week of the previous two years.

—

—

AuorsT n,

THE CHRONK^hR.

1884.]

do some shading on a round lot. ForBp<A
paper grades l-!.i'((t3c. are the II-.<un'». Low gradM
of liagging are held at 2>a(w2^c., while prime goo<lH are held
aI Ding to

1881-32

188243.

1883-M.

|i

RooelpU lowitam')—
Tlii» week....
HiDoe H#pt. 1

2,G00.<HW

2.S3i'.72u

2.2.5 i'.obo

Since
Th\$
K4ek, Sept. 1.

aiiue
vetk. 8tpl. 1.

1,0 JO 231,0<;0

239.000
SU.OOO

E .yorlKbaleii)—
TnConttiieut

1

lu,00f>

Thit

mek.

Sinn,
Hepl. I

24.^.900

1T0.271

328.000
12.M71
"lioli 3)14.000
Total Europe
A omitiir U OS ll>8.
This statement shows tliut the n^ceipt'f for the week ending
cantiu-s and the shipnients to all Europe
August ','0 wore
•

1,000 hales.

Masc'HKSTER M.\rket.

— Our report received from Jlimchestc''

to-night states that Die
for to-ilay below, and
<;oniparison.

market

is

We

give tlie prices
weeks' prices for

dull.

previous

leave

1883.

188-1.

215

uctl.s of

at 2:''8W2Xc.

Comparative Port Recbipts and Daily Crop MovmissT.
[lort movement by weeks is not accurate,
as the weeks in different years do not end on the same day 01

—A comparison of the
We

h.ave con.seijuently added to our other standlnj^the month.
a daily and monthly statement, that the rea<Ier may
constantly have lief ore hiirf the data for seeing the exact relative
niovemeiit for the years named. The movement each month
since September 1, 1883, lia-s been as follows.

tables

Ttar Btginning BtpUmibtr

Jfon(A<v
Rtttipit.

1880.

1879-

1879.

313.812 326,656
Sept'inb'r
980,.'584
October. 1,016,092
Sovemb'r 1,030.380 1,091,697
Deoemb'r 1,059,653 1,112,.536
187,72» 752,827
Janiutry
February.
385,93? 595,59:211,514
482,772
March .

429.777
8.53, l9.^

458,47H
968,3 Ih

971,0 i:i

1.006,.')01

lll,75.j

231,51!!

117,595

571,701
572.72 s
470,582
28 1,2 K.

333,643
888,19J
942,272
956,161
617,110

May

15,91-

1

13,573

190,0.j4

110,001.

June

31.6-J2

68.«7i»

131,871

July

19,501

185,523
78,501
42,299

36,890

78,572

88.155
51,258

288.818
689,261
779,237
892,664
616,727
561,821
302.955
166.159
84,299
29.472

1882.

.

1

84

32. Oop.

OuU'it
Hi.'

I6<

ShirlingM.

TKitt.

Opi

1

J'uo20

si>8

A.

0.

rt.

rt.

.")

"

2.. el^(
1

S"rt

«

y's

">

a

SI'S

:>

7

l"l,» !!%,>
3"l»» 9h\->
ihl 991,, 15

4

U-'8

ffl7

t»lll

<j7

«*,«

a>7

•i-*!*

<r7

«'4
0'4
KI4
(iM

»7

8i2*7

)"«

fi'iia?
8i-.'»7

1%

7Sl'»7

O^a

«'l«

.

April
A,

d.

«.

8>4

»

8>4

a
»

8'4

«.

^^.

97 3
37 3
®7 3
37 IHi
»7
97 O
«7 O
»7 O
-*7
«7

6=8 a 6'4 5
Sis '» 914 5
Sij » 914
898 d 9195

«•',«

Cotton Crop Circul.^h.

n

Uwti

3>4 i6«.
SliirliiiU'-

i1

<t

» S'sS l^itT

••
27 <N» a !•>() 5 7
Julv :i <^ ® O^i 5 7
••
11 j5« a !<i«.5 7
•'
7
IS sSg a 9's

A,m'.

a.

32< Cov.

9

511
511
i«

5>i
51 in
5S8
nil
511-

— Our annual Cotton Crop Circular

ending September 1, 1881, will be ready about the
Dth of Heptember. Parties desiring the circu'ar in quantities,
with their business card printed thereon, should send in their
orders as soon as possible to ensure early delivery.

.for the year

East India Crop Prospects.

— By cable from Bombay to-day

are advised that the crop is making satisfactory progress.
Favorable monsoon reports are coming from all the districts.
The rainfall at Bombay since the beginning of the mon.soon to
date amounts to 43-77 inches.

we

East India Crop. — From Messrs. Wallace

&

Co's Cotton

Report, dated Bombay, July 13, we take the following "Seasonable rain has fallen all over the Presidency since the end of
last week, and has just come in time to dispel doubts as to the
safety of the cotton crop in the Central Provinces and Berurs,
in wliiL-li districts the plants are now some inches above ground.
In DhoUerah and Guzerat sowing has just commenced, and
the crops there start under favorable conditions, though somewhat late. The prospects for the new cotton crops generally
may now be said to be good, except that in the Bengal districts there are complaints of iiisuflicient rain."
:

—

New Florid.^. Cotton. One bale of new cotton was received at Mobile on August 1-1 from Campbelltown, Florida,
It cl.issed low middling, and was sold at 12 cents per pound.
Last year the first bale of Florida cotton was received at Savannah August 10.
New South Carolin.^ Cotton. The first bale of new cotton
of this season's crop of South Carolina was received at Charle-ston on Wednesday, Aug. 20. It was raised in Barnwell County,
and shipped by Mr. M. Brown to Messrs. Pelzer, Rodgers &

—

Co., Charleston.

The First Bale of Sea Island.—The

first bale of Sea
the crop of 1884-8-5 reached Savannah on
Thursday, August 14, consigned to Messrs. W. W. Gordon
Co. It was raised by Mr. Ransom T. Prescott, of Echols
County, Georgia. Last year the first bale was received at

Islanil cotton

of

&

Savannah, August 18. in 1882, August
15, all coming from Mr. Prescott.
•of

11,

and

in 1881,

August

Georiha Aorutltural Department Report.— The report
the Commissioner of Agriculture for August 1 has the fol-

lowing on cott<m

:

"Tin; coiiilUiun and pri.speot in comparison with an averajrc i« in
8-'-. Mid-lie Ueurgia, S'^; Sonlliwcst G orgia, 9J
Kiist
<Jeor){la, 83; Suutliea.st, Goorsla, b2, and in tUo average fur the whole
Stale 81.
•' In North Oeo- gl.^j thi
prospecti\-e condition \n the same aa that reported on-i month ago;
t-iioh of the other sections there Ls a slight
Niatli GenrfTLi,

;

m

fuUini!

off.

The wet weather

June ami tlie eariy part of July was followed in
sonii- connllca in Ka.-tt and r^omheast Oeorgi i by three weeks of continuous dry weather, and conisiderablu shedding ls«-ipi)rted. Lti-e and rust
luv nieiilionrd in some euuMlies among the casualties injnrhmslv nflVctIng the eroj). The mterplllar had made its appca'aiice about the lOlh
of .luuc ill IXMigherty (;oiinty, and about the last of the month In some
'

in

other counties of Southern Georgia, but no daiuai:e from this cause has
been reporled ne yet. The injury to the crop from all causes is estimated
at I.) per cent."

Jcte Butts, BAomxo, &r.— Tlie market

is

fairly

busy with

orders for moderate parcels, but few in(iuiries are "in hand for
large lots. There is a steady feeling among sellers and nothing is to be had below full figures, as an advance is looked
for with any active trade.
At the close the quotations are
fl\c. for 1^ lb.. liM„c. for l-'4 lb., 10"bC. for 2 lb. and ll'-aC.
for standard grades.
Butts do hot move very freely and the
market is in buyers' favor. There is scarcely any inquiry at
the moment, beyond a light trade for present wants, and sel-

1.

1881.

1883

.. ..

996,8.)7 1,020,802

487,727
291.99J
257,09:i

417,91.-'

261,913
159,02.-.

13,9^

Xotalyear 18C3,977 5,'J36,51J 4,6i7,37; 5,759,853 4,891586 4,42^.737
P->ro'ta«fe of tot. port

rooelnf.K

TIlis

Jilv ^l

..

9^62

98 a

i

1

9305

97-79

99.58

statement shows that up to .July 31 the receipts at the

ports this ye.ar were 1,132,.5S8 bales less than in 1883-83 and
146,000 bales more than at the same time in 1881-82. By adiiing
to the above totala to July 31 the daily receipts since that time,
we shall be able to reach an exact comparison of the movement
for the different years.
1883-31.

1882-83.

1881-32.

1880-81.

1879-80.

1878-79.

Tot.JlySl 1,803,977 5,936,51i 1.657,377 5,750,853 4,891,586 4,128,737
419
63.J
539
3,592
S.
Aug. 1....
\,1M
" 2...
46.5
1.519
507
573
2,8 8
03
" 3....
8.
2.391
2,927
533
2,177
8.
" 4....
562
3.058
1.191
1,296
2,014
338
•'
693
711
3.705
1,303
7o
S.
5....
" 6....
330
1,783
1,991
1,300
a.
157
" 7....
8.
1526
606
764
204
2,28>
" 8...
3,421
8.
1,182
586
1,395
1.039
" 9....
527
1,900
eo9
1,298
217
1,284
1.015
3:9
1,411
8.
"10...
B.
2,412
" 11...
3,110
916
1,354
467
1,812
778
" 12...
2.230
827
8.
809
21P
761
2,242
2,906
114
1866
8.
317
13....
" 14....
601
8.
1,232
2.417
31S
239
>
" 15....
5,133
8.
1.09
1,971
1,533
809
" 16....
692
3,021
1.657
306
1.311
620
" 17....
2,263
513
1.087
8.
2,870
8.
3..H47
" 18....
1.181
1,767
1.520
1,219
573
" 19....
S.
3,660
971
383
1,923
556
" 20....
1.831
B.
2,982
1,929
2)4
" 21....
8.
1,821
311
2,627
1,862
914
" 22....
8,231
B.
1,060
998
1,355
1,978
•

5U

Total

1.813,793 5,967,859 4,677,951 5,820,339 4,918,795 1,111,10s

Percentag e of total
port reo't Its Aug 22

99-14

9910

9908

9835

9987

This statement shows that the receipts since Sept. 1 up to
to-night are now 1,1-54,006 bales less than they were to the same
day of the month in 1883 and 13.5,839 bales more than they were
add to the table
to the same day of the month in 1883.
the percentages of total port receipts which had been received
to August 22 in each of the years named.
Shipping News. The exports of cotton from the United
States the past week, as per latest mail returns, have reached
1 -5,6 14 bales.
So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
With regard to New York we
the Chronicle last Friday.
include the manifests of all vessels cleared up to Thursday
night of this week.

We

—

Total balei.
Liverpool, per steamers Bothnia, 1,817
Uity of Chester,
CcUa, «18
British Empire, 1,868
Moruca, 780
City of Klchinoud, 1,717
1,400
0.354
Nevada. 1,091
600
To Ilainlmrg, per steamer leasing, 600

New York—To

To Antwerp, per steimer Rhvnland, 500
To Reval, per steauu-r Island, 2U0
OKLE.VNS— To Liverpool, per steamer Explorer, 2,152
To Antwerp, per steamer Paris, 100
Baltimork— To Liverpool, per steamer West Indian. 127
To Bremeu, per steamer llohenstauflen, 100
Boston— To Liverpool, per steamer Iowa. 1,053
PuiuuiELFHlA—To Uverpool, per steamer Lord Cough, 1,128..

New

_.

300
200
2,4.52

100
127
100
1.053
1,128

15,611

Total

particulars of these shipments, arranged in our usual
form, are as follows:
Total.
l/iverrmol. Bremen. Hamburg. Antwerp. Retal.
10.651
500
200
600
New York
9.351
2,552
100
New Orleaus.. 2,4i2
227
100
Baltimore
127
1.053
Boston
1.0,>3
1,128
Philadelphia...
1,128

The

Total

14,111

000

6v0

2U0

"l5,6l4

THE CHRONICLE.

216

Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
Aug.
Boston— For Liverpool— Aug. 15— Steamer Catalonia, 1,017
19—Steamer Kansas. l,o89.
12.
Baltuioke For Uverpool— Aug. 18—Steamer Caspian,
Cotton freights the past week have been as follows:

—

—

Mon.

Satitr.

Uverpool, steam d.

Do

"64*

Do

3e*

....

.e.

'16*

'16*

'le'

"la*

.

3b*

....

—

e.

"16*

Bl6'
...

sail...c.

Beval, steam... d

Do

saU

38-

Sfi*

'16

"IB*

"16*
....

....

V

V

....

....

'32*

'32*

'32'

'32*

'ss*

—

'32'

"16*

=16'

V

"18*

"l6'

"16*

^'

%•

....

Barcelona,steam.e.

=16*

V

%*

38*

38*

....

V

^a*

>3'

V

"if'

=16'

•s*

V

"16*

"18*

is»

V

"16*

"16*

—

Liverpool. 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.
Aug.
bales.
Bales of the week
Of whloli exporters took ....
speculators
took..
wWoh
Of

I.

Ang.

46.000
3.000
2.000
29,000

37.000
2.000
1.000
21,000

45.001

Actual export

4.(100

Forwarded

7.000

3,000
T,000

826,00e
508,000
29,000

808.O0C

Bales

American

Xotal stock -Estimated

84l,()0i'

Of wMch American— Estim'il
Total import of :lie week......
Of whicn American

Auoant afloat
Of whlnb 'merioan

The tone

515,000
BO.OOO
31.000
106.U00
36,000

Aug. 22

Attg. 15.

8.

22.00Ci

96.000
31.000

43,000
4.000

4,00<

2,000

l.Ooi-

31.0O('

3f',000

7.00U

6,090
4,000

6.0J(

779,000
478,000
20,000
14,000
77,000
12.000

4i'8,000
3i,00(
26.00<
88.00"

18.0f0

market for spots and futures each
day of the week ending Aug. 33, and the daily closing prices
of spot cotton, have been as follows:
of the Liverpool

Saturday Monday. Tuaday.

Spot.

Market, (
12:30 F.H.^

Bpec.<ii

Thurad'y

Dull.

Quiet.

Fndai,
Oull

Dull.

Dull.

6-'i«

6^

6-%

65ia

6l8
6^16

7.000

8.00<i

6,Ouo

7.0<M>

7,000

500

500

500

1.000

500

and

ea.iler.

Mid Upl'd^
ttld.Orl'ns
Bales

Wedfies.

Unit

and

exp.

easier.

6l]«

6'i«
6I4

6 '4

8.000
1,000

Juturef.
FlatRt

Market,

l-ftJilo-

*%:30f.m.

Qaiet.

cilue.

'ifarkst,

I

4P.M.

(

Barely

Flat.

Steady.

Flat.

Flat.

Steady.

Steadier.

steady.
Dull

Easy.

Easy.

st'iady.

The opening,

highest, lowest and closing prices of futures at
LiverjJOul for each day of the week are given below.
These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated.
'" ?«'«>« «»«' 6il)ii,thUM:
S?^^o'.?'!''i!:'"!r**i?t''
i 03 tneana
6 3-64<l.
4at.,

Ang. 16.

Optn fHah

Flour has been

IxMo. CIos

5 62 meatus 62-64(1.

Mon., AiiK. 18.

weak and

M

S.
,

August

22, 1881.

There has been
little demand either for export or home consumption.
The
supply is still ample of all kinds, and the general situation has
in fact shown no change.
It is suggested in the trade that a
regular call for flour should be established here, partly to
dull,

irregular.

and partly

facilitate trade

of grading, as

to assist the operation of the latest
well as to encourage a more definite

system of quotations.

To-day the market was dull and

Wheat as a rule has been quiet for export, though on one
or two days there was a good foreign trade; the speculation
has reached only a fair aggregate. Prices have latterly
declined, though some days ago reports of dry weather in the
Ohio Valley and in the south of Europe caused an advance.
The fluctuations have been within comparatively narrow limits; the turns have been short and frequent.
The foreign
shown depression, owing to a prospect
though it is now estimated by some that in
England and France the crops will not be so large as was at
one time expected.
Still,
harvesting
in
Europe is
reported to be making rapid progress, and the season,
it
is
contended, will be earlier than for some years
past.
The outlook for the crop in this country is
favorable.
Bull
operators,
however,
maintain
that
there is a large short interest in Chicago for account of the
Continent, but there has been no very large demand to cover
markets have of

Tnes., Aug. 19.

Open

ffifl/i

Low,

CI04.

d.

d.

d.

d.

d.

d.

d.

6 06

606

6114

6 01

606

6 06

6 04
6 04

6 07

6 07
6 07
6 00
5 68

8 (,4
6 06
6 1.5
a •'2
5 57

8 04
6 01

604
604
eoi

Oven High Low.

Cloi

late

of large harvests,

contracts of late,
.is regards the prospective receipts of
spring wheat, it may be stated that there has of late been a
lager demand in Chicago for money from St. Paul and other
points in tlie Northwest, a fact which is regarded as an indication that there will shortly be an increased movement of

wheat in that section. To-day the market was moderately active
at a decline of }^ to Ic. The foreign advices are still unfavorable.
Australian wheat is being offered in the English mar-

kets at low figurf s.

No. 8 red closed firm, however, at

afloat, 89}^c. for Sept., OlJ^c. for October, 93>^c. for

and

OO'.^c.

November

This shows a recovery, and only
week.
Indian corn has been rather more active for speculation, the
shorts here, like those at the West, showing more disposition
to cover their contracts, owing to tiie comparative scarcity of
contract grade. It is claimed that the short interest, particularly at Chicago, is out of nil proportion to the supply actually
available, an 1 at the West especially the bears have iiiKjues95o.

for

December.

J^c. decline for the

tionably

but

F F

FKIDAT, P.

XXXIX.

depressed.
'16*

38*

c.

e.
Oenoa, steam
Trieste, steam ...r.
Antwerp, steam.. e.
* Compressed.

"32*

...

5.6*

'16*

Do

Do

%•

e.

8aU...«.
Amst'd'm, steam.e.

Fri

EA DS T U

BR

method

V

sail

Hwubnrg, steam

"32*

....

Ball

Bremen, steam,

Thurt.

"32*

e.

Havre, steam. ...c.

Do

Wednet

i'e4*

....

Ball...d.

TutM.

[Vol.

has

been

snflicient

shown

some

une.asine-s.

The

trade

t^xport

but the speculative demand has
cause an advance of two cents of

light,

to

The prospects

been
late.

however, are favorable, and yesth: corn belt caused some short e!l-

for the crop,

terday reported rains in
ing in Chicago. It is cliiinied, riioreover, that the reccii';
at Western markets are likely to materially increase wiihiii a
short time. Opinions differ as to the quantity still in formers'
hands, but there are those who estimate that Neiiiaska still
holds about one-lhirdof her last crop, and it is averred that
the receipts at Chicigo are now mainly from that State.
T(i-day the market was quiet and J^ to IJ^c lower No. 3
mixed closed steady however at 03j4e. afloat, Ci','!. for
Augui-t, 01%c. lor September, 60;''4:c. for October an<l 59J^c.
for November.
This sliows an advance for tlie week o. 2
1

;

d.

d.

d.

<l.

eoa 6 06 006 eoa
Ass .-Sept 6 ('6 6 06 6(6 606
September.. 8 07 8 07 8 07 B07
B«pt..0ct... noe 8 0(1 8 09 eoa
Oot.-Noy_.. 6 69 5«S 5 63 ses
NoT.-Dec.
5 5» 5S» 5 5»
Dec.jHn....
9 St 55S £5-i
Aniiust

Jan.-Feb.... i!iV
Feb.-Marcta. 561

.'>&»

6 59

6 59

561 561 5 61

6 07
6 00
5 5U

5 50

606
6 05
5 62
5 57
'557

5 51)1 55:
S5U 5 5P 6 5S 558
9 6V 5 62 9 61 961

6 04
6.'5

UCii

i
6 04
6 04
05

('.

60. BOi
5c2 5ri2

6 05

60:,

5 "2

5f2

55^

5 57

6 57

5 37
3 57
5 07

560

5 60

5 97
5 5i

560

March-Apr.

5 57
5 57
5 6'
5 60

5 57

AprU.Ma7
May- June..

..I

AoK. aO.

Open Sigh Low. Clot
d.

6 02

Ang.-Sept.. 6 02
September.. 6 03
Bert. Oct... 6 03
Oot..No.... 5 611
KoT.-Dec... 5 5"
Deo.-Jiui...

a:

Jao..Feb ..
Feb.-March

5 57

Maroh.Apr.
Aprll-May
May-June..

Eye has been quiet, as have also barley and malt, Oiits
have been modem lely active at declining prices, the depreSfion
being most noticeulile 011 the sjwt. Aside from tliis llie market has lacked features of interest. Today prices were easier.
No. 3 mixed sold at 31 i^@315^c. for August, 30^8@31c. for
Sept em er and 32c. for October.
The following are

WtMlneit.,

Aognst

tc 2-}ic.

r>!in

d.

d.

d.

Hoa 6 01 6 01
6 02

6 01

eoa 601
6(3 6 01

6 01
6 01
6 01

5 60

5 5U 659
561 555 553
55t 6.:6 555
5 56
5 57

5 99
5 67

9 65
5 57

Ttann., Aug.

ai

Opm. Bioh Low. CUu

FrI.,

Aug. 32.

Open Btth Low.

d.

d.

d.

d.

d.

d.

6 03
6 02
8 03

6 02
6 02
6 08

6 02
6 0i
6 0J

6 0^
6 02

6 00

6 00
6 00

608
903 603 613 6 03
561 561 681 0"1
558 5 38 5 57 5 97

6 01
6 01

9 57

558
5 61

6 67
5 38
5 61

5 67
6 68

5 57
5 58

6 61

561

d.

i

CIo«
d.

5 63
5 03

5 63

601 600
BOl 5 63
960 560 5£U

6 00
6 63
6 50

5 56
5 55
5 re

6b5

810

6 58

5 55

5 05

5

3'8

5j

6 55

5 56 955
558 5 58 5 57

5 57

6 55

closing quotations:
KL'IUR
2 55 Paten
winter... S4 75« 6 00
2 85 nt.v Mill snippV e*-* 35n 5 00
3 eo 8 lUtUeru Imkers' aur.
4 HO
family brands
4 05a 6 25
4i)0* f> 2r, Sdiith'n sLlp'g extras 3 OA 5 25
3J20/> 3 50 Rye flour, 8uperllne..4 OOd 4 50

No. 2 sprmg...i« bbl. ^2 10a
No. 2 wiuior
2 304
S pertlne
2 On)
Spring wheit e.stl'as. 32,
.Minn, clear auil stra'f
Wlnterslilpp'(5extra«.
v\ inter
clear
ami
straixlit
F.>teute, spring

Wheat
Spring, per bush.
Spring No. 2

Bed winter
White
White No. 1
C TD— West, mixed
West. mix. No. 2.

White Sdui hern..
Yellow Hiiutheru.
Western white...

',

Ooni mealWestern, &o
3 00* 3 35
Brandywine, Ac... .3 40* 3 60
GRAIN,
Corn
......
65 ®
Western Yellow
S6I2 Rye— Western
86 3
65 <t 67
ftyia J
70 n Ti
:<o!ti
State & Canada
76 a 91
31 » 38
Oats-Mixed
......
32 i 43
White
......
32 a aa"*
No. 2 mixed
62
Si's* 35
No. 2 whlt«
*
»
62^
Harlev
—No.
Canada.
1
611a*
No. 2 Canada
*
*
65
two-rowed
Stale,
«....
61 « b5 ) State, six-rowed
4
5

00a 5 50
009 6 25

—
—

f

August

THE CHRONICLE.

83. 1884. J

In ilore <U—

Now

bUMh.
1,8.^9,362

York

Do

843,000

afloat (eat.).

Albany

ft

Oitoaao
N(^Wl)'t

News

....

Milwaak«e
Com.

Tn»at.

Oau,

DUath

RlW.

Borlev.

Toledo
Dutrolt

Bbls.WHIbt BuJh.«0Uu'Biu>>.6AI{M Buih,S9 lt» Biu V48 U» Biuh.SA II,
183..' 37
BS8 072
31.477
»,»or,7Ni)
2,l:!8,8;»
injmi
Chlowo
6.7(1(1
31,75)
2,S75
2.400
7a,o»5
8D,mt
HIlwuakM..
82,310
0,810
88-t.330
85.373
l,au
ToleJo
{

2,0 ju

D«lrult
CleTelHnd;

7,134

tos.iiia

..

8,fl3B

l(W.803

7,000

....

87,770

07,1,421

Peoria.

l.iSOU

Oulnth

82.600

S3,250
41,137

180,100
iao.«io

St.

I.OUU

48
1.055

18,806

718,005
2.414

3,000

18,950

213,(03
277.270
S8.73J

Totwk.'S*

21S.:JiO

4.0U7,60H

3 516.125

1,8S0,681

8<i.4S3

\*?,l)3i

2,ni) 1,417

9.7J0.77I

1,3111.243

80,484

137.347

a.lOfl.DUO

],32;},!18.'

1,478.614

18811

60S.902
455,781
417,785

8
Lonla
Olnolnnatl
.

Biwton
T.)ronto

10,513
23,000

105.5S1

8wse wk.>83
Same wlutS
Since .July 2S
1864
1S83
188a

OiweKO

1

0.».><1,511

3.6811.338

3,«33.440

63.006

8.--7.860

6.415,(183

7.241.M33

8.358,673

77.360

7,3TS.208

8,71 4.80*

2.072,411

61,007

602.720
158,236

Montreal
PiiUadelphla
Ftwria
IndianapoUa......
KuiHiia City
Baltimore
rail

lake
uaual

rot. Aux.l0,'e4,
Tot. AU)?. 9, '84.

Tot.Amc.l8.'83..
loi

conipamtive shipments of flour and grain from the same
from Dec. 2t, 1883, to Aug. 16, 1884, inclusive, for four

Tlio
jiorts

rot.

Aug. 19. '82..
Aug.20, '81.

years, sliow as follows:

bbU.

1883-S4.
6,732,953

1882-83.
5,478,525

1881-82.
4,646,222

1880-81
0,657,868

baata.

33..W7.238

276

22,210,0.?4
66,H.j7.2o3

27.172,747
46.170,262

30,672.002

27,3il3.3.S3

lli,2«1.450

2.7r)6.6'57

3,131.716

4,627,:U1
2,913,678

2,1^8.983
1,508,769

33,708,461
70,787.368
23.397.517
2.068 24 i
1,205.003

Total snaln .... 126,465,989

124,501,691

96,321,211

131,166,599

Flour
Wlteat

Cim
0«M

56,04

Baler
Ere

.'i

Below are the rail shipments
ports for four years:

1883.

1884.

Fl«ar

bbl8.

.^.

Wlieat..

Oom

bOBll.

Wtek

Week

Aug. 13.
67,316

.Im/. 19.

Aui/. 20.

10>,248

144.765

45!J,675

349,463
513,511

782.309
191,810

440.03^
1,206,433

8W«!.234

892.1

30

768,148

405.998
1,005,813
4,276
21,375

«.

Oata
Barley.......

Bye

1,896,139

Total.

13.346
46,896

3 16i)

9,6118

2.J,239

31,741

1,813,536

1,831.573

2,459,061

Naw York
K

istoil. ..

P..rtUiid.
M')D treat.
Pitladel..
K.atiin're

Orl'nn

N'
^.

Flour.

Wheat.

Oom.

Oaf.

Bhtt.

Bn»A.

Sttsh.

Both.

io;),i;i9

1,034,949

60.5)1

31,703

48,076

32.58J

3,337
5J

Rye.

.

New9.

1.78.'».3R3

2,270

136.649

3,387

28,338

2,486

16,374

131,406

28,233

is

We

as below.

Bhia

Aug.

1833.
Week.

16.

Biuh.
81.080 1,267,946
Bhtt.

On, King.

96.193

Cuntiii'ul

i),.i.08

8.* C.Am
W. IiuUiU'
Brlt.(Jol'6
Oth.c'ut'fc

17.393
22.314
9,i93
6,646

Total...

161,927

4,24;) 1,'>46,123
9.2.J6

20.0.iJ

A til/. 18.
Bimh.
1,1.=,>;,.

97

628.901

206

13,835
561

23,2.12

6.45,02s

125,377

330,318

P. M.,

August 22, 1881

As regards

started

and gloves,

up

silks,

complaint is now heard about slow collections.
PiiiNT Cloths. The following shows the course of the
market during the week:
MABKET.
COTTON

8ALKS OF rUTlTRES.
PuttirM.

Spot*.

September.

add the

Tone.

ITice.

Tone.

Firmer.

323

Dull.

1881.
Week,

1883.
Week.

Aug

Aug. 16.

8Je,394
161,063
47.307

!),3.»7

12,2i)5

Firmer.

Tuesday

IS.

Bunk.
59.; 61
44.859
17,973

Price
Sa'es

....

Price
Sales

Prloa
Very dull.
Sales

..,.

Price
Sales

Bifik.

Firmer.

Wed'day.

Firmer.

323

....

S-23

Price
Sales

....

3-35

Doll.

Dall.

j

Xovemher. Total

Thursday \

Firmer.

8-25

Dull.

...

Price
Sales

....

Price
Sales

....

Price
Sales

....

Price
Sales

...

..

.

....

....

Price
Sales

....
....

....

....

....
...

Price
Sales

....

Price
Sales

...

...

Price
Sales

....
....

Price
Sales

....

Price
Salea

....

Price
Sales

....

Price
Salea

....

Price
Sales

....

...

....

....

..

.

4,196

765

"i',29i

Firmer.

Friday....

3-25

DoU.

j

132,010 2.314.0i;9 1,783,398

October.

1

Monday..

18.

178,386 358,148
180,615 211,.'.46
311,620 1,395.733

Both wholesale and retail
up more promptly, and comparatively little

Oom.

WKeat.

Aug.

21,375
71,200
32,210

4,276

129,937

in other sections of the country.

BxporU
16.

5.602
26,930
704,071

lines of foreign hosiery

J

.i.U'j.

19.323
3.000
3,751
5,758

—

1,043,353

1881.
Week.

>«•

an ;iveiase fall business is anticipated by Western merchants,,
while at least a fair distribution of goods is likely to be made

Saturday.

1883.
Week.

442
631
•

The auction season has

wire.

"orrespouding period of last year for comparison:

1834.
Wtek.

618
o.oai
2.073
2,366

embroideries, woolens, &c., were publicly sold to the highest
bidders at relatively low prices. There is a much better feeling in the trade, and the crop prospects are so favorable that

excua:<cie

fmrteek
to—

1,985

67,217
5.829
25.469
100.833
11.881
2.500

4,304,412 1,812,71
4,171,812 1,668.168
21,028,812 11.323.314 3.033.953
12,410,2)3 5,o66.ti81 2,434.567
17,559,016 17,351,970 7,780,767

and large

briskly,

43,109

Flour.

••>>•

13,351
19,129
4,148

•

2,571

16,543,8.52

ments by mail and

150

The destination of these exports

37,1)21

......

was only a moderate -demand at
first hands, but the growing activity of the interior jobbing
trade was' reflected in a more frequent demand for re-assort-

216

161,927 2,314,069

132.010

....

,,

50.650

goods having been made by the leading jobbers.

72,0011

.••a.

12,944

267

18,653.739

dealers are paying
404.297
547,412
157.335

23,160

••>

2,414
35,031
25,601

personal selections, there

BhxK

4,V93
l:i,6i3
;<,374

97,387

136,170

was at least fairly satisfactory. There
was an increased force of Western and Southern retailers in
the market, and the jobbing trade was consequently more
active, a very fair distribution of both staple and department

Pe<i.r.

Blink.
ys.as"*

495
20,(83

quite up to expectations,

Th'^ exi^orts f;:«m tlie several seaboard ports for the week
10, .8 ii, are shown in the annexed statement:

from —

12,079

1,974

FaiUAV,

ending Aug.
Kxporli

18,085

103,021

30,970
12,418
73.832
186,475
4,761
187,045
1,000
12.205

»V,

buK.

The situation in the dry goods trade has shown further improvement the past week, and the volume of business, if not

1881
Week

1882.

Week

Inuh.

376,918
40,000
28,850

THE DRY GOODS TRADE.

from Western lake and river

Aug. 16.
109,352

Barley,
bueh.

Oat$,

buth.

268,193
170,100
12,000
106,2&0
960,584

23,720
6.000
91.331
38,401
17,766
538.266
1,026,1,93
1,805,039 1,440,428
51)3,290
2,119,828

D jwn Mlaelaalpi)!.

0"
On
On

00

281.300
2.0^4,562
328,838
430,779
298,826
864,473
160,388
180,877
1,191,523
57,787
30,788
122,201
104,077
1,007,563
18,711
129,400
485,681
1,852.024
190.477

liiiQalo

i

flow.

Com,

Wheat,

The inovoiuont of broiulstiiffs to market is indicated in the
statomonts below, propimMl by us from the flgurea of the New
York Produce ExclmuKO- We first give the receipts at Wester:!
lake and river ports, arranged so as to present the compara
tive movement for tlie week ending Aug. 10 and since Aug.
for each of tlie last tlu-ee years:
BecHpU ot—

217

....

....

....

136,619 1,048,355
Total.. ..

By adding

this week's

movement

to our previous totals

we

have the following statement of exports smce September
this season and last season:

Transferable Ni)tloe9»-Saturday.

a-.SOi

Monday,

3-30; Tuesday, 3-2S

;

Wednes-

day, 3-30 ; Thursday, 3-30; Friday, 3-30.

1,

DoMBSTic Cotton GioODS.— The exports of domestics for the
3,378 packages, and the most important shipments
were 795 to Great Britain, 634 to U. S. of Colombia, 220 to
Mxportttlntt
18l?8-84.
I88»6S.
I888«4
1388^.
1883-84.
1832^.
Sept. I, toSept. 1 to
Sept. 1 (0
Sept. 1 to
Sept.
Sept. 1
M Sept. 1
Venezuela, 19!) to Argentine Republic, 126 to Santo Domingo,
Auj. 16.
ylilj. 18.
Aug. 16.
Aug. 18.
^115. 18.
Attn. \e.
105 to Central America and 84 to Dutch West Indies. There
BI>I>.
BblJ.
BlMll.
Bml,.
Biull.
Buth.
was a slight improvement in the demand for plain and colon. Kingdom
4,820.741
5.81'*.489 28.24?.724 83,.> 48.101 26.303 560 36.177862
ored cottons at first hands, but selections were mainly
Oontlnent
341,470
423 063 18,163.101 23,756475
8,500.837
8.308.3*
a.4C. Am...
e60.4t«l
640.614
650 000 restricted to relatively small parcels of leading makes.
1.473
120.560
1.800,750
The
West Indies.
415.-0")
818.314
812 173
7r.O30
33.383
460,09
jobbing trade was fairly active, and liberal package sales were
Brtt. Col-nlei!
562.411
627.134
16.i63
07.430
8 010
147 465
0th. ooantr's
45.067
made by a few of the large jobbers. Agents' prices ruled
43,366
32.683
178.371
227.606
126.427
Total. ...
steady, and the recent curtailment of production has tended
7.261.124
8,426,780 48.7gi.:!76 67,714 287 87,288,5110 46.020.08
It is
to restore confidence in the maintenance of values.
The visible supply of grain, comprising the stocKs in granary
understood that every one of the Lowell mills except the
at the principal points of accumulation at lake and seal)oard
Lawrence Manufacturing Company will shut down entirely
ports, and in transit by rail and water, Aug, 16, 1884, was as
follows:
k tirat week of September, and mills at Manchester and
tlowr.

Wheat.

week were

Cbrn.

1

Ia:

IY>

. .

•>

—

'

I

>

—

THE CHRONICLE.

218

a like
other large manufacturing centres will probably adopt
the output
from
time
for
a
market
the
relieving
thus
ootiTSf,
of nearly one million spindles, in addition to those already
at S'Ho.
stopped. Print cloths were dull, but firmer, closing
percent for G4x643, and 2J3C. bid for 58x603. Prints
I)Uu
were a trifle more active, and a fairly good business was done

D

sag.

|><:

^2.

h^

«

p;

:

:

§
P

S

•

'.

9!

iiiiii

M

3:

in dress ginghams at firm prices.
Domestic Woolen Goods.— Men's-wear woolens continued
fair orders
•sluggish, aside from spring worsteds, for which
on
were placed by buyers in the market, and witli salesmen
irregular
the road. For fancy cassimeres there was a light and
few of
.demand, selections having been chiefly restricted to a

CO

c w to "
oX^
--1

p-lawl

Ci

to

i-«
"J-

tf^

**

o> --I

"-' --1

M

'/.

iX

M
y -J w X
o« C X
M
<»
OT
X
^

f- :c

nr
ti-

M-J

to

tOM

rr

CCCJ<

CI ct ^^

(C CO "i

Xa

cio^jjp

to 31

o oi

CO'-^J

10 -

rij

Qi

X 10 M

I

I

MMM»0

'a

M

I
I
1

rf-CO-3

tct/J

*c
^ <i

OD*XXK,X
>t-

X -J a<

to

COWCJij-]-'

0-.

COM

CICIWMX
oi

coc>

CO
-I

to-*

tOMto :dx

CJ u; CO

*.

"lob

-q -J -^ -J :«
-^ »•
CO rf>.

f

M

tO'-'

00 io t- ao CO

ox
ceo

tdtOQCOO
31 -T to Ci

to

MM

(CM

c;>

to to (o

•me Undeisigned

&

REGULAR AUCTION

hold

8AI/E8 of

all olaaees ol

fiTOCKS AlVD BOKDS

)f>-

CO c:

c;'

CO

rf-

-^

CJ-

II.

&

inDL,L,ER

SOW,

PINE STREET, NEW YORK.

No. 7

Ct

XXW

*».

Bullard
119

&

I

NEW

all

kinds of

C7N1TED STATES

Agents for the following bninds of Jute Bappinp,
"Kajtle MilI«.""Brook)vn C!ty,""GeorKta,"**Curulinii,"
*NevinB. (>," "Union Star.'*";^aleni.'' ••lloricon Mills,"
• Jersey Mills " and " Dover Mills."

IMPORTERS OK IKON

TIES.

BAGGING.
^ITARREN, JOKES

Bliss,

BrNTING

CO.

Colors, always In stock

Duaue

Street.

Fabyan &

Co.,

.(. to
rf*
- cs
IC h- GC M- to

T

X

-;~e-.co-j;

s
>

-^

CJ

-; -1

10

Before buying your Carpets.
or

MattiniiB.

eiill

at

Tenlcnt to

call,

ii'

X

10

M

1*^

fr-

C 'X

WlO'— tOjO

I
'

»-O'X0:X
x<j ;:i^-'c;i

^

§

t^(x:i.u-j<

-1
"1
-1
CO

it^

5

OK^CClCM

w «. w
^. 0; 0; 10

^
»

=*

,*-

1.

^

OT-.oiOio

3

tCM —

O'CCCIOOS
t-VloGO'C

^

X

M

.

a*

10

fK

wb.b.oicc
xtf^tooix

ft
T'

^

!»

CUIOf^

to

1

France.

Pier (new) 42 North River foot of Morton St.
Travelers by this line avoid both transit by EnRlish
Railway and the discomforts of cr088ln« the Channel

From
In

a small boat.

AMKltlolK,

Santelli
Wed., Aniinst 27. 10 A.
1)b Jiius»elin..Wed.. Sept. 3. 4 A.

ST. L.\UHI';.nT.

M.

M.

Wed.. Sept. 10. U A.M.
NUKMA.N'DIK. l-'r:uij;cul
FuiCK tjv I'ASSAuu.— uncludinK wine): Tu HavreFirst cabin, »100 and »80; second cabin, t60; steerfme, fSfi— includinK wine, bedding and utensils. Return tickets at verv reduced rates. Cheeks -jn Banqne
Transatlantique. Havre and Paris, in amounts to suit.

Special Train ft-om

Havre

to Paris.

The CompaKnie Generale Transatlantique delivers
at its otflce In New York special train tickets from
Havre to Paris. BaKKaKe checked throuKh to Paris
without examination at Havre, provided passenger*
have the same delivered at the Company's Dock in
New York. Pier 42 North Hiver, foot of .Morton St.
at least two hours before the departure of a steamer

I.OUIS

DE BEBIAN, Agent,

No. O Konrllncr <ireen.

^\iljticati0»is.

HA^IVD-BOOIi
Railroad Securities

JULY,

L.lucoIn Mills.

BOSTON, 31 Bedford Btreet.
5*S & to Worth Street, and
Kvv! vriRif
Ktw
lOKK^gj
^ 37 Thomas Street.

I.tnolenni. Oil

send for euuiples.

I

O- to in 10

01 3;

AND SHEETINGS,

BENDAIiL'S

St., baecineiit
Cheapest itlace lu the city. If uot con-

£S r

A

0; *.
W
>- c: C — O'

GENERAL TRANSATLANTIC CO.
NEW YORK and HAVRE,

PRINTS, DENIMS, TICKS, DUCKS, 4fl.
Towels, Quilts, IVhlte Goods dc H«« lerj
DriUt, Sheetings, <tc., for Export Troile.

SELLING AGENTS FOR
Geo. H. Gilbert Ullg. Co..
Arlington milN,
Freriiiuii ITlli{. Co.,
Ueulren- iTII'u;. Co., Jamex I'liillips, Jr.
Fltcliburg tVorsted Co.,
George AVhltiioy, Coiitiiiental mills,

-«arpet Store, 114 Fulton

25^

?

ij

CO

^^

«=!•

BKOWN & BLEACHED SHIRTINGS

Brown,Wood&Kingman

OFFICE
CARPETS.

3

>^

ft

1^
=

-e

Between

York, Boston, Philadelphia,
BELLING AGENTS FOR LEADING BRANDS

ST. LOUIS, Mo.

IRON COTTON TIES.

5

ONLY

New

BCttBofactdrers' Ajients for the sale of Jute Bagging

lUrORTEKS OF

;«

;?

M>U^taships.

CiRATZ,

A.

M
M
X
X c
w

s

—

-4

Direct Line to

Co.,

Wheeler,

{FOR BALING COTTON.)

1

(£>nx&$.

CANVAS, FELTING DUCK, CAR
COVERING, BAGGING, RAVENS DUCK, SAIL
TWINES, &C., "ONTARIO" SEAMLESS
BAGS, "AWNING STRIPES.

No. 109

YORK.

ji

i-i

A full sapply, all Widths and

BAGOnVCi A]VD IRON TIES,

XO
to

j

COTTON

<£;<tvtls.

mAIDEN LANK,

O

C^
ee 1"
10 to

V +-000 w
-J
o :o aa

Also, Agents

CI!jommcrciaI

s
<

to

I

c;

00:0

COTTON S AILDUCK
And

WEDNESDAYS AND BAT0BDAY8.

M

* GO *- W

Manafacturers and Dealers In

OS

ADRIAX

to

O'

Erinckerhoff, Turner

At Auction.

!«
ck

X

'/

&ommtvcinl

BONDS

and

a

Is

Xcw

cc to -J to

:s

a

—

-ga
-^ -1 to to
cxoo_xrf>.i»
tfc

tOycO.-CJ

CT-U*

CO

3
**•

xioioxx
cc oD ro
X
M OX-M.^

I

I

-X;

M

3i

xbbbx
w en *

X

a

x--ia

a
03

a

to ci*. to

I

X-.1

— to 3>
OMVw'ti

X3

to Xi

to

<Ti

STOCKS

cr.

S5
;?

•i>

--0

X<1

CdOCOMOO

;-)

Importatlous of Dry Goods.

tfour.

XX

cc

?;

-^1

I

55s

The importations of dry goods at this port for the week
ending Aug. 21, 1884, and since January 1, and the same facts
for the corresponding periods of 1883, are as follows:

-•Clotlig

cs

a

to

1?
= S

«

hi

--I

•4

X

rooms.

^aXcs.

—

*1

to

CO

moderate request, and considerable deliveries of men's-wear
Linens,
woolens were made on account of back orders.
embroideries and laces were in limited demand, and large lots
of hosiery and gloves were distributed through the auction

CC OS

1

tc-£

>-•

rfi.

Mi:xco-i
^10 tr 0-1

J- 'O

3:

CCX-1.1^*-

to

o:

ct yi

5

CO

COCO

'coVi'wolo
tOH*

tt^

2 -

>

10

^0

'tcji r:

r

'

!

-1

»

wbo

X

^

Ci

O'-O

cr

to to <1

:

:

=-."f-bkb

»

JC

05 to

:

--MtO

OS

— to*--J

to
to
va>--''tt''^t
--i CC to

,_

^X
c b3

tO^

:

CJ

JO

<lrf>.

knit underwear, hosiery and fancy knit woolens.
Foreign Duy Goods were jobbed more freely, and a fair
business was done in this connection; but the demand at first
Land was spasmodic and irregular. Fine silks have met with
some attention, and fair sales of velvets were reported, but low
grade silks and satins ruled quiet. Fancy dress goods were in

'-'

tO)^-lit--^

^^

t2

I-*

sackings, tricots, Jersey cloths, stockinettes and cloakings
were in steady but limited request, and a fair business was
done in staple and fancy worsted dress goods. Shawls were
in fair demand and there was a moderate movement in carpets,

W

Oi O'

OTC;

•Ti

Kentucky

3

^
t-*/

:*:

C^ *3

^

cr.to

'M

the most attractive specialties, and satinets and
flanjeans ruled quiet. There was a fair re-order demand for
with blankets that
nels, but distributers are so well supplied
cloths,
very little business was reported by agents. Ladies'

|^ttJCtlou

XXXIX.

[Vol.

1884.

DESCRIPTION IXCOME
;

&

Joy, Lincoln

;

PRICES; DIVIDENDS.

Motley,

BtrCCKSSORS TO

JOSEPH CILLOTTS
STEEL PENS
Solo Br ALL DEALERSTHRouoHeurTHE WORLD

COLO MEDAL PARIS EXPOSITION-IBZEk

13

E. R. muDGE,
& 45 Whits Strkbt,

NEW

SAWITER &
15

CO..

Chaitnckt Strict,

YORK.
AGENTS FOR

BOSTON.

Price in

Ocean ITIIIls Co., Atlantic Cotton Iflllls,
Peabody Mills, Chlcooce MIk. Co.,

New Mills, White MIr. Co,,
Saratoga Victory Mlfe. Co.,

WII.IiIAM B.

llerton

"

Hoslei-y

and Yarn

ItlUla

Red Leather

Covers,

-

•

§1 09

To Subscribers of the Chrouicle,

79

&

81

DANA

WILI.IAM STREET,

&.

75

CO.,

NEW

YOKir

.

AforsT

THE CHKONICLE

ISSi;

28,

%VLSVLV^ncc»

rU

Jusitviiuce.

The United
OFFICE OF THE

ATLANTIC

IN

<i!^0tton.

States Life

Insurance Co.
THE CITY OF NEW TOKK,
(OROANlZEn IN

LlQMAN. AIIHAIKM

>ew

II. BKOS.NA.V. Preildent.
rRAI.EIon. Sec'y. A. WHEELWRionT. Aii't See
OKo. U. nciiroiiii. Actuary.
By an act of the Leiilsiiiturc of this State this Coml»ony'» charter was so umonded In 1888 that hereafter
all the proflts shnll bolonir tu the policy-holders ex-

NEW YORK, January 24. 1884.

clusively.

The TruBtees. In confuruilty to the Cbarter of
the Company, »utiiult the follo\Yliif; Statement
of lt» allrtirs on the 3l8t December, 1883:

eembiT, 1883

$4,168,953 10

Premiums ou Policies not marked
offlst January, 1883

Premiums marked

off

$5,708,185 63

No.

January, 1883, to Slst December, 18 3
$1,260,423 93
ti

same

period

Betums

Premiums and Ex-

penses

$850,OHO 76

The Company has

llie

following Assets,

United States ard State nf

York Stock,

City,

in

1888.

.»8 wjo.ooo 00 W.ZSI.OOO 00
Iti.TDn.iKiooo ls,.MO«,()(Ki 00

6.UH,S144e

5,2«H,1!1248

MUTUAL
INSURANCE

viz.;

F. S.

Bank

00

00

335,710 6

OF

NEW

WINSTON,

President.

Rates Lower than other Companies.

ORGANIZED APRIL

Assets,

-

THE OUTSTANDING CERTIFICATES

of

Wahren' Kwk.v,

The certlHcates to be produced at
the time of payment and canceled.

Nos. 31

after Tuesday, the Sixth of

By order of

H.

jr.

May next.

the Board,

CHAPMAN,

Late of Eure. Kun-ur

is

011

Secretary.

33 Broad Street,
TOUK.
Fehous Reid.

I'lucE,
Jc

Price.

Reid

Price,

the net carued premiums of the
Company, for the year endiag 3l8t December,
1883, for.whioh certiflcatea will be Issued on

»nd

&

NEW
Tnno. H.

will cease.

A DIVIDEND OF FORTY PER CENT

John M. Ewen.

Jr.

Ewen Brothers,
COTTOIV BROKERS,

the Issue of 1879 will be redeemed and paid to
the holders thereof, or tlielr legal representatives, on and after Tuesday, the Fifth of Feb
RUtry next, from which date all interest thereon

declared

rnuncn Stbiet,
NcMT York.

CIIAKI.K.S D. MII.I.KU.

J. D. Jones,'

Charles Dennis,
W. H. n. Moore,
Charles H. Russell,
Janie8 Low,
David Lane,

Oksers pob PuTTinE Contracts EXECtrrzD
New York ANn Litebpool.

G.

&

Ch,irle8 H. .MarshaU,

Co.,

BABCOCK&CO.

Gordon W. Burnbam,
A. A. Raven,

Cliarles D. Leverich,

Sturgls,

Benjamin H. Field,
Josiah O. Low,
WlUiam E. Do<lge,
Royal Phelps,

Hand,

John D. Hewlett,
*llliam H. Webb,
Charles P. Burdett,

William Bryce,
William H. Fogg,
Thomas B. Coddlngtwn,
Horace K. Thurber,
William Degroot,

John L. Riker,
N. Denton Smith,
George Bliss,
WUUam H. Macy.

JOHN D. JONES, President,
CHARLES DENNIS, Vice-President.
W. H. H. MOORE, 2d Vice-PreBidenfc
A, A.

Receive conpUinnients of Cotton and other Produce
and execute orders at the KxchauKes la Liverpool
Hepresented In New York at the otUce of

KAVEN, 3d Yioe-Pre«ldeDt.

Robert Tannahiil

^VARE & SCIIROEDER,

Special p.ttentlon paid to the execution of orders
for the purchase or sale of contracts for future delivery of cotton. Liberal advances made on cob-

John C. Graham

&

Co.,

COTTON COMMISSION MERCHANTSNo. 18 tvilllam Street, New York.
SELMA, ALA.; MONTGOMERY, ALA.
Buyers of Cotton for a Commission. Orders for Fa
tare Contracts executed in New York and Llverpoo

ALFRED vox GlTNDELL.

CHABLES MaTBOIT.

von Gundell & MayhofF,
COTTON BROKERS,
Nos. 2

&

4

STONE STREET, NEW YORK.

& ]nAYHOFF»

COTTO.V BUYERS,

laEMPHIS, TENN.
Sawyer, Wallace

8c

Co.,

COMMISSION MERCHANTS,
No. 18 BKOADW^AY.
Liberal advances made on Cotton consignments
Special attention given to orders for contracts for
f ut ore delivery of cotton iu >'ew York and Liverpool

CO.,

H. Tileston & Co.,
COTTON, STOCKS, BONDS, &c.>.

&

as

Co.,

Cotton Coiiimissioii Merchants,
No. CI Stone Street,

Co.,

COTTON COMMISSION MERCHANTS,.
POST BUILDING,
16 & 18 Exchange Place, New Tork^

Liberal advances made on Cotton consfgnments.
Special uttentiun given to the sale \jt collou to
arrive or In transit for b<.ili lureitrn and domestic
mar^eti. CorreHpoiiUencti solicited.

BABCOCK BKOTHKK8 A
BO Wall Stkest.

nj;

SUCCESSORS TO

& Commission Merchants
VOSr GIJNDEEE
NORFOLK, VA.

B. F.

&

Schroeder

Cotton Brokers

Horace Gray,
Edmund W. Corlles,
Adolph I^emoynf
Bobt. B. Mmturu,

John tlliott,
James O. De Forest,

C. A.

STREET,
NEW YORK.

134 PEARIi

Ko.

COMMISSION MERCHANTS.

TBITSTEES.

Hopkins. I.rrirs noPKiss Smith.

Hopkins, Dwight & Co.,
C O T T O X
COMMISSION MERCHANTS^

IT ^Vater Street, L.IVEKPOOI,,

Wm.

C.

BANKERS
AND

©0ttl3U.
the outstanding certlfleates of profits will be paid tb the holders thereof, or their legal representatives, on
and after Tuesday, the Fifth of February next.

A.HI>

Orders O'ccuted at the Cotton KxchiinKes In Noir
York and Liverpool, and advances made on Onltoa
and other produce cunslKned to us, or to our correspondents In Uverpool, Messrs. B. Newaaaa ft Co..
and Messrs. L. Rosenheim ft 8ons.

$12,97li.312 47

BIX PER CENT INTEREST on

COFFEE

204

slgnments.

14. 1842.

SlOl, 148,248 25

-

KXCIIA.NOK PLACK,
riJE COTTO.V.

PHODVOE EXVIIASUEH.

YORK.

ISSVES EVERT DESCniPTION OF
LIFEd: EN1)0 WMENT POLICIES

00
79

CO.

LIFE

Factor*

Up-towk offiob. No.

new

THE3

Bank and

Amount

..

43U,8T« 46
479,983 98
business written In 1883 over 1888,
87 per cent.
GOOD AGENTS, do.-slilng to represent the Company, are Invited to nddress J. S. GAFKNUY,
Superintendent of AKuncles. ul Home Office.

Increase in

New

other Stocks
$8,666 795
I<oaD8 secured by Stocks and
otherwise
1,956.500
Seal Estate and Claims due the
Company, estimated at
425,(00
Premium J^otes and Bills Rccelvaole
1,588,306

Cash

1888.

Insurance Written.
Insurance in force
Assets

$1,901,042 38
of

TWO TEARS.

COUPAKISO.V OF BCSIXKSS FOB

New

-10

UEIIBEKS OF

OusTAVtis

Payments to policy-holders

from Ist

Iioates paid during the

Home Ofllce.

Absolute security, combined with the largest liberality, aisures the popularity and success of this Co.
AM forms of Tontine I'ullcies Issued.

1,539,232 58

Premiums

Incontestable

Death ClalTjs paid ut once as soon as satisfactory
proofs nre received at the

Premiiiuis uii ifnrlLe KUks from
I«t January. 1883, to3l8t I>e-

Total Marine

All Pullclea henceforth ls.ined are
for any cuu»e after three yOHra.

BRO'S,

AND
COniniSSION inERCHANTS,

T.

Mutual Insurance Co.,

LEIIXAK. DiTBa ft OO.
MoDtgomcrr, AlST

Co.,

Cotton

1S30)

C. P.

ft
I.«.

LEHMAN

& 2«8 Broaaway, New York.

261, 2«2

Orleans.

NEW YORK.

Special attention given to the purobase
Future Cuntracts.

and

sale of

WILLIAM 8THKKT, .NKW VOKK.
Hxch

Order.s in "i*uturcs" executed at N. Y. Cotton

Dennis Perkins

&

Co.>

COTTON BROKERS,
12S Pearl Street, New York.
Orders for Spot Cotton and Futures
executed.

promptly-

ESTABLISHED 1855.
EUGENE B. COLE, Successor

WALTER &KROHN, 8ears & Cole^
COTTO.V BROKERS,
63

BEAVER STREET, NEW YORK.

to

STATIONER AND PRINTBB,

BuppUes Banks, Bankers, Stock Brokers and Cor»
outflta of Aocoout Book*

pon^ona with oumplete

F.

Hoffmann,

COTTON BROKER AND AGENT
88 BI7E ]>E I^A BOl RSE, HAVRE.

and Stationery.
New concerns organlKing
ders promptly executed.

^~

No. 1

will

haTO their

otw-

MVllAAUm STREET,

(HANOyJEU

SaV^ABJB.)

THE CHRONICLE?

Tm

&

JOANS MADE ON ACCKPTABLB

INMAN,SWANN&Co

Personal attention given at the EXCHANGES to
the purchase and sale of STOCKS and BONDS for
cash or on margin.
DEPOSITS RECEIVED— subject to check at sight

COTTON MERCHANTS,

—with interest upon balances.

New

&

accounts of

COTTON
NEW YORK, LIVERPOOL AND NEW
LEANS COTTON EXCHANGES,
COFFEE
NEW YORK COFFEE EXCHANGE,

COTTON COMMISSION MERCHANTS,
No, 23 William St., New York.

Also orders for

at the

195 Broadway, New York City.
Company Isl Day of July, 1884.
»1.000,000 00
CASH CAPITAL

Office,

statement of

..

at the

CHICAGO BOARD OF

CORHE8PONDENTS
Edwards 4 Co., Cotton

Ijlverpool.

Messrs. Samuel H.

AND

NEW

Post Buildixo,

&

Rountree

PHILAMIEK SHAW. Secretary.
WM. CIIARTEKS, Assistant Secretary.
FRANCIS

and

rORK.

Co.,

gW

New

_

&

Co.

srccEsaons to
CO.,

COTTON COMMISSION MERCHANTS
CHESTNUT STREET,

PEARL

ST.,

New

NEW YORK.

New

New

York.

And General Coinmission Merchants,
St.,

New York.

Liberal advances made on cotton consignments.
Special attention given to orders for contracts for
fatnre delivery of cotton.

&

Henry M. Taber
141 PEARL ST., NEW

EURE, FARRAR &

&

H. CL,ISB¥

JNO. W. TCLLI8.

COTTON BUYERS,

Co.,

Tainter,

COTTON MERCHANTS,
PEARL STREET.

Co.,

losses

1,923,183 95
4.000,000 00

NET SURPLUS

93,269,457 85

No. a Cortlandt
JAS. A.

&

New York.

St.,

ALEXANDER,

North

Agent.

British

Mercantile

Co.

Ins.

OB

LONDON AND EDINBITRGH.
United States Board of Management

NEW

YORK:

SOLON Humphreys, Cli'r'n, (E. D. Morj;an * Co.l
David Dows, Esq. (David Dows & Co.)
E, P. Fabbri, Esq. Drexel, Morgan & Co.)
Hon. 8. B. CHITTENDEN
Ezra White, Esq.
J

James F. Wenman & Co.

J.

Abtos, Esq.

CHAS.

E.

WHITE, SAM. P. BLAGDEN
MANAamns

Offlee,

64 lYlUlam

St.,

New

York.

COTTON BROKERS,
No. 113

PEARL STREET,

Estiibllshed (In Tontine Building)

N. Y.
IWO.

have

•

taken Into partnership in my
Cotton business Mr. D. V. CARGILL, who has been
ine
for
with
a number of years, in the active conduct
of all the details of the same. The firm name will be
1

PEARL STREET, NEW YORK.

97

LAMPLXT.

&

COTTON BUYERS,

L^ 07n7nercial

this (lay

ALEXANDER

COTTON BROKERS,

&

a.

Tullis

QO-PARTNERSHIP.

rUBCHASE ONLY ON ORDERS FOR A COMMISSION

&

W.

EUFAVL.A, AL.ABAMA.

CO.,

MONTGOITIERY, ALA.

Geo. Copeland

No. 5

$9,192,643 80

1884

and re-lnsuranoe fund
Capital

H.Beede& Co.,

COTTON BROKERS,
and 7 W^ILLIAM STREET.

Special attention given to orders for the buying
and selling of Cotton for Fl'Tuhe Delivery.

YORK.

Advances made on Consignments of Cotton. Contracts for Future Delivery of Cotton bought and
Bold on oommisslon.

Waldron

CO.,

1,

for unpaid

Liabilities

Liberal advances made on Cotton consignments.
Special attention given to orders for contracts for
future delivery of Cotton.

Co., Jno.

COTTOIV.

136

Orleans, La.

&

William

»7,343,574 4(

OF HARTFORD.
Assets JanuaiT

Farrar
Jones,
PEARL STREET, NEW YORK.

132

:....

Company

Insurance

GRAVIER ST.,

NORFOLK, VA.

& Wakefield,
COTTON

84 Beaver

ST., 186

18M

.ETNA

ORDERS for future CONTRACTS.

Y'ork.

Tuttle

JOHN

PEARL

Bloss,

Order? for future delivery of Cotton executed in
New York and Liverpool; also for Grain and ProTislons in

123

1,

CHAS. J. inARTIN, President.
J. U. WASHBURN, Secretary.

St. Louis.

Mohr, Hanemann & Co.

OF

COMMISSION MERCHANTS,
No. 123

Chicago,

00

2,651.007 00
Reserve for Unearned Premiums
3,'i0,312 42
Reserve for Unpaid Losses and Claims.
I,»t2,055 04
Netsurplus

AND COTTON.

Special attention Given to the Execution

PHILADELPHIA.

Gwathmey &

OFFICE 119 BROADWAY.
$3,000,000
CASH CAPITAL

Wm. Mohr. h. W. Hanemann. Clemens Fischer.

Kade on consignments^

No. 116

York.

Company

OF NEW^ YORK.

Caah Assets, July

Special attention given to the execution of
for the purchase and sate of Cotton, Grain
Liberal advances

CLAGHORN. HERRING 4

Insurance

IN

jtnd Provisions for future delivery.

Edward H. Coates

& Co.,

Sec'y Local Dep't.

HOME

Brokers,

merchants

GRAIN, PROVISIONS

ANB NORFOIiK, VA.
mien

BURKE,

P.

Orleans.

W^ELLES BUILDING,

commiissioN

12 OLD SLIP,
NEW TORE,

NO.

New

Broadway and Beaveb Street,

MERCHANTS,

COMJHISSIOiy

Co.,

A. Kent

COMMISSION MERCHANTS, E.
16 and 18 Exchange Place,

Buck &

President.

W,M. R. CROWEI.I.. Vice-President.

:

Messrs. Smith,

COTTON FACTOR4S

2";6.4H6 tMJ
«o8.l)67 04

$3.»S7,676 65

and

NEW YORK PRODUCE EXCHANGE
TRADE.
the

2,(Wa,222 35

. .

STEPHEN CROWELL,

ORAIN AND PROVISIONS

& Gwynn,

.

Reserve for unearned premiums
Reserve for unpaid losses
Netsurplus

OR-

at the

& Co., GalTcsttn, Texas.

Fielding

Co.,

8 SontU William St., New York.
EXECUTE ORDERS FOR FUTURE DELIVER

AND

and

Phenix Insurance Co.
OF BROOKLYN,

COMMISSION MERCHANTS,

BANKERS

Jeniison,Groce

&

Henry Hentz

Co.,

INVESTMENTS
COUNTRY BANKERS.

Special attention paid to

York.

OPFEHKD ox TEKM9 TO SCIT.

Jemison

Sons,

BANKERS,
14 NASSAU STREET, NEW YORK.
RBKn^n OFFICES
r>»»T(^a! 13'-* Church Street, N. Y.,
BRANCH
j.^j^y Chapel St., New IlaTen

ECURITIES.

COTTON, ALL GBADKS, SUITABLE TO WANTS
OF SPINNERS,

S.

P. Baieh.

Arthur M. Haleh.

W. T. Hatch &

Cath Adtances Made on Omiiignments,
gPICIAI. ATTKNTION TO OHPKKS FOR CONTKACTS
FOR FUTPBE DELITBBr OF COTTON.

E.

Benry

Walter T. Batch.
Nath't W. I. Batch.

Stillman,

MERCHANTS,
Building, 16 418 Exchange Place
KEW YORK.

Post

23, 1884,

ptisjcelXatxcotts.

CottXTtt.

Cotton.

Woodward

[August

VV.M.

Augusta, Ga., July

&.

CARGILL.

FELIX ALEXANDER.

LJnioii Jns.LyO,
(Of LOXDON.)

1st, 1884.

Calling your attention to the above announcement,
we beg leave to assure you of our Increased facilities
for the prompt execution of orders, and careful
shipment of all purchases, and to solicit a continuance of your patronage for the new firm.

ALEXANDER & CARGILL.

ALFRED

PELL,

Resident Manag«r,

Cor. Pine

& William

Sti