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HUNT'S MERCHANTS' MAGAZINE,
REPRESBNTINO THE INDUSTRIAL AND OOJifMERCIAL INTERESTS OP THE UNITED STATES
VOL
;NEW YORK, AUGUST
43.
188a
28,
financial.
I^iuaiuctal.
D A M O N D.S
Bank Note Company,
I
YORK.
r«u««4 ItMk
u^r la., .f Mu. ml lOT lart,
mill"* ft*.
him
ril
I
&
Alfred H. Smith
The
•»-"»•»«
«»
»« iiJmI
mt tto C«a,Miy.
(X.
SOLID SILVER.
GORHAM MTg
M
AMD
Wark Kfrnrntt* U rUr^t^mt BaOila^
UTHOCUtmO MO TTff ftlMTIKt.
MAWat
9
aOOMLL.
Frii H wt
Tics-ntasiDsms
A. Sl •NEFARO.
TOtmO ROBERTSS&
W. H. (MILLK.
Street,
FREEUND.
H.
SKt>>iitfTl<
P.
IvrraA. PiOT-L
J.
W. Woiu.CMkMr.
Maverick National Bank,
BOftTOW.
COLLBTTIONS mada
S40«,000
«oo,o««
Co.,
la
aar part uf th« euantrr
Baiika, Marchaau aaa
lowaM niaa. Aeooaalaof
otaa
w aui
lct lwl
Mliiiliiili' Natloaal
Baak aaiilaak a* Noctk AMr>
<^'oMra NaT-
Sh^Mltyj?!' y,*!!**"*'^"''**'-
MaMaiaM. r.aad PkOaaalfMa
OArrrAL,
tIBPLUS,
H. Taylor
L.
BbMfe Raahaaaa*.
&
Co.,
BABKBB8,
. W. Cor.
Floyd- Jones
&
Robison,
AlfKKRS AND BROKKKB,
No. S Kzckaaco Coart,
Bloaka,
Bond* and O.
Boacbt aad
WN.
rLor»JoiniL
c.
I
J.
19
1.
York.
OoranaaM
M4 no OnwMHtaa.(mailllii
wnxiAa RoHsoa.
ila« Y<if> muJ^Xmmi^
A. Kohn
BKOAD
Now
&
Co.,
BT. (UlLLa BctLDUHt), N. T.
Maaban of !(•« York Bloat Raafeaiiaa.
Bzooato Ordlera la lloaja, Btocka mad
Porvlsa Kzclianca.
Priaa lavaataaaat Baarfa m Mpaclalir.
ilero la tocelUaooaa Soearttloo.
TINKER * WESTON,
BABKKBfl AJTD BROKERfl,
a. »
Hoar Tork.
Banrr C. Tmcait. Maaaar H. T.
XOBAIfOB OODBT,
D. Probst
SS
TB9V,
.
n. T., Bo. 17 FIBST BTSXET.
aaakanklpi prtraUwirai aO «"*"H-w.
&
Co.,
KXCHANGK PLACK.
la LoadoD.
Tklrd aa4 Ckaotaat
Slo.,
rHILABKLPBIA.
DaxwtU
C. Walcott
J.
Co.,
No. S4 PIna Btreat, New York.
TraasAct a tieneral Banking Bnslaesi^
Sloaka aad Booda boaabt and told oo Commlaaloa,
la Mioioc Btaeki.and la Uollatad
aaarttlaa. CotiaoUuna niada and loani iimmialail,
DiTldaoda and Intaraat oollaotad.
DapoalU raoalTad aabjaet to braft.
latanal aliowad. Inraataant aearlUaa a apaetalty.
Waiaaaaa naaaalal Baport waaklj.
Ordan laaalTad
Walcott,
Joa. C.
Fbajtb
I
r. IiicKiitaoa.i
Maabara of tha Naw Tofk
~
r
'
'
raealrad rabjaot
-
InlaraM ailowar*
Slaaka. B^ndi, Ac., boat
10 inuladalpU
Paftlaalat attanUon bt«o«o IbB>
loTaauBanC aaoafiuaa.
J.
P»lTaUwtratolla«Yor>,Baltli»aaadot>arplaaaa
Chrystie
&
Janney,
BAHKBBS,
*
Ifeo. «S
*• Bi
BaeatT* dapoaltf aad
,
Hoar T4t>h.
, of Baaioo.
Daal In InT—taiati t
aad roratan
jhaDaa and InTllaeom .
aUantloa
alrao
Paitiaalar
tolnfaraaUaa raiwdliw
>•
Rolston
20
&
Bass,
BROAD STREET, NEW YORK,
BTOTKB, BONDS
AND BIBCKLLA >iBOUB BKCVBITIBS
ODrraaaaadaooa •oUottad.
QBotottooa ahaarfanr farnlabad.
Wn. H. BoLaroir,
w. Albx. BAaa, Jr.
BMnB K»«B%a.
Mawaar W. Y.
tmmw Howaan Latba>, r»DaauoK W. pbhiit
H. Latham
&
Dealer la iBvestBeat Secnritles,
Mo. 7 NASSAU BTRERT,
(OoaUadatal BaUooal Bank BaUdloff
Noar Tork.
Albert Pearce,
IS
4c
18
BROAD
ST.,
BROEBB IN ALL KINU9 OF INYBSTMBBT
BONO& MIBCKLLANBOUB BBCURITIBB
AND DBTAULTBD BONDS
CORBB8PONORNCB BOUCITBD.
Howard
Lapsley
&
Co.,
BANKERS AND BROKERS,
74 BBOADWA V aad B NEW STBKKT,
Near Tork.
Co.,
J. CWITED BABK
building.
No. S WALL 8TRBBT, NBW YORK,
IMnnct of Ck>lBBiMa
Bond* aad roratan Kxohanaa.
Oonaapoodaaaa Bollalt ad.
Clir. Ooaatr. Ittala. Railroad,
L. Robertson,
BOND AND STOCK BROKER,
---nt (Wcarlflaa
Bo.
&
BANKKRl) AMI BROKBKK,
Maaibar of N. Y. Block Rsehann.
STOCK BROKER.
Lansdale Board man,
HBW VOBK, 80 BBOADWAT A 5 HBW 8T.
Securities
NmBBIU MBW YORK STOCK KXCIIAN-OB.
Kzoeato ordora oa S(o«ka aad Boada
NEBB8.
HILirACKBK, WIS.
at
AAA
ill.,
Proprietor^
Jr..
BA
1 lUCDOMUSH,
TNEO.
&
Bros.
Agency,
Chlcaso,
Lanca Ubrary of Railroad Docaiaaata.
Cuiapolant aipvrta.
CoBdanllalBaPoita.
Modcrata Cbatwa.
J.
Houghton
ILL.
ANSWBBB IKgUIRIBS CONCER.NINO
BAU.WAV TICVrTA or IMPBOTEP
«U«T 9.
SCCDDER,
L.
LAKK.
SIANK SOOKB OF EVERY DEaCRIPTIM
St.,
American Stock* and
.Co.,
Broadway and Nineteenth
SAFETY PAPERS.
SAFETY COLORS.
Investors'
334 La Salla
•
4
HEW YORK,
(»TKBKT,
CLARK STRVKT. CHICAGO,
34S
Foralcn Co««rnfn«nta.
<
WALL
11
A.10
BONOS, rOSTACE A RCVCNUE STAMPS,
LEOAL TCNOCK AND NATIONAL SANK
NOTES of th« UNITED STATES; and for
INCIUTIMC A.N-D FRIirnXa
kAXK jtarra, miake ccirririCATKii SMras
roil i;of f KM«E.Tr> Asm c«KP«KATM«a,
»iiArT>.
HRCKM, Biixa ar kxcsaxs^
WIA.Uf», Ac, la tiM tm^t
mmH wUM'
rB*ll STEO. FLATBi^
Co.,
Mamban N. Y. Sloek Kzctaaoaa.
Co.,
182 Broadwar, Cor. Joba Street
EtfcaAvcBs Ajn> Pximiijes or
&
BANKERS AND BROKERS,
aiPORTERS,
ItM.
I.B.WAoaomB.
B. u. KaitBaoN,
Frank C. Hollins
.
78 TO 86 TRINITY PLACE,
Mlai.i
1,105.
^iimiucial.
r.CHoLUXs.
AMERICAN
NEW
NO.
W. H. Goadby &
Co.,
BANKERS AND BROKEKB,
No.
M BROAD RTBKBT,
Near Tork.
THE CHRONICLE.
li
gaulievs auil gyaiucrs of
&
Morgan
Drexel,
Drexel.narjes
Co.,
& Co
JMXBBTIO AflD POREIQH BANKERS.
Dapoaiu received inblect to Draft. SecuriUea
kount and KjM on oommlsalon. Interest allowed on
Saooalts. Foreign Exchanite. Commercial CredlU.
Letters for Travelers,
cSl* Transfers. Circularworld.
mnUlmble In all paru of tlie
M. Kollinchlld dt Hona, LondOD.
de Koihschild Bro^, Farlti.
31. A. dc Uothitchlidi&lSonB, Frank>
"
"
AND TBZIB CORBE8PONDKNT8.
Draw Bills of Exchange on, and make Cable Trans
fers to, En gland, France and Germany.
& W. Seligman & Co.
J.
Brothers
NEW YORK.
Phlla.
AND
ALEXANDER BROWN
&
Co.,
Boston.
tc
No.
Exchange and make Telegraphic
Transfers of Money on Eurore and California.
Draw
Available In vaj part of the world. In Francs for
Martinique and tiuadaloupe, and In dollars for
53 William Street,
ua In
H« In this und adjacent countries.
make Teleicrapblc Tranorerni ofltloney
Betivecu thla i^ountrjr and Europe.
AKECOi.L,ECTI(IN8 OF DRAFTS drawn
all points in United States and Canada,
drafts (IfHwn In the United States on
f oreigD countries
and their LoDdmi bouse, Messrs. BROWN, BHIPLET
4 CO., receive accounts of American banks, drms
abroad on
and of
&
&
Stuart
J.
New York.
Accounts and Agency of Bi.nks, Corporations
firms and individuals received upon favorable terms
Dividends and interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends also as transfer agents.
Bonds, Btocits and securities bought and sold on
;
commission, at the Stock Kxchange or elsewhere.
Sterling Exchange and Cable Tramifers bought and
sold.
upon favorable terms.
S3 *NASSA17
Bills of
John Paton & Co.,
SUCCESSORS TO
JESrP, PATON & CO.,
IN STEBLISa,
J.
DRAW ON
Co.,
BRITISH LINKN CO. BANK, LONDON
SCOTLAND.
STREET.
Maitland, Phelps
EXCHANGE ON
PAITNE
Sc
SMITH'S,
•
niTH,
MANCHESTER
&.
&
BANKERS
LONDON
COUNTY BANK,
"LIMITED,"
&
22
BILLS OF EXCHANGE, LETTERS OF CREDIT,
TELEGRAPHIC TRANSFERS OF MONEY
ON MEXICO, CUBA,
ALSO,
CABLE TRANSFERS AND LETTERS OF CREDIT.
J.
Kennedy Tod.
U. O. NOBTBCOTE.
Co.,
No. 32 Naaaan Street, New Yoik.
Ro. 4 Poat Office Square, Boaton.
J.
-CSKDrrS OPENED AND PATUKNTS
MADK BT CABLE.
Parla Honae— nirNROE Ic CO.
63
BANKERS
luternatloual Bank or London
(Limited), London.
Beaara. Jotan liereuberg, Goasler&Co.
erican, Canadian, British and Dutch markets on commission. Collect dividends, coupons and foreign and
Inland Drafts.
Unger, Smithers
&
New
Orleans
^^
Geo. H. Prentiss & Co.,
No. 49 WALL ST., HHW YORK,
BANKERS AND BBOKEBS,
Members of the New York Stock Kxchanse
in FuREiaN EXCnA-N'OE, UUVEBNMINT
inONTAGVE
308
Kidder, Peabody
&
BROOKLIN.
AND
Street Railroad Stocks
Bonds
and
AND ALL EIND8 OF
DEALT
IN.
BHB OAS QUOTATIONS IN THIS PAPBR
W. Walsh
Geo. H. Prentiss. W. d. Prentiss. W.
N.Y.Stock Exch.
LOMBARD INVESTMENT
Payable Seml-Annnally in Neir
York or Boston.
For sale by
J. B.
IHcGEORGE,
No.
No. 96
CO.,
London
20 nrond
BROADWAY,
RAILWAY STOCKS,
CO.'S
TELEGRAPH
Bank
See
Sii-eet.
DEALER IN
TRUST
113 Devonshire Street, Boston.
BARING BROS. &
CO's
UNDOUBTED SECUEITY.
Interest
Co., CITY
FOREIGN BANKERS,
Nassau Street, New York,
Messrs.
ST.,
GAS STOCKS
Exchange on
ATTOENEY8 AND AGENTS OP
Co.,
Grant
Ohio Central (River Dir.) Old Ists
and Incomes.
J
1
Land
Pacific
Bonds.
MELVILLE, EVANS & CO.,'[LONDON.
Unvnnw
C. J. HAMIiRU dt SON,
MARCUAKD, KRAUSS Sc CO.,\v%t,jti
PARIS.
HOTTINOUER, & CO.,
Commercial and Travelers' Credits.
Bills of Exchange.
Cable Transfers.
Georgia
Railroad Co. Scrips.
Six per Cent Guaranteed Western City
and Farm Mortgages.
Offer Inveatment Securities.
Buy and sell bonds, stocks and securities in all Am-
llaiubur;:.
eaara, Harcuard, Kraosa Sc Co., Parla
Co.,
Act as Agents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreign and domestic
travelers' letters of credit in pounds sterling & dollars.
YORK
COKKESPUNDENT8 OF THK
&
WILLIAM STREET,
Sell Bills of
S9 'WILLIAM STREET, NEAT
&«., dtc.
BANKERS.
Ruckgaber,
&
East Tennessee Tirginia
Member
ALEXANDER BARING.
Member N. Y. Stock Exch'ge
Kennedy Tod
No.
Use
EzchanKe on London, Parla, Berlin
and Znrlcb.
&
Pacific Railroad Co. Scrips
BROOKLYN SECURITIES
YORK.
EDINBURGH AND BRANCHES;
Schulz
&
Texas
KIRK.,
&.
GAS SECURITIES,
HATIONAL BANK OF SCOTLAND,
Circular Letters of Credit for Travelers'
Abroad aguinst Cash or Satlsfactor}
Uuantnty of Re^paymrnt,
Son. London.
&.
BROAD STREET.
4
24 ExcUanse Place,
New
BELFAST, IRELAND;
AND ON THX
iMoa
Hambro
TOBEY
Co.,
AND
VL8TER BANKING COHIPANl,
&
ALL PARTS OK THE WORLD, ON
Messrs. C. J.
AND
AND
COMMISSION MEECHANTS,
MANCHESTER, PAYABLE IN LONDON
John Munroe
ISSUE COMMERCIAL CREDITS, ATAILABL1I
IN
THE UNION BANK OF LONDON
BILLS OF
BA>-K£B8,
BUY AND DRAW BILLS OF K.TCnANG«.
MAKE CABLE TRANSFERS, ISSUE TRAVEL.
ERS' CREDITS.
tralia
Bay and Sell Bills of Exchanere
IRELAND, FKANCB
ON GREAT BRITAIN ANDHOLLAND
SWITZOKRMANY, BKl.OIUM.
KRI.AND. .NORWAY, DENMARK,
SWEDEN AND AUSTRALIA.
f sane Commercial &. Traveler*' Credlta
indlvldliale,
FOREIGN BANKERS.
special InwjcstmjeutB.
Neiv York.
Issne Letters of Credit for Trayelers
On SELIGMAN BROTHERS, London.
SEL10.VAN FREUKS & OlE, Paris
SKI.IO.MAN * STKTTHEIMER, Frankfurt.
ALSBEHG, GOLDBERG & CO., Amsterdam.
ALT.YAN i. 8TETTHKIMER Berlin,
Payable In any part of Europe, Asia, Africa, Ausand America.
SONS
BALTIMOUB.
and
BANKERS.
23 BROAD STREET,
NEW YORK.
Exchange Place,
Cor.
fflevara. N.
ATTOBNrrS AND AOKTTS 0»
HeMra. J. 8. nORGAN & CO.,
Wo. 22 OLD BROAD BTREET, LONDON.
Brown
In all
tbrouxh
parts of the
Ickelheimer & Co.,
WILLIAn STREET,
29
tort o\in.
8. BI. de Rethachild, Esq., Vienna.
PARIS.
PHILADELPHIA
Co., Heidelbach,
No. 12 Plue Street,
I88UB TRAVELERS' CKKDITS, available
World,
UaaHmum,
Cor. of Sth ft Cbartont SU. SI Bonlerard
&
BANKERS,
NEW VOBK.
&
|^0vetfltt ^xcltattge.
Co., August Belmont
WALL 8TREET, CORNER OF BROAD,
Drexel
[Vol. XLllI.
STOCKS
STOCKS,
Stocks, Insurance Stocks.
my quotations
In Saturday's
of Trust and Teletrraph Stocks
Evening fo«f and Dnilv Indicator,
COmmERCIAL CREDITS,
Idempbls & Little Rock RR. Bonda,
inisa. A: Teun. RR. Bonds,
STEUMNG LOANS A SPECIALTY.
Carolina Central RR. Bonda,
44 Wall St. and 63 Greene St., N. ¥. Cable Tbahbfeks and Bilia op Exchanob on
Ga. mid. de Gnlf Railway Bonds,
Bay and sell on commission, for Investment or on
Bianrtn, all securities dealt In at the New York Stock
Great Beitain and the Continent.
Atlanta & Charlotte A. L. R'y Bonda,
BxcfaanKe.
raemplils & Cbarleston RR. Bonds,
.
DKALCBB
AND
OTIIKK INVEHTMK.NT BONDS.
Canadian Bank of Commerce.
Capital, te,ooo,ooa
J. H.
Sitbplus, $8,100,000.
(JOADBT &
B. E.
JOINT AGENTS,
WALKER,
1« EXCHANGE PLACE, NBIT YORK
BUY ANDBKLI, STKUI.INO EXCHANGE. v--"!^"
CABLE
TKA.V^KKKS, ETC.
IBSUB CpMMKIlClAI, .UKDITS'
\»
.
AVAILABLE
ALL PARTS OF THK WORI^r^
Circular Credlta for Traveler*.
HOVNTZE BROTHERS,
BANICEK8,
120 BROADWAY, Equitable Building, New York
LETTERS OF CREDIT AND
CIHCtJLAR
And
IHlscellaueous Securities,
BOUGHT AND SOLD
B7 R.
NOTES
Issued for the use of travelers in all parts of the
world. Bills drawn on the Union Bank of Ltuidon.
Telegraphic transfers made to Lond(m and to various
filaces In the United States. Deposits received cnbeot to check at sight and Interest allowed on balances. Government and other bonds and Investment
•ecorlUea bought and sold on commlaalon,)
LF
A.
LANCASTER
&,
CO.,
10 \rall street.
YOU WANT TO BUY OR SELL ANY
PUTS OR CALLS ON STOCKS OR BONDS
write to, teleifraph to. send for, or call on,
n. W. ROSEN BAUM,
60 Exchange Placfi New York.
AucrcST
THE CHKONICLE
23, 1886.]
Saulsers and jBrokcrs tn
JAMM
B. citneiB UAJCLMT.
Whitklt.
Prince & Whitely,
BROADWAY, IfB^Rr YORK.
Ho. 64
__ _,_ „„,__, J IS* Fifth At*,
II«w Talk.
BoT tf mD oa KiMilld* >U nlmn ot Uailnut
Baenntit •: alM Onia UDd PtdtMoiu.
to PhUadalphl*. WUbIbc
PrlTXe Talacnph
ton. Bait mor*. Wuhloaton, Brtdc«pon, N»w HjtTCa,
u
_
wtm
Botmi and Pltuban.
Fred. H. Smith,
BANKER k BEOCER,
Ro. SO BHOAD MT., NBW YORK.
T mmt Mj rnnr n tmtma* tmjfi
laMaaoam bIimh
stooka koaciii la I
•ltb«r for CaZarnB Marsto
No. II Wall
St.,
Cor.
'^orU
Holt,
BANKERS,
New, New
Clttj.
Geo. K.
DKP08ITB
a QKNERAL BANKINO bulnaaa.
raoalTad and INTBRBST aUowad on
balanoea.
OOVERNMKNT. MDNICIPAX
Bo; and aaU
and
RAILROAD
SaeortUaa.
PrlTaia talacrmpn wtraato ProTtdooea and Boatoa
O. B.
TALNTOR.
Q.
C.
OBO. H. BOLT.
D. L'BDILIBR.
York.
BROAD
18
FIRST-CLASS I!«TESTMENTS^
Bny and sell on CommlMlon, for casta or on margtm
aU McortUM dealt In at the New York Stock Sbfttianjit
Intereet allowed on dallr balanoea.
All depoalU sabject to check at aiffht.
Partteolar attention to orders by malt or
H.
BANKKRa.
TS
NEW TORK.
ST..
annaral Panklaa baatnaai, l»ehidln» tha
parahaaaaad aaia uf atoeka aad bonda foraaah or oa
wargta.
Dcwi.xa. Clauk ncwiico. P. T. Bo.vtbcoc
csAf J. ToimMno. LAsnxa C. WAasBCB*. BIKAM(MaBbor
ol Naw Totk Stock Kzehanca.)
MoaiMr N.T. Scoek Kzehansa.
A
H. Dewing & Son,
Washburn, BACKERS A\D BROKERS,
TumaisD,
Townsend
New
BANKERS AKD BBOKERS,
WaU
Now York.
Mrao«,
fioek* mat Boa* Bawkiaa4
lof e—a OT oa i»lii
No. 6
•a |lT«a
Bold ca
O iiiM H ^Il
^ ._
to Vwma* acamia*.
No. 18 Wall Mlreet,
York,
aieahaaad Bnoda BowiMaadSoMoaComailaatoB
ParW aa lir attaotloo alraa to lafofoatton rasardtaa
laiipiaiiit aacantiaa.
*
If taraataant
Iowa Loaa A Traai Co. a par eaot Debautui aa
I
T.
ClABUMir. Cox
CAauua.
Moabw M.
r. Btoak Bsabaaa*.
&
Carolin
Cox,
Baakara 4k Coaiailaatoa
KO. U BKOAUWAT,
Bfaaok 0««a, aiA MadUua AT, aor. «•• BU Row To*k
ilakt. aa«
PMOiiX lOBOtH aaklaat to thaak
tauraiaitowad oa MlTiialaaoaa, AUBIookaaaa
iaoanuaa daali la at tko Haw Tork Bloak Bsakaaaa
koaafet aad aoM oa Oaaalaaloa, for Caaa or apoa
>
Mantts.
&
Gilman, Son
Co.,
BuSTOS.
Elliman,
New York,
triRST-CLASS BONDS FOR INVK8T>
BIKNT A SPECIA1.TY.
1
8 W^all Street,
InTeatora wlahlac to Bar or Ball are Inrltad to aa
or correapood.
Bar and Ball on OoamHalon (or Caab.or on Manrlib
BtockaillniMlidaalttnattAaN.r.Wook Baeh.
Co.,
A. Dutenhoter,
BROKER
AMD
Dealer In MlBcellaneoaB Secarltles,
MILLS BUILDINO (8d PloorJ
AUBTDI O. OoaaAM.
Chab. W. Tubbbb.
Cbaa a NOBLB.
BoomaKABB.
MatDber N. T. Btook Bxeh
S3 WALL HTBKBT.
BTATB AND CITY BONDU Ot UBOUUI A, ALACV
CKNTHAI. KH. A BANK.
BBCUKITIBa
OP
TUB
Davis
Co., WG CO. OP OBOROIA A BPBCIALTV.
&
John H.
BANKERS AND BROKERS.
Do a adrlrtlT Ooaiialaaioa Baataeao
SnrocKS, BONB* mu* URAIN,
WIU
WALL
rr^
Inraatora wtahtaa to bay ur aall ara Inrltad to aaO
Proaapt aad par aniial attaaUup alraa
i i aa uon d.
loallocdara.
arao
la
CHICAUO, BALTIMORB.
PrlTata WIraa lo
No. IT
CBOAR BTRBBT.
&
Buttrick
BANKERS AND BROKERS,
ilia BoUdlnc, 35 WaU St., New York
KUU.AX>aXJ>IUA aodlatanaedlata
BANKERS.
Ho. ••
&
rHlUkD«J.mA.
\
DKVKN8 A TCCKKHBAN.
all
Gorham, Turner
Wa.
Co.,
«
OoKBBSPoicoKirrs
^"^ Un!i. fclKKKN* DY.-
BpocUl Partaar,
&
teli
BROADWAY, NEW YORK,
T4
.
Jso. P.
&
B. Hollins
tha N.T. Block KzehaBca)
In
BANKER AND BROKER,
A
DKAXJtRS IN
Turner,
J.
(U Taan' Mambarahlp
Sons,
Sistare's
16 A 18 Broad Street, New Tork,
121 Soatb Third Street, Ftalladelphla^
York. Coonaotad br FrlTate Wire with lu&iu ufflce. New
TBAN8ACT
16
i.W.BM.1 FtwI—M fc^aaaa. Waw Tor*.
&
Taintor
Matxabp&Btbb.
Bnnir u. Doimii, WMhlBstos, D. O.
« M. R. TuAVKi 1, Bpaeial Psitoar.
JIjciu
Ul
Potata.
HBW YORK.
&
Simons
Chew,
STOCK BROKERS,
S BBcbaaca Caart
li»oadwa7> N.
Si i-i
S
Moeka, Bonda aad tlaltad SlaMa OOTanuaaiL
iaeanilaa Boocbt aad Bold oa DnaiBilaaloii
Bbtbblt
jAb. D. Buiuaa.
Maaibar N. t. Moek Bzehaa«e.
'
Maaibar X. T. Prodaoa B»
WAiaroa U. Baowa.
HaaacBT
Baowa.
P.
(^
Walston H.Brown & Bros
BACKERS,
n:
New York.
a Oaoaral Baokliw BaalBaaL Inelndlnc
aad tato of 8TOCfiSaadB(
BOMlHt (or
a
Co.,
NEW YORK.
PINB arrREET.
81
STREET,
IS
lo.
&
Huestis
Bar aaA
Sell
rrrcaaoaa to
A, DAVIS.
WOOD
llatad at
OBoaOBa W<M>brC. B. UOWTIB.
R.
L.
M.
&
Kimball
tAa
Haw
laTeotaieBt SocarlUe*.
BOX (AM.
M. KiODBB. Watlamd Tbabs. B.
A
64 Broa4waf
New
IS
W.
C.
&
Cahoone
St.,
Naw Yoi*
Wescott,
18 Wall Street,
p. O.
A.
Stewart Brown's Sons,
STOCK BROKERS,
'
BANRBRS AND BROKBRS.
Vxaoota uta»n m all aaeartuaa
Tor* Moak Baakamca. r»r Mala
Co.
BANKERS,
WALL
so NAaaAi; btbrbt,
VBW TOBK.
Wood,
Cbbw.
J.
Moaaa.
Uiix.
Kzaema Orden
to
all
New York,
DeenrlUaa Uatad
«•
NBW TORK STOCK KXUHANQB.
^naetal Attaotton airan lo
l3ooJi|«
UoTcmmi
•'
* other iBTeBtment Bob4s
I
corraapoodaoca BoUeltad
8WAN.
&
Co.,
Co**
Simon Borg
No. IT
NASSAU
Co.,
NBW YORK.
6c
ST.,
A H K B KH,
DBALKR8 IN ALL KINDB OP
H BieoJwar. ear. Kxchaaae I'larr, N. V.
Bco
Braaah
O
. !M1 l>a Italia Hi.. Chlraca,
sad IsTeBtnient SernrlUsst
Rsllrosd
ITTaan' If mbonklp Naw Tork Bleak BntaMa.
BA.*«KI.S<1 BUKINKSH.
TBAMBAOT A ORNRHAI.
Maaiboo PkUaOalpkla BCucfc BaekaMa.
INOUIDQIO TIIK PI Kc'IIA;<R A.VIi bAl.K OK
BolTTnRM BBCVBrrtB* A 8PBCIA1.TT.
Koo. 1« A IS mt»m* Mrooi, Mow York. BTOanjJn) BO.NIIH KOii l'A^<ll UK "N MAIiBar and aall oa aoaalaa-ia. for laraa aator qa OdfelOTANK 8BLr. I.NVBMTMRNT -BTIHI»*f»in. all aaca nt taa daalt la at taa W. t. Bioak JaaK l^RnUriKBBT AI.IA)WR(> ON DBP061T8
L. Grant,
Hwasar J. Kiaaaij,
Aumn> B, liotnnasBT SUlMUt TOCBBCK AT 8IOIIT.
J.
BANKRB8 AND BBOKBB%
f
P. O.
w.
II.
Bdwabo p. ALuao
Dicaisaoa,
N. r
Mankar
xataiaa.
Dicki^^on & All ing,
BANBRRM AND BROKBRS,
No. 3U Plao Mrecc,
Bbj and Mil
at
New York.
T. (Hiiok Bxcbaoaa. for INor oa MAUUI.M.all elaaaaa e( Blooka
aoa allua lalaraat oadaeoMiklBkJaatto
nUTUHSn
wABnoOa.
D. A. Booirr.
."«.
Box
—
447.
c.
w. mclbllab.s
RBraBxLn^Aiip.
9iW§alUdag^
BANK
UNITED BANK BVIILDINO,
Stree*, eoraer Broa4war.
BOKDa d 00U3IKK0IAL PAPMR.
Wall
trOOMM,
Btoakaaad Boada kvaakt aad
Hamilton
&
'iiloKRRj),
Ho. SC Fl
1
!
<»
Aaaooni.
r ,.
._-.
Bishop,
I.
- k
.
.
NBW
VOHB.
Raehanaa.)
.»ra aod oibar* raoaiTad
atNowTori
kealnaaa
& Floyd,
STOCK BROKERS,
Walsh
BROAD BTKEET, NEW YORK.
W. WAIA>.iB.,
KIOOLL PLOTD. JB
No. 26
Orawooa cn* Beat ef
lio i
i— ti laawto to
aatt.
aol4 on
Btuek Bzabaaaa. AdTan<
nthar •aaamto.
aaliai ai»l
JA1IB8
H.
No. 14S
BROADWAY,
NBW
YORK.
CITT RAILROAD STOCKS * BONDS
BODOBT AMD BOLD.
mr Rallmwl. in 'hi. aanar.
Kaa OnntalJna. nf
E.
S.
5>e
Bailey,
PINE STREET.
UKAUauS
I.M
INSURANCE STOCKS
A SPECIALTY.
r^ah paid alopca for tbo aborn aecnrlt'aai orthav
WIU Lia auiu MO comnitMitun at aeller'. uptwin
K. Ta Wilson
Ofc
Coa,
BANKERS AND rOMMIBBION MERrHANTB
S KAcbauge Court, New York.
THE CHRONICLB.
IT
Canadian and yoreign
Bank of Montreal.
OAPiTAi.,
•
-
-
SDBPLVS,
-
-
.
a
8MITHERS,
F.
W.
Noa.
»ia,ooo,ooo cold.
»6,000,000 Cold.
.
Prcaldent.
General Manager.
BUCHAUAN,
J.
SEW YORK OFFIOS:
59 * 61 WAI.I- 8TBKKT,
Bankvereeniging,
B. W. BLIJDENSTEIN & CO.,
AlBSTKKDAM, - - - - HOLLAND.
In
anr
and make Collectlon» In,
DomlnloDOf Canada.
1881.
CaplUI folly paid up.7,203.9as Gnlldera (»8,881.57(>-)
(»385,287-)
913,0«2.8»M •'
tteaorveFund
\
aralUble
Hong Kong & Shanghai
De Twentsche
WAI.TKB WATSON, "*
Xgent».
i
ALKZ'H LANG,
Francs and Cable
Bar anil 8«1I SWrllmt Kxchnnite,
Credits
Trmnsteni grant Commorclal and Travelen!'
part of the World! iMue draft, on.
and ganfecrs.
FORE ION.
jBanfcg
B8TABUBHKD
Lomdon-B.
W. BLlJDiiNSTEIN
No. 55
Botterdam— DB
A
C
56 TUreadneedle
Wi8SEi>-en-ErFECTKNBAx.i
A
W. BLIJDEKSTEIN, JR.
.ODdon once. No. «» Ahchnrch Lane. Enacbede-a
Almeloo-LEDEBOER A CO.
Merchants' Bank
OF CANADA.
$5,799,200 Paid Up.
$1,500,000
Capital,
Bcserre,
OFFICK, IBONTHKAI..
General ManaKOr.
GEORGE HAOUE,Assistant
General Manager.
J H PLUMMKK.
BBAD
BANKERS:
,.,...
Bank (Limited.)
LONDON. BNO.-The Clydesdale
of ''e''.^"";^; 5,- S;^'
IJBW YoVlK-The Bank buys
^r
Exbtorling
and sells
The New York Agency
Issues cred ts aya, able in
-"•rcTibleTrBhsfeii.
inCanada
STptfUof the world: makes collections
«t »ny,^
IndSsewoere and iKiuee drafts payable
"e offlce. of the bank In Canada. Every desonpof foreign banking business undertaken.
Uon
Ne4V York Asency, No. 61 Wall Street.
HENRY HAGUE,
{Agents.
^*°'"^°J OHN B.
HARRIS, JB-
1
NEW YORK
Mflsara.
Bnyandaell
Nkw York and
BROTHERS
Heinemann
WALL STREET.
issued In Poy,"?' SJfg^JK
CO.llWEKparts of the world.
for use In Europe,
New YorU
&
Co.,
62 Gresham llonse, E. C,
LONDON.
Solicit accounts and agencies of Banks, Railways
Corporations, Firms and Individuals upon
favorable terms; also orders for the purchase and sale of Bonds, Shares, Ac., Ao. on
BUta ooUeoted and other banking business transaoted.
D. A.
Imperial
np),
.e„t.
»1, 500,000
-
-
the Stock Exchange.
Interest allowed on Deposits, subject to BO-days
sight drafts, at Bank of England rate, and
one-percent below tliat rate subject to
demand
»500,000 Negotiate
UOWLAND, Pres't.
HEAD
.
Bank of Canada
CAPITAL (paid
SURPLUS,
8.
MCTAVISH, )
D. R.
WILKIE,
drafts.
Railway. State and City Loans.
Cashier.
OFFICE, TORONTO.
Falls
Dealers In American
Agents
In
oar
BOISSEVAIN
Bi.AKR.
F. B.
The Guarantee Co,
OF NORTH AMERICA.
;ash Capital
ȤSS-SSn
Assets and Resources
S^X'iSc;
240,000
Deposit with insurance Department
Vice-President;
President:
Fkrbikb.
as.
Hon.
J
Sir alkx. T. Qalt.
Managing Director Edward Ra wlinos.
.
;
NEW YORK
NO. Ill
OFFICE:
BROAD WAIT.
D.J. TOMPKI.VS, Secretary.
Nvw York Directors— .losepn W. Drexel, A. L.
aopkins, H. Victor Newcomo, John Paton. Daniel
Torrance. Bdw. V. Wlnsiow, Erastus Wlman, F. P.
Olcottand J. E. Pulsford.
FIDELITY
Nob. 214
A
216
A;
CASUALTY
CO.
BROADWAY, NKW YORK
C!ash Capital, 1250,000, Invested in U. S. Gov't Bonds.
t200,0(i0 deposited with the N. Y. ins. Uep't, for
the protection of i'olicy-holdera.
Assets, January 1st, lbS8, $590,500 42.
Officials of Banks, Railroads and express oompaoles, Managers.Secretarles.and Clerks of Public Companies, Institutions and Commercial tlrma, can obtain
BONDS OF SURETYSHIP
from this ('ompany at moderate charges.
The bonds of this Company are accepted by the
courts of the various States
CASUALTY DEPARTBIENT.
Policies issued against accidents causing death or
totally disabling injuries.
Full information as to details, rates. Ac, can
obtained at head office, or of Company's Agents.
be
Wm. M. RiCHAHus, Prest. John M. Crank, Seo'y
BOB'T J. IIILLAS, Ass't Secretary.
DIRECTORS;
W. Q. Low,
a. G. Williams, David Dows,
J
L
Rlker,
(4ft O.
A.
S.
Charles Dennis,
Alex. Mitchell,
Barnes,
H. A. Hurlbut,
J.D. Vermllve,
S.B.Chittenden.
Wtt M. Hinhards.
H. Coe.
Railway Share Trust Co. The Investment Co. of
and
Gait, Ont.
Currency Sterling
A
London
Agents
Philadelphia,
(LIMITBD),
Exchange.
New York
In
Lloyd's, Bamett's A Bos~ Bank or Monthbal,
> anquet's Bank, limited,
69 Wall Street.
(Ki Lombard Street.
Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper discounted at
No. 4
BANK BUILDINGS
LONDON, ENGLAND.
the Head Ol&ceon reasonable terms, and proceeds
ramlttod by draft on New York.
Gzowski
&
Buchan,
STOCK AND EXCHANGE BROKERS,
TORONrO, CANADA.
Stocks and Bonds. Sterling Exchange, Drafts on
York, bought and sold at CURRENT PRICES.
Now
A. A. B.
J 8.T. Stranahan,
\. B. Hull,
THE
BRAIfOHES:
Catharines. Port ftilbome, St. Thomas, IngersoU,
Welland, Fergus, Wixidstock, Winnipeg, Man.,
Brandon. Man., Essex Centre, Niagara
CO.
will sign for
STANTON BLAKE,
€0,
onCanada. BriUsh Columbia, San Francisco and
ChlnaT Japan. Bast and West Indies and the Braills,
Bt,
dc
g8 State Street, Boaton, Maaa.
Sierllng Eichange and Cable Transdrafts on Scotland and Ireland.
all
meykr
yo OTHER
Boston Corrkspondbnts,
18 'Wall Street,
FlAILCttEiilTS ISSUED
H.
&
;
*^'lKClH.AR NOTES
aTallable In
BLAKE, BOISSEVAIN &
Iftnanctal CPo my antes.
Co., t3oiid.s of JSuretysJhiip.
BUSINESS.
Corporations, Arms and Individuals, upon
favorable terms also orders for the purchase
and sale of Bonds, Shares, *c., Ac., on Commission on the Stock Exchange.
Negotiate Railway, State and City loans.
tm. Kue demand
iJiio
we have this day commenced to carry on a genBanking and Commission business at the above
address. In co-partnership, under the style of
KNAUTH. NACHOD & KUHNE
Solicit accounU and agencies of Banks, Railways
North America,
No. 52
J
eral
UB. H. J. DeLANOY
Arm by procuration.
LOIHDON, ENGL-ASTD.
or
I
E. €., 1st .lanuary, 1886.
OORRESPONDElfTS:
Blake, Boissevain
Bank
British
COPTBAI.I, ConiT,
11
London,
Tranaact a general Banking and CommlMlon
Business in Bills, Stocks, Shares, Coupons, Ac
BLiAKE
AGENCY OF THE
TOWNSEWP,
TyE BEG TO ACQ* A INT VOV THAT
BBAtroHES:
Chicago and throughout the
BANKING CORPORATION.
»7,500,000
Pald-np Capital
4,500.000
Reserve Fund
Bmo.oOO
Kesenre for Kqualliation of Dividends...
7,800,000
Reserve Liability of Fh-oprietors
The Corporation grant Drafts, Issue Letters of
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore, Saigon,
Kong, Foochow, Amoy, NIngpo,
.Manila, Hong
Shanghai, Hankow, Yokohama, Hlogo, San Francisco
and London.
Agent. 4» William Ht,
A. M.
OFFICE, AUISTERDAin.
HEAD
XLin
[Vol.
COLLECTIONS MADE.
Capital Paid Up, £971,800 Sterling.
This CompaiiT undertakes the business of Trustee
to
Loans of approved Railways, negotiates and
issues
ter of
Bank
Loans on the London llarket, acts asAgentfor
payments of Interest on Loans, Dividends on
or Registration of Stooks In london, or otherwise.
LONDON, Head Office, 3 Angel Court.
SAN FRANCISCO Ottlce, 422 California St.
NEW YORK Agents, J. A W. Bcligman A Co.
BOSTON Correepnnd'ts, Hassauhusctts N. Bk.
-
-
-
r.
M.
„
,^
^
Vice-President.
UOYT. JR., Treasurer.
ETHBI.BKRT WATTS,
Secretary.
Board of Directors— William Hrockie, George 8.
Pepper, Morton McMichael, Wharton Barker, Henry
C. Gibson, T. WIstar Brown. Willitim Potter.
Advisory Committee of Stockholders.—George M.
Troutman, Oustavus F^nfillsh. Isiiac H. Clothier,
William I'epper, M. !>., Thomas l>olan, John O.
Reading. Joseph E. (iilllnKham, John Wanamaker,
Henry E. Smith, Charles B. WriKlit, Uenry Lewis,
CralgeLlpiilnc'ott.Hamlitou Dlsston. Clayton trench,
-
LOW,
Cable Address-PATT, LOIISON.
Bank of
STOCKS
Australasia,
and
BONDS
At Auction.
(Incorporated by Royal Charter, 1835.)
$0,000,000 4 Tlircadneedle St., London, England The Undersigned hold REGULAR AUCTION
I'Hi<l-iH) Capital, -...-- jei,6CO,(3oO
- 1,500,000
SALES of all classes of
KoBCrve Fund,
X780,000
- - 400,000
Letters of Credit and Drafts Issued on any of the
•
Tranaact a general banking buslnees. Issue Commercial crediuand Rllliof Bxobange. available In all
parts of the worid. <'olleotlonsaod ordera for Bondia,
Btooka, etc. executed upon the moat favorable term*.
FR»D'r
WILLIAM BROCKIB, President."
WHAItT 'N BARKER,
HENRY
Francl^la^^^^^^^^^^^^^^^^i^^^^^^^^
(LIMITED).
Authorized Capital,
Pald-np Capital, •
ReaerTe Fand, • •
Capital, 82,000,000.
Acts as Financial Agent in the negotiating and
marketing of Securities. Deals in Bonds— Corporation, liailroad. State. Municipal, &c Kxecutes orders
on commission in Bonds. Storks, 4c .Collects interest
and dividends. Receives money on deposit, allowAs desirable Investments offer, will
ing interest.
iseue its Debenture Bonds, secured by its capital ana
assets.
Railways and other Corporations, either In the mat-
THB
Anglo- Californian
310
CHESTNUT STREET.
(«.„.„„
„
» .^^ONATZ 8TB1NHABT,{'*»°»«»"'
P. N, LnJBNTIi AL, Caahier.
numerous branches of the Bank throughout Australia and New Zealand.
Bills negotiated or sent for collection.
Telegraphic transfers made.
Deposits received in London at Interest for fixed
periods, or for transfer to the colonies on terms
which may be ascertained on application.
PRIDKAUX 8ELBY,
Secretary.
STOCKS AND BONDS,
OS
WEDNESDAYS AND SATURDAYS.
ADRIAN
No. 12
II.
MULLER &
PINE STREEr,
SON,
NEW YORK.
BqrriTABLH BtTILDtNS
)
UOCBT
THE CHRONICLE.
188«.]
38,
^vwst
^xuat
<i!>ompanlcs.
yttianctal.
CIPotnpantes.
The Brooklyn Trust Co.,
Metropolitan Trust Co.,
Oor.of MooUcnawd niDU>nSU.,BrooklTH. N.T.
Thto eoapwi; l< matlioriasd by ipvolsl charter to
act *« raeatTsr, cr jMM. gaardUn, •xaenlor or admin-
PAID UP CAPITAL. $1,000,000.
urder of Sn-
talnUor.
aan act a« acaot tn \h» ul* or aaoanemcnt of
nal Mtata, ooUMt lat«rM4 or illTKIafMls. r«celTe rcZiniaSlianalW boaka^ or aak* pnrataaM and aale
S(S«««fBaMMan#ottaflr«aeai<UaB.
BallcloM and oaariiaMa laaUisUi'iu, and panona
^aMMMWit tA tba inunwsuoa of baalnaaa, wtll
tad thia aiBpanr a aafa and eonw IaiH dtpoaltorr
It
•""""• BOM> ^"
'OK'
»'
k O. I^«.
Alet. M. Whil-.
Bolfa.
{iU|>lo7 K..i)M.
ndw I'rwHAX.
•
hno aoan, and
la
la
a taaal damitorT
aiiiSonaad to act aacnarAtaa oi
•TadaT<'Datiea.aodwill ba anUtlad to iDlaraal ta
" I wkola Una tbar aiar ramala wnli tba onaaay
'
admlnlalratora. or Irvtoaaof WM«*
nuMadtotbattanairtlnnof bail-
THViriBKa:
B. ArnoM.
r>.
Wuli.
TAPPBN.
Vlce-Praaldast.
UKlTTl.N.Sacretarr.
^luauclat.
Hnbt3. MlDtan,
x-o. U. Wart«n.
oaraaBHaa.
J>iu<9i
REORG.IXIZ.ITION
OK THE
viMni
lAhbar.
&
Philadelphia
Reading
RAILROAD COMPANY.
n* Baeonnnictlon Tnutaea of tba Philadelphia
fornMompaM
ALLOWBD OH DKPOWn. •
""^KRMT
wklcb mar ba aada at aoj tm«.aBd wuhdnwa anal
A
Raadloa
Rallr' -ad
ompany raqaeat thecradltor*
<
aad afeamholdan lo dapualt tbalr (eaaral moflcaca
boada vHh MaaHt. Draxal A OOb. aad thair oUmt •iWIai aUA Maaan. Bron Bnithara A Co. nadar
tba lar«a or tba plan of raonanlaa' Ion, or whicb
eoplaa oan ba had upon appUeatlon at tbair raapcot*
Irabankla* hosMa and at tba Qoanuitatf Tmal A
ante Oapoalt Compaor.
Under tba plan tba boHar of aaab tl.OM tlx per
Oaaaral Mortcava Bond, vltb oTerdaa eoopona. aeaaame. will raaatre from l>raxal A Co. a
a
mtltllnff blni to foar par cant Intaraat for
tbraa raan.ur uniil raorxanUatloa
aooaar adbetad.
aad apoa raormnliai luo to a fOar par eaat na« (aa-
U
ort«a«a bond l<^r tlM» aad IWO of prafarrcd
••oab-tba b-Jdar or eacb aaraa par aant bond lo
rnaMra WO additional prafanad aloefe.
taaat Jivrttati aiul (JbncvMM* Adjaifaiait 5crlr.
acal
K.Orr.
:«z.
•L
wmi .i*nt
laeracary.
Union Trust Company
or KKW VOHK.
79 Broadway, cor. Hector St.,
..--..
CAPITAL,•VHPLL-S;
T.
.V.
*—«* t|aifaaataria i«y aaJi|1
«
ili j
««a«oi>«,
Mjl u aa Traataa ot lantHaaH at aafnaalluaa
AUowa Urtaraai oa iaptiaWa. wHA taay
awda at
njttaMb and wiUtdnwa «a Bra dai? aoUaa, »nh
Umt
tiM wbola ttaa
M
ranala wuJi tAa
fur aaMaaaaant and
•l,CM (vllh aaeb aSaltlua aa aqoala matured
aoapoaa at raorcaaUalton) of Inooaa Stock.
tttm Cbawb. lit Btrm—
Pmt Id par eeM aaaaaaaMai.
BMHea-linO Pri-fenad Moafe fbr aaaa n mant,
tl AOO (vltb aaeb addlllon aa aqaala tba aatored
"
MUMw
at
raoiKaiilaaHon)
tt»—lA per cant
(UM Prafi
aibaft for
QHwarNMa
end Dilmiwrn i^Aa«rwHlmdl
7t
AAaaCb.
C.
—
_
fUMima^
I
CanaoUdated
Vlea-Praa't.
1
A.O. RO.<(ALI>
The Union
I'rust
Co.,
To pro^ut4'
uaaaabaMe*
laaaaaraur.
may
-
Mpamta from
kept
•
i
ba
r.i
wltboattora-
efaaitar.
owmw
.«»»»«
be awbaututed fur Uie propeaad laaaaaof
aaw
atock.
tko>a ot
tfea
W
raot at
totW parannoB.
iboatataanta.
fhar raJaaMaa Ukaa onaer
-(..f... L,>
"
-^k of tau.^so'jk
txo plan an agraaniant
"ata to adraaaa tba axand U naoaaaary lo pay
'
'
cloaara. uniler
CilBSTNUT tmUVT,
lAalaw.
Boadj,
waa adopted;
JAMK9K. JOT,
O. U. ASIII.Br.
Ngw ToRK,
To
Ang.
Porabaalaa
OoaiBituZ
J
II. ISSS.
the Holders of Texas & Paciflo
Railway Company's Income and
Land Urant .Vort)fa|re Bonds.
Thiu far no acbeme ot n-orKuiilzatlon baa
been praeciitcd wbtob your coiuiulttee can roIntUed,
it
rtmui'it iriih .o« wAalaar unp uk*mt tan ba
mrauf'tl vnhotUa proptr rteoffnUion of t/otar
rii/ltu, aril uiileaa yoa larrsodisr your p<«rUna
you wUl c«rtaluly serure fair aad e<|iilia>ila
l«nna. To UiU end your C<>uiiiillt«o have deb-rmlned lo call for tbe depoalt ot your l>oiida,
"In anlt> llier« Is atreogtb," and nUenient
that to ensun aucceaa your uwuU muat b« oonrrnlmteil liiio one blook ttn<lR oue oonirol.
The I'eotrul Tnut Company wUI be prepiuvd
dnpoaitofbouda on and after August 18, 1886,
and aa iiooii tlicreaftar aa poeaiblc the aame will
bn lUlnl at the New York Stork KxrbauKe.
The right lo withdraw bond* will be rraerred
to any I'aiiliadealiinjt todo.o after Um tarma
a^fteol upon have lieen auuounred.
aiMEON J DRAKR.
CllKIMT'iPIIKR JtEYEB,
W. C. HALL.
13, 1886.
Conimlltee.
RfferrliiK to
abore. It l« rrquestad that
bonds lie ilrpoaltad ImiiMMllaiely, not later than
Batiuday, ZBtll lust.
8. J.
DRAKE,
Chairman.
By order of the Board uf n aeua atmetloo Tnutaea,
B.
Chalmuui.
JOHN
Lake
Erie
"Knarjaoatvad oa daaaatt at Intaraat.
"''•.
Traaaorar ASaoratarT.
:'«o.^,
Trwtoflaar.
IT. Airrad_M.IMa«tt,
.«,
WHBaai
'intaaa
Jnaepb
pyi^.
PattimJohn
A«naw. 11. i>.,
II.
llajai
'.
*
ThMrMlfir
('
l>*'iir,t|,
GAMBBTT,
oompleta tba dapoali of such securities wuhin the
limit uf Umm baratofbra Oxad, tba Purubaslng Coatmittaa appointed nndar anob agreement hare concluded to astaad tba partod for dapoait uf bondsaod
u m a apoa aloek anlii Wsdneaday. Hani. i. tSM.
BnLaabJaetlotha approval of tbe existing p«ruea
to tba aaiaoaiaill. tba eommlttae win reoulre all
buMaia of boads or atoak depoeltad altar this data
lo ooolrtbola as an tadaanlty for tba axpeosaa Ineanad by tba additional deUy at tba rate of It par
bond otaaebdaaa and tS ceola per abaraof atoak,
payable at the time of deposit.
Tbe oumsalUea Inrlta attention to tbe very large
deposit of aacmrltlea and tiaymcnta up«>n stock
already ma^le In the hands of tbe Central Trust
Company under the agreement, and ara prepared
to
'
fumlsh fall Infomiatliin relating lu the I
Naw Turk. Aug. M, IHne.
rBANK C UOLU.NS (Vrank C.
11
DO oartlflcataa of atoak of Iba Wabaab 8t.Loala
raeldo BaUwayCompaarwffl baraoalrad inexrb aaaa far oartlflealaa of tba PiabaalagOoBimitUa,
aalltUiaa Iba holdar lo abaraa ot atoek la Iha ra,
oiaanlaad ooaipaay. Tba time abora maaUoiMd li
abeohilaly the lateat date on which avcb B i dM ii tfa
can bamadp. stock reoiTad will ba aobjaottotba
payment of the Inatalmunta and Intaraat tbaraoa
from April K'. ItiSO, and 1 1 per aharo panaity.
GO Wall street. N. Y.,
PurchAslng Commlttaa.
ISSdi
i
o. D.
llanry
a.
A Co.),
Naaaao Straat, N. T.,
To the Stofkhulders of the Wabash
WILLIAM A. BBAD (Varmllya A Co.).
St. Louis & PaiiUo Railway Co.:
Naaaau Straal. N. T..
NoUaa U hereby «lTen. that aflar Saptambar IS, CLAIIBNCB CART (Csry A Whltrldge),
«im.i.i.
K.U
Uolllna
Wall Huect. N. y.
IIEMiT W. 8X1TU (Mntoal Mfe Insurance Co.),
For tba Porcbaatnc Cobimlttaa,
'.
& Western R'way
At tba ancant r aq nas t of rartoas scnirity hnlilera
who bare signed or agrac<l (u sign thu rwurvajiliaUon agraemant ot fab. I, I -via, t>ut ara uiiakle to
A
M
1
II. IIUUBAKO.
BIM.AKT. WBLUM.
T.
t
l.-ui
baabaan ma<l'
panaaa and a
PUILADKLPUIA.
An troA aiaau
r-t.K k
fordlTtdead'
Antborlaadraiitlai...
tUBODJOeO
Pald-ap Capital
aoPKWO
Aeta aa Kxantor, AdJalnlKmtor, Aaalsnaa^ ate.,
apd axacuiaa traata of ararj daaeripttoa known to
arilar-l>r...,r
Wlllakai''
land
the aiv
daaadto(a,»fl.<»r7. beln<
POftad aat aaralnaa of
totSa hatdara oftSa In
tba
laaa of
RMak of dl.w7,mrand
Stoafc of fl^nJdP. and
aaralacB or the laat dro
di rldand of are percent
A.
1113
anwi
DBdar^Uplaa
_
C. llMiaai.
«DWARr> KINO, r
JAMB$I \'
JAMRm
ANU
Hallway Company
(.
lUr^
til
Paclflc
here assembled eameaUy reoummend the prompt
huldvrauf all ff the m<.rtk'airtM iin the
lineaeaatuf the MlaalaalppI KIvlt t-- tbe pmpusl.
ti<mai>f tbe PnrohaaliMr(*ommittm>. If modlfled In
accordanca wltb tba adrlce uf tbe Bondboldera'
Committee as giren In the said rt'ixrt.
Accepting the mudldcatluns of the Bondholders'
Committee and anticipating iho prncfical meaaorea
necessary to a fntl compliance therewith, tbe Purchasing Committee now Innte holders of Itortgaga
Blinds on the main lines east of tbe Mississippi
Hirer loaaaant to tba propoalUona haretofora anbm'ttad aa amended by tba raconunendatlona ot tba
Bondholdara'Coauiltlaa.
To Inaara an early compliance with the propoeiilona aa modtdad by Iba report of the Bondholdera
Committee, a prompt deelaton on the part of the
bondboldars la Indlspansabla.
Bookafortta alanatniaa of Iba bondboldart ara
open at tbe olSoe of Ibe Pnrebaaing Committee, No.
Its Broadway, where printed forms may also ba
obtaliwd for tba coDranlence of realdanis oot ot Iba
dty.
Anctut
Prefnrtt and
bdHiie Kprafarred
iW aacETl .000 bond
Owtiaeataa uf iiapuMt nvaaUabla at Iba Sloek Bx>
abanea. eptuiin< tba hMidara lo Ibo new aacartttaa
anarraormniutlun. will ba laeaed
to^tba dapueltora,
*
lial/dara>o<4lce brxlT
tlw uaM for tba paTmeoi
0.o.wuttHBa.
JohoMOO.
c.
Ud
Bi^-
rainbUd.
U. rrothiaahaa,
_^ XBCUTIVBCOMMITTmi:
i. B.
Louia
atoO^adt* addltlaaal Moak lo
~I0 sar abata.
"To PrafawadloO for
•DV coauua Moak p« abara.
Dtfarraa IneaaM
^aa 'SX per oant aaaaa
KIncaland.
•. T.
Baarr Stobaa,
obart Lanox Xaaaady, Oao.
_
St.
CHARL£U J. OANDA,
WllXlAM STRAUI^,
AmbmaaC-
I
Oaona Cabot Ward,
On
/"aa 15 per eant aaaaaPBattt,
^
jSrter-Jiai
-lOOPraferradaiodfOraaaaaaaant,
!•(
JaoMa M. McLaan,
I.
wHbaddlUaenl Commmi
CoaaoUdatad Stock.) aad
idCoaaolldaUd Stuck In
Stock.
laaa kptopw Uoaa e^oal lo
TBoarnH.
B.T.VriI»uo.
Wb. r. HaMall,
llnej east of the MlaalaslppI Klrer) the foUowtnjt
to Isaue ita negotiable rvovlpta a«aliut tbe
aaNaanant.
m
rWOauoo
coTwaoar—
Bagrr A. >aat.
of
jOnwbLMAriM-
•<a«»aay.
rortfea
_ WklUvrlabI,
Wa.
(•in
cotumt'iid to }-oa for aoeeptance.
10 par eant cnab aiMMaaat.
JUMMa-dlM Prat arr«ritoafc
M,ooo,ooo
A LaoAL OBPOUTLwr nwMoirsT
BaraMlor
gi»
f 1,000,000
_ Aatbonaad to aat aa aiaoaiar. Adalalatntor
OiMntlan. Uaoairar. or TrnMaa. and la
A
Wabash
aa.-Mnt uf the
Ca
OP .VE W TORK.
No. 49 WALL STBEET.
Capital and gorplna, - - - »«,OOO,OO0
Mississippi Rirer,
At a meeting of the holders of Mortcage Bonda of
the
KesolTed. That the report of the commiiteeCof
buiiUhuld r«) be accepted, and that tbe bondholilttrs
J'*<T"'«»T.
United States Trust
Mortgagre
reeolutlon
1>.
WALTKKJ.
Abram B. Kaylla,
W. Maxwall,
.irllca.
'
the
THKblclllc
i-larra*onl,i|I.
<
of
TUUMAOlll.I.HOnftK. Praatdant.
D.Wood,
wm-B.MaM.
Holders
the
Bonds of the Wabash St. Lonis ft
PaciHe Railway Co. tast of the
New Tork
St.,
Daalcnatad a« a lecal Dapoaltorr br
paaaa Oonit. RaoelTa depoaiu >( aioDer on latereat,
ae(aadacalnrttai»feraaent,ortmstee forcorpofar
UaBa,and aeeepc and exeenta any lecal tmau rroaa
or curporaUoDt on aa nTorsble tatma aa
K. gfcal don.
T
1
.
Wall
BuildlD);. ?.5
'K*. Tlen-Pnat.
.wniwvll,
•
T^aoapaai
MlUo
To
AstiLar,
Beoratary.
MBW ToRK. An«. U,
ISSS.
PBOBIA 4c WBSTBBN
TOLKDO
BAILROAO COMHA.Vr.
Tba nrst Mortgage Bcmdbuldera daelrlng to arall
thaaiaelTea ot the rirst Mortgage Bondholders'
aarcament, who hare not already signed and oom.
pDitd with the terms of the SMne, are hereby nolllled
that. If tbey deeire to arall of the benedu of
anob acraamant. tbey must become partlaa to
the aame by depositing their bonds wltb the Farmers'
iMan A Trust Company, signing the agraemant and
olberwlae oomplying with ita terma, oo or bafoia tba
tfth day,ot October next.
The sala under liiu foroclosuro docraa la ordered
fur the aotli of OcUjiier. IVHS.
CHAKLKS MUHAN.
Cbslrman
First
Murtgaga Boodholdan' CoBBlttaa
THE CHRONICLE.
Long Dock Company's
CONSOLIDATED MORTGAGE,
VIFTV YEAR,
SIX PER CEi\T OOLD BONDS.
Principal Payable 1035.
Apkil and October.
liirEBEST,
Texas & Pacific Railway Co. Houston & Texas Central
READJUSTMENT AGREEMENT.
Notle* to Holders of Sccnritles.
Notice IB hereby Riven ttiat SEPTEMBER 3,
FINAL, NOTICE.
1888, has been fixed as tlie llmU ot tluic for the
under the modiaod plan of the
Committee on Reorganization of the Texas &
Pacific Railway Company, after which date
bonds will only be received on terms to be then
flxed by he committee.
The Certificates Issued by the Fanners' Loan
of
& Trust Company, in exchange for bonds deposited, have beenllsted on the Stock Exchange
deiHiBlt of blinds
SMALL BLOCK FOE SALE
and ate negotiable.
BT
JOHN MARKOE,
COX,
A,
ROBT. FLEMING,
TTork.
§iviazn&s,
Set.
at
ia
Ileum. Wl.N'SI.OW, LAKIKU A CO.. corner of Nasand Cedar Streets, New York City, on and »fter
September 1, 18H6
Columbus HocklUK Valley A Toledo RB. Co.—
Limn,
Pittsburg Kort Wavni>
A Chlca«p
SATTERLEE,
E.
C.
Railway Co.—
6.
SEPTEMBER
CO.
and
profitable
is
33K per
Bonds Issued agaiust
8.
Interest payable June 1 and Dec. 1. Principal due in 1905.
Principal anti interest payable in GOLD
COIN In the City of New York, orin STER-
10.
LING niONEV
Vermillion County, Indiana—
Uravel Road 7s.
in
Loudon.
Particulars mailed to any address npon
request.
«;>.
SEPTEMBER
II.
A.
Marlon. Indiana—
School Os.
SEPTEMBER
SEPTEMBER
HATCH &
15.
BANKERS,
Street, New
"To
20.
Miami County, Indiai.a—
BridUBtls.
plMCINMATI liNIIlANAPOLIS
ST.
LOUIS A CHICAGO RAILWAY
CO.
Cincinnati, August 21, 1888.
A qusilerif (liTlJend ot One Per Cent has been
f'cclaired on cue capital stock of this Company, payaUeS^t't. iOiu t.> stockholders of record Sept. lid,
E. V. OSBORN, Treasurer.
una.
PACIFIC RAILROAD
NOBTHBHN COMPANY,
TaCASlTHEK'B OKl'lOK, NO. 17 BROAD ST.,)
Ne* Yokk, Augustas, 1888. i
Coupons of the Pend d"Orellle Division Bonds of
this Company, due Sept. 1. 1?W6. will be paid upon
presentation at tnis oibce on una after that date.
ROBr.RT LENOX BKLKNAP.
CO.,
Nassau
No.
MlUheli, IndianaSchool Kts
SEPTEMBER
S,
19.
Bancock County, ludlana—
Gravel Roau Os.
^
M'F'G
PAR AND ACCRUED INTEREST.
PRICE,
Wabash County, Indianaad
,
New York
York.
Investors."
The undersigned offers for sale $50,000 of the 1st
and only mortgage 6 per cent bonds of the Hyde
BOUUHT AND SOLD.
WANTED:
Scioto Valley Bonds, all Issues.
Soutliern Central Ists.
Toledo Anil Arbur it North Michigan IstS.
Jt
A
Vlii
l.ittle
ennes
Ists.
Itock Ists.
ALBERT
K.
HACHFIELD,
Wo. S'« Fine Ntroet.
Reed
&
Flagg,
Duncan Building, Cor. Nassau & Pine St?.
NTRANCB
No. It
PINE 8TRBBT,
BROKERS AND DEALER
la
sent for-
the CENTRAL TRUST COMPANY of New
Vork, under a plan f reorganization prepared by
the Bondholders' C immlttee. Copies of this plan
and agreement may be obtained from the Central
Trust Company, or a the office of the Committee.
No. 32 Nassau Street New York.
8ELAH CHAMBERLAIN,
SPENCER TRASK,
HKNKY AMY,
JOHN DEltUYTER.
GBOHGB BURNHAM, CHARLKS J. CANDA,
SAMUKLB. PARSONS. WM. E. D. STOKES,
AUGUST RUTTBN,
Oommlttee.
Henry
the balaoce unsold of a total issue t jaiO.OOO, being
a first lien on property valued at Ji5(Xl,000. Net earnings more than sufficient to pay fixed charges four
times over. I recommend these bonds as A No. 1,
those already sold being to conservative investors
who look well to security and ability to pay interest
For further particulars apply to
A.
BONOS.
S. Ives
6c
Co.,
BANKERS,
NASSAU
No. 25
P. O.
ST.,
BOX
NKW
ITORK*.
1,423.
Transact a peneral banklnfi business, Inclndln^ tb^
porcbase and sale of securities listed at the New
York Stock Exchanj^e, or in the open market.
Receive deposits aabject to check at sight aiUI.
allow Interest on dally balances.
Government. State, County, City and RallroaA
bonds constantly on hand for sale or exchange, an4
particolar attention given to the subject of \xyyeaX^
ments for Institutions and trust funds.
__^
Massasoit House,
SPRINGFIELD, mASS.
THB BEST APPOINTED HOUSE IN WESTKKl*
NEW ENGLAND.
Convenient for the tourist or business man.
"°'"°"'"'°^-
W.
Park Gas Company, Suburb of Chicago. They are
due 1904. Coupons payable In Chicago, or at the
American Exchange National Bank, New York, on
first September and March. The above amount Is
Treasurer.
Investment Securities
Memphis
bills
LAWRENCE McKEEYER. Agent
J.
Fifth
Near
H. CHAPIN.,
Avenue
HOTEL,
IHadison Square,
NEAV YORK.
The Largest Best Appointed and Most LlberallT
Managed Hotel in the City, with the Most Central
and Delightful Location.
HITCHCOCK. DARLING A CO.
John G. Moobk. W. K. Kitchen. U. B. doauiT
BIJTENHOFKR,
Moore
Mills Uuilcliner.
lndlana(x)lls
Agency, 71 Wall Street.
Commercial and other credits issued,
cliem.
_
Blackford County, IndianaGravel Uoad 78.
Jasper County, Indiana-
K<.
successful
iu
cent in excess of the
Blackford Omnty, Indiana—
Gravel
BONDS
(«OED)
&
Qit.
JallOs.
Secretary.
operatiou.tbe par value of which
SEPTEMBER
A Co»
:
Bondholders are Invited to deposit their bonds-
Companies
SEPTEMBER
Branches
Braail— Para, Fernambuco, Bahia, Rio
De Janeiro. Santos, Sao Paulo. Rio Grande Do SuU
Portugal— Lisbon, Oporlo.PHlotas Porto Alegre.
Rlver Plate— Montevideo.
Mexican National Railway.
Secured by a Collateral Trust with the
Trust Co., consiating ol
American Loan
dividend-paying stocks of Electric Light
County 6».
Waba-«h County, Indiana—
6s.
FUND,i;26J,00»
Mills, Carrie
by advertisement.
AMERICAN ELECTRIC
Vermillion County, Indiana-
Funded
shares of £«0 eich.
RBiKKVE
collection, etc., etc.
or THK
First Mortgage 7s. series " C."
8ecuu(l aiurt^fage <s. series " I."
Uravel Uuad
jeSOO.OOOl
after Saturday, August 28. The contribution
of $10 per share will be payable bylnstalmeuts
of not more than $2 50 per share, of which
notice of not less than ninety days will be given
cent.
olilo--
Water Works Bs.
Xl.OflO.OOO, in 50,000
New York.
will be
prepared to receive deposits of stock on and
DEBENTURE
.
CAPITAL,
PAID UP
Bank of England— Messrs. Glyn,
LO/
6zo
Schoi.l 'B.
_
„,
Loan Bonds SK per
Lawrence C^-uaty, IndianaOs.
Annual
YORK.
OLiCOTT. President.
London & Brazilian Bank,
Limited, London.
F. P.
w th
ConsulldatttU lortgage 5s.
Xndianapvl<9, Indiana—
Keii- Ti'inp.
CENTRAL TRUST COMPANY OF NEW
Bjk.NKKHS
Notice to Stockholders.
The Farmers' Loan & Trust Company
General Mungaiie Ss.
Columbus A Tuleilo KHilroad Co.—
Second Mortuajte Ts
Grand KapMtt >& Indiana Railroad Co.—
Indiana Stale—
VConuLittee.
JACOB H. SCniFF,
WM. D. WINSOR,
JOHN N. HUTCHINSON, J
INTEREST Ol* THE FOIiliOTTTHB bonds
the banklai house of
payable
Inu
McGHEE,
C. .M
BANKERS,
S5 Broadway, New
StitciCBBt,
WISTAR,
J.
I.
CAROL.IN
The time for signing this agreement will
expire September 1, 1886.
NEW York, Aug. 11, 1S86.
i
OoTerInK Tunnel and Terminal*
Krle Railway at Jersey Cl«y.
XLUI.
Ifittnncial.
^iuaucial.
g^inattcial.
A
[Vol.
&
Schley,
BANKERS AND BROKERSJ
NEW^ VORK*
To the Second Mortgage Bondholders 26 BROAD STREET,
Connected with
Branch Officbs.
of the Wabash System East
72WailSt., N. Y. I. A. EVANS A •-., Boston.
BKEWSTKR&Co.,Chloa«o.
of the Mississippi.
The undersigned, at the request of holders of the
abi-vc-nientioned Second Mortgage Bonds viz.;
ToltdoA "abish, Wabuah 4 Western and Gro .t
Western Railroad, have consented to act as a committee to protect their interests. Agreements emIKjwering the Committee to act are ready for signature at the Metropolitan Trust Company, 35 Wail
Sti eet, wher.- copies can be obtained.
New York. August 20, 18»8.
JOHN N. A. tilllSWOLD,
THOMAS HU.I.HOUSIS, f Committee.
CU ARISES E. KLKMINO.)
B. F.
Rom AIN E.
J K.,
Secretary. 20 Nassau Street.
Phila. B.L.
Hi'bbakd & Kak.>ikb, Hartl'd.
Private \Vire Cuiiilections.
and sell Stocks, Bonds and Miscellaneous Se-
114 So. 3d
1419
F
Buy
St.,
curities
St..
Wash'a.
on
New York
Exchanges, also Grain and
Provisions on Chicago Board of Trade
Spencer Irask & Co.,
BANKERS & BROKERS
i6
and i8 Broad
Street,
N. Y»
Providence, R. 1
Saratoga.
Albany, N.Y.
JOSEPH GILLOTT'S
WTJEEL JPEJVS.
ALL DEALERS THROUciHoirr the
WORLD.
Gold Medal Paris Exposition— 1878.
Sold bt
Transact a General Banking Business]
Direct Private Wires to each oflSce
and to
PHILADEU'HTA,
BOSTON,
WORCESTER.
AND
HUNT'S MERCHANTS' MAGAZINE,
aEPRESENTINO THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATED
SATURDAY, AUGUST
VOL. 43
CONTENTS.
23,
NO.
188a
436,881 in 188S, against 1290,999,462 in 1885, or
1,105.
an increase o
48-8 per cent.
THS CBKOKICXX.
CUaitac-Booae Retama
WMk mnMrnt
329
aadfarth«(leTeBiuidr«elre
230
MoaUu Eodlos witb July la
ISMaDd 18U....
233
Paul MluucitpolU A Manl832 IfoaMMT ••4 Oommerelal
toba
Tbo Bltaadoa la BalcarU
23l
EnsUab
236
Balliuad Caroiaci
335 Oonmaretal and Mlaeellaoeoiia
New*
tmperu aad Bsporta tor Jnlf.
23j
1
Aui.
14.
Tke Plniwrlal Situation
8r.
|
I
I
Ham
l
I
The diroutclc.
TBB CoiaCERCIAL Aim FiyxHClXU CHBOyiCLS it
Nma York mt r w Saturday wtvminff.
t Satarad at ttaa
pubiitAtd in
Pom Oaea.Waw fork. H.Y.. a* •aeondeUM mall matter.]
Terai af Sibseriptioa— Payable
!
Adraace
For One Taar (taeladlnc poatac*)
rwMxUoatka
£a
910 20
6 10
^
HsMoa.
Babaari ptioa (laeladlM paai^l
'
ta Lnadoa gaalitd la^ poata^w
1128
..
«2 7»
do
da
«l Rn.
da
prlcM iDdada Ika Irrarroaa' 8o*Ti.avairT, la>«iMl onre in two
iM i
wntfta, and toralakad wtthoat astra ebana lo aatMcrtben of tbe
W
OnuMncLB.
—
Ba ft IpUona win be aoattaaad aatU dttoMalT' orAarad itopnM. Thn
^bUahaneaaaotbaraapooiibleftir niatlliaiiii aaln
nli lij Drafu
•r
mat OOtaa Moaar Oraara.
A aaataie aorar b
fandahad at
M gaaU: poatase on tha aame U 18
Tat aui ii taaadlacaabatrlbata at »l
•Meaa la Baaland.
•aata,
Tkaadtoa »t ibaOoitaaBciki. a«i> KLMAXcitt. '*nim<nctJi In London
la with Maana. KoWABoa * SwiTii. I I>iiiprnt'U:tr>trDa. E. C. vlirre *ul>Mriptlaaa and adiM l la— u i
win ba takaa at tha regular rates, and
ata^ sMtea of tbe yapw aappUrd at la. eaeh.
t>aoaaea(tbaCBBoaiCLalnUvarpoalUatB15, ExeluuMraBnIMlUda.
i
wniiAM
Mm
a.
a. D4iri
noro.
u
SWIliLIA.lI B. DAM.% 4c Co., PablUhera,
f» di 81 William tttrect, NSW YOUK.
P»«T OrriOB Dot 95ti.
CLKARmO aOUSS
For the week ander
RSTURffS.
retama of exchanges continaa of the mow wtiateBtoiy character aa haa been particu.
tarl]r notionMa riaoe tbe opening of Angnat.
At Ne<v York
« alight inoreeae in tha Tolam? of specolatire tr»naaetions led
to a unall gain in clearing*, and at Boaton the ezoeas over
Aug. U ia principallj due to the aame canae. Altogether sixteen cities recMNtl some incraaae orar laat week, among which
Minneapolia, Omalia, Milwaukee and Woroeater are most Saarnacuoo
T«M4^i..
prominent, while Philadelphia, Chicago, St. Loaia and Kanea^
rerieir the
City lead in proportion of loas exhibited. The result in the
for all the cl<>aring hotuea is a falling oiT from the
total for Aug.
of a little in excess of three million dollars.
There seems to ba an improrement taking place in general
boaineas, in dry good* branches in particuliir, and the oat look
for the fall appears quite promising.
decided increaae in the Tolame of speculation at New
York during the week of 1885, with which the present retama compare, teaalted in a pretty considerable addition to
the exchanges at this city. Notwithstanding this fact the cur •
rent figure* make a very favorable contrast with those for last
year, the gain in the aggregate reaching 13-9 par cent. All of
the cities except Hartford. Detroit, Indianapolis and Peoria
in the incraaae, Minneapolia leading with 670 per cent,
Cotnaba* M-«, Omaha SO ^, followed by Lowell, St. Joaeph,
Memphis, Worcester, Springfield and Sin Francisco. Compared with 18S1 there is now an excess of about 21 per cent.
Pursuing our usual method of deducting double the market
value of tbe share sales at the New York Stock Exchange,
(which were #9 1, 018.000 and $134,700,000 respectively in the
two year*/ from the total clearings at New York, we arrive at
tke exchangca aaotUiabla to other baiioesa, which are $131,-
aggngate
U
A
Awe
OBt«HI»
*
N»w
|lt,nTl,OM
I
ToTll'
jnM]iM.gw
"MTO.HU.IW
Not iDcladad la toiala.
For the five days ended this evening, the returns of
exchanges as received by telegraph exhibit some decrease
from the preceding period at all points except St. Louis, the
there having been
decline in the toul reaching 193,494,840
an even greater lou during the corresponding tlve days a year
ago. The comparison with 188.'i is more favorable now than it
was last week. At New York the considerable falling o£t
record(>d is mainly due to the heavy reduction in specu lativa
;
operations.
rtM Dam Badlat ^««u<ia7.
uas.
Now York
Boston.
„...
t4SB.flSi.«7e
iarTJ.sse.iiT»
*
AMmated as
-f-IS-l
(l.lOO.Ml)
(-as-*)
-i-rs
5S.MI.I44
+30-1
4S.SS0,7eS
•.I75JM7
•O.Ml.'WI
T,aSM.U4
+111
+ie^
+41
a8,a8<,ooo
ii,«4a.os4
-(-irs
ia.MB.igo
i.tOMI4
$aCI7.n03.489
M.OTO.nm
Hoa.n«4W
4S.ooi,H)a
tM4.XlT.S8l
Oatalda Itaw v..rt
J>«rOknt
43.asn.a63
ST.IH 1.000
all
188S.
«810.IW.RI8
(l,0Oa,T7S)
akUmit
Haw Orlaaaa
Total
-H7-4
HTfmud-tAut.to.
(7m,isoi
Cblaiao
Total
Balaaaa, Oonatrr*
rtrOmU.
4A.ftTO,13S
PkUadalpbIa
yiliuia
URB.
t\l\.\t^.itt\
(-•rsi
•.840309
+ii-«
+to
+»-7
U4I14.083
s.4aiMUi
+IB-7
+34-7
1480,407.018
M,(Mia,al7
+ 18-1
+M-S
+WS
»»*
tba baaU of tbs laat « as tir ratora.
I7!»7,0«7,»3»
vttAMMlM
-H8-a
+W8
+«*»
-1«»
THE CHRONICLE.
230
financial
THE FINANCIAL SITUATION.
centre,
securities
Our money market has been farther disturbed this week,
first
mainly by legitimate causes, the tendency being at
easier
towards steadier, higher rates, but latterly rather
political
of
unsettlement
sudden
The
conditions prevailed.
Eastern Europe was, for reasons stated below, an
ftSaira in
deranging
causing a sharp
and an advance
all
XLIU.
[Vol.
iaternationa
in
fall
in the rates for
money and
When
the foreign exchanges.
so
the news
was received in London on Monday, bankers were just on
'•he point of withdrawing a considerable amount of gold
or shipment to America as an exchange operation.
The
rise
in
the
open
market
discount
rate
which
followed the news,
of
course arrested this move
imporUnt circumstance; but the influence chiefly reflected
ment, for it was seen that an advance in the Bank mini;
was the change in loans, incident to the deranged condition
banks mum could no longer be deferred and besides the uncer
of the market, at a time when the reserves of the
;
An
«re so small.
important part of these changes has
companies, who
placed
tainties of the political situation
for
the time
being,
business
could not
operations
fail to
suspend,
so far as they
from depositors with trust
Thursday the Bank of England
funds therein for safe keeping at a low rate of could be deferred.
advanced
its
rate
to
per cent from 2^, at which it had
money
their
3^
withdrawing
now
and who are
interest,
stood
since
June
10th,
and
the open market rate rose to
for
it;
employment
remunerative
more
because they find
per
3
cent, against 2^ per cent last week. It was reported
companies
the
trust
compel
course,
of
withdrawals,
these
arisen
their
reserves,
yesterday that there had been a material reaction in the
they must be ready to meet such demands upon their cash.
While these movements are in progress and loans are in
process of readjustment, the supply of money at the Stock
open market, the quotation going back to 2\ per cent, but
call in loans,
to
and as the banks carry the only
investigation disclosed that this rate referred to
call,
discounts being quoted at
2f per
cent.
money on
A special
Exchange for daily requirements is materially lessened. cable dispatch to us from London states that the loss in
The extremes for bankers' balances this week have been 2 bullion by the Bank of England for the week, which i
and 9 per cent, averaging as high as 6^ to 7 per cent, with reported at £409,000, resulted from receipts from abroad
renewals at an average of 6 per cent. Banks have not principally from Australia, of £143,000, and from the
loaned at less than the latter rate, being at the same time interior of Great Britain of £70,000 (making the tota
indisposed to use on call at that figure what little money receipts £213,000), and from an export, mostly to the
United States, of £622,000.
As might be expected, and as already indicated, our
House institutions last week, about 5^ millions were held foreign exchange market was affected on Monday by the
by one of their number, and that one, it is stated, is above-mentioned news froni abroad and the advance in
On receipt of the
abstaining from putting money out on call, preferring to the street rate for money in London.
invest in good commercial paper, which rules now at unu- news the rise in exchange here was immediate of one cent
This
they have.
is
explained by the fact that out of
$6,738,875 surplus reserve reported by
sually high rates of discount.
It
is
all
the Clearing
also reported that life
ing at 6 per cent for six months on stock
first-class
assortment of collateral
is
over ample margin.
Ab
to the current
new
per pound sterling, which carried the sight rate above the
The 60-day rate was, however, relabut a tively weaker in consequence of the pressure of bills, and
required, and more- on the following day both rates fell off half a cent per
pound. Thursday, when the advance in the Bank minimum
insurance companies and other large institutions are loan.
gold importing point.
collateral,
supplies of money they have was first announced, short went up a half cent again, while
The Government revenue is long was reduced a half cent, but subsequently both
hitherto been absorbed.
and this week 3;^^ millions have been taken out of
bank for customs dues. Besides those requirements, the
demand for funds from the "West and South still continues, and it would not be reasonable to expect any cessation in that demand during coming weeks.
The more
large,
rates
were lowered half
a
cent,
bringing
sight
bills
once more to the gold-importing point, although pending
of political affairs, gold was not
Yesterday the outlook being more peaceful,
we were advised of a small shipment of $325,000 from
active business as well as crop purposes make the needs London, indicating a renewal of the movement to New
large from all sections this season.
Of course the bond York. Francs and marks have continued to rule at figures
calls as they mature will add
to
the supplies of which made gold imports profitable, and it is estimated
cash.
29
Of
million
there
these
dollars
in
$1,500,000 have been surrendered,
4 millions on the
first
now
are
amount,
of
outstanding
which
than
less
the calls maturing
of September, 10 millions the 15 th
of September, and 15 millions the
those disbursements, there
l\ per cents September
1st.
These
cover
1st,
the
first of October. Besides
the quarterly interest on the
and on the 4 per cents October
is
the disturbed condition
ordered out.
that at least 2 million dollars have been secured this
week
and Berlin for shipment to America, making
(after deducting the $726,565 arrived this week) about
7
million dollars now in transit. "What has affected continental
at Paris
exchanges this week
We
are
surprised
is
the large purchases of breadstuffs.
that
regard to the one, two and
our remarks
five
dollar
last
silver
week with
certificate
from the provision, attached to the Sundry Civil Appropriation bill,
Government up to the latter date, unless other calls are should have been taken as either foreshadowing the Govput out and payment anticipated which is not at all likely ernment action, or as approving the policy of issuing 165
except in case of great urgency. Of the gold shipment! million of five dollar silver certificates, or as indicating a
from abroad, only a comparatively small amount of belief that the Government was about to make such an
total
expectations
foreign coin has arrived this week, but a large portion of
the total now in transit may be expected before the close
of
the coming week.
It consists however mainly of
"
foreign coin which cannot be made available until
passed through the Assay Office.
A
feature
referred
to
it
has
above as having disturbed our
money market because having disturbed
the condition of
the European markets, was the enforced removal
of Prince
Alexander from the Bulgarian throne. The movement
was so unexpected and so bold that
it
affected every
Our only purpose was to show the extent of the
power that provision gave the Government over the
money market, so as to set at rest the claim which was
being so widely made, that the disbursements by the
Treasury on bond calls would not relieve the extreme
pressure because of the extent to which it would force
bank note contraction. We expressly stated that we did
not have any knowledge as to the intentions of the Secretary, supposing that every reader, judging from the past,
would take for granted this much at least, that his action.
issue.
AUOCST
whatever
The
it
would not be
be,
but be con-
r»dic*l,
idea of supposing the Treasury was about
63 millions of silver five dollar notes is so absurd
did not once strike us as a possible inference while
to issue
we
might
it
aervstive.
that
THE CHRONICLK
38, 1888.]
1
He
wrote.
has the ptower to provide a
the
in
for silver fives
way we
field
and a need
suggested, and tc issue as
231
months progress. According to the above we have now,
or at least had on the first of August, in these two res.
ervoirs, within
had
than at
13f millions as
much
surplus reserve as
we
and very considerably more
In 1885 the need was
either of the other dates.
same date
at the
in 1885,
imperative for increasing the
Government
balance.
Now
any time in the future may hold, that need no longer exists, because (1) the Treasurer has
of idle silver dollars, in case he can keep oat so many. reversed the flow of currency so that his receipts have for
Circumstances, we should imagine, will probably wholly a long time been very largely either in gold or its equiva*
control the use the Grovernment will make of this power. lents; and (2) because, if occasion requires, he can make
On that point we assumed in oar remarks last week, and his idle silver dollars useful by the issue of five-dollar
we still think it a reasonable assumption, that the out- silver certificates in a way that will keep the certificates
the
Suppose, therefore,
standing circulation will not be contracted by bond calls. permanently in circulation.
many
as he holds, or at
—
Furthermore, as bearing upon the price of Government 3 Administration believing its financial poaiZlon strong
per cents and upon the future of money, does it not seem enough should take as its guide the direction in the sar» possible contingency, in the light of this new resourc<>, plos resolutions as finally passed, and in accordance there,
that the Secretary may think it wise to issue these calls with reduce the net balance down to 30 millions during
—
hereafter with considerable rapidity until be has
At
very material portion of his surplus?
much more
likely to as that
least
let
out a
the next few
it
seems
million
he intends' to take that view
we
months,
would thus be releasing
it
for commercial
dollars
ceive one contingency in which, even
the
if
50
can con-
Government
might be difficult, for revenue is
coming in very rapidly, and such a poUcy might necessiand breadth of the law referred to.
In the light of this condition, the future of mon ey has tate so rapid a conversion of the 3 per cents as would for
at least one less uncertain feature.
We never thought it obvious reasons be ondesirable. These figures, however,
was the Government's basineai to regulate that mar- disclose the important feature that there are sufficient
of
it,
than
did appear to us before
it
noticed the length
sought to do
We
purposes.
this
it,
withdrawn
funds funds near at hand to supply the absolute needs of the
which safety no market, and we are at least authorized to infer that they
longer requires it to keep, it shoold andoabtedly return would be quickly let out if the strain should become severe •
them. Of course absolute safety to the currency is the
Tbere has been a repetition this week of the reports of
first and governing consideraUon, a point however which dissensions in the trunk line pool, and a possible rupture
ket;
but
so
from the
the public
far
channels
as
has
it
commerce,
of
judgment o^ of amicable relations between the roads party to the pool,
But that being aeeored, an idle reserve growing out of the Baltimore & Ohio complication. But
becomes simply a burden to our indnstriea. Mr. Faircbild if one only examines the returns of earnings now being
oodentands that matter as well aa any one, and in his made by the trunk hoes, there seems little likelihood
raaiarks before the Committee of the Senate having in of the
managers inviting a recurtenoe of
the
is
entirely willing to leave to the
the SecreUry.
charge the surplus resolutions, he stated that
it
GoTemment's
fa«t as the
desire
eooditions would
objection,
to
let
allow.
iu balance out as
The
objection,
was the disastrous
and the only
he made to the reaolutions was that they took
away his discretion, made him a mere puppet,
he was constantly on the watch and in a position
al
ment
things existing
of
;
before
the settle-
the benefits resulting from the policy of
make a change
Both the Pennsylvania
peace are too clear and too pronounced to
in
that policy at
though and
to get the
state
of last year
beet information aa to the needs both of the public and of acter.
have
week issued their July statethe most favorable charAs compared with the corresponding month Isst
the
ments,
probable.
all
Erie
and
they
this
are
of
the Treasury.
ripe for
Now, he sees apparently that the time is year, the gain by the Erie in gross is $423,645, and that
a very considerable disbunement; hence among on tbe Extern system of tbe Pennsylvania $671,572, or
the business facu of the future, it is, we think, as suied,
pretty safe to conclude that the-Govemment is going to
carry the coming year a
mooh
smaller reserve than
it
car-
ried last year.
With then
$1,095,217 together.
York
established
and
now we add on
tbe gain on
New
we havea
gain of $2,107,289 in gross on these three roads in one
What
single month.
that
If
Central, previously reported ($1,012,072),
stronger proof than
the further point asked of the beneficial effects of
this
could be
the policy of peace
and
assumed, that the Secretary will make good in the way we "kllBtPf- In the case of the Central we have no report
have suggested any forced contraction in the bank note of net earnings, but on the Erie tbe increase for the month
circulation, we are prepared to see what is the comparative is $236,309, and on the Eastern lines of the Pennsylvania
condition of the banks and Treasury, and hence what are
the comparative prospects thoee sources of supply hold
out with reference to money.
Here are the surplus cur-
$420,579, making $656,888 together.
Western
Besides
of the Pennsylvania, instead of
lines
this,
the
showing,
as in 1885, a deficiency of $37,108 below tbe amount
rency holdings of each on the first of August
neceaaary
to meet liabilities, this year show a surplus above
We Uke
the first of the month because that is the date of the last such liabilities of $236,321, a relative gain of
$273,429;
Treasury sutement.
and adding this to the $656,888 given, we have a total
gain in net resulu of $930,317.
But from the Philadel.
I8S«.
•IO.|lll.»i)i'
Tftmmrr-Ht
1
SB.I
1888.
ie.8M.am
•u>,oi«.i>;
m
TrOl iTplM.
imjHK j '*tm,m/a0 >is.iw.<«; "i»7,800.lSB
'In liMiibaTrcaMnrlMlaaMwaaMAiad •t«lS»,8l3,ei3. That la.
«Ind«I aiOO.OO«<.oaO I««b1 taader rand u.l
a»,797.4a6 frmcUooal U1t8C
•«. OedBOUDS tboM tMoa, we hsTe the belaoee ebuve.
fto ISaa tbe TrMMiry baiUM
iiUlcd »»»ISM1 l.noe. That In"
eloded tta f 100.000,1 Oi> legal tender fund
end »a8.0»8.U2 fraollonel
vm
phia Press
gain on the
we
learn
Wes^m
that in
actual
net
earnings
the
was even greater than here
indicated.
The Press pats the increase on what is
termed the Northwestern syatem at $222,807, and on the
lines
Southwestern system at $131,097; this taken in connection with the 3420,579 gain on the Eastern hoes of the
«»er oola. DednaUog ihew lume. we bare tbe beUnoe u ebore.
system makes a total increase in net earnings on
The foregoing figons oertainly do not encourage the the Pennsylvania in one single month of $774,483
ide* which has been industriously circulate*!, that the
over three-quarters of a million dollars.
If to tQis we
noaej market is to grow closer instead of easier as the add the $236,309 increase on the Erie, we have an aggre-
—
THE CHRONICLE.
232
companies of over a milgate increase in net on the two
comparative statement
usual
Below is our
lion dollars.
for the Pennsylvania for six years.
East or
Vaitts
1881.
1882.
18S4.
188B.
188S.
^he news from Europe being better and gold shipments from
London resumed.
The following statement, made up from returns collected by us, shows the week's receipts and shipments of
gold and currency by the New York hanks.
PrrrsBDBO.
Oiaaaauniim
4.3S8.llTi
Oparmt'R axpeniea.
il,778.0<B
8.780,418
3.MS.I0S s,es«,oe3 4,180,«tS0 4.119.150
2,289.447
S,a«5.0M it,«n,8e6 8,638.Sia 2.502,067
Net aarnlnin..
Wwtarn
l,8ia.81S
B«anlt
Jan.
I to
l,4lK),0n
1.1(10,019
1,391,116
1,48«,T34
1,647.0931
-3",108
+51.B9S
flSI.878
+819,587 +234.007
1,<)14,7(>6
1,906,660
+23«.S21
line*
Week ending Aut.
t
t
I
July.
1,122.941
1,142,811
1,784,978
July SI.
^lOMearnlnK*.-- Z7 «)«,84l'23,004,608
Opwmt'g expeiuea 18,858.889 17,884,790
«!iSo.2ji| 7.679.908
Nat earnlnxa..
Western llnea
Beaolt.
27,822,334 ]88,48S,529 S6,7()9.»97'25,834,257
17.818,916 18,471,9f.9 16.«82,7«2 14.B40,132
-718.160 +837,046 +356,030 +1758,871
8.838.3781 6.B.W.710
8,790,188 10,34SI.20« 10,192.245 12.846,996
striking feature in
The most
9.837,216 10.488.128
9.503.398 10.011.560
—113,8771-1024,198
this
comparison
relates to
and lasN In
the change in results between this year
that they
found
we
ago
year
a
reviewing the July figures
1879.
since
year
any
of
result
net
showed the poorest
Now we
find in 1886 the best net
this question of earnings,
While
company.
tion of any July in the history of the
on
with one excep-
result
we may say
that in other sec-
the country the returns also conlinue wondergive a table on another page showing the
fully good.
comparative earnings this and last year of 30 roads
for
the
the
August,
of
Total jroldftndleiral tenders..
report an
others
increase,
and
totals.
note
worthy that there are types of many dlSerent classes of.
roads in the table. Thus there are the Chicago & Northwest and the Milwaukee & St.. Paul in the Northwest, the
Texas & St. Louis and the St. Louis & San Francisco in
&
the Southwest, the Louisville
&C., &c.
brief, then,
In
and
Treasury
almost
disturbed by the Bulgarian
»1, 926,000
Lo9S..tl,a38,00<
by imports
$726,565
of
New
.
the
as
change in
between Friday of
condition
the
actual
last
the banks
of
week and Friday
of
this
week.
Week endint
Into Sankt.
Axig. 27, 1888.
Banks' Interior Movement, as above
Sub-Treasury oper. and gold imp.
fzold
and
tenders.
lejiral
Net
Out Of Banka.
1888.000
6,426.563
»L9;6,000
T7,314,565
9.126,000
Cita-nQe
tn
Sank Holding:
Loss H,03S,000
7.200,000
773.485
JLOSB..
I
Loss. 11,811,435
of England lost £409,000 bulUon durinjr
This represents £479,000 net sent abroad and
£70,000 received from the interior of Great Britain.
The Bank of France lost 500,000 fraucs gold and gained
The following indicates the
2,375,000 francs silver.
amount of bullion in the principal European banks this
week and at the corresponding date last year.
The Bank
the week.
all
difficulty,
European markets
with the
ofiBcial
rate
Ang. 27, 1S85.
Aug. 26, 1886.
all uni-
result can be expected.
here, with
"jsss.ooo
}903,noo
135,003
Nashville in the South,
the reports are
present state of that company's finances no satisfactory
active
IBO.OOD
gained
have
formly good. The decrease in the net earnings of the
Reading for July we need hardly refer to, as in the
With money
15,000
Adding these items to the above, we have the
gold.
following, which should indicate the total loss to the
York Clearing-House banks of gold and currency for the
week covered by the bank statement to be issued to-day.
It is
always to be remembered, however, that the
bank statement is a statement of averages for the
below
should
reflect
figures
the
whereas
week,
Total
is
it
Movement,
Loss..
Loss..
The above shows the actual changes in the bank holdings of gold and currency caused by this movement to and
from the interior. In addition to that movement the banks
have lost $1,500,000 through the operations of the Sab-
these
diminished
record
that
three
but
there are
All
week
third
among
11,776.000
Oo\i
net Interior
r. Banka
.V.
t873.nro
Cnrrenoy..
We
and
Shipp&I bb
Beceived by
27. 1888.
S. T. DiinlH.
of
tions
XLHI,
[Vol.
Gold.
Bold.
Bilver.
*
*
Bank
Bank
Bank
ol
England
France
of
Oermany
of
24.803,018
21,370.076
54.613,618 45.328,731 46,826850 44.066,424
20.040,250 15,884,750 13,148,2U0 16,372 800
....
. . .
Total tWs week
Total prevlons week
Silver.
,
.
96,053,944 61,213,481 €4.778.068 60,439,221
9ii, 506,654:61, lOfl.SSl 85,567,258 60,319,037
London put up one per cent, and with a chance that
The Assay Office paid $183,057 through the Sub-Treasour securities might be returned from that centre and gold ury during the week for domestic bullion and $726,565
in
shipments to America cease,
it is
not surprising that our stock
market should have been dull during the past week and
for a time prices a
little
lower.
The truth
is
conditions have brought the speculation for
that
the
for foreign bullion, and the Assistant Treasurer received
the following from the Custom House.
Oontisting
these
rise to a
some weak holders have sold out, while
efforts to depress values have been constant.
Under such
circumstances, the course of the market affords good
evidence of inherent strength and confidence in the gen-
Dau.
Dulitt.
standstill, so that
eral situation.
Earnings, as noticed
above, continue very
and the industrial outlook is becoming all the
time brighter, the iron and steel trade and the dry
goods trade especially reporting satisfactory improvesatisfactory,
ment
this
There
week.
trunkline
settle
was an attempt to
on
rumors
that
properties
Aug. 20.
" 21.
" 23
"
24
" 25.
" 26
Total
$420,808 64
313,532 54
611.904 58
1,065,922 59
555,444 02
275,373 67
»3.272,986 04
of—
v.a.
eoid
Silver Oer-
Nolt*.
Oertifl<fa.
tifieatet.
*298,000
194,000
411.000
691,000
268,000
131,000
$78,000
94.000
lOD.OOO
279,000
$42,000 $l,9S3.0O0
J853.0O('
*3,000
1,.500
7,500
8.000
14,030
8,000
$41,000
53.0CO
81.000
86,000
55,000
58,000
215,001
78,000
Inchided in the 8kbove pay ments we re $13,00
coin, c liefly standar d dollars
S374000
J
in silver
un-
ST.
the
PAUL MINNEAPOLIS S MANITOBA.
Pennsylvania was dissatisfied with the pooling arrangeThe pamphlet report of this company for the fiscal
ment and that the Baltimore & Ohio and the Vanderbilt year ended June 30, 1886, has not yet been issued, but
lines were cutting rates, but the effort was not particu- from the preliminary statement submitted at the annual
larly successful. In Boston it was announced that the Union meeting this week, and certain additional details obtained
Pacific
little
had got rid of
all
its
floating debt, but there
response to this in the price of the stock.
& New
was by
New York
England has been" one of the strong specialties,
and has recovered its decline of last week on a more settled state of affairs in Boston in connection with the mill
difficulties.
The St. Louis & San Francisco stocks have
•Iso been strong and higher.
The granger stocks have
about held their own. The market yesterday was a little
more active, with an improvement all around in prices.
ourselves,
we
that
find
the
result
for
the year
has been just as expected and as was indicated in the
monthly statements of earnings published by us from time
to time,
and which had recorded
falling
totals.
At the
such a universal tendency to
multiply railroad mileage in the Northwest, and almost
present time,
when
there
is
every day brings the announcement of a new issue of
bonds by this or that company, the fisrures of the St.
Paul
&
Minneapolis
may
possibly prove instructive.
ACOCST
THE CHRONICLE.
28, 1886.1
233
The Manitoba has always been very conservatively and Northern Pacific, which had previously sent all its through
For a time after the organization of traffic to and from St. Paul, over the Manitoba's piece of
the company which, as is known, was successor to the road between Siuk Rapids and Minneapolis, built a branch
Pacific, an embarrassed corporation sold in of its own between those points, and the Manitoba lost that
old Sc PauI
Then all the larger systems have been encroaching
traffic.
foreclosure
it had a career of prosperity almost phenomeBat this culminated in 1 832-3 more or less upon the territory of the Manitoba. On the
nal in degree and extent.
«nd since then, though the company has still yielded large West the Milwaukee &, St. Paul now extends a3 far north
carefully managed.
—
.$c
—
>
profits to its shareholders, there has
been a considerable
decline from year to year in gross and net income.
no change
in policy or
management has taken
reason for the altered condition of things
is
place, the
well worth
inqniring into.
and subeeqaent decline in the Mani
toba's income is in a measure contemporaneous with the
flnctuatioDB in the state of general buswess and the coarse
Of
course, the rise
of railroad earnings generally
this case there are
common
some
its St.
Paul
extends to the waters of Lake Superior.
&;
Omaha
This,
how-
ever, affords only a very general idea of the competition to
which the Manitoba has been subjected.
In various
minor ways many of its sources of traffic have been
'
tapped.
In the face of
competition, however, such has
all this
causes and incidents not
tig^ous to the system, that the Manitoba could easily have
What
to the rest of the railroad world.
runs throngh a very rich and
—the
line,
while on the east the
Pacific,
Northwestern, through
been the growth and development of the country con.
;
laid the
original basis for the success of the enterprise was that the
roftd
Fargo on the Northern
but in
over the country
all
special
as
As Chicago k
fertile section of
coun-
— which
mamtained
its
own, except for one other factor, namely,
A
the great decline in rates.
expect to
make reductions
road in a
new country must
in rates, especially
if,
as in the
was case of the Manitoba, the management is a liberal one.
bound to nndergo development when its advantages That is par^ of the policy to foster local industries and
became known. Manitoba soon attracted settlers in large industrial growth generally. In effecting such reductions
nambers, and progress was continuous and exceedingly the managers calculate to make good any loss on that
Immigration poared into the territory in what account by an increase in the volume of traffic. It follows,
rapid.
•eemed never ending streams, and this proved of advantage therefore, that the reductions should be slow and graduaL
to the Manitoba road, not only by infusing new life and But in the case of the Manitoba they have been very
Additional activity into the country drained by the road, heavy and rapid.
In the year ended June 30, 1882, the
bat directly in swelling passenger earnings to very large average rate received per ton per mile was 2-51 cents in
Then came the building of the Canadian 1885, three years after, the rate was on!y 1-52 cents, a
proportions.
Pacific, and the carriage of a large amount of construc- decUne of about one cent per ton per mile on the whole
Meanwhile, the company volume of freight moved. Tue figures for 1836, the late
tion material on that account.
itself was not idle, and the mileage of the system was year, we have not been able to obtain, but all indications
try
Red River
of
district
the north
;
The
greatly extended.
•
m
Vm
in the fact that
existence
amounted
393,
of
effect
while in
the
of all
Manitoba,
to only $2,883,330
three years afterward
these inQaences
lS7d-S0, the
the
first
gross
is
year of
earnings
and the net to but $1,450,'in 1882-3
the gross had
—
—
bear out the assumption that there has beeq a
decline.
It is
still
further
unnecessary here to go into' any extended
in rates.
Competino doubt has been a factor in it, but the depression
in business and low prices of cereals have also played a
conspicuous part in the downward movement.
We know
explanation of this great contraction
tion
and the net to $4,437,716.
It was evident from the first that some of these influ- of some reductions, for instance, that were made volunences were transient in character, and so far as they were, tarily and solely with a view of helping out the farming
allowance would have to be made for less favorable results industry.
But whatever the cause, what a commentary
in the future. The immigration movement into the North- It is upon the arbitrary course of State railroad commiswest could not continue on the scale then in progress, and sions, like that of Minnesota, which seek to prescribe rates,
as a consequence passenger earnings must be expected to when such heavy reductions as here outlined are effected
suffer a diminution.
Tne Canadian P.tciQc would be by voluntary action or natural causes.
completed some day, and the carriage of construction
As a result of tbe increase in competition and the decline
material for the same cease. The speculative boom in the in rates, the earnings of the Manitoba, which wo have above
Province of Manitoba, so far as it was on an unhealthy stated had increased fr^m $2,885,330 gross in 1879-30 to
and illegitimate basis, must collapse, and did collapse. All '%V*V*^y^'* in 1882-3, have now dropped to $7,321,736,
tlii) was evident from the first
Yet we venture to say and the net, which had increased from $1,450,393 to
Even with thi>
that no one anticipated any material falling off in the $4,437,716, are down to $3,483,034.
company's income as the result. Oa. what, then, were the reduction, however, the company still makes a very good
axpectations based of the uninterrupted exceptional pros showing.
Profits have materially contracted, but they
perity which was then being enjoyed? Simply on this, that were sufficient in the late year to pay all charges, 6 per
as the country wss new and fertile and had received cent dividends, and still leave a surplus of $454,380, or
important accessions to its population, business (local and sufficient to pay 2 per cent more, besides which the
tributary) must increase, and consumption and production proceeds of land sales yielded $360,114 as a sinking fund
Below
must increase in a ratio, too, to offset the lost of traffic in for the redemption of first mortgage bonds.
risen to $9,032,772
—
other directions.
The
question
IS
then occurs, has there been no growth
— has the country remained
at a stand
has been growth, very decided growth.
did not get the exclusive benefit of it.
still ?
business
.Vfanitoba
had a new competitor for all
Winnipeg ani Lake Superior. Tue
that road, but
between
seven years, or since the
Yes, there
But the
Other roads and
other companies thought it a very good time to come in and
share in it. Tbe Canadian Pacific was built through to
Winnippf!', and the Manitoba lost not only th^onstruction
freight of
a comparison of results for
company was organized.
FMra.
Op«ra(lii«
OrotM
and
of Kfor.
ISHMt
6BS
sas
IMS
IMO
imw-M ijm
MtKflUtneout
Incomt.
Ket
Inltntt.
«
•
1.484.887
1.4M.SH
njm
1*».0M
»njm
»M*jeM
1.188,817
iw.aoo
l,H42,417
i.im.ooi
8,sis,rni
S.<WI.01S
i.i88,nai
4.487,71«
8a,*ao
B07,8B»
3.1«H,l7a
4,iMs,oM
M.sw.asj
4,«40,S:5
4.«M,BSS
a87.8M
!l,OW,IIW
a,w«.nfi9
*.n»Ma
ee.«s4
4ans.sso
l,Sa4.87S
1.IMS.IIW
i.aN0,t80
a4Mi.iiH4
m.ii«
a.in4.9no
I.PM«»
a,in7,wi
;
laet-sn
»/ai.m
:
H.iKi.vyn
t.470
7.17i<.iei
If)
T.ain.7m
t
Thtill
Incomt.
1.883,088
MSl-SR
IMSI-W
iSM-ae
TbjMf.
S.WB.SM
t
Uf)»-ao
yet
ttui
»
1
4.511.
mo
THE CHRONICLE.
234
Swyhuon
Land
same time that the revolutionists misjudged the situation
and greatly over-estimated the chances in their favor.
That such a movement should have been attempted at all
FunOtdttbt.
.Stock.
Saiu.*
OytratiMU.
$ie.S24.»00
18.107,700
(15,000.000
l^^oo,ooo
7».4M
U8I-8*..
•weo,(m
S7ft,000
818,1ms
418,170
18I,S»3
SVI.I14
j,aiyt,e3i
M10.678
i,<too.a(M
1SM-8S..
lns-^«..
•
iiaoo,oao
4B4.!I80
i.«no.noo
Land
kkIi-ii
hfp HPHlled to rndemptlon of
10,000,000
ia«4«,000
80,000,000
20,791.720
80,000.000
80,000.000
81.86:1,000
iliUw««
flret
of itself sufficient proof that affairs in Bulgaria are not
In a satisfactory condition.
not been ignorant; and
some days before the
(?)
mortRage bonds.
In
••palil
is
Of
however,
this,
we have
a letter written by the
Prince
32,48n,000
80.000.000
dettloiuent of construollJU lme8 on
.
. ,
Bt. Vliii'«ut i-xtiiisl.in of .St. Piiiil A Paclllo."
,
to fund for Improvements and
: Aft«T ilcductlug *381,512 charged
$l.'i7.t>13of
XUIL
[Vol.
,
lenewalR.
and since published,
throws much light on a situation which, so far as he himself personally was concerned, had become the reverse of
comfortable.
deposition,
Russian
Servian
intrigue,
hostility,
the
upon him to maintain amicable relations
We
with the Sultan, and the conflicting sentiments of his own
facts may be of service at this juncture of our history. people in regard to most of the public questions, made
Under the stimulus of the revival in business, railroad his position the very reverse of enviable. We do not
construction is again being actively pushed, and in certain wonder that he felt himself " beset with troubles," and
sections of the country, particularly the Northwest, where that, considering the many important matters which
have dwelt thus at length upon the causes of the
decline in this company's earnings because we think the
necessity laid
were being multiplied even before the recovery required attention, as well as realizing the inconveniences
there is only too much reason to fear which could not fail to result from another war, he prayed
The promoters for a " restoration of relations with Servia, so that a
that the work is being greatly overdone.
Prince Alexander, since his
supplied with conflict might be avoided."
well
of new enterprises in a section already
new
lines
in business began,
railroads, lose
we
seen
as
an
cffset
are
steadily
the important fact (so important
of
sight
have
case
the
in
the
to
the
of
increase
Manitoba)
in
traffic,
those qualities which in
rates
He
Rates decline necessarily
declining.
as
field of battle
of a hero, but
when
most
fall,
of course,
we
is
acceler.
all
ages have
commanded
many
of
respect.
has shown wisdom and determination in council, and
on the
business grows, even without the aid of competition, buj,
the latter also exists the
Bulgarian throne, has revealed
accession to the
that,
difficult
he has 'shown not only the courage
very considerable
skill
in
command.
In
circumstances he has preferred public duty,
and quietude of private life.
would have flung aside
In the Northwest at present there does not the burdensome crown, and have allowed events to take
of 1884-85.
seem to be so much danger from over-construction in the their course. But he has from the first been loyal to the
territory north of St. Paul (though there is an evident people who made him their king; and in all fair fighting
tendency on the part of all roads to reach Duluth and he has come off victorious. It is rarely, indeed, that the
Lake Superior) as there is in the district between St. Paul public is ungenerous to heroic qualities, and especially
and Chicago, but it would be well if the promoter s of all when revealed in youth; and Prince Alexander is all the
new project?, especially in undeveloped sections, made as more entitled to public sympathy that he has only a few
much allowance for a possible fall in rates as they do for months ago passed his twenty-ninth year.
ated,
and
if
the competition increases
see such ruin-
ously low tariffs as prevailed during the trunk-line contest
with
all its risks,
Many men
to the ease
in similar circumstances
These events are chiefly interesting, not because they
have important bearings upon the fate of Prince Alexan.
THE SITUATION IN BULGARIA.
Occurring, as the
der and upon the future of Bulgaria.
Among the events of the week a foremost place must coup d'etat did, so soon after the open violation by the
be given to the revolution and counter-revolution which government of the Czar of the treaty of Berlin in the
have taken place in Bulgaria.
revolution but little matter of the port of Batoum, and while that government
expected by the outside world and a counter-revolution was yet smarting under the disappointment experienced in
within the succeeding three days, are not events of the vain endeavor to establish its authority at Point Laza possible increase in business.
A
frequent occurrence
while their probable effect on a
great question, the reopening of which at this time might
endanger the peace of Europe and the world, entitles
;
them
to
more than a mere passing
notice.
We
are not
areff,
on the Corean archipelago, it was very natural that
it with the restless and aggressive
the public should connect
ambition of Russia.
It
was
all
the
more natural thus to
by
seek and find an explanation, since Prince Alexander,
what he considered consistent loyalty to his own people,
and to the obligations of right and duty, was known to
ciate the more special ani the more general features of stand in the way of the Czar and his government, so far as
the situation which the events referred to have created.
Whether
they had a purpose in the Baltic peninsula.
It seems to be admitted that the capture of the Prince public opinion has been right or wrong in this matter,
yet in
full
possession of the facts,
come
to the surface
in his
own
recalls the
to
enable
—an event the
palace
memory
of
but enough has already
us to intelligibly appre-
entire character of which
the Middle
of Russian intrigue.
We
of the Pro-Russian
party,
Ages
—was the
result
whether the revolution has fallen out with or without
Russia's direct encouragement, it is an event in perfect accordance with Russian desire. It is and has been obvi-
do not say that it was done at
the instigation or with the knowledge and consent of the ously the determination of the Czar and his advisers to
Russian Government. Of that we have no proof. All Russianize Bulgaria and Roumelia.
the
It has been
that we can say, with confidence, is that it was the work persistent policy of Prince Alexander to resist Russian
the direction
of
and that
Russian ambition.
it
was a movement in influence in that particular direction, and to create as far as
have no reason was possible a separate and independent national sentiment.
We
to doubt
that the coup d'etat was as much a surprise at
Vienna and at Berlin as it was in Paris and in London
and it is not at all improbable that the capture of Prince
Alexander, although not undesired, and it may be not
wholly unexpected, was a surprise even at St. Petersburgh. The counter-revolution, which followed so rapidly
and which has been so pronounced and decisive, justifies
;
the surprise so generally experienced, and
It is quite probable that the counter-revolution has re^
vealed sufficient strength to replace the Prince upon the
throne. If the Bulgarian people should insist on having their
own
and
will respected, it
would,
we may presume, be
an easy solution of the difficulty be attained.
and an unsettled period
under the law as the law now is, it would be
of Turkey to step in and preside,, pending the
the disturbance has a deeper origin
intervenes,
shows at the the
dttty
respected,
Of course if
AoousT
work
THE CHRONICLE,'
188«.]
88,
of reconairucuon.
235
MBRCBAHDMB.
But we koow how Turkish troops
Their entrance into Bulgaria would
be the signal for another uprising, and Russia would once
Suppose Russia
more claim the right to interfere.
should take advantage of the opportunity to occupy
Bulgaria at once, what are we to expect from Austria
For
would be received.
July.
1886.— Exports— DnmeDtlo.
Foreign
by
&
is trifling.
wak of Aufutt.
*
Pbtls
ntts.. . .
ei.6"0;
BnCUo Roch. *
CaoadlBO ^Bt-lSc
Oetnil lows
CaHea.o A Alton
Cbleano * AtliD'lo
CbloMO A
SS.M7
Si. Pwtl
Nnftbwcst....
.
'.
'-'
•
''
U387
7706
44A.>>00
••7.437
»3«,300
44a>l00>
6^863
47.563
•0.3U0
114JM>S
4T,M)0
4.W11
U7,0«7
6.114
110'4
U.811
II.TM
1«M0
i8s.iar
-tUrrn.
L.
esoo
7.749
8S.00U
1.178
»8.0i*t
cue. 81. P. Mlna. AO....
On. Ind. 81. I. AO
Clavaluul akrun A Col
Denri-rA Kloiinndc ...
!)•-•
55.100
ITAMI
Ijut. lllloois.
CUeMo A
•7.7»7
t».l*S
S4*aa8
Lo..,..
txMm
K
>•
W'"
nMn
SSftJM
Ot
10L«r6
<vUle
F.
81
am..
8t
>ao..
fit-
k'i**n
lOSM
u*
WabMli 81.
384
10.376.047
9.!8.S41,&54
971,339.486
920.735.009
.5,392
»5S0.072
9)5,165,248
94.974,626
l,40.s.667
8,>«9«,393
91,9!«ft.73tf
913,871,018
911,394.330
•1,435,951
ll'.4
19.957
937,154,966
9S4.IS4.&SO
93,713,337
93,013.333
104.8)10
5.036.441
5.036,133
•1.S99.57U
•».538,768
99,640,356
BUrer— Dam... •3.30 1. 806 913.580,313 931,934.581
,
Foreign
1.014.330
6.404.531
13.104.438
Total
93.216,014 9l9.9di,74j 934.1 09.0 itt
Total exports
94.545.614 •3S.52J.Sll 913.747,376
Imporu— Oold
8588,413
97,884.«3*' 93t.n97.OO5
3.8'1A.<II7
I0.X4R.IA3
BUver
l'',t81,626
Total
93.434.4.t» 916,134,001 94^,176,031
of pxportsover Imports 91.131,181 910,388.430
9578,744
of Imports over eipurts
TOTAL MaacnAxmss a!h> com xnu bpllius.
1886.— Exports— I>umesUc....|954.3l5,768,94l3.235.7ai 9724.
Foreign
3J,77rt,2ia
1.88 8.639
33, 3^3.098
Total
956.30r557 9i3^ 55K.829 9757,8 •4.985
Imporu
57.5 16,538 »97,9"1.4-i9 'd79.O07.388
of exports orer Imports 9
937,007,4001 978,887,74^
of Imports OTer exports
1.S1S.141
1886,—Exporu— Domestlo
'.48»
948,085.64 9309 ••
Foreign..
2.213.011
-.191
Total
9^50 2»7.a.Vi • tlu.i.. ...... r
....^(J.67?
Imparts
5V..53U.091 3l>'.i7o.:<i<2 0l4,HI)5.098
Bseasa of exports over Imports 9
9tf«,3^,l>tfd 910^,3ul,578
Bxress of Imports oTer exporiai 3,24 1. 43h
.
91.334,770
-
.
I
iJM
14.ai
<
15.477
ssss
tMM»
5!n4i
"i'.iiWii
21.7X3
3,310
IM.M4
3.395.740*
Ket iDffwwo
918.26\507
99.8.53.391
9l3,34:>,7Sj
lltJttS)
PssMe
ToUIOOnwdsl
Total
of exports over Imports
Kxeea of Imports OTer exports
1885.- -Exports— Oold— I>om.
Foreign
Total
932.700,897
10.097,035
939,9 19,4id' 912,797,93^
9J1.04l,4Ut<
8.877,MttS
3,3 ^3
••,•14
i/iitii[u
•-%
33S
4,»I2
11.3»8
•8.511
3.657
• •74
N
Imports— Oold
surer
15.710
• 1. 175,311
91.309.363
937,117
93.346.379
93.431.69i
|
»S815
8,M0
BS.77S
S1,»A»
A'<at
>
t61,961,SU9:$161,tll2,sM
1
119
fS.Sftl
••MS
t...
Mexwaii
miwwii.
Dtcrtat.
tAJBM
i7».-ga
•>,4«0
.,
a
Chle. Mil.
tmertmm.
1886.
1886.
$t.'i,7»2.U3i $:i8J.0->7,tl-H( $733,32.'<,JU1
49.11i,W6a 3JU,1 3H,311 '>71..'>m.4«7
I
91,15i«,6iil
.
For«lgn
Total
Total exports
Thirty roads have reported their earnings for the third
week of Aa^uit, and show an increase of 9M1,403, or a little
over 12 per cent on the figuree for the correapondinK period in
Omaha, the Detroit Lansing &. North1885. The St. P«ul
ern and the Peoria Decatur ft Evaosville are the only ones
that record lower totals than in 1883, and in every one of these
Baff. H. Y.
Total
Imports
Bxeeas of exports oTer Imports
Bxe—e of Imports over exports
FteelKD
Total
RAILROAD EARMNOS.
Ikird
JxUy 31.
*'SZ,T8.'.70^ <>»0.3s<d..-i81 $(>S6,55a,499
BUver— Dom...
the drcresse
For the 12
Importa
60,530,7f.9 38<,I20,411{ t;41.»52,273
Exoeas of exporta over Importa
914,70^,226
$
EzeeM of Import* orer exports 93,718,092
3.72«J,830|
[•t4.6.'«0.0H5 «372.7«1.979 $713,161,681
1883.—Exports- Domestic
il.30S.9m
Ift. 167,620
Foreign
1.092.9:3
1886. -Exporta-Uuld— Ltuib.
now
seems probable.
I
\
July 31.
3362,634
0<>LU ASO nlLTBR—OUIH AND BDI-Uo!!.
tory to herself. These latter, however, are only suggestioos,
replacing Alexander upon the throne, an event which
Far0u7
$.M .846,405 «37'.i.3i0.842 $673,l.'i2,36»
93S.-02
8."^2.73<1
13.403,130
Total
from Germany, from Great Britain ? Or if so bold a
movement would not be wise, Russia might so handle the
opportanity as to break up the treaty of Berlin, and estab.
liah the peace of Europe on some new basis more satisfac,
of use in ease Bulgaria does not settle the difficulty
the
month of \llonthsend^d\Xonthsend«d
•345
S^l.aa7
I
I
383.072
361. to3
We iiave also reooived tlw foUowlOK additional returns (or
tiie seoood wnk of Angittt, raising ttie total numtier of roads
reporting for that week to S8, Iwvliig aggregate earnings at
$4,Ul.iW6 (his year and «a,Ml,098 iMt yew, an increaw of
9650,880, or over 16 per cent. On ly six of the fifty -eight roads
show any d'o re e .
—
Wmkof iMgMS
f.
FreTljr rsp'ted (S.'Smads)
Bataio Buea. A illlsb.
Boritlurton C. K. A Mo.
CMiD Via. A Cklo
GkleaiioA »r t Mieh..
da. K. O. A TexM Pse.
AlalMMis Uresl So.. .
V«»Orl«aBsAK. E..
tafesaa** Meridian..
letobantShrev. A Pae.
Cja slD asil Waaa. A Bait.
/erasM.
8
•
UMria...
lOnuat..
14.0A4
23.474
30,878
1.0231
9,3191
95,Itt8
4.5614>08
3.901, 03(i
«5',70l
630.HS0!
A Col.
A Ob. Mtdlnd
A Pwt Dodge
BTaasvlUe A Tane iT/.
mat A Pit* Marqoatto..
Onnd Tmnk i-f Cteada..
Kauas Cttj Port 8. A Q,
.
Motoes
Kansas r.ir
Msrqivttr
Bt. L. All.
1889.
•
8.653.15A
30,019
»4.«S3
13,614
97.8«6
•0.054
81.366
6,406
8,»79
8,313
40^601
14.136
7,438
6.331
18.713
•7,475
•46.071
40.087
37,115
33.254
34.608
15,"77
33,793
CaaTelsa4 Akma
Ori.
I>>s
1886.
Spr.
if.
aT.
II..
BrancbcK
TuaxABi.
A Mem.
A Ont
M.
.
Total (08 roadsl.
Wet lam see
3.164.288
491.160
343 ••
4aj8«
5.161
8.33
•jaaa
34.%S8
46,6aa
15.714
5.737
•.733
7.063
38.353
9,899
4.-.(76
7.346
18,3S7
•4,54
••0,006
•2.783
19.454
37 .909
>
Dttrttu*.
4.V212
3,2li3
14,302
5,662
678
1.846
1.XS0
18.33U
4.240
S,1S«
""sie
3,939
66.066
7,804
7.661
4.34S
S9.K2
4,315
IMPORTS AND EXPORTti FOR JULY AND FOR
THE ShyEN AND TWELVE MONT/IS.
The BurMiu
of Statistics has issued iu detiOled statement
of the foreign oommeros of the coantry for the month of
Jaly, and the seven and twslv* moatbs ended with July 31.
I
To««l» ..... il6.l>an.7W» M.Tm.707 g<4.»0.4ir«a0.ms.8ll »IOJB8Ji<l'»« .087a80
fiamalnlniriB wareboose July 31, 1886
9<8.239.97?
Beresl iilnn In wareliouseJuly 31. 1885
934,lu9,32a
' tu erior porti t> which inaroh* mUm can be traaaportsil irltuoBt
appraisement, under ael Jane 10, 1880.
THE CHRONICLE.
236
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
tZOHANaa ATLOHDOn-Aug.
13.
mzaBANOM
ZMUtl
Oh-
8 moa. 122\ A12-314
Amaterdatu. Sbort. Vi \^ Ot2'2
3 mos. 20-4B «20-S4
HambarK
AsMterdam
Time.
RaU.
1207
12 Short.
12
12
12
12
12
12 3m08.
20'46
20-40
20-40
Auk.
Auk.
Aug.
Frmnkrort...
l2-72'«»12-77>4 Aug.
yienna.
*•
12-72 >s* 12-77 »« Aug.
TrtMte
25'40 »25'15
Aug.
Antwerp ..
Aug.
23>e3-23
Bt. Peterab'g
Short. 25-20 »-25-27i3 Ang.
P»rl«
.
B«mn
2050 • 20-52
20-49 • 20-54
•*
*•
.
-rwu
LOirDO»
Aug. 13 Short.
DaU.
niiM.
Off
13 Short.
*•
Ibdrid
.«
0*iU«
lialion
Alaxandrla.
Oooatant'ple
Bombay
"
25-24
23"3a
25-23
York...
Boa<t K.ODK.
Wiaiuibal
62'«»25-67>i
4U3,94e>s
46^»46>fl
:
•«
>>
....
....
Int«rMt oOoiMd
for depofit< kv
Open market rata.
....
....
Deni'd
Caloatta
Hew
•26
understood to have been made in the open market. The
genuineness of the fall in the exchange on your side is called
in question, seeing that though our imports from America
last month were about £700,000 heavier than in July last year,
the exports thither were also about £218,000 heavier. It is
believed, however, that large parcels of Stock Exchange securities have al so been sent here. But whatever may have been the
cause the money market has become distinctly strorger. Balances are less freely offered, and a permanent enhancement of
the value of money is clearly anticipated. Whereas a short time
per cent, the charge
ago day-to-day loans could be had at }4 to
is now 1 to \% per cent, and the discount rate for three
months' bills is firm at 1% P^r cent. In the weekly Bank of
England return no particular change has taken place. The
reserve has increased £264,500, and the'proportion to liabilities
has risen to 43 01 per cent from 40-68 per cent.
The rates for money have been as follows
%
1261
3U108. •i5-.37i«»25-42>»
G«no»
[Vol. XT.TTI.
Is. 47i«d.
18. 47,„d.
Aug.
Aug.
Aug.
Aug.
Aug.
13 tel.traf.
(t
13
13 80 days
13 4mo8.
>3
18. 4'4d.
18. 4i4d.
Trade BilU.
Joint
4-R2
Three
3s. Oieiad.
4b. 3%i1.
"
I
Six
Three
Fow
Bix
Diec't H't'.
Stock
Months Montht Montha Montht Montht Months Banks.
Jaly
[From our own oorrespondent.
row
%» — i^^a - m-i
IMS " i«a
114,4 _ i«a
2«
2^ mm - m» - 2 ®
2«
9
16 2)4
-
-
Nom'l.l Nom'l.
1
Nora'l. Nom'l.! Nora'l-
I
Nom'l. Nom'l-
1
1S88.
1885.
1884.
£
£
£
25,427.745
25,529,1)80
26,441.0-20
3,853.542
4,273,lii0
5,»48,'730
Notn'l.
Nom'l.
23|
London, Saturday, Aug. 14, 1886.
1
SO,
-'XW82 1«<32M 2S<«2H
confiof
development
1
The past week has witnessed a fresh
Au2. 5: 2K
I5442 2<4i2<A Nom'l Nom'l.' Nom'l.
1
"
-'
12 2H m®
17«a2 2>i.«2^ 2M'a.2% 2H<l>2U, 2»j-a3
dence in the future. The Stock Exchange is generally accepted as being a fair barometer of public opinion, and the fact
The following return shows the position of the Bank of
that there bas been something resembling a "boom" in the England, the Bank rate of discount, the price of consols, the
stock markets, notwithstanding symptoms of a permanent price of middling upland cotton and wheat, and the Bankers'
hardening in the value of money, is regarded by impartial Clearing House return, compared with the three previous
•'
••
1
obBervers as a reprtsentative indication of the tendency of
commercial thought at the present moment. The effects of
the change in the Government are already becoming apparent. With the advent of the conservatives to power, the
gloomy forebodings as to the political, commercial or financial
years
circulation,
excludine 7-da7 and
other bills
Public deposits
1883.
£
26,165,540
4,999,578
22,339,717
11.962.631
24,329,3-14
24,425,244 30,1 63,1
future have been gradually disappearing, until now the dis- other deposits
14,188,370 15,893.663 13,577,763
position is hopeful. This of course means the existence of a large dovemment securities
19,979,132 al,2Sl,-.i43 22,083,198 20,7-22,125
ether securities
measure of confidence and the relaxation of the policy of ex- Reserve of notes and coin
11,752.332 15,402.01-i[ 12,751,652 12,821,73S
21,430,076 25,181.9-12 23,442,672 23,237,298
cessive caution which has crippled enterprise, and confined Coin and bullion
46)< p. C.
P.O.
4201
4tHp.c. %
liabilities
p, c.
Reserve to
i;rade within its distressingly narrow limits.
4 P.O.
2 P.O.
2p.c.
Bank rate
2% p. c.
lOOd.
The Board of Trade returns do not come out so favorably as Consols
lOOJid.
1015<d.
99Md.
43s. 6d
87s. 6d.
31s. Sd.
83s. 61.
was anticipated, both imports and exports for July exhib- Bni^iisb wheat, averafce price
3-I61I.
5
5
13-16d.
4 ll-lSd.
5 6-16d.
Middling Upland cotton
iting a falling off; but then allowance has to be made for the
9%A.
9Hd.
Sd.
8T«d.
No. 40 mule twist
lower prices now current compared with a year ago except ClearinK-House return
100,618,000 98,949.000 91,428,000)lll9.S31,0a0
wool and in the case of imports it should be noted that the
The Bank rate of discount and open market rates at the
decline is mainly under the head of foodstuffs, which of course
chief CJontinental cities now and for the previous three weeks
does not indicate a curtailment of manufacturing industry.
as follows:
As we look chiefly to America to revivify our flagging indus- have been
tries, it i.s some satisfaction to know that our exports to the
July 22.
An 5.
July 29.
Amo 12.
Bateeat
United States during July exceeded in value those for the
IntwMtot
Bank Open Bank Open Bank 0p«n Bank Optn
corresponding month of last year by about £'218,000. The
BaU. Market BaU. Market BaU. Jfork«I BaU. Market
statement that an order for 20,000 tons of steel rails his been
3
2)4
3
3
2H
Paris
~~2h'
~2>r 3
placed here on American account, and that further contracts Berlin
3
3
IX
1,4
3
3
1«
IH
3
3
1«
l?s
3
3
1%
1«
H-ranMort
are likely to be entered into, are encouraging features on
3
S
1«
1«
3
Elambnrg
IW
8
IH
•which to build up hopes of better things, but the hardware
an
IM
2W
1«
Amsterdam^....
Ifs
1«
2«
2W
trades are still a long -^ ay off from being fully employed.
2«
2«
2«
2
2«
2«
2>«
2H
4
4
4
4
4
4
4
4
Whatever change may have taken place in the commercial,
4
an
4
8
3
4
3
4
poeition during the week has been in the nature of improve5
S
5
5
5
5
5
5
St. Petersburg..
3
ment. Nothing much has been done in cotton, but some Copenbaeen
3
3
3
3
3
3
3
business has been passing in wool, and, says one report
Abell write as follows on the state of the
Messrs. PLxley
"more would doubtless have been done were it not for the
bullion markei
constantly rising pretensions of holders, amounting in many
Gold.— ThH Bank has purchased durius! the weak £ I'l.OOO; but orders
cases to the absolute withdrawal of their wools from the mar- r.>c<-i\ed to-day. on New York account, will absorb all arrivals in bars.
Bank sold £l(i6,0(i0, in sovereigua, for South AiuTlca and Lisbon.
Tlie
ket, so that, in spite of continued inquiry, comparatively few
The ar.ivaUco'iiprise £:«,00f)frjui the East, ili.ooo fr.iiu the West
sales are for the moment taking place." When it is under- Indies, £32,000 from New Zealand, £6,0U0 ti-oui the Capo; total,
,^.
^
stood that these Bales have been effected at a further advance, £89,000.
Bar silver followed the Improvement in Indian exchanRes, and, witu
We have received
amounting in the more recent transactions to about 10 per small siippiies to hand, the nrice has touched 4:'«d.£20,iii.O
from New
£15,000 from Chili, £10,000 from West Indi™,
cent over the July rates, the firmness o/ the market will be York total, £15,000. The P. & O. steamer lias taken £130,000 to the
...
,
recognized. Another favorable sign has been the publication East.
Mexican Dollars.— The price of this coin has been perfectly noralral
of better traffic statements by the leading railways; in
the week, and an arrival, ex Fre nch steunur, about £oO,000,
the durlDg
lias yet 10 be dealt with.
majority of cases an increase is noticed. True, too much stress
The quotations for bullion are reported as follows:
must not be laid upon the accounts for one week, nor are the
8ILVB11.
GOLD.
gains at all heavy, but the notification of a slight increase is
London Standard. .4113.12. Aug. 5. London Standard. Aug. 12 Aug. 5.
welcome after the cotitinued statements of deficits. Add to thi
d.
A.
<J.
d.
«.
•.
a rather firmer discount inquiry and better weather for the bars Bar gold, fine.. .01. n 9
42
ot. i2ii
Bar sliver
77 9
Bar sUver.oontalneat, and the adjustment of the pro et con should rather
Bar gold, contaln'K
Ing S firs, ffold.ot. *2H
*2H
77 10
80 dwts. silver. oz. 77 10
accentuate our hopes of the rehabilitation of trade.
.oz. 45 :3-ie 45 5-18
Cake sliver
3pan. doubloons. OS.
fresh element of steadiness has been introduced
dol8...oz.l
Mexican
3Jlm.doubloonB.oi.
into the
money market by the inquiries for gold for New York.
NothAcoordini{ to 8tubVs Weekly Gazette the nuoiber of failing has so far been taken from the Bank, but
purchases
ures in England and Wales during tiie week eading August 7
—
—
1
).
.
&
;
.
—
A
are
ArousT
THE CHRONICLR
28. 1886.1
237
was seventy, or foar more than
last year, the number to date
being 3,&!S8— an increase of 17G. The number of bills of sale
registered during the week was 209, or 3d more than laat year,
and to date 7,131 an increase of 341.
The India Office will receive up to Sept. 10 tenders for a 4
per cent loan of 190 lacs of rupees, the sum to be raised being
—
Qitantil),
1985.
Paper—Writing,
Ac
priotlns,
owts.
P37
506
All othiT klnd&cwtg.
Sklnn auil furg
Stationery .oUi'rthan jiap'r
Talut
1S8U.
451
already intimated above, we have no reason to complain
o( the Board of Trade returns jn«t issued for July as far as
concerns America. We have taken a larger quantity of cot-
ton than in the corresponding month of lost year, a fact
explained by the greater activity in cotton-manufacturing
dJatricta, but our Indebtedness for food is not up to last year's
total. In the aggregate the value of our imports from America
during July was about £700.000 more than in July, 1885.
In the exports the increase reaches £318,000.
An ex.
amination of the tables further below will show we are
doing more with America in iron and steel, wool and woolen
manufactures, and in linen goods, than was the case last year
and it is a satisfaction to know that inquiries for iron and
steel, and other articles, on American aoooant in this country
are increasing, thus promising a yet more extended businesi.
The totals of the imports anl exports to and from all countries have been as follows:
timpani Fonian^ ^Srpvrt* BrUUk 4-> ^M»-moort$P»nlm^
),<31
l,4
42.779
7.a23
lb and Ami an Ctouatrin.
Aa
1856.
£I,S01
£2,903
0O
94.80ti
7.874
The movements in the precious metals have been as follows r
£800.000.
Subscriptions have been invited during the week for £134,000 6 per cent debentures of the Alabama Great Southern
Bftilway, the price being 95}^ per cent.
1885.
18M.
£
Import* lo Jnlf...
l>o7 monilu
BxportM Id July...
Do 7 BOBtlU
SILrcR.
ImporiM In Jalr. ..
l)o 7 foonthA
export* In Jolr...
188B.
I
U1.7W
I
1S84.
I86S.
£
£
£
S
I
i.tn.7CB
lb and from (TMted StotML
ISM.
i,fliia.(Kn
i.a£5
ifio^iaa, v3i4.70i
7V«,6>M>
S.0S!).74«
ia(i.a3;
7,7M,i7a
4SI.S»
«e7.7*i'
8si.sao
5TS.t«3
&.«hT.4M: 6.(WI).£.U3: 4.408.IIM
t(l<i.i;i
«,4.M.au
MH,aMl
«.«aB(,8«| 3,aTs,s«s
IM8.0flWl
«i»,«*7
»T*.ni
1880.
£
«.sTr
sso.iau
110.4.13
S.9IM.&40
a«,iao
8»,«00
77.»<0
l,33e,Ma
1.7V1,«WT
I.OMJttl
aHI.4>IA|
aoDUu
5.)<7u.(na 8.31il,U£l 4.44U.0IA
8,ooal «mil
A very quiet business has been passing in wheat. Blillers axe
just now holding their hands and doing as little as passible,
awaiting the result of the harvest. In spite, hoivever, of the
somewhat nominal character of the markets and the limited
extent of dnalings, there is still a firm tone apparent. Sellers
continue to have the advantage, certainly not a very
decisive one, but sufficiently so to turn values against
the buyer, even
in
the small amount of
business
now doing. A steady trade under such circumstan'^es
speaks we)l for the future of the market, and gives some
support Co the belief that permanent iniprovtment in
values will set in so soon as tne harvest has been secured.
Some cargoes of California wheat have be^n taken ulT coast
for France, and these purchases have given a tone to therfC-atoNMj/VerfNM.
iritlt fYodutU, ^*.
* ChUimial 3ttUr de. trade. The frseh sapplies of the week have been fairly good.
Uenoe deliveries havejnoreased, and foreign importations of
July.
jHfy.
Juht.
7 mo*.
Jnly.
7 asa.
7 mot.
a
£
£
a
£
£
both wheat and flour, especially the latter, hav« Iteen fully up
}SM.... S4J0a.4l« »I.IS7.I97 tl/MSMt t
lJ»
4.i4a,sas
si»v,jn* to the average.
The actual quantities offering have been
if*i.
ai,49i.4ir7 «ouiHi.Ma
UL«aD,sH mSii^B
heavier than for a week or two past, and the exhibition of
mnSn ^^--^^
SK,ia3JBI8
The following shows the imports from America during flrmnce* is therefore all the more valuable as an indication of
the leal state of trade. But whatever movement may occur
July, so far as enumerated in the Board of Trade returns
promiare to be very gndual, there being no reason to expect
-Vmltu^that millers will readily abandon their hand-to-mouth dealings^
la^.i.
I88rt.
18M.
1885.
The following return shows the extent of the imports of
Oxen aud bulls
Ha.
I'.XlVi
1«.<C7 <U0,7tt9 £^1.373
Oowi
So.
S
Hi
40 rersal produce into the United Kingdom during the first
Calvw
:«o.
forty-nine weeks of the season.
Wraepand lamb*
Mo.
I.M9
45a
DOPom.
Do
7
»M
:
Wbrat -Alias. i>orls.ewu. I,lA3,Ma 1.3t5,MS
PSeUle port*.
eirta. 1,20 1. AM 1.2i9,aiM
Floor
cwu 059.235 1.IS7.M6
B on
cwta.
1M,«I4
MOjn^
••r-aalud.
rwia.
ia.AU
16,663
rrash
ewia.
04.SSO
7S.19I
BaoM
cwta.
60.191
63.^87
Maat. nsooaafM'd.rwt*.
fnarrrr^
«irit.
lf^'49'
84.101
r«rk-8a]ted
ewia.
11.473
15,185
—
•Trwh
ewfa.
Bolter.,.. .... ...... ovtSb
^a—se ........
na
14.711
S09
4.835
137.116
4.BI0
»7.sa7
ie7,3»l
183
1,345
3,30 i
4M
157
6«4,sa3
41.106
7.466
......awls.
cwta.
ewts.
ewia.
Jard
aiMtar, teflned
Copper oc»
tosa.
Ae.......,iana.
L'nuruashl and'portljr
tfaiciilin,
wnraskt
ObMod, raw
loaa.
cwta.
cwta.
TWlow
Wooda UuibN^IIatm.lda.
6avD and apUt. ...load*.
~-^
..Ho.
.Iba.
».77«
46.291
S1B,750
253,C«t
89.760
14.SSS
16J^64
2,544.4M
.so,ux
is.ssa
l,0«s.s»a
4-
1865-6.
6...,,
...
«'i
m!.M.S
."^ij
34a.68S
V2.778
iB.s.mo
ai.xs*
171.7
•*
I.-.O..
-
1
i-.j,.;(i6
51.317
.'•O/iilH
l.\J.-l
-U.-13
«\<i:(i
I':.o7«
2
7.^.-.l•.^
l.^,!•rJ
ftl.H.")
11. '.(9
1»7.47H
ai8.<..%9
14.'.UJ
111
J.: 11
»I,VH5
58,U.9
22,7.^9
6,750
719.401 1,659.: 18
49,S'^u
48,343
6o.«33
3.^,>^l9
80.3-1
4».-a*-'
8.-1.!
.l.io^
;35,iJ2
Ol.l.'io
1884-S.
1888-3
lifS-4.
...ewt. 48,94.3.170
B.7J8,l>a9
54,3't5.130
49.«0,3«4 an.nii.no*
lU.U^O.Otl
10.23l.tM
I'i.l73,ft22
l,'»9.'i,»70
l,87a.U>0
13.9(»1.i71
12,43'..977
1,610, sot
a.'ioe.Hi*
2U,S93.84.<
13.7ti8,074
3,1U3.0U
3,027.'il'<
2ti.40'.),54l
27,3^7.341
14,127.340
Oata
B4aoa'... .."...
iD'tlaa eora...
fl'Nir
3;.9.lj:i
3,5
Barley"."'.""'
,
15,82tl.58l
!
'
'.
1
.7
.
Supplies available for consumption in forty-nine weeks
(exclusive of stocks on September 1)
188598.
1894 95.
1893-94.
1892-83.
bsportsof wh«at.ewt.4H,<t43.i7n .'M.3.<.%.|:4A 4M,'ilil,.ir.l 63 011.608
IispartBof near
13.7rs,07i l.^.9^!..^9I I4.i::7.34a 1.-..7 12.527
Sales of boal•Cn>vn..4•>.<H.^,472
tWal
39,021,U)7
42.-92.000
38.8l».ltf<i
100,71*6.7^5 109.233,348 101,65d,S76 121.616.135
The following statement shows the extent of the sales o
home-grown whea t , barley and oats in the principal market
of Rnglan4 and Wales during the first forty-nine weeks o*"
the ssaaoo, together with the average prices rdalizad,
pared with the pcevioas season
com
1883-84.
Below are the exports of British and Irish produce to the
United SUtta, as far as can be gathered from these official
during July:
9HenMlw
Value
—
1866,
...Ha.
aod
ato..
53
..bbl*.
1.93
..loo*
li.oio
.Italia^
t~.t\in
drfta.
J»a"«
CMIOD pirce Kooda.
Jnl»— Vani
.
2
liw.
93.70t>
.r ila. 4,670,6< ii
.Ibn.
97«,j<00
nM««ooda....j<l(. 7,476.300
Uaaa-Yaro
lb*.
Bk
falirloa
Womioil
r*>>rii-a
y.la.
vl>.
KV9.KO0
4.ni !.>()
I
7.D;fl,6O0
41,185
131,900
Inoan.i
Bi
39.700
1
6.4
Ra
a.llfi
llo.
3,»98
C
Ol
186.ril7
2,645
3.713
12
'.'.IS
21J.'.i7.t
6caal.auwrita.fiii. ...r.im
1,131
tooa
ewta.
I
anwnmclii
8t*an>-eiiBlo<-a
OtbrT kltMta mw-bloacy...
200
1^.419
19,939
28,il<g
2<>.5:i3
93.543
Ba««ao<l aark*
....... ....owta.
sftkaawara * poroalaio
qra.
1,8>>7,000
litO.OOO
3I2.IVK>
P1onr,«Kiaaltoqrs
Molao
qr«.
acUak
1992-33.
1,857.U00
190,000
42i>.000
£aa< yaor.
1,678.000
143.000
1894.
1,7 >7.030
18<.0'>0
199.000
229,500
riaaaelal SfarKesa— Par Oabla.
The daily closing quotations for securities. Sec., at London
are reported by cable as follows for the week ending Aug. 27:
2.'..:-3
S\.7.9
l.«70
.^..550
5.2';ii
9.1:14
303...!!.'.
2.J8.4.-.2
2J,U.|U
36.181
20
940
3i0
•»
675
naiae afloat to the United iCingdum.
TkU ftek. ItOMl waaik.
WUeat
1893-81.
39.021.637 38,'il9.10J 42,992,000
quantities of wheat, Hour and
1.154
"liisVii
4.71? I
30.099
f,t>3'»
360,767
9.784
•S.iOO
fi.S.77()
1884-85.
awt.40.085,472
The following shows the
!!»:(. ;127
217.7.-18
5,U2.^
aii'l itlopa
ewla.
do*.
'.J3
1M,«1»
Hawrdaabar jr A mullnnr
Alkali
111
31, r:i
2.n39
Tto-pl.
Apparwl
18.«.518
14,09l
3I,»^II
B20.2UO
CO
5.4^9
;!-!^
4.329
7.7S8300
3.7.'ft.lOJ
Okrpao
HardWHr
if"*
Tin.
1885-86.
Vhaat
.
Ii6.:<oo
Place (o<ida..ri1i. 7,006.100
broadamlh
yd*.
81,307
Otter artlei<-a ofallk only
Aftlrlea nf allk aoil olbcr
Bat«rial«
Woulao
Converting quartaca of wheat into owts., the totals for the
whole kingdom are ostiniated as follows:
3.io2
2.'.l
3!>.
>
7.2
I
1
1
I
>
I7.H.2
2<i.i:m-
2I8.0>.(I
7(<,"3l
6.-1.I
17
63.191
148.900
li.7
•!»
10,98'>
1,339
55,048
15.232
49,791
Ifondon.
BoL
Man.
I
Ttut.
Ifad.
Tkun.
rti.
42>«
42%
I
42>«
42 ^
42%
uaaola for money
lol'ia 100<.>ie IMio.a
Xmaola for aoeoant.
101
1011], 1« O'g
Fi'ob rantea(lD Parla) fr 83-20 82-86
82-85
a. 6. 4is«or 1891...
113
118
112%
129T«
a. 6. 4a of 1907
I207g
129%
69 >
'^aiudlao Paolflo
69
fl9»9
bio. Mil. a 8t. Paul....
95 >«
95 >s
05 Vt
{Tie, oommnn atoek....
33la
3S7„
SS%
lllnola Ontral
139\ 139i« 139%
'enaa/lranla
59
59
Silrar,
peroi
.
"hlladelptalaA Raadlnir
We » Tork Ontral
13>«
113^
ISI4
113%
113'a
42>*
'
100iii«<100i-i|o lOO'a
1011%
|l':ll7g
g252>t
82'nr>
113
1297,
67 7g
1127g
I29'a
94%
33%
139 >4
69%
12%
1113
Hrt7g
94 >4
»2>«
13!)
ftHH
12%
113
10015..
92-75
112^
1297s
67
94%
83%
&8%
138%
13
112%
'tirT~<
THE CHRONICLE.
238
l^ommevctal aufl gittsceUatt eatta j^ettrs
National Banks.—The following national banks have
lately
Importations of Drjr Gooaa.
The importations of dry goods at this port for the week
ending Aug. 26, 1886, and since Jan. 1, and the same facts for
the corresponding periods are as follows:
been oricanised:
$75,8J5ftO-The Urat Nntloiml Bank of Worthlnirton. Minn. Capital.
000. Anion Kn.ililaii. li, Presliltnt; Oeorftn J. Day. <-"»'''«^Jos.
#100,000.
Capital.
Pa.
Ko.Vfnifoxl.
8,501—The Nalloiml Bank of
kcelf.) P.. .iilt'iil
U. 8. O. FlukWiuT. Ciisliler.
Bank
National
River
Powow
of
liii
1
KotlM h«» liicii iflvcii tlmt ihc uami'
of sauliurv. MiiM. d.oi!'). has been cliaugod to The Powow
River Nulloual Bunk of Aiuesbiir}', Muss.
:
.
IMPOBTB AND EXPORTS FOB THB WEEK.—The imports Of last
wenk. oompareil with those of the preceding week, show an
The
iacxease in boili dry Koo<l8 and general merchandise.
total imports were «i8,610,053, against 17,872,090, the preceding week Rndf9,017,0H two weeks previous. The exports
for the week ended Aug. 24 amounted to |6, 429,918, against
15,549,646 last week and 6,512,151 two weeks previous. The
followiug are the imports at New York for the week ending
(for dry goods) Aug. 19, and for the week ending (for general
merchandise) Aug. 20; also totals since the beginning of the
flrat week in January:
VORBIOa IMFOBTB AT
rorWtek.
Dry Goods
--J -IS
1886
$2,939,679
6,012,192
5.5 75.200
bb
CJ'tO
!i00,69s,868
osco
too*
a statement of the exports (exclusive of
Bpecie)from the port of New York to foreign ports for the
week ending Aug. 24, 1886, and from January 1, 1886, to date:
XPOBTS FBOM HBW TORK FOB TBB WBBK.
OicO
tc<i
coco
1886
1885.
$6,107,139
202,880.216
1,
1886,
io 1-
b
"yoi
0<OOtM->3
CO
C03
:
!
o
e!•
in
!
ft
01
!
;
t
.
.
!
o
MOD *
*^l
X 03 to
3
-.0
MtOCStOOS
OtC0K.-4Ui
129,315 114.181 211.623
V^Vbrob
34.832
tOtCi*^»CM
98.8.S0
0*.
PP0;-C*3
6,198
0.00
!
-KJWUW
tOUI
OSifh'ttOOCO
WW
coo
»H=
tCil'l-'lOX
M
if.(Oto<£.a)
«o
W-J-JOi*.
*.
WS Oi
»
00
Cd^cOIOCD
— CCrf^
CJiO^WM
C3JO0
<5
to
P-
If.
OtM t-'M
l^C0»O-1
U
CO
00 K)
01 -B
ts
*.oo
<)Q0-WO
c-ai->~j
-OOOMO)
^
OSM
CO 4^
fl!
coa
CCOD
oc«
"Ipi>'-iaob
--J
cs
<i-£>
b*x<j'— D«
KtM
u*
00 -q
*>-
Kl OS O* ^S tP-
CDrfwMtO^l
MXaCPCO
O'
to
(a
*OS
CO
Xo
to
#-lP>00COOS
i?
10
cocn
Oif^
iP-M
a«i,i:
to
C0<1C0^^
actok-*©
^Wt
os_^ospp-»
X b tw*yi
OOtitOO
f»»oaotoco
;j'
tOMI0£i^
cn**
OSCOOOXCD
i-»
CO CO
if>-
MM
rf^
l^a
CO
QO|f»'
^P-OiOt^.
UM'-iOitO
OS^l
CCi^ObCOCX)
to
oia — ox
yt 01 -4 •£ 00
K>OS
coot
I^X
•-Ji**^^OS
or-
*-_CO^<I
brf.^
bb
I^UCOOlCd
Orf^XiOC3
to —
ctpop wj;*
bo'bbb
c>5^o^:ao u*
t.-
MMMCOW
Of)
1t^
OsO
— to
ViVccbM
MWrf^X-q
03^».pp
bVi'-ito'*-J a C (C #^
—
<lKt
CO 01
om
^
~i
t^u
^ -40
lF«-<jps
aMCooto
osx*- Oto
Mp>WQD»
bx<ibM
COOQtOO
OtOUiO^
5oa«p5>
C<CM3SM
VbVjcob
10.966 14.194
98,911 14,264
*i^'rfkVioo
I
M
il^
$6,429,916
190,990.777
and for the corresponding periods
1885 and 1884:
BZPOBTS AND IXFOBTB OF SPBOia AT
tw
10
an
CO
The following table shows the exports and imports of specie
at the port of New York for the week ending Aug. 21, and
Jan.
•
to
03
OM
to
(r>
Total S3 weeks. $326,479,889 $210,062,762 $208,937,355 $197,420,693
since
;
"<
^J
'i(^co-ito*:«
r;»
Prev. reported..
s
.
0CWll>.'XCl3
bot
w
w aoo
b MO
Ol-
M
toco
$75,218,858
1884.
i
rf-'-i-cOtUCJ
=
$3 031.853
$63,983,039
178,081,846
$6,899,408
203,163,354
CIO
CD
«
bw
-I
bbb'b'b
ioas<jocy"
$76,688,'>35
1883.
X
OPS
$81,934,091
214.091,854
$8,623,298
217,856,591
.
:
;
Ol^-jP'fCW
Total 33 weeks. $296,025,945 $279,376,042 $242,064,885 $275,917,724
For the week...
C: CO
M ® K.
«b
&- —
I^MO-?M
$8,610,053
is
e
if^CC
$3,951,871
The following
c;
OSCC
$7,683,171
20^,688.007
:
to
1.
Gen'lmer'dlse..
CiCCCC-IO
OK)
$8,702,328
Total
BinceJan.
C5WMM**.
fOhS
I
OOH
1885.
«2.617,113
5,066,058
«2.988.035
5.714.293
0«ii'lmer'dlM..
SI
g;
iiiiiT
HBW TOBK.
1884.
1883.
Dry Ooods
ZLm,
[Vol.
JMtOCCrf».
w
MX*.M Ul
CC 00
OS £>
00*— 00
CnMMrC**.
^j^rfi-y^O
O'if^bbiOl
©aoc;tt»ps
c;>cQo__.»"p
ccbtoVo
M
<)pfkto :;'M
o'
OS-'CS^tO
If.
x-
o:;'^
^
xo
-X"
—
NBW TOBK.
Oregon Railway & Navigation. The Portland Oregonian
As soon as a railroad bridge can be built across the
Willamette River, the Oregon Railway & Navigation Company will run its trains inio Portland. A bridge will be built."
* * * "The matter has been carefully canvassed, and it has
now assumed definite shape." * * * "The question as to
whether a franchle from the Legislature or trom Congress
says: "
Import:
Bxporlt.
Sold.
West Indies
Mexico
Boath America
Week.
Week.
Sinet Jan.!.
$
«12,475,H44
ll.571.8Ul
5.469.2H5
6,408,186
145.622
l,0.<1.9-.4
282.5.i0
66i',733
2.a40
4,180
1,068.886
30,229
25H,579
7,547
Breat Britain
France
-..,,,.....
"206
.
T»t»l 1886
Total 1885
Total 1884
$193,687
1 131 173
,..,..
All other countries.
Since Jan,l.
i
499,403
$200 f36,985,732
39,728
21,428
6,368.491
37,894.664
$161,500
$434,092
12.744
163,158
$3,722,055
6,052,5(;0
9,902,735
Bilter.
Sreat Britain
France
eerman.
West Indies
3.i0
$6,225,471
194.127
1,200
38.8.50
230
154,280
»
$300
48
597.219
will be necessary has not yet been passed on by the attorneys
of the company, but no doubt, whatever legal authority is
demanded will be granted,"
Wabash— Havana Bantonl & Eastern.— At
Springfield,
Auiiust 21, in the United States Circuit Court, a decree of
foreclosure and sale of the Havana Rantoul & Eastern Railway was entered and the sale ordered to take place Oct. 27.
The sale is to satisfy a mortgage of $300,000, with $60,000
accrued interest thereon.
III.,
—
Mr. A. Dutenhofer offers in our advertising columns today $50,000 Ist and only mortgage 6 per cent b mds of the
2,9d2
75'60i
302,937 Hyde Park Gas Company, in the suburbs of Chicago. The
64,067
53,---58
above is a balance of a total issue of $200,000 remaining
Total 1886
$166,182 »6.752,396
$65,1«0 $1,071,739 unsold, being a lien on property valued at $500,000. Mr,
Total 1885
311,820 11.495.208
9,225
1.229,008 Dutenhofer says he has examined the security and can confiTotal 1884
270,200
9.206.397
44.834
2,555,627 dently recommend the bonds to investors.
Messrs. A. S. Hatch & Co. offer at par and accrued interOf the above imports for the week in 1886. |114,434 were
American gold coin and |50,875 American silver coin. Of est the six per cent debenture gold bonds of the American
the exports during the same time $200 were American gold Electric Manufacturing Co., due in 1905, both principal and
Mexico....
3',5b5
19
11.636
50,000
....
U
Boath America
other onnntries. .
1
17,.)47
—
interest payable in g. .Id coin in
coin.
New York or
sterling
money in
London. The bonds are secured by a collateral trust with the
United States Sub-Treasury.—The following table shows American Loan
& Trust Co., consisting of dividend-paying
the receipts and payments at the Sub-Treasary in this city, as
stocks of Electric Light companies, the par value of which
well as the balances in the same, for each day of the past week
is 33J|j per cent in excess of the bonds issued against them.
:
Balancet.
DaU.
SeeeipU.
Paymentt.
$
$
Coin.
9
Aag. 21
••
23
" 24
" 25
" 26
" 27
1.1S2.455
1,643. <16
1,719,904
1,202,6.>0
1.252.394 127.941,524
2.1X0,88 7 I87.947.o22
1,76^,489 127.932.202
1,69.'»,724 127.K 14.672
1.137.4y2 127,835.594
l,62.i,It3 127,829,847
Total
8.514.939
9.521,0891.
..
1.3»i.,5>7
1..'170.0.17
Coin
1
I
Oeri't.
Ourreney.
59,004,960
59,023.270
58,698.870
58,62"', 130
5'<,507.44o
57,7«2,260
28.225.746
1:7.794.368
2K,090,»43
27,950,106
28.3 2.500
28,620,913
Baltimore
atr
82''e
Share.
54 St. Nicholas Rank
Bond.
fl.OOO Union Gas
of Eiist
68,
Npw York
due 1905
United States Government and other desirable
SECURITIES
1
Auction Sales.—The following were sold at auction
week by Messrs Adrian H. MuUer & Son. 12 Pine Street
Sharet.
BO Bank of th« Rf pnlillc....l27>8
5 NassHii KIre InsiirHnee
Co. of UrooklTu
146
40 CnncollriBtpd Gas Co. of
gattliitt0 anil Ifiwattjcial.
$
this
lieH
Llitht Co.
ist mort.
oe
FOB
INTESTORS.
All stocks and bonds listed on the New York Stock Exolianj;e bonght
and sold on coiumianlon for cash.
Deiwt^lt accounts rt^celved and Interest allowed on monthly balances
subject to draft at sl^ht.
HARVEy
38
FISK
Nassau S
eet.
&
New
SONS,
Tobk.
AuorsT
THE CHRONICLK
28. 188«.
The following are quotations in gold for various coins
94 84 ••4 87 Silver >«s and 'as. — 99SiO par.
Qoing,
%h,t jpattkers'
^^55?:
OIVIDBNDS.
annooneed:
TUB foUowlnit dlTUlend* hmve
reeentty
Nxm
Par
Qf
Ballroads.
Boaton
ann.
Del.
'.
St. I-
* CW.
•-•
92
I
Sept. SOMiit.
Sept. 13 Sept.
1««
ScpC IS Ang. 29
nisrellaneons.
&Bu(Uun
Books Olottd,
(Day* inelutive.)
(qa»r.)..
* Albiniy
Id
Whtn
CmU.
Cun»l Kuar.)
1
to
4
to
239
Sovereigns
3
Napoleons
Z X Retobmarks. 4
3
XOallders
_ _
Rnan"hi>oabioons.l6
Met. Duabloons..l5
Pine «old bars
Finn silver bars ..
DlmesA <« dimes.
—
-
85 • 3 S9
75 • 4 80
96 • 400
55 •IS 65
55 •IS 65
p»r«»«Dren>
92'4» 93>i
99><« par.
Five francs
Mexican
dollars..
unoommero'l.
.
Peruvian sols
I)o
— 93 • — 94
— 72 »— 75
— 71 «— 74
— 70 • -72
KngUsb silver.... 4 80
0. 8. trade dollars
U.
8.
«
4 86
71
sUverdoUars — 99>s* lOO
bonds have been
week, not a single trsnsaction having
been reported on the Stock Exchange, and quotations remaining about as on last Friday. This falling off in the demand for
government bonds may be partially aocounted for by the
United States Bonds.— Government
entirely neglected all the
to Bept. 15
WALL. MTBKKT. KKIDAV. Aocvat 117. lS.SB-5 P. M.
Hoqey Market and Plaancl*! SItoation.— The
higher rates prevailing for money and the uncertainty as to
adranced its rate of Interest bond calls in the future.
The closing prices at the N. Y. Board have been a^ follows :
and thus taken the usual step to protect iu stock of gold.
time
from
But our money market will probably get relief in
InUnM Aug. Atig^ Aug. Aug. A%ig. AfiO.
27.
26.
25
24.
23.
Period*.
31.
funds from the
the bond calls and from the natural drain of
'I09»g
•10«''8.*109''»
•ion's
log'.
,..re«t.Q.-Mar. 110
interior towards New York, attracted by the hixher rates of «>«8.1891
me
Bank
of
England ha«
at length
I
J:
interest; in that event we can get along without the importation of fonign gold.
^ , ,,
The railrond earnings that came out this week for the month
of July continue to be encouraging, including the PennsjUania
and Erie statements of groas and i»el receipts. The better rates
obtained this year seem to have done for the trunk lines quite
as much as could hare been expected, though the Lake Shore
exhibit for the quarter ending June 80 is not as faTorable as
those of the other companies.
The prospect for tonnage during the coming season appears
There is unquestionably a large movement in
to be good.
nilroad material for construction, and the crops are now sq
far advanced as to give every promise of a yield that will l^^
above an averaee, taking the whole country throuKh. ^l.e
outturn of manufactured ^K>ds is also larger than lost year,
and the country is consuming more goods and more food by
feason of the steady increase in population, which has been so
lane
in the past five years.
rates for call loans durioir the week on
stock and bond collaterals have ranged from 3 to 8 per cent,
per cent Prime commercial
and to-day the rates were
paper is quoted at 5<38 per cent.
The open market
4^0
of England weekly statement on Thursday showed
and the percentave of reserve to
liabilities was 43 U-16, against 44 1-16 last week; the discount
rate was advanced from 2^ to 8| per cent. The Bank of France
lost 500,000 frtncs in gold snd gained 3,875,000 francs in silver.
The New York Clearing Hotise banks, in their sutement of
Angust 31, showed a decrease in surplus reserre of $473,350,
the total surplus being $4,788,875, against 17,813,335 the
The Bank
a
loss in specie of £409,000,
.eonp u.-Mar. •111
4>ss.l891
>12f!>«
•:2«ji«
. . tvt. Q.-Jan.
4a. 1907
coup. (J. -Jan.
4a. 1907
3a, option n. 8. ..rug Q.-Feb.
'95.
J.
...rejt.J.
es. oor'or.
J.
e«. .-ii.'..!- -ue ...reic.J.
,
(1-
•
C-
'7.
...ng.l.
..tvg.J.
-1.
&.
-J.
*
This
Is
j9.
.tfiC.J.
.
4
A
A
A
A
'10O>«(•100>e| •10Ol««100 >« •lOti'e '100 >«
• 136
•liS"* 126
•126 •126 •128
•128 •128 ' 128 127 >t 128
•12s
J •130 •130 •130 • 130 •l'i»>« '130>«
'132>«
•132 '182 • lb2
J. •132
• 134
*13as '134>s
J. 134 |'184 1*134
the prloeliid at the
lam
mominc board: no «<Us was madA.
Bonds.— Very little business has been
bonds the past week, the total transactions being
State and Railroad
done
in State
$15,000 Virginia 48, deferred, at lli-1'3 ; $35,000 do. trust
receipU at 12; $7,000 Georgia 78, gold, at 112}; $11,000
Alabama Class A st 104-{; $1,000 do. Class C at 108; $3,000
South Carolina 4s, Brown consols, at 108, and $8,000 Tenneasee settlement 3s at 78}.
Railroad bonds have not been very active, sharing to some
extent the dulneas of the stock market. The changes in prices
for the majority have not been great, and the tone has been
irregulsr, with a tendency in the early part of the week to
Later prices were
recover some of the decline of last week.
somewhat weaker, led by Erie 3ds, which were sold down in
sympathy with the decline in stocks. Aside from these, there
has been no special feature and no conspicuous activity.
The closing prices and range of a few leading bondf are annexed
0/ Bond.
Aug.aOAug.Sr7
M. Y.
U E.A Weat.—
•
.
I
BpMM
w
.......
OueaMtoa
..
deposits.
7^.••9•^.| IM)
790.8001 ll5.tf70.00O
:4 3-ll.(KiO
9,B44.<H>0
10.700
SM.ltl.30U lK«.lI.14i.600 ai»'>oi.!).H>; 30i,iV4,.O<>
31.765.100
«,0}),80o|
so. 103.300
Dm
BiutgtttHfJttH. 1,'86
Oloting.
Mam*
3d eonaoL Sa.ex. Jane, '80, op.
Fnadrdeoup. 5*
previous week.
WcstBhor^iniar.4a
Tne following table shows the chanms from the previous Texas A Paellhs Btoa. 6a, ep. off.
do tno. A land gt. 7s
Do
week and a comparison with the two preceding years in the
Do do It. m. A ter. 6e
averages of tiM New York Clearing House banks:
H. O. Paotflo. Ist 6a, eoop. off
Esal Teaa. Ta. A Oa. S«.tr. rets.
do Ino. trust rreripts
Do
1884.
Olfkr'iMM/Vn
law.
ISSft.
N. Y. rh. A St. L, lst<M.U. rec.
AHg.23.
409.99.
Nortb P^r l>t es. coap
do
do3daa,eoap
I'92g7,«9.%,000
liOana aad lUa. f3*<l 0^7.000 Dm.S7.«^7.1«0 ^7.S^4.70O9
es.io.'k.Mo too.
7J»l^,70ii luc.
•HO^;"llO»i •110\ •lio'a 'lIO's
M26i»*l'.<6% •liG's •12KH K6I«
•:26^,*l20^) •l-.<6>« •ise^ i:6i«
*
LoiMtl.
BighaU
67 "4
54 «i
7e''R Jan. 102>« An«.
9«>4 M.>r.
77 Vi Feb.
An«. 105 June
72 Aujr.
45>t Jan.
34 May
61 >4 Aug:
5-<>a
•57
34>«Ma7
77>«
76
99
6N>« Jan.
101^
93 >•
102
69 >
55
99 >•
26 >t
100%
•91
•«
101 >4
IO<>''g
51
Jan.
61>4
Aiiff.
80
AllK.
1014 Anic
17% Mar.
May
28
lll>t Jau.
loots 91>s Jan.
I2U
25<>»
0A>t
96
116
lOOi*
'116
84
AUK.
90>4Jul]r
June
101% July
Bid price ; no sale.
Mlsrellaneons Stocks.—The stock market
has been extremely dull, and a somewhat irregular tone has
Dm. a,U9,t.OwO
prevailed, though the fluctuations, as a rule, have not been
wide.
The tendency of prices hss been downward, though
•a,7s«.n7s Oe* $479*
r.S5o| •A8.3tl.47.N •31.649.5M
there has been no sharp decline, and a reaciionary tenExekange.— The tterling exehaam market remains very dull deai^iiai>bMn shown alter each weakness, and the net result
as regards the amount of business done, though the rates have for IhS'imB shows irregular changes f»r all the active stocks.
been very irregular and frequently changed. There has been The general position of financial affairs has not materially
a full supply of bankers' and commercial billa, while the changed, and though the bears have been more conspicuous
fluctuations in money here and the advance in the B*nk of lately, there have been few unfavorable developments ot
Kngland rate of fully 1 per cent served to keep the tone importan(»i. The movement ot prices this week has been
unsettled.
There was also a widening in the difference based Isrgely on the varying aspects of the London market,
between long and short sterling here, and the posted rates which has been influenced by the political disturbances of
to-day are 4 81i and 4 841.
Europe. The prevailing high rates for money and the fluo>
To-day the rates on actual business were as follows, viz.
tuations in the sterling exchange market have also had their
Bankers* SO dsys' sterling, 4 80|^ 81 ; demand, 4 »3}04 84. effect, though a healthy demand for money at 4(^4 per cent
Cables, 4 84i04 84^.
Commennal bilU were 4 79(34 70f might be regarded as a favorable feature rather than the oppoContinental biiu were: Franca, 5
3(H and 5 21i@5 33i; site, if it indicates a better condition of general business. The
reirhmarks, V4®94i and 94i®»4(; gtdldefs, 83i®8»i and higher rates for money in London, causing an advance of one
40®40i.
per cent in the Bank rate, had the effect of checking the
The following were the rates of domestic exchange on New demand for our stocks, and causing a cessation of gold shipYork at the under-mentioned cities to-day : Savannah, buying ments from Europe to this country.
^ discount, selling par
There have been spurts of activity and strength in a few
^ premium; Charleston, buying par,
selling tetS-ie premium; New Urleana, commercial, 100 dis- specialues, the improvement in most cases, however, being
count, bank, 90 discount; St. Louis, 50 discount; Chicago, lost in a late weakness.
New York & New England is an
40 discount.
exception, being quite strong throughout on a good demand,
The rates of leading bankers are as follows :
and scoring an advance. The San Francisco preferred stocks
also hid an advance, based on the improving earnings. LackaAugutl 27.
Dmumd.
MetyOByt.
wanna has been active and irregular, showing some strength
with ihe other coal stocks at one time, on the reported
Vrlasbanksn'sterUag bills on London.
4
Si's
481<t
naesaaoiaretal
improving prospects of the coal trade.
4 79>*e4 XO
OMnsatarreoamsrelal
4 79 ^4 7xls
'To-day, Friday, the general market wasdull.and the principal
nrls(traaes)
5 '16H»^ 25 5 33.«*5 92><
activity was in N. Y. & New England and Lisckawanna, NewAsHterdam ((Qllders)
agS(«39i>,j ?9i»..»40
Vtankfnrl nr Rrnm«n rr«lflhiDarks>
94'»^W«'«
94>bS94%
England being about the strongest stock on the list.
La«al naerve
•89.S30.3Sd Dm.S9.79.S.«.V>i
25^
O
•70.113. .^.^o
\..'U,4.tl^.,M io:.7u3.ioo
Railroad and
THE CHRONICLE
240
I
NEW YORK STOCK EXCHANQE PRICES FOR WEEK ENDING AIJOUST
AND SINCE
27,
HIGHEST AND LOWEST PRICES.
STOCKS.
Active
Ouiadlan
KK.
Saturday.
AUK. 21.
Stocks.
Fu4'iHo
OHisdaSiiutri'i-n
Oentralot Ni<w Jersey
Central Paclllc
Ctieaapeake 4 Ohio
.
66>e
54
54 Hi
2dpret...
45
44 Hi
'
_.iBtpret...
Do
Do
6618
441a
no
no
8=8
17
11
Monday,
Aug. 23.
66
43 <%
53 M
42 1«
•8I3
•16«4
10
Ohloaco & Alton
Chicago BiirltDKton A Quliicy 136 136 xl34
P2i8 92«8
9198
Ohloago Milwaukee & St. Paul.
120
121
pret. 121
Do
113»8ll4i< 113»8
CUoago & Northweatem
142iij
113
prof. n42
Do
126>s
ObloagoKock Island &Pacitl(v 126 126
14
Chicago 8t. Louis Ji PiltslinrK. •121a
66>8
44 13
53'8
42 13
OH
17
11
65% 65»8
43% 13%
53% 53%
42% 429s
65% 66
43% 44
5ji3 53%
•8
n6
no
9
17
12
'8
.
01% 65
43
43%
53% 53O8
'*8
9
•10% 17
•10
•16
Week,
Aug. 27.
Shares.
4334
65
44
53%
53''s
Ol'^s
42 44%
9
8% 8»8
16% 15% 16%
•9% 12
11
Friday,
*9
JAN.
1,
1886.
Range since Jan.
Sales
of the
Wednesday, Thursday,
Aug. 25.
Aug. 26.
Tuesday,
Aug. 24.
Vol. XLIIl,
Lowest.
2,105
3,825
4,987
61
68% July 14
Feh.
47% Aug. 3
57% Mar. 3
42% Jan.
25
13
4478 Aug. 4
13% Jan. 8
21% Jan.
15% Feb. 13
Mar.
May
Apr.
8% May
11
138
1886.
Highest.
34% May
300 38
320
7
1,
Mav
146
Aug. 11
134% 135
134% 134% 135 135% 3,478 128% Mav 15;140 Jan. 5
134% 135
91% 923s 90% 91 '8 go's 91% 91% 92
87,935 8258 May 41 9638 Jan. 2
92
895 116 May 3 125 Mar. 3
120
1213e 121% 121% 121% 120% 120% 121% 121%
II4I4 113
list's 114% 89,876 104% May
114
113% 114
11414 114
4 110=8 June 21
•142
143
140% 140% *140 142%
14212 142% 143
110 135 Jan. IS 141 Aug. 9
125''8 126
127
125% 125% 124% 125
125
955 120% May 14,131 Feh. 17
127
•12% 14
•12% 14
9% Mar. 24, 15% Jan. 5
•30
•30
35
35
20 26% Mar. 24! 36% Aug. 7
32% 3216
pret.
Do
45''8 46%
4«i8
46%
45%
46
46
4676
4558
45%
4514
18,0001
451-j
35% Mia-. 24i 50% June 18
Chicago St. Paul Mlun. <& Oiii
109% 110% 108% 109 '109% 110
10918 109 ig 109% 110
1,340 97 Mar 24 110 June 18
109
prff. 109
Do
58I4
•5714
57
57%
57
57%
1,700;
43% Mar. 24| 61% Aug. a
58
581s
CleTelunilCol.Cln.AIndiauau.
29% 29
29% 29% 29
29% 29% 29% 3,855l 2678 May 3 38% Feb. 17
29% 30
29 Hi 30
Colunibu8 Hooking v'al. <feTiJl.
128»8
128
129%
128%
129%
127''8l28%
129
124,688
128''e
115 Jan. 19:135% Feb. 13
DelawBrrlj«ckiiwanii»ifeWe«i 12»H 129% 1283b
•29% 31%
29 »8 2906 •28
30
163 21% May 4. 31% Aug. 12
Denver Kloti.. a.^'scssm't pd "2958 30%
«i8
6
6%
6% 6%
6
6% 1,910 438 June 25 634 Aug. 7
6% 6%
6% 6I4
6
Baat Teun. Va. & U»., nss. pd
I4I4 14>s
14% 14''8 14% 14% 14% 14% 14% 14% 2,660 1 1 % June 241 15% Aug. 7
14'8 14''8
prer, ass pd.
Do
I34I8
il:
ranavllle * Tc-rre Ilauie
88
Fttrt Wi>rth * DeiiverClty
Ort'cn Hay Wluona&St. Paid.
1314
I314
16
10
16%
I314
13%
•35
Houston A Texas Central
miiiuls Central
iBdlunu Kluouiingt'n
Lake Erie iSl Western
<b
West'u
10
Lake Shore & Mich. Southern. 86=8 87I4
*94
95%
Long Island
45
45%
LoafsTlUeA NasbTllle
Now Alb. & CUioago.
ManhiittHn Elevated.consol..
Meniiihis A Charleston
Mieliigan Central
UU. Lake Shore it. West
Louis.
.
Do
pref.
Onneapolls & St. Louis
Do
pref.
& Texas
Missouri Kansas
Missouri PaclHc
Do
prel.
Do
pref.
ffew Yoi k Lake Erie & West'ii.
Kew York & New Ecglaud
Hew YorkOntario<kXVe»tern.
New York Susq. <b Western.
Do
pref.
.
Norfolk* Western
pret
Northern Pactflo
Do
pref
Ohlo& Mlssixsippt
9%
9%
86% 86%
8638
44% 45
53% 55%
44% 45
55% 56%
135
79 14
69
88% •88% 90
7914
*6«
Blohiuiiud A Danville
Klohni'd A West P'nt remilnal
BochesterA PittHimri;
Borne Watertowu A Ogdengb'g
Bt. Louis & San Francisco
10
•12% 13%
'
16% 16%
934
10
87
10
•9
85% 86% 85
85%
93
93%
43% 44% 43% 44
55 ii p5% 52
55%
135% 139% 110-V<110
79% 79 14
•79
•63
^" 80%
140
80%
•63
88
3II4
30%
110
•12
15
6t5
66
66'e
1091a 110% 109
9I2
20%
IOI4
22!>6
3213
32'8
4233
4278
-j" 20 14
SO'e
110
0636
•6(>
89
70
89
66
65% 66%
66%
19%
•1914
938
'3158
16
16
31>4
2914
26I4
32
30
31 14
20%
2538
30I4
30
•4% 5%
28%
138
29 '8
5
31%
293b
26
138
30
5
65% 65%
3238
74%
43% 45
19%
1934
•6% 714
20
20
6%
•20
10
85=8
8638
44
4478
139" 130%
80
"89'
80%
66
89
19% 19%
43
43
305f
10856
3058 3078
10878 110
66% 66%
65% 65%
16%
43%
27% 27%
5836
-23
24
31% 31''8
29% 30
25% 25%
4538
1958
19% 19%
*6%
74% 74%
47
7
21
43
43
43% 44
2738
2736
5858
27=8
58%
31
27
25% 25
135
29
31i>8
29
5
'
73% 74%
44% 4578
24%
2858
24%
29% 29%
•4% 5%
5878
31
•135
938
9% 9%
9%
20% 20% *20%
31% 3178 31% 32%
19=8
31%
29%
25
2756
58% 58%
23% 23%
15
15%
31% 3134
29% 29%
•25
300 67% Jan. 29 90
15
4,210
8
2538
135
•28% 30
29
•4% 5% •4% 5%
May
4'
Jan. 16
Aug.
2
25% Feb. 1
13% Aug. 20
37% July 20
25 Mar. 23
530 134% Aug. 191143% Feb.
9
Julv 17| 2878 Jan. 5
15' 1«% Jan.
5
63,027
3 90% Feb. 9
350 80 Jan. 20100 June 21
22,189 3308May 3[ 47% Aug. 6
1,500 32 Mar. 25 56% Aug. 2
6.535 120 Jan. 2; 140 Aug. 25
1,000 29 May 19 40 June 23
S3 Aug. 3
705 61% May
22 Jan. 28i 71% June 3
500 .50% Jau. 18i 95 June 10
34 16% Mar. 241 23 June
300 40% Mar. 24! 51% Jan. 4
12,154 21 May 3: 33 Aug. 3
3,660 100% Mar. 24 11436 Jan. 11
11 May 22: 17 Jan. 5
7,756 43% Apr. 29| 6678 Aug. 21
11138 Aug. 11
30,356 98% May
11,526
4% Mar.
10% .\ug. 21
4,120 11 May
23 Jan. 5
3438 Aug. 11
84,135 22% May
7H% Aug. 11
1,875 50% Jan.
90,026 30% M.ir.
47 lo July 28
105 15 May
21% Jan. 4
300
6 Feb.
8% Jan. 2
435 17% Jan.
21
Feb. 9
1834 Aug. 6
1,000
8
Mar.
47 Aug. 6
4,850 25 Jan.
22 May
29 =6 July 27
1 ,745
9,100 53% Mar.
62% Aug. C
600 193e May
26% Mar. 5
175 13% Mar.
19 .Tan. 4
11,960 25 Mar.
35% June 21
15,655 16 Mar.
30% Aug. 20
31
5,100 18% Feb.
Mar. 8
100 75 Mar.
150 July 1
900 27% Apr.
8
Feb. 2
500
338 Jan.
Feb. 15
196 25 Jan.
79% Julv 8
29:'8 Aug. 27
4,8.50 17
May
15,725 37% May
60% Aug. 27
8,222 97 May 5 114% July 15
3,160 37 Jan. IS 67 Apr. 12
261 99% Jan. 26 114 June 10
6001106% Jan. 19 11878 Feb. 25
1,045 30% Mar. 171 41% Apr. 24
10,355
7% -^pr. 30 17% Aug. 11
21,985 44% Mar. 24 59 Aug. 6
2,410 12 May Hi 20% June 23
8,860 233b May 20 35 Aug. 11
1,300
•6% 7
'20
•20% 21
16% •15% 16% '15% 16%
7
21
43
58% 59%
24
9%
21%
74
'6% 7
•20% 21%
2138
21
lt)% 16%
16
16% lci% 16%
44
44
44
44% 4338 44
2738 *k6% 27 14
27
27
27%
7%
i'3'5"
108%: .0936 108% 108% 108% 109%
109''8
9% 10
9% 9%
-21% 2236
21% 22
3214 32%
32% 32%
76I4 76% •74
76
42% 43% 43% 45
•1914
66
88
•19% 20
•43
44
30% 3136 30% 31
303s
109% 110
108% 109% 108=8
109% 109%
140
88%
13% 13%
38%
134% 134% 135"
1534 15%
69
59% 59% 58% 59%
24% 2434 '23% 24%
Ohio Simtlieru
Oregon tSt l"raiis-< 'outlnental.
Peoria Decatur Evansville
Phlladelpliia & Reading
38
135% 135=8
•16% 17%
53%
133% 134
39
80
68
12% 13
13%
•87% 90
*19% 21
*19%
20% 20% '19% 20
43% -42% 44
43% 43% •43% 44% •43
'63
88I2
31
New York Central & Iludsou.
Mew York C'hlo. & St. Louis.
Do
53
133
37
80
109% 110
Mobile & Ohio
Nashv.Chatiauoogai&St. Louis
13
12
7% July
76% May
410
66
66
67%
28% 28=8 28
28%
28
28% 2936
Do
pref
57% 59
57 '8 58% 58
58% 5S% 60%
Do
Istpref 109 111
109% 109% llO's 113% 112% 113% 111% 112% 112% 113%
t.PaulA Duluth
50% 52% 51
52% 51% 5156 51
51%
51% 50
50% 51
Do
pref
109 109
'108
10:1% 108% '108 109
109
108 109
108 109
Bt. Paul MInneap. it Manitoba. 113
'112
113
113
113 113
113% 113%
Southern PhcIIIoCo
38% 38»6 38I4 38% 38% 38% 38% 3838 37% 38
37% 37%
Texas & Pacillo
14-'8 15%
14% 14'8 14% 1478 13^8 14% 1379 14% 14% ll's
DnIouPaclllo
54% 55% 54% 54''8 55
55% 5138 55
54
54% 54% 55%
Wab. 8t.L <SP.,P.Coin.rcpts
19% 19% 19
19% 19% 1956 19
19
18% 18% 18% 18%
Do
pref
34
34% 33I4 34
33% 34
33
32% 33% 32% 33
33%
niacellaneous Stocks.
Colorado Coal A Iron
27% 28
27% 28I4 27% 28
*27% 28
2738 27%
2836
28%
2,150 21 Hay 4 30% .\ug. 6
Consolidated Gas Co
80% 81
8038 80^8
803a 81
7I>78 80%
79% 80% 80
80% 7,229 7476 June 3illl Feb. 8
Delaware & IIu<lsnn Canal...
99% 10038 9914 99% 99%10U7gi 90% 10058 99% 100% 100% 101
16,336 87% Jan. 18ilOS%Feb, 13
Oregon Improvement Co
23% 23%
23
23
250 16 Juue 8! 31% Mar. 6
Oregon Railway it Nav. Co.
104% 105%
104% 105
lot 104% 104% 104% 104% 104%
2,235 93 May 4{109%JuIy23
PacllicMail
"5614 '56%
56% 57
565^ 57%
56%
55%
56%
5658
56
56%
49 Feb. 23 67 Jau. 3
6,600
Pnlliuan Palace Car Co
133 135
134 134
131 136
133 133
133% 133%
250 128 May 3 13778 Feb. 9
Western Union Telegraph...
6538 66
65% 6.578 6634 (jG^ "6'5'% "6'6'% 6538 663g 6G
6U%
51.728 60% Juue 9 757e Jan. 9
Kxpress tilocks.
Adams
138 138
138 139 '8 '138 142 •138 142 •137 142 •137 142
78 138 Aug. 21 150 Feb. 12
American
108 108
109 109
109 109
\ug. 10
UO 110 •108 111 •108 111
230 101% Jan. 28 111
United States
62% 6114 •62
64
64
64
64%
64%
64%
64
294
51 May 15 66 Feb'. 26
64%
61%
Wells, Kargo&Co
'125
128
'126
126 126
128 •124 128 •124 128 n24 128
June
22
10 119 Mar. 26 130
28%
57% 58%
28
28
57
60
283e
r>7%
1
.
I
Inartlve Stacks.
Atchison Topeka & Santa Fe.
88
88
>\i Pacine
'7%
*7% 8
•7
8
8
7% 7%
7% 7%
Boston A- N. Y. .\ir-I,lne, pref. '100 102 ;*100 102
'100
102 •100% 102
100% 102
Oedar Falls A Minnesota
'13% 18%
'13% 18%
•14
18%
Osntr&l Iowa
n? 19
18% 18%
1838 1838
Clncln. Inrt. St. I»uls A Clilc.
91
95%
Cincinnati Wash. A Ualtlm're.
3% 3%
3% 3% *3% 3%
•3% 3%
Atlantic
Do
dc
Harlem
Big Sandy.
nilnols Cent leased line stock
Manhattan Beach Co
,..
,
Morris
A
0%
pref
BisabetUt. Lex.
Ess<'-x
'.
New York jick. A Western.
New York New Haven A Hart.
6%
•568
•20
6%
15ag
142
'29
(Jolbksllver JllalngCo... .
pref...
_, ,^ Do
Slenmond * Allpg., receipts
Bt. 1a>u is a Iton a Terre Haute.
Do
VUcaA
Cameron < oai
Homestake Mining.". .V.'.V
.
Tennes'..... f',.ni
•
•4%
8
25
.
.V
Iron
""'
n\
558
•20
'230
25
235
1538
142
208" 208
340
107
144
107
'4%
0''8
121
17% 17%
19
95
140
140
•28%
27
•25
33
85
121
19
120
17% 17%
19% 19%
7%
ns
•3%
•5%
18%
"•4'% '"678
6%
"9's'%
"96%
•i'4'6" i'4'2""
30
32
120
8
32
85
121
15% 16%
Those are the prices bid and asked; no sale was
made at the Board.
•25
31
120% 120%
lO's
1678
11
13
2% June
200
3501
30
30
121
121
16% 16%
55
55
5
July
10
2
16
-Mar.
24
4% June 11
7% June 10
22 Aug. 4
1213% Mar. 31 240 Juue 30
102^ 93
1001
13
Jan.
2 Feb. 26
250 13% A us.'. lOl 211 t .Mar. «
110 132% J.m. 9 Ml June 8
1,000 100% Jau. 20 109 Juue 1
Mar. 3
118 201% Jan. 18 211
19% »lay » 33% July 20
4% June 2 8 .Ian. 6
100 20 May 17 2S) July 16
250
2 May 3 10' 8 July 2
100 27 June 2 46 Fob. 3
80 June 26 95 Feb. 16
63 120% July 28 125 ,luno 10
750
9 Jan. 13 21 June 1
210 17 Mar. 13 23 Jan. 6
200 38 Mar. 25 56 Aug. U
I
22% 22%
8
•29
96
300
6001 70
3%
937 a Jan. 14
934 Jan. 5
1011
Apr. 30
J July 23
Fell. 13
19% July 29
Mar. 21 22% Jan. 5
Jan. 18 95% Aug. 24
100' 8478 Aug. 18
160
7 Mav 4
100% 102
106% 106% •106% 107%
O's
•22
8
35
17%
25
95
208% 209
31
•120
5=8
•20
15% 15%
140
pref
Black Klver... ......
6%
96% 00%
I
Oregon Short Line
•5%
25
7%
AcarsT
THE CHRONfCLE.
28, 1886.)
AUGUST
UU0TATI0N8 OF STATE AND RAILROAD BONDS,
STATE BONDS.
BM.
BFCrBITIKB.
sacuBiTiss.
Aak.{|
KBODRITIBS.
Aak.
Bid.
241
47, 1886,
SEOCRITIKB.
Bid.
A«k.
I
IM IW*' MlMaart-6*.
IMM.
iiMtr A,
«UtMim»
T«,UR.P.B.«X.O.BR
MIn. O. « R. R. BRrm,Ark>iiMaC-«v< RR.
18M
itold.
lO'iv
M
— 10
iii>i m
.
6§,lau,18»3
01
76'» 77'i
8tMlP-^<t.««
lom
^^
d
(a, non-taniUble, 1888.
Bromi eonaorn 6a, 189s
108
64
64
TNUMaaa»-6a.old.l893.8
1!
6a,aa<raai1aa,1914
6Ni'
110
6a,dalaiTed
ll>a...
DUtnot of Colambl»—
64
7*
.
(rmp-ailaaJ-t-S-ea. 1»H
33
1913 105
100
1013
78 <•
1913
47
Virginia Ba.o>a
47
6a, new, 1866
90
6a, oonaoL boada
63
as
6a, ex- natored ooapon
65
8a, oonaol., ad Mnea....
Sa.
Sa,
120
cp.,1893-t
6a,MW,im-8.1900
roBdlBK act, leoo ....'
Ww>eiid».J.*J..'»»^
I
Klio.li? I-.1.—0».
SouUi oarolUui—
K»w arttlem'l—<ia,
11
lOU
130
130
1919
OhJO-6B. 1886
6b,
101
103
113
lis
130
I
Tannaaaaa—Contlnni A
Uonaoi. «», 191U
AarrnorCBlT.,dae'M 113
riuidlii«. 18M-85
1!S
lis' Huiub>l*Mt.Jo..'86.l
«1>« ireirYark-6«.i«K.,1887i
..*'..!
8*, lout. 1891
e"' SO
ea,leMi.I8t>3
T«,
Oeanrte-7ii.
_
6a.dBal88»orl8M.... 107
ibs"
103
106
10
ATtaiiwi fit, taaOai
17
1>,L. Boek* It. n.lM.
T*. Maiap.A URaok RR
H. C»roUn»-ConanQed—
SpeeUltax, cIkmI
lO'J
e^dnelBSS
107%
OUa* B, •*, 1906
OlaM C. 4a. 19M
•«. io-mmTmoo
1887
119
8-66«, 1984.-Funding 6a, 1899
I
na
HAILBOA.D BONDS.
BECCRITIK8.
BXCDRITIKa.
Aak. 'I
Bid.
Bailrosd Bonds.
18»4
7a,
6a.l90&
Coap. Sa. 1931
AtCh.T.Att.P»-4>art,l»30
BlnlUBC rand, 6a, 191 1
AlUAHoaq.— tat.7*...i
_
MlQD.
I
0«a.*BlaO.Waat-lat,6aj
1
I>a*.ltaek.*Mar<< -!•• >•
e.-<mm.6»< --."
;40
a«MrBl,ea,l934
Caa. So^-iat, la t. (aar.,5* iU4
9<,6a,19l3
Oaatral lava-lai, 7'<.'»<.»
lirDlT., lal.6-.
Gbaa.* O— Pur.
•a,c*'<t,aan« A
tA»d«raot,/
>..:
.D«t.H*Ti:.A
.06
-
I
»<»•
ba«ktf<»l*.Tr.
ll
75
—IMTtaloaal
-" r- -
IMO
5a,
•
rac.
f.d«b.,o..«i|
««a.O.*».w.-M
106
I
I
T,7a.ll»00
NJaek.*Clile.— ut
nV' <^*^)- 7a.'04
N.y.L.K.*W.-.fw*1o«
•a.ataklnc(<n)'l.
I'.mi.
'
'
'n».-la»,7«. 19*6
t 0.-Pr.l'n,6ii.'9S
V N'.-fJ«n .(U.1810
BarAil.W.-k.6a.l0M'
••,dMMifiiraa,l»l*
IikDlT.-M. td..5a.l9.
aiaklBj f «ad. 4a. IBJ »
Oaarar DIt.1M3..
,1
Ir.
1«,
1.1
ad.
M
rK..4a
p..6a
11133
>i.~iat. 8a
i:''
|K-J
''!l
Int. 71..
.airo.\rK..v r.— li.t, 7i.
Oen. r^r A l.gr.— .%<. 1 931
.
liov 8t.UAIlaa A
T.ll.-li>t,7«
Hot
*d.raeaaie. 7«.
iS^
»*•
i|
i*Si5.rii
iin's
at,
I.
IIHM.
A
•.
1
.
,•
:
-
J.6a.li»-il .Jr...
"*
1004 '!i»y
Tax.C«»n.-l.t,«.f.,7«.190S
'
';.iu-">*i.
r
.1.
ll. *
-3d Wt .7.
~1P. A MIBB.— Ut. 7.
->
I
•t,
ria.AH:
'i.*4a,19W
itlt a DtT—6a, 1931
liaaaa D.A*pr.— I»t.7«
^aradaai
'
tly^t'
:411.14a
fHTCV*.
IJl
IC"
MUfn, KOI".
IB, itn/J. •
I3i
lU4
'
lirt.7^.
Itjrasr.'
('7
6.6a, lira*
70
'
I
l>t
I1U4
luLAUL N«.-fat,6«.cald
CaaMa.6a. 1909
Kaa.CMt.-8liap<t. 4.p
1
'
Kl"!
8ft
80
36
101
lOS
75
80
io»"
10V4
107
93
'W.19a7
1«
ian..6a
'
66
88
90
73%
nalatalA
lid
c.
.
ia«
'
1:
L— 1>I, 6*.
I
Mli
,
lAadiiraata.7a. in-tto
.34
I
.
laldMfaad.Ha.VS.
•
Baff..ai,l3A
13V4
BrMl
•aaanlc.
eMa.M.P
Oaaael. »•
H.AX.-l«t,6a,191B
"iianl,6a, law
oaacola Dl T.-6a.I
f.,.OlT.-la(,6a.l9Sl
!
MD
'
'
'
OUa.A.X.1
-'.1,
OUsJit.l...t
A2«
-.11
;
M,6a,10'itJ
.>'.i.i
8a.
1980
Oac— l>t,7a
Afck.—f).t.8a,1910
aabr.A
1
ll
r.,^
Vt. 8a.-<>en.. 7a.l909
Kxtoo.,Ut,7a. 1909
1334
Mo. Pae.— Ut. coaa.,6a.
3d.7a,19oe
C. A L.—OiLlVSi
-l»el*T.baada,
"
103\
Traat
laTlMa.
6a,
|)V4S,6a.lM4
f— -
• ••
Pae. of Mo.— lat,6a..
ad.7a,li4»l
84. 1..A.S. P. -'J.!, Da, UL
.
'•rt.6a.nild
t.6a,m»
«•
Aw
.
90
luo
67
6a,(nMaU. IIHM
••.aaaaB, 1906
86
95
l«l,ea,PleraeO.
-6a,l«19
i:i)i
Mortiraif'
.t,aa,19I»
lOOi-
'.•.-lat,6a
1094
.t. ,.
•
3-
1
113
I0«
89
4
•
CAS,
1
113
126
1084
iniraii.T..t ?.pr .1— jii.iuc,
ii>4%^ Leh.
114
as
no
116
'
7.
A Wllkoal). [;oal--8M
tAke BA W.— Inn..7a.'99
Haod'ky l>lT.-Inc.,lD30
lAf.BLA M un.-lne..7a,-U9
iDooma*
till. L-.'-li.i&^v
Mob-.t
'
ir«»....
3.1,1.
•M.
.ilolMii
tbaaa aia lataat quotatloaa
ss
23%
"95'^
311%
90
33
100
38
58
105
61
36
46%
3l\
SO
:..v.Dlv. — Inc., 11*20
..
30
73
73 >i
37
75%
74
V l'ltt»li.— Inc.,l»31
W.
-i«t.n«,)r
tv.li r
A Ok.- Inc., 7a.
"1 nr. III-.— Iui'..H«. llCll
^t.I..A.*T.ir.-l)lr.l).l«
^UJo.t O'.llal.— M. loo.
(•v....
ioo'
37%
60 4
40
as
1,1..
10s
11.
I
83%
'So**
75
78
.u>
mdar
ibe"
34**
Tiw
V
118
AO.
23
TniatOo.reoolnta
874*
inn
liuv
110
11.1
-96
38
10*
bFae.ot Ma-lat,aa
-l«t,S«
95
35%
118
:o7
upmost, 7a, 1895..
,.j.Bort.,(la. 11131
1*16
Btt Blur
A
)na.,ila
'rnatf.1
AtJ.Ca.AW.-lat,a«
Ot«a.Hkan L.-l*i,6a 101
tot 4
•88
1910...
I>eiiT.
n3
103%
116%
131
131
I
0.1. ll.
.1903.
blT.6aAaa.,1W 114
Ul.conaoi.~da.ldl9 U>0
C.Br.U.I'.-r.c.,7a,-94 :oH
ALC A P.-ULOa. ibofl 105
1907 . ^
o.AMob --lal,6t.l9M ina
89
.'4,6a. '930
117
Kla,
Do
6a, 1907
Kaaa. Pae.— lat,6a.'95
lat, 6a, 1886
.»7i .
<Ja,*
7
lUan
71
95
114
,'.014 101%
!.
1
.
,•3
.
Karth.Ili
C.C.C.AIn.:
•
974
OmahaDlr.- lat. 7a.
OaOMaral Traat, «a..
Oiaaoi.«ii
nil
at.L.K.C.A.N.-K.e.7a
IJ.':
na
~
N.Max.- l.i.ii> 10k
llu
Onlaa Paclllo— UuO'.
.ctaLlTB.-:
OU.C. F
7a.
Bo. Pa<^af
iH— iBjOaai
1
7«.
nM 110
98
90
I HMO
Jfo. MI««oiiri— Int. 7».
W'.Ht. t,..t I'. - ImrmllT.a.
o. Meet Aria.— 1 •t. n<
V8
.,
III.A'kt.la.— Ul.ei..U«
.
J.)-iat.6a
,
i«u3
Tol.- 1 at.
1
Clar'daBr-Oa.lUig
BUCbaa. Bni.— 1 mlMn
.
84
Uika.ANaploo-Ut.7a
I1S41144
.
I
1118
105^ 106
93
1.1.
Q. A
liVi'
80
110
106
Ut.
Ul
1
COUl'
r—aal , t««
KSVii;
•t.P.A.><
1064
llu
RR.-
er.
rai
1
a.'
I
a«i.
a
Pac—<lold. 6a
Br.
Cal. A UnKuo~^—
.-..lIM)*
•xl.,7a
"..'SO
I'l.
i
Hao Jnai^nln
>L. eoiit>
Wla.ABt
^Ownel..
CooiMi;
, ..._,.
Panani»-s.f.,i.iib ti«.liilo
I'aotia Dk.
Kt. - 1 at. »•
Ktkb*. l>lr.-lal.0a,ll>3t>
Ceo.
.
Dat.M.AT.--lal.7a,IMfl 130
Lakasbotv— niT Traula
..1
CUt^Ui
CStTp.*
100
105
1
lf»
w»
l--
91
irtiiroii 1
1'a.iao
,
SaaJ(.A.^i
H
.11
•y»"
'Ia.l9l3
1004*
ATran»."1.'i. .'.••.'. ri'.".!
l-eorUA Pak. VB-laL6ai
KavxT. A O.-lai^^lKU
lau
Laka Hbora A 14l«k.ila.1001, im>.
Ctora. P. A A.. 7a
llW'* llu
BaCABrta-.ta* b4a,7a
...1
Kal.AW.Pia«aa-lat..
...
£iwa Mill
Jlor-
:30
1314
1911
iij
-
Iiabrri
'
1
Blak'iM..i1>h-&« iya:i
CmmwI.
iVs'*
123
na
1104 llO't
BI.AW.-lat,pra(..7.
'
;.ALJtiii
M
1134
119
90
JfeSft
I..
in
no
96
— 1*1, ti*. iif.;i
IM4' :034
"ea'oACaL— 1 <.««. lirii
ittitw:
Ma,AP»
oaa.
100
lot'
^v
srR.A
I>aL
95
ii4
108
:
&SSi1t:
'
116^
119
at.7.,
1
110
115
91
113
;
id.<ta,l9;tl
I
f Til*—
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iM.r *
Om-':
at,?-,
no
11114 130
-
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107
i:a
-
a^
...
Baller.AHo. ill.-l«t. Ha
BoU*T.*Car.-l»t.8». 33
Wt.P.SIlno.A Mao.-Ut.7>
3d.4«.l»aO
r>»knta Ktt. -««.
lia<a
116
lOJ
..,,,
ld,prar„7«. 1h9I
V J -1.1,6a 108%: iw
-7«,19oS
(
125
pr.,7«,'97
-1«». 7«
18971...
'
W
AtLACh.— lit
isa^.
61
01
-lat.«., 6a.
NV.-liit,6al
.
Ill
Oaat.o(N.J.-lat,7a.
Aa.D-k*ra*.-*a.l»3l
Okie. Mil. A Ki. p -
74
lis
1937
6a.
:
«•...
Om
Caar, daMat..la. tsvn
I.ah.A Jl.-6aa.rd«i.
110^
''
iDdpau— lal eoaa
tP.Mara.-lf.«*.l»aa lao
t
107
RIoh.ADaoT.—c.>n...«..ea
Dabentara
S9%
114>i
Conul.. Ul, 6». 1933 ...
Rleh.A AllaK.-lal, 7ii.l9aa
TnutCo.raiwIpi'i
iai»al931
alpu....
^oa. A
,
PtalB4a,l»'Jl.
P.-6a,ep., 1917
KzL A C'«l.7ta,^M4
Ka»k. A
ll.-lai
t07H
Vl,7a:
Kt.a r. H.-lat,««aa..6*'
M L V«n'B-laL«a.lMS'
[;.B.I.dk
107
m
n>ri«n— lat,7a, oeap.
B.j«.r.* K-lavf'a,!*!'*
Bx Joaa. IH>M, coap
CollaCI tmat. Oa. luri
Paad «enp..Sa. I9M.I
109
9»
I
Deb..6a, 1904
«^'
lf--l»l>«a.
R«eh.APItt.-l«u6«,l»ai
S^V •*>
""8:
83<a
ir6a.l001
...
I03\
IT. Y. CaatrU-6a, 1887
Dab. Mtta^ axial 5a ..105>a
H.Y.aAff-l>t,ep..7a
>
Okle.Bar.
..
Xorgaa-a La.AT.-Ul, 6a
lat, 7a, 1918
iraak.0hat.ASUU-lat.7a 13»
i
.7a.l<»-w
7ii. l«!>rt
A Cairo—4«. saar.
St-L.
AllaB-l-'
Stakla> tand.
Knar..
'»~"^* OK.-lal.7a,'91
Bxwa^aa. 6a, 1M7 103 >a
lat.
7«. IH'Jfi
3.1.
|P'"*M«K- *
ii;-
I
IX.— in^y
CollaunJ traat. 6a, 1803
;
..tM.1
OWa.A
.
lllVl lis
Coaa., 7% 1904^6
CaaA, ad. laoaaa, 1911
HiAOMt. lteIli£7a,-«>{ 1)3 1115
113
Moblla
Olil»-!f aw da.
M't
<;.
.
,
-iiiidy—ii
7,
M
6a,e«rr»ucT, lyi'^
If»rvi»<r. (ii. ivll
*'
3.1.
130
130
Plm. <"k Ifj—<>«of 1933
PUU.('l«T«.ATol.-liit,6a
'
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i
ia.(eM,aartMi:..
.,,
iMIniLA .V.\P.-liit,.i>.xl.L
|l(a.K.AT.-Oaal..da,lMU
O«aanl,Sa,1930
\
B.T.Vv*o.-;•
I
l:<3
I
8tll«.Kxt.-lal.7a.lR10|
Pae. Ezt.-l>t. Ho. 19il
Imp.A KqulR-niklO-i-i
:
BaC n. Y. ±
lat,
ad.7a,IWl
I
4lh, a. t.Ba, 189'J. ..
Str..V.AT.II.-lat.«..7a
,131
103
-, 1:8
.,1909
,
A P. -Cooa.a td.,7a 1094
ClsT.
I
.116
.117
'4.1937
.
Ism iMi.-mi.
.
O. Bap.
'.iini
sl»a5
140
3a,7a,lliia
,120
•.1934
Ml.- 1,
Aali
,
1
I<i3>a
.
I
I».CUr
.':u6
114
1M\
iSs"
C—
«ia,1»l
.1910
Bid.
K R.—
Pa.Ca*iiiruar.4 4^1nt,eii
Pa. Co.'a4<«».reK..19'U7
Pit a.C.ARt.L.--lat,c.7a
Pltla. FUW.A
lat.7«
3d. 7a, 1913
110
.
1*>6
lal.eoaa.,in>ar-7»,19<Mi -..
AIL * Pao,— lat, 6a. 1910. !«% 844
la(,aaaa.,Cuar.6a.l9<Ni 131
BalllaMr* * Obio136 ;13«
R«aa.*Har.-lat,0|>..7t il44
lat.aa. Park. Br.. 1919.
1!U^ 1<1
OaaT.AHIaar.— lat,,^a..| IM
...
•,nt<i.l'.>3J
lat.ensa*l.,7a,l»10.... ;•"•,-, .^^
Bar.C. Rap.A Mo.— l>t.Sii 1U8S lOD
'*
TrvatC&raeaipU... 108 VIM
C«iiaoL*col.tr..S«,19Sl
D«iL8«.Pk.* Pae.-lat,7al ..-.../ 80
Ulan.A.........
••
PaonaylTanla
...in
I
l-i-'
I*----
l.t.PiiDlT..cp..7a,1917l 141
8B0CRITIES.
130
13 >« Xieh.C«nt.-Con<.7s.l902
••..-' CoBaoL, »a, 19U3
1
(
Coason.
(Aaek Krtliamm Fritm.)
Bid. [Aak.
BBCCRITIE8.
Bid.
DaL * Hod. C«iial-lat,7a :ia
-.lit, axu, 7^1891
Made
tbia
aot
.
t
Coapona oO.
THE CHRONICLE.
242
Bank 8t*ek
Insaranee Stack List.
[Prices b7 K. 8. Bailey, 6'sPlneBt.]
PRICE.
lAmt,
PRIOB.
OOMPAJ»l«a.
Marked thus () an
BOt MaUonaL
BIO.
100
Amarloa*
Aiaar. Kzehaoc*... 100
U3
ibO
2S
as
Batchers' A DroT's'
100
Central
100
Obam
as
Ohatham
100
Ohemloal
as
100
100
nmeroe
100
'ContueDtal
100
Com Kxchange*
as
Xaat Klver
KleTeutb Ward*.... 35
100
Flttta Avenae*...
100
First
100
Fourth
30
Fnlton
60
ealUtln
Braadway
171
60
Amer. Kxchange... 100
aes'
Bowery
Broadway
laa
Brooklyn
Via'
Oltizona*
City
Clinton
130
vuo
171
Commercial
so
Continental
100
Bagle
40
100
30
176
116
Empire City
Kxchange
as
as
100
60
eronante'.. ........
Merobanta' Kzoh... so
100
Matropolltaii
so
Rassan*
100
Row York
New York Coan^7 100
R. Y. Nat. Kioh.... 100
100
Ninth
70
so
as
Oriental*
60
Pacific*
100
Park
as
People's*
20
Phenlz
100
BepnbUo
100
Bt.Nlohol»8*
100
Seventh Ward
100
Second
100
Shoe A Leather
SUte of New York' 100
100
Third
40
Tradesmen's
100
United States
North Amerioa*
North River"
17
Oermau-Amerioan
Oermanla
Olobe
Greenwich
Onardian
Hamilton
Hanover
'.iOO
14$
tU5
1»0
lus
160
i87
136
lUO
las
15»
160
loO
127
130
113
63
130
196
200
116
60
Farragnt
Firemen's
110
700
lUOO
136
136
lUO
fieohanlc8'
echanlcs'A Trada'
fieroantlIe
26
as
17
ao
70
100
200
1-iU
100
76
100
Oennanla*
26
areeowloh*
100
Hanover
Imp. <t Trader*'.... 100
60
Irring
Iieather UanoTrs'.. 100
SO
Manhattan*
100
Market
Bid.
« American
186'
Sennan Amerloan*.
COMPANIES.
Ask.
166
aartleld
Qnotationg in Boston, Philadelphia and Baltimore.
Local Securities.
New York
Home
.....
Howard
Jefferson
Kings C'nty(Bkn.).
Knickerbocker
Long
Isl'd (B'klyn)
Muuulac. A Bnild
M«ch. * Traders'
Mechanics' (Bklyn)
160
itiS
16S
Mercaiilile
Merchants'
Montauk (Bklyn.)
Nassau (Bklyn.)
.
Natioual
N. Y. Equitable
N. Y. Fire
210
Niagara
North River
12'i
Paolflo
120
126
180
ISO
163
140
People's
107 |110
127 "a 128
Star
Sterling
116
107 >«
220
136
126
Stuyresant
Cnited States
Westchester
Park
Peter Cooper
Phenlx
Rntger'B
Standard
WllliaDisbnrg City.
103
201
100
so
60
26
100
16
60
100
40
30
20
30
60
100
25
60
50
60
60
60
37 >»
36
100
60
26
25
100
20
60
SO
26
50
100
100
25
25
10
60
Its
80
146
170
176
115
116
117
30
216
235
86
85
1!J0
90
250
ISS
110
215
70
110
134
140
75
118
210
87
85
110
Ask.
160
87
153
177
185
120
120
125
3S
825
245
90
103
125
luO
280
140
117
230
78
114
140
160
80
l'.!5
220
86
80
120
S
16
86
60
110
85
140
87
165
80
90
66
112
100
ISO
86
165
90
150
100
160
100
150
100
139
I2U
100
65
60
110
135
125
230
160
106
166
105
160
105
145
126
105
80
70
117
140
135
246
Chu and City Railroad Stocka and Bonds.
SAS COM PANIB8.
Bonds
35
ao
1,000
Consolidatetl
Gas
100
20
Jersey CUv 4 lloboken
Metropolitaii— Bonds ...
1,000
Matual(N. Y.)
Bonds
Rassan (Bklyn.)
100
1000
25
Scrip
People's (Bklyn.)
Bonds......
Bonds
,
,
Var'e
10
1,000
Var'a
Williamsburg
50
Boniis
1,000
Metropolitan (Bklyn.)..
100
Manlcipal— Bonds
100
Banitable
'iiio
Bonds
3,000,000 Vai
1,200,000 Var
Wall
Street.]
*
1.000
'
i
100
900,000 J. <k J.
mort
1,000
700,000 J.* J.
Bi'dway & 7 th Av.—SVk.
100 2,100,000 Q.-J.
1st mort
1,000 1,600,000 J. AD.
3d mort
1.000
600,000 J. A J.
1st
B^ay
Knrface bds.gnar. 1,000 1,500,000 J.
A
J.
Bonds guar
1,000 1,000,000 J. A J.
Brooklyn city—Stock.
10 2,000,000 Q.-P.
1st mort
1,000
800,000 J. A I.
Bklyn. Crosstown—Stock
100
200,000 A.AO.
Ist mort. bonds
BnBhw'kAv.(Bkln|— St'k
Central Orossiowu— Stk
Ist'mort
1,000
100
100
1,000
400.000
500,000
600,000
250,000
J.
A J.
Q.— P.
a-J.
M.AN.
Oant.Pk.N.<tK.Riv.-Btk
100 1,800,000 Q.-J.
Consol. mort. bonds
1,000 1,200,000 J. AD.
Ohrlsi'ph' r<ftl0th St—Stk
100
650,000 Q.— F.
Bonds
1,000
250.000 A.AO.
DryUk.E.B.A Bat'y—Stk
100 1,200.000 a-p.
1st mort., consol
6004c;
800,000 J. A D.
Scrip
100 1,200,000 F.A A.
Blcbth Av.-Stock....
100 1,000,000 a-J.
Scrip
100 1,000,000 FA A.
tSd A Or'nd St.F'ry—Stk
100
748.000 Q.-P.
let mort
1,000
236,000 A.AO.
«3d St. Manh.dt St.N.Ave
100 2.500.000
1st mort
Sd mort.,
1,000
1,000
income
Roast. W.st.<ftP.F'y-Stk
mort
RInth Ave
•oond Av.—Stock....
1st mort
OonaoL
ilxth Av.-Stock
Ist mort
Third At.—stock
1st
100
600
100
100
1,000
1,000
A J.
800,000' Oct.
1,862.000 J. A J.
500,000
J.
400,000 jM.AN,
1,050,000
M.AN.
100 1,500.000 K. AA.
_ 1,000
600.000 :J. A J.
100 2,000,(K)0 Q.-F.
Bonds
1,000
Ivanty third St.—Stock.
100
1st mort
1,200,000 M.A8.
1,600,000 J. A J.
250,000, Q.-P.
1,000
2,000,(M)0 J.
A
J.
600,000 Q.— F.
250,000 U.AN.
July, 1886
July,1900
Jan., 1886
June.lBOi
1914
1924
1905
Aug., 1886
Jan., 1802
Apr., 1886
Jan., 1888
AUB.,IHS8
-lUy, 1888
28
114
210
107
107
185
106
150
105
140
160
....
Dec. 1902120
38
1810
108
1916
58
Feb., 1886 125
1884
113
I'JO
July, 1886
July,
Feb.,
Jan.,
May,
May,
Plain, Ss
Mortgage, 5s
Mortgage, 4ias
105
88>sl01
109
Trust OS
106
101
212
110
ill"
265
112
snows last dividend on
stocki ,
but date
of
107
108
113
111
Mort., 68, 1888
—
126
K. V. Fort Bcott A G.— 78 1119
K. City Lawi-. A S0.-68.. }113
K. City St. Jo. A C. B.— 781 127
K. CltySp'dA Mem.— 68l 110 111
K.C. Clmt. AWpringf.— 5e 105{113>«
Little R. A Ft. 8.95
Mar. H. A Ont.— 1925, 6b.
3H>«
Mexican Central- 48
128ii
lOS
122
Scrip
Debenture, lOs
N.Mex.A So.Pao.— 78
N. Y. A N. England—78..
6s
ads. 8a,
Ogdensb.A L.Ch.— 6s
Consolidated 68
Incomes
A
----.
Ark.
VaL— 7s..
Rutland- let 68
•
flonora—7s
Wisconsin Cent.— 1st
ser.
2d series
STOCKS
Atchison A Topeka
Boston A Albany
rell.
Boston A Lowel
Boston A M.'iine
Boston A Providence
Bo-ton Con. & M.. prof..
1
—
Boston Revere B. A Lynn
California Southern
Central of Massachusetts
Preferred
Cheshire, preterred
Chic. & East'u Illinois ..
Chie. Burl. A North'n...
58,
no8
perpetual
Harrlsb'g-l st, 68, 1883
H.AB.T.— l8t,7a,g., 1890 113
99
Cons. 58, 1895
Passumpslo
j*
Det. Lansing A No., prel.i
A
Slonx
(31ty.
A
—
—
—
Cous.
Cons.
Conv., 78, R. C.,1893..«
Conv. 78, cp. off. Jan. ,'85
Deterred incomes, cp
98
109
Phil. Wil.A Ball.—48,tr.ct
Pitts. Cin. ASt.L.— 7s
B.— 78.cp.
Pitts. Titus.
85
26 "a 127
20
93
69
46
61
A
ShainokinV. A Potts.- 7a
Snnbury A Brie— Ist, 7s.
Sunb. Haz. A W.— Ist, 6s
100
100
192
110
160
112
150
185
122
125
125
135
116
170
115
107
A Pac— Ist,
Tex.
31\ 32
210
110
245
6»4
.
117
41
112
621s
135
116
130
200
108
220
115
300
113
285
114
Nav.— lst,68,rg.
ad, 68. reg.. 1907...
Schuylk.
e-a
Cnited N. J. Companies..
West Jersey
West Jersey A Atlantic.
CANAL STOCKS.
2dpref
Parkersburg Br
Western Maryland
AUegh. Val.— 7
3-lOs,
116
20
113
*
Bolvid'e Del.— l8t,6s,18oa 118
iiii, 68, 1887
Bell's Gap— let, 78, 1893
78, E. ext., 1810
Inc. 7s, end., coup., '84
Bait.
O.E. Side— Certs
maturity of bonds.
•Ez.dlTldend.
t
Per shaie,
—
SO
50
102%
108 Hi
98 V 89 =4
33
127
108 «
109%
11-
111
118
118
13U
87
88
101%
67%
98%
163
14S
125
6
7
61% 62
64%
SO
2d8
3d8
66
36
Ist Inc., 6b, 1931
'20
2ds
No. Central—4 >as, J. A J
68,1900, A.
68, gold.1900, J.AJ...
AO
65
>4
61 >a
36
35
121
GolnmbiaA Oreenv.— Ists
13
102%
112
;-J3
A
B
Pittab.ACon'ells.- 78JAJ
Union RU.— lst,gua.JAJ
51
106
69
37
21
114
123
58, Series
OS, Series
49=8
121
89>a
Atlanta
Inc
i'23%
111
110%
124%
Canton endorsed
.
RAILROAD BONDS.
'98
102
RAILROAD BONDS.
123
A Charl.— Ist
106
107%
rtaltimore A Ohio—48
Cen. Ohio.— 68, lst,M.AS. 110
Charl. Col. A Aug.— 1st.. 114
112
2d
Cin. Wash. A Bait.— late. 104%
13
60 'e
Lehigh Navigation
Schuylkill Nav., pre!...
32
26
27
Atlanta A Charlotte
100 160
Baltimore A Ohio
49 >a Central Ohio—Com
Pref
12
63
220
58
106 >a
BAtLB'D 8TOCK8.tPar
61
Reading
Wilm. A BaJt
..
52
1st pref
A Broad Top
A
103
tfAIiTIMOIlK.
9 'a
9
'"2
6 "a 27
Preferred
57
o7>*
Lehigh Valley
Prelerred
68
581a
Little Schuylkill
61
MlnohUl A Sch. Haven...
"ss's
Nesquehoning Valley
79 "a
Nortliern Central
78
79 V
North Pennsylvania
56=8 56^8
Pennsylvania
28
Philadelphia A Erie
Phlla. Ger. A Norrletown US'
Newtown A N.Y..
1324
Warren A F.— 1st, 78, '96
West Cieater— Cons. 7s. 113
W. Jersev—lst, 68. op.,'96 116
46
138
Preferred
Phila.
Phlla.
Phlla.
138
Cons. 68, gold, 1901
Cons. 68, gold, 1908....
Gen., 4s, old, 1923
81
Catawlssa— 1st preferred
55
ad preferred
Delaware A Bound Brook lis
49
East Pennsylvania
41
Elmlra A Williamsport.
Preferred
60
68,1905 Jill
Consol., 6s, 1905....
Dnion A Titusv.— 1st, 78.
United N. J.—Cons.6s,'94
1
Huntingd'n
113
108
I00>s 103
2d, 68,1938
Syr.Gen.A Com.— Ist, 78. 111 1....-
58
{50
39=8 393,
1^3 liS
6"i
58, Ist 8er.,o.,1922
58, 2d 8er.,o.,1933
Debenture coup., 18931
PHll.AI)tl.PHIA.
RAILROAD STOCKS.
Buff. N.Y. A Phll.,as8.pd.
Preferred
Camden A Atlantic
128
133
Gen., 6a, scrip. g.,cp.'85
Perk., 8ci1p,68,g.,cp.,'p5
Income, 78, coup., 1896
Conv. Adj. Scrip, '85-89
Northern
1st, 78,"189i)
-.Norwich A Worneator...
Cons. 6s, 1909
16
W.JeraeyAAtl.— lst,68,C.
Ogdensb. A L. Champlaln
175
174>,
Wealern Peun.— 68, coup.
Old Colony
Portland saco A Portsm.
68, P. B., 1896
70
Gen., 78, coup.. 1901..
Ports. Gt. FaUs A Con'y. {65
61a
6
CANAL BONDS.
Rutland
•32
Preferred
Ches. A Del.— l8t, 68,1886
8H1 Lehigh Nav.—68,reg.,'84.
Summit Branch
21
-a
Mort. RR., reg., 1897..
Wisconsin Central
{31
Preferred
Cons., 78, reg., 1911 ....
Pennsylv.— 68, cp., 1910..
Worcester Nash'aA Hooh •138
1081s
138
—
66
Preferred
10!)
106
"vs'i
ItbacaAAth 1st, gld.,7B
Leh.V.— l8t,6s,C.AR.,'88 125
•87
A
Preferred
36
120
215
126
129'9
148
ad,78, reg.,1910....
Cons. 68, C.A R., 1923..
N. O. Pao.-lst, 68, 1920.
42
No. Penn.-2d, 78, cp. '96
8>*
7=8
Gen., 78, 1903
65
62
Debenture 6s, reg
62
Norfolk A West.- aen.,68 112
127
N. R.Dlv., Ist, 68.1832
128
N. Y. Phil.A Nor.- Ist, 6b
117 119
Inc.,68, 1933
108 i-j OU Creek— Ist, 68, coup
106
Pennsylv.— Gen., 6s, reg.
100
Gen.,6s, cp., 1910
Cons., 68, reg., 1905.... 128
126
Cons., 6s, coup., 1905...
110
Cons., 68, reg., 1818.... 115
95
96
.
119
Pa. A N.Y. 0.-78,1896
lU2Hi
101
-•„
7,1906
91 "a! Perklomen— 1 at, 68,cp.'87 101
Phil. ABrie— l8t,78,op.'88 108
Cons., 68. 1920
87 >3 87 »,
114>a
Cons.. 58, 1920
191 193
Phlla. Newt. A N.Y.— let
131
125
Phil. A R.— 1 8t, 68, 181
2i)3
1st mort., 4 "as, cp..l910
2d, 7s, coup. A reg.. 1893 117
«103 lu4
Cons., 78, reg., i9ll .-.. 128
137'2
Cons., 7s, coup., 1911 .. 128
510
Cons.,6s,g., 1.R.C.1811
714
Imp., 68, g., coup., 1897
28
27
99
Gen., 6s, g., coup., 1908
9S
Gen., 7s, coup., 1908
Income
Conn.
115
114
38
scrip
7b
Pueblo
ln8i«
East Pemi.— !8t,78, 1888
EaatonAAinb'y— 58, 1920 i''5»i 116>i
El.AWnisp't^l8t,68,1810 118
Incomes
J52
Kasi'rn. Mass.— 6s. new.. {125
Frem.Elk H.AMo.V.-Os.. S
Virginia
88
1221a
A
A
inis<
t
let, g.,
J.AJ. 101%
2d,rret., J. A J
2d, f,uar.byW.Co.,J.AJ
J
6s, 3d, guar., J.
Wtlm. C. Aug.— 68
23
113 14
114
A Tenn.—6s
W.Md.— 6s,
liWll.
'
• Tills solo nn
W.— Gen.,68
A Amboy—68, c.,'89
Bnff.Pilts.A
Cam.
Bnr.AMo.lii.Neb.-Ex't,6B
Cam. A At].— lst,7s,K.,'93
109%
ad, 6s, 1804
68 non.exempt
48
Cons., 6 p. c
Land grant, 78
Catawissa— let, 78, con. 0.
40
3S
Calllomia 8o.-6s
New 78, rer. A coup
85
Cous. Vei-niont, 5b
Col. A fin. Mlrt. l6t m.,68
102>«lfl2'i Connect'g 68,cp.,l»ou-04
Cliic. Burl. A No.— 68
Chio. K. C. A We8t'n-6s. «103'e 104
DeL A Bound Br.— lst,7»
Mexican Central
.....
Nashua A Lowell
N. Y. A New England...
no
Aug., 1886' 130
Oct.. 1898 110
Aug., 1886
June, '93 113
Feb.. 1914 105
July, 1886 200
Feb.. 1914 107
Aug., 1888 225
April, '03 112
iulO
May,
Aug.,
Cons. 68. 1921
Ist.Tr. 68, i9aa
88
A
Preferred
Kan. C. Springf. A Mem.
Little Rock A Ft. Smith.
Maine Central
Mam. Hought'n A Onton.
105
i;o
105
115
NOT..1922JHS
July.lSse
ad, 78, 1908
123
Sprtngf d
Can. C. Clin.
Gulf -.
Kail. Cily Ft. 8.
IQuotatloDS by H. L. QB4NT, Broker, 145 Broadway.]
Bl'oker St.& Ftat.P.-Stk
N.V.4 Phil.— lst,66
ouff.
Land grant, 7s
Quaranteed, 7b
Iowa Falls
fi
750,000 M..&N. 313
1888
3.000,000
3 Julyl6,'86
300,000 J.'i'j! 6
1900
2,000,000
2>a'Apr. 1, '88
1,000,000
6
1888
Bell's
Eastern
---•
Pltchburg
Flint A Pere Marquette.
PreleiTOd
>^v
Sate.
Bid.
SECURITIES.
Gap— Con., 66. 1813 no
Ask.
Bid.
BOHTON.
Atch. A Topeka— 1st, 7s.
1
M.-vy 6,'86,113
6
Juyl, '86 65
3
|104
250.0001 &..&0 6
lig'ju'elS.'Se 80
35,430,000
May 1,'86;1«0
766,0001 Quar.
1902
lll4
700,000 F.&.A.
S,500,000l Quar.
Julyl0,'86il03
1902
1,500,000! M.ifeN.
103
July 1, '86 110
1.000,000, Var'
'86
M.&N.
May
I,
100
700,000i
Ju'e 15,'86 C9
1,000,000 Quar.
102
400,000i M.ikN. 313 May l,'l
100,000 A. ffiO. 3 Apr. 1.' 86 100
1,000,000 Quar. 3 Apr.20.'86 133
1,000,000, A.dkO. 3
1900
112
1,000,000
3 July 1,'88 87
1,000
..
Fnltou Municipal ..
Boiius
.......
Co., Brokers, 48
Amount. P rlod
Par.
Brooklyn Oas-Light.
Oltlaens' aae-L.(Bklyn)
A
SECURITIES.
Ohio. A West Michigan.. {45
l-l-a
Oinn. Sandusky A Cleve
3
Cleveland A Canton
18
Prelerred
Col. Spiiugf. A Cin
I
{lOS
Concord
Connecticut River
104
(Oas Qaotatlona by aso. H. Pbehtibs
[Vol. ZLIIL
10.34 IO2I4
101% 104
A Weiaoii—6a
7«
In detaolt.
i
Last price this week
ACOTOT
THE CHRONICLE
88. 1888.]
BAILSOAD EABNINGS.
^am. 1
RoAoa.
WmkarMo
1886.
188S.
8
,252.754 I, 219.772
Ateh.T.A8.F..:jane
Bait. * Potomarijiil}Baff.ir.T.A PhlLiMwkAo«.
BoA Booh.* Pm{3<lwk All*.
Biir.Oed.B.A Nn. i.i wk Au^.i
wk AUK.
Oatao T. A CUIc
OBmdeB A Atl June
'J.I
OuuMUan Padflc
3<1
wk An^.
Ccatnl Iowa. 3'lwkAac.
ObMap. A utilo lane
EUs.Lex.AB.a J.iuu
8. W. J aue
ChM. O. A
ChioacoA
Aviran Amovnt of—
6
6,941,.'»68i
103.806
742.H.15
55,11)0
l,t!i4..Mli
M.»«2
4li..19>'
13,624
53,341
2O4.00U
20.63J
322.799
67.411
!>.lit>2
122.U<Mi;
Alton 3 IwkAn?
Atlwitie 3d wk A
1889.
•
112.721
61.UO0
32.0O7
24.S58
.Ml
1--
:f.<.4
71.-..xri)
l..".><i.ti77
377.!l.'>4;
•1\
New Tork City Banks.—The foUowiag statement Bhows th*
oondibon of the Aaaociatod Banks of New York City for the
week ending August 21, 1886:
f Lalat Date.
1886.
*
7,227,258
759.349
l.JU.ofil
7:».791
1,730,12J
200. 03«
i'_'"v
I
rada«mao'i
i'illtOB
17'^,(>.'W
iiMDieal ..........
Meraliaata' Bxahi
OaUatIa NatlaaaL.
MtwhaDlea* A Tr..
TMnwloIi
•atbar Maanfta.
-'Taaik Ward.
-•«te o( ». Y
nisrloli Kxok'ta.
omoaarea ...
\
CfcJB«.P.lUn.JcO. 3«lwk a
A W. MIcb. Id wk A 111
0te.Il1.8t.KAC. 3d Wk Au«.
OtaLK.O. AT.P. -jawkAUtf.
92.-
rtok*. ail. A P. 2d
OlB. Waah.A Bali 2d
G.405
8.579
8,313
40.691
11.703
32.a«9
15,748
197.083
w k A u /.
w k Aug.
wk Aii«.
OtoT.AkRmACol sdwkAnic
A Cknton.
OtoT.
Juir
I
OoL A On. Mid i wkaAag.!
OoL Hoek.V.AT. Jul;
I>aBl>iU7 A Nor [June
I>a)tonAlrunt'D June
AKloUr
DeoT.
19.2M
13:1.181
Dear.AR.O.W. July
89.400
Dee.Mo.A n.U.|.'dwkAiv.
6,sai
l>«(.Laiui'KA No '3d wk Aux.l
22.026
K.TBaB.Va.AUa.;i wknAaK
157.241
Braoer. A T. H. <d wk A uk.
1««,713
mat A P. Man] IwkAux. 37,474
OeoraU PaclBc. Julj
67.6<»
Ur. Ba^Alnd.. July
903.340
OraadTfnak ... WkAof-U 346,071
j
eaiioaLAa.r>. Jul/
«D«.lewaUiu» ^dwkAOjc.
IMalaaUaea idwkADC
S40JOO
MwkAos.
A Bpr Joly
K.C.PtB.AOnir dwkAnir.'
Kaa. C. Bp. A M M wk .%ii|(.
'J.lwk.Vuic.
XtwkAujC.
LoacI
Idnk Aor
i.CrUkm.L d wkAux.
101.679
369.101
Bt.tS4
•4.369
I
I
Cent'l.
3<lwk Aii«.
*Mex.N.4^ Hum laly ..
MlI.U8h.AWMt. :M«k
No' 'd
wk
Mia*.
IftMll
2 i 1 .258
198.598
1,011,691
309.434
1WI.871
180,537
HM,007
1.343,873
1.257,206
90.«70
94353
los^n
137.067 t.8m.97tf 3.66.VJI03
86.309
553.S39
923,0«5
7.S46
186.536;
211.310
13.391
7S4JI7B
712,8;i9
143.3*1
18.337
4MJW2,
4S.4A«
17&I4B
atabUe .
m
Markat
„.
St. iriahola*....«
Bhoa
Oom
A
L«aU)ar..
Kxchanfa...
OantlDental
Oilaatal
tavoctan'A Trad.
40«k,178
1.10«3U>
0^1.432
•7379
I
lS4n3
10,084
023.747
338.004
J Matiaaal...
T. Nax. Kxeh..
W9TJ .... ......
If.
.
29JI15'
V.OoaDty
"noao- .Vraerlc'B.
!«.
286.5'-'
''*••
•1.2
2M.T
f
Nfttlonal...;
nh ATooiie
'"rmanKxob'axo.
"rmaala
autaa.....
iiltad
uaooia
i«ar6ald
nrth NaUmal....
B-k a( tiM Matroy..
S4ii.^-
waat aide
•
247
Hlxlk Hatloaal..
M
>
.
848.057.60u M,IM.I««0
Tetal
The foUowiim Are
ATtna
U Tm * tn
9i>-
t88.1»~
1
'
nM
Tm*.
.1
Pa.AO
Jnlr
.Sf»w Kn,.'
l.in„
•.n.raib
I
.-31,411
::IM.831
•-
1
1\
(«,402,334
lit!
2.672.847
.
1
Ml
4.1
"JKJiH.U
.11 iJuly
Liaai.
aawia.
l
L.
101,474.000 l».7(>n,ioo
t,ftS«.300 101,e»5.TUU lft,7SI.8ll0
a.««i6.«oo 08,««0,HUO 13.41)6,400
'
LatafalMMW*.
An. CiMr'ft
5.9*8.
6.01S.IIO0
67,l»8,07a
•,VVU,380
54,6t«,T«5
5ft,77«,*04
lateat qaotatioQa
from
Board and N, Y. Stock EzohaoKe:
.
42J68
fun*
ulwkAoc.
JdwkAox.
wk Ang.
SdwkAOK.
233.101
36,000
'I'lwkAnx.
4A.t<-
Am. Rank
Sl.«38.x
140. »SS.IM
1(>4.13m'
31.<'^"
...
8893»7
1.333.3991
40.710
43,379
250,5«4
73,739
628,087
134l»,M2i
490.049
4.032.258
2S9377
80,081
•OS.700
1389.969
VB*.
8363321 1399395
li.Ki
It
(»
,..118
300.4651
1,
393. 600
287. 81.1
1, ,842
44U,
4. 027,
l.-"'^ .-..I.......
3.901.739 2.
403,060;
.......
32.7031
42.043
23.147]
•mt
411.1105
197.305
..94,129
801360
.
.......H
7
.
74.
hiae.
UD«
inae
.
i;lU.ll73
-'- --.4
970."
nily
I'lr
258,124
II1.04H
20
h7:i!
'
?
:l
nr,.,,.,..
.<.;i9
laat
Boat.
H.
A B.-New ilook
Old
Traat atampai alack.
Boat.
. .
U. T.« Waak-att.
69
4%
Jy
1
.794
I
I
r,:i'.
-'
(I07
yrar hara baaa adloatedaoaatoinake
tA>''
16
101",
66
lH«a
ada.
I.-.
•
1
k»<-ly
x
^
?.....
8V
Dabaataraa
BtS
Bniaklya BtoVd-tlook.. S5
17
10«>« lo«
latuort
Mmort
70
75
Oeat. tniil r«rt
Calllomu Paetaa
71, Paaaaoola A AUanUe....
e
Coal. Cooa. Im^ Oo.
32
34
lat mort
Una. A B.U.eoa.(l3.w.ear 108 109
Poatal TaLACabla-atook
8a. r.B. Tmatearto.... 40
5-i<a jHtsIa of Tann.—8et't...3a
'-n» «IUa<tt.W
Itt
30. r aat U awaat. 6a
v.An.ncw.wheala. IS
t. Ja. A Otaiid lal
«rari«l
do
66
lat. L. Ark. ATsxaa,atook
!S^
lit Bart
no
37
. '-(enwl
W>|
Kdiauu kJatitne U»lit
3dBart
lao
Kqatt, Oaa Co. o( N.Y....
Bt. LaoU Ft. S. A WIcb..
riiat A P«rs Marqualla.
Ilaua A Pao.-Horip I'-nt
19
Pralarrrd
iTol. A O. Can. com. atook.
94
ll.606.0H7i II ,224..sitfi
7.7l<»n^'< 7 ")I2.,899
.-,
N. Y. A (iraen'd Lake, lat
3d mort
M. Y. City A NonharD....
R. Y. U. OB.Tat.—Hioek.
IV. V. W. 8b. A B.—Sloofc.
Nortb. Pae OIt. bauda..
Nerth Rlr, Ooaa.— 100 B.e
Ohio Oant RIt. dit., lat
I
UMiyta Pac-Blook
'
Uu^tameaa tbiayear,
liaak.AMareb.Tal
M.K.AT.— iBfHimr aenp.
'Naw Jfir««y A N. Y
I
ucj.
1 iDciuOlac WrataiHnam 1880.
April In 1 886 the B«w laaaed road,
'.inic^fiir
Atk.
NoU Co
1
94,<10S
19.077|
2'l
cn.uiiuL«>n
87.7SS.:«7
6»,oaB.77»
M
mA.
I
WO
tS,751.«00
8a.l8t.B0O
>«i.oT'.aoo
AS91.400 •1,VSk,I00 65.1174.700
n.iit».iHM
M.»M,'.uO
tiKa7i.iM>o
laaladlac the liaai "daa
etaar baaka."
'•troleum
46,7UO
27,700
.
Olmilattsii.
CBlbt«4 HeearltleB.— FoOowtnic are
imti luly...
-t.U luly...
.
7ll.ieS.09S
I
..
mT.Ualy.
•
t.7U.Mn
(•.«70,M0
»,5II.4IW
IMM.
'ina....
Jnlr
It Uft.S'M.TODi
31 IlX.i. 6.1)00
t
DKpoMt.* (MfMriaiaw An- ClMr***
Aado*.
are aa foUowa:
.
...iJoly...
llDii
7.BU..II00 BK.illO.DeO
Ml
PhlladelpkiaBABka.—Tbetoulaof the PhilAdekpnia bwak*
•
|"ir
''
ml s,oi«.Tno »6«8lo.«»8
iiBM\.iO0\ T,»l».700 ei3.t!:2,im4
-V
•
jwk«A
•
I
BootoB BABka.— FoUowiagAre the totala of the Bnwon banka
laaa.
Aon. 7 US.tST.HOO «.««•
IBrlsdwk
Oaar'ta
\
%,l>84,000 »:
'>..<6B,I00 %i.
T.OOO.lJD.l'JS.aoO JO.IOJ.JLKJ
Aaic.7.<
••
14
'3M9ll
Jaly
<
)>a«i« ur
\
•
.BrteAW.. Joly
I
7.915.700
waeks paat:
n i» nW ». olmi t ltm \Am.
totela for aeyeral
dwkAug.
.«•
.
PaelAo
380.000 •.7V4.040
116
MublU A Ohio Jane
'iLAacL. Joljr
>XAB.R •pny
Kr A No WkAii«.2l
V
...
Ketcaatlla...
S4.M6
\
MiDB'ap. A8t.L.,June
Mlaa-AVaWeat
,1493n»
1.1
3'.'o.9(i'i
l.'^i,230
'
MOwankra A
10.890
24.004
8.311
187.918
18.549
3S«U<ll
38C4aj
241835
18390
idwcAay.'
LaalaTj(.O.AT June
Malm Oenwal JuiHt
Mar.Hoticb.AO dwkAOC.
IiaaliT.A|(aak<
'Mexican
S8393
eo.at7
so,oaa
40.0M7
27.115
4.167
8I,»45
99,125
lad. Dae.
LakaE.AWe.t
5.727
6.7d3
7.083
191.033
816.800
3,800
17JMI0
11.100
31.400
HLOMLtOLABoi 2dwkAil«.
idwkAiw.
JiC JdwkAnc.
U.VW]aA8.C-. 2d«kAuc.
Broadway
WJO.427,
l.J.Tl
14.083
3<lwkAiiffJ
Kaa.aclAt9|>
.
21,3)
E .MtkAuic.
2<l
.
00.<'
Ala. Ot. South -j.twkAiiK.
1
..„
City
cue.
Mar
.
..........
Batekan'A Onr_
CUe.ANorttiw. 3<lwk
AM
....
Meohanle«'...._
ll3.atii|
0Ue.lULA8LP. 3'lwk
Vtokab. A
KawTor*
Maahattaa Oo
Merohaau'
America
PhODlX
cue. *
Oble.Barl.AO Jaue
Ode. A Eaat. in.|3<! wk
V.OlL
24a
Pra«
I
TOLA.
A
N.
C. 8. Klaotno
Motor
V
UtUaBaekAPt.Hmltb..
Moxioaa Maueaal
»•*
11
Praf
MS
latmon
Mich. A Oblo.
lat mnrt
A.
lat mort., 6>
4
13
30 >•
I
59
Ugbt
ckab.A Mandian
Intmoit
3<lmort
I
nciiiiii
8taU S p. o. bda..,.
N.or.-Cau. mart..'.
VIrKiula
^..
M
W.-.I
Bid.
A*.
72
73
1>«
SO
6V
12
•4
oJ"
67
a
18
26
13
34
17
B6>4
4it^
8>a
31
87
15
48
46'
93
50
Vila
64
14
»
THE CHRONICLE
244
%nvesttaznt
Slailvaad Jut eXIt flcncc.
The Investors' Supplemknt contains a complete exhibit
of
Fnnded Debt of States and Cities and of the Stocks and
BowL" -)/ Railroads and other Companies. It is published
on the Inst Saturday of every other month—viz., Febrnnry.
April, June, Auf/iist, October and December, and is fnrt
the
nished vtithout extra charge to all regular subscribers of the
CnuoNlCLE. Extra copies are sold to subscribers of the
Chronicle at 60 cents each, and to others than subscribers
at tl per copy.
ANNUAL REPORTS.
Manvel, General Manager; N. D. Miller, Chief Entcineer; A.
H. Bode. Comptroller; 8. S. Breed, Auditor; Edward T.
Nichols, Jr., Assistant Secretary and Tranfer Agent.
The annual report for 1885-0 is not yet printed, but from the
abstract read at the meeting the figures below are obtained
:
1881-5.
1^85-".
$7,776,14
$7,321,736
3,838,652
Op. expenses and taxes...
yield 1 per cent or more. Having tlie first cable from Wall
Street of an afternoon is better than hiving a "moral certainty" for the Derby. The cecond cable is worth a good deal
lesf, as the jobbers are quick enough to see how the wind
blows from the west. If the "arbitrageurs" are buyinsf, they
put up prices, and if ehey are telling thev put them down.
It is only the early bird that catches the arbitrage worm, and
the late birds are more likely to be caught thennelves.
Atcliisuu Topelin & Santa t'e.— The Atchison Company
has sold to a Hvnfiicate, represented hv Messrs, Kidder, Peabody & Co.. $1,000,000 Gulf Colorado & Santa Fe first mortgage 78, delivery to commence in Dt-cember. and liOD.OOO 3d
mortgage 63, to he delivered in October. The firsts are issued
at $13,000 per mile, and the seconds complete the iiwue ot 89Conds at $8,000 per mile for the 1,000 miles of Gulf road.
Bitltiiuore & Ohio. The first regular passenger triin over
the Baltimore & Pniladelphia extension of the B.iltimore
Ohio Railroad ran between Wilmington and Baltimore on
Aug. 23, The company proposes to run east as far as Chester
by Sept. 1, and will run passengers mto Pniladelphia by Oct. 1.
Buffalo N. y. & Pliiladelphlft.—The gross and net earn-
—
St. Paul Minneapolis & Manitoba.
(For the year ending Dee. 31, 18S0.)
The annual meptinp; of this compmy was held at St. Paul,
and thp following directors were chost^n: James J. Hill of St.
Paul, Sir George Stephen of Montreal, Donald A. Smith of Montreal, John S. Kennedy of New York, Samuel Thome of New
York, D. Willis James of New York, and H. D. Minot of St.
The executive committee is as follows: James J. Hill,
Paul.
Sir George Stephen, John S. Kennedy and D. Willis Jamt's. The
officers for the ensuing year are: James J. Hill, President;
John S. Kennedy, Vice-President; H. D. Minnt, Second VicePresident; Edward Saw5'er, Secretary and Treasurer; Allen
Gross carnineB
[Vol. XLIII.
ings for July,
&
and from October
1«80.
Grofs earnings
Operating expenses
..
NeteamhiKS'
were as follows:
^10 BIOS. Oct. 1 to J»fl/31.-.
to July 31,
1
July.
.
^
1885.
$245,709
181,232
l>-85-i.
$210,318
170,562
1894-.5.
>,105,55ft
$1. "00.490
1,664,694
1,451,684
$449,008
$39,756
$437,861
portion of the Oregon division
of the Central Pacific will be opened for trafiBc from Hazel
Crtek, Cal., to Casile Rock, a distance of ten miles. There
will then be 296 miles in operation from San Francisco bv way
of Woodland.
From Castle Rock it is three milis to Upper
Soda Springs and twelve miles to Sisson'r", leaving 100 miles of
track to be constructed before connection can be made at Ashland, Ore., with the Oregon & California.
Central Pacific.
$04,477
— Another
Cincinnati Sandusky
H,50J,927
&
Cleveland.
—A
hearing was hid
befoie Juflge Sage in thtt United States Circuit C>urt at Cin$1,206,237 cinnati last week, on the petition of the Cincinnati Sandusky
Net earnings
$3,i83.034
H6,281
1T1,116
Other incomo
Cleveland Railroad Company, that the receiver of the I, B.
131,293 &
S.^O.lll
Net from land sales.
W. restore the road and property to the Cincinnati
$4,4P3,813 Sandusky & Cleveland, or pay the rents. An order was made
Deduct—
$1,004,314
Interest on bonds
$1,980,280 directing the receiver to pay the monthly guaranteed mini$1,999,820
Dividends
(3p. ct.) 1,200,000
(C>sp. ot.) 1.300,01 O
rental of $3").000 for the month o'f July, 1886, with
350,114
131,292
Sinking fund
interest from the time it was due, and also to pay a like sum
The judge said
Total
$),549,»34
S3. 411,572 monthly until the further order of the court.
Cleveland
Surplus
$454,380
$1,052,241 the other 'matters in the Cincinnati Siadusky
petition were of such grave importance that he desired to
have Judge Jackson present at the hearing on these, and he
would, therefore, postpone such hearing until the return of
Arbitrage Sprcnlation. The London itat'st comments Judge Jackson, some time in the latter part of September
upon this comparatively modern form of speculation as fol- probibly.
&
mum
&
GENERAL INVESTMENT NEWS.
—
lows
:
who are not familiar with its ways
a good many scenes which puzzle them. If
Visitors to the city
must observe
they chance to be loitering about Bartholomew Lane or Throgmorton Street between three and f>,uro'clock in thn afternoon,
they may see telegraph boys racing along at a breakneck pace.
They dash across streets, shoot around corners like greased
lightning— often into the unexpected stomachs of elderly and
unstable citizens dodge past hansoms, and rusli upstairs into
demure-looking offices in the most unceremonious fashion. As
soon as they reach the door they shout "cable !"
The afternon cable race is one of the recent developments
of Stock Exchange enterprise. It is carried on iu the interest
of the " arbitrageurs," who buy and sell on the small margins
—
Chicago St. Pan! Minneapolis & Omalia. The Duluth
branch of the Chicago St. Paul Minneapolis & Omaha has
been opened for business. Heretofore the company has had
no terminal facilities in Duluth, and was compelled to use the
St. Paul & Duluth tracks.
Cleveland & Canton. The earnings and expenses for July
and the first seven months of the year, were as follows :
—
—
of difference there may happen to be between the London and
New York markets. Art)itrage is alto practised between
Londt n and the chief Continental Bourses, but on a smaller
fcale and with less fcit-ntific methods. Oa the Continent it is
done largely between one Bourse and another; in fact, it iB
of foreign origin, and foreigners take the lead in it even here.
The market which offers the finest scope for it is American
railways, the daily fluctuations in these stocks being active,
and the deviations from parity between the New York and the
London prices being often considerable.
The New York Stock Exchansre opens at ten o'clock, which
in London means about three o'clock in the afternoon. From
a quarter past three o'clock onward the cables come pouring
in.
They have to be sent out from the cable offices to the
offices of the arbitrage houses.
There they have to be turned
into sterling prices, and these compared with the London
prices at the moment. Like a flash of lightning the "arbitrageur" has to decide what he will buy and what he will sell.
He ru>hes to the House and has his business done for him by
brokers as smart and as keen as himself,' Then he cibles back
to New York to "cover" his transactions, that is, to buy
against wh;it he has sold or to sell against what he has
bought. • » « »
In the first cable he opens he may see New York Central
quoted at llQi;^, the parity of which at the current rate of
exchange would be 113'43 in sterling. The London price at
the moment may be 114i^. If he can sell at lUig, he has a fair
chance of being able to cover at New York that is, buy against
the sale at the equivalent of IISJ^ in sterling. Should the
New York market remain as it opened till his cable arrives
and his agent can execute the order, he will come out wuh a
Eroflt of =8 per cent, lees commission and cost of c ibling. But
e takes the risk of the New York price rising in the interval, in
which case his agent has to cover at a loss or keep the transaction open per contra.
New York may have gone still
weaker, and the covering purchase may be made so as tj
—
J^lu.
.
.
—
,
—
Jati. 1 (0 Jnli/3^.
188.5.
li<8G.
Grofs earnings
OperatinjT expenses
$32,66i>
1885.
$24,('04
$193,411
$l(3«,-i71
22,479
18,523
14i',3t0
139,791
Netearnirgs
$10,190
$5,481
$51,071
$27,080
18t'6.
Denver & Rio Grande Western.—The President of
this
company, Mr. Wm. J. Palmer, has issued the following circular under date of August 20:
To the liondholders:—
On July 29 orders were made in the suit between this company and the Denver & Rio Grande Railway Company for the
discharge of the receiver and the turning over of the railway
and property to the Western Company. These orders have
ijeen carried into effect. They were consequent upon the settlement of all controversies between the companies, and also
upon the fact that a majority of the bondholders in amount
had deposited the matured coupons and those maturing to
and including March 1, 1889, with the funding trustees, and
received funding certificates tiierefor.
This perfects the funding plan, which is now, by the terms
of the mortgage, obligatory on all bondholders. The bonds
thus funded, with the certificates representing the deposited
coupons, have been listed by the New York Stock Exchange,
and are designated as "Assented B»nds."
On Sept. 1, $17 81 per bond will l>e paid, making, with the
$12 already paid, the sum of $39 81 per bond to assenting
bondholders.
Thus this property has been reorganized under the funding
plan without expense of committees or of foreclosure proceedings, and avoiding the dangers and hazards involved in
litigation between bondholders and their company.
For the year ending July 1, 1886
The gross earnings were
$ ,073,542
1
Operating exiieiises
I'axes and insurance
$68",
'Z
—
700,54R
Net earnings
Deduct rontiil of equipment (to coaseon title to rolllns stock
Itelng perfected and transferred in aor>ordauoe with the
eottlemeut made with the Denver Co. above referred to)
$374,996
14.t*10
. .
Net
Yearly pavmouts required nnder funding planIn 1856....."
Iu I857
.
43,234
$331,7-31
$205,689
203,575
ArocsT
THE (JHRONICLH
J8. 1S88,
The eff.'cc of the betterm=-ntii rna ie is U-lling permanently
a nwliftinn of th- owt ••f opjratiiiif and in tii'-wnanc.?. Col.
'.i.Tinu-J »< 0(ner*l Miaiger of the
D. C. D
receiver, Mr. W. H. B laurofc, continproper'
in
ues OS
Ircil
ai oujn^i lUtrodeDt.
1
then be operateil under the
Pjllmer, Pi-esident.
Long Island
the
.Northern Centnl.— The ntttement of earnmsp? an(i expenses for the month of July and since January 1 is
^-1 m. rudedJuty S\.
as follows
J„ly.
—
18^6.
is proceeding on tho
extension frjin Fjrt Worth into the Imlian Territory. The
nil« ih*t have be--n received are Bterl. Worli is rapidly
nrogressinia; on th*- bridxe acrotie the EInusiMith of Gainesville,
S^nia Fe Kiilway Cxnpanv
T^zas. The Atchison Topeki
is havinz twe->ty lari;e locomitives built for U'<e on its extension, besides 1,000 frright cars and a uaiuber of passenger
coaches.
&
Grand Rapidsi k Indiana.— The fcnn* and net earoinics for
Jnly, and from Jan. 1 to July 31, furnished for the ChboniCLB, were as below :
7am. 1 to /ufy 3 .-^
Julv,
I^H&
I8S3
IS^It'.
1S9.\
•175.«49 (LOO 1.200 $l.o<fl.g|o
Oroaearalnca
«203.749
I2S.813
7 1.8U
772.047
OpsrailiiR tX|«aK« ... 1I^.3(S
.
.
—
1
«J«l.AaO
•;t4.76S
•}.'.63S
9S:,M>3
Illlnol-' Ceatral.— It is stated that ihi^ company hai nego*
tiatc'i f'i."-i').iKX) lUinos Ceotrai 3Si per cent bon-ls in E ik"
land. Thii £I.U(JO.00O of Si^ par canU is issued a;(sin4t
$S,0(H).000 C >icaKO St. Louis tc New Orleans Ss. own»'i by the
eompAny i.nd dr-poMt d in trutt. Iliere is a savioK of 1>^ per
cent in illtrrt-^t by the operation.
5etrarclnri
LakeMhireA
MIehiiran Soathera.— B<)nd^ of the Boffalo
ft State Line Railroad Company, am >uiiting to ^i'lU.UUO, and
fallinz due on ths 1st of S-ptember next, will be paid by this
companv when due, at the Unioa Trust Company of New
York.
—The Matemeot for the quarter ended June 80 shows as
IBS'*.
SUtl.lMO
327,703
Groiiq eariilnm
Ot>eratlug expenses
l%8ii.
1895.
mi.TV2
$3 031.-H1
Si.3,r0!».494
3CK),«59
a.OlO,72i
l,^.5S,2.'i6
$121,757
$111,063 $1,021,137 $1,154,238
Pennsylrania Kuilruud. The gross and net eaminm in
Jnly are compiled for the Chronicle l>elow.
In July,
ISiJO, there was an increase of f071,5T2 in gross earnings azid
an increase of #430,.'j79 in net, compared with July, 'STi. Since
Jan. 1 gross enrnines show an increase of $2,002,143 and net an
increase of f l,S7U,344, compared with the i>ame i)eriod in 1SS5.
Erie the net result, after
On the lines west of Pittsburg
payment of all charges, shows a gain of $273,439 in July,
with
compared
July,
1885.
Since Jan. J»the net re1886,
sult shows a gain of $610,%21 compared with the same period of
Neteamln);i
—
&
18t».
Lons aurr or
prrrsBaiio ixd brib.
Orott XamtHot.
Xei Earntngt,
,
IS^.'S.
18S.V
1896.
1886.
•21.319,593
•7,>6»,«)24 $6..Mn,859
J40. 1 to Jono 30. $23.2^0. 164
3.«8.^,10^
l,.'V80,<>2j
4,336.1177
1.160.049
July
.-
lows
management of
Railroad.
:
Wm. J.
Wurk
Fe.—
S«nt«
Gulf Colorado t
,
2i5
—
——
.
$25,004,098
•9,250.25J $7,(i79,b08
TMalTmoDtlia •27,0 G,S41
LntBs WIST or nrrsaoRO a bus.
ITtt BurpluM or tUfleU t^fter panment of eJuirga.
mr. $650,188
Def.
$987,010
236.331
Def.
87,108
Dig. iH l»at>.
Ualu. $336,891
Gala. 273,429
Der.91,024,l9S
Gain. $610,321
188.V
1886.
Jan.
July
1
to June 30.
i^ar.
Total 7 no'Dtba. Def. •413,877
t
Readlnir.— The result of the joint operations of the Philadelphia! A U»a<ling Railroad and Coal ft Iron
Philadelphia
fol-
:
IMS.
19*9.
OroMeamlniri
OfttaHvg rjprDSM
ta.49HI.<»S»
MM^MS
tntrttut
VS^MOkm
•17fi,:i97
$lJBf:iA^9
9iiu,t>v.>
S.I7a.a<M dec Sl.ttSi
833 in net, oomoared with July, 1885. In the eiitlit months
from Dec. 1 tliere was an increase in l^V-6 of $1,107,421 in
groaa earnings and a decrease of $458,)!87 in net, compared
with the same period in 1^84-5.
Onus
.
• l,07l.-('Ji»
^V'*'- ("'• Jf— S0.->
1M«.
ItdS.
I«S».
RsCcaratan
•731.430
lV7A,;<i>l
•8x,<.i8
973.9tO
•IM,030
Paelfle. Arrangements are reported in
for eztendInK the Dallas ft Green villa braaoecscf the
Paciflc road to Waco, Texas, via Waxnbachie and
Ellis County, a distance of 120 milea.
—
.
IS^S.
•T0i.u48
.M0.5a;
•l(t4.4Ul
progress
Minouri
Milford,
NathTlIle ChatUnooca * St Loaii.—The groM and oe
in July, the &isl month of the flaoal year, were as
below:
•nnungs
Ktt Kieriplt.
,
l^BJO.
.
810,164
S:i3.<<i;.1
1,015.423
1.123,747
Total8innnth«...t37.s:i0.Oll $-JO,742,»90
$6,1U3.9T0
$«l,556,257
3,814,203
4,058.4)0
lH84-.^.
$4.MI>'.0I4
Fittsbnrg Cinrinnali tc St. Lonl«.— The ktos* and net
eaminKS for July, and from Jan. 1 to July 31 <July, 1880. being
estimated) have been furnished to the CiiRO!Wi>E, a« tielow:
Jm/b.
1880.
Om*( eamlne*
OlwrBtlU||ez|N-iw«....
Ni'tPiiriilliKii
Ponghkwas recoi
keepsie
New
/««. I IP Jumt 30
OiMi sanMats
•W7,«M tafja»
OfSnMnw ezieMas.. 1IM,MI
tSt^MS
Hlaaeml
for the
•^
3.748..i49
4,C0.t.892
Dee. 1 to May
JaJjr
1
Mexican Natloaal.— The Kroas and net enraings
qnaner ended June 80 were as followa:
—
• l,272,l«4
Juae
9333,67^ drf. *lS,aOS
•246,878
MetrnpolIUn >'><*!"'f«l n<"l» t" New Tark.—The Metroimd up. has liquidate<l
p'liian National Iorer *V)0.noo of I
i'-»t«« iMued in the May
pai
There are only |':uO,(iOO to $900,000 more out•tu.'
these will be paid irnm««liately, and a divi.ti will be declared.
dend to stockhotders (proba)'
The hask has icceoUy b»a IarK» amount of
ooltatefals accepted in feti»-<»r..i. <.i i„a Seney and other
fSsUnies at that time, and liaa sold some secuiitim. nmonK
which sre said to be a large blo^ of Kast Tenneaire Virginia
ft Oeorgia inoooie hoods.
•arplna
RtctiplM.
189^ t).
188 1-^.
31 •19,947,372 $lf,BB8.319
I'.
York,
o...!"
—Jan.
1886.
1 to
1885.
Julu 31.
—
1886.
$396,532
•3-.i8.ll0
$2,478.^49
2.-3,118
211.005
l,e0.^,7.^8
•i.213.530
1.104,384
9143,410
$»7,021
$^l«,59t
$809,166
Mridge.— At PouKhkeepfie, August M, there
clerk's office a mortgaK*' from the I'oughiiiany to the Mercintile Trust Company, of
for ^i,UOi),000,
The raortKaee covers a bridge to
be constructed over the Hudson at tlutt place and all the rent
estate approach' s and other property of the company now
owned or hereafter to l>e ac(|<iirvd by it. and is given to secure
the payment of an e<\nal amount of six per cent l>onds, to
run fifty years from August 1, 18M.
Rome Watertown k Ogdenshorg.— For the nine months
ending June SO, the coinp my f iirnishes the following <'orrected figures of earnings, uhicl'i dilTer slightly from those given
out last week
(M.
.
\ to
JvtuSO
$1,563,680
978,303
.
)885.
1886.
OlesseirnlnRS
Openting expenae*
$1,223,755
79.),8S8
$428,857
$589,293
Or«as •amtnci.
•ll(»,3.<«6
•llt.^.6e7
u Paciflc— The U<wton Transcript of the 23d inat. said:
L II
OjsfallsK e«i
.
1S3.S70
97,Me
"The Uni.>r. Pacific Railway Co. is clear of floatioKdebt. the last
Vs(t
•M.lSl note having been paid yesterday. On June 'AD, 1884, the bills
•5.I1.IX
latMvst and tasM.
(layable and accounts payable were $9,747,056, while the
laipravmanu
amount due the (iovernm»-nt, as decided by the courts, was
Thus the record of President
TMal
•«0.9«1 $016,704, a total of $10,6«J,C60.
taa/MM
Adams' administration is the paymt-nt in a little over two
aaritas
•fS.6S3
•7.130
entire floating debt, and the company stands to!few Tark Lake Erie k Weatem.—The statement of groM y<ars of the
miKht be
and net earnings for ten months of the current fiscU year day with aheolut< ly no notes outstanding. It
thought at first that this has tieen accomplished by increasing
is given below, by months, and die gross eamintpi in<lu I'c li*)
tixed charrcs, but this u not so. Many bonds have been
cent of the eaminge of the New York Pennftylrania
by the op<-ralion of the company's sinking funds, apOhio, leased line, the ouMr 89 per cent of the eamiugx of that retired
others by the api lication
Une being paid us rental. The net eamln;(4 are oorn-ct as proximntely 1,.>00,000 per year, andmoney
with which the last
the proceeds of land sales. The
bowing the actual resulU to tlie New York Lake Erie ft of
of the bills and accounts payable have been paid was obtained
Western Company.
as follows : First, the compjiny had the surplus income of last
.Harntnm.
XttBnminQi
^earupon which to call. Second, the proceeds of sales of
lii»8A-8tf.
IW4-«».
IHHV-e,
JN-4-t*.
b.>nds were
Ort. 1 toMeb 31. •l<>>i4Z.I71
••.>.3»7.ie9
•S.»»S.0«3 •2..'3H.)!I2 Kansas Pacific conso's and Oregon Short Line
April
i.7ti.3.'ia
'li-V.m-.i
i.4e»Ais
40<«.i>33
available.
Although the company has sold consols, it has not
»«•»
1.-5I.-77
l.Ol.SI t
3i«.20-<
saeeoi
added to its fixed charg> s, as the amount outstanding of these
*•••
l,ae7.S«ft
Sl.%..'iv3
1.4SI.BC3
ftft4,.^77
l)onds was laot year decreased $1,022,000 by the money accruJoir
i.»96,3<i6
i.Aei,7^-i
«0«.<)«4
370.b.%6
ing from land sales. Third, the company sold some of its outTMal lOnanllM. •I>«.708.475 •ia.3«l.4t0
•3.S0«,001
•a.S0e,O28
Grand Ixland bonds.
side assets, prii.cipdiy St. Joseph
N. T. Weedbayea
Beckaway.— Preeident Oakley, of • .• • The Union Pacific has now no outstandinK notes and
this railroad la leported as saying that Austin Corbtn has con- no temporary loans of any kind.
It has been brought to this
tracted for the parebaee of a majority of the Hrst mort(cage position of Btrenyth by wise and skilful manngement, and
bonda, the »h'.Ie fasne being •600,000. When the sale is with the road's afTalrs continued in fuch hands the stockflnallv contummated tlie company will be reorganized and hoMers have abundant cause for gratification and
or conflinto the control of the CorUn syndicate. The road will denoe in the future of the property."
188^.
1H8.V
,
i.lnits
.
I
pv
I
&
I
.
&
*
^m
I
THE CHRONICLE.
246
COTTON.
Orommercial jgimes.
COMMERCIAL epitombT
gi;foje
Friday Night, Aug. 27, 1886.
generally
sultry, and therefore
money
The
crops.
autumn
of
the maturing
politand
unsettled,
exchanges have been
favorable to
«iarket and foreign
to the disturbing
ical complications in Bulgaria are added
troubles have
labor
Minor
influences which affect values.
that
adjustment it becomes apparent
•occurred,
in their
Feiday. P. M., August 27, 1886.
as indicated by our telegrams
from the South to-night, is given below. For the week endlnsj
this evening (August 27), the total receipts have reached 12.153
bales, against 8,991 bales last week, 6,660 bales the previous
Thb Moybmbnt op the Ckop,
The weather has become
and
week and 7,024 bales three weeks since; making the total
receipts since the 1st of September. 1885, 5,349,77 1 bales, against
4,755,756 bales for the same penod of 1884-85, showing an
increase since September 1, 1885, of 594,015 bales.
lUuipts at—
t
he
:
drooping,
for December. Spot lard has latterly been dull and
choice
closing at 7c. for piime city, 7 30 @ 7 35c. for prime to
has
"Western and 7-50c. for refined for the Comment, r.irk
activity at
slightly declined, and the reduction led to more
ia
«10 50@|11 for new mess, $12 50@$13 25 for family, |9(af9
were
for extra prime and $13 25® 14 50 for clear. Cutmeats
heilies
dull, and prices show some further reduction ; pickjed
«U@C>ic., pickled hams ll@llj^c. and shoulders 6^@bM a;
smoked hams 12i^@123^c. and shoulders 71^(37^0. Beet is
bbl. ana
dull at |8 for extra mess and |8 69 for packet per
$12@|13 for India mess per tierce. Beef hams are lower at
Tallow has continued active, and closes
50 per bbl.
firmer at 4i^@4 3-lBc.
Stearine
sells
fairly at
SMc and
oleomargargine at 7%o. Butter dull at 16@ado. for creamfor
«ry. Cheese has been quiet, and closes easier at l}i@o/ic.
WestState factory. The swine slaughtered at the pniicipal
em towns from March 1 to latest dates numberedlast4,ueu,UUU,
season.
against 3,525,000 for the coaresponding ptriod
The following is a comparative summary of the aggregate
«xport8 from Oct. 26 to Aug. 21, for two years
:
lbs.
1885-6.
34,204,200
400,546,773
232.813,177
1884-5.
43,409,'2uO
Deo.
9,205,000
30,953,671
589,816
Inc.
369.5»3,102
Inc.
232,223,361
Lard
There has been a very active market for coflfee on the spot,
the sales for the week amounting to about 120,000 bags and
mats to the regular trade, and prices are decidedly higher,
with fair cargoes quoted at lOi^c; but to-day the market was
less active. The speculation in Rio options has also been
active, with prices showing some further improvement; but
to-day the market was barely steady, closing with sellers at
8'60c. for September, 8"45c. for October, November and December, 8'50c. for January, 8-55c. for February and 8-60c. for
Baoon,<feo
lbs.
lbs.
March.
Raw
more active, and close dearer at
4%@4 11-18C. for fair refining Cuba and Sj^c. for centrifugal
Refined
96-degree8 test, but to-day the market was quiet.
sugars are more active at hardening values. Molasses firmer
sugars have been
at 17J^c. for 50-degree8
are about steady.
Kentucky tooacco
Wed.
Ttta.
Fri.
T)iur$.
Total.
72
1,495
817
394
I,0s3
921
429
1,720
201
1,493
737
155
1
36
Knights of
The speculation in lard futures continued throughout
yesterday and to-day
first half of the week under review, but
material
prices declined, and the close this afternoon shows a
7 -370.
follows
as
week,
the
of
reduction from the best prices
700.
and
6
for Sept., 6-88c. for October, 6 '750. for November
rork
Hon.
Sal.
Galveston
Indlanola, &c.
the extravagant demands that were made by the
To-day the New Orleans...
Labor last spring are reacting against them.
sharp Mobile
more peaceful aspect of European advices caused a
Florida
in
improvement
Bavauuab
decline in food staples, contributed to a slight
Brunsw'k, &c.
the cotton market, and was felt in financial circles.
|23@ $'i3
XLin.
[Vol.
Teas have been
test.
is less
dull,
but prices
and
sales for the
128
200
264
191
278
432
6
1,493
57
42
30
31
"so
136
326
1
7
1
1
13
11
47
48
79
116
93
4
31
37
Charleston
Pt Royal, &o.
WUnilDRton
Moreli'd C.&o.
Norfolk
West Polnt,<tc
New York
Boston
transactions for the week amount to 1.913 cases, as follows:
60 cases 1881 crop, Pennsylvania, 12J^c.; 260 cases 1882-83
crops, Pennsylvania, 7@llc. 200 cases 1885 crop, Pennsylvania, 8i^@93^c.; 400 cases 1885 crop, Pennsylvania Havana
seed, 13@18i;. ; 225 cases 1885 crop, State Havana seed, li(^
14J^c.; 154 cases 1884 crop, State Havana seed, 11 ^c; 150
cases 1885 crop. New England Havana seed, 19@22i|c.; 100
cases 1885 crop. New England, 14@ 15c.; 220 cases 1H84 crop.
Little Dutch, 12}^@l3^c., and 154 cases 1885 crop, Wisconsin
Havana, 8@9c.; also 400 bales Havana, 60c.@$l 05, and 300
bales Sumatra, |1 a0@$l 40.
Crude petroleum certificates were much depressed, and on
Tuesday sold below 60c., but the market has since been
steadier, and to-day a slight improvement is shown, and the
close this afternoon is at 61J^@61%c.; crude in bbls. quoted
*t5J^@6iic.; refined in bbls. 65g(d6J^c. and in cases SJ^c;
naphtha, 8i^c. Spirits turpentine has continued in demand,
and the price has advanced to 36c,, with a quiet closing.
Bosins are firmer at $1 02J^@$1 073^ for strained.
On the Metal Exchange there was yesterday a revival of
speculation in block tin at 21 '800. for September, and ingot
copper sold to a moderate extent at 10'60c. for December; but
to-day tin was easier and dull at 21'75c., and copper quiet,
although the production is reported to have decreased
24,000.000 Ihs, in seven months. Lead is steady at 4'80c. and
pelter dull at 4i^c,
Ocean freights tiave been dull, owing to the higher prices of
grain, but room was not plenty and rates were sustained, with
some revival of business at the close, including London 8^d.,
Newcastle 3}^H. and Hull 3%d. per bushel, and Marseilles 38,
per quarter. Petroleum charters have been dull at 2s.3d.@
<»8.6d. for refined in bbls
;
12
18
31
3
13
271
174
163
65
1,489
2,198
2,297
1,725
12,163
68
42
Baltimore
Pliiladelp'a, Ac,
67
Totals tblg week
766
For comparison,
71
3,678!
we give the following table showing the week's
and the stock to-night ^
and the same items for the corresponding periods of last year
total receipts, the total since Sept. 1, 1885,
1884-85.
1885-86.
Beeeipta to
TMt
Since Sep.
Week. 1, 1885.
August 27.
Galveston..
Mobile
Florida
..
4,735
2,613
54
182
43
2,092
18,151
3,043
9,918
1,401
4,089
1,967
2
6
1,493
3,355
326
686
1,825
1,427
13
15
207
313
271
174
163
83
6
3,236
731
1
65
16
99,879
6,310
319
40
116,112
6,520
9,432
11,042
11.695
178,524
128,523
Br'sw'k, SiO
1
Charleston ..
Pt.Royal,&o
Wilmington
4,867
480
New Orleans,
Savannah.
1885.
1S86.
3,856
4,782
.
Slock.
Since Sep.
1, 1884.
Week.
Ind'nola,<fco
.
U'lieadC.,<SEC
Norfolk
W.Point, Ac.
New York
Boston
Baltimore
. .
...
71
Pblladera,<Icc
12.153'
Total
659
3,824
In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
Receipts al
—
1886.
New
Orleans.
4,336
2,613
1882.
1883.
1884.
1885.
4,782
4,735
Qalvegt'n,<Sio.
3,045
486
78
687
167
20
150
12,684
3,611
2,356
215
11
1,767
54
182
...
1,493
3,355
&o
326
696
Wilm'gt'n,&0
Norfolk
W. Point, &o.
13
271
171
15
83
6
AU others
305
419
231
1G6
782
40
712
12,153
11,695
4,914
22,971
week are Savannah
only 300 hhds., of which 250 for export. Prices are unchanged. Seed leaf has continued to have a free eale, and the
54
6
Mobile
active,
4,73S
1
Charl'st'D,
. .
Tot. this w'k.
48
3,361
1,397
6^6
15
we
1881.
4,523
3,614
854
4,211
1,631
187
67
750
45
168
138
6,055
15,956
Since Sept. 1.
.... .
Galveston includes Imliauola; Charleston includes Port Royal, <ko.
Wilmington includes Moreh'd Clty.&c; West Point iuciudes Cila' Point,<fcc.
for the week ending this evening reach a total
15.687 bales, of which 15,059 were to Great Britain, 381
Below are
to France and 247 to the rest of the Continent.
The exports
of
the exports for the week.
WetK Endina Amuat
HxporUd to—
.
B,M8
5,678
f-lorida
Savannah
Charleston ..
WllmlnKton...
Sorfolk
West Polnt,*o
New York
8,065
Boston
BHltlmore
1,313
Phllttdelp'a,
381
3
"lOT
e
Sept.
1,
1888, to
Bhcported to—
Oreat
Conti- ntai
BriVn. rranct nent. Week.
from—
QalTeaton
Naw Orleans
Mobile
Prom
87.
8,643
68
1,818
Ac
Total
15.058
381
247
15.687
T"tal
1W4JW 10S91
63
2004
12.SRI
Oreat
Britain. IVonte
Contl.
nent.
......
ToUU.
AiniuaT
THE CHRONICLE.
38, 1886.J
247
In addition to atMve ezpoita, our telegrams to-ni(cht also fcive
as the (oUo<rin< amounts of ootton on ^pboard, not cleare<i,
at the ports named. We add siinilar flgurea for New York,
whioh are prepared (or oar apedAl nw by ousi u . Carey, Yale
Lambert.
ft
M
U Bearer Street.
Auftut 37, AT—
'
ffTMU
BrUaht. fmnet.
OUkt
Moaa.
Mono.
Moaa.
Mooa.
Moaa.
Mooa.
Mooa.
144
Moaa.
8,939
None.
11.216
100
190
100
190
l.Ti".
3.0.S9
MOoa.
«^
Mom.
Mom.
2U0
Mnaa.
Moaa.
Nona.
Mooa.
9.200
a,9O0
4.86?
3,236
106.912
24.701
9.850
S94
18,883
IS9.633
1.700
273
ft.l-iO
190
9.973
11.308
111.590
113,164
••vOr'.aaBS....
6.791
Clfcsrtssl'o'a'.III^
mCS;
Mom.
aTannah .. ....
OalTMtan
oiMk
aw Tack
3.UOU
2.300
790
Mooa.
12.031
7S0
7.000
6.008
1.000
Mooa.
Oikarpnta.
Total 188«.
Tot»H885
rKall884
Ooait-
9,490
Btoek.
Ibtet
WtM.
3043
The pa«t week baa been one of some excitement in the
necolation in cotton for futnre delirery at this market.
war.ik-i news from Europe bad
a depres'<ini; efTfc.
Tb« rainfoll in i'ex«t was also anfaTorable to prio-*, thougi
nw
was aricued that it was of doubtfal bi-nefit to the crop in
that State, inasmuch ss the violence of the storm worked injury tbcoiigb excessive she<1dioK an'l the beatinK down of the
plant. Th- ite<'ltne continued till about noon on Wednnsday,
wben the low flKuren that had been reached and less warlike
ne«s friim Europe caused a rerlral of oonfl ien'^e, an 1 p%rt of
thecorlr dethnewas racoveivd. tbe Tolume of boaiaesi bavins
materially ino' eased.
fresh decline ani a smart recovery
to k pUct! on 1 hurs/iay, the effect of spt^nilatire manipulation,
and to-day I h>-fe wR<< a strouKor but a feverishly unsettled
^^
markft. O'''
spot has been f«irly active for export
andbomecor
,, but tbe demand was frvely met" te<sier
orioaa, and uuuintiiniB were reduced I I6c, toV.'^c. for midabmf npl«B4ML Testard«y good mid<iUng were further r»dncod 1-19'*,. tbe better gradvi being in full tupply and not
much Wanted. Tixlaj there was a letter demand for home
eonsumplion, and tbe close was steady at V'^c, for middliug
It
A
.
tiiJ«Bds.
The total sales for forward daUrery for tbe week ore 430,100
baleo. For Immediate delivery the total sales foot up this week
7,4S4 baleo, iaolading 9,090 for export, S,40i for oonsumptioa,
for speoulotioa and
hales
in troaoit. Of the above,
were to arrive. Tbe following ore tbe offloial quotations for
—
—
—
Moh day of the post week.
uruutDS.
^Mff. 21 «•
••.
AmgtutiJ.
—
8ii|«
Ortin-r.aa
7%
nOl«..
1
I
Otd..
8>i«
8>t
.U'dOni
Lo»MI<ld-« V,
Slr.L'wMId 9>a
MtddUac... 9*u
•aodiiSt.. 9^
I
amu
tlt,d »'*it
7>«
7»»
7*1.
I
>>,«
8>e
I
8>i«
9>s
i\
9H
k^«
9<
I
I
•v.O'dlUd lu
'
10
It
1«J^
11
Ill
•Ms
Si::
I
tSSilV
'I*
.
eoodOrd
7ha
,
8
.
6",
SU,. «•»„
7'm
7'w
71*
8',«
8«.
8
8
i
w.L'*iua
MUdUM...
Ooodind..
!>•,«
1.1,;
9>«
«>•,«
»>;
9H
8T,,
Sliul
»>I4
9>«
90.
1
1
V'^K
9
lu*,« ,lu*., jlu>(
:10>*|.'10l(,. 10U,.!ll>t
8*14
S»i
8>I6
8«i
9
9
9
9
9
r,»
9<«
91,.
»M
977,
8<
9^
1
1
?'.:'•
7'«
8*i«
8*1
fi:-
•*l«
7>«
8<i.
1
9>«
»i,.
9^,
I0>*
Kldd-( Fair 10*,,
Wtt
PH. Wa4 Tk. PH.
Tti.
8H
•ir.U'dOrd <ri« •''•a
liawMMd-s: 8>>|«i 8ii„
JJia
10<|
10<M
ilb*,« iv-M k^i*
|li»i« IH»i. Ill»i«
Wad Th. PH. 'Wa4
9H
TKXas.
•Ta
8»i.
ft
••
9»t,
9«
10
MiM'KfWr^lO^ 'lO^
yalr
«MW ORUKAMS.
/• Taaa
»H
9^
9I»,.
10>«
HI",
los ,10%
ll>a
9>4
9W,, Si!ll>«
10<«
lOia
It's
9>»u 9'*ia
10>«
lu>t
10>«
10 >.
im im
TAUfBO.
MABKXT AMD
Tb* total aalaa and future delivariea each day dtiring the
w«ek are ind toated in tbe following statement. For the oonvoalenoe of the reader we akw odd a oolomn which abom at a
glaaoe how the market doMd oo same days.
- Inoiooes Miea ui aepiauauar, 1869. lor cwpu-iuuor. i.M>,'iWf, ttepiMaasrOetobar, tor Oetolwr, 3O1.700; Beplambar-NiiTember, for NnTember,
416.400; Beplembar'DeoeiBlMr, for Oeeaabar, 928.200; 8epteniber>)aa.
aaiT. for Jannarv, 2.004.3UU
2.004.300; Beptarabei^Pebniary, for Febraarr,
1.749.40ii: Septeiober-April,
Septeiober-Aprtl,
March, 1.749.40)1:
iw.OOO; 8«ptBmiM<r-Marcb,
8«ptBmiMtr-Marcb, for Marcb,
1470.000;
April. 1,992,800; Bepterobei^Ma;, for Mhjt. 2,793.40o. 6eptember,
JnBe. for June, -^.396.200; September July, for Jaly, 1,647,800.
W«i nave Inolaoad to ton aiiuve (able, ana abaii ouuuanr aaeb
week to vtva. the averace prioa of fatorea eaob day for eaob month. It
will r>e foand under eacli dav follnwDK tbe abbreviation < Aver." Tka
arerajn for eaoh month for the wm k li also Klven at bottom of table.
TrBBHrrrable Orrtera—Saturrtkr, U-l.5o.; .Miiinlay 9-15o.; TuoMlaf,
»l5o.: Wedn<»day. 9 15a: Thumday, «15o.i Friday, 910o.
Sburt iiutlcaa for Aug. — Moudiiy, 915o.
The following excbaaxes have been made dur-ing the weekt
1 4 pd. to excb. 100 Oct. for Jan.
eft pd. to excb. 100 Nt)V. for Deo.
02 |>d. to exob. 30ii B.-pt. for Oct.
OS pd. to exoh. 900 Nor. for Dec.
02 p>l. to exob. 700 Au«. for Nov.
14 pd to exrb. 100 Oct. for Jan.
o.-i pd. ti> exob. 1200 Sept. for Mov,
01 pd. to eirh. 200H«pt. fnr Niiv.
;
nmraas-
voT aAauT
ouiaao.
M»pari,
200
inmAT.'.'.'.'.'.'.'.'.'.'.
ataady
ScaadradMdag.
Taan Baa; at rav.
PH.. Btaady
tMoL
Tka
qoo.
Om-fJMstump mttn
370'
eOOI,M6i
aoo aw
770 890
l.V)
7M
100 1.216
2.0205,404
dmilr "d<iUivonaa givaa oiwve
• ro
Taa Balm amd
iog oom(
tU.
TotaL
....
.. .
—
aalm.
870 71 .20©
....
....
S,l«6 47.600
8P8 41.100
l,.^90 110.200
D83 mtAoo
1,918 89.500
....
7,424 436,100
an
aatoaUr
dellvar<«t
XtaMttrim.
200
600
400
900
800
100
9,100
tba day
Phom or FDnraat are shown by the follow-
C^
Even 400 September
for Oi'tolwr.
01 pd. to exob. 100 Aug.
forref.
». a.
20lb
'04 pd. to oxi!h.
Kven 100 Aug.
500 Sept. for
(or Sept.
Mov.
THE CHRONICLR
248
The VialBl^K Supply of Conott to-nighi, as maae ^p by cable
as follows. The Ciontinental stocks, as well iis
thoxe for Great Britain and the afloat, are this week's returnB,
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the comDlew
figures for to-night (Aug. 27;, we add the item of exports fn.
the United Stateb. includmK in it the exports of Friday only.
and telegraph,
is
m
Stock at Liverpool
bales.
took at London
at
at
at
at
1885.
623,000
23,000
1884.
737.000
6£»,000
18S3.
867.000
45,900
523.000
Hamburg
1,600
Bremen
Amsterdam
616,000
o,7C0
S3.000
21.000
38.000
200
600
1.100
Rotterdam
Total Continental stocks
247,900
301.300
Totad European stocks
India cotton afloat for Europe.
Amer'n cott'n afloat for Eur'pe
770,900
947,300 1.217.S00 1,198,000
.=•1.000
197,000
143.000
4<!.O00
31,000
36,000
22,000
12,000
1,000
23l.54fi
128, >23
121.192
36.065
1V.916
15.331
6,1>0
3,300
2,800
i.OOO
24.000
3,000
17»,624
39.r76
Eg7pt,Brazll,&u.,»fltfor E'r'pe
Stock lu United States ports ..
Stock in U. S. interior towns..
Onlted States exports to-da7..
1,726
1,152,226 1,176,971 1,549.508 l,73i,705
Of theabove.tlie totals of American and other descriptions are as follow e:
supply
American—
American
341.000
160,000
24.000
178,524
bales
Ijverpool stock
Continental stocks
afloat for Europe...
ITnlted States stock
Daited States Interior stocks..
591.00fr
1L0,0(.0
12,916
3,300
36.063
6,100
42.000
231..'i40
744,326
796.674
818.703 1,066,705
162.000
20.000
87.900
135.000
3.000
191,000
23.000
111,300
51.000
291.000
69.000
183.300
143.000
12,000
4n7,!;00
380,300
796,671
BraiU, <*e.—
JSast Jndiati,
vorpool stouk
London stock
Oontinenta! stocks
India afloat for Rurope
Egypt. Brazil,
446.000
226,0C0
36,000
124,492
1,728
United States exports to-day..
L
3 1 .000
128.523
13,351
2.800
3.4,076
Total American
429.000
190.000
ifec,
afloat
Total E.ost India,
Ac
744,326
total American
1,000
276,000
45,9J0
123,100
197,000
22,000
700,800
666,000
848.708 1,066,705
1,152,226 l,17t!.971 1,519.508 1,732,705
Total vlslWe supply
Mid. llpl., Liverpool
Mid. Upl.. New York
P Ice
f rice
6^A.
lO'eC
!>HA.
lOBitC.
ti^\.
9»4e.
5»pd.
lOisc
tW The imports into Continental ports this week have been
19,000 bales.
figures indicate a decrease in the cotton in sighi
to-night of 24,743 bales as compared with the same date of
1885, a decrease of 397,282 bales as compared with the corresponding date of 1884 and a decrease of 580,479 bales i a
The above
receipts at
OLOSraO qCOTATIONS FOR XIDDLIXO COTTOM ON-
Veek ending
27.
Satut.
.
.
.
Wilmington
283, ICO
The
than the eame
Quotations for Middlino Cotton at Other Markets.—
the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
ilay of the past week.
Charleston
411,800
last year.
less
in
Savannah
119,000
6.000
43,000
15.000
8,000
same period
ha\e betn 483 bales
XUn.
Vol,
iveek last year.
Mobile
Stock at Marseilles
Stock at Barcelona
Stookat otiuui.
Stock 41 Trieste
13
tlian at the
towns
(lalveston .
New Orleans.
3.5.300
I,7C0
154,000
4.O00
44,000
9,000
9.000
BtockBtAntwerp
Cttook at Havre
Total visible
more
the same
A ug.
Total Great Britain stock
Stock
Stock
Stock
BtoQk
1886.
503.000
20,000
oales
I
93,a
9%
9
BH
Wedne*.
93,«
9116
9%
918
9
9l,«
9
9
8''8
8%
9
9
8!lt
8%
b\
8\
Ihurt.
Fri.
9...
.
9
9
8=8
6»8
9
9
9
8»8
9
9
9>«
9>6
9i|.
gash's
9^a>i
9^nH
9
9
9
91a
9%n^
9
93839i«
9'«
9'a
9'3
978
9>3
95i
9's
934
ys
9%
Philadelphia.
978
St.
Tuet.
..
Norfolk
Boston
Baltimore
Augusta
Meuiphis
if on.
6%
....
Louis
914
9»8
8%
9%
S->8
9I8
8%
918
9
9
8%®%
9
9
8"is
9
9
938
938
S.38
9^8
9^
9
9
9
9H
Weather Reports by Teleqrafh. — The heavy storm on
Friday last in Texas did considerable damage to property at
Galveston, while the town of Indianola was practiially swept
away and Cuero nearly ruined. The damage at Galveston is
estimated at about $150,000. Crops were also injured at some
points, but a few of our correspondents state that although
fences and houses were blown down by tlie high wind, the rain
was of benefit to cotton. In other sections of the cotton belt
the weather has been fairly favorable. Picking is now making
Cincinnati...
9^
Lmlsville
91s
good progress.
—A
severe storm on Friday last with
Qalvestoii. Texas.
partial ovei flow did damage in this city estimated at $1.50,000
The maximum velocity of the wind was fifty-lour miles an
hour. Altogether rain fell on two days of ihe week, the rainfall being estimated at two inches, our rain-gauge having been
blown away. New cotton this week, 4,782 bales, making thus
far 9,788. The thermometer has ranged from 75 to 94, aver-
aging
83.
—
Palestine, Texas, It has rained splendidly on two days of
the week, the rainfall reaching ninety -seven hundredths of an
inch. Crop gool and picking progreesing finely. The thermometer has averaged 84, the highest being 97 and the lowest 65.
— We
have had delightful showers on
Huntsville, Texas.
three days of the week, the rainfall reaching one inch and
sixty-two hundredths. Crop accounts are more favorable and
picking makes good headway. The tiiermometer has averaged
85, ranging from 66 to 101.
Dallas, Texas. There has been rain on two days of the
week, but not enough to do niucn good. The rainfall reached
eighteen hundredths of an inch. Rain is needed almost
—
compared with 1 '83.
At the INTER! jb T0WN3 the movement that is the receipts
for the week lud since Sept. 1, the shipments for the week, acd every«h»re. Tne heat is terrific.
Picking goes on finely.
the stock i,o-iii»i;ht, and the same items for the corresponding AverHge thermometer 88, higliest 104 and lowre.-t 71.
perio i of 1884-85 is set out in detail in the following statement.
Austin, Texas. We have had ram on two days of the
week, the rainfall reaching three inches and twenty five hunCWC-t-TiWa!
A high wind on Friday blew down trees and
dredths.
gag
w — ©S'H -re*
fences, but the accompanying rain wks very beneficial to
P
crops, accounts from which are more favorable. Tne thermometer has ranged from 72 to 102, averaging 88.
—
>
—
—
at
» p so
5a^ 5
£d
-J
Luling, Texas.
9
o> ~i
:••
t-'GD^^
CO
i^ao<jcnxi^i^toicv«os
en
:&
00
ts
OS
\
'S
o c *- tc *- o
"^
[U
->
»;. c;i
—A
w
M
•
to
si
JOi-MMlO^CD
to
great storm
(^
tOCJiMW
c
*-
X
;
.
.1
CD
*- 01 fo
f- •- Cfl 00
—
—
tji
^
V<OM
^1
*j>
* Tills ye.ir's
The above
01 OS ^^
cji
M)
CO
!-»*»-•
M&)h.*^COtO
I
a.o*OiP^ccoc^Ocp
Ugiires estimated.
show that the
old interior stocks' have
d8cr«a.ve^durinKtheweekl,O0S bales and are to-night 33,735
totals
Monday demolished
We
Columbia, Texas. It has rained on four days of the week,
harder than de.-ired, but beneficial. The r»infall reached three
inches and eighteen hundredths. The ttorm on Friday did
considerable damage on the coast, but I doubt if it has hurt
crops, which continue fine. Picking makes good progress.
The thermometer has averaged 84, the highest being 96 and
the lowest 69.
Cuero, Texas.— Ihe terrific storm on Friday demolishad
houses, fences and trees, and in some cases nearly ruined
crops. We cannot, as yet, estimate the damage to the crop.
The maximum velocity of the wind is estimated to have been
eighty miles. The town is neatly in ruins. Indianola was
swept away and some twenty-five lives lost, including that of
the signal officer. The thermometer has averaged 86, ranging
from 64 to 103. E'itiaiated rainfall for the week three inches.
Jiren/iam, Texas.— It has rained hard on three days of the
week, the rainfall reaching three inches and eight hundredths.
The high wind on Friday blew down fences, trees and a few
houses, and also damaged some open cotton, but the rain was
very helpful and crop accounts are more favorable. Average
thermometer 87, hi>!hest 102 and lowest 68.
Belton, Texas. We have had delightful rains on two days
of the week, and crop accounts are more favorable. The rainPicking
fall reached two inches wnd ninety-five hundredths.
The thermometer has ranged from 68
is progressing finely.
to 101, averaging 87.
Weatherford, Texas. It has rained on two days of the
week, the rainfall reaching thirty-seven hundredths of an
inch. Picking is making good progress, but the crop will be
poor. Average therm' meter 84, highest 101 and lowest 67.
Hew Orleans, Louisiana. It has rained on five days of
the wet k, the rainfall reaching one inch and thirty-five hundredths. The thermometer has averaged 82.
—
-i
on
houses, fences and tree;*, and blew out much open cotton.
cannot, as yet, estimate the extent of the damage done. The
rain was very welcome. Average thermometer 89, highest 101
and lowest 73. Rainfall for the week, two inches and sixteen
5*'
hundredths.
>o
,
El
0^1
W
OIK)
Si
•
—
I
AcocsT
THE CHKONICLE.
88, 188C.]
Bhrewport, LouUiana. —HAinfM for the week one inch
and eighty hundredths. Cotton on Ihin uplands, sandy river
fronts and vt-ry stiff lands fniitinx poorly, but in all other
caaes is doing well, showing improvement during the past ten
249
Caterpillars are general on the river ut with Dominal
days.
damage, ss Paris green is being used with good f-fftct. The
tiMrmometer has areraged 81, the highest being 101 and the
According to the foregoing, Bombay appears to show an
iiuTeast compared with last year in the week's receipts of
4,00C bales, and an increase in shipments of 3,000 bales, and
the Kbipmeuts since January 1 shew an increajie of 292,000 bales.
The movement at Calcutta, Madrse and other India ports for
the last reported week and since the 1st of January, for two
" Other ports" cover Ceylon,
years, has been as follows.
lowest 64.
Tuticorin.
>
Columbus, Sfisaintppi.— It has rained on three days of the
week, the rainfull reaching one inch aid twelve hundredthr.
The crop is developing promisingly, although slight damage
in limited areas is reporte-t from rust and caterpillars. The
thermometer has averaged 76, ranging from 62 to 90.
Leland, Hi»«is*ippi.—TeffKraiii not received.
LtttU Sock, Arkatnai. The w»atber has been fair during
the week, wiih a slight vprinkle on Wednesday, but the surrounding country reported good rains on the same day. Thi re
are some complaints that rain is needed, bnt do not think
8kipmnm for tht wee*.
Aritein.
1886
1985
—
..
1.
Oreol
Total.
Britain.
..
1886
1886
lUoUiara—
1886
Oontintnt.
Total.
59.000
54,100
38.000
17.500
95,000
71,90O
1,500
1.800
15,000
4.00U
2,000
17,00O
4,000
6,000
5,000
11.000
30.000
J«,700
23,000
25.700
53,000
50.400
(S.OOO
6,500
12.5C0
101.000
61.000
«3.200
1A5.00O
126.300
1895
total all-
1886
18(W
M.100
The above totals for the week show that the movement from
(he ports other than Bombay is
bales more than same
week last year. For the whole of India, therefore, the total
ihipments smoe January 1, 1886, and for the correuponding
penods of the two previous years, are as follows:
axroBTs TO Binu>PB pbom au. imoix.
1885.
1888.
of the
of an
iaeh. Crop accounts are more lavorable. The thermomater
has rangeo from 69 to (3, averaging 79.
SoMlivilU.ltnHttMt. IthasraincdoaHvedaysof the week,
the rainfall rraching two inches and seventeen hundredths.
Average thermometer 76, highest 91 and lowest 68.
MoUU*, Alabutna.—\i has been showery on three days of
the week, the rainfall reaching seventy six humlrrdths of an
On the upliinda
inch. Accounts tiom the interior conflict.
flrap accounts are lets favorable. There are conipluints of
datnage by the recent droath. Caterpillam have H|>|ieared,
The tMrmoinetrr has averbut with linii
y *M yet.
ing 90 and the lowest 67.
aged 77, the
Skipmmtt tine« January
Kadraa—
mnch damage
MtmphU, 7>nn«M««.— It has rained on five dajs
WMk, ilie rainfall reaching eighty-eight hundredths
Oontintnt.
u>Umtu—
—
has occurred. On the 21st two bales of new
The firct Eold at 17^ cents per lb, and
cotton weie received.
the other at 10}^ cent*. Tt e tbrrmometer has averaged 81,
the highest being 86 and the lowest 69. Last week was clear
and hut. Average thermometer 85, highest 96 and lowest 72.
heiifM, ArkaTuiaf.—y>'e liave bad light showers on three
days and the remaitdt-rof the wr«-k has been pleasant, the rainRains have
fall rvaching sixty-three hundredths of an inch.
improved ihe appearance of coiton which was shedding badly.
during
last
two
weeks is
the
The damage to uutton by drought
reported to have been ten per cent on hign land*. Bottomt
The tiiermometer has averaged 81, ranging from 71 to
Kurrache« and Coconsda.
SMpmtUa
ttmilBmropa
Auat
Bombay
aUoUasr ports.
TMal
ThU
MM*
WMlk.
Jmm.l.
ginet
Thii
wfk.
Jan.l.
•aaalc.
967.000
165.000
1,000
ieAOoll.132.000
1.000'
4.0<iC
12.50O
1884.
TkU
675.000
ginet
Jan. 1.
1.0^2,000
181.0CO
12(1,300
I.OOOI
801,30-1
I.OOO 1,263,000
Uakcbistbb Uarkkt.— Our report received from Manchester to-night states that the market is easy for both yarns
and shirtings, and that the demand continues poor. 9ii cop
twist is quoted at 7@7^d. and 8>^ lb. shirtings at 5b. 6d.(a6s.
6d.
COTTOM Chop Circtlab.— Our annual Cotton Crop Circular
Montgomery, Aianama. We have bad rain on two days, for the year ending September 1, 1886, will t>e ready about tbe
Bd the remainder of the week has been piraatnt. The rain- 9lh of September. Parties desiring tbe circular in quantities,
Picking has comfall leaohed flfteeii hundredths of an inch.
businesi card printed thereon, shottld send in theii
aenced and new cutton arrives daily. The theimumeter has with their
orders as soon as possible to ensure early delivery.
•Teraged 77, ranging rom 66 to 92.
Stlfna, Atabatita. — We have had rain on five days of the
OOERICTIOX— ECROPBAN COTTON CONSIMPTIOS TO AuOCST
week, the rainfall leaihing two inches snd five bundiedths.
1.
An error on the part of our correspondent in cabling Engaveraged
Hi.
The ttM-rmontrter has
Mtuluon, jnoruta. We iiave had rain on three days of the lish spinnen' taking* to August 1 as 2,970,000 bales, whereas
week, the rainfall reaching thirty-hundredth* of an inch. The the correct total was 3,790,000 bales, and the obscurity of that
thermometer tus averaged 76, the highest being 87 and the portion of the cable c ivering Engt'sh spinners' stocks, resulted
lowest 65.
incorrectly last week the portion of Mr. Ellison's
Maeon, Qtorgia.—Thne has been no rain all the week. Hot in our giving
figures referring to Oreat BriUiin. The corrected statement
and dry weather u causing nut in cotton.
Columbus, vtoTi/tu.— vit have had rain on three days of is as follows:
the wfek, tbe rainfall teaching one inch and to^-nty-sixhnndredihs. Tbe thermometer has ranged from 71 to 88,
OrmUBrUaln. ContlHtnt.
TotaL
/Vom OcL 1 lo Aug. I.
•vangiBghO.
for 188t*8e.
Bmvtmmuh, e»orffia.— It hss rained to an inappreciable
8,790,000
2,915,000
5,705.000
extent OD one day, and the remainder of tbe week has been TskinK* by lylaaarB.
451
445
448
Avarsca weight of bales.
p leasa n t. Average tbermooMter 77, highest b9, loweat 6S.
1.258,290,000 1 ,207,1 75.000,2.555,465,000
Auffutta, Vt'jTi/ta. — Tbe weather has beeo warm and diy Taklngaln pounds
daring th- week, with tbe exception of one light spiinkle ut
Vor 1S84-85.
I
—
I
—
—
.
•
Bven bundrediha
of an inch. Aocoants are good, tbe crop is
'TsktnKS by aplanen... bales
2,715,000
2,675,000
5,390,000
developing nicely. The thermom ter has averaged 76, tbe
^><
431
439
MsracswelRht of bales....!
highest beinn 96 and ihe lowest 61.
1.S05,«»l/>,ooo l.in?.1'B.00O 9.367.789,000
ApouixU
AUantn, Wfvri/iu.— Telegram not received.
Albumj, (/rorj/ia.— We have had ritia on two days of tbe
Stated in 400-lb. bales, the following shows the total takings
week, the ri>iul«ll reaching »eventy-five bun Iredihs of an inch. and the total and weekly consumption for the two years
IS
making
BOO
I
Picking
progress and planters are marketing
their crop freely. The thermometer has ranged from 67 to 88,
1885-86.
1884-85.
Oct 1 to Aug.l.
•T«ragu>g 78.
CharUttott, A>tUA CaroHna.—W» have had rain on one Balm 0/ 400 Ibt. taek, Ortat OonttOonUTOUU.
000* omUted.
TttaL
day of the week, tlie rainfall reaching th rty-«iz bumlredtns
BrUaltt nent.
BrilatH nenl.
of an inch.
Average thermometer 76, highest 90 and
89,
152,
241,
ptamais' atock Oct. 1.
S4.
192.
lowest 66.
138,
3,014.
2,006. 5.920.
3.146,
3.243.
6,389,
ataUburg, South CaroUna.— It has rained on one day of rakiagsto Aog. 1
the week, the rainfall being inappreciable. Picking is going
:i,05s, 6,161,
Supply
3.103,
3,200,
3,381, 0.581.
oa. Averaice thermometer 74
hiKheai 91 and lowest 60.
5.759,
WiUon. North urnlina. It hiu< raine'i on two dajsof the Oonaampt'D 44 weeka. a.03«. 2.826. 5.869. 3.031, 2.728,
408
72.
week, the rain'all r>-aching nii ety hundr dihs of an inch. The Spfamaiv'Btook Ann. I
732.
e.te.
166.
thermometer ban averaged 76, ranging from 63 to 90.
There has been a fair jobbing
Jute Btrrrs. BAOOlxfi,
ImiA CuTTOii MoTBHKin PBOM Aix PoBTB.—The receipts demand tor bagging, snd goods are being tHken <|uit<j freely.
and shipments of cotton at Bombay have been as follows for Some inquiry is reported for lar^e lots, and a few iransnctiona
the week and year, bringing the figurea down to Aug. 29.
have been closed at a shade under quoted flgureK, which are
.'•,
—
I
Ac—
i% lb., lUr. tor i;'^ Ih., siiC. for 2 lb. and 8i^c. for
Htandard grades. There is only a light call for jute butts, the
(lemanil being for present wants. Prices are fnirly steady and
p-per Krades are held at l,"s@l?:^& and bagging quality at
7c. for
aoKaav aaoairr* amd sa irasa rs ros vooa ra^as.
HUpmtnlt Uit
»mk
j
M<|nMiW(
MnM JoM.
»oo'eft3.ooc
... iMMi t\m turn
l.Oofi!
'B«v:s»t.
I
Ketmpii.
Thit
tMat
Wttk
IM7.000
5,000 •isiioaofi
i: -
.
21^02,140.
rear.
Ncwb.—The exports of cotton from the United
the past week, as per latest mail returns, have reached
So far as tlio Southom iiorts are concerned, these
13,1S1 bales.
»re the samo exports rHoortctJ nv teli^xraph, and published in
With regard to New York we
thie CHUONiuut last Friday,
Shippims
i^tates
fiiM
1.000 111.
I
THE CHRONICLK
250
include the manifests of
nisht of this week.
Ssw York—To
all veaaels
cleared
up
Uverpool, per Bteamern Baltlo, 1,143
to
Thursday
—
Total balu.
Kliyulaud, 197
Llvrrimol. per teuiuer l-assell, 3,028
To Auiweip, per f-t<amer Ayi>hli<«. 211
Baltimokk— !'• Liverpool, per Bleanier Pueilo Riqiier.o, .^71
B08TO."( — lo Liverpool, per aleaiiiers KaiL-as. 3ii", Venetiiin, 331
fHiLADEU-uLA— To Liverpool, per BteameiBilUsli Klug, Hi
To Auiwrrii,
jiiT Btpaui- r
Mb» Oklkass— To
Xouu.....
—
-
Op«n
Brl-
tanulo, ],2S0....EnKland, 1,376. ...Olbere, 1,510 ...Bervla,
WiKConsln i.l38
648
To Hull, jser »t.-8Ui. r Otri^to. 1,000
Tti Havri-, p, r oieaiuer La Nuriuaudle, 381
Auk.
Mat..
7,005
1,000
391
men., Auc. 23.
ill.
Low.
01 0>.
d.
t.
It.
It.
li'7
3,02-1
9epi.-oot....
Clof.
Open
d.
d.
(t.
5 04
5 04
5 05
604
468
4H«
5 05
5 02
5 01
5 00
211
0«t.-Sov....
S"
Nov.-L)ec...
Dec- Jan
St/O
1
691
''7
13,iol
particulars of these shipments, arranged in our usus
form, are as foUows:
Total.
Liverpool
Hull.
Havre.
Antwerp.
7,0 .&
I,uu0
bSL
197
New York
3.i'28
3,2 9
211
NewOrle.tus
571
571
Baltimore
Gi'l
691
-BOHtou
37
37
Philadelphia
3 00
4 83
5 00
Jan.- Feb..
5 01 501
Feb.-March 503 503
6 01
\.
5 00
5 01
5 00
5 01
504 504 5 04
5 04 SOJ 504
5 04 5 04 504
501 5 01 5bl
4 03 4HS 4 63
4 63 4»« 4 68
4 03 453 4 92
4 6) 463 4 03
5 03
503
5 01
Ann.-^ept.. BOO
September
Tues.. Aug. '24.
Open High Low.
It.
eoa 606 506 508
500 BOe 506
ftC6 506 6 0» 506
503 5U3 5 03 5 08
eoi 5 01 5ul sot
500 500 500 6 00
August
XUII.
[Voi^
6 01
6 01
463
6 01
Low.
Hig/i
OlOf.
A.
505
5 06
5 05
5 05
6 05
5 05
5 05
iu»
6 02
d.
5 06
609
605
608
500
468
463
500
508
500
IfS
500 iua
500 500 600
6 02 502 5 02
5 01
5 00
The
Open
August
Below we give
13. 'SI
408
381
1,000
11,392
news received to date of disasters to vebsels carry cotton from United States ports, &c.:
Below we add the ciearancee tliis week of vessels carrying
cotton from United States ports, bringing oar data down to
all
(he latest dates:
Hbw ORI.KANS— For
.
60S 5(3
5 03
6 03
6 03
September. 5 03
8ept.-0ct... 500
5 03
5 03
4 61
4«1 461
Dec.-Jan
Jan-Feb
4 68 4 62 4 6^1
Feb.-March 5 00 5 00 500
The markets
.
quoted in our
..Atbshire, (•teamer (Br.). Stewart, from New Orleans, Aug. 14, for Ant-werp, with a car-go of zlL bales cotton aud ochor luei ohandlse, was
towed Into Key West. Aug. 19, by steamer Comal with nix feet
-water In her h Id and Urea put out, she haviug exp erleuced a
hurricane off Tortugas on the 17th.
the past week have been as follows:
Batur.
Mon.
Wettnes
lUtM.
TAurj.
Ball...d.
c.
Bremen, steam.. e.
sail
e.
HMUhnrg, steam, c.
Do
sail
c.
SS'
Amst'd'm, steam.e.
Do
Do
32V
32V
32i«'
32V
32
V
8aU...o.
Beval. steam
d.
d.
sail
Barcelona, steam c.
d
Ctonoa.steam
Trieste, steam. d.
Antwerp, steam. fJ-
For 100
for flour
5 05
5 05
5 04
5 01
5 01
5 04
505
609
603
4 63
4 62
4 68
4 62
4 61
463
5 04
5 04
5 01
4 63
463
4 62
61
4 62
461
4 62
4 62
463
600 5 01
5 01
5 05
5 05
5 04
502 6 01
600 4 53
5 00
463 500 463
463
403
500
5 01
6 01
468 163
4 62
4 63
4 68
5 01
5 01
4 68
Friday. P. M., Augnst 27. 1888
at the advanced prices
and meal,
last,
have been sluggish
in action,
with the tone
The reaction in the grain markets toward
lower figure?, and the check to the export movement, have
impaired confiaeece in a further improvement, and caused
barely steady.
dealers to limit their purchases to their actual requirements,
the higher figures, causing a rapid increase in the visible
supply, while the outturn of the new crop proved more and
more satisfactory, a decline set in which yesterday and to-day
made rapid progress, and the close is about three cents per
bushel below the beat figures of the week, under the more
peaceful advices from Europe, which are received by cable
to-day. At the lower prices there was more doing for export.
DAILY CLOSINO PBIOES OF NO. 2 BED WIMTBa WHEAT.
November
lbs.
Aug.
week
hales-
Of which exporters took
Of which speculators took..
Sales American
Actual export
600
d.
5C5 5 03
5 03
5 03
4
Jfon.
Tue$.
89
90
8^H
90%
803a
8914
904i
92i8
91°8
9318
94>a
95^8
Sat.
—
of the
500
September delivery
October delivery
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.
-tBales
461
In elevator
. .
*
4 61
4 61
4 62
CIO<.
d.
;
fiavre, steam. ...e.
Do
4 62
d.
604 504
503 504
500 6 01 500
4 68
d
and the close is weak andunsettled.
The wheat market opened the week quite buoyantly. The
adverse reports from the crop on the Continent, the free shipments that had been made, and finally the warlike advices
from Roumelia, gave great confidence to the bull party but
when it was seen that the export movement was checked by
Fri
itiverpool, steam d.
sail
5 04
5 04
d.
.
.
Do
5 01
5 03
d.
BREADSTUFFS.
.
—
Do
d.
Liverpool— Aug. 20— Steamer Governor, 4,019
Aug. 23— Stoiinicr Explorer, 1,351'.
Aug, 18
uverpool— Aug. 16— Steamer Koman, 2
Aug. 2j— Steamer NorBeman
Steamer Gallia, 1
For Yarmouth Aug. 21—SieamHr Alpha, 50.
Baltimokk— For Liverpool -Aug. 19— Steaiuer Barrowmore, 1,313.
For Bremen— Aug. 2j— Steamer Hermann
Philaubi.phia— For IjveriMml— Aug. 24— Bieamer British Prince
For Antwerp— Aug. 21— Steamer Nedeiland
freii<hta
4 62
4 61
4 61
4 62
.Boston— For
Cotton
5 03
6 03
6 03
6 03
500 6 CO 500
Oot.-NOT.... 4 68
NOT.-Deo... 4 61
d.
d.
<t.
Aug. 27.
FrI.,
Aas.'itt.
Open Bith Low. CIM. Open High Low.
Bigt. Lovj,
d.
Aua.-.-'ept
Total
Thun,,
Wednea., Aug. 25.
.
...
Forwarded
Total stock- Estimated
Of wuioh American— Estlm'd
lotal Import of the week...
Of which American
iimonnt afloat
Of which American
6.
37,000
2,000
1,000
51,000
3.000
8.000
591,000
423,000
41,000
31,00€
93,000
27,000
Aug.
13.
50,000
4.0CO
1,000
42.o0<
2.001
5,00(
557.0OC
397,001
18,00C
18,000
93,00<
30,C00
Aug.20.
Aug. 27
4.7,000
40 000
1,000
1,000
40.000
7.000
3,000
2,OoO
1.000
34,000
6.000
7.000
533,000
372,000
31,000
,^03,000
21,000
82,000
20,00(
9, OIK)
311,000
1.0,000
82,000
21,000
The tone of the Liverpool market for spots and futures each
day of the week ending Aug. 27, and the daily closing pricee
•of spot cotton, have been as follows:
delivery
December delivery
delivery
January
May delivery
94^8
lOOig
Jauedelivery
look's
93^
lOCa
Thun.
Fri.
83 'e
s-\
87^
Wed.
80 1«
88\
&9%
9114
9014
8918
921*
92^
91%
90%
9 J ill
943a
93 14
921s
93>3
9B=a
to^
9514
ICOH
.,
XOO
101
•
Indian corn has been without active influence of its own,
but has fluctuated to some extent from sympathy with
wheat. The higher prices checked exports, but at the reduced
values of the past day or two shipments are more liberal
and the home trade improves; but after a em^irt decline
to-day the tendency is still downward, but at the reduction
the export business was more active, mainly at 51c. for No. 2
mixed
to arrive.
I>AII,T
OLOSDIO PBIOSa OF HO. Z MIXEn COBH.
Thurt.
Wed.
Fue*.
Sal.
if on.
51%
September delivery
October delivery
Noveu-ber delivery
51%
52i8
53
51
52
51%
5234
521s
61=8
5iis
53l«
Frf.
5II4
5014
51%
51%
5258
51
"8
Oats show a very marked decline, especially for wliite^
which have been held firmly, in anticipation of a scircity; but
the freer tupplies, and sympathy with the other features of
the grain market, exerted to-day a very depressing influence.
Rye has arrived sparingly, and is not salable except in
small parcels.
DAILY OLOSnlO PKICKS OF NO. 2 OATS.
Fr
Wed. Thurt.
Kon. Tuea.
Sat.
.
3278
33»8
September delivery
October delivery
Niivembcr delivery
May
3'ZH
33i8
3238
33i4
32i4
33^4
33^
highest, lowept and cloemg prices of futures at
Edverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unlees
otherwise stated.
»bbl.
Pine
Supertlne
Spring wheat extras.
Mlun. (^;ear and stra't.
Winter shlpp'g extras.
XX &
P''^'^ dre
-QT-.^^
«3-«4<I., and 5 01
.-4
given in pence
meant 6
1-64(1.
and OUhs, ihut: 4 63
meam
32%
33%
34
31
38I4
deliverv
Barley is still unsettled, and barley malt
changed.
The following are the closing quotations:
The opening,
Si's
3238
33i8
Winter
Patents
XXX..
Soutbem sopers
$a00«
2 80
2 359 2 90
2 S5a 3 35
3 50 <» 4 75
90»
50»
4 40»
2 60a
2
3
3 40
4 73
5
00
3 00
is
nominally un-
South'n com. extras.. $3
Southern bakers' aud
3
family brands
Bye
flour, supertlne..
Fine
Com meal—
Western, 40
Brandy vine. *0...
000
3 40
509 4 75
3 25» 3 50
2 30» 2 60
2 40» 2 90
• 295
Aooon
THE CHRONICLE.
88, 189«.]
Bra—Waatsm.
THE DRY GOODS TRADE.
•
•
..
Nkw York. Friday, P. M., Aug. 27, 1836.
• 3&>a
The week usder review has developed still further activity
36 • 43
33Vt> 3iH in tbe jobbing branches of the dry goods trade, and in ttiia
37 • 33>« connection tbe volume of business was large and satisfactory.
90 «105
In the fore part of tbe week tbe demand by retailers was
75 • 80
somewhat irregular, department goods having met with more
85 V UO
53
Bteteiend Jersbjr
OMa— lUxed
«... 31
98
Spring, per boak.
8prlnicNo.2
Bad wlntar. Mo. 2
Bed winter
83
87
83
7(J
92
White
82
46
&0>«»
90
48
48
S3
50
8J
StMe, twurowed...
BtMe. ntx-rowed.
93
Berlej— K<>. 2 Owada. 75 » 80
i«
53 •• Pe«a Qmeda
07>a» 68
Ojra— West, mixed
VaM. mix. Ho. 8.
West, white
Weat-yeUuw
WhlteSoatheni..
TellowfloaUiem.
91
88 >•
8»>a
32
41<a
White
Ho. 2 mixed
Wo. 2 white...
Berler MaltCiMiada
.
.
251
attention than staple cotton goo
Is;
but later on, reduced
Western markets imparted a marked degree of
buoyancy to the latter. Special rates have been made by the
freight rates to
Tbe movwnent o( bnadttaOB to market la indicated in t» e
HiMiimmn ImIow. pi«p«rod by as (roiu ilio llt^urea of the New trunk lines of railroad for the transportation of staple
cotton
York Prodooe Rrctiange. We firatgive tlit> receipts at WeouvD
lake anii river ports, amiufoA so as to pntMoi the compara- goods to the West, on the basis of 50c. per 100 lbs. to Chicago,
tive movement for the week ending Aug. 31, 1888, and sinct- and tbe new schedule which went into force on Thursday
July 2( (or each of the last three rears:
caused a large movement in the most staple cotton fabrics
from tbe hands of both agents and jobbers. The domestio
commission houses were the recipients of a good many dupli>
cate orders for fall and winter goods, but there were compar*
atively few wholesale buyers in the market, and personal
selections were confined within narrow limits. Accounts from
nearly all distributing points in the West and Southwest are
quite encouraging, more than an average business for the
time of year being reported by jobbers in those sections.
Southern jobbers are also doing a fairly good trade, and
merchants in the near-by States are seemingly well satisfied
with the situation. The event of the week was a peremptory
auction sale of about 5,000 pieces 5-4 and 6^4 all-wool dress
goods, the msDufscture of Messrs. James Roy & Co. Ths
•ale attracted a large company of buyers, and all the goods
were sold in one hour, but Ht prices which favored the buyers.
aii,iso
10,580
Tocwk.*
u*.aM(
(.noLwr
tlO.444
iossisi
i.MaiMs
in.oTT'i
ajMjm
4M14
asjsJ
4ISMM
The reostpts of
«i4«n,4«i
31.
rt0wr,
ew Tork
Povtiaad
tia,«aa
B.ITMn
floor
ended Aug.
IM.T«8
T.oas,aM
».i7«»s
>.«s».i»i|
Mil;
•WITIS
S(*M
>7I,«S0
ias.iai
and gram at the seaboard porta
for th*
OoMBsnc Cotton Goods.— The
ItM. foUow:
Wlumi,
Oom,
from
MmrUv,
butk.
09.913 1.71)0.414
..._
ttf.;44
1S7,6.>5
2t0.'>ia
16tt,2;0
20,«72
984.715
ai.iirj
.11
44.118
s&«.o;a
«.3a
2..
V5.7M
ruiadalphla...
l>t,i:i
Mttaaarc
28.-
•0
475
>•« Otlaeai*.'.'.'
15.
.
TotAl week.
6.
I
i
20.
>
US
•
.
!<
"-
t
I
Oor. waek'85..
;
154.573
84.J«8
4.578
05,:«a
K.977
,
.in
!>
1.800
WHmL
U
J>lew.
OSri*.
13,035
8.J.4
K
8M«.
78.213
58,59 >
BMa*.
VewTorn
I5!).4e2
Boeton.
M. .New*
MonireMi
••a.
*<••
Phlladai
Baiun'rr
..
cottons were slightly sdvanced by the mil)' agents. Some
blocks of brown sheetings that have lately been held above
th>ir market value were, howt^ver, closed out at a trifling
37.872
38.9:9
45.S7S
14.5:M
Tat WTL S.9M,BW
no.354
174.778
43.526
MS,S97
6*4.179
113,421
373.777
«
,
J
J.; 80
M
2.>7
day and
••••
8a.730
I,
ll.Orl-aa
Blehm'd
Mush.
isae.
aUKk 0/ Print Cloths-
••*«>.
Ilrld by ProTlOeooe mannrrs.
Kull Klver maouraourars...
15,31
1120
47385
The rWble supply oT grain, oomprking the stocks in granaid
points of aocumolatioa at lake and seaboary
ports, and in transft by rail and water, Aug. 31, 1880
MV.
00.379
19,7o6
1,379
3l.|->0
l»,l<i7
lS.8i7
3,915.150 1.234.100
3<;9,U22
I73.i#88
31334
67;818
1.4'iO
2-J,000
3,100.30s
efl'jat
SJ8«840'<<
afloat .....
lolado
3.718Jk5a
378.806
S.026
81.000
99amiO
4.33S.ASS 1,302.731
118.000
13.000
97.160
77.611
149.700
37'.339
428.546
852.87S
29.723
12.079
12.897
904,800
«0,650
380.M7
314,476
5«.09S
58,710
1.318J84
947JiO
324ii54
78.000
307,037
1.900
58.517
198,436
206.178
107,100
7,278
9»37«
5.V.4<mS
46.344
19,5)6
45.000
12.7rf»
5.0<jO
5^7
400
T.ili
16.IOO
31,730
9,0:^2
ll'.9C9
4,050
161
7,654
afloat.
3.268.100
SL'TSSnr::::
On Mlaalailppl.
IM.
aanal
Aril.'
'Rri
877.530
1,100
1,563.181
3,068AXIO
7u5,500
10
a >n a -.'I 1.1 fill .n
<!
99.300
6^.000
21.400
i
i
i
..
'tj-j
I
ss.
44^,000
3S5,OUO
iMi.
53 i.O lO
310,0 iO
220,uOO
145,000
212.000
277,000
60,000
348,000 1,450,000 1,400.000
694,000
PniTlileaoe apeculaiora
9H,i)00
320,iK)0
OaMSda apeeaiatoei (eeg
SS.OoO
300,000
Total stoek (pteoea)
IHti.
397,<iO0
Printed calicoes continued in light and unsatisfactory demand at first hands, and ginghams were only in moderate
reqnrst, tut a fairly good business In these goods was done
;.. •'-'i.^n-^
circles.
Crinkled seersuckers continued active in
rters, and there was more inquiry for white goods
r Luuir» delivery,
Ooimrio WooLKN Goods —The market for woolen goods
has developed few new features of special Interest. Fair sized
orders fur i-pring weight clothing woolens were placed wiili
and there was a moderate call for duplicate parworsteds and
overcoatings
of heavy cassimeres,
by wholesale clothiers. Cloasings and Jersey cloths were in
demind.
Kentucky
light and irregular
je ins, doeskins and
s ttinets ruled quiet, but prices remain steady.
Flannels and
liUnkets were distriouted in fair (|uantiiie8 by agents and leading jobbers, and a moderate buslni.'S4 was done in tricots,
1
-
•
..-
cels
tidies' cloths, soft wool suitings, anl
-MSB goods.
Shawls were in irregular
(I
I
-,........, ....17
ie,9ip
20,100
700 015
ii.-i
490',343
317
270,388
562,756
Amk. 36, MI3V,7t«.2ai 10.2ee,4*OS3,e«»7,a95 1.576.578
dat-raulBotiacIiMM.
-'
11171....
354,099
all-wool
and worsted
dem ind, and upon
the
whole sluggish, but there wa-i a fair business in skirts. CsrpKts were more active in jobbing circles, and moderate sales
were reported by the mill agents at steady prices. Wool
h'wiery, heavy underwear, and fancy knit woolens cunttnu-id
to move freely on accouot of former transactions, but new
business was restricted in volume.
FOBUOK Dky Goods have been rather quiet in first hands
-H "
busiiHss. t>ii tinTH va.'^ a steady m<jvem"nt in
tions, ill execunon of former orders. The job1. n.iirH Miiiv, i!re-s guo is, siliis,
housekeeping
iiiinns, rel vets, Vi V. t«^n", »-iiu)'i)i(lirl*s, hosiery and gloves,
iV'-.^hdviiig been disiriMutfil in fH>r quantities by leading joo-.
Meu's-wear woolens, U4 lignt-weigbt worsiedH, chuviots,
t>y the
:')8, &o,, were in fair demand (for future delivery)
» iiolesale clothing trade, some pretty good orders having been
•
910,COO
,
21
Is8,5.
HS.OOO
37.U00
:
Aug. 23, Aug. 25.
agents,
7,934,280
DolBth
Oa
1>«^6.
Aug. 22,
I
hush.
aOoat..
OS
Do
BarUy
Omis,
401.789
Wk«a4,
Oorm,
htuk.
Sm«*.
3,491.119 1,8%7.797
8(4.100
1J3.000
1.900
18,U00
3,317, luO
5»«,953
Albeay
Do
Ana. 21,
••••
t the principal
Bew Tors
Do
for the three previous years were as follows
12,531
9,4l»7
rsMtUM
Do
reduction, in order to move accumulations; hut this action on
the part of the holders has nut affected the gener<il market.
Print cloths were in fair demand at last quotations, vis. 8^
for 64x64s and 3c. for 56x604, respectively. Stocks last Satur-
..
,
1,1«J
.,
.-
BiwA.
4.604
i.081
14.187
->«
va
Osli.
were 4,133
for staple cotton goods at first hands was 8tea>ly but
moderate, and a good hasiness in package and assorted lots
wasdooe by leading jobbers. The tone of the market continups
firm, and some additional mtkes of bleached and colored
lOJ
The exports from tbe sereral seaboard porta (or the week
•odiag Ang. ai, ltM6^ an shown In Um Minwksd statement:
1
24
demand
7.4.>U
•3.743
734
exports nf cotton goods
week ending August
psokages, including 1,364 to China, 791 to Brpm«n, 781 to
Brazil, 530 to Great Britain, 830 to (T. S. of Colombia, and a
number of smaller shipnif nta to other foreign market;*. The
as
..
Moamal.......
this port for the
••
I
plaoed in
thi.4
connection.
tWImportatUmi of dry goods will
be
found onpo^s 23H.
THE CHRONICLR
262
SanTicvB
JJatifes aufl
®ut
^arm
^tw^ovh.
of
MEW ENGLAND BANKERS. Hayden
BANKS.
Ciiarlks H. shki.don. ju
LoDOWICKJ.UIU., B.8.MCCANDLISS. A.W.HiLL Joshua Wii.bouk,
VlcB-Pre«'t Bkxjamin A.Jackson, William Binnby. Ju.
Cashier.
Preildent.
THB
Gate City National Bank
ATLANTA, GEORGIA.
Wilbour, Jackson &
-
«300,000 00
•
Aooounts of Banks, Merchants, Corporations and
ndbrlduHls respectfully solicited.
CoUecliuns promptly made and remitted for.
Win act as uKent f')r the Investment of Idle and
arplus funds of Banks or Individuals.
In our act ive and Krowin^ clt y money Is always In
demand. Our mtes rpaaonable. Give us a trial.
F. W. GooKiN, Asst. Cash
Geo. STUiiOKS. Pres'.
North- Western Nat'l Bank,
CHICAGO, ill,i:nois.
Capital, $200,000.
Snrplnii, $50,000.
This Bar.k holds in addition 11,000.000 U S. 4 per
cent Bond^ at par. pledired by its stockholders for
the protection ()f its customers, t^aid bonds are
pledged as above instead of bein« held by the Bank
as a part of it- letrai surplus, to avoid what we think
•
nnjnst and excesfive local taxation
8HCBUAN S. JEWKTT, ITG-. JO.SIAH jEWKTT.V.Pres
William
C.
Coknwell,
Bank of
Cashier.
BANKERS AND BROKERS,
>vevbossI':t street,
PROVIDENCE,
BUFFALO, N Y.
This bank has superior facilities for making oollectlonson all accessible points in the United States,
Canada and Kun-pe. Liberal terms extended to accounts ut bankers and merchants.
CoKiiE-POXDEXTS.— New York. National Shoe &
Leather Bank; Union Bank of London.
W. T. Blackwell,
P. A.
Pres'i.
Wiley,
Cashier.
of Durham,
The Bank
DVRHAin, N.
Special Attention to Collections.
FIRST-CLASS FACILITIES.
C,
Pay
New York Correspond, nts.—TheNatlonal Park Bank
and seventh Ward National Bank.
R. A. Qiraud.
B. p. Hill,
H.Oari>e8,
I.
ork and Bottton.
^
PHILADEEPIIIA BANKERS.
&
Narr
Gerlach,
BANKERS AND BROKERS,
No. 437
CHESTNUT STREET,
fHILADELPHIA.
Members of the Philadelphia and New York Stock
KxchaoKes.
Cable Transfers,
KxchanKe and
Bills of
Credit
KOBIBT M.
J03. M. SBOKMAKSlt.
I.etter8 of
.
J ANN IT.
M. Shoemaker & Co
BANKKR8 AND STOCK BROKERS,
SOUTH THIRD STREET,
134
No.
FIIIt'.ADEEPIIIA.
BAETimORE BANKERS.
&
Wilson, Colston
Co.,
BAI.TIIUORE.
(INVESTMENT and SOUTHERN SECURITIES a
gpecislty.)
Correspondence solicited and information fur-
A
N. Y. Correspondents— McKlin Brothers
Co.
Commercial National Bank, Robert Garrett & Sons,
BANKERS,:
HOUSTON, TEXAS.
$-.200,000
Capltnl,
No. 7 SCtJTH STREET,
our special attention and are
..--..
Collections receive
promptly remitted
J. O. Fletcher,
President,
)
t
iSAETIinORE,
*or.
STATU
UA.NK,
Incorporated 1875.
(C.T. Walker,
Cashier.
>
German National Bank,
IiITXIiE ROCK,
Capital ( -aid In) .
•
•
First National
made on
ۥ
parts of the United States.
all
MliKCHANTS' WaJIU^AL JiAiNK,
RICHinOND, VIRGINIA.
Collections
made on
terms prompt returns.
;
John
F.
all
JOHN
Glbnx,
«'ash.
THOMAS
Lamprecht
P
No.
]SRAi\CH
CLEVELAND, OHIO.
of Clevolant*. Ohio.
N.
W.
CO.,
DDMnQ
BANKERS AND COMaiidSION MERCUANTS, DUINUO
Brewster,
Cobb
&
No. 35
K8TABH8HKD
BOSTON.
IHEMBERB OP THE NEW ITORK AND
BOSrON STOCK EXCHANGES.
ALSO,
Dealers In IHnntcipal, State, Railroad
and United States Bonds.
Samuel G. Studley,
COMMISSION STOCK BROKEB,
No. 4 ExcbauKe Place, ROOM No. 4,
BOSTON, MASS.
MUMBWB or BOSTON STOCK BXCBANOB.
.
.
.
-
.
COI.OUADO.
6% EQUITABLE 7%
Mortgage Co.
WESTERN FARM MORTGAGES.
PRINCIPAL AND INTKKKST GUARANTEED
Capital Liability, $600,000; Cash paid up, $300,000,
To Rive some Idea of the size of loans, margin required and where located, we append a lew of those
oCered:
Amount Security. County.
No.
State.
$2riO 00
$1,400 00 Brown,
Kansas.
B. 3.407
l.tfOO 00 Jefferson,
OOo 00
B. S.-179
Nebraska.
4.200 00 Tama,
1,000 00
Iowa.
B. 3,53t
14.000 00 Lawrence. Missouri,
4,000 t)0
B. 3,546
B. i*,4tiS 20,000 00 72,000 00 Nuclioila, NebraskaThere are statistics showing that during the last
twenty-five years in an investment of over :f2t0.000,000 not a dollar of principal or intere-t hus been lostThis record is without a parallel in the field of investment.^.
believe that a thorough investigation of the method and care which we observe In
taking these securities will sh'Wthat our business
has reached a system as perfect and well defined as
that of fire or life insurance.
We
WHY OUR I-OANS HAVE PROVEB
SO SATISFACTORY.
We invariably inspect the security before making a loan.
rarely
loan over one-third, and never ex2d. We
ceed 40 per cent of its present cash value.
Sd. We loan only on first mortgages.
4th. We accept none but perfect titles.
&th. We loan only to goi'd borrowers,
etli. We keep all insurance policies in force.
7th. We see that all taxes are kept paid.
REASONS
Our loans are made upon well-improved and
productive farms in the most prosperuua portion of the United States, where values are
constaniiy increasing.
l.ians net inv. stors 6 per cert interest,
payable semi-annually without charge or expense to them.
10th. A 1 money forwarded to us for investment
begins to dmw interest upon the date of Ita
receipt at any of our offices.
11th. Interest coupons are c shed at maturity by the
Firsi National Bank of N«;w York or upon pre"
sentation at any one of our otBces.
12th. We guarantee the prompt payment of all in9th.
Our
terest at maturity.
13th.
WeguaranLee the payment
of principal within
two years from maturity.
NOT IN VEST UNTIL YOU
HAVE INVBSTIQATEOOUK Fa KM MOKTGAGKri.
SENIJ FOR OUR PAMPHLET GIVING FUIX
DO
F.
Keleher
OLIVK STREET.
Dealem In Y¥estern
&
Co.,
LOUIS,
Securities.
ST.
&
CliBVELAND, OHIO.
SPECIALTIES:
TOWN. CODNTY AND CITV BONDS,
].,AKK SUPERIOR IKON MINING STOCKS,
stiip;kt KAII.KOAI)
SKCURITIKS
InveMtiiicnr Company, of Bmmetsburg, Iowa, incorporateu with a paid-up capital
of S3UU,U(iO, with branches at linron <tnd .^Htctieilr
Dakota, offer first Mortgage Farni Loans in Iowa,
Minn.. Dakota, and Neb., both l*riucip;il and luier*
est l-unrant<rod. Also 6 per ceutlJbOenture Bonds
obligatiiins of the Company), running lo years, secured by Mortgage loans deposited with theMcruaniileTruNt Co., N. \. It also issues Demand
Certificates of Deposit at 5 per cent interest. Write
for pamphlet and references
iloiiic Ollice, Eiiiiiictflburff, lovvn.
E. 8. Orinaby, Pres.. ISO Nawau «l„ N.
Y
the ^vesteun
Farm Mortgage
Co,^
Offers to Investors the best securities In the
FIRST
market
MOUTUAGe LOANS UPON IMPKOVED
FARMS,
Interest and principal paid on day of maturity in New York. Kuiids promptly placed. Large
experience. No losses. Send for circular, references
and sample forms. F. M. PKHKlNh, President; J. T.
WARNK, Vlce-Prest.: L. H. PKRKJNt, Secretary
CHAS. W. GILLKTT. Treas.j N. K. HAKT. Auditor
Farm Mortgages
In
Sums
of $100 and
Upwards on In-
diana and Ohio Lauds.
NOTHING SAFER. ALWaYj* PKoMPTIiT FAII>
SEND FOR PAMPHLET.
JOS. A. iraoouE,
84 East market St.* IndlauapoItSf Ind
18SG.
Eugreiie K. Colei,
STATIONER ANB PRINTEK.
Supplies Banks. Bunkers, Stock Brokers and (.'orporatlons with complete outfits ot Account Books and
S tatio nery
nr* New concerns organliUiff will haTB their orders
promptly executed.
No. 1
8%
7%
'0
The American
Co.,
INVESTMENT BANKERS,
BSTABUSHBD
6
H. U. Fitch. Mau'ger.
Kansas City, Mo.,
John C. AVt:ry,Ueu.Mau.
liAWRENCE, KANSAS,
Oafanited Bonda ot MlsaonrU Kansas and Illinois •
Specialty. Oood Inreatment •^eonrttles. parlnefroiii
four to etaht per o->nr '^r ptOt*
AND
Chas. N. Fowler, V. P.
112 S. 4ch St.,
C. B. Wilkinson, Man'ger.
Philn...
1871.
Estabrook, Chas. H. Potter
BANKERS.
CONQR£SS STREET,
DENVER,
CHICAGO.
hi(,'h grade a
specially. Seudl'or UeHCi'iptive i.,Hia.
306
HEW ENGLAND BANKERS.
St.,
Co.,
of Counties, Cities. *c., of
RICHmOND, VIRGINIA.
P.
&
Harris
113-117 Mouroe
&
Clrenlars and information on fundtnjrthe debts of
Vii^nia and Xorih Carolina free of cost; one-eiKhth
per cent charKCd f^r fiitidlnpr. iiJouthern Railroad
and State andi'ity Bon-is b-nijilit and utild.
Co.,
Transact a peneral banliing businesa, and DKAl.
IN TOWN. COUNTY AND CITY bOM>t5. Lists
and prices fi'.rnished on application. Write us if you
wish to buy or sell, liefer, by permission, to Society
for Saviivs. S>vvinK8 & Trust Co. and National Banks
Southern points on best
P. BRANCH, President.
Fkki). IC Scott. Vice- Pres't
&
Bros.
£iNKE RS,
SUPERIOR STREET,
13''
Bank,
AVILIHINGTON, N.
Collection 9
WESTERN BtNKERS.
$200,000
-
Dickinson,
INFORMATION.
TRANSACT A GENERAL DOMESTIC AND
OFFICES:
KOREIGN BANKING BUSINESS.
New York, 208 R'way, Boston. 23 Court Bt»
ARKANSAS.
Prompt attention piven to all business in our line.
N. Y. CoilUBSPONDEXTS.— importers' & Traders'
National Ba nk and NHtional B ank o f the Rep ublic.
aTk. Walkeu, Cashier.
K. a. BUHUUSS, Pres't.
&
We have on band and for sale first-class County
and School Bonds and other choice securities. We
especially recommend to conservative investors oar
RiiALKSTATELOAN^on Improved City and Kaim
Properties. These have been made by us after rldld
tnvestiKatton of title and values, and can be tran8>
ferredatonce. Correspondence solicited. Ulglieat
references East and West.
of buliiuiore Stock Exchange),
n'shed.
"^oxtQviQts.
INVK8TMKNT BANKERS.
^th.
KAXKEKS AND BROKERS,
(Members
XUn
1st.
Cashier.
Vlce-Pres't.
President.
New
Private Teleiz raph Wire to
jos.
$300,000
R.
Dealers In Commercial Paper. GoTernment and
other arst-clasa Uoudd and Securities and Foreign
Buffalo,
CAPITAI.,
Co.,
No. Si
Detignated Depotitory of Uie United Blata.
Capital and Surplus,
(Vol.
WILLIAM STREET,
(UAMOTBR BQUAREJ
NORTH-
WESTERN
GUARANTY
LOAN
CO.,
Keal Estate Mortgages on City
and Farm Property, worth two
to lour times iimuunTs of mortgages, inifrehl <i percent to
f per ctrnl, principal and interguaranteed. »eguaranty held by the
est absoiuiely
curitii'S for
Amuricun Loan &
'l
rust
MINNEAPOLIS.
pany, of Boston, Mass.
Paid-up Ciiptial,
S200,00(».
NEIIEK
Authorized Cjipita!
4^,000.000.
Com-
Send for circulars to
4&
CARPENTER,
Uauliers, Troy, N. Y,
Eastern Managers for Company.
ABOtrar
THE CHRONICLE.
2^. 1886. J
Vll
^usnrcucc.
lusnrance.
The United
States Life
IN
(OBOANIZKO IN IMOJ
861, 262
New
263 Broadway,
ft
BROBNAN,
T. EL
York.
&
COTTON SAILDUCK
And all
OAMTAS. FSLTINO DUriT, OAB
COVKRItCO, BAOOINO. RA VKN8 DUCK. SAII,
TWINB8, *C.. "ONTARIO" RRAMLK88
BAQ8, "AWNINQ STRIPBa
the pruflu belons to the Polier-boldan axels-
•iTaly.
ITEW YORK, JUIUUT
23. I8B6.
eoDtormttj %a UM Charter o:
<k«0>apaDr.*">"'ilt ttix faUowtag SUrtasMat
of It! aOkln oc ilie 31*t D aefber, 188A:
TbeTnutrea,
In
Prcmlimiaoa Marina RUka (ram
lat Janoarr, 188S, ta Slat
tS.SSa.tlS tM
Daeaaber, I88A
Pi al l iu on PoMclaa pot mar>e<l
1.8S9.SSS 10
•a lat JuiurT.1985
m
99,196,143 76
Total Uartoe Pifimlnma
AU PoUdaa laraad br thU Companj an urDiapCT-
VNITEO RTATEa BrNTlNO
AU
.
race allowed la the pajrment of
Piemleaa oe Tontine Pollelaa, aad lea dajri' araee
oa aO othan, the Inaaraaee aaiahiliii bi fan foree
i
dnrtoff the grace.
Abaolnie aacBrltr,
alitr,
ooBbtaad with tbe lanaat
liber,
aaaaraa tha papnlarttr and aaoaaaa of this oom-
A fall anpplr.
all
No,
OOOD AOKNT8.d«*lrliic to laniainr tha Com.
PUT. araliiTli«du>addraaJ.8.0ArrN«r. Sapar>
ofl (ion la*
Jaaoarr, ISM, lo Slat Deeea-
ber,
IM
•3.770,094 80
paid darlnc
tbe
aaoM
91,915.020 67
Pramloaa aad Kx-
of
9779,713 43
TiM CX>mpaDr baa tbe foDowlnc
Calta4 9utaa and Slate of We*
Talk atoek. Cltr, Bank aad
EQUITABLE
LIFE
SOCIETY,
tVARREN, JONES
ealTable
la
lat,
S>8,9»7 98
Valaatlaa..
Kjmi.ltsn
m
MB
Maw AaarBAifca la
oi-TaTABUuia aaacraAKO
TotaleaM PolleT-HoMeniB ina
Ms,oii,a7Boa
,
..SMeB.«Moo
U
i^teamsltips.
giX PER CENT I.VTKaB8T OB tba eotataad
la« aarU Bea t aa of pni9ta will ba paid lo tba
bal4«alh*faef, or their tacal rapraaaatatlTaa,
oo aad after Tueaday, Ibe td of l^bnurr aazt.
THB OUTrrAMOIKO CKKTIPICATEB
of
miiwn
A
DtVlDIOID OP PORTT PKB CDIT te
daelared ea tba aet earaed piaadaaa tt tbe
Compaa;,
for tbe jaar aadla« Slat Oeeealber,
188S, for which eemaaatea will ba taaad oa
and aflar Taeadagr, tba 41fe o(
aast.
By order of iba Beard,
Mv
Direct Line to
eSMERAL TRANSATLANTIC CO.
BVW YORK and HAVRB.
atwaaa
Proa Pier (aev« tt, Rofth
Kirar, foot of Mortoa 81.
TraTalarabi thlaHaeaTold bothtraiult b7 KnclUk
rallvar aad the dlaeoaforu of eroaalaa tha Chanoal
la a •mall boat.
I.A HKKTAU.NBlnaw). Da JolUKlln. Adc.Sm. 4 A.M.
t.A BOUIWKMiNk. i'>BnK<>al...(lat.. ^•p>. 4. luA.M.
(tet. capt. 11.4 A.
I'llAMPAUNILTrwib
La NarmaadM, Holardar. ilapt. 10, La Buurvnana
(Bxri. !<atan]jir. On. »s Im caaain a i ne (Daw). 8aU
>uruAudia.
la;
Mor.
90,
La
ardar. <>ct.
LA
M
tloOaDdWOi
W
Bobart B. Mlatani,
Charlaa B. Hanhall,
I'^edariek B. Coealtt,
Wm. BturitU.
John
B. H. Moorti,
JaaaaaLow,
A. A. Ravea,
BaiOamIn B.
Field,
and
Joaiab O. L/>w,
tVoin ta'vro to Parle,
Truiaalluitlqna dall? en
York iiivcia^ train tiekeu trnm
Uane to Parta. Baaxaiia cheeked Ibroacb to Para
withoat aaamlnatlon at iUTra, prondad paaaeovon
have the lama dellTered ai the Oompaor'a doak la
Maw TocfeTnar North Kirer. foot of Morton Bt.
al leaat two hooi* before the dapartara of a ateamer.
lOaCToot,
lOnr,
WanamB. Dod**,
Wauaa a. Maer.
CXA.Baad,
John O. Bewlctt,
WUUam
B. Webb.
CbarlaaP. Bordett,
Edamad W.
Acaat,
No. 3 Howllnc Ureen.
B. Daaton Bmlth,
OaorxaBUae.
Baorr E. Bawlcr.
WUllam !>. ttexaa,
B^
iMue
Edward Ployd-Joaea,
Anaoa W. Bard,
Tbotaaa u-m-.^^
^c.
tor Mxvnrl IVoJc.
W.
Porter,
Law
I'blladelphlat Pa.
Corporation. Trmnaportatlon af*d Cnmmerrlal
Law.
BaraRBXCia:— TbeTroatConipealea. TbeNnUona
Benkeand Kallroad Ciimp&nlee In Philadelphia, and
IbeJodaeenf any of the Carta.
WELDED CHROME STEEL AND IRON
In
Boand and KUt Ban. anil &
FOR
ply Plates
and ADctM
SAFEa. VAULTS, Ao.
Cannot b« Sawed. Tat or
F>niled.
BurRlHr PriK>f.
and prmetloallT
CIIROME STEEL WORKS,
nnmlara Free
BROOKLYN,
N. Y.
Cf^DttOtte
B. F.
Crenshaw
71
WALL
&
HT.,
COSmiSHIO.V'
BABCOCK&CO.
OOMMI&SION MERCHANTS,
IT Water Street, LIVERPOOL,
BeoalTa eonelirnmeata of Cotton and other Prodaae,
and aieenta ordere at the Rzcbanaee In LlrerpooL
llapraeainad la New Yurk at tba uBoa of
BAM'L D. BABCOCK
8S Naaaao Btraat, New Tork.
63
Wisner,
NBnr YORK,
COTTO.N BROKERS,
BBAVKH nTRBKT, NBW YORK.
Geo. Copeland
Meaibara of tbe Cotton, Com^eand Produce Bzch'a
&
Co.,
OOTTOH BROKEB8,
iHERCUA.VTS,
134
PKARL NTKRRT, NKW YORK
Aouirv or
TH£ BAXALL CliENSHAW
CO.,
F.
Hoffmann,
KK'IIMONO. TA.
CXnrON BROKER AND AGENT
Kluur for Bhlpmeot lo Warm
gtaadard Branda
CIliDAtea alwayaonhaod.
OBIENT »LANO MANDFACT'e C0„ 38 ni)R DR LA BOITRaB. HAYRK.
ORIENT, L. I.
FELLOWES, JOHNSON &, TILE8T0N,
glandard Boperphoaphataa.
COTTO.N, STOtiKS, RONDS, &c.,
8ULPBUR MINES COMPANY
<it
OnrUea.
W. B. a. MOOBB. ad
BAVBB, Sd
William
Foraat,
L. Rlknr.
Aa.
Walter & Fatman,
piisjcclUutons.
Elliott,
JOBM D. JOiraa, Piaddaat.
CBABLSa OKIIXU, TIee-Praaldent.
A. A.
a
DB KKRIAN,
I.OI)»
Charlaa D. LeTerteh,
iB Ooddumtoa, John
Skmlitit*.
Atlorncy an«] Counncllor al
Bo. 023 WALNUT STREET,
New
WUllaa Brroe,
Jamae O. De
nnlU.
•tearnianilli. He-
Tbe Ooatpwnla Oancrmle
Adolpb LaewToa.
PRIRTB. ORKIMS. TICKS, DUCKS.
rawolB,QBllla,Wbltattoo«a& Hoaler
iTarrradaeadrmtaa. Cbachsrio Hanoaa
aa. Barra and i^dikla aaannu to iBll.
paetal Trala
Tai<'9TBB9i
HLKATHBD RHIRTINS*
AND NIIKKTINfiR,
A
~PaicB ur PAaaAoaiiooiamaawiaen-ToHaTreMooai aoMa, taoi
Blttaofloaln
D. Jonea.
Ckarlm Denala,
York, BoBtoR, Philadelphia,
riai.l.INO AURNT8 FOR LKADINU BRANDS
France.
ladlac wine, baddlac
J.
Co.,
»w
SECURE BANK VAULTS.
ON LT
H. CHAPHAlf, 9acrctar7.
J.
Fabyan &
nliss,
1,
PaMliVillcr-UoldantlaoaOiBuUatlea mxiunaas
ID la«.
mw).nnt
lacuMB
913.740,3:9 49
tba laaoa tt 1891 wlU be radaeMad aad paid to
tba balden thereof, ar tkair le«al
ttraa. as aad altar Taaadar. tba 9d o( FMnarr
eext. fltao which dale ell lalanat tbanoa wUi
aaaaa. Tbe eartiacatea te ba pvodaead at tba
ttiae of payaieat aad eanoeled.
IRON COTTON TIES.
«w..aiw»' a>
188S
latereet. 91 7, 4U6. 339,40.1
Mr Ua^uuin.rm >T«r»«»wrlard at *a/MeUae UUI c/ an* otKtr lA/t Amm m Oomf
1,309,143 S?
Jota BaBsla«
IMFORTMBB or
HROWN
Prealdent.
BDRPLUB
iia.*«tja»ii
(Bwrriaaon N. Y. standard 4 >« per east
930,000 00
Bank.
Amooat
HYDE,
B.
ABBBT*. JantabT
1,439,90
Caah
BROADWAY. NEW YORK.
HEKKY
Baal Eauia and Clalaia due tba
Oonpaar. eattnuurd at
rraailam Moiaa aad BlUa Bo-
atoek
& GRATZ
8T, LOUIS, Mo.
Manafactarare' Aaeou for tba eala uf
AS$>L'RA.>'CE
120
UABlUTIiai.4ptf oaat
99.(>t 1.99a
CO.
la
Dtandaot of Ajranctaa. at Uoeie Oflce.
<aaeta, tIl:
aaeand by Stocka and
Wldtha and Colore, alware
lOtt Dnane atreet.
BAGGING.
paer-
PranlmM marked
«
Alio, AcaDta
ABLB after three raan.
Daalh Clainu paid wrraoOT PiaouonT aa aooo
ea aa l laTa<a<iTy proofa hara been i eaal i ail
Thia OoaiaeoT Imam all (oiaa of InaaraDea, InaladlBaTaaUBe aad Limited (M<ia-rorfaltli«) Too-
klnda of
OOTTON
Oao. R. BiTBroBD. AotnuT.
An
Co.,
Manntactorera and Oaalare la
Praaldanu
a P. PBAI-aiGB, 8«o-7. A. Wbkslwbiobt. Ami Bed.
Mutual Insurance Co.,
Brinckerhoft, Turner
Insurance Co.
TBB CITT OP NEW YORK.
OFFICB OF THE
ATLANTIC
l3tXlsccUaxicous.
VIea-Pieat.
OF VIKIilNIA.
Tloa-
BUh
Grade P/niea free troa Aneola.
as WILLIAM 81RBKT, NBW TOIIK.
Orden In " Pntaraa" aaaoataa U H. Y. Ootton Each
THE CHRONICLE
iii
Post Building, 16 & 18 Exchange Place,
INM AN, SW ANN & Co
W.
1*
NEW YORK.
LOANS MADB ON ACCEPTABLE 8BCDBITIB8.
COTTON MERCHANTS,
Bpbcial Attention to Orders fob Contbacts
FOB FUTCUK DEUTBKT OF COTTON.
New
cotton, all grades, suitable to wants
op spinners
Offereb on Terms to Suit.
Co.,
YORK,
COTTON EXCIIANGK, NEW
MOKFOLK, VA.
Interest upon balances.
Special attention paid to
Orders executed in
New
York, Chicago and Liv-
and
Farrar & Jones,
PEARL STRBET, NE^V YORK.
KURE, PAKRAR
NORFOLK, VA.
ORLEANS,
Reid
Price,
AGENT FOR
erpool.
INVK3TMENT8
COUNTKY BANKBllS.
Liberal advances made an Cotton consltinmentfl.
Special attention ){lven to orders for contracts for
future delivery of Cotton.
&. CO.,
and
NEW YORK, NEW
Hatch.
NASSAU STREET, NEW YORK.
^»ith
York.
G. E. Staenglen,
COTTON, GR4IN, l'KOVl"*IONS,
!9CockH and Petroleum.
it.
T. Hatch & Sons,
BANKERS,
accounts ol
COMMISSION MERCHANTS,
P. Hatch.
Arthur
Personal attention (tlven at the KXCHAN'JKSto
the purchime and sale ol STOCKS and BONDS for
cash or on mitrfrln.
DEPOSITS KKCBTVED—subject to check at sight
132
&
Henry
Waller T. Hatch.
Nath'l W. T. Hutch.
Stillman,
MERCHANTS,
Rountree
28, 1888.
©ottoti.
Cottati*
Woodward &
lAuauBT
&
Co.,
& Commission Merchants
NORFOLK, VA.
Cotton Brokers
C.
J.
&
Graham
& 51
NEW YORK.
19 Sontb 'William
St.
COTTON COMPANY OF STUTTGART.
Co.,
Stone
New
&
ITork.
Co.,
NEW
RVILDING,
New York
&
COTTON
COFFEE
NEW YORK COFFEE EXCHANGE,
and
NEW YOKK PRODUCE EXCIUNOE
and
tthe NEW YOKK, LIVERPOOL AND NEW ORLEANS COTTON EXCHANGES. Also orders for
ORAIN AND PROVISIONS
the
CHICAGO BOARD OF TRADE.
COKUESPONDENTS
Messrs. Smith, Edwards
lilverpool.
Jas. Lea
LIVERPOOL, HAYRE AND
NEW ORLEANS.
&
Co.,
Cotton Brokers,
New
New York.
Orleans, La.
BxEcnnoN
OP ORDERS FOB FUTURE OOMTRACT8,
Special Attention Givkn to the
Gwathmey &
Bloss,
New Orleans,
oomniissiON kierchants,
No. 40 EXCHANGE PLACE,
MEliBBRH OF THE COTTON, COFFEE AND
PBODXrCE EXOHANCEB.
New
201
NEW YORK.
Church Street,
York.
Orders executed at the Cotton Eichanges In New
York and Liverpool, and advances made on Cotton
snd other produce conaif^ned to us. or to our corres
Kndents In Liverpool: Messrs. I.. Hosenbeim A
ns and A. Stern A Co.: In London, Messrs B
NewgasB A Co.
New York and
visions In
New
PEARL
ST.,
Special attention given to the purchase and
sale of
FUTURE CONTRACTS
IB New York and Liverpool.
2,ftl6.04a
84
tM4,473 63
714,t.i.
STEPHEN CRO^VELL,
42
&
P.
Assistant Secretary.
Local Dep't.
BURKE. Sec'y
^ETNA
Co.,
Company
Insurance
COTTOIV.
President.
WM. R. CROWKLL. Vice-President.
PHILANDKR 8UAW. Secretary.
NEW YORK.
OF HARTFORD.
Advances made on ConBifrnments of Cotton. Conand sold
tracts for Future Delivery of Cotton bought
on cummlssion.
John
L.
Henry
Bullard.
Bullard
&
for anpaid losses
re-insuranoe fund
Llabilitias
H. Whselkb.
Wheeler,
YORK.
BAGGING AND IRON
TIES,
Advances made onTotton CODSlKnments and Special
ti> purchase and sale of FUTUKK
JOHN H CEISRY
&.
CO.,
Assets Jan. 1, 1 8 8«
JAM. A.
99,260,096 6S
St.,
New
ALEXANDER,
Yorlr
Asent.
Commercial- Union
Assurance
COrrON BUYERS,
Co.,
limited,
of london.
raONTGOmERY, ALA.
ORLT ON OBDIBg rOB A COHllUaiOIl
2,057,776 24
3,202,320 41
and
Netsurplus
No. 3 Cortlandt
Attention given
PiTBOBLABI
$4,000,000 00
Capital
CONTKACTS OK COTTON.
Cotton Exchange Bnlldlne, NewYork.
Reserve for unearned premtams
Reserve for unpaid losses
Netsurplus
FRANCIS
(FOK BALING COTTON).
Cotton Commission Merchants,
195 Broadway, New York City
Company 1st Day of Jan., 1886,
|l,(KHt.Onn 0«
CASH CAPITAL
statement of
GEO. H. KISKE,
Henry M. Taber
141
In
ALSO
,
Nenr York.
i^—^^
Phenix Insurance Co.
OF BROOKLYN,
York.
NEW
Co
—^^^——^——
inauhattau Building,
Liverpool; also for Grain and Pro
COTTON COMMISSION MERCHANTS
Robert Tannahili &
40 and 42 Wall Street,
(4,910,483 36
Orders for future delivery of Cotton'execated
LEHMAN BRO'S,
Cotton Factors
AND
Up-town Office, No.
ST.,
Co.
Mont^fomery, Ala.
La.
PEARL
Bethlehem Iron Comp'y
Office,
COMMISSION MERCHANTS
No. 123
Lehman, dukr 4
Co.,
WAl.I>RON A TAINTER,
186 Gravler Street,
Cotton Exch. Building,
McLean. NeT Orleans.
Lehman, Stern A
Orders for Spot CottOD and Futures promptlr
executed.
COTTON MERCHANTS,
COTTON EXCHANGE RUILDING.
Mohr, Hanemann& Co.,
Co.,
8 South AVtlllam St., New York.
aaCBCUTB ORDEKS FOIl FUTURE DELIVERY
Stthe
CHICAGO, ST. LOUIS,
SPECIAL ATTENTION TO COTTON fUTUKKS
COMMISSION MERCHANTS,
the
NE1V YORK.
PETROL,EIJM, STOCKS,
COTTON, GRAIN,
Dennis Perkins
Co.,
PROVISIONS, COFFEE.
COTTON BROKERS,
125 Pearl ^treet, New Tork.
ORDERS EXECUTED IN
City.
Henry Hentz
t
Co.,
Cotton Exchange Bnilding,
NEW YORK.
NEW YORK,
YORK.
Bold for Cash, or carried on Margin, on the various
in
&
WaRB & SCHROBDKR.
COTTON COMMISSION MERCHANTS,
Bncoessors to
&
r Cotton, Cottee, Grain and Fetrolenm Bongtat and
Kzohanges
Co.,
W^ILLIAin STREET,
1
COMMISSION MERCHANTS,
COTTON EXCHANGE
&
Williams, Black
solicited.
Schroeder
G.
BUYERS FOR AMERICAN MILLS.
R. Macready
CorrespoDOepce
Pald-Up Capital, R, M, 6,000,000.
COTTOIV.
Selma, Montgoiucry and
Liberal advances made on Cotton consignments.
Special attention given to the sale of cotton to arrive or in transit for b- th foreign or domestic markets.
Autborized Capital, R. U. 20,000,000,
St.,
Offlee,
Cor. Pine
A WiUiam 8t*., New
Torh.
@FedFRASER