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—

xmtk
HUNT'S MERCHANTS' MAGAZINE,
REPRK3ENTINQ THE INDUSTRIAL AND COMMEROIAL INTERESTa OF TUB UNITED STATES.

VOL.

SATURDAY. AUGUST

45.

NO.

1887.

6,

July.
1887.

Termsi of Snbseriptiun Payable In Adraace :
For One Y«ar (luoludli'K postagt)
$10 20
do.
For Six Months
6:0

New Tork

wiiiiAif n T^AKi

JJi'JnrKiovn
JOBH
O. KLOIU.

S

«.

DANA &

Wetk

13»,117,589

(Stockt

WotUm
[tirain

(Petroleum

+ 12-8

hbtt.)

Boston

—
New Haven.

Pr>»Tidence..

Hartford

533338,776!

70.9i>6,«72
3,H1 1,300
l,a«2,0li8

75,516,867

1.284,6«0

4,823,91

2,041,356

1351,700

+120

938.361
1.035,1584

Sprineaeld...
Ijowell

l,04a.-38:l

547.714

+9-7
+20-7
+3-5
+13-8

87,127,763

-0-9

Philadelphia.,
Pittsburg

Baltimore
Total Middle.

Chicago

Milwaukee
Detroit
Indianapolis
CleTeland

Columbus

81,825.914

+8-6

+40-6
+14-0

1(I,2:M.882

+3l)-2

12,643,014

+«-S

77,741,845

67.888,016

+14-6

»1,70 1,620

+11-0

49.377.10'

+9-5
-6-0

i.5.s2,-.;ii)

1,27«.U0

+16-7
+9-3
+1«'9

56,324,292
9,549.800
3,938.308
3,870.676

+24

."i,i»54.:0rt

45.106,891
9.272.450
3,404.262
a.81BJ2IU

2,BM«,t)«l
1.80V,»i)l

2.a«4,07tfi

+-.i5-3

l,49J.i851

+'a)-6

5t7,297
1.5B7,rt70

+72-2
+73-0

2.(*'3.45»
8.100.1X10

2,4:6,926

-1-16-8

l,740,('o5

+20-6

4.M4.;i07
&0l,«6B
721,20'

2.«3S,8.-|0
3!iH,:i28

-(-55-3

805,263

+186-8

1.011,102
2,778.254

Pe^irla

Omaha
Minneapolis

Denver
St.

80,556,676
7.2«,.786
10.065,574

-I-IOH

10.17«.574
11,477,201

66,nf>R.O70

f.7la.750
8,M73,8i6

Cincinnati

Paul

Grand Kaplds....
Wlcblta
Dnluth*
Topeka*

155,273

Total Western.

New

—

36,661.690
20,640,741

_86«,329.T23

York..
304.458.221
Not included in totals.

Norfolk

ToUl Southern.
Ban Francisco
all

*

New

7,694.223
973,946

+9-5

2,565,480350

228,084.061 +fl-4
48,961,450 -2-8
15.152.442 <-14-5

1,661,239,736

15.872.6;ii.

10,9;8.2.(1
7.314.aSt»

W3.',i65.!)03

13,l'.iM.098'

9,'»i,942'
19,561,7181

+ 19-6
7.^25.003: +22-7

98.181.954
68.642.697

l:i.2il7.H77

+48-1

118.781,6.10

2,403.85.5!
3,-^25,628;

l.M«0.9«4
1,837,412

+970

+292

15.02-,3034,433,863

871,448,847+11-6

2381,663,489

2,347,546360 +28-«

-0-2

614,869,745
40,971,187
236,778,088

453,053301 +12 9

414,664,158

74..3'1fl,,918|

Orleans.

22,i»6.'-34

Ix)nlsvtlle
Kansas City..

23,435,108

8,629..078 -H5 7
21,9;»,,ll00:+02-5
18,881..l<43i+21-l

3,1.187,210

22.605 .6^1+46 8

....

Memphis

4,427.855
2.WM4.293
2.209.099

Norfolk
Tot. South..

Total

168.380.270

152,842,249

7,090.860

54,686,324

Ontside N. Y.ll,4.iS,701,540

284,(M6.925
55,832,165

+6-4

2.134 ,358

l,32-2.453.90l

S5,188..1-<8

19.846,134

2U.008.133|

ShVs

Actual
Value.

50,180.713

RB.

bonds... ;t24M,899,710
Gov't bonds.
15.041.250
State iKtnds. 113.396.700
Bank stocks. 11.-277,200

-08

+1-7 1,292,419,596

1,088,923,402+18-7

453,162,844

885,570,221+38-0

+5-9 29,780,171,666 27,196,938,913 +8-S

+80

10,123,515,758

Seven months, 1887.
or Quantity

+2S-4
-17-4

44..1«2,S09

29.'28 1.682

8.629,319.919

Our compilation covering; operations on the various
York exclumges now embraces seven months of 1887 and

DaerlptUm, Par Vaiue

+*!*

25,377. 72!>

218.997.582 +8-1
134.548.381 +191S
154.207.617 +61-8

1611,793.722

,3811 -4-6
4.804. 28:ti-850

4.0-^3.937,358 3,"98,494,:i06

all

82.0<J2,126
31.61)0,846
82,714..376

s.iw.tt-a -t45-8
H.851.784 +38-4

74.2-37.089l

+ir3

New
1886

:

.Seven tnonflu, 1886.

Par Valtu

Average
Price.
80-1

$201). 724.687
»<>.0!18.-247

84-0
119-8

H.707.405

851

Actual

\

or Quantity]
53,464,0231

-

147^:127^2

tl,674,03e 123-8

Av^r'ge
Price.

Voius.
f

68-6

8328156082

- - |314,8S!i,9ao 86-0
1368.146.900
18.876,100 $10,433,294 120-8
»10,378.7'(1
$3,768,317 86-3
$1,029,788 114-4
$900,365

Total
.. (4702164380 (2885816037
ei-4
$6164324.378 $3662611,849 707
Petr'l'm.bbls 645.211.000 (4I5.'230.166 641-30 $1483.274,000 $1128563.492 78e.
18.-.^81.100 tSlI.193,485 161-05
13,948,800 $648,006,780 $46-47
l-3«:>.3«3.«5o $1041585,891186 6-lOc 1,003,906,911 $838,609,837 83H&
$51768310191

We give
I

$686.7680.458!

below our estimate for the week ending August

based on the five-dav telegraph returns, and
increase compared with 1886 of 20-6 per cent,
Week Ending Ann.

Betunu by

648,967

+26

30,4I4,0»1

+20-5

3l«,625.748

+ 18-1

12,761,475

4

81-7

17,707,692

-(52-1

758,719,491

+18-8

886.836.889

287,601.902

+138

828,467363

indicates

it

6,

aa

Week EniTt July 90.

6.

Ttletrapk.
1887.

809368

last year.

+20-2
+14-6

15,7(«1.7:i4

Paul

(lalveston

I

For the month of July the returns exhibit a failing off from
the previous month of nearly five and a quarter millions of dollars, but in comparison with July of 1886 record an increase
of 5-9 per cent. The aggregate for the seven months is i)-5

128.861.191
108.528,376
51.7.4,484

Denver

Total value

5

836aM6,200

t4-8

5,7'.!9,70'.i

Minneapolis...

+0-9

per cent in excess of the total for the similar period

17.H47.542
18.626.580
7.532,:«3
13.19 ,742;

Omaha

+ 12-7 Kew
-35-li

—470

42,74«,a.'i0

8.385,517[
4,o7»,6o8i
12.251,4941

4-wi
+110-3

4,590,>2U1

1.868,9ai,224
288,417,609
898,060,117

340,280,400

New

+-23-5

740,279
1,935,538
851,087

+7-8
+83-7
+7-7
+25-6
+441)

682,530
981,900
439,081

+1-0

372,691,495

Tot. West..

+20-4

+280

4,528,921

53,-.39,486

241,874,217

+ 18-8

18,223.996
1.381.10S
4,603,358

3,.">02,008

90,204370

Tot.Mlddle.

Cotton. bales
Grain. ..bush

95301,833

937.811
520,863
442,892

Galveiiton....

1 ,85«.«89
1,176.952
2.6ls;,om
3.321,481
1,970,919
4,391,939
554,002

54.047.464
87.5B7.288
27.484.474
27.63S,1«2

Chicago
Cindnoati
Milwaukee....

8t.Lonls
St. Joseph

+l?-2
+7-7
+93-4
+44-8

+8-8

6,8;3.0-.'9

253,477,428 +90
83,518,4H| +27-5

42.716.938
63,761,579

Wlcblta

+31-1
+14-1

+13-5

+35-6
+37-2
+51-8
+37-3

276,21S,(>78

(^ranrt Itaplds

+431

15.988,777
786.596
8,504,200

Kan^aA City..
Memphis...
.

l,74-(.734
3.'23».iM8

76,485,242

+281

Philadelphia..

a,^i i
Stock
jva|.e «443a5l950n

17.31 2,36S
l,a)7,4>l6

4,752,k29
4,8oS.151

2,937,988,>r77

SI.

-r2-8

8».780,443

Orleans.
Louisville ..

Total

+401

].34S,10rt

St. I.ouis
St. Joseph

Oatilde

+8-2

-a-i

Peoria

+2-8
+7-8

s;ii.8«3

44U.5S0

403,871,581

-21 San FnuictBco.

TlS.lMl'S

80,0!>3,145

394,958,757

Columbus

+4-6

nso.Jflrtt

New England.

17,247,490

Tot. N. Bng.

Cleveland

23.

Portland
Worcester...

Total

+6-8

Indianapolis...

-32-4
(748,183)
(483,700)) '+:«-6
(29,075,600) (-30o)
(12,580,000) (-65-4)

(l.(MS,834)
(378,400)
(4 1.04^.000)
(Sl,s:4,000)

aliaro.,
b4tla.
bunheltt.

9,259,577 +7-6
6.180,868 +0-4
4,040,0»6 +10-4
4,li4,OI6 +1-8
4,073,515 +10-0
2,.'ll-5,043

Detroit

P. Cent.

New Tork
SaUt o/—

19.980,(>00

is

Week End's Jul\i

BtuJinfl Jtiii/ 30.

-8-9 2.606.3H5.4S9
+0-7
188.38U,X<X)

358,887.927

6.203.550
4,469,916
4,181,112
4. 480,865
2.541,399

Worcester....

a
fairly favorable one, and in comparison with the corresponding period of 1886 the aggregate for all the cities records an
Cincinnati and Galveston alone
increase of 13'2 per cent.
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.

P.flt

+4-8 i9,66e,e»i,M0

New Haven..

Pittsburg
Baltimore

week under review

$

9.9A.'>.W42

en
Lowe)

street,

clearings for the

343.010.873
20.115,600

Springfield...

PnblUhem,

I

I88T.

Hartford
Portland

CLEARING HOUSE RETURNS.
The exhibit of

t

Providence...

NKW TfOHK.
pyg^ OFFICB BOX 958.

lOa William

f

Co.,

Seven montht.

p.n.

1880.

2,695,295.818 2,476,040,406

Boston

Eiirop«Hn !^iili«crlptlon <inolndlng postaue)
1128
£2 78.
Annual subscriptlun In London (InoIudiUK postage)
do
do
do
£1 As.
Blx Mos.
These prices iaolude the Investors' Suppleubnt, of 120 pages
Issoed ODoe In two montli^, nad furnished vithout extra charge to
BUbsorlbers of the Chronici.b.

(WlfcHAI

,

1.154.

Tork

1886.

P. Cent.

1887.

P. Cent.

580,9O6.65»

473.353.543

+848

441380300

+8-4

Solet of Stack (.tharet)...

(1,760,801)

(1.028.346)

(I- 69-8)

(1,056,1061

(+18-8)

Boston

68,087,418

68,407,813

+81

Philadelphia
Baltimore

67,638303
10,881362

48,360,!

68.449,440
43,888,437

Chicago
St.Lools
New Orleans

48,785,468
4,088,188

88,467,000
16,066.009
8,778,604

7M,M8390

886,197319

146,100340

118,486,338

16,896373

Total. Sdars.

BsUmated
Total

1

full

day
week....

Balanoa Country*
Total week,
*

For the

full

all

8,77339B

+196, "616,578,816

~+7-8

140,104388

+»»
+10-4

+87-8

758,880378
85, 138304

+80-8'

861,813.181

8,680,461

-61

48.U4.46t

+1-5
+6-8

14.780.488

+8»6i

840,064.530 'to3,88S,b58
77328,248
88,986,899
1,039,011 429

4,078341

+0-1
+8-3
+18-6
+10-1
+7-«
+36-8

+18-8
+4-7

801,512,901

+80

week, based on last week's retoma.

t-84-0

—

.
.

THE CHRONICLE.

156

THE FINANCIAL

SITUA TION.

condition of
There has leen no material change in the
have
balances
B inkers'
the money market this week.
recent;
per
loaned at 6 and 3 per cent, averaging 4^
have
banks
and
cent
per
newals have been made at 5
were willing
€ssily obtained 6 per cent for all money they

[Vol.

XLV.

Tnere had been recently representations as to ttie Treasury condition widely circulated, which, though not true,
were doing harm, and hence soma announcem-int as to the
Government policy seemed needful. To ba sura, although
the half year's interest which the Secretary offers

reaches $22,319,784, and

though

pay

to

than 20 millions

less

($19,717,500) of the Sinking Fund has been already
provided for, leaving about 29 millions to bs secared before

Time loans are 6 par cent on prime
call.
the current fiscal year ends, still it is thought to
30
days to six months, and the lending
from
collateral for
be doubtful whether under this notice much money will
trust
institutions and by
is principally by out-of-town
out.
However that may be, the form in which the
come
the
city,
-companies and insurance corporations of this
the interest is put, could not be
anticipating
offer
as
to
that
reason
banks making but few of these loans, for the
The
different
in the first instance from that given it.
their
of
demands
they need their funds to meet the
is not acting for itself, but as the agent of a
Government
customers.
mercintile
their
regular and especially now
are critical people and of their more critical representatives,
For the same reason the New York City institutions
are so it cannot offer better terms (though the Secretary may
names
choice
very
although
market,
not in the paper
cities do think they will in the end be necessary) until these are
offering and even banks in some of the EiStern
"We look upon that feature of the
First class proved impracticable.
not now regard 6 per cent at all tempting.
than as showing any definite
notice
as
tentative
rather
takt-n
which in June would have been readily
to put out

on

acceptances

per cent.
4^ per cent, have this week been sold at 7
nominal.
merely
This condition causes quotations to be
York
New
the
them,
Besides meeting other drafts upon
money
to
of
amounts
large
banks this week have shipped
some
developed
has
wheat
in
deal
•California, where a
4it

more experience in " pegging."
The Bank of England rate

day advanced
had
the

cent, at

which

has been losing bullion almost uninterruptedly,

parting altogether with £3,167,483 in the interval.

of

this

it

Since the middle of June

Etood sirce April 28lh.

Bank

of

New York has

Some

a large amount of

it

America and now that the movement

to

has gone to Germany,

recently to South

Bank governors have

set in the

at all events

;

it is

a good

preliminary for efftctive work later on, should the necessity arise.

Besides,

it is

some bonds

quite probable that

be offered and purchased.

will

In an article on a subse-

quent page we have shown that there

no

is

distress for

money at present, and with the gold imports which are
discount was on Thurs- now likely it does not look as if there would be this fall,

from 2 per

to 3 per cent

expectation of the Department

doubtless

even

if

be moderate accumulations by the

there should

What

Government.

wanted

is

The

confidence, not currency.

revive

to

difficulty

i?,

speculation
this

practice in merchandise as well as securities has

is

"psgging"
been

fear-

fully overdone.

Mercantile business
to

be at

as active as

is

it

could bs expected

Most departments of

season of the year.

this

by advancing the trade are now passing through their quietest weeks, while
lost £773,- the extreme heat of the present summer m'lst have tended
000, and a private cable to us states that of it £101,000 in some measure and for the time being to restrict
was shipped to New York, £305,000 was shipped operations. Still there is a good feeling and a promising
mostly to South America, and £372,000 went to the inte- outlook. Tne dry goods market, which used to open at
lior of Great Britain, there having also been received this season, shows a fair movement especially on the part
X5,000 from France. The advance in the Bank minimum of the Southern marchants, though now-a-days the August
-caused a rise in the open market discount rate for 60-day buying is not so much of a feature any year as it
to 3-months bank bills in London to 2J@2^ per cent. was formerly. The telegraph and the habit of carrying
The open market rate at Paris remains at 2J per cent, small stocks has brought in the practice of distributing
vhUe that at Berlin is If per cent.
orders more through the year as new supplies are wanted.
Our foreign exchange market was dull and without Western needs will much depend upon the crops, and of
«pecial feature until Tuesday afternoon, when the rates were late the grain crops have not been favorably reported,
reduced to 4-83 for long and 4-85 for short, in consequence especially corn, though recent rains it is believed have
•of a pressure of bills drawn against stocks and bonds bought
now improved the outlook.
A very satisfactory
for European account, the lower prices attracting foreign feature at the moment is the promisa as to cotton.
If
investors and speculators.
Tae buying, however, was present anticipations are realized in that particular this
not apparently very heavy, for on Wednesday the tone ought to prove a very prosperous year for the South and
of the market was firmer, this latter condition being for Southern railroads.
We have made up this week our
concluded to

influenced in
for

rates

advance
to

attempt

to

This week the Bank

rate.

3

part probably

discount in
in

per

check

is

the

by the

On
minimum

London.

official

cent,

it

reported to have

there

was

a

fractionally better

monthly statement of clearings for July and from

Thursday,

readers can see

rate

of

on the
discount

reduction

in

the

rates.

continued into the summer.

to think

not, as

the rates hardly

j

ustify 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 per cent rebate and to purchase bonds, cannot,

under

(be circumsUnces,

fail

to

bo commanded bj every one.

our

The following

is

our usual

MONTITLT CLEARINGS.
CUarlnQ3, Total An.
1887.

The only

shipment of gold to New York of which we have knowledge is £101,000, noted above. There may have been
other amounts taken from the Street, but we are inclined

it

the activity in mercantile circles has

exhibit.

long rate for sterling to 4 82
and in consequence of a
J,
renewal of purchases of stocks on European account the
market was weak, and continued in the same state
yesterday, without further change in

how

Jannarj
February

. .

March

1886.

dearings OuUide JTew York.
P.Ct.

18S7.

1888.

«

P.Ct.

1
4,370.823.843

4,143,139,819

1,408,136,783

1,267,610,954 +11-1

3.695,2'.M,5«3

3,S4S,019,''32

1.822.010,791

1,102,511.2111

4,335,761.645

4,172,610.787

-f3-9

1,499,393,160

1,287,534,325 +18-3

12,101.879,053 12,183,789,848

1

+10-8

+2-0

4,1^9,510,743

3,037,850,570 +13-3

4,513,017,992

8,810,313,3«1 +25-0

1,480,146.533

1,189,333,413 +ai-3

May

4,299,625,922

3.810.281,542

+191

l.;0i.857,b36

1,199,953,881 f25-7

Juno

4,511,691,831

4,014,080,056 +13-1

Total
April

Total
6 months
July

1,.178,209,

106

l,279,017,ir.4

+33-2

13,364,335.245 11.23<,674,039|-HS»

4,505,273,473

3,009,209,448 +24-4

25,756,214,298 23,3»8.444,807|i-10-8
4.023,»57,358 3.788.481.2191 +5-9

8,094,814,218

7,308,809,018

+190

1,428,701,540

1,322,440.814

+8-0

There has been of course a falling off in July from prevery nearly 6 pet cent
yiptts months, but the total is large

—

.

AfOLST

THE CHRONICLK

18b7.]

(I,

and outside of

larger tbau last July,
is

A

8 per CKDt.

New York

piobably not in cpcculative operations, but in
trade. In fnct, so far as stocks at

there

is

may be

the gain

feature to be noticed is that this gaia

New York

a very considerable falling

oB. in

is

the dealings, as

The Minnesota
to

Chicago

8ALK4 DC gT,>CKS AT TUJ KSvy

this

months form the poorer

half

of

k,

North vestern having op')ned

its line

week, has followed the even* by aaoounc-

lower thai that previously ia

St. Paul, materially

The road being a new

might naturally be
this, bat
unusual prominence has been given to the matter, and

force.

YORK STOCK BX0IIAMO8.

first six

ing a schedule of rates between that city and Minneapolis

and

teen below.

though the

1886,

the year.

Ipgitimate

are concerned,

157

one,

it

expected to have recourse to some such step as
I88«.

lSf)7.

MonlH.

Vatua.

Kumber
o] Shara.

Jan....
FoO...

.Mmxh

Actual.

Par.

S.)47.12T

«
7ia0O«.40O

7,814.112

(VS7.IHH.9W:
tl«n,(l''S,«SO;

r.l1T.:lc)5]

':.r...
i

mc

ActuoL

I

desirable

8,«79.IM

790,883.975

B70,.<lfll.fK)7

»,4I0.H«7

818,7 17,«»
S5:l,778,9S2

SH7,4A»,ai5

10.1.1-.i,(l7H

008,51 1,278

88,23S,1!MI 2,4lVi,17».Tf,2 l,7IM.342.2i>0

478,41ll,4lA

8,410,!iM

(184.167.700

876,7M2J478

O.SiKVW-i

().)!),803.800

371,187,1)53

P,«.1H,303

0(13.09«.3SO

4S»,7VOM»

e.ass.sjfaj

ni7,742,«5ol

393.c74.904

7,111.197

(U4.483.»a

458.!80,0a0

Total '2»,»lM.5l»S3,O23.848.00'»|l.2aH.fl7T,a73
't5.ft2.'>.H2 4,l>'.f3.n29.2ao|2.403.174.081

4(l»,U20,30ol

July...' 4,8 5.571

860,58;,6al

2(>.iei,U.M l.Ml,«S3.2;» 1.251,78C.S2»

48.S9<I.'S0

0,067,84?

4 :<O4.85U,0ii;'3.0I8.OHl,ei9
473,2fS,225'

80J.374,473

Tbis shows that the value of the July share sales at the

New York

know

to

its

probable

effects, it is

what the action means, and on

just

*
312,851,431
37il,ra«.M7

I

emos..

exaggerated statements made of

$04.aiKI,750|

9.4117.1.71)1

I

0/ Share:

4I4.440,3S0

T<itlir22..'j<«..'.4I l,»ll7.iV«.200!l.l60.4tltl.!»78

April.

as

Valua.

Number

Stock Exchange were 45 million dollars

what theory

sought to be defended. In brief, the
Northwestern people contend that existing

it is

&

Minnesota

were too high. They claim that before the Inter State
t Sect 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,
rates

law went into

and drawbacks being variously allowed shippers. Under
the new law the tariff was advanced to 75 cents on first-

down

class freight

to 20

cents

fifth class.

The

effect of

than they were in the previous July, and yet the total

managers of the new
road, would be to ruin the jobbing and manufactnring

clearings in the country were, es stated, nearly 6 per cent

business of the " twin-cities " of the Northwest, without

m(

There can be no denying the fact that up to

re.

time

trs.de

less

this

has been active.

continue

gross

In

very good.

now coming

Terie Haute,

the weekly statements of

band, roads

to

Peoiia Decatur

Indianapolis St. Louis

&

&

like

the Evansville

is

year the

movement has been
the character of the

ULchanged and gains are general and

illustration,

Northwestern determined to make a schedule of 50 cents

and 12^ cents fifth-class. Stated
form the comparison would be as follows.
first-class

large.

in

tabular

&

Chicago, &c., show a decrease as

Otherwise, however,

quite small.

reports

ibis

&

Chicago to St. Paul.

Evansville, Cincinnati

compared with the corresponding period in 1886, but
there is an exceptional reason for this in the fact that
last year tlere was an extraordinarily large movement of
winter wheat, while

Accordingly, after consultation

the roads.

benefitting

with the shippers and merchants interested, the Minnesota

The geLeral conditions as to railroad trafQc remain the
same as heretofore, and reports of gross and net earnings

these high rates, according to the

In

note that according to our tables on another

New rates

lit Class.

According
the

idea

to

of a

Cents.

Cents.

Cents.

40
30
60

80

20
IS
30

10
20

.

this

serious

Sd Class. 4th Class. tUi Class.

50
40
75

(A.ugu3t 1)

Law.

Clans.

Cents.

Rate before luter-State Law..
Itate after Inter-State

2d

Cents.

method of presenting the
loss from lower
rates to

Cise,

the

roads engaged in business between Chicago and St Paul

does not find support.

There

is

no decrease as compared

with earlier rates, but simply a decrease as compared with

was sought to enforce after the Inter-State law
Of course the old roads have had to meet
on 38 roai's is only 2^ per cent.
But especially favor, the new schedule, but we hardly think there is any danger
We referred last of a war. In the first place, the managers of the Minneable are the exhibits of net earnings.
week to the returns of some of the more prominent com. sota & Northwestern announce that the new tariff ia put
panres, liLe the Penntylvania, the Erie, and the Northern forth not as a "cut," but as an attempt at a compromise.
Central, tor 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 comimportant as tbe others, are of a like satisfactory nature. pelled to assume the aggressive there will be no necessity
Exceptiou must be made, however, in the case of the Bur- for further lowering of rates. The Minnesota & North lington & Q iincy, which, owing probably to a diminished western however is accused of a breach of faith, in not
corn movtment, has somewhat smaller gross and net than having given the requisite fifteen days' notice to the Northin 18 6.
But the Union Pacific, against net of $602,751 western Association, and this has nettled the managers of
page 71

roads for the third week of July show a gain of

nearly 13 per cent, thcugh for the fourth week the gain

the rates

took

it

effect.

J-

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 Rsptds & Indiana from $49,641 moment the agreement was arrived at with shippers.
.0 $71,954.
As in previous mouths, however, it is the
After being rather weak in the early part of the week,
.Southern roads that show the most general and most the stock market has latterly been stronger and higherL
otrikiDg gains.
We have evidence of this in the returns A variety of iofliences have combined to bring about
this week of the roads in the Newport News & Mississippi
this result, the one of chief importance however being
in

1886,

Valley system.

$110,649

Thus the Chesapeake

this year, against

^71,745

&

Ohio has net of the announcement by the Secretary of the Treasury of
Chesa- his readiness to anticipate future interest and buy bonds.

last year, tho

peake Ohio Southwestern net of 155,235, against $38,255,

The

first

effect

of this

was

to

create a belief that easy

&

Big Sandy net of $34,269, against money for the fall and winter was assured. Hence oa
$21,594. O her Southern roads make like exhibits. Tnus Thursday a very extensive covering of short contracts
the Central of Gleorgia reports net of $91,070, against natvirally followed, and this was continued Friday, the
only $29,802 in 1886, and the Kentucky Central net of rise making the holders of such contracts uneasy.
At the
loans
Ives
people
on
Cinof
the
$37,931, ajjamst $14,620.
An excellent illustration of same time reports that the
the effect of these larger earnings is seen in the half-yearly cinnati Hamilton & Dayton stock would be or had been
and the Lexington

the Norfolk & Western, showing a surplus
above charges of $172,804, or larger than in the whole of

statement of

so arranged es to avoid
in the

same

all

future trouble, also operated

direction, aa did reports that cable rates

were

.

THE CHRONICLE.

158

[Vol. XLV.

ably been hastened by the recent attempts to alarm th
false charge well
public over Treasury accumulations.
derate
exchange
comparatively easy, while the foreign
So
held
to, is often as disquieting as if it were a truth.
England
of
Bank
the
from
clined, and some gold was taken
far as the object of these efEorts has been to disturb conenough
reason
have
we
this
In
all
for shipment to this side.
important element, fidence and unsettle the markets, we can see reason for
for the change of tone, but the
the desire to encourage a belief that currency has been
namely outside support, is still missing, and without it
movement. taken out of the banks and locked up by the Government.
there can be no permanent or sustained upward
But where no such purpose existed attempts of that
The following statement made up from returns collected
especially
now when
seem very heedless,
kind
currency
of
by us shows the week's receipts and shipments
impaired and distrust to some
measure
in
a
credit
is
and gold by the New York banks.
We have often shown that there is
extent prevails.
Ket Inttriar
Shipped by
Received bv
that no currency whatever
Wak eiuting A unxut S, 1887.
no truth in the claim made
Movement,
N. T.Banks.

At

to be restored.

money has continued

the same time

;

T. Ban*».

If.

«879.0od

Total gold and legal tandeni

I

400,000

Loss,.

400,000

Gold

$1.^9,000

Loss

12,048,000

(879.000

Carrenej..

ll/Osa.. $1.5 69.000

t;.448,000

actual changes in the bank holdand currency caused by this movement to

The above shows the
ings of gold

A

has been abstracted from the channels of commerce, but

on the contrarv that the amount in the hands of the public
In
has been for a long time back each month increasing.
the present position of our banks and of the Treasury

fact,

confidence and not a
it is this impaired
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
today 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
though the Secretary's notice providing against the future
to the New York Clearing House banks of gold and curcannot fail to reassure those whose timidity has been
rency for the week covered by the bank statement to be
excited, the same end will be further aided by presenting
issued to-day.
anew the actual condition of the banks and Treasury at
Net
ClMme
in
the present time, which these proposals as to coming
Into Banks. Out of Banks.
Week ending August 5, 1887.

proves that

—

Bank

Banks' Interior MoToment. as above
Total ROld and leeal tendera

The Bank

of

...

England

Holdings.

J879.000

: 12,418,000

Loss.. 11.589.000

5.200,000

0,400,000

Loss.. 1,200,000

18,843,000

Loss.. $8,769,000

»6,0;9,000

lost

1

£773,000 bullion during the

accumulations supplement.

What

the position of the banks so far as cash assets

is

Do

are concerned?

their holdings

bear out the charge

that higher interest rates are due to a contraction of the cur-

week. This represents £3 72,000 shipped to the interior of

rency?

Great ^Britain and £401,000 net sent abroad. The Bank
of France gained 200,000 francs gold and 2,600,000

year ago they show in this particular the exact reverse of

francs silver, and

Bank

the

of

Germany,

since the last

shows a decrease of 4,040,000 marks. The following
indicates the amount of bullion in the principal European
report,

banks

week and

this

at the corresponding date last year.

August

4,

August

1887.

SUver.

8, 1886.

£

£
Bngland
Prance

Oermany*

£

£

20.964,313

£

99,.198,011

36,755,000

2,485.000
7,001.000

6,492,000 13,6';8,000

20,170,000

6,702,000

8,182,000

14,854,000

1,242,000

3,727,000

2,829,000

1,415,000

4,244,000

1,118,000

8,119,000

7,327,000

1.896.000

8,723,000

Tot. this week 112,011,2«2[92,006,344'204,047,62« 119,642,704 86.046,831 205.689.535
Tot.preT.W'k.'118,044,«42l9l,991,168l205,037,810llllB,610,75:)i85,HS5,33-i'205,388.091
* The division (between Kold and silver) given In our table of
coin and
bullion In tlio Bank of Germany and the B,ink of Belgium Is made from
the bei^t estliuato we are able to oi<taln; In neither casn is it claimed to be
BOcnrate, as limBe banks make no distinction in their weekly report,
merely reporting the total gold and sllverj but we believe the division
we mHke Is a close ai»proximation.
Note.— We receive the above results weekly by cable, and while
not aU of the date given at the head of the column, they are the
retoms Issued nearest to that date— that is, the latest reported ligures.

The Assay Office paid $162,446 througu the SubTreasury for domestic bullion this week, and the Assistant
Treasurer received the following from the Custom House.
Consisting

JMe.

Dutiet.

Oold.

July 29.
" 80.

AoR. 1.
2.
"
8.

"

4.

Total.

351,822 27
345,519
632,940
1,102,835
578.334
855,968

49
67
55
91
02

$3,367,470 91

91.000
2,000
2,CIOO

3,000
2,000
1,000

tll.OOO

of—

V.8.

<3old

Stiver Oer-

Notet.

Oerliflc's.

li/icates.

$35,000
28,000
49,000
88,000
54,000
36,000

date (June

2,

1887, page 18),

with those of the report in
3,

1

886 near-

published in Chronicle July

10,

in

20,480,150 18,274,8o0

Kat.Bel«lam*

results

S

54,287,030 45,130,981

National Italy

13 ((published in the Chronicle July

and comparing

re-

21,574,;80 19,131,820

6.682.000 14,B10,000J 81,592.000
8,101.000 8.239,000 13,340,000

the returns of the national

report under the Comptroller's call of

ported held will be found to have been $248,943,396

48.233.789 47,368,524] 95,599,3i:i:

AuBt.-Ilang'j
MetberlandB..

May

last

1886, page 47), the total of different kinds of currency

21,545,524

40,706,000

banks in their

TotaL

21,545,524

80,964,313
....

SUver.

Gold.

Total.

Even taking

the claim made.

est that

Banks of
GoM.

Lite reports are not everywhere accessible, but
wherever they are so that comparison can be had with a

$270,000
289,000
513,000
943,000
468,000
27J,000

$11,000
26,000
6d,000
66,000
53,000
43,000

$290,000 $2,758,000

$297,000

Included in the above payments were $14,000 in
silver
standard dollars.

coin, chiefly

1886 against
year. It

$254,935,753 at the

must be remembered

latest return of

too, that in

May

this

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

very brisk,

so

in full

business was

progress, while

that funds being in

more

active use at

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
the

millions than at the
later returns for

same date

There are no

in 1886.

the whole country, but so far as bank

show

figures of a later date are available they all

a fair

margin of cash, not difiering very materially from the
corresponding date a year ago when money was comparaThe banks in Boston and Philadelphia retively easy.
port a surplus reserve in each case larger than it was a
year ago, while in New York, though the total is a little
less,

there

is

a very fair margin, furnishing in itself no ex-

cuse whatever for the feverish feeling, high rates for loans

and careful discriminations, which
characteristics of the

moment

are

the

in all the cities

prevailing

named.

Turning to the Treasury statements we reach a precisely
We have reviewed the Government

similar conclusion.

figures so often that they are familiar to our readers.

Batj:

day we have the first of August exhibits, and througbj
them we can test the charge made. If the Secretary hat
been every month locking up a large amount of currency,

to

TEE

MONEY MARKET AND TREASURY
OPERATIONS.

The

action of Secretary Fairchild this
to prepaying interest and purchasing

as

week with regard
bonds has prob-

is

claimed, these latest returns will prove

it.

We hav«

prepared the following brief summary of th<
net holdings of currency by the Government July 1, 1886
therefore

—
August

THE CHRONICLE.

6, 1887.]

and August
the figures

them below together with

1837, and give

1,

other

for

recent dates of this year for com-

parieoD.

MdtntD 0/

Oold....-

March

1688.

Juiu

1,

1887.

July

1,

1887.

1887.

1,

1887.

»16«.7«8.74» «i7s,iao,a«t •188,887,773' •188373,600 •18e,30l),830

«e.mi,B89

81,888,187

7S.ia7,WI

78,848,4!»

78,456,108

D.e.Not6»

S9,M8^I7

as,888,soa

«l,7»r.37»

90,013,707

19,833,740

149,014

ai7,>»w

878.178

107,010

873,809

Notes....

rrao'nulSllTor"

8e,:f)s,496

88,806,718

97,004.193

37,808,314

8e.S03,8»5

In 8ub-Tr'«ur'« (300383.110 1308.318,387 •300,178,330 •307,530,129' •8n6,473,K83
In dopoal'jr

Grand

situation will

necessarily
.lug.

I,

BilTer

Bank

159

any change for the better

that

be effected.

cheaper, every one

Juh I.
<ut

believe

Bks

14,435,190

19,738,508

8S,aO«,STO

88.991,S03|

83,408,S«7

1310,788314 •330,041.886 »SSI.»78«)3 •380,500,481' tSaV.OIM.OOO
• Inelndlng minor coin
total....

The foregoing presents the Treasury

situation in

mean

Even

knows

that

the industrial

in

money does become
cheap money does not
if

We

active speculation

and high prices.
have had our lowest prices and most sUgnan*. markets
when bank vaults were phenoanenally overloaded. There
is

another condition precedent even to the existence of »

plethora of currency notes,

among

other things,

and that

the value of

is

confidence

the articles

in,

be
exchanged and of the quality of the medium through
which the exchanges are made. When an over-supply of
currency, as

it

sometimes

various kinds, until

will,

prices

as

of

to

has excited speculations of

comer

lots,

wheat, various

commodities and securities have been pegged up to fancy
brief and clear a form as it is possible to give it.
It tells us
prices, and when rottenness in one discloses weakness in
that the total currency in Sub-Treasury vaults has, instead
all, 80 that important commodities suddenly lose one fifth
of increasing-, decreased over two million dollars the past
of their value, while stocks drop forty points without
month, and is now just about the same as it was on the
finding a buyer, and as a consequence banks and indivifirst of July, 1886, the difference being only $149,708.
duals fail, showing but a shadow of their assets left
That is to say, in the place of their being a lock up of
when a country reaches that condition the money market
several millions a month in progress, there has been a de
would be shut up to the average borrower even if there
crease of currency holdings in the Treasury vaults, of
could be let loose a flood of currency. The best possible
over two millions the past month, nearly four millions in
condition for the country as we look at it, is a little
two months, and an increase of less than one hundred and
moderation for a time; we shall by that method wake up
fifty thousand dollars during the entire period of thirin a much healthier shape for the enterprises of another
teen months
Now, if there is anything in those changes
year.
that gives the least ground for the claim that the Govern
ment has been locking up currency, or to frighten even
PROSPERITY
CONSERVATfSM OF
the most timid dyspeptic alive as to past Treasury doings,
CHICAGO d- NORTHWESTERN.
we should like to have it pointed out.
The report of the Chicago & Northwestern Railway for
Si ill another step in this investigation is desirable.
It is
the fiscal year ended May 31, 1887, is noteworthy chiefly
Jack of currency we are told that is the disease.
We have for two reasons, first for the excellent result of the year's
seen that the Treasury has locked up nothing now let us
operations, and Eecondly because of ^the bookkeeping
find out what the people have lost or gained of gold, silver
changfs in the items of accumulated surplus, on which
On this
and notes during the same thirteen months.
expectations of a " melon" or stock distribution had for
point much is made of the fact that bank currency is
many years been based.
decreasing; that is an important item, but it shall go into
With regard to the exhibit for the year, it is favorable
our table so that the net changes during the period
beyond the most sanguine anticipations. Both passenger
mentioned may be disclosed. The following is the stateand freight rates suffered a further decline, so that the
!

•

AND

'

;

ment compltte, the

circulation of each period being given

two columns, one covering the amounts in the Treasury
and the other the amounts in the channels of commerce.
in

Juli/ 1, 1886

CHrmiUUUm in the
Uniua Statts.

In
Treasury.

In Banks A
hands of

4u<;u»t I,18S7.

In Banks ti
hands of

In
Treaswry.

People.

People.

Gold coin and

balllon....

475,837.319

156.793.749

433,980,311

188,308.330

Silver dr liars

98.220.530

105,la.1.174

23,888,817
140,014

10,633,740

327,017.278

273.802

275.».'iil,721

20.2^2,496

1 40,583,045
323,812,800
308,541,988
46,155.000

72,458.106

Legal tenders
National Banknotes
Fractional silver, &c

2«,803,M5

5fl.6l4.M4

305,3g.;,115

1,253,075,841

305.472,823

l,»30.583,i)24

Total

Surely no one can have any excuse for claiming there

has been any lack of currency after the disclosures of the
above.

We

have not added the two columns together,

average

f jr

the

latter wa'3

only

I

-10

cents par

ton per

and the average for the former 2-29 cents per passenger per mile both the lowest figures in the company's
history.
In the previous year, the average had been
nine hundredths of a cent higher on freight, and seven
hundredths higher on passengers; and yet in the face of
which involved a loss of revenue to
this decline in rates
mile,

—

—

—

gross earnings show an increase
and net>arning8 of $830,599. We need
hardly say that gross and net alike are the largest on

the extent of $1,706,368
of $2,041,715,

record.

The

th€ call

for interest

$400,000

total of the latter reaches $11,250,973, while

less

was but $5,194,197, being about

than in the year preceding because of a

greater series of credit items to that account.

The

result

remained a balance for the stock of over six
is
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^ 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
The average mileage operated in the
there another country on the face of the earth that has had ing the last decade.
because the amount in the Treasury

of course outside

is

that there

tuch an addition to its note and metal circulation during the late year was just 2,000 miles greater than in 1878, when
tame period ? It seems scarcely necessary to assert, in the total was 2,037 miles. In the interval earnings have
view of these figures and the others we have above pre- increased in gross from 14f millions to 26| millions, and
In 1878 only
sented, that the condition of the money market is in no in net from 7 J millions to 11^ millions.
stock,
though fall
common
the
3 per cent was paid on
degree chargeable to a need of more currency.
and
yet
preferred,
the sarplos
the
was
paid
on
Govern7
per
cent
But the Secretary has opened the doors of the
ment vaults, and now if there is a want the funds will above dividends was only half a million dollars, against
come out. We may thereby secure a lot of silver certifi- nearly 2f millions in the late year after paying 6 per cent
cates

and

lose a

from abroad

;

good part of the gold we might have gat

we

are not, however,

among

those

who

on preferred. The following is a sum
mary of operating results for each of the last ten years.

on common and

7

•

.

.

THE CHRONICLR

160

accumulated surplus

Intereat

Tiar

Earning.

Avtrofie

tmSinn

Mills
Opera'd

Kav31

and

Profit'-

on

OperaVns.

Slocli.'

I
608,453

t
1,036,034

4,5S5,644i 2,2S7,62^

2,105.868

181,780

8,917,749

4,837,581! 4,080,108

2,40 5,581

1,674,617

8,908,251

6,la0,749 3,7<7,50i

2,430,273

1,357.229

ll,04.'5,n22

5,688,917 5,378,075

2.5M»,63'<

2,7111,437

5,057,701 4,061,617

2,890,337

1,161,280

2,9,H9,470

701,258

18P?9....

H.580,9il

7,130,117
6,873,272

1880..-.

2,818

17,:M9,349

1881....

2,614

1888....

3,031

19,3»4,0:2
2S,684,6J6

1883....

8.165

24,081 ,*S4

10,009,318

1881....

8,719

25,030,624

0,879,887

1885....

3.819

23.502,a)6

9.':08,148

1886.

3,891

a4,37»,fi00

10,420,374

j

0,178,930; 3,700,'

t5,151,10lj 4,557,047
5.504,3iWj 4,828,011

+3,981,348

675,609

3.41»,5ij4

1,381,50?

5.194,19716,0.16.778:

8,444,504

j

1887...

«6.321,H15

4,037

11.2.10,9731

With

I'ear^s

t
t
4,885,030 2,404,457

t
14.731.068

..

on

Itentals.

8,037
9,129

187a...

Surplus

Dividenda

Net

Sink. rds.

2.612,272

Dividends allow for 3 per cent on common and 7 on vrefprrei slock
In flscal year 1878; 4 on common and 7 on picfirred in ln7J; 6 on
common and 7 on preferred iu 1880; tlie same fu 1881 6i« on common
and 714 on preferred in 1 882 7 on common and 8 on prefeir&t In 1883,
In 1S84 and in 1S85 and 6 on the common and 7 on the preferredin

is

both significant and suggestive.

the road earning

double

its

dividends, the lime

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

Northwest proper reports $4,214,036
and the Elkhorn & Missouri Valley

the

of cash on hand,

making $5,373,458

cash of $1,159,422,
at

is

it

just

time that

this

But

together.

managers

the

emphasize

determination not to pursue the policy in

their

*

XLV.

[Vol.

And

tion.

the

action

is

ques-

much moie thorough and

;

HS
decreas-

1886 and 1887.
t

ng

Tlie al)s. rption of the Blair roads in Iowa had the effect of
iiaynients undertlie bead ol rentals, and luci easing the payments

than generally supposed, for not only is $10,762,059 of the credit balance of income account markfid

radical

;

;

announced a few weeks ago, but various other

as

off,

or dividends.
is, with one excepany of the years given, and stands at
after paying dividends at the regular

be observed that the surplus

It will

tion, the largest for

—

$2,612,272

Had

rates.

this

other ways,

company

the

the profits in
it

full,

therefore chosen to distribute

applying theaa in part in

instead of

could have paid about 5 per cent additional on

In other words, the road earned

both classes of stock.

for the shareholders in the late year over 11 per cent on

the entire amount of stock outstanding.

But favorable though

result

this

is, it

doas not show

the full measure of the company's profits on the year's

items which might serve as pretexts for a stock distri-

and which have always been regarded as
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. Tnus the company until
lately carried on its books over 1 1 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 siucd been
held in the Northwest treasury. It was suppostd therefore that tne remaining 11 millions would sooner or later
be treated in the same way, and the new stock, perhaps
bution,

likely to

The accounts of the Sioux City & Pacific and
Fremont Elkhorn & Missouri Valley are not included along with the other, be distributed among the shareNow, however, we are informed that as this 11
in the figures given, and both roads earned in excess holders.
operations.

of

charges.

their

two

companies

As

the

capital

almost

is

stock

owned

entirely

of

the

millions

by

the

decided to reduce

Northwest it is only proper that their surplus should be
added to that of the Northwest itself.
This would
increase

the

$3,319,150,

balance for the year from
the

surplus on

$65-1,876 and on the

Sioux City

$2,612,272

Elkborn

the

&

to

road being

But

Pacific $52,002.

company also had net cash receipts from land sa'es to
amount of $689,589, which would raise the combined
the

surplus for the year to over four million dollars
that is.
the company had a balance in this large amount afcer

r<

presents
it

merely nominal values,

paying

charges and

all

common

dividends at the rate of six per
seven on the preferred

stock and

The balance would have paid 7^ per

of road and equipment on the other side of the
account being correspondingly reduced. Not only that
but the different items of land income account have also

been diminished, so that altogether the aggregate change
very large.
Perhaps the best way to show this is by

Is

means

of the following table.
StaU

of Surplus Account.

Unlssned rhic. & N. W. stock In
Proprietary road tock3.
locoiue account .surplus
Iiandaccouut balances

This Year.

easily be left

If it be assumed that the income from land
proper item to take into the account, that can
out. Butevea then the surplus of
$3,319,150

given above would remain and would nearly suffice to
pay
existing dividends over again.
In brief, on the ordinary
operations of the combined system east and west
of the
Missouri, there was a net profit over and above
charges of
$6,763,6.54, or sufficient to give shareholders over

12J per
cent dividends, but as only $3,444,504 was
paid out,
there was left a surplus of $3,319,150.
Waat

makes

surplus

all

the

more striking

is

that

it

is

so

much

this

greater

than the balance remaining in the two years
preceding.
Thus in 1885 the excess abovedividends was only
$661 878
and even in 1886 it was less than two millions—
$1,955,537.

Here

is

a

summary

I'ear's Surplus.

Parent system (above dividends)
Freinont Klkhorn & ikilssouri Valley

eioazCHy&Paciflc
Total
Ket cash land sales.

Grand

to' al

actually
for the three years.

1885.

1896.

1887

$
•875,699

tl,:»1.507

+2,812,272

121,0;l9

481,4i9
B8,57t

654,876

Def. 35,780

62,00:3

1,965,637

557,890

668,699

680,589

1.218.268

2,6!9,236

4,008 ,780

3,310,150

^ Pe' "tit divldemls on preferred stock, and 7
per cent on
oonmion."
t Above 7 per cent dividends on
rrcXerred, and on common
.In View o£ this wonderful display
of earning capacity
,

i.e ncuoii of the managers in wiping
out several items of

Co.'» treasury.

*
10,009,400
11 2:io,ooo

674.183
2,g9),&38
714,104

11,144,826
3,104,071

14,89i,52B

86.577,797

Thus the apparent

basis for a stock distribution which
over 35^ million dolhrs, is now only

a year ago was

—

about 14^ millions an important differeoce. Perhaps it
would have been better had the managers while tbay were

about
in

it

the

canceled also

Treasury,

the

10 millioos of stock

held

and which as already said was issued

against proprietary road stocks like those now marked
down. But as far as the action goes it is wise, conservajudicious,

tive,

parties

and altogether wholesome.

who bought

Of course,
the stock in anticipation of a "melon,"

will be disappointed; it is not to such, however, bat
to legitimate investors that a property like the Northwest should

Lirge stock distributions (to represent accumuearnings or surplus, or in whatever guise) are
always demoralizing and harmful, but are especially
appeal.

lated

undesirable in the case of investment shares, which ought
to have both stability of value and return, while
such
dividends do not furnish either, but rather tend to cause
frequent and wide fluctuations, and irregular returns.
surplus earnings are

661.878

Last Tear.

t
10,009,701

Total

cent additional on both

Idnds of stock.
sales is not a

has been

cost

;

cent on the

it

to its estimated cost value ($674,183),

It

be distributed in fall, and only
part can be paid ia cash, then it were well that the
remainder be paid in stock each year, and not
a lump
to

m

sum

after

a series of years.

tributing in full

But

as

the policy of dis-

not practicable in this country, because
and the constquent need for
devoting part of earnings to the making of improvemauts
is

of the intensity of competition

—

J

ACC.UST

and
able

that

of

that

the

fact,

at

the last degree desir-

reporting

should

all

surplus

what

abandoned.

We

as

be

Itii

There

which the action

is

No one

criticism.

to be
will

another aspect in

is

commended.

It

avoids adverse

be able to raise the cry of "watei"

the capitalization of the company.

in regard to

In an

on the change of executive heads in the Northwest
a few weeks ago, we adverted to the fact that the manage-

ilfnnil

1886.

1887.

SI

7214
124 >4

I2fl

,ll

lU

^ludik Panldf

V

weitern, coin

H2»«

st.PaHl.com

7.%

M Western

!..

(Vmrai

HI
39

...

IT .Ni'w Jersey

Uerchandisr —

Cotton, Mlddl'gnplanda.a

t>.

10>«

y

B>.

32934

Wool, American

XX

81

«
lia^a
92 ^

122
111

131)

12ri>t

(ill'
11.

184S.

Hlorku—
'•

'

can not commend too highly, therefore, the taking of this
decisive step by a corporation of the prominence and
standing of the Northwest.

161

meet Buoh competition

in

is

it

ficiion of

a surplus

not

is

THE CHRONICLE.

0, 1887.

additions, in order better to

view

in

.

7e>g

127

73

91<>l

10

93)9

83933

3:934
OJ»Zt SO

(ron, Amer. pig. No. 1..V ton. 13 00d>1S50 18 00918 SO 21
Bteul rails at mills
27 00
34 50935 00 <«7
IO1I4
Wlieat. No. 2 red win. 9 busli
85%
Com, West. mlx.No. 2. W built 53%
4'l>«
iiM
Pork, mess
112b»1175 18
Petroleum pipe line oertlUu'it
75'«
6d>4

60«»aoO
79
45%

«M

U00«tl60

«

25916

ment

of

property had never unnecessarily antagon-

this

ized public opinion,

Their

and was held

latest action gives

will tend further to raise

in unusually

high regard.

The following

show the lowest, highest and
and miscellaneous stocks at the
N.y. Stock Exchange during the mouths of Jane and July.
RANOB or STOCKS IN

Albany

Top.ift 8. Fe
Jc Paciltu...

Atlautio

FINANCIAL REVIEW OF JULY.
was

and there was

dull,

than

less

usual to excite interest in regard to commercial and finan
cial

matters.

tions

and

;

practically

in wheat, coffee,

the

and cotton a healthy tone was

forbidden by the existence of such circum-

of a

Stock E.xchange, business was moderate and

&

f ulSUed,

in stocks

durmg

July, but

and there was considerable dissp

followed by realizing sales to a modera e

extent and lower prices.

On

the 20th Mr. Garreti'd

Mlua.

Iowa

loi-

announced definitely that the so-called Baltimore &
Ohio deal with Messrs. Ives, Stayner and others had
This
failed, and the negotiations had come to an end.
was the loss of an important point for the 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 Jane 30 were
particularly good.

A

Clies.

Istpref.

Do

2d

{Jhloaeo

&

pret.

Alton

Do

Chic. Mil.

Do
Olilc.

pref.

& St. Paul.
prof.

* Northwest
Do
pref.
.

Rook Island.
Chlo.
Plttsb.
Ohio. St. L.
pref.
Do

4

0hla.Bt.P.Mlmi.&O.

amount

'20th

A

Ind.St. L. ifeCh.

Wash. &Balt...

Denver & Rio Gr. W.
Des .Mol'ies S: Ft. D .
Det. IliUsli.

& 80.

W

Do
Do
EUz. Lex.

1st prof.
2d pref.

& BigS.

.

Evansvillo & T. H...
Flint &Per,5 Mar. pf.
Ft. Worth & Denv. O.

QreenB.Wm.ife8t.P.

Do

pref.

Harlem

* Tex. Cent..
Qlinois Central
.
Do L'sed Line 4p.o
Ind BI.& W.,a8s. pj.

Lake Shore
Long Lslaud

The following summary shows the condition
and
dise,

of the

New

City Clearing-House banks, rates of foreign exchange

prices of leading securities

and

articles of

merchan-

about the Ist of August, 1885, 1886 and 1887.

8TATI8TICAL

SUMHARY ON OB ABOUT ACGUST

1,

1885, 1886

AND

1887.

LonisTlUe & Nashv..
Loulsv. N. A. & Chlo.
Marq IliugU. & On.

Do

pref.
Manhattan, oonsol..

Ktw York OiUt Banks—
Loans and (Usoouuts
Spejip
Cir^ latlon
Net deposits
Legal tenders
liCgal reserve
Beservu held

383.00l,«00 377,703.100 361,765,700
43,033,300 22,924,400
4,4,9^0,600
94,425,-75 90,141,425
95,750,40(1
98.572.40t'
107,501,500
160.474,500
!j.l30,a75
$ 61,72i,lu0 12.87S,7aa

coupon

BaUroatl .Stocks—
New York Central & Hud. Eiv.
Erie (N. Y. L. E. & W.)
Lake Shore <b Mioli. Southern.

394
4d>4d.

4 85

lis92
3 «9
44'Vd.
4 88>9

4
6

96
36>«

4439 il.

4 HJ

iU2'a
14714

-•

81

•4%

154%

MUw7Lsh.&

West.
pret.

Minneapolis

L.
prer.

Si St.

& Texas..

Missouri Pacltlo

MobUe&Ohlo

148%
6v»

146
58

99

*,J2

15:j

181a

49 1«

541a
1181a
I4714
8514

139

13d

3214

81a

60
1531a
331a

». Y. Cent.&Hud. R.

S.Y.CMo.&St.L.ass.

Do pref, ass.
».Y. Lack. & West..
N.Y. Lake Erie AW.
H.

Do
Y. & New

pref.

Engl'd.

N.Y. N.H.AHiirtf'rd
N.Y. Ontario Jit W...
N. Y. Susq. 4 West..

Do

pref..

130
108 V

* Western..
pret..
orthem Paolno

83T8
9»s

105'8

103

Ohle

Norfolk

Do

Do

<b

pr«t.
Mississippi..

1391a
3239
6838

28
621*
17
14

67

I8I3

7579
271a
-151a

"«o"

50
6114
591a

8

(jia

801a

38 14
714

12

71a

8

15018
IGlia
1371a

152
161><
1451a

47%
lt.38

27%

"sola
29'8

64

99

'94

219
30

138
98

iri20i4

•14
•l3

10

10

25
38

4',i«

18
53

601a

98

94>4

88%

9tia
6813

96

64

57
20

98

90

25

54%
6>9

73
•3JI4
•J
•lOifl

•7

1341a

L5y% 5115

15%

87%
15

88
26
§92

13%
1361a
791a

8514
113»« 109
19^8
17
36I3
31

108
34'8
741a
69»8

30»8

68
451a

220
1714

191a
121a
S6I4

30

21
527*

44%

32%

3lia

10%
15

62 la

58%

30>4

261a

•PrioeeWd. IPriceeaaked,

30% "24^

35
134

26
57

2:*%

12v<^
27

63%

67

16

17

12>4

13%

lHa

I314
711a
251a

20%

lHa
591*

21

10
IU.1I4

46I4
14>4

4379

10

45
10
tJ3

l.ilia

94
18
7
25

124% 121%
94
23% "13"
8

25

41%
22%
58%

58
98

51
90^8

99

9714

9l>ii

68=8

63 '8

59%

9o%
64% '60%

67%

64''8

58

63

88

93%

27
98

•21
•91

161
16
61

§120
14

94
§110% 119

ig's
4719
3216
11014

51

154

35

18^8
U4ia

87

94

441a

738

61%

51

10
87

451a

3t
104

SlSi
5

438

23 a
33

•I5i«

41%
21%

24

62I4

521a

113
143 >a

7

100%

15% 141a
27% "23

45I4
2318
55'8

13*
79

58ia

26I4

225
'28
30
137%1[l23
97
931a
20
241a
221a

•24

47

44ia

133% 126

105''8

49

18

39

1.531a

72

223

117

71a
611a

77
28

2rii4

•921a

4 la

I214

10.59
4138
131a

1-5

§112% 108

6»
24
92

98

5-.i58

19
15
79
14 la

7J
14ii>

I8i3

"47

5

281a

IJifl

E.^sex
Nasbv.Chatt.tfe St. L.

as

6»8

•71a

11%

l(K)>t

9«i4

58

651a
15314
3J>a

&

Morris

7

164

4^8
7I8

*8

59

127>«

8438

10

1818

126
2!<>4

13

Memphis & Cha'ston.

133%
111%

So

12

7i«
IS"*

Mexican Central....
MJohlgan Central...

133 "4
112=8
1221a

28 Is
91>4

UyH

51%
4J

7
10>s

14

Do

.306,309,900 354,327.400 355,294,800
64,271,'200
75,64S,<)00
ll.^,193,^00
8,105,1(J0
7,854,000
9.675,200

—

ir>07,

1887.

60

72 •a
35 14

55

Mo. Kans.

Surplus reserve
H<mey, Exchange, Silver—
Call loans
Prime paper, sixty days
Bllveriu London, peroz
Prime sterling bills, 60 d»yB..
Vniled States Bonds
68, currency, 1898
i'is, 1891, coupon

4Bof

1886.

"o'i%

39

lOia

Manhattan BeaohCo.

Do

1885.

623e

•8
791a

4.-'^

.

E.Tenn.Va.& Ga.Ry.

99
59
50

63 •<

&

Greenv. p."ef.
Col.
Del. Lack, dc West'ru.
D«n.&K. 0.,ae8. pd.
pret.
Do

month.

foreign markets.

•84

12

40

of gold

of the

70 >4
50 «

40^|

10

"IS-n
•49
533e

Cin.

Olev. Col. Cln. & Ind.
Olev. * Plttsb., guar.

115<« §i:oia §itiia
14
11%
14

53
63
80
89
7038
93 >9
S8% 79 le
125% 123
117
143
12 fs 11^*
117
127=8 511918 10)
U9'8 1101*
125% 5U5
148''g
1514 1471a I53I4 *14S
115
137
i27ii
1271a 136 la 1291a 1271a 132

an.

pref.

l-."*

lOJHi

7.<%
36I9

148"
162
140
57 «
98
80 14

^•2-

CiD.

.

York

•13
9

pref. 117
Do
Ham. & Dayfu.

Do

llS's

6%

pref.

was received from Europe prior to Krokuk&Des .M....
pret.
Do
The course of exchange indi- Kingston i Pembr..
Wes'.
L«Ke Erie dc
cated that our stocks and bonds were still going to the
prof.
Do
the

ni"

....

Chic. Burl. * Quinuv.
Ohio. & Ind. Coal Ry

Do

62''8

*7

Ohio

Do

l-O"*

eti.

13

69

-July.-

.

11'.!

99 >i
Q^
50 •«
59
563«
14

Hoiist.

Foreign exchange was generally duU, and rates low.
small

"I4i8

*10

OoLHock.Val.&Tol.

ter

llti>«

Sfg

Central of N. Jersey.
Central Pacitto

There had been expectations

more buoyant movement

these were not

pointment,

Canatla .Southern ....

&

prices generally depressed.

AND JOLT.

Loa- Hwh- Oloting
JaneiO. ft.
eii.
July 3 J.
151
151
\f>->U

est.

Canailiati Paullio....

Ot^ntral

stances.

At

Bost.AN.Y. AirL. pf.
Buir. Roih. APlltsl).
Burl. Cellar R. A No.

Cedar Falls

The money market was fair!y easy, the city banks
showed a moderate gain in their surplus, and stock borrowers had no trouble in getting money at 4 to 6 per cent.
The commercial exchanges were more or less unsettled
by the df-jVction following the collapse of great specula-

iliiy 31.

8u<n

Jc

Atchison

of July

.TITNE

-June,
Cto8ing Lnie- Hiyh' Oltt'g

in public estimation.
RAii.noAns.

The month

table will

closing prices of railway

proof of the same quality, and

them

7ft

53

article

174

98»s

109% 121
SO
14

14
53
17

81

81%

11

*1G
921a
'88
§ll2>a

SO
106

35
18

52%

inn
58

•85
111

11%
50

•13%
81

8b

113% iUe"
13%
17
17
13%
1»%
2'^%
47 °g
40
38% 29
32
29% 24% 29% 25
110% §10413 96% 104% 97
15'8 *14
12
14^ •13%
13703 137
139%
140
76% 83%
86%
106%
113% 109% 106% 110
16H»
19% 18<>9 163g 19%
30%
33%
86% 33% SO
107% 109
109
32% "28^
3478 "32
28
66% 71% 46%
74% 71
53%
40
59% 51^8
221% 230
233
19% "ii^ 16% 17% "16%
12T8
»%
11%
9% 11»S
3i% 30
Sbl>8
33% 29
•15%
20
21
19% I'J
41% 48^8 41%
53% 49
'

33^8
.

62%
80%

32%

33
60

bi

Z83S

} Ex-divliload.

25%

H Ex-rlghts.

34i>a

33

61%
27%

25%

5.s%

—

.

.

.

—Jwnt.

May

Railboads.
Oblo Buutliern

Peo. Decat.A E'vlUe.
nua. & Reading...
PltUb.F.w.&C.ptar.
PltU. McK'sp't & Y.
R(>UB8flaer

& Bar....

28

38>s

26%
32H

47

47 >4

Bigti

351*
91>a

1:0
4

3

32 >s

67%

76
93
23

S9
18
41»s

42

191s

45%

43H

S.Frauclsco.

441s

8318

pref.
let pref.

119

72
112

831s

120

21s

314

3318
7014

91%
19
431s
7514
391s

'1151s

Bout hem PaiifloCo.
Texas AFac., asH.pd.

A

3438

Ohio Cent....

55 14

pref.
Do
A Blaolt River.

Union Pacinc
Virginia SUdland ...
Wab. St. L. A Pac
Pur. Com. rtcptB..

Do
Wheeling

A

pief..
L. Eile.

34%
28
54
122

61%

55i»

42

40

251s

581s

52I3

581s

38

46%

.

29

19
34

17%

3414

521a

56

4OI4

5838

42%

§67is

79

§77

70%

78%

70%

•145
117
•68
United States
Wells. Fargo A Co.... 1341s

American

A Coal.
Colorado Coal & iron
Consolidation Coal ..
Colun). A Hock. Coal
BouiestaKb Mining..

Maryland Coal
Marshall Con. Coal..
N. Y. A P.-rry Coal..
New Central Coal...
Ontario Silver Min ..
Penusi'lvania Coal..
Quicksilver Mining

Do

pref.

Tenn, Coal A Iron...
Vakiods.

41

41

42

•40

50I4

441s

51%

47%

21

21

37
15

46%
15%

4578

16

'28%
70

Co

Phlladeli.hia

* Prices bid.

I

Fract'l cur'cy redeemed
Int.ch'cks A coupons p'd

29%
14%

•15

39
20
30

4678

23

42

15%
11%
22%
69%

11
20

21%

6%

•Vg"'

Nat. Bank notes in process of redemp. .(Asset)

30

39%

35%

30%

79%

84%

43%

5198
§99
4o38
*97

55S9

15

60

De-

day*.

1....
2....
8....
4....
6....
6....
7....
8....
9....
10....

4 84

U...

4 84

mand.

185%
185%

184

185

21...

.

4

85%

S

12.... 4

83%

4 85
4 85
4 85

83%
8a%
83%

4 85-%
8.

83%

4 85-%

83%
83%

4 8n.%

183%

185-%

85%
185%

80

73=8

1,475,961

788,182

Currency and minor coin
redemption account

99%

National banks..

45

92%
37%
•98

148

9U7g

demption account
Redemption and exch'ge
account
Treasurer's transf'rch'ks
and drafts outstandine
Treasurer U. .•s.,aKent for
paying int. on D.Col.bds

Total
(lAahiUty)
Int.on D.Col.bds pd (Asset)

60
days.

183%
4 83%

Net

De-

mand,

July.

4<,

6<,

6»,

1891. 1907, Our.,
coup. coup. 1898,
reg.

1
2

X

8
4

....8.

Our.,

1899,

184

Low.

1b3%

HjI Iday

4«,

1891, 1907,
coup. e/>up.

19

Hoi Iday"

6

July.

reg.

89,394,680

32,664,129

>.263,64»,9«9

5(89,507,^34

43,698,394

40,833,369

112.731'

26,6«1,10«

116.699
26,977,494

72.502,189

67.947,568

—

ioo'

6«,

6»,

Our.
1898,

Our.,

reg.

reg.

1b99,

127%

Character of

Jnter't

Issue.

P'y'bU

109"

43,021.550
622,661,700 115,240,250

Low.

..

Open.

.

1,

•64,628,512

894,166,662 188,261,800 1,068,600,362

.

matures Jan.
1,

250,000,000
737,804.950
171,900
14,000,000
•64,823,612

355,595

1,875,000

1,733,970

2,459,319

66,727
210,000
99,320

36,000
323,117

2,475,613

4,693,040

573

1893 ; 1610,000 Not. 1. 1895 ; $3,680,000 Jan. 1, 1899
1896 19,712,000 Jan. 1, 1897 j »89,904,952 Jan. 1, 1898 i $14,004,860
16,

;

1899.

DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.

i27%

Aggregate of debt on which interest has ceased since maturity Is 16,181,116 ;
iaterest dueand unpaid thereon, $193,885. This debt consists of a number of
items of which the principal amounts are called bonds, the principal item

....8.

High...

Due Accrued
Unpaid. Interest.

Int.
ik

ntal.

t

Jan.

109% X128% 132
109% 128% 132
12,% 131
109
1^7% 131

being $4,125,900 called 3 per cents of the loan of July, 1882,

Clos... 108'8
l;477g

OutstaTiding.

Coupon.

806,978.460

Q.-J.
Is refdg.certfs. Q.-J.
pension
88.
J.AJ.
PttCiflo RKs... J.&J.
1907,

Is

14,320,000 Feb.

31

....

Amount
Registered.

Q.-M.

1891,

i\is

• 2,362,000

12738

30

1887.

INTERBST-BEARING DEBT.

185

Aggregate

25
26
27
28
29

18

(Liabaitv)

.(Lilabillty)

185%

iii"

16
17

306,42ti

82,558,82
2,195

,

24.";.:

127%

636,575
39,519.699
128,069

Aggregate net Asset

^2

l()o78

616,336
2,366,943

185%

109

109%

8
9
10
11
12
13
14
16

.

444,513
4,383,902

Subsidiary silver coin

20
21

;.

1,405

Minor coin

128%

e
7

720

1,800

THE DEBT STATEMENT FOR JULY,

Higii

4%»,

210

{Asset)
Assets not available-

4

83%
83%
18.%
4 83%

Balances

Net balance

85%
85%
4 85%
4 85%
4 35%
4

4
4

5,8211,627

Fractional silver coin re-

OLOSINO PBICSS OP GOVEBNMENT 8B0DBITIK8 IM JULY, 1887.

4%«,

203,940,714

211,065,633
8,871.784
21,905,529

25....
26....
27....
28....
29....
dO....
31....

8,

2,165,039

res'rves.(LuW->ilifl/)

26,761,461

R'nge

4

83,864
8,113,335

2,888,304

.

Net

4 85-%

183%
183%

97,909,054

Disburs'fj Officers'bul'ces,
Undistrib'd ass'ts of fail'd

July.

mand.

days.

185%

B.

De-

183%

13....
14.... 4
15.... 4
16.... 4
17....
18.... 4
19....
20.... 4
21.... 4
22....
23....

....Hon day .
4 84
4 85%
4 84
4 86%
4 84
4 86%
4 84
4 85%

184

60

July.

33,012,991

31%

Ex-rights.

H

5,363,897

13,189,906

'

152

148

337,509

Post office dep't account,

10239

96%
£x<livideud,

335,748

30

92% 99%
37% 47
96% 100

101%
95
147% 157% 153
i

38.376.388
2.366
5,361,031

31
39

123
52

123

124
53
104

61)6%

73%
99%

102

104=8

33,120
1,888,705

13,527,475
1,821

206,106,253

26%

"

31

19,716,500
2,866

Redemp.res'r.(I^l>ii*(l/) 213,933,837

12

24%
"6

1,821

99,320
323,11 H

.

11

•6%

6,115.1«5
190,754

100,000,000

25%
7
34

195,885

D'bt&lQt.netll/iadilitl/)

13

266

1,763,667

K626,lll

Res've for red. .8. notes. ibb,ooo,'o66
Fund held for redemp. of
105,873,096
notes of Nat. Banks
Fund held for redemp. of
83,099
Nat. KOld bank notes.
Five p. cf'nd for redemp.
7,977,642
of Kat. Bank notes

BARKBB8' STERUNQ BXCHAHOE (POSTED BATES) FOE JULY, 1887.
July.

lnt.(I.i<li)ili(]/)

tO'8
11

78%

Prices asked

6,101,1 IS

Called b'ds not raatur'd
ani bulanee of int
Debt bearlnK no inter'st
Int. OQ Pao. RK. bonds
due, unpaid
Acc'dint.,Pac. RR.b'ds

1149

100
124
44

Pullman Palace Car.
Sliver BuUion Cert..

Matured debt
Inter't on matured debt

72

6%

101

2,ai«.208
4,369,923

28%

31
31

39%

70%
135

310,361,203

l.NT.

Interest due, unpaid..
Accrued interest

Debt and

20,018,797
6,934,963
197,046
22.991,303

309,348,563

Balances... .(Asset)

P0BLIC DEBT AND

Debt and lnter'8t.{./ls«etj

42

8,770,000

19,683,740
7,186.318
z;s,^0!
23,493,267

68%
11%

•6%

Consolidated Gas Co. §S5
Del. A Hud. Canal... ii04
Equitable Has h Co.
Oreirou Improv. Co.. "ii"
Oreg'n R'yANav.Co. 101
PaclflcMall
55%

110% 109%

38
20

9.080,000
310,000

8,460,000

22
25
266

33I4

29

150

145
109
66
128

>144
148
1171a 113
-1
•67
•126
137

143
110
68
132

CoalanuMinino.

Canier. Iron

63%

36%

Adams

2S7S3.797

28,093,740
8.810,000
380,000

(Asset)

National Bank notes
Deposits in Nat. Banks..

63

77%

72,455,106

silver in treas y

Certificates issued..
Certiflcates on hand
Certific's, net.(LlaWI«j/)

171a

Tklkorath.
Wefitem Union
£XPBB88.

3,42,),18S

142,118,017

Net U.'^.notes in treas.
Trade dollars redeemed..

32

I714

148.375,800
4,209,659

Certific's, net.(LfaiU«i/) 141,168,141

Net

"si"

19%

215.480,443
115,543,180

(Asset) 216,621.247

Certificates Issued
Certiflcates on hand...

estates notes

36%

211*

211,483,970
3,982,473

6,U«2,3:.6

Total silver

II

186,306,330
ail.528,8»l

Bullion

21
58^4

94,990.087

Netgoldintreasury.

27

3078

30^8
•27
*50

6178
451a

Certific's, net.(L<a6nttv)

1887.

278.101,106
-21,4-6,817
30,261,380

113,088.617
18,098,860

SILVEK— Dollarg.Btand'rd

5II213

3479

31
25
27
34
122

192,868.916
85,782,190

.

XLV.

Balances,

192,l»7,040

{Amil) 887,296,417

26

]19i4§*n2
74
82

AiseU and

Balances.

Liabiltttet.

Total gold

58
•90

36 14
7313

74
95
791s
gdis
78
St F. A Oaluth
U31« 108 14 113% IO8I4 1021* 108
pref.
Do
1171s
§11213
116%
ItiO'^
IXOi^
114
8t.PaiU MInn.&Man
9%
8
10%
Booth Carolina RR..
"30"
311s

and

89,C9S»,b77

Certificates issued
Certiflcates on band.

June 30,

81, 1887.

lAabililUs.

. . .

Bullion

3914

78I4

7314
115>a

GorJ>—Coin..

481s

161

2514

35

7Cia

Atatts

24 14
28

101
161

73

'39"

43%

331s

3UI.Y

58 14
151

58
88
16
39

*88"

*80

pref.

18

31%
26%
31%
35%

150
101
161

39%

•92"

est.

17

47%

I5514

26

[Vol.

Olon'g
July 30.

291s

22
24
28

30%

53%

21s

Borne Water. A Ogd.
Bt. LoulR A.rk. * Tex.
Bt.1.. Alton &T.H..

Do
Do

29>e
34 J4
SB's

170

170
'39>«

pref.

Do

27111

34 14

152

Rlch.i Al. st'k.tr. ct.
Blcliuiond&West Pt

Do

19

19

Omaha A St. L. pref.
Oregon Short Line..
Oregun & Trans-Con.

Uttea

.

—July.

•

lAnc- HigK- Olosing LowJune 30. est.
etl,
esl.
31.

Olonng

Tol.

.

THE CHRONICLE.

162

t. U A

— —

.

DEBT BEARING NO INTEREST.
Amount.

UNITED STATES TREASURY STATEMENT.
The following statement

for

July,

the Treasurer, was issued this week. It

is

from

the

office

Old demand notes

of

based upon the actual

returns from Assistant Treasurers, depositaries and superintendents of mints and assay offices, and shows the condition
of
the United States Treasury July 31
we give the figures
;

for

June 30

for comparison

:

Legal-tender notes
Certiflcates of deposit
Less amount held in Treasurer's cash

Gold certiflcates
Less amount held

$57,180
346,681,010
8,810,000

350,000-

8,480,000

113,088,647
In Treasurer's

cash

Silver certificates

Less amount held in Treasurer's cash
Fractional currency
Less amount estimated as lost or destroyed....

Aggregate of debt bearing no interest

18,098,560-

91,990,031

118,:!76,800

4.2011,63915.321,683

8,375,934-

144,166,141
6,945,749

$801,300,123

—

—
AcauBT

1

.. .. .

THE CHRONICLR

1887.]

•,

BMCAPITULATION.
debt—

lat«r«at*b»arlnir

lUal.

[From our own oormpondaot]

I

I
iM.aoo,ooo

««•

pionctarjjsCCommcrclal^nflXlsUDlcurs

InUnt.

PrlnctptU.

les

LOHDO!», Saturday, July 23, 1887.

TS7.8M.M0
R«f unillnK

171,000

oertlfloRte*, 4*.

N«rr Peimlon fund,

8fl..

Pkolflc Ull. bonds.

p. ot.

..
.

No pronounced signH of a

u.oao.ooo

M.eas.6is-i .otia.)ioo.s69

Debt on which Int. hu oeaaed
Debt bearlntf no Interest

times are again talked
centres business

of.

04.000.087
144.100.141

0.040.749- eousoo,iw

601.800,193

1.681.496.1
1.674.001,600
Total debt
Less cash Items sTsllable for redaotlon ot the debt. ...(«I1.U».703
100.000.000 $861,148,703
Less reserre held for redemption ot U. 8. notM
.

Total debt, less STallable oash Items
Net casta In the Treasurir

1.8»).989.4iiA

Debt, less cash In theTroasary. AuRUStl. 1887
Debt, less cash In the Troasurr. Jul; 1, 1887

1.974,083319

orders do not

come forward with

and yet trade

is

want of heart

now

not

There

glements.

Values of raw
amount of steadinem, bat

the readiness anticipated

for the time being at least, a distinct

is,

—a fact about equally apparent in the produce

1.27«,««»,737

4,841,891
4.844.894

The railway

and stock markets.

traffic

tain

much evidence

of elasticity.

the holiday season,

WEEKLY RAILROAD EARNiyOS.

It

is,

For the fourth week of July quite a number of roads report

—

—

year.
Decrtate.

Jnertate.

S
Atlantic & Pacific
Buifalo N. Y. & Fhlla ....
Buffalo Koch, ii Piltso...
Cairo Vlnceimes <k Cliic..

46,217
78,300
52,-93
17.772
327,000

OanadlaD Pacltic
ChlcaRO & Atlau tic

60,4.51

CliicaKO lV EAHt. Illinoig..
Chicago Mil. (& St. PaiU
.

Clilcago & West Midi
Cln. iDd. 8t. L. & Chic

.

Mar.etia

.

A

Clevelaud

33.;»24

Denver & Rio Grande....

Det. LhhsIuk & Nortliei u.
Evansvllle Jt ludia'polis

EvansviUe & i erre H. ..
Ft. Worth &. Denv. City.

Ind. Bloom. & Western.
KiQKStun & Pembroke

X.OUK Island

Louis V. Kvansv. &8t. L..

& Nashville
>f. Alb. 4 Chic.

liOuisvlUi-

LouisvUle

Uaiquette Hough. <& On.
Mexicau Central
Mllwaukie L. rt. .s West
HU waiiket; ii. Northera
N. Y. Oiiiario .k Western
Hortolk & Western
Nortliem Pact tic
Ohio & MisaissI pBi

.

. .

Peoria Dec. <Nt EvansviUe.
St. Louis Ark. & Texas...
Bi. I»ui8 & Sau t'ran
St. Paul Ji Diiluth
Tol.

Ann Arbor >t No..Mlch

Toledo

&

Ohio Central

...

Wabash WoHtern
Wheeling

Jt

Lake Erie

Total (3S roads)

Bet Increase (2-30

For the

As regards the revenue
Exche<jiuer

from April

returns, the

1st to

July 16th

3rf

66,873
5,940
233,000
27,250
6,761
24,616
17,497
57.611
5,665
99,221
22,000
442,720
62,805
50,300
104,210|
100,1601

22,153
48,721;

73.441
394,710

Cin. N. O.

U

&

Pitts....

& Texas

Pao...

Alabama Great So

New

Oilcans

i

N. E....

Vlckslinrg ct Meridian.
VickslinrgHlircT. A Pao.
Florida Kway & Nav. Co.

Grand Trnuk of Canada..
Houston A Texas Cent...
Kansas City Fort 8. A G.
Kansas City Spr. & .Mem.
Kan.sas C. Clin.

"6,6'l)0

41,889
41,250
671,243
38.300

18,562

A Spr

Keokuk A Western
Memphis A Charleston..
Minn. A Northwe.Htein...
Toledo Peoria.

AW

Total (71 roads)

Net increase (12-96

611
120,213
4,376

358

67.2 J

—

last year, when one day more was included namely,
from April 1st to July 17th— the receipts were £23,934,061.
However, allowing for the extra day, this year's payments

may be taken to show an excess of, roughly, £130,000. This is
not much of a gain for nearly one-third of the financial year
still it is some satisfaction to know that such items as stamps,
;

21,821

463

p. c.)

examination of these

statistics

say nothing of the Chinese schemes.which, unfortu-

still

remain in nubihus ; but they have not up to the

present brought our iron trade into a state of real animasteel

we have a good

deal to contend with in the competition of

American and

tion.

2.3 '5

times.

importance, not only in America, but also in India and Australia, to

Of course,

in the case of iron

and

7,614
1,202

generally

more prosperous

We are holding our own, and that is about all that can be said.
We hear a good deal of contemplated railway extensions of

2,967

10,958

low prices at
which contracts have to be accepted but somehow the trade
does not seem to possess much real elasticity. While we do
not hear of any serious commercial embarrassments, confi-

German producers, and

3,971
4,341

that accounts for the
;

934
17,153
19.052
3,934
1,295
16,723
23.350
4.501
3,474

63,377
189,400
48.475
13.088
26.7o6
20S,026
19,374

46,4»2
143,079
42,80»,2i3
21.983
167,398
18,178

17,095
45,72
8,667
3,835
4,7^3
40,428

3,748,453

3,656,848

279.823
91.606

final

An

Customs.

certainly does not bid us prepare for

nately,
9.986

show an expansion, which is
though absent from those

also apparent in the excise receipts,

1.821

7,7cil

211,179
b7,136
7,224
27,.') 83
6,539
63.235
4,463
96,916
18,029
438,379
63.527
49,366
87,037
81,108
18,169
47,42o
56,719
418,060
86,91 1>
27,1181

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 be expected
to mend. A fair wheat harvest seems to be calculated upon
in most of the important grain-growing districts in the Old
and New worlds, and we shall therefore continue to have a
;

1

while at the same time there is an abundance of
But whatavailable for all legitimate trade purposes.
ever change may be imminent in the present position, it can
hardly take place until after the holiday season.

cheap

l.lJb

188,218

statement shows a gain of

loaf,

money

The money market has been quiet. A certain amount of
was caused by the inquiry for gold for South America, but this is only an exceptional operation, and will not
exert a permanent influence. Short loans did not make more
than )4 per cent. The feature in the Bank of England refirmness

1887.

9
Prev'lyrep'tcd (34 roads)
Atlantic <s Pacific
8t.

'i',942

71 roads.

week of July.

Chicago

13,554

2<,644|

»2.:i.50

week our

on

5,800

payments into the
were £33,^54,393,

whereas

of

19.241

321, uOO

p. ot.).

tliird

12'96 per cent

40.639
551.000

26,976
84.100
39.239
19.714

we

be partially due to

but on that point only a conjectured

Post Office and telegraph service
1886.

indeed, clear that

may

opinion can be entertained.

a decrease in earnings no less tlian fifteen out of thirty-eight
and the ratio of gain for the whole thirty-eight is only
about 2% per cent. In the main the explanation of tliis
less favorable showing is that last year we had a very large
yield of winter wheat and the movement to market wa.s
heavy this year the crop is smaller and the movement t<i
market light. In addition moreover there were two Sundays
in the fourth week this year, against only one Sunday last

1S87.

returns are unques-

tionably not satisfactory, and the revenue returns do not con-

have met with another pause, which

0/ July.

Speculation has been

in business transactions.

further curtailed

;

disturbed by fears of political entan-

4S,a«8.0»«

Decrease of debt during the month
Decrease of debt since June 80, 1887..,

4/ft tceefc

and sUck

certainly not animated.

is

material are fixed with a certain

8.400.000

ourrencjA.

of proaperitj

1887,

In the leading manufacturing

s«0.mi.oi«

Silver cortlflcates

wave

return of the

ha^e thus far characterized the closing half of

6.8a7,oan

19ft.H8S

&7.l3i>

Old denittnd notoi
Leskl tender notei, &a
CertlBoates of deposit.
Gold oertlDoates
Pnictloiial

0.101.118

7.1118.633 1.073,709.015

3,174,199
50,610
104,-.'86

56.395
23,929
7,561
7,511
7,1.32

15.332
366.696
53.640
47,437

1886.

9
2,841.657
31,462
87.903
5?.930
16.972
6,582
7,197
5,333
14.853

340.987
48,4«9
33,302

43,9116

•2*,2zb

4,202

17,861

4,682
5,323
24,387
6,943
15,519

4,036,103

3,574,726

4,(185

30,804
21.507

lHCre<ue.

«
374,576
19.148
16,383

Deereaie.

$
42,034

6,937

979
314
1,819

480

*-•*.'.-_

6,417
14,564
2,342

608,764
463,377

by a loss of £25,792 in bullion, that deficiency being rather less than the sum exported. Practically
as
the proportion of reserve to liabilities remains the same
The amount
last week, namely, 40-85, against 4055 per cent.
of the reser^'e is now £13,047,323, and the stock of buUion
partially contracted

479
25,7t9
5,171
14,135
10,771

is the increase of £905,990 in other deposits, thereby
raising the total to £27,751,600, being £2,800,000 more than at
The reserve has gained £190,803 on the
this time last year.
week, owing to the decrease of £216,595 in note circulation,

turn
2,535

45,387

re£22,421,313, showing gains of £1,500,000 and £2,820,000.
During the present week about
spectively, over last year.
£600,000 gold has been taken for Buenos Ayres.

The

rates for

money have been

as follows:

,

THE CHRONICLE.

164

for,

int«Tert olioiop''
/or deporttJ bi

Open market raU».

Tra>te B*H«.
Diac't ff'«
Joint
At 7 to 1Stock
Six
r<nir
Three
Six
tour
TJirM
OaU.
Mont)u\llontlu\Montht liorUht Month* liontlu Banke.

July

2

1

"

8
15
22

"
••

1«02«

~H
H

1

-1

1

-1

2'<(®2>4

1
1
1

®21<

1

®2>^ 2X.»2Hi
®2>6 2Ji33

1

-1

1

-1

1H®2
1«®8

JnoelT
" «4

W92X

a2M

lli®

-

lS^*l«'l«®2

a

—

13<m2

j2

1M9 -llM4 - !(^a-lJ<'S2

'2

The following return shows the

!2

18S7.

1886.

£

£

25,123.09<J

•*h«r!>llls

Bank of

Other deposits

Qoremiuont

securities

Other securities

BMerreof

4.007,1)38

4.084.716

5,703,845

5.808.328

S4.!'.'iO,54H

33,103,t^67

26.833.832

17.190,081

1J.54B.530

17,070.801

13,579,571

19.539,02i

19.91)7,247

22.304.659

22,210,619

13.047,323

notes tind coin

25.741.750

25,10),2.'i0

25.309.410

ll,?4:i.l37

was £97

138. 9d.

per

an increase of £620,000.
The Bank of Ireland has just declared a dividend of 5^ per
cent for the half-year out of an available balance, including
£4,043 brought forward, of £157,675, carrying forward £5,367.

-1

27.751, BOO

PnbHc deposits

price

Tenders for £1,500,000 Treasury bills will be received at the
of England on the 29th inst. The amount now maturing is £880,000, issued eai-ly in May last— three months' bills
at an average rate of 18s. per cent. There will, therefore, be

&c.
England, the bank rate of discount, the price of consols,
years:
three
past
eompared with the

Olroulatlon, excluding 7-<l»y and

The average

Bank

-1

position of the

full.

cent.

Bank BiiU.

IiWidon

and above in

XLV.

[Vol.

17.E16.545

I4,.'iB0.885

28,870,775

24.535,635

Messrs. Antony Gibbs & Sons invite subscriptions for 60,000
shares of £10 each, at par, and for £1,131,375 6 per cent debenture stock, at 96 per cent, of the Midland Uruguay Railway
Co. (Limited.) Tlie prospectus states that the National Gov-

ernment of Uruguay guarantees for 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
the debenture stock.

The Commercial Colonization Co. of Manitoba (Limited) is
formed with a capital of £400,000, one-half to be first issued
lOOJfi
101 11-IOJ.
WH
101)^
in £10 shares, to acquire a large extent of land from the ManConsols
91,309.000 W.8-il,0(0
138.351.000 134.22l.00(
Clearlng-HQUse 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 follows:
22,421,313

Colo and bullion
Beserre to liabilities

£ank

10 S5
2

rate

p. c.

21,102,547

39^

p. c.

2^

U% p.

p. c.

44Ji p. c.

0.

2o.c.

P.O.

2

p. r.

LOCAL.
July

July XX

22.

July

Jidy

8.

Prince's Mansions Co. (Limited), £100 5 p. c. Ist M. debent'e. £400,000
100,(100
"Metropolitan Miiieral Water Co. (Limited). £1 shares
•Kdghn.stott Brewery Co. (Limited)— Birmingham— £1 ordi-

1.

Botsse/
Ifkt<rMtat

Bank
Bate.

Pull

3

Berlin
Frankfort.

3

Amstordam-...

3
8

S
3
3

m
\%
2M

3

s%

3!^

4
4
5
3

4

3
4
4
5
3

4

Petersbum..
CopeDhasen...-

5

5
3

Messrs. Pixley

3

3«

& Abell write

Open

Bote. Market

2«

t
4
3

Bank

SM
3«

Hadrld
Tlenna
fit.

Open

~S

m
m
m

3
8

Eamburx

Bank

Oj>«n

MarUt SOU. Market

SK

3H
5
3

Bank

Open

Bate.

tfurlcet

3

2«
iH

m
m

3
3

1«
2«
2M

iVi

2

3

2^

4

4

4

3%

5

4
5
3

sliares

70,000

-

-Blrmiagham— 7per cent
30,000

•Edsnastou Brewery Co.(Limtted)— Birmingham— 5 p. o. deb's.
shares
( 'ole's Paten 1) (Limited). £1
Loren/. Ammuniiion <fe Ordnance Co. (Limited), £5 shares..

2,'5,000

60,030
250,000

•Oisidino

3

3

nary

'lidglia^ton Brewery Co. (Limited)
liivferred shares

"

To

aeiiuire existing business.

FOREIOV.
Central Borneo Co. (Limited', «l shares
Midland Uruguay Railway Co. (Limited),

do

5

do

do
do
issued at 96 percent

3

£100,000

£10 shares
6.

p

600,000

debentures,

c.

1,151,373

COLONIAL.

as follows on the state of the

Commercial Colonization Co.

of
is^ue (beingone-half of capital),

Manitoba (Limited),

flrgt

£10 shares
£200,000
Business in wheat has been very qniet, but the market has
not been devoid of a certain amount of steadiness. It is a
feature favorable to holders that the market should exhibit
India.
The fresh supplies offered in the markets have been
Silver has improved to 44',, d., following the rise In the Indian Ex- firmness.
changes, and assisted liy the hiKh rate ai whleh the India Council Wt re fairly good.
Foreign imiiortations have been quite up to the
enabled to sell their bills yesterday. The only arrival of importance
has been a')8, 000 from New York. The Peninsula
Farmers do not
Oriental steamer average, but home deliveries were not large.
has taken *»i5.000 to India.
Mexican Dollars have t.illowed the rise in sliver, and In the absence appear just now at all anxious to force sales, notwithstanding
Ot supplies tile price Is ti-diiy (inotel at 43 "ad. per ounce.
the splendid weather for the crops. Values are certainly
Tlie quotations for bulUon are reported as follows:
keeping up pretty well. The imperial average for last week
was 34s. This is certainly Is. 4d. per quarter less than a
GOLD.
SILVER.
Iiondon Sttmiari. JxUy 21. July 14.
London ^ta?idard. JAy2\. July 14.
month ago, but is 6d. per quarter in advance of the price
>.
d.
«.
quoted at the middle of May. The average price for the sead.
A.
d.

bullion market.
Gold has continued In demand for Germany tUronghout tlie week
Tne exporl; to New York ceased aftor tlin departure of last Tliursdaj's
steamer. The arrivals comprise £7,0()0 fro:n the East and iSl.OOO rnmi
the Cape. The Peninsula &, Orl'Utal steamer has takea iSlO.oOO to

.

<!t

BarRold.Sne.. .01. 77 9
Bar ttold, oontaln'g
aOdwts. sllTer.os.
10

n

77

»

77 10

Biian. doubloons.oi.

Sarsllver
01
BarsllTer.oontalnIniz 5 gra. gold.os

41 7-18

44 1-16

44M

44 7-16

Cake silver
01.; 47 15-16
^exloun dnls, .,o«.' 43J^

B.Am.doublnonR.os.

47S4

.....

Tl^^ Crown agents for the Colonies have placed the 4
per
cent loan for the Government of Mauritius at an average of
£100 9s. 2d. per cent. The rates varied from £100 (the mini-

mum)

to £103

IHPOBTB.
1R86-87.

per cent.

Tenders at £100 7s. 6d. receive
about 90% per cent, and those above that rate in full.
Is.

son is 33s., against 30s. 8d. per quarter last season, or 2s. 4d.
per quarter more. Farmers, therefore, must have done better
over their wheat, and that will be some compensation for
their losses on barley and oats.
The following shows the imports of cereal produce into the
United Eangdom during the forty-six weeks of the season.

The invitation for subscriptions to the £4,000,000 5 per
cent
preference stock of the Manchester Ship Canal does not
appear
to have met with a ready response. In London,
so far as can
be ascertained, the subscriptions have been few
and far
between, and although the scheme has met with better
success
in the provinces, it is understood that the
aggregate of the
applications is only some £3,000,000, or one-half
of the sum
required. The shares are nominally quoted
at a fractional
discount.

Wbeat...

...owt. 4,'5,9S1,348

Barley...
OatB.....

l.'),076.2,'>0

Beans
[ndlanoorn
Plonr

ing from the

September

of £96 to £98

88. will

and

to the £50,000 Wellington Harbor
Board
per cent debentures reached a total
of £59,400, at prices

"''^ minimum
TJ!°f
A^"""""
at £9, lOs.
will receive

12.(j66.2<55

».3So.8.'5,'5

2,:5£0.6«6

!,«26<)iSt
2,797.;<28

l,786,5ti4

1,.')44,784

2,299,249

3,1:4,)M3

26,6.'52,.'S59

27.3.?i,7i^0

21.

3-', 717

2,763,312
2^,277.471

15,204,944

12,606,995

l.'i,

130,111

13.3,S1,6J8

of £95 10s. to £100 5s. Those
about 85 per cent of the amount apphed

11.270.6;)4

1):

....

Aver. i>rioe wheat
Aver, price wheat

Wheat

81,6i8
37,488,807
13..

14:i.000

Baize

41;*.l>00

134,000
371,000

flour

and

X'^HTt.

HJ.OOO

2,037,000
14i.000

3^2.000

384.000

1,33

Flour.equal to qrs.
urs.

1883-84.
45, 139. -82

91,026,955 95,245,017 102.504.368 96,311,317
1386-87. 1885-86.
1884-85.
1983-84.
week. 348. Od. 31s. Od. a3a. lid. 37s. Id.
seison. 338. Od. 30s. 8d. 33s. 2d. S8s. 7d.

The following shows the (^lautities of wheat,
6d.
Tenders at £97
amount applied for maize afloat to the United Kingdom:
This week.
Last week.
1886.
average was £97 4s 7d'
qrs. I,87ri,o00
1.934.000
i,000

The suUscriptions

4%

la.C53,724

Is.

receive about 90 per cent of the
those above tliat price in full. The

per cent.

1883-84.
4.';.139,S-i2

15,d67.170
ll.4iO,9;5

1886-87.
1885-86.
1884-85.
imports of wheat.owt.45.P81.348 41.140.B23 49.7»i3,7.
15.201,914 12,h06,99S 15, 30, 11
imports of flour
teles ot home-grown. .29, 84 ,663 38,497,399 37,610.557
Total...

minimum

1884-8.'»

49.7t;3.7<)0

Supplies available for consumption (exclusive of stocks on

The tenders

for the £300,000 Cardiff Corporation
3}^ per
cent redeemable stock amounted to
£830,100, at prices rang-

1885-8fi.

44.140,623
9.S24 (JXO

EBKllsb Pluanctal inarReta— f«r Cable.

The daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending Aug. 5 :

.

:

:

Avavsr

6, 1887.

THE CHRONICLR

J

ax.

JjonUon.

d

BIItbT, ii«r 01

C iiiaolH fiiriuoiiey
Connoln for ttoeonnt....

C'aOHftliftn

PurlMo....

Cbi". Mil.

,tiHI. I'aiil

...

8s

126

K«adln»i

27

.

Pliiiivl,'ii.i>i».«

YorB llnotral....

..

44»a

Wed.

TAurt.

44 <g

4414

44I4
IO1I9
101 >a

lOlM,,. 101»„
lOlH,, 101 »»

44%
t"l'.«
101',.
8l'J2>«
112>4

8l-27>«8l-37>« 8l;i7ii 81-3.0

Ul\

lll\

I3u>e
87i«

130>«

83

84>8
31>4
1211^

SRI9
H43g
31>t
12H>«

S7:i»

ftfi'8

Double oaglea

28>8

28 "B

BaftlM

126 >«
87 >«
28 >9
111

.'i7'4

111>«

:

lll\
87 'a
83>g
30>«

SO>s
I2H19
8718
27»i

110%

165

CoiNAaB BV Umtkd Stateh Mi.vra.— The following iit«t«ment, kindly furiii.shdd us bv the Director of the Mint, ahowa
the coinage at the Mints of the Uniteil states during tlie month
of July and for the seven months of 1887

130%

n

>9

30^

fvrit*, ooiiuiion HTook....
rillMniB (-..ntrol
roi'it.'\u :iift ...... ....

Futt.

ifcm.

44Sg
loiii|a
I01ll,«

Fr'oli rcutcB(liiriirls) fr 81I7«4
i:i!H
U.S. 4'«i..)f 1-^01
1.")<•'«
U. ». 4(1 of 1907

New

1

.

Seten Uonths o/ 1RS7.

Julr.
Fleets.

80.ni)0

inb'.ooo
i>00.00^

172,000

54

1,000

4 16,0 to
1,778,041

4.4 I0.4f
H,8i>0.2IV

85
67
493

25.%

Three dollars
Quarter eagles
l>ullars

Total gold

NATioiJALBiNKS.—The following banks have recently been
oricanized

CaoUal, ^50,000.
PI rAt'Nittlonil Rank of Esnanabn. Mich.
Ci.vcU C. K)yrt>, Pr.8l.lent; Frank C. Buck, Cidliler.
of Hilltboro. T^xas.
Oftpltal,
8,7tiJ— Tho K.iiinera' Niitloiiiil B
lfi>O.OO.i.
.1. D. "Vinr.-n. Piesirtent; K. P.
Efirliuioii, Cd«liUir.

3,761— The

mk

FiiBt National Bank of Uriiovo, Penn. Oa ilta
$iO,JOO.
Jaiiics A. WiUliiinaoii. Prisldent W. U. 14-llli'y. Ca<liier.
3,761—Tlin Piano National Bank of Piano. Texas. UapUal, i^ jO.OOO.
Gci). \V. Bowman. I'cuairti'n';
Ca«hler.
3,765- Till- Flist National Bank of Urcwuvl'.le, «!«<. I'apltal, $100,000.
Janip.s K Ne>:iis. Pfi'.sidont Tlii)mis Mo'int, CihIiIit
3,760-Tlip Hryn Mawr NatlonalBank. Poun. Caoit»l ^^lO.OOO. Hiiuilum EulxTt, PreHldunt; A. A. Cailwallailur, Cashixr.
8,767— Tim liioniaavillo National Bank, (Jtorxta. 0.i|iltal. $100,000.
James A.. Unindou, Ca-liier.
e. I.. IlayiB, Pie.ildeut

3,763— Tlir

HtMidard dollars
Half dollars
Uaartor dollars

1,360,000 2,224.781

13.352,605

600,000

600,000 17,900,470

17,906,170

470
470

2j5

5,02.5,301

802,5:10

600,000 22,932,711

18,409,383

7,721.112
1.X21
21,162.313

386.058

Olmec
600,000

Total silver

Five cents

,

.

;

GOVEKNJIKNT REVEaiUE.
retary of the Treasury,

—Through the court'My

of the Secare enabled to place before our

we

Ceadera to-day the details of Government receipts for the
month of July, 1887, ihe first month of the new fiscal year.
The figures for the corresponding period of 1836 are givrn for
comparison.
ISST.

1886.

1

000> OmUttd.

1

Jnly

18.211

InUr'lMUc'ls

Tbtai.

t

»

»

1

30.815

8.S.S2

B.TfiS

17.899

Held by National Banks.—The

U. S.

Description of Bond*.

38, Act Jul.r 12, 1882....
Currenojr 6s
4>i per ounts
4 per cents

»
2.858

9.480

is

1,

1837,

Sank

Public Depusits
in Batiks.

Oirculation.

$750,000
175,000
9,694,500
15,987,500

$1,349,3)0
3,176,000
69,0>9,500
115,S90,950

$3,883,075 last

to

for

20.fl37

Secure-

Total Beld.

131,878,450
$216,052, 'jOO

Legal Te.vders and National Bank Notes to

JMi'lmer'dlse..

Total
Since Jan.
Jry Goods
Total

..

$7.9)1.132
*fi;,7tf 1.303

*70.77l,6«

18-J.693,-.i92

161,-J19,715

193,533, Jo2

201.723 831)

June

I.

1984.

898,658

785,360

Uquld'K hk.t.

$107,334,41.3

$3,794,821
3,228,140

433,319

Total

$5,830,561
172,705,509

1,

July

8,9U6,171

8,809,-.i.:6

812,256
8,562,620

actof '74.*,91,950,11( 94,120,719 93,397,231

30 weeks. *179,53

$7,340,027
169.415,921

!,070 *190,130.357 $179,929,990 f 175,755.95 J

The following taole shosvs cne exports and imports of specie
New York fur the week eadini< July 30, and
1, 1337, and for cna corresponitia^ periods lU
.

ij

IMPOSTS Or HPBOIB AT

HBW

TOHC.
Imparls.

eoid.

Since Jan.h

Wuk

$500

*89.018

3,150
,.

8,460

17,>557
9t.«,10
2,:!4;,017

2,000

'.gush -Aniei-loa
ill other countries.

23,330

2,200'.10-i

1 HO.)

»reat Britain
•'ranoe

1.

August

454,739

^>,440 $6,071,361

r-tai 1897
Total 1S86
Total i8^5

23,565
18,900

30,964.072
6,32J,163

$26!!, 100

$5,218,070

$355,2.".

'.•lineeJati.l,

«2. 177,704
l,5li7,li»5

1,413,79'^

5,990

365,1

11
13,:; >7

3b,0.;2

1.6.:-.

.824

6.690
176,179
!;6.914,

*7,00S,1^H
3,liH,162
5,836,395

Silver.

ireat Britain

France
*«rm«n.Vest [nd'es

..

1.

$

773,927

810.5(11

8,289,77-.i

8,l.'Oj,541

98,268,714 97,892.0.2

10,750l

6J4,rj23

2.U50
I8,'i4d

116,040
139,213

5,941

16,89
50,305
33,619

Inxloo

Math America
411

other coan tries.
local 1887

Total 1886
Total 1835

!lOl84<945 103715305 1027921.57 107,334.413 106901091
12, 188i.

1897.

$7,331,671
171,594,J09

at the port of
since January
Iq86 and 1335:

$100,901,091

Rea'c-'g U'ldr

and July

1996.

IfSS.

I

for the -week. .
"rev.re ported..

Vest Indies
lexiuo

$
Insolv't bks.

20, 1874,

rosK fob tsb vbiik.

iermauy

According to the above, the amount of legal tenders on
deposit Au^ut 1 with the Treasurer of the United States to redeem national bank notes was $108,901,094. 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 hrst of eacn of
the last five months:

May

.$217,8 i6,2Jl #250,319,5 rO«272,498,5-l-J

itxpoars t-KOM neiw

'Circulation of national Kold banks, not included above, $249,734.

1.

$10,080 297

$7,355,644

*5i,970.576

2,759,231

$276 204,523

..

H97.

$9,437,224

Week.

3,363,511

l^^^6,

i2,33i.337
5,5i3,307

Exports-

deposit to redeem national bank
noles AiiKUst 1, 1887

April

HEW TOBK.

lu our report of the dry goods trade will l>e found Che importa of dry goods for one week later.
Tne following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
'reek ending August 2, 1837, an 1 from Januiry 1 to dace:

Amount on

Juno

Tue

««P,006,007

30 weeks. *254,699,299

$278,953,734

Legal Tender Notes—
Amount on doportit to redeem national bank
notes July I, 1887
Amount depoHitid during July
Amount ro-isuued &. b'nk notes retli''d In July

of

two weeks previous.

1.

ten'lmer'dise..

$604,280

Amount outstanding August 1, 1887*

•Act

.-IT.aiS.aj'J

$3,12 %073
5.312,151

BXFOK7S

by—

32.362.892

18d4.

Ory Goods

1

Total

week and

We'.k.

$2,099,3 .0
3,351.000
79,724,000

* 189.4 15.8)10

National Bank Notes—
Amtiilui ouintandlnK nlj 1, 1887..
Ainouol la^ued duting Jnly
Amount retired during July.

De/tosits

600,734

54,142.76-)

following are the imports at New York for tiie week enlia^
ifor dry goo<!a) July 3S, and for the weeS ending (for general mercbandise) July 29 also totals since the beginning of
the *iret week in Januarv :
»OKP1105' IMPORTII 4T

Aui^uso 1. The Comptroller of the Currency has furnished
as the following, showing the amounts of national b.mk notes
July 1, together with the amounts outstanding August 1,
and the increase or decrease during the month; also the changes
in legal tenders held for the redemption of bank notes up to

August

29.li?5.276

IitPOBTs AND EXPORTS FOR THE Wkbk.— The imports of last
we^k. compared with those of the preceding week, show an
increase in both dry goods and general meroliandise. Tlio
total imports were fl0,0«ij,2i)7, .-lyraiuat |S,:i92,GT3 the preceding week and $8,126,856 '.-vo weekn previous.
rh« exporC4
for the week ended Aug. 2 amounted to f 7,340,0,'7, agaitlst

»

1

following interest-

Bonds Held Augunl

$2»i,607.000

Total.

—

l.ft'lO.'MI

55
214,623

NoTB — T he snail colnnge of standard silver drillari during tha
month of July isdue to tht- xhuttliig dowu of Ibn Mlit at Pldiadeiphla
lor ueoess aiy repairs. Oicraiioiis liuve now been rt'&umod.

tiev'ut Sourc'i\

toina,

ing statement, furnished by the Comptroller of the Currency,
BhowB the amount of each class of bonds held against national
bank cinnilatiou and to secure public moneys in national bank
depositories on Aug, 1. We gave the statement for July 1
in CHR0N1C1.E of July 9, page 44, and by referring to that
the changes made during the month can be seen.

Ghanqes

822.000

118

;

Ou*tonu.

Bo.VDS

Total minor
Tot«l oolnacce

167
493

222,000

;

;

Vaiut.

Fltett.

9

U2I«

Hi's

Val'xe.

<6.208.993
e,2i8,G52
10,334,170

$210,692
1,37S
14ti,715
2,'J18

3-0.074

2,965

3J,650

199,096
331,955

$36,533

$l,3-.>3.929

51.4-2S

«.!,3»7

937,973

16,671

1,094.2-9

Of the above imports for the wee« m 1337 $3,900 were
American gold coin and |3,975 Am-rioio silver com. Of the

sime time $8,4a0 were Auiaricaa gold
American silver coin.
United States finb-Treasury.—The following table show
the receipts and payments at the Sub-Treasury in this oisy, a
well as the balances in the same, for each day of the past week

exports during the
coin and |'3,6.J5 were

:

THE CHRONICLE.

166

Balances.

PaymenU.

BectiptM.

Dale.

Coin

Coin.

9
JulT 30

1.03fl,3«3

^^?l\
"
3
"
*l

1,690.7131

•'

Tot*l

5|
I

1 434.706il34.998,110
l.U4,6?9'l3,=>,051,.'596,

I,e40,7ci6
987,«>71

1,136,708 ) 35,011,279
1 0»2,173 135,07d.436
1,343.908 134,841,751
1,086,422 134,791,617

8.627.133

7.23S,574.

1,944.829
1,313.671

Oeri't.

12,300,692
12,78H.773
13,537,334
13,666,<U0
14.18S.697
14,188,059

12,529,929
12,533.411
12,«31,S93
12.65!),4.i7
12,6fi7,<J35

12,632,956

Secretary Fuirchlld's Offer to Prepay Interest and Purchase Bonds.— The following is a copy of Secretary Fair-

Wednesday of this week
Tbeasury Depabtmknt, Office of the Secbetaey,
WASHINaTON, D. C, Aug. 3, 1887.
:

amount as may be necessary

The St. Louis Alton & Terre Haute
the new company.
Railroad Company will lease the Chicago St. Louis & Paducah
Riilroad for 980 years, at a rental of HO per cent of the gross
earnings of the latter company, with the guarantee of a
minimum rental sufflient 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. Stockholders of the St. Louis Alton & Terre Haute aro offered the
privilege to subscribe, pro rata, to their holdings of common
or preferred stocks, for the first and second mortgage bonds
of the neiv company, on the following basis Each 100 shares,
on payment of $2,000 cash, one block of $2,000 first mortgage
30-year 5 per cent gold bonds of the Chicago St. Louis &
Paducah, guaranteed, and $1,000 in the second mortgage income 5 per cent bonds of the Chicago S:. Louis & Paducah.
:

}

f

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, 1887, on the 43^ 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. Applications
for preoayment of interest on registered bonds may ba 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 department 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,t)94 of the Revised Statutes, proposals for the sale to
the Government of United States i}4 per cent bonds of 1891,
acts of July 14, 1870, and Jan, 20, 1871, to be applied to the
sinking fund, w ill be received and opened at the office of the
Secretary of the Treasury, in Washington, at noon on Wednesday, Aug. 10, 1887, and on each Wednesday thereafter
until further notice. Proposals should state the specific character 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 payment 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.

By

C. S. Fairchild.

Central of

entire capital stock of the new company, except such
to fill lojal subscriptions and 50
per cent, or $500,000, in second mortgage income bonds of

pany the
Ourreney.

.1.

child's notice issued

fVoL XLV.

New Jersey.—This company

gives notice to the
holders of the adjustment mortgage bonds that out of the
total issue of |5,254,000, dated May 1, 1878, 14,569,600 have
accepted the proposition of the company, leaving only $684,400 outstanding, which will be paid at par and accrued interest at the Cential Trust Company on or before Sept. 1.

—

Wabash. It is stated that another coupon will be paid by
Receiver McNulta on September 1 on all bonds of the Wabash
except the Hannibal & Naples and the Chicago divisions.

—The

" Boston News Bureau " is the title of a daily FinSummary, issued at 70 State Street, Boston, under the
management of Mr. C. W. Barron. The experience of Mr,
Barron on the financial column of the Boston Iranseript for
some years, and his thorough familiarity with the financial
markets, peculiarly fit him to conduct this publication, of
which the numbers tbus far have been full of fresh news items
such as stockbrokers most require in their offices. The subscription price by mail (including letter postage) is $1 50 per
month, and it will be well worth the money to all persons interested in the financial and railroad news for which Boston
ancial

is

the headquarters.

—Attention

called

is

to the notice of Messrs.

John Blood-

good and William A. Lottimer in to-day's Curonicle of the
number and description of bonds that they inform the public
were unlawfully abstracted from the estate of William Lottimer. All persons are consequently forbidden to purchase or
retain the same.

—

The Daly Mining Company announces a dividend of fifty
cents per share, payable July 30, at the office of Messrs,
Lounsbury
Co., Mills' Building, on the 30th inst.

&

—

Auction Sales. The following were sold
auction by Messrs. Adrian H. MuUer & Sjn

this

week at

:

Share«.

17 N. Y. Life Ins.

Co

&

Shares.

10 Firemen's

Trust

570549576

115 Citizens' Ins. Co
Hi's
114 Citizens' Ins. Cr>
113
1000 Sutro Tunnel Co..37e. per sli
lOCiiy Firclns. Co
115
10 Am, Blj Note Co... $35 per sli
30 Guardian Fire Ins, Cj. 63

Ins, Co
lus. Co.

100>4

128
I22I9
Im, Co
Second Ave, RE. Co.... 123>a

10 llsimiltoa

8 Stiiyvi'sant
ft

$1,150 Citizens'

Ijsurauce

Co, Scrip
$1,14K Cititeua'
Co. Scrip

lusurance

78
77

gattMtt0 amft frittaactal.
UiUted States Oovernment and

otiier desiral'le

Hartford & Connecticat Western.—At Hartford Conn,,
August 1, the change in the management of the Hertford
& Connecticut Western Road was effected by the election
FOB
of Mr. James W. Husted, of New York, to the Presidency.
This action practically pi ices the road in the hands of
the
Pennsylvania & New England Construction Company.
All stocks and bonds listed on tlie New York Stook Exchange bonght
Minnesota & Northwestern.- This company on August 1 and
sold on oommissiou for casti.
opened its npw hne from Freeport Junction, III., to Chicaoo
Deposit accounts received and interest allowed on monthly balances
imning the Wisconsin Central nine miles out, and coming into subject to diaft at sight.
Chicago oyer the Wisconsin Centrals tracks. Through trains
&
are run with elegant cars, and this enterprising
compaov will
undoubtedly take its full thire of busiaess.
28 Nassau Street, New York.
New York Stock Exchange.—The following securities have
been placed on the Stock Exchange list
saratoga, n. ¥., gas & electric light co., 6a.
DCLDTH & Manitoba Raileoad.-$1,650,000 first morlgage
crawfordsville, ind.,
works co., gs.

SECURITIES

INVESTORS.

HARVKT FISK

water

sinking (und 6 per cent gold bonds.

Railroad-14,640,821 dividend scrip and
-li^iH*'''^'^'"'-^'*'"™
Engraved certificates of |500and
,*''"?„ t'"*"'^*^• l^OOO
AS?"only
will be a good delivery.
f
Westkun
Railroad.-$4,000,000 common stock.
n^3^^
Central ^
Pacific Railroad.-$12,000,000 bonds of the comI«ny. to be known as the " Central Pacific mortgage
bonds of

HELENA

common

gold bonis
stock and $2,428,000 preferred stock

;

t5 0^ «m';J^*!'''*°.'''' *
'^T^:f^7*^"*'*L"'r.''"'' ^ P^' "^e"' 50 year gold bonds.
* D.««^«« CiTY.-lst mortgage bonds. Nos.
5
iTL^t^^to 5,m inclusive, |320,000, making
M17
tot.l listed $5 938,-

&.000."*^

•

^^'^^ "'"^^ "^'^

^«

^'^^'"^'

'"^''•"K total

«0"»°'- '^'"Is, Nos.
4'5^8«T'iffi^n'''•^^*•'^^\*^„•^^'"'«'''
'Delusive, 1690,000 making total listed

m,m

$35,-

Chicaqo Rock Island & Pacific— Ist
and collateral Ss Nos. 10,861 to 11,860 moitKajje extension
inclusiv^$lfoSo
,"w,wy,
making total listed $11,860,(00.
St. Louis Alton & Terre Hante.—
The builders of the Chi
cago St. Louis & Paoucah Railway Company
have agreed to
deliver to the St. Louis Alton &
Terre iLute RaikoKm°

6s (No. Fac. guaraiitee).

JERSEY CITY, registered, Ss.
CITY OF OinAHA, NERRASKA,
TOWN OF SALINA, N. Y., 4s.

6b.

FOR SALE BT

COFFIN & STANTON, Bankers,

f2,-

Banking Company of Geoeqia.-

RED MOVNTAIN,

ic

^''^^'^ ^^"^ ^^'^^^ * Atlantic Railway.t9^T^,^"f
"* mortgage 5 per cent 40-year

foR
nnA
426j000

SONS,

10, 11, \'i

We

aad 13 Xiortimer BaildinK, Wail Street, M. Y.

beff to olTer sobjcct to

Sale, at

Par and

Interest.

UNION FREE SCHOOL DISTRICT NO.

1,

NORTH DANSVILLE, NEW YORK, 4 PER CENT BONDS,
DATED JUNE 1, 188T.
In 1888 and $2,000 e.^cU year tliereafter until
Interest and prinnipal payable annually at the

$1,500 due

Pupuliilioii.

New

......
.........

National Paik Bank,
AssenniMl Valiiatinn,

paid.

York,

$1,300,000
4. .500

Total ludcbtediieHN, ineludins tbi«t iHNiie. .
tjli.^OO
We look upon thi.s security as being as safe as a Government Bond.

ORISU^OLD

<fc

No. 3 Wall Street,

GIEL.ETT,
New

York.

:

August

THE CHRONIC 'LE.

1887. J

8,

dlvldenila

have

reoentljr

167

bank, $1 60 premium

'^hc Jluiilicfs' 05a2ctte.
DI V IDEM DS4
The following

:

,:

:

Ptr

of Company.

The

Ctnt.

When
PayaMe.

Books Closed,
(Dau§ inclusive.)

Hallroadn.
ChloiiKO

& W«-t

Daiilmry

&.

Miililxi»n

Detroit LaiifiiiK

1J4
3>«

Nor., prof

A:

Aug.

1

Nirwulk

Illinois C'c HI rut

3>ii

Bt,

LouU,

75c. dltcount Chicago,

eOa

rates of leading bankers arc as follow*:

been announood

Angust

Kamt

;

discount.

Aug.
Aug.
Aug.

lAug.
[Aug.
Sept.

Aug

4 to Aug. 13
B tu Aug. 1)1
5 to Aug. Vi

I'rluM' K

1

auly Days.

S.

"rllng bllU

;

Prim.I'" 11!

onLonlon..

.1

ruiuiTclal

1

I

39T,a30

I

BriMucu (relcbiuarlu)

I'

Dtmand.

489

4 92>t
4 R0l««4 -40%
4 80 »4 SOU
r, 2:i4i»5 zatt
*,«

04>t»94^

«0l.«»40>«
04',

MS

11 to Hopt. 4
Aug. S to Aug. 13
Aug. R to Aug. '13

Coins. —The (oUowinfi; are quotations in gold for Tonous coins
«4 85 «»4 8? Silver Uh and Hn. —99Hai — ....
8 88 3> 3 02 Five francs.
—93
05
BaiikN.
\
ii]»rk».. 4 74 » 4 7<»
Mexican dollan.. — 7Sl4'4 — 7e>a
Bank of tlip Muiiliaitan Co
31a Aug. 10 Aug. I to Aug. 9
.\ t.uiUUn
3
96 3! 4 no
Do unconiiunrc'l —74 "a* — 76
liiHuruuce.
Span'b DoulilooiiB 15 AS a 15 70 Peruvian sols
—73 » — 74
On dem
4
New Yoik Klio
Mcx. Doubloons.. 19 55 a 15 65 KngUsli silver ... 4 80 a> 4 85
niacellaueoa*.
Finn gold burs ...
it >4preni. U. 8. tnule dollar* — 00%3
par
1 00
Aug. 18 Vug. 5 to Ang. 15
1
United States Expreee C!o. (niiar.)
Fine silver bar.4... —116 a
97 U. 8. silver dollars — 99^9 1 00
Dimes .b ig dimes. — 99>iid' par.
STREET, FIIIDAY, Aug. a. 1887-3 P.M.
Unlte<l States Bonds.— Government bonds have \>een modThe Money Market and Finnneial Situation.— The circu- erately active and somewhat irregular in tone. The 4^8 have
lar issuetl by the Secretary of the Treasury this week was imbeen Arm, but the 4s are a trifle lower than a week ago. The cirportant us an ovidcuce of his purpose to disburse funds io some cular of Secretary Pairchild, offering to anticipate the payment
way so that his accumulation of money shall not embarrass of interest on the 4s and 4^8 up to January 1, 1888, with a 3
business transactions.
per cent rebate, and also soliciting proposals for the sale to the
The advance to 3 per cent in the Bank of England rate is a Qovernmcnt of the 4^8 due in 1891, has naturally been a
good sign if it was warranted by any improvement in business strengthening influence.
there; but if it was merely precautionary, to prevent specie
The closing prices at the N. Y. Board have been as follows

&

KuLS. Git) Ft. acolt
"

Marq.

•*

Iloiigliton

(»ulf,

'*

&

pref

4

com.

2
3

Oiiton., prof..

Aug.
Aug.
Aug.

Aug. 10 to Aug.

»—

1

WAM.

I

going otit, it is of less significance.
Another coup has come to the commercial speculations by
the collapse of the wheat corner in San Francisco and this
seems to be the last of them. The year 1887 will be rather
memorable in the annals of speculation for the disastrous failures in the clique efforts to balloon coffee, cotton and wheat.
The decline in stocks last week and this, has brought many
of the leading favorites down to the lowest prices made during
the current year, and hence if there is a fair anticipation of more
activity and better prices in the early autumn, the recent decline
has been such as to invite purchases. In this respect the
market has been different from what it was in the spring and
Then the stagnation was prolonged and busiearly summer.
ness was dull enough, but there was never any such fall in
prices that one could say the market offered any great inducement to come in and buy on the prospect of realizing handsome

Interett\

—

The

future course of prices is necessarily uncertain,
but the crops are now pretty well assured, and the outlook is
favorable.
The ojien market rates for call loans during the week on
stock and bond collaterals have ranged from 34 to 6 jier cent.
To-day the rates were 4@6 percent. Prime commercial paper
is quoted at 6®64 per cent.
The Bank of England weekly statement on Thursday showed
a loss in specie of £773,000, and the percentage of reserve to
was 3818, against 40 last week; the discount
liabilities
The Bank of France
rate was advanced from 2 to 3 per cent.
gained 200,000 francs in gold and 2,600,000 francs in silver.
The New York Clearing House banks in their statement of
July 30 showed a decrease in surplus reserve of $366,350,
the total surplus being |8,130,975, against $8,497,325 the previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks
profits.

1887.

July 30.

Loans and

dlso'ts.

Specie
Circulation
Net deposits
I.egal tenders
L.egal reserve

Kesorre held

1886.

July 31.

188.5.

August

1.

355,W4.800 Inc.

l.'i.f 00 35*..^27,400 306,309,900
75.648,000 Doc. 1,385.700! 61,274,200 ll,^,493,!)00
16,3001
7,851,000
8. 10-, loo Do.
9,675,200
361,7c;5,700Dee,?,5*5,800, 377.703.100 383,001,600
22,921,4 o;inc. 372.900 43,03.5,300 44.9S0,6a0
90,441.42!) Dec. 646,4'iO 94,425,77.1 95,750,400
98,572,400 Deo. 1,012,'! 00 107,304,.500 160,474.500

8,130,v75,Doo.

Buri>lu8

Exchange.

Diff'i'ne'a fr'm
firev. Week.

— Steriing

being very limited

all

366,350' 12,878,725

64,724,100

dull, the demand
The tone has been somewhat

exchange has been

the week.

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 60-day rate Ic. 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' 60 days' sterling, 4 81}@4 82; demand, 4 841
@4 84i. Cables, 4 84J@4 84}. Commercial bills were 4 HOi^i,
4 81; Continental bills were: Francs, 5 23J^5 24f and 5 2uJ;
reichmarks, 94i@94f imd 15 3-16; guilders, 39 15-16@10

and 40i.

The following were the rates of domestic e.rchange on New
York at the under-mentioned cities to-day Savannah, buyiu<i
par; selling i^^ premium; Charleston buying par; selliug
i@ipremiimi; New Orleans, commercial, 25@50c. premium
:

Periods'
1

July
3 J.

Aug.

Aug.

Aua-

1.

2.

3.

Aitg.
4.

..reg Q.-Mar.*103^ 'xO'\ 107%i*107'>8 •103
.coup, t .-.Mar. 109
108\ 108\ 103% 103
...reg. C .-Jan. *127'4 127
•lirf\'126'* •127
.coup. C.-Jan. 127 "4 *127>4 127
12B'8 127
1*122
•122
•122 '122 •122
6?, our'cy,'95. ...reg.jj. <fc J.

4198.1891...

.

1891
48,1907
4», 1907
4>ig.

68, Ciir'cy,'a6. ...regj.
68, ourVy, '97. ...reg. ,T.
'cy, '98. ...reg. J.
68,
68,our'cy,'99. ...reg., J.

cm

'

4
&
&
&

•124
J.*127

J.

J 1*130
J.t-I32

*124
•127
•130
•132

•124
•127
*130
•132

Tbla is the price bid at tbe morning board

;

*124
''127
1*130

-ism

no sale was

'124
•127
•110
•13:

Aug.
i!
'109
•1091*
•127
•127
•122
•121
•127
"130
•131>s

m ide.

State and Railroad Bonds.— State bonds have been very
dull, the sales reported at the Board being very limited, and
coniiDcd to few issues, in which the prices have not changed
materially.
The railroad

bond market has followed the course of stocks
very closely, though there has been no special activity in
bonds.
In fact, during the most active speculation in stocks,
bonds were rather neglected, though the business for the week
is about up to the average.
The tone of the market hag been
decidedly unsettled and irregular, and many cla,sses, especially
the lower- priced ones, have been quite weak and declining. The
most conspicuous weakness was in the following: Fort Worth
& D<;nver Ists, Richmond & Allegheny Ists, Oliio Southern incomes. Green Bay incomes and Texas & Pacific income and land
grant.
There was more or less recovery from the lowest prices,
in sympathy with a better stock market, and the tone of the
market was stronger during the latter part of the week. The
only class in which there has been much activity is FortWoith
& Denver Ists, most of the list bein": dull.
Railroad and Miscellaneous Stocks.— The business at the
Stock Exchange has been more active during the past week, and a
much unsettled and demoralized condition of affairs has prevailed. The weakness which set in last week made further progress and prices were forced down still lower by jjcrsistent bear
pressure. In most of the leading stocks, and in fact on a large
part of the list, the lowest prices of the year were made, and
during the vigorous hammering of the bears there seemed to be
little or no 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 definite purpose on his part to release funds, and this assisted the
upward reaction. There has also been active buying for foreign 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, who have controlled things pretty much
their own way.
The Gould stocks for a long time past have
been conspicuous for yieldin<^ most easily in each downwjird
turn, and often leading the market in the decline.
General
conditions remain favorable, and higher jirices are constantly
predicted, especially since the recent decline reached a point
where stocks apparently became a pood purchase on their
merits as dividend payers, or on their prosjxictive earnings.
The improvement of Thursday has since t)ecn maintained in
all except the Northern PaciBcs, and the strongest tone and
highest prices were generally shown towards the close of business to-day (Friday).

8

..
..
,

THE CHRONICLE.

1^8
STOCKS-PRICES AT

N. T.

STOCK EXCHANGE FOB WEEK ENDING

[Vol.

AUGUST 5, AND

HIGHEST AND LOWEST PRICES.
BTOCKS.

HU.

Active
AtUuitic

lit

CaRwliau

Saturday,
July 30.

Stocks,

11%

Paclrto
Pailllc

Caiiada Soutliern
Ceuiral of New Jersey
Central Paiitlc

Do
Do

Chicago BurUugton AQumcy.

& 8t.Paul.
pref.

CMcago Milwaukee
l>o

& Northwestern

Chicago

Do

pref.
Island APacitlc.

-Chicago Rock
ChlcagoBi. Louis & Pittsburg.

Do
Chicago

PaulMin.

St.

J?""®'

ifeOiu.

Do

pref.

OlevelaudCol.Cln.A Indianap

•Columbus Hockiug Val.&Tol
Delaware Lackawanua<.tiWe8
Deliver <& Rio (i.,a«ae8Sni'tpd

Do

pref.

Eaat Tennessee Va.

& 6a. R'y.

Do
Do

11

49

.=.2%

7213

7478

55 14 50
52
50
71I3 74
30
36

let pref.

2d pref
Brausville & Terre Haute
Fort Wortb& DeuverCity
Green Hay Wiuoua & St. Paul.

Do

8

*6
*10i2

Ilia

14
10

11%

5b 12

61

20%

2II2

10% III4,
57% 58ial
21
211a
83

45
10

pref.

45
10
23

Central

& We»t., asa. pd.

lud. Bloom.

Uaabattau Elt^vauMl.consol.. 110
50
Meuiphlu & Cliaileston
81
Ul<'liigaii CentMl
Uil. Lake Shore & West

Do

pref.

UlnneapoUs>&

Louis

St.

Do

pref.

& Texas

Hlgsouri Kansan

113
50
82

io(j" ioo
13% 1514
28I3 29<3

24% 26
915 le

Mitjsoari Paclrto

9314
I4I3

lOis

10
*20

& Western

•1519
pref.

Do

pref.

Ohio & Mississippi
Oregon ATrann-Contlneutal..
Peoria Decatur <& Kvansville
PhUadelphia At Ke.idlug
Blohni'd & West l"ntToriiiinal

Do

pref

Borne Watertown
8t. l/ouls <t

a Ogdensli'g

San Francisio...

T^o
Bt.
8t.

pref...
1st pref

_ Do
FaulA
Do

Duluth

pref.
Erie........

& Lake
minceiiaiieous Stocks.

Wheeling

Colurajlo Coal Al Iron
Coiioolidated CasCo

Padrto Mall

Philadelphia Co., Nat. Gas. ..
Puilujan Palace (ar Co

Wesieru Union Telegraph

Express Slocks,
Adams

'

American

"

United States
Wells. Fargo & Co

Inactive Storks.

BoBalo Roib.
Central Iowa

&

&

Pittsburg

..

lud. Coal R'way"!'.

l>o
_
DeaMolnos

29

47%

51I2

25 14
58
*90
35

A

60
93

36I4

7314 74
112 115

74

251s

52 18
17 14
29

921a 937a
37I3 391s
*9«
100

3214I

30I2

32

21%

25^8

9519
*13

97 %i
i

Omaha &

15% 16
40
32
57
24

4^
33
59

24%
23% 25%

26
^8
47 14 t517„
2'
26
'
57
61
'x-(6
90
3413
7278

35%

111

74
115

IOOI3

100%

111

112

3

36>9

73
99
43
90

Do

Louis Alt. A Tcrre Haute
8t. I»ul8 Arlt. & Texa'!

148

Ontario Silver Mining...
Te«iuess<-e Coal

&

Iron

Stocks. &c.
y.f ""^V*
Aiuer
Colto,, Oil Trust
Pipe Line Ceniflcates

.

5ii

72%

54
74

53% 54=8
72% 75%

3.,%

3678

37

37

6

6

11

11

12

I6I2
401s

'15

17

12% 12%

45-3

59

83%

Hii% 12(1%
114% 116%
144
127

144
12 7

17%
43%
49%

•15
4278

123

31
25

33

12%

12=8

12=8

60

f9

60

45
12
23

11
*

54%
25%
131%

12

44=8

11

23
123

111

59

22% 22%

22

1

9

5373

17%
29
3913

75
100 ij
44
9219

34

35

26%
26% 26
98
9P%
96% 98
12% 12% •12% 14

77%

Vib'

27

5178

55%
27%
90

•ff5

65%
40%
16%
9%
30%

66
43

16

16

16%

9%
31%

42%
32% 32%
58
58 \
24=8 25%
23% 25

41

26

58% 60
*Sii

60

35% 36%
73% 73%
'111

53%
17%
28%
40%
37
72

23% 23%
45% 45%
11%

11
•20

24

30

20% 27
98% 9978
•13

SO

14
80

108% 108% 109
18
17% 17%
30% 30% 30%
30% 3(1% 30%
07% 07% 67%

44%

lt!%

10%

31%
16%
43%
33=8

59%
20%
26%
29
.55%
2778

59%

59
•85

34

88
37

42% 42%
17
10

17
10

31% 31%
'10

43

17
44

30=8

32%

57

59

20%
26%
28%
54%
27%

20%
27%

59

29
56=8

28%
60

"37" "38%
36% 36%
72% 73% 74% 7478 74% 7479
114% 114% 114% 114% 114% 111% 11h%
75
75
75
7U% 78
78
78%
99
9978 9973 100
100
112% 110% 113
113% 113% 113% ill"'
27
27
28
28
28% 28
29%
54%' 53% 55%
55% 50% 55=8 56%
U=8l 17% 17%
17% 17% 1778 1778
29=8
2978 30
28% 29
29% 30%
40% 3979 3978 40% 41
40% 41%
36

38%

38

74

72%
99%
43%
89%
37%

99% 100%
44
90

60
88

80

44
92

39
73

40

10078

10078

44
91
39

44
92

41

75% 76

41
75

42%
76

101% 101% 101%
45

93%

•93

45
85

45
85

7

7
11

11% 11%
85

92

•85

21
92

30
39I4

507e

7
30

10% 11%
11% 11%
•85"'

13%

6%

6%

13=8

31%

33"

507,,

5078

51

33% 33%
51% 51%

32

33

32% 32%

24% 24%
32%
34%
554 67%

33% 30
57% 59%

6%

45

•11
13

12

5

45% 45%
93
94%
39% 40%
99% 100

lb% 13%

34

35%

57
58%
"'eoeore the prices bid and asked; no gale
was made at the

51% 51%
26
31=8

26
32

35

35%

56%

B^^

5778

6
•43
•85
•4

•0%
13
22

90% 90%
14=8
•19

14=8

32% 33

6%
47
90

92

14%

5%
•27

40

6%
29
40

'32% "337e

36%
57% 58

33% 34%
57% 57=8

35

t

5078

32,4si5

2,165

91

3d assessment

paid.

since Jan.

1887.
1887.

1,

Highest.

1
15% June
54% July 30 08% J an.
July 30 61=8 May
55% Jau. 3 86% Apr
33 Feb. 3 43% Apr

107e Feb.

13
13

49

19
13

6
10

A.U','.
4
July
July 13

9%

17

12

Jan.
8
Jan. 13

11%. Ian. 20

3,383 130^8 Jan. 13 156 Mivy 17
78% Aug. 1 95 May 18
4,01.". 117
July 30 127% May 17
79,li.8 109
July ao; 127=8 June 7
•50 138% Jau. 29 153% June 7
2,48'.' 124% Mar. 18 11078 May 17
400 15 Aug. 1 22 Apr. 23
2,351) 35
Jau. 2", 52% Apr. 22
27,320 44% Aug.
54% May 17
1,070 106 Feb.
1 118% June
7
3,450 51 July 30 O'* Apr. 11
4,255 23% July 30 39% Jan. 11
141,324 1.'6 July 30|139%Juue 1
1,710 2178 Feb. 3 32% Apr. 14
5,975 56% Jan. 24 68% June 4
3,121 10% Aug. 1 17 Jan. 3
2,810 57% Aug.
82% Jan. 13
3,308 20% Julv 30 32 Jan. 3
500 83 Aug. 1 100 Apr. 9
2,400 21% Feb. 4 62% May 7
3,850
9% Aug. '> 17 Apr. 7
26% May 26 28 Mar 31
1,342 11120% J'e -4 138
May 28
1,080 16% Aug. 1 27% Apr. I
3,550 34% Aug. 1 47% Ai.r. 21
4 012 17% July 30 24% May 16
80,190 51 July 30 01
Apr. 29
94,087 8978 Aug. 1 9- % Juno 30
9t.3 93
Jau. 15 99% I\hiv 14
51,115 57 Feb. 3 70% Apr. 14
6,030 42
Aug. 3 67% June 11
2,480 109% July 29 161 79 Apr. 20
1,300 50 Ju.y 27 61% Apr. 5
5,200 80 Aug. 1 95% Jlay 19
2,225 00% Jau. 6 9i% May 18
1,950 98 Jan. 4ill9 May 18
1,560 13% Aug. 1 20% Apr. 2
2,00
2S% July 30 4s% May 31
22,loO 24% July 30 34% Apr. 9
39,i23 92 June 24 112 .May 19
100 12 July 20 19% Jan. 8
3,1100 70% July 14 88% Jan.
3
23,238 105% Aug. 1 114=8 M.iv 19
4,001 16% Aug. 2 20% May 18
1,920 27
.Mar. 12 37% .May 18
51,055 277^ Aug. X 35=8 Apr 13
4,070 64 Aug.
1
70 May 23
141,510 40 J uly 30 110 JIar. 29
1,390 15% Feb. 4 20% Jau. 3
2,91.-i
9% Aug. 1 14 Feb. 14
3,448 29 July 7 38% Feb. 14
440 15 Juno 24 23% Jan. 3
13,758 40 Aug. 1 5578 May 16
24,9o5 20% Feb.
1
34=8 .luly 18
10,984 56% Feb. 1 6.<% .May 19
3,45
22% Feb. 1 32% Ajir. 4
37,8:.5 23% Aug. 1 35=8 Apr. 7
12,485 26 Aug. 1 39% May 25
468,170 34 Feu. 1 58% July 5
73,0c2 25 i.i July 30 53 Jan. 17
2,716 57 Aug. 1 87% Jan. 17
80 Feb. K 95 Jan. 17
2,900 30 Jan. 27 44% May 26
5,260 61%Fel). «> 84% .May 26
456 Ill Aug. I 120 June 3
2,710 55% Jau. 7 !'5 Juno 20
540 99 Aug. 2 111% May 23
2,256 110% Aug. 3 1207e May 27
22,lJ5 20 Feb. 3 35% Miy 23
52,5uO 5178 Aug. 1 63% Mav 18
3,i)00 13% Feb.
1
22% -May 6
6,800 23-% Feb.
1
38% May 18
2,110 3978 Aug. 3 63=8 Apr. 18
-;21,514

1

7,9

7,375
13,26
1,930
7.353

35%

Feb.

1

72
99
38

Aug.
Aug.

2

89

May 19

1

105%

Apr. 18

Feb.

8i>% Aug.

I

3
2

53%

Slay 19

54% May 31
105% May 19
58% Apr. 7

30,964 37% Aug.
1,000 95 Juiie28'115
Feb.
8
2.200 139% Jan. 4| 159% May 23
139,930 67% June 24 79 Juue 7

67,139% Jan.
326 107 Jau.
256: 62

175 126%

4 152 Aug. 5
5 1 18% May 14

Feb. 171 7.1% May 24
Jau. 25 137 Juue 6

253 33% Jan. 19 74%
453
5% Aug. 3 15%
300 45 Aug. 1 6778
100 85 Aug. 1 99%

4%

Mar. 23

100
7 July
930 10% Aug.
400 11 July
20 June
100 88 July
1,1:30

5

34% 31%
50% 51
25
25%
33
33%

5078

3,18=.

5

7%
21

•85
14=8

20

5% 6% ""5% '6%
•28% 30
'2<j% 28% •26% 28%
'38% 40
*37
41
41
41
15% 15%

"36"

31%

6%

45

7%

11%

"31% "siii

30
39

3914

•4
*6
11

5%

50
90

21
92

30
39

(ijni Isted.)

33>a

0%

•10
•85

5,550

20,345

7%
141

8078

1,

Lowest.

Shares

•7

141

60

60

59

Range

Week,

350

46%

86% 86%
44% 44%
10
•17

57

'5%

41% 41%
46% 47% 47
109 109
110% 111
110
n5
55
54%
25
25% 25%
24% 25
127% 129% 129% 130% 129=8
27% 27%
26% 27

39%

xl44

11

Columbus

& Hockiug Coal
New York & FuTy (;oal

12

56%

i07% 107%
17^-8
17%
29% 30%
29% 2978
6(i
66% 67
4078 42%
41%
16%
nj%
978
10
9%
30% 3078 31
17
17
16%
41
42% 42
33
32% 33
58% 59
59%
24% 25% 20
24
25
25%
26% 27% 28
52
54% 54%
26% 27% 27%

6% 6%

*6
pref.

11%

12
*7
•7
10
1371s 137"s 140 140
79=8 8II4
SO's 82
118 118
118% 119%
11158 113% 113% 115
14373 144
141% 144%
126 126%
125 126
*15

5.

56
53

IOOI3 10/ 14 i()7%
17
161s 1714
28 14 '3014 29
2S=8 29
28=8

74
99
111
27I3
26

tt. Ix.nli, pref...

Quicksilver Mining Co

24% 25%
95 14 97 14
•12
14
78
78%

414

37% 39 13

13% 14%

tlhort Line

6%
10
10

Aug.

37% 3878
3878 40
•96 100
100
9:i% 99% •96
100
145
145 145
144% 145
140 146
146
70% 7214 70% 72 14 70% 71=8 70% 7i% 72% 74% 140
73% 75
148 149
149 150
152 152
109% 109%' 109 109
109% 109%
109 lc9
65
67
69
69
70
70
'128
131
129 129
123% 130
60
60
57
57
57
57
57
57
148

pref.

pref

IOI4

2978

i;6l3

45%

36I4

Friday,

123% 123% 123% 121-1%
18% 1.8% 18% 18% 1H% 19%
361-2
36% 37% •37% 38
37
37%
18is|
17% 18=8 18
18
18% 18=8 18% 19%
5213 52=8
54
51% 52% 53% 54% 53% 53%
9173'
9078 91=8
91% 9278 93% 94% 93% 95
9313 94
95
94
95
94
931s
95
95
61=8
60 Is 61% 00% 61=8
01% 62% 61% 62%
45
56
50
44% 48
42
46
46
49
111 111
112% 113% Hi 112
110 111
113 113
50
50
52
53
50
50
52
52%
8II4
81
80
80
84
81
82% 82
82% 85%
79I4 80
80
80
84
85
82% 83
8.<
84%
105 IO514 105 1051s 107 107% 110 110
110 110
14
14
14
131s 13%
14% 14% 14% 14% 14%
1J3

40 14 4218

45

52%
72%

21

18

29

40

im

60

23
123

Thursday,
Aug. 4.

5578

211s

18
3512

261s
5178
1678

7319 73 Sb
99I2 lOOi

'dis

10

3.

11% 11%
58% 58%

Ills

I8I9
3oii

271s
5318
17=8

Kt.D<idgo.....

„ Do
Mexican Central

*

28

& Baltimore.

Maiibaltau Biach Company
Uaniiielte Hoiiglitou <k On

o
Bt.

28

])ref

Clniinnatl Wash.

OrPg u

25=8
26=8

38
'.'..'.

Delaware A Hudsiin Canal..!
Oregon Iiiiproviiuent Co
Oregon Railway Ji Nav. Co...

Do

59

251s

21

& Manitoba II2I3II3

Do

Chicago

58

74

Texas A Hacilic, a.s8. paid.
Union Pacirtf
Wab. St. L. & P.,P. Com. repts.

_„

16

11% 42%
32% 331.1

pref

Paul Minneap.

6I4

91s

.

Do

6i8
•lOis

*20

24
122

,

Northern Pacific

35=8

85
85
44 14 4413

831s

*13%
14
& Ohio
78
78
IO6I4 10' 14 105%lo.ie
New
New Y. Chlc.& Ht. L., asscnt'd 1(558 1' H 167i 1
Do
pref absented.
30% 29
30
30
2915
2778 2ft%
Eew York Lake Erie 61 W'esi'n 28
Do
64
pref.
66
New York A New England.
40
43
43
40-'5s
New Yorii Ontiirio & West...
1618 1618
15% 16
9I3
New York Susq. & Western..
9%
9% 10
Do
3018
3078
30
30
pref,
Mobile

Norfolk

71

36

Ills
•57
21

JSaHliv.Chattanooga».feSt. Louis
Viirk Ceiiiral<fc Hudson
J

72is

11
56I2

12
*7
•7
10
137>a 1S9>3 I37I4I3914 13712 138
7914
81
78%
SO'ft
81%
791a
117'-% 1181-2 II713IIT
117 117
109 112% IIOI8II2I2 111 112%
143 144
143 143
I2713 127>3 126 126% I25I9 126%
'15
*15i2 17
17
15
16
38I9 4OI2
3818 411s
39
39
46I3
44% 46
4413
44^ 4(i
108 IOSI3 108% 1091s 107
621-2
52
51
521s
51
51
23=8 241-2
23^8 25
23>2 24%
1^6=8 129
12G 128=8 12612 129
26I3 2678
2OI3 27
26
27
57I3 58I4
58 14 59
57 13
57
*10ia
*7

1211s I2113 122
I8I4
18
161s
35
35% 341s
Kingst<''n« pcmlHOlie
17I3 18
171s
liaKe Erie & Wcatern
52
51
do
pref.
521s
Do
90-8 92%
8978
I<ake Shore & Midi. SoutUeru.
Long Island
931s
60
5919 00=8
Louisville & Nashville
53
55
Louis. New AJb. & Chicago...
53
Illinois

51
69 19
35 Is

11
55^8
5II3

55%

8

Aug.

52 14

11

1219

12

55%

•6

iBt pref
2a pref

1.

54X1

35 >4 35%

& Oblo

Ciittsupeake

Aug.

Wednesday

Tuesday,
Aug. VJ.

Monday,

SINCE JAN.

Sales
of the

XLV.

13% Aug.
-2

29%

100
6
200 28
700 30
200 15%

9

10%

'2

Juue 13
15
18=8 May 12
30% .May 27

28
18
21
2

Juiy 27
July
d

Apr. 2:
Jan. 4
Jau. 8
Aug. 2
July 30

1,905 29%
1 ,000 1)49
July 13
105 22 Jan. 4
2,100 30% July 12

19,367
i5,97j-,o<»

32
54

7

Apr. 6
Jau. 10
Apr. 19
May 18
Jau. 13
Jau. 14

JiUy 261
Ju.y 25I

100%

.^lay

27

22

Apr.
Jau.

»

31

3

31% July 15

8%

Jau. 10

35 May 14
45% June 6
25 Feb. 12
50 Apr. 27
7278 Apr. 5

20% .luly 27
54% Jau. 14
04% Jan. 3
72% Jan. 11

H Ex-rlgbts.

. .

ArocsT

6.

..

THE CHIIONICLE.

1887.J

BOM).S-LATEST PRICES OF ACTIVE liaNDH AT
Sailroad Bonds.

Al. 4 I'm'.— \V.

I>.

OloBlng.

Sangt

\julyiO\Aua. S

Luwett.

1»10

lm>.,G»,

una

2<i. f>K.

7s, imil), at<»>'iit.
Coiivi'it. 7ii, lim'i, iMsmit
Ci.ii-iil.

7«,

Ailjii;-!

3

111'

riiT.vrri.iU'l). 6h. 1908
Iiiii'i III lioiiil ccrtilltttio
Li'li.ii \V.B..cuii.78, liina.M'ul

IXHk

AMI.

Imp.,

J:

CoiitMil I'ucilU

—

.'>».

(ivild (is,

Hail .l>ui<|Ulii Br. Us,
I.llll.l

1921. ..
lda8..

lUOO

:;lullt lia. 18!)0
c >.— Pur. lu. f iiiKl 6a,

'98
sm-. H, liH)8, coup, on
DUp., 49, 11>80
t,a. nirreiioy, 11)18 ..-..-Miirt. <;•, lall
Chen. (). A So. W.— 508, 1911 ...
Chlc.Bur. i Nor.-l8t,.'i8, 1926.
CUlf. Hurl. & y.— Dtib. 5b, 1913.
Demur l)lvl^,48, 1922
Clilc. A' Inil. Cout K., iBt, Ss, '36
(1

'

I

-

1

1.1.

,;.

I,.

I

9'27«

»()>«

8S

."^8,

1914

W.— (Jousol.

lom

100

104
103

b.

fimilOB, 1929
SiiikiiiK fiiml 58. 1929

A

I'aii.— Os, coup.
Extin.&iol, 5», 1934
8t. I'aul

A-

a.

10814 Jan.
I103 July
130 Jan.
1

108 1«

107

O.—

Cli.et.L.* FitlB.— l6t,cou. ."IB, "32
C. C. V. A IlKl.— tJeii. 08, 1934
Col. Coal & Iriin-lst, 68, 1900..
Col. H. Sal. A 'I'ol.— Con. 6s, '31
Gcu. gold, 68, 1904
Diuvei j£ Klo lir.— l8t,78, 1900
l8t con. 4b, 1936

A

K.Gr. W.-lBt,68, 1911.

Aasui ted

Den. So. Pk.

& Pac— Ist, 78, '05

Del.Mae.&M.— Ld.gr.3's8,1911
E. Ten. V. * «. Ky.— C'ou.,58, '56
Eliz. Lex.A B. Bandy— 68, 1902.
Erie-

iBt. coiiBol. gold, 78,

Long Dock,

1920

1893

78,

Cou. 68,1935
N.Y.L.K.AW— 2d<ou.68, 1969
t'uudid coiii>oii, 58, 1969. ..
Ft. W. iV Dcuv. C. -l.-^t, 68, 1921
Gal.Har.cV San.Aut.-lot, 68, '10

2dM..7», 1905
WcBl. l>i\t-iou— lBt,5B, 1931.
2d, (8, 1931

Gr'n B.

W a St. P.—
.

2d income
Gulf

«

ol.

1

si, 68,

1911

1911

SB,

A s,.n.Fe— lBt,7a, 1909

105
too
116

Jtuie

June
Feb.

KKiis May
118% Mar.

116

Jiiiio

1 0.1

Mar.

115

June

Jan.
7514 Jan.
32 Jan.
t<l

100 Fi li.
108 1« June

124''8

May

July
Jan.
Jau.
Aug.
A.g.
Mar.

1271s

J.'U.
Fell,

123

06
100
73

July

IIO-^ .Mar.
10914 Aiir.
Jan.
llOis Feb.

135

,1181a Aug.
u.
b.

.

Dtjii.

Jau.

June
118% Juno
1081s June
119

b,10ti«July 105% May
ll38i»May 142 Jau,
l-iiiijl). 1'28
Juuo 133 Jan.
120 a. 117 May 1-20 Jan.
109M1).!108 Jan. llOiaMar.
131ial).

1917.

Coi.8«il. 68. '30
8. C'.-li,t, 68, 1919; 1-26

Cb. St.l'. .M. A

May

94
110

103

130 b.
118 b.
109 b.
Blukiug ftiuil (lebcnc. 58, 193;i 108 ^li. 109
I05'8a. 105
25-je»r dohi-iit. 5s, 1909
Gold, 7a, iyO'2

I.

38^8 Juno

90 Jan.
109 June
951s Jiiii,

lOm

8liikiii>;

Chi. K.

Highem.

I

100

a.

98%
107
98

70

70
U8ia

12014
7£i4b. 78 la

102

Us .May
104% Juno

11

8878 Jan.
Jan.

91

laiiaJune
76 14
82% June
75 b. 74
74 Aug. »2 Apr.
74 a. 71
68 Aug. 78 Jan.
81 a. 81 a. 68 Ajir.
86% June
50 a 45
44I1 Aug.
56 May
98
97 Aug. 10138 Apr.
971s
101 a. 99
99 Aug. 108 Jau.
133 b. 132ifl M.ir. 137 June
,11 2% June 115
Mar.
117'eb. 115 Jau. 120
Mar.
99
Feb.
lOi'eMav
93%
981s
95I4 May
(sSialVb.
"88%'
88
85 Aug. 981a .VI .»y
106 Feb. 1091a Mar.
u6""a
105 June 111 Jan.
93 13 June looie Jau.
93 »8
92 14 Feb.
9218 Jail.
100 b. 99 Jan. 109 May
4.158
40
36 Aua. 53 Mav
120 b. 118iab. 1-20% Jau. 125% June
103 a. ,1U1
100 Aug. 106% June
Feb.
Feb.

OoIiI.Ob. 1923
Hcndcreiiii Br.Co.— iBt. 68, 1931 108 >sb ilOrtiab. lo6ia Mar.
116 b. 1115
l8t M. L. 7a
112% Jau.
H. A lex.

110

Feb.
119% .M.y
113 b. 112%
108
Mar. 1191a M.iy
lac. West. D., 7b, 1891
l8l,\Vaco&i(.7B, 1903
113 Feb. 119% .Ma,'
109 "a! i06i.i). 94 Feb. 112 May
2d, coiitoi. .«. L. 88, 1912
76
661* Feb.
7d% May
Gi-n. mort. 6s, 1921
120 b. 119 'a Jan. 124 "4 leb.
Ind.lil. A W.— l8t,prcf.,7a, 190u
!'0 b.
95
99 May
lat, 5-68, 1909
911a Jail.
bOia June
75 'j 771a Jau.
2d, 5-Us, 19U9
Eastcni Division— 6b, 1921 .
92 a.
91 Jau.
981a May

C—

26
6b, 1921
Gt..Nor.— Ist, 68, gold, '19 114

Income,
Int.

A

Coupon, 68, 1909
Kent. Ccutr.- Stamped 4b, 1911
Kuoxv. ikO.— iBl, 6s, gold, 1925
l,akcHli.-Ciin.coiip.,lBt, 78,1900
Cou. coup., 2d, 7s, 1903
Long iBlaud— let, 7b, 1898
iBi, lOiii-ol., 5b, 1931

92

go'b.
i'iiiai).

Lou. A >u3h.— (.ousol., 7b, 18'J8
N. O. A Mubilc— l8t, 68. 193 J. 109
ad,

1930

6.S.

1).

b.
a.

97

b.
b.

"ii'i" 25 July
115 a 1121a May
Ml
90 Aug.
64 Jan.
88 li. 94 July
123 b. 125 July
123 b. 122i« Jau.

iY3
119
109

97

34''8 Ajir.

Mir.

122
98

Feb.

78

July

100
129

June

1261a

May

Jau.

..;i'205eM»y 124 Mar.
Feb.
b ,1121s July 115
b.ill8 Apr. 1211a Fell.
a. 105
Jan. I1314 June
b.

OO^eJan

99 19 May
117 »8
1141a

May
May

109
103

M;iy
Apr.

11-2 b.
E. II. &. N.— Ist, 6s, 1919
General, 68. 1930
109 0.
Trust lioudB, 68, 1922
107%
10-40,68, 1921
Lou. >. A. A lU.- 1st, 6b, 1910. i'liia"'
Consul., gold, t8, 1916
96'a
Mem. A Ch'l^tou— 6B,gold, 1924 104 »aa.
Metro. I'.levuted.— Isi, 68, la08. llU'^au.

July
11014b. 112
109
1107
Jau.
107iab. 1041a Jan.
98 Jan.

2d, 6a, 1899
Mexicau Ueut.— I^ew aas. 49
Iiicoiiit's, 3b. 1911
tllcU. Central- 1st, cou., 78. '02 129
Mlsa'i I'ac- Ist, cons., 6s,1920 117
!»d,7s. lyon
P«c. ol Mo.— iBt, 68, 1838
2<1 mort., 7b, 1891

108iaa.,i07'8July 113 Aiir.
Fell.
7.1% June
51
69
z7% Juui!
2014'). 20
July
Apr.
12; lab.! 127 May 131
Apr.
119
lHiHb,ill4i4Aiig.
Apr.
Jui.e 120
1121
Jan.
105
10oisb.!l00i4 Auv.
11051a Juiy IllOia.'Uiie

a.

I

109
9.5
93
101
117140.116

112

Ji.n.

II513

May

Apr.
Jan.

99
107

June

May
July 120 13 May

JulymiAttg. 6
Lk.8h. Hl W.— iBt, 0a, 1931, 118
MIoblgnn DiT.— Int, 68, 1924..
130
Minn. A Ht. I, —lat, 7fl, 1927
h:>
Imp, .d K.|Ulp, -68. 1922

Ltmti,

119 a 118
lie a. 114
IJO b. IS2
84 a nr>
05
93

Mil.

h.
a.
I

l8t. Kitensiiiii. 68, 1927
lat pnrt. delielitures, 7a
Mutual Uii. I'ele.- 8. f., Oa.
Naib. Cli.
.-it. L.-lat. 7b,

107

b.

4.-.

1911

A

1913
N.Y. Ceutral-Kxt4-nd., 58. 1893
N.Y.C.AH.-lat, op., 78,1903
DebouMiro, 58, 1901
N.Y.AIIar.— lat, 78,1900
N,Y.Cblo.ii8t.I..— l»t,6B, 1921..
2il mort., fiB, 1923
...

b.,

106

li,

l.'i

b,

b.ll-9

I

Alabama—
CI11.-S

(

la^8

A, 3

X/j

5

U, 53

lans C, 48
68, 10 20

Bid.

50
>.

June
A UK.

.«
O7I311.

N. Y. Lack. A W.— let. 6a, 1921.
Oonstructlon, 5b, 1923
N. Y. Out. * W.— lat. 68. 1914.. 109 Is
N.Y.Sua.AW.— Deb.,6»,'97,op.on

1900

Ar an-as— (>B, funded.. 1899-iy00|

A

78, I.ittlcRoek
Fort Smith, las.
78, Ml mphi:IJltie Rock, Iss..
7p, Al UaiiBHB Central
Georgia— 7b, gold
1890l
liOiilBiaiia— 7b, cons
1914|
S aiiiped, 4a
MlehlL^HM 7s
..
1K9(I

A

—

BR

106

t

109

-25 Is

107

10914 a. 107

60
91
1 10

Jau
Feb.
Jan.
Feb.

al

116
2rt, eoiiBOl.,7B. 1911
eprtimlleld Dlv.— 7b, 190^ ....
OliloSmitlmru- lat, 6b, 1921. ..
39
2d,luc.,6a, 1921
Oregon Iinpr. Co.— Ist, 6fl, 1910 97
Ore. li.&Nav.Co.— lat, 68, 1909
101
Conaol,, 5.1, 1925
Oregon ,t Transoon,— 6fl, 192-2.. 99

114
100
102
Soiab. 35

102

a.

96
110
loO
99

July
Jan.
Feb.

July

MOTK—The letter " b" Indicaieo price Ind, and " a"

;

Apr

WAT

Junn
Apr.

May
May
Apr.

1
I

i

'lay
1".
1

1

"J

1

1071a

.pr.
.Mar.

May
Juno

123
119

Apr.
Jan.
Il2ia Apr.
nils Apr.
5019 May

Ol-'gMar. 102-'8 May
108 Jan. 112 May
100 ig June 106 7aii.
a. 03
June 104«s Apr.
UJis 110 Mar. 11513 JunePeo, Deo. A i;van'<.— lat, 68. '20.
110
a.
108 Mar.
Evansv.Div l8t,rf8. 1920... ilo"'a'.
Febw
62 Aug. 77 Apr
Blob A All.— lat, 7a, 1920, tr. roc 70 a. 65
no Is July 115 Jnno
Blohui. & Dan.— Cons., 6s, 1915 lllisa. lllis
110 a. 106 Feb. 114 Apt
Debenture, 68, 1927
114 Feb. 120 Mar.
Booh. & Pitts.— Ist, 6b, 1921...
llSiaa. iisisb 108
Jan. 117
Cousol.,6a, 19-^2
Apr.
EomeW. <fc Ogd.— l8t,78, 1891. 108%b.il0s%0. 10814 June 112i3May
101% 101% lOiiH) June 104% Mar.
Con8..1.,extend., 5b, 1922
99% Aug. 1081s Apr.
8t Jo. AGd.Isl.- lat, 63, 1925 IO214 102
65 b. 64 b. 65 July
75 Apr.
2d, Income, 58, 1925
114 Jan. 116 June
8t.L. Alt.* r.ll— Ist, 78, 1894
110
Feb.
112%
June2d, M.,pn;f.,78, 1894
.„,, ^
107isb.
105 May 108 Jan.
2d., M., Inc., 78, 1894
40 b, 41 0, 35 Jan.
48 Jnn»
Divldendbds, 68, 1894.
99
98 Aug. 102% Apr
98%
St. L. Ark. & Tex.— l8t,68, 1936
44 b. 45
2d,6B, 1036
44 June 55 14 Jan.
110 Mar. 115 Jan.
St. L. & Ir. Mt.-l8t,78, 1892... lll%b. 109
lljiab. 109
114
May 1141a Mar.
2d nioit., 7b, 1897
93 July
99 Jan.
Gen. Ry.A land gr., 58, 1931. 94 a. 03
b
113
b.
113
July
Fr.CI.
A,1906
L.
&
ban
60.,
JU.
1151a Jan.
St.
113 b. ll->ia 113 July 117 Apr.
68, Class B, 1906
113 b. I13iaa 113 July II714 Apr.
6s, ClaBsC, 1906
113ia 114
108 Is Feb. 115 May
Gen'l mort., Hs, 19:!1
98 la July lul>s Juu»
99% lOoia
53,
1931
Geul mort,
Julv 1041s Jan.
So. Pao., .»lo.— Ist, 6b, 1888... 100i4b. lOO^b. 100
llOig
Jan. 118
Apr.
M.—
1909.
l8t, 78,
St. Paul .M. A
Mar.
119 b. -••
118 Feb. 121
2d,6a,1909
ligia.
116''8
II6I4
Aug.
12014
May
l8tcous,08, 1933
98iab. 98 b. 98
Feb. 101 19 May
reduced to 41S8
Do
Jau. 109
May
SUenandiiah Val.- Ist, 78, 1909
Mar.
55 May
49 a.
Gen'l mort., 68, la21
b.
9«
May
98
Jan.
1071s
.So. Carolina— Ist. 6s, 1620
May 80 Jan.
2d, 68, 1931
12iab. •-;;-^Mar.
'281a Jan.
...
Inc., 6s. 1931
July
1st, 63, 1905-12.. 115 b. 114iab. llOiflFeb. 115
80. Pac, Cal
114>4b.
1110
112
Apr
Feb.
80. Pao.,Ari.— l8t, IS, 1909-10..1
- "
110 Juneb. lOr'sU. 105% Jan.
63, 1911. .. 10:*
So.Pac.l N. M.— lat,
53
'15
5^14
Aug.
49
14
661a FeU
Tex. A Pac.— Inc. A Id jtr, 7s.
64 Feb.
78 Si May
71 I). 711*
Rio uraude Di v.— 6s, 1930
Aug.
72
Apr.
(:2>s
Gen. mort. A term., 68, 1905.. 66 a.
99
100 May
89 Jai
Tol. A. A. AN. -M. -1st, 63,1921
106
b.
Jan.
Juno
103
1091a
Tol.A.A. A Gr.Tr.- Ist, 68. 1921
108 a. 104 Jail. 112 Feb.
Tol. Peer. A West— 1st, 78, '17
99% Jan.
95 Jan.
951a
Tol. A Ohio Ceut.-l3t. 58, 19 J5 96
96i«
95 Aug. 97% Juoft
Kan. C.-lBt,68 1916 06%
Tol.St
ll5i.jb
114 Jau. 119% Mar.
Union Pacillo-lst, 6s, 1899
103 lab. lo3iali. 102 Jan. Iu3>s May
Laud grant, 78.1887-9
115 b.,115 b. 114 July 120 Feb.
Sinking fund 88. 1893
a.

b.

—

US

.

—

.

—

.

.

UA

—

Pacitli
Ist, 68, 1895
il2%a; il0"b'
Ist, 68, 1896
lloisb.
Denver Div.— 68. 1899
101
Isl couBol, 63, 1919
Oregou 8h. Line Ist, 63. '2*2. 102^8 100

Kan.

Virginia Mld.-luo.. 6a. 1927....
¥9 a
Geu'l mort., -ia, 1936
Wall, St.L. A Pac. Gen., 6s, '-20
Chicago DivUon— 5s, 1910... "9a 'a'

Wab.iBh— Mortgage, 7b, 1909

A

Wab.— iBt, ext.. 78,
iBt, St. L. Div.. 78.1889

Tol.

'90111
112

2d, uxtendod, 78. 1893
Con., conv., 7b, 1907

Great West.- lat, 78,
•2d,

78.

1893

8t.L.K.C.

b.
a.

91)iab.

AN.—R.eAr.,78.'95.112

nils

Feb.

lllieJuly
114 Jau.

86
49
80

Jnue
Jan.
Feb.

Bid.

b.

b.
b.

84
109
98

b.l>ViT
1109

1

Souih Carolina—6s, non-fiiud. 1888
1893
Biowii cOHBolidated 6a
Isg-J-lSPt
Tei.uessce— 6.S. old
1912
Comprouiiae, 3-4-.'\-6»
New settlement— 6«
J*}'?
191J
R.

35
12
20
8
141a

3«:;;:::::....:

Virginia— «B, old
15I3

96 13 98
123 12^

6.«,

.

Apr.

eoUMay
May
May
117i« May

116

May

99%198'eJiUj- 104% June

Rhode Island-6P, cou.. 1893- 894

H8

90

108 May
Mar. 99 May
Jan. 1171s May
May
Aug. 107
um. 114l4Jut'Mar.

SECURITIES.

Ask.

104
110
112
115

Mar.

104 14
97
84>a Mar.

i"li"b. 110i« Jan.
106 Jan.
97 lab. 99 Jan.

9'J'"W

May

11714 Apr.

109 Apr.
971a Aug. 1071s Jan.
95 Apr. 99 Jan.

98%

b. 11'2

115
115

102% May

"so'a!
55 a.

bS
1838 .... 1 1 4 b. 114
99isb. 98

West Shore— Guar.. 48

1919

prloo aaked

Mar.
Mar.
At^r.

I

—

llOSVl

fia

89

I

Vf:

92 a. "9'o>ib.
Mar.
lat refiindlni:, ,5s, 1037
Midland of N. J.— lat, (ia. 1910 Ulisb.
Ar81i«
80 Hi
N. O. Paeltto— l8t, 6a, 1920. ..
751s !•
114"'8 Ji.
1151a
North. Paoltio lRt,ccMip.,68i 31:11514
..yjl05ia
1051s
103 'a Jan.
Oen'l, 2d, coup., 1933
Jaiuea K. Val. lat, 6a, 1936.'.
1061s Jan.
100 July
N. Pac.TBr.Co.— lat, 68. 1933. ..
115 Jlllv
Oblo A .Mlaa.— Conaol., 78, 1898. 117 a. 116

SECURITIES.

Ash.

6.;ia

I

July \.n
'04 l>. KMi* Jan. I(V7l4
b. I32'» Aug. 137
H2
"O
106
Mar. iio-s,
I;*?, •>. 1281s May
I33>s
85 jau. 101 Is
OJJ*
glisb. 70
Jan.
90
HO
65 Is Jan.
,7",,.
117«ab. 117 Jnly ,„..

N.Y.CIty&No.-Gen..68, 1910. 06ia
N.Y. Klevated-lat. 7a, 1908... 119%

due 1889 or 1890
MlaBoiiil— 69
Asylum or Univei'Siiy, due lHil'2|
I....
1894-1>';)5
Fimiling
IO312'....
1892,
New York— 68, loan
102 lot
1893
loan
lis,
10
121a
JAJ
North Caioliua- 68, old
20
38
1900,
Funding act
30
25
New bonds, J. A J. ...1802-1898
10
15
Chatham RR
105 la
Special tax, Cliuts 1...
'85
1910
is
CoiiBolldaf.ail 4s
84%

1906
1906 104
1906!

<

I

111
A in-.
1071s Aug.

y. b.

May

10.1
I

8'
a.

Mar

I

\m\

85J8b.i.»>^
l!i9

Apr.

Jan.
Jan.
Jnly 'l02>s Apr.
Alls Aug.
80%
too A UK. |U3>t Jaa.

934
68, 1920...
82t«
Cou»i.I.,5h, 1920
821a
Oonaol.. 7a. 1901-5-8
x 111 b.lllO
iU3>al>,
.Mobile .* (1lili>-New,e»rl937 .. 1131s
Mo K..tTix.— <;.in.,

1,

Blgh4tt.

Fob. 1122
Jan. |I21
Jan. 133
Apr.
90

STAT8 BONDS.
se<;lritie8.

1887.

1,

JtoiHW *«nM /an.

OlatiHt.

1.

10713 Mar.
1051s
1051s Aug 1081s Apr.
97 June 99 Jan,
98isJau. 1031a June
a
117i»b. 11 8 Hi July 1221s .Ian.
l'27i3b. 1271a July 130% June
ill5
Feb. I19>t Juuo
104
ilo3 July 109 Jau.
a. 103 b. 103
July 108 May

1915

7b,

81 b.l 86 Peb.
104n8b. 105I9 Pcib.

113 b. lU7'ii Jan.
1U>«I>. 112 b. 1U9
Jan.
108 b. lOHVtb. l0.-.>4Jun.
101 b. 1011 b. H3''BJau.
97i>«A.ig.
98
981a
I13%b, 11.1 a 110 Jan.
10.1
a 09 Jan.
H5««b. lia-iub, ll3>aPeb.
115 b. lie
lll>«Peb.
103 b. i0;tV". 100 July
1:2 li.llW
Mar.
Miiy
"ii""
71
69
68 May
22>«b. 25
22^ July
90
95 Aug.
105
101
Feb.
105 b. 105 b.
Jan.

:<i.l'— lBt,I.JtM.7e,'»7
Coueol. 7b, 1905

l8l,tio. .Mill. 1)iv.—(;b, 1910....
let, Chi. Ji I'ttc.W.Dlv— 58, '21
Wis. ,V .Miu. Div.-68, 1921....

b.

Mar.

115%'

Cli.MU.v

Teniiluul
Clilc. A N.

36>«Ket>.
8'2i«July

83>a

l04^b.jl01%Peb,
I

Oen. Iiwa— lot. 7», "US), coup, ofl
C«ianil,.t N. .l.-l»t,7B, 18'JO..

Htiee Jan.

SFOCK EXCIMNOE, ANI» RANUE SINCE JAN.
Railroad Bondt.

32i|i

SlHl

83 >«

1037

Oiiur., iB.

C«r. South. —iBl KUur., Ss, 1008

N. Y.

169

on":>lldatcd bonda

6s, lons'ilidated, 'JU serlea
;«. liefer. ed. irust rec

ad other prices and tue range are lro.n actual sale*.

ms

. . . ^.

..
.

Average

Lnant and

Amaunt of—

Legal
lender*.

Specie,

Diecountt,

Net DepoMt
other

than U.S.

11,670.000
8,801.800
7.416,700
7.7h4,000
10,669,600
3.043.000
8,B63,700
3.S48,S00
1,S03,100
18.6S2,000
3,149.200

Msnhattan Co
VerrhanU'
Ifeebanlos'

meiioa
Phenlx
City

TnAMnien'a
Fnlton
Chemical
Merch»Lt«* Exch.
OaUatln Hatloual.
Bntcherfl* & Drov.
Mecbanlcg' <& Tra.

6.1'i9.i>00

1,986,600
1,88><.000

Greenwich
Leather Mannrrs.

1,107,800
3.320,700
1,358.500
3.640,000
16.502.000
16.581,100

,

Ward

Y

Stoteof N.

Americ'n Kxch'ge.
Comnieroe

Broadway
Kercantue

6,46-i,30l
7.453,30(1

I

i

582500
910.200
418.500
8-2.000

2,059,600
2,942,600

248,000
381,600

10,3'.;1.100

3,770..'SOO

IJTing

3.013.I'00

CAtlzeoa'

2.760.200
2.68 1,1 00
2,898.700

644.000
626,000
331,000
697,500
196.600
632,000
763.100
75«,»00
154,000

2,0:i7.400

2,899.000
6.520,900
4,621.200
2,230.100
18.725,100

Corn Exchange
Coutlneulal

Importers'

A Trad.

Park
North River ...
SastKlver
Fourth National

18.438,50(1

2.087.600
1,089.100
l7.7 18.900
8,110,000
3,394,000
6,152,400
ao,49u.too
4.458,300
1,436,900
2.3S1,800
2.313.800
2,689,900
6.810,400

..

Central National..

Becoud Natioiial
Ninth National...
First National
Third National.

N. Y.Nat. Exch..

Bowery

,

N. Y. County
German. Americ'n
Chaae National
Fifth A venue

3,64:).600

Oerman Exch'nge.

2,272.400
2,386,000
3,546,100
2,291.900
1,843,200
1.613,800
3,^34,100
1,984,100
1,914,630
1,962,100
6,942,100

Oeruiama
tJnitedHtaiea...

Lincoln
Garfield
Fifth National.

B'k

ot the

Metrop.

West Side..

Beaboard
Sixth National
Western National
'^°'*'

1,821.300
],02'2.000l

4.454,100
4,808.600
126,400
246.800
3.812.100
997.000
801.000

11,192,700
6,097.300
7,254.700
2,759,600
8,693,600
4,S26,900
2,60<,000
3,377,100
12,513,100
3.105,000
2,905.400

2,612,000
1.834,600
3,145,000
6,896,700
6,183,400
2,100,000
21.157.500
22,508.900
2,223,000
1,093,600
18.576,200
8.12 1,000

930.300
952,000
24S,000
279,900

1.166,;0i

416.400
383.600
1,364.000

918,600
120.600
110.'200

1.201,000

607,300
431,200
276,300
878,800
808 300
394.600
402,600
611,700

46,000
2'8i',000

'90,060

79,900
623,700
262,000
2,600

634.900
44,400
1,001,400
45,(100

855,000

42,200
45,000
46.000
40.700
46,000

4,111.001

5.331.300
19.643 100
4.805.100
1,239,500
2,297,600
2,806,700
2.294.900
6,461,200
3,781,100
2,813.200
2,663,900
3,908,100
2,793,900
2,096,800
1,696,100
4,618.900

1,204,900
217,000
146.300

201,900
222,500
89,800
304,700
87,600
603,500
876,300
89,000
130,200
142,100
111,300
169,300
253,300

silobo
360.000
45,000
41,000
45,000
432,200
2'6i',40()

224,300
180,000

46,000
46.000
46,000
133,900

8,105,100

RAILROAD EARNINGS.
Latest

Mamingi

Reported.

1887.

1886,

&
Allegheny Val.. AprU
Atch. T. * 8. F June

163,606

Atlanta* Char.. May
Atlantic A Fac 4thwkJuly
Bait. A Potomac J line
Baff.N.Y.<s k>m. 4 th WkJuly
BaJI.Kooh.&Pitt 4thwkJuly
Bnj^.R.ANo.l'i,"l wkJuiy
O^V.&Chlc. 4thwkJuly
..^
.
Oal.Bouthern
3d wk July
tCaiiiden & Atl'c June
OanadlanPaoille 4thwkJuly
Cp.F'rAYad.Val June
Central of Geo.. Jane
:

••'

.

CentralotN. J... April
Oanti&l Iowa.
June
Central Pacific May
Cuarlesi'n i Sav May
Cbesap. & Ohio. June
.

iilU.I.«X.*B.I^.

June

rawe.O. *8. W. June
Ohio. AAlton... April

148,391

1,521,376 1,252,754

84,600
46,217
122,797
78,300
52,793
44,987
17,772
29,463
61,123
327,000
17,985
394,765
'93,924

991,140
35,697
385,832
93,744
144,446
6^4,049
60,451
238,403

72,695
26,976
109,471
84,100
39.239
46.455
19,714
13,097
53,341
321,000
14,723
346,754

Jan. 1

to

Latett Date.

1887.

1886.

S
618, 856
9,071. 135
511. 646
1,491, 329
701, 390
1,509.742
1,113, 620
1,464, 834
40.1, 995

811, 396
243. 268
5,779, 793
123, 469
2,737, 934
3,405, 411
97,459'
617. 316
1,021,785 4,715, 503
36,491
227, 820
322,799 2,060. 111
67,412
483. 741
122,607
825, 797
576,634 2,636, 723

545,832

Q

A

A
A

A

.

3d

I

And branoboa.

wk July

9.813

4,.il6[

.Tan. 1 to Latest Dale.

1886

1887.

4thwkJiily

M

. .

W

.

.

Manhattan
Mar. Col.

June

El...

&No.

.June

...
...

Mar.Hough.A O. 4thwkJuly
Memphis AOhas. 3d wkJuly
4thwkJuly
June ...
2d WkJuly
June ...
4thwkJuly
Milwaukee A No 4thwkJuly
Minneap.&St. L. May. ...
Minn. ANo. West. :3d wkJuly
.Mexican Cent'i.
•Mex.N. (N.Div)
(So.Div)
do
all lines
do
MU.L.Sh.AWest.

ATenn.

..

'June

...

233,000
24,255
49,407
27,250
97,0 6
6.761
24,616
50,597
15,332
17,497
92.806
49.179
366,69H
.•i3,098

175.220
53.640
842,806
11.130
67.828
49,783
128,741
971.547
57,611
30,018
25.234
47.437
43,996
4,202
88,6 5
4,985
5,665
37,648
21.691
99,221
48,370
22.000
442,720
63,805
108,229
674,524
6,59^
50.300
30.804
104.210
38.750
14,726
130,''33

100,160
22,153
118,677
21,.507
24.609
170,891

211,179 4,198,945
18,0 5
25,036
218,709
37.136
629,257
75,690 2,64 ',820
7,324
1 8,496
27,583
473.655
4-^,580 1,418,557
58'',210
14,853
358,724
6,539
49,450
525,059
43,961 1,215,239
340,987 9,.'i44,102
28,810
2:^0,222
161,358 1,062,380
48,4 9 1,224,974
793,675 5,269,898
15,161
60,734
81,113
37K,831
46,421
300,664
142,695
741,229
936,370 6,011.126
65,255 1,427.3
28,262
193,493
l.'S,5 .9
264,001
33,302 1,451.833
24.225 1,094,355
4,682
133.419
72,419
462.410

9

5,323
161,2.i6
4,463'
35,8861 1,016, 890
120, 538
14,658i
96,9161 1,746, 018
41,- 25|
180, 936
18,039'
541, 497
438,379 8,708, 411

3,490,023

95,780
665,197
2,102,081
93,989
41.^.263

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
80.479

422.746
269,9.54

773,179
5,497,113
1,349.239
177,794
125,210
1,298,973
768,444
118.853
389.723
157,074
840,587
101,.370

614,166
163,102
445,650
590,307
958,067
731,476

63,527 1,221, 6'i5
101,678
917, 201
644,530 4,055, 727
,723,065
3,530
22, 479
.•^45, 684
514.751
49,366
24,387
846, 295
666,205
87,057 2.690 693 2,,119.804
282.976
45,288
250, 3841
527,896
21,482
573, 970
139,252
840,842
865, .I20I
81,108 1,760, 0931 1,.191,213
344.r-.12
18,169
513. .3821
568.982
121,364
615, 511!
201.801
574 .4421
6,943
180,391
22,949
205. .4.n9
155,027 1,289, 807' 1,,125.953
178,139 1,4.54 .2801 1. 080.802
2,664,245 16,725 .725; 14,.912,612
288.570
11,136
307. ,730!
1,536,808 9,512 ,138 8,,523,783
515,731 2,844 3611 2,,843,038
314,316 1,95!' ,897! 1,,790,823
732,721
47,426
813 .021
503,787
84,057
616 ,6991
56,719 2,182. ,092 1,,686,645
258,999
36,761
247 ,8731
432,537 3,081 ,593! 2,,582,401
418,060 6,571 ,601 6,,087,283
86.911
26i',487
34,906
311, 406
967,739
204,063 1,466, •391
481,735 2,259, 928 2,,331,313
,250,164
4,336,101 26,370, 734 23,
410,710
27,118
478, .891
193,176
27,836
183, .208;
332,382 1,864, 401 1,,667,710

Mobile A Ohio. 'July....
'..;41,071
Nash.Ch. ASt.L. June ...
N.Y.Cen.AH.R.. 'June ...
2,847,614
12.471
N, Y. CityANo. Wk .July 23
cN.Y. L. E. A
1,733,470
June ...
N.Y.Penn.A O. June ...
489,857
N.Y. ANewEng June ...
333,152
N.Y.Ont.AW... [4thwkJuly
48,721
N.Y. Sus. A W.. 'June
106,383
Norfolk A West. |4thwkJuly
73.444
N'theastmO.C.) May
37,313
Noithern Ceut'l. June
554.404
Northern Pacific 4thwkJiily 394.710
Ohio A Miss
4thwkJuly
82,350
Ohio Bouthem.. July
41,908
Oregon Imp. Co. May
365.733
Oreg. K.A N. Co. Juue
423.750
Pennsylvania... June
4,911,858
Peoria Deo. AEv. l4thwkJuly
23,644
Petersburg
'June ....
29.874
Phila. A Erie.... 'June
397,583
tPhlla. & Read'g June
,726,345
1,775,912 1,684,957 10,154, 498
Coal & Iron Co June
1,601,762 1,311,840 7,646, 0461 6.,433.069
Pitts. A West'ru June
678,101
150,584 140.347
908. 395'
F'rtRoyalAAug. 'May
141,854
22,755
17,339
152 466
P'rtRoyalAW.C. May
12.886
13,583
Riohui'd ADauv. 'June
296,561
269,834 1,987,154 1,889, 299
VTa.Mldl'd Div. 'Juue
692.,306
137,668 121,908
754,986
Char.Col.AAu. 'June
376 ,808
50,834
378,831
44,489
Col.AGr.Dlv.. 'June
306 ,629
25,039
244,5951
24,052
West.No.C.Div June
240 .143
59,951
44.038
33 t,061
Waah.O. A
.June
43 600
8,800
49,600
8,300
Ashv. &8par.. June
22,2(10
12, 530
4,500
1,800
Rloh.&Petersbg. iMay.
94,385
87, 545
Rome W. A Og. iMay
234,638 2'i2,658 1,110,900 1,014 753
St. Jo. A Gd. l8l 3d WkJuly
20,39"
603 ,865
17,100
588.422
St.L.Alton&T.H 3d WkJuly
635, 002
26,342
23.675
715,736
Branches
13d WkJuly
16,850
467.905
370, 116
14.750
St. L. Ark.ATex, 4thwkJuly
63,577
879, 776
46,482 1,198,495
S(.L.A8an.Fran. 4thwkjuly 189,400
143,679 3,194.755 2,451, 731
St.L.Van. A T.H 1st WkJuly
64,914
64,509
8t.l'aul A Dulutb ithwkjuly
8'39,515
715,,627
48,475
42,808
SuP.Mln.AMan. Juno ...
613,080 479,194 3,454,109 2,947 ,518
Scioto Valley... May. ...
2t0.53l
248, 690
58,733
46,731
.Shenandoah Val. June ...
300, 921
73,000
60,0
393,638
South Carolina.. June ...
61,618
521, 010
62,419
532,154

W

I

I

,941.368

478.910
777,6.iU

633,470
416,346
741,493
,358,720

351,128
344,457
214,529
158,690
104,871
,643,513
,023,294

598,446
,368,098

217,100
.819,818

393,476
730,268

,289,259
Chic.
Atlantic 4thwkJuly
41,889 1,199, 358
835,674
Chic. Burl. & No. May
1,007,,648
Chic. Bur. &
June
2,140,833 2,148,532 13,276,,107 11, 523,359
Chic & East. ni. ilhwkjuly
40,639
41,250 1.106. 929
9.14,272
Chic. Mil. &8t.P..»n,wii
4th WkJuly
551,000 671,243 13,039..554
.674,602
Chic. <Si N'thw'n. Liune
2,166,218 2,118,448 11,799,,837
,779,599
CTilo.Bt.L.APitts 3d wk Jiily
104,286
87,903 2,987,,544
.426,'?26
Chic.8t.P.M.&o.ljune
550,661 496,271 2,995,,231
,6:10,897
OlUo. AW. Mlch.UihwkJul'y
33,924
38,300
773,
,553
759,9,'i3
On. Ham.A n..|utwkjulv
70,121
65,565 1.597,,308
,369,173
rail.rn<1.8t.L.AO.|4tliwkJuly
66,873
67,231 1,487,,256
,416,199
Ctii.Jaok.&Mack 3d wk July
9,.534
8.146
227.,916
205,863
Oil. N. O. oif.P.^ad wk July
56,395
58,930 1,743.,703
,440,813
Al».Ot. South. 3d wk July
23,929
16,972;
787,,650
595,031
H.Orl. AN.E.tsdwkJuly
7,661
6,582
341,,830
320, li 8
VkAsb. Mer '3d wk Julv
7,511
7,197
261,,955
257,513
Vloto.8h.AP.|3dwkJiily
7,152
5,333
258,
,099
213,293
ErUnger Byst. '3d wk July 102,541
95,014 3,393,,'238
,8'26,788
Oto.Bloh.AFt.W. 3d wkJuly
7,205
7,453
209,,577
192,727
01n.Waab.ABalt 3d wk July
38,038
32,289 1,104,,486
,008,327
Oev.AkroDAColi3d wk July
11,253
10,544
298,
,857
280,109
Ol6T.
Canton. June
3u,14l
33,147
172,,503
160,906
aeT.Ool.O.A Ind June
374,448 335,741 2,039,,420
,819,228
Clev.
Marietta 4thwkJoly
5,940
7,761
169,,005
158.491
OoU A Cin. Mid 3d wkJuly
5,868
6,422^
165,,921
153,959
CoL Hook.V.&T. June
191,078 163.300; 1,237,,541
980,680
Col.
Rome
May.
2,951
3,3881
28,
,321
25.701
Dunb'y ANorwk May
18,239l
19,501
85,,600
80,383
Dayt'nFt.w.,tc

A

3d wkjMly

4thwkJuly
3d WkJuly
Fla.R. ANav.Co. 3d WkJuly
Ft.W.ADen.City 4thwkJuly
Georgia PaciUa June ...
wkJuly
Gr. Rap.&lnd..
WkJuly 23
Grand Trunk
Gn.BayW.&St.P June
Gall Col. AS. Fe. June
Hous.&Tex.Cent 3rt wk July
m.Oent.(m.&8o) June ...
Cedar F.&Mlu. June ...
Dub.ASloux C. June ...
la. Falls A 8.0. June ...
Tot. Iowa lines June -.Total all lines June ...
Ind. Bloom.* W. 4thwkJuly
Ind. Deo. A Spr. June
Jack. T. & K.
June ...
K.C.Ft.8.AGulf. 3d wkJuly
M.
A
Kan. C. 8p.
3d wkJuly
Kan. C.Cl. ASji. 3d WkJuly
Kentucky Cent. June
KboKuk & West. 3d wk July
Kingstou & Pem 4th WkJuly
aLakeE.&West. 3d WkJuly
Lehigh A Hudson June ...
Long Island
4tbwkJuly

Miss.

"is'odo

356,294,800 75,618.000 22,824,400 361,785 700

Week or Mo

June

4thwkJuly

Lou.N.Al.&Chlc. 4thwkJuly
Loolsv.N.O. AT. June ...

42,100
172,000

B0AI>8.

4thwkJaly
3d wkJuly

Loulsv.ANashv. 4thwkJuly

2.177,400
2.210,100
3,442,400

115,000
469.300

Denv. ARloGr.
Denv. A R. G. W.
Det.BayC.&Alp.
D6t.U»n8'KANo.
E.Tenn.Va.AGa.
Evans. Alnd'pUs
Evans V. A T. H.
Flint & P. Maro.

446.606

42,;;oo

1886.

1887,

$

444'5o6

2.27ti.600

201,90(1

WeekorXo

Loiisia'a&Mo.R April...
Louis. Ev.ASt.L 4thwkJuly

981,000

XLV.

Roads.

. .

3,2'26.300

1,180,600
1,23S,700
128.900
85,000

3,726,800
1,293,400
133,900
381.200

45,000

14,577.nOir

967.30..

292.800
471.200
146.400
856.500
342.800
141.900
210.300
654.600
186,000
156,600
482,700
99,600
101,000
273,000
311,000
575,200
199.000

394..00

Peoples'

Nicholas
fihoe & Leather.

162,300
78.900
184.400
1,423.000

1,369,500

4,422,7(10

Bt.

185.00.)

140.100
779.700
283.100
677.900
2,679,000
2,564.300
923,800

2,705,600
7,998,«00

Nassau
Market

394,700
185.000
381.000
181,100
73,300
433,700
826.700
286,400
66.100
218.000

578.1100

Pacitlo
Repiiblto

Korth America..
Hanover.

3s0,((00

4.831.000
375,600
353.700
7,'24 1.600

Cbatiiam

11,200.000
S.B08.000
7.758,400
6,568.000
9,863.300
2,904,000
11,257.300
2,169,600
1,406,700
20,8 i 5.200
3,603.700
3.980.700
1,847,100
2,006.000
1,123.200
2,815.00)
l,345,«O0
8.216.600

860.000
348,000
810,700

2.170.000
1,B3 1,000
1,225,600
1.6 13.000
1.635.300

tion.

$

$

New York

Circula-

[Vol.
Latest Earnings RfpnrU'd.

City BhuKS.— The following statement shows the
for the
eoadition of the Associated Banks of New York City
week ending July 30, 1887:

New «ork

Oneutal

1

THE CHRONICLE.

170

fiereuth

.

W

1

So. Paoltlc

Co.—

Gal.HaT.A8.A. Mav
Louis'a West. May
Morgan's LAT .May

368,087

N.Y.T. AMex. May
Tex. & N. Oil.
Atlan'csysl'm

May

Paoillo system

May

5f ay

Total
May
Statenls.Rap.Ti .June

Texas A Paiilic. June
Tol.A.A.&N.M'b 4thwkjuly
Tol.&OhioCent 4thwkJuly
ToL P. A West.. 3d wkJuly
Union Pacitlo... June
Valley of Ohio..

May

Wab. Western .. 4thwkjuly
Wab. K. of Miss. June
Juno
iWest Jersey..
Wll. Col.

& Am

May

WheeUng A L. f: 4ihwkJuly
Wlaoonsm Ceut'l 3(1 WkJuly
Mln. St.C.A W. 3d WkJuly
Wis. A Minn.. id wkJuly
;

191,471 1,343,270 1,031,373
316,1.«.8
251,755
46,550
280,245 1,646,996 1,706,258
52,493
11,430
70,743
370,868
117,436
480,019
63,004
914,1671 592,700 3,857,186 3.416,498
3,227,147 3, 146,525 9,572,768 8,750,139
3,141,314 2, 739.225 13,429,953 12,166,637
11.2,148;
311,538
83.435
354,718
360,478! 396,376 2,596,775 2,492,269
13,088'
183,018
9,253
269,368
43 (,907
36,766
21,983
547,840
17,861
447,772
15.519
477,442
2,506,828 .2^4,458 13,021,893 11,331,057
59,731
215,469
50,537
255,954
208,026 167,598 3,512,808 3,021,310
558,850 536.32-' 3,050.731 3,010,298
130,708 115,380
545,639
600.51 I
47,604
45,622
304.807
293,792
321,34'2
19,374
18,178
404.289
33.704
23.971 1,080,821
800,802
8.605
3,715
122,692
258,766
92,222
15,531
2,944
477,406
73,281;
333,1481
23,2151

Including branches,

*

Mexican currency.

A Chic.
A Ohio.

alucludiugsinoo Feb. Ist in both year.i the Ind. Peru
.

ot New Jersey in either year.
including earnings of New York Pennsylvania

tNol Includlug Central
6

Not

MJ

AuacsT

6,

5

—

I

I

THE (JHRONICLP.

1887.J

171

OKNKUAL QUOTATIONS OP STOCKS AND BONDS.

Knw York raprnaent tlm

|>ur u«nC vitlna, «rl> tiurnr tii>i i)4r fn \y l>a
uLtinr iiuot til lOt
rrnjiimitly ni»'1<i por •hM«>
Th« followliu al)l)r«vl»tlonm«r«) <>ft<m u»<«l, vl» "M." fur tiDrtici/i; " «., ' fur i<i>lil; " ic'il," for Kuarsntnwl " ami ," for snSorMd
(Drooiuulldftted; "ounv.," foroonvonllile : "a. f.," fomlnklnit fiiml;
I. «.." for Unci Kraot.
QoototlODSln Naw York are to Tbnraday ; from othnr v\l\m, to late mall date*.

Qiiotitllonn In

»n

:

;

Sabacrllxra wrlll eonftr

STATM BOHM.
STATE!) BONDK.

DltrrBD

UNITKD
4><ii, 1H!»1
4>«s, 1891
4s, 1907
4s, 1907
6«, Ciirrtvnoy,
6s, C\irri-noy,
6s, r\irri'n»y,
6s, Ciirri'iioy,
6s, CiirriMicy,

tkror by glvlnn notice of aBf error dUcorerad In ttiaae
OlTT SEODRmta.

Bid.

108
:09
reg...Q— 137
ooup.. .0— 127
J*J 123
reK
reg
JAJ 121
J*J 127
reK
rt,«..Q—

ooup-.O—

1895
1896
1897
1898
1899

Ten

Cla«8
Class

••

100

B," 58, 11)06

'•('," 4s,

6s, 10-20,

1906

1900

Arkansas— 68, funded, 1899

A

J A J
AJ
AAO
AO

102
10

..J

A

AO
AO
78, Ark. Cleutral RR., 1900. A A O
JAJ
7s, Levee of 1871, 1900

2d
25
10

78,Mls8.0.& R.Rlv.,1900..A

4

n'g., 3>«s, 1904
reK. or coup., 3s,

106
104
102

ue

119>ii

Wash.— Kund.loan(Cong.)68,g.,'921iH0'«
Fnnd. lo»n(I>^g.)68,g.. 1902 Varl 126is
Market stock, "8. lt<92
'112>t
138
Water stock, 78. 1901
135
do
78, 1903
norida—Consol. gold 6s
J A Jt HO 115

Q—J
108
.JAJ;104<| 105 14

Oeorgia-7s, gold bonds, 1890.
4is«, 191.'i

JAJ'120

Ixiaislana— New con. 7s, 1914..JAJ lUO
Stamped 4 percent
84'»
Baby bonds, 38, 1886
FAA 50

1890
Q-J 101
1890
d-J 105
8-658, 1897
JAJ
107
Massachusetts— 58, gold, 1891. AAO lO.ii* lOtJk
5s, gold, 1894
JAJI 111 112
Ss,K0ld, 1897
MAS 113 115
Ulohlgan— 78, 1890
MAN 106
Minnesota- Adj. 4>9S, 1911, 10-30.. 102>9 105
Missouri- 6s, 1888
J A J lOO 102
Funding bonds, 1894-95
J A J 112
Long bonds, '89-90
J A J 104
Asylum or University, 1892. J A J 110
New Hampshire— 58, 1892
J A J 105 >» 106
War loan, 68, 1892-1894
JA JllllO 112
War loan, 6s, 1901-1905
J A J 125 127
New Jersey—68, 1897-1902.. ..JAJ*1125 132
68. exempt, 1896
JAJ* 121 125
New York— 68, gold, reg., '87.. .JAJ K-O"!
68, gold, coup., 1887
J A J 10u»«
6s, gold, 1891
J A Jill2
115
68, gold, 1892
«s. gold, 1893
AAO|118
Fo.Carolina.-68, old, 1886-'98..JAj! 35
68 N. C. RR., 1883-5
J A J 1! 170
68
do
7 coupons off
AAO 140
12
6s, foDding act of 1 866 1900 JAJ
es, new bonds, 1892-8
J&J 20
6s,
6s,

!

A&O

RR

68,1919
Penna.— 58,new,
1912

4s, reg.,

AAO
J A J

8

14

1,1898-9AAU

96

AAO 123
reg., '92-1902.FAA 114>s
FAA 121

Rhode Isl'd— 6s, 1893-4, coup J AJ 1 1
8outhCttroltna—68, Non-fund., 1888.
6
Brown consols
105
. .

Texas— 68, 1892

60
70

JAJI 130

J

A I)

Virginia— 68, old, 1886-'95....J A J
68, new Ixmds, 1886-1895.. .J A J
68, consols, 1905. ex-coup
JAJ

JAJ

6e, oonsol., 2d series
6s, deferred bouas

Tax-receivableooup8.,fromcons'l8

from 10-408.

107>« 109

48
48
42
60

46

10>8
SI"*

33

28''g

29>4

12

JAJ 6J»« 64 >«
* rec.,:!t"5,19l9.JAJ
39

CITt NECUItlTiES.
Albany, N. Y.— G8,long

Varloutt 118
78long
t 140
Allegheny,Pa.—5»,op., '87-97.. V«r. 100
4iss, coup., 1885-1901
Var.;100
48, coup., 1901
Var.IlOS
Allegheny Co., 5s, cp., 1913.JAJ5'lOO
48, not loan,
48, riot loan,
6s,
do
4s, refunde<l.

5-lOs
10-20S
10-208
5-208.

Atlanta, Ua.— 78
Uo. 88

Waterworks
Augusta,
Augusta,

Me.— 68,

1891-1906

100
100
101
103
115
112
114

1905, Fund. JAJI 121
0»—78
Various 109
Austin.
In.Tcxaa-lOa
Texas— lOs
115

IMI*
13ft

104

So"
100
100
107

68

New Orleana, La.— Premium

05

1

bonds. 123

iii'i
Consolidated 6s, 1892
Var 107 •<
78, Bridge, 1902
Newport, Ky.— Water bonds 7-30s. 108 1??
"
128
7s, Bridge. 1920
130
New York City- 5s,
1908
78, Kings Co., 1888
125 107
6a, 1896
132
Buflalo. N. Y.— 78,1895
Var.l
68, 1901
134
114
7s, water, long
Var.l
7a, 1890
131
MA 81
6s, Park, 1926
133
78, 1896
142>«
102
Cambridge, Mass.— .58, 1889... AAOI
78, 1901
114
JitJ
68, 1894. water loan
Newton—6s, 1905, water loan.. JAJ 1'29 in
117
J&J
68, 1896, water loan
JAJ 115 117
5s, 1905, water loan
68, 1904, city bonds
JAJ * l'i9 130 Norfolk,Va.— 6s,reg.8tk,'78-85. .JAJ 100 lOf
90
Charleston, 8.C.— 68,Nt'k,'76-98..(l-J
Var. 116
88, coup., 1890-93
125
tire
loan
bonds,
7s,
1890.. ..J A J
88, water, 1901
103
AAOI 114 ni"
'7s, non-tax bonds
Norwich, Ct.— 5s, 1907
90
4s, non-taxable
78,1905
J.AJ 138 141
116 i3y
Chelsea. Mass.—68,1897. water loan) 118
120
Orange, N. J.— 7s, long
100
1897-8-9
Chicago, ni.— 78, 1892-99
115>i
7s,
Oswego, N. Y.—
113
6a, 1895
Paterson, N. J.—7a, long
Vai 125 lisr
118
4iae, 1900
107
6a, long
110
3-658, 1902
100
.6s, long
106 110
115
Cook Co. 78, 1892
4>a8, long
103
108
Cook Co. 5s, 1899
4s, long
105 >4 106
Cook Co. 4's8, 1900
JAJ 110
Petersburg, Va.—6s
102
West Chicago 58. 1990
JAJ 118
8s
Lincoln Park 78, 1895
105
8s, special tax _
109 14 Philadelphia, Pa.—68, 1886-'99 JJtJ 119
West Park 7s, 1890
105 107
South Park 68, 1899
68, new, reg., due 1900 Aover.JctJ 135 >•
MANI 116
104
Cincinnati,
6s, 1897
Pittsburg, Pa. 4b, ooup., 1913.JAJ. 103
132% 134 >i
7-308,1902
JAJ. 116
58, reg. and ooup., 1913
102
JAJI
Var. 120
4s
6s, gold, rog
Southern RR. 7-30a, 1906.. .JAJt 132 ISbHi
78, water,reg.Acp.,'93-'98...AAO. 128
113 lis
6s, g., 1906
MANI 121>i 1221s 58, Refunded, 1912
do
108
Cur. 6s, 1909.. ..FAAt
124
110
do
1915.
do
48,
Skg. fd. 5b, 1910MAN 113
114
110
do
Portland, Me.—6s, Mun., 1896. Var.l 108
104 105
Hamilton Co., 4s
MAS 120 122
68, railroad aid, 1907
JAJ 102 103
Cleveland,0.— 78, 1887
Var.l loo's 101
48, funded, 19J2-12
7a. 1894, funded debt
AAO llOij 118 Portsmouth, N. H.— 68, '93, RR. J All 109 111
MAS 120 122 Poughkeepsie. N. Y.—78,water long I 140
78, 1896, canal
115
Var. 114
6s, 1898
i^ovidence, R.I.— 58,g.,1900...J,vj 114%, iiT
58,1887-89
Var. 100 "4 101
^34
68, gold, 1900. water loan. .J A Jt 122
35
Columbus, Qa.—7s
Var. 110
Rahway, N. J.-01d78
68
100
101
6s
New adjustment
114>« 116
Covington. Ky.—7-308, long
Richmond, Va.—6s, 1884-1914.JAJ 120
110>4
JAJ 138
Water Works, 1890
88,1886-1909
t 109
JAJ 103
4s, 1937, new
t 103% 104
58,1914-15
1103
Dallas, Texas— 8s, 1904
110
..-..
4s
108,1893-96
110 115
Var. |112««
Rochester, N.Y.—6S
143
100 103
JAJ!
Water, 6a, 1900
water,
1903
7s,
101
Detroit, Mich.— 78, long
Var.l 130
Rockland, Me.—6s, '89-99,RR. FAA '100
Var.l 135
135 >a it. Joseph, Mo.— Comp'mlse 4s, 1901 90
78, water, long
Var.l 100
Elizabeth, N. J.— New 48, 1912. JAJ 79
'vo6h
83
at. Louis, Mo.— 6s, short
110
Var.t 109
Evausvllle, Ind— 78, long. Various
6s, 1892
Var.l 109
no
127
Fall River, .Mass.—68, 1904. ..FA Al 125
Os, long
1021s
103%
gold
Var.!
FAAI
108
10-30
1894,
108
58,
5s.
JAD.I 1021s 103 >•
FAAt 114 116
5s, 1909
4s, 1905
124
135
AAO!
gold.
1905
Fltchburg, Mass.— Os. '91,W.L. JAJI 106
107
Co.—
6s,
St. L.
101>«
Var.. 100
Galveston, Tex.— 88,1893-1009.MA8 101
103
Currency, 7s, 1888
90
!
95
1920
95
1912
JAD
100
58,
3t. Paul, Minn.—48.
100^
1 100
Hartford, Ct.— City 68, var. dates..! 104
114
4>«8, 1916
ilOO
t
105
6s
untax,
191.i
Caplto',
121
58.
100
! 100
lTown4>s8, untax
Hartl
104
I 101
6s, 1889
106
t 100
Haverhill, Mass.— 68, 1889... AAOI 103
104
7s, 1888
138
! 126
Hoboken, N. J.— 5s, loug
113
114
83, 1904
1-24
126
W.L.AAOI.
long,
117 lid
6s, long
Salem, Mass.—6s,
JAJI 115 117
124 125
78, long
5s, 1904, W. L
103
103
40
Houston, Tex.— lOe
Savannah funded 5s. consols
40
SomervlUe, Mass.—5s, 1895. .AAOI 106 >• 103
68, funded
lU
AAOI
US
7-308,'93-9,
lndianapoiis,Ind.—
JAJI 110
5s, 1905
131
109
Springheld, Mass.—6s, 1905.. AAOi 129
Jersey City— 68, water, long, 1895.. 107
AAO 135 138
JAJ 120 135
78, water, 1899-1902
7s, 1903, water loan
133
113
Toledo, O.— 7-30S, RR., 1900. M A N 120
7s, improvement, 1891-'94....Var. 108
118
Var.l 115
JAJ 118 120
88,1893-94
7s, Bergen, long
MAS 117 118 Waahington, D.C.— Sm DIst. of Col.
Hudson County 58. 1905
.AAOI
110>a 111
JAJ 126
Hudson County, 6s, 1905
i^orceater, Mass.— 68, 1892..
AAO 115 117
J*D 114 116
Hudson County 78, 1894
5s, 1905
100 107
AAO:
BayouueCity, 78, long
JAJ 112
48, 1905
R.1II.UOAD BONDS.
Lawrence, Mass.—6a, 1894.. .AA Ot 112>1 114
wM\
eotuolUt'ted
AAO 122 124 (Bonds r>f companUt
68, 1900
be/ounit undtrtheeoiuol'dtiaine.)
Long Island City, N.Y— W»ter,7a,'95 102
115
134
Ala. Gt. Southern- 1st mort.. 1908t 114
Louisville, Ky.— 7s, long dates. Vw.l 123
Debenture sorlp, 68. gold, 1906.. t lOi
Var.l 104
112
78, short dates
63
Var.l 109
111
Ala. N. O. T. Ac. 1st deb. 6s
t
6s, long
,eo
00
Var.l 101
102>«
1
2d debent. 68, 1907
6s, short
MAN 105 lOS ».lb'y A 8usq.— Ist M., 7s, '88. ..JAJ
68,1890-1900
140
Consol. mort., 78, 190e.guar .AAO|
'LoweU, Mass.—6s, 1890, W. L.MANI 105% 106
Consol. mort., bs, 1906, guar.AAO 118% 119««
J A J 107 '108
Lynchburg, Va.—6a
122
Allegh. Vai.- Gen. M., 7 3-108.. JAJ 115
J A J 121
8s
FAAi 10014 100^
Bast, exten. -M., 78, 1910.... AAO 103
Lynn, Mass.—68, 1887
AAO 19
JAJ 113 114
Inoome.78. end., 1894
Water loan, 6s, 1894
Hi
Atoh. Top. AS. Fe-l8t,7s, '99 JA/I 119
JAJ I16i« 118
Watt-r loau, 68, '96
Land grant, 78, g., 1903 --.AAO' 118 II9
MANI 114 I1I6
58,1905
•
JAD
1911
107«i
Sinking fund, 6,1,
111 1112
Maoon, Ga.— 7s
120 t*i
JAJAAAUl v-t"
1909 .. J»»J«a<»'-"
7s. laua
Guaranteed 78.
Gaaraoteed
H.-6s.
6s. 1894.. ..JAJI 112181114
112>alll4
Manchester, N.H.—
Manchester,N.

MAN

1

C—

1

I

1

I

.

106
105
101
101
101
102
104
119

I

i

I

'

Funding bonds, 38,11132
10-408, cp.

112
129
147
165
140
155
108
114
135
115
101
113
110

109

.

7's

M&sril5

1892-1910
1904

Vermont— Gs, 1890

Do

99
125

108
65
75
lOli* 103
103
70
72's
MA8I 110

Bettlement, 6s, 1913
Settlement, .=)8, 1913
Bettlement, 38, 1913
7s, gold,
78, gold,

16

1

Tennessee— 68, unfunded
Compromise bonds, 3-4-5-68, 1012

107
116
114
130
149
160
142
160
109

11-%

103%

I

SbU,

Maine—48, 188S
FAA lOC^ 100\
War debt8 assumed, 6s, '89. AAOt 105 106
Maryland— 68, 1887
JAJ
6s, Hospital, 1887-91
JAJ 100 Hi

6s, Chatham
6b, special tax, class
4s, new, cons., 1910

JAJ 106

4s, ourrenoy, long
Brooklyn, N.Y.— 78, 1890
6s, Water, 1891
68, Water, 1899
68, Park, 1924
78, Park, 1915

1»

111
130
136
138
New nedford,Ma8a.—6s, 1909. AAOI 130 130 >•
A.AO 112<a 114
68, 1900, Water Loan
N. Brunswlok.fl. J.— 78, various...! 103

AAO

10
8

Funding 5h, 1899
JAJI n3>«
Perm. Imp. 68, guar., 1891. ..JAJI 108»«
Penn. Imp. 78, 1891
JAJt!lll>«

Kansas— 7s, long

New

HI

A
..JAJ

m

F4A US'*

OoD8.3-658,iyi!4,op
Cons. 3-658, 1924, reg

103 >t

A

A

100

*

JAJ 131%

MAN

JAJ* 103
1910

CoUimhla—

Bid.

N.n.—0a, 1003

AH

137%

Oonneetlcnt—

New,
New,

«tii<»<«tloii«.

OlTT BaoumiTiM.

MAP

California— 6s, funtled debt of 1873-

Dlntriet of

"

6a, Park, 1890
106% Memphls,Ten.— Taz.DI«t.8Iielli70al 00
112
6s, bounty, 1893
Milwaukee, Wla.— 6a, 1891. ..J
D, 100
do exempt, 1893...M
6a,
112
7a, 1896-1901
Var. 107
5a, water, 1894
JAJ 111
7a, water, 1903
JAj' 109
6a, 1900
JAJ
128
MloneapoUa—Is. 1006-1916. Various 102
ea. West. Md. RR., 1903 .... JAJ
12«>t
Oa, 1803
Varlonsl loo
58, 1916
130 I31>«
88. 1886-1 905, long
Var1on«l
4s, 1920
JAJ 112 114
4>«s. 1916
Varionsl 100
Bangor, Me.—6s. RR.,1890-'94.Var.l 106
110
MobUa, Ala.-8-4-5s, fnnded..J J 70
6s, water, 1905
JAJI 120 121
Montgomar]r, Ala.—
70
3s
6a, E.A N.A. Railroad. 1804. .JAJI 109
6s, new
00
6a, B.
PIsoatanulH i{R.,'99.AAOI 112
114
Nashville, Teiui.—6s, abort
Bath, Me.— 6s, railroad aid
101
Varl 100
6s, long
lOlif 103
68, 1897. municipal
Newark—48, long
104
Belfast, Me.— 6s, rallniad aid, '98.. I 103
105
105
4'i8. long
Bostou.Mass.— 6s,our,loDg,100SVan 129 131
110
68, long
6a, ourrenoy, 1894
Var. 113>a 114
.Var.l 'no
6a, long
118
Sa, gold, long
Var.l 116
Var.l 124
78, long
4isi, 1908
111
113
7a, water, long
Var.l 126

38
30

Ft. 8. Issue, 1!)00.
7s, L. R.
L. K., 1H99..A
7s, Memphis
7e,L. R. P. B.AN.O., 1900..A

i

Q-M

109 >•
127>«

KTATK SECURITIRS.

AlabaiuM-<^a8s"A,"3to5, 1906...

Bid.

Baltlnior»-6s. oonsol., 1800.. Q -J ioei« 107
Manchester
108 If
6«, Bait. A O. loan, 1890
Q-^
106% 4a, 1911

JAJ 130
JAJ 131

re(t

:

no

I

1

1

1

'

123

I

I

130

Pnueiiumiuai; no late transactions. tPuronaoer also pays aocrued interest,

m

I
1

tin London.

}

Part being redeemed. H Coupons ou sjnoo

o«»,

F
J

.

F

.)

THE CBRONICLR

172

[Vol.

XLV.

GENERAL QUOTATIONS OF STOCKS AND BONDS— CoNTi>fnED.
For Kxplanatloa* S«e Noteg
Bid.

raiuoad Bondb.

at

of Flrgt Page of Ctnotatlonn.

Head

Bid.

BAII.ROAD BONDS.

A8k.

J.feJ 1109
Che8hlre-68. 1896-98
>tch. Top. & 8. Fe-(Contiuued)- flOO
lOOH Jhe8.0. &8.\V.-M. 5-68, 1911. F&A lOo
S*. 190H (Istmort.)
t..
J.
1911
2rt mort., 68,
M&b f 95
v-^*'^ , , ,
6* plain l>oml9. l^'-^O
97
Ohes. & Ohio— Pur. money fd.,18Sb 1 12
AdiO t 95
4i«g, 1!>20
A&O
Series A, 1908
Floremn A El Dor'do, l8t.78. A&O tll2 126
M&N 1174
68, gold, series B.
K.C.Toj>ekaAW., 1st M.,78,g.J&J tl24
70
..M&N
......
1986.
Extended 4.s,
Income Ts.AifcO tllS 117
do
68, currency, int. def.. 1918. .J&J
».Mex.&So.Pac.,l8t,78,1909 A&O fl'.8>» 1191s
A&O.
Hi
1911
Pneblo & Art.V., Ist, 78, g.,1903. tll«»s
113%
U>5
Chic. & Alton— l8t M., 7b, '93.. J&J
BoDtirs, I8t, 78. 1910, gHiir.. J&J lu4's
118
Sterling mort., 68, g., 1903. .J&J 122
WlohlUiA8.W.,lst,78,K.,gua..l90:; tll5
123
line,6s,g.,1903.M&N
121
Kan.
C.
L.—
lst,78
Bd8.
Air
Jtilaiita & Charlotte
105
i'03
Miss.Riv.Brldge, lst.,8.f..6.s.l912 103
luccrtue. 69
-,-„•.
ti
Mo.K.,l3t,7a,1900F&A
19i*7..J<tJ
Louls'aA
4r.
JkUantlci I"ao.-lBt
2d, 78, 1900 M&N ild"
do
J&J 32% 3-14
W. D Incomes, 1910
105
lOu
St.L. Jaek8'v.& C, lst,78,'94. A&O
Ctniiral Oivlsion, old lis
3OI4
2a''e
do l9tgiiar.(564),7s,'94A&0
iuionies. 1922.
do
50
do 2dM. (360), 7s, '9S .J&J
aco. ld.gr. 68. 1901
do
io2'i
A&O
do 2d guar.( 183) 78,'93.J&J
Balttinore & Ohio -New Is
85
1121a
Atlantic— 1st, 6s,1920.M&N
F&A
Chlc.&
SBKold, l»i5
30
........F&A
105
2d. 68, 1923
East Side f'f, 1935
12!)is
11-.^
190o.J&J
jiid"
78,
(i.-Cous.,
&
J&I>
B.
Chic.
li»iJ7
BterUng, os,
tlOJ
J&U
MAS jii'.i 114
Bonds, 5s, 1895
SterUnK, 6s, 1S95
A&O lOJ
58 1901
BterUng mort., 68, g., 1902. .MiVS [120 1:^2
M&N 1051«
116
6a, g., 1910.McSiN :L24
5a; debenture, 1913
do
A&O Ill's
1251*
DiT
Iowa
1919.
.A&O
1919,
5s,
Br.,
68,
Parkersburg
A&O 98 «
124
do
48,1919,
Balt.& Pot'c— l8t, 6s,g.,1911.JA.I
95>a
1'&A
124
1922
Div.,
1911
-A.tO
Denver
g'd.
48,
tunnel,
68.
^Bt.
a-,
M&S 89ii
81
84
BeiihCjv.k-ltt,g'id,4s.l9.<6,J&J
48, plain bonds, 1921
1115
78,'93.A&0
I'd
M.,
B.,
Mo.
isys
J&J
BurT&
^8,
Ist,
aieii'BOai>—
Conv. 88,'94 scr.J&J t
do
A&O
CoBSol. 6s, 1913
tli'O
Bur.& Mo.(Neb. 1 st,6.s, 1918. J&J tlOdi*
SelvldereUel.— lst,68,e.,1902.J&l: 116
104
P&A
do Cons, 6s, non-ex. .J&J
Cons. 48, 19.:7
9119
1
113
1910...
J&J
(Neb.),
48,
1892.
..F&A
do
Albany—
78,
&
Buetou
JifeJ 1112^. 113
do Neb.EK,lst,78,'96A&0 1112
68,1895
1119%
S.W.,l8t,88,J&D
100%
tU04
Om.&
8.P.,68,'89.
do
Mon.—
J&J
Ccnc.&
Boft.
loeij
A&O tuoia 111
ni. Grand Tr.. 1st. 8s. '90... A&O
Consel. mort., 7s, 1893
A&O tlo5 1051s Dixon P00.& H., Ist, 8s,1889. J&J 105 1»
Consol uioit.,6», 1893
tl23
Ott. Oaw. & FoxK., 88, 1900. J&J
»0»t. Hart.& E.— Ist, 78 1H0O.J&J
J&J
Quincy& Wars'w, 1st, 88, '90. J&J tlOTia
Isl mort., 78, guar
99
Bost.H Tun.&W. ileb. 5s. 1913 .M&8
Atch'n & Neb.— Ist, 78,1907 M&S 1127
lu5
A&O till 112 Ohio. Burl. & Nor.—6s, 1928
Boston & Lowell— 78, '92
J&D 104
Debent. 6s, 1896
6«, 1896
J&J tll2 113
24
110
tlo8
A&C
80.—
ist,
7s,
1902
1899
J&J
Can.
&
8»,
Chic.
M&S 102 <« 103 "s Chic Kan. & West'n.- 1st, 5b, 1926 98
4«, 1905
5914
107
109
1903
M&N
68
Income
^ss,
Boston & Maine— 78, 1893
J&J tllo 116
Chic. & East 111.— Ist mort. 68, 1907 114
J&J 117 118
7«, 1894
Income bonds, 1907
116
Bost. & Providence— 7b, 1893. J&J tll5
Ist, con., 6«. gold, 1934 .... A&O 115
98
Bo8t.& Revere B'h— lst,68.'97 J &J tll8>a 120
Cmic. & Or. Trunk— 1st mort., 190u
50
Briullord Bord. & K.— Ist, 6s, 1932
Ch.&Ind.Coal K'j'.lst 58, 1936 J&J
10
d
20
Bradf.EUl.& Cuba— l8t.68,1932J&J
8.
Ist
8b,
1839....
&Mich.
L.
Chic.
108^ Chic. Mil. & St. Paul—
Brooklyn Ele.— Ist. 68, 19;Z3..AA0 108
125
81
2d luortg. 3-58. 1915
8s,
1898.
F&A
J&J 82
Div.,
Ist,
f. du C.
Bntt. Bran.& P.— Geu.M.78,'96.J&J 103
P. D.,2d M., 7 3-108, 1898.. FAA
136
Bull.N.Y.&Erie-lst. 78, 1916.J&D
J&J 126
l8t, $, gold, 78, 1902
4 7 4>
Buil.N.Y.& Ph.— l8t,6s,g.,192I.J&J
J&J 116
La. C, l8t M., 78, 1893
Pitts. Titu8v.& B.— 7s,lfe96F&A
1897
J&J 117%
I. &M., Ist M., 78,
OilCreek,lstM. ,6s, 1912. A&O
120
I'a. & Dak., let M., 7s, 1899. J&J
33
Union & Titiisv., 1st, 7e,'90. J&J
M.,
1910.
J &J
Hast. & Dak., 1st
78,
Warren* Fr'kln,lst,7fi,'96F&A 1061a 109
J&J
da
58, 1910
92
Bnfl.& Southwest.— 6s, 1908. .J.&J
Chic. & MU., 1st M.,7b, 1903.J&J 127Hi
108
Bur. C. R.& JJ.— l8t.56,new,'06.J&l
Ist niort.,oonsol..7s, 1905.. J&J i27iv
Cons.let &col. tr., 68,1934. A&O
100
Ist M., I. & D. Ext., 7s, 190SJ&J
Minn. &Si. L., Isr. 78, guar. J&D
Isi M.,6b, S'thwest Div.l909J&J 114
Iowa U. &
let, 78, 19i>!i MaB
Ist M., 5s. La 0. & Dav. 1919J&J 103
Eap.l.F.& N.,l8t,68,lu20.A&0
107
J&J lib's
80. Miun. Ist 68,1910
do
l8t, 58, 1921. ...A&O
100 ij
J&J 116
Chic. & Pac. Div. 68, 1910
OaUfor. Pac— Isi M.,4'iS,g.. .J&J 100
do West Div., 58,1 921. J&J 103 «
2d M.. 6s, g., end C. Fac, "J .J&J 100
Chic. & Mo. Eiv. 5s, 19;6....J&J
8d M. (guar. C. P.), 6s, 1905. J&J 105
Mineral Pt. Div., 5s, 1910... J&J
do
do
3s, 1905. J&J
60
Chic. & L. 8up. Div., 5s, 1921J&J 10218
Cal.So.- l8t ts (Atch. guar).. J&J 112 113
Wis. &Minn. Div., 58, 192 1... J&J 103
Income as, l».b
M&S Si\ C5
Terminlafls, 1914
J&J 102»8
Cwiiaen & Atl.— l6t,78, g.,'93..J&.)
1171s
Dubuque Div., l.«. 68, 1920. J&J Il6i»
2d mort., 68, 1904
A&O lid"
Wis. Val. Div., Ist, 6s, 1920. J&J 110
Cods. Bs, 1911
j&j
Fargo&gouth.-68.ass.l92l J&J
"90
Oanada 8o.— l8tM.,guar.,1908,J&J
105
Inc. conv. sin. fund 8, 1916 J&J
Sd mort., 58, 1913
M&S 92
93
Dak. & (it So. 5s, 1916
J&J
Cape Fear&Yad.Val.,l8t,( 8,ltil6..
93 la 94ls Chie.&N.W.-Consol., 7s,1915.<a—
Carolina Cent.— lBt,6s,g., 1920. J&J lOJ
108
Cousol., gold, 7s, cp., 1902.. ,I&D 1-J91s
2d, mc., 68, 1915
A&O 80 84
Sinking tund, 6a, 1929
A&O 118
3d, inc., 6s, 1910
27
31
do
58,1929
A&O 1094
OatawiSHa- Mort., 7s, 1900.. .F&A 121
do
debent., 58, 1933.M&N 10314
Cedar F. & M In.— 1 si, 7s, 1907 J &J
105
96
Exten. bdP. 4s, 1886-1926.. .F&A
Cedar R. & Mo.— Ist, 7b, '91. .F&A tl07 108
25-yrB. deb. 5s, 19...9
M&N 105
I8t mort., 7s, 1916
M&K ISlij 133
Estan.&L.Sup.,
1st, 68, 1901. J&J
2dmoit.,78, 1909, quar
J&L) tll8
120
Des M.&Minn'8.l3t.7s.l907.F&A
Cent. Br. U. Pac.,l8tB,6s,'95.M&N 103
Iowa Mid., Ist M., 8s, 1900. AAO
Jfund. cuuiion 7s, lb95
M&K 108
Peninsula, 1st, conv.,78,'9S.M,kS 125
4tch.& Pike's P k, 1st. 6«, g. M&N 105
Chic. & Mil., 1st M., 7s, '98. .J&J 121
Atch.Uol.&Pac.,l«i,iis,lt)oOQ.—
lOU
Mil. & Mad., 1st, 6s 1905. .M.&S. II8I4
F'
Atih.J.Co.&W..lot,68,1900.U,—
Madison Ext., 1st, 7b, 1911. A&O tl30
Cent, or Oa.— ist. cons., 7s,'93.J&J tl09 I.
Menominee Ext., lat,7s,19l 1 J&D fiao
Cent. Iowa— New Ist., 78 '99. J&J
83
Nortliwest.Un.,
lst.7H, 1917. M&S tl30
Inc. bonds," debt certs.", 7s,A&0
12
Wlnona&St.Pet.— 2d78,1907M&N ISO's
Ea«lern Div., Iht, Os, 1912. .A&O
Ott.
F.
C.
St.
P.,
'is, 1909. .M.vS
&
Ills, liiv., Ibt, is. 1912
A&O
North. Ills., ist, 5s. 1910... M&S
Oent.RK.ofN.J.— i6t,78, 1890F'&A 10i!l4
Chic.R.I.&
Pac—
68,19X7,coup J&J 1311a
7»,conv, lii02, asfemed
M&N 112 115
Exten. & col. 5a. 1934
J&J 108
Ooneol.M..78,lb99,a!ieented.6—
11^ 114
Chic.&S.W..l8t,7s,guar.,'99..M&S
Aitinstnit lit bonds. Ts, 1U03M&S 108
Chic. &;8t.Louis— lat68, 1915,M&3
Ctiiiv.d.htii. tjH, lyos
M&N It'O 103 Chic. Sam a Fh & Cal. -Ist, 5s
Intcrm bondccits
t8l8 98 ij Chic. St. L. &r.—
9j
1st, OS. 1932. A&O
^'"- 6B,19'iV. j&J
104
i'S-.'^J"'!'Chic. & Gl. East., 1st, 78, 93-'05i<eb.&»ll)i(.Bi..Coal,inc.,'8H,M&IS
C0I.&
lud.
tl'ij'
1st
.M.,
C,
7s,
1904.J&J
^^ConBol.,78,gold,iyoo,aes'd.o-.M 112
1131a
do
2d M.7s,1904.M&N tll7i«
OBnt. Obi. —Ist M.. 68, 1890..M&!? 106
Un.& Logansp.,lat, 7.H, 1905.A&O tll7
C»nt.Pac.-l6t,6e,gubl, lfc95 .JaJ 1163f
Cin.
& Chic. A. L., 188B-'90
1100
l«t, bs, iiulii, Ihi.u
jjij H.!>>^
Cliic.St.P.Min.&Om.— Con. (is, 1930 118
JM, 6b, gold, 1,,97
j^'^ lic.'hi
Ch.St.P.&Minn. lst,68,1918MAN
l»t,(«,g„i,i, i8:)8
[ji,j 1153s
North Wise, 1st 6s, 1930
J&J
S.Johijuin,lBlM.,68,g.l900.A6iO 116ii
St. Paul&S.City,lsi6s,1919.A&o
Cal. & Oregon, Ist, Os, g.,'8H.JA.,j|
101
Chic. & Tomah.— 6s
JUS
do
feriesB, 6s, 1892 10 <
Chic.& W.tnd.—S.fd. 6,-, 1919 M&N
Cal.dt Or. C.r.boDds,68,g.,'92 J*j
General mort., 6a, 19J2
Q—
Mi
I«nd gram M., us, g.. 1890. A&o ;io7
U) '4
Chic. & W. .Mich. 5a, I'J.-l.
.^&d! 93I4
M..rt>Li'ge bonds, ts, lfy«i...A&0 IOII4
CUi. 11am. &Dayt.— Consol.SsA&'JIt
*»ii. lucil., Ist, 68, g., '99..ja;j 114
Consol.
mort.,
78, 1905
Onari te Coi.&A.-CoU8.,78,'t»5.J&J
A&oit 12i
ll'^",
Coasol. mort 6s, 1905
A&0'tU7
2du!on.,78, 1910
A^0\
Cln. H. & 1., ist M., 7s, 1903.J&jlt
Cberaw & I )arl.— ist M.,89,'88.A&o lOa til
Cta. I. St. L. & Cliic— Con. Sa. 192(i!tl0.i
•'rt n,..rt.
7".
loo
Isrgold 48. 193ii..
Q— Jl
• frlce nominal; no late trausactlons.
I Purchaser also pays accrued
Interest.

•

VV

) ,

C

W

)

I

.

!Cln.

124

L.S.&

78, guar..

I.

.M.S.,

,

1901.A&0

1901. ..\&0

Scioto & Hock. V, Ist, 78....
Bait. Short L., 1st, 78, 1900.. J&J
Olev. Col. G. & I.— 1st,, 78, '99.
Consol. mort., 7s, 1914
J&D

M&N
M&N

1301a
101
111

8. F., 78. 1911
con. e^, 1934

Belief.

&

ib2'4

105
116i*.j

tllOia

tlOO ibi"
tlol
102
112
lis
9919
76 14 78
41 14 43
20
30
100
I'.'O

J&J

Cons.

Gen.

nil*

iosij

,r&J
Ind. M., 7s, 1899. ..J&J

.4

Clev.& Pitts.—4th M., 6s, 1S92.J&J IO6I4
Consol. 8. F., 7s, 1900
M&N 128
98% Clev.& M. Val.— l8t, 7s, g., '93. F&A

lOti

96s. Colorado Mid.— 1st, 68. 1936. .J&D
GO'S Columbia & Gr.- Ist, Os, 1916. J&J

IIG

2d mort.,

(3ol.

i'ii"

lv9
93
114
120

«

ibi
8C

A&O

1926
6a,

lO.I

liUt.J&J

.

lo7

127

68.

Mid.— Ist,

&Hook. v.— lstM.,7s,'97. A&<
do
2dM., 7s, 1892. J&J
& Toledo— 1st mort. bonds
do
2d mort

C!oI.

lOtfij

Cin.

C.H.Val.&rol.-Con.5.a.l931-.M&S
Gen. 6a gold, 1904
J&D
Col.

721a

tiu
tl06

Ohlo&W.Va.,l8t,8.f.,7s,1910.'«:&N 1112
Col. 8pringf.&
Ist 78,1901. M&S 108

C—
& Roinrt. — ist, 63, gu.l.'ent. G.i.

lOi'i (k)l.
105
lis
C0I.& West.— Ist, 6a. guar Cent. Ga. 1J9
Col. & Xenla— 1st M., 7s,1390.M&,- t
ib'S" Conn. &Pas.3iimp.— M., 78, '93. A&O tlllis

Massawippl,
98'^ Conn.

60

gold, '89

g., 6a,

West.— 1st M.,

J&J tl02

7s, 1900. J&J

Connecting (Pliila.)— Ist, 68 ..M&S 1221a
Con8ol.RK.o( Vt., Ist, 5s, 1913.J&J
89
Cor. Cow. & Ant.— i>eb.ti8, '98.M&N

& Penn.— I8t68. '91
M&S
Cumberl.Val.- lstM.,88,1904.A&O
Dayton & Mich.— Consol. 5s
J&J

SR
98
75

tll2
1106

.

109
106
111
108
113
103
30
89 «»

Cuinb.

100
lOJ

110
104
115
130

tior

3d mort., 78, 1888, uow2d..\^&0 t
Dayt.& West.- l8tM.,6s, 1905.J&J
Ist mort., 78, 1905
J&J tl25
Delaware— .Mort. ,68, guar.,'95. J&J 115
Del.& Bound B'k— 1st, 78,1905F&.\ 131
Del.Lack.& W.—Couv. 78,1892 J&D
Mort. 78. 1907
M&.S
Den. & R. G, l8t 7s,gold,190 >.M&N 120
1st con. 48. 1936
78
Donv.& Rio O.W.-l8t,(i', 101 iMjiS
1

125
127
120
124'

130
I2i

116

do

a.'iseuted

Denv.S. P.& Pac— lst,7s,1905 M&N
Des M.& Ft.D.-Guar.ls. 1905. .TAJ
let mort guar., 2ia8, li'05 J&J
1st mort., guar 4s, on extension.
.

,

132
I20'4781*.
7.5

70

65

81

92
50
85

89

Det.&B.C.l8t,8s,eii..M.C.1902M&.N
Det. B. C. & Alp.. l9t,6s. 1913 J&J
101- Det.G.Havon&.Mil.— E(|ulp.6s,191s !120
Con. M.,.5i<tiir84, after 6:«.. 191c ;ll7
Det. L. & Nortb.—lat,78, 1907. J&J tiv;2i4
Det. Mack.A .M.— 1st. 6S.1921.A&0
lOi-'a
Laiid grant 3ias. 8. A., 1911
41
Dub. &D:tk.— lstM.,DS, 1919. J&J
118
Dub.&8. City— lst.2dDiv.,'94.J&J 111

112

107%.
122
1;;0
1-24

45

Dimk.A.V.&P.— lst,78.g..l900J&D 110
East Penn.— 1st M.,7a, 1888.. M&.s 102
E.Tenn.Va.&Ga.— ist, 78,1900 J&J 116

115

138
130

116
Divisional, 58, 1930
J,SiJ
Ala. Cent., 1st, 6s, 191-<
J&J
97%.
Teuu. V. .tGrt.K'y.— lst,58,19.'>6.
East. & \V. Ky., Ala. -lar, tfs, 19.'6 10.^
Eastern, Ma.ss.— 68, g.,1906. .M&s 1 1211a' 125
129
Sterling debs., 6.3, a., 1906. ..M&f; ;124
Eliz. City &Nor.—s.t'. deb.,68.A&0
M&S
Ist mort., 63, 1920
Elizab. l.ex.& Big S.— Os, 1902.M&.S
EImira& Wiuspi— Ist B8,1910.J&J

'bf

E.

llO

96%
'lii7i2

5s, perpetual
Erie & Pittab.— '.id, now 1st
Cons, mort,, 78, 1898

.

II

132

108%
110
ib'i'i

Mt.

Vernon- 1st,

.\&u

J&J
J&J

5s,
68,

A&O

6s
6s,

g.M&.\

AjiO

A&O
A&O
A&O

1900-01-02

1897
78,1894
loin's

HO

Equipment. 78, 1900
A&O
Evausv. & Crasvf.— Ist, 78, '87. J&J
Evaue.& Ind. — Ist, guar., g. ,6s, 1924
J&J
Ist, con., 1926
Evans.& T.ll.,lst eou.,68,1921,J&J

Evansv.T.U.&Chi.— Ist,
Fitchbuix— OS, 1899

^'

m'

1

.

Cin.Wash.&B.— l3t,gu,4i3-i-6sM&N
2d luovt., 5a. 1931
J&J
3d mort.. gold, 33-48, 1331. .F&A
Income 5s, 1931

.

,

Rich.

Ask.

111

Ist., 78,

Cin.&Sp.— 7s, C.C.C.&

.=

.

tndianap.,

& F. W.— 1st, 79, g.. J&)
Cln. Sand'ky & CI.— «8, 1900..F&.^
Consol. moit., 78, 1890
J&D

98

,

.

Bid.

'92..J&D t
do
2d M.. 78,'87-92.J&J t
Indianapolis C. &L., 78of '97.. .. 1117
Ind'apofis & Cin., l3t,78.'88.A&0 t
Cin.Jaek. \ Mao.-l8t,58,1933. J&D
98
105
Cin.La(.&Ch.— l8t,78,g.,1901.M&S ni5
75
Ciu. Lol). & Nor.— 18C lu. 58
J&J 100
251a Cln. Rich. &Chlc.— lat, 78, '95. J&J 1110

.

I

&

10914 Cin.

sm

.

Kailkoad Bonds.

Ask.

& P. Marq.— M. 6s,l920.A&O
HoUv W. & M., 1st, 8s, 1901. J&J

Flint

Ft. Mudisim&N. W.,l3t7s,g.,10'i5
Ft. \N 01 tb
Denv.
1st, 0.3, 1921

C—

&

I'rciu't

Eik'n& Mo. V.— 68, r.t33A&0
do
do
Uustaiuytil
.

G.rr.&.':uuAnt.-lst,6s,g.l9ly.F&A

119

2iiiuon.. 7s, 1905
J,v.li
>Vc^t. Inv. Ist, 58, 1931.... M&.S
do
2d, 6s, 1931. ..J&J

126
120

Gal.Hous.A lieu.— lst,53

AlVi)
J&.l

Georgia— 78, 1883-90
1-89
Georgia Pacillo— 1st,
2d molt
ifr.Kai). & Ind.— l8t,

J&J

es,

i'l-'aj

Ho

Ist M., 73,

I.e.,

Os,

1922. J&J

l.g., g'd, 78, g.
gold, uoi guar.

ilrfis

Ex land .^'raiit, I8t7s,'a9

115

Con.3ol. b^,

1924

A&O H17

flOO

M.«S

Gr.B'yVV.&.it.P.— lst,68,l911.F.&A
2d, incomes, 1911
;

In London,

II

Coupon oX

l>i8
109
106 107
53 "3 56"a
n20 124

9.-ia

9SV
107

'39

1*

10

—

AnocsT

J

.I
.

.)

THE CHRONICLE.

l!«7.

8.

—

MJ

'

173

For BtpUnatloaa Sto Xota* at Hsail of riral Pas* of (|«o(ttlau«.
KAiLKOAt) Bonds.

Ouir

A

Clol.

2.1, Gi, villi. 1023
.SI .III.- Con.
Ilaii.
,\.-

.

Aak.

Bid.

F<»— l8t, 7g,190a

8.

JAJ 120

AAO

Railroad Bonos.
Bid. Aak.
M.imph.A Charl.— l8t,7«, IQlftJAJ "125"
2d

68. 191 1
MAS
AL.— Isr,49..lill3
Wwt.-is
1003
.

131

iiinrt., 78, nxtnnlml
JA.I
lac .«>n.wl. 78, 191IS
JAJ
l8t.nini8..Tinin. Iien.78,10t9 JA.I

121

.

lliiiHH. V. .Mt.J.

A

llBft.

I'linii.

08 >a

Hi.Vt.K.AW.Tox.— l»t,7»,'08..MAN
2il. tSrt. 1913
JAJ

Gold.

61
113
117
112 LIS
112
ioa»9

H.A Tex.("<Mi-l«t m..7»,Kiior.lf»91
Wrst. niv., l8t. 7s, K., 181)1.. lAJ
Waco A N.\V.,l8t,78.g.,;!)03..IAJ

1921
JAJ
M -trop'n Kin v.— Iat, Oa, 190S. JA
Id 6a. 1899
MAN
Mftxlcan Cent.— Iat, 7«, 1H11..JAJ
Scaled 48, 1911
JAJ
Blind

88.

niiirt..

I'ii

104'
ii;><

6a.

florip

AAO
iDOIIIUI», 1911....
1912
GiMi. mort. tia. 1021
71%
AAO
Debenluro lOs, 1890-9,'»
A.tO
Hiinr. A Ur.Top-lBt, 78, 'i)0..AAO ibo'
Scrip 10a. 1889
JAJ
2il iiicrl., 7«, «., 1H95
h"A.\ iiii
Mexican Nat.— l»t, 6». 1912 ..AAO
rnn« H.l M. r>d, ISll.'i
AAO 1U1>I lOKi BpeyiT A Oo.'a celt., 21. Inst, pd
Cons,

135
131
125

67
92

40

95
UO
43

N. Y.

.

IU,n.>l.^r,.iit.-l»t Cbi.A.Hiir.'aS JAJ
Ut. t'oM. Is. lO.Jl
JAJ
OnM, 3'--,
JAJ
Ml.liUo DIv. rex. Ha, 11121...
StprlluK. 8. F., ."iH, g., 1903..
8tiTliiiif,Keu. M.,68,)f-.l(S9ft.AAO

19M

115>a

97

FAA in
AAO )1U9

Air Line, Ist M.,
111
115
111
121i«

!113

JAIJ UOU
Cl)lcSt.ASO.-l»t ooD.-e, 1897.
2il, 6». 1907
Kfcl>
Ten. lion, 7e. 1897
MAN]

8t«rlliiir. fts. 190.">

AAO
E;i»t.L)lv..B»,l921.Tr. lei'. JAD
Inil. Dw. .*.Sp.-l»t, 78. 1906. AAO
?•'

n.>.

Ill

1911

J.toJ

15

IDOO.rrC.). oert.JAJ

urt.

68. ruti.led
^t.I,.— lst,7a,1919.Var.
\'ln.— l8t.78,19()8.F&A

^
'

I

2t! lu.irt.. (>a. «.. ctiar.,

Ooup.
lonlH

f".

.V

I iWH
I A FhI

MAS

at 8b. '89. ..JAJ
1 81,7.1. 1909 .M,*S
,-l9l.T.i.'99Av'B(>
uiort., 78. 1889. J.%J
I

1

V

MAS
MAS

1931

Kalaiiiazoi,A8.H..l8t.88.'90.M.tN

Ist, Inooines
Gr. Xr'k. 1 st, guar.. Os.
Si. P. E.
iVIU.
No.— Ist, 6b. 1910....
1st, 6s, on extension 1913^..
Mtnn'p.
St. L.— Iat M., 1927.JAD

A

JAO
JAD
I8t M.. Iowa CItyA \V.. 1909.J AD
JAJ
2d mort., 7«. 1891
Sonth weat. Ext., l8t,TR, 1910. JAD
Pa.ille Kxt.. l8t, 68, 1921.. AAO
Imp. A Equip. 6a, 1122
JAI
Mi ;np. A Pnc. Iat, 5a. 1936 JAJ
linn. AN. W.— let,
1934.. JA,I
vilea. A Tcnn.— Iat M., fls.seriea "A'
8s, series "B"
...JAJ

A

1900.MAN 103

I'.liiii

Kair...M.tN

J.L.A3<tK.NortliIUt..8s.-90.MAN
do
Cons. Ist .M.,88,'91.M.V.H
do
68,1891
MAS

A

112
110

A <;t.Norlh.— l»t,68.1919.MAN

Int.

68. 1909
58. coup..

•'».

108

,

tOSki lot's
lOl** 106
10s I3
102 >9 lOJij
'

109

.10

1'.4

llbi* IUISh
Joltet A N.Ind..lBt.7H (ennr.M.C.) 1^0
12J
MIcli. A Ohlo-l8t, fis, 1923 ..MAN
DO
aa
.Midd. l)n. St. Wat. Gap- Iat mort..
HO
77
2d mort. ."8. nuar. N.Y. 8. A W...
.
....
2A
M11.1-.8.A W.-t«t M. 'iR.Wai.MvtN 113
VI
Conv. deb. 5s, 1907
FAA
103
io;hi
Ml.b. Div., Iat, 6*. 1921
JAJ
Ashland Ulv., 1st O-i. 1^2}.. MAS

JAB

88. 19.M, giiM
Inl. BI. A W.— l8t. pf.,7«. 1900JAJ
l»l mon., ."i-O, ll)09.Tr. r<>i'.AAO
2il iiiort., b-Ci. 1909, Tr. roc.
lueoitie, 1921

2.1 Mioit.. F>»,

MIeli. Clint. —Oiinsol., 78. 1902.MAN
•
ons..!. 5s. 1902
iBt M. on Air Line. 8r, 1890. JA.I

MAN

10^^'8

..

115

uo
tioo

lu8

136

:io

101
'9
I

,in

98 «

AW.-

2d mort 4Hb, 11i;!7
FA\
Midl'dof N. .F.-l«t,H<.1910.AAO

70

,

Wuod.A

R'lrk

,

III

NorrkAW.— I4«n'l M..6H.1931 .MAN
Sow River Iat 6a. 1932
AAO
Impr. A Exten., •;s. 1934
FAA

114

O.— M.

lOtf

Adlnatmont 78, 1924
Conv. deb., .:». 1894

1

;.si

lOSia

51

Jill's*

100
10: >•

kJ

Norf'k.t P"tcr8b.,2d,8B, •93.J.fe.l
South Side. Va.. Iat. 8a, 1 8O0. .JAJ

02
do
2d .M., ext.,I899.J.1(J 108
do
3d M.. 6a.'8r,-'.)0.JA.li ll'W)
Va.A Tenn., 4th .M..-ts. 1900.j,iij| 121
do
extended ."m. 1900. JAJ 105
.

North ('arollna— M.. 8a. laHS.-M.tN
North Pciin.— lat,7B, 1896
M.fcN
Gen. mort., 79, 1903
JAJ

New

1112

106

120
133

122

MAS no

loan, 6b, reg., 190.^

130
129
118

Northea»t.3.C.— l9tM.,88,'99,.MA8
2il mort., 88. 1899
M.V.v

126
120
109

3d mort.,

6a, 1900
A.(t<i
Con. mort., 6a, g.. coup., 1900.JAJ
Mort. bds., 58. 1026, series A JAJ
106 Si lu7
do
series B
130
Con. mort, atg. 6s, g.,1904.. .lAJ
116
.Von hem, N.J.— Iat .M., 6s. '88. JA.I
Noith. Pac, P. D'O Div.— 68,.M.teH
Mo. Div. 6a, 1919
108
Gon'l 1. g., let, 68. 1921
lAJ
81>9
Geo. land gr.,2d. 68. 1933... A.feO
101
JaniMs Riv.Val.— ;8i.g..68.'36 lAJ
lOlij
Spikano Pal., Iat ba, 1936..MAN
115
Ft.P..t N.ir.Pac. g«n.6a.l92 '. FA \
105 110
H..len!vA Red .Mt.li-t.6. .19:^7 -MAS
107 110
Dul.
Man.. Ist, 6a, 1936... JAJ
93
95
North. P.ic.Ter.CV>. - lsr,68.'.i3.JAJ

119
108

113%
110

110

112

MAN

105=8

100
10,
117
J^lt. MbiI.A luil.— l8t,78,1900.AAU Uil>
.'5a
A
2d mort., 78, 11110
JAJ tiia 119
105
JniotlouiPUU.l— lMt,4<fl8.l907 JA,I
2rt miirt.OB, 1900
10l<4
A
AAO
Mo.K. A T.-Con». 78.. 1904-6.. FA/'
lnO
Kanawha A O.— 1st o's, 1036 .JAJ
ConaidwlHted 8S. 1920
...JAI
b2'£ 83
Kan. C.cijiit'ii.t«|inni.Uil<l— 18,5« 9'<'i;U0'a
NorwhAWorcr— l8tM..68.'97.jA.i 115
C..nsi.ll.lafed.58, 19v;n ...r..JAl
91
HO
Ogd'usl.'gAUCh.— latM.68,'97,JAJ 1104
K.C.Ft.-*.i.ttAG.— l8t,78,lii08JAn 111'"
2d mort, incoiuc, 'I* 1911. .AAO
IJI
Pletti IIlll.\sD«Soto, !8t,7.'<.l907|'119
Sinkingfund. 88, 1890
MA.s 1102
Isl. 68.;t., 1899.<(J. P. a.Br.lJAJ
109 is
Khuhh* f. Luwr. A8o. Isl, Oa. 1909 1'^ lU'*
Consol. ,08. 19'20
Han. A C. Mo., Ist 7a, e..'90.MAN
AAO 103 "s
Income, 3s A 681920
44
K0.flt..f08.AC.B.-M.7n.HH)7. JA.I tiki's 122
.Mo.Pac— 1st, mort.,68,(itkl,'88, FAA loo's lOl
K.C.fipr.AMeiB.—l8t.68,19.;. I.MAN ion's UO"*
Ohio Cen.— Kiv. Div.. Ist, 68.. 1922
C.msol. 68. 1920
M.feN 114^ 117
rnconiB, 6e. 1922 Tr. re<i
Keu. CiMit.— stamped 4!.. lOU.JAJ
JAJ
2d mort., 78, 1891
KeofcukAUos M. -Ist.as.Kuar.A.feO lui* 112
Ohio A .Ml88.— Cuu8..8.fd.78,'98 JAJ
Car. B., Iat mort., 6a, k. '9S..AAO
125
94
Knoxv .It Ohio Int. li.-. l92?i...JA.I
Cons, mort., 7.8, '98
lAJ
MAN
3d mortgage, 78, 1906
Lake E.A Wist.— lsl,».'..58,1937JiJ '02% lubii
2d mort., 7s, 1911
AAO
.MAS
Invome, 78, 1892
43
49
l8tgon,5a, 1932
I< .He 8iior» A MIoh. 8u.
IAD
Mobile A O.— l8t prof, debentures.
26
l8tmort.,epringf.Oiv.. 190.1 MAN
01. P. AAah.,iiow7a, 1802. .AAO
2d pref. debentures
17
Bnti A K., new bds, M.,78,'98.A.tO 121
Ohio River RR.— Iat. .'58, lOJO.JAD
3d pref. debentures
14
Ohio
Butf. A State L., 7s. 1886
Southern— Ist 6s, 1921 JA
TA.!
4th pref. rtebiintures
36
2.1 income, 6s, 1921
Det..^f^>u..fe Till. ,l8t.7a.l906. FAA 12 J "a
New mortgage, 63. 1927
JAD Hi's
Old Colony— 68, 1897
KalHUiazo.1 Al.A Ur.K..lst,88.JAJ
FAA tll7
Collateral trust 6s. 1892
JAJ
Kal.A Wh. Pii;eoii.l8t,78.'90..JiteJ
Q—.T ioe" :o7'i 6s, 1895
JAD 1112)^
Ist extension 6a. 1927
75
Dividend li.uula. 79. 18!>9...AAO 121
78, 1894
MA." M16s
8l.U.t Cairo— la, LMiar.. 1931.JAJ
4139, 19.14
L.B.Afl. H..coii8.,cp., l8t,78.JAJ 123
AAO 1(8
.Mi.i)i'n'8l.a.ATox.,lat,6s,1920JAJ
123
Is
1^0
12a
Bost.C.AFltchb.,lat,7«,'89-90JAJ 1106
do (•ou8..ro<.,l8t,7a,l900.Q—
Iat mort.. 7s, 1918
AAO
do ci/n8.,op..2a.78,1903..JS:I) l:r2>s 124
B. O. F. A N. B., 58, 1910 ..J.%J 1112
MorrisAEssex— let, 7s, 1914MAN 111
*
12.
108
1091s
N. Bedford RR., 78, 1894 .JAJ 1115
do coii«..r.ii,'..2d. 78,1903. JAU
2d mort, 78, 1891
FAA
Omaha * S'. L.— l8f,4s. 19.7.. J* J 78
Mahoniim oal UK. Ist, 5«..JAJ
Bonds, 78, 1900
JAJ
126
lawi«.nce-lst mint., 78,1895.FAA
O.-ange B lt-l»lmorr.. 6s, 1907.
General mort., 7s, 1901
AAO
125
1J4
Oreg. A Cal.— 1st 68, 1921
Lebi^U Val.— lat.(!8.<!Oup.,'98.JAU
JAJ I'l'os'
Consul, mort., 78, 1915
JAD
2d mon., 78
ra.in..7B, 1910
MAB HO 141 Nashua A Low.—68, g., 1893. FAA lOJ ao
1.4314
loS^a lOjifl Oregon A Tianscont.—68,lii22.MAN
(i«B. M., 8. f., 68, g.,1923....Ji(fli 13 <
8, 1900
129
112
Osw.AKome— l8t.M..78. 1915.MAN!I124
I.. MHmi— Ktiuwiil 58.1!"12..MAN
NaHbv.Ch.ASt.L.— Ist, 7s,1913 JAJ
108
lu6
Panama Sterl'g M.,
g. •97.A.W>
L RockAFt..S.— l8t,l.Kr.,7s'95.JAJ 112 113
JA.I
2d mort., 69, 1901
Sinking fund sub., 68, 1910. MAN
looK Island— iRt JI.. 78, 1898.MAJ)
.Na8bv.ADecatur-lst,7s,1900.JAJ
Subsidy bon.ls, Eng. issue, Oa.... ;ioi'
latcouHol. .5s, 1931
Natchez J.ick. A Col.— Ist, 78, 1910
Q—
98 IOC's l'enn.RK.-Geu.M.6s.op.,1910(i—.1 133
Newtown A FI.. Ist, 78, 1891
Now'kS'8BtA.S.— l8t.78.g..'89.MA.V
O— I23I9
Con.s. mort., Os, 1905
LkLCUt- A FlURhhiK— let. 68.1911
N'burghAN. v.— Ist .M. 7a.l888.JAJ loo
i'oi"
Collateral trust, 4138, 1913. .JAD
N.Y.A.Man. Bearh.l8t78.'97,JAJ t--N.J. Junction. Ist, 4s, l.tSiJ.FAA
100
Conaol. 5s, 1919
JAD 113>s
N. Y. B. A M. B.. Iht con. oa. 193.5
New Jersey A N. Y.— 1st mort
105 •«
98
Peuu. Co., 6s, reg., 1907.. ..Q.—
lon'v.C.ALex.— l8t,78,'97 JAJ(ex) US 116
N. J. Southern— l8t M.,new es.Ji&J
2d mon.. 7». 1907
do
1st M;,41s8, 1921.JAJ 104
AAO 118 ill9 N. O. A N.iriheaat.- Prior 1.6b.19;.=>
Penn.A N.Y.Can.- Iat. 7a, '96 JAD 116
Lou. A Nasliv.— Cods. l8t, 78. isys. 1-19 ]120
N.Y.A Can.-£M..6a,g..l904.MAN i'i3 115
1115 "4
JAU
Ist mort., 78, 1906
l.Vciliau Br., 78, 1907
MA8 109^a
N. Y. Cent. A Hud. R.— Ex.5b.MAS 104
PeuHacola A Atlantic -1st m..FAA
l-eb.-Kuoxv. 68, 1931
JAJ 132''t 133
MAB
Mort., 7b, coup., 1903
llOi*
1131*
lOS
Ev.—
1st.
(is,
1920.JAJ
Poo.
A
Loiiih. (in. A 1-e-X., 68. 1931. M.tN
Dec.
.18,
1901
Debenture
MAS
,
79
124
121
2d iuortg.ige. .58, 1927
»«.^ui.AO..»tl., M.,7e. K..1901JA1I ;119
Sterling mort., Os, g., 1903.. .JAJ 122
101
......
120
Evanaville
Div.,
Iat
6a,1920..MA.'<
Contral—68,
1887.
AMarksv..8tV,68.>f.,1902 FAAtH''
York
JAD
New
9754 93" Peo.A Pekui Un.— l8t,.6«,1921.Q-F 107S
109
N <>. A .Moliile. iat 68. 1930. JAJ lOo
N.Y.Cliic.ASt.L.-lst,68,192l.JAD
96
2.1 mort. 4>ss, 1921
:^;l
97
2i', 68, 1930 .. JAJ
98
.U)
MAi
•2di;», 1923
Btij 70
Perktomon— l8t M., 6a, 1887. .AAO 96
PBusacola l)iT.,l8t,63,1920..MA8 l"3
N.Y.CityANo.— Oen'l,6s,'10,Tr.rec
J-)t»i.T8..ii—

It

2.1 inn. '.912

ltS>« Northern, Cal.— Ist. 6a, 1907. .J.tJ
116
Northern Cent.— l"* per cent.. JAJ

101
104

Aak.

I0»

llan,luo.aa. A^,'05

221*

70
64

US>s

do
prior
2d mort. Inn
8d mort. Ino

Bid.

nn.,«oo.7a. tnO'i

I.na««d h. rental lm»t, iMirrteb. 4a I-B
Weal. ext. oertlfs, Sn, ls7(l..J.t.» (59
do
do
7a, guar. Krte !58
».Y. Phil. A N.ir.— l»t, 1923 ..JAJ 10*
lucoine, Bs. 1933
A to] 45
M.Y.Susf].
Dell. 6*. '07.FAAf
iBt refund., 5», 19ri7
lAll 90

100
71

71

Bailiioad BoNnt.

N.Y.Pa.AO.— lot,

1

119>a
ioe^i

107

U7
l04ia
103
104

44%

,

I

. . .

I

i

.

M

—

.

1»ui8 1)1 V. .181.68,1921.. MAS US'*

11.

do
tiusb.
fc.

U.

G-u

1

1980. MAS
Dee.. Ist 78, 1900. ..JAJ
2il., 38.,

A

A

JAD H

1919
1930

N., l8t 68,

uiiirt., (ia.

8o.AKo.Ala..

a. F.
Is'.uiort.. RliikiiiK

58

US
112
110

>

JitU 108
loo's

6s,1910AAO
fund, 8«

.. ..

evjisa. A All.— l»t,68,gu,'21.FAA
t'-v.S.A AC:hic.— l»l.t)8,1910. JAJ
Gee. U'or;. 6a. 1916
AAO
l.»'l»T.N.O..VTex.-lBt,58,1934MAS
Uuvf Cent. - Mort. 78, 1898. J.tJ
. .

kjclen. Ijoims. 68, g., 1900..

.AAO

10.

«

!>>**

».>,

U!5,

9^
122
|11^

A

M.-11

phla

1

1.0
10,>

19.>K

68, 192:1 (."xtcnstim)
68, 19'J5 (.Mary
West.)..
.te

1,.

Rock— Ist,

88,

JAD
JAO

102
98

'll**

C0U8. 7e. 1912
AAOilliO
'( L05
Audroscoa.A Ken.. 68
L.eds A Farm'gt'u. 69, 1890.JiW t HH. Ml. A K.,ConH. M., 68, '95.AAOil H 1
Diliemure, 68, 10-20
FAA, 106>t
Ma l.eiiih lmp.,llui.,78, 19<J9,MA^|

Mir_eUa M n. -let, 68, 191.i.MAN
Ma h'UoUo.aO.—Mar.MO.,8e, '92

11,

1*

2d mortgage income

N.Y.AHarlem— 7.a,ciiiip.,1900.MAN 130 '4 132
N.Y. Laoli.A W.— Ut.63, 1921. JAJ

FAA
2nd, 58, guar..
N.Y^.L.E AW. l8t,7s.'97. ext.MA.N
2d mort. exten., 58, 1919 ...MAS
.MAS
3d mort. ox. 4'sh, 1923
4th mort., ext., 5a, 1920.. ..AAO
JAD
5th mort., 76, 1888
MA.x
1st cons. M., 78, g.,1920
JAD
New 2d oons. 68, 1969
MA.V
Collateral Tr. 6»,1922
19'-'3

Q— M
MAN
MAN

1922
iVn-rotty 6«. 1921
60-year t;olil. .is. 1937
Trui". hoiids. G«.

Aseeiit.d
Nt Y. Jilcvated.— Ut M., 1906.JAJ
N. Y. A Greenw'd L.— Ist M. Inc. Oa

6Uis

93

05 >«
123

Hi

133
107
113
112
10710

bO
H5
112
106
99
iS

1907 107'slllO

*Prioe nominal; no late transactions.

JAO
Fund. .58, 1969
lstconj.fundcoup.,7s,1920M.Wi
JAD4
2dooiu.rdcp.,5a.l969
Reorganizafu lal lien, 68, 1'JOS
Gold Iflcoine bonda, 6a, 1977....

120

1x5

1.10

US'*

117'

lOi
lie's

105

M...

C.u.aol.

guar., 68,

5.S.

g.,

Lond Dock mort., 78, 1893. .JAD
con. g., 6a, 1935 ..AAO U7'8
do
N.Y.A. NEng.— Ist .M., 7s, 1905JAJ 122
..JAJ 112
l8t M., 68, 1905

mort., 6», '97.

58, 1st series

US'*

Conv. aiy. acrlp
Borip for 6 deferred
Deferred income

I

i'oi"

133%
..>>•*

los
113

133%
92
110

75

12&

AAO
J.tl
J.VJ
J.fcJ

MAN
FA

t ooujKms

103%
lot's

tO^ 62%
93

61

.\

JAJ
.

64

131%

1081s r<>9

......

:9o

100

18

19

Income mon., cons. 7a, '96, JAD
124
OoalA I., guar.,78,'92,ex.cp.MA»
104
114
PUlla. VVll. A UalU—6a, 1892.. AAt
AAO llo7
68, 190O
FAA g>H, lO.J
:dm.,6a, 1902
JAD.IlOii
1,0
58, 1910
FAA 87
ii,.-16a (aciUed to 3a)
JAJ l01<i
Trust oorw., 4a, 1921
Ill's
N. Y. N. H. AH.l8t,r.48,1903.J*l>
Plttsb.Bradf.A d.— Iat, da. oerU...| Ht
109
IN.Y.Oat.AW.- lHt.g.,6s.l914MA'i 108
I Coapon ol.
} lu I/ondoo.
Paroliaser also pays aocraed Intereat.
118>4

99

ida"

113

,

Cons. 5s, 2d series

79
89

US

iaf

AAO

123
lis
JAJ 59
Debenture 6a, 1893
Consol.M. 78,191 l,reg.Acp. JAD 134
JAI' 119
Cousol. mort., 6s, 1911

Cms.

117

19'20. .JA.I :i.:5

AAU

Qou'l mort., 68, 1908
Geu'l mort., 78, 1908
Convertible, 7s, 1893

113%

9i

2d, 78, '93

Improvement

US'* 106

c9\,

117%
lis
I18
110
107

no

1920

133

i0.»

1-6
1U9
103

SiuiburyAErie, l8tM..78.'97.AAO
Phila A Read'g- 1st, 6a, 1910.JAJ

10.214 1341s

lol%

183

Cons. mort.. 68. 1913, sterling ...
JAJ
Petersburg -Class A, 1926
AAO
Class H, 1926
Phila. A Krie-lst M.,7b, 1888. JAJ

Gen.

iitf

115

70%
ioe"
loe

107%
i<n

9S

—
.

.

F

- .

THE CHRONICLK

174

AND

QB-VBRAL QUOTATIONS OF SrOOKS
For BxplanaMoa. See
Bid.

^UlUtOAD BONDS.

iNote» at

Bid.

93
121>« Tol.&ObloCent.-lst, .58, gu.l93.'5
Pltt8b.C.& 8t.I.-l8t.78,lflOO.F&A 114
To!.PeorinAW.-lBt.78.1917,tr.R'<v
Plttsb.CI. A- Tol.-IM, 68 1922 A&O
..J&D
Tol.St.L.&K.C.,lst,68,1916
i2iia
I>ltt»b.<SCon'll8V.-l8tM.78,'98.J.W 1201a
130
United Co BN.J.-Cons ,68,'94.A&0 112
Sterling cons. M. 68,K.,Kuar.JA.'J J128
F&A 103
gen. 48, 19-23
do
140
Htttb.Ft.W. &C.-l8t.7s,1912 Var
M&8 till
138 »«
Sterling mort., 68, 1894
137
2d mort., 78, 1912
Sdmort.. 78,1912

J^

A&O

MoK.A Y.— let,68,1932.J*J 89
Pltteb. & We8t.-l8t niort.. ...... PortrndAOKb'K— l8t6s,K.,1900J&J 108
Port Eoyal & Aug.— Ist, 68, '99. J&J 105
PltMb.

42
140
68
rec
trust
78,
Allegh-lBt,
Bieh'd &
M&N 102
2dniiirt., 68. 1916
102
Coii.,68,'90..M&N
Danv.—
Blch'd &
J*J
General mort., 68, 1915
A40
Debenture, 68, 1927
ex coup
do
A&(>
Con. giild, 6g, 1936
AA-o 11 31s
Piedmont Br., 88, .1388

J*J
iBcoiiiP iiiort., C«, 1899
Een.A8'toga—l8t 78,1921 cou.M&N

Blob. Fred. &

Potomac— 68,ext.J*J

-.J&J
Mort, 7b, 1881-90
Blob. & PeterBb., tis, 1915. ...M&N
M&N
tfew mort.. 78, 1915

92
110

BOND3-0omti:^(jed.

of Ptrat Page of guotatloaa.

Head

Bailboad Stocks

Ask.

XLT.

[Vol.

M&S
68,1901
^o
Cam. & Amb.,mort.. 68, '89.M&N
Union Paciflo-lst, 68, g., 1896. J&J
J&J
Ist, 68, 1897
J*J
ist, 6s, 1898
let, 68. 1899
.Jf J

A&O

r>and Grant, 78, 1887-9
Sink. F.,88, 1893
71
•„;a-?'^^
om. Bridge, sterl.Ss.g., '96.A&0
1C4
Collateral trust, 6s, 1908 --"JAJ
lllij
Collateral trust, 58, 1907.. ..J&D
Kan6.Pac.,l8t, 6s, 1895.... F&A
110
do Ist M., 6s, 1896.....J&I)
"83
do Deny. Div., 68
103%
do iBt cons. M.,68,1919
Oregon SliortL., 6s, 1922 .. F&A
Utah Cen.— Ist M., 6s, g.,1890. J&J

M&N
M&N

1120
106

California Pacific
96
10Si« California Southern.

9613

113
125

1141a

114%
115
IO319

128

1121s

115%

Camden A

Atlantic

Pref
do
Canada Southern
Canadian Paolflo
Catawlssa
Ist pref
do
2dpref
do
Cedar Falls A Minnesota
Central of Georgia

114%

115
124
106
95
110

Bid.

Kailroxd Stocks.

Ask.

10315

lom

99%

'99'8

90
91

A>k.

7
44

100
50
50
100
100

45

41

53 13
56
15
^'^
50% 51
50
50
50
11
14
100
100 117 120
6
8
100
Central Iowa
14
17
100
Istoref
do
11
9
100
2dp"ref
do
100
191s 20
Central Massachusetts
37
38
pref... 100
do
7319
73^8
100
Jersey
Central of New
50
Central Ohio
50
Pref
do
100 36% 37
Central Pacific
18
100
Col.
&
Aug
Charlotte
5I9
71a
Chesapeake A Ohio, common ..100
IOI9 12
..100
pref.
1st
do
10
7
2d pref.... 100
do
125
100 122
Cheshire, pref
100 134 135
Chicago & Alton
5i«
Beneficiary
ChioafO & Atlantic
si'i, 83
Chicagi. Burlington & Nortb.. IOC
>«
140
139
Qulnoy..lOO
Chicago Burlington &
Chicago & Canada Southern
110
Chicago & East lUinoia
11
7
Chicago & Grand Trunk
50
40
Chicago A Ind. Coal Railway
90
85
pref.
do
do
81% 811s
Chicago Milwaukee A St. Paul. 100
pref., 7. loo II8I4 119
do
114
113%
100
Chicago & North Western
Pref., 7. .100 14413 147
do
127
125
100
Chicago Eock Island & Pac
17
15
100
Chle. St. Louis A Pitte
42
41
pref
100
do
47I4 471a
Ohio. St. P. Minn. AOm.,coin..l00
HI
pref. .100 110%
do
100
Chicago* West Michigan
100 120 144
Cln. Hamilton A Dayton
95
Pref
do
82
Cln. Indlanap. St. Louis & Chic. 100 "so

S3

551*

J&J
Utah 80., gen., 78, 1909
9OI4
do ext,lst,78,1909J&J
78,
J&J 1105
'91.
Mort.,
116
Utloa &Bl'k E.—
Blcbmond York Ejv. & Ches., 88... 115
105
Valley of Ohio— Con. 68, 1921. M&S
M&N 100 102
2d mort.., 68
92
Ver. & Mass.— Guar. 5s, 1903 M&N 109 19 111
Etch. & West Pt.Ter., Cs, 1897.F&A
94
96
mort.
....
Ist
Mer.—
New
&
VIcksb.
Booh.APltU., Ist, 68,1921. ..F&A 113><!
35
2d mort
J&D
Oonsol. let, 6b, 1922
91s
Income
mort..
3d
Income. 1921
do
112
110
'85
lien,
68.
Prior
95
Vicksb. 8h. & Pac.
Borne & Carrollt.— l8t, 68. g., 1P16
121
Va.Mldland-lst ser.,68,1906.M&S
97
Borne & Dec— l8t., 68, 1926. ..J&D
M&S 117 1191a'
2d series, 68, 1911
BomeWat'n&O.—8.F.,78,1891 -J&D 108% 110
llOis
M&8
1916
5-68,
series,
3d
J&J
2d mort., 7b, 1892
M&S 68
4th series, 3-4-58, 1921
1021s
Oonsol., iBtex. 58, 1922. ...A&O 100
MAS 101 1051s
5th series, 5s, 1926
Bntlanu— l8t M., 68, 1902. ...M&H 107 108
goie
95
Incomes, cumul., 6s, 1927... J&J
F&A 91
Equipment, 2d mort., 58
8319
MAN
guar.,
1936
102
5s,
100
Gen.
BtJo.&Or. Isl'd— l8t,guar.G8,1925.
L4
70
Wabash St. Louis & Pacific2d mort,. Incomes, 58, 1925
116
1131a
F&A
78,
'90,
ext.,
ist,
Bt.L.Alt.&T.H.— l8t M., 78, '94.J&J
A&O 85 90
Mort., 7b, 1879-1909
F&A
2d mort., pref., 78, 1894
9713
2d mort., 78, ext. 1893, ex. .MAN
M&N 107 ifl
2d Income, 7b, 1894
M&N
45
Equipment 78, 1883
Dlv. bonds, 1894
52
55
J&D
Tr.
rec
1920,
68,
Gen.,
BeUev.&8.Ill.,l8t,S.F.88.'96.A&0
J&J 981s 99
Chic. Div., 5s, 1910 gold
BeUeT.& Car., Ist 6a, 1923. .J&D
1910
J&J
99
DlT.,
Havana
6s,
981s
68,1936.M&N
Bt. L. Ark. & Tex. 1st
1031a
Cincinnati & Milford
F&A 4419 44% Indlanap. Dlv., 6e, 1921 ....JAD
2d mort.. 68, 1936
55
54
Cincinnati N. O. A Tex. Pac.. ..100
97
J&J
109
Detroit Div., 68, 1921
Bt. Louis * I. Mt.— Ist.Ts, '92,F&A
21
211a
50
Cleveland
90
Sandusky
Cln.
*
ConB.mort.,7s,1907,convert.Q—
M&N 112
2d mort., 78, g., 1897
51
52
Pref., 6.50
113
do
110
1889.
F&A
L.
dlv.,
78,
Ist.
St.
112>s
Alk. Br. 1. gr., M., 78, g., '95.J&D
Springfield
116
Cincinnati
&
.F&A 114
lllH)
Gt.We8t.,Ill.,l8t,7s,
Cairo Ark. & T.,l8t,78,g.,'97.J&D 109
5
4
100
Bait
Washington
*
100
Cln.
10514
93.
M&N
071s
2d,
78,
do
1041s
Cairo* FuI.,l8t,l.g.,7B,g.,'91.J&J
7
6
pref.. 100
do
M&N 90
93 Ss 9378
Q'noy & Tol., 1st, 78,'90
Gen. con. r'y & 1. g., 5s.l931A&0
53
51
Indianapolis.
.100
Col.
Cin.
A
Clev.
1912
F&A
113
6s,
8.1a.,l8t,
I11.&
SU I.0U18& Ban Fran.— 2d,ol.AM&N
8% 9
Cleveland* Canton
St.L.K.C.&N. (r.e8t.&E.),78.M&8 112
M&N 113
Jd M., class B, 1906
34
33
Pref
do
do
1131s
do Om.Div.,l8t78,1919.A&0 118 1211s
M&N 113
do oUui8C,1906
guar.,
50
7
60
Clev. & Pittsburgh,
do Clar. Br., 68, 1919..FAA
Bonth Paclflc— Ist M, 1888 .J&J It0i4 101
59
110
CiBiir
d'
Alene
1895.
Mo.,
Ist,
..J&J
No.
do
Kan. C. & 8w., l8t,68,g., 1916.. J&J
50 I7014
Columbus * Xenla. guar., 8
do St. Cha'8 Bridge 6s, 1908 1061s
F&A
Pierre C. & O. Ist, 68
251a
100 25
Col. Hock. Val. &T0I
Wab. Fund. 1907- Var. 78. F&A
J&D 105
Equipment 78. 1895
38
421a
100
Columbia & Green vllle,pref
Various 68
F&A
do
General mort.. 68, 1931
J&J 113>s 114
131
132
50
lOCij
Concord
100
Iowa
D.
Tr.
rec
L.
&
P.—
68,
W.St.
Gmcral mort, 58, 1931
J&J
Concord & Port8mouth,guar.,7 100 112 145
.09
Warren (N.J.)— 2d, 78, 1900 .A&O 120
Ft.S.A V.B.Bd.,l8t,6B, 1910.A&O
109
lOOi xlO
Connecticut & Passumpsio
106
West Chester—Con. 78, 1891.. A&O 110
Bt.L.K.&So.W. -l8t 68, 1916M&8
100 193 195
111
Connecticut River
W. Jersey & At. Ist M.,68l910M&S 107
F&A
Trust bonds, 68, 1920
lllig
114
Norwalk
50|
Daubury
A
Jersey
-Ist,
1896
West
6s,
J&J
M&S
Bt. L. W. & W., 68, 1919
118
Dayton & Michigan, guar., 313. 50
A&O 123
1st mort., 7s, 1899
Bt.L.Vand.&T.H.-lstM.,7s,'97.J&J
Pref., guar., 8.50 166%
do
A&O
Consol. mort., 68,1909
M&N 102
2d mort., 7s, 1898
100 141
J&J 991a 100 Delaware & Bound Brook
West Shore guar. 48
M&N 108 li
2d, 7B,guar., '98
50 13018 I3014
102
103
Western
'88.
Delaware
Lack.
&
West'n
Ala.—
Ist
M.,
..A&O
Buluth—
8s,
l8t, 58, 1931. F&A
Bt. P. &
28
27
100
11318
AAO 108 14 10919 Denv. &EioGr
2d mort., 8s, guar., '90
8t.P.Minn.& Man.— Ist 78,1909 J&J
59% 6u
pref.
100
118
125
da
Wcst.Maryl'd—
do
id
en.,68,
1900.J&J
2d 6s, 1909
A&O
13
Denver * Eio Grande Western
Dak. Ext.. 6s. 1910
MAN 118 119 W'nNo.Carollna-l«t,78,1890.M&N
12
11
98
Consol. 68, 1911
Des Moines AFort Dodge
J&J
Ist consol. 68, 1933
J4J 110 11614
30
25
Pref.
99
do
West'nPenn.-lst M.,68, '93. .A&O 105
do
do
reduced to 4i«8 ..J&J
55
50
Det. Lansing & Northern, com 100
Minn's U'n, let, 68, 1922 ....J&J
Pitts. Br., Ist M., 6s, '96
JAJ IIOI9
IOII4
91Sji Wheeling A L. Erie— Ist, 58,.
Pref. 100 XLIO 112
do
do
SanAat.&A.Pass.,l8t.e8,1916.J&J
19i6
90
100
do
Dubuque & Sioux City
l8t,«s,]i«'i:6.J&J
90H Wichita & Western— 1st, 68.... J&J ids 107
9I9
121
Wilm. Columbia & Augusta, 68.
DuluthSc.su. &Atl
Bandnsky Mansf.&N.— let, 78,1902 119 122
31
112
in
Pref
Wil.A Weldon- S. P., 78, g., '96. J&J
BaT. Fl. & W.— Ist, (B, 1934. .A&O 110
do
11% 121a
100
96
97
At. & Gulf, con. 78, '97
Wisconsin Cent.— Ist ser., 58, 1909
EastTenn. Va. * Ga. Ry
J&J 117
60
59
113 119
4713 48
So. Ga. &Fla.— l8t,7s, 1899
iBt pref.. 100
2rt series, 78, 1909, if earned
do
do
2d, 7"', 1899
2d pref... 100 211a 23
do
do
M&N 112 113 Wis. Valley— 1st, 78, 1909
J&J 120 123
60
Bdoto Val.— 1st, 78, sink'g fd J&J 95 100
107
108
Vi orc'r A Nashuar-Ss, '93-'95
East
Penn
i
Var.
33"
35
2d mort., 7b, sink'gfd
A&O 70 75
Nash.A Boch..guar..58.'94.A&0 107 108
East A West, Alabama
Oonsol. 7s, 1910
65
100 115 117
Eastern (Mass.)
J&J 50
UAIIiROAD S'£OCKS. Par.
133
131
Bham.flun &Lew.— l8t,5s,'12M&N
)lOia Ilia
Ala. Gt. South.— Llm., A., 68,pref..
Pref
do
Bham.V.&Pott8.-78,<ou. 1901J&J
S3
414 Eastern
100 109 110
Lim., B, com
N. H
15
10
Bbenandoau Val. -l8t.78,l909.J&J
107
100
Ala. N. O. & Pac., &c., pref
1214
2% Elizabeth Lex. & Big Saudy
General mort., 68, 1921
45
A&O 44 45 19
do
50
do
def...
'a Elmlra & Williamsport. 5
J»s
67
Bbreve. & Houe.— Ist. t's, gu., 1914
6\
70
Albany & Su8qneh.,Guar.,7...100
Pref., 7.. 50
do
Blinu C. & Pac, Ist M., 68, '93. J&J 108
109
Allegheny Valley
50 86% 86%
Evansville & Terre Haute
50
8odU8 Bay& So.— l8t,58,g.,1924J&J
99% 100
Atchison Topeka A Santa Fe.. 100 101 14 10138 Fitchburg. Pref
100
So. Carolina— l8tM.,68,1920.. A&O
98
31
Atlanta & Charlotte Air Line
90
95
Flint & Pere Marquett*
2d mort., 68, 1931
70
93
J&J
Atlantic & Pacific
Ilia 11%
Pref
do
do
100
Income OS, 1931
18
i..
Augusta A Savannah, leased. ..100 130 132
Florida E'y *Nav. Co
Bo. Cen. (N.Y.)— Consol. mort., 58.
46
50
ilaltlmore & Ohio
160
do
pref
100
44IS8
Bonth. Kansas— lat, 5s
M&S 971s as
41
do
\Fon Worth A Denver C
Ist pref., 6
100
100 130
Income, 6s
83
85
do
Qaiv. Harris!). * San Antonio
120
2d, preJ
flo.Pac,Cal.— lst,68,g.,1905-12 A&O 114%
6I9
7I4
19
Parkersburg Branch
16
Georgia Pacific
100
Bo. Pac.Arlz.— lst,68,190910.J&J iim 112
Beech Creek
Georgia Eailroad * Bank'g Co. 100 197 200
50
Ba Pac.. N. M.— Ist, 6s, 1911 .J&J 108
121a
713
do
pref.
Grand Eapids & Indiana
50
Btaten Isl. Rapid Trans.— Ist mort.
Bell's Gap
lOia Ilia
Green Bay Winona * St. Paul. .100
50
Bteuben. & Ind., Ist 68, 1914. .J&J 103
106
23
Belleville & So. 111., pref.
10
do
do
75
80
Pref ...100
Btock. &Cop.-lst, 58, 1905. ..J&J
34
Boston A Albany
25
Houston & Texas Central
200 201
lOO
ibo
Bommlt Br.— Ist, 78, 1903
J&J
Bost. Con. & Montreal
161a
Huntingdon A Broad Top
50
100
Bnnb.Haz.&W-B.- l8t,5s,1928M&N 104
do
361a
106
do
do
Pref... 50
Pref., 5. ..100 104
2d mort., 68, 1938
M&N 98 100 Bost. Hart. A Erie, Knowl.agree'ln
123
Illinois Central
100 123
Bosp.B.&ErteJunc— l8t M.,7b. .
I.
Bosum Hoosac 'fun. & Western
92
do
92
28
Leased line, 4 p. c. 100
Brr.Blng.&N.Y.—con8ol.78,'06A&0 134 I34i» Boston A Lowell
Indiana Bloom. A We8t.,a88. pd.lOO
181a I8I3
loo 1»>5 167
Tex. Cent.-l8t,8k.fd.,7fl,1909M&N
78
Boston A Maine
Iowa
2:^4
Falls & Sioux City
..100 223
,.100
latmort.,78, 1911
M&N 79
Boston A N. Y. Alr.ljue, pref
100
Jeft'v. Mad. A lud'p's, leased. .100
70
98
Texas & New Orlean8-lst,78.F&A IO6I2
Boston A Piovidence
Kanawha A Ohio
100 217 220
Bablne Dlv., Ist, 68, 1912.. .M&S loo
Boston Revere Beach A Lynn.. 100 155 160
do
Ist prttf
Tex.&Pao -l8tM..6s,g.,1905.M&8 115
Brooklyn Elevated. new
ao
46
2d pref
42
Cons. M.,68, g. 1905.tr. rec J&D.
101
Brooklyn & Montauk
80
77
Kansas City Ft. Scott* Gulf... 100
10
100
teo. and land gr., reg., 1915. July
511a 51'8
do
135
do
do
prof.. 100 xl32
Pref
30
100
EloGr. Dlv., 6s, 1930, Tru«t leo.
TOH 73 Buff. N. Y. & Erie, leased
74 19 75
Kans. City Springf.A Memphis.
100
flen.M.&ttr.ti8,190.'>.ir.rec.A&O.
621a 70
BuflaloN. Y. & Pbila.,a(i8.lid....50
40
Hia Kan. City Clinton & Springl'ld.lOO
35
5914
a.O. Pac., l8t,68,gold, 1920. J&J
791s
*"
5
*•>
Keokuk * Des Moines
100
5
9
Pref... 50
no.'
ToLA.Ar.&N.M.— l8t.6B,1924.M&N 98
9Si« Buffalo Rochester &
do
pref
100
Plttsb
57
100
57
Tol.A.A.AGr.T.. 1 Bt.HB.19V! 1 .J* J 106 l<'7i« Burlington
3'i«l
v. Kanlda^ North. 100
38
Kiugslou & Pembroke
• Price nominal no late transaoUons. t Purohaser
also pays accrued In', erest.
Coupon off, § Price per share, e In Frankfort.
In London
'

m'

W

.

. .

. .

. .

I

m

'

.

11

'

;

t

|]

.

AuausT

6,

1

—

1

5
.

THE (JHRONK^LR.

1887.

175

QBXSU.VL. QUOTATIOJ^S OF Sl'OOKS AMD BONDS— Oostimobd.
For BxpUaatlnna ^ee Mote* at Head of Vint Pax* of QaataUona.
Bid.

Railroad STtiCKS.

RK.

Aa

Hisckllaheodb.

M-rtK-KS.

r<)NTISttKJ>.
Lllk..

KlI.A W....100

I..

Ml,.

18>a
Saig

Pref

<1...

A ^Ii,ll.8o..lOO
.ly

I

ftO

I

1

I

r Mi-hu'lt'l
1.
I...:u lalaiwl
l,<.ii,ViM(>. River
:

9o. PttcllloCo

ftO

OS
17

9'we(it..Ga.,g'd,7.100
<yr. Ring. A N. Y.lOO
iainv.:lt KrHnph,Pa..'50

26

SaoUurv

ban

93

ao

Pn.r
ill!
100
Lou. Evniia.&St. [..lOo

21

Pref. 100
Na«liv..lOCi

23
61>«

61%

LoMinv.N.A.&Chlo.lOO

48

4S

<Io.
lyiiiilHv.

A

Mui'iiii ik

U

13

30

AUKUsta

MHiim Central
100 ii«7' uo""
Mini. A Law'oe
100 217 222
13
Man Beaoh Co.. .100 13
MiiiiliHttau, con. ..100

Mani. U.

&

Ont.. .100

do
Pref.. 100
MemptuA Cbarl
25
Mexican Central ..100
MexJcan National
-Mex. Nat Con«ir. Co.
Mioliltirau .& OUto
do
Pref..
Mlctitvaii Cent
100
MiiUiUid of

New Jersey

Lake 3. AW. .100
do
pref. 100
Mil. & Northern
Mine Uill &8. H....50
Mluneap. ,& 8t. L..100
do
Pref. ..100
Misao'l Kan.ATex.lOOl

Mil.

Missouri

PacinclOO

MoUllo&Oliio

100

Morrle & K'x, k"..7.50
Nashv.Cliat.A 8t.l..2.'>
Naaliua & I»well..l00
K'squeUonlng Vall'ySO
Sew Jersey & N. Y....

do
Pref.
H. Jersey Southern

10

toab'd A RoanokelOO
touth Carolina
100

50

SO IIS6\ 107
.100

78
99

A N.M

Ann

.\rbor
rol.
Col. Cln.
St. I..0UI8 .
rol.
Ohio Central...

A

A

do
Tol. Bt.

Prof,

U A K. City.,

do
pref.
0. N.J.
AC. Co.lOO
Onion Paolllo
100

RR

10

47
9A

49

273)9

37%

}

'

82
27 >«
8>
8)
110 110
to
58 «
§ 08
14% 15
34
35
81>i

I

H'l

r>..,.ff

1

r\n

.&Woroe«er.lOO 171

Ogd.

di

1.. ..^........,,.i,.u

OnioAMiss

100
87
do
Pref. 100 181
On. RR.,lst, end.,68.
16
16
Ohio Southern
Col.CoalA Iron— l8t,68
100
I78I4
178% Gov. ACin. Bge. 58,3-5 y
Old Colony
100
OreK.&Cal. ass pd.lOO
-MAS
58, 5 years
do Pref. ass.pd 100
Hend'uBi-ldge68,1931
20
19
Oregon Short L, ne
1910
Or. Imp., Ist, 6d.
26
Oregon Trans-Cont
Oreg.R.AN.l8t.69.JAJ
Oswego A Syr., guar.. 140
Debenture 78, 1833
53% Con. 5s 1925 J.AO.
Pennsylvania KR. .50 553
Pensacola A Atlantic..
Pullm'n Palace Car
2?i4
Peoria Dec. A Ev..l00
3d series, 88,'87FAA
62% 4th do 8s,'92FAA
61
Petersburg
loO
Phlla. A Erie
Deb'nt're,7s,'88AAO
50 }....
11.^
Phil. Germ. A Nor.. .50 )114
St. L. Bridge A Tun—
Phil. Newt. A N. Y...50 5..
l8t,7a, K, 1929.AAO
S4>a 54=8 Tenn.C.Af.,oim.68
PhUa. A Read. cert.. 50
do
Pref. ...50! i
South Pitts. 1st. 63..
Phlla. Wilm.A Bait. 501
Bir. Div. lst,6s, 1917
Pitts. Cln. A St. L..50
.mS€> L, t, .V N KO U S
Pltte. A Con.. r8ed.50
STOCKS.
151
Pltts.Ft. W.A C.,guar.7 151
Amer. Cotton Oil trusts
101
Pitts. McKpt.Alfuu.. 104
Asplnwall Land. ...10
Pittsburg A Western.
10
Boston Laud
Port.Saco APorts.lsd 6 i'32" 133
Boston Water Power..
2
Port Royal A Augusta
Brookline (.'Hag8.)L'd5
Ports.Ot.F.A Cou.lOo 102
Canton Co. (Bait.). 100
Prov. A Worc'ster.lOO
C«v. A Cln. Brjdge, pf.
Rons. A Saratoga. 100 160
Kast Bosion Land.
Rich. A AllBg., reo
3
Frenchman's Bay Ld
Rich. F. A P., com. 100 120
100
Joliet .Sleel Co
do
Guar. 7.100 162
Keeley .Motor
12^
do
do 6
10
Maverick I>and
Richmond A P'b'g.lOO 108 110
N.E.Mtg.Sccur.fBost..
Rich. A West Point....
26% 26 'e N. Hampshire Land 25
60
58
do
Pref
N.Y.ATex.Ld.,Llm.50
Richmond York R.AC. 96 100
Land scrip
Rome A Decatur
31
Oregon Improvement.
Rome W. A Ogd. 100 85
fe8
Oregon Ry.AN.Co.lOO
Rutland
8% PaclHcMallSS.Co.lOO
100
do Pref., 7. .100 39
10
Philadel. C^). Nat. Gas.
9t. Joseph A GM Isl'd.
PuUm'n Palace CarlOO
41
Bt.LoulsAlt.AT.H.lOO '37
San Diigo L md..
do
73
80
Pref.lOO
StLouls B'dgc, Ist pref
8t. L. Ark.A Texas ...
I5I4 15%
2d prof, certiticates
Bt. L. Ft. ScottA Wich.
St. Lrfiuls Tunnel KR.,
8t. Louis A Sau Fr.loo
35% 36% St. Louis Transfer Co
do Pref.. ..100
Union St'k Yds.ATr.Co
73%; 74
(H)»t.)
'»'.>
do istprer.iu
uo
ist pref.lOO
Liii'l ti>
112 lll4%
iiii WcstEii'l
west mi'i i.tim
o' iiz
.

.

. .

"

Price nominal

;

no late transaotioDs.

t

<

NY. A

100

American

TEL'PH STOCKS

I3.i
38

140

\

1

35

33

"9

17% 17%
30%

290s

AND BONDS.

Amerioun

Trl.

A

Atlantic

A

Cable

I'aclllc st'k

Rank's A Merch'tn.lOO
General mort. eerc
Balthuoie A Ohio...
Cent. A So. Am. Cabin

Commercial Tel. Co.pf.
100
FrankUn
Gold A Stock
100
14%
Bonds
100
Mexican
120
N. Y. Mutual Un. TeL.
125
Mutual Union 6s
io%l N'west.. 7h. 1904 .JAJ
38'«| Postal Telegraph 100

50

.

140

86

11

American Bell

83
87

. .

10

Tropical

BLECTRIC

lilGlIT

STOCKS.

100
Brush, Bait
Bnuh Illuminat'g 100
Edison
Edison Illuminating..
UuitcdStatia
United States 111. Co..

U%

i

i

m

I

I

I

KOLD

niMN«ASILVRK

;

TRUST

49

FRAN.)
100
10

Barcelona

•35

•37

100
110
1-75
100
100
100
x201 202
H 100
Consol. California. 100 1812
31% 32 Chrysolite
50
l* 1=8 Choilar
100
600
42% Consol. Paciflo
X 42
•13
100
500 60u. Crown Point
100
•53
Dunkin
Eureka Consol
100 600
80
'53
Father De Smet .. 100
90 100
Gold Stripe
200
Goodshaw
100
98 102
4^80
Gould A Curry 8. .100
50
•18
40
Green Mountain.... 10
93
90
Hale A Norcross. .100 4^40

1-3J
2-00

•50

•90

I'rust.lOO

Irust

2.'i

100

Central
Farmers' Loan

A Tr.23

125

260
450
450
135
160
203

145
115
N.Y. Life A Trust. 100 565
100 450
Union
100 560
United SLafes
Metropolitan .. ..100
N. Y. Guar. Alnd..l00

& BH'KIiTN
HOKSE: BUS.

100% BleeckerSt.A

101

Fult.F'y

Ist mort., 7s. 1900..

107 •«

97%
109%
101

Broadway

28
112

A 7th

Ist mort.,

."is,

100

Bulwer
Caledonian.

Silver
Indepeuf' -noe

135

l-Hcroase
L^-vdville Consol
Little Chief
Little Pitts

.Mexican Q.

220

Av...
1904..

A Sllv.lOO

140
825

Etappahanock

1

•20

Red Elephant

10
50
100
50
100
100

Potosi

Robinson Consol..
Sierra Nevada
Silver Cliir

30

Standard
Union Consol

116
180
100

•as

•60

7-00
•60

•20

4-23

100
10
100

Navalo
Ophir

380

1^70

•70
100
20 's'bo 3^2S
•11
•13
10
10
50 "•23 "•30

IronSilver

N.Y.

ibo"

SAJ*.

Alice

Horn

Kulckerbocker ....100
liO
Long Island
100
Mercantile

9!*

109

A

Montana
Amte

(N. Y.

CO.'S

STOCKS, N.V.

Am. Loan A

1.5
I

30

100
100

1

-.0
11%
Lynn, .MaAH.,G. I
119% 120
U%l Maid. A Melrose. ..100|
11
.100 XI06 106
52
50
Newton A Wat'n .100 1140 143
24% 26 Salem, Mass
loo' xll2 lU
378
Brooklyn, L. 1
25 lot 106
8%
Oltiiens', Brooklyn. 20
30
87
26% 28 %l Metropolitan, B^clyn
80
84
32%' .Nassau, Brooklyn ..25 100
31',
"63"
52
People's, Brooklyn. 10
60
Wlinamsli'g, B'kfyn 50 113
133
MO
Oharlest'n,8.(,'.,Ga«.25
18
109
108
Chicago G.A Coke. 100 160
68
Cincinnati G. A Coke
181% 188
131
128
Hartford, Ct., O. L..25
30
Jersey C.A IIobok'n20 160
People's, Jersey C
70
77
78
Louisville G. L
113
116
86
40
Central of N. Y
50
60
Consolidated, N.Y. 100
74
73^
E<iultal)lc. N. Y
133
Mutual of N. Y....100 "ai" 97
103 110
N. Orleans O.L... 100
68
68%
102 103
Portland, Me., O. L.50
68
70
33
25
St. Louis Gas Tr... 100
74% 73 1«
Laclede, Bt. fyOUlB.lOO 119
121
Oi 102
United Gas Imp., Phil.
ie>
185
Wash'ton CItvG. L.20
Zifa 40*«
80
34% 81%'
stocks;

80. Tel., 1st mort. b'ds
Atlantic. 25
Sonth'n

115% Amer. Speaking.
111% Erie
113% Mexican
129% New England .,

IM

30

Alta

STOCKS.

113
KX, il 1 IV

lOOi

13% 14%

.

Bonds, Ist 68 ..
Postal T. A Cable

100% 100 ''g Brooklyn

100

.

.

78
72
Basslck
A
73% Beohtel
100 73
Westeni Union
118
116%
Belle ble
7e, mill. M. A N...
TEI'KI>iIONE
Bodle

BONDS.

17

26% OantonlBalWOs.g., '04

-I.

.

215% United States
100
Wella, FargoACo.lOO

fIISC'I.L.VNKOO»*

7<i

14

20

nn'K.lOO
dial
oil
100

Wyoming Val.Coal.lOO
XPRBSS S'r'OKN
100
Adams

—

'Z6>4

Dor,

'Md.lOO

33
20

Tonn.CoalAlronColuo

80
do pf.,guar.l0..100 200
50
Pennsylvania
50 5
Sohuylkill Nav
5^^ 593b
do pref. 50 > a
do

ITc

31

120.

N. Neva A Mlsa. Val.Co
N.T.Oent.i& H.RlT.lOO
IT'S 17%
H.T.Ch.ASt.L. ass.lOO
Conv 68,g.rg.'94>rA8
30 -a 31
do Pref., assent. 100
6s,g.,op.Arg..'97JAD 113
N. Y. City & Northern.
Con8.M.,1911 78JAD 72"
2^5
H. Y. A Harlem ....50 218
Penn.— 68. coup., 1910
K. Y.Lack.iWest.. 100
lohuylklU Nav.—
30 >s 3OI4
80
N.Y.L.ErioA West. 100
l8t M.,6a, 1897.Q-M
67>«i
67
45
do
2dM.,68,1907..J&J
Pref.lOO
43 14 43%
H.Y. AN.En^land.lOO
Mort. 6s,op.,'95JAJ
103
104
!«
do
6s,lrap.,op.,'80MAN
Pref. 100
H.Y N H.& Hartf.lCO 2:25 ^25
68,btAcar,1913MAN
Itjis
17
N.Y. Ont. &Weat..lOO
7s,btAear,1915MAN
M. Y. Penn. & Ohio ..
^usq.- 8s,cp.,1918JAJ
78. coup., 1902.. JAJ
9% 10% OAN.VL STOCKS.
Bl.Y. 8usq. & Western,
Ciicsapfiike A Del.-.'iO
Del. A Hudson. ...100
Del. Div. leased, 8. .50
LeUljjh Navigation. .50
100
Morns, guar., 4

ii]0.'!AI.

S6

60
50
*est Jersey
Vest Jersey A Atlantic
13%
Ve«t«rn Maryland. ..
Wheeling A U Erie 100 44
ffU. Columbia A Aug
05
*llm. A Wcldou, 7.100
26
26% Wsconsin Central
20
98
98 »s
38
Pref
do
12>4 14
Voro'terANashna. 100 137
139
13a
CANAL BONDS, 80
77 % 80
Ches.ADel.-l8t,68,'80
200 20j
C les.AO.— 6s, '70.q.-J
^ 54
Uel. AH.— 7s.'91.JAJ ibf
4
7% 1st ext., 1891.. MAN lo7
Com). 78. 1891. AAO U5»8
1
Ist Pa.D.cp.,78,M.t8 140
17
lo
Lehigh Nav.- 4%8, '14 109
107 :i» 108
RR. 68, reg., •97,Q-F

31%
do
Pref.
N.Y. West Shore & B.
17
16
Horf.AWest,, com. 100
44
43
do
pref.lOO
75
Ko. Pennaylrania..50
85
86
northern Central.. 50
North'n N. Uaiup.lOO 144>9 145
33%
33
Korth'n Pan.. com. 100

<'h"l

37

26
rr tab Central
100
tItlcaABIackRiv.lUO 115
pref

41

27
61

Vt.AMas8..l'Hed.0.100

do

M

113%

40

'too

14

Virginia Midland....
Vahash Pur. com. cert
do
Pref.lOO,
Warr'n(N.J.),l'8'd,7.50

C.
(•

AA.
13«
108

.

43

Bid.

BiMUm

100 zll8
Brookline. Musii. 100 104
Canii'
r.IOO xioa

MOO

A

Maijl.iml
Central Coal .100
Pirry
100
Ontario Sll. .MIn'g.lOO
Pennsj'lvaiila Coal. .50
Quicksilver Mlu'g.lOO
pref.lOO
do

55%

MlWKLLAinMMW.
Soath

u.vcoaiao

New

85
51

.Meridian

Bid.

STOCKS, N.V.

(.

11

9

22
92
53

A

16

SI
130

114

VIoksb.

MiKniLLAHBOnt.

COAL A niNINQ
(';.

31
129

113

8

7B

:.:«

100

A L9Wl8t..50
rerre H. A lnd'nap.50
r«x A Pap. ass. p(1100

Ask.

112% 113

it.P..Mhin. AMan.lOO
9a>a loloto Valley

54

^7

45

I't.Sin.lOd

18%

Bid.

». L. Van. A r. B
4t.PMil ADulntb.IOO
do
Pref.lOO

BOSTON MINING

1^3ft

•45

425
•05

•10

1-40

1-60

300

STOCKS.^

103% Ulouez

25 500.
1
10
25
9
4
6
Brunsw'k Antimony.
Brooklyn Cible RR.,es 103% 106% Calumet A Hoola...25 x209 203
172
250. 270.
165
10
Catalpa Silver
Brooklyn City
110
20
25 15
Central
Ist mort., 5s, 1902.. 106
50
Copper Falls
Brooklyn Crosstown.. 165 170
108
11
105
25
Franklin
l8t mort., 78, 1888..
8
25
Huron
BushwickAv. (Bklyn.) 130 155
150 160
25 750.
Minnesota
Central Crosstown
120
25 500. 750.
National
1st mort., 63, 1922.. 116
84
26% 27
25
Osceola
Central Pk.N A E.Rlv.
2
3%
25
Consol. M., 7s, 1902. 126' 121% Pewablc
124
49
50
25
121
Qulnoy
Christopher A 10th St.
75c. 1
25
110 112% Ridge
Bonds, 7a, 1898
86
90
25
Tamaraok
Dry Dk. E.B.A Battery 150 133
102% mANUFACT»lNG
1st .M., 0OU8O1.78, '93 110
107
sro<iKs.
104
Serines, 1914
790
150 158
Am. Linen (Fall RIv.)
Eighth Avenue
100 113% 114
107 110 |Amory(N. H.)
Scrip 6s, 1914
Amoskeag (N.H.) 1000 21'25 2440
42d A Grand St. F'y.. 200 213
117
Androaeog'n (Me.). 100 118% 119
ist mort., 78, 1893.. 112
42
41
Apploton (.Ma.w.) 1000 670 675
42dSt..Man.ASt.N.AT.
113%
108%
Atlantic (.Mass.). ..100 113
107
l8t mort.. 68....
63
60
Barnaby (Fall Riv.).. 100 102%
2.1 inc., 63
^,
80
160
Barnard Mfg. (F. R.).
Hou.st.W.St.APav. F'y 153
112 iBat<!S (Me.)
100 142% U3
l8t mort., 78, 1894.. 110
no
iBoott Cot. (Masa.llOOO
108
Ninth Avenue
119 iBorderatyMfg.(F.R.)
Second Avenue
107
Boston Co.(Mas8.)1000
Ist mort., .58,1910.. 105
100
Boston Belting
101
Consol. 78, 1888
175 130
Bost. Duck (Mas8.l70a
Sixth Avenue
Chaco (FaU RIv.) .100
Istmort., 78, 1800.. 110 115
Chlcopee(.Ma88.) ..100
200 206
Thlnl Avenue
105 107
Cooheoo (N.H.)....500
Ist mort., 7s, 1890
CollinsCo. (Conn.). .10
225 240
Twenty-Third St
Continental ,Me.(. 100
112 114
1st mort., 7a, 1893
Ores't Mills (P. R.) 100
UAS STOt^KS.
53 %l Crystal 8pr. B1.(F.B.).
Bait. Con.^il. Gas
52
Boston Gaslight. ..500|1015 1020 Davol MlRs (F. R.)100
41
Dougi's A xe -Mass) 100
'25 x 40
Blast Boston ...,
nwl'ht (Miu.^.1. 51X11 7.50 7rtO_
lOOl 224
Roxbury
.^•~...^.
--- 228

2d mort.. 5s, 1914... lOJ
B'way Suif., gu.,5s,'24
Guar., .5a. 190i

100
100

Atlantic

im

1133

138

105

84
35

7%

7%
4%
43
210
5

6%
124

3%
214

35%
7%l

7%
S\
5

50

S%
7
140
12

2%

95 too
230 50c.

.

i

45
93

45
93

3;%

3-(%

96
146

100
147

46% 47
(104
;50
1105

108
5i

70

7->

10L»

110 123
21T,
^^ai 22%
--^

Purchaser also pay* accrued Interest,

1

I

,

I

I

I

(

.

.

i

In London .

i

Quotation ptr (hare.

.

5

THE CHRONICLE.

176

[Vol.

XLV.

GEXERAL QUOTATIONS OF STOCKS AND BONDS—Concluded.
For Bipl;niatlou» See Note*
Wancfxc'ino Stocks

Ask.

Bid.

76

Kverett (Mass.). ..100
F.R. Machine Co.. 100
F. K. .Mfi)iio('<i...]00

FUut .MIIU (K. K.) 100
FraiibUu (.Me.).... 100
«rb«y.Mill8(F.K.)100

I!

BepubUc
Revere
Rockland
iecond Nat

100
115
245
»1

<}raiilt«(F.K.)....1000 230
Oreat Falls iN.H. (100 i'O

810 815
192 200
83
h2
220
1025 lV'35'
108
King Philip (F.K.) 100
400 470 175
I.«ooaia(Me)
620
615
Lancaster M.(}<.HI400
tf>
1,'rel LakeHai)i(F. R.)
l*wreuc« (Maes.) 1000 1620 lf25
690 775 780
towell (Mass)
Xoweil Blcachcry.200 146 147
Lowdll M;lch.Shop.500 8i5 «50
70
txttutnU. (Mass.). 100 (18
lUn<3he«ter(N.H.)100 15 h 160
1060
1030,
1000
Mass. Cotton
85
Jteohanlcs' (F. R.) 100
ll'^>2
aierclianti,' (F. R.) 100 110
Sf eniuiack (Muss) 1000 1245 1250
Metaoonict (F.K.) .100
a^MinesM (.Maa.s.).100 180 182
87
80
JJarragai]Stt(F.R,)100
SasUiia (N. H.)....500 612 514
10Hi«
109
Haniukeag (Mass.jlOJ
90
95
Jf. E,QIasB(Ma8B.)375
Kewfiiarket
500 330 •335
Facillo (Mass.). ..1000 1070 1680
FepperelUMc.l
500 1090 IHO
117
rocasset (F. K.)...100
721»
Bora'u(F.R.)
100
Bloh;

ieourity
3Uavrn!iit
Jlioo ALcutUer

State

Hauillton (.M»e».) 1000
Bartf. Cariiet (Ct.)lOO
100
Hill (.Me)
Holyolie W.Power. 100
Jackson (N. H.)..1000

BoMson

Bid.

Siiflolk

Third Nat
Tr.-tders'

rremont
Onion
Washington
Webster

:

100
50
40
50 310
60
100

Fulton
City National

;

Commercial
£x)nK Island

132

120

Manufacturers'

50
100

-Mechanics'

Nassau

Charleston.

I

B'kof Chas.(NBA)100
First Nat. Chas.. .100
People's National. 100
I

Atlas National

100
uuinago Nat
Uoui mercial Nat . . . 100
..100
Coutlucntal Nat.
100
Fu'st National

24
120
155

1

lis"

Fort De. trboru Nat.

100

Hide and Leather. 100
1033j
Merchants' Nat.. .100
26(1
SaluiouFallsr.N.IDSOO; 260
MBtro)>olltan Nat. lOii
28
25
Banifw.UlaHfiMass.fSO
Na*. Bk.of Ainer..l00
82 k Nat. B'k of Illinois.lOO
etoovfe. (Fall R|V.). 100'
60
BladetFuli Kiv.).. lOO'
Northwestern Jfat. 100
8taabriI(FallKlv.) 100 103
100
Uuion National
etarEiIillH(N.lI.)1000 l;i45 1250 Un.Stock Y'ds Nat.lOO
102
Tecuiueeh (F. R.). 100
Cincinnati.
XhoruiUkejJIass.jlOOO nbo 925
Atlas National
(F. Riv.) lOOOj
flaeamore (F. Itlv.) 100

200
2C0

'

V'Oh! 121

'Waujpauoftg(F.R.)100
W«8Um)ft'n(.Mas8.)100

150

Weedtiew.

(Me.)

BANK

7.5(J

60
46
1020 1025

MTOC^KS.
Baltimore.

-BanK ui Bui ..iiore 100 140
Bank or Cou)merce.l5
i

Otlaeuu'
10
Ii"*
& Fanners'.. 100 131
Farmers' B'k of M(1.30
31

<3oui.

Fanners'

it

Mfrch..40

F»nuer8'<iPlantur8'25
First Nal ot Bait. lOi.
.

.

Franklin

Geruan American
Howard
Marine

Citizens' National
Couunercial Bank
Fiaelity National
First National
Fourth National
German National
.Marke-t National
-Merchants' National
Metropolitan Nat

Mb (Ct.)2o

Weetamoe (F, R.)100
WUUiQ'tlc Lin(!n(Ct)2&

TorKCo.

Cincinnati National...

850
220

60
]

30
10
Merchants'
100
*litioual JixcU'ge. lOo
...

Jteo&auics'

People's

2.

Second National ..100

57

.

293

.

.

140
130

UlU

loo 187
Oeutral
loo 127
2^ty.
100 10-i»
Ooluiubtau
100 130
OouiiiiercR
loo 127:1,
Oomuiouwealth ...100 130
Oontineuul
100 121i«
f,»«le
100 lt'4^
«ttot
100 l:^2lil
Siorett
IOC
«jchan)?e
loO 10
Faneuil Hall
loo 139
First National
100 2'Jlia
First WanI
100 12<
Foortli National. .100
lil
™e'"»n8'
100 1031s
StotM
100
95:^1
100
5f!HMt«n
Mwe
A I^eather ... loo 1'24
1171s
"oward
100 115ia

I2ils City

136

lUSij

140
220

(Jerinan Ins. Co.'s.lOO

ISO's

yemian

123
133
isi

ISernian National. 100

99
IBl

100

City

UO

Western
I

New

Canal

Orleans.

& Banking.

!J»«'eBi'«k
100
JJeehanlM' (8o.B.)lO0
IwroliiuidlM
100

!S«]»l«*nt«'

lotj

141

•S*"**"**""
Jtonumeni
«. Vernon
JBW BuRland

100
loO
loo
lOo
1""
1 00
50

116
218
139
150
135

i(X)

Manufacturers'.. .100
Maj-kfct

100

M«-ket/BriKhtou).'lOO
aohusetts .... 250

w

i^-l-i:

MojttAuierloa
VliUiDBton
Pfaonio

Mjtm

. .

.

.

.'."kvi

I

.

1

Citizens'

;

1116

5«%
!5'->i«

l4lis:!Anierica

loo 175
180
^""''Jcan Exch'gelOO
143
J.'.S"*'
^**
Broadway.
25 •266"' 270
J?'!!'!!!''*''''"'' '* Drdvers25 166
IMiis
Centra! National. .100
IS?"
-M,
Ch.ise Nationa) ...100 200
i< OH) Chatham
25 215
57
Chemical
V. ..100 2500
ICItv
100 SOO
•i-iicewminalj no late trnMaotlons.;

Nat

12.i

140

12jit

Guardliin
Imperial Fire

I0i>

Lancashire F. & L. .25
London Ass.C0rp.i2i2
Liv. & Lend. c&Glob6.2
North'n Fire & Life ...i
North Brit. & Mer. 8%

B'k of Cominei-ire. .100
Ciunmercial
100
Continental
100
Franklin
100
Pimrth National ..100

San Francisco.
Gold

Grangers'

Bank

100

Pacilic

FIKB INSUR'CE
STOCKS.

Baltimore.
Aa.sociate Firemen's.
Baltimore Fire Ins. 10
Firemen's Insur'co .18

Howard

Fire

Maryland Fire

5

10

Merchants' Mutual. 50
National Fire
.1<)
J

Last price this week.

220
120
145
^8

150
160

100
75
125
145

lul\
99% 101%
2iT^

S6
155
100
140
185

90
165

"mo
190

252
115

255

132
86

295
133
90
203

lt»8

1IS%

$75
02
73

23
75

161

166

6
49
34

(i^

51
35
66<«

551s
391*

40is
4

31a

38

New Orl's

Ins. Co.

39

.

2514

5<

26>i

25

People's

Sun Mutual

l^'O

Teutouia

100 xl20

NeiT Vork.

124
/

'

i.

"s'i"

us"

Citizens'

25
17

Brooklyn
City
Clinton

Exchange
51

Farragu t
Firemen's

163
152
122
123
142

14J
"I'ui's

20
70
100
50
100
40
100
30
50
17|

German-American 100
Germania
50
(ilobo
50
Greenwich
25
Guardian
Hamilton

185
100

UO

115
105
30
210
240
100
100
115
97
300
150
115
220
63

100
15 1'20
H.inover
50 130
Home
100 140
70
Howard
40
Jotfoi'son
30 120
Klng.s Co. (B'klyn) .20 -00
85
Knickerbocker
30
U7
[Lafayette U'klyn) .50
Long Isl'd (B'klyn). 50 97
120
Mannf. & Builders'lOO
70
Mechanics' (B'klyu)30
60
Mercautile
50
90
Merchants'
50
95
Montauk (B'klyn).. 50
Nassau (B'klyn)
50 110
Nationa!
37 is lOJ
;

1

100
128

114%

N. Y. Equitable

New York

of California

First Nat.

Life.. .1
Insurance
S

UO
145
230

American
50 Ifi^' 173
Ameriean Exch...l00 8J
JO
Bowery
25 155 165

St.

Bauk

.50
2.^

105

Neiv Orleans.

57
111
134

174

Louis National.lOO 130
Third National. ...100 113

4m 19!
42

Crescent Mutual 100
35 ij,
l-actors'and Tr-..10(i
75
63
Firemen's
60
65
Germ.ania
lOo X
120%
100
80
illbcrnia
g5
Homo
100
80
Hope
100 X
98
6711 75
Lafayette
50
4914 53
Merchants' MutuallOO
Mechanics' <&Tr...lO!! xl03 106
Now Orl's Ins. Ass'n 30 17
18

240
175
113

400
32)
160

260
90
International
100
.Mechanics'
100 126
112
Merchants' Nat ...100

b7
92
127

- -

291s

lOOi 12*3

I

!

50
162
150
120

Merchants' Nat... 100
of VirginialOO 10218
Planters' Nat
100 145
State Bank of Va.l(X) 1141s
St. IjOuIs.

100
100
100
100

Security
iThird National

ComuK^rcial Union. £5

128

Continental
Eagle
Empire City

j

25

100
100
100
100
100
100
50

liondon. Ens.

Commercial

Nat.Bk

Bank

Second Nat

2 Si
130
113
104
96
125
118
U<i

ui"

100
50

Bank

First

Conn

*:tna Fire
Connecticut
Hartford
National
Orient
Phoenix
.Steam Boiler

180

5U 125

Richmond, Va.

Kentucky Nat
lOo
lA)ulsT. Banking Co.40

P<«)ple'8

Hartford,

Broadway

Portland, me.

[Masonic
100
iMerchanls' Nat. ..100
Northern of Ky ...loo

133

140

175

Cumberland Nat.. .40
Canal Nat
101
Casco Nat
10<
First Nat
100
Merchants' Nat
76
National Traders'. 100

Drov..lOO
100

I'lrst

l«8

11-5

146
33'

West Philadelphia.lOi:

100

130

I

170

. .

ThirdNat
Western Nat

City TobaccolOO
Ky ...lOO

&

214
175

.

Tenth Nat. Bank

91

125
190

128
I46>a

Cincinnati.

Aniazon(new stock) 20
.\urora
20
Cincinnati
25
Citizens'
20
Commercial
25
E.igle
100
Enterprise
20
Eureka
20
Fidelity
100
Firemen's
20
Germania
20
Globe
20
Merch.ants'A .Mannf 20
Miami Valley
50
National
100
Security
100
Washington
20
Western
25

6J.h

55

95

120
130
Neptune F. <fe
99
North American ..100 100 105
Prescott
100 100 102
Shoe <fe Leather. ..100
3k 5
Washington
100 99% 100

72
62

135
110

14C

118
128
M...100 96

Royal

Independence
lOi
Girard National
40
Kensington Nat
5i)
Keystone Nat'l
5C
.Manufact'r'rs' Nat. 100
Mechanics' Nat
100
Merchants' Nat
Nat. B'k Commerce. 50
Nat. B'k Geriuant'n-50
.Vat. B'kN. Liberties 50
N,at. B'k Republic .100
National Security. 100
Penn National
50
Philadelphia Nat 100
Second Nat
1 00
.Seventh Nat
100
Sixth Nat
100

Southwark Nat

100 x 33
100 lOi)
Germania Nat
100 xU4
Uibeniia Nat
100
xl44
11' i« U2
MxJiilsiana Nat.. .. 100
96
97 iMetKipolitau
K
xll8
94i« 95
iMutualNat
100 XI 20
141
143
I.Sew Orleans Nat.. lOo xllO
108 lOHm People's
" 50 ?:>8i«
^.t,_,
22-;il9i
141
.*.>j!"'''"j;^''*
100X105
102

Uoooln

145
235

National. 100

Nat

100
50

.

of Keatiickylbo
of LoidsviUelOO

Faj-iuers'

148

Queen Fire &

FouriliSt. Nat'l.. ..100

Fanners' of
190

Boston
100
Boylston
100
Dwelling House. ..100
Eliot
100
Firemen's
100
Manufacturers'- ..100
Mass. Mutual
100
Mercantile F. & M.lOO

349

100
100
Fariuers'&Mech N. 100

Commerce,

Nat

I'alls

.

Kightli Nat
First Nat

132

Iioulsvllle.

Hank
Bank

120
104
210
99

Cousolidation Nat. -30
Corn E.vchivnge Nat.50

I

(fltizeiis'

118
l42
123

Commonwealth Nat .50

Hartford.

134
!25
112

Columbian
Comniercial Nat

185

.KtnaNat
American Nat

B'lik of

I

130

Philadelphia.^

100 103
50
Charter Oak Nat.. 100 110
City
100
90
li!l4 12i« Connecticut River 50
48
Far. & Mech. Nat. 100 103
05
"12 ij "ii'i First Nat
100 loo's
130
Hartford Nat
100 156
12-5
.Mercantile Nat
100
20I4 Z\)H\ NationalExchange.50
62is
155
Phojnix Nat
100 127
119
State
1(X)
93
86
United States
100 260 300

Third NaUonal....lOO
Cnion
75
VesteiD
20 "bO"
Boston.
tlantle
lOO 132
AUaa,
100 124^
Blacks tone
lOO iim
Boston Nat
100 122
Boylslou
100 135
Broadway
100 102
B«nker

179

Bid.

Bost«B.
American F. & M..100 127

I

220

fJ'k of N. America . 100
City Nationtil
50

y

C9I9

-.100

Second National. .IOC
Seventh Ward
100
Shoe & Leather
100
St. .Nicholas
100
Stateof N. Y
100
Tradesmen's
40
United States Nat.lOO
Western National

170

Nat. Lai. & Bk.of Com.
Ohio Valley Nat'l
tjiieen
City Natloual
16>s
Second National
19
.":
Tlilrd National
Western German Bank'

45 >4
129
100
118

100 2 to
N. Y. Nat. Exch'gelOO 123
New York County 100 200
133
fflnth National-. ..100
North America
70 127
North River
30
Oriental
25 137
Paoiao
50 155
Park
100 172
People's
25 100
PluMiix
20 112
112
Province Exchan^^e
Republic

I

Treni6ruA8.(".!;iB8)100
TroyC. &. W.(F.R.) 500
Cuioij C.Mf. (F.K.) 100

Insukance Stocks.

Ask,

.

123

American Esuh. Nat..

'

Bid.

25 135
Commerce
100 173
Continental
100
Corn Exchange ... 100 187'
East River*
25 130
Eleventh Ward
25 150
First National
100 1500
Fourth National ... 100 145
Fulton
30 152
Fifth Avenue
100 700
Gallatin National .-50 20J
Garfield
lOO 1V5
German American. .75 112
Germania
100 200
Greenwich
25 110
Hanover
100 170
Importers' & Tr...l00 325
Irving
50 145
Leather Manufts-.IOO 210
,M anhattan
50 102
Market
100 170
Mechanics'
2.5
Mechanics' <fe Tr.. .25 i'is"
Mercantile
100 145
Merchants'
50 143
Merchants' Exch'geSO 120
Metropolitan
100
Nassau
60 145

New York

Chicago.

I

Pa?e of (Inotattoas.

(Citizens

Brooklyn.

Brooklyn
First National

First

Bank Stocks.

Ask

100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100

Bedeinptlon

ii

00
90

Bank Stocks.

Head of

at

3,".

165

90
160
93
170
90
170
100
Peoide's
Phenix (B'lUyn) ....5o 120
8
Rutgers'
25 140
28
Standard
50 luO
181s 19
60
Sterling
100
6% 8 Stuyvesant
25 UO
41s
United states
25 140
"e'6""
Westchester
10 l.'jO
5's Williauisburg City. .50 l60
Fire

Niagara
North River
PaciUo
Park
Peter Cooper

§ tiuotatlons

per share.

100
5u
25
23
100
20
50

193

120
120
ir5
112
35
225
260
108

UO

125
102
315
IdO
125

250
75
130
140
145
80
13U
210
luO
106
105

UO
8.1

TO
100
102
145
llO
175
100
175
105
180

Ul
ISO
U"
1^5
150
110

65
124
156
188

285

,

1

ADOtJBT

6,

THE CHRONKILF.

1887.J

luucstmcut

&

:

177

the exact amount within that period h«tn|{
|10,7M.8ltgk
to this IntOT mim hiw be«n writtea
during the year, to wit, $10,7 .3, aW, an followH: th« Hirirr*.

1886,

An approximate amount

AND

off

u-ati-mim of $10,000,000 was api.r.ipriatMl an.l truni.rH.riHi
by
lie hoard of directors, M(,|,r.>ve<l
and ratidwl by the
l.'rs at their annual rofelin^ on
the 2<l of Jun»l«flt, to
the claai of expenditures ulreaily explal..ed, and th»
lie property was
correHjiondingly redui*d on the lK>uk»

^ixxlvomX lutclligcucc.

I

The Investors' Supplement contain* a oompltU ovhibit oi
the Fitfulsfl Debt of States and Cities and of the Sionks anil
Bonii.1 >/ Hiiilroads and oiher Companies, It is published
on the last Saturdai/ of every other month—viz., January,
Uanh, Hay, July, September and November, and is furnished iiHthout extra aharyeto all regular subscribers of the
Ohbonicle. Bxtra copies are sold to subscribers of the
Ohbonioue at 60 cents each, and to others o' |1 per copy.

..

...

.•.ii|iany.

.

The further and lem oonMderable sura of $703,059 was
ohargpil to income account to covt-r the am mnt
of computed
interest on funded debt, th" same being interest
accruiua. but
not due, up to May Slst. 1886.
LAND SALES.
The usual report of the Lind CotnmlMioner dhows that th»
sales of lands and lots during the year amounted to
07,UO
acres and 3,0J7 lots, for the consideration of f(W7 OH, payable
partly in cash and partly on tim
There were 23,218 acres
Chicogro & Northn-pstorn Kallnay.
sold from the Minnesota grant nt an average of $6 11 per
acre,
42,55'J
acres sold from the Mii^higan grant at an average
('For the year ending May 8!, 1887.^
An article in the editorial department of the Chronicle of $1 90 per acre, and 1,333 arrcs sold from the Wisconsin
at
grant
an
average
of $3 15 jjer acre. In addition to these
to-day comments upon certain important changes which have
•ales, 183,131 acres were deedi d out of the Minnesuta grant,
been made in the falance sheet of this company.
The annual report just iwued states the mileage ss follows- in settlement and satisfaction of a decree of Court in the owe
Chicago <fe Noithweetern Riilway, 2,50050 miles; Dakota Cen- of Barney et al., vs. The Winr na & St. Peter Hitilro^d Cotn-

ANNUAL REPORTS.

-.

pany, in a long-pending suit to determine the quantity of land
which the pi ilntifl^ were eniitled for the construction of a
portion of the roai prior to its purchase in 1867. The net receipts from cash sales, deferred payments, interest, irespaM
and sturapage and all other sources were $889,588, and ttiare
remained assets of the Land Department, at the close of tne
fiscal year, for unpaid am:>uat8 oa outstandiair coa;racts.
the

Railway, GOO-23 niilee; Winona & St. Peter Railroad, 448-48
& Northwestern Railway, 385 19 miles; Iowa
Railway Cial & Manufactuiing Company, 3 25 milr-g; Sycamore Cortland & Chicago Railro»d, 4 64 miles; Northern
Illinois Railway, 77-00 miles; Princoton & Western Riilway
16-06 mihs. Total on May 31, 1887, 4,101 -35 miles. 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 58 miles, one from
Redfield to Faulkton, 32-54 miles, and one from Doland to
VerdoD, 24 38 miles, total 95-45 miles; by an extension of the
Toledo & Northwestern Railway from Lake City to Wall L<ke
Junction, 15-38 miles; an extension of the Maple Valley
Branch from Mapleton to Ouawa, 2070 milec; the constructral

to

milfs; Toledo

sum

—

tion of the JanesTille

&

of $1,269,702.

The number of acre.i held in the various granti on the Slst
of May last was 1,370,694, of which 819,869 acres were contracted to be sold, and thi balance, amounting to l,030,jt35
acres,

remained un83ld.

The comparative

&

Evansville cut-off line, 16-10 miles;

an extension from Winona Junction to La Crofs^, 3'96 miles,'
and an exttni^ion to the Mitchell Iron Mine, in Michigan, of
1-05 miles.
These new linei were opened at different periods,
and are equal to 88-52 miles operated one year. The total Tot. miles opor'd
average amount of lailroad operated during the entire vear Locomotives
PatsiiiK.&c.cars
'

was

4,037-23 miles.

capital stocks cf some eleven different proprietary companies, amounting in all to $11,200,500, owned by the Chicago

1883-84.

18;1-S.5.

3,7B3

3,843

Operations—

Nortliwestern Railway Company, have in former years
been brought forward on the general balance sheets at their
par value, while poBStssing 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, snd the stated cost of the properties has been correspondingly leduced.

1883-84.

Earnings—

$

Gross earu's.
Expenses

—

P.o.exii. to earn.

1886-87.

9,709,93«
254,709,29%
2-^9 ots.
_
_
9,737,31

a

17a4,a9d,SU»
1-13 ou.
'

5,8-20,Wl.
19,3-29,484

1,189.687

1,080,551

1,130,'206

1,171,B81

23,502,056

24,279,000

26,32 l,31e

3,5510,917

2,939,2')3

2,418,297

072,021

2.193.224
7,970,502
690.928

15.140,956
9,879,608
60-51

13,793,907
9,708,149
58-69

8,429,1-21

3.227.2452,212,289

2,951,880
3
8,156,221
2,')48.«

8,9i8,ti81

702,452

712,125

13,859,-2-26

15,070.342
11,250.974

10,120,374

5708

INCOME ACCOUNT.
1883-31.

Receipts-

1884-85.

$

1835-86.

1888-87.

10,420,374

11,250.974

5.536,303
3,414.504

5,136.19»
3,441.504
7
6

$

*

NetoarmuKs....
Disbursemenls-

9,879,683

Soutiilapaid

1,508,704
4,527.235
2,939,469
8

•5.061,534
*3,98 1.348

7
83,000

7
58,000

7
6
58,000

Tot. dlsb'm'ts.

$9,118,408

Balance, surplus

$761,260

$9,132,449
$575,700

$9,033,807
$1,381,507

9,708,149

>&

IntcroBt ondel)tt
Uivirteuils

Rate oil pref. ...
Rate ou comm*n
Uisoellancous ..

The ntt

S
'28,567
8

On

aljsorption of Towa leased Une.s, rentals ceased
dividend ctiarjzes increased.
I Less croitlt items.
*

:

and

S8,0»
$3,638,702
$2,612,272
Interust aiKl

OENEEAI. BALANCE AT CLOSE OF EACH FISOAI. TEAR.
188.i-88.
1884-85.
1886-67.

&

$

;

Cliic.

A N.W.—Road

Other uDiiipanles
Bontlfl

Stocks

Acauip.

do

owued
owuol

Laudgraul lavestmoiit4
Bills and acoouuts receivable
Blateriala,

ttiel,

&,o

.. ....

CONSTRUCTION AND EQUIPMENT EXPENDITURES.
Caah on hand
The net expeuditares incurred for construction and eqoip- Trustees of eluking fund
ment amounted to $4,085,518.
Total
The amount standing to the credit of income account upon
Liabilities—
the bo( ks of the company on the 3l9t of May, 1886, was Stock, coiiiiuon
$11,144,325. This sum represents the balance of net earnings
or accumulated i-urplus for many yi ats, and has been drawn
upon and used from year to year, as the necessities of the company required for t*^e enlargement and te'terment of the
property. Most of this surplus of fll,144,3.i5 appealing on
the books has accumulated during the last ten years, from the
time that dividends were resumed in 1877, down to May Slst,

u5»

25,020,024

&

&
&

735.

»

5,646.1.50
17..50.J,244

Taxes

Neteamlngs

4.1UX

$

$
5,ln8,lll
10.917,.394

Malnt'ue of way
"
cars, ifeo
Transp. & miscel

Total

1883-87.

1883-88.

6,153,071

IVlaU,exiH-es8,<to

&

increase of the funded debt was |6, 873,000, being
the difference between bonds retired and bonds issued.
The interest on bonds chargeable to the business of the year
wae 15,130,197, bein,i a reduction of f400,105 from that of the
preceding year. The total charges were |5,761,899, from
whi'h were deducted credits of |62o,701 as follows for dividends received on Chicago St. Paul Minneapolis
Omaha
stock, $322,800 for interest refunded by the Fremont Elkhorn
Missouri Valley R;iilrrad Company on account of Chicago
Northwestern Railway Company 4 per cent bondn issued
for its coohtructiou ai d for the constructi.jn of the Wyoming
Central Railway leased by it, .f 157,193 ; and for creG it of interest and eichana!« account, $145,708.

1884-85.

17,t{7r,800

Pii8Son;,-cr

Freight

FUNDED DEBT.

way Company.

1885-30.
3,948

Pass'Kcra caiT'd.
8,623,483
S>,140.195
8.403,88*
Pnss-jteiiuilCHse 256.38K,389 231,0;)0,788 239.150,020
R'te p.pass.p.iu.
2-40 ets.
2-38 vts.
2-3e cts.
Fr'Kht(tu.'>) inv'd
8,l.'53,i)94
8,'.23.'i, 1 27
8,4y4.239
Fr'Kht (tii») iu'gol350, 173.773 141tS,78a,'205 1400,892,717
Rate in-.ton p.m.
1-31 eta
1-19 ctu.
1-24 cts.

&

&

do not

639
0r2
G93
4.41
44»
4,-ii
20,1)0
20,1'>3
2J,,M3
435
470
516
OPERATIONS AND FISCAL RESITL-rS.

Ail uCUer cars..

CAPITAL ACCOUNTS.

The

1886," amouMing to ?8,147.000. Of this amount 12,375,000
•were used for construction of various extensions embraced in
the system of roads operated by the company, and the interest thereon is borne in the interest account of the Chicaj;o
Northwestern Railway Company; the amount of $4,232,000
of the iesue 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
constitutes a further extension of the same lines in the Territory of Wyoming.
Th. se two amounts which, together,
make up 15,772,000 of the 4 per cents, are secured by 14,232,000 of the first mortgage confolidated bonds of the Fremont
Elkhorn
Missouri Valley R-ailroad Company, and by |l,540,000 of the first mortgage bonds of the Wyoming Central Rail-

statistics

ROAD AXD EQl-rPMENT.

FrelKlit eai-s

During the ytar there were issued the Chicago & Northwestern Railway Company 4 per cent "extearioa bonds of

These

statistics follow.

include the F/e. Elk.
Mo. Val. RR, nor the Sioux City,
Pac. ER., acquired in July, 1884, but operated inlependently.
The results of their operation are given further balow

SUK^k. preferred
StockH of proprlet'ry roads,&o

Bunded

di-lit

UivicI'dH ilet'lared,

not yot duo

m,,i,i,,.. f....,lspaid
'

~.

I

c'ouiHms,Au
loadslu Iowa
I

li.\..,..„ '.

Bonds

pav-rolls, du)....

unsold,

&o

127.053.870
3o,53'.l.234

300.242
12,282,159
1, '22 1.000
1.890.811
1.808,507
3,807,191
1.934,004

s

s
127, 10 1 .024
30,023,8-2 1

?

5

934.432
12,2-2,159
714.000

,,
i. , « , n\i^
^1".^81,05<>

•6.083,29S>I

12,282.1e(>
-^Sti.OOa

l.'20,2-<l

1.757.952

2,000.734
2,932.H48
4,239,176

3,0UO,1.7<*

4.211.03a

4,320^7^

$185,897,108 $183,759,5-28 $176.048,64»
$41,374,806 $41,374,863 ;«ll,374,8«8
22,325.45
22.32.5.454
J22. 3-2.5. 4.54
11674; 1 H S
11,230.000
11.-220.0OO
91.4tiO.500
1.541.J-J1
1,9.14,000

1,690,630
113,202

687,000

I

9ii,Sll,.500

97.3i4.-500

1,3,1 1,000
4,239,17:5

1,331,600
4.320,175
2,731,369

2.25 1.2116

140.762
31,044
37,000

31«k,81A

§7,00(^

1

BowSf'oSS^l. Coal Co
Accrued interest not due
MlsoeUaneouB
Land income account
Eallroad Income account

1884-85.

1885-86.

275.000
705,060

125.000
703,525
120.000
3.194,071
11.144.326

2,954,246
9.762.819

, !?5'?22
1.173,o36

m

TE.\NS-MI8S0DRI EIVEK LINES.
and their mileage, on

The

railroads composing these lines,
the Slat of May, 1807, weie as follows

:

Miles.

Miles.

SlouxCity & PadtiisEillroaa
Fremont Elkhorn ii Missouri Valley Eallroad.

Wyoming Central

Eallway, (leased

&Mo. VaUey ER.

107-42
723'23

by the F. £.

ER.—

Southern Pacific

907-44

Total

The earnings and income accounts of these roads were as

Net
So. Dlv. (Cal.)

Arizona Div

New Mex. Div

&

18i!4-5.

1885-6.

311

503

1886-7.

1,234,696
82,772

Total
Operating expenses and taxes

$345,075
470,601

$1,737,076
853,058

$2,66v!,734

$374,474

$884,018

$1,309,928

$=37,531
1,8«1,304
163,h99

$419,638

1,352,806

INCOME ACCOCNT.
,
„
Het

eamlugs
Dtduct—
Interest on bonds
Interest on floating debt

18S4-5.

1885-6.

$374,474

$884,018

$242,028

JEental,3p.o., pay'bletoS.C.

$396,240
Cr 6,213
12,532

1,178
9,329

&P.RR,

$252,535
$121,939

$402,559
$481,456

SIOUX CITY & PACIFIC.

3ii2,0(j5

71,355
45,880

310,510
141,282

56B,.3«3

Ohlo- Arthur Kill ilridge.— The

Central Paciflc.

662,834
323,647
296,487
158,379
decision

—The

following

a comparative state-

is

of the earnings, expenses and fixed charges of this comfor May, and from January 1 to May 31.
The
mileage is 1,400, against 1,307 labt year
May.
Jan. 1 to May 31.
Gross earnings
Oper. expenses

1836.

1887.

$991.140$1,021,785
515,708
447,123

$475,432
5,014

rentals

Total net income..
Fixed charges*

—

.

,

1887.

$1,715,503
2,694,493

1-86.

$1,338,098
2,128,201

$574,662 $2,021,010 $2,239,897
5.219

$480,476
460,917

1886-7.

$1,309,928

$644,233

$19,559

profits

Construction

>&

imp

def.

19,268

$278,357
74,631

Balance
$291
def. $353,041
Fixed oh.»rge8 include rentals. Interest, taxes and U.S. G

)v.

Sink. Fd.

&

Central Railroad

Banliing Co. of Weorgia.— Following
is the report of tha earnings and expenses for June and for
ten months.
June.
^10 mot. end. June 30.^
.

,

1987.

Gross earnings
Operating expenses

Cr. 2.010

1886.

$394,764

1887.

$34«,754 $5,149,239
316,952
3,433,591

303,6i«5

Net earnings

12,828

*91,039

$29,801

$2,015,648

1886.
$5,310,281
3,450,450

$1,859,831

Fitchburg.— The Boston Herald gives the following The
$655,051 debt and capitalization of the Fitchburg Railroad, assuming
$654 877 all the stock and bonds on account or recent purchases, &e., to
be issued,

may

EARNINGS AND EXPENSES.
1884-5.

107

.i..,..

Earn ings from —

705.318

60,4 5

432,791
190,995
1,366.641
472,871

:

Total disbursements
JBalance for year

MUesoperated

227,967
123.522

176.648
4.388,098
2,239,897

ment
pany

*

KeteamlngB

631,672
257,126
1,647,497

—

$
545,639

&

Net
$223,472
643,1U4
78,499

„

125,741
61,151
42!J,875

.

1886.

723

Passengers
Freight
Hail, express and miscellaneous

^ssengers

$211,486

107

107
$222,386
291,069

$583,534
417,659

$508,777
224,300

$559,863
280,838

$165,875
INCOME ACCOONT.

$284,477

$279,025

Total earnings
Operating expenses and taxes

„
Net earnings.

—

Deduct

1885-6.

1886-7.

$284,477

$279,025

S97,680
97,699
11,009
11,830
2139.^

$97,680
97.699
37,350
11,830

$97,680
97,699
22,697
ll.sao

Cr. 52,659

Cr.'iissS

._,

and loss. ...... .V.V.'.V.'.'.'.V.".'.".VCr.37|933

Total dlsbnrscments

1,762,200

5,00u,000

Bonds.
$5,140,600
5,000,000

Dock and

$7,04 8,800
1,512,500

$5,000,000

$10,140,600

$5,000,000

$11,640,600
3,000,000

elevator

$8,561,300

Permanent improvement and
floating debt

$201,634
$191,906
$227,023
Def $35,759 Sur. $92,57 1 8ur $52,002

300,000

1,500.000

$8,861,300

Boston RR.

ife

B. H. T.

Interest on first mortgage
interett on Governujcut lien
interest on floating debt
Dividends on preferred stock

Deficit or surpl us for year

$o,28fi,b00

Troy

1884-5.

be concisely stated as follows:
Com. Stock.
Pfd. stork.

September 30, 1887
Consolidation with runnel

4t^,408

$165,875

,

.,

1386-7.

$199,307
260.485
48,985

324,4-iO

Hail, express, dec

Net earnings

1885-6.

47,6i8

J^^lght

1,33;<,300

& W. RR..

$10,184,600
3,600,000

2.000.000

$13,794,600

$7,000,000

$14,640,600
$14,640,600

DEBTS ASSUMED.

Dock

&

Elevator

B. H. T.

& W.

Company (mortgage)

$500,000

RR. bonds

1,400,000

$1,900,000

GOAaANTEED CHARGES.

.

Railroad Net Earnings.— The following table shows the

latest reports of net earnings not heretofore published

-June.1887.

„
,„
^
Name
of
Road.

$

& 8.

»

Fe...Gr.-ss. 1.541,876 1,252.754
Net... 70i',093
613,606
Bait. APotomao... Gross. 1-22,797
109,4-1
Net...
44,293
42,-; 3
Cam. & Atl.&Br... .Gross.
QUViS
53,341
Net...
20,265
7,938
Central of Georgia. .Gross. 394,765 346,754
Net...
_.
91,070
29,802
ObesapeakeA Ohio... Gross. 144,446 122 6u7

1887.

188B.

9,091,635
4,200,015
701,390

6,911,363
2,942,767
633,470
233.985

2.16.047

243,268
214 529
6,260 def. 4.260
2,737,934 2,613.513
744.355
573,6»1
825,797
730,268
^^'
55,235
38,255
294,6o9
TJH
T
^ B.S
o «
226,045
£lU.Lex.d:
...Gross.
93,744
67 412
483,741
393,476
Net...
34,269
21.594
,.1^
„ .
144,932
125,B.'i9
ClM«.0.&8.W
Gross. 144:446 122:607
8-25,797
730,268
55,235
38,255
2S4,659
^"••^
226 94S
226,945
rihi. Bnrl.
n..,i ^r>
Ohio.
AQ
Gro8S.2,140,833 2.148..532 13,276 107 11,5233*9
Net... 861,547
939,076 5,994,980 4,844,133
I>env. A Klo. G. WestGrose.
89,428
477,203
467,539
Net...
29:723
35,120
104,^38
141,416
Or. Raplda & Ind
Gross. 241,189 195,124 1,3 21' ,774 1.081.210
Net...
71,954
49,641
^ .
418,344
311,742
Kentacky
Central .... Gross.
88,625
72,419
462,440
389,723
Net...
37,931
14,620
169.413
115,029
Hem. <& Charleston.. Gross. .,_
111,964
84,853
757,141
595,006
Net... def. 7.589
„
14.190
^
98,830
135,7.59
Shenandoah
Valley.. (iruss.
74.885
60,693
395,523
301,614
Net...
15,904
ii.'^iA
11,273
."14
it^CTQ
»T-,— « .«
4H5
54,465
Union
Paclflc
Gros,.2,506,828 2,224:458 13,021,892 11 I5,S73
33? 0^7
Net.. .1,109,068
602,751 4,682 972 3 5?Vh^4
nr ^ V „ -.
Wabash
(E. of Ml88.;.Grosg.
558,850 536 327 3 050 731 solo "98
Net... 155,048
136:817
945:705
5^6:355
•

$3,193,000
$1,000,000
to say, the direct obligations of the company are
113,794,600 preferred stock, $7,000,000 common stock and
114,640.600 bonds. Then the company hasasumed $1,900,000 of
is

&

Elevator and Hoosac Tunnel & Western bonds and
Vermont & Massachusetts bonds; also $3,193,000
Vermont & Massachusetts stock on which 6 per cent interest
For the purpose of fixed charges the obligais guaranteed.
tions are therefore $17,540,600 bunds, $3,193,000 guaranteed
stock, coming ahead of the preferred stock, $13,794,600 preferred 6tock and $7,000,000 common stock.

Dock

11,000,000

Jan.lioJuneZO.^

1886.

A Mass

Vermont

That

GENERAL INVESTMENT NEWb

Atch. Top.

t'8,866

553,307
320.630
127,193
59,680
58,605
31,314

May 31

of Justice Bradley, of the United States Supreme Court, confirms the authority of Congress to pass the act to enable the
Baltimore
Ohio Railway Company to bridge the Arthur Kill.
The decision was broad, holding that the United States Government has complete authority to exercise the right of eminent domain in regulating luter-State Commerce. It is said
that the worlt on the bridge will be pushed rapidly forward.

Add

EASNING9 AMD EXPENSES.

Kenial

..

Gross.
Net...
Gross.
Net...
Gross.
Net...

Net earnings

:

FREMONT ELKHORN & MISSOURI VALLEY.
HUes operated
Earnings from—

161,136

Gross.

)

Baltimore

130.708 115,380
.57,742
46,562
991,140 1,021,785 4.715.50 i
475.432 641.662 2,021,010

Gross.
Net...
Gross.
Net...

Central Paciflc

No, Div. (Cal

$
600,511
202,216

:

7679

Co.)

800-02

given below

of Road.
West Jersey & Br

Tr2.a94..->3i)

iQCludes F. E. & M. V. consols and WyominR Central EE. Ists ownPd
and pledge 1 as coll. for eiten. 48 of 1896. $5,772,C00: also, general conr
»ol. KOld bonds, !g37.000: consolidated sinking fund bonds, $1)0,000;
bonds of sundry proprietary roads, $156,295; Iron Kiver Furnace
Jwujs. $2,000.
EE.
t Includes Clilc. St. P. M. & O. stock, $10,315,659; F. E. & M. V.
Stock. $1,966,500. Also owns C. & N. W. common stock, $10,007,416,
•nd preferred, $2,284. but these items are Included in the amounts given
eta other side of the account.
preferred stock In com
J Includlug $10,007,416 common and $2,284
pany's treasury.
Includlug live bonds
sinking funds, which amounted May 31, 1887,
to (1.116,500.
V See remarks on preceding page regarding these items.

-Jan. 1 to
1887.

-May.1887.
1886.

Name

J^O.OOO

„„7U,104

*

II

[Vou XLV.

1886-87.

$185,897,108 $188,759,529 $176,048,646

Total

Prollt

.,

THE (JHRONICLE.

178

^

—

.

New York & New England.—The
for nine months,

from Oct.

Earnings

Expenses
Net

Norfolk

1 to

June

farnings and expenses
have been as follows:

80,

1886-7.

1885-6.

$3,0(9,566
2,024,656

$2,748,176
1,821,827

$84,910

$923,349

Inorea.«c.
i|i261,390

199,829
$61,561

& Western.—The

earnings, expenses and charges
for the first SIX months of 1887, comptu-ed with the same period
in 1886, were as below,
1887.

Gross earnings
Operating expenses and taxes

Net earnings
Otberincome
Total income
I

educl—

Interest on debt
Interest on car trusts

Surplus.

$1,879,783
1,150, lOS

1886.
$1,449,388
883.293

729,678
46,753

,5*6.098

775,431

575,925

565,501
37,126

537,809

602.627
172,804

{560,011

9.830

22,-202

15,91*

AtoUBT

e,

THE CHRONlCLii

1887.J

JKcjjovts

and ^ocnments.

MINNEAPOLIS MAl'LT 8TE. MARIE k ATLANTIC
RAILWAY COMPANY.

CENTRAL PACIFIC RAILROAD
NKW YORK HTOCK

APPLICATlltN TO TIIK

TUK MUKTUAUIC BONDS OF

New
Tho Control

CO.
EXC'FIANOK TO LI8T
1036.

York, June

24, 1887.

Railroad Company haa, during the past
tlftpon yi-arH, made larRp additions to itH railroa<l, etiuipnient,
shoi>s, ruachinory, materials and terminal facilities; it has
ac(|uired valuable lands and water-front privileges, and has,
l)v the construction of new road. Income entitled to an additiotuil amount of lands granted by Congress.
The followiTig statement shows the increased mileage and
c<xst of the raihoads and api)urtenant property, and also the
changes in the Capitiil Stock and Funded Debt, less Sinking
l^mds, at tho close of the years 1873 and 1886, respectively
i)<c. 31, 187'^.
Dtc.3i, ime.
:

Mileage

Grmitud Lands earued by 0>.
(

'(infll

mot iiiu

of Rallriiads

I-)«|ulpillHIlt
<.

sill.
i;

~

1.360
ll.SOO.Ono

$130,43.5.079

$153,5S7,(>30

9.6j'^,603

8.!iiO,9.in

1,280.223

2,.Si>».U'<l

968,976
830,373

1,,')27,127

$189,187,914

$166,659,842

54.289,190

f68,000,000

,_

and Toola

Mtu'Iilnery

,

(OKiilunive of land-grant)..
Hilars luul Water Craft...
1

1

1,222
10,000.000

(Est. Acres)

i:.stiitn

APPLICATION TO THE .NKW YO

6^1, 1H6

IlK

STOf K

F-XmANOE.

MiNNKAPOLiH, Minn., June 1, 1887.
Apnlication is hereby made for placing on the lint
of the
New York Stork Exchange two thousand wven hnndrwl
and
Uurtv First Mortgage Five Per {'ent Forty (40) Ymr
fiold
Bonds of tho MinneaiM)li8 .Sault Ste. Miirie<Sc "Atlantic Railwar
Company, of the nar value of one thounand dollars («1 OOm
each, numlx-red from 1 to 2,780, both Incluxive,
nnd '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 romiinny
The corporate name of the compnnv is the Minneapolta
.Sault Ste. Mario & Atlantic Railway Company,
nnd it wa«
organized in September, 1HH8, under the General Inrorporation Laws of the State of Wisconsin, to construct or
acquire
and to maintain and operate a railway from a point on
the
western boundary of said State near Osceola, easterly throueh
the counties of Polk, Barron, Washburn, Sawyer, Chippewa
Price. Lincoln, Uinglade. 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 citv of Minneapolis, Minnesota, to the Sault Ste. Marie or
St. Mary's River in
the State of Michigan, a distance of alwut 47.5 miles.
»
A corporation has been formed in Minnesota, and also one
in Michigan, by the proieetors of this company, to
construct
the portions of the said through line in the said States
of
Mmnesota and Michigan, and the proper contract arrangements have been made for the acquirement by this company
by purchase, lease or consolidation of the railways to be constrocted by the said Minnesota and Michigan companies
This company completed in the year 1884 that portion'of
its
hne extending from Turtle Lake, Barron County, Wisconsin
(a point of junction with the C hicago St. Paul
Minneapolis &
Omaia Railway) easterly to Bruce, in Chippewa County Wisconsm, a distance of 46 miles. In 1885 it extended its railway
from said Bruce, in Chippewa County. Wisconsin, to Ingram,
Chippewa County, Wisconsin, a distance of 68 miles from
Turtle Lake. In 1886 it extended said railway frcm
said Ingram to Rhinelander, Lincoln County, Wifconsin (a point of
junction with the Milwaukee Lake Shore & Western
Railway)
a total distance frcm Turtle Lake of 141 1-10 miles, and is now
engaged in constructing that part of its line between Minneapolis and Turtle Lake, a distance of 73 miles, and
expects to
complete the same by the 1.5th day of August, 1887: and
is
also constructing that part of its line between
Rhinelander
and bault Ste. Mane, and expects to complete the same, fo as
to have a through line from Minneapolis to Sault Ste.
Marie,
and to a connection with the Canadian Pacific Railroad by
^
the Ist day of January, 1888.
i»m
The company's railway is the standard gauge ofTfeet 8U
inc hes 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 60 lbs. per lineal yard.
The company owns terminal grounds in the citv of St Pan!
'
,

Piicifio

179

,.

,.

.

,

,

'

Caiiital Stock
I-'undcd Dtibc

t54,081,0viO

«'Xolu»tve of amount now
represented by present Issue of Bonds

Kiinili'd Deijt

of 193i)

59,324.000

$108,373,190
lyess Co.'s

Sinking Funds and Land Cash

audNotes
Capital and Net

Funded Debt

$123,324,000

1,227,283

13,254,226

$107,145,907

$110,069,774

To meet 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
:f 16,000,000 Pifty-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 Companv in the City of San Francisco, comprising an undivided
half of sixty acres of land and water-front, known as the
"Mission Bay Grant ;" also upon aU the property of the Company situated on the easterly shore of the Bay of San Francisco, in the City of Oakland, comprising three tracts of land
and water-front (an area of about .500 acres), with the extensive and costly wharves, stations, shops and buUdings thereon,
and some 12}^ miles of tracks.
By exchanges made prior to, or by redemption at, maturity,
in 1890, to the $687,000 Eight Per Cent Bonds of the San
Francisco Oakland & Alameda Railroad Co. the new bonds
will become a first 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 new
bonds will beiton.e the first lien on the unsold lands, now esti,

mated at 11,500,000 acres.
The amount of Land Bonds outstandfng December 31, 1886,
was |4,.')20,000 and there were on hand cash and land notes,
appUcablo from time to time to further cancellations, $3,;

724,209, leaving about 11,800,000 to be provided for

by

sales

or otherwise.

These bonds are also a second lien, subject to the lien of
mortgage bonds now outstanding, or extensions of the
same, upon the
first

Western Pacific Extension (Nlles to East Oakland)
Califoiuia

.t

Oref,'o

24-31

Division (R"8e\il:e to Oiegon Boundary).. 296-.50

Ban Joaquin Branch (Laturop

to

Gushen)

146 08

46689

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 habiUty of the Company, except to the small extent made necessary by new construction and betterments. The net earnings heretofore have
more than sufficed to meet the annual interest and all fixed
charges, including the requirements of the Thurman 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.

1936; bear six per cent interest in gold coin, payable April 1
at the Company's Agency in New York City.
1
Application is made to place on the regular Ust 13,000 Bonds,
mimbei-s 1 to 13,000, lo be caUed Central Pacitlc Railroad Co.'s
Mortgage Bonds of 1936.
I. E. GATES, Act. Vice-President.
1,

,

This Committee recommends tliat the above-described |13,000,000 Bonds, Nos. 1 to 13,000, be admitted to the regular list,
to be called " Central Pacific Mortgage Bonds of 1936."

Adopted by

the

Qoverning Committee,

GEORGE W. ELY,

Sec,

of the value of |1 50,000.
,
The company owns 180 acres of land in Minneapolis
aoterminal purposes, of the present cash value
of
I'Von^^/"""
foUU,UOO.

The company also has in its treasury, in cash, accumulated
net earnings, after paying interest on bonded debt,
a surplus
to the amount of 35,041 67.
- ^
The company has on hand fully paid for. the following
rolling stock: 13 locomotives, 150 box cars, 150 flat
(jars, 5 passenger coaches, 3 combined passenger and baggage
mail cars > 3
<ro--D
cabooses.
!J

,

The company has also purchased, for early delivery
the
following rolling stock 1 business car, 24
locomotives 1 000
box cars, 600 flat cars, 20 cabooses.
The gross earnings of the company from January 1st 1888
to April 30th, 1887, were $138,433 38; the
expels
of the same period were $83,978 81
the surplus ewnings 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 franchifes,
including said
through Une, the Minneapolis & St. Croix Railway Company,
and the Menominee* Sault Ste. Marie Railway Comply
jommg in the execution of said mortgage (the two other companies before referred to) to secure an issue of its
corporate
bonds running (40) years from January 1, 1886, and
due on
the Ist day of January, A. D. 1936, bearing interest
at the rate
of hve per cent per annum, payable scmi-annuallv
in gold,
New \ork City, to an amount not exceeding twenty thousand dollars ($20,000) per mile of railway fully completed
equipped and owned by the company. These bonds are in denominations of one thousand dlillars ($1,000), and have the
privilege of registration. Of these bonds $3,730,000, and
no
:

operS

;

A total of railroad line

and October

m

S. T.

Avgmt

3, 1887.

RUSSELL, Chairman.

m

more, have been issued.
1 he authorized capital stock of the compnnv is $13 000 000
divided into 130,000 shares of the par value of $100 each
of
which 80,000 shares are common stock and 40,000 f hares preferred. The preferred stock is entitled to a dividend of
seven
per cent per annum (non-cumulative) before any dividends
an
payable on the common stock.
84,260 shares of the common stock have been issued, and no
more, and the same have l)een fally paid for.
34,360 shares of the preferred stock have been issued, and no
more, and the same have been fully aid lor.
:

,

.

THE CHRONICLE.

180

amount of $161,330 9^
Interest dividend certificates to the
issued to equalize subscription to ¥1'! Pa^^"^*^ °^
which are payable
subscriptions to the said P'-efened stock
payment of any
only out of the net earnings, and before the
dividends on any stock.

[Vol.

XLV.

have been

COMMERCIAL EPITOME.

liabilities, nor
The company has no floatmg debt: stock
funded debt, except as above.
,r
i,
k„o„ o,.
apThe Central Trust Company of New York has been has
and
company,
this
of
stock
the
of
Registrar
pointed
the reAccepted such appointment. A duly certifaed copy of

Fkiday Niqht, Aug. 5, 1887,
There has been some abatement of the intense heat from
which the whole country suffered throughout July, and business for the autumn season has consequently received an impulse. Excessive rains in some sections and drought in others
have undoubtedly done some damage to thecrop-i, bat it is beNearly all
lieved that no serious injury has been infl.icted.
speculative circles were early in the week in a state of feverish excitement, in sympathy with the depression at the Stock
Exchange, but a general recovery of tone seema to have

i

the irust
solution of appointment, with the acceptance of
endorsed thereon, is herewith submitted.
Transfer
Messrs. Morton. Bliss & Co. have been appointed
appointment.
'Acents of this company, and have accepted the
Common
1 also inclose sample copies of the Preferred and
AiiStock Certificates, and of said Mortgage, and President s

-Company

niisJ Report of 1885, and maps.
The General Offices of the

of the officers are: W.
-John Martin, Vice-President; M. P.
PcSttit, Treasurer.

The names

Yours

truly,

W.

are at Mmneapolis,

company

MJAnesota.

D.

already begun.
The following is a statement of the stocks of leading articles
of domestic and foreign merchandise at dates given :

„
_
„,
D. Washburn, President;
•

,

Hawkins, Secretary;

WASHBURN,

.

i

j.

H,

C.

,

1887.
Jrdy 1.

,

President.

the above-described
mortgage five per cent forty-year gold bonds,

This Committee recommends that
«3,730,000

first

Pork
Lard

common and $2,436,1 to 3,730 inclusive, also |3,426,000
capital stock, be admitted to the regular list.
OOO preferred
'
S. T. RUSSELL, Chairman.
W. ELY, Secretary.
Nos.

CEOEGE

Atchison Topeka

Santa Fe.-Circular No. 60 of

&

<3ompany contains the following:

Hides
Cotton

...

June.

Operatingexpenaes

below

1887.

1886.
$84,8.'i3

70,Bf3

CtroFS

eamlnra

Alban;/.-

1886.

$2.18?.t>67

$2,0'J0.516

Operailii;.; (xiieutes

1,572,885

1,523,S39

:

Wet earnings....

$^14,782

$1''7,2,-J7

ISS.O.'g

187,786

$1^6,723

»309,471

.

Charges
'

Balance

^Renn. £ Saraloga.---1887.

$19f,310
265,081
dcf.

188fi.
$.734.1 l.-i

334,621
$li>9,494

2j5,584

$66,771 def. $56,030

-^.r.^ Canada.--. ^AlYS^s.andL^^s.-.
Orois oamlngs
OperatLug expenses.
Net earnings
Charges
"*'"'«»

:n-.4n7
:9-,497

sbit-joot
$177,827
125,375

iii-?.f,rv.,.,
$730,472
49J,265

$5fl,103

$.')2,452

67,435

66,923

$2S7,207
256, 51

138,^^34

del.

$^,272

1

bales

...isS"-..

$667,211
428,984
$238,^27
250,494

(l«f.$l 1,471 doI.$18,847
de/.$12,2ti7

Saxurd'y.
6-90
6-99
.

.

.
.

•January

1886-7.
18S.'i 6
$1,6 6,772 $l,32.S,f.25
1,195,491
9j7,a0

$569,991
371,681

bales.
bales.

October
Nov.
Dec.

:

<t

Manila hemp

Sept.

Uetearnlngs
def .$'.589
$14,190
$410,281
$386,375
Jtailroads In New Vork State,—Tlifj returns of the following roads for the quarter ending June 30 have been filed
at Albany aa follows
BosU.n
1887.

bbls.

aisalhemp

Aug. dellv'y

earnings for

Ik en ss

bhds.
hhds.

,

1.

13,906
32,268
42,211
41,246
339.614
101,278
37.600
41,500
None.
900,488

300

22

675

2,325
1,500

1,879
1,000

1,357

403,800
165,3Sn
19,608
1,787
991
3,680
4,140
None.
15,700
14,200

359,400
1(6,048

315,C00
163,477
16,006
2,552
575
8,320
0,170
7,500
15,900
50,400
6,306

l.'i.8<2

3,600

796
4,040
4,920
None.
16,500
9,S00
14,H29
2,258

3S009
None.

700

4,023

The speculation in lard for future delivery took an impulse
on Tuesday from the sharp advance in corn, but only the more
distant months maintained the advance. To-day there was a
sharp decline, under r- ports of rain on the Western corn fields.
Lard on the spot has been dull, wiihuut decided change ia
values, and to-day showed some depression, closing at 6'60o.
for prime city, 6 87i^@ 6 921^0. for prime to choice Western,
7c. lor refined to the"Continent and 7 '400. for refined to South
America,
DAILY CIXJSINO PRICES OP LABD FUTORES.

,

$111,961
119,553

.

Ofres earnings

net

year from Junel, have

1U0,700
71,750
mats.
hhds.
47,177
None.
boxes.
2,493,500

bags.
pkgs.
bags.
bags.

Saltpetre
Jute butts

wearningR.
The directorp, therefore, propcne to offer for subscription tbe $7,O^.OOO of new stock, if anthoi Ized by the stockholders as above recommended, together wilh about $3,000,000 already authorized, miking
$10,000,000 in all, and also to ciange the rate of dividends from six per
cent to 86ve:i per cent, beginning with the dividend payable in Wo
vember next.
Xhat all til" stockholders may participate alike in the advantages of
tBe !8sue, it is proposed that the new stock shall be offered at par to all
«tockholder8, prnporiionately to thdr several holdings. Each holder
will have tbe right to subscribe for three new shares for each twenty
•Hares (being flfteen per cem) of the present stock stnnding in his or
to*r name on August 6. 1887, and in that proportion for a greater or
afnal'er holding. Payments tor and deliveries of the new stock will be
made as lullows: September 15, lb»7, 25 per cent; October 10, lSi7,
2ji per cent; November 21, 1887, 25 per cent; Deoamber 1.5, 1887, 25
per cent.

.

47,207
4J6,'.il2

1886.

Aug.

1.

18,476
24,621
45,161
45,619
483.890
106,180
77,250
37,491
None.
2,34^,759

39,9.31

bags.
bags.

No.

Rlce.E. I
Kice, domestic

;

tlie fiscal

hbds.
bales.

bales.
bbls.
bbls.
bbls.

......

Spirits turpentine

.

Kemphis & Charleston.—The profsand

.

Blelado
Molasses, foreign
Molasses, domestic

Boston, July 30. 1887.
TOlhe Slocl-hoUtert of the Atchison Topeka <£ Santa Fe tail ond Co.:
Tbe diri'ctors of the Atchisdn Topeka & Santa Fe K .ilroad Company,
tlie
after full consideration, unaniinoiiely recommend an Inereaso of
capital sfopk of tUis Company from .$68,Oi 0,000 to $7.'i,,000.00i', and
have cal cd a special meetiug of the stoekliolders of tlie Company for
tbh fifth day of September, 1887, at Topeka, Kansas, to vote upoii this
recommendation.
At the meelins of May 5. 1887. the stoi-tholders approved various
••xtensicns of the Company's system, and also accepted the Act of
1887. which authoilaes the issue of capital stock to mcetihecoHt of
such extetsioDS Itls dei med wise to make a lartlal useof this authorJty, and also to provide for the increase of rolling stock and facilities,
made nccessai-y t.y the pif sent and piospective traffic.
When the lepoit for the aniiuil meelias was prepared, neither
cllfflctors nor sKickholders onttcipatcd the immense increase of business
which th'^ company lias since had, ai d which has originated not only
on Its new lines, but upon all i>a t> of lis system. Fur the si^ months
endiUK Julv 1, 1887, the net earnlnss exceeded by more than $1,200,000
the net earnings for ths flrst sit months of the year 1886. The earnings are still im reaeing. and what has always been true in the past may
be'expectfd this year also— namely, that the revenue of the second six
imonths of the vear will be considerably in excess of that of the first six
moQlhs. The 'result of this greatly-increased traflic is that the company's rolling stock and etinipuient have been overtaxed: that, large as
uas been the increase of earnings, they would hare been still greater
If the transportation facilities had been larger and that to b andle not
only the traffic witlln reach, but that sure to flow from the recent
accessions to the sytem, very large additions to its rolling stock
equipment and facilities should he made without delay.
The directors believe that the cost of these increased business facilities si ould be so met as to erahlR the stockholders to benetit by the iu-CECased earning capacity of their road. The earnlDgs are now more
than suffli lent to pay dlvliiei ds at the rate of seven per centum upon
Uie tapital stock of the company, increased as above reconim-nded.
TTlle lecent acc.»tslon« made to the systi-m, and the additional equipment and faciliiles which the proceeds of the new stock will proNi.le,
will, In the judgment of (the board, alill fuither Increase the net

June, Kod for

tcs.
.

Sugar
Sugar

this

23,046
25,115

bblB.

Tobacco, domestic
Tobacco, foreign
Coftee, Rio
Coffee, other
Coffee, Java, &c

1887.

Aug.

.

706
6-86
C-84
6-87

llond'y.

luesd'y.

690

ggj
704
710

6-93
7-04
6-85
6-84
6-88

^edns'y. Thurad'y.

691

690

7-0

7-02
7-10
7-00

(

7-10
6-98
e'wa

6-92
6-91
6-98

6-i)7
7- 05

703

FViday
6 82
6-91

6 99
6-89
e-r,7

6-94

Pork is rather more firmly held, with a fair trade, but cutmeats are dull and nominally lower. Beef and beef hams are
nearly nominal. Tallow is lower at Z%c. Butter is firmer at
18@26c. for creamery, and cheese is in moderate demand at
for State factory, full cream. The speculation in
Rio coffee was somewhat depressed until yesterday, when the
Lulls took advantage of the brisk dealings of the regular trade
to promote a material advance, but the market to-day is lower
and unsettled, closing with sellers at 17 40® 17 75o. for summer

8@ lOMc.

and autumn months and 17'75@17-95c. for the more distant
options. Coffee on the spot has not been active, and closes
dull at 19c. for fair cargoes Rio, the improved demand of yesterday not having been maintainsd, and the mild grades are
Raw sugars have been dull, but close more active
inactive.
at 4 9 16c. for fair refining Cuba, and 5 5-16c;. for centrifugal
96 deg. test, with sales to-day of 3,450 hhds., chiefly English
Molasees dull at ISJ^c. f or 50 deg.
Islands, at 4J4(a4 17-320.
test.

Kentucky tobacco is again dearer at i.%'^ 16c. with selections
at 17@20c., but less active; sales for the week are only 400 hhds.
of which 200 for export. Seed leaf more firmly held, and ia
Sales for the week 1,070 cases, as follows: 250
fair demand.
cases 1886 crop. New Eagland, private terms; 100 cases 1835
230 ca=es 1881-85
crop. New England Havana peed, 12® 18c
240 cases 1884-85 crops,
crops, Pennsylvania staed, 12(ffil6c.
Dutch, 6i£@I3c.; 150 cases 1885 crop, Wisconsin Hnvana,
6@12c and 100 cases sundries, 7@28c.; also 400 bales Havana,
60c.@>l 05. and 250 bales Sumatra, f 1 35@|1 55.
Spirits of turpentine is in better demand and firmer at SJi^o.
RoBir.s steady but quiet, at $1 02J^@|1 10 for common to
Tar dull at |2. Crude petroleum certificates
good strained.
aave shown a good degree of activity and strength, but were
to-day quite dull, closing at 5738@57i^o. The Metal Exchange
has been unusually dull, with prices drooping and unsettled.
The stocks of pig iron at the interior furnaces are estimated
at 130,000 ton=.
Ocean freights have been generally dull. Steamers were
chartered to Plymouth at 3s. and to Cork for orders at Ss, 6d,,
,

;

;

,

and the nominal rate to Liverpool

is

SJ^d,

.

.

Acousr

THE CHRONICLE.

6, 1887.]

COTTON.
Friday. P. M.. Auf. (5. 1887.
Thr Moyembnt of the Crop, an indicated by our toIeKramt
from tho South to-ni|;ht, is )^veu below. For the weeit ondinif
thl« ovoning (Aug. 5), the total reoeiptc have reached 1,409
bali'i, a.urainrit 2,581 baloa last week, 8,295 balex the previuua
wooi'r and 4,000 baloa throe weeks since
making the tota
rotviptsHinoH the lat of September, 1888, 5,30 i,178 bales, ag;ain"t
6,oOi,a9(5 bales for the sacne perio<l of 1885-86, showiug a decrease siuoe September 1. 1886, of 100,118 balee.
;

ReeeipUal—

Mon.

aaL

|

QalVKHton

49

Indlanola, Ao.
Now Orleans...

TUM.

134

Wid.

106

31

JH.

Thurt.

124

Total

108

S52

36

Idl

20»

45

23

405

1

3

2
60

Flortila

60

Baraanah

6

Bransw'k, &o.
Charleston
Pf. Royal, Ao.

1

Wilmington

5

81

STartolk

7

US

W.wtPolnt,Ao

148

New York
Boston
.Baltimore

130

FIUIa<leli>'a, Ac.

Totals this week!

203

8

2

266!

202

130
19

333

1621

263

1,199

For comparison, we give the following table showing the week's
total receipts, the total since Sept. 1, 1386, and tho stock to-night,

and the same items

for the corresponding periods of last year.
1885-86.

1886-87.

Aug.

5.

.Salveeton..
Ind'nola,&o
New Orleans.
Mobile....
Florida...

Thi$ Since Sep.
Week. 1, 1386,

231

697,018

.:..'..

731

495|1,728,001
3 213.413
23,880
50

1,301 1,727,813

Br'aw'k, Ac
Charleston

5

Pt.Royal.Ao

Wilmington
M'head C.,Ao

81

227

247,080
50,166
797,916
16,252
501,571
14,476
101,176
7,821
562,936
284,506
56,663
121.191
65,335
53.563

2

816

794,700
31,731
368,203
19,212
134,814

82
17

3,333

Norfolk

7

143

New York...
Boston
...

130

P2iUadel'a,Ao

19

Total

Week

1837.

1886.

1,813

3,066

33,276

227

11,151
3.753

798

2,870

518

2,555

458

233

1,482

3,M0

99.976
3,0J0

143,786
6,920
11,839
9,693

'

9

BaUlmoru

Btoelc.

Since Sep.
1, 1885.

This

1

Bavaunah.

V»'.Polnt,4o,

532,145
324,219
96,802
105,358
63,961
58,374

1,499 3.206.178

705
351
578
3.162

632

7,624.5,306,290'

472
16,519
158..037'

199.425

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

Qalrest'n.Ao.

New

Orleans.

Mobile

BavaunnU

1887.

1886.

552
495
3
9

Point, Ao,
All others ..,

5
81
7
143
193

4,745

Tot. this w'k.

1,499

7,62i

B'noeBept. 1

1883

1884.

48
235
21
25
10

227
316
82

...

W.

1885.

231
1,301

Charl'st'u.&c

Wllm'gt'a.Ao
Norlolk

we

AT—

5,

817
None.

None.

N(iu».

9«vann»h

Noun.
None.
None.
5,500

None.
Noim.
Wone.
None.
None.
None.

Qalveston..

1882

109
449
75
139

2,611
2,436
104
1,430

7

1,052

639
£04
386
257
110
738
96

17

2

4

372
125

705

170
1,493

5
3
1,472

1,063
15
1,550

1,129

2,038

2,263

9,706

4,911

31

...

SfoffPlk

Otket ports....

iVuh Bndino

Au'j. 5.

rrom

Stvt. 1,1888, to Auu.a. 18S7

MxyorUA to—

Mzportt

Oreat
Brit'n. Prance

XxforUi to—

Ociilt.

iJtat

nent.

With.

QalTOaton ...
New Orieaai
aiobUe

Oreat
BHtain. trance
255,5111

30,852

Contin«nt.

TOtAx

104.900

390.798

753,313 319,1)02
46,807

377,ti54 1,452^89

BaTisnuh....

t33,m

18,Rlg

jlharlestoa

90,453
90,823
326,226

43,988
7,980

e7,07.S

2.190

243,960
143,208
10,857
8,900
8,408
243,458
8,433
»,S<J9
8.919

8.127

6,ClT

.

200

31.S70

8,8 SO

9i.i;s
i9,e4»

None.
3,350

989

10,936'

liTiii

7,4«9
6.000

622
146

22,660
17.126

~i76.7es.

N4>ne.
3.3.^0

I

1,306
None.
None.
Nmie.
None.
None.

None.
None.
None.
None.
None.
None.
None.

None.

2."0|

Total.

wiM.

Ni)ne.

None.

14.369
11.7S0

.

Oooit-

None.
None.
None.

N'>ue.

hOO

Total 1887....

aar
019

7»»
1.>II»

!.<«»

HOO

173.94»

The speculation

In cotton for future delivery at this mar-efchas been fairly active for the week under review, and th»

course of prices has fluctuated so sharply and widely as to
the regular room traders full scope for the employment
of their peculiar tactics. There was a considerable decline-ott
Saturday, as the adverse reports from the growing crop lacked
confirmation but on Monday tho reports from Georgia and.
the CaroUnas that hoivji rains had caused floods, with oon~
tinned dry weather in part* of Texas, cauaed a buoyant tnaraflford

;

ket.
On Tuesday the failure of Liverpool to respond to oofadvance was attended by a decline, and a further yielding ot
values on Wednesday morning was followed by a quick and
full recovery on reports of a renewal <:t heavy rains in thr
sections above nimed. On Thursday the market was unsettled, without important change, but mide 8om» advanoe in

the later dealings, when the speculation was quite strong;.
To-day the market was variable and without important
change. Cotton on the spot met wi'h a moderated demand
for home consumption. There was a decline of 3-16o, on S.iturday last. To-day there was a fair business for home ooa£umption on the basis of 10c. for mid<lling uplands.
The total sales for forward delivery for the week are 555,900
hales.
For (m.-nediate delivery the total sales foot up this we«k
10,350 bales, including 0,317 for export, i,U\'i for consumptiob,
for apocuiation and
in transit.
Of the above,
bale*
were to arrive, Tho following are the official quotations for
each day of the past week.

—

—

Sat.

itlon I'aea Sal.

7»s

73*
T^e

7 '9

815,8
9>4

8'-!'ig

81-<18

914
9'8
9l3ia

914

Ordtn'r.yB)
BsrlotOrd..
Good Ord..

Btr.G'dOrd

Liw Mlid'K
S';r.L'wMld

9»s
913,«

10

10

lOH

10>4
10>a
lO's
III9

Str.G'dMId lOlj
MIdd'dr Fair lO's

ilUa

P»lr

—

NEW ORLEANS.

UPLANDS.

July 30 to
Aug. 5.

738

TEXAS.
inoU|Taee Sat. KIou Ta«*

7's
8
815,6
P38

IH

8

8

1038

103a
10»8

Il0»8

11

ill

U"*

1158

Ill's

Fri.

Wed

738
'Tg

7'a

j

7H

7>*

8li„

9^
9«

V\

915,6'

lO's

719
3

9Sh

lOifl

lio-a

1

8'5,n

!%
9%

9%

9»8

^H
8I5„

9'3,8| iiiSie

[10
Il0>4
lioia

Wed Tb.

R

8
81S,s

815,6
93«'"

9V
9^

9%

9'5l6 9»5,gl 915,g 9>i>M
10>«
lO-e
10% 10i«
10>8
10^ 1038 10%

IIOOb

105s
11
1158

11

111*

10^

105s

U

11

W»

11»»

9rU Wed Tb. Fri.
7i»
7»9
7M 7k

Til.

I

Ordlny.**

738
7'8

738
77a

«i.',n

81ai6'

9>4
nog
9l3,g

9H

ScrietOrd..
Good Ord..

3tr.U'dOrd
L:>w Mldd'g
Str.L'wMld
vllddUnif...

10

Glood Mid..

lOU

3tr, 'J'd

Mid lOia

Mldd'g Fair lO^a
ll>«

Fair...

5208,178 5306,396 4736,531 4803,030 5950,260 466,1,835

WUmtak-luu inoludesMoreh'dOlty.&o.jWestPolntlncluileaCltyPolat.iic]
The exports for the week ending this evening reach a total
of 10,100 bales, of which 17,057 were to Great Britain, 87
to Fr,ince and 2,253 to the rest of the Continent. Below are
tho exports for the week and since September 1, 1886.

XmWma.-

«•— l^^rJSn

Itov Orleans...
Hjhlle
OUarleaton ....

Mldjjllnn...

Galvrtatonlnoliides Indlanola; CUarle.iton Includes Port Koyal, Ac,

from—

On BUpboat^, nol eUar§d-/l»r
Aug.

1880
TouU 1885

....

Xeeeiplt to

We

fatal

Moreh'dC.dto.

;

In addition to above exports, our telesframn to-nlKht alao rIt*
us the followloK auxoums of .otton on shipboard, not cbwwtod.
at the ports nimed.
add similar fltjures for Now Vork,
which are prep ire 1 for our speclil me by Messrs. Carey. Yate
3C Liinbort, 81 B 'aver Street.

<llrYork
21

Mobile

181

8

:

8

3

8

8

8

S^Hi 815,6 815,6 815,6 815,6 8'5|« 8l»i»

939
fl%
90b
9»B
91316 9la,g 915,6
10>6
10
.10
IOI4
1038
I014
lOSa
lioifl
I0>a
lO's
lo'a
11
1158
1\H Xl^
1

7'ii

9'4

STAINED.

Sat.

1

9%
9%

9l»ie

lOlg
1038
1038
11
111^

9%
9\

933

915,6

916„

938

9%

lOifl

10>fl

1038
10»8
11
1158

103«
1058
11
1158

»»B

9«

9\
916,6

10 %

9>'l*
10>e

1038
lOSg

10%
10%

11

11
11»»

llSg

raon'Taeai W^ed Tb.

VtU.

7>«
7Je
7'«
71s
»lb. 7'a
»ood Ordinary
Btrlot Good Ordinary..... ....... 71316 7i3iel 7ia,6 7"16

Low MlddllUK

8^

8\

MlddUng

95g

95g

I

9\

95g

81t
958

7>s

7"i»

8^4

8\

9=8

85,

IIABEET AND BALKS.

The totil 8,a!es and future deliveries each day during th»
week are indicated in the following statement. For tue convenience ot the reader we also add a column which auowa at »
-^
glance how the market closod on same days.
•

SALES OF SrOT AMD TBAMSR.

SPOT MAR&ST
0U>8CU

Oon- 8pto-\TrtmTotal.
port. $UMp%iCl'n\ tit.

Xx-

'

1

>

'

FOTOUS.
Sale*.

ricriaa.

..

WllmlnfftoD.

NorfoU
West Palnt,Ac

New

York..

I.Vil

Boston

97

2,239

1,I6»

8.804
148'J

Baltimore
PhlladQlp'it,

Jfco

ToUl
ToUl

17,051
IPJ^vic

2,26(1
1

«(I0

19,400

BO 2.178
145.217
96,073
68,793

i2.or,y

8,7tl0

474,387

24 2S0 S.570 n"0 40H 114

495,767
277.023
109,81:
830,128
108,291

.9*'

fl\'» «

Wrm.

dec.

....
....'

Wed Kasy
Than Sicady

....
....
....

Ftl.

.

Qulot and steady

7,-m 71.500

6,217 1,000

45il

466
814
883

e7,-'00

314';130>0]
533 110.4^0 l.fiO*
to*
i,oio; 9i,eoo
610 70,'JOO

1,050

610

7«>!<.2f3

147.680
183, <U

Bd.019

U70^ I]m'34'!
'

F.fLny

Won

» 3,g

3*t..

rnee. Qrtipt....

*"" :""

TotlO..

6 217 4.013

..I

....

10,230 .535,900 8.900

TIM dally deilvertea given above are aotoaUy del',»tr»4 Uie d»»
•isvUmu to that UD wtUflti tttny are reported.
The Sales asd Pkicks of Futubks are shown by the follow*ing comprehensive table.

w

THE CHRONICLE.

mi

Iff? '-

08

fO

w

iii'

WW

CO

•

o

a;

f.

=5:

I

I

to

A

2§.g

SS.I' ^^eg- |Siw4
^<.si ^1-^

»

vsteop

(»

ccd}

KM

SJ»:

L»:

"I

«,«?«

»»i»

826.0(0

22,000

71,0C0

Total Great Britain stock.
Stock at Haiuburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Genoa
Stock at Trieste

671,000
„i'tSS

614,000
2,300
38,000
23,000
300

747,1100

697,000

,

„S' «^«
^®'5x2
A'^iSS,
10,000

®?:

o®

aM O 00

^
S

SCO

5

tote

cibto

oow„^
:§«

2

02 «®5e

CO

OJ

OtO

®®

5 tc®

!J

®®

ISM

2

ii

2

I

©»:

I

®o®

tSIO

M

0>

«®

5'

(CIS

2

»®
M"

<

I

1

»5,<9

O
*®

O M

S

Cn

coco

8»:

5

2
'<
S«:

I

IS

ISO'

2

cico

«M

a Mo

S?»:

1

I

O ®0

®®

^

^0»M^

if*-

2

cots

8!»:

I

^^^

00

s.m;

©ro

"^

o

to

05

*'Mm'^

^"^t;^

COt&o<D

tCCOOtt

^''Om
I^CoOco
coco

coco

ts

'^

§«:

I

cottc*
tc®

!^

^

o»OJ

Sm:

I

"^

^:ip:,ok^
COCoOtS

^1^

tc®

^

lUN*.

2

OS®

Eat

2

©to

I

SO";

I

®®3®
^tjtOfi.

ilhiU^li^

®®C
I^^OCO

o;C

o-aa

cots

^

ism

®®

^
2

too

OP

OS

p.

coco

tttO

^«L.

too

B®

"^

^

cJ<ci<Oift.

»ta

®

2
'^

cJ'i^

2
'^

OD^

l:

O®
1

»

-•

M

212.000

622,100
801,133

425,700
921,533

774 800
422,000
990,914 1,005,478

318,000
71,000
192,800
177,000
16,000

2^000
117,000
71,000

this

week have been

m
•

•

an

p o r-g!P.»s

d S-o p ° c

to

p|i-|sg=E£.SSS?'g.»€pB|
n^et-

5:

^i

:

;

coco<!.

^
M
CCI^
M
^ ^
rf^MtSOttCMiUCOCDO MOtCJC)®*.*!!^
p OS tots tSapD*. 00 ® QC o;- to tsps ts

MiC-qMMCOM
OW^^tOj^MM

O 00 -^
rf^OMil-COXtS
ts c^

If.

*-

rf.

OM'««a*®'rf^ MC0W®*®Mti-lQDO00'tJ'

VjODMlCWU-'l^

OCO

®3DO'Co^cotiC;'tsasCfl*.-nc^Mr-<icc

ts

tSCO<lCl<K;CJOSQDC;'C''tSC©<l®W>l<iy>

ro

>
•<1
I

e

I

I

I

li

I

1:

^

a
I

I

I:

I:

<

l«:

MtS

ec.

M-J.

COMOitS

osotSK,

'

MtO*-,-tS,

I

ii

Id:

I:

1:

I

I

•

u>\

,

Ol

CCICMMMMOS

OSM'
IS

CflO-OSOS-i-O-l

CS»OS*

I

Id:

ICO
M

M
O
mm:
00

MOjCMtse.

I

i^^

il^CC'

ts-

c^c:

1

l«:
I

I

I:

16?,000
23,000
96,700
135,000
3,000

:

COO
^o;
c;ic-

tC.|f-CO®^>

I

921,533

oS«: " E: ry\\\ ffsFr:
gP:

_WtO__W

^"^

M CO

1
l«:

I

801,133

262,000
33.000
150,100
150,000
27,000

I

0*0?

I

3,200

-;. .r!*-v

^
I

M *

tots

er:

I

<ocoo^

fa^
I

1,960

5
2
yco-

coe§co

*»#^

i^co

Su:

I

CCtCoCD

S.":

I

2

to
CO
M« v®o®
®®o®
®®o
®®o®
®®o®
.'.l/-,.! .l.lOj^
."-1^^-L
cJ-wOcJi ^.*-C<l

05

508,000
245,0€0
43,000
189,4«3
16,795

9£0,914 1,005,478

£!*B-o

S.

^

-i.lO.i

tocCO®

c;M£Lii.(ja*i

»2T^W
c>i^

43,000
16,000
189.483
16,795
3,200

513,000
i24,000
42,000
19l,C75
If', 879

,

H H KBrf"T!W!a o

a^

cots

ato

tsco

e.":

I

5 •',000
199,425
44,3a3
3,745

80

®®
^ts

423,000
19B,0C0

8m:

I

ts_
®®CCD

CO

191,075
18,879
1,S60

period of 1885-8«i—is set out in detail in the f ollowing statement.

-op.

<?»0'9

®® ^CO OeCQ^ COCDo? 9^^?
O^ i^|t>>Oc4 UwOK) Cdll^^ll^
to®

58,000
3,000
199,425
44,3e3
3,745

compared with 1884.
Ar THE INTEKIOB TOWNS the movement that is the receiptj
and
for the week and since Sept. 1, the shipments for the week,
the stocks to-night, and the same items for the correspondmg

2

Ots

?Sr

CO®

1;7000

71,000
42,000

13;>,000

—

cots

®'30

_i^i£!?

.08?,000 1.334,800

u*
^.
signs
The above figures Indicate an increase in the cotton
date of
to-night of 78,000 bales as compared with the same
with the corres1886, an increase of 10,319 bales as compared
ponding date of 1885 and a decrease of 357,045 bales as

CO®

fcsco®''"-

1

20,000 bales.

03

®;

3*l-""°

906,700

I^The imports into Continental ports

KM a

tOVc®

®®Offl

6,000
65,000
13,000
11,000

1,423,233 1,350.233 1,412 914 1.7fO.S78
Total visible supply
o"*"59,.d.
Siid
SHid.
Price Mid. Upl.,Llveri>ool....
loii^iac.
IOJao.
Ifo.
9*i60.
PrloeMld.Upl., New York....

^yi:

1

—

Ac

Total East India,
Total American

MOCfco'l

I

cibcoOw
cits

CB

lots

®®e® ®®o® ®®c®
tscoOio
'-cbOco

O®

®®

ts—
OD®

cots

M

®®

00

®®

I

I

®®o®

2

cotf^

®wo®
®o»
coOki tOKlOM
CD

K)

MtlOlO (OM®*<gtD

®?;

I

OS

tSM

S
"

MM

cots

®?:

•Sto

'coCtO

COM

2

I

CO

Ot

OOm'^

®0»M

.»».,
®»o® w®o"?
®c®
liOti kiJOm liiioti

I

-Vt

e»

MM

2

Total American
Easl Indian, Brazil, itc.
Liverpool stock
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, &c., afloat

4^

Sim:

I

K»°ia
hS

HO

^

CJIQD

I

5

tOCD

376,000
192,000
48,000
158,637
20,794
5,802

bales

Amerii an afloat for Europe. ..
United States stock
United States interior stocks..
Umted States exports to-day..

tt®5!0 «»o» ®®o® ®®o« ®®o»
SS=S SrS
gJ^
SS=S
SS°5
® ii^S
?nS
a cyCT
etc 5
®o 4 ®» ^ ®®
toM 2

e»

oto

ifgwr

*->OKi''

Atneriean—
jverpcol stock
Jontineutal stocks

OP

gi

tffc

3,400

216.000

1,453,233 1,350,233 1,412.914 L/SO 278
Total visible supply
f ouows
OI the above, the totals of American and other descriptions are as

CDCOC

w

SS
*J

48,000
27,000
158,537
20,794
5,802

900

•

136,000
7,000
58,000
16,000
11.000

_£^^i2£ _£?.?££^

,

5,200
69,300
4S,000

4,030
43,400
45,000
60
l.COO
174,000
4,000
51,000
8,000
10,000

1.100

^^J'SXn

.

ecDC

200

„,J'2il9

cott'n iitloat for Eur'pe
_
Egypt,
,, Brazil,&o.,aflt lor E'r'pe
Stock in United b'tates ports"..
sitoc^
Stock In U. S. interior towns..
United States exports toniay

S
I

VCDCCO COW

1

o?''^22
^ •Saa

Amer.

^eg* I^IS SS§S

i

MM

?

18B«.

7 2 S, 000

1

tB»

^1

1885.

59 ,000
23,000

Total European stocks ....1,013,100
India col ton afloat for Europe. 150,000

'^

<c«=g»

1886.

638,000
33.000

Total Continental stocks

C<D

tee

K-

««

S^r^'g

-III

1887.
bales

Stock at Liverpool
Stock at London

g.S«H
>s

XLV.

I Vol.

item of exports from
fierures for to-night (Aug. 5), we add the
of Friday only.
the United Statee, including in it the exports

§2^1 isii nil i||l
ifii lilt
BS-„v« &i.'i
fi-^,S.

iaES oaE

,

I

a

C3CCOOClf^td> KtS*

if>>

CO

:j'

QO en v<

a -^

I:

w
V] CO o: OS p'
oawaMMM^ w CD
tc
^ to c^ qd as
CO K 00
M pa:;^ r-os
0)^ a M a^jjo
y tc Or00
00
VOr-O0i»-»C'O'-aDCn-Jr---J©C0y'C00O
X%
W to 'c ^ y*
hOS

ifki

iDoloaes sales in HeptemtMjr, 1886, lor Septemher, 42,900; Septem
ker-OcIober, for October, 287,200.; September-November, for November,
441,700; September-December, for December, 765,100; SeptemberJaDD»ry,for January, l,i>85,900; Scptember-Februai y, for Felmiarv
1,262,400; Seitiniber-Marcb, for March, 2,106,800; Bepten)ber-AiirU'
tor April, ), 628,900; Beplember-May, for May. 'i.COS.fldC; Peutfmher
Jniie, Ic.r Ji lie, 2.55.'i,S.00 September-July, /or July, 2,154,400.
We liavi iiirludtd in ibe above table, ana shall coutmue each
»iili to give, the average price ol futures each day for each month
It
Kill 1 e found under each day following the abbreviation " Aver "
The
•vei age lor eudi uionlh for the week ts also given at bottom of table.
Tumtfeiable Ordns-Satuiday, 9-B5c; Monday, 10-05c. TupjuIkv
""'^''
9-80( .; WedLceday, tt-SJc; Thursday, 9-90c.; I'rlday, 9850.

CO CC 0)

M

^

*- CO -

-si

to

~(B

'u<

QC

li.

•(-

*3i "i* "I^ O". "I-*

Oi!POSr-C3tC-^tClfkC<ia*COCCCO«J'tOC;<)Fk|F^

«*?

;

^^

t)t tt)

CUCOlF^MO

MIOtOM

(-;
&:•

^*^\
ODcn<

a

CDlf^MOSC*

to

oocni

Ht
kOS
CO "b ec CQ
10 CO OCJ C^ Ol CO CO -•
My«ifc*0iiv0a'4Cfl

OS OS •00 03

a

«

V

ao o

MOJto; to;
ai(^o> o-

if^ 'A' iFk iF^

W^

•

The following exchangee have been made during the week '
•05 jd. to eifh. 800 Nov. for Oct.
ri7 pd. to exoh. 100 Deov for
.uijuoi.
Mar
XrtD SCO Nov. for Deo.
The ViBiBLitSuppLY OF Cotton to-night, as made up by cable

i;>^ if>'

a: j^'

KOictoy^y"
^

00

cotoaro*

CDVOCOOt-OtOOS*-;

VcoV

•

*

The

tlgares for Louisville In

both years are " net."

show that the old intenor stocks have
decreased during the week 710 bales and are to-night 23,569
Mid tekgmph, is ts follows. The Continental stocks, as well as bales less tnan at the same period last year. The receipts at
4D0W for Great Britain and the afloat, are this week's returns the same towns have been 2,893 bales less than the same
And conscqueLtly ail the European figures are brought down week last year, and since September 1 the receipts at all the
40 ThuiBday evening. But to make the totals the complete towns are 73,790 bales less than for the same time in 1885-86.
|

The above

totals

.

.

AconsT

THE CHRONICLE.

188T.

(J,

188

QOOTATIONS FOR MlDDLIKQ COTTON AT OTBBB MarKKTA.— lowwt 74. Rainfall during July
ninety-five hnadradllM of an
In tbe tablo below we \fivo the dosing quotations of middling inob,
cotton at Southern and other principal cotton markets for e»ob
Columbia, Texa».— It has rained on one day of the week
day of the past week.
the rainfall reaching sixty-two hundredtli<i of an inch. Ylel<{
is magnirtoent la this section.
Th"? themo-neter has avarasAd
OLOSMO QDOTATIOMS rOB KtDDURO OOTTOlf OH—
Wtek ending
84, thu highest being 9.5 and the lo v<rert 78.
During July tlM
Auff.r^.
Salur.
Hon.
Tut*.
Wedn»$.
rainfall reached eight inohes and three hundredths.
Thur:
FH.
Cuero, Texwi.—We have had no rain all the week. Crops
QklvMton ...
9^
9%
9%
9k
9>fl
9>a
are fine and picking is progreiwintt rapidly. The thermonieter
Hew Urleana
9>«
94
9>«
9>a
91,
9>a
Moblln
9I9
averagpl 87, ranging from 74 to 100. Rtinfall for the
9»»
9»«
has
»"»
9>i
O",
,

I

Bttvannab

.

OhHi'leaton

10
10

..

9>1

9;>8

10

10
10
10

10
10

IOI4
10>«
lOli

10>«
toi*

AaKusta

10^

10^

10<fl
10>fl

Phlhulelphlit.

.

Wtliiilnirton.,

10^

Norfolk
Bo8lon
BHltlinore

....

9%

Bt I/iiila
Otaomn»tl...

9»ri

H«niplila

LoalaTllle ...

9\

9'4

10
10
10

10
10
10

lOig

10>«
10>«
lOIg

0»8
10>a

I0i«
I0>4
IODr
IOI4
94t
»»»
10>i

10

10

9\

90b
10>9
10>s

9U

10
10
10

looa
lOVt

lOM

10<t
10*1

H>4

10

10>ii

10»8
lOl*
9»8
g°g
10>t

10
9^1

9^
10>,
10>«

month of July ninety-nine hiindredlhs of an inch.
Brenham, T^aia*,— Th weather has be-n dry all the week.
Cotton IS suffering frotn the intense heat and want of rain'.
Worms have done damage on some farms. Average thermometer 88, highest 103 and lowest 73. Rainfall for July
eventyslx hundredths of an inch.
Belton, reaia.*.— There have been slight showers on two
davs of the week, which did no good. The rainfall reached
1

thirteen hundredths of an inch. Soaicing rains are atnolutely
necessary, and prospects for an average crop will be gloomy
unless they come soon, and there be an unusually late fall to
give the Ust-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 thfl
)nth of July the
rainfall reached seventy-eight hundredths of an inch.
Wealherford, Texas.— (i-xiA rains have fallen on three days
of the week, and prospects are very bright.
I'he rainfall
Tbunu. Rae'pta/yum Plaiu'iu
reached one inch and fifty-two hundredths. The thermomeb r
has
1887.
averaged 85, the highest being 101 and the lowest 68.
188S.
1886.
1817.
During the month of July the rainfall reached seventy-five
41,809
8,879
148
hundredths
of an inch.
88,953
8361
New ()rlean.9. Louisiana. It has rained on three days of
S3.«48
87
the
week,
the
rainfall reaching thirty hundredths of an inch.
99,188
803
X,827
10 'e

RECfsiPTS PROM THE PLANTATIONS.— The following table
indi sates the actual movement each week from the plantatioQB.
The figures do not include overland receipts nor
Southern conaumption; they are simply a statement of the
weekly movement from the plantations of that part of the orof
which finally reaches the market through the outports.
TTmIi

AaMfptj at
188B.

Ma Porta. Sfk at

lass.

Interior

1889.

1887.

1888.

m

I

JniT

1.648

I3,S10

S.8M

18.aS4

1,071

9.47S
6,744
8,060

3,184

3,B88

33,616
98,711

36,984
1,961
77,661
4,800 33,691
8.997
8,a9s! 23,»00 64,810
9,S81 90,578 57,686 97,03:
1,490 91,296 49.807 96,018

—

The thermometer has averaged 85.
1,876
1,330
7.eM
9,716
Shreveport, Louisiana. Riinfall for the week two hundredths of an inch. The thermometer has averaged 86, mut*
The above statement shows 1, That the total receipts from ing from 75 to 104.
the plantHtions since September 1, 18S0, are 5,184, 1:J0 balesUotumbns, Mississippi. During the month of July the
in 188.5-S8 were 5,340,353 bales; in 1884-85 were 4,740,574 bales. rainfall reached four inches and seven
hundredths.
2, That, although the receipts at the outports the past week
Letand, Mississippi. No rain during the week. The
were 1,499 bales, the actual movement from plantations was thermometer has averaged 82'7, the highest being 96
and the
- bales, the balance being taken from the stocks at lowest 72.
only
the interior towns. Last year the receipts from the plantation!
GhreenviUe, Mississippi.— DwnnK the month of July the
for the same week were
bales and for 1885 they
' wert rainfall reached five inches and eight hundredthi.
2,716 bales.
Glarksdale, Mississippi. Rainfall during July six inches
Amount of Cotton in Sight Auo. 5.— In the table below and ninety-seven hundredths.
we give the receipts from plantations in another form, and add
Vicksburg, Mississippi. It has been showery on two days
to them the net overland movement to Aug. 1, and also the of the week, the rainfall reaching twentv-flve hundredths of
takings by Southern spinners to the same date, so as to give an inch. The thermometer has averaged 82, the highest being
substantially the amount of cotton now in sight.
July rainfall four inches and eleven
101, and the lowest 65.
••

89
Aug. $

S.5S8
3,038

8<I4

—

—

—

—

—

—
—

1886-87.

1885-86.

1884-85.

1833-S4.

Receipts at the porta to A ug. 5 5,206.178 5.306,296 4,736,634 4,808,030
"
Interior atooks on Aug. t>
in
•22,042
ezoeaa of September 1.
33,957
•28,723
4,040
Tot. recelpta trom plantatna 5,184,136 5,340,253 4,740,574 4,779. :i07
788,8'^0
overland to Aug. 1
821,131 610,060 573,700
Bonthern oouaumpt'n to Aag. 1 391,C0O 308,000 261,000 29t),OO0
Ifet

6,364 016 «,469,387 5,614,634 5,649,007

Total In sight Aug. 5

Northern spinners' takings to
1.810,022 1,741,007 1,380,119 1..541.027
Aug. a
* Decrease from September 1.
It will be seen hy tho above that the decrease in amount in slight to-

compared with last year, U 105,371 Ijalea, the increase as
couipared with 1884-S5 13 74J,382 bales, and the increase over 188C-S4
715,009 bales.
night, as

Is

hundredths.
blaster, Mississippi. Rainfall for the the week seventy
hundredths of an inch. The thermometer has averaged 84-5,
the highest being 99 and the lowest 71. During July the rainfall 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 88,
rangiait 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 rainint; hero. The thermometer has ran)!;ed from 73'5 to 99, averaging 85.
During the
month of July the rainfall reached one inch and thirty-seven

Weather Rsports by TELEoaAPH.— Our telegraphic ad- hundredths in ten days. The thermometer averaged 81, and
vices from the South to-night ind'Cite that over a large por- ranged from 67 to 99.
tion of the Atlantic and in sections of the Eastern Gulf States
Nashville, Tennessee. ^We have had rain on three days of
rains have been exoassive, resultiug in fl>od3 at some piints the week, the rainfall reaching fifty-one hundredths of an
and causing dimii<e to the crop in lowlands. Aside from ttiis inch. The thermometer has avt^raged 85, ranging from 70 to
and in the balance of the cottoa belt the coadiiions have b 'en 99. Riinfall for the month of July three mches and seventyfairly favorable, except that in parts of Texas raia is needed,
seven hundredths.
Oaloenton, Tevas.
have had rain on three days of the
Mobile, Alabama.— Crops look very promi-iing. Some damweek, th= rainfall reaching five hundredths of an inch.
age is reported by overflows along the upper Alabama River.
ceipts this week all new cotton. Average thermometer 84,
There have been showers on every day of the wtek, the rainhighest 91 and lowest 78. Daring the month of July the rain- fall reaching fifty-six hundredtiiis of an inch. The first new
fall reached one inch and fifty-four hundredths,
bale was received to-day by Messrs. B. Kibn
Co. from M.

—

— We

R>

&

—

Palestine, Texas, Prospects continue good. It his rained
Levy&Bro., Forkland, Greene County. The thermometer
on one day of the week, the rainfall reaching four hundredths has ranged from 71 to 97, averaging 81. During the month Of
of an inch. The thermometer has averaged 86, the highest July the rainfall reached four inches and thirty-one hunbeing 99 and the lowest 73,
During the month of July the dredths.
rainfall reached three inches and thirty-eight hundredths.
Montgomery, Alabama.— R\in has fallen on five days of
Huntsville, Texas. There has been no rain all the week. the week to the extent of two inches and twelve hundredths.
No damage is reported as yet, but rain would be benefi nal. There has been too much rain and rust is appearing. It is
The thermometer has averaged 89, ranging from 74 to lOJ. raining again to-day. Worms have appeared and planters are
The rainfall during the month of July reached one inch and Uning poison. It is claimed that the prospects are decidedly
twenty-one hundredths.
o..
a fortnight ag >. The thermometer has averaged 79, the
Dallas, Tisxo.*.— Prospects are fine, and there are no com- high<'8t being 94 and the lowest 73. Daring July the rainfall
plaints.
The weather has been dry all the week. Average reached eight inches and fifty-six hundredths.
thermometer 87, highest 103 and lowest 6S, Rainfall for July
Selma, Alabama, We have had rain on three days of the
five inches and sixty-seven hunlredths,
week, the rain fall reaching thirty-seven hundredths of an inch.
Austin, Texas. No rain has fallen during the week.
The first bile of new cotton was received to-day (August 5).
are suffering severely from the drought. Unless rain comes Average thermometer 80, highest 89 and lowest 73. During
Boon, the yield will be greatly reluced. The thermometer has
the month of July tbe rainfall reached four inches and eightyranged from 75 to 99, averaging 89. No rain during July.
five hundredths.
Auburn, Alabama.—R9,ia has fallen on every day of the
Luling, Texas. We have had dry weather aU the week.
Farmers are very despondent on account of the drought, as week, the rainfall reaching five inches and twenty-two hunconsiderable damage has been done. Soaking rains are re- dredths. Crops have suffered grea'ly from the excessive
quired very shortly. Average thermometer 89, highest 99 and rains of the past two weeks. Average thermometer 77, high-

—

'.

..'

—

—

—

We

.

1

THE CHRONICLK

T 184')

»nd lowest 73. During the month of July the rainfall
reached twenty-one inches and nine hundredths in twenty

est 90

days.

,

Madison, Florida.— Baimjf the past three we^Ks we have
had rain on thineen days to the extfnt of nine inches and
forty liundredlhs. Average thermometer 84, highest 108 and
Joweet

,

week last year. For the whole of India, therefore, the total
fhipments since January 1, 1887, and for the correspoudiag
periods of the two previous years, are as follows:
BXPORTS TO BUBOP8 FROM ALL INDIA.

Europe
from —

71.

fallen on five days of the
been badly oveiflowed and lowland
the uplands crops are all vigorous and

Macon, Georgia.— 'Rain has
week.

Streams

damaRpci. On
very proniis^irg,
Atlanta, Georgia. We have had rsin on every day of tha
wffk, the rainfall reaching nine Inches and twenty-nine
cri'ps

1886.

1887.

18S5

Shipments

Bombay
All other ports.

—

This
week.

Since
Jan. 1.

6,000 l,004,00a
10,000 291,000

11, COO

939,000

10,500

16,00l)'l.29.'j,000

This
week.

to all

havfi

XLV.

l^VOL.

Total

Since

Jan.

1.

This
week.

Since

Jan.

1.

13>j,5O0

7.000
2.000

671. UOO

21,r,0O'l.077.5J"

9.000

7i)5,S0a

124 80»

Alexandria Becbipts and Shipments.— Through arrangeUnprecedented floods and freshets have done ments we have made with Messrs, Davies, Benachi & Co., of
much damaee to crops. Average thermometer 75, highest 83 Liverpool and Alexandria, we now receive a weekly cable of
ihe movements of cotton at Alexandria, Egypt,
and lowt St 70.
The following
t'olumbvs, Georgia.— Bain has fallen on five days cf the are the receipts and shipments for the past week and for the
w«ek to ihe extent of four ircbea and s-ixty hundredths. corresponding week of the previous two years
Crop rejorts are rocflicting. Damage has been done on lowAlexafiitna, Egypt,
1883-87.
l«85-86.
lands and cotton is shedding frtely. The thermome.er has
1884-85.
Aug. 3.
•veraged 78. ranging from 73 to £6. The rainfall during the
Beceipts
(ciintara')—
tnonih of July riached sixteen inchfs and fifty-one hunThis week
hun'irfdthB.

dredtJis.

Savannah, Georgia.— We have had rain on four days of
the week, the rainfall reaching two inches and sixty-seven
hundredths. The thermometer has averaged 79, ranging from
70 to 90.
Augusta, Georgia. There have been heavy rains on six
d»T8 ot the week and high water in this section injured to
some extent the cotton in lowlands. General accounis however are (jcod and die outlook fine. The rainfall reached five
inches and seventy-seven hundredths'. The thermometer has
ranged from 73 to 95, averaging 80. During the month of
July the rainfall cached eight inches and eiRhty hundredtl.s.
Albaiiit ttsorQia.— 'Rsxa has fallen on every d»y of the
eek, hnd it is still rainirg. The rainfsU reached four inches
and fifty tundredihs. It "is stated that crops are ladly damaged
many think thirty per cent.
Cit. rpillars are
pretty general, but no serious harm as jet, Outlook is quite
gloomy. Little new cotton is (xptcted here during August.
Xhe th'.Tmoraeier has sverMged 78, ranging from 75 to 87.
Charleston, South Carolina.— It has rained on five days of
the wiek, the rainfall reaching two inches and six hundtedihs.
Average thermometer 83, highest 89 and lowest 73.
i~\at>j.irg, i-outh Carolina.—
have had rain on every
day of the week, heavy on two, the rainfall reaching fcur
inches and twenty-five hundredths. The thermometer has
averjtged 77, ranging from 71 to 86. Rainfall for July four
inches and ninety hundredths.
Wilson, North Carolina.— It has rained on six days of the
week, the rainfall reaching five inches and twenty-five hundredtho. The thermometer has averaged
83, the hiKhest
beii'g 90 and the lowest 75.
Tne following statement we have also received by telegraph
nig the height of the rivers at the points named at 3
o'clock
;

2,923.000
This
Since
week, Sept. 1.

4,000 263,000
l.OOOf Id 1,000

l.rOO 232,000
1,000,175,000

5,000

2.000 407.0001

To Liverpool
To Continent
Total F:iirope
*

A cautar is

I

4

Aug.

and Aug.

4, 1887,

£•" Orleans
S*"???!,*
oJ?*

5, 1886.

Aug. i'a?.

Aug.

Feet.

Feet.

Inch.

a

1

3

7

6

8

7

4

7
8

8

U

3

12

Inch.

8
9

Slice
I

Sept. 1,

•

14,000;

'29fl.000

I

2t;3,0OO

'-',0.
I

2,000 f>ii2,0CO

98 lbs.

5,000 bales.

—

Manchestee Makkkt. Our report received bv cable to-nigh*
from Manchester states that the market is flat for bv.th yarns
and shirtings, and that the demand in each Cdse is poor." We
give the prices for to-day below, and leave those for previous
weeks of this and last year for comparison
:

1886.

32» Cop.
Twist.

SH

Oott'n]
lbs.

Shirtings.

d.

July
••

1 738

d.

®8

% ®8

8

" 15 7!% a 8
" 22 ;38 ®8
" 2H 7i4«715,„
AiiR. 5 7^ a7i'>.«

(1.

8.

rt

S^IH

IQia

Sia^fi

Ill's

S^sae ID'S
gra06 lOifi
8
8

«6 10

we

10

Hut.

32« Oop.

Upldsi

Twist.

d.

d.

51S16I7J8
3'8 |7l8
5% 7i«

d.

5"i«l7

5»n
;iis

|7
17

Coti'n
jjj^

ai.
Ik.
SH ll>s.
Shirtings.
'8.

0758

15

n7i58

5

»758
»7'4

5
"

^p/^.
d,

B.

oo

53i8

f6
96
06
«6

t»7>s
©7ifl

'6

.

New Alabama Cotton.—Our correspondent

at

5'4

M ibile,

tele-

thai; the first bale of new Alabama otton reached
that city to-day (Friday,
coni<n^!li;o M^srs. B^
Kahn
C<\, and came from Messrs. M. Levy
Hrc, of Fork
land, Greene County. It clas ed strict inidllia^ and
asbought by Messrs. Lewin, McKinnon
Co. at 13i^ cents per
pound. From Selma also we have telegraphic advices that
a new bale arrived there today. Last year first bales were
recivsd at Eufaula August 13(,h. Montgom ry August 15t h.
Mobile 16ch and at Selma on the 17th.

graps ua

Au^mo)

&

&

w

&

Above low-water mikTk.
Above low-watermark.
Above low-water mark.
Above low-water mark
Above low-waier mark

"

I

This statement shows that the receipts for the week ending
Aug. 3 were
cantars, and the shipments to all Emope

We

mow

3,613,000
This
week.

I

(bales)—

Ejcportfl

—

•V.

2,916,000
This
Since
Keek. Sept. 1.

Since Sept. 1

Jute Butts, Baggunq, &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 5Kfaj;^c. for U< lbs.,
toDjA C/OTTOS Movement prom all Pokts.—
The receipts 0}i@tiMc. for
nd shipments of cotton at Bombay
1% lbs., 6M@7c. for 2 lb3. AnaTUntl^o. for stanhave been as follows for
dard grades. Butts are quiet, but prices are very firm and
tte week and year, bringing the figures down
to Aug. 4,
paper grades are held at 2021^0. and Z^i^i^c are bag<iag
BoicBAT BBOsryra aho SHtPMB.Tra for Kooa
ybiui.
quotations.

"Y'g^JPort

vlcKMirg

ahii>mtnU Ihig

toeek.

Tear Ortat ContiBrien.\ nent.

1S87
188«

l.OOO: 5,000

188.%

8.000
3.000

1884

...... 1

[

ShipmerUt Since Jan.
Great

Total. Britain]
\

Continent.

1.

1

Seeeipts.

This
Week.

Total.

6,OOU35S,000 648.0OC 1,004,000
,000 1 1 ,000 301 ,000 t38,000
939,000
4.(00 7,000 214,000 457,000 671,0(J0
6,0001 9,000480,000 595,000 1,075,000
1

4

Sh«

LW^

f'

smce

5,000|l,52.S.QOO

Bombay appears to show a
in th^^eeVs receipts
'^*
T'"-^
<?««"«o*e «n shipments of 5,000 bales,
Jan. 1 show an increase of Go,00ott

^^

^d

ThBi^S^™*"
"^d other Indik porta ?«;
the l^IZ^rS^'l^f'^*'^'
'"»** ^^^ l8' of January, for two
mL?^^"^^
S"**
ram,
has been ^^H
as follows.
"Other ports"

'^^

cover Oevlmi
oej Ion,

TntiRonn. Kurrachee and Coconada.
Shipnietils for the week.

Ortat
ContiBrHain.\ nent.
I

Total.

Shipments since January
Great
Britain.

ConiiTient.

1.

Total.

OAlontta—

1W7

1,000

1886
Mitdraa—
1»<87

1886
All •tbers—

l«b7
1888

OOO
,

S.COO
2,00U

4,000
4,000
2.000
2.O0O

?,000

4,000
2,f,00

99,000
57,000

119,000

4,000
4,000

17.000
9,000

8,000

ton

20,000
9,500

Z.OCO
4,000

84,000
22,000

19,000
14,000

53,000
36,000

10,000
10,500

150,000
88,000

141,000
50,000

291,000
133,500

86,(j00

Total •11—

1887

1886

7,000

8,000
4,(iOU

iB

month. We have consequently added to our other standing
a daily and monthly statement, that the reader may
oonstantly have before him the data for seeing the exact relative
movement for the years named. The movement since
September 1, 1886, and in previous years, has been as follows.
the

3,000 1,434,000
8,000 1,338,000
3,000 a7B,UOO

*° ***? 'oregolng,

rfj^^*""*
itTi^l.Tj:^'^^
""* '

GOMPAMATIVE PORT RECEIPTS AND DAILY CBOP MOVEMENTcomparisonof the port movement by weeks is not accurate*the weeks in different years do not end on the same day of

—A
Ytar.

218,000
93,0 JO

«?^r;KritjrA'S£'&isnrss

tables

Year Beginning September

Monthly
Receipts.

1886.

1885

ISSl.

1883.

1.

1882.

Sept'mb'r 359,203
385,842 345,445 843,812 328,656
Ootober.. l,034,4.>0 1,055, 24 1,090,385 1,046,091' 980,584
Novemb'i 1,169,979 1,033,552 1.122,164 l,030,3S 1,094,697
Deoemb'r 1,164,88(> 1,069,920 1,104,211 1,059,653 1,112,536
Jiinuary
644,651 513,393 475,757 487,729 752,82';
Febraary.
404,272 414,65t> 261,449 385,93S 695,59t
Maroh... 258,832 283,645 163,503 241,514 432,77i
April....
89,186 202,866 103,375
111,755 281,510
May
47,12l>
133,117
35,575
45,918 185,52a
June
17,618
84,715
11,856
31,63^
78,504
JtUy
14,884
45.917
10,194
19,501
42,299

1881.

429,777
853,195
974,043
996,307
437,727
291,992
257,089
117,595
113,573
63,679
36,399

Total
5,204,94 5,303,007 4,723,913 4,803,977 5,933,515 1,657,377
Pero'tage of tot. port
98-45
receipts July 31 ..]
98-91
99 01
98-32
98-60

This Statement shows that up to July 31 the receipts at th
ports this year were 93,080 bales less than in 1885-88 and
481,034 bales more than at the same time in 1884-85,
By
RUding to the totals to July 31 the daily receipts since that
time we shall be able to reach an exact comparison of tha
movement for the difterent jears,

:

.

August

1885-88.

l88«-97.

TotJn 30
July

370
68

135
183
188
306

6..

••

8..

"

"

7..
8..
9..
10..
11..
la..

*

13..

"
"
•'

"

104
214
260
69

8.

2,810
1.003

2,519
2.449
1,500

1,006

433

354

3,977

74
1,262

643

998
658

316
324

18..
18..
" 17..
•• 18..
" 19..

1,096
1,160

1.721
4,091
1.452

142

*20..
" 21..
«22..
" 23..
" 24..

25

1,554

341
113
6a3

278
513

670
637

1,324
191

790

"28..
"89..
"30..

138
271

26<

AOK.l....

B.

"

a...

20.

479

**

8....

182
333
268

46.5

112

559
815

150

"

4....

••

6....

Total

'

•

TMl

W.

Orleans..

Texas

avannah

2.<VM

S4^«9«

5T8

S33,«ai
182.8
1.850

Florida.
8o. Carolina
No. Carolina
VlrKlnla....

PBILADBLPH'A

Baltivors.

Sines

T7l<»

Sines

This

Since

S«pM.

toeek.

Sept.l.

ieeek.

SepM.

6.00 i

......

46.728

17

17,857

week

Amount

l«8.8ia

50,354
225,522
105,871

2,218

43,746

28

53,365

2.807

64,373

127.880

e«

221 .'21

Last rear..

1.332.020

8.329

48^."5»

2.8M

136.754

3.378

246.3S4

Total batei.

New York—To

Liverpool, persteamers Adriatic, 1,152
Arlion». 780 ...Aiiranla, l.76i
Devoiila, 547. ...Ohio,
1.457. .. .The Qii-wn, 1,747
To Havre, per steamer L-« Cliampagne, 87
To Hambar,!;. per steamer Australia, 100
To Antwerp, per steamer Waesland, 75
To Stettin, per ft-<!imer .Slavonia, 300
To Barcelona, per ateaiuer Aleeia, 4Sl
To Genoa, per steamer Trlnacria, 600
To Niiiiles, per steamer Trlnacria, 800
Obi.kass— To Liverpool, per steamers Californian, 1,850
Pueito Ri(HU-iio. 1,S18.... Statesman, 1.091
To Bremon. per ship Ilenry. 2,517
Boston—To Liverpool, per ettamer Norseman. 506
ToSt. John. N. B.. per steamer New York. 41

—

July 22.
70,000
2,000
1,000
59,000
10.000

..

b.00>1

afloat

July 29.

Aug.

,

,

7,000
765,000
496,000
47,000
12,000
91,000
9,000

5,0-

704,000
438,000
20,000
9,000
88,000
17,000

50,000

5.

44.000
2.000

.5,i>00

1,001

41,000
5,000
9,000
677,000
405,000
32,000
9,000
98,000
25,000

silobo

000

5

7,000
638.000
3T6.00O
14.000
8,000
91.000
34,000

of spot cotton, have been as follows
Saturday ilonday. Tuetday.

Spot.

Market,
12:30 P.M.

)

Wednet. .Thurtd'y.] friday.
Pressed

Steady.

for sale.

\

5 'is

Upl'ds
Mld.Orl'na.
Hid. Sales..
Spec. A ex p.

H
%
a.

S.

Moderate
demaod.

Firm.

5»»
5>3

5'a

5'i«

10,000
1,000

10,000
1.000

12.000
1.000

10.000
1,000

Steady,

5<*

6'fl

St»ad7at

Easy at

\

2-84 ad-

2-04 de-

j

vance.

cline.

Firm at
304i*3-«U
adranoe.

Qnlet.

Steady.

Steady.

Market,
Market,
4 P.M.

statdy.

The opening, highest, lowest and cloelng pnoes of futures at
Cdverpool for each day of the week are given below. Thesa
prices are on the basis of Uplands, Low Middling clause,
otherwise stated.

ty
5

The prieet are given in penee
and 6 01 meaii* 6 1-Gld.

and

6ilki, (Aim:

63-64<f.,

Sal.,

87

IcO
75
800
411
500
800
5.359

5 63 meant

806

—

8tpt.<4>et...

Ost.-Nov...
Nov.-Oeo.

I

Srem. Antw'p
aiiU

5,359

100

Genoa

ami BareeSleltin. lona.

376

481

and

2,547

41

87 2,647

97S

i81 J,300

Total.

9.804
7,906

l.aoO

506

Xotal... 13,326

SL'

Kaplet. John.

Tnea.,

...

Jan.-reb...

Feb.-Marcb

Wednea., Ann.

3.

Thnra., Aas. 4.

Aac

3.

Open

BUfii

Low.

Ctoi.

d.

d.

d.

d.

888
687
887
618
603

688
687
6*7
618
SOS
60«
606
608
608

608
606
505
601

.

DwbJaa

Opra High Low.

Clot.

41

particulars of these shipments, arranged in our usual

Hamb.

1*

Fri.,

588 688
687 StT
6«7 SSI
616 su
606 SOS
SOI 808
603 606
605 60S
600 60S

Aac S,

2,.547

form, are as follows
pool. Havre.
7,4rtl
87

Mod., Anir*

September.

7,461

18,257

Liver-

July 30.

Aufni't
Anx.-Sept..

a.

Total

York.
H.Orleans.
Boston

'«4

News.—The

exports of cotton from the Caited
Stntes the past week, as per latest mail returns, naTe reached
1S,'j7 bales. So far as the Southern ports are concerned, these
are the same exports reported by teleg^raph, and published in
the Chkoniclb last Friday.
With regard to New York we
include the manifeets of all veBselB cleared up to Thursday,

Hew

'•«4

i

2.841

'.

>»64

»r4

91,881

473.203

'^IfK

»3a9»i8

The tone of the Liverpool market for spots and futures each
day of the week ending Aug. 5 and the daily closing prices

7,015

86

2.807

T"""^

»U«"'»,4 »IS»i'm »1«»'»««

»»»4
'•4

42,000

Of which American

12:30 P.M.

21 1.255.683

The

»U»"S4

54,000
4,000

balee

Of which American

67,777

10.361

This rear.

Hew

•••

l\iturt*.
......

4.141

Shippinq

•ii"

at

ThU

7,9e>

608

»ii"

lbs.

Total import of the week...

6'

98,802

•

Of which American -Estim'd

99-10

20.019

p't»

rorelxn

•u

Antnal expwt
Forwardeil
Total Htock— Estlmateil

111,118
21,571

Tenn.,4c....

>>it

•ii

•ii'

d.

Per 100

7.758

St

>'m

I'M

Ot which speculators took

veek.

M

.

Mobile

North'n

I.

hi'

Sales .\mnrican

93-02

Boston.

Since

•ii"

Ofwhich exporters took

27

I

Sept.

»Ii"

J\dy 15.

York, Boston, Philadelphia and Baltimore for the past
week, and since September 1. 1886.

week.

lail

Sales of the

Saw

/rom—

•li"

e.

We

The FoLLOwiKa arb thb Gross Receipts of Cotton

itM«tpe<

•I'i'

JIVl

LivKBPOOr..— By cable from Liverpool we have the folio wing
statement of the week's sales, stocks, &c., at that port.
tdd previous weeks for comparison.

This statement shows that the 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 18S6 and 481,898 bales more than they were
to the same day of the month in 1885. We add to the table
ihe percentages of total port receiots which Had oeen ii.>c<-iveJ
io Aug. 5 in each of the years named.

NSW TOBK.

•li"

...e.

S.

98-49

.

•»»

«all....e.

Do

5,206,17? 5.305,355 4,724,280 4,806,274

Peruentage ot total!
port reo'pts Aug. 5

TAurf.

•m

Baii]e1ona,«te»md. s,gaisj^ >l.«"«4
Oeooa.steam
d. »32»»1« "si^'ie
Trtoite, steam... d.
Antwerp, ateam.d.

165
l?t

723,913
78

ir«dn<f.

0^

Amst'd'm, itesm e. 30»35- 30335' 30935' 30 •35' 30»35' 30*35*
Do tU Lelth d.
Etoral. ataam
d. "(4»»18 "«4»»,« »'m»'i« »fi"»»i. "«4»'ie

S.

TotJ'ySl 5,204.947 5,30?,-07

8.

Tut$.

>31

HamburK, steam.e.

53

1 6
1,508

" 31..

Man.

•si

Bnmen, steam. .e.
Do
sail
e.

929
264

35b

Salur.
d.

sail

l>o

2.12

838

M

aall...d.

Do

2,185
4.SJ5

2ti8

Do

Havre, steam

419
171

1,425
1,353
1,061

week 'mlltiK Jiilv 17 Init 30 hM««
from iiti<:imer Happhlre. wrecked
oulf were UiTlnK oi>vrullonii poaiillile.

rr<iover.-<l

On two dnyt

Cotton freights the past week have been aa follows

B.

8.

61

were

of eotton
Texi'l.

08
940
260

2,157
2,148

25..
" 26..
" 27..

all

B.vlTlltiiK. Kteanior (Hr.)-Diirlnir llin

B.

B.

B.

••

sels

Invento.-, 2,441.

news reoeUed to dat« of dlwwten to Tascarrying cotton from United Stataa port*, tco.:

Urerpool.ateam

077
63

8.

l-8leainor« Actor, 1,937

184

B.

1,265

"
"

Au»{.

97

1,111

" U..

185

Retow wn ndil thn olearanoM thin week of tonmU atrrjttt^
cotton from United StntM ports, bringiaK our data down to
the latest diitca:
Nkw 0«tBA.^*-Kor Uvnrponl— Julx 30— Stsuuiinr West Indian, a.3a>
Below we give

8.

838

B.

1882-81

1883-83.

,716,103

1,246
2,897
1,911

8.

1883-84.

1884-83.

l.iao.OGSlJ ,257,000

1..

" a..
" 3..
" 4..

"

THE CHRONICLE.

1887.1

0,

:

:

..

647

«1 ^8,257

d.

Angnnt .... 5ia 683
Ans-Sept. SSI SIS
September. 5*1 an
8apt.-Oct... 810 5 11
Oot..NOT... 5 01 504
Nov.-Dc«... 502 502

d.

d.

S8S 683
611 68S
on 638
610 6 11
504 601
508 5 0i
D«e.>Ian
5 01 5 01 5 01 502
J an -Feb. .. 5 01 608 5 01 SO)
yeb.-March 6 01 602 6 01 608

Op«n
d.

687
680
6a»
516
508
see
508
soe
B07

flifk
d.

Low. Clot
d.

d.

6»; S9S
588 S»7
587 688 687
SIS 5 15 616
509 608 60S
607 soe 607
SOS 608 508
508 600 SOS
607 607 6 07
6 93
5 87

Open Blth\U>w.\ato:
d.

d.

d.

687
6SS
688
816
606

6S7
6»S
688
616
806
808
608
600
808

687
88S
686
614
808
808

6S7
S2S
sas
814
688

8M

B<S
8«B
805

6 08

608
68«
806

808
SOS

4.

SM

—

THE CHRONICLE.

186

BREADSTUFFS.
Fbidat, p. M., August

There
of

fact

is

some

irregularity in the ttoar market. The prodis dull and lower, but fresh ground from

The comparative shipments of flour and grain from the same
from Jan. 1 to July 30, 1887, inclusive, for four year^
show as follows'
1887
bbls.

7,571,233

*1886.
5,995,123

6,810,935

6,160,230

Wheat

bush.

46,245,636
86,852,525
26,974,820
3,45i,o84
493,959

28.060,748
48.649,568
26,517,812
4,419,695
901,353

25,213,876
58,152,417
28,115,518
2,660,515
1,056,124

28,977.4il
52,763,362
23,898.577
2,745,564
3,308,825

114,018,524

108,579,176

115,503,450

116,693,809

Com

eetUed.

Oats
Barley

The wheat market has been dull and weak since our last.
Cable advices were discouragicg, and the buying interest
showed no strength, notwithstanding the very low figures to
which prices had declined. The chief event of the week is
the termination of the great wheat deal at Sin Francisco, by
which prices there were maintained far above the parity of
other markets, A telegram published this morning indicates
that the aSair will be settled without serious financial complications. To-day the market was again lower, with more
doing at the decline. No. 3 red winter being freely taken for
export at 79J^@&0c.

8ui8
81»8

Bepteniber delivery

Octobtr drllVBry

83
JJoveiuOer delivery
8438
December delivery
January, 1888. delivery.. »t>H
90%
May, 1888, delivery
91i8
June, 18SS, delivery

80%

80=8
82>8

SO^e
82'4
85>i
86'«
9118

83

85"

si'ig

84%

8OI4

85%

85''8

83=8
81'8

91

901*

9uia

8i<ia

91

47i^c. afioat.

DAILY CU>9raO PRICES OF NO. 2 HirED CORN.
Sat.

Jion.

lues.

Wed.

Thurs.

45

45^8

47 14
4313
491,
50 14

46%

46%

48
49 >8

4778

474

49

4314

47 14

46ifl

47i«

4»%

Fri.

Sat.

Uon.

Tuet.

Thurt.

30%

Wed.

SO'^s

31ifl

SO'Js

SO's

31%
31%

Fti.

August delivery
September delivery

SII9

31%
31%

31%
31%

October delivery

Si's

3214

32

32

31%

Rye is dull and nominal. Barley is yet without quotation.
Barley malt continues to have a good sale at full prices.
The following are the closing quotations

Roe

V bbl.

C2

Snperllne
SpriiiK w Ueat extriM.

3

2
3
3

Winter

3

XX A XXX..

Pateuta
eoullieru Mipeia......

:

4 JOW 4;70
3 109 3 3o

Western,

Ao

359$3 60

659
759
209

4 40
2

9u

2 35

2 409 2 70
2 709 2 75

Brandywine

Wheat

bnah.

Corn
Oats

Rye
Total

The

rail

1886.

1885.

1884.

Week

Week

July 31.
92,882

A.ug.\.

64.674

Week
Aua.2.
107;o66

273,635
162,310
1,217,097
9,969
7,131

227.845
16i.«48
13.565
16,633

209,528
355.321
402.880
7,62D
17,166

411,433
323,399
422,251
4,658
3,306

1,675,645

,135,277

992,515

1,170,597

714,.''86

and lake shipments from same ports for

last foui^

weeks were:
ITee*
Flour,
Wheal,
Oorn,
Oatt,
hbts.
indinij—
busk.
bush.
bush.
July 3i),'37 300,968 2,646,077 1,052.942 1.294,525
July 23.'87 320,147 3.3 -.7,485
790,001 1,240,674
Julyl6.'8- 316,(j81 2,477,528 1,230.845 855,977
July 9.'87 253,788 2,116,379 2,J19,952 803,984
Tot., 4 w. 1,196,584 10.597,469
4w'ks'86. 800.635 5,655,962

The receipts of
week ended July

flour

and grain

30, 1887,

15.134
23.909
27,836
18,755

40.954
36.300

90,634
49,337

. ...

at the seaboard porta for the

Com,

bush.

524,600
97,258

400

Total week.. 285,6413,219,423
818,532
week '86 220,847 1,937,436 1,068,523

741,773
329,732

.

.
.

I4,7<i9

Oor.

425
438
40

400
3,103
600 14,652

same ports for the period from Jan.
compare as follows for four years:

total receipts at the

to July 30, 1887,

1887.
8,144,135

•1836.
7,041,482

•1834.
7,243,430

50.069,105
30.46U.141
18,661,103
2,215,465
565,047

23.144,423
54,013,176

28,1!4,690
31,461.952
17,041,369
2,412,341

Flour..... ..bbla.

Wheat

bush.

Oorn
Oato

,

„

2l»,306,397

2.395,338
319,523

3,126.3 72

101,971,l(iHOO,208,857

Total (train....
*

bush.

2,200

16,297
6,744

.

By,

Barley,
bush.

Oatt,

bush.

668,^50
119,133
13,000
14,394

8,729
66,557
31,035
60
13,484

,

The

Rye'
bush.

foUow:

Flour,
Wheat,
bbl:
bush.
.116,621 1,016,434
tioston
49,199
193.350
10.6.i6
aiontreal. .....
501.604
16.792 ,174,726
PUladelpMa..
BiklUmore
69.389 756,435
iiiohmond
6,400
14.777
New Orleans.. 16,0a7 162.077

I

Barley,
bash.
9,969
4,854
13.705
12,426

5,393.740 4.195.160
7.^08,633 2,692,012

At—

Barley
Rye...

ruioH.
200 $2 90 S mth'n com. extrM.. $3
609 3 20 Sjatliern Oaftern'^nn
053 3 30
family br de. * bbl 3
409 4 40 Rye flour, supernne.. 2
05» 3 35
Flue
2
409 4 4U C im meal—
.

t'learandalra't.

W4iit<rdblpp'gextras.

1887.
Week
July SO.
bblB. 119,395

32

32%

delivery

shipments from Western lake and rive

rail

Flotir.._...

Naw York

46

49i«
4814
November delivery
49
50
49%
491-2
December delivery
50ifl
50
Oats advanced a fraction on Tuesday, in sympathy with
the movement in corn, but have latterly been dull and weak.
To-day futures were easier and spots dull.
DAILT SLOgma PBIOES OF NO. Z OATS.

Kovember

Below are the

ports for four years:

78 >4

,

...

....

1884.

Include one week extra.

*

8U^
82%

90
-Indian corn advanceds martly on Monday and Tuesday owing
toa spjCLiUcioa at the Wdjt, bised on fresh reports of damage
to the growing crop by drought, but has since been dull and
To-day
drooping, with business for export very small.
reports of rain at the West^ caused a decline in futures, but
there was a fair export business. No. 2 mixed by canal selling at

Anstut delivery
September deliverv
October delivery

Total grain

7914

8018
81i«

81»8

Rye

Barley
J!W.

•1885

Flour

wanted, and is held with much firmness. To day
the market was very dull, and prices were drooping and unis

DAiLr CLosina psices of no. 2 bed wiiiteb wheat.
Mon.
Tues.
Wed. Tliurt.
79=8
7914
79
78%
79
Aa«u>t drllver?

XLV.

[Vol.

ports

1887.

5,

new wheat

old wheat

Hum

.

.

105,015,365

82,167,227

Include one week extra.

The exports from the several seaboard ports for the week
andiag July 30, 1887, are shown in the annexed statement:

OBALN.

Wheat74
86
78 9 79
78>4B 79'«
74
8>2
76 » 82
45 9 48
46189 4714
49 9 51
4s 9 50
50 a 53

Red winter
White

Corn— West, mixed
•

'

Weat. mix. No. 2.
Weat. white
West, yellow.....
WliiteBouthein..
Yelluw Boatbern.

48

state

A Fa., 9

bvmh. 54

Oats— Mixed
White

30
34

No.2mlxed

SSiaa

Barley— Canada
Two-rowed State

9

6-roived. 77

State, 2-rowed

« 50

I

Canada
Peas—Canada

of breadstufts to

market

is

from -

57
-14

39
i2i«
3tii4
....

9 ....
9 ....
9 81
9 72
9100
9 66

81x-rowed State

Malt— State,

9
9
9

31%9

No. 2 white

I

The movement

ExiJorts

Rye-

bprmg,per baab.
BpringNo. 2
Bed winter, No. S

67
85
65

mdicated in the

•tatements below, prepared by us from the figures of the Ne\»
York Produce Exchange. "We first give the receipts at Western
lake and river pons, arranged so as to present the comparative movement for the week ending July 30, 1887, and
since
July 24, tor each of the last three rears:
Bectipts at

•

notur.

Whtat.

All

IHSIIw Bu»li.ttOIIw
11B.681
3;4.7oa

Ohieuo
miwanka*..
Toiado

47.8:7

Detroit
CICTelana..

4,ti88

«L

Lonla.

.

raorla
Dolnth.

137.075

4,6.'«

Com.
ButtlM Ihr

Oatt.

Sarltv.

I

l,i«S.U03

8.M0

91.850|

2.iioa

7.680

1,«S«

SI.791I

500

10,668

5603
2S.053

l,42g.001

5,2S6
S.3U2
101.300

SSJ.liSS

1,200

1.105

63.000

9e,soo

885,200

4.800

23,387

1.710

3.481

13,760

S4,TM

251,818!
8,S8a.31!6

1,128,886

anewk.'SH.

?,317.':5I

IIM.M7

87,798

4,069,811

60.628

1.477.416

••mswk.tfi.
Mmtt Jvtvat

1,454.532

54.tl2»

0J.7a5

»3.7t>:l

1,124,690

13,937

;6,640

82340,113 69,004,540 21,410,445
M.04«,«)7 88,953, 2hO 20,.121352

3,023,243

18S8-7..

II.lM.flla

99.469,768

UW-e..

8.710.770

68,160,176

1HH4-.^

B.-:81.8a7|l08, 1 1 8,032 102.052.621

62.444..S2R

Bush.
185,943

1,00'<,153

77,116

404.965
5l0.70d
617,231
2,0lo

w'k 2,620,471
8'me time
Tot.

1886.

..

18,716..12«

4718.588

Oau.

Rye.

Peas.

Bbls.

Bush.

Bush.

Bush.

63.754
59,722

1,812

1,444,319

35,738
34,285
193,473
1,400

32,9*^0

2,487
......

37,575

86,488

10,000
22.756

240

450,839

195.362

39,417

88,955

814,016

160,229

61,821

84,583

The destination of the exports is as below.
oorresponding period of last year for comparison.
Bc^ports
for Keek

lo-

1887.
Week.

July 30.
On.Klng.

lie, 158

Oontin'nt

20,84'>

S.AC.Am

17,368
11,737

W.Indies
Brit, col's
Oth.o'n'ts

3.132,042

Fiour.

910

Bbls.

3l),i29

iM.\;oo

1,611,738

Norfolk..

3«,033|

Tot. wk. 81.

1,37»,S72

Balclm*r)
N Orl'ns.

Oorn.

Bush.

FKmr.
I

85;l,9I2

4.0.042
78.307

«. News..
Montreal.
Pmiadel.

Ryt.

Biuli.311 U>'iButh.iiilbr\lllukM

18,993;

N aw York
B wton. ..

Whtat.

Fotal..

15,40.1

799
195,362

Wheat.

1886.
Week,

July 31.

1887.
Week,

July 30.

Sblt.
Buth.
123,647 1,488.764
2,503 1,133,457

26,30-J

1886.
Week.

July 31.
Bush.
689.170
755,119

250

21,678
5,746
5u
180.22;i 2,620,171 1,441,319

We

add the

Oorn.
1887.
Week,
July 30.

Bu'h.
225.912
199,213
9, i3S

15,569

1886.

WMk,
July 31.

453.077
233.197
37.740
40.932

1^057

450,839

814,046

By adding this week's movement to our previous totals we
have the following statement of exports this season and last
season:

.

.

August

:

1887.

6,

THE CHRONICLE

J

Hour.
Mmport*

lo

July

1. 'SB,

July
81, met.
to

30, 18OT.

Un.KlniKloni

6,183.808

. .

e.ftCAm...

9M,T86

Wmi

Indlea.

7ao.e7ft

Brlt.Cormea

vto.'en

July

Ut

1, '88,

July

Kept.
tn

1.

S,9;4.0g4

July

81,

MM

ai, 1880,

80. 1887.

BimK,

Buth,

Buth.

Btuk.

4,«sg,4a8

4S.87«,«iO

10.618,21X1

>3.a38.«2S

a8.n74.wifl

it»,oii;

aS,M4.S]«

U,7U0.40»

10,1118,133

17,348.117

18u,ft7t

47,067

16.813

7IM84

1,1M..'I.\3

8,(81

B,l»t'

&U.o:il

Mr.MiiO
7H.«0»
7i,uva

84.8043111 84.774.1104

57.674 010

SMiST
a.8.3.(ia6

78.41B.I)ao

64,066

The visible supply of grain, comprising the stocks in grans y
St the principHi points of accumulation at lake and Beabuaid
ports, and in transit by water, July ;iO, 1887 :
Com,

Wheat,

tn itore of—
York

Haw

OaU,

bUMh.
1.704.440
49.400

Barle,

Jtye,

bunli.

huah.

383,370

Albany

fioa

2'1.300

>

1,522,113

219,701

Uo alluut
OWcaRO
Do alloat

30,926

23,8 i8

3 5d7

8.665,350

2,033,784

534,651

54,136

13,230
19,599

ao7,ooo

Milwaukee
Dolnth
Toledo

1,10»,423
2,l63,2b6

973

379

16.404

883,tl!)4

26.256

33.201

iSO.lll
10,000

1,583
45,000
1,433,249
ieo,ooo
3,000
61,857

31.116
27,849

Detroit

OsweKO
Bt.

LoniK

Do

3,064,8.'>6

32,000
30,000

afloat

Olnolnnatl

Boelon
Toronto
Montreal
FblladelpUa
Feorla

1<12,«62

120.936
616.610

KansasClty
Baltimore
Minneapolis

1.217.813
3.577.522

BuPaul

On

canal

...

& river

2u2.200
1,877,336

73.600
629.493
441,400

2,t>32.000

Tot. July 30.'87. 33.132.2'J3
Tot. July 23.'87. 32,021,051
Tot. July 31, '86. 34.65(!,<J64

7,.'il2,466

TotAui?.
Tot. Aug.

5,7.18.304

t

1,828

33.000
115,482

20,000

303

l,0ti9

22,t<68

4,249
11,119

28,8(>8

3'l',077

2,692

8.000

5,544

1,200

181

1.50.000

Mississippi

Onlakea

270,<155

387
36,000

•••••

150,889
00,791
174,518
19.475
24,416

17,000
128,853
160,368

6,8 50

1.000
16,854

235, i99

8.323
13.821

S07.7ti0

H,500
145.000
141.82S

Indianapolis

On

42,(iO

l,'85l 38,407.918
2,'84l 15,075,971

Minneapolis and

St.

11,800
45,221
139,900

2,081,080
7,879,209 1,1>71,G67
9,241, ir,9 1,754,774

2,U7,09i

4,353,038 1,771,003

288,453
230.392
371.536
197,408
183,997

12^,214
128.230
226,993
106.4H2
210,006

Paul not included.

THE DRY GOODS TRADE.
New

York, Friday,

P. M.,

Aug.

5,

ToMlRtook (pieces)
4H0.OOO 228.000 1.344.000 1.507.000
Prints continued in fair demand, and there was a good
steady raovem»nt in ginghima, cotton dress goods and cotton
hosiery, as the result of

,

Bilfalo

3.1.")().161

afloat

t

new

and

business

in execution of

back

orders.

31,721
IJ.ODO
8,00)

Do

ilw basU of 8 5-19 %,
per cent, for 64x6l!), and So., leM 1 per cent, for UttOi.
Sxicks last Snturd ty and for the three previou« yean
follows
July 30
JuiuZt,
Auff. I,
atnek of Print Ololht—
1H87.
1886.
1885.
IMS
Held by Provldoncw inaniirra. 178.000
68.000 41S,000
aoM
Pall Klvnr inuiiufitaturera... 136,000
84 000 aoe.ouo BBff,* .
Providence apeculaiora
72,000
101,000
32«,0<)O
310.000
Ouudde apeoulatoni (ett)
80.000
25,000 300,000
200,000
lefs

to

SO, IBHT.

14i,74A

187

wf ni in liKht demand and a trlAa eMier, on

-m.

July

isl

0th. conntr'a

Total

Srpt.X.'m. *p(.
to

BM>.
Continent

Oam

IlltfOt

*|)«. 1,'S6. .*p(.
to

,

'

1887.

There was an undercurrent of activity in the jobbing
branches of the trade the past week, a good many retailers
from Texas and other remote sections of the country having
appeared in the market, while very fair orders for fall goods
were received by leading jobbers through the medium of
their traveling salesmen.
At firat hands the demand by
buyers on the spot was only moderate, but a good many
re-ordera from interior markets were reported by the cotton
goods commission houses, and there was a somewhat freer
inquiry for men's-wear woolens and imported fabrics by
wholesale buyers. Accounts from distiibuting points in the
West and South are generally favorable the fall trade hiving
already opened under very encouraging auspices and dealers
in the Middle and Ei£tern States anticipate a satisfactory
autumn business as soon 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
from this pore for the week ending Aug. 2 were 6,307 packages, valued at |373,787. These shipments include 3,146 to
China, 1,829 to South America, 401 to Mexico, 835 to the
East Indie8,203 to the "West Indies, 183 to Europe, 175 to
Since
Central America and 35 to all other countries.
the 1st of January ths exports aggregate 119,671 packages,
valued at |7,073,777. Of this total China has had 63,226
packages, valued at |2,993,593 and 23,766 packages, valued
For the similar
at f 1,706,917, have gone to South America.

—

—

;

period of 1886 the exports to all ports reiched 138,548 pickages and in 1885 were 110,858 packages. There was a good,
steady movement in plain and colored cottons, cotton flinnels, etc., on account of back orders, and new business was of
Stocks of
fair proportions, though by no means active.

manufactured cottons are exceptionally small, and prices
remain firm all along the line, print cloths alone having
weakened slightly towards the end of the week, Ptint cloths

Domestic Woolen Goods.— The situation

in the

market

for

men'd-wear woolens has not essentially changed.
Light
weight cheviots and worsteds have met with more attention

from

and cheviot suitings werj fairly active in some
low and not very remunerative to
manufacturers.
For heavy clothing woolens there wa« a
moderate re-order demand by the wholesale clothing trade,
and siles, coupled with deliveries on ac.ount of bick orders,
reached a fair aggregate amount. Cloaking.-i other than a few
specialties were in light demand, and there wa? a fair bunineai
in Jersey cloths and stockinets at firm prices. Satinets, Kentucky jeans and doeskins were distributed in fair quintitiep,
and values are st'iady and un^hinged. All-wool and worsted
dress goods were fairly active in movement and demind. and
leading fall makes are well sold up and therefore firm. Flannels and blankets were in moierate reqaest, and there wai a
fair business in carpets, shawls, skirts, wool hosiery, heavy
shirts and drawers and fancy knit woolens.
Foreign Dry Goods.— There was a steady movement in
some descriptions of foreign goods in execution of back
orders, and new business was rather more active, in spite of
somewhat unfavorable weather conditions in the fora part of
the week. D.-ess gools, silks, velvets and plush»s ware more
sought after by jobbers and retailers, and there was a satisMen's-wear woratels and lightfactory trade in ribbons.
weight cheviots were in pretty good demand for future declothiers,

quarters, but prices are

livery, but prices of the latter are slightly in buyers' favor,
because of the keen competition of domestic cheviots. Linen
goods, laces, embroideries and white goods were taken in relatively small parcels to a fair aggregate amount, and there

was a fair business in B'itiah, Garm*n and French hosiery
and fabric gloves. Staple imported fabrics are generally firm
in price in this market, and values are steadily maintained at
the sources of supply abroad,

Importatloma of Drr Qootf*.
The importations of dry goods at this port for the week
ending Aug. 4, 1887, and since Jan. 1, and the sanse facta for
the corresponding periods are as follows:

?

^H

§
B

§:::!
s;

1
^i

w

'

•
t

:

:

:

;

s

o

1 m

.

i

*?

S i

i
J

M oto

to

h->

:o o* 03

lUOD^JOS^

to

H

3

o y» at »o »-

to

to

:

1

:

CO

:

:

!

;

:

;

;

1

t

4
SI

i(^

u:o
w^-

aowtp-io
IOXM»;vl

:

:

!

!

!

:

•

f

i

-J
OS

m
(oajTcocoD

I

:ii:: ?
.

!-•
It'

?•

a

COlfk<0K3O»
to

1a vs
^1
•9
"i
xS

M MM-qtO*J
* GOW©COw

p«o«^o»

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MWI-'-jCW

too
oo<

to

OS
03 OS

S:

Iffifi
•

iiiiii
:

rr
Vt

n
m

ffi

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(0

;

P

<i^

rn
10

1
'

:

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§;
a-

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•

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h^9fi

f3"9ff

|sr||l

'at

O«-l'yt03 03

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C3H-c»«aD

f Si

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t=,S
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i^r-*.ciy

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to
to

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to

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tOioca^A
^aitoM^

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aocj<o»co

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:

:

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—

.

nEPORT
FOIKTU
R

<»F

XLV.

Statements.

gjtttli

MERCANTILE NATIONAL BANK

NATIOXAI,

theSlateof New Vork.atthe close of buslAagust 1, 1887
RZSODHCES.
t!8,Bt)3,4n5 51
, and discount.
.....;.'.

400,000 00
fe'^'nd^toVeCTreolrculiVlon
»ther»tock«, bonds and mortiwges....
f™-^!? »^
I,4Bo.«91
93
banks
5»e from other national
i«efromSiate banks and bankers
JS-5;d 5^
Imleslate. turnitureand Oxtures....
«"9'92S 50
U..M9 ?S
taxes paid
t^mnt expenses and Items
,, /Sf"?,.. S5
«*eck» and other cash
Kxchansies f or Clearing House
"•'•JiE^
15.00O /,
ou
...........
IM» of other banks
«4
gjctn paper currency, nickel. 4 cents
^^ 10«

^
8s«.96o
80,0u0 00
deposit for legal tenders
Bedemption fund with U.S. Treasurer
,„.,„„
18,000 00
cent of circulation)
»«.067,04« 83
^gtal

w

^1
KB.otfs.of

tinderniw.::::.'.'.":.'.:::::".:---..-

^^

LIABILITIK8.

*plta! Stock paid

in

»®'I2S-,^ So
SS-X22 22
Sli'^ SS
^•9SS
2S
SiH,4«* vy

Sttrplosfund
prollts

•••••v,

national bank notes outstanding
WTidends unpaid
tolWldual deposits subject to check.
Demand certiflcates of deposit
SMbler's checks outstanding
Due to other national banks
9a« to State banks and bankers

88,957,254 82

.

25'??!;

?S
^^
9,429.10. Oo
7Ho.i6e 88
$t2,0«7.046 83

m.uu

Total

Rateof New York, County of New York, »»
1, Hbnbv BDCKHOUT.Cashier of the above-named

tank, do solemnly swear that the above statement
totroe. to the best of my knowledire and belief.

HENRY BUCKHOUT.

Cashier.

Subscribed and sworn to before me. this d day
i>. O. FANNING.
Notary Public.
Correct— Attest
.

»f .Ingnst. 1887.

CHAS.
R. T.
O. D.

SMITH,)
WILSON, y Directors.
8.

BALDWIN,

)

OF THE C(»NDIT10N OF THE
REPORT
{.•OXTINENTAL NATIONAI, BANK of

of the City of New Vork, at the close of business
AuKUSt,l, 1887:

RESOURCES.
'

bonds to secure circulation
Other stocks and bonds
Real estate, banking house

U

s.

.

Aoaos and discounts
©rerdrafts
If . 8. bon ds to secure circulation

$4,378,639 97

15 26
50.000 00
55,-500 00
139,955 41
289,753 10
2i^,49l o2
885,000 00
200,000 00
8,446 49
14,Hfl8 75
13,352 34
5,396,333 46
4,700 00
185 48
702,722 33
675,607 00

ll„ 8. bonds on hand
•tber stocks, bonds and mortgages
Qnfr from other national banks
Sue from State A private b'ks A b'kers

Banklngbouse

(HbOT real estate
Current expenses and taxes paid

Fremiums paid
Checks and other cash items
Bxchanges for Clearing House
Bills of other banks

Tractional currency (Including nickels)
Specie
l>fnl-tender notes
Redemption fund with U. S. Treasur2.250 00
er {5 per cent of circulation)
Uotal
112.242.621 IS

LIABILITIES.
a»plt«l Stock paid In

Bnrplnsfnnd
Undivided profits
Nfttfooal bank notes outstanding
BtTkiends unpaid

11.000,000 00
200,000 00

10M39

„; ,;aaj.\
$1,510,903
432.400
14,424
9,375
785,090
Exch 's for Clear'g House
471,873
Due from national banks
Due from State b'ks and
19,951
bankers

Legal-tender notes
Ullla of other bunks
Checks & oth. cash items

.

Acceptances
Cuhler's checks

U. 8. Treas. (5 per cent
of circulation)
U. S. Treasurer
other than 5 per cent

28
57
73
77—5.440,408 33
5,442,342 32
277 19
.112.242 U21 13

MAR-HALL.)
Directors.
RANDOLPH. |

H.

FK BDERIC r A YLOR.

EDMUND

D.

07

42,760 00
1,000 00—3,287,767 39

$10,992,176 S3

Total

liabilities.
$1,000,000 00
400.000 00
96.881 53

Capital stock paid in

Surplus fund
Undlvldedproflts.net
National bank notes outstanding
Dividends unpaid
Deposits

86.5.000

1

;

JAMEil
8.
J.

E. NICHOLS,)
MILLIKBV,
^

M.

M.

WKNTZ.

Directors.

S

resources.
Loans and discounts isee schedule)
Overdrafts
U- S. bonds to secure circulation (par

$16,620,407 99
7.81i 14

value)

50.00000
301,440 13
2,427,911 50
256,785 25
3u7,.353 84
41.503 84
349.252 56
6,18:!,266 10
64,105 00
1,658,891 81
1,576,000 00

Real estate
Current expenses and taxes paid
Checks&oth'r cash items(see schedule)
Exchanges for Clearing House
Bills of other banks
Specie
Legal-tender notes
Due from U. S. Treasurer, other than
5 per cent redemption fund

$28,916,229 16

$5,000,000
Surplus fund
1.305.000
Undivided profits
264.494
Dividends unpaid
15.e82
Individual aeposits subject to check... 13,020,022
Demand certihcates of deposit
39,808
Certified checks
2 474 ',(74
Due to other national banks
4,6S9,293
Due to State & private banks & b'nkers 2,09-,654

„ T.ital
State of NewYork,

00
00
03
60
66
05
59
13
30

$28,016,229 16

County of New York, ss:
I. Edwaro Burns. Cashier of
the American
Exchange National Bank of the City of New York,
do solemnly swear that tlie above statement is true,
to the best of my knowledge and belief.

EDWARD

BURNS, Cashier.
me this 5th day
Bennett,

Notary Public Kings Co.
Cortiflcate filed In N. Y. Co.

BAYAKD CUTTING,
T. TEKRY,
DUMONT CLARKE.
W.

CONDITION" OF TIIF
NATIONAL IJANK, at "w

JNO.

)

^Directors.

fcjohanges for Clearing House

3,i() ^^
590 000 00

519760 00

...

li«

'^31

m

legal tender'nitesV.'.'.'.'.V.;;'.'..;
«eiIemptlon fund with U. 8. Treasurer
<S per cent of circulation)
.;
Total.

U. S. bonds to secure circulation

3.83R.772 22
i^ iVin no
54 49

Jroeilpapercur'ncy.ulokelsAcents'.!

August 1. 1887:
RESOURCES.
Loans and discounts
^

,S4

26'6IA
..

close of business

38

6*304

50r850 75

Wllsof other banks

CONDITION of the
T}^KP,RX>i?.?jn»
IV WESTERN NATIONAL
BANK of the
City of New York, in the State of New York at the

152' 430

''Iit'SS
•^'^ '•" ""

26550 00

Other stocks, bonds and morrgages
Due from other National banks
Due from State b.inks and bankers
Current expenses and taxes paid

Kxolianges f ,ir Clearing House
other banks
Fractional paper currency.nlsando....

$6,768.919
60.000
5.000
369.612
25.U00
7.H60
585.456

""'"

»1,000.000 00

Legal tender notes
Due from U. 8. Treasurer (other than 5
per cent redemption fund)

"

''mi'm? q?

Sonio 00
528,C90
7(15 00
8 606 aw «a
-

Invldonds unpaid

Individual deposits subject to check..
Bemana certiflcates of deposit. .;..:.
".
Accepted drafts
Caahler's checks ouutanding
..
Joe to other National banks
Una to State bank, and bankers.... ..

'

3

4S43

S

ooJ'sfla v,
2i)l'751 Sii

loisiis

yi

si'losS 82

^

«ale"of JieW York.' Coiintyof New York "If '"* '
I. AiiTiU'R W. Shekman,
Caahlerot the above

s|!^eSh^,^t^|e;rTH

iS

5gc.b„^d.w,r^-^«^p-,
*"

Sorrect- Attest:
F. T.

TAPPEN.

NoUi?i Public.
Puhll,.

A. K'lOSEVELT,

ADRIAN

ISKLUN. Jr..

)^

{Director.
'"""'^°"S

_

Undivided

25.000 00
$7,703,240 28
$8,600,000 00

profits

22,.f2»

37

Individual deposits subiecttooheck..
Demand certiflcates of deposit

1.255.129 75

Cashier's checks outstanding
Due to other National bank.
Due to State banks and bankers

85,197 31
2,312.032 00
386.746 90

400 00
161,404 95

Certified checks

Total
Stite of New York,

t 7702,240 28

aty and County

.

f

New

York.ss.:

.. 1
Blankenhorn, Cushler of the above-named
bank. do so emnly swoar ihiitth,' ab..ve statement
is true to the best or my knowledge
and belief.
i<

,

.

F. lii.A.MvK.NIIORN. Cashier.
_.
„
Hubsprlhed and sworn lo before me this 3d day
August, 1887.
W. 8. M.lTTIIl;«s,
Notnrj Public, N.T. Co.
.
.
Correct—
Attest
C. N.

JORDAN,

C.J. c A N 1) A,

61
00

00
00
89
9«l.v;66 41
28.501 60

637,681 16
6,554 89
21,837 36

Total

..$13,414,474 38

LIABILITIES.
Capital stock paid In

$1,500,000 00
500.000 00
203.867 93

Surplus fund

Undivided profits
National bank notes outstanding
Dividends unpaid

00
26.912 60
42,2t)0

Individual deposits subto check

$2,427,877
Demandofs. of deposit..
81,188
Certified checks
670.050
Cashiers cks.outstand'g..
56.1^7
85.000
U.S. deposits
Due to other nat. banks . 6,393,243
Due to State bks i, bk'ra . 1.537.956
J,;ct

81
37
26
75
00
73
2 3-11.141,503 95
$13,414,474 33

Total
State of New York, County of New York. ss.
1. E. II.
Pui.LEN. Cashier of the above-named
bank, do solemnly swear that the above statement
is true, to the beat of my knowledge and belief.
E. H. PULLBN. Cashier.
Subscribed and sworn to before me this 3d day
JAMES Walsh,
of August. 1887.
Notary Public, Kings Co.
Certificate filed in N. Y. Co.
Correct— Attest

JOHN JAY KNOX.
CHAS. R. FLINT.
> Directors.
OLIVER S. CARTER,
)

OF THE CONDITION OF THE
KEPOHT
HAN'OVKR NATIONAL HANK of the

City of New York, in the j-tate of
close of business August 1, 1887:

New

York, at tho

Loans and discounts

$10,059,268 48

Overdrafts
U.S. bonds to secure circulation
U. S. bonds to secure depnsiis
Other stocks, bonds and mortgages
Due from other Nat. banks
Due from State banks and bankers
Current expenses and taxes paid

1,679 55
50.000 00
600.0<i0

00
3.000 00
874 607 00

...

Premiumspaid
Checks and other cash items

?)xclianges for Clearing House
Bills of other banks
Fract'l currency, nickels i cent.

Specie
Legal tender notes
U. S. certiflcates of deposit for legal-

51
88
00
18
23
00
1*22 39
3,379,457 00
563,020 00
177,452
21.616
140,000
36,275
1,777,357
8.470

70,000 00

tender.<

Redem pi ion fund with

U. S. Treasurer
2.260 00
per cent of circulation)
$17,663,671 11
Total

(5

LIABILITIES.
$1,000,000 00
725,000 00
133,8.h8 8T
4.^,. 000 00
4.578 00

Capital stock paid In

Surplusfund
Undivided profits
Nati-mal bank notes outstanding
Dividends unpaid

Individual df-pusits subject to chock
$ 4,598,4(9 65
1,150 82
Demand ctfs of deposit
779,157 23
Certified checks
234,467 05- 5,618.214 75
Cashier's ch'cksoutst'd'g
600.000 00
U. S.dpposits
Due to other nat'l banks 6.827.495 33
Due to State bks.&bkrs.. 2,814.400 19— 9.641.805 62
$17,61)3,671 14
Total
State of New York, County of New York, Bs.;
I, JAS
DoNALl>, Cushler of the above-named
bank, do solemnly swear tiiatthe above statement
is true, to the bi\st of my knowU'dgo and belief.
JAS. M. DO.NALl'. Casnier.
(Signed)
Subscribed and sworn to before me. this 3d day of

Auuust, 1887.
Correct— Attest

)

f

EDUAUDO aOOORZA.i

John

C.

Ryeh,

Notary Public, N. Y. County.

:

PACKARD.
)
SAM'LC. BUKDlcK, )
SIGOURNEY W. FAY.J
M. N.

(SIgdod)

Directors.

9,',

LIAEILITIBS

,.

,
Capital, stock
paid In

198
50,000
100.000
2.000
475.542

$10,7.53 01
1,108,401 42
03,963 00
Bills of other banks
Fractional paper currency,
132 28
nickels and cents
2,089,264 .39
Specie
4i9,4i4 00
Legal tender-notes
Redempt'nfund with U. S.
Treas. (5 pr.ct.of olrcnl'n)
2,250 00— 3.694,179 00

^inaucial.

24,2i;0

f'Pecie

Total

'"—"""•"

98
00
00
62
98

32
CO
3 53
337.744 00
483,443 00

Bills of

.(11.125.184 66

i5?Jl5'.'f uSd
Fn&vlded priflts .'.'.' .'..";:.':
Rational bank' ".'?''"
notes outstanding
outstandiiiir'
......
H

$7,436,706 56

M

S

1887:

»3,993,627 11

RESOURCES.

.

;il,500 00

LIABILITIES.

Sworn to and subscribed before
of August, 1887.
J. J.

1887:

RESOURCES.

Other stocks, bonds and mortgages
market value (see schedule)
Due from other national banks
Due from State and private banks and
bankers (see schedule)

Total

or

1,

Loans and discounts
Overdrafts
U. S. bonds to secure circulation
U. 8. bund' to secure deposits
U. S. bonds on hand
Other stocks, bonds and mortgages....
Due from other national banks
Due from StHte banks and bankers
Real estwte, furniture and fixtures
Current expenses atid taxes paid

BANK, at New York, in the State of New York, at
the close of business on the Ist day of August, 1887:

York, in the State of NewVork, at the close ol busi-

RESOURCES.
and discounts
52^1
OTwarafts
V. 8. bonds to secure circulation
vtpar stocks, bonds and mortgages
0De from other National banks
Una from State banks and b:inkers
Kaal estate, furniture and fixtures
mrrant expensesand taxes paid
C*eck« and other cash items.

Augu,t

OF THE CONDITION OF THE
REPORT
AMERICAN EXCIIANtiE NATIONAL,

Correct.- Attest

OF THE
REPORT
«;A I.LATIN

00

1,416 00

$2,860,906 07
Individuals
4.042,076 31
National banks
1,517,10 43
State banks and bank'rs.
1 ,947 40
Demand certs, of dep'sit
checks
149,734 09
Cortilied
55,032 50-8.636, 876 80
Cashier's checks outst'g
$10,992,176 33
Total
State of New York, County of New York, ss
1. Fred'k B. Schenck. Cashier of the above-named
bank, do solemnly swear that the above statement
Is true, to the best of my knowledge and belief.
FRED'k B. SCIIKNCK. Cashier.
Subscribed and sworn to before nie this 3d day
of August. 1887.
F. A. K. Bkyan.
Notary Public. New York Co.
Correct— Attest;

:

CHABLE3

9L

Due from

redemption fund

business,

Premiumspaid
Ch'ks and other cash items
Exchanges for cl'lng house

.S4

Capital stock paid in

Total
of New York, County of New York, ss:
I, Altked H. Timpson, Cashier of the aboveamed bank, do solemnly swear that the above
•tatement is true, to the best of my knowledae and
kcDef.
ALt-BBD H. TIMPSON, Cashier
Subscribed and sworn to before me this 5th day
Edwi.v F. CobeV
US August. 1887.
Correct— Attest
Notary Public. New York
'"'^''^°Co

Ute

iV
57
00
00
50

Redemption fund with

57

9.093

22
00
75,000 00

.

Specie....

45,fl00 00

..

sapeafts:
Individuals
$2,495,751
Sationil banks
2,324,570
State blinks i. bankers.
6.6,993
Certiflcates of deposit...
.3.152

„^-^
200,000

Premiums paid

York, at the close of business on the 1st day
•f Angust, 1887

RESOURCES.

$6,476,032 00
34ft 94
950,000 00

Loans and discounts
Overdrafts

Vew

1.

:

OF THE CONDITION OF THE
OF THE REPORT OF THE CONDITION OF THE REPORT
NATIONAL BANK OFTHEREPUBLIC,
THE CONDITION
HANK, at New
at New York, in the ^tate of N. Y., at the close

in

aau August

i

fVoL.

statements.

^jiMli

'§nnk statements.

tDdlTlded

:

:

THE CHKONK^LK

188

fort

:

Director..

FIDELITY
No.. 214

&

216

ac

CASUALTY

CO.

BROADWAY, NEW YORK.

Cash Capital. $250,000, Invested

In

U. 8. Gov't Bond.,

$200,000 deposited with the N. Y. Ins. Dep't, for
the protection of Policy-holders.
Assets, January 1st, 1887, $678,105.
OfSclals of Banks, Railroads and Express Companies. Managers. Secretaries, and Clerks of Public Companies, Institutions and Commercial firms, can obtala

BONDS OF SURETYSHIP
Conipanv at moderate charges.
of this Company are accepted bT
oonrt. of the various States

from

this

The bonds

tlia

CASUALTV DEPARTMENT.
Policies Issued against accident. cau.Ing death of
totally disabling injuries.
Full iniormation as to detail., rate., &o., oan bt

obtained at head office, or of Company's Agents.
W.M. M. lliciiAiuis.Prest. Geo. K. SEWAui).V-Pre.t.
UuItT.J.HILLAS.AsSt.See.
JOHN M.CRAN£,SeC.

DIRECTORS:

A B. Hull.
Alex, iwitchell,
Geo. 8. Coe,
J S.T. Stranahan, H. A. Hurlbut, A. S. B.irnes,
J. D. Vermilye, .I.O.McCullough
Alex. E. Orr,
John L. Kikcr, Thos. S. Moore,
G. G. Williams,
Wm. M. Richards.
Geo. F. Seward,

\
i

]