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HUNT'S
MERCHANTS’
% 3$jcjcfelg
REPRESENTING
THE
MAGAZINE,
gninsjuipn,
INDUSTRIAL AND COMMERCIAL INTERESTS OF THE
VOL. 45.
SATURDAY, AUGUST 6, 1887.
5E*lxe Chronicle.
Terms of
Subscription—Payable in Advauce
:
New York
$10 20
6 10
11 28
,
European Subscription (including postage)
Annual subscription in London (including
postage)
WILLI A'*! H. DANA 6c Co.,
Publishers,
102 William Street, NEW YORK.
Post Office box 958.
DANA
JOHN G. FLOYD.
Hartford
New Haven...
Portland
Worcester
Springfield
HOUSE
RETURNS.
1887.
$
New York
Sales of—
(Stocks
Cotton
551,871,502
shares.)
holes.)
(1,430,537)
(633,3<»o)
bushels.)
Crain
Petroleum
(46,549,275)
(30,510,0010
bbts.)
Boston
Providence
Hartford
New Haven
Portland
Worcester
72.156.047
4,3• 2.200
1,5 86.470
1,3' >6.3 4)
Springfield
Lowell
Total New England...
1886.
P. Cent.
Evd'y July 23.
1887.
$
|P.
Cent.
$
469,117,589
(1,043.834)
(379,400)
(41,048,000)
(31,574,000)
+ 12*8
533,358,776
+2*0
(+37*0)
(+66 9)
(748.108)
(463,700)
( + 13*4)
(29,075,000)
(18,580,000)
(-32*4)
(+2.0*0)
(-3*41
70,966,«72
8,611,300
+ 1*7
+ 14*7
+ 10*6
Chicago
241,874, 217!
42,746, 250!
17.347, 542!
16,626, oSo!
7.532. 353!
13,19-, 742!
Cleveland
Columbus
Peoria
Omaha
8.385, 517;
4,573, 6581
12,251 494 i
15,706 ,7341
9,232 ,942!
19,561 ,718;
2,403 855
3,225 ,626
Minneapolis...
Denver
St. Paul
Grand Rapids.
Wichita
Tot. West...
Memphis
Galveston
Norfolk
-21
77,000.860’
+ 2*0
+7*8
+ 120
+9*7
1*7
938.301
+ * ‘7
+48*4
+ 18*7
1,085,584
1,042,283
547,714
+ 20'7
+3*5
+ 130
82.043,493
80,083,145
+ 3*2
87,12 7,705
-0*9
'
2,937,988,977; 2,664,311,753 +10-3
+27-51
+1*0
—2-8:
15,152, 442
H4-5
268,437,509
898,060,117
+8-4'
1,061,239 736
3:35.565, 200
128.661 191!
106.528, 3761
15,872, 63v- -r4"8
5,729 ,702 +3P5!
10,976 ,231 + 20-2
7.314 ,089 +14-6;
3,137 665 +45-8
8,851 7641+384
13,126 096; 4-19-6
51,7*4, 484
93,265 0031
62,002 126
31.600 646
82.714
06,161
66.642
116.781
7.525 .903! +22-7
13.207 877 +48 1
376|
954!
697!
630!
15.02y 307
1,660 .9941+29 2
1,637 ,412 +97 0
1.610.024,311 +15-4
225,421,144 4-28*0
348,522,138 +14*2
1,418.250,933 417-1
281.911,650 +17-8
101,313.073 +23*5
02.053,751
35,885,51 s
*
68.485.924
50,521,991
2O.0H.O17
46.992.789
.79.126.651
47,697.345
76,285.226
3,629.078; -f-45 7i
4-17-9
+ 44*2
4-36-2
+22 9
+51*1
4-76*0
<-21*1
+39*7
4-53*1
11,66 <,897 +28-8
10,113,415 +210*
34,433 ,663
+22 9
4-12 9
40,971,137
236,778,(N6
1011,793.722
234,046.925
5.1,632,105
29.281.062
19,846,134
25,377.720 +61*4
218.907.562 4-8*1
152,842,2491 +7-7j 1,292,419,590
1,088,923,402 +18*7
21,938,600' f-02'51
16,881,943 -t-52111
22.605.6-8 +-46 8:
4.63’\361; —4'5i
4.604,283! —35 O'
2.134,356 8 6-41
2,299,0. <9
75,510.807
+23*8
24,136,310 +251
15,150,269 +13-8
17,247,490
223,084, 061
43,961, 450
5,268,767i
22,536,634
23,435,108
33.187.245
4,427,655'
2,994,203!
168,306.270
715,005
27,633,162
30,204,370
414,664,158; 371,443,347 +11-6 2,881,603,489 2,347,546,350
74,227,009!
74,330,918' -0-2
514,869,715
455,953,301
St. Louis
St. Joseph
New Orleans..
Louisville
Kansas City...
Total all
127,240.100 +8-8
52,434.521 +3*1
33,942,172 +10*8
26,220.179 +4-8
25,073.439 +10-2
54.047.464
37.597.2SH
27,481.474
4.073,515 + 10*o
2,365,043 +60
+5 9
2,360.114.763 +10*4
372,691,495; 340,230,400 +9 5' 2,555,480,850 2,192.968,193 +10*5
Tot. South...
831,803
650,399
440,530
138,389,300
+90! 1,86.8,983,224
San Francisco.
865,072
845,009
905,386
5*2,789
+
2.605.385.420
—21
(—30-3)
(-05*4)
4,023,900
2,041,350
1,351,700
1,362,0*0'
1,264,090
353.337.927 -2-9
19,980.600 + 0*7
9,259,577 +7-6
6,180,668 +0-4
4,040,035 +10-4
4,114,016 +1*0
403,371,581
Indianapolis...
Week
+4-8 19,656,656,900 18,567,618,094
253,477,423
33,513.491
53, *439,486
Tot.Middle..
P.Ct.
$
276,213,978
42,715,938
53,761,579
increase of 13*2
Week Ending July 30.
1886.
394,958,757
Cincinnati
Milwaukee
Detroit
Cincinnati and Galveston alone
show any loss from a year ago, while at some other
points
large percentages of increase are reported, Wichita leading
this week with 136*3 per cent, followed by Omaha 73*9 and
Peoria 72*2 per cent.
1887.
Eng.
clearings for the week under review is a
fairly favorable one, and in comparison with the correspond¬
ing period of 1886 the aggregate for all the cities records an
per cent.
P.Ct.
Philadelphia..
Baltimore
The exhibit of
*
2,541,399
Pittsburg
CLEAFING
1886.
$
4.480,605
....
Lowell
Tot. N.
1887.
343,010.378!
20.115,600
9.065.042!
6,203,550
4,459,916
4,181,1121
Providence...
£2 7s.
Six Mos.
do
do
do
£1 8s.
These prices include the Investors’
Supplement, of 120 pages
issued once in two months,.and furnished without extra
charge to
subscribers of the Chronicle.
Seven months.
2,595,255,818 2,476,040,405
Boston
STATES.
NO. 1,154.
July.
For One Year (including postage)
For Six Months
do.
WILLIAM B.
UNITED
j
!
51,566,324i 4-42*9!
4,023.057,356 3,708,404,306
+5*0
453,102,844
134,548.361 +19*5
154.2D7.617 -J-51*8
4 4.362,300
j 0-25*4
35,166,368' -n -4
20,008,133 —0 8
335.570,221'+35*0
29,780,17l,05Oj27,196,038,913
+9*5
Y.11,428,701,540 1,322,453,0011 4-8*0 10,123,515,756; 8,629.319.919 +17*3
compilation covering operations on the various New
outside N.
Our
\ ork exchanges now embraces
seven
months of 1887 and 188(5:
.
Philadelphia
*
Baltimore
Total Middle
Chicago
Cincinnati
Milwaukee
Detroit
..
..
01,825,914
-4-8*6
4-40*0
In 230 002
+ 14*0
12i045,014
+30*2
+ 9*8
77,741,645
67,858,016
+14*6
84,701,020
+ 11*0
49,377.107
6,712.750
45,100,894
+9*5
56,324,292
8,073,025
3,404.252
3,0 J 9.204
1,278,149
2,304,079
1,495,185
+10*7
+9*3
+ 19*9
+25*3
+200
+72*2
+24*0
+2 <6
1,597,o70
2,476,926
1,740,055
2,938,880
358,328
305,203
+ 73*9
2,778.254
2! 8'>3.4 54
Minneapolis
Denver
St. Paul
Grand Rapids
Wichita.
Duluth*
2.100,000
4.564.307
501,866
721,20
1,345,1 Oil
*55,275
Topeka*
Total Western
St. Louis.
St. Joseph
New Orleans
.
Louisville
Kansas City
Memphis
Galveston
Norfolk
Total Southern
9.272.450
-0*0
....
Outside New York..
.
9,549.000
3,938,308
3,870,070
1,746.734
3,2)19,068
1,858,889
1,170,952
2,619,094
+ 15*0
+200
3,321,461
1,970,919
4,391,939
554,002
+55*3
+40* 1
+136*3
740,279
+31*1
+14*1
+43*1
+ 17*2
+7*7
+93*4
-(-44*8
+ 18*0
+20*4
+ 40*1
4-25*5
+110*3
1,935,538
351,"87
........
76,485,242
+13*5
95,304,833
+23*0
17.312,368
15.988,777
+8*3
+2.8*1
+35*6
+37*2
+51*8
+37*3
18,223,996
+7*6
+ 03*7
+7*7
+25*6
1,007,466!
786,590
4.752+29!
3,504,200
4.805.1511
3.502.003
0,873,0*9
937,31 1
520,853 |
442,892
4,528,92-'
682,530
981,909
439,081
30,414,021
+09
1.361,108
4,003,858
4,590,291
7,094,225
973,945
609,803
548,957
+20*5
38,625.743
—470
+10*1
856.829.723
759,719,491
4-13*2
856,826,829
0*3
323.407,553
-r-12’9
8
52*1
For the month of July the returns exhibit a
falling off from
the previous month of
nearly live and a quarter millions of dol¬
lars, hut in comparison with July of 18SG record an increase
cent.
The aggregate for the
seven
year.
Seven months, 1880
Aver'ye
Value.
Price.
50,180,713
-<443*519500 V2063771572
$209,724,087
00-1
$0,038,247
$4,707,495
119*8
35*1
123*2
$1,574,0*30
j
84*0
Par
Value
Quantity
or
Actual
.4
Value.
ver'ge
Price.
53,404,023
$4776,127.252 [ 3322456092
$300,140,900 $314,823,920 80-0
$8,070,100 $10,433,294 120*3
$10,373,761
$3,768,317 30*3
$900,305
$1,029,726 114*4
69 5
Total
$4702164360 $2885816037 61*4
$5164,224,378 $365*511,349 70 7
PetrTm.bbls 645.211,000 $415,236,150 04 l-3c $1485,274,006
$1128553,492 70.’.
Cotton .bales
16,281,100 $831,193,435 $51*07
13,943.800 $646,005,760 $46-47
Grain...bush 1205,595,055 $10445.65.391 86 6-10c
1,003,905,911 $838,009,837 83RjC.
’
..
Total value
We
based
$5176831019!
give below
i $0267680.4581
estimate for the week ending August 0,
on the
live-day telegraph returns, and it indicates an
increase compared with 188(5 of 20*6
per cent.
Returns by
our
Week
Telegraph.
1887.
$
589,905,659
(1,760,901)
Boston
08,087,4 19
Philadelphia
57,633.803
Ending Auj. 0.
1886.
*
473 35.3 545
Week
P. Cent.
i
End'g July 30.
1887.
P. Cent.
$
-L‘>16
441 520 501,
-LK-4
(1,038,346)
(t0&-0)
(+10*0)
62,407,612
48,300,265
(1.050,105 >
58,449,440
45.988,437
9,090,451
Baltimore
10,231.55*
9,773,296
+91
+192
+47
Chicago.
49,765,462
52,457,000
-5 1
St. Louis
15,296,273
15,00 5,005
3,779,594
+1*5
42,124,401
14,730,486
+0*6
4,072,841
+35*0
610,570,016
140.104,263
+22*3
750,080,879
95,132,304
+34*0
851,813.183
-*-12*0
New Orleans
Total, 5 days
Estimated 1 day
Total full week
4,028,122
794,948.290
145,106,240
065,197.319
+195
118,460,339
+22 5
+20 0
910,054,530
783,083,658
Balance Country*
98,980,899
77,8*9.243
Total week, all
1,039,011.429
801,512,901
months is 9*5
period last
Actual
RR. bunds... +249,899.710
Gov't bonds.
*5.041.250
State bonds.
$13,390,700
Bank stocks.
$1,*77,‘200
Sales of Stock (shares)....
17,707,592
per cent in excess of the total for the similar
| vufe
}
Quantitjyj
New York
Nut included in totals.
of 5*9 per
07*
+26*5
4 61*7
+13*8
Par Value
+ 12*7
12,761,475
267,601.902!
Description.
+44*9
20.640,741
304,458.221
Seven months, 1887.
Stock
86,780,443'
36,651.699
San Francisco.
*
+ 10*9
1,011,102
:
Omaha
Total all
50,550,070
7,235,760
10,065,574
3,954,: 06
1,532,210
2,860.901
1.802,901
Indianapolis
Cleveland
Columbus
Peoria
50,088,670
10,170,574
11,177,201
*
For the full week, based
on
8
27*3,
+20*6
last week’s returns.
+0*1
+8*3
+13*0
+10*1
87*0
+7*9
+10*4
THE
156
[YOU XLV.
CHRONICLE.
Tnere had
been
recently representations as
to the
Treas¬
ury condition widely circulated, which, though not true,
SITUATION.
doing harm, and hence some announcement as to the
There has teen no material change in the condition of Government
policy seemed needful. To be sure, although
the money market this week.
Bankers’ balances have the half year’s interest which the Secretary offers to pay
loaned at 6 and 3 per cent, averaging
per cent; re¬ reaches $22,319,784, and though less than 20 millions
newals have been made at 5 per cent and banks have
($19,717,500) of the Sinking Fuad has been already
easily obtained 6 per cent for all money they were willing provided for, leaving about 29 millions to be secured before
to put out on call.
Time loans are 6 per cent on prime the current fiscal year ends, still it is thought to
collateral for from 30 days to six months, and the lending be doubtful whether under this notice much money will
is principally by out-of-town institutions and by trust come out.
However that may be, the form in which the
companies and insurance corporations of this city, the offer as to anticipating the interest is put, could not be
banks making but few of these loans, for the reason that different in the first instance from that given it.
The
they need their funds to meet the demands of their Government is not acting for itself, but'as the agent of a
regular and especially now their mercantile'customers. critical people and of their more critical representatives,
For the same reason the New York City institutions are
it cannot offer better terms (though the Secretary may
not in the paper market, although very choice names are think
they will in the end be necessary) until these are
offering and even banks in some of the Eastern cities do proved impracticable. W e look upon that feature of the
not now regard 6 per cent at all tempting.
First class notice as tentative rather than as showing any definite
acceptances which in June would have been readily taken expectation of the Department; at all events it is a good
at 4-J per cent, have this week been sold at 7 per cent.
preliminary for effective work later on, should the neces¬
This condition causes quotations to be merely nominal.
sity arise. Besides, it is quite probable that some bonds
Besides meeting other drafts upon them, the New York will be offered and purchased.
In an article on a subse¬
banks this week have shipped large amounts of. money to
quent page we have shown that there is no distress for
California, where a deal in wheat has developed some money at present, and with the gold imports which are
more experience in “pegging.”
likely it does not look as if there would be this fall,
The Bank of England rate of discount was on Thurs¬
even if there should
be moderate accumulations by the
day advanced to 3 per cent from 2 per cent, at which it Government. What is wanted to revive speculation is
had stood since April 28th.
Since the middle of June confidence, not currency. The difficultyis, this “psgging”
the Bank has been losing bullion almost uninterruptedly,
practice in merchandise as well as securities has been fear¬
parting altogether with £3,167,483 in the interval. Some fully overdone.
of this has gone to Germany, a large amount of it
Mercantile business is as active as it could be expected
recently to South America and now that the movement to to be at this season of the year. Most departments of
New York has set in the Bank governors have doubtless
trade are now passing through their quietest weeks, while
concluded to attempt to check .it by advancing the the extreme heat of the present summer must have tended
rate.
This week the Bank is reported to have lost £773,- in some measure and for the time being to restrict
000, and a private cable to us states that of it £101,000 operations. Still there is a good feeling and a promising
shipped to New York, £305,000 was shipped outlook. Tire dry goods market, which used to open at
mostly to South America, and £372,000 went to the inte¬ this season, shows a fair movement especially on the part
rior of Great Britain, there having also been received of the Southern merchants, though now-a-day3 the August
£5,000 from France. The advance in the Bank minimum buying is not so much of a feature any year as it
caused a rise in the open market discount rate for 60-day
formerly. The telegraph and the habit of carrying
to 3-months bank bills in London to 2^@+ per cent. small stocks has brought in the practice of distributing
THE
FINANCIAL
were
•
so
now
was
was
The open
market rate at
Paris remains at
Berlin is If per cent.
foreign exchange market was
per cent,
while that at
Our
dull and without
through the year as new supplies are wanted.
Western needs will much depend upon the crops, and of
late the grain crops have not been favorably
especially corn, though recent rains it is
now
A very satisfactory
improved the outlook.
feature at the moment is the promise as to cotton.
If
orders more
reported,
special feature until Tuesday afternoon, when the rates were
believed have
reduced to 4-83 for long and 4-85 for short, in consequence
of a pressure of bills drawn against stocks and bonds
for European account, the lower prices attracting foreign
present anticipations are realized in that particular this
investors and speculators.
Tne buying, however, was ought to prove a very prosperous year for the South and
not apparently very heavy, for on Wednesday the tone
for Southern railroads.
We have made up this week our
of the market was firmer, this latter condition being,
monthly statement of clearings for July and from it our
influenced in part probably by the fractionally better readers can see how the activity in mercantile circles has
bought
On Thursday, on the
the official minimum rate of discount
advance in
to
3
per
cent, there was a reduction in the
long rate for sterling to 4 82^-, and in consequence of a
renewal of purchases of stocks on European account the
market was
weak, and continued in the same state
yesterday, without further change in rates. The only
shipment of gold to New York of which wo have knowl¬
edge is £101,000, noted above. There may have been
other amounts taken from the Street, but we are inclined
to think not, as the rates hardly justify shipments, and
we have not been able to trace any others.
Secretary Fairchild’s notice of this week, which we give
in full on a subsequent page, offering to prepay interest
with 2 percent rebate and to purchase bonds, cannot, under
the circumstances, fail to be commended by every one.
rates
for discount
in London.
continued into the summer.
exhibit.
MONTHLY
Clearings,
The following is our
CLEARINGS.
Clearings Outside
Total AIL
Month.
■
1887.
1886.
*
1
usual
P. Ct.
Xcw York.
13S7.
18S6.
$
$
IP. Ct.
•
+5-5 1,403,136,783 1,267,610,954;+ll-l
January.... 4,370.823.843 4,143,139,849
1,102,511,291 i+10 8
i’O 1,222,010,791
February... 3.695,294,5(15 3,848,019,032
+3*9 1,499,393,100 1,267,534,325‘+lS*3
4,172,610,767
4,335,761.645
March
4,129,540,743 3,637,650,570 +135
Total
12,401.870,053 12,163,709,648: +2'0
1,430,146.532 1,189,338,413 +24-5
4,513,017.992 3,610,313,361 j -K25-0
April
1.503,857,535 1,199,953,SSI +25-7
3,610,281,5421+191
May......... 4,299,625,922
1,578,269,406 1.279,917,154 +23*2
4,541,691,331 4,014,080,056;+13*1
June
4.565,273,473 3,600,209,448 +24-4
13,354,335,245 11,234,674,959!+18‘0
Total
7,308,866,018 +i»a
23,393,4 44,607 ;+10‘8 8,694,814,216
6 months. 25,750,214,298
1,428,701.540 1,322,440,814 +8*0
4,023,957,358 3.798.481,219' +5‘9
July
There has
been of course a falling
vious months, but
off in July from pre¬
the total is large—very nearly
6 per cent
August
THE
6, 18H7.]
CHRONICLE
157
larger than last July, and outside of New York the gain 1886, though the first six months form the poorer half of
is 8 per cent.
A feature to be noticed is that this gain is the year.
The Minnesota & Northwestern
probably not in speculative operations, but in legitimate
having opened its line
trade. In fact, so far as stocks at New York are concerned, to Chicago this week, has followed the event
by announc¬
there is a very considerable falling off in the dealings, as ing a schedule of rates between that
city and Minneapolis
and St. Paul, materially lower than that
may be seen below.
previously in
8ALK3 OF STOCKS AT TIIB NEW YORK STOCK
1887.
Month.
8.1-17,127
7,214,112
7,147,305
Jan....
Feb....
March
•
Total
April.
May...
Par.
Actual.
$
712.998,400
*
414,449,380
037.098,950
872,351,431
379,692,507
(140,935,850
22,508,541 1,997,083,200 1,166.490.378
9,467,679 804.299.750 472,410,416
0,5(50,087
(3.803,800 371,187,053
6.983.832
June...
•Total
1886.
Values.
Number
of Shares.
017,742,450
23.010,508 2.025.840,00
force.
EXCHANGE.
393.074.204
Values.
Number
of Shares.
Par.
Actual.
$
8,672,154
9,410.897
10,152,078
*
790,683,975
818,717,825
853,773,952
28,235,129 2,463,175,752
6,410,551
584,167,700
6,639,803 603.092.350
7,111,197
654.423,225
570,361.697
587,469,815
608,511,278
\
,766,842,200
376,762.373
422,796,926
452,189,030
1.230,077,673
20,161,051 1.841,683,2 75 1,251,739,329
45.525,112 4,023,529 200 2,403,174.051
July... 4,0.' 5.571
409,020,300 260,597,521
4-8,39(5, ’ 80 4 304,859,027 3,018,081,619
5,067,843
473,268,225» 305,374,473
6
raos..
!
new
law the tariff
a new one,
was
advanced to 75 cents
on
first-
July share sales at the class freight down to 20 cents fifth-class. The effect of
Exchange were 45 million dollars less these high rates, according to the managers of the new
than they were in the previous July, and yet the total
road, would be to rum the jobbing and manufacturing
clearings in the country were, as stated, nearly 6 per cent business of the “ twin-cities ” of the Northwest, without
mere.
Tnere can be no denying the fact that up to this
benefit!ing the roads. Accordingly, after consultation
time trade has been active.
with the shippers and merchants interested, the Minnesota
The general conditions as to railroad traffic remain the
& Northwestern determined to make a schedule of 50 cents
game
as
heretofore, and reports of gross and net. earn¬ first-class and 124 cents fifth-class. Stated in tabular
ings continue very good. In the weekly statements of form the comparison would be as follows.
gross now coming to hand, roads like the Evansville &
1st Class. 2d ('lass. 3d Class. 4th Class. 5th Class.
Chicago to St. Paul.
Terre Ilante, Peoiia Decatur & Evansville, Cincinnati
Cents.
Cents.
Cen ts.
Cents.
Cents.
Indianapolis Sr. Louis & Chicago, &c., show a decrease as New rates (August 1)
50
40
30
20
12*6
40
30
20
15
10
compared with the corresponding period in 1886, but Rate before Inter-State Law...
Rate after Inter-State Law—
75
GO
15
30
20
there is an exceptional reason for this in the fact that
last year tl ere was an
extraordinarily large movement of
According to this method of presenting the case,
winter wheat, while this year the movement has been the idea of a serious loss from lower rates to
the
roads
quite small. Orheiwise, however, the character of the
engaged in business between Chicago and St Paul
reports is unchanged and gains are general and large. In does not find support Tnere is no decrease as compared
illustration, note that according to our tables on another with earlier rates, but simply a decrease as compared with
page 71 reads for the third week of July show a gain of the rates it was sought to enforce after the Inter-State law
nearly 13 per cent, though for the fourth week the gain took effect. Of course the old roads have had to meet
on 38 loans is only
2-J per cent. But especially favor, the new schedule, but we hardly think there is any danger
able are the exhibits of net
earnings. We referred last of a war. In the first place, the managers of the Minne¬
week to the returns of some of the more
prominent com. sota & Northwestern announce that the new tariff is putpanics, like the Pennsylvania, the Erie, and the Northern forth not as a “ cut,” but as an attempt at a compromise.
Central, for the month of June, and this week have some In the second place they state that the schedule is entirely
further returns for the same month, which,
though not so satisfactory to shippers, so unless the old lines feel com¬
important as the oth rs, are of a like satisfactory nature. pelled to assume the aggressive there will be no necessity
Exception must be made, however, in the case of the Bur¬ for further lowering of rates. The Minnesota & North¬
lington & Quincy, which, owing probably to a diminished western however is accused of a breach of faith, in not
corn movement, has somewhat smaller
gross and net than having given the requisite fifteen days’notice to the North¬
in 18£6.
But the Union Pacific, against net of $602,751 western
Association, and this has nettled the managers of
in 1886, increased the total this year to
$1,109,068. the old roads more than anything else. On that point the
The Camden & Atlantic has increased its net from $7,938 Minnesota & Northwestern claims that it
gave notice the
to $20,265, and the Grand
Rapids & Indiana from $49,641 moment the agreement was arrived at with shippers.
to $71,954.
After being rather weak in the early part of the week,
As in previous months, however, it i3 the
Southern roads that show the most general and mo3t the stock market has
latterly been stronger and higher.
striking gains. We have evidence of this in the returns A vaiiety of influences have combined to bring about
this week of the roads in the Newport News &
Mississippi this result, the one of chief importance however being
Valley system. Tuus the Chesapeake & Ohio has net of the announcement by the Secretary of the Treasury of
$110,649 this year, against $71,745 last year, the Chesa¬ his readiness to anticipate future interest and buy bonds.
peake Ohio Southwestern net of $55,235, against $38,255, The first effect of this was to create a belief tuat easy
and the Lexington &
Big Sandy net of $34,269, against money for the fall and winter was assured. Hence on
$21,594. O ner Southern roads make like exhibits. Thus Thursday a very extensive covering of short contracts
the Central of Georgia reports net of
$91,070, against naturally followed, and this was continued Friday, the
only $29,802 m 1886, and the Kentucky Central net of rise making the holders of such contracts uneasy. At the
$37,931, against $14,620. An excellent illustration of same time reports that the loans of the Ives people on Cin¬
the effect of these larger
earnings is seen in the half-yearly cinnati Hamilton & Dayton stock would be or had been
statement of the Norfolk & Western,
showing a surplus so arranged as to avoid all future trouble, also operated
above charges of $172,804, or larger than in the -whole of ' in the same
direction, as did reports that cable rates were
New York Stock
.
«,
being
it might naturally be
expected to have recourse to some such step as this, but
as unusual
prominence has been given to the matter, and
exaggerated statements made of its probable effects, it is
desirable to know just what the action means, and on
what theory it is sought to be defended.
In brief, the
Minnesota & Northwestern people contend that existing
rates were too high. They claim that before the Inter State
law went into <- fleet rates ranged from 40 cents per 100 lbs.
on first-class
freight down to 10 cents on fifth-class, and that
even these low
figures were not maintained, cuts, rebates,
and drawbacks being variously allowed shippers.
Under
the
This shows that the value of the
The road
THE CHRONICLE..
158
[Vol. XLV.
ably been hastened by the recent attempts to alarm th
comparatively easy, while the foreign exchange rate de¬ public over Treasury accumulations. A false charge well
clined, and some gold was taken from the Bank of England held to, is often as disquieting as if it were a truth. So
for shipment to this side. In all this we have reason enough* far as the object of these efforts has been to disturb con¬
for the change of tone, but the
important element, fidence and unsettle the markets, we can see reason for
the desire to encourage a belief that currency has been
namely outside support, is still missing, and without it
there can be no permanent or sustained upward movement. taken out of the banks and locked up by the Government.
The following statement made up from returns collected But where no such, purpose existed attempts of that
kind
seem
very
heedless, especially now when
by us shows the week’s receipts and shipments of currency
credit is in a measure impaired and distrust to some
and gold by the New York banks.
extent prevails.
We have often shown that there is
Net Interior
Received by
Shipped by
Week ending August 5, 1887.
truth
no
in
the
claim
made ; that no currency whatever
Movement.
N. Y. Banks. N. Y. Banks.
Loss $1,169,000
has been abstracted from the channels of commerce, but
$2,048,000
$879,000
Currency
Loss..
400,000
400,000
Gold
on the contrary that the amount in the hands of the public
Total gold and legal tenders
$<>,448,000 iLoss..$1,5(59,000
#879,000
has been for a long time back each month increasing.
In
The above shows the actual changes in the bank hold¬
fact, the present position of our banks and of the Treasury
ings of gold and currency caused by this movement to
proves that it is this impaired .confidence and not a
and from the interior.
In addition to that movement the
scarcity of funds which is disturbing our money markets
banks have lost $1,200,000 through the operations of
to-day—an emergency which misrepresentations as to the
the Sub-Treasury.
Adding that item to the above, we Government’s accumulations help largely to
aggravate. And
have the following, which should indicate the total loss
be restored.
to
At the same time money
has continued
Clearing House banks of gold and cur¬
for the week covered by the bank statement to be
to the New York
rency
issued
to-day.
Week ending August
Into Ranks.
5,18S7.
Net Change in
Out of Banks.
Bank Holdings.
Loss.. $1,509,000
Banks’ Interior Movement, as above
#879,000
Bub-Treasury operations
5,200,000
*_ $2,418,000
0,400,000
Loss..
1,300,000
#0.0*9.000
$8,843,oOO
Loss..
$2,709,000
Total gold and legal tenders
...
The Bank of
England lost £773,000 bullion during the
£3 72,000 shipped to the interior of
Great ^Britain and £401,000 net sent abroad. The Bank
of France gained 200,000 francs gold and 2,6)0,000
francs silver, and the Bank of Germany, since the last
report, shows a decrease of 4,040,000 marks. The following
indicates the amount of bullion in the principal European
banks this week and at the corresponding date last year.
week. This represents
August 5, 1886.
August 4,1887.
Banks of
Silver,
Gold.
£
£
j
£
20,964,313
England
20,964,913
France
48,233,789 47,365,524' 95,500,313
Germany*
Aust.-IIung’y
....
Netherlands..
Nat.Belgium*
National Italy
;
Silver.
Gold.
Total.
i
j!
Total.
£
£
£
21,545,524
21,545,524
99,398,011
21,574,180 19,131,820
40,706,000,
54,267.030 45,130,981
20,480,150 16,274,850
14,910,000;
21,592,000|
6,492,00(, 13,678,000
20,170,000
5,101,000 8,239,000 13,340,000
2,435,000 1,242,000
3,727,000
7,001,000 1,118,000' 8,119,000
6,702,000 8,152,000
2,829,000 1,415,000
7,327,000 1.396.000
14,854,000
4,244,000
6,682.000
36,755,000
8,723,000
Tot. this week 112,041,282 92,006,34 4 204,047,626 .119,642,704 86,046,831 205,689,533
Tot. prev.w'k. 113,044,642 91,093,168 205,037,810
119,510,753 85,855,333 205,366,091
Tlie division (between "old and silver) given in onr table of coin and
bullion in the Hank of Germany and the Bank of Belgium is made from
the best estimate we are able to obtain; in neither case is ir claimed to he
accurate, as those hanks make no distinction in their weekly report,
*
merely reporting the total gold and silver; but we believe the division
make is a close approximation.
Note.—We receive the above results weekly by cable, and while
not all of the date given at the head of the column, they are the
returns issued nearest to that (late—that is, the latest reported tig tires.
we
The
Assay Office paid $162,446 through
the Sab-
though the Secretary’s notice providing against the future
fail to reassure those whose timidity has been
excited, the same end will be further aided by presenting
anew the actual condition
of the banks and Treasury at
the present time, which these proposals a3 to coming
accumulations supplement.
What is the position of the banks so far as cash assets
are concerned?
Do their- holdings bear out the charge
that higher interest rates are due to a contraction of the cur¬
rency? Late reports are not everywhere accessible, but
wherever they are so that comparison can be had with a
yfar ago they show in this particular the exact reverse of
the claim made.
Even taking the returns of the national
banks in their last report under the Comptroller’s call of
May 13 (published in the Chronicle July 2, 1887, page 18),
and comparing results with those of the report in 1886 near¬
est that date (June 3, published in Chronicle July 10,
1886, page 47), the total of different kinds of currency re¬
ported held will be found to have been $248,943,396 in
1886 against $254,935,753 at the latest return of this
year. It must be remembered too, that in May at the date.
named, none of the disastrous speculations, which have
been such a feature of the past twelve months, had broken,
but all of them were in full progress, while business was
very brisk, so that funds being in more active use at
the main centers of trade, the amount in sight, that is in
bank vaults, at any given moment would count at its
lowest; and yet as we see the total was larger by several
cannot
,
millions than at the same date in 1SS6.
later returns for the whole country,
There
are no
but so far as bank
figures of a later date are available they all show a fair
margin of cash, not differing very materially from the
Treasury for domestic bullion this week, and the Assistant
Treasurer received the following from the Custom House.
corresponding date a year ago when money was compara¬
Consisting of—
tively easy. The banks in Boston and Philadelphia re¬
Duties.
Date,
port a surplus reserve in' each case larger than it was a
Silver CerTJ. S,
Gold
Gold.
Notes.
Cer tide's.
li/icates.
year ago, while in New York, though the total is a little
$41,000
$35,000
$1,000
$270,000
July 20.
$331,822 27
less, there is a very fair margin, furnishing in itself no ex¬
28,000
30.
26,000
280,000
345.510 40
2,000
cuse whatever for the feverish feeling, high rates for loans
68,000
49,u00
513,000
2,COO
632,940 67
Aug. 1.
and careful discriminations, which are the prevailing
2.
88,000
043,000
66,000
3,000
1,102,885 55
“
“
“
3.
578.334 91
“
4.
355,968 02
2,000
1,000
Total.
$3,367,470 01
$11,000
54,000
468,000
53,000
36,000
275,000
43,000
$200,000 $2,758,000
$297,000
Included in the above payments were
characteristics of the moment in all the cities named.
Turning to the Treasury statements we reach a precisely
similar conclusion.
$14,000 in silver
We have reviewed the Government
figures so often that they are familiar to our readers. But
day we have the first of August exhibits, and through
them we can test the charge made.
If the Secretary has
THE
MONEY
MARKET
AND
TREASURY been every month locking up a large amount of currency,
OPERA TIONS.
as is claimed, these latest returns will prove it.
We have
The action of Secretary Fairchild this week with regard therefore prepared the following brief summary of the
to prepaying interest and purchasing bonis has prob¬ net holdings of currency by the Government July 1, 1886,
coin, chiefly standard dollars.
to
August
THE
6, 1887.]
CHRONICLE.
159
believe that
and
August 1, 1887, and give them below together with
the figures for other recent dates of this year for com¬
any change for the better in the industrial
situation will be effected.
Even if money does become
parison.
cheaper, every one knows that cheap money does not
necessarily mean active speculation and high prices. We
have had our lowest prices and most stagnant markets
when bank vaults were phenomenally overloaded.
There
is another condition precedent even to the existence of a
plethora of currency notes, and that is confidence in,
among other things, the, value of the articles to be
exchanged and of the quality of the medium through
which the exchanges are made.
When an over-supply of
currency, as it sometimes will, has excited speculations of
various kinds, until prices of corner lots, wheat, various
commodities and securities have been pegged up to fancy
prices, and when rottenness in one discloses weakness - in
all, so that important commodities suddenly lose one-fifth
of their value, while stocks drop forty points without
finding a buyer, and as a consequence banks and indivi¬
duals fail, showing but a shadow of their assets left—
when a country reaches that condition the money market
would be shut up to the average borrower even if there
could be let loose a flood of currency.
The best possible
condition for the country as we look at it, is a little
moderation for a time; we shall by that method wake up
in a much healthier shape "for the enterprises of another
TJ.
S.Treasurer’s
net holdings
j March 1,
July 1,
1886.
of
|
81,682,187
96,229,539
Notes
Frac’nal Silver*
Aug. 1,
j
1887.
73,157,591
73,348,425
72,455,100
21,767,376
20,013,797
19,633,740
25,689,202
149,014;
217,922
375 176
197,010
273,802
26,595,715
27,208,314
27,094,192
26,803,815
29,282,496
j
Sub-Tr’sur s $305,323,115 $309,315,267 $309,176,230
In deposi’y
'
1887.
22,868,31?;
Bank- Notes....
In
July 1,
1156,793,749 $175,130,261 $186,667,773 $186,875,669 $186,306,330
Q-Olri ...*
U. S.
June 1,
1887.
1887.
Bks
14,435,199|
19,726,598
22,802,573
$307,529,129( $305,472,823
23,493,267
22,991,302'
Grand total.... $819,758,314 $329,041,885 $331,978,803 $330,520,431' $328,906,090
*
Including minor coin.
foregoing presents the Treasury situation in as
brief and clear a form as it is possible to give it.
It tells us
that the total currency in Sub-Treasury vaults has, instead
of increasing, decreased over two million dollars the past
month, and is now just about the same as it was on the
first of July, 1886, the difference being only $149,708.
That is to say, in the place of their being a lock up of
several millions a month in progress, there has been a de
crease of currency holdings in the Treasury vaults, of
over two millions the past month, nearly four millions in
two months, and an increase of less than one hundred and
fifty thousand dollars during the entire period of thir¬
teen months!
Now, if there is anything in those changes
that gives the least ground for the Claim that the Govern¬
ment has been locking up currency, or to frighten even
the most timid dyspeptic alive as to past Treasury doings,
we should like to have it pointed out.
Si ill another step in this investigation is desirable.
It is
Jack of currency we are told that is the disease.
We have
seen that the Treasury has locked up nothing ; now let us
find out what the people have lost or gained of gold, silver
and notes during the same thirteen months.
On this
point much is made of the fact that bank currency is
decreasing; that is an important item, but it shall go into
our table so that
the net changes during the period
mentioned may be disclosed.
The following is the state¬
ment complete, the circulation of each period being given
in two columns, one covering the amounts in the Treasury
The
and the other the amounts in the channels of commerce.
August 1, 1897.
July 1, 1836
Circulation in the
United State*.
Ill
Treasury.
$
Gold coin and bullion
156.793.749
In Banks A
In
hands of
People.
Treasury.
!
$
433,980,211 j
140,585,945 j
323,812,699 j
$
186,304.330
72,455.106
In
Bulks dt
hands of
People.
$
475,837,319
195,123,174
327,017,270
year.
PROSPERITY
AND
CHICAGO it
CONSERVATISM
OF
NORTHWESTERN
The report of the Chicago &
the fiscal year ended May 31,
Northwestern Railway for
1887, is noteworthy chiefly
for two reasons, first for the excellent result of the year’s
operations, and secondly because of the bookkeeping
changes in the items of accumulated surplus, on which
expectations of a “ melon” or stock distribution had for
many years been based.
With regard to the exhibit for the year, it is favorable
beyond the most sanguine anticipations. Both passenger
and freight rates suffered a further decline, so that the
average for the latter was only 1-10 cents p9r ton per
mile, and the average for the former 2-29 cents per pas¬
senger per mile—both the lowest figures in the company’s
In the previous year, the average had been
history.
nine hundredths of a cent higher on freight, and seven
hundredths higher on passengers; and yet in the face of
this decline in rates—which involved
a
los3 of
revenue
to
the extent of
$1,706,368—gross earnings show an increase
Legal tenders
19,633,740
of $2,041,715, and net earnings of $830,599.
22,868,317
We need
National Bank notes
275.930,721
273,802
149,014
308,511,986 ;
hardly say that gross and net alike are the largest on
Fractional silver,&c
40,155.000
50,644,534
29,282,496
26,803,845
record.
The total of the latter reaches $1 1,250,973, while
Total
305,472,823 1,330,583,024
305,32 1,115 1,253,073.811
Surely no one can have any excuse for claiming there ] the call for interest was but $5,194,197, being about
has been any lack of currency after the disclosures of the $400,000 less than in the year preceding because of a
above.
We have not added the two columns together, greater series of credit items to that account.
The result
j
because the amount in the Treasury is of course outside j is that there remained a balance for the stock of over six
of commerce.
The tell-tale columns are the others, and million dollars, while the dividend requirement was less
they reveal the remarkable fact that since July 1, 1886, than 3-J million dollars, leaving an absolute surplus on the
the United States, so far from contracting the currency in \ year's operations of over $2,600,000.
The Northwest system has been greatly extended dur¬
the hands of the people, has added to it $77,507,183.
Is
there another country on the face of tJce earth that has had ing the last decade.
The average mileage operated in the
late
such an addition to its note and metal circulation during the
year was just 2,000 miles greater than in 1878, when
the
total was 2,037 miles. In the interval earnings have
same period?
It seems scarcely necessary to assert, in
view of these figures and the others we have above pre¬ increased in gross from 14f millions to 26£ millions, and
Silver d> liars
96,229,539
1
sented, that the condition of the money market is in no in net from 7£ millions to 11£ millions. In 1878 only
3 per cent was paid on the common stock, though full
degree chargeable to a need of more currency.
But the Secretary has opened the doors of the Govern¬ 7 per cent was paid on the preferred, and yet the surplus
ment vaults, and now if there is a want the funds will above dividends wa3 only half a million dollars, against
come out.
We may thereby secure a lot of silver certifi¬ nearly 2g millions in the late year after paying 6 per cent
cates and lose a good part of the gold we might have got on common and 7 on preferred.
The following is a sum from abroad ; we are not, however, among those who mary of operating results for each of the last ten years.
THE CHRONICLE.
160
accumulated
Interest
Tear
Earnings.
Average
ending
Miles
a
May 31 Opera'll
..
1879....
1880....
1881....
1882....
1883....
1881....
1883....
2,129
2,210
2,044
3,033
3,105
3,719
3,819
3,891
1887...
4,037
*
t
on
on
Profits.
Surplus
Stock*
Year's
Operut'ns.
$
$
508,453
1,950,034
4,0(55,030 2,464,487
7,130,117
14,751,062
181,760
2,105,868
4,535,044 2,237,026
6,873,272
11,580,921
2,405,521 1,074,017
4,837,581 4,0S0,168
8,917,749
17,849,319
2,420,273 1,357,229
5,130,749 3,777,502
8,908,251
19,331,072
2,586,63^ 2,7*1,437
5,0(50,947 5,378,075
23,084,056 11,015,022
5.957,701 4,051,017
2,890,337 1.101.280
24,081,-34 10,009,318
761,258
2,9.59,470
0,178,939 3,700.728
9,379,667
25,020,021
575,699
9,708,118 +5,151,101 4,557,047 +3,981,348
23,502,050
3,444,5 j4 1.381,507
5,594,3-53 4,820,011
24,279,000 10,420,871
3.444,504 2,012,272
5.194,197 0,050,770
20,321,315 11.250.973
2,037
1880...
ad
Dividends
Net-
lientals.
Net.
Gross
$
1873.
Sin!:. I'ds.
Dividends allow for 3 per cent on common an 1 7 on preferre 1 stock
in tiscal year 1878; 4 on common and 7 on preferred in 1*70 ; 6 on
common and 7 on preferred in 1880; the same in 1831; 6 kg on common
and 7*4 on preferred in 1882 ; 7 on common and 8 on preferred in 1883,
m 1884 and in 1385 ; and 0 on tlie common and 7 on the preferred in
1886 and 1887.
*33
t The absorption of the Blair roads in Iowa had the effect of decreasng payments under the head of rentals, and increasing the payments
*
or
dividends.
It will be observed that the
surplus is, with
one excep¬
tion, the largest for any of the years given, and stands at
$2,612,272—this after paying dividends at the regular
therefore chosen to distribute
profits in full, instead of applying them in part in
other ways, it could have paid about 5 per cent addition d on
Had
rates.
the company
the
both classes
stock.
of
In
other words, the road earned
for the shareholders in the late year over
11 per cent on
the entire amount of stock
outstanding.
though thi3 result is, it does not show
the full measure of the company’s profits on the year’s
operations. The accounts of the Sioux City & Pacific and
Fremont' Elkhorn & Missouri Valley are not included
in the figures given, and both roads earned in excess
of their
charges. As the capital stock of the
two
companies is almost entirely owned by the
Northwest it is only proper that their surplus should be
But favorable
added
to
that
of
the
[VOL. XLV.
Northwest itself.
This would
surplus is both -significant and suggestive.
With the road earning double its dividends, the time
would seem particularly favorable for making, if desired,,
a stock distribution such as
had been expected, the accu¬
mulated surplus forming the basis of it.
Moreover, the
financial position of the companies included is equally
strong, for the Northwest proper reports $4,214,036
of cash on hand, and the Elkhorn & Missouri Valley
cash of $1,159,422, making $5,373,458 together.
But
it is at just this time that the managers emphasize
their determination not to pursue the policy in ques¬
tion.
And the action is much more thorough and
radical than generally supposed, for not only is $10,762,059 of the credit balance of income account marked
off, as announced a few weeks ago, but various other
items which might serve as pretexts for a stock distribution, and which have always been regarded as
likely to be used as such, have also been cut down, in
most cases to merely nominal figures, though this fact has
not yet attracted any notice.
Thus the company until
lately canied on its books over 11 millions of the stocks
of proprietary roads at par.
A few years ago the amount
was still larger,
and was reduced by issuing Northwest
stock against part of the same, which stock has since been
held in the Northwest treasury.
It was supposed there¬
fore that the remaining 11 millions would sooner or later
be treated in the same way, and the new stock, perhaps
along with the other, be distributed among the share¬
holders.
Now, however, we are informed that as this 11
millions represents merely nominal values, it has been
decided to reduce it to its estimated cost value
cost
of
account
($674,183),
the other side of the
being correspondingly reduced. Not only that^
road
and equipment on
but the different items of land
income account have also
from $2,612,272 to
been diminished, so that altogether the aggregate change
$3,319,150, the surplus on the Eiktiorn road being
is very. large. Perhaps the best way to show this is by
$65 1,876 and on the Sioux City & Pacific $52,002. But
means of the following table.
the company also had net cash receipts from land sa’es to
amount of $689,589, which would raise the combined
This Year.
Last Year.
State of Surplus Account.
?
$
surplus for the year to over four million dollars ; that is.
10,009,400
Unissued ('hie. & N. W. stock In Co.’s treasury..
10,009,701
the company had a balance in this large amount af-,er Proprietary road .-tocks
11 230,000
674.183
1
11,144,320
Income account surplus
2,991,538
paying all charges and dividends at the rate of six per Land account balances
3,104,071
714,104
cent on the common stock and seven on the preferred,
35,577,797
14,39^,520
Total
The balance would have paid 7-1 per cent.additionahm both
Thus the apparent basis for a stock distribution which
kinds of stock. If it be assumed that the income from land
a year ago was
over 35£ million dollars, is now only
sales is not a proper item to take into the account, that can
about 14J millions—an important difference..
Perhaps it
easily be left out. But even then the surplus of $3,319,150 would have been better had the
managers while ta-^y were
given above would remain and would nearly suffice to pay about it canceled also the 10 millions of slock held
existing dividends over again. In brief, on the ordinary in the
Treasury, and which as already said was issued
operations of the combined system east and west of the
against proprietary road stocks like those now marked
Missouri, there was a net profit over and above charges or
down.
But as far as the action goes it is wise, conserva¬
$6,763,654, or sufficient to give shareholders over 12J per
tive, judicious, and altogether wholesome. Of course,
cent dividends, but as only $3,444,504 was paid out,
parties who bought the stock in anticipation of a “melon,”
there was left a surplus of $3,319,150.
What makes this
will be disappointed; it is not to such, however, but to legit¬
surplus all the more striking is that it is so much greater imate investors that a
property like the Northwest should
than the balance remaining in the two years preceding.
appeal. Large stock distributions (to represent accumu¬
Thus in 1885 the excess above dividends was only $661,878,
lated earnings or surplus, or in whatever guise) are
and even in 1S86 it was less than two millions—actually
always demoralizing and harmful, but are especially
$1,955,537. Here is a summary for the three years.
undesirable in the case of investment shares, which ought
1887.
Year's Surplus.
1885.
1SS0.
to have both stability of value and return, while such
*
*
$
dividends do not furnish either, but rather tend to cause
Parent svstem (above dividends)
+2,012,272
*575,099
+1,381,507
Fremont Elkhorn & .Missouri Valley.
121,939
481,459
054,870 frequent and wide fluctuations, and irregular returns.
If
Bcf. 35,700
Sioux City & Pacific
52,002
92,57 L
surplus earnings are to be distributed in full, and only
GO 1,878
Total
3,319,150
1,955,537
then it were well that the
Net cash land sales..
003,089
089,589 part can be paid in cash,
557,190
remainder
be
Grand to al
1,219,208
2,6! 9,220
4,008,739
paid in stock each year, and not in a lump
Above 8 po" c ent dividends on preferred stock, and 7 p r cent on
sum after
a series of years.
But a3 the policy of dis¬
common.
t Above 7 per cent dividends on preferred, and G on common.
tributing in full is not practicable in this country, because
In view oi this wonderful display of earning capacity, of the
intensity of competition and the consequent need for
t is acdou of the managers in wiping out several items of
devoting part of earnings to the making of improvements
increase
the
balance
for the
year
-
,
*
...
August
THE
6, 1887.J
161
CHRONICLE
additions, in order better to meet such competition—
in view of
that fact, it is in the last degree desir¬
able that
thq fiction of reporting as surplus what
is not a surplus at all should be abandoned.
We
and
can
standing of
highly, therefore, the taking
commended. It avoids adverse
will be able to raise the cry of “water”
which the action is to be
No
criticism.
in
one
1886.
51
114
124%
126%
92*8
113%
7 *4
93
39
129%
54%
Railroad Stocks—
of this
by a corporation of the prominence and
the Northwest. There is another aspect in
not commend too
decisive step
regard to the capitalization of the company. In an
on the charge of executive heads in the Northwest
few weeks ago, we adverted to the fact that the manage¬
1887.
1885.
Michigan Central
Chicago Rock Lsland A Pacific
Illinois Central
Chicago A Northwestern, com.
Chicago Milw. Sc St. Paul, com.
Delaware Lack. A Western
Central of New Jersey
139%
79%
92%
*
...
81
126
122
111
72%
127
73
ilerchandise—
10
9%
10%
Cotton, Middl’g Uplands.$ lb.
31 034
32033
32 034
Wool, American XX
$ lb.
21 00©2 L 50
Iron, Amer. pig. No. l..$i ton. IS 00 018 51 18 00 018 50
34 50 035 00 37 50*39 00
27 00
8teel rails at mills
79
10 J %
85%
Wheat. No. 2 red wiu.^ bush
45%
46%
53% 05 4
Corn, West. mix.No. 2.$J bush
016 75
19 bbl. 1L 00 0 11 50 11 23 011 75 16 2558
Pork, mess
68%
75%
Petroleum pipe line certifies
article
highest and
closing prices of railway and miscellaneous stocks at the
ment of this property had never unnecessarily antagon¬
N.Y. Stock Exchange during the months of June and July.
ized public opinion, and was held in unusually high regard.
STOCKS IN JUNE AND JULY.
Their latest action gives proof of the same quality, and
-July.—
a
following table will show the lowest,
The
RANGE OP
-June-
will tend further to raise them
in public estimation.
Jihiy 31
Railroads.
Albany A-. Susq
FINANCIAL REVIEW OF
JULY.
July was dull, and there was less than
excite interest in regard to commercial and finan
The month of
usual to
-cial matters.
market was fairly easy, the city banks
showed a moderate gain in their surplus, and stock bor¬
rowers had no irouble in getting money at 4 to 6 per cent.
The commercial exchanges were more or less unsettled
The
money
by the dejection following the collapse of great specula¬
tions ; and in wheat, coffee, and cotton a healthy tone was
practically forbidden by the existence
of such circum¬
stances.
At
the
Stock Exchange,
business was moderate and
prices generally depressed. There had been expectations
of a more buoyant movement in stocks during July, but
these were not fulfilled, and there was considerable disap
realizing sales to a modera e
pointment, followed by
On the 20th Mr. Garrett’s let¬
ter announced definitely that the so-called Baltimore &
Ohio deal with Messrs. Ives, Stayner and others had
extent and
lower prices.
end. This
bulls, and
during the balance of the month the market was virtually
under bear control and prices were depressed.
Railroad
earnings kept up well, and the reports of gross and net
earnings made for the half-year to June 30 were
failed, and the negotiations had come to an
an important point for the
was the loss of
particularly good.
generally dull, and rates low. A
small amount of gold was received from Europe prior to
the 20th of the month.
The course of exchange indi¬
cated that our stocks and bonds were still going to the
Foreign exchange was
foreign markets.
The following summary shows the
condition of the New
York City Clearing-House banks, rates of foreign exchange
and prices of leading securities and articles of merchan¬
dise, about the 1st of August, 1885, 1886 and 1887.
STATISTICAL SUMMARY
ON OR ABOUT AUGUST
1, 1885, 188G AND 1887.
Atchison Top. A S. Fe
Atlantic A Pacific...
Host. A- N.Y. Air L. pf.
Ruff. Koch. A Pittsb.
Burl. Cedar R. a- No.
116%
*14%
Canadian Pacific....
Canada Southern
Cedar Falls A Minn.
Central Iowa
Central of N. Jersey.
62%
62%
Central Pacific
Ches. A Ohio
Do
1st prof.
Do
2d prof.
Chicatro A Altou ....
Do
-
1885.
New York City
Loans
Banks—
and discounts
Sue ue
Cir • 1 at ion
Net
„
deposits
Legal tenders
Legal resorve
Reserve held
Surplus reserve
Money, Exchange,
306,309,900 354,327,400 355,291,800
75,648,000
$ 115,493,900 64.271,200
8,105,100
7,854,000
9.675,200
$
361,765,700
$ 383,001,600 377,703.100 22,924,400
$ 44,980,600 43,033,300
90,141,425
94,425,775
$ 95,750,400 107,301.500
98,572.400
$ 160,474,500
8.130,075
12, S 7b, 72o
64,724, LOO
Call loans
Prime paper, sixty days
Silver in London, per oz
Prime sterling bills, 00 days..
Erie (N. Y. L. E. &
Lake Shore A Mich.
W.)
101%
1*2 £'2
3 24
it 9
3
44**d.
4 88 *2
49%d.
4 85
133%
112*8
122 *-3
R1V.
Southern.
83%
9*8
55
133%
111%
126
1057e
28*2
84*8
4
6
06
©6%
44*8(1.
4 83
130
108 \
127%
106
28%
91%
118%
15%
81%
.
.
-
prof.
prof.
Chic. Mil. Sc St. Paul.
Do
prof.
62
Do
Chic. Jr Northwest..
pref.
Chic. A Rock Island.
Cilio. St. L. & Pittsb.
Do
pref.
Do
Chic.
St.P.Miun.A 0.
pref.
Cin. Ham. Sc Dayt’n.
Ciu. Ind.St. L. A Ch.
Cin. Wash. Sc Balt...
l)o
pref.
Clev. Col. Cin. A Ind.
Do
Clev. Si Pittsb.,guar.
Col. Hoek.Val. A Tol.
Col. A Greenv. pref.
Del. Lack. A WestTn.
Den. AR. G.,ass. pd.
Do
pref.
Denver A Rio Gr. W.
Dcs Moines Si Ft. D .
7P>t Hill-ib A-So. W
59
61%
63 %
60
14
15*8
6%
73%
1 2
12
*8
-
-
a
-
86%
93%
124% 119
125% §115
151% 147%
127%
137
16
*18%
53*8
§112
117
^
4%
7%
58
*8
65%
153%
33%
•
.
*18%
a
•
•
a
-
Green B.Wm.ASt.P.
Do
pref.
Harlem
Houet. A Tex. Cent..
Illinois Central
Do L’sed Line 4p.e
Ind Bl.A W., ass. p i.
Keokuk A Dcs M....
Do
pref.
Do
58%
pref.
98
9S %
68 %
Lake Shore
Long Island
Louisville A Nasiiv..
Louisv. N. A. A Chic.
Marq
Hough. A On.
pref.
Do
Manhattan, consol..
Manhattan BeaehCo.
OL
.
pref.
Mlnueauolis A St. L.
Do
pref.
Mo. Kans. A Texas..
Missouri Pacific
Mobile A Ohio
Morris A Essex
Nashv.Chatt. A St. L.
N. Y. Cent. A Hud. R.
N.Y.Chlc.AHt.L ,ass.
Do
pref., ass.
N.Y. Lack. A West..
s.Y. Lake Erie A W.
Prices bid.
99
68*8
67%
27
98
161
16
61
18%
94%
15
36
26
§92
19%
13%
136%
79%
109
17
36%
31
.
.
_
-
•
85%
113%
I Prices
24
62%
§110%
.
.
3
.
mm
4%
74%
59*8
19%
12%
36%
21
52%
32%
62%
30%
94
119
19%
47!%
15%
140
109
220
233
31%
7
51
153%
23 %
35
30%
......
126
26
29%
10%
30
15
.
81%
5
7 *8
51
61%
154
24*8
30%
35
134
2 ♦%
12-J50
27
57
*13
*72
1 L%
58%
13%
11
59%
20%
71%
25%
10
10
26%
87
*94
100%
43%
45%
14%
10
*25
......
......
17
%
21
89%
109%
45
10
46%
14%
US
.....,
a
•
a
a
a
......
......
a
121%
124%
121%
94
94
18
7
25
35
23%
*28
41%
21%
58
98
97%
63%
64%
*21
*91
14
92%
*88
‘98*8
§91*8
91%
59%
96%
64%
60%
58
63
58
106
§112%
93%
40
.
28%
24%
96%
12
*14
137
137%
76%
109%
106%
18*8
33%
16%
30
107%
......
32
*35
111
53
17
50
11%
*13%
81
91%
88
113%
106
13%
17
29
25
38%
29%
97
104%
14*8
139%
83%
*13%
110
106%
16%
30%
19%
33%
109
a
...
a
-
28
32%
28*8
71%
53 %
40%
221%
230
17%
11*8
3J %
17*8
11%
16%
9%
33%
19%
29
16
49
33
60
41%
32%
53
48*h
34*8
61%
28%
25%
27%
asked, § Ex-dividend. IF
52%
121
14
13%
17
35
18
90%
50
14
HI
80
*16
25
41%
22%
58%
88
109%
11
§120
18
8
17%
51
66%
%
30%
44%
108
13%
40
62
39
12%
71
33%
..
*14
51%
53 %
....
63%
74%
21
79*8
57
16
59 %
19%
12%
3o*e
17%
47
52%
113
142 %
4%
86%
113%
19%
36%
%
108
13 3
79
32
29%
110% §104%
108
30%
68
45%
44%
31%
58%
26%
44
......
89%
16
25
45%
9(5
87%
127%
*15%
10
60%
98%
57
20
90
132
18
13 7% 11123
97
22%
24 %
15%
47%
32%
110%
15%
pref..
Northern Pacific....
Do
pref.
Ohio A Mississippi..
30
87
19%
Do
225
18%
117
Norfolk A Western..
15%
27%
94
*92 %
.
49
55
59
pref.
N. Y. A New Engl’d.
N.Y. N.H. AHartf’rd
N. Y. Ontario A W...
N. Y. Susq. A West..
Do
pref..
*
m
98
.
99
94%
159% 5115
14
16%
Central....
Michigan Central...
Milw. L. Sh. A West.
.
.
.
Memphis A Cha’ston.
Mexican
a
45%
23%
20
10
25
38
18
53
110%
105%
26%
219
30
119%
118%
53
89
115
12 7%
......
a
93%
.
.
.
79
14%
77
28
41%
13%
......
.
a
' 11120%
138
93
*24
.
a
92
......
Kingston A Peiubr..
Labe Erie A West.
a
10 >*8
47%
16%
27%
223
a
138%
117
.
19
15
6i
24
....
a
a
17
14
79
12%
Ft.Worth A Denv. C.
33%
...
*6
*10%
*7
123
01 %
66
*35%
117
109
•
64
75%
.
a
68%
14%
27 %
*15%
98
•
8
152
161%
39
62%
1st pref.
2d pref.
Eliz. Lex. A Big S. .
Evansville A T. H...
Flint A Pcre Mar. pf,
a
6%
73
115%
52%
54%
118% §112%
147%
85%
*4%
5
7%
8%
a
....
137%
53
89
79%
*47
133%
E.Tenn.Va.A Ga.Ry.
Do
Do
49%
139%
32*8
130
28
67
•
127*8 §119%
§50%
12
161 %
153% *148
136% 129%
18%
18%
54%
59%
80%
38%
7%
7%
150%
88%
60
8
10
123
......
68
50
6 l %
......
6*8
58
*92
....
32%
33%
60
99
28%
133
39
*7
13
....
153%
153
m
mm
m
72-3
146
94%
147%
81
*4 %
79%
148%
125%
.
11%
14
6%
*7%
164
.
....
154%
40
4- %
*49
.a
'63
......
a
a
...
81%
40%
7%
13%
143
162
110
57 %
98
R,
100%
56%
10%
**
99
59
50
5 1%
43
50%
62%
7
.
.
§111%
50%
36%
J illy
CSt.
151
•
115*3 §110%
14
11%
10)%
70%
*40
Closing
ILgh-
St.
151
30.
99%
63
.
*12
Do
Silver—
United States Bonds—
6s, currency, 1808
4*23, 1891, connon
4s of 1907, coupon
Railroad Stocks—
New York Central & Hud.
1886.
112
13
69
Chic. Burl. A Quinev.
Chic. A Iud. Coal Rv
Do
1887.
150%
est.
June
15* t %
cst.
.
*7
*13
9
,
Low-
High- Clos’g
Closing Low-
Ex-rights.
20
16%
9%
30
*15%
41%
33
53%
25%
THE CHRONICLE.
162
—June.
Lowest.
19
Closing
Railroads.
Ohio Southern
Omaha <fe St. L. pref.
May 31.
Pittsb.F.W.&C.guar.
Pitts. McK’sp’t & Y.
29*8
34*4
38*2
53%
26%
32*4
47*4
47
...
152
......
Rensselaer & bar
Rich.dt Al. st’k.tr. ct.
Richmond&West Pt.
Ho
pref.
Rome Water. & Ogd.
Bt. Louis Ark. <fe Tex.
St. L. Alton & T. H..
Do
pref.
Bt. L. & S. Fran cisco.
Do
pref.
Do
1st pref.
St. P. & Duluth
Do
pref.
St. Paul Minn.<fe Man
South Carolina RR..
Southern Pacific Co.
431
June 30. est.
17
est.
19
28
27*2
34*4
38^
Peo. Decat.& E’ville.
Phila. & Reading
—July.
High Olos'g
est. July 30.
—
•
170
2*2
•
«
•
<
•
3
*92
89
18
76
93
23
42
*80
43 H
41*2
45%
......
119
86*2
113*2
12 0 *4
10%
120
95
108*4
113%
114
120
....
6L%
55*2
6178
40
45*2
21
17*2
363*
5s *4
32
52*2
21*2
36%
6.3
77*14
§67*2
p*cf..
Wheeling & L. Erie.
192,368,916
Total gold
(Asset) 281,296,417
Certificates issued
118,088,617
Certificates on hand....
18,098,560
278,101,106
121,4-6,817
30,261,380
28
48*2
....
305g
...
161
30
31*2
307q
52*3
38
58
*90
39*4
36*4
73*2
Express.
*145
Adams
117
American
*68
United States
Wells. Fargo <fe Co
134*2
Coal and Mining.
41
Camer. Iron <fe Coal.
Colorado Coal & iron
50*4
Consolidation Coal
Colum. «fc Hock. Coal
457S
16
Homestaae Mining..
143
110
68
132
..
Maryland Coal
....
Marshall Con. Coal..
N. Y. & Perry Coal..
New Central Coal...
Ontario Silver Min
Deposits in Nat. Banks..
58*2
46%
52*8
Balance*... .(Asset)
Public Debt and Int.—
interest due, unpaid
56
40*4
5638
42*8
§77
70*8
78*8
70*2
•
42
51%
21
21
••••••
Accrued interest
Matured debt
lnter’t on matured debt
Called b’ds not matur’d
an 1 balance of int..
Debt bearing no inter’st
Int. on Pac. UK. bonds
due, unpaid
Acc’d int., Pac. ItU. b’ds
29
46*4
15*2
.....
......
28*2
68*2
11*2
72
13
......
*6‘a
pref.
33*4
39*2
150
r
110%
70*2
109*2
135
......
....
47*4
42
*15
22
25
266
145
109
66
128
*40
70
......
Tenn, Coal & Iron...
41
44*2
28*2
Quicksilver Mining.
Do
*144
117*2 113
71
*67
137
*126
29*4
14%
20
ft 49
*_5
25*2
11
12
24*2
26*4
D’bt&int.net(Lu«/Hh'fy)
30
t O70
11
'
24*2
6*2
34
31
39%
35*2
6
30
30*2
84%
1045r
'79*2
73*2
*6*2
t
§•*5
78*2
Dei. <te Hud. Canal... §H)4
100
124
44
Equitable Gas L Co.
Oregon Improv. Co..
53
Oreg’n R’ydtNav.Co.
104
Pacific Mail
Prices bid.
1....
2....
3....
4....
5....
6....
7....
8....
147*2
days.
46^8
*97
153
37*2
9o*2
148
July.
85 *2
4 85*2
days.
13.... 1 83*2
14.... 4 83*2
15.... l 8.3*2
4
S.
....Iloli (lay ....
4 84
4 85 *2
4 84
4 80*2
4 84
l 8 a *2
4 84
1 85*2
9.... 4 84
4 85*2
S.
10....
11... 4 84
l 85*2
12.... 4 83*2
4 85
(POSTED
60
j
16....
17....
18....
19....
20....
21....
22....
23....
24...
45
92*2
Redemption and exch’ge
|
■
.1
!
July.
i
!25....
4
4
85-*2
Net
60
De¬
days.
mand.
4 8 -5*24 85*2
1
6s,
1891, 1907, Cur.,
1898,
COUp.
85-*2
85-*2
8 . *2
85*2
S.
July.
coup.
reg.
6s,
1
s99,
!
iday
!
..
8.
..11al i lay
..
128 *8
6
7
8
9
10
11
12
R’nge
| High
Lo vv.
....S.
L27 %
L0s78
14
15
16
17
18
12750
i’31*'
8.
....
12770
19
! 20
21
22
23...
84
4
£3*2
4s,
1907,
coup.
coup.
38,376.388
1,821
27306
335,748
5,30L,U3l
337,569
5,363,39?
13.1S9.906
ioo,000,066
105,873,096
33,012,991
ioo,660,'606
97,909,054
2,868,304
2,165,539
211,065,533
5.826,62
26,751,461
203,940,714
6,571,734
21,905,529
1,475,951
788,182
240
720
.
1,300
1,405
444,543
616,335
4,383,902
2,366,943
635,575
305,426
39,519.599
32,556.324
125,069
2,195
39,394,530
Balance*. .(Liability)
*2(i3,(il«MHiJ>
2<>»,507,S34
Net balance....(Asset)
45,(>98.594
40,853,369
t 85*2
1 85
'
32,554,129
112,73(4
26,691,10*)]
116,699
26,977,494
72.502,139
67,947,562
I NT Eli EST- B E A It ING
1887.
Character of
6s,
Cur.
6 s,
1898,
Cur.,
1»99,
reg.
reg.
Coupon.
$
$
43,021,550
1891.
Q.—M.| 806,978,450
4s
1907.
Q—J.
Q.-J. :
..
022,561,700 115,210,250
-J.&J.
J.&J.
!
*04,023,512
Aggregate
.
.
158,201,800 1,000,000,362
Interest.
$
355,505
$
1,875,000
2,459,310
573
1,753,070
50,727
210,000
99,320
35,000
32:1,117
2,475,613
4,693,040
■
DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.
127*4
*
....8.
High... 109*4 Xl28*g
132
Low... 109*4
Clos
I087s
132
131
109
$
250,000,0«)O
737,804,950
171,900
14,000,00o
*64,623,512
Accrued
Unpaid.
*2.362,000 matures Jan. 16,1895; $640,000 Nov. 1. 1895; $3,6S0,000 Jan. 1, 1890
$4,320,000 Feb. 1, 1890; $9,712,000 Jan. 1, 1897; $29,904,952 Jan. 1, 1898; $14,004,560
Jan. 1, 1899.
12730
109
Int. Due
Jc
Total.
.8.
127*2
.
Registered.
4^3
8s. pension
Pacific RKs...
..
Open.
j
1887.
DEBT.
Amount Outstanding.
Inter't\
P y ble
4s refdg.certfs.
...
......
13,527,475
33,120
Aggregate net Asset
109
•25
26
27
28
29
30
31
.....
1,938,705
THE DEBT STATEMENT FOR JULY,
4
4*2$,
1891,
j ! 24
109*4
i‘0’9’
July.
reg.
j
1
2
3
99,320
323,118
,
I
i
Cal'., j
19,716,500
8,366
(Liability)
Issue.
4 s,
1,821
85- S;
CLOSING PRICES OF GOVERNMENT SECURITIES IN JULY,
4*2?,
195,885
available—
Minor coin
Subsidiary silver coin..
85*2
85*2
4 85*2
4 85 *2
3l0.3tili£03
1,753,667
8,62(5,111
6,115,1^5
190,754
Assets not
■4
-4
*
4
4
4
4
4
Treasurer’s transf’r ch’ks
and drafts outstanding.
Treasurer U. s., agent for
paying int. on D.Col.bds
Total
.(Liability)
iht.on D.Col.bds pd (Asset)
63*2
|*26.''... 4 83*2
27.... 4 83*2
28.... 1 83*2
29.... 1 8 *2
30.... 4 83*2
8.
83*2
9670
account
RATES) FOR JULY, 1867.
Demaud.
83*2
4 83*2
4 83*2
4 83*2
4 83*2
4
37%
*98
148
309,318,503
2,376,293
4,369,923
6,161,115
206,106,253
Undistrib’d ass’ts of fail'd
National banks
Currency and minor coin
redemption account
Fractional silver coin re¬
demption account
ft Ex-rights.
4 85
4 85
4 85
4 85-*2
83*2
4
47
10d
152
22,991,302
Redemp.res’r.(Lrabi.‘-(v) 213,933,837
Disburse Officers’bal’ces.
'
23,493,267
Nat.
31*2
73 58
99*2
20,013,797
6.934,963
197,046
83,864
39
*6
99*4
96%
§ Ex-dividend.
EXCHANGE
De¬
mand.
4 84
4 84
§49
99*2'
123
15
92*2
......
BANKERS’ STERLING
J uly.
55%
101*2
157*2
95
.....
515Q
104
43%
101
t Prices asked
60
124
53
§1*6*4
55*8
Philadelphia Co
Pullman Palace Car.
Silver Bullion Cert..
102
8,770,000
19,633,740
7,186.318
273,-0-*
8,113,335
30
SO
1023s
123
52
9,080,000
310,000
7,977,642
31
6*2
73,318,426
28,783.797
83,099
cess
Various.
Consolidated Gas Co.
Res’ve for red. 0.8. notes.
Fund held for redemp. of
notes of Nat. Banks
Fund held for redemp. of
Nat. gold bank notes...
Five p. c. f’nd for redemp.
of Nat. Bank notes
Bank notes in pro¬
of redemp...(Asset)
Net res’rves.(Liability)
Post Office dep’t account.
266
31
31
142,118,017
12,455,106
S,460,000
Debt and inter’st.(AsseL
..
20
15*8
11*2
22*2
69%
1L
Debt and int .(Liability)
Fract’l cur’cy redeemed
Int.ch’cks & coupons p’d
39
46 78
23
42
38
20
3,425,133
Certitic’s, net.(Liability) 144,166,141
Net silver in treas’y
D. States notes—(Asset) 28,093,740
Certificates issued
8,810,000
Certificates on hand....
350,000
51
17*4
186,875,669
215.460,443
145.543,150
Certiflc’s, r\et.(Liabilitp)
19
34
91,225,437
(Asset) 216,621,247
Certificates issued
148,375,800
Certificates on hand....
4,209,659
Total silver
Net U.s.notes in treas.
Trade dollars redeemed..
National Bank notes
27
29
148
37
15
..
Pennsylvania Coal..
79
186,306,330
5,092,3.6
Bullion..
Telegraph.
Western Union
Balance*.
85,732,190
211,483,970
3,982,473
'
19*8
34*4
17*4
Assets and
Balances.
Certiflc’s, net .(Liability) 94,990,087
Net gold in treasury.
Silver—Dollars,stand’rd 211,528,891
26
117*2 §112*2
25*2
30,1887.
.....,
....
51
58*2'
Gold—Coin.
Bullion
„
119 *4§ *112
82
74
108
74
*27
*50
42
Do
192,197,040
89,099,87?
24*4
43*2
75*4
39*2
78*4
108*4 102*2
116% §112*2
28
54
122
Virginia Midland
Wafi. St. L. A Pac—
Pur. Com. recpts..
35
73*4
115*2
34^8
Utica
Black River.
Union Pacific.
...
Liabilities.
9%
54
122
55*4
pref.
Liabilities.
19
39
79*2
Assets and
91%
76*2
*115*2
347s
25
27
34^8
19*2
44*2
......
43*8
83*2
72
112
78
8
31
58
88
16
39
75
JUNE
18
3*4
33*8
70*4
25*4
*88
......
33*2
2*2
32*2
July 81, 1887.
,
31%
26%
31%
35%
58*4
151
101
161
161
••••••
393g
67%
83^8
47%
150
101
170
4
26
39*8
2224
28
30%
35*«
51*2
155*4
......
170
Texas&Pac., ass.pd.
Tol. & Ohio Cent
*
—
29*2
Oregon Short Line..
Oregon & Trane-Con.
Do
,
High- Closing Low-
[VOL. XLV
128*8
12 i *4
lz7 *4
Aggregate of debt on which interest has ceased since maturity is $0,101,115 ;
interest due and unpaid thereon, $195,885. This debt consists of a number of
items of which the principal amounts are called bonds, the
principal item
being $4,125,900 called 3
per cents
of the loan of July, 1882.
DEBT BEARING NO INTEREST.
131
Amount.
UNITED STATES
The
the
following statement for
Treasurer,
returns
TREASURY STATEMENT.
was
from
the
office of
issued this week. It is based
upon
the actual
from Assistant
Treasurers, depositaries and superin¬
tendents of mints and assay
the
United States
offices, and shows the condition of
Treasury July 31
for June 30 for comparison :
July,
;
we
give the figures
Old demand notes
$57,130
346,081,016
Legal-tender notes
Certificates of deposit
Less amount held in Treasurer’s cash
Gold certificates
Less amount held in Treasurer’s cash
Silver certificates
8,400,000
113,088,047
18,098.560—
94,990,087
148,175,300
Less amount held in Treasurer’s cash
Fractional currency
’
Less amount estimated as lost or destroyed
...
Aggregate of debt bearing
8,810,000
350,000-
no
Interest
4,209,650- 141,166,141
15,321,083
8,375,934—
6,945,749
$001,300,123
August
THE CHRONICLE.
6, 1887.]
RECAPITULATION.
Interest.
Principal.
$
* $
250,000,000
737,804.950
171,900
Refunding certitlcates, 4s..
14,000,000
Navy Pension fund, 3s..
Pacific RR. bonds, 6 p. ct... 64,623,512-1.066,600,362
Interest-bearing debt—
Total.
t
^XcttJCtarijlCPammerjcial^nflUsh^lcuJS
$
[From
4^s
our own
j
No
7,168,653; 1,073,769.015
6,161,115
195,b85
6,357,000
Debt bearing no interest—
pronounced signs of
return of the
a
have thus far characterized the
times
again talked of.
are
Legal tender notes, &c
Certificates of deposit
Gold certificates
Silver certificates
material
6,945,749-
Total debt
601,300,1231
601,300,123
'
7,364,538 1,681.426,139
1,674,061,600
Less cash items available for reduction of the debt.
...$261,143,7031
100,000,000]
Less reserve held for redemption of U. S. notes
Total debt, less
$361,143,703
available cash items
1,320,282,430
Net cash in the Treasury
45,693,591
j
Debt, less cash in the Treasury, August 1,1887
Debt, less cash in the Treasury, July L, 1837
1,274,583,812
1,279,128,737
Decrease of debt during the month.,
Decrease of debt since June 30.1887.
4,841,891
4,844,894
and
come
yet trade is not
glements.
a
of prosperity
closing half of 1887, and slack
certainly not animated.
fixed with
are
orders do not
144,166,141
Fractional currency
business is
centres
wave
In the leading manufacturing
'
57,130
346,681,016
8,460,000
94,990,087
Old demand notes
correspondent.!
London, Saturday, July 23, 1887.
i
..
Debt on which int. has ceased
163
Values of
certain amount of steadiness, but
forward with the readiness
now
raw
anticipated
;
disturbed by fears of political entan¬
There is, for the time being at least,
want of heart in business transactions.
a
distinct
Speculation has been
further curtailed—a fact about equally apparent iu the
produce
and stock markets.
The
railway traffic returns
tionably not satisfactory, and the
tain much evidence of
revenue
are unques¬
returns do not
con¬
elasticity. It is, indeed, clear that we
which may he partially due to
have met with another pause,
the
holiday
WEEKLY RAILROAD EARNINGS.
season,
hut
that point only
on
a
conjectured
opinion can be entertained.
July quite a number of roads report
As regards the revenue returns, the payments into the
a decrease in earnings—no less than fifteen out of
thirty-eight
—and the ratio of gain for the whole thirty-eight is only Exchequer from April 1st to July 10th were £23,854,393,
whereas last year, when one day more was
about 2% per cent.
included—namely,
In the main the explanation of' this
less favorable showing is that last year we had a very large from April 1st to July 17th—the receipts were £23,934,061.
yield of winter wheat and the movement to market was However, allowing for the extra day, this year's payments
heavy this year the crop is smaller and the movement to
may be taken to show an excess of, roughly, £130,000. This is
market light.
In addition moreover there were two Sundays
not much of a gain for nearly one-third of the financial year ;
in the fourth week this year, against only one Sunday last
For the fourth week of
still it is
year.
some
satisfaction to know that such items
PostOflice and
4 th iceek of
July.
1887.
$
46,217
78,300
52,7 93
Atlantic A Pacific
.Buffalo N. Y. A Phila
Buffalo Koch. &Pittso...
Cairo Vincennes A Chic..
Canadian Pacific
Chicago
Chicago
Chicago
Chicago
17.772
327.000
00,451
A Atlantic
<fc East. Illinois..
40,039
551,000
Mil. & St. Paul..
& West Mich
33.924
00,873
5.940
Cin. Ind. St. L. A Chic
Cleveland & Marietta
Denver A Rio Grande....
Det. Lansing A Northern.
Evansville A India’polis.
Evansville A lerre II
Ft. Worth A Denv. Citj7..
Ind. Bloom. A Western..
...
...
233,000
27,250
0,701
24,010
17,497
57,011
5,005
99,221
Kingston A Pembroke....
Long Island
Louisv. Evansv. ASt. L..
Louisville A Nashvilb*
Louisville N. Alb. A Chic.
Marquette Hough. A Oil
Mexican Centuil
Milwaukee L. *. cVeWest
Milwaukee A Northern...
N. Y. Ontario & Western.
Norfolk A Western..-..
Northern Paciilc
Ohio & Mississippi
Peoria Dec. At Evansville.
St. Louis Ark. A Texas...
St. Louis A Savi Fran
St. Paul A Duluth
Tol. Ann Arbor & No.Mich
Toledo A Ohio Central...
Wabash Western
22,000
442,720
62,805
50,300
104,210
100,100
22,153
4*,721
*
.
73,444
39 4,710
82.350
.
23,044
1
Wheeling cV Lake Erie....
Total (38 roads)
Net increase (2-50 p.ct.).
For the
12*96 per
third
c£ht
on
week
,
03,577
89,400
48,4 75
13,088
Increase.
Decrtase.
*
$
$
of
5,800
certainly does not bid
84.100
39,239
13,554
321,000
41,889
41,250
671,243
38.300
67,231
0,000
18,502
611
120,243
4,376
*
353
m
7,761
21 L,179
•
•
»
1,821
.
21,821
"9,886
37,136
7,224
463
27,583
6,539
65,255
4,403
90,910
18,029
138,379
2,967
-
10,9 58
"7,614
1,202
2,3 >5
49,360
87,057
81,108
18,109
47,42(>
50,719
722
934
17,153
19.052
3,984
1,295
10,725
4 18,000
23,350
4,561
3,474
80,911
27,118
40,482
143,079
42,80 9,2 .3
17,095
21.983
107,598
1SJ78
4bj4«.)J
3,050,848
279,823
*
Prev’ly rep’ted (54 roads) j 3,174,199
Atlantic a Pacific
50,010
j
Chicago St. L. A Pitts
104,280
;
1886.
$
2,841,657
Cin. N. O. <fc Texas Pao... j
Alabama Great So
i
New Orleans A N. E.....
23,929
7,501
31,402
87,903
58,930
10,972
0,582
Vicksburg A Meridian..!
7,511
7,197
VicksburgShrev. A Pac.
Florida R’way & Nav. Co.!
Grand Trunk of Canada., j
Houston A Texas Cent... |
Kansas City Fort S.
G. 1
Kansas City Spr. & Mem. \
Kansas C. Clin. A Spr
j
Keokuk A Western
7,152
15,332
366,690
53,040
47,437
43,996
4,202
4,985
30,804
21,507
17,801
5,333
14,853
310,987
48,469
33,302
24,225
4,082
5,323
24,387
(5,943
15,519
4,038,103
3,574,726
Memphis A Charleston
..
Minn. A Northwestern...
Toledo Peoria A W
Total (71 roads)
Net increase (12-96 p. e.).
50,395
An examination of these statistics
holding
We hear
us prepare
our own,
for
more
generally
prosperous times.
and that is about all that
can
be said.
good deal of contemplated railway extensions of
importance, not only in America, but also in India and Aus¬
a
tralia, to say nothing of the Chinese schemes,which, unfortu¬
nately, still remain in nubibus ; but they have not
present brought our iron trade into
tion.
Of course,
deal to
in the
case
a
up
to the
state of real anima¬
of iron and steel
contend with in the
we
have
a
good
competition of American and
producers, and that accounts for the low prices at
accepted ; but somehow the trade
does not seem to possess much real elasticity.
While we do
not hear of any serious commercial embarrassments, confi¬
dence has certainly not been thoroughly restored.
Whether
the autumn will find us better placed than at present is an
open question.
There is no apparent reason why affairs should
grow worse; on the contrary, they might rather he expected
which contracts have to be
and New
188,218
final statement shows
1887.
are
A fair wheat harvest
in most of the
91,005
........
We
expansion, which is
apparent in the excise receipts, though absent from those
Customs.
to mend.
45,721
5,007
20,7 (/0
also
stamps,
German
3,971
4,341
03.527
203,020
19,374
our
"1,942
19,714
a
gain of
71 roads.
3<7 iceek of July.
19,241
26,976
3,835
4,7 S3
40,428
1,196
/
telegraph service show
1886.
an
as
Increase.
Decrease.
*
374,570
19,148f
$
42,034
10,383!
i
2,535
6,957i
9791
314
1,819
479!
25,7t9j
..."
5,171
14,135.
19,771
480
338
6,417
........
14,564'
2.342!
508,7041
463.3771
45,387
seems
to he calculated upon
important grain-growing districts in the Old
worlds, and
we
shall therefore continue to have
a
cheap loaf, while at the same time there is an abundance of
money available for all legitimate trade purposes.
But what¬
ever change may be imminent in the present position, it can
hardly take place until after the holiday season.
The money market has been quiet,
A certain amount of
firmness was caused by the inquiry for gold for South Amer¬
ica, but this is only an exceptional operation, and will not
exert a permanent influence.
Short loans did not make more
than % Per cent.
The feature in the Bank of England re¬
turn is the increase of £905,990 in other deposits, thereby
raising the total to £27,751,600, being £2,800,000 more than at
this time last year.
The reserve has gained £190,803 on the
week, owing to the decrease of £216,595 in note circulation,
partially contracted by a loss of £25,792 in bullion, that defi¬
ciency being rather less than the sum exported. Practically
the proportion of reserve to liabilities remains the same as
last week, namely, 40*85, against 40*55 per cent.
The amount
of the reserve is now £13,047,323, and the stock of bullion
£22,421,313, showing gains of £1,500,000 and £2,320,000, re¬
spectively, over last year. During the present week about
£600,000 gold has been taken for Buenos Ayres.
The rates for money have been as follows:
a
/or deposits bi
Trade'Bills.
Bank Bills.
“
24
1
July
M
15
2
“
22
2
(a
l}4®
1564
2
8 2
-
1
O
“
Bank
Four
Three
Six
Four
Ttvrei
Month* Months Banks. Call. .Das*
Months Month* Months Month»
June 17 2
-
—
1%®
lK.il H
—
—
-
!l K*
mz - inm
1%&1% W#2
l%@2
2
2
2
1
&
l?-i®
&
-
<fli2%
1
* 1
-1
<»2%
1
U I
-1
1
%;i
-i
2
—2
1*132
2
@2% 2.K&3
following return shows the
England, the bank rate of discount,
compared with the past three years:
-1
H 1 r~l
1K41 :M
The
-1
1
1
<sf>2A 2 A
-
1
@2 A 2 %<$2%
2
-
H
1
1 •>.(><. 2 hj
Circulation,, excluding 7 day
otker bills
Public deposits
Other deposits
and
£
£
1884.
1885.,
25,309,410 25,104,230 25.744,750
5,608,328
5,703.845
4.021.715
24.950.549 33,103,857 26.633,832
17.190,081 15.546.530 17,070.601 13.579,571
19.539,022 19,907,247 22,304.659 22,210,649
13,047.323 LI.543.137 17,516,545 14,560.885
22,421,3131 21,102,547 26.870,775 24.555,635
44% p. c.
-10 85 p. c.
44% p. c.
39% p. c.
25,123.1/9: i
4,007,639
27,751.600
Government securities
Other securities
Reserve of notes and coin
Coin and bullion
(Limited.)
ernment of
£
£
£1,500,000 Treasury bills will be received at the
of England on the 29th inst. The amount now matur¬
The prospectus states that the National Gov¬
forty years from the
opening of the railway in sections 7 per cent per annum on a
capital of £5,000 sterling per kilometre constructed, which, on
the survey length of 314 kilometres, is sufficient to pay 7 per
cent per annum on the shares and 6 per cent per annum on
Co.
1886.
9d. per
'
ing is £880,000, issued early in May last—three months’ bills
at an average rate of 18s. per cent.
There will, therefore, be
an increase of £620,000.
The Bank of Ireland has just declared a dividend of
per
cent for the half-year out of an available balance, including
£4,G43 brought forward, of £157,675, carrying forward £5,367.
Messrs. Antony Gibbs & Sons invite subscriptions for 60,000
shares of £10 each, at par, and for£1,131,375 6 percent deben¬
ture stock, at 96 per cent, of the Midland Uruguay Railway
position of the Bank of
the price of consols, &c.,
1867.
The average price was £97 12s.
Tenders for
7 to 1
At
Stock
Six
full.
cent.
Disc't We
Joint
London
t
for, and above in
Interest allo-toe<-
Open market rates.
i
[VOL. XLV.
CHRONICLE.
THE
164
Uruguay guarantees for
stock.
Commercial Colonization Co. of
the debenture
The
Manitoba (Limited) is
capital of £400,000, one-half to be first issued
2 p. c.
2
c.
2 p. c.
2% p. c.
£ank uu,e
100%
99%
in
£10
11-163.
101
10114
shares, to acquire a large extent of land from the Man¬
Consols
9 1,369,000 92,681,0( 0
136,351.000 134,221.0m
Clearing-House return
itoba & Northwestern Railway Co., with the intention of
The bank rate of discount and open market rates at the improving the value of the same by a scheme of settlement
chief Continental cities now and for the previous three weeks based on the Dominion of Canada Act of 1886.
The fresh capital creations for the week have been:
have been as ioilows:
Reserve to liabilities
formed with
p.
a
LOCAL.
July 1.
July 8.
July 15.
July 22.
Rates oj
Interest at
Bank
Rate.
Open
Market
Bank
Open
Bank
Open
Batik
Rate.
Marker
Rate.
Market
Rate.
3
2%
3
2%
3
1 w,
Q
1
Frankfort
3
1%
3
Hamburg
3
3
m
m
Paris
3
3
2%
x
Q
3
Open
Market
*
2%
^78
3
2%
2%
2%
2
3
m
2%
2A
2%
3%
3%
3
1-H
m
2%
2%
4
4
4
4
4
4
4
4
3*
4
3M
4
3%
4
3%
Bt. Petersburg..
5
5
5
5
5
5
5
5
Copenhagen....
3
3
3
3
3
3
3
3
Brussels
2%
3%
1«
2%
3%
Madrid
4
Tlenna
Amsterdam
Messrs.
3
3
‘
(Limited), £100 5 p. c. 1st M.
Prince's Mansions Co.
debent’s. £400,000
100,600
70,000
cent
preferred shares
30.000
"Edgbaston Brewery Co.(Limited)—Bi> mingham—5 p. c. deb’s.
25,000
*Ossidiue ( ’ole’s Patent) (Limited). £1 shares
60,OjO
"Metropolitan Mineral Water Co. (Limited). £1 shares
"Edgbastoa Brewery Co. (Limited)—Birmingham—£1
nary shares
*Edgba*ton Brewery Co. (Limited) ^Birmingham—7 per
"Lorenz Ammunition
*
To
& Orduanco Co.
ordi¬
(Limited), £3 shares..
250,000
acquire existing business.
FOREIGN'.
Central Borneo Co. (Limited), £L shares
Midland Uruguay Railway Co. (Limited),
do *
do
do
do
issued at 96 per cent
£10 shares
6. p c. debentures,
£100,000
600,000
1,131,375
COLONIAL.
Pixley & Abell write as follows on the state
Colonization Co. of Manitoba (Limited),
(being one-half of capital), £10 shares
Business in wheat has been very quiet, but the
of the
Commercial
first
£200,000
market has
Gold has continued in demand for Germany throughout tlie week
not been devoid of a certain amount of steadiness.
It is a
Tne export to New York ceased after the departure of last Thursday's
steamer.
The arrivals comprise £7,OoO from the East and £4.000 from
feature favorable to holders that the market should exhibit
the (’ape. The Peninsula Sc Oriental steamer has taken £10,000 to
India.
firmness.
The fresh supplies offered in the markets have been
Silver has improved to 44q, d., following the rise, in the Indian Ex¬
Foreign importations have been quite up to the
changes, and assisted l>y the high rate at which the India Council Were fairly good.
enabled to sell their bills yesterday. The only arrival of importance
average,
but
home
deliveries were not large. Farmers do not
has been £--.8,000 from New York.
The Peninsula A Oriental steamer
lias taken .£85.000 to India.
appear just now at all anxious to force sales, notwithstanding
Mexican Dollars have followed the rise in silver, and in the absence
the splendid weather for the crops.
Values are certainly
of supplies the price is to-day quote! at 43%d. per ounce.
keeping up pretty well. The imperial average for last week
The quotations for bullion are reported as follows:
This is certainly Is. 4d. per quarter less than a
was 34s.
SILVER.
GOLD.
month
ago, but is 6d. per quarter in advance of the price
London Standard.
<7-6/21. July 14.
July 21. July 14.
London Standard.
quoted at the middle of May. The average price for the sea¬
d.
(i.
d.
44 1-16
44
7-16
silver
9
Bar
son is 33s., against 30s. 8d. per quarter last season, or 2s. 4d.
77
77
9
Bar gold, fine.. .01.
Bar ailver.containBar gold, contain’g
per quarter more.
Farmers, therefore, must have done better
44 7-16
44%
77 10
ing 5 grs. gold.oz
20 dwts. silver.oz. 77 10
over
their
wheat,
and
that will be some compensation for
47
15-10
47%
Cake silver
Span, doubloons.oz.
issue
bullion marker.
.
<1.
8.
B.
oz
oz.
...
Mexican dols.. .nz.
8.Am.doublnons.(>*.
barley and oats.
following-shows the imports of
United Kingdom during the forty-six
43%
their losses
on
cereal produce into the
agents for the Colonies have placed the 4 per
weeks
of the season.
cent loan for the Government of Mauritius at an average of
IMPORT*.
£100 9s. 2d. per cent.
The rates varied from £100 (the mini1886-87.
1885-86.
1884-85
1883-84.
CWt. 45,9-11,348 41,140,623 49.7^3.700 45,139,882
mum) to £103 Is. per cent. Tenders at £100 7s. Gd. receive Wheat
Barley
15,076.250 9.324.6 >0 15.367.170 13.653,725
about 00;{4 per cent, and those above that rate in full. Oats
9,3s.>.855 11,430,975 11.270,694
12.066.265
2,320.666
1,826 98 4
1,786,564 1,544,784
The invitation for subscriptions to the £4,000,000 5 per cent Peas
Beans
3,1 4,383
2,763, U2
2,299,249
2.797,328
26.682,559 27.3l;,7*<0 24. 3^,717 25,277.471
preference stock of the Manchester Ship Canal does not appear indlan corn..-.
15,204,9 44 12.606,995 15,130,141 13 381,628
to have met with a ready response.
In London, so far as can Flour
be ascertained, the subscriptions have been few and far
Supplies available for consumption (exclusive of stocks on
between, and although the scheme has met with better success September 1):
1884-85.
1886-87.
1885-86.
1883-84.in the provbiccs, it is understood that the aggregate of the
imports of wheat.owt.45.981,3 18 44.140,623 49.763,7- 0 45,439, 82
of flour
15.201,944 12,606,995 15, 3q, li 13,. 81,628
applications i only some £2,000,000, or one-half of the sum Imports
^nles of home-grown. 29,84 ,663
38,497,399 37,610,557 37,488,807
required. The shares are nominally quoted at a fractional
Total
91,026,9)5 95,245,017 102,504.368 96,311,317
The
The Crown
......
discount.
1886-87.
ing from the minimum of £9G to £98 Is.
Aver,
Aver,
Gd. * Tenders at £97
will receive about 99 per cent of the amount applied for.
and those above that price in full. The average was £97 4s. 7d.
os.
per cent.
The subscriptions
per
18S4-85.
1883-84*
price wheat.... ..week. 34s.
price wheat.....season. 33s.
Wheat
qrs.
Floor,equal to qrs.
Maize
to the £50,000 Wellington Harbor Board
of £59.400, at prices
.qrs.
JRiitfllsb
cent debentures reached a total
ranging from the minimum of £95 10s. to £100 5s. Those
at £97 10s. will receive about S5 per cent of the amount applied
1885-86.
04. 3Lh. 04. 33s. lid. 37s. Id.
Od. 30s. 84. 33s. 24. 38s. 74.
flour and
The following shows the q"antities of wheat,
maize afloat to the United Kingdom:
£300,000 Cardiff Corporation 3^ per
cent redeemable stock amounted to £820,100, at prices rang-"
The tenders for the
27/i.? week.
Lust week.
r.876,000
1,934,000
146.000
41 >.000
13 4,000
371.000
I
1385.
2.037,000
18 logo
3 -2.OO0
1 4 -..GOO
334.000
Financial Rarkein-Per Canle.
for securities, <fcc., at London
follows for the week ending Aug. 5 :
The daily closing quotations
are
1886.
1,83 1,000
reported by cable as
August
Mon.
Sat.
London.
d.
Silver, per oz..
L65
THE CHRONICLE.
6, 1887. J
CjusoIs for money
Consols for account
Fr'ch rentes (in Paris) fr
U. B. 4%s of 1891
U. 8. 4s of 1907
...
Canadian Paoiflo
Chic. Mil. «fe 8t. Panl....
Erie, common stock....
Illinois Central
Pennsylvania.... ......
Philadelphia <fe Heading
New York Central
44 %
443s
443s
lOli-V
1OU>10
10UG*
lOlUix
81-17ia 81*271* 81*37^
!
1113i
11134
13038
130%
57 73
5818
a
0
83i*
841*
30%
3034
P
126%
126
57%
57*4
J
28%
27
111
:
111%
■
44%
44%
44%
lODh*
101%
Coinage by United States Mints.— The following state¬
ment, kindly furnished us by the Director of the Mint, shows
Frt.
Thurs.
Wed.
Tues.
10 i%
Wl^e
101 >!.
101%
81-37% 81-35
111^
111^
130%
130%
58%
5-%
83
81%
31%
30%
1263*
126%
57%
57%
28%
27%
11034
11178
the coinage "at the Mints of the United States
of July and for the seven months of 1887 :
81-32%
112%
Seven Months of
July.
l3o^ ;
during the month
Pieces.
126%
Double
56%
416,0 40
1,778,041
500,000
660,000
50,000
172,000
Half eagles
Three dollars
112%
following bank3 have recently been
493
255
167
493
3,702-
222,000
2,224,781
13,352,605
Standard dollars....
Half dollars
;
eoo.ooo
600,000 L7,906,470
17,906,470
470
470
235
118
5,025,301
502,530
600,000 22,932,711
18,409,353
7,721,112
386,056
1,82 L
21,162,343
214,623
(29.165,276
600,734
|.5 1,142.763
32,362,592
Dimes
Caoital, $50,000.
Co veil C. Royce, President;" Frank C.' Back, Cashier.
-TJie Farmers’ National Bulk of Hillsboro. Texas.
Five cents
Three cents
One cent
Total minor
.
Revenue.—Through the courtesy of th8 Sec¬
retary of the Treasury, we are enabled to place before our
readers to-day the details of Government receipts for the
month of July, 1887, the first month of the new fiscal year.
The figures for the corresponding period of 1886 are given for
comparison.
000s Omitted.
Cus¬
lnter'l^Misc'ls
Rev'uc'^ Sourc's
f
0.769
July
|
'Total,
1
2.832
Cus¬
Inter'l Misc'Is
toms.
Rev'ue So urc's
17,809
Total.
Norn —T he small coinage of standard silver dollars (luring tlia
month of J uly is due to the shutting down of the Mint at Philadelphia
for necess ary repairs.
Operations have now been resumed.
$
2,2oS
9,480
29,637
Banks.—The following interest¬
ing statement, furnished by the Comptroller of the Currency,
shows the amount of each class of bonds held against national
bank circulation and to secure public moneys in national bank
depositories on Aug. 1. We gave the statement for July 1
in Chronicle of July 9, page 44, and by referring to that
the changes made during the month can be seen.
U. S. Bonds Held A
Description of Bonds.
Public
3b, Act July 12, 1882...,
Currency 6s
4*3 per centa
cents
Total
ujust 1,1887, to Secure—
Bank
Deposits
Total Held.
hi Banks.
Circulation.
$750,000
175,000
9,694,500
15,987,500
$1,349,3 0
3,176,000
69,0;9,500
115,890,950
■:a
the hrst week in January :
78,724,000
131,878,450
$26,607,000
$189,445,8)0
$216,052,800
1885.
For Week.
together with the amounts outstanding August 1,
Amount outstanding
$8,437,224
$7,355,64$7,903,132 $10,086,297
I
!
$69,0)6,007
186.693,292
$55,976.576- 800,76 >,308
*70,771,6 >2
161,949,7L >! 193,553,262, 20L.723 88J
Total
Since Jan. 1,
in our report of the dry goods trade will be found the im¬
ports of dry goods for one week latei.
The following is a statement ol the exports (exclusive of
specie) from the port of New York, to foreign ports for the
week ending August 2, 1837, au i from January 1 to date:
EXPORTS FliUM
MEW
YORK
FOU TUB
WBBiv.
For the week...
$0,830,561
reported..
172,705,509
Prev.
Total 30 weeks.
fhe
1887.
1996.
1.-83.
1984.
$6.21 3,906
193,917, .#91
1
$7,331,071 j
$7,340,027
/1,594, Jt)9 168,41.5,923
$179,533,070 $190,136,837 $179,929,930 $175,755,950
of specie
following table shows me exports and imports
of New York for the week ending July 30, and
January 1, 1887, and for the corresponding periods .n
at the port
since
17 86
and
EXPORTS AND IMPORTS OF HPSaiKS A.T
NEW XOUiL.
$G04,‘280
...
August 1,1887*
..
=-reat Britain
•'ranee
hjrmany
VauT. Indian
$107,33 4,4 ;.3
?2,794,821
3,22s,140
Ifcxieo
.outh America
Ui other countries..-
Circulation of national gold b inks, not
included above, $249,754.
According to the above, the amount of legal tenders on
deposit Augu-t 1 with the Treasurer of the United States to re¬
deem national bank notes was $106,901,094. The portion of this
deposit made (1) by banks becoming insolvent, (2) by banks
going into voluntary liquidation, and (3) by banks reducing or
retiring their circulation, was as follows on the first of eacii of
1867
Total 19 86
Total ?8<5
Silver.
Britain
France
*reat
May 1.
Ineolv’t bks.
$
898,658
8,996,171
Liquid’# bks.
June 1.
78o,360
$
812,256
8,809,2-6
8,582,62o
$
July 1.
$
77.5,927
8,289,772
August 1.
$
810,501
8,208,541
Red’c’# uudr
act ol* ’74.*
91,950,11c 94,120,719 93,397,281
Total
10184 (94
>
98,268.714 97,882,052
10371530.5 102792157 107,334,413 106901094
Act of Juno 20, 1874, and July 12,
1882.
$88,018
17,*5 7
968,101
8,460
2,343,017
2,000.
2,200,102
454,739
5,996;
.
....
23,330
1
9001
....
jt3'.i >,1 il
$2,177,704
1,507,165
1,413,792
1,627,824
8,690
176,179
96,914
$7,005,158
3,1)6,162
$35,440
$6,071,861
23.565
36,964,072
18,900
6,32J,163
$269,100
$5,218,070
10,750
634,623
1.379
2.050
15,:; .7
3 8,022
5,836,595
$210,692
Vest Imi’es
4exioo
loath America
\lt other countries...
18,645
116,640
139,255
16,581
59,305
2,9*65
5,941
33,619
3 0,650
146,715
3-0,074
54,428
198,686
331,955
Total 1887
Total 1836..’.....
Total 1885
$306,686
$6,208,993
6,2 >8,652
$36,533
$1,323,929
term an
the last five months:
April 1.
j Since Jan. 1
$355,255
$500
3,150
433,319
$106,901,091
_notes August 1, 1887
•Vcek.
2,759,231
$276,204,523
..
Since Jan. 1.
Week.
3,363,511
deposit to redeem national bank
Deposits by—
Imports.
Gold.
I-*cai
*
$250,318,5 79 $272,493,312
h'xpomt.
Legal Tender Notes—
on deposit to redeem national bank
notes July 1, 1887
Amount deposited during July
Amount re-issued A b’nk notes retir’d in July
*
5,523.3071
Total 30 weeks. $254,699,299 $217.8 >6,2 ) L
$278,963,754
1887
Amount
on
1997.
$3 070,074
7,016,223
$2,206,186
5.633,84 i
•
National Bank Notes —
Amount outstanding mlyl,
Amount issued during July
Amount retired during July
Amount
|
1836.
$2,332.3371
Gen’l merMise..
+en'l mer’dise..
|
$3,125,073
5,312,15 L
Dry Goons
Dry Goods.;
yokx.
tvr new
3,351,000
and the increase or decrease during the month; also the changes
in legal tenders held for the redemption of bank notes up to
August 1:
general merchandise. The
against $8,392,673 the pre¬
ceding week and $8,126,866 two woo kb previous, foe exports
for the week ended Aug. 2 amounted to $7,340,037, against
$3,883,075 last week and $7,218,259 two weeks previous. The
following are the imports at New York for the week ending
for dry goods) July 28, and for the week ending (for gen¬
eral merchandise) July 29 ; also totals since the beginning of
increase in both dry goods and
total imports were $10,086,297,
$2,099,3*0
Changes in Legal Tenders and National Bank Notes to
August 1.—The Comptroller of the Currency has furnished
us the following, showing the amounts of national bank notes
July 1,
of last
compared with those of the preceding week, show an
Imports and Exports for the Week,—The imports
week
PoniiiaN imports
t
f
*
1
30,815-
*
Bonds Held by National
}
j
55
•
1886.
toms.
1.960, ) >
822.000
Total coinage
Government
1887.
600,000
Total silver
Capital,
$50.00 >. J. D. Warren, President; R. P. Edrin^tou, Cashier.
3,763- -The Fust National Bank of Re.novo, Penn. Ca »ita*, $50,900.
James A. Williamson. President; W. B. Reilloy, Cashier;
3,7Gi- -The Plano National Bank of Plano, Texas. Capital, $30,000.
Cashier,
Geo. \V. Bowman. President;
3,765- The Fiist National Bank of Greenville, Miss. Capital, $100,000.
James E. Negus. President; Thomas Mount, Cashier.
3,7G6 Ttie Bryn Mawr National Bank, Penn. Capital. $50,000. Ham¬
ilton Egbert, President; A. A. Cadwallader, Cashier.
3,767 The Thomasville National Bank, Georgia. Capital, $100,000.
8. L. Hayes, Piosident; James A. Brandon, Cashier.
4 per
1,360,000
Quarter dollars
3,761- -The First National Rank of Escanaba, Mich.
8,890,210
85
67
gold
:
4.450,100
“
Dollars
Total
^1,080
54
eagles
Eagles
28%
©otttuicvctalaixd miscellaneous flews
organized
Value.
Pieces.
Value.
‘
31%
Quarter eagles
National Banks.—The
18S7.
Denomination.
58%
84%
1
c
mo,240
GO, '34
10,334,470
2,919
6
',3 >7
16,6711
937,972
1,094,259
1887 $2,900 were
silver com. Of the
time $8,4o0 were American gold
Of the above imports for the woe*** in
American gold coin and $3,975 American
exports
coin and
during the s.itne
$2,655 were Ameiican silver
United States
coin.
Sub-Treasury.—The following table show
receipts and payments at the Sub-Treasury in this city, a
well as the balances in the same, for each day of the past week
the
CHRONICLE
THE
166
Balances.
Date.
Receipts.
$
July 30
Aug. 1
1.039,363
1,690.713
“
2
“
3
1.944,929
1,313.671
“
4
5
“
Total
.
1,640,786
997,671
!
8.627.133
Payments.
Coin.
$
$
Coin Ctrl's.
$
12,300,692
12,789,773
13,537,334
13,666,610
1 434,706
134.998,110
1.144,6159 135,051,596
1,136,708 135,011,279
1.092,173 135,078.436
1,343,906 134.844,751
1,086,422 134,791,617
7.239,574
14,183.697
14,188,059
fVOL XLV.
the entire capital stock of the new company, except such
as may be necessary to fill local subscriptions and 50
per cent, or $500,000, in second mortgage income bonds of
the new company.
The St. Louis Alton & Terre Haute
Railroad Company will lease the Chicago St. Louis & Paducah
Railroad for 980 years, at a rental of 30 per cent of the gross
earnings of the latter company, with the guarantee of a
minimum rental suffiient to secure the payment of interest on
the first mortgage bonds.
These bonds will be issued to an
extent of not over $1,000,000, to run for thirty years.
Stock¬
pany
Currency.
$
12.529.929
12,533,411
12,634,393
12,659,457
12,667,935
12,632,956
1
Secretary Fairchild’s Offer to Prepay Interest and Purchase Bonds.—The following is a copy of Secretary Fairchild’s notice issued Wednesday of this week :
Treasury Department, Office of the Secretary, )
Washington, D. C., Aug. 3, 1887.
f
By virtue of the authority contained in section 3,699 of the
Revised Statutes of the United States, notice is hereby given
that the interest due Sept. 1 and Dec. 1, 18S7, on the
per
cent bonds of the United States; Oct. 1, 1887, and Jan, 1,
1888, on the 4 per cent bonds, and Jan. 1, 1888, on the bonds
issued in aid of Pacific railroads, will be prepaid on and after
Aug. 15, 1887, with a rebate at the rate of 2 per centum per
annum on the amounts prepaid.
Coupons due on the above
specified dates may be presented for prepayment at the
Treasury of the United States in Washington, or at the office
of any Assistant Treasurer of the United States. Application
for prepayment of interest on registered bonds may be made
to the Secretary of the Treasury in the form prescribed below.
Registered bonds upon which interest has been prepaid may
be transferred upon the books of the department in the usual
manner, if accompanied by a release, signed by the new
owners, of all claim to the prepaid interest, and the depart¬
ment will furnish to owners, on application, certificates that
the interest on their bonds has or has not been prepaid, as the
case may be.
Notice is also given that in pursuance of the provisions of
section 3,694 of the Revised Statutes, proposals for the sale to
the Government of United States
per cent bonds of 1891,
acts of July 14, 1870, and Jan. 20, 1871, to be applied to the
sinking fund, v ill be received and opened at the office of the
Secretary of the Treasury, in Washington, at noon on Wed¬
nesday, Aug. 10, 1887, and on each Wednesday thereafter
until further notice. Proposals should state the specific char¬
acter of the bonds offered, whether registered or coupon, and
must be for the sale of the bonds with accrued interest to and
including the day of sale, whether interest thereon has or
has not been prepaid, and adjustments of prepaid interest on
bonds purchased under this circular will be made when pay¬
ment for the bonds is made.
The right is reserved to reject
any or all proposals for the sale of bonds, if it is thought to
be for the interest of the Government to do so.
C. S. Fairchild.
Central of New Jersey.—This company gives notice to the
holders of the adjustment mortgage bonds that out of the
amount
holders of the St. Louis Alton & Terre Haute
Wabash.—It
Hartford & Connecticut Western.—At Hartford
is
Minnesota & Northwestern.—This company on August 1
opened its npw line from Freeport Junction, III., to Chicago,
joining the Wisconsin Central nine miles out, and coming into
Chicago oyer the Wisconsin Central’s tracks. Through trains
with elegant cars, and this enterprising company will
undoubtedly take its full share of business.
New York Stock Exchange.—The following securities have
been placed on the Stock Exchange list:
Duluth & Manitoba Railroad.—$1,650,000 first mortgage
sinking fund 6 per cent gold bonds.
Northern Pacific Railroad—$4,640,821 dividend scrip and
dividend scrip extended. Engravtd certificates of $500 and
$1,000 only will be a good delivery.
Keokuk & Western Railroad.—$4,000,000 common stock.
Central Pacific Railroad.—$12,000,000 bonds of the com¬
pany, to be known as the “ Central Pacific mortgage bonds of
on
—The “Boston News Bureau” is the title of a
ancial Summary, issued at 70 State Street, Boston,
daily Fin¬
under the
management of Mr. C, W. Barron. The experience of Mr,
Barron on the financial column of the Boston Transcript for
some years, and his thorough familiarity with the financial
markets, peculiarly fit him to conduct this publication, of
which the numbers thus far have been full of fresh news items
such as stockbrokers most require in their offices. The sub¬
scription price by mail (including letter postage) is $1 50 per
month, and it will be well worth the money to all persons in¬
terested in the financial and railroad
is the headquarters.
retain the
same.
—The
Daly Mining Company announces a dividend of fifty
payable July 30, at the office of Messrs,
Lounsbury & Co., Mills’ Building, on the 30th inst.
cents
per share,
Central Railroad & Banking Company of Georgia.—
$5,000,000 collateral trust 5 per cent 50 year gold bonds.
Fort Worth & Denver City.—1st mortgage bonds, Nos.
to
$1,150 Citizens’
100*4
128
122*3
123*9
Insurance
78
Co. Scrip
$1,14*J Citizens’
Co. Scrip
Insurance
77
auking and ffinaactal.
United States Government and other desirable
SECIJRITIE S
FOR
INVESTORS.
All stocks and bonds listed on tbe New York Stock
and sold on commission for cash.
Exchange bought
Deposit accounts received and interest allowed on monthly balances
subject to draft at sight.
HARVM
28
FISK
Nassau Street,
&
SONS,
New York.
SARATOGA, NrY., GAS 6c ELECTRIC LIGHT CO., 6»#
CKAWFORDSVILLE, IND,, WATER WORKS CO., 6l.
HELENA
RED
6c
MOUNTAIN, 6s (No. Fac. guarantee).
JERSEY
CITY OF
CITY, registered, 5s.
OMAHA, NEBRASKA, 6s.
TOWN OF
SALINA, N. Y., 4s.
$5,800,000.
.
Missouri Kansas & Texas.—General consol. bond9, Nos.
to
815,000.
COFFIN & STANTON, Bankers,
10, 11, 12 o.h«1 13 Mortimer Building, Wall Street,
We beg to offer subject to Sale, at Par
45,815 inclusive, $690,000 making total listed $35,-
Chicago Rock Island & Pacific.—1st moi tgage extension
and collateral 5s, Nos 10,861 to 11,800 inclusive,
$1,000,000,
making total listed $11,8G0,< 00.
St. Louis Alton & Terre Haute.—The builders of the Chi¬
cago St. Louis & Paducah Railway Company have agreed to
deliver to the St. Louis Alton & Terre Haute Railroad Com¬
N. Y.
and Interest,
$16,500
5,936 inclusive, $320,000, making total listed $5 936,-
000 ; on August 31, $400,000 stock will be listed, making total,
Shares.
10 Firemen's Ins. Co
10 Hamilton Ins. Co
8 Stuy vesant Ins. Co
5 Second Ave. RR. Co
Shares.
17 N. Y. Life Ins. & Trust
Co.
570*4 *576
115 Citizens’ Ins. Co
112*3
111 Citizens’ Ins. Co
112
1000 8utro Tunuel Co..37c. per sli
10 City Fire Ins Co
.
115
10 Am. Bk Note Co...$35 per sli
30 Guardian Fire Ins. Cj.
63
week afc
this
Auction Sales.—The following were sold
auction by Messrs. Adrian H. Muller & Son :
FOR SALE BY
Minneapolis Sault Ste Marie & Atlantic Railway..—
$2,730,000 first mortgage 5 per cent 40-year gold bon fs ; $2,426,000 common stock and $2,426,000 preferred stock.
45,126
for which Boston
good and William A. Lottimer in to-day’s Chronicle of the
number and description of bonds that they inform the public
were unlawfully abstracted from the estate of William Lotti¬
mer.
All persons are consequently forbidden to purchase or
1936.”
5,617
news
—Attention is called to the notice of Messrs. John Blood-
are run
_
by
Sept imber 1 on all bonds of the Wabash
except the Hannibal & Naples and the Chicago divisions.
Conn.,
August 1, the change in the management of the Hartford
& Connecticut Western Road was effected by the election
of Mr. James W. Husted, of New York, to the Presidency.
This action practically places the road in the hands of the
Pennsylvania & New England Construction Company.
offered the
stated that another coupon will be paid
Receiver McNulta
total issue of
$5,254,000, dated May 1, 1878, $4,569,600 have
accepted the proposition of the company, leaving only $684,400 outstanding, which will be paid at par and accrued in¬
terest at the Cential Trust Company on or before Sept. 1.
are
privilege to subscribe, pro rata, to their holdings of common
or preferred stocks, for the first and second
mortgage bonds
of the new company, on the following basis r Each 100 shares,
on payment of $2,000 cash, one block of $2,000 first mortgage
30-vear 5 per cent gold bonds of the Chicago St. Louis &
Paducah, guaranteed, and $1,000 in the second mortgage in¬
come 5 per cent bonds of the Chicago Sc. Louis & Paducah.
UNION
FREE
SCHOOL
DISTRICT
NO.
1,
NORTH DANSYILLE, NEW YORK, 4 PER CENT BONDS,
DATED
JUNE 1, 1887.
$1,500 due iu 1888 aud $2,000 each year thereafter until paid.
Interest aud principal payable annually at the
National Park Bank, New
York.
Assessed Valuation,
-----Population, -------Total 1 udebtedness. including this Issue, We look upon
$1,300,000
1,500
26,500
this security as being as safe as a Government
GILLETT,
Street, New York.
GRISWOLD
No. 3 Wall
<fc
Bond,.
.
THE
6, 1S87.J
August
167
CHRONICLE
bank, $1 50 premium; &t.
JJIxje 'jfyunk&vs* (gazette.
discount.
The rates of
™
Louis, 75c. discount Chicago, 60c;
leading bankers are as follows:
DIVIDENDS*
The following
Name
dividends have recently been
Per ;
Cent.
of Company.
Railroad*.
Chicago A Wo-t Michigan
Danbury A Norwalk
Detroit Lansing & Nor., pref
Illinois Central...*
Kans. City Ft. Scott
“
“
Marq. Houghton A
A Gulf, prof
“
cum
Onton., pref..
Rank*.
Bank of the Manhattan
Insurance.
Co
-Miscellaneous.
United States Express Co.
announced:
Books Closed,
(Days inclusive.)
When
Payable.
4
6
5
Aug. 11
Aug.
to Aug.
to Aug.
to Aug.
1
to Sept.
15 Aug.
8 to Aug.
15 Aug.
8 to Aug.
15 Aug. 10 to Aug.
34
Aug.
10
4
On deni
1
Aug.
14
34
34
Aug.
4
2
3
Aug.
Sept.
Aug.
Aug.
15 Aug.
15 Aug.
15 Aug.
Aug.
1 to Aug.
Prime bankers’
sterling bills on Lon ion 1.
commercial
Documentarv commercial
Prime
13
16
13
4
13
13
16
9
Paris (francs)
Amsterdam (guilders)
Frankfort or Bremen (reichmarks)
4 85
4 824
804 $4 80s4
4 80
d>4 SO1-!
5 23-14 3 5 23 b* 5 2’78®5 21^4
401i«®404
397s #39
94 4 $945*
9478$95
4
Coins.—The following are quotations ingold for various coins:
$4 85 a $4 89
Silver 4s and bjs. —99^4 </> —
—93
— 95
Napoleons
3 88 do 92 jFive francs
Sovereigns
a
4 78
4 00
Mex. D.uibloons..15 55
Fine gold bars
par
Fine silver bars... —56
a
Dimes A Lj dimes. — 994$
par.
X X Reichmarks..
X Guilders
4 74
3 96
Span’ll Doubloons 15 55
5 to Aug. 15
Demand.
Sixty Days.
Any list 5.
a)
[Mexican dollars..
—
754$
—
76kj
| Do uncommere’l —744 w — 76
Peruvian sols
—73 a) — 74
a 15 70
a 15 65
[English silver
4 SO <7 4 85
®4prem. U. 8. trade dollais — 993|c> 100
jU. S. silver dollars—99‘4$ 1 00
I
WALL STREET, FRIDAY, Aug. 5, 1SS7-3 1*. 31.
United States Bonds.—Government bonds have been mod¬
The Money Market and Financial Situation.—The circu¬ erately active and somewhat irregular in tone. The 4^s have
been firm, but the 4s are a trifle lower than a week ago.
The cir¬
lar issued by the Secretary of the Treasury this week was im¬
cular of Secretary Fairchild, offering to anticipate the payment
portant as an evidence of his purpose to disburse funds in some of interest on the 4s and 4-Js up to January 1, 1888, with a 2
way so that his accumulation of money shall not embarrass
per cent rebate, and also soliciting proposals for the sale to the
business transactions.
Government of the 4-£s due in 1891, has naturally been a
The advance to 3 per cent in the Bank of England rate is a
influence.
good sign if it was warranted by any improvement in business strengthening
The closing prices at the N. Y. Board have been as follows:
there; but if it was merely precautionary, to prevent specie
(quar.)
1
Aug.
15
Aug.
97
1
I
going out, it is of less significance.
|!
A ug.
A ay.
A ay.
Interest July
Any. | Any.
Another coup has come to the commercial speculations by
4.
3.
5.
3 ).
1.
I Periods
] 2.
the collapse of the wheat corner in San Francisco—and this
*10?
*103
seems to be the last of them.
The year 1887 will be rather 44s, 1891
reg. |Q.-Mar. *10814 *x0714! 10714 107r,8
*1094
109
10814 IO8I4 10814 109
44s,
1891
coup.Q.-Mar.
memorable in the annals-of speculation for the disastrous fail¬
|*126l4 *126 4 *12 7 *127
rcg. Q.-Jan. *1274 127
4s, 1907
*127
12t>78 127
*1274
127
ures in the clique efforts to balloon coffee, cotton and wheat.
1274
4s, 1907
coilp. Q.-Jan.
*122
*122
*122
*12 2
*122
j*122
reg. J. A J.
The decline in stocks last week and this, lias brought many 6s, cur’cy,’95
*124
*121
*124
*124
.*124
6s, cur’cy, ’96
reg J. A J. *124
*127
*127
of the leading favorites down to the lowest prices made during
*127
1*127 *127
6s, cur’cy,’97
reg. J. & J. *127
*130
*130
*130
*130
1*130
the current year, and lienee if there is a fair anticipation of more 6s, ciu’cy,’98
reg. J. A J. *130
*13 L 4 1*13 L
*1314
68, cur’cy,’99
reg. J. & J. ’132 1*132 1*132
activity and better prices in the early autumn, the recent decline
This is the price bid at the morning boaid; no sale was in ide.
has been such as to invite purchases.
In this respect the
market has been different from what it was in the spring and
State and Railroad Bonds.—State bonds have been very
early summer. Then the stagnation was prolonged and busi¬ dull, the sales reported at the Board being very limited, and
ness wTas dull enough, but there was never any such fall in
confined to few issues, in which the prices have not changed
prices that one could say the market offered any great induce¬ materially.
ment to come in and buy on the prospect of realizing handsome
The railroad bond market has followed the course of stocks
protits. The future course of prices is necessarily uncertain, very closely, though there has been no special activity in
but the crops are now pretty well assured, and the outlook is bonds.
In fact, during the most active speculation in stocks,
favorable.
bonds were rather neglected, though the business for the week
The open market rates for call loans during the week on is about up to the
average. The tone of the market has been
stock and bond collaterals have ranged from 3£ to 0 per cent. decidedly unsettled and irregular, and many classes, especially
To-day the rates were 4@G per cent. Prime commercial paper the lower-priced ones, have been quite weak and declining. The
is quoted at G@64 per cent.
most conspicuous weakness was in the following: Fort Worth
•
The Bank of England weekly statement on Thursday showed
A Denver lsts, Richmond A Allegheny lsts, Ohio Southern in¬
a loss in specie of £773,000, and.the percentage of
reserve to comes, Green Bay incomes and Texas A Pacific income and land
liabilities was 38*18, against 40 last week; the discount
grant. There was more or less recovery from the lowest prices,
rate was advanced from 2 to 3 per cent.
The Bank of France in sympathy with a better stock market, and the tone of the
market was stronger during the latter part of the wTeek.
gained 200,000 francs in gold and 2,000,000 francs in silver.
The
The New York Clearing House banks in their statement of
only class in which there lias be-11 much activity is Fort Woith
July 30 showed a decrease in surplus reserve of $300,350, A Denver lsts, most of the list being dull.
the total surplus being $8,130,975, against $8,497,325 the pre¬
Railroad and Miscellaneous Stocks.—The business at the
vious -week.
Stock Exchange has been more active during the past week, and a
The following table shows the changes from the previous
much unsettled and demoralized condition of affairs lias pre¬
week and a comparison with the two preceding years in the
vailed. The weakness which set in last week made further pro¬
averages of the New York Clearing House banks:
gress and prices were forced down still lower by persistent bear
pressure. In most of the leading stocks, and in fact 011 a large
1885.
18S6.
Diffr'nc's fr'm
i
1887.
Prev. Week.
Any ust 1.
July 31.
part of the list, the lowest prices of the year were made, and
1
July 30.
during the vigorous hammering of the bears there seemed to be
$
$
I
$
'
*
.
*
45/00 354.327.400 306.309.900
disc’ts. 355,294.800 Inc.
61,27 4,200 115.493.900
75,648,000
Dec.
1,385,700
Ppp.r.ipi
9,675.200
7,85 4,000
8.10 \100 D c.
16,300
Circulation
361,705,700 Dec.2,585,800 377.703.100 383,001,600
Net deposits
22,924,4 Ollnc. 372,900 43,033,300 44.980,6’JO
Legal tenders
Dee. 646,450 94,425,775 95,750,400
Legal reserve
98,572,400 1 Dec. 1,012,S00 107.304,500 160,474.500
Reserve held
Loans and
90,441.4251
Surplus
8,130,975 Dec.
366,350
12,878,725
64,724,100
Exchange.—Sterling exchange has been dull, the demand
being very limited all the week. The tone has been somewhat
unsettled and rates weak, owing to the free offerings of bankers’
bills drawn against foreign purchases of stocks and bonds.
Posted rates have been reduced, the GO-day rate lc. and short
rate -£c., and are to-day 4 82£ and 4 85. This reduction renews
the talk about gold imports, and a small amount is reported,
but the advance in the Bank of England rate may have some
effect in checking shipments of gold from London.
To-day the rates on actual business were as follows, viz.:
Bankers’ 00
days’ sterling, 4 81£@4 82; demand, 4 84:|
@4 84£. Cables, 4 84^4 84£. Commercial bills were 4 80£*4
4 81; Continental bills were; Francs, 5 23f;&5 24| and 5 20f;
reichmarks, 944@94£ and 15 3-10; guilders, 39 15-1G@40
and 40£.
The following were the rates of domestic
York at the under-mentioned cities to-day:
par;
exchange on New
Savannah, buying
selling
premium; Charleston buying par; selling
premium; NewT Orleans, commercial, 25@50e. premium;
little or 110 resistance to the decline.
There have been rallies,
however, and at times these reactions were quite sharp. The
first important rally occurred on Thursday, when a decidedly
better feeling prevailed, and the purchases in the morning,
both to cover shorts and for the long account, were active.
The circular of Secretary Fairchild led to an easier feeling in
regard to the future of the money market, as it showed a defi¬
nite purpose on his part to release funds, and this assisted the
upward reaction. There has also been active buying for for¬
eign account, which has occasioned a weakening in sterling
exchange. The weakness of the market has been very general,
and extended throughout the whole list, though it has been
more
pronounced in some stocks than in others.
There were no developments to adequately account for the
decline, and it has been, as usual of late, mainly due to the
action of the bears, v. I10 have controlled things pretty much
their own way.
The Gould stocks for a long time past have
been conspicuous for yielding most easily in each downward
turn, and often leading the market in the decline.
General
conditions remain favorable, and higher prices are constantly
predicted, especially since the recent decline reached a point
where stocks apparently became a good purchase on their
merits as dividend payers, or on their prospective earnings.
The improvement of Thursday has since been maintained in
all except the Northern Pacifies, and the strongest tone and
highest prices were generally shown towards the close of busi¬
ness to-day (Friday).
168
THE
CHRONICLE.
fVOL. XLV.
STOCKS—PRICES AT N. Y. STOCK EXCHANGE FOR WEEK ENDING AUGUST 5, AND SINCE JAN.
1, 1887.
HIGHEST AND LOWEST PRICES.
STOCKS.
Saturday.
July 30.
Active Kll. Mock#,
Atlantic <fc Pacific
'
Canadian Pacific
114
544
49
724
Canada Southern
Central of New Jersey
Central Pacific
1st pref.
2d pref.
Do
Do
Aug. 2.
....
11
1212 i
11
11
11
114
114
12
50
52
74
30
8
554
504
524!
724
5578
514
50
53
124
124
554
524!
504
50
54
71
534
72 lo
j
354
30V!
37
04!
*54
724
304
04
74
30
72V
3*»4
57
54 V
50
7112
51
*1012
10
*7
*7
30
*0
143
120
15
1274 1274
*154 17
39
39
444
40
234
! 143
143
1084
51
24V
128 V
234
25
204
27
20
27
574
114
574
104
574
584
114
584
21
83
2141
Fort Worth iV DenverCity
Green Bay Winona A St. Paul.
Do
pref.
Illinois Central
Ind. Bloom. A West., ass. pd..
Kingston it Pembroke
Lake Erie A Western
Do
do
pref.
Lake Shore <fc Mich. Southern.
114
58 4
01
204
214
45
10
45
1204 129
Evansville A Terre Haute
Nashville
*
18
35
Dc
pref.
Missouri Kansas & Texas
Missouri Pacific
Mobile A Ohio
Nash v.Cli a ttanoogaASt. Louis
New York Central «k Hudson.
New Y. Chie.ik St. L., assent'd
Do
nre.r., absented.
Lew York Lake Erie ik West’ll
Do
pref.
New York «.v. New England...
New Yor» « hirario A West
New York Susq. <k Western...
Do
pref.
Norfolk ik Western
Do
prof.
Northern Pacific
Do
pref.
Ohio & Mississippi
o.PAn fiiw
Oregon ATraiis-ContinentaL.
23
*20
122
18
51
524
52
54
j
354
174
524
90V
92 V'
894
914
9341
014!
934
004
i
00
55
110
00; ’8
58
113
50
82
154
29 4
244
904
20
98 4
144
79 4
105
134
294
214
954
*13
78
1004 1074
104 174
30
304
28
294
58
254
324!
254
97 4
j
14
78
80
32
244
954
974!
78
254
14
784
10
324
32 4
59
25 V
57
24
59
58
24 V
58 V
25 V
28
j
00
93
304
344
724
74
115
111
74
73
1124 113
254
524
244
17
41
324
584
244
25V
154 V
27 V
01
J
90
I
35 4
74
115
.
2(»4
112
274
Wheeling A Lake Erie
UliMceijaiieouM Stocks.
384
74
994 1004
Oregon Improvement Co
Oregon Railway A Nav. Co...
Philadelphia Co., Nat.
Gas
Co
Pullman Palace ( ar
Western Union Telegraph
Express Stocks.
Adams
American
United States
Wells, Fargo A Co
Inactive Stocks.
2,810
234
2334
3,308! 204 July
45 4
11
*20
45 4
114
2,400
3,850
24
| 204 May 26' 28
1,342h[i2u4 J’e 24 138
804
444
11
23
123
44 V
11
*19
40
113
50
824
83
1074
144
95
12
23
95
02 4
48
01V
444
1124 1134
52
82
8-1
53
84
85
110
110
144
144
35
204
34
20
98'
98
33
07
414
10 v
9
V
31
l,30w
50
17
17
174
10
10
314
314
*10
43
17
44
28V
2,2251
1,950!
1,500
2,00 >
22, D.o!
004 Jan.
12,485
20
34
00
73,052;
~>'16,
88
41
70
41
75
424
‘70
100V 1014:
44
45
j 454 454
92
934! 93
914
38 V 40
394 404
*90
100
994 100
140
14 0
140
140
724 74 V
734
130
i
j
ris^ iso"
04
45
57
45
7,90
/
,11
o
13,20
1,930
7.353
30,904
1,000!
98
Jail.
13 4 Aug.
2
<
1
0
4 119
1
204
|
"Aug.
1
1
251iJul3r 30
57
1
Aug.
Fell.
80
8
111
Aug.
554 Jaii.
oo
Aug.
u 04 Aug.
20
Feb.
51 7s Aug.
13 4 Feb.
234 Feb.
397s Aug.
1
.
1213
7j
2
June 20.
3j 354 May 23
1
1
1'
3
034 Mav 18
22 V May
6
384 May 18
03 V Apr.
53 4
18
May 19
19
105 V Apr. 18
544 May 31
89
Aug.
Feb.
894 Aug.
37 4 Aug.
May
1054 May 19
58 V Apr.
7
June 28 115
Feb.
159 V May
8
23
June
7
G7 1394 Jan.
4 152
Aug.
320 107
5 1184 May
Jan.
250 02
17‘
Feb.
75 4 May
175 1204 Jan. 25(137
Juue
5
14
24
6
79
334 Jan. 19!
54 Aug. 3!
744 Apr.
6
453;
1 5 4 J M II.
300
100
45
85
07V Apr.
994 May
10
19
18
13
Aug.
Aug.
I
July
7
Jan.
104 Jan. 14
9
15
Juue 13
2
Jtliv 28
18 V* May 12
June 18
304 May 27
July 21 1004 May 27
134 Aug, 2 22
Apr. 9
22
Jan.
3
July 27 31
11
20
88
7
0
28
30
Apr. 2^
Jau.
4
Jau.
8
154 Aug. 2
„
“t. Louis Alt. A Terre Haute..
St. Louis Ark. A Texas
Columbus A Hocking Coal
New York A Perry Coal
Ontario Silver Mining
Tennessee Coal A Iron
Various Stocks. Ac. (Unl isted.)
Arner. Cotton Oil Trust
j 334
Pipe Line Certificates
| 554
294 Juiy 30
July 13
Jail.
4
304 July 12
32
54
t 3d assessment
‘>5
26
26
2i 11 1 4 May 23
3:120V May 27
Aug.
294 duly
made at the Board.
44 4 May
84 4 May
120
June
104 Aug.
Quicksilver Mining Co
Do
pref..
was
5
Jan. 17
53
874 Jau. 17
95
Jau. 17
354 Feb.
72
99
38
May 25
584 July
44 Mar. 23i
Mexican Central
m Short Line
Omaha A fct. Louis, pref
sale
39 4
Fet*.
Jan. 27
30
2i
014 Feb.
7
no
May 18
284 July 30
244 J uiy 30
2.20011394 Jan. 4
139,930! 074 June 21
253
04
1
*u
13
Juy
Aug.
5,200! 80
37
74 V
57
3
4 -July 29
59
554
304
304
074
424
Oreg
109
15
3
594
544
274
149
Feb.
Aug.
27V
29
994 1004
44
894 91
374 39
9n 4
994
1444 145
704 72 4
Jan.
57
42
Apr. 29
June 30
May 14
70 4 Apr. 14
(574 J line 11
101 7« Apr. 20
04 4 Apr.
5
95 4 May 19
944 MuV 18
408,17O
254
!
93
51,115
0,050
2,480
21
29
50 V
20
40
75 V
Juy 30
Aug. 1
r.
May 16
204
27 4
594
254
17V
304
304
07 4
42 4
1
Theseare the prices bid and asked;
9o3
89 4
A:
59
59
88
30 4
49
40
11-2
112
52
524
82 b-,
854
83
844
HO
1 10
1 14
114
*34
30
20*8 27
98 V
994
*13
14
80
80
1034 109
80,190: 51
94,087'
474
244
01
984
994
204
204
284
544
27 V
104!
434
33 V
59 V
59
*85
95
02 V
012|
104 Aug.
344 Aug. 1!
174 July 30
324
104
42
33
(JO
014
4
Mav 31
May 28
II 274 Apr.
1
57
30V
07 4
44 4
10 v
104
31V
17
42 V
33
274
95
1,680!
3,55u
Aug.
May 17
304
14
80
1074 1084
174 18
304 304
29V
1234 123 4
194 li>4
37
374
18 34 L94
53 4 534
934 95
83
214 Feb.
94 Aug.
7
7
2
Apr.
48i0 May 31
344 Apr. 9
39,-123! 92 Juno 24 112 May 19
1U0
12
Jnlv 20
8
194 Jan.
3,O00| 704 July 11 884 Jan. 3
23,238 1054 A eg.
1 114 V May 19
4,001, 104 Aug. *> 204 Mav 16
Mar. 12! 374 May 18
1,920; 27
51,055 27 V Aug.
!
35V Apr 12
4,070 04 Aug.
1
70
May 23
141,510 10 J uly 30 00 Mar. 29
1,3901 154 Feb.
4j 20 4 Jan. 3
2,9151
l
9 V Aug.
14
Feb. 14
3,448 29 July 7, 384 Feb. 14
4401 15
.J line, 21' 23 V Jan.
3
13.758: 40
Aug. 1 55 V May 16
24,9uo 204 Feb.
1
3IV July 18
10,984 504 Feb.
1
(534 May 19
3,45 j 224 Feb. •1 32 4 Apr.
4
37,8u5 234 Aug. 1 35V Apr.
7
204
91‘V
124! *124
3,124
500 j
45
-
*
Feb.
504 Jan.
104 Aug.
574 Aug.
June
June
Apr. 22
Apr. 22
May 17
June 7
Apr. 11
Jau. II
Juno 1
3; 324 Apr. 14
241 08V June 4
l! 17 Jan. 3
I1 824 Jau. 13
30] 32 Jan. 3
1100
Apr. 9
41 024 May
7
2! 17 Apr. 7
224
28
Marquette Houghton A O11
Do
pref.
July
July
July
30 127 V
29 1534
18 1404
1 22
27 524
2 514
1 i 1184
30! 08
30' 394
304 394
224
25
Dos Moines A Ft. Dodge
Manhattan B» ach Company..
Aug.
Feb.
May 17Mav 18
1 95
30 1274 May 17
22
274
5-1 4
Do
pref
Cincinnati Wash. A Baltimore.
Do
pref.
Jau.
13
12
13 150
124
24
Buffalo Rocli. it Pittsburg
Central Iowa
Chicago A Ind. Coal R’way
Mar.
Aug.
19
13! 114 Jan. 20
00
204
43 4
Pacific Mail
50 1384 Jan-
144
127
304
2,900!
37
384
724 73V'
744
5,200
744 747s
1144 1144 1144 1144! 1144 118 4
450
75
75
j 7b4 78 i 78
2,/10;
784
100
540:
994 994' 100
1104 113
1134 1134! 1134 114
2,250!
28
284! 28
294 22.125
554 50V1
554 50 4 52,5oO
174 17 4
3,30u
174 1741
29 V
30
29 4
0,800
304
404 41
2,110
404 414
jj
Colorado Coal iV Iron
Consolidated Gas Co
Delaware A Hudson Canal...
-
13
13
8
Jan. 13
17
124
204
204
52
20 4
00
*85
30
74 July
3,3S3! 1307e Jan.
804 834 221,514! 734 Aug.
ll>*4 1204
4,015417 July
1144 1104 79,188,109
July
144
127
*15
4
59
124
*77 4
744'
10041004
111
904
124
Aug.
July 27!
00
1004 10 i lU/4 107
1'
1
104 1 74!
28 4 30 4
29
294
284 29
284 29 4
05 4 00
00
004
404 43
407b 424
10
104
4
154
94 10
30 4 3(>4
304 314
424
58
107
14
31
25
14
41
20
57
;
; kX"0
824
1054
42
33
|
50
81
141
0
10
59
014
814
*7
141
91
114
584
004
111
50
11
154 Juno
08 V Jan.
64V May
804 Apr
43V Apr
9 4 J an.
1
3,1851 5434 July 30
20,345 49 July 30!
32,495! 554 Jan. 3!
2,105 j 33
Feb. 3!
5,975
94
42
113
5,550; 104 Fob.
350;
11
Highest.
00
94
014
50
754
37
Lowest.
00
12
94
18
304
*12
Range since Jan. 1, 1887.
2,489 1244
17
400
174
15
414 414
2,350 35
424 43 4
404 474
47
494 27,320 44V
1104 111
'110
111
1,070 100
55
no
5434 544
3,4501 51
25
2o ^
4.255 234
254 254
1294 1304 1294 1314 141,324 L2G
274 274
1,710 214
524- '514
914
914
184!
154
28
*17
123
304
40
32
514
Do
pref
St. Paul Miimeap. A Manitoba
Texas A Pacific, ass. paid
Union Pacific
Wab. St. L. A P.,P. Com. repts.
Do
pref.
105
14
134:
10
184
304
424
33 4
254
734
1054!
804
414
1204
1234 1234
18 4!
184 184
374 *374 38
18 4 18 V
18
534 544
524
924
93V 944
10
474
112
74
SO
80
23
123
18
10
Philadelphia <k Reading
35
111
85
I
444'
104'
10
20
47 4
*90
904
114
58 4
21
304
234
109
114|
!
214'
00
30 V
104
94
454
104'
404
404
59
30
01
394
120
*15
"
*54
80V 82
I 1184 1194
120
59
104
23
274
125
*15
59
404
154
43
*154
414
324
18
45
111
50
80
50
1054 107 4
107g
118
*7
140
0
12
10
140
111-4 1134 1134 115
1434 144 j 144 V 144 V
109
18
30
28 4
00
43
10
40
30
184:
*8(3’" "si
134
284
*134
934
29
pref
lbt pref
j 123
174
204
Do
Do
St. Paul ifc Duluth
j *20
24
122
184
354'
21
28
Do
pref
Rome Watertown
Ogdensb’g
St. Louis <k San Francisco
444
94
104
34 4
174
Peoria Decatur ik Evansville.
Riohm’d <fc West B’litTerminal
834
’16" '164'
ib’o** iob”
Minneapolis *k St. Louis
114
*57
21
85
4!
354!
18
|
58
110
50
81
Mil. Lake Shore A West
Do
pref.
58 4
10
12141214
594
Louis. Now Alb. ik Chicago...
Manhattan Elevated,consol..
Memphis <k Charleston
Michigan Central
n
•
144
1374 1374
794 814
118
0
12
10
10
524
234 244 *244 25
1204 129 j 1274 1294
204 204:
204 27
57
Jr 'P
*7
384
444
1084 10941*107
nl
52
524
pref.
East Tennessee Va. & Ga. R’y.
Do
1st pref.
Do
2d pref.
LHlTl
10
1254 1204
10
j *15
17
404'
384 414
404 '
444 40
120
T'fcfA
12
10
1204
Delaware Lackawanna A West
Deliver A Rio G., assessing pd
Do
Shares
55*4
*7
51
WTeek,
Aug. 5.
12
*104
108
Friday,
554
524
74V
354
pref
Chicago Rock Island APacitic.
Chicago St. Louis A Pittsburg
Do
pref.
Chicago St. Paul Min. & Om..
Do
pref.
CleveLaudCol.Cin.it Indianap.
Columbus Hocking Val.&Toi.
Long Island
Louisville ik
Wednesday, Thursday,
Aug. 3.
Aug. 4.
1374 1394 1374 139 4 1374 138
794 814! 784
80 41
794 81
117
117
117 V 1184 1174 1174
109
1124 1104 1124! Ill
112V
pref
Chicago & Northwestern
Aug. l.
8
14
*0
Ho
Do
Tuesday,
094
354
Ois
*104
*354
Chesapeake & Ohio
Monday,
Sales
of the
paid.
July 20;
3 l
4
84
35
454
25 '
July 15
Jan. 10
May 14
June
Feb.
6
12
5o
Apr. 27
72V Apr.
5
204 July 27
544 Jan. 14
044 Jau.
3
Juy 2s | 724 Jan. 11
ft Ex-rights.
A Cl. &
Pac.—W. D. inc., 6s,
Guar., 4s, 1937
Car. South.—1st guar.,
Lowest.
Highest.
25*2 Feb.
383g Juno
July 29' Aug. 5
1910
i
I 83*2 !
'104%b. i
j 83*2
105 *2
5s, 1908
!
j 32*2
31 *2
104 3* Feb.
90*2 Mar.
! 9278b.
2d, 5s, 1913
90
109
82*8 July
7s, ’99, coup, oil i 85 b. | 81 b. ! 86
jlolSgb. 1105 *2
Central of N. J.—1st, 7s, 1890..
!il534" 1113 b. il07*2
Consol. 7s, 1899, assent
114HJI). 112 b. 109
Convert. 7s, 1902, assent
108
b. 108 *4b. 105*4
Adjust. 7s, 19o3
101
b. 100 b. ! 83 78
Convert, deb. 6s, 1908
98*2 j 97;{s
98
certificate
Cen. Iowa—1st,
«■
’
1
Jau.
June
95*2 Jau.
'
94
110
Feb.
Feb.
May
Jan.
June
Jan. ! 110
Jan. 118% June
Jan.
Jan.
Aug.
:10s *2
105
100
116
June
June
June
Interim bond
Feb.
Jaii.
113*29. llo a 110
Le’ii A \V.B.,con.7s, I909.as’ut
104 a. .99
Jun. 106*2 May
Aui. Dock A Imp., 5s, 1921. ..
115*21). 1 15'*sb. j 113*2 Feb. 1183i Mar.
Central Paeitie—gold 6s, 1»98..
June
; 111 *2 Feb. 116
! 115 I). 1J0
8an Joaquin Br. 6s, 1900
Mar.
j! 103 b. i03*4b. 100 July 105
Land grant Os. 1890
June
i 12
Mar. 115
b. 112
Ches. A O.—Pur. m. fund 6s, ’98
81
71
Jan.
75
May
6s, gold, ser/B,1908, coup,
69
b i 68
May
75*4 .Jan.
69*2
Extern coup., 4s, 1986
<
Jan.
32
223i July
22*2b. 25 a
6s, cui rency, 1918
F( b.
b I 95
90
Aug. 100
Mort. 6s, 1911
105
a jlOl
108*2 June
Feb.
Clies. O. A Wo. W.—5-Os, 1911...
107*2 Mar.
105 b. 105 b ! 104*9 Jan.
Cliic.Bur. «te Nor.—1st, 5s, 1926.
108*2 Apr.
105*2 1105*2 Aug
106
Chic. Burl. & Q.—Deb. 5s, 1913.
I 97 Juno 99 Jan.
Denver Divis., 4s, 1922
,
oil
100* ’a.
Chic. & Ind. Coal R., 1st, 5s, ’36
Ch.Mil.Ai St.P— 1st, I.A M.78, ’97
Consol. 7s, 1905
1st, So. Min. Div.—08,1910....
1st, Chi. & Pac. W.Div—5s, ’21
Wis. A Min. Div.—5s, 1921....
Terminal 5s, 1914
Chic. & N. W.—Consol. 7s, 1915
Gold, 7s, 1902
Sinking fund Os, 1929
Sinking fund 5s, 1929
Sinking fund dobent. 5s,
25-year debent. 5s,
1909
Chi. R. I. A Pac.—6s, coup.
Exten. & col. 5s, 1934
127*2b, 127*2 July
101*4
104
! 103
104
103
b. 103
1933 'l08%b.
JE.Ten.V.A G. Ry.—Con.,5s, ’56
73
Eliz. Lex. A B. Sandy—08,1902.
Erie— 1st. consol, gold, 7s, 1920
a.
a.
98
a.
Long Dock, 7s, 1893
Con. 6s, 1935
fa
P.—lsti 6*8,191 i
B’.
Gulf Col.ASan.Fe—1st,7s,
Gold, 6s, 1923
1909
Henderson Br.Co.—1st. 6s,
H. A Tex. C.—1st M. L. 7s
1931
Jan.
J an.
Jan.
110*2 Mar.
110% Mar.
:
:
Apr.
Jan.
Feb.
May
Jan.
Feb.
111 1*2 May
91
Mar.
Jan.
Jan.
! 120
Mar.
93% Feb. 10478\Iay
^8*2 l’’eb. j 95*4 May
98*2 May
85
Aug.
106
Feb. '109*2 Mar.
Jan.
105
June 111
j 99
I ’ *8*8
| 93«8 j 93*2 June ; 100*8 Jam
!
92*4 Feb.
92*8 Jail.
1*0*6* *b 99 Jau. : 109 May
lQXl
W\ A St.
2d income 88, 1911
142
133
*120
Aug. IO434 June
Aug. | 8878Jau.
115
llTV*
.
N.Y.L.E.AW—2d con. 6s, 1969
Funded coupon, 5s, 1909. ..
Ft. W. ADonv. C. -1st, 6s, 1921
Gal.Har.A San.Ant.-1st, Os,’10
2d M,, 7h, 1905
West. Division—1st, 5s, 1931.
O/i
105% May
118*2 Feb. ; 121*2 June
82% June
76*4 Feb.
74
»2
Aug.
Apr.
78
Jan.
68
Aug.
68
86% June
Apr.
56
4434 Aug.
May
97
Aug. 1013s Apr.
99
Aug. j 108
Jan.
132*2 Mar. 137 June
1 1234 June ;115
Mar.
78 *4b.
75 b.
74 a.
101
Jan.
107
98
70
70
l’oo’'a.
...
81
50
Jan.
il03*4 Jan.
103
July
gold. 6s, 1904
7s, ’05
Det.Mac.&M.—Ld.gr.3*£S,1911
GFn
a.
Jan.
May
108
,105
1109%
Jau. '135
131*2b. 1130
! 108*2
j 107 July 110*2
! 118*2 Aug. i 12478
123
July 127*2
05 b.i 98% Jan. 102
1917.
ABsei.ted
Den. So. Pk. & Pac.—1st,
May
1108
109
! I05*2a.
Denver A Rio Gr.— 1st, 7s, 1900
1st con. 4s, 1936
Den. A R. Gr. W.— 1st, 6s, 1911.
Juno
129**b. '128
b. 1 L 20 a. 117
b. 109 *4b.
!118
109
109
July
jlo3
b. 103
July
b. 101*2 July
1138 *2 May
j 1*3*6'‘i/.
130% June
Feb. jl 19*2 June
j 115
a.
Ch.St.P..M.& O.—Consol. 6s. ’30
126
St. Paul A S. C.—1st, 6s, 1919
Ch.bt.L.A Pitts.—1st,con. 5s,’32
C. C. C. iV Ind.—Cen. Os, 1934 ..
Col. Coal & Iron—1st, 6s, 1900..
Col. H. Val. A. Tol.—Con. 5s, ’31
Gen.
98*2 Jan. 103*2 June
117*9b. 118*2 July 1122*2 Jau.
1
!
40
120
103
4 ur>8
36
Aug. | 53 Ma>
Jan. 1125% June
b. ! 118 Sib
a. 101
Aug. ! 1u6:*4
108*2'). 108 *2b 1o6*2 Mar. 110
116
-112% Jan. 119%
b. : 115
1108
Mar. 119*2
113
b. 112%
1
113
Feb. 11934
1120%
jlOO
-
—
1st, West. 1)., Ts, 1891
1st, Waco A N. 7h, 19o3
2d, consol. M. L. 8s, 1912
Gen. mort. 6s, 1921
Ind.Bl. A W.— 1st,pref., 7s, 1900
1st; 5-6s, 1909
2d, 5-08, 1909
J109** a.
112
l()ti*»b. j 94
Feb.
76 a.
66*4 Feb. | 75%
120 b. 119*2 Jan. 124*4
10
b.
91 *2 Jan. | 99
95
a.
89*2
75
b. 7< *2 Jan.
’’92 "a.
j 91 Jail. 98*2
Eastern Division—Os, 1921.
25
29 *2
26
b.
July j 3478
Income, 6s, 1921
b. 115 a. 112*2 May 122
Int. A Gt. Nor.—1st, 6s,gold,’19 114
..
Coupon, 6s, 1909
92
Kent. Ceutr.—Stamped 4s, 1911
Knoxv. A O.—1st, Oh, gold, 1925
LakeSli.- Cun. eonp., 1st, 7s, 1900
Con. coup., 2d, 7s, 1903
a.
j 90
91
*9*6’b.
64
Jau.
94
July
125
July
i
12*2 *2b.
-
Aug. | 98
122*2 Jau.
1205« May
;
78
100
129
1126*2
124
115
June
Feb.
May
May
May'
May
May
Feb.
May
.Bine
May
Apr.
Mar.
Feb.
July
Jan.
Juno
May
Mar.
Feb.
Railroad Bonds.
1921. 118
Michigan Div.—1st, 6s. 1924..
130 b.
Minn. A Wt. L.—1st, 7s, 1927
S5 a.
Imp. A Equip.—6s, 1922
93*2
Mo K.ATex.—Com, 6s, 1920...
82*2
Consol., 5s, 1920.
111
b.
Consul., 7s. 1904-5-6
113*2
Mobile A Ohio—New, 6a, 1927
107 b.
1st, Extension, 6s, 1927
45 b.
1st pref. debentuies. 7s
Mutual U11. Tele.—S. f., 6s, 1911 i 8533b.
Nash. Ch. A 8t. L.—1st, 7s, 1913 129 b.
!
N.Y. Central—Extend., 5s, 1893
N.Y.C. AH.—1st, op.. 7s, 1903
•••••••
..
Ask.
.
eons
1890
1914
Oregon Impr. Co.—1st, 6s, 1910
Ore. R. ANav.Co.—1st, 6s, 1909
84%
..
189i*
Special tax, Class 1
1 06
80*2!
.
1
Apr.
July
81*2 Aug.
110
109
Aug.
113*2b. I087b F. b.
106
b. 104
May
45
122
121
133
90
Apr.
May
Jau.
Jau.
102*2 Apr.
89% Apr.
113*2 Jan.
114
Apr.
b.
.
.
.
.
...
....
97
.....
917a Mar.
a.
110
a. loO
108
b. 100*8
a.
98
113*2
110
110
a. 108
65
62
111*2
110*2
110
a. 106
114
Il3*2b. 108
108%b. 10»%t>. 108*4
108%b.
10 L%
10«>*2
101%
! 101
99
.
Ogd—1st, 7s, 1891.
Consol., extend., os, L922
St. Jo. AGd.Isl.—1st, 6s, 1925 . 102*4
65
b.
2d, income, 5s, 1925
St. L. Alt. A T.H.—1st, 7s, 1894.
Rome W. A
2d, M., pref., 7s, 1894
2d., M., iue., 7s, 189 4
Dividend bds, 6s, 1894.
St.. L. Ark. A Tex.—1st, 6s, 1936
2d, 6s, 1936
St. L. A Ir. Mr.—1st, 7s, 1892...
2d mort., 7s, 1897
Gen. Ry. A laud gr., 5s, 1931.
St. L. A Wan Fr.- 6s., Cl. A,1906
6s, Class B, 1906
6s, Class C, 1906
Gen’l mort., 6s, 1931
Gen’l mort., 5s, 1931
So. Pac., Mo.—1st, 6s, 1888..
St. Paul M. A M.—1st, 7s, 1909
2d, 6s, 1909
1st cons
bs, 1933
,
40
....
102
64
99
4;>
44
b.
11134 b. 109 a.
113*2b.
IL4
93
94 a.
113
b. 113 b
113
b. 1 !•> *2
1113
b. 113*23
114
•113 *2
98
98 *2 b.
a.
1st, 6s, 1896
Div.—6s. 1699
consol, 6s, 1919
lsi, 6s, ’22..
Chicago
96
Great
10278
114*2 Mar.
113
113
July
July
113
July
115*2 Jam
117
Apr.
117*4 Apr.
115
May
108*2 Feb.
98 *2 J uly
98
37
96
19
b.
99*eb.
11 1
r.,7s,’95.112 b.
9.’r>s
July
Jam
Feb.
Aug.
Feb.
Jail.
Mar.
May
May
Mar.
49
Aug.
Fen.
64
62 *2 Aug.
89
Jan.
71 *2
b. 103
a.) 104
95
95
95*2
96*3
115Mb
1
’
Aug.
Jam
Jam
July
Feb.
55*4
115
99
Apr
Jam
Jan.
Jau.
li'inj June
104*2 Jan.
118
121
Apr.
Mar.
120*4 May
101*2 May
10!)
May
55
May
107 *2 Jan.
SO
Jan.
28*2 Jun.
115
112
110
July
Apr.
June
66*2 Feb.
78 Si May
72
100
Apr.
May
109*2 June
112
Feb.
99%
97*h
119%
1o3*2
Jan.
120
115
115
June
Mar.
May
Feb.
May
Mar,
il 17*4 Apr.
102% May 1109
Apr.
Jam
*97 *2 Aug.
a.
a.
iYi "iV.
Jau.
Jan.
Jam
11*8 Jq'y
114
!
98%
June
June
Jan.
June
Mar.
May
J uly
53 ‘4
9o7s
116
11238
108
48
1023e
June
Apr.
109
93
b.
89 a. j 1SO
55
Apr
Jam
Aug.
June
Mar.
b.
b.
j 11234a. 11110
15 *2').
1
10 4
!
iloo
Divison—5s, 1910
2d, 7s. 1893
St.L.K.C. A N.—R.eA
West Siioie—Guar., is
May
Ill
L03 *2'). 103*2').' 102
i). 114
115
b. 115
| 111*2
Wabush—Mortgage, 7s, 1909
Tol. A Wab.—1st, ext.. 7s, ’90lit b.
1st, St. L. Div.. 7s, 1889..... 112 a.
2d, extended. 7s. 1893.. .... 99*sb.
1907
West.—1st, 7s, 1888
Jan.
Feb.
114*2'). 110*8 Fell.
Feb.
I14>4b. 110
10778u. 105% Jam
99
106
I08
77
115
114
120
117
98
44
110
.......
(is. ’2o‘
Com, eonv., 7s,
Feb.
Feb.
Jam
65
Virginia Mid.—luo.. 6s. 1927.—
Geu’l mort., 5e, 1936
Wab. 81.L. A Pac. - Gem,
July
Jam
104*2 Apr.
115*2 June
112
Feb.
Apr.
June 112*2 May
J uno 104*8 Mar.
99% Aug. It 8 *2 Apr.
75
65
Apr.
July
........
98
-
Line
Juno 106
96
49
10278 May
112
May
June
Mar.
Mar.
Aug.
l()d*2
!l00‘4b. 100*41). loO
110*8
j
118
111!) l).
1 16*4
116*2
116 “3
Denver
1st
a.
j! 99%
1st, 6s, 1899 —
Land grant, 7s, 1887-9
Sinking fund. 8s, 1893
Kan. Paoith—1st, 6s, 1895
Oregon Wh.
b.
Jan.
114
110
107*2b. 105
b.
35
b. 41
115 b.
So. Pac., Cal.—1st, 6s, 1905-12..
L.
So. Pac., Ari.—1st, ns, 1909-10..
i(H i).
So. Pac.. N. M.—1st, 6s, 1911. ..
52*4
Tex. A Pac.—Inc. A Id gr, 7s, ’15
71
b.
Rio Grande Div.—6s, 1930
..
Gen. mort. A term., 6s. 1905.. ‘66 a.
Tol. A.A. A N. M.—1st, 6s, 1924
Tol.A.A. A Gr.Tr.—1st, 6s. 1921
Tol. Peor. A West—1st, 7s, T7 .
Tol. A Ohio Cent. —1st. 5s, 1935 96
96:*8
Toi.St L. A Kail. C. —1st,6s. 1916
Union Pacific
....
98%
Do
reduced to 4*23
Shenandoah Val.- 1st, 7s, 1909
Gen’l mort., 6s, 1021
So. Carolina—1st. 6s, 1620
2d. 6s, 1931
Inc., 6s. 1931
107*2 Jau.
95
Apr.
99
Jan.
86
49
June
90
Apr.
May
89
84*2
110*4
106
99
97 *giV.
8 4
85 b.
114 b. 109
98
98
1).
112
1). 109
99 %
i)87s
Jam
Feb.
Mar.
Jam
Jam
Jan.
60*4
104*4
97
117%
116
May
M ay
May
May
May
May
Mar.
108
99
Jam
117*2 May
May
A11 g.
107
Mar.
111*4 July
104:*a Juno
J uiy
BONDS.
1910
6s
1919
Bid.
SECURITIES.
Bid. I Ask.
Consolidated 4"
ilOTB—The letter “ b” indicates price bid, and “ a” price
85
93
a
82*4
Oregon A Tran soon.—6s, 1922.. 99
Peo.Dec. A Evans.—1st, 6s. ’20.
110 a.
Evansv. Div—1st, os. 1920...
70 a.
Rich A All.—1st, 7s, 1920, tr. rec
Riehiu. A Dan.—Cons., 6s, 1915 lll*2a.
Debenture, 6s, 1927
Roch. A Pitts.—1st, 6s, 1921...
113*23.
Cousol., 6s, 1922
Rhode Island—6p, coil.. 1893-1894 j
South Carolina—Us, non-fund. 1888;
consolidated 6s
1893
Tennessee—6s, old
1892-1898j
Compromise, 3-4-5-6b
1912;
New settlement—6s
1913!
Biown
5s
3s
Virginia—bs, old
-
100
.
....
.
gold
.
....
1890
105*4Alabama—< la.-s A, 3 to 5
1906
1892
lot
University,
due
Asylum
or
Class B, 5s
1906
'
Funding
1894- 1895
1906 103*2
Class (\ 4s
1892
New York—Gs, loan
106
6s, 10-20
1900 102
1893
10
os, loan
*2*21
At ansas—6s, funded.. 1899-1900 !
JAJ
38
| North Catolina—6s, old
7s, Little Rock A Furl Smith, iss. j
20
1900
30
25
Funding art
7s, Mein phi." A, Little Rock, iss..
New bonds, J. A J
1892- 1898
10
15. j
7s, Arkansas Central RR
t lnttham RR.
105*2;
Georgia—7s,
Louisiana—7s,
Stamped, 4s
Mio Mira u—7s»
Feb.
Jan.
Jam
........
SECURITIES.
j
114
b. 132
a.
1
STATE
Bid.
118
a.
107*2 Aug.
June
06*2 Mar.
50
89
8-133
Mar.
8 < :*s Aug.
1-9 a. 127
131
July
Apr,
104
b. 10m Jan.
107*4 Apr
132
b. 13278 Aug. 137
May
110
106
Mar. 110^ Julie
Debenture, 5s, 1901
130 b. 128*2 May 133*2 Apr.
N.Y.A Har.—1st, 7s. 1900
91 *4
Jam
101*2 May
85
N.Y.Chie.ASt.L.—1st, Gs, 1921..
99
Jam
May
1 97*21*. 91 *2b. 70
2d mort., 6s, 1923
70
80
65*q Jau.
Apr.
66*2
N.Y. City A No.—Gen., 6s, 1910 .
11 / *2b. 117
July 123
Jan.
119%
N.Y. Elevated—1st, 7s, 1906
128*2 Apr.
125*2 Jan
N. Y. Lack. A W.—1st, 6s, 1921.
109
Feb. 110
Jan.
107
Construction. 5s, 1923
109i4a. 107
Jam
110*8 Feb.
N. Y. Out. A W.—1st. 6s. 1914.. 109*2
77
69
Feb.
Apr.
N. Y.Stis. AW.—Dob.,6s,’97,cp.ofl j
9u *2 b.
91
Mar.
96*8 May
92 a.
1st refunding, 5s, 1937
110
A pr. 115*2 May
Midland of N. J.—1st, 6s. 1910 lll*2b.
80*2
75*2 Feb.
86*8 May
81*2
N. O. Pacific— 1st, 6s, 1920
110 *2
114'>3 July 118*2 Apr.
North. Pacific—1st,coup.,6s, ’21 115*4
105*2
10378 Jan. 107*2 Mar,
105*2
Geu’l, 2d, coup., 1933
106*2 Jail. 111
May
1st, 6s, 1936..
James R. Val.
io3
a. 100
July 107*2 Juno
N. Pao.Ter.Co.—1st, 6s, 1933... 10178
a. 115
July 123
117 a. 116
Apr.
Ohio A Miss.—Consol., 7s, 1898.
114
Jan.
July 119
I16 a.
2d, consol., 7s. 1911
109
Jan.
112*2 Apr.
Springfield Div.—7s, 1905
102
a. 102
Feb. 111 *2 Apr.
OI110 Southern—1st, 6s, 1921. ..
35*2b. 35
50*2 May
39
July
2d, inc., 6s, 1921
96
1
1
119
116
130
84
95
Highest.
Lowest.
July 29 Aug. 5
Mil. Lk.Sh. A W—1st, 6s.
Long Island—1st, 7s, 1898..
113
b. 1124> July
1st, consol., 5s, 1931
Ill) b. 118
Apr. i 121*2 Feb.
Lou. A Nash.—Conaoi., 7s, 1898
113*4 June
Jan.
N. O. A Mobile—1st, 6s, 1930. 109 b. 109 a. 105
!
97 b. ! 9078Jan ! 99*2 May
b.
97
2d, 6s, 1930
112 b. Il0*4b, 112
July 117&8 May
E. II. A N.—1st, 6s, 1919
; 107
Jan. 114*2 May
i 1-09
0. 109
General, 6s, 1930
May
107 *2b. 104*2 Jan. 1109
i 107 3±
Trust Bonds, 6s, 1922
I 98
Jan. 103
Apr.
10-40,08, 1924
109
Jail. 115*2 May
Lou. N. A. A Ch. — 1st. 6s, 1910. SiiiU"
1 96*2
J uno
! 93
Apr. i 99
Consol., gold, Os, 1916
1101 Jan. 107 May
Mem. A Cn’lston—6s, gold, 1924 104*2U.
July 120*2 May
Metro. Elevated.—1st, Os, lo08. 1116 7&a. 11714a. 116
■;lo8*aa. i077e July 113 Anr.
2d, 6s, 1899
51
Fen. j 7834 June
j 69
Mexican Cent.—New ass. 4s
20*41). 20
July j 27% June
Income s. 3s, 1911
12 7*2'), 127
Apr.
May 131
Mich. Central—1st, con.-, 7s. ’02
Apr.
111 iM). 114*1 Aug. 119
Miss’l l Pac.— 1st, cons., 6s,1920
121
Jiu.e 126
Apr.
3d, 7s, 1906:
Jan.
10>.»*2b, 100*4 Aug. 105
Pac. of Mo.—1st, 6s, 1888
105*2 July 1110*2 June
2d mort., 7s, l8ol
SECURITIES.
Range since Jan. 1.
Closing.
Range since Jan. 1.
Closing.
Railroad Bonds.
EXCHANGE, AND RANGE SINCE JAN. 1, 1887.
ACTIVE BONOS AT N. V. STOCK.
BONDS—LATEST PRICES OP
169
CHRONICLE.
THE
1887.J
August 6;
ashed; ail other prices an-1 tue range are
6s, consolidated bonds
6s, ( onsofidated, 2d series
6s. defc-' ed. trust rec
fro.u actual sales.
1913;
1913
A.-k-
116
6
7*2
105
60
70
108*2
102
106
103
70
48
90
60
65
74
......
11*2
170
CHRONICLE.
THE
Latest
New Korit City Banks.—The following statement shows the
condition of the Associated Banks of New York City for the
week
Roads.
Week
or
Earnings Reported.
Ho
ending July 30, 1887:
Deny. & Rio Gr. 4th wkJuly
Denv. & R. G. W. 3d wkJuly
Average Amount of—
Banka.
Loam and
Discounts.
New York
Manhattan Co....
Merchants*
Mechanics’
8.801,800
1,631,000
1.225.500
7.784,000
3.043.000
8.663.700
2.548.600
1.303.100
18.652,000
3.149.200
Fulton
Chemical
Merchants’ Exch.
Gallatin National.
Butchers’ & Drov.
6.129.900
Mercantile
Pacific
Chatham
Hanover
Irving
Citizens’
Nassau
Market
St. Nicholas
Shoe & Leather...
Corn Exchange
...
Continental
Oriental
Park
North River
East River
Fourth National..
Central National..
Second National..
-Ninth National.
First National
Third National..”
N. Y. Nat. Exch...
National””
Western National.
Total
3.503.700
3.980.700
1.847.100
2,006.000
90*6o6
79,900
523,700
262,000
1,001,400
45,000
855,000
2.759.600
8.693.600
42,200
4,826,900
45,000
5.152.400
20.499.900
923.800
1.359.500
3.812.100
997.000
804,000
1.156..-0*
”2*600
2,815,00)
1,345,*00
534,900
44,400
3.216.500
292.800
471.200
146.400
356.500
342.800
141.900
210.300
654.600
185,000
156.600
-
12.513.100
3,135,000
2.905.400
482.700
3.226.300
2,612,000
1.834.600
3,145,000
5.896.700
5.183.400
2,100,000
21.157,500
22,508.900
2,223,000
1,093,500
18.576,200
8,121.000
99.600
101,000
273.000
311,000
128.900
85,000
930.3001
952,0001
4,111,001'
243,000;
279.900
5.381.300
1,204.900 19.643.100
45,000
40,700
45,000
444*500
446*60*6
*45*6*66
42,300
8 i *6*66
360,000
45,000
41,000
45,000
432,200
2.381.800
2.313.800
2.589.900
201.900
415.400
383.500
5.810.400
222.500
89,800
1,364.000
913.600
2.806.700
2.294.900
304.700
87.600
120.600
110.200
503.500
3.781.100
2.813.200
376.300
89,000
130.200
142,100
3.908.100
45,000
2.793.900
45,000
3.643.600
2.272.400
2,386,000
3.546.100
2.291.900
1.843.200
1.613.800
3.834.100
1.984.100
1,201,000
607.300
431,200
275.300
878.800
1,914,530
308 300
394.500
5.912.100
402,600
511.700
1.962.100
217.000
146.300
i.
6,461.200
2*6i*,4*66
224,300
180,000
2,096,800
111.300
45,000
1.596.100
169.300
133,900
4.618.900
253.300
2.276.600
2.177.400
2.210.100
3.442.400
355,294.800 75,648,000 22,924,400 361,765 700
42,100
172,000
8,105.100
RAILROAD EARNINGS.
Latest
Roads.
Earnings Reported.
Week or Mo
Allegheny Val.. April....
Atch. T. & 8. F
.
June
....
Atlantu& Char.. May
Atlantic & Pac. 4th wk
July
Balt. «fc Potomac June
Buff.N.Y.«fe Phil. 4th wk July
Butt. Roch.&Pitt 4th wkJ
uly
Bur.Ced.R.&No. 2d wkjuiy
Cairo V.Sc Chic.
4thwkJuly
Cal. Southern
3d wkJuly
ICamden &Atl’c June
Canadian Pacific 4th
wkJuly
....
Cp.FT&Yad.Val
Central of Geo
Central of N. J...
Central Iowa
Central Pacific
.
Charlcst’n
A Sav
June
June
1887.
1886.
May
May
1887.
1886.
618,856
545,832
9,071.135
511,640
1,491,329
6.941,368
S
163,606
148,391
1,521,376 1,252,754
84,600
72,095
46,217
122,797
20,976
109,471
78,300
84,100
39.239
52,793
44,987
17,772
6L.123
327,000
40,455
19,714
13,097
53,341
321,000
17,985
394,765
14,723
340,754
29,403
April
June
Jan. 1 to Latest Date.
$
93.924
991,140 1.02L.785
97,459
701.390
1,509,742
1,113,020
1,404,834
409,995
811.390
478.9 10
'
777,059
03 (.470
1,440,346
741,493
1,358,720
243,208
351,128
344,457
214,529
5,779,793
5,158,090
123,409
2,737,934
3,405,411
104.874
017,210
4,715,503
30,491
227,820
322,799 2,000,111
67,412
483,741
122,007
825,797
570,034! 2,020.722
2,043,513
3,023,294
598,440
4,308,098
35,697
217,100
385,832
1,819,818
93,744
393,476
144,446
730,208
Chic. <fc Alton...
April
654,049
2,289,259
Chic. & Atlantic 4t h
60,451
wkJuly
1,199,358
835,074
41,889|
Chic. Burl. & No.
238,403
May
1,007,048
Chic. Bur. & Q.. June
2,140,833 2,148,532! 13,276,107; 11,523,359
Chic. A East. ill. 4 th
40.639
wkJuly
41,250! 1,100,929!
9.(4,272
Chic. Mil.&St.P. 4th wkJ
551,000
071,243, 13,039,554 12,074,602
uly
Chic. & N’thw’u. .June
2,106,218 2,118.448 11,799,837 10,779,599
Cliio.St.L.A Pitts 3d wkJuly
104,286
87,903' 2.987,544 2,426,226
Chic.St. P. M. AO. June
550,001
490,271! 2,995,231 2,61)0,897
Chlo. & W. Mich. 41 h wkJuly
33.924
759,953
33,300j 773,553
Cin. Ham.A I).. 1st wkJuly
70,121
65,565 1,597,308 1,369,172
Cin.Iud.St.L.dzC. 4th wkJuly
00,873
67,231 1,487,250 1,416,199
Cin.Jack.&Mack 3d wk July
8.140!
9,534
227,910
205,863
Cin. N. O. diT.P. 3d
50,395
58,930 1,743.703 1,140,813
wkJuly
Ala. Gt. 8011th. 3d wk
23,929
16,972!
787,050
July
595,031
N. Orl. & N. E. 3d wk
7,501
July
6,58 2 j
341,830
320,1(8
Vickeh. & Mer. 3d wkJuly
7,511
7,197
201,955
257,512
Vicks. 8h. <fe P. 13d wkJuly
5.333!
7,152
213,293
258,099
Erlanger 8yst. 3d wkJuly
102,54s
95,014 3,393,238 2,820,788
Oin.Rtoh.&Ft.W. ;3d wkJuly
7,205
7,453'
209,577
192,727
Cin. Wash.A Balt ;3d wkJuly
38,038
32,289 1,104,480 1,008,327
Clev.Akron&Col 3d wkJuly
11,253
10,544
280,109
298,857'
Clev. & Canton. June
3i>,141
100,900
33,147,
172,503]
dev.Col.C.A Ind June
374,448
335,741; 2,039,420 1,819,228
Clev. & Marietta 4th
5,940
7,761
158.491
wkJuly
109,005
Col. & Cin. Mid. 3d
5,808'
0,422
wkJuly
105,921
153,959
Col. Hock.V.&T. June
191,078! 163.300 1,237,541
980,080
Col. & Rome
May
2,951
3,3881
25,701
28,321
Danb’y <fe Norwh May
19.501'
18,239;
85,000
80,383
Dayt’nFt.W.&C 3d wk July
9,813;
4,516!
Chesap,
Ohio. June
ELlz.Lex.A.B.s. June
Ohes. O. <fe 8. W. June
t And branches.
Gulf Col. AS. Fe. June
Hous.&Tex.Cent 3d wkJuly
m.Cent.(Ill.&8o) June
Cedar F.&Min. June
Dub.&Sioux C. June
Ia. Falls & 8.C. June
Tot. Iowa lines June
Total all lines. June
Ind. Bloom.
W. 4thwkJuly
Ind. Deo. & 8pr. June
Jack. T. & K. W. June
K.C.Ft.S.&Gulf. 3d wkJuly
Kan. C. Sp. & M. 3d wkJuly
Kan. C. C1. & 8p. 3d wkJuly
Kentucky Cent. June
Keokuk
West. 3d wkJuly
....
....
....
....
....
....
Kingston Sc Pem JtkwkJuly
a Lake E.&West. 3d
wkJuly
Lehigh&Hudson June
4th wkJuly
Long Island
Loti8ia’a&Mo.R. April
Louis. Ev.&St.L. 4thwkJuly
Louis v.&Nashv. 4th wkJuly
Lou.N.Al.&Chie. 4thwkJuly
Louisv.N.O. <feT. .Time
Manhattan El... June
Mar. Col. & No. lime
1887.
$
233,000
24,255
49,407
27,250
97,0 0
$
$
27.583
1
53,098
175,220
53,040
415,263
11,130
67,828
49,783
128.741
971.547
57,011
30,018
25,234
47,437
43,990
4V202
88,65
22.000
442,720
62,805
108,229
674,524
6,597
118,677
21,507
525,059
9,544,102
28,819
2(0.222
161,358
1,062,380
1,224,974
5,269,898
60,734
80,479
81,113
37^,831
422,746
46,421
300,604
269,954
142,095
773,179
741,229
930,370 6,011.120 5,497,112
65,255 1,427,357 1,349,239
28,202;
192,493
177,794
15.5 9
204,001
125,210
33,302: 1,451.833 1,298,973
768,444
24,225! 1,094,355
4,6821
133,419
118,853
72.419
402,4 40
389,723
5,323 i
101,250
157,074
4,403
35,880 1,010,890
840,587
14,658
120,538
101,370
90.910 1,746,018 1,014,166
41,v 25j
ISO,936
163,102
541.497
18,029.
445,050
438,379 8,708,411 7,590,307
63,527 1,221,655
958,007
101,078
731,476
917,201
644,530 4,055,727 3,723,065
3,530
22,479
49,360
514.751
545,084
24,387
846,295
666,205
87,057 2.090,693 2,119,804
45,288
282,976
250,384
21.482
573,970!
527,896
139,252
840,842
805,120;
81,108 1,760,093. 1,191,213
18,169
513,282
344,512
121,364
615,511!
568,982
6,943
201,801
574,442!
22.949
180.391
205,459
155,027 1,289,807! 1,125,953
178,139 1.454,280 1,080,802
4,985
5,005
37,848
21,091
99,221
48,370
Mmneap.&St. L.'May
Minn.&No.West. 3d wkJuly
ss^io
358,724
34(),987|
48.4 flr
793,075
15,101
842,800
2,102,081
93,989
1,197,776
527,732
205,037
348.386
1,012,887
8,776,678
156,268
911.386
1,194,198
4,723,932
14,853'
366,098
95,780
665,197
473.655
43,901! 1,215,239
4tliwkJuly
4thwkJuly
$
3,490,023
43,580, 1,418,557
49.179
104,210
38,750
14,726
130,*38
100,160
22,153
1886
8,496
0,539!
49,450,
4 th wkJuly
June
2d wkJuly
1887.
15,332
17,497
92,800
50,300
June
1886.
7,224!
6.761
24,016
50,597
Mar.Hough.<te O. 4tlrwkJuly
Memphis &Chas. 3d wk .1 uly
*Mexicau Cent’i.
*Mex.N. (N. Div)
do
(So.Div;
do
all lines
Mil.L.8I1.& West.
Milwaukee & No
Jan. 1 to Latest Date.
211,1791 4,198,945
3 8,0 5
218,709
25,036!
37.130
029,257
75,090, 2,64 >,820
30,804
Miss. & Teun.
'June
24,009
Mobile & Ohio. 'July
170,891
Nash. Ch.&8t.L.! June
241.071
N.Y.Cen.&H.R. Jjuue
2,847,614 2,664,245
N. Y. City & No. WkJuly 23
12,471
11.130
CN.Y. L. E. & W June
1,733,470 1,536,808
N.Y.Peim.& O. June
489,857
515,731
N.Y.&NewEng Juue
333,152
314,316
N. Y.Ont.& W... 4thwkJuly
48,721
47.420
N. Y. Sus. & W.. June
100,283
84,057
Norfolk & West. 4 th wkJuly
73.444
56,719
..
*45*,666
2.563.900
201,900
115,000
469.300
...
......
98i*666
4.805.100
1.239.500
2.297.600
1.436.900
Det.BayC.& Alp. June
Det.Lans’gA. No. 4th wkJuly
E.Tenn.Va.&Ga. 3d wkJuly
Evans. &Ind’plis 4tliwkJuly
Evansv. <te T. H. 4th wkJuly
Flint <fe P. Mara. 3d wk July
Fla.R. & Nav.Co. 3d wkJuly
Ft. W.& Den.City 4tli wkJuly
Georgia Pacific.. June
Gr. Rap. & Ind.. 3d wkJuly
Grand Trunk
WkJuly 23
Gu.BayW.&St.P June
....
2,503,000
3.377.100
675.200
154,0001
199,000
4.454.100 ; 1,180,600
4.808.500 1,238,700
126.400
246.800
1.123.200
3,726.800
1,293.400
183.900
381.200
4.458.300
.
326.700
286.400
261,000
5,097.300
7.254.700
3,294,000
Seaboard
45,000
6,568.000
9.363.300
2,904,000
381,000 11,257.300
181,100;
2.159.500
73,300;
1.106.700
433.700 20,8*5.200
394.700
185,000
11,192,700
17.718.900
8,110,000
Metron
7.759.400
350,000
45,000
957,30.i
2.087.600
1,089.100
Chase N atlonal....
Fifth Avenue
German Exch’nge.
Germania
United States..
Lincoln
*
Garfield
"*
Fifth National
8.663,000
2.564.300
18.725.100
18,438,500
Bowery
N. Y. County
German-Americ’n.
11,200,000
16.581.100
5,46-1.301
7.453.300
2.705.500
2.230.100
Importers’ & Trad.
$
14.577.00u
7.993.600
Peoples’
North America....
$
1,423.000
779.700
394,;; 00
1.821.300
4,422,760. 1,(>22.000
248,000
2,059,600
381.500
2.942.500
3.770.500
10,321, iOO
644,000
3,013.000
525,000
2.760.200
331,000
2.661.100
697.500
2.898.700
195.600
2,037,400
632,000
2,899.000
763.100
6.520.900
769, -00
4.621.200
Republic
tion.
2,679,000
1.358.500
Commerce
$
860.000
348,000
810.700
Circula¬
16.502.000
3.320.700
3.640,000
Broadway
532 500
910.200
418.500
82.COO
140.100
other
than U. S.
283.100
677.900
1.107.800
State of N. Y
Amerie’n Exch’ge.
1.613,000
1.635.300
673.000
4.831,000
375.500
353.700
7,241.600
Net Deposits
Legal
lenders.
66,100
218.000
135,00.)
152.300
78,900
184.400
1.936.600
1,88*.000
Mechanics’ & Tra.
Greenwich
Leather Mannf’rs
Seventh Ward
B’k of the
West Side
$
2,170.000
10,669,600
City
Tradesmen’s
Specie.
$
11,670.000
7.416.700
America
Phenlx
Sixth
[Vol. XLV.
.
r
N’theastrn(3.C.) May
16,725.725,14,912,012
307,730;
288,570
9,512,138 8,523,783
2,844,361; 2,843,033
1,959,897 1,790,823
813.021
732,721
503,787
610,699
2,182,092! 1,686,645
256,999
247,872!
3,081,593' 2,582,401
6,571,001; 6,087,283
37,313
36,761
554,404
432,537
391,710
418,060
82,350
80.911
41,908
July
34,906
311,406;
261,487
305,733
Oregon Imp. Co.iMay.
967,739
204,063 1,466,394!
Oreg. ti.dcS. Co.!June
423,750
481,735 2,259,928! 2,331,313
vania...'June
Peunsyl
4,911,858 4,330,101 26,370.724 23,250,164
Peoria Deo.&Ev. |4thwkJ uly
23,044
27,118
478,891
410,710
29.874
Petersburg
27,830
183,208
193,176
|June
Phila. &Erie
'June
397.583
332,382 1,864,401 1,667,710
Northern Ceut’l.
Northern Pacific
Ohio & Miss
Ohio Southern..
.Tune
4 th wkJuly
4th wkJuly
....
tPhila. Sc Read’g June
Coal <fe Iron Co June
Pitts. Sc West’rn'June
......
F’rtRoyaLVAug. jMay
P’rtRoyul&W.C.May
Riohm’d (tehanv.June
Va.Midl’d Div.'June
Char. Col.&Au. 'Juue
Col.&Gr. Div. Jjuue
West.No.C.Div Juue
Wash.O. & W..; June
Asliv. Sc Spar.. June
Rich. APetershg. May
Rome W. Sc Og. jMay,.
St. Jo. & Gd. I si 3d wkJuly
St.L.AltoiutT.il. 3d wkJuly
Braucties
3d wkJuly
St. L. Ark.&Tex. 4thwkJuly
St.L.&San.Frau. 4thwkJuly
St.L.Van. Sc T.1I 1st wkJuly
Sc.PauitfeDulutb I th wkJuly
Sc.P.Min.A. Man. June
Scioto Valley... May
Shenandoah Val. June
South Carolina.. June
So. Pacific Co.—
Gal.Har.&S.A. May
Louis’a West. May.
Morgan’s L&T May
N. Y.T.&Mex. May
Tex. iV, N. Orl. May
Atlan’c syst’m May
Pacific system May
Total
May
Staten Is.Rap.Tt June
Texas ec Pacific.
Tol. A.A.&N.M’b
Tol. & Ohio Cent.
Tol. P. Sc Wost..
Union Pacific...
Valley of Ohio..
Wab. Western...
Wab. E. of Miss.
iWest Jersey....
Wil. Col. Sc Aug.
Wheeling &L.E.
Wisconsin Ceut’J
Min. St.C.& W.
Wis. & Minn..
1,775,912 1,084,957 10.154,498
1,00 >,762 1,311.840 7,640,046
150.584
22,755
12,880
290,501
137,008
50,834
25,039
59,951
8,800
4,500
234,038;
17,100
20.342
10.850
03,577
189,400!
04,914;
48,475;
013.080
58.733
140,347
17,339
13.583
269,834
121,908
41,489
24,052
44,028
8,300
908,395
152,466
1,907,154
754,986
378,821
244,595
1,889,299
092,306
376,808
306,629
240,143
43,000
12,530
32 *,061
2*1*2,058
49,000
22,200
94,385
1,110,900
20,397
588.422
1,800
8,726,343
6,433.009
078,101
141,854
23,675
715,730
14,750
407,905
46.482 1,198,495
143,0 79 3,194,755
04,509
42,8081
829,515
479,<94 3,454,109
87,545
1,014,753
003,805
035,002
370,116
879,776
2,451,731
71*5,627
2,947,518
248,690
300,921
521,010
10,731
2 <0.52 L
73,000
01,018,
00,0 0
02,419
393,038
308.0S7!
191,471
40,550
280,245
1,343,270
310,158
1,610,990
70,742
1,031,373
480.019
370,868
73,281
332,148;
23,215
117,430
11,430
03,004
532,154
251,755
1,706,258
52,493'
914.107] 592,700 3,857,180 3.416,498
2,227,147 2,140,525 9,572,708 8,750,139
3,141,314 2,739,225 13,429,953 12,166,637
102,148;
82,435
311,538
354,718
June
300,478; 390,370 2,596,775 2,492,269
4 th wkJuly
13,098
9,253
209,308
183,018
4th wkJuly
20,700
21,983
547,840
421,907
3d wkJuly
447,772
15,519
17,801
477,442
o 500,828
Juue
2,2 24,459 13,021,892 11,331,057
50,537
59,721
255,954
May
215,469
107,598 3,512,808 3,021,310
4thwkjuly 208,020
June
530,32' 3,050,731 3,010,298
558,850
June
130,708
000,51 L
545,639
115,380
47,004
304,807
May
4o,t>22
293,792
4th wkJuly
19,374
18,178
404,289
321,342
3d wkJuly
23,971 1,080,821
800,802
33,704
3d wkJuly
8,005
3,715
258,700
122,092
3d wkJuly
92,222
15,531
2,944
477,400
j Including branches.
*
•
* Mexican currency^,
Including since Feb. 1st in bo.th years the Ind. Peru & Chic,
t Not including Central of New Jersey in either year.
c Not including earniugs of New York Pennsylvania & Ohio.
a
August 6,
THE CHRONICLE
1887.J
GENERAL
QUOTATIONS
OF
171
STOCKS AND
BONDS.
Quotations in New York represent the per cent value, whatever the par may be; other qnotati ms are frequently male per share.
The following abbreviations are often used, viz : “ M.,” for mortgage; “ g.,” for gold; “ g’d,” for guaranteed; “ end.," for endorsed; “
for consolidated; “ conv.,” for convertible ; “s. f.,” for sinking fund; “1. g.,” for land grant.
Quotations in New York are to Thursday; from other oities, to late mail dates.
Bid.
United States Bonds.
UNITED STATES BONDS.
4%S, 1891
4%s,1891
4s, 1907
48, 1907
6a, Currency,
6s, Currency,
6s, Currency,
6e, Currency,
6s, Currency,
reg..Q—M
coup.. Q—M
reg... Q—J
coup.. .Q—J
reg
J&J
reg—J&J
reg—J&J
reg—J&J
1895
1896
1897
1898
1899
Ask.
108
109
127
127
122
124
127
130
131
7s, L. R. & Ft. S. issue, 1900. A
7s, Memphis & L. R., 1899..A
7b,L. R. P. B. &N. O., 1900..A
78,Miss. O. & R. Riv.,1900..A
7s, Ark. Central RR., 1900.A
7s, Levee of 1871,1900
J
& O
& O
& O
&J
68,1900.'
10
38
30
15
8
.
11S%
119%
113%
llUs
loan(Leg.)68,g., 1902 Varl 126^
Market stock, 7s, 1892
112%
Fund.
Florida—Consol, gold 6s
J &
132
135
Jt 110
Georgia—7s, gold bonds, 1890. Q—J
J&J !l2o
Louisiana—New con. 7s, 1914..J&J loO
Stamped 4 per cent
84%
Baby bonds, 3s, 1886
F&A 50
Maine—48, 1888
F&A 100%
War debts assumed, 6s, ’89.A& Ol L05
Maryland—6s, 1887
J&J
6s, Hospital, 1887-91........ J&J 100%
6s, 1890
Q—J 101
5s, 1890
Q—J 105
3-65s, 1897
J&J
Massachusetts—5s, gold, 1891. A&O 105%
5s, gold, 1894
J&J! 111
5s, gold, 1897
M&S 1L3
Michigan—7s, 1890
M&N 106
Minnesota—Adj. 4%s, 1911, 10-30.. 102%
Missouri—6s, 1888
J & J LOO
Funding bonds, 1894-95
J & J 112
Long bonds, ’89-90...
J & J 104
Asylum or University, 1892. J & J 110
New Hampshire—5s, 1892
J&J 105%
War loan, 6s, 1892-1894
J&J I 110
War loan, 6s, 1901-1905
J & J 125
New Jersey—6s, 1897-1902....J&J* 125
6s. exempt, 1896
J&J* 121
New York—6s, gold, reg., ’87...J&J U0%
6g, gold, coup., 1887
J & J 100%
6s, gold, 1891
J & J j 112
6s, gold, 1892
A&O 115
6s, gold, 1893
A&O'118
'
115
108
6s, 1919
Penna.—5s, new,
4s,
reg.,
Tennessee—6s, unfunded
Compromise bonds, 3-4-5-6s, 1912j
Settlement, 6s. 1913
Settlement, 5s, 1913
Settlement, 3s, 1913
M&S!
Texas—6s, 1892
7s, gold, 1892-1910
M&Si
7s, gold, 1904
J&Ji j
J & D
Vermont—6s, 1890
Virginia—6s, old, 1886-’95....J & J
6s, new bonds, 1886-1895...J & J
6s, consols, 1905. ex-coup
J&J
6s, consol., 2d series
J&J
6s, deferred bonus
Tax-receivable coups., from cons’ls
Do
from 10-40s.
Funding bonds, 3s, 1932
J&J
7s
long
*
46
10%
31%
12
33
28 78
29%
64%
39
118
100
coup., 1885-1901........ Var. 100
4s, coup., 1901..
Var. 105
Allegheny Co., 5s, cp., 1913.J&J§ 100
100
4s, not loan, 5-10s
100
4s, riot loan, 10-20s
101
5s,
do
10-20s
103
4s, refunded, 5-20s. 1891-1906
115
Atlanta, Ga.—7s
Do.
8s
112
114
Waterworks
Augusta,Me.—6s, 1905, Fund. J&Jt L21
Augusta, Ga—7s
Various 109
115
Austin, Texas—1 Os....
4%s,
var.
dates..!
[ CapitoL untax, 6s
f Hartf ' 1 Town 4%s, untax.
i
!
Havcrhiu, Mass.—6s, 1889... A&OI
Hoboken, N. J.—5s, long
Tex.—10s
6s. funded
Indianapolis,Ind.—7-30s,’93-9 J&J!
Jersey City—6s, water, long, 1895..
..J&J
7s, water, 1899-1902
7s, improvement, 1891-’94.. ..Var.
..J&J
7s, Bergen, long
Hudson County 5s, 1905.... .M&S
Hudson County, 6s, 1905... ..J&J
106
105
101
101
101
102
104
119
Hudson
County 7s, 1894...
..J&J
Bayonne City, 7s, long
Lawrence, Mass.—6s, 1^94... A&Ot
.A&O
6s, 1900
Long Island City, N.Y—Water.7s,’95
Louisville, Ky.—7s, long dates. Var.!
7s, short dates
6s, long
6s, short
.M&N
5s, 1890-1900
Lowell, Mass.—68,1890, W. L.M&N!
Lynchburg, Va.—6s
8s
Lynn, Mass.—6s, 1887
Water loan, 6s, 1894
Water loan, 6s, ’96
122
5s, 1905
J&J
J&J
F&At
..J&J
..J&J
M&N!
Macon. Ga.—7s
120
Manchester, N.H.—6s, 1894.. ..j&ji
Price nominal; no late transactions, t Purchaser also pays accrued
..J&D
,
t 140
Allegheny, Pa.—’87-97..Var.
5s, 1920
'Houston,
130%
A.&O 112% 114
6s, new, reg., due 1900 & over. J&J
Pittsburg, Pa.—4s, coup., 1913.J&J.
5s, reg. and coup., 1913
J&J.
6s, gold, reg
Var.
7s, water,reg.&cp.,’93-’98...A&O.
5s, Refunded, 1912
4s,
do
1915
123%
interest.
95
104
121
101
103
113
117
124
45
45
110
107
120
108
118
117
126
114
112
68
New adjustment
1120
Richmond. Va.—6s, 1884-1914. J&J |120
-
124
109
101
105
111
!
mm T9
100%
no
no
103%
103%
125
101%
95
100%
105
5s. 1905
A&O 115
117
4s, 1905
A&O
105
107
1908} 114
116
110
68
60
Debenture
108
122
100% 100%
X la London.
101
105
100
106
126
128
126
alem, Mass.—6s, long, W. L.A&OI. 124
117
J&Jt 115
5s, 1904, W. L
102
103
106% 108
115
A&O! 113
08, 1905
129
131
135
138
122
oledo, O.—,7-308, RR., 1900.M & N f 120
118
8s, 1893-94
Var.t 115
BONDS.
41a. Gt. Southern—1st mort.,
106
116
112
112% 114
121
141
104
LOO
[Bonds of companies consoluV led will
be found under the consol'd name.)
105% 106
114
111
t 100
t
RAILROAD
102%
114
-•rnrnmm
Washington, D.C.—See Dist. of Col.
Worcester, Mass.—6s, 1892...A&O! 110% 111
124
112
116% 118
no
no
122
103
in
1103
(103
Rochester, N.Y.—6s
7s, water, 1903
5s. 1915
6s, 1889
116
122
102
123
104
113
J&J!1138
138
1103
J&J'103
8s, 1886-1909
5s, 1914-L5
Var. 112%
112%
143
J & Jt,143
Rockland, Me.—6s, ’89-99,RR..F&Aj! loo
100
13 5% 8t. Joseph, Mo.—Comp’mise 4s, 19011 90
90
100
83
St. Louis, Mo.—6s, short
Var.! 100
109
6s, 1892
Var.t j 109
127
5s, long
Var. ti 109
109
102%
108
5s, 10-20
Var.t 102%
116
102%
4s, 1905
J&D.t] 102%
107
8t. L. Co.—6s, gold, 1905
A&Ot 124
103
Currency, 7s, 1888
Var.. 100
100
St. Paul, Minn.—4s, 1912
t 90
100
114
4%s, 1916
109
125
113
120
118
ii5
_
4s.
104
104
114
118
125
104
Providence, R.I.—5s,g.,1900...JiV.,j t 114% 115
124
6s, gold, 1900, water loan..J & Jt 122
35
Rahway. N. J.—Old 7s
115
103
112% 114
107
121
135%
103
116
120
128
113
108
108
6s, railroad aid, 1907
M&S 120
J&J 102
4s, funded, 1902-12
Portsmouth, N.H.—6s, ’93,RR. J&J ! 109
140
103% 104
106
5s, 1894, gold
.F&At 114
5s, 1909
Fitchburg, Mass.—6s. ’91.W.L ..J&J! 106
Galveston, Tex.—8s, 1893-1909. M&S 101
{ 78, long
107% 109
6g%
i
Hartford, Ct.—City 6s,
106
107
111
120
126
128
.
1904
6s. lomr
130
cp. & reg., 3 to 5,1919.J&J
C1T1 SECURITIES.
Albany, N. Y.—6s, long....Varioust
1
70
110
115
10-40s,
4s. 1937. new
.
j
108
65
60
75
70
101% 103
103
48
48
42
60
......
107
110
110
108, 1893-96
Water. 6s. 1900
100
.Var.i 130
Detroit, Mich.—7s, long
7s. water, loner
.Var.l 135
:Elizabeth, N. J.—New 4s, 1912. J&J 79
Evansville. Ind—7s. loner. Various
'Fall River, Mass.—6s, 1904.. F& At 125
j
80
100
..
109%
105
.
’92-1902.F&A 114%
135
104
109
111
130
127
132
134
6s, 1901
114
115
7s, 1890
131
133
7s, 1896
142% 147
7s, 1901
131
Newton—68, 1905, water loan.. J&J 129
117
5s, 1905, water loan
J&J 115
106
Norfolk, Va.—6s,reg.stk,’78-85.. J&J 100
8s, coup., 1890-93
Var. 115
8s, water, 1901
M & N 125
116
Norwich, Ct.—5s, 1907
A&Ot 114
141
7s, 1905
J.&J 138
120
Orange, N. J.—7s, long
t 115
„
ego, N. Y.—7s, 1887-8-9
f 100
128
Paterson, N. J.—7s, long
Vai 125
118
6s, long
110
5s, long
106
no
4%s, long
103
4s, long
110
112
.J&J 118
8s
8s, special tax
‘
Philadelphia, Pa.—6s, 1886-’99 J&J 119
105% 106
...
1912
1• • •
Various!
N. Brunswiok, N. J.—7s, various...! 102
95
6s
New Orleans, La.—Premium bonds. 123
Consolidated 6s, 1892
Var. 107%
Newport, Ky.—Water bonds 7-30s.. 108
128
New York City—5s, 1908
125
6s, 1896
.
16
99
125
•
94
Various! 100
5s, 1900, Water Loan
48
102
..J&Jt
Southern RR. 7-30s, 1906. .J&J! 132
136%
do
M&N 1 121% 122%
6s, g., 1906
do
Ciir.Os. 1909.. .F&A t
124
do
114
8kg. fd. 5s, 1910M&N t 113
Hamilton Co., 4s
104
105
Var.! 10U% 101
Cleveland,O.—7s, 1887
7s. 1894, funded debt
..A&O 116% 118
122
7s, 1896, canal
..M&8 120
114
115
6s, 1898
100% 101
5s, 1887-89
.Var. no
Columbus. Ga.—7s
5s
100
101
1 114% 116
jCovington. Ky.—7-30s, long
1 109
110%
Water Works, 1890
1.
'Dallas, Texas—8s,
•
105%
.
Cincinnati, O.—6s, 1897..... .M&N! 116
1 132% 134%
7-30s, 1902
j1
102
Various! 100
Mobile, Ala.—3-4-5s, funded..J & J 70
Montgomery, Ala.—New 3s ..J&J 75
95
5s, new
Nashville, Tenn.—6s, short
6s, long
104
Newark—4s, long
105
4%s, long
110
5s, long
6s, long.
.Var.! 119
78, long
Var.! 124
j 78, water, long
Var. t 126
New Bedford.Mass.—6s, 1909.A&Ot 130
102
105
South Park 6s, 1899
106
112
127
132
125
F&A 121
Rhode Isl’d—6s, 1893-4, coup.. J &J L15
Bouth Carolina—6s, Non-fund., 1888.'
6
Brown consols
J105
reg.,
5s, 1893
8s, 1886-1905, long
4%s, 1916
113
107
100
115
108
West Park 7s. 1890...
105
102
20
8
A&O 123
........
West Chioago 5s, 1890
Lincoln Park 7s, 1895
107
106J
112
115
99
*
115%
....
6s, 1895
4%s, 1900
3-65s, 1902
Cook Co. 7s, 1892
Cook Co. 5s, 1899
Cook Co. 4%s, 1900
106
.
14
96
Chicago. 111.—7s. 1892-99
85%l
No.Carolina—6s,old, 1886-’98..J&J! 35
6s N. C. RR., 1883-5
J & J 1^170
6s
do
7 coupons off ....A&O 140
6s, funding act of 1866,1900 J&J 12
6s, new bonds, 1892-8..'
J&J
A&O
6s, Chatham RR
6s, special tax, class 1,1898-9A&U
4s, new, cons., 1910
J & J
128
126%
131%
.
J&J 104%
41*8, 1915
Kansas—7s, long
Memphis,Ten.—Tax.Dist.ShelbyCo
.
108%
Ask.
Milwaukee, Wis.—5s, 1891...J & D 100
7s, 1896-1901
Var.. 107
78, water, 1902
J&J1 109
Minneapolis—4s, 1906-1916. Various 1 92
..
Wash.—Fund.loan(Cong.)6s,g.,’921 110%
Water stock, 7s, 1901
do
7s, 1903
..
..
Bid.
Manchester N.H. -6s, 1902.. ..J&J 121% 122
102% 103%
4s, 1911
^
114
110
121
111
114
101
5s. 1897. municipal..
101% 103
105
Belfast, Me.—6s, railroad aid, ’98.. t 103
131
Boston,Mass.~6s,cur,long,1905Var! 129
113% 114
6s, currency, 1894
..Var.! 116
118
5s, gold, long
113
..A&O 111
4%s, 1908...
...J&J 106
107
48, currency, long
115
116
Brooklyn, N.Y.—7s, 1890...
112
114
6s, Water, 1891..
6s. Water. 1899
129
130
6s. Park. 1924
147
149
155
160
7s, Park' 1915
7s. Bridge. 1902
142
140
160
155
7s, Bridge, 1920
....
7s. Kings Co.. 1888
108* 109
..Var.t 114
Buflalo, N. Y.—78,1895
..Var.! 135
7s, water, long
.M&S! 115
6s, Park, 1926~
102
Cambridge, Mass.—5s, 1889.. A&OI 101
114
...J&J 113
6s, 1894. water loan
117
...J&J 115
6sj 1896, water loan
130
.J&J * 129
6s, 1904, city bonds
Charleston. 8.C.—6s.st’k.’76-98..O—T
90
.J «S j
7s, lire loan bonds, 1890
7s. non-tax bonds...
108
90
4s, non-taxable
Chelsea, Mass.—6s, 1897,water loan! il8
120
ConnecticutNew, reg., 3*28,1904
J&J* 103
New, reg. or coup., 3s, 1910
* 100
District of Columbia—
Cons.3-65s,l924, cp
F&A
Cons. 3-65s, 1924, reg
Funding 5s, 1899
J&Jt
Perm. imp. 6s, guar., 1891...J&Jt
Perm. imp. 7s, 1891
J&Jt
ra
J&J
J&J
..M&N 130
48.1920...
.T&J 112
Bangor, Me.—6s. RR.,1890-’94.Var.1 106
..J&J! 120
6s, water, 1905
6s, E.& N.A. Railroad, 1894..J&J! 109
6s, B. & Piscataquis RR.,’99.A&Of 112
Bath, Me.—6s,railroad aid.. ...Var! 100
106
104
102
U6
California—6s, funded debt of 1873*
.
.
6s, West. Md. RR., 1902
5s, 1916
25
25
10
4
City Securities.
.M& 8 112
68, bounty, 1893
68do’ exempt, 1893.. M & 8 112
...J&J 111
58, water, 1894
2
& O
Ask.
-
a
& O
.
..
2
J&J 102
6s, 10-20, 1900
Bid.
Baltimore—6s. consol., 1890..Q—J 106% 107
6s, Balt. & O. loan, 1890...
106%
Q-J
68, Park, 1890
Q—M
106%
2
reg
J&J
STATE SECURITIES.
Alabama—Class “A," 3 to 5, 1906...
100
Class “B,” 5s, 1906
Class “C,” 4s, 1906...
Arkansas—6s, funded, 1899 ..J&J
City Securities.
oons.,
scrip, 6s, gold, 1906.. J 108
108
2d debent. 6s, 1907
}
Alb’y & Susq.—1st M., 7s, ’88...J&J
Consol, mort., 7s, 1906,guar .A&O
Consol, mort., 6s, 1906, guar.A&O
Allegh. Val.—Gen. M., 73-10s.. J&J
East, extern M., 7s, 1910— A&O
Income, 7s. end., 1894
A&O
Atch. Top. &S. Fe-lst,7s, ’99 J&Jt
Land grant, 7s, g., 1902
A&0»
Sinking fund, 6s. 1911
J&D ♦
Guaranteed 7s, 1909
J&J&A&Ot
.
§ Part being redeemed.
11 Coupons
63
55
140
118% 119%
115
103
19
119
118
21
12i
11$
107% 108
120
ninoe
on nince
12 3
60.
t>9
THE
172
QUOTATIONS OF STOCKS
GENERAL
For
Explanations See Notes
M&8
A&O
1920
lst.78.AAO
M.,7s,g.J&J
FlorenceA El Dor’do,
K.C.Topeka&W., 1st
income 7s. A&O
do
100*4
36
97
t 95
1112
126
117
1124
1115
tl:8*a 119*4ttl8*fl 119
7s. 1910, guar.. J&J
Wiohita&S. W., 18t ,7H,g. ,gua.. 1902
Atlanta & Charlotte Air L.—1st,7s
income, 6s
Atlantic & Pac.—1st 4h, 1937.-J&J
lo41i» 165
118
1115
121
105
103
83 h84*6
32Js 32*4
7s, g.,1903.
Bonora, 1st,
1910
Central Division, old Os
W. I).
J&J
Incomes,
...
ace.
Id. gr.
Baltimore & Ohio -New
5s gold, 19^5
East Side ns, 1925
Sterling, 5s, 1927
Sterling, 6s, 1895
Sterling mort., Gs, g.,
F&A
Miss.Riv.Bridgo, lst.,s.f.,6s,1912
Louis’u & MTo.R., 1st, 7s, 1900F&A
do
2d, 7s, 1900 M&N
St.L. Jacks’v.&C., 1st,7s,’94. A&O
105
30*4
1922.
(Is. 1901
4s—A&O
Sterling mort., 6s, g., 1903..J&J
Bds. Kan. C. line,6s,g.,1903.M&N
.
10-j
incomes,
do
do
Series A, 1908
A&O
6s, gold, series B
M&N
Extended 4s, 1986
M&N
6s, currency, int. del., 1918..J&J
6s, 1911
.A&O.
Chic. & Alton—1st M., 7a, ’93. .J&J
102%
11262
do
Gb, g., 1910. M&N
ParkeraburgBr., 6s, 1919...A&O
Balt.& Pot’c— 1st, 6s, g., 1911.J&J
1st, tunnel, 6s. g., g’d, 1911. A&O
Beech Creek—1st,g’ld, 4s,19«<6,J&J
Bell’8 Gap—1st, 7 s, 1893
J&J
A&O
Consol. Or, 1913
Chic.&
105
J&D I iio
M&S ;il2
1902..M&S ;i20
024
•
-
•
Atlantic—1st, 6s, 1920.M&N
2d. or,
F&A
1923
Chic. B. & Q.—Cons.,7s, 1903. J&J
Bonds, os, 1895
J&D
A&O
5s. 1901
5s, debenture, 1913
125%
5s, 1919, Iowa Div
A&O
124
4s, 1919,
do
A&O
124
4s, Denver Div., 1922
F&A
84
4s, plain bonds, 1921
M&S
Bur. & Mo. R., I’d M., 7s,’93. A&O
do
Couv. 8s.’94 ser.J&J
Bur.& Mo.(Neb.), lst,6s, 1918. J&J
*1*0*4
do
Cons, 6s, non-ex..J&J
112
114
122
116
81
1st guar.(564),7s,’94A&O
2d M. (360), 7s, ’93.. J&J
2d guar.( 18S) 7s,’98.J&J
do
do
do
50
.M&N
116
Belvidere Del.—1st, 6s, c.,1902. J&D
Cons. 4s, 1927
F&A
113
Boston & Albany—7s, 1892...F&A 11121s
11128. 113
do
do
do
J&J
Ccnc.&Mon.—8.F.,6s,’89.J&J 1U04 10034
111
Consol, mort., 7s, 1893
A&O U106J
105*2
Consol moit.,6s, 1893
A&O 1U>5
Boat. Hart.& E.—1st, 7s 1900. J&J
1st mort., 7s, guar
J&J
99
68,1895
Boot.
4s, (Neb.), 1910... J&J
Neb. RR,1st,7s,’96 A&O
Om.& 8. VV.,1st,8s,J&D
Bid.
Ask.
Bid.
J&J
Jbes.O. &S.W—M. 5-6s, 1911.F&A
2d mort., 6s, 1911
F&A
Cues. & Ohio—Pur. money id.,1898
N-Mex.&8o.Pac.,l&t,7s,1909 A&O
Pueblo & Ark. V., 1st,
First Page of Quotations.
Cheshire—6s. 1896-98
Atcb. Top. & 8. Fe—(Continued) — tioo
5b, 1909 (let rnort.)
A&O t 95
5b, plain bonds,
4*«8, 1920
at Head of
AND BONDS—-Continued.
Railroad Bonds.
Ask.
Bid.
Railroad Bonds.
[VOL. XLV•
CHRONICLE.
109*4 Cin. & Indianap., 1st., 7s,’92..J&D
do
2d M.. 7s,’87-92.J&J
Indianapolis C.&L., 78of’97.. ..
Ind’apolis& Cin., lst,7s,’88.A&G
Cin.Jack.&Mac.—1st,5s,1933. J&D
1*05
H09
105
112
Cin. Laf.&Ch.—1st,7s,g.,1901.M&S
Cin. Le!>. & Nor.—1st m. 5s
J&J
25% Cm. Rich. & Chic.—1st. 7s, ’95 J&J
Cin. Rich. & F. W.—1st, 7s, g... J&l >
98
iCin. Sand’ky & Cl.—6s, 1900..F&A
113%
Consol, mort., 7s, 1890
124
J&1)
12*3
123
Cin.&Sp.—7s,C.C.O.& I., 1901.A&O
7s. guar., L.S.& 51.S., 1901..A&O
105
Cin. Wash.&B.— lst,gu,4 %s-6sM& S
2d mort., 5s, 1931.
116
J&J
3d mort., gold. 3s~ls, 1931..F&a
Income 5s, 1931
;...
Scioto & Hock. V, 1st, 7s
M&N
Balt, Short L., 1st, 7s, 1900..J&J
75
1174
70
.
Ask.
1..
1
Ill
111%
1117
1
98
1115
102%
100
I05
.
.
......
......
......
....
......
*85**
Clev. Col. C. & I.—1st, 7s, ’99. M&N
C’ousol. mort., 7s, 1914
30
J&D
Cons. S. Fm 7s. 1914....:
J&J
123% 130*2
Gen. con. 6s, 1934
10 J
101
J&.I
109
111
Belief. & Ind. M., 7s, 1899...J&J
Clev. & Pitts.—4th M., 6s, 1892.J&J
107}% 106
Consol. S. Fm 7s, 1900
M&N
111%
98% 98%' Clev.&M. Val—1st, 7s.g.,’93.F&A
95% 96% jColorado Mid.—1st, Ga. 1936..J&D
89*a 90% Columbia & Gr.—1st, 6s, 1916.J&J
2d mort., 6s. 1926
116
t!15
A&O
Col. & Cin. Mid.—1st, 6s, 1911.J&J
i
H.
C.
Val.&Tol.—Con.5s.1931.. M&S
11 0
Geu. 6s gold, 1904
1106*4
J&D
Col. &Hoek. V.—IstM.,7s,’97. A&t >
1 91 %
do
2d M., 7s, 1892. J&J
1112
Col. & Toledo—1st mort. bonds ..
1119%
do
2d mort
106%
mo
116%
1110%
1100
101
tlol
102
112
118
99*8 99%
76*4 78
41%
43
20
30
100
......
*
....
12 0
......
108%
......
...
166*4
128
104
105
83
98
72% 75
86
......
-
Ill. Grand Tr., 1st. 8s. ’90. ..A&O 105
%
Dixon Peo.& II., 1st,8s,1889.J&J
1125
Ott. Osw. & Fox R., 8s, 1900. J&J
11 L2
1106
till
1106
Ohio&W.Ya.,l8t,8.f.,7s,1910M&N 1112
1107*4
-
.
-
108
-
109
106
111
108
113
103
30
Col. Springf.&C.—1st, 78,1901.M&S
105
Col. & Rome.—ist,6s, gu.Cent. Ga.
Col.& West.—1st, 6s. guar Cent. Ga. 199
Col. & Xenia—1st M., 7s,1390.M&.s 1
Coun. & Passump.—M., 7s, ’93.A&O 1111%
1102
Quincy& Wars’wr, 1st, 8s, ’90.J&J 1127
Atch’n & Neb.—1st, 7s, 1907 M&S
BDstH.Tun.&W. -leb. 5s. 1913 M&S
lu5
112
Chic. Burl. & Nor.—5s, 1926
Boa ton & Lowell—7s, ’92
A&o till
105
lu4
113
1112
Debeur. 6s, 1896
J&D
24
6s, 1896
J&J 1108 110
Massawippi, g., 6s, gold, ’89 J&J
5b, 1899...,
J&J 1021* 103*s Chic. & Can. So.—1st, 7s, 1902 A&C 98 *98 *4 Conn. West.—1st M., 7s, 1900. J&J 122
Chic.
West’n.—1st,
5s,
1926
Kan.
&
*2
48,1905...:
M&S
59% 60
Conneeting (Phila.)—1st, 6s ..M&S
Income 6s
89
89%
4%a, 1903
M&N 107 109
Consol.RK.ot* Vt., 1st, 5s, 1913.J&J
114
116
Chic. & East 111.— 1 st mort. 6s, 1907
Boston & Maine—7s, 1893
J&J 1115
Cor. Cow. & Ant.— Deb.Gs, ’93M&N
118
Income bonds, 1907
116
Cuinb. & Peuu.—1st 6s, ’91
M&3
7s, 1894
J&J 117 116
1st, con., 6s. gold, 1934 .... A&O
Cumberl. Val.—1st M.,9s,1904. A&o
Bust. & Providence—7s, 1893. J&J 1115
120
1118*2
Chic.
&
mort.,
1900
110
Gr.
Trunk-^lst
£ost.&Revere B’h— 1st, 6s. ’97. J&J
ili'o' Dayton & Mich.—Consol. 5s
J&J 1107
50
>
Ch.& Ind.Coal K’y,lst 5s, 1936 J&J 106
104
Bradford Bord. & K.—1st, 6s, 1932
10 3
3d mort., 7s, 1888, now 2d. A&o
20
115
Chic. & Mich. L. S. 1st 8s, 1889
1
Bradf .Eld.& Cuba—lst.Gs, 1932J&J
Dayt.&
West.—IstM.,6s,
1905.J&J
108
ii*\ Chic. Mil. & St. Paul—
130
1125
1st mort., 7s, 1905
125
Brooklyn Ele.—1st, 6s, 1923..A&O
:
J&J
84
82
P. (lu C. Div., 1st, 8s, 1808. F&A
2d mortg. 3-5s, 1915
Delaware—Mort., 6s,guar.t’95.J&J 115
J&J 103
P. D., 2d M., 7 3-10s, 1898..F&A
132
Bnfl. Brad.A P.—Gen.M.7s,’96. J &J
Del.&Bound B’k—1st, 7s,1905F& A 131
12*6
136
1st, $, gold, 78, 1902
J&J 116
Del.Laok.& W.—Conv.7s,1892 J&D
BufhN.Y.&Erie-lst, 7s, 1916.J&D
4j
4>
La. (J., 1st M., 7s, 1893
J&J 117% 120
Buft.N.Y.& Ph.—1st,6s,g.,1921. J&J
Mort. 7s. 1907
M&S
I. & M., 1st M., 7s, 1897
120
J&J 120
120%
Pitts. TitU8V.& B.—7s, 1896F&A
Deu. &R. G. 1st 7s,gold,190». M&N
I’a. & Dak., 1st M., 7s, 1899. J&J
78
78%
Oil Creek, IstM., 6s, 1912. A&O
1*24*
1st con. 4s, 1936.
"3*3"
75
Hast. & Dak., IstM.,7s, 1910. J&J
Union & Titusv., 1st,7s,’90.J&J
Denv.& Rio G.W.-lst.Gs,i31 lM&S
109
J&J 127 0
do
5s, 1910
70
65
WarrenA Fr’kln,lst,7s,’96F&A 106*3
do
assented.
92
81
Chic. & Mil., 1st M.,7s, 1903.J&J A 2
Bnfl.A Southwest.—6s, 1908..J.&J
DCUV.S.P.&Pac.—1st,7s,1905
M&N
%
108
1st mort., consol., 7s, 1905..J&J
92
Bor. C. R.& N.—lst,5s,new,’OO.J &D
DesM.& Fi.D.—Guar.4s, 1905.J&J
100
1st M., I. & D. Ext., 7s, 1908J&J
50
Cons. 1st & col. tr., 5s, 1934. A&O
1st mort, guar., 2%s, 1*. 05 ..J&J
iii ” 116
89
1st M.,6s, S’thwest Div. 1909.1 &J
85
Minn. & St. L., 1st. 7s, guar. J&D
1st mort., guar 4s, on extension.
103
1st M., 5s. La C. & Dav. 1919J&J
1 16 %
Dot.&li.C.lst,8s,en.5I.C.1902M&N
j Iowa C. & W , 1st, 7s, 1909 M&S
107
So. Minn. 1st 6s, 1910
J&J 116
107%
C. Rap.I.F.A N.,1st,Os, 1920. A&O
Det. B. C. & A1p.. 1st,6s.1913 J&J
122
Chic. & Pac. Div. 6s, 1910 .. .J&J
cio
1st, 5s, 1921
A&w 100 100*2
103% 101-4 Det.G. Haven ite.Mil.—Equip. 6s, 191s : 120
do
West Div., 5s,1921. J&J
IzO
CmJilor. Pac.—1st M.,4*as,g.. .J&J
Con. 51., 5S till’84, after 6.*.. 191s 1117
100
124
Chic. & Mo. Riv. 5s, 1976
J&J
2d M.. 6s, g.,end C. Pac., '9 >.J&J
Det. L. & Nortli.— 1st, 7s, 1907.J&J 1122*4.
Mineral Pt. Div., 5s, 1910...J&J
3d M. (guar. C. P.), 6s, 1905. J&J 105
Det. Mack.& M.—1st, 6s, 1921.A&O
102 %
60
45
44
Chic. &.L. Sup. Div., 5s, 1921 J&J
do
do
3s, 1905. J&J
Laud grant 3%s, 8. A., 1911
10 JV
106
112
113
Div.,5s,
Wis.
&Minu.
192L...J&J
Cal.So.—lstts (Atch. guar )..J&J
Dub.
&
bak.—1st
51.,
6s,
1919.
J&J
1025a
843i 85
Terminla 5s, 1914
J&J 116%
111
Income 6s, iy~6
M&S
117*2
Dubuque Div., 1st, 6s, 1920.J&J 110
Camden & Atl.—1st, 7s, g.,’93..J&J
Dunk.A. V.&P.—l.*it,7s,g..l90oJ&D Ho
113
Wis. Val. Div., 1st, 6s, 1920.J&J
102
2d mort., 6s, 1904
A&O
j East Peuu.—1st M., 7s, 1888 ..M&8 116
Fargo & South.- 6s, ass. 1921. J&J
Cons. 6s, 1911
7
J&J
90
—1st,
7s,
J
:!
E.Temi.
Va.&Ga.
1900
&J
105
rue. conv. sin. fund rs, 1916 J&J
Canada So.—1st M.,guar., 1908,J&J
J&J | 116
93
92
Dak. & Gt. So. 5s, 1916
J&J :::::: i*38* J Divisional, 5s, 1930
2d mort., 5s, 1913
M&S
1st,
6s,
1918.
j
Ala.
Cent.,
J&J 97
93*2 94% Chie.&N.W.—Consol., 78,1915.^-197%
Cape Fear& Yad.Val.,lst,fs,l9l6..
[E. Term. V.&Ga.R’y.—1st,5s,1956. 109 110
108
Coneol.. gold, 7s, cp., 1902..J&D 129%|130
Carolina Cent.—1st,6s,g.,1920.J&J 103
118
I
iV W. Ry., Ala. -Jsr, 6s, 1926 1 124*2 125
80
85
Sinking fund, 6s, 1929
A&O 109*4 U10 ;East.
2d, inc., 6s, 1915
A&O
I Eastern, .Mass.—Gs, g.,19o6. .M&3
31
2 7
do
129
5S.1929
A&O 10a
3d, inc., 6s, 1910
*4!
debs., 6s, g., 1906..M&8 fl24
Sterling
debent., 5s, 1933.M&N
do
Catuwissa—Mort., 7s, 1900.. .F&A 121
96 % Eliz. City &Not\—8.F. dob.,6s.A&O
165
Exten. bds. 4s, 1886-1926...F&A
Cedar F. & Min.—1st, 7s, 1907. J&J
1st mort., 6s, 1920
5kv3
108
99%
25-yrs. deb. 5s, 19^9
M&N
Cedar R. & Mo.—1st, 7s, ’91...F&A 1107
04
Elizab. l.ex.& Big 8.—6s, 1902.M&S 1
133
131*4:
Escan.&L.Sup.,
1st,
6s,
1901.J&J
115
1st mort., 7s, 1916
M&N
127% Elmira& W’mspt—1st Us, 1910.J&J
120
Des M.& Minn’s, 1st ,7s.1907.F&A
2d mort., 7s, 1909, quar
J&D 1118
5s, perpetual
A&O 109
Iow a Mid., 1st M., 8s, 1900. A&O
Cent. Br. U. Pac., lsts,6s,’95.M&N 103
125*’
Erie & Pitlsb.—2d, now 1st
J&J 110-4
116
Peninsula, 1st, conv.,7s/98.M&S 121
13
Fund, coupon 7s, lb9o
M&N 108
...J&J 100
Cons, mort,, 7s, 1898
105
Chic. & Mil., 1st M., 7s, ’98..J&J
.
...
—...
......
—.
......
.
......
.
_
......
.
.
.
.
.
.
_
......
m
......
.
/
......
......
•
....
.
.
......
.....
......
......
......
...»
•
•
......
m
.
mrn
m
m
1
j
c-
...
......
......
.
•
.
•
•
•
......
......
.v
.
Atch.A Pike’sP k, 1st, 6e,g. M&N
A
106
tch.Col.&Pac., lst.Gs, 1905<^.—F
Atch. J.Co. &W.. 1st,Os, 1905.4,—F
Cent, ol Ga.—1st. cons., 7s,’93.J&J 1109
Cent. Iowa—New 1st., 7s , ’99.J&J II #3
Inc. bonds," debt certs.”, 7s,A&O
Eastern Div., 1st, os, 1912..A&O
Ills. Div., 1st, Os, 1912
A&O
Cent.KK.ol N.J.— 1st,7s, 1890F&A
7s, conv, 1902, assented
MAN
Con8ol.M.,7s,lS99, assented.0—J
Adjustment bonds, 7s, 1903M&N
Conv. dehem 6s, 1908
M&N
Iuter;m bond
Ain.
Dk.&
eei
Imp. Co.,5s, 1921 .J&J
20
72
idiSi
112
115
112
108
KO
114
......
103
.
....
......
112
106
115A1 1 ;S-«s
115;{S
115%
116%
101
10.J
104
_____
-
....
.
...
Cnari te 00.1.&’A.—Lons.,7s,’95.J&J
A&O
2d non., 7s, 1910
Cheraw & Dari.—1st M.,Ss,’88.A&c
Vd limit
7s
;
.
*
112
102
■
HO
Price nominal; no late transact ions.
ions.
112 A
ili
Evausv. &
95
do
2d 51.7s,1904. M&N
North Wise., 1st 6s,
133o.
,
Freni’c I’dk'n.
• ».
,
19
bOal.l-lous.A
j'Georgia—7
jel-;ts j j 6s, 1 8-).
1126
1120
116
.
[.
71.—
1st.OS
1883-90
In Loudon,
|| Coupon od.
116%
115%
......
109
110
113
1L7
118
—...
8*
%
89
12120
...••a.
.
......
110
95
75
AXU
J&.i
......
109
J&l
,
accrued interest.
102
1107
1108
1116
1116
,
W.Ind.—S.l'd. 6s, 1919 M&N
Georgia i'iicilic 1st, 6s, 1922.J&J
I
Generalmort.. 6s, 1032
Chic. & W. Mich. 5s, 19 J1.
..J&D
9.?1 t 18 j 2d mor t....
t’d,
.Jll.o
Gr.Ru’>. & ind. -1st,
Cin. Ham. & Dayt;—Cou.rOl.5s A&O t
mol
t.,
1905
>
L
Consol,
7s,
A&(
112
|
j Ex laud grant, 1st 7s,’99
\ Consol, mort, 6s, 1905
A&Otii7 118ig
115
j! Consol. 5s, 1924
..MAS
;
Cm. H. & 1., ist M.. 7s, 1903.J&J 3
1
Gr. B’y W.&St.P.—1st,6s, 191 l.F.&A
Cin. T. St. L. & Chic.—Con. 6s. 1920 ti05
|1 2d, incomes, 1911
i
O— li
1st. sold ts. 1936.
Purchaser also pays
...
Unstamped.. 1118
».lo
110
......
V.—6s, l933A».vO 11-0
G.II.&: au An 7 -ist,6s,g.l9lO.F&A
19 O' >
J on. i)
2d luui t.. 7.
West. i'i ■. L-', 5.-, 1931
M&N
2d.’ 6s, 1931... J A 1
’
St.
;Chic.&
......
Ft. Mad iso. - 5 N. W., 1st 7s, g., 1907*
av. (J.—1st, On, 1921
Ft. W o- lit v '
dO.
1 L7
...J&jj
Paul&S.City. 1st6s, 1019.A&o.
'Oliic. & Totnali.—6s
J
10 0
.
■
....
Un.& Logansp.,lst,7s, 1*305.A&o
I Cin. & Chic. A. L., 188G-’90
0100
'Chic.St.P.Min.&Om.—Con. 6s, I93u| 116
| Cli.St. P.& Mum. 1 st,6s, 191851 &N i
I
Crawl.—1st, 7s,
:
Chic. & Gt. East., 1st, 7s, 93-’9f>. I
1123
Col.& Did. C., 1st M.,7s, 190 I.J&.i t 117 h
|
t
1st, 6s, tiohl, tbV'6
J&J
1st, ts, gold, 1897
J&J
1st, is, gold, 1838
J&J
fc.Joaquin, 1st M.,6s,g. 1900. A&O
&
Cal.
Oregon, 1st, 6s, g.,’8*.J&J
do
series B, 6s, 1892
109
CaJ.& Or. C.P.bonds,6s,g.,’92 J&J ;iu7
Land grant M., 6s, g., 1890.A&O 10 *4
Mortgage bonds, is, li bt ...A&O) 1014
Wen. i «.cti., 1st, 6s, g., ’99..Jam 114
A&O
’87.J&J
E v a n s. & 1 u d. — 1 s t, gu ar., g., 6 s, 19 2 1
Menominee. Ext.,lst,7s, 191 IJ&Di flaO
i
J&J
1st, con., 1926
Northwest.Un., 1st,7s, 1917.M&S; i 130
vVluona&St.Fet.—2d7s,1907M&N 130%jl32 i ;Evans.& T.IL.lst eon.,6s, 1921,J&J
H08V | Mr. Vernon—1st, Gs.
A&O
Ott. C. F. & St. 1’., 5s, 1909..M&S
! |Evansv.T.lI.&Chi.—1st, 6s, g.M&N
; 110
North. Ills., 1st, 5s. 1910....M&S
ui v
AxiO
; Fitchburg—5s, 1899...
Chic.R.I.& Pac.—6s,1917,coup J&J
5s, 1900-01-02
A&O
I&J 103 |103%
I Exten. & col. 5s, 1934
6s, 1S97
A&O
I
Chio.&S. W.. 1st ,7s, guar. ,’99. M& S
7s, 18!U
A&O
Chic. & St.Louis— 1st Gs, 191~»,M&8
10b
Flint .v P. Marq.—M. 6s, 1920. A&O
'Chic. Santa Fe & Cal. —1st, 5s
(
lv-0% I
113*2
......
j Equipment. 7s, 1900
1130
98% Chic. St. L. & P.—1st, 5s, 1332. A&O j
98*6
ts
Leh.A YVilkesb.Coal.inc.,’bS.M &N
Consol., 7s, gold, 1900, ass’d.t^-M
Cent. Ohio—1st M.. 6s, 1890..Mas
Cent. Pac.—1st,6s,gold, le95 .J&J
86
12
Mil. & Mad., 1st, 6s, 1905..M.&S.
Madison Ext., 1st, 7s, 1911 .A&O
118 *4
loo
53%
*
i 29
b 47
1100
97%
107
56%
134
......
98%
107
39% 40
u
THE
1837.J
GE.VBRA.Li
For
QGOTA.TIOV3
Bid.
Ask.
120
99
Jo.-
jMemph.A Chari.—1st,7s, 1915.JAJ
11.2*1
2d mort., 7s, extended
JAJ
1st consol. 7s, 1915
JAJ
1st. cons.. Tenu. lien, 7s, 1915 JAJ
113
117
112
113
112
106 *2 1
71
H.A Tex.Cen- -1st m.,7s,guar.l891
West. Div.,
Cons, uiort., 8s, 1912
ice
7s, ’90.
Bond
....
io ih
1018
Cons 3d M. 5s, 1895
LlinoisCent.—1st Chi.A8pr.’5)
1st, gold. 4s, 1951...
1 1 f *2
/
10l?3
94
Consol. 5s. 1902
MAN
1st M. oil Air Line, 8s, 1890.JAJ
Air Line, 1st M.f as, gu ir
MAN
97
111
Middle Div reft.
111
115
1109
Sterling, 8.
;ii3
1109
con.
7s, 1897.
1909'
6s.
111
j iioi4
123
90
92
80
25
.
91
......
II103
Midi. Div., 1st, 6s, 1921
Asldand DivTJtsfi6s 1924
45
1
kl
90
I08
....
136
•
JJ*
VI l
1
A
A No.—1st,
,V Rf
!,
a
i\ |
A 0 V 9
litil.
6s,l910..
1 Ht. M
j
1 <V>7
TAn
101
,9
11 i
11«'
119
TAJ
l>r, 5s. 1936
JAJ
JAJ
Mo.Pae.—1st mort.,6s,gld,’8S, FAA
Consol. 6s, 1920
MAN
2d mort,,7s, 1891
JAJ
Car. B., 1st mori., 6s, g. ’93..A AO
3d mortgage, 7s, 1906
MAN
109 *1- iiOH,
......
109
1 12
94
lu2 hr lo3 8
Li'
^
3d prof,
4th
debentures
pn»f. debentures
New
......
mortgage, 6s, 1927
JAD
Collateral trust 6s, 1802
JAJ
1st extension 6s, 1927
.Q—J
St.L.A Cairo— Is, imar., 1931 .JAJ
......
.
12
L
23
123
1
L.8.AM. S.,cons.,cp., 1st,7s.JAJ
do eons., reg., 1st,7s, 15)00. (,£—.)
125 Ha:
1st mort., 7s, 1916
124
Morris A Esse x— 1 st,
2d mort, 7s, 1891
cp.,2d,7s, 1503..J&D 1 1 2 2 8
cons.,reg.,2d. 7s, 1903.JAD | 122
Mahoning Coal Kit. 1st, 5s..JAJ i
Law rein-e— 1st mort., 7s,1895.FAA I
1
...
Lehigh Val.—1st,6s.coup.,’98.JAD !
2d mort., 7fi, 1910
MAS i 4v/
Gen. M., s. f., 6s, g., 1923....JAD 13,
L. Miami—Renewal 5s,1912..MAN
L Rock A Ft.S.—lst,l.gr.,7s’95.JAJ
Long Island—1st M.. 7s, 1898.MAN
Morg’n’s La.ATe.x.,lst,6s,1920JAJ
AAO
7s, 1914 MAN
FAA
Bonds, 7s, 1900
JAJ
General mort., 7s, 1901
AAO
Consol, inert,,7s, 1915
1AD
....
cons.,
125
141
1./3V
—
115
no
1 IO
107
93 >
114
•
•
•
•
.
•
100
106
•
95
•
..
106
L22
L30
128
118
JAJ
119
109
120
120
109
AAO
bds., 5s, 1926, series A JAJ
1128
110
112
+
North. Pac., P. D’O I)iv.—6s, MAS.
Mo. Div. 6s, 1919
MAN
i
j Gen’l 1. g., 1st, 6s. 1921
JAJ
Hi 1
j1 Ceu. land gr.,2d, Gs, 1933... AAO
James Riv.VaL—Ist,g..6s.’36JAJ
Spokane A Pal.,1st 6m, 1936.MAN
Ht.P.A Nor. Pae. gen.6s,1923. FA 4
j Helena A Red M1.1 st 6».! 9.37MAS
<
Dnl. A Man.. 1st, Dm, 1936. ..JAJ
1 North. Pac. Ter. Co.
1st,6s.’3.3. JA,J
| No r w’ h A Wore * r—1 s t M.. 6 s. ’9 7. J A. i
......
i
......
..
U.5I4 1158
105 5s
105
.
|
.
106^
117
lo7
......
105
lOlkj
loo
115
91
j Ogd’iisb’gAL.Ch.—1st M.6s,’97.JA.I 1104
Sinking fund, 8s. 1890
MAS 1 102
j
104 H
Consol, ,6s, 1920.
AAO 103 H2
MIL
44
Income, 3s A 6s 1920
LI/
Ohio Con.—Riv. Div., 1st, 6s.. 1922
Income, 6s, 1922, Tr. reo
Ohio A Miss.—Cons.,s.fd.7s,’98 JAJ
125
Cons, mort., 7s, ’98
JAJ
100
117
1048
103
104
-
448
.....
......
117
1 16
115
......
......
49
2o
17
14
113 Hi
106
120
111
108
1st
,
7s, 191 1
A,VO
mort.,Springf.Div., 1905 MA N
Ohio River KR — 1st. 5s, 193C.JAD
Ohio Southern—1st 6s, 1921... JaD
36
2d income, 6s, 1921
Old Colony—6s, 1897
FAA ni7
:o7H
6s, 1895
JAD 1112*
75
7s, 1894
MAS 11168/
4His, 1904
AAO r U 8
Bost.C.AFitclib ,lst.7s,’89-90JAJ t 106
1
B. C. F. A N. B., 5s, 1910 ..JAJ t 112
H 10JHO
N. Bedford RR., 7s, 1894 ..JAJ » 115
i
78
Omaha A Sr. I,.—1st, 4s. 19..7..JAJ
126
j Orange B It—1stinorr., 6s, 1907.
lul8
•••...
102
39^
1178
113
118
110
107
1138
.....
117
79
89
108
.....
....
.
.
......
.
L J4
i 10
104
j
Oreg. A Cal.—1st 6s, 1921
JAJ U03
2d mort., 7s
0 regon A Tran scon t.—6s, 1922 M A N
Os w. A Rome—1st M., 7s, 1915.MAN 1124
Panama—Sterl’gM.. 7s. g. ’97. A AO ;io6
Sinking fund sub , 6h, 1910 MiyN
......
100 Hi
.
108
Perm. RK.— Gen. M ,6s.cp.,l
...
...
104
Penn. Co., 6s, reg., 1907
0.—J
do
1st M.,4Hjs, 1921.JAJ
115
Penn.A. N.Y.Can.— 1st. 7s, ’96. JAD
105 kj
1st mort., 7s, 1906
JAD
133
Pensacola A Atlantic-1st m.. FAA
LlOV Peo. Dec. A Ev.—1st. 6s, 1920. JAJ
124
121
2d mortgage. 5s, 1927
Mem.A 0.,stl., M.,7s, g.,1901 JAD jHJ
Sterlingmort., 6s, g., 1903...JAJ ;I2.2
101
120
Evansville Div., 1st 6s,1920.'MA8
ML. A C1 ark s v., st *g,6s, g.,1902 FA A
New York Central—6s, 1887.JAD
! 109
N. O. A Mobile. 1st 6s, 1930. JAJ ro8
Peo.A Pekin Un.—1st,6s, 1921.0— F
9;i4 98
N.Y.Chic.A St.L.—1st,6s, 1921 .JAD
97
96
I
2d mort. 4 Hs, 1921
do
j 98
2d 6s, 1923
Q—F
2d, Os, 1930
JAJ
MAS
Perkiomen—1st M., 6s, 1887..A&O
68^2 70
Pensacola Div., 1 ist'.Os, 1020..MAS lu3
N.Y.CitvA No.—Geu’l,6s,’10,Tr.rcc
(9
llo^l
Cons.
09H?
mort.. 6s, 15)13, sterling ...
8t. lands Div.. 1st, 6s, 1921 ..MAS
58
do
11/Hi
N. Y. Elevated—1st M., 1906.JAJ
2d., 3s„ 1980.MAS
Petersburg -Class A, 1926
JAJ
118
Nash. A Dec., 1st 7s, 1900...JAJ
Class B, 1926
AAO
N. Y. A Greeuw’d L.—1st M. me. 6s
11
1
112
E. II. A N„ 1st 6s, 1919
Phila. A Erie—1st M.,7s, 1888.JAJ
JAD
110
Gen. M.. guar., 6s, g., 1920. .JAJ
Gen 1 molt., 6s, 1930
JAD 108
N.Y.AHarJem—17s,eom>.,1900.MAN 130 Hi 132
1
80. ANo. Ala., S. F. 6s, 1910 A AO 106 Hi
Consol. 5s, 1920
AAO
N.Y. Lack.A W.—1st, 6s, 192l.JAJ
j 2nd, 5s, guar.. 1923
8un Imry A Erie, lstM.,7s.’97.AAO
lstinort., sinking fund, 8s ..
FAA
125
Phila A Read’g— 1st, 6s, 1910.JAJ
Trust bonds,-6's, 1922
N.Y.L.E AW.
1st,7s.’97, ext.MAN 120
Q—M 10/8
118 H.
2d mort. extern, 5s, 1919 ...MAS 1 *0
2d, 7s, ’93
AAO
Ten-forty 6s. 1924
MAN loo
102
Debenture 6s, 1893
3d mort. ex. 4Hjs, 1923
JAJ
MAS 117 H 10 1
50-year gold, 5s, 1937
MAN
98
118 Hi
9,-)
105
Peusa. A All.—lst,6s,gu,’21.FAA
4th mort., ext.. 5s, 1920.. ..AAO
Consol.M.,7s, 1911, reg.Acp.JAD
^tli m/»rL
7s 188.8
.T.Vrl)
Consol, mort., 6s. 1911
L»V,\N.A A Chic — 1st,Os,1910. JAJ 1111-2
JAD
95
95 8
Gen. mort. 6s, 1916
102^ 134 He
1st cons. M., 7s, g.,1920
Improvement mort., 6s, ’97. A AO
A AO
MAS
1
l
!
133
Gen’l mort., 6s, 1908
JA4
Lo’isv.N.O.ATex.—1st,5s, 1931M AS
!
123
Geu’l mort., 7s, 1903
Maine Cent. -Mort. 7s, 1898...JAJ 1 122
98^ 106
JAJ
MAN
Collateral Tr. 6s. 1922
114
Lxten. bonds, 6s, g., 1900... A AO 4113
Convertible, 7s, 1893
JA.J
133
Cans. 5s, 1st series
Cons. 7s, 1912
MAN
A AO 4 130
4
t
105
107
Cons. 5s, 2d series
FAA
Andioseog. A Ken.. 6s
.....
.....
.
104
;102
Subsidy bonds, Eng. issue, 6s
1338
910Q—J 133
123
Cons, mort., 6s, 1905
Q—M
Col lateral truwt, 4-Iqh, iyi3 JAI>
Consol. 5s, 1915)
JAD n;i£
......
I
99
......
129
I0S
......
.....
......
I
......
105*$
104
116
......
......
......
......
....
.
......
......
|
113
t112
Reorganizat’n 1st lieu, 6s, 1908
112
Gold income bonds, 6s, 1977....
till
K.,Cons. M., 6a,
1 106
L07 8
.FA A!
Debenture, 6s, 10-20
Lon? Dock mort., 7s, 1893..JAD
i 177a
90
Ma ..Bench lmp.,liiii.,7s, 1 90
4
ST V
l At \f
V 1^14^
1
7u
T Ar l
122
M arietta M n. - lsr, 6s, 191.
i3l
1 .CV
lliU^i
iM xll.
/ Oj X i7V»Jd 4V d
1 no
112
Ma rq’tte Ho. A O.—Mar.aO.,
I 1st M., 6s, 1905
JAJ 112
105
106
9 *Hi
I
JO
2d m.,6s, 1902
FAA
1908
99
! 98
87
2d 6s (sealed to 3s)
..FAA
6s, 1923 (extension)
97 8
9 8
IN. Y. N. II. a H.lst r. 4s, 1903.JAD
6s, 1925 (Mary. A West.)..
1
107 81110
IN.Y.Ont.A W.- -lsr,.g.,6s. 1914MAS | 108
Memphis A L. Rock—1st, 8i
P« rtl. A
.....
‘
.r-r
1
•
.
y
,
.
.
•Price nominal; no late transactions.
t Purchaser also pays
accrued interest.
„
.....i
j
'
......
H*l
Conv.
aiij. scrip
JAJ
Scrip for 6 deferred 82 coupons
1338
92
H3Hi
79
......
107-8
no
......
75
......
96
..
I In London.
11 Coupon oit.
......
188
It 6
92
.
.
...»
109
103
no
n 25
127
113
......
123
115
59
134
125
......
...
-
•
64
1343q
119
1088 109
1028
1018
(.OH 628
92
61
:9o
18
Deferred income
Income mort., cons. 7s, ’5)6, JAD
116^
124
CohJA T «rimr.,7s)’9‘2,ex-cp MA."
i
114
I Phila. Wil. A Balt.—6s, 1892..AAO 104
10->
I t 6s, 1900
A.V.O Uo7
90
5s, 1910
JAD 1106
|
Il l Ha
Trust certs., 4s, 1921
JA.J 101^*
109 : Pittsb.Bradf.A 6.—1st, 6s, certs...
83
113
.
105
118
......
..
......
.
......
..
-
Hi
107
,
Natchez Jack. A Col.—1st, 7s. 1910
1st consol. 5s, 1931
J
98
Newtown A FI., 1st, 7s, 1891
New’kS’setAS.—1st. 7s, g.,’89..MAN
N’burgbAN.Y.—1st M. 7s,l S8S..TAJ loo
L.LClt.\ A Flushing— 1st, 6-. 1911
j
N.Y.A Man. Beach. 1st7s.’97,JAJ f
109
YYY New Jersey A N. Y.—1st mort
N. Y. B. A M. B.,lct con. os. 1935
116
96
Lou’v.C.A Lex.—1st,7s,'97 JAJ(ex) 115
N. J.Southern—1st M.,new 6s. JAJ
2d mort., 7s, 1907
A AO 118 1119 i N. (). A Northeast. —Prior 1.6s.l;) 15
120
1 N.Y.A Can.—£ M., 6s, g.. 1904. MAN ; 113
Lou. A Nashv.—Cons. 1st, 7s, 1898. 113
104
Ceciliau Br., 7s, 1907
N. Y. Cent. A Hud. R.—Ex.5s.MAN
MAS 105) 8
J
Lob.-Knoxv. 6s, 1931
Mort., 7s, coup., 1903
M<vS
JAJ 132^
108
Louis. Cm. A Lex., 6s, 1931.MAN
|H6
i'12
111
!
101
lOL H
Nashv.Ch.A St.L.—1st, 7s,1913 JAJ
2d mort., 6s, 1901
TAJ
113
percent-
[Northern, N.J.—1st M.,6s,’88. JAJ
108 Hi lOaHi
5s, 1900
112
113
112
Mort.
1
I
1
......
3d mort., 6s, 1900
i
!
2/1 inert
121
91
1 L 10
45
i 2.j8
Northern Cent,—4 Hi
/
108
8 4
1st, 6s. g., 1899. (LT. P. S. Br.iJitJ
Han. A C. Mo.. 1st 7s, g..’90. MAN
J-|11-
106
130
90
Northeast..S.C.—1st M.,8s,’99,MAS
2d mort,.. 8s, 1899
MAS
Northern, Cal.—1st, 6s, 1907..JAJ
98ia
Pacific Ext., 1st, 6s, 1921.. AAO
Mo.K. AT.—Cons. 7s.. 15)04-6..FAA
JAI
Conselid.ited 6&. 1920
Consolidated 5s, 1920
JAI
2d mort., ineoine, os, 1911..AAO
5) >8 1<08
Kan. C. Clmt’u A Springfield—Is,5s
i 19
11 A
K.O.Ft.s -ott
A G.—1st,7s,1908 JAD
.TAD,'in;
1 2 1
11 A Desoto, 1st,7s, 1907011 19
Pleas Hill
Kansas (' IUwi-. A So. 1st, 6s. 1909- ill!
♦ 1-1 1 11 4 Hi
1121s
KC.St.J os.A
A C.H.—M. 7s, 1907. J A
l1 122
....
......
115 ig
ii6
10 4
104
51
102
do
2d M., ext.,1899.JAJ
108
do
3d M.. 6s,’86-’90.JAJ 1100
Va. A Tenn., 4tb M 8s 19O0J.V-1
121
do
extended 5s,1900..rA.T 105
North Carolina—M.. 8s.’ 1888.MAN 102
North Penn.—1st,7s, 1896
MAN 120
Gen. mort., 7s, 1903
TAJ 133
New loan, 6s, reg., 1905
MAS 110
110
......
1038
70
Impr. A Exten., 6s, 1934
FAA
Adjustment 7s, 1924
Q.—M.
Conv,. deb., 6s, 1894
JA.T
Norf’k A Petersb.,2d, 8s, ’93. JAJ
8outh Side, Va.,1 st, 8s, 1890... J AJ
...
......
J58
158
105
45
...
106 H>
102 Hj 103 Hi
77
118
58
91
62
62
,
......
98
11
t"9
2d mort., 4H28, 1937
FAA
Midl’d of N. J.—Ist,6s,19l0. AvYO
N. 5r. Wood.A. Rurkr 9d )pr> 191 2
Norf’k AW.—Uen’l M.,6s, 1931 MAN
New River 1st 6s, 1932
.AAO
105H: 100 Hi
10 4 Hi ioO
120
45
111
J4Hs
Income,- 6s. 1933
A feO
Susq. A W.—Deb. 6s, ’97.FA A
1st refund., 5s, 1937
JA.J
108
109
1*j4
Ask.
N.Y.
128^
12 V14
116
8s, series “ B”
:
Keokuk A Des M-lst,5s,guur.A AO
Knoxv. a Ohio 1st. 6s, 15)26
.JAI
Lake E. A V. ( st.—1 st,g.,5s, 1937JAJ
li\ae 8hor« A Mich. So.—
Cl. P. tfe Ash., new 7s, 1892..AAO
Bud.A E., new bds, M.,7s,’98.AAO
Buff. A State L., 7s, 1886 ...JAJ
Det. Mon. A Tol. ,1 st ,7s, 1906. FA A
Kalamazoo Al.AGr.R.,lst,8s.JAJ
Kal.A Wh. Pigeon,1st,7s,’90..J AJ
Dividend bonds, 7s, 1899... A AO
109
74
6SHi 70
68
67
22 Hi
92
95
90
88
40
43
71
.
Minn. A N. \V.—1st, 5s. 1934..JAJ
j Miss.A Tenn.-rrl st M., 8s,series “A"
119
Junction (Phil.)—1st,48S.1907 JAJ
2d mort.. 6s, 1900
A AO
Kanawha A O.—1st 6s, 1936 .J AJ
K.C.Spr.A-.Meui.—l8t,6s,1923.MAN
Ken. Cent.—Stamped 4s, 191 l.JAJ
' 1 Cl
JAD
Imp. A Equip. 6s, 1922
117
• 1
3d mort. ino.
Leased L. rental trust, per deb. 4s
West. ert. certifs, 8s, 1876..JAJ
do
do
7s, guar. Erie
N.Y. Phil. A Nor.—1st, 1923 ..JAJ
1714
1st M., Iowa City A W., 1909. JAD
2d mort,, 7s, 1891
JAJ
South west, E xt., 1 st ,7s, 1910. J A I)
jMimi’p. A
......
-
.
A
v*
(VTinn’n
115
88
L
Bid.
N.YLPa.A O.—1st, nc.,acc.7s, 1905
do
prior lien,iuc.ac.,5-6s,’95 1109
2d mort. ino
no
104
••••..
Ht, incomes
Mil.
......
JAJ
MAR
Railroad Bonds.
121
..
107 8
1 112
118'
103
MAS
MAS
do
68.1891
Joliet A N.Ind.,l8t,7s (cruar.M.C.)
Midi. A Ohio—1st, 6s, 1923 ...MAN
Midd. U11. A Wat Gap—1st mort..
2d mort. 5s, quar. N.Y. S. A \VT...
Mil.L.S.A W.— 1st M..6s,1921 MAN
Conv. dd». 5s, 1907
FA A
inYss
fonta A Lansing— 1st 8s,’89. ..JAJ i 106
I iwaCitvA West.—lst,7s,l909MAS
I i Falls A Sioux C.—lst,7s,’99AAO » 1 5 4
J^rterson—ist mort., 7s, 1889.JAJ 100
J-di. Mad. A I ml.—1st, 7s, 1900. A AO 1110
2d mort., 7s, 1910...
JAJ tl 16
do
do
r.ons.lst M
do
......
Ask.
125
125
120
125
.’.MAS
'MAS
Kalamazoo AS. H..1st, 8s,’90. MAN
J.L.ASag.Nortli Ext.,8s,’90.MAN
1
58, 1951, gold
Ind. Bl. A W.—1st, pf.,7s,
1st mort., 5-6, 1909,Tr
2d mort., 5-6,1909, Tr. rec.AAO
Income, 1921
East.Div., 6s, 1921 ,Tr. iec..JAD 1
Ind. Dec. ASp.—1st, 7s, 1906. AAD
2d mort.. 5s, 1911
JAJ l
2d, Income, 1906, Tr Co. cert.JAJ
New 1 sr mort. 6s, funded
fnd’polis A St.L.—1st,7s, 1919.Var.
Ind’aiHiiisA Vin.—1st, 7s, 1908. FAA
2d umrt,.. 6s, g., guar., 1900.MAN
tnt. AGt. Nort h1 st,6s, 1919. MAN
MAS
Coup. 6s, 1909
Y...Y.
5s, coup., 1931
1218
......
scrip
Incomes, 1911
Debenture 10s, 1890-95
A AO
Scrip 10s. 1889
JAJ
Mexican Nat.—1st, 6s, 1912
A AO
Speyer A Co.’s cert., 2d. inst. pd..
Mich. Cent.—Consol.,7s, 1902. MAN
112
2d mort., 7s, g., 1895
Chic St.AN O.—1st
Gold,6s, 1924
.'
JAJ
M-trop’n Elev.—1st, 68, 190S. JAJ
2d 6s, 2 899
MAN
Mexican Cent.—1st, 7s, 1911 .JAJ
Scaled 4s, 1911
JAJ
.•••••
Pa'je of Quotations,
Bid.
121
99 H
61
B0VD3—CbsristJED.
A.VD
Railroad Bonds.
1
Gen. mort. 6s, 1921
[unt. A Br. Top—1st,
STOJES
OB
E<|>IanatioiH See Notes at Head of First
Kailroad Bonds.
Han. & St.
CHRONICLE
l
August 6,
IOO
19
708
106
109
1078
102
92
THE CHRONICLE.
174
GENERAL QUOTATIONS
Pittsb.&Con’llsv.—lstM.7s,’98.J&J
Sterling cons. M. 6a, g., guar. J&J
Plttsb.Ft.W. & C.-l8t,7s,1912 Var
2d mort., 7s, 1912
J&J
3d mort. ,7s,1912
A &O
Pittsb. McK.& Y.—1st,6s,1932.J&J
Pittsb. & West.—1st mort
Portl’nd&Ogb’g—l8t68,g.,1900J&J
Port Royal & Aug.—1st, 6s, ’99. J&J
1899
J&J
Een.&S’toga—1st 78,1921
cou.M&N
Income mort., 6a,
7.
121*s
68
71
1C 4
102
102
M&N
111*2
110
do
do
•'**
*
**88**
113*2 103%
do
116
102
92
115
100
113*t
*85”
97
1083*
Bellev.& Car., 1st 6s, 1923. .J&D
fit. L. Ark. & Tex. 1st 6s,1936.M&N
2d mort., 6s, 1936
F&A
fit. Louis & I. Mt.—1st, 7s, ’92,F&A
2d mort., 7s, g., 1897
M&N
Ark. Br. 1. gr., M., 7s, g., ’95.J&D
Cairo Ark. & T.,1st,7s,g.,’97. J&D
Cairo & Ful., lst,l.g.,7s,g.,’91.J&J
Gen. con. r’y & 1. g., 5s,1931A&0
fit. Louis & San Fran.—2d,cl.AM&N
2d M., class B, 1906
M&N
do
class C, 1906
.~.M&N
South Pacific.—1st M. 1^88 .J&J
Kan.C. &8w., 1st,6s,g., V916..J&J
Pierre C. & O. 1st, 6s
F&A
J&D
General mort.. 6s, 1931
J&J
General mort., 5a, 1931
J&J
Ft.S.& V.B.Bd.,lst,6a, 1910.AAO
St.L.K.&So.W. -lat 6s, 1916M&S
Trust bonds, 6s, 1920
F&A
St. L. W. & W., 6s, 1919
M&S
fit.L.Vand.&T.H.—lstM.,7s,’97.J&J
2d mort., 7a, 1898
M&N
2d, 7s,guar., ’98
M&N
St. P. & Duluth—1st, 5a. 1931. F&A
8LP.Minn.& Man.—1st 7s,1909 J&J
2d 6s, 1909
A&O
M&N
Dak. Ext.. 6s. 1910
1st consol. 6s, 1933
J&J
do
reduced to 4*ss ..J&J
Minn’s U’n, lbt, 6s, 1922 ....J&J
Ant.&A.Pas8.,lst,6s,1916.J&J
lat,68,1 D26.J&J
Sandusky Mansf.& N.—lat, 7s,1902
Bay. FI. & W.—lat, 6s, 1934..A&O
95
2d mort
3d mort., income
Vickab. 8b. & Pac. -Prior
iio'
10*2*2
108
95
102
70
California Pacific
California Southern.
100
Camden & Atlantic
50
Pref
do
50
Canada Southern
100
Canadian Pacific
:
100
Catawiaaa
50
do
lat pref
50
2d pref
do
50
Cedar Falla & Minnesota
100
Central of Georgia
100
Central Iowa
.....100
do
lat pref
100
do
2d pref
100
Central Massachusetts
100
do
pref... 100
Central of New Jersey
..100
7
44
45
41
53
*53*2
J&I)
M&N
M&N
J&J
**98 *2
44%
44 *s
109
*
112*2
'
111*2
104*2 105*4
109
93^
113
113
113
93%
1131-2
160*4 101
105
M&N
Q’ney & Tol., 1st, 7a,’90.. ..M&N
U1.& S.Ia.,lst, 6s, 1912
F&A
St.L.K.C.&N. (r.est.& R.),7s.M&S
do Om.Div.,Ist7s,1919.A&O
do Clar. Br., 6s, 1919.. F&A
do No. Mo., 1st, 1895...J&J
do St. Clia’s Bridge 6s, 1908
Wab. Fuud. 1907-Var. 7s. F&A
100
100*2
i09
106
111
West Chester—Con. 7a, 1891..A&O
W. Jersey & At. lat M.,6al910M&8
do
(N.J.)—2d, 7s, 1900
.A&O
111*8 West Jersey —1st, 6s, 1896
J&J
118
lat mort., 7a, 1899
A&O
102
Consol, mort., 6a, 1909
A&O
108 *i
West Shore guar. 4s
J&J
Weat’n Aia.—lat M., 8a, ’88...A&O
2d mort., 8s, guar., ’90
113*8
A&O
118
118
116
90
119
110
117
118
112
95
70
108
M&S
65
107
45*2
70
109
RAILROAD STOCKS.
50
98
85
7...100
50
Topeka & Santa Fe..100
Albany & Susqueh., Guar.,
Allegheny Valley
leased... 100
100
100
pref., 6
2d, pref
100
Parkersburg Branch
Beech Creek
do
pref.
Bell’a Gap
Belleville & So. Ill.,
52
98*2
Chicago & West Michigan
100
Cin. Hamilton & Dayton
100
do
Pref
Cin. Indianap. St. Louia & Chie.lOO
55
99
Cincinnati & Milford
Cincinnati N. O. & Tex. Pae
*9*7
113
116
97*2 100
90
110
114
112
118
Boston &
...50
50
pref
Albany
100
ioi
Cons. M.,6a, g. 1905.tr. rec.
51*2 51%
Inc. and land gr., reg., 1915.July!
73
/ 0%
Rio Gr. Div., 6s, 1930, Trust rec. j
62*2 70
Gen.M.&tcr. 6s,1905.tr.rec.A&O.i
N.O. Pac., lat,6s,gold, lu20 J&J || 79*2
98
93*4
Tol.A.Ar.&N.M.—1st, 6a, 1924. M&Nj
107*9
Tol.A.A. cV Gr.T., lat.Ha. 1921.J&J' 106
100
do
Pref
100!
100‘
Buff. N. Y. & Erie, leased
Buffalo N. Y. & Phila.*,uss.pd
501
do
do
Pref... 50
Buffalo Rochester & Pittsb
100j
Burlimrtoi! ('. Kapi«1s& North..1001
t Purchaser also pays accrued interest.
100
Cin. Sandusky & Cleveland
50
Pref., 6.50
do
Cincinnati & Springfield
Cin. Washington & Balt
100
do
pref.. 100
Clev. Col. Cin. & Indianapolis.. 100
Cleveland & Canton
do
do
Pref..
Clev. & Pittsburgh, guar., 7
50
Cceur d’Alene..
Columbus & Xenia, guar., 8
50
100
Col. Hock. Val. & Tol
90
121*2
60
*110
106 *s
14
120
8
17
9
11
19*2 20
33
37
73*2
73%
.
36%
.
W-
-
.
*37
18
5*2
10*2
7
122
134
7*2
12
10
125
135
8*2
*82 5ft
139
83
140*2
110
7
ii
40
85
50
90
81*2
81%
118*4
113%
144*2
125
15
41
47*4
110%
i*20"
**80**
144
95
82
103*2
54
21
52
55
4
6
5
7
53
9
34
21*2
54
51
8%
33
59
--••at
170%
25
25*2
42*2
38
100
134
50 132
Coueord
145
120
Concord & Portsmouth,guar.,7 100 112
109
110
Connecticut & Passumpsic
100 xl07 195
107
Connecticut River
100 193
114
Danbury & Norwalk
50
7*6"
123
Dayton & Michigan, guar., 3*2 -50
do
Pref., guar., 8.50 166%
Delaware & Bound Brook
100 141
99*2 100
102
103
Delaware Lack. & Western
50 130*8 130*4
28
27
100
108*4 109*2 Denv. & Rio Gr
5934 60
do
125
dj
pref. 100
Columbia & Greenville,pref
13
Graude Western
11
Fort Dodge
25
do
do
Pref..
50
Det. Lansing & Northern, com .100
do
do
Pref. 100 X110
Denver & Rio
Des Moines &
95
11%
130
130
120
7*%
6*2
75
200
60
201
104
106
12*2
42
10
30
167
j
160
46
‘§9**4 ”"9*2
9
] In London
44
44%
*19*’
200
12*2
11*2
Grand Rapids & Indiana
Green Bay Winona & St. Paul..lOu
Pref. ...100
do
do
Houston & Texas Central
100
224
loo
220
57
31
93
Georgia Pacific
Huntingdon & Broad Top
1«5
223
98
217
155
100
67
86% 86%
99% 100
Georgia Railroad & Bauk’g Co. 100
26
:~
£
100
Flint & Pere Marquette
do
do
Pref
Florida R’y & Nav. Co
do
pref
Fort Wortn & Denver C...
Galv. Harrisb. & San Amtouio
132
160
112
'J?
50
East Penn
East & West, Alabama
Eastern (Mass.)
do
Pref
11*2
100
4% Eastern in N. H
100
2% Elizabeth Lex. & Big Sandy
50
7s Elmira & Williamsport, 5
do
Pref., 7..50
Evansville & Terre Haute
50
ioi *4 ioi 3ft Fitchburg. Pref
100
11*2
12
30
55
60
23
no*a
14
12*4
1%
90
......
v
100
Dubuque & Sioux City
Duluth So. Sli. & Atl
do
Pref
East Tenn. Va. & Ga. liy
100
do
do
lat pref.. 100
'
do
2d pref... 100
do
50
!Brooklyn Elevated., new
Brooklyn & Montauk
leu
nominal; no late transactions,
100
134*2
106*2
J&D.!
lat
do
do
Line
Boat. Con. & Montreal
100
do
Pref., 5...100
Boat. Ilart. & Erie, Knowl.agree’lu
Boston Hooaac Tun. & Western
Boston & Lowell
loo
Boston & Maine..
100
Boston & N. Y. Air-Line, pref
Boston & Providence
100
Boston Revere Beach & Lynn.. 100
t
115
Par
Ala. Gt. South.—Lim., A., 6a,pref..
Lim., B, com
Ala. N. O. & Pac., &c., pref
do
do
def...
Augusta & Savaunah,
Baltimore & Ohio
11
Chic. St. Louie & Pitta
100
do
pref
100
Chic. St. P. Minn. & Om.,com.. 100
do
pref..100
Weat.Maryl’d—3d en.,6a, 1900.J&J
W’nNo.Carolina—lst,7a,1890.M&N
**98**
Consol. 6s, 1911
116%
J&J
99
Weat’nPenu.—1st M.,6a, ’93.. A&O 103
Pitta. Br., 1st 3VI., 6a, ’96
J&J 110*2
91% Wheeling & L. Erie—lat, 5a,... 19^6
90*i Wichita & Western—1st, 6a
J&J 1*05*
122
Wilm. Columbia & Augusta, 6a
112
Wil.&Weldon—S. F., 7a, g., ’96. J&J
96
Wisconsin Cent.—lat aer., 5a, 1909
47*2
119
2d aeries, 7a, 1909, if earned ....
113
Wia. Valley—lat, 7a, 1909
J&J 120 123
108
100
Worc’r&Nashua—5s, ’93-’95.. Var. 107
103
75
Naali. & Roch.. guar.. 5s.’94.A&O 107
Bo. Pac,Cal.—1st,6s,g.,1905-12 A&O 114%
So. Pac.,Ariz.—1st,6s,1909-10.J&J 111*4 iri
So. Pac.. N. M.-lst, 6s, 1911 .J&J 108
fitaten Isl. Rapid Trans.—lat mort.
106
Steuben. & lnd., 1st 6a, 1914..J&J 105
Stock. & Cop.—1st, 5a, 1905. ..J&J
Summit Br.—1st, 7s, 1903
J&J
Sunb.Haz.&W-B.—lst,5s,1928M&N 104
100
98
2d mort., 6a, 1938
M&N
134
78
79
88*2
119
Atchison
Atlanta & Charlotte Air
Atlantic & Pacific
46
97*2
83
105*2
113*2 116
90
85
97*2
Indianap. Div., 6s, 1921
J&D
Detroit Div., 6s, 1921
J&J
Cons.mort.,7s,1907,con vert.Q—F
1st. St.L. div., Vs, 1889
F&A
Gt. West., Ill., 1st, 7s, ’88
F&A
do
2d, 7s, ’93....M&N
Warren
118*2
110*2
68
104
J&D
J&J
J&J
113*2
Income 6s, 1931
Bo. Cen. (N.Y.)—Consol. mort., 5s..
Tex.&Pac—latM.,6s,g.,1905.M&s!
Equipment 7s, 1883
Various 68
F&A
W.St. L. & P.— Iowa D. 6s, Tr. reo..
flo. Carolina—1stM.,6s,1920..A&O
2d mort., 6s, 1931
J&J
Tex. Cent.—lat,ak.fd.,7a,1909M&N
1st mort., 7s, 1911
M&N
Texas & New Orleans—1st,7a.F&A
Sabine Div., 1st, 6s, 1912...M&S
F&A
i 14
Bioux C. & Pao., 1st M., 6s,’98.J&J
Sodus Bay& So.—lst,5s,g.,1924J&J
Suep.B.&ErieJunc.—1st M.,7a
Syr.Bing.&N.Y.—consol.7s,’06A&O
1st, ext., 7s, ’90,
Gen., 68, 1920, Tr. rec
Chic. Div., 5s, 1910 gold
HavauaDlv., 6s, 1910
99
il7
M&S
M&S 101
90*8
cumul., 6s, 1927...J&J
M&N
guar., 1936
Wabash St. Louis & Pacific—
45
112
121
;110
.
4tli series, 3-4-5a, 1921
5th aeries, 5a, 1926
107*2
112
35
56
15
51
50
117
6
14
Chicago & Atlantic Beneficiary....
Chicago Burlington & North..- IOC
Chicago Burlington & Ouincy..lOO
Chicago & Canada Southern
Chioago & East Illinois
Chicago & Grand Trunk
Chicago & lnd. Coal Railway
do
pref
do
Chicago Milwaukee & St. Paul. 100
do
pref., 7.100
100
Chicago & North Western
do
Pref., 7.. 100
Chicago Rock Island & Pac.... 100
105
109*2 111
94
9,6
9*2
lien, 6a.
50%
1
Va.Midland—lat aer.,6a,1906.M&S
2d series, 6a, 1911
M&S
3d aeries, 5-6a, 1916
M&S
Incomes,
Gen. 5s,
123
55*2
Central Ohio
50
do
Pref
50
112*2
Central Pacific
100
1*15%
103*2 101*2 Charlotte Col. & Aug
100
99% 997g Chesapeake & Ohio, common ..100
do
lat pref... 100
90
do
2d pref.... 100
91
90*4
Cheshire, pref
100
1105
Chicago & Alton
100
A&O
Mort., 7s, 1879-1909
2d mort., 7a, ext. 1893, ex..M&N
2d, 7“, 1899
M&N
Soloto Val.—1st, 7s, sink’g fd..J&J
2d mort., 7a, aink’g fd
A&O
Consol. 7s, 1910
J&J II 50
Sham. Suu.& Lew.—lat, 5a,’12 M&N
83
61iam.V.& Potts.—7a, tou. 1901J&J
Shenandoan Val. -lst.7s, 1909.J&J
44
General mort., 6s, 1921
A&O
65
Shreve. & Houa.—1st, €s, gu., 1914
1st M., 6s, 1896
Denv. Div., 6s
1st cons. M.,6s,1919
ext,1st,7a,1909 J&J
Utica & Bl’k R—Mort., 7a, ’91. J&J
Valley of Ohio—Con. 6s, 1921.M&S
Ver. & Mass.—Guar. 5a, 1903 M&N
Vlckab. & Mer.—Now lat mort
Bellev.&S.Ill.,lst,8.F.88,’96.A&0 117*
Price
96
108*2
103*2
do
fiomeWat’n&O.—S.F. ,7s,1891. J&D
2d mort., 7s, 1892
J&J
Consol., latex. 5e, 1922
A&O
fiutlanu—1st M., 6a, 1902
M&N
Equipment, 2d mort., 5s
F&A
fit Jo. &Gr. Isl’d—1st, guar.6s, 1925.
2d mort.. incomes, 5s, 1925
fit.L.AJt.&T.H.—1st M., 78, ’94.J&J
2d mort., pref., 7s, 1894
F&A
2d income, 7s, 1894
M&N
Div. bonds, 1894
*
93
115
♦124
106
95^
110
M&S
’96. A&O
Oregon Short-L., 6s, 1922 .. F&A
Utah Cen.—1st M., 6a, g.,1890. J&J
Utah So., gen., 7a, 1909
J&J
Rich. & WestPt.Ter., Cs, 1897.F&A
fioch. & Pitts., 1st, 68,1921...F&A
Consol. 1st, 6e, 1922
J&D
do
income. 1921
Rome & Carrollt.—lat, 6r. g., 1916
Rome & Dec.—1st., 6s, 1926. ..J&D
South. Kansas—1st, 5s
Income, 6s
Atk.
115
A&O
Ora. Bridge, aterl. 8a, g.,
J&J
Collateral trust, 6s, 1908
Collateral trust, 5a, 1907....J&D
Kans. Pao., lat, 6s, 1895
F&A
......
—
At. & Gulf, con. 7s, ’97
So. Ga. & Fla —1st, 7s, 1899
Bid.
11434
J&J
J&J
1st, 6a, 1898
1st, 6a, 1899
Land Grant, 7a, 1887-9
Sink. F.,8a, 1893
105
42
140
Potomac—6a,ext.J&J
Mort, 7s, 1881-90
J&J
filch. & Petersb., 6s, 1915
M&N
New mort., 7s, 1915
M&N
Richmond York Riv. & Ches., 8s...
do
Railroad Stocks.
......
filch. Fred. &
Ban
Ask.
Tol. Peori a & W.—1 st;7s. 1917, t r. rec.
96*2
120*2 1*2 f *2 Tol. St.L.&K.C., 1st,6a, 1916...J&D
130
United Co sN.J.—Cone.,6a,’94.A&O 112
1128
140
do
gen. 4a, 1923
F&A 103
137
138*2
Sterling mort., 6a, 1894
M&S nu il3
125
do
68,1901
M&S U20
Cam. & Amb.,mort., 6a, ’89.M&N 106
114%
92
Union Pacific—lat, 6s, g., 1896. J&J
89
110
108
lat, 6a, 1897
J&J 114*2
do
ex coup....
Con. gold, 5s, 1936
A&O
Piedmont Br., 8s, 1338
A&< >
Equipment 7s. 1895
Bid.
)8
114
filch’d & Allegb—1st, 7e, trust rec.
2d mort., 6s, 1916
M&N
filch’d & Danv.—Con.,6s,’90..M&N
General mort., 6s, 1915
J&J
Debenture, 6s, 1927
A&O
2d mort., 6b
of First Pa*e of Quotations.
Railroad Stocks
Ask.
Bid.
Railroad Bonds.
Pittsb.C.& St.L.—1st, 7s, 1900.F&A
Pittsb.Cl.& Tol.—1st, 6s, 1922. A&O
OP STOCKS AND BONDS—Conti.wed.
Explanations see Notes at Head
For
XLV.
[Vol.
23
34
16*s
50
36*2-
do
do
Pref... 50
Illinois Central
100
Leased line, 4 p. c. 100
do
Indiana Bloom. & West.,ass. pd.100
Iowa Falls & Sioux City
100
Jert’v. Mad. & lud’p’s, leased.. 100
Kanawha & Ohio
do
1st pref
123
92
18*2
do
2d pref
Kansas City Ft. Scott & Gulf.. .100
do
do
prof.. 100
Kans. City Springf.& Memphis
Kau. City Clinton & Spriugf’ld. 100
100
Keokuk & Des Moines
do
pref
Kingston & Pembroke
|] Coupon off. § Price per
100
3’%
38
Vi
share, c In Frankfort.
August 6,
THE
1887.]
aSN’BRA.L
For
Bid.
Railroad Stocks.
RR. STOCKS.
Continued.
Lake Erie & W.... 100
do.
Pref. i
L. Sli. & Mich. So.. 100
Lehigh Valley
50
Long Island
50
166% 167
55%
95
17
26
13
24
11
25
•
Louisv.N.A.&Chic.lOO
Macon & Augusta
Maine Central....100
Man. & Law’ce
100
Man. Beach Co... 100
Manhattan, con... 100
100
Pref.. 100
6l%
61%
48
43
137
1*4*6
217
13
113
222
13
114
22
92
53
14
-
-
•
.
.
85
5 L
Memph.& Chari
25
Mexican Central.. 100
Mexican National....
Mex. Nat Constr. Co.
13%
8
9%
81%
27%
82
9
47
95
10
43
2738
*2*7%
Pennsylvania Coal.50
Quicksilver Min’g.100
do
pref. 100
27
Tol. Ann Arbor & N.M
too.
12c.
L’ol. Cin. & St. Louis
27
Tol. <fc Ohio Central...
51
oo
do
Pref.
Tol. Bt. L. & K. City...
do
pref..'
215 %
U. N.J. RR &C. Co.100
55% 5558
Union Pacific
100
26
Utah Central
100
Utica & Black Riv.l 00 115 ‘
140
Vc.& Mass.,l’sed,6.100 139
5o
:*8
Vioksb. & Meridian
1
do
%
pref...
j
35
3o j
Virginia Midland
Vabash Pur. com.cert
17% 17%
do
Pref. 100
295s 30%
Warr’u(N.J.),l’s’d,7.50
Vest Jersey
50 | 60
110
110
Vest Jersey tfe Atlantic
56
......|
1*3%
Vestern Maryland....
58% Wheeling & L.Erie 100
44
§ 58
14% 15
Vil. Columbia (fe Aug..
Minneap. & St. L..100
8 3
8 3
34
26
98
do
Pref... 100
Misso’i Kan.& Tex. 100
Missouri Pacific... 100
Mobile & Ohio
100
Morris & E’x, gu.,7.50
Nashv.Cliat.& St. L.25
Nashua & Lowell.. 100
35
New
do
4
N. Jersey Southern
N. News & Miss.Val.Co
17
1>
107 34 103
N.Y.Ceut.& H.Riv.100
N.Y.Ch.&8t.L. ass. 100
do Pref., assent. 100
N. Y. City & Northern.
17%
17%'
30 Hi
31
j
225
1
218
1
.
30%
*36%'
67
67 %
43%
43%
103%
104
225
225
17
16%
...
Northern Central...50
Nortli’n N.
Hamp.100
North’ll Pac.,com. 100
ri<>
Nc
,
9ffd.
(£
& Worcester. 100
(yiiaiu.i.lv'iJ
Ohio & Miss
100
do
Pref. 100
Ohio Southern
100
Old Colony
100
Oreg.&Cal.
ass.
16
43
)
Chesapeake & Del. 50
Del. & Hudson
100
Del. Div. leased,8..50
do Pref. ass.pd 100
Oswego & 8yr., guar..
Pennsylvania RR. .50
Pensacola <fc Atlantic.
§
100% 100% Brooklyn Trust
49
174
14
176
17
26
‘26%
184
%
87
16
16
178% 17o%
19
20
25%
26
140
*55
55%
**28**1
TIISC’LLANEOUS
BONDS.
r3anton(Balt.)6s,g., ’01
Un. RR.,lst, end.,6s.
Col.Coai& Iron—1st,6s
Cov.&Cin.Bge. 53,3-5}’
5s, 5 years
M&S
Hend’u BridgeGs, 19 31
Or. Imp., 1st, 6s. 1910
Oreg.R.&N. lst.6s,J&J
Debenture 7s, 1883.
Cou. 5s 1925 J.&D..
Pullm’n Palace Car—
3d series, 8s,’87F&A
4th do
8s,’92F&A
■
*99
i'00%
100
101
107
^
109
100
5%;
..
58
60
Richmond York R.& C.
y5
100
Rome <fc Decatur
Rome W. <fe Ogd... 100
31
do
Rutland
do
Pref
loo|
Pref., 7.. 100
8t. Joseph & G’d Isl’d.i
St.LouisAlt.&T.H.lOO
do
Pref. 100
St. L. Ark.& Texas
St. L. Ft. Scott<fe Wicli
St. Louis tfe 8an Fr.100
do
Pref.... 100
do
lstpref.100
...
*
N.Y.&Tex.Ld.,Lim. 50
j Land scrip
Oregon Improvement.
35 ! 88
Oregon Ry.&N.Co.lOO
3*%
8% Pacific Mail SS. Co. 100
Philadel. Co. Nat. Gas.
39 i 40
41
37
73 : 80
15% 15%
j
Pullm’n Palace CarlOO
San Diego L ind
j
St. Louis B’dge, 1st pref;
2d pref. certificates.;
St.Louis Tunuel RR..;
35% *3*6 % St. Louis Transfer Co.;
Union St’k Yds.&Tr.Co:
73%; 74
114% West End L ind (B >st.)!
112
'
Price nominal; no late transactions,
43
93
45
3734
3s%
93
LOO
96
147
146
46% 47
106
{104
52
{50
{105 1 109
75
70
110
j 125
3t. Louis Gas Tr... 100
Laclede, St. Louis. 100
United Gas Imp., Phil.
Wasli’tou CitvG. L.20
GOLD ASILVGK
MINING STOCKS
Alice
Alta Montana
Amie
Barcelona
21%!
22%
74%
75%
70
121
"*39% *40%
125
2-00
Consol. Pacific...
Crown Point
Dunkin
Eureka Consol...
600
•15
•25
•53
6-00
•35
•60
7 00
•60
Gold Stripe.
4-80
•15
4-40
•50
.
•25
Little Chief
50
Little Pitts
Mexican G. & Silv.100
145
Ophir
10
Potosi
100
115
565
450
560
*4*2*5
1**35
1-40
8 25
•20
1
Robinson Consol..
50
100
Sierra Nevada
Silver Cliff
50
100
Standard
Uuion Consol
100
BOSTON MINING
•30
****
*
...
Rappahanock
30
116
180
100
1
•45
*4-25
«
•05
+
®
•10
1-40
300
1-50
••••»•
STOCKS.*
105%
50c.
Allouez
1
25
9
ia
25
Atlantic
4
6
Brunsw’k Antimony.5
202
Calumet & Hecia...25 x200
250.
2?Cr
10
Catalpa Silver
15
20
Central
25
100
100
106 82
L72
110
170
103
155
160
120
84
121%
124
Copper Falls
50
Franklin
Huron
Minnesota
National
Osceola
Pewabic
25
25
25
'.
Quincy
112%
Ridge
155
11
107
158
110
215
117
42
lli»
3
75c.
50c.
25
25
25
25
25
Tamarack
25
MAN U FACT’ING
STOCKS.
Am. Linen (Fall Rlv.)
102%
26%
75o.
27
2
49
75c.
86
50
1
90
2%
790
114
2440
119
675
Amory (N. H.)
100 113%
Amoskeag (N.H.) 1000 2425
Androscog’n (Me.).100 113%
Appleton (Mass.). 1000 670
108% Atlantic (Mass.)... 100 113
63
100
Baruabv (Fall Riv.)...
160
112
110
119
107
113%
102%80
143
1370
130
1180
160
910
93
117
550
Barnard Mfg. (F. R.)..
Bates (Me.)
100 142%
Boott Cot. (Mass.) 1000 1350
127%
Border City Mfg. (F.R.)
Boston Co.(Ma88.)1000 1175
Boston Belting.... 100 139
iBost. Duck (Mass.)700 x90 )
Chace (Fall Riv.) .100
..
.
;Chicopee (Mass.) ..100
224
•90
•70
3-25
•13
3 00
•11
Iron Silver
....100
1st mort., 7s, 1893..
GAS STOCKS.
Balt. Consol. Gas
52
Boston Gaslight... 500 1015
East Boston...^
25 x 40
•20
Independence
Navajo
42dSt.Man.&St.N. Av.
1st mort., 6s....'
2vl iuc., 6s
Houst.W.3t.& Pav. F’y
1st mort., 7s, 1894..
Ninth Avenue
Second Avenue
1st mort., 5s, 1910..
Cou8ol. 7s, 1888
Sixth Avenue
1st mort., 7s, 1890..
Third Avenue
1st mort., 7s, 1890..
1-7U
r
160
Christopher & 10th St.
Bonds, 7s, 1898
DryDk.E.B.& Battery
1st M., consol.7s, ’93
Scrip 6s, 1914
Eighth Avenue
Scrip 68, 1914
42d & Graud St. F’y..
1st mort., 7s, 1893..
1*10
18-12
20 3
Central Crosstown....
1st mort., 6s, 1922..
Central Pk.N <& E.Riv.
Consol. M., 7s, 1902.
•37
103
150
103
•35
......
100
i In Londou.
68%
119
Caledonia B.
Long Island
t Purchaser also pays accrued interest,
65
65
106
Mercantile
100
75%
123
97
1-75
125
135
Roxlmr.v
116
60
Bechtel.
Green Mountain..
Hale & Norcross.
Horn Silver
Twenty-Third St
!
174
(N. Y. & SAN. FRAN.)
100
{Bleecker St.& Fult.F’y
1st mort., 7s. 1900..
Broadway’ & 7tk Av...
97% ! 1st mort., 5s, 1904..
109%
2d mort., 5s, 1914...
jB’way Surf., gu.,5s,’2 4
101
j Guar., 5s. 1905
I Brooklyn Cable RR.,6s
I Brooklyn City..
1st mort., 5s, 1902..
Brooklyn Crosstown..
1st mort., 7s, 1888..
138
BusbwickAv. (Bkly’n.)
*2*8%
Peoria Dec. <fe Ev..l00
62%
loo
L
29
Phila. & Erie
50 5
Deb’ut’re,7s,’88A&0
115
Phil. Germ. & Nor..50 M-14
3t. L. Bridge & Tun—
Phil. Newt. & N. Y..50 §
1st, 7s, g, 1929.A&O 1138
Phila. <fe Read.cert,.501
54% 545s Tenu.C.&I.,oon.6s
do
105
Pref. ...50l§
South Pitts, 1st, 6s..
Phila. Wilm.& Balt.50!}
84
Bir. Diy.lst.Cs, 1917
20
Pitts. Cin. & St. L. .50
TIISC’LLANEOUS
1
Pitts. & Cou., l’sed.50
STOCKS.
i*5*i * Amer.Cotton Oil trusts 35
Pitts.Ft.W.<fe C., guar. 7 151
35%
104
Pitts. McK’ pt, & 7ou.. 104
7%
7%;
Aspinwall Land.... 10
7%
Boston Land
10
7%;
Pittsburg <fe Western..
133
Port.Saco APorts.lsd 6 132
8%
8%
Boston Water Power..
2
Port Royal <fc Augusta
5
4%
Brookline (Mass.)L’d5
1*0*5* Canton Co. (Balt.). 100 43
50
Ports. Gt,F.& Con.lOo 102
Prov. & Worc’ster.100
Cov. & Cin. Bridge, pf. 210
160
Rens. <fe Saratoga.. 100 1 ^0
5
East Boston Land.
3
Rich. <fe Alieg., rec
6%
7
Frenchman’s Bay Ld.
3
Rich. F. & P., com. 100 120
140 I
124
Joliet
;
Steel
Co
100
do
Guar. 7.100 152
3% 12
iKeeley Motor
do
do
2%;
123
6
2%
Maverick Land.... 10
110
100
Richmond & P’b’g.100 403
1
95
N.E.Mtg.Secur.fBost.,
Rich. <fe West Point
25c
50c.!
26% 26% N. Hampshire Laud 25
Petersburg
Portland, Me., G.L.50
251 260
N. Y. Guar. & ImL.lOO
N. Y. Life & Trust. 100
Union
100
United States
100
N.Y. A BB’KLYN
HORSE BBS.
62*’
122
9*4*’
Mutual of N. Y
100
N. Orleans G. L. ..100
450
4^0
Metropolitan
84
*74*'
Equitable. N. Y
...100
Central
Farmers’ Loan & Tr.25
1 Knickerbocker
100
do pf.,guar. 10.. 100
Pennsylvania
50
Schuylkill Nav
50 **."!”
59%
do
do pref.50 *
6
pd.100
Oregon Short Lne....
Oregon Traus-Cont
STOCKS, N.Y.
Am. Loan & Trust. 100,
80
200
Morris, guar., 4
50
Consolidated, N.Y.100
Illuminat’g 100
*
75
86
85
144% 145
33
33%
People’s, Jersey C
Central of N. Y
57
30
160
70
115
Louisville G. L...
84%
115
181% 185
.
Edison
Edison Illumiuatiug..
United States
United States Ill. Co..
TRUST CO.’S
CANAL STOCKS.
17
Cincinnati G. & Coke
Hartford, Ct., G. L..25
Jersey C.& Hobok’n 20
.
Coup. 7s. 189 4. A&O
1st Pa.D.cp.,7s,M&8
Lehigh Nav.- 4%s, ’14
RR. 6s, reg., ’97.Q-F
Conv 6s,g.rg.’94M&S
6s,g.,cp.&rg..’97J&D
Cons. M., 1911 7s J&D
Penn.—6s, coup., 1910
Schuylkill Nav.—
1st M.,6s, 1897.Q-M
2d M., 6s, 1907. .J&J
Mort. 6s, cp.,’95 J&J
6s,imp.,cp.,’80M&N
6s,bt&car,1913M&N
7s,bt&car,1915M&N
3usq.—6s,cp.,1918J(fe.J
7s. coup., 1902..J&J
31%
44
59%
(>...,<•
ij.
lu%
9%
3034
2%
104
50
80
100
60
115
13
160
25
Charlest’u,S.C.,Gas.25
Chicago G.& Coke. IOC
128
112%
114
106
100 xl 12
'Citizens’, Brooklyn.20
Metropolitan, B’klyn.
Nassau, Brooklyn ..25
People’s, Brooklyn. 10
Wiluamsb’g, B’klyn 50
i
120
108
185
161
145
loo; 215 220
j Lowell
Lynn, Mass., G. L.. 100 119% 120
Maid.& Melrose...100|x 106 108
{Newton& Wat’n ..1001x140 142
Brooklyn, L. 1
Wyoming Val.Coal. 100
Ask.
South Boston
100
Brookline, Mass... 100
|8alem, Mass.,
Ten n. Coal & Iron Co 10 0
EXPRESS ST’CKS
Adams
100
American,
100
United States
100
Wells. Fargo & Co. 100
TEL’PII STOCKS
AND BONDS.
American Tel. & Cable
Atlantic & Pacific st’k
Bank’s & Mereli’ts.lOO
General mort. cert..
Baltimore & Ohio.
Cent. & So. Am. Cable
Commercial Tel. Co.pf.
Franklin
100
50 I Gold & Stook
100
14%'
Bonds
Mexioau
100
i*2*o* ‘i N. Y. Mutual Un. Tel..
125 j
Mutual Union 6s....
20% N’west., 7s. 1904 .J&J
33%; Postal Telegraph.. 100
140 j
Bonds, 1st 6s
Bid.
xl 15
106
i I Cambridge, Mass..100 xl82
iChelsea, Mass
lOOi 112
! Dorchester,Mass.. 100 xl 14%
i Jamaica
Pl’n.MasslOO 160
Lawrence, Ma88...100! 144
I
30
Postal T. & Cable.
80
86
So. Tel., 1st mort. b’ds
South’u & Atlantic.25
107
Western Union.... 100
ll>7
7s, I960, M. & N
1155a
TELEPHONE
140
STOCKS.
109
202
American Bell
100 x201
115% Amer. Speaking... 100
111% Erie
31%
113
113 %j i Mexican.
138
42
129% New England
72
83
50c
10
Tropical."
ELECTRIC
80
87
LIGHT STOCKS.
45
80
Brush, Balt
100
100
Brush
Ches.&Del.-lst, 6s,’86
C les.&O.—6s,
i
%
i
I
I Del. & H.—78, ’70.Q.-J
’91. J&J
7%! 1st ext,, 1891..MAN
1
Pref.
N. Y. & Harlem
50
N. Y. Lack. & Wes t... 100
N.Y.L.Erie& West. 100
do
Pref. 100
N.Y. & N.England.100
do
Pref. 100
N.Y N H.&Hartf.lGO
N.Y. Out. (fewest.. 100
N. Y. Penn. & Ohio
do
Pref
N.Y. 8usq. <fe Western.
do
Pref.
N.Y. West Shore & B..
Norf.& West,, com. 100
do
pref. 100
No. Pennsylvania..50
....
12% 14
139
139
77 % 80
200
20j
Jersey & N. Y
95
20
33
137
Vilm.& Weldon, 7.100
Visoonsiu Central
do
Prof.
Vore’ter&Nashua. 100
CANAL, BONDS.
26%
98%
N’squehoning Vall’y50 J 54
iCol. & Hock. 100.C& I.
Consol.Coal of Md.100
Homestake Min’g.100
New Central Coal .100
N. Y. & Perry
100
Ontario Sil. Min’g.100
Miscellaneous.
;
STOCKS, N.Y.
{Marshall Cons. Coal..
{Maryland Coal....100
.
Ask.
MINING
31
130
...
do
A
Bid.
113' j Colorado Coal & 1.100
..
Michigan & Ohio
Pref..
Michigan Cent.... 100
Midland of New Jersey
Mil. Lake S. & W..100
do
pref. 100
Mil. & Northern
Mine Hill &8.H....50
I
16
10
ieab’d & RoauokolOOi
iouth Carolina
1001
So. Pacific Co
100| 31
3’ west,, Ga., g’d ,7.100 129
Sunbury & Lewist..50
Terre II. & Ind’nap.50
Tex & Pac. ass. pdlOO
BONDS—Contacted.
Paije of Quotations.
Cameron Iron&CoaloO
112%
|
175
Miscellaneous.
78
78
99
iyr. Bing. <fe N. Y.100
lummit Branch,Pa.50
30
Ask.
COAL
i it. P.Minn. <fe Mau. 100
45
Lou.&Mo. River. .100
do
Pref
100
Lou. Evans.&St. L.lOo
do.
Pref. 100
Louisv. & Nashv..l00
do
54
9358 Scioto Valley
95
Bid.
it. L. Van. & T. H
it. Paul & Duluth. 100
do
Pref. 100
93%
■
50
Marq. H. & Ont..
18%
*
See Notes at Head of First
Miscellaneous.
13%
53 %
y
Lit. Rock & Ft.Sm.100
Little Miami
50
Little Schu’k’l
50
QUOTATION'S OP STOCKS AND
Explanations
Ask.
CHRONICLE.
jCocheco (N.H.)....500
| Collins Co. (Conn.).. 10
Continental vMe.). 100
i Cres’t Mills (F. R.) 100
Crystal Spr. B1.(F.R.).
;
Dwieht (Mass.).
$ Quotation ptr share.
il6%
525
7%
7
56
.
.
1
I
I1
750
57
70
60
54
760
CHRONICLE.
THE
176
[Vol. XLV.
QUOTATIONS OP STOCKS AND BONDS—Concluded.
GENERAL
For
Manufac’ino Stocks.
74
Rverett (Mass.)... 100
F. R. Machine Co.. 100
JF. R. Merino Co... 100
Flint Mills (P. R.) 100
*9*9
Franklin (Me.)
100
Gl’be Y.MillS(F.R.)100
•Granite (F.R.)
1000 230
90
Great Falls (N. H.)100
Hamilton (Mass.) 1000 810
Hartf. Carpet (Ct.)lOO 192
82
Hill (Me)
100
•
Rockland
Second Nat
90
•
100
115
245
91
220
1025
1035
108
.Laconia (Me)
400
Lancaster M.(N.H)400
L’rel Lake Mills (F. R.)
Lawrence (Mass.) 1000
Lowell (Mass)
090
.Lowell Bleachery.200
470
615
475
02o
f*5
It 25
780
147
850
70
Lowell Mach.Shop.500
Lyman M. (Mass.). 100
Manchester (N.H.) 100
Mass. Cotton
1000
Mechanics’ (F. R.) lOOi
Merchants’ (F. R.)looi
Merrinjack(Mass) 1000!
lhawnmt
.100
jhoe A Leather....100
state
100
100
Suffolk
Third Nat
100
100
Traders’
Fremont
100
Union
100
315
200
83
.
.
....
1620
775
146
825
Washington
100
Webster
100
Brooklyn.
68
15 % 160
1050 1060
85
1 10
112%
1245 1250
1*82
Middlesex (Mass.).lOO ISO
87
80
H airagans’tt (F. R,) 100 |
514
Htuihna (N. H.)
500 ol2
JNaumkeag (Mass.) 103' 10» Hi 109
(Mass.)375|
Newmarket
500 j
Pacific (Mass.)... 1000
Pepperell(Me.)
500
Pocasset (F. R.)...100i
Rick. Bord’n(F.R.) 100
Robeson (F. Riv.) 1000
Sagamore (F. Riv.) 100
Salmon Falls(N. II.)300
90
330
1670
109 0
First National
Fulton
50
40
City National
50
Commercial
60
Cong Island
100
Manufacturers’
Mechanics’
50
Nassau
100
Charleston.
B’k of Clias.(NBA) 100
!First Nat. Clias.. .100
Chicago.
American Excli. Nat..
95
335
1680
lit 0
|Atlas Natioual
Continental Nat...100
100
;First National
70
72% Fort Dearborn Nat
100
Hide, and Leather. 100
103%
Merchants’ Nat.. .100
1 1 7
...
,
......
26o
28
250
25
Metropolitan Nat. 100
Nar. Bk. of Ainer.,100
Nat. B’k of Illinois.100
Northwestern Nat. 100
Union National.... 100
&
120 % 121
850
W.(F.R.) 500
20
150
Union C.MT. (F.U.) 100
2
<Wampanoag(F.R.) 100
W ashingt’n (M ass.) 100
Weed Sew. M’e (Ct.)25
Weetamoe (F. it.) 100
Williiu’tic Linen(Ct)25
Turk Co. (Me.)
750
BANK. STOCKS.
Baltimore.
Sauk ol Baltimore 100
Bank of Commerce. 15
Citizens’
lo
Com. A Farmers’..lot.*
Farmers’ B’k of Md.30
Farmers’ A Merch..40
Farmers’APlanters’25
First Nat.of Balt.. 106
Franklin
.60
■German American
Howard
1
30
Marine
10
Mechanics’
Merchants’
national
100
Exeh’ge. lOo
People’s
2-
Second National ..100
Third National
100
Union
75
Western
20
Boston,
Atlantic
Atlas
Blackstone
Boston Nat
-Boylston
Broadway
00*
4 t
46
1(j2o
1025
German National...
Market National
Merchants’ National
Met ropolitan Nat...
jNat. Lut. A Bk.of Coin.
j
140
......
1 Hi
13 l
31
57
......
16%
jOhio Valley Nat’l ...
lQu< on City National
Second National
19
......
......
National
jThird
".
j Western German Bank
100
*1*2% i‘i%
......
.....
26%
155
1< 9
| Hartford Nat
100
j Mercantile Nat
100
20% ! National Exchange.50
iPhtvnix Nat
100
130
130%
loo
100
50
! Metropolitan
100
50
100
New York
N. Y. Nat. Exch’gelOO
New York County. 100
Ninth National....100
North America
70
North River
30
Oriental
25
Pacific
.50
Park
100
125
no
People’s
25
Phenix
Produce
20
5.
*
.
30
132
-
190
130
LOS
127% 123
130
%
133
12 1 U 122
104% 105
132 Jo 133
98% 99
151
1:0
140
139
2 lii 2_2
(City Nat
'
100
Falls City Tobacco 100
Farmers’of Ky ...100
Farmers’ A Drov..lO(*
100
First Nat
O rman Ins. Co.’s. 100
{German
100
:German National. 100
} K» mucky Nat
70
175
170
100
i.ouisv. Banking Co.40
Masonic
...100
132
’
11)3*4
140
145*
Girard National
235
! Kensington Nat.
70
120
105
100%
156
160*
6 2 Hi
127
93
250
People’s Bank
118
100
118
169
100
1130 j'Third National
100 139
113
1i1
j: Western
100 117
Notv Orleans.
103%; to t
953} 96
;Canal A Banking.. 1001x133
12*
100! lOO
j125 !.Citizens’
1 1 7%! 1 18
I! Germania Nat
100 x L14
Ll5%! L16
Hibernia Nat
100 xl44
11< %: U2
100 X
PLouisiana Nat..
96
| d7
Metropolitan
1< 0 xl 18
Mutual Nat
94%; 95
100jxL20
141 i 143 I .'New Orleans Nat.. 100: xllO
106 j 106 %i; People’s
oS%
222% 225
state Nat
lOOx xl05%
14L |L42
100x105
Nat
102 |lo2%;
New York.
141
; 141 %i; America
100 175
116 :116%; American Exch’gelOO
218
1222
Broadway
...25 260
139
{139%!;
Drovers25 166
150 jl5o%; Central National..100
135
150
j; ChaseNational .,..100 200
106
Ie6%;i0hatham
....25 215
5CS* 57 ! Chemical
...100 2500
1 5<-* Hi 16
Cite
1001 300
12.
j’
..
...
50*
PUuion
Butchers*’&
.
.
135
L01
Commercial..
170
145
Eagle
145
143
Fidelity
-
145
210
*
123
200
133
127
•
.
20
100
Firemen’s
20
Germania
20
1
Globe
20
i
Merchants’A; Manuf 20
Miami Valley
50
National..:
100
Security
Washington
1*4*6
-
100
20
Eureka
*14*6
*33
•
Enterprise
......
20
25
..20
25
100
20
25
Western...
1S7
155
Hartford, Conn.
/Etna Fire
Connecticut
Hartford
National
Orient
Phoenix
Steam Boiler
18*6
172
160
LL2
112
1*14
100
100
100
100
100
100
50
London, Eng:.
Commercial Union. .£5
i28
12) %
Guardian
50
Imperial Fire
25
Lancashire F. & L..25
London Ass.C0rp.i2H2
109
343
U4
122
62
107
107
Richmond, Va.
25
City Bank
ISO
143
270
137*
62%
minal; no late tranaastioiisZ
62
......
—
2*4*0
175
113
1 85
105
110
150
160
145
230
100
75
220
120
145
98
125
145
101%
99% 101%
217ia
*86 *
155
100
140
140
135
LOO
252
115
255
-
1*32*
86
198
*5*7
111
134
$75
22
73
161
6
49
34
50
*8*i"j
63
Home
100
Hope
100
50
Bowery
Broadway
Brooklyn
I Citizens’
City
51
163
152
25
25
17
20
70
50
100
40
Empire City
Exchange
Farragut
100
30
50
Firemen’s
Globe
Greenwich
Guardian
29%
Hamilton
Hanover
**••••
Park
I Peter Cooper
PIKE
INSIJR’CE
STOCKS.
Baltimore.
10
Merchants’ Mutual.50
10.
Notional Fire
Last price tins week.
18 Hi
6%
4
120%
80
35
80
93
x
25
Commercial
Continental
Eagle
'Pacific
Associate Firemen’s.5
Baltimore Fire Ins.10
Firemen’s Insur’ce .18
Howard Fire
5
3H2
100
100 x!20
17
German-American 100
50
Germania
122
123
142
140
56%
40 Hi
3 5 Hi
75
65
New York.
American
50
American Exch...l00
i‘2‘5"
162
150
120
122
6%
51
35
39
People’s
i‘75"
113
23
75
166
38
Sun Mutual
Teutonia
*7*6"
118%
295
133
90
203
67 H, 75
49 % 52
Merchants’ Mutual 100
106
Mechanics’ A Tr... lOo xl03
17
18
NcwOrl’s Ins. Ass’1130
25% 26Hl
NewOrl’s Ins. Co.. 5<
no
55
90
165
Queen Fire A Life.. .1
Royal Insurance
3
Lafayette
Pacific
+
97
92
127
19!
41H» 42
118
120
128
130
96
99
100
105
100
102
3%
5
99% 100
New Orleans.
Crescent Mutual ..100
I actors’ and Tr... 100
Firemen’s
50
Germania
100
Hibernia
100
*72"’
'Grangers’ Bank
Maryland Fire
146ia
39 H,.
50
-.25
100
15
50
100
40
1*49
First Nat
100
123
Home
Merchants’ Nat. ..100
102%
103% Howard
Nat. Bk of V’irginialOO
1 Jefferson
30
Planters’ Nat
100 145
State Bank of Va.lOOj 111%
;Kings Co. (B’klyn) .20
Knickerbocker
30
St. Louis. 460
B’k of Commerce.. 100;
Lafayette (B’klyn) .50
32 j
Commercial
100:
Long Isl’d (B’klyn).50
160
Manuf. A Builders’100
Continental
100:
175
Mechanics’ (B’klyn)50
Franklin
100
260
50
Mercantile
Fourth National ..100
90
:
100
Merchants’
50
International
100
126
128
Mechanics’
100
Mont auk (B’klyn).. 50
112
Nassau (B’klyn)....50
{Merchants’ Nat ...100 130
St. Louis National.100
{National
37%
113
114^ |N. Y. Equitable
iTliird National.... 100
35
;New York Fire....100
San Francisco.
Bank of California
Niagara
50
'North River
25
First Nat, Gold.... 100
i
128
North Brit. A Mer. 8%
|
t
11 nte ih
Cumberland Nat.. .40
Canal Nat
100
Casco Nat. 2.
100
100
First Nat
Merchants’ Nat
75
National Traders’. 100
*14*6’
!
124
40
Portland) He.
170
145
126
119
119
170
140
118
...100
175
Aurora
Cincinnati
Citizens’
Philadelphia Nat.. 100
114
101
139
10c
Second Nat
100
Seventh Nat
100
Sixth Nat
100
Southwark Nat
50
Tenth Nat. Bank
Third Nat
100
Western Nat
50
West Philadelphia. 10(
123
161
86
129
118
106
257
214
162
•
127
14G
95
91
125
190
Amazon(uew stock) 20
145
210
120
100
Ask.
Cincinnati.
50
National Security. 100
Penn National
50
65
130
145
138
Washington
Ma nu f act ’ r’rs’ Nat. 100
Mechanics’ Nat
100
.Merchants’ Nat
Nat. B’k Commerce.50
1
Nat.B’k Geruiant’n.50
i Nat.B’k N. Liberties 50
Nat, B’k Republic..100
300
122
160
85
128
117
105
109
102
169
125
137
143
137
255
North American ..100
Prescott
100
Shoe A Leather. ..100
Bid.
55%
50
!Keystone Nat’l......5C
98
143
Second Nat
Independence
220
103
65
Neptune F. A M...100
100
Columbian
100
Commercial Nat
50
Commonwealth Nat 50
I
138
♦Security
.
158
1 OL
Consolidation Nat..30
155
Corn Exchange Nat.50
137 Hi Eighth Nat
100
291
iFirst Nat
.....100
134
Farmers’AMech.N.lOO
99
1 Fourth st. Nat’l.. ..100
Merchants’ Nat. ..100
Northern of Ky
B’k of N. America
City National
130
1*43
Philadelphia.§
123
140
‘
Second National..IOC 220
Seventh Ward
100 118
Shoe A Leather. ...100 1*2
St, Nicholas
100 1-3
120
State of N. Y
100
Tradesmen’s
40 104
United States Nat.100 210
99
W’estern National...
200
j
.
Exchange
Republic
100
700
185
Eliot
100
Firemen’s
100
Manufacturers’. ..100
Mass. Mutual
100
Mercantile F. A M.100
...
....
140
90
48
103
Connecticut River 50
Far. A Mock. Nat. 100
First Nat
100
100
Boylston
Dwelling House...100
170
100
i Nassau
360
160
137 % L40
170
100
City
136
100
153
150
120
2 JO
102
110
12%
50
Merchants’
50
Merchants’ Exch’ge50
124
120
155
123
Boston.
American F. A M. .100
100
Boston
179
130
no
170
Leather Manufts..lOO
50
Manhattan
Market
100
Mechanics’
25
Mechanics’& Tr.. .25
200
iCharter Oak Nat.. 100
*
130
125
50
American Nat
118
12%
100
/Etna Nat
135
102
187
127
107%
100
130
205
Hartford.
59 %
45 % |
129
j
100
loo
...
Irving
18.
Fourth National
....
12
Howard
lOo
Lincoln
lo<
Manufacturers’.. .100
Market
100
Market( Brighton). 100
Massachusetts ....250
Maverick
loo
Mechanics’ (So. B.) 100
Merchandise
100
Merchants’
100
100
Metropolitan
.Monument
100
210
Insurance Stocks.
Importers’ & Tr...l00 325
295
122
1(h)
loo
Fourth National.. 100
Freemans’
100
Globe
100
Hamilton
100
Hide A Leather
100
100
Greenwich
..
111% 1 12
First National
First Ward
100
25
I Hanover
! Mercantile
225
220
First National
100
100
Columbian
100
Commerce
lOo
Commonwealth ...1O0
Continent al
100
K»gle
loo
JSliot
loo
Everett
IOC
100
Eivchango
Faneuil Hall
100
J9t«
Fidelity National
loo
loo
120
100
! Bank of KentuckylOO
iBank of LouisvillelOO
iiCitizens’ National. 100
City.
I Germania.
132
128
320
160
310
150
115
128
210
Atlas National
Cincinnati National.
Citizens’ National...
Commercial Bank...
134
124% ; 25
loo
loo
108%
200
100
United States
Louisville.
100
128
127
103
Un.Stock Y’ds Nat.100
Cincinnati.
86
Bunker Hill
Central
.Mt. Vernon
'Hew England
'.North
North America....
Old Boston
.
.
135
173
25
100
100
Corn Exchange ...100 187
25 130
East River
Eleventh Ward
25 150
100 1500
126% First National
106
Fourth National... 100 145
121
Fulton
30 152
Fifth Avenue
100 700
117%118
100 ! 1001!? !Gallatin National ..50 20 J
i Garfield
100 175
94?J 95
112
I German American. .75
101
1102
200
1431s 144
■
....
Troy C.
100
Chicago Nat
Ask.
150
158
195
People’s National. 100
6audw.Glass(Mass.jbO
82%
Shove (Fall Riv.). 100
t>yj
Slade (Fall Riv.).. 100
Stafford (Fall Riv.) 100' 10 J
Stara Mills(N.n.>looO 12 45 1250
1'»‘2
Tecmnseh (F. R.). loo
Thorjidike(Mass.)1000 9*00 925
Trc uiont A S. tM ass) 100
100
Brooklyn
Metacomet (F.R.) .100
JN. E. Glass
100
lecurit.y
.Holyoke W.Power. 100
-Jackson (N.H.)..1000
Hing Philip (F. R.) 100
.
100
..100
100
Revere
•
Citizens
Ii0% Commerce
126% Continental
129
100
100
Redemption
Republic
76
Bid.
Bank Stocks.
Ask.
Bid.
Bank Stocks.
Ask.
Bid.
8
28
19
8
4%
60
5H>
25
100
20
People’s,
5o
Phenix (B’kiyn) ....5u
Rutgers’
25
Standard
Sterling
Stuyvesant
United States
Westchester
50
100
.25
25
10
Williamsburg City..50
§ Quotations per share.
165
89
155
185
100
110
115
105
30
210
240
100
100
115
97
300
150
115
220
63
120
130
140
70
120
200
85
97
97
124
173
90
165
193
120
120
125
112
35
225
260
108
110
125
102
315
160
125
250
75
130
140
145
80
130
210
160
106
120
105
130
70
80
60
90
95
140
109
165
90
70
100
102
145
no
175
100
175
160
95
170
90
170
100
120
140
100
60
110
140
150
260
105
180
lul
180
llO
125
150
110
65
124
156
188
285
August
THE
6, 1887.]
CHRONICLE.
fmrcstmcut
1886, the exact amount within that period being $10,784,803.
approximate amount to this latter sum has been written
during the year, to wit, $10,7'i2,059, as follows: the aggre¬
gate sum of $10,000,000 was appropriated and transferred by
vote of the board of directors, approved and ratified by the
stockholders at their annual meeting on the 2d of June last, to
liquidate the class of expenditures already explained, and the
cost of the property was correspondingly reduced on the book®
An
off
AND
^axtoad Intelligence.
The Investors' Supplement contains a complete exhibit of
the Funded Debt of States and Cities and of the Siocks and
Bonds of Railroads and other Companies. It is published
on the last Saturday of every other month—viz., January,
of the company.
The further and
March, May, July, September and November, and is fur¬
interest
not
REPORTS.
less considerable
charged to income account to
nished without extra charge to all regular subscribers of the
Chronicle.
Extra copies are sold to subscribers of the
Chronicle at 50 cents each, and to others a' $1 per copy.
ANNUAL
177
due,
funded debt, tic* name
up to May 31st, 1886.
oil
LAND
of
$762,059 wasof computed
being interest accruing, but
sum
cover the amount
SALES.
The usual report of the Laud Commissioner shows that the
sales of lands and lots during the year amounted to 67,110
acres and 3,097 lots, for the consideration of 4687.637, payable
partly in cash and partly
Chicago & Northwestern Railway.
(For the year ending May 31, 1887.^
An article in the editorial department of the Chronicle
to-day comments upon certain important changes which have
been made in the balance sheet of this company.
The annual report just issued states the mileage as
follows:
Chicago & Northwestern Railway, 2.500-50 miles; Dakota Cen¬
tral Railway, 066 23 miles; Winona & St. Peter Railroad, 448*48
miles; Toledo & Northwestern Railway, 385T9 miles; Iowa
Railway Coal & Manufacturing Company, 3 25 miLs; Syca¬
Cortland & Chicago Railroad, 4 G4 miles; Northern
more
Illinois Railway, 77*00 miles; Princeton & Western Railway,
16*06 miles.
Total on May 31, 1887, 4,101-35miles. Increase
during the year, 152 64 miles. The increase is made up of
three extensions of the Dakota Central Railway—one of them
constructed from Columbia to Oakes, 38 53 miles, one from
Redfield to Faulkton, 32*54 miles, and one from Doland to
Verdon, 24 38 miles, total 95*45 miles; by an extension of the
Toledo & Northwestern Railway from Lake City to Wall L ike
Junction, 15*38 miles; an extension of the Maple Valley
Branch from Mapleton to Onawa, 20*70 miles; the construc¬
tion of the Janesville & Evansville cut off line, 16*10 miles;
an extension from Winona Junction to La Crosse, 3*96 miles,
and an extension to the Mitchell Iron Mine, in Michigan, of
1*05 miles. These new lines w*ere opened at different periods,
and are equal to 88-52 miles operated one year.
The total
average amount of railroad operated during the entire year
was 4,037*23 miles.
sold from
on timj.
There were
the Minnesota grant at an average
23,218 acres
of $6 11 per
42,559 acres sold from the Michigan grant at an average
$t 90 per acre, and 1,333 acres sold from the Wisconsin
grant at an average of $2 15 per acre. In addition to these
sales, 182,131 acres were deeded out of the Minnesota grant,
acre,
of
in settlement and satisfaction of
a
decree of Court in the
c ise
of
Barney et ai., vs. The Winona & St. Peter Railroad Com¬
pany, in a long-pending suit to determine the quantity of land
to which the plaintiffs were entitled for the construction of a
portion of the roal prior to its purchase in 1867. The net re¬
ceipts from cash sales, deferred payments, interest, trespass
and stumpage and all other sources were $689,588, and there
remained assets of the Land Department, at the close of the
ti.-cal year, for unpaid amounts on outstanding contracts, the
sum of $1,269,702.
The number of acres held in the various grants on the 31st
of May last wras 1,370,694, of which 319,869 acres were con¬
tracted to be sold, and the balance, amounting to 1,050,825
acres, remained unsold.
The comparative statistics follow.
These statistics do not
include the Fre. Elk. & Mo. Val. RR. nor the Sioux City &
Pac. RR., acquired in July, 1884, but operated independently.
Tne results of their operation are given further batow :
ROAD AND
Tot. miles
oper’d
All other
1885-80.
3,343
3,948
639
449
0 72
481
098
485
507
20,loO
20,1<>3
20,518
22,091
435
470
516
55s
cars..
CAPITAL ACCOUNTS.
1886-37.
18*4-35.
Locomotives....
Paeseng.Ac.cars
Freight ears
EQUIPMENT.
1883-84.
3,763
4,101
735-
OPERATIONS AND FISCAL RESULTS.
capital stocks of some eleven different proprietary com¬
panies, amounting in all to $11,200,500, owned by the Chicago
& Northwestern Railway Company, have in former years
been brought forward on the general balance sheets at their
par value, while posstssing but a comparatively nominal
value as assets of the company.
These stocks are now
entered at their estimated value of $674,183, with reference
to cost, and the stated cost of the properties has bem corre¬
The
spondingly reduced.
FUNDED DEBT.
1884-85.
1885-80.
8,103,884
231,090,788
9,140.195
239,150,020
9,709,934
254,709,295
2-38 ets.
2-30 ets.
2*J9 ets.
R’te p.pass.p.m.
2-40 ets.
Uatepr.ton p.m.
Earninqs—
Passenger
1*31 ets
8,494,239
9,737,312
8,235,127
8,453,99 4
Fr’glit(tns) mv’d
Fr’ght (tns) m’gel350,173,773 1416,739,205 1400,892,717 1754,598,506
Freight
Mail, express, Ac
Gross cam’s.
During the year there were issued the Chicago & North¬
western Railway Company 4 per cent “extension bonds of
1886,” amounting to $8,117,000. Of this amount $2,375,000
were used for construction of various extensions embraced in
the system of roads operated by the company, and the inter¬
est thereon is borne in the interest account of the Chicago &
Northwestern Railway Company; the amount of $4,232,000
of the issue was used in extending the lines of the Fremont
Elkhorn & Missouri Valley Railroad Company, and $1,540,000
in the construction of the Wyoming Central Railway, which
1880-37.
1883-84.
8,623.483
Pass’ger mileage 250,386,389
Operations—
Pass’^ers carr’d.
10.917.39 4
1,189.087
1,086,551
25,020,624
23,502,056
24,279,000
$
3,590,917
2,4 48,297
8,429,12 L
072,621
•$
2,939.253
2,193,22 4
$
2,951,880
2,048,6 3
8,150,221
702,452
Maint’ee of way
cars,
Ac
Transp. & mincel
Taxes
Total
Net earnings....
P.e. exp. to earn.
1 24 ets.
■$
5,498,111
6,153,071
17,67 7,800
Expenses—
“
1*19 ets.
-$
5,640.150
17,503,244
1,130,206
$
7,970,502
690.928
15,140,950
9.879,608
13,793,907
9,703,149
00-51
58*69
1*15 eta.
$
5,820,151
19,329,434
1,171,681
26,321,316
$
3,227,2452,212,289
8,918,681
712,125
15,070,342
11,250,974
13,859,220
10,420,374
5 7*25-
5703
INCOME ACCOUNT.
1830-87.
1835-86.
$
1883-84.
$
1884-35.
$
Net earnings
DisbursementsRentals paid
Interest on debtt
Dividends
Ratoon pref....
Rate on comm’n
Miscellaneous
9,879,003
9,704,119
$
1,568,70 4
4,527,235
$
*28,567
*5.06 1,584
>$
$
5,530.303
5,130.196
2,939,469
*3,931,348
3,414,504
3,441.504
83,000
58,000
58,000
$6,873,000, being
Tot. disb’m’ts.
$9,118,408
Balance, surplus
$701,200
$9,132,419
$575,700
$9,033,867
the difference between bonds retired and bonds issued.
The interest on bonds chargeable to the business of the year
further extension of the same lines in the Terri¬
tory of Wyoming.
Tin se tw-o amounts which, together,
make up $5,772,000 of the 4 per cents, are secured by $4,232,000 of the fir6t mortgage consolidated bonds of the Fremont'
Elkhorn & Missouri Valley Railroad Company, and by $1,540,000 of the fiist mortgage bonds of the Wyoming Central Rail¬
constitutes
a
way Company.
The net increase of the
funded debt
was
$5,136,197, being a reduction of $400,165 from that of the
preceding yTear. The total charges were $5,761,899, from
which were deducted credits of $625,701 as follows : for divi¬
dends received on Chicago St. Paul Minneapolis & Omaha
stock, $322,800 ; for interest refunded by the Fremont Elkhorn
& Missouri Valley Railroad Company on account of Chicago
& Northwestern Railway Company 4 per cent bonds issued
for its construction ai d for the construction of the Wyoming
Central Railway leased by it, $157,193; and for credo of in¬
terest and exchange account, $145,708.
was
CONSTRUCTION AND EQUIPMENT
EXPENDITURES.
expenditures incurred for construction and equip¬
$4,085,518.
The amount standing to the credit of income account upon
the books of the company on the 31at of May, 1886, w*as
$11,144,325. This sum represents the balance of net earnings
or accumulated surplus for many y^ars, and has been drawn
upon and used from year to year, as the necessities of the com¬
pany required for t^e enlargement and betterment of the
property. Most of this surplus of $11,144,325 appeadng on
the hooks has accumulated during the last ten years, from the
time that dividends were resumed in 1877, down to May 31st,
The net
ment amounted to
Receipts—
..
8
7
8
7
*
On absorption of Towa leased
dividend charges increased.
I Less credit items.
$
11,250,974
10,420,374
-
7
0
7
0
58,0 0
$3,038,702
$2,012,272
$1,381,507
lines, rentals ceased and interest and
CLOSE OF EACH FISCAL YEAR.
1885-86.
1886-87.
1884-85.
*
$
$
127,053,870 127,101.024 } 144,161,050
GENERAL BALANCE AT
Assets —
Clitc. a: NAY.—Road & equip.
Other companies
do
Bonds owned
Stocks owned
Land grant investments
Bills and accounts receivable
Materials, fuel, &c...
Cash on hand
Trustees of sinking fund
Total
Liabilities—
Stock, common
Stock, preferred
Stocks of propriet’ry roads,&c
Bonded debt
Divid’ds declared, not yet due
Sinking funds paid
Current bills, pav-roils. &c—.
Uncollected coupons, Ac
Rentals of roads in Iowa
Bonds unsold, Ao
*
,
35,539,234
30,028,821 5 J
360.2-12
934.482
*0.082,295'
12,282,159
1,221,000
12,2-2,159
1 12,282.160
714,000
1, *26,281
230,000
1,757,952
2,000,734
3,0<>0,n78
2,932,8 48
4,239,176
4,214,036
4,320,175
1.890.8 11
1,808,507
3.807,19 L
1.934,00 4
$135,897,108 $188,759,523
$176,048,646
$41,37 4,866 $41,374,806
$11,374,366
f22.325,454
T|074,1h3
22.325,15 4
22,325,45 4
II.220,0 >0
11,230,000
|| 9o,511,500
91.400,50O
1,514,221
1,93 4,000
1,090,080
113,262
537,6*00
1,3 i 1,600
4,239,175
2,251.200
1 10,702
31,044
3 7,000
97,334,500
1,331,600
4,320,175
2,72 L,369
135,506
310,814
37,000
THE CHRONICLE.
178
Liabilities—
Dote of Consol. Coal Co
Accrued interest not due
1884-85.
$
275,000
1885-80.
$
125,000
1886-87.
$
125,000
705,060
703,525
1,473,536
2,954,246
3.194,071
11,144.326
120,000
120,000
Miscellaneous
Land income account
.Railroad income account
9,762,819
714,104
112,994.539
$185,897,108 $188,759,529 $176,048,646
Total
[Vol. XLV.
Name of Road.
West Jersey & Br... .Gross.
Net...
.Gross.
Central Pacific.
Net...
Southern Pacific RR.—
No. Div. (Cal.)....-..Gross.
Net
So. Div. (Cal.)
Gross.
Not...
Arizona Div
Gross.
Net...
New Mex. Div
Gross.
Net...
..
*
Includes F. E. & M. V. consols and Wyoming Central RR. lsts own^d
and pledge 1 as coll, for exten. 4s of 1886, $5,772,000; also,' general con¬
sol, gold bonds, $37,000; consolidated sinking fund bonds, $115,000;
bonds of sundry proprietary roads, $156,295; iron River Furnace
bonus, $2,000.
E. A M. V. RR.
Stock, $1,966,500. Also owns C. <fc N. W. common stock, $10,007,416,
and preferred, $2,284, but these items are included in the amounts given
t Includes Cliic. St. P. M. & O. stock, $10,315,659; F.
-Jan. 1 to May 31.1886.
1887.
-May.’
1887.
1886.
$
115,380
4 6,562
991,140 1,021,785
475,432
544,662
161,136
125,741
61,151
429,875
88,866
553,307
320,630
127,193
59,680
58,605
31,314
$
$
$
130,708
57,742
600,511
545,639
202.216
4,715,50 l
176,648
4,368,098
2,021,010
2,239,897
-
631,672
482,791
257,126
196,995
1,366,641
472,871
662,834
1,647,497
566,363
227,967
705,318
302,005
310,510
128,522
60,4 5
71,355
45,880
141,282
323,647
296,487
158,379
Bridge.—The decision
on other side of the account.
of Justice Bradley, of the United States Supreme Court, con¬
J Including $10,007,416 common and $2,284 preferred stock in com¬ firms the authority of Congress to pass the act to enable the
pany’s treasury.
Baltimore & Ohio Railway Company to bridge the Arthur Kill.
|| Including live bonds in sinking funds, which amounted May 31,1887,
The decision was broad; holding that the United States Gov¬
to $1,116,500.
H See remarks on preceding page regarding these items.
ernment has complete authority to exercise the right of emi¬
TRANS-MISSOURI RIVER LINES.
e
nent domain in regulating Inter-State Commerce.
It is said
The railroads composing these lines, and their mileage, on that the work on the bridge will be pushed rapidly forward.
■the 3l8t of May, 1887, weie as follows :
Central Pacific.—The following is a comparative state¬
Miles.
JJfiles.
ment of the earnings, expenses and fixed charges of this com¬
Sioux City & Pacific Railroad
107-42
Fremont Elklioru & Missouri Valley Railroad.
pany for May, and from January 1
to May 81.
The
723-23
Wyoming Central Railway, (leased by the F. E.
mileage is 1,490, against 1,307 latt year :
& Mo.
Valley RR. Co.)
76 79
Baltimore & Ohio—Arthur
800-02
Total....
907-44
The
earnings and income accounts of these roads
given below :
1887.
Gross
Fremont elk horn & Missouri valley.
EARNINGS AND EXPENSES.
1885-6.
503
18S6-7.
723
$419,608
1,234,696
$*37.5.31
1,861,304
163,b99
1884-5.
Miles operated
Earnings from—
Passengers
Freight
Mail, express and miscellaneous...
78,499
82,772
Total
.
expenses
and taxes
Net earnings
$545,075
$1,737,076
470,601
853,058
..
..$374,474
$884,018
$2,662,734
1,352,806
$1,309,928
Total net income
Fixed charges*
$480,476
$?,026,2 29
460,917
2,304,586
$19,559
19,268
def. $278,357
74,634
profits
Construction & imp
def. $353,041
$291
interest, taxes and U.S.G >v. Sink. Fd.
Balance
Central Railroad & Banking
is the
Balance for year
$1,309,928
$644,233
1,178
9,329
12,532
12,828
..$252,535
..$121,939
$102,559
$481,456
$655,051
1885-6.
1386-7.
107
C. &P.RR,
Total disbursements
$884,018
$396,240
Cr 6,213
$242,028
.
Cr. 2,010
$654,877
SIOUX CITY & PACIFIC.
•'Miles operated
lbT
Earnings from—
..$211,486
Passengers
Freight
Mail, express, &e
$199,307
$222,386
260,485
48,985
291,069
46,408
$508,777
$559,863
47,628
..
June and for
ten months.
June.
1886.
1887.
Gross earnings
Net earnings
v
•—
10
mos.
1887.
end. June 30.-%
1886.
$5,449,239
$394,764
$346,754
303,695
316,952
3,433,591
$91,089
$29,801
$3,015,648
Operating expenses.....
$5,310,281
3,450,450
$1,859,831
Fitchburg.—The Boston Herald gives the following : The
debt and capitalization of the Fitchburg Railroad, assuming
all the stock and bonds on account of recent purchases, &c., to
be issued, may be concisely stated as follows:
Com. Stock.
Ffd. Stork.
EARNINGS AND EXPENSES.
1884-5.
Co. of Georgia.—Following
report of the earnings and expenses for
/
..$374,474
$2,239,897'
5,219
Fixed charges include rentals,
1886-7.
1885-6.
1884-5.
2,128,201
2,694,493
$574,662 $2,021,010
5,044
INCOME ACCOUNT.
Net earnings
Deduct—
Interest on bonds
Interest on floating debt
Rental, 3 p.c., pay’bletoS.
1-86.
1887.
$1,'715,503 $1,368,098
$475,432
*
•Operating
-—Jan. I to May 31.—*
1836.
Net earnings
A dd rentals
Net
..
May.
‘
$991,140$1,021,785
515,708
447,123
earnings
Oi>er. expenses
were as
Kill
Bonds.
September 30, 1887
$o,286,t00
1,762,200
5,00b,000
$5,140,600
5,000,000
$7,048,800
1,512,500
$5,000,000
$10,140,600
Dock and elevator
Consolidation with Tunnel
$8,561,300
Total
earnings
Operating expenses and taxes
Net
..
224,300
280,838
$284,477
$279,025
417,659
earnings
1885-6.
1884-5.
'$284,477
$279,025
on
first mortgage.
Government lion
on
Moating debt
on
Dividends
Rental....
on
..
preferred stock
97,699
37,356
11,830
11,009
11,830
21,399
.Cr.37,933
..
.
Cr.
52,659
surpl us for year.
B. H. T. & W. RR
22,697
11,830
Cr.
2,883
INVESTMENT NEWS
Railroad Net Earnings.—The following
latest reports
table shows the
of net earnings not heretofore published.
-June.1886.
1887.
$'
Nameof Road.
$
Gross.] L,541,876 1 ,252,754
Net...
613,606
708,093
9,091,635
4,200,015
6.911,SOS
2,942,767
633,470
233.985
701.390
109,4'1
236,647
42/13 4
214 529
Gross.
243,268
61.1 v 3
53,341
Net...
20.265
6,200 def. 4,260
7,938
Gross.
316,754 2,737,934 2,613.513
394,765
744,355
Net...
573,691
29,802
91,070
Gross.
730,268
825,797
122,607
144,446
Net.
294,659
226,945
38,255
55,235
.Gross.
93.744
393,476
67,412
483,741
Net...
125,659
21,594
144,932
34,269
730,268
825,797
.Gross. 144,446
122,607
Net...
294,659
226,945
38,255
55,235
.Gross.:2,140,833 2 .148,532 13,276,107 LI,523.359
Net...
861,547
939,076 5,994,980 4,844,133
.Gioss.
467,539
477,203
99,406
89,428
10 4,538
Net...
141,416
35,120
29,723
.Gross.
241,189
195,124 1,329,774 1,081.210
311,742
418,344
Net...
71,954
49,641
462,440
389,723
Gross.
72,419
88,625
169 413
115,029
Net...
14,620
37,931
757.141
Gross.
84,853
595,006
111,964
( i I OSS.
Net...
Cam. & Atl. &
Jan. I to June30.1887.
188b.
.$
•$
122,797
44,293
$14,640,600
$10,194,600
3,600,000
2.000.000
$13,794,600
$7,000,000
DEBTS
$14,640,600
ASSUMED.
$500,000
Dock & Elevator Company (mortgage)
B. II. T. <k W. RR. bonds
1,400,000
$1,900,000
GUARANTEED CHARGES.
$3,193,000
Vermont & Mass
$1,000,000
sa\', the direct obligations of the company are
$13,794,600 preferred stock, $7,000,000 common stock and
$14,640,600 bonds. Then the company has as-umed $1,900,000 of
Dock & Elevator and Hoosac Tunnel & Western bonds and
$1,000,000 Vermont & Massachusetts bonds; also $3,193,000
Vermont & Massachusetts stock on which 6 per cent interest
is guaranteed.
For the purpose of fixed charges the obliga¬
tions are therefore $17,540,600 bonds, $3,493,000 guaranteed
stock, coming ahead of the preferred stock, $13,794,600 pre¬
ferred stock and $7,000,000 common stock.
That is
GENERAL
.
$11,640,600
3,000,000
1,333,300
$97,680
97,699
$191,906
....$201,634
$227,023
Def. $35,759 Snr. $92,571 Sur $52,002
Total disbursements
or
$97,630
97.699
...
Profit and loss
Deficit
$97,680
..
$5,000,000
$8,861,300
1886-7.
Deduct—
1,500,000
300,000
Troy & Boston RR.
INCOME ACCOUNT.
Interest
Interest
Interest
improvement and
floating debt.
Permanent
to
New York & New England.—The earnings and expenses
for nine months, from Oct. 1 to June 30, have been as follows:
Earnings
1886-7.
188-5-6.
Increase.
$3,0! 9,566
$2,748,176
1,821,827
$261,390
$923,349
$61,561
2,024,656
Expenses
199,829
.
Eliz. Lex. & B. S
Ches. O. & S. W
.
_
$ 84,910-
Not
Norfolk & Western.—The earnings, expenses
for the first six months of
iu 1886, were as below.
expenses
and taxes
Net earnings
Other income
.
14.190
Net... def. 7.589
74,885
60,693
Net...
11,273
15,904
.(Does. 2.506,828 2,224,458
Net... 1,109,068
602,751
536.327
.Gross.
558,850
136,817
Not...
155,048
.Gross.
395,523
135,759
301,614
54,465
15,878
98.830
13,021.892 11,331,057
4,682,972 3,553,835
3.050,731 3,010,298
945.703
586,355
1887.
Gross earnings,
Operating
Total income.,-1 educt—
Interest on debt
interest on car trusts
—
1886.
$1,879,783
$1,879,783
1,150,103
1,150,105
$1,449,388
729,678
729,6
45,753
566.095
775,431
575,925
565,501
537,809
22,202
37,126
602,627
Surplus.
and charges
1887, compared with the same period
172,804
883,293
9,830
560,011
15,914
August
THE
6, 1887.]
CHRONICLE.
Reports ami Tjocxiuxcnts.
MINNEAPOLIS SAULT STE. MARIE & ATLANTIC
RAILWAY COMPANY.
CENTRAL PACIFIC RAILROAD CO.
APPLICATION TO THE NEW YORK STOCK EXCHANGE TO LIST
THE MORTGAGE BONDS OF 1936.
New
The Central Pacific Ra ilroad
York, June 24, 1887.
Company has, during the past
fifteen years, made large additions to its
railroad, equipment,
shops, machinery, materials and terminal facilities; it has
acquired valuable lands and water-front privileges, and has,
by the construction of new road, become entitled to an ad¬
ditional amount of lands granted
by Congress.
The following statement shows the increased
mileage and
cost of the railroads and appurtenant
property, and also the
changes in the Capital Stock and Funded Debt, less SinkingFunds, at the close of the years 1872 and 188G, respectively :
Dec.
Granted Lauds earned by Co. (Est. Acres)
Construction of Railroads
Equipment
Shops. Machinery and Tools
Dec. 31, 1886.
1,360
10,009.000
11,500,000
$130,485,679
$153,557,630
8,529,9 id
5,622,693
1,280,223
:
Real Estate (exclusive of land-grant)
Steamers and Water Craft
Funded Debt (exclusive of amount now
represented by present issue of Bonds
of 193 o)
Less Co.’8
Sinking Funds and Land Cash
31, 1872.
1,222
Mileage
968,976
830,373
2,393,931
1,527,127
651,186
$139,187,914
$166,659,842
$54,289,190
$68,000,000
$54,08 l,Oo0
55,324,000
$108,373,190
$123,324,000
1,227,283
13,254,226
andNotes
$107,145,907
$110,069,17 74
To nleet the cost of the California &
Oregon Division, and
other extensions and
improvements, as well as the necessary
additions to equipment, buildings and terminal
facilities; to
provide for the floating debt, and to retire the bonds that
mature in the near future, the
Company has executed
$16,000,000 Fifty-Year Six Per Cent Bonds.
These bonds are secured by a mortgage made to William E.
Brown and Frank S. Douty, of San
Francisco, trustees, and
are a first lien
upon certain valuable real estate of the Com¬
pany in the City of San Francisco, comprising an undivided
half of sixty acres of land and
water-front, known as the
Mission Bay Grantalso upon all the
property of the Com¬
pany situated on the easterly shore of the Bay of San Fran¬
cisco, in the City of Oakland, comprising three tracts of land
•“
and water-front (an area of about 500
sive and costly wharves, stations,
shops
and some 1234 miles of tracks.
acres), with the
exten¬
and buildings thereon,
By exchanges made prior to, or by redemption at, maturity,
1890, to the $687,000 Eight Per Cent Bonds of the San
Francisco Oakland & Alameda Railroad
Co., the new bonds
will become a Jirst lien on that
portion of the road (about 5
miles) formerly known by that name.
By the retirement of the remainder of the Land Bonds of
1890 from proceeds of land sales, or
by redemption,’ the now
bonds will heron, e the first lien on the unsold
lands, now esti¬
mated at 11,590,000 acres.
The amount of Land Bonds
outstanding December 31, 1886,
was $4,520,000 ; and there were on
hand cash and land notes,
applicable from time to time to further cancellations, $2.724,209, leaving about $1,800,000 to be provided for by sales
or
in
otherwise.
These bonds
first mortgage
same,
upon
are
also
bonds
the
a
second
now
lien, subject to the lien of
outstanding, or extensions of the
Western Pacific Extension (Niles to East
Oakland)
California & Orego i Division (R tsevil o to
Oiegon
San Joaquin Branch (Latnrop to Goshen)
A total of railroad line
Miles.
24-31
Bouudary).. 296\5<)
146 08
466 89
together with the workshops, depots, equipment, rolling
stock, and telegraph appertaining thereto.
Being used for funding, or for refunding, existing debt,
part of which bears a higher rate of interest, the present issue
of bonds does not increase the interest
liability of the Com¬
pany, except to the small extent made necessary by new con¬
struction and betterments.
The net earnings heretofore have
more
than sufficed to meet the annual
179
interest and all fixed
charges, including the requirements of the Tlmrman Sinking
Fund Act.
The bonds and overdue
coupons are receivable at par in
payment for lands.
Bonds are in denominations of $1,000 each, numbered from
1 to 16,000 inclusive: are dated Oct.
1, 1886. and mature Oct.
1, 1936: bear six per cent interest in gold coin, payable April
APPLICATION TO THE NEW YORK STOCK
EXCHANGE.
Minneapolis, Minn., June 1, 1887.
Application is hereby made for placing on the list of the
New York Stock Exchange two thousand seven
hundred and
thirty First Mortgage Five Per Cent Forty (40) Year Gold
Bonds of the Minneapolis Sault Ste. Marie &
Atlantic
Company, of the par value of one thousand dollarsRailway
($1,000)
each, numbered from 1 to 2,730, both
inclusive, and also
twenty-four thousand two hundred and sixty shares of the
preferred stock, and twenty-four thousand two hundred and
sixty shares of the common stock of the said
company.
The corporate name of the
company is the Minnel )olis
Sault Ste. Marie & Atlantic
Railway Company, and it
organized in September, 1883, under the General
Incorj
lion Laws of the State of
Wisconsin, to construct or ac< lire,
and to maintain and operate
a railway from a point on the
western boundary of said State near
Osceola, easterly through
the counties of Polk,
Barron, Washburn, Sawyer, Chippewa,
Price, Lincoln, Langlade. Florence and Taylor, in said
State,
to a point on the eastern
boundary thereof near Florence, as a
part of a through line extending from the city of
Minneapo¬
lis, Minnesota, to the Sault Ste. Marie or St.
Mary's River, in
the State of Michigan, a distance of
about 475 miles.
*
A corporation has been formed in
Minnesota, and also one
in Michigan, by the
projectors of this company, to construct
the portions of the said
through line in the said States of
Minnesota and Michigan, and the
proper contract arrange¬
ments have been made for the
acquirement by this company
by purchase, lease or consolidation of t lie
railways to be con¬
structed by the said Minnesota and
Michigan
companies.
This company
completed in the year 1884 that portion of its
line extending from Turtle
Lake, Barron County, Wisconsin
(a point of junction with the Chicago St. Paul
Minneapolis &
Omaha Railway)
easterly to Bruce, in Chippewa County, Wis¬
consin, a distance of 46 miles. In 1885 it extended its
railway
from said Bruce, in
Chippewa County, Wisconsin, to Ingram,
in Chippewa
County, Wisconsin, a distance of (58 miles from
Turtle Lake.
In 1886 it extended said
railway from said In¬
gram to Rhinelander, Lincoln County, Wisconsin
(a
junction with the Milwaukee Lake Shore & Western point of
Railway),
a total distance from Turtle Lake of
141 1-10 miles, and is now
engaged in constructing that part of its line between Minne¬
apolis and Turtle Lake, a distance of 73 miles, and
expects to
complete the same by the 15th day of August, 1887
: and is
also constructing that
part of its line between Rhinelander
and Sault Ste. Marie, and
expects to cc mplete the same, so as
to have a through line from
Minneapolis to Sault Ste. Marie,
and to a connection with the Canadian
Pacific Railroad, by
the 1st day of
January, 1888.
fJJ1'
The company's
railway is the standard gauge of 4 feet
inc lies and the constructed
portion thereof is laid, and that
in process of
construction, and to be constructed, is to be laid
with steel rails weighing GO lbs.
per lineal yard.
The company owns terminal
grounds in the
of the value of $150,000.
The company owns 180 acres of land
in
city of St. Paul
Minneapolis, ac¬
quired for terminal purposes, of the present
cash value of
$300,000.
The company
also has in its treasury, in cash, accumulated
on bonded debt, a
surplus
net earnings, after
paying interest
to the amount of $85,041 07.
The company
has on hand, fully paid for, the
roll¬
ing stock: 12 locomotives, 150 box cars, 150 fiat following
cars, 5 passen¬
ger coaches, 3 combined
passenger and baggage mail cars, 2
cabooses.
The company lias also
purchased, for early delivery, the
following rolling stock: 1 business ear, 24
locomotives, 1,000
box cars, GOO fiat cars, 20 cabooses.
The gross earnings, of the
company from January 1st, 1886,
to April 30th. 1887, were
$138,433 38 ; the operating
expenses
of the same
period were $83,978 31 ; the surplus
earnings for
the same period were $54,455 07.
In January, 1886. the
company made its first mortgage or
deed of trust, to the Central Trust
Company of New York,
trustee of all its rights,
properties and franchises, including said
through line, the Minneapolis & St. Croix Railway
Company,
and the Menominee & Sault Ste.
Marie Railway
Company,
joining in the execution of said mortgage (the two other com¬
panies before referred to) to secure an issue of its
corporate
bonds running (40) years from
January 1, 1886, and due on
the 1st day of
January, A. D. 1926, bearing interest at the rate
of five per cent
per annum, payable
semi-annually in gold,
in New York City, to an amount not
exceeding twenty thous¬
and dollars ($20,000)
per mile of railway fully
equipped and owned by the company. These bondscompleted,
are in de¬
nominations of
one thousand dollars
($1,000), and have the
privilege
of
registration.
Of these bonds $2,730,000, and no
1
and October 1, at the
more, have been issued.
Company's Agency in New York City.
'llie authorized
Application is made to place on the regular list 12.000 Bonds,
capital stock of the company is $12,000,000,
numbers 1 to 12,000, ro be called Central Pacific Railroad Co.'s divided into 120,000 shares of the
par value of $100 each, of
which 80,000 shares are common stock and
Mortgage Bonds of 1936.'
40,000 shares pre¬
ferred. The preferred stock is entitled to a
I. E. GATES, Act. Vice-President.
dividend of seven
This Committee recommends that the above-described
$12,- per cent per annum (non-eumulative) before any dividends are
000,000 Bonds, Nos. 1 to 12.000, be admitted to the regular list, payable on the common stock.
to be called “ Central Pacific
24,260 shares of the common stock have been
Mortgage Bonds of 1936.’’
issued, and no
more, and the same have been fally
Adopted by the Governing Committee, August 2, 1887.
paid for.
24,260 shares of the preferred stock have been
GEORGE W. ELY, Sec.
issued, and no
S. T. RUSSELL, Chairman.
more, and the same have been fully paid for.
of $161,330 92
and payments on
subscriptions to the said preferred stock, which are payable
only out of the net earnings, and before the payment of any
Commercial jinxes.
Interest dividend certificates to the amount
■diave been issued to equalize subscription to
stock.
has no floating debt, stock liabilities, iior
funded debt, except as above.
The Central Trust Company of New York lias been ap¬
pointed Registrar of the stock of this company, and has
accepted such appointment. A duly certified copy of the re¬
dividends
any
The company
solution of appointment, with the acceptance of the Trust
-Company endorsed thereon, is herewith submitted.
Messrs. Morton, Bliss & Co. have been appointed Transfer
Agents of this company, and have accepted the appointment.
1 also inclose sample copies of the Preferred and Common
Stock Certificates, and of said Mortgage, and President’s An¬
nual Report of 1885, and maps.
The General Offices of the company are at Minneapolis,
Pettit, Treasurer.
W. D. Washburn, President;
P. Hawkins, Secretary; C. H,
preferred capital stock, be
admitted
to the regular list.
S. T. RUSSELL, Chairman.
GEORGE W. ELY. Secretary.
Ateliison
Fe.—Circular No. GO of this
Topeka & Santa
Company contains
the following :
Boston,
July 30. 1887.
Santa Fe Wail bad Co.:
Santa Fe Railroad Company.,
recommend an increase of the
capital stock of this Company from $08,0! 0,000 to $75,000,00'*, and
have cal ed a special meeting of the stockholders of the Company for
the fifth day ot September, i887, at Topeka, Kansas, to vote upon this
To the Stockholders of the Atchison Topeka if
The directors of the Ateliison Topeka &
alter full consideration, unanimously
recommendation.
At the meeting of May 5, 1887, the stockholders approved
extensions of the Company’s system, and also accepted the
1887, w hich authorizes tin* issue of capital stock to m< et The
such extensions
It is deemed wi>e to make a partial use of this
various
Act of
cost of
author¬
provMe for the increase of rolling stock and facilities,
made necessary t-y the present and prospective traffic.
When the leport for the annual meeting was prepared, neither
ity, and also to
Aug. 5, 1887.
heat from
which the whole country suffered throughout July, and busi¬
ness for the autumn season has consequently received an im¬
pulse. Excessive rains iu some sections and drought in others
have undoubtedly done some damage to the crop3, but it is be¬
lieved that no serious injury has been inflicted.
Nearly all
speculative circles were early in the week in a state of fever¬
ish excitement, in sympathy with the depression at the Stock
Exchange, but a general recovery of tone seems to have
There has been some
abatement of the intense
already begun.
The following is a statement of the stocks of leading
of domestic and foreign merchandise at dates given :
W'. D. WASIIBURN, President.
000
*
Friday Night,
Yours trulv,
This Committee recommends that the above-described
^$2,730,000 first mortgage five per cent forty-year gold bonds,
Nos. 1 to 2,730 inclusive, also $2,426,000 common and $2,426,-
EPITOME.
COMMERCIAL
on
Minnesota.
The names of the officers are:
John Martin, Vice-President; M.
[Vol. XLV.
CHRONICLE.
THE
180
bbls.
tea.
Pork
Lard
bales.
hags.
bags.
mats.
Sugar
Bugar
Melado
Molasses,
Molasses,
hhds.
hhds.
bbls.
foreign..
douiestio.
No.
Hides
Cotton
bales.
bbls.
bbls.
bbls.
Rosin
Spirits turpentine
.
Tar
bags.
Rice, E. I
Rice,
domestic..
Pkgs.
..
bags.
bags.
Linseed
Saltpetre
bales.
bales.
Jute butts
Manila hemp
Sisal hemp
increase of business
lias originated not only
directors nor stockholders anticipated the immense
■which the company has since had, ai <1 which
■on its new lines, but upon all pa, t- of its system.
For the six months
The
1887.
1887.
1886.
July 1.
Au(j. 1.
A'ay. 1.
23,040
25,415
39,934
Tobacco, domestic
Tobacco, foreign...
Cofiee, Rio
Coffee, other
Collee, Java, &e...
Sugar
articles
47,207
44
0,212
lu0,700
71,750
47,477
'
18,470
13,906
24,021
45,151
45,019
32,268
483.890
339,614
101,278
42,211
41,246
100,180
37,600
41,500
77,250
37,491
None.
None.
None.
2,493,500
2,343,759
300
22
675
2,325
1,879
1,000
389,400
1,357
1,500
403,800
105,385
19,008
1,787
99 L
1<
0,1*48
15.8 <2
3,000
796
4,040
4,920
1
900,488
700
315,000
165,477
16,006
2,552
575
None.
None.
15,700
14,200
3-,009
10,500
9,800
14.929
8,320
0,170
7,500
15,900
50,400
0,306
N one.
2,258
4,023
3,030
4,140
speculation in lard for future
delivery took an impulse
Tuesday frorii the sharp advance in corn, but only the more
To-day there was a
distant months maintained the advance.
corn
sharp decline, under r* ports of rain on the
Laru on the spot has been dull, without decided change in
on
than $1.200,<>00
188(5. The earn¬
Western
fields.
in the past may
of the, second six
of the first six values, and to-day showed some depression, closing at 6 60c.
months. The‘result of this greatly-increased traffic is that the com¬
for prime city, 6 87^@6 92V£c. for prime to choice Western,
pany’s rolling stock and equipment have been overtaxed; that, large as
7c. lor refined to the Continent and7*40c. for refined to South
lias been the increase of earnings, they would have been still greater
if the transportation facilities had been larger; and that to handle not
America.
only the traffic within leach, but th.it sure to flow from the recent
DAILY CLOSING PRICES OF LARD FUTURES.
accessions to tin*, system, very huge additions to its rolling stock
Mond’y. Txiesd'y. Wedns’y. Thursday. Friday
Saturday.
0-90
6 82
equipment and facilities should be made wiihout delay.
6-91
0 95
6 90
the
ofAug.
deliv’y
G’OO
The directors believe that
cost
tlnse increased business facili¬
6 91
7-02
70 1
704
6-98
ties should be so met a* to enable the st »ckho!ders to benefit by the in¬
Bept.
“
0*99
0 99
7-10
7*10
710
7*04
October “
7‘06
creased cart ing capacity of their road. The earnings are now more
689
7*00
6-98
6-92
6-85
Nov.
“
6'80
than suffn ient to pay dividoi ds at tin* rate of seven per centum upon
6-n7
6*97
6-9a
60)1
0*84
Dec.
‘ “
0*84
the capital stock of the company, increased as above recommended.
6*94
7-05
703
6-98
6-88
January “
6*87
The lecent accessions made to the system, and tho additional equip¬
ment and facilities which the proceeds of the now stock will provide,
Pork is rather more firmly held, with a fair trade, but cutwill, in the judgment of .the hoard, still further increase the net
meats are dull and nominally lower.
Beef and beef hams are
•earnings.
The. directors, therefore, propose to ofi'or for subscription the $7,nearly nominal. Tallow is lower at
Butter is firmer at
€00.000 of new stock, if authorized by the stockholders as above recom¬ 18@26c. for creamery, and cheese is in moderate demand at
mended, together with about $3,(au'J'OO already authorized, making
$40.000,COO in all, and also to <* -ange the rate of dividends from six per 9@ 10?a°. for State factory, full cream. The speculation in
Rio colfee was somewhat depressed until yesterday, when the
cent to seven per cent, beginning with the dividend payable iu No
vember next.
bulls took advantage of the brisk dealings of the regular trade
That all the stockholders may participate alike iu tho advantages of
to promote a material advance, but the market to-day is lower
the issue, it is proposed that, the new stock shall be offered at par to all
stockholders, proportionately to tin ir several holdings. Each holder and unsettled, closing with sellers at 17 40@ 17 75c. for summer
will have the right to subscribe for three rrew shares for each twenty
and autumn months and 17 75(a) 47 *95c. for the more distant
shares (being fifteen per cent) of the present stock standing in his or
cp'ions. Coffee on the spot has not been active, and closes
her name on August 6, 1887. and m that proportion for a greater or
dull at 19c. for fair cargoes Rio, the improved demand of yes¬
smaller holding. Payments for and deliveries of the new stock will be
made as follows: September 15. T»7, 25 per cent; October 10, I8i7,
terday not having been maintained, and the mild grades are
25 per cent; November 21, 1887. 25 per cent; December 15, 1837, 25
inactive.
Raw sugars have been dull, but close more active
per cent.
at 4 9 10c. fur fair refining Cuba, and 5 5-16c. for centrifugal
Memphis & Charleston.—The gro?s and net earnings for 96 deg. test, with sales to-day of 3,450 lihds., chiefly English
Molasses dull at 18^c. for 50 deg.
June, and for the fiscal year from June 1, have Ixen as below : Islands, at U.±@4 17-32c.
ending July 1,1887, the net earnings exceeded by more
the net earnings for ths first six months of the year
ings are still in- reasing. and wlia" lots always been true
be expected this year also—namely, that the revenue
mouths of the year will he considerably in excess of that
..
'
_
..
..
..
..
June.—
/
def .$',589
Railroads in New York
Net earnings
1,195,101
937,210
$11,190
$410,281 $380,375
State.—The returns of the fol¬
lowing roads for the quarter
at Albany as follows :
ending June 30 have been filed
s
*—Jlcn n. d Saratoga.—*
1 8 SO.
1897.
$2,18 7x07
Operating expenses 1,572,885
$2,010,590
$509,994
$554,113
1,51*3,339
371,08 4
334,021
$ : 14,782
$ 1 *7,2.37
187,7 80
$198,310
$199,494
205,081
255,584
Gro-s famines
Net earnings
Charges
188.0*9
$420,723
Balance
/
Gross
earnings
Operating expenses
Net earnings
'Charges
Balance
$309,471 def. $60,771 def. $50,030
\
.V. Y. tO Canada.
1880.
18s 7.
$19 ".497
138,534
$177,827
$.>9,103
07.435
$72,452
00,923
def.
$8,272
test.
.
■
~
*
Kentucky tobacco is again dearer at
a) 16c.,with selections
at l7@20c., but less active; sales for the week are only 400 hhds.
of which 200 for export.
Seed leaf more firmly held, and m
fair demand.
Sales for the week 1,070 cases, as follows: 250
cases 1886 crop. New England, private terms: 100 cases 1835
crop, New England Havana seed, 12(a) 18c ; 230 ca«es
1881-85
Pennsylvania seed, 12(a) 16c.; 240 cases 1884-85 crops,
Dutch, 6L£(#13c.; 150 cases 1885 crop, Wisconsin Havana,
'6(3) 12c and 100 cases sundries, 7(a) 28c.; also 400 bales Havana,
60c.(^rl 05, and 250 bales Sumatra. $1 35@$1 55.
Spirits of turpentine is in better demand and firmer at 32^c.
Rosins steady but quiet, at $1 02%cb$ 1 10 for common to
Tar dull at $2. ' Crude petroleum certificates
good strained.
nave shown a good degree of activity and strength, but were
to-day quite dull, closing at 573g(a)57} Ic. The Metal Exchange
has been unusually dull, with prices Tfrooping and unsettled.
The stocks of pig-iron at the interior furnaces are estimated
crops,
F,ost<ai d .1 lb tiny.
1880.
1887.
,
-
1885 6
$1,0 6,772 $1,323,525
70,063
110,553
Operatiiigexpenses
1880-7.
$81,8->3
$111,001
Gross earnings
Tear
.
.
1880.
18- 7.
125,3 / 5
Alb.dSitS.cind Lac.if S.-,
1897.
1888.
$730,472
493,205
$067,211
428,934
$237,207
$239,227
250,494
250,154
,
at
(let. $15,471 def.$18,947 def.$12,207
130,000 ton*.
have been generally dull.
Plymouth at 3s. and to Cork for
nominal rate to Liverpool is-2}id,
Ocean freights
chartered to
and the
Steamers were
orders at 3s. Gd.,
I
August 6,
THE
1887.]
CHRONICLE.
COTTON
Friday, P. M„
In addition to above exporrs,
our telegrams
the following amounts of cotton on
to-night also give",
shipboard, not cleared,,
at the ports named.
We add similar figures for New York,,
which are prepared for our speciil use
by Messrs. Carey, Yale
us
Aug. 5. 1887.
The Movement op the Crop, as indicated by our telegram?,
from the South to-night, is given below.
For the week ending
this evening (Aug. 5), the total receipts have reached 1,499
bales, against 2,581 bales last week, 3,295 bales the previous
4,600 bales three weeks since ; making the tota
receipts since the 1st of September, 1886, 5,20 >,178 bales, against
5,303,296 bales for the same period of 1885-86, showing a de¬
crease since September 1, 1886, of 100,118 bales.
Sc Lambert, 24 Braver Street.
On
week and
Aug. 5, A.T—
Now Orleans....
Mobile
Charleston
Savannah
Galveston..
Norfolk
SV.w York
Other ports
317
None.
None.
None.
None.
None.
Receipts at—
Galveston
Mon.
49
Indianola, <feo.
•
134
mmmm
....
21
36
161
2
mmmm
Florida
50
Bavannah
Brunsw’k, <feo.
Charleston
31
•••
New Orleans...
Mobile
Wed.
lues.
....
•
•••
....
....
....
106
....
....
....
....
6
....
....
495
1
3
50
....
3
....
....
552
23
....
....
Total
103
209
45
....
Fri.
124
....
....
....
....
Thurs.
Total 1887
9
....
1
....
O
2
.
.
.
Total 1835
5
.
France.
Other
Coast¬
wise.
Foreign
None.
None.
None.
None.
None.
None.
5,500
None.
None.
None.
None.
None.
None.
None.
SOO
None.
None.
6,617
None.
3,350
j
14.309
11,780
2 CO
200
7.169
!
5,009
....
Total 1886
Shipboard, not cleared—for
Lea vino
Great
Britain.
„.
Sat.
181
939
None.
None.
None.
None.
None.
None.
None.
3,350
1
Stock.
Total.
1,306
31.970
None.
None.
None.
None.
Noue.
1.132"
8,8 SO
91,1267
800
19,64B>
227
518:'
79(£
1,813:
9 89
10,956
147,58*.
6.2
146
22,660
17,126
176.765*
173,94£»
The speculation in cotton for future
delivery at this market
fairly
active
for
week
the
under review, and the?
81
course of prices has fiactuated so
Morah’dO.&e.
sharply and widely as to
Norfolk
5
1
1
7
alford the regular room traders full scope for
the employment
West Point,&o
148
148
of their peculiar tactics.
There
was a considerable decline on
New York
Saturday, as the adverse reports from the growing crop lacked
Bocton
Baltimore
confirmation; but on Monday the reports from Georgia and
130
130
the Carolinas that heavy rains had caused Hoods, with con*
8
2
Phiiadelp’a, <feo.
9
19
tinued
Totals this week
dry weather in parts of Texas, caused a buoyant mar¬
266
268
202
162
333
268
1,199
ket.
On Tuesday the failure of Liverpool to
respond to our
For comparison, we give the following table showing the week's
advance
was attended by a decline, and a further
total receipts, the total since Sept. 1,1885, and the stock
yielding of
to-night
values on Wednesday morning was followed by a quick
and the same items for the corresponding periods of last year.
and
full recovery on reports of a renewal « f heavy rains in the
1886-87.
1885-86.
i
Stock.
Receipts to
sections above named. Oa Thursday the market was unset¬
TMs \ Since Sep.
This
Since Sep.
Aug. 5.
18S6.
Week.
tled, without important change, but made some advance in
| 1,1386. Week 1, 1S85. 1897.
the later dealings, when the speculation was quite strong.
Galveston..
552
231
707,435
697,018,
1,813
3,060
To
Ind’nola,&o
day the market was variable and without important
781
NewOrlean8.
495 1,728,001
1,301 1,727,843
33,276
11,151 change.
Cotton on the spot met v> i h a moderated demand
Mobile
3
227
for home consumption.
213,443
227
247,080
3,752
There was a decline of 3-16c. on Sat¬
Pr.
Royal, &c.
Wilmington....
....
....
....
....
....
....
has
81
....
....
....
....
....
....
....
....
....
....
....
....
i
been
....
C
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
[
.
Florida
Bavannah.
50
23,880
2
9
794,700
S16
5
31,731
368,208
32
..
Br’sw’k, &c
Charleston
..
Pt.Royal,&o
Wilmington
M’Uead C.,&c
50,166
797,916
16,252
501,571
19,212
81
.
Norfolk
7
W.Poiut,&o.
143
New York...
Boston
......
Baltimore...
130
Piiiladel’a.&o
19
2,555
101,176
458
233
705
7,821
562,936
284,506
1,482
3,510
99.976
143,786
56,663
121,191
105,358
578
63,931
58,374
3,162
65,3:5
472
6,920
11,839
652
5j »5bi)
16,519
9,633
158,537'
199.425
be made with other years,
1885.
| 1886.
3,030
7,624 5,306,296
give below the totals at leading ports for six
1887.
518
17
351
In order that comparison may
Receipts at—
2,870
14,476
134,8 L4
3,339
532,115
324,219
96,802
1,499'5,206,178
Total
796
we
seasons.
1884.
1883
1833
urday last. To-day there was a fair business for home con¬
sumption on the basis of 10c. for middling uplands.
LTie totai sales for forward delivery for the week are 555,900
biles.
For immediate delivery the total sales foot up this week
10,2>0 bales, including 6,217 for export, 4,013 for consumption*
for speculation and — in transit.
Of the above, — bale©
were to arrive.
The following are the official quotations foar
each day of the past week.
UPLANDS.
July 30 to
JJ
0?din’y.$tb
730
730
Strict Ord..
Good Ord..
Btr, G’d Ord
L *w Midd’g
S .r.L’w Mid
778
8i»i«
94
778
730
77s
8lo10
810,6
9 %
9%
Middling.
.
Mldi’g Fair 1078
Fair
111-3
552
231
48
109
2,611
1,0 >2
New Orleans.
Mobile
495
1,301
235
449
2.436
539
3
227
21
75
104
201
9
316
25
139
1,430
386
Charl’st’n.&o
5
82
10
7
372
257
Wllin’gt’n,&c
81
17
2
4
125
110
7
703
170
5
1,063
738
Ordtn y.^lt
Strict Ord..
Good Ord
3tr. G’d Ord
L > w Midd’g
Str.I/w Mid
31
3
15
96
Middling...
1,550
1,429
...
Norfolk
W. Point, &c.
All others
143
mmmm
199
...
Tot. this w’k.
4,745
1,499
1 472
1,493
7,621
2,038
2,203
9,706
4,811
Galveston inoludes Tndia-noia; Charleston includes Port Royal, &o.
Wilmington inoludes Moreb’d Clty,&o.;West Point includes City Point,
Ao|
The exports for the week
ending this evening reach a total
19,409 bales, of which 17,057 were to Great Britain, 87
to France and 2,256 to the rest of the Continent.
Below are
the exports for the week and since September 1, 1886.
of
Week Endino Aug. 5.
From Sept. 1,1880, to
Aug. 5,1887
Exported to—
Exported to—
Exports
Great
BriVn. France
from—
Galveston
Conti-
2 otal
nent.
Week.
Great
255,540
......
New Orleans
8,427
..
8,427
....
Wilmington...
Norfolk
••••••
(.....
......
......
......
......
......
......
......
......
......
......
......
West Point,Ac
New York
.
...
.
87
7,4«1
Boston
1,109
••••••
......
....
.
.
2.256
......
...
233,159
90,453
......
......
90,823
320,220
97,078
0,804
503,170
1,109
145,247
90,073
52,793
......
Phiiadelp’a, Ac
—.
■
-
Total
17,054
87
Tota l IW-Ke
22.480
170
30,353
——
—
—"
•
—
19.400 2,693,377
1 eon
Tota.
18,043
213,930
143,200
10,657
7,900
8,000
•
2,150
42,059
8,400
'248,458
2.433
28,689
3,210
......
8,750
—-
—
»
■
403,707
277,623
109,64,
330,120
108,284
147,083
183,712
56,012
■■■
474,387 1,170,832 i,aS8,G40
24 250 2.570 0 -9 109 041
i
.pro
1 O'-"
900
!
810,6 !
91316
84&,0' S1&J6
938
|
94t
I*: 51
I
9a4
|
9^;r,
10
10
10%
10*4
10%
1078
il%
10%
10%
1050
1078
il
11%
1150
r
9%
9’-610
11%
11%
11%
914
9 58
914
950
9%
9.%
81j16
930
8lo,0
9%
94i
934
8101
9 30
9^4
91316
913,0
91;i.Q
913,8
91oH!
11%
10%
,
10 78
; 11%
; 11
!1150
lb.
Good Or-lioary....
7%
10%
Fri.
Wed
7%
7%
8
8
ft
91%6
10%
10%
10%
10%
11
11%
!
7%
713,6!
'
Low
83,
950
8-°4
Middling
Middling
10%
1030
T0%
|
1
7%
7%
7i*
8
S
8
815ifi
81Bie
9%
934
8**10
9%
9^
9%
9%
9‘5,e
1030
10%
11
11%
i 9%
1
io»a
Frim
10%
!lO%
7%
;,16
10%
10%
Th.
91516
10%
1038
10%
10%
10%,
11
11 *
11
11%
11%
11%
Til.
7%
7%
j
i 9%
Frlc
7%
7i:i,6; 713,fi
83,
9%
9i5,a
10%
1030
mon Tuer, Wed
Sat.
915m
1150
8IM0
! 10 hi
9l5,fi
11%
81*16
| 1078
1 11%
915,6
10 %
11
8ioi0
1030
! 10%
9%
9^
11
8
10%
9%
il
Th.
I 10^0
8151S
11
7%
10
! 10 h
815,®
11
730
7 78
10
8
8,0,e
9%
7%
10%
10%
.10%
7*8
778
:
8
10%
10%
10%
:
7%
7-8
10
7%
3
9%
Woe?
j
Iflon iTaet
7%
i
|10%
1030
TEXAS.
Sat.
| 7%
8
8
Srrirtt: (4nnd OrrtlnHrv
713,®
834
84i
9%
9%
MARKET AND SALES.
The total sales and future deliveries each day during the*
week are indicated in the follow mg statement.
For too con¬
venience ot the reader we also add a column which snows at &
glance how the market closed on same day3,
SALES OF SPOT A SI) TRANSIT.
SPOT MaKhBT
CIXISEI)
S*t
Mon
-
-
.
E;ih.V ^3,6 dec..
Firm
Tues. Quiet
Wed
Easy
Timrs Steady—
Frl.
Quiet and steady
.
?SS,2v 3
9%
30
STAINED.
40,807
43,960
j 7%
C8
Fri.
Midd’g Fair 1(»78
104,900 390,708
377,054 1,452.809
40,307
Florida
Bavannah
Baltimore.
nent.
13 319,002
t
Mobile
Charleston
Conti-
Britain. France
7 hi
8
9
i;il6
| Mo ax
I»
Th.
Good Mid.. 10%
Str. G’d Mid 10 hj
Since Sept. 1. 5206,178 5306,296 4736,534 4803,030 5950,260 4665,835
9
Shi.
Wed
.
Fair.
Tue»
OB
91.4
9^,6
10
Good Mid.. 10%
Str. G’d Mid 10%
Gal vest’n,&o.
Bavannah
NE W ORLEANS. i
Sat.
Any. 5.
Total.
Ex- : Con-! Spec-Iran-J
port, smog) iiTi'n sit. j
6,217 1,000,
....
456|
...J 314
....
....(
....
533
....1,050!
....
610
6,2174,013
....
....
....
71,500; 1,300
1
wOO
l,60u700
....
1
10,2b0 555,900
irfcB daily deliveries given above are actually
-rivious vo that on whioh they are reported.
3,900
del1 vt rod the dbjjf
The Sales and Prices of Futures are shown
ing comprehensive table.
Deliferi-ts
Sales.
450 97,-00'
314 113,0 JOi
583 110,4:0,
1,0 0, 92,600|
610 70,900'
....
...J
.
7,217;
....
....
FUTURES.
by the follow^
THE CHRONICLE
182
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37,800
27,000
158,537
20,794
5,802
Europe...
513,000
376.000
192,000
48,000
158,537
423,000
196,000
5-1,000
42,000
199,4 25
191,175
20,794
5,802
44,363
3,745
is,879
1,960
801,133
924,533
990,914
168,000
23,000
96,700
212,000
2 2,000
117,000
135,0(0
71,000
224,000
Brazil, dc.
262,000
33,000
150,100
150,000
27,000
*
3,000
422,000
425,7(0
924,533
508,000
245,000
43,000
189,483
16,795
3,200
318,000
71,000
192,800
177,000
16,000
774 800
990;914
5^i^d.
lo^o.
5*4 d
5H>d.
luc.
G^d.
lO^iec,
bales as
Ar THE INTERIOR Towns the movement—that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1885-86—is set out in detail in the following statement,
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Inoiunee Bttiee m Bepteiuber, 1886, lor 8ei»teml)er, 42,900; Bept«iD
ber-October, for October, 287,200.; Septcmber-November, for November,
441,700; Septeiuber-December, for December, 765,100; September*
January, for January, 1,685,900; September-Februaiy, for February’,
1,282,400; Bejtember-Mareh, for March, 2,106,800; September-April
,
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& We liave jucludcd in tbe above table, ana aliail continue eaeh
With to give, tlie average price of futures each day for each month.
It
Hill be found under each day following the abbreviation “Aver ” The
aveiage l'or each mouth for the week is also given at bottom of table.
Transferable Orders— Saturday, 9*85o.; Monday, 10*05c.; Tuesday,
S‘90t.; ’Wednesday, 9’85c.; Thursday, 9’90c.; Friday, 9'85o.
The following exchanges have been made during the week:
•05 pd. to encb. 800 Nov. for Oct.
I *17 pd. to exch. 100 Dec. for Mar.
O'
But to make the totals the complete
tO v-
k©CktOC.
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W
The VisibleScpply of Cotton to-night, as made up by cable
and telegraph, is i s follows. The Continental stocks, as well as
those for Great Britain and the afloat, are this week’s returns,
and consequently all the European figures are brought down
o'©-
to
to
to
JEvtn 500 Nov. for Deo.
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for April, 1,628,900; Beptember-May, for May. 2.005,900; Bt-ptember
Jure, for Ji ne, 2.555,200; Bcpttmber-July, for July, 2,154,400.
4
906,700 1,088,000 1,334,800
177,000
71,000
135,000
43,000
58,000
42,000
16,000
3,000
189.483
191,075
199,425
16,795
13,879
44,363
3,200
1,960
3,745
ponding date of 1885 and a decrease of 357,045
compared with 1884.
©
Thursday evening.
341,000
8,000
jHi§r*The imports into Continental ports this week have been
20,0U0 bales.
The above figures indicate an increase in the cotton in sight
to-night of 73,000 bales as compared with the same date of
1886, an increase of 10,319 bales as compared with the corres¬
o
*-i
to
292,700
4,000
51,000
>s
>
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10,000
174,000
1,423,233 1,350.233 1,412.914
b
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11,000
Price Mid. Upl., Liverpool
Price Mid. Upl., New York.’..
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10,000
39,000
622,100
801,133
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3,400
216,000
6,000
65,000
13,000
11,000
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Total Great Britain stock.
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
8tock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Geuoa
Stock at Trieste
United States interior stocks..
United States exports to-day..
to-
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1,4^3,233 1,350.233 1,412,914 1.780.278
descriptions are as follows :
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the United
Total European stocks.... 1,013,100
India cot ton afloat for Europe.
150,000
Amer. cott’n afloat for Eur’pe.
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The flgures for Louisville In both years are “net.”
The above totals show that the old interior stocks have
decreased during the week 710 bales and are to-night 23,569
bales less than at tbe same period last year,
The receipts at
the same towns have been 2,893 bales less than the same
week last year, and since September 1 the receipts at all the
,
towns are
73,790 bales less than for the
same
time in 1885-86.
Quotations for Middling Cotton at Other Markets.—
In the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
day of the past week.
CLOSING
Week ending
Aug. 5.
Galveston...
New Orleans.
Mobile
Moil.
Tues.
Wednes.
Thurs.
Fri.
93g
9ki
930
9»*
95s
9^8
930
9*2
950
930
94
913
9^
914
9is
9i*
91*
91s
9i*
91*
914
91*
10
10
Wilmington..
10*4
Norfolk
Boston
10
10 *4
Baltimore....
10i*
Philadelphia.
Augusta
Memphis
10®8
..
95a
St Liuis
108»
Cincinnati...
Louisville...
1030
101s
101*
Id*
10i*
101s
1050
lOSg
10^
1014
9\
930
10‘s
1050
104
950
95g
108j
10
10
1010
10i8
10i«
1050
IOI4
9-\
1050
1014
9\
950
10*2
1010
10
10
10
10
10
10
10
1018
10 ^
914
10
10
10
10
10
10
10
1038
9\
....
QUOTATIONS FOR MIDDLING COTTON ON—
Satur.
Savannah.
Charleston..
95q
10
I0I3
10
95g
9i*
10i*
10^
following table
from the plan
tatiooe.
The figures do not include overland receipts nor
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crof
which finally reaches the market through the outports.
Receipts from the Plantations.—The
indicates the actual movement each week
Receipts at the Ports. St'k at Interior Towns. Rec'pts from Planvnt
Week
Ending—
1885.
•
1885.
1887.
1880.
|
1886.
1887.
1885.
1880.
18S7.
-
1
1,642
13,510
3,598
“
S
2,802
12,694
“
15
1,972
9,472
1,261
4,600
July
“
22
“
29
....
5
—
Aup.
6,744
9,060
3,295
2,581
22,300'
2,598
2,038
7.624
1,499
21,255*
2,194
....
33,616
28,711
23,591
20,578!
86,994 41,902
77,661 38,253
8,227 33,848
64,810 29,188
57,026 27,937
49,807 26,018
3,872
3,361
248
37
195
3,327
1,870
1,330
903
860
183
CHRONICLE
THE
6, 188?.
August
lowest 74.
inch.
Rainfall during July ninety-five
Columbia, Texas.—It has rained on one
the rainfall reaching
is magnificent in this
an
day of the week,
sixty-two hundredths of an inch.
Yield
section. The thenao meter has averaged
84, the highest being 95 and the lowest 73. Daring July the
rainfall reached eight inches and three hundredths.
Cuero, Texas.—We have had no rain all the week. Crops
are fine and picking is progressing rapidly.
The thermometer
has averaged 87, ranging from 74 to 100.
Rainfall for the
month of July ninety-nine hundredths of an inch.
Brenham, Texas.—Th > weather has been dry all the week.
Cotton is suffering from the intense heat and want of rain.
Worms have done damage on some farms.
Average ther¬
mometer 88, highest 102 and lowest 73.
Rainfall for July
seventy-six hundredths of an inch.
Belton, Texas.—There have been slight showers on two
days of the week, which did no good. The rainfall reached
thirteen hundredths of an inch.
Soaking rains are absolutely
necessary, and prospects for an average crop will be gloomy
unless they come soon, and there be an unusually late fall to
give the lust-formed bolls a chance to open before frost. The
outlook on the whole is bad. The thermometer has ranged
from 70 to 101, averaging 87.
During the m mth of July the
rainfall reached seventy-eight hundredths of an inch.
Weatherford,
of the week,
reached
one
Texas.—Good rains have fallen on three days
and prospects are very
inch and fifty-two
bright.
The rainfall
hundredths. The thermomet* r
averaged 85, the highest being 101 and the lowest 63.
During the month of July the rainfall reached seventy-five
hundredths of an inch.
has
New Orleans,
Louisiana.—It has rained on three days of
reaching thirty hundredths of an inch.
averaged 85.
the week, the rainfall
The thermometer has
Shreveport,
2,716
hundredths of
Louisiana.—Rainfall for the week two hun¬
The thermometer has averaged 86, rang¬
5
from ing from 75 to 104.
Columbus, Mississippi.—During the month of July the
1886,
5,184,136 bales; rainfall
reached four inches and seven hundredths.
bales.
Mississippi.—No ram during the week. The
Leland,
week
thermometer has averaged 82*7, the highest being 96 and the
were 1,499 bales, the actual movement from plantations was
lowest 72.
only
bales, the balance being taken from the stocks at
Greenville, Mississippi.— During the month of July the
the interior towns. Last year the receipts from the plantation!
rainfall
reached five inches and eight hundredths
bales and for 1885 they were
for the same week were
dredths of
an
inch.
The above statement shows—1. That the total receipts
the plantations since September T,
are
in 1885-86 were 5,340,253 bales; in 1884-85 were 4,740,574
2. That, although the receipts at the outports the past
Sight Aug. 5.—In the table below
give the receipts from plantations in another form, and add
to them the net overland movement to Aug. 1, and also the
takings by Southern spinners to the same date, so as to give
substantially the amount of cotton now in sight.
Amount of Cotton in
we
1886-87.
1885-86.
1884-85.
1883-34.
4,808,030
Receipts at the ports to Aug. 5. 5,206.178 5,306.296 4,730,534
Interior stocks on Aug. 0 In
*23,723
4,040
*22,042
33,957
excess of September 1
Tot. receipts from planta’tns
Net overland to Aug. 1
Southern oonsumpt’n to
Total in sight Aug.
Northern
5
spinners’ takings to
Decrease from
5,184.136 5,340,253 4,740,574 4,779,307
788,880
391,600
Aug. 1
Aug. 5
*
821,134
308,000
610,060
264,000
573.700
296,000
6,oG4 016 6,469,387 5,614,63 4 5,649,007
1.310,022 1,741,007 1,360,119 1.541,027
September 1.
decrease in amount in sight to¬
is 105,371 bales, the increase as
1884.-35 is 743,332 bales, and the increase over 1883-34
It will be seen by the above that the
night, as compared with last year,
compared with
is 715,009 bales.
Weather Reports
by Telegraph.—Our telegraphic ad¬
vices from the South to-night indicate that over a large por¬
tion of the Atlantic and in sections of the Eastern
rains have been excessive, resulting in 11 >ods at some
and causing dim »ge to the crop in lowlands.
and in the balance of the cotton belt the conditions have
en
Gulf States
points
Aside from this
b
fairly favorable, except that in parts of Texas rain is needed.
Galveston, 'Texas.—We have had rain on three days of the
week, the rainfall reaching five hundredths of an inch. Re¬
ceipts this week all new cotton. Average thermometer 84,
highest 91 and lowest 78. During the month of July the rain¬
fall reached one inch anl fifty-four hundredths.
Palestine, Texas.— Prospects continue good. It has rained
on one day of the week, the rainfall reaching four hundredths
of an inch.
The thermometer has averaged 86, the highest
being 99 and the lowest 73. During the month of July the
rainfall reached three inches and thirty-eight hundredths.
Huntsville, Texas.—There has been no rain all the week.,
No damage is reported as yet, but rain would be beneficial.
averaged 89, ranging from 74 to 102.
month of July reached one inch and
twenty-one hundredths.
Dallas, Texas.—Prospects are fine, and there are no com¬
plaints. The weather has been dry all the week. Average
thermometer 87, high-st 102 and lowest 68.
Raiufall for July
five inches and sixty-seven hundredths.
Austin, Texas.—No rain has fallen during the week. We
are suffering severely from the drought.
Unless rain comes
soon, the yield will be greatly reduced. The thermometer has
ranged from 75 to 99, averaging 89. No rain during July.
Luling, Texas.—We have had dry weather all the week.
The thermometer has
The rainfall during the
despondent on account of the drought, as
considerable damage has been done. Soaking rains are re¬
quired very shortly. Average thermometer 89, highest 99 and
Farmers
are
Mississippi.—Rainfall during July six inches
hundredths.
Vicksburg, Mississippi.— It has been showery on two days
of the week, the rainfall reaching twenty-five hundredths of
an inch.
The thermometer has averaged 82, the highest being
101, and the lowest 65. July rainfall four inches and eleven
Clarksdale,
2,716 bales.
very
and ninety-seven
hundredths.
Mississippi.—Rainfall for the the week seventy
The thermometer has averaged 84-5,
the highest being 99 and the lowest 71.
During July the rain¬
fall reached seven inches and fifty hundredths.
Helena, Arkansas.—The weather has been hot and dry
during the week. Crops are in general good, although some
are suffering for rain.
The thermometer has averaged 86,
ranging from 76 to 97. The rainfall during the month of July
reached five inches and forty-three hundredths.
Memphis, Tennessee.—The weather has been hot and dry
during the week, with a shower on one day, the rainfall
reaching three hundredths of an inch. Good rains have
fallen in some neighborhoods, while in others there is com¬
plaint of lack of rain. It is now raining here. The thermom¬
eter has ranged from 73‘5 to 99, averaging 85.
During the
month of July the rainfall reached one inch and thirty-seven
hundredths in ten days. The thermometer averaged 81, and
Gloster,
hundredths of an inch.
ranged from 67 to 99.
Nashville, Tennessee.—We have had rain on three days of
the ween, the rainfall reaching fifty-one hundredths of an
inch.
The thermometer has averaged 85, ranging from 70 to
Rainfall for the month of July three inches and seventy99.
seven hundredths.
look very promi-ing. S >me dam¬
overflows along the upper Alaoama River.
every day of the w» ek, the rain¬
fall reaching fifty-six hundredths of an inch.
The first new
bale was received to-day by Messrs. B. Kihn & Co. from M.
Levy & Bro., Forkland, Greene County. The thermometer
has ranged from 71 to 97, averaging 81.
During the month of
July the rainfall reached four inches and thirty-one hun¬
Mobile, Alabama.— Crops
age is reported by
There have been showers on
dredths.
Alabama.—Rain has fallen on five days of
and twelve hundredths.
rust is appearing. It is
to-day. Worms have appeared and planters are
It is claimed that the prospects are decidedly
Montgomery,
the week to the extent of two inches
There has been too much rain and
raining again
u-ing poison.
oJ\ w a fortnight ag >.
The thermometer
highest being 94 and the lowest 72.
has averaged 79, the
During July the rainfall
reached eight inches and fifty-six hundredths.
Selma, Alabama.—We have had rain on three days of the
week, the rain fall reaching thirty-seven hundredths of an inch.
The first bale of new cotton was received to-day (August 5).
Average thermometer 80, highest 89 and lowest 72. During
the
five
month of July the
hundredths.
Auburn,
rainfall reached four
Alabama—Rain has
inches and eighty-
fallen on every day of tha
hun¬
high-
week, the rainfall reaching five inches and twenty-two
dredths. Crops have suffered gready from the excessive
rains of the past two weeks. Average thermometer 77,
THE CHRONICLE.
? 1843
est 90 and lowest 72.
reached twenty-one
During the month of July the rainfall
inches and nine hundredths in twenty
days.
week last year. For the whole of India, therefore, the total
shipments since January 1, 1887, and for the corresponding
oeriods of the two previous years, are as follows:
Madison, Florida.—During the past three weeks we have
on thirteen days to the extent of nine inches and
•
BXPORT8 TO EUROPE FROM ALL INDIA.
had rain
forty hundredths.
lowest 71.
Average thermometer 84, highest 108 and
on five days of the
badly overflowed and lowland
On the uplands crops are all vigorous and
Streams have
crops damagpd.
very promising.
been
Atlanta, Georgia.—We have had rain on every day of the
week, the rainfall reaching nine inches and twenty-nine
hundredths. Unprecedented floods and freshets have done
much damage to crops.
Average thermometer 75, highest 83
and low<
st
70.
Columbus, Georgia.—Rain has fallen on five
week to the extent of four inches and rixty
days of the
liundtedths.
Crop reports are conflicting. Damage has been done on low¬
lands and cotton is shedding freely. The thermometer has
averaged 78, ranging from 73 to £G. The rainfall during the
month of July rt ached sixteen inches and fifty-one hun¬
Europe
from—
Bombay
All other ports.
Total
some extent
the coiton in lowlands.
Geneial
accounts
This
week.
Since
Jan. 1.
6,000 1,004,000
10,000
291,000
11,000
939,000
10,500
133.500
7,000
2,000
671.UOO
124 800
16,000 1.295,000
21,500 1.077,500
9.000
795,800
This
week.
Since
Jan. 1.
This
week.
Since
Jan. 1.
we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt.
The following
are the receipts and shipments for the past week and for the
corresponding week of the previous two years.
Liverpool and Alexandria,
Alexandria, Egypt,
Aug. 3.
1885-86.
1886-87.
1884-85.
1
Receipts (cantars*)—
This week....
Since Sept. 1
Savannah, Georgia.—We have had rain on four days of
the week, the rainfall reaching two inches and sixty-seven
hundiedths. The thermometer has averaged 79, ranging fiom
Augusta, Georgia.—There have been heavy rains on six
days of the week and high water in this section injure 1 to
1885
Alexandria Receipts and Shipments.—Through arrange¬
ments we have made with Messrs. Davies, Benachi & Co., of
dredths.
70 to 90.
1886.
1887.
Shipments
to all
Macon, Georgia.—Rain has fallen
week.
iVou XLV.
2,916,000
Exports (bales)—
To Liverpool
how¬
Total Europe
3,613,000
Since
l
4,009*263,OOo!
1,000:151,000j
5,000
To Continent
2,923,000
j | This I Since ;| This j Since
\Sept. l.j j week. ! Sept. 1. ! week, j Scftt. 1.
This
week.
414,OOOi
1
*299.000
1,600 232,000: 1
1,000,175,000
2,0.0 2t 3,000
■
2.000 407,000
2,000 502,000
good and the outlook fine. The rainfall reached five
A cantar is 98 ibs.
inches and seventy-seven hundredths. The theimometer has
This statement shows that the receipts for the week ending
ranged from 73 to 95, averaging 80. Dining the month of
Aug. 3 were
cantars, and the shipments to all Europe
July the rainfall reached eight inches and eighty hundredths.
5,000
bales.
Albany GeorQia.— Rain has fallen on every day of the
Manchester Market.—Our report received by cable to-night
week, and it is still raining. The rainfall reached four inches
from Manchester states that the maikefc is flat for bwth yarns
and fifty hundredths.
It is stated that crops are t adly dam¬
and shirtings, and that the demand in each case is poor.
We
aged ; many think thirty per cent.
Caterpillars are
pretty general, but no serious harm as jet. Outlook is quite give the prices for to-daj’ below, and leave those for previous
gloomy. Little new cotton is expected here during August. weeks of this and last year for comparison :
The thermometer has averaged 78, ranging from 75 to 87.
1886.
1387.
Charleston, South Carolina.—It has rained on five days of
Cott'n
Coti'n
the wt ek, the rainfall reaching two inches and six hundiedths.
32s Cop.
32s Cop.
8*4 lbs.
8*4 lbs.
Mid.
Mid.
Twist.
livist.
Shirtings.
Shirtings.
Average tneimometer 83, highest 89 and lowest 72,
Uplds
Uplds
hiacb-trg, South Carolina.—Vie have had rain on every
d.
d.
d.
d.
d.
8.
s.
d.
d.
d. s. d.
s.
d.
day of the week, heavy on two, the rainfall reaching feur
5
7^8 ®8
8*2 T6 10*2 5l5l6 7*8 ©7^ 5 7 fT6 7
5316
inchis an I tweniy-five hundredths. The thermometer has July 18 % @8
5 8*2 ^6 10*2 578
7*8 © 7»a 5 7*67
&516
5
1ft 7»s "<c*3
8 8a@6 10 *2
5^
7*S ©7^8 5 7 ©6 7
averaged 77, ranging from 71 to 86. Rainfall for July four
55is
5 S*a©6 10*4 51W7
22
3g ®8
©7*2 3 6 ft 6 6
inches and ?.im ty hundredths.
56ib
7
©7*a 5 6 ©6 6
©715,6 5 8 r?6 10
55iq
Wilson, North Carolina.—It has rained on six days of the Aug.2917*4
5
7
6 6
8
*6 10
5*s
■©7*3 5 6
5i7l4
514
week, the rainfall reaching five inches and twenty-five hun¬
ISew Alabama Cotton.—Our correspondent at Mobile, teledredths. The thermometer has averaged 82, the highest
graps us that the first bale of new Alab ima cotton reached
being 90 and the lowest 75.
The following statement we have also received by telegraph, that city to-day (Friday, Augusts) conign*lto Mhs-rs. B,
Kahn & Co., and came from Messrs. M. Levy & Bro., of Fork
showing the height of the rivers at the points named at 3 o’clock
land,
Greene County. It clas ed strict middling and wasAug. 4, 1887, and Aug. 5, 1886.
bought by Messrs. Lewin, McKinnon & Co. at 13l<> cents per
ever are
*
“
“
“
,
“
'
'
Aug. 4’87.
Avg. 5, ’88.
From Selma also
pound.
we
have telegraphic advices that
bale arrived there to day. Last year first bales were
recived at Eufaula August 12ch, Montgom ry August 15th,
Mobile 16th and at Selma on the 17th.
a new
Feci.
New Orleans
Inch.
1
6
3
....
Memphis.........
Shreveport
7
7
4
VIrk burg
6
Nashville...
ry
i
8
3
Feet.
3
8
8
0
12
Inch.
8
9
0
4
1
INDIA (JOTTON MOVEMENT FROM ALL PORTS.—Tbe receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Aug. 4.
BOMBAY RECEIPTS AMD SHIPMENTS FOR FOUR Y3AKS
Shipments this week.',
Year
Great; Conti- j
Brit’n.l nent.
1887
1886
1885
1884
|
Shipments Since Jan. 1.
Great 1 Conti-
| *oiai‘’ Britain', nent.
Receipts.
This
Week.
Total.
1,000; 5,000: 6,000 356,000 648,000 1,004,000
939,000
671,000
3,0001 4,< OOj 7,000;214,000 457,000
3,0001 6,0001 9,000 48O,000|595,000 1,075,000
Year.
3,000 1.434,000
8,000 1,338,000
3,000
976,000
5,000 1,523,000
According to the foregoing, Bombay appears to show a
decrease compared with last year in the week’s receipts
of 5,000 bales, and a decrease in shipments of
5,000 bales, and
the shipments since Jan. 1 shew an increase of 65,000 bale*.
The movement at
Calcutta, Madras and other India ports fo?
the last reported week and since the 1st of January, for twe
yoars, has been as follows,
‘‘Other ports” cover Ceylon,
Tuticorin, Kurrachee and Coconada.
Shipments for the iceck.
Great
Britain.
Conti¬
nent.
Total.
Shipments since January 1.
Great
Britain.
1,000
3,C00
Continent.
Total.
500
2,000
1*87
1886
All others—
1887......
1886
Total all1887
1886
99,000
57,000
119,000
36,000
218,000
4,000
4,000
17,000
4,000
3,000
4,000
9,000
500
20,000
9,500
2,000
2,000
2,0c 0
4,000
as the weeks in different years do not end on the same day of
the month. We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement
for
the years named.
The movement since
September 1, 1880, and in previous years, has been as follows.
Year
93,0.0
Beginning September 1.
Monthly
Receipts.
1886.
1885.
1884
1883.
Sept’mb’r
359,203
385,642
345,445
343,812
1882.
1881. '
326,656
930,584
429.777
1,094,697
974,043
Decemb’r 1,161,986 1,069,920 1,104.211 1,059,653 1,112,536
996,807
October.. 1,034,450 1,055,'>24 1,090,385 1,046,092
Novemb’i 1,169,979 1,083,552 1,122,164 1,030,380
January
.
March
...
June
July
644,631
404,272
258,332
89,186
47,426
17,648
11,834
513,393
475,757
414,656
283,645
202,S66
133,117
261,449
84,715
45,917
163,503
103,375
35,575
11,855
10,194
487,729
385,939
241,514
752,827
595,59-
111,755
284,519
45,918
31,682
19,501
185,523
78,504
42,299
482,772
853,195
487,727
291,992
257,099
147,595
113,573
63,679
36,899
5,204,947 5,303,007 4,723,913 4,803,977 5,936,515 4,657,377
Perc’tage of tot. port
98*45
99 04
9832
98*91
98*60
receipts July. 31
Total
■
2,000
34,000
22,000
19,000
53,000
36,000
14,000
..
This statement shows that up to
7,000
6.500
3,000
4,000
10,000
10,500
The above tot&is for the week
-Ute ports other than
Comparative Port Receipts and Daily Crop Movement*
—A comparison of the port movement by weeks is not accurate *
April....
May
4,000
2, ,"00
Madras —
63.4@6f°r 1; 4 lbs., 634@7c. for 2 lbs. andfo/standard grades.
Butts are quiet, but prices are very firm and
pa per grades are held at
and 2}q@2}£c are bagging
quotations.
February.
CalCUtta1887
1886
Jute Butts, Bagging, &c.—The market for bagging has
been rather quiet and only small orders are coming to ban d.
Prices are about steady and we quote 5;5^r<i)57^c. for 1% lbs.,
150.000
88,000
141,000
50,500
291,000
133,500
snow that the movement from
Bombay is 500 bales less than the
same
ports this year were 98,080
July 31 the receipts at th
bales less than in 1885-86 and
481,034 bales more than at the same time in 1884-85.
By
adding to the totals to July 31 the daily receipts since that
time we shall be able to reach an exact
moYement for the different years.
comparison of the
1884-85.
1885-86.
1886-87.
1882-81.
1882-83.
1883-84.
5,190,063 5,257,060 4,716,103 4,734,473 5,894,216 4.620,487
8.
104
2,405
1,945
379
1,246
July 1
8.
«
193
214
3,185
2....
68
2,397
«
1,733
6S5
260
8.
2,287
3....
1,811
M
1,236
69
8.
1,124
135
1,719
4....
«
5....
163
2,519
«
6....
189
2.449
606
464
2,949
1,626
1,395
241
8.
8.
97
•
2,353
1,168
“
7....
396
1,500
1,006
255
«
8....
438
354
«
9....
2,810
1,003
3,977
74
1,824
1,238
838
1,262
903
i,oro
2,601
184
1,993
816
1,006
309
1,678
3,24S
1,349
863
“
10...
11....
«
12...
“
S.
s:
643
1,111
677
13....
8.
1,265
998
8.
8.
316
«
14....
63
558
324
675
«
15....
1,098
1,460
1,721
142
161
4,091
6G
299
1,921
1,452
940
178
860
«
16....
“
i7.:..
8.
«
18....
670
*•
19....
687
8.
790
534
8.
1,324
«
26....
191
"
27....
61
581
8.
262
287
53
517
929
187
264
1,087
1,393
1,365
1,620
1,143
897
498
“
28....
138
“
29....
271
888
“
30....
268
2,185
1' 5
306
807
“
31....
4.335
1,505
152
1,213
421
18C
359
538
1,740
1,652
S.
471
^
832
2,238
1,005
8.
165
sail
•
516
B16
B16
516
Bia
c
sail
Do
•
•
•
•
U32
c.
....
sail....e.
Do
8.
20.
479
“
3....
162
465
112
4...
333
559
150
“
“
268
5...
8.
734
465
2,927
533
1 2 it
2,014
338
711
8.
76
27
815
5,266,171? Di%J0Oj355 4,724,280 4,806,274 5,941,850 1,661,735
Percentage of total
98*76
9870
98*92
98-49
port rec’pts Aug. 5.
Total
99‘10*
receipts since Sept. 1 up to
to-night are now 99,177 bales less than they were to the same
day of the month in 1886 and 481,898 bales more than they were
to the same day of the month in 1885.
We add to the table
the percentages of total port receiots which had oeen received
to Aug. 5 in each of the years named.
The Following are the Gross Receipts op Cotton at
New York, Boston, Philadelphia and Baltimore for the past
week, and since September 1, 1886.
This statement shows that the
from—
This
Since
week.
Sept. 1.
2,6151
070
ffATR*!
PHILADELPH’A
Boston.
New York.
!
Since
This
week.
Sept. 1.
week.
Sept. 1.
6,000
182.814
40,72(5
10,361
Mobile
Florida
Bo. Carolina
fin.Carolina
Reval, steam
Baltimore.
This
Since
week.
Sept. 1.
20,019
17
57,777
17,857
5‘
d.
sail
*
00*5
2,807
90,802
Tenn.,Ac....
59,35 i
225,522
105,271
2,212
43,740
60
91,801
......
26
64,373
53,355
21
This year.
1,255.683
3.13 7 1,332,020
Last year..
2,807
473,253
3,329
460.05 41
2.341
2.334
127,880
00
221,026
130,754
3,3*8
246,384
of cotton from the United
past week, as per latest mail returns, nave reached
18,257 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
the Chronicle last Friday.
With regard to New York we
include the manifests of all vessels cleared up to Thursday.
Total bales.
To Antwerp, per steamer Waesland, 75
To Stettin, per steamer Slavonia, 300
To Barcelona, per steamer Aiesin, 48 L
To Gcuoa, per steamer Trinacria, 500
To Naples, per steamer Trinacria, 800
,
New Orleans—To Liverpool, per steamers Californian,
Puerto Riqueno. 1,818
Statesman, 1,691
To Bremen, per ship Henry, 2,5 17
Boston—To Liverpool, per steamer Norseman, 506
To St. John, N. B., per steamer New York, 41
1,850
8ales of the week
bales
Of which exporters took ...
Of which speculators took ..
Sales American
Actual export
Forwarded
Total stock—Estimated
Of which American -Estim’d
Total import of the week
Of which American
Amouut afloat
Of which American
The tone of the
7,401
87
ICO
75
300
4 81
500
800
)
Market,
375
....
....
70,000
2,000
42,000
5,000
7,000
59,000
10,000
5,0<'i,
704,i i00
438,000
20,000
9,000
88,000
9,000
677,000
405,000
32,000
17,000
25,000
765,000
496,000
47.000
12,000
91,000
9,000
44 000
50,000
5,c00
1,000
2,000
41,000
3 4.000
5.000
1,000
-
Aug. 5.
5,000
7,000
638.000
376,000
14,000
8,000
91,000
34,000
9.000
-
98,000
daily closing prices
Wednes.
Thursd’y.
Friday.
Pressed
for sale.
Firm.
Moderate
demand.
•
Steady.
•
•
in
Mid. Sales..
W
Spec. & exp.
O
V—*
»—»
Futures.
so
P
Market,
?
12:30 r.M.
j
\
J
4 1*. M.
5 ha
5 ha
5hi
5hj
5i*
5hj
0
10,000
10,000
1,000
1,000
12,000
1,000
Steady at
Easy at
2-04 ad¬
vance.
2-04 de¬
cline.
Firm at
2 04 <6 3-04
advance.
Quiet.
Steady.
Steady.
5 **
fti*
10.000
1,000
«
•
t
are on the basis
otherwise stated.
and
Si.
Kaplcs. John.
41
Total.
9.804
7,906
547
41
18,257
1,300
481 1,800
Very
steady.
of Uplands, Low Middling clause, unless
Rp* The prices are given in pence and 64/As, thus:
5 63-64d., and 6 01 means 6 1-G1 d.
Sat., July 30.
Mon., A11 ar
1.
5 63 meant
Tues., Auer. 2.
Open High Low. Clos.
August
Aug.-Sept..
w
w
c
0
Si
p
p
Oct.-Nov...
KA
d.
d.
d.
5 28
5 23
5 28
d.
528
5 27
5 27
5 27
5 27
5 27
5 27
5 27
5 27
510
5 10
5 15
515
5 08
5 08
5 08
5 08
Nov.-Dee...
5 06
5 00
501
5 05
Dec.-.7an
...
5 05
5 00
5 05
506
Jan.-Feb
...
5 05
5 00
5 05
5 06
501
5 00
5 00
5 00
Feb .-March
Wednes., Anar. 3.
Open High Low. Clos.
41
Genoa
8teady.
•
The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
506
2,547
2,647
July 29.
51,000
4,000
Mid. Orl’ns.
Thurs., Aug
!
1
jOprn; High
.
1.
Low. Clos.
Fii„ Aug. 5.
Open High Low. Clos.
d.
d.
d.
d.
d.
d.
j
d.
d.
5 23
5 22
5 23
j 5 a*27
d.
August .... 522
Aug.-Sept.. 5 21
5 26
5 27
5 23
5 27
j
5 27
5 27
527
522
5 21
5 22
5 26
5 27
5 26
5 27
5 20
5 26
5 23
525
5 21
5 22
5 21
5 22
5 20
5 27
5 20
5 27
5 20
5 20
0
25
5 25
8ept.-Oct... 510
5 11
5 10
5 11
5 15
5 15
5 15
515
5 15
5 15
5 14
514
Oct.-Nov... 5 04
504
5 Cl
504
5 08
5 09
508
5 09
5 08
5 08
5 08
508
Nov.-Dee... 5 02
Dec.-Jan— 5 01
5 02
5 02
5 02
SCO
5 07
5 00
5 07
5 00
500
5 00
5 00
5 02
5 01
5 02
506
506
500
5 00
5 00
5 00
5 05
505
5 01
5 02
5 01
5 02
506
5 00
506
500
500
5 00
5 05
5 05
Feb.-March 5 01
5 02
5 01
5 09
5 07
5 07
5 07
5 07
5 00
500
5 06
sots
d.
September.
BX'Y Liverand
and Barccpoll. Havre. Hamb. Stilt in. Iona.
New York.
7,461
481
87
100
375
87
....
....
....
July 22.
•
r.M.J
5,359
form, are as follows: '
Total... 13,326
5ia
m
Liverpool market for spots and futures each
•
September.
Sapt.-Oct...
18,257
5,359
506
m m
Liverpool we have the following
stocks, &c,, at that port, "We
Saturday Monday. Tuesday.
Spot.
r
N. Orleans.
Boston
....
day of the week ending Aug. 5 and the
of spot cotton, have been as follows :
2,547
Total
,
....
....
....
....
\
New York—To Liverpool, por steimors Adriatic, 1,152—Ari¬
zona, 786
Aurania, 1.702
Ohio,
Devonia, 557
1,457
The Queen, 1,747
To Havre, per steamer L i Champagne, 87
To Hamburg, per steamer Australia, 100
.*
m
....
....
July 15.
Shipping News.—The exports
B) rm. Antw'p
...
Blfl
statement of the week’s sales,
idd previous weeks for comparison.
States the
I
•
....
516
516
....
....
prices
4,141
Foreign
....
Per 100 lbs.
Market,
7,922
7,015
148,812
....
P*
21,571
81
Virginia....
North’n p’ta
....
“32
Barcelona, steamcZ. 3ia®13MSi6«l3fl4 8l6«>13fi4 316‘® l3<4 316® l3fc4 3ie®l3a4
632®316 532®3ie B32®316 B32®3lft
Genoa, steam....rf. 532®316 532
1&64
1B04
1564
1B64
1504
:5S4
Trieste, steam...d.
764
764
704
7G4
764
7fi4
Antwerp, steam.d.
.......
-
....
“32
Upl’ds
This
Since
346,296
333,094
1,859
7,750
111,812
....
n32
....
....
12:30
Receipts
....
“32
Liverpool.—By cable from
8.
575
93
2...
....
Bia
....
....
....
Tot.J’y 31 5,204,947 5,303,007 4,723,913 4,803,977 5,936,515 4,657,377
635
535
78
26<
8.
1,790
Aug. 1
“
•••
US2
B10
5ia
Hamburg, steam, c.
Do
8.
1 330
1,425
1,353
1,061
8.
2,250
513
8.
Do
B32
....
Bremen, steam..c.
8.
2,157
2,148
S.
Havre, steam ...c.
B32
32
....
....
838
271
24....
sail...d.
Do
6
....
d. !l(4^3i6 llfi4@3l6 He4®3l6 llt4®Si6 ll64®316 1,64®3l«
419
278
25....
B32
FrL
3,901
1,554
«•
532
Thurs.
1,023
25
„
632
Liverpool,'steam d.
Wednes.
Amst’d’m, steam c. 30®35* 30®35* 302)35* 30®35* 30®35* 30®35*
Do via Leitli d.
340
“
201
Tues.
935
21....
113
5,334
Mon.
1,849
20....
593
685
Satur.
1,229
“
23....
5S6
1,746
1,483
8.
22....
freights the past week have been as follows :
Cotton
188
**
«
Below we give all news received to date of disasters to ves¬
sels carrying cotton from United States ports, &c.:
Sapphire, steamer (Br.)—During the week ending Julv 17 but 30 bales
of cotton were recovered from steamer Sapphire, wrecked at
Texel. On two days only were diving operations possible.
8.
8.
2,138
260
8.
we add the clearances this week of vessels carrying
from United States ports, bringing our data down to
the latest dates:
New Orleans—For Liverpool—July SO—Steamer West Indian, 2,229
Ally. 1—Steamers Actor, 1,937
Inventor, 2,441.
Below
cotton
Tot Jn.30
“
185
THE CHRONICLE,
6, 1887.1
August
J an -Feb...
d.
THE CHRONICLE.
186
The
comparative shipments of flour and grain from the same
ports from Jan. 1 to July 30, 1887, inclusive, for four yeara
BREADSTUFFS.
Friday, P. M., August 5,1887.
show
irregularity in the flour market. The prod¬
uct of new wheat is dull and lower, but fresh ground from
old wheat is wanted, and is held with much firmness. To day
the market was very dull, and prices were drooping and un¬
There is
some
1887.
5,995,123
6,810,935
6,160,230
Wheat..— .bush.
Corn....
Oats
46,245,636
28,977,481
58,452,417
28,115,518
493,959
28,060.743
48,649,568
26,517,812
4,449,695
901,353
25,218,876
36,852,525
1,056,124
52,763,362
23,898,577
2,745,564
3,308,825
114,018,524
108,579,176
115,503,450
116,693,809
Total grain
*
prices there were maintained far above the parity of
Other markets. A telegram published this morning indicates
that the affair will be settled without serious financial compli¬
cations.
To-day the market was again lower, with more
doing at the decline, No. 2 red winter being freely taken for
export at 79J4@80c.
83
843s
85%
8o%
90%
91%
January. 1888. delivery..
May, 1888, delivery
June, 1888, delivery
Indian
corn
85
84%
83
84%
86%
80%
91%
91
85%
90%
9o%
....
....
....
Flour,.—
....
....
weeks
spaciiUtioa at the West, bisei on fresh reports of damage
growing crop by drought, but has since been dull and
drooping, with business for export very small.
To-day
reports of ram at the West* caused a decline in futures, but
there was a fair export business, No. 2 mixed by canal selling at
4734c* afloat.
August delivery
September delivery
October delivery
47%
48%
49%
50%
47%
48%
November delivery
December delivery
Oats advanced
45 %
47%
48%
a
49
fraction
on
Wed.
46%
227.845
209,523
411,433
162,810
16 2,648
328,899
422,251
9,969
7,134
714.5 86
13,565
16,633
355.321
402.880
7,629
17,166
4,658
992,515
1,170,597
Wheal,
bush.
47%
49%
49
48%
50
49%
49%
50%
50
49%
Thurs.
-
the seaboard ports for the
Corn,
Oats,
Barley,
bush.
bush.
bush.
bush.
524,600
97,253
18,000
14,394
8.729
16,297
6,744
13,184
Total week... 285,644 3/219.423
Our. week ’86.. 220,847 1,937,436
8 58,532
1,063,523
741,773
329,782
mmm
Ryt,
bush.
2/200
668,-150
119.433
m
90,634
49,337
Wheat,
.....
.
18,755
36,300
116,621 1,016,454
193,350
49,199
501,604
10,6d6
Montreal
.874,726
Philadelphia... 10.792
756,435
69,889
Baltimore
14,777
Richmond
6,400
162.077
16,0a 7
Slew Orleans...
«
15,134
28,909
27,836
July 30, 1387, follow:
bbls.
.
Rye’
bush.
bush.
5,393.740 4.195.160
425
400
66,557
31,085
14,7* >9
438
40
60
400
600
3,103
14,652
for the period from Jan.
The total receipts at the same ports
Fix.
Barley,
Oats,
busk.
7.708,633 2,692.012
The receipts of flour and grain at
ciOflt/OIl
dull and weak.
Corn,
bush.
40,954
New York
46
1,135,277
3,306
shipments from same ports for last four
Flour,
47%
Wed.
278,635
.
Al—
DAILY CLOSING PRICE8 OF NO. 2 OATS.
Tues.
bash.
Any. 2.
Tot., 4 w. 1,190,584 10,597,469
4w’ks’86. 800,685 5,655,962
,
Tuesday, in sympathy with
Mon.
107.066
9,9t>9
4,854
13,705
12,4*26
week ended
To-day futures were easier and spots dull.
Sat.
54.674
Aug. 1.
July3-»/87 300.968 2,646,077 1,052.942 1.294,525
July 23/87 320.147 3,3^7,485
790,001 1,240,674
July 16/87 316,e8l 2,477,528 1,230,845
855,977
July 9/87 258,783 2,116,379 2,319,952
803,984
Fri.
Thurs.
46%
48
the movement in corn, but have latterly been
92,882
'
2 MIXED CORN.
Tues.
July 31.
Flour,
bbls.
ending—
to the
Mon.
July 30
119,395
were:
Weelc
90
\ 884.
Week
1885.
Week
1886.
Week
hblfl.
....
The rail and lake
82%
83%
84%
89%
to a
Sat.
45
46%
1887.
Week
Total/...
advanceds martly on Monday and Tuesday,owing
DAILY CLOSING PRICES OF NO.
shipments from Western lake and rive
Barley
Rye
8(J%
91
....
the rail
are
.........
FVi.
2.660,515
one week extra.
Wheat
Com
Oats
73%
79%
85%
....
ports for four years:
DAILY CLOSING PRICES OF NO.
November delivery
December delivery
Include
Below
which
78%
80%
81%
26,974,820
3,451,584
Barley
Rye
which prices had declined. The chief event of the week is
the termination of the great wheat deal at San Francisco, by
August delivery
September delivery
*1884.
*1885.
7,571,233
Cable advices were discouraging, and the buying interest
showed no strength, notwithstanding the very low figures to
October delivery
*1886.
bble.
.........
'■
The wheat market has been dull and weak since our last.
2 RED WINTER WHEAT.
Mon.
Tues.
Thar 8.
Wed.
79
79
79%
79%
80 %
80%
80%
80%
82%
81%
81%
82%
follows;
as
Flour
settled.
Sat.
[Vol. XLV,
July 30, 1887, compare as follows for four years:
31%
311%
t to
32%
Flour..... ..bbla.
8,144,135
7,041,482
8,181,355
7,2*4.3,'480
Rye is dull and nominal. Burley is yet without quotation.
Barley malt continues to have a good sale at full prices.
The following are the closing quotations :—
Wheat
bush.
Com...
—.
Oats......... ..r .
50.069,105
30.460,141
23.144,423
54.043,176
2o,306,397
2,395.338
o6,4 13.534
20.956 821
21.623.937
28,1 ?4,690
31,461.952
17,041,869
2,41*2,344
30%
307s
307e
August delivery
September delivery
30%
31%
31%
October delivery
November uelivery
3134
3158
3*2%
....
31%
31%
31%
ol'a
....
....
1887.
32
32
32
Barley
Rye
FLOUR,
90
bbl. $2 20»$2
Fine...
Superfine.... ....
Spring wheat extras.
Minn riear and stra’t.
Winter.•ibipp’g extras.
Winter XX A XXX..
Patents
Southern supers......
2 60®
3 (JO®
3 40®
3 05 a
3 40®
4 •JO®
3 10®
3 20
3 30
4 40
3 35
4 40
41;70
3 3o
S mth’n com. extras..$3
Sjutfiern bakers’ano
family br ds..$ bbl
Rye flour, superfine..
35®$3 60
2 35
Spring,per bush.
Spring No. 2
Red winter, No. 2
Red winter
White...
—
Com—West, mixed
West. mix. No. 2.
74
t»
82
76
45
®
®
82
40 %®
49
West, white
West,
86
yellow.....
WJiite Southern..
Yellow Southern.
48
50
43
®
®
®
©
79
79%
48
47 %
51
50
53
50
State & Pa., $ bush.
Oats—Mixed
White
No. 2 mixed
No. 2 white...
®
®
©
®
®
Two-rowed State
Six-rowed State
%
•
•
•
prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at Western
lake and river ports, arranged so as to present the compara¬
tive movement for the week ending July 31), 1887, and since
July 24, for each of the last three years:
I
Chicago
Milwaukee...
Toledo
Cleveland
...
SL Louis.
.
Flour.
Wheat.
119,551
374,702
853,912
47,817
137.075
3,840
4,589
010.980
1,656
4,2*28
4 c 0,042
5.286
5,892
90,500
385,200
Same wk/86.
Same wk/85.
Since, July 24
188*4-7..
164,227
3,3*55.3*20
4.005,814
93,795
11,11*0,616
8,710.770
1885-0..
1884—V
.
9.7 81.827
;
10,608
161,300
24 .',700
l
500
73.307
1,710
,
1,200
4,800
Rye.
Peas.
Bush.
Bush.
Bush.
Bush.
Bbls.
63.754
59,722
404.965
5 10,706
35,738
32,9-0
1,842
2,487
37,575
86,468
910
N. News..
617/231
2,0o0
1u,0j0
34,285
22,756
193,473
1,400
240
450,839
195.362
39,417
814,046
ISO/229
61,821,
-
Tot. w’k 2,620,471
8 me time
1886.
1,444,319
..
3.481
13,750
88,955
r
84,583
The destination of the exports is as below.
We add the
corresponding period of last year for comparison.
Wheat.
Flour.
2.3001
1,429.001
Tot. wk. ’87.
BushASlbs] Biuh.5ft
Oats.
185,943
Rye.
18,9981
5 503
63.000
j
23,387
7.080
25,053
251,213
Barley,
1,348,003.
91,850
31,701)
30,923
39,429
384,555
1,165
Duluth
Oats.
BblalMlh* Bush AO lb* Bush. 56 lb* Bush.32 lbs
34,794
Peoria
Corn.
Flour.
-
statements below,
at-j
82,167,227
Corn.
1,00-,4 53
77,116
Montreal.
Pnuadei.
Baitim’r*
N Orl’ns.
Norfolk..
«
....
The movement of breadstufts to market is indicated in the
Receipts
X4W York
B #ston.
..
36%
81
72
®1 00
a
66
Malt—State, 0-ro.ved. 77
State, 2-rowed
67
Canada
85
Peas—Canada
65
Wheat.
Hush.
39
-i*2
105,045,365
-
H4
30 ®
®
34
31 %®
35%®
Barley—Canada
from
57
®
54
101,971,161 100/208,857
3,126,3/2
Include one week extra.
Exports
Rye—
74 fb
®
78
78% ft
2,308.961
652,962
exports from the several seaboard ports for the week
anding July 30, 1887, are shown in the annexed statement:
GRAIN.
Wheat-
*
319,523
The
2 40® 2 70
2 70® 2 75
Western, &o
Brandywine
—
Total grain....
3 65® 4 40
2 75® 2 9J
2 20®
Fine
Cjrn meal—
18,661,403
2,215,465
565,047
*1834.
*1885.
*1886.
Exports
for week
to—
1887.
Week.
July 30.
Bbls.
Cn.King.
Coutiu’nt
3. AC. Aiu
W. Indies
8rit. col’s
tfth.c’n’ts
2,317,751
1,454,532
1,124,090
27,798
00,620
54,629
13,937
03,7r>3
1,379,572
1,128,380
1,477,410
1,011,736
95.409,703
82,810,113
2,132,042
j1103.118,032
08,100,170
09,004,540
02,953,280
21,410.445
03.040,107
102,052,621
20,321,852
3,023,243
have the
62.441.328
10.715.3*26
4.718,538
season:
Total...
126,158
20,84j
1886.
Week,
July 31.
Bbls.
799
50
July 31.
July 30.
Bush.
Bush.
2,*03 1,133,457
26,300
21,678
5,746
195,362
Week,
123,647 1.486.764
17,368
14,787
15,405
1886.
Week.
1887.
.
689,170
755,149
250
'
180,229 2,620,471 1,444,319
Corn.
1887.
Week,
July 30.
Bush.
225,942
199,213
9,*138
15,569
1886.
Week,
July 31.
Bush
453.077
283.197
37,740
40,032
1,057
450,839
814,046
30,840
By adding this week’s movement to our previous totals we
following statement of exports this season and last
August
THE
6, 1887. J
Flour.
JUXyOiTo
tu
~
CHRONICLE
Corn
Wheat.
were
Sept. 1/S6, Sept.4,’85, Sept. 1, ’86, Sept. 1, ’85, Sept. 1. ’86. Sept. 1/85.
to July
to July
to July
to July
to July
to July
SO, 1887.
31, 1886
30, 188?.
31,1886.
31, 1886.
30, 1887.
in
187
lightdemand and
trifle easier, on ihe basis of 8 5-16
a
less 1 per cent, for 64x64s, and 3c., less 1 per cent, for 56x60s.
Shocks last Saturd\y and for the three previous years were as
follows:
Bush.
Bush.
19.518,290
14,700.409
10,813
23,328,225
10,123,133
5,194
514,031
36,074.260
17,348,117
1,154,353
347,320
13
35.399
144,746
64,080
58,582
78,959
71,925
78,415,920
34,304,811
34,774,504
57,074 940
Prints continued in fair demand, and there was a good
The visible supply of grain, comprising the stocks m grana y
steady movement in ginghams, cotton dres3 goods and cotton
hosiery, as the result of new business and in execution of back
Bbl*.
Bbl*.
Un.Klnjardom
Continent...
8. AC. Am...
West Indies.
Brit.Col’nies
Oth. countr’e
Total
Bush,
0,162.802
500,152
982,755
750.075
4X0.750
30, • 81
4,499,408
42,076,060
185,oie
786,574
818,599
523,461
35,544.370
47,607
3,(81
31,*27
8,934,024
6,8*3,985
Bush.
715,134
at the
principal points of accumulation at lake and seaboai d
ports, and in transit by water, July 30, 1887 :
Wheat,
In ttore at—
New York
Do afloat......
bush.
3.150.161
Com,
Oats,
Rye,
bush.
bush.
1,704,440
383,370
bush.
3 4,721
12.000
8,000
Barley
bush
July 30,
July 31,
1887.
Held by Providence manuf’rs. 178,000
Fall River manufacturers... 136,000
Providence speculators
72,000
Outside speculators (eat)
80,000
1886.
68,000
Stock of Print Cloths—
Total stock (pieces)
1885.
34,000
101,000
418,000
306,000
320,000
398,000
599,000
25,000
300,000
200,000
310,000
228.0001,344,000 1,507.000
orders.
,
6,850
466,000
A ug. 2,
1884.
Aug. 1,
Domestic Woolen Goods.—The situation in the market for
men’s-wear
woolens has not essentially changed.
Light
weight
cheviots
and
with
worsteds
have
met
more attention
3 567
23,8 J8
30,926
1,522,113
219,701
from clothiers, and cheviot suitings were fairly active in some
Do afloat......
Chicago
8,665,350 2,033,784
54,136
13,230
534,651
quarters, but prices are low and not very remunerative to
Do
afloat..—
Milwaukee
16*404
**3*79
19*599 manufacturers.
‘*973
1.109,423
For heavy clothing woolens there was a
Dolnth
2,163,2b 6
moderate
re-order
demand by the wholesale clothing trade,
Toledo
26*256
31*1*16
33*201
883,684
Detroit
367
430,111
1,583
27,849
and sUes, coupled with deliveries on account of back orders,
1,000
45,000
36,000
40,000
Oswego
Bt. Louis
3,064 ,S 56 1,433.249
235,199
16,854
1,828 reached a fair aggregate amount. Cloakings other than a few
Do afloat..
32,000
160,000
specialties were in light demand, and there was a fair business
Cincinnati
33.000
30,000
3,000
8,000
20,000
Satinets, Ken¬
Boston
3
63
142,662
61,857
1,669 in Jersey cloths and stockinets at firm prices.
115,482
Toronto
22.668
120,936
4,249
28,868 tucky jeans and doeskins were distributed in fair quantities,
Montreal
616,610
8,323
150,689
11,119
5,544 and values are steady and unchanged.
All-wool and worsted
807,760
13.821
Philadelphia.....
60,791
dress
goods
were
active
in
movement
and demand, and
fairly
Peoria
3*1*077
270,055
174,548
8,500
2,692
145,000
17,000
19,475
Indianapolis.....
leading fall makes are well sold up and therefore firm. Flan¬
1,200
Kansas City.
144,825
181
128,853
24,416
nels and blankets were in moderate request, and there was a
Baltimore
1,247,813
160,368
fair business in carpets, shawls, skirts, wool hosiery, heavy
3,577,522
Minneapolis...
shirts and drawers and fancy knit woolens.
Bt. Paul
150,000
On Mississippi...
73.600
262,200
11,800
Foreign Dry Goods.—There was a steady movement in
On lakes
629.493
1,877,336
45,221
some descriptions of
foreign goods in execution of back
On canal & river
2,632,000
139,900
481,400
orders, and new business was rather more active, in spite of
Tot. July 30,'87. 33,132,228
128,214 somewhat unfavorable weather conditions in the fore part of
7,542,466 2,081,080
268,453
Tot. July 23.’87 32,021,051 7,879,209 1,971,667
236.392
128,230
the week.
Dress goods, silks, velvets and plushes were more
Tot. July 31/86
226,993
34,656,964 9/241,159 1,754,774
371,536
Tot. Aug. 1/851 38,407.918
5,758.304 2,147,093
106.482
197,408
sought after by jobbers and retailers, and there was a satis¬
Tot. Aug. 2/841 15,075,971
4,356,038 1,771,603
210,006 factory trade in ribbons.
183,997
Men’s-wear worsteds and light¬
good demand for future de¬
weight
cheviots
were
in
pretty
t Minneapolis and St. Paul not included.
livery, but prices of the latter are slightly in buyers’ favor,
because of the keen competition of domestic cheviots.
Linen
THE DRY GOODS TRADE.
goods, laces, embroideries and white goods were taken in rela¬
New York, Friday, P. M., Aug. 5, 1887.
tively small parcels to a fair aggregate amount, and there
There was an undercurrent of activity in the jobbing was a fair business in British, German and French hosiery
and fabric gloves.
Staple imported fabrics are generally firm
branches of the trade the past week, a good many retailers
in price in this market, and values are steadily maintained at
from Texas and other remote sections of the country having the sources of
supply abroad.
appeared in the market, while very fair orders for fall goods
Importations of Dry Goods.
were received by leading jobbers through the medium of
The importations of dry goods at this port for the week
their traveling salesmen.
At first hands the demand by ending Aug. 4,1887, and since Jan. 1, and the same facts for
buyers on the spot was only moderate, but a good many the corresponding periods are as follows:
re-ordera from interior markets were reported by the cotton
0
goods commission houses, and there was a somewhat freer
SB SctO
Pi
ESr’Si.SSB
O
C": p-s?
inquiry for men’s-wear woolens and imported fabrics by s°
§*:££§
O
SB
P
•i SP• Q
I
It si
wholesale buyers. Accounts from distributing points in the
®
: :
o •
©i
s
5
<iU
§i• i;
West and South are generally favorable—the fall trade hiving
0;
: ! ®
S
e;
: 2
g;
OB
®
o
: •
: : o
;
already opened under very encouraging auspices—and dealers
•
/
1
*d.
in the Middle and Eastern States anticipate a satisfactory
rt-!
! !
307,600
500
Albany
Buffalo—’
.
49.400
20,300
.42.600
?
.
.
I fL fagg*!
fsgg^f
rt
A
<—•
-
m
.
•
•
§
•
«*■
I
•
CD 1
•
•
•
•
•
•
•
•
•
1
1
•
•
l
business
autumn
soon
as
as
the weather becomes
more
temperate, and there have been indications in this direction
the past few days. The movement on account of former
transactions was fairly active throughout the week, large
quantities of domestic cotton and woolen goods, and certain
foreign fabrics, having* been shipped in this connection by
manufacturers’ agents and importers. The tone of the market
continues firm, and stocks of plain and patterned cotton goods
in particular are remarkably light in the hands of commission
merchants and at the mills.
Domestic Cotton
Goods,—The exports
of
cotton goods
for the week ending Aug. 2 were 6,307 pack¬
ages, valued, at $373,787.
These shipments include 3,146 to
China, 1,829 to South America, 401 to Mexico, 335 to the
East Indies,203 to the West Indies, 183 to Europe, 175 to
from this pore
Central
America
the 1st of
and
35
to
all
other
countries.
Since
January ths exports aggregate 119,671 packages,
valued at $7,072,777.
Of this total China has had 63,226
packages, valued at $2,993,593 ; and 23,766 packages, valued
at $1,706,917, have gone to South America.
For the similar
period of 1886 the exports to all ports reached 136,548 pack¬
ages and in 1885 were 110,858 packages.
There was a good,
steady movement in plain and colored cottons, cotton flan¬
nels, etc., on account of back orders, and new business was of
fair proportions, though by no means active. Stocks of
manufactured cottons are 4 exceptionally small, and prices
remain firm all along the line, print cloths alone having
weakened slightly towards the end of the week. Print cloths
<4
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9,452 7,620 1,832
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CHRONICLE.
THE
188
^
$I8,693,4«5
82
400,000
273,213
1,495,691
90.954
August, 1, 1887:
Specie....
■^egal tender notes
3LR. ctfs. of deposit for
600.000
14,389
24,301
14,401.212
15.000
108
89
93
68
00
50
86
76
00
84
$3,200,000 00
640.000 00
524,059 09
■ilhpitalstock paid in
.farplus fund
Undivided profits
Ifaftional bank notes outstanding
Bhridends unpaid
IMjridual deposits subject to check..
Demand certificates of deposit
datitter’s checks outstanding
3>ne to other national banks
360,000 00
28,429 79
26,957,254 82
76,308 88
66.119 42
9,429,107 95
785,766 88
2>»»toState banks and bankers
$42,067,046 83
Jtateof New York, County of New York, sa :
I, Henry BucKHOlTT.Cashier of the above-named
*wrk, do solemnly swear that the above statement
istrue, to the best of mv knowledge and belief.
Total
HENRY BUCKIIOUT. Cashier.
Subscribed and sworn to before me, this . d day
of August, 1887.
5-wrect—Attest:
CIIAS.
it. G. Fanning,
Notary Public.
S. SMITH,)
R. T. WILSON,
O. D. BALDWIN.
> Directors.
)
of the NATIONAL
condition I1ANK
Report
of the
CONTINENTAL
of
mew York, at. the
af August, 1887:
close of business on the 1st day
$4,378,639 97
3pecie
iegal-tender notes
3edemption fund with U. S. Treasur¬
er (5 per cent of circulation)
702,722 35
575,607 00
15
50,000
55,500
139.955
25
00
00
41
289,753 10
52
00
00
49
75
34
5,396,333 46
25,491
385,000
200,000
8,446
14,668
13,352
4,700 00
185 48
2,250 00
$127242.621-13
Total
LIABILITIES.
$1,000,000 00
Jhpital stock paid in
200,000
105,439
45,<K)0
9,093
Surplus fund
Undivided profits
/rational bank notes outstanding
IliaLdends unpaid
[deposits:
Individuals
$2,495,751
National banks
2.324,570
State banks & bankers..
6.6,993
Certificates of deposit...
13,152
Acceptances
Cashier’s checks
Total
3tate of New York,
00
57
00
72
26
57
73
77—5,440,468 33
5,442,342 32
277 19
$12,242,021 13
County of New York,
ss:
1, Alfred H. Timpsox, Cashier of the abovenamed bank, do solemnly swear that tlie above
statement is true, to the best of mv knowledge and
ALFRED H. TIMPSON, Cashier.
jehef.
Subscribed and sworn to before me this 5th day
\f August. 1887.
Edwin f. Corey,
Notary Public. New York Co.
Correct—Attest:
CHARLES
CHARLES H.
U MARSHALL,)
F
FREDERIC
TAYLOR.
> Directors.
EDMUND
EDMUND D. RANDOLPH,
00
00
50
34
471,873 9L
Exchanges for cl’ing house
Bills of other banks
Fractional paper currency,
nickels and cents
1,108,401 42
19,951 07
42,750 00
Specie
Legal tender-notes
2,089,264 39
419,414 00
1,000 00-3,287,767 39
redemption fund
$10,992,176 33
Total
400,000 00
98.88.4 53
Deposits
1,416 00
—
$2,860,906
4,042,076
1,517,1-0
11,947
149,734
Individuals.
National banks
State banks and bank’rs.
Demand certs, of dep’sit
Certified checks
RESOURCES.
Loans and discounts (see schedule)
$16,620,407
Overdrafts
7,812
U S. bonds to secure circulation (par
361.440 13
2,427,911 50
Due from other national banks
Due from State and private banks and
bankers (see schedule)
Real estate
.s
Current expenses and taxes paid
Checks& oth’r cash items(seeschedulei
,
256,785 25
So7,353 34
41.503 84
349.252 56
,
5,183,266 10
Exchanges for Clearing House
Bills of other banks
Specie
61,105 00
Legal-tender notes
Due from U. S. Treasurer, other than
5 per cent redemption fund
$3,993,627 11
3i>0 00
590.000 00
519,750 00
152,430 38
6.304 34
501,850 75
26,615 ()6
92 31
3,838,772
15,"00
54
1,240,710
207,128
22
00
49
00
00
26,550 00
Undivided profits
Dividends unpaid
Individual deposits subject to check...
Demand certificates of deposit
Certified check*
Due to other national banks
Due to State & private banks &b’nkers
264,494
15,682
13,029,022
39,808
2,474,274
<%pu«I stock paid in
1,000,000 06
Undivided profits
234,517 97
523,6.90 00
705 00
AJiMonai bank notes outstanding
Dividends unpaid
Individual deposits subject to check..
Demand certificates of deposit
3,606.258 93
4,943 50
3,004.362 35
Accepted drafts
Cashier's cheeks outstanding
201.751 96
Due to other National banks
Dae to State banks and bankers
1,015.915 13
533,039 82
$11,125,184 66
SOate of New York, County of New York, sa:
L Arthur W. Sherman, Cashier of the abovenamed bank, do solemnly swear that the above
jtntement is true, to the best of my knowlege and
lelief.
A. W. SHERMAN. Cashier.
Subscribed and sworn to before me this 4th day
Total
If*August, 1887.
Correct—Attest:
11. L. BrayxAHD,
Nutarv Public.
F. T. TAPPEX,
A. ROOSEVELT,
ADRIAN ISELIN, JR.,
'
)
[
05
59
4,689.293 13
2,09-,654 30
statement is true,
belief.
EDWARD BURNS, Cashier.
Sworn to and subscribed before me this 5th day
of August, 1887.
J. J. Bennett,
Kings Co.
Certificate filed in N. Y. Co.
Report of the condition of the
WESTERN NATIONAL HANK of the
City of New York, in the State of New York at the
close of business August 1, 1887:
RESOURCES.
Loans and discounts
U. S. bonds to secure circulation
Other stocks, bonds and morrgages
Due from other National banks
Due from State banks and bankers....
Current expenses and taxes paid
Exchanges for ( tearing House
Bills of other banks
Fractional paper currency,nls and cs...
Directors.
L
-
$5,788,919
5o,()00
5.660
=369,6)2
25,o00
98
00
JOHN JAY KNOX,
)
CHAS. R. FLINT,
^Directors.
OLIVER S. CARTER,)
LEPORT OF THE CONDITION OF THE
■V HANOVER NATIONAL BANK of the
City of New York, in the State of New York, at the
close of business August 1, 1887:
RESOURCES.
3 53
337,744 00
483,443 00
25,000 00
$3,500,000 00
22,329 37
1,255,129 75
400 00
161,404 95
85,197 31
2.312,032 00
365,746 90
$ 7 702,240 28
State of New York, Ci*y and County * f New York.ss.:
: I. F. Blankenhorn, Cashier of the above-named
bank, do solemnly swear that the above statement
is true to the best ot my knowledge and belief.
F.
Subs *ribcd and
BbANKENHORN, Cashier.
to before me this 3d day
sworn
W. S. Matthews,
August, 1887.
Notary Public, N. Y. Co.
Correct—Attest:
C. N. JORDAN,
)
C. J. CANDA,
>
EDUARDO GOGORZA,)
1,679
U.S. bonds to secure circulation
U. S bonds to secure dep"8lts
Other stocks, bonds and mortgages
Due from other Nat. banks
Due from State banks and bankers
Current expenses and taxes paid
500.000
3,000
—
874 607
177,452
21,616
...
j4() 000
35,275
cash items
Exchanges for Clearing
Bills of other banks
1,777,357
House
8,470
122
nickels & cents
Specie
S.3’5'9.457
• •••
-
U. S. certificates
tenders
50,000
legal-
of deposit for
70,000
Redemption fund with U.S. Treasurer
(5 per cent of circulation)
Total
....
00
503,020
2,250
$17,663,571 11
LIABILITIES.
$1,000,000 00
725,000 00
Capital stock paid in
Surplus fund
133,8*2 87
15.000 00
4,5iS 00
Undivided profits
Notional bank notes outstanding
Dividends
unpaid
Individual deposits sub¬
ject to check
$
Demand ctfs of deposit.
Certified checks
Cashier's ch’cks outst’d’g
4,598,419 65
1,150 82
779,157 23
234,457 05- o,613,214 <5
500,000 00
52
U. S. deposits
Due to other nat’l banks
Due to State bks.& bkrs..
0,827,495 33
2,814,4'JO 19— 9,011,890
$17,603,571 14.
State of New York, County of New York, ss.:
1, J as M Donald, Cashier of the
bank, do solemnly swear that the above statement
is true, to tlie best o£mv knowledge and
above-named
belief.
(Signed)
JAS. M. DONALD, Casnier.
Subscribed and sworn to before me. this 3d day of
John C. Ryer,
Auyust, 1887.
Correct—Attest:
Notarv Public, N. \ . County.
)
SAM’L C. BURDICK, > Directors.
M. N. PACKARD,
(Sigded)
SIGOURNEY W. FAY.)
62
98
$7,702,240 28
Total
$10,059,263
Loans and discounts
00
LIABILITIES
Capital stock paid in
Undivided profits
Individual deposits subject to check..
Demand certificates of deposit
Certified checks..
;—
Cashier’s checks outstanding
Due to other National barks
Due to State banks and bankers
85,000 00
0,393,243 73
Certificate filed In N. Y. Co.
Correct—Attest:
ffintmjcial.
24,200 00
than 5
50.^7 75
bank, do solemnly swear that the above statement
is true, to the best of my knowledge and belief.
E. H. PULLEN, Cashier.
Subscribed and sworn to before me this 3d day
of August, 1887.
James Walsh,
Notary Public, Kings Co.
7,*60 95
585,455 22
Specie
81,188 S7
570,050 26
Total
GETTING, )
> Directors.
)
JNO. T. TERRY,
DUMONT CLARKE.
Total
$1,000,000 00
Jorplus fund
03
50
50
$2,127,877 61
1,527,956 23-11,141,503 95
r... .$13,414,474 38
State of New York, County of New York, ss.:
1, E. H. Pullen, Cashier of the above-named
Fract’l currency,
'
Total
$28,916,229 16
State of New York, County of New York, ss:
I, EmvAR > Burns. Cashier of the American
Exchange National Bank of the City of New York,
Due from U.S. Treasurer (other
per cent redemption fund)
203,857 93
42,260 00
20,912 50
.'.
Total
;lt,500 00
$5,000,000 00
1,305,000 00
$11,125,184 66
LIABILITIES.
Demand cfs. of deposit..
Certified checks
Cashier's cks.outstand’g.,
U: S. deposits
Due to other nat. banks ,
Due to State bks & bk’rs.
Checks and ot her
LIABILITIES.
Legal tender notes
$1,500,000
00
500.000 00
Surplus fund
Undivided profits
National bank notes outstanding
1,658,891 31
1,576,000 00
$28,916,229 16
Capital stock paid in
Surplus fund
York, in the State of New York, at the close of busi¬
T<\tal.
14
50,000 00
value)
stocks, bonds and mortgages
market value (see schedule)
Report
of the
condition
ofatthe
GALLATIN
NATIONAL
RANK,
New
Specie
Legal tender notes
Redemption fund with U. S. Treasurer
(5 per cent of circulation)
99
Notary Public
RESOURCES.
2,250 OQ— 3,694,179 00
Capital stock paid in
Other
W. BAYARD
.2w*ns and discounts
Overdrafts
£T. S. bonds to secure circulation
Other stocks, bonds and mortgages ...
A*e from other National banks
Owe from State banks and bankers....
estate, furniture and fixtures
•.hirrent expenses and taxes paid
Cheeks and other cash items
Exchanges for Clearing House
Bills of other banks
Frf.ct’1 paper cur’ney, nickels & cents ..
132 28
..$13,414,474 38
13EPOIIT OF THE CONDITION OF THE
IV AMERICAN EXCHANGE NATIONAL
BANK, at New York, in the State of New York, at
the close of business on the 1st day of August, 1887:
do solemnly swear that the above
to the best of my knowledge and
18
6,554 89
21,837 36
LIABILITIES.
ject to check
State of New York, County of New York, ss :
I. Fhed’k B. Schenck, Cashier of the above-named
bank, do solemnly swear that the above statement
is true, to the best of mv knowledge and belief.
FRED’K B. SCHENCK. Cashier.
Subscribed and sworn to before, me this 3d day
Of August. 1887.
F. A. K. BRYAN,
Notarv Public, New York Co.
Correct—Attest:
JAMES E. NICHOLS,)
S. M. M1LLIKEV,
> Directors.
J. M. WENTZ,
>
Total
89
41
00
Individual deposits sub¬
7$ 10,992,170 33
...■
475,542
9*1,266
28,50 1
637,684
Dividends unpaid.
07
31
43
40
09
55,032 50—8,036,876 80
Cashier’s checks outst’g
Total.
855.000 04
198 51
50,000 00
100,000 00
2,000 00
63,963 00
Total
$1,000,600 00
Surplus fund
Undivided profits, net
National bunk notes outstanding
Dividends unpaid.....'.
)
August 1, 1887:
Redempt’nfund with U. S.
Treas. (5 pr.ct.of circul’n)
*
LIABILITIES.
Capital stock paid in
Correct.—Attest:
200,000 00
75,000 00
RESOURCES.
Ztoarns and discounts
^TGrdr&fts*••••••••••••••*••••••••••••••••
ij. S. bonds to secure circulation
ILS.. bonds on hand
Other stocks, bonds and mortgages
line- from other national banks
Da*from State & privute b’ks & b’kers
Banking house
Other real estate
Current expenses and taxes paid.
Premiums paid
Checks and other cash items
Exchanges for Clearing House
Bills of other banks
Fractional currency (including nickels)
ness
3.« 00 00
432,400
14,424
9,375
785,090
U. S. Treas. (5 per cent
of circulation)
Due from U. S. Treasurer
other than 5 per cent
LIABILITIES.
950,000 00
$7,436,708 56
Loans and discounts
Overdrafts
U. S. bonds to secure circulat ion
U. S. bond* to secure deposits
U. 8. bonds on hand
Other stocks, bonds and mortgages....
Due from other national banks
Due from State banks and bankers
Real estate, furniture and fixtures
Current expenses and taxes paid
Premiums paid
Ch’ks and other cash items
$10,753 91
fund with
Redemption
7*42,067,046 83
-Total
$6,470,032 00
346 94
$1,510,902 5^
Bills of other banks
Checks & oth. cash items
Exch’s for Clear’g House
Due from national banks
Due from State b’ks and
bankers
18,000 00
RESOURCES.
RESOURCES.
Specie
Legal-tender notes
60,0u0 00
Treasurer
York, at the close of business
'
Loans and discounts
Overdrafts
U. 8. bonds to secure circulation
Other stocks and bonds
.Real estate, banking house ..
Premiums paid
5,094,665 45
H'-S.fiGO 00
legal tenders
lpw3e»ption fund with U.S.
45 per cent of circulation)
51
41
00
iv
MERCANTILE NATIONAL BANK
of the City of New
RESOURCES.
DEPORT OF THE CONDITION OF THE
NATIONAL BANK OF TH EREPUBLIC,
at New York, in the State of N. Y., at the close or
business, August 1, 1887:
OF THE CONDITION OF THE
DEPORT
»fPORT OF THE CONDITION OF THE
JtH FOURTH NATIONAL BANK, at New
Foefc^in the State of New York, at the close of buaAugust 1, 1887 :
bonds to secure circulation
tHher stocks, bonds and mortgages
Jfve from other national banks
i»nefrom State banks and bankers
Beal estate, furniture and fixtures—
dorrent expenses and taxes paid
Ofeeeks and other cash items
.^Exchanges for Clearing House
Bills of other banks
jfnut’l paper currency, nickels & cents
gattR statements.
giuilt statements.
gaufe statements.
JWtmsnd discounts
4*rerdriffs
fVoi. XLV.
Directors.
& CASUALTY CO.
NEW YORK".
Cash Capital, $250,000, invested in U. S. Gov’t Bondi.
$200,000 deposited with the N. Y. Ins. Dep’t, for
FIDELITY
Nob. 214 &
216 BROADWAY,
the protection of Policy-holders.
Assets. January 1st, 1887, $578,105.
and Express Compa¬
Clerks of Public Com¬
panies, Institutions and Commercial firms, can obtain
Officials of Banks, Railroads
nies, Managers,Secretaries,and
BONDS OF
SURETYSHIP
from this Company at moderate charges.
The bonds of this Company are accepted
courts of the various States
by the
CASUALTY DEPARTMENT.
Policies issued against accidents causing death
totally disabling injuries.
Full information as to details, rates, &c., can
obtained at head office, or of Company’s Agents.
Wm. M. Richards,Prest.
John M.Crane, sec.
or
ba
Geo. F. SEWARD,V-Prest.
Robt.J.Hillas, Asst.Seo.
DIRECTORS: .*
Geo. S. Coe,
A B. Hull.
J S.T. Stranahan, H. A. Hurlbut,
J. D. Vermilye,
Alex. E. Orr,
G. G. Williams,
John L. Biker,
Geo. F. Seward,
Alex. Mitchell,
A. S. Barnes,
J.G.McCullough
Thos. S. Moore,
Wm. M. Richards.
@FedFRASER