Full text of Commercial and Financial Chronicle : August 6, 1892, Vol. 55, No. 1415

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

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AND

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xmtk

W

HUNT'S MERCHAT^TS' MAGAZINE,
REPRE33ENTINQ THE INDUSTRIAL
Enter* d iMsoordlnK to Aol of OouKress, In

VOL.

AND COxMMERCIAL INTERESTS OP THE UNITED STATES

year 1892, by

tlie

Wh.

Dana A

B.

Oo., In the ofUoe ol tbe

SATUKDAY. AUGUST

55.

6,

whole country shows a decrease in the
aggregate from the preceding week of 74' millions of dollars.
Contrasted with the similar period of 1891 there is an increase
of 5-9 per cent.
aniina July

Week Bnd'g July 23.

30.

New York

632.»16,8e8

615,917,456

(087,123)

(1,067.181)
(492.800)
(36,190,150)
(510,000)

P. Cent

New York.

iCotton
iOrain

^u»)wJ^.)

6W».)

iPetTotcum

Boston

+8-8

670,338,980

+19-0

Sprlngaeld....

(+21-C)

-432)

(724.989)
(489,500)
(18,588,555)
(280,000)

Portland
Lowell
New Bedford.

(7U.700)
(20,657,200)
(24,000)

81,152,861
4.873,100
1,761,676
1,808,405
1,170,097
1,084,402
1.180,175
666,587

-96-8)

+1-7
+10-3
+10-6

(-1201
(-58-7)
(+«2-5)

4&1,10»

9a,812.4U

94,237,442

+2-5

70.857.2v17

4-23'7

-11-4
+14-4

-06

18,193,417
14.072.019
8,059,257
2,005,791
1,692,750

7B2,278
»38,588
231,900

61,897.011
11,920,067
13,273,118
8,593,908
1,499,383
1,8:2,358
666,991
830,249
238,900

+21-1

+16-0
+13-0
+6-4

913,818
1,285,879
285,300

103,159,113

90,561,588

+18-9

115.325,263

+135

97,414,719
13,737,450
8,314,058
6,025,051

-(-21-7

Columbus

2,9U,«O0

78,101,101
10,793.260
6.2r7,231
6,142,731
4,893,770
2,810,200
2,038,591
1,439.103
743.100

+17-6
+10-4
—2-3

Detroit
CleTeland

91,817.502
11,916.000
8,132,057
0,564,075
6,131,924

BprluKtleid....

Worcester....
Portland

Lowell

New Bedford..
ToUl New England.
Philadelphia
Plttabnri!

Saltlmore

7,012,4S:»

DlTalo

1.6S1.510
1,083,869

Washington
Bocbester
Brracuse

wllmlnKtun

Bingham ton
Total Middle..

Qilcago
Cincinnati

Milwaukee

Indianapolis...

Peoria

Grand Rapids.
LeilQgton

ToUl Middle Western.
Ban Francisco..
Portland
Bait Lake Clt7.
Seattle

Tacoma
Oreat Falls

Helena*
Total Pacinc.

Kansas City
MinuoapoUs
Pajf.

Omaha
Uenrer
Duluth
Bt. Joseph
BlouiClty
Des Moines

Topeka
Total other Western..
et. Louis
New Orleans
LouisTiUe
ftleiui'ius
l(.iiiiii...ud

GKlVL':.tOn
U..Ui.i.,n
Ni.ri...lc

Worth
Birmingham
Wato
Fort

Chattanooga
BaTannab*
Atlauta

Total Southern....
all

York..

Montreal
Toruulo

UalUax
Uamlitun*

TotalCauads,
* Mot laelBdea
la totals.

6,4'!7,191

481,888

—5-8

113,735,983

+13-9

137,716.671

16.794,0671
1,U71,990,
1,303,108

17,837,960
1,780,009
l,53t,428
735,598
939,708
683,883

-6-2

—15-3
+17-4
-H-2
-19-8

360,000

+341

13,813.056
1.699,411
1,700,000
969,767
825.678
721.557
417.797
1,511.287

663,401

469,463
469,651
1,096,462

4-21-8

-50

-6-3

20,287,169

7,884,102
4.838,423
4,667,39a
3,948,951
3,738.058
1,818.031
1,358,784

+10-8

8.541.446
7,330,591
6,185,781
8,282,758
6,124.351

+-U0

20,709,107
5,648,118
0,238,913
1,067,084
1,652,417
1,482,220
1,125,815
l,611,32j
911,880
653,811
120,4S1
478,621
311,902
370,000

Pittsburg
Baltimore

273.077.012

+9-8 2,218,068,031

-(-21-5

Buffalo

+0-2

+100
-1-30

+04
+13

—

Washington..
Uocheater
Syracuse
WllmlDgton
Blnghamton..
.

Chicago
Cincinnati
Milwaukee....
Detroit

453,21)7,117

232.903,509
59.409,174
45.211,830
28,074,233
26.517,458
7,801,800

1,895.093,570 +1TD
393.597.405
410.239.933 -1-10-4
216.197,811 +7-T
52,850.-203
48,519,550,

+ir6

25,878,331
21.70J,109

+88

+8-9
-I-7-*

T,190.700| -Hfl-O

38.3,129,783 +16-5

2,814.553,789
428.830.500
196.390.313
191,833,102
163,671,596
103,143,700
67,914.230
66.719.787
27,778,814
13,610,723

2,419,411,180; +181.

5'j,829.850
i!7.197,711
29,-77.19ll
25,407.831,

Cleveland

Golambus

14,995,400
5.986,947

Indianapolis-.

Peoria
(Irand Kaplds.

i

55,581.150
24.537,937
26.793.971
23,933,375
13,061,800
9,503,038
6,711.258
3,721,535
2,121,111

+7-7
mo

+11-1

-1-82

+14-8

-37-8
+21-8
+18-3
-7-7

381,291,200
193,238.638
173,704,135
146.098,903

+11-6
+19-T
+12-0

4-1 8'*
8].416.'>0) -1-17-6

53.;61,019 -1-4
61,732,712 -t-9-6
21,763.413 +12-8
13.033,878 +4-»

....

8,182,689|
4,82 11.830
1,037,019,

Tot.M.We8t.

600,817,603,

529,055,291 +18-6

Ban Francisco.

67.U2.191

7.5,255.837 -10-3

Portland

8,792,4931

+26

Salt Lake City
Seattle

-t-35-7

Los Angeles..

8,373,500
4.925,979
3,587,088
2,857,011

7,772.773 +13-1
7,200.636 tl8-3
3.829.081 +28-6!
S.895.719 -7-2
3,100,83- -7-91

Total PaclHc

95,678,280

101,021,922

-5-3

641,718,339!

678,997,011

-5-0

39,339,931
31,801.097
23.116,572
28,624,138i
22,008,383'
6.391.561
7.303.383
4,398.227
4.372,171
2,180,383
2,237,000
1,813,810

35.151,,30.i
25,37.'i,,2JS
2J.817,,123
18,211,,537
20.173,,912
8.292,,881
7,175,
3.531, 4,17
8.188. 398
2.199,,212
2,289.1,891
1,509,,562

+11-9
+23-8

2?3. 182,222,

250,9.35, 193

+9-0

223.533.201
113.793,193
181,333,418
149,8)0,623

171.628, 610 -t-sa-i
138.535,.193 +17-8
121.313,,909 +35-«
132,2)8,,-238 +13-8
»3,0/7,,027 +2-4
46,115,,78) +15-5
29,3-29,.328
9-4
23,517,J43 +27-9
15,413.,579 -j-5-r
13,752.i,933
+22-8

i-12-5
-i-27-6

+7-2
+12-»

—415
-f33-7

—11-1
+1S-9

Lexington

Taooma

Kansas

Cltr..

—HI
--110
-

-27 8

Paul

St.

Omaha
Denver..

--281

Duluth

--31-4
- -10 3

St.

-1-28

8

..

.

Joseph

..

Sioux CitT

..

DesMolnea.
Wichita

+1-2
-I-8-9

Topeka
Tot oth'rW.

-H08

+3-2
-Hl'8
+8-3
—22-0
+3a-8

St.

-1-330
-1-300

Oalveston

Louis

171,290,498

+5-8
+11-2

Chattanooga..

-)-3i-8

213,808,139

+48 6

Total aoath.

1,823,077

-H159

-H6-8
-6-8
+6-5

:2,498,259
1.532.8,11

-11'7
+2-1
+2 2

442,483,417

-h8'0

423,197.025

7.42 2,8 ;7

-H"-i

— lD-8
-1-02
—5'0

934,529
738,146
491,914
488,123
830,000
481.600

+0^
+»•»

8,282,135,383, 3,119,928,802

8,072,295,993 -).i4.t

23.535.195
8,819.135

-20

-1-9

18,896,

3,613,681,738

+19M

-f6-S

+7«
+11-9

22,8*7

-h«-6

38,712,610.

—Wo
—5-2

-Z-4

+10-6

458,198,885

+16-9

1,133,181
1,600,000

85,009.698,
26.513.327i
13,911,082,

:fi-e

488,526,850

+11-0

-t-8-2

87,88;l,18ll

-30

41.313,
86,616,
15,803,
85,689.

+5T

3

339,409,

+11-2
+5-4

+9-4
4-9-9

81.408.189,

18 2

IVi

1.431.122,
1.808,81 1
856,2571
800,000,

43,287,029
40.427,077

83 180,158 -0-04
36.802,9971 -7-2
7,531,148: +17-7
6.707.1971 +5-5
4,298.818 -9-0
3,908,838 +1-6
1,181,300 +0-6

11-1

-

21,878.677
6.336,220
6,572,835
1,563,521
2,411,1&5
1,377,093
1,187,285

+48

-05

--48-7

80,658,683

467,152,618

503.372
508,779

-f
+60-3

4811.01;

~35,709,008

189,90J,311

100,027,298
29.023.812
31,181.280
7,718,189
12,100.0)0
6,590,657
4.901.810
7.111.830
3,119,3J9
3.911.918
2,103,583
2,101.741
1,571,211
1,972,000

682,150
627,912
»0j,833
822.787

+191

Philadelphia..

Lincoln

23,808,282

8,896,327
8,011,456
6,214,995
6,265,861
4, 580,961'
1,353,991
1,420,744

+11-2
+33-3
+22-1

-f251
+8-1
4-14-2

Minneapolis..

22,660,609,

698,117
412.262
422,656
349,174
878,0J0
915,350
838,812

DalU...

til
+2-6
—55-1
+13-8

436,007

1,38«,')65
866,8v)4

Na.ilville

—49

2,321,008

-8-7

-1-129

Total Middle

128,439,610,

815,412
933,758
533,961
483,187
358,560

Wichita
Lincoln

106.896,330

+97

8,370,800
1,239,037
1,838,500
1977.193
114,581

W14,78«
1,6S1.469
901,921

9'8,9»l,

Los Anveles....

Mew

62,871.166
14.765,028
12,622.7»l

+16-9
-3-8
+5-8
-6-7
+27-0

91,532.361
6.243,)00
2,278,882
1,667,9J2
1,360,498
1,320,516
1,200,238
783,803
402,937

+5-0 2,896,779,243 2,711.179.,632
+7-9
161.032.300
158,319.,700
-2-3
68.229,141
64.491).

403.890.178
22.485,600
11,220,581
7,488,600
5,576,130
5,357.823
6.787,835
8,397.6!1
1,919,638

3.81'5.602

Total N. Eng

82,754,604
4,420,000
1,533.771
1,188,243
1,000,917
l,10a,0ll
1,115.351
713,213
855,296

Providence....

Hartford
New Uaren...

Outside

421,167,772
24,287,800
10,981,785
6,988.787
6,097,302
6,883.1i4
5,612.421

Providence....

P.m.

1391.

+4-1 21,187,908,779 18,633.888,170 +16-0

8,578,478,712 2,478,116,218

...

Worcester
thara.)
bala.)

IStncKt

1892.

1891.

Hartford
New Haven...

aii« of—

Seven Months.

July,

Boeton.
1892.

1891.

Total

1,415.

total for the

ITssk

8t.

NO.

1892.

For the month of July the increase oTer a year ago
reaches 5'8 per cent in the whole country and 7'8 per cent
outside of New York. The aggregate since January 1 exhibits
again over 1891 of 13'6 per cent.

CLEARING HOUSE RETURNS.
The

Ubrarlan of Oongreas, WaslUnf^n, O. O.

-1-88

New

Orleans..
Louisville

Memphis
Richmond

—

Houston
Nashville
Dallas
Norfolk
Port Worth...

Birmingham..

Waco

fotalaU

8"

-f9-l

-22-8
+1-8
+23-8
^23-4

-1-7

-0
+7-1

480,355,828:
60,473.439
65,087.-231

31,117,8331
23,711,705,
21,959,130

51.353,463,

52,130,823
32,035,393
80,073,593'
16,299,693
19,838,319
11,532,601

143,93S,»59,+15-0 Zl79,3«,2r7
95,633,663
27,831.808,

30.532,518 +2-1
9,103,358 +20-4
ll,lj0,),115

+5-2

9,107,139 — 27-8
4.457.137 +10-0

-16-8
+i-4
-3-3
2.011.371 +2-9
2,2:8.171: -7-8
1,891,192 -18-8
2,021,000: -2-4
8,-)8 1,823
8,1')-2,030,
4,18,!,7'.)0

631.8}1,978
279,833,833
219,891,711
82,931,174
75,287,813
61,261,8321
48,745,816
66.630,033
29.907.338
23.823,191
16,555,333
16,572,751
11,993,599
13,623,033

•209,977,878| +1-8! 1.938,667,617

4,933,207,371 4,382^464,102

OnUlde N. Y.

+62-7

4,030,310,8551 3,531.611,138 +15-1

498.101,331 -9-6
63,331,131 +18-8
47,883.091 +18-6
80.609,073
27.111.8J3 +i3
21.210.221 +8-»

+

11,317 893

+21

993,892,248 +18-4
632,201,316
803,111,032
219,203,118
71,957,201
69,838,8^1
73,433,019
41,463,973
63,221,024
23,898,730
29,507,239
21,198,173
19,302,939
17,491,939
14,463,030,

+9-4
-7-7

-W»

+16-1
+7-8
-16-a
+9-«
-13-1
+4-8

-88

—28-0

-141

-in

1,610,106,174] +],-t

+5-6|35,811.807,118,81,343,018,37l|

+181

+76 11,338,893.339 13,031,181,20ll+l»t
&c., for seven montha is aa followst

2,039,730,639 l,911,317,83ll

Out compilation

of sales,

-U-8

+186

+5-8

+151

Stmn Jfonfu.

Seven Uontlu, 1832.

OSMHyUon. Par Value

I

or Quontltv

1.082.510

.Actual

Av«r'at

Par Value

FoIlM.

Price.

or (]uanl(tv

1331.

Actual

4iiir'««

Valut.

pnc4.

|

1I68.3;6

8'<X'»{

46,334,386

42,624,37?

+6-6

48,640,800

861, 761.983

911,373,771

1.036,706.716

+160

431,803^7

S9»,426,316

+5 9
"+82

488,387.700

"+H-3

12,063,778
6,830,441
1,219,266
822,787,

8,715,633
5,272,000
1,377,162

19,223,475

15,365.0981

+88

3

-1-12-8

+10

12.810,713!
6,418,672
1,123,918
7ui,7;i,

r

1

+31-2
-l>-3

BH.

vSl''»l«IS37l

!

233 .733304

62-4

bonds.. »313.018,1>0, »3J2.93j.313' 797
tl.07-2.930
»1,2I3.031 118-1
bonds

(iov't

State bonds.

»1.902,230,

Bankitooks

1833.293

«1, .303,033, 133-8
il, 033,393 133-7

W13730393, 67-4
»172.0J7.100 135.470,112 78 8

|3,2!?2.V820)3 {

«315,2J3
1.916.703

t1,233,183,

»1,331.333 1198
8333,7111 80 8
»1.323,57;H»6

3,S98.703;,l)'«l,OMn25»9.' »S-J
Total... 11966313390 t3,147232703 63-1
13.1^
fOHe;
Pet'l'm.bbls
1-2.111,000
17,011,063 &7M0.
12,0Cotton., bis
19.101.700 S9M,639,483!«38-19
(iraln,baih.:llt7,13J,823 i962,'283,633:8S8-10c l.S32.:Ji
»3Mc

Total valne'

»1,807228'11'

1*3.90 137(m5

F«r table of oleariug* hr (elecrapk ••• !*>• 401.

;

'

THE CHRONICLE.

194

cotton

THE

is less

[Vol LV.

pressing.

In consequence of these facts
will open later

the interior inquiry for currency

STyiTE

AT\IC

CITY PEfyipTMEWT.

See pases 226, 237, 228, 229 and 230
and

for our State

City Department.

and City Bonds

All advertisements with relation to State
will likewise be found

on the same and following pages.

THE FINANCIAL SITUATION.

when

comes though, we

it

look

for

a

movement

Last 1st of August our
banks held $19,481,350 surplus reserve; on the third of
October this had been reduced to $3,102,750. That
usual proportions.

of the

may not be repeated. But we see no reason
why deposits which have been retained in the interior
at home should not continue in use there so long as
money remains low here, since it will be more profitable
week for the interior banks to get re-discounts in New York
experience

Congress has remained in session through the
When
World's Fair Bill, but a speedy than to disturb outstanding arrangements.
adjournment is assured now, a compromise on the rates for money go up in New York, then the condiquestion at issue having been reached. The unexpected tions would be changed and the continuance of the
continuance of the session, however, has not had any outflow would depend upon the growing activity of
fltrnggling over the

appreciable influence on businees, as

all

the disturbing

had previously been laid
Nevertheless a kind of
aside until the winter meeting.
restful feeling will no doubt pervade trade circles when
our Government legislators are actually homeward
bound, for a more irritating legislativ* body, threatening so many industrial interests by its proposed lawg,
never within our memory held its sittings at WashingAt the same time, when saying this, we are glad
ton.
to add that it has been many a long year since a Conpropositions so lately before

much

gress has developed so

one now about

it

conservative talent as the

The very badness

to adjourn.

of the

propositions introduced has apparently brought out
this notable opposition; circumstances have served to

help develop the

men

in conditions, but perhaps to floating suggestions of a
little less favorable crop advices and perhaps to rumors
aside from these there

men

conservative,

exports.

—and

day

is

call,

week loaned

representing bankers' balances, has
and at 1 per cent, averaging 1^ ;

at 2

made at 3 per cent, and banks and
companies quote 2 per cent as the minimum.
Time contracts have been in compnratively light request and the supply of money is abundant, but, as was
the case last week, borrowers want long dates while
lenders prefer short dates, and consequently the busirenewals have been

trust

ness

is

limited; rates are 2 per cent for thirty days

per cent for sixty days to three months

months

four

;

per cent

3^

for

;

five

;

2^

3 per cent for

months,

and

4 per cent for six to seven months on good mixed collateral.
Commercial paper is in fair supply only, and

names are promptly taken.

The demand

not urgent at current rates, banks feeling disposed

is

to

hold off. Rates are 3^@3f per cent for sixty to ninetyday endorsed bills receivable, 3J@1 per cent for four
months commission housa nam-js, and 4i05|^ per cent
for good single names having from foirr to sis months
to run.

European markets are without any feature of im-

The cable reports discounts of sixty to
Then ninety-day bank bills in London atf to |^ of 1 per cent.
another matter which keeps The open market rate at Paris is IJ to IJ per cent at
among our

and that

portance.

railroads.

;

the continuance of gold
These have been small nothing until yesteris

—

tlien

Money on
this

the best

in this case.

Nothing new of moment has occurred in industrial
affaire.
The first half of the week there was considerable exhilaration based upon the facts and circumstances
narrated in this columu last Saturday; the last half of
the week a kind of set-back appears to have developed, not owing to any real cause or established change

of growing rate troubles

business.

only 11,000,000 was engaged for ship-

If to 11 per cent, and at Frankfort 1^ per

Berlin

it is

cent.

The Bank

of

England reports

£61,000 bullion during the week.

a decrease

I'his,

as

of

we are

ment to-day. But reports earlier in the week had advised by special cable to us, was due to the import of
made the prospective shipments large; and besides, that £423,000 (of which £278,000 was from Australia,
is a movement the significance of which does not grow £124,000 from Brazil and £21,000 fro:n other places},
out of the mere
but wholly out
every shipment

fact of

an outflow, nor out of

of its

suggestiveness.

hits the

"funny bone"

The
of

its size,

truth

is,

and

to the

Britain.

shipment of £484,000 to the interior of Great
of France reports a gain of £353,-

The Bauk

our financial

000 gold.
Foreign exchange has been unchanged, so far as reLosing gold does not touch our loan market. Even gards nominal rates during the week. Brown Bres.
a first shipment through the Treasury Department to and the Bank of Montreal quoting ^-i^l^ for long and
ihe West has had in it no disturbing reminder of past 4-89 for short, the Bank of British North America
years' drains to move the crops.
Indeed, monetary cir- 4"88 for the former and 4"89 for the l.itier, and Baring
cles seem to have settled into the belief that this inierior Magoun & Co. 4-88 for sixty day and 4'89|^ for sight.
crop movement of currency is not to have its usual pro- Toward the close of the week the tone was a shade
situation.

portions.

The argument

Tery low at

this centre

is that interest has ruled so easier in consequence of
offerings of bills against
during months back that df- future shipments of grain and cotton, deilurs in these
posits belonging to interior banks have been kept small, staples taking advantage of the shelving of the Hatch
the funds being retained at home, finding employment anti-option bill until December, but the offerings,
in near-by operations. This view may be correct, and seemed to make only
a slight impression upon the
80 far as it refers to the gathering of deposits here of market and the demand for remittance was urgent
course it is, for our banks have discouraged accumula- enough to require
the withdrawal of $1,000,000 gold
tions by the lower rates paid; but we are inclined
on Friday for shipment to Europe to-day ; during the
to doubt the conclnsien.
That the demand will week $300,000 was also sent to Canada.. The market
be later, is beyond question.
A year ago wheat closed dull and barely steady, with ra'es for actual busiand cotton were both early, while the inquiry foi ness at 4 87 to 4 871 for lonj; 4 88 to 4 88^ for short; 4
88i
Vheat was very active. This year all crops are back- to 4 88^ for cable transfers 4
86^ to 4 8iU for prime
irard and the foreign call for both breadstuffs and
and 4 85i to 4 86 for documentary commercial bills.
;

.

1

A00C8T

THE CHRONICLE.

1893.]

e,

195

Bank clcariii<;s continue to emphasize one feature of is a comparative statement for these cities for eight
an months.
the industrial situation to which wo have frequently years, both for July and the
•

alluded, iianiply the largo volume of business in prog-

BANC

We

(000,000*
have this weok prepared our statements for
omUlea.)
New
York...
5"6
per
the month of July, and they show a gain of
Iloatoo
CliicsKO
cent over last year in the totals with New York inPhUadelphla
cluded, and a gain of 7-0 per cent outside of New York. St. Louis....

ress.

not as large a ratio of improvement in either
case as for the month immediately preceding, but on
the other hand July last year also showed a smaller loss

This

is

of increase,

New York

Outside of

than June.

be noted,

will

it

York, and that

is

is

the percentage

heavier than at

New

a fuct which has been observed in the

months immediately preceding. The following is our
summary of the monthly results since the first

usual

OUannai. Tbtol
1893.

Iftta Fork.

1891.

1892.

1891.

2,103.748,800

»~

»

P.Ot

t

Jtaanj....

6,652.36 1, 706

4.987.201.SS2 +13-8

rebnuuT
March

6,207.3iT.071

3.973,050.96.S +31-1

1,989.8)8.135

2,010.201,888
l,e«8.622,887

5,286.215.774

1.231,119.720

+251

2.035,569.251

1,788,018.198 +13-8

lit qoar.. 18.15S,9U7.611 13.174,380,936

+226

8,109.176.186

6,488.737,951 +11-7

S,0eA.Z5O.8.13

1.003.153,738

+!-7

2,127,552.977

1.&13.420.397

+181

+7-5 6,187,991,494 5,630.075.398 +-9-5

15.050.B92.13!> W,998,204.334

a>«ntta3. 31.206.599'.747 27.178.685,269

4,838,207,371

far as Stock

the clearings at

+51

2,049,T0o.624

4.934,57 1.714

As

+181

+40

6,ilS9,88«,169, 4,809.892,280

jay

+4-7

4378,933,019 +12-7

Mar

•

+5-8 2.010.732.803 1.913.501.28ll

4.800.379,056

June
Mqaar...

+14-9 13,297,167,680 11,116,813,347

Total

Other

all...

0ut8ldeN,Y.

4.392,484,102

J.6-8

2.059,730,859

1.914.347.8S4

Exchange transactions have

month

last

Altogether the sales in July reached 3,613,374
shares of a market value of 329 million dollars, against
3,151,417 shares of a market value of 180 million dollars
in July 1891.
On our customary basis of 3^ checks to
each transaction, this increase of 49 million dollars in the
Talue of the share sales would be taken to reflect an addicl>

But on the

aringa of 122 million dollars.

the operations of the Stock Ex-

change clearing house a great saving in ordinary bank
For July this saving,
effected.
according to the method of calculation adopted by the
officials of the Stock Clearing House, figures out about
275 million dollars. So the net result appears to be
that ordinary bank clearings have been reduced
rather than increased through Stock Exchange business.
The stock sales by months are given in the
following, from which it may be seen what a falling off
clearings has been

in activity has occurred since the early months of
year.
11.18 OP STOCKS AT THE

1888.

1887.

1«M. IMf.

»

9

$

*

»

$

•

2,.'57fl

2,478

2,833

2,905

2,345

2,595

2,477

404
363
273
96
75

437
851
321
94
79
29
69

441
271
319
82

312

25
52
41
48
32

294
10*
207
65
48
19
»1
37

73
42

28
63
47
68
38

277
74
79
2i
54
43
43
33

354
223
253

71

357
258
277
67
67

2.W7

4-J4

4,323

3,567

3,«05

2S
63
56
61
35

.'•.2

24 3

74

54
22
63
44
34
23

8t
18

3,932

4,380

489

460

447

266

255

2'29

4,639 4,392 4,827
2,060 1,914 1,994

4,539
1,684

3,822
1,477

4,034
1,439

3,808
1.331

I.IH

18S6.

188S.

3,337
197
151

3,611

3,488

gEVEK HONTHg.
(000,000»

1892.
21.4>^8

2,867
2,H45
2.218

Baltimore...
Cincinnati ..
Pittsburjf ...
City.

Kansas
Total

cities.

Total

1889.

1888.

18S7.

id

ft

IR

iR

all...

18,53421,023 20.461 17.121 19,656 18.568 14,2«3
2,711 3,049 2,816
2,449 2,262 1,868
1,895 2,174 2,102

692
450
280
453
429
442
273

Orleans

Other

1890.

fK

SR

\

I'hlca^o
Phlladclplila
St. Louis....
San Frnn'co.

Now

1891.

632
498
303
410
381
397
251

645
464
293
445
369
460
287

2.481
1.738
1,815

2.605
1,661

2,360
1.41S

1,-69

1,619

1,89*
1,258
1,302

505
459
255
349
299
333
230

515
453
237
398
335
289
233

4^6
836
219
349
285
225

435
322
208
345
254
204

155

122

558
470
280
373
324
374
26o

32.437 28,464 32,071 29,886 25,5S5 28,251 2.1.H90 20,612
3.408 3,101 2,H07 2,111 1,811 1,592 1,264
995
35,845 31,585 34,97-J 31,897 27.396 29,813 2-,-254 21,607
8,686 7,344

Outslile N.Y. 14,357 13,031 13,355 11,436 10,275 10.187

It is

worth noting that moat of the

cities,

while reflect-

the full amount of their 1891 loss. Chic igo, St. Louig
and Cincinnati, however, do not belong in that category, recording for 1893 larger totals than for any of
the other years given; and this applies to the results
[t is proper
for the seven months as well as for July,
to add that for the seven months period, Philadelphia
and Baltimore also enjoy the same distinction.
In a separate article on another page we review the
annual report of the Chicago & Northwestern Railroad
Company for the year ending May 31, 1892. Th«
fiscal year of the Chicago
Milwaukee & St. Paul
ends June 30, and the annual report of course has
not yet been issued.
But the figures of gross and n«t
earnings for June and the twelve months have beea
given out this week, and from these it is easy to sea
that the annual report when it is received will be a
very favorable document.
For June there is an increase of $437,163 in gross earnings and an increase of
8126,351 in net earnings. For the twelve months the

year.

other hand through

OITIM FOB JDLT.

IHtO.

+7-6

affected

New York (and consequently the total
New York included), it appears that

larger than for the corresponding

1890.

4,149

cities..

Total

LCAIiINll

ing improvement over last year, have not reccerod

aggregate stock sales while very small were nevertheless

tion to bank

City.

AT

+108

for the country with

somewhat

.

Boston

Cltarinv Outside

.ill.

Mtnth.

April

Clnclniiiitl...
I'lttaliurg .

Now YorK...

M01(Tin.r CLBABniOS.

..

Kaltlmore...

Kansas

1891.

423
300
100
67
20
63
60
68
80

Orleans

fitniUg/i

of January.

1892.

San Fran'oo.

New

CLCAJtllCaS

addition to the gross receipts reaches the very large

sum

of $4,779,284,

and the addition

The

to the not re-

known, is not
now paying dividends on its common stock, having
the suspended them in 1888, but with a continuation of

NBW TOBK STOCK BZOHAHaE.

ceipts $2,330,779.

St. Paul, as is

the present period of

prosperity the time cannot be
when a resumption of dividends on the
common shares will again be deemed a Ivisable. The
Milwaukee & Northern, which is owned by the St.
Paul, shows a trifling falling off in net for June, but
an increase for the twelve months of $134,925 in gross
very far distant

1892.

1891.

Valtu:

Number

Sfwnber
of Shares

Par.

ActuaL

of Sliares.

Par.

Actual.
j

»

Jan.... 9.902.013
Fab... 11.431.111

9.'W.019.IOO

533.383.777

6,618,789

540.138.550

948.071.600

671.380.847

8,275,894

March

773.129.890

48V,O04,977

3,846,978

818.304,625
818.087.315'

8.S33.948

1

Ijtqr »0,360,100^ 2,6S2.220..-^90 1.688.369.401 12,541.861 1.206.530.520

AprlU.

8.815, 142

Mar....

8.17.1,466

Jttoe...

5,374,727

Mqr.
8mo8..
July....

175.8fl3.847

195.207.05.;

639.460.762

387.134.999

7.183.818

699.306.920.

422.983.510

862.627,687
332,807,568

8,288,2:)2|

616,641,000
390,688,525
525

37 2,333,380

3,978,514

233,397,187

18,366,325 1.630.303.036 1.082,670.254 17,460.664 1,708,539,446 1,028,714,083
-I48,726,125 4,982.523.825 2,6Jl,428.855 29,992,225|2,,913,089,G
1.888,184,8«5
1

3,613,374

The most
in clearings

many

663.620.360
570,24».62
504.537.150

»
2e8.489.M2

3<7.56:,360

229,303.619

3,151,417'

309,692,1100

180,606,153

satisfactory fact in regard to the increase
is

thnt the increase

of the leailing points.

is

participated in by so

Among

the more prom-

inent cities, San Francisco is the only one that shows
a decrease from the same month of last year. Here

and

of $23,101 in net.

The Atchison Topeka & Santa Fe has also issued
figures of gross and net earnings for June and the fiscal

On

th>re is a gain
$80,017 in net,
and this is further added to by an increase of $14,555
in gross and $49,365 in net on the St. Louis & San
Francisco.
For the twelve months the Atchison has
year this week.
for

Juno

enlarged

the Atchison

it.«elf

of $209,686 in gross and of

gross $2,774,473 and

its net $1,606,709,
Francisco has enlarjied gross
$371,721 and net $403,442, making a total addition for
the yearof $3,146,194 in gross and of $2,010,150 in net.
its

while the St. Louis

& San

—

.

THE CHRONICLK

196
The Colorado Midland

also belongs to the

same system,

though the accounts are kept separate. That road
reports 1135,333 increase in gross for the twelve
months, but a decrease of !^17,785 in net.
Several other roads have likewise furnished their
reports a

The Wabash

this week.
gain of $65,378 in gross and a gain of S44,768 in net.
The Minneapolis & St. Louis has increased its gross
from $132,240 to $178,191, and its net earnings from

June statements

[Vol LV.

$18,019 to $60,098. The Mexican Central reports
gross increased from $544,089 to $619,976, and net inOn the Ohio &
creased from $188,375 to $258,032.
Mississippi gross has fallen off a little, while expenses

EUROPE'S FEAR OF DISASTER IN THE
UNITED STATES.
Some of our English contemporaries are just now
showing unusual interest in the silver difficulty in the
United States. London having sold out all its floating
supply of American stocks, and having witnessed a
more ready absorption of those stocks by New York
than it anticipated, and prices having shown great
strength here even after this " enormous selling," so
that buying them back without loss was found to be
London having had this experience, a
impracticable
portion of the press of that city appears of late to have
entered with new zeal upou the work of discussing the

—

have heavily increased, so the net is only $43,828
The Kio Grande Western has net
against $83,225.
weaknesses in America's financial arrangements.
The
of $83,321, against $81,407; the Chicago Burlington
presentation of these matters most notamost
notable
the
Jackand
against
$65,229
& Northern, $32,466,
ble because occupying nearly three pages of editorial
sonville Tampa & Key West $13,824, against $16,484.
space appears in the London Statist of July 23, which
specialities
have
the
week
this
market
stock
In the
has reached us this week.
"
stocks
industrial
have
The
"
prominent.
very
been
A criticism of such length naturally attracted our
again been very active with a further rise in prices, but
attention.
By chance, or through curiosity to know
of the railroad stocks have also advanced sharply.

—

;

—

—

lome

St. Paul & Omaha common has risen several points on
heavy transactions, the chief stimulus being the comMinneapolis & St. Loui
pany's very heavy earnings.
common and preferred shares have also further ad.
Tanced and for the same reason. Atchison stock an d
incomes were strong early in the week, but later were
affected by reports of the possibility of damage to the
growing corn crop in Kansas by reason of hot weather.
Yesterday Erie stock came into prominence and
showed considerable strength on a large business,
Reading advanced at the beginning of the week on a
decision in its favor by one of the Pennsylvania

the views expressed as to the outcome of a difficulty

—

which was being treated with so great industry, we
began our study of the contents of the article by
looking at the end section to discover the "consequences " depicted for the subject has been treated
elaborately
in
three
chapters
or as
it
were
articles.
At the very outset we became interfor our
ested,
eye met these ominous words
" to begin with there must be a run firstly
" upon the banks and secondly upou the Treasury for
" gold. The metal must be hoarded and must go to a
"premium. All that would imply such a state of
;

" panic as could hardly fall to result in disaster."
but subsequently reacted when it was seen
These
are quite graphic sentences, and must fall within
that the importance of the decision had been overestithe
comprehension
of any one, for they are not at all
mated. The general market has on the whole been
lacking
detail.
Observe
too that the disclosures are
in
rather irregular, with occasional recessions in prices.
Courts,

The

following statement,

made up from returns

lected by us, shows the week's receipts
of currency

WMk Bndino

and gold by the
AUQUit

5. 1892.

New York

col.

and shipments
banks.

lUctived I>v Shipped by
N.Y. Banla. N. T. Bankj.

Net Interior
Movement.

—

in the nature of a crescendo
(1) run on the banks, (2)
run on the Treasury, (3) hoarding of gold, (4) premium
on gold, (5) panic, (6) disaster. It is hardly necessary
to say that when we had gone thus far we involuntarily

looked for the nature of the disaster so clearly foretold.

—

explanation found was this "a
on the Stock Exchange." That stateTotal gold and legal tenders.. .. $3,891,000 $;^07S,000 Gain. $810,000
ment we soon saw was enlarged and explained a feif
With the Sub-Treasury operations and gold exports lines further on. "
The crisis upon the Stock Exthe result is.
" change," the writer adds, " would be very serious,
" because as we have been showing, Europe has been
Into
Outot
NetOhanoein
Wuk ETuting Awtml S, 1882.
Bankl.
Banla.
Bank Holdinge.
" clearing out its American investments for fully two
Baska' Interior movement, as above $3,891,000 $3,075,000'&!»ln. $818,000
It shows no iuclination to take them
Snb.Treag. oper. and gold expts... 16,800,000 31,150,000 Loss. 6,350,000 "years now.
Total gold and legal tenders .... $19,691,000 $24,325,000 Lo98.$4,534.00n " back, and the inclination would not be increased if a
The following table indicates the amount of bullion "crisis were to come. Of course at a price Europeans
in the principal European banks this week, and at the "would buy; but then who can say beforehand what
" the price would be?"
corresponding date last year.
These brief extracts clearly indicate that the object of
Au^^uit 4, 1892.
August e, 1891.
Bank of
the article was to disclose a situation which would let
eold.
Total
Sold.
Silver.
TotaL
the English biiyer, who was so lately a seller, into»
a
S
S
ocland.
20.72«.8&1
20.726.851 27.181,667
American stocks again on a very low level of price; in
27,181,667
rnno*
e*,41<.»(0 51,813,520 117,2S0.SfW 65,001.000 50,180.000 106,481,000
fact at his own price.
S«rman;'
»7.2»O.0O0 12.430.000 49,720.000 30,-85,333 16,392,667 46.178,000
We by no means imply that the
A*it.-EDn'r
6.067,000 18.862,000 22.839.000
5,475.000 16.676,000 22.051,000
criticism was written to help produce the end sought.
Matlwrlanda.
S.317,0OC 7,270,000 10,40fl,000
4.104.000 5.838.00C. 10,242.000
at. B'lgloiii* 2.914.000 1.467,000 4,871,000 2.908.3M 1,451,607 4,355,000 A fair presumption is that the purpose was to disclose
tOt.thll«Mk 141,i61.691 88,8«1,520 2»i.3iif,3n 123.760.338 80,738.384 216,488,667 a catastrophe
anticipated by the writer which would be
Tot.pT»v.w'k 141.237,1)28 89.641,040 280,779.588 125.287.890 39.683,000
214,970,390
advantageous to the English capitalist, though the
<'»t»een
eoW and sliver) given In our table of coin and
iJti^J?
MUlon i"'',?"'^?
in the Bank of Germany and the Bank of Belglam la
made from style seems unfortunate and hysterical.
Our only
?'*'*'"*'«"''"»"': lo neither case is It claimed to
S*.??*
®f*'"'*'2'^®
banks make no dlstlnatlon In their weekly returns
interest in the affair is to notice some of the assertions
_ •opnrate, a« those
"""""" .'^"''^ ""I '"'«• "1' "e beUeve the division
•.»««!
SS'S^rj*?""'?*
W» make la a close approximation.
made and some of the reasons given for the opinions
»ifS??i;r?'*/**'.'''^®''''*'^''*«<*'M''''*"'*»'«'ee*lybyoable, and while not expressed, which are obviously
faulty, and which might
glof the date given at the head of the column, they are the '^*''"""
jMoed neaieet to that date-that Is. the latest reported flares returns
do harm to investors in Europe if left unchallenged.
0iiiT6ncy.........-«......— —..——.

Sold.

(3,(91.000
300,000

$,4 75,000 aain.$l, 118,000
600,000 Loss.

300,000

. .

—

The

first

"ruinous

specific

fall

AIOUST6

Tho

THE CHRONICLR

189J.]

tlrst

statoineut

is

thi»t" since

the middlo o(

" 1890 tho withdiMwiila of capital employed ia the
" United States by great houses and tho sales of
" securities by Europoaa holders have been on such a
"scale that the United States have had to remit
" immense amounts of gold." We gave the official
figures in our issue of July 23 (page 130), and tho
reader will flnrl by turning to that page that the net
exports of ^old for tho two years beginning with
July 1 1890 have been precisely i|i68,637,072, and no

portion

197^

would no doubt have got into stockings and

into the private safe deposit companiev; in caae there

was no deep distrust it would go to tho banks. Ia
pursuanco of this thought, and bearing upon it, w«
brought together a few figures in our article of Jane
25 (pages 1031 and 1032), disclosing thereby tho present locality of the holdings tho Treasury had for two

We

and proved
away or been
hoarded, but had gone into tho banks and was consequently within the reach of and a source of strength
Kence, wo repeat, tho fact that the
to commerce.
banks are now found holding such largely increased
amounts is most conclusive evidence that there is no
panic in sight, nor any distrust which approaches a
panicky state, nor any present danger that such a state
years been disbursing.

that

the

there

gold had not hidden

stated

itself

wo add to that statement tho furtlier
States is a producer of gold,
United
fact that tho
that its mines turn out about 33 million dollars of gold
each year, is it possible by any stretch of the imagination, however youthful, to apply to the above total
net exports for two years (about 68J million dollars)
Of course a part of our of dislirust is impending.
the term " immense " ?
But after
But we are told that the National Banking institugold product is consumed in tho arts.
allowing for tho amount so used and fo> the tions are " boycotting silver." Wo would like very
tho Mint much to know how banks could boycott silver if they
exports during
that two-year period,
in
the coun- wanted to.
Silver is legal tender ; the new bullion
the gold
Bureau's statement of
and the banks have no
try on tho first of July 1892 was *664,34:5,-t46, certificates are legal tender
loss
to
payment of a
an
actual
power
refuse
them
in
July
1
1890
or
more
to
against 1696,008,805
deposit than
they
the country s stock in the two years of $31,663,359. debt or when tendered for
Besides no bank does reThis last aggregate then is the extreme limit of the have to refuse gold.
marvelous depletion of our gold holdings which has fuse them. Why then it may be asked are tho holdbeen in progress here during the two years in question ings of silver small ? Chiefly because these instituand which in the writer's view is to be described as tions have to pay all their checks in silver certificates ;
" immense."
if the holder of a check was offered gold he would beg
The next important fact cited is that in the two to be given currency, and silver eertificates are about
After one passes the
years mentioned (from July 1 1890 to July 1 1893) the only currency in circulation.
" the net gold in the Treasury has fallen 75 million Mississippi River, going West, it is often difficult to
" dollars or 15 millions sterling. The Treasury has been obtain currency, and when getting a check cashed
" getting weaker and weaker because, partly, of the gold one is not unfrequently requested, and sometimes com" shipments and still more largely because of distrust." pelled, to take gold in part. This is the kind of
Accepting these figures as to the decrease of gold hold- " boycotting of silver" which is in progress throughout
ings in the Treasury, it will certainly bo news in the tho country, and it is all there is of it.
We will only take the space to notice one other conUnited States to learn that any part of the decrease
haa resulted from "gold shipments" or "distrust." dition which the writer seems to lay much stress upon
Indeed there is no point in Treasury management more as an indication of his anticipated panic. He asks,
notorious than that tho Government's loss of gold has " How can the badness of trade throughout the United
been wholly voluntary and due to a well-defined policy, States be explained but on the assumption that there
The answer will depend,
clearly expressed and openly carried out, of decreasing is very general distrust?"
tho Treasury balance.
We have thought the policy first, upon what meaning is sought to be conveyed by
very unwise and have frequently criticized it bat to the word "distrust," and, second, it must depend
cite tho decrease as in any degree a result of distrust, or upon what condition of affairs the words " badness of
as furnishing evidence of distrust, is wandering as far trade" are intended to describe.
Referring to the latfrom the truth as it would bo possible for any writer to ter first, we would say that if wo were to compare the
get with reference to that matter.
It is Secretary trade situation of the United States to day with the
Poster's excess of faith rather than America's lack of trade situation in any other country of tho world, ire
trust that is responsible for tho Government's small gold should say that the state of trade in the United Statet
balance.
was the least bad of all. In productions of every kind
To further strengthen this piece of evidence and thus and in the volume of legitimate transactions there
enforce the claim of deep distrust existing in the United probably never was a date when the aggregate exceeded
States which is to produce the panic foretold, the tho present.
There is less speculation and very little
writer of the article in question states, as a sign of enterprise of a venturesome character
profits in
weakness, that while the Treasury has been lessening almost all cases are extremely small, and in the iron
its holdings of gold tho banks have been increasing
trade probably there is no profit among a large section
" It follows," tho writer of producers. But some trades are in pretty fair shape,
theirs and boycotting silver.
says, "very clearly that everywhere throughout the notably the dry goods trade, and as for iron and coal,
" Union tho banks are practically boycotting silver and not only is the production unequaled, but the con
" are increasing to the utmost of their power their gold sumption is also. Moreover, our great carrying indua"holdings." Where, may wo ask, would the editor try is fairly prosperous.
expect the gold to go when it left the Treasury ?
Nevertheless one may very properly call trade bad
Gold does not largely circulate in the United States^ because it is not responsive, as it ought to be, to in»nd we cannot imagine where it would be put when tho dustrial conditions as favorable to activity as have exGovernment let loose its hold, unless it should be trans- isted for many a year. The kind of distrust that
more.

Ifow

if

;

;

;

ferred to old stockings, or to safe deposit vaults, or to

banks.

Had

there been deep distrust, a considerable

prevails restrains enterprise to a considerable extent,
especially of a sort that entails risks or

may

require

THE CHRONICLE.

198
an

To

indefinite time for fruition.

state th« case in

[Vol. LV.

was a further increase to

must aggregate

11,805

buildings

cost of over 54 million dollars

at

an

—$54,001,800,

brief, we are in a plight which, so long
prevent full prosperity, although there seems to be Moreover, the Chicago Economist, from which these
almost every reaion why our industries and all enter- figures are taken, says that this does not represent the
This actual cost, that "it is customary to add 15 per cent
prise should be rushing along at a rattling rate.
as to cover the probable under- valuation by persons apuncertainty
result
of
the
obviously
affairs
is
state of

as it lasts,

On this basis it says the expendby the permits of 1891 were $67,502,250 and those for 1890 $59,152,625. The. facts are so
interesting, we quote from the Ecojiomist the following
the Treasury is within the range of probability, and no table showing the number of buildings for which perrefusal to pay gold has occurred or is in prospect by mits were granted during the last six years, their
Moreover, there are frontage in feet, and the estimated cost, as published
the banks or by the Treasury.
not
have confidence at the close of 1891.
who
do
of
our
people
very few
NKW BDIIDINGS PROJECTED IN CmCAOO.
that the cause of the disturbance will be removed
Ifo. of
Feel
Estimated
through corrective legislation before any catastrophe

to the future of values, because of the doubt which
attaches to the future of our currency. At the same
time there is no similitude to a panic threatening or to
panicky conditions existing; no run on the banks or on

plying for permits."
itures called for

Buildings. Frontage.
4.6^i
11'2,^0'2

Calendar Year.

can occur.

ISSfi

EXTENT OF BUILDING OPERATIONS.

115,i06
116.419

1887
1888
1889

4,833
4,958
4,931

1890

11,61)8

11!<,573
2H6.2''4

ls91

11,805

232,672

Cost.

$21,324,400
19,778,100
20,360,800
25,< 65,500
47,S22,100
54,001,800

Most important of all, however, is the fact that the
The strikes and lock-outs in the building trades
which just now are proving such a serious obstacle to expansion is still going on. The Economist has just
the prosecution of work in the erection of new build- published the figures for the first half of 1892, and it
ings, give peculiar interest to statistics showing the says that they show "a, gratifying increase" over the
magnitude of the expenditures each year for new build- figures for the first six months of last year. "For
ings in a large city.
The itrike itself can only be many months past it has been the custom to predict a
regarded as a temporary matter that is, it must be great falling off in the number of buildings, from the
expected to come to an end sooner or later. The fact that the great increase of a yeir or two past was
changes in the aggregate expenditures for new build- said to be due to the World's Fair, but so far all preings from year to year— whether in the direction of dictions have gone wide of the mark." It finds that
larger or .-mailer tota's
oonstitute an item of greater permits were issued during the first six months of 1893

—

—

importance and of wider bearing. The factors which for the construction of 6,716 structures having a frontenter imo our general mercantile and manufacturing age of 156,902 feet and to cost $27,840,515, this comJictiviry ar« of course many and diverse.
The crops paring with 6,068 buildings having a frontage of 149,are one of the most important of these, and it is for 177 feet and to cost $22,877,700, for the first six monthi
that reason

that ths crop situation

is

so carefully

watched from the time of the planting of the seed

to

of 1891.

As

to the character of the buildings in 1892,

1,188 of the 6,716 buildings appear not to have been

when the harvest is being gathered and all
uncertainty as to the outcome removed.
New railroad
•onstruction has also at times in the past been an ele-

structures, but what the Economist calls "baeements and additions," and which it says '' very much
exceed in number such improvements made for any

ment of considerable force and
new track-laying has got down

corresponding period in the history of the city."

the period

portions.

Projects

the large

cities,

however

for

influence,
to very

for

business or

thougu now

m )dorate

pro-

new buildings
other

uses,

in

while

dependent more or

leis upon the crop situation and the
course of general trade, very frequently are affected by
circumstancei independent of these.

Wo have an excellent illustration of the effects of
an independent agency in the case of the city of
Chicago,
Chicago of course is a great and growing
centre and its industrial activity steadily advances as a
result of that circumstance
lation.

The

and the growth of popu-

city has also derived

great

advantages

new

Of

the remainder, 4,016 were dwelling houses, 793 stores

and dwellings, 303 barns and stables, 148 stores, 101
factories and warehouses, 78 public institutions and
offices, 19 churches and 70 miscellaneous.
If we add the 6,716 buildings for which permits
were issued during the six months of 1892 to the
11,805 for the twelve months of 1891 and the 11,608
for the twelve months of 1890, we get a grand total
for the period of 2^ years of over thirty thousand
structures—30,129. These 30,129 buildings have a
frontage of 705,858 feet, or but little short of 134
miles.
One hundred and thirty-four miles of new or
improved buildings what a story this tells
The

—

from the heavy spring-wheat crop in the Northwest
last season and the generally good harvests
in that cost of the 30,129 buildings is $139,164,415, without
section in 1891.
But in addition activity in the adding the 25 per cent for under estimates which the
building line has been especially promoted by
the Economist thinks necessary.
Such figures carry their
coming World's Fair, The result is that new building
own comment.
A considerable amount might be
is now being carried forward on an unprecedented
and deducted to allow for speculative projects, and which
!

jphenomenal scale.

In 1886 permits were issued all
told for 4,654 buildings to cost $31,334,400;
in 1887
-the permiU covered 4,833 buildings
at an estimated

will never be undertaken, and the total still be large.
In view of these results and the heavy grain movement and the large returns to Northwestern farmers
<508t of 119,778,100 ; in 1888
and 1889 the number of from last season's crops in view of this, the striking
buildings was respectively 4,958 and 4,931
and the gains in bank clearings at Chicago, which are a feature
aggregate cost respectively $20,360,800 and
$25,065,- of the returns week after week, and the satisfactory
500, showing on the whole no very great change
during accounts regarding trade which come from that city,
those years. But in 1890 there was a
jump to over are perfectly explicable.
eleven thousand buildings (11,608 buildings)
to cost
Here in New York the pace is much slower, and the
orer 47 million dollars ($47,322,100) and in
1891 there condition of things comparatively quiet. For the same

—

1

ACO0ST

THE CHRONICLE

6, 1802.]

period as that covered by the table above for the city
It will bo
of Chicago the roconl has boon as follows.
year
1891 were
calendar
observed tiiat the totals for the

much

below those of other recent years.
niitu)rxa8 pB'>jBCTF.n i>t new vork

citr.

IH^r-^

showing that the number has been small through

A

the years.

new

consideralile p

irt

of the aggregate cost

all

of

tho section south of
Fourteenth Street, comprising the down-town busiuoasportion of the city, where new office buildings of large
the

buildings

is

f'"uid

in

apparPlans for
74,<i7«,373
3,507
6«.«I9,9S0
t.:i-'ft
O0,072,e24 only 244 buildings within this section have been filed,
2,821
47,l4-,*78
3,070
For the six months of 1892 the new building projects but the cost stands at $10,615,650. Tho next largest
in New York represi'iit a larger aggregate than for the aggregate is found in the district between Fifty-ninth
Avenue, where th«
first lialf of 1891, but not as large as for the first half and 125th streets, west of Eighth
cost
tho
is $10,468,365,
number
and
new
projects
454,
aggregate
cost
of 1890 or other exceptional years. The
buildings
projected in
new
shows
the
The
following
on
Chicago,
of
is much heavier than in the case
according to
different
sections,
in
the
number
and
cost
and
costly
of
largo
proportion
account of the great
nonl.
Builitiitgs.
$^R,47!•.^i.^3
4.<ii»7

Tfars.

1880
1887
1888

buildings

—

ofliee

tenements,

as a feature

and

first

new buildings

of 1892 will,

this

in

new

1890

in

45f millions and
was
1887 the cost,

In

DISTHIBCnON 0»

in

1889

41

million

47^

NEW

DtrTLDINO PItOJECTg.

1S92.

Wint IlaV-Tear.
Xo.

Cott.

to

projects was only 34^ millions, but

was

it

millions.

for offices.

the divisions given in the compilations of the Record

during

completion, involve an outlay of over 32^ million dollars— *39,252,583. In the first half of 1891 the aggregate cost of the

demand

and Guide.

city

carried

to multiply without

and costly typo continue

ently exhausting the

Thus the

filed
all

if

flats,

importance

this illustrates the

which plans were

for

months

six

EthmnUtl

of

Vosl.
liiiildingt.
*{t8,T9'2.03l
3,«'^l

the industrial situation.

in

structures

the

Yrart.

18J9
1890
1891

A'o.

buildings, business structures,

etc.;

of the expenditures for

new

Calendar

EtIimnUd

Xo. nf

CaleniUii-

Boatb of 14ch Street
Bet. 14th and 5^'th sts
Bitt. Sftb ic 12Sth. G. of 5th Ave.
Bet. 59th * IWSth, W. of Sth Ave.
Ig5th,5ih&8tbave8.
Bet. 110th
North of 125th Street
23d and 24th wards
,1k

244 10.615.65"
181| 6,4S8,."!25

229

6,404,87"

151jlO,4H>l,366

43

562,900

l(>e

2,0,'8,S^5

474

a,B24,'18

1«14 S«,252,S83 '16-8 .'<4,a00,819 8028 45.61)8.51

ToUI.

but in that year a good many plans were
It will be interesting also to have the record for
anticipation of «hanges in the build- Kings County, including Brooklyn.
There the building and tenement house laws, the buildings com- ings are chiefly for residence purposes and average
prised in the plans being never undertaken.
The lower in cost. The number of buildings projected in
nature of that influence appears
clearly
from the fir.4 half of 1892 was 2,380 against 2.344
the
the fact that
over 24| million
dollars of the first half of 1891, but the cost was lower at $ll-,953,084
whole amount was reported in two months, March against $12,330,837, there being a decrease in the numdollars,

in

filed

m

and

April.

As

far

as

legitimate projects

1890 was undoubtedly the

are con-

ber of brick buildings but an increase in the frame

Kings County gets the advantage of the
what are called the outlying towns of
the new buildings projected was almost as large as the New Utrecht and Gravesund, but the aggregate cost
total for any period of twelve months prior to 1886. represented by the building projects has steadily
From 145,698,511 for the first half of 1890, there was diminished since 1889, when the total for the firut six
a drop of over 11 million dollars, to 134,500,816, in the months was $15,629,736.
In the following we have
first half of 1891, to be followed now, as we have seen,
combined New York and Kings County as regards the
by a recovery to 139,252,583 in 1892. As regards this cost involved i» the building outlays.
recovery, however, there appears to be some doubt as
ESnMATED COST OP NEW BCILDING8 PBOJECTED.
1889.
1892.
1891.
1890.
to whether it is real.
The Becord and Guide, whose
First fix months.
$
$
$
$
statements we are using, thinks that the increase in the New York City.. ..39,252,*83 34.500,816 4.5,698,511 41,084,072
" mere paper projects rushed Kings County
15,629,-3«
filings
11,'<53,084
represents
12,330,837
13,563,3.5
cerned,

total,

and for the

six

months

year of heaviest

of that year the cost of

through the Building Department in anticipation of
the changes in the new building law which somewhat
increased the first cost of certain kinds of structures.''

buildings.

activity

in

Total

51,205,667

The aggregate

46,831,653

59,261,836'

56,713,808

pojected in the
two counties reaches, it will be seen, about 61^ million
The increase, however, both as regards the number of dollars, and this too for a period of only six monthg,
buildings and the cost of the same appears to be pretty though it is proper to say that the totals for the first
well distributed among the different months, as may bo half are generally much heavier than for the second
half.
In s«me other recent years the amounts were
seen by the following.
NEW BDILDtNGS PROJECTBD IN NEW TORK CITT.
even larger than the 51^ millions for 1892. Many of
10V2.

So.
I

Co»t.

Cofl.

%

Jwinarj...

Mai

IM) a,»vi,730
238 6,'iO7,40a
396 8.041.101)
44010.528,010
208 S.7U2.490

Jane

312

February

March
April

Total.

,

7,3n>l,»

,4-14iSI),a52.a83

U89.

1890.

*

8,2«T,I«S

6,478,7<'0

S,09'2.H20

7,087,975
8,709,438

6,607.920
7.784,175

Vogt.

Oott.

8,760,151)

8,748.980
9,191,2^5

2301 5,087,008

8,493,493

250
298
897
434
411
880

%
4,010,390
5,477.475
•,7D3,1»75

cost of the buildings

the projects cover buildings

still

in process of construe

and othws doubtless cover buildings on whiok
work has not been begun yet. Hence the outlook is

tion,

for considerable activity as soon as the labor troubles

are settled.

8.»88.7rf0

8,029,475
7,7«3.«67

1580 84.603,81» 8 <25 45.698,511 ijl7041,084,072

THE CHICAGO & NORTHWESTERN REPORT.

The Chicago & Northwestern annual report is issued
While in cost the building projects in New York very promptly. It covers the fiscal year ending May
run ahead of those of Chicago, in number they fall of 31, and therefore only about two months have elapsed
course far behind, the character of the buildings since the close of the period to which it relates.
The
being so different. The aggregate of new buildings report is replete with statistical data, too, concerning
projected in New York during the half-year has been the road's traffic, finances, operations, &c., and makes
only 1,814, which compares with 1,589 in the first half altogether a pamphlet of 70 pages, showing that the
of 1891, 2,025 in the first half of 1890, 2,170 in the work involved in its preparation must have been very
first half of 1889 and 1,647 in the first half of 1888,
considerable.
There are few roads which issue their

.

THE CHRONICLK.

200

[Vol LV.

once before that the company has made as large an
addition to its gross earnings during a single period of

would be immediate and decided. The Northwestern
road had been managed with a view of being prepared
for an expected contingency of that kind, and hence
when the time arrived it was able to take full advantage of the promising opportunities offered.
Under the enlarged income of the late year the surplus above the dividends paid out (6 per cent on the
common and 7 per cent on the preferred) was about
li million dollars ($1,244,449) against less than a quarter of a million dollars ($234,759) in 1891.
This surplus is independent of the net receipts of $568,752
from the land department, and is reached after allow-

In the year preceding the addition

ing for a contribution of $410,425 to sinking funds. It

reports within such a brief period after the close of the
year and at the same time furnish such an extensive
•mount of data. We need hardly say that the early

publication of annual reports adds greatly to their usefulness and value.

The year under review marks a period of very decided progress in the affairs of the company. On the
Bame mileage as in the year preceding the road
•dded no less than $3,628,597 to its gross earnings and
$1,583,165 to its net earnings. It has happened only

twelve months.

was only a little over six hundred thousand dollars. includes $269,000 dividends received on Omaha stock
In the year before that the addition was about 1| million (which, however, is only $53,800 more than was redollars, but this followed a loss of over a million in 1889. ceived from that source in the previous year), but inIn fact, for the four years from 1887 to 1891 the total cludes nothing on the Milwaukee Lake Shore & Westmillion dol- ern stock acquired, in exchange for which Northwest
increase in gross receipts was less than
stock was issued, the dividends on the new shares
lars, which indicates what a change the increase in the
This satisfactory re- counting for part of the year under review. The follate year of 3f millions reflects.
with
no
increase in average lowing furnishes a comparison of earnings, charges,
Bnlt moreover was attained
rates, either on passengers or freight, the passenger surplus, &c., for each year back to 1878
average per mile standing unchanged from that for
InUrest,
Dividends Surplus
Tear Average
1891 and the freight average being slightly lower.
Earnings.
Net
Sink. FiU
on
on Year's

H

:

It

is

not

difficult to

find

adequate reasons for this

audden and striking gain in earnings. In the late
year the Northwest simply reaped the fruits of the
Bound and conservative policy which its management
has pursued for a long series of years. In
with other systems it had up to 1891

from
Tailed

the

suffered

conditions which had prewhich had had their origin not so

unfavorable

—conditions

much in
of much

common

unsatisfactory crops as in the construction

unnecessary new mileage, necessitating the
division of traffic among an increased number of lines,
and leading to bitter rivalry and heavy reductions in

We

say that the Northwestern suffered from
this situation in common with other lines.
And yet it
was not obliged to reduce its dividend rates. This for-

rates.

tunate circumstance, however, may largely be attributed
to the fact that it had resisted the temptation to increase

the dividends

when

its

yearly income would

endtng MUeB
ATavSl Operand

ProMs.
Net.

Gross.

i

*
1878..
1879
1880..
1881..
1888..
1883..
1881..
1885..
1888..
1887
1888..
1889..
1890..
1891..
89S..
.

.

*

t

\

\

*
1,968,034

t
508,463
181.760
1,674,847

7,130,117

4,665,830 2,464,487

14,580,921

6,873,272

2,216

17,319,349

8,917,749

4.585,644 2,287.828
4,837,681 '4,080,168

2,406,521

i.au

19,334,072

8,908,251

B,130,749's,777,602

2,420,273

3,033

23,881,656

11,045,022

B,6«6,947!5,378,076

2,586,638

2,701,437

3,485

24,081,834

10,009,318

5,967,70114,031,617

2,890,337

3,719
3,819

25,020,624

9,879,687

e,178,939'3, 700,728

2,939,470

1,181,280
761,258

23,502,056

9.708,148

+6,151,101 '4,667,047

+3,081,348

575,699

3,891

24,279,600

10,420,374

5,694,363'4,826,011

3,444,51 >4

1,381,607

4,037

26,321,815

6,194,197'6,056,776'

3,444,604

2,612,272

4,178
4,244
4,2S0
4,254
4,273

28,897,559

11,250,973
10,028,769

6,273,156 4.753,803

3,444,604

1,309,099

25,692,259

9,661.971

6,598,466|4,060,516

3,444,504

27,164,837

0,759,732

5,888,767 4,070,965
5,822,106 3,680,683

3,444,979

27,793.674

9,502,669

31,422,2:2

l],085.8.'i4

6,186,649 4,020,1851

2,105,888

1,357,229

622,011
626,080
231,759
3,446,894
8.875,735' 1,214,450

oonmon and 7 on preferred stock
yearlS 78; 4 on common and 7 on preferred ia 1879; 6 on
f ir

3 per cent on

7 on preferred ii 188 ); theBa'ne In 1881 S^a on common
7M on preferred In 1882; 7 on common and 8 on preferred In 18S3,
1884 and ia 188.5 and 6 on the common and 7 on the preferred ia
1886, 1887, 18-8, 1889, 1890, 1891 and 1892.

common and

;

and
in

;

t The absorption of the Blair roadj In Iowa had the effect of decreasing payments under the head of rentals and Increasing the payments

for dividends.

It

will

be seen from this that while the gross re-

ceipts for 1892 are

tion.

the company, the surplus

above

many

It will

above

*

14,751,062

apparently have

warranted a more liberal distribuThere were several years when the surplus
the dividends was very large, but instead

Stock. •

'

2,037
2,129

Dividends aUow

in fiscal

Rentals.

by far the largest in the history of
the dividends has

no doubt be urged
which is true, but that
only furnishes part of the explanation. Looking at the
times been exceeded.

of distributing this surplus in the shape of additional
dividends the money was put into the property, thus

that charges

now

Btrengthening it for meeting increased rivalry and
competition. In the trying times through which it
was subsequently obliged to pass, the yearly surplus

net earnings,

we find
With

in the past.

are heavier,

that they also have been exceeded
total

gross earnings in

nearly 31^ million dollars, the net

is

1892 of

not as large as

it

but was never entirely wiped out, so
that the company's ability to maintain the old rate
of
dividends was not impaired. The property was at
the
same time kept in good condition and the service to
fell oft heavily,

was in 1887 on 26k millions gross, and but a trifle
larger than in 1882 on only 23f millions gross.
Comparing the traffic of 1882 with that of 1893 it is found
that the number of tons of freight moved has inthe public steadily improved, notwithstanding that
the creased from 8,190,893 to 15,337,758, the tons one
road was obliged to accept steadily-declining rates
for mile from 1,192,188,039 to 2,246,302,P41, the number
the service.

of passengers from 6,754,717 to 15,018,223, and the
appeared clear that the outcome passengers one mile from 205,574,178 to 336,878,416.
must eventually prove very encouraging. Traffic
and Of course the extent of road operated has also inpopulation in the territory drained by the
company's creased in the interval, but the increase in that case is
lines were all the time expanding, and
it was evident
only about 40 per cent, while the increase in traffic, it
that it could only be a matter of time
when the will be seen, averages more than twice as much. Yet
country would grow up to the increased
mileage on this greater traffic net earnings for 1892 were practiwhich had been provided, especially as the
construc- cally no-larger than for 1882.
This shows (what intion of further new lines had for
the time being in deed has been shown in the case of other companies)
great measure been checked.
In fact it only needed that it takes a much larger
amount of traffic now to
Buch a stimulating agency as that
furnished by the produce a given amount of net revenue than formerly.
phenomenal crops of last year to demonstrate
that The reasons are obvious.
The public demands better
When the turn in the situation occurred
the effects service and increased accommodations; railroad em-

To an

outsider

it

—

.

ACQCST

ployeea (lemiind increased pay, thus enhaucing tho cost
of labor; and at the same time rates lieep steadily tend-

The

ing towards a lower basis.
particular between 1883

clearinga.

STUCK

is

noteworthy.

Oleanxi.

In

These
has been from 2-53 cent per mile
tryunmistakably
an
covered
ten years therefore have
interested
those
to
gratifying
be
must
ing time, and it
in the property that a change has now begun and that
the outlook consequently is so much more encouraging
was previous to tho late year.
All the results above relate to the operations of
the Chicago & Northwestern itself, covering 4,373 miles

CLBAaiXa HODSB TBARBAOTIONg.

K.YCIIAN01S

Slutres, both

.

to 3'17 cent.

iti)le».

—

.

Months

ttuUtnca, one

.

Total Value.

NaT

aide..

ahtels

,

Hhang. Value Sham. Vaali.OUar'd.

9

$

$

Juno

4,731,600 256,200,000 449,000 22,SOO.,'iOO 208,300
10684000 1041018200 109H7SO 94,586.700 1133071
8,H07,80O6«»,3 13,200 1120100 74,186,100 U74,70O
58,(iOO 3,800,000 3.),800
Jaly25.... 473,000 3.").0()0,000
" 26.... 355.000 23,100,000
4S,800 3,350,0(M> 33,400
" 27.... 3l8,aoo 24.100,000
37,000 2,700,000 20,000
" 28.... 441,000 32,500,000
87,000 4,0<JO,000 40,000
" 29.... 701,700 50,800,000
78,100 5,800,000 94,700

2,190
9,885

July

5,88«l

Tot, week. 2,293,500 165,500,000 290,400 19,650,000 222,500

1,280

Aug.

77,500,000
42,600,000
540,400 34,500,000
539,200 37,300,000
468,000 15,800,000

1.. ..1,060,600
2.... 608,300

S..
4..
5..

119,300 7,500.000
79,200 5,610.000
6.7,700 4,800,000
68,200 4,000,000
59,300 3,600,000

254
282
228
21»
276

120,500
77,30O

31,000
36,000

805
176
256
268
Z40

391,700 25,010,000 318,600

1,845

53,H(X>

it

But the company also operates the transMissouri lines and controls the Chicago St. Paul
Minneapolis & Omaha and the Milwaukee Lake Shore

of road.

Western, these being operated separately. To present
an exhibit which will give an idea of the magnitude of

&

the Chicago & Northwestern system, it is necessary to
combine the results for all these separate companies.
This we have undertaken to do as regard mileage
and gross and net earnings in the following. For the
St. Paul & Omaha and the Lake Shore & Western we
are obliged to take the figures for the calendar year

instead of for the fiscal year ending

May

— Orois EaminQt. —

Av*ge

'

31.
Set Earnings.—^

.

MUa

1891-93.

1890-91.

1891-92.

OperaVtI.

t

t

4.278

81,422,872

27,793,674

1,102

3.8ll,6'J3

1,434

3,991.472
8.021.312

7U

3,634,101

6,818.320
3.848,587

t
11,086.833
1,234.878
2,576.198
1,316,467

7,820 46,960.160

42.302,181

16,212,166

Chlcsgo A Northwestern'...
Tnuit-Mlssourt Lines'....

Mlnn.*Om»ll»+
Mllw. Lake Shore A Weit.t

Cblc. 9t.P.

*

bank

contrast in this latter

and 1893

201

have of coume tended to reduce considerably tho volume of

the earlier year the company received an average of
1 -47 cents per ton per mile;
in 1803 the average was
In the passenger average the decline
only 1-01 cent.

than

.

THE (JHRONIOLE

189?,]

6,

—

Tear endlns Mar 81.

From May

I
9,602,688
1,241.809
2,059,761
1.432,637

14,239,965

f Year ending December 31.

& St.

COKDITION OF St. Locis NATIONAL BANKS.— The abstract
banks in the City of St. Louis
has been received from the Comptroller of the Currency, and
from it and from previous reports we have prepared the fol lowing, which covers the results for July 12 and May 17, 1899,
and for purposes of comparison the figures for last year (July

of the condition of the national

9)

are given

:

Jviy

ST. LOV18.
Number
tUiource*

1892.

9

—

1891.

9

Loans and dtsoounts, tnolud'K overdrofta. 180,801,414

129.209.031
3.032,538
8.172.103

ta6.904,l!0
2,960.627
2,806,064
702,061
128.761
S.I80.12S

Stocks, bunds.

*c
Due from bauks and baukers

2,878.724
""" ""
'
4,727.354

Banhliltf buune. furnlturuaad fixtures...
Other rval eiitate aud luurt^tases owned..
Quid coin and certidcattis

873.308
19^.572
3.827.179
1.226.171
1.114.048
180.816
1,182,167
47,606
89.800
157,851

876.318
182.922
4.003.40*
1.911.685

147,407,311

(49,058,007

t400S141S

tlC,700.000
2,472,166
360,200
6,679
19,804.675
250,000
1S,'24,S31

110,700.000
2.638,996
368.680
12,787
21.111,201
250,000
14,005.411
80.052

(10,000,000
2,288,790
404,100
8.819
16.909,880
226,000
10,692.137
(62,680

(47.407,311

(19,058.007

(40,931,415

Stiver cHiin

aud certldcates

tender notes and oert'fs of deposit
oiber banks
KxchaiueB for ClearinK House
Current expenses and taxes paid
Lefcal

Bills of

Premiums

U.
other resotuces
t>u

£5.

bonds

$766,533 in gross in the six months ending June 30

other

1892.

ilav 17.

12.

1892.

LiabllitUa—
Capital stock paid in
Surplus and undivided proflta
Circulation outntandin*
Dividends unpaid
individual deposits
Other deposits

as

&

Paul, Louisville

and Philadelphia & Reading. On the 20th,
AtohiaoD, Chicago Burlington & Quincy, Bock Island and
Union Pacific were added to the lUt. On June 4, Chicago
Qas, Missouri Pacific, New York Lake Erie & Wsstern and
New York & New England were added; on June 15, Delaware
Lackawanna & Western, American Sugar common and
Western Union were added.
Pacific pref.

4f millions and the increase in net
If we could give the results for
nearly two millions.
the fiscal year on all tlie roads, the showing would be
still more striking, as the St. Paul & Omaha has gained
reaches as

were ChiNashville, Northern

17 to 34 InclusiTe the stocks cleared

cago Milwaukee

1890-91.

This shows an aggregate of 7,830 miles of road, with
gross earnings of almost 47 million dollars and net of
The increase in gross on this basis
16^ millions.

much

Tot. weok.3,216,5U0 207,700,000

ToUl

Due

to

banks and bankers

1.678.806

101,168
968.901
126,200
93,626

1,266.2»]
41.110
100.437

211.178

129,6%

liabilities

Total

745,881>

1.9i)8,677

108.

in

—

—

Clearingrs by Telegraph
Stock Exchange Clearing
Honse Transactions.— The subjoined statement covers the
clearings for the current week, usually given on the first page
of the Chkonicle, but which on account of the length of the
other tables is crowded out onco a month. The figures are
received by telegraph from the leading cities. It will be
observed that as compared with the correspondine; week of
1891 there is an increase in the aggregate of 10-5 per cent,
So far as the individual cities are concerned. New York exhibits an increase of 11-6 per cent, and Philadelphia, Chicago, St.
Louis and New Orleans record ^portant gains. There is a
very sUght faUing off at BostoMand a loss of 12 per cent a

Baltimore.

Nat. Banks. State Banks.
JtUu 12,
Jutu IJ,

michiuan.

1892.

Number

104

discounts
ClverdratU
Stocks, bonds. Jkc
Due from reserve asents

Wttk BnOint Aututt

bt/ Teleffraph,

New York
PhUadelphia
Baltimore
Chicago

1892.

Bankiu^e house; furniture and ftxtaree
real estate aud mortis, owned

Other

Specie
LiUKal tender notes and certifl's of deposit.
Bills of other banks

609,626,329

„

St Louis

Hew Orleana
Seven cttlee, 6 daye
Other ciUee, 6 days
Total aU cltlee, S daye
i«Me8, 1 day

TeUl all cities for week.

80,831,383
69,199,643
11,667,487
88,667,000

Other resources

6.

1891.

PsrOsnt.

•468,462,007
80,613.009
49,830,1137

+11-6
-0-3
+19-3

Total

( 76,188,662

proflta
t'Irculatlon outstanding

Dividends unpaid
iniUvidual deposits
Oilier deposits

+19-8
+10-8
+38-4

Due tu banks aud bankere....^
Notes and bills parable
ather llabUltles

•771,617,804
140,018.209

(693.833,943
130,149,816

+11-2
+7-6

(911.636,613
176,397,481

(823.983.768
159,833,887

+10-6
+9-7

*1,088.933,974

«9a8,817,a48

+10-5

6,904,318

The operations of the Stock Exchange Clearing-Houae
for
the past two weeks, and also for the
months of May, June
and July, are given in tabular form below. Thaie
operations

(16,084,000
6,414,062
8,661,740
68,439
41,646,111
887,641

Burpltuand undivided

-130

„

•76,661,868 (161.764,410
(10,603.610
3.618,487
_, 46,863
16,610.676
44,233,386
2,110.863
312.876

9,9<ie,280

lOLfSO
300

Total
"

240

(36.00e,014 (86.086.919
177,860
444,686
21.27l.778
(8,477,464
10.217.354
U,480,07S
468,006
8,837379
1.071148
1,158.780
2.260,228
587.904
666.134
1.238,088
3.081.189
1,270,028
4,864,2U
2,160,007 \
2,668,607
6,880,706
661.191$
873,662
291,149
064,711
68,380
78.663
186,998
281,711
284,7U
482,268
840,662
832,920

lAabtlitiet-

Capital stock paid in

13,161,061
69,781,000
19,419,887
4,786,142

81,62,'i,346

136

(60,030,876
286.80*
4,202.680
9,182.721
2.761,874

Due from banks and bankers

Total

1892.

/<wourcM—

Loaw and

GxotiaQfiea for ClearinK-Uouse
Current expenses and taxea paid
Premiums on United Stat«a bond*

OI.XABIROS

Retunu

Michigan Banks, We give below a statemont showing the
condition of the banks in Michigan, both National and State,
at the close of business on Tuesday, July 12, 1892, prepared
from the statements issued by the Comptroller of the Currency and by the State Banking Department of Michigan.

(76,188,S62

(86,687,610
9,060 689
2,»«1,740
105,308
67,156,788
44,621,0811

12,107,84s
604ja64

800
(76,664,868 (161,764,4ia

other deposits " under State banks Includes (36,006.372 savinga deposlta.

DEBT STATEMENT JULY.
The

following

SO,

1892.

statement of the United
States public debt and of the cash in the Treasury at
the close of business July 30, 1892.
is

the

official

^

,

...

..

THE CHRONICLE.

20L

BAILBOAD AND MlStBLLANEODS STOCKS.
Railroads.
Low. HigK
RatlroadB.

INTBREST-BBARING DKBT.
TUlt D] Loan.
IXs.F'n'dl-oan.lSfll

ComlnnedatSp. 0. Q.-M.
is,

F'ded Loan. .11(07 Q.-J

4a,

Rerd'B CertlOo's. Q.-J

$260,000,000 t25,SM.500
740,S46,700 485,077,350

125.384,500

t ...
74,507,000

559.581,350
«1.530

40,01)i,760

Do

pref

Burl. 0. Rap. & Nor..
Oanadian Pacitio

585,080.380

74,607,000

1.030,858.850 610,441,880

DKBT ON WHICH INTBRBBT HAS GBASBD 8INCK MATURITY
June SO.

tl,ll!3,150 00

8'Ptcmber 2, 1891..|l,iial,l!00 00
Fnndod Loan of 1891, matorrddates
prior to JannOld debt iDHtured at varioaa
arT 1 1»61, and other ttenisol debt ma'.n''ed at
rarlo'us oaten Bubseqaent to Jitnuary 1,1801

1,480,175

1,654,675 26

Chicago

!

&

oa.^.iinii-'^
^o.-t^D.ioa
lO

.•-.
$15,2:9.3»6 63
8.375,934 00

0,90.5,4"^ oZ

.—

$379.745.a2» 87

ON DEPOSITS OK' COIN AND
LBGAL-TBNDBB NOTBS AND PUUCHA8S8 OF SILVER BULLION.

Alton

& Qumoy.

/n tht

In

ATiunt'it

Treasury.

Circulation

IsS^trd.

•Dul

Aggregate of

2»,72o.00<i

a7.70O.iHi0

101.7i8.301

10"\5f 8.170

980.000
3,S09,8«9

Ctirrency certidcatrts....
Treasury notes of 1890.

$27,000.b5u $592,874.953 $819.675,803

certifloates..

ClasitAcation of Debt.

3m

It'ia

49%

5

6
I214
33»8

D

&

S. S.

Do
Do

10

Atl ....
pref..

&

SO's
414

Ga. Ry.

31
10
136

Ist pref.
2d pref.

ETausv. & Terre H..
Flint* Pere Maiq'te.
Great Noith'n. pref..

June

1892.

Houston

Decretisr.

1893.

&.

lAiat-ed lines

Interest-bearing tlebt
Debt n wbich int. bas ceased.
Debt bearing DO Interest

585.029,930 00

26

2,785.875 26
380,403,635 37

2.1)03,325

379,745.2^9 87

ijcgregAte of Interest and nonInterest bearing deJt

and notes offset by
an equal amount of cash In
the Treasury

685.030.380 00

967,378.936 13

I.

1.050 00

D. lsa.550 no
D. 658.4 5 50

D. 889,905 5G

868.218.840 63

619.675,803 00

'

620.245,804 00

D. 669.501 Ou

i.464.144 63

D. 1.409.406 5)

Aggregate of debt, incIudlnKJ
oertincates

and notes

1.537.054.738 13 1

!

CASH IN THE TIIBASURY.
Oold— Coin

$170,682,622
7«,623,59i
357.3«4.a73
U.i5s.ii63
80,479,594

17
49-$247.3d6,ai0 68
00
41
2i— 432.017,630 68
3l.8'in.737 84
3.8 9.81)9 00

Bars
Silver— Hollars
Subsidiary coin

Bars

Paper— Letcal tender notes

(old Issue)

Treasury notes of 1890
Qold certiflciies

17.73h.500 00

8llv«r cerLiacaies

Currency

ceitifii:ates....

,

liatloiml bank notes
tsuuds. 'iiteri*Btand c<iup'<ns paid. awaiting reintburrteiuout
Minor coin and fractional currency
Dep< sit» in U'lt'i b nk depost aiies -gen'l acc't..
Diaou singofflcers' balances

Otbe

—

4.472.41-1
980,0(io

00
00

5,931.777

62—

DBUAND

18.S94.168 06

Silver certiucated

Outatanulng cbe<-k8 nnu drafts
Dlabuising o i.uers' balances

3.^1,809.304 00
27,70ii.00o 00

10S.5tW.170 00— $619.675 803 00
0.15^.302 38
4.23*1.051 12
2-^.813,814 27

*o

4,251,014

Gold reserve
Net cash balance-

86—

$1' 0.0 0, "On 00

27,t50.a86 38

Aggregate
the Treasury Jane *i. 1892
the Treasury ju.y 31. 1892'

'.".'.'.'.'.

37.25)

Samt
of BativMv.

Principal
OUtr
ttondinij.

Vtl

Oen.

Pacific. 28.88S.12li

Kan. Paoiac.

103,001,

Onl'n Paolfic 27.238.512
Ceu.Br. U.l". l.HUU.UOO

t
129.426 37.4jO.520
SI.516 9.532.96.)
I3N.I82 39.D65.5b7
8.001

2.41.1,8.8

1,970,6HO

9,053

2.732.1

A P.

l.e28,3!io

8.141

2,318.690

C.

To««is

84.6jH.BIi.

Do
Do

Do

N. Y. Susq.

Norfolk

Do

& West...
pref..

.Norfolk

&,
<s

Bouthtrn

(«».li: "(.US,'

Bv

TVonspoffation
Service.

$

By cash

Western...

Do
Ohio
*

pref..

&.

pref..

M ississippi.

13.286.710

827.536

1

.

\ZH

15 <4

5;

6.5

33

.

Silver uUiori certs..
SoiitUern rO'tou oil.

59

21

21l«

2.7 2

181.09.^

2..^2

EXCHANGE.
following table shows the highest
and lowest
pnceg of railway and miscellaneous
stocks at the N Y
Stock Exchange during the month
of July, 18y«.
"

116%

llK'a

6<

54
13

92% 98%
53% 55%
92

92

88

mand.

4

1....
.
..H.
5.... 4 88
4
a.... 4 -8
4
7.... 4.-i8
4
» ... 4 88
4
...

89%

4 8S

4

89-%

89%
t9%
89%
89%

S.

4 87%-8 489"%'

2.... 4

6»,

c.

'99

rear.

•117
•116

*U +

.

9HI4

91)

.

H.
8

3.

.0....
1....

c. '98,
rtg.

•117%
*ll.ii4
11a
116'4
•11514
•117%
116
lit.14
BANGE OF 8TATB BONDS IN JtTLV.
IjOIO
Low. Hifjh.
Hiuh,
104
10 % Tenn. "ew scttl 3h
74% 76%
48..
»5% 9^% Vlrgmi* 6», defoir'd
6% 6%
9114 93
ti
r, ct's nlami>eo!l

dayg.

I... 4
2....

.

•114

1919
124% 124%
B<'«KKRH' NTBRLrNO KXilH^'^
IPOSTED lATESl
dO
De/>

9

197%
87%

IN JULV.

4«, lsto7,

reu.

-liio

6s,

'

1907,

"100
"100

July.

The

4»,

lUgUBSt

Alabama Class B
•
urr. fd.
Louisa, con. 4s
N. Carolina Cons. 48

REVIEW OF PRICES IN JULY—STOCKH,
GOVERNMENT BONDS AND FOREIGN

22
35

53J4

63

63
193
86
54
12

Woi"tiug. Blec. lut of.
aaseut,-a .
Do

Uiwest

«8l0.i.'-S;

96%
11%

13
2178
5II4

10% 1 1*
43
45
Texas I'.ic. Laud Pr.
1>% 2158 W,-st»ini nmon Tel..
537g

35
101

33
100
^^

•Pipe Line Trust
Cabl-...
P'.stal Te
Pullinau Palace Car.

coiiii
xl U^^,

I

6,927

.
.

Pacitic Mail

116I4

e58,2i-» 30.203,
438,41l> 25.94:

et

Improvem't..

*100

Closing

*

p

iiref

1161a 1211a
11414
331a 38 14
9014 95 14
33 >a 3578

110

Nortii Aiiienoaii Co..

6l>38

reg.,exl.'S)2p.e.

opening....

t,

Ht

2d

2mi

22

. .

Unlisted.

liltrr

9.30'.

24.814.588

D

Do

lis

60
57

'Ostr

National Linse.d
Nat'O'ialStaich >Ifi;.

i,

4%«. 1891,
pay- of

Pfiut
5 p. c.
neteaminni^ tlU I
tn'ts;

4,031.631

19%
61
5

20% Oregon

»8

84% 94
1041a lllia
5

Na'ioiiai Coi'daice....
pref..
Do
•National Lead Co...
*
pref..
Do

16

156ia 160
114=8 1151a
46% 4914

.

181a

247 »a 249
15
18»e

-.

59

*Mex. Nat. C

7g

tiSag
3 ' Ja

SS^e

825»

prt-f..

EANGE OF OOVBRMMIMT BONDS

$

6.569,052

.

."fortliern Pacillo

Do
3;,

62%

7i8

77=8

Mtuhattan Beach...

Do

\m

18
73

88

7%

9779 103%
Juuoiiiin Ky...
nt'Q-.' G*i. of B'klynxlllia I1314

E uson El. 111. (Jo
General Electric
Laclede Gas. St. L...

SB's SWa
13 ^ 1 1 3 'a
2503 2H»8

1

84%

971a 101

Chicago Gas Oomp'y.

Consolidated Gas Co.
Dls. A Cit. Feed. Co.

11

9479 1071a
95% IOII4

Auier. Toll Co., pref.
f

491a

38 14 43%
8038
75
60
61

Co
pref..

BrumwiokCo

91

73

Oil

491a

Amcrioan Dist. Tel..
•^m. Sugar Retln.Co.
T>ref..
•Do
Amer. Tel. & Cable ..

Oommercial Cable

14i«

36
100

311a

27'-

H7

41b

Do
pref. 100
Various.

n\

613a

pref..

-m

Tenn. Coal A Iron

39

36

90

Istpref.

N. Y.N. H. &Hai%rd
N.Y. <5i Nor. pref....
S. Y. Out. <fe West....
•N.Y. Pa. & Ohio....

•33

Oiiic.

56%

& Hud. R. 10 %
& St. Louis 15s

2d pref.
N. Y. Lack. <fe West. .
N. Y. Lake Erie & W.
Do
pref.
N. Y.
New England

2i)

•33

414

Roi'lnson

148% 149

Nf.wp.New.-i&Mlss.V.

Int. repaid by Ccnnpanteh.

Ww- PaoUc

Blulu

Essex
Nashv. Chat &St. L.

Interest

paid by
the U. S.
paid.

atut not

.

&

41

OK PACIFIC RAILROADS.

Jnt«rest

accrutd

Missouri PaciHo
Mobile & Ohio

1>12

$307^909

IN AID

pref

lS:.ii6ii,28n

$7>h .79 -^-i u,
i.2. V-2'> 7 \>\
127*' 5o'2h
38

lO^s
27'«
14i«
24>9

Texas...

40%

20

I

Am. Cotton
Do

pref..

&

Do

*

Increase during the month

BONDS IS80KD

Do
Mo. Kan.

761a

pief ..

D

1117g
"
~
7i:>a

108^.

23%

40

109

il04%

53
1031a

761a

*Am'-)ic n Hk. Note.

6938

36%

311a

Ontario Silver Min..
Quicksilver Mining..

135^

& St. L.

&

$154,800,329 00

77%

1501a
I2014
GO14
147

53
100
23

ISO's

Nashv..

Michigan Central....
Mlnnt-apolls&St. L..

N. Y. Cent.
». v. Chio.

183,26323
617,373 69
13.611,771 14
8.628,747 01—

LIABILITIES.

Cu reu.ry cort.fl ates
Jfrca.^uiy notes of 1-90
Fund for reuemp. of uncurrent uaVl bank notes

In
in

67.761,365 4»

$783,979,271^

Gold oe-tlHcate«

Cash balance
Cash balauce

&

23»»

Iron

p ef
Maryland Coal
Minnesota Iron

90

74

A

Do

314

21
21
Do
pref..
52
hi
Loulsv.N.Alb.iCh..
24
26
Lou. .-It. L. & Tex
21
21
Mahon.CoalRR.Co.pf 102 102
Manhattan oonsol.... 127
13338
Mexican Central
15^4 1 -i I4

MiiiTia

Aggregate

Atie cy account.,

LakeShore
Long Island
Evans.

Wells. Fargo A Co....
.*Iluln<:.

9

44
12
16
25 14

148
117
50
114

.,

Coal&

3Lia
7458
171a

IGH

Express,
Adams

Colorado Coal
Colorado Fit. 1

26%

30
7238

pref.

Wisconsin Cent. Co..

2«0

41
13
16

Kl' ga APenibr. ke..
L-ike Erie& West'n..
Do
pref..

8.

Wheel. A L. Erie

Do

831a
19^8
3979
181a
1178

1579
103^
24ie

pref..

10»s

I214

Kwawha&Mtch

Lou

Do

9=8

49

36%

Union Pac. D. AG...

United States

9'8

38

26%

831a
191a

Wabash

American

10a»fl

pref..

LoulaTlllo

Certificates

&

414

3
102ia
87

Iowa Central

Do

Pacilic
A. & No M.
Toledo
Ohio Cent..
Do
pref..
•Tol. St. L. &K. C...
Union Pacltto

211

Tex. Oen.
niiuois Central

Increase or

30.

361a
7

23
48

.

&

Texas

ToL Anu

35

8%

838

171a

.

145

260

75

6%
14

<ft

Southern Pacitic Co

133 "a 143

Harem

IOI4

3314

Paul* Daluth ...
391a 44
Do
pref
107
1071a
8t.Paul Minn.
Man. 113 115%

ae"*

I6S1

1121a

St.

98
165

481)8

112
10
32
75

.

pref..

D')

72

71ifl

pf.

tsld.

H

751a 7B%
IS-is
I54I4 160

Grande...
pref

& (ir.

Joseph

91a

7
45

42

St. L. Alt AT.
81. L. &8. F. Istpref.
St. Louis Soulhw

135

Ur. B. W.cfeSt.P.tr.rec.

RKCAPITULATION.
JiiJl, 30.

95
155

& Hudson.
& Western

E.Tenn.Va.

St.

1177g 120
6413 67 H

&

*

RIoGranrle West.

154
40
178

61a
658

reo....
pref..

tr.

23%

153
38
176

Sara...

Rome Wat«r & Oed

81=8
50'%

47

&

A

aer

Do
Do

14«

77I4

Des Moines &Fr. D..

$136,881,820 $154,800,829
4.4^2.181 327.338.823 331.rtOH.804

9
61
63

(!.

Richmond Terminal.

1267e

144

&

Del. Lack.
Jen. <fe Eio

I6I4

9
58=8
5838

&

11438 118

Ohio.
Northwest...
Do
prefOhio. AEoclr Island..
Chio. St. P. Minu.
O.
pref..
Do
01. Cm. Chic.
St. L.
pref.
Do
Cleveland A Pitts ...
Col. Hock. Val.<feTol.
pref..
Do

Do

$17,738,501
,

125

prof.

Delaware

16H

Reiifise

91H 99%
79% 84H

pref.

Do

79 14

C. ASt. L.. pref.
Pittsb. Ft. W.
Chio.
*'. lit tr. reo..
Pitts

9812 lOi^s
61
61

Ma & St. Paul.

I

BllTer certificates

pref.

&

»34e,881.01b 00
°o-"4' o"

AKxreKateor debt bearinK no Interest
OBRTIl'Ii'ATKS AND NOTB1 ISSUED

Gold certincates

2d

Do

12,803,326 28

2ti

DKBT BEARING NO INTERB3T

ClaulllcaUon of Oertijlcata and Notes.

Istpref.

CWo. AEast LU
Ohie.

$2,785,875

legal-tender note.
Old demand notes
national Bnt notes:
Uedemptlon account
^actionnl cirrency
Leaa amount estimated as lost or destroyed

do
do

Ohio. Bull.

ob vhicb Interest bas oeaeed

jince matnrltr

Do
Do

.

Jlrf»S0.

70
22

P

31
25
23
601% 6a>s
42 7g 4379
150
154

BiQh.
3014

30I4

Orptroo Hy.&'Nav.Co.
Oreg. 8h. L. & U. N..
Peo. Decat. & E'vilie.
Peoria & E<8tnro ....
Phila. «fe Reail certs.

3OI9

,

Low.

Ohio Southurn

139

135

Oeatral or N. Jersey
Central Pacillo
Odes. &0. Vo t.Tr.cort.
.

BR.

Afffn'evate of debt

Buff.

Canada Soiitliern

Awreiimeexcrd'.
B'd» to P»o.

9554 99
•'>*1
4>8
100i« 101 1«
4138 43
87>3 >-8
50>8
48
871g Stl"*
6018
x5tJ

& Ohio 8. W. pf.
& N.Y. A. L. pf.
Eocli. & Pitlsb.

Boet

39%

35

AOhlo

Edit.
Bait.

Total.

Ooupor..

Id'

160

Susqiie

Atohlson Top. AS.Fe.

Itsiud.

RenUterea.

&

Albauv

Amov/nt OtitttancUng.

Amount

Jnt'rt
Pay'lt

[VOL. LV.

87%-8

4

9-%

" •«

July.

ma

dayt.

It'!

25
J6
il
28
29

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

18... 4 8.-%-'< 4% 9 %
19.. 4 87%.- 4 •<• %
20... l i7%-8 4 89-%
21...
87%.8: 4 8'-'*
22...
M9

3.1

.

-9%

1

l87%8

24...

De-

July.

8'-%
8w-%
89

13.
4 87%.8 4
14.
i H7%
4
15.
1 8 %-8 4
16.
4 87%-8 i
17...
S.

•23..

JULV, 1892.

I

1

87% 8
8

4 89
I

%
%

•itipt.

4 8%-8 4
%-'^ 4
4 87%-8 4
4 8'H-8 4
4 8 %-8 4
4 «

4

87%-< 4

11

89%
89-%
89-%
89-%
89-%

89%

ti

Open. 4 88
diKh. 4 -8
,«>w

mand*

4

.
1

Last ..li

^7%

4 69-%
4

89%

4 89
87%-8l4 89-%

4

;,

August

THE CHRONICLE.

8, 1801.]

.4.^^^>/<r^.««»«»««.>4«»1 -STtttvIfalr
^CWB
gUflUSIt m.p(n«
|P0UCtaVB5®0»»»tt«»^Ctal

m»M

[From oar own oorreaponAent. J

London, Saturday, July 23. 1803.
The money market has fallen back into its old condition of
stagBancy. There i« some demand in the open market for
gold for France, and the Russian Oovernment continues from
time to time to withdravr gold but on the other hand the
;

I

eastern,
^^

^^^^

208

which waa so wverely affected by the Durham

Btrlke,

^ pay ^^ ^^^ ^^^ ^^ only S per cent per annam. axaitut
1

I

6 per cent at this time last year. The market had hoped that
the great loss of traffic would be to some extent •ompeoBated
for by savings in the working expenses. It appears, however,
that the hope has not been realized to the extent expected,
the dividend having been cut down fully one-half. The London & Southwestern Company declares 4J^ per cent per annum against the same rate at this time last year. The announcement was regarded as disappointing, for the grow

from abroad, the supply of loanable capital
very scarce, trade is very quiet, and earnings of the company were about £50,000 more than fof
are
bills
is excessive,
speculation is paralyzed.
the first, half of last year. It would seem, therefore, that the
The price of silver fell on Wednesday to 89J^d. per oz., working expenses increased more than had been anticipated.
barely p^d. higher than the lowsst price ever yet touched, and The London Chatham & Dover Company, which has never
though it recovered yesterday to SOJ^d. per oz. the imprtsaion yet paid a dividend upon its common stock, declares a divifurther heavy fall. dend on the preferred at the rate of £1 14s. per cent pe»
is very general here tliat there will be a
The repons from the United States that some of the New annum against £1 15s. per cent per annum twelve months ago.
York banks are refusing to pay out gold when intended for And the Metropolitan District Company declares a dividend
•xport, and that the Treasury is coLsidering whether it will at the rate of Zli, against 2^ per cent per annum twelv»
•xchange gold for silver, have made a very bad impression months ago. Of th« four companies, therefore, one has had
upon the market, and the feeling for the present, at all to reduce its dividend one-half (though for an exceptional
events, is pessimistic.
cause), another is distributing a handsomely increased diviDuring the past couple of days quotations upon the Stock dend, and the two others practically maintain their rates.
Exchange have been put up all round, but this is due not to Ten English companies altogether have now announced the
any increase in business but to covering of shorts. Business, results of the past half-year four distribute larger profits
indeed, is said by many experienced stock-brokers to be worse than for the first half of 1891, three distribute at the same
now than it has been at any time for half a century. Prob- rate and three have had to reduce their dividends materially.
ably this is a gross exaggeration, but all the same it shows
Representatives of the Mexican Central, the Mexican Navery clearly the feeling that exists. lu the American market tional and the Mexican Inter-Oceanic railway companies have
hardly anything is doing, and the bulk of the little business arrived in London this week to open negotiations with the
done consists of sales by holders. Rightly or wrongly, our Mexican Railway Company for a pooling arrangement. The
public is alarmed by the currency situation in the United war of rates is inflicting heavy losses upon all the companies,
States. Nobody can se«^ how the purchases of silver can go and every one of them, therefore, is interested in arriving at
on much longer without causing serious trouble but if the an agreement but it is generally felt that the task will be
purchases are stopped, people are asking anxiously, what wijl difficult and probably will occupy much time. Two or three
be the effect upon the silver market, upon the trade of tlie attempts to come to an arrangement have already failed
tilver-using countries, and upon the Eastern banks? The still the arrival of the delegates has been hailed by a general
Eastern banks are already in difficulties, and a further fall in advance in the stocks of the Mexican Company.
silver would be, therefore, the more severely felt. The condiMessrs. James Lewis & Sons, of Liverpool, state that the
tion of China is said to be worse than it has been since the arrangement between the European and American copper
treaty ports were opened. And though India is more pros- mining companies is to the effect that the American export to
I)erous, the Straits Settlements are suffering severely.
Europe is to be restricted to 40,000 tons per annum, and that
The Continental bourses are to an extent affected by tb« the European production is to be reduced about 5 per cent, or
spread of cholera. It is believed, indeed, that the deaths in 3,500 tons. The two together would amount to a reduction of
and around Paris are not caused by real Asiatic cholera, yet 10,500 tons for the year ending with June next. As duringthe epidemic excites apprehension but by the more timid it 1891 English and French stocks decreased 8,863 tons, should
is feared that cholera may advance rapidly from Russia to
the consumption for the next twelve months equal that of the
Western Europe. The official reports from Russia respecting year 1891, stocks promise to steadily diminish. A meeting of
the crops are better than a month ago, but private accouuts the representatives of both European and American produc•till state that there will be another failure; and so great is
ers is to be held in London about the 15th of each month to
the depression of all enterprise that an application has been consider the situation and regulate the carrying out of the
addressed to the Governmirnt by influential merchants for a restrflstions placed upon them.
moratorium. The Spanish Cortee has adjourned without
The following return shows the position of the Bank of
passing the bill authorizing a new loan, The opposition to England, the Bank rate of discount, the price of consols, fto,
the bill imposing heavy duties on imported railway material, compared with the last three years:
1889.
1890.
189«.
1891.
anl permitting the railways as a compensation to increase
JiUm 24.
July 33.
July 33.
JuIV 20.
their rates and fares on everything else, was so prolonged and
S
£
«
85.095,93&
25,011,015
26,495.890
86,190.770
obstinate that the Government had to give up tlie hope of ClnralatloQ
6,423.113
3.739.508
4,788,704
4,143.218
PabllcdeposlM
carrying any measure. But how the Government can pay its Other deposits
30,720,49
37.681,813
32,425.160
88,783,*19
14.503,267
eo,3u,02a
13,494,033
12,133,003
way without a loan is not easy to see. The Bank of Spain aoTonunent securiUei
80,313,014
22.718,013
26,058,271
29,695,6*8
dtuing the past five and a-half years has increased its ad- Other aecaritles
13,731.010
12,272.^15
17.268,283
16.713,061
SaierTe
vances to the Government about 66 per cent, while it has re- Oolnand buUlon
22,«M,»45
20 836.110
87,004,058
86,764,851
38 16-10
42
3-H
duced the accommodation it gives to the business community Prop, useta to llsbllltlei,p«T ct. 44 11-16
4
2
^H
perct.
2M
about 43 per cent and it has largely increased its note circu- Baokrate
08 016
95 5-16
9613-16
05 13-16
Gonaola 2M per cent
lation.
114,009,00<>
At home the prospect of an early change of Govern- GleuUui-IIoase retunu
142,882.000
113,804.000
131,573.000
ment, the beginning of the holiday season and the depression
Messrs. Pixley& Abell write as follows under date of July 21.
in the cotton trade are checking business.
Gold— The Bank of EDgland has purehaBed .£201.000. and sold
Arrivals; Cape, £62,000; Australia, f 198,000; total,
The cotton trade is so bad that spinners are considering the .teo.ooo.
*260,(IOO,
,
„
Sliver— On the 15th inet, rose to 39\d. and remained noiulnallyiinnecessity for reducing wages. The operatives on the other
changed till the 18th, the price bciDg luaiutjilued throunh a good
hand, while admitting that the trade is very bad, and that in demand for Mexican dollars at 3!ld, It ha» since fallen to 39^. at
for sale. Arrivals— Aew York,
fact there is little or no profit upon transactions, contend that which it elopes llrm toHiay. with none
«69,000: Bouth AUKTic;i, jt.M.OOO; tot»l. £123,000,
commaudcd
a i>remlum, ana are
a reduction of wages would not improve matters. They proMexican dollars— These coin have
only ^d, under bur silver.
fess themselves willing to agree to a reduction of the working
The following shows the imports of cereal produce into the
hours, say to eight a day, or to a stoppage of work for a p.irt
United Kingdom during the forty-six weeks of the sea£oa
of every week, or even to a oomplete stoppage for a certain compared with previous seasons:
time, but they allege that they will resist any proposal to remroBTS.
1888-89
1889-90.
1890-91.
1891-92.
duce wages. If
reduction is insisted upon the threat is
51,492.807 .">0,412.710 92.884,505
tmporteofwhe8t.owt.61,70.i,809
-17,418,843
made that there will t>o a general strike throughout I.unca- Bkrley
13.0.12,141
15,190,711
15,435.390
13,226.343 14,003,577 1 1,047,373 14,782,387
OaU
iwre, Yorkshire, Cheshire and Derbyshire,
2,0S4.!3L
1.027,905
1,817,223
2.491,193
Feos
2,814,083
3.044,978
2,755,031
3,723,130
Diirkig the week four English railway coaipaaie* have an- Beans
27,113.307
36,965.839
26,090,890
20,236,514
bidktB com..
xount)«d their divideitdii for th« past half-year. Th« Nuith- iloar
17,691,1»0 14,200,271 15,015,278 12,733,9iS

metal

is

comine

in

;

;

;

;

;

.

.-i

f

.

.

THE CHRONICLE.

204

?

OE
Sappliea available for consumption (exclusive of stocks
ffcptMnber
1):
""'^"^
1888-89
32,441,970

98,553,830
1888-89.

98,141,108 108,337,016
1889-90.
1890-91.
33s. lOd.
383. 3d.
309. 7d.
349. lOd.

108.166.870

Total.

1889-90.
50,412,740 52,884,505
15.015.276 12.733.948
42,909,000 32.935,377

1890-91.
51,492,867
14,206,271

1891-92.
CWt 61.705,809
Wheat
17,691,166
ImportBOf flour
BaleB of home-grown. 28,769.895
1891-92.
Aver, price wheat week.29s. Id.
Avenwe price, season.. 338. lOa.

29s. 4(1.
30s. 11).

Wheat
Hour, equal

Amount outstanding August

1,

$172,575,638

$706,465
861,542

1892*.

296,000
633,000

314,000
628,000

221,000
410,000

230,000
824,000

on deposit to redeem national bank

Cable.

London,

Sat.

London

391

391)8
9616. a
for account...... 9615,,
Vr'ch rentes (In Pari8)f r. 98-37la 98-50
,. 121
U.S. 4b of 1907
91%
Canadian Paciflo
Okie. Mil. A St. Paul.... 8614

<»m»ol9.n6w,2% perots.

BUnolg Central
.-..--

lonlsvUleA NashTtlle..
Mexloan Central 4s
K. T. Central & Hudson.
r. Y.Lake Erie & West'n
do
2d cons
HortolkA Western, pref.
XTorthem Pacific pref
.

98-75
121
9138

70%
II6I4
29i«
IO8I4
45^8

138

138

72^
70%

3158
40«8
27J4

1051a
13818
7-.:%

70%
II6I4
2918

108
447g

59%

5914

56
31

56
31

56

3958

391a
26'8

29%

26%

31
2658

^xamtxti^l atift agaiscjeHaucoits Hews
Cto"STCENMENT Revenue and Expenditures. —Through the
courtesy of the Secretary of the Treasury, we are enabled to
place before our readers to-day the details of Government
receipts and disbursements for the month of July.
From
previous returns we obtain the figures for pre-vious months,
»nd in that manner complete the statement for the seven
months of the calendar years 1892 and 1891.
BBCBIPT8 (OOOb omitted).
1892.

iV.Bk.l„,.,„

Ou-

InUrn

tomi.

Oev'ut Fund. B'rcM

7otal.

«

1

»

»

Jan.....

I7.S91

11.911

1S9

2.129

31,590'

Veb....
Hsnft..

16,7*8

12.169

67

1.727

16,416

12,134

1,288

80,766
30.049

2.401

A»«U..
Umt...

13,831; r2,42»

212
417

18,183

13,OSO

a-jo

2,0&7

aon*...
Joly-..

14,618

14.780

861

1,660

rj.«0»

14,866

mw.

109,888

91,352

29,074
28,499

31,219
257| 2,243j 34,671

N.Bk.

Ou»tomt.

IrUer'l Red'p. Miic'l
S'rces

t
246
338
891
681
128
90
142

t

23,077
18.994
15,378

11,966

9,490

11,207

U,0G3 12,299
11.616
14,169

11,975
13,727

15.468

14,652

1.638 13,408 2I5,768!|110.750| 85.215

According to the above the amount of legal tenders on
August 1 with the Treasurer of the United States to
redeem national bank notes was $36,288,098. The portion of
this deposit made (1) by banks becoming insolvent, (2) by
banks going into voluntary liquidation, and (8) by banks reducing or retiring their circulation, was as follows on the first
of each of the last five months

deposit

:

Depotit*

by— April

May

1.

$
678,088

Insolv't bks..

June

1.

July

1.

August

1.

$
757,794

$
740.644

$
791,961

1.

$
777,898

Llqnld'g bks.. 5,058,797 5,156,022 5,172,346 5,002,312 5,027,885
Red'o'g undr.
act of '74..* 23,326,056 22,463,904 21,796,504 21,072,509 20,482,315

29,062,911 28,411,887 27,709,494 26,892,615 26,288,098

XotaJ
•

A*t of June

20, 1874,

and July

12,

1882

—

Coinage by United States Mints. The following state
ment, kindly furnished us by the Director of the Mint, shows
the coinage at the Mints of the United States during the month
of July, 1892, and the seven months of the year.
7 iConthe of 1892.

July.

Denomination,
Value.

Piecei.

513,138 10,262,780
821,040 8,210,400
832,399 4,131,995

1,180,000

59,000
26,000

Doable eagles..
Eagles
Half eagles

Taltie.

Piece*.

260,000

Three dollars...
Suarter eagles

160

64

ollars

Total gold

1,440,000

428,000

464,000
180,000

116,000]

2,166,641 22,635,315

85,000

428,000

2,872,995
1,894,583
7,053,074
10,784,391

2,872,995
947,291
1,763,260
1,078,439

559,000, 22,605,043

6,661,994

6,855,102

342,760

19,000

17,439,382

174,394

24,294,574

517,154

15,000

total.

Bm'ue limd.

«

$26,288,098

Standard dollars.
Half dollars
guarter dollars.,
imes

1891.

1

604,517

Circulation of national gold banks, not Ineluded above, $107,152,

85%

29
108
45

4538
5938

56

5616

4OI2
271a
Wabash pief
L For September account.

9058

JS'^
116

108

IS's
6018

99 10
121

721a

II6I4
2938

108

Union Pacific

121

105 14

2s) Is

rbUsdelphla & Beading. 311a

121

73%
71
II6I4

60 >4

.

9915

105 14
138

•—

9613,6
9678

x96''8

96--»,8 x96i:.,e

?9^
8538
10514

&
o
W

96'8

39

98-d7ls

911*
8558

86%

105)4
138J4
7339

39

391^,6

;6

9615,
9615i«

^o

Fn.

Thurs.

Wed.

Tues.

5:

$26,892,615

$257,025
861,542

notes August 1,1892
*

for securities, &c., at

iron.

Amount

155,077

$172,^20 561

.,

1890.
1.948,000

The daUy closing quotations

!

:

//auonal Bank Noiet—
Amount outstanding July 1, 1892.
Amount Issued during July
Amount retired during July

1891.
2,060,000

«re reported bv cable as follows for the week ending Aug.

%

;

Lastweek.
1,935,000

EnKlUb Flaandal MarHet*— Per

IjOce Shore

notes July 1, together with the amounts outstanding August
also the
1, and the increase or decrease during the month
changes in legal tenders held for the redemption of bank
notes up to August 1

This week.
ars. 1,757,500
to qrs.
qrs.

lUUe../.

[Vol. LV.

Legal Tender Ifotei—
Amount on deposit to redeem national bank
notes July 1, 1892
Amount deposited during July
Amount reissued & b'nk notes retlr'd in July

following shows the quantities of wheat, flour and
Buuze afloat to the United Kingdom:

The

t

.

1,042,000

Total silver.

I

t
2,603 37,891
789 29,611
2,447 29,418
2,197 87,130
3,889 27,668
3,786 81,722
4,138 34,300

1,916 10,749 317.830

DISBUBSKMENTS (OOOS Omitted).

five cents...
Three cents.,

One cent

1,900,000

Total minor

...

1,900,<100

19,000

Total coinage..

3.027,000

2,018,000

National Banks.

—The

49,066,253 29,814,46

following national banks have

recently been organized:
4,782,—The Western Reserve National Bank

of Cleveland, Ohio.

Cap

ital, $1,000,000.
Cashier, George 8. Ku8sell>
President,
4,783.—The Mci;artuey National Bank of Fort Howard, Wis Capital$50,000. President, David Mc artney; Cashier, Joseph H;

1892.

OrM.
nary.

Xaru.

V«b.
March..

«•..

.

In-

12,706' 1.766

I4.751I 12,908' 4,078
IS,612l 12,122

M,06ll 14,236' 7,048

*!/...

tf.Bk.
H«l'p. ToUU.

Pund.

»
»
»
»
t
M,98e 10.522 6,678 1.4
35.6«3
I8,«37| 11,6«2
764 1,519 27,482
14.557 I8.4I4I
248 1,206 29,425
16,589

Mar.-

Ptn-

Mott*. terett.

1891.

1,088| 81,098

1,023
1,018

82.758
88,941

916 37,249

Oriinary.

Pen-

$
17,588

i
1.C80

In-

sions. terest

11,776

17,310

18,831

9.518

21,172
18,760
14,188
21,814

264

N.Sk

Taylor.

Ked'p

lotdl.

Fund.

— ._

*
2,851

2,462

23,981

360 2,27»
702 2,440

31,491

1,540

26,331

736
719

2,082

18,721

2,275

30,099
85,»03

ijiPOBTS AND Exports for the Week.— The following are
the imports at New York for the week ending (for dry goods)
July 28, and for the week ending (for general merchandise)
July 29
also totals since the beginning of the first week in

18,663

2.82S

1,69k

39,799

January.

8,521

106,077' 87.488 20 ,861 8,207822,813 123.989
69,077 10,646
•Juelndei $39,581 disbursed for preminms.

31,726

i

BondtHeldJuly 31, 1892,

iTtion of Bondi.

Bank
OamoBret..
Spercenta..
TatKl.

a^tT

in Banks.

dreulation.

Cl,116,000
12,753,000
1,628,000

$11,611,000
129,901,700
21,987,850

»15.497,000

1163,500,550

VOBBIOH IKPOBTS AT

to

For Week,

1889.

KBW

TOBK.

Dry Goods
9en'l mer'dlse.

Total
Bince Jan.

1890.

1891.

1892.

$2,881,954
6,897,425

$3,572,611
8,587,994

$2,707,515
6,'i33,074

$3,309,051
8,227,033

$9,779,379

$12,160,605

$8,940,589

$11,536,084

$78,349,399
210,858,603

$92,937,733
225,316,329

$70,161,265
239,575,938

$71,967,239
257,826,652

1.

Dry Goods
Cten'l

mer'dlse.

total

30 weeks. $289,208,002 S318,254,062 S309,737,203 $329,793,891

Steure-

TheiTiportsof dry goods for one week later will be found
in our report of the dry goods trade.
Total Held,
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
»12,727,000 weik ending August 2 and from January 1 to date
:

142,654,700
23,til5,850

XPOBTS FBOM NBW TOBE FOB THE
1889.

^178j997^50

Tendkks and National Bank Notes
to
't^w^
AoauBT l.-lhe
Comptroller of the Currency has
fumWied
the followmg, showing the
amouats of^naTioMrCk

W

;

14,771 218,329

Bonds Held by National Banks. -The following interesting atatement, lurms.hed by the Comptroller of the
abows the amount of each class of bonds held againstCurrencv
national
bank circulation and to secure public moneys in national
bank
^^ «^^« ^^^ sfatement for Ju^e
faf^iJ^ii"^"'' of^^'V^.^^o
faOBBOWCLK
July 9, page 48, and by referring to that
the
OMBgee made during the month can be seen.

lit

;

2,365

ITmOT.

V. 8.

4,784.— The First National Bank of Denison, Iowa. Capital, $100,000.
President, W. A. McHenry Cashier, Sears MoHeury.
4,785.—The City National Bank of Bowie, Texas. Capital, $50,000.
President, Wade Atkins; Cashier, J. A. Menefee.

for the week..
Prev. reported.

$6,764,594
187,597,058

WBBIC.

1890.

1891.

1892.

$5,843,745
183,571,510

$5,979,446
196,436,882

$5,957,398
225,324,872

total 30 weeks. «194,361,652 8194,415,285 f202,416,328 $231,282,270

..

1

.

.

'

August

In store at

AND IICPOBT8 or spaota at ttaw tobk.

Sold.

Wuk.

$32,185

$1,500

96,202,143

Qrest Britain
Prance

\8inct Jan.l

Wtek.

\9i)tctJan.l,

4,496,90

16,310,228;

$3,950,000

914,150

19.."i57,350!

eermany
Itexloo

23,000

6outh America

229,(i3H

7,479
1,333
7,985

6,626.190
H.OOO
1,065,913

"i',5o6

West Indies

2!t.«t;5

505.150
163,316

10,500,

All otlieroountrlo8..

$6,370,405
2,507,783
5,450,514
31,1851

$18,302
29,810

$3,971,500 $49,780,363
31,572 74,706,776
6,539,564 16,522,078

ToUl 1892.
Total 1891.
Total 1890.

Imparls.

Bxportt.
Silver.

Since Jan.

Week.

Since Jun.l.

Week.

1,

$21,014
335,737
91,255

$374,000 $10,766,999
510,139

Sreat Britain.
France

1,300

Qenuany

814,003
38,215
528,590
20,869

Weit

Indies...,
Hi>xlc«.

Bontb America

325

All other ooantrieB..

55.000,

613,800

273,(>87

950

424.653
30,190

10.',0:J8

$18,799 $1.285,'<74
l,24'i,.370
4,199

$374,325 $12,710,115

Total 1392.
Total 1891.
Total 1890.

$17,819

8.136,218
12,050,3311

coin.

market is indicated in the
itatement below, prepared by us from the figures of the New
York Pro<luce Exchange. We first give the receipts at
Western lake and river ports, arranged so as to present the
to

comparative movement for the week ending July
»ad since August 1, for each of the last three years:
Flour.

Wlunt.

SMJ.190UM

BuihM lbs

Jte«pteat'Chloaco ....
Milwaukee...

Biuh.6

1

OaU.
IDs

Barley.

Bm1i.32 U>< Sluh.4SUM|Bu.96Uw.

l.Zii

1.269,100

SO.IOU
8,421
5,000
22 J. 160
73,250

14.800
21.137
35,000
114,480
181.600

I,9«..W»

100342
15,385
70,947

2.U0

5,««0,88i)

1.493.329

Suae wk.'91.
Same wk.'»U.

154.0M

7.012.(91
2,758.038

2.287.723

1.978,262

192,01:1

2,472.»a

2,252,676

reorta.

Tot-wk,

Since Aug.

6.600

2,100
8,000

700

11.421
395,458
84,337

1.

13,<28.S1( •£K,l18-i,815 136,139,211
111,932,397
10.419,781 lJ5,n75.«3 10 ).8o8,850 94.127,053

1801-92
1390-91
1389-80

l,73;,O0O
25,000

43,000
24,000
71,000

63,000
7,000
114,000

20,000
1,000
4,000

14.000
1.000

5,000
87,000
11,000
623,000
233.000
lOO.OOO
15,000
23,000
150,000
17,000
6,000
544,000
569.000

ii'.oioo

Therece ipts of

fl

31,763,315 14,582,294
28.434,104 4,843.906
6.365.859

our and grain at the seaboard ports for the
1893, follow:

8(.),

Flour

Al—

Sew York.

...
...
.. ...

Boston
Montreal
PbUsdelpbl a..

Corn,

Wlieat,

bblt.
bush.
116,0- 9 1,065.650
55.9d i
368.52i»
28.29
255,40 6

189,314

Total week.. 335,722 2,345,635
week '91. 276,155 3,107,216

-Cor.

„,
yioiir

bbls.

WTicat

bash.

Corn
Oate
Barley
Kye

bush.

108.430

193,2 76

,

'6',6'JO

1,000
4.000
5,000
3,000

22,000

196,000
215,000
531,063
464.093
796,864

OAB COMPANIES.

{

Bid.

(

Ask.

QAS COMPANIES.

;

140 !{ Williamsburg
Bonds, 6s
Coasolidated Gas
lie's 117
M6tropoUtan( Brooklyn).
Jersey City «fc Hoboken.. ISO
Municipal— Bonds. 7e
Metropolitan— Bonds
no
Fulton Muuicipal
Mutual (N. V.)
140
10(1
Bouds. 6s
..
Bouds. 6s
103
141)
Equitable...... ......
Nassau (Brooklyn)
100
....
Bonds. 68......
Scrip
People'^ (Brooklynl
93
93

Brooklyn Gas-Light

135

Atlantic Av., B'klyn.St'k. 1 12
Gen. M..6S, 1909...AdkO 100
Bl'okerSt. <& Pol. K.-Stk.| 29
Istmort., 7s., IdOO-.JdkJ 110
Br'dway A 7tUAv.— 8t'k..!l95
1st mon., 5s, 1904 .3AB 104
ad mort., Ss, 1914...JAJ 103
*24,103
8'way Ist. OS. gu

613,312 1,'J23,274
686,065 711,000

4.523
1,40J

1,800

50

Week

Week

Aug. 1.
239,378

Aitg. 2.
--*'—-

217,832

Week
Aug. 3
255,746

Wheal.

from—

771.603
267.970
799,186
13.823
7.048

686.907
453,195
1,103,709
9,296
22,219

410.605
739,76 J
1,120,583
8,834
22,527

332.505
893,022
8,263
22,555

Com.

Flour.

2,020,116

2,602,318

Oats.

.
.

Montreal
I'hUadi-1

Baltlm'rc

N.Od'ns.
N.NewB.

Hush.
964,521
87,971

Biuh.
206,360
11.526

272.07,-<

1.905

h2,000

84.000

21m, 10

80.1113

221,"00

97.07 i

Bbls
83.362
12.342
29,292
13.357
13.933
5,28a

Bush.
58.159

260,765

"«d

Rye.

Peas.

Bush.

Bush.

629

1,725

8,792

83,487

Dry Dock B. B'y ± B

11

100 IDS
250 ....M

Scrip
BlKbth AT.— Stock

103
30

EignthAv.— Scrip,88,1914 105 108

&

42d

300
107
105

Sr'nd

St.

F'ry-Stk. 250 ....AiO 100 103
53 55

lat mort., 78, 1893.

42d

107

St.

Manb..& St.N.Ave.

1st mart., 68. 1910.. M.tS 111

!

Auction Sales

—Among other

HI

59 61
200 ..._
100 107
132
118! 120

103 105

3UU 20S
205 210
112,111

250
102! 104

securities the following,

By

Messrs. R. V. Harnett

&

not

Co.
Shares.

Shares.

54 Nat. Bk. of Commerce. $1 371*
202
50 Fourth Nat. Bank
26 Western Nat Bank
121>a

10,300 The Jericy Blue Mining & Milling Co
8103
4,300 Contract Mining <&
Prospecting Co. of Col. $11

By

Messrs. Adrian H.

MuUer

&

S jn

:

Bonds.

Shares.

100 Stat<>nIsl.Ry.,$l5o ,$60p.sb. $29,000 Col. & East. Coal Co.
2 Chemical Nat. B.ink. ,..4-510
of Col., O
Ist, «8. 1909,
40 Mamf.Nat.B'k of Bklyn.210'«
113,000
J&J
7 Wmsburir Fin; lua. Co ..310
$178,000 Dcnv. City Water
315i4
5 Nat. Park Rank
W.Co. 63. 19ie, May. 1892,
2S
70 Thurber-Whyland Co o. 50
couponson
199 Gem Mfg. Co., N. J -,$25
eaob
50c. per sh.
,

M^xthiVLQ ancl l^tuauctal.

....

LIBERTY NATIONAL BANK,
Central Bullilla/, 143 Liberty !4treet.

JAMBS CHRI3TIB.

New

Vark.

HBNRT

C. TINKER.
HK.NRY OKAVKS.

J.

11.

K.

Cashier.

DIRECTORS.
VOUNO.

H.

O.

W.M. RU.NKLK,

HON.

DU.MO.VT CLiUlKB.

1.

A.

B. K. C.

BAKKll,

MAJtWKLL.

J.NO. U.

PAHNB8T0CK,
O. A. UUBABT.
UAULANU.

8TAR1N.

THE MERCANTILE NATIONAL BANK
OF TUB CITV OF NKW YORK..
Mo. IBl Broadway.
$1,000,000 !3arplao&Proat», $1,030,00
WILLIAM P. ST. JOHN. President. FRBDIIKICK B. SCUBNCK, Oashloc.
JAMBS V. LOTT, AssUtant Cashier.
•

1

I

ACCOUNTS SOLICITED.

25',714

Spencer Trask

&

Co.,

BANK BBS.

Norfolk..
Portland.

Wall

week 1,315.630

433.882

163,075

318,934

1891 ..2.114.224

462.157

150,732

739

me time

140
107

10ft

1

Capital^

New York'

I

xl&3 165

CAPITAL,.
S300,00«
ACCUCNT3 OF BANES. BANKBR3 AND MBBCHANT3 SOUCITBD.
713,796 HBNBT C TINKBB President.
IIB.VKV aBAVBS, Vlo»-Pr«ald*M

The exports from the several seaboard ports for the week
ending July 80, 1893, are shown in the annexed statement:
Brporli

111
117

18,337
24,600

Week
July 30.
279,321

2,275,356

137
1U3

97
2d M,, income.6s....J&J
2n(l 58, Int. as rent..'05.| 94
139
167
Honst. W.St.<t P.P'y—Stk.
Brooklyn Cits-- Stock
110
B'klyucroiat'n 6s.. 1908 109
ist mort., 7s, 1394.. J AJ
Bku.C"y<feN'n58,1938 J.ftJjlOl's 1021a Niuih Ave
Se ^und Ave .Slock
Central Crosstown iSl'k..'l30 '-...
117
Isl mort., 58. ie09.MAN
1st mort., as,1922.MJtN 115
140
Sixth Ave.- Stock
Cent. Pk.N.&E.Biv.—Stk. 115
120
Third ATe.— New stock...
Consols. 78, 1902 ...JAO 117
J4J
1st M.. 5s, 1937
Ory Dk.K. B.A Bafy— Stk. 117 130
101
Twenty-third St.- Stock..
Ist mort.. 7s, 1893..J<ftD 100
1st mort. 7s, 1893

rail shipuaents of flour and grain from
river ports for four years:
1892.
1891.
1890.
1889.

1,359.630

A«k

Bid.

130
108

City Railroad Secarltles— Brokers' Quotations.

UKO.
Total

i

,

3,723
8 JO

46.415
40.010
41.217

375,000
433.000
71,968
399.998
362,939

N. 1. and Brooklyn ttas Secarltles— Brokers' Quotations,

Hye,
bush.

16,437

122,270
105.106
45.624
9.510
255.588

245.6. 9

19.2.50

Barley

436,900

.

352,01 7
594,939

Oats.

bush.

12!J,081

'.

50,60 2
Baltimore. ... 57.13 5
RIohmoiid. ...
3.97 5
New Orlean a.. 23.63 3

Below are the
Western lake and

bush.

14.000
33,000
107,000

3,000

regularly dealt in at the Board, were recently sold at auction.

UJ80,W.> 119,069.300 182.307.656 97.525,319 26.130.628

-week ended July

8*

25,000

3,000
2,000
98,000
7,000

—

13.986
3,000

Barltu,
bush.

20,000

I

281,(181

ti.903

36.081
4,640

16.500

83.00o|

10.440

-aa.

Loni*

S6.a«6

1,426.193

227,122
30.000
1,793,038
24.SS0

Detroit
CleraiuKl....

Sue.

«.Wtf
6.^00

37,iS20

128.116

Toledo

Com.
1,136.958

Mlaneapolla.

Tot.

bush.

Tot.J«lr30.'92 23.993.00a 6.9»ii.00J 5.058.000
Tot. July 23.M2. 23.063.000 0,857,000 5.310,000
Tot. Aag. l.'Ol l«.7(i3.103 3,373,3.57 2,072,631
TotAug. 2,'90. 13,372.679 11.561,352 2.530,317
TotAug. 3,'i9. 12,687,967 6,938,351 3,719,754

30, 1893,

7SS.090
liS,50a
103. 38o
8(7.030

80.8121

'Oolatli.

Boston.

.

Bye,
bush.

Oats,

536,000
69,000
20,000
49,000

1,283,000
151,000

1

The movement of breadstuffs

flt.

bush.

676,000
New
25.000
Do
6,000
Albany
317,000
699.000
Buffalo
3,911,0i>0
4,012,000
Oblea«o
1,000
139,000
Milwaukee
Dulutb
2,804,000
88,000
135,00J
Toledo
0,000
173,000
Detroit
116,000
2,205,000
Bt Louis
Do afljat
1,350,000
"i.ooo
2,000
Cinoiuuati
42,000
107,000
Boston
83.000
Toronto
394.000
Montreal
251,000
Pblladelpbis....
429.000
126,000
19.000
Peoria
11,000
Indianapolis
179.000
73,000
482.000
Kansas City
863.'iOO
189,000
Baltimore
5,631,00J
56,000
Minneapolis
14,000
30,000
Oa Mississippi.
903,000
2,2 M.OOO
On l^es
50,000
On oaoalik river 624,000

3,397,261

24,059)

Of the above imports for the week in 1893 $10,817 were
American gold coin and $30 American silver coin. Of the
exports during the same time $8,974 ,500 were American gold

Corn,
bush.

irA«a/,

—

Vorli
afloat

Importi.

BxporU.

205

The visible supply of grain, compri-iing the stockn in granary
•t the principal points of accumulation at lake and seaboard
portB, July 80, 1892:

1890:

zrosn

:

THE CHRONJCLE.

6, 1892..

The foUotring table shows the exports and imports of specie
«S the port of New York for the week endinu July 80 and
ince Jan. 1, 1893, and tor the corresponding periods in 1891

and

6

.

.

30,135

85,212
49.293

Nciv York.
Albany.

SI.,

Members

of

18 Caajrr^** St., B>at»a
ProTldeaee.

New Tork and Boston

Stock Uxahaaces.

INVESTMENT SECURITIES.

>

.

:

:

.

THE CHiONICLE.

20«

glue gaulijcrs'

[Vol. LV. ^

Actual rates for exchange are

Ola^jettje.

87@4

4

871^

;

Bankers sixty -days sterling,
demand, 4 88@4 89}i cables, 4 881^194 881^.
:

;

Posted rates of leading baoKers are as follows:

DIVIDBNItS.
Kame of Company.

Augitst

Per

When

Cent.

Payable.

Book! Closed.
(Days inclusive.)

RallroatlB.
3

July
July

2
2

Sept.
Sept.

21a

Aug.
Aug.
Aug.
Aug.

3

Central of Ohio, pret
hio, common
Central of
Chic. A Alton pref. (qaar.)
Chic. & Alton com. (quar.)
Conn. & Paseiim. pref
Msine Central
'

3

VaBfawippl
MexJeaui entral (quar.)
Old Colony iquar.)
Femige waseet
SLFanlA Duluthpref

213

IH
l\
3

30 July 18 to July 30
30 July 18 to July 30

15

to
10
to
to

1

to

1
1

1

Aug.

ll
3 Aug.

Sept.

to

premiunT; New Orleans, bank, $1 50 per $1,000
premium, commercial, 50^75c. premium; St Louis, 25c.

ing }4

per $1,000

to

5 to Sept.

1

nitn't^'

EriP TpIp

i

Aug.

1-

10

Aug.

1-

to

1

Aug.

15-

to

discount;

qnar.).

WALL STREET, FRIDAY, AUGUST

3,

1S92-5

P.

M,

good tone in Stock Exchange circles this week,
notwithstanding the continued gold exports. In fact the
undercurrent of confidence is better shown by the small
effect produced by the gold movement than by anything else.
There is a pretty strong feeling in regard to the vitality and
soundness of business in the country at large, aside from the
question of exporting a few millions of gold or taking back a
few millions of American railroad securities from the foreign
markets.
The crop news is somewhat mixed, and in Chicago it only
takes a single week to make the estimate for com in a State
like Kansas jump about within a limit of 100,000,000 bushels
variation. But growing corn seldom burns up in one week,
and we are rapidly approaching the period when the crop as
far south as Kansas will be practically made, and in the more
northern districts its liability to damage will be limited to the
single chance of an early frost.
The fancy of operators in stocks continues to turn towards
the " industrials," on the hope of their earning dividends this
year beyond what had been predicted, and some of the realaeen a very

sons for increased dealings in these specialties are mentioned
below in the remarks upon the stock market. Strength has
laeen imparted to the Western railroad stocks by the excellent
annual report of Chicago & Northwestern, and there has also

been a more active movement in a few of the low priced railroad stocks, which have advanced moderately.
Shipments of currency to the West have commenced, and
these are to be regarded now rather with satisfaction, as a
steady 5 per cent money market here in September would
be a good indication of healthy trade.
The open market rates for call loans during the week on

iock and bond

collaterals have ranged from 1 to 2 per cent,
the average being IJ^ per cent. To-day rates on call were
ItoSpercent. Com mercial paper is quoted at 3 J^@4 p. c.

The Bank of England weekly statement on Thursday showed
a decrease in bulhon of £62,000, and the percentage of reserve to liabilities was 44-70, against 44-56 last week; the
dis.
count rate remains unchanged at 2 per cent. The Bank
of
France shows an increase of 8,825,000 francs in gold
and
1,825,000 in silver.

The New York Clearing-House banks in their statement to
July 30 showed an increase in the reserve held of
$2,431,600
and a surplus over the required reserve of 124,231,275, against
$28,063,800 the previous week.

*
Capital

Differtn'sfrom
Prev. tctek.

1891
August

premium

$1,000

1890.
1.

Interest

July

Periods

30.

!

Aug.

Aug.

Aug.

Aug.

Aug.

1.

2.

3.

4.

5.

..reg. Q,-Mcli. •100 1*100
•100 'lOO •100 *100
48, 1907... „... ..reg. t .^an •116»8*116i4 •116
*116 *116 •116
<»,1907
coup. (. -Jan. '*116i4 -11614 ni6 '116
•116 •116
68, cnr'cy,'95.. ..reg. J.
J. •loeHi noe^a -loe-* •los'^ -losia •107
68, cur'cy,'96.. ..reg. J.
J. •108% 'lOS^i '108% 'lOS^i -10S34 '109
68, cur'cr,'97.. ..reg. J.
J. *112«» *112% *112% *112% •112341*112%
68, our'cj,'98.. -reg. J. * J. •115i4»115'4i*115V««li5'4*115i4i*H5'4
6r owr'or.*P9. .reg T. A J. •117J« *117ia *117%.*117^ -117% *117%

28

The Honey Market and Financial Situation.—There tas

1882.
July ZO.

per

30c.

to

IniM'oua.

<V Tpl*irilinTiP

Chicago,

United States Bonds.— Quotations are as follows

Inan nnce.

PeterCooper Fire
{got 1 rukt Contpanlea.
Fanuers' Loan A Trust (q«ar.)

DemaTid,

The following were the rates of domestic exctiange on New
Fork at the undermentioned cities to-day: Savannah, buying,
par; seUing J^(3M premium; Charleston, buvmg par, sell-

16 Aug. 11 to Aug. 16

Sept.

Sixty Days.

5.

Prime bankers' sterling bills on London.. 4 87>2®4 88 4 89 94 8g>9
Prime conjmerciaV
4 86i4®4 K6>s
Documentary commercial
4 85%,«4 86
Paris hankers (francs)
5 17i!)95 le'sSlSSaaB 15
Amsterdam (guilders) bankers
40i«a40<,« 40%a407iFrankfort or Bremen(reichmark8)b'nkerB
95V»953a 95!>8a954

Auf/iul

2.

«

60,372 .700^
60,772 ,700 60 ,812,700
67.480 ooi
64.14- .liOO 5a1,917.100
dtac'ta 484,t'33 300 Ino .4,655, 100 38!),6501,800 401
,560,900
ClKulatlon .....
5.438,,^00 Deo.
16,900
4,085 ,600
3i.02S,l00
MetdepoBlta
BarpluH

Loanp and

I

529,104 ,l00 1no.5,05«,500 405,101 ,H00 415
91,711 ,700 Inc. 453.900 66,611 .000, 80 .915,S00
,367,600
64,795,,600|lno. 1,977,700 54,145 ,800 32,
,570,900
B»«erve taald... 156,507,,300 In« .2,431,600 120,766,
,80o'll2,,938,500
lAgal reserve. ,. 132,270,i.025 Ino .1,264,125
101,i7&,.450 103,,978,950
Unrplra rwrT>
24.231.275 In^i:!^.;?!!

A
&
&

tuu

LiiieiiB

Mi'itie uiii

ai

moraiui.'

ijUb

board; no

^a/^' vr-.kn

wi^i*

—

GoTernnient Purchases of Silrer. The following shows
the amount of silver purchased by the Government in Aug.

August

•Total in

The

month

Ounces
purchased.

831,000
693,000
994,000

1

3
"
5
•Local purchases.

*

Ounces
ojfered.

to date

..

Price paid.

450,000 $0-8573
280,000 $0 8.i70
567,000 .tlO-B544

®
-S
®

$0 8571
$0 857;i
«

1,897,000 $08514 9 $0-8574
week are not reported till Monday •'

2,518,000

local purchases of eacli

the following week.

—

Coins. The following are the current quotations in gold for
various coins
85'4» - 86$4 87 «$4 91 Fine silver bars..
— 90 a — 95
Napoleons
3 8< « 3 92 Flvefiajos
—
-9
Mexican
dollars..
67
6»
XXReichmarks. 4 76
4 80
a
Do unoommero'l
25 Pesetas
4 75 » 4 85
—
—
315
62
65
a
70 Peruvian sola.....
Span. Doubloons. 15 50
Mex. Doubloons. 18 50 315 70 English silver.... 4 80 9 4 90
par &H preni U.S. trade dollars — 70 9
Fine gold bars.
Sovereigns

State and Railroad
settlt. 3s

Bonds.—Among

State bonds, tlieTenn.

have been active and $115,000 have sold at the Board

at 77 up to 78; $10,000 Ala. class "A" sold at 103; $10,000 do.
class "B" at 105>^; $10,000 Ala. Cur. funding 43 at 96; $1,000'
N. C. cons. 48 at 981^ $10,000 La. cons. 4s at 93.
Railroad bonds have shown a very fair summer business
;

at firm prices. Some of the popular bonds tend
towards increased strength, and this week we have the General Electric gold 5s at 104, Laclede Gas at 84%, Eliz. Lex. &
Big Sandy 5s, guar. at 100, Ches. & O. R. & A. 1st 2-43, at 80»^,
Northern Pacific consol. 5s at 77X, Reading 3d pref. incomes
at 653.^.
The Richmond Terminal bonds nave not declined in
consequence of the default on the coupons of the 6s due Aug.
and there are so many large financial houjes iaterested in
1
Richmond Termioal securities that there is always more or less
support to them in the market. Louisville St. Louis & Texa»
1st 68, ex-coupon, have sold quite freely at 91-93%,

and generally

,

,

,

Railroad and Miscellaneons Stocks.— There has been considerable animation in the stock market, although the activity has been largely in particular stocks, which were centres

The industrials have been
prominent, and the General Electric, Cotton Oil common and
preferred, American Sugar, National Lead, Laclede Gas, and
several other stocks of this general class, have all been purchased freely most of theiu at advancing prices. As there
nothing made public of the recent earnings of these companies the buyers are either insiders who know what the companies are earning or others who are satisfied to take the stocks
on what they consider their general merits and possibilities.
It is also said in their favor that they are not held abroad and
cannot be depressed by foreign sales, and agam that in case
of a silver basis these stocks would be iikely to hold their own
by an advance in prices of the products of their several comof attraction at different times.

—

i.''

panies.

With the railroad stocks, and es[)ecially the grangers, the
annual report of Chicago & Northwestern was the best point
of the week, and Omaha common advanced sharply on lai-ge
buying baaed on the old rumor of probable consolidation. The
other granger stocks were also strong as a general rule. There
19,48r,350l~i;959:;^ has been quite a little movement in Minneapolis <S St. Louis
at higher prices on the report of good income for the late
Foreign Exchange.-The latee for sterling bills
have been fiscal year. Mexican Central also rose to-day on larger dealttedy, end the general firmneHi of late is
attributed to the ings, based on reports of cdmbination among the Mexican
roads to maintain rates. Erie was bought well to-day up to
itdeiate supply of cofnniercial bills. Shipments
of gold this
29%, and Manhattan Elevated up to 135%. General Elecirjc
-week amonnt to
,000,000, all by
Specie
liegal tenders...

|

|1

to-morrow's steamers.

rose to 115, closing at 114,

.. .

August

6,

THE CHRONICLE.

18M.]

NEW YORK STOCK EXCIIANdK— •IC'77F£: STOCKS

207

AUGUST

for week erring

ami

5,

HIoaKST AMD LOWEST PKirSB.
Monday,

Batunliiy,
July 30.

Aug.

Wedufsilay,

Tiiemluy,

Aug.

1.

AUK.

2.

3.

Auk.

39^

97 '»
•88

1>7'b

a»^

60-«

4

89 >t 40
89*8 40I«
•4
*4
5
5
4>4
97'8
97% 97*8 971a 97'8
•88'*
89'*
89 >4 89 >4 8t>9g 89^8 88% 88%
59% 6018
60>«
50i>ii
B9'« 59I9
&tf^« 60
136>sl37
136 1S7>« 136>ii 136>a 186 >a 137
•30
31
31
z30>4 30 >4 29>9 30la •30
24% 25I8
25>«
'H\ 25 >« 24^8 25 >« 25
6S>4 63'4 •6314 63's
62 >t 62 >« *d3
63<i
44i« •44
44
44
45
44>« •44
44
152 « 153>a
lOl's
102%
101>«102»8 I01>il02i« 102 102%
•60
62
•60
•60
•60
62
62
62
gg"!
*i)8'a 99l« -98>« 90>s >98^ g9>« •US'*
83% 83%
M4is 84°ii
83% 84
83^8 84>«
12714
12714
127 12714 127»4 127'4 127'8 127'4
117 117 «» H7'sll7»8 117'«117% 117'«118%
399«
•4

90

•lay's i3!i

31

31

63

63
43'«

43'8

02

•60

98>« 99>a

M^

84

•I265i 127 ^
117 >• llT's

sm
50>4

dui*

119\ 120
e?^ 67'ii
97i« 97s
36
77
139

3G
'75

138
lilH

159'e

'16«9

17s

49% 49^

5

6

'109

99

U9I4

34''s

35%

•10>fl

142

42
25
76
135

67

99

IBS'*
157»« 159
ne"* 17>«
49% 5ui«
•5
6

135
103

25'4

76
135)i

110

12>4

71*

108
71

253«

25

132

17^

•4%

20

•16

133

132

17S

SC^
Sis

36

•33

36

12

"lO'a

12

12

12>4

42
25

44

25%

25

71'9

-•108

•50

76

•76>« 76'4
134i« 135

85%
•16

•16i«

12

42%

36

5%

10% 10%

108

42
25
•76

71%
25% 26%

71%
25%

71

20
132S

•19

20

12
42

25

76%

70% 71%
25%
20% 21%

•25

131% 132% 132 133%
107% 108% 10814 108%
17% 18
17% 18

17
39 >4

40

40

I514
27'9

60% 61\

15'4
27'a

59''8

61

15% 15%
27% 27%
60% 60%

'38

12

25'*

39 S

'iT^ 40

50

•33

7614

US'* 16
•27'« 27*

17»(.

17s

50

•4%

17's

•38

40

40'4

42

40

15%

40

15%

27%
59% 60%

•27

•38

5

97%

•68% 89% Oaniullan
eoig

137
30

25% Ohesapeake & O., vot. tr. oert.

•13%

2dpre(
Do
do
Chloago A Alton
102% Chloago BtirllnKton A. Qulncy.
62 Chicago & Eastern Illinois.

101''8

•60
•98'«
8314

63's

40

93

1135b 113*
17'8 17''b
•72
SOS

*19'a "20i*
g 14^8 15
65'8 663^
•ll"* lis
•43)9

21>«
58»8
•20'«
*29
•78

18
61 >«

•22
'61
•37 >«

24

im
•29
•78

32
82

•17 '4

18

J3%

40

•21
•29

•61

8<4

'16>«

•44

'106
113
38
9>i

26><
•47««

•83

112

S%
17
45

8'a

110

112

•43
106
113

»<>»

26>«

49
85

i

39% 39%
i7«g

18 H
11

L*26>«

27

30''e

32
80

'17%

18

•29
•78
•23

21
32

82
25

17% 18

60% 61
24
23
60% •61% 63%

8%

•38% 40

8%

9
45

71% 71%
110% 111% 110

112

44

7% 7%
16% 16^

8%
17

'42

44ia

8%
•41

•41

44

7% 8%
44% 44%
16% 16%

109
107% 107%
113% 113% 113 114
37% 37% 37% 38
37% 37%

113
38

r

s

8%

21

79

Wa

9

44

21% 21%
58
58%

60% 61%

I3ia

'41

16'4

10s*

a*ii

20%
15%
67%

•23% 26S

24

*76>i "ia.

'110

20

45

21% 21%
68
58%

'37% 40

8'e

44S

20%

•45

6U% 61%
24

63s

248

1478 15%
15
14% 15
66% 66% 66% 66% 06
"11% 12
11% •11% 12

-20I9

32
82

23% 23*

S"*

248
20

20 «

44S •43% ...
21s 21% 21%
59
58% 58%

•17'«
60is

'40>«

20

'6

31i«

= 7278 72 7»
17

a 17

9%

26 >s
•47 "a
•83

109
115

106

9%
9% 9%
26% •25% 26%
•47% 49

49
85

•83

3»% 39%

9%

26

9%

26

•47% 49

85

83

38% 89%

85

38% 38%

"17% 18
17% 18
•17% 18%
•11
11% 12
11% •11
11%
25% 26% 26% 26% 25% 26%

30% 30% 30% 31
72% 72% '72% 73

•17% 18

"17

18

30% 31

•72% 73
•17

. .

99S

83''i,

Do
GhloaKoMtlwaakeeife

79

42% 43%|
79% 791a

43% 45%
79% 80%

18

45% 47%
80% 83%

35
115

•48%
•108%
121>4

113%

87%
95

14>t
•23>«

34

5m

iSc

,

12% 12'4 12% Iowa Central
43% 43% •42
45
pref.
Do
25
25
25
25% Lake Erie & Western
76
76% 76% 77%
pref.
Do
135% 136% 135% 136 Lake Shore ib Mich. Soathem.
108 110
109% 110 Lone Island
70% 71% 71
71% Louisville NashvlUe
25% 25% 25% 25% Unilsv. New Alb. A Chicago..
21% 21% •19
21% Loiilnville St. Louis & Texas
133% 133% 134 13531- Manhattan Elevated, consol..
107% 108% 108 109 Michigan Central
18
19
19% 21 MinneapollB & St. Louis
40% 42
41% 42%
pref
Do
15
15% 15
15%
Kansas Texas
27 27% 27% 28 Missouri
pref.
Do
•12

<fe

.

<Si

60
40

•38

59% 60%

•38

40

32% May

21 46% Jan. «
Apr. 21
5% Jan. %
Mar. » 101% Mar. IX
Miir. 27
94% Jan. IS
6.750 66 July 6 64 % Mar. 5
2,910 lll%Jan. 19 145 Feb. 29
310 30 Aug. 5 35 Jan. 4
12.291 i2
May 20 28 Jan. 14
1,010 59 Jan. 9 64% Jan. 18
656 38% Jan. 9 44% Jan. 21
75 139 Feb. 4 154 July 23
59,730 96% June 10 110% Jan. 28
61 July 13 70 Jan. S
98 Jan. 20 104 Feb. 11
98,850 75% Apr. 2 84% Aug. 1
1,661 120% Jan. 19 128% Mar. B
17,234 114%July 6 121% Mar. 5
141% Jan. 12 147% May 27
36,755 75% June 8 94% Jan. 7
57,475 44 Jau. 19 54% Aug. 5
2,620 108% Jan. 20 123% June 3
4,885 64 June 8 75 Jan. 7
82 1)5 Jau. 5 99 Mar. 7
4,200 29% Jan. 19 40 Mar 13
17 66 Jan. 6 80% June 2
1,955 122% Jan. 8 149% Apr. 7
12,070 138% J-n. 19 167% Feb. 29
16% June 2 19% Jan. 2
1,160 45 Jan. 8 54
Mar. 9
550
9% Jan. 7
4 June 23
30% Jiine 21 51% Jan. 11
200
7% June 22 20 Feb. 29
xl 19% Jan. 15 145 July 2Z
400 119 Jan. 22 143 July. 25
2,570 1 01 June 10 1 10 Jan. 5
800
9% July 19 15% Jan. 4
773 39 May 2a 56% Feb. 13
3,090 20% Jan. 19 27% Apr. 18
1,060 69% Jan. 5 80 Apr. 18
4,850 120 Jan. 19 140% Mar. 5
1,100 95 Jan. lb 112 Juuel7
13,398 x69%July 21 84% Jan. 2
700 23% Apr. 4 31 Jan. 7
500 14% Jan. 6 24 Mar. 18
23,240 104 Jan.
135% Aug. 5
500 104 Jan. 20 117 Mar. 5
21
25
Aug. 5
7,180
Feb.
8
4,650 18 Mar. 5 42% Aug. 5
6
500 14 June
20% Jan. 13
910 24 June 6 33% Jan. 13
12,056 54% June 7 65% Jan. 4
34% Jan. 27 42% Jan. 2

4

Missouri Pacific
Mobile AOhlo

M ar. 2w 91 June 21
85
2,835 109% July 11 119% Mar. 5
510 15% July 7 22% Jan. 5
Ist pref.
72 May 19 81% Jan. 4
Do
105 33% July 6 45 Jan. 4
2d pref.
Do
New York Lake Erie A West'n 73.615 25% June 8 34% Jan. 2
1,950 62% July 6 77% Mar. 5
Do
pref.
9,160 34 June 13 59 Mar. 3
New York A New England
•246 249 New York New Hav. & Hart.
lOU 224 Jau. 15 252 June 2
19% 20
19% 20 New York Ontario A Western 10,272 18 June 6 23% Feb.
15% 15% 15% New York Susquehan. A West
15
7,360 10% Jau. 4 15% May 24
67% 66
66
67
Do
pref.
1,690 41% Jan. 2 67% Aug. 3
•11% 12
11% 12 Norfolk di Western
10% July 5 18 Jau. 4
45
45
43% 44%
150 43 July 1!< 56 Jan. 4
Do
pref
21% 21% 21% 21% Northern Paclflo
2,620 18% May 14 26% Jan. 2
67% 58% 57% 58%
Do
pref. 21,292 51% Md 24 72% Jan.
2
21% 21% 21% 21% Oblo A Mississippi
8u0 20% M
17 24 Jan. 5
30
30
30% 30% Ohio Southern
600 19 Jan. 12 37% Mar. 23
79% 79% 79% 79% Oregon R'y A Navigation Co.
600 70 July 13 91%Jan. 28
23% 23% '23
26 Oregon 8h. Line&Utab North
200 22 July 1 33% Jan. 4
•18
18% 18
18 Peoria Deca'ur A Evansville.
4011 16% July
6 22% Jan. 4
60% bO% 60% 60% Pbila. A Heart., vot. trust, cert 134,810 38 Jan. 19 65 Feb. 11
23 26
i-i
26 Pittsburg Cinn. Chlo. A St. L
400 23 May 5 30% Jan. 5
61% 63% '61% 63%
Do
pref
5 58% July
67% Jan. 5
Pitts. A West
pref. tr. certs
38 July 6 45% Apr. 29
8% 8%
9
9% Kiohniond A West Poiut Ter'l 8,450 6% June 27 17% Fab. 12
•41
41 44
44
Do
pref.
38 June 21 79 Feb. 16
Rio Orande Western
36 June 29 41 Jan. 5
Do
100 6;* Keb. 26 74 Mar. 11
pref
112% 112% 111 112 Rome Watertown &Ogdensb.
80 110 Jau. 19 113% June 30
'7% 8%
8
8 St. Louis Southwestern
1,300
6* Jul.v 14 11% Jan. 2
17
10% 16% 17
Do
pref.
l,50u 14 July 11 22^ Jan. 2
^42
•42
44
44 St. PaulADuluth
100 39% Jul} 6 48% Jan. 7
109% 109% 104% 104%
Do
258 103 Jan. 19 107% Hay 2S
pref.
114 115
114 116 St. Paul Minn. A Manitoba...
Feb. 25 16% Jan. 4
1,906 112
37% 37% 37% 87% Southern Pacific Co
2,340 36% July 5 41 % Jan. 8
9% 9% •9% 9% Texas & Pacific
7 July
14% Jan. 4
1,325
*25% 25% •25% 26 Toledo Ann Arbor A N. Mich.
300 28 Apr.
27% Feb. 3
'47% 49
47% 49 Toledo A Ohio Central
46 Jan. 28 52% Feb. 13
'83
•83
85
85
Do
pref.
83 Jan. 12 88 Feb.
38
88% o8% 3&I4 Union Paclflo
27.115 86% July 12 50% Jan. 4
'17% 18
18% Union Pacific Denver A Qolf
18
1,300 15% July 11 25 Jan.
11% 11% 11
11% Wabash
570 10 June 8 15% Jan.
26
26
25% 26%
Do
3,795 22% June 8 33%Jan<
pref
30% 30% 30% 81% Wheeling 4 Lake Erie
3,005 30 July 5 40% Jan.
7i!% 72% •72
73
Do
pref.
415; 72% July 51 80% Jan.
*17% 18
17 % 17 % Wisconsin Central Co
330 15% May 20 21% Jan.
Nashv.Cbattanooga&St. Louie
New York Central <fe Hudson.
New York Chlo. A St. Louis ..

. .

H

,

1

H

I

45% 46%
81% 83

Tllscellaneoua Stocks,
Cotton OU Co

45% 46% American
82% 82%
Do

58,960

33% Jan.

47% Aug. 3

19

'

9.') >4

14%
28
34 V

52i«
197'fll97>s
•sola 86

34

Paul,

SO's

60

Hlgh«Ml

pref. 10.578 63% Jan. 19 83% Aug. 3
106% 106% 105% 106% lo.'>%106% Am. SugarRef.Co
73,.107 78% Jan. 19 107% July 29
Do
100% 100% 101% 101% 101% 101%
1,682
19 lom July 28
pref.
"" 90 Jan.
"
"
~
82>4
81% «2% 81% 81% 81% 81% 80% 81% 81
81% Chicago Oas Co., trust reo'ts 26.410
June 15
71* Jan. 2~ 82%
35>9
35
35% 34% 35
3,850 28% May 24i 39% Jan. 11
35% 35% 35% 35% •35% 35% Colorado Coal A Iron.
115
115 115
114% 117
116% 117% Consolidated Gas Co
6,0i5 102 Jau. 1 117% Aug. 5
114% 114% 115 115
48% 48% 48% 47% 48% 47% 48
46% 48
47
47 Distilling A Cattle Feed'gCo.
6,320 44% Mar. 9 67% Jan. 7
109'* 109% 10*% 109% 109% 109% 110% 111
li3% 113 115 General Electric Co
22.68J 104% July 7 115 Aug. 5
121>« 121
121
121 121% 121% 124% 124 124% 123 124 National C-ordageCo
9,823 91%.Mar. 7 124% Aug. 4
113% 113 113% 113 113% 113 113% 113% 113% 113 113%
1^0
pref.
3,700 100 J 11. 4 115
May 26
38
37% 37% 37% 38
41
40
40%'Natioual Lead Co
39.604 30% Mar. 24 4 1 % Aug. 3
38
41% 40

105»8 106i« 104% 10.';%! uyiH 106^
101 101
100% 100%' 1U0% 100%
82I4

E''*''-

St.

127 'a 1271a
pret.
Do
118 118>4 Chicago A Northwestern

I

43%

79

Ist pret....

154

I

43>«

do

I>o

....

•89
93
•89
•89
93%
•89
•89
93
93
93
113% 113%
113% 113% 113% 113% 113% 113% 113% 114
18%
18%
18
18
18
18
18% 18% 18% 18%
80i« •72
80% 72
•72
BO'S
80% •72
bOS •72
37 40 •36 40 •37% 39 1« •37 39% 38% 38% 38 38
28% 28% 28% 29%
28% 28^ 28% 29'« 28% 29>4 28% 29
68>8 esv
68% 68%
68
68% 69
68
68% 69
36% 37%
36% 373b 36% 37% 36% 37
36% 36% 36% 37
'88

Paoltio

60'« 'anaila flniitbem
137'4 0«ntralnf Now Jersey
30 Central Pacltio

24'8
•63

150

1893,

ssli-niii

95%
550 86%

.

99'4
35'8
*75'a 76'9
l;iS% 139
15S'a ISS's
•'16's

.1018

•4

97 !«

Nioc-ka.
AtohlBon Ton. A Hnuta Fe.... 157,965
100
i^tlantlo & Pactflo
4,210
Ballimoro <.% Ohio

pref.
Do
81% 80% 81 '^losKO Rock Island A Paclflo.
52% 54% 53% 54% Ohioago St. Paul Minn, A Otn.
12U% 120'* 120 120'a
pref
Do
66% 67'a 67
67% Cleve. Ctnoln. Chlo. A St. L.
pref.
Do
31% 35% 35% 35% Colamlias Hocking Val. Tol.
•76
75
75
76%
pref.
De
138% 139'4 139% 139% Delaware A Hudson
157% 158% 158 158 Delaware Lackawanna AWest
•16
17% •16
37% Denver A Rio Qrande
49% 49% 49% 49%
Do
pref.
4% 4% •1% 5S East Tennessee Va. dcOa
•33
•33
36
36
Ist pref.
Do
*1C% 11% n0% 11%
2d pref.
Do
EvansTllle A Terre Haute
143 143
143 145 Great Northern pref.
103% 103% 103 104 Illinois Central

134% 134% 134% 134%
107% 107% •108 110

108S

39>4

67

3ft

145
138 140
140 140
140
103 Hi 103% 103% 10^% 103%

'42

42

•75
76's
138 '4 138%
158 « 158 S

81'8

52%
120's

66% 67

99
36 >4
77

12

103>4 103>4
11% 12

11U>« 120>s 120

67%

36

•189

81 '4
50't

99
35

•33

'33
'11

81% 81%
50% 51

67'8

'75
138

3014

40^8

4

97 >«

oy'D

81
82
49^8 50>«
120 120

8i<>i>

40

40>«

...

97\

KK.

•»»<.

Loweit.

Share*.

Artlve

3d>9

Week,

5,

I.

Range of

OHIOS
Of the

STOCKS,

Frliluy,

Tliiirsdiiy,
Aug. 4.

since ^A.V.

34

94% 95
14 >4 14%
24

24

34% 34%
51% 52
198

198

83% 31

94% 95
14% 14%
24
24%
84% 85

52
195% 196
•80% 86
34
34%
100 105

94% 96%
14% 14%

52

95% 96%
14% 14%

24
81% 34% '34% 85

•24

26

51% 52%

24

51% 61%

196% 196%, '195%
•85% 86
85%
•33% 34%i 34%
•100 105 /lOO
96% 97% 97% 97%' 97%

t 97% 98% 96% 97%
^ * Zbem are the f^lcev bid and asked;

so »tUe miMo,

197

95% 96

51% 51%

97%

pref.

•195

LineCertlficatesJ ..
197 Pullman Palace Car Co..
85%'8ilvcr Bullion CcrtlMeatea
3414 Tennessee Coal ,k Iron

85% •85%
34% 34
105

Do

I

14% 14% North American Co
•23% 27 lOregon Improvement Co
'34% 85 IPaelHc .viall
Pti)e

•100

105
Do
97% 97io'WpRt-m

^ rrloca troiu

uuui

pref
TTnloTlTeleoTunh...,

iuio'iau,.:e4.

x

nx.

oinduad.

96%

ar 24
18

10,194
8,638

81

1,950
1,600

19

June 14 29% Jan.

33

Julv 16
9
Jan. 4

>

11% May

,\ug.

18% Jau.

40% Jan.

3

4
4
4

U

64% Jan.
200% May 11
1U,0U0 85% Mar 281 95% Jan. 4
1,410 31% July 111 50% .Mar. 10
92 Feb. 2^4 108 Apr. 31

279,0«K)

51% July

815 184

1

in «70

a-'

.1

•>.

•

'

«

Iniv '29

.

.

.

THE CHRONICLK

208

[Vol. LV.

NEW YORK STOCK EXCHANGE PRICES ^CoatinneA}—mAOTIVE STOCKS.
Aug,

INACTITE STOCKS'

Railroad Stocks.
Albany & Supquehanna

Range

5.

160

1©0

82
90
Charlotte Air LIT.. ..100
BeUenile & South. Ill.pref....lOO 141
Boston & N. Y. Air Line prel. ... 100 lOlHi 102

&

Atlanta

100
100
100
100
100
50
100
100
100
100
100
100
100
100

Brooklyn ElevatedT
Bnffalo Rochester & Pitts
Preferred

Burl. Cedar Rapids &Nor
OMar Falls & Minnesota
Cleveland & PittBlnirg

Oolnmbla & Greenville pf
Dee Moines & Fort Dodge

Preferred
8. Shore <fe Atlan.1I
PreferredU
Fnnt A Per© Marquette
Preferred
Oeoreia Paciflcf
6reen Bay Wln.&St. P.tr.rect.lOO
100
Houston & Texas Central
100
Dltnois Central leased lines
100
Kanawha & Michigan

Dnlnth

.'

Keokuk & Des Moines

7^

t

8

20

16
t

12%

t

33Js

6

80
6

8%

5

price Friday;

July

8>»

87

12

10% Apr.
4

100
100

I.O.,

Mar.

Jan.
8I4 Apr.
3 June

May

41a

Chic. June. By.
Citizens'

314 Mar.

143 18 Jan.

107%

latest price

Do

Jan.

50

May

pref

Lehigh & Wilkes. CoalU
Maryland Coal
Minnesota Iron
National Linseed Oil Co
National Starch Mfg. Co

New Central Coal

Ontario Silver Mining
Pennsylvania Coal

1131a July
26 Jan.
57 July
June 15% Jan.
8
15211! Feb. 155
Apr.
164 Jan. 179 Aug.
6I4 June
11 App.
401a June 59% Apr.

Apr.

May
50% May

16
63
11

tills

1

5

of Brooklyn
uel pref

Edison Electric Ilium
Laclede Gas

May

15

1

8

P. Lorillard Co. pref
Postal Tele.graph—CablelT
Quicksilver Mining
Preferred

Texas Pacific Land Trust
U. 8. Express
Wells, Fargo Express

SECURITIES.
Class B, 58
Class C, 4b

Currency funding 4s

SECURITIES.

Ask.

Bid.

1906 104
1906
1906
1920

RR

Chatham

New York

City

Bank Statement

•

Banket New York...

2,000,0
Manbattan Co...
2,050,0
Merchants*
8,000,0
UeobanlcB'......
2,000.0
America
3,000,0
Pbenlx
1,000,0
City
1,000,0
Tradesmen's
750,0
Cbemical
800,0
HerchantA' Exchange
600,0
ChtUatin National
1,000,0
Butchers'
Drovers*.
300,0
Mechanics'
Traders
400,0

A
&

Greenwich
l«eatiiei

200,0
600,0
800,0

Manufact'rs

fieventh National
State ol New york....

American Exchange..
Commerce..
Broadway
,,
Mercantile.
Pacilic.

Chatham.....

.

PeOTlea'
If oixh America

.

.

Hanover

1,000,0

ZiTing
Citlieas'..,.,

Naeaau.....

1,200.0
6,000,0
6,000,0
1.000,0
1,000,0

422,7
1,600.0
460,0
300,0
700,0

KepnWic

600,0
600,0
600,0
760,0
600,0
6C0,0

....
......

Market dt Folton.
«.Ntcbolae
sboe A Leather
Corn Kxcbange
Continental
Oriental

A Traders'
Park...
...... ..
Xaat "Hlvef.".'.'.' '"'.'.'
ronrtb National
Central National
•eoond National
ninth National
First National
Third NaUonal

ImiKirtei »•

». Y. Nat'l Exchange

Bow»nr

1,000,0
1,000.0
800.0
1,600.P
K.OOO.O
260.0
8,!!00,0

3.000,0
800,0

760.0
600,0
1,000.0
800,0

360,0
300.G
760,0
600,0
100,0
200,0
200,0
600,0
800,0
300,0
160,0
800,0
300.0
600.0
200.0

K«w Voik Conniy...
veiman.Amerlcan
Cbaae National
.

nfth Avenue...,

Oeimftu Exchaage.

Qeimanla
p»i*tdBUte«
Luoolt

.'

.....

eaiooln
FUth National

Bank ot the Metrop..
Weet Bide.
Maboard
glatb Nauonal
W6«»em National
Mint Natlonal.B*kl]m
•tatli em NaUonal...

3,100.0
800,1
1,000,0

60

92"
for the

•
1,804,2
1,7-12,6

942,6
1,9)5,6
2,243,9
437,7
2.608,4
196,5
6,981,7
157,3
1,660.7
298,4
429,4
166,3
676,0
70,5
494.6
2,V!03,9

8.392,8
1,529,6
1,013,0
437,4
841,1
863,8
826,4
605,4
1,773,0
315,0

440,8
266,6
788,0
130,2
24S.0
1,296,1

271,0
428,2
6,405,0
2.933,3
136,6
1.785,6
619,6
440,2
196,5
7,147,3
82,2
164,8
621.6
668,6
297,4
1,068,1
888,6
656,3
62V,'^

L02r.t

week ending July

Bvecit.
„

•

t
13,080,0
13,312,0
8,580.0
9,381,0
18.414.4
5,438,0
12,619,3
2.864,2

•2,350,0

26,(103,0

5,899.0
409.4
1,074,2

3.891,7
5,772,5
1,683,5
2,620,0
1,096,2
8,391,1
1,607.4
3,295,7
18,234,0
20.937.7
6,023,0
9,295,9
2,999,5
13,079,2
«,2;<f,2

?.S84.t
t..6<4.b

15,953,8
3,448,0
2,955,1
2.915,2
4,484,6
2,071,3
2,720,0
8,030,6
5,434.1
2,172,0
24.847,0
28,.<67,7

1,182,2

22,b53.U
9,3*5,0
5,030,0
3,764,5
27,661,1
e,so<>,8

1,670,8
3,820,0
3,223,0
2,968,1
]4,836,e
6,558,4
3,879,9
-.1,913,3
7,".;uo,o

3,258.0
1,681,2
1,190,0
3.211,3
958,0
3,877,4

433,6

369,8
220.0
170,6
714,6
424,6
131,2
2,495,0
1,994,8
1,001,3
1,207,8

684,4
1,605,3
1,021,4
lfi.6
578,7
6,049,6
393,6
742,6
373,9
580,6
194.4

377,0
1.696,5

1490,9
143,1
4,791,0
6,406,6
186,5
4,666,9
2.656,0
1 152,0

904,2
6.295,8
012,6
64.0
666,0
810,0
683,2
4.229.8
1,2'J3,0

166,8
405,8

610,3
407.0
460,6
8D6,2
692,7
369,6
201,2
847.7
232.8
793,5

6,677,7
4.017,4
1,888,6
6,154,1
2,222,0
4,827,0
1,867,0
12.835,0
4,8'. 0,0

280,0
644,3
1,084,0

130,°.^

2,238,6

68,-

il72.7 g7.439.7

LeoalM.

1,685,8
1,411,7
l,183,-4

297,81,262,

616,
1,001,.

1.430,0
1,060,0
1,087.3
744,0
3,282,1
308,0
1,480,0
409,2
2,762,7
972.7
l,'i72,0

345,3
285,0
133,4
463,8
95,4
462,8
3,026,0
6,074.6
572,2
1,592,7

648,2
2,292,9
941,9
607,1
1,113,7
•2,772,8

461,8
366,8
326,8
861,3
347,8
484,0
408,0
346,2
3B»,5
2 088,0

3688,3
178.8
2.628.7
1 178,0
420,0
361,8
1 456,6
955,5
333,4
166,0
291,3
l78,2
2.187,8
6>4.5
660,5
697.8
1,686,6
497,1
373,8
228,0
641.3
238,0
618,0
181.0
3,085,0
296,0
407,8

New

7
7
21a
971s 100
1241a 127

July
July
Feb.
103% July
93i« .Tune

June

114

103% July
I814 Jan.

160
29

Jvay

66

Aug.

25
27
82

Mar.

June

95I3 Aug.
2478 Jan.

Feb.
Jan.

SS's June
461a Feb.
11% Feb.
451a Jan.
275 Fe^.
118 Jan.

Aug.

66

4% June
22 H Jan.
151a Mar.
6O14 July
147 May

lia

New York

5.

98
62
72
1913 101 104
1913 101
1913
781s 80

settlement, 68

58
3s

951s

—

,5()

50
50
6l8

7

Boston and Philadelphia Banks

City,

X

(Japitat

Ask.

Bid.

Virginia 6s, old
6s, consolidated bonds
6s, consolidated, 2d series, rects.
6s, deferred, t'st rec'ts, stamped
21a

1021s

Bahks.

Oa%ttal. Sun>I«<.

June

121
88
101
14 la

1892-1898
Tennessee— 6s, old
1912
Comrromise, 3-4-5-68

2

We omit two ciphers{00) in all cases.

80, 1893, is as follows.
BA>Kfi.
(OOf (minted.)

RR

Special tax. Class 1
Consolidated 4s
1910
68
1919
Rhode Island—68, oou.. 1893-1894
South Caroliuii- 6s, non-fund. 1888

10

3

1914 105
91
1894-1895 104

Stamped 4s
Missouri— Fund

1501b July
491a July

B.C. (cont.)— Brown consol.6s.l893

1893 102
North Carolina— 6s, old
J&J 30
Funding act
1900 10
New bonds, J. & J.... 1892-1898 15

Non-Holford

7a, Arkansas Central
Lonlslana— 7s, eons

Feb.

1431a Apr.
Feb.
Feb.
Jan.
Jan.
7% July
72 Apr.
801a Jan.
9414 Jan.
1001 July

SECURITIES.

Ask.

Bid.

New York—68, loan

107

Arkansas— 6s,fund.Hol.l899-1900
do.

May

week

NEW YORK STOCK EXCHANGE PRICES—STATE BONDS AUG.
AUbuna— Class A, 4 to 5

Jan.

381a Feb.

(102% 103
100
100 11318
100 100 101
100
12 May
100 1571* 163 148 Jan.
100 27
30
26 Feb.
100 t 95
951a 79% May
100 t 231a
1714 Apr.
66
571* Mar.
100 64
20
25
19% .lune
100 22
25
23 July
731*
80
100
741a May
100 ! 3318 3414 27 Jan.
100
321a May
11
12
100
10 May
100 40
41
371s Apr.
50 275
275 Feb.
100 117 120 114 Feb.
681a 37 Jan.
100
S'a
41a
31s Mar.
16 Mar.
100 18
21
12 July
100 { 135a
44 Apr.
100 1 57
58
100 142 148 140 Jan.

Columbus & Hocking Coal
Commercial Cable
Consol. Coal of Maryland

14 Mar.
26 May
52 July
60 May
7712 Feb. 100 Apr.
100 Feb. 1121a Apr.

100
109

j

87
98

Apr.
June
Mar.

35% May
43
116
881a 80
96

& Stock Yards. 100

Gas

Colorado

!

100

Preferred

9 Mar.
2OI4 Feb.

cons. 100

July
40
Mar. 151
July
79
1
Mar.
41a
17% Jan. 26
26
81a Jan.

100

American Tobacco Co., pref... 100
100
Brunswick Company

Bighett.

lOH July

Jan.

32
128
75

28
19

....

Am. Telegraph & Cable

Jan.

131a Aug.
35 J9 June
281a Apr.
87 Mar.
7 Jan.
12 14 Jan.
4% Mar.
96 Jan.
14 Jan.

7

10

May

81s Jan.

20

Aug.
Mar.

37
160

in 1892.

(sales)

Lowest.

9

iUiscellaneons Stocks.
100 148 151
AdamsExpress
481a 50
Americtu Bank Note CoTT
100 119 121
American Express

June

2512

Range

5.

Ask.

100
33
100
100 150
100
2
100
25
100

Josepb

South Carolina
Toledo Peoria* Western
Toledo St. Louis & K. Citylf
Virginia Midltind

May

156

Feb.
19i« July

.

No

14

1318

3

Jan.
Jan.
Jan.

52i« Aug.
778 Jan.

34% 14

4

100
50 87
50 103
25
Hemphls & Charleston
100
Mexican National
50 :i5o
Morris & Essex
100
W. Y. Lack. <fc Western
100 15
Y. & Northern pref
100 56
Norfolk & Southern
100 10
Peoria & Eastern
Pitts. Ft. Wayne & Chicago. ...100 153
100 1179
Rensselaer & Saratoga
iOO
Richmond Term., trrects
100
Do
pref.,tr. reets
'

Feb.
Jan.
7^8 Jan.
150 Jan.
251s May
5 July

Aug.
Bid.

Indicates unlisted.

& Grand Island
Louis Alton & T. H
pref
Do
St. L. & San Fran. 1 St pref
St.
St.

88% June

36

—

Preferred
Loulav. Evans. & St.
Preferred
Mahoning Coal
Preferred

130
125
100 May 102
32
Jan.
31
35i« Mar.
44%

Indicates actual sales.)

(t

INACTITB Stocks.
1[

Feb.

165

Feb.

42% 43
8654 86% 78%

:

in 1891.
Highest.

Jan.

34

31

(sales)

Lowest.

Ask.

Bid.

% Indicates unlisted.

.

:

Survlut.

Loam.

Specie,

ijeaalt.

t

«
91,838.6
90,675,2
90.099,6
91,237.8
91,711,7

$

Dspoeits.t Oirc'i'n Oltarinit

XKpOfitl.

«
13,060,0
14,880,0
9,414,3
7,934,0
20,976,8
5,293.0
14,599,2
3,207,3
27.440.0
4,788.7
6,019.8
1,861,6
2,502.0
1,059,5
3,375,3
1,885,8
2,488.1
18,847,0
19,365,3
5,531,8
10,221,5
3,490,4
15.171,9
6.818.6
3.155,7
6,844,0
20,271.1
8.510.1)

3,2?3,1
3,174.0
4,n71,i
2,197,2
3.233,0
7,74-2.2

6,527,6
•2,080,1

25,706,0
34.198.8
1.083,0
25,027,8
11,728,11
5,98'i,0

4,790,7
26,913,2
5,745,8
1,622,2
2,829,0
3,844,2
2,860,1
18,836,8
6,313,9
3,340,1
3,647,1
9,802,8
6,6li'i,3

4,964,3
1,951,4
6,2.49,3

3,491,0
6,627,0
1,551,0
14,336.6
6,156.0
1,793,6

484.938.3 91,711.7 64,796.6 629,104.1

N. York.*
July 2.... 128,633,
"
"

•

9.... 128,633,

494,464,1
492,187,1

16.... 128,638,
23 ... 127.812,
30.... 127,81'2,

480,378,2
484,933.3

t82,4.t6.0

$

S

9

I

534,608,4 5,538,4
5.10,730,7 5.585.4
,"i23,8a2,6 5.558.5
5.455.4
529,104,1 0,438,5

60.102,1
57,581,5
81,073,2
82,817,9
61,795,8

661,859,4
588,618.2
607.588,1
570,339,0
332,946,9

Boston.*
July 16-...
"
"

23....
30....

6,415.0 158,461.0 4,706.0 101,907,2
6,320,0 154,4 '6,0 4,725,0 91,632,4
5,631,0 15'J,075,0 4,726,0 84,153,0

64,642,
171.553.0 11,895.0
64,642,
170,873,0 11,705,0
64,842, 1:170,262,0 11,109,0

Phtla.*
July 16....

23
30

'•

'•

*

...
...

We omit two ciphers

delohia. the item "

in

all these fioares,

t Inoludtag, for

Boston and Phlla'

due to other banks."

Miscellaneous and Unlisted Bonds.— Stock Ex.

Istcons. 58, g

)

Co.,

,

Mm.— Ist g. 7s

—

Ediaon Elec. 111. Co. — 1st 5a.
Equitable G. & F.— latOs....
Henderson Bridge — Istg. 63.
Hoi.oken Land & Imp.— ^.58.
Mutual Union Teles;, — 6s g..

Procter &
Security Cor.

Vicks.

b.
b.

102

)2A

g.

68.

102

Atlanta-

Charl.— lat 79

Comstock Timnel— luc.

.

b.
a.

b.
b.

100
116

Merid.. laC 68

<fe

&

»
11

M%D

1st con.,g.,.fa«..

Western Union releg'li— 78.. 116
Wheel. L.E.<fcP.Coal-l9t,g.58 80
UnllNted Itonds.
90
Ala. & Vicks.— Uousol. 08, g..

b.
a.

108

..

Coal— let g. 6s.
99
Uaiubla— l8t,g.,08. lux

a.

.

Chicago

Pleaa. Valiey

iio' 'b.

Jun. & S, Yds.— Ool.t.g.,58
Coloiado Fuel Gen. 6s
101
Col. & Hook. Goal & I.— 6s, g,
uonsol'n Coal— Convert. 6s.. •104
Cous.Gaa CcCbic— lstgn.5s
90
DenT.C. w at. w ks.— G6n.g.58
Cli.

prices.

IUi9cellaii<*ou8 Bonds.
People's Gas A O. lat g. 63.

miaccllaueouB Bonds.
Ainer. Water Works— Ist, 6
Cahaba Coal

72,439,2
70,867,2
62,871,1

113,931.0 3,538,0
119,446,0 3,527,0
119,740,0 3,331,0

40,818,0
40,779,0
40,272,0

35,793, 7 105,563,0
36,793, 7 105,819,0
86,783, 71108,276,0

b.

18

4a...

b.

102

b.

National Siaroh Mfg.-l8t,83.
....
57
Consol.Sg
Northwestern Telegraph— 7s *107'ab.
11
Income &8
Peoria Water Co.— 8s g
100 b.
Mem. <fc Charleston— C0U.7 g. 100
* Latest price thia weeK.
Note.— "6" indicates urice bid "a" orice asked.

b.
b.
b.

Georgia Paciiic— lat 63
2d uiort. inuomea .........

ll'0""b.
I02i«l).

:

Bank Stock
BANKS.
4menoa

Bid.

212

4m. Exob...

Bowery

309
Bread waj'... •27«
Butebs'ADr. 185
Oentral

Jjist

— Latest prices of bank stocks this week.

ASlL.

216
138
316
286

137

Chase
450
Chatham.... 400
Chemical
4400 4700
Olty
Citizens'

158

166

Uolumbla
265
Uommeroe... 187

m

Continental 133
Corn £xoh... 265
OepoHlt
111
ttast illTer..

I4.'>

140
116
160

Ward...
"
rittbATe.... 20u0
ewti
320 385
I'.lh

Hrit
2100
Flr»tN.,S.I. 110
UthStrMt.. 170
Fourth
200 207

BANKa.

Bid.

aaUatin
Qartield

(Jerman

Am.

Asa.

York... 230
N. Y. County. 620

236

119

125
375

N.Y.Nat.Ex. 128
Ninth
120
Idth Ward.. 170

136
130

346

N. America.. 18S
Oriental
230
Facilio
190
Park
300

630

185

220

186
180
Mercantile... 22 U
Merchants'.. 145
Meroh'ts Ex. 128
7

Metropolis... 400

276
Murray HUl. 300

Nassau

..

165

..—
....«
......
......

326

People's

260

400

Metropolitan

Ask.

New

Germania
330
Greenwich... 160
HanOTar
341
Hnd. RlTer.. 145
Im. <fc Trad's' 610
Irving
Leather MJs' 240

Mt, Morris

isia.

326

German Ex. 330

Manhattan...
Marketdk Fnl
Meohanics'..
M'chs'&Trs'.

UAlNK-O.

310
410

Pheuii

120
Pi-oduce Ex. 130
Republic
170
..

230
190
20
240

173
Seaboard
Second
„. 325
Seventh
120

160
135
12

Nicholas. 128
State otN.Y. 116
107
Third
Tradesmen's. 109
[Tuiid States 200
120
V^estern
^'est Side... '2V6

1

Shoeibl/eath. 162

....*-

135
180

ibi

St.

120
..-.M
......

236
125
••'*—

F
J

.

August

6,

THE CHRONICLE

1893.]

B(MTON, PIIIL\UELl'lir\ VNI) BALTIKORE STOCK AXGHANeES.
Sales
CF Share Prices— not Per Oentnm Price*.

In<1ioat<<8

Monday,

SAtnrday,
July 30.

unlisted

Aug.

fBotUm).100 39>« .19%
Ateh. T. A
414
4>4
"
100
Atlantic
Baltimore A Ohio ^£a//J.100 •97>9 08
"
100 132 .....
Irtpreferrcil
"
100
Jd preferred
BoMon Alhany Bo»/o>»;.100 205 205
"
Boston A Lowell
100 ISO 181
"
100 182 182>4
Boston \- Maine
XT'*
"
Oentnil i>r Mas*.
100|
"
43
100 •41
Prererred
"
loaae
102
Ohlc.Hnr..*Qntn.
100
84>8 843g
Oliio. MM. A St. P. rPhU. ).10O
53
Ohio, .t W. Mhli. C£ofto»;.100
"
S"* 6
100
Cleve. i! Canton
"
20»4
Preferroil....
100
"
Fltohlnmr pref.
100 00^ 00>8
"
100
ri. A fVr.' Marq.
"
80
100 *80
Preft-rriMl
Hnnt. A Ur.Top.fPA«o A 50 ...... 34»»
"
Preferre.l
60 53>9 54
"
50 61>s 62
LehlKh Valley
Maine Central r£o<<on;. 100 135 135
"
16
100 16
Mezloan Central
"
100 S?^ 37ie
B. Y. A N. Eng.
"
91
Preferred
100 •so
Horthera Central (Ball.). 50 •63«9....
21% 21»8
Borthern P»olflofP/ii(a.>.100
"
Preferred
100 58% 59
Old Colony
rBo»<onMOO 183 183
5 fa 55
ranniTlvanla.. (t'Mla.j. 50
"
50 •3219
Fhlladel. A Erie.
50 30»,8 30»i6
Pliila.AReadlnK
"
Bommlt Branch (Botlon). 50 •6I4
"
39>4 Sg^e
Union PaclUo
100
United Co8.ofN.J.rrAi7a.>100 •230>« 232
•8
838
WeatonilI.Y.AParPAaa.;.100

3938

S. Fe
<k I'ap.

.V-

i

mucellaneona Stock*.
Am.SuK'rRetln.H ^Bo»(o»i;..

100
25
BntteABoaton..
25
Oalnmet AHecla
25
Canton Co
(Ball.). 100
"
OonAoUdatedOas
100
>rle Telephone <Ba<ton;. 100
Ijamson Store Ser. "
50
LehfhCoalANar 'PhU., 50
W.Enj. Telephone CBojrn^lOO
Horth American. (Phii.J.lOO
Themson-U'nEl. .fJBo«('n; 25
"
Prsferred
25
West End I>and..
* Bid and asked prices;

IPriea of Augutt
Atlanta A Charlotte
Boston A Providence

4>«

Ist preferred

3d preferred

"

uentral Ohio..

205
181
182>4 183

80S
180

18<«

16>4

36% 36%

181

Bid.

80
250
27

50
50
50
50

55
34

SOH

30l3,g

3038

3938

38%

54''8

230% 230% 230
*8

»>*«•

1 Unllsled.

i

6
98

240

205

132

90

78

80

15'8

15''8

36%

3718

87i«
2II4

52
6

53)

5%

891*

89>*

149

34

34

•79

80

54"

341*

61»8

61%

61% 61%
15% 15%
36%

•36n8

87

87

2138

211*

57% 58

9

290
74

285

1714

371*

89

89
65

211*

21%

57%

5838

55
31
30 "4 306,8

•321*

3,799
14,340
88

54% 53

1,981

33

33

3014

3038

100
49,010

30%
3938

33% 38% 38I4 3838 38 >4 38% 10,800
83
230% 230% 230% 230% 230 230%

231

6

•6

8I4

•8

8i4

•8

8

8

8^1

lom

290
74

290

290
74

295

6Ui4

60>«

61

60

4714

47
19

47
19

46% 46%
18% 18%

295

6O14

7314
601*
4714
181*
54'*
561*

•

S4H

541*
14°8

5414
'5538
1414

5419
5638

I413

•551*
14>8

181*
•5414
561*

14iSs

''14'4 ...

1338

I8I4

I8I4

I8I4

1838

54 >4 .54 >«
x55»8 SoSg

6,491
2,050
11

*32>4 331*
305,8 307,8
•6
.

61
...

2,139

80

15%

182

182
55

184

1

88

36%

64

•63% 66

54% 55

25

S4
132

lai"* 1311*

2114
5838

83%

19%

531* 54

...

58

17

43
1021)81

8338

89

89

34>a

2li«
SSI*

83%

52

286

•70

100

6038

•18
5414

I8I4

181*

Mar.

6 100% Mar. IS
Jan. 12 135
Fob. 16
116 Jan. 18 123 June 18
199 Jan. 8 209 .Mar. 9
173 Jan. 5 183>* JunoSO
159 Jan. 28 185 June 23
151* Apr. 12 181* June 21
33 Jan. 2 43% June 23
961* June 10 110% Jan. 28
75% Apr. 2 841* Aug. I
48 F.sb. 25 55 Mar. 31
514 July 28
8 Feb. 12
19 Feb. 20 23 Jan. 4
81>aJan. 19 92 May 13
19 July 20 281* Mar. 25
751* Fob. 13 87 Apr. 6
231* Jan. 27 3714 Apr. 19
461* Jan. 21 55 1* July 8
60 14 .Ian. 13 621* pob. 11
112 Mar. 14 1374 May 17
14% July 16 24% Jan. 4
34 June 13 5914 Mar. 3
75 May 4 1141* Jan. 9
63 July 13 69% Mar. 16
18<>8May 21 261* Jan. 5
51% May 24 72i« Jan. a
164>* Jan. 5 187 May 11
54 >4 July 7 57% Jan. 3
32 Jan. 29 40% Mar. 3
193, » Jan. 19 3414 Feb. 11
5
Mar. 29
7 Feb. 15
36% July 13 5014 Jan. 4
s223%Mar24 232 June 17
7>* June 6 10% Feb. 18
Jan.
Jan.

107% July 39
1011* Aug. 4

Mar.

210

1838

1,494

Jan. 15

43% May 28

Feb.

171* Jan.

5
Aug. 4
June 13
July 30
471* July 14
21 May 13
55i« Feb. 13
561* Aug. 4
18% Jan. 3
67 14 May 13
301* June 53
201* May 10

295
72
61

49% Jan.

183g

4

Jan.

5% Jan. B

B

479 481* Jan.
60 50% Feb.
720 12 May

361*
141*

HIgbeet.

J.-in.

July
130 253 Feb.
6OI4 Jan.
Jan.
2,1.59 43
303 4319 Jan.
298 141* Feb.

601*
4714
1914
5414

•1414

4
84
130

14,359 78 «8
1,167 001*
189 192
2,010 31
765
7

290
73

'

Lowest.

32% May 21 46%

90,658

69
81
153
50
370
20,233
18,000
120
100

182

106 106%
ice's 106 106»8 10538 106
101 1011* 101 10138
lOO^s 10118
2041* 205
204 2041* 2031* 2031*
204
361* 37
36»8 36<S8
36% 36% 361* 367g
914
g>4
914
914
9>4
9
9
93e

361a

183a

•414

•97

•191*

90

100%

204

14>«

40i«

'120

83>4
•514

*19i*

90

•8

8'4

Ask.

Thom.Europ.E.Weld1I (Botlon) 100
"
100
Water Power
"
50
Westing. El. tr. rec.Ti

90

2614 Jan.
16% Jan.

251

60% Pnila.AEriegen.M.5g.,19'20,AAO

1918, JAJ
Plain 49
1910, JAJ
Chic. Burl. A Nor. Ist 5,1926, AAO
1918, JAD
2d mort. 6s
Debenture 68
1896, JAD

Non-exempt 68

125

t

104

Pitts. C.

AAO

Rock A Ft. S., Ist, 7». .1905, JAJ
Loui8.,Ev. ASt.L.,l8t,6g. 1926,AAO
2m.,

5— 6 g

4*4 Mar. H.

721*

A

193U,
1925,

Out., 6a

Exten. 68

Mexican Central, 4

g.

.

88

Inc. 6s
Rntland, 1st, 68
2d, 58

-1920
1902,

I

5

8

12% 13
12% 12%|

I

6
III4)

MAN

1898, FAA

Bonds.— Philadelihia

281*

AAO
AAO

1923,JAD
.1911, JAJ

2d mort.,scale<l, 58.1.1902, FAA
Ogden. A L. C.,Cou.6s.l920,AAO&

91
105

A

St. L., 79.

...1900,

FAA

Po'keep9ie Bridge, 6 g.l936, FAA|
Schuyl.K.E.Side.lstS g.l935, JAD'
8teuben.A[nd.,l9tm., 58.1914. JAJ
United N. J., 6 g
1894, AAO
Warren A Frank., l8t,79,1896,FAA

Bonds.— Baltimore. „_
Atlanta A Charl., l8t79, 190T, JfcJ

,„

1001196
25
25 155
100

157

116*t

1900, AAO
Baltimore A Ohio 4g., 1935, AAO
Pitt9. A Conu., 5 g...l925, FAA
Slaten Island, 2d, 5 g.lU26, JAJ
Bal.AUhio 8. W.,l9t,4i*g. 1990. JAJ
CapeF.AYad.,8er.A.,6g.l9t6, JAD
1916. JAD
Series B., 6g
1916. JAO
8erie9 C, 6 g
1930, MAS
Cent. 0^0,41*8
Charl. Col.AAug. Ist 78.1893, lAJ
Ga. Car. A Nor. Ist 5 g..l929. J.W
1900, JAJ
North. Cent. 6s
1904, JAJ
6s
19'26, JAJ
Series A, 5s
19'.J5, AAO 106
41*8
Oxf.AClark.,iut.gu.,6 g.l937,MAN

it!'.

Pledm.ACum.,l8t,5g.l911,

100

108

FAA

1091* 110
PittH. A Connells. lBt78.l898. JSiJ
105 14 1051* Virginia Mid., Ist 6s. ..1906, .MAS,
1911 MAS
110
2d Series, 68
191d, MASl
117
3d Series, 6a
Char.Cln.AChic.l8t5g,1947,0—
1921, MAS
4th Series, 3-4-58
Cieartield A Jeff., Ist, 68. 1927, JAJ
1926, MAS,
5th Series, 58
Conneclim;. 6»
1900-04, MAS
West Va.C.AP.lst,6g. 1911, JAJ
g.l9l4,
JAJl
Del. A B'd lir'k, 1st, "9.1905, FAA
Consol.
6
V.C.
127ia:!We8t't.
E<\8ton AAni. lstM...59.1920,MJtN
112
WUm. Col. A Aug., 6a.. 1910, JAD
Elmir. AWilm.,l8t,«9.1910.JAJ.
IU8CEI.LAN KOCS.
Hunt. A Br'dTop,Cou.5s.'95,AAO
Baltimore— City Hall 68. 1900, Q-^
i'di
1900, U-J
Lehigh Nav. 4i«s
1914, U—
FundlngOs
111
2d 6s, gold
1897, JAD
llOisi
West .tlaryl'd BR. 6s.. 1902, JAJ
.MAN
Qenenil mort. 4ias, g.l924,Q—
1916,
Water 5s
1916, MA.V
Lehigh VaUey, 1st 68... 1808, J AD
FBDding5s
JAJ
1930,
3d <8
1910, MAS 137
Exchange Sku
138
Consol. 6
1923, JAD 130 130 •• Virrluia (State) 3s, vew. 1932, JAJ!
JAD
North Penn. 1st, 78.. -.1896, MANi 110
1900,
Chesapeake Gas, 6s
1910, JAD
Oeu. M. 7b
1903, JAJ 127
Coasol.Qa8,6a
1939, JAJl
Pennsylvania gen. 6s, r..lB10, Var 130
5s
1913. AA.>
CoBSol.68. c
1905. Var 120 121
Kquitable Gas. 6«.

AllcgTieny Val.,7 3 Ids, 1896. JAJ
Atlnntic City Ist o.s.g., 1919,MAN
Belvidere Dei., Ist, 68. .14)02, JAD
Catawisaa. M.,79
1900, FAA

1

32*4
197>s

71<
133

Income 69

Istco nsol. incomes, 3 g,non'H!am.
30%
2d cousoL incomes, 3s, non-onm.
10
N. Y. A N.Eng,, let, 78, 1905, JAJ
1st mort. 6s
1905, JAJ
1902, FAA |t04i*
2d mort. 68

31
16

78'%

Con. M.,5 g.,stamped.l9'22,MAN
WUm. A Halt, 4s. 1917, AAO

Phil.

L.

2814

Ana seemed Intareat,

69. ...1933,

78%
-•

ImprovementM.6g., 1897,AAO

Current Kiver, Ist, .JS..1927, AAO
Det. Lans. A Nor'n M. 7s. 1907, JatJ
£ astern Ist mort. 6 g., 1 906, MAS
Iree.Elk. AM. v., Ist, 68.1933, AAO

Unstampedlst,

78

11
tl37

"93ii

AAO

Chic. A W.Mich, gen. os, 1921, JAD
Consol. of Vermont, .5s. 1913, JAJ

K.C.C.A8pring.,l.st,5g.,1925,AAO
K. C. F. 8. A M. con. 69, 1928, MAN
86
K.C. Mem. A Bir..l8t, .58,1927, MAS (I 60
24>s K.C. St. Jo. A C. B., 78.. 1907, JAJ '123

10
80

71*

1919,

4.s

19'30. AAO
Gen. mort, 4 g
A Read, new 4 g., 1958, JAJ
Feb 1
1958,
1st prof. Income, 5 g,
2d pref. income, 5 g, 1958, Feb. 1
Feb.
1
3d pref. income, 5 g, 1938,
1893, AAO
2d, 78
JAD
1911,
Consol. mort. 7b
Consol. mort. 6 g
1911, JAD

Phila

Chic. Burl.&tJaincy4s..l922,FAA

Iowa Division

Ask

Bid.

Bonds.

1919, Varl
1913, JAD!
Pa. AN. Y. Canal, 78... 1906, JAD)
1939, AAO
Consol. 58
8314
-_ . Perkioraen, 1st 8er.,59.1918, Q—Jj

Bonds— Boston.„„ ,^,

54

90e.
91*

Ask.

Penna. Consol. 59, r
CoUat. Tr. 41* g.

At.Top.ASt.F.lOO-yr.l.g.,1989, JAJ
100-year income 5 g., 1989.Sept.
Burl. A Mo. Kiver Exempt 68, JAJ

"oi*

59
123
225

Bid.

Inactive stocks.

I

lOOtTf* 72V

—

"

6

54
ei^B 62
Zt31 131

*6i4

•e^
39

60

M*t.Trae.Ce... ...... (PAi/o.)
Morrifl Canal guar. 4. (PAi(a.). lOOl
Preferred guar. 10.
'•
100 2011*
Ossevla Mining. ......(Bo»(on). 25|
32

"

84

•5H

54

58
Xl83"4l84
54'8 55
•321* 34

•33

100

25
Atlantic Mining.
25
City Passenger KB... IBalt.). 25
Bay State Gas
(Botton). 50
Beston Land
"
10
Centennial Mining...
"
10
Port Wayne ElectricH
"
25
PrankllD Mining
"
25
Prenchuru'sJtiayL'nd
"
5
Hnrau .Mining
"
25

Mlainr....
Els. Weld-g.

2114

00

3914

ebares.

no sale was made.

(Bos/on).
"

Palaee Car..

21>«
5838

21>8
5838

AUonex Mining

PaBmaa

*88

•87««

18

naarssk

90

36''8

Wisconsin Central... (Bo»/on). 100' 17i»
•
Preferred
100 t 47
WoFC'stJiash.ARoch.
"
100 tl26
mscKLiuMiiOUs.

•'

20>a

3e''8

ei's

'18>s

18>a

831%

6

54

133

601*

14%

97

5.

205" 2051* 205

54

16<4

6l»8

280

54>4

8438

54
61% 62
135
16
16

>

54>4
•56
•14>s

5

•98
132

Aug.

181 182
182<* 1821* 182
1821*183
•17
•16
171*
•42
421* 43
102 102% 102 102% 102

33%

,

QWiasy Miaing

83%
•52

54

54

47^

Maryland Central
{KaU.) 50
Mine Hill A 8. Haven (Ptiila.). 50 73
KesuuehonlngVal
"
50 53
Bortnern N. H
(Bo»ron).100
Horth Pennsylvania. (Phila.). 50 85
Oregon Short Line... ri<o«(on;. 100 24
Parkersburg
(Ball.) 50
Pennsylvania AN. W. {Phila.) 50
50
Baleigh A Oaston ....
(llalDlOO
Bntland
(Ba«ton).100
Preferred
100 t 71>«
Seaboard A Roanoke. (Bait.) 100
'•
Ist preferred
100
treat End
{BosUm). 50
74
Preferred
"
50
West Jersey
(Phila.). 50
621*
West Jersey A Atlan.
"
50 20
Weswrn .Maryland.. (Ball.). 50 12
"
WUm. Col. A Augusta
100 109
Wllmingt'nAWeldon
"
100 110

"

16
42

I8:t

•78

"
Har.PortR.Mt.JoTAL.
50
Kan. Cy Ft. B.A.Mem. (Bofton). loot 35
40
Preferred
"
100 1112 115
"
K. City Mem. ABirm.
100 t 15
20
Little Schuylkill
(PAi(o.). 50
701*
Manchester A Law.. (Boston). 100

II

16

20 M •20
•89% 90J6 90

3638
9

18%

•414

"9"8'

205'4 20.i»«
181 191

181

101% 102>4

•20

SH

Pass. (£o((on). 100
"
Oonnectitiut River...
100
Delaware A Bound Br.(PAt2a.).100

lllaois steel

205

105

"is'i

Sfi*

Week,

Friday,

39 « 39%

40<>8

132

•6 "4

204

284
74
"go" 61

40

4Ki

205
180
183

42

42

•514

100

A

98

204

•9
'280

A Augusta

K^rsarge Mining....

17V»

"42"'

10l»9 102 »«
84M 84'«
5-2 «
52>«

36% 36%

{.BaXU)

4>*
•97>«

Atur. 3.

1

5.

"
"

41

Thursday,
Aug. 4,

Wednoiday,

132

204

(PkUa.). 50

OatawlsiB

40

IO5O9 106 >« 104% 105%
lOlig 100>4 100>«

(fia/(.).100
(7>o«ton). 100

~
Oamden
AAtanticpf.

Connecticut

40>«
4>4

204

Inactive Stocks.

Oharl. Col.

Tuesday,
Aug. 2.

1.

101

•*

Preferrea
Bell Telephone..
Boat. A Montana

Banse of tales in 1893.

of the

Active Stock*.
T

209

1

Last prlee.this week.

98
100
107 1*' 107^1
821* ...^
11614 117

„..„

115
115
117

.J,

...•

1221* 124
-—^
.

,\

.

10014100%

73%

74i»

107
114

115

1»1

101^

11*

M

J

THE CHRONICLK

210

(Continnf>i).-AaTrVB

NEW YORK STOCK EXCHANGE PRICES
BAn-ROAD ANO MI8CKL. BONM.

(icUei) in 1892.

W^^ ^^^g Rangt

Bailsoao and

—

8ia» Feb.

M

Consoi.

I

Q-F

F A

"98

I

b.

M A lOlifla.
A
123''eb.
100 '8
J A
1934
59.
..
col.,
Extension and
931 MAS 953ia,
30-year debent. 5s
Ohio. St. L.APitt.-Con.,5g. 1932 A A O 109 b.
Ohio. St. P. M. AO.— 68....1930 J A D 121%
Cleveland A Canton— 5 .. .191 J A J '90 b.
0. C. C. A I.— Consol. ,7 g.l914 J A D
1934 J A J 120 b
General consol., 6 g
C.C.C.ASt.L.— Peo.A E.48.1940 A A O 8II4

Ohio. Peo. A St. Louis- 5 g . 1 928
Ohio. R.I. A Pac— 68, coup. 1917 J

I

.

.

1

Apr. 109
03 Hi May 107
96 Jan. lOOia
96 Mar. 101

121

Jan.
100>s.luly
95 Jan.
105 Jan.
1 20
Feb.
88 Jan.
128>a Jan.
II8I4 Jan.
79'>8

1990 April. 2gi«b. 26
1900 FA A 100
99 May
Col. Coal A Iron— 6 g
F A A 70 a. 70 Mar.
g...l940
Con.,
4
001. Midland—
87'3 Jan.
OolH.Val.&Tol.- Con.,5g.l93)
971a
1904 J A D 99 b. 93 Jan.
General, 6 g
I17iab. 115% May
Denver A Rio G.— l8t,7 g.l90U
1936 J A J 83>s
77% Jan.
_.J»t consol., 4 g
Det.B. CityAAlpena— 6g.l913 J A J >86 a. 70 Jan.
36 Apr.
DetMae.AM.— L'dgrants.l911 A A O 42
95 Mar.
DuL So. 8h. A Atl.— 5 g. 1937 J A J 101
94
90 Mar.
B.Tenn.V A G. -Con., 5 g. 1956
96>« June
KnoxvUle A Ohio, 6 g...l925 J A J 99
99
81
Mar.
EUi. Lex. ABigSan.-B g.l902
98>« Jan.
rt W. ADenv.City— 6g..l921 J A D 101
95i>e May
OaLH.ASan An.-\V.Div.lst,5 g.
96
117
115 Apr.
Ban. A St. Jos.- Cona., 68.1911
1952 A A (J lomb 96I4 Jan.
nilnolB Central— 4g
Int. A Gt. No.— l8t, 6 g....l919 M ANt LOitiab. tl06 Feb.
74
Coup. ,6 g., tr.reii.stmpd.l909
73% July
lOwaCeutral— l8t,5g
1938 J A D 89ij!b, 89 July
1987 J A J 831a l>. 81 Jan.
Kentucky Central— 4g
97 13 Feb.
Kings Co. Kl.— lst,5 g....l925 J A J 99
LaoiedeGas— 1st, be
1919 Q-F
8414
80 Mar.
I<ake Erie A West.- 5 g. ... 1 937 J A J llOisa. i07>4 Jan.
L. Shore— Con. cp., Ist, 78.1900 J A J 120iab. 120 Jan.
Ooneol. coup., 2d, 78
1903 J A D 123 b. 121% Feb.
Income, 48

MAS
MAN

MAN
MAS
MAN
MAS
MAS

. . .

Iionglsl'd— Ist, eon., 5 g.. 1931 Q-J
General mortgage, 4 g..l93g J A D
IiOOls. A Nasb.— Cons., 7s. 1898 A A O
1930 J A J
H.O. AMob. lst,6g
2d, 6g
1930 J A J
do.

OeneTal,6g
tJnlfled,

1930 J
1940 J

4g

A D
A J

MA

MAM

MA

a"

price asked

;

Apr.

May
Feb.
Jan.

Aug,

11858 Feb.

102i«Feb.
129 Mar.
82 Jan.
Feb.

85i4May

June
June

May

Bid.

Ask.

Railroad Bonds.
91
62

116

Apr

98
93

S

June

107
119

Mar.

1021a July
961a May
95 Jan.

Apr.

I

78%
71%
65%

Feb.
Feb.
Feb.

79 14 Aug.
72% July
67 Feb.

691a Feb.

53%

Peb.

Jan.
3
8014 Jan.

J
J

A

1

XI.

MAN
MAN
MAN

A

93%

93%

MA

115
ill

119
103

4

MA

Juue
Jan.

made up from

*

actual salea only.

PRlCE»-(^CoatlumA).-INAOTIVE
Bid.

4ii,e...l990
River, lstg.,g. 5,9 ..1919
g.,

97
100

82% Juue

llliaApr.
114 Apr.
108 Jan.

85
87
107
85

*

iO

I).

32

BONDS-AU WSC

50

35% Feb.
IO6I4 Jun*
9514 Juna
June 421a Jan.
t

Coupon

Iowa
1021a

A

Bid.

C.

A

Ced. Rap.
let, 58

A

1921
Brunswick A W'n— let, g. 48, 1938
C.Ohio— ol. ACin.M.lst,4iaa. 939
iJuH. Roch. A Pitts.— Gen., OS.1937 'i'()i% 10214 >nt. RR. A Bank.— Ool. g.6». 1937
Koch. A Pitts.— 1st, 6a
1137
1921 119>4
Chat.RomeACol.— (Jul s
9414

1

Cnn^nMHutV
«re tte UONt qaota wu. uiauo ia» „oo.

'

at

««

I

»''''

i'-'o

A8k.

10414

96

L.— Isl,

7s, gu..l927
West.— Isi, 78.... 1909
N., Isi, 6a.l920
I. F.

St.

off.

5

SECURITIES.

Minn.

Feb.
Feb.
Apr.
Jan.
Jan.

105 '8 June
105 May

Burl Ced.Rap. ANo.— lsl,5s.l906
Consol. Auollat. truat, ,>8...1934

Oeut'lOhio Reor.— l9t, 4i«8.1930 ioi"

Tun. A W.— Deb. 58.1913
Brooklyn Elevated— id, 3-58.1915

831a Feb.
771a Jan.

116l4Aug

761a >iay

li

Juae
June

8519 May
341a .Mar.
104 Feb.
10919 June

Si May
82 b.
A
A N 10,>% 10318 Jan.
79>ii Mar.
A A, 81
July
z:>
A J 38
A J 103>a 101% Jan.
A J 102 b. 99 Jan.
31 14 July
A O 32
A J 104%b. 100 •« Jau.
A J 92 a 90 Mar.
.

Mar.
Mar.

lOSis June

Aug

Latest price this week.

Ask.

105

Boot. H.

'40.

Aug.
July

116
102

Feu.

74
69

SO

May

70
97

101 May
il4ia June
llOiaFeb.
7419 Jan.
Jan.
.4ug. 100

NlloUa. 110

MANN

Apr.

75

1081a Mar.
22 Jan.
107 14 June

o.ii*

69

Mar.

90i«May

b.

A O
A D

June

1231a June

I

109

"

Apr.

7219 Jan.
37 14 Jan.

NillO-iO.
lOfa Jau.
MAN
109
Juue
101
A A

Ak.A Ch. JuLC— l8t.g,.'>s,gu.l930

1"

Jam

116

108% May

Ai)r.

M

Jan.
Apr.
Jan.
Jan.

W., Ist,

b

1

J

Gold 6a, col. trust notes. 1894 F
Kau. Pac.-Deu.Div,-6g.l899
letcon80l.,6 g
1919
Oregon Short Line- 6 g..l922 F
Or.S.L.AUfhN.— Cou.5g.l919 A
U.P.Den.A Gulf con. 5 g.l939 J
1937
Onion Elevated— 6 g
VirglniaMld,— Gen. m.,58, 1936
stamped guar.iM
do
1939 M
Wabash- let,5 g
2d mortgage, 5 g
1939. |F
M.,
series
B
Debent.
1939'J
236l|j
West Shore— Guar., 4s
West. N. Y. A Pa.— Ist, 5 g.l937 J
1927 A
2d mort., 3g., 580
West. Un. Tel.— Col. tr., 58. 1938 J
Wle.Cent. Co.— Ist, 5 g
1937 J
Income, 5 g
1937 ..

May

ia

'-

9914b

C—

109 H,
116
100
109 June

A O. 8.

Monon.

(Stock Exchange Priees.)

54%

Jau.

MAN

SECURITIES.
B.

AUbaiua .Mid.— isi, g., guar.. 1928
Attantic 4 Dan>.— istg., 68..1917 *
AtL A Par.— nd W. D., gu. 6s,. 19(1"
Bait. A Ohio— le»,6a, Park B.lHlfl ii9
»•» «"'<!
1925 •110
Oooa ujort., gol 1. 5e
19KS 112
.Va. A Pitts— l«t. g.. 5". IP
105

83

u.

J

03

1

106i4May

.1

June

IO2I4 June

the Range

NEW YORK STOCK EXCHANGE

«• pr.w, j-nday; .hw

May

May
98% Apr.

114
123
126

100

139i4July

113 b 1 1 1 May
1931 J A J loeiab. 106'>4 Jan.
6»''»
67 July
St. L. 80. West.— 1 at, 4a, g . . 1 989
27 July
198H J A J 3018
2d, 4a, g., income
118
b
1
161a Jau.
S.P.M.AM.— Dak. Ex., 6 g.l910
118 la Jau.
1933 J A J 122
let consol., 6 g
4
10014b.
Jan.
97
A
reduced to lag...
do
A D 87 "nb. 8714 Jau.
Montana Extension, 4 g.l937
b.
65
Apr
J
67
A
San A. A Aran. P.— lBt,6g. 1916
Jan.
67 b. 61
1926
1st, 6 g
91ia
90
Apr.
SeattleL.8.&E.— Ist.gu. 6.1931
Apr.
10714 a. 106
So.Car.- 1st, 6 g., ex coup. 1920
*
Apr.
a.
14
22
1931
Inoome,69
1909-10
A J lOiHiO. 101 Feb.
so. Pac, Ariz.— 6g
114!>(ill.
11214
Jan
1905-12
A O
80. PaolUo, Cal.— 6 g
A O 99 0. 99^4 M .r.
1938
let, consol., gold, 5 g
106 b loma Jail.
A
1911
So. PaclicN.M.— 6g
89 Feb.
A O 91>a
renn.C. I. ARy.—Ten.D.,lat,6g
91
Jan.
A J 94
1917
Birm. Div., 6g
2000
A D -O^eb. 76% July
rex. A Pac— lat, 5 g
25 July
2000 March. 29 14
2d, income. 5 g
96 July
101
1924
rol. A. A. A N. M.— 6g
1935 J A J 107'«a, iuzi« Jan.
rol. A Ohio Cent.— 5 g
77 Jau.
81
1917 J A
Tol. Peo. A Weat.— 4g
90 July
91%
6 g..l916 J A
rol. St. L. A Kan.
111 b 110% Jau.
1899 J A
Clniou Paoittc— 6 g
.Mar.
107140. 106
A
Sinkingfund.Sa
1893
*6:i'jb. 70
May
CoUal. trust 4I3
191s M A

1906

6 g., CiaaeC
General mort., 6 g

July

June
80 Feb
4414 June

96
86

',0% Apr.

1

June

112% July

1211a June
une 1091a May

b.

.

Apr. 1161a Aug.
Jan.
97 May
Apr. 115 Feb.
Jan. 1211a June
Jan. llOHi Apr.
Jan. 1191a May
80
78% Jan. 82 June
9914b 98 Feb. lOl^s Juue
llOSib. 108 '8 Jan. 113
June
103I3
99 Apr. 1031a Aug.
87i« Jan.
93^
96% Jan.
118 a. 11319 Jan. I2OI4 June
108%b. 105 14 Jan. 110 June
123 -s,b 121 May 1241a Apr.
10712b. 10614 May 1081a Apr.
127%B, 123 Jan. 128 July
107% 1041a Mar. 110 July

Uloh. Cent.— let,con.,7e.. 1902 M A
Uonsul., Ss
1902
MU.Lake8h.AW.— Ist,6g.l921 M A
Exten. A Imp., 5 g
1929 F A
M. K. A T.— let 48, g
1990 J A
80%
79 June
«d 48,g
1990F A
471^0. 4514 July
Me. Paolfio— let, oon., 6 g.l920
110i8b.ll06i« May
Sd,7e
1906
N *112 b. 1121a Jan.
Pao.o(Mo.— let, ex.,4g.l938 F A A 96i«b. 97 Mar.
8d extended 58
...1938 J A J lOSieb. 102% Jan.

SECURITIES.

July

Feb.
341a Feb.
1031a Jan.
74 Jan.

113
97isa. 91
114 b, Ill '4
119 b. 117i«
112 a, 108
116 b 11514

& A
IiOOls. N.A. ACh.— let, 6a. 1910 J A J
Oon8ol.,6 g
1916!a A O
IjOOIs. St. L. AXexas- 6g.l917F A
Uetro. Elevated— let, 6 g. 19081 J A
Sd,6s
1899 M A

indicates price bid ; "

May

83

1 05
100
108
100
105

J

130

8614 June
A J 84^1
II115 July 112
Jan.
A J 109
A O 79 b. 75 Apr. 85 Feb.
75 Juue 100 Feb.
F A A 811 14
4114 Juue 72% Feb.
MAS 48%
83 June
80 b. 76% .liui.
J A J
94 May 100 Mar.
96
MANJ 107
b. 107
July 108% Jau.
J A
lOS^b 107 Is May 10918 Feb.
MA
Mar.
J A D 04''8b. lOm June 109
8619 Mar.
84180 83% Apr.
O
A
A
HI Juue 115 Apr.
8t.L.ASanPr.— 6g.,Cl.B.19il6 MA N 113

llHia

Haah.Kl.AKh.- lBtgtd.5g,'37 F

Note—" b "

Jan.
Apr.

135% May

98
105
119
85

'«/

1.2

1

1958
1958
1958
Pittsburg A Western— 4 g.l917
Rich ADanv.— Con.,6g..l915
1936
Con8ol.,5g
Rich.&W.P.Ter.-Trust,6g.l89
Cou let A col. trust, .Tg. 19 14
Rio G. Western— lat, 4 g..l93U
St. Jo. A Gr. Island— 6 g..l925
St.L. Alt. AT. H.— let, 7s. 1894
St. Louis A Iron Mountain—
1897
2d,7g
Cairo Ark. A Texas, 7 g. 1897
1931
Gen. R'y A land gr.,5g..

12419 May
951a June

123

Jan.
Jau.

84 M Mar.

K)4

1

10.-)

MAN
A

Ist pref. income, 5 g
2d pref. income, 5 g
3d pref. income, 5 g

Aug.
Mar.

1041a May
981a Feb.

June
June

Jan.

103 lab •,02i« .lune
122191.. II714 Apr.
lOolQ

Feb.

100 June
July I1516 June

95

HI
125
no
I

Feb.

Apr.

1

126% June
110

I

Feb.
Mar.

June

1

AO

1

May 105
123 "a Jan. 129
07^9 Mar. 110
120 May 123 14
115
1 lia Apr.

U2%b,
D 06 a.

A J
A O

June

I

r

105

b.

67^8 Jan.

132
106

.

r

b.

b.

138

May

118

A J gosib 91 Feb.
119 June
Ian,
15
A J 16%
A O 113% 112% Apr. 1161a Mar.
General, 2d, coup., 6 g..l933
HI Apr.
107
b
loe**
July
A D
General, 3d, coup., 6 g..l937
73 14 Juue 80% Jan.
1989
A D 77=8
Consol. mort.,5g
76
82 Feb.
Apr.
61%
^a
A O
Cliic. A N.P.— 1st, 5 g...l940
A e 971110. 9419 May 03 Feb.
North. Pac. AMon.— 6g...l938
*105
0.
108%
Apr.
105
Ja
A J
North. Pac. Ter. Co.— 6 g..l933
A J Ill b. 111 Jan. 1151a June
OhioAMiss.- Cons.8.f.,78.1898
115
Mar.
111
b.
110
June
1898
A
Consol., 78
A D 110 b. 00 Jan. IIII4 May
OhloSoutbern- l8t, 6 g...l921
66''9
ti31«H.
61
June
Mar.
1921 MAN
General mort., 4 g
66 July
« Apr.
Omaha A St. Louis— 4 g .1937 J A J 62 b. 62
99
la June 1041a Feb.
A D 101 sb.
Oregon Imp. Co. -let, 6g.l910
7II4 Jan.
64 Apr.
1939
A O 6»%
Consol., 5 g
A J 112 a. Iii9'8 Jau. 112 June
Ore.R.ANav Co.— I8t,6g.l909
1925
A D 91 a. 90 May 96 Feb.
Consol.. 5 g
1921
A J Kiiiiiib. 105% Jan. lOS'e June
Pa. Co.— 41a g., coupon
Apr. 110
103
Feb.
A J 102
Peo. Deo.AEvansv.— 6g..l920
A S 100 b. 00 Apr. 108 Jan.
Evansville Div., 6g....l920
68 Aug. 71 la Mar.
1926 MAN 68
2d mort., 5 g
83% Jau. 90% June
Phlla. A Read.— Gen., 4 g.l958 J A J 88 'a

AC—

I05'4b.

*1()9

Md.AWash. Dlv.-lst,5 g.l941
North.Fac— lBt,coup.,6g.l921

MAN

109

b

Midland of N. J., 6 g.. ..1910
A South.- 1st, 5 g...l94I
A «•.— 100-year, 5 g.l990 J

MA

i
;

1939

5g

Norf.
Nort.

A&

MA

let,

N Y.Bus.AW.— I8tref.,5g.l937

MAN
M

M&

A A

1923 F

ConBtruotion, 53

N.Y.L.E.AW.-l8t,oon.,7g.l920 M A 8
1893 J
Long Dock, 78
1935
A O
Consol., 6 g
1969
D
A 5*
2d consol, 6 g
A.
N. Y. Ont. A W.— let, 6 g..l914

Feb.
Apr.
Jan.
Jan.

10114

. .

Q—

Blnklng fund debeu^ 58. 1933
1909
a5-year debenture, 5
1926
Extension, 48

103 •«

MAS

MAN

1898,

Olot'ng ^anat (talet) in 1893.
Miscel. Bonds. Inter' sl\ Price
Lowest.
Highest.
Period. A iig. n

1928 A A O 104 I..
Con., 5 g
N.Y. Central— Extend., 58. 1893 M A NlOl-'Hb.
1903 J A j!l24'4b.
Ist, coupon, 78
109 0.
Deben.,5B,coup., 1884. .1904
N. Y. A Harlem— 7s, reg. 1900 MAN* 122i«a.
0111414b.
.1922
A
A
R. W. A Ogd.- Con., 59.
N. Y. Chic. A St. L.— 4 g. 1937 A A Ol 97'vb
1906
A J,*112b.
N. Y. Elevated— 7b
A Jin^S b.
N.Y. Lack. A W.— lat, 68. .1921

1

V—

AND FOR TEAR

MAS

107 14 Jan.

%

M

S,

UobUe A Ohio— New, 6 g..l927 J A D 116 "ab. 112
eiiah. 61 la
General mortgage, 4s. ..1938
Naeh. Ch. A St.L.— let, 7b. 1913 J A J 127 b. 126%

II314 June
85»e June
66% Jan.
53 May
74 Jan.
673ib. 67 July
.1937
AtL A'Pac.— anar, 4 (?. ..1910
Ili4l>10 Aug. I414 Jau.
J &
*119 b. ill Jan. 119 July
B^?rn°EVemM-ii-t;-a:i;92i
} w 106 b. 10519 Jan. 110 June
5« 1908 J
n
ar..it-h
lat irnKr..
KUftr., 58
8outli.-l8t
Can.
102iab 100 Mar. lOi's Feb.
al
1913
•--.-2d 58
69 b 68>4 Aug. 85 Feb.
'29
oon.58
Cent. g4"-8& W. lat
116i«b. 15
Jan. 119 June
Central of N. J.-Cod8.,78.1899 Mdc N 121i«b. 120 Jan. 1231a Mar.
C3onBOl.,7»....
Ill
>9
109 Jan. 114 June
-Jps? J & J
General mortuage, 5 g:-198J
113 h. 109ifl Jan. 114 June
LeU.AW.B..con.,79,a8'd.l900
lodmi.
94 Jan. 101 ij Mar.
I9i^
do. mortKHKe,58.
J 108 b. 105>« Jan. 111 June
Am. Dock A I>nP!?»^---}sSi JJ &at J 110 b. 109 >4 Jan. 113 June
Central Paelllc— Gold,68..1898 A A O 117 b. 1
Feb.
14>s Apr. 119
Ohe8. AObio— Morl.,6 l?--lj^ll MJc N 10458
Apr.
103 ig Jan. 107
I9da
I8toon9ol.,5 g
&
S 84
Juue Sl^a May
81%
Gen. ms.K
Aug.
81
-oVyluaq
J
Jan.
J &
80%
76
B.AA.Div.,l8t con.,2-4 g. 1 989 J <& J 78'«
8OI4 June
75 "a Jan.
do 2d con.. 4 K-.- 1989 J A J 12214b.
Juue
126
Jan.
121H1
Ohio. Burl. A Q.— Con., 78. 190
IO214
101 Jan. 1051a Apr.
19ig
i)ebenture,58
& e 1(^8 b. 107 June 114 Jan.
190d
Convertilile .'is
&
A
92
"ab.
F
Feb.
941a Juue
Denver Division, 48.....19^;« M & N 88H)b. 91>«
911a Apr.
88 « Mar.
Nebraska Eitsnaiou, 49- 1^27
118i« .May
D
lloHib.
J
A
II214
Jan.
08.1907
Ohio. A E. Ill.-let,8.f.,
I2314
July
b.
O 122
120% Apr.
Oon80l.,6g......,.--..---1934
101>2a, 97
Jan. 104 Apr.
General consol. l8t,D8..19J/
N
102 b. 971(1 Jan. 1041a Apr.
Chicago A Erie- lat, 4-5 g-1982
53% Feb.
1982 Oot'b'r 52 b 48 Jan.
Income, 58
94% June
I8t,5g.l937 J A J 9114b. S6 Jan.
Ohio. Ga8 L.
32 14 June
A
129
b. I2514 Jan.
Con.78.1905
OUcMll.ASt.P.—
llOia
Apr.
114 b. 11212 Jan.
A
let. Southwest Div., 68.1909
I13i«
Jnne
118
A
II718O.
Jan.
...1910
68.
Div.,
iBt, So. Min.
A
110
106 Jan. 111 Juue
iBt.Ch.APao.W.Dlv., 58.1921
105
100 "4 Jan. 106 June
Chic. A Mo. Rlv. Div., 58.1926
08 May
A
107
103 Jan.
Wis. A Minn. Div., 5 (t..l921
A
b.
108
103 Jan 1081a June
1914
Ternilnal,5 g
89 b. 86 14 Jan.
921a June
Gen. M.,4g.,Berie8 A. ..1989 r A
A
115 b. Ill 14 Jan. 115 Apr.
Mll.A Nor.— let, con., 68.1913
138 b. 137 Feb. 142 Apr.
Ohlc.AN.W.— Cou80l.,7e..l915
1902 I A D 12o'4b. 123>4Jan. 127i4May
Conpon, gold, 78
1929 A A O *113 b. 1 16 Jan. 120 Mar.
Blnklng fund, 68
lliisa. 105>aMay Ill
June
1929 A
Sinking fund, 58

Q-F 1124

Amer. Cotton Oil, deb., 8 g.1900
83 >«
At.Top.&S.F.-100-p..4g.l989J^*^J 60
'-a

BONDS AUGUST

Highest.

Loae»t.

[Vol. LV.

96%

101

.«

101

105
95
92 >«

90

90

9
1

Apoubt

THE CHRONICLE.

«, 1892.]

211

NBW TOBK 8T0C£ BXOHANttE FRICKS.—ISAOTIVE BOND3—fOontinued)^AUaU3T
BECURITIES.

Bid.

Ocntrnl Paritlu—tiold bd«,6i,
Gold boiuU, 6«
Gold boiidn, 6b
Ban Joniiiiin Br., SB
Mort. K'lld 98
Land Krnnl, 5s. g
r. A (). I)iv.,ext„ g. 5«

1895
1896 •107
1897 •108
1900| •108

Warm

Ppr. Val.. lat.

g.

106

>4

Bid.

Ceo APen.— iBtg. 5R....1918
WorthAR. O.— lBtg.,59..1928

ria.

n

•103
•100
108

102'

•73

Sal. Har. A San Ant.— 1st, 6s. 1910 102
Qal. H. 4 8. A.— 2d mort., 78. 1905
1931
West. Div., 2d 69
Ga. Car. A Nor.- ist. giu 58, g 1929
1927
U«. So. AFla.— iBi, g. 6s
Grand Rap. A Ind.— <*en. 58. .1924
G. B. W. ASt.P.— Istei-.rects.igil
2d income, trust reels
Housatonic— Cons, gold 58.... 1937 108
.

101
109
117>s 120

5b. .1941

OhrB. U. AtJo.WeBt— l8t68,g.liill 103
71»»
N. Haven A Derby, (;on».58..1918
1911
2d, 6?
Houa. AT.
Waco A N.7S..1903
Oh. V.-acn.con.l8t,BU.g,68.1938
193'
iBt g., 5b (int. gtdi
1893 101%
Ohkaw A Altou— Ibi, 78
1912
1903 118>4
Cone. g. 6b (int. gtd)
eiuking fund, «a
1921
Gen. g. 4B.(lut. gtd)
loulK. A Mo. Klvcr— 181,78.1900 US'*
1900 112>il 116
Debent. 68. prin. A int. gtd.1897
2d, 79
Debont. 4b, prin. A int. gtd.1897
Bt. I.. JackB. A Uhto.— l9t,7» 1894 10618
niinol.'i Central— Ist, g., 4s ...1951
MlBS.K. Bridge— iBl, 8. f.,es.l912 109
1951
105%
..1926
106%
iBt, gold, 3iss
58..
Ohio. Burl. A Nor.— iBt,
1950
Cairo Bridge— 1 9
1896
Debcuture ^
...1898
101
t..l901
Div.—
Coup.,
6s.
Springf.
Chic. Burling. A y.— 58, 8.
>i
1921
SUddle Div.-Reg^ 58
Iowa Dlv.— Sink, fund, 58. .1919 106
95
1919
96 >8
est. L.AN. O.— Ten. 1,78.1897
eiukingfuiid,48
1897
88>«
1921
iBt, eonaol., 7s
Plain, 4s
1907
101
2d, 69
Chlo A luillana Coal— Ist 58.1936
1951
Gold, 5s, coupon
Ohl. Mil. A 8UP.— lBt,89,P.D.1898 117'« 119
1951
123
125'*
48
1898
Memp
Dlv.,
Ist
2d, 7 3-109, P. D
g.
1902 127 129 !«
Dub. A 8.
2d Dlv., 7b... 1894
iBt, 78, * g., R.D
>«
1 907
123
9t,
7s.
78.1893
Falls
Minn.—
1
.
Ced.
A
iBt, I.a Crosse DIvlBton,
1897 123 125>s Ind. D. A Spr.— lat 78, ex. op. 1906
iBt, 1. A M., 7b
W.—
1
947
124
.tr.reo
.
126
1
s
t
.is,
.
1899
g.
Ist, I. A D.,78
>s Ind.D. &
1903 125>a
iBt.C. AM., 78
2d, 58. gold, trust receipts.. 1948
127
129
receipts
Inc. M. bond.s, trust
1st, 1. A U. ErteOBlon, 78. . . 1 908
>s
1919 102 >«
Int.&G.N'n— lst.Us.g.,eou.off.l919
iBt, I.aC. ADav., 58
1910 127 128>s Kanawha A Mich.— Mort. 48.1990
iBt, H. A I)., 78
1910
105
Kan. C.Wyan.AN.W.— I8t,58.1938
l8t, H. A D., 59
Cbifano A Pacitlo Dlv., 69..1910 118
KingeCo. F.El..l8t.5,g..gu.A.1929
1910 103 104>s Lake Erie A West.— 2d g., 58.1941
Mineral PoinlDiv. 58
1921 103
105
0. A L. Suji. Dlv., 58
L. 8h. A M. So.— C. P.AA.— 78.1892
FarKo A South., 69, A8su...l924 110
Buff. A Er.— New bonda, 7s. 1898
1906
1916
Inc. couv. siuk. fund, 5s
Det. M. AT.— Ist, 78
Dakota A Ot. South., 53.. ..lOltl 104>4 l05Js
Lake Shore- Div. bonds, 78.1899
|M11. A Nor. main line—Os ... 19 10 11761.
Kal. All. A O. E.— lat gu. 59.1938
Oaio.AN.W.— 30 year deb. os, 1921 liS", toe's
Mahon'g CoalKR.—l9t, 58.1934
Escanaha A L. S. 1st, 68....1901 109
Lehigh V.,N.Y.—l9t gu.g.4i3B.1940
DesM. A Minn.- IBI, 78....1907 124
Lehigh V.Term.— Ist gu 5B,g.l941
Iowa Midland— iBt, 88
1900 126>t
1 atchf Car. A West.- Ist 6s. g. 1916
Peninsula— 1st, eouv., 7b.. .1898
1898
Long Island- Ist, 78
Ca>le. & Milwaukee— iBt, 78.1898 i'l3
N. Y. & R'way B.— lat, g. 5s. 1927
1907 128^
Win. A St. P.— 2d, 78
1927
2d mortg., inc

C—

C—

—

•108 ij

122
107 14
'101
•64

A

N.Y.AMai;. Beach.— 1st, 78, 1897
N.Y. B.&M. B.— Ist con. 5g,g. 1935
Brookl'u AMontauk— lst,6s. 1911
1911
iBt, 5b
O.K.1.AP.-D.M.AF.D. 18148.1905
SmithtownAPt.Jeff.— l8t,7B 1901
1905
iBl, 2>«»
Louls.Evans.ASt. L.— Con.59.1939
Eiten.'ilon, 48
1905
Louis. A Nasib.— Cecil. Br, 79.1907
Keokuk A DeB M.— l8t,5B..1923
100
E.H. A Nash.— lat 6s, g....l9l9
1920
Qjic. St. P. A Minn.- l8t,6B...191S 123
Pensacola Division, 6a
iBt, 68
1919
i26>«
8t. Paul AS.
St. Louia DiviBlon, Ist, 6b.. .1921
1980
OUc. A W. lud.— l8t, 8. f., 68.1919
2d, 38
Qeneral mortgage, 6b
1932 116 117
Leb. Branch Extension .. .1893
Chic. A Wfst Mich.— 58
1921
Nashv. A Decatur— Ist, 78. .1900
1910
OIn Ham. A D.— Cod. 8. f., 8.1905 123
8. f.,68.— 8. A N. Ala
2d, gold, 4>98
1937 •95
1924
10-40, gold, 6s
Cin. U. A Ir'n— l8t, gu. 5b, g. 1941
100
1937
50'year5s, g
On. Jack. A Mac— Ist, g., 5s. 1936
Pon9. A At.- Ist, 63, gold. ..1921
Clev. Ak. A Col.-Eq. A 2d 68.1930
1931
CoUat. trust, 58, g
aCC. A St. L., Cairo dlv.—48, 1939
LouuN.Alb.ACh.— Gen.m.g.5s.l940
Bt.Lou.Dlv.— l8lcol.t8'Ue,g.l990
91
Lou.N. O. A Tex.— lat, 43. ...1934
Bpring.ACol.Div.— l8t,g.48. 1940
1934
2d mort., 59
WhiteW.Val.Div.— lBt,g. 48. 1940
Ix)ulB. St. L. A 'lex.— 2d g, Os
1917
Ciu.Wab.AM.Dlv.— lst,g.4».1991
89% 90>» Manhattan Ry.— Cons. Is
1990
lst,g.,4a.l936
On. I. St. L. A
94
Mauito.S. W.CX)louiza'u—58 ,g. 1 934
OonBol ,68
1920
Memphis A Charl.— 6b, gold.. 1924
Cln.San.ACl —Con.l8t,g.58,192S
1;il5
lat con. Teun lien, 78
OLCol. Clu. A Ind.— l8t, 7s,8.f.l899 1161s
Mexican Cent. Conaol.— Is, g.1911
CoiiBol. sink, fund, 78
1914 130
1939
1st, con.3. income 3.i, g
Olevc. A Mah. V.— Oold, 5s. ..1938
Mexican National— 1 8t, g. 63 1927
Oolorado Midland- Ist, g., 08.1930 108
income,
Us,
"A"
1917
2d,
OoluuibiaA Green.- lat,68...1916
1909
Michigan Central- Os
2d, 69
1926
Coupon, 59
1931
Del. Lack. AW.— Mort. 7b
1907 134)s 136
Mortgage 4a
1940
8yra. Blue. A N. Y.— Ist, 78.1906 132
MU. L. 8.AW.— Oouv. dob., 53.1907
Morris A Essex— Ist, 73
1914 14mi 1421.1
Mich. Div., 1st, 69
1924
BondB, 7b
1900 110
Ashland Divisiou— lat, 6s 1925
78of 1871
1901 1221$
Incomes
l9t,con., guar., 78
1915 138
Miun.A St. L.— 1st, g. 7b
1927
Del. A Hud. Can.- Uoupon 78,1894 1087|j 109
Iowa Extension, 1st, 78
1909
Pa. Div.,coup., 78
1917 142
143
2d mortg., 7»
1891
Albany A Susq.— lBt,gu.,78 190U
130
SouthwestExt.- 1st, 7s
1910
iBt, con.9., guar., 68
iy06 119
Pacitlo Ext.— Ist, Os
1921
Bens. A Bar.- ixt, couii., 78.1»)il 143%
Impr. A equipment, 63
1922
Uanver City Cable— Ist, 68...190S •as"* 101
Minn. A Pac— iBt miirtg.,5s.I936
Denv. A
O.— Imp., g., 59... 1928
SIH Minn.St.P.AS.S.M— Ist e.g. 43.1938
Ouluth A Iron Kango— Ist 58.1937
Mo.K.AT.— K.C.AP.,l8t,48,g.l990
B. Teiiu. Va. A Ua.— iBt, 7S...1900 IIOH 111%
Dal. A Waco— 1st, 58, gu.... 1940
Divi-wioual 5»
1930 101
" Missouri PaciUc —Trust 5s... 191
1st exu.gold, OS
1937
64
1920
lat coll, 58, g
£q.Aliiip.,g.,5e
1938
8t.L.AI. M.-Ark.Br.,lst, 76.1895
Mobili) ABIrm.— iBt, g.,58..1937
87
Mobile A Ohio— Ist ext., 6a... 1927
Alabama Central— Ist 68. ..1918 •95
St. L. A Cairo—43, guar
1931
rle— Irt, extended, 78
1897
114^ Morgan's La. A T.— ist, 6s
1920
2<i, extended, 5s
1919 117
l9t, 79....*
1918
3d, extended, 4»s8
1923 110
Nash. Chat. A St. L.— 2d, 6s.. 1901
41U, extended, 68
1920
New Orleans A Gulf— lat, 68 .1920
6th, extended, 48
1928
N. O. A. No. E.— Pr. 1., g., 6s.. 1915
l8t, con., g., rd, Tb
1920 112
N. Y. Cent.- Deb. g. 4a
1905
Keorg., Ist lieu, 6b
1908 112
N. J. June— Guar. Ist, 48. ..1980
B.N. Y. A E.— ist. 78
1916 133
Beech Creek—] st, gold, 48. 1936
N. Y. I.. E. A W.-Col. tr.,68.1922' 112
Osw. A Rome— 2d, 5B,g.,gu.l915
FuBUedcoiip.,58
1969 81
93
Utlca A Bl. Riv. -4s, g., ga.ig22
Bull'. A S. W.— Mortg. 6b.... 1908
loo
N. Y. N. H. A H.— ist, reg. 48.1903
JeHersdU— Ist, gu. g. 58
1909 104
N. Y. A Northern— lat, g., 6s. 1927
Ooal&HK.— 68
1922
2d, 49
1927
Eureka Springs— Ut, g., 68. ..1933
N.Y.OntAWn.— l9t,rofuu.4s.l992
Jtvan*. A T.U.— lBt,cous.,68..192l 122
4i»i.l937
West.—
Susq.
Y.
A
2d,
N.
Mt. Vernon- Isl 68
1923
Gen. mort., 5«, g
1940
Syl. (Id. Hriiiinh— 1«t. ir.. 5n.l93n
V. Y Tex. A M<>x. — lsl.4».ffil 1:>I2

General 58.
Ohio River RR.— Ist. 58
Gen. K.,5a
Oregon A Califor.— l9t,

1041s

93
98

Orex.

lOOk

PittB. Ft.

116

93"

Gen. 4>»8,

120'

.

piio« Friday;

tttM

»r«

Ue

1M«>S

uouawM

mtul* tkU woe*,

lO&i*

71

St.

1900 'iio"

g.,

131

1912

78.19IK) •119

b. fd.,

"A"

L.V.&T. H.— l8t,68.,7».1897 •i'loU iii"4

idS"

112

Pitts.
L. Er.— 2d g. S|8, "A". 1928
1932
Y.— 1st 69
Pitts. Me, K.
F.— Ist, 5s. ..1916 *
Painsv.
Pitts.
Pitta. Shen.A L.E.-lst.g.,58.1940
Pitts. Y'gsfnAA.-lst, 5B,oon.l927
Pres.
Ariz. Cent.— 1st, 68, g.l916

50
90

A

A
A

A
1916
2d Income 69
Rich. A Dan v.—Deben ture 63 1 927
1909
Equip. M. 8. f., g., 58
Atl. A Char.— iBt, pref., 7b. .1897

10414

lllis

115

I10l»

101

114i«
12412
1171*

109

133

1942

Peo.AE.-Ind.B.AVV.-lBt,pf.79.1900 iii" 11519'
Ohio tnd.AW.— lstpret.58..1938
......
Peoria A Pek. Union— 1st, 68.1921 •113
69
1921
2d mortg., 4ias
Pitts. Cleve. A Tol.— lat, 6s... 1922

1091*

102

ido"
104>»

•I39i«
AC— Ist, 7b.. .191
1912 •137 i4o"*

1898
1898
Gd.R.AI.Ext.— l8t.4i9B.O.g.l941

76 >«
35
88

ioi"
100

95%

2d, 7s
2d, guar., 78

.

80
116

921*

S9
•102

ida"

1900
Income, Os
do.
WaRh.O.AW.-l6t.49,gu.cy.,1924

"2'2i«

Rloh.AW.Pt.Term.- 6a. '97, tr. rec
Col. trust 08, 1914, tr. rec
117
106 1<

107i«
88i«

108
110
108

112
114

Rio Gr. Juuct.,l8t,guar.,g.,5s.l938
Rio Grande So.— Ist, g., 58... 1940
1925
A Gr. Is.— 2rt Inc

St. Jos.

Kan. C.

A Omaha— 1st,

St. L. A. AT. H— 2d pref.

59.. 1927
7s. .1891

......

71

ids"

1894 •103
2d m.inc. 78
1894 *
Dividend bonds
Bellev. A So. lU.— lat, 88...1896
1923
Bellev. A Car.— Ist, Os
*

118>»

61

1990
C0TI80I. guar., 48
Kan. City
Isl, 63, g... 1916
Ft. 8. AV.B.Bg.-l8t,6s...l910
Kansas Mnlland— lat, 43, g.l937
1931
at Paul Duluih— 1st, oa

67

AS.—

St.

95
35
117
114
124

rer.RR.A8*nof8t.L.-l8t,mia.l939
f., 78.. .1909
1911
iBt mortgage, 7s

Texaa Central— Ist, s.

124

109

Texas A New Orleans— lat,7B. 1905
1912
Sabine Division, 1st, 6s
90
Third Avenue (N.Y).— lat 58, 1937
1917
125
Tol. A. A. A Cad.— 69
106
Toledo A. A. A G'd Tr.— g. 68.1921
1919
92 •«
Tol. A. A. A Mt. PI.—6s
1940
Tol. A. A. AN. M.—58. g
Ulster A Del.— 1st, cou.,6.,58. I92S
1896
Union PacUlo— l8t,68
76
1897
87>9
86
1st, 68
1898
90
1st, 68
1908
81
Collateral Truat, 68
83
1907
Collateral Trust, 5s
104'b
Kansas PaclUo— lat 6s, K...1895
1896
1st, 6b. g
1895
112
C. Br. U. P.— F. c, 79
Atch. Col. A Pac— lat, 68... 1905
124%
Atch. J. Co. A W.— Ist, 63... 1905
104
U.P. Lin. A Col.— lat, g., U.S. 1918
125
128

ioi'

106
62
•83

io2"
113>« ii'a"
97>4

•88

»o'4
104
ioe'ii

108

109%
83
106
100
82
•70

88

••->•

74"

Oreg.S.L.AU.N.,col.tr8l. ,59.1919
190S 'ibo" 110
Utah A North.— let, 7a
1926
Gold. 58
101
Utah Southern— Gen., 7»... 1909 100 >a
1909
99
Exteu., lat, 79
Lofii
Valley R"y Co. of O.— Con. 63. 1921 "56"
102
S«r.
A..
1939
Debenture,
Wabash—
1061a
1895 106% ide'e
No. Missouri— Isu 78
110

BtUK.C.AN.— R.K.4RR.79.1895 108

I

63

SLCharles Br'ge— 1»i,6b.

e3i«

84% 87
•87

68>s

90

103
A
1917 106
2d mortgage 5s
Paul ftfiun A M.— lat, 7s.. 190!' 103 "«
1909 119^ iio"
2d mort., 6s
1922
Minneap. Union- Ist, Oa
ii«""
Mont. Ceu.— Ist, guar., 68..1937
1937
guar.
l8t
g. 5s
East. Minn., Ist div. 1st 53.1908
San Fran. A N. P.— lat. g., .5s. 191
1931
South Carolina-2d, Oa
illlll
So. Pac. Coast— Ist, guar.. 4s. 1937

100

103
104

65

iio"
Chi.St.L.&Pad.— l8t,gd.g.5sl917
Louis So.— lat, gd. g. 48.1931 '""I
do
2d income, 5s. 1931 •70
Car. AShawt.- Istg. 43....1932
St. L. A S. F.— 2d 6s, g., el. A. 1906 113
1895 100
Equip., 7s
92
1931
General 5s
1987 •80 ..«
1st, truat, gold, os

101
103 H, "75"
7412

101

idi"

!Bt.

1111*
lOlis
101
IO3I1

. .

K

W.

2d, 78
3d, 7s
Clev. A P.— Cons.,

97 »«

C—

.

*

RyANav.—<;ol.tr. e..5s.l919

P.0.A8.L.-l9t,c.,7s

. .

,

5b.

1932
1936
1937
g.l927

Pan. Sink.F'd Subsidy—6s, g. 1910 •95
PenD.-P.C.CASt.L.Cn.g.4'«eA1940 102
Series B...
Do
do

107
112
111
111

90

100
•6
120

C<ciird'Alene—l9t, 68, gold. 1916
1938
108
Gen. l8t,g.,69
Cent. Washington— l3t,g..69. 1 938
Norfolk A West.—General, 69.1931 122>a
1932 119 iai"
New River, 1st, Os
78
1934 •109
Imp. A Ext., 68
1924
Adiustment M., 7a
3J"
1908
Equipment, 5s
95
1957
'ih\
Clinch Val. 1st 59
112'e
128
RoanokeABo— lBt,gu. 58,g.l9i3
Scioto Val. A N. E.— l8t, 48..1990
83>i 63%
108
Ohio A Miss— 2d oonsoU 78 ... 191 •IWs
1905
Spring. Dlv.— Ist 7»
64>s

112
106 H

C—

*o

Bid.

HclenaAReilM'n- l»t,g.,69.1937
DuIuthAManitoba— l9t,g.69l936 100
Dul.AMan Dak.Dlv.- I8t6s.l9.37

'74'"

85
74

.

Mil.
Mad.— l8t, 68...
1905
Olt. C. F. A St. P.— l8t, 58. 1909
Northern 111.- iBt, 5b
1910
Gh.Peo. ASt.L.—Con.l8t,g.5<i.l93i)

BECXTBITIE8.

Ask.

North'u Paeiflc—Dlvld'd scrip ext 101
A Indian.— iBt, oonB..192e
James River Val.— Ist, 68... 1936 •98
"lint A P. Marq.— Mort., 6b. 1920 123
1930 •93
>4
Spokane A Pal.— Ist, 69
100
gold,
1939
iBtcon.
59
Bt.Paul A N. P.—Gen., 69. .1923
1939
102>i
Port Hiiron-lat.Ss

vans.

. .

1939'

1900
1918
Wed. Piu'illo— BoudH, da. ... 1 899
Ko. Kallwtty (Cul.)—l8t, 68.1907
1938
60.T«ar 5b
one". A O.— Fur. M. fund, 68.1898
1908
6«. K"ld, 8erte« A
OalK Valley— l8l. g., 58.. ..1940

BECURITIES.

,Aik.

5.

Is

89

k vr iTnMc>l«H«.«iM

West. Va. C.

A

Pitts.— Ist,

Wheel.AUH.— Ist.

*

.

.

6.H.

5s, gold...
Inin. ir.. .^s

110

1908
1911

1926 lOSi* 111
•921«
1 930

F-xten-ion

A

VoU'ited

U* aU^.'-Mo Id pac« i>c«*«ABC.

. ...

.

.

.

.

..
,

.

1

.
.

THE CHRONICLE.

212

[Vol. LV.
Latest

BOADS.

Jttujestmjetxt

Eamvngt Reported

Week or Mo

1892.

1891.

ADD

M

East, ol Minn. June
Montana Cent. June
Tot. By stem. June

Housatoulc

March

Huinest'uASheri June
Hutch.&South'ii June

June
Tnd.Dec.AWest June
In. AGt.North'n 3d wk July
Illinois Centr'l..

tinteroc. (Mex.) WkJuly 9
January, March, May, July, September and November, Iowa Central... 4thwkJuly
Iron Railway... ,lune
end is furnished without extra charge to all regular sub- rk'nv.T.&K.W. June
Kanawba&Micb
3d WkJuly
teribers of the Cheonicle.
Kan. C. Cl.ASp. 3d wk July
The General Quotations of Stocks and Bonds, occupying K.C.F.B.AMem. 3d WkJuly
K.C.Mem. ABir.
•ie pages of the Chronicle, are published on the tliird Kan.C.Wv&N.W 3d WkJuly
June
Keokuk A West. 3d wk July
Saturday of each month.
«(e.,

RAILROAD EARNINGS.
Latttt

Eam%ngi

WeekorMo

Reported.

1892.

1891.

Lehigh A Hud..

Jan. 1 to Latest Date.
1891.

1892.
i

.

.

.
.

.

W

.

July

2,457

2,5711

944,500
99,011
99,151

815,352
99,781
111,110

1,142,663 1,026,244
123,482 116,918
9,200
10,915
7,66 S
6,529
1,500,403 1,411,325
34,257
32,384

66,160
30,022
31,709
3,358
47,435
6,8.i4

4.021
72,677
16,105
21,034
7,088
6,544
66,60d
40.083

Lehigh Valley.. May

*
9
$
964,601
197,395 1,001,084
iOleglieny Vai. May
673,288 17,991,767;i6,746.504
Atoli.T.&8.Be.. 3d wk July
932.668
978,931
31,198
HaU owned . 3d WK July
704,4^6 18,970,637.17,679,113
Total system. 3d wk July
126.978, 3,491,642 3,405,«59
fltl..&8aiiF.. 3d wk July
913,781
958,4111
30,604
Halfowned.. 3d wk July
33,793
Tot.8.L.&S.F. 3d wk July 164,986 157,.'i82 4,450,052 4,319.640
3d wk July 896,884 862,068 23.420,749|21,998,813
Agg. total
341,553
57,034
303,9621
50,990
A.tlanta&Cliar.> May
5,835
Atbmta&Flor'a June
7,257
208,792;
217,082
28.632
27,559
Atbmta&W.Pt. June
B.dkO.EaatLines June
1,571,405 ,544,010 9,214,489 8,729,018
459,178 455,.592 2,927,053 2,636,837
Western Lines June
Total
2,030,583 1,999,603 12,141,542|11,365,855
June
Bal.&O.Sonttaw 3d wk July
52,413 1,372,113 1,230,4"0
46,705
9,033
Batliil:Ham'nde June
1,790
1,604
10,337
Btr. & Atlantic J June
3,318
20,554
26,811
3,795
Blr.Bh.&Tenn.R May,
89,270
74,353
16,678
17,962
BnB.Roch.AiPitt 4tliwkjuly
71,722 1,764,894 1,^38,064
93,189
Bar. C.Rap.&N. Istwk July
76,643
52,946 2,018,327 1,660,537
222,177
227,571
Oamden & Atl.. May
56,001
54,672
Oanadlan Pacific 4tbwkJuly B37.000 503,000 11,612,489 10,712,056
18,523
Oar.Cum.GiCb. May
14,952
2,354
3,402
Car. Midland... June
25,862
27,635
4,001
3,010
Central of N. J
June
1,194,099 1,250,443 6.740,213 6,505,268
Central Faolflo.. May
1,226,807 1,380.451 5,461,879 6,174.535
Central ol 8.C.. May
44,288
43,501
6,506
5,608
tJhar.Cln.AChio June
67.640
72,196
7,624
10,667
Oharlest'EitSav May
310,027
369,871
53,421
61,591
Cliar.8uni.&No. June
70,866
49,243
8,500
6,965
Oheraw. &Darl. May
33,987
4,053
6,046
47,440
Oheraw.&Sallsl) May
8,649
834
1,127
11,762
dies. AOliio.... ttnwkJuly 296.30
275.857 5,079,326 4,879,555
Ohes. O. A 8.
June
166,037 174,592 1,041,377 1,083,031
Chic. Bur. & No. June
152,963 157,386
971,861
967,452
Chic. Burl. A Q June
3,326.296 2,609.198 18.236,840 14,769,587
Ohlo.A East. Ill 4tliwkJuly
81,567
96,154 2,202,968 2,073,286
Chicago A Ene. May.
196.510 197,87
1,162,135 1,014,282
Chlo. Kal.&S... April,
4,168
15,690
3,958
16,610
011l0.HU.ASt.P 4thwkJuly 822,90 J 778.697 17,447,471 14,617,356
ahlc&N'thw'n. J line
2,970,238 2,375,595 14,863,196 12,160,353
OUo.Feo.A8.L.t letwkJuly
23,808
22,210
624,698
520,640
Ohle.R'kl.&P... July
1,475,167 1.376,919 9,556,765 8,554,447
Ohlo.8t.P.AK.(j. 3d wk July
83,523
82,129 2.545,083 2,247,191
Ohlo.St.P.M.AO, June
768,987 576,274 3,955.461 3,218,928
Ohio. AW. Mien. 3d wk July
36,320
34.055 1,023,508
1)02,436
Oln.Qa. APorts June
5,593
30.847
5,818
30.052
4i)9,228
dn. Jack A Mac itbwkjuly
19,318
19.579
377,325
Ota.N. O. AT.P. 3d wk July
75.002
89,689 2,273,75
2,301,066
Ala.Gt.8outh. 3d wk Jul!
29,427
30,393
927,071 1,003,520
K. Orl. A N. E. 3d wk July
22,174
16,342
648,076
595,767
Ala A Vlcksb. 3d wk July
31n,092
8,357
10,466
321,507
Vlctit. Bb. A P. 3d wkJulv
7,083
7,257
278,272
303,236
Brlanger Bysi. 3d wk July 112,043 151,147 4,446,263 4,525,116
Olnn.Nortbw'n. June...
1,760
2,111
9,590
10.380
On. Porte. A V.. June...
22,108
112.200
20,520
105.751
Col. A Maysv June ...
1,101
1,055
6,9-0
5,853
Oln.Wab.AAltcb. June ...
71,725
65,122
391,133
310,555
Olev.AkroniSiCol 3d wk July
19.340
19,160
528,420
497,403
C1«T. Can. A So. May
81,316
66,347
291,214
242.768
01.ain.Cb.Ab.L 3d wk July 290.539 280,063 7,285,873 7,040.162
Peo. A East'n 3d wk July
30,890
36.182
937,918
837,468
CSev. A Marietta June
26,700
26,930
156,611
169,127
Oolor. Midland. 3d wk July
40,40 i
36,557 1,156,726 1,039,975
Col. H. V. A Tol July
277,582 313,733 1,831,353 1,690,578
OoLShawneeAH 4tb"wkJ'ne
20,471
11,091
328,611
223.402
OolosaALake.. June
1,905
1,586
10,081
10,736
QoDB. Blver
June
101,652
92,528
562,970
516,276
Onrrent River. 3d wk July
3,425
3,291
97,612
81,257
Rio
Deny. A
Or 4thwkJuly 242,100 260,500 4,927,243 4,598,619
DesM.No. A W June
33,851
23,740
190,945
148,320
DetBay CAAip .lune
30,902
43.655
182,911
239,S81
DetXans'gANu 3dwk Ju.y
21,259
22.469
631,82'
633,><44
Dlllatli8.8.AAi 3d wK July
62,024
64.479 1,192.759 1,084,809
Dolath A Winn. June
7,850
6,381
62,991
37,334
B.TenD.Va.AQa 2dwk June 118,861 130,467
n<liiJol.4i£aai June
62,313
60,422
396,442
310,243
KUkLex.AB.B... 2d wk May
12,585
14,174
Syans.AInd'pllr 4tbwkJuIy
11,432
10,811
202,719
193,297
Btemt. a T. H 4lbwkjuly
33,74"
38,478
708,254
677,331
Fttehborg
June
6^3,149 605,780 3,533,.338 3.307,217
TUnt. A P. Mara 3d wkjuly
48.698
51,925 1,619.348 1,617,1H3
Florence
May
1,623
1.752
17,363
22,256
rbW.AKloOr 3d wk July
4,636
5,013
188,861
117,115
6«.Car'laaNo May
17,540
7,776
69,121
51,220
GteOTgia RK
June
100,268 111,286
695,038
904,974
eeo.Bo. AFla.. June
61,479
57,524
367,660
358,202
G«orget'nAW't May
4,063
3.786
20,696
18.299
tto.Bap.AInd.. 3d wk July
52,997
53,005 1,340,047 1,269,428
01I1.S.A Ft. ^ 3d wkJuly
8,937
8,748
268.6;)0
232,424
Other lines.
3d wk July
4,343
4,560
128,174
12.i,470
Total all 11 u en 3d wt July
60,277
68,313 1,726,909 l,«2-,320
•randTmnk. .. Wk July3() 388.948 378,396 10,9<i6,:i99 10,45-<,722
Ohio AGr.Tr Wk July23
63,667
61,524 2,109,339 2,011,713
Det.Qr.H A M.' Wk July23
21,812
21,659'
6J4,40l
599.245

$
215,358
697,603
34,295
731,898
131,193

A

80 .June
L. Erie All.
West . 3d wkJuly
L. Erie

A

1

L.

Rock A Mem
Long Island

1,567,463
6.668
2d wk July
IthwkJuly 129,323

Loui8.AMo.Riv.

May

Louis.Ev.ASt.L.
Louisv.ANa.tbv.
Louis.N. AACh.
Louisv.N.O. AT.
Lou. St. L. A Tex.

tthwkJulv
ItbwkJuly
4tbwkJiUy

32,348
40,034
579,675
88,11'"

ItbwkMay

55,788
18,410
100,508
IfbwkJuly 203.231
IthwkJuly 137,078
46,641
A k July 9
45,100
4thwkJuly
12,334
June
178.191
June
244.000
Juue
183,264
id WkJuly
4tbwkJuly 825,000
243,840
July
57,970
April
400,986
June
26,980
May
9,458
Juue
3,700,000
June
2,742,729
Juue
544,936
May
..
475,537
March
48,773
Juno
IthwkJuly 125,403
155,062
June
43,663
April
IthwkJuly 182.852
50.827
May
565,171
June
4thwkJuly 621,674
-iiuwkJuly 157,714
4tbwkJulv 779,388
81,681
4tbwkJuly
16,325
3d wk July
46,729
July
38,66)
MaT.
349,200
Juiie

IthwkJuly

Memphis A Cha.-) luue
JMexicanCeut..
tMex. National
JMexican R'waj

.

Milwaukee ANo
Mineral Range
Mlnneap. ASt.l..
M.St.P. &8.8.M.

to Latett Dai*.

1892.

$

GuU A Chicago. June
Great Nortb'n 8t. P. M. & M. Jane
The IirvTtSTOKs' Supplement, a pamphlet of 150 pages
contains extended tables of the Stocks and Bonds of Railroads, and other Companies, with remarks and statistics coneeming the income, financial status, etc., of each Company.
is published on the last Saturday of every other month—

Jan. 1

73,028
38,158
2,449
44,851
5,861
4,743
74.862
16,896
20,102
7.316
5,688
74,674
37,472
1,434,110
11.341
120,397
33,77
42,069
613,796
85,868
72,337
14,869
111,269
202.32
112,437
70,502
50,922
12,234
132.240
169,593
179.701
779.000
266,333
72,853
306,359
23,123
13.194
3,571,802
2,584.494
510,870
481,950

17,0211

1891.

i
17.902

5,588,8511 4,309,387
414,916
472,079,
571.1181
622,459
6,633,047, 5,346,792

342,033
68.200
38.794
9,010,725
215,233
1,856,554

326,705
75,404
28,894
8,561,293
208,986
1,883,843

1,017,425
16,643

241,088

906,405
18,321
419,496
168,707
161,082
2,413,159
608,848
136,264
206,792
34,974
1,64 5,154
238,556

304,533
2,384,842
170.477

335.608
2,273,082
154,588

466.712
205,214
167,862
2,618,575

574,240
159,916
205,501
39,513
1,791.797

738.015

831,160

ll,9,")5,647

11,051,144
1,537,819
1,483,424
280,004
765,898
4,024,972
2,403.448
2,193,925
929,845
63,568
745,086
943,967
4,641,173

1,77.1,395

1,423,762

363,224
687.430
4,458,20'

2,362,367
1,05'1,263

942,269
64.907
907,273

1,377,018
4,696,833
14,436,000 1 1,425,000
1,885,287 1,978,862
Mobile A Ohio..
293,593
MontereyAM.G
297,661
Nasb.Cb.AStL.c
2,482,149 1,868,305
AN.
If
101,837
116,512
N.Jersey
85,590
68.363
New Orl. A So'n
20,110,444
21,383,80'
rnS.Y.C.AH.K
14,79J,'J03 13.7H5,924
N. Y. L. E. AW.
2,780,943 2,561,002
N. Y. Pa. A Ohiu
1,360,888 1,345,771
N. Y.AN.Eng.
233,645
4.5,500
246,534
N. Y. ANortb'u.
106,843 1,951,880 1,673,171
N. Y.Out A W
790,134
752,978
155,373
N.Y. Susq. A W
142,439
Norf & South'u.
lii',813 5,336,635 4,980,076
Norfolk* West..
378,443
322,695
.59,117
N'tbeast'n(8. C.)
576,817 3,328,180 3,175.603
Nortb'n Central
686,178 12,391,667 12,664,407
Nortbern Pacltii
119,387 3,161,809 2.807,726
Wis. Ct. Lines.
83S,565 15,556,47 15,472,132
N.P.A W.Cent.
86,818 2,271,528 2,285,864
Ohio* Miss
349,887
360,234
16,275
Ohio River
306,160
344,490
47,673
ObioSoatberu..
177,433
223,660
34,246
Omaha A St. L..
329.443 1,823,180 1,863,745
Oregon Imp. Co.
Pennsylvauia .. June
6,592,835 5,440,0^5 32,695.452 31,475,411
497,122
472,491
24,555
22,361
PeonaDec.AEv. 4thwkJuly
280,957
287,768
42,847
48,335
June
Petersburg
419,927 468,276 2,326,748 2,289,387
Pbila. A Erie... June
'<49
9,944,801
,10.781,527
1,820,
ARead'g.
1,917,296
Juue
Phila.
1,851,606 1,663,421 10,183,947 8,436,821
Coal A Iron Co. June
TotalbotbCos. June
3,768.902 3.484,270 20,968,474 18,381,626
1,194,099 1,250,443 6,740,213 6,505,268
Cent, of N. J.. June
Il,567,463 1,434,110
Lehigh Valley May
20,870
20,340
3,804
3,547
Pitts. Mar. A Cb. June
131,716
173,494
27,220
33,034
Pitt.Shen.AUE. June
107,049
94,819
94,819 107,049
Plttsb. A West'n January..
29,371
38,047
29,371
Pitts.Clev.AT. January..
38,047
15,589
15,116
15,589
Pitts.Pain.&F. January.
15,116
1,241,537
62,958
66,906 1,367,087
Total system IthwkJuly
422,399
687,410
1.56,168
113,582
Pitt.Young.AA. June
175,652
103,434
19,894
Pt.RoyalAAug. May
14,922
190,648
116,900
21,230
Pt.Roy.AW.Cai. May
15,023
58,186
61,397
Pres.AATiz.Cen. June
14,462
13,925
122,738
128,006
20,508!
QuincyO.AK.C. June
19,488
526,900
432,900
Bich.&Danvllle. J anuary. .
432,900 526,9001
183,300
141,500
Vir. Midland. . January. .
141,500 183,300l
95,700
68,500
95,700
Obar.Col. AAu. [January.
68,500,
90.900
71,600
71.600
90,900
Col A Green V. January.
82,500
63,500
63,500
82,500
West. No^Car. January
168,300
182.900
Georgia Pao
January...
182,900 168.300
9,900
9,720
Wash.O.A W.. January...
9,900
9,720
14,000
11,700
14,000
Ashv. A Spart. Jauuiry...
11,700
Total Sys'm. IstwkJune 245,080 255,030; 5,383,792 5,889,908
168.848
178,772
29,4571
31,720
Rich. A Petersl). June
126,886
317,361
19,791
6,867
Rio Or' de South. 4thwkJuly
3d WkJuly
55,000
53,200 1,352,391 1,294.472
Rio Gr. West .
45.204
50,453
Sag.TuscolaAH. June
10.385
8,320
727,00a
761,126
8t.L.A.AT.H.B's 3d wk July
26,110
27,780
9,842
St.L.Ken'et.ASo June
1,549
17,763
2,828
St.L.8outhw'ru. 4thwkJuly
120,000 107,600, 2,279.497 2,206,515
748,135
St.PaulADul'tb Juue
851,889
183,051 167,925
722,276
639,196
San Ant.A A.P Juue
107,037 137,830
4,820
2,722,
Saudersv.A Ten. 'June
537
1,269
418,918
17,615
430,702,
16,227
B. Fran.AN.Pac 3d wk July
231,886
231.212
44,144
35,974
8av. Am. A Mou, June
Sav.Fla. A West. May.
207,273 231.547 1,373,143 1,500,799
43,340
28,3971
SilTerton
June
15,000
15,161
212,150
BlouxCityANo. Juue
31,330
33,444
192,455|
69.396
South Bound... May.
15,014
818,852
660,011
So ath Carolina Juue
80,700
97,406

Mo.Kan.ATex.t.

Mo.Pae.&IronM

.

.

I

.
.

.

.

.

Co.—
GaLHar.AS.A. May.
Louls'a West.. May.
Morgan' sL AT. May.
N.Y.T.AMex May.
Tex. A N. on May.
Atlantic sys.ii. May.
Pacific system May.
TotalotaU..|May

So. Pacltlc

I

RK—

8o Pao.
Coast Div(Cal.)
Sou. DlY. (Cal)

May
May

.

.

.

1,686,661
375,136
2,221,170
67.695
611,710
5,001.270
2,898,956 2,983,372 13,'206,531 13 558,2-j2
3,802,598 3,940,853 18,150,951 18.559,180

338,037
73,077
315,848
16,247
127,030
903,642

351,760 1,741,558
415,552
82.442
365,710 1,993,549
81,473
19,199
661,342
131,582
957,853 4,944,421

179,779
629,626

761,250
189,881'
792,595
511,341' 2,986,H68' 2,527,377

August

THE CHRONICLE

6, 1893.]

Latest

Samingt

Jan,

Reported.

Dale

1 to Latest

WtekorMo

1892.

«

So.Pao.RR.-ron
Arliona Olv.. iMay

I

167.3261

IlnwMex. DiT. Mav

7.3H5
121,916

BtonyCl.ACMt.. May
Bomiult Rrttnch. 'Juno

2,720'
99,9811

LykeiiB ViiUey Juno

86,.')Sft!

Tofl lintliro'n Juno
Cenn. MUlUml 'Juno

1S6,S6!)'

.

Tcxns Central.. March
XexaA&Paclttr |3(1 wk July
Tei.S.ValAN.W. Juno
loL A. \.A N. M .iJiino

A

Cln.

H(l wit

July

Sol.AOhloOnt. 4ihwkJuly
to\. P.
fOl.Bt.

A Went.. 3il wk July
UAK.C. IthwkJuly

Tol.ASrt. IlHven
DlBtorife Del

Jrno
June

1892.

»
162,978

S
788,642
420,509
44,395
458,728
8,519
646,282
497.871

87,2611
8.627|

88,43i>

8p»r. Un. *0ol.
[Juno
BUton I»l. K. T. iV"y

1891.

16.686
14,474
113,484
3,102
91,974
7,062
43,254
18,303
72.5S9
2,076
36.824

116,700,
2,398

107,995
91.8771

199,872
13,550

returns,

1891.

•
812,716
424,456
55.979
418.10.'

7.58

4

616.5(il

404, or. 1
1,081.220

1,144,152
87,591]

65.402
3,255,430
4,224
21,398
84,756
524,944
6,100
170.755
S0,749{
845,648
21,685
525,278
75,633 1,124,169
2.319
11,969
36,016
171,253

90,791

M«y
May

Dn.Pac.D.AO. IMaiBt.Jo.*r,MIsl. 4thwkJuly

,740,740
,260,373
92,027
,352,400
90,808
2,025
4,195

All otit. Inien.. iM.iy
Tol.r.l'.ByH. .Muy

Oent.Kr..1:UL.
Tot. cmifled

Montuua Un..
AS.

May
May
May

LeaT.Toii.

Ma.T

Han.Al.Ac Bur.
JolnLowu'd...

May
May
May

97,030

Grand total
Vermont Valley Juno

Wabash

,400,9 l.-i

17.107

-ithwkJuly

WMt Jersey

May.
W.V.Oen.*PlUs. June
Western of Ala. June
WestN.Y. & Pa. Juno

585,709
340,936
511.690
18.900

....

WestVir.&Pitts. -May

3)8,000
134,568
97,799
37,124
271,300
30,190

WheeUng<&I,. E. 4thwkJuly
WU. Col. A Auk. May
WlrWitBT.ATen. June ..,

4S,21«J

60,645
4,907

616,76.5

466,641
474.462
17,550
.721,597
,341.281
49.458
,393,742

45,469
2,436
3.463
51,370
,419,427
15,823

455,000
12.'>,595

92,323
35,450
304,324
14,430
40.908
67,9?8
8,038

180,717
7.^7,8S4

497,183
1,029.578
12.666
158,161

2,626,813 3.0r?9,78l
1,54S,841 2,13'2,4'<3
2,199,917 2,011.'.I6t
636,898
430,M7
8,.W0,764 7.980.935
15,320.744 15,408,020
255,861
495,645
15,816,389 15,723,881
450,520
348,807
15,691
11,974
16,7 '2
16,732
482,944
377,485
16,057,881 15,912,024
89,629
82.563
7.583,719 7,335,761
546,071
560.010
532,438
547.443
221,584
263,215
1,607.662 1,675,713

712.475
443,154
46,336

8'09,575

36U,160
32,614

Flpires oovor only that part of mlleai^e located In South Carolina
are on whole Jacksonville Southeastern System,
Pacific Included in both years, e We.itern & Atland Includes earnings from fertlo Included In 1892, but not in 1891.
ries, etc.. not Riven separately.
;Mexloan oorrencr.
TFigures
Joolude Rome Watertown & OgdensburK.
ft

EamlnKS givon
KansaD City &

Latest

eamingH

Gross

Earnia^s by Weeks.— The

ia the foregoing table are separately

latest

weekly

summed up

as
follows:
The 84 roads comprised in the following statement for the
fourth week of July show 0'18 per cent gam in the aggregate.

t4« week ef July.
BoiTalo Roch.

Onadian

ft

Pltisb...

Pacific

Chesapeake ft Dhln
ChlokKO ft East. Illinois..
ft St. Paul..
Rio Grande...
BvansTllIe ft ludlanap...
•vans. ftTsrre tlaufe
•rand Trunk of Canada..
Iowa Central
lieke Erie ft Western
IxinR Island
l«nlRT. Evanav. ft St. L..

tnueatro Mil.

Denver

ft

Nashville...
lonis. N. Albany ft Chic.

Iioaisvlllo

ft

St. Louis ft Texas
Uexican Central
Mexican National
Milwaukee ft Northern.
Mo. PaclHo ft IronMt..
New York Unt. ft West.
Horfolk ft Western

Loulsv.

Northern Pacinc
"Wisconsin Central...
Ohio ft Mississippi
Peoria Dec. ft Evansv...
Plttsburtt ft Western
Klo urando Southern...
•t. Joseph ft ur. Island.
Bt. Lonls Southwestern.
Toledo & Ohio Central. i.
Toledo St. U ft Kau. City
'

Vabash
Wbeellngft Lake Erie...

1892.

1891

Itiereaee.

9

S

g

93,189
537,000
296,307
81.567
822,903
242.100
11.432
38.478
388,948
31.709
99,409
129,323
40,034
579,675

71,722
503,000
276.857
96.154
778,697
260,500
10,811
43.747

378,396
38.158
111,603
120.397
42,069
613,796

8«.U9

8.i,868

18,410
203.231
137,078
45,100
825,000
125,403
182,852
621,674
157,714
81,681
22.361
62,958
19,791
18,900
120.000
43,251
72,559
358,000
43,218

14,869
202,320
112,437
50,022
779,000
108,843
161.843
686,178
119,387
86,818
24,555
06,906
6,867
17,530
107,600
50,749
75,633
455,000
40,908

6,639,377

6,627,160

lowing shows

tlie

net earnings reported this week,

i

Deereaet

21,467
34.000
20,450
14,537

44,20S

'621

i8,4(>6

'5'269

.

Oro»s
1802.

BanUngi

S

Roade.

At. T. ft S. Fe.b.... June 2,886,054

—

.

ffel

.

Eamingi.

1891.

1892.

S

S

full

2,678,103

1 to
1 to

Jan. 1 to June 30... 3.974,600 3,867.038
July 1 to Juue 30... 8.305,437 8,433,716
Aggregate total, b. June 3,730.615 3,556,401
Jan. 1 to June 30... 20,922,962 19,585,430

-»

S
863,364
826,981
4,553,780 4,458,462

1.335,859
3,32ti,618

1,191,933
6,045,332

June 30...45,243.626 42,097,432 11,533.873
152,963
157,386
32,467
Uhlc. Bur. & North. bJune
971,861
967,452
295.520
Jan. 1 to Juue 30...
Julv

—

1891.

June 30. ..16,064,649 14.872,353
June 30... 34,648,755 31,942,266 10,965,612
P.'ds I'tlyown. (>«) bJune
169.827
163,032
51,284
Jan. 1 to June 30...
883,714
846,038
155,693
July 1 to June 30... 1,789,434 1,721,430
261,613
Total Atch. sys.b. June 3,035,881 2.816,195
914,649
Jan 1 to June 30.. .16,918,362 15,718,412 4,709,474
Julv 1 to June 30. ..36,438, 189 33,663,716 11,227,255
557,568
544,973
221,803
St. L.ft San Fr..b. June
Jan. 1 to Jnno 30... 3,109,730 3.018,114 1,172,418
July 1 to June 30... 7,053,228 6,748,503 3,040,041
167,196
163.235
R'dsrtlyowo.Cajbluno
55,.532
864,871
828,924
163,447
Jan. 1 to June 30...
286,574
July 1 to June 30... 1,752,209 1,685,203
721,761
710.209
277,333
Tot.S.L&S. F.Sys. b Juno
Jan.
July

1 to

800.868
Cjlo.M.&3t.Paul.a.Juue 2,581,778 2,147,615
Jan. 1 to June 30... 14,730,473 12,307.804 4,409,604
30...
27,501,224
11,488,504
32,233,508
July 1 to June
64,153
200,543
186,373
Colorado Midland. b.Juna
987,855
273,01
Jan. 1 to Juue 30... 1,039,266
563.583
July 1 to June 30... 51,103,600 1,968,267
44,854
13,824
47,435
lack. Tam. ft K.W... June
221,613
466.712
449,496
Jan. 1 to June 30...
781,824
703.267
341,709
July 1 to June 30...
238,032
June
619,976
544,039
Mexican Central
Jan. 1 to June 30... 3,806,691 3,387,338 1,238.191
June
153,533
141.009
50,910
Milw. & North.*
796,663
777,331
241,770
Jan. 1 to June 30...
642,904
July 1 to June 30... 1,765,367 1,630,442
178.191
132,240
60,093
Minn, ft St. Louis. a..Juue
907,273
745,036
334,826
Jan. 1 to June 30...
798,432
July 1 to June 30... 1,983,033 1,605,3S5
302,017
304,927
42,823
Ohio ft Ml83li!8ippt..aJune
341,330
Jan. 1 to Juue 30... 1,910,594 1,929.477
July 1 to June 30... 4,228,405 4,108,974 1,019,731
419.927
Philadelphia ft Erie.. June
468,276
84,403
636,639
Jan. 1 to June 30... 2,326,718 2,289,337
230,799
221,705
83,321
Rio Grande WesfnbJune
Jan. 1 to June 30... 1,197,890 1,116,477
383,727
973.589
July 1 to Juue 30... 2,613,925 2,346.129
207,273
231,547
41,579
Sav. Fla. 4 West. ...May
434,9t2
Jan. 1 to May 31... 1,373,143 1,500,799
June 1,112.683 1,017,306 •291,713
Wabash.b

10,552

9,636,441
7,650
def.12,357
def.15,894

834,632
4,446,098
8,620,548
216,936
1,169,716
2,907,649
11,033
def.418
15,527
227,969
1,169,296
2,923,176
1,062,601
5,615,393
12,513,723
65,22»
374,800
674.617
3,507.828
9,137,724
32,290
243,704
581,367
16,4S4
211,735
237,839
183,375
1,217,052
51,694
273,765
619,80S
18,019
229,345
536,219
83.22i
538.433
1,172,411
170.105
831,96*
81,407
385.343
89S.053
59,187
531,434

246,946

Jan. 1 to June 30... 6,471,719 6,043,914 1,311,972 «1,445,119
July 1 to June 30... 14,378,988 13,028,288 '3,546,461 *3,463,065

'6,V4*9

8',926

A

detailed statement, including all roads from which monthly
returns can be obtained, is given once a month In these
columns, and the latest statement of this kind will be found
in the Chroniclk of July 33.
The next wiU appear in tht
issue of August 20.

49-!, 467

*

f

1892.
1891.
Inrreiur..
Month of July
P.O.
Oross earnings (45 roads) (23,876,642 922,811,039 $1,035,553 4-67
Net Earnings Mouth ty lo Latest Hates.—Tlie table fol-

3,459,585
21.212

ll'8',543

Onion PatHtIc—
Or. 8. L. ATI. N.
Or.Rj-.A N. Co.

213

For the month of July onlv 45 roads have furnished
and thoy show a gain of $1,066,668, or 4 '67 per cent.

BOADS

rol. Col.

1

.

.
.

12,194
'

"2,035

Not including miscellaneous Income.

34,121

ANNUAL REPORTS.

2,251
3,541

911
24,611

Chicago

6,822

46,000
18,560
21,009

& Northwestern Railway.
May 81, 1892.^

("For the year ending
64,501

8,327
5,137
2,194
3,948

12.924
1,350
12,400
7,495
3,074
97,000

2,310

The annual report of the company is issued more promptly
than usual after ths close of the fiscal year.
The comparative figures for four years, compiled in the
usual complete form for the Chronicle, ar« given below, and
show in the income account tiie handsome net surplus of
$1 ,344,450 above all charges and dividends, against |334,758
s urplus the previous year.
An anilysis of the report is given
in our editorial column?.
The remarks of Mr. Marvin Hughitt, President, will be
found on asubiequent page, contaitiing many details concerning the year's operations and the com laay's fi'iarioial condi'

Total (34 roads)
Het Increase (018 p.o.i
One day less in 1892.

294,416'

282.229

12,217l

'

Our completed statement

for the third week of July covers
3'71 per cent in the aggr egate.

?5 roads, which have gained
3(J

week of July.

1891.

1

Chicairo ft Grand TruuK..
Cin.N.O. *T.Pao.(5 roadsi
Cleve. Akron ft Columbus

Current River
Detroit Or. IL ft Milw...
Inti-mari ft Ot. Nortli'n
Kan. City Clin, ft Spring.
Kan. City Kt. S. ft Mem...
ObloUiver...

U Alt. ft T.

6,674,828
61,524|
154,147

408.688
2,143

19,160'
3.891>
21.659!

""i's'o

H. Br'ciies

Ban Francisco * No. I'ao.
Toledo Peoria ft West'u..

LooomotWes...

115,321

Operations-

134
163
6,868

4.743'

722

74,802
1H,296
7,346
16,275
27,780
17,615
21,685

2,185
791

258
60

car'd.
Pass'g'r inile'ge 279,210,717
Part.'i'Ker.-i

i

p.c.)...l

7,461,493

1889-90.
12,142,783

279,699,333

1890-91.

13,184.829
309,212.070

27,9

U

1891-92.
15.018,223

336,878.116

2-17 cts.
2-17 ots.
2-31 cts.
Rt'ep.pas.p. m.
217 ots.
16.337,753
13,616,872
FUt (tus) m'vd. 11,154.715
13,138,110
2246,302,.541
1950,037,071
Fht (tus)m-go. 1801,701,696 2000,182,603
102 Ota,
1-03 ots.
1-01 ots.
0-98 ots.
Rutep. tuup.ra*

Earnings—

$

$

9
7.293,880
2 2.783,123

1,'225.445

6,700,351
19,329,311
l,i63,9S2

27,161.337
9,769,732

27,79J.674
9,502,663

31,422,272
11,035,134

6,235,179
19,654.213

M,ai,ezp's3,fto.

6,281,277
18,193.646
1,237,336

Tot. earnings

25,6.)2,2.39

Net eaniiugs.
P.c.cxp.toeam

9,661,972
82-33

P.t»8enger
Freight

1,334,969

"i',67^6

1,388
8,332

.

Total (75 roads)
•ett»erease(3-71

26,343
26,334
OPERATIONS AND FISCAL RESULTS.
25,746

1888-89.
11,465,903

858
632

846
558

806
558

786
546

Pas9n..fto., oars

Fi'ght,4o.,car3

12,101

73,028

Kan. City Mem. ft Blrm.
Keokuk «: Western

Deereaet.

%

9

Prev'ly report'd 57road8i

».

Increate.

tion of much interest to t'le public aad to the hoi lars of securities in this corporation, which now sho^s over |-31 1,000 ,000
in its general balance sheet. Statistics for four years follow
ROAD AND EQUIFHENT.
1891-92.
1890-91.
1889-90.
1883-99.
4,373
Tot miles oper.
4,273
4,250
4,250

7,194,839
I

411,343
266,859

144,689

*

On paying

6407
t

freight only.

65- jl

04- 73

.

:

,

THE CHRONICLE.

214
$
3,160,704
2,376,125
9,788,821
7o 1,637

3,680,437
2,569,167
10,401,3a8
754,103

3,353,694
2,855,480
11,>27,355
854,476

16,027,287

17,405,1«5

18,291,006

TazeB
Total

l.NXOMB

—

Dividends'
Sinking f and...
TotaiaVni'tfl.

-

Balance.surpl's
*

6 p.

c.

20,336,438

1891-92.

1890-91.

9

InTeBtm'nts,&o

(For the year ending June 30, 1892.^
The annual reports remarks "that the surplus revenue for
928,162 the year ending June 30, 1893, was $81,007, as against |56,551
for the preceding year. The company ha< therefore earned

3,920.697
3,164,548
12,323,031

ACCOUNT.

1889-90.

1888-89.
Iteeeipls—
Net earnings...

Total
JHtbursemeiitg
Intet'st on debt

$

$

$

9,502,66«
259,585

11,085,834
317,736

10,100,471

9,762,253

11,403,570

5,825,833
3,444,504
58.000

5.826,936
3,444,979

5,880.390
3,445,804
201,301

•,072,960
3,675,7»5
410,425

9,328,337
622,012

9,474,485
625,986

9,527,495

10,159,120
1,244,450

9,664,972
285.377

9,759,732
340,739

"9^950,349

on common and

7

202,570

234,758

on preferred.

GENERAL BALANCE AT CLOSE OF BACH FISCAL TIAB.
1890-91.

1889-90.

AsMlg—
Eoad and equipment
Bonds owned

1891-92,

$

196,806,196

1,386,366

;4

22,335.4.='4

}22.33ti,954

529,885

519,510
114,235,500

112,.^70,500

1,332,075
4,972,271
627,830

1,561,9.47
5,4(15,696

724,068
10,009,><23

,951,421
5,,371,977

1,649,017
120,087
2,387,548
5,470,733

335,000
2,470,107
164,876
1,186,735
128,520
1,652,589
100,580
2.956,300
6,715,183

187,897,614

196,806,196

211,889,801

1,916.601
177,131
1,302,195

1,,573,344

93,546
1

Tot»l

211,889,801

41,384,866

.

Land income account
BaUroad Income account

for construction purposes, the condition will not admit of any
dividend being paid at present. Authority has been given by
the company for the itsuance of first mortgage bonds to the
amount of $42,000 for an additional 1*71 miles of track constructed and in operation. When the bonds are placed on the
market, the proceeds will be applied to reimburse the railway
company. In comparison with the preceding year the gros»
earnings show an increase of >.53,834, or 6-46 per cent. The
opprating expenses show an increase of $30,963. or 5-97 per
cent.
The net earnings show an increase of $32,861, or 7 26
per cent.
The statistics for tliiee years have been complied for the
Chronicle as follows
OPERATIONS.
1889-90.
Miles operated
162
Optrafiong
Passengers cirried
686.623
Passengers carried one mile
18,410,535
Aver, rae per passenger per mile.
2-06 cts.
Freight tons carried
Iit4.279
Freight tons carried one mile
7,458.210
Riite per ton per Uiile
4 41 cts.

Includes F. E. & M. V. 1st M., owned and pledged as collateral for
extension 4s of 1886, $13,235,000.
t Includes Chic St. P. M. & O. stock, $10,000,000; Mil. L. S. & West,
stock, $7,723.000 ; F. E. & M. V. KB. stock, $1,981,500. Also owns C.
& N. W. common stock. *2.345. 164, and preferred stock, $2,284—included on other side of the account.
{Including .$2,345,164 common stock and $2,284 preferred stock In

Company's treasury.

The e*raing8 and income account of these roads have been
eoaapiled for four years for the Chronicle as below:
FREMONT ELKHOBN & MISSOURI VALLEY.

Freight
Mail, express and miscellaneous..

Mall, express,

1888-89
l,2o6

1889-90.
1,236

1890-91.
1,283

$

$

s

725,702
752,065
819,594
2,110,099 2,2(j9,946 2,221,700
262,127
255,732
268,955

<fcc

1891-92.
1,301

$
714,614
2,464,265

1,044,598

1,043.648

IltCOMB ACCOUNT.
1888-89.
1889 90.

1,051,612

1,104,349
1891-92.

$

$
1,104,349

$

$
1,043,648

1,051,612

Interest on bonds
Interest and e x change ... .
Rentals. C.d: P. KR

927,1 39

930,178

976,899

13,412

13,545

'13,512

'isliVf

Total disbursements..
BaltuiM aurpliu

939.891
104,707

943,114
100,534

990,411
61,201

1,031,477
72,872

'

cr.

660

cr.

609

1,017,990

Total

1888-89.

1889-90.

107

107
s

$

1891-92.

107
$

107
$
251,440

229,675

Mail, express, dio

52,179

237,482
211,455
52,446

Total earnings
Op. exi>cn8e8 and taxes...

576,610
348,670

540.367
322,361

601,383
308,088

510,216
379,886

227,040

218,008

193,295

130,330

-

Net earnings

258,.513

207,418
51,358

INCOKB AOCOUNT.

*/>«S^-^*
Interetiton Istmort

latareaton Gov. lien
Inteiest qd floating debt.
£ijL«">P'e'- stock

mm and

loss

^tal dltbnrsements

SklMM

1888-89.

1889-90.

1890-91.

$
218,006

,

1891-92.

*

193,295

130,330

97,680
97,699

97,690
97,690

11,880

97,680
07.699
2,477
11,830

cr.3,132

•r.3,604

<T.4,664

<r.5,143

202,645

802.086

5',572

.
209,649
206,082
Sur.l8,e9l Snr.ll,02t

1890-91.

Sinking fund
Total
Balance, surplus

886,472
185.841
112,417
22,807

525,783
229,510

544,463
288,184

575,o.->-.;

202,779
25,0J0

206,633
25,000

205,412
25,0OJ

227,779

231,633
56,551

230,412
8 1,00s

1,731

GENERAL DALANCE JUNE

4S3.0.IO

399.2 11
54,123

140,192
113,795

311,420

30.

1890.

Asiets-

$

172.496
108,812
18.527
142,281
102,3*7

Total

Net earnings
DtduetInterest on bonds

1891-92.

$

832,648

General and taxes

1891.

1892.

$
10,181,882 10,327,193
37,638
42,319
25,743
25,610
230,031
25,158

10,375,982
36,545
26,397
103,062

10,475,345

10.420,280

10,541,984

6,000,000
4,176,000
107,334

6,000,000
4.150,000

6,000,000
4,124,000

Supplies, pay-rolls,

&c
Aiiglo-Califomian Bank

53,749

56,M(!1

188;is4

Miscellaneous

62,396

Net revenue account

15,3t55

59,452
1,543
71,917

152,924

10,475,345

10,420,280

10,541,984

Koad and equipment
Materials, &c., on hand
Fund for redemptiou of bonds
Total assets
lyiabilUics—
Capital stock
Bonded debt

$

Advances
Sinking fund paid

9

50.000
30,507

payable

Total

'76i6od

906-

Brooklyn City (Horse) Railroad.
fFtr the year ending June 30, 1893.>
This company has reported to the .State Eaili-uad Commissioners as follows for the years ending June 30
EABNINGS, EXPENSES ANIl CHARGES,

11,830

11,830

Def.9,350 I*f. 71,736

1800

1889-90.

91.

1891-92.

$

Grogs earnings
Operating expenses

3.217,224

3. .560,450

2,505,53!^ 2,774,305

Neteamings

71I,6S8
14,346

Other income
Total

792,151

553

3,787,295
2,915,510

871,785
50,726

726,034

792,703

922,511

109.950
16.623
16,088
159,540
480,000

201,442
45,429

Dividends, 8 percent

40,000
64,629
79,238
13V,571
368,000

Total
Surplus

689.438
36,596

782,201
10,502
$1,080,937.

878,534
43,977

—

'taxes

The betterments

for the year were
GENERAL BALANCW SHEET JUNE

AsseU.
Cost of road
Cost of equip

1 51,663
480,000

30, 1892.

Liabilities.

$8,032,907
2,562,636
203,213
70,000
71,088
106,629

Cash

227,940
97,080
97 699

cts.

153,497
11 4.700
19,588
138,937
99.061

Rentals
1890-91.

255,108
269,636
51,860

*,™K"t

4-40

755,294

Interest os bonds
Other interest

EAKKINGS AND EXPENSES.
Earnings from—
Passengeis

ct».
194.0(1(5

416,479
362.835
53,334

way

Jlaiiiteiianceof

Deduct

SIOUX CITY AND PACIFIC.

.
„,. . „
,
Miles operated

4-37 cts.

2-02

8,96i;,721

:

1890-91.

1,044,598

Keteamlngs
Deduct—

S'09 cts.
19'2.472
8,2it9,391

302,377

Total earnings
3.097.928 3,217,744 3,310,239 .%481.256
Oper. expenses and taxes.2,053,330 2,174,096 2,258,627
2,376,907

Keteamlngs

921,357
21,412,789

380.455
329,071
45,768

Operating Expenses— •
Conducting transportation
Motive power
Maintenance of care

Bills

EARNINGS AND EIPEMSEI.

Passengers
Freight

165

804.148
19,^35,773

$

Miscellaneous accounts

TRANS-MISSOURI RIVER LINES.

Eammgafrom —

1891-92.

162

1889-90.

Earningi—
Passenger

"

Miles operated

1890-91.

EARNINGS, EXPENSES AND CHAKOES.

187, 897,614
Total
Liabililics—
Stock, common
41,,384,S6B
Stock, preferred
22,,335,451
Stocks of proprietary roads, &c.
579.110
Bonded debt
104,.985,500
Dividends declared, not due. . 1 332,075
Sinkinie funds paid
4,,747,970
Accretions to sinking fund
Securities for CHp. stock iss'd..
Securities retired from Income
Current bills, pay-rolls, <Sic
2,,199,846

176,327
1, 038,176
125,000

a dividend of about 1 1-3 per cent on its capital stock during
the past year, but by reason of the surplus having been used

—

153,403,472
11,219,551
12,151,500
Blocks owned.
422,794
Land grant investments
1,825,439
Bills and accounts receivable.
1,978,007
Matulals, fue),&c
2,148,880
Cash on band
4,747,971
Trustees of sinking fund

Uncollected coupons, &c
Due to roads in Iowa
Consolidation Coal Co
Acciucdaud accruing interest
Miscellaneous

San Francisoo & North Pacific Railway.

1891-92.

1890-91.

1889-90.

1888-89.

Bicptnset—
MaiDt'ce of way
"
cars, &o.
Trans. Amis eel.

LV.

[Vol,.

Bills receivable

Open accounts
Buppliee eu hand
Total

$11,046,473

I

Capital stock

Funded debt
Hills

payable

Ope u accounts
1

Profit

1

an 1 loss

(sur.)..

$6,000,060
3,925,00»
500,00»
61,187
560,286

$n,046,47S

Total

Dry Dock East Broadway & Battery (Horse) Railroad.
fFor
The following
roati

the year ending
is

from reporta

Commissioners,

June
to the

30, 1892.^

New York Skate

Rail-

—
August

THE CHRONICLE.

6, 180?.]

ARMN'OH, KXrKMIKI AND ClUKOICn.
1889-eO.

A

1890-Dl.

1891-02.

}&

JD

780,449
809,496

780,694
523.379

737,8(11
n47,5i;8

270,9,13

2«7.315

I90,2!i3

04,990

10'*,iai

13,182

Total lucome
Pfri net -

369,913

365,400

203,445

ilmrRes

170,580
72,000

170.162
96.000

168,480
60,000

242,580
*127,363

266,162
*99.304

def.25,041

<iroaseariiiiiR8

Operating expuD»vs

(czul. taxes)..

Net cariilnKS
Other lucouif

I'ljciMl

Ulvlilouda

Total
Surplus
*

228,486

Frnni this mirplus paid $90,000 loan In 1889-90 and redeemed
certlttcatcs of ludrhtodncss lu 1890-91.
<;knkkal bm.ancb siiekt ji;ne 30, 1892.

$100,000

A etc In,
Cost of road
Coot of t'gulpment

U.S. bonds
Cash on h>.nd
Supplies on hand
Total

LiabUttiei.

$2,300,000
$2,751,200 Capital Htoclt
314,152 Funded debt
840,000
4.!liio
Int.onrnnd.debt
20.000
aco'd).
61.496 Int.due>&ao<3rMuuoert!>.
27,500
(surplus)
16,HH4
41,840 Frolltaud lods
*3,1»8,784

|

Total

$3,188,784

Forty-second Street & Grand Street Ferry (Horse) R.R
fFor the year ending June 30, lSti2.J
From the reports to the State Railroad Commissioners the
following

is

com pill

d,

EAUXINGP, KXCENSKS AND CUAR08P,
1890-91.
18S9-90.

$

1891-92.

$

Gross carnloes
Operating expenses

423.686
240,733

446,086
256,401

457.841
260.075

Ket earnings

182.9^3
8,778

189,685
.1,428

197,766
11,464

191,731

195,113

209,230

16,520
1.046
1,500
32,351
97,^40

16,520

16,520

Other income
TotjU

Deduct—
Interest on bonds
Other interest

Rentals

Taxes
Dividends

1,.500

33,708
119,680

1,500
47,411

119,680

215

bonds to not exceeding the sum of $7,800,000, the $4,800,000
additional bonds, if issued, to be used solely for the purpose
of retiring and pnying off bonds now issued and outstanolng
under two certain mortgages, dated roipectively Der;. 1, 1875,
and Jan. 1, 1887. amounting in the aggregate to the sum of
Said supniemental inortgaue will also provide
$4,800,000.
further security for the present issue of said $!, 000.000 five
|)er cent general mortKa<o gold bonds.
The form and provisions of said proposed general and supplemental mortgages
will also bo submitted to the stookiiolders fof approval.
The transfer books of the common stock of the company will
be closed Aug. 19, 1893, and reopened Aug. 8i), 1892.

Florida Central & Peninsalu— Sontb Roaiid. -The Savannah Kews gives the terms of the leise of the South Bound
to the Florida Central & Peninsula, which was reported in the
last issue of the Chronicle,
It says: "By thp terms of the

& Peninsula secures the South Bound
by a guarantee of 5 per cent interest annually upon ^l.'i.OOO of
bonds to the mile, or upon $3,180,000 of bonds, the road
being 143 miles in length.
In case the net earnings
of the South Bound
exceed
the annual
rental, the
stickholders are to receive one-half the excess and the
lessees one-half.
A bond of $700,000 is given by the Florida
Central & Peninsular Railroad for the fulfilment of the lease.
The conditions of tne lease require the building of the line
from Savannah to Jacksonville. By its terms the Florida
(central & Peninsular Railroad does not take possession of the
South Bound until it has completed this connecting link,
which it guarantees to do by September, 893. At the same
time It guarantees the interest upon the hoods of the South
Bound from the time of entering into the corjtract. The
understanding is that the new line will extend from Hart's
Road, Fla., to some point upon the South Bound near Savannah. A surveying corps is already at work in the 6eld and
the surveys will be made as rapidly as possible, that the work
may begin this summer. The road will run east of the Savannah Florida & Western Railwav, and will, it is estimated,
shorten the distance between Savannah and Jacksonville
about forty miles. The present distance by rail is 172 miles."
Ueckf r- Jones- Jevt ell Milling Co. Circulars sent out last
week by this co pany, under which the flour mills of New^
York and vicinity have been combined, give some details
of the coni^olidation.
The vendors' statement s^tt forth that
the five mills acquired have a capacity of 9,000 barrels of
flour a day, and ia addition manufacture a number of food
specialties.
The real esate and buildings, water fronts and
wharves, exclusive of machinery, occupied and used by these
mills have been appraised by Richard V. Harnett at $3,004,000.
The machinery, fixtures and appliances Ur.ed in manufacturing, merchandise, stores and manufactured toods on
hand, together with cash in bank, are valued at $2,800,000.
The patents, brands and good will are part of the property
acquired, but are not included in this valuation.
The statement also says : " The books of the companies
have been examined and the average net profits for the last
five years have been over $500,000 per annam.
In the opinion of the vendors, by the operation of this consolidation
of their interests in one company the net profits will be inlease the Florida Central

1

—

t

171,408
23,705

148,657
43,074

Total
Surplus
GEXIvKAI. BAI.ANCK

A$4eU,
Cost of road
Cost of equlpmi'Ut
Other prrtuaueut InvestmentCash on hand
Supplies on band

185,,111

24,119

SHEET JIINB 30, 189?.
Liabilitiet.

$913,045
107,265
2..500

113,295
2,800

Capital stock
Funded debt

$748,000
236,000

Intere.st on debt
Bills payable, &o

4,1.'J0

Sundries
Profit

and loss (surplus)

$1,138,905

61,451
4,000
85,324

H,138,£05

GENERAL INVESTMENT NEWS.
& Santa Fe. —Th« Atchison income bonds

Atchison Topeka

—

assenteil to
ibe plan of conversion to date aggregate
$87,500,000 in Europe and $31,331,800 in America—$68.Practically all bonds will have assented as soon
861,800.
as new engraved eecond mortgage bonds can be delivered,
which will lie in the latter part of the current month. Sept.
1 is the date fixed for terminating the privilege of conver-

See adveriisement.

sion.

creased at least $200,000 per annum."
It is announced that all the comOlon stock, $3,000,000, and
the 6 per cent bonds, $3,500,000, as well as $3,50l),000 of the
$3,000,000 preferred ft per cent stock have been subscribed for.
The companies taken into the combination control the
local flour output and are as follows
The O. V. Hecker Company, founded 1843, situated corner
of Cherry street and Pike Slip, New York.
Jones
Co., founded 1830, situated at corner of Broome
:

& Northern.—This company has the
right to (lay off i s 7 pt-r cent equipment bonds at 105 and interest.
There are at present $940,000 of these bonds outstanding and the diiectors have voted to pay them off at 105 on Feb.
and Lewis streets, New York.
1, 18S»3, ut which time interent will tease.
Holders are given
The Jewell Milling Company, founded 1855, situated next
the privilege of retaining iheir bonds if they so elect upon
to Pulton Ferry, Brooklyn, <m East River.
agreeing to 5 per cent interest and the waiving of the sinking
The Kings County MilUng Company, founded 1863, situafund provi.sion tor an annual redemption of one-tenth of the
ted on Broadway, Brooklyn.
bonds at par. Agn emeiit to this effect may be made at any
The Staten Island tlUiing Company, founded 1889, situated
time tiefore Jan. 1, 1^93.
at Mariners' Harbor, Staten Island.
Chicago Milwaukee & St. Paul.— The statement of this
Houston East & West Texas. .\.t Houston, Texas, on the
company for the niontii of June and for the fiscal year end3d inst., under decrees of foreclosure of the first and second
ed June 30 wae given out this week. The ligures are given
mortgages, the Houst<m East
W»-8t Texas Railroad was sold
below for ihe Hai-al year
to James A. Baker. Jr., attorney representing E. .'<. Jemison,
30—
1B91.
Tearnwing !unf
1892.
Inerease.
23 William Street, Neiv York. The road was knocked down
Gtoss earuings
$27.60i.224
$32,2-3,503
$4,77H,'283
Expenses auJ taxes
18,;ii 6,500
20,815.001
2,448,501 for $1,200,000, being the minimum amount fixed bv tiie Cotirt.
The land of the company, amounting t<) 73,800 acres, and
Net earnings
$9,137,724
$11,468,503
$2,330,779 which was not covered by the mortgages, was also sold to Mr.
After deducting interest on funded debt and 7 per cent on Jemison for $100,00). It is expected that the sale will be
the pteferrtd st. ck, there remains a balance of $3,608,000.
confirmed at the October term of the District Court of Harris
Chlrago Itnrling'tun

&

&

:

A

riniiiiiiiiti Hamilton H Dayton.—
circular under date
of Jul» 29 lias been i>sued. calling a meeting of the stockholders if II. e Cincinnati Ilamilion
Dayton Railroad Cornpa .y at Cincinnaii, on Monday, Aug, 29, for the trans-action
of such businexs us may lawlully come ttefore said meeting,
and esp«ciall> for the purpose of voting on the subject of authorizing the execution of a mortgage supplemental to the
general mortgage dated June 1, 1892, securing an issue of
$3,000,0(10 ol live per cent general mortgage gold bonds of
said raiiroail company, which general mortgage *a3 authorized at the stockholders' meeting, held at Cincinnaii, O., on

&

Monday, May
It

9, 1893.
pri.po.-ed that

said supplemental mortgage shall,
said ge»eial mortgage and grant
power to ti.e
ard of Directors, in its discretion, to increase
the issue undtr said general and supplemental mortgages of
is

among

other things,

R

amend

County, when Mr. Jemison will carry
made with the bondhollers, under which

out the aijreement
the bonds have been

deposited with the Union Trust Companv. Tliis agreement
provides for the exehange of the old firsts, principal and accrued interest, at face value, for new fir-t mortgage lotty-year
gold Hves. Under the mortgage, bonds may be issued at the
rate of $a0,000 a mile on the 193 miles, making a total issue of
$3,840,000. About $2,000,000 will be used to settle the principal
and interest on the old arsts and $300,000 for prior juwments.
The remainder of the issue will be reserved to stauoaid-gaug*
the road.
Jacksonville Tampa & Key West.— Arguments in the
matter of a receiver for the Jacksonville Tampi <S Key West
Railway began in the Unit'.>d Stites Circuit Court at JackThe railwav o.Hoials, in resonville, Fla., on the28tiult.
sponse to the order of Judge Swayne, that they apt)ear and

:

:

;

THE CHRONICLE.

216

[Vol. LV.

show cause why a receiver should not be appointed, su bmitted holders includes L. S. Leiter, N. B. Ream, Marshall Field,
the Keiths, theJBlairs, the Pecks, and other strong men.
the order of Judge Pardee making General Manager R. B.
National Wall Paper Company.— A number of the largest
Cable the receiver, and his counsel offered the receiver's bond
for approval by the judge. The attorney for the American wall paper manufacturers have consolidated under the name
minority
the
of the National Wall Paper Company. On August 2 the propConstruction Companv of Chicago representing
stockholders, and the petitioner in this suit, objected to the erty of the several firms and corporations that have agreed to
move
a
time
right
join the combination was turned over to the new company.
bonds being approved, as he would at the
discharge of that receiver. He characterized the action of The certificate of incorporation was filed with the Secretary
a
of
appointment
the
securing
of State at Albany on June 4 by the attorneys of the combithe majority stockholders in
The
receiver as a collusive suit for the mutual protection of the nation, Guggenheimer & Untermyer, of 46 Wall Street.
stockminority
the
of
the
damage
company has had much opposition from several well known
majori^ stockholders to
Carpender,
firms,
including
Janeway
&
of
New
Brunswick,
holders.
, -TT r,On Thm-sday the 4th inst., on the suggestion of H. Bisbee, N. J. M. H. Birge & Sons, of Buffalo, and William CampComConstruction
American
the
bell,
of
this
city.
complainants,
for
attorney
Mr. Untermyer gives the following particulars about the
pany of Chicago, and others, Mason Young, of New York, was
appointed receiver of the railroad property. Frank Q. Brown, company
.

-i.

;

was urged for the appointment by the attorney for
the Boston stockholders of the Florida Southern Railway,
which is a part of the Jacksonville Tampa & Key West
system.

"The

corporation is organized under the laws of the State
York, and has for its name the National Wall Paper
Company, with a capital of $14,000,000 in common stock and
$8,000,000 of debenture stock. A tax of $17,500 was paid into
the State Treasury on the organization ot the company. This
Lehigh Valley— Philadelphia & Keadiiig.— AtEaston, Pa., organization has been engaged recently in
the purcliase of
Aug. 1, Judge Schuyler, of the Northumberland County wall
paper factories, and has now completed the purchase of
Court, Judge Reeder assenting, denied the application for a
about twenty of them. The concerns now owned by the comreceiver foe the Lehigh Valley Railroad. He also refused a
pany represent about 60 per cent of the wall paper manufacpreliminary injunction restraiuing the Philadelphia & Readturing business in the United States.
The charter was obing Railroad Company from the " further operation and
management" of the property included in the lease to the tained under the r«cent amendment of May 1, 1893, to the corReading Company. The bill was filed by Elizabeth Gummers poration law, which, as amended, is more just to corporations
law which we have ever
and others, as stockholders of the Lehigh Valley Railroad organizing here than any previous
had on our statute books. " * * *
Company. The Court says
"
I must decline for the present to state the names of the
" Tnis Is a motion for a receiver for tlie LeMsh Valley Railroad Company and tor a preliminary iDjunctlon. The motion for a receiver la various concerns until the organization is furtlier advanced.
based on a number ol allegations, the purport of which Is that the The prime object of the consolidation is to avoid the duplicadirectors of the Lehigh Valley Railroad Company are cngaKed In a
conspiracy to ruin that company In the Interest of the Philadelphia & tion of patterns, which has cost the manufacturers in this
Beading Railroad Companj. As might be expected from the high country millions of dollars annually. The definite policy of
character of the gentlemen concerned, aside from the inherent ab- the company is not to increase the price.
It could not do so
surdity of such a charge, there Is r ot the sUghtest evidence to support
if it wished, because of outside competition."
The motion for a receiver is therefore denied.
It.
" Are the complainants entitled to a pieliminary Injunctlonl The
The N. Y. Tim«$ reports " Although it is denied that the
of Boston,

New

of

:

:

present controversy is the outgrowth of a lease by the directors of tie
Lehigh Valley Railroad Company of that company's property, including all its franchises except the franchise of being a corporation to the
Philadelphia & Reading Railroad Company. The contention of the
complainants is that the lease is illegal, first, because it was 'not within the ordinary mauagement' of the company, and. therefore, not
within the powers of the directors to make It, and in the seeond place,
because, as the complainants allege, the lines of the Lehigh Valley
and Philadelphia & Reading railroads were at the date of the lease
'parallel or competing,' and therefore the lease was In violation of
Article 17, Petitiou 4, of the Constitution.
There is an allegation in the bill that the Philadelplila and Beading
Railroad Compauy is diverting traffic from the Lehigh Valley Railroad
to the other roads of the Reading system, and ther* is some evidence
to that elTect, hut it is more than overbalanced by evidence the other
way. There is allegation that the lease in controversy was the result
of an unlawful combination and conspiracy to create a monopoly iu
the production and transportation of anthracite coal. We do not exactly see the relevancy of this allegation, but It is enough to say that
there is not a spark of evidence to implicate the Lehigh Valley Railroad Company in such a combination. The Lehigh Valley l«a»e was
the first step in what will pass into history as the great Reading
deal,' which was consummated the following day by the aoquisitiou
of a like lease from the Central Railroad Company of New Jersey.
Whatever purpose was in the mind ot the Reading dirtotors when they
acquired the Lehigh Valley lease we discover no evidence that the
Lehigh Valley directors participated in or even knew of that purpose.
These two allegations, therefore, may be dismissed without further

...»
'

consideration.
" It ia significant that

all

the stoekholders of the

company

as far as

h«ard from are satisfied with the lease except the complainants and
Mr. Arnot, who, together, own but 255 shares of stock out of a grand
total of 800,000 shares. Still further, it is now nearly six months
since the lease wasmade, and the stock has steadily advanced in price
ever since and is still advancing. Here, then, we have the anomaly of
a set of complainants without a grievance asserting a doubtful right
and asking for an injunction that would do th»m no good, while it
would work incalculable Injury not only to the defendants but to the
public by the Interruption of the travel and transportation on all the
unes of the Reading system. To grantan injunction undersuoh circumstances would be to invite revolution, or rather it would li« to inaugurate revolution by ourselves leading the way in showing contempt for
the authority of the law. The present motion must, therefore, be dis-

missed."

—

Manhattan Elevated. For the quarter and year ending
June 30 results were as follows, as reported to the New York
State Commissioners
^Quar.end.Juue 30.-^
1891.

eross earnings
Operating expenses

2,54.'>,263

Neteamlngg
Other income
Total......
lat.,

taxes and rentals

Surplus

1892.

^Year

end.

1890-91.

JmieSO.1891-92.

1,287,(568

2,773,499
1,420,681

9,846,70910,695 978
4,975,141 5l425;347

1,257,595
35,000

1,352,817
35,000

4,871,568
113,000

5,270.631

1,292.595
600,547

1,387,817
605,428

41934,^68
2,387,981

sjioiisi
2,414,916

692,048

732,389

2,586,587

2,995,715

140,000

Macon & Northern,—Kiernan's reports that the bondholders of the Macon & Northern Railroad Company met in Baltimore on August 1, at the offices of Alexander Brown & Sons

to consider the pending application for the appointment
ot a
receiver of that company.
large majority of the bonds was
represented.
committee was appointed to represent the
interests of the bondholders and to take such action as
may
be necessary for their protection. The committee consists
of
W. G. Bowdoin, Skipwith Wilner, F. M. Colston and E. Van
Nes*.

A

A

Mutual Gas (Chicago).— The Mutual Fuel Gas Co., of Chicago, a competitor of Chicago Gas, has called a meeting
for
August 89 to increase its capital stock from $500,000 to $5 000
000, with a view of making exteniions. The list ot
stock-

company has

as yet elected

permanent

officers,

the following

ticket is said to be tlie one to be adopted President, HenryBurns, of the Robert Graves Company, 483 Fifth Avenue
Vice-President, S. A. Maxwell, of Chicago ; Secretary. J. J.
Lindsay, of Brooklyn ; Treasurer, William H. Mairs, of Brooklyn.
'The directors ot the company are Charles B. Stout,
:

James Y. Corey, John W. D. Dobler, Frederick Keim, Sidney
S. Nicholas, Rudolph Eusler, G. 8. Warren, Edward E.
Barnes, Alfred Dahme, all of this city Clark J. Bush, of
Brooklyn Edwin D. Merriam, of M»unt Vernon, and Robert
;

;

W.

Mcintosh, of Elizabeth, N. J."
Phlla. Reading & New England. The Phila. Press, Aug.
3, said: "Interest began to accrue yesterday on the Philadelphia Reading & New England Railroad first mortgage bonds.
These bonds will be issued this month in exchange for the
Poughkeepsie Bridge and Central New England & Western
bonds. The Dutchess County Raih'oad first mortgage bonds
are guaranteed by this new company and the bonds will be
listed at the Stock Exchange at an early day."
Richmond & West Point Terminal.—Default was made in
the payment of interest on the sixes due August 1. At a
meeting ot security holders of the Richmond Terminal Co.,
held at 45 Broadway, Messrs. Thompson Dean, Albert B.
Boardman and Charles P. Huntington were appointed a committee, with power to add to their number, "for the purpose
of removing the obstacles which now stand in the way of a
fair and equitable reorganization of the Richmond
West
Point Terminal Railway
Warehouse Company and its constituent corporations, and to this end to employ attorneys and
to take all necessary steps to secure the appointment of permanent receivers, who will be in the interest of no clique o»
faction in said companies."
Mr. Wm. E. Strong, chairman of the Richmond Terminal
sub-committee, appointed George Coppell, Thomas L, Manson and H. B. Plant as a committee to look after t'ne interests
of the Terminal 5 per cent bondholders, and William L. Bull,
William H. Goadby and Cyrus J. Lawrence a committee for
the 6 per cent bondholders.
Wabash.- At Indianapolis on the 80th ult., in the U. S.
Circuit Court, the decision of Judge Gresham in the matter
of the old Compton suit was filed. In the report of the purchasing committee of the Wabash St. Louis & Pacific, pages
16 and 17, may be found a history of this suit, which was begun about 1883. President Ashley states, in reference to the
decree just filed, that it was the result of a decision rendered
in the United States Circuit Court some time since and simply
amounts to giving Compton the right to redeem the 241 miles
of road from Toledo, Ohio, to the State line of Indiana by depositing in Court the amount of tlie old first and second mortgages thereon with interest and taxes since 1889— footing up
an aggregate of about $11,000,000. If Compton, within 90
days, deposits this sum in Court and the Wabash Railroad
Company does not pay the Compton debt of $339,000 within
60 days from the time of that deposit, then the Court will
order sale of the 341 miles of road after 90 days' notice. That
is to say, if Compton elects to pay $11,000,000 he can buy the
road unless the Wabash Company should pay his debt and
unless others bid more than the sum named.
Either
party can appeal from this decision. As .the Wabash Company managers state that they can duplicate the line for
about one-halt of the sum required from Compton they do not.
feel any anxiety in the case.

—

&

—

&

AuODOT

THE GHBONIGLR

18B8.]

6,

CHICAGO

&.

NORTH WESTERN RAILWAY
COMPANY.

ANNUAL REPORT FOR THE THIRTY-THIRD FISCAL
YEAR ENDING MAY 31, 1892.
The following report of the business and
cago

&

affairs of the Chilast fiscal
1892, covers the opL-rations of 4,27307

North WcBlern Railway Company far the

year, endinfj; May !Jlst,
North Western
niilee of railroad, embracing the Chicago
8,084'80 miles,
Railway pro]>er of
and the following
Liner:
Prophiktary
723-93 lullen,
Dakota Centrnl Knllway
448-48
"
WinonaASt. Pclcr Kftflroad
16-06
"
1,189-47 mtlos,
Princeton A Wi'stern Railway

&

4,278-07

Total

"

being the same mileage as at the beginning of the

Of

this

amount

593-97 miles are in the State of

fiscal year.
Illinois ; 946-5.')

Wisconsin 396-55 in Michigan; 1,16312 in Iowa; 414-47
744*13 in South Dakota, and 14*38 miles in
Minnesota
North Dakota.
in
in

:

;

S7,298,88014
25
14

22,788,422
419,339
655,02»
260,559

being an increase of $229,981 over the amount paid in th«
preceding year; this increase is accounted for by tlie dividend
declared upon the common stock given in exchange for Milwaukee Lake Shore & Wettern Railway stock since December
last, and by a small amount of dividend which accrued upon
stock issueia for conver<iion of bonds.

CAPITAL STOCK.
Capital stock was increasad but $8,000 during the year
arising from convertiion of bonds, of which $1,500 was common
stock and $1,500 preferred stock.
comparative statemeQt is as follows:
May 81,1892.
Total Stock—
Uai/31. 1891.
Common Stock and Sorip
$41,380,365 97
$41,344,865 97
22,336,954 66
22.335,454 66
Preferred Stock and Scrip

A

Total

&

COMMON

88

OPERATING EXPENSES AND CHARGES.

Amount outstanding per

$31,377,«27 »2
for

Milwaukee

& Western Railway stock. $7,676,555
Loss amount to be used after May 31,
Lake Shore

Operating Eiiieniieg (Smjoo per cent).. $19,408,275 89
928,102 47
(2 Mjoo per cent)

Net Earnings
?11,085,838 65
Intereston bonds
$6,072,959 95
Ze»» Orcdil*. viz.;
Am't from Int. & Exchange. .$48,735 93
Amount from Inre^tments... 269,000 00

55

13,182 26

1892
20,336,4.18 S6

Amount issued

Common

for con version of

bonds

Stock outstanding

held In the Company's treasury, Includlag
$13,182 25 reserved for exchange of Milwaukee
Lake Shore & Western stock

7,662,373 30
1,500 00
$39,041,201 22

Amount

Total

Common Stock

2 ,345.164 75
$41,386,365 07

PREFERRED STOCK.

317,735 93
6,765,224 02

From whioh were paid sundry Sinking Funds am'Jng to

STOCK.

Annual Report, on May

last

31.1891

Amount appropriated

Taxes

$5,830,609 63
41 0,42

>

Amount outstanding
Amount held by the Company

$22,834,670 00
2,284 56

Total Preferred Stock

$22.336 ,954 56

00

$4,920,184 63
3,675,735 00

Balance, Net

is

the following statements:

60
$31,422,272 01

Leaving
Deduct Dividends

$63,720,320 58

$63.723,320 53

.

$10,009,822 61 of capital stock formerly held in the company's treasury, consisting of $2,284 S6 of
preferred stock and $10,007,538 05 of common stock. Oat of
this common stock there was appropriated, in December last,
$7,675,555 66 for the acquirement of Milwaukee Lake Shore
Western Railway stock and $7,662,873 30 had basn transferred and delivered for this purpose up to the cloie of the
fiscal year, leaving a balance of $13,182 25, which will be used
Westto take up the remnant of Milwaukee Lake Shore
ern stock after May 31«t, 1892.
made
changes
in
capital
stock
shonrn
in
The
account are

Included in this total

*

OROSB EARNINGS.
Pa»senK«" Earnings
Freight Earnings
ExprosK KiimingB
Mail Enrmnir*
Hlsoellaucoufi Earninga

217

$1,244,440 63

SUMMARY.
Common

.'ilock.

Ameuutontstaudlng.$39,041,201 22

Amount

rreferred Stock.

$22,334,670 00

Total.

$61,375,87122

held for ex-

change of M. L.

8.

&Wn.9tock
Amount owned by the
Company

13,18225
13,132 2»
This result is exclusive of the operations of the Fremont
2.331,982 50
2,284 56
2,834,267 06
Elkhorn & Missouri Valley and the Sioux City & Pacific railroads, the statements of which will be found in the concluding
Total
$41,388,365 97 $22,336.954 56 $63,723,320£8
pages of this report.
This Company, in common with other railroads and lines of
FUNDED DEBT.
transiwrtation, "has participated in the general improvement
To provide for the payment of $1,411,000 of seven per cent
which resulted from the favorable conditions that were
in three lots, at various dates, on ths Iowa
largely produced by the bountiful crops of last year, and has bonds maturing
performed a greater service than ever before in its history, lines, a new first mortgage was executed on April 1st, 1891,
with operations that have been accomplished by large addi- bearing 4}^ per cent interest, for precisely the same amount
tions to itd rolling stock, by enlargement of track and terminal of bonds, secured upon 70 87-100 miles of the Maple River
division of the line in Iowa, and running ten years
$700,facilities anii by an increase in workini{*expenses.
The improvement in receipts afforded by the.se additional facilities 000 of these bonds were issued and sold during the year and
and capital outlays extended to all classes of traffic, as U $700,000 of Cedar Rapids & Missouri River first division first
shown by a comparision of earnings with those of the preced- mortgage 7 per cent bonds were paid and canceled. The
balance of the issue wUI be used as required to take up
ing year.
Chicago Iowa
Nebraska 7 per cent bonds
$129,000 of
The relative statement is as follows:
maturing August 15th, 1893, and $58-3,000 Cedar Kapids
For 1892.
For 1891.
Increase.
Missouri River second division first
irtgage bonds, maturPassengpr Earnings.. $7.29S,8S0 14
$6,700,351 38
$598,528 76
FreUht Eiirningi
22,788,422 25
19,829.341 31
2,059,080 94 ing February 1st. 1891. The effect of this issue is to subExpress Eitrnings
419,389 14
416,925 58
2,463 56 stitute a bond with a lower rate of interest, and is a saving of
Mall Earnings
655,020 60
698,562 70
56.457 90
per cent per annum on the debt as fast as the old bands
Miscellaneous
260,559 88
248,493 44
12,066 44 2^
are retired.
Total
$31,422,272 01 $27,793,674 41 $3,628,597 60
Three Consolidated Sinking Fund Bonds, amounting te
Further comparisons of general items are given hereunder, $8,000, were also issued in place of other bonds canceled.
viz.:
Continued increase in the volume of traffic requires inGross Eamlngfi, ] 892
$31,422,272 01 creased capital expenditures to supply proportionate facilities
Gross Earnings, 1891
to
carry on the business, and in ad lition to any surplus of
27,703)674 41
net earnings expended, derived from current operations the
Increase, 130<i,ooper cent
$3,628,597 60 amount of
$2,000,000 of 30-year 6 per cent Debenture Bonds,
Operating Expenses, 1892
$19,408,275^9 described in last yesn'i annual report, has been sold and the
Operating Expenses, 1801
17,436!529 87 proceeds used for additional new equipment, extension of
double track and other important construction expenditures
Increase, ll^Ojo^per cent.
$1,071,746 52
incurred during the year.
The increase of Funded Debt from these causes was $2,703,$928,162 47
?;«!• 1891
?ao?
Taxes,
854,476 34 000, less $700,000 for Cedar Rapids & Missouri River Railroad Bonds retired, $3,000 for Peninsula Boidi canceled,
Increase, 8«2,„<, per cent.
$78,686 13
$135,000 for 6 per cent Sinking Fund Bonds of 1879 and
Net Interest on Rouls. 1892
$5,755,2 J4 0-.i §300.000 5 per cent Sinking Fund Debmtures of 1938, purMet Intcryst on Bonds, 1891
5,620,804 81 chased for the annual Sinking Fuod and canceled, leaving
Increase, 2 '-ejtK) per cent
$134,410 21 the net increase at $1,665,000.
The amount of Funded Debt on May 31«t, 1892. was
$114,235,500
'^82
$410,425
00 Same on May 31st, 1891
112,570.500
SlSS""^
E""5*'
Sinking Funds,

&

&

m

—

1891

20l|301 20

Increase, 103*«ioo per cent

?*™1"K«. 1592
vVi
Net Earnings. 1891

—

;

Increase, SaWjf^ per cent

$200,123 80

Net Increase for the year

$1,665,000

The relations of this Company's railway to the Milwaukee
$4,920/184 63 Lake Shore & Western Railway have for many years bean of
^;680;562 69
progressive impo"tance, and the geographical {.osition of the
$1,239,621 94 two properties in Wisconsin and on th« Peninsula of

The usual dividends were declared upon the common and
preferred stocks during the year, amounting to $8,675,735,

Michigan has been such as to appeal to the hi,<liest interests
of each, for the development and encouraaiojient of re
ciprocal traflSc, which found its market and outlets thro'ogh

THE CHRONICLE

218

by-.^^eaM of

^''^

Bupphea
the channf-ls of trat.sportat>»n
especially in the trans
facilities afforded by both companies
of forest products
extent
some
and
to
ore.
iron
of
rK)rtatioD
been degrowing business, common to both roads, has lines in
the main
on
points
various
at
built
up
and
Teloped
of service
Eastern and Northern Wisconsin, by co-operation
is the interest
and interchange of connectmg traffic, which it
preserve.
of both companies to foster and
Milwaukee I>ake
Forman'. vear>thesouthern terminus of the
the City of MilwauShore & Western Railway has been made in
Western tracks
kee through the use of the Chicago & North re-adj'istment
under a tracl^age contra.tt, and the time for a
during the last year.
of that arrangement was impending
entered into,
Negotiations loolting to a closer alliance were
by the
and finally closed by a proposition that was accepted
Northwestern Railway Company to take over tlie

*A

[Vol. LV.

ried was 15,337.758, against 13,616,872 in preceding year, an
increase of 1,720.886 tons, or 13 64-100 per cent, and the average rate received per ton, for each ton earned, was $1 49.
The number of tons carried one mile was 2,246,302,541,
being an incri a-e of 236,265.470 mile-tons, equal lo 15 19-100
percent. Thrre was a slight decrease ot 1-10 of one mill in
the average rate received per ton per mile, and the decrease
this
in revenue on the gross tonnage of the year, ca ised by
small fraction, was $53,553 65; the average rate received per
ton permile. including construction maierial,wiiich amounted
02-l(i0 cents in
to 224.734 tons, was 1 01-100 cents, ag linst 1
the precedino- year, and. excluding cons ruction transportathe average was 1 03-100 and 1 03-100 cents respectively.
tion,

MAINTENANCE OF TRACK.

tor repairs and renewals of track amounted to $3 421.287 07. of which $1,811,507 76 was paid for labor,
Railway
34
$695,621 96 for rail>, $583,184 01 for cr.psb-tins and $331,973
property of the Milwaukee Lake Shore & Western
which for
miscellanious track materials, tools, hand ai.d durapcars,
Coinpany by the acquirement of its stock upon terms
Credits to this account, for value of old rails taken up
etc.
were beli<-ved to be just to all parties concerned.
Lake
The conditions were that the holders of Mdwaukee stock and old track materials, amounted to $538,885, making the
their
net expenditure on track $3,882,403 07.
Shore & Western Railway stock might exchange
in the prof:ortion
The physical condition of the property in this important
for Chicago & Northwestern common stock
Western preferred department his been well kept up, and tue standard of mainof nine shares of Milwaukee Lake Shore &
stock, and
tenance steadilv improved by the laving of heavier rails to
Btoek for ten shares of Chicago & Northwestern
We.-tern common meet the larger traffic, and by the u.se of tne most approved
five shares of Milwaukee Lake Shore &
the
stock; to
and well-tested modern appliances in the renewals and repairs
stock for four vhares of Chicago & Northwestern
Western of track, bridges and roadway. 34,573 194-2,'MO ions of steel
extent of 50.000 shares of Milwaukee Lake Shore &
Shore
preferred stock and 26,500 shares of Milwaukee Lake
rails were put down during the year, and 1.487,165 cross-ties
Western common stock; making in all 76,500 shares Milwau- placed in the tra<-k.
76,for
There were 4.133 50-100 miles of steel track in use on the
kee Lake Shore & Western stock to he surrendered
755 55-100 shares Chicago & Northwestern common stock.
31»t of May last, being an increase of 184 81-100 miles laid
been
has
last,
The exchange, which began in December
during the year.
on the
EQUIPMENT.
steadily pursued, and up to the close of the fisial year,
Milwaukee
the
of
stock
Slst of May last, the entire capital
schedule of equipment shows the large increase of 1,896
The
exceptmg
taken
up
been
Lake Shore & Western Company had
cars and 12 locomotives, which were added in esci-ss of any pro122 shares, and for this bmall amount engagement for ex- vided for replac^-ments during th** vear the total number of
change had een made.
engines on May Slst wat 858 and of cars of all varieties 28,576.
The Chicago & North Western stock given for this purpose There were pur based 12 locomotive engines, 62 passenger cars,
the
in
held
stock
common
of
amount
from
the
was transferred
1,550 box cars. 2H0 platform cars, 500 iron ore car-, 3 steam pile,
Company's treasury. This transaction, now virtually com- driver cars, 2 steam shovels and one conliination excavator
interests
the
to
advantageous
prove
believed,
will,
is
it
pleted,
and wrecker car. The added equipment constructed in the
of both roads, and promote the public welfare by the practical Company's shops was 35 caboose cats. 3 mail cars and 10 milk
operthe
disposil
their
placing
at
in
the
propertit-s,
of
union
reduction in the total number ot iion ore cars apcars.
ating resources aud advantages of both Companies for the
pears in the schedule, caused by substitution ol large, double
greater econtjmv of service and despatch of business.
hoppsr, standard cars for the old styl small <ar, but the caTlie two corporations are, however, not merged by this
pacity of the equipment has been enlarged in the decreased
change of owneiship, but the affairs of each Company ia recount, in whicn i- included an addition of 500 new large cars.
spect to its organization, liabilities, operations and manageBesides these, there were 15 locomotives added for replaceni«nt are kept separate and distinct from the other, with inand 573 engines that were partially rebuilt in the shops,
dependent accounting and reports of each at the close of their ments
There were
all of which are included in operating expens.^s.
respective Sscal years.
new bos freight
ali-o purchased and charged to operating. 370
and 34b
SERVICE OF ENGINES.
cars, 30 stock cars. 300 iron ore cars and 22 fiat cars
The average number of engints in use was 848. and the cars of diflfereiit kinds were rebuilt, alio as replacements in
total service performt-d of »U kinds was 32,206,756 miles, the Company's shops.
against 29,694.524 miles with 8U engines in the preceding
The net charges in ihis line of operating expenses. fi>r reyear, an incieat^e of 2,512.282 miles, or 8 46-100 per cant; the pairs, renewals and replacements amount-d to $3,080,445 34,
passenger seivice covered 7,784,620 miles, being an increase of out of which the sum of $1,418,881 05 was paid by the Com461,261 miles, or 6 30-100 ptrcent; the freight service required pany for labor.
15,954,454 miles, an increase of 1,353,909 miles, or 9 27-100 per
The improvements constantly being made and the increase
cent; the switching service 7,261,761 miles, an increase of of new equipment upon the parent line, and its atixiliary
407,727 miles, or 5 95-100 per cent; and the miles run in gravel
proprietaiy roads, have given enhanced value to this importtrain work were 1,205,921, an increase of 289,335 miles, equal ant branch of the property, and placed it in excellent gento 31 57-100 per cent.
eral condition.
The tottil expense of this service was $5,878,968 04, being
GE.NERAL REMARKS.
$599, 531 21. or 11 36-100 per cent greater than in the previous
The great extent of the company's lines, its variety of
year; repairs cos-t 11,181,467 90; fuel $2,869,743 03. in the con- agricultural, mineral and manufacturing traffic, its movesumption of 1,289.144 tons of coal and 37,461 cords of aood; ment of live stock, forest products, mercha dise and many
$107,749 29 was expended for oil, waste and tallow, and $2,- other commodiiies, together with thegrovth of passenger
210,007 82 was paid for wages of enginemen, firemen and traflac in all the growing cities, towns and country served by
wipers.
the railroad, compel large outlays for inciease.i terminal facilThe cost per mile run was 3 67-100 cents for repairs, 7 36-100 ities, side and store tracks, depo"t enlargements, station accomcents for fuel, 33-100 of a cent for lubricants and waste, and modations, additi nal real estate, equipment of engines and
6 89-100 cents for wages of enginemen, firemen and wiuers; cars, and double-track construction on many crowded parts
total 18J^ cents, against 17 78-100 in the previous year, an inIn these resof the system, to keep pace with the business.
crease of 2 64-10(1 per cent. The average run was 24 28-100 pects the Coinpany has the past year provided for current
miles to one ton of coal or cord of wood, against 25 11-100 requirements with prudent regard to futuie needs, and
miles in preceding year, a decrease of 3 31-100 per cent.
has expended the net sum of $3,914,711 17. This includes
PASSENGER TRAFFIC.
$1,821,147 86 for new and additional equipment of engines
Receipts from this source were $7,i893,880 14, being a gain in and cars. $416,836 45 for second track. $226 650 04 for balance
comparison wiih the preceding year of $598,528 76, equal to of cost of completed roads, $771,020 18 for 86 53-100 miles new
8 93-lOu [)er cent the total number of passengers carried was road laid as side tracks, $318,756 17 for real esiats and right
con15,018,223. an increase of 1,833,394, cr 13 91-100 per cent.
Of of way. and $460,310 47 tn other items of miscellaneous
the whole numoer, 5.542,020 traveled as first class, 21,234 as struction and improvements on the vari ais lines.
Among the chief items of construction and improvement of
second class, 1.092.850 as round trip, 719,265 as excursion, and
permanent character during the ye ir were the completion of
7,642,S54. or 58 88-100 per cent as commutation passengers;
the average rate received per passenger was 49 cents, or 2 39 71-100 miles of second track between Clinton and Lowden,
cents per passenger le-is than the rate of the preceding year, and 13 59-100 mi es between Lisbon and Otis, on the main
and is equal lo a reduction of 3 93-100 per cent.
line, in Inwa, which sections were put in use between Juno
The movement of paisengers one mile was 336,878,416, and November, 1891 also 1 40-100 miles in co. tiuuation of
being an increase of 27,666,846, or 8 95-100 per cent, and the second track between South Milwaukee and Mil<vauUce, and
average rate pt-r passei ger per milo was 2 17-100 cents, being an extension of 66-100 miles fro'>i BecKer Street to storage
the same a.- for the previous year and the average distance tracks, Milwaukee, making together an addition of 55 36-100
that eacli pas^eng^^ traveled was 22 43-100 miles, or 1 02-100 miles of second track. Other comsiderable expenditures were
miles leM than the average of tha preceding year.
made for work well under way upon several sections of second track on the Milwaukee and Iowa divisions, and for
FREIGHT EARNINGS.
change of 4 3-10 miles main line in Iowa, from Jeffer son^
Freight Earnings amounted to $32,788,422 25, and were Coon Siding, to be completed next year.
"^^i
52-100
per
72
cent of the gross receipts the increase over preFreight terminals at West Chicago Shop grounds, with
Tions year in this class of earninxs was $2,9.59,0&0 94, equal to track capacity for receiving, switching and handling l.iOO
14 98-100 per cent. The whole number of tons of freight car- cars, were constructed, with the combined faciUties of a large.

Chicago

The expenditures

&

&

;

I

A

-

;

;

;

;

;

AcousT

6,

THE CHRONICLE

1802.]

now

Improvepiigine-house, coal shed^, water supplv, etc.
rxquirin^ lar<e oxoHniJilures are in pro(i;rei9 at the
"Wolls Street pisrii-tiit'T station and yard, and at otlior city
titiiliunn in L-'bicaeo and at Mil'vaukee, and many points upon
the r<)sd. Niiraerou-t bridges buildings, electric liKht apparatus, telegraph and laieriooiiiakt lienals bave been erected, and
much inL^cellaneous work acoompliahed during the year.
The opernMiig expnases were 61 77-100 per cent of groiH
carningfi, and. iiK-l uliiig taxeH, were 64 72-100 per cont; the
correepondini; ferceDla^e^^ in the previous vear, with less
earningH, were 6i 74-100 per cent and 65 81-100 per cent respectively.
The comparative results per mile of road were as follows:
Iftgi.
Intreaie1892.
5»8-'0 87
$7,3S3 56
OroM •nrnlnffs
!|!6.532 69
OperatlUK oxpt>unes and taxes.. 4,758 21
4,29t> 16
460 0*

monU

219

Commemal

Sfee

Jimes.

COMMERCIAL EPITOME.
Friday Night, Aug. 5, 1893.
Tolume of business has been of seasonable proportions,
prices being free from violent fluctuations and the transactions in many staple articles having begun to give evidence
of a more active fall trade. Crop advices from the West and
Tlie

Northwest continue of a promising character.

In several

hay gathered is reported as enormous.
The season is now far enough advanced to indicate much diga()pointment in the yield of fruits, nearly all growths of
Heteariilncs
*2,59435
$2,233 63
$300 83
The sales of lands by the land department comprised 1,238 which are greatly behind last year. Neatly all the prominent
lots and 104,400 97-100 acres, suld for the consideration of labor strikes are progressing toward settlement.
1903,837 16 on Uie u--u.il terms of a small cash payment and
The following is a comparative statement of stocks of
the balance in year y in.-lulmentB; 95,445 17-100 at-res were leading ai'ticles of merchandise
at dates given:
•old from the MinneM>ta grant at an average of $7 87 per acre;
7.S8I 80- HO acre-" from me Michigan grant at an arerage of
1892.
1892.
1891.
$2 41 per acn-. and 1,080 acres from the Wisconsin i;rantat an
Juy 1.
August 1.
Augtul 1.
average of $3 27 p-r icre. The net receipts were $563,752 03,
not includini; .-^aie.s of sundry parcels of miscellaneous lanils
not in the grants, amounting to $22. 160 18. which sum wa!i
credited to construction account. The quantity of lands in
the 8Pv.>ral t;rant.s rem lining unsold on Miy 31, \X92, was
772,967 44-100 acres, and the quantity remainina: in thegrantx

under

con'racts of sal" was 289,546 72-100 acres; total
1,063.514 16-100 acres. The amount unpaid on outstanding contrHcts on the 31st of May for lands and lota sold was
$1,404,017 31.
Appended hereto will be found the report of the land commiasioner, tanular st itements and detailed information of the
business and condition of the company, and a separate report
and tables of ihe openitions of the Trans-Missouri Lines, for
the fiscal year ending May 31rtt, 1892.
All of which is respectfully submitted.

MARVIN HUGHITT,

to«.

hhds.
bales.

bags.
bags.

ViUne, Java, i&o

mats.
hhds.
boxes.
bags, &e.
hhda.
hhda.

'iiigar...

ineett.

-^ngar

Meuuto
Molasses, foreign
Miilasaes,
Jirteg

domestic

bbls.

No.

vittt/n

...bales.
bbls.
bbls.
bbls.

Knain
Siiirltatorpentliie

r»r
aioe, E. I
Riue. domestic

bags.
pkga.
baga.
bags.

Hanlla hemp...,
imal hemp

North Westejin R.^ilway Company,
July 30th,

bbU.

robacoo, domestlo
TobiHico, foreign
Oiitfee. Rto
CX)tree. other

LlDBHed

Office of the

&

Pork
lj»nl

Saltpetre
Jute butta

President.

Chicaoo

sections the quantity of

Plour

bales.
bales.
bales.

.....

bbls.

and

sacks.

12 382

20,811
18.695
16,244
43.0-9
236,321
136.30S

21,458
62,375
20,051
41,903
89,749

16.021
17,960
41,4.'>S

317,«18
118.220
22,0C0
13,141
Non^.
039,418
None.
1,207
5,600

39,0.54
3,!'92

None.
488,410
None.
1,176
6.300
454.700
329.147
12,244
1,783
2.794
11,000
2.C00
None.
14,^i0
91,500
None.
3,656
180,600

3.1.788

39,271
7,076
None.
599,322
None.

663
15,000
439.700
138,274
19.076
2,315

297,325
15,002
2.720
2.64 !
10.81 10

402
30,000
2,100
None.
20,500
68,000
2,707
15,000
133,400

2,200
None.
13.750
90.-00
None.
3,«43
154,700

Lard on the spot has advanced sharply, but the demand haa
been slow, closing firm at 7c. for prime City, 8'05c. for prime
Western and 8'25c. for refined for the Continent. The specu-

189i!.

—

Called Bonds. The following bonds have been called for
lation in lard for future delivery has been more active at adpayment
George's Creek & Cumberland RR. Co. Car Trust Fund. vancing prices on small receipts of swine at primary points
Series
The iiolders of ihe certificates of Series -'C" are and buying by Western packers. To-day the market was
notified to present the-n at the office of the Union Trust Com- buoyant on buying by foreign " shorts" to cover contracts.
Dany, 715-719 Chest, ut Street. Philadelphia, for payment on
OAILT OLOSina FBIOBS or UUID rOTUItllS.
November 1, when in'Crest will cease. On each certiiicat*
*«(.
Ifon.
Wti
:

C—

not then matured a uri mium of one per cent will be paid for
each year of the unexpired lerm thereof.

The

Mississippi

River Bridge Company.— Bonds numbered
371 will be redeemed on Oct. 1,
r. Morgan & Co., No. 53 William Street,

8, 88, 135. '44. 171, 194 .nd

1892,

by Me-srs Cuyl

New

York.

Int- reet will

cease Oct.

1,

Union Pacific Railroad Company.—Sinking Fund bonds
numbered
337 559, 907. 1,626. 1.710, 1,983, 1,993, 2.750, 2,753, 2.755, 2,779.
2'?r?'J''^^^' *-*^^- •'*''20. 5-85s». 5.986, 6,810, 7,226. 7.4H0, 7,709
Tk^SL^'vtr*- '^•'^''O- "'I'y. 8.7x9, 9.205. 9.348, 9,891. 10,199, lOAiO,
11. 19'A 11.244. 11,320, 11,557, 12,331 13 264
?S'S?213,273. i?/V"13.381. U-«*">'
I3.3-J8. 13.390. 13,659. 1.5.597.

'••''•

have been drawn by

1

t lor

ledemption on Sept.

1,

1893.

West Jersey &

>tlantic Railroad Company.— Notice
isifiventhai ihe following numbers of honds of the $500,000
loan of 1880 hnve been diawn f..r redemption, and that they

wiU be paid

off ai par ai the office of the office of the trustees.
No«. 835 .331 (Jiiesinut Street, Philadelphia, on the 1st of Sep
tember, on which die interest will cease: 16, 30. 93, 114. 189.
.
.
.
237,274,410,423.499 $1,000 each.
Illinois Central Railroad.— Sterling five per cent sinking fund hoLds will be redeemed at par, at the offices
of
Messrs. Mort. Ill, Rose & Co., London, on the 1st day of
October next, as follows
.

.

:

9»^> I'OIS. 1.237, 1,326, 1,439,
ll9.?'rt1v?'^,'Vn2*',^i^-o"^- «®'-l-'66,
,^ •*'?-'*2,075, 2,193, 2 297 2 414
a Il7 J'1?S' X-^
i-J^!'
S • .?'*l",^'
'**• •^•'•"71. 2.687, 2.691, 2.69.5, 2.7.')5, 2.794
S'SlZ' ^•'i^'
3-397;
500 3 666 3 9^0 3 921
3
40?fi'i-nHfi-f'J.V'.^^'^-*^'.3-3954.O06.
•
'
4,086. 4,211. 4.2;h, 4, J37, 4,519, 4,546, 4,617.
'

New York Sto. h Exc ange— New Securities Listed.-The
following wt^re listed this week:
I't.\iN(;ToN A Big Saxdv RAitROAO Compaxt.wi^'h";i'";™^'"J?'
^**'" •' P".! ^' ^'
*"""•» o' 1902, stamped " »-vc».=,
InterMt .«
re
rt„/„,i?^'^
K"'"'
Quccd
to 5 p<T cout." $ ).2S2,000.
""fTi'KRN Pacific RiiLBOADCoMPANT.-An addition*!
i.^M"„'nf'«l
'>

loTinmo.'i;\'ii^,'25"l^5::s';i:oo"r'
lSm"''1,i7;''J'i'i*,"">'"~*''?J°'.'<'

flmes'Jrom'^Jmi'to'ume."'"""'*
'*!!"?'*

i(^i"'
will be
Iv^Z
•hat date.

«°"' '"""''' •'^^••^''- """""« ^"o

aildiftonal 4>a p. c

""" *1*«.2<W vottog

gold bonds of
truetecs' certl-

P ''"«« Car.— The debenture bonds due Aug.
paid off by the Farmers'

Loan

&

15

Trust Co, on

ru«>.

September delivery
Ootiiber deuvery

Pork

0.
c.

7-60

760

7-59
7-60

7-63

7

2
7-72

7-6.*

TKur.
7-86
7-87

FH.

8-05
8-08

firmer but quiet at $13-75(3$13'35 for old mess and
Cutmeats have declined and to-day a considerable line of pickled beUies, 10^131b3 average, sold at 8>2C.
is

$13-75 for prime.

Tallow

is steady at 4 5-16c.
Coffee sold with soma freedom without increasing cost
greatly, but on the whole the tone was firmer.
R o quoted at

13Jic. for No. 7;
dancT 27@27}^c.

good Oucuta

'i'i%c. and colony interior PaContracts for future delivery have been
handled with some freedom, owing to reduced croo estimates
and strong primal markets, prices advancing at times sharply.
To-day the turn is still upward and offerings moderate for ail
months. The close was firm, with sellers as follows:

Mi«
8ev)t

Got

12-600.
12-650.
12-700.

I

I

Nov
Deo
Jan

12-700.
12-75o12-75o.

Fe
1

1

«

Mob
April

12-7Ra
12-7Sa
12-75«.

Raw sugars have sold to a fair extent, but ac a small shad-*
ing on cost under necessity for realizing on landing parcels.
Prices close at 2 ll-16c. for 89 deg. teat Muscovado and 3i8C.
for 96 deg. test centrifugal. Refined sugars have t>een less active, with tone somewhat easy.
Molasses attracting more attention from distillers. Japan and green teas firm, but blacks
weak under increased offerings.
Seed leaf tobacco continues quiet, the sales for the week
amounting to 2,075 aases, as follows 600 cases 1891 crop,
Dutch, private terms; .500 cases 1801 crop, Ohio, 73/@10c.;
2(K) cases Wi-<consin, private
terms
250 ca-^es 18iK) crop,
Wisconsin, 13dil4c. ; 200 cases 1891 crop. New England
Havana, 19@36c. 135 cases 1890 crop. State Htvana. 15(*-^oc.,
and 200 cases 1890 crop, Pennsylvania- Havana, 18l^@lSc.
also 600 t^ales Havana, 63!><c.(^|l 15; and 500 bales Sumatra,
$2 50@$3 35.
Straits tin has declined to30-40c. and the speculation haa
been quiet, the sales for the week amounting to about onlyISO tons. Ingot copper is quiet and easier at 11-6-Tc. for Lake.
D<)mestic lead is a trifle steadier at 4-15c. Pi;? iron ii dull and
weak. Refined petroleum is quiet and unchanged, except for
cases, which are lower at 6-70c.; crude was uncnanged*
Crude certificates have been dull, and closed at SlJJo. bid.
Spirits turpentine is dull, weak and lower at 28^($29c.
Rosins are steady at $l-20t^$l-37i,^ for common to good
strained. Wool is fairly active and firm.
:

;

,

THE CHRONICLE.

220

[Vol, LV,

COTTON.

In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
Friday, P. M., August 5, 1892.
We add similar figures fcr
cleared, at the ports named.
The Movemknt of the Crop, as indicated by our teleKrams New York, which are prepared for our special use by Messrr.
ending
week
Carey, Yale & Lambert, 34 Beaver Street.
from the South to-night, is given below. For the
bales,
this evening the total receipts have reached 8,656
previous
the
On Shiptmard, not cleared—for
against 5,979 bales last week and 13,075 bales
Leaving
week, making the total receipts since the 1st of Sept., 1891,
Aug. 5 at—
OoaslOther
Oreal
Stock.
7,105,083 bales, against 6,907,696 bales for the same period of
1890-91 showing an increase since Sept. 1 1891 , of 197.387 balef,

StcHplt at—

Hon.

Sat.

Orleans...

Thuri.

Wed.

Tuet.

Total.

Fri.

532

227

452
26

714

834

670

396

3,293

4

2

12

2

47

Other ports....

461

23
105
9

972

Total 1892...

16,096

2,738

105
163

Total 1891...
Total 1890...

14,895
5,744

364
None.

300

Otaarleston

321

67

49

10

34

3

53

9

42

PoptKoyal,4o
Wilmington

44

23

43

56

Norfolk

9
177

37
77

West Point...

163
254
26

76

10

26

Wwp'tN'B,*o.

New York
434

248

PliUadelpVa,&o

127
168
42

XotaUtUeweek

722

1,095

1,524

616

83

140
927
75

1,648
1,093

2,015

1.397

1,903

8,656

165

282

The following shows the week's total receipts, the total since
1, 1891, and the stock to-night, compared with last year.

Sept.

ThU

Since Sep.

ThU

Week.

1,1891.

Week.

607 1,001,890
23,764
2,056,691
293,157
44,583
1,124,248
188,966
508,800
1,016
188,436
3,746
644,278
350,987
97,431
135,461
121,516
50,034
72,692

972
105
163

..

Ottarleston

..

P.Royal.ibo

Wilmington

56

Waah'tn,d(c

Norfolk

183
254
26

West Point.
HwptN.,4c

New York. ..
Boiton
Baltimore...

1,648
1,095

FUl'del'a,<tc

282

Totals

8,656 7,105,083

1,442

201
1,576

451

54

370
337
75
573

989
175

1891.

1892.

43,539
2,483,466
264,843
24,776
1,019,599
170,622
462,298
1,676
161,188
2,342
519,854
335,563
47,729
88,783
148,757
99,185
89,110

3,293

BrnnB.,&o.

Since Sep
1, 1890.

532 1,141,753

47

norlda
iavannah.

Stock.

1890-91.

1891-92.

KobUe

1

16,900

4,152

76,578
7,401

50,440
4,456

4,578

3,899

14,566

2,786

Bteeiptt at-

1892.

Galv'ston.&i
New Orleani

Mobile
Bavannah.

..

Oliarl'st'n,jH

WUm'gt'n,dM
Norfolk
W'tPolnt,4o
All others...

Xot.thtBweek

1891.

607

3,293

1,442

47
972
163
56
183
280
3,130

201

3,954

451
54
370
412
1,737

6,850

238,295
4,100
13,741
6,040

440,626

132,267
1,800
4,106
4,055
216,860

1888.

142
263
9
120

40

we

1887

871
1,544

1,665
5,340

139

14
27
10

1,695

17

643
102

2

1,529

118
299

965

1

12

2,425

201

J,419

1.010

9,915

attaint

Aumut

5.

Mxyorteito—
Brit'n. FranCi

Total

n«nt.

Week.

ertat
Britain. Franc:

a,«69

8,615

...

351

Point..

M'portNwa,&(
Hew York
Boeton

94.130
81.979

t,VH

214
100

1,119

Baltimore....

448

Plilladelp'a,Ac

Total.
Total. 1880.91.1

161.696

3,388
1,210
«,937

6,660

"»,ea)

2.U0

875

97,349

189!

Total.

807,674

40,437
649,758 !,148,630
37,866
301,839 607,04S

The

8,837

506

28,177

412,419

3,350

1,964
161

20.573
6,203

196,287
52,950

total sales for

Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary.
Low Middling
Strict Low MiddHng..

184.638
37,344

850,818
118,573
196,940

16,6o7

110,767

6,27v

37,389

187,711

7,611

27,261

214,328
10,481

784.182
288.266

163.843

2ir8,568

708

88,335

7.081

16,710 3,876.686 689,446 1,766,239
6,820^370

8.461

8.006 f.364.379 660.208 rsJBllTl .^;:,\^0>

Sat.
.yib.

Mou Tues

518
519

51s
513
6^8
6II16

6%
61116

l>
7>a

?^8
719

71316
8I16
8-8

713i8

7%

Middling Fair

t>
8=8

Fair

9

9

8
89j6
8'°16

MlddUng
Oood Middling
Strict Good Middling.

,

GULF.

Strict

5I3
5^8

512
578

-Vlb,

Low Middling...

MlddUng
Good Middling
Strict Good Middling.

6^

6%

l>
7716

7I16
7',8

779
83l8
8718

778

938

9%

8716

Middling Fair
.:

STAINED.

Sat.

aoodOrdinary

•

Strict Good Ordinary.

Vlb.

Low Middling

8l4

U^ed

57l8
5lS,e
61118

733
7=8
713i8
819
838
8I618

95l6

538
S3i
6=8
6I618
7»16

V'lS

459
514
6l8
7116

4»16
53] 6
61 16

7

5
538
614
69,6
61*16

5
53g
6I4
61016
73l6
738
71I18
71618
813

739
71118
715i6
81a
8 'a

Tli.

8 'a

Frl,

338

539

5%

5%

6i5i6
76 18

6=8
6I616
75,6

6%

l>
l>
7%
7%
8I18
l>
8h8

7!>18

7^
8;i6
8"18
878
914

878
9«4

nou Tues Wed

4»8
5I4

6%

aiddllng

6i»j6

6l6i8
73l6
738

mon Tues

Sat,

Ordinary
Strict Ordinary
Good Ordinary
Strict Good Ordinary.
Low Middling

538
6I4

7

7h6

,

ITed Tb. FrI.

5I16
5^16
66,9
659

714
7716

379
9I4

Th. Frt.
419

41a
518

519

6

6

6I616I

616i6

41s
5I9
6
6l5ia

HAREBT AND SALES.
The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows at a glance how the market closed on

same days.
SPOT HABKKT

108,796
68,802

7,900

632,465
271 835
21,687

Oontin«nt.

4,849

65.fi71

861

.

36,684

982.006 610,773
87,866
176.607 30,19;
98.947
160.030

CharlettOQ...
Wilmington...

Norfolk

79,906

3,763

S,K9

Mobile
Barannah....

Woft

Stpt.l. 1891, to Auq.5

630,360

Talaaco, &o...

Bnuuwick

from

ggiwrttd to—

Oonti

Salreiton

New Orleau.

3.600
282.545
16,351

bales.

7,270

^^""^ ending this evening reach a total
Ot 16,710 bales, of which 9,6S9 were to Great Britain to France and 7,021 to the rest of the Continent.
Below are
the exports for the week, and since September 1, 1891.

Wuk

5,750
12,000

the action taken upon the Anti-Option Bill. On Wednesday the
Liverpool market opened somewhat lower than expected, but
rates here only fell away 3.34 points, which were afterwards
recovered, and yesterday with stronger cable advices and
slightly less promising crop accounts, an advance of 4^5
points was secured. To-day the dealings were very light and
prices lower under advices of a failure in the Lincashire
spiiming trade and report of a probable strike by Mmchester
operativeB. Cotton on the spot has met with a reduced inquiry
and declin«d J^c, closing at 7*8 . for middling uplands.

Fair..

'" ''^^
,'^\^i?S^9'^^^

Oreal

7,401

354
None.
None.

1,950
4,000

Speculation in cotton has been moderate and prices lower.
final action on the Anti-Option
Bill, postponed discussion until the December session, and
the matter has thus been left in abeyance and acts as a partial
check to speculation. On Saturday, Monday and Tuesday
the Liverpool market was closed in observance of bank-holiday. During that period our market, after gaining 7 points,
made two declines of 14 and 10 points respectively under a
selling out of longs, who were disappointed over the result of

UPIiANDS.

BtoceBept.!. 7105,083 6907,696 5801,007 5509.031 5507,511
521 3.448

MaporU
trtm—

New York

66,657
16,848
4,478
14.566

52
100
None.
None.
354

—

537

1889.

201
331
35
156
5
19
111
449
112

1,576

8,656

..

.

9,921

—

3,936

6,850 6,907,696

1890.

532

Charleston.
Mobile
Norfolk

None.
52
100
None,
None.

forward delivery for the week are 499,300
For immediate delivery the total sales foot up this week
23,759bales, including 3,353 for export, 1,703 for consumption
2,880 900 for speculation, and 16,800 on contract.
Of the above
bales were to arrive. The following are the oflicial quotations
5,805
for each day of the past week July 30 to August 5.
214

In order that comparison may be made with other year,
_
give below the totals at leading; ports for six seaons.

"

Total.

viiae.

The Senate, instead of taking

Wasfa'gton.^ko

Qalveston...
ElPaso.&o.
New Orleans.

3,700
8,000

121

61

5.

None.
None.
None.
None.
None.

118

Bransw'b, Ac.

Aug.

2,887

None.
None.
None.
None.
None.
100
None.

12

Bavannah

Beeeiptt to

2,633

None.
None.
None.
None.
None.

199

1

.....

4,396

Galveston

5

Mobile
Florida

Boiton....
Baltimore

New Orleans...
Savannah

74

Qalveston
ElFaso, &o...

Hew

Fratux. Foreign

Britain.

.

,

0I.OgED.

Bat'day

Co?i-

Spec-

Con-

port.

$ump.

ul't'n

tract.

Steady

Monday Quiet
Tuesday Quiet at
Wed'day Quiet at
Thnr'd'y Quiet
Friday.. Weak
Total

SALES OF SPOT AND CONTRACT.
Ex-

497
314
200
280
176
239

1,278
is dec.
lie dec.
1

508
1,567

3.353

1,706

Saleto/
Futuret.
Total.

1,743
1,139

26,100
137,200
123,000
81,900
81,900
48,900

900 16,80022,759

499,300

9,500
4,500
2,800

9,997
6,092
3,508

280

900

Thk Sales and Prioes of Futures are shown by
following comprehensive table:

th«

AcausT «

THE CHRONICLE.

1898.]

S3g| i3s| 2id mil
I iid
»'>'»?•
a!?a»> Snsi So»B So»a
ifjis |tl| ||l| Iff.
E*
ff

"

--lis
I

iiEV
3:^

--"

1892.
Btookat Liverpool.... .bale*. 1,453.000
Stock at London
12,000

ml
»<»»9

i
i

3:
Si

>-'
I

0^

at Hambiiri;
at Bremen
at Amnterdam
at Rotterdam
at Antwerp

5,300
10d,000
24,000

FaoooS

5o>i»^

B.«rs

oOKa «®M? P

S,«r^

>5Si«s-

P

^ft.-^g

§

t-s.

644,000
3,500
80,200
8,000

300

200

800

Stock at Trieste

9,000
213,000
10,000
93,000
10,000
41,000

6,000
137,000
4,000
56,000
4,000
3,000

15,000
85,000
5,000
55,000
7,000
4,000

Total Continental atockii

708,500

490,000

258,600

213,000

Total Earopean stock!.. .. 2,173,500
Indlacottonanoat for Europe.
52,000
Amer.oott*n afloat for Europe.
.^a.ooo
is.ooo
Egypt, BrazU.Jtc. all for IC'r pe
440,626
Btook In United States ports ..
In
Interior
152,473
Stock
U. 8.
towns..
UnltedStates exports to-day.
4,459

1, ,500,000

991,600
111,000
26,000
7,000
59,155
7,277

857,000
46,000
23,000
6,000
102,014

StOokatGu.a

-IS
<6«

733,000
4,400
38,000
6,000

1889.

03«,OOO
20,000

200

Stock at MarnelUeg
Stock at Barcelona

Ja."!

4,700
34,000
22,000

18S0.
713,000
30,000

7,000
405,000
11,000
80,000
14,000
53,000

SUckatHavre

i
I

So*?

1891.

097,000
19,000

ToUl Great Britain itook. 1,165,000 1,016,000
Stock
Stock
Stock
Stock
Stock

--

gi

221

46,000
29,000
10.000
216,860
61,586
641

I

,

8,508
1,01»

1,388

Total visible supply
2,889,058 1,870,087 1,203,420 1,014,441
Of theabove, the totals of American and otlier descriptions are as folio wr i

American—

Liverpool stock
Oontlnental stocks

775,000
316,000
29,000
216,860
61,585
641

368,000
161,000
26,000
59,155

378,000
113,000
23,000
102,014

7,277
1,383

8,508

2,388,658 1,399,087

622,820

625,441

bales. 1,231,000

501,000
53.000
440,626
152,473
4,459

American alloat for Europe...
Dnited States stock
OnltedStatesluterlorstooks..
Dnited States exports to-day.
Total Am ^rloan
Matt Indian, Bratil, de.
Liverpool stock
London stock
Continental stocks
India afloat for Europe
Kfapt. Brazil, <Seo., afloat

—

Total East India, Ac

American

Total

1,91»

219,000
12,000
204.500
52,000
13,000

222.000
19.000
174,000
46,000
10,000

345,000
20,000
97,600
111,000
7,000

246,000
20,000
101,000
46,000

500,500

471,000

580,600
622,820

419,000
625,441

2,3b8,558 1,399,087

6,000

Total visible supply
2,889,058 1,861,527 1,203,420 1,044,411
4i2d.
6iii8d.
Price Mid. Upl., Liverpool....
4d.
B^d?
12i<c.
PriceMid.Upl., New York....
739c.
9Ha.
ll»iso
|^~ The imports into Continental ports this week have been
18.000 bales.

The above figures indicate an increase in the cotton in sight
Co-night of 1,018,971 bales as compared with the same dato
of 1891, an increase of l.OS'i, 638 bales as compared with tha
ooxresponding date of 1890 and an increase of 1,844,617 balea
as

compared with

1889.

At the Interior Townb
for the

the

movement— that is the receipi.*

week, and since September

1,

the shipments for tna

week and the stocks to-night, and the same items for th«
corresponding period of 1890-91
fo'iowing statement.

—

out ia detail in the

is set

MMo
t>

a

fi

— 1 *
-

;

S-fco

o

>

-

H

a?-

p1

-

o~o«PEi o

P;

SS! 8:

."Pi t:
tp

00

Olio;

wj

,

:
.

i

.

l3

COtSO; ^IM
,.
»OtOCI-'j<^

CO tU
W -1 M W I- 50 M M OC
W 03 U 00 -^ O M <J ( ^ (0 tP OS -O QO
M 0: to W^« O W W W *.*! rffcp^O
(O gt tv OC O M^
M QDCC O O; OS ^<C ^I
<i ic ^1 u cc c M X c M M a CO
x *. c ^- O' w *j oi ^ 'I c. b3 a. —

0«

1^.

1-"

*».

CJ'

I*.

(*-.

-'I

•*!

cr.

CMOJClvW-qaODr-W^OC. C:*'CCr-OW5Ci-'C>:QCOai«CtO^O'.0
;

;

M

13 a;
8 l^M.

;

otcoMOff-Mato!

MM

,

•

MM;

;

cw

MW;

o«;

<IMKMOC;sI

MM

00

omIcIom^m*

K M 00

a, <D o
VOSKMCUtO

QcaaDC;'Oc^icocc<K]cco*-:

oiMOi CM-^oscoi Mi^cci^oca.cnMa:Moa:

;

:

:

;

.

•

»

M

j^M'^i^*-';

bsos^W:

CO,
QD*

t*

O^-tf^-OMWO'^W' M.

OO!*-*:
MCOc;i? ocnc«ccii>>:

I
!

CO

CO

w

:

m

:

(cwm

•

•

•

aot; MOD^; •oi^i»^ cd; m; o:
M<0* QOOM* MabSODCOOa. 00* 0>
030>

to

•
:
•

M

•^i

mvi

co

oiacoioeMMct

MMM-qCOOM

^

1-1

if

Id

•qi^ifc.COOUUOSMCO&3i-')&cctO<£MUCOA*gCDMCCi*kMCCi*>ODQCOft

ppDppw*. cxpxx xc;oi_^-'Ca'Ci — cox wooccac mwccm-jos

M'-'^r*-' MX CTXcco'**--'ubi^iM«at*fcorT^
Cft^^^o•^o^oxtO(J:o:ooDXClCC-Jtc®^c*^<OCJOl#k|^«-CpaO'^
o o o M CO a o o 00 a -^ 01 cc CO cci^ M 1^ -^ Qo -^ M M M 1^ at CO M a» 00 00 o

MiocoxbioV X

* iDoludes sales In September, 1891, for September, 10,600; September-Ootober, for October. 311.300; September- \overabor. for Noveml>er,619,000; Septombor-December, for December. 1,067,300; Soptoraber-Janiiary, tor J.»nu^ry. 3.i);»7.200; Soptoraber-Fobruary, for t'ebra»ry. l,73!),8i)0; Soptoraber-Maroli. for MarcU, 3,022,100; SeptemberApril, for April, l,.i07.200;
SRptember-MaT, for May, 3,313,200;
8ep*embor-Jiiiio, for June, 2,292,S00.

o»m:

^a>l 0300^; coco*>osm: -q«»oc;<!
OOOi MOM< COOUi^OO* CD*400*

The (olio wing exchanges have been made during the week:
•16 pd. to oxcb. 100 Atiff. for Oct.
•20 p«l. to exch. 100 Jan. for Mch.
•30 pd. to exch. 100 Oct. for Jan.
•10 fd. to oxch. 100 Deo. for Jan.

|

|

|

-12 pd. to
-ll pd. to
-1 1 pd. to
-23 pd. to

exoh.
exch.
exch.
exoh.

UMM M«

700 Sept. tor Oct.
700 Sep. for Oct.

MC^MM-qi^OOWO*
CCC00)Mts'(0l^OM|

OSCOilatOCN^lMCD^)!

100 Oct. for Nov.
Au»5. for Nov.

200

*

Thk VisiblbSdpplt of Cotton to-night, as made up by cabl«
*nd tolegraphis aa follows. The Continental stocks, sis well aa
those for Great Britain and the afloat are this week's returns,
•nd consequently all the European figures are brought down
to Thursday evening.
But to make the totals the complete
ngures for to-night (Aug. 5), we add the item of exports from
we United States, includ>t>« in it the exports of Friday only.

t

I

I

>3Mix~M^o><o:

00
01,

boVj

OS-

CCt«0'tf^*^CC*CO<t^'

i^i^i^~^~~fju'^t-v\^w-,
d**toM-jQcoMCi^;

:
;

to^iwVos*

cooa*;©

-CaOMQO

Louisville tigures "net" in botli years.
This year's tlgures estimated.
Actual count.
t

The above totals show that the interior siocKs have decreoMcl
diuing the week 3,031 bales, and are to-night 90,387 balM
more than at the same period last year. The receipts at all the
towns have been Vi2 bales less than the same week laM
year, and since Sept. 1 they are 131,819 bales more than for (b)
same time in 1890-91.

THE CHRONICLR

222

MARMT8.Q00TAT1OM8 FOB MlDDLINQ COTTON .^^ PTHEB
at S"'""
Befow we <ive cKwmg ,aocatioaa of mid.UiQj. cotton
of the weeK
«rn and other oriii<ni»Hl oottoa ni»rketa for each day
IfMJfe

OLOSWO H0UT4TlOira FOB MIPDLIMa OOTTOM OH-

tndine

Batur.

SalTWton

Orleans
•V
Mobile

flkvuinah..

7%

Olimrleatan.

fuej.

Wednu.

7>«
7'i«
73l6

7>«
7»i«
7')S
7»io
7«e
6'8

7>8
718
7>16

718
7'«
7»18

7li«
7>8

7S18

7i«
6'8
7»16

7^

73l8
7>a

TH»

7'.«

WUmlneton

6'8

Horfolk
Baltimore.

7»i

PhUadelpbla
Aogaata
.

Memphis
St.

Lonla

7'4
7»1B
7«H
7H)

.
.

Otooiunatl
LoaUvllle.

The

7'a
7'*
7^8
7'«
7-4
7»i«

7««
7»8
7^8

.1>8

7»a
7ht

I'lltle
I

7
e-*

Knck

7I4

714

7»,a
7«8
7'«

2i«
7S8

6''g

....

.Mimtifomery.
Nashville

6H

.

73i«
738
758

7a7»8

Southern mark«t» w«re aH follows:
6''8

7

7''9

closuii? .lui.caiuiiw co-day (Friday) at

Atlmnta
Oolombas, Oa.
Oolombaa, Mis*

7%

7®7'8

7»8

7%
7H
7i«

7>«

TAMr».

7'i«
738
7=8
7'8

7»i(j

Boaton

Fri.

Hon.

7^4
616,3

7%
7
IM,
73i«
7=8
7J3

7>«

other important

Newberry

O'-'ie

Ralelgli

718
6^8

Selma

Slueveport.... B^a
6'* Natchez
afaala
BucEiPTS Fbom thf PLANTATIONS.— The following table
indicates the actua moveinent each week from the plantation.-..
The flgure» do not include overland receipts nor Southeri
I

I

eonsumption: they are simply a statement of the weeklj
moTement from the plantations of that part of the crop whicl
flnally reachiw the market through the outports.

WUk

InUrior Townt. Ree'pttfTom PlanVnt

Rr-ct\pl» at the fort$. St'fcot

Mnimt-

ISM.

IK91.

189S.

1800.

1

1801.

1

1892.

KUJ

1

e.«i

13.433

18.471

18.815]l03..^7^; 182.82*

-

8

1.077

S.907
11.17a

H.874

15.911

"

16
»....

"
" «»....
Aag. 8

2,AB2
S..SM

1890.

1891.

988

1892.

6,168

6.190

9<.8t5 174.614

1.79J

U.S61 86.877 166.696
«.*W 12.076 lO.Ui 71.783 169.289

1,232

7,001

6U.676 116.507

79
766

2,213

2.197

1.700

5.622

18.176

i.6M

7.H80

6.D79

7,930

1.418

e,850'

8.«6«l

7.2-7] 81.688 162.173

The above 4CHt«m»int shows:

—That

7.82f

6,688

total receipts from
the planUitioiiH .<iiice September 1, 1891, are 7,201,627 bales; ir
1800-91 were 6.954.712 bales: in 1889-90 were 5,794,723 bales.
8,
ThHi. 4Uliimt;h the receipts at the outports the past week
were 8,6.58 hulfn. the actual movement from plantations wat
ooijr 5,6i3 bnlHs, che balance being taken from the stocks at
the interior towas. Last year the receipts from the plantation:
for the 'xtvV <ni^T<^
,760 bales and for 1890 they
1.

cfte

—

wen

766 bales

OVXRLANn MOVK.HEMT FOR THK WKEK AND SINCE SEPT. 1,'Statement showing the overland movemeni
tor the week and .lince tieptember 1. As the returns reach ut
by telegraph late Friday night it is impossible to enter sc

We give below H

largely into detail as in our regular monthly report, but al)
the principal matters of interest are given.
This weeklj
publication is of course supplementary to the more extended
monthly rtiatenients. The results for the week ending Aug. 5
and since Sept. t in the last two years are as follows:

[Vol, LV.

Wbathkb Reports by Telbqbaph.— Advices

to us

this

evening by telegraph indicate that the rainfall h.^s as a rule
been light and the temperature high during th« week. Moisture is needed in some sections of Texas and elsewhere.
Picking is under way in the earlier sections.
&alveston, Texas.— It has been showery on tliree days of
the week, the rainfall reaching twenty-seven hundredths of
an inch. Ninety-five bales new cotton received this week,
makmg 100 bales to date. The thermometer has averaged 82,
the highest being 90 and the lowest 75. During the month of
July the rainfall reached one inch and fifty hundredths
have had splendid rains on two day,
Mi/esttne, Texas.
of the week, and crops are fine. The rainfall reached one
inch and seventy-three hundredths. The therrai)meter has
averaged 81, ranging from 66 to 96. Rainfall for the month
of July, one inch and ninety hundredths.
HuntsviUe, Texas Crops are splendid. "We have had magnificent rains on three days of the week, the precipitation
reaching two inches and nine hundredths. The thermometer
has ranged from 62 to 96, averaging 79. July rainfall two
inches and seventy hundredths.
Dallas, Texas. Most sections of the State have had good
rains tliis week, doing an immense amount of goo), but generally the rainfall has not been sufficient, and more is
needed, thoush actual suffering has been averted. No rain
Average thermompter 83, highest 98 and
has fallen here.
lowest 68. Rainfall for July, sixteen hundredths of an inch.
San Antonio, Texas, There have been fine rains on four
days of the week, to the extent of one inch and ninety-three
hundredths. The rain was very beneficial, but insufficient.
More is needed now. The thermometer has averaged 83^
tlie highest being 98 and the lowest 68. During July the rainfall reacned one inch and ninety-eight hundredths.
baling, Texas. It has r.iiued sple- didly on three days of
the week, just in time, and cotton revived at once. The corn
crop is made and will be abundant, and with timely showers
hereafter will make as much cotton as can ever be picked.

—We
—

—

—

—

The weather is very hot, however, and more rain will be
needed in less than a fortnight. The rainfall reached two
inches and five hundredths. The thermometer has averaged
The rainfall during the month of
79. ranging from 59 to 100.
July has been two inches and thirty hundredths.
Columbia, Texas. We have had good rains on two days of
the week and crops are splendid. The rainfall reachei fortythree hundr dths of an inch. The tnermometer has ranged
from 68 to 93, averagmg 80. During the month of July the
rainfall reached five inches and fifty-eight hundredths.
Ouero, Texas, — Picking is active. We have had rain on
three days of the week, doing much good. bur. iusatficient, the
precipitation reaching forty-nine hundredths of an inch.
Average therm imeter 84, highest 100 and lowest 68. During
the month of July the rainfall reached one inch and sixty-

—

three hundredths.
Brenham, Texas. There have been good showers on two
days of ihe week, but not enough. Corn is made, but cotton
needs moisture, especially on uplands. Picking is beginning,
he precipitation reached sixty-seven hundredths of an inch.
The thermometer has averaged 84, the highest being 100 and
the lowest 68. July rainfall one inch and sixty hundredths.
Helton, Texas.
All crops are promising. Tliere have been
splendid rains on three days of the week, doing immense
good. The precipitation reached one inch and fifty-three

—

I

1891-92.

August

1890-91.

5.

Week.

8i?ice
Sept. 1.

Since

Week.

Sept.

1.

mppeO-

vUst

l>onl8

2,22.5

VlaCair.
Via Hanullml
Via EvaimvUle
Via LoalRTlllH

277

690,434
350,272
162.324
37.803
206.937

3,430

680,805
301,317
85,262
27,345
210.052
183,272
148,3.6

339

—

hundredths.

from 62

to 98.

The thermometer has averaged 80, ranging
The rainfall during the month of July was

eighty-lour hundredths of an incii.
^' eat herford, Texas Crops are fine but would be helped
much by a goad soaking rain. It has rained lightly on one
1,047
day. The rainfall reached six hundredths of an iuch. The
Total Krusrt u verl and
4,403 1,774,183
5,251 1,636,369 thermometer has ranged from 66 to lOJ, averaging 83.
July
Dedutt iMmiiriilt—
rainfall two inches and six hundredths.
Overlauil to N. Y., Boston, 4o..
3,025 425,835
1,737
379,703
Between Interior towns
\ew Orleans, Louisiana. We have had no rain all the
136
62,861
58
112,097
Inland, Ac. from Rnutta
827 103,615
1,216
Average thermometer 82. Rainfall for July seven
111,997 week.
inches and forty-six hundredths.
Total to i>e deiliictMl.
3,988 592,344
3,011
603,797
•inreveport, Louisiana.— It has rained on three days of the
_I*»vlni; total gel overland*
419 1,181,839
2,240 1,032,572 week, the precipitation being twenty hundredths of an inch.
'Inoludinc uioveiunnt bv rail to Oanads
The thermometer has averaged 80, the highest being 95 and
The forejcoiuK siiows that the week's net overland
movement the lowest 68.
Columbus, Mississippi. It has rained during the week to
'>»'«8.aKaiMt 3.340 bales
^»^^r^!^^a^'
weekin 1891 and that for the season to date the for the same the extent of fifty-two hundredths of an inch, on one day.
aggregate n^t
overland Hihibits an increase over a year ago
The thermometer has averaged 84, ranging from 68 to 103.
of 149,267 bales
Leland, Mississippi.— There has been rain during the week
1891-92.
1890-91.
to the extent of one inch and twenty five hundredths. The
/n SU/fit aiut rtpmnerM*
thermometer has ranged from 66 to 90, averaging 79. July
lakimjit
Since
Week.
rainfall three inches.
^'^Sept. 1.
Little Rock, Arkansas.
Light rains have fallen on two days
Kecelpta at port* to Ausr. 5
8.6S6 7,105.083
',"
6,850,6,907,696
of the week and more is needed for grain and grass, but cotNetoverlanil to Ang. 5
415 1,181.83»
2,240 1,032,572
Southern ponrtiimiition *o Aiig.'s*.
ton
is
doing well enough. The rainlall reached four hun8,000 609,000
7,000 665,00<
dredths of an inch. The thermometer has averaged 78, the
Total marketed
17.071 8,895,922 16.090
In terlor stock s n fii cess'. .V." ;"
highest
being 95 and the lowest 63.
8,505,268
•3,034
96.541 •6,090
47,016
Helena, Arkansas.— It has raiued very lightly on three days
Came into niKdi iinnnir veek 14,037
of the week, the precipitation reaching thiriy-one hundredths
11,000
Total In -iKht Aug. 5... "„..;
8,992.466
Crops are improving but little and are still in bad
8,552,281 of an inch.
»orth'n i pi nuer s tm m. », Ang.
condition. The thermometer has averaged 80, ranging from
5
. 2.175.183
1.987,61.j
* Deernase daring
68 to 98. July rainfall five inches and nineteen hundredths.
week
Memphis, Tennessee.— CropB are improvmg.
had rain
on Sunday and Monday last, the precipitation reaching fiftyone hundredths of an inch. The thermometer has ranged
Irom 69-1 to 92-9, averaging 79-9. During the month of July
the rainfall reached seven inches and fifty-five hundredths.
413

Vlaanrliioati
Via other rniil«», Ac.

441

1«2,951
163.412

127
862
49
;<

—

—

—

^"u"i

4ri

—

1

i

.

We

August

6,

THE CHRONICLE

1802.]

223

— We

have had rain on one day of the
Alkxandria Reckipts and Shipmbntb.— Through arrange
and thirteen hundredths.
uents we have made with Messrs. Davies, Benachi A Co., of
tiobile, AhibiiiiKi.—CTitp io|iort8areiinchauK<'d but wenther Liverpool and Alexandria, we now receive a weekly cable of
Rain hiis fallen on six days of the ttie movements of cotum at Alexandria, Egypt. The following
is now more favnrable.
week to the e-xuntof two inches. The thermometer has hvit- «re the receipts and shipments for the past week and for the
a«ed 80, the highest heit.K AS a"d the lowest 68. Duriua tlie corresponding week of the previous two years.
month of Julv the precipitation was fourteen inches and fortyAlexantiria,
Nfisln'illf,

week.

limnrxxrr.

Julv rainfnll

five inche.s

Egypt,

three hundredths.

August

—The

weather has been fair all the
week. Roei'ip's iui-lude one bale of new crop cotton. The
thermoinf t'T has averased 81, ranginR from 72 to 92. For
the month i)f Julv the aggregate rainfall waa nine inches and

Montgmnern. Ainhama.

1891-92.

3.

3ec«ipt8 (oantart)')

Ttalaweek
Since Rept.l.

1.000
4.6B2,0<Hi

This
Since
week. Sept. 1.

fifty-six hundrt-dtli!*.

Selota,

Alabama.— Te\eiCTam not

Auburn, Alnbnmn.

— There

received.

has been rain during the week

Average
to the extent of tweutv-five hundredths of an inch.
thermometer 809. hiKbesi 93 and 1 «we3t 69.
Madixon, Ftortda. We have had a rainfall of seventy-five
Average
hundredths of an inch the past week on two days.
thermometer for tiie week 84. highest 95 and lowest 69.
Columbiu, Georgia.— Vfe have had rain on two days of the
week, the precipitation being eighty-three hundredths of an
inch. The tht-rmome'er ha:» averaged 85. ranging; frini 76 to
91,
During the mon h of July the rainfall reached seven
inches and twelve hundredths.
Savannah, GeorgUi. Rain has fallen on four days of the
week, the rainfall reaching twenty-two hundredths of an
inch. The thermometer Iihs ranged from 70 to 97, averaging
83,
For the month of July the precipitation was six inches
and thirty-seven hundredths.
Augusta, Georf/w.— Cotton has suffered from lack of moisture, but the crop is in good condition. It has rained lightly
on three days of the week, the rainfall reaching thirty-seven
hundredths of an inch. Average thermometer 83, highest 97
and lowest 71. July rainfall four inches and thirteen hundredths.
have had rain on two
Charleston, South Carolina.
days of the week, the rainfall reaching twenty-eight hundredths of an inch. The thermometer has averaged 84, tlie
highest being 9.i and the lowe.st 76. Bainfall for mouth of
July ten inches and thirty-three hundredths.
Stateburg, South Carolina. There has been rain on five
days of the w^ek, the precipitation reaching twenty-six hii'idredths of an inch. The thermometer has averaged 80-3,
ranging from 70'7 to 93'3. During the month of July the rainfall reached six mcbes and thirty hundredths.
have bad rain on two days
W't'/.'jon, North Carolina.—
of the week, the rainfall reaching seventy-live hundredths
of an inch. The thermometer has ranged from 78 to 98, aver-

—We

—

We

aging

86.

The following statement we have also received by telegrapti
ahowing the height of the rivers at the points named at 3
o'clock August 4. 1893, and August 6. 1891.
Aug.

Kew Orleans

Above low-water mark.
Above low-watermark.
Above low-water mark.
Above low-water mark.
Mxw** inw- watermark.

Memphis
Nashv-Ule
Blireveport
Vickg'niriir

India Cotton AIovbmunt
and nipments of cotton at
the week and year, bringing
BOMBAY KECEIPTS AND
Shipmcntg
Brifn.
'91-2
90-1
'9-90
'88-91

,

130

4-3

15-3

113

20

20

all Ports.

—The

Great
Britain

Conlinent.

„

IBAJia.

This
Week.

,

lotat.

5.000
6.O00

5.000 69.000 828.0001 897.000 5.000
H.OOO 1O3.0O0 917.000 1,020.000 11,000
1,483.000! 5.000
7.000 30^.000,1 UO
8.00OI378.0O0 !8-'(),0OOil,2fi4.OO0i 8.000

Great
Britain.

Oontir
nent.

Great
Britain.

Total.

Oalontta—
1891-92...
1890-91...

2,000

1,000

Continent.

U.OOO

Shict

l,734.0O«
2,029.000
•2,190 0O(

1,858 <M)0
1,

Totai.

32,000
41,000

43.00<,

12,000

22,000
30,000

13.000
23,000

35.00t
53.000

4.000
1.000

34.000
55,000

66.000
74,000

129.0OC

7,000
1.000

67.000
97.000

111,000
138.000

178 000
235 000

3,000

53.0<v

Kadras1891-92

..

,1890-91...
All others—
1891-92...
1890-91...

327.000
i'ooo 270,000

1.000 279.0OO
1,000 250.000

I.n0o!26.'5,000

Total Europe

l,00ol597,000

2,000 529.0001

2,000 423,000

A oantar Is 98 pounds
This statement shows that the receipts for the week ending
Aug. 3 were 1,000 cantars and the shipments to all Europe
l.OUO bales.

Manchester Market.

— Our report received by cable to-night

states that the market is eaav for yarns and
steady for shirtings
Spioners are considered to hold large;
stocks of yarns.
give oho prices tor co-day bel<jw and
leave those for previous weeks of this and last year for

from Manchester

We

comparison
1891.

1892.

an

32f Cop.
Twist.
d.

Jitlyl 6S8
••8 6>4
" 15 6I4

d.

®7l4

lbs.

Mid

Shirtings.
8.

®7i4 5
'a>7'i

Oott'n

5
5

" 22 63i6 ®7'« 5
" 29 65i6 «7»,8 5
Aug. 5 63ia ®7i8 15

d.

a.

Vplds

d
d.
d.
7
®79,g
4
-379,8
3'6i« 7
3i»i8 6'8 ®7<ii

d.

1 se 6
0is®6 6
0>3®6 6

R.

5
5
5
5

®6

5

ae

411B &H ai73a !5
'6^ 'SI 3a !5
41s! 4

3l6iej6% ®739

oi^ae 5

Ootfn

8'4 lbs.
Shirtings.

Twist.

d.

Mid.
Vpld<

d.

8

d.

9

®6

10

4«,(.

9
9

®ri 10

*«1S
4>a
*'l«
4'l«
4i«

@6

10

8>«®6 10
8'«a>'i

10

-»»a)6 10

Jute Butts, BAoaiNa, &c.— There has been a moderate
for bagging the past week at form-r prices. The
close to-night is at 6,>^c. for \% lb3., 7c. for 3 Ibi. and 7»^c.
for standard grades. Jute butts are quiet; quotations on the
spot are IJ-^c. for paper grades and 8)^c. for bagging qualities.
New Orleans First Dibkct Bale.— Oje bale of new
cotton was received at Ne.v Orleans, Friday, July '^9, from
Bee County, Texas. It classed striet middli'ig, and was sold
at auction on Saturday at 19 cents per pound. L ist year the
first bale was received at New Orleans on Thursday, July 30,
and also came from Texas. In 1890 the first arrival at New
Orleans from Texas was on July 29 and in 1889 on July 23.

demand

Georgia's First Bale. The first bale of cotton of the new
crop raised in Georgia was received at Savannah, Ga., on.
August 1 from Sumter County. It classed low middling, and
was sold at auction the same day at 10 cents per pound. Last
year the first Georgia bale reached Albany on July 24, or one
week earlier than in the present year, and ia 1890 the fijrst
bale was received at Albany on July 5.

Cotton.—The flrs-t bale of new Alabama
was received at Dothan on Wednesday, August 3. It
Last year
cl issed middling and sold for 10 cents per pound.
the first bale reached Selma on Thursday, August 6, or three
days later. In 1890 the first arrival was at Montgomery on
Saturday, August 2, and in 1889 Montgomery also received the
first bale on August 2.
CoMPARATiVB Port Receipts and Dailv Chop Movement.
—A comparison of the port movement by weeks is not
accurate as the weeks in different years do not end on the
same day of the month. We have consequently added to our
other standing tables a daily and monthly statement, that
the reader may constantly have beiore him the data for
seeing the exact relative movement for the years named.
The monthly movements sin<-e September 1, 1&91, and is
previous years, have been as f oIIowk

2,000

3000

4.000

100 oot

Tear Btginning 8epteml>tr 1.

1,000

Receipts.

1891.

^ept'mb'r

676,823

1890.

732,236

1889

1886

661,710

332.017

1887.
«ft*.776

1888.

359,203

week show that the movement froo Ootober..
other than IBombay is 6,000 bales more than the same Hovemb r
for the

week last year. For the whole of India, therefore, the total
rtiipments since September 1, 1891, and for the correspondiok
periods of the two previous years, are as follows:

1,532,426 1,365,231 1,325,358 1,133.016 1,213.404 1,034,490
1,376,90.4 1,145,416 1,257,5/0 1,159,063 1,178,4;hB 1.169,979
Oeoemb'r 1,215,144 1,195,083 1,116,928 1,103,713 963,58"» l,164,88e
644,681
January
665,162 859,979 700.909 718,091 527.5
.

658,8^5
376,400
251,522

535,273
427,702

May

192,89'.

June

101,161
49.852

196,018
101,834
43,962

Ptibruary

March.

BXPOBTS TO BimoPB PBOM ALL INDIA.

April
1891-92.

1890-91.

1889-90.

Shipments

Europe
from —

lo all

Bombay
All other ports.

This
week.

5.000
7,000

Since
Sept. 1.

8!>7.0O0

178 000

This
veek.

Since
Sept. 1.

6.000 1,020.000
1.000
235.000

This
week.

Hinee
Sept.

1,

7.000 1,483 000
10,000 347.000

July

..

....

298,132'

12,000 1.07ri.noo

7,000 l,265,000l 17,000 1,830 000

410,044
213,697
110,053
57,362
25,191
13,715

461,2'^1

330,510
166,571
66,31 '
18.102
19,306

341.274
225,042
128.721
131,498
72.438

56,009

404,272
258,332
89,180
47,426
17,648
14,884

7,097,149 6,900,846 5,792,487 5,507,10- 5,492.7ftJ .^,204,947
Total
Pero'tage o{ tot port
97-88
9804
99 28
reoelpU Jnlv^l.J 98-68
98 58
i

Total

32< Cop.

:

2.000
1,000

The above totals
the ports

1,000,158,000

*

Slonlhly

Ibtal all1891-92...
1890-91...

l.i

cotton

Sept. 1

Shipments since Sept,

snipineiUs for tne week.

Sept.

This
Binf
week. Sept. 1.

New Alabama

Receipt!.

1.

^<"<"-

7.000

receipts
for

Bombay have been as follows
the figures down to August 4.
SHIPMENTS FOB POCTR

week.

3,163,000

Since

—

8 4
6-5

5 7
32-4

nejU.

7"00
1,000

,

«, '91.

^•eM.

SItipmentt since Sept.

this week.

Tear Great Oonti- „

(Tkom

A iig.

4, '92.

Feet.

4,01'iiooo

ThU

SjportR (bales)—
TO Liverpool
To Continent

—

—

1889-90.

1890-91.

1

THE CHRONICLE.

224

receipts at
Thi8 statement shows that up to July 31 the
in 1890-91
than
more
bales
196,303
were
year
this
ports
ttie
in 1889-90.
and 1,804,653 bales more than at the same time
receipts since
By adding to the totals to June 30 the daily comparison
ol
that time we shall be able to reach an esaot

the

tor the different years.

movement

1890-91.

1881-92.
To. J'e SO 7,047,297
2,026
Julyl.-.

"

2....

2,210

"

8....

8.

i....

1,986
1,141
1,940
2.316
3,281
2,907

"
"
"
"
"
"
"
"

6....
6....

7....

8....
9....

8.

11....
la....

4,062
2,968
1,183
1,281
3,825
1,551

18....

"

14....

" 16.—

2,038
1,429

981
B.

987
2,104
1,410

814

875
8.

3,936
3,742
1,753
1,022
2,795

•«

16....

"

17....
18....
19....

1,566
8,163

641
8

80....
31....
92....

473
1.065
4,267

88....

466
B.

"

84....
35....
26....

1,702
1,862
1,256
1,435
1,917

1,083
1,329

8.

"

27....

"
"
"

28....

625
729

29....

1,742

80....
81....

722
B

"
••

"
"

"
«
«

"

1887-88.

1888-89,

8.

477
1,929
1,964
1,219
781

970

276
109
108
336
209
184

135
163
189
396

1,602
1,220

216
206
431
239
607
20

S.

1,129
2,628

398
887
764

2,810
1,003
B.

648

1,U1
677
63

1,994

8.

583
65
231
62

S.

1,720
1,974

1,098
1,460
8.

11,387

911
973

670
687

179

2,490

25
310

B.

406

8.

71
835
819

884

105
8-

113
593

8.

1,522
1.695
1,364
1,172
23,781
1,109

47
351
142
107
106

3,644

793
86
662
304

8.

379
953

8.

8.

760

1,579

941
631

41
8.

68

763

67
49
120

818

416
226

842
233
224
356
661
614

S.

547
41
899

8.

1,324

191
64
138
271
268

S.

584
2,122

8.

To. Ty 31 7,097,149 6,900,846 5,792,487 5,507,909 5,492,752 5,204,917
Ang.l....
1,316
1.095
646
12
774
266
" 2....
8.
1,524
230
100
650
202
" 8....
1,113
2,015
8
4
3,420
162

"

4....

"

B....

1,397
1,903

1.477
1,026;

403
253

526

8.

118

333
268

8.

Total
7,105,083 6,905,778,5,794,019 5,508.143 5,498,122 5,206,175
PeroentaKO of total
portrec'ptaAug. 5.
98-75
98 '60
99-28
98 13
97-85
.

Cotton freights the past week have been as follows:

.

This statement shows that the receipts since Sept. 1 up to
to-night are now 199,305 bales greater than they were to the
same day of the month in 1891 and 1,311,064 bales more than
they were to the same day of the month in 1890. We add to
the table the percentattes of total port receipts which had
been received to August 5 in each of the years named.

Bhippino News.—The exports of cotton from the United
per latest mail returns, have reached
? P*"* ^^^'
5o ofn u
88,883 bales. So far as the Southern ports are concerned, these
the
same exports repoi-ted
are
telegraph and published in
the Chronicle last Friday. With regard to New York
we
Delude the manifests of all vessels cleared up to Thursday.

Do

Bremen, steam. .d.

Do

Total..

Fri.

664

'64

^64

'84

'et

'ei

"ss

"aa

"ss

....

....

....

..>•

"ss

082

6ss

633

Indireot-.d.

Hambnrg.steam.d.

Do

...>

d.

Do

d.|

S32

«sa

....

...•

80*

30*
Ainet'd'm,steam.d.
d.
Indirect
d. i^M-^e*
Reval, Bteam

.-..

30*

30*

30'

30'

'84-"'64 ''84-'°e4 "Bl-^^e* »*6»-">84,"64-'''64

....

Sjg
Barcelona,Bteamd.
Qenoa. steam. ..d-Hei'^'ie Il64»3j6 Il84®3j6 Ile4'*'l8 "6l®'l8 ll04«3,g
1364®l4 |lS8ia'4 1364®'4 \'>-^(n'9^ 1364314
Trieste, steam. d 1384 O "i
.

.

7^^
Antweri*. et^am.d.l
Cents, per 100 Iba.

LiVEEPOOL.

—By cable from Liveroool we have the following

statement of the week's

sales, stocks, &c., at
Jtily 15.

July 22.

that port:
July 29.

Aug.

5.

49,000
31,000
47,000
55,000
3,000
2,000
4,000
1,000
900
2,000
4,000
3,000
44,000
48,000
28,000
43,000
7,000
10,000
12,000
8,000
47,000
51,000
49,000
40,000
1,549.000 1,524,000 1,478,000 1,453,000
Total stock— Estimated
Of wliich American—Estlm'd 1,316,000 1,295,000 1,255,000 1,231.000
10.000
23,000
32,000
40,000
Total import of the week
18,000
17,000
29,000
6,000
50,000
29,000
41.000
40,000
Amonnt afloat
40,000
20,000
29,000
25,000
Of -whlcli American
bales.
Bales of the week
Of wliloh exporters took....
Of which flpeoulators took-.

<-

The tone of the Liverpool market for spots and futures each
day of the veeek ending Aug. 5, and the daily closing prices
of spo t cotton, have been as follows:
Saturday Monday. Tuesday. Wednes. Thurtd'y. Friday.

Spot.

Market,

}

Eaier.8

1:45 F. u.(

Fair
boslneat
doing.

4

Mid.Upl'ds.
Sales

Bpec.&exp.

500

i

Qalet.

4

4

10,000

'

10,000
1,000

8,000

600

Futurei.

Market,

Easjat Stead; at
s.e4@e-84 1-61® 2-61
decUne. advance.

1

}

1:45 F. H.J

Market,
4 P.M.

Steady.

Steady.

Barely

Barely

teady.

•teady.

The opening, highest, lowest and closing prices of futures
Prices are on
at Liverpool for each day are given below.
the basis of Uplands, Low Middling clause, unless otherwise
stated:
(Saturday, Monday and Tuesday—July 30, Aug, 1 and 2—Holidays ,)
Wed., Aug. 3.
Open High Low.

Thur.., Aug. 4.
Ht9h Low.

Aug. 3.

FrI.,

Open High Lov).

Oloa.

0|>«n

d.

d.

d.

d.

d.

d.

d.

d.

d.

8 67

8 68

8 67
8 67

3 69

8 58

3 69

S69

3 69
8 60

3 57
3 69

8 69
8 62
4 01
4 03
4 06
4 09

3 69
8 62
4 01
4 01
4 06
4 09

8 67
8 57
8 69
3 59

3 67

868

3 67
3 67
3 60

3 69

Ang.-Sept.. 8 67
September.. 8 00

8 60
3 63
4 02
4 01
4 07
4 09

3 59
3 60
3 60
8 63
4 0j

3 69
3 62
4 00
4 0} 404
4 03 4 07
4 08 409

3 58 3 59
3 60 3 61
3 60 3 61
3 63 400
4 01 4 02
4 04 4 05
4 07 4 08
4 09 4 09

W

*"'**

Wedne$. Thur:

Tuet.

d.

^

'*?nSf~'''?,f'''®'P°<!j'R«''"*«a™6"Q*l"a.l77....NaroiJc!"'
2.008 ...Olympla, 342 ...Wyoming, 617
3 174
ToBrenien, perBteamersEms, 114....8aale, 100
214
Okleaks-To LIv.rp. lol, per steamer Navltrator, 2,613""
m
2 613
ToHair». i)er steamer Dupnyde Lome, 2,607
2 607
To Antwerii, i>erBteaiiic'rl)upiiy deLonie. 200
200
'"'".'"eamer Miguel M, PinlUos, 5,260 .;"::;;
5,260
«.T.^.",';''''r "?,'
Pe^.^toamer ScottUh Prlnoe, 3,008..
"?"•
3
008
KoVpm
V "^]^"i „*ir*
522^^"^^?,'''^
"'",'"'' P«'""'8amerGarrick, 175
175
'*'' "**'"®" Kansas. 401 ....Ottomaa,
^07 Samaria i
^°®
BALTiMoRE-ToLivcro^'i;";;iV8teamers"QuinVmbr&^
Kamon de Larrlnaga, 2.232
a a An
To Brpnicn. per stpaiuers Dresden, 5 "...Kartgraiie,'352
357
To Antwerp, persteamer Otranto, 276
.7.......:..„.".';;
275

Hon.

Satur.

Liverpool, steam d. 6«t®532 6g4»8sii 664® S32 6843,332
bid.-.d.
Do

Havre, steam... d.
1886-87.

,868,884 6,778,792 5,488,003 5,436,743 5,190,063
379
8.
358
201
1,641

2,164

10....

"

1889-90.

[Vol. LV.

d.

Angust

800
8ept.-Oot.
Oct.-Nov.... 8 62
NoT.-Dec... 4 01
.

Dfle.-Jan...,

103

8 60
8 60
3 68
4 01
4 01

Jan.-Fel) ... 4 06
Feb.-Moti... 4 09

106

Mcb.-Aprll. 411
April-May..

412 111 412

4 09

362
4 00
4 03

Olot.

406
108
410 412 410 412

d.

358
368
3 00
3 60
3 63

101

Olot.
d.

3 69
3 69
8 61

sei
4 00
4 02

4 04
4 07
4 0}

4 05
4 07

411 412 411

4 12

40

BREADSTUFFS.
Friday, Aug.

23,232

5,

1892.

The market for flour has been moderately active for trade
arranged in our usual brands, and prices have ruled
steady, but the low grades have
not been wanted and values are barely miiatained. Meal
Bremen A AntBarcehas been quiet, but prices have ruled quite steady in symHamVg, werp.
lona.
Total.
pathy with an improvement in corn. To-day the market for
214
3,3S8
""206
5,260
10683 flour was fairly active and steady. Meal was quiet and un-

^^^ shipments,
"^ ifJif;I?f^
°i
form, are
as follows:
lArer-

Batre.

M«wYork

3,174
2,613

K.Orleans..
Bavannali
Norfolk
t°;.««»>

Baltimore

To*^

2,607

3,008

iVs
609
4,840
'....

11,311

2,607

3,00s

175
509

357

276

671

475

5,472
8.268

23,232

changed.

The speculation in wheat has continued quiet, but prices
have advanced on reports of damage to the spring crop by hot
weather, poor harvesting returns in California and in sympathy with the strength of corn. Exporters were fair buyers
early in the week, but as the market advanced they dropped
out.
Millers, however, have been moderate buyers.
Yesterday's sales iacluded No. 1 Northern at 86!^c., delivered No.
Northern,
2
at S^^c. under September delivered, and No. 2
red winter at IJ^o. over August, delivered. To-day the market was easier, under selling by "longs" to realize profits,
and weaker foreign advices. The spot market was fairly
active for export. Sales included No. 1 Northern at 8>^c. over
August, delivered No. 3 red winter at Ic. over August, delivered, and No. 3 hard Kansas, at 6>|^c. under September deliv;

OlfngoH.Ttod."-'

-"»">'' noiveua, aB7....Aug.

2^teamer

ran AntlUU, 6.1'_.

BonoK-To T.iv;^^_ Tf;"«^l-|*^?^' Qarrlok
Bi^«t»'"?r'^V*-

^-'^'e*"'" Halifax, 100.

(additional).

351

;

ered.

AuacsT

6,

THE CHRONICLF.

1898.]

Brown and bleached cottons have been in lietter request and
the liberal movemant on account of back orders continues unchecked. All leading makes are still well sold up and under
orders for some time to come. Prices of these are ((uite firm,
and even in other makes less favorably situated buyers Cdn
make no impression on values. Exporters are still indifferent buyers for Asiatic markets, but there is a steady demand
of moderate proportions for South America, Colored cottons
in tickings and denims are well sold ahead, as are the best
makes of Southern plaids, although some of the poorer styles
Wide sheetings
of the latter are in fairly abundant supply.
are firm with a steady demand, and bleached and dyed cambrics are well held at the late advance, although the buying is
not so free. Business in other descriptions, such as cotton
flannels, fancy shirtings, silesias and linings, corset jeans and
satteens has been fair without particular feature. Prints have
moved freely out of the hands of jobbers and agents are waiting for the re-orders likely to result from this movement.
Ginghams are quiet at first hands, but have done better with
jobbers than some of them were counting upon. Print cloths
have been in smaller request this week than for some time
past, but the market rules as firm as ever at -SJ^c. for 94
squares and 9}4c. for 56(g 60s,

OLOBIMO FRIOKS OF NO. 3 R»D WIHTBR WHIAT.
*W.
Wtd.
TKur:
TueM.
Hon.
Sat.
83>9
83 >4
83M
83
83H
82^
o.
8414
84 «
84 M
SS^g
8*>
0. 83<>8
8' 38
84'r«
%S^
86 >«
85 •'8
84'8
0.
Ootobt-r delivery
88 '4
88 <e
87'9
87 !H
880a
88H
o.
Deoember delivery
93
92"9
93%
92>4
92\
92
delivery
o.
May, 189?,
values
have
Indian corn futures have been fairly active, and
i he spot
steadily advanced on unfavorable crop accounts,
market has been quiet, the advance in prices checking the demand. Yesterday's sales included No. 3 mixed at 6lc. delivered, No. 3 white to arrive at OOJ^c. delivered, and yellow to
arrive at 58c. in elevator. To-day the market was irregular;
August was higher on buying by shorts to cover contract-i,
but other months were lower, with longs selling to realize.
The spot market was firmer but quiet; No. 3 mixed sold at
62o. delivered.
OAILT OLOBIMQ PBICBS Or HO. 2 MIXED OOBN.
Thur$.
Fri.
Wed.
Tua.
Hon.
Sal.
5G>«
57:^
Sft'a
.55%
58
o.
AuKiist delivery
55!|i
Sfi'e
55>9
54»«
54%
56%
54»«
8epi ember delivery
o.
64''8
54^8
6638
55%
o.
5iH
October delivery

DAaT

AufHUit ilellvery
8«i>t«iut<ttr (U'llvery

5m

SIJ*
SH*
5i»a
63»»
December delivery
o.
Oats have been moderately active and prices have advanced
sharply on disappointing threshing returns and a small crop
movement. To-day the market was easier under selling by
"long?," who were disposed to take their profits.
DJkJLT OLOBINO FRIOKS OF HO. 2 MIXKD OATS.
Fri.
Tkurt.
Wed.
Hon.
Tuet.
Sat.

Axumtt delivery
Beptember delivery

o.

October delivery

o

o.

35«8

36%
36%

SS^s

35

35'fl

37

37i«
37>«

38^8

37%

39»8

Stock of Print Cloths -

Held by Providence manufacturers.
Fall River manufacturers
Outside speculators

3858
38^8
38»8

38''8

Boperflne
Extra, No. 2
Extra, No. 1
Clears
StralKhts
Patent, spring

[Wbeat

185a

*4 25»$4 70
4 35 » 4 50

00 Patent, winter

aty mills

2 30

2 10a 2 60
2 fiSa 3 30
3 10» 4 00

Rye

extras

Sour, superllne..

Fine
Corn meal—
Western.Ac

4109 430
4 3oa 175

flour In saoha sells at prices

3^53

.»
^

2 80

»

3 90

Brandywlne..
3 23
below tbose for barrels.]

Com, per bash.

0.

.'4
75 9 39
West'n mixed
Re<l wlnterNo.2.. 83>«» 85
Steamer No 2...... ..
Keil winter
West'n yellow
57
75 a 88
Wblte
Western white.... 59
78 ® 87
Oats— Mixed.. V ba. 38 9 39 >s Rye—
While
western i>er bosh
70
39 n 4S
State and Jersey.. 70
No. 2 mixed
SS^ia 39 19
40>«3 41>s Barley— No.2West'n. ..
No. 2 white
For other tables nsaallT slveu here see page '^03.

63

60
63
76
76

,

1891.

1890.

Aug. 1.
415,000
426.000
None.

Aug. 2.
448.000
216,000
None.

None.

811,000

694,000

...

orders placed for styles not at once available for deliveries.
Spring weights have been the chief feature, and good orders
have been recorded in piece-dyed goods and in fancies in allwool and worsted makes, manufacturers generally being more
heavily engaged than at the corresponding time for several
years past. Prices are steady, several new lines of standard
makes having been opened during the week at previous season's prices.
In satinets and cotton-warp cassimeres buyers
are very discriminating, owing to the competition of lowpriced pure wool goods. Cloakings are being freely delivered
on back orders, but new bu>ines3 is moderate, and woolen
and worsted dress goods are in a similar position at first
hands, with a good business doing in them in jobbing circles.

....

3 00

OB&IN.
ATheat
Bprtn^, perbnali...

1392.

July 30.
None.
None.
None.

Domestic Woolens.— There is less animation in this department than two weeks ago, although the business done
this week has probably been larger than was transacted last
The duplicating demand for heavy-weight woolen
week.
and worsted suitings has naturally quietened down after the
late heavy Inroads upon stocks in first hands, and the liberal

rLOUB,

V bW- *l 75a?2

(est.)

Total stock (pieces)

Rye has been quiet but steady.
The followinz are closing quotations:
fine

225

Foreign Dry Goods.— Importers and agents have had a
busy week in attending to an increased number of
buyers and making deliveries of current importations.
New York, Friday, P. M., August 5, 1892.
Supplies are coming forward fairly well as a rule, but there
With the change in the weather to cooler days a consider- are complaints of delay in connection with most fancy makes
able accession to the number of buyers in the market has been of silks and fine dress goods. All dress goods in woolen and
noticeable, and although business at first hands in cotton
worsted makes are doing well and silks and ribbons are in
goods has been by no means active it compares favorably excellent request. Prices are steady to firm and the outlook
with last week's record. Buyers from all sections of tlie cheerful.
Importations of Dry Good*.
country have been seen around, and although few extensive
orders can be traced the aggregate, reached through many
5!
S
s
3
S
^
s
small to medium sized transactions, has been somewhat over
the average for the time of year. The tone of the market is
good and there is a general expression of hopefulness regardft

THE DRY GOODS TRADE.

fairly

le,

H

Week, 'suite Jan. 1

24
24
930

Inlla

....

Arabia.'.;!!'.;!"''.!

...

A««»

8,052
1,105
65,119
3,464
7,233
8,361
10,040
2,312
3,694
28.479
1,730

14
225
4U
28
629
64

W««t Indies
Masloo
Ceatral Ameriea.
Booth Amerlea...

OKitrgoun tries...
Total

—

1,984

VanoouTer.

:

i
'I
|r

|

132,589
11,890

786

8

23
166
75
1

266
23
111

527
49
1,279

'

New

li

I

\\ I.

§

B
(CM
to®
-qw

464 237 462 875

ooto-^M<i
cojo!a~i^

to

•X

Si

00 05

=

MM

ccos

^to
00

to'

coy,

owifroto

iooi»-cpa5

aoAMOCd

2 ®

°

1^ Oi CO

S

if^

aSo
^a

.•

tf
Si

— OC0«

»10<

cpTo-iOM
CQODOSI-'tO

•0

ff
|.

»0

-Ji

104,599 112,852 121.044 292.494

32,446

-aS

3
to? 2
QoX-

cocncouo
bo

*-»

lO-OJ

1.

<IH00 to

15,052

9,207

<IW

00^00 0300
m.oo

00 00

13,050

8,044

"1,935

coo

CCQO

MOD

O
d
09

C0<1

CO

b'tococoto

1^ en
t'
M -iowoeo
1*^

Ilk

«!

" s

tocccc<^
tC<l

;-IX»C

V-\
coo
Mr-

Week. Since Jan.

§1

IF-OO

1891.

I

OD-JMW.D
OOOOOKIW

*4M»WW

iC»

"toos

ro
Ot
0:

w^
bV
co^

MOlOCftiO

MO

WXC3 0SUO

!«
(0

w

eoM^kCo-j

coo

n

lOOOCOl^^

O<C0ikX<S

ioc;ipco-.i

g!to

WWMQob

cc>oa>»co
f^ocococo

c

1.

2,352

C^ Oi

«t. •sj ,(k

959
13

96,631
4,504
6,220
3,624
8,173
2,135
5,343
19,322
1.632

«

WW
01
.-J

Vo
00 to

ifc.

Ci

» W

MXX sk

'.O

QDvaocoo

gtcjcoaaco

M

QOM

149,895
12,915

ICX

CD tC —• J« Ci

m

olio

J*

2 ^

tOOiCCCO^

2,770
144,479
1,279
162,810
^ from New Incland mill points direct.
Th« value of the
York exports since January 1 hav*
b«en 16,783,475 in 1892 against |7,835,393 in 1891.

"^i^^Li^:-

;

:

2.

araat Britain ...
Ottisr luropean.
Ohlna

Cfelna, via

;

1.315

to

valued at $95,871, their destination being to the points
specified in tha table below:
1892.

I

coco

CS

ag;«!>,

to Auo.

g:
Si

a;
3:

D0MB8TIC Cotton Goods.— The exports of cotton goods
from this port for the week ending August 3 were 1,984 pack-

N»w York

PHI

i§

ing the future; but buyers are still operating with an absence
of the speculative element and in keeping with ascertained
consumptive requirements, thus following the sound principle
which carried them through late seasons of indifferent trade
without serious hurt. The improvement in the jobbing trade
has been more distinctly marked than that noted by agents
and commission houses. For the first time this season store
trade with jobbers has reached important dimensions and as
orders from salesmen on the road and customers direct have
increased also, the week's operations have been of a decidedly
encouraging character. The demand has proved general for
new season's goods and with less hunting after cheap, carriedover stocks. Agents expect to feel the effect of this shortly
in the shape of liberal re-orders, particularly for prints and
ginghams. Financial conditions as indicate! by the regularity of collections are good.

M AM
loeo

OS

H-M

*

MSI
I

>3

COXWMO

,

X

b-j'fobb
ocaceocQ

ifk-JM-JOi

wVjlo^iaD

U>C0;-Ot»
tkOx'toto

-JOIOCiir^

e

^btoV-to

.^

CD -3 00 CO CO
Ilk

rfkOiC

OlfkOWCO

I

tON-H"

-loop M

p**

I

J
I

'

OOO
oox

33

000s

or
iXO

occults

5 ~ii- B
IXXCOX
to

CffObC^tOM

.

I

a*

M

to

THE CHRONICLE.

226

[Vol. LV.

TALUATION OF PBK80NAL PEOPBBTY.

State and City DtfAPTM^i^T.

40

to

Increase.

180

tains

City

Supplement of CHROIWICLE

Nonresident

con-

Shareholders of banks
Totals
Total assessed valuation for 1892
Total assessed valuation for 1891
.'
Increase in 1892

pages published several times each year.

Invcitors' »>upplement of

CHRONICLE

pasdia of Railroad Securities) contains

160

Decrease.

$7,441,592

con-

pages published every week.

61

and

1892.

$225,742,545
19,437,107
78.180.020
$323,359,672

Resident

Commercial and Financial CHROVICL,£
State

Nonresiaent
Shareholders of banks
Totals

TERMS OF SUBSCRIPTION.
tains

1891.

$233,184,137
14,854,931
73,570,450
$321,609,518

Resident

(a Cyclo-

pages published

•Tery other month.

$4,582,176
4,609,570

_
"

1,191,746

$7,441,592
$1,828,264,275

^,785,857,338
$42,406,937

In the State and City Scpplbment (see issue of May 1893
page 51), we furnish the record of assessed valuations and tax
rate back to 1861. This record we are now able to bring down
to date by adding the figures for 1893, as follows
:

Subscription to

CHRONICLE

which includes every

for one year

issue of both

$10.00,

Personal
Yeart.

Supplkmknts.

The purpose of this State and City Department
la

to fiunish our subscribers

continuation of the State
words, with the new facts

and corrections we

with a weekly addition to and
In other

akd City Supplement.

we

shall give, the amplifications

and the municipal laws we
and City Department," we expect

shall publish,

•hall analyze in the " State

down we«kly the information contained in the
Btatx and Cmr Supplmmnt to as near the current date as
powible. Hence if every Subscriber will note in his Supplbmrr on the page designated at the head of each item a
refennce to the page where the item in the Chronicle can
b« found, he will at all times possess a complete and fresh
to bring

•yclopaedia of information respecting Municipal Debts.

1892
1891
1890
1889
1888
1887
1886
1885
1880
1875
1870
1865
1861

Real BHate.
$1,504,904,603
1,464,247,820
1,398,290,007
1,331,578,291
1,302,818,879
1,254,491,849
1,203,941,065
1,168,443,137
942,571,690
883,643,545
742,103,075
427,360,884
406,955,665

Total A>te*»ed SateofTate
Vuluation. ner$l'.000.
$18-50
f 1,828.264,27.5

Estate.

$323,359,672
321,609,518
1,785,857,338
19 00
298,688,383
19-70
1,696,978,390
272,260,822
19-50
1,603,839,113
250,623,552
22-20
1,553,442,431
253,148,814
21-60
1,507,640,663
217,027,221
22-60
1,420,968,286
202,673,866
1,371,117,003
2400
201,194,037
25-40
1,143,765,727
217,300,154
29-40
1,100,943,699
305,285,374
22-50
1,047,388,449
181,423,471
29-90
608,784,355
174,624,306
581,579,971
19'9S
Returning to the report of the Finance Committee of the
Board of Aldermen, we find that the aggregate amount of

appropriations included in the final estimate for the current
year is $35,881, 805 19.
From this, however, is deducted
$3,000,000 on account of the estimated revenues available
from the general fimd for the reduction of taxation, leaving
the amount to be collected $33,881,205 19. In reference to the
necessity of providing for deficiencies caused by insolvencies,
discounts, rebates for prompt payment, &c., the Committee say

JfEW

YORK CITY TAX RATE AND ASSESSED
VALUATION.

The Finance Committee

deficiencies,

Board of Aldermen, which
has been engaged in fixing the tax rate of the city for
1893, on
Wednesday completed its labors and made its report. The Board
of Aldermen at its next meeting on August 23 will
undoubtedly confirm the action of the Finance Committee,
and pass
*n ordinance directing that the tax be imposed in accordance
with the Committee's recommendation. This done,
the tax
of the

books will be turned over to the Receiver of Taxes,
who will
then prepare for the collection of the taxes,
which begins with
the Ist of October. The rate for the current
year fixed by the
committee is 1-85 per cent of the assessed valuation
on real

and personal property.
duction was

The

rate last year

that they have conferred with the Comptroller in regard to the
amount that will be required to provide for and meet such

was

1 -90.

The

re-

made

possible through the increase in values.
The rate on the personal estates of
corporations, joint-stock
companies and associations that are exempt from
State taxawill be fixed at 1-7 185 per
cent on the assessed valuation

^n

sum

and they have concluded

to

recommend

that the

and provided by
law, making the total amount of taxes to be imposed and
levied upon the real and personal estate subject to taxation
of $844,350 65 be added, as authorized

for 1892 $33,735,555 84.

The total amount, they say, of the assessed valuation of the
personal estate of corporations, joint-stock companies or associations doing business in the city of New York which are
found to be exempt under the law from assessment and taxation on their personal estate for " State purposes" in the year
by a detailed statement thereof on file in the
Finance Department, is $71,306,402.
The law requires a special rate of tax to be imposed upon
1892, as appears

the personal estates of corporations which are exempt from
taxation for State purposes, differing from and less than the
general tax rate upon real and personal estate subject to taxa-

tion for city and county purposes.
The report says that the assessed
The total amount of taxes to be raised in 1893 being $33,valuation of the real and
personal estates subject to taxation
amounts to $1,828 264 275 735,555 84, the rates of taxation which -will produce this sum
« net mcreaae over 1891 of $42,406,937.
are a general rate upon the valuation of real and personal esOf the total assessed valuation of
$1,838,264,275, $1,504 904 - tates subject to taxation for all city and county purposes, and
808 IS .n real estate and $323,359,672
a special rate upon the valuation of the personal estate of corin personal property
ine real estate shows an increase
of $40,65<5,783 and the per- porations exempt from taxation thereon for State purposes, as
'

'

sonal estate an increase of
$1,750,154.
we gave the assessed values of real

In our issue of July 9
by wards, showing
an increase ,n every ward over
the previous year. These
estate

ufem^here

'"^ ^'*'""''« at this juncture, and we
TiLnATION 0» BIAL BSTATB.

1^:::::::::::::

SB
9a
SS
SS

loS

^fe

1MI

48,399,920

40 37^2X8

26062900
5?'?2g'507

«l'i?M?g
:::

is*
}|S
*4lO
191k

iSS::::::
aoth.
«lrt
:;

^^

35:318590

22767ff650
13888,229

9^9?I?'^i?

B§ot5'l25.

•••••"

23017700
41713988

It-SJS'S^

qrqSSSSs

;

iMuitSo

JS

^'SfS'SSS
SJ'n?2'5?»

14'^l7-fi?n
14,347,650
26,619.392

^^^^^^
233,432,620
52.686 550

reproduce

follows:
General rate for city and county purpoBes:
Valuation, $1,756,957,873, at 1-85 per cent
Special rate for corporations:
VafuatloD. $71,306,402, at 1-7135 per cent
Total tax

,1,504,951:55^

1,-^2

l.a35 19

$33,725,555 84
that the amount to be

The Committee also go on to show
by taxation falls very consi ierably short of the limit
fixed by the Constitutional Amendment of 1884. As the assessed
valuation of the real and personal estate for the year 1892 is
$1,828,864,375, 3 per centum of this sum would be $36,565,hH'l^ 285 50. But the total
amount of the tax to be raised for city
^?'?^^
qlJ'fSS and county purposes for the year 1892, after providing for the
5800^0 principal and interest of existing
city and county debt, and
raised

»|o

mi^n
504,133
11,161,833

459

4-21

252^00

deducting also the amount of the State tax to be raised in said
year 1892, is only $34,984,851 63, as shown by the following
statement

Amount

of taxes to be raised as per
adopted Dceeml.er 31 1891

Amountadded

ll
VsOT^^
ll^fi^m

~ii^:^^.

ftual estimate,

for deficiencies

'.'.'.'.'

.'.'.

VeauetState taxes
Principal of the city debt as'per
timate for 1892
Interest on the city debt as per

tlmat* of 1892

l.*64.247,820

$32,503,720 65

Remainder

$32 881205 19
844,350 65
$33,725;555F4

$''398 504 91
fliial

Ve-

190 428 36

i
flii'ai es-

'

—

6,151,770
94
''

8.740.704 21
$'24,984.85168

August

6,

THE

1892.]

OHRONICLfc:.

227

Other bonds of the city of Cincinnati to the amount of
Tirglnla Ho uds.— Messrs. Hiiiubloton & Co., of Baltimore,
I4.O0O were to be sold on Aug. 3 1802 by the B^ard of Tru«letter
following
the
circular
their
in
SHtunlay
puWishod last
These bonds bear interest at th«
teea of the Sinking Fund.
from Mr. Hugh R. Garden, explaining the cause for the delay rate of 4 per cent.
in carrying out the funding scheme and exchanging the new
College Hill, 0.— Villag* Clerk F. R. Strong will receive
proposals until Aug. 34 1892 for the purchase of sidewalk
bonds for the old bonds.
improvement bonds, of the village of College Hill, to the
ilessm. HiimbMon A Co.. Q Smth Street, Baltimore, Md.
Gentlkmkn
My atttention has been called to a portion of amount of $12,000. The bonds will be in danominations of
your circular of Jiily 16 referring to the Virginia bonds, and $50 eacii, dat^d Sept. 1 1892 and payable Sept. 1 1912. They
of 5 per cent per annum, payable
1 write to you, unofficially, to say that it will afford me great will bear interest at the rate
pleasure at any time to give you any information in the pos- semi-annually,
session of the Committee respecting the progress of the fundCohinibns, Ohio.—(State and City Sdpplkment, page 78.)
Under the head of "Debt Changes" we give all the importing under the Act of February 20 1892.
I am glad to say that the work of verification and delivery ant facts relative to the financial condition of Columbus, and
to the State is progressing with more expedition than I dared also a full statement of its debt brought down to March 81
to expect. The State has received and verified about seventeen 1892. During the past year $776,600 ot the city's bonds were
million dollars ($17,000,000), apd I think that work should be paid off. Of these $302,600 were street improvement bonds
completed bv the middle of ^igust.
and $474,0(K) were water works bonds which matured Dec. 1
It may be proper to explain that the machinery for verifica- 1891,
The water bonds were paid by the issue of $400,000 of
tion and exchange provided in the Act of February 20 has refunding bonds and $74,000 in cash from the sinking fund.
:

—

detail work by the ComCovington, Ky.—(State and City Supplement, page 152.)
employment of a large force of expert
Proposals were received by J. T. Van Home, City clerk,
clerks, working nine hours a day for many weeks.
until July 26 1892 for the purchase of $123,000 of redemption
It is necessary to arrange the bonds and coupons by classes,
of the city of Covington. The bonds bear interest at
numbers and amounts, in convenient packages, and then pre- bonds
the rate of 4 per cent per annum, payable semi-annually, and
pare duplicate schedules, giving in consecutive order the class,
payable both prinoipal and interest at the Bank of
number and amount of each Dond and each coupon in each are
America, in New York city. The loan is dated Aug. 1 1893,
package.
will
become due Aug. 1, 1922.
Each package, with its corresponding schedule, is then sent and
to Richmond for verification, the duplicate schedule being reCresco, la.— An election will be held shortly in this place
neces-sitated

an enormous amoimt of

mittee, involving the

—

tained by the Committee.
Each package, wlien opened in

to vote

Richmond by the

State
officials, is compared with its corresponding schedule, and
then each bond and coupon is compared with the books in
the office of the Auditor and Treasurer, and its class, amount
and date verified by the books.
Each package thus verified is seiled by the State officials,
deposited in a fire-proof vault, in the joint custody of the
State and an agent of the Committee, and a receipt transmitted to the Central Trust Company in New York for the

same.

The number

of detached

very large, ranging from
takes as much time to verify a

coupons

is

on the issuance of $/,500 of additioaal school building

bonds.

Duval County, Fla.— On Aug. 8 1893 Charles H. Smith,
Secretary of the Board of Trustees of the St. Johns River Improvement win receive bids for 5}4 per cent Duval County
bonds to the amount of $175,000, maturing 20 years from their
date of issue, with the privilege of a 20-year extension. Proposals will be received for the total amount of $175,000, to be
delivered Nov. 1 1892; also for the same to be delivered as
follows:

Amount.

To be deliverett.
on Nov. 1 1892

$50,000
50,000
50,000
25,000

on Feb. 1 1893
f 1'50 to $30-00 each, and it
on April 1 1893
coupon for 51.50 as a bond of $1,000.
on
June 1 1893
As soon as not less than twenty-three million dollars ($2.3At a sale which occurred on June 13 1892 Duval Coimty
000,000) have been thus received and verified, the State will
declare the Act to have become operative and the distribution awarded $50,000 of similar bonds bearing 6 per cent interest to
the National Bank of Jacksonville at 104'10.
can be made by the Commission.
These securities are part of an authorized issue of $300,000
You will thus observe that about three-fourths 0^) of this
and they constitute the entire debt of the county. The protedious and exacting work has been performed.
There was much delay in giving the order for engraving ceeds ot their sale will be used exclusively for the purpose of
the bonds, because of the question which aro-e respecting the improving the navigation of the St. Johns River between
payment of the internal revenue tax in the United Kingdom. Jacksonville and its mouth.
The new loan will be found advertised elsewhere in this
Immediately ujwn the adjustment of that queston the Committee notified the Commissioners of the Sinking Fund, and the Department.
form of the bond and coupon was submitted to the engraving
Elkhorn, Neb.— Bonis of this precinct to the amou it of
companies for bids upon the work,the Committee agreeing to $5,000 will be issued for highway purposes.
guarantee the amount of the contract price, if made with an
Elmwood Place, 0.—Village Clerk John Kindel will reengraving con^pauy approved by it, rather than delay until the
Commisioners;were able to certify that twenty-three million ceive proposals until August 30 1893 for the purchase of sidedollars ($23,000,000) had been surrendered and the Act had be- walk bonds of the village of Elmwood Place to the amount of
come operative. Work of this kind is necessarily slow, but I $.5,000. The bonds will be dated September 1 1892, and wiU
sincerely hope that they will be able to make deliveries within
sixty (1(0) days. I may be mistaken in this. Some of our
friends think it will take twice as long.
Very truly yours,
HuQH R. Garden.

Bond Propotal* and

Negotiations.—We have

re-

ceived through the week the following notices of bonds
recently negotiated and bonds offered and to be offered for
sale.

be in denominations of $500 each, bearing interest at the rate
of 6 per cent per annum, and payable one boni each year from
one to ten years. Interest and principal will be payable at
the Grerman National Bank, Cincinnati, O.

—

Erie, Pa.— (State and City Supplement, page 67.) It is
reported that the City Council has voted to issue bonds for an
intercepting sewer.

Fern Bunk, 0.— Bids will be received by W. F. Bailey,
corporation clerk, until August 23 1892, for the purchase of
two bonds of the village of Fern Bank, O. each for the sum
of $3.10, and until Au,<ust 80 1892, for the purchase of ten
bonds of the village of Fern Bank, O., one for the sum of
$9692 and the remainder for the sum of $90 each (or less, if
part of the assessment in anticipation of which they are issued
is paid in cash.)
All of the bonds will be dated Augu.st 1
1892, at^d will bear interest at the rate of 6 per cent per
annum, payable semi annually, and both principal and interest will be payable at the Second National Bank, Cincinnati,
O. The $350 bonds will become due one on August 1 1907
and one on August 1 1912, the bond for $96*93 on August 1
1893, and the balance one bond yearly from August 1 1894 to
,

Athena, Ore.— Proposals will be received until August 15
1892 by C. W. HoUis, Chairman of the Finance Committee,
for the purchase of $10,000 of water bonds. The bonds will
be issued in denominations of $500 each, payable 20 years
from date of issue and bearing interest at the rate of 7 per
cent per annum, interest payable annually, and principal and
interest payable in gold coin at the First National Bank of
Athena. These bonds are issued under authority of an Act of
the Legislature of the State of Oregon, approved at the session
of 1891.

Auburn, Neb.— A

petition will be submitted to the City
t-j vote on issuing bonds for water

August 1 1902.
These bonds are issued for the purpose of providing a fund
Bayonne, N. J.— (State and City SmrLEMENT, page 58.)— to pay the cost and expenses of constructing sidewalks on
county
roads.
At a meeting of the Common Council of the City or Bayonne,
held Augu-it 2 l>-92, improvement bon Is of the city to the
Helena, Mon.—(.State and City Supplement, page 138.)
amount of $.50,000 were awarded to C. Zabriskiee at 10203. James B. Walker, City Treasurer, has called for payment
The loan bears interest at the rate of 5 per cent per annum $7,000 of the $8,000 7 per cent funding b m Is issued in 1833.
and matures July 1 189
There were several other bid s re- These are the first bonds that have been called in the history
Council to call an electi n
works.

'.

ceived.

Cincinnati, 0.—(State and City Supplement, page 77).—
Sealed proposals will be received by City Auditor D. W.
Brown until Aug. 27 1892 for the purchase of $450,000 of additional pavement bon Is.
The bonds will be of the denominationi of $500 each, dated Jun^ 1 1892, redeemable on or
after June I 1902, and payable June 1 1912, with interest at
the rate of 4 per cent, payable sem'-ann lally at the American
Exchange National Bank of New York City.

of the city.

Indlanapollg, Ind.—(State and City Supplement, page
The City Council of Indianapolis is considering t*ie mitter of refunding the city's bonded debt, which is at present
$1,900, .500, at a lower rate of interest.
Long Island City, N. ¥.—KState and City Supplement^
page 49 )— Bids will t>e received until August 15 1802, at tne
office of F. W. Bleckwenn, Treasurer of Ling Island City
for $60,000 of 4}^ per cent revenue bonds. The bonds are of

88).

THE CHRONICLE.

228

mU

[Vol. LV.

of New York City, until August 8 1893, for the purchase of 3 per cent registered consolidated stock known as
schoolhouse bonds, to the amount of $183,777 09. Interest will
be payable semi-annually on May 1 and November 1, and the

July 1 1892, and
the denominations of $500 each, dated
half-yearly interest
Soome due July 1 1903. They have taxes
and water rents
coupons attached, and the outstanding
additional security for tue
of the year 1890 are pledged as an

troller

principal will become due November 1 1911.
payment of principal and interest.
page
Supplement,
City
Northampton, Mass.—(State and City Supplement, page
and
(State
Milwaukee, Wis—
amount of $75,000 for the pur- 28.) It has been reported that bids received for the $75,000 of
100.) Bonds of this city to the
consideration.
4 per cent sewer bonds of the city of Northampton have been
pose of erecting an almshouse are under
in rejected. It is stated that the highest bid was that of Spencer
Mount Airy, N. C.-It was noted in the Chronicle
on May i Trask & Co which was 101-587. The loan is dated July 1
April that the City of Mount Airy would vote
water bonds. 1893 and will be payable on July 1 1903.
1892 on the proposition of issuing $30,000 of
election had been postponed
We have since stated that the when
Norwood, 0.— Mr. W. E. Wichgar, Village Clerk, will rea complete plan of the ceive proposals until August 15 1893 for the purchase of fouruntil about the first of August,
the
before
laid
would
be
coat
their
works and estimate of
teen bonds of the village of Norwood, O. Four of these
the
City Engineer Otto Kochtltzky now writes
people.
bonds are in denominations of $500 each, dated August 15
indefanitely
been
has
election
works
water
the
CmONlCLE that
1893, and payable, two on August 15 1897 and two on August
year, 1
next
"
again
up
it
have
will
we
He
says
postpcned.
15 1898, with interest at the rate of 5 per cent per annum,
presume."
payable semi-annually. The remaining ten bonds will be in
page denominations of $137 45 (or less, if part of the assessment in
Mount Vernon, N. Y.-(8tate and City Supplement were
anticipation of which tbey are issued is paid in cash), dated
60 ) Tax relief bonds of this city to the amount of $9,000
103-10.
August 13 1893 and payable, one bond yearly from August 13
sold on July 28 1893 to the Portchester Savings Bank at
The loan bears interest at the rate of 5 per cent per annum, 1893 to August 13 1903, with interest at the rate of 6 per cent
payable femi-annually at the Bank of Mount Vernon, and per annum.
matures $3,000 yearly from July 1 1893 to July 1 1895.
Rich Hill, Mo. Notice has been given to the holders of
New Castle, Ind.— The Finance Committee of New Castle school bonds numbers 1 to 18 inclusive, issued on September
of
amount
the
has been authorized to issue funding bonds to
1 1882 by the School District of the city of Rich Hill, for $500
$10,000 and dispose of them at once. The bonds will be in each, and payable 20 years after date or at the option of the
rate
the
at
interest
bear
denominations of $500 each and will
school district in 10 years, that said bonds and all interest due
of 6 per cent per annum.
thereon will be paid on presentation of the same at the LaNewport, N. Y.— A special election will be held in Newport clede Bank of St. Louis, Mo., on September 1 1892, after
which date all interest on these bonds shall cease.
to vote on the question of issumg $10,000 of bonds for the

—

—

purpose of buying a water system.

NewtoB, Mass.—(State and City Supplement, page 38.—)
City Treasurer John A. Kenrick has been authorized to issue
water loan tends to the amount of $100,000. The bonds will
bear Interest at the rate of 4 per cent per annum and the principal will mature in 1938.
New York, N. Y.—(State and City Supplement, page 50.)
Bids will be received at the office of Theo.

NEW

W.

Myers, Comp-

NEW

LOANS.

Rome, N. Y. (State and City Supplement, page 53.) K.
Putnam, City Chamberlain, notifies us that the $25,000 of
water bonds of the City of Rome were purchased on July 25
1893 by The Albany Savings Bank, as follows

S.

:

1 year

2
3

4
5

"
"

100-80 and 100-85
101-65
102-30 " 102-33
103
" lOSija
103-91

bonds at
"

"
"

"
"

"

NEW

LOANS.

LOANS.

$142,000

TONAWANDA BONDS.

5

1-2 Per

Oent Bonds

$50,000

TO BE ISSUED BY

rpHB TREASURER OF THE VILLAGE OF TON-

3

-*•

•wanda. Brie County, N. Y., will sell at the CounChamber, on North Canal Street, In the Village of
Tonawanda, N. Y.. on the 16th day of August, 1892,
at 2 o-clock In the afternoon, one hundred and fortytwo (US) bonds of the Village of Tonawanda aforesaid, each in the average sum of one thousand dollars, and bearing interest at the rate of six per cent
per annum, to the highest bidder. Sealed proposal
win be received for the purchase of said bonds on oi
before the day of sate. No bids for the purchase oi
bonds for less than par and accrued interest will btraoeiTcd or considered. The said bonds will be date(!
Aagost 1, 1882, and will be payable, 23 in each of th<?
years 180?, 1884, iBse and 1896 respectlTely; 24 li
1897, and 2a In 1808; on the Xst day of July in eaol
year hereafter for six years. Said bonds are issue<i
to secure money to pay for improving certain portions of Main, Young and Adam streets, within sail!
Tillage of Tonawanda, pursuant to an act passed bthe Legislature of the State of New York In 1882
entitled " An Act authorizing the Village of Tona
wanda, Erie County, N. v., to take lands necessary
and to lay out and improve, or alter and Improve
public parks, gronndr, street", lanes, alleys and pub
He places therein." The said Treasurer reserves the
right to reject any and all bids which may
be madi
at said sale, or to withdraw from the sale any
number of said bonds which It may by reason
of premlun
offered become unnecessary to sell.

cil

LOUIS ORUBN,
Treasurer of the Village of Tonawanda.

Duval County, Florida,

Total authorized Issue 8300, 000, to run 20 years,
with privilege of iO years, under Act of Legislature.
Validity affirmed by Supreme Court of Florida. Interest payable semi-annually in New York and
Jacksonville. Assessed value of taxable property
18,801,769, based on one-third of actual value.

NO OTHER DEBT.
$40,000 cash in treasury. Sealed bids received for
8173,000 of this issue deliverable November 1.
1882. Also bids for same to be delivered as follows,

830,000
30.000

on November 1,
ou February 1.
on April 1,
on Jane 1,

5i>,000

^3,000
No

Tbel*rgest and Safest Harbor on the

Paclffo Coast

"' a-IJwsent Agricultural Land
The BoetMaoilSoent PoresU of Timber In
the worid
Tke
natural Town Site and Water
I^ense Veins of the Best Coal In the West Front
whlcl
prodBoes a ooke equal to Pennsylvania.
Iron. Silver
iMd. OoM and other ore..
Kitensivo Quarries oi
mat iMidstone for building purposes. Valuable
In
nnnaUon oao be had of

tS!!^'!^*~
(MM

THB PAIBHATKN LAND

COIHPAMY.

FAIRHAVEN,

WASHINGTON.

JUIiY

1, 189'^.

DUE JULY

1, 191!2.

INTBRB8T PAYABLE SEMI-ANNUALLY AT

THE GALLATIN NATIONAL BANK, NEW YORK.

PRICE 103-33 AND INTEREST.

189!^

1893
1893
1893

bids considered at below par.

N.

W.

Harris

&

Co.,

BANKERS.

For further information, address

CHAS.

H. SMITH, Secretary,
JACKSONVILLE, FLA.

IN

Com

DATED

Bids opened on August 8 next, at noon, at the
Board of Trade Rooms, Jacksonville, Fla.

Mortgage Loans

be the great Manufacturing and
merclal Center beoanse It has

Refunding Bonds.

vis.:

BBLLINGHAM BAY,
If destined to

N. Y.,

John's River ImproTement.

FAIRHAVEN,
THB rUTURB METROPOLIS OF PUGET SOUND.

Cent

BUFFALO,

FOR
St.

1-2 Per

loana hare proven good.

FHANCIS SMITH

A. CO.,
BAR ANTONIO, TEXAS.

& Co.,

BANKBRS.

MUNICIPAL BONDS.
Cleweland, Oblo, Perrjr-Parne B'Id'g
Boaton, fflaaa., 51 State Street.
1 1

WaU

BOSTON.

CHICAGO.

PRINCE ttEORSE'S COCNTY, MD.,

NO COMMISSIONS charged borrower orlender nntll

New York,

WALL STREET, NEW YORK.

$80,000

TEXAS.

Lamprecht Bros.

15

Street.

S

Per Cent Bonds of 1922.

$60,000
CITY OP NASHVILLE.
4 1-2 Per Cent

TENN.,

Bonds of 1922.

FOR SALE BY

FISHER & SHAW,
4 Sontli CalTcrt Street,

BAI.1IMORE, MARTLAIfD.

AcoustB,

THE CHRONICLR

1802.]

The bonds bear interest at the rate of 4 per cent per annum,
payable January and July, and mature |10,000 yearly, be-

I

I

on August 1, 1898.
Sundusky, Ohio.—(Stath and CitySupplembnt, patfe 83.)
The following is a list of Ihe bids received on July 80 1892 for
the 5 per cent dock and wharf iiuprovemBnt bonds of the
City of Sandusky to the amount of $75,000, maturing at the
rate of $2,000 yearly from August 1 1897 to August 1 1911,
and then at tlie rate of $3,000 yearly from August 1 1913 to
August 1 1926. This statement is sent us by Mr. A. W. Miller,
City Clei k of Sandusky.

ginning;

Name.
Ijiniprecht

E.

Superior, Wis.—{State and City Supplement, page 100.)
Five per cent gold bonds of the city of Superior to the amount
of

50
50
25
50
00
57
77,62 00

Gay A Stanwood,

Mass

of Bontoii,

SeasoDffood A Msy<^r, of Ciuolunatl, Obio
Eanliable Mort«mge Co., of Now York City
E. H. RolUiis & Sons, of Chicago, 111
epltzcr .t Co., of Toledo, Ohio
tliiiil Natioual Bank of SandUBky, Ohio
Fhtsou, I.eaeh 4 Co., of Chicago, lU
SpencerTraak A Co., of Boston, Mass

Salt

Lake

City,

— Messrs,

ing this issue,

is

Utah.—(State and City Supplement,

&

^In

in the sinking fund the city of Waltham is about to make a
proposition to the holders of its bonds to the amount of $128,000 ( which were issued this year) and due in 10, 12 and 15 years,
to exchange the same for 8 i-year bonds. This, together with
other reductions, will materially reduce the tax rate.

$1,500,000.

West Chicago, III.—{State and City Supplement, page
90.)— Cuthbert McArthur, Secretary of the Board of Park
Commissioners of West Chicago, notifies ue that the $500,000
of bonds recently advertised were awarded to the North

—

—

NEW

NEW

LOANS.

BOND INVESTMENTS.

^p* For otber proposals see next pas*.

I

NEW

LOANS.

Januiry, 1899

4,

25,000 City of Cambridge

25,000 City of Dover

4,

May, 1902

April,

4,

1912

•

20,000 City of Grand Rapids 4

1-2,

1906

20 000 Town of Johnston, R. I.,
Gold 4, 1917
1922
25,000 City of Lynn 4,
26.000 City of Springfield 3 12,
Gold, 1907
26,000 City of Tannton
10,000 City of
"

10.000

Woburn

4,
4,

"

4.

idated Street Ry. Co.
Fir«t Mortgage Sinking

Fond Bonds.

DATED JULY IST, 1892. DUB JULY 18T, 1922.
Redeemable after .luljf Ist, 1902 at 106.
Redeemable after July 1st, 1912 at par.
Interest payable semi-annually In New York.
Send for circular giTing full description and price.

E.

&

H.

Sons,
Rollins
36 WALL STREET, NEW YORK,
CONCORD,

N. H.

•

1922

•

1904

S30,000

-

1905

Leiiigh Valley R'y Co.,

£10,000 City of St. Louis Gold *.)
jgjj
payable In New York or London. )

Mortgage 4

1-2

DUE JULY,

PRICE AND DATA ON APPLICATION.

STATE STREET, BOSTON.
NASSAU STREET, NEW YORK.
28

6

FOR

Valley RR. on each Bond.

WHITE &

C. H.
*a&74 B'way.

NEW YORK,

6% INVESTMENTS 6%
Amonntn 8300

Securities

or Investments
Please write or apply to

The Gurley Investment
Company,
and Snrplua,
ESTABLI3UED

17

$500,000

YEARS.

MUNICIPAL SECURITIES
OF

PITTSBURG XXn VICINITY
Dealt in by

Jas.
So

Carothers,

FOURTH AVE., PITTSBURG, PA.

to

810,000.

GOLD DEBENTURE BONDS,
3, 7 and 10 Yean,
ATLANTIC TRUST CO., NBW YORK, TRUSTHB
Amonnt* 8100 to 81,000.
A FEW CHOICE

7

PER CENT FIRST MORTGAGES.

de:vver, COL.O.
Capital

CO.,

Merchant*' Nnt. Bk. Bds.
TAC;OinA, WASH.

FIRST MORTGAGE GOLD BONDS,

Reliable Colorado

FARSON. LEACH &

Lombard Investment Co.
BROADWAY, MEW \ ORK.

WM. FRANKLIN HALL
BOOK8

ACCOUNTANT audited

H«w tormi designed

for books of

3 Wall

113 Dearborn Street.

THE
Investment

Lewis

Street.

Co.,

DE8 MOINES, IOWA.
-

»1 50,000.

moat Coneerrathe Weet.

In the

tlve Field In

Oaaranteed First Mortgages on improTed landg
n Iowa and Eastern Nebraska. Safe and Deairsble.

GENT

SIX PER

Qiy
PCyT
OIA PCD
r Cn bCn I

Debenture Bonds, secnred by deposit of rir«t

Mortgage Loans with an Eastern trustee. FirTKiN
Years' Sccckssfcl ExrKnuNc*. Bind fob Pamphlet.

W.

A.

H0TCUKI8S,

GEO. H. LEWIS,

Aot'g Secretary.

President.

G. R. Voss,
Commercial Paper,
Bonds, Stocks and Inrestmant SeonritlM.
606

FIRST NATIONAL

BANK BDILDIMa,

Omaha, Nebraska.

Write (or Deeoriptlon.

130

CO.,
MEW YORK,

CHICAGO.

1940.

SALE.

Co.,

Price and Partlcalars on appllcatloB.

CAPITAL PAH) Up,

Principal and Interest Guaranteed by the Leblgh

&

City of Sandusky, Ohio,
DOCK IMPROVEMENT 6?.

Per Cent Gold Bonds. Choice Inveatments

WE OFFER THE ABOVE SUBJECT TO

Blake Brothers

S75.000

OF NEW YORK,
l8t

LOANS.

NEW LOAN.

$200,000
PER CENT GOLD
Portland, Oregon, Consol6

26,000 City of Boston

Thes-*

Mass.— (State and City Supplement, page 81.)
—Waltham.
order to reduce the amount required yearly to 1^ placed

Spencer, la. The citizens of Spencer have voted $10,000 of
bonds for their proposed new high school building.

Snnimit County, 0. Notice is given by Chas. W. F. Dick,
County Auditor of Summit Co., Ohio, that proposals will be
received until August 16 1893 for $ao,000 of Summit County

Interest payable

bonds are issued
for the purpose of constructing and completing six new school
buildings and the purchase of the necessary sites therefor.
Tttcoma, Wash.— (State and City Supplement, page 144.)
The people of this city will soon vote on the issuance of
bonds for a water supply.
City.

Tonawanda, N. T.—(State and City Supplement, page 54.)
Bids will be received until August 16 1893 by Louis Oruen,
Village Treasurer, for $142,000 of street improvement bonds.
The loan will be dated August 1 1893, and bear interest at the
rate of 6 per cent per annum payable part yearly from July 1
1892 to July 1 1898, For further particulars with regard to
loan see advertisement in this Department.

Blair
Co., of New York City, are offering for sale the $300,000 of public improvement bonds recently
issued by Salt Lake City. The bonds bear interest at the rate
of five per cent per annum, payable January and July in New
York City. The loan is composed of coupon bonds of the denominations of $1,000 each and matures July 1 1912, but is
subject to call after July 1 1903. The city's total debt, includ13-1.)

New York

—

"i

A Co., of New York aty
Farson, Leach & Co., of Chicago, 111., bid $80,677 50, which
was $1,050 over the rest. The next hi^chest was thit of E H.
Rollins & Sons, of the same place. The bids were submitted
to the City Council for approval.
page

nations of $1,000 each, payable Jan. 2 1912.

January and July in
I

79,627 50
77,682 00
79,037 50
80,677 50
79,417 50
77,813 GO

Blair

have recently been awarded to Blair & Co., of New
The loan is composed of coupon bonds of the denomi-

$1.')0,000

York.
I

f72,477
79,357
79.032
76.6S7
79,605
70,170

,

bonds. The bonds will b« dated August 15 18M and will
bear interest at the rate of 6 per cent per annum, payable semi*
annu illy, and l>oth principal and interest will be payable at
the County Treasurer's office. The loan is cooiposed of
coupon bonds of the denominations of $1,000 each and will
mature $6,000 yearly from August 15 1893 to August 15
1897.

BUI.

A Co., of Chloago, ni
& Co of CloTelann.Ohlo
W. Hi<rrl9* Co., of Chlrauo, 111
C. .Tones & Co., of Now York City

Geo. A. Lewis

N.

I

229

aocoanL

atttUmtnt 0/ JfiMltmit Eitatu,
il8 Bzohange BalldHw, 68 Stat* 8tre«t Bocton.

W.

J

Dealers

Hayes

&

Sons,

BANKKRSI,
in MUNICIPAL BONOS.

street Railway

Bonds and other high grade

in-

Testments.

143 Superior

St.,

t'leveland.

10

WALL STREET,
NEW

7 Exchange Place,
TORE.
B««ton
ORbl« Addr«M, "aRNNSTH.'

THE CHRONICLE.

230

the
American Loan & Trust Company, at 104-133 cents on
list of the bids
dollar and accrued interest. The following is a

received
premium and accrued
First NaUonal Bank of Chicago bid >s per cent
IntorM
premium of .*1 1,000.
a
Interest,
and
accrued
J
j^jj
ijjj
^^jjj^j
NortU American Loan <& Trust Co. bid 101-122 cents on Hie dollar
Interest.
„»
and accrued
...
of
Farson, Leach & Co. bid par and accrued interest, and a premuiu
}l

&

w' Harris

Co. bid par

and accrued

Interest,

and a premium of

<io',iii.

The bonds bear interest at the rate of 5 per cent per annum,
payable semi-aimually, and both principal and interest are
payable at the office of the West Chicago Park CommissionThe entire loan will be payable within twenty years
ers
from July 1 1891.
WilmiliKton, 0.— Bids will be received until Aug. 15 1892
for the purchase of $10,000 of 5 per cent Town Hall Improvement bonds of the village of Wilmington. The bonds wiU be
dated Aug. 1 1893, and will become due part yearly from
Aug. 1 1907 to Aug. 1 1911, with interest payable seaaianoually.

[Vol. LV.

LOANS-

July
July

JiU, $10,000
J&J,
5,000

Tax

July
July

J&J, .$15,000
J&J, 13,000
J&J, 50,000

State and

our

of

of these reports are

whoUy new and

Supplement.

City

—

1902.

INTEREST on the $50,000 funding bonds due 1902 is payable a
the Fourth National Bank, N. Y.; on all other bonds at the First National Bank, San Francisco, at White Sulphur Springs, or by Kountze
Bros.,

New York City.

Utah— Weber County.— We

give below a statement of the
liave received
this week from John A. Boyle, County Treasurer.
No report
from this county appeared in our recent Supplement.

S0PPLBMBNT,

Montana— Meagher County.—{State and City SuppleHENT, page

138.)

We

give below a state

m ent

of the debt

valuation, &c., of Meagher, which has been corrected to date
by means of a special report from County Treasurer J. C,

Tipton.

seat

is

Ogden.

seat

is

DEARBOKN STREET,

187-189

Chicago,

Ill§,

Private Wire to

WORMSER, NEW YORK.

FLOWER

A CO.. NEW YORK.
R.QLKNl)INNINa & CO., PHILADELPHIA.

Special aitenilon

sWen

to ont-of-town busi-

neu. Correspondence auUcited.
Bansi. Member New York Stock Exchange
M. CCMM INOB. Member Chicago Stock Exchange

/. B.

&

Breese

LOANS—

Due.

"^'f'l

Total del)t July

|

1

1892.. ..$40,000

Tax valuatiou, real
ELECTRIC Light and Water—
$645,800
July 1, 1912 Tax valuation, personal. 120,000
J&J, $35,000
Bonded debt July 1 1892 $35,000 Total valuation 1892
765,800
11,000 Population 1890 wa
Floating debt
1,689

Cummings,

BANKERS AND BROKERS,
AND 113 inoNROE STREET,
CHICAGO

8LAU0HTBB, Member N. Y. Stock Bicbange
T. BAKER, Member Chicago Stock Exchange

&

Co.,

BANKERS,
LA SALLE STREET,
CUICAOO, ILLS.

111-113

ChlOKco SeoBritlea Beaghl and Sold.

Henry C. Hackney,
113

DEAKBORN

ST.,

BOUGHT AND

SOLD.
Member Ctaloago Stock Exchange.

CORRESPONDENCE SOLICITED.

&

Straus,
BANKERS,

ViH

I.A

SAl.LE

ST..

Y'ork City.

CHICAGO.

94

»'i,

CHICACiO.

(be Chicago Stoek Bzobanga.

&

Trust

<jt

9«

WASHINGTON STREET.

Capital, pnld-np
81,600,000
Undivided earnlnga. Including
eurplUR
'Z'^O.OOO

Oepoalted with State Auditor.

'^00,000

.

GOARANTEB8 TITLES TO REAL ESTATE.
Offera Investorg In real eatate aecuritlea
protection aflTorded by no other arstein of
doing bualnesa.
aothorlied by law to act a» Registrar of Stocks
nd Bonds, Executor, Receiver and Trustee for
I«

restates.

Syndicates, Individuals

and Corporations.

Trust moneys and trust securities kept separate
irom the assets of the Company.

CORRESPONDENCE SOLICITED.
OFFICERS:

SELLERS,

under the jurisdiction and
Illinois, is a LEGAL

the State of

OFFICERS:
John

J. Mitchell, President.

John B. Drake, Vice-President.

Wm. H. Mitchell. Second Vice-President,
Wm. H. Reld, Third Vice-President

James S Gibbs,

Cash'r.

John McCaffery,

B.

Chattell, Ass't Casb>r

John

B.

Wm. U.

Wm. H. Mitchell,
Wm. G. Hlbbard.
D. B.

M.

DIRECTORS

L. Z. Lelter.

Drake
Keid,

John

J. Kfttchell
J. C. McMullin.
J. Ogden Armour'

Shipman,

Frederick T. Haskell.

The Jennings Trust
186

Vice-President.

COUNSEL:
W.

directly

is

DBPOSITOKV for Court Moneys, and Is authorised
to act as TRUSTEE, KXBCUTOB, KECBIVER and
ASSIGNEE for ESTATES. INDIVIDUALS and
CORPORATIONS.

DEARBORN

ST.,

Co.,

CHICAGO.

STEWART, Secretary.
CHA8. R. LARRABEB, Treasurer.
DIRECTORS:

A.

This Bank

aujperviston of

A.

Ghrvnn 6«nett,
Chas. W. Drew.
W. D. Kerfopt.
John P. Wilson.
George C. Walker,
Edson Keith,
i'ux'tall,
Geo. M. Rogue.
t25° SJohn
DeKoven,
A. H. Sellers.
Samuel B. Chsse.
C.

Savings

CAPITAL AND SURPLUS, S3.-^30,00«
INTEREST ALLOWED ON DEPOSITS.

President.

A. H.

ARCHIBALD

W.

&

Trust

Illinois

Bank.

CAPITAL, PAID UP,

John

Green,

P. Wilson.

A. M. Pence,

Schaflher

&

Co.

100 WashlDgton Street,

in the

estates.

OtT o
Acta aa

agent for the registration and transfer of bonds and

and the payment of coupons, Interest and

dividends.

Authorized by law to receive and exeonto

and Individuals.

COMMERCIAL PAPER,

A

from courts, corporation!

legal depository for court

and

trust funds.

INTEREST ALLOWED ON DEPOSITS of money,
may be made at any time and withdrawn after

which

Ove days' notice, or at a axed date.

IL,L,.

Fred. G. Frank

Takes entire charge of

trusts of every character

BANKERS,

CHICAGO,

$40,000

NEGOTIATES GROUND RENTS

stocks

Herman

$500,000

SURPLUS.

Chicago.

Gondy,

TRUST FUNDS AND TRUST INVESTMENTS

&

Bro.

are kept separate and apart from the assets of the

LOCAL SECURITIES A SPECIALTY.
Company.
99 WASIilNCiTON STREET, CHICAGO.
Corre spondence Invited.

A Uenrral Banking Bualnrea Tranaacled. _^
ATLANTIC
riBOT MORTO AOB LOANS ON IMPROVED
CITY
REAL BSTATB FOB SALE.
MCBben of

New

CHICAGO, lEE.

CHIVAOO.

MiTESTMEMT SECURITIES

Cahn

payable in

Company

QWYNN GARNBTT,

A. O. Slaughter

is

OF CHICAOO,

Becnrltlee luted In New York, Boston or Chloeuo
Oerrted on oonserratlTe marglnB.

WM.

the

69,

Title Guarantee

Chicago Stock Exchange.

A. O.

following statement of

Sprague has recently been received.
Mr. John Barlot is Town Treasurer. No repart from this place
appeared in our Supplement.
Sprague is in Lincoln County.

INTEREST

Membera New York Stock Exchange,

111

Washington— Spragne.— The
debt, valuation, &c., of

CHICAGO.

Jamieson & Co.,
STOCKS— BONDS,

D.

Assessment ^a to % actual value.
County tax (per $1,000)
$3 00
Poor and school tax
100
Population 1890 was
22,723
Floating debt July 1 '92.. 40,000 Population 1880 was
12,344
INTEREST is payable at the County Treasury or at the Chemical,
National Bank, New York City.

White Sulphur Springs.

CHICAGO.

a.

Tax valuation 1892... $17,300,000

Wlien Due.

|

County

I. t.

Weber County, which we

financial condition of

others cover items

«f information additional to those given in the
and of interest to investors,

valuation, personal. 2,795,015

1,
1,
1,

IMPROVE.MENT AND FUNDINGJune 14, 1912
J&J, $70,000
Subject to call after. June 14, 1902
Bonded debt July 20, '92. .$70,000

reports as to municipal debts received since the

Some

163,000

5a,

STATE AND CITY DEBT CHANGES,
publication

.f

Sinking fund
6,800
1897 Net debt July 1 1892.... 156.200
1898 Tax valuation, real
2,659,885

1895 Total valuation 1892.... 5,454,930
1896 Assessm't same as actual value.
1902 State tax (p'r $1,000) '91.
Jan.
$2-50
78,
County tax (per $1,000)..
Redemption Bonds
900
7a, J&J, $20,000
Jan. 1, 1893 Average school tax
400
Bonded debt July 1 '92.. $113,000 Population in 1890 was
4,749
FloatiU£t debt
50,000 Population in 1880 was
2,743
OPTIONAL.—The bonds of this county are all redeemable three
years from date of Issue excepting the $50,000 funding bonds due
7s,

LOANS—

We subjoin

1,
1,

Funding Bonos—
78,

County

last

Total debt

IfAs" Due.

Court House and Jail—
7s,
7s,

MLTUAL

INS. CO.

J.

SCRIP

Dealt In by

AUGUSTrS FEOYI>,

3i PINK STREET,

NEW VORK.

B.

WALSH, President.
II. nuLBCRD. Vice-President.
FRANKLIN UATHBWAY, Secretary.
SAMUEL D. WARD. Treasurer.
LTMAN A. WALTON, Cashier

CHAS.

\