Full text of Commercial and Financial Chronicle : August 9, 1890, Vol. 51, No. 1311

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

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HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES

VOL.

SATURDAY. AUGUST

61.

9.

CLEARING HOUSE RETURNS.

Weeic Endint ^ufiut S.

The following stat<>ment shows the bank clearinga for the
week ending to-day (August 9), made up according to ezplanatior.a contained inCH RONICLK of Oct. 28.
New
ii'ila

Tork

942,604,078

of—
$)iaTa.)

lOotton

iOrain

IFtroUvm
York

(11.0,600)

bu$heli.)
bbU.)

(40,647,a00)
8. 850,000)

Iloston

rrovideoce...
Hertford

Botton
PUlkdslphU.

New UaTen...

BalUmore

SprlngBeld....
worceater....

Chicago.

8t.LoaU.

New

Total

BeveD oitiee, 5 dkya
Other cltlee, 5 daje

England.

Philadelphia
PltisborK
Baltimore

Total all cities, S daya
All oltlee, 1 day

Buffalo

Washington
Syracuse
Wilmington, Del.
Rochester*
Total Middle.
Cincinnati
Mllwaiikee....
Detroit
Cleveland

Tork...

Columbus
Boston

Indianapolis...

ProTldence..

Peoria

Hartford

Orund Rapids.

New Uaren.
Sprlngfleld

Toledo"

tirurt July 26.

P.Omt.

1800.

+16-2

567,76»,310

-0-7

(687,903)
(838.500)
(37,394,575)

(-880)

+206

91,033,541
6,035,900
1,836,126
1,293,117
1,251,865
1,098,982

96,837,293
4,838,700
1,868,3V3
1.190,656

80,315,402
4.186.000
1,646,468
1,174.05*

+10-8
+18-9
+1-4
+12-8

,361,1190

l,10»,7)-9

1,080,818
1,818.310
B38.901

940,746
967,491
615,816

3:>0.511

3r>9,499

+23-3
+83-6
—10-0

l0a,489,9S8

91,241,260

~19-5

68,263,457
16,516,876
13,778,337
6.743,980
1.580,799
e«5,3«4

67,162,249
12,007,465
11,616.061
8,081,918
1,041.631
892,227
776,874

963.80A

1.

(-1-2)
(819,101)
(188,300) (+17-S
(23,575.824) (+110-6,
(8,436,0001 (-TS-g)

667 ,639,1,607

+91

-5-8
+28-2
+18-8
+lll(0
-t-49 9

-39

+34-1

1,603,866

Chicago

New

1

1

Portland
Lowell
New Bedford.

New Orleana

(809,310)

bale>.)

1,31

W44k

P. Osnt

[Stoat*

OLEA&niaB.

Hew

NO.

1890.

(4«.00O)

(-»-4)
(+12-41
(-99-1)

+1-8
+14-9
fo-s
t-22-8

+230

+9-3
+2-7
+22-7

l,094,i!95

613,039
400,939
103,646,834

+2-7

66,897,360

-^0-8

19.0:14,471

+ 21-7

13.606,094
7,715,647
1,572,830

+18-4
+150-8
+7S-1
+2-S
-1-4

698,787
918,690
l,4t 0,414

J(«,4t<9,938

96,399,348

+6-3

106,331,669

+11-1

77,735,409
10,984,350
7,005,766
«,5J8,995
4,871,771
2,857.300
1,865,766
1,673,315
711,419
1,941,441

e2,64>,262
10.796.250
6,698,118
6,121,008
3,396,633
2.397,100
2.101,308
1,382,586
589,854

+24-1

74,211,790
10,799,950
7,S8»,597
6,466,511
5,797,905

+29-0
+12-7
+7i-0

— iri

2,95-J,800
1,132„'>09

-(-20-7

1.487.351
736,701
1,477,674

114,:64.0»0

91.380.488

+21-1

110,702,119

+28-4

18,682,498
1,696,453
506,000
900,116
1,068,138
1,497,788

17,346.398
1,510.:21

+7-7

+23-8
+13-0
-28-3
+126-4

21.531,097

+1"

+25-8

+210
4-431
+19-2
+21-

+32 2
+49-1
+19-1
-l-«
+26-8
+18-8

.

Tout Middle Western

Worcester.
Portland
Lowell
Mew Bedford

3an Francisco
Portland

Los Angeles

Tacoms
Seattle*

Philadelphia.
Pittsburg
Baltimore...

Salt

Lake City*

Tottd PaclHo

601.8'<6

-t-4-0

481,696

+113-8

16,763,888
1,668,882
3a8,077
892,903
1,060,610
1,396,949

19,813,437

+8-9

19,697,261

+23-4

7,195,541
4,180,568
3,703,422
4.432,181
1,686.195
1,089,141
1,264,908
707,9«2
428,617

+41-0

8,962,174
4,889,379
4,898,014
4,704,878
5.213,115
1,015,155
1,829,684

+28-8
+10-4

-l-3-e

Washington
Kansas Citr

Columbus

Lincoln

10.143,765
4.561,142
6.299,245
4,&8H,838
4,'. 85,039
2,207,942
1,331,400
890,993
748,189
430.094
472,514

Indianapolis...

Topeka.

335,175

909,233
422,416
371,320

85,732,138

29,021,164

+231

34,602,226

+82-9

20,991,079
5,426,623
7,699,049
1.241,930
1,968,828
906,822
937,179
822,793
602,017

18,810,021
4,792,196
6,420,242
1,650,000

+29-6
+13-8

19,930,71P

+19-8
+26-9

Minneapolis
St. Paul.

Omaha

Denver
Chicago

Dulnth
Joseph

Cincinnati....

St.

Milwaukee...
Detroit

WIehlta.
Sioux Citj

Clereland.

Des Moines

Peoria

Grand Rapids.

Total Other Western.

I/OWS
New Orleans

St.

LonlsTllle...,

Memphis....

nichmond
."

lialveston
Dallas

... .;

Kort Worth
Norfolk
Lexington

Chattanooga

392,6871
680,2001

Birmingham

011.914

NashTllla*

Ontsldt
*

all

New

378,359
481,982
328,921
442,000
592,636

l."6tl,41tfl,144

all

Ontslde N.

4,942,802,891

T

The
rhe returns of exchangee

for the w«ek ending Auirust 2
exhibit a gain of $83,933,361 contrasted with the
prevfcus week

and compared with the
ot 15-7 per cent.

wwk of last year

there

is

an increase

—9-

-M99
-3-3'

-10-5
+117-5
+25-1
+19-8

6,1-20.39}
7,081,081!
l,22?,03i:

+8-3

+18-0
+15-1
+a8-a

+249
--SS'O
-

-16-8
-63-6

-8-8

34,461,921

+21-9

41,986,101

1.067.570,871

922.889,286

+15-7

884,638,510

+5-5

416,879.200

+15-3

+18-S

of sales, &c., of stocks, bonds, &c., for tho
follo-ws:

Par Value

|

40,830,159

Stven mantlu, 1889.

.Actual

Aver'ge

Par Folue

VoJtM.

Pr4c«,

or Quantity

»„<,(,,,

ToUl

I

Actual

Avtr'et

FoJtH.

Pries.

41.323,011' io,,„.,.o,. 62-a
3806,«44,7,-<5, j 23672349.4
(286,032,32.; 1289,271,146 88-5
13,688,830
(3.880,260 iaa-9

p,76l,300'

ia.4M.8a9

64-a

il.039.8301

11,381.996

us-8

93-8
... 13999706736 l-.!524743,688j 63-1
|40T9,S74,090|»8603803,903
PetTm.bbIS 106,718,000l l»»,915,390 93 1 -3c.
380,651,240 880.
Cotton, bis.
13,586,100| $761,f02.034
---,88S.576,»51-»4
tirain.bush. It66,289,118| $871,187,609
g46,7I0iS>Me.
I

Total value

-3

+187
-irs

2,600,000
610,171
1,371,403
828,483
663,619

429,202
080.800
918,908

+ 49-1

8

-8

-7-9
+76-«
+14-4
+8-8
-7-0

318,3!;8

-24-8
+31-4

.
•

J

41,993,058

.»,„, .,..
61-7
, Val.l»37ilM1450:
RR. bonds.. »2T5,948,9'80| J''2»*'^*^81
«222,594,H46' SO'l
OoT't bonds) 11,878,980
M,2<4,100 119-4
Statebonds.
13,878,700
|S,887,8S7| 59-0
Bankstooks t3,300,716
{4,194,114,130-1

Total Sovth.

-891

+ 12-*
-9

in totila.

lor Quanttti)

Total

+11-9

780,634
699,977
918,309
472,779

4-74-g

627,368
1,047,375

Sttvn montfu. 1890.

Stock) Sh's

+16-0

3»5,859,618

Our compilation
seven months is as

DttcTipUon.]

+6-1

1,490,8-85

Fork.,

Not Included

+3-4
+114-5

2,>18,567

,

Toul Southern.,.
Total

+91
+21

+-43-1

114260188,691

;

JHE CHRONIGLR

154

[Vol. LI.

The open market

rate at Paris

is

reported by cable at

and at Frankfort
3f per cent, at Berlin
market 3^ per cent.
There has been quite a flurry in the call loan
dispoOur foreign exchange market opened the week firm.
general
a
time
on
lenders
among
this week, and
The
On Tuesday $2,000,000 gold was withdrawn for export.
care.
sition to scrutinize collaterals with more
Street
That withdrawal was followed by activity in our
change came somewhat as a surprise to the
statemarket, which has shown increasing firmness
money
bank
because it followed so closely the favorable
Concurrently, foreign exchange
disposition
the week.
through
a
was
ment of last Saturday. Hence there
nominal rates were marked
and
weaken
speculative
seemed
to
to
movement
to attribute the quickened
the bankers
different drawers, all
situation
the
down
by
the
in
change
the
manipulation. No doubt
4 85 for long and 4 89 for
quoting
at the yesterday
but,
purposes,
speculative
for
was exaggerated
was wholly influenced by dearer
same time, there was a substantial basis for the short. The decline
the
money here, which brought about a reduction on.
The fact is, that although

THE FINANCIAL SITUATION.

it is

increased activity.
banks as a whole reported a surplus of 18,959,550 last
week (of which $6,585,600 was held by five of the larg-

the
er institutions), that return included only in part
only
and
Europe,
shipment
to
withdrawals of gold for
in part also some of the heaviest customs payments
80 when on Tuesday $3,000,000 more gold was
for

Thursday in the rates for actual business for both sterling and Continental and the close yesterday was weak.
Late accounts agree pretty well in saying that considerable injury has been done to the growing corn crop
by the hot, dry weather which prevailed over a large

section of the country.

shipment its loss was at once
Concurrently also had
felt in the lofth market.
sprung up quite a free demand for currency from the
West. This latter inquiry has been threatening for
some weeks, but within a few days it has set in with
considerable force and changed the character of the

withdrawn

3 per cent

Probably no State has suffered

though from Missouri,
unfavorable.
With regard to the yield of spring wheat
Some of the
the information is rather conflicting.

much damage

so

as Kansas,

Nebraska, Indiana and

Illinois the reports are also

northwestern roads, according to their managers, will
have more wheat to carry than last year, and some
aedti \^t «rTl5 before. It is not believed however that
interior movement so as to make it against this centei
With such conditions as these existing, and with i\: til <t*tt ;?»aif tH»«r production will differ much
epinion seems to be that it
ti
Treasury outflow short of anticipations, it is no wondc, ttCM k
JOt^
win be eitfeer a little gi^ater or a little less than then.
that rates have risen.
The range for the week for bankers' balances has In Minnesota last year the yield was exceptionally
been between 20 and 3 per cent, averaging about 5^ heavy, in Dakota very poor. This' year things will
per cent, renewals being made at from 5 to 6 per cent. very likely be reversed. Dakota will have a better
Banks and trust companies have also loaned on call at crop, but Minnesota one not so good. Taking the
5 and 6 per cent, the rate growing harder after the situation of the grain crops as a whole, enough is
middle of the week. For time money there is good known to warrant the statement that the three leading
inquiry, but the supply of funds is not from banks, cereals wheat, corn and oats will all show a producbut comes principally from large institutions and from tion much less than last year, when, however, the yield
foreign bankers, the latter seeking long time loans. had been unusually heavy.
On the other hand, prices
As already stated, the feature of the market has been for grain are higher, and it is admitted that there are

—

the demand for first-class collateral. The rates are 5
per cent for sixty to ninety days and 6 per cent for
For commercial
four, five, six and seven months.
paper the demand is light, very few ot the banks being
in the market, while the supply is good; the quotations
are 5^ per cent for sixty to ninety day endorsed bills
receivable, 5f @6 per cent for four months acceptances
and 6@ 7 per cent for good single names having from
four to six months to run.

Money in London has been somewhat easier, the
changed condition of affairs in Buenos Ayres having
had more or less influence. The resignation of President Celman and its acceptance by the Chamber of
Deputies and the elevation of De Carlos Pellegrini as his
successor has caused great rejoicing in Buenos Ayres,
aiid is looked upon in London as very favorable to a
new
of

order of things, to reforms in the financial methods
the
Government, and to a calmer political

on the

What

new movement will have
gold shipments from London to Buenos Ayres

situation.

effect this

—

large

supplies of last

There

is

season's i^roduction in reserve.

one crop where the prospects are very encouraging.
We refer to cotton, which barring future unfavorable developments, promises a very heavy yield.

The general
The volume

trade
of

situation

business

remains unchanged.
continues

large

for

the season of year.
We have this week prepared
our figures of bank clearings for July, and though
the amount and ratio of gain as compared with
year is not as heavy as in the months preceding,
examination shows that the result as concerris legiti-

last

mate business is really more satisfactory than appears
from the face of the statement. In the aggregate of
the clearings for all the c ities there is an increase over
year of 124 million dollars, or only 2-7 per cent.
this increase ha3 been made in the face of a heavy
falling off in stock speculation at the New York
last

But

Stock Exchange.

By excluding New York we

find

an

increase at the other cities of 195 million dollars, or
11 -2 per cent. Stock Exchange speculation during July,

is not stated.
There do not seem to have been any 1890, was at a very low ebb, the actual value of the stock
withdrawals from the Bank of England on that sales at the New York
Exchange being only 176 milaccount the past week. The Bank lost £290,000 lion dollars, against
305 million dollars in July,1889, or
bullion during the week, but it was chiefly because
of a loss of 129 million dollars. At an average of 2^ checks
an interior demand.
private cable to us states that to each tii-isaction, tliis looS of
129 million dollars
the loss was the result of imports (mostly bought
in would reprufe;it a Iosj in clearings of 332 million dollars.
the open market) to the amount of £481,000,
of In other wurds, if the clearings arising from Stock
exports, principally to the Cape, of £150,000,
'and Exchange business had been as large in 1890 as in 1889,
shipments to the interior of Great Britain of
£621,000. I we are authorized to assume that instead
an increase

A

X>i8cottnts

m

of

Loudon yesterday were 4i@4f per

?eut,

Mn

the total clearings for uU the cities of only 124

—
AcoisT

CHllONICJLK

3'7 por cent, tho actual increase
been 446 million dollars, or nearly 10 por

dollars, or

million

would

IHE

leoo.]

0,

liuvo

&

155

Erie $143,42.5, against $10.5,867

$27,865, against $17,878

the Ohio Hirer

;

tho Detroit Lansing

;

& North-

should also bo remembered that we aro com- ern $29,410, against $26,718 ; the Cleveland & Canton
paring with exceptionally heavy totals for last year, $10,165, against $11,644. The Baltimore & Ohio Southour statement of clearings then having shown no loss western for May has net of $59,112, against $39,539.
Norfolk <& AVestern fi.scal year does not end till
than 20 "7 per cent gain with New York included, and
cent.

Jt

ItonOk.

New

York. Below is our usual December 31, but the managers have this week issued a
by months, this year and last. statement of the financial results for the first six
MOSTHLT OLBARIMOS.
months to June 30. This company's gross earnings
Oltartnf OuMdt lf$u> Torh.
have been increasing in a remarkable way, but owing
a«r<n«t. ntal Att.
totheaugmeutationin expenses, tlio net latterly has not
1889.
P.Ot.
1830.
1890.
1889.
P.Ct.
been gaining proportionately.
Charges of course were
»
«
•
»
B,?i,-..81l.."t!>l
«.835.l!)7,810 +8-3 1,951.432,981' 1,755,493,935 +11-5
heavier than a year ago, and hence the fact that the
1,579,509.918 l.l7a,«83,829 +6-8

15"7 per cent without

summary

of tho clearings

I

1

1

Jamiary....
K.'.iuaiT.Maroll .....

1,10(),*I),IIU

1,074.913,819

4.588,3M.191

4,50:).5o7.78.'i

+80
+19
+81

lit quarter 14.315.1(15,379 13,403,508.450

+91
+9 2

4,818,976,2«8

5.296,363,833

+9-8 l,8ie,360.S71| 1,593,673,856 +15
5,8511.074.131 4.79l.8T6.4»a +21-6 2,037,541,369 1.714.51a.357 + 18-8
+6-8
1,873.251.302^ l.flll.ll7.832|+lll
5.031,8 JC,378 4.712,185,117

April.

4.343.058.920

4.77'>,03I,,'>38

May

company

+12-8 6,757,H«,01«

(l«aKer..'l5,rt27,9--3.»17 13,8J0,050,542

;^7,^5^.518,99^

«,7a6.40e.l4-l

4,542.803,601

JulT

1.919.30>.015^+1U'3

+9-5 U.05S.5W.87B 9.796,280,313' +130

QmoDtlu... 29.843,137,136

+2-7 1,933,338.700

1.738,li8,81o'+ll-2

We

have referred above to the value of the stock
In number, only 3,004,918 shares were sold in
sales.
July 1890, which is tho lowest monthly aggregate
reached in a very long time, and compares with 5,638,483 shares in the corresponding month last year. The
following
this

and

the record for the

is

first

seven months of

last year.

fUI.Kfl

OP STOOKR AT THK NBW YORK STOCK RXCHASOF.
1890.

able to

show a

larger balance for the stock,
is

tho more gratifymonths of 1890 is

all

six

$348,561, against $253,540 in the corresponding period

Number
of Skara.

Put.

SMmbtr

I

ACtVLOi.

6.353,019

Feb....

5.199.190

Ultroti.

4.497,653

litqr. 16,019,862 1,401,752,925

t
315.979.202
811.174.518
231.107,913

429.780,650
553.014,700
551,956,350

285,112.391
315,392,721

801.561,663 18,917,211 1,534.751,700

981,683,356

301,199,207

4.821.013

638,978.858
822.129,909

7.155.711
6,775,621

271.623,703
120,969.966

4,872.108!

6.928.998!
6.116.1051

361,178,238

1

I

6,082,477
466.455.200
JUy.... 11,052.779 1,051.139,0651
Juae... G.440,12J 518.713,025
April...

2dQr. 21,675,379

411.093.400
673.794.760
633.713.350

387.726,357

2.036,.307.290 1.2.-,5.S07.971 18.752,317 1,718,601.110 1,089,320,026

87.625,241 3,438,060,215 2,116,899,637 35,699,568 3,333,353,110
276,741.235'

2,

062,003,382

notable fact in connection

Western's development

is

the mar-

velous growth in the road's local business.

Gross earnings for the six months increased $529,595, or 21 per

Of this increase of $529,595, no less than
$506,736 came from local passengers and local freight.

cent.

The number

of local passengers increased 26 per cent,

and the tonnage of local freight increased 37 per cent.
The stock market has been weak and lower. Among
the more active stocks the heaviest declines have been
Atchison,

erally.
...

t
516.416,800
472.192.000
383,144.125

&

with the Norfolk

Pacific,

0/ Sh2.rtt\

The most

half of tho year.

1889.

FniuM.

months constituting the poorer

of 1889, the first six

in
Haitth.

Jan

is

notwithstanding that fact,
ing.
The balance for the

1

Juno
Sd

1

1,765,420.901; 1.813,799,501

Rock

Burlington

Tho

Island,

Missouri Pacific,

& Quincy and

Union

the grangers gen-

influences affecting the

market adversely

were the unfavorable crop reports, the further exports
of gold and the higher rates for money.
Lackawanna

and the coal stocks weakened on reports of a lack of
harmony among the coal-producing interests. During
the last day or two the market developed a somewhat
stronger tone, and part of the previous decline was
recovered in a

number

of cases.

New York & New

England, on speculative manipulation, closes higher
Silver bullion certificates declined
Railroad gross earnings also again furnish evidence than a week ago.
of the steady growth in the volume of trade and busi- quite sharply early in the week, but have latterly
ness.
We have deferred till next week our usual com- resumed their upward movement again.

Joly..

8,001,918:

pilation

176.583,444

5,628.183

and review of the earnings

633,591.6751

805.231,592

for July, in order

The following gives the week's movements of money to
New York banks.

to get complete results, but a preliminary total covering and from the interior by the

the roads which have already furnished returns discloses further moderate progress.
Aggregate gross
earnings (111 roads) foot up 133,270,011
against $30,711,884 in the corresponding
year, the increase being

for

1890,

month

per

cent.

We

have

returns

roads for the fourth week of July,
the gain is 10-15 per cent.
Some
returns
likewise

of

net

been

earnings
received

for
this

and

for

59

there the

very favorable

recent periods

have

The Atchison

week.

1890.

K«<:e^^!«^^»
Shif>p<d by
JV.r. Bonk.. H.r.Biinla.

«l,85a,000

QoU
T'tal (toM and

$2,558,127, or 8*33 per cent.

also

8.

last

For the same month last year, our full statement,
covering 129 roads, showed $2,459,707 increase, or
8"34

Wk]i Bndina Au<i\ut

lerrRl

tenders

91.S50.000

Net Interior
Xooement,

$2,391,000 Loss.
1.100.000 Loss.

$1,491,000

Lal.l.

$541,000
1,100,000

$1,641,000

With the Sub-Treasury operations and the gold
exports, the result
Tr«fc

£nd(n« .lu«uit

8,

is

:

1890.

Jn\o

Bankt,

Out of
Banla.

Net Oumjt <n

Bank

Holdiags.

Banks Interior Movement, as above $1.85U,000 •$3,191,000 Lo«. $1,641,000
Sab'Treas. oper. and gold exports..
Total gold and legal tenders

17,400,000

21,200,000 Loss.

6,800,000

$10,260,000 $137,691,000 Loss. $8,441,000

Bullion holdings of European banks.

presents a very fine exhibit for

June and the fiscal year
Augmt 8, 1889.
Autuet 7, 1890.
Bank! of
ending with June. The managers have declared 2J per
Onhi.
Silver.
lotal.
Total.
Gold.
Silver.
cent on the incomes for tho nine months ending June
£
£
£
£
£
20,916,318
20.622,110
20,622.110 20.916.318'
The Mobile & Ohio also submits a very flattering Sngland
30.
63,e96.<X)0 50.689,000 103.385.000 61,203,000150,192,000 101,396,000
France
14,854,333 11,663,000
exhibit for the fiscal year.
The Milwaukee & St. Paul Germany • 27.952,897: 13.976.333 11.939,000 29,708,66; 15,923,000
21,364.000
Auit.-Hung'y.
5,441,000
4,851,000 16,633,000 21,387,000
for June enlarged its net earnings, notwithstanding a Netherlands... 6,117,000| 5,368.000 10,185,000 5,538,001' ),641,000 13,079.000
loss in the gross.
The Chicago & AVest Michigan, the Nat. Belxium* 2,821,000 1,110,000 1,231,000 2,703.r .J 1,352.000 1.055.000
this week 111.062.777 87.976.333 202.039.110 116.510,01& 86.862.333 204.372.318
Kio Grande Western and the Kansas City Fort Scott Tot.
r ' )r.v w 'k.llll.63d.8U8 88,182,666 202.821.171 115.669.961 89.000,667 204,660,623

& Memphis

have suffered a reduction of their net for
the month, but the Western Now York & Pennsylvania
reports net of 183,808, against $21,913 ; the Oregon

Improvement $77,820, against $53,745

;

tho

Ohio &

Mississippi $57,866, against $50,124; the Philadelphia

• The division (lietireeu (;oM anil silver) Riven In our table of com and
bnlliou in the Bank of Oormiiny and tUo BiUik of BoUluin is ma ic from
the best esllmati we aro able to obtain; In noltlmr case Is It claliietl to
be acouratii, as those banks make no distlnotlou in tUeir -v<<elcly returns,
merely roiiortuiK the total K lid and sliver, but we boUeve the dlvislOD
we make ih a close approximation,
NoTK,— We reel ve the foregoini? result* weekly by cable, and while not
all of the date tflven at the bead of the column, th.'y are the retoma
issued ueareat to that date— that Is, the latest reiiortea Uicares.

.

paid $262,457 through the Subthe
Treasury for domestic bullion during the week, and
the
from
following
the
received
Treasurer

The Assay

Office

Assistant

Custom House.
of—

Oontitting
Dviitt.

J>aU.

Bold.

$459,995 84
11?,626 73
500,126 33
eTe.-ISS 07
513,536 68
308,696 23

Aug. 1.
"
"
"
"
"

2.
4.
5.

6.
7.

[Vol. LI.

THE CHRONICLE.

166

«273
185
273
731

765
115

V.8.
Xole:
513,900
4,250
11,950
15,600
12.800
4,700

Qold

Silter

Of -

tiflcatet.

Oertifie't.

$8,000
4,900
4,100
9,150
10,200
5.8CO

4^39,930

16,050
43,350
59,650
58,800
33,250

for this

comparison, we

deduct from the payments

above mentioned the loss in deposits noted.
We thus reach the conclusion that the amount paid
out of the Sub-Treasury in July for interest and
purchases aggregated about 19 million dollars.
one would assume
is certainly a large item, and
with such an unusual disbursement added to the

bond
That
that,

other

usual outgoes, a very important decrease in Sub-Treasury holdings of currency must have taken place. On
the contrary, it seems that all the gain there was to

commerce during July from Treasury operations was
Kevenue receipts were large, every item
$4,872,166.

$42,150 being larger than a year ago, while each item of dis»63.200'
$251,630
»2,643
»2,582.613 8S
Included in the above payments were $818 in silver bursement other than those we have mentioned was
standard dollars, and $3,223,083 in smaller than in July, 1889 ; for these and other reasons
coin, chiefly
checks drawn against gold deposited ia the Sub- which it is not necessary to detail, the changes in cash
holdings by the Government during the month just
Treasury.
TotaJ.

closed have been restricted to the

usual

TREASURY OPERATIONS AND CURRENCY
the

first of

August

forms for presenting each month the debt
As a book-keeping affair
and Treasury situation.
doubtless the new method is more regular than the one
discontinued, but as a means for conveying to the
revised

its

general public information as to the condition of the
Treasury, we cannot but think that the style in use
during the last few years is much to be preferred. It
is to be said, however, that either form will serve to
enlighten those familiar with Government finances.
Chief interest with regard to these monthly state-

is

stated.

Our

subjoined.
1890.-

July 1
August 1.
$190,232,404 $184,092,074
21,580,352
20,624,779
12,163,412
11,804,190
148,506
\ 4,766,359
4,203,261
22,540,785
23,002.008

Curreney Boldingt by Treasurer
Gold coin and bulUon
eUrer coin and buUlon
Legal tender notes
Ifel

AFLOAT.
The Treasury Department has with

summary

amount

shoeing the results

Natlon,illianlc notes in casli
National bank notes in redemption

Fractional silver in cash

Total Governm't casliln Bul)-Trea8ury.$250,015,148 $245,142,982
$4,872,166
Loss by Sub-Treasury and gain to commerce since July 1.
$2,300,000
Silver coinage during July
722,088
1,577,912
National bank notes retired during July.
. .

Gain of

currency to commerce during July

$5,594,254

The foregoing indicates that the cash held in the SubTreasury is still over 245 million dollars. In making our

comparison last month we gave similar figures for the
currency
hold- first of April, which aggregated 235i million dollars;
ments centers upon the changes in the
Have
the
banks
or,
Sub-Treasury.
in and some months previously we gave those for Februings by the
It conseother words, the channels of commerce been losing ary 1, which aggregated 231i million dollars.
or gaining money by reason of Government receipts and quently appears that notwithstanding the disbursements
disbursements, is the fact every one wants to know. have exceeded receipts in July to the amount of $4,In the July transactions, there were two large dis- 872,166, the aggregate Sub-Treasury holdings are still

—

—

bursements about which our readers have been in- nearly 10 million dollars more than they were on the
formed, and which ought, it would seem, to have left first of April and nearly 14 million dollars more than
the banks in a much better condition than when the they were on the first of February.
These results are not such as were expected to follow
We refer to the half-yearly inmonth opened.
The proclaimed larger appropriaterest payments and the increased purchases of bonds. the first of July.
According to the Treasury statement now pub- tions were looked upon as sure to let loose not only
lished,
the disbursement in July on account of current receipts, but also some portion of the Treasinterest was $7,231,535 48 ; on account of bond ury accumulations. We imagine the explanation of the
purchases and for premiums on the same there small disbursements on account of the ordinary requiremust have been paid out about $12,568,129. This ments is, that the current year's appropriation bills
latter amount is obtained by adding to the decrease have not all been passed, the appropriations of last
in the bonded debt during the month (which was $8,- year having been in such cases for the time being mere545,450 of the 4s, $1,968,200 of 4^s and $100 of the ly continued.
It was supposed however that Mr.
refunding certificates, or a total of $10,513,750) the Windom would make some movement towards letting
12,054,379 disbursed for premiums. Of course if any of out the $54,207,976, the balance of the fund on dethe redeemed bonds were a part of the holdings of the posit with the Treasurer for the redemption of naTreasury for public deposits in banks, the money paid tional bank notes, and covered into the Treasury by
out for bonds purchased would be somewhat less than Congress under a section of the silver bill.
Very
the total given above.
But according to a state- likely his non-action may be explained in a similar
ment published in another column the Government held manner ; we may presume he is waiting to see what
for deposit in banks at the close of July $29,813,000 of the call on him will be under the regular appropriabonds, against $29,713,000 at the close of June, show- tion bills.
If they are not in amount sufficient to
ing an increase during the month in this item of $100,- absorb the revenue and this item also, the probability
000 instead of a decrease ; and yet we notice from the is that he will purchase bonds, and in that manner
Treasury statement of assets and liabilities that the disburse the fund, which no doubt it was the intention

amount

of deposits held

693,106 July

1,

by depositary banks was

against $30,977,437 on August

$31,-

of Congress should be done.

In the above compilation we have added the silver
Of course these two state- coinage and the retirement of national bank notes to
ments are easily reconcilable if we asssume as the complete the changes in the currency afloat by reason
cause of the discrepancy that the totals are made up to of Treasury
operations during July.
The result of the
a different day. Using the latter as the correct figures two movements
mentioned is a balance in favor of the
loss in

July of $715,729.

1,

or a

—
Adoust

THE

9, 1890.]

of «732,OSK, whicli brings

oiitstiiiuiing circulation

the' total contributions to the

(JJIRONICLE.
up

currency through the opcralu giving the
*5,59i,25-t.

1890 are but

ceding

167

little

greater than for the

— only $94,761 greater.

fiscal

year pre-

Yet there has been no

lack of growth in gross earnings, these being $1,472,578
our readers heavier than the year before, with which increase the
will understand that the Government does not mean total of the gross is the heaviest in the whole history of
Hence the small gain in the net follows
that legal tenders have been deposited in that amount the company.
simply
from
increased
expenses, and thus the Chicago
notes,
during the month for the purpose of retiring
Northwestern
operations
reflect the same general
process
of
&
were
in
but only that bank notes which
conspicuous
in
the
case of other roads, and
tendency
so
paid
and
destroyed
and
presented
redemption have been
manifest
is
particularly
in the returns for late
that
which
however
seems
at
It
July.
in that amount in
tiona of the Treasury

to

bank notes retired in July

present banks are giving

up

were a short time since.
of the higher price_ the
the

Government bonds.

at 11,577,912,

their notes faster than they

Very

likely that

Secretary

is

is

a result

paying

for

In July $679,345 of legal

tenders appear to have been deposited for that purpose

months.
Perhaps

it

will

be urged that expenses in the late

year increased as they did, because in the year preceding the effort had been to keep them down. It

is

true that

in that year nearly'all the roads were pursuing a policy of

But scill the formation of retrenchment, forced upon them by the unfavorable
go on quite rapidly, the new conditions then existing ; but the feature of heavier
circulation taken out in the same month reaching expenses is not confined to the comparison of the last
$786,755, or about 87^ thousand dollars more than the two years, but has been in progress a good many years
past.
This is very apparent from the steady increase
deposit of legal tenders for withdrawals.
In 1886 and in
the
ratio
foregoing
that
far
in
of expenses to earnings.
the
so
from
The reader will gather
as Government receipts and disbursements affect the 1887 this ratio was respectively 57*08 per cent and

against $130,500 in June.

new banks continues

to

currency

amount has increased but very 57-26 per cent

afloat, the

and if comparison be made with the
first of February or first of April the amount outside
of Treasury vaults would show a considerable decrease.
No official can be blamed for this situation; it is simply,
as we have so often remarked, the natural working of
a vicious system, which requires the people from day to
day to look to the Government to keep them supplied
with the tools of commerce. The result of the present
investigation is that there is an abundance of these
tools, such as they are, in the Govemment^reservoir; it
is only the distributing machinery that is defective.
little

in July;

THE NORTHWEST REPORT— EFFECT OF
LOWER RATES.
Now

that there

is

a prospect of a better rate situation

in the West, not only because of the

agreement among

the Western roads, but also by reason of the rise in the
prices

of

which latter gives the producer a
makes him more willing to allow the

cereals,

larger profit and

carrier a reasonable rate for the

transportation service

rendered— now that there is this prospect, it will not
be untimely to have an illustration of the effects of the
old conditions.

The Chicago & Northwestern

report,

just issued, furnishes

some valuable material for a study
of this kind, and the report also comes down to quite a
recent period
the end of May. Of course in considering the benefits to accrue from a better rate situation,

—

in 1888 and in 1889 it had risen to
62-44 per cent and 62'38 per cent respectively; now
for 1890 it is 64*07 per cent.
We have referred above
;

1890 having been the heaviest
whole history of the company, but with the rise
in the ratio of expenses the net for 1890 is only $9,759,732, against $11,250,973 in 1887— but three years
to the gross earnings for

in the

before.

Though no doubt other causes can be found for the
augmentation in expenses, the biggest and most important factor in it is the decline in rates.
The volume
of traffic has been growing year by year almost without interruption, while rates have as steadily declined.
Even in the late year there was a further reduction of
three one-hundredths of a cent per ton per mile,
reducing it to 0'98 cent, which is certainly low, even
for a Western road, especially if we consider that it
covers a system of 4,250 miles, parts of it running
through remote sections which furnish only a very light
traffic.
The decline of three one-hundredths of a cent
per ton mile in the late year may seem insignificant,
but on the traflSc carried in 1890 it is equivalent to a
loss of revenue of $510,124.
In addition there has
been a decline in passenger rates from an average of 2 '24
cents per mile to an average of 2-17, and this involved
a further loss in revenues of $211,306 making $721,430 together. In other words, if rates in the late year
had been as high as in the year preceding the company's net earnings would have been nearly three
quarters of a million dollars greater than they proved to

—

.

not to be su-pposed that rates are to be advanced to
any very high basis; besides, the Inter-State Commerce be.
Commission has just ordered the roads to make a reThe decline in rates has been very rapid indeed. As
duction in grain rates. There will, however, be a de- recently as 1883 the average per ton per mile was almost
it is

cided advance in the case o* a number of articles and a cent and a-half (1*42 cents), the company then
commodities where for months tariffs have been on a operating 3,465 miles of road, against 4,250 miles now.
non-paying basis, and this gives a promise of much In that year the tons carried one mile was only
183
1,

better net results than have thus far been realized.
Certainly there is room for improvement in this

1890 the tonnage had risen to over 2,000
millions (2,000,182,603 tons), showing the wonderful
respect.
And no more convincing demonstration of proportions of the traffic of the system. Taking simply
the truth of the statement could be furnished than is the
changes during the last three years, we find that
afforded by an analysis of the statistics given in tlie between
1887 and 1890 the tons one mile increased from
report before us.
The Chicago & Northwestern prop- 1,754 millions to 2,000 millions, or over 14 per cent
erty has for a long time occupied a position of excepa very satisfactory ratio of growth. But in the meantime
tional strength, and is conservatively and ably managed.
the average per ton per mile has fallen over 10 per cent,

The

results disclosed, therefore, may fairly be accepted
as representative of prevailing conditions.
The first
fact that one notes with surprise is that net

earnings for

millions

;

in

from 1-10 cents to 0-98 cent, offsetting the advantages
from the growth in the volume of trafiBc. In
the same interval the average per passenger per mile
or

arising

THE CHUONICLE.

•isfe

[Vol. LI.

For
declined from 2-29 cents to 2-17 cents. If the company the property, and that is of vital concern to all.
strengthening
the
property
and
impi'oving
the
and
by
safety
passengers
high
an
average
on
had
as
could bave
the traveling public, as well
freight in 1890 as it had three years before, in 1S87, gro-s and convenience of
and net earnings both

would stand about 2^

for 1890

million dollars larger than they are.

As

this

is

the

as

the

and

the

shippers,

of

interests

circumstance

same

promoted,

are

paves

way

the

for

through the de- future reductions in rates, since improvements paid for
cline in rates, it may also be taken as a measure of out of earnings do not add to the yearly fixed charges.
In that sense it is very desirable indeed that the marwhat the public has gained.
gin
for improvements and betterments should be large.
underdifficult
to
In view of these results, it is not
stand why net earnings are not proving more satis- The Northwest, in addition to the surplus from the
The volume of traffic is growing all the operation of its own lines, also has a surplus from the
factory.

measure

what the company has

of

lost

time, and this necessitates of course an increase in

but as the business has to be done at lower
rates, profits either increase but slowly or else suffer a
positive falling off.
In other words, a very much
greater aggregate amount of traffic must be moved to
expenses

;

same amount of money

yield the

operations of the trans-Missouri lines, and has, besides,
the net income from the land department.
But all

much smaller now than a few years
the extent of the difference on the three
combined, we have prepared the following.

three of these are

as formerly, either

In the case of the Korthwest, there has
also been an increase in fixed charges during the last
few years, and the result, with the decline in net

To show

ago.

1886.

r«ir'» Surplus.

1887.

1888.

1

1889.

1880.

622,011
104,700
18,260

t
625.988
100.533
11.924

745,007

73S,443

gross or net.

earnings,

is

8
1.331,50?

Fre. BIkh.

Sioux City

that profits for the stock have been very

The dividend

greatly reduced.

rate

i Mo.

&

Viilley

Pao'.flo....

Total

has not been Not from land sales
Gra"il to'al

changed for some years (a reduction having been made
before most companies took, or were forced to take, such

Thus

»
2,01i>,272

1,309,000

1

65).«76
) 22,909
52.002 Def.16,709]

481,459
92,571
l,985.5:i7

2,319,li0

663.3S9

694.140

2.619.226

3.913.290

1,415,299
476,442'
l,'«1,711

S(>4,10S

1.139.175

1,122.150

1890 and 1889 $1,122,150 and $1,139,175
a step), but as against a surplus of 12,612,272 above respectively were available for the company's uses in
tht amount required for dividends in 1887, the surplus the way mentioned, against $1,891,741 in 1888,
In all
in the late year was only $625,986, or nearly two $3,913,290 in 1887 and $2,619,226 in 1886.
million dollars less.
It may be claimed that in 1887 these years dividends paid stockholders have been the
the year's surplus was exceptionally large, which is a same the managers would make no increase even in
fact ; but taking the last eleven years there have been 1887 when the surplus for the twelve months amounted
but two other years when the surplus was as small as to nearly four million dollars. As the whole income
for 1890, and in some of these eleven years higher of the company, over and above the usual dividends, is
thus put into the property, it is all the more to be
dividends were paid than in 1890.
The following
in

—

gives

regretted that the margin should have been so greatly

the yearly results since 1877.

reduced.
Tntereat

Averagt

Earnlitfjs,

f

Sinfc.

ProAtt.

Stock.

K't.

*

Jienlnh.

\

2,216

17.349.349

2,044

19.334.072

$
7,130.117
6.873.272
8.917.749
6.908.251

3,033

23.684.656

11.045.022

6,666,947 5,378,075

3,485

24.081 .ai4

10.009.318

5,957,70114,051,6171

8,719
3.819

25,020,624

9.879.667

23.502,056

9.708.148

6,178,930!3,700,728
45,151.1014,667,047

+3,981,348

761.288
676,699

8.891

24,279,600

10.420.374

5.604.3ft1j4.826,011

3,444,61 -4

1.381,507

4,037
4,178

26.321,315
26,687,650

11,250,973

5.194,197 0.056.776

3,444,504

2.612.272

10,026,759

5.273.156 4.753.603

3,444,604

1.309,098

4,244

25,692,259

9,664.971

3,444,604

4.2.-0

622.011

27.IB4.8'!7

l'.7.'>9

6.598.456 4.066,515
6 688.767'4,070,065

3.444.979

e2.'>.080

2,037
2,129

14.751,062
14.680,921

732

t
4.866,630 2,464,487
4,685 644 2,287,628'

1,956,034

4,837,581 4,080,188'

2,405 521

5.130,749 3,777.502

2,420,273J 1,357.229
2,580.638 2,791.437
2,890,3371 1,161,280

2,105,868

2,939,470

UiviUeudH iillmv lor a per cent on common and 7 on prclened
lnflgcalyearl878; 4on common and 7 on preferred'in 1879- stock
6 on
comniou and 7 on prcferrpd in 1880; the same In 1881; Ci^ on
and >4 on preferred In 1 8S2: 7 on common and 8 on preferred common
,

meet ordinary current require-

ments, though the system

«

I

Qro9».

Possibly the 1^ million dollars remaining

for 1890 was sufficient to

A'tt

and

Opera'

Dividends

I

lis

in IBS')

of the, Blijlr ro'ads in Iowa had the effect
of deoreastJ.V^" ""'"ri"'""
''* "^'"^'" rentals, and increasing tUepa^'eats

is a large one, comprising
with the trans-Missouri lines nearly 5,600 miles of
road.
But the falling off in surplus is only another
illustration of the effects of the repressive policy which
has been pursued towards the railroads.
Xot a single
mile of road, either east or west of the Missouri River,

was added to the JSTorthwest system during the late
though the construction of a few short branches

year,
is

now

in contemplation.

The

reason for not building

was simply that there was no inducement to build, and
in Iowa more particularly (in which State over 1,200
miles of the

been sheer

5,600 miles are located),

folly to waste

any money

it

would have

in providing

new

mileage.

iS?JllriSr
There is one other point worth referring to. The
To some it may seem that the falling off in yearly figures used above cover the fiscal year ending May 31,
Burplus is a matter of very little consequence—
As that period embraces five months of the curthat so 1890.
long as the usual dividends are paid there is
no reason rent calendar year, it will be interesting to see the
to complain; that the public at any rate
results for those five months, and we have accordingly
is very little
interested in the question.
But such a view could pro- prepared the following.
ceed
only
from superficial considerations.
The
January 1 to May 31Chica^ A Northteest.
Northwestern property, as already remarked,
is
1830.
a
1888.
1S87.
1886.
remarkably slrong one, and its managers are
I

to be con-

gratulated on

its

doing so well under

many adverse

t

Gross

con-

earnings.,..

Expenses

»

«

»

I

10.029.293

9,049,735

9.190.458;

9.633,619

8.681.151

7.015.638

6,918,213

7.043.4771

6,382 044

6.637.389

ditions.
And yet the difference between a large and
Net eAmlne:s.
a
3.131.492l_ 2.148.975^3,260,0761 8,023,762
3,013,855
email surplus is very important, not only
to the stockHere the tendency towards heavier expenses is still
holders but to the general public as well.
Under the more strikingly apparent. As compared with tlie five
policy of the management the surplus
is treated as a months of last
year net earnings are actually $117,837
sum "available for yearly improvements and
other less, though gross earnings increased nearly a million
** requirements of the company."
Hence, when the dollars. To the extent that the
rate situation has been
sarplus is small, the amount to be put
into the prop- responsible for this
change
the
outlook
for the future
erty 18 correspondingly reduced.
The improvements will be improved under the
agreement
for
the restoraare intended to add to the efficiency
and usefulness of tion of rates recently
reached.

ACOUST

0,

THE rURONlCLE.

1890.J

ITALY AND HER PRIME MI MUTER.
Some few weeks a^o wo published
an editorial which was somewhat
present Prime

Minister,

Signer Crispi was guiding
all

It

the

of

was our

of exceptional difficulty

affairs

with singular

things considered, with not a

skill

success.

little

We were the more inclined to express these views because
from a section of the newspaper press in France and
Germany he has been receiving but scant justice. It
is not long since he was virtually compelled, partly
out of regard for the welfare of Italy and partly also
out of respect for himself, to give two newspaper
representatives

them

their

passports,

to get as quickly as possible

politely

on the face of the earth. No man since Cavour has
shown Buch ability at the head of Italian aSairg and
Cavour, who was not spared to see Rome the capital o£
the new Italy which ho did so much to create, never
had precisely the same difficulties to contend with.
Crispi has been only three years at the head of affairs.
It is unreasonable to spet^ of the financial difficulties
of Italy as if they were the fruit of Crispi's policy.
Ueavy expenses were associated with the unification o£
Heavy expenses were
Italy in tho time of Cavour.
The army
associated with the occupation of Rome.
The
and navy grew during the period indicated.
events which in Africa have culminated in the protectorate of Abyssinia were in progress before Crispi came
into power. The Massowah difficulty, which threatened
to bring France and Italy into open collision, and which
;

columns

eulogistic

Signer Crispi.

belief that in circumstances

and,

in these

159

requesting

beyond the Italian

These men, for purposes best known to
and themselves, had been untruly and
persistently exposing what they called the ratten
condition of Italian finance, and connecting the same
with the policy of Crispi.
It was no part of our expectation that our views
We were not surprised,
would please every body.
therefore, to find among our letters, one from a German
source, revealing the reverse of approval, and profrontiers.

has

had a cooling

effect

upon

their relations-over since,

redounded to the honor of Crispi, and it was Goblet
who had the wrong in the
rather
than
he
Crispi's
ambition
that
not
It
was
matter.
brought about the heavy financial burdens upon
He found them when he came
the Italian people.
They came to him as an inheritance. If he
to power.
has not been able in the strained state of continental
nations to remove them, he has worked wonders while
nouncing Signor Crispi unfit for his position. And why? still bearing them, and in spite of their inconvenience.
First, because since the advent of Crispi to power,
General disarmament may yet come ; and, come in
Secondly, what form it may, it will be a relief to Italy.
Italian debentures have decreased in value.
Her
because Crispi's hostility to France has landed all splendid sea-coast will be turned to account for foreign
Italian securities in Germany.
Thirdly, because his commerce, and her large African possessions, while
ambition has led him into costly schemes, which have they will attract to them large bodies of Italian people,
imposed heavy burdens upon the people and thus will provoke Italian enterprise and feed Italian inaggravated the general financial distress. Our corres- dustry. Crispi, like other prime ministers, may find
pondent, unconsciously we think^ reveals his animus himself in circumstances where it will be best for him
by referring to the two newspaper representatives who to resign. But such circumstances do not now present
were compelled to leave Italy, and by adding " It is themselves and when they do present themselves, it
gratifying to know that his (Crispi's) days are counted, will be well for Italy if another man of equal patriotism,
not because of Dr. Windthorst, but because of his own of equal ability, and of courage as pronounced, shall be
disabilities."
found ready to take hold of the reins. Such men are
We cannot think that our correspondent has made not too common, and Italy can ill afford to be in
out a good case either against us or for himself. We weaker hands.
their employers

:

did not praise the financial condition of Italy.

;

On

the

we admitted that her financial affairs were
straitened ; and we regarded this circumstance as concontrary,

A

HEAVY GRAIN MOVEMENT AT THE
SEABOARD.

Crispi's greatest difficulties in carryThe outlook for the current season's grain crops does
ing out a vigorous home and foreign policy, which the not at the moment appear to be as flattering as it was
conditions of European politics now seem to require. a month ago, continued hot weather having undoubtIt is not difficult to maintain a vigorous attitude at the edly resulted in much injury.
If the early accounts of
head of a nation's affairs if men and money are abun- damage should be confirmed, and if the shortage should
dant.
Men are not wanting in Italy ; but money is prove to be very material, the effect in the end must
scarce, and has been scarce since the establishment of be to diminish the volume of the grain traffic.
On the
the Kingdom.
That Crispi should have been able other hand, it is known that a large part of last seaduring these last three years to uphold so energetic an son's crops (especially of corn) *is still unmarketed;
administration, to effect important domestic reforms, and the rise in the price of cereals would tend to bring
to maintain a great army and one of the greatest navies this surplus out.

stituting one of

in the world,
tions

of

respects

make

to

more

large

and valuable

acquisi-

It is

not our intention, however, to-day to discuss

Africa (acquisitions in some future results.
Our purpose is rather to direct attensplendid
than
those
Great tion to the present extent of the grain movement. As
of

territory

in

Britain or France or Germany on the same continent),
and at the same time to be a vital force in the Triple

the result of last season's excellent crops, that move-

Alliance— that Crispi should have been able to do

very large proportions.

all

ment

is

now, and has been

through the year, of
Western
evidence of this. In the
all

It is not alone at the

this in spite of a limited exchequer, argues the exist- markets, either, that we see
ence in the man of an amount of ability, pluck and East the gains are just as striking, if not more so.
daring which compels admiration. And here we would We are so accustomed to considering changes in the
repeat what we said before, that the continued success grain crops in reference to their effect on Western roads
of Crispi is the more striking when it is borne in mind and Western markets, that we are apt to overlook the
that he is handicapped with all the inconveniences of fact that the carrying interests between the Lakes and
the Vatican and the disfavor of every Roman Catholic the seaboard also get great benefits from abundant har-

Power and combination of Roman Catholic influence

vests.

A

large proportion of the products of the farm.

T

THE CHRONICLE.

160

primary market, necessarily

after going to the nearest

— to the seaboard for export or home
—and in transportation the great trunk

goes further east

consumption

its

line roads get a large traffic

Thus

it is

[Vol. LI.

At Baltimore the gain has been 15f
million bushels.
million bushels and at Philadelphia 13 million bushels,
or 28| million bushels together, and if to this we add
the gain of 3^ million bushels at Boston

and much revenue.

that the grain receipts at the seaboard the

current year have been of unusual magnitude, as would
indeed be expected from the fact that both the corn

combined

increase at the three cities

The

New

has been to change very
York's proportion of the total for the
of this

effect

New

materially

a total

only 23 million bushels at

bushels, as against

York.

we have

of over 31 million

production and the oats production in 1889 was the
We have made up from the
heaviest ever raised.

four seaboard

monthly statements furnished by the Produce Exchange
an exhibit for the first half of 1890, and as compared
with other years the expansion shown is really noteworthy. At New York the deliveries (including flour

not to receive at least one-half of the total deliveries at
the seaboard, but in 1890 it got not quite a half only
49*45 per cent, which compares with 55'33 per cent for
1889, 56-28 per cent for 1888, 53-12 per cent for 1887

counted at

and 55-93 for 1886.

equivalent in wheat) have been almost

its

cities.

It

is

a rare

thing for

New York

—

On

the other hand, Baltimore

is

up to 22-53 per cent from 17-68 per cent in 1889
they were only a little over 43 million bushels and in and 16-98 per cent in 1888, and Philadelphia is
1888 less than 38^ million bushels. Hence the improve- up to 15-68 per cent, from 9-63 and 8-90 per cent
ment as compared with last year is almost 50 per cent, respectively in 1889 and 1888. Boston's ratio has been
and as compared with two years ago it is nearly 70 per reduced, like that of New York, standing at only 13-35
65 million bushels, while in the six months of 1889

has

happened very few

times that the per cent, against 17-47 per cent and 17-84 per cent in
have been as large as this. In the two years preceding. Thus both- the northerly
fact, going back a dozen years, to 1878, we can find cities have lost, and lost very decidedly, while the
only one year, namely 1880, when the total was larger, more southerly cities have gained at their expense.
and the difference between that year and the present is
For New York and Boston combined the ratio for 1890
only about a million bushels. Here is the yearly record is only 61-80 per cent, against 72-69 per cent in 1889,
cent.

It

deliveries at

New York

since 1877.
XKCEIPT8 OF QIUIN AT

NEW YORK

BmK

Ttar.

imS

Tiar.
1S8S
1888

80,892,094

Un
mo

61,400.857

1881
1888
1888
1884

to

62,4B9,426

BS.98-^,940

|1887

53,915.894

1888

38,41»,U31

1889
1880

43,184,313

42.285.138

Coming

BluTl.

57,306.881

e2,S«1.01»
41,070,212
52.804.898

com and

FIRST 6 UONTHg.

64,805,994

tain extent

it is

the result of perfectly natural causes.

Some of the largest grain-producing sections are tributary
Baltimore and Philadelphia, rather than to New
The producers in the Ohio Valley
for instance find Baltimore and Philadelphia not only
to

York or Boston.

,

the composition of the movement,

but for Baltimore and Philadelphia the ratio is 38-20 per
cent, against 27-31 per cent.
Lest an exaggerated importance be given to this change, we will say that to a cer-

it

is

oats chiefly that have contributed to raise

it

the shortest outlet for their products, but the natural
Hence when the crop yield in those districts
Btand larger than in the six months of 1889, and yet
is unusually large, the southerly cities must inevitably
are not very heavy.
For 1890 they were about 17^
gain more than those further north.
That this is what
million^bushels, for 1889 only about 11 million, but in
has happened is strikingly shown by an examination of
all the years immediately preceding they were
above the details
of the corn receipts.
At New York the
the present total, in 1887 having been as much as
31^ arrivals of corn in the
six months of 1890 were 20,487,716
million bushels.
On the other hand, the 1890 total for
bushels, and at Boston 5,742,738 bushels, or 26,230,454
corn compares well with the best of previous years, and
bushels together.
But at Baltimore and Philadelphia
that for oats would appear to be unprecedented.
In the deliveries
were
34,349,086 bushels, or 8 million
each case the deliveries are about 20^ million bushels
bushels more than at the other two cities, which is
which is a gain, as compared with 1889, for corn
of
certainly significant.
At the whole four cities the
only three million bushels, but for oats a gain of nearly
1 1^
corn receipts were 60,579,540 bushels, which compares
million bushek.
As compared with 1888, also, the gain
with only 34,315,444 bushels in 1889 and 12,367,886
in oats is 11^ million bushels, but on corn it is
14 milbushels
in 1888.
The increase over last year is 26 million bushels, that cereal having last year made
a very
lion bushels, but of this less than three million bushels
much heavier gain than in the present year. Below
is at New York.
The following gives the total grain
are the details for a series of years.
deliveries and ratios for each of the four cities.
KINDS OF GRAIN RECEIVED AT NEW YORK.
RECEIPTS OP GRAIN AT THE SEABOARD.
January 1 to Junt
to

its

present proportions.

80.

1o«r

Com meal

1800.

The wheat and

18S9.

1888.

1887.

bbli.

«,071.7»1

2374.753

2,676.543

bbU.

85,025
238,880

78,66t

80,457

ConiaMl

ucki

WkMt.i

buh.

Cora

bni

0«»

bn

*»*tn
Br»

bai

1.988.890

bni

F«M

bni

816,133
329,814

0(10.350

JiiK-

99,000

boi

2.29e,8»

1.828,588

2,323,044

Total gnua

I1owr«4nc«4

Mm]
.

buh.
to

rodnctd to

Of»ad

total

—

flour receipts

5,7o»,e66) 1,7SS.3M

20.487,718 17,(84.927
20,512,100 9,075,700

217,028

market.

1890.

Bath.

207,520

New York

5,276,220 19,341,818 10 808
406
8,409,580 8,551,878 18
:52'Ma

Ptalladel.

1329.809

1,500,882

Total

842.864

70,887

52,197,746 33,083.435124,727,892

bstb. 11,770.028 9.Si8.0B8 12,088387
887.3K
797380
T48.S52

——

..baob. 84305.904

4yi84318JM12^e31M^91939t
^^^:r:ji:r?^xii~^f»i)w.

in the grain

Bu$Tl.

1888.

P.C.

Buth.

1887.

P.C.

Buill.

P.C.

38.412.831 56-28

53,915.894 53' 12

22-6S
15-88

43,184,313 55-22
13,660,808 17-47
13,8.15,191 17-68
7,532,128 9-68

12,173,372 17-81
11,593,738 16-98
6,074,476 8-90

15,730,738 15-50
19,182,850 19-20

131,086,608.100-0

78.202,640 100-0

88,854,515 100-(

12,365,185 12-18

101,494,865 lOO-O

Aggregate grain deliveries of all kinds at the four
ports in the six months of 1890, are by this
table shown
to have been 131 million bushels, against
78 million
bushels in 1889 and 68 million bushels in 1888.
The
increase of 53 million bushels over the
year preceding

bttih.

Large though the gam

49-45
12-35

Boston ..
BalUm're

9,047,390

1880.

P.C

receipts

2,499,428
2,499,426

alN^

would represent an increased tonnage to the transportation interests, rail and water (taking
a fair figure for
the average weight per bushel) of
delphia and Baltimore, both of
tons.
1,300,000
which have more than
Assuming that the whole of this came from points as
doubled their toUl of the year

York has been, the

increase at the other seaboard
cities
has been even larger.
This is especially true of
Phila.

preceding.

aehverieBatNewYork,we have

The

seen, ' was

gain in

aboT 22

far west as Chicago,

I

at 20 cents a

the gross revenue from the same
hundred pounds would be over i million

..

AuoufiT
dollars,

0,

THE CHKONICLR

IWO.]

and

if

161

carried only half that distance would

represent increased revenues of 2^^ million dollars.
In conjunction with these figures it will be interest-

[From our own corrMpouA^nt.]

London, Saturday, July M, 1890.
The money market has been decidedly aaaier this week.
brought to New York over each of the various routes. The ease is not so much shown in quotations as in the greater
The facts with regard to that question are brought out readiness of the banks to lend. The open market discount
to note

ing

also

the proportionate amounts of grain

in the following table.
ftBCEirrs OF asua XT mew tobk sr bodtkb.
January

N.T.Cent.

BtuK

P.C.

Biuk.

P.C.

8,»1«,W 80-M

».S3O,S04 u-;i

1709
1117

U-90
«•«

7.a«0,974

D.L.AW.

3,Wf.888J »0»|

8,&«,888

WMtSh...

10,5,S8,82S 18-88'

7.008,830

Lehigh V.

8,«M,tW4 12-70

«."»6,603
481,141

B-S8
1-07

430,777

1-00

18,1*1,882

Erie
P«Dnii

4,ai8,y88

Bait.

A

Tu.

R[(.<.

0..

Tot. RR.
Rlv. i oV.

C»n»l
Total

486,087
I,0ia,«S8

4.82»,aas

0-ei),

1-86

54.0Sl.7Se 63-41
»so,a«)S 1-43

all.

S4,809,»8t 100-0

8,031,478
8,8i«,se8

W88
ir78

12.602,111 23-37
11,438.651 81-21
4,5a3,30-<

8-41

8-a

8,810,109

6-21

i«-«

8,««8,m2 16-81

5,990,943 10-37
1

8,69(4839

6 67

4 per cent, occasionally bankers taking bills at

1J77-37
1,434.420 3-7B

7,2.<t8,8&0|18-8i

43,184,813 100-0

38,419.831 'lOOti

3^

per

and the short loan rate is aUu about 4 per cent. During
the week ended Wednesday night, owing to the greater readiness to lend in the open market, that market was able to repay to the Bank of England considerably over two millions
sterling.
The market still owes to the Bank about 1 1^ milliona
sterling, but it is believed that the greater part is in the form

4.842,669

S-4S

41,515.778

7700

615.6101

1-14

of discounts.
The more confident feeling

£415,000 in gold from
considerable

89,781,91

1«15

8,»75,80'l

P.O.

Biuh.

S,»5}.833 10-30
S,084,454 5-18

34,«5»,5-« 80-»«
1,24»,18B 2-88

»,823.e00 15-18

Here we

1887.

P.C.

Buth.

is

cent,

1888.

1880.

1800.

1

to Jtitu SO.

rate

11,784,500 21-86
8S.8t5.8K4

1

00-0

is

firstly to

the receipt of

amount more

the expectation that a
will be obtained, and secondly to

the belief that time enough has

may happen

due

New York and

now been

given to prepare for

Buenos Ayres and Montevideo. As
regards the gold shipments from New York you are in a bet'
whatever

in

ter position to judge than we here can be, but respecting the
some very marked changes, as in the
Argentine disturbances it is to be pointed out that acute apThe Erie and the Lehigh Valley have prehension sprang up here in the middle of June. The banks

find

other case.

both taken a very decided jump forward, the former generally began calling in loans and strengthening themselves
being up to 2490 per cent from 17*09 per cent, and against contingencies, and consequently preparations against
the Lehigh Valley up to 12 '70 per cent from 5*55 per accidents have now been going on for five or six weeks. It is
cent.
The New York Central, on the other hand, has therefore reasonable to conclude that all concerned have taken
the precautions required.
dropped to 14-71 per cent from 20 '64 per cent, though
Meanwhile the demands for gold are likely to be considerWest Shore's percentage stands slightly higher at 16-25 able for some time to come. Since the first of
May over one
per cent against 16-22 per cent. All the roads, how- million sterling has bean withdrawn from the Bank for
ever, have carried more in amount, with the exception Lisbon, and over £900,000 has been sent in from Lisbon. The
of the Pennsylvania and the Baltimore & Ohio, and withdrawals have been for the Bank of Portugal, which is
c«mpelled to strengthen its reserve, and the receipts have
for these roads the slight loss in

the deliveries at New
been in settlement of trade debts. It seem? odd that the
consequence alongside of the very
Bank does not save the double transit; but as yet, at all events,
heavy gains which the same roads must have made on it has not succeeded in doing so. The withdrawals are likely
their deliveries at Philadelphia and Baltimore.
On Thursday as much as £100,000 was taken
to continue.
from the Bank for Lisbon. It is rumored, too, that there are
UNITED STATES
STATEMENT, to be large withdrawals for Constantinople on account of
The subjoined statement has been issued from the office of difficulties there. Egypt will require gold, so will South

York

is

of

little

TREASURY

based upon the actual returns Africaand India. As regards the Argentine Republic, negotiaand superintendents tions for the loan of 10 millions sterling have again begun. As
of mints and assay offices, and sbows the assets and liabilities the country is threatened with revolution and is in acute crisis
of the United States Treasury July 31. In consequence of it seems hardly credible that the loan will be made; but
the new form of statement, now for the first time adopted, perhaps the very gravity of the emergency is a reason for
no comparison with the previous month is attempted by us. giving assistance.
The price of silver, which at the beginning of the week was
That feature, however, will be resumed with the publication
50}^d. per ounce, has gradually declined to 497|d. on large
of the results for August.
American selling, ic is said. It is also reported that the ImA88ET8.
QOLV-Ooln.. ..
perial Bank of Russia has been selling on a considerable scale.
854,397,959
Bullion.
62,138,883
Indeed it is rumored that the Russian Finance Minister has
118,538,828
SllVKR— Standard Djllara
S14.744,9V»Bullion
decide! to get rid of all the stock now held by the Bank if the
5.581.287
Fractional silTer coin..
22.833 .K9i
price continues to advance.
Early in the week, on the other
Trade dollar butllun...
«,074,63'<
S48,737,«»4
hand, the Indian banks had been buying more freely than for
United Stales notes
23.983.411
National bank notes
..
4,766,35
some time previously in the expectation of a further rise, but
Fractional currency
„,
833|
28,760,704
when New York sold freely the Indian demand decretised and
Gold certlBcates
27,577,120]
Silver cenlHca'es
3,442.258
the Indian exehanges fell. Dealings in silver securities, which
Currency certiacatea
40.000
31,039,378
were very active at the beginning of the week, have likewise
U. 8. bonds and Interest, pnrctaated..
1,051.831
Interest checks and coupons paid....
449,710
fallen off, and there has been a genera.1 lowering of quotations,
Interest on D. C. bonds paid...
111,484
though not to any very considerable extent.
1,612,823
MInorcoin
206,804
Deposits In national baak depisiurles.'.'
The intelligence that some officers of the Buenos Ayres gar30,07;,437
AsgroKate'
rison had been arrested on a charge of conspiring to depose
757,881,788
I.IABH.ITIE'.
the President, and that new troops had been drafted into the
R«f*rT« for redemp Ion of U. S. notes...
100,000.000
Gold eertltlca-es. Acta 1861-1882
city to protect the Government House and offices, added to the
160.021,809
SIlTer certldcates. Act 18;8
302,191,171
Currency curtitlcates, Act 1872 ... .'..'.''
apprehensions which have been so prevalent for some time
11.860,000
Public debt an 1 Interest:
past, and these apprehensions were augmented by the newa
iDtere.st due snd unpaid
1.712.027
Accrued inte est
2,782.020
that all the leading commercial houses and banks of Monte[.
Matured debt
1.803,1:15
Ulereston matured debt!!!!.."!!'!!.""
148,'il7
video had entered into a combination to refuse the notes of
iBt. on Paclflc RIl. bonds, due unpaid.
8«,6e»
Accrued Interest Paclflc RR. bonds.
823.117
the National Bank of Uruguay (which it will be recollected
6,853,797
Post once department account
5.578.887
are declared legal tender for six months), and have bound
Ulsburslnn olBcerii- balances
undistributed assets of tailed nat. banks.... 32.774,430
1,422.818!
themselves to deal only on a gold basis. The combinatioa
currency and minor coin redempfa account
«,710
rraotlonal silver coin redemption account..
itself is generally approved of, but it is feared that it may in9,760
nedemptlon and exchanfie account
848,889
rreasurer's transfer checks and drafts outcrease the financial difllculties. During the past day or two
standing
3,143,893
Treasurer U. a axent for paying Interest on
there has been some recovery both in Argentine and Urugu1>. C. bonds..
6*,04»
ayan securities on reports that the Government had yielded to
48,941,580
riTe p. c. fund for rodempUon ot national
bank notes
the troops, which, strange to say, was felt as a relief. It is to
6,797.817
ToUl liabilities
be
remarked that the alarm existing has not led to speculative
630.867.685
Available balance.
127.814.119
For two
selling on the scale that might have been expected.
_AgKretate....
or three years past the public did not subecribe to the new
the Treasurer this week.

from

It is

assistant treasurers, depositaries

.

.<

.

.

.

.

.

:

:

..

:

THE CHRONICLK

162

trust companies.
great fiaancial houses, the syndicates and the
th«y might
that
operators
There is fear, thtrefore, among
is this fear
be cornered if they were to sell heavUy. So strong
of
amounts
large
buy
not
will
market
that the jobbers in the
they have
stock, indeed will hardly buy any amount unless
again. It
reasonable grounds for expecting that they can sell
wiU be recollected that the members of the Stock Exchange
the public, and
.consist of brokers and their clerks, who act for

act for themselves

bullion
Prop, assets to liabiutles.per ot.
perot.
Bank rate

Consols
Clearlng-House returns

September

32,93.3,377

1886-87.
45.981.348
15,201,944
29,840,663

93,553,830

95,493,438

91,026,955

1888-89.

1837-88.

29

323.
303.

.

4d.
3 Js lid.

Last week.
2,008,000
203,000
850.000

This week.
qrs. 1,948,000
Flour, equal to qrs. 220.000
qrs. 824,000
Maize

Wheat

1886-87.
3d.
Id.

349.
333.

01.
7d.

1889.
1,519.000
199,500

1888.
1,776,500
212,000

512,500

471,000

EnZlUb Financial OTarket»-Per

Cable.

The daily closing quotations for securities, &c., at London,
are reported by cable as follows for the week ending
August 8
MoH.

by the proof afforded by the reports just
coming out that the working expenses of the companies have
increased enormously this year, and are likely to go on increasing, and also by the publication of two decisions respecting rates and fares and classification of merchandise, just
issued by the Board of Trade. The general effect is to lower
rates.
On most points the contention of the trading classes
rather than that of the railway companies is favored by the
Board of Trade. The decision, however, is not final. The
companies may appeal. If they do not, the Board's award
affected

will be submitted to Parliament.
Although the reports issued as yet by the railway companies go to show a very large increase in the working expenses

—in many cases

almost equal to the
increase in working expenses—the dividend declarations so far
are fairly satisfactory. There are six dividends at a higher
rate than twelve months ago, four are at the same rate and
two are less. For the first three weeks of the new half-year the
traffic returns are very enconraKing, showing large
increases.
On seventeen principal lines there is an aggregate
the

three weeks of £191,000 over an increase of £220,000 in the corresponding period
of last
year. Of the aggregate increase £133,000 is
in

merchandise

in passengers. Trade generally, as these
figures
prosperous and improving, and the market reports
trade circulars confirm the evidence of the traffic
is

Mexican Central 48
N. Y. Central & Hudson.
N. y. Lake Erie & West'n
do
2d cons

Norfolk & Western, f ref
Northern Pacific, pref
Pennsylvania
Philadelphia & Reading.
Union Pacitic
. .

Wabaah, pref

Tues.

Wed.

Thurs.

SlU

50%

501'
9579
96I4

51

96

96ihf
96ii
93-40
IO512
125^4
S0[>8

I

and

of cereal produce into the
of the sea-

The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom

In the other departments of the Stock Exchange there is
In the American market, for example,
Sat.
London.
brokers report that a transaction in a few hundred shares
51^4
d
Silver,
per
02
affects quotations.
There is next to nothmg doing in interConsol8,new, 2% per cts. 95iai
96', g
national securities, South African mining and land shares;
do for account
Fr'ch rents (in Paria) fr. 93-20
Knd miscellaneous securities, and even the dividends being de U. S. 412S
10513
of 1891
125%
clored by British railway companies and the prospect of an U.S. 48 of ;1907
Canadian Paciflc
80^
«arly duplication of stocks by some of the companies Chic. Mil. & St. Paul....! ^4
118
Central
failed to impart life.
Besides the general causes that Illinois
Lake Shore
|111%
are affecting other departments, the home railway mar- Louisville & Nashville.. 87

show,

101«
81,516,000

107,433.000

1887-88.
43,112,336
16,488.099
35,803,003

1889-90.
Aver, price wheat week.338. lOd.
Av. price wheat season. 303. 7d.

They

and £.58,000

99^

08'4
114,099,000

1888-89.
52,884,505
12,733,948

108,337,018

Total

utter stagnation.

for

40
2

2%

1):

1889-90.

uneasiness.

rncrease

HD«

37M

142.883,000

[mportsofwheat.cwt.50,412.740
Importaof flour.. ....15,015,276
Sales ol home-grown. 42,909,000

is

during the past half year

4,181,833

IMPORTS.
1886-87.
1887-88.
1888-89.
52,884,505 43,112,336 45.981,343
Wheat
15,1)76.250
17,714,825
17.413,842
13632.441
Barlev
11047,373 14,782.337 15,625,069 12,066,265
Oats
2,320,666
2,791,2:n
1627 865 2,084.231
Peas
.;:;:.
2.47.'5,775
2,299,249
2,S14,688
3044,978
Beans
27,413,307 21,155.061 23.682,559
.... 36 965,839
Indian corn'
Flour ....:......-.. 15,015,276 12,733,948 16,488,099 15,204,914
Supplies available for consumption (exclusive of stocks on

are undoubtedly rich enough to do
an extremely inconvenient time to lock
up so immense a sum, and the prospect adds to the general

is

21,737,711

26,885,004

1889-90.
owt 50,412,740

understood that the holders of the old bonds are sending them
in almost unanimously for redemption, and it is very much
doubted whether there will be many applications for the new
bonds. If this proves to be so, the contractors for the loan
•will have to take practically the whole of it— a little over 7>4'

ket

12,418,671

30.720.495
20,214,828

39
4
905-16

The following shows the imports

80 small an amount of stock. It will be seen from this that
the quotations are entirely nominal. Probably if the broker
referred to were to insist upon selling, he would put the quotation down 10 points.
The Egyptian Daira Conversion, which is going on just
now, is likely to prove a complete failure. It is generally

*o, but the present

12,330,575
20,802,615

21,732.040

during the first forty-six weeks
who buy United Kingdom
with previous seasons:

irom and

millions sterling.

17.656,079
19,053,505

25.069,040
3,802,902
27,238,994
17.190,081
19,259,213

2S,035,035
5,433,4la

20,313,914
13,731,010
23,«26,9i5

12,372,096
20,836,110

Oolnsnd

son compared

;

14,503,257
22,712,013

Other securities
Beserre

jobbers or dealers who
As an example of the unwillingsell to the public.
just
ness of the jobbers to deal in .South American securities
now, it may be mentioned that one broker has had an order
of
for about a fortnight to sell £5,000 nominal stock of one
do
the Argentine railway companies, and has been unable to
The order is without limit, and the stock is quoted 92 to
BO.
The broker would accept 85, and cannot get it even for
84.
tliat is,

3,739,508
27,681,813

1887.

£

£

£
25.014,015

Circulation
Public deposits
other deposits
Goverament securities

1883.

1883.

1830.

extent, and
South Americaa issues to any considerable
held by the
therefore most of tl>e newly-created securities are

7nL. LI.

[

73%

118

iim

86%

7312
10979

7359

110

25%

25^8

105

105

6II3

6II4
8314
541a

83
541a
221a
6312

23
6314
3014

Fri.

96

965,,
965,,
93-60 93-9.ii2 93-92ia
IO5I3 1051-) 1051a
126I4 12614
126
81
80%
801a
7359
73
73%
II8I4
118
118
llli« IIH3 111=8
87 14
8713
87%
73%
73%
731a
llOis 109% 10978
2579
2578
26
105
105
105
61ia
61%
611a
8318
83 14
8318
54Sg
54%
54%

3014

32=8

Bfg

62%

6II3

221a
61=8

3016

30

30

Chanqes in Legal Tenders and National Bank Notes to
August 1. The Comptroller of the Currency has furnished
us the following, showing the amounts of national bank notes
July 1, together with the amounts outstanding August
also
the increase or decrease during the mouth
1, and
the changes in legal tenders held for the redemption of bank
notes up to August 1:

—

;

National Bank Nous—
Amount outstanding Jnly 1, 1890..
Amount issued during July
Amount retired during July

Amount outstanding Aug.

1890

1,

$185,830,983
$76P,75?i

1,577,912

2,341,667

$184,253,076

*

Legal Tender Ifotes—

Amount on deposit
notes July

1,

to

redeem national bank
$56,083,837

1890

imount deposited during July
Amount reissued &, b'nk notes retlr'd

Amount on deposit to redeem
notes Aug.
•

I,

S679 345
in

July

1,665,322

2,344,6B7

national bank

$54 398,515

1890

Olroulatlou of national gold banks, not included above, $138,557,

According to the above, the amount of legal tenders on
returns.
become really summer-like and the deposit Aug. 1 with the Treasurer of the United States to
eieem national bank notes was $54,39 %5 15. The portion of
»eport8 concerning the crops have decidedly
improved. There this deposit made
(1) by banks becoming insolvent, (2) by
is therefore less business in the wheat
market, but prices are banks going into voluntary liquidation, and (3) by banks resteady at last week's quotations.
ducing or retiring their circulation, was as follows on the first
Messrs. Pixley & Abell write as follows:
of each of the last five months

The weather has at

last

'''*?''^'"'*' """"i Purehaaert for export
but
h^'J-l^iT'*;^!"*" "!"";'".*
',™'" ""> United States ha.s gone into the Sauk
nf Kn^i„Srt"'^i"'''u'*'?
T'»« Bank has purchased £598,000 during
the
week ana
<="»«»,
Sifi??.™??aud
IW.OOO In sovereigns has gone out for Lisbon.
*
'•"'•' *" »0'4d. on higher exchange,
but hcavv soUlne,^™ *»'•" ^i'^'"'«»"'"'
a "™a" demand for Inman """"""
councU bflls^
^^PiS.,*™'"!'"'
comb^
""«. conseUuently exchange relapsed, and with It ailver.

'.®""'' ^'*°^* "*® position Of the

Bank of
the Bank rate of discount, the price of
consols &o
«n July 28, 1890, compared with the last three
yea^T
li'Jiioi^"?,^''??
^ngland,

'

Deposits

by— April

1.

$
Cnsolv't bks.
Llqiiid'g bks.

Jfoyl.

$

June

1.

July

1.

800.667

780.6fi6

765,1.56

$
789.333

5,7;iO,562

5,695,294

5,632,838

5,478,733

$

August 1.

$
752,390
5,476,399

Red'o'g undr
act of '74.* 55,813,755 51.045.597

52,033,171 49.795,771 48,169,726

62.334.n84lt;0.52 -556

59.4-^l.lR5 5'i.0S3.837 .54.398.515

Total.

1

'

*

A«t of Jane 20, 1871, and July 12, 1882.

2

AcorsT

THE CnnONICLK

9, 1890.]

Bonds Ukld by National Banks.

—The follnwlnij; lateruttt-

ing stiiioinent, furnwhtnl by the Comptroller of the Currency,
•howH the amount of eaoh cloxa of bondti hetil ai(ainst national
bank circulation and to secure puhlic moneys in national bank
We gave the statement for
depositaries on AuK<'^t 1-

July

July 1 in Chkonki.k of
referring to that the changes

paRo

5,

made during

and

11,

by

month can be

the

163

preceding week and $11, 9^^0,166 two weeki previotw. The
exports for the week ended Aug.
amounteu to $.1,843,745,
against |t(.fl40,2.')(5 last week and $(1,02.5,070 two weeks previoiw.
Tho following are the imports at Now York for the week
eudiug (for dry goods) July 80 and for the week ending (for
general merchandise) Aug. 1 ; also totals since the beginning
of the first week in January.
.">

een.

HEW TOSK.

rOREION IMPORTS AT
ZT.

Dtxriplion of Bcmdt.

Bond* BeUt Aug,

S.

1600,

Secure—

to

Total Held.

OireulatUm.

31.8<>3,S00

$5,201,000
3H.016.550
101,221,700

45.871.050
123,088,200

$29,"l3.fl00

*148.47a,250

*175.285.250

pw 0«Ut4.... ...........
Total

1,

Bank

Public DepotiU
in Bttnkt.

$1,125,000
6,821.500
4

1

1

$6,326.0(

—

CoiNAQB BY United States Mints. The following mate'
ment, kindly furnished us by the Director of the Mint, shows
the coinage at the Mmts of the United States during the monib
of July and the seven months of 1890.
Seven iTonthf, 1890.

July.

For Week.

1887.

Dry Uood*

1888.

2.598,389

Ueu'l mcr'dise.

1880.

$2,850,310
8,313,782

0,506,137
$9,104,776

$4,164,008

,

<I73.373.001

$:8,fl39,149

Geu'liner'dlse..

208,290,317

206,030,310

Total
Since Jan.

1600.

$2,881,954
6,807,423

$3,572,01
8,587,991

$9,779,379

$12,160,609

1.

Dry Uuods

$81,723,149' $93,114,37»
219,178,6991 230,418,726

wee ks. $281,663,318,$284,078,459 $301,201,848i$325.503.10 4
In our report of tho dry goods traie will b3 found the
imports of dry goods for one week later.
The following is a statement of the exports (eiclusfre of
specie) from tho port of New York to foreign ports for the
week ending Aug. 5 and from January 1 to date :
EXPORTS FROM SEW YORK TOR THB WEEK.

Total 31

DtnomiTiatUm.
Value.

Pieces.

Talue.

Piecet.

^

DonMe

539.235 10,7.^4,700
57,020
570,200
60
300

200,OCO

10.000

eaglea

Eajtlen

Hjuf

erticlf,*

Ttiree

doUam

Qnarter eagles

ii2

45

'"•

Total gold

Standard dollars....
Half dollars
Quarter dollars

lO.CCO

200,000

2,300,000

2,300,000

596,3601

''

355

SI

1887.

For the week..
Prov. roiwrted
Total, 31

$5,943,745
192,801,719

$8.7Gt..594

167,915.141| 195,800,195

175,75.5,950|

The following table shows the exports and imports of specie
at the port of New York for the week endina; Aug. 3 and
since January 1, 1890, and for the corresponding periods in
1889 and 1888:
EXPORTS ASD IMPORTS OP SPECIE AT

NEW

TORK.
Import*.

Exporte.
Gold.

Total silver

2,3C0,C0O

2,30J,00O

632,000

31,600

10,220,397

511,020

i,4'io,6o6

i4,io6

26,64i',979

266 420

Tbtal minor

2,042,000

45,700

36.862,376

777,410

Total cofnsee

4.35 .',000

2,515,700

Five cents
Tbree cents
One cent

22,535,657 21,863,260

59,994,393 33,996,012

Week.

Great Britain
France
(lennauy

January
February

March
Apnl

Mar
June
,

Inter'l

Misc'U

Itev^uc Sources

»

Inter'l

tonu.

Rev'u< Sourc'b

t

123,323

29,735

$5,539,564 $10,522,678
163.586 46,135,054
22,780 18,619,230

$31,185
10,643
41,233

$5,450,514
4,483,623
4.531,60a

98

10.8S1

3,794

20.712

1H,1'6«

10.U5

1.185' 30.8eo!

IS.TOO

10,170
9,178

B0,800

11,882

2,696

S4,7';8

19,171

10.0W9

19.359

12,50«

I.9>i4

3.1,881|

1B,(.98
16,1

10.847
15,027

t

%

17.048

18.3H2

2.00)

39.443

£1,641

12.(M2

8.i84

37.547

(

17.838

11.72

28.953

ll.'!!?

2.829

87.1 9tii

19.00B

10,gM

17J<WB'247,;83' 131,377

78,153

»4

<

Imports.

Since Jan.

1.

$613,800 $11,537,338
284,075

3.216

31.;198

2.187

30.133

1,834
2.792

31,014

3.820
8.397

84.431

1,981

S3,B37

Since Jan.l.

Week.

$1,467,906
1,351
542,617
299,880
355,044
180.549
549,914

$

'37,bi6

22.612
168,818

Total 1890
Total 1889
Total 1888

t

'

$613,800 $12,050,381
52.5,851

186,490

'2,283
5,531

$24,059

$3,397,251
909,443

13,94
9,642

11,838,971
6,906,658

1,142,895.

—

United States Sub-Treasnry. The following table shows
the receipts and payments at the Sub-Treasury in this city, as
well as tho balances in the same, for each day of the week.

83,758
81.884

Balances.
Receipts.

Date.

Total 7 months H.1.9S3 8 .837

"i',456

1.271,431

Exports.

Week.

~»~ ~%~

*
22.816

890,06S

All other countiies..

Out-

lotaL

$161.8l(J
2,505.283

1,342.564
18,392
109,421
422,937

West Indies
Mexico
Bouth America
Cuttomt.

Since Jan. 1^

$

Silver.

Great Britain
France

RKCEIPTS (OOOs omitted).

$9,279,501
710.200
2,772,835
2,361,783

Week.

3,6110

Total 1890
Total 1889
Total 1888

cotirteey of the Secretary of the Treasury, we
to place before our readers to-day the details of Government receipts and disbursements for the mouth of July.
From p^eviou^ returns we obtain the figures for previ lus
months, and ia that manner complete the statement for the

seven months of the calendar years 1890 and 1889.

566,606
2,000

All other countries..

the
are enabled

Since Jan. 1.

$6,037,466

West Indies
Mexico
South America

Government Revenue and Expenditures. —Through

July

1890

1889.

$5,217,082

weeks $181,342,533 $173,132.223 .$202,564,789 $198,645,464

21,788,2B5 21,788,265
465
233
465
116
74 046
746,462

Dimes

1388.

$5,586,588

Payments.

18.727 228,25;

\Oom

Coin.

Cert's.

\

Currency.

XXaBURSEMENTS (OOOs Omitted).
iag.

OrtH.
nary.

Pen-

In-

Prem-

Hona.

tere$t.

'um».

f
7.918

I
2,086

27,868
25,060

~i~ ~i~

Total.

(

Ordinary.

~»

~

8,285

11.331

2(1,916

688

1.47S

13.860

518

907

10.228

8.852

1.3:<9

2.09J

17.512

12,986

18.858

9.615

5.661

674

13,5(-9

13,314

12,5u;>

514!

811

29,908
27.234

11.583

9.aoT
is.8as

8,781

i,su|

222

14.864

10,982

14.663

April...

May....
June...
July...

7

I

I

!

nio«.^J-6.4l>ljll

7.232

2.(54

P"™

7otaL

'umf
26.554

1,903

410 6,578

i.ss;

22,4M

11,074

Me

471

33.674

8-9

1.716

223
298

13.750
41,999

38,187

I8.27t<

.15.24H

8.176

94,132

5M84

27,890

83,787
1H.9J2

4.9881179.1114

National Bank3.— The following national banks have
recently been organized :
4,382— The Union National Aank of Denver, Col. Capital, $1,000,000
A oiio .i.,?"?'^''.^''- ^''««ll)ur5', President; Walter H. Xrask, Cashier.
4,JS3—
The-VatioualUauk of Gut.irie. Ukluhoma Territory. Capital,
!*• "'i^ 8teiguer, President; L. do Stelgiier, Cashier.
A
Qoi r,.^",'!!'"'**4,384—The
I'lrst Nation il Bank of Ulckin.son. North l)akot;i
Caplfal,
_„*-^'VJ<*0. A. Ilillyer, m-eslilent: R. H. Johnson, Caahler.
.100=
4,vJ85—The ir-vt National Bank of M.iscogee. Indian Territory. Capl^t"'.
-,Ca.shii!r
A->oa The *l<'0,OiK). RoDert L. Owen. Pre.fideut;
4,J86—
Farmer*' & MerchinH" National Bank of Cleburne, Texas.
Capital, $100,000. Early Y. Brown, President; SterUiiK B,
!•

Allen, Cashier.

4,3«7— The Fairhaveu National Bank, Fairhaven, Washington. Capital,
Ifo0,000. Jamed F. Warduer, Preslilcut; Frederick Pettiboue'
Cashier.

biPORTs AND Exports fob the Week.— The imports of
last week, compared with those of the
preceding week, sliow
an increase in both dry goo<Is and general merchandise.
Ihe total imports were $12,100,005, against $10,449,983 the

lU

5
6

•'

7

"

6

Total
651
853
611

>K>.523 24.m<4l R.899 ltO.B7&

4

"
"

»

15.433

15,680

March..

2,17d

In-

I
2.18S

Jan
Feb

9.92

Pm-

»ions. tereat.

1,943,313
2,666,612
5,499,700
2,970,566
2.233.898
4,113,855

2

..

1890.

19,427,941

16,128,108!
16.233,6601

2.034,588 161,908.629
2.375,482 162,020,213
2,932,619,162,016,436
2.60ti,732 162,020.987
2,827,593 162.020,165
3,344,726 162,000,744

18,.507,4^2l

18,874.404
18.3^7,0641
18,984,1781

6,998,230
7,122.217
7,419,258
7,411,599
7,366,067
7,497,503-

16,121,760

—

An'stion Sales. The following were rscently sold at auction
by Messrs. Adrian H. Muller & Son
:

Shares.

.Shares.

15 Leather
Nat'l

Maiiufacturers'

Bank

1

252>a

22 Merchants' Nat'l Bank ..158%
20 The Ericsson Machine Co.
$25 each
$10 per sli.
100 Bklyn City AXewt'uKR. 85
1 Meiubcrship Cons. Stock
&Petrol'm Exch. of N.Y.
(all

d lies paid)

$225

50 Nat'l Bro.adway Bank...290»4
100 Btandard Oil Trust
168
25 Bowery Bank
308

Members'p N. Y. Produce
Exch. (all dues paid).. $750

25 H. B. CUiflln

moul
50

&

Co. (com-

1155t

Law

Institute
$85
Liberty Insurance Co.... OS's

1 N. Y.

Bonds.
$10,000 Atlantic Mutual Ins.
104
scrip of 1888
$5,0U0 Colum. & Ea.'it. RR.lst
68. gold, 1913, J. i J. $20 per b'd

SiiuIitU0 auxl Ifluauclitl.

Spencer Trask &

Co.,

BAMKBRS,
Noa. 16 and 18 Broad Street,
ALBANY. N. V.: SARATOGA. N. Y:

New Tork

Cltr*

PROVIDEVCK.

K. L:

TRANS.VCT A OBXKltAL BANKI.VU UUSI.VBSS.
All elivsses of Seoirltles Bought and Sold on CommtsalOD. Special
eaoh otUcu
attention tfivea to uvestineut Securities. Direot irlre
»nd to Philadelphlti Uoston and Ctuoafro-

w

:

..

..

'

THE CHEOJMOLK

161

—

Railroads.

Chicago Burl. & Q. (quar.)
Chicago & West Mlohigan
Cleveland 4 Pittslmrg (quar.).

Kansas City

Ft. 8.

& Mem

Do

When

Booki Closed,

Cent.

Payable.

{Day» tnelusive)

Sept.

15 Aug. 14 to

2

Aug.

15' Aug.

1%

Sept

pref..

4

Aug.
Aug.

3

Aug.

5 Aug.

4

Aug.

11 Aug.

Banks.
{

Lincoln National

Fire InsnraDce.

8
I'Aug. 10
8
8

15 Aug.
15 Aug.

City

to
to
to
to

2 to

i

Ayres is decidedly better, and our gold exports this week
are only $2,000,000; the Atchison dividend on incomes was
declared at 2% per cent for the nine months, which was the
highest rate that had recently been talked about as probable.
Stul, business at the Stock Exchange languishes, many of the
prominent operators are absent, and with bad rumors, whether
true or not. it is often found pos.oible to knock down prices
one or two points.
The full tabulated statement of railroad earnings for July is
not yet published, but the current statements show that the
(oads are generally doing well, and most of tliem are yet
showing a moderate increase in gross earnings over the corresponding period of last year. The heavy com crop of 1889 is
freights on the Western roads, and at
still furnishing
the higher market prices there will be more inducement to
move corn freely during the next few months; the crop of
1890 scarcely affects raUroad freights before December.
In the railroad world it is to be observed that we have been
singularly free from new defaults on interest, and witli a
single exception in July there has been no prominent default
for some months. The embarrassed railroads have also been
wound up. or plans of reorganization fully agreed to in cases
where a sale has not yet taken place, so that our market is
now more free from "dead wood" and from vexatious litigations involving large amounts of capital than it has been for
many years past.
The latest of the industrial incorporations taking in the business of a large concern is that of the J. & P. Coats Thread Works,
having capital and debentures amounting together to
$27,9^,333. These incorporations, absorbing the business of
large private iirms, are to be noticed as one of the distinctive
features of the current year, and they have probably
diverted a great deal of attention and capital from the stock
market.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 3 to 20 per cent,
with 5J^ per cent as a fair average. Prime commercial paper
is quoted at 5(8 5 J^ p. c.
The Bank of England weekly statement on Thursday showed
a loss in specie of £290,000, and the percentage of reserve to
liabilities was 36'60, against 38-57 last week; the discount rate
remains unchanged at 5 per cent. The Bank of France gained
1,575,000 francs in gold aad 1.350,000 francs in silver.
The New York Clearing House banks in their statement of
Aug. 2 showed an increase in the surplus reserve of $2,906,425,
the total surplus being $8,959,550, against $6,053,125 the previous week.

2.

Differen' t/rom
Prev. toeek.

1889.

Auputt

$

Capital

1888.
3.

$
60, 762,700

August

4.

$

60,812,,700
..
60, 762,700
Surplus
59,987,.100
54, 630.100' 49, 666,600
Loans and dlscte 401,560,,900 Inc 1,530,600 413, 024,600 381, 703,600
Circulation
3,628,,400 Inc
22,200
3, 912,000
7 .644,000
Net deposits
415.915,,800 Inc. 7,024,300 434; 491.300 414, 320,500
Specie
80,367,,800 Inc'. 4,817,700 73, 160,800; 90 587,300
Legal tenders
32.570,,900 Doc
155,200 43 678,2001 39, 743,200
Reserve held
112,938,,500 Inc 4,662,500 116,839,000 130, 330,500
Legal reserve
103,978,,950 Inc 1,756,075,108.622,825 103, 580.125
.1:

Bnrplns reserve

.

8,959,650 Inc .2,906,425|

8,216il75

26,750,375

Foreign Exchange.— The sterling exchange market was
arm early m the week, but has since weakened, money here
having become more active.
The gold exports since last Saturday amount to $2,000,000
Footed rates to-day for steriing are 4 85 and 4 89, and
actual
rates are: Bankers' 60 days' sterling, 4 84*4 8414::
aemand,
demand
"
^,
4 88^(84 88'.^: cables; 4 89>|(ot4
89>,i.
The posted rates of leading bankers for foreign exchange
are
6 »'•:
as follows:

August

8.

Prtoe bankers' sterling bills on London
JTlmeooTnmerciaV
Documentary commercial
Paris (tranos)

Amsterdam (guilders)..!.'.".
FranMott or Bremen (relchmarksi

Sixty Days.

Demand.

4 85

4 89

4 83

d4

83I4

4 82^44 83
5 20i>8S5 20

*0^»40<,8
9478895

|5

18^»5

i7>*

405,„'a'4038
I

Bonds.—Government bonds have been

States

steady at

6 to Aug. 10

;

isao.

United

On Monday
but slightly changed quotations.
4s sold at the Stock Exchange at 123%, The
coupon
$50,000
Aug. 23
Aug. 14 purchases by the Secretary of the Treasury have been at 103^
Sept. 1
for the 4^ per cents and 124 for the 4 per cents. In
Aug. 14 @ 103^
Aug. 14 the aggregate the purchases amount to $2,168,350, of which
all but $217,000 were 4 per cents.
Aug. 4
The statement for this week is as follows:

WAL.L STREET. FRIDAY. AUOU^T 8. 1890-5 P. M.
The Money Market and Financial Situation.—The somewhat depressing circumstances of last week have given way
to a much better situation— rain has fallen in sections of the
West where it was much needed the news from Buenos

August

.

cago, 60c. per $1,000 discount.

Per

'

lil

%@H

Th» foUowlnc dividends have recently been announced

yame of Company.

fVOL.

The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day: Savannah, buying
premium; New Orleans, commercial, 25c.
par, selling
premium; bank, $1 premium; Charleston, buying par, selling
%@}4 premium; St. Louis, 75c. per $1,000 discount; Chi-

Jhje ganfejers^ ^a^jettje.
DIVIDENDS!

Do

.

95'«a95'SB

4M Per

4 Per Cents dtu 1907.

0«nt» diM 1891.

Oferints. Purch'M

Tneadsj....

4.000
6,000

Wedn'sday.

155,000

155,000

8,000

2,0C0

103H
103«
lf35^«
10S«
108«

$217,000

$217,000

103?4-«

Batordaj

Mondaj

Thursday..
Friday
Total.

.

$51,000
4,000

$51, COO

. .

..

The closing

OJeHnot.

Prices paid.

5,000

Period*

Aug.

.11(0.

2

..

4.

'

.

I

'

I

'

reg. J.

J. *11.'3

A.

,*1'23

r

This is the prloe bid at the moruing board

wU

124
124
124
124
124

790.650
444,000
119,200

124

124

as follows

;

Aug.

Aug.

Aug.

Aug.

5.

6.

7.

8

1

....reg.

6s, cur';y,'99

Priees

$144,800
203,300
244.500

$1,951,350 $1,951,360

Q.-Moh. *x02i<i *102i<i
. ..coup. Q.-Mch. *103!>e*103»8
reg. Q.-Jan *123''8 '123''9
123^8
..coup.jQ.-Jan. 124
49,1907
*113
reg.! J. & J. *113
69, cur'oy,'95
reg. J. & J. •ll 513*11513'
69, our'cy,'96
fiii, cur'cv,'97 ....reg. 'J.
& J. •11712*11713
*120 r
reg. J. i J. •120
69. cur'<!j ,'08
4I3S, 1891.
4^.8, 1891.
4s, 1907

Pitreh'es.

Board have been

prices at the N. Y.
Interest

$144,800
208.300
244,500
790,550
444,000
119,200

-102 Ss *102iS8 •1025s
103!% 'lOS^d •103% •103%,
12378* 1237s *12378, •12378
123'8 '1237s *1237s, •12378
113 *112ia *112ifll •1121a
11519*115 •115 *115
1171a *117'4 •11714 •11714
120 *119i3 *119l9 •1191a
123 1*123 123 •123
1021-2

;

no

sale

was made.

—

State and Ilailroad Bonds. State bonds have been almost
entirely neglected. The only sales were North Carolina 68 of
North Carolina special tax trust
1919, $2,000 at 1273^;
receipts, $2,000 at 6; Virginia 6s deferred trust receipts, $30,000

Quotations are little changed from last week.
The market for railroad bonds has been weak, in sympathy
with stocks, and several issues have sold lower than at any
time previously this week. Among them are Rock Island
extension and collateral 5s at 103; LouisviUe New Albany &
Chicago Ist 6s at 112^^ and Laclede Gas at 80. The declaration
on "Tuesday of a dividend on the Atchison incomes was followed by some activity in those bonds, and the last price for
them to-day is 65, a half point higher than last week. The
Atchison general mortgage fours close at 8453.
Railroad and Miscellaneous Stocks.—The stock market
has been irregular, but generally weak and rather susceptible
Many
to bear rumors concerning the crops or other matters.
operators who would ordinarily support prices are out of
town, and the short interest has been reported to be consider-

at 10.

Possibly for the purpose of depressing values, the price
of money was bid up temporarily on Wednesday to about
20 per cent, while depressing news respecting the hot and dry
weather at the West was sent from Cliicago. The result was
a falling off of one or two points, especially in the prices of
those stocks which are most affected by crop prospects.
No less than seven stocks made the lowest orice of the year,
among these Missouri Pacific, Oregon Short Line, Union
Pacific and Wisconsin Central.
London orders, however,
became more liberal, and the final prices to-day when contrasted with those of last Friday, show the following declines
on a few leading stocks: Atchison, of J^ of a point to •415^;
Quincy, of 2% points to 103J^; Big Four, of 2%
Burlington
to 711^; Missouri Pacific, of 1% to 70J^; Union Pacific, of 1^

able.

&

to 601^.

Several stocks, on the other hand, have exhibited more or
New York & New England, with the usual vague
whisperings about important negotiations, closes at 49,
Nashville at 85i^, against
against 47Jg last week Louisville
Lake
Wheeling
84% ; Manhattan at 108, against 109
Erie preferred at 765^, against 76Jg.
Iron, which had previously been quiet at
Tennessee Coal
about 49, broke on Thursday to 42. It rallied again, and was
the
46
at
close
to-day.
up to
Sugar Trusts have had another lively week, notwithstanding the Iiot weather. Their closing price a week since was
On Tuesday they reached 84%. from which they have
803^.
declined with wide fluctuations to 81 J^. The total sales in the
week aggregate 204,469 certificates. Lead ^Trusts also have
less strength.

;

&

;

&

&

been somewhat active, varying between 19J?4 and 21, and
closing at 20. Cotton Oil Trust receipts sold to-day at 29^^%
29^, as compared with 305^(9 31}.^ at the last writing.
'fne sales of silver certificates, though large, have been less
than last week by over two million ounces. The price
closes at 112^^, against 113J< a week ago.
The sales
were as follows: Saturday 285,000 ounces at 1134113?^,
Monday 230,000 at 1123^(3 1181;^^, Tuesday 196,000 at il2i<(3
llSJi. Wednesday 245,000 at 112^112%, Thursday 423,000 at
llis(|'all2, Friday 181,000 at 1121^(3113.
Total, 1,560,000
ounces at 112® 112^^.

n

.

AUQCST

...

'

'iHE CHRONICLE.

9, 1890.J

NT<M'KS-IM<l€E!i

AT

STorKS.

N. T.

RR.

Active

AtchlKnn Top.

A

Stock*,

42

& Snutn Fe

*6»g

J'.ioillc

Otnadlnii FjiclUc

Cankda Southern

Central of New Jersey
Ckntral Paoittc
Ohesaiwrtke JtO.— Vot.Tr.ciirt,

do l«t pref..
do 2d pref

1)0

Do
&

Ohlcoso

Alton

A Atl. B«nef. Tr. Kec
Oblcago BurlluirtouiS: Qiiinoy.
Cblomgo A Eatitrrn Illinnis...
Chic.

'

pref.

lis
111

Do

pref.

144

Do

pref.

135

pref.

Cleve. CIncin. Clilc.

Do

A

St. L...

pref.

4218

40^8

41^8

7>4

•6>9

714

70I4

7914

6I9
79<4

e>a
7OI4

131

1*130

01

•13%

7l''8

LIS

iim
91%
17

43
73
•bo's

e3i«
421a

132

14

104 >s 105
4314 43 14

Do
Do

A Ga

*9>s

1st pref.
2d pref.

Brausville A Terre Haute
Great Northern, pref
nilnolR Central
Iowa Central

Do
Lake Erie

Do

Si's

114
•O'u

pref.

A Western

*76
•23

•32"

45
33

44
32

31
"4

nref

Lake Shore A Mich. Southern.
Loni? Island

9%

Si's

116
10

•27 H)

2S^

*17'i

IS

'64H 65
109%
•93% 94 "3
109

85
851*
A NashvlUe
46
New Alb. A ChleaKO... •43
Manhattan Klevated, conHol.. 109 110
•24% 25>8
Mexican Teiitral
MIchlKan Cen ral
Milwaukee LakeSh. A West.. •9314 94i«
Loui.sville
liOuls.

1

Do

pret.

Minneapolis

A

St.

Louis

Do

K

pref.

>. K. A Tex., all ass'nt paid
Missouri Pacific

llO'a
6
-14
•I919

71%

•2I14
Mobile A Ohio
KasbT.ChattauooiraASt. Louis
Kew York Central A Hudson. 107%

Bew York

Chic.

Do
Do

A St.

111%

Louis.
Istpref.
.

2d pref.

*16>ii

•70's

38 "4

107%
I714
71>3

39 >4

23I3 251s
Wew York Lake Erie A West'
Do
pref. *64is ....
Kew York A New EnKland
48
48
Kew York New Hav. A Hart. 262 263
Kew York Ontario A West
18% 18%
New York Susquehan. A West. *7'a 8
Do
pref. •311a 3214
Norfolk A Western
Do
60
pref
601a

Vorthero Paclflc

Do

pref

35 14

35 14

81%

81^8

Ohio A MlsslBslppl
24
25
'
Ohio Southern
21
23
Oreiton Rj-A NaTlgatlonCo. •100 102
OreKon 8h. L. A Utah North..
Oregon A Traiis-Contiuental.. •461a 46'8
•20
Peoria Decatur A Kvaneville
21
Phila.A Read. Vot. Trust. Cert.
44^ 44=8
BichmondAWestP't Terminal 21% 21%
Do
82
pref. •81
•21
Rio Grande Western
23
•51
Do
53
pref
BomeWatertownAOKdensb'K 112 117
8t. Louis Alton A T. H prof 125
131
Br. L. Ark. A Tex., trust rec..
•13
14
at Louis A San Francisco
•34
,

.

Do

„

St.

„ Do

Paul

Do
Bt.

A

1 St

Dulntb, com.

Paul Minn.

•3713

pref.
pref.

•72

pref

A Manitoba

109 >a 111
31
31
•20
201a
41
41
•90 100

Boutliern PacilicCo

A Pae itlc
Ann Arbor A

Texas
Tol.

N.

M

Toledo A Ohio Central, pref"
UnlonPncldc

Union

Paclflc

Wabash

Do

73

....

Denver A

61% 62%

oiilt'
[

•

•34

34%;

•12ii

13
2618

2618

pref

Wheelln»rA L.^keErie........'
Do
do
pref

384 38%'
76ie

WK-onsin Central Co
•28
.MUcellaiieoua Storkuri

Anjer. Cot. 01! Trust rooelnte.' 30%
Ga.« Co
54%
Cltliens' Gas Co.. of Brooklyn
90 >4
Colorado Coal A Iron
'" •51
Columbus A Ilockini; Coal

7618;
281a!

30%
54%
90%

6314
4319

42
131

133

I

13% 43%

43% 44

71^8

•31

72»8

100

711a
9914

9

•76
•22I9
'

9
78

8'8

77

2314

126
•81
82
1171a 1171a

H%

9

•75

77

•221a

231a

22 13

126

45
33

31
90

7!l!j

116

90
71% 72

7214
9913
301a

*99

29%"29'8

10

27

•

These arethe prices bid

55
124

31%
22% 22%
61% 61%
42% 42%
•130

135

43

2.350

53%
8'8

•75

78

22%

2213
'

Si's

118

30% Jan.

99%
29% 29%

•99

80%

114

6 135

230
2,480

46% July IS
93

.Fuly

22

18%

13

53

Mar.
Aug.

Jan. 24

15% June 16
111% May 10

43% Jan.

300 31
10 90
1.5,590

I

July 14

79% May
123% May
117 May
148 May
98% Jan.

66% Mar.

15

•73

77
22% •22% 23
120 126
126
80
81% 80
111% 116
116
•9
10
9%
•20
28
28
77

Mar.

Feb. 28
Feb. 21
Feb.
Fob.

1,917 112% Apr.
4,611 107 Feb.
34 140 Fob.
42,385 88% Feb.

•31
*92

7178

26%

400 70
73,645

44

7u%

aigbeat:

2<M)

1251129

46

1800.

1.200,

144''8

'9

27I3

2713

6

3678

26
26
26
6

4

Feb. 26
Feb. 26

May 10

7 lOO'aMay 10

66%

Feb. 21 80% June 10
96 Feb. 17 101 May 12
18% Jan. 13 32% July 21
147 Jan. 2 173 May 14
xl34%Apr. 2 149% July 21
14% Apr. 1 20% May 15
»Iar.

26

56% May IS

700 20%
96

Apr. 14 11% May
Jan. 6 81
May
Jan. 20 27% May
Jan. 17 127 June

71
245 114

Feb 19 86
Feb. 20 120

20

67

1,525

21
21
21

71
June 10
Jan. 31
12% May 12
33% May 12

••.!4

-

'

i

30%'
55

30
54

107% 107% 106%- 107%. ^107

'

65
•122

1,

15 50% May 15
4% Feb. 27 0% Hay 10
71% Mar. 19 83% May 26
3,440 .32% Feb. 27 61% June 10
790 115% Feb. 4 128% May 14
209 30 Mar. 27 36% May 17
1,810 22% Feb. 24 27% Jan. 3
900 58 Mar. 1 66% May 1
2,\3n 37% Feb. 21 46% July 13

93,032

143% 145 143% 38,680
17% 18
620
53% 53% 53% 53% 2,460 45
9
9
8% 8%
1,560
8%

I46I4
Igis

(

31%

30

5514

54%

I

"uuar Heflnejiis Co
Tennes.we Coal A Iron!!"!!!!."
''"'
do
pref
Texas A Pacific Land Trust
western Union Telegranh .

41''8

•6% 7%
78% 79%

IHOO.

•9
10
6 Feb. 19
•24
28
170 22% Mar. 4
.*18i3 18% •1719 18
•17% 18
'17% 18
•171a 18
17 Feb. 28 lO'sMay 15
61ij
64
64
63
64 1« 63% 63% 63% 63%
d4
1,725 62 Mar. 1 68 Jan. 31
1091410914 109^8 1091a 108% 109 14 lu8% 109
10i% 108-'8 3,082 104% Jan. 13 114% June 5
9315 931a
94% 94% 9313 9313 •93
92% 92%
94
508 86 Mar. 3 93 July 25
8->
85 12
84% 8518 84% 85
84% 83% 85% 85% 17,275 82% Feb. 24 92% May 5
•4313 46
44
44
43
43 '4 42
42
42% 42% 1,300 33 June 2 54% Mar. 10
109 110
109 109
109 109
108% 109
108 108
933 100 Jan. 14 117 May 16
2413 2413
23% 24I9 22% 23% 23% 23% 4,200 17''8Feb. 18 31% June 4
•241a 25
9714 9714
97
97
96
95% 93% 94% 95
96
780 92 Mar. 4 104% June 6
91 93
*91
93
93
93
93
200 91^8 Mar. 3 104 Jan. 23
lllia 1111a lllialllia lion's 110^6 111% 111% no's 111%
400 108 Apr. 8 117 Jan. 23
"6
•6
•6
-6
7
7
6
7
7
7
5% Mar. 7 8 May 3
•13
•14
•14
•13
-13
19
18
17
18
17
12 Jan. 3 20 May 9
I9I3 I9I2 •I9I3 20
1914 I9I4
19% 19% •19% 19%
8-il
9% Apr. 23 20% July 16
70
71% 69 14 70% 6914 70I4 69% 70% 70
70'S 63,161 69% Aug. 5 79% May 10
2113 21%
21% 21% 211a 22
21% 21% •21% 22
1,200 13 Jan. 7 22% July 14
101% 102 •101% 102 'IOOI3 102
100% 102
100% 102
102 Jan. 6 105 Apr. 22
107% 107% 1071a 107% 107 107 19 107 107%
3,2-24 106
Feb. 19 111
June 3
I6I4 I6I4
•16% 17
•1613 I714
16
16% 16% 16%
500 16 Feb. 24 18% Jan. 27
•7OI3 711s *70ia 7II4 •7013 71 14 70
71% •70% 71%
70 Jan. 7 73 May 5
•38% 39I4 •381a 3914 •38 i« 39 14 •38
39% •38% 39%
36 Feb. 21 42% May 3
25% 2,805 23% Apr. 12 29% May 19
25% 2513 2514 25% 25 14 23% 25% 25% 25
64I3 64I4 •64
•6419
64
*64is ....
100 59 Mar. 31 69% May 23
4714 48%
4719 48%
48
4 8%
48% 49% 44,130 43% Jan. 7 52% May 16
471a 48
•255 268 260 265
233 265
'253
255 263
265
120 244% Jan. 10 270 June 16
18% 18% I8I3 18% I8I9 I8I3 18% 18% 18% 18% 2,503 17% Mar. 11 22% May 20
7I3
-713
8
7%
7%
7%
71s
71a
7%
6% Mar. 23 9 May 10
800
71a
*31i3 33
31 32% 31 32%
27 Feb. 27 34% May 12
321a *31ia 33
20
20
20
20 *
20
200 19% Mar. 28 24''8 May 6
*00
60% SO's 59'6 39% 60%
60
60
300 59% Apr. 14 66% May 20
3II4 35%
3514 35%
34% 35
34
34% 34% 34% 6,581 30 Jan. 13 39% June 10
8118 8II3
80% 81
81
811a 8II3
81% 5.818 71% Mar. 19 86 May 19
80-'a 81%
24 25
U4
24% 23% 23'8 23% 24
700 19% Apr. 11 25% June 6
•21
•21
•20
21 23 20 23
23
23
23
.1
13% Apr. 17 24 June 6
10()
101 102 •100 103
103
101 101
,-99
101%
iOO; 97% Apr. 11 108% Apr. 24
4;)i3 44
42% 42% 42% 44
345 42% Aug. 7 56 Jan. 2
4618 46I3
45'8 46 14
43% 46% 45% 46% 46
46% 23,6171 33% Jan. 8 52 June 10
•20
19 21 19% 21
21
20
20
20
20
300 16% Jan. 17 24 May 3
43I9 44 14
43''8 44%
12% 44I4 42% 43% 43
43% 25,895 33% Jan. 13 48% May 19
2II4 21 13
2118 21%
20% 2II4 20% 20% 20% 20% 19,899 20 Feb. 21 28% May 21
•80
"9
8II9
80
'79
80
79
81%
400, 76 Jan. 18 87% May 21
•20
•20
21% 21% •20
23
23
22
22
22
210 15% Feb. 27 2478 May JLO
51 52
51
51
50% 51
50
50
51
51
600 40 Mar. 3 33% May 14
117
116 116
117
117
117
25 104 Feb. 17 120 July 24
123 1301a 125'
123 132
125
125 ....
115 Jan. 7 130% May 13
•1219 14
1213 14
12% 12% 12% 12% 12% 12% 1,26: 12% May 6 1473 May 9
16 Jan. 11 36% May 13
36% Jan. 27 67 May 15
71 74 •71% 74
71 75
71
71
6 70 July 31 103% May 24
•36
35 37 •36 38
38
•361a 38
31% Jan. 18 38% June 16
•07 100
•93
x90 100
93 98
97
82% Jan. 18 99 July 18
110 110
110 112
111% 111% 109% 111
109% 111%
105 109 July 28 115 Jan. 9
30% 3II4 30I3 30% 30
29% 30
29% 29% 3,230, 29% Mar. 5 37% Apr. 22
30'h
19% 20
19% 19''8 19% 19% 19% 19% 19% 19% 9,962i 19% Apr. 12 24% May 20
4II4
40
41
4078 41
41
40
40% 40% 40% 3,100 80% Jan. 4 42% June 13
•90 100
•90 100
90 100
'90 100
90 100
68% Feb. 5 91 July 30
60^'8 61%
60% 61% 59''8 61
59% 60% 60
60% 30,281 59% Aug. 7 6878 Jan. 28
3414 34%
33
34
34
33% 33
33
33
32%
1,000 32% Aug. 8 38% May 8
12% 12% 12I4 I214 12 >4 12% 12
12
12% 12% 2,553; 12 Feb. 25 15 May 12
25% 26
25% 25 'p 25
25% 26
25% 25% 25% 3,520; 25 Apr 11 31% May 14
37% 38% 38
38% 37% 38% 37% 37^8 37% 38% 3,900! 30% Jan. 11 42% May 19
76
76
76
73% 76
76
75% 76% 73 '8 76% I.660I 67 Feb. 24 79% May 19
28
28
27
27
27% 23
25
25% 25
25% 3,3601 25 Aug. 6 36% Jan. 10
•918

27

29'a
•54
•90

21 1
21

41%

1,

Lowest

Share*.

6.

430

I

i.-t. Louis)
•20
national l.«ail Tru.nt...
21
Oreiicin Imiiroveinent tjo
•45
rsclfld Mail
•45%
Pipe I ine Certid'oatea'c
88%
PoUuian Palace Car Co
•216
Silver Bullion Certillcates!'"
113

Aug.

Week,

167

126

•80
82
11413 116
•9% 10

44
31

88

49%

I

Laolcile (ins

Friday,

JAN.

Range Slnoe Jan.

Bales
of the

13''8 13''8
•13% 14
400;
6%
102% 103% 103% 103% 16,12^101%

30
30% 29%
34% 55
52%
90% 89% 90
38
5II9I
50% 60% 50% 51
49% 50%| 48%
•31
•31
32
82
Coiisiiildated (iasCo
100 100
100 100
UJ% 99% 99
100 100
Distlllinjt A Cattle F. Co!"""
•45% 46%' 46''8 46''8l '46
46
46% 46
45%
Fdisoii (iencr.U Electric.

CWcato

42%
135

AND MINCE

72'ii

72% 73
•9913 99% 100

73%
99%

78
23 "a
120

31% 32
22% 22%
61% 63

1319 13%
10218 104 13

30 < 30 '4 30
30
31
301a
Columbus HocktnKVal. ATol. •30
167
168
1G5
Delaware A Hudson
Delaware I.aokawannaAWest 147»iil47»« 146>4 147'4 145% 14614 143%
18>* •18
1«
l-iHi •18
181a •18
Denver A Rio Uraudc
53I9 33'8
53 >4
53% 53^8 53% 54
Do
pref.
Bast Tennessee Va.

411a

•6I9
7
70
79
54 19 54 'e

22% a2\

135

J3I9_

40%

8,

91
ei
90% 90% •90% 93
911a 911a
71»8 7214
71% 7213 71% 71''e 71% 72%
118 118
117% US'* 1171a 1171a 117 117% 117 117
111
111% 111 1I1'4 110 111
109% 110% 110 110%
145 143
144 145
144 145 >a 143% 143% 144
00 "8 OO^s 9014 OOOs 89% 90% 89% 89^8 89% 90
•15% 17
•15% 17
•15% 17
•15% 17
•15% 17

72% 72%

Mm. A Dm.

Panl

St.

42>4

•6's

135
•13% 14'4
h 14
105 "a 103 >« 104'8 105
43I4 44
43% 44
"90
92
92 "4 •90

Do

Do

41ie

4lie

70% 70%

•3119

pref...

Chicaco

7

53 18 S5%
123>aia3>s

Milwaukee Jc St. Paul.

Ohloa«o Rock Island A Pactflc.
Obloaoo St. Louis A PiltsburK.

42%

4.

55% 50
56>« S6<4
&e>a
1231* 124 125>ii 123 125
•30
3II9
31
S3
23>4
23
23
23
23 M 23 >4
•63
65
65
•«:i
65
63
•43
44
44
4414 44>4
44

Do

A Northwestern

Aug.

i.

Thuradar
Aug. i.

Wedneaday,
Aug, 6.

56>s

Ottleago

Ohioaco

Tueaday
Aug. 5,

Monday,

3II4

130

Ifi5

STOCK EXCHANUK FOR WEEK ENDING AVO.
BiaHKBT AND LOWKST PRICKS

Saturday,

Aug.

Atlautlt-

1

20

21
21

i

•ao

108
21
31
46

i

107
20

107% 105
21

I

20%
20% 20'8'
20%
46
4.J
45% 45% *45
4514!
46
46
40% 44% 4.3%' 44% 45%l
89%' 88% 89%
xy
90%'
88% 90%:
217% 217% 217% 216 217
216 216
113% 112%113i4' 112% 113% 112 112%
80% 81% 81% 83%: 82% 84''9 81% 84
48% 49% 48% 49
49
49
49
49
I

'

'

;

20

99

45%

29% 29%
53% 53%
88% 88%
50
51%
31% 31%

99

40

100
46
107

108% 107
21% 18% 20

19% 20%

20

44
90

90

44% 45%
43
92

43

20%
45

44% 45%
93
216

10,223
9,010
2,200
8,820

24
68

39%

200 15
335 92
1,125

551
367
17,535
1,400
7.930
',33S,ooo

Feb.

41% Mar.
Feb.
Jan.
Jan.
Jan.

36% Mar.
92% Feb.

34% May 19
65 May IS
91% July 23
54% June 6
33

July 16

107% May 16
48% .May 24

119 May
28% May
13 Apr.
24% May
16% Feb.
54 May
43% Mar.
36% Feb. 27i 47% July
79% Apr. 8,108% Jan.

"85 187 Feb. 28 222 July
214% 215% '215
111% 112
97% Jan. 31 11378 Aug.
112% 112''8
30% 82% 80% 81% ^01.469 50 Jan. 10 95 May
42
43% 45% 46% 6,850 42 Aug. 7 89 Jau.
96 Mar. 18 119 Jan.
•19
19 21
•19
21
19
21
'19
•19
81
18% Apr. 21 23% May
21
21
84
84% 83% 83% 83% 83% 83
83% 83
83% 83% 83% 4.426 18 1% Mar. 20 87 May
and askedj no sale made at the Board. ^ Prlosa from bath Exchanges, x Ex dividend.
i

1

21
14
15
13
18

21
24
1

21
7

27

20
14

1

!

JJ

.

INACTITE STOCKS—Onotations
Bid.

Bid. ,Ab1£.

pref.
do.
Bell. APo. III. pf

....
....

Bo8.AtrLiae,pr

05
35

BuB'.K.&l'itts.
do.
i>ref
.

Bnrl.C.R.&No.i
Ced.F. &Mlnu.i

I

20

G.B. W.&8t.P.!

4

Pltts.ttu..

50

Col.&Grc'n.pf.

33

157
35

t.D.
& Ft.

G

8

C. leased I's.

96

Keok.ADesM.

3
7

111.

do.

Klnei.

pret.

APemb

L-RASt.

L.

pret.i
C. R'y, pf.

Mah.

87

95

5

6

'

14

35
do.
Rcnna. A Sara. 180
35
i;6t.L.AIt.AT.H.
wet.

1

1

112

I

BONDS -LATEST PRICES OF ACTIVE BONDS AT
IClos'ng
Price

I

Bailkoad akd Miscel. Bonds. 4""?

Range

eiiiee

»'l

^Penod. ^ua- 8

Lowest.

M

W—

W

C—

M

MAS

.

M

1

M

MAN
M
M

I

100

KOTB-T)"

ladieates price bkl,

and

May

prica ailted

;

1.

157

73

Cameron Coal.
40 iJCommor. Cable

lf<5

43

IjConsoLCoalOo.
Homes. Miu'g-

I

!

;

im

STOCK EXCHANGE. AND RANGE SINCE
.Closing
Miscel. Bonds. Jnw.'^s'; Price
^^Pertod. xvg. 8

JAN.

Range

1,

18904

since Jan. 1.

[

Bailroad and

Lotccst.

I

Highest.

113 Apr.
120 Apr.
lOliaJan.
103 Mar.
117 Apr.
67 July
104 Aug.

Nash. Ch. A St. L.— 1st, 73.1913 J A J 130 a. 128 July 133 Jan.'
1928'A A O 10834b.|l0034 Jan. 111 May
Consoi. 5g
102i4b.|10138 May 10459 Apr
N. \. Central- Extend., 58.1893
1903;J A J 127 b. 127 Aug. 132 May
1st, coupon., 73
lOSi^b.
110 Mar. 1131a May
..1904
1884.
M A S*
Dehcn, ds, coup.,
Apr
N. Y. A Uarlem— 78, reg...l900M A N,124 b. 124% May 128
93i2
93 May
97 Jan.
N. Y. Chic. ASt. L.— 4g....l937:A A Oj
1906'j A J 112 b. II212 July 117i2Jjin9>
N. Y. Elevated— 73
July 134%-ipr.
N. Y. Lack. AW.— Ist, 63..1921iJ ^ j 130 b. 131
110 Aug. 112 May
1923 F A A|110
Construction, 5s
I3412
Apr
13912 Jan,
ISUiab.
N.Y. L.E. AW.— lst,oon.7g.l920M A 8
1893 J AD* 107i.>b. 107 June II014 Mat
Long Dock, 78
0*120
119
May
b.
Consol., 6 g
19351a A
11221a Jan.
9838 Mai- 107 May
1969!j A
10234
2d consol., 6 g
N.Y.Ont. AW.-lst,6g...l914M A S 11268b. 1 1038 Mar. 113% Feb.
96 Mar. 101 May
9712
Cousol. 1st, 5 g
1939J
N.Y.Sua.AW.— Istref.,5g.l937lj A J 98i2b. 961a Apr. 10138 June
Midland of N. J.-6 g
19101a A O 115 b. 113 Apr. 118 Feb.
95 Mar. 9914 Juno
Norf, AW.— 100-year, 5 g. 1990 J A J OGia
North.Pac— 1st, coup.,6g.l921 J A J 11514b. 113% Jan. 119 Juno
General, 2d, coup., 6 g... 1933 A A O 115 b. 11034 Apr. 116 AugIO914 Jan. 1131a May
General. 3d, coup. 6 g.... 1937 J A D III34
North Pae. A Men.— 6 g... 19381m A S 109 b. I0414 Mar. llOiaApr.
No. Pacihc Ter. Co.— 6 g...l933lj A J* 10912b. 106 Jan. 113 May
OhioAMiss.— Cousol., 78.. 1898 J A J 11312b. 11314 July 117 Juno
OhioSoutuern— 1st, 6g....l921|J & D 107 b. 106'a June 11134 May
68 Mny
Geneial mort., 4g
67 a. 59 Apr.
1921m
193 J A J 76 a. 731a Jan.
Omaha A St. Loids- 4 g
80 Juuo
Oregonlnip. Co.— Ist, 6g..l910 J A D 10314b. 101i2Jan. 106 May
Ore. R. ANav. Co.— 1st, 6g.l909 J A J 110
109 Feb. 113 Jan.
Con.sol.,5g
1925|j A D 101 %a 10012 July 10418 Mar.
Oregon ATranscon'l— 6 g..l922iM A N IO6I3 10334 Jau. 10734 Apr.
Penn. Co.— 412 g., coupon .1921 J A J 107 a, 107 July llOUMar.
Peo. Dec. A Evansv.— 6g..l920|j & J 102 b. 101
Jan. 109 Apr.
1920iM A S 102 lab. 100 Mar. 1061a Mar.
EvansvilleUiv.- 6 g
2d mort., 5g
1926] M A N * 70 b
60 Mar. 74 May
Peoria A East, consol. 48..1940|a A O 82 a 3II2 Aug.
83 Juno
Income, Is
1990 April. 29
29 Aug. 341a Juno
Phila. A Read.- Gen., 4 g..l958 J A J 825a
SOI2 Mar.
87 Jan.
8OI2 Jan.
1st pref. income, 5g
1958 Feb.
62 Mar.
71
1938 Feb.
43 13 Mar. 5312 May
2d pref. income 5 g
535t,b
3d pref. income 5 g
1958 Feb.
49
Jan.
36
Mar.
431a
Pittsburg A Western— 4 g..l917 J A J 80
7934 July
83 May
Rich. AUauv.— Cou.,6g...l915 J A J116 b. 11512 Jau. II8I4 Juno
Consol., 5g
1936 A A Oi 90 b. 87 la Apr.
94 Juno
Rich. A W.P.Ter. —Trust 6 g 1897 F A A OSiaa 981a Mar. 103
Jan.
Con. Ist A col. trust, Dg.l9l4
7714a. 77
Mar. 83 May
Rio G. Western— l8t, 4 g...l939 J A J
09''8 Mar.
78 May
It. W. A Ogd.— Con., 53. ...1922 A A O 110
b. 107% Apr. 112i4Mar.
St. Jos. A Or. Island— 6 g..l925
107 b, 10434 Jan. 107% Apr.
St. L. Alt. A T. H.— Ist, 78.1894 J A J 110 b, IIOI3 Jan. 113
Juno
2a, pref., 73
1894
A'lioeiab, 10512 May 111 Jan.
8t.L. Ark. Alex.— 1 at, 6.^, t'st. rec.
86 12 Mar. 98% .May
90
28i2a. 27 14 Aug.
3238 .May
2d, 63, 1936, tr.recallasa.pd.
St. L. A Iron Mt.— Ist, 78. .1892 F A A 102
103 Aug. 108 Jan.
2d,7g
1897 M A N|108i2b, 106 May IO914 Feb.
Cairo A Fulton— Ist, 7 g.l891 J A J lOO^sb 100 July 103% Juno
Cairo Ark. ATexas—7g .1897 J A Dl 10614a. 10258 Jan. 107 May
Gen. R'y A land gr., 5 g..l931 A A O 95
9512 July
88 Jan.
Bt. I.. A San Fr.— 6g., CI. A.19111) .M A N 111
llSHFeb. 1 15 Juuo
1906
Apr.
11114 Aug. 115
6g., ClassB
A
1906
6g., ClaasC
111
112 May 11412 -Apr.
General mort., 6g
1931 J A J 110
IO9I4 Feb. 115 Juuo
B. P. M. A .M.— Dak.Ext., 6 g. 1 9 10
11778 Feb. 120 Mar.
119
lstcon.30l.,6g
1933! J
J'll9'4b. 11534 Jau. 120 Jan.
Do
reduced to 4 12 g
J 10014b 100 Feb. 10212 Juno
Montana Extension 4 g..l937
92 Juno
90 a. 8OI2 Jan.
88 la Juno
Ban A. A Aran. P.— 1st, 6 g.l 911)
70 b. 70 July
1926
l3t, 6 g
70 b. 70 July 90 Juno
125"'8
Juno
Bhen.Val.— lst,7g.,Tr. rec.1909
125iab. 113% Jan.
General6g., Tru8trec...l921
35%a 48 Jau. 00 '4 J uuo
So. Car.— Ist, 6 g.,ex coup. 1920
06 Jan. 100 12 .May
101 b
Income, 6s
1931
1 2 '4 Juno
7^2 Jan.
11 lab.
1909-10
So. Pac, Ariz.— 6 g
I0312O. 105
July 108 Juno
1905-12
80. Paciilc, Cal.— g.
116 b. 112 Ai>r. 115 Jan.
1938
1st, consol., gold, 5 g
101 b. 10013 Apr. 10333 Mar.
1911
So. Pacific, N. M.— 6 g
105 b 10514 Ju.y 109 Jima
Tenu. C. 1. A Ry.— Ten. D., 1st, 6g
96iab 90I3 Apr. 104% Jaiu
Birin. Div.. 6 g.
.1917
lOOi-^a. 9512 Aug. 103 12 Jau.
9634 .May
.2000
Tex. A Pac.— 1st, 5 g..
91 '8
9058 Jau.
4312 May
2d, income, 5 g
.2000
3912b. 37 la Apr.
.1924
Tol. A. A. A N. M.— 6 g.
103 b. 102 May 107 12 Jan.
108i4b, 107
.1921
Tol. A. A. A Gr. Tr.— 6 g.
Jau. Ill Juno
1 935
Tol. A Ohio Cent.— 5 g
108 a, 102 Jau. IO8I4 July
1917
80% .May
Tol. Peo. A West.-4g
Jau.
76
78
6 g..l916
rol. St. L. A Kan.
99 b. 971a June 101 Jan.
II8I2
Mar.
1899
Union Paciflc—6 g
11434
July
114%
Sinking fund, 8s
1893
114 b. 11218 Mar. 110i« Feb.
Il2i4.1uly
Kansas Paciilc- Ist, 6 g..l893
llOia
May
10858b
lst,6g
1896.
111 b. 110 Jau. II312 Mar.
Denver Div.— 6 g
Jan. 117% Mar.
1899'.\I A N 114 b. 113
l6tcon30l.,6g
1919|M
114'2b. II314 June 118 Uai.
Oregon ShortLlne—6 g..l922|F A A 112 b. 112 Aug. IIOI4 Jan.
Or.S.L.AUt'hN.— Cou.5g.l919lA A O 94
92% Apr. 95 14 Jan.
1937 M A N 10914b. IO6I4 May 110 Aug.
Union Elevated— 6 g
Virginia Mid.— Gen. m.. 5s, 19361
85 b. 85 Mar. 88 Hi Ayr.
stamped guar. 'M A N 86 b. 86I2 June 90 Apr.
do
Wabash -1st, 5g
1939LM A N ^91% 101 34 July 10514 Apr.
2d mortgage, 5 g
1939.11'
7818
78 Aug. 8618 Jan.
Debenl. M.. series B
1939:J
45 b. 45 Aug. 57 May
10658 Juno
103%b.jl03iaJnly
West Shore— Guar.. 43
2361J
West. N. Y. A Pa.— Ist, 5 g. 1937 J
99 b. 9214 Jan. IO214 Juno
May
.10
2d mort., 3g., 5,sc
Jan.
1927 A
29
34%b.
West. Un. Tel.—Col. tr., 5s. 1938 J
09 Mar. 1021a Jan.
I0014
June
107
Wheel. A Lake E.— Ist, 5 g.l926 A A O
Apr.
1021a
Wis. Cent. Co.— Ist, 5 g
1937 J A J 9858b. 96''8 Jan. 10414 Apr.
tncomc, 5 g
09 Ja".
1937'..
533i,b. 521s Aug.

the Kunge is

made up from

88
7014
2414
8212

AtL A fur.— \V.

M AS
M

Jan.

!

[Adams Erpr..
Amer. Expr...
Amer. T. A C.
Brunswick Co.

....
'

nighest.

1

8:iis Mar.
AtTop..<.P.F.— 100-vr.4g.l989'j A J 84=8
5418 Feb
litsa, Eept.
63
100-year income 3 g
12 Jan.
17
D. inc., 6s. 1910
1937iJ A J 77Jsh. 701a Feb.
Guaranteed. 1 g
C»D. Soiilh.— 1st guar,, 58.1908 J A J 106 b, 1C6 July
100 b. 97 Mar.
1913
2d, 58
CeutnilofN.J.—Cous. 7s.. 18991 Q-J IllTiab. 118 Aug.
1902
A N 1241.^1). 1241a Jan.
Coi)8ol.,78
GeneralmoriRttge, 6K...1987 J A J*|1107eb. 110i4Jau
Mar.
l«h.A\V.B..cou.78.,as'sd.l900: Q— M '11414b. 113
1912
A N,*104 a. 102 May
do mortgage, 58
IO7I2
10712
Jan.
Am.DockAluip., OS.... 1921|J A J
Central raeiflc— Gold 6d...l898'j A J )13ieb. 112 Jan.
1890 A A O 102 b. I0014 Apr.
I,andKrant6g
Ches. A'OUio.-.Mort. 6g..l911'A AO* 117i<a. llSiaJan.
...1939,M A N 10038b. 99'8 May
Istconsol. 5 g
B.&A.Dlv.,lstcon.,2-4g.l989 J A J! 71i«b. 69i2Mar.
July
l.itcon. g., 4..1989 J & J,*80i4b. 82
do
1989 J A J* 74 a. 67ifl Apr.
2dcon.,3-4g
Mar.
AlOfii^b.
108
1911|F A
Ches. O. A So.
6g
Chlo. Burl. A Q.—Cou. 7...1903'j A J* 12412b. 24 July
Aug.
101%
1913
N,I02
M
A
Debenture 53
1922 F A Al 92 b. 92 '3 Feb.
Denver Divi.sion, 48
91I3
91
July
48..
1927
14
Extension
«
A
Nebra.-4ka
Chic, A E. 111.— 1st, 8. f., 63.1907 J A D*116 a. llOie June
1934 A A O 121 b. 116 Apr.
Consol. 6g
General cousol. 1st, 53... 1937 M A N; 98 b. 95 Feb.
9934 Jan.
l8t, 5 g.l937 J A J 90i2b.
Chic. Gas. L. A
Chic. Mil. A St. P.— Con. 78.1903 J A j!*123 b. 12458 Jan.
l8t. Southwest Div.— 68. .1909! J A J113 b. II312 Mar.
Jan.
1st. So. Mln. Div.— 6s ....1910 J A J 113 b. 113
Ist.Ch.APac.W.Dlv.— 5s.19211j A J 1071a 10512 Jan.
Chle.AMo. niv. L>iv.— 5s 192G J A J101i4b. 101 12 July
Wis. A Minn. Dlv.— 5 g... 1921'
A Ji'104 b, 103 Jan
Terminal, 5 g
1914'J A J,n03 b. 103 Mar.
Gen. M.. 4 g.. scries A.. ..1989! J A J 91 a. 9138 July
Chie. A N. \V.—Consol. 73..191 5| Q F !*]38 b. 141
May
1902'j A D 12434b 12434 June
Coupon, gold, 7b
Binkingtuudes
1929|A A OillGiab. 114 Apr.
BiuklugfuudSs
1929lA A Oil08'.% lOOU Apr.
Sinking fund deben. 5s. ..193B
A N 10912b. 100 Jan.
25-year debenture 5s
1909jM A N;106 b. 10412 May
EitensIou4s
1926'F A A "100 a. 96 Jan.
Chte. Peo. A St. Louis— 5g.l928!M A S| 99i8
9112 Jan.
Chic.H.l.APac.— 68, coup.l917jJ A J' 128 b. 128 July
J1IO3I2
Extension A col. 3s
1934
103 Aug.
Chlc.St. I..A: Pitt.— Con., 5 g.l 932
A 010312a. 100 Jau.
Chic. St. P. M. A O. -OS.. ..1930
A DI120 b. 119 June
Cleveland A Cauton—5 g..l917
91 May
A J[ 94%
C. C. C. A I.— ConsiOl. 7 g...l914
A DViO b I30I4 July
General consol. 6g
1934
A Jil2Hsa. II714 Feb.
Col. Coal A Iron— 6 g
1900
A a! 103 b. 103 Mar.
Col. H.Val. ATol.— Con. 5 g.1931 M A S| 81 b. 73
Mar.
General, 6g
1904 J A D| 88
73 Mar.
Denver A Rio Or.— lat, 7 g.l900 M A > 116 b. 117i2May
1st consol., 4 g
1936 J A j! 8214b. 761a Jau.
Det.B.CltyAAlpena— 6g.l913lj A JlOO
99 Mar.
Det. Mac.AM.— I,'dgrant8.19n A A Ol 34 b, 33 Mar.
Dul. A Iron Range- 5s....l937lA A O 101 b 99 July
Dul. 60. Wh. A Atl.— 5g....l937 J A J' 9712b 92 Jau.
E.Tenn. V. AG.— Con.;5g.i956 M AN*il06%b 10312 Jan.
Knoxviile A Ohio— 6 g... 1925 J & Jllll b 1081a Jan.
Eliz. Lex. A Big San.— 6 g. .1902
95 a 9012 Apr.
FUW. A Denv. Clty-6 g. .1921 J A I) 105i2h 103 la Feb.
Gal.H.A San An.— W.Div.lst,5 g.
A N •93iab 93 May
Ban. A St. Jos.— Cons. 68 .. 191 •M A 6 116 b 116 June
Illinois Central- 4 g
1952 A A O 100 b. IOOI4 Apr.
Int. A Gt. No.— Ist, 6 g
1919iM A N 113
IO914 Jan.
Coupon, 6 g., trust rec... 19091m A S 79 b. 7314 Jan.
Iowa Central—] st, 5 g
1938 J A D 85 a. 85 Jan.
Kentucky Central— 4 g
1987
A J 84 a. 82 July
Kiues Co. El.— Ist, 5g
1925
A J 102 a. lomAug.
iacledo Gas— 1st, 5g
1919 Q-F
8OI4
80 Aug.
Lake Erie A West.— 5 g
1937
A J;lloi4b. 109 Apr.
Lake 8hore.-Con.cp.,l8t,7a.l900
A J 121 b 122 14 July
Consul, coup.. 2u, 78
1903
D123 b. 122% July
Long Island- Ist. con., 3 g.l931 Q-J 1112 b. 114
June
General mortgage, 4 g... 1938 J A dI 9414a.
94 June
IiOutsv.ANashv.- Con., 7s 1898 A A O'llO b. 115
M. O. A Mob.— Ist, 6 g.. .1930 J A J'llOMb. 115>4 Jan.
Jan.
2''''* K
1930 J A J 109 b. 106 Jau.
«. J", X,
K.H.AN.-lst,
Og
1019 J A D'113 b. 113 Jan.
General. 6 g
1930 J A d;H4 b. 113 Jan.
Bp-ycarag
1937
A K *106 b. 105i» Jan.
Collateral trust, 5 g
193]
106 a. 1041a June
Louis. N, A. ACh.-l8t,68.1910 J A
J I14iaa. 1121a Aug.
Consol., Og
...
i9ig A A 0,1031a
95% Apr.
Ixiuia. St. L. A Tei.18— 6g..I9i7
F A A'10014
9714 Feb.
Metro. Elevated— Ist, 6 g.. 1908 J A J;113l3
112
Jan.
2d, 6s
1899
A
N'107i8b 105''8 Feb.
Mich. Cent.— Ist, con., 78.. 1902 .VI A N1126
125 May
Consol.. 5»
1002
N!io8 b. 108 July
UU. Lake Sh. A W.— Igt, 6'g.l92l .M A
A N 12012b. 119>aJune
Exteii. A Iinp.,5g
1029 F A AI102
101 Jan.
Mllw. ANonh.— M.L., 0S..191O J A D
111 \s. 1091a June
1st, con.. 6a
1913 ' & D "109 b. 108\i Feb.
M.K.AT.-Ncw4 g., when Issued J A I)| 79I3
7512 Mar.
»ew 2d as, when issued. .
A D 50
431a Apr.
Consol., « g.. trust rec
1920 J A D 83
Jan.
_Consol.,5g..tniatrec....l920 J A d| 71 b. 7212
«o. Paeiflo-lgt, con,, 6 g.l920 M A N'lllOijs. 6II3 Jan
109 May
gifeutVex.:;i-^:}ll^ri^l$'Jt.^: 114>«Jan.
98% Jan.
July
MWoh!o'-New; eg::J|".i j t iJ i?J\ HiO
113 July
3714 Jan.

N. Y.

Ask

60
31a Laclede Gras.pf
Marshall Coal
80
70
H
Mary'd. Coal
13
"ih"
90 100
Minn. Iron...
8512 f8
SB's
New Cent. Coal 10
12
150 154
Ontario Silver : 43 14
115 117
300"'
Penn.
Coal
270
85
83%
3OI3 Ph.Nat.QasCo. 63
28
Quicksilv'rM/?.
7
1
4
do.
pref.
40
42
101 104
7OI4
Express..
11U.8.
71
25
t
IWeUsF.ACo.E. 14S
145
10%
I

2813

"pltt9.AW.tr.re

Mar.H.&Ont'D

Soutii Car. K'y
A O. Cent,
pref.
do.

JTol.

95
46=8

' 13
Peoiia&East.
;i
;Pitt8.Ft.W.&C 15o

Bid.
1

2^

Va. Midland...

!'Ore(!r.Iinpt.,pf.t
O.A'r..tr.i'en3.i:

Ask.

Bid.

Morris&Easex

!

Indicates actual sales.)

Aat.

60

"th\i

(t

[Vol. LI.

i

..llMcx.Nat. cert.
gij Mllw. A North.

c,

do,

Bid.

30 I'M.H.&Ontpfd.

4

Hous.&Tex.C.

107
37
'JVh HO
35
25

continued,

A»k.

A P.M....

Flint

2

.M.

& F. D pf

D. M.

Alb'nyASusn.i 171
Balt.iO. e.W.j ....

D09

-'

.

THE CHEONICLE

ifie

CL&

.

May
May
May
May

110 Feb.
10034 July
122 Jan.
128 Feb.
II3I2 Apr.
116 Jau.
105 Apr.

H0I2 June
116%M,ir.
1027e Mar.

118 Feb.
lOSiaApr.
7312 June

82
77

July

May

1131a Jan.

129

June

lOS's Apr.

96

July

9414 Aiir.
II8I2 June

121i2Jan.
100 Jan.
9812

May

129i2May
11634 June
11838 Apr.

109i4June
103% June
106 June
106 June
9634 Apr.
Jau.

144
129

May

117

Feb.
11012 Feb.
112 Apr.
108 la Feb.

lOlisJuno
9912 June

132 May
1061a June
IU6I2 Aug.
I23I2 May
97 Jan.
135 Feb.
I25I3 May
108 Jan.
8818 July
8912 July
119 Feb.
8412 June
100 Jan.
3912 May
10258 Mar.

101
108
113
104

May

10

May

1

Apr.
.Tunc

Jan.

93%

Apr.
Feb.
L0214 Mar.

121

llOiaMay

May
May
83% June

89
91

105
89

Jau.

May

112% Juno
128
128
118
99

May
May

July
Jan.
119% Mar.

121% June
11013 Feb.
Il«i2 Mav
1101.2 IM

ay

IO912 Juuo
110 Feb.
119 Feb.
105 Jan.

104
117
110
129

July

May
Apr.

Apr.
11112 Mar.
125 Apr.
IO514 Jan.
1131a May

113i4.May
82 June

55% May
8838 May

7612 Juno

MAN

'

AD

AN

I

MAS
MAN
FA

l>.

MANNIU

M

M AN

. .

. . .

C—

AN

1

a3tual_8»les only,

MAN

•

Litest price this week;.

'

AuousT

'mE CHRONICLR

0, 1880.]

187

BONOS-STOCK EXGHANUE qUOTATIONS ON FAIDAT UF TUE LESS ACTITE RAILROAD BONDS.
SECURITIES.

Bid.

BKCTRITIES.
Rnllrnad Bonds.
(Siorl.-

£. Tenn. Va.

Ailiuitli' .V Diiiiv.

«.. (in

— iKt

At:.* I'ac— iiiiW.

86

....1928

K-, l>s..l!)17

1907* 80

!>., (Til. «(..

(1lil((— iHt, On, I'urk li.

K>«lil

Rlv.-

Mo:ioii.

1st

(fit., ir.,

5».

1919

80
19Jt>
Jliiit. H. Tun. * W.— Del). 5«.l»i:i
Bniokhn liluv.— let, K-. Os-IB'-J-*! il6'

Civok— Ist.KoUl.-lx

B"iill

1915'

•J(l.;t,'.s

Aak.

I

!l

I'

I

I

1900 I15I9

2d, 6s

IO912
lOD^a
lii'J'*' *113

Gold, 5s, coujwu

llOij 120

96

C—

.

I

St.

101

Louis Division,

1st, 69..

.1921

1980
Chlc.&N.W.- K8e.AL..S.l8t,«8.1903rill
Nash v. A Decatur— l9t, 7s.. 1900
Des.M. A Minn.— 1st, 78. ...1907, "123
8. f.,6.s.— 8. A N. Ala
1910
Iowa Midland— Ist, 88
10-40, gold, 6s
1924
1900i"127»«
Peninsula— 1st, conv., 7s... 1898[ 120
Pens. & At.- Ist, 6s, gold... 1921
Chic. A Milwaukee— Ist, 78.1898 117 'US'*
Nash. Flor. A 8. 1st gu. 5s.,1937
yin. A8t. P.— 2d, 78
1907;*130
Loulsv. South.— 1st, g. 69
1917
Mil. A .Mad.— 1st. 6«
Lou. N. O. A Tex.— Ist, 43. ...1934
1905 117
Ott. C. F. A St. P.— Ist, 5s.. 1909
0914
2d mort., 53
1934
Northern 111.— 1st, 58
Memphis A Char).—6a, gold.. 1924
1910
2d, 33

!

I. A Pac— 1st, 21SS..1905
Des Moines A Ft. D.— Ist, 48.1905

Chic. R.

Ist con. Tenn lien, 7a
Mexican National— 1st,

Extension. 43

2d, Income, 6s,
2d, Income, 6s,

1905
Keokuk A Des M.— Ist, 5s.. 1923
Chic. St. P. A Kan. City—59.. 1936
ryi}"^S: ^^- ^*'-l8t. «., 58. .1934
OhIc.St. P.

Michigan Central—68
Coupon, 5s
Mortgage 4s
Jack. Lan. A Sag.- 6s

A Minn.— Ist, 68.. .1918

Paul A S. C. -1st, 68
1919 I23I3
A W. Ind.— 1st, s. f., 6S.1919 *
117
General mortgaee, 68
1932
117
Cm Ham. A D.— Con. e. t., 78.1905
i'24'
St.

Chle.

2d. gold, I'as

On.

A W.—

Pitts.
Plttfl.

A

«

—

—

•

w

lio price Friday; these
are the latest quotations

—

made

this

week.

RomeWat. A Og.— Ist

103is

M., 78.1891

45

SciotoValley

67
116

Shenandoah Valley- Inc., 69.1923
Sodus Bay & So.— Ist, 5s, g. 1 924

110

50

60

87'a

115
SS^a

50
80
106

86
108

*102

99
91
98
107
'104

HI

107

118
'118

100

•

AN. E.— l8t,4.s,1990

117>8

83
106
106
101

.

78

79%

. .

South Carolina -2d, 63

110

107
102

'

1931

65

'

80. Pac. Coast— 1st, guar., 4s. 1 937
95
TexasCentral— l.st, 8. f., 78...1909
1911' 45
l»t mortgage, 78
Texaa A Now Orleans- l8t,7s. 1905

Collateral Trust, 4ia»
C. Br. U. P.— F. c, 78

101

113

11413!
,

li

i'oo"

90
I

86
100
65

Oe"

!

1918 • 84
1895 lOOij,

Atch. Col. A Pac— Ist, 6.S...1903
Atch. J. Co. A W.— Ist, 6s.. .1905

U.P. Lin. ACol.— I8t.g.,59. 1918

51
51

•

86%

94is

92is
•

96
100

Oreg.S.L. A U.N.,col.ttst., 58.1919
96
Utah A North.— lat, 7»
190o '113

1926

Gold.Ss

5iii

Utah 9outhom—Gen.,78 ..1909 111

HI

Exten., Ist, 78
1909
iValleyR'yCo. of O.—Con. 68.1921
Wabash— Deb. M., series "A". 1939
No. Mi9.souri— 19», 78
1895 111
i

St.L.K.C.AN.— R.E.ABR.7S.1895 110

112'a

104%

111%

110
St.CharlesBr'ge— l8t,63.. .1908
West. Va. C. A Pitts.— Ist, 63.] Oil
Wheel. AL.E.(W.D.)—l»,g.,5s.l92» lOOifi ...—
;Hl»eellaiieouB ttuu<lM.
<"'«.— 1st 6s.... 1907 '108
Am. Water
1907 * 99ii
l8tcon.,goIa, 3s
Boston Un. Ga.s— Tr. cer. 58..1939
Cahaba Coal MIn.— 1st g. 78. .1907 loo's
Col. A Hock. Coal A I.— 6s, g.. 1917 100
lOnsol'n (Joal—Convert. 6.s... 1897 "100

W

I

•

Rich.

I

,

I

O?"*

A
A Ariz. Cent.l3t,69,g-191(;

05
2d income, 6s
..1910
40
A Dan v.— Debenture 63. 1927 IO414 104%
Equip. M. s. f., g., Ss
1909
ST^a
112
Atl. A Char.— 1st, pref., 78.. 1897
do.
Income, 68.... 1900 lOSHi

Prese't

. . .

1927 100
1891
59
1910 80
1921
87
Impr. A equipment, 6s
1922
Minn. A Pac— 1st mortg., Ss.1936
[Mlnii.S.Ste. M. A Atl.— l8t.58.1926
Missouri PaeiBc— Trust 5s... 1917
95
Mobile A Ohio— Ist ext., 6s... 1927 llO>a
St. L. A Cairo—4s, guar
1931
79
Morgan's La. A T.— 1st, 6s.. ..1920 111
IJIng. .V
gTra. —...«.
N. Y.-lst,
A -..
-^
±.
i»i, 78.19061
is. lyvio *132
Ist, 7s.;
1918 126
Morris A Essex— Isl, 7s.... 19141'
Nash. Chat. & St. L.— 2d, 68. .1901 108
145
2<1. '8..
jgyi 101!!(l
iNewOrleans A Gulf— Ist, 68.1926
Bonds, 7a
looo'
N. O. A. No. E.— Pr. 1., g., 68..1915
?*"' 1"^'!
190i: 126isll28
N, Y. Cent.— Deb. g. 4s
1905 102
J. Junction— Guar. Ist, 48.1986
D^I.AHud. Canal— Ist, 7s.. .1891 lom .... N.
N. Y. N. H. A H.— 1st, reg. 48.1903
l.st. extension,
7s
1891,
1104
N. Y. A Northern— 1st, g., 5s.l927
l**"-* "3
I'S'a
2d, 43
1927
iT\T- ^^
N. Y. Susq. A West.— 2d, 4ias.l937
76Hi
Allfony ASiisq.— Ist,gn.,7s.l906|*..
'l32
North'n Pao.— L. g,, con., g. 5.1989
92>j)
<™'"'-''"
190«
DIvid'd scrip ext
B^«I' TS"'
Kens.
A 8ar.-lst, coup., 7s.l921 120.9121
James River Val.— 1st, 6a.. .1936 idi"
Denver City cable-lst, 6s. .. 19oh: 'ioo 101
Spokane A Pal.— lat, Os
1936 108
Deiiv. A R. G.— lnip.,g., 5.a
85I9
lyajj
St.Paiil A N. P.—Gen., 68. .1923 121
i.nii. \n. A Ga.—l8t,
«•
78.. .19001*115
l.st,g.,68.1937 106
HelenaARedM'n—
'i.isiDnai 5s
1930
DuluihAMaiiitoha— ist,g.(isl036 107
•;" Ko'o- 5"
.;:::;i937t
Dul.AMau Dak.Dlv.— Ist6g.l937 106
In Alnip..g.,5s....
fcQ
ii)38,
CiBurd'Alen
Ist.lis.gold.loifj
.'

1922 *118
1932 120

Junction— 1st 6s
Mc. K. A Y.-lst 69

1923
A Gr. I8.— 2d Inc
Kan. C. A Omaha— Ist, 5s.. 1927
aSht
St. L.A. AT.H-2dm.lnc.78.)894
100
Dividend bonds
1894
Bellev. A So. 111.— Ist, Ss
x896
Bellev. A Car.— 1st, 6s
1923
80
Chl.St.L. APad.— l3t,gd.g.5s 1917
St. Louis 80.— 1st, gd.g 49.1931
106%
11838
do
2d income, 53. 1931
*126 130
Car. AShawt— Istg. 4S....1932
II9J2 120
St, L. A I. M.— Ark. Br., Ist, 7s. 1895
St. Lou A 8. Fran.— Equip., 73,1895
1931
Generalos
98
1st, trust, gold, 5s
1987
118
Kan. City AS.— 1st, 6s, g... 1916
Ft. S. A V. B. Bg.— 1st, 6s. .1910
35
St. Paul & Duluth— I8t,5s....l931
2a mortgage 5s
1917
St. Paul Minn A M.— 1st, 7s. .1909
2d mort., 6s
1909
Minneap. Union— 1st, 63
1922
Mont. Cen.— Ist, guar., 63.. 1937
89>4
East. Mum., 1st (11 V. 1st 53.1908
111
San Fiau. A N. P.— Ist, g., !5s.l919
110

l8t, g. 78

2d mortg., 78
Southwest Ext.— 1st, 78
Pacific Ext.— Ist, 68

120
95
110%
* 67
43
47
'

St. Jos.

103
105
100
75
90
40

I

"HO

Pitts. Painsv.
F.— 1st, 59...1916
Pitts. Y.
Ash.— Consol. 59. .1927

1891

Ashland Division— 1st, 68 ..1925
Incomes
Mino.A St. L.— la. £x.,l8t,7s.l909

1<)37

St.

,

1912 '108
Sabine Division, Ist, 63
Tex. A Pac, E. Div.— 1st, 68.1905 lOSSs
Third Avenue (N.Y).— Ist 5s, 1937 109% 114Ja
loo's
l!il5l 120
Tol. A. A. A Cad.—63
1917 104 106%
To). A. A. A Mt. PI.—63
1919 ......
68.1927
95
Union Pacifto— Ist, 6a
1890 HOig ii'dii
1917
1st, 63
1897 Ill's
1917
Ist, 6s
1898 II3I4
1909 120 1211s
Collateral Trust, 68
1908 105
1931 115
Collateral Trust, 5s
1907 • 98
1940

Mil. L. 8.
;onv. deb., Ss. 1907
Mich. Div., 1st, 68
1924

L.A Chlc.-l8t,g.,48.1936
100
Consol.,6s
J920
Cln. .Jack. A .Mac.-lst,
g., 5s!l930
65
:^^^- I-.Cairodiv.-4s, 1939
90
y.
L.A ..1. cm A Ind.-lst, 7s,8.f.l899 119 i'26"
uiisol. sink, fund, 7s
1914 •I30I9
aeve. A Mah. v.— (Jold, 5s. ..1938
Co orado Midland— Ist, g., 6s.l936, 108
Columbia A Green.— 1st, 63. 1916,
2d, 6s
1926
..;;;;
Del. Lack. A W.—ConTort.'7sil892
104 lal.
Mortgage 78
1907
I.

g.,

"A"
"B"

1898

2d,78

1907
1951

Inc. conv. sink, fund, ."is.... 191 6'
Dakota A (it. South., 5s.... 1916'

|

1934 lOOig
1024 109
1908
1957
98

189«
2d,guar..7s
Peo.AE.-lnd.B.4W.-lst,pf.78.190O
Ohio Ind.AW.— lstpref.58..193H
Peoria A Pck. Union- 1st, 68.1921
2d mortg., 4139
1921
Phila. A Read.-3dpref. convert
Pitts. Cleve. ATol.— 1st, 63...1922

i

Meinp Div., Ist g. 4s
1951
Dub. A 8.
2d Div., 78 ..1894
Ced. Falls A Minn.— 1st. 78.. 1907
1S9^ 112
lOoHs
Ind. D. A 8pr.— Ist 7a, ex. op. 1906
f., 63.1912
Ohie. Hurl. A Nor.— Deb, lis. ..1896;
Ind. Dec. A West.— .M. 5s..... 1947
Clilc. BurliuK. A Q.— 5s. 8. f..l901[ lOmllOa^
2d M., inc. 59
1948
Iowa Div.— .link, fund, 53. .19191 1(>7'4 108
Inter. A (it. Nor.— Coup. 68... 1909
Sinking fund, 4s
1919 95»f 95% ;iian. C.Wyan.AN.W.— I8t,5s.l938
Plain, is
;L. Sh. A M. 80.— C. P. AA.— 78.1892
1921 - 91
Chic. A Indiana Coal— 1st 5s. 1936
07 >a
Buff. * Er.— New bonds, 78.1898
Chi. Mil. A St. P.— lst,8s,P.D 189» 121
123
Det. M. A T.-lst, 79
1906
2d, 7 3-lOs, P. D
189H no's 120
Lake Shore- Div. bonds, 7s. 1899
1st, 7s, *(?., R. D
Mah<in'g Coal RR.— l3t, 58.1934
1902 123 126
1st, l.a Crosse Division, 7a. 1893 113
Litchf. Car.A West.- I8t6s.g.l916
1st, I. A yi.,7g
I,ongl8land— 1st, 7s
18971'118'i 120
...1898
Ist, I. A D., 78
W. Y. A R'way B.— 1st, g. 58.1927
1899 '118
1st, C.AM.. 78
1903|*
126
2d mortg., inc
1927
1st, I. A D. Extension, 78... 1908 123
N. Y. & M. Beach— Ist, 78.. 1897
Ist, La C. A Dav., 5s
N. Y. B. A M. B.— 1st, g., 5S.1935
1919i 102>2
l9t, H. A D.,78
1910 121 123>a
Brooklyn A Mont.— 1st, 6s.. 1911
1st, H. 4 I)., 3s
Ist 5s
lUlO IO2I2 103
1911
Chlcaeo A Paiitic Div., 68..1910I
120
Smlthtowii&Pt.Jcir.— lsV,78l901
Mineral Point Div.Sa
1910rl02 104 Is Louls.Evans.ASt. L.— Ciiu.5s.l939
CAL. Hup. Div., 58
Louis. A Nash.—Cecil. Br, 78.1907
1921 '100
Fargo A South., 6a, .Vsau...l924
Pensacola Division, (is
1920
78
2d. ituar. (188). 7s
Mlss.R. Bridite— 1st, s.
(3t>0),

Imp. A Ext., 6.S
Adiustnient M., 7»

Clev. *P.-Con8.,8. fd., 78.190»
4th, sink, fund, 6s
1892 102
St. L.V. AT. H.— 1st, 68., 78.1897 112%

i

2d mort.

119M 121

1932,114

AC—

1

A

..108

1931,

(is.

River, lat, 6»

Equipment, 5s

I

2d. 7»

Cent.Washlngton— lst,g.,ii«. I!)3ii

New

\[

et. I,. Jocks.
Cliic.— Iet,7s.l894!
1st. irnar. (504), 78
1894

Ciuurd'Aleue.gen.lst, g.,ti<.l!)38 *106

U9»a, Norfolk A West.-Geuoral,

Ciiueh Val. IstSs
Ogd. A Lake CHi.— 1st con. 6*. .1020
Ohio A -Miss.- Cons., 8.F., 7b. .1 898 IlSisllS
1911 123 123%
2d consol. 7s
1905 114
Hpringlleld Dlv.— Ist 78
1932
General 5e
ido"
Ohio River RK.— Ist, 68
1936 100
"92"
1937 91
idfii
General mort., gold, 5«
1921
Ohio 80.— Income, g., Os
ii9
Oregon A California— Ist, 6s. 1927
115
Oregon Imp't— Con9.,g.6s...l93i) *103
Oreg. KyANav.— Col.U. g..S9.1919
121
Poiin.RR.-P.C.A8.L.-lst,c.,7e.l900
Pitts. Ft. W.
144
1st, 7»... 19121912 *
142
2d, 78
3d, 78
1912

123

;

Bid.

Northern Piuilflc- (Continued)

Buir. * 8. W.— Mortg. 68.... 1908 100
JclTerson— 1st, gu. g. 5s
1900
Eureka Springs R'y— lst,68.g.l933
do
Consolldufd I9t.6«.1922 *11B'«
Evan. A T. H.— Ist, cou.s., 6s. 1921
Burl fed. Knii. <k No.— lKt,,S».190«i
Mt. Vernon— 1st 6s
90
1923
(.'onsol. A eollat. truBt.!J.s...l93-l
'Evans. A Indian.— Ist, cons. .1926 109
Mlun. A St. I,.— 1st, "8, KU..1927
iiFtlutAP. Marq.— Mort., 6s.. .1920
Iowa C. A West.— Ist, ?«.... 1909
Ist eon. gold, 58
1939 i'&y
Ced. Knp. I. V. A N., 1st, 60.1920
'iFla. Con. &Pcn.— Istg. 58....1918
1st. n*
1921
Oal.Har.
A
San
Ant.—
1st,
68.1910
Oentnil Ohio Reor.— 1st, 4>!is.l930
104>«i
2dmort.,7B
OS^
89
1905 94
Col.A fin. Mid --lst,e\.4i-.>a.l93i!
West. Dlv., 2d 6s
OS's,
1931
Cent. KR. A Bank.— Col. p.5«.1037
S2*' aa. So. A Fla.— Ist, g. 6.s
1927 95
eav.A \Vest.-lsteon.Ktd.5».19-'9,; 90
06>a
Grand Rap. A Ind.— Gen. 58. .1924
Out. of X..I.— Conv.deli., ti8.1U0H;*H8
100
Central I'ueinc-aold bds, 68, 1895; H>9>4 109>ai;GrccnB. *. A St. P.— Ist 6s.. 1911
2d Income, Ist sabs, paid
r.old hondK, t>s
1896 1 lO-s
Honsatouic- Cons, gold 58.. ..1937 105
1M»7| 1U'>»
Oold bonds, (is
112
N.
Haven A Derby, Cons. 5S..1918
Ban Jon'iuin Br., lis
1900
Doue.A Tcx.C— 1st, m. 1. 7s.Tr.rcc. 113
Cal. A Orek'on—»cr.B.6»...1892
115
West
Div. 79,Trust recelpts.1891
Mort. pdd r>s
1919
1st Waco A Nor.— 78
1901 107
We.st. I'acltlc— Bond.-', 6j.... 189!) •107
2d ra.Ss.M. I. Trust receipts.1913 1131s
Ko. K:.llway (Cal.)— 1st, 6a. 19071
Gen. mort.Os.Trust receipts. 1925
74
50.year .'is
193S '1«0
lUinols Central— Ist, g., 4s ...1951
Ches. A ().— Pur. M. fund, 68.1898 "HI
108
93
6». (Told, series A
1st, gold, 3I2S
1951
190S 116
Che.'t. (). A So. West.— 2d, 6s.. 1911
82
Springf.Dlv.- Coup., 63....189S
CliicaKo A .Mton— 1st, 7s
Middle Div.—Reg., 58
1921
1893) id.5% 107
BinkinK fund. 6s
C. St. L. & N. O.— Ten. i., 78.1897
1903 121
Louis. A Mo. River— 1st, 7s.l90O 116
l3t, consol., 78
1897
Bull. Kooli. & Pitts.— lien., 5».1937i 100
I921I •120
K1.CI1. A lMtl.«.— Int. 6"

BE0UBITIE8.

I

HI
Sd, extended, 4 His
1923,
1920' 116»»
4fh, extended, 5«
1928. '102
Bth, extended, 4«
1st, cons., fd. coup., 7s
19201 ISSij 139
1908
Bcorfr, 1st lien, Oa
141
B. N. V. & K.-lst, 7s
1916
N. Y. L. E. A wr-6ol. VrV,««'.1922 •106
Ftiudcd coup., Os
1960 90 >8
Income, 69
75
1977

1919'......
1929,* 107
19SH|*107>s
Con». luort, (told, 5«
100
Jl. A- i». .1. W., iHl, K.. 4I3B...I99OJ*

A

Ball.
6«.

Bid.

Oa.— (routtaved)—

83
Mobllo .ft Blrm.— Isi. k., St.. 1037
Alabama Central— iHt Us. ..1918
Eric— Ist, extended, 7«
1897 118
2d, extended, .>«
1919 117

KxrIiiinQt I'rktt.)

Alnlinnia Mlil.-lst.

Si

111

98iii 99%
111. Co.— lat, 58.1910
AF.— iBtOs
1905
98
Hackensaok Water— lat, 5s. .1926 105
01% Henderson Bridge— 1st g. 6s. 1931 110%
ISMll
..
Iron eteamboat Co.—«8
*
104
iNatlon'l Starch Mfg.— let, 69,1920
!Northweslorn Telegraph— 7s, lv»o4

111

Edison Elec.

59

lEqultableU.

..
People's(iasACoke<l8tg.6!i,1904
94
Oi^
Co., Chicago
J2dg.69,1904
iPhlladelphia Co.— 1st s. f. 6s. 1898
1875-190C :114>»1.
liWest. Union Tel.—7s.
iVl%l Woodstock Iron— Ist, g. 6s... 1910* 1)0>t ....„
. .

.

.

Baltlmorj>.-Below
ODoUtlonsio Boston, PhUadelnhiaand
bonds not generally quoted
.?e quSteUoM of actiWatocfa and
month.

A

N Y

given the 3d Saturday of each

full lUt JB

Bid.

SECURITIES.

BOSTON.

60
Schnrlkill
im Little
MiuehillA S. HaTen...60
28>)

100; fW
Boslon * Albany
100 ' '". „„o
Boston A Lowell
100 *0«'a208
Boston A MMre
Boston A l'roviilence..00 2B5
^«
Central ofMttssachs'talOO

H

.^l^'^^^rfANoVth-n. SSOtilc.
hlC.AWo-.tMlch....lO0 ..--•
CailC.

AWont

60

Snninilt llranch

47
62 >«
62 V
68 -a

62 >B
"ei'H

65 >4 "siK
70
6«
87
86

NtBQuchoniug Valley. .60
50,
Northern Central
North Penn8ylrania....60i
60
Pennsj-lvania
"-."
gy

A Clev..coni.6<' 279 >« 9H
CJevelaml A Canton ..100
27
36
100
Preferred
Connecticut APansumlOO lie
123
S
100
Blver
Conned lent
Detroit Lans. A Nor... 100
1*'0
Preferred
100 171»ii 172'i
Bastem
100
Preferred
91
100
ntchburg, prof
28
FllntAPere Marqu't.!.10O
96
100
Preferred
Kan.C. Ft.Scott A M..100
K. C. MeniBh. A Bli-mlOO
LoaliiT.Evnil8V.AStL.100
t-9
100
Prefened
100 152>3
Maine Central
Man> hesl erA LaWnce 1 00
100 112 >.
Mexican Central
K. Y.ANew Eng.,prcf.l00 ISO
100
northern N.H
Ogdens. & Lake Cham. 100
100 172 173
Old Colonv.
Ports. Gt. Falls A Con lOU
Portland SacoAPorts.lOO
100
Rutland
71
100
PrefciTed

Western N. Y.APenn.lOO

10%

Allegh.Val., 7 3108., 1898
Inc., 78.end.coup., 1894..
Allan. City, 68, 1919MAN
BelT. Del., Ists, 68,. .1902
Catawissa, M., 78, 1900...

104 >«
104

BONDS.

Char.CIn.AC.,58,1947.0-J
iClearfleldAJeff., l«t, 68...

2d, 78, reg., 1910...

MAS

Cons. 68, reg.,1923.JAD
North Penn., Ist, 78.1896

42

Mechanics'

11

Greenwich

30

Pacific

Republic
ChathBiu.

136

134W 136 '4
ll&>a

JAD HOU

128
108
130
128

114

108'.
4i5iB,Tr. Loan,1913.JAI)
Perklomen, Istse. 68, *18. lb2>i 103

Phila.AErie, Gen.5s.lfl20

Bur.AMo.Rlv,l.g.7»,.lHl)a
Bnrl. A Mo. Riv. in Neo-

113S

Gen. m., 49, ll'20..AAO 100 101
Phil.ARead., 1st, 6s, 1910
Eiempt, «8, 1918.. -JAJ llSb
AAO iim ni'4
2d, 7s, 1893
Non.eiem. (is, 1918 JAJ
131
Consol. 7s, 1911... .JAD 129
Plain 4b, 1910
JAJ
119
Cona., 6e, g., 1911..JAD
Ch.B.AN. lst5s,1926AAO 102H 10
10414
AAO
1897.
g.,
109
Imp., 68,
2d»8, 1918
JAD
102'» Cou., 58. 1922 stamped) •mo
Deb. 68, 1896
JAD
Phil.W.AB.,48.1917.AA0 •1001* 100»4
94
Ch.AW.Mich.,gen.68,lfl21
iPitts. C. A St .L., 79.1900 117
Con. of Vt, 58, 1913 ..JAJ
Dlh H2
Pongh. Bridge, 68... .1938
Cnrrent niver,l»t,58.1927
iSchUTl. K. E. 8., 68. .1936 106>9
Det. LauH.ANor'n, M. 78.
Eastern, Mass.. 6.s, 1906..
126's Steuiieu. A Ind, Istm.Ss
UnltedN.J.,«8, 1894 AAO 107
Tree. Elk. A M, v.,.lst,68
Cnsfdl8t,09,1933.AAO 119 I2II4 Warren A Frank., 1st, 78. 107
West. Penn., Pitts. Br,6s. XOi
5- C. Ft. ScottAMem., 6s liSlj
ConsoL. 4s. 1928... J AD
99
M. C. McmphLsABirm., 5s
c

I

BAL,TI(nURE.

A

K. C. St. Jos.
C. B, 78..
K. C. Cllu.
8jmngfl'd,58
Little RoikAFt. Smith. 7s

A

STOCKS,

9»'i|Baltimoro
Ist, pref

Lonlsv, Ev.ASt. L.,l8t,
2m.,-.i-6e, 1330. ...iAO

A

Par,

t

100 IOS'4 104 "a

Ohio

Peoples'

North America.

Hanover

1

!

iCin.

PBILAOELPIIIA.

Wash.

A

Bali, 1

A Nor., lata

ts..

58-. 101*4 102
6b, 1904.J AJ
A, 1926
JAJ*
liio'
Cata-wisKa. Ist.pref.
!Seau'd A Ro'nke, 68, 1 926 ....
60
58«s
Del, * llouuil Brook.. .100 172
i7S IWest. Md., 3dgu.,68.1900 117
Sast I'enusylvania.
West Va. Cen. 6s
1911 108
50
HunWng'nABroad To p.50
32 'Wll. CoL
Aug., 68, 1910
'
week.
Ex.divldeDd.
vrlce
this
share!
Last
t
t

Ga. Car.

STOCKS, t
Par,
Camden A Atlantic, pre f. 60

Nor'n Cent.,

.....

68, Ser.

,

.

A

N. ¥. and Brooklyn Gas Securities— Brokers' Quotations.
Ask.

Bid.

GAS COMPANIES.

|

People's (Brooklynl

Brooklrn Obb- Light

WllIlamBburg

Ou-Llght

,

I

Bid.

1

95

Ask
100

,131

Bonds, 68
1108
Metropolitan (Biooklyn).. 108
Municipal— Bonds, 7s.Fulton Municipal
144
Bonds, 6s
100
Eqol table
127
BondB, 6s
108

Bonds, 6s
Consolidated Qa«
Jersey city A Hoboken.
Metropolitan— Bonds

110

'

Y.)

Bonds, 68
Nassan (Brooklyn)

147
106
180
112

Scrip..

Stock Exchange— Unlisted Secarities.

BXCUBITIK8.
Alabama

A

Vlcks

do.
do.

do. consolsdo. 2des...

SBCURITIX8.

Bid. Ask.

37
95
80
43

921a

70

Bid.

L.N. A. AChic.(C.41.)lst68
Loulsv, St. Louis A Tex..
MeciplilsA Cha'st. consols
Max. Nat.Con8truct*n Co.

,

3,

Newp. N.A Miss. Val
M.Y. W.S.A Bair

ist, 7b, 1907

BuMkljrB BlsT'd—atook..
Wttttrata Pacillo
OBfilraaU A Springt
OnntOGk Tunnel
1st lncon)e48

Oontlnental Con. A Imp.
do. Trusteed stock

A

88

M

12>«
1

26

20
7

inu
Oonsol. 6a

32 >3
8
lll>all2

__.... r'78'a....
""
23
Kanaw UaAMlch.InLctfs. V
do
Ibu, luterlmctfa
70
KMlyMoloi
4
6

Inoome68

LltMe R.

A Mem. IstsS

Y. A Qreen'd Laka, 1st
3d mort
.

N. Pac. P. d'Orellle DIt.
Do.
Mo. Dlv., 1st 6s
North RlT.Oons. Co.scrlp,

600,0
600,0
760,0
600,0
600,0

Nassau
Market

A

Fulton.

St. NlcholBfl
Leatlier. .
Shoe

Com

A

1,000,0
1,000.0

Exchange....
Continental

300,0

Oriental
Importers'

A Traders'

l,600,r-.(,000,0

Park
North River
East River
Fourth National

240,0
250,0
3,200,0
2,000,0

Central National
Second National
Ninth National
First National
Third National

300,0
760.0
600,0
1,000,0

N.Y. ^ at'l Exchange
Bowery
New York County
German. A nieri can
Chase Nitloual

300,0
260,0
200,0
760,0
600,0
100,0
200,0
200,0
600,0
800,0
200,0
160,0
300,0
300,0
600.0
200,0

—

Avenue
German Exchange
Fifth

Germania
United States
Lincoln
Garfield

ruth National

Bank of the
West Side

Metrop...

Seaboard
Sixth National
Western National

8,600,0
300,0

First Nallonal.B'klyn

1,343.1
1.260.0
2,422,3
1,033,0
3,113,5
275,7
7,148,2
613,9
704,2
320,9
133,0
131,9
612,0
321,4
427,8
3,446,0
2,995.4
844,9
1.641,1

865,2
364,8
921,7
674,0
288,1
644.1
1,459.6

273,2
S.01.0,0
397,5
3,760,8
2,880,0
208,5
4,204,8
697,1
1,90:),4
121.1
250,1
2,673,0
6,588.1
1,162,6
307.0
4,663,3
2,172,0
386.1
4,680,5 20.244,0
2,416.6 20,094,7
3,117,6
122,2
1,234,4
133,9
1,542,0 18,9B5,G
7,009,0
510,6
4,184,0
301,3
5.156,9
292,9
8.314,9 22,148,9
6,895,1
246,6
1,472,4
149.1
2.376.0
469.7
2,819.4
447,9
2.723.6
258,4
866,9 10.225,4
4,680,4
776,9
2,965.4
446,3
2,760,7
418,8
4,460.1
493,8
3,385.1
276,8
3.264.1
324,3
1,760,;
294,4
4,292.4
638,7
2,078,0
353,8
3,146.0
164,7
1,435,0
388,1
179,6 10,152.3
3878,0
732,8

11,260,0
8,300,0
6,387,3
7.341,0
12,525.3
4,360,0
10,880,3

1,212,0
187,7
1,529,3

1,982,9

17,036,2
3,781,0

447,3
408,2
81,8
409,0
101,8
234,9
42,5
214.8

421,5

1,215,0
2,437,6
S04,6
759,1
268.7
872.1
888.7
213,9
639,7
891.1
ld2,7
163.0
322,6
246,7
114,5

2,395,6

927.9
259.6
634,2
3,494.'i

490,2
527,1

234,8
l,05,=i,3

119,9
430,0
963,2
619,0
128.3
4,373,0
2,698.1
155,8
202,5
4,211,4

362,0
216,0
701,3
404,8
1,483,9
2,792,7

132,6
84,7
1,739,5

1,262,0
1,134.0
1.149,2
4,846,9
1,219,8
174,8

670,0
611,0
644.6
2,274,4
1.178.5
183,41
219,0|
1,200,9'

791,0
107,0
343.S
968,2
828,1
115,3
146,0
115.2
121.6
964,0
125,4
508,0
394,3
67,1

323,4
26i,7
225,1
254,2
194.0
415.0
49.0
400.5
204.0

488,4
678,3
461.1
967.8
330.0
792.0
181.0
1,911.8
989,0

3,965.4
1,846,1
3,118,0
1,135.»
2,658.4
1,418,S
2,873,9
16,084,0
14,336,9
4.474,6
8,030,1
3.008.0
11,493,0
6,9d&,l
3,061,4
4,775,8
14,370.7
3,964.0
2,787,0
3,643,0
4,660.1
1,761.3
3,093,0
6,966,6
5,091,3
2,110.0
21,298,9
23.064,3
2,405,4
1,086.4
20.309,9
7,704,0
4,943,0
6.638,7

31,833,9
6,669,3
1,327,3
2,678,0
3,073,4
2,886,1
13,072,7
6,008,3
3,367,3
3.266,0
6.385,7
3,544.7
3,894,7
2,063,4
4,936,3
2,097,0
4,386,0
1,196,0
8,848,7
4,091,0

60.812.7 59.987.1 401,660.9 80,367.6 32.570.9 415.916,»

Total
Capital

2d ace. int. cert
.,
Ocean SS. Co.— Ist, guar.
Pensaoola A Atlantic....
Postal Telegraph—Cabla.
Bt.L.Ark.A T.Ist 48,W.L

Babkb.

"
"

7SH 74

<

A

west...

18

73>i

19
191a

100

Depo»tt$,i ?irr.''-n 01«trttici.

19.... 121,339,2 402.336,4 76,800.0 32,369,0 414,2'i6,4 3.70.'.2 650.872.5
26.... 121,;<39,2 400,030.» 75,549,9 32,726,1 40S,88;,5 J.ul)6.-1 587.784.3

July
••

19....
26....

Aug. 2....
PhilR.*

4,801,3 13l.652.» 3,221.7
4,863,4 129,567,7 3.-.S25.e
4,444,1 129,676,2 3,210,0

[64,685,4 154,760,2 10.159,0
64,686,4 166,846,4 9,748,2
64,636,4 166,036,9 9,081,1

98,420,6
91,053,5
98,837,3

97,368,0 2,134,0 180,156.1
25,487,0
98.886,0
97,047.0 2.130,0 165,897.3
98,723,0
25,r'9?,0
»6,2i'i,0i2,128.0 63,283.5
25,128,0
68,844,0
* Wl antic MOO cipturi in aU thut llvure$.
t Incladliu. tor Boston and Phil a
da pnla. tha Item " due to other hanks."

July
"

19....
26....

Ang.

,2...

86,793,7
35,793,7
35,793,7

City Railroad Securities— Brokers' Quotations.
Atlantic AT.,B'klyn.St'k. 180
Gen. M.,59, 191)9. ..AAO 107
Broker St. A i ul. F. -Stk. 24
1st mort., 78., 1900-.JAJ 113

A

7tliAv.--8t'k..
1st mort., 58, 1904 .JAD 105

Br'dway

68, 1914. ..JAJ
'a4
8'way let, 68, go
2nd 6e, int. as rent., '06.

2d mort

105
106
93
173
106
108
155
119
120
117
140
106

,

Brooklyn City- Stock
let mort., 68, 1902 .JAJ
B'klynirosBt'n 6b., 1908
Central Croastown— St'k.
1st mort., 68,1922.
Cent. Pk.N.AlS.Rlv.— Stk.
Consols. 78, 1902 ...JAD
Dry Dk.K.B.& Bat'y— Stk.

MAN

1893..JAD

Drv Dock E. B'y A B.—
108
27
116
216

Bowery

Broadway... 382
Bntcbs'ADr.
140
central
276
Cbase

Continental
Corn Exch... 346'
111
Deposit
Bast Klver..
llth Ward...

220

423

A Gr'nd St. F'ry-Stk.

M&S

118

Hon9t.W.St.A P.F'y— stk.
Ist mort, 78, 1894.. JAJ
Ninth Ave
Second Ave.— Stock
l8t mort, 68, 1910.MAN

200

1st mort., 68, 1910..
2d M,. income, 69

175
106
110
160
122
126
120
146
107

Fifth
first
First N., S. I.
14 th Street.. 170

210
143

Manhattan...
MarketA Ful 230
Mechanics'. 216

Fourth

170

Sq..

M'chB'ATre'
IMercantile...

\

226"

Merchants'. 158
Merch'tB Ex 127
8»j
Metropolitan
Mt. Morris

Murray
174'a'|Saesan

110
121
12K
107
106
27fr

110
360
107

Atk-

-

iVo"*

159
N. America.. 190
North River.

376

Hill

170

160
200

Orienul
Pacific

Park
People's

Phenlx
Pioduce Ex.
Uepublic
191^1 Seaboard
Second
Seventh.

313
350
141

320
i'4»"

i90" 196
168^1

320
140

SboeALeath. leo
Nicholas. 125
SUteof N.Y. lit

St.

117

Third
Tradesmen's. iio"
Unlt'd States

IMetropollB.
,

46
116
60

360

Ninth

Madison

j

Bid.

N.Y.NatEx.

:>io

nttbAve.... 1600

260

N.Y. Coilnty.:550

Greenwich... 145
Hanover
345
Hud. Klver.. 150
Im. A Trad's' 566
6000 Irving
Leather Mfs' 253'
176" Lincoln
..

i'ii"

102
225
109

prices this week.

BANKS.
New York...

Germania

206
189
144

JAJ 59

109
118
124
105
200
Sixth Ave.— Stock.
Ist mort., 7s, 1J.90..JAJ 105
200
Third Ave.— Stock.
JAJ 109
IstM., 59, 1937
Twentythlrd St.— Stock..
106
1st mort.. 7s, 1893

German Am.
German Ex.

76

240

iBlmort., 78, 1893. AAO, 108

Gallatin
Garfield

161

100
215

42dSt.Mauh.A 8t.N.Ave.| 43

BANKS.

215
America
Am. Exch... 160
Aabory Park

FAA

S'crip6B

Blghth Av.— Stock.

EighthAv.— Scrip,a9,1914 105

Bank Stock List^Latest
BANKS.

170
ClUMUS'
'.^00
Colambia
Commerce... 200
89

IavUm.

Specie.

Aug. 2... 120,799,8 401,560,9m0,3(»7,6 32,670,9 410.915.8:3.633,4 612,504,1
Buaton.'

City

2<1 4a, W.I
do.
42
do. Tr.rec
s.allasBt.pd.
1212
St. PanlE.AOr.Tr.,lst8s|l02
104

Toledo Paoria

Lo«n>.

chemical....

3<l

(K

«
9
$
$
N. Yorlt."
July 6 ... 121,339,2 404,624,9 76.448,0 30,975,3 414,305,4 3,771.1 673.527.8
"^ 12.... 121,339.3 402,982.0 79,255,4 31,011.0 415,933,3 3.781.0 632 917.4

Chatham

26
Tol. St. L. A K. C
-18
74 Hi West. N.Car.-Coa.6a....l 97

32
I

indicates aotual sales.

17

O.I.AW.— 1st accintcert.

A

Owrtla Pao.-atook.

16

018 N.Y. Loan A Impr

O'le

Cattle F. Co.. •46
At.— 8tk.
7

Snl. S. BUore
Pr«f

1,000.0
600,0

Irving

lit mort., 78,

An. Bank Rote Co
41
23
Am. Cattle Trust
16"» Mo. K. A T. new 4s, W. I.. 79it
14
An. Cotton OH C»
do.
id certs., W.l. 60
23>a' 36
Ao,
pref
63
66
do. pref
36
27 »
Am. Pig Iron Stor'ge war.
Mt. Des.& East Sh. Ld.Co. 0-76
100
AU. A Char. Air Line...
N. O. Pac. Land Grant... 36
27

Distilling

—

Cltizecs'

P^

New York

460,0
200,0
700,0

6.471,r

8.939,0
12,473,2
4.738.0
9.451,"
2,006,3
22,946,2
3,323,0
4.886,1
3,056,9
2,796.0
1,210.8
3.074.0
1,331,7
3,580,1
1P,828,0
18,107,7
5,607,1
7,423,4
2,759,2
10,483,7
6,466,7
2,371,2
4,584.5
13,468.u

770,0
392,0
388,6
442.0
882.1
114,0

I

.

MntnalCN.

423,7
1,600,0

100,

lis
2dpr«
100
i2»<
60
..Central Ohlo.com
Mar. H. A Ont., Os, 1925..
• 20
ibo"
Col.
A
Augusta.lOO,
ib's'l
Char.
Exten. 68, 1UW3
JAD
12
IS-a
50
Mexican Cen.,«s,1911 JAJ 71V, 72 Western Maryland
RAILROAD BONDS.
34
»t<
1st, con. tnc, 3s. 1939.
12i
26 At! A Char., 78.1907.JAJ
2d cons. inc. 3s, 1939....
24
NTY. A N. Eug., l8t, 78... 124K 124 •« Income, 6s 1900.. AAO 106
Ist morl., «s, 1905. JAJ 116
Bait. A O., 48. 1935. AAO 101
Sdmort., 68, 1902 .FA \ lOd ice la, Consol., 6b, 1988.. .FAA
2dm., scaled, 5», '02. FAA
Bait. A O. S. W., 4 lis J « J
Ogden.AL.C., Inc.08,1920
Cape F. A Yad., ser. A,68, 105 \, 100
Butlaml,l8t,6s,1902MAN
Cent. Ohio, 6b, 1890. MAS 102 111
Char.Col.AA., l»t,7«,1895
:i09
2d, 6s, 1898
FAA

GAS COMPANIES.

6,000,0
1,000,0
1,000,0

Mercantile

117

68

1,200,0

American Exchange.. 6,000,0

2,720,0
1,600,0

844,9

•

*

10,860,0
8,912,0

1,809,9
2,013,6
633,2
2,331.3
66,0
6,289.4
125,6
1,502,8
287,5
237,8
117,0
682,6
74,6
448,2
1,898,8
3,227,4
1,589,7

eatet.

LegaU. DtvotiU,

•

1,659.3
1,419,4

200,0
300,0
600,0
300,0

Commerce
Broadway

93'

84% Pa.&N.Y.Ca. 78,1906JAD 129
....
Consol. 68, 1939. .-AAO

A Traders

Leainc' Mauufact'rs
Seventh National
State of New York...

llii

Wi»cou«iuCenlr'l,prefl(jO

RAILROAD BONDS.

Gallatin National....
Butchore' A Drovers'.

111

At.Top.AS.F. Gen.4»,J AJ
Income, 5«, laSO.Scpt.l

—

Merchants'
Mechanics'
America.
Phenlx
City

229>o
61 •«

Gen, mort., 78,1903. JAJ
N.Y.Phll.A Norf.. 1st, 68. 107
Income, 68, 1933. AAO 129
Penn.. Gen.6s,r,1910AAO 127
Cons., 69, c, 1905..
Cons., 58, r.,1919. . .Q-M

3,000,0
2,060,0
2,000,0
2,000,0
3,000,0
1,000.0
1,000,0
750,0
300,0
600,0
1,000,0
300,0

Manhattan Co

5S"b

1900-04..
Del. A Bd. B., l8t,7s,1906 129 H)
116>3
jEaston A Amboy, M., 58
il9'
'Elmira A Wllm., L^t, Rs.
«
IHnnt.AB.T., Con.f 8,1895, 102
108 "a
LLeh.C.AN.,4ig8,1914.(l-J
6s, gold, i897... 16 JAD il3'>i
Consol. 7s. 1911 ...JAD 128>2
Leh.V., iBt, 6s, ISg-i. JAD 114
6b,

Bank of New York

week ending Aug

Spce<<.

<

Tradesmen's
Chemical
Merchants' Exchange

34 -v

West JersevAAtlantic.SO

ConnecUng.

OavitaL SurplM.

Ask.

^i-l^^r^^^'>"'±:':^
" SS"J.!l2tJ*i;»ntic.50 'IV

Cln. Sand.

Banks.

for the

We omit two ciphers (00) in all

as follows.

(COS omitttd.)

Hnnt. A Br. Top. prof. . .60
60
Lehlgn Coal A N»»
60
Lehigh Valley..

„

Atch.T0pekaA8.F0.

'

[Vol, LI.

New fork Citj Bank Statement
2, 1890, is

_

Bid.

SECURITIES.

Ask.

I

PM.I
STOCKS, t
?2* 227
Amer. BellTeleiihone-lOO,
00*
U^.

Oltlzsna'

.

.

THE CHRONICLE.

168

fn

.

107 "» 108^
Western
West Side...

J

AuociT

1

!

THE CHRONlClJi

9, 1800.

169
Lalett Earnlngt Reported.

Week or Mo

A Ind. 3d wk July
CIn.K.AKt. W. 3dwk July
Other lines
[3d wk July
Total all lines. i3<l wk July

Qr. Rail.

The Investors' Supplement, a pamphlet of 150 paget,
contains extended tables of the Funded Debt of States and
Cities and of the Stocks and Bonds of Railroads and other
Companies. It is published on the last Saturday of every
other month— viz.. January, March, May, July, September
and November, and is furnished without extra charge to all
regular subscribers of the Chroniclb. Extra copies are sold
to subscribers of the Chronicle at 50 cents each, and to otliers
at%\ per copy.
The General Quotations of Stocks and Bonds, occupying
six pages of the Chbonicle, are published on the third
Saturday of each month.

.

.

.

.

Wk Auk

Qraud Trunk

Wk July26

Det.Or.H.A M.

Gr.B.W.ASt.F. May
Gulf A Chicago. June

HousrttcMdc
May
Huiue.sl'nAHhcn Juno

Juue
Cedar F.&Min. June
Dub. A Bio'xC". June
June
Iowa lines

Iowa Central...
Iron Railway...

K.Wo
KanawhaAMlch

J'k'iiv.T.A

ASp
K.C.F.8. AMem.
K.C.Mem. A Blr.
CI.

Kentucky Cent

May
May

A'leKhpnjr Val..

AnDistou ikAtl.
Aimiston & Cin. June
Atfb.T. &S. Fk. 4thwkJ'ly
Half owiieil ... 4tb wkJ'ly

1890.

221,932
5.458
11,283
79S.847
40.36'.'

.

.

.

Atlanta Jk C'Uar May
Atlanta &. Flor'a June
Atlanta* W.Pt. June

1

.

Atl. & Uaiivilte June
B.&O.East Lines June

15,355
6,498
26,503
45,000

l,-t92,217

We.stern Lines June
418,372
Total
June .... 1,910.569
Bal.A-O.Southw'. 4th wk J'ly
67,674
Bait. * Potom;vo June
143,451
Beech ('reek
June
85.70:
Bafl.Roth.\Plti 4th wk J'ly
64,14.'5

Bur.C.Rai).&N. 3d wk July
Burl. & Nnrthw. June
Burl. & Western June

Camden A Atl. June
Canadian Paclfli' 4th wk J'ly
Op.F'r&Ya<l.Val June
Cen.KH.A UcCo May
Central of N. J..
Central Pacific
Central of 8.C..
Centr'lVerni'ntt
K. Loudon NoiOgd.A-Lak?('h
Char.Cin. & Chte
Charlest'n JsHav
Char. Sum. & No.

June

52,866
5,628
4,065
77,909
440,000
31,56-^

535,152
1,196,'206

May
May

1,374,295
7,532
100,898
v<rkJiiue2S
12.113

Wk

Ausra.

\V'kJune2'<

l.'i,229

May.
June

3.-),233

May

4,01
29.0.»0

Chatfa'BaUarn June
Ohemw. & Darl. June

11,222
6.729

W

4th wk J'ly

20a324

June

153,218

>lay

to

KiuKst'n

1890.
I

•"

12,371
14,924

40,689
1,916

22,559
10,101
4.3S9
200.113
152.322

49,430
367.293
22,017
171.361
54,616
47,858
4,182,362
931.678
29.289

4th WkJ'ly

June

.

323,667
12,899
11.5,fl69

51.752
38.297
3.186.656
940,814
29.918
1,213,902
15,346,526
1,438,202
13,086.310
11,110.790
30,879
135,928

.

Empire Ai)'l>Huj,iae
Evau8.&lmJ'plli, 4tk WkJ'ly

«van«T, A V. H. 4th(vk J'ly
ntehbiu-f
May
J'Unt.AP.Maj'q. 4th w* j'ly

nor.Ce»t.AP

3«|w*luly

Liucolu

60.47-1

44.89:t

139.019

111.349

6'),89'2

2,911
9,365
a3,878|
S20.361
«8.23«'
17.778

27'2,035

Louisv.ANasbv. 4th
Louis.N.

AACb.

4th

780,096
28,424
303.113

Lou.St.L.ATcx. 1th

Louisv, Bouth'u. June
I^uchh.ADur'm June
Memphis A Chai^ 3d wk July

tMeiican

Cent... 4tb

JMex. National

wk J'ly

4th WkJ'ly

.

(.Mexican R'wav Wk June 28
lail.L.Hh.&West 4th WkJ'ly

A No 4th WkJ'ly
Mineral Range.. June
Mluneap. ASt.L. June
Milwaukee

June

M.at.P. A8.8.M.

Mo. Kan. A Tex. July
Mobile A Oiiio.. July

MontereyAM.G June
Nash. Ch. ASt.L. Juue
Nat. Red R. A T. Juno
NewBrunswick. May
N.Jersey AN. Y. May
New Orl, A Gull June

N. Y. G. A H. R July
June
N. Y.
N. Y. Pa. A Ohio .May
N. Y, AN.Eng.. June
N. Y. ANorth'u. June
N. Y.Ont.
W.. 4th wk J'ly
W.. June
N.Y. 8usq.

UE. AW.

Norfolk

A

A
A

West. 4th WkJ'ly

May

N'theast'n(8. C.)
North'u Central.

June

Northern Pactdc 4tb WkJ'ly
Ohio A Miss
4th WkJ'ly
Ohio ANorthw.. Juue
Col.

A Maysv. June

4th WkJ'ly
Ohio River
Ohio Soutkern.. July
ObioVal. «f Ky. 3d wk July

Omaha ASt.L.. June
Oregon Imp. Co. Juue
Peuusylvania .. •luue
PeoriaWec.AEv. 4th WkJ'ly

June

A Erie... June
A Kead'g June

Coal A Iron Co. June
Pitts.Ciu.ASt.L.'June
Pitts. Mar. A Ch. June
PittsU.

A West'uiMay
May
May

PitU.Clev. AT.

I

Fltts.Pain. A F.I

1,949,131

Total system 4th wk J'ly
PllL Young. AA. June
Pt. Royal A Aug. .May
Pt Roy. A W.Car. May
t'res.AArlz.Cen.iJune

962.,s86

528.002
289.601
278,937
4,009.157

;

QuiucyO.AK.C. June
Rieh.ADauville. June
Vlr. Midland.. June

8.2.53

235,42

.

wk J'ly
wk J'ly

Louisv.N.O. «iT. 4th

Phi la.

2,73;i.091

wk J'ly
wk J'ly

N.AACor, June

Louis.

Petersburg

1

38.3.6!I5

Char.Col.AAu.iJune
Col. A Greeuv. June
Waet. No. Car. June
June
Georgia Pac
Wash.O.A W..jJuue
Asbv. A 8part.l Juue
T«tal Sys'ni. 4th wkJ'ly
Kleh. A Petersh.June
Rio Gr. West.
3d wk July
Rome A Decatur May
Rome W. AOgd. May
Sag.TuscolaAH. June
8l.L.A.Ar.H.B'8 4th WkJ'ly
8t.L. Ark.ATex. 4th wkJ'ly

195.483
6,607,906

.

i'i.5'.363

.

880,872
103.211
1,322,215
8,595
44.9'<8

229.940
4,262,781
73,!t95

295,079
607.7,50

•2a8.-<HS

l<0,5Q9l

East, of Minn. July

MontauaCeut.

Jjilv

Total Hys'iu. July
S.Ant.A.ir.Pass. 41bwkJ*ne

492.W>7
2,168.«e»

6i,»58| 1,741,577, 1.381.233
635. 59:^
nst7\ 653,93 1

.

8t.L.DesM.AN. June
St. Paul A Dul'tb Juno
8tP.M1u.AMau. July

IU>41,175

2471.517

157,:/)7

I52.a57i

Louis.Ev.ASt.L.

rhila.

3,851.416 8,;«*.5ii
306.881:
S3 A 0.56
16.569

563.011
2,433.828

Louis. & Mo. Riv.

1.50:1. '^IM

.58,7921

S«,943i

Long Island

i.

Kran.AN. Pac 3d

wk July

Bav. Aui. A Mou. Juae
Seattle L. 8. A E. 3d vk luly
'

BciotoVaLAN.E. 2d wk Jaly

1880.

*

3.83S
116,649
57,692
68,661
10,528
3,919
83,108
401,684
63,600
20,974
26,587
2,753
133,431
11,500

1.606
07,110
22,043
40,784
8,854
3,800

15.085
600,114

1,411,786

1,213,300

•251,0'27

241,61»
111,83»

120,119
1,782,932

6*2,438

542,3.50

86,429
1,350
66,966
12.630
42,115
9,150
36,202
155,072
90,755
73,244
120,043
42.045

•

26,240
753.875
320.727

121, 76»

1.566,264

400.075 11,396,6.36 ll,076,7fi»
74,191 2,118,476 1,020,287
20,306'
592.075
548,838
143.845
20.597|
112,611
21,7,30
20,63»
2,540l
584.189
03,038
420,070
70,50O
12,2911
62,656
1,053,757 6,705,598 6,430,829
7,519
41,898
43,842
140,410
867,958
783,522
909.8.56
147,929
827,364
1

i

Erie

2,667,521

I.

Eliz.Uj_AB.H...|Sfciy...

A Pern.

A 80
A West..
Lehigh A Hud..
L. Rock A Mem.
L.

*

178,183
852,781
7,184
33,539
41,666
7,562
75,087
55,262
622,014 16,799,436 13,563.145
35.407
931,281
853,511
657,42 17,755,965 14.416.648
188.07 3 3,444,601 3,061,338
34,782
2^2.855
880,277
98.168
697,215
607,217
6,269
49,838
39,331
26,568
213,974
202.716
34,200
240,173
159,178
1,388,257 8,831,613 7,655,430
414,931 2,607,539 2,309,107
1,803,188 11,439,152 9,964.537
55.006 1,27-4,683 1,137,087
122.195
829,096
787,423
25,448
493,228
358.158
55,752 1, 166.04
1.117,6 15
48,230 1,.566.609 1,424,826
4,813
27,099
27,-J70
4,308
27,181
25,048
68,667
308.338
274.195
405,000 8,340,819 7,677,494
29,413
248,346
190.310
466,593 3,316,314 2.920.921
1,190.930 6,062,020 6,040,400
1,288,442 5,518,508 5,791.875
5.836
52,812
44.590
99,228

5,081

Knoiv. AOUio' >lay
Total sy«tem i3d wk July

A

Knox.

1889.

4,98
74.325
58,71
1,554,208
2,740,583 2,684.060 16.937,025
4th WkJ'ly
71.587
60,355 1.711.233
CWc.Mil.&St.P. 4th WkJ'ly 711.000 645,445 13,763.407
ChicAN'thw-n. June ..
2,184.427 2,061.051 1^2,251,910
Chic. A OU. Riv May...
5.038
5,222
26,829
ChlcPeo.&.St.L. May...
31.082
28,016
159.038
Chi(\Hoi>kl.&P. July...
1,275,10.
.9,262,449
Chicrjt.L.APitt. June
508.607 375; 3 13 3,208,906
Chic.St.r.AK.C. ill wk July
66,56
56,819 2.295.847
ChlcSt.P.M.AO. June
483,-i33
478.731 3,005.663
Chle.A W.Mich. 4tU WkJ'ly
41.082
35,298
873.815
Chlimewa Val .. June
18.598
16,750
Clu. Cia. A Ports. June
5.609
5,372
28.093
Cin. Jack. & .Mai- 3d wk July
14.106
11.092
342.818
Cln. N. O. A T. P. 3d wk July
77,10(i
70.949 2.347.64'^
Alu.<;t.S(>uth. 3d wk July
32,419
29,89S 1,020,615
N. Url. A N. K. 3(1 wk July
l-,087
14,669
698.375
Ala. ic Vii-ksh 3d wk July
8.233
9,961
35'2,831
Vivks. HU. & P. 3(1 wk July
7.278
7,016
291.969
KrlaiiB<-r Sy»t. 3d WK July
143,123 132,493 4,711,438
Ctnn.yortliw'n. June
l,«4:t
1 .596
9,451
Cln.Wal>.*.Mich. .„„c
Juu
4tJ,322
42.37«
268.4.59
Clev.AkrouAUol 3d wk July
15,905
13,337
446.981
Clev. & Can ton. June
»0.822
36.074
246.373
Cl.an.Ch.&.S.L 3d wk July 2aa.935 201,9-J7 4,992,088
Feo A Kast'n. 3d Wk July
24.016
22,128
Clev. A Marietta June
24.131
•2.3,101
Ki8',456
O«lor. Midland. 3<l wk July
82.700
29.249 1,1)20.062
Col. A OLu. ^Ud.. IthwkJ'ue
7ai3
8.153
156.780
Cat H. V, A Tol. July
219,581 1,560.265
Colusa A Lake.. June
1,4»1
1,514
9.575
Covin. A Ma/-ou. June
9,525
5,912
65,475
Day Ft.W.ACh.. June
33,»«6
37.069
23T,3,'<0
Deav. & RiotJr. 4thrwk J'ly 278,500 221.460 4.668,244
DetM. AJf'wast June
ll..'i«f»
12.270
97,030
DeLBayC.AAlp 3d
.„.„..,.„,
wk July
10.r,7i
9.321!
313,849
pet.Lans'KANo 4th wk J'ly
30.525
33,»(!W
661.423
DuiathH.B.&AliUlh WkJ'ly
90.614
69.648 3,216,5971
.Teau. Va. A(jia ,May
531.770; 400,924 2,66y.590
.

Keokuk A West.

LateM Dale.

$
979,651

8,28*)

Chat-K'mp&Col. Tune
Ches. AOhio,...
Chea. O. & S.
Cne«. & lA^noir
Chlc<tAtl!vntlc.
Chic Burl. & Q,
Chl«-* East. 111.

Jan. 1

L. Erie All.

S39.'2()9
Total svntoiu.kth wk .I'lv
•203.872
et L.&8allF..ktllwkJ•lv
^alf owned 4th wk J'ly
39,017
Tot.S.L.&S.F. 4th wk J'ly
243,489
4th
wk
1,082,J'ly
98
Xkk. total
.

1889.

Latett Dale.

129,651
136,749
June
1,137,502 1,201,686 7,61.5.4.54
June
29,808
205,090
24,513
137.000
655,402
May
90.174
871,0'24
4 th WkJ'ly
34,711
27,152
3,111'
June
19,392
2,841
June
35,233
311.927
29,530
5.1S7i
3d wk .luly
7,977
169,003
5,'262
3d wk July
3.965
74,578
78.1301 2..55S,863
3d wk July
629,601
15,735
13.877)
3d wk July
81,3.50
479.305
June
79.282]
180,547
3d wk July
5,218
5,S97l
June
16,231
79,835
20,189|
17,357
77,605
May
l'j,598i
5.'200
Jixne
4.077
30,959
89,717
83.4191 1,683,345
4th wk J'ly
29,471
29,3S3!
191.580
July
10,151'
274.102
8,233
3d wk July
July
496.965 444,1171 2,107,431
33.195
32,952
171.872
May
29,43^
660.375
38,083
4th wkJ'ly

Total all....

Kan.C.

Week or Mo

I to

1800.

1889.

1,000,753
7,098

Ill.Cen.dli.ASo.l

Ind.Dec.AWest.
Interoc'nic (Mx)

RAILROAD EARNINGS.

2

AOr.Tr Wk July2e

Chic

1890.

i

Qa. Car'Ia A No.lMay
Ob. RR. A li. Co. May
Geo. 80. AFIa.. June

||ailv0ad Intelligjetta.

Latest Earningi Reported.

Jan.

BOAUB.

JnuesttttJCttt

Road.

:

1

495. ,500 10,683,831

68,900
921
54,203
10,841
27,389

1,403.404

1,124

39,578
970,267
3,661,359
2.141,507
1.938.945
2,119.487

33.540
1.50.981

95.890
69.449
120,574
34.352

6..539

1.469.152
216.690

7,2.58,193

177,671
423,075-

781,370
21,40»
290,030'

140,807
2,404,604
498,435-

453.168
170,643
93,026
62,572
29,740
1,524.748
150,458
308,307
1,877,274
155,348630,300'
9,740,635
1,316,04T
5,555
1,412,175

898,517
3.589,502
tf,

137,426

2.127,275
1,864,869

867.314
645,208
9,6'26
54,557
8.554
51,548
618,721
591,380
97,645 103.945
931,504
633,470
118,912 109.377
640,735 626,134 4,254,49-^ 3,898,497
237,193 207,000 1,848.703 l,683,048j
'208.918
42,149
275.359 259.175 1,709,636 1,664.90 1
11.825
1.117
13,40 «
1,778
375.857
71,322
76,927
345,1' i3
98,438
87,2 61
23,044
21,335
74.155
82,1.63
10,292
12,494
3,004,827 2,951,919 20.736,777 19,732,f >64
2,426,790 2,311,604 13.724.377 12,196,. 582
593.101
483,353 2,849.368 2,366, 064
514,832 479,880 2.798,'295 2,599, 108
262,089
272,434
43,223
50,872
84,.596
74,499 1,157,479 1.018,(509
710,361
150.654 116,180
600,H32
136.773
96,370 3,589,840 2,948,057
345,001
295,841
57,317
51,002
54''.852
416.553 3.250,944 2.715.301
697.410 702.789 11.851,712 11.011,981'
84,782
76,416 2,27'2,320 2,137,780
98.673
96,205
18,679
18,176
4,281
788
836
5,288
355,082
13,410
15,121
2954*29
292,385
277,710
39,754
32,716
115.494
5,002
4,244i
72,753
303.766
221,350
39,0521
45,082
385,229 343.809 2,038,747 1,986,840
5,172,001 3,93 1.020' 31,958,513 23,004,238
422,813
18,786
401,157
23,494
283.930
38.515
252,568
47,768
318.926' 2,436.157 1.960,736
447.3.53
1,867,087 1,530.732 9,661,527 8,469,870
1,602,406 1,670,033
477,476 369,539j 3,0OS,85O 2,631,866
18,034
1,65
9,348
3,156
582,039
564,719
128,067 122.808
39.5^25
194.146
50.337
203,600
104,546
113,273
28.703
31.967
62.407 1,253.812 1. •252,288
61.233
671,174
120,319
96,789
505,815
152,536
18,452
137.351
21,792
174,025!
.25,064
17,873
161,753
59,917
10,897:
65.897
12,337
114.906
20.500
20.774
122,583
884,400 386.900 2,826,191 2,598,838
170.700 152.500, 1,071,365
956,611
53.225'
437,970
54,050
413,516
408,942,
41,000
38,505
340,275
465.908
65,399
439,778
70,500
848.492
625,867
115,950
04,686
59.998
11,000
8,793
50,376
8,296'
62,763
.54.797
9.300
260.475 230.625 7,159.979 0.3'J3.242
176.377
H':,;iH3
23.742
31.531
879,112
73-J.341
35,550
3O,650
42,050
21 t:>0
8,200
4,750
1.550.581
272,936
1.
257,904
307,456
43.892
49,670
8,653
9,222
681,209
56I,86»
26,377
36,880:
92,947 2,024.582, 1,707,346
101,857
47,050
4,570
27,058
8,378
621.842
511.879
112.575 106,707
746,328 638,699 4.636,300! 3,936,601
313,921
44,938
163,052
60,768
589,148
84,388
453,709
103,421
010,518 768.0'26 5,539.736 4,554,353
23.376
735,914!
29.505
580,320
1 7,306
18,665
385,91^
388,802
26,626
7,555
141,015
55,0650,395
5,486
211,274
128,804
12,34i:
15.625
349.508
325,131
j

.

'

-

.

.

.

.

—

:

.

.:

-

.

[Vol. LI.

THE CHRONICLE

170
Latest Eariiingi Reported.

Boja>B.

1890.

,WtekorMo\

Blienancloali Va'.

Jane

Soutb Carolina

Jniie

9

S

the following

1889.

S

I

75,003

.593.432

7«.507|

693.313
•50,279

is

and

roads,

P.O.
8-33

"c'^nin^s^aii
Gross

392.871
626.771
48,396

Net Earnings Konthly to !"»»««»»»*«*•-!;« A
a full ded^
this week
shows the net earnings reported
monthly
rewhich
from
1,800,447
roads
including all
303.304 281.681! 1,948.047
4o9,834 Jled Btotement,
538,445
78,5771
these columns
87,66«
month
a
once
given
2,386.9'.i0
is
turns can be obtained,
417,117 315,367| 2,526.773
64.750
the
83,58^
12,703
this kind will be found
15.448
749.080 and the latest statement of
882.133
132,289
140.42.'i
in the issue of
823,616 6,978,979 5.491.031 CHKOKicu. of July 19. The next will appear
963,959
„„., „„3.03i,106 2,849,4.S4 12,665,804 12,928,632
17,612,713 August 28.
4 154 85713 751,971 17,670,8':<
-Utl Earnings.
Samingt.
7,970

8)700

Bpar. Un. & Col- May..
Bo. Paolfle Co.—
Oal.Har.&S.A.. June
liouis'a West. June

ing

m

.
.

Paclllc system May
Total of all.. .May

1890.

HI

for

of July we have returns
a total for the same,
Jn'^r^aH'-.
1889.
$2,558,127
roads) $33'2™%11 f 30:711.884

For the month

to Latest Date.

1889.

^f^-^^

.

MorKan'sI.&T. June
N. Y. T. & Mex. June
Tex. & N. OT\. June
June
f Atlantic sys'

Jan. 1

.

.
.
.

..
.

—

—1890.

Orott

Pac. KR.A"o. Div. (Cal.) May
6o. Dlv. (Cal.)M!iy...
lay ..'.-'•••'
Arizona Dlv.. May
New Mex. Div. May

tk>.

208,430
552,154

182,0181

759,016

789,462

m

.

1839.

1890.

1889.

$
$
630,444 2,513,359 2,464,772
Soadt.
308.112
532,169
" 523,542 2,094,199
809.481 Atch.Top
855,125
154,987
& ^^''*-l'f,'"'-ir296
4.367;463 2.476.975
12
695
4'H'796
417,009
454,373
3083,895
1 t» l"^"
9.7'*72.869
6,772,391
10.053.863
l^'SS!;'???
10;653;863
408,341
'30:::3l;SS4,3SS 27,B72;869
122.831
117.148 111,630
'jSfy 1 to
Btaten I. Knp.T. June
29 539
581,494
59.112
463,434
155,890
91,515
176,320
lj,t.35«
,c.n^i„H„nthwMav.
176,
202',256
Summit Braiu'li. June
402.708 B»lt.&Ohio8outhw.May.
^,.2 680
307,610
461,505
&l^'°°"
32,037
100,552
916,517
Jan. 1 to May 31...
Lykens Valley Juno
32,980
40,325
624,084
5,488
639,803
6,928
Tal.ik CoosiiVal. June
85,786 CMC. Mil. A St.Paul. June. l-O^-f^S 2.007,204
95.637
3 259,723
13,817
15.816
Tenn. Miillanrt. June
8;874;i73
160,087 3,687,363 3,400,084
9|32:llS
170.264
J'ly
Iki2l,f5l
4lhwk
Pactflc
ro:.-.ikiot7Sl
.t
Texas
532.815
julyliojuno
1 To
Jft?y
664,913;
24.943
33.612
63,038
46,939
Tol.A A.<kN. M. 4thwk J'ly
106.570
106,570
136.360
176,'292|
6,907
8,530
West Mich. June. '130,211
178,080
268.800
Tol.Col. &Cin.. 4th wk J'ly
669,192
634.192 Oilc. &
748,409
802.7171
39,066
56.835
Jan. 1 to June 30...
j'
T0I.& Oliio Cent. 4tli wk J'ly
45,230
11,644
50,49
19.165
7,720
30,074
8.971
To"..&O.Cen.Ex. June
478.649 Clevel'd & Canton. .June.
60.274
49 i, 902
„52'l?i
77,283
18,243
195,483
15.859
246,373
Tol. 1'. & West.. 13(1 wk July
1 to .Tune 30...
Jan.
483.442
122,437
853,577
162,698
37,305
390,216
45,475
499,502
Tol. St. I,. & K.C.14tU wk J'ly
July 1 to June 30...
9,558
11,825
1.688,
2.280
26,718
29,410
85,372
Tol.&So.Haveu.'June
97,276
Det. Lans. & North .Jane
26,495
33,398
115,055
155,303
515,788
Ulster* Del.... 'June
561.832
Jan. 1 to June 30...
102,447
Dulon PaeWc—
98.037
365,716
767.626 510,434 2.852,048 2,293,237 Kan. C.Ft.S.& Mem. June. „ 359,805
Or. 8. L.& U.N. May
687,577
651.230
2.232,575
420,353 374,627 1.427,631 1,562.283
Jan. 1 to June 30... 2,350,'787
Or.Ry.A N. Co. May
1,518,056
608.267
1,550,785
4,515,567
830,671
21,371
28,449
July 1 to June 30... 4,937,431
St.Jo.&G'dlsl. 3dwk July
50,124
57,866
513,535 411.629 2,115,101 1,615,038
296,523
305,965
417,864
9,095,992 7,650.164 Ohio & Mi3Sis8ippi..June. l.??*?™^? 1,826,702
501,255
All otl). lines.. May
Jan. 1 to Jime 30.
16,904.316
Hm'?s?
|'2J9'69|
19,901.750
1,029,806
.„..„.
3,329.187,
1,302,276
3,793.862
Tot.U.P.8y3.:June
July 1 to June 30... 4,214,717 3,955,168
276.674
5J883I
510.519
17,3"S
27,865
Cent.Br.&I..L.lMay
41,747
,S?'?5? 3,194,75S 16,618,407 13,851.834 Ohio-River...... ...June.
58.657
100,217
121,788
Tot. cont'led|M»y
242,290
^-^S^'n^i
279,936
293,397
348.363
61,033
Jan. 1 to June 30...
Montana Uu.. May
53,745
'2'?S2
11,861
77,821
343,809
12,577
2,81»2.629
Co.... Juno. -385.229
I-eav.Top.&S.lMay
275.419
12,952 Oregon Imp. June 30... 2,038,748 1,986,849
229,272
13,961
2,562
3-285
Man.Al.iBur.May
Jan. 1 to
275,631
152,375
246,316
187,451
2,322,432
33,200
2,369.390
30...
Joiiit.own'd.is May
Dec. 1 to June
,tS'???
16,805,858 14,004.208
105,367
143,425
318.926
Grand total. ;May
*'l?I'5oA 3,227,959
82.711 Philadelphia &Erie..rune.
86,046
690,076
14,888
4*J'353
791,300
Vermont Valley June
i5'2s2
Jan. 1 to June 30... 2,436,157 1,960,736
6,810,583
438,667 7,182,985
Ith wk J'ly, 409,732
48,979
35,263
WabasU
119,779
156,183
248,570 Bio Grande Weat'n. June.
251,814
31,0
212,538
Western of Ala. June
179,443
655,845
Avi,i. 132,276
629,110
786.445
700,702
Jan. 1 to June 30...
June
476,866
"West Jersey
516,717
^ii'/.i?
344,374
423,579
62,869
July 1 to June 30... 1,622,234 1,421,431
78.678
W^.V.Cen.&Pltts. June
21,913
83,808
261,321
111,300 2,019,144 1.830.671 West. N.Y.&Penn. June.
304,112
West.N.Y. & Pa. Itb wk J'ly 109,.30l
268,365
494.430
549,210
650,387
1,504,201
24,035
33,7o
Wheeling & L. E. 4th wk J'ly
Jan. 1 to June 30... 1,701,844
486,539
386.723
797,683
433,586
64,126
65,029
Wll. Col. A A"g. May
Got. 1 to June 30... 2,605,784 2,351,386
2,134.126
Wisconsin Cent. 4th wk J'ly 156,603 136,518 2,815.593
36,033
41,203
8t. Loul. 4 San Francisco), and
4,962
(not
only
system
5/725
Atchison
Wrlghtsv.ATen. June
"deludes
_^
July 1.
arc approximate.
~MFt7Wayue Cin7& Louisville included for both years since
Utica Clin- June flgures
o New coal extension operated since July 21 In 1890 and
ton & Bing. Included for both years since July 1.

^

ISl.ai'S
106,691'

S
S

•

•

.

.

.

I

.

,

;

\

:

^

,

1

Main Line.
Whole system. : Mexican cutrencv.
Latest «n»8s Eaniinifs bj Weeli«.— The latest

ANNUAL REPO RTS.

t

weeMy earnfollows
ings in the foregoing table are separately summed up as
For the fourth week of July there is a gain of 101a per
cent on the 59 roads included below.
4(A w«fc of July.

1890.

1889.

798.847
40.362
203.872
, 39,017
67,674
64,145
440.000
95,849
209,324
74.325

622.014
33.407
188.073
34.782
55.006
55.752
405,000

Decrcast.

Mobile & Ohio.
fFor the year ending June 30, 1890.^'
statistics of
In advance of the annual report, the following
have been compiled tor
earninir.s expenses, &c., for four years
the Chronicle as follows
:

At.Top.AS.F. 4 I'd roads
Eoads J'tly owned "4.
Bt.

Louis

A

S.Prancisco.

Roads j'tly owned H-

Bait. A Ohio Southw
Buffalo Koch. A Pitts.
.

Canadian Pacific
*Cent.Venuont (Tot. sye.)
Chesapeake A Ohio
Chicago A AHantic
Chicago A East. Illinois
Chicago Mil. A St. Paul
Chicagi' A West Michigan.
Denver A Kio Grande ...
l>eIT0it Lans. A North
Duluth Bo. Hh. A Atlantic
£vans. A Indiunitpulis..
Evans. A Terre Haute
Flint

A

74,5871
711,00«l

41,082
278,500
33,969
90,614
9,365
33.878

Pere Marquette.

•Grand Trunk

6S,2.'50

of (Canada.

•Chicago & Gr. Trunk..
•Det. Gd. Uav.
..
Iowa Central
l>ake Erie A Western
liOuisT. Evansv. A St. L..

AMU

Louisville A Nashvillo...
lA)ul9V. N. Alb. A Ohio...
I^ouisv. N. O. A Texas .
Louisville St. L. ATexag.
.

Mexican C,entral
Mexican National
Milwaulrco L. 8h. A Weit.
Milwaukee A Northern..
Mew York Ont. A We»i...
Norfolk A Western
Honheni Paciho

Ohio A Mississippi
Ohio River
I'eoria Dec. A Evans
PItUburg A Western. ..
Klch. A Danv. 18 roads)..

A

8t. L. Alt.
T.H. Brchea.
Bt. I,«uis Ark.
Tezaa...

A

Texas A Pacihc

Toledo Ann.A.ANo.llieh.
Toledo Col. A Clnn
Toledo A Ohio Central ...
Toledo St. L. A Kan.City.
Waliash (cimsol. system).
Western N. Y. A Penn.
Wheeling A Lake Erie...
Wisconsin Central

396.189
63,609
20,974
34,711
89.717
38.083
642.350
86.429
66.966
12,630
155.672
90.755
120,043
42.045
84.59S
136.773
697.410
84,782
15.121
23,494
61,233;
280.475,

36,880
104.8571
170.264'
33.6121
8.530

56.835
45.475
409.732
109,300,
33.754I
156.603!

150,!<S1

95.690
120,574
34,352
74.499
96.370
702,789
76.416
13.410
18.786
62.407
230.625
26.377
92.947
160.087
24,943
6,907
39,066
37,305
428.667
111,300
24,035
136,318

,

.

Total miles operated

Earnings —
Passengers

9,211
15.608
14.232
65.555
5,784
57,040
3,414
20,966

14,326
10,582

7,559
6,298
8.646
46,8.50

17,463
12,703
1,789
4,691

6,119
1,957,347
107,286
148,784
i>'41

1889-90.

687

$438,765

$162,314

2,090,797
109,498
243,413

2,333,019
116,361
261,737

^A'i'.i^,

444,466
208,146
411,079

508,725

491,7',i7

206,8I>0

388,777

606,874
486,904
217,779
344,408

533,792
244,176
423,914

*2.001,134
Total oper. expen8es..$l,708,432 $1,812,307 $1,814,187 (03-06)
(64)
(68-91)
(70-26)
Per cent op. ex. to earn
101,379
102,506
106,837
85,215
Taxes and insurance.
$1,070,918
$934,780
$710,392
$637,712
Surplus earnings
Disbursements —
$420,000 $420,000 $420,000
Int. on iBt mortgage. ... $420,000
60,000
60,000
60,000
60,000
Int. on 1 St mortgage ex.
165,000
165,000
163,000
128,983
Rental St. L. A C
2,882
1,333
Int. div. on outst'g debs.
232,925
Int. on gen. mortgage
73,522
63,568
59,918
26,729
on car trust, Ac
. .

Int.

4,935

531
7.693
10,097
40,403
5,379

8,366
1.711
4,708

Total disbursements.

$635,582

$701,918

$709,901

$034,329

upon the debentures held by the
the
trustee of the general mortgage bonds are included in
amount disbursed as shown above on account of interest

The

interest dividends

thereon.

The debentures are held as follows
By the Farmers' Loan A Trust Co., in trust

:

1,174

29.830
10.503
11,910
10,17'
8,669
1,623
17,769
8.170

for the iJeneflt
of the sinking fund and of the general mortgage
^^'oKn'rAo
_D»,ow
bonds
mortgage
for
general
to
exchange
Subject

$8,630,000

Total original issue

Pursuant to the agreement of March

18,935
2,000
9.719
20,085

707,050
706.486

687

$3,173,431
Total gross earnings.. $2,431,379 $2,629,536 $2,881,473
Operating expenses. ., „
$180,201
$188,222
$216,278
$201,690
General..^...
619,051

Eoadway

668

1838-9.

687

12^'S,I
134,975

(^jir

2.935
5,672

1887-8.

663

l'7^H.?i

TransporUtion
Motive power

1,144

1886-7.

,*i?S'?2?

Freight
Mail, express, Ac
Miscellaneous
1,558

97,40'

200.113
58,717
60,355
645.445
35.298
221,460
30.623
69,648
10.509
30.943
62.558
410,515
74.191
20,306
27,152
83,419
29,437
495.500
68.960
54.2U3
10,841

Total (59 roads)
7,665,139, 6,958,653
10 15 p. c.)
•Ifor week ending July 36.

et Inc rease

176.833
4,955
15,799
4.835
12,668
8,393
35,000

60,564

1,

1888, for the unifi-

cation of the debentures and their exchange for general
mortgage bonds, the coupons on said bonds which matured
prior to and one- half of the coupon which matured September
date they are
1, 1889, were funded in like bonds, since which
paid in cash.
There was expended for additions to property and new
equipment (not included in operating expen.ses) in 188S-7,
in 1887-8, §375,479 in 1888-9. §160.198; in 18«9-90.
.S'388,l.')l
;

,§308,481.

:

ig,^

_— —
.

.:

1

AcocsT

THE CHRONICLE.

1890.]

9,

Kansas Citjr Fort Scott & Mcmplilfi.
CFor the year ending June 80, 1800.^
Tlie

flsoal

year of

tliis

company now ends with Juno

instt'nd of Dec. 31, as formerly.
The tlirectora have declared a preforenco

dividend of 4

80,
[ler

cent and common dividend of 1}^ per cent for the half-year,
payable Aur. 15 to stock of Aur. 7, the books to be closed
Aug. 8 to 14 inclusive. The dividend on the common sttwk
was 1.,' per cent less than in February, the road having Hoods
in their season to couteud with and sharp competition all ttie
year. The Kansas City Clinton
Si)ringtield road had a
doficit of §27.942, to be mado up by the Fort Scott.
The
3'52
road earned
per cent on common stock in the 12 months
3-50
and distributed
per cent. The exhibit for the 12 months

&

to

June

80, 1889, is

,

:

appended

171

The line is Sflr. miles long and crosses the State of Sonora,
from NogalestoGuuymaa. Thea-nountstill due thecoraiMinyThe debt has been owing eight yeara.—Jiailroad
is $1,400,000.
Oazetfe.

Baltimore * fMiIo.— A meeting of the slockholdcrs of the
& O. will bo held in Baltimore, .Sept. 8, to consider a traffic
agreement with tlie Baltiinoro Belt R. R. Co., the executioner
the lirst mortgage of the Belt Railroad, the indorsement of tho
first mortgage bonds by the B. & O. and the execution of a contract for securing tho completion of tho Belt Railroad; alsO'
the consideration of a lease of tho Akron & CIncago Junction
Railroad to tho B. & O. & Chicago Railroad, the indorsemeilt
of the first mortgage bonds, and tho execution of the first
mortgage of the Akron & Chicago Junction Railroad Company. Tho Baltimore Stcn says: " Tlie financi: \/< t is imporB.

I

:

tant, as

lARKIHOS AND EXfENSE.4.
18S8-89.

Gross earnings
OpcratiDK expenses

1880 90.
$4,9:i7.131

$^1.545..=)C7

3,027,510

3,3S(i.(il5

Not earnings
$1,518,037
Percent of operating exjicnses to earnings..
66'CO
INCOME iCCOCST.

$l,5.-)0,786

1888-89.
$l,518,0r)7

68'59

information of the propose 1 issue of
new indorsed loans representing a large aggregate amount. It is
imderstood the negotiation of these loans has bcea in hand
for some time. Some of tho bonds will jirobably be placed in
Baltimore, New York and across the water. The B. & O. ha*
taken the construction of the Belt Road i:; Imnd, and it will
doubtless be definitely in tho B. & O. system, {tlthough under
a name of its own. Estimates of its cost have been placed at
$5,000,000 and beyond."
Called Bonds. The following bonds have been called for
in etfect oflifial

it is

Other ineouie

83,058

1889-90.
$l,5ri0.7SO
00,9^1

Total net

$1,601,115

$1,611 707

payment

$909,136
'516,924
25,101

$1,004 640
1567 314
37 908

Illinois Central.— Sterling sinking fund 5 per cent bonds
of 1874, due April 1, 1903, to be redeemed at par at the ofBce
of Messrs. Morton, Rose,
Co., London, on the 1st day of
October next, 50 bonds of £300 each, viz.:

Ket pnrnings

Tirdtiet—

Intcifst nn bonds
l)lvilL>U(ls

Mlsrollnncons
Def. Kan. City Clin.

& &p

„

27 942
$1, Si 1,461

Balance
*

sur. $89,65-1

8 on prcf., 3 on common.

I

8

on

pref.,

.$1,637,834
def.

$20,127

3^ on common.

GENERAL INVESTMENT NEWS.
—

Aiitliraeite Coat Trade. The Phil.adelphia Press says o
the situation: " The representatives of the anthracite coal trade
at the meeting in New York on Wednesday agreed to limit
Eroductim to 3,2.'')0,000 tons in August. The meeting was
armonious, but all points of difference were not adjusted,
and there will be another meeting on next Thursday, at
which it is believed a harmonious agreement covering
the aiitumn trade will be entered into.
The representative of the Reading Company made a statement in
which it was acknowledged that that company had been delinquent in July in failing to order a restriction, but it was
shown that President McLeod was heartily in favor of restriction and recognized the necessity of it. The chief trouble
with the coal trade now and for twenty years past is the overcapacity of the mines. This fact is always under-rated excepf
bv a verv few men in the trade. The producing capacity is
from 10,000,000 to 20,000,000 tons per annum greater than
market, and even in times when everybody is restricting, the
tonnage is always larger than the estimates.
leading coal
shipjjer expresses the opinion that the mines in the Wyoming
region could alone fully supply the trade. The result of this
is over-supply or a tendency in that direction at nearly all
times, and it makes the management of the trade a most delicate matter,"

A

—

Atchison Topela & Santa Fe. The Atchison directors
week voted to pay 2% per cent upon the income bonds
1, 1890, from the earnings of the nine montlis ended
June 30, 1890. The gross earnings for twelve months to June
.30 were $31,(X»4.000, a gross increase in round numbers of S3,431,000, of which increase §3.311,000 was net.
Below is an official preliminary statement (partly approximated) of openitions of the company under its first income
bond period, Oct. 1. 1889, to June 30, 1890, nine months:

—

&

Nos. 52. 213. 298. 324,
1234. 1274, 1412. 1157,
2.328. 2619, 2863, 3((73,
3812, 3919, 3H98, 4029,
4544, 4659, 4710, 4731,

Henderson Bridge.

Gross earnings of railroads
Operating expenses

$23,76S.218
15,932,228

Xet earninffs

$7,815,989
5,709,000

Interest on bonds, taies, rentals, etc

Balance
Becclpts from coal properties, investments, etc

$2,106,980
303,600

Api>llcaMe tolui-ome interest
2% per cent o» ^80,000,000 incomes, payable Sept. 1

$2,410,389
2,200,000

Surplus

$210,389

The operations o^ the Atchison for the fiscal year ended
June 30. 1890. including the whole system, except the St. L &
San Fran., were as follows, June being approximated closely:
Grow earnings
Expenses
Kct earnings

1889.

1890.

$27,572,869
20,800,478

$31,004,357
20,920,488

$3,431. 4Sk

$10,083,869
as follows:

$3,311,478

.$6,772,391

The June approximation

Ls

1890.

1889.

Gross earnings
Exiieuses

Net earnings

$2,094,199
1,786,087

$2..523.!)43

1,971,373

$308,112

$552,170

—

—

1049,
18^3,
3625,
4442,

1050,
2102,
3681,
4449,

1211
2479.
3753.
4438,

—

First mortgage 6 per cent bonds of
1931, to be paid at 105. at the ofRce of tho
Central Trust Co. of New York, on Sept. 1, 1890, interest
cea-sing that day; 23 bonds of $1,01)0 each, viz.:

1881,

due Sept.

1,

Nob. 551, 1213, 487, 488, 1354, 1333. 1824, 641, 1308. ,557, 1501,
275, 1278, 242, 244, 1557, 1786, 1739, 1504, 304, 621, 13.37. 1984.

—

New

Orleans. Premium bonds, viz.
Kos. 50, 124. 4.33, 442, 853. 870, 1018, 10.37, 1046, 1136, 1364, 1574
1G65, 1677, 2301, 2371. 2347, 2642, 2713, 2866,2903,3226,3422.
3478, 349.3, 3843, 4060, 409H, 4135. 4314, 4623. 4903, 4977. 3007»
5414, 5135, 5804, 5832, 5903, 6339, 6377. 6499, 6331, 6586, 6710.

&

ChicaG')
Alton.— Mississippi River Bridge 6 per cent
bonds, dated 1877, due Oct. 1, 1912, to be paid at par (interest
ceasing Oct. 1, 1890), by Messrs. John Paton & Co., of New
York, 6 bonds of $1,000 each, viz.:
Nos. 138, 416, 429, 486, 551, 676.

State of Maryland.— Treasury Relief 6 per cent bonds of
due Jan. 1, 1893. The whole issue will be piid at par at
the Farmers' & Merchants' National Bank of Baltimore, on
September 1, 1890, interest ceasing Aug. 31.
Chicago & Eastern Illinois.— The directors at their
meeting last week failed to take any action on the preferred
1878,

stock dividend, wMch practically
been passed again.

means

that the

same has

—

Chkago & West MIchisan. A dividend of 2 per cent has
been declared, payable August 15. The gross and net earnings
and charges for the six months, Jan. 1 to June 30, were as.
follows:

this

Sept.

464, 784, 790, 864, 878,
1479, 160 i, 1810, 1861,
30H7, :t234, 3331, 3:198,
40C.O, 4121, 4196, 434-4,
4735.

Gross earnings

Expenses

Net earnings
Charges

1889.

1890.

i{!669,192

491,112

$748,409
479,609

Tnc $79,217
Dec. 11,503

$178,080
116,022

$368,800
110,045

Dec.

>62,038

$158,735

Inc. $96,697

Balance

Ine'se or (Utfee.
.

Inc. $90,720
5.977

—

hioagro & St. Louis. Notice is
given to toe subscribers to the increased issue of common
stock that they may make paynient for same and arrange to
receive the took at the office of Messrs. Drexel, Morgan
Co., 23 Wall Street. New York.
All stock must be paid for
•
not later than August 15, 1890.

Cleveland

Cincinnati

(

&

—

Connec lent River. The report for the year ending June
30 to the Massachusetts Railroad Commissioners shows as
follows:
Inrrcase in
1888-9.
1889-90
1889 9P.
Gross earnings
$63,38!>
$1,036,349
$1,099,738
74,70«
Operating expenses
737,329
832,095
Net earnings
Income

$279,020
52,632

$267,643
59,001

Dec. $11,.>77

Total net

$331,652
113,243

$326,641
120,296

Dec.

$5,00S
-.O-W

$218,409

$206,348

Dec

$12,061

Otlier

6,369

Inereasc.

120,010

Inr.rrnse
$-121), 31

Charges
Surplus

—

Detroit Lansing It ?orthi-rn. Tlie gross and net earning*
and charges for the six months, Jan. 1 to June 30, were as
follows:

185,286
$241,o.is

Atchison To|)!>l!n & Santa Fe Sonora. The Mexican
Government has just made arrangements to pay $30,000 per
month to the company until its indebtedness to that corporation is discharged.
The Government agreed to pay a subsidy
of $16,000 per mile for the construction of the line, and about
$3,800,000 was paid.
When the Atchison Topeka & Santa Fe
took posse.ssion of the line the subsidy payments stopped.

3899.

1990.
$561.8:12

Grosseam'ngs
Expenses

$515,787
400.733

Set earnings
Charges

$115,054
171.179

$153,303
160,239

$56,125

$4,966

Deficit

406,526

Boston.—The Troy

&

Inc. $40,045
Inc.
B,70»

Inc.$l0,24»
lO.OlO

Dec.

Dec. $51,15»

Boston Railroad
directors have recently held a meeting to take action on the
report of a Committee of Conference. The Fitchburg Confer-

Fitchborg-Trny

ft

,

THE CHRONICLR

172

settle€nce Committee drew up and agreed on a plan for the
ment of litigation between the two roads, fixing a price for
they
the bonds and stock of the old Troy & Boston at which
would be accepted by the Fitchburg Railroad Company. The
Troy & Boston directors have ratified this agreement, and the
agreement has also been favorably acted upon by the Fitchburg directors. The Trov & Boston stock amounted to about
ll.WO.OOO and first mortgage bonds to $1,500,000. No terms
yet
of the agreement nor any other precise information la

furnished.

Knox A Lincoln.— A

press dispatch from Biddeford, Me.,
Lincoln Road is practiAug. 5, says: "The sale of the Knox
cally an assured fact, despite the opposition of the town of
Waldoborough. The purchasers are a syndicate of wellLincoln
known men. The bonds and paoers of the Knox
Bead will be placed in the hands of a trust company for
Waldoborough, the objecting town, with her share of the

&

&

earnings."

Missonri Kansas & Texas.— In the adjustment of the grant
Texas Railway Company, the Secreto the Missouri. Kansas
tary of the Interior holds that suits should not be instituted
for the recovery of lands patented to said company and lying
within the Indian Reservation, for the reason that for thirty
years the executive and legislative branches of the Government have acted on the theory that the right of the Indians
to these lands had expired; and that titles on such action
ought not to be disturbed. The Secretary further holds that
the limits of the Government should not be readjusted for
the purpose of governing land that might thus be shown to be
outside of the Government control, and bases such conclusion
on the fact that said limits, as fixed by the original withdrawals, have remained unquestioned for many years, that titles
have vested on the action of the department, and the grant
yet remains unsatisfied by several hundred thousand acres.

&

—

New York City. In Albany August 6, Ex-Judge Countryman, who was appointed referee by the Supreme Court to take
testimony in the suit of the State against Controller Myers,
rendered a decision atrainst the City and County of New York.
" The suit was brought to comThe Tribune's dispatch says
pel the city to pay to the State $333,000 taxes, being the
amount of taxes assessed upon the excess of the State valua
tion over the county valuation for 1887. The city resisted,
averring that $119,000,000 of increased valuation was unlaw:

fully

added by the State Board of Equalization.

Sixty-five

per cent of actual value is the assessment valuation established for all counties by the State Board. The Board held
that the New York County assessment valuation was only 59
per cent, and thereupon raised it. The city holds that the

Board was wrong

in

its

facts

and made no

sufficient inquiry.

Mr. Countryman holds that the money, having been collected
by New York from its taxpayers for a certain purpose, cannot
be applied otherwise. The city officials are simply conduits
for its transmission to the State Treasury. The city raised,
among other questions, that the act of 1859, creating a State

Board of Equalization, was unconstitutional. The referee
holds the act to be constitutional. He directs that a peremptory mandamus be issued to compel the payment by the city."

New York State Railroads.-The reports below for the
quarter ending June 30 have been filed with the RR. Commissioners.
As the companies now to have to report for the year
ending June 30, instead of Sept. 30, as formerly, we have compiled in addition the results for the new year.
DELAWARE I.ACKAWAKICA ,t WE8TEBX— LEASED LINES.
--Qxiar. end. Jttne 30
,-Tear end. June. 30^

—

1889.
$1,785,0.57

$2,106,24.3

977,307

1,103,229

$7,490,558
3,774,506

1889-90
$8,045 493
4 094 560

$807,750 $1,003,014
537,749
570,082

$3,716,052
2,183l210

$3,950,933
2;428|326

$270,001
$432,932 $1,532,842
9TATEN ISLAND RAPID TRANSIT.

$lT5'22i607

GroMeaminge
Operattag expenses.
NeteanilnK8....
int. & taxes

Bentals.

Surplus

1890.

1888-89.

'~9^^- "*^- •^"?S„^i'-'
1890.
^ 1889.

_

Grons earnings
$263,026
'Operating expenses.. 173,178

Net earnings
Bentals, int.

A

taxes.

$89,848
79,240

^Year end. June

30.-^

1888-9.

1889-90

171454

$951,825
652 161

$944 lis
648 141

$98,781
82,634

$299,664
299,271

$295,977
298,882

$270,2.'J5

8"I""8

$10,608
$16,147
$393 def. $2,905
Stock Exchange-New Secarllies Listed.— The
following have been added to the list:
Cleveland Cincinnati Chicaoo & 8t Lotus — «•! oti nni\ ««
$3,075,000 common

New York

«tock,

making

total listed

$23.575,oob

&0N"'sHoRT'''VT»t^*'I-*^*'''''S'

"*""«*<''«' '"ted $47,507,000,

n.X.oUluV'?l^|[.'^t2V^!^«''^ •^"^"""^ -"«"« '"ndflve.,
We8tern.--The gross and net earnings and
rwJl^'f*
^arges
for fu
the six months ending June 30,
compared
with the same period in 1889, were as follows: 1890, '=°™Pa"^ei
Gross enmines
»9 IIt^ca,.
Operating expenses «,iduxek::::;;;::;;-*?'if,^-fgl
Per cent of expenses to earnings.......
...V
(65)

Netearnings

.„„y^''-

^

*?'^5H82

TslZiSS

iTo^sII

IMCOHB ACCOUNT.

'"el)

1890.

1889.

DfdurtInterest on bonds
"
oncar trusts

*«^^'I^^
36,b97

^''f-'%^^
Si,Jt)a

Total
Balance, surplus...'.

$696,447
$253,541

$776,978
$348,562

Old Colony.— The reports to the Massachusetts Railroad
Commissioners by quarters show the following for the new
year ending June 30
:

1889-90.

1888-89.

.

Iner'e 1890.

$7,4 52,461
Gross earnings
Operating expenses.. 5,485.262

«!§ J5,*33
5, 885,^38

*392,972
39 9,976

$1,967,199
592,313

$1,960,195
671,316

Dec.$7,004
79,003

NetearnlugB
ether income
Total net

Charges
Surplus

$2,559,512
1,641,434

$2,631,.511

1,682,729

$71,P99
41,295

$918,078

$948,782

$30,704

Pacific Mail— Canadian Paciflc— The announcement of
the Canadian Pacific Co. that its China steamers would run
via San Francisoo has led the Pacific Mail to retaliate by sending its vessels via Victoria, and passengers and freight are
now being carried by the Pacific Mail for Puget Sound ports.

rhiladelpliia

& Beading.—The Reading Company has put
first of four new collieries begun by Mr.

into operation the

Corbin two years ago, which will add 250,000 tons a year to
Three more collieries will be
the business of the road.
finished and in operation bv April 1, 1891, by which the output will be increased to nearly one million tons per annum.

—

Southern Paciflc. From San Francisco. Aug. 2, it is
reported that the Southern Pacific Company has accepted the
offer of the subsidy of $315,000 and the rights of way to
complete a coast line of railway between Santa Margarita
and Ellwood. thus making a continuous line from San
Francisco to Los Angeles. A convention of delegates from
the coast counties will be held Aug. 16 to make arrangements
with the railroad company.
Ll*ter * Delaware. The control has changed hands and
the following gentlemen liave gone into the board Messrs.
Robert C. Pruyn, Horace G. Young and Alfred Van Santvoord
of the Delaware & Hudson, C. C. Clarke of the N. Y. Central,
J. D. Layng of the West Shore and Wm. A. Read of Vermilye
& Co. All prior liens have been paid, leaving the consol. fives
for $1,343,600 the only mortgage on the property. There is no
floating debt, and the company has $75,000 cash in the treasury. The estate of Thomas Cornell will shortly have completed the Delaware & Otsego RR., which will practically be
an extension of the Ulster & Delaware from Hobart to Oneonto on the Delaware & Hudson.

—

:

—

Winona & Southwestern. Work is being pushed, and it is
expected to have the line completed by November 1, from
Winona to Osage, 138 miles. This will afford a connection to
Kansas City via the Chicago St. Paul & Kansas City RR.
The Winona Bridge Railway Co. will have a bridge completed
across the Mississippi River at Winona by March 1.

—

&

The great thread works of Messrs. J.
P. Coats are to be
hereafter carried on by a stock company to be known as the J. &
P. Coats, Limited, Ferguslie Thread Works, Paisley. The
business, which was founded in 1830, has attained such proportions, and the prospects of its future growth are such, that
it has been determined to convert it into a public company.
The share capital is $18,250,000, divided into preference and
ordinary shares of $50 each, and there is also $9,733,333 of i^
per cent debenture stock.
The debenture stock will be issued as perpetual stock, but
the company reserves the right to pay off the whole issue at
110 per cent at any time after Jan. 1, 1901. The preference
shares will be entitled from and after January next to a
cumulative preferential dividend of 6 per cent per annum,
gayableoutof the profits of the company. Until the Slst of
•ecember, 1890, both preference and ordinary shares will
only be entitled to interest at 5 per cent per annum, payable
out of the company's profits. From and after the Ist of
January next, they will rank for dividend in the usual way.
The expert accountants who have examined the books of the
company report that in the seven years ending with Dec. 31,
1889, the profits were £2,082,349 (approximately $15,000,000),
divided as follows:
Approi. average of the last seven years
£426.048,13.08 per annum
Ave
" .... 4.'5.246.00. 10
three

"

....

457,719.08.08

Approximate amount for the year 1889
"
474,775.06.10
Subscriptions are invited ai par for portions of each class of
stock, and it is announced that none of the capital offered has
been underwritten or guaranteed, but is offered unreservedly
to the public.
The subscription lists will be opened on Tuesday, August 12, and will close not later than the afternoon of
the 13th inst. The Bank of the Manhattan Company, 40 Wall
Street, will receive subscriptions in this city, but books will be
opened for the same time in London, Glasgow, Edinburgh,
Manchester. Liverpool, Montreal and Toronto.
In the advertising columns of the Chronicle to-day will be found very full
particulars concerning the property.
—Messrs. Burk & McFetridge, of Philadelphia, have issuel
a manual of Philadelphia securities which will prove very
useful to those seeking information relating to Pennsylvania

Neteamlnics

J^^80.

*«ii-556
68,432

iggo.
$1,021,941
103,599

corporations.

OthCTtacoSi

$949,988

$1,125,540

Taintor

Total

fVOL. LI.

—

Investors looking for city and county bonds are requested
to notice the list advertised in our columns to-day by Messrs.

&

Holt.

,

i

..

August

itswr.

0,

mE

>

CHftONlCLh.

age to the cereal crops in a vast area of the trans-MLssissippi
r«gion, where the older geographies placed the " Great American Desert." East of the Mississippi River crop results and
prospects are generally good, and no serious complaints have
come from the Pacific Coast. Little progress has been made
by the Senate with the tariff bill. The rise in prices has
articles of

:

1890.

July

bbls.

No.

480,200

bales.
bbls.
....bbls.
bbls.

81,6,59

Pork
Lard
Tobaooo, domestic
Tobacco, foreign
Coffee, Klo
Coffee, other
Coffee, Java, i&o
Bugar...

Sugar
Biigar

Melado
Molasses, foreign
Molasses, domestic

Bides
Cotton
Bosin
Spirits turpentine
ItkT

tcs.
Iihd«.

bales.

bags.
bags.

mats.
bhds.
boxes.
bags, Ac.
hhds.
hbds.

bags.
pkgs.
bags.
bags.

Rice, E. I
Klce, domestic

Unseed
SaltiHitre

Jute butts

Manila hemp

hemp

Blsal

Flour

bbls.

Aug.

1.

S,862
31.435
30,074
55.791
26C,328
64,640
61.600
6,845
None.
229,888
None.
1,108
3.500

bblB.

and

bales.
bales.
bales.
sacks.

Lard on the spot was firmer,

in

Aug.

6,200
49,833
28,609
53,019
251,073
61,600
56,170
5,066
None.
285,908
None.
1,607
3,00O
470.600
50,978
24,650
1.690
1,147
22,500

1.

5,900
27,101
34,815
48,290
2^5.159
116,333
77.550
13.725
None.
294,711
None.
4,833
4.250
558,000
97,897
15,883
2,392
521
85.000
2,500
None.
9.500
153,000
2,426
5,349
94,140

.

12,659
2,008
1,714
13,000
1,500
None.
6,400
72,500
6,707
23,041
218.600

500
None.
7.450
97,000
6,707
10,000
102,525

sympathy with rise in
and the market closed

was not active,
and unsettled, with prime city quoted at 5'75c; prime
Western at fl-SSc., and refined for the Continent at 6-20@
The speculation in futures was based wholly on the
6'75c.
rise in com, and quickly declined when that influence ceased,
for stocks and production are alike large.
futures, but business
dull

Ootoberdellvery

o.
o.

November delivery
December delivery

o.
c.

January de'lvery

c.

e-S-J

6-4=4

651
6o5

6-59
6-66
6-7»
6-80

665
6-76

6-68
6-74
6-85
6-95

refining

Muscovado and

5i.^c.

3i^@3

6'83

at

4^c. for

fair

3-33c., c.

& f.,

and

;

Wednesday was

a

Kentucky tobacco Ls very quiet, but prices are well held.
Recent rains have improved crop prospects in North Carolina
and Virginia. Heed leaf in moderate demand. Sales for the
week, 1,150 cases, as follows: 500 cases, 1889 crop, Pennsylvania seed

leaf, 9 to 10c.: 300 ca.ses, 1889 crop, Ohio seed leaf,
7 to7}-^c.: 100 cases, 1889 crop.
England Havana, 15 to
20c., and .350 cases sundries, 6 to 30c.; also 600 bales Havana,

New

and 200 bales Sumatra, $1 30 to $2 25.
the Metal Exchange Straits tin is dull at 30-90c. for September and October. Ingot copper is nominal at 16-80c. for
Lake for .August delivery. Domestic lead is dull at 4-45c.
Pig iron is dull, but at the interior markets there is a good
demand for manufactured stock.
Refined petroleum Ls firmer at 7-30c. in bbls. and 9-20c. in
65c. to |1 15.

On

cases:

crude in

naphtha, 7-40c. Crude certificates
are dearer at 92-:^(§92;;iic. Spirits turpentine is quiet
but
steady at 41i^i^41^c. Rosins close steady at $1
3T>.:^a5i 4-5
for strained, with a fair business done.
bbls., 7 iiOc.;

26

"ss

201

""40

"m
M

1

10

8

99
a

6

3
156

1

'""i
17

19

10

"iii

13

18

.....^

33
125

35
70

134

81

N'wp'tN'B,4c.

New York
65

9

74

Baltimore
Phlladelph'a,Jko

86

Sfl

totals this week

209
253
1891
135
1,410
For comparison we give the following table showing the
week's total receipts, the total since September 1, 1889, and
the stock to-night, compared with last year.

Augutt

ThU

8.

1888-89.

Mine* Sep.

Wetk.

Galveston

40S!

230l

1889-90.

Beetiptt to

1,

1889.

142

830,113
23,212
831 1,953,792
35 339,953
2
32,279
156 038,105
162,962
9 820,628
1,833
19 132,849
3,749
111 402,686
436 326,871
13
62,523
115,950
74
72,876
90,121
36
81,415

Mobile
Florida

Savannah.

..

Bruns., Ac.
Charleston ..

Koyal,&o
Wilmington
Wash'tn,&c
P.

Norfolk

West Point.
NwptN.,&c
(few York.

..

..

Stock.

Since 8«p.\
X, 1888.

rhit
Week.

201

.

El Paso,&c.

New Orleans.

7*10

4,065 bags Bahia, 83 deg. test, at 4 5-16c., long price. Refined
sugars active on a brisk export demand crushed 6%c., and

6 1-16g. The offering at the tea sale on
small one, and full prices were realized.

West Point...

6 95

7-00

"

Toua.

11

2

" 26

7-10

670

FH.

33

27
13

2

WasJi'gton.&c
Norfolk

Phll'del'a, <tc

for Centrifugal 96 deg. test, the

late sales including the latter grade at

Brunsw'k, Ac.
Charleston
Port Royal.dco

Fri.

I

demand

160
15

42

2

2

6 61

In other products of swine there is little change. Butter
firmer at 14@20c. for creamwry. Tallow firmer at 4^gC.
Coffee on the spot was more active to-day, on the basis of
ISft'c. for Rio No. 7 "flat bean," with the sales of 8,000 bags
of this grade at ISJ^c. ex-ship. The speculation on Rio
options became more active and the bulls put up prices in the
later dealings to-day, on a decrease of 73,149 bags in the visible supply during July, closing firm, with sellers as follows:
August
17-900. November
16 OOo. February
154f e.
September
15-900. Maroh
17-20c. December
15'45c.
October
16-550. January
15-65a April
1S-45C.
sugars were to-day in good

1

34

6-44

is

Raw

40

Thuri.

Wed.

Tuci.

73

S

Savannah

6-51
6-63
6-75
6'88

6-B<i

Hon.

Sal.

El Paso, Ac...
Kew Orleans...
Mobile
Florida

Thur.

6-63
6-77

709

tttetipUat—

Galveston

Boston
Baltimore.

DAILT GLOSIKQ PRICKS OF LASD FUTUKES,
Sat.
Mon.
Tuet.
Wed.
September delivery

5,801,007 bales, against 5,500,031 bales for the same period of
1888-9, showing an increase since Sept. 1, 1889, of 291,976 bales.

Wilmington
1889.

I.

Friday, P. M.. Augusts, 1890.
as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 1.419 bales,
against 2,096 bales last week and 8,643 bales the previous
week, making the total receipts since the Ist of Sept., 1889,

Thk Movkmkmt ok the Crop,

Friday Night, AuRust 8, 1890.
The weather has been warm, but not bo extremely hot as
last week, and moderate rains have fallen in nearly all sections, but not enough, nor eoon enough,to prevent serious dam-

1890.

178

COTTON.

Commercial ^imcs.
COMMERCIAL EPITOME.

ghje

measurably checked the export of breadstuffs.
The following is a statement of stocks of leading
merchandise at dates given

!

1890.

1880.

129

318

1 ,689,413

3,012

6,758

309,350
17,010
814,728
133,099
388,683
16,225
152,090
4,369
485,695
411,190
136,273
130,831
103,743
66,167
61,659

166

06

566

1,051

172

180

288

08

1,489

480

671,372J

23,132

263

120

40
17
2

103
15
10
8

253
28

......

48,502
1,500

80,500
2,700

326

986

3,025

8,854

Totals
1.419 5,801,007
1,010 8,509,0311
59,155i 102,014
Note.— Added as correction of receipts since Sept. 1 at New Orleans
3,014 bales, at Savannah, 225 bales, and at Newport News, &c., 3,216
bales.

Comparison for six seasons
Reeeipti at-

1890.

1,529

118
299

2,425

1,419

1,010

9,915

Orleans
Mobile
..

Charl'st'n.&c
Wllm'gt'n,(tc

Ac

Tot. this week

:

1887.

17
2

New

Norfolk
W't Point,
Al' others

1888.

201
331
35
156
5
19
111
449
112

Galv'ston,<&o

Savannah.

as follows

is

1889.

142
263

1,544

120

1,695

40

645
102

871

1886.

1,665
5,340
14

139

27
10

548
290
13
64
170

882
99
448
44

1

4

4

12

595
109

60

201

3,738

1,980

7,270

6,660

3,125

-

965

,

1885.

1,741

Since Bept.l

6801,007 5509,03115507,5 II 5213,448 5314,557'4739.g50
for the week ending this evening reach a total
of 13,380 bales, of which 14,327 were to Great Britain,
to France and 53 to the rest of the Continent.
Below aro
the exports for the week, and since September 1, 1889.

The exports

Week

BmMn

I

ttom

Alio. 8.

Sept.

1. 188«, to Aug.
Exported to-

Exported to—

Ejcvort»

Oreat

from—

I

BrWn. f*ance

Great

Contt-l Total
nent.
Wetk.

iient.

,

Oalreaton

307,490

31.059
934,612:841.706'
44.780

132.110|

346.121

Wilmington...
Norfolk

168.06*
102.802
61.281
79,iat
«a8,28e

Wost

Point....

16S.32S.

N'portNws, &c

37.706

Nov

Orleans.

9,01»|

Mobile

!

Savannah
Brunswick
C^harleston

Sew

York.

Uoston

t,a07

5,807^

SS

....

DalUmore

^

Total
Total. 188»JW.

64;

9.381

3.728

18M

a.Tse

1«4.80«;

82.9S6
87.76«:

21.020J

9a
148.337

4067
1.674

ToteO.

474,860
647,288 1,833.603

14,867'

138.061

m.ois
14,887

30.226

664,317| 42.703:

36,600'

PhUa(lelp-a.&af

8,

ContU

I

66.318
2.130,

681,400
117.179
840.888
118,149

8a6.0M
18D.8M
87,801
746.887
UO.Slfl
120.986
87,729

53

14.880 Z,886.t6S.476,Ue,l,61-2.4S4,4,878,0OS

469

18.516 2.903.668 410.172 1.882.9914.697.081

ae

.

THE CHRONICLE

174

above exports, our telegrams to-night also
shipboard, not
give us the following amounts of cotton on
We add similar figures for
Cleared, at the ports named.
New York, which are prepared for our special use by Messrs.
Car«j, Yale & Lambert. 24 Beaver Street.
to

In addition

(K-

8,

Great

rrn,u;

Ooast1

trim.

Britain, ^'^'^'"'fiomgn]

New Orleans...
Hobl.e
Charleston ....

Savannah
Galveston
Uorfolk
New York
OUier ports

244
None.
Noue.
None.
None.
Noue.
5,000

500

Total 1890...
Total 1889...

Total 18S8...

8,744
9,775
11,706

shown by the

Stock.
Total.

2t3
None.
37

2,719

75

491

300
None.

49
None.
37
75
None.
None.
None.
None.

None.

300

181

6.205

1,70;

2.700
5.S91

450

14.626
20,019

None.
None.
None.
None.
Noue.
None.
None.
None.

None.
Noue.
None.
Nuue.
None.
None.

400

are

following comprehensive table

Learitig

OW«r

1

The Sales and Prices of Futures

L

twl cleared—for

On Shipboard,
Aug.

[Vol.

2,0^2

166
ISb

129

None.
None.

1,489
43,20i
4,619

5,300

500

52,950
87.3-^8

1

148,298

1

in cotton for future delivery at this market
the
first two days of the week under review,
was very dull for
owing to the closing of the Liverpool market and the general
absence of news calculated to have an effect upon values.
But on Tuesday it seemed to be conjectured that Liverpool
would re-open on Wednesday at better prices, and values with

The speculation

us advanced in anticipation. That market did advance, but
ours on Wednesday made no further advance of consequence,
«scept for August, in which month some manipulation looking to a "comer" was apparent. The speculation iii the next
•crop was held in check by the better crop reports— rains having fallen in the extreme West at such points as Waco,
Weatherford and Abilene, which probably did much
On Thursday there was a fresh advance, although
good.
Liverpool made no further improvement. It was simply a
-" bull" movement, and the next crop shared more fully in the
To day the
rise, which was partly lost in the later dealings.
manipulation of August options seemed to be halting, but the
next crop made a slight advance on reports of excessive rains
in Georgia and the Carolinas; but speculation on this point
Cotton on the spot was firm, with a little do%vfls very slow.
ing for export and home consumption. To-day the market
was quiet at 13)^c. for middling uplands.
The total sales for forward delivery for the week are 123,300
bales. For immediate delivery the total sales foot up this week
6,487 bales, including 4,755 for export, 1,732 for consumption,
in transit. Of the above
bales
for speculation, and

—

—

—

were to arrive. The following are the official quotations for
each day of the past week August 2 to August 8.

—

UPLANDS.

<}ood Oriltnary
Strict Good Ordinary.
X,ow Middling
Strict I,ow Middling...

MiddliuR
'Good Mlddltni!
Strict

Good

Middling..

MiddllDitFalr

,

Fair.

GULF.
Ordinary
Strict Ordinary

V lb

Good Ordinary

L,ow Middlius^
Low Middling
Middling
Good Middling

9=«
101,8

:...

Good MiadUng

in

9l»,8

lOk
iiH

STAINED.

Good Ordinary
Strict

Good Ordinary

IjOw Middling
Middling

91

„

12

i^"

12>4

12'^(

12

12>,.

1211,,

12

la'a

1278

,

eiau

»

lb.

938

9"8

lOhg
lO'^l,
1138
ll'»ie
121,

12H

12>s

12"ie

13%
la's

OB Tnea Wed Th. Pr»

10>4
ll>a

l«

Pri

9»R

913,, 9i»,6 9l»„ 913,,
10>«
lOk lO^j
Ills
lli«
11»«
Ills

Id

1,

12^8

1313,, 13i'<.,
iTloci 't'o««

939

U»16

}|'"
I214
12',,

13S„ 13. ,«
13h.
13I-1

Middling Fair

rail

Wed Tb.

9=8
»»8
lOi., 101,6
10'i«
10'S,g 1016,, IQii., 1015,« 1015,
1138
11% USn 1139 l|3a
1U<„ 11.3,, ll'-'io 11 »!(. 11'3„
12 s X2l„ l:ii,K 12l„ 12'i«
I2I4
12ii I2I4 lavi
I214
12i«
121a
12H I2I4 1212
12U„ 121.,. 121.,, 12"ll« 121. ,t
13i« 13i«
13>8
jaV 13>8
Il3=»
13»8
1358
135e
13H

ii'i.,

4Btrict

Strict

9=8

!tat.

Good Ordinary
•Strict

nion Tnea

Sat.
•Vlb.

Ordinary
etrict Ordinary

938

!lO
10
10
llOi'ia 1015,6 1015,,

Iu% 11% 11%
MARKET AND SALES.

12>4

12T„

12
1214
12>4
12' g 121,,

12. 1 „ 1211,,
12T8
12'8
12^8
IS--,* 136,6 13',
13 3.. 131s, 1313,6

Wed Th.
939

10

938

10

irri,

9^

10

10i5,e 10i6,e

l?4- 11%

11%

The
week

total sales and future deliveries each day during
the
are indicated in the following statement.
For the
convenience of the reader we also add a column which shows
at a glance how the market closed on same days.

SALES or SPOT AND TRANSIT.

BrOT KAHKEt
CLOSED.
Bat.

.

I>ull

and ea«y..

Mon . steady
Tues. Quiet it steady.
Ved. Finn

Export.

Totsl

Spec- Tran- „ , ,
^^<^Hi.

lyiiv
trio.

4,530

1,072

135

109
243
260

90

48,

138

30,000
20,200

4.755

1,732'

6.487

122,3'iii

Thar, tlrm
rTL..|(luiet

Con-

tump, 'uf'fn

5,602
109

3,800
6,400

878 24,030
260 38.400

v^^.^'^x^i^'^hsi'^,,^:,^^^'''^'''''''^'^^'^^

* Includes sales In September, 1889, for September, 147,600: Septem.
beivOctober, for October, 640,600; September-November, for November,
636,200; September-December, for December, 957,200; SeptemberJanuary, for January, 1,570,100: September-February, for February,
1,125,100; September-March, for March, 2,236,900; September-April,
for April, 1,555,600; September-May, for May, 1,815,700; SeptemberJune, for June, 1,830,100; September-July, for July, 1,655.800.
We have included in the above table, and shall continue each
week to give, the average price of futures each day for each month. It
will be found under each day following the abbreviation " Aver." The
average for each month for the week is also given at bottom of table.
Trausterabie Orders— Saturday, ll"95c.; Monday, ll'95c.; Tuesday,
12-OOc.: Wednesday, 12'10c.; Thursday, 12-15c.i Friday, 12-lOc.

ly

The following exchanges have been made during the week:
54 pd.

to exoh.

300 Dec. tor Sept

|

-38 pd. to exch.

400

Oct. (or Sept.

-

ArocsT

.

THE CHRONKJLE.

1890.]

9,

VisiBi.K.SuPrtY OF COTTON to-niKht, afliuado up by cable
Tlio Continental stocks, as well as
in as follows.
those for (ireiit Britain and the afloat are this wet^k'H returns,
and consiMiuently all the Euroi)ean finurcH are brought down
to Thursday evi-ninj?. But to make the totals the complete
figures for to-night (Aug. 8), we add the item of exports from
the United States, including in it the exports of Friday only.
Tlitt

and telegraph,

1890.

1880.

1888.

18S7.

bale*

TUI.OOO
20.000

621.000
20.000

491.000
18,000

8:)l.i)00

Total Great Britain stock.
Block lit Hamburg
Stock at Bremen."
Block at AiiiHterdaiu
Block at Rotterdam
Stock at Autwerp
Stock at Havre...
Block at Mar.seille3
Stock at Barcelona
Btock at Genoa
Block at Trieste

733,000
4.400
88,000
«,000

644,000
3.500
30.200
8,000

509.000
3,«00
37.100
8,000

660,000
,4.200

200

300

200

6,000
137,000
4.000
56.000
4,000
3,000

IS.OOO
83.000
5.000
55,000
7,000
4.000

300
000

Total Continental stocks

258,600

213,000

241,600

344,10

Total European Btooks.. ..
IndlacottonalfoatforKtirope.

091.600
111,000
26.000
7.000
59,155
5.854

857.000
4«,000
23.000
6.0O0
102,014
7,380

7.')0.r>00

1,001,100
118,000
41,000

1,388

1,919

Block lit Uverpool
Block ut Londou

Amcr.cotfuaauat fur Europe.
EcYpt. Brazil. Ac.afltforE'r'^pe
Slock in l'uUfd8t.-ite9i)ort3..
Stock III U.S. interior towns..
United States exports to-day.

120.000
.').000

51.000
7,000
1 1.000

60.000
38.000
13.000
108.317
19.731
1,155

O.OOO

.J

.^8,500

1.200

202.000
3.000
32.000
4.000
»,000

bales

Couliueiitjilalocka

Aincrican atloat for Europe...
Uuite<l statei! stock
United SUtesluteriorstocks..
United mates exports to-day.
Total American
Xa$( Iniliaii, Brazil, <Cc.—
Liverpool Block

Londonstock
Coiitiuonlal stocks
India alloat for Europe
Egypt, Brazil, &c., afloat

Total East India, Ac
Total American

2,i,O00
lit,026

1,103

308.000
161.000
26.000
59.155
5.854

378,000
112,000
23.000
102,011
7,380

334.000
133.000
38.000
168.317
19,751

1,388

1,919

1,155

19.026
1,163

621,397

624,313

694,223

728,390

345,000
20,000
97,600
111,000
7,000

246,000
20.000
101,000
46,000
6,000

157.000
18,000
108,600
60,000
13,000

280.000
29.000

580.600
621,397

419.000
621,313

356.600
694,223

351,000
177,000
41.000
13H.-.i01

Satltr.

Halveston
New Orleans
Mobile

11%
11^

Savannah..

lf|«

Charleston.

1139
llHi
It's
I3i«
12>4
1258
It's
It's
111«

Baltimore..
Philadelphia

Angnsta

.

Memphis
St. I.0UIS

.

—

Tuet.

1

UIDOUNO COTTOM ON—
Wedtiet.

11»8

ll->8

11^

11%

11*18
1138
Ills
Ills
ll^S
12>4
12>4
12»g
1139

ll»i«

11%
11»M
11%
11%
11%

11 '8

11%
11^
11%

ll's
12>4

llTf)

12>4
1214
12»8
llSg
Ilia
ll>a

im

ii>ii

Thun.

Ti%~

11%
11%

11%

ll'i.

ll»l«

11%
11%
11%

11%
11%
11%

11^8
1214
12>4

12>4
12«4

Wh.

12^
12%
11%

12%
11%

12<>»

III3

11>3

It'll

•H>a

IIH.
ll"*
12

11%

12
12
12
12
12
12
12
12
12
12
12
The closing quotations to-day (Friday) at other important^
Southern markets were as follows:
Raleigh
11>3 I.Htle Rock
il"*
Atlanta
11 14 J Montgomery
Rome
11»»
Columbus, Ga.
Nashville
ColumbU8,Mlss
11% Selma
11**
Eufaula
Natchez
11*18 Blireveport . . .
Louisville.

|

I

.

I

Receipts From the Plantations. The following tablft
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 weeklymovement from the plantations of that part of the crop whict»
ftnally reaches the market through the outports.
Week

week have been

.

I

Cincinnati

finding-

5.000 bales.

.

..

IIH.OOO
22,000

616,100
728,390

.

J/bii.

liois

Wilmington

IfiT.lOO

Total visible supply
1,201,99/ 1,043,313 1,050,823 1,344,490
6H,«d.
5" ^d.
Price Mid. UpL, Liverpool....
e^id.
5>ad.
12140.
PriceMid.Upl., New York....
9\o.
ll»i,o.
II'^ibC.

into Continental ports this

CLOSINO QDOTATIONS FOR

Wetk ending
Augutt 8.

Boston

Amencuu —

Liverpool stock

Quotations for Middlino Cotton at Other Markets.

In the tatile below we give the closing quotations of middling
ootton at Southern and other principal cotton markets for each
day of the past week:

Norfolk

130,201

175

The aliovo totals show that the old Interior stocks hav«
iecreaaed during the week 860 bales, and are to-night \,i\2<i
bales less than at the same i>criod last year. The receipts at.
the same towns have been Hi bales lest than the same
week last year, and since Sept. 1 the receipts at all the towns,
are 4 3U8 bales more than for the same time in 1888-89.

30.000

Total visible supply
1.201.997 1,043,313 1.050.823 1,344,490
Of the above. lUe totals of American and other descriptions are as follows:

^g" The imports

.

July
"
'•

"

IteceipU at the Port*. {St'fcat InUrior Tbwna. Rtc'vtt from Plant's*.
1888.

11.,

7,028

2,477
2.130

18..

10,002

1,952

8,033
6.381

1,710

9.916

1,010

25..

Aug.

1.,

1888.

1890.

1889.

6.410

3.,

45,990
1,803 37.887
2,500, 31.470
3,643 28,163
2,596 23.685
1,419 20,385
2,055

911

1889.

1890.

16.056
12,683
10.856
9,657
9,158
7,848

18,031

1888.

1880.

I

1890.

15,101

13,828

a.865

9,819
7,436
6,789

4.726
1,906
6,616

—

124
512
412

1.22T

213
772

The above statement shows: 1. That the total receipts from
the plantations since September 1 1889, are 5,795,3.52 bales; in
1888-89 were 5,501,504 bales; in 1887-88 were 5,504,066 bales.
2.— That, although the receipts at the outports the past week
were 1,419 bales, the actual movement from plantations was
,

The above

figures indicate an increase in the cotton in sight
to-night of 158,684 bales as compared with the same date
of 1889, an increase of 151,174 bales as compared with the
corresponding date of 1888 and a decrease of 143,49J bales
as compared with 1887.

At the Interior Towns the movement—that is the receipta
for the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresjwnding period of 1888-89 is set out in detail in the
following statement.

—

only

the balance being taken from the stocks at
Last year the receipts from the plantations
bales and for 1888 they wer»
week were

~ili bales,

the interior towns.
for the same
6,615 bales.

—

Amount op Cotton in Sight Aug. 8. In the table below
we give the receipts from plantations in another form, and add
to them the net overland movement to Aug. 1, and also the
takings by Southern spinners to the same date, so as to give
substantially the amount of cotton now in eighty
1889-90.

o

1888-89.

1887-88.

1886-87.

Receipts at the ports to Aug. 8 5,801,007,5,509,031 5,507,511 5,213,44*
Interior slocks on Aug. 8 in
•3,445
'7,5271
*24,09»
*5.655|
excess of September 1
Tot. receipts

from plantat'ns 5,790,352,5,501,5015,504,066 5,189.355^
891,649 891,216 978,694 788,880
493,000 476,000 435,000 391,000

Net overland to August 1
Southern consumpt'n to Aug. 1
fi

•

om:

S3

•

It..;

«-

Ult>0.

1^

C33-.

sis

Total in sight August 8

7,180,001 6,868,720 6,917,760 6,369,235

Northern spinners takings to

Augusts

1.755,383 1.714,297 1.750,807, 1,628,479
Decrease from Beplembcr 1.
It will be seen by the above that the increase in amount In slgbt^
to-night, a.s compared with last year, i.s 31 1,2s 1 bales, the exceas as
compared with 1887-88 is 262,241 bales and the gain over 1886-87
reaches 810.766 bales.
Weather Reports by TELEORAPrf. Telegraphic advices to
us from the South to-night are, as a rule, of a very favorable
In a few districts of Texas drought has injured cotton,
tenor.
but generally the plant is developing finely. Picking is be*

H'C:rf*0*:Sbbo'CIiXcb"'TDV»K)'-»OOW

w; »;
e. a.

(OS

—

ifc*-"

•

at;0

lew

^53
CO

,

cni{i<f»

is

K

CO

coming more

x! 100

?l
re

ac

J
cc to
S "^ -^ ti -^

o
h-

M

to I- A' 10

*
J

—

^H-rfk.

o.

^

;03

*•;

to

<"•

*• vi

a -4

M

I-'

•

tJiW

cccotc^.

.

oco-q-gqaQoi-*

CO

—

Wc

92,

averaging

79.

—

Huntsville, Texas. It has rained on one day of the wee'..v
and cotton is excellent. The rainfall reached ivventy-five hundredths of an inch. Average thermometer 81, highest 94 and

Ocr.ic®oscxViicc--»w'c*-toioc;'WM
I- — MCXto*-«o:j:t;ccx:c*»Mfr3tiC;»

ist

t3

s

active,

Oalveston, Texas. It has rained moderately on foiir days ot
the week, the rainfall reaching two inches and ninety-one
hundredths. The thermometer has averaged 78, ranging from.
70 to 87.
have had heavy rain on one day of
Palestine, Texas.—
the week to the extent of one inch and fifty-six hundredths.
Cotton looks fine. The thermometer has ranged from 68 to

it

If

1S89 tleures arc for PalesUue. 1 1889 figures are for Pet<r8burg,Va,
LouiBviile ifl both y cwu are " net."

lowest 68.
Dallas, Texas.— The weather has been dry all the week.
The thermometer has averaged 84, the highest being 96 and
the lowest 72.
San Antonio, TViras.— There has been no rain till the week.
The thermometer has averaged 83, ranging from 70 to 94.
Luling, Tea-as.— Cotton has been much injured by the
drought, which still continues. The thermometer has ranged

from 72 to

98,

averaging

85,

.

176

I

HE CHKONICLE.
Ram

has

Columbia, Texas.—The cotton crop looks good.
reaching
fallen on one dav of the week, the precipitation
Average thermometer 81,
forty-five hundredths of an inch.
highest 92, lowest 70.
Cuero, Texas.—

I

Vcu

LI.

—

India Cotton Movement from all Ports. The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to August 7.
BOMBAT HECBIPTg AKD 9HIPMEMT8 FOB FODR TBABS.

We have had dry weather all the weeK.
Shipmentt rinee Jan. 1.
Rteeiptt.
Shipment* thif week.
Cotton has been damaged by the drought. The thermometer Tear Great Contitjreat
ContiThU
aintt
63.
lowest
and
the
Total.
96
being
Total.
highest
the
79,
averaged
has
Week.
Britain nent.
Jan. 1.
Brifn. nent.
Brenham, Teaia*.— Light rain on two days of the week has
ramfall 1890
7,000' 7,000'335,000 1016000 1,35 1 ,000 5,000 1,853,000
greatlv benefitted cotton, which is doing well. The
1889 i'.obo 7,000 8,000 356,000 827,000 1,183,000 8,000 1,680,000
reached forty-seven hundredths of an inch. The thermome- 1889 1,000
1,000 209,000 598.000; 807,000 4,000 1,26»,000
356,000,648,000; 1,004.000 4,000 1,438,00»
1887
ter has averaged «'i, ranging from 70 to 94.
Baton, rwas.— We have had very beneficial ram on one
Bombay appears to show
foregoing,
According
the
to
of
an
inch.
day of the week to the extent of thirty hundredths
a decrease compared with last year in the week's receipts of
The thermometer has ranged from 68 to 96, averaging 82.
3,000 bales and a decrease in shipments of 1,000 bales, and
Weatherford, Tea-cw.— Cotton needs rain. Average therthe shipments since January 1 show an increase of 168,000 bales.
mometer 84, highest 98, lowest 70.
movement at Calcutta, Madras, and other India ports for
New Orleans, Louisiana.—It has rained on two days of the The
the last reported week and since the 1st of January, for two
week, the rainfall reaching forty hundredths of au inch, The
"Other porta" cover Ceylon,
years, has been as follows.
thermometer has averaged 80.
Tuticorin, Kurrachee and Coconada.
Shreveport, Loi/mona.— Rainfall for the week forty-nme
hundredths of an inch. The thermometer has averaged 83,
Shipment! tinee January 1.
Shipmentt for the week.
ranging from 68 to 96.
Oreat
OontiColumbus, 3/issmippi.—Rainfall for the week, two inches
Total.
BritaL Continent. Total.
Britain.\ nint.
and twenty-seven hundredths on three days. The thermometer has ranged from 64 to 90, averaging 78.
Calcntta24,000
1890
100,000
124,000
Leland, Mississippi. The week's precipitation has been
i.bbo
1,000
33,000
44,000
1889
77,000
sixty-eight liundredths of an inch. Average thermometer 81,
Madras—
highest. 94 and lowest 67.
3,000
16,000
1890
3,000
6,000
22,000
i",oo6
5,000
Meridian, Mississii)pi. Telegram not received.
1889
4,000
22,000
8,000
25,000
AU
others—
Vicksburg, Mississippi. It has been showery on one day of
1890
3,000
1,000
4,000
49,000
34,000
83.000
the week, the rainfall reaching fifty hundredths of an inch.
33,000
1889
21,000
54,000
The thermometer has ranged from 71 to 95, averaging 83.
Helena, Arkansas. It has been showery on two days of the Total all1890
6,000
1,000
7,000
89,000
140,000
229,000
week. Crops are growing finely. The precipitation reached
1889
4,000
2,000
6,000
88,000
68,000
158,000
The thermometer
one inch and twentj -three hundredths.
The above totals for the week show that the movement from
has averaged 86, the lughest being 94 and the lowest 78.
the ports other than Bombay is 1,000 bales more than the same
Telegram not received.
Little Rock, Arkansas.
Memphis, Tennessee.— Cotton crop prospects are as good as week last year. For the whole of India, therefore, the total
ever known at this season of the year. It has rained on four abipments since January 1, 1890, and for the corresponding
days of the week, the rainfall reaching two inches and periods of the two previous years, are as follows:
seventy-eight hundredths. The thermometer has averaged
EXPOBTS TO EHBOPE FKOM ALL INDIA.
74, ranging from 67 to 92.
1890.
1889.
1888.
Nashville, Tennessee. We have had rain on four days of
Shipments
the week, the precipitation reaching three inches and seventyto all Europe
ThU
Since
ThU
ThU
Since
Situe
week.
from—
Jan. 1.
week.
three hundredths. The thermometer has ranged from 69 to
Jan. 1.
week.
Jan.l
95, averaging 78.
Bomb»y
7,0001,351,000
8.000 1,183,000
1.000 807,000
Mobile, Alabama. Crop prospects are generally very prom- All other ports.
7,000 229,000
4,000 150,000
6,000[ 156,000
ising, but there are some reports of too much rain, rust and
Total
14,000 1,580.000 14,000 1,339,000
6.000 957,000
worms. Rain has fallen on three days of the week to the
extent of one inch and four hundredths. Average thermomeAlexandria Receipts and Shipments. Through arrangeter 83, highest 91, lowest 79.
ments we have made with Messrs. Davies, Benachi & Co., of
Montgomery, Alabama.— Ot this week's receipts four bales Liverpool and Alexandria, we now receive a weekly cable of
are new crop, the first coming in on Saturday last. Picking the movements of cotton at Alexandria, Egypt. The following
will become general next week.
Some complaints of rust are the receipts and shipments for the past week and for the
Are heard, but otherwise reports are splendid. Rain has fallen corresponding week of the previous two years.
on five days of the week, the precipitation reaching fifty hunAlexandria, Egypt,
dredths of an inch.
1889-90.
1888-89.
1887-88.
August 6.
Selma, Alabama.— It has rained on five days of the week,
the precipitation reaching one inch and five hundredths. Receipts (cantars*)
Cotton is not opening as rapidly as expected owing to too much
This week
1,000
Since Sept. 1.
3,163,0b6
2,706;od6
2,900,000
rain. The thermometer has averaged 76, ranging from 67 to 88.
Auburn, Alabama.— The week's precipitation has been three
ThU
Since
This
Sinee
Sinee
ThU
week. Sept. I. week. Sept. 1.
inches and forty-seven hundredths. Average thermometer
week. Sept. 1.
i

1

—

—

—

—

—

—

—

—

79-2; highest 89; lowest 69.

Ejports (bales)—

Madison. Florida.— We have had rain on one day of the
To Liverpool
1,000'265,000
227,000 1,000 248,000
to the extent of twenty-five hundredths of an inch.
To Continent
1,000 158,000, l,000j 159,000 2,000 161,000
Average thermometer 81, highest 93, lowest 70.
Total Europe
2,000 423,000] 1,000 386,000 3,000 409,000
Columbus, Georgia.— It has rained on one day of the week, the
A cantar is 98 pounds.
rainfall reaching one inch and twenty hundredths.
The therThis statement shows that the receipts for the week ending
mometer has averaged 83, the highest being 89 and the lowest 75.
cantars and the shipments to all Europe
Savannah, Oeorgia.—Rain has fallen on four days during Aug. 6 were
2,000 bales.
the week to the extent of eighty-three hundredths of an inch
The thermometer has averagei 78, ranging from 70 to 89.
Manchester Market. Our report received by cable to-night
Augusta, Georgia.— The crop is in good condition. Ac- from Manchester states that the market is quiet for both yarns
counts are favorable, but, as usual at this time of the
year and shirtings. The demand for China is good. We give the
there are some complaints of rust. The rust is, however,confined prices for to-day below, and leave those for previovis weeks of
to sandy l.inds where ram has been continuous,
and at present this and last year for comparison:

week

—

is

not considered important.

Tlie first

new

bale arrived

today and classed low middling. It has rained on four
days of
the week the ramfall reaching one inch
and aeventy-one
hundredths. The thermometer has ranged from
70 to 95
"«,

averaging

Charleston, Sonth Carolina.—There has been
rain on three
u ^!.° it*" "''f "^ *° ^^^ «^'''^"t of one inch and twenty-one
thermometer 83, highest 89, lowest 73.
c/^/''^
J'^^u'^J^"
SMeburg,
South
Carohna.-We have had rain on five days
'"""^ """"^ seventy-five
h!.ndt'^?^^ The
Th'T^''""'*'=*''°\°°«
hundredths.
thermometer has averaged
762, the
highb
^ ui^u
eat bemg 86 and the lowest 70.
^ilson. North Caro/ina. -Telegram not
received.
Ihe following statement we have also
received by
showing the height of the rivers at the points telegraoh
3
o'clock August 7, 1890. and August 8. 1889
•

,

iamK

Aug.
SL'ni'V.s
S^i'J''*'
lloklhJZ'
Vickulmrtf

Above low-water mark
Abovclow- water mark.
Above low-water mark.
low-water mark
fS'"'«
Above low-water mark

7, '90.

Feel.

4-3
9-8
3-7

10
12-2

NorE.-Reporta are now made In feet and
tenths.

Aug.

8, '89.

Feet.

8-1

16-5
9-9
11-2
33-4

d.

d.

Jaly3l8T,ea8>ii6
" ll;8',e»8%
" 18!8>a 98131,
" 25 85fl 3870

1889.

1

8>4 lbs.
Shirtings.

Twist.

«

82.

NewOreans

1890.

32» Cop.

s.

d.

6
6
6
6

4 -817
4 ®7
4i2®7

s.

d.

3
3
3I3

^f;r\ 32.
^jZs\
d.

»H

Cop.

d.

d.

«.

7^8 ®838
5
!'» ®838
5
5
6«,fl 7'8 a8»8
658
7^8 38%
5
5
6"l8!7''8 ®838
6;li6i7l5,e»8''i8!5
67l8

6^

Cotfn
lbs.

Mill

Shirtings.

rwist.

d.

11
11
11
11

8.

•7
«7
»7

d.

Upldt
d.

6H

6S,8
618
6J8
6I4
6I4

®7 4H2
»7
®7 4is
11 ^7
®7 5
11 97
East India Crop.— The following is from Messrs. Gaddum,
Bythell & Co.'s cotton report, dated Bombay, June 27:

AuK.i;8iS8 aS's |6
" 8 8S8 ®8i»ie 6

5
5
5

Satisfactory rain has been falling steadily duriuf? the week in most of
the Oomra cotton districts, and sowing oparations in these districts are
prORressing favorably. In some of the Broach districts, especially
Surat, the rainfall has been excessively heavy, and sowing operations
cannot be taken In hand until after a break of some duration. Favorable rain Is reported from Bhownuggur, but in otli»r DhoUera dlstriota
ralB Is still wanted. From the Bengal districts seasonable weather U
reported.

From the Bombay Company's
we have the subjoined:

(Limited) Report of July 4

The monsoon has been general throughout the Presidency and the
neighboring cotton districts. In Bengal rain has tallou copiously, and
the anxiety felt In consetiuenoo of the dellclinoy referred to in our last
report has been allayed.
tei
,,,^

.iiflCfi

fe'

ACQU8T
JCTB

».

Baooino, &c.

—Thpfp

hag heeo a more active

The
busiiioiw in bagninK the nasi w»>ok at unohanKcd prices.
trailing nifirenvor lias lipeii pntirely in nniall i)arcel8, and
for a round lot concessionH from rulinK (luotationa mieht l>e

Holders ask H^c. for 1\4 lbs., ejgC. for 1^ lbs.,
In jute butts
lbs. and 7?gc. for standard Rrados.
the market lias l)een dull and featureless and are quoted
to-night l';i.-. for paiwr Krade.s and 2c. for bagging; qualiThe sliK-k of jute butts in the hands of importers and
ties.
gpetMilator.s on August 1 was »6,7()0 bales, against 1,")3,00<) bales
obtained.
ftic. for

'J

The
bales in 1888.
deliveries to manufacturers since the first of January this
year have aggregated 285,000 bales, which compares with
251,000 bales a year ago and 825,000 in 1888. The amount
reported afloat from Calcutta is about 129,000 bales, against
67,000 and 51,000. respectively, in the two preceding years.
on the same

ilate

and 84,000

188»

in

Memphis District First Open Cotton Bolls.— Through
Henry Hotter, Secretary of the Memphis

the courtesy of Mr.

E.f change, we are infornied that the first open cotton
bolls of tlie season 1890-91 were received at the Memphis

Cotton

Cotton Exchange on Monday, August 4, from Mr. W. A.
Bonner, Dimcan, Bolivar County, Miss., and Mr. J. H. Zadick,
Terrene, Bolivar County, Miss.
Last year the first open boll was received from Coahoma,
Coahoma County, Miss., on August 12, or eight days later
tlian in the present year.

The first bale of new cotton reached Memphis in 1889 on the
18th of August, and came from West Point, Miss.
New Alabama Cotton. The fii-st bale of new Alabama
cotton was received at Montgomery on Saturday, August 2.
Hall's plantation, Slontgomery
It came from Peyton R.
County, classed strict middling stained, weighed 561 pounds,
and sold at 13?4 cents per pound. Last year the first bale
from Alabama reached Montgomery on August 2, and in 1888
the earliest arrival was on July 31, and in 1887 on August 11,
all from Mr. Hall's plantation.

—

—

Savannah's First Bale. The first bale of cotton of the
new crop reached Savannah August 3, from Albany, Ga. It
cla-ssed strict good ordinary, with color and staple good.
Last year the first bale was received at Savannah July 24, or
nine days earlier.

—

South Carolina's First Arrival. The first new bale of
upland cotton raised in South Carolina was received at
Cnarleston on Thursday, August 7, from BarnweU County.
In 1889 the first bale reached Charleston, August 17, and also
came from Barnwell County.

Thk exports of Cotton from New York this week show a
decrease compared with last week, the total reaching 5, .307
bales, auainst 8,1.52 bales last week.
Below we give our
usual table, show ng the exports of cotton from New York,
and the direction, tor each of the last four weeks; also the
total exports and direction since Sept. 1, 1889, and in the last
column the total for the same period of the previous year.
BXP0BT8 OF COTTON (BALKS) FROM NEW TOBK SINCE SEPT. 1, 1889.
Week Ending—
Exported to—

July

July

July

17.

24.

31.

5,068

Liverpool

Other

Britlali port*..

Tot. TO Gt. Brit'n.

I

5.068

6,929
13

7,916

6.942

7,916

Aug.

;

Fbench

576,832
141,835

6,307

551,317

718,667

16

42,603'
100,

59,426

16

42,703

59.426

22,584'

42,020
72.f55
113,539

58,598

Otber ports

38

..

Unrlner,

.

BoaTOS—To Liverpool— July 29— Steamer Venetian.
Steaniir Pavoiila,

52,90O;

38

134,082

Total Spain,

Grand

380

Ac.

Total.... 15,106

380

220

7,322

8.152

5,307

TU4$.

».4

*u

»M

•m

Do latedcUv'y.d.

....

..*.

....

....

....

a»TTe, steam.... e.

^»»1«

14»»„

1435,,

Do

sail

Bremen, steam

Do

e.

Indlreot.e.

228,214

Do via lniUreot.e
4maf d'm, steam .«.
Do Indirect. .((
Do

sail

>*a»i«

"OSie

.--.

....

....

•••.

ht

'l«

ht

'it

'1.

'i«

....

....

....

...

....

....

Baroelona.eteamd.l
(^ooa, steam .. .<f.
rneate, steam... d.

>si

Totat 6al€).

per steamers aty of Chester, 1,624
1,000
Majestic, 763
Nevada, 450....Umbria, 171
....
Orlka.ns— To Liverpool, per steamers American, 1,427,...
Italy,

PaiLADELrmA— To Liverpool, per eteamer Penosylvania, 8
I'otal

.

_ .,

5,359
8

arranged in our usual
Liverpool.

,

<.ew\ork
Orleans

•'ew

'Uiladelphla

Total

5,307

10,674

rhe particulars of these shipments,
iorm, are as follows:

s^f(yj
'.

II. ..11.".;".;.

6,359

Total.

5,307
5,359

8

8

10,674

10,674

Below we add the clearances this week of vessels carrying
otion from United States ports, bringing our data down to
he latest dates:

E

>43»ta

....

45*

....

>..•

45*

....

*J*

....

....

....

....

»S1I

»2»

»»!.

"(!»''«

....

.•••

»»»

»3.

1

i^ai

"ei

''ei

"«1

»»M

1»„

832

».«

»3a

»«.

»sa

%

»M

^

%

Is

%

hi

Antwerp, steam d.
' Per 100 lbs.

—

LlTERFOOL. By cable from Liverpool we have the following
tatement of the week's sales, stocks. Sec., at that port.
July 25.

Jicly 18.

Salea of the

week

55,000
1.000
2,000
41,000
2.000
62,000
802.000

bales

Ot which exporters took
Of which speoDl&tora took. .
American

Salea

AotOAl export. ....... ..........

Porwardea
Total stofl^— Estimated

Of which American— Estlm'd

week
Of which American
^monnt afloat
Of which American

i

33.000
13.000
55.000
10.000

.

Aug.

Aug.

1.

64,000
2.000
IS.OCO
50.000

43,000

•J.COO

2.OOOI
56,OOOl
745,0001

8.

23,000
1,000

1,000

2.000
30,C00

55,000
769,000
430,000
24,000
7,000
60,000
15.C00

465.000:

Total Import of the

17.000
5,000
40.000
713,000

304,000
34,000

3<!8,000

15,000
6,000
80,000
30,000

9,0001

59,000
15.000

The tone of the Liverpool nuirket for spots and futures each
iay of the week ending Aug. 8, and the daily closing prices
of spot cotton,

have been as foUows:

Saturday Monday. Tueiday.

Spot.

Market, I
1:45 P. u.^

\

Wednet. Thund'y.

Friday^

Fair

Pmall

demand.

inquiry.

6",«

6II16

6tl,g

8,000

8,000
1,000

6,000

Mld.Upl'ds.
Sales
Spec.

500

Aexp.

500

future*.
Stead; at

Market,

partially
1.64 adv.

1:45 P. M.

Market,
4 P.M.

)

Quiet and

Quiet.

steady.

Quiet and Quiet and

Steady.

steady.

]

steady.

The opening, highest, lowest and closing prices of futures at
Liverpool for each day are given below. Prices are on th e
b wiB of Uplands, Low Middling clause, unless otherwise stated
Thui : 5 63 meant
^ff° The prices are given in pence and 64<A.
5 63-e4d., and 6 01 meant 6 l-64d.
(Saturday, Monday and Tuesday -August 2, 4 and 5— Holidays.)
Wed., Anc. 6.
OpmlHioA Low.\

'

Clo».j

Thnra., An*. 7.

j

FrI., Ausr. 8.

Open High Low. Clot.\'Oi)tn\Hiv)>\LovJ

Cloi.

'

August

d.

d.

1

d.

j

639|e40 639 610

5 56

631
631
6dS
556
551
663
653
661
566

5 67

5 67

5 69

669|669

Aug.-Sept... e 31

8 34

631

OCt.-HOT....

Kn.klneer, 2,468... Exiilonr. 1,464

45*

....

...

36,658

News,—The exports of cottcn from the Uniteo
States the past week, as per latest mail returns, have reached
.11.674 bales.
So far as the Southern ports are concerned, these
are the same exports reported by telegraph and published in
the Chroniclk last Friday. "With regard to New York w»
include the manifests of all vessels cleared up to Thtirsday.

New

....

45*

45'

d.\

6 02

556 666

NOT.-Dee... 6 51
Dec-Jao.... 553

:

5 55

551
Jan.-Feb.... 553 651
Feb.-Maroh. 551 655
t

'

999

»et

Seval, ateara ....d. i^t^aitst ^^u'^'':a ISg^a?,, lSe4®1j,Ug497jj

15,255

746.3.17 1.042.965

SHippisa

Galilio,

#H.

HambarK, eteam.e. "aj*'']. "a!*'!* »'»a»Tl6 "S»»7l«'"»3«'lg »3»«Tt6

SeDtember.. 831
Sept..Oct... 4 04

YoBK— To Liverpool,

.

....

e.

17,824
18,834

„
vtw „

——,

Wtdtut. riMrt.

Jfon.

•m

4,077
11,178

220

Aanut 1—

1

Kansaa,

Battir.

Mch.-Aprt).. 5 56
.Kl.rll-May.. 5 57
-M

uy-June..

6 50

,

.

1831

631

!;

1

6 08

656
555

d.

d.

d:

d.

d.

1

d.

<t

1

610 839 610 18 39 639 638
633 6 31 6 33 631 633 8 31 6 S3
633 831 633 6S1|6S3|6 31 833

1

6 39
1

Bp'o,Op'to,Gibr.,Jkc,
j51 other

4— Hteaiiier

.

d.

Tot.ioNo.Ecbopb

AiiKUHt

riin.ADELPHiA- To Liverpool— Au((<i»t 5— Steamer Lord Wive,
To Antwerp— Angiiat 6— Steamer Switzerland,
Octton freights the past week have been as follows;

year.

475,372
78 945

Bremen
BMUImrg

ITiw Oblban»—To Liverpool— Augtut S-Stesmara Coste Rlean,

period
previout

5,307

Otber Frenrli porta..

177

Same

Total
rinee
Sept. 1.

....

Havre
TOTAI,

.

1

IHE CHttONlCLK

1880.J

Bi'TTP,

.

.

1

6 01
1

[

6 61

661
6 66

666

6 02

8 01
656 .6 56
5 66 6 61
561 6 63

586
651
653
663 661 663
661 556 661
666 558 556

6 67 lie 67

5

659

6

1

655

:
i

l|

5 56

6 56

651 566

6 61

6 68

1

65115 63 5611563,
S51 |i568 561 663
555 551 566! 554

8 31

831
604

808;6b3 6026Cl
5 66

d.

639
j

5 56
6 61
6 63

663
554
66616666565 55 556
67 6 57 687 i!557 567 5 56
587
69 569 5 591 5 58!569688' 560
•

j

'

1

1

1

1

1

1

1

BREADSTUFF S.
Fridat, p. M.. August

8,

1890.

There has been a further and important advance in prices
of wheat flour; but the higher prices thus far are more in
tlie demands of holders than in prices actually paid.
Buyers
did not operate beyond their most urgent needs, and the
higher prices could not be regarded as fully established,
having no other basis than the speculative advance in wheat,
which fluctuated constantly. To-day the market was dull
and weak.
The week has been an excited one in the wheat itnirket,
and at the close of Wednesday's business there was an important advance in pricts from the previous Friday. Crop
accounts from Europe were faiily favorable, and her operators were generally sellers in this market as prices advanced;
but there was a OLore active spot market for export as well a

.

.

,

.

THE CHRONICLE.

178

everything before
local milling, and the Western bulls earned
embraced a JarRe
Wednesday
export
on
for
sales
The
them.
f. o. b., and a
line of Xo. 2 rtd winter for Lisbon at |1 OIJ^,
delivere.),
considerable parcel of No. 3 Milwaukee at 98c.
choice red
while Tuesday H business embraced 136,000 bush,
advance in
winter at $1 03 afloat. On Thursday an eatly
selling to
futures was followed by a sharp decline, under free
crops in nearly
realize, with better weather for the maturing
renewed at to-day s
all directions, and the depression was
close
market under pretty much the same infl jences. At the for
but millers paid full prices
expoit buyers withdrew,
choice grades.
DAILY oLoenro rvcma of no. 2 bbd wnrriE whbit.
Thvri.
Tuet, Wed.
Hon.
Sal.
98%
99'a
OT*
98%
9B'8
o.
August delivery
10014
99%

—

8epi<-iiiber tlelivery

o.

c.
October delivery
Noveniber delivery. .-..o

97

98'a

97>9

9'J>4

100

98
99

99»8
IOOI4
101>a

lOCs

99%

101»8
102>«
10338
io6»8

100>«
101 14
102>4
io5>4

Fn
97%
98

98%

[Vol. LI,

The receipts of flour and grain at the seaboard ports
week ended Aug. 2, 1890, follow:
flour,

bush.

622,200
23,250
117.30G
f6.300
619,464
14.322
35,000

Boston

"

..

MoTntreaV
Philadelphia..

Baltimore-...

Richmond....

Hew Orleans..

delivery
„„..^..
-.^t....
January delivery

o.
0.

09%

the crop for this season shall prove to
be deficient, the large surplus carried over from last
season will prevent any scarcity being felt. There was today a further decline in futures, but some buying to fill
freight engagements was done at 56Jiia57c. for No. 2 mixed

said finally that

if

afloat.

DAILT OUMOrO FBIOM OF HO. 3 lOXBD OOBM.
Thw§. Fri
Wtd.
Sat.
Kan. Tuet.
SSOg
5G
6478
64%
0. 54%
53%
Angiift delivery
55%
64
5!>^
56^^
54%
0. 65
BeiSember delivery
56>4
65'a
64'«
57
56>fl
0.
es^a
October delivery
was
which
Oats have shared in the speculative excitement
shown in wheat and corn, closing weak and unsettled. The
rise had less of real basis than in other cereals, and was therefore sharper and the break more decided.
DAiLT oi«uiio Fuoas OF HO. 3 MtxaD oxn
gat.
JTm.
Tutt.
Wed. nur$.
Fri.
39%
40%
44
44
43
0. 39%
Augnat delivery
39i«
42i«
4IT9
43
c. 3«»»
September delivery
40H
3a%
43>«
42
c. 39%
40=8
43
October delivery
Rye is held higher, but entirely nominal; and barley is as
yet wholly unsettled.
The following are closing quotations for wheat flour in
barrels. (Corresponding grades in sacks sell slightly below
these figures):

9 bW.

Fine
Buperflne
Extra, No. -^
Extra, No. 1
Clears
Biralgbts
Patent, spring

F1.0UB.
»2 20«$2 CO Patent, winter
2.'i0»3 10 City shipping, extras.
3 303 3 70 Kye Hour, superflne..

3 75» 4
4 16® 4
4 45* 4
6 00» 5

Wlieat—

o.

Red winter
White

Bye—
58
68

Western, per bash..
State and Jersey ..

11

9
»

1

07
99
90

«105
8100

«
O

Western,

Ae

2
3

Brandywlne

»
«
-o
»

.54

56
45

Ixporu
ffOTn

—

FUmr.

WKtat.

Otalouio

'",391

KUwaakee...

81.B04
32,634

Dolnth.
lUnneapolls.

olwlo
.

2,106
4.041

BULooU.....

7.800
31.477

Detroit.. .
GIvTelBiid. ..

PaorU

Tot-wtW.
Bam* wk.'SB.
Ban* wk.'SB.

<8S.6«a
92.eS0
138,100
eie.29a
718.777
1«7,9«3
74.970
ei2.49«

Com.
Buill.Sfllft

OaU.

58
47
52

ibt

1.313.408

11.222

51.755

176,000

55,400

16.820

i2.985

«...

....

17.684
41.700

42.400

t>ta.iS5

223 985

67,'

10,635

63
8,!25

3,561

53. SCO

160,200

370,000

1,100

1,800

IM.OIS
230,2^

2.7SS.638

2.4';3.641

2,282.675

2,9«9.2;3

»,a87.608

i,si5,e&e

70,947
28,444

84 337
40.025

232,138

3,053,400

1,616,430

1,074,461

10,953

56,832

UB»^....
UBMt....

11,611.066

1W7-8N...

^^.7Il.8^5 1I<.II)5,8ST

».l»6.144

1S8.023M9 184.535.158 99.070.878 26,149,072 8,406
881
»S,80t<.601 124.493.089

po?^' forYour'^years:

91.S0S.6S9

'"»'P'"«°'«

1890.

Week

83.881.334
';9.»10,4S4

24 ,98a,- 53
22.68«.733

4.867.834
2.167,991

^""^ "^^^^"^ ^^ke and
1889.

Week

1888.

Wee*

river

1887.

Wee*

Aug. 3.
255,746

Aug. 4.
260,566

Aug, 6.
£55,459

410,605

22,527

713,796
382.505
893,022
8,268
22,565

454,035
249,655
779,853
9,132
9,571

226,635
1,083,485
10,309
8,931

,2,602^18

2,020.146

1,502,815

1,644,763

bblg.

Wheat

bush.

7S9.7tJ9

Data
Barley

1,420,583
8.t-34

«re.„..::::::;:;::::

53&
7,972:

503.486
476,661

OaU.

Byt.

Pea*.

RUHh.

Svsh.

BumK.

BuMll.

36.688
13,907

2.054

i'.oii

i'687

1

2,490>

.8,393

16,27"3:

1,429
54,8 '8
1,066

""8"i=

2,040

121,009

3,141

8,393

18,84r

176,007

914

1,321

105,491<L

The visible supply of grain, comprising the stocks io granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by water, August 2, 1890:
Corn,
Oatt,
Bye,
Barley,
Wheat,
bn^h.
butk.
butk.
biiih.
In etore al~
1,133.411 1.413,240 989,277
18,083
1,97V
New York
Do

aUoat.

Albany...
Badaio
Chioago
Milwaukee.
Daluth
Toledo
.

Detroit

*OsweKO
St.

Loulu

Do

e float..

Ctoolnnatl.

...

Aoston
Toronto
Montreal......
Philadelphia..
Peoria.
Indianapolis..
B.tltimore.

Minneapolis

.

142,300
142,900
36.000
516,993
655,754
4,229,700 4,124.099
191.464
8.507
1,12^219
3.529
934.387
202,639
6.320
313,604
50,000
26.000
1,903,163 1,404,259
60,000
1,000
2(',005
156,754
58.634
^4,069
4i',026
101,860
304,062

S82
138,500
656,1 S8
6,467,780

590
1,000
163,392

59',oo6

131,588
289.458
8,390
100
12.211
27,836

26,500
25,li0
205,656
57,379

6.00»
89,945-

17,976
5,460

23,i7"7

"4,868

144.204

4,000
123

i',393:
135,000
6,000
3,07914,97333,283;

765
125,553
ll.s,666

75.518
3,000
34,377
16,067

15,529

......>•

100
7,0e0

60,000

Bt Paul..

Tot. July 26.'90. 18,392.318 12,020,700 2,628.671
Tot. Aug. 3,'89. 12,687,967 6,988,3513.719,754
Tot. Aug. 4, •88. 22.997,791 9,009,649 2,210,557
Tot. Aug. 6,'87. 33,691,097 7,309,148 2,868,400

506.384
796,364
132,945
305,411

388,886362.939-

145,097-

125,92S

Oswego— Laet week's stooii. this week's not received.

THE DRY GOODS TRADE.
Friday P. M., August

8,

1890.

Notwithstanding Ihe warm weather, which rendered manybuyers more or less apathetic, a fair business was done in thedry goods market the past week. The demand at first hands
was hardly up to expectations, but commission houses and
importers continued to charge up and make liberal deliveries
of all and wintfr goods on account of former transactions.
Business in jobbing circles was more active, and it is probable that considerably more than an average business for the
time of year was done by sunh houses as keep abreast with
the times. Accounts from the interior are in the main satisfactory, though merchants from some parts of the West and
Southwest expref s fears as to the effect of the late drouth in
some sections, which may militate to some extent againstthe growing crops. Prices for most descriptions of manufactured goods remain firm, and stocks of nearly all domestic
productions are in remarkably good shape, considering tMe
large demand for consumption in sight.
Domestic Woolen Goods.— The demand for men's-wear
woolens at first hands was barely up to expectations. There
were more out of- town buyers in the market than for some^
time past, but transactions were individually light and collectively moderate. No doubt the impending tariff legislation has caused many merchants to pursue a cautious policy
in placing orders for spring clothing woolens, and some descriptions -were lightly dealt in in consequence. Low grade
spring cassimeres and worsteds continued in fair request, and
I

leading

makes are well sold up, as are a few of the better
and prices remain firm. Heavy clothing woolens

qualities,

Aug. 2.
247,832

Flour

Total

Btr.

9,280

6.744

19.560
114,536
27,900
1.320
6,240

Bbti.

Nbw Yobk.

1.187.83^4

mmeeAut.!.

Com

Barlli.

BMh.S2ll)t Buth.4Hlh Bu. SH

S88.0SI

bush.

1,740

tUiwr.

455,333 1,278,252

1889...

5G>3

•

Bblf.lMUu BmKOOlb,

2,050
1,050

l'.i8,430

Wheat.

S'me time

.S7

The movement of breadstuSs to market is indicated in the
itatement below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at West
em lake and river ports, arranged so as to present the com
parative movement for the week ending Augusts, 1890, and
ince Aujtast 1. 1899, for each of the last three vears:
&c«i>t< at-

Rye,
27.30<>

.17

40
45>«a 46I9
47 « 48

No. 2 mixed
No. 2 white

205.500

3.100 37,548
11,000 32,866:
The exports from the several seaboard porta for the week
ending August 2, 1890, are shown in the annexed statement:
Total week.. 259.8^3 1,417,812 1,910.195
week '89. 278,060 974,217 1,918.867

Cor.

*

White
61
62

3 15

60» 2 7."^
159 3 25

54 »
55ia9

West'u mixed
Weat'n mixed N0.2.
Western yellow
Western white
Oats— Mixed.. fl bu.

816,800
123,730
301.216
303,432
249,552
14.462
99,003

th»

62,263
32.876
On Mississippi...
59,502
495,157 l,446,lt<5 39«,310
67,969
On Lakes
J5 00«$5 50 On canal & river.
10,000632,000 1,369,500
47,500
8,300
4 75» 5 00
3 209 3 45 Tot. Aug. 2,'90. 18,372,679 11,564,852 2,.530,817
461,093 399,996

3C09

Fine

Com meal-

Com, per bush.—

0.

90
95
98
88
90

Spring, per bush. .
Spring No. 2
Bed winter No. 2 ..

30
60
90
65

Barley,
bush.

Oalt,

burh.

hush.

66;*.

84,0f8
38,549
32.122
11.995
74,653
2.215
16,211

lOOH
100% 102
655,186 571.778
Kim irewTork
101% 103>9
55,451
104»4 Boatwi...
Suy"eUTei^.::...:::::5: 102^1 io45 loa
Portland.
156',577
69',806
Montreal.
specuweek,
the
in
early
advance
sharp
made
a
Indian corn
PhUadsl.
lation being stimulated and supported by reports of serious Baltlm're
326,695
S92',350
retrans-Missieeippi
in
the
crop
to
the
109,500 181,147
drought
N.
Orl'ns.
by
damage
gion; but the advance was checked on Wednesday. There IT. News..
EUolim'd
was the natural selling to realize after a sharp advance; bewas Tot^week. l,226,836'l.285,648
eides, the higher prices checked the spot business, and it
December

Corn,

WKeal,

At

HewYork

for

315,393

were taken in relatively small parcels to a fair amount, and
there was a steady movement in some desriptions on account
of back orders. Cloakings ruled quiet because of renewed
labor troubles among the operatives, and there was a moderate call for stockinets and Jersey cloths. Flannels, blankets,
shawls and carpets were more active in jobbing circles, but
the demand at first hands was comparatively light.
Domestic C!otton Goods.—The exports of cotton goods
from this port for the week ending Aug,
were 1,91Q

'

:

.

AUGUST

THE (CHRONICLE

1890.]

9,

packaKeo, valued at |U8,S73, their deatiuation being to the
point8 giMTilti-d in the table

below
1889.

1890.

Skw Tobk to AfO.
Oreat Rrltnin

Sine* Jan.

1J7

3.707
1.1X9
25.890
2,098
5,912
4.219
8.350
1,129
2,825

20

European

Oth<<r

Iniporlallaiis or Dry Ooo4*.
The importations of dry fi;oodii at this port for the rreek
endinK Auk. 7, 1890, and since Jan, 1, and tho same facta
for the corresponding periods of last year are as follows

8.

Wfk.

800
250

•Clilim

India

Arabia

'"46

Africa

13S

WoHt tndlea
Mi'xlco
Outral Atuoiica. ............

"174
314
47

1.

Week. Binei Jan. 1

213
37
19

1.288
31.151

1

2,79.^

"i'35
1,781

3.7'.'4

218

9.2B2
2.329
3.473
23,118
1,741

32
063
25

ie,tf70

1,884

er

3.0.%2

1;

73,883
30,943

1,910

Total

vU

Vancouver

1

T9T0'

Total

104,831

3,128

r)

<n

u

»0
CO

121,418

exports since January

1

have

4)een »4, 173,410 in 1890, ajcainst $5,258,400 in 1889.
At iirst liands the demand for staple cotton goods was
«teady but moderate, and a fair business was reported by
leading jubbers. Brown cottons were in better request and
prices are firmer, some good- sized contracts having been
made by converters at a slight advance upon last week's quotations. Bleached shirtings continued in fair request, and there
vas a steady movement in wide sheeting-', cotton flannels,
-corset jeans und sateens on account of recent and baok
orders.
Colored cottons continued in moderate request, and
iham was a fair business in dark prints and ginghams, for
which a good many re-orders were received from interior
markets. Print cloths ruled quiet and steady at last week's
-quotations.
1889.
1890.
1888Aug. 3.
Aug. 2.
Aug. i.
Btotk of Print Ololht—
143,000
Held bv Providence manuPers
451,000
7.000

RlvermanuJacturer*
Providence speculators
Fall

Ontelde speculators

2-»6,000

7,i)00

None.
9,000

None.
None.

(est)

I8M.

1S90.

Insurance Co.
THE CITY OF NETV YORK.
1889.

FBALKIOH. Sec A. WHEILWRIOBT, A>Bt.See.
Wm. T. Btanoxs, Actoarr.

Companr- It li eailer to place loiaranee on
tms plan than on any plan erer before offered, and
the policy Iteelf la the most Illieral and eqaltabU
ttali

ciples.

THB MARKED SUCCESS
It

already achlered by
ails a want loug felt by the

insorinii.ptibllo.

GOOD AGENTS, desiring

to represent the

Com.

<puy, are Inrlted to address J. 8.
fflaperintendent of Airenoles. at Home OflBoe,

GAFFNKY,

&

:

:

tw
W W to ©
cc- w«»- wa>
to

}ti»

SlU

:o

;;.

*k *.

e 0:

1W
M
X to y
*» 01 W XX

ai-'

10

OM
«>-]
01^
^co
<c»

CO

-.0

3;

British

Mercantile

Ins.

Co.

OF

SAM.

P.

AND EDIIVBVROD.

BLAGDEN,

Manager.

AVM. A. FRANCIS, Assistant Manager
K. H. W'ASS, General Agent.
R.

ECKER,

U. S,

No. 54

Assistant Gen. Agent.

BRANCH

OFFICE,

WILLIAM

o

i

:

i

i

i

T

Ci

^ •- CO "I

o*-

U"

£2
(SCO

MMCOfcO^

M X *• w
tO--CWrf^

&.X&3XIN
x;;»*'ic vt

OWi^-JJO
h-o cnooi

M
M^OQCO^

XOl —

2:3

a
a
D
»

r]

OCDCK

rf*

^W

M CO 10 OS

to

-)U1

atco**xi
WtOOOC;'^

WW
wa
w*-

cc to

tso

06

^Jl-*

CO

ON
<1M

MtOCJftOO

UXI

(i-tOXtO

03

-JCOlCtO —
u» « W -] W CO

V.

OIU

CD

01 ts

00^*4 00
to X
a H-^iX
co'^'-iVb
-"Oco-i j>

ODK»»-':ox
05 if^*-

ST., N. Y.

t-5

K

*>

tor COCO

•k.O<^tOi^

xco

tOMM<^

*JOJ

K;;^3iXO
<0X XM31

CO

N. J.

1S48.

:3coxx

to 05 a>

If

00c

CMMh-tO
co'^bci'tn

to to

CO

X

,f^

to

^

tea;

CO*JOMO>

MtO_AW«
CO X
M»;gM_0
xoi*
—

To'^tOi-to
•-1

03

u X ^ to
^ to -o oa M

to
-I CO
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toy.

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tC-^

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05

*

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J5*JX:0

Preatdent.
to all circuvtstantti.

of

Noe. 14

CAPITAL.

to

ASSBTH, (900,000
Issues SURETY BONDS, fcnaranteelng theddeli.
of persons In positions of trust, such as em.
ployes of Railroads, Banks, and Corporatloca
issues

ACCIDENT POLICIES, oontalnlna al
BOILER POLICIES of

features.

Also PLATE GLASS and
approved forms.

)

Sl,000,Oeo

demand, or on which interest Is allowed, and Is
eni(>owered by law to act as KXECUTOR. AOMIN.
ISTKATOU. tuL'STKK. liCARDIAN. A&SIGNBB
COM.V1ITTKK. KKCEIVKlt. AGB.NT. ettf "or the
faithful performance of which Its capital
and
surplus fund furnish ample security.
All trust funds and Invc-iliuentsare kept separate
and apart from tho assets of tbe company
The income of parties residing abroad careful
collected and duly remitted.

BAM'L

K. SllIPI.KV, President.
T. WISTAH BROWN. Vice-President.

Vice-President and Aotnary

»
.

,

OFFICERS:
Wu. M. RicHARDg-Prest. Geo. F.aitrAaD.T-Praet.
EDW. Ij. SHAW. Asst. 8Mb
ROBT. J. UILLAS, Sec.
DIRECTORS:
A.B. Uall,
Geo.S.Coe,
J. O. McColloiwIl,
J.S.T.Stranahan, H. A. Hurlbnt, J. Rogers Mazwali
A. E. Orr,
J. D. Vermllye, Geo. K. Seward.
G. G. Williams. John L. RIker. Wm. M. RlcharOa
Wm. U. Male.
Wm. U. Ixiw.

STOCKS

and

BONDS

At Auction,
AUCTION SALBS

RBOULAB WRBKLT

bold
of

all classes

of

STOCKS AND BONDS
ON

KVBRY WKDNB8DAT.

ADRIAN D. nVLLER

Trust Co.

ASSETS, «22,69e,S92 98
INSURES LIVES, GRANTS ANNUITIES.
CEIVE8 MONEY ON DKI'OSIT, returnable RB.
on

TOBK,
14H Broadway.

«26<.i,0uo.

Ity

Uond

Incorporated Third Ho., iSd, 1866

Casualty Co.

NEW

OF

NO

(CHARTER PJIRPBTUAL

&

Fidelity

The cnderslRned

thereunder.

WINU,

t(9

T.3J

financial.

Polttws; also for pamphlet explanatory of tbe
Moins Non-For/eilurt Law, and for list of claims

8.

00^

O O«

O^-t-tOp—

ifc-

xx^oy

POLICY, CLASS "A," and other Forma

ASA

ft*

tooi*'0^

!*»•

toco

MAINE LAW CONVKkTIBLE POLICY. cLaSS
*"" •^'KNT (iUAKANTKKb BOND
.^^•r,,%'" '

CAPITAL

>^

"0

Life insurance which it does
not fumlBh cheaply, prolitably and Intelliiflbly.
Send to the Company's Home uIBce. Portland. Meor any of its AKents for publications describing its

&

*».

a

:j<

oxbo'—

m
»

Insurance Company
PORTLAND, nAINE.

Provident Life

^
S
?

•-•Miofcato

x
to *- -3
-J*Ji*»OtO

CO.,

and aiVipted

I

Q

ox tOOlr-fOM
^ M ^ -^ 'I
*k o c;
O

coo

ooccox
M

GO

DK WITT,

[

00

U^ X
- CC CO

fO

: rfi "jt ^j

03

C0 3S

QC^OOOX

01 *.

jT

Cs'ro

,*-?*

COIkCCCDit-

W

u>*.

JtOXCS-O

modern

K.

X

X

X -1 Ci

CO Oi

o-.Oi

ffenerally.

JOHN

^/v

a

Its

Itt plana art varied
There is nothing in

":

1

ft

»
MCOCOXO

XiC

INCOKPOUATED

w

•

xwo'^xx
— 05 — C0*»
.0SX»MO

000*01

05

3

y*

to

r©w

*- CO v3 to

05

value will pay for; or. If preferred, s
Pald.np policy tor iu fall value is Issued in excfaaOKe.
After the second year Puhciesare INCONTKaTABLl,
except as ftKainstlntentiural fraud; an.** al/ ratnclions a» to raiiUnce. travel nr occuj>ati/m are removed.
Cash loanh are madeto the extent of 50 per cent
of the reserye value, where valid ussiknoients of tbe
potlcles can be made as collateral secur.cy.
L088KH paid Immediately upon completion and ap.
prOTal of proofs.

Life

-I

H

cw^*>w

ro

-.!»

tOCO'UW^.

lojCrjj--^

I

-J"

M

>U

^

:

It.

CIO -10 A

no

-JQi

H

u a^ CC^C3V<1

,_.

:

1^

.-jy

COM
^i.
^'^

u
CD

:

XIO

yt

%o

5

:

:

B:

a.

I

1

A:

SON.

PINE STREET NEW. YORK

Southern

OF PHILADELPHIA.

I«0.\DOSr

W.

:

:

:

as long as

o%J<1

North

:

i

President.
Assets (Market Yalnes). Jan. 1, l«90....»45.236,9rt.3 29
Liabilities (N.Y. and Mass. SUndard).. 41.^as.8k8 2B
gnrplus
8,408.335 03
Surplns, by former N. Y. Standard,
(Am. Ex. 4^ per rent Ke»erTe)
5.838.035 03
POUClBa ABSOLtrrEi.y .NuN-rOHPKIXABLa ArrKB
SKCO.ND TKAR.

contract consistent with recognised t-islness prin-

'1

::::! r
:

":

f:
8:

S

UNION MUTUAL

"LOW RATE TERM PLAN"

tbls plan shows that

i

IXCABKOPLAPSEthePoIiCy IBCONTIVtrEDINrOBCl

Bxamlne tbe manifold adrantaffes of tb«
of

:

NEWARK,
......

RECORD FOR

P.

:

s:

The Mutual Benefit

LIFE INSURANCE
States Life AMZI
DODD,

fNOBKABK IN ASSETS.
INCRBA8B IN 80RPLDS.
INCRBASB IN POLICIES IBSDBD.
INCBBA8B IN BUaiNESS WBITTBN.
INCHEASB IN IN3CRANCB IN FOBCB.
OGORGE H. BURFORD. President.

C

3;

H
3

B

'^nsnxnuti.

3in5tti;aM;«.

IN

5*

»-f-

en

The United

;

ceo

5,500

150.000
12,500
FoBEias Dry Goods. The jobbing trade in foreign goods
•was of fairly satisfactory proportions, because most of the
leading houses are selling their recent importations at old
prices, thus practically ignoring the probable passage by
Congress of a higher tariff bill. At first hands the demand
was irregular, but a fair trade in certain specialties was done
by some of the principal importers.

—

;

CO
t^

None.
None.

709.000

Total stook (pieces)

;

CO

nlll points direct.

New York

8;

|:

--0

From New England
The value of the

'

n mil

8'

«:

^

88.054
32,464

3,426

s

5"

fl,«7:t

)-•

"China,

179

Investments.

Timber, Mineral and Realty surveyed, valued and

development cost estimated. Ten years' ezperU
snoe.

W. M. SUELTON,
K. and Prospector,
WALL STREET, New York.
•

Room

126,6

.

JOSEPH GILLOTT'S

STEEL PENS.
QOLD MEOAL,

PARM

exPosiriON,

1889.

THE HOST PEBFIflT OF PENS.;

.

THE chroniclk;

180
SattfejerB

&

Taintor

lljew "^ovU ©its.

and ^voUevs in

&

Harriman

Holt,

[Vol. LI.

Co.,

I

Members N. T. atosk

)

Ezohange.

Dealer*

TBAHSACT A OBNERAL BAKKINQ AND 8T00B
IkZCHANOB BUSIMESS.
DKP08IT8 RECEITKD AND INTEBB8T AX
LOWED ON BALANCES.

GoTernment, Municipal, Water Workf
and Railroad Seoarltlea.

9 Mow Street and 74 Broadwar.

In

Traaaact a general

NEW YORK

Banking; bastness,

on the New Tork Stook BzHeearitlea
ctumxe bought and aold for osab er or
listed

H.

Nicholas,

I.

J. S. Nloholsi,

rrlTst* t«l«Krspta wItm to ProTldeno* and Boatoi

B.TAINTOB. a D.L'HCILIBB.

Have oonatantir

on hand a choice Uneof Beonrl.
Trust Funds and

H.

ties for InTeatora,

e. H.'BOI/

CHARLES

WALTER WATSON, Jlu,

E.

COON

IiiTestinent Dep't.

•

Henry

Redmond

8.

&

Co.,

H. B.

BANKERS,
ST Broadwajr,

11 Wall Street,

&

Hollins
BANKERS,

TIetv

Trmnsact a General Banklnff Bnalneva.
iBtereat allowed on Deposits.

R.

Kimball

J.

&

Co.,

GOVERNMENT, MUNICIPAL and
RAILROAD SECURITIES.
DEMAND DEPOSIT ACCOUNTS RECEIVED.
INTEREST ALLOWED ON DAILY BALANCES.
DEALERS

No. 146

Stock Ezchanfie and of
the Philadelphia Stock ExchanKe.

BOBIXT J. KIMBALL.

ALFRID

B.

&

La Montagne,

Clarke
Co.,
BANKEBS AND BROKEBS,
«4 de 46 Broadwar. New York.

CITT

46 Wall

KAILKOAD STOCKS and BONDS

INVEST niENT BONBB

fclil.

rOBEIGN BZCHAN6B

BANKERfi*

AMD DXALBRSZIN INVESTMENT 8KCUBITIBS
Me. 44

E. L.

WALl, STREET, N.V.

CBAB. B. VAN
NOgTSAjrl)
SiTJ?'"""'"»»*"
•'W'',."Jtanber N.Y.
Ptoek Kzohange.

Drwjsa.

CLARK DIWIKO,
,.
(Member N. Y. Stook Exch.)

&

H. Dewing

Edwabd

Son,

OppKKHmi.

L.

Waltsb

Oppenheim
[XSTABLISHED

Dai.

NEW YORK.

18

Orders solicited In large or small loU for cash
or
fllscellaueou. BondsllUier
defanlt or interest-paying bought and
sold"

8^aSIS'S'"''? ?»'-f''^
I

OVER TWENTY YEARS' EXPERIENCE.

& Co.,
M: SO NASSAU ST., NEW YORK,
DBAXBBa a All, KixDe or

EitablUhed 1S63.
•^."'^?* °' "'^ TORK STOCK IXrHANOI.
Allow Interest on deposits subject
sight check.
Buy and se I on commission stock, andto bonds
either
for cash or on margin, and deal In

luTeslment Secnrltlea.
A. M. KiDDIB,

CEA8. D. MARTIN,
W. M. KIDDKR.

H.J.MoRsa.

McLELLAN
BAMKERB.

RXCBn

1

Exchano'e Court,

New

^

W. MCLlLLAN.

HINBT

T.

BOOOT.

Co.,

York.

INTESTMENT BONDS A SPECIALTY

Rolston
STOCKS, BONDS

&

Bass,

AND MISCELLANEOUS

SECURITIES
W. H. ROLSTON,
HO Broad Street,
W. ALEX. BA88, Jr.
MEW YORK.
8.

Y, Stock Ex.

HOOLBY.

P. O.

Box

&

Gilman, Son

Box 447.
c.

LXLAND.

Co.,

BANKERS AND BROKERS,
NO. 24 BROAD STREET

^0"

AVD

8,088,

Co.,

BANKERS,
No. •»

CEDAR STREET.

In addition to a General Banking Buslnesa, Bui
and Sell GOTemment Bonda and InTescmontSeociii'
ties.

John H. Davis

&

Co.,
BANKERS AND BROKERS,
N«. lOHTALL ST., NEW YORK.

Orders for Stocks and Bonds executed at all Ex*
changes.
Especial attention given to supplying high-olail

INVESTMENT SECURITIES.

In

Mlseellaneoiu Secnrltlea
lOLLS BUILDING (8d Floor.)
Boou K a as.
33
A I-L STREET.

BANKERS,

W

fnlted

WALL
call

&

Lapsley

NEW YORK

3T Broadwar. opp. Exehance Plaee. M.
Y.

P. O.

all 01

No.

EDWIN

D. A. BOODT.

^ "' "' ••"o«r.nn.i
"• InVlt*!
to
ttSSSIlZS^^''&
eoiieapond.
rrespon
»
Prompt and personal
^ir.irr
attention
to

Make oolleotion of Drafta, Notea, DiTldenda and
Conpona throughout the United Statea and Canada

Members N.

BOODY,

TRANSACT A GENERAL BANKING BUSINESB, INCLUDING THE PURCHASE AND
SALE
BaOroad and Inrestment Secnrlties. OF STOCKS AND BONDS FOR CASH OR ON
MARGIN. BUY AND SELL INVESTMENT
SB.
BocTBSRx SaccHirru a SpiciALirr.
CURITIES. INTEREST ALLOWED ON
DHPOS.
ITS, SUBJECT TO CHECK AT
SIGHT.

DMler

alpal SecuTltiea.

Private Wires to Boston and Philadelphia

BANKERS,
WALL STREET, NEW TORK.

Simon Borg

A. Dutenhofer,
BROKER,

York,

C, LONDON.

"^o™"""" "«'»"-

SPECULATIVE ACCOUNTS,
•TOOKS. BONDS AND PETROLEUM.

New

W. H. Goadby &

• »•' cent Debentures

Fred H. Smith,
^'BANKER AND BROKER,
No. 20 Broad Street, New York.

6 Wall Street,

BANKERS AND BROKERS,

^ondi bouf ht and sold on commission.

»»iSta^d*»i5.'^''" ^-

Janney,

BaeelTo deposlta subject to check at alsht ant
allow interest on balances.
Deal in Railroad Bonda, Btatii Ooontr and Moai

& Co., Howard

BANKERS AND BROKERS,
i£'l'?l'e".Se"il*8'',^S?,?ie7" '"

&

mab.

Mo. 18 Wall Street, IVew York.
pi^fS.^,??,''

New York.

BAMKEBS,

j

Street. E.

Nelson,

Street.

Chrystie

BANKERS AND BROKERS,
39 New Street and 4 Exchange Coart.
Brakch OrricB, Mubrat Hlll Hotkl,
73 Old Broad

NKL80I)

8.

All stocks and securities dealt in at the New York
Stock ExchaDKe boualitand sold on commission, for
cash or on margin. Deposits received and interest
allowed on balances.

Colnmbls

AND

Co.,

&

Young

W.

BANKERS AND BROKERS,

City, Railroad, District of

&

Stocks and bonds bought and sold on oommlsalon
large lota. Aooonnta solioited. Inf or.

n small or

Frederick W. Perry,
3 WALL STREET.

I<A MoirrAONi, Jr., Member N.Y. Stock Ezch
Bmumas Clakkz.
Wallace b. Smith.
wlrea to Philadelphia, Plttaburg, Boran.
FrlTate
^
tea. Beading, Wllkesbarre, Ijuicaster and BethJe-

STOCK BROKERS,
BROADWAY, NEW YORK

aiatlon promptly glren.

BROADWAY,

BOUGHT AND BOLD

I

Samuel D. Davis

64

NKWiTOBK.

LOCJNSBIBBT

York.

Members New York Stock Exchange,

T. 8. YotWG.jR.,
Member N. Y. Stook Exchange.

H. L. Grant,

Menbon of the New York

New

Stewart Brown's Sons,

IN

[B«tabllihed In ises.]

BANKEBS AMD BBOKEBS,
1« * 18 Braad Street, N«w TorK.

Co.,

Co,,

York.
MEMBERS NEW YORK STOCK EXCHANGE. W'ALI. and BROAD STREETS, N. Y.
Transact a General Banking Bnalness.
Stocks, Bonds and Cotton.
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Nicholas

mVEBTMENT SECURITIES A SPECIALTY

Ex.

Bateman

I.

Mam.

BANKERS AND BROKERS.

stltutions.

BATEMAN,
Mmban N T. Stock

A. E.

M.

Memb.N. Y.Stock Bzoh.

margin.

a.

&

Co.,
BANKERS AND BROKERS.

Eqnitable Building, 120 Broadway, N. I.

No. 11 Wall Street, Cor. New, New Tort

BOBODr Habrimah,

H. G. Campbell

BANKERS,

BANKERS*

HUNBT a. CAHPBILI,
J.

STOCKS,

ST.,

Bank Building,
Corner BKOADTYAY.

BONDS and OOMMBROIAL PAPER

at^New Y^frk

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R?S.^; £'"'£'"

Su.''iS?s.'^i;a'jei'2ss

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Fahnestock

BANKERS

AIVD

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Co., ^
BROHERffi

a Wall Street, Mew York. «;;;'V^
DMALBBS IN INVESTMENT B0ND8.I
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