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.
i
1
xmth
HUNT'S MERCHANTS' MAGAZINE,
BBPRESENTINQ THE INDUSTRIAL AND COMMKliCIAL INTERESTS OF THE UNITED STATES.
(Entered aooordlnn to Act of Conijresa, In the year 1891, by
VOL.
Wm.
Dana
B.
(k
SATURDAY, AUGUST
53.
CL EARING HOUSE RETURNS.
j
Co., In the otHoe of the Librarian of Congress, Washington, D. O.)
The exhibit
NO.
1891.
8.
week ending August
for the
1 is
The followins statement shows the bank clearings for the
^eek ending today (Aug. 8), made up according to eiplanattiona contained in Chronicle of October 26. 1839.
Week EnditiQ AwjMt
Ol.BARniOB.
by TtUoravK,
JMwfu
Hew ToTk
Balttmore
OhloaKo
St. Louis
Vtw
69,781,'
$663 833,943
BsTSn cities, 5 days
Othsr oltles, 6 days
Total
all cities, 5
days.
Iday
JLUoltles,
Total
123,911.614
for
week.
I
+14
5
(Grain
(Pttrsteum
I'rorldene*
llirttord...
—4-2
t792,622,434
130,104,212
-125
Lowell
$922,726,706
181,771,406
-11-4
—10-4
—4-8
$1,104,498,193
The exhibit of clearings foi July and since Jan.
1 is
Wl*.)
Moaton
iprlngaeld.
kforoestar
Portland.
$''17,745,557
$il8n,5d5.t83
—5-3
u.
sham.)
v'J'f^!
ln«»«J«.)
lootton
+31
$162,319,926
all riiiea
+3
52,386,817
11,489,653
69,689,030
18,837,485
4,993,657
:
York,
v^toMS
+0-1
00
19,419,987
4,786.142
Orleans
°
-180
78.302,5f.9
as follows
iFm* Bna't JiHy
New
Pe/r Cent.
$556,923,323
$453,483,007
80,018,009
49,6S0,837
18,161.061
Boston
PbUadelphla
8.
1890.
1891.
1.363.
New Haven
New Bedford
Total
New
England..
Philadelphia
PittsDurK
Balilmure
Buffalo.
as follows;
Wn^taluKton.
Rochenter
WUmlnuton, Del
Seven Months.
87raouse
Total Middle
New York
21.822,684,593 -14'3
,S90,17»
40
^
"
3,0*8.e3'),73/J
15 1.2 '5.40 I
-iri
Hartfcird....
63.784,a0^
New
3l.«Hl,4•^0
38.3j».3;4
+1-1
+«•«
-4-7
33, ;4:!,«97
+4-15
Boston
ProTldenoe.
Haven...
BprlDRlleld
....I
Worceiter
Portland
Lowell
Hew Bedford.
<-4.7
84,27a.al5
ai.»«j.:n'
11,981,87
ChloaffO
Cinolnnatl
tfllwankee.
Oetrott....
Clevelud.
Columbus
Indbinapolts..
Peoria
arand Rapids
Total Middle Western
+16-7
San Cranelsco.
Portland
Total N. Bnii
Salt
Philadelphia..
Lake City.
Seattle
Pltt»t)urg
racoma
Baltimure
Los Angeles...
Boffalo
Washington..
WUmlnxton
Total PaclHo
.
Brracnse
Kansas City
Vllnaeapolls
Total Middle
nloago
Cincinnati
Milwaukee....
Detroit
^lereland
Panl
fmaha..,*
Oenrer..,.
Duluth....
St. Josephs
St.
I
stouxOlty
Des Moines
Wichita
'Iambus
r:tllanapollB.,.
Lincoln
'tiorla
Topeka
trand Rapids.
Total Other Western,
St.
'ortland..
,.
Louisville...,
I'attle.
Memphis....
Richmond...
aooma
.OS
Angeles
Oaiveston...
NashTllla ...
Dallas
Fort Worth
Norfolk
Chattanooffa....
.'ansas Cltr..
linneapoUs..
•. Panl....
.
Birmlntchi
.jexinxton...
maha
'«nver..
'Oluth
:.
..
Josepb
Lonls
Orleans
New
..
lloustoo*
..
Total
iiHix Oily ..
'eH Moinea.
Bontbam
Total
'icbita
iiiooln
Oatalda
opeka
all
New
rork..
*Not Included In
407.U*>.»J8I
totals.
Our compilation
of sales, &c., for seven
Actual
i
or Quantity
irfoik
lattanoofra.
rmlnntiam.
xUiKton...
Total all
80
.„
itHde V. Y.l|.«i.fl.l8'.^ ,,,.>,...
1.I)»4.I28."43
* ftutibviuaeo
lu iui«.b.
...
Pet'l'm.bbls
—
-37
13,856,7»6.a<al
'
;
I
l<,l«7.4,)l)i «57J,721.aio »44 17
bis.
Urain.bnsb.il8d2,S*),a4.j |l.3«01*<72,tfS!<c.
>
.
\
'
70«0.
|l:i.082.*)0
Cotton,
'
-8 -3' l8.8B7.2 a«.5i4
18,482.000
,
«-5 3l,401,114,70»!34.978,492.»l»— 10-2
Tetal Tklael
^
-:
as follows •
Aituai
.iMr'ix
Viliit.
PrU4.
j
•r QuaalUy'
I
40,640,15 J
I
1-7
»37l4,-)0l,«5i)j 32914530811 a
l<;s.ui8,».M tii ,391.348, 80-1
}
il.sJ-t.KiO
|3.8r8.r>
$3,210.71,
ToWl... |S39:i7o3«J0,H.9'*8*535S8 585
204.U95,8!«!
;4.8ti730i),i
Por fotiM
'Aver'ge
Price.
8'<"=^| vSi'fslli^^ioJi ! l'«878099l! 57-4
Kit. bonds.. tl7.J,0>'?,100 $135,570,412 TSS
UiTi bonds
|Jl..iOol
»l,Otfl.*fo lia-3
Stiitebonds.'
ll,813,7')o,
tUM.Hl, 8')-8
Bank stocks tl.J83.18)
tl.82D.57 7 142-9
rt svorth..
Total South.
Value.
is
Seven Months, 1890,
Seven Months, 1801.
Par folue
DeecripUon,
months
—^
|»3.9O4O70Ol»l
1
'
i
I:
'
,i«4.lO:>
1194
ii.i-'?,*!? 5«-0
ii.itft.iit i»j-i
83-1
|3J99,7U ),73 #2,5 i474 15^8
t99,8l5.3tf0 1)3 l-3«.
108,748,U0j
l,4,5il3,10
1784.6)2,0)4 {58-21
l,185,*;»,U- #871,197.40.) 74^1.
ueoTsswi
THE CHRONICLK
166
favor by
THE FINANCIAL SITUATION.
lenders,
and
where
negotiated
it
The commercial paper market
special rates.
Notwithstanding the important faihire of a leading
connected
dealer in commercial paper more particularly
notwithand
enterprises,
and
markets
Southern
with
have
standing the rumors of a serious character that
embarrassment
been afloat foreshadowing the financial
(which embarof the Union Pacific Railroad Company
has been rereport
advices
rassment, by the way, later
improved
somewhat
has
business
lieved), the tone of
LVol. lui.
and very few of the
choice names.
The
city
dull,
banks are buying, except very
supply, however,
for mercantile borrowers
at
is
is
instead of
is
not increasing,
making paper
for
Street offering apply at their banks for accommodation.
Rates are unchanged at of per cent for sixty to ninety
day endorsed bills receivable, 6 to 6^ per cent for four
months commission house names, and 6^ to 7^ per cent
for good single names having from four to six months
during the week. This changing sentiment is to be to run.
There has been no material change in the money
traced wholly to an increasing confidence in an early
United
the
markets
gold
to
of Europe this week. There was a little flurry
of
movement
large
and
Indeed, Stock Exchange prices Wednes- in Berlin, caused by the discovery last Saturday of
States.
day afternoon, on the mere rumor that five million frauds upon the Deutsche Bank perpetrated by one of
dollars had been shipped, rose several points with the its clerks; but the excitement seemed to have subThis incident sided early in the current week. Another event on
old style vigor all through the list.
hold
the fear of Saturday last was the threatened suspension of the
and
deep
a
only illustrates how general
mind,
that fear Bank of Rome,
the institution being unable to
public
on
the
has
a silver catastrophe
added
to
the trouble was
exports
for
; but
gold
draft
£2,000,000
large
meet
a
our
of
result
being the
may
withdrawal
drain
temporary
of the draft.
another
the
January
averted
by
next
that
possibility
the
begin with but little reinforcement of our stock of that The cable reports discounts of sixty to ninety day
metal in the meantime.
bank
which suggest and are shaping this
better outlook are all on the surface. Foremost among
them is the very large exports, and still larger engage-,
ments, of wheat; added to that is the decided advance
the
The new
facts
in the estimates
of the
of that grain
yield
to about
600 million bushels as a minimum; then there is
further decline in our merchandise imports,
the
which we referred to in an article last week as
dollars
at
New
having contracted
7^ million
York in July, and which contraction another week's
now bring up to over 10
month aho the reflex action
returns
that
;
million dollars for
of these improved
trade conditions manifesting itself in the material drop
in the rat3s for foreign exchange, foreshadowing conditions to come that shall ensure us the means with
in
bills
open
London
market
rate
at
is
1^
2^,
per
cent;
at
Berlin
at
it
Paris
is
3^,
The Bank of England
at Frankfort 3J per cent.
reports a loss of £65,000 bullion during the week.
and
we are advised by special cable to us, was due
an import of £470,000 from Portugal and Australia,
to an export of £68,000 to the Argentine Republic and
miscellaneous points, and to the shipment of £467,000 to
The Bank of France
the interior of Great Britain.
gained £345,000 gold during the week.
Foreign exchange was dull and easier the early part
of the week, and on Wednesday it became weak in
consequence of a light demand and a pressure of comThis, as
to
mercial
drawn against bveadstuffs, and also
made in anticipation of exports of cotton.
bills
against bills
Although the arbitrage houses were buyers of stocks on
which to fortify our currency and finally the contin- Thursday, these operations made no impression upon
ued increase in railroad earnings and the' continued the market. There was no change in rates on Monday
favorable weather conditions for developing and ripen- compared with those of Friday, except that Baring,
ing all our crops.
Magouu & Co. reduced the short rate to 4 87. There
The money market remains without any change was no further alteration until Wednesday, when
There has been the same abundance in the Brown Bros, reduced long to 4 84J and short to 4 86^,
whatever.
supply of call money, the same close rates for loans on and the Bank of British North America reduced
time, and strict scrutiny of collateral, and the same the former to 4 85 and the latter to 4 87.
On Tiiursinsignificant demand for commercial paper.
Neither is day Brown Bros, made a further reduction to 4 81 for
there any special change in the interior flow of currencv. long and 4 86 for short, and Baring, Magoun & Co.
funds are going to the West in larger amount than and the Bank of Montreal reduced the former to 4 84^
was the case a few weeks back, but the inflow and the latter to 4 %Q\. Yesterday the Bank of North
at this centre is still so considerable as to keep America also quoted 4
84^ and 4 86^ for long and
the net movement slightly in favor of New York. short.
The market closed steady (though Continental
The reserves of the banks continue large for this season exchange was weak), the nominal rates being 4 84 to
Last Saturday's return showed a surplus 4 84^ for sixty day and 4 86 to 4 86^ for sight. Rates
of the year.
of $19,481,350, with five of the largest institutions for actual business were 4 83^1^ to 4 84 for long, 4 85^
holding $9,728,900 and three of the five $8,704,400 of to 4
85f for short, 4 85| to 4 86 for cable transfers,
this surplus; a further feature of interest is that eleven
4 82i to 4 82f for prime and 4 82i to 4 82^ for docuof the sixty-three banks in the Clearing House reported mentary commercial.
;
—
$34,872,200 specie out of a total of $66,611,000.
The trade situation remains unaltered that is,
Money on call, so far as represented by bankers' bal- there is no special activity, and confidence is still in a
ances, has this week loaned at 2 and at 1| per
cent
measure unsettled. But as stated above the favorable
averaging a little less than 2 per cent, at which
renew- agricultural outlook, the large grain trafHc and the
als have been made; banks and triist companies
main- heavy exports must bring speedy improvement ii
tain 3 as the minimum, although some get 4 per
cent. apprehensions about our currency basis should be re-
Time loans on first-class collateral are quoted at
5
to 5i per cent for 60 to 90 days and
per cent for
four to six months.
There is a great deal of inquiry for loans on railroad paper secured
by
by the probability of early imports of gold.
Returns of railroad earnings already give evidence oi
the change, but bank clearings, representing in man}
lieved
bond instances operations
collateral,
but
this
is
not
regarded
with
much make
entered upon months ago, stil
unfavorable comparisons with last year. Evei
1
.
AuaosT
1891.
8,
IHE CHRONICLE.
J
here however the exhibits are getting better. Wo have
this week prepared the figures for the month of July,
Thus, while for
smaller than previously.
month
preliminary
of July.
totals
We
based
have, however, prepared
on
the
already
returns
and these give an indication of what kind of
an exhibit the full statement is likely to make. Those
preliminary totals cover 84 roads and show a gain of
7*61 per cent.
For Juno the exhibit had also been
quite good, though the gain was not so large, being
5 "10 per cent.
For May, however, the increase had
been merely nominal, amounting to only a fraction of
one per cent, and it is the change since then that is
July noteworthy and indicates clearly the improving ten-
and the aggregate of all the cities shows a loss as
compared with the corresponding month last year of
time been
9^ per cent. The results have not this
affected to any great extent by variations in the volume
of Stock Exchange business, which was very small in
both years, and hence the loss seems to possess somewhat more significance. But on comparing with the
months preceding we find that the decrease now is
much
for the
167
received,
9} per cent, for June it was as much dency. It is to be said, too, that the increase of 7 '6
per cent and for May 18-6 per cent, though it per cent for the late month is the more significant and
as
is only proper to say that in this latter month there gratifying because it is made in the face of losses by
the falling
off is
Hi
was a large loss on account of the falling off in Stock roads like the Northern Pacific which at one time were
Exchange business at New York. Taking the clear- contributing heavy amounts to the monthly gains.
The statements of net earnings for June which have
ings outside of New York, however, the result is much
in
clearings
for
in this week are not so uniformly favorable as the
contraction
come
the same, for while the
6-3
Still, on the whole the
previously received.
it
was
per
cent
returns
5-3
June
for
cent,
only
per
July is
and for May 10-3 per cent. Here are the monthly exhibits continue very good, an even in those instances
where net earnings show a ItJss as compared with a year
totals back to January.
UONTHLT CLEABIHOS.
ago, the matter' is not as important as it otherwise
would be, since it reflects a situation which is now
CltaHnat OutfUU Ifevi Tork.
Oleartngt, Total AH.
month.
being rapidly changed under the excellent harvest of
1890.
In Boston the directors
cereals that is being gathered.
4.939,.U3,738 6,2S5,44o,.'M« —80 1,982.344.370 1.981,016.936 +0-1
/annar/...
of the Kansas City Fort Scott & Memphis postponed
3,919.471,428 4,449,730,868 —11-2 1.844.934.332 1.628,251,112 +1-0
February
consideration of the dividend on the preferred stock,
4.211,431..')07 4,510,485,106! -92 1.785,311,985 1,817,581.518 -2-9
Uarch
Ist guar. 13,10O,i33,67H4,845,661,llOi -87 5,392,593,687 6,426,859,584 -06
and passed the dividend on the common stock, while
1,889,518,330 1.901,531.973 -0-8 the directors of the Chicago & West Michigan declared
April
4.786.396,124 4,828.116,139 -01
.
May
4,;89,6en.ei3
5,884,788,427 —18-6
1.882322.090
2.096,2.53,665 -10-2
June
4.358,815,217
6,092.636,788 -14-4
1,813.102,695
1,931,025,081
-6-3
-11-8
6.6SS.443.016
5,934.813,719
-5-9
10,978,036,702 11.361.673.283
-3-4
June we
-5-3
and the
2d qnar.
.
13,933,571,95:1 15,805,539,32«
6 months. 27,083,806,821 30.151.200,432
4,887,?OB,080
July
1,827,282,487
-9-5l 1,889,189,832
1.991,12.1.013
Eeferring more particularly to the effects of the
volume of stock sales on the totals of clearings,
we find that for July, 1891, the market value of the
share transactions on the New York Stock Exchange
was about 180|^ million dollars, and does not
differ much from the aggregate for July, 1890, which
was 176^ millions. In June the comparison had been
233 millioQs against 333 millions, and in May it was
372 millions against 628 millions. BbIow we give the
totals for each of the last seven months, both in the
number of shares sold and the market value of the
same.
BAX.B8
OF STOCKS
TBB SBW TOBK STOCK BXCH.ANOE.
A.T
U91.
IrTontA.
1890.
VaiTtet.
Number
of 8)uire4.
Par.
»
I
Jan...,
Feb....
6,618,789
640,138,550
318,101,«23
268.489.862
175.663,817
6.363,019
3,275.8J1
March.
3.618,978
318,087,315
195,297,063
4,497.663
Utqr
12,611,881 1,208,530.620
5,199.190
7,181.818,
899,308.920
422,983,510
May....
June...
6,283,212,
616.311.0 K)
3J0.688.525
233,397,187| 5,140,123
a
3.B78.J14
5,082,177 466,156.200
372,333,383 11,052,779 1,051.139,066
301,199,207
628.978,858
518.718.025
322,129,909
2dqr. 17.1.W.5B 1 1.708.539.445 1,028.711.08) 21,575,379 2,033,307,290
1.2 i5.307,074
mofi.
July..
As
29.932.2 25 2,9 13,089.965 1,888,181,81.1 37.625,211 3.438.060.215 2.116,8J9,6;i7
3,151.417
178,.')8i.»4
809,892.100 180,5 8,153 S,001.91S 278,711.235
illustrating
the
lack
of
activity
which
such a feature on the Stock Exchange in July of
year as well as this,
total
number
it
is
interesting to note that
of shares sold
over three millions
than a year ago,
same is true of the Detroit Lansing &
Northern, which earned nothing for its stockholdThe June net
ers in the six months to June 30.
of the Kansas City Fort Scott & Memphis is $107,397,
against 198,087 ; that of the Detroit Lansing & Northern, $31,367, against $39,410 and that of the Chicago
and West Michigan $49,301, against $46,939. The
figure that the net was better
;
&
Pere Marquette, however, has sustained a
net of $57,673, against $63,363,
and so has the Louisville New Albany & Chicago,
Flint
falling off, reporting
whose net is stated at $60,139, against $77,404. The
Southern Pacific on its Atlantic system the only part
also suffor which the returns have yet been received
fered a loss, the net being $180,179, against $239,591.
Great interest is felt in the statement of the Union
Pacific, owing to the unfavorable rumors which have
been current, but the return has not yet been furnished.
Several companies are able to present notably good
exhibits, and among these the Rio Grande Western
—
—
$81,407, against only
$35,363 for June, 1890. The Mexican Central also
reports a very heavy ratio of gain, with net at $188,The Philadelpia & Erie
375, against only $106,568.
stands foremost with net of
839,450,762 16.019,832 1,401.752.925
April...
only 1^ per cent, against 3 per cent last February. But
this is on the results for the whole twelve months. For
in either year
Ohio &
Savannah
reports net of $170,105, against $143,435, the
Mississippi $83,334, against $57,865, and the
& Montgomery $15,310, against $10,125.
Our stock market has undergone somewhat of a
At the beginning
the change for the better this week.
was Americus
last
was only a considerable depression prevailed. "Uuion Pacific broke
—an amount that would form-
badly on the circulation of unfavorable reports as
most
have been considered small as the aggregate for a regards
finances
and a
com;iany's
tho
At the
single week.
st-ick.
the
against
determined drive
In the case of railroad earnings, the returns, as same time great pressure was brought against the whole
B.it it was
already said, give evidence of decided improvement, list, making the market quite weak.
and the comparisons with 1890 which a few weeks since noticeable even then that prices did not yield as readily
were imliffcrent or poor, are now getting quite satisfac- as before, that there was a quick recovery when the
tory
We shall p.iblish next week our full statement 'pressure ceased, and that coasilerable buying was going
little
erly
•
IHE CHRONICLE
168
[Vol. Lin,
been brought
appears to have
contracts or for a bearing debt, it
on either to cover outstanding short
per
cents and a
the
of
4
of
$1,000
issue
about
an
by
given
During the last two days this buying h«8
rise.
certificates.
refunding
old
the
of
$700
redemption
of
the
to
rising tendency
a strong tone and a decidedly
the
per cents
to
4
addition
this
how
not
know
do
was
We
strength
market, and yesterday especially great
official inforno
have
say,
we
to
that
is
about
came
respectable
quite
developed, the transactions reaching
matter we assume howThe upward movement was greatly aided mation with regard to the
proportions.
to be correct, that
assumption
made to provide ever and presume the
by reports that arrangements had been
certificates
refunding
the
redeem
needed, and thus the bond was issued to
the Union Pacific with all the money
per
cent
interest
bear
4
certificates
of $700, which
relieve it of its financial embarrassments.
per
cent
inover
(that
is
48
1879
since
February
26,
The following statement, made up from returns colfor
little
more
call
a
would
consequently
terest),
and
and shipments
lected by us, shows the week's receipts
than one thousand dollars for their redemption.
banks.
York
New
the
gold
by
and
currency
of
Another point to be considered is the currency holdNet Interior
Received bi/ Shipped by
Tr»e* Ending Autnut 7, 1891.
ings
by the Treasury, including the changes made in
Movement.
Banns.
Banks. N. r.
—
;
N.Y.
Onrrenoy
$3,048,000
••
800.00<1
eow
Total gold and legal tenders. ..
$3.34 ^.OWI
$2,811,000 Gain. $237,000
100,000
200,000 Qaln.
$3,011.000 Gain.
$337,000
With the Sub-Treasury operations the result
follows
WeA
is
as
statement, and
We
it
presents some very interesting results.
give the figures for the
firfet
of July
and the
first
of
.^ugnst.
:
BndifW AW/uM
Into
7, 1891.
Bankt.
$3,318,000
13,600,000
Banks' Interior movement, as above
Total gold and le(»l tenders
Out of
NetOlMngein
Bankt.
Bank Ho'MnQi.
$3,011,000 Gain.
14,100,000 Lo33.
$337,000
500,000
$16,948,000 $17,111,000 Loxs. $163,000
The following table indicates the amount of bullion
in the principal European banks this week, and at the
corresponding date last year.
AuQlut
^Uflust
6, 1891.
7,
1890.
BarikoJ
Oold.
Silver.
Gold.
Total.
IVitai.
Sillier.
£
£
27.181.058
27,181.058
66.001.000 .50,480,000 105.481,000
30,612,00<i 16.306.000 46.»18.000
6,476,000 ia.676.000 22.051.000
20,622.024
20.822,024
£
£
Bngland
lYance
Germany*. ..
Anst.-Hon'y.
62,696.000 50.68.1.000 103,385.0J0
27 .630.6(17 13.816.333
41,446,0))
4.854,000 16,533.000' 21,38?,0i)U
4,404,000
6,838,000
10,242,000
5,117,000
6,368.000
'i.903.S33
1.451,667
4,366,000
2.821,000
1.410.000
4.231.000
Tot.thl8week 125,578.3»l 89,851.667 215.228.058 118.740,891 87.815,333
201.6511.021
Wt li:a,?79.700;89.6:8.338 214.958.0:13!ll4.279.928 88,003.333
202.283,^69
Netherlands..
Hat. B'lKlum*
Tot, prev.
the different items and in the total. With reference to
these matters we have been able to prepare our usual
10,185.001)
The division (between gold and silver) given In our table of coin and
bnUlon In the Bank of Oermany and the Bank of Belgium is made from
the best estlmat'- we are able to obtain; In neither case is It claimed to
be accurate, as those banks make no distlnotlou in their (veekl'y returns,
merely repi>rting the total gi ild and silver, but we believe the divisiou
we make is a close aporoxlmation.
»OTB.— We reci'lvethe foregoinKresalts weekly byoahle, and while not
•
•U of the dat« given at the head of the column, they are the return?
laeaed nearest to that date that Is, the latest reported Ugures,
—
-1891,Augittt X.
July 1.
Holdingsby Treasurerin Sub-Treat.,ite.
$121,113,024
$117,667,723
Net gold coin and bullion
18,730,910
17,264,510
Net silver coin and biUlion
11,309,957
9,765,252
C. 8. Treasury notes, act July 14, 1890.
4,038,454
4,848,204
TradedoUar bullion
Def. 476,548
1,601,744
Ijegal tender notes
5,6.55,174
5,924,947
National bank notes
19,368,142
19,656,695
Fractional silver
Total Gov't cash in sub-treasuries. . .$176,459,302
28,700,119
national banks
$180,008,886
27,137,108
Totalca8hinb'nksand8ab-treasurie8.$205,159,721
$207,145,994
Amount iu
once attract the attention, because of its singularity, is the deficit of $476,548 in
The deficit means simply that the
legal tender notes.
Treasurer does not hold as many legal tender notes
In other
as he has issued legal tender certtficates.
words he holds only $36,788,452 legal tenders and has
The item which
will at
outstanding $27,265,000 of certificates issued on the deposit of legal tenders. It is to be said with regard to this
item that though a deficit is an innovation, that is has
never appeared in the accounts until
daily statements of this
figures, the
it
month and now
appeared in the
in the
monthly
Secretary undoubtedly considers the exist-
ing situation justified by holding other kinds of cur-
THE TREASURY FINANCIAL STATEMENTS
INTERPRETED.
The Government's monthly
rency sufficient to cover the uncovered certificates.
Consequently while an adverse balance in an account
in which the outstanding issue is a mere representa-
tive of the article deposited is an irregularity, not only
most readers, in matter of form but of law, which a careful financier
seem to be of a reassuring character when correctly would not permit to exist, yet as the Treasurer has
interpreted.
We must repeat what we said a month increased his gold balance during the month the
ago, that we are at a loss to discover the wisdom of the ability of the Government to meet its obligations is in
changes made in the form of the exhibits, or to under- no degree weakened by the looser method of managestand why anyone should prefer Secretary Foster's new ment.
Treek,
statements issued this
which are quite unintelligible
to
Government
A further feature of interest disclosed is that the
ought not perhaps to object, cash of all kinds held on the first of August in banks
since the form now adopted apparently makes our work and sub-treasuries reached $207,145,994, against $205,as interpreter more important to the public.
159,721 so held on the first of July, or an increase of
This importance finds illustration on the present $1,986,273. The addition to the amount in sub-treas-
method
of presenting the situation of the
finances.
And
yet we
occasion in the fact that we have yet to see anywhere uries alone was in excess of this, as the above compilaa correct announcement of the debt change in July. tion shows, being $3,549,584 ; but the diSerence between
Indeed our contemporaries who have ventured to draw the month's surplus cash receipts ($1,986,273) and the
a conclusion from the figures as published have stated total added to the sub-treasuries' holdings ($3,549,584),
that the debt had increased during the month several which difference is $1,563,311, in no manner relates to
The actual fact is that the interest- the month's income ; it is simply the amount of cash
bearing debt increased $300 but that the net debt de- transferred from the depositary banks to the subcreased in July 13,447,509. This net decrease includes treaanries
This
during the period represented.
of course the decrease of 11,556,517 in the reprejudice
is
made
in
transfer
obedience to a
million dollars.
demption fund of national bank notes, which fund believed to exist among the Farmers' Alliance
under the law of July 14, 1890, was covered into people against the banks and on the assumption
the Treasury, and thereby converted into a Governunderstand that
that a farmer is too ignorant to
ment
liability.
As
to the
$300 addition to the
interest-
taking currency out of banks and locking
it
up
in
AUOIST
THE CHRONICIJi
1S01.1
8,
189
Treasury vaults is docroasing the circulation (which ho the problem ho has had to face. We fully sympathize
so anxious to see increase) to just the extent of the with iiim in his struggle ; and yet we see no advantage,
But the sub-treasuries in July wore enriched but harm, from inexactness in methods or lack of
transfer.
is
both by this transfer of funds from the banks and also openness in communicating with the public.
consobj the month's surplus receipts of revenue
qnently the luxury of having a sub-treasury system
GNITUDE OF THE RAILROAD IND USTR 7
has for the time being taken away from the people
The publication of Poor's Manual always serves the
13,649,584 of currency. It is always well to keep in
purpose of directing attention to the magnitude
useful
now-a-days
derived
from
benefits
peculiar
(?)
mind the
interests represented by United States railroads.
the
of
cumbersome
old
contrivance
gotof
a
continuance
the
ten up and used by our forefathers at a time when We have been favored with proof sheets of the introGovernment cash was of but little consequence to the ductory to the Manual for the present year, and the
mass of statistical matter given hardly impresses one
money market.
The foregoing facts appear to authorize the conclu- less than the perfectly gigantic proportions of the
;
MA
sion that daring the
month under review the income
totals reflecting the operations of
The
the railroad system.
the work take occasion to refer to
of labor involved in the preparation
publishers of
Government has exceeded the outgoes about
That is certainly a favorable fact, and the great amount
unexpectedly favorable in view of the loss in revenue and compilation of the statistics, and this will
which is occurring month by month and the increase explain why the results which the Manual gives
not brought down to a more recent date.
in appropriations this year; and yet it seems to have are
down only to December 31, 1890
been due to an exceptional circumstance. Turning to They come
seven months ago and in a great many instances
our usual table of Government revenue and expenditures given to-day on page 176, it will be found that no later than June 30, 1890, thirteen months ago;
the payment on account of interest last month indeed the Manual states that probably one-half of all
of the
11,986,273.
—
—
was only
$3,823,000,
That
1890.
against
to
is
say,
$7,232,000
the
late
in
July,
Secretary
Windom in getting out his surplus revenue
had so largely anticipated the coupons on the four per
cents and currency 6s due in July that Secretary Foster's disbursements on that account were about 4 million
dollars smaller than they would have been had he been
required to pay the full interest on the 8559,567,000
four per cents and the 164,623,512 of currency 6s.
This is a fact of some importance with reference to
future disbursements,
was the
last
because the July 1891 coupon
one the payment of which had been antici-
pated, so that hereafter Secretary Foster will have to
meet
the returns cover this latter period.
In other words,
when the Manual appears with the results
fiscal year ending June 30, 1890, reports for
at the time
for the
—that for the twelve months ending
—are already beginning to come to hand.
one year later
June 30, 1891
is,
which must become more
from year to year, since it is fair
to assume that still other companies will change to the
the Inter-State Commerce
fiscal year ending June 30
This
is
a disadvantage, too,
rather than less apparent
year
—to
—
avoid the
necessity of
making
a
separate
Commission. Then, too,
the results can not be tabulated and footed till the
last return has been received, and this tabulation and
report
to
the
Inter-State
compilation of the results is alone a work of great maghave referred to the loss in revenue and increase nitude. The Inter-State Commerce Commission is
in expenditures which our monthly table on a subse- having the same experience, for with a large force of
quent page discloses. It seems that the loss of revenue clerks at its command, and with the aid and prestige
in July compared with July, 1890, was just about four which its position as a Government body gives it, it has
this interest in full.
We
For the seven months since the
January the
total
revenue has
been
217,487,000, against $248,486,000 for the same
seven months in 1890, or a decrease of about
31 million dollars, averaging about 4^ millions
per month. The monthly expenditures reported can
not, as all know, be relied upon as a measure of the
month's outgoes, since the moneys are charged off on
nillion dollars.
first
of
been able to do no better than the publishers of Poor's,
the statistician of the Board not yet having presented
his report
and tabulations for the year ending June 30,
1890, this official, unlike Mr. Poor, not being
hamp-
ered by the necessity or desire to incorporate any later
—the
-case, indeed, being to have
uniform period.
These remarks upon the nature and character of the
results presented, and the method of reaching them,
data
purpose in that
the returns all for a
the books of the Treasury when' they are credited to
officers, while often the actual cash is not
paid out until the following month, or later.
Still the
are important, because
statement for the seven months this year and last year
furnishes a fair comparison of the past and a fair
guide for judgment as to the future. The total
Be
expenditures from January 1 to August 1, 1891, have
been $217,925,000, against $181,540,000 for the same
period of 1890, or an increase in the seven months of
with figures that cover the calendar year 1890. Nomi-
disbursing
•36,385,000, which
month.
This
is
a
little
over 5 million dollars a
brief analysis of the
with totals for the year ending June 30, 1891, nor yet
with totals for the year ending June 30, 1890, nor even
do cover the latter period; actually,
do not. The truth is, the periods
vary a great deal, some ending in March, some in Sepnally the figures
we have
seen, they
tember, some in October, some in May, some in Novemnumber which end with June or
ber, besides the large
and how he
as there are different
meeting those difficulties. Thirty-one
million dollars loss of revenue and thirty-six million
is
dollars of increase in expenditures, or a total of sixtyseven million dollars in the seven months since the first
of January, suggests the nature and
the intricacy of
essential to a correct inter-
that there should be no mis-
understanding as to the period to which they relate.
it remembered, therefore, that we are not dealing
Treasury exhibits shows what
Secretary Foster is called upon to contend
against in the management of the Treasury finances,
diflSculties
it is
pretation of the statistics
December, there being almost
as
many different
periods
months in the year. In a word,
the aggregates cover mixed and not uniform dates.
This
has
always
been
the
case,
but
Inter-State
years, before the action
of the
Commission
many companies
caused
so
in
former
Commerce
to
change
——
.
THE CHRONICLE.
170
[Vol. Ull.
The value of the statistics for purposes of comparwas a closer correspondison
with other years is impaired by the facts already
date
ence hetween the actual and the nominal
mentioned
of
as to the irregularity of the periods for
number
large
a
returns— that is,
6t the
which
returns are made, and also by some other
the
calendar
the
for
report
really
did
companies
circumstances,
to which we shall presently allude.
add
would
it
that
We need hardly say
year then.
totals in Poor's gross earnings between
According
the
to
could
they
if
compilations
greatly to the value of the
increased 94 million dollars and net
1889
1890
and
is
however
that
period;
uniform
he made to cover a
Probably were the comearnings 24 million dollars.
impossible under the circumstances.
their
year,
fiscal
there
calendar years, the
Of course, in considering the aggregates for the late parison on the basis of the actual
in net at least
heavy
quite
so
year by themselves, without reference to their relation increase would not be
unfavorable
brought
1890
months
of
since
the
closing
to other years, this qualification is not so essential.
earnings
on
the whole
net
many
cases,
statements
in
And, as said at the outset, these aggregates are servicealready
alluded
to,
statement,
own
falling
off.
Our
and
magnitude
able in directing attention anew to the
roads
covered
206
and
which
February
published
21,
extent
Take
the
importance of the railroad industry.
—
Poor finds that at the end operating 128,232 miles (four of the roads being outmiles of road in the side the United States) showed 72 millions gain in
almost
there
were
167,000
1890
of
United States—in exact figures 166,817 miles. The gross for the calendar year 1890 as compared with the
new construction for the year he finds to have been calendar year 1889, and only 14 millions gain in net
5,738 miles, but the net increase for the twelve months As regards the traffic movement, Poor's gives an
he makes only 5,498 miles. Out of this total of 166,- increase from 494 millions to 520 millions in the num817 miles, he has returns as to liabilities and assets for ber of passengers carried, from 11,964 to 12,521
163,430 miles, and returns as to traffic and income for millions in the passenger mileage, from 619 to 701
of track^aid for instance.
157,976 miles.
millions in the tons of freight moved,
and
to 79,192 millions in the freight
debt,
The liabilities, as represented by stock
now reach the imposing aggregate of over
—
and from 68,677
movement one mile
—
10,393 millions being reflecting in all cases noteworthy and satisfactory
amount of the national debt when growth.
As to the changes in stock and debt, if we are to folin 1865.
Of this 10,393 millions, 5,106
funded debt, 376 millions unfunded low the figures which Poor presents the additions
ten thousand million dollars
nearly four times the
at its highest,
millions
is
debt, 271
millions current debt, and 4,640 millions
stock.
The
gross earnings on
the 157,976 miles of road
during 1890 were a great deal heavier than those during
Thus an increase in stock for 1890 is reported
1889.
of 145 million dollars, against only 56 millions in 1889,
reporting as to that item run considerably in excess of and an increase of 277 millions in bonds, against 204
a thousand million dollars. In fact, we had a total millions. But- we can hardly accept this as reflecting
ourselves in excess of that amount in the comparative the true situation certainly not as between the calenstatement of gross and net earnings for the calendar dar years 1890 and 1889. The amounts for 1890 are
—
years 1890 and 1889, published in the
Chronicle
as
long ago as February 31 last. Poor's aggregate is 1,086
millions.
The total revenue of the United States
Government in the fiscal year ending June 30, 1891,
was 392^ millions, so that the railroads of the country
from their ordinary traffic operations earned not far
from three times that amount, and that, too, on the
extremely low average rate of 9 '35 mills per ton per
mile, being the lowest in our entire history.
That is
the average on both local and through traffic, and on
and high-class freight, and is all the more
remarkable on that account. The net earnings of the
157,976 miles Poor figures as about one-third of a
thousand millions 341 millions.
low-class
—
The number
of passengers carried during the twelve
reported at 520 millions, the tons of freight
months is
moved at 701
at 794 millions.
we may
and the revenue
Put in a form more
millions
train mileage
readily under-
say that an average of about 1^ million
passengers was carried by the railroads of the United
stood,
presumably too large and those for 1889 not large
enough, and the discrepancies probably arise through
the change of fiscal years by a large number of compaIt will ba remembered that a year ago this
nies.
changing of fiscal years had been going on to such an
extent that the Manual made special mention of it, it
being then stated that where such change had occurred,
the years as reported for 1888 and 1889 overlapped each
other, part of the new year in 1889 being necessarily the
same as for the old year 1888. In not a few instances
the change was from the calendar year to the year ending June 30, making a difference of full six months ;
and we must presume that the increase in stock and
debt for these six months was not included in the 1889
totals,
but that
it
now appears
the extent that this
is
so of
in the 1890 results.
course the amount
To
of in-
crease in both years has been affected.
In our remarks thus far we have referred to the railroad system of the United States as a whole.
The
intended to show
States every day in the year, an average of almost two the results by groups of roads, according to geographimillion tons of freight per day, while the average cal location.
This grouping of the roads is a very difof the revenue train mileage was over two million per ficult thing, and as practiced in Poor's has frequently
day.
Passengers are carried comparatively short dis- led to misconception and to erroneous deductions by
tances, while freight is hauled very long distances, and those not understanding the method of compilation.
Manual
also gives elaborate
statistics
movement one mile is in both cases prodigious, Now, however, we are presented with comparisons
the passenger mileage being 12,521 millions and the which obviously are erroneous. It is of course easy
freight mileage reaching the marvelous proportion of enough to report the miles of road according to geo79,192 millions. The mind cannot grasp figures of graphical divisions, but when it comes to dividing up
such dimensions, but it will aid to give a proper con- earnings, traffic, rates, &c., in the same way great diffiception of their magnitude to say that the freight culties are
at once encountered.
Many systems
yet the
movement
represents the equivalent of considerably run through two or more groups, and their operations
over two hundred million tons of freight hauled one for the separate groups are not given and cannot be
mile every day in the y«ar.
To which group, then, shall the system be
obtained.
ACGUST
THE CHKONICLK
8, 1891.J
171
however the question is ern group an average of 240, the Northwestern group
group gets an average of 182, and the Pacific'group an average of
unsatisfactory—one
decided
Mr. Poor's plan used 188. It is circumstances like these that furnish the
too much, another too little.
and presumably is still, to count every basis for a belief in continued development and make
to be,
credited
It is evident tliat
?
the result
is
the future bright with promise, even
where it is "domiciled."
Roads like the Burlington
& Quiucy, the Chicago & Northwestern, and others of
equal magnitude, and which clearly belong in the
Northwestern group, under this plan go into the Central Northern group (comprising Ohio, Michigan, Indiana, Illinois and Wisconsin) because they are domiThe result is that whereas the
ciled in Chicago.
operations of the Central Northern group should
reported the largest on record.
cover only 3G,944 miles of road, that being the entire
chiefly to the very free arrivals of
mileage of those States, the operations of said group in
There would
Poor's cover no less than 50,936 miles.
be less occasion for criticism if the names of the roads
a crop of
sysieni
the
in
But mark how
group
this works.
the present
if
is
not entirely satisfactory.
GRAIN RECEIPTS AT THE SEABOARD.
The grain movement is just now attracting a great
At the Western markets current
deal of attention.
receipts
are
very heavy indeed, in some cases being
wheat of
winter
The
wheat.
result
is
due
We have raised
exceptional dimensions,
and
room having
farmers are receiving a good price for the -same,
the foreign
demand
is
excellent, freight
been engaged for months ahead.
In the case of most
corn and oats, the
done.
are
still
falling
below
those
of a year ago, owing
arrivals
Aside from this, however, a new difficulty has develthe
small remnant
poor
harvest
of
1890
and
to
the
evidently
been
obliged
The editor of Poor's has
oped.
The heavy grain
to transfer some roads from one group to another, dis- remaining out of that season's crops.
arranging entirely the comparisons for such groups and receipts therefore follow mainly, as already said, from
rendering them valueless. In no other way can the the large movement of wheat.
But the outlook is for very much better crops than
discrepancies in the results be reconciled.
Here, for
embraced under each group were given, but that
is
not
of the otlier
cereals, particularly
termed the a year ago in the case of other grains too. If, therefore, winter wheat all alone has been able already to
work a great change in the proportions of the grain
Paeifle Group—
1890.
1889.
1888.
UUes of road operated
7,376
8,381
9,168
movement, evidently the change will be still more
Passengers carried
19,696,219
20,856,095
17,312,156
decided
and the imj^rovement more marked when good
Passengers one mUe
617,138,716
667,934.672
664,056,178
Tons ol freigbt moTed
10,937,953
14,307,951
12,774,662 harvests of the other cereals become assured.
Every
Tons one mUe
2,094,931,600 2,017,160,540 2,222,897,617
spring-wheat
day
nearer.
The
brings
such
assurance
G ross earnings
$53,533,403
$58,378,281
$81,300,724
Net earnings
19,070,814
20,661,169
21,512,277 crop is now almost matured, and all the indications point
Judging from this summary the amount of mileage to a production as much above the average as that of
in the Pacific group declined from 9,168 miles in 1888 winter wheat. As regards oats, it is already certain that
to 8,381 miles in 1889, and further declined a thousand the yield will be greatly in excess of the poor yield of
miles in 1890 to 7,376 miles.
But everybody knows a year ago. In the case of corn, the indications are
that there has been no falling off in the extent of road hardly less clear, the weather the past week having
in operation in that section that on the contrary a con- been just about as desired and the crop having considsiderable amount of new road has been built, and the erably advanced as a consequence, so that the condidetailed statement of mileage in Poor's furnishes evi- tions favor a large yield, provided an early frost does
instance, are
the aggregates of what
is
Pacific group for the last three years.
. . .
. . .
;
dence of the
being actually over 13,000 miles not occur to cut off part of the production.
So, too, as regards the falling off
This being the situation and the outlook, it will be
in passengers and freight and in earnings and income, interesting to note how marked in results is the differthis is at variance with what almost everybody knows to ence between good grain crops and bad grain crops.
be the true state of things. We imagine the reason We all of us understand that the indirect effects of an
for the discrepancies is found in the process of merger excellent harvest in adding to the prosperity of the farmfact, there
in the group in question
.
and consolidation
so steadily going on, diminishing the
extent of road for which separate returns can be obtained.
It is, however, unfortunate that no explanation is made
that not even a foot note is appended.
—
But while the
hardly
furnish
statistics
satisfactory
for
the different groups
comparisons
with
past
years, they are of
some value and interest for purposes
of comparison with one another.
Thus one gets a new
idea of the possibilities of growth in the remoter sections of the country when one sees that whereas the
Middle States furnish an average of 19,666 tons of
Central Northern
States, so called, have an average of only 4,018 tons,
the Northwestern States an average of only 1,516 tons
and the Southwestern States an average of but 1,385
freight per mile of railroad, the
ing interest and increasing their purchasing power or
rather their ability to supply their current needs, are very
But the direct effects in furnishing a large
And the
movement are no less important.
important.
traflSc
benefit extends not alone to the roads
running through
the Western farming districts, but also to the great
east-and-west trunk lines to the seaboard, since
over these that the grain
must pass
ket on the other side of the ocean.
as already
in reaching a
The
it
is
mar-
present year,
remarked, we have been suffering from the
effects of the short
part of 1890
crops of
last
season; in the earlier
we were getting the
benefits of the pre-
vious season's extraordinarily large crops.
the contrast between the grain
movement
As
a result
of the first
half of 1891 and that of the first half of 1890 is very
population in relation to mile- noteworthy, and serves clearly to reveal the differences
age show the same thing.
A very useful table is fur- arising out of such a change in conditions. In this
nished on this point, and from that we see that while we are referring not mainly to the grain deliveries at
the Middle Atlantic States have an average of 703 Western points but more particularly to the grain
tons.
The
statistics of
inhabitants to one mile of road and the New England movement at the seaboard.
Here for instance is a
group an average of 687, the Central Northern group statement to show the deliveries at New York of flour
has an average of only 364 inhabitants, the Southwest- and grain
by each of the various routes to this centre
.
.
THE CHRONICLE.
172
for the six
months from January
to
June
iu each of
Besides the gain in wheat, there was some gain in
BBCEIPT8 OF OBAD) AT
NBW
TOKK BY E0UTE8.
fell off
Bmh.
P.C.
Btuh.
P.C.
K.T.Cent.
8.619,561 18-76
9,5.J0.564 14-71
8.912.262 20-64
Brie
»,9«1,30<'
16,136,55'.( 24-90
Feaoa
8.848.905
6-54
7.380,974 17-09
4.822,222 11-17
D.L.*W.
1,618.431
6-09
3,548.688
trettSb...
8.897,5TO 18-93
Lehigh V.
6.3flJ,177 U-6h'
Bait.
AC.
6S5.895
658.346
Tar. RRs..
Tot. RR
BiT. & c'w.
Oanal.
Total
6-ao
8-53
4.23R.988
8,946,K86
426.067
0-86
461,141
1-07
1-43
1.012.258
1-66
480,777
1-00
6,268,912 16-32
34,»69,527'80-96
1,249,186
2-89
2,561,839
6-67
9,823,600 15-16
6,975,600,16-15
7,230,600 18-84
1000
6<.8'I5,99* 100-0
43.1P4.31S 100-0
38,412.1)31 '100-0
There has been some change it will be observed in
the proportions of the whole movement coming by the
different routes,
est at the
but that
moment.
general falling
off
The
is
chief feature
is
the large and
totals of the half-year of
1890j following the extraordinarily favorable agricultural outturn of 1889.
With the single exception of
the Baltimore
total
&
against 20,487,716
in
was but 8,130,318 bushels,
bushels,
and the amount of oats
9,880,800 bushels, against 30,543,100 bushels, the loss
on these two items thus being about 33 million bushels.
New York
This covers
At the neighboring
alone.
seaboard cities the falling off has been yet more striking.
For instance, at Baltimore, Boston and Philaof 1891 aggregate only 8,886,989
the
first
Ohio, which has slightly increased its
1891 figures reflect a greatly
of last year, the
half
first
bushels, whereas in
half of 1890 the aggregate was 40,091,834
bushels, there being hence a falling off of over 31 mil-
This, added to the falling off in corn at
lion bushels.
New
York, gives a
not the point of most inter- four seaboard
from the
coming
of corn
The
corn and oats very heavily.
delphia combined the receipts of corn for the
29,721,911 77-37
1,451.420 3-79
6,988,600 15-21
45.944.737
all.l
6»,061,72« 83-41
930,668 1-48
8,955,835 10-30
2,084,464 5-42
8-22
117
38,304,18: 83-37
051.950 1-42
8.021,476 20-S8
6.82>).395 17-78
7.00e,830' 16-22
a.396,eo3 5-56
10,533,628 16-25
8,226.684 12-70
P.C.
Bush.
P.O.
receipts of all the other cereals
—in the case of
amount
Buih.
But the
flour as well.
the last four years.
J»miarv 1
to Junt SO.
[Vol. LIU.
We have
the
than 43^ million bushels.
total falling off in that cereal at
cities of
no
less
prepared the following table to show the total
grain deliveries (wheat, flour, corn, as well as the other
cereals) at
each of the four
cities.
RECEIPTS OF GBAIN AT THE SBABOAKD.
FIrrt
HaXS
of Tear.
1890.
1891.
Bush.
P.C.
Buih.
1889.
Bush.
P.C.
1888.
Bu&h.
P.C.
P.C-
diminished grain traffic over every one of the routes.
New York 45,944.737 S8-63 64.805,994 49-45 43.18 1.313 55-2« 38.412.931 56-28
Thus the New York Central lost nearly a million Boston ... 13,320,050 17-00 16,18tf,203 I2S5 13,680,908 17-47 12.178.372 17-84
11.593.736 16-98
13.8«5,1»1 17-68
29,5^1,952 22-52
Baltim're. 11,008.601 14-04
bushels. The AVest Shore almost two million bushels, Phlladel.
6,071,476 8-90
20,548.459 15-68
7,532, 12H 9-63
8,IJG6.5«1 10-38
the Lackawanna considerably over two million bushels, Total
78,20i?,540 100-.
H8,a54,515 100-0
78,369,869 100-0 131.08o.6ii8 1000
the Pennsylvania about one and a half million bushels,
In brief, then, the four seaboard cities received only
the Lehigh "Valley almost three million bushels and the about 78^ million bushels the present year, against as
Erie over six million bushels.
The canal also lost much as 131 million bushels in 1890 that is, there has
nearly three million bushels.
Baltimore
Altogether the receipts been a contraction of 53 million bushels.
at thie port the current year were not quite 46
million and Philadelphia were especially favored by the large
1
—
bushels, as against about 65 million bushels in
1890,
being a diminution of almost 19 million bushels.
From the following statement giving the grain deliver-
corn movement a year ago, and as a consequence their
percentages of the total grain movement at the four
cities rose very decidedly then, while those of New
each year back to 1878, York and Boston correspondingly diminished. The
it will be observed that the 1891
aggregate is not only present year, with the drop in the corn receipts, the
very much smaller than that of the year preceding,
but percentages have got back again to nearly normal
also smaller than in most other years.
figures. New York's ratio for 1891 being as high as 58'63
BKCEIPTS OF OBAIN AT NEW YOEK FIB8T 6 MONTHS.
per cent, which is the best of any recent year. Boston's
ies for the first six
^««'-
months
Bush.
^5^
60.852,094
61.100.857
1878
1880..
1881..
65.082.949
62.321.049
188S..
41.070.212
of
Ytar.
1*85
67.305.361
'8^
52,469,426
188'
63,916.894
38,412,631
18SS..
52.604,898
'888
1889
•8B0
1884..
42.265,135
'8*1
Buili.
43,1R4.8I3
64,806,694
46,644,737
proportion is 17'00per cent, Baltimore's 14'04 and Phihi
delphia's 10*33 per cent. The contraction of 53 milliou
bushels in the total of the four cities represents a loss
of freight by the carriers, rail and water, of over a
Assuming that
million tons.
this
would have been
important to note that the falling off from 1890 moved from Chicago to the seaboard and at an average of
has occurred notwithstanding much larger
cents per 100 lbs., the loss of revenue involved would
wheat de- 20
liveries than a year ago.
four million dollars which gives an idea of the
be
The wheat crop last season
was short, but shipments have proved much in
improved prospects for the carriers under the promise
excess of
expectations, and for the first six months
of a large grain yield again the present season.
It
is
—
of 1891 the
New York
receipts at
were 11,071,000 bushels, as
against only 5,782,655 bushels in the
first six
months
months
DEBT STATEMENT JULY
31, 1891.
of
The following is the official statement of the United
1890 and but 1,733,326 bushels in the six
of
public debt at the close of business July 31,
States
1889.
The 1891 figures, however, can hardly be called
1891.
large, as in 1887 per the table below the
total for wheat
INTBRBST-BEARINO DEBT.
was 19,341,813 bushels.
KINDS OF GKAIN BECEIVED AT
NEW TOBK.
r«l« 0/ Loan.
Int'r't
Amoiint
Pav'U
Isaiud,
Amount
January
\ to
June S
Flour
Corn meal
Com
bblB.
bbl>.
meal
Wheat
aaclu.
Pea*
bosh.
bnsb.
bnsb
busb.
bush.
bush.
lt»lt
bush.
Com
0»U
Barley
Bje
Total grain... bnsh.
Flour reduoed to bu-b
Meal reduced to busb.
OrHod
1888.
total..
bUBb.
2,071,791
2,874,753
85,025
228,860
78,652
1«,3I4,578[ 11,770,92«
981,882;
46,944,787
837,320
64,805.994
Affsreaate exol'dV
B'ds to Pac. RR
^.^$11,507,760
»27,B81,^60
,
ToUU.
740,82?,850
483,299,750
76,267,260
I39.189.700
11,679,600
659,567,000
,030.841.100
522.661,200
87,775, 000
610,529,420
.
1250.000.000}
11.679,500'
118,9500
19341,H13
«,409,5(-9
8.561,878
9,076.700
DEBT ON WHICH INTEREST HAS CHASED SINCE MATURITY.
8,047,39
9,003,672
1,829,660
1,500,882
1,470,727
Afffframte of debt on which Interest has oeaaed since maturity is $1,613,320.
This debt consists of a number of Items of which the principal amounts are
Bailed bonds.
212,854
62.1»7,74B
217,022
4X8, F'n'dLoan. 1891 Q.-M.
Continued at 2 p.c. Q.-M.
4i,F'ded Loan. .1907 Q.-J.
4b, Bef'd'g Certiflc's Q.-J.
6,276,220
17,564,9i7
82.648,282
1887.
Outatandinif.
Coupor,.
Rfghtered.]
70,867
344,22 <
990,850
99,000
173,844
1,626,68><
2,323,944
8,332,6-22
24,7<:7,»02
41,21B,0S4
9,823,0581 12.93«,387
12,039,1142
88,068,4.36
787,820j
748,652
656,868
43,184,3181 8B.412.981
5.3.916-SB4
1
DEBT BEARING NO INTEREST.
F,«Bal-t«nder notes
W**'"?!'?!!
50,HT
Old demHnd notes
National Bink notes:
,
Redemption account
Fract oriHl currency
Less amount estimated as lost or destroyed
AftgreKate of debt beariiuina Intarest
S8,491,»7»'
$15,281,614
8,;I7
\934
^^_^^
^6.907,im^
$892,106,919
k
—
.
.
AuairaT
THE CHROMULK
8, 1H91.J
0KRTIF1CATB3 AND N0TB4 188URD ON DKP081T8 Or GOLD AMD
BItiVBR COIN AND LBOALr-TBNDBH NOTBS.
Cla—IMatlon of C*rtifica*u and Sottt.
Gold
In tin
In
Treasury.
CWculation
180.000
Correnoy o«rtltlcat*8
Treasarr notes of 1*»0.
n,8( 0.857
178
IMPORTS AND EXPORTS FOR JUNE.
The Bureau of
lUUfd.
144.004, sao lllS.71S.3tl9 |U9.7<0,2Oll
8,l»8,a46 307.tttl.114J 815,4>SU.409
eertlQciites
BIlTor oertlUoatM
Aggrenne of
. .
«7ji6B.0OO|
87,44S.riOO
48,684,078
B4,8«t.08S
the foreign
Statistics has issued its detailed
commerce
1891
and
June
30, 1891
1890,
and
and
for the six
t8a.B(>8.1«»lt493.965,B81 't547.648,703
o«rUac«te«..
July
J^un«80,
Increate or
1891.
1891.
DecreoM.
t
t
610.529.120
«
81,
For the
Forthe 6
Forlhe\2
month of monthi enHeUrnonlht ende<i
June.
June 30.
June 30.
I8W.— Export*— I>ome8tic
610,SM.4J0
1.814.708
800
D. I.S86
D. 1,080.517
1004,848,938 100e,«i06,6«0
D. 1,867,602
840.190.031
1.7,458.672
notesilS5l.!<g7.(Ml'lS4S.99fl.59t
I 5,901.870
!.ai3,S20|
399.106,818
Aggregate of Interest and noa-tnter-
and
CASH
IN
Gold— Coin
647,648,703
THE TRBASDRY.
tl74 ,091.456
6)i, 73fl.»5r-»a36,828,413
8»8 471. 384
Bars
surer dollars
Subsidiary coin
Bars
Trade Dollars, bars
Paper— LeKal tender notes (old
Issue
Treasury no* es of 1890
Gold cenlttc *i es
Silver certitlca'es
8,
Currency certitleates
181.000
5 ,»i!4,947-
ment
19S.<»45
83,406,581
21.
balances
4,
588.836
958,803—
27,137,108
Aggregate
1754,794.697
DBMAND
$1,549,506
$17,371,906
$282,906
Silver.
1.025.659
$1,308,565
Total
Excess of exports over Imports $16,063,341
Excess of imports over exports
—
367.955
1890.—Exports— Gold— Dom.
LIABILITIES.
Gold
oe-^lflcates
Silver certlflcate'
87,44\noo
6.337.779
35,0l 1,354
4,023,811-
51,368.878
Imports— Gold
IFO.O^O.O'
55,783,718
155.783.716
Aggregate
Cash balance In the Treisiry June 30, 1891
Cash balance In the Treasury July 31, 1891
Increase during the
.
5,SH'i.yH4
4.)
Gold reserve
Net cash balance
Total
Silver— Domestic.
Foreign
Total
Total exports. ...
54,994,035-1547,848.703
$754.794.6l<7
153.8l«,*1t)
I8.i,783.718
month
Silver
Total
Excess of exports over imports
Excess of imports over exports
InUrest
accrued
and not
Principal
Out-
Int. repaid by
25,885.12(1
6.303,000
Unl'n Paoiflc 27,236,518
Oen.Br. C.P. 1.600.000
portation
Service.
net earnings. the V. S.
WesLPaclUc
1,970.560
Blonz C. it P.
1,688,330
Totals
...
.64.688.512
t
t
658,283
28.958,435
84,790,796
129.486 35,877,413
31,516 9,154,773
6.860,695
136, 18 J 38,031,378
12,808,171
438,410
471.206
9.387
176,467
6,927
8,000
3,317.808
9,883
2,814,118
8,143
2,815,891
Balanct
pay- oflnter'tt
paidbi/
m'ts;5p.c.
By Tram- By cash
«
Kan. PaciSc.
$•242,283
733,476
$975,759
$4,707,123
$385,830
1,850,234
$2,236,064
$2,471,0<J1
$3,306 264
235
$18 ,246,512
17 9 65,822
$9,64!», 499
$36,212,334
6,343,
$70,484, 511
$72,
516,984
$5,123,267
$13,403,632
3.(>37,.')57
3,870,859
$8,160,824 $17,^J74,491
$8,038,019 $22,378,557
5,593,388 $12,495,372
$13,621,407 $34,873,929
$21,782,231 $52,148,420
$5,303,787 $12,943,342
_ 10 ,742.474
21,032,984
$16,046,<;61j $33,976,326
$5,735,970, $18,172,094
;
TOTAL HEKCHANDI8E AND COIN AND BULLION.
Companus.
Interest
paid by
tUmiinQ. yet paid. the U. S.
Ceo. Paclflc.
$3,731,366
$9,672, 60b| 822, ,365,666
$80,131, 010 $108, 729,288
$1,889,907
BONDS ISSUED IN AID OP PACIFIC RAILROADS.
.^ants
Of Bailway.
$3,398,916
33'2.450
Foreign
$149,720,809
315,4S".459
Currency ceriitl ales
Treaiury DOlea of 1-90
Fund for re temp, of uncurrent uatioDal bank notes...
Outstanding cbe rksHUI drafts
Disbursing oiBcers' balances
Agency accountK.
$52,072,264 $38fi,363.03« $845,293,828
1,039,086
6,04 2,251
12,584,886
Total
$53,111,350 $392,40«, 8fl $857,828,684
75,434,942 411,127.552 7^9,310^409
Imports
Excess of exports over imports
$68,518,276
Excess of imports over exports $22,323,592 $18,721,363
Foreign
Total
Total exports
Imports Gold.
888,314
rency
$39,519,914
$13,306,271
1891.—Exports— Gold— Dom. $15,811,089 $69,408, ,858 $84.,940,51^
11,311
1,052 .546
Foreign
I 423,103
$15,822,400 $70,461 ,404
Total
363,622
$891,47y
$5,973, ,.'>44] $14 033,582
Silver— Domestic
Foreign
658,033
3,699, 062 _^o; 332^M
Minor coin and fractional cur0ep(«slts in national b <nlE depositories -freneral acc-^unr.
Total
aOLD AND SILVER—COIN AND BULLION.
,C38,4M- 404,482,655
86,,788.453
II ,S0.J.tt57
34,,0OI,S2D
National blink notes
Other— Bonds, interest and coupons paid, awaiting relmbarse-
'2.fiOO,072 iJ87J.23.5,fte5
6,72S.974
12,189,840
$57,039,329 *419,a29,0i6'$884,425,408
73,451,820 432,635,317 844,905,491
Imports
Excess of exports oTerlmporta
Excess of Imports overexportB $15,912,191
19.,368.143
Si,,61t,fl70
4,
if-ll
1^15,;(.">.")
1890.— Exports— Domestic
and notes offset by an eqaal
amount of cash In the Treasury....
ertlflcates
Inol'i cert's
*,'>e.023,974
Foreign
I.
&93,«6«,785
Debt on which Interest baa ceased
officers'
:
MEBCBAKDISS,
CtauilUntion of Dtbt.
DlebutslDK
month of June,
and twelve months ending
1890, as follows
COMPARiaON OF D8BT WITH THB PRBCBDINQ MONTH.
AsKresate of debt.
atatemeot of
of the country for the
8,915,871
6.839.501
$72,726,536 $487,982,474 $971,209,666
2,184 ,699
11.480,582
21,945,027
$74,911,235 $499.46.^,056 $993.T54;693
Imports
74, 760,085 44 2,'J84,816 881,117.825
Excessofexportsoverimports
$151,150 .$57, 178,240 $i 12,036,868
Excess of import a over exports
. . .
Total
j
1890.— Exports— Domestic, ... $55,713,463 $399,525,224'$88 1 ,076,017
Foreign
2,103 ,012
14, 66.^.196
28,901,08^7
$37,818,475 .«414, 188,420 $909,977,104
Total
Imports
77,671.005 427,173.813 8:i3,2 86,73S
Excess of exports over imports
$86,690,360
Excess of imports over exports $19,852,531 $12,985,3931
1
1
2.069,424
2\«in.l77
38S.118 W.»4I.S71)I
1,839,678
2.604.751
1891.— Exports- Domestic.
Foreign
«^ .vw
"jq^
IMPOBTS AND EXPORTS BV PRINCIPAL CUSTOMS DISTRICTS.
Condition of Philadklphia National Banks.— Through
the courtesy of Mr. E. S. Lacey, Comptroller of the Currency,
we have received this week aa abstract of the condition of
the national banks in the city of Philadelphia at the close of
business on Thursday, July 9, 1891. From it and from previous reports we have prepared the following, which covers the
and May
results for July 9
4, 1891,
and
for purposes of
parison the figures for last year (July 18) are given
PUIL.ADRLPHIA,
JuJi/9.
"W-
Number
"
Reeourceefl£5S'.*S? "1''*^"°''' '""'• »^«''"1™"»
tK5%>™™'',5''
TiSS
K^S
r®"*.!^* *?1°''^
B^nkl^J^rSJi','"".?*"**"..
S?hr.-5 i^"!®-.''"'"""™ »'«' Sltures....
iv,M,.^?^.'?i*'* .;-.;
'' ,™'''!1f*'*'
ailior !^ ?
I^fl.i;!^ ""'?""'""?"*" ,i--i
.i*"^',""<l'"""'«*'^''»'"'ePO»"-nn?.„.
Ulils
or other b^nhs
•-•
o,?™'^,'!'"'"
''"" ''''''^'"'
H""'®
p,I^i,
"^Pt'^J ?^"'"*''«*
''°'"*''
ofhS.
utner ,IS.;"iii.=*resourcee
»»'<1
.''"»'»'
$87,881,316
8.388,025
8.586.673
com-
^f
**
JulylB.
IfS"-
*°
rw";
nw?i„
'"}!'" .'?j--
I'"
••„•
"'""'•
.?'"' ""1".*''''^
""'rV""""*
Inrt 2^.1'.","."'^'?.
Oth«r .i^^,^"^"*
Dd«.„k£?S'"
iV--
NM-T.i^H^iSn""'"^.''*"
notes
and bills payable.
"^^^
Baitlmore.Md
Bost. X Charleat'wn.Mass
BuiraloCk.N.Y
Chariest 'n,S.C
Chlcago.lll...,
$i66il[9r,202 $161^54,620
dan Kran.. Cal
Sarannata, Oa.
$28,808,000
Wlllamette.Or
Wilml'gn, N.C
249841
7,406.979
801,186
SIS4.794
$82,958,000
$3.3,708.000
1\5I3,771
16,313.074
2,364.505
137.112
89,931.706
866.812
22,819,897
2.321.300
142.753
85,615.041
692,987
19,923,917
153.300
$147,121,069
123,U6
14,81).3,73,'-.
2.291.660
72.820
86,680.890
592.640
22,742.910
2.32,435
$166,194,202 $161,254,620
38.1.U17
5l.7ii3
1.348.87i
176.W6
$147,121,069
8.297.373
322,568
12,760,633
8,836.500
6.462.688
t
4.189.956
6.863.082
49,483
305.149
2M0.183
564,6jl
281.585
26,996
94.006
146.048
UHw'kee.Wls.
Exporte.
8.997,824
311,093
Detroit, Mich.
Ouluth, Minn.
0«lvest*n,Tex
1891.
$
2,074,574
Clnclnnarl.O.*
1.180.367
7,70.3.356
June
Imports.
$92,839,655 $94,694,472
7,590.139
7.350,608
10.091.102
11,873.170
7,833.3,^3
8.657,868
,3.«53.6<!8
3,481.336
27a.780
304,033
8.li67,9U
13.70r.H«4
1.774.460
1.637.662
6,96.i.n62
6,322 572
2''"' 318
217 631
0,Un!896
7,677;028
348,621
587.312
313,216
876,328
940,751
947.904
LiabiHtUs—
sU?),'.?,' "'^'S''
TEICTS AND
POHTS.
Cbampl'n.N.Y
:
May*.
IHPOBTS.
.TSTOUS Dlg-
566,016
214,363
5,919
15.787
Sl.liSe
36.3411
4.532
2,a38,466 4.516.512
.Sew York,N.Y 48,84«,e01 88,3'8S,4U1
8.-U5
Niagara. N.Y..
ifiO.Kil
Mlnn's'a,Minn
Mobile, Ala,.,
New
Orl'ns.La
Norf'k,Va.,Ao.
163..S51
Oregon. Oreg..
OBwega'le,N.Y
Oswego. N.Y.,
130.778
285,.^7»
13.79U
284.703
843.509
Phlladel'a. Pa.
7.307.r/,J6
*,849.42l
Portld.4c,Me.
56.541
243,624
40.141
80370
4,l«0,H.^l
2.66;), 165
3t, I.oals,
Mo.
San Dlego.Cal
Vermont. Vt..
1,258
19.**)
67.914
4Hb.040,
706,899
357,687
178. <as
49e,9'ta
19,618
108.617
Totah,
(in
eluding ai
Oth'r KIsts.) 78.451,590 57,589389 844.906.491 7S9.310.409 S84.425.406
Remaialngln warehouse June 30, 1890
Bemaiulng In warehouse June 30, 1891
fS7jaB,»94
$42,978,208
26,«62,SaS
THE CHRONICLE.
174
mand
[VOL. Lin,
tor the metal for India,
speculation in
it
and there
is
exceedingly
little
here.
The suspension of the English Bank of the River Plate, the
deepening of the crisis in Portugal, the reported failure of the
London, Saturday, July 25, 1891.
crops in Russia, the drought in India, and the apprehension
not
has
Plate
River
of difflcuties in Berlin and Paris at the approaching
the
of
Bank
English
the
of
failure
The
might have settlements, have all contributed to paralyze even more than
afiected the money and stock markets as much as
In Europe it
been expected, for it was known to be in serious difficulties previously business upon the Stock Exchange.
serious failures will follow
ever since the run upon the private banks in Buenos Ayres is hoped, as already stated, that no
almost
nearly two months ago. The well-informed, indeed, were the suspension of the English Bank, but it is thought
failures,
while
commercial
in
some
be
must
assistance
inevitable
there
to
get
that
endeavoring
aware that the directors were
London, Paris and South America. For a long time it was there is much anxiety respecting the consequences in South
hoped that they would succeeil, and that the Bank would be America. The manager of the bank at Montevideo asserts
would seem that a run on
able to liquidate quietly, but at the last moment the refusal of that-his institution is solvent, but it
holiday has been ordered
three
day's
it
for
a
in,
drawn
upon
the
banks
has
set
bills
accept
Bank
to
River
Plate
&
the London
by the Argentine Government, unless the English Bank of the by the Government. Little intelligence has been received
Eiver Plate immediately paid other bills of the same Govern- from Buenos Ayres during the week, which is not altogether
iment held by it which were soon falling due. made it impossi- a good sign. The premium on gold has advanced to nearly
300 per cent, but whether that means a further run upon the
-i)le to get the assistance.
No serious consequences from the failure are apprehended banks there is nothing to show.
As regards Russia, if the harvest is as great a failure as the
in Europe. The Bank's latest published balance sheet bears
date last September, and gives us no information therefore of latest telegrams indicate there is sure to be much distress
the actual situation but it is generally believed that the liab- throughout that country, and perhaps financial and commerA serious fall is already going on in Russian
cial difficulties.
ilities have been greatly reduced since then, and now do not
^exceed 5 millions sterling, half in Europe and half in South rouble notes in Berlin, and as the speculation in those notes
America. It is believed also that about half the liabilities are is very large in that city it is feared by some that there may
deposits, nearly equally divided between London and South be trouble at the Bourse settlement next neek. Further diffiAmerica, and the other half consists of bills and acceptances culties in Portugal, moreover, might affect severely some of
of the Bank. The general impression is that the acceptances the great banks in Paris. Unfortunately investors even in
in Europe at all events are held by powerful institutions this country hold a very large proportion of the older bonds of
which will not be materially affected. And the European Portugal. It is commonly estimated that the holdings here
[From our own correspondent.]
;
depositors are private persons,
and therefore the lock-up
will
not affect the money market. There is still an uncalled
capital of three-quarters of a million sterling, and as the
shareholders are nearly all wealthy, there is no doubt that the
money will be paid up promptly. The capital, called and uncalled, amounts to a million-and a-half sterling, and ther^ is
a reserve fund of £450,000. The capital and reserve, there-
amount
'fore,
to nearly 3 millions sterling,
and
it
is
hoped
are not less than 80 millions sterling, but the latter issues
have not been taken in this country. They are held mainly
upon the Continent. Some few of the financial houses in
London are interested and
indirectly others
may
suffer,
but the
Paris banks suffer much more. Tlie market for Inter-Bourse
securities is unsettled and anxious, and the best judges are
looking for a continued decline even if there is not a shard fall.
Naturally South American securities have fallen greatly'
The shares of the English Bank of the River Plate, of nominal
that the losses will not exceed that amount.
The first result of the Bank's suspension was an advance in amount of £30 with £10 paid, were quoted in February last
the rate of discount in the open market to 2% per cent, but year at 11%. Since then they have been steadily declining'
the rate has since fallen to about 1% per cent. This has been On Thursday last week they were down to 6. Late on Friday
caused mainly by the re-payment to the Bank of England of afternoon they fell to 1, and this week the holders have been
three-quarters of a million sterling in gold which was with- offering £5 and in some cases £6 to get rid of the liability of
drawn last week to be sent to Russia. The Russian Govern- £10 upon them. The shares of the London and River Plate
ment by telegram countermanded the withdrawal and ordered Bank, a much stronger institution, were as high on Thursday
the money to be invested in Exchequer bonds. It will there- of last week as 28. This week they have fallen to 30. There
fore not be taken, and at present it is understood that no gold has been a heavy fall also in Argentine railway stocks of from
will be sent to Russia this year. The reason generally assigned 5 to 10, and in Argentine Government bonds of from 3 to 5,
is that the Russian harvest will be so bad that the Government while Uruguayan bonds have fallen about 6.
will need all the balances standing to its credit in Western
On the other hand consols, Indian stocks and Colonial
Europe to meet its foreign engagements during the next twelve stocks have somewhat recovered, and English Railway stocks
months.
on the whole have remained fairly steady. In the American
The price of silver rose from 455^d. on Monday and Tues- market there is absolute stagnation. The quotations are quite
day
to 46i^d.
on Wednesday, owing
to large
buying orders
for
Portugal and Spain, but fell yesterday to 45Jgd. per oz. The
Portuguese crisis has become so acute that practically coin
cannot be obtained. Since the beginning of the year about
4 millions sterling in gold have been shipped from Portugal to
London, and more is being ordered— an enormous amount for
so poor a country as Portugal. At the same time the usual
remittances from Brazil have not been received
consequently gold has risen to a premium of about 15 per cent.
;
Silver
is
likewise so scarce that
and there
it is
at a
premium
of ten per
a premium of 7 or 8 per cent on copper.
Naturally bankers and money-changers are accused of
causing the premiums by their speculations, but though of
course
cent,
there
is
is
speculation the
premium
is
really the result of wide-
spread distrust at home and of the deep indebtedness of
the
country abroad. There are fears that the distress of
the
working classes and the failures that are following each
other
in quick succession may lead to political disturbances, espec-
The monarchy is discredited and the Republican party has been gaining in strength ever since the
Brazilian revolution.
ially in Oporto.
The Portuguese demand for silver will necessarily continue,
the Government can find the means to pay for it, and
if
there is no revolution. There is also a strong Spanish demand,
as the
bill
Bank of Spain to double its note
now become law. But there is very little de-
authorizing the
circulation has
a few hundred shares would move
the market. The public is holding quite aloof, and speculator*
are too uncertain to venture upon increasing their risks.
Readers will bear in mind that the members of the Stock Exchange consist of two classes, brokers who act for the public
and jobbers who buy from and sell to the brokers. In ordi-
illusory, for the offer of
nary times the jobbers are ready to either buy or sell any
quantity at close prices, but in times like the present they
protect themselves sometimes by refusing absolutely to deal,
and sometimes by putting down quotations. Just now they
are as a body quite unwilling to deal. They fear to buy because they doubt whether they could sell again and they fear
to sell because they expect an early revival of business in New
York and a difficulty, therefore, in getting stocks.
The reports of the London banks have now all been published and they show an increase- in the cash reserves compared with this time last year of about 1% millions sterling.
Compared with December, however, the increase is only
about £130,000. It will be recollected that the London bank
have promised the Chancellor of the Exchequer to publish
from this date forward monthly reports showing distinctly
the cash held by themselves and standing to their credit at
the Bank of England. It was generally expected that they
would have increased their reserves much more than they
have in fact done, and the reports therefore have caused soma
;
disappointment.
AucrosT
i
:
.
IHE CH RON J CLE
18»1.]
8,
175
Supplies available for consumption (exclusive of atockadk
Tlie railway dividends coming out are also disappointing.
Nine have already been declared. Three of these show a September 1):
1890-01.
1880-90.
1888-89.
1987-88.
falling off compared with twelve months ago of 1 per cent Importsof wheat.cwt,S 1,402,81)7 50,412,740 52,844,505 43,112,336
of
flour
Imports
14.200,271
15.015.270
12.733,918
ie,488.0VD
two
show
an
in.
Only
cent.
and four a falling-off of }>i per
SalM of home-grown. 32.441,M70 42,U0U,()00 32.93.1,377 39,893,00S
It ia also noteworthy that for the first three weeks of
crease.
98,141,lDj 108,337,016 98,593,830 99,493,43»
Total
traffic
of
17
of
the
pringoods
in
the
July there is a decrease
1800-91.
1889-90.
1888-89.
1887-38.
cipal lines compared with the corresponding period of last
Bnglish wheat, per qr.—
week
3.1.
price,
33s.
33«.
lOd.
Average
20s.
higher,
44.
still
but
the
increase
32R.
are
is
oa.
receipts
gross
year. The
Average i>rice, season.. 34s. lOd.
308. 7d.
30a. lid.
30i. rd.
entirely in passengers. For the first time for several years
The following shows the quantities of wheat, flour and
there is a considerable decrease in the goods traffic.
afloat to the United Kingdom
maize
A.lthough the weather this week is wetter than is quite
This week.
Last week.
1S90.
1889.
desirable, the temperature is still high and the crops promise Wheat
qrs. 2,000,000
l,i)lH,(K>0
2,241,000
1,519,00»
221.000
equal
to
qrs.
247,000
Flour,
2:^0,000
199,500
exceedingly well. The wheat market therefore is very quiet.
qrs.
401,000
499,000
824,000
512,50»
The rates for money have been as follows:
Interest altowtd
Optn MaTktt Bate:
1
London
Bank
"
••
M
8 i'4 lHi»10 «H 1W9
17 «« irtai
«!io
j4 iH 2
»H»
- l«9-«}<«- 1K®2H 9
(8«X
,
jvm
H
«M®3
1
London,
Dayt.
IH
IH
- !»(ia - iii»m KimiH »H®- ««» - «Mas SKISS s aSH
EnjEllah Flaaoelal .llarlcets— Per Cable.
The daily closing quotations for securities, &c. at Londor»
are reported by cable as follows for the week ending Aug. 7 :
At TtoU
fall.
iVlfl
a-
..
Joint
Stock
six
ilnnfu Hontlu SlonOu Montlu Bank$.
1«»- 1>*»-«M«- » OS tMas tH&»
ma - tii» - 1M<»«M i asH 2M«S
a
Wk
DUe't
m» -
1» S
M
Four
IfirM
Six
CV>ur
Thrtt
>[nnt)>s Stontlu
Julj
Trade B«I<.
BilU.
1
S{
Jane
for dtj)otU4 bv
1
-I
1
H
H1
-1
9<'l
-1
-1
The Bank rate of discount and open market rates at the
chief Continental cities now and for the previous three weeks
have been as follows:
Rata
July
21.
July
10.
"
Bank
Ovtn
Ratt.
Market
3
2H
3«
Paris
B«rlln
Bank
Rate* iMarket
Hamburfr
Frankfort
1
Amsterdam....
Bruuels
Vienna
3
3
4
PeterBbnrg.
Madrid
3
4
4
4
2M
SH
SH
SH
Open
Rate. iMarket
3
Rate.
afark<(
SH
4
4
3
3«
3H
3H
2H
3
i'A
4
4
s%
3
3
4
2W
8«
3
1
B«
4
6«
IH
2H
3H
3H
4
nom.
4
4
4
4
3«
6}<
nom.
4
2<1
cons
Sorfolk& Western, pref.
Northern Pacific, pref...
Pennsylvania
Philadelphia & Reading.
anion Paciflc
Wabash, pref
S
4
8
4
Op«n
4
3
4
4
Bank
2^
2»
S«
nom.
i
4
Copenhaaen....
Bank
Oven
Lake Erie & Wesfn
do
3.
0/
Inttrat at
St,
July
17.
nom.
4
4
4
Messrs. Pixley & Abell write as follows:
Gold— The Bank has received during tlie week £1,110,000 gold,
Tttet.
IWed.
rAur*.
Ftt.
457g
45%
45%
951618
951»ie
95liifl
06
|
N. Y.
Jidu
Hon.
Sat.
di 46iig
46>«
Sllver.peroz
Con8ol8,ncw,2% percts. 9^H
9513,,
95i8|
do foracconnt
953i
Fr'ch rentes unPari8)fr. 94'80 94-67 Hi 9500
!l02i!i
103
U. 8. 4i2S0f 1891
119i<j
1119%
U.S. 43 of 1907
~
8238
Canadian PaclHc
821a
6418
63 >2
Clilc. Mil. &.St. Paul...
9613
oeia
Illinois Central
112
llOHi
Lake Shore
7138
Louisville*; Nashville.
701d
70 1«
Mexican Central 4a
70%
g
101
Hudson.
lOlia
&
N. Y. Central
19
18%
99%
o
W
4814
181a
100
4814
62
63
51«9
131a
41>9
5138
13i«
42^8
23
22%
96
95-12la 95-27ia'95-2," i«
103 12
103
1031a
119% 119%
1191a
823a
83%
821a
64 14
6518
63%
96ia
97
97
IIII9
112
Ill's
70%
70%
71 14
701a
10113
7013
IOII9
1858
9i»%
101 >•
181a
100
48
62
5II4
133a
4078
221a
47 13
62 13
70%
18%
00%
5II4
13=8
4078
4838
62»8
5138
13i«
38I9
22%
22%
©tfmmcKclal uud ||Xl3ceUaue0tt5 %j^vfs
National Banks.— The following national banks have
recently been organized
:
4,605— The National Bank of the Republic of Chicago.
tal,
$1,000,000.
John
B.
Illinois. Capi*
.ualler.s President; William W.
BeU, Cashier.
chlellj-
4,606— The American Eichanje National Bank of Lincoln. Nebraska
Capital. *200.000. Isaac M. Raymond, President Silas H,
arriving from Russia and Aiistralia, and £100,000 has
been withdrawn
tor Holland.
Arrivals— Australia £260,000; Hong Kong
4,607— The Commercial National Bank of Huntington, West Virginia*
Capital, $100,000. (i. N. Biggs, President; W. B. Prickltt,
£53,000.
India £21,000; Alexandria £1,000; Cape £15,000; New
York £3,00o!
SUver-Following the American drop in price, silver on the 2l8t fell
to 45S8d., but rose next day, on strong buying
for Spain, to 46isd., at
which it closes weak to-day. Arrivals—Chili £34,000;
New York
;
Buruham,
Cashier,
4,608— The First National Bank of Gaithersburg, Maryland, Capita',
—, Cashier,
$30,000. Upton Darby, President;
4,609—The First National Bank of Tabor. Iowa. Capital, $50,000. Ft
C.
*6,000.
Mexican Dollars— Mexican dollars continue at l'4d. under
there being no demand aa coin. ArrivalsNew York £24,000.
silver,
The quotations for bullion are reported as follows:
OOLD.
London Standard.
JuiKia.
d.
».
July
».
SILTIR.
23.
July
London Standard.
18.
July
23.
li.
Bar gold, line.. ..01.
Bar gold, contaln'g
77
lOH
77
gOdwts. silver.. 01.
Span. doubloon».oz.
B.Am.doabIoon8.os
77
IIX
77 11}<
mi
10« Bar Bllvar
oi.
Bar silver, containing 6 grs. gold. .oz.
Cake sliver
Mexican dols
oi.
49M
oi- 45
The following return shows the position of the Bank
:
ISill.
1890.
^"'"'on
Jrnbllc deposits
Other deposits
Oovemment
sccarltlea
Other securities
Baeerve
_.
Oolnand bullion
Ftop. assets to llabllltle«.per ct.
f^"«
July!S3.
1889.
July 24.
1888.
July
25.
£
£
26,190.770
25,014,015
25,096,935
24,732,040
4,123,218
3,739,508
5,423,412
4,181,833
38,789,419
27,58l,Sl.'i
£
14.603,257
30,720,495
20,214,923
26,685,904
12123 00a
29,89b"648
22,712,013
20,313,911
19,053,505
17,263,288
12,272,095
20,838,110
13,731.010
22,628,946
12,.330.575
27,001,058
43
3815-16
m
37J<
Johnson, President
;
L, J. Nettletou, Cashier.
Imports and Exports for the Week.— The imports of last
week, compared with those of the preceding week, show an
increzise in dry goods and a decrease in general merchandispi
The total imports were $8,940,589, against $10,155,8.59 the preceding week and $9,175,136 two weeks previous. The exports
for the week ended August 4 amounted to 5,979,446, against
$7,184,772 last week and $6,373,595 two weeks previous.
The
following are the imports at New York for the week ending
(for dry goods) July 30 and for the week ending (for general
merchandise) July 31; also totals since the beginning of the
first week in January.
of
England, the Bank rate of dUcount, the price
of consols, &c.,
compared with the last three years
JiUV 22.
Cashier.
17,666,679
20,862,615
3BM
2M
99^
FOBEION IMPOSTS AT
ror Week.
Dry Goods
Sen'l mer'dise.
Total
SliueJan.
1888.
MSW TORK.
1889.
1891.
1890.
$2,707,515
6,233,074
$2,881,954
6,897,425
$3,572,611
8.387,994
$8,104,068
$9,779,370
$12,160,605
$8,040,589
$78,639,149
206,039,310
$81,723,140
219,478,609
$95,144,378
230,418,726
$71,661,191
244,711,010
t2,850,316
5,313,752
1.
Dry Goods
Oeii'l mer'dise.
Total 31 weeks. $284,078,459 $301,201,818 $325,563,104 $316,372,201
In our report of the dry goods trade will be found the
one week later.
The following is a statement of the exports (exclusive of
113,894,000 112,882,000 114.0iW,000 107,423,000
.pecie) from the port of New York to foreign ports for the
The following shows the imports of cereal produce into the
week ending August 4 and from January 1 to date
United Kingdom during the forty-six
weeks of the season
BXPOBTB FBOM HBW TOBK FOB TBS WBEK.
compared with previous seasons
pereu
Oonsnis 23^ per cnet
Cearlnx-Uouse returns
95 13-18
4
08 6-16
98 9-16
tnports of dry goods for
:
:
Vlieat
*«er
0»t8
Peas
Beans
bdian
Flour
,
corn.!
,
IMPORTS.
1890-91.
1889-90,
1888-89.
1887-88.
.CWt 51,4i(2,8«7 50,412,740 52,884,503 43,1I2,3.S0
15,496.714 13,632,441 17,418,812 17,714,82.5
14,003,377 11,047,373 14,782,387 15,025,069
1,817,223
1,0-27,865
2,084,231
2,791,231
2,755,031
3,044,978
2,811,688
2,475,775
26,696,800 36.905,839 27.413.307 21,155.061
14,206,271 15,015,276 12,733,948 16,488,099
For the week..
Prev. reported.
1838.
1880.
1890.
1891.
$5,217,082
167,915,141
$0,764,594
195,800,195
$5,843,745
192,801,719
$5,979,446
203,037,329
Total 31 weeks. $173,132,223 $202,564,780 $198,645,464 $209,016,775
ThefoUowing table shows the exports and imports of specie
New York for the week ending August 1 and
at the port of
:
.
;
TOE
176
rinoe Jan.
and
1,
1891,
CHUOiVtCLE.
for the corresponding periods in 1890
and
:
:
fvoL. Lin.
and the increase or decrease during the month
also
redemption of bank
notes up to Aug. 1
1,
;
the changes in legal tenders held for the
1889
NEW TORK.
EXPORTS AND UCPOBTS OF SPECIE AT
Imports.
Exports.
National
Gold.
$37,044,384
16,546,583
17,031,577
2,582,217
$31,572
9,205
1,527,310
25,500
ete&t Britain
France
Germany
West Indies
'
Mexico
South America
I
All 9tlier oonntries..
]
$277,658
338,715
636.387
655,632
29,602
141.843
427,946
$24,125
300
827
4,538
$29,840
31,185
10,643
$31,572 $74,766,776
6,539,5641 16,522,678
Total 1891.
Total 1890.
Total 1889.
Shice Jan.l
Week.
Since Jan.l.
Week.
163,586i 46,135,054'
$2,507,783
5,450,514
4,483,623
Amount outstanding Aug,
Germany
$6,923,393
407,584
$87
216
243.743
43,000
429,747
88,535
West Indies
Mexico
Boutti America
All other countries.
Total 1891.
Total 1890.
Total 1889.
$55,000
613,800
525,851
Since Jan.l.
Week.
Since Jan.l.
;$55,000
1,981,355
1891*
1,
614,965
$168,421,722
Legal Tender Notes—
Amount on deposit
notes July
to
redeem national bank
1891
1,
Amount deposited during July
Vmount reissued b'nk notes retir'd
<St
$40,584,966
$142,100
in
July
2,012,584
1,870,484
Amount on deposit to redeem national bank
notes Aug.
*
Week.
$167,806,757
$2,596.'^20
1,
1891
$38,714,482
Imports.
Exports.
Silver.
Great Britain
Trance
^
Bank Notes—
Amount outstanding July 1, 1891.
Amount issued during July...,,...
Amount retired during July
20,632
100,309
368,583
299,911
459,848
$490
'4,009
$8,136,218
12,050,381
11,838,971
$1,249,370
3,397,261
909,443
$4,499
24,059
13,941
Of the above imports for the week in 1891 $3,400 were
American gold coin. Of the exports during the same time,
f7,822 were American gold coin.
GovKBNMENT Kevenuk AND ExPENDiTUBES. —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 obtaia the figures for previous
months, and in that manner complete the statement for the
seven months of the calendar years 1891 and 1890.
RECEIPTS (0008 omitted).
Circulation of national gold banks, not included aboye, $120,537.
According to the above the amount of legal tenders on
Aug. 1 with the Treasurer of the United States to
redeem national bank notes was |38,714,43'3. The portion of
this deposit made (1) by banks becoming insolvent, (3) by
banks going into voluntary liquidation, and (3) by banks reducing or retiring their circulation, was as follows on the first
of each of the last five months
deposit
Deposits by-
April
Kay
1.
June
1,
July.
1.
August
1.
1.
"$
944,273
5,587,752
[nsolv't bks..
Llqiild'g bks..
8'i8.231
850.263
82
!.6fl2
765.870
5,603,340
5,555,3aj 5,4:0,(>05 5,355,551
Bed'c'g undr.
act of '74..* 39,091,747 37,851,483 36.439.861 34,311,6')9 3 '.,593,061
45,623,772 44,323,054 42,815,71'; 40,584,966 38,714,432
Total.
•
Act of June 20, 1874, and July 12. 1882.
ComAGE BY United States Mints.— The following statement, kindly furnished us by the Director of the Mint, shows
the coinage at the Mints of the United States during the month
of July and the seven months of 1891.
Seven Months 1891.
July.
Denomination.
Value.
Pieces.
Oonble eagles..
Gagles
Salf eagles
Three dollars...
Quarter eagles
70.000
9.000
22,000
Value.
Pieces.
1,400.000
90.000
110,000
732,425 14,648,500
107,4-<7
145,621
1,074,870
728,105
"3,'543
8,857
Dollars
Total gold
y^y?."!' """"i deposit fund included
1>*:<-«.145.
C|3»l>,b3».
AfX^.^''*"-
9H42,10U.
d $580,600.
MauS.ToO.
e 1123,120.
/ 189,900.
Standard dollars.
Half doUars
Quarter dollars..
Dimes
Total silver.
DI8BUR8EHEKTS (OOOS Omitted).
101,000
1,600,000
989,076 16,460,332
976,000
976,000
18,654,2153 18,654,263
15:i,l5)
76,575
2,000,000
200.000|
2,976,000
1,176,000
1,592,003
79,600
8,253 100
412,970
4,3"46',6o6
43,40o' 22,391 40)
223,914
I
701.350
9 026.466
175,088
902,647
28,534,229 19,808,573
I
Plve cents...
Three cents.
One cent
1891.
omt-
Pen-
Premr Total.
iums.
iTt-
Pen-
Ordinary.
nary.
terest.
~i~
*
~t~
~~t~
In-
'Prem-
Jofoi.
Total minor
..
5.932,000
123,000
"i~
Total coinage.
9,00«,000
2,899,000
SiOfM. terest. iums.
~»~ ~r\
~t
Jan
Feb
a20,00e
1,C81
2,851
23.931
15,680
2,176
M4,0j5
17.811
9,924
10,228
957
9,518
31.726
31,492
618
C21.87S:
360
702
1.3,681
March..
S,8S2
1,339
2,095
17,512
April... d22,7i2
2,365
25,331
13,938
9.6 IS
5.861
Hay.... e20.93e
Jane... /18.46..
264
8,519
18. 122
29,908
12.593
489
3,781
1,514
July.... 923,231
13.663
2.8-^3
29,772
13.394
35,903
9,388
39,720 hl4,903
674
811
222
14,863
7.232
2,054
39,052
17.925
60,821 24,6a»
Tnios.. 138,681
817
718
69,U7S IU.126
li
87,451
%'.'?,''I '"'"'' redemption (ond Included :—
t «2.<!7«.3»0.
C$2,440,204.
..i'A^'"!,'''*"'-
/»2,a7W«.
i,»1,«j8,6.7.
ht3J6,7M
7,916
2,0
,<tf 1.540.086.
25,060
27.287
U. a.
DtieHption of Bond*.
Onrreooy 66..
*« per oenta.
4 per cents...
2 per cent*...
Total
—
the
BalancesKeceipts.
Payments.
8.899 181,510
« $2,081,758.
bank circulation and to secure public moneys in national
bank
depositaries on August 1.
We gave the statement for
July 1 in Chronicle of July 4, page 11, and by
refer-
made during
Dnited States Sub-Treasary.— The following table shows
and payments at the Sub-Treasury in this city, as
well as the balanees in tlie same, for each day of the week.
the receipts
14,863
BONDS Held by National Banks.—The following Interest
tag statement, furnished by the Comptroller of the
Currency
hows the amount of each class of bonds held against national
ring to that the changes
638,884
60,174, 1"5 36,905,789
27,858
$
'
30,650.,800
Aug. 1
"
3
"
"
"
«
$
1.922,178
6,802,867
3,123,325
2,895,318
3,349,799
2,975,158
1,844,317
6,780,670
2,606,150
2.30l,9B4
2,896,188
3,230,531
21,068,615
19,659,820
4
5
6
7
Total
$
Coin
Coin.
Oert's.l
$
1
Currency,
$
20,371,933' 25,4'4S,871
2li,4i7.294 25,266,254
20,292,161 25,939,995
20,06-', 825 20.344,710
20,938,603 26,277,845
20,899,19 71 26,037,080
91,802,249
91,831,722
91,930,28S
91,74 i,264
91.992.962
92,017,760
1
1
—"We
present in our advertising columns to-day the 37th
semi-annual statement of the Guarantee Company of North
As will be seen, it shows assets of $744,403, with a
surplus to policy holders of $574,503 and a surplus to share-
month can be seen. America.
Bondt Held Aug.
\,
1891,
to
Becur t-
Bank
Bubiic Depotitt
in Bankt.
Vireulation.
TotaX Seld.
$1,903,000
2,095,000
19,46 l.SOO
8^3,000
$8,700,000
16,772,650
114,674,050
5,942,950
$10,603,000
18.867,650
131,138,550
6,825,950
<I24,345,6Q0
$146,089,650
$170,435,650
holders of $369,803.
The statistics of the company report
that nearly a million of dollars of claims have been paid to
date, thus showing that a most practical worlf has been done.
Mr. Edward Rawlini^s is Vice-President and Managing Director,
and Mr. D. J. Tompkins Secretary, with olflces at Montreal,
Canada, and at 111 Broadway.
&
—Messrs. N. W. Harris
Co.. of this city, Chicago and
Boston, offer in our columns tD-day a large line of selected
city, county, school, water, and street railway Ist mortgage
bonds. Full particulars will be furnished upon application.
Investors should give this notice their immediate attention.
Chanoks in IjEOal Tenders and National Bank Notes
to
Ado. 1.—The Comptroller of the Currency has furnished
Taintor & Holt offer to investors the first mortgage 5 per
OS the foUowing, showing the amounts of national
bank cent gold bonds of the
Cleveland City Cable Railway Co., due
iiotes July 1, together with the amounts outstanding
Aug. 1909. The road is completed and in
—
operation.
:
AuousT
ITTE CHRONlCLfcl
1891.]
8,
The movement
of breadacuifa to
market
indicated in the
is
statement below, prepared by us from the figures of the No^
We first give the receipts at
Fork Produce Exchange.
Wtweorn lake and river ports, arranged so as to present the
comparative movement for the week ending Aug. 1, 1891,
and since A.u«iust t, for eaoh of the last three years:
lUeHpU at—
OaU.
WUmr.
B^u.l^»«^•;B«•ll.(Kll^ imuh.ixih
OhMaso....
Barl«v
DlM^SSIIi
Btuh.*»
5.'
flu.
'
73.125
13.370
8,9oa.n40
l,dl8,d^3
1,187.800
S,683
877,4.11
1*7.000
1$,1»)
49,000
9,100
17,840
a4.3aa
60.4 IS
S10
I.78«,»38
88.983
47.010
91,644
S.099
408,818
83,116
20,600,
10.3«8^
89.137
1,1M,986
378.885'
66,857
83.930
351.660
3,»93
s.ooo'
94.100
187,9Mi
393,00(1
5,500
154,058
7.013,491
1.978.8H3
«k.-»0.
191,013
3,758,1138
3.387.733
3 473.611'
wk.'89
3a0,3'i4
3,808.373
2,337,503
1800-Sl
10,419,78* 135 075.441 103,88S,»^56
1880-90.....
It3<M.H43 I1U059
MUwrnnkM.
Dolnth
MlanaapolU,
BESOURCES.
„
^
^
Bonds
and
J«n« 30,1890.
_^
Amount loniirdonoollntcrals
Amount luuiif^d on iwrsonal securities.
Due from banks
..
Paorla....
t(tU4 AUf.
28.36:1
Total
9,691,0 11
Below are the
Western lake and
39«<
183 307.655
83.8S5.3U1 .33.846,659
1
rail
895.45 S
3.332.675
1S.883
70.847
1,615,559
38.444
40,033
94,137,053
97,B85.81»
88.431 184
98,130,628
8,.36'S,R5»
81.337
Wtek
Week
260,566
Aug
239.378
Xhi. 2.
247,832
Aug. 3.
255,716
bush.
686,907
453,195
410.605
713.796
7.19.769
382,.505
.......
1,103,709
1,420,583
893.022
S),29«
8, '•34
8,-i6S
22,249
22,547
22,535
9,571
2,275,358
2,602,313
2,020,146
1, ,502,215
.
Obm...
OaU....
1884.
Week
bbls.
.
Wbaat.
83,816.873. 84,978. lool 4,813 003
river sorts for four years:
1891.
1893.
1889.
Week
..
4313 805
shipments of flour and grain from
Aig
Barter..
Bre
ToUl.
1.
4.
4M,03.T
219.K55
779,8^2
9,132
The receipts of flour and grain at the seaboard porta for the
week ended Aug. 1, 1891. follow:
Flour,
Wheat,
Com,
Oati,
Barley,
Rye,
Atbhlt.
butli.
bujih.
butK.
butK.
b^mK.
ewYork
84.009 1,010,292
50.612
27,S170
Boston
Montreal
27,7 <7
Philadelphia..
Baltimore..
Richmond
47,:4!i3
971
160.192.'983
16,154,836
470.064
6,973,404
25,709,631
4,808,022
28,.528.a98
$293,427,787
$283,682,313
7,277,3Y6
9,339,839
LIABILITIKS.
SO
Capital stock
24,787,000
Sarplusfund
Uhdlvidod profits
2fl..598.I52
25,9-50,000
30,5'i6,511
3,719,863
104,974,387
124,537,051
4,157,168
4,854.166
115.920,984
5.206,999
5,924,010
$293,427,787
$283,682,313
Oenenil dnposits
Debentiiri's outstanding
Other llabiUtlee
1.
1888-80.....
floiu
ailR,83i>,308
13,'<44,3fl6
Roal fKtiitc (estimated value)
Cash on hand imd on deposit
Olhera»»cl8
Deposit* In trust
Tot.wk. «!.
Bam*
Bam*
/une 30, 1801
$18,503,907
45,814,142
178,304.251
88a.«i0
Toltdo...,
Oatrolt..
Olareland.
Bt. LonU..
twenty-one of the companies being in New York. sev(>n in
Brooklyn and one each in BufTiilo. Rochester, Syracuse and
Binghamton. In preparing this HtatemHnt for the Chroniolb
the comparative figures for June 80. 1890, have been added.
mortgages
Stork InvRHtmcnts {market value)
Rv>.
'
177
Vew Orleans..
99,560
123,.^62
47.971
371,243
40,377 l,2H3,o98
2.0S0
14,076
23.400 547,000
..
....
391525
107,048
40,387
29,874
14,671
443,100
13d, 118
15,237
101,095
20,385
1,400
22,500
Total
2,957.646
97,1.55,561
SOPPLEMENTABV.
Amount of debts guaranteed and lia$2,043,546
$2,000,000
6,955,163
7,477,331
2,616,412
993,459
2,832,723
1,130,209
1,210.610
4,452,316
1,463,460
211,705,800
196,393,843
bility tliereon
Total amount of interest and profits
received last six months
Amount of interest credited depositors
same period
Expenses of Institution same period..
Dividen Is declared on capital stock
same peiloil
Amount of deposits by order of Court.
Amount of deposits ou which interest
aUowert
is
and Brooklyn Gas Secarlties— Brokers' Quotations.
N. X.
GAS COMPANIES.
I
Bid.
Bonds. 5s
OoQSOlUiated Gas
Jersey City & Hoboken..
Metropolitan— Bonds
Mutual <N. r.)
Bonds, 68
Nassau tBrooklyn)
Scrip
2,100
Ask.
,
Brooklyn G-*e-Light
Citizens' Gas. Light
93
170
110
117
100
130
95
GAS COMi'ANlKS.
1
People's (Brooklyn)
93
80
102
93
Bid.
1
Wllliamsbarg
11.14
Bonds, 68
104
,MetronoUcan(Broolclyn)..l 60
!102
-Mnnicipal— Bonds, 7s
'112
Fuiton Munioliial
100
Bonds, 6s
117
Equitable
1106
Bonds, 6s
I
lis'
120
102
1
1
Ask
71
109
109
9S
lot
116
lOS
120
108
—
Auction Sales. The foUowmg were recently sold at aucby Messrs. R. V. Harnett <X Co.
23,035
tion
Total week.. 27ti,l,S5 3.407,246
686,065
Oor. week '90. 259,883 1,417,842 1,910,195
741,000
503,486
1,400
3,100
24 600
37,548
The exports from the severai seaboard porta for the week
ending; Aug. 1, 1891, are ahown in the annexed atatement:
MxporU
Oom.
WhtaU
B^i'K.
aewTork
808.Q87
23,937
Boston...
Portlaad.
Montreal.
Fhlladsl.
Baltlm're
Oat$.
By.
PeoM.
Bbl:
Btuh.
Buth,
Suth.
47,160
22,036
738
3,141
14i'78'5
71,292
496,617
466.649
104,957
ir.News..
83,366
16.387
51,922
57,177
19.799
42,152
788
3,141
49,293
8,393
18,847
The visible supply of
grain, comprising the stocks in granary
at the principal ooints of accumulation at lake and seaboard
ports, Aug. 1, 1891:
Wkeat,
—
tlore at
afloat
Albany
BaOalo
Milwaukee
Colnth
..
668.945
171
41,080
21,913
24,209
311,474
110,273
7,541
"i'.boo
'"6,o66
"7,006
40,232
13,219
20.222
111,016
71.098
75.095
3,000
25,178
44,577
1,507
1,635
12.8S7
23,269
5,479
1,000
"2;U9
162.511
25,000
691,104
83,673
Do
afloat...
Clnolnnau
"9,290
Toronto
Montreal
Peoria.
IndlaaapoUs
Kansas City
Baltimore
Minneapolis
On
On
Ml8«l88lppl...
hakes
but,..'
9,727
14,000
8,084
257.845
18,815
1,391
832
27,878
3,148
26,633S 115.925
3,965
2')5.4ii6
300
392.497
6.2i3
149,326
296.941
97.286
24,.585
38,280
141,9117
1,312,853
70,918
4,460,206
441.137
"ii^is
1,676.630 1,011,350
440,0j0
157,700
sili'i'd
3,083
mxH Iftttattcial.
THE MERCANTILE NATIONAL BANK
jgaiilitug
OF TUB CITY OF
NEW YORK,
No. 191 Broadway,
$1,000,000 Surplas&Proflta, $950,000
President.
FREDERICK B. SCHBNCK, Cashier.
JAMB3 r. LOTT. Assistant Cashier.
|
ACCOUNTS SOLICITBD.
THIRD NATIONAL BANK
OF THE CIT¥ OF NEW YORK.
Capital,
!!""".'
$1,000,000
•
WOODWARD
Presldaat.
Cashier J. FRBD'KSWKAjy....A»8t.Cashl«r.
Accounts solicited and careful attention to ttie interests of Depositors
J. B.
584,068
266."«6
71,968
74,741
4fil,0,»3
796-64
399,119
3ii2.939
15.',945
145,097
16.76-<,103
3 N. Y. Life Ins. & Tr. Co. 695
80
25 Southern N.t. Bank
2 Am. Soda Fo. Co.. com. 95
Bonds.
$76,000 Deca. Chesa. & N. O.
149V150
5J«
15 Lonir Island Bank of
R'yCo. Ist. 68
139i<j 140
Brooklyn.
$50,000 Louis. Hardinsburg
28 Market & Fulton N. B'k.217i«
37
.& West. R'y 1st. Hs
30 United N. J. RR. & Canal
.$33,000 E. Shore Ter. lst,6s. 55
Co
220)4 $1 .000 .Tersev City 7s.40-y'r,
20 Brooklyu Acad, of Music
1913, J. At J
1-25M &lnt.
(with tickets)
186
$6,000 Federal Val. Coal Co.
40 Bank of America
61 "a
200
1st, 6s
2 Nat. Bauk of Commerce. 190
WILUAM P. ST. JOHN,
3.8 73,<57 2.072.631
14.100.477 3.035.876 1,770,535
18.372.679 11.56i,H52 2.3J0.817
12.6'<7,9 7 6.998,331 3,719.754
Tot.Aug.4. '88. 22,997,791 9.009,649 2.210.557
Tot. Aug. 1, '91
Tot. July 2.'>, '91
Tot Au,(. 2, 90.
rW.Au<.2,
Tot.Aug.3, 89.
Shares.
Haute & Ind. RR. Co. 9313
40 Bkiyn & .laraaica R'y Co.
cert, dated June 15.'G6.$13
133 Merchants' Nat. Bank..
T.
Capital,
130,097
river.
117
The following were recently sold by Messrs. Adrian H. Muller & Son
1,947
211,991
42,400
On oanal A
& Auc.
I
43.215
Philadelphia
y
159,109
1,300,061
1,144
92.i.n-23
Boston.
Bin
1,02'2;910
3,058,.J4l
60,'i75
Detroit
Loots
Rye,
bu$h.
buitK.
450,717
7,000
12,600
32.682
721,793
Toledo
Oswego
Oalt,
bUBh.
386,889
io'.ooo
Ohloat^
Bt.
Oom,
575.084
8,000
b^iMh,
Bonds.
$6,000 Fed. Val. Coal Co., 1st
30
6s, 1908
$620,000 Deca. Chesa. & N.
O. R'y Co. 68. Ist M., 1929,
coup's on from Jan. 1, '90.
5
Shares.
150,782
Do
10 Seal Estate Ex.
25 Fourth Nat. Bank
l7Ht
80
400 Ohio Cent. BR. Co
50 San Miguel Gold Placers
$140 8h.
Co
80
400 Ohio Cent. KR. Co
:
121,009
In
& N. O.
E'yCo.. with any right
of the Amer. L. & T.Co.,
or Its Rec'r, to rec. in
exch'ge therefor, bonds
In Lincoln Co., Tenu.,
when igsHPd
1
1 N. Y. Lawlnstitute
150
204
462,157
Hew York
Itof
1,500 Deca. Chesa.
468
1890... 1,226,836 1,285,648
fi'me time
N. O.
Koom,Llmited
4eii52
5,963
Blohm'd.
Tot week. 2,114,224
13a99
Sharet.
&
R'y.Co
......
Orl-ns.
ir.
130.967
122,338
tlour.
Shares.
5,270 Deca. Chesa.
HUNBT CHAPIN,
JR.
1
gaaraateed.
i
Spencer
Trask.
BANKBRS.
Nos. 16 and 18 Broad Street,
'"'"'
" "
ALBANY
N.
Y.
SARATOGA. N. y:
&
Co.,
New York
CltT.
PROVIDBNCB,
Trost Companies in N. Y. S'ate.— The following is a statement prepared in the Stite Banking Department of the total
TRANSACT A GENERAI. BANKINQ BCSINBSS.
Tesources, liabilities and business of the thirty-two trust comjpanies in the State for the six months ended
June 30 last.
All classes of Seenrities BouKht and Sold on Oommtsston. Special attenMoa
(iTto to InTsatment Seounues. Direct "Xn to eaoii oiBoe and to PaUsdelplUa
Bottoo and Chlcaxo.
R. L:
1
..
.
THE CHHONICLK
178
gaukjers'
gjhje
Caiicago
@4 853^
cables, 4 85^® 4 86.
Posted rates of leading bankers are as follows:
&
Per
When
Sooks Closed.
Payable.
(Days inclusive.)
Axigust
Aug. 11 to
Aug. 21 to Aug. 27
Prime banters' sterling bills on London
Prime commerciaV
-,
Documentary commercial
Paris bankers (francs)
Amsterdam ("uilders) bankers
Railroad*.
Alton, pref. (quar.)...
Sept.
com. (quar.)...
Chicago Burl. & Quincy (quar.)..
Chicago & West Michigan (quar.)
Cleveland & Piltsb. (quar.) guar.
K. y. ProT. & Boston (quar.)
Sept.
1
Sept.
2hi
Fire Insurance.
City
1
Aug, 11 to Sept. 1
1 to Aug. 10
Aug.
10 Aug.
Aug.
12
to Aug. 11
mincellaneons.
& Hecla Mining
Hock. Coal & I., pref
Erie Telephone & Telegr'h (quar.)
Prov. & Stouingt'n 88. Co. (quar.)
Thurber, WUyland pref
Calumet
Col.
;
Cent.
Do
2H
1
21a
4
Aug. 11 to Aug. 22
Aug.
Aug.
Aug.
Aug.
Demand.
Siity Days.
7.
4 84 34 8419 4 86 a>4 BO'S
4 82is«4 82^
4 82i4»4 821d
5 235i®5 23ifl 5 20»8a5 20
40S,««40H
39i6ieS40
94%®94''8
953839518
Pran)ifort or Bremen (reichmark8)b'nker8
I
The foUovring were the rates of domestic excnange on NewYork at the undermentioned cities to-day: Savannah, buying
par to 1^, selling 1^ to J4 premium New Orleans, commercial,
par; bank, 75c. per $1,000 premium; Charleston, buying par,
selling Yg premium; St. Louis, 50c. per $1,000 discount
Chicago, 60 to 70c. per $1,000 discount.
;
to
Sept.
$5
&
LIII.
and the bieadstuffs shipments are liberal. There have been
no exports of gold this week. The actual rates for exchange
are: Bankers' sixty days sterling, 4 831^(^4 84; demand, 4 85J^
Oia^jettje.
DIVIDENDS.
Name of Company.
[Vol.
to
1 to
;
Aug. 20
Aug.
Aug. 11 to Aug. 16
—
United States Bonds. Government bonds are steady, Th©
M.
closing prices at the N. Y. Board have been as follows
The Money Market and Financial Situation.—The
Aug. Aug. Aug. Aug. Aug.
Interest Aug.
stock market lias been the centre of attraction this week, and
3.
7.
Periods
1.
4.
5.
6.
the volume of business, as also the tone, has been the best we
'99=8
*100^
'100'4 100%
*100%
Q.-M:ch.
4>ss,
1891
reg.
>1003i
occurred
has
reaction
have had in some time. A natural
4i«s, 1891., ...coup. Q.-Mch. *100%*100% 100% -100% '100% 100%
117
117
reg. Q.-Jan. •116% *11654 '11631*117
from the depression noted in our last report, when stocks 4s, 1907
117
117
48,1907
coup. (4.-Jan *1165i •116SU '116^*117
had been forced down partly by speculative effort and the 6s, cur'cy,'95
*110
110 110
110 «110
reg. J. & 3. nio
*112
112 112
'112 1*112
reg. J. & J. '112
circulation of false rumors of impending disasters. Under 6s, cur'cy,'96
*114
114 114
'114 1*114
6s, cur'cy,'97
reg. J. & J. *1I4
*116l2
those circumstances it was only necessary for the reports to 63, cur'ej",'98
niois '116J9*116>a II6J9 lieJa
reg. J. A J.
•119
•119
119
'119
*119
119
cur'cy,'99
reg.
J.
63,
J.
he proved false, and the general facts in the situation regard*rhi8ia the price bid at the mormng board no sate was made.
ing our crops, exports, &c., to remain as favorable as they
Coins. The following are the current quotations in gold for
•were before, to make the shorts run quickly to cover, with the
various coins:
effect of turning prices sharply upward. Union Pacific was Sovereigns
99%5 1 C0'^»
$4 86 ®$4 90 iPlne silver bars..
— 9.< a — 94
3 88 ® 3 92 iFive francs
made a pivotal stock lately, and although it seemg like playing Napoleons
XXBeichmarks. 4 74 » 4 78 Mexican dollars.. — 77'aa — TSi*
•with a buzz-saw to sell down one of Mr. Gould's speculative 25 Pesetas
Do uncommero'l — — a — —
4 78 a 4 85
—74 » — 76
Span. Doubloons. 15 55 815 75 Peruvian sols
favorites, the price was forced down yesterday to 35%, the
Mex. Doubloons. 15 50 ®15 70 English silver.... 4 80 a> 4 90
lowest since June, 1S84, rebounding quickly and selling to-day Fine gold bars... par aiM prem. U.S. trade dollars— 78 a — 80
as high as 89.
GoTeruinent Purchases of Silver.— The following shows
The gold exports have ceased for the present and gold im- the amount of silver purchased by the Government in August:
ports are talked of. The out-turn of wheat in this country is
Price paid.
Ounces
estimated higher than ever, and if farmers are sensible enough
offered.
to send forward their crops in fair quantities, neither rushing
$.
Previously rojiorted.
them all to market nor holding them back to try and get ex- August 3
1,696,000
876,000 fl -0074 ® f;i-0090
5
2,174,000
910.000$1 0048 » iiil-0060
travagant prices, they may expect to realize a handsome profit
WALL 8TREET. FRIDAY. AUGUST
T.
1S91-3
P.
:
<fe
;
—
-ai
•'
on
The reports about farmers of the Alliance holding back their wheat must be taken with a grain of
allowance those who urge others to keep back their grain
will be likely to send their own to market to get the benefit
of the first stiifening in prices which arises from the idea that
this year's harvest.
7
•Total in
;
produce will be held back.
Our bank surplus at this late period in the season is a very
encouraging feature, and compares most favorably with
previous years. The talk in the South and West is stiiJ of
" more currency," as if that would make money easy to
everybody without regard to the character of their security
offered.
Is there any scarcity of money on wheat or cotton,
or on anything else that ranks with wheat and cotton, as
security for loans ? If there is no such scarcity, there is certainly no evidence that an increase of our currency would
make borrowing any easier where the collateral is of doubtful value.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 1}^ to 3 p. cent the
average being 2 p. c. To-day rates on call were IM to 2
c
p.
Prime commercial paper is quoted at 5%@Q% p. c.
The Bank of England weekly statement on Tliursday showed
a decrease in specie of £65,000, and the percentage of
reserve to liabiUties was 43-69, against 43-47 last week; tlie
discouQt rate remains unchanged at 2'^ per cent. The Bank
of France shows an increase of 8,625,(JO0 francs in gold
and
a decrease of 2,800,000 francs in silver.
The New York Clearing House banks in their statement of
Aug. 1 showei a decrease in the reserve held of $642 200
required reserve of $19,481,350, against
previous wees.
°^*^'' *''^
t?n
^, A^o^P'^I*
|19,710,33j the
1891.
Aug.
1.
Dtfferen'sfrom
Prev. week.
Capital
60,772 ,700
Surplus
64,147 ,800
I/oans and dlsc'ts 389,650 ,800 Dec. 940,600
Circulation
4.085 ,600 Inc. 172,000
Ket deposits
405,101 ,800 Dec. 1,652,900
Specie
66,61 ,000[Dcc 1,728,000
I^gal tenders
64,145 ,800, Inc 1,085,800
Beserve held
120,750!,800|Dec. 642,200
liCgal reserve. . . 101,275 ,450 Dec. il3,ii25
Bnrplna reserve
1
9.481 ,3.'>0|Dec.
228,975
1890.
A.ug.
2.
1889.
Ang.
3.
60,812,700
60,762,700
59,987,1(J0
54,C'jO,100
401,500,900 413,024,600
3,628,400
3,912,000
415,91.5,800 434,491,300
80,367,600 73,16(>,Sf>0
32,570,900 43,678,200
112,938,500 116,839,000
103,978,950 108,62-2,825
8.959,650
8.216.175
Foreign l,xchan?e.-The market for sterling
bUls has
general Iv been dull, and during the past few
days weaker
Cotton bills for faU months have been offered
more fredy
'
1,221,000
264,000 $1-00
'Local purchases
*
The
,
month
to date.
local purchases of
2,050,000) $1-00
each week are not reported
till
a
a
a
$1-0010
$.
$1 0090
Monday
of
the following week.
State and Railroad Bonds.— The sales of State bonds this
week include §10,000 South Carolina 6s, non-fimdable, at 3%;
$16,000 North Carolina 6s, 1919, at 1233^; $1,000 Alabama "A"
$2,000 do., class "B," 105^^; $10,000 Tennessee settlement 33, 67;!^.
Tt iaar .C' !!^ """ii
Railroad bonds have been more active and in some of the
weak specialties much stronger. The Richmond Terminal 5
per cent bonds have been quite notable for an advance above
58 under steady purchases, closing to-day at 58
tlie 6s, exinterest, are selling about 89i^-90,against87 last week. Oregon
Improv. 5s sold up to 62^1^ to-day, against 58 at the first Board
on Friday last. Other bonds have not generally changed so
much in price, but there is a better feeling and more confidence in bonds, in harmony with the improved sentiment
regarding railroad stocks.
small, 102
—
;
;
Railroad and Miscellaneons Stocks.- The stock market
much more interesting this week, especially during
the past few days, and there has been a sharp turn from the
depression noted in our last. Burlington & Quincy, which
was one of the stocks most severely attacked by the bears,
selling on Friday last at 79',^:, sold to-day at 85ig, closing at 84 ;
and if the short accounts have not been covered the profits iu
some of them may be doubtful. Union Pacific has been most
conspicuous for its tumble to 35Jg on Thursday (the lowest
price that has been touched since June, 1884), under large
sales, with a sharp recovery to 37J^ the same day and a
further advance to 38J^ to-day, closing at 377g.
There
were rumors of difficulty about renewing some ot its loans,
but these were denied by the officials, and there are some
who suspect Gould of selling in order to twist the shorts.
Under the lead of Union Pacific the market was strong
all around this morning, and prices of almost everything were
tending upward but the highest prices were not fully maintained, and there was a moderate reaction in the afterNew England has been one of the relatively
noon.
strong stocks all through, and closes to day at 351^, against
31?^ last week National Cordage closes at 92'^, against 88;
Rock Island at 71^^, against 69%.
Among the unlisted. Sugar has been most active, and after
selling down to 72/3 on Wednesday and up to
80=a' to-day
closes at 78^^ the report of cut prices on sugar was the chief
rumor of the week. Lead Trust has not greatly improved,
and closes at 15%, against 15 last Friday. Silver bullion certificates on a mouerate business have been steadv, and close
has been
;
;
;
at 100.
—
..
'
,
AoaosT
TE CHHRONICLE,
8. 1891.1
NEW YORK STOCK
STOCKS
BKCttA.N&B— ^Or/P^iff 3T0JKS tor unek en-imj AU3.
HIQHE8T AND LOWOBt PBtOBS
Saturday,
Aug.
KK.
Arllvr
Atclii«i)ii T.ii..
Atlantlr
Storkn.
A Santa Fo
l':irlll«
A-
CfiuHiliaii Puilllc
Hi •ut hern
iif New Jersey
Central Paclflc
CUesajieake A O., vot. tr. eert.
do
1st pref
Do
Canadit
Ct^ntral
do
l>o
2dprcf
Clilcago Burlluirtoii
Chloago
Eastern
lb
A Qnlncy.
Illinois
Do
pref.
ChloaRo Milwaukee & St. Paul.
pref.
1)0
ChloaKo
Sc
Northwestern
Ixi
Aug.
1.
81 14
82>4
7!»^
47>a
70:ii
47>«
109
*2!)
Id
31
16
42'-s
43>«
8208
61a
31%
pref.
Cliiiii u'li Rook Island A Paeitio.
CUieak'o St. Paul Minn. & Oni.
Do
pref.
Clevo. Clncln. Chlo. A St. L.
81
•80
48
4S
48
103S8 109)4 10814
*29
•20
1614 •Ibis
16
•44
43
43>ji
sm
.
79O9
63 %
91
611a
1(18
103^
13151
69I9
22I4
•80
5839
81»B
Istpref.
pref.
2<1
Evansville
A Torre Haute
Great Xorthern, pref
•40
10
114
•87
50
10
117
89
24
A Western
Do
pref
Lake .Shore A Mich. Southern
LoUK Island
Louisvillf & Nashville
Loui.sv. New Alb. A Chicatro..
Texas.
-18
2l>s
*96
97%
'87"'
•70
102
pref
19 14
I3I4
Missouri Paeiflc
211a
641s
6538
MobileAOhio
35
,
Do
pref.
Mo.K.ATer.,ex2am. bends.
Do
pref
MaaUv.ChattaiioojfaASt.Louis
New York Central A Hudson.
Kew York Chic. A St. Louis ..
Do
Istpref
Do
2d pre/
Few Y^ork Lake Erie A West'ii
Do
pref.
Kew York A Now Enjfland
New York New llav. A Hart.
Kew York Ontario A Western
New Y^ork Susquehau. A West.
Do
pref.
Korfolk A Western
. .
Do
Ohio
,
pref.
Paul
Do
Toledo
Toledo
A
A
Ann Arbor A
A
12
I3I3
47
Chicago Gas Co., trust
Colorado Coal A
Consolidated Gas Co
JWstllling A Cattle Pccd'gCo
Edison General Electric "'
Natloni^l Cordage Co
Do
National Lead Trust
pref
"'
North American Co
Oregon Improvement Co
Pullman Palace Car Co
'
Stiver Bullion Certiflcates. ...
Tenue.»8ee Coal A Iron
Do
pref
^
western Union Telegraph
89
91% 84%
6
7%
*20
13
34
24
13
54
107% 10858
95% 96%
19
76
•71
105% 102
3%
8%
4%
23%
•87
76
106
4I4
•8%
9
70% 70%
101% 101%
438
438
•8%
9%
13% 13% •12% 13% •12% 13%
•20% 22% •20% 21% 20% 22
64% 65% 6378 65%
64"a (Sb^
38
38
37
35% 36% 37
•73
85
99%
99
•11
•63
13
82
99%
99
•11
•61
13
67
67%
27
26% •22
1338 18%
18
1814
-48
49%
32% 3378
32% 33
22
'225
228
15
15
•26
•12
'225
228
14% 15
6%
47%
30
14
'13
47I4
•6%
7
25
25
•11
15
•75
99
•10
•60
*22
18
82
99%
13
70
27
18%
33% 35%
228
229
14% 15%
•6% 7
25
25
33
381s
1119
5714
36
36
107
991s
105
3II4
141s
7lis
1538
18"4
36 >4
7512
117e
60
65
103
125
65
107
66
103
125
66
107
70
30
100
•69
•25
70
"2o
-97
4714
30
30
*92ia
45
96
931s
45%
99
89
88
97»3 100
15
151s
12%
11% 11%
61%
61
67% 67%
104% 105%
125
•69%
34%
•92% 95
50
60
42
16
•76"
10% 10%
21% 2214
29% 2978
71=8
15%
72 14
19
19%
36% 36%
50
41%
14%
37%
1478
10%
21%
29%
71%
16%
10%
14% 14%
10% 10%
21% 22%
22
19% 19%
37
47
37
77%l
48
89
19% 19%
37%
•36
99% 99%
15%
13^
13%
26
33>4
33
1278
24
29
33%
Those are the prices bid and asked
;
no
sale
made
30
92% 92%
45% 45%
•97
100
155a
1278
15% 15%
12% 1278
33
I
78% 79%
^ Prices
Friday,
Aug.
7.
Baoge
Week,
1S9I.
1,
of sales la
Lowest,
Shares.
189L
Higheit.
32% 33% 49,022 24SHMar. 10 34%Apr.
•378
5%
100
4%
Aug.
6
6
Jan.
U
S.'i
72% .Tan. 6 82% July 15
625 47% July 30 52% Apr. 27
23
in
5
4
19% 20%
40
40
20% 20%
39
39%
77% 80%
HS%
88
43% 45%
31
31%
2,625
995
83
34
100%
425
88
83% 90% 90% 93%
99% 100% 100% 100%
15% 15% 15% 15'a
1278 13%
13% 13%
11,425
1,965
10,363
99%
14%
3,931
11%
3179
93
92% 92% •92
45% 45% •45% 45%
100
100
100
92%
Apr. 22
Apr. 23
Apr. 10
96
June 9
29
53
157a Jan.
33% Jan.
57% Jan.
53,087
2,310
39,933
2,695
Feb.
Jan.
55% June 18
39% Mar. 16
99% Apr. 80
27% July
532 92% July
4,846 41% Feb.
49
111
Jan.
7:1% Mar. 11 104
Jan. 12
Feb. 5
May 27
July 23 110% May 7
21% Jan. 17
July
19% Feb. 13
Jan.
32% May
100 15% Jan.
27
41% Feb.
33% 33% 1,735 31% Jan.
Feb.
81
Aug.
399,000
51%
5879
60%
51%
59
60%
196% Jan.
600 175 July
180 180
178 180
Jan.
22
107%
Apr.
96%
890,000
100%
100%
100% 99%
99%
•26% 2H
750 34% July 30, 89% Jan.
•26% 28
28
26
83
23
33
23
33
•24
1
86
•80
86
•80
26
10
14
14
16
June IS
H6
78% 79
from both
JAN.
alnoe
8,505 105% June 29 122% Apr. 28
20 29 Feb. 24 31% Apr. 80
2,000 14% July 30 1979 Feb. 9
908 42 July 29 54% Feb. 10
833 22 July 31 34% Feb. 10
127 132
129 129
15 123 May 12 130 Jan. 5
82% 84
8378 85% 94,862 75% Mar. " 93% Jan. 14
63
63
63% 64% 1,300 41% Jan.
67% May 1
92
92% 92% 93
500 83 Jan.
97% May 1
61% 6258 6278 6378 157,635 50% Jan.
66% May 1
109 110% 110
960 105% Jitn.
115% May 1
104% 104% 104% 105% 3,415 102% Mar.
111% Apr. 28
•131% 132% •131% 133%
50 130 Mar. IS 138% Jan. 12
69% 7138 71
72% 47,08j 63% Mar. 6 80% May 1
22
24
23% 23%
560 21 July 30 29 Apr. 27
79
79
84
84
10 77% Jan. 29 86% Apr. 22
59
59% 60
60% 8,895 56% July 30 6678 May 6
100 90 July 27 -98 Jan. 9
23% 23% 23% 23%
680 22 July 31 29% May 6
127% 12H% 128 128
730 126 June 29 139% Feb. 7
131 132% 132% 134% 16,506 130% July 27 140% Feb. 9
•13% 14% 14% 14%
233 13% July 30 20% Jan. IX
•40% 41% -41
42%
500 40 July 80 637g Jan. 14
5%
5% 5% 1,220 5 July 30 8% Jan. 14
45
45
46
46
2.50 42
July 20 66 Jan. 14
10% 10% •11
12
274
978 July 30 19% Jan. 14
118 120
114% 118
1,100 111% Feb. 6 129 Apr. 2
8878 SB's
83
700 72 Jan. 2 92% Apr. 9
88%
•94
95
95
95
475 90 Mar. 9 103% Jan. 14
•6
6
8
6
1
6% Jan. 10 9% Apr. 21
•20
24
22
22
10 20 Jan. 3 30 May 1
12% 12% 13
13
510 12% July 31 15% Feb. 5
•54
55
55
55%
737 53 July 31 61% Apr. 28
108% 108% 108% 109%
5,140 xl05%Jno30 113% Feb. 9
•95% 96% 96% 96%
465 86 Jan. 3 99 July 6
6878 69% 33,364 67%Jiay 30 82% May 1
63% 69
•18% 23% •18% 23%
18 Mar. 9 29% Apr. 27
5 Mar. 24 18 Jan. 15
•95
97% 98
99%
1,31 J 95
July 30 109 Apr. 6
19
19
600 17% July 29 24% Jan. 4
87 ....
87% July 30 96 Feb. 3
-70
•71
76
75
30 70 May 21 93 Jan. 15
101 108 101 105
10 98% May 19 111 Jan. 14
•4% 5
5
500
3% Aug. 3 6% Jan. 10
•8% 10
9
9
200
7% July 30 12% Jan. 14
11% 13% 12% 13%
200 11% Mar. 14 16% Apr. 30
21
21
21
2134
1,220 19% Mar. 6 26 May 1
65
66
19,276 60% Jan. 2 73% Apr. 27
637a 65%
39
38
38
40
1,472 26 Jan. 2 44% June 3
•76
85
82% 82%
100 80 July 24 110 May 29
100 100
99
99
954 98% July 28- 104% Feb. 3
10
11% 11% 12
14% Feb. 10
300 11% Aug.
•60
68
65
65
100 57 Jan. 2 70 Jan. 29
•22
27
23% 28
23 Jan. 2 31% Feb. 10
18
18
18% 18% 2,170 17% July 31 22% Apr. 28
150 47% June 29 56% Apr. 28
34
34% 3578 37,050 31 July 30 41% Jan. 1ft
347e
225 230 •225 230
65 1225 July 6 271 Feb. 3
15
15% 15% 15% 2,5.52 14 July 30 18% Mar. 17
•6%
•6% 7
7
110
6% July 30 11% Feb. 17
•25
26
25
26
300 25 Aug. 4 40% Feb. 18
13% July 1 16% Jan. 14
46% 46%
567 46% Aug. 6 57% Jan. 14
21% 21% 22
22
4,018 20% July 30 30 Jan. 14
5979 6058
60% 61% 48,167 58% July 31 74 Jan. 30
•16% 18
•16% 17%
15% Mar. 11 1978 Jan. 17
•12
•13
16
16
14 Jan. 2 13 Feb. 7
66
66
65% 69%
300 65 Mar. 9 82 Jan. 12
1973 20
400 19 Jan. 5 30 Apr. 28
•15% 17
22 Apr. 23
17
17%
700 14% Jan.
35 May 1
26% 26% 27
28
10,935 2579 Aug.
18% Apr. 27
1378 1378
510 12% Jan.
13's 14
48 Jan. 6 6478 Apr. 27
37
520 28 Jan. 8 40% June 17
37%
11% 1178 11% 12
16,537 10% July 27 19% Feb. 7
58
59
57% 60
2,046 55 July 27 76% Feb. 10
23 Jan. 2 44 May 1
222 55% Jan. 2 74% Apr. 30
104 104
103 107
25 xl05%July31 114% Apr. 18
125 135
125
120 Jau. 6 122% Jan. 3
•69%
•69%
55 Feb. 16 70% July 15
26 36 •26
24 Jan. 15 36% July 6
•93
95
95
85 Jan. 5 99% July 27
105% 105% 104 107
700 100 Jan. 2 111 Feb 6
31
31% 31% 32
2,640 23 Jan. 16 33% June 15
12% 12% 12
12% 3,032 11% July 27 16% Jan. 14
14% 14% •13% 14%
250 13 June 30 20% Jan. 13
50
45 Apr. 6 61 Jan. 13
50
•76 ....
•76
78 June 8 88 Feb. 16
3579 37%
3678 39
197,536 3579 Aug. 6 52% Apr. 28
14% 14% 14% 15% 1,070 14% Aug. 5 24% Jan. 14
10% 10%
978
725
978
8% Mar. 10 11% Apr. 25
22
22% 22% 2278 6,145 1678 Jan. 2 24 June 15
29% 30% 30
30% 2,610 29% July 30 87% May 5
7178 717a
7178 72%
1,713 67% Jan. 2 79% Apr. 27
•16
•16
17
150 15 July 30 23% Jan. 14
17%
30
•76
79% 80
4%
29
I
79% 80
32»8
438
74% 77%
87%
86
44% 45%
75
86
•21
27
33
33
GiTj 6338
5978 62 14
597g
60% 64
Xl78isl79% 177 177
175 179
1001* 101
100% 100^8 100% 10078 100%
•26
27
28
28
28% 28% •27
•25
22
33
317a
86%
48% 46%
7279
89
89
88% 89%
'99% 100% 100 100
89^%
153,
12^8
39
30% 2979 30
72% 71% 7178
16% •16
16%
74% 76
86% 86%
46% 47%
30% 30% 30% 31
92% 92% •92% 93%
45% 45% 45% 45%
98
99% 9914 93
7638
80
•fe"
39
•86% 87%
86 Ml 87
45%
17
67
20
104% 101%
103% 103% 106 106
30% 31 >4
30% 3114 30% 31
11% 11% ll'a 1178 11»8 12%
13% 15 •13 15
13% 13%
16
18%
20
35
11%
60
16
10
36I4
7714
35
59
4138
7113
"13
•65
•16% 17% •15% 16%
2579 26%
25 'a 26%
13% 13% 13% 13%
58
4138
21% 217a
29% 29%
17
68
21
11% 12
50
10
47
•13
•65
21
16
68
66
17
1238
..!'
Paeiflc Miiil
Pipe Line Certiflcatcs s" i
*8!S%
96%
19%
13
Gulf
rcc'ts
11
*114%118
96
19
2658
I212
Do
pref
Am. Sugar Eef.Co.,touip. ctfs.
Do
pref., temp. ctfs.
8
24
13
55
108
96
•10
5%
50
96%
19%
lo^a
4018
15
raiacellnneous Slocks.
American Cotton Oil Co..
11
lis
5%
40
96
•87"
13
76
' *
5%
es's
26
!
pref*
Erie. ......
Do
pref
Wisconsin Central Co........
23
6734
•18
13%
pref
A Lake
90%
2.'?
•18
2612
30I3
;|
Dc
3%
8%
90»4
69%
23%
96% 97
19
•87
•70
102
24
-6
7
2633
12
*96is
N. Mlcli
A
5%
•438
Au(t. 6.
and
Bslei
Of the
80-%
127% 127 127%
132
131% 132
•13% 14%
14
413&
41% 41%
•88% 89
94
94
23I2
•19
6%
7
26
47
103
Ohio Central
Paeiflc
Paeiflc Denver
Wheeling
•
321s
Paeiflc
Wabasih
•
31^8
Duluth
pref
Do
Union
Union
25
18
49
18
103
125
St. Paul Minn. A Manitoba
Southern Paeiflc Co
Texas
22
pref.
Bomewatert.AOgdens.-lNeiv
8t. I-ouis Alton A T. H., pref
St. Lou. A San Fran. ,l8t pref
Bt.
49
Ills
561s
KlohmondAWestP'tTermlnal
Do
67's
17
67
29
1519 17
A
_
13
65
20
Phlla. A Read., vot. trust, cert
Plttstiurg Ciuu. Chic.
St. L.
Do
_
pref.
Pitts. A West pref. tr. certs.
Bio Grande Western
11
115
95
>7o
9919
13
Oregon R-y A Navigation Co.
Oregon f-h. LiueAUtah North
Peoria Deea'ur A Evansville.
Do
31% 32%
46%
47% •45
2118 2118
2138 21%
21% 21% 21 21%
61% 59% 6078
59% 60% 60% 613s 60
•16% 18
•16% 18
•16% 18
1613 18
Olilo Southern
_,
22
35
85
*62ia
26
pref.
A Mississippi
99 ig
9
*10
7
pref.
Do
-75
4>«
14% 15
Horthern Paeiflc
•
76
105
-313
*7ia
•1214
Loids
93
*6
'21
•12
•5319
8
<
A St.
11
118
90
ill
Manhattan Elevated, consol.
Uexi< an Cent ral
Michigan iMitral
Milwaukee Lake Sh. A West.
Minneapolis
116
•21
24
24
•12
13
13
54I2
•53i.i 54 "«
55
1071^107
107% 108=6 108
95^8
97
96
961s 97
68
68=8 6958
69 Is 69^8
Lake Erie
Do
45
10
-20
prof
A
•40
•88 Is
9314
•6
,
lyouisville St. Louis
5.
7,
80% •70% 80% 80% 80%
48% 48%
47% 47% •47% 48
IO8I4 10S%10S% 109% 110
no 111
•29
81
29% 29% •29
30
31
16
15% 15% •15% 10%
16
16
•44
44
44
4:i% 43%
45
46
•24% 25
24% 23% 25% •24% 2->
81
48
•90
9314
Illinois Central
Iowa Central
Do
S's
Aug.
81=8
*62ia
pref.
Do
•23
24
Columbus nockluK Val. & Tol. 22 >a 22 >« 24
127 127»!> 12734
Delaware A Hudson
131%
13158
13214
Delaware l.ai'kawanna&West ISO's ISl's
14
Deliver & Kio Uraude
4II4
42
42
41
41
Do
pref.
•4%
538
5
5
5
Tennessee
BMt
Va. A Ga
Do
Do
3238
•439
*80
WedoMday, Thursday,
24 14
24
127 182
132 •126 132
82 « 81% 82% 80^8 83%
63% 64
65
62% «3%
64
•90% 92
91% 98
91
6238 63
61% 62^1 61% 62%
62>«
109 '4 109 14 IO914 109'4 10'i%108%
108
IO414 1041s IO414 IO4I4 104 104%
104
131 183
1321« 13238 132% 131% 134
6958 71%
70% 70% 71% 70% 71
•22%
•22% 24
24
221^
221s
221s
*79
78% 78% 79
84
84
8;
5-<% 5914
59ie
59% 59% 58% 59
22
22
3219
3.
*4^
108
Tuesday,
Aug. 4.
Monday,
'126
CUIoagoA Alton
179
80
78% 79% 79% 79% 4,636 76
Ex righto.
Exobangas. x Ex dlv.
t
Jan.
Jan.
6
21
68
83
Apr.
Sa
u
51
J
.
.
(Contiiiiieil)— /.VAOrirFg
EXCHA.NttE PRICES
NEW YORK STOCK
Range
Aiig. 7.
1891.
{sales) in
B»llron'« M4>ckSa
Aiabama & VickbursU
100
100
35
170
95
& Siuiquehanna
92
Atlanta & Cbarlotle AirL1I....100
BelleTllIe & South. 111. pref....lOO 135
Albany
prel.... 100
Boston&N. Y. Air Line
& Pitts
Burl. Cedar Rapids &Nor
California PaciflcH
Cedar Falls & Minnesota
26
23
100
Brooklyn Elevated!
Preferred
&
Cleveland
29
74
20
10
150
152
100
Pitisburg
Oreenville pf
50,
Columbia &
Des Moines & Fort Dodge
Preferred
S.
Shore
&
Atlan.H
PreferredTl
Flint & Pere Marquette
lOOi
100]
4.>4
100
8
100|
lOOi
4
Green Bay Win. & St. Paul
Houston & Texas Central
Illinois Central leased lines
Kanawha & Michigan
Keokuk & Des Moines
—
May
Apr.
32
June
5%
12%
I6l2
June
78
6
1
Mar.
July
July
Jan.
July
Mar.
Feb.
7
26
55
Jan.
July
Jan.
70
July
Apr.
7
5»«
3i8
4
5
2
16
90
14
61a
80
6'4
14
101
33
May
Mar.
Feb.
Feb.
261a Apr.
861a Apr.
8% Jan.
81a Jan.
4 Apr.
May
96
16
4
Feb.
Mar.
13 la Apr.
301a Jan.
63 Jan.
85
Jan.
1091s Apr.
40 Jan.
May
5
Jan.
1371a July
104 Jan.
Morris & Essex
K. Y. Lack. & Western
20
16
15
N. Y. & Northern pref
5
5
7
Peoria & Eastern
152 149
Pitts. Ft. Wayne & Chicago. .. -10" I.-SO
No price Friday latest price this week.
'
61a
15
6
15
Feb.
Apr.
Jan.
6
75
115
81a Apr.
Mar.
5
19
Apr.
June 152" Jan.
4% Feb.
12
25
100
50
lon
100
100
Mexican National
7978
12
100
100
100
Preferred
100
Lo.,
cons.
lioulsv. Evans. & St.
100
Preferred
preceding
page
lou.St.L.&Tex. See
50
Mahoning Coal
50
Preferred
Memphis & Charleston
37%
144
51a
91a
17>«
1001
lOOi
lOO!
100:
Jan.
Jan.
3%
7%
100
100
Preferred
Georgia PaeiflcH
135 June 140 May
99 June 1031a Feb.
30 -Apr. 30 Apr.
79
40
14
lOOi
Atl., Benef. trust rects.ll..
May
162Js Mar. 1671a
331a
100, 3338
100|t 78%
25
lOOi
Buffalo" Rocliester
Highest.
Lowest.
Ask.
Bid.
U Indicates unlisted.
Duluth
:
514
May
1481a Mar.
110
Mar. 22
Mar.
Apr.
June
Jan.
8
152i4Mar.
Jan.
[Vol. LIU.
STOCKS.
Indicates actual sales.)
(t
Aug.
IMAOTIVE Stocks.
H Indicates unlisted.
Inactive Stocks.
ife
.
THE CHRONJCLE.
180
Clilc.
.
.
Pittsburg & Western
Rensselaer & Saratoga
St. Jos"ph & Grand Island
St. Louis Alton & T. H
St. Louis Southwestern
Preferred
South Carolina
Toledo Peoria & WesternU
Toledo St. Louis & K. CityU
Virginia Midland
7.
Ranqe
]
Ask.
Bid.
(sales)
Lowest.
m 1891.
Highest.
50
175
100,
Oo
100
175
25
30
51a
12 78
t
100
100
6
June
12
Aug.
61a
5
714
14
Mar.
142
Jan.
Apr.
Apr.
6
36
June
71a
16% May
9I8 Feb.
312 Jan.
16
10
15
7
May
Mar. 185
5
Feb.
2613 Jan.
1
15% June
100
miscellaneous Stocks.
100, U47
Adaras Express
39
Americi n Bank Note CoH
100 116
American Express
100
80
Am. Telegraph & Cable
i
Americau Tobacco Co., pref ..100
939
100
Brunswick Company
Buckeye Pipe Line
70ifl
Chic June. Ey. & Stock Yards. 100 t
Preferred
100
1 00
Columbus & Hocking Coal
100 1041a
Commercial Cable
100 24
ConsoLCoalof Maryland
100
13
Laclede Gas
100
Do
pref
16
Lehigh & Wilkes. CoalTI
100 ! 19
Maryland Coal
100 70
Minnesota Iron
100 t 24
National Linseed OH Co
100
9
New Central Coal
100 : 39%
Ontario Silver Mining.
Pennsylvania Coal
50 250
50
Phila. Natural Gas
25
Postal Telegi-aph— CableU
Quicksilver Mining
100
4%
100
Preferred
16
Texas Pacific Land Trust
100
100
57
V. 8. Express
Wells, Fargo Express
100 138
150
Feb.
41
118
113
98
97
Jan. 1123 Feb.
781a June 821a Apr,
i
Aug. 101 la
9 Julie 21
14^8 July
26
69 June 80
81 July
86
1938
14 July
71 14
Mar.
Jan.
Feb.
Mar.
July
Jan.
1081a Mar.
28 July
12 July 201a Jan^
40 May
60 Jan.
16 Mar. 16 Mar.
1914 May
15 Jan.
68 May
81 Jan.
24 Aug. 4238 Jan.
913 July
12 Jan.
3818 July
44 Jan.
1051.* 10313 Jan.
27
15
i
231* Mar.
!
i
18
1
Td'n
I
11
5>4
17
63
142
May
May
May 290
260
30
23
Fell.
34
4
36
14
Jan
24
38
July
Feb.
e'e Jan.
Juue
40
Mar.
19 'a Apr.
Jan.
Feb.
Feb.
5018 .lune 70
137 Jan. 145
;
NEW YORK STOCK
SECURITIES.
Alabama— Class A, 4
New York
looia 101
105
95
107
100
7
150
15
190
3
105
84
1894-1895 101
Stamped 48
Missouri— Fund
1, 1891, is
5
City
7
87
We omit
week ending Aug.
for the
(00)
BAMi-b.
(COS omitted.)
Banket New York...
Manhattan Co
Merchants'
Mechanics'
America.
Pbeniz.
City
Tra<leBmen'a
Chemical
Merchants* Exchange
Gallatin National..
..
Butchers' A Iirovers'.
Mechanics' «& Traders
Greenwich
Leatnel Manufact'rs.
Seventh National
State of New York....
American Exchange..
Conunerce
Broadway
Mercantile
Pacific
Bepnblic
Chatham
Peoples'
North America.
Hanover
Oavitdl.
Surpltu.
Loatu.
Specie.
LeaaU.
*
<
t
*
s
2,000,0
2,0S0,0
3,000,0
2,000,0
3,000,0
1,000,0
1,000,0
1,6.39.4
300.0
400,0
200,0
600,0
300,0
1,200,0
6,000,0
6,000,0
1,000,0
1,000,0
422,7
1,600,0
460,0
200,0
700,0
1,000,0
294,7
432,8
140,5
674,0
68,3
478,5
2 088,6
3,271,5
1,5J1,4
987,5
429.0
958,8
814,5
312,9
673.8
1.6"3,a
284,5
415,1
246,1
763,8
euc,o
soo.o
760,0
600,0
600,0
Nicholas
Shoe & Leather
Com Exchange
Continental
Oriental
,
Imponera' & Traders'
Park
Kast River
Ponrth National
Oftntral NationHl
B ^cond Xaiional
N-uth National
PlTBt Natiuual
Third National
N. Y. Nat'l J!.xobange
Bowerv
New York
Conntv...
German-A raerleah
. .
Chase National
Avenue
0}rman ?3xchange..
Uermaula
F'fth
TJnlteil States
Lincoln
,
Garfield
Fifth National
of the Metrt>p...
Bank
Westyiiie
Seaboard
Sixth National
Western NationHl.
Tint Natioual.B'kl]n]
5.263,0
9,646,1
1.888,8
21,578.1
3,288,1
4,8i4.8
1,705,1
2,148,0
l,lu6.2
2,989.8
1,219.4
3,257.8
1,000,0
1(00,0
St.
442,9
3.607,3
10b,6
6,603,7
111,2
Irving
Markets Fnlton
12.070,0
9,529,0
6,682,6
7,926,0
760,0
300.0
600,0
Citizens'
Kftsean
1,82R,0
1,631.3
P00.7
1,900,7
2,128,0
1,000,0
1,000,0
800,0
1,600,0
2,000,0
260,0
8,200,0
2,000,0
300,0
760.0
600,0
1,000,0
300,0
260,0
200,C
760,0
600,r
100.0
200,0
300,0
600,0
800,0
300,0
160,0
800,0
300,0
600.0
200,0
123,1
244,2
1,207,9
2U2,'i
416.2
6,120,9
137,0
1,643,1
6;6,3
363,0
263,3
6,834,8
28,2
161,9
499.7
673,0
290,b
1,013,3
845,9
6Ub,8
474,2
632,1
86.^,9
369.4
297.7
615,3
247,8
176,0
868,1
8,»OP,0
800,0
296.1
788,6
<'4
147
fl
13,'.;03,2
15,9115.0
18,086,4
5.409,8
8.(00,8
2.781.1
9,829,9
6,575,2
2,408,1
4,039,6
12,761,0
2,835.0
2,706,5
2,824.7
3,813.5
1,842.0
2,703,0
7,417.1
4,215.6
2,1140,0
21,2'i7,0
21,054,8
1,100.0
16.843,7
7,027,0
4,357,0
2,397.4
21,663,7
3,298,2
1,578.3
3.386.0
2,9:19,3
2.811,2
10,028,7
4,4X1,6
2,846,7
2,611,1
3,991,3
3,710.2
1,610,0
1,928.0
578,5
2,209,0
2,188,5
733,0
2,371,4
252.4
6,853,7
263.2
671,2
231,5
116,0
190,6
274,3
280.1
277 2
2,000,0
862
1
9730
914,1
377,8
1,200,0
664,0
953,1
8J8,0
12,973.1
6,197,0
14,5:9,6
1,717,2
23,367,2
3.919.6
3,809,8
13;i,8
2,597,2
86",.
4B6.6
241,6
410.11
103.2
407.5
1^54
438.6
1.878.0
3,197,9
338.1
1,342,8
376,5
1,931«,1
901,1
233,5
4,213,7
694,1
606,7
1,168,1
54,7
629.0
1,3U7,9
1049,1
133,6
8,8t>0,0
3.176 4
136,9
4,075,6
1.2f.2,0
1,0:4,0
732.9
2,788,8
380,2
116,9
524.0
7i0.0
436.2
2,187.3
1,002,4
166.7
810.6
701.3
1,202,3
8647,9
617,1
1,823,8
4,088,6
8,02 !,U
8,6<7,0
1,690,0
9.908.7
3,768,0
245,0
670,1
840,0
646,0
180.0
1.223,6
83«,6
7.6>'8,0
679,0
6,661,0
802,6
302,1
584,8
650,9
8,438,3
5!'8,5
638,9
219,6
299,1
857,0
206,8
601,0
188,0
242,3
38»,3
2,2> 6.0
6,36'2,4
12;,
1,631,1
699.0
448,0
278,6
2,72j,1
3.0,3
269,1
140.U
14'^,3
95,4
2,248,8
308.
64 7. _
878.7
298,2
408.0
889,2
283,0
547,4
177,0
673,0
75.0
898,1
185,8
«R°C5n»P6.61 10 64,146.8
1,745,1
2,106,
1,130.4
2,428,5
1,337,7
2,701.7
13,l.'i6.0
13,890.3
4,h27,8
8.446.8
3,1148,2
11.061.O
6,934,7
3,090,9
4,765 1
14,780
3.2i*9.U
2.973.1
3.2lil,9
4,046,6
1,719,5
3.603,0
6,656 9
4,7»9,2
1,970,0
settlement, 6s
5s
38
Virginia 68, old
68, consolidated bonds
68, consolidated, 2d series, rects.
3I4
6b, deferred, t'st ree'ts, stamped
11...
18...
25...
"
"
AuB. 1...
Hoston.'
July 18...
"
Loant.
SvecU.
L,rtaU.
86,793,7
33,793,7
35.793,7
1...
$
9.253.6
8.758.9
8,366,0
92,983,0
92,614,0
93,088.0
%
3.60S.2
3.670.5
3.73 ^3
3.913,8
594,802,3-
6.701,0 128.443,2 3.437.6
6.7.i6,l 125,92X,9 3,466,3
6,56i,7 121,262,8 3,117,6
91,368,6
81,079,8
82,754,6
29,813.0
29,888,0
29,099,0
We omit two civ\erg
delphia, the item
DevoHts.i Oi'c.'vn Oieortnfi.
393,860.8 8«.236.4 •50.304,4 404,868.9
392,003.3 65,333.4 19,907,6 402.795.5
392.479,0 67,59if,8 53,09 t.& 408.810,9
.39n..>i»l,l 88,339.0 53,060.0 408,7,'^1.7
389,660,8 66,611,0 54,145,t 106,101,8
66.812,9 162.519.9
65,842.9 152.082,2
66,842,9 152,917,1
26.
B anks
tx
*
25...
•
Boston and Philadelphia
City,
125.508,9
125,508.9
125,625,7
121,920,5
124,920,5
Aug. 1...
Phila.*
July 18...
AUK.
—
St*n>iu».
N. V«rk.
July 3...
•'
11,2300
9,1M,0
l,5}i4,2
1,2336
54'i,8
Dtpositt
New
Capital
Bahsb.
Ask.
95
98
62
1912
72
1913 102
1913
102»a
1913
67% 681a
Comiromise, 3 4-5 6s
7
7
100
127
21a
New York
in all cases.
Bid.
B.C. (cont.)— Brown eonsol. 68.1893
Tennes-see— 6s, old
1892-1898
1893 101
North Carolina— 68, old
J&J 30
Funding act
1900 10
New bouds, J. & J.... 1892-1898 20
Chatham RR
4
Special tax, Class 1
4
Consolidated 4s
1910 96
6s
1919 123
Rhode Island— 68, cou.. 1893-1894 101
two ciphers
7.
SECURITIES.
Ask.
Bid.
New York—6s, loan
South Carolina— 68, uon-fund.1888
Bank Statement
as follows.
SECURITIES.
Ask.
Bid.
1906
1906
Class B, 5s
1906
Class C, 4s
1920
Currency fundine4s
Arkansas— 6s,fuud. Hoi. 1 899-1900
do. Non-Holford
7s, Arkansas Central KR
1914
I.ou]8ian.a— 78, cons
to
AUGUST
EXCHANttE PRICES—STATE BONDS
in all these Mgima.
due to other banks."
835,162,6
584,705,6
179.17
1,0!(5,6 516,947,5
95.193.0 2,0'J8,0
94.8110.02,101,0
94,581.0 2,111,0
+ lac'.adiag, for
63.874,2
68,360.0
61,897,0'
Boston and
1
City Railroad Secnritles— Brokers' Quotations.
Mlantlc Av., B'klyn.St'k, 110 116
Drv Dock B. B'y & i3.—
Gen. M., 59, 1909...A&O 103 106
Sortp8o
F&aI 99
Broker St. A ti'iil. F. -Stik. 25
27
Kl«hth Av.— Stock
210
Ist mort., 78., 1900-. J&J 110
114
BighthAv.— Scrip, 68, 1914 105
1
gr'dway
fe
7thAv.--St'k.. 190
Ist mort., 58, 1904 .J&D 102
2d mort, 58, 1914.. .J&J 10(1
8'way l8t, 58, gu
Snd 6s, int. as rent.,
Brooklyn City- Stock
'21
'05.
100
90
167
Ist mort., 58, 1902,. J&J 100
B'klyncrosst'n 68., 1908 108
Bkn.C'y&N'n58,1938 J&J 100
Oentral Crosstown— tit' k.
.—
1st mort., 88,1922.M&N 115
Oent. Pk. N.& B. Riv.— 8tk. 110
Consols. 78, 1902 ...J&D 112
Ory Dk.E.B.& Bat'y— stk. 125
latmort., 78, 1893..J&D 100
196
104
104
104
94
160
102
110
102
147
117
115
116
130
103
ICl
109"
215
& Gr'nd St. P'ry— Stk. 210
A&O 102
42dSt. M;anh.& St.N.AvB.I 37
l8t moit., 6a, 1910.. M&8 110
42d
Ist mort., 78, 1893.
1105
!
2d .M,. incorae,6a-...J&J; 17
H0Q8t.W.St.«P.l<"y— MtK. 200
'""
lat mort., 7s, 1894. .J&J
Ave
Ni.iih
40
113
60
—
8e -Mnd Ave. Stock
lat mort, 5a, 1909. M&N
Sixth Ave.- Stock
Third Ave.— Stock
lat M., 6a, 1937.
J&J
...
Twenty-third St.— Stock..
latmort., 7a, 1893
21,8290
28,833.3
922,7
17,26o,4
7.73 l.U
6,2o7,0
3,u98,9
20,327,3
2,873,8
1,518.0
3,446,0
3,25m.4
Bank Stock List--Latest
UAJUKa.
ma. Aaa,
202
Bxob... 118
295
Broadway...
4inailoa
4.10.
Bowery
Batobs'&Ui-. 180
Central
126
Chase
2470,2
Chatham
12,882.3
4,820,0
3,290,1
2,872,0
4,17o.4
4,811.4
4.094,7
2.001,8
4.848,6
2,085,0
4,015.0
Chemical
—
208
155
310
270
182
132
3,161,0
lOA'ini a
lallatln
Qarllold
305
Qermania
Oommerce...
186
135
240
112
166
250
N.Y.NatEl. 132
200
SHrat
Plrst N., S. 1. 103
14tb Street.. 170
112
Ninth
103
Park
210
186
8«0
298
300
348
635
196
280
People's
Pheuix
...
370
125
113
176
171
Manhattan... 175>< 183
Market* Pul
230
Mechauica'..
2o6
M'chs'&Tra'.
226
Republic
Seaboard
Second.
Mercantile... 218
8hoe<ALeath- 146
St. Nlchoiaa 119
State of N.Y. 108
Third
95
90
Uuit'dStatea 200
Merchanta*.. 150
Merch'ta Kl. 118
KfthAve.... 2000
240
N.Y. County. BOO
ioii
Oerman Am. 118
German Ex. 30()
Uncoln
l,'i70,0
8,4 16.1
Bid.
Greenwich... 180
lilO
Hanover
345
375
Hud. River.. 140
4500 4900 Im. & Trad'a'
445
Irving.
186
180
iso" Leather Mis' 240
OltiMns'
Oolambia.... 200
Oonllnental
Oom Bxch...
Depoait
Bast River..
lltb Ward...
bank stocks tliis week.
Aak.
BANKS. Bid. Alk-
prices of
llAJSJ>.iS.
160
126
10
.Metropolitan
7
Metropolia... 875
Mt. Morris
..
Murray HiU. 600
^T„a,„^
llfi,;
.
.. ,
^
^
380>
136
186.
.(ti<n
>«
Western
1
..
is7
113
n7(.u. «i,i,»
9213
200
166
112:
104.
96.
J
J
ACOU8T
8,
THE CHRONICLE.
1891.J
1«1
BUSTON, PHILAUELPIIIA AND BALTIHOBe STOCK EXCIIANUE«).
17* Share Prices — not Par flentaai Prices.
Active Stock*!
H ImUcatea unllated.
Atch. T.
&
AtliiuM,'
A
Baltluuiro
S. Va
Piir.
(BoHoH)AOO
100
•'
A Ohio
iDl pirriMToil
iirrfiriod
2il
(llaltJ.lOO
"
100
"
100
Boston A Alliaiiyi B<wfo)0.100
Huston A I^owiMl
1(K)
Boston A- Miifno
100
100
100
100
Central of Muss.
Prcforrcd
OhU'.Bur.AQuln.
Monday,
Saturday,
Auk.
Aug.
1.
Sm
S2>*
32>S
•4
*84
'
si"
"88
lai
115
•200 201
173 175
170ifl 172
•16>« 17
30
70\
em
'41
Chic. Mil. & HI. P. (PhilJ.lOO
Chic. A W. Mich. (BMton) 100
'•
Cleve. & Cantou
100
"
Prefcrreil
100
"
Fltehburif iiref.
100
.
"
A IVrc Marq.
100
"
Preferred
100
Hunt. &Br.Top.rPAi/o;. 50
"
Preferred
50
"
LehiKh Valley
50
Maine Central (Boston)AOO
"
Uezlcan Central
100
"
N. Y. & K. Kug.
100
"
Preferred
100
Northern CentmUB<(«.;. 50
Korthern PautHc <PhUa.).lOO
"
Pref.'rred
100
Old Colony
( ttoaton). 100
Peun-tylvanla.. (PhUa.). 50
Phlladel. & Erie.
"
50
Pljlla..(r Reading
"
50
Summit Branch CBo»toii>. 50
'•
Union Pacltlc
100
32%
31%
•4
....
eo
•84
88
131
118
....
118
200
173
175
178
175
176
;75
'10%
81<>8
62 >9
16>a
161s
82>a
81%
63
02
37
82 14
62 H)
421a
4219
42% 42%
6
21
'5
71
71«s
70>a
20 Hj 2OI9
•41
45
'60
*20
44>a
Fl.
•05
4736
4738
17M
125
17'9
18
31%
3238
95
95
21
71
20
71
•19ifl
71
125
47
•125
ISk
18i«
60%
50
13ie
13',8
'io^a "i'iis
4138
25
4
United Co.s.ofN.J.rPAi7a.;iO0 220 223
222
*6i4
We8tcruX.Y.APa('P/ii7a.MO0
6% *6
222
75%
Calumet & Hocla
"
25
Canton Co
(BaltJ.lOO
"
Consolidated (Jas
100
Erie Telephone (Boston). \Wi
Lanisou siiircScr. "
50
LehrhC(palAN'av Fhil, 60
N.Kni;. Telephones «'>«<' »;100
North Amerkau. (PhU.).lOO
Tliomson-IPuEl. MfBosCn) 25
"
Preferred
25
II
West End Land..
"
* Bid and asked prices;
87
177
76%
87
180
41
14
240
57
41
14
240
'
42
87
176
222
6«8
*6i4
6I2
7738
7438
8614
75%
42
•14
19
18»s
46J2
181s
4614
46
49
46
49
13
40
13
40
21%
24% 21%
49
I213
40
*21>s
121a
Bid.
Ask.
"
.
.
.
Parkeisburg
Pennsylvania
AN. W.
A Gaston
Kutlaud
:..
50
00
(Boston). 100
100
(Ball.) 100
••
100
(Boston). 50
68%
"
50
(Phila.). 50
58
"
50
(Ball.). 50
10%
"
lOO 107
"
100
Preferred
Seaboard
A
Roanoke.
1st preferred
(Ball.)
Preferred
West Jersey
West Jcrse^ A Atlan.
Western Maryland..
Wilm. Col. A Augusta
WIlmingt'uA Wcldon
"
10
"
"
10
25
25
"
Huron
"
.Miiiiijg
"
5
25
niinois Steel H
"
100
Kearsiirge Mining
"
25
Morris Canal guar. 4. {PMla.).100
Preferred guar. 10
'•
100
Osceola Mining
(Boston). 25
Pewabic Mining
"
25
Pullman Palace Car..
100
Qnincy Mining
Xaumcaek Mining
Thnnis'nKli.e.W'-' ""•>
1 UBllsi^-d.
i
120
181a
97
21%
60%
50
2II4
59^8
•164
50
"din
b'i'g
60%
60%
165
50
165
49^8
38%
464
12''8
3938 x3'ii4
1658
17
tr.
13
4613
19
4618
245
6%
130
77% 80%
16,755
•la's
4618
421s
461s
49
13
•13
381a
39
"
"
18% 18%
46%
•46
49
13%
39%
24%
16%
I314
2t% 24%
I6I9
161a
100
100
50
Ist, 68
77
48%
103
85
99
85
88
93
121
1 120
95
106
89
I
t
11
36
25 98
25 152
08
158
100
17 1|,
11
3
11
14.
18
18
6
13
10
28.
2»
10
May
1
Jan. 12
Apr. 2a
Feb. 8
Feb. 11
415' 42
31 280
27 58
1 49
440
30
30 24
488'
130
376
89.T
July
4ii4Jan.
Aug.
45% July
15 Mar.
44% July
47% July
31
31
30
1179 June 23
x38i4Aug.
5
127 24% July 10
3,668 tl558 July 31
tEx
Mar. 31
Juue
2^
Jan. 14.
50% Mar. 31
48%
53
19%
49
26
24%
Jan. 9
Feb. 10-
May 5
Feb. 17
Jan. 31
Jan. &.
Apr. 23:
rights.
Bid.
Ask.
tlI2%
104
tll9
1*04%^
112%.
101
112
98%
t
t
t
t
75%; 75%.
48%
32% 34
25% 26
tl07
126
113%
St. L., 78.... 1900,
lOlift
97
116
51
105
104
105
105 >ft
108>»
JU
116% 118
Atlant?^S^k,^lsi^8T?!JSf,
1900, AAO 102 108
Income 68
Baltimore & Ohio 4 g., 1935, AAO
108
Pitts. A Conn., n g.. .1925, FAA
97
981ft
108
100
110%
99%
CapeF.&Yad.,8er.A.,6g.l9l6, JAD
1916. J&D
99>ft
^ries B., 6g
101
1916. J&D
Series C, 6 g
M&S
1930,
Cent. Ohio, 4% g
105
Charl. Col.&Aug. Ist 78.1895, J&J
100%..
Ga.Car. ANor. I8t5g..l929. J&J
1900, JAJ 112%
North. Cent. 68
1904,J&J
113
68
69
32%
18
,118
112
100
100
jtl02 104
1926,J&J
Series A,5b
4I38
1925, A&O
Oxf.AClark.,lnt.gu.,6 g.l937,MAN
Pledm.A Cum. , 1 st, 5 g 19 i 1 , FA A
Pitts. A Connells. Ist 7b. 1898, JAJ
Virginia Mid., Ist 68... 1906, M&S
1911 M&S
2a Series. 68
1916, MAS
3d Series, 6s
1921, M&S
4th Series, 3-4-58
1926, MAS
5th Scries. 58
We«t Va. C. A P. Ist, 6 g.l9 1 1, J&J
West'tL "*.C. Consol. 6 g.l914, JAJ
Wilm. Col. & Aug., 68.. 1910, JAD
97
100
.
115%
HIBCELLANGOUS.
Q—
112%
116
idi"
104
131
Baltimore—City Hall 6s 1900,
.Hunt, ABr'dTop,Con.58.'95,A&0 102
1900. t>--J
Funding68
Lehigh Nav. 4%8
1914, O-J 106%
J.&J
68..
1002,
RR.
I'd
wary
West
2d 68, gold
1897, JAD 109
1916,
General mort. 4%s, g.l924,Q-K t
101%! Water 58
1916, MAN
Funding 58
Lehigh Valley, 1st os... 1898, J&D 110%!
1031*
I9ti0, J*J
Exchange 3%8
1910,M&8 133
2d 78
1932, J&J
68% 64
new.
(8tato)38,
Virginia
ConsoLO
1923, J&D 124%!
1900, J&D 104%
Chesapeake Gas, 6a
North Penn. l8t, 7b.. ..1896. MAN 113% 114
113
1910, J&D 112
Connol. Gas, 68
Gen. M. 78
1903, J&JI 122
99
1939,J&J
58
IPeunsylvanlageu. 68, r..l910, Var 128
104%
1913,
A&O!
Gas,
68
JEquitabie
Varl
119
Consol. 6s,c
1905.
MAN
\
I
I
i
t
June 16.
58% Jan. 17 92% Apr. 2<V
84% Mar. 11 96% June ^
8 2 9 173% Aug. 6! 220 Jan. 14
1,674, 3SI14 Jan 21 46% .Mar. 31
Jan. 14^
2 17
56S' 13% Jan.
-
10%
25
WaiTen & Frank., l8t,78.1896,F&A
6
q—
6
Clearlleld AJeff., 1st, 68.1927, JAJ| 116% 117%
1900-04, M&S 117
Connecting. 68
11% 12 Del. & B'd Br-k, 1st, 7s. 1905, F&A 124
14% 15% EastouA Am. lBtM.,58.1920,MA.V| 107%
4% Elmir. A Wilm., 1st. Os. 1910, JAJ.
195
38
Jan. 6
Apr. 23
8658 Apr. 23
Staten Island. 2d, 5 g.l926. J&J
Bal. AOhio 8. W. .l8t,4%g. 1990, JAJ
1997
68
32
6
May 23
85%
26%
F&A
Pitts. C.
Po'keepsle Bridge, 6 g.l936, FAA
SchuyLR.E.8ide,l8t5 g.l935, JAD
8teuben.AInd.,l9tm.,5s. 1914, J&J
1894, A&O
United N. J., 6 g
Char.Cin.&Chic.lst5g,1947,
And aocmed Interest.
17
A
•
9
105
Con.M.,5 g..8tamped,1922,M&N tlOl
96
PhlL Wilm. A Bait., 49. 1917, A&O
87
it
Jan.
Jan.
7
22
1919, Var
Penna. Consol. 58, r
1913, JAD
CoUat. Tr. 4% g
Pa. & N. Y. Canal, 7s.. .1906, J&D
1939, AAO
Consol. 5s
77% Perkiomen, Ist8er.,58.l918, Q-J
49%, Phila. A Erie gen. M. 5g.,1920, A&O
1920, A&O
Gen. mort, 4 g
163 h Phila & Read, new 4 g., 1958, JAJ
Ist prcf. income, 5 g, 1958, Feb 1
100
2d pref. income, 5 g, 1958, Feb. 1
100
3d pref. income, 5 g, 1958 Feb. 1
1893, A&O
2d, 78
1911, J&D
Consol. mort. 78
1911, .IAD
90
Consol. mort. 6 g
ImprovementM.eg., 1897, AAO
94
2%
1
51
Bonds.
1902, .Vl&N (106%
1898, FAA jtlOO
1900, F&a'
13%
39%
24%
Ask.
Bid.
6%
2
13
May
4838 July
Feb.
Feb.
31 2438 Tan.
31 4158 Jan.
31 116% Jan.
1' 66% Fob.
30 2958 Jan.
31, 71
Feb.
20 168% Apr.
19 53 Apr.
30 32 Feb.
4;
ft
12
1».
6638
658
Feb. 5
Aug. 6 52%
July 31 230
July 31
9
218i 240
247
"45
19
46%
49
(Boston)
JiUy
Aug.
s,,
20
860
57
49
3iH
24% 24%
16% 16^8
X Ex dlT.
recti
6%
246
39I8
24% 24%
222
"42 >«
451a
May
24
4%
243
411s
13 12
4»-'8
12,546 36
11 222
175% 177
41% 41%
1438 14%
179
July
37% 39
8614 86%
1731a 17S1.2
4II4 41%
13% I414
49
13
iCatawissa, M., 7s
90
60
2,627
20'4 July
58% July
371s
61s
July
July
102
13,128 12
Bonds.— Philadel ihja
Allegheny VaL,7 3 10s, Igfio, .TAJ 107
103%
l^s Atlantic City Ist 58, g.. 1919, M&.Vi
12% Belvidcre Del., lst,6s..]902, J&l) il2"
1%
80
74% 77 14
46
19,718'
13% 14
861s
461s
•ISia
i
96;
74%
19
9,336i 31
319> 94
5,503
6158
165
86>a
46
2d, 5s
12%
"22
73
131a
17% July
1,400
8
18
Apr.
June 4 51
12 120% July 30 146
63% June
•638
46
49
RuUand,
126
"e'lj
245
243 215
57
42 Is •42ie
46 >a
36
222
Jan.
3071 4579
1338
I314
7 131
2
20
Mar. 13
5
Mar. 14
75 17 Mar. 14
«1 70% Aug. 3
Is Mar. 19
65 July 30
21, 17% Jan.
2{
4071 4.1% Mar. 20
100
13%
1936, i.AO
2m., 2— 6 g
1925, A&O
Mar. H. A Ont., 68
1923, J&D
Exten. 68
Mexican Central, 4 e... 1911, J&J
1st consol. incomes, 3 g, non-cum.
2d consol. Incomes, 38, non-cum.
N. Y. & N.Eng., 1st, 78, 1905, JAJ
1905, JAJ
Istmort. 68
1902, FAA
2d mort. 68
2d mort., scaled, 5s... 1902, FA A
Ogden. A L. C.,Con.68.1920,AAO§
1920
Inc.68
17
4438
4738
•6i4
178
41
III9
M
41
13,900
•63
Mem. A Bir.,1 8t,58,1927, MAS
K.C. St. Jo. AC. B., 78.. 1907, J&J
L. RockA Ft. 8., 1st, 7s.. 1905, JAJ
16
22%
34% 3358
98% 99
98
Jan.
47 xl03 July 3 119 Apr.
99 192 Jan.
205 Jan.
6 172% June 12 183% Feb.
486 1.57 July 10 209% Feb.
60 16% July 7 20% Jan.
10 34% Jan. 2 40 Fob.
11,248! 75 '8 Mar. 7 93% Jan.
!
....
•18% 18%
181s
34% 34%
98
jK.C.
69
82
60
33
.
Fort Wayne KlHctricIT
Franklin .Mining
Frenchiu'n'slJayL'nd
4738
Loul8.,Ev.ASt.L.,l9t,6g.l926,AAO
Wisconsin Central. (Boston). 100
16%
Preferred
"
100
Worc'st.Nash.&Roch.
"
lOO 121
Boston Land
Centennial Mining...
19
35I8
1919, AAO
Cbic.AW.Micb. gen. ."is. 1921, J&D
58.1913,
J&J
Vermont,
iConsol. of
ICurrent Kiver, 1st. 5s. .1927, AAO
M.
78.
J&J
Nor'n
1907,
!Det. Lans. A
lEnstem 1st mort. 6 g., 1906, MAS
st,
68.1933,
AAO
11 ree.Elk. A M. V.,1
Unstaiiipedlst, 08....1933,AAO
K.C. C. A Spring., 1 st,5g.,1925,AAO
!k. O. F. S. a M. con. 68, 1928, MA.N
1
.MISCBLI.ASfCOrS.
AIlouc? Mining
(Boalon). 25
•
Atlantic Milling.
25
City Passenger BK... (Batl.). 25
BayStatetias
(Bostmi). 50
44%
4738
Iowa Division 49
,
West End
44 14
4733
,Chlc.Burl.AQu1ncy4s..l922,FAA
50
(Ball.)
{Phila.)
44
Bonds.— Boston.— ,. ,
At.Top.AS.F.lOO-yr. lg.,1989. JAJ
100-year income o t:., 1989.8ept.
Burl. A Mo. Kiver Exempt 6s, JAJ
1918, JAJ
Non-exempt 68
1910, JAJ
Plain 48
Chic. Burl. A Nor. 1st 5,1926, AAO
1918, JAD
2d mort. 68
1896,JAD
Debenture 68
6
58
"65
•20=8
Inactive stocks.
250
30
.
47%
•222
•IS-a
Westing. El.
•70% 71
^2l2
120
18'8
331s
9Sis
Thom.Europ.E.WeldH
Water Power
7.
.
"42 'la
16%
I
{Salt.).
.
178
1414
244
441a
120
86I2
41% 41%
40
20
16
no sale was 'made.
'
56%
50
50 50
"
Charl. Col. A Augusta
100
i'onnceticut & Pass. (Boston). 100
123
"
Conuectieut River...
100 217
Delaware A Bouud Br.(P/ia«.) .100
ieio
Har.Ports.Mt.JoyAL.
"
50 78
Kan. C^\• Ft H. A M em (Boslon) 100
"
K.CVFt..S.AOulfpf.
100
K. CityMcui. ABirm.
"
100
Little Schuylkill
(Phila.)
50
66%
Manchester A Law.. (iJos/on) 100
Maryl.-fnd Central
{Bolt.) 50
Mine Hill A 8. Haven (Phila.) 50
65
Nesquehoning Val....
"
50
54%
Northern N. 11
(Boston). 100
North Pennsylvania. (Phila.). 50
80%
Oregon .Short Line. ..fBostoJi;. 100 21%l
Kaleis-h
245
57
43
46><2
•
177
141?
240
*4«
Atlanta & Charlotte (Ba/(.).100
Boston A Providence <«o»(o«). 100
Camden A Atantlo pf. {PMla.). 50
CatawLssa
"
50
1st preferred
"
50
2d preferred
Central Ohio
87
177
42
4-23e
*18»a
*46
Inactive Stocks.
Prices 0/ Aug.
77i<)
4718
I318 I2i»,g
5
4II4
37^8
macellane'<ni> .Stocks.
Am.Suy'rRettn.lI CBo»(o«;
Preferred
"
"
Bell Telephone..
100
Host. A .Montana
"
25
Butte A- Boston..
"
25
19% 19%
201a
Hlffbest.
,
25
1338 12is„
•4
5
41T8
39 Is
222
127
•65
41%
96
163 "a
50
ISifl
•20
•701a
33ie 3358
95>a 951s
1*63
•63
2138 2156
2158
21
60
59>9
611^
61
163 >« •1631a 165 •163
50
50
50
501s
95
163
20
71
*2iiie
18's
32% 32%
•63
211a
20% 20%
59% 60%
•iO
45
130
438
•5
71.
4714
Lowest.
24% Mar. 10 34 "1 Apr. 24
100
1% Juno 30 6 Jan. It
85 .Mar. 4 93% Jan. 13
....
•5
•68
47%
Bange of sales In 189k
33,892
'
6238
21
2213
441s
4714
'62
87
•41
•5
•5
Shares.
v.
2001« 2001a 200 200«4
•173
172 <a 173
175
1751s 173% 175 176
16>s 161a *16ia ....
37
351a 351a
84
83
821a 84
61% 625; 62''8 63%
•41
•41
83
61^
Week,
Aug.
181
115
200
175
176
•16H
Friday,
32% S3
321a
43g
•84
88
131
200
172
32
•4
200
Bales
of the
Thursday,
Aug. 6.
32 «
200
'
8ti«
0236
Wednesday
32>s
....
131
115
'
•5>a
163
50
3.
Tuesday,
AnK. 4.
Last price this
week
THE CHRONICLE.
182
WEW YORK STOCK EXCHANftE PRICES
cwnfl sange
RinaOAD AND
MiSCEI.. BOITOS.
^^^^„f /^Q'^
m 1891.; 1^^^^^ ^^^
I
&N
.
.Ij'
,
U
&
M & N102
&. J123
M & S 107
. .
N.Y.Lack.
<
N.Y.L.E.&W.-l8t,eou.,7g.l920 M &
95>4 Mar.
J
I
Bid.
Ask.
Railroad Bonds.
(Stock Szthange Prices.)
Alabama Mid. -Ist, g., 6s ....1928
A'lantic A Danv,— ist g., 69.. 1917
Atl. 4 Pac— 2d W. D.,gu. 6&. 1907
B*lt. AOhio— lsv,68,ParkB.1919
DilOS
59
&N
b.
101% July 110
Mar.
63
Feb.
55
Jdn.
I
i
i
!
.
26%
income. 5 g
1958 Feb.
& Western— 4 g.l917 J & J| 7
&Danv.— Con.,6g..l915 J & JllO
.'..."..1936 A &0 SO
Consol., 5g
Kich.&W.P.Ter.-Trust,6g.l897 F & AI 86 b.
3d
iiref.
Pittsburg
25 14 Mar.
30
Jan.
75% Jan.
81
Feb
Jan
78
91% Jan
109% July 118
Kich
Aug.
87 Aug. 100% Jan.
53 July 75 Feb.
& 8j 58
Con. 1st &eol. trust, 5 g. 1914
73J4 Aug.
77% Feb.
RioG. Western— 1st, 4 g.. 1939 J & Jl 74%
K.W.&Ogd.—Cbn.,58....1922iA & 0,108 b 105 Jan. 114 Mar
Jan.
N| 84%a. -82%^ Mar. 1,.92%
—
Island— Og
6g..l925iM&
«
St.Jo. & Gr..Island
« ».
June 1\0% Mar
8t.L. Alt.&T. H.-lst,7s.l894 J & J|*109 b.'lOS
1894'f & A* lOa'jb. I0214 Aug. |107 Jan.
2d pref., 7s
101% Feb. 105 Jan.
St. L. &IronMt.— Ist78...1892 F & A 100
104% Mav 10834 Apr.
1897;M & N 105
2d,7B
103% July IO714 May
Cairo Ark. & Texas, 7 g.. 1897 J & D 104
9334 Jan.
31 May
Gen. R'y &landgr.,5g..l931 A & O 90
& N 108%b 108 June 112% Apr.
St.L. &Sau Fr.— 6 g., CI. A. 19061
1906'M& N 108%b. 106% June 113% Ai)r.
6 g., ClassB
1906,
& N 108%l>. 107 June 114 Apr.
6 g.. Class C
Jan.
102 b. 103 July
General mort., 6 g
1931 J
& N 06%
65% July 68 July
St. L.So. West.— 1st, 4s,g.. 1989
25 Aug. 28% June
2d, 43, g., income
1989 J & J 25%
8.P.M.&M.— Dak. Ex., 6 g.l910
& N
114 May lis Jan.
'
b. Ill
July 117 Feb.
1933 J & j;il4
1st consol., 6 g
do
reduced to4%g...iJ & J*97 b.j 97 July 102% Feb.
87% May
MontanaExten.sion, 4 g.l937iJ & D 84 a. 80 Jan.
74 Feb.
SanA. & Aran. P.— lst,6g.l916 J & J 60 b. 62 Jan.
73% Feb.
b.!
60
&
J
62
Jan.
lst,6g
1926, J
126% Jan 133% Apr.
Shen. Val.-lst, 7 g., tr.rec.l909
61 "4 Jan.
rec.
Gen'16g.,Tr.
55 May
as9't'd.l921
'104 b.'lOS Jan. 107 Feb.
So.Car.- 1st, 6g.,excoup.l920
27 Apr.
20
Income,6s
13 Jan.
193l!
1909-10 J Jfc J|101
101 July 103% May
80. Pac, Ariz.— 6 g
Mar.
114
Bo.Pacillc,Cal.— 6 g....l905-12'A & 0,113 b.'l09%Apr.
•-101% Mar.
lst,conaol.,goId, 5 g....l938'A & O 99
Jan
99
104
Apr.
101 July
So. Paciac, N. M.— 6g
191l'J & J;101
94 Jan.
Tenu.C. I. &Ry.—Ten.D.,l8t,6g A & O 87%a. 86 Jan.
96% JanBirm.Div.. 6g
1917;J & J 90 a. 88 Julv
84 July go % Apr.
Tex. & Pac— Ist, 5 g
2000 J & D 84%
3514 Jan.
28
2714 July
2d, income, 5 g
14
2000I March.
& N 92% 92% Aug. 99% Feb.
Tol. A. A. & N. M.— 6 g
1924
Apr.
108
Tol.A.A. &Gr.Tr.— 6'g....l92llJ & J 103 b. 103 July
Tol. & Ohio Cent.— 5 g
1935 J & J 104%a. 102% July 107% Jan.
Jan.
77
Tol. Peo. & West.—4 g
1917;J & J 72 b. 71% July
91 Jan.
Tol. St.L. & Kan.
6g..l916'J & D 77 b.i 79 July
Mar.
114%
Union Pacific— 6 g
1899'J <St J 110»8b. 110% July
Sinking fund. 83
Mar. 11134 Feb.
1893'M & 8 109
|107
Apr.
74
Collat. trust 4%
1918 M & N 69 a. 69 Feb.
KaniiasPaciflo- Ist, 6g..l895 F & A
ilOT%May Ill Jan.
May
10956
l8t,6g
1896 J &D* 106%a. 107 July
DenverDiv.- 6 g
1899 M & N •106 b. 109% May 111>4 Mar.
Apr.
l8tcon30l.,6g
105
1919
105 Aug. 111%
Oregon ShortLine— 6 g.. 1922 F
100 a.l 99 Aug. 106% Jan.
Or.S.L.&Ut'hN.— Cou.5g.l919A & O 66 b. 66 Aug. 80% Feb.
U.P.Deu.&GuUcou. 5g.l939!j & D 62 b. 67 July 82 Jan.
Union Elevated— 6 g
1937 M & N 107% 106 Jan. Ill Apr.
39% Feb.
Virginia Mid. —Gen. m.,58, 1936 M & N 77 b. 73
July
do
stamped guar.'M & N 80 b. 83 Jan. 90 Feb.
Wabash— 1st, 5 g
1939
& N 99% 96% May 102 Feb.
77% Jan.
1939. iF & A 73%
2d mortgage, 5 g
70 Feb.
36 July
Debent.M., series B
1939 J & J 33%
27 May
WestShore— Guar.. 49
2361 J & J 100
99% July 103 Jan.
Feb.
West. N. Y. & Pa.— l8t, 5 g.l937 J & J '98 a. 96 Jan. 101
admort.. 3g.,5.9C
1927'A & O 26%b. 27 July 35 '8 Feb.
West. Un. Tel.—Col. tr., 53. 1938 J & J 100 a. 93 Jan. 100% Apr.
Wis. Cent. Co.— l8t, 5 g
1937 J i J 85 b. 88 July 97 Jan.
45 Jan.
Income. 5 a
1937'..
31 %b. 28 July
M
—
—
,
,
HO
I
I
I
I
"
M
C—
I
M &N
&A
1
M
1
made up from actual sales
Riv., l9t g., K. 5s
,
M
M
&J
M
M
Bid.
& 0. 8. W., Ist, g., 4%8.. .1990
Men.
cSs
& J 50 b. 50 Juue' 58% Jan.
90 Jan. 103% Feb.
Oregonlmp. Co.— lst,6g.l910J & Di 9914
58 July ,74 Feb.
1939 A & Ol 62%
Consol., 5 g
a.
105%
July 110 May
J|*107
&
Ore.R.&Nav Co.— lst,6g.l909J
1925 J &D| 93%a. 90 June 100% Mar.
Consol.. 5g
106 Jan.
102%b.
102
July
J
&
J
Pa. Co.— 4%"g., coupon. ...1921
100 Jan. 109% May
Peo. Dec.&Evauav:— 6g..l920;J & JlOg
103 Feb.
103
95
Jm.
Evansville Div., 6g....l920,M & 8
74^8 Apr.
66 Jan.
192C,M AN, 73
2d mort., 5g
80 Feb.
7*
June
73
Peoria<kEa9t.—Cons., 48.1940 A & O'
16 June 22 Jan.
1990 April. *20
Income. 48
""
82 Feb.
76
75
July
Phila. & Read.- Gen.,4g.l958 J & J
50%
47% Mar. 58 Jan
Feb.
1 958
1st pref income, a g
34''8
SS's May
32
Mar.
1958 Feb.
2d pref. income, 5 g
only.
*
Latest price this vpook.
PRICES-{ContInued).-JiV.40r/F£
& W.-Deb. 58.1913
ibi%
BONDS-AUaUST
SECURITIES.
Ask.
97
7.
Bid.
Aik.
Rap.& No.— (Contin'd)—
Minn. & St. L.— Ist, 78, gu..l927 'lOS
lowaC. & West.— 1st. 7s. ...1909 100
90
Ced. Rap. I. F. & N., Ist, 6s. 1920
Burl. Ced.
1919
Oent'lOhio Reof.— Ist, 4%8.1930
Boat. H. Tun.
1
Generalmort., 4 g. .."... 19211M
St. Louis— 4 g ..1937iJ
SECURITIES.
B.
Jan.
10934 June
Jan 137% Feb.
107%
Apr.
June
Jan. 1118% June
10276
Apr.
June
Mar. 115 Feb.
June 97% Apr.
Feb.
Omaha &
I
is
g...l92llJ
OhloBouthern- 1st.
99% Jan.
May
the Range
July 133
I
'
;
133
103
115
a.
b.
& D,104
& O 117%
96
* ^ M. 110
& 8 113%
1939 J & D*93 a, 90
Consol. 1st, 5g
94 Jan. ll00i4Fob.
N.Y.8US.&W.— Istref.,5g.l937 J & J'.?8>,
Midland of N. J., 6 g....l910 A & O *112 b. 111% May Ill5% Feb.
a,
88 June 100% Feb.
J
&
J.
?2
Norf. &W.-100-year,'5g.l990
North.Pac.-lst,coup.,6g.l921IJ & J,*114 b. 113 Jan. 117% Apr.
May I1414 Mar.
109
A
&0*,1135ta.
General, 2d, coup., 6 g..l933
General, 3d, coup., 6 g.. 1937 J & D,107 b.a06%July lJ3i4Fcb.
85T8 Jan.
July
J
D
78
76%
&
1989
Consol. mort., 5 g
Feb.
North. Pac. &Mon.— 6g...l938,M & 8 103 b. 103 Apr. 109
110
Mar.
J.IOS
b.
104
July
J
&
1933
North. Pile. Ter. Co.— 6 g..
Ohio&Mls.'*.- Cons.s.f.,7s.l898 J & jllOS^b. lOS^ July 112 Feb.
112
May
JIOSU
July
J
107
1898
&
Consol., 78
I
NEW YORK STOCK EXCHANGE
1
1935 A
Consol.,6g
1969^
consol., 6 g
M
g..l914
N. Y. Ont. & W.-lat, 6
"
SECURITIES.
HighttU
I
2d
I
" a" price asked
S 135
J
Long Dock,7s.........:.1893
I
HoiB— "b" Indioatfi price bid;
1891.
in 1891
Lowest.
J 126%a.ll25
& W.— l3t,68..1921 J & All07%b.il08
F & -a -.^i - hoo
l^^^*;.-:
Construction, 59
Jan.
&
May
&
Feb.
&
Mar.
& ll\}S^-u}^ 'I"''' 121
106
nOl
Jan.
a.
100
Aug.
& A
71 Jan.
Apr.
Col. Midland-Con., 4 g... 1940 J & A, »6< a. 62
78% Aug. 86 Jan.
CoI.H.V,il.AiTol.-Con.,5g.l93i;M & 8, 80
80 July 88 May
...1904 J & D 81
General, 6e
11438
M
114%b.
Juno 119% Feb,
& N*
Denver & Rio G.— 1st, 7 g. 1900
78i4July 83 Feb.
1936 J & J 78 '4
l8tconsol.,4g
a.
JlOO
91 Jan.
96% Feb.
Det.B.City&Alpena^6g.l913J &
32i4Feb.
Det.Mac.c&M.— l.'dgrants.lOlljA & O 27 b.] 29% Jan,
Dul.& Iron Range— 5s.... 1937 A & O 97%a. 95 Jan. 100 >8 May
99 Feb.
Dul. So. Sb.&AtI.-5g....l937J & J 89 b. 85 July
96 May 104 Jan.
E.Tenn.V &G.— Con.,5g.l956;M & N 98 b. '^^
July 109% Apr.
Knqxville & Ohio, 6 g...l925 J, & J ^S?^"'
July
95 Jan.
Eliz. Lex. &BigSan.-6 g.l902 M & 8 84
Ft. W. ADenv. City— 6g..l921 J iD 99 a. 9/% Aug. 105 Jan.
Gal.H.&SanAn.-W.Div.lst.Sg.M & Nj 92 b. 91% July 95 Apr.
Han. & St. Jo8.-Cons., 66.1911|M & S 112%b. 110 Mar. 117 Jan.
1952 A & O 94 b.l 93% May 97 Mar.
nUnois Central— 4 g
Int.&Gt.No.-l8t,6g....l919M & N 110% |109%July 115 Jan.
Coupon, 6 g., trust rec. .1909 11 & S; 68 b. 68 Mar. 76 Jan.
1938 J & D, 80 b. 80% Aug. 87 May
Iowa Central— l8t.5g
78 July 82% Jan.
Kentacky Central— 4 g.... 19871 J & j! 80%
KingsCo. El.— Ist, 5 g....l925 J & J|*98 b. 97% Apr. 100% May
72
71%June 82% Jan.
19191 Q— F
Laclede Gas— let, 5 g
iakeErie&West.- 5g....l937 J & Ji*105 b. 10514 July 10978 Jan.
i. Shore— Con. cp.,l8t, 78.1900, J & J 117 b.;117i4 Aug. |122% Jan.
1903 J i D 11914b. U8 June 124 Jan.
Con.sol.coup.,2d,78
Longtsl'd— )6t, con., 5g..l93l| Q— J* lll%b. 110% Jan. 115%Mar.
General mortgage, 4 g.. 1938 J & D 89%a. 88 June 92% Jan.
Louis. & Nash.— Cons., 7s. 1898 A i O 112'4b.'ll0% June 111558 Mar.
1930:J & J 114i4b.lll338 July 118 Feb.
N.O. &Mob. 1st, 6g
1930 J & J 105 b.ioe Mar. 1112 June
2d,6g
do.
1919 J & D 112%b.'lll June '113 "4 Apr.
E. H.&N.lat,6g
1930 J & D 112 b.jlia July ,117 May
General,6g
1931;M&N,100 b.i 98 June '103% Feb.
Collateral trust, 5 g
Louis. N.A.&Ch.— let, 68.1910 J & J 107 a-'lOl Mar. Ill Jan.
1916!A & O 92 a. 84 Mar. 98 Apr.
Cou.<ol.,«g
78 Jan.
Louis. St. L. &Texa*i—6g.l917|F &. aI 79
88 Jan.
Metro. Elevated— l8t, 6 g. 1908 J & J 112 b.'lllSsJan. 115% June
2d.6fl
1899 M & N 104 b. 103 June 108 Apr.
Mich. Cent.- l8t,con.,78..1902!M & N 118 b.'llS Jime 124%Apr.
1902 M& N 107 b. 107 Mar. 108 Feb.
Consol., 58
Mil.LakeSh.&W.- l8t,6g.l921M& N118 b. 117 June 127 Apr.
1929 F & A|*97%b. 9714 Aug. 101 '8 Jan.
Exteu. & Imp., S g
"
1990'J & D 76%
M. K. &T.— l»t 48,g
74% Jan. 79%
Feb.
1990F & A 36%
2d 48,g
36 July 44% Jan.
Mo. Paclflc— 1st, con., 6 g.l920jM & N 107 b, 103 May Ill Mar.
1906[M& Nlll b.i 105 July 116 Apr.
3d,78
'
Pac.orMo.— l8t,cx.,4g.l938,F & A 94 b.j 94 Juue
100 Jan.
2dnjort.,78
1891 J & J 101 b.| 99% Jan 1035e June
Mobile & Ohio— New, 6 g..l927|j & D 112%b. 112 Jan. 117% Apr.
General mortgage, 48... 1938 M & 81 64%
62 July 70 Feb.
MutualUnionTeL—6g....l911 M & n!
'lOO May 105% Feb.
Nash. Ch.&8t.L.—l8t, 78.1913 J & J 123%b.,124 July 127% June
Oon..5ir
1«2« A * Oll04'8 '103 June 107% Mav
& Canton-5 g.. 191
1,
f sales)
100% May H03i4Mar.
b. 123% July {l27i4Apr.
Jan.
b. 104% June 1 10
& NillS b.|ll8%May 123 Mar.
89 July 95% Jan.
& o! 91
& JllO b.1109 July 115 Apr.
. .
,Xn, . 100 Feb. 103
lOOJ,.'',„, ,,
119
D,ll<>8b.ll3»4Jaue
J, 89 b.
86% Apr. 91%
'129
132
a.
'129
Jan.
D
& O
J
C. C. C. & l.-Con60l., 7 g.l914 J
1934 J
General consol., 6 g
1900 F
Col. Coal & Iron-6 g
Cleveland
JAN.
Range
Cios'ng
3^^^,. Iiiler'sl' Price
Period.'Aug. 7
N.T. Central—Extend., 58.1893
1903 J
Ist, coupon, 7s
Deben.. 5s, coup.. 1884.. 1904
N. Y. & Harlem— 78, reg. 1900 M
N. Y. Chic. & St. L.—4 g. 1937 A
1906 J
N. Y. Elevated— 7s
M&
Exteusioniindcol.,58...1934 J
^^^^^^
AND SINGE
7,
I
- .
Cliic.St.l,.&Pitt.-Con.,5g.l932 A
Chic. St. P. M.& 0.-68.... 1930 J
AUJ.
Highest.
Lowest.
>»
75 Mar. 80^2 Apr.
At.Top.&S.F.-100yr.,4g.l989 J & J 78
38% Mar. 53 Jan.
4a
49
100-year inconicSg.. ...1989, Sept.
14 Jan.
10i4b.
9'8J>ily
J
68.1910
...^..
Atl. & Pac.-W.U. inc.,
69 July 75 Jan.
Guaranteed. 4 K
ISSI^i
f
7^l^^
lOS^a Apr. 112i« June
111
A
&
O
BrookruElevafdlst,G,g-1924
10212 July IO714 Feb.
Can.|oatb.-lstKuar.,5s 1908 J^ & J|103^
9513 Jan. 100 Feb.
115
Jan. 118 Mar.
<AalorN:jV.::Cou«\V7B:i899! Q-J |115 b. 120 May 123 Mar.
JN,
M
&
1902
Omisi**!
7r
107
Jan. Ill's MayGenerai mortgage. 5 g--1987 J & J 108;4
IO8I2
108 July US Jan.
I,eli.&W.B..eou.,78,ae'<1.1900 Q-M
92
Aug. 99 May
1912 M & N 90 b.
do. mortgage, 58
108's Jan.
& J 10< b. lOSiaJiJy
Am. Dock & Imp 58 .1921 •}
109
July 112% Mar.
109
b.
& J
Central Paeitlc-GoKl 68..1898 J
117% Mar.
b.lllCaJuly
A
111
O
&
g..l311
Clies. &01iio-Mort.,6
^*'**""' 100 >3 Feb.
''*'"
I8teonsol..5g
'li
r--?ti^f
A
J
J
&
E.&A.Div.,l8tcon..4g.l989
Feb.
l8tcon..2-4g.l989 J & J eSHjb.l GoifiJuly 71%
do
73 Feb.
J 66iab.l 64 July
do 2d con., 4 g... 1989 J &
Juno
114
&A*100b.ll04
Jan.
1911? '
Ches. O. & So. W.-6 g
_ Con.,
1903; J. & J 11838b. III71S July 123 Jan.
CLIe. Burl. & Q.—
"^""7s.
95% Aug. 102% Apr.
'.'11913 M & N. 97
Debenture' .58'
June 93 Jan.
S5..b. 87
DVvi^on,48::::.1922^F&Al
Denver
b.
M
80 July 88% Jan.
80
Xehrnski EKteuaion.4s 1927
11556 Apr.
lOSS^Junc
&
»
JlO'^b.
f.,68.1907iJ
CTif & E llK-laM
119i2Apr. 121 Jan.
100 Apr.
Jan.
95
M
N;
9o
&
1937
58.
1st,
General eonsol.
92% Apr.
Soifi Aug.
Chic.Ga9L.&C.-lst,5g.l937J & VJ^^^' 120
Jan. 125% Feb.
Cliic.Mil.&St.P.-Con.7s.l905 J & J^J^O
t'^""
II214
Apr.
lOSisAug.
JIIO8
b.
J
&
l8t,8outb%yest Div., 68.1909
Jan. 114 Feb.
J & J!ll2 b. 110
l8t, So.Min. DiT., 68....1910
10738
May
JM0434b.!l04
Jan.
J
&
l8t.Cb.&Pac W.Dlv 58.1921
98 Jan.
J & j; 94^b.] 94iaApr.
Chic. &Mo.Riv.Div., 59.1926
b.ll0034 July 104 July
Wis. & Minn. Diy., 5 g. .1921 J & J 101
Apr.
103%
100
101
Mar.
ka.
&
J
l"!*
5
Terminal, g
"i
87 Feb.
Gen. M.. 4 g.. series A... 1989 J & 3\ 83»aa.| Si's July
Mllw.&Noftb.-M.L.,6s.l910J & D 10/isb. 107% Jan. 112 Feb.
112 Apr.
% Aug. 13934 Apr.
Chic.&N.W.-Cousol.,78..19l5 Q-F 13o a.
,12734
Feb.
121
June
1902 J & » 122% 1.
Coupon, gold, 78
1^29 A & O 110%D. Ill July 115 Feb.
Binkmgfund.es
108
"4
Feb.
105
Jan.
l^-^?
Sinking imul, 5.S
;^ f S Ino^h
Sinking fund deben., 58.1933 M & J. 102%b. I0214 July 109 Feb.
105%
Apr.
^
IO214
102
July
25-year debenture,5. .. .1909
93% July loo Jan.
Extension, 48
l^^f F, "5 tl 92%h.
oSi,?100%
9214
Jan.
M
July
S
&
Chic. Peo.& St. Loius-5g. 1928
118% July '127>4Feb.
Cbic.E.I.&Piic.— GB,coup.l91/ J ^ J 'I"
.
BOmS
(Coiitlnned).-Aar/Vg
(,ales)
[Vol. LIII.
i"o2
99%
"33"
Brooklyn Elevated— 2d, 3-58.1915
1921
Ist. 5s
Sufl. Koch. & Pitts.-Oon., 58.1937
93 "95" C.Ohio— Uol. &Cin.M.l8t,4%3.1939 '"'.'.'.'.
Roch. & Pitts.— 1 St. 6s
1921 116%
Oent. RR. & Bank.— Col. g.59.1937
iii%
ii's"
Chat. Romo& Col.— Gtd.g.Ss. 1937
?"„ ,f^»n8oIidat'dlst,68.1922 112
1925 102 ibe" »Sun Ced. Rap. & No.-lst, 5s.l906 95%
68, gold
Sav.&West.- latcon.gtd.,5a.l929
Conn, mort., gol I. 58
Consol. & collat. trust, 5s... 1934
1988 *101
>nt. of N. J.—Conv. deb., 69.1908 *i"io'
" Mo price Friday ; these are th e latest quota tIon» u ade this week.
W
92
79'*
J
August
8,
THE CHRONICLE.
1891.
183
NEW YORK STOCK EXCHANGE VHWEii.-INAOTIVE BONDS-fContinuedJ-AUQUaT
Bid.
SKCURFTIEa.
1835 105
1896
Gold Ixiiids, 6(1
1897
Gold bonds, 68
1900 '103>9
Ban Jouqiiln Br., 68
19M9
Mort. KoldSn
1900
Lnml trraiit. ."ia. g
West. l'ttcttlo-Bou(Ls,68....l80e 104
Mo. Bullwiiy (Cal.)—l8t, 68.1907
1038 99
SO.yciir .'Sa
Oties. A ().— Piir. M. fund, 68.1898 108
1908 113
s.Tli's
6e. ({Old,
A
Ohe«. O. .t *.. West.— 2d, 6s. .1911
1893 ib'3'
OhlcuKi) & Alton— l8t,7»
1903 120
Btnklntt fund. Os
114
78.1900
lonls. & Mo. Rlver-l8t,
1900
2d, 7s
Oenf ral I'ttolHc-aold
Ixls, 6*,
SECURITIES.
Ask.
Bid.
IOM4 n». Ceu. APen.— Istg. 5H....101S
106 Is Ft. Worth A R. O.— l«l g., !t»..WiB
107
107
'fal.
ASau Ant.— lHt,6«.1910
A.'?. A.— 2d luorl., 7s. .1905
Har.
Oal. II.
West. Div., 2il68
Aik.
T.
8ECUBITIE8.
. .
70
90
1931
Kla.— l8t, g. Os
1927
Oreg.RyANav.—Col.tr. g..Ss.l919
Grand Rap. A Ind.— Gen. .58. .1024
80
Penn.RR.-P.C.A8.L.-l8t,c.,78.19O0
Oreeu B. W. A St. P.— Ut 68.. 1011
Pltta< Ft. W. & 0.— iBt, 7B...1912
2d income, all subs. i>ald
22
2d, 78
1012
Housatonio—Cons, gold 5a
103
3d, 78
19a7
1912
N. Haven A Derby, C«n«.3a..l918
Clev. & P.— Cons., s. fd., 7«.I900
78 >« Hons. AT.
Waco & N. 7s..ieOS 110
4th,aink.fund,
68.1892
l8tg., Ss (int. gtd,
1937 100 «8 IClis
Bt. L.V. AT. II.— ist, 6s., 78. 1897
100
Cons. g. 6a (Int. gtd)
1012
2d, 79
189H
116
Gen. g. 48.(int. gtd)
63 •«
1921
2d, guar., 78
1898
Det>cnt. 6s, prin. A int. gtd.1897
75
90 Peo.AE.-Ind.B.AW.-l8t,pf.78.1900
Debeiit. 4a, prin. A int. gtd.1807
Ohio Ind.AW.— lstpref.58..1938
8t. h. JiK'ks. A Clilp.— l8t,7a.lS9J '105H)
Ullnoia Central- l8t, g., 48 ...1051 100
Peoria A Pck. Union— l8t, 6b. 1921
1894 •lOSifl
iBt, xn-M. (.MM), 78
'103
Isf,
gold,
90
mortg., 4128
HHiS
1051
2d
1921
Hi8.«.R. Uridw— 1st, s. f.,0».19r2
Sprlngf. Div.—Coup., 6s
Phila. A Read.— 3d pref. convert
1898
Ohio. Burl, .t Nor.— Pel). Os. 1896
ioiii
Div.—
5s
Middle
ritt8.C.CA8t.
>««
Reg.,
1021
L.—
Con.g.4
1131s
A
Chic. Burling. & Q.— 5s, s. f..l901
1 940
Pitts. Cleve. A Tol.— Ist, 69... 1922
C. St. L. A N. O.-Ten. 1., 78.1897
lowii l>lv.— Sink, fund, 58. .1919 100
90
91
Pitts.
1st,
oonsol.,
1897
Er.—
78
A
L.
2d
"A".1928
g. 58,
8lnk(nKfund,48
1919
8OI9
2d, 68
1907
Pitta. Mc. K. A Y.— Ist 69
Plnlti, 4s
1932
1921
9714
Gold, 58, coupon
Pitts. Painsv. A F.— Ist, 53...1916
1951 109
Ohip. A luillnna Coal— 1st 58.1936
Meiup Div., let g. 48
Presc't A Ariz. Cent. 1st, 6s,g. 1916
1951
fX\\. Mil. A St.P.— lst,83,P.D.1898 113% 116
Dub. A 8.
2d Div., 78 ..1894
2d income, 6s
1916
2d, 7 3-U)s, P. D
1898 110 114
Ced. Falls A Minn.— lat, 78..1907
SO
Rich. A Daiiv.— Debenture 68. 1927
1st, 7s, « K., R. D
1902 118>s
100
108
Ind.
D.
A
Spr.Ist 73, ex. cp.l906
Equip. M. 8. t, g., 5s
l»t, LaCrosee Division, 78.1893
1909
Ind. Dec. A West.— M. 59
Atl. A Char.— 1st, pref., 78. .1897
1947
Ist, I. A M., 7s
1897 110
2d M., inc. 5s, tniat rec
1948
do.
Income, 68
iBt, I. A D., 78
1900
1899
Inter. A Gt. Nor.— Coup. 6s. ..1909
68
RioGr. Junct.,l6t,gunr.,g.,59.193«
l8t,C. A M.,78
1903 *119
Kanawha A Mich.— Slort. 48.1990 * 70
Rome Wat. A Og.— Ist M., 78.1891
l8t, I. A D. Extension, 78... 1908 119
Kan. C.Wyan.AN.W.— Ist, Ss. 1938
St. Jos. A Gr. Is.- 2dinc
1925
l8t. La C. A Dav., 58
1919 100
Kan. C. A Omaha— 1st, 5s.. 1927
l8t, H. A D., 78
1910 118 tl9is L. 8h. A M. 80.— C. P.AA.—78.1892 102
98 >«
1st. H. A D., 5s
Buff. A Er.— New bonds, 78.1898 •114
St. L. A. A T.H-2d m. inc. 78.1894
1910
115
CbJoago A Paclflo Div., 6s. .1910
Det. M. AT.— Ist, 7s
Dividend bonds
1906
1894
100 14
Mineral Point Div. 5s
Bellev. A 80. m.— Ist, 8s...i896
Lake Shore— Div. bonds, 73.1899 115 1171?
1910
103 14
C. A L. 8iu>. Div., 5s
Mahon'g Coal RR.-lst, 5b. 1934 •
1923
107% Bellev. A Car.— 1st, 6s
1921
Fargo A South., 6s, Assu. 1924
113
Chi.8t.L.APad.— I»t,gd.g.58l917
Kai. All. & G. R.— Ist gu. 5S.1938
Inc. conv. sink, fund, 53.... 1916
101
Lehigh V.,N.Y.— 1st gu.g4i38.lO40
St. Louis So.— lat, gd. g. 48. 1931
Dakota A Gt. South., 5s. ...1916
96 >4 I Jtchf. Car.A West.— Ist 6s. g.l916
do
2d income, 5a. 1931
OhIe.AN. W.— 30 year deb. 58, 1921
Ix)ng Island— Ist, 7s
Car. & Shawt.— Ist g. 48
1932
1898 114
Escanat'a A L. 8. Ist, 68. ...1901 *105
St. Lou A S.Fran.— Equip., 7s,1895
N. Y. A R'way B.— Ist, g. 58.1927
icii"
DesM. A Minn.— Ist, 78.... 1907
General Ss
1931
2dmortg., mc
1927 25
35
Iowa Midland- 1st, 8s
1987
Smithtown&Pt.Jeff.— l8t,78 1901 •105
Ist, tru3t, gold, 5s
1900
Peniusulii- lat, conv., 78... 1898 113
Louis.Evana. A St. L.— Con.Ss. 1939
Kan. City A S.— 1st, 69, g...l916
831s
Chic. A Mllwaukec—lst, 73.1898 114
Ft. S. A V. B. Bg.— 1st, 68. ..1910
Louis. A Nash.— Cecil. Br, 78.1907 105
1071*
Wtn. A St. P.— 2d, 7s
Pensacola Division, 6s
1920 106 Is
St. Paul A Duluth— I8t,5s....l931
1907 122
Mil. & Mad.— 1st, 6s
112
1917
111
Louis
2d
mortgage Ss
St.
Division,
1st,
1921
6s...
1905
Ott. C. F. A St. P.-l8t, 53. .1909 104
1980 60
65
St. Paul Minn A M.— Ist, 78.. 1909
2d, 38
llOij
Northern 111.— 1.8t, 5s
mort.,
1909
Decatur—
2d
68
Nash v. &
1 at, 78. 1900
1910
OE.I.&P.— D.M.&F.D..l8U8.t905
Minneap. Union— Ist, 6s. .1922
1910 100
S. f.,6s.—8. A N. Ala
l9t, 2i2S
Mont. Cen.— 1st, guar., 69.. 1937
1924 100
1040, gold, 68
1905
Extension, 43
1937 lOlia
East. Mmn., Ist div. lat Ss.lOOS
SO year 5a, g.,
1905
73
77i«
Keokuk A Des M.— 1st, 5s.. 1923 92=8
San Fran. A N. P.— 1st, g., 5s.l919
1940
Unliaed, gold, 48
Ohic. St. P A Kan. Clty-5s..l936
1931
South Carolina-2d, 68
101
Pens. A At.- Ist, 6s, gold. ..1921
Minn. A N. W.-lst, g., 58.. 1934
95
So. Pac. Coaat— 1st, guar., 48. 1937
Nash. Flor. A 8. 1st gu. 5s.,1937
Ohio. St. P. A Miun.-l8t,Gs...ini8 119
Texas Central— 1st, s. f., 78. .1909
Lou.N.Alb.ACh.— Gen.m.g.58.1940 80
82
St. Paul AS. C.-lst, 68
1911
86
1st mortgage, 78
Lou. N. O. A Tex.— Ist, 4s... .1934
1919 120
Ohio. A W. Ind.— l8t, 8. f., 63.1919
Texas ANew Orleans lat, 78. 1905
1934
2d mort., Ss
General mortgage, 6s
191i
Sabine Division, 1st, 6s
Manhattan By.- Cons. 49
1990
1932
115
Ota Ham. A D.— Con. s. f., 8.1905 *122
Memphis A Cnarl.— 6e, gold. .1924 95 103 Tex. A Pac, E. Div.— 1st, 68.1905
2d, gold, 4iii3
Third Avenue (N.Y).— lat 58, 1937
IHIS 110
Ist con. Tennlien, 7s
1937
OIn. I. St. L.A Chic.-l8t,g.,48.1936
1917
Tol. A. A. A Cad.— 6a
97
85
89% Mexican National— Ist, g., 68.1927
Consol,63
1919
Tol. A. A. A Mt. PI.— 6s
1917
2d, income, 6a, "A"
40
1920
an. Jack. A Mac.— Ist, g., 53!l936
1940
Tol. A A. AN. M.— 58, g
1917
2d, income, 6s, "B"
1890
Union Paoltto— ist, 6a
^ CoL-Eq. A 2d 68.1930
Michigan Central— 68
1909 lis
V^^-„^^
aC.C. A St. L., Cairo div.— 48, 1939
1897
lat, Os
1931 110
Coupon, 58
88
8t.Lou.Div — Istcol.ta't4s,g.l940
1898
1st, 6a
1940
Mortgage 4s
100
83
8pring.ACoI.Dlv.- lst,g. 48. 1940
1908
Collateral Tiuat, 6s
1891 100
Jack. Lan. A Sag.—68
WhiteW. Val.Div.-l8t,g. 4s. 1940
1 907
Collateral Trust, 5s
Mil. L. S.&W.— Conv. deb., 58.1907
Cln.Siin. ACL -Con.lst,g.58, 1928
1895
1924
C. Br. U. P.— F. c.,73
Mich. Div., 1st, 68
OLCoi. Cm. A Ind.— Ist, 78,8.f.l899 113
Atch. Col. A Pac— 1st, 6a.. .1905
Ashland Division- 1st, 6s ..1925 114
113»s
Oonsol. sink, fund, 7s...
1905
W.—
l»t,
6s...
Atch.
Co.
A
100
J.
10.5
Incomes
1914
Hi
Oleve. A Mah. V.— Gold, Ss... 1938 102
U.P.Lin. A Col.— Ist.g., 5s. 1918
1927 104 110
IO712 Minn.A St. L.— 1st, g. 7s
Co orado .Midland— Ist, g., 6s.l936
Oieg.S.L.AU.N.,coLtrat.,58.1919
Iowa Extension, Ist, 78
1909 95
107
Oolumbia A Green.— Ist, 63. 1916 *]00 110
1908
40
2dmortg., 7s
1891
ilH Utah & North.— 1st, 7s
2d, Cs
1926
Gold,58
Southwest Ext.— 1st, 7s.. .» .1910 75
90
1926
Del. Lack. A W.—Convert. 78,1892
Utah Southern— Gen., 73 ..1909
1921
Pacific Ext.— 1st, 6s
95
Mortg.ige78
1909
Exten.,
Ist,
73
1922 50
Impr. A equipment, 69
1907 *134
Syra. Blug. A N. Y.— 1st, 78.1906
Valley B'y Co. of O.— Con. 6s. 1921
Minn. A Pac— Ist mortg., 58.1936
130
Morris A E88ex-lst,78....1914 •136 140
M.,
9erie8"A".1939
Wabash- Deb.
Minn.S. Ste. M. A Atl.— l8t.5B.1926
1895
2d. 73.
No. Missouri— lat, 78
Mlnn.8t.P.A8.S.M-lstc.g.43.1938
90
1891
Bonds, 7s
8t.L.K.C.&N.— R.E.ABB.79.1895
Mo.K.&T.— K.C.AP., I8t.48,g.l990
721s
1900
117
Br'ge—
lst,6s. 1 90b
780f 1871
St.Charles
Dai. A Waco— l»t, 5a, gu....l940
1901 120
""9"4"
l9t. con., guar., 78
West. Va. C. A Pitts.— Ist, 6s. 1911
Missouri Pacific —Trust S8...1917
1915
iVi"
Wheel.AL.E.— Ist. 5s, gold. ..1926
1920 72ifl
Bf\. A Hud. Can.— Ist, ex. 78.1891 ioiis
Ist coll., 58, g
1930
Exteu^!ion A Imp, g., 58
g""?"". 78
St.L.AI. M.-Ark.Br., 1st, 71.1895 103
1894 108 "a II214
Pa. Div., coup., 78
Mlscellaueoua Houds.
ext.,
105
Olilo—
l9t
68..
.1927
Mobile
A
1917
1131a
Albany Ji Susq.— 1st, gu.,78.1906
Amer. Cot. OU Deb., g., Ss... 1900
1931
73
St. L. A Cairo—4s, guar
let, cons., guar., 6s
Amer. Water Works— 1st 6s.. 1 907
Morgan's La. A T.— Ist, 68.... 1920 109
1906 120 121
K^ns. A 8ar.— l»t, coup., 78.1921
1907
iBt cons. 58, g
1918 119
Ist, 7s
145
Denver City Cablc-lst, 6s.. .1908
Cahaba Coal Min.— Istg. 78.. 1907
108
Nash. Chat. A St. L.— 2d, 6s.. 1901
102
Denv. A K G.-Inip.,g., 5s... 1928
Chic.Jun.AS.Yds.- Col.t.g,58,1915
New Orleans A Gulf— 1st, 6e .1926
80
1919
Colorado Fuel— Gen. 6s
^> 0»--l8t, 78.. .1900 109 114 N. O. A. No. E.— Pr. 1., g., 6s.. 1915
vJ™"Dlvi.sKinal 53
1905
98
1930 102
98% Col. AHoek. Coal AL—tie,g..l917
N. Y. Cent.— Deb. g. 43
1st c.xt.. gold, 58
"75"
Convert.
68...
1897
Coal—
Consol'n
1.9t,
Guar.
4s..
June—
.1986
97
N. J.
h937
Ji.q. A lnip.,g,,58
Beech Creek— Ist, gold, 48. .1936
961s Cons. GaaCo.,Chlc.-lst gu.5a.l93b
1938
Mobile A Blrm.— I8t,'g','5s"l937
Gen.g.
S8.1910
Denv.C.Wat.Wka.reg,
1st,
48.1903
102
105
N. Y. N. H. A H.—
Alabama Central— Ist 68.. .1918
Det.Uu.Depot AStn— 1st g. 4a.l93S
106
N. Y. & Northern— Ist, g., 5g.l927
115
*•"«— Ist. eitcndod, 78
Edison Elec. 111. Co.— 1st, 53.1910
1927
43
51
2d, 48
1897 112>i
1905
t 2d, extended, 58
Equitable G. A F.— 1st 6s
68
6i»
N. Y. Susq. A West.— 2d, 4>tfi.l937
I919 112!^
3d, extended, 4ias
Henderson Bridge— Istg. 68.1931
f<2lg
1040 78
I!'"l923 10«
Gen. mort., 53, g
4th, extended, 5.s
Nation"! Starch Mfg.— l8t,6a,1920
!!!'"l920 110
North'n Pacific— Divid'd scrip ext 100
Sth, extended, 48
N.Y. A Perry C A I.— Ist, g. 68,1920
James River Val.-lat, 68.. .1936 101
1928 100
Ist, cons., fd. coup.,
Northwestern Telegraph— 7., 1904
1936 95 100
Spokane A Pal.— 1st, 63
78.!.'.'r.l920
132
Reorg., 1st Hen, 68
People's Gas & Coke / latg.6»,1904
115 117
1908 ids' 106
St. Paul A N. P.— Gen., 68.. 1923
Co., Chicago
J 2d g.6a,1904
HelenaARedM'ii—1 9t,g., 68.1937 95 101
131
B. Y. L. E. A W.^ol. tr.,68.1923
1919
Peoria Water Co.— 68. g.
DulutUAManitoba— ls{,g.6sl936 101% 105
Funded coup., 58
Pleas. Valley Coal— Ist g. 6s.l9'20
Dul.A.Man Dak.Div.— Ist68.1037 lOlij 105
1969 "so"
Income, 63....
68.
1940
l9t,g.,
1977
Gamble—
Proctor*
105
Coeurd'Alene— 1st, 68, gold. 1016
76
Buff. A 8. w.-M6rt^: 68:;;;i908
West. Uuiou Tel.— 79. 1875-1900
1988
105
Gen. 1st, g., 69
100
Jefferson— 1st, gu. g. Ss ....1909 105
Unlisted Bonds.
102
Ceut.Washington- lst,g.,68.1938
Chicago A Erie, lat, g.,4-5s.l9&2
Ala.AVick8.-Consol.5g.,192l.AAO
1st
58.1040
Nor.
Pac—
g.
78
79
A
Chic.
90
Income, 08
2d M., income till '94, 1921..AAO
94
9S
1982
Seattle L.S.AEa8t.—l8t,6«,g. 1911
29>s
N.Y.L.E.AW.CoalARR.1-68.1922
Vicks. A Merid..lst 68, 1921.AAO
Norfolk A West.—General, 68. 1931
Evans. A T.H.— l8t,con8.,68 1921 11578
Atlanta A Charl.— 1st 7s, 1907. J AJ
1932 114
New River, 1st, 68
Mt. \emon— l8t68
Comstock Tun.— Inc.ls, 19I9.MA.N
1934 108
1923 109
Imp. A Ext., 6.S.
8iU. Co. Branch-lst,
J&J
Georgia Pac. —1st 68,1922
1924
Adtustment M.,78
g.. Ss. 1930
vans. A Indian.— 1st, cons. .1926
A&O
Cousol. 5 g 1923
1906
Equipment, 5b
02
»Unt A P. Marq.- Mort., 68 1920 117 120
5s
Income
1967
96
Clinch Val. IstSs
l8t con. gold, 58
74
1939
Scioto Val. A N. E.— l9t,4B,.1900
741s Little K.AMem.- Ist 5g,1937.MAS
101
Port Huron— 1 8t. .5a
Mpm.AChnrl. Oona.7e..lfll.5.JAJ
10«
1939
OTrt. A Lake rh.— laf con. «.. 1920
9»
97
Ua. 80.
A
C—
. .
C—
Ask.
Bid.
Ohio A MIsA— 2d oonsol. 78. 1911 Ill
71
Sprtng.Div.— Ut 7»
1905
OS's
General 5h
1932
Ohio Elver RK.— lit, 58
1 930
OhloBiv.-Gen;mort., g., 68.1937
119
Is
100
87
109
187
139
130
1171s
100%
108 ig
1
07 14
107%
1I0>«
109
67
"2e's
120
.
101
100
i'dois
69
55
. .
.
i'dg"'
l"li%
102
84
. .
.
.
101% 102 %r
60
77
100
90
92 ^
100
103
i"l"5is
109
110
112
99
90
.
—
.
110
102
103
1:0
115
110%
83
82%
10C»8 107 14'
107iS8
108% ido"
102
78
ii'
68
100
82
98
98
110
1061s 110
. .
106
90
""97'4
"02"
92
105
108
il2"
102
104
•'^'
.
.
—
,
. . .
_
*
Ku
price Friaay;_[bese are (he latest quotations
made
this week.
.••««
99
95
ids'"
95
911s
103
...«
'
07
i'dd"
•....•
100
•••
90
70
97
117
27
97
S7
05
80
100
lie
81
100
68
70
.
59 >4
16
4a>.«B
.
1
1
..
.
.
. .
....
"
..
THE CHUOJSACJJi
184
[Vol. LIII.
Latest
%nvt$tmtnt
Earnings
WetkorMo
Road?.
Jan.l
Rejiorted.
1891.
1890.
$
Geo. 80. AFla.. June
gailr^ad %nitllxQmtt.
The Investors' Siipplbjient, o pamphlet of 150 pages,
eontaina extended tables of the Stocks and Bonds of Mailroads, and other Companies, with remarks and statistics concerning the income, financial status, etc., of each Company.
It is published on the last Saturday of every other m,onth—
r»«., January, March, May, July, September and November,
und
furnished without extra charge to all regular subteribers of the Chronicle. Extra copies are sold to subtoribers of the Chsonicle at 50 cents each, and to others it
is
per copy.
The General Quotations of Stocks and Bonds, occupying
tix pages of the Chronicle, are published on the third
Saturday of each month.
f1
RAILROAD EARNINGS.
Latest Earnings Jieporled.
Week or Mo
BmCClROADS.
1891.
1890.
$
Alabama Mldl'a. June
June
Atoh.T.&S. Fe.. 3dwk July
Half owned ... 3d wk July
Total 8Tstem. 3d wk July
BtUASanF.. 3d wk July
Half owned.. 3d wk July
Tot.S.L.&S.F. 3d wk July
Akp. total
3d wk July
AlleRtienv Vai..
.
Atlanta&Char.*, Jiay.
Atlanta & Flor'a June
AtUuita di W.Ft. June
35.000
203.573
673,288
31,198
7C4,486
126,978
30.804
157,.i8-/
862,068
59,461
5,615
27,859
B.&G.EastLines June
1,4m0.000
Western Lines June
481,550
Total
June
1,971.550
Bal.&0.8outhw. WhwkJ'ly
78.468
Bait.
Potomac June
150.479
<Si
Bir.
& Atlantic.
Bir.Sh.&Tenn.R
Bishops ville
Blaekv. Als.&N.
3,318
17,962
.Tune
May
May
May
555
928
Baff.Roch.APiu 4thwkJ'ly
Bnr. C.Rap. &N. 3d wk July
79,046
60.693
76,670
43,453
Canadian Pacific IthwkJ'ly 503,000
Cp.F'r&Yad.Val 3d wk July
11,173
Car.Cum.G&Ch. May
3.402
Cen.RR.<SiBg.Co Apiil.
62H.023
Oentralof N. J.. June ...
1, 250,44
Oentral Pacific Ma.v.
1,380,45
Oentralof S. C. May. ...
5,608
Ohar.Cin. AChic May. ...
11,139
Charlest'n <& 8av June ...
49.83"
Char.Sum.&No. May. ...
5,699
Chatt'n'paUni'u June ...
8,214
Cheraw.&Dorl May. ...
6.046
CSieraw.&SaUsli .viay. ...
1,'.26
Cbee. AOhlo... 4tbwkJ'ly
207,367
Chee. O. & 8. W June
177,10?
Chic. Burl. & Q. June
2,609.199
Chic* East. 111. IthwkJ'ly
93,715
Chicago &Erie. May.
197.873
Ohlc.Mil.&Sf.P ItbwkJ'ly 778.6P7
Ohio. &N'tliWn June ..
2.375.595
ChicPeo.iSt.L March
56.960
C3»inden & Atl. June
Canada Atlantic May.
.
.
.
Jan, 1
to
Latest Dale.
1891.
*
!
1890
Cln.Ga. APons. June
dn.Jacka&Mac. 4thwkJ'l.v
Cln.N. O. 4T.P 3d wk July
Ala. Gt. tomb Jdwk July
N.Orl. &N.E. 3d wk July
Ala. & S'icksb 3d wk July
VlckB. 8h. & P 3d wk July
Erlanper Sysl .id wk July
Oinn.Northw'n. June
Oin.\Vab.&Micb June
Olev.AkrouACo 3d wk July
& Canton..
01.Cln.Ch.& h.L
Pco. & Easfn.
OleT. & Marietta
Color. Midland.
Ool.H.V. <tTol
Olev.
May
3d wk July
3d wk July
June
<d
wk July
July...
Col.Shawnee&H June
Coluaa & Lake.. June
5.46fc
19.579
89.689
30,393
16,34'
10,466
7,257
154,147
2,111
57,100
19,160
66,317
263.402
30,363
27,783
36,557
313,733
..
52,00.T
..
1,600
10,253
2B0.500
10.522
14,628
8,807
Covin. & Macon. April..
Denv. ARIoGr. 4thwkJ'Iy
Des Moin. &No June
DeaM. A N'wesi June
DetBay C.&Ali 3d wk July
I>et.LanH*^L^Nt IthwkJ'ly
I>aluth8.8.<!t,'Ai
48.06'
1,199,49.')
552,li00 16,746,503 16,024.529
28,553
932,667
892.230
580,753 17,511.140 *6,74 8,726
120,811 3,440,959 3,240,728
28,1153
913,781
874,615
148,861 4,354,740 4.115,341
729,617 21,865,879 20,864,069
56,5?4
48.356
5,581
49,243
26,503
217,382
213.974
1,486,008 8,674.742 8.771.999
430,35rt 2,662,794 2,750.551
1,916,364 11,337,536 11,522,550
64,725 1,307,991 1,285,909
143,451
844,906
829.096
6,526
26,811
39,246
16,763
74,353
81,368
3H7
8,026
5,319
880
14.107
12.645
65,292 1.543,026 1,178,112
52,866 1,791,9.13 1,566,261
77,907
304,240
308,338
49.142
462,000 10,681,465 8,845,173
11,323
318,2.W
280.745
1.813
18.523
10.750
552,502 2,923,954 2,781,162
1,196,207 6,505.268 6,062,020
1,374,295 6,174,535 5,518.508
7,532
43,529
52.812
8,286
62.366
49,430
39,233
419.701
367,293
4.017
42,278
23,013
11,151
47,981
54,543
6,335
47,440
41,129
1,423
11,761
10,727
219,933 4,773,898 4,251,610
154,975 1,085,604
933,435
2,740.583 14.769,587 16.937.025
76.242 2,050,632 1,740,574
224,530 1,014,284 1,155,505
710,829 14,617,356 13,763.476
2,184.427 12,160.356 12,213.719
33,088
156,592
95.205
4tliwkApr.
Duluth & Wiun. June ...
ltTeuu.Va.&&a March.
KnoiT. &Olii( March.
Total system May. ...
Bgin Jol.,l'Kasi. June
. .
Bllz.l*x.<fcB.8... April...
Evens .felnd'plls. 4th wkj'ly
Ktidbv. a T. H. 4th wkj'ly
FltchburK
May
FUnt.&P.Maru 3d wk July
Florence
May
Flor. Cent.* P. 4th wkj'ly
ru W. & Rio (Jr July.
•i^Car'la A So May.
Oeorgia RR
June
32,234
38,055
6.008
524,613
63,272
497.661
61,748
55,331
10.149
41,065
637.234
51.9i3
1.75:<
25.387
20,48>
7.771)
ni.v86
42,108
5.883
22,415
77,106
32.419
18.087
8,233
.
7,278
143,123
1,544
49,540
15,905
48.310
231,070
23,328
27,731
32,74'
29.700
400,227
2,301,066
1,003,520
595,768
321,507
303,286
4,525,147
10,380
306,840
497,965
242,768
6,982.891
805.129
169.903
1,090,075
1,690,578
239,519
"28.4;!2
368.341
2,347.648
1,020.617
698,3-5
352,831
291.969
4,711,438
9.317
278,735
448,348
195,551
7,000,643
788,287
142,053
1,020.15s
1.569,164
120,958
269,471
22,642
1,800
8,146
46.546
46,368
278,500 4.570,291 4,699,352
9,215
56,499
48,827
11,589
94,548
98,347
10,574
260,135
313,849
33,968
660.080
670,739
89,728
486,496
497,631
5,378
36.944
26,950
534,459 1,670,177 1,661,588
49,501
189,647
119,639
592,244! 2,907,701
44,665
63.6791
311.572
217,509
9,738
186.891
35,330
650.723
584.216 2,701,4:17
50..'J99 1,615.332
1.599
22,259
24,363
817,448
13,577
124,082
3.8351
107.5011
50,211
905,386
Illinois Centr'la.
Erie All. & 80 June
Erie & West. 4th wk Jly
L.
L.
& Hud.. July
Rock & Mem. 3d wk July
Island
Long
July
2,91 -,-.30
271,773
239,989
15»,593
581,215
2,700,422
1,675.412
18.840
691.655
72.250
26.239
831.893
Louls.&Mo.Riv. May
Louis.Ev.A St.L. 4thwkJ'ly
Louisv.&Nashy. 4th wkJ'ly
Louls.N. A&OU. 4thwkJ'ly
Louisv.N.O.&T. 4th WkJ'ly
Lou.8t.L.&Tex. 4th wkj'ly
Lyncho.&Dur'm June
Memphis &Chas Mav
tMexicanCent... 4th WkJ'ly
tMex. National 4th wkj'ly
[Mexican R'way Wk J'ne \i !
Mil.L.8h.&We3I 4th wkJ'ly
Milwaukee &Mo 4th WkJ'ly
Mineral Range.. June
Minneap. &8t.L. June
M.St.P. &S.8.M.
Mo. Kan. & Tex.
Kan. C. & Pac.
Total Syst'm
Mobile i&Birm..
Mobile & Ohio
.Monterey&M.O
Nash.Ch.&at.L.
N.Jersey AN. Y.
.
June
3d wk July
3d wk July
3d wk July
IstwkJuly
July
June
June
May
Orl. & Gull June
N. Y. C.& H.R.d July
June
N. Y. L. E.
N. Y. Pa. •& Ohio May
New
&W.
Y.&N.Eug.. June
N.
N. Y. &North'n.
N. Y.Ont. & W..
N.Y. Susq.A W..
Norfolk&West.ft
N'theaat'n(8. C.I
North'n Central.
June
4th WkJ'ly
June
4th WkJ'ly
May
June
Northern Pacific 1 th
4th
Ohio ifc Miss
wk J'ly
wk J'ly
Ohio&Northw.. June
Col. & Mayay. June
4iii wk J'ly
Ohio River
Ohio Southern.. July
Ohio Val. of Ky. 3 WHS July.
Omaha & St. L.. May
Oregon Imp. Co. May
Peunsyivauia
..
June
peorial)ec.<&Ev. 4th WkJ'ly
Petersburg
Phila.
Phila.
May.
& Erie... J une
& Read'g June
Coal&IrouCo June
Total bothCos, June
Mar.
...
.
.
...
...
...
CU. jJiiue ...
Pitt.Shen.it L.E. Time ...
West'n
May. .
&
rtttsb.
Pitts.Clev.&T. May. ...
Pitts. Pain. &F. May
'Total system 4th WkJ'ly
Pltis.
iSi
.
Pitt.Young.&A. June
Pt. Royal ii Aug. May
Pt.Koy.iSiW.Cur.
May
Pres.&Ariz.Cen. June
QuincyO.JiK.C. June
Bich.&Danville. July
Vir. Midland.. July
Char.Col.&Au. July
& Green V. July
West. No. Car. July
Georgia Pac . July
Wash.O.A W.. July
Ashv. & Spart. July
Total Sys'm. 4th wkj'ly
Ool.
Rich.
&
Petersb.
May
KioGr'deSouth. July
3d wk July
Rio Gr. West.
Kome W. & Ogd. July....
Sag.'Tuscola&H.
St.L.A.&lMl.B's
St. L. South w'ru.
St. Paul Ji Dill' th
June
4th wkJ'ly
4th WkJ'ly
June
S.Ant&Ar.Pass. 3d wk July
8. Fran.&N.Pac. 3d wk July
dav. Am. & Mun. June
Seattle L. S. & E. 4th wk May
-Viay
Silverton
Sioux City ife No May
South Carolina
80. Pacific
June
Co.—
Gal.Har.AS.A. June
Louis'a West. June
Morgan's L&T. June
1890
9
i
58.008
363.662
321,033
3.728
18.300
17,245
67.21s 1,269,402 1,406,322
10,904
233.161
255.579
3,983
124,H6
120.332
82,105 l,628.ri97 1,782.232
401,684 10,775.161 11,396,636
63,609 2,078.296 2,118,496
20,974
617,568
592,075
746,433
60.676
5,134.387
487.756
723,837
6,347,977
17,«61
574,205
75,236
103359
910,469
2,753
133,431
9,699
4,636,245
313,852
589,355
5,539,448
21,150
584.489
70,313
33,ntf0
1,384,634 1,123,259
June
lua.Dec.&Quin June
In. &Gt.North'n June
Iowa Central... 4th wkj'ly
Iron Railway... June
Jack'v.Soutli't'n IthwkJ'ly
J'k'nv.T.&K.W. June
Kanawha* Mich 3d wk July
Kan. C. 01. & 8p 3d wk July
K-C.F.fl. &Mem. 3d wk July
K.C.Mem. &Bir. 4thwkJ'ly
Keokuk & West. 3d wk July
Kingst'n &Pem June
L.
Chlc.Rockl.&P July...
1.376,919 1.275,109 8,895,884 9,262.450
Cblc.Bt.P.&KX 3d wk July
8i.l29
66,566 2,258,983 2,275,209
OhJo.8t.P.M.&o June
576.274 433,233 3,218,929 3,O05,K(i3
Ohlo.AW.Miot IthwkJ'lv
53,0i'
41.082
955,484
885,672
Cln. Dttj.&lron. April.
.
62,174
3,787
53,72H
8,752
4,204
66.683
378,398
61,324
21,659
Det.Gr.H <StM. Wk Jiily25
Great North'n St. P. M. & M. July
825,001
East, of Minn. July
72,811
Montana Cent. July
103,373
Tot. system. July
1,001,185
2,:- 77
Gulf & Chicago. June
Housatonic
121,620
May
Humest'n&Shen June
10,300
Hutch ASoutb'u June
5,897
Lehigh
I
20,600
219,848 1,168,173
Georget'n&W'n May
Gr.Rap. &Ind.. 3d WK July
Oin.R.& Ft. W. 3d wk July
Other lines. .. 3d wk July
Total all lines. 3d wk July
Grand Trunk .. Wk Aug. 1
Ohio AGr.Tr. Wk July25
to Latest Daie,
1891.
.
.
.
8,470,401 7,595,876
31,060
31,032
207,661
206,283
295,618
277,793 1,691.066 1,735,789
34.829
33,153
896,693
876,591
2,449
2,841
19,479
18.319
39.179
22,121
611,531
376,837
44,854
35,233
449,190
354.S40
5,861
7,977
1 67,003
168,904
4.743
5,262
222,648
159,010
74.863
74,.378 2,434,253 2,538,863
27.354
27,684
669,329
638.560
7,511
20.»i,277
6.116
182.769
12,9H6
16.231
79,836
64,448
5,420
5.37'
31,129
34.706
111,603
89.717 1,736,758 1,884,489
237,2i-.9
36.960
201,012
31,016
10,624
278,076
9,772
345,503
513,972 496,905 2,274,083 2,128.750
33,774
33.195
171.872
134.588
39,430
663.174
35.702
850,952
604.613 542,167 11,012,627 10.872,029
85,868
87.128 1,348.5.^4 1,422,423
59,09 1
66.966 1,925.365 1,468,264
13,371
215,258
13,263
231.097
14,191
39,510
9,146
85.724
110.721 143.0.il
736,908
654.630
202,320 155,672 4.024.872 3,660,015
112,437
9j,753 2,399.394 2,148,063
75,636
73.244 2,128.113 1,967,238
128,797
120,043 1,923,165 2,119,487
43.73
50.922
870,133
9-9.845
11,625
54,893
6'2,532
10,896
130,329
650,565
99,43 )
743,175
168,080 131,031
943,684
942,453
139,901
147,838 4,354,577 4,183,182
7,864
157,975
6,307
187,294
167,763 154,366 4,541.873 4,341,159
4,222
118,282
3,737
130,587
264,777 257,223 1,976,847 1,852,463
162.249
70.302
38,180
436.070
306,359 275.359 1,868,305 1,709,636
96,940
23,244
23,044
104,230
74,155
13,194
10,292
83,602
3,713,430 3,334,770 23,823,874 22,959,266
2,384,494 2,426,790 13,783.924 13,724,377
510,870 593,101: 2.561,002 2,905,104
550,392 514,8321 2,918.417 2,798,296
262,110
45,540
42.646!
233.685
106,843
84,596 1,673.471 1,268.621
710,361
155,373 150,654'
752,978
161,844 176,9381 4,980,076 4,674,860
345,000
59,117
378.442
57,316
576.817 548,852 3.175,603 3.256,944
673,644 707,355 12,371.946 11.970.452
85,314
86,690 2,279,137 2,280,870
99,373
20,313
18,879:
105.256
4,292
1,082
790
5, "37
358,283
16,400
364,990
16,221
292,387
47,672
312.123
39,753
116,201
16,188
155.423
13,976
280,777
36,090
179,277
48,373
325,193 352,.i60 1,539,395 1,662,894
5,440,653 5,172,004 31,475,411 31,938,511
448,342
23,838
23,305
511,084
236,162
46,833
238,111
47,708
468,276 447,353 2,289,387 2,436,156
1,8'20.849 1,867,087 9,94'»,804 9,661,527
1,663,421 1,602,406 8,436,820 7,793,003
3,484.270 3,469,494 18,381,626 17,434.530
18,159
3,769
20,835
3,156
124,344
27.612
23,883
133,133
582.039
117,658 128,067'
542.4 10
41.543
194.145
163.151
39.525
104,346
28,600
100.034
28.703
80,248
61,796 1,230,000 1,255,196
110,613 123,721
679,613
407,878
19,894
152,536
175.652
21,792
24,230
174.023
25,064
190,648
13,925
59,918
12,337
58,186
20,308
122.726
114.906
20,300
479.900 423.200 3,401.901 3,133.700
195,000 189,400 1,272.430 1,226,800
86.800
514,090
73.000
557,650
53,500
53.700
477,570
466,238
81,300
581,430
535,114
72,670
149,000 154,500 1,073,570 1,045,475
14,270
14,000
79,730
74,198
14,900
14.500
85,878
78,327
282,435 255.043 7,527,840 7.093,942
28,597
139.391
31,705
144,846
23,881
123,336
53,200
879,111
35,530 1,294,4,2
361,480 349.913 2,255.903 2,222,488
8,462
45,344
8.301
41,205
36,650
761,606
37,619
689,719
108,613 108,231 2,138,822 2,018,097
166,195 111,15J
746.406
620,420
34,830
30.165
859,144
807,534
17,613
418.918
17.308
385,942
32,351
26.626
228,264
141,016
10.150
144,7,^5
13.158
146,009
13.130
28,189
9,s96
32,438
88,256
24,819
178.706
92,000
81,724
813,446
693,312
'
337,213
74,736
371,942
303,304
87,666
417,117
2,023,876
449,872
2.593,112
1,948,047
536,4462,526,773
.
AnouBT
.. .
.
.
THE CHRONICLR
8, 1891.J
Jatul
LaU»t Xaming$ Reported.
Roads.
WetkorMo
189a
1891.
1891.
S
Bo. PuO.ro. COMI
M. Y.T.AMfX. .Tune
Tex. A N. orl June
Atlitiillo KVH.r. ,Iune
Total or
Arizona Dlv..
Hew.Mcjt.IJlv
A
Spar. Uii.
I«l.
Col
12S.70.'S
140,421}
189.881
511,341
1P2.978
87,261
8.627
116.760
May. ...
May. ...
May.
May. ...
May....
June
.1
line
LykcMift Vano\ .lUIIO
hotli Co's June
Tenii. MiilhiiKl.. June
Tofl
Teia.'<
•2,396,
107.995
. .
9l,>!77)
...
...
,
4thwkJMy!
I* Piiiillc
199,872
15.100
168,838
Tei.tt.VuukN.W. 3(1 wk J Illy
T0I.A A.AN- M June
TOI.C0I. iSCin.. IthwUJ'Iy
rol.A Ohio (.'eiit. •IthwkJ'ly
Tol. P. A West.. 3dwk July
Tol.St.
I,.
AK.C.
Itli
wkJ'ly
Tol.ASo.Haveii. MaroU
UlstorADel.... June
Union Paolnc—
Or.e.L.AU.N. May
May
Bt.Jo.AUM Isl. May
AUoth. Iliioii.. May
Tot.U.P.8v«. May
C8nt.Br.AI.'.L. Mav
Tot. cout'led May
Montana Un.. May
Leav.Toji. AS., May
Man.AL.V Bur. May
Joint.own'(l.is May
Grand total. May
Un.Pao.D.AMi.
892,1.32
761.2.^0
789,462
8.7601
53.979
.50.279
117.148
2,075
103,356
100.553
203.909
448,1021
422,832
8, 72
463,436
15.9.55
176,175
1.167
93,295
8.530
56,835
15.859
46.301
1.904
33,398
767,526
420,353
513,535
122,303
7,.584:
616,561
464.661
1,081,2201
93.146,
3,617.436
22.951
501.128
189,586
793,746
499,631
976,517
5.762
158,174
924,940
94,804
3,714.512
23.394
566.731
176 292
802,718
.
510.520
11. 971
16, 702
2.629
3,285
42.089
15,823
45.'i,414
3,881
2.5,762
West Vu-.&Pitts. May
Western of Ala. Time
West.S.V. A Pa. IthwkJ'ly
WheelinT&L. E. 4th WkJ'ly
Miiy
Wbconsin Cent.' 4th WkJ'ly
Wrteht9r..VT»n June
g.
131.083
92,323
14,430
35.450
110.500
40.908
67,988
145,339
5.70S
15,580
409,732
4,640
26.066
124.962
78,678
8,472
31.303
111.300
33,755
Louts. N. A.
Jan.
6.3,029
171.82 J
5.7'25
86.016
,196.339
24, 811
22,h33
140.3J3
146, 903
625, 620
547, 413
48, 420
263, 215
1,990, 190
712. 828
443, 154
2,792, 313
44, 106
61.5,608
423,380
35,097
250,181
,026,6H4
619.988
433.586
,821.325
41,203
cover only that part of mileage located in South Carolina,
a Whoie 9y.st«m, luclu UU!; Iowa Hues.
6 Includes in hoth
years Scioto Valley Division, and Maryland A Washington Division
(Shenandoah Valley.)
c Includes earnings from ferries, etc.. not
given separitcly.
1 M«xicau currency
>< Includes Rome
Wat. A Ogd. in both years for June and the six monthe.
Klffurefi
Gross Earnings by Weeks.
—The
latest
earnings in the foregoing table are separately
weekly
summed up
as
S
243.416
June 30... 1,283,835
49,301
243.525
31,367
148.476
57,672
372,045
107,397
46,939
368,800
29,410
155.304
1,217,051
83.225
1,061,134
57,866
62,3M
422.394
98,087
589.867
651,229
1,313.923 1,350,786
231,424
60,139
77.404
1,131,768
259,102
293,982
439,016
188,375
108,569
.
A
Philadelphia AErle.June.
468,276
Jan. 1 to Juno 30... 2,289,387
Rio Grande West'n.June.
221.704
Jan. 1 to June 30. . 1,146,476
1890.
S
330.211
748.409
97,276
561.814
223,210
1,521,836
359,805
Mississippi. June.
304,927
Jan. 1 to June 30... 1,929,476
July 1 to June 30... 4,108,974
Ohio
1.3,961
82, 563
A ChicJune..
1 to
Bamingt.-^-^
1891.
Mexican Central. ..June.
544,089
Jan. 1 to June 30.
3,387,333 3,208,511
12,577
7,338, 842
.Ve(
s
100,1-26
Lans. A North. June.
Jon. 1 to June 30...
581,733
Flint k Pere Marq June.
220.074
Jan. 1 to June 30... 1,461,088
Kan. C. Ft.8. A Mem. June.
,345,116
Jan. 1 to June 3o... 2,231,502 2.3.50.787
July 1 to June 30... 4,703,143 4,937.431
Det.'
617.113
188, 741
187,430
,419.426'4,,167,541 15,912. 623 16,,305,858
W.V.Cen.APItta. June
Latest
West Mich. June.
Jan. 1 to June 30.
5.384
151,783
862
Oroga Ea rnniffs,
1891.
1890.
S
145.443
797,447
Jtontls.
898,033
,095.992
,107,888
2.436
3.463
25.684
—
Ohio. St
4y4,s'.ii
30.', 851
64,816'
,721„597 2,,219,698 7.980, i>3o
1,344,284 4,,043,416 15,468, 020
25'.,
22.
461, .iOO
,852,048
,4;7,631
,115,101
82.0.16
August
issue of
1
:.393.7424,,125,451 15,723, 881 16,,618,407
45,469
78.265
348.363
34S. 897
Wab. Chest. AW. May
Wash.Houtlii'rn. June
West Jert^ey
June
*
Net Enrnings Monthly to Latest Dotes.— The table following shows the net earnings reported this week, A full
detailed statement, including all roads from which monthly
returns can be obtained, is given once a month In thei«
columns, and the latest statement of this kind will be found
in the Ciirontclb of July 18.
The next will appear in the
552,1541 2„527,377i 2,5I3,.<59
812.716;
194.396
835,125
428.4.56
106.694!
4.54.373
3.039, ,785
2.132, 482
2,011, 966
49.458
Vermont Valley June
Wahiisn
IrhwkJ'ly
AA
8,798
50.748
21,685
70.251
2.267
36.016
616,766
466,642
474,462
Or.Ry.4K. Co. May
Wil. Col.
553
84,7561
208.430
of Jiilu.
1891.
1890.
/»i'r»<M».
J:0,
eonilngs (84 roads) $30,207,878 W8.072,257 $2,135,621 Iti
OroM
83.'.S1
963.900 5.9.<3,-.9«i 6.978.»7a
3,082,106 13.558.282 l'^.eS5.804
4,I&l,857
18,559,552 17,698.968
.i3,»41,223
BtonyCI.AC.Ml.. viay
Batuiuit Bnuu'ti.
llnni/i
S
86.426
740.415
93^.6i«
. .
K. T.
1.">.44S
185
For the month of July we have had retumH from 84 roada,
and thrse aggregated show the following result.
1890.
.12.;.9H3,3'^
.
III)..
(Ciil.i
Bo. DIv. (Cal.)
Btatm
.
.
RK.—
Ko. IMv.
18.731
.
May.
May..
Pat'ltlc 8VSI01II
80 Pac.
lo Lateet Dale.
30.',.965
1,960.460
4,214.747
538,483
1,172.412
447.353
170,105
2,436,1.56
831,968
156,183
81,407
786,444
385,342
1,622,234
896,052
26.626
15,310
141,016
87,140
240,261
209,203
July 1 to June 30 .. 2,346,131
8av. Am. A Mont.. June.
35,974
Jan. 1 to Juue 30...
231,887
July 1 to June 30...
491,499
Southern Pacihc Co.—
Gal. Har. A 8. Ant. June.
337,215
303,314
Jan. 1 to June ao... 2,023,876 1,948,047
Louisiana West'n.June.
74,736
87,666
Jan. 1 to June 30...
449,872
533,145
Morgan's La. A T.June.
371.942
417,117
Jon. 1 to June 30... 2,593,112 2,526,773
N. Y. Tex. A Mex. June.
13,731
15,448
Jan. 1 lo June 30...
86.426
83.581
Tex. ANewOrl'ns. June.
141.423
125,705
Jan. 1 to June 30...
740.415
882.132
Tot. Atlantic sys. June.
932.626
963.960
Jan. 1 to June 30... 5,933,896 5,97f,978
501,255
1,302,276
143,426
91,300
35,263
179,443
516.717
10,125
61,497
111.643
68,994
348,800
12,300
130,497
41,457
543,315
6,583
19,686
314,101
39,228
278,585
113,710
715,618
54,650
277,779
1 80,179
58,489
364,039
229,591
1,647,368
def. 1,521
def.2,165 def.24.474
1,281,668
—
Interest Charges and Siirplas.
The following roads, in
addition to their gross and net earnings given above, also
report charges for interest, &c., with the surplus or deficit
above or below those charges.
^Inter't, rentala, dc.—. ,—Bal. of Net
follows:
For the 4th week of July returns have been furnished thus
far for 54 roads, and the aggregate of these reflects a gain of
1891.
Roftftn
1890.
1891.
jR
4t
4t
FUnt A Pere Marq. June.
Jan. 1 to June 30...
48.456
282,744
45.078
263,741
Eamt.-^
1890.
S
]7,28«
153,660
9,216
89,301
6'71 per cent.
4<A uieek of July.
Bait.
AOhloSouthw
A Pills
Buffalo Koch.
Canadian Pacihc
riiesapeake A Ohio
Cbicaeo A Ka»t. liliuols
'liioajto
A Grand Trunk..
Ohicaito Mil.
A
81. Paul..
AWest Mich
ciTi. Jac. A Mac
Denver* Rio Grande...
Chicago
Detroit Gr. llav. A Mil..
Detroit Lansiiie A North,
Evansville A InliaDa))...
Evans.
A
Tcrre Haute...
.Fla. Cent. A Peninsula.
Gr.iud rruiikof Canada.
.
I.iwa Ceutial
Jacksonville Southeast..
A
iKaneafi C. tlem.
BIrm.
A Western
Lonlsv. EvaLsv. A 8t. L.
I.oulsvllle A Nashville...
l.ouis. N. Alb. A Chic
Lake Erie
Louisville N. O.
|Loui8ville St. I,.
A Trxas.
ATeias.
iMexioen Central
iMexican National
Milwaiil'ee L. Sh. A W est.
a Nor. hern..
iMllwaukee
Wew
York Out. A West.
•orfolk A Western
ifonbern Pacihc
>t,io A MlHsUslpid
iiioRlver
'tna Decatur A Evansv.
it^burit A Western
iih. A Dauv. 18 roadsi.
Alt.
Isolds
1,.
'
•
AT. H. Rrches.
Southeastern..
A Pacim
'UhIoCoI. A CInn
J a.-
loledo A Ohio Central...
Coledo St. L. A Kan.Olty.
Vabash
Western N. Y.
A
Vheelln^A Lake
Penn..
Krie...
Vlsoonaln Central
Total (54 roads)
'et increase (6-71 p.p.)
.
1891.
1890.
ill
$
78.468
79.016
503,000
267.367
93.715
61.524
778.697
53,04
19.579
260,300
64,725
63,212
462.000
219,933
76,242
32.231
10,149
41,065
23,387
397.364
34.829
39,179
27,354
111.603
39,430
604.613
85.868
59,091
13,371
202.3'20
153.ii72
112.437
128.737
50,922
90,755
120,013
43,737
84,396
1 76,958
707,333
86,690
16,221
23,305
61,796
253.045
37,619
108,231
176,175
l0«,-<43
161,844
673,644
83,314
16,400
23,838
80,218
282.45.>
36,650
108,613
168,838
8,798
50,748
7 -,251
455,000
8,.530
145,389
56.835
46,301
409,712
111,300
33,735
171.823
6,858,898
6,427,564
110,i>00
40,9081
Mobile
2,035
68E
1.734
411
5,735
1,024
1,175
1888-89.
1889-90.
1890-91.
Total miles oper
687
687
637
687
Passengers curried..
436.578
535,247
617,215
685,7 55
Passenger mileage.. 16.433,875 18.99:i.252 19.586,735 20,316,2 67
Av. rate p.pa8.s. p.m.
2-3 c.
2'33c.
2-31C.
2-36o
Tons moved
1,205,278
1,315,310
1,456,542
1,643,2 96
.
Tons moved onem.. 192,281, 590 218,376,431 255.773,033 306,192,3 30
Av.ratep.tonp. m...
1-Olc.
o-96c.
0-9l2o.
0-866o.
EARNIN08, EXPENSES AND CHARGES.
1838-89.
1889-90.
1890-81.
$2,881,473 $3,173,431 $3,559,138
$1,844,187 $2,001,131 $2,236,543
10H,837
10'2,.506
101,379
106,883
T.italoper. exp's.... $1,812,397
~
Taxes and
Insur'oe..
Net earnings
Interest
and rentals
$710,392
704,918
$331,T8J
709,901
$1,07'\918
954,3'29
$1,215,713
1,058,264
$5,474
$224,879
$116,589
$157,448
Surplng
There should be added to the $157,448 surplus as above
15.111 in 1890-91 the balance on hand Jan. 30, 1890, $5,306, by car
33.711 trust "O"' $310,000, and proceed:? of bo ids sold to purchase
1,376 rolling
stock and also to provide for first pavment account
of Car trust " O," $101,791— $317,096, making $474,546 in all,
accounted for as follows
:
969
7,337
'268
6,087
23.050
43.268
'"soo
7,133
26,434
557,606
431.33 V
OPEBATIONg.
1887-88.
1887-88.
Total gross eims... $2,629,536
1,260
7,875
882
30, 1891.^
:
'336
21,886
3,728
62,448
179
531
June
.
324
18.452
27.410
Railroad.
In advance of the annual report, the statistics for four years
have baen obtained and are compiled for the Chkonicle as
follows
2,836
18,0CO
108
46.648
21.682
8,734
7,185
22,247
& Ohio
('For the year ending
67,868
11,9S5
17.058
ANNUAL REPORTS.
Derrease.
13,743
13.734
41.000
47,434
17.473
63,60;i
710, sag
41,082
22.413
278.500
20,974
33.968
9,738
33,330
24,363
396,189
35,153
22.121
27,681
89.717
35.702
342.167
87,128
66,966
13,263
21,«.=>9
lyierease.
Receipts as above.
'25 box cats purchased
'Ji
2
box
new
cars,
secoud hand (heretofore leased)
bagifage cars
Car trust
.$474,546
$50,356
10,120
8,314
"O":—
12 locoiuotives,
200 fruit cars,
)
248,000
>
100 gondolas,
}
Paid on account of principal of car trusts matured.. 108,303
10,6-22
Construction, M. A O. R.R. proper
do
21,262
St. L. AC. K.K
451,980
126.272
Surplus for year
»22.56»
:
IHE CHRONICLE.
188
V
Kansas City Fort Scott
& Memphis
(Tor the year ending June 30,
At the meeting in Boston this week the directors voted that
the consideration of dividend upon the contracts for preferred
be postponed until the result of the earnings of the
calendar year of 1S91 be ascertained, and that the dividend
upon the common stock be passed.
The results for the fiscal year ending June 30 compare with
previous years as follows
Btoclt
:
EABMNGS AND EXPENSES.
Net earnlnits
Ter cent of oper.
exp. to earas.
1390-91'
1888-89.
1889-90.
4.54.5,567
3,027,510
4,937,431
3,386,645
4.703,14^
3,389,218
1,518.057
66-60
1,550,786
68-59
1,313,924
72-Ob
Gro88 earnm«t9
(Operating expenses
INCOME ACCOUNT.
J^
a»
Total net
189091.
1889-90.
1888-89.
Set earnings
Oaerincome
ic
ffi
1,518,057
83,058
1,550,786
60,921
1,313,924
1,601,115
1,611,707
1,325,727
969,436
*516,924
25,101
1,004,640
to67,344
37,908
27,942
1,030,841
J208,972
38,005
64,245
1,511,461
sur.89,654
1,637,834
def.26,127
deM6,336
Dividends
Miscellaneous
.
C.
&
8.
and C. E. RB.
Total
Balance
* 8 onpref., 3 on
1 on common.
common,
686,623
18,410,535
206
2 09 eta.
194,279
7,458,210
196,472
8,299,391
4-37 cts.
4-41 cts.
EABNING3 EXPENSES AND CUABGES.
Earnings—
1,342,063
1890-91.
$
Freight
Mall, express and miscellaneous
;4onpref.,
Total
Operating Expenses—
Conducting transportation
Motive power
Mainten.ance of cars
Maintenance of way
General and taxes
one of the group of railroads financed in Boston, of
which Mr. Chas. Merriam is Secretary and Treasurer. The
past year was quite unfavorable, and the deScit under fixed
charges was §176,065. " Injuries to individuals, including the
is
Total
Net earnings
Deduct—
Interest on bonds
Sinking fund
accident at Ensley, cost the company $35,577."
The annual report gives the earnings, expenses and charges
in the year ending June 30 as follows
$
416,479
362,835
53,334
380,495
329,071
45,768
Passenger
Kansas City Memphis & Birmingham Railroad.
fFor the year ending June 30, 1891.^
This
804,148
19,835,773
cts.
1889-90.
8 onpref., 3i9oncommon.
t
1.
—
Operations
carried
Passenger.^ carried one millAverage rate per passenger per mile
Freight tons carried
Freight tons carried one mile
Kate per ton per mile
11,8^ Passengers
Dc ^ttc t
Interest on bonds
[Vol. LI
the surplus was used for construction purposes, the finances
did not admit of any dividend being paid.
There has not been any change in the amount of the capital
stock, or any increase in the bonded indebtedness of the
company. There was paid on account of sinking fund, in accordance with the provision of the mortgage, $35,000 on the
1st of July, 1890.
"Much of the real estate along the line of the company has
been held in large tracts by a few holders. Notably among
these holdings is the Coleman tract at San Rafael, which is
now about to be placed upon the market, and is being divided
into small lots, embracing from one to five acres. To facilitate
the marketing of this property, your company has erected a
small depot in the most desirable location, and proposes making this a regular station for passenger traffic."
The statistics for two years have been compiled for the
Chronicle as follows
OPEBATION8.
1890-91.
1889-SO.
Milesoperated
162
162
Bailroad.
1891. y*
D«f K. C.
:
:
755,294
832,648
153,497
114,700
19,588
138,937
99,061
172,496
108,812
525,783
229,510
544,463
288,184
202,779
25,000
206,633
25,000
227,779
231,633
1,731
56,-551
18,5-27
143,281
102,347
:
1888-89.
Gross earnings
Operating expenses
Oper. exp.
p. c.
of earns
Notcarnings
1889-90.
1890-91.
$914,085
629,552
$1,209,733
784,767
$1,192,165
961,248
(66-70p.o.)
(64-83p.c.)
(80-80p.c.)
$314,512
$431,9«5
1,827
16,732
440
24,697
$230,917
2,628
17,495
$450,103
400,342
$251,040
427,105
Miscellaneous intpr't received.
Trafflcguar. K.C.Ft.S.&M.RE..
8-333.071
Total
385,970
Charges
Balance
def.
$52,898
svir.
Total
Balance, surplus
OENEBAL BALANCE JUNE
30, 1890, §23,453
_^^_
Toledo
;
Earmngs—
1890-91.
235
235
$
l,167,r-77
1,163,818
806,749
819,292
360,828
344,526
Net earnings
1887-88.
Tteceipts—
Total
Dediu-l—
Interest on bonds
Intel est on car trusts
Kentals
Dividends
Miscellaneous
Total
Balance, surplus
*
1888-89.
$
$
360,828
$
125,126
1,168,888
1,290,018
94,736
77,758
134.046
Seligman
&
Co.,
,
&c
50,000
30,507
58.861
59,452
For supplies, pay-rolls, &0
Anglo-CalifornlanBauk
53,749
Miacellaneous
Net revenue account
62.896
15,365
1,54S
71,917
10,475,345
10,420,230
GENERAL INVESTMENT NEWS.
1,338,750 1 ,,501 ,822
843,111 1,033,807
545,639
468,015
1839-90.
$
1890-91.
$
468 015
314,526
22,084
545,639
3U,760
360,928
366,610
576,399
5011)33
'
150,000
35,628
150,000
37,088
29,256
150,000
150 000
'13,979
& W.
Total
INCOME ACCOUNT.
Netcaniings
Other income
6,000,000
4,150,000
J.
42.319
25.610
23,157
:
1889-90.
235
$
Totaleamings
Oper. expenses and taxes.
enabled
1888-89.
&c
Mail, express,
is
237
$
123.092
954,616
86,110
10,420,280
6,000,000
4,176,000
167,334
Sinkiiigfund paid
Bills payable
1887-88.
110,719
959,670
97,188
Passengers
Freight
10,475,345
Advanced bv
to give the results for the fiscal year as follows
Milesoperated June 30...
—
Capital stock
Bo-.;dod debt
Liabilities
Central Railway.
$
10,3-^7,193
Total assets
$49,760 def.$l76,065
CFor the year ending June 30, 1891.J
In advance of the pamphlet report the Chronicle
$
10,181.882
37,688
25,743
230,031
Miscellaneous accoimta
in 1890-91, $37,236.
& Ohio
1891.
1890.
Assets—
Road and equipment
Materials. &c., on hand
Fund for redemption of bonds
There was charged to construction during the year ending
June
30.
31636
30,133
92,625
33",0i8
3fi'H-7«
53019
16,070
438
555
167 966
lliaol
215,677
145,151
216,782
149,828
304,949
271,450
402,665
98 368
Balance of rentals paid over rentals received,
San Francisco & North Paeiflc Railway.
CFor the year emiing June 30, 1891.J
Tlie annual re(»ort of this company is issued promplly
after
the close of the fiscal year. The road is north of San
Fran
CISCO and the main line and branches are k.oated
as follows
Tiburon to Ukiah. main line, 106 miles Donalme to
Junction"
with main line. 5-76 milis Fulton to Guerneville, lT-61
miles"
•
;
Alabama Midland.—At Montgomery, Ala., July 31, a bill
was tiled in the Chancery Court by the Alabama Terminal &
Improvement Co., praying for the appointment of a receiver
for the Alabama Midland RK. and for its property. The hearing has been fixed for Aug. 18. The Terminal Co. claim that
their contract of sale of the Alabama Midland to the Plant
Investment Co. provided for the assumption by the latter
of the guarantee of interest to November, 1893, to
secure which certain securities are deposited with the Metropolitan Trust Co. This claim is disputed by the Plant Investment Co., and the Terminal Company have b-gua proceedings to protect themselves, in view of the proposed action tn
reduce the interest from SIX to five per cent. It is claim,
that the road is fully able to earn its full fixed charges.
payment
company
Calle-l
Bonds.—The following bonds have been
called for
Illinois Central Railroad.—Sterling sinking fund 5 per
cent bonds, dated 1874, due April I, 1903, to be redeemed at
par at the office of Messrs. Morton, Rose
Co., London, on
the 1st day of October next, 50 bonds of £3 JO each, viz.:
:
&
Nos.
120,
871,
899,
1«47, 1665,
2330, 244-2,
4015, 4031,
4796.
15-*,
209,
258,
10.JU,
lO-jl,
l(i9i.
1781,
2933,
4039,
IHOi,
3008,
4073,
1808,
3110,
4081,
367,
120H,
20J6,
3514,
4182,
5--'3,
408,
1396, USB,
2133, 2191,
35t!i, 3830,
4630, 16tjl,
613,
1459,
;
i
671
1,556,
3836,
22;w,
3994,
469 0,
1774,
22i>0,
j
;
S,niita Rosa to Sebastopol. 6-33 miles
26-63 miles; total, 162 2.-) mile.s.
;
'
Ignacio
"-o Glen
to
^^len tiien,
Flipn
« "^ "
Thtre was expended and charged to capital account
during
uuring
the year the sum of $118,608.
From the tal)Ie8 it will t)e seen that the surplus revenue
for
the year endmg June 30th, 1891, was $56,551, as
against Si 7SI
for the preceding yeiir.
The company therefore earned a
dividend of neaily one per cent on the capital
stock but
^
Charleston Cincinnati
'
& Chicago.—In the United States
C, Judge Simonton m.iJe an
District Court at Greenville, S.
.
order requiring Receiver Chamberlain of the Charleston Cin-
Chicago Road to issue rpceiver's certificates to the
pay claims for equipment,
Chicago Stockyards Company.— The Chicago StockvardsCompany and the puckers, Messrs. Ariiour, .Morris and Swift,'
are reported to have effected a settlement. jj The company
cinnati
amount
<5c
'
of $330,897, to
i
s
AUOCST
8,
THE CIIUONICLR
1891.]
r
pav $500,000 for the Central Stockyard- |i
Chicago, half in cash and half in mortgage; the iiuiulm^ l.u\
Buite to 1k> abandoned to Kive 1500,000 in common stock, to
be held l>y the paikerH for five years, for 1,000 acres of the
IMickcrs' land at Tolleston, Ind., best suited for stockyards; to
guarantee principal and interest at 5 per cent on 1^,000,000
15-year Iwnds of the Tolleston Stockyard Company, with
tinkin^ fund attached.
per cent has
Chlcajro & West Michlifrtn.— A dividend of
been declared, [xiyable Au(;uat 15. The gross and net e.irnin<,-!<
and charges for the six mouths, January 1 to June 80, were
as follows
at?roes to
i
;
m
:
1890.
1889.
~
Gro«« esrulnirs
491. U2
74S,100
74«,100
797,447
479,60))
479,60i)
553,9'22
178,080
268,800
2,340
243,525
0,990
271,140
112,385
249,515
144,085
660,192
Eipenses......
NetearnliiKB
OtUiT Income
178,080
116,022
Total net
CUaigea
158,755
62,058
Bnlimoe
1891.
10.'5,430
Colnmbns ft Hocking Coal * Iron.—The Annual report of
the Columbus & llockiug Coal & Iron Company for the year
ending March 31, 1801, shows: Gross, $1,190,010; net, $147,rentils, royalties,
charges, $78,375 dividend, $8,349
637
After adjusting
discounts, &c., $47,440 surplus, $13,572.
old accounts, &c., the actual surplus at date was $8,010. The
balance sheet shows obligations of $130,041, cash, $27,332,
and total resources $947,044 in personal property, and not
including realty and operating plant.
Detroit ^nsin? & Northern.— The gross and net earnings
and charges for the six months, Jan. 1 to June 30, were as
follows
Railroads In New York State.— The remiita for the quarter
and year ending June 30, 1890 and 1891, were ax below given,
compiled from the reports made to the State Railroad Comniis-iioners:
NSW TOKX LAKE
ERIE * WEBTRHN.
^Quar. ending June :10.— ^ Tear ending June
1890.
1891.
lH'<0-9O.
30. ->
IH90-91.
OrOMcamlngs
$7,269,617 $7,267,!t02 $29,039,818 $29,263,215
Operating expeusea 4,700,922
4,613,078 18,882,775 19,282,618
Net earnings.... $2,562,695 $2,6.54,884 $10,157,043 •9,9^n,e39
601,613
599,832
2,981,442
2,596,88«
Pro' u to leased lines.
Balance
Other luoonie..
..
$1,961,082 $2,055,052
308,145
296,074
TotAl net Income $2,269,227
Int., rent.
&
taJtei..
Balance.
$7,675,601 $7,383,698
1,115,725
994,900
1,934,831
$2,351,126
1,926,697
$8,691,326
7,669,417
$8,338,593
7,629,216
$334,396
$424,429
$1,021,909
$709,377
DELAWARE LACKAWANNA A WESTERN LEASED LINES.
^Quar. ending June 30.—. ^Tear ending June30
1890.
OKMSeamlngs
$2,106,243
1,103,229
Operating expenses
Net earnings
Int.,
rentals
&.
$1,003,014
570,082
taxes.
Surplus
;
1890.
Gross earnings
Operating expenses..
Net earnings
Int., rentals
1891.
1889-90.
$2,012,323
1,078,544
,
1890-91.
$8,045,492
4,094,560
$8,169,401
4,032,586
$933,779 $3,950,932 $1,136,815
581,249
2,233,539
2,.304,246
$132,932
$352,530 $1,717,393 $1,822,569
BTATEN ISLAND RAPID TRANSIT.
^ Quar. end. Jtme, 30.-, ^ Tear end. June .30.-.
;
;
;
187
&
taxes.
Surplus
1889-90.
1»90-91.
$944,418 $1,030,465
648,441
699,146
1891.
$270,235
171,454
$278,063
$98,781
82,634
$89,488
80,268
$16,147
$9,220
188,.575
$2,905
$33,469
:
1889.
1890.
Eipeusee
$515,787
400,733
$561,832
406,526
Net earnings
Cbarges
$115,054
171,179
$155,303
160,269
Oross oarnlngs
Rio Grande Western.— The earnings for the
$564,733 year ending June 30 were as follows:
1891.
416,257
$148,470
157,179
*56,125
$4,906
$8,703
New Bands and Stocks Authorized or Offered. The following is a list of new issues of securities now offered for sale, or
soon to be ofifered
Asheville, N. C.— $500,000 street improvement, $100,000 sewer,
$20,000 market and $ j'j.OOO scbool aooUs, all oa and duo In 20
years, except the school bonds, due In 30 years. Bids will bo received till August 15 by W. B. Young, clerk to the Board ol Aldermen.
Berkeley Cocstv, W. Va.— $105,030 4 per cent bonds, duo in 33
years, redeemable in three years. Bids will be received by the
County Court at Mattinsburg, W. V.. till Sept. 7.
CiNOOKD, -V.
$25,000 6 per cent 30-year bonds. Bids will be receivwl until August 22 by the Board of Commissioners.
CRikio Col STY, Va.— $25,000 railroad aid bonds are to be issued.
PoHlLAMi. Ore,— $500,000 5 per cent 30-year bridse bonds. Bids will
be received till Aui?. 17 by K. A. King, clerk of Bridge Committee.
Pulaski City, Va.— $5,000 improvement bonds are to be issued.
Romeo, Mich.— $26,<jOO water works bonds will be issued.
Bpokase County, Wash.— t<20 J.ooo 6 per cent bonds, due in 20 years,
redeemable in 10 years. Bills will be received by the Board of
County Commissioners at Spokane until Aag. 24.
Dtflcit
—
;
C—
—
Ohio & Mississippi. Among the various reports about this
road the latest (and therefore the best) is that President Ingalls
of the "Big Four" and Cliesapeake & Ohio railroads is endeavoring to secure control of the Ohio & Mississippi to add it to the
Chesapeake & Ohio, in order to give that road a line of its
own to .St. Louis. This report says that the errand of President Ingalls in Europe at the present time is to secure control
of the European holdings of Ohio & Mississippi stock and arrange with the bondholders for terms of consolidation. It is
repeated here merely as one of the railroad rumors of the day.
Railroads in Massachusetts.— The results for the quarter
and year ending June 80, 1890 and 1891, were as below
given, compiled from the reports made to the Massachusetts
Railroad Commissioners
BOSTON A ALBANT.
^Qitar. end. Jwie 30.— ^Tear ending June 30.—
Gross earnings
Operating expenses
Net earnings...
late
fiscal
1890.
$1,622,234
1,105,517
hicreasc.
P.O.
$2,316,130
1,450,007
$723,896
344,559
44
$516,517
$896,053
$379,336
73
1891.
31
Tonawanda Valley & Cuba.— At Rochester, AuE^st 1, in
Special Term, in the case of Masten
Nichols of New York,
Judge Raines as counsel, made application for a stay of
proceedings in the matter of the sale of a portion of the
Tonawanda Valley
Cuba Railroad. The sale was made
July 21 and the road was bid in by William Jay and other
bondholders at a price which left certain inJebtedness accumulating under the receivership unprovided for, in violation
of an understanding that these creditors were to be taken care
of by the purchasers of the road. This indebtedness amounts
to $47,000, and it is to save this sum that the attorneys have
commenced proceedings. Judge Davy granted a stay enjoining the transfer of the title to the property in question until
the matter can be heard at the next Special Term in Baffalo,
which conven'is on September 8.
&
&
—
Union Pacific. Dow, Jones & Co., on Friday, Aug. 7,
gave the following: A syndicate was formed yesterday to
underwrite Union Pacific loans. The facts are substantially
these: A number of gentlemen have agreed to guarantee to
the Union Pacific Company all the money it needs to take
care of its floating debt during the next three years. An institution, still to be named, probably Drexel, Morgan & Co.
or the Union Trust Company, will be empowered to negotiate the loans for the Union Pacific Company.
This institution will borrow the money on the Street if it can and if not
will call upon the syndicate.
Union Pacific will deposit
this institution collateral as it
be needed.
may
with
When
the
syndicate puts up money the collateral will be kept by this
institution for the syndicate. The institution is to borrow the
money at the best rate it can get for the company, and will
receive a commission for its work. The syndicate will be
given a bonus of some kind at the end of the three years, the
amount and kind still to be determined.
1890-91.
1890.
1889-90.
1891.
The limit of three years is taken because it is confidently
Orosseamincs
$2,283,042 $2,312,448 $9,137,015 .$9,177,893
Operating expenses.
1,161,351
6,225,221 believed that within that period the company can sell enough
1,642,595
5,689,355
securities to pay off its floating debt.
The syndicate comNet earnings
$1,121,691
$639,853 .$3,447,690 $2,952,672 prises among the directory Messrs. Gould. Sage, Dillon, Ames,
Int., rentals A taxes.
192,828
1S8,494
1,328,273
1,330,877
Dexter, Atkins, Dodge and others. Gentlemen outside of the
Borplug
$928,863
$181,359 $2,119,417 $1,621,795 directory have also subscribed to it. Mr. Jay Gould telegraphed yesterday that he would stand in for $5,000,000. Mr.
OLD COLONY.
^Quar. end'g June 30.— r-Tear ending June RO.—^ Sage put down $1,000,000. Mr. Ames cabled from Carlsbad
1890.
1890-91.
1891.
1889-90.
that he would take whatever interest was allotted to him,^
Qrosseamings
$2,000,351 $2,038,810 $7,845,433 $H,102'494 The syndicate was called on for its first subscription yesterOperating expenses
1,685,178
1,577,340
5,835.238
6,132.081
day, the amount called for, however, being less than $1,000,Net enrolBgs.
$315,173
$461,470 $1,960,195 $2,029,913 000, which was necessitated by the calling of fresh loans by
Other Income
254,905
580,635 certain banks.
310,174
671,316
;
•
,
Total
Int., rentals ii
taxes
Surplus
$570,070
419,193
1890.
.
$2,610,548
1,720,955
$150,885
$307,875
$839,593
$948,782
CONNECTICnT BrVEB.
^Quar. end. June 30.-< r-Year ending Jvne 30.-%
Grogs earnings
Operating expenses..
Net earnings
Otherliicomc
$801,644 $2,631,511
433,769
1,682,729
$279,145
372,717
1891.
1889-90.
lSlKI-91.
$270,859 81,099,748 $1,120,645
341,899
830.512
832,095
def.$93,572 def.$71,040
24,792
9.270
$267,653
59,051
$2'<1,133
Total
det$68,780 def.$61,770
reutaisdi taxes.
29,020
3,370
$326,704
120,2m6
$325,ri05
Int.,
Balance..
41.372
89,105
.def.$97,800 def.$05,140 8iop206,408 sr.$2.'»6,400
—
The Thurber, Whyland Company has declared their first
semi-annual dividend of 4 per cent upon their preferred
stock, payable August 15th.
The books will close on
August 10th and will be reopened on August 17th. It is oflicialty announced that besides the dividend on the preferred
stock the business has earned in addition at the rate of eight
per cent per annum upon the common stock issued and oatstanding.
— Messrs. .S|>encer Trask Co. are offering a choice variety
of Ist mortgage gold investments, paying from 4'j to5'^
per cent to tile investor. Further particulars will be found
in the advertisement in our columns to-day.
&
.
.
.
THE
188
.
1
'
CHRONICT.K.
rvot. Liii.
COTTON.
^be (£^ommtxcml gimes.
COMMERCIAL EPITOME.
Friday, P. M., August 7, 1891.
indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 6.850 bales,
The Movement of the Crop, as
Friday Night, August 7, 1891.
The weather has greatly improved during the week under against 7.330 bales last week and 8,902 bales the previous
review. It is warmer, and reports of excessive rains are no week, making the total reoeiots since the Ist of Sept., 1890,
longer received. Trade shows some improvement, but is still 6,907,696 bales, against 5,801 .007 bales for the same period of
somewhat slow. The export of wheat continues on a very 1889-90, showing an increase since Sep. 1 1890,of 1, 108,689 bales
The next cotton crop begins to mature, and a
liberal scale.
Receipts at—
Mon.
Sal.
rues.
Wed. Thurt.
Fri.
Total.
number of bales of new cotton have been received at Southern
There is as yet no disturbance of the money market Galveston
ports.
34
42
50
5
420
56
607
arising from the employment of funds in moving the crops.
El Paso, &c...
The following is a comparative statement of stocks of lead- New Orleans...
550
169
182
309
49
183
1,442
,
ing
articles of
merchandise at dates given
:
MobUe
103
31
19
20
15
8
201
247
364
187
358
171
249
1,676
171
45
11
124
26
74
491
13
11
54
27
38
106
75
243
108
370
337
75
873
989
Florida
Aug.
1890.
1891.
1891.
July
1.
Aug.
1.
Savannah
1.
Brunsw'k, &o.
Ijui
'.
Tobacco, domestic
Tobacco, foreign
Molasses, foreign
Molasses, domestic
turpentine
Tar
Bioe,E. I
OUoe, domestic
Unseed
Saltpetre
.Jnte butts
.....
hemp
Vlonr
bbls.
bbls.
15,000
No.
43s».700
bales.
bbls.
bbls.
bbls.
138.274
19,076
2,315
25,000
453,600
155,721
17,839
bags.
pkga.
aags.
bags.
30,000
libda.
Hides
Cotton
Kosln
Manila hemp....
1,121
mats.
boxes.
bags, &c.
bids.
bhda.
-
kdado
«laal
t.63
bags.
bags.
otber
Ooffee, Java, &o
..........
Bn^ar...
OofliBe,
"Spirits
48,192
53,095
1,120
None.
444,769
None.
bales.
OoffecRlo
'flugar
-flogar
21,458
62,375
20,061
41,903
89,749
35,788
39,271
7,076
Non».
59 >.322
None.
bbls.
t08.
Iihdg.
<Pjtk
and
bales.
bales.
bales.
sacks.
402
24,597
65,913
20,647
45,787
6,200
49,833
12l,«j39
251.073
GltiOO
56.170
5,066
'—
28,b(i9
5:-i.019
None
210
280
500
None.
19,5.0
None.
7.450
97.0.0
6,707
10.000
I02.P25
67,.'i0O
2,707
l-VOO
20,9-^0
133.410
1
06.500
Lard on the spot has not been active, and tlie latest pncej
»re considerably lower than those current early in the week,
closing somewhat nominal at 6'15c. for prime City and 6"72i^
@6'75c. for prime WestC'n, with refined for the Continent
quoted at 6'70(«7'05c. The speculation in lard for future
delivery was signalized on Wedjesday by a sharp decline, attributed to manipulation in the interest of Western packers
to promote a decline in the price of swine. To-day the market was steadier and active, with sales of 8,000 tierces at 6'71
^6-72c. for Sept., 6-83c. for Oct. and 6-95c. for November.
DAILT OVOaaiO PRIOBB OF LARD FUTUBBS.
Sal.
Man.
Tue4.
Wed. Thur.
August delivery
o.
September delivery
o.
October delivery
o.
3)e(«mberd livery
c.
January delivery
o
Pork has declined
6H6
6-90
6-84
b'93
7-05
6h7
722
T'07
725
7-40
692
702
6-65
6-73
6-81
6-66
6-72
6'R2
7-2 i
7 04
701
7-37
7-19
Fri-
6 66
6-73
e-»3
7-05
7-20
sharply, and new mess is quoted at
$12® $12-50. Rckled bellies have brought l^dSc. for medium and light weights, but cut meats generally close dull
and unsettled. Tallow is firmer at 5(tt5 l-16c., at which a large
business was done to-day. Butter is firmer at 16319c. for
creamery. Cheese in good demand at 8}4®6^c. for fine to
choice factory, full cream.
Coffee on the spot has been Jquiet and closes i^c. lower at
r?%c. tor No. 7 Rio. The spectilation in Rio options has also
been quiet. To day an early advance was soon lost. The
close was steady, with sellers as follows:
Anguht
September
October
16 6to.
1580j
.14-7oc.
I
I
Novemiier
13800.
December
January
13'35o.
..13-l5o.
I
February....
March
..
"
Norfolk
13'15
13'05
I
—early months showing an advance and late months a decline.
are 1,450 cases, a.s follows 800 cases 1890 crop, Pennsylvania
Havana, private terms 350 cases 1890 crop, New England
Havana, 25,(j45c.; 250 cases 1890 crop, New England seed
ZZ%'§i5c.; 150 cases 1889 crop, Pennsylvania Havana, 13 a 15c
100 cases 188« crop, Pennsylvania seed, 12 a 15c.; 100 cases
1889 crop, State Havana, 14 a 15>^c., and 200 'cases sundries
65^ia35c.; also 600 bales Havana, 70c.@$l-15, and 100 baleii
:
;
'•
5. $3.
On the Metal Exchange Straits tin is without decided change
and quiet 20 tons sold to-day at 20'10c. for August and 20-lOc'
for September. Ingot copper, at a further decline, has
had
some business; 25.000 llis. Lake sold to-day at 12 05c. for Au^bt. Domestic lead is firmer, but closes dull at 4-55c. Interior
iron markets report a more active inquiry for pig-iron
but
at low figures.
Refined ijetroleum has further declined under free oflferinits
and is (luoted at 6-75c. in bbls., 8-20c. in cases and 4-25c in
bulk; naphtha, 5-75c.; crude in bbls. 5-85c. and in bulk
3-25c
Crude petroleum certificates are decidedly lower sellin" to
day from 59c. down to 61i,^c., closing at 52c. Spirits tui^oentine IS firmer at 36(3 36J^.;.
Rosins quiet and unchanged at
$1-36@$1'40. Wool in better request, but prices no
dearer
Sumatra,
$2-
1
100
133
341
53
100
134
82
34S
50
106
79
15
31
175
1,316
1,113
1.477
1.026
979
ft39
6,850
23
3
N'wp'tN's,&e.
Baltimore
Phlladelph'a,&c
Totals this week
50
For comparison
we
give the following table showing the
week's total receipts, the total since September 1, 1890. and
the stock to-night, compared with last year.
SeeHptito
Aug. 7.
Gialveston..:.
El Paso,<&c.
(Tew Orleans.
Mobile
Florida
Savannah.
..
Brans., i&c.
Oharleston ..
1890-91.
This
Week.
1,442 2,056,691
201 293,157
44,583
1,576 1,124,248
451
Royal,&c
Wilmington
Wash'tn,&o
Sorfolk
West Point.
NwptN.,&o
New York.
..
Boston
Baltimore.
54
370
337
75
573
989
..
PMl'del'a,dM5
TotalB
1889-90.
Since Sep.
1, 1890.
607 1,001,890
23,764
P.
175
188,966
508,800
1,016
188,436
3,746
644,278
350,987
97,431
135,461
121.516
50;034
72,692
6,850 6,907,696
201
1890.
1891.
839,113
23,212
4,152
129
331 1,953,792
35 239,953
2
32.279
156 938,195
162,962
5 320.628
1,833
19 132,849
50,440
4,456
3,012
166
3,899
566
2,786
172
2,880
268
5,805
1,489
3,749
74
402,686
326,871
62,523
115,950
72,876
36
111
436
13
214
90,121
81,415
132,267
1,800
4,106
4,055
48,502
1,500
326
3,025
1,419 5,801,007
216.860
59,155
Receipts at-
1891.
1887.
1886.
1,665
1,741
1,541
9
139
5,340
14
1,695
1,737
449
112
120
40
17
2
118
299
882
99
448
44
2,423
201
2,733
6,850
1,419
1,010
9.915
7.270
6,660
Savannah.
201
1,576
451
..
1888.
871
1,442
Charl'8t'n,&c
1889.
201
331
35
156
5
19
111
we
142
263
New
Orleans
Uobile
1890.
607
aalv'nton,<feo
54
370
412
27
10
643
102
1,529
1
4
12
595
109
965
6907.696 5801,007 5509.031 5507.51 115213.418 5314,557
^"^ }^^ ^^®^ ending this evening reach a total
. ii'^A/^"^*®
of 6,006 bales, of which 2,170 were to Great
Britain, 375
to France and 3,461 to the rest of the Continent.
Below are
the exports for the week, and since September 1, 1890.
Wt^sk Endim AuQ. 7.
From Seiil. 1. 1890, to Aug. 7, 1891
SlnoeBept. 1
Exvortea
Exports
Qreat
from—
—
tn
Exported to—
OontU Total
Brit'n. Fratue
Galveston....
New Orleans.
nent.
1,673
Qreat
Week. Britain. France
515,120 25.108
964.915 400.650
74.867
450
126,457 37,696
1,578
Mob.AP«ne'la
;
'
Slock.
Since Sep.
1, 1889.
This
Week.
In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
Raw sugars are firmer, and to-day were quite active, clos- WUm'gt'n.&e
ing firm at 3c. for fair refining Muscovado and 3 7-16c. for cen- Norfolk
trifugal of 96-deg. test.
The sales to-day were about 13,000 Wt Point, Ac
tons of Muscovado and 36.000 bags of centrifugal, &c. Futures Al others
nominal. Refined active; crushed 5@5i^c., and granulated
Tot.thisweek
Kentucky tobacco has met with only a moderate demand
and sales for the week are limited to 250 hhds., mostly for export.
Seed leaf continues in request and sales for the week
83
65
99
30
West Point...
Bo'ston
None.
20,500
68,000
2,707
30
Wasb'gton,&c
1,607
3,000
470.0'>0
1.690
1,147
22,500
542
W^ilmington
New York
50,078
1,888
PortRoyal,&c
285.9U8
None.
24,ti50
35,000
Charleston
SSTlUUldl ...
BrunswiOk..
CbarlestOlt
98,630,
.
WilmlivtOB.
Norfolk.....
602
West" Point
fork..
1,768
BoBtoa......
Baltimore
2.S73
838'
120
Total
11,699
79.204
Pbiiailelp's,&c
Total. 1889-90
16,330
269.8.^3
139.102
76,240
620 143
226.394
NpurtNwiiitc
New
149,689
98,532
26,723|
8.170
375
1,647
719
42,994
Continent.
Total
102,952|
643.180
664,516 1,938,981
100
74,917
433,744' 697,796
2.3,366
121.996
248,241 414,260
163.359
63,180|
45.871! 327.383
32,530 171,882
75.959
201,384 764,521
7.316 233,710
91.250 184,671
28,6:)1.914
8,461
6,006 3,364,379 560,209 1.816,364 5]710,962
(3
14,880 2.665.463' 475,1 1» 1,512,424 4,873.008
!
af
ADOU8T
8
THE CHRONIOLR
8, 1B91.J
In addition to above exports, our telegrams to-night aim
«ive us the following amounts of cotton on shipboard, iim
We
add similar figures for
cleared, at the ports named.
New York, which are prepared for our siwcial use by Messrs.
Lambert. 24 Beaver Street.
Carey, Yale
&
On
Other
Franee. Foreign
Britain.
Oreat
Hew Orleans...
6.7!>5
364
700
Galveston
flavannah
Charleston..
Norfolk
Noue.
None.
None.
None.
None.
None.
None.
Noue.
None.
None.
New Vork
Other ports
.5.200
2,«i)0
None.
Noue.
None.
None.
None.
Noue.
Noue.
14.895
361
..
MotiI.e
Total 1891...
Ooait-
Stock.
Total.
wwe.
839
8,698
.50
50
125
41,742
4,102
3.774
450
2.33ti
1,000
125
450
None.
500
None.
None.
None.
500
6.850
3,900
4.456
5.305
125.417
9,155
3,350
1,964
20,573
196.287
1,6.50
a
»
9«
nil
mt
n
a
Ktr
44
nn
8,744
9,775
Total 1889...
None.
300
161
1,701
2,700
450
s
i
*<
dat.
sag
513,
8%
Good
9%
91a
10»«
10^
10»3
9
'is
10',
inon Taes
5",,
6*«
7i«
7^
T't
81*
8'i6
9»|g
10',,
Sat.
Wed
If"
6I4
6H
oo^o
5i6,e
638
714
6M
7%
71s
7''8
T't
8I4
7''9
814
SI'"
>^o
2g
lO'ls
RIon Tnea
10
10
Wed
GoodOrdln.iry
Good Ordinary
V lb.
Ix)w .Middling
Middling
51s
S»i
60g
7'l8
519
b\
6Sg
7'18
CLOSED.
51s
5^
5^
6is«
6°8
71i8
7'u
6°8
771.
SALM OF SPOT AHD
Ex-
Sig
port.
"nn
2,376
191
tlrni
TMSday.. Quiet
407
ad-day. Smadv
Thursday Finn
The Sales
150
651
2
"*
«
^j
s
oo»q
2
"^
:
OP
tei
2
to
Oir
o»
0000
^
opap
5
oocD
5
MO
2
66
to
0000
ooto
,^
OOC^
QOQD
5
0000
OpoDOQO
to
OLX)
to
000
-i
2
0000
coto
0,00
toto
».";
1
-to
»*-co''
aP:
I
OOODOCD
to
OOQOOOO
2
XOD
oboo^OD
4-ZJf
CO
-J-1
<
£
tf to
*.*:
a
I
5
oO<o
to to
^00
OXfi
2
WO
2
0>3"'"'
CDOOOCO
00 00O<3)
66
^
ooto
*.«':
».*•:
I
00
CO
5
0000
>l^
2
2
opoo
5
tOM
3
atoi-''
».=>:
w
tO^
to
^
»oo
5
"*
QOi**.
I
ODODOOO
i^tO^tO
'-'to
cnooo
,
».t*:
to
0000
2
CtO
«
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OOGDOOO
co:o® CO
ifrM
o
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^cj
66*6CO
*.»*:
I
OD-4
Oh^"- 6- = - :.«<=O to^ M <io 0>
Mr-
2
».*:
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CO
OOODOQO
MOD
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ooooooo
I
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0000
toto
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2
COQOOCO
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too^to
^^
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coto
a
vlQDC<l
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ar:
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tote^ti
u
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00 -J
616
•
tcoo
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-sl-10-^
obob®co
to
2
»?>;
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2
-g jilO'^
to
OOQOOCp
00
OOXOQO
to,-o'^io
-4to
c;*
tO'^
*i
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coto
<
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"^
0000
5
to to
2
5
opx
OS J) to
O
oocoooo
oto® to
to
(X>
a
*-co
ODOO
COCO
xop
5
2
a
COCO
a
"<
,^co
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».»:
1
10
Gpooooo
c;,d,®tfi
<)^
a:
a
oooocoo
tflrfl^i**-
fiop^^co
„lrfl.®tfk
^tO
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XX
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to
opop
^
COS
2
rf^rf*-
1
*JOS
a.*-:
91
I
«1
i en
O,
opop
J
I
coco^co
XX
5
&*.
2
"^
ar:
I
a.K;
I
a
CJ,
CO
xto
05
IX.(XI
5
I
CJ,
oio
2
tcx
03
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a
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:
I
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^a
tox
CO
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X-.J
ao5
a."
I
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CO
xop
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«
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xxcx
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Qtob
'I
e'«i:
I
I
I
a.-:
-1^
-4 95
I
I
CO
XXCX
»r
00*00
xto
I
:
'
;
XX 5
66 2
I
en
CO
oi
t»
•>
:
otob
"^
a.":
«
•-J-I
-JO
1
05
X
xxcx
xxox
xxox
-0*jO.j
xxcx
-1
2
<1
a:
"1
a><>
a.>«:
I
X^
en
'
XX
a«
*r:
2
"
^O
c;i CJ,
I
CJtci.^O,
O^
QpXOX
®
5
XXOX xxox
®
to
•
to
XX
cJ- cj'
a
I
xto
xcpcoc
cta>
<?'
I
CO
too
X
o
xxox xxcx
xaox
®
I
(»
ar:
ooopoop
to
o
J
coco
o
CO
00x000 xxox 00x000
05O
I
a.";
I
I
I
I
«:
s
I
:
I
41
I
1
I
5I4
5'9
6:^
7.,,
Sal ft of
Futures.
39.00S
8U,600
41,7
71,ftoO
1,049
150
800
74.200
73.800
HS.iOO
4,973
443.800
•
I
Includes
I
I
I
d: r
I
«:
1:
I
11:
in September. 1890. for SeptBmbfr. 228.300; Septem
JejVjctober, forOotobpr. .349.300; Septemher-Noveiulier. for November,
882,701'; September-Decemiier, for Dceemiier. !)47,JOi,: SepteraberJanaary, for January, z.26 1.8OO; September Kebriinry. for Feliruary.
1,S89,10<; Soptember-Marcli. for MurcU. /.i47.6t>(i: Septomber-AprUfor April. 1.5 l-Z,4'ii; 8epteiul)er-M.iy. for M^v. l."<oo.s*.i ,;
September,
June, for June, l,610,30o; September-July, for July, 1.552,800.
sale.s
The following exchanges have been made during the week:
•10 pd.to exch. 700 Aug. for Sept.
•20 pd. to e.^oli. 100 Nov for Jan.
•lOiMLtoexch. 30tNov. for Dee.
•12 pd. to e.vcb. 400 Aug. tor Sept.
|
|
|
-20 pd. to exch. I'll) Nov. for Jan.
10 pd. to eich. 100 Dec. for Jan.
30 pd. to excti. 2 00 Oct. for Jan.
|
The Visible Supply of Cotton to-night, as made up by cabl e
and telegraph,
is as follows.
The Continental stocks, as well as
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
Prices of Fotcees are shown by the figures for to-night
(Aug. 7); we add the item of exports from
149
149' 4,824
a.nd
'.'.'.'.
1,049
Friday... Steady at >9 adv.
ToM...
2,376
191
I
trX
TBANSIT.
Oon- Spec- Trantump. uVfn sit. Total.
ij'9
1U,«
Tl>.
5i«
54i
\V
o
»«:
I
oo
^^
I
IIAKKKT AND SALES.
POT MABKST
(oi*Qb
OOOOPCD
I
Strict
<ix
ttO
u
oe(»
«5";
»J~JP-J
w
M--
8
8=8
8»,«
95lB
9'lie
lO'i,
814
8.,«
9'i«
9»is
10';«
101*,.
8'l8
9»ie
9»i«
5
2
Qcao
1018
lOSe
5H,«
7I11
»I
00 00000
O
<
0000
CO
6,^
Fri
7%
*
oto
8i«
8 '8
Tta.
7ie
719
H>">l«i 101*,, 10i(,«
STAINED.
7
8
8!k
918
8%
8%
77.,
*2
—< GCQO
~1»4
l>
7»,«
7',
»3
-i^o-i
-i»j
5i»u
6i»u
6'iu
IOI3
'.'
10
^
2
»»:
I
5«a
713,,
8
9»9
5l»i6
6I4
7I8
7i«
7'»
8I4
8'18
9'l6
.!
6'li,
7li«
77,,
lOH
.Middling
Middling Fair
Fair
5 »u
10
.......
-
2
»r
Pr<
538
5'>i«
10
Ordinary
'.'
538
10
fl lb.
Middllne
Good MiddliuK
Wed Tb.
10
MIddlinif
Strict Low .MlddlluK
Strict
7.3,.
8%
9>«
Ordinary
Btnct Ordinary
Low
538
5l»,f
6ji,e
10
Sat.
GoodOrdiuary
5S8
5i3,e
6ii,e
7ll6
713
8
GULF.
Strict (iood
nion Toe*
7'i«
Good Mlddliue
Middling Fair
Fair
00a
»i<i
osoj
SB
—
Strict
r^oDori
'to
—
Gooil .Mid.llinir
tic
E,
00.5
00 *
toco
—
V lb.
ffOD
SOODgB
oomB
oopfl
^
i,973 bales, including 149 for export, 4,824 for consumption,
for speculation, and
in transit. Of the above
bales
were to arrive. The following are the ofiicial quotations for
day
of
the
week
aach
past
Aug^ust 1 to August 7.
UPLANDS.
§—
3:
9>
The speculation in cotton for future delivery at this market
had quite a buoyant opening for the week under review. The
market continued to feel the impulse for the rise which it received from the excessive rains and the appearance of vermin
upon the growing crop, as reported in the previous weeks, or
rather the confirmation of these reports in the Chbonccle o f
The Liverpool market was closed for the bank
last Saturday.
holidays from Friday till Wednesday, but had its influence
on Tuesday, when, under apprehensions of free tenders for
delivery on August contracts, on the reopening of that market there was a sharp decline to which better weather at the
Toese apprehensions were proved on
South contributed.
Wednesday to have been wholly wrong. The Liverpool marmarket opened at a sharp advance, to which this
ket, however,
made but a feeble response, and soon
slightly
months closing
receded, the
distant
under
excellent
weather
Tuesday,
the
reports
owing to
received from the South. On Thursday a dull and rather
weak opening was followed by a smart advance, owing to
some leading room traders ceasing to "bear" the market,
havine turned " bulls, " it was said, causing a moderate
<lemand to cover contracts and some buying for the rise.
To-day the market was nearly a repetition of that of yesterday, except that business was more active and the advance
better sustaiaed. having for its support a decided advance in
Liverpool, although weather reports were generally favorable
to the maturing crop. Cotton on the spot was moderately
active for home consumption, without quotable change in
prices, until to dayj when figures were marked up J^c,
middling uplands closing at i%c.
The total sales for forward delivery for the week are 443,800
bales. For immediate delivery the total sales foot up this week
Ordinary
Btriot Ordinary
Gtood Ordinary
Strict Good Ordinary
Low Middling
Strict Low Middling
MlddlinK
M
s
ooob
5 "go
52.950
87,3B8
6,205
14,626
'
:'S:
-4
f^
s;^
O.P5
•
iir
S:
>a
at
l2«-^
Ii-*t
«,5- «,
a.-fg
I
TOU11890...
97?l Q3?| QJJff Q^ffl
hit
S^ffBj hll
«,5^
•oS
;
1
Shipboard, not cleared—/or
Leavina
Aug. 7 at—
189
following comprehensive table:
....
....
tfae
United States, including in
it
the exports of Friday only.
—
:
,
..
:
THE CHRONICLR
ISO
Quotations for Middltng Cotton at Other Markets.—
Below we give closing quotations of middling cotton at South*
ern and other principal cotton markets for each day of the week t
1891.
1890.
997,000
19.000
713.000
- 0-000
1889.
621.000
20,000
1888.
491,000
18,000
Total Great Britain stock. 1,016,000
Btock at Hamburg
„1'I22
81,000
Btock at Bremen
22.000
Btockat Amsterdam
300
Btock at Rotterdam
9,000
Btock at Antwerp
213,000
Btock at Havre
10,000
Btock at Marseilles
93,000
Btockat Barcelona
10,000
BtockatG.^jJ
41,000
Btock »tT-i=ste
733,000
4,100
38,000
6,000
644,000
3,500
30,200
8,000
509,000
200
300
6,000
137,000
4,000
56,000
4,000
3,000
15,000
85,000
5,000
55,000
7,000
4,000
300
600
120,000
3,000
51,000
7,000
11,000
Savannah
213,000
211,6t0
Boston
r^
Baltimore...
8
8>a
7=8
hales.
Btock at Liverpool
Btockat London
-
[Vol. LIU.
238,600
400,000
Total Continental stocks
991,600
111,000
26,000
7,000
59,155
Total European stocks.. .. 1,506,000
46,000
Indlacotton alloatforEurope.
29,000
Amer.cotfii afloat for Europe.
10.000
EKypt,Brazil,&c.,aUtforE'r'pe
Btock In United Stotes porta.. 216,860
53,026
towns..
interior
in
S.
Stock
U.
641
United States exports to-day.
5,854
1,3S3
857,000
46,000
23,000
6,000
102,011
7,3S0
1,919
3,600
37,100
8,000
750,600
60,000
3S,000
13,000
168,ai7
19,751
1,155
1,861,527 1,201,997 1,043,313 1,050,323
Total visible supply
Of theabove.thetotalsof American and other descriptionsareas/ollows:
Ameruan —
368,000
161,000
26,000
59,155
1,390,527
222,000
19,000
174.000
46,000
10,000
afloat for Europe...
United States stock
UoitedStatesiuteriorstocks..
United States exports to-day.
Total American
Xatt Indian, BraziC, tCc—
Liverpool stock
London stock
Continental stocks
India afloat for Europe
Egypt, Brazil, &c., afloat
Total East India, &c
Total American
378,000
112,000
23,000
102.014
7,380
334,000
133,000
3^,000
168.317
19,731
1,919
1,155
621,397
624,313
691,223
343,000
20.000
97,600
111,000
7,000
216,000
20,000
101,000
46,000
6,000
157,000
18,000
5,854
1,388
471.000
1,390,527
Total visible supply
Price Mid. Upl., Liverpool
Price Mid. Upl., New York
580.600
621,397
419,000
621,313
60,000
13,000
336,600
691,223
7%
7%
7^
Orleans
Mobjle
.
Charleston.
PWladelpUia
Augusta.. ..
Memphis
8t Louis
—
Cincinnati
Louisville.
7l',6
77b
7'3
7=8
7»9
Thurs.
Fri.
734
7 '8
7%
7^8
7%
7^
1\
I^'
8
8J3
..
r^
?'
8
8
8
Sia
7=8
81a
7»8
7^
7^
7%
!;:•'
814
7''n8
8I4
8>4
8I4
r«
8
8>a
7%
75.
7;3l8
81a
8I4
I
,.
7
714
73j
.
|
Columbus, Miss
Eufaula
I
Nashville
I
Natchez
7nie
i
Newberry
Raleigh
71*
Selma
'7i«
Shreveport
714
Receipts From the Plantations.— The following table
Indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports.
5ii,.(i.
SVk at
JUceivtt ot the PorU.
TTeek
Mnixnt—
1889.
1890.
1889.
1800.
1891,
97,302
3....
2,1-7
2,2S1
13.123
18,05<i
10....
8.130
1,077
12,683
17.
..
1,932
2,692
8,907
11,172
17,632
16,101
10,853
12,621
IM....
1889.
1,710
3,531
8.902
9,667
9,819
31....
911
2,598
7....
1.010
1.419
7,330
6.860
9,138
7.818
7,430
6.7S9
62,610
57,656
1,
the plantations since September
1889-90
were
1890.
1891.
84
619
',801
124
612
7,104
412
112
749
213
772
3»
88,185
81,117
87,578
The above statement shows:
2.
Interior Tmons. Rtc'ptt from Planf'n*.
1891.
2.262
l,99d
—That the total receipts from
1,
1890, are 6,951,739 bales; in
were 5,501,504 bales.
5,79.5,353 bales; in 1888-89
—That, although the receipts at the outports the past week
bales, the actual movement from plantations was
only 1,996 bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from tlie plantations
(or the same week were 772 bales and for 1889 they were
were 6,850
—
bales.
Weekly Overland. —In
consequence of the smallness of
the cotton movement, the statements of weekly overland will
be omitted uatil the beginning of the new crop year.
the takings by Southern spinners to the sam3 d ite, so as to
give substantially the amount of cotton now in sight.
O
ac:
h-;
a:
to
CO
•-•>->
uM
-o
>fk lb.
^1
;
00 :
HO?
to
tc
Oip p © o. a - M CD w 00 cc oj h- CO w to -I ^
ooiaD — oiViK! 05
/^
7=8
7>3
7'8
8
81a
7»8
1890-91.
Cfj
7ii>,e
7=.
Amount of Cotton in Sioht Aua. 7.— In the table below
we give the receipts from plantations in another form, acd
add to thom the net overland movement to Aug. 1, and also
-OF
CO ^»
7''8
7H
7I2
The closing quotations to-day (Friday) at other important
And.
6'4d.
H»it.e.
—
ta
3;
758
Southern markets were as follows:
7ia Little Rock
Atlanta
Columbus, Ga.
Montgomery .
7
U'lec.
6U,.(i.
12'4C.
corresponding date of 1889 and an increase of 810,704 bales
as compared with 1888.
AT THE Interior Towns the movement— that is the receipts
for the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1889-90 is set out in detail in the
following statement.
u o:
7iia
7'3
7\
7l'',6
SH
.
Wednes.
7%
7^
7%
7%
7=6
7'a
Wilmington.
yorfolk
porta this vireek have been
4i2d.
S'^c.
The above figures indicate an increase in the cotton in sight
to-night of (}.59,530 bales as compared with the same date
of 1890, an increase of 813,314 bales as compared with the
2.
Sew
July
"
"
"
"
22,000 bales.
»p
71I18
ON—
Tites.
1(J8,600
1,861.527 1,201,997 1,013.313 1,050,823
KS~ The imports into Continental
•
Salveston...
.
Man.
Satiir.
I
773,000
316,000
29.000
216,860
53,026
641
hales.
Liverpool stock
Cootinental stocks
American
CLOSINO QUOTATIONS FOR MIDDLINO COTTON
Week ending
August 7,
o a QD
'-DOT
c o 00 w -g cji
w^«
'J5
»o -1 ?D
o:05 *.
w«wif-torf--giX)-g(Otor
I-*
M COMtCWrf^^H-; -qtCCW:
***-'—
;
•
CO©Wt(^U< ^<ic>o*
:
H
tOW;
_tOpS
>*
AQDtOCf
OD<J
to
«j *.
ictft.to-j-Jx©roQi&.;
c—
eg toe;.
rf^
--
c *: a © §
«i-i|OMMte
*»QCiOOtOOiX
CCtOCO
;
WQD-'i—oiXi'
'
^^^©©(O 5 T:
;
:
tOCO
CCV]ic"r,T-*1_*.-,
cocTtoSr-S
«Soc;©to"
'
8,540,071 7,176,052,6,868,720 6,917,700
Weather Reports by Telegraph.— Our
C -J ^ OS «« ^ -4
W^ — 00
telegraphic
ad-
main the weather
conditions have been favorable during the week, there has
been too much rain in districts of Mississippi and Arkansas
to
a»
^
"lacV^'^Vw
03
00
-J Oipo
.i«*
cia-JOfcccM
ot
^<ltC'Crfkb5^-JCiicxaoc;<
Cfl
1887-88
Northern spinners' takings to
August 7
1,984,211 1,751,439 1,714,297 1,750,807
* Decrease from September I.
It will be .seen by the above that the increase in amount in
sight tonight, compared with last year is 1,364,019 bales, the
excess as compared with 1888-89 is 1,671,351 bales and tue gain
over 1887-88 reaches 1,622,311 bales.
vices this evening indicate that while in the
-J
1888-89.
Tot.receipts from plantat'us 6,951,739 5,795.352 5,501,504 5.504.066
Net overland to August 1
1,030,332 887,7001 891,216 978,694
South'n consumpi'u to Aug. 1
558,000 493,000 476,000 43j,00O
Total in sight August 7
•^it-MOUCC©*!
1889-90.
Receipts at the ports to Aug.7 6,907,696 5,801,007 5,509,031 5,507,511
Interior stocks on Aug. 7 in
excess of September 1
41,0431
*5,655|
*7,527
*3,ir
Ilk
00 tffc *.
at some points on the Atlantic.
Worms are reported in
northeast Texas, but no damage has been done as yet.
Galveston, Texas. It has been showery on one day of the
week, the rainfall reaching seven hundredths of an inch. The
and
a o c o'o oi'c;' wo o. od'
lUttaoiotocsciwc-ciic
—
thermometer has averaged 83, ranging from 76 to 90.
Palestine, Texas.—Coiton looks promising. There has been
very beneficial rain on one day of the week, to the extent of
fifty-seven hundredths of an inch.
^'^t^Oi^^
The thermometer has
CO
ICMtOlU CO'
fanged from 66 to 96, averaging 81.
* Louisville Hgures "net" In both
years,
» Last year's flsrures are for Griffin.
Huntsville, Tara*.— Cotton is excellent. We have had rain
1 This year's figures estimated.
on one day of the week, the precipitation reaching eighty-five
The above totals show that the old Interior stocks
have hundredths of an inch. Average thermometer 82, highest 95
decreasecZ durmg the week 4,373 bales, and
are to-night 47 i7o
bales more than at the same period last year.
The receints sT and lowest 68.
the same towns have been 2,641 bales more
Dallas, Texas.— It has rained moderately here on one day
the Wm.
week last year, and since Sept, 1 the receipts atthan
all tho uZ^
of the week, but in the country there have been heavy rains.
are 730,830 bales more than for the same time in
1889-90,
Cotton looks promising. The week's rainfall has been twentyI
.,.-5-1
\
1
I
.
Acocsr
8,
THE CHRONICLE.
189€.]
191
three hundredths of an inch. The thermometer has averaged
and the lowest 60.
have had rain
San Antonio, Texa*.— Cotton looks well.
on two days of the week, the precipitation reaching fifty eiglit
dredths of an inch. The thermometer has averaged 80, the
highest being 91 and the lowest 69. During tho month of July
We
the rainfall reached six inches and forty-one hundredths.
Charleston, South Carolina.— We have had rain on four
hundredths of an inch. The thermometer haa averaged 84, days of tho week, the rainfall reaching twenty-nine hundredths of an inch. The thermometer has averaged 87,
ranging from 68 to \00.
Lulhig. Texas. —There has been heavy rain during tlie week ranging from 74 to to 92.
five
hundredths,
Statcburg, South Carolina.— It has rained on five days of
on two days, to the e.xtent of two inches and
greatly hi'nelitiiug cotton, which promises a good crop. The the week. Crops need more sunshine and leas rain. The
from
73
to
averaging
ranged
102,
87.
rainfall reached one inch and thirty-seven hundredths.
thermometer has
The
Columbia, Texas. We have had no rain all the week, but thermometer has ranged from 70 to 88, averaging 76-5. DurAverage
thermometer
well.
highest
is
doing
81,
ing the mouth of July the rainfall reached seven inches and
cotton
94,
twenty-five hundredths.
loweat 68.
Wilson, North Carolina.— We have had rain on four days
Cuero, Teras.— Cotton is as a rule doing well. Dry weather
has prevailed all the week. The thermometer has averaged of tho week, and the rainfall has been one mch and seventythree hundredths. Average thermometer 80, highest 88 and
85, tlio highest being 100 and the lowest 70.
Brenham, 7"«a:a*.— Beneficial rain has fallen on two days lowest 74.
The following statement we have also received by telegraph,
of the past week, the precipitation reaching seventy-one hundredths of an inch. The thermometer has averaged 84, rang- showing the height of the rivers at the points named at 8
ing from 68 to 100.
o'clock August 6, 1891, and August 7, 1890.
Belton, Texas. Dry weather has prevailed here all* the
week, but there have been good rains in the country. The
Attg. 6, '91. Aug. 7, '00.
thermometer has ranged from 72 to 104, averaging 89.
Ftet.
Fetl.
4-3
Weatherford, Texas. It has rained heavily on one day of the New Orleans
Above low- water mark
4-3
11-3
Above low- water mark.
9-9
week, the rainfall reaching two inches. Cotton looks promis- Uemphia
Naalirllle
Above
8-4
low- water mark.
3-7
Worms are reported in a few localities eastward from Shreveport
ing.
Above low-water mark.
6S
10
Average thermometer 82, high- VIcksburK
here, but doing no damage.
Abo ve low- water mark
20-0
12-2
est 98 and lowest 66.
IKDIA Cotton Moveiment from all Forts.— The receipts
Nete Orleans, Louisiana. —The week's rainfall has been
seventy-four hundredths of an inch, on three days. The ther- and shipments of cotton at Bombay have been as follows for
he week and year, bringing the figures down to Aug ust 6.
momoter has averaged 82.
Shreveport, Louisiana.— Thote has been rain on two days
BOHBXT RECEIPTS AKD SHIPMENTS FOS FOUB TBASS.
during the week, to the extent of ninety-four hundredths of an
Shipments thia week.
Shipments since Jan. 1.
Seceipts.
inch. The thermometer has averaged 81, the highest being
94 and the lowest 68. Rainfall for July two inches and fifty- Tear Oreal Conti- _ , ,
Oreat
This
ContiSince
"<"«'.
Total.
Brifn. nent.
Britain] nent.
Week. Jan. 1,
seven hundredths.
Columbus, Mississippi. Rain has fallen on three days of
6.000 6,000' 96.000|874.000 970.000 n. 000 1.771,000
l891
the week, to the extent of three inches and fifty-six hund- l890
7.000 7.000! 335.000; 101 dOOO 1.351.000 5,000] 1.853,000
redths. The thermometer has averaged 77, ranging from 64 i889 1,000 7.000 8.000; 356.000 827.000 1,183.000 8.000 1.680.000
1.000 209,O00l598.00O 807,000 4.00011,269,000
to 90. The rainfall during the month of July has been six- l889 1,000
teen inches and thirty-nine hundredths.
According to the foregoing, Bombay appears to show
Leland, Mississippi. Excessive rains have caused cotton an increase compared with last year in the week's receipts of
to shed. The week's precipitation has been two inches and 5,000 bales and a decrease in shipments of 1,000 bales, and
five hundredths. The thermometer has ranged from 66 to 90, the shipments since January 1 show a decrease of 381,000 bales.
averaging 77'7. July rainfall eleven inches and forty hun- The movement at Calcutta, Madras, and other India ports for
dredths.
«he last reported week and since the Ist of January, for two
Vicksburg, Mississippi. During the month of July the years, has been as follows.
"Other ports" cover Ceylon,
rainfall reached four inches and fifty-four hundredths.
Tuticorin. Kurrachee and Coconada.
Clarksdide, Mississippi. During the month of July the
precipitation reached eight inches and twenty-eight" hunShipments for the week.
Shipments nnet January 1.
79, the highest heing 98
—
—
—
|
—
—
—
—
•dredths.
—
—
Meridian, Mississippi. Telegram not received.
Little Rock, Arkansas. Telegram not received.
Helena, Arkansas.— It has rained heavily on three days of
the week, the rainfall reaching three inches and sixteen hundreds. The thermometer has ranged from 64 to 90, averaging
76.
July rainfall seven inches and sixty-nine hundredths.
Memphis, Tennessee. We had showers on three days in the
«arly part of the week, followed by cool cloudy weather. It
is now clear and hot. The recent rains did more good than
harm. The crop is late but the outlook favoratile. The
"week's precipitation has been ninety hundredths of an inch.
Average thermometer 77, highest 87 and lowest 64. During
the month of July the rainfall reached six inches and six
hundredths on fourteen days.
Nashville, Tennessee.— It has rained moderately on three
•days during the week, the precipitation reaching eighty-three
liunclredths of an inch. The thermometer has averaged 74,
the highest being 88 and the lowest 61.
During July tho
rainfall reached one inch and forty-nini- hundredths.
Mobile, Alabama. The crop condition is about the same as
last week.
We have had rain on seven days of the week, the
precipitation reaching one inch and eighty-eight huniiredths.
The thermometer has averaged 80, ranging from 71 to 92.
The rainfall during the month of July reached five inches
and fifiy-seven hundredths.
Montgomery, Alabama. We have had rain on two days of
the ween, the rainfall reaching nine hundredths of an inch.
The thermometer has ranged from 68 to 92, averaging 80.
July rainfall four inches and thirty-seven hundredths.
Selma, Alabama. — ihe first bale of new cotton was received
on Thursday. There has been lain on three days of the week,
to the extent of one inch and twenty-five hundredths.
Average therm. )met«'r 80, highest 90, lowest 73.
Aubui n. Alabama.— July rainfall three inches and fortytwo hundredths.
Madison, Ftonda.—Telegram not received.
Columbua, Georgia.— Thete has been rain on two davs during the week, the rainfall reaching sixty-one hundredths of
an inch. It is claimed that the crop haa been injured by the
excessive rains. The thermometer has ranged from 73 to 87,
averaging 80. July rainfall five inches and sixty-one hun-
—
dredths.
—
Savannah, Georgia. Three bales of new cotton have l)een
received this week.
have had rain on four d^yi of the
week, the rainfall reaching one inch and tbiny-two hundredths. Average thermometer 82, highest 94 and lowest 70.
Rainfall for July nine inches and seventy hundredths.
Auuusta. Georgia. The weather has Ix-en warm, and un<ler
Its influence cotton has improved.
hare had rain on live
days during the week, the pieeipititioa reaching sixteen hun-
We
—
We
Oreat
Britain.
Total.
Oalontta1891
Continent.
Total.
18.000
24,000
45.000
100,000
63,000
124,000
3,606
5,000
18,000
3,000
6,000
8,000
22,000
1890
Kadras1891
1890
s.ooo
1891
1890
1.000
3,000
i',6o6
1,000
4.000
16.000
49.000
23,000
34.000
39,000
83,000
1.000
6,000
i',006
1,000
7.000
39.000
89,000
71.000
140,000
110.000
229.000
AU othersTotal all-
1891
1890
The above totals for the week show that the movement from
the ports other than Bombay is 6,000 bales less than the same
week last year. For the whole of India, therefore, the total
shipments since January 1, 1891, and for the corresponding
periods of the two previous years, are as follows:
EXPOBTS TO EUROPE FROM ALL INDIA.
—
—
Continent.
(treat
Britain.
1890.
1891.
1889.
Shipments
to all
Europe
This
week.
from —
Bombay
All other porta.
Total
Since
Jan.
1.
This
week.
Since
Jan.
1.
This
wrek.
Since
Jan. 1
970.000
110.000
7,000 1.351.000
7,000 229.000
8,000 1,183,000
6,000 156,000
7.000 1,030.000
14,000 1,580,000
14.000 1,339,000
6.000
1,000
—
Alexandria Recbipts and Shipments. Through arrangements we have made with Messrs. Davies, Benacni & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
corre.sponding week of the previous two years.
Aleianriria, Egypt,
August
1890-91.
5.
1889-90.
1888-89.
Receipts (cantars-)
This week
Since Sept.
3.I63.606
2,706^600
This
Since
week. Sept. I.
This
Sitice
week. Sept. 1.
This
Since
week. Sept. 1.
1.000 279.0O0
1,000 250.000
1.000 265.000
1.000 158.000
i'.boo
2.000 529,000
2,0U0| 423,000
l,00ol386,000
4.018'.6o6
1.
Exports (bales)—
To Liverpool
To Continent
Total Europe
•
a
oantar Is 98 pounds.
227.000
159,000
^ _^
This statement shows that the receipts for the week endinS
Aug. 5 were
cantars and the shipmeuts to all Europ*
8,00C bales.
«
'
nm
192
cnnoNiCLB.
LVOL. LIU,
—
prominent men in each neighhorhoid call a meeting of allth*
Manchester Market. Our report received by cable to-night more
producers and let them one and all b'nd themselves
to pay exceedfrom Mancliester states that the market is firm for both yarns ing 0(0. U begins to look to us as irthe rilfl'erencenot
between 50o. and
and shirtings. Orders are coming in more freely from the 76o. ($5 per bale) will be about all the margin to the farmer.
We
give the prices for to-day -below, and leave chose
East.
for previoiii- wee'rs of this and last year for comparison:
1890.
1X91.
8H
32» Cop.
a.
Julys 7
"10 7
Colt'n
lbs.
Mid.
UpMs
Shirliime,
Twist.
d.
8.
d.
8.
d.
d.
®7*u 5 9 ^6 10
'aTSiR 5 9 96 10
4»rfl
4«i«
" 17 B'a 3713 5 9 «6 10
" 24 6% aiH 5 8ia«6 10
" 3l!6^ ®739 '5 8^196 10
Aug. 716% 9738 '5 8»aa6 10
4111
Coll'n
Twist.
d.
d.
a.
4ia
d.
8.
mii.
Vpldt
d.
a.
S'lnWSi'aS 4 ®7 3
87,898% 6 4 a)7 3
8»a «8i3i, 6 41a »7 319
®8'8
4',« 858 «8'a
i''l(l
8>4 J6s.
Shirtings.
32s Cop.
ai7
8iS8
6
5
6
6
5
87
8=8 i»8i3i
5
®7
4ia
41s
5
6',«
6I4
6»e
61I16
i
611,
—
&
New Orleans First Bale.— One bale of new cotton was
received at New Orleans, Thursday, July 30, from Schulenburg, Texas. It classed a good style of strict middling, of
good staple, and was sold at auction the day of arrival at 9J^
Last year the first bale was received at
cents per pound.
New
Orleans on Tuesday, July 29, and also came from Texas.
In 1889 the first arrival at New Orleans from Texas was o n
July 23.
New Alabama Cotton.—The first bale of new Alabama
cotton was received at Selma on Thursday, August 6. Last
year the first bale reached Montgomery on Saturday, August 2,
or four days earlier. In 1889 the flj-st arrival was at Monf
2.
MsaiPHis District
Crop
Report.—Messrs.
Porter
and
Macrae of Memphis, issued on August 1 their report for July
on cotton in the Memphis District, summarizing it as follows:
Below we lieg leave to submit you our monthlv report on the cotton
crop In the Vle.nphis Uistrioi vorth Alabama, No tu Mississippi, Ten(
ne-see. Arkansas, and Texa8. Inquiries sent out July 25; avcraae da e
of return July 28; n61 replies.
4r/ca)48«». - The weather
been Kenerally favorable throughout
the ttate, thougn tome localit es have suff-red .roiu too much rain
while others ha\ e needed it. The plant Ik rutbir smaller than last year
though It has 'ruitert better atid is in a flourishing condition. Thei e Is'
some blight, bu in only one or two instances ha- it 'esult^^dindaiuag.
the sheilillng Is unusually light ; the majority say the condition as ccimpared with last year is betier, while quite a number say thai it is the
as last year. Picking— the earliest is August JOth latest Octiiber
iBt; which . ho» 8 laluly the difference between early and ute planting
Ui»sisBipin.—'The weather has on the whole be. n favorable but
Beotions, t e Greenville district principal y, have hau too njuch'raln
caust ig bl ght and some shedding, but not enoiiga to cause nlarm
The
heavy rail b of the 28th caused some damage by the ov, flow of creek
boitoms, but dd unttdd good to the hills or uplauds. The plan's are
unusually well rrulted, aud especiiUyso In the valey district whtre
they ^ay they have the best crops on reeoid. Norf Ik, DeSoto Coontv
Is the only point that notes worms aud they saw only a few
ami no
damage. Picking In the earliest places will commeuoe August 15thlatest Ooti'ber Isi.
Tenne««ee.— This State, while It had a very late start, has made ranid
progiesj. and though small the plant is w. U bclleo aud the eailv
plantliig Is decidedly better than last year; while the 1 ite is small and
nassuffcredtosomeextent by thedry weather; will now growraoii.lv
an.i with f.ivorable Au,iu8t will make fall crop. BithsheddiuV-aud
blight are no e.l in some sectioas, but the damasels very li..ht°
the
most alarm was from drought, which has been broken bV theh'eavir
•"
rains of the past few days.
Alabama.- Tills State Is in excellent condition the weather has been
quite favorable, and lue the balance of this district the plaut avernL'ea
smaller than last year, but is bo ling heavier and la ret linm 1 * f i-iiit
belter than usual. The complaint of dnm ge from any can eisvoiv
light, ai.d the
Jorl y claim betier crops than last year. Worms are
noted at L^ngston
Tezoi.-This state has decided'y the best prospects it has ever had
for
a. large crop
th. ugh ab ,ut ten days later tl.an last year
.he plant is
•well Iruited. aid only four corresi.ondents report any
shcd.llne Thn
weather ha- b en generally favorable, but the rains have been liarTiTi
and local, thou h the damage by droutht so far has been light ««mp
few wornisarer ported from Houston, Lull, g. Palestine and "arishTi,
each say no danmge. Ten correspondents report picking oommei ceri in
a small w,.y the average .f all put general picking 4.ugnst
InfonuatLiu In this 8,ate Is derived trom cone-p mueuts ai th-20. Our
follow
lug places: Abilene, AuHin, Beltou, Brenham, Cor-lcana. Coluu hil'
Oebuin Cuiro, Cisco, Dublin, Dallas, Denisoii, Duncauvillo tast'
hs
•
ame
August 1, we have secured returns from the various sections
of the South and present below a summary thereof by States,
It is not our purpose to draw any general conclusions from
these reports
6>',«
Savannah's First Bale. Mr. J. P. Merrihew, Superintendent of the Savannah Cotton Exchange, informs us by
telegraph that the first bale of new cotton was received at
Savannah on Thursday, August 6, from Messrs. L. Steyerman
Bro., of Thomasville, Ga., by Messrs Stubbs & Tison. It
cla.ssed middling, and was sold to Mr. Walter Curtis, of
Esteve & Co., at ten cents per pound. Last year the first bale
reached Savannah August 2, from Albany, Ga., and in 1889
the first bale was received July 34.
gomery on August
Cotton Progress During July.— For the purpose of obtaining extended information as to the progress made by the cotton plant during the month of July, and its condition on
;
1
'
;
m
;
1
:
—The plant
has made poor progress during the
about three weeks later than in l'-90. In consequence of excessive rains it has not been possible to do much
needed work and the fields are quite grassy. On the whole
the weather during the month has been unfavorab^p for
Virginia.
month and
is
cotton.
North Carolina.
— Contrasted
with a year ago the plait
is
froqj two to three weeks late, having grown very slowly Juring July. Where fields have been well cultivated the plant
looks strong and healthy, but there have been so many rainy
days that work has been delayed and there is consequently
much grass. Nights have been too cool.
South Carolina. Upland cotton has made good progress
during July, and early plantings are as forward as last year.
Late plantings, however, are from two to three weeks late.
The plant is as a rule healthy and strong, but not so weU
—
fruited as
and
in 1890,
will therefore
require
seasonable
weather and a late frost. Cultivation is not thoroiagh, owing
to an excess of rain during the last half of the montii.
In the
sea islands the progress has not been satisfactory and the crop
The plant looks strong and healthy,
is about three weeks late.
but caterjiillars are reported on one island. Rainfall has been
excessive and weather too cool.
Georgia. In most cases, and where cultivation was good,
the plant made good progress during July. In some districts,
however, grass and weeds have choked the plant, and as the
low price of cotton does not permit the hiring of extra labor
in some grassy fields the cotton has been abandoned.
The
crop averages about three weeks. During the constant rains
of the past fortnight the plant and weeds ha>ve grown rapidly,
and where the fields are clean the plant has taken on luxuriant
growth but is too tender and sappy to be called strong. Nights
have been unusually cool.
Florida. Both upland and sea island cotton has made good
progress the past month and are slightly more mature than at
the same time a year ago. The plants are generally strong
and healthy and fields are in pretty good condition considering the fact that there has been rather more rain than desirable in some sections. Altogether the outlook is better than
—
—
in 1890.
Alabama.
pared with
—Good
last
progress
year the crop
is
is
reported for July, but comnearly two weeks late. Gen-
erally the plant looks strong and healthy, but this is not true
of all districts. On the whole the fields are in a fair state of
cultivation.
The rainfall has been somewhat exc°ssive and
the thermometer rather too low at night. Caterpillars have
appeared in West Alabama, but no damage is reported,
although feared.
Mississippi.— The crop is still from one to three weeks
behind 1890, but nevertheless has made good progress during
July. Rainfall about met the wants of the plant up to the
middle of the month, but since that time has been excessive.
No damage is reported, however, and the plant is now, as a
rule, strong and healthy.
Fields are as clean as could be
expected under the circumstances. The temperature ranged
too low for a time early in the month. Caterpillars are reported in the eastern part of the State.
Louisiana.— The plant has progressed well the past month,
and is nearly, if not fully, as mature as a year ago. It is
strong and healthy, and the fields are generally well cultivated. Moisture has been about as desired, and temperature
Worms have appeared on a few plantations, but
likewise.
have thus far done no injury.
Tennessee.— The returns are quite satisfactory. Good progress is reported, although the plant is of course later by
about a week than a year ago. It is, however, strong and
healthy, and fields are in quite good condition. The rainfall
was excessive the latter part of the month in many portions
of the State, but no material damage resulted.
Arkansas.— la some districts the plant is ahead of last vear.
while in others it is behind. In any event it has made good
^nd. Elgi.!, F rt Worth, Farmers Branch, Gainsv 11^ oahe«t„," progress toward maturity during July. The condition is reHouBtpn. Hearue, Hempstea.!, Kerens, i-uling. Me«ia, Putn„m
ported to be about the same as last year at this time. The
Patl
^'""'^"' «"«"•"»". Rockwall, Tyler, Temple, Waco
s^d rainfall has been excessive the last ten days of the month,
W* a?he"r?ir'<L°
but the fields are generally quite clean- -very little complaint
The leport as a whole we think decidedly favo-able. and by
oomnari "
Bon shows a high, r standard than last year, when at tuis
of grass. Some claim that condition has been reduced by the
time
look was so fine. The plants are almost universally smaller
rain. Nights have been rather too cool, according to a fewhiitbetii;
correspondents.
^ '""'.'"' '""".,"'"' ""^^ *"?'' "PPea'auceexcepiinaiew
li'L^.r^^'-^
places,
and h.u e done no damage so far in this
Texas.—The progress made toward maturity during the
dlatilot, and in Teias
ieias it
iT
amounts to nothing vet.
month has been quite satisfactory, and the plant is now about
Unless sometning unforeseen occurs, this report indicates
a
f ill cron
on a par with last year. It is looking
and as a cohsequence prices will almost surely rule low
We tS?" eraily, but in some districts there has strong and healthy genfoieinconclusl n wish 10 0^01 oar planters' attention
been insufficient moisto
a
**
matter
"laiier
,?f
or
Vital Imoonaiice. VIZ
tb^ ir.tthAHnv nt ei.a ..»»»
T.. ^. __^"
The conditions of weather have enabled farmers to
ture.
keep the fields clean.
'
iKu
!
uai iiiin inoi |,iico isout or all prop .rflon to t
of cotton. Our Exchange has called a meeting
to devis.- so,,,.
of lemedjlng the evil, but we believe it re.ts
vTlth
tiemselvts 10 regulate the pilce, and we earnestly suggest the fa,m S
that o^ei?
_»u....,..v.a,c
low price
met od
Indian Territory.— The cro\> is ea,t\\er and better than a year
and for the month of July good progress is reported.
There has been rather too much rain of late, but fields are
atto,
quite well cultivated.
_
1
.
AnouBT
8,
THE CHBONICLP>
18S1.J
Ac—There
Jute Butts, Baooino,
demand
week
for baKK>QK the past
close to-night
A
little
light inquiry for jute butts
—The following
from Messrs. Oaddum,
dated Bombay, June 26:
is
Bythell & Co.'s cotton report,
So Iniih' aj< tho rain holds oir iip-cnuDtry, these unusually lurge Teekly
roeelptH will continues.
In tno up-country markols cotton is still
omiDK
ilay of
but this wc<>k there Is a conslileriible fullluK off as ooniparod
with the proviinis week. The weather has been cloudy during the
week, and wo liave ha<l several showers of rain, KiUKln^ A'l4 incln-i.
The intei'v:ils between the showers were fine. Crop news has siiniewliat iuipi'oved ^lnee we last wrote, its rain lia'f fallen in Bursee iind
Jul^ikum ilisitiota suntclent to admit of sowing belUK proceeded with.
AlChout;>i no appreciable rain has fallen in otiier parts of the U'lnra
and iviiaodelsli districts the weather has assumed a mere favoraole
a*peet, and there is rcasonablo expectation of getting rain shortlv.
The proioriKed drouKht has caused great distress. Food grains have
become doarer, and the soarcdcy of fodder and water have occasioned
much suffering to the cattle. No rain has yet fallen In Broarh districts.
Hhownugger and Dhoilera districts hare had some showers, but
not enough to benefit the crop In any way.
News.—The
exports of cotton from the United
Saturday itonday. Tuetday. Wtdrui. Thundfy. rrtday.
Bpot.
Market, /
1:4B P. M.J
MHUpl'ds.
Syce .&exp.
n
1:46 P. M.
Nk w York—To
Ibrket,
4 P.M.
Total balen.
Servla, 45
ilavro, per steamer
730
To
La Normandle, 375.
To Bremen, uer steamers Aller. 100
Lahn, 50
To Antwerp, per steamer Friesland, 507
To Uenoa. per steamers .AngUa, 100
Plata, 711
Nbw i)RLE\N8— I'o Livero'iol.
37,')
liiO
507
1,111
steamers American, 594....
Edglniwr, 3,193....Florldian, 2.495.... Vesta, 3,746
10,028
WoRFoLK— To X.,iverpool, per steamer Saturnina, 75
7.i
West Point—To Liverpool, per steamer Satumina, 794
794
tJo-troN—To Liverixiol, per steamers Kansas, 367
Pavonla,
241
Virginian, 679
1,287
BiLTiMORB—To Liverpool, per steamer Roismore, 872
872
To Bremen, per steamer Amerioa, 20
Weimar. 73
93
To Rotterdam, per steamer Venango, 144
144
i>er
^
16,166
particulars of these shipments, arranged in our usual
form, are as follows:
Bre-
pool. Bavre,
730
.Orleans
375
Ant- Rotterwerp. dan. aenoa.
507
1,111
men.
150
10,028
orfolk
75
791
West Point
Boston
B»ltlmore
Total.
2,873
10.028
73
794
1,287
872
93
1,287
1,109
144
4>«
4'a
12,000
1,000
10,000
1,000
asarat
Rteadf at
QnlM.
l.H4aS.«4
\
daoTlne.
sdTaae*.
Barely
steady.
atrong.
The opening, highest, lowest andclojiug pricas of futureiat
Liverpool for each dav are giveo balow. Prices are on th e
basisof Uplands, Lt w Middliag clause, unless otherwise stited
:
ry
4
The prires are given in pence and 61/A.
Tints: .4 63 meant
and 5 01 means 5 l-64<<.
(Saturday, Monday and Tuesday- August 1, 3 and 4— Holidays.)
63-64><.,
Wei., Aug. S.
Thnrs., Ans. 6.
Open High Low. aim. Open Htgk Low.
II.
A.
d.
i.
It.
425
4 26
4 26
4 31
4 23
4 23
4 24
4 21
4 21
4 25
AQK.-8«pt..
September,. 4110
8ept..0ct... 4 30
Oot.-Nov.
.
124
1S4
428 4 28
428 428
436 4 32 433
13» 4 38 4 86
4 41 138 438
4 43 4 40 411
4 46 443 4 43
4 49 446 4 46
N0T.-Dec.,. 4 38
DecJan.... 4 40
Jan.-Feb.... 4 43
reb..Mch... 4 48
Moh.- April. 41S
4 31
4 26
4 26
4 31
4 35
4 37
4 40
4 42
4 46
4 22
4 22
4 27
427
4 31
May.Juae
Fri.,
d.
i.
4 21
4 21
4 21
4 21
4 26
4 26
4 26
4 31
426
4 31
....
Loiir.
0I0».
d.
423
4 27
423
427
4 28
4 27
4 23
4 27
428 4 32 428
428 4 32 428
4 32
4 32
37
433
4S7
40
13
46
4 48
4 37
4 39
4 40
4 43
4 46
4 48
d.
435 434 4 36
4 33
4 3^
4 38
4 40
4 37
4 37
4 39
43» 430
443 4 42 442
4 42
4
4
4
4
4 46
4 44
4 45
4 47
450 4 47
4 45
7.
d.
4 60
.
Aag.
Ovm\HUi1i
C'lo».
a.
April-May,.
4 63
442
4 46
4 60
460
45S
....
BREADSTUFF S.
Total
Liver-
4>s
12,000
1,000
Irregular.
The
ew York
1
\
An^st
Liverpool, per steamers Gallia, 578 ... Nevada,
107
rtna.
doing.
\
mail returns, have reacheci
So far as the Southern ports are concerned, these
are the same exports reported by telegraph and published in
the Chronicle last Friday. With regard to New York we
to Thursday.
n
\
16,166 bales.
up
biulnus
o
Adire*.
Market,
States the past week, aa per latest
include the manifests of all vessels cleared
raIr
Oood
(•inanil,
Sales
In,
Shipping
have been us loUows:
of spot cotton,
is report<><l,
but quotations liave been maintained at l^c. for paper grades
and l^c. for bagging qualities.
East Ixdia Crop.
The tone of the Liverpool market for spot* and future* each
the week ending Aug. 7, and the daily closing prices
better
former prices. The
d^o. for 3 lbs. and O^.^c.
at S^'c. for 1?^ Iba.,
is
for standard (;rade8.
has been a
at
193
Feidat, Aug.
7,
1891.
and meal have been without decided
feature for the week under review, and prices have not undergone any important change. Values, however, are weak
and depressed. It is a struggle between holders to maintain
prices and buyers to obtain concessions. To-day holders were
The markets
for flour
firm at our revised figures below.
In the wheat market the speculation for future delivery
Below we add the clearances this week of vessels carry. ng has been less active and the tone of the market feverishly
cotton from United States ports, bringing our data down to unsettled. The bulls have relied upon the liberal export
the latest dates:
movement and the efforts to cause farmers to hold back their
IfBW ORt.E*N.<»—To Hamburg— Aug. 1— Steamer Thorlngia, 1..503.
wheat, as influences which should advance or at least supKoRFOLK—To Liverpool— Aug. 5-8teamer Guldo, 602.
Bj-iros-ro c.iv6io,i,)i-Jdly 2J-8cea[uer Venetian, 350 ...July 31port prices, while the bears have been encouraged by the
StcMuer
lythla.
...Aui?. 3-Steam.)r J*>r30nMn,
....
free receipts of the new crop, easier foreign advices and
Aug. 4— Sto^iiuer Bostoiiiati,
BiLTi«oBB— To Liverpool-July 27— Steamer Nova Scotlan,
...
better weather in the Northwest for the spring crop to deJuly 30— Steamer Barrowmore,
Philadklphia- To Liverpool— Aug. 4— Steamer British Prince,
press values or at least prevent an advance. The export purCotton freights the past week have been ai follows:
chases on Monday were about
million bushels, mainly
No. 3 red winter at |l-Ul@$l-01ii afloat, and nearly as much
Satur.
Mon.
Tues.
Fri.
Wednei. Thurt.
on Thursday, but in the meantime the price had declined to
99i>^(a99i^c.
Liverpool, steam d.
To-day the market advanced for futures on
I'm
stronger cables advising the return of bad weather in
Do late deliv'y d,\
Havre, steam
Europe. Spot wheat was quieter, but firmer at 99J^i3f 1 afloat.
21"
e.l
21*
21*
21*
21*
21«
Total
375
13,786
213
507
144
1,111
16,166
.-J
.
.
.
%
I
|
I
Do
sail
e.j
Bremen, steam. .c.
Do
"33
»S2
indirect. c.
Hamburg, steam rf.
"ss
|
Do
vialndlrect.<;.l
Amst'd'm, steam.c.
Do
Indirect, rf.
Reval, steam
Do
35<
»18
35"
35*
»1»
d.i
"tii
I
«»it
»«4t
Hi
I'm
Steamer August 25.
cable from Liverpool
t
Liverpool.— By
sales, stocks,
July 17.
Sales of the week
bales.
Of whi( h exporters took
Of which speculators took..
Sales American... ,,......
Actual export
^-.-.-
"
Forwarded
Total stock— Estimated"!
Of which Amerlonn— Es'um'd
Total Import of the
6«1
»M
lbs.
statement of the week's
week
Or which Amarloan
Amount
35'
MaydeUvery
d.\
sail
Per 100
35»
I
Barcelona,8team d.
Genoa, steam... it.'
Trieste, steam. ..(f.|
Antwerp, steam, rt.'
•
35*
DAILY CLOSING PRICKS OF NO. 2 RED WINTER WHEAT.
Thurt.
Fri.
Mon.
Toes.
Wed.
Sat.
97<S8
9-J4
9914
99
97%
93%
August delivery
c.
97Ja
9719
99
9S^
Sepiember delivery
9714
9914
0.
97%
October delivery
100
99%
0.
98'e
98^l
97''a
99'4
101
9938
Novendier delivery... .0. 99
lOO's
99
lOO"*
9973 102
lOl^g looag 100
December delivery
c.
10i>« 10333 lOI^s lOlig 101%
Januarv dellverv
0. lOm
afloat
Of which American
""'"
46,000
1,900
1.200
41,000
7.000
we have the following
&o., at that port:
July 24.
July 31.
36.000
42,000
1,400
2,90j
1.200
1,600
30,000
36,000
7,000
3,000
."14,000
44,000
45,(100
1,071,000 1,045,000 1,024,000
846,000,
23,0001
824,Oii0
24,000!
12,000
48,000
19,000
38,000
so.oool
23,000l
797,000
Aug.
7.
42.000
loo
1,100
3S.0I10
4,1100
3l).(W0
997.000
77.). 000
28.0001
13.000;
17,0 lO
13,(100
40,000
35,000
20,000
30,000l
104=8
106%
lOe^s
105>4
lOi'g
loSSs
Indian com was firm early in the week from scarcity, but
the dulness of trade (export business having wholly ceased)
caused depression. To day there was no decided change, but
an early decline was recovered, and the close was at the best
figures of the day, with the soeculation more active and the
regular trade very dull.
White corn is still scarce and
brought 81c. for early arrival.
DAU.T CLOSING PRICES OF NO. 2 MIXED CORN.
Thurs. Fri.
*ed.
Mon.
Tues.
Sol.
Anrast delivery
September delivery
October delivery
0.
o.
0.
o.
OctdeUvery
o.
67%
65'«
63»8
55>«
esss
BdHi
640?
6819
66>«
6419
5714
67>«
63'9
33%
33%
83%
67ifl
67''e
e5ie
63i«
65^
«3>«
56
56
57
57
December delivery
Oats were greatly depressed by the free deliveries of the
new crop, and the range for white grades was widened by
the sale of some of very poor quality. But to- day there wai
generally a better market, owing to |the cleaning up of the
poor stock.
DAILT ObOSINO PRICES OP HO. 2 MIXED OATS.
Fri.
Wed. Thurs.
Tues.
Mon.
Sat.
34
34
33 >«
33%
34 V»
August delivery
0. 33
Sa's
33M
33
33
0. 32i8
Beptembor deUvery
33Jj
SS-a
33%
—
«
THE CHRONICLE.
194
with
Rye has been active and prices show some advance,
export at
recent sales of 80,000 bushels to arrive for
83@83!^c.. c. f. i.
,
,.
t a
u
The following are closing quotations for wheat nour
slightly be,o"
barrels. (Corresponding grades in sacks sell
these figures):
FLOUR.
$» 90®$5 20
00»$3 60 Patent, winter
Fine
V 1)M. $SS.'iOa)
6 i
3 75 City 8lilppin>.', extras. 5 00
Suporflne
4 75® 4 9o
smieiUne..
flour,
Eve
RO®
10
4
3
Kxtra, No. 2 ...
ll>
4
75®
3
pine
395a>455
Extra.No.l
4 ii.^® 4 70 Corn me.)l—
dears
f:<^
3
30®
3
Western, Ac
4 60<i 5 00
Btraiehts
® 3 85
Brandywine
5 OU <* 5 30
•
•>
.5
Patent, spring.
Vheat—
c.
o.
Sprind, perbneh...! 00
»1 )0
9-^
®ro5
Com, per bush.—
1
West'n mixed
W'n mix. No 2....
WeRt'u yellow
Wei-tetu whltB
Red winter No. 2.. 98«i®l 00
Kert winter
-
Western, per buslj.
®
®
®
®
82
R4
85
State, '^-ro wed
State, 6-rowed
41
a
4I'4®
44 ®
yard and wide sheetings were in comparately moderate
supply. Denims and cottonades were in fair demand by cutters, and there was a moderate demand for blue goods for
export. Tickings were ii improved request, but Southern
Diaids ruli d slow and in full supply. In other colored cottons,
co'ton flannels, corset jeans and satteens, cotton linings,
white goods, &o., no new features were disclosed during the
week. The demand for fall prints was quietly steady, with
chintz and otner effects on black grounds and printed
wool eff. cts in most favor, both at first hands and in jobbing
circles. Fall style dress ginghams and imi'a'ion flannel dress
sn tings were moving free'y on account of back ord'^rs, but
new
Summer
busin* S3 wa'i restricted.
73
81
1891.
43
53
421b
4S
Ann. 1.
Stock of PtHnI Olnlht—
Held by Providence manufacturers. 48B.O00
42-f.OOO
Fall River manufaoturerd
None.
Outside speculators (est)
912,000
Total Btooh (pieces)
—There
Domestic Woolens
fabrics
were inactive
1MH9
1H90.
A>'0.
Aiig. 3.
2,
451,000
24H.OOO
9,000
143,01)0
709.»)O0
150.000
7.000
None,
has been a better attendance
market this week, and as orii^^rs
through the mails havH kept up. a more satisfactory Ousiness
of wholesale clothiers in the
THE DRY GOODS TRADE.
NEW YORK,
711*
71
Oat«—Mixed.. ¥ ba. 40
WhitH
83
No. 2 m'X'd
No. ^wUibe
90
..
9t
..
98 al 00
Canadian
usually see pane 177.
here
IW Po"- tables Hiven
State aiKl Jerst-y..
Barley M:.lt—
~
®
®
97 -8103
WWt«
69
70
72
77
[VOL. LIIl.
throughout. Print clo'hs have ruled dull all week, and although not quotably chained have an easy tendency. There
are sellers of 643C'''is at SJ^^i. all round, and in some quarters
at afraciionles6;56x608beingquotedat2>^@3 9 16c. per yard,
GRAIN.
Kye
^
;
.
In this the gro*th of tlie duplicating deheavy weight woolens and worsteds has been an
encouraging feature, s me free orders being received from
are the West and Northwest, where it is evident that an imhas been done.
mand
Friday P. M.. August 7, 1891.
characteristics of business in dry goods circles
without material change from last report. A fair age;regate
trade has transpired at first hands in staple cotton goods,
The main
fur
roved dis ribution of fall stocks is in progress. This will
help out mflnufaoturers, a id may mak-- buyer less timid in
their operations in new spring goods. This week litht-weight
brown, bleached and colored, and a steady demand of moder- woolens and worsteds, pi' ce-dyed fancies and mixtures, havi
ate proportions has been recorded for fall styles in prin s. ging- met with read'er recognition, with more doing in high"!
in lig'
hams and dress goods. Agents have been kept well employnd priced lines. Overcoatings were in qui t request
rough-face
charging up and making deliveries on acciunt of back orders, sprini weights with moderate dupli ate ord- rs for
varieties, ker-eys, etc., for fall wear. Cloakings were without
the outward movement keeping pace fully with current production in ginghams and dress g )ods certainly, and probably new feature, an lin satinets, doeskins and Kentucky jeans a
hand lo-mouth business was recorded, while flannels,
in leading makes of prints also. In Htaple cottons, in a conblankets, carpets and shawls were more active in movement
servative market such as the present the demand runs more
ih»n demand. S'lft wool and worsted dress goods and cottonexclusively on leading tickets than when buying is brisk and
general. This keeps these tickets in a fair pisition and free warp wor t^ ds were movimr readily against previous orders,
from undue pressure, but it is at the erpense of other with an indifferent current inquiry.
hut not inferior in charwMely known
lines liss
Foreign Dry Goods.— Importers have made considerable
acter, so that while one sft of agents may reasonably progress during the past week in leading lines of dress goods
set their faces against any concessions to buyers, another and men's wear worsteds and fancy suitings. Prices of these
set a^e struggling against the influence of accumulat- are steady, but at the same time comparatively moderate.
ing stocks.
On the one hand prices may justly be In novelties in silk manufactures business has been quiet,
quoted steady, but on the other buyers have generally while furnishing goods and notions have been distributed to
the best of the bargaining. There are no quotable changes an average extent. The general tone of the foreign goods
in any direction, but that concessions are being male in some, market is quietly steady.
both in brown and bleached cottons, is no secret. Prospects
Importations of Dry Goods.
continue favorable for a good fall business with the West and
importations of dry goods at this port for the week
The
Northwest before the season expires, but if the demand is
ending Aug. 6, 1891, and since Jan. 1, and the same facts
only advanced from week to week as necessities arise, it will
for the corresponding periods of last year are as follows:
be a trying time for quite a number of houses that have usually done quits a large business for future delivery befure
w
o
Tne almost entire absence of the
this time of the year.
E
Southi-rn trade is an adverse element against which the marit
Op &B
Agents here are, it must be remarked,
p
ket has to contend.
2» g:
."i I
B oT SI
making no efforts to encourage that trade. There is, indeed,
s;
:
e
f Si 6.
o
considerable distrust re.iarding Sfiuthern business conditions
.
a
I I
Si
just now which the failure of a local dealer in commercial ? 1:
:
:
o
paper with relations affecting certain Southern dry goods 9 i;
firms has accentuated. There was some itnprovement in the
M
M OW
jobbing trade during the week, a good business being reported
» cm Z^t <3 t^
iQ certain specialties in fall goods,
*^« taocotD>(^
—
03
H"
l,<0
bSCtf 1^
DOUESTIO Cotton Goods. The exports of cotton goods
W to
week
from this port for the
ending Aug. 4 were 1,279
Xi
h-COK)0>
to 10 -.0
00 x>
00 W
>-^ W * -J O iJ*
^ XtOCi —
10
to U" lO
packages, valued at |75,827, their destination oeing to tn*
<ia Mj^plOcp
"j; 10^ CI to
•3>
to'v-joobilO
points specified in the table below:
K -ICS & <i ** to »•^O^tOiGC — X O 00
wtowc;'!-'
tt>
aw
<)tooaaM
1
<
!
:
mm
•
:
I
,
.
.
*
•
•
•
•
.
:
'
:
it^ tt>^
f..
—
1
*».
1
i*i
1891.
New Tokk to
Auo.
1890.
COI-
Week. Sinet Jan.
Qreat Britain
Utber European.,
China
8
23
166
75
India
Arabia
Atrtoa
West Indies
Mexico
M
OMfc-*MlO
ma
WOi
4.
"i
266
,
23
141
,
Oentral America.,
Bontb America...
527
49
Other ooon tries..,
2,3,52
1.
Week, ainee Jan.
127
20
800
250
47
3,767
1,1S9
25,890
2,0»8
5,912
4,219
8,350
1,129
2,825
lb,h70
1.881
149,895
12,915
1,910
73,<!83
162,810
1,910
959
96,631
4,504
6,220
2,624
8,173
2,135
5.343
19,322
1.632
"id
138
iVi
314
(OMM'-'tO
i
W3J
too
O'lob'i-'^
CI
M -i W O
OOCOCOJ
I
«10
,
ccif-igua
O J) 01
-JQDU»>0>
^P
HtO^^NO
pp;^wp
,
Total
*
1,279
1,279
From Mew
icnslana
mil points
-I
some
quarters, especially
O -^ :d
cjo
.- to
*x>
top__-qwp
MtO^M
pV;-JO'Ot
to'^a&<)QD
I
U-
-
-"
Wi-'-^MOS
Oi0i'«axffi
•t
*^
a r- CD o
XtO^lO-4
M
-».
CO -J
^
M
(a
ft
30,943
where Southern
|-i|-*»-»0
or 03
QD
Mh- to
y«ptcaop
to to at 03 cn
lo'-i
CPto'-j'-DM
o*.a';D*».
'JS
"JuVooo*-
^ QQ
O)
i>
£ to
if^
J
tout
«b :o
OS
OiOOJ
I
OW**OCD
^ J« — :; W •« ?
(-0 -OtM
CO 0> 03
>^
UO
to
OOjUQOWp
cno
c — MH*
o jj a
&aocc"M
J.
she-^tiogs are
handled, the tone was not over steady. Bleached shirtiuKB
in popular makes were in fair request and steady, but a
numberof agents reported only small orders from day to day
and the attitude of these towards buyers was of a coacilia^
tory character. Low-grade bleached shirtings below Be
per
CDOi
uO'->rOCO
101,831
dlreoii
The value of the New York exports since January 1 ha\e
been t7,825,392 in 1891, against $4,173,440 in 1890.
The demand for brown sheetings and drills was of fair extent on home account, but for export buyers were again
operating sparingly. Prices are not quotably changed/but
in
to Ol
lo'-'^^^'^o
to-^
Total
* Oblna, via Vanoouver.,
it'
(DXiUtO^
cop
ai%
I
W 00 -q
03-oa:y
Wrf»>
a,tO*-HO
00
tSOD
K)tO
<!*»
w
§^0
I
0-.
c:
CO
\
ODja
I
rco^o
en CO*- to CO
--)05tU(UCO
^-Cnp c CO
biV-oco'o
Ol^rf=»'^CO
MQOpp —
'
I
<IW3SWX
CD :c j: OS en
QO
CO
(-»
4«
I
i
rfkto'roi'iD
CO ii^ CO c: o:)
CO v«
02O
C ->
OS©
1
*'CO*«>_:cw
^t^OlpH-
"^CO'-I—
oiototo'^
SiHCoceco
tOr-«tOtO
O«c.C0r-
i>*-^*oacH
g
El
@FedFRASER